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AI stocks lift Wall St as oil falls, Treasury yields decline
September 21, 2026 3:29
AI stocks lift Wall St as oil falls, Treasury yields decline

Wall Street’s main indexes rose on Monday, powered by AI gains as Treasury yields eased and crude prices tumbled more than 3% to hit an 11-day low on hope of progress in Middle East negotiations during the UN meeting this week. Doomsday warnings from the leaders of AI giants a week ago had led to a selloff, but the mood seemed lighter as investors focused on signs that spending on developing the technology was still expanding. Chip companies such as Intel rose 9%. Advanced Micro Devices surged 8.5% to become the latest chipmaker to reach $1 trillion in market valuation and Micron also gained 3%. Meta soared 6.2% to a more than seven-month high after brokerage Wells Fargo hiked its price target on the stock, while Accenture gained 3.5% after partnering with Anthropic to invest $2 billion in AI evaluation. “The excitement in the build-out and adoption of AI has really driven a lot of the growth in corporate profits and a lot of the gains in the stock market over the past few years,” said Chris Zaccarelli, chief investment officer for Northlight Asset Management. “Is there going to be a trade-off between safety and productivity benefits? That argument is going to continue for many months to come, if not many years.” While Washington and Tehran continued to exchange new threats through the weekend, US President Donald Trump said he would be open to meeting Iranian President Masoud Pezeshkian, who is expected at the UN General Assembly in New York this week. A fall in oil prices eased the pressure on equities as the 10-year US bond yield slipped below the critical 5% mark. Still, investors were wary of the interest-rate outlook after a recent pickup in inflation prompted the US Federal Reserve to raise rates for the first time in three years. Markets see a 50% chance of another hike next month, CME’s FedWatch showed. Commentary from at least 10 central bank policymakers is due this week. Chicago Fed President Austan Goolsbee said there was “no ambiguity” about the need for higher interest rates, with inflation pressures now moving beyond tariffs and energy prices to strong demand. At 10:24 a.m. ET, the Dow Jones Industrial Average rose 241.25 points, or 0.47%, to 51,923.89, the S&P 500 gained 70.38 points, or 0.92%, to 7,720.88, and the Nasdaq Composite added 393.21 points, or 1.48%, to 26,915.76. Seven of the 11 S&P 500 sectors were trading higher. Communication services was in the lead with a 2.3% rise, while energy led declines. A diplomatic breakthrough between the United States and Denmark over the weekend over the status of Greenland also aided sentiment and was likely to allay trade tensions between the countries. US-listed shares of companies exposed to Greenland rose. Critical Metals soared 35%, while Greenland Mines and Greenland Energy each more than doubled in value. The China-US summit on Thursday could touch upon topics including potentially extending the trade truce between the two superpowers, the Iran war, as well as regulation on AI advances. Scott Bessent and Chinese Vice Premier He Lifeng concluded talks on Sunday during which the US Treasury secretary proposed a new mechanism for AI safety notifications. Bitcoin, a key marker for risk appetite, rose 5.3% to hit a more than seven-month high, lifting Coinbase and Strategy 5% and 8%, respectively. Paramount Skydance gained 6.5% after a report said the company reached a settlement with California and other states suing to block its $110 billion merger with Warner Bros Discovery. Advancing issues outnumbered decliners by a 1.61-to-1 ratio on the NYSE and by a 1.78-to-1 ratio on the Nasdaq. The S&P 500 posted 4 new 52-week highs and 22 new lows, while the Nasdaq Composite recorded 30 new highs and 66 new lows. [...]

PSX: KSE-100 ends volatile trading session on a positive note
September 21, 2026 2:28
PSX: KSE-100 ends volatile trading session on a positive note

The Pakistan Stock Exchange (PSX) witnessed a volatile trading session, with the KSE-100 index moving within a relatively narrow range before settling with a gain of over 250 points on Monday. At open, the benchmark index initially climbed to an intraday high of 171,732.62, before coming under selling pressure and falling towards 170,900, marking the session’s low of 170,902.75. It subsequently recovered, with the index trading around 171,300–171,400 near midday before slipping again. The benchmark index staged another recovery in the afternoon, briefly moving back towards 171,400, but eased in the final stretch. At close, the KSE-100 settled at 171,153.16, up 268.58 points or 0.16%. “The bulls staged a modest comeback at the local bourse today, as easing international oil prices and signs of potential US-Iran de-escalation provided a much-needed breather to investor sentiment,” said Topline Securities in its post-market commentary. The cooling oil prices offered relief to investors, easing concerns over inflationary pressures, the external account and overall macro stability, said the brokerage house. “Meanwhile, ongoing diplomatic efforts to de-escalate tensions between the US and Iran further helped improve risk appetite.” On the index front, LUCK, ATRL, FFC, MARI, and EFERT remained the major contributors, collectively adding approximately 254 points to the KSE-100 Index, said Topline. Last week, the PSX saw pronounced volatility, with the benchmark index trading within a narrow range despite substantial swings in investor sentiment. Persistent geopolitical friction between the United States and Iran, renewed concerns over regional energy supplies, and a sharp rise in international and domestic oil prices kept investors cautious, limiting equity upside as the benchmark KSE-100 Index edged up only 372.73 points, or 0.22% week-on-week, to 170,884.59 points. Internationally, share markets edged higher in Asia on Monday as AI’s insatiable demand for data buoyed chipmakers, and oil eased on reports that more oil was finding its way ​out of the Middle East than previously thought, despite the ongoing conflict in the Gulf. Japan’s Nikkei was shut, but futures rose 0.5%, while South Korea’s tech-heavy index gained 1.5%. MSCI’s broadest index of Asia-Pacific shares ​outside Japan rose 0.8%, and Chinese blue chips gained 0.6%. S&P 500 futures firmed 0.4%, while Nasdaq futures added 0.6%. In Europe, EUROSTOXX 50 futures and DAX ​futures both rose 0.4%, while FTSE futures firmed 0.2%. Bond markets remained tense after a vicious selloff saw US 2-year yields jump 36 ⁠basis points in the past two weeks to heights not seen since mid-2024 at 4.7604%. Hawkish guidance from the Federal Reserve last week has futures wagering on a 56% chance ​it will hike rates again in October, with a move by year-end considered a done deal. Meanwhile, the Pakistani rupee extended its marginal gains against the US dollar, appreciating 0.01% in the interbank market on Monday. The local unit closed the day at 277.22, a gain of Re0.03 against the greenback. Volume on the all-share index increased to 692.88 million from 576.26 million recorded in the previous close. However, the value of shares declined to Rs20.10 billion from Rs22.41 billion in the previous session. Tasdeeq Information was the volume leader with 119.63 million shares, followed by F. Nat.Equities with 73.71 million shares, and Media Times Ltd with 70.05 million shares. Shares of 494 companies were traded on Monday, of which 238 registered an increase, 213 recorded a fall, and 43 remained unchanged. [...]

India's NSE IPO draws over $10 billion, traders eye modest listing pop
September 21, 2026 2:25
India's NSE IPO draws over $10 billion, traders eye modest listing pop

The National Stock Exchange of India’s IPO drew more than $10 billion by the final day of bidding on Monday, as investors look to tap into a boom in public listings in Asia’s third-largest economy. The $2.3 billion IPO, the country’s biggest after Hyundai Motor India’s $3.3 billion offering, received bids for 505.81 million shares, 5.71 times the 88.64 million shares on offer after three days of bidding, exchange data showed. NSE shares will likely begin trading on Thursday, marking the culmination of a decade-long effort by India’s biggest stock exchange operator to enter public markets. The IPO comes at a time when India’s primary market is picking up, with billionaire Mukesh Ambani’s Jio Platforms likely to list later this year in what could be the country’s biggest-ever stock offering. Qualified institutional buyers led demand at the NSE IPO, bidding for 12.68 times the number of shares set aside for them. Non-institutional and retail investor portions were subscribed 6.55 times and 1.39 times, respectively. NSE’s $2.3 billion IPO fully subscribed, spotlight shifts to Sept. 24 debut The strong institutional demand signals investors’ willingness to look past a recent slowdown in the derivatives segment and bet on long-term growth prospects for the Indian capital market, analysts said. India’s largest bourse has a 93% share in the cash market and nearly 75% in options. Investors on the exchange jumped 40% over two years to 129.09 million as of March end. However, regulatory tightening, taxation and a new closing auction have hit derivatives trading. “The decline in derivatives volume is a phenomenon that has been playing out since 2024…. From a long-term perspective, the volumes should still trend higher and NSE’s smaller businesses outside the derivatives segment should also be able to contribute materially to earnings,” said Vipul Bhowar, executive director and head of equities at Waterfield Advisors in Mumbai. Grey market hints at listing gains The premium for NSE shares in the grey market indicate gains of 2% to 5% on trading debut. The grey market is an unregulated market that allows investors to trade IPO shares before the official listing. NSE has set a price band of 1,700 rupees to 1,785 rupees apiece for its shares and is seeking a valuation of up to $46 billion, which is 15% to 20% lower than the valuation sought in pre-deal roadshows. “The lower-than-anticipated valuation limits the downside risk for NSE and if the stock falls below IPO price after listing, it should be seen as a buying opportunity,” Bhowar said. Peer BSE listed in 2017. Its shares have surged more than 30 times since their trading debut. [...]

Sri Lankan shares fall as real estate, industrials stocks weigh
September 21, 2026 1:43
Sri Lankan shares fall as real estate, industrials stocks weigh

Sri Lankan shares closed lower on Monday, hurt by losses in real estate and industrials stocks. The CSE All Share index settled down 0.37% at 20,979.18. The island nation’s consumer prices climbed 8.1% year-on-year in August, after rising 7.2% in July, its statistics department said on Monday. Pegasus Hotels of Ceylon PLC and Hunter & Company PLC were the top percentage losers on the CSE All Share index, tumbling 44.4% and 12.4%, respectively. Trading volume on the CSE All Share index rose to 48.7 million shares from 39.4 million in the previous session. The equity market’s turnover fell to 750.3 million Sri Lankan rupees ($2.27 million) from 1.34 billion rupees in the previous session, according to exchange data. Foreign investors were net buyers, purchasing stocks worth 38.7 million rupees, while domestic investors were net sellers, selling shares worth 730.8 million rupees, the data showed. [...]

Most Gulf bourses end lower on Middle East conflict despite diplomatic hopes
September 21, 2026 1:39
Most Gulf bourses end lower on Middle East conflict despite diplomatic hopes

Most Gulf stock markets closed lower on Monday as the escalating regional conflict outpaced cautious optimism over diplomatic progress at UN meetings this week. Energy markets remained on edge after fresh rhetorical threats exchanged between Washington and Tehran were compounded by weekend drone and missile attacks by Yemen’s Houthis targeting Riyadh and Saudi Aramco’s Yanbu energy hub. Traders took some heart from China’s intervention, urging Tehran to restrain Houthi attacks following a direct appeal from Riyadh. The move comes as diplomatic channels expand ahead of this week’s UN meetings to contain broader Middle East hostilities and protect critical energy infrastructure. Abu Dhabi’s index fell 1.6%, dragged down by a 4.6% slide in conglomerate International Holding Co , nearly reversing its gains before the session. IHC has confirmed a corporate restructuring, placing Fount Trust as the ultimate parent of Royal Group for long-term stewardship. The global conglomerate is chaired by UAE National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan. Dubai’s main share index inched 0.1% higher, helped by a 1.3% rise in top lender Emirates NBD . Saudi Arabia’s benchmark index declined 0.6%, hit by a 3.4% fall in ACWA Power Co and a 0.9% decrease in oil major Saudi Aramco. Qatar’s benchmark ended 0.1% higher. Qatar’s sovereign wealth fund (QIA) is launching a domestic investment division to offset financial strain, shifting focus inward as regional conflict and the closure of the Strait of Hormuz disrupt its vital LNG exports. Outside the Gulf, Egypt’s blue-chip index slipped 0.7%. Saudi Arabia dropped 0.6% to 10,682 Abu Dhabi lost 1.6% to 10,106 Dubai added 0.1% to 5,960 Qatar inched 0.1% higher to 9,559 Egypt declined 0.7% to 54,994 Bahrain was down 0.4% to 1,912 Oman fell 0.4% to 7,550 Kuwait finished flat at 9,183 [...]

Rupee registers gain against US dollar
September 21, 2026 1:36
Rupee registers gain against US dollar

if (!window._rawHtmlListenerAttached) { window._rawHtmlListenerAttached = true; window.addEventListener('message', function(event) { if (event.data && event.data.type === 'raw-html-resize' && event.data.id) { var iframe = document.getElementById(event.data.id); if (iframe) { var height = Math.min(Math.max(event.data.height, 50), 9200); iframe.style.height = height + 'px'; } } }); } The Pakistani rupee extended its marginal gains against the US dollar, appreciating 0.01% in the interbank market on Monday. The local unit closed the day at 277.22, a gain of Re0.03 against the greenback. During the previous week, the Pakistani rupee appreciated 0.03% to settle at 277.25 against the US dollar in the inter-bank market. Globally, currency markets focused on the yen on Monday following a sharp drop last week that spurred speculation ​of a rate check from Tokyo, while investors pondered interest-rate outlooks after a wave of hikes from major central banks last ‌week. The yen was a touch firmer at 156.64 per US dollar after dropping 2% last week. Japan markets were closed for a three-day holiday, leading to low liquidity while keeping traders on alert for an official intervention to prop up the volatile currency. The euro was little changed at $1.1482 after voting projections showed the far-right Alternative for Germany (AfD) took first place in state elections in northeastern Germany, in a blow to Chancellor Friedrich Merz’s conservative party. The dollar index, which tracks the US currency against six major peers, was steady at 100.23 after gaining more than 1% last week following the Fed’s ​rate hike, as the central bank signalled more increases could be coming. Traders are currently pricing in a ​55% chance of a ⁠rate hike at the Fed’s next meeting in October, up from 42.5% a week earlier, the CME FedWatch tool showed. Oil prices, a key indicator of currency parity, slid towards the psychological threshold of $100 a barrel and to their lowest in 11 days on Monday as investors hoped for diplomatic progress on the Iran war due to this week’s UN meeting, and eyed a partial recovery in shipments from Saudi Arabia. Brent crude futures and US West Texas Intermediate crude touched their lowest since September 10 earlier on Monday. The Brent contract for November was at $101.18 a barrel at 1254 GMT, down $2.69, or 2.6%. The WTI October contract that is expiring on Tuesday also fell $2.69, or 2.7%, to $97.61 a barrel. The November contract stood at $93.49. Inter-bank market rates for dollar on Monday BID Rs 277.22 OFFER Rs 277.42 Open-market movement In the open market, the PKR lost 4.00 paisa for buying and gained 3.00 paisa for selling against USD, closing at 278.23 and 279.07, respectively. Against Euro, the PKR gained 2.00 paisa for buying and lost 21.00 paisa for selling, closing at 318.85 and 321.93, respectively. Against UAE Dirham, the PKR lost 3.00 paisa for buying and 2.00 paisa for selling, closing at 75.68 and 76.27, respectively. Against Saudi Riyal, the PKR lost 4.00 paisa for buying and 5.00 paisa for selling, closing at 73.99 and 74.52, respectively. Open-market rates for dollar on Monday BID Rs 278.23 OFFER Rs 279.07 [...]

Copper rises as Chinese demand expectations add to speculative momentum
September 21, 2026 10:59
Copper rises as Chinese demand expectations add to speculative momentum

LONDON: Copper prices rose for a fifth consecutive session on Monday, edging closer to record highs as expectations of a seasonal pickup in demand in the world’s biggest consumer China sustained speculative buying. Benchmark three-month copper on the London Metal Exchange was up 0.9% at $14,654 a metric ton by 0957 GMT, after touching $14,710.5, its highest level since September 10, when it hit a peak of $14,875. Renewed speculative demand has pushed copper higher after funds cut their net long positions in Comex copper futures in a week to September 15 as the White House has yet to decide on refined copper tariffs, said Ole Hansen, head of commodity strategy at Saxo Bank. The premium of US copper futures over LME prices widened but remained insufficient to encourage new physical shipments to COMEX copper stocks, which store 69% of 1-million-ton exchange-monitored copper inventories. Expectations for inventory replenishment in China ahead of the country’s holidays on September 25 and from October 1 to 7 provided support for copper prices, while traders await this week’s meeting between US President Donald Trump and Chinese leader Xi Jinping. The Yangshan copper, a gauge of Chinese demand for imported copper, finished last week at $124 a ton, its highest in nearly four years, although it eased to $119 on Monday. Available copper stocks in LME-registered warehouses fell to 133,725 tons, daily LME data showed, after 9,600 tons of fresh cancellations in Asia. This helped to widen the premium of the LME cash copper contract over the benchmark to $26 a ton from a discount of $86 on September 14. Among LME metals, aluminium and zinc fell 0.1% to $3,286 and $3,917, respectively. Lead rose 0.3% to $1,927 after hitting its three-month high of $1,929.5, tin gained 0.3% to $53,610 and nickel added 0.5% to $16,270. [...]

Palm extends losses on weak crude, firm ringgit, sluggish exports
September 21, 2026 10:56
Palm extends losses on weak crude, firm ringgit, sluggish exports

KUALA LUMPUR: Malaysian palm oil futures extended losses for a second straight session on Monday, as a firmer ringgit, softer crude oil prices and sluggish exports dampened sentiment. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange fell 41 ringgit, or 0.84%, to 4,857 ringgit ($1,191.90) a metric ton at the close. The contract fell 0.77% in the previous session. The market was pressured by lower oil prices and a stronger ringgit, while Friday’s decline in open interest also reflected subdued market participation, a Kuala Lumpur-based trader said. Oil prices slid to their lowest in 11 days as investors hoped for diplomatic progress on the Iran war and eyed a partial recovery in shipments from Saudi Arabia. Weaker crude makes palm a less-attractive option for biodiesel feedstock. Cargo surveyors estimated that exports of Malaysian palm oil products for September 1 to 20 fell between 12.8% and 24.7% from a month earlier. Dalian’s most-active soyoil contract fell 0.11%, while its palm oil contract shed 0.92%. Soyoil prices on the Chicago Board of Trade were down 0.45%. Palm oil tracks the price movements of rival edible oils, as it competes for a share of the global vegetable oils market. The ringgit, palm’s currency of trade, strengthened 0.02% against the dollar, making the commodity slightly expensive for buyers holding foreign currencies. [...]

Indian rupee ends marginally higher in subdued trade, forward premiums ease
September 21, 2026 10:52
Indian rupee ends marginally higher in subdued trade, forward premiums ease

MUMBAI: The Indian rupee ended marginally stronger on Monday after hovering in a narrow band, supported by lower oil prices and portfolio inflows, while sustained importer hedging demand kept its gains in check. The Indian rupee closed at 95.8150 per dollar, up slightly from its close at 95.8725 in the previous session. Asian currencies were mostly range-bound, while regional equities advanced after oil prices fell 2%, as investors hoped for diplomatic progress on the Iran war due to this week’s UN meeting, and eyed a partial recovery in shipments from Saudi Arabia. Inflows related to the National Stock Exchange of India’s IPO also helped the rupee while dollar bids from importers, including local oil refiners, kept a lid on the size of its gains, traders said. Meanwhile, dollar-rupee forward premiums eased, with the August 2027 month-end premium down 6 paisa at 2.94 rupees, reflecting the trimming of previously paid positions, as traders assessed whether India will join the global trend of higher benchmark rates as global central banks grapple with inflation. While the market is pricing in rate hikes by the Reserve Bank of India in the near term, forward premiums would decline sharply if that does not materialise, prompting some participants to trim stale positions, a trader at a state-run bank said. After the U.S. Federal Reserve raised rates last week, analysts at ING reckon that “the scope to keep pricing a more hawkish Fed after the September FOMC remains a key argument for further US dollar gains.” “We now expect both the European Central Bank and the Fed to hike rates in December,” ING said. Traders are currently pricing in a 55% chance of a rate hike at the Fed’s next meeting in October, up from 42.5% a week earlier, the CME FedWatch tool showed. [...]

India soyoil imports to rise to record high on price competitiveness
September 21, 2026 10:50
India soyoil imports to rise to record high on price competitiveness

MUMBAI: India’s soyoil imports are likely to surge to a record high in the 2025/26 marketing year as rallies in rival palm and sunflower oils make soyoil more competitive for price-sensitive Indian buyers, industry officials told Reuters. Higher soyoil imports would offset a decline in sunflower oil shipments due to the Russia-Ukraine war and limit purchases of palm oil, which typically accounts for the bulk of India’s edible oil imports, they said. Soyoil imports are likely to rise 4.2% from last year’s record purchases to 5.7 million metric tons in the current marketing year ending October 31, said Aashish Acharya, vice president at Patanjali Foods Ltd. “Soyoil was competitively priced compared with rival sunflower oil and palm oil supplies throughout the year,” Acharya, whose company is a leading importer of edible oils, told Reuters. Palm oil imports are likely to recover from last year’s five-year low, rising 5.5% to 8 million tons, while sunflower oil imports are expected to decline 3% to 2.85 million tons, he said. Higher incomes boosting edible oil demand India meets nearly two-thirds of its vegetable oil demand through imports, mainly palm oil, soyoil and sunflower oil from Malaysia, Indonesia, Argentina, Russia and Ukraine. Indonesia’s rising biodiesel consumption has trimmed palm oil supplies and lifted prices, while soyoil supplies were abundant and prices were lucrative in comparison, said B.V. Mehta, executive director of the Solvent Extractors’ Association of India. Higher soyoil imports will lift India’s total edible oil imports in 2025/26 by 3.6% to a record 16.55 million tons, Mehta said. “Rising per capita income is boosting edible oil demand, while domestic production remains stagnant. This is leading to higher imports,” Mehta said. Palm oil’s share in India’s total edible oil imports is set to fall below 50% for the second straight year in 2025/26, dealers with global trade houses said. [...]

Indian shares advance on bargain buying after recent slide
September 21, 2026 10:47
Indian shares advance on bargain buying after recent slide

Indian shares edged higher on Monday, aided by bargain-buying following recent losses, while elevated crude prices and heightened primary market activity limited the gains. India’s Nifty 50 rose 0.29% to 23,414.30 and the BSE Sensex added 0.76% to 74,858.99. They were up 0.35% and 0.81% ahead of the closing auction. Nifty and Sensex have fallen for six straight weeks, their longest losing streak in six years. US President Donald Trump warned Tehran of economic collapse or leadership change unless it reaches a deal, while Iran’s military vowed a harsh response to any new attack. Still, oil prices fell to their lowest in 11 days as investors bet this week’s UN meeting could yield diplomatic progress, while a partial recovery in Saudi shipments offset supply concerns from continued Houthi attacks. “Lower crude prices, Moody’s revised domestic growth forecast and the recent market slide are drawing buyers into heavyweight stocks, boosting benchmarks,” said Aishvarya Dadheech, founder and chief investment officer at Fident Asset Management. “However, lingering Middle East uncertainty and tighter global monetary policy will ensure that caution prevails in the near term,” said Dadheech. The National Stock Exchange of India’s $2.3 billion IPO closes later on Monday after being fully subscribed on Friday. Twelve of the 16 major sectors advanced. The broader small-caps and mid-caps fell 0.1% and 0.3%. HDFC Bank and ICICI Bank rose about 1.2% and 0.5%, while Reliance Industries added 1.7%. All three carry large weights on the benchmarks. Among stocks, Welspun Corp gained 3.9% after its unit, East Pipes Integrated Company, won an order from Saudi Aramco worth about $209 million. Logistics firm Leap India rose 3.9% after UBS started coverage with “buy,” terming it a play on modernization of the country’s supply chain. Indian Hotels rose 1.7% after Morgan Stanley upgraded the shares to “overweight” from “equal-weight”, citing a resilient earnings outlook. [...]

Gold price drops by Rs2,700 per tola in Pakistan
September 21, 2026 10:00
Gold price drops by Rs2,700 per tola in Pakistan

Gold prices in Pakistan decreased on Monday in line with their loss in the international market. In the local market, gold price per tola reached Rs457,536 after a decline of Rs2,700 during the day. Similarly, 10-gram gold was sold at Rs392,263 after it fell by Rs2,315, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Saturday, gold price per tola reached Rs460,236 after a decline of Rs100 during the day. The international rate of gold declined by $27 to reach $4,350 per ounce. Meanwhile, the price of silver remained the same at Rs7,100 per tola. [...]

Europe's STOXX 600 gains as tech rallies, oil retreat eases nerves
September 21, 2026 7:48
Europe's STOXX 600 gains as tech rallies, oil retreat eases nerves

European shares climbed on Monday, led by technology stocks, while a fourth consecutive session of declines in oil prices soothed nerves and boosted risk sentiment. The pan-European STOXX 600 was up 0.56% at 638.98 points by 0710 GMT, after dipping 0.6% last week. Most regional bourses also traded higher. Energy stocks slipped 0.62% as oil eased following reports that more supply was leaving the Gulf than previously expected, despite the ongoing conflict in the Middle East. On the other hand, travel stocks rose 0.86% as lower oil prices lifted airline shares, while technology stocks led sectoral gains, advancing roughly 2% on strength in chip-linked stocks including Soitec and Aixtron. Germany’s DAX rose 0.76%, with investors also digesting the results of state elections in northeastern Germany, where projections showed the far-right Alternative for Germany (AfD) emerging as the largest party. Market participants were also assessing data from Sweden showing that long-term inflation expectations among financial and business groups eased in September. Attention is now turning to a meeting later this week between US President Donald Trump and Chinese counterpart Xi Jinping for clues on trade relations and the global economic outlook. Among individual stocks, AstraZeneca slipped 0.32%, despite the drugmaker saying its cancer treatment Enhertu had been recommended for EU approval for use in early breast cancer. Sweden’s Nordnet gained 4.6% after the digital bank and online brokerage platform announced a buyback programme. Shares of biotech firm Ipsen fell more than 6%. [...]

SocGen hikes profitability target in new strategic plan
September 21, 2026 6:40
SocGen hikes profitability target in new strategic plan

LONDON: Societe Generale lifted a key performance target out to 2029 and said it would trim costs further under a new strategic plan unveiled on Monday that forms the next phase of CEO Slawomir Krupa’s effort to drive a turnaround of the French lender. France’s second-biggest listed bank said it was targeting a return on tangible equity of between 13% and 14% in 2029, up from around 11% this year, which is far below peers, and then 15% in 2030 and beyond. SocGen’s relatively high costs and weak profitability have dogged the company for years, with Krupa vowing to change that after he took the helm in 2023 and launched an initial three-year plan that has started to bear fruit following a difficult start. SocGen said on Monday it would reduce overall costs to below 16.3 billion euros by 2029, a drop of 2% versus 2026 levels, by spending less on procurement and IT, through AI-related productivity gains and from a reduction in the number of staff through natural attrition. The bank is aiming for a cost-to-income ratio of below 55% by 2029, against a current target of 60%. Revenues across the bank are forecast to rise by an annual average of around 3%. SocGen profit jumps 11pc as CEO steps up cost-cutting drive SocGen has seen its performance rebound in the past two years, reporting rising profits thanks to higher interest rates that have boosted bank coffers across Europe and a cost-cutting programme. Krupa will be hoping this new strategic plan is received more favourably after his last one in September 2023 landed badly, with shares falling sharply in reaction. “Today, we are entering a new phase. Our ambition is clear: to accelerate our profitable growth and maintain rigorous risk and cost discipline,” he said in a statement. Shares in SocGen have nearly tripled since early 2025, outpacing the STOXX Europe 600 banks index, as investors welcomed his focus on costs and capital. But the bank is still worth less than half French rival BNP Paribas, and faces the tougher task of proving it can generate sustained growth when digital lenders are expanding in its core French retail market and US banks continue to gain ground in investment banking. Performance at SocGen’s investment bank, its largest division, has disappointed in recent quarters. SocGen also said on Monday its payout policy to shareholders via dividends and buybacks would remain unchanged. If it hits its targets, it could distribute 21 billion euros ($24.11 billion) over a four-year period to 2029. [...]

Bangladesh raises fuel prices by up to 17% amid global oil price surge
September 21, 2026 6:33
Bangladesh raises fuel prices by up to 17% amid global oil price surge

DHAKA: Bangladesh has raised fuel prices by up to 17.4%, piling fresh pressure on consumers and businesses already struggling with power and gas shortages, as the government moved to stem mounting losses from surging global oil prices and higher shipping costs linked to the Middle East conflict. The new rates, effective from Monday, are expected to raise transportation and production costs across the import-dependent economy, adding to inflationary pressures at a time when industries, including the country’s key garment export sector, are already grappling with an acute energy crunch. The Energy Ministry said international fuel prices had more than doubled since March 2026, while freight charges had risen significantly because of regional instability. Under the new rates, diesel prices rose 17.4% to 135 taka per litre from 115 taka. Prices of octane gasoline increased to 165 taka per litre from 145 taka, petrol rose to 160 taka from 140 taka, while kerosene increased to 155 taka from 135 taka. Fuel price may reach Rs1,000 per litre if shortage occurs: petroleum minister The latest increase follows fuel price hikes in April and June, when the government also raised prices to help offset rising import costs driven by higher global oil prices. The ministry said state-owned Bangladesh Petroleum Corporation incurred losses of 228.76 billion taka ($1.9 billion) between March and August and that the latest price hike could cut annual losses by about 100 billion taka, while conserving foreign exchange reserves and curbing fuel smuggling to neighbouring countries where prices are higher. The ministry also cited substantial subsidies for liquefied natural gas, saying the government had continued to support electricity and gas supplies despite higher import costs stemming from the regional energy crisis. [...]

Govt cuts diesel price by Rs1.96, raises petrol by Rs4.61 per litre
September 21, 2026 6:50
Govt cuts diesel price by Rs1.96, raises petrol by Rs4.61 per litre

The government has reduced the ex-depot price of high-speed diesel (HSD) by Rs1.96 per litre to Rs422.08 per litre, and increased the petrol price by Rs4.61 to Rs393.75 per litre, effective September 22, 2026. According to a press release issued by the Petroleum Division on Monday, the Oil and Gas Regulatory Authority (OGRA) revised the prices under the petroleum pricing mechanism issued by the federal government. The ex-depot price of HSD was previously Rs424.04 per litre, while petrol was priced at Rs389.14 per litre. The Petroleum Division said the price changes were necessitated by global developments, including changes in Platts rates, premiums and incidentals. The revised prices will remain effective till Tuesday, September 22, 2026. In the previous review, the government had reduced the price of petrol by Rs1.65 per litre to Rs389.14 and high-speed diesel by Re0.88 to Rs424.04. Earlier in the day, oil prices eased to their lowest level in 12 days, as investors eyed a partial recovery in shipments from Saudi Arabia and hoped for diplomatic progress on the Iran war due to this week’s UN meeting. During the session, Brent crude futures and US West Texas Intermediate crude dipped below $100 a barrel to their lowest since September 9. The Brent contract for November was at $100.39 a barrel at 11:02 a.m. ET (1502 GMT), down $3.48, or 3.35%. The WTI October contract that is expiring on Tuesday fell $4.64, or 4.63%, to $95.66 a barrel. The November contract stood at $92.34. [...]

Five things to know about Engro's soon-to-be CEO Junaid Iqbal
September 21, 2026 3:52
Five things to know about Engro's soon-to-be CEO Junaid Iqbal

Junaid Iqbal, a prominent figure in the tech and finance sectors, has a diverse career spanning media, investment banking, financial markets, technology, startups and leading major digital platforms. Known for his strategic vision and entrepreneurial spirit, he has significantly impacted the businesses he’s led. After leading Careem’s Pakistan operations and later serving as managing director and global head of Careem Pay, Iqbal is set to take over as president and CEO of Engro Corporation in April 2027. Here are five things to know about the Pakistani executive. 1.  A driving force at Careem Junaid Iqbal played a pivotal role at Careem, first as the managing director for Pakistan, where he was credited for building the company’s presence in the country. He then extended his leadership for the company to the Saudi Arabian market before becoming the managing director and global head of Careem Pay. During his tenure, Careem grew significantly, eventually being acquired by Uber for $3.1 billion in a transaction completed in 2020. 2.  Post-Careem entrepreneurial ventures After his time at Careem, Iqbal embarked on new entrepreneurial journeys, both based in Dubai. He founded Salt Ventures, an investment firm focusing on diverse tech startups ranging from fintech and construction tech to women’s health and retail automation. Additionally, he established Caravan Media, a knowledge-focused media business grounded in technology, business, and economy. Its first product, “Pakistan & Counting,” creates videos exploring Pakistan’s economic potential, with plans for more geographically and functionally focused content. 3.  Early career in media and high-impact finance Iqbal’s career began in media, where he hosted “Power Lunch” on CNBC Pakistan. He transitioned into the financial sector, serving as CEO of BMA Financial Services Limited. Later, at Elixir Securities, he relaunched the Corporate Finance division and executed privatisation transactions exceeding USD 1.5 billion. Notably, he oversaw the Pakistani government’s sale of a 40% stake in HBL Bank for USD 1.02 billion, marking it as the largest equity capital markets transaction in Asian Frontier Markets history. 4. Iqbal decided to skip his MBA In an interview last year on Aaj TV, Iqbal said his friends asked him: “What do they teach in an MBA? Networking and case studies. And what are you doing at CNBC? Every time a CEO comes to your show, you analyze all their financials, you’re actually going head to head with them and they’re respecting you for it, that you come so prepared.” “Why on earth would you go spend two years of your life and pay a few hundred thousand dollars?” According to his LinkedIn profile, Junaid Iqbal earned a Bachelor of Arts in Economics from the University of Michigan, Ann Arbor (1998–2002), and completed an Executive Education Program in Leadership in Financial Organizations at Harvard Business School in 2013. 5.  Championing Dubai as a global hub Iqbal has strategically based his recent ventures, Salt Ventures and Caravan Media, in Dubai, citing the immense opportunities within the GCC region. He views Dubai and Riyadh as instrumental in fostering seamless collaboration between global talent and capital, positioning the Middle East, North Africa, and Pakistan (MENAP) as an “interesting and exciting region” that is rapidly becoming a centre for innovation. Iqbal’s career trajectory underscores a consistent drive for impact, whether leading a ride-hailing giant, fostering new tech ventures, or preparing to head one of Pakistan’s major corporations. His journey reflects a keen understanding of market dynamics and a commitment to leveraging technology for regional growth. [...]

AI stocks lift Wall St as oil falls, Treasury yields decline
September 21, 2026 3:29
AI stocks lift Wall St as oil falls, Treasury yields decline

Wall Street’s main indexes rose on Monday, powered by AI gains as Treasury yields eased and crude prices tumbled more than 3% to hit an 11-day low on hope of progress in Middle East negotiations during the UN meeting this week. Doomsday warnings from the leaders of AI giants a week ago had led to a selloff, but the mood seemed lighter as investors focused on signs that spending on developing the technology was still expanding. Chip companies such as Intel rose 9%. Advanced Micro Devices surged 8.5% to become the latest chipmaker to reach $1 trillion in market valuation and Micron also gained 3%. Meta soared 6.2% to a more than seven-month high after brokerage Wells Fargo hiked its price target on the stock, while Accenture gained 3.5% after partnering with Anthropic to invest $2 billion in AI evaluation. “The excitement in the build-out and adoption of AI has really driven a lot of the growth in corporate profits and a lot of the gains in the stock market over the past few years,” said Chris Zaccarelli, chief investment officer for Northlight Asset Management. “Is there going to be a trade-off between safety and productivity benefits? That argument is going to continue for many months to come, if not many years.” While Washington and Tehran continued to exchange new threats through the weekend, US President Donald Trump said he would be open to meeting Iranian President Masoud Pezeshkian, who is expected at the UN General Assembly in New York this week. A fall in oil prices eased the pressure on equities as the 10-year US bond yield slipped below the critical 5% mark. Still, investors were wary of the interest-rate outlook after a recent pickup in inflation prompted the US Federal Reserve to raise rates for the first time in three years. Markets see a 50% chance of another hike next month, CME’s FedWatch showed. Commentary from at least 10 central bank policymakers is due this week. Chicago Fed President Austan Goolsbee said there was “no ambiguity” about the need for higher interest rates, with inflation pressures now moving beyond tariffs and energy prices to strong demand. At 10:24 a.m. ET, the Dow Jones Industrial Average rose 241.25 points, or 0.47%, to 51,923.89, the S&P 500 gained 70.38 points, or 0.92%, to 7,720.88, and the Nasdaq Composite added 393.21 points, or 1.48%, to 26,915.76. Seven of the 11 S&P 500 sectors were trading higher. Communication services was in the lead with a 2.3% rise, while energy led declines. A diplomatic breakthrough between the United States and Denmark over the weekend over the status of Greenland also aided sentiment and was likely to allay trade tensions between the countries. US-listed shares of companies exposed to Greenland rose. Critical Metals soared 35%, while Greenland Mines and Greenland Energy each more than doubled in value. The China-US summit on Thursday could touch upon topics including potentially extending the trade truce between the two superpowers, the Iran war, as well as regulation on AI advances. Scott Bessent and Chinese Vice Premier He Lifeng concluded talks on Sunday during which the US Treasury secretary proposed a new mechanism for AI safety notifications. Bitcoin, a key marker for risk appetite, rose 5.3% to hit a more than seven-month high, lifting Coinbase and Strategy 5% and 8%, respectively. Paramount Skydance gained 6.5% after a report said the company reached a settlement with California and other states suing to block its $110 billion merger with Warner Bros Discovery. Advancing issues outnumbered decliners by a 1.61-to-1 ratio on the NYSE and by a 1.78-to-1 ratio on the Nasdaq. The S&P 500 posted 4 new 52-week highs and 22 new lows, while the Nasdaq Composite recorded 30 new highs and 66 new lows. [...]

PSX: KSE-100 ends volatile trading session on a positive note
September 21, 2026 2:28
PSX: KSE-100 ends volatile trading session on a positive note

The Pakistan Stock Exchange (PSX) witnessed a volatile trading session, with the KSE-100 index moving within a relatively narrow range before settling with a gain of over 250 points on Monday. At open, the benchmark index initially climbed to an intraday high of 171,732.62, before coming under selling pressure and falling towards 170,900, marking the session’s low of 170,902.75. It subsequently recovered, with the index trading around 171,300–171,400 near midday before slipping again. The benchmark index staged another recovery in the afternoon, briefly moving back towards 171,400, but eased in the final stretch. At close, the KSE-100 settled at 171,153.16, up 268.58 points or 0.16%. “The bulls staged a modest comeback at the local bourse today, as easing international oil prices and signs of potential US-Iran de-escalation provided a much-needed breather to investor sentiment,” said Topline Securities in its post-market commentary. The cooling oil prices offered relief to investors, easing concerns over inflationary pressures, the external account and overall macro stability, said the brokerage house. “Meanwhile, ongoing diplomatic efforts to de-escalate tensions between the US and Iran further helped improve risk appetite.” On the index front, LUCK, ATRL, FFC, MARI, and EFERT remained the major contributors, collectively adding approximately 254 points to the KSE-100 Index, said Topline. Last week, the PSX saw pronounced volatility, with the benchmark index trading within a narrow range despite substantial swings in investor sentiment. Persistent geopolitical friction between the United States and Iran, renewed concerns over regional energy supplies, and a sharp rise in international and domestic oil prices kept investors cautious, limiting equity upside as the benchmark KSE-100 Index edged up only 372.73 points, or 0.22% week-on-week, to 170,884.59 points. Internationally, share markets edged higher in Asia on Monday as AI’s insatiable demand for data buoyed chipmakers, and oil eased on reports that more oil was finding its way ​out of the Middle East than previously thought, despite the ongoing conflict in the Gulf. Japan’s Nikkei was shut, but futures rose 0.5%, while South Korea’s tech-heavy index gained 1.5%. MSCI’s broadest index of Asia-Pacific shares ​outside Japan rose 0.8%, and Chinese blue chips gained 0.6%. S&P 500 futures firmed 0.4%, while Nasdaq futures added 0.6%. In Europe, EUROSTOXX 50 futures and DAX ​futures both rose 0.4%, while FTSE futures firmed 0.2%. Bond markets remained tense after a vicious selloff saw US 2-year yields jump 36 ⁠basis points in the past two weeks to heights not seen since mid-2024 at 4.7604%. Hawkish guidance from the Federal Reserve last week has futures wagering on a 56% chance ​it will hike rates again in October, with a move by year-end considered a done deal. Meanwhile, the Pakistani rupee extended its marginal gains against the US dollar, appreciating 0.01% in the interbank market on Monday. The local unit closed the day at 277.22, a gain of Re0.03 against the greenback. Volume on the all-share index increased to 692.88 million from 576.26 million recorded in the previous close. However, the value of shares declined to Rs20.10 billion from Rs22.41 billion in the previous session. Tasdeeq Information was the volume leader with 119.63 million shares, followed by F. Nat.Equities with 73.71 million shares, and Media Times Ltd with 70.05 million shares. Shares of 494 companies were traded on Monday, of which 238 registered an increase, 213 recorded a fall, and 43 remained unchanged. [...]

India's NSE IPO draws over $10 billion, traders eye modest listing pop
September 21, 2026 2:25
India's NSE IPO draws over $10 billion, traders eye modest listing pop

The National Stock Exchange of India’s IPO drew more than $10 billion by the final day of bidding on Monday, as investors look to tap into a boom in public listings in Asia’s third-largest economy. The $2.3 billion IPO, the country’s biggest after Hyundai Motor India’s $3.3 billion offering, received bids for 505.81 million shares, 5.71 times the 88.64 million shares on offer after three days of bidding, exchange data showed. NSE shares will likely begin trading on Thursday, marking the culmination of a decade-long effort by India’s biggest stock exchange operator to enter public markets. The IPO comes at a time when India’s primary market is picking up, with billionaire Mukesh Ambani’s Jio Platforms likely to list later this year in what could be the country’s biggest-ever stock offering. Qualified institutional buyers led demand at the NSE IPO, bidding for 12.68 times the number of shares set aside for them. Non-institutional and retail investor portions were subscribed 6.55 times and 1.39 times, respectively. NSE’s $2.3 billion IPO fully subscribed, spotlight shifts to Sept. 24 debut The strong institutional demand signals investors’ willingness to look past a recent slowdown in the derivatives segment and bet on long-term growth prospects for the Indian capital market, analysts said. India’s largest bourse has a 93% share in the cash market and nearly 75% in options. Investors on the exchange jumped 40% over two years to 129.09 million as of March end. However, regulatory tightening, taxation and a new closing auction have hit derivatives trading. “The decline in derivatives volume is a phenomenon that has been playing out since 2024…. From a long-term perspective, the volumes should still trend higher and NSE’s smaller businesses outside the derivatives segment should also be able to contribute materially to earnings,” said Vipul Bhowar, executive director and head of equities at Waterfield Advisors in Mumbai. Grey market hints at listing gains The premium for NSE shares in the grey market indicate gains of 2% to 5% on trading debut. The grey market is an unregulated market that allows investors to trade IPO shares before the official listing. NSE has set a price band of 1,700 rupees to 1,785 rupees apiece for its shares and is seeking a valuation of up to $46 billion, which is 15% to 20% lower than the valuation sought in pre-deal roadshows. “The lower-than-anticipated valuation limits the downside risk for NSE and if the stock falls below IPO price after listing, it should be seen as a buying opportunity,” Bhowar said. Peer BSE listed in 2017. Its shares have surged more than 30 times since their trading debut. [...]

IESCO privatisation draws 10 investor groups
September 21, 2026 2:01
IESCO privatisation draws 10 investor groups

The Privatisation Commission (PC) on Monday received 10 Expressions of Interest (EOIs) from domestic and international investors for the acquisition of 51% to 100% shareholding in Islamabad Electric Supply Company (IESCO), along with management control. The EOIs were submitted on the closing date of the process for privatisation of IESCO, one of three distribution companies included in the first batch of DISCO privatisation, the Ministry of Privatization said in a statement. The interested parties include three Turkish companies – Aktor Elektrik Enerji Yatırımları San. ve Tic. A.Ş., Genvera Enerji A.Ş. and Cengiz Enerji Sanayii ve Ticaret A.Ş. – along with Engro Energy Limited, Sapphire Fibers Limited, Novatex Limited and Bestway Cement Limited. Four consortiums also submitted EOIs: Artistic Milliners (Private) Limited Consortium; Hub Power Holding Limited Consortium; Hasnaat Brothers Construction Co. (Pvt) Limited Consortium; and a consortium comprising The Lake City Holdings, Fatima Capital Limited, Din Ventures and Fazal Cloth Mills. Privatisation Adviser to the Prime Minister and Privatisation Commission Chairman Muhammad Ali said the strong response reflected investor confidence in Pakistan’s electricity distribution sector and the government’s commitment to a transparent and competitive process. “The Commission now looks forward to engaging constructively with the prequalified investors through the due-diligence process and to seek alignment on an equitable, transparent and predictable post-privatisation regime,” he said. The EOIs and Statements of Qualification submitted by the interested parties will now undergo evaluation against the approved prequalification criteria. Applicants meeting the requirements will be prequalified and invited to the next stage, including access to the Virtual Data Room for detailed due diligence. IESCO is part of DISCOs Batch-I, along with Faisalabad Electric Supply Company (FESCO) and Gujranwala Electric Power Company (GEPCO). The commission said 10 parties had already been prequalified for FESCO, while 11 EOIs received for GEPCO are currently under evaluation. The government aims to improve operational efficiency, modernise distribution infrastructure, strengthen customer service and reduce losses through the privatisation process. [...]

Sri Lankan shares fall as real estate, industrials stocks weigh
September 21, 2026 1:43
Sri Lankan shares fall as real estate, industrials stocks weigh

Sri Lankan shares closed lower on Monday, hurt by losses in real estate and industrials stocks. The CSE All Share index settled down 0.37% at 20,979.18. The island nation’s consumer prices climbed 8.1% year-on-year in August, after rising 7.2% in July, its statistics department said on Monday. Pegasus Hotels of Ceylon PLC and Hunter & Company PLC were the top percentage losers on the CSE All Share index, tumbling 44.4% and 12.4%, respectively. Trading volume on the CSE All Share index rose to 48.7 million shares from 39.4 million in the previous session. The equity market’s turnover fell to 750.3 million Sri Lankan rupees ($2.27 million) from 1.34 billion rupees in the previous session, according to exchange data. Foreign investors were net buyers, purchasing stocks worth 38.7 million rupees, while domestic investors were net sellers, selling shares worth 730.8 million rupees, the data showed. [...]

Most Gulf bourses end lower on Middle East conflict despite diplomatic hopes
September 21, 2026 1:39
Most Gulf bourses end lower on Middle East conflict despite diplomatic hopes

Most Gulf stock markets closed lower on Monday as the escalating regional conflict outpaced cautious optimism over diplomatic progress at UN meetings this week. Energy markets remained on edge after fresh rhetorical threats exchanged between Washington and Tehran were compounded by weekend drone and missile attacks by Yemen’s Houthis targeting Riyadh and Saudi Aramco’s Yanbu energy hub. Traders took some heart from China’s intervention, urging Tehran to restrain Houthi attacks following a direct appeal from Riyadh. The move comes as diplomatic channels expand ahead of this week’s UN meetings to contain broader Middle East hostilities and protect critical energy infrastructure. Abu Dhabi’s index fell 1.6%, dragged down by a 4.6% slide in conglomerate International Holding Co , nearly reversing its gains before the session. IHC has confirmed a corporate restructuring, placing Fount Trust as the ultimate parent of Royal Group for long-term stewardship. The global conglomerate is chaired by UAE National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan. Dubai’s main share index inched 0.1% higher, helped by a 1.3% rise in top lender Emirates NBD . Saudi Arabia’s benchmark index declined 0.6%, hit by a 3.4% fall in ACWA Power Co and a 0.9% decrease in oil major Saudi Aramco. Qatar’s benchmark ended 0.1% higher. Qatar’s sovereign wealth fund (QIA) is launching a domestic investment division to offset financial strain, shifting focus inward as regional conflict and the closure of the Strait of Hormuz disrupt its vital LNG exports. Outside the Gulf, Egypt’s blue-chip index slipped 0.7%. Saudi Arabia dropped 0.6% to 10,682 Abu Dhabi lost 1.6% to 10,106 Dubai added 0.1% to 5,960 Qatar inched 0.1% higher to 9,559 Egypt declined 0.7% to 54,994 Bahrain was down 0.4% to 1,912 Oman fell 0.4% to 7,550 Kuwait finished flat at 9,183 [...]

Rupee registers gain against US dollar
September 21, 2026 1:36
Rupee registers gain against US dollar

if (!window._rawHtmlListenerAttached) { window._rawHtmlListenerAttached = true; window.addEventListener('message', function(event) { if (event.data && event.data.type === 'raw-html-resize' && event.data.id) { var iframe = document.getElementById(event.data.id); if (iframe) { var height = Math.min(Math.max(event.data.height, 50), 9200); iframe.style.height = height + 'px'; } } }); } The Pakistani rupee extended its marginal gains against the US dollar, appreciating 0.01% in the interbank market on Monday. The local unit closed the day at 277.22, a gain of Re0.03 against the greenback. During the previous week, the Pakistani rupee appreciated 0.03% to settle at 277.25 against the US dollar in the inter-bank market. Globally, currency markets focused on the yen on Monday following a sharp drop last week that spurred speculation ​of a rate check from Tokyo, while investors pondered interest-rate outlooks after a wave of hikes from major central banks last ‌week. The yen was a touch firmer at 156.64 per US dollar after dropping 2% last week. Japan markets were closed for a three-day holiday, leading to low liquidity while keeping traders on alert for an official intervention to prop up the volatile currency. The euro was little changed at $1.1482 after voting projections showed the far-right Alternative for Germany (AfD) took first place in state elections in northeastern Germany, in a blow to Chancellor Friedrich Merz’s conservative party. The dollar index, which tracks the US currency against six major peers, was steady at 100.23 after gaining more than 1% last week following the Fed’s ​rate hike, as the central bank signalled more increases could be coming. Traders are currently pricing in a ​55% chance of a ⁠rate hike at the Fed’s next meeting in October, up from 42.5% a week earlier, the CME FedWatch tool showed. Oil prices, a key indicator of currency parity, slid towards the psychological threshold of $100 a barrel and to their lowest in 11 days on Monday as investors hoped for diplomatic progress on the Iran war due to this week’s UN meeting, and eyed a partial recovery in shipments from Saudi Arabia. Brent crude futures and US West Texas Intermediate crude touched their lowest since September 10 earlier on Monday. The Brent contract for November was at $101.18 a barrel at 1254 GMT, down $2.69, or 2.6%. The WTI October contract that is expiring on Tuesday also fell $2.69, or 2.7%, to $97.61 a barrel. The November contract stood at $93.49. Inter-bank market rates for dollar on Monday BID Rs 277.22 OFFER Rs 277.42 Open-market movement In the open market, the PKR lost 4.00 paisa for buying and gained 3.00 paisa for selling against USD, closing at 278.23 and 279.07, respectively. Against Euro, the PKR gained 2.00 paisa for buying and lost 21.00 paisa for selling, closing at 318.85 and 321.93, respectively. Against UAE Dirham, the PKR lost 3.00 paisa for buying and 2.00 paisa for selling, closing at 75.68 and 76.27, respectively. Against Saudi Riyal, the PKR lost 4.00 paisa for buying and 5.00 paisa for selling, closing at 73.99 and 74.52, respectively. Open-market rates for dollar on Monday BID Rs 278.23 OFFER Rs 279.07 [...]

Nearly 40% of India's coal power plants running critically low on fuel, data show
September 21, 2026 1:07
Nearly 40% of India's coal power plants running critically low on fuel, data show

NEW DELHI: Nearly 40% of India’s coal-fired power plants are operating with critically low fuel stocks due to a surge in power demand amid hotter-than-usual weather linked to El Niño, government data showed on Monday. The number of power plants with critically low coal stocks of less than 25% of the required inventory or only able to generate power for less than three days rose sharply to 74 as of September 19 from about 60 plants last week, data from the Central Electricity Authority that is updated daily showed. India’s peak power demand, a measure of the maximum electricity requirement, has been hovering between 230 gigawatts and 250 gigawatts in the past week. Peak power demand hit an all-time high of 270.70 gigawatts in May. The decline in power plant stocks appears to be a temporary logistical issue rather than a sign of any structural supply constraints, Crisil analysts said. India’s coal and railway ministries said in early September they were increasing supplies to the plants after erratic monsoon rains had impacted shipments. Indian sponge iron at two-year high, boosted by costly coal imports, domestic shortages Renewable power generation rose about 21% between April and August, but due to the intermittent nature of clean energy, coal-fired power continued to play a critical role in meeting round-the-clock demand, Crisil said. Meanwhile, Indian power producers’ coal imports in August rose to a 15-month high as a heatwave boosted electricity demand while hydroelectric power generation remained subdued, prompting utilities to turn to costly overseas supplies, Reuters reported last week. [...]

QatarEnergy says Hormuz crisis may delay LNG expansion projects
September 21, 2026 11:38
QatarEnergy says Hormuz crisis may delay LNG expansion projects

QatarEnergy expects the first train of its North Field East (NFE) liquefied natural gas expansion project to start production in the first half of 2027, but additional trains will depend on the Strait of Hormuz crisis. Disruptions caused by the effective closure of the strait since the US and Israel began their war on Iran threaten to push back part of the world’s largest LNG expansion project at a time when Qatar is trying to replace volumes lost after attacks on its Ras Laffan export hub. Speaking at the Qatar Economic Forum Special Edition in New York on Sunday, QatarEnergy CEO Saad al-Kaabi, who is also minister of state for energy affairs, said equipment needed for the expansion was still unable to reach the country because of the Strait of Hormuz disruption. Nigeria’s NLNG aims to start up Train 7 LNG project by end-2027 Ras laffan repairs ongoing A few LNG trains under the NFE expansion are due to start during 2027 and the North Field South (NFS) expansion is expected to begin production in 2028, he said. Qatar continues to deal with damage caused by attacks on Ras Laffan, which wiped out 17% of the country’s LNG capacity. Kaabi said the attacks damaged two LNG trains, where repairs could take three years to complete, and one gas-to-liquids (GTL) plant that will complete repairs in the first quarter of 2027. Despite the damage, Qatar would be able to resume normal gas operations within weeks once the Strait of Hormuz reopens, Kaabi said, adding that QatarEnergy is producing very little LNG. Asked about reports that Qatar was buying LNG in the market, Kaabi said QatarEnergy continued to expand its trading business and would become “the largest LNG trader in the world by far” in the near future. Iraq’s SOMO, QatarEnergy offer crude for loading inside Hormuz via tenders, sources say Kaabi said that second and third trains at the Golden Pass LNG project in Texas, a joint venture between QatarEnergy and Exxon Mobil, are expected to be fully operational in 2027. Golden Pass shipped its first LNG cargo in April after starting production at its first train in March. When fully operational, the project is expected to produce 18 million metric tons per year of LNG. Kaabi dismissed suggestions that pipelines through neighbouring countries could provide a practical alternative to exports through the Strait of Hormuz. While thanking neighbouring countries for offering access to their territories, he said Qatar had rejected the option on commercial and technical grounds. [...]

JSW Group firms plan $300 million debt sales, bankers say
September 21, 2026 11:28
JSW Group firms plan $300 million debt sales, bankers say

MUMBAI: Two JSW Group firms will raise a total of around 28.5 billion rupees ($298 million) through shorter-tenor bonds in the October-December quarter, a couple of bankers said on Monday. JSW Energy plans to raise around 15 billion rupees through up to five-year bonds, while JSW Steel could raise around 13.5 billion rupees via three-year or four-year debt, the bankers said, requesting anonymity as they are not authorised to speak to the media. The companies could tap the market in October if rates are favourable, according to the bankers. The firms did not respond to emails seeking comment. Bonds of JSW Energy are rated “AA” by India Ratings. The firm has around 25 billion rupees of outstanding bonds. Indian steel prices set to rise further on coking coal costs, demand revival The company, which has thermal, hydro and renewable power operations, had raised 8 billion rupees through three-year and five-year bonds at 8.75% and 8.80% in March 2025. AA-rated instruments are considered to be safe in terms of timely servicing their financial obligations. JSW Steel has a rating of “AA+” by ICRA and India Ratings with outstanding bonds at over 61 billion rupees. The firm had last tapped the bond market over two years ago, when it raised 22.5 billion rupees through five-year and seven-year papers at 8.35% and 8.43%, respectively. [...]

Irish privacy regulator fines Google €403 million over location data processing
September 21, 2026 11:18
Irish privacy regulator fines Google €403 million over location data processing

DUBLIN: The lead EU data privacy regulator for most of the biggest internet companies fined Alphabet’s Google search engine €403 million ($463 million) after an inquiry into its processing of location data, Ireland’s Data Protection Commission said on Monday. The Irish watchdog found that Google infringed European Union privacy rules known as the General Data Protection Regulation (GDPR) through three of its specific features – ‘Web & App Activity’, ‘Location History’ and ‘Location Accuracy’ — from 2018 to 2020. It was the fourth largest fine of the more than €4 billion in total levied by the DPC since it became the lead EU regulator for most big US tech firms under the strict 2018 GDPR due to the location of companies’ EU operations in Ireland. Google was also ordered by the DPC to bring its processing into compliance within six months. The company did not immediately respond to a Reuters request for comment. Google’s Gemini AI carried out cyberattacks, guessed passwords “As a result of Google’s failures, individuals could have been unaware that their location was being used to, for example, influence them with ads or to infer their interests, and could lose control over their personal data,” DPC Deputy Commissioner Graham Doyle said in a statement. “The retention of users’ location data for longer than necessary aggravated this loss of control.” The DPC opened the inquiry in 2020 following complaints from several European consumer rights organisations, including the pan-European consumers’ organisation BEUC, regarding Google’s processing of location data. The infringements included the lawfulness and fairness of Google’s processing of location data in ‘Web & App Activity’, an account setting that processes information related to users’ activity on Google services, and ‘Location History’, which keeps track of users’ location through mobile devices. Google is subject to three other ongoing statutory inquiries, all of which are at an advanced stage, the DPC added. [...]

India-New Zealand free trade pact to come into force on October 20
September 21, 2026 11:06
India-New Zealand free trade pact to come into force on October 20

NEW DELHI: A free trade agreement between India and New Zealand, signed in April, will come into force on October 20, Indian trade minister Piyush Goyal said on Monday, as New Delhi seeks to boost exports and attract investment amid shifts in global trade. The deal with New Zealand comes at a time when U.S. President Donald Trump has signed a law that gives him authority to impose up to 100% tariffs on countries such as India for buying Russian oil. India has accelerated efforts to diversify export markets away from the U.S., which is its biggest destination so far, through a series of trade agreements with major economies, including Britain and the European Union. New Zealand’s parliament last week passed legislation to implement the free trade agreement with India, under which tariffs on about 95% of New Zealand’s exports to India, including wine, kiwi fruit and apples would be eliminated or significantly reduced. India’s August goods trade deficit narrows as gold imports plunge The agreement will give all Indian goods duty-free access to New Zealand and ease mobility rules for students and workers. Wellington has also agreed to invest $20 billion in India over the next 15 years. New Zealand Prime Minister Christopher Luxon and Indian Prime Minister Narendra Modi have committed to doubling bilateral trade by 2030, which stood at about $2.3 billion in the 12 months through June. “At a time when there is uncertainty around the world in trade, we see tariff rates escalating, we see barriers being put up, India and New Zealand show that we can agree to terms that are beneficial for trade and businesses,” New Zealand Trade Minister Todd McClay said via video conference at the event announcing the ratification of the treaty. India, U.S. near trade pact; tariff terms hinge on Section 301 relief, source says India said last week that the new measures to levy tariffs over the purchase of Russian oil could impact bilateral ties with the United States, in a sharp response to the passing of the law. [...]

Copper rises as Chinese demand expectations add to speculative momentum
September 21, 2026 10:59
Copper rises as Chinese demand expectations add to speculative momentum

LONDON: Copper prices rose for a fifth consecutive session on Monday, edging closer to record highs as expectations of a seasonal pickup in demand in the world’s biggest consumer China sustained speculative buying. Benchmark three-month copper on the London Metal Exchange was up 0.9% at $14,654 a metric ton by 0957 GMT, after touching $14,710.5, its highest level since September 10, when it hit a peak of $14,875. Renewed speculative demand has pushed copper higher after funds cut their net long positions in Comex copper futures in a week to September 15 as the White House has yet to decide on refined copper tariffs, said Ole Hansen, head of commodity strategy at Saxo Bank. The premium of US copper futures over LME prices widened but remained insufficient to encourage new physical shipments to COMEX copper stocks, which store 69% of 1-million-ton exchange-monitored copper inventories. Expectations for inventory replenishment in China ahead of the country’s holidays on September 25 and from October 1 to 7 provided support for copper prices, while traders await this week’s meeting between US President Donald Trump and Chinese leader Xi Jinping. The Yangshan copper, a gauge of Chinese demand for imported copper, finished last week at $124 a ton, its highest in nearly four years, although it eased to $119 on Monday. Available copper stocks in LME-registered warehouses fell to 133,725 tons, daily LME data showed, after 9,600 tons of fresh cancellations in Asia. This helped to widen the premium of the LME cash copper contract over the benchmark to $26 a ton from a discount of $86 on September 14. Among LME metals, aluminium and zinc fell 0.1% to $3,286 and $3,917, respectively. Lead rose 0.3% to $1,927 after hitting its three-month high of $1,929.5, tin gained 0.3% to $53,610 and nickel added 0.5% to $16,270. [...]

Govt cuts diesel price by Rs1.96, raises petrol by Rs4.61 per litre
September 21, 2026 6:50
Govt cuts diesel price by Rs1.96, raises petrol by Rs4.61 per litre

The government has reduced the ex-depot price of high-speed diesel (HSD) by Rs1.96 per litre to Rs422.08 per litre, and increased the petrol price by Rs4.61 to Rs393.75 per litre, effective September 22, 2026. According to a press release issued by the Petroleum Division on Monday, the Oil and Gas Regulatory Authority (OGRA) revised the prices under the petroleum pricing mechanism issued by the federal government. The ex-depot price of HSD was previously Rs424.04 per litre, while petrol was priced at Rs389.14 per litre. The Petroleum Division said the price changes were necessitated by global developments, including changes in Platts rates, premiums and incidentals. The revised prices will remain effective till Tuesday, September 22, 2026. In the previous review, the government had reduced the price of petrol by Rs1.65 per litre to Rs389.14 and high-speed diesel by Re0.88 to Rs424.04. Earlier in the day, oil prices eased to their lowest level in 12 days, as investors eyed a partial recovery in shipments from Saudi Arabia and hoped for diplomatic progress on the Iran war due to this week’s UN meeting. During the session, Brent crude futures and US West Texas Intermediate crude dipped below $100 a barrel to their lowest since September 9. The Brent contract for November was at $100.39 a barrel at 11:02 a.m. ET (1502 GMT), down $3.48, or 3.35%. The WTI October contract that is expiring on Tuesday fell $4.64, or 4.63%, to $95.66 a barrel. The November contract stood at $92.34. [...]

President, PM condole death of Sheikh Ahmed bin Rashid Al Maktoum
September 21, 2026 5:26
President, PM condole death of Sheikh Ahmed bin Rashid Al Maktoum

President Asif Ali Zardari and Prime Minister Muhammad Shehbaz Sharif on Monday expressed deep grief over the passing of Sheikh Ahmed bin Rashid Al Maktoum, younger brother of UAE Vice President and Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum. President Zardari conveyed his heartfelt condolences to Sheikh Mohammed bin Rashid Al Maktoum and the bereaved Al Maktoum family, praying that Allah Almighty grant the departed soul eternal peace and give patience and strength to the bereaved family. Prime Minister Shehbaz Sharif also expressed his deep grief and sorrow over the passing of Sheikh Ahmed bin Rashid Al Maktoum. The prime minister said Sheikh Ahmed had devoted his life to the service of Dubai and the United Arab Emirates with honour and dignity. “Pakistan deeply appreciates his valuable services and pays tribute to his memory with respect and admiration,” he said. Shehbaz extended his heartfelt condolences and sympathies to Sheikh Mohammed bin Rashid Al Maktoum, the Al Maktoum family and the people of the UAE. He prayed that Allah Almighty may bless the departed soul with the highest place in Jannat-ul-Firdous and grant the bereaved family strength and patience to bear the loss. Sheikh Ahmed died on Monday, with Dubai beginning a 10-day mourning period following his death, according to The National. Dubai Media Office said flags would be flown at half-mast during the official mourning period. Sheikh Ahmed served as Deputy Chairman of Dubai Police and was the long-serving president of Al Wasl Sports Club. [...]

World Bank, IMF back debt framework changes for poor countries
September 21, 2026 4:38
World Bank, IMF back debt framework changes for poor countries

WASHINGTON: The World Bank and International Monetary Fund said on Monday that both their executive boards had approved proposed reforms of their joint framework for evaluating the debt of low-income countries to reflect a more complex and riskier environment. A joint review, the first since 2017, recommended changes in several areas, including better analysis of domestic debt and broadening the analysis of long-term development challenges, including climate change. The reforms will work to improve the analysis of risks to debt sustainability by refining how countries’ debt-carrying capacity is measured, and introducing new tools to assess debt sustainability. Finally, the World Bank and IMF will work to enhance the “realism tools” and stress tests used to ensure the consistency and accuracy of forecasts, while encouraging countries to improve debt data transparency, the World Bank said. World Bank boosts private capital mobilization to record $112 billion The IMF and World Bank use the debt sustainability framework to analyze and assess a country’s ability to take on new debt without jeopardizing its ability to service existing loans. Changes were recommended since many low-income countries have seen rising debt levels and a shift in financing sources to include more domestic and external borrowing on commercial terms. The revised framework is expected to become operational in the second half of 2027, it added. A review completed in July confirmed that the debt sustainability framework had worked well to identify debt distress episodes ahead of time and help countries make informed borrowing and lending decisions. IMF mission to visit Pakistan ‘in coming weeks’ for next review But it also identified several areas where the framework could be improved to account for new challenges at a time of elevated development needs and a sharp decline in official development assistance. [...]

Five things to know about Engro's soon-to-be CEO Junaid Iqbal
September 21, 2026 3:52
Five things to know about Engro's soon-to-be CEO Junaid Iqbal

Junaid Iqbal, a prominent figure in the tech and finance sectors, has a diverse career spanning media, investment banking, financial markets, technology, startups and leading major digital platforms. Known for his strategic vision and entrepreneurial spirit, he has significantly impacted the businesses he’s led. After leading Careem’s Pakistan operations and later serving as managing director and global head of Careem Pay, Iqbal is set to take over as president and CEO of Engro Corporation in April 2027. Here are five things to know about the Pakistani executive. 1.  A driving force at Careem Junaid Iqbal played a pivotal role at Careem, first as the managing director for Pakistan, where he was credited for building the company’s presence in the country. He then extended his leadership for the company to the Saudi Arabian market before becoming the managing director and global head of Careem Pay. During his tenure, Careem grew significantly, eventually being acquired by Uber for $3.1 billion in a transaction completed in 2020. 2.  Post-Careem entrepreneurial ventures After his time at Careem, Iqbal embarked on new entrepreneurial journeys, both based in Dubai. He founded Salt Ventures, an investment firm focusing on diverse tech startups ranging from fintech and construction tech to women’s health and retail automation. Additionally, he established Caravan Media, a knowledge-focused media business grounded in technology, business, and economy. Its first product, “Pakistan & Counting,” creates videos exploring Pakistan’s economic potential, with plans for more geographically and functionally focused content. 3.  Early career in media and high-impact finance Iqbal’s career began in media, where he hosted “Power Lunch” on CNBC Pakistan. He transitioned into the financial sector, serving as CEO of BMA Financial Services Limited. Later, at Elixir Securities, he relaunched the Corporate Finance division and executed privatisation transactions exceeding USD 1.5 billion. Notably, he oversaw the Pakistani government’s sale of a 40% stake in HBL Bank for USD 1.02 billion, marking it as the largest equity capital markets transaction in Asian Frontier Markets history. 4. Iqbal decided to skip his MBA In an interview last year on Aaj TV, Iqbal said his friends asked him: “What do they teach in an MBA? Networking and case studies. And what are you doing at CNBC? Every time a CEO comes to your show, you analyze all their financials, you’re actually going head to head with them and they’re respecting you for it, that you come so prepared.” “Why on earth would you go spend two years of your life and pay a few hundred thousand dollars?” According to his LinkedIn profile, Junaid Iqbal earned a Bachelor of Arts in Economics from the University of Michigan, Ann Arbor (1998–2002), and completed an Executive Education Program in Leadership in Financial Organizations at Harvard Business School in 2013. 5.  Championing Dubai as a global hub Iqbal has strategically based his recent ventures, Salt Ventures and Caravan Media, in Dubai, citing the immense opportunities within the GCC region. He views Dubai and Riyadh as instrumental in fostering seamless collaboration between global talent and capital, positioning the Middle East, North Africa, and Pakistan (MENAP) as an “interesting and exciting region” that is rapidly becoming a centre for innovation. Iqbal’s career trajectory underscores a consistent drive for impact, whether leading a ride-hailing giant, fostering new tech ventures, or preparing to head one of Pakistan’s major corporations. His journey reflects a keen understanding of market dynamics and a commitment to leveraging technology for regional growth. [...]

AI stocks lift Wall St as oil falls, Treasury yields decline
September 21, 2026 3:29
AI stocks lift Wall St as oil falls, Treasury yields decline

Wall Street’s main indexes rose on Monday, powered by AI gains as Treasury yields eased and crude prices tumbled more than 3% to hit an 11-day low on hope of progress in Middle East negotiations during the UN meeting this week. Doomsday warnings from the leaders of AI giants a week ago had led to a selloff, but the mood seemed lighter as investors focused on signs that spending on developing the technology was still expanding. Chip companies such as Intel rose 9%. Advanced Micro Devices surged 8.5% to become the latest chipmaker to reach $1 trillion in market valuation and Micron also gained 3%. Meta soared 6.2% to a more than seven-month high after brokerage Wells Fargo hiked its price target on the stock, while Accenture gained 3.5% after partnering with Anthropic to invest $2 billion in AI evaluation. “The excitement in the build-out and adoption of AI has really driven a lot of the growth in corporate profits and a lot of the gains in the stock market over the past few years,” said Chris Zaccarelli, chief investment officer for Northlight Asset Management. “Is there going to be a trade-off between safety and productivity benefits? That argument is going to continue for many months to come, if not many years.” While Washington and Tehran continued to exchange new threats through the weekend, US President Donald Trump said he would be open to meeting Iranian President Masoud Pezeshkian, who is expected at the UN General Assembly in New York this week. A fall in oil prices eased the pressure on equities as the 10-year US bond yield slipped below the critical 5% mark. Still, investors were wary of the interest-rate outlook after a recent pickup in inflation prompted the US Federal Reserve to raise rates for the first time in three years. Markets see a 50% chance of another hike next month, CME’s FedWatch showed. Commentary from at least 10 central bank policymakers is due this week. Chicago Fed President Austan Goolsbee said there was “no ambiguity” about the need for higher interest rates, with inflation pressures now moving beyond tariffs and energy prices to strong demand. At 10:24 a.m. ET, the Dow Jones Industrial Average rose 241.25 points, or 0.47%, to 51,923.89, the S&P 500 gained 70.38 points, or 0.92%, to 7,720.88, and the Nasdaq Composite added 393.21 points, or 1.48%, to 26,915.76. Seven of the 11 S&P 500 sectors were trading higher. Communication services was in the lead with a 2.3% rise, while energy led declines. A diplomatic breakthrough between the United States and Denmark over the weekend over the status of Greenland also aided sentiment and was likely to allay trade tensions between the countries. US-listed shares of companies exposed to Greenland rose. Critical Metals soared 35%, while Greenland Mines and Greenland Energy each more than doubled in value. The China-US summit on Thursday could touch upon topics including potentially extending the trade truce between the two superpowers, the Iran war, as well as regulation on AI advances. Scott Bessent and Chinese Vice Premier He Lifeng concluded talks on Sunday during which the US Treasury secretary proposed a new mechanism for AI safety notifications. Bitcoin, a key marker for risk appetite, rose 5.3% to hit a more than seven-month high, lifting Coinbase and Strategy 5% and 8%, respectively. Paramount Skydance gained 6.5% after a report said the company reached a settlement with California and other states suing to block its $110 billion merger with Warner Bros Discovery. Advancing issues outnumbered decliners by a 1.61-to-1 ratio on the NYSE and by a 1.78-to-1 ratio on the Nasdaq. The S&P 500 posted 4 new 52-week highs and 22 new lows, while the Nasdaq Composite recorded 30 new highs and 66 new lows. [...]

Horror movie 'Resident Evil' tops North American box office
September 21, 2026 3:22
Horror movie 'Resident Evil' tops North American box office

LOS ANGELES: “Resident Evil,” a horror movie based on a video game franchise, swept the North American box office with a $60 million opening weekend, industry estimates showed Sunday. The Sony-distributed movie is directed by Zach Cregger and stars Austin Abrams, who plays a medical courier battling mutant creatures to deliver a package to a remote hospital. “Resident Evil” displaced last week’s top performer, Warner Bros’ “Practical Magic 2,” a long-awaited sequel starring Sandra Bullock and Nicole Kidman, into a distant second place. The story of the modern-day witches, who face a curse that sees any man they fall in love with doomed to an early death, took $12.2 million after last weekend knocking Sony’s “Spider-Man” from its weeks-long perch at the top. Spidey took another $6.5 million this weekend, bringing its total take in the United States and Canada to $944.5 million. It was followed by another of 2026’s strongest performers, “The Odyssey,” which took $4.9 million. For the second consecutive weekend, “Coyote vs Acme” took fifth place, with Will Forte and an animated Wile E. Coyote snaring another $4.5 million for Falling Forward Films. Rounding out the top 10 were: “The Runner” ($3.2 million) “Daniel and the Fiery Furnace” ($3.1 million) “Transformers: The Movie” ($3.1 million) “The Weight” ($2.3 million) “Buddy” ($1.9 million) [...]

Naqvi, Iranian counterpart discuss bilateral ties, regional situation
September 21, 2026 3:20
Naqvi, Iranian counterpart discuss bilateral ties, regional situation

Interior Minister Mohsin Naqvi on Monday met his Iranian counterpart Eskandar Momeni in Tehran, where the two sides discussed bilateral relations, regional developments and ongoing cooperation between their interior ministries, his office said. Naqvi arrived at Iran’s Ministry of Interior and was received by Momeni, with the meeting focusing on cooperation between the two countries in various sectors. The Iranian interior minister thanked Prime Minister Shehbaz Sharif and Field Marshal Asim Munir for their efforts towards regional peace and stability. “We are grateful for Pakistan’s continuous efforts to establish peace in the region,” Momeni said, adding that Pakistan’s recent visit had been “very beneficial.” Naqvi said bilateral relations between Pakistan and Iran would become stronger in the coming period. Naqvi is scheduled to hold talks with top Iranian officials on bilateral relations and cooperation during his visit. Quoting informed sources, Tasnim earlier reported that Naqvi’s visit has no connection with Iran-US issues and that discussions during his trip will focus on bilateral relations and cooperation. The Iranian news agency said Naqvi is neither carrying a message to Iran nor is Iran expected to send a message to the United States through him. Tasnim further reported that Iran’s seven conditions have already been clearly communicated to the United States and that there has been no change in Tehran’s position. [...]

India's NSE IPO draws over $10 billion, traders eye modest listing pop
September 21, 2026 2:25
India's NSE IPO draws over $10 billion, traders eye modest listing pop

The National Stock Exchange of India’s IPO drew more than $10 billion by the final day of bidding on Monday, as investors look to tap into a boom in public listings in Asia’s third-largest economy. The $2.3 billion IPO, the country’s biggest after Hyundai Motor India’s $3.3 billion offering, received bids for 505.81 million shares, 5.71 times the 88.64 million shares on offer after three days of bidding, exchange data showed. NSE shares will likely begin trading on Thursday, marking the culmination of a decade-long effort by India’s biggest stock exchange operator to enter public markets. The IPO comes at a time when India’s primary market is picking up, with billionaire Mukesh Ambani’s Jio Platforms likely to list later this year in what could be the country’s biggest-ever stock offering. Qualified institutional buyers led demand at the NSE IPO, bidding for 12.68 times the number of shares set aside for them. Non-institutional and retail investor portions were subscribed 6.55 times and 1.39 times, respectively. NSE’s $2.3 billion IPO fully subscribed, spotlight shifts to Sept. 24 debut The strong institutional demand signals investors’ willingness to look past a recent slowdown in the derivatives segment and bet on long-term growth prospects for the Indian capital market, analysts said. India’s largest bourse has a 93% share in the cash market and nearly 75% in options. Investors on the exchange jumped 40% over two years to 129.09 million as of March end. However, regulatory tightening, taxation and a new closing auction have hit derivatives trading. “The decline in derivatives volume is a phenomenon that has been playing out since 2024…. From a long-term perspective, the volumes should still trend higher and NSE’s smaller businesses outside the derivatives segment should also be able to contribute materially to earnings,” said Vipul Bhowar, executive director and head of equities at Waterfield Advisors in Mumbai. Grey market hints at listing gains The premium for NSE shares in the grey market indicate gains of 2% to 5% on trading debut. The grey market is an unregulated market that allows investors to trade IPO shares before the official listing. NSE has set a price band of 1,700 rupees to 1,785 rupees apiece for its shares and is seeking a valuation of up to $46 billion, which is 15% to 20% lower than the valuation sought in pre-deal roadshows. “The lower-than-anticipated valuation limits the downside risk for NSE and if the stock falls below IPO price after listing, it should be seen as a buying opportunity,” Bhowar said. Peer BSE listed in 2017. Its shares have surged more than 30 times since their trading debut. [...]

IESCO privatisation draws 10 investor groups
September 21, 2026 2:01
IESCO privatisation draws 10 investor groups

The Privatisation Commission (PC) on Monday received 10 Expressions of Interest (EOIs) from domestic and international investors for the acquisition of 51% to 100% shareholding in Islamabad Electric Supply Company (IESCO), along with management control. The EOIs were submitted on the closing date of the process for privatisation of IESCO, one of three distribution companies included in the first batch of DISCO privatisation, the Ministry of Privatization said in a statement. The interested parties include three Turkish companies – Aktor Elektrik Enerji Yatırımları San. ve Tic. A.Ş., Genvera Enerji A.Ş. and Cengiz Enerji Sanayii ve Ticaret A.Ş. – along with Engro Energy Limited, Sapphire Fibers Limited, Novatex Limited and Bestway Cement Limited. Four consortiums also submitted EOIs: Artistic Milliners (Private) Limited Consortium; Hub Power Holding Limited Consortium; Hasnaat Brothers Construction Co. (Pvt) Limited Consortium; and a consortium comprising The Lake City Holdings, Fatima Capital Limited, Din Ventures and Fazal Cloth Mills. Privatisation Adviser to the Prime Minister and Privatisation Commission Chairman Muhammad Ali said the strong response reflected investor confidence in Pakistan’s electricity distribution sector and the government’s commitment to a transparent and competitive process. “The Commission now looks forward to engaging constructively with the prequalified investors through the due-diligence process and to seek alignment on an equitable, transparent and predictable post-privatisation regime,” he said. The EOIs and Statements of Qualification submitted by the interested parties will now undergo evaluation against the approved prequalification criteria. Applicants meeting the requirements will be prequalified and invited to the next stage, including access to the Virtual Data Room for detailed due diligence. IESCO is part of DISCOs Batch-I, along with Faisalabad Electric Supply Company (FESCO) and Gujranwala Electric Power Company (GEPCO). The commission said 10 parties had already been prequalified for FESCO, while 11 EOIs received for GEPCO are currently under evaluation. The government aims to improve operational efficiency, modernise distribution infrastructure, strengthen customer service and reduce losses through the privatisation process. [...]

Being managed by Zidane for France is 'like a movie', says Mbappe
September 21, 2026 1:47
Being managed by Zidane for France is 'like a movie', says Mbappe

Kylian Mbappe says being managed by Zinedine Zidane for the French national team is “like something out of a movie”. The pair will work together for the first time during this international break, as Zidane returns to management five years after leaving Real Madrid. Last week Mbappe referred to Zidane as “the player who most embodies the France team”, noting that he left an indelible mark on French football. Mbappe is a key figure for the current generation of French footballers, having led Les Bleus to their second World Cup in 2018, and helping them back to the final in 2022. Zidane confirmed last week that Mbappe would continue as France captain. Speaking to Spanish paper AS, Mbappe explained that Zidane was present in his career from his formative years. “Yes, years ago (he took me to Real Madrid’s training ground),” said Mbappe. “He was the first, to pick me up and take me to Real Madrid, to the training complex. I was 13 or 14, it was ages ago.” Mbappe leaves Nike, signs with On as it forays into soccer “And now he’s my national team coach. It’s like something out of a movie, but he’s top-level.” Zidane replaced his former France teammate Didier Deschamps after the World Cup, ending a 14-year spell in charge for the latter. “It’s a new phase with a new coach,” said Mbappe. “It’s going to be a new experience for everyone, since we’ve only ever had Deschamps. It will be a change for us, but I think everything will turn out very well.” France face Turkey in the Nations League on Friday in Zidane’s debut as France manager, before fixtures against Belgium and Italy. [...]

Sri Lankan shares fall as real estate, industrials stocks weigh
September 21, 2026 1:43
Sri Lankan shares fall as real estate, industrials stocks weigh

Sri Lankan shares closed lower on Monday, hurt by losses in real estate and industrials stocks. The CSE All Share index settled down 0.37% at 20,979.18. The island nation’s consumer prices climbed 8.1% year-on-year in August, after rising 7.2% in July, its statistics department said on Monday. Pegasus Hotels of Ceylon PLC and Hunter & Company PLC were the top percentage losers on the CSE All Share index, tumbling 44.4% and 12.4%, respectively. Trading volume on the CSE All Share index rose to 48.7 million shares from 39.4 million in the previous session. The equity market’s turnover fell to 750.3 million Sri Lankan rupees ($2.27 million) from 1.34 billion rupees in the previous session, according to exchange data. Foreign investors were net buyers, purchasing stocks worth 38.7 million rupees, while domestic investors were net sellers, selling shares worth 730.8 million rupees, the data showed. [...]

Most Gulf bourses end lower on Middle East conflict despite diplomatic hopes
September 21, 2026 1:39
Most Gulf bourses end lower on Middle East conflict despite diplomatic hopes

Most Gulf stock markets closed lower on Monday as the escalating regional conflict outpaced cautious optimism over diplomatic progress at UN meetings this week. Energy markets remained on edge after fresh rhetorical threats exchanged between Washington and Tehran were compounded by weekend drone and missile attacks by Yemen’s Houthis targeting Riyadh and Saudi Aramco’s Yanbu energy hub. Traders took some heart from China’s intervention, urging Tehran to restrain Houthi attacks following a direct appeal from Riyadh. The move comes as diplomatic channels expand ahead of this week’s UN meetings to contain broader Middle East hostilities and protect critical energy infrastructure. Abu Dhabi’s index fell 1.6%, dragged down by a 4.6% slide in conglomerate International Holding Co , nearly reversing its gains before the session. IHC has confirmed a corporate restructuring, placing Fount Trust as the ultimate parent of Royal Group for long-term stewardship. The global conglomerate is chaired by UAE National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan. Dubai’s main share index inched 0.1% higher, helped by a 1.3% rise in top lender Emirates NBD . Saudi Arabia’s benchmark index declined 0.6%, hit by a 3.4% fall in ACWA Power Co and a 0.9% decrease in oil major Saudi Aramco. Qatar’s benchmark ended 0.1% higher. Qatar’s sovereign wealth fund (QIA) is launching a domestic investment division to offset financial strain, shifting focus inward as regional conflict and the closure of the Strait of Hormuz disrupt its vital LNG exports. Outside the Gulf, Egypt’s blue-chip index slipped 0.7%. Saudi Arabia dropped 0.6% to 10,682 Abu Dhabi lost 1.6% to 10,106 Dubai added 0.1% to 5,960 Qatar inched 0.1% higher to 9,559 Egypt declined 0.7% to 54,994 Bahrain was down 0.4% to 1,912 Oman fell 0.4% to 7,550 Kuwait finished flat at 9,183 [...]

Rupee registers gain against US dollar
September 21, 2026 1:36
Rupee registers gain against US dollar

if (!window._rawHtmlListenerAttached) { window._rawHtmlListenerAttached = true; window.addEventListener('message', function(event) { if (event.data && event.data.type === 'raw-html-resize' && event.data.id) { var iframe = document.getElementById(event.data.id); if (iframe) { var height = Math.min(Math.max(event.data.height, 50), 9200); iframe.style.height = height + 'px'; } } }); } The Pakistani rupee extended its marginal gains against the US dollar, appreciating 0.01% in the interbank market on Monday. The local unit closed the day at 277.22, a gain of Re0.03 against the greenback. During the previous week, the Pakistani rupee appreciated 0.03% to settle at 277.25 against the US dollar in the inter-bank market. Globally, currency markets focused on the yen on Monday following a sharp drop last week that spurred speculation ​of a rate check from Tokyo, while investors pondered interest-rate outlooks after a wave of hikes from major central banks last ‌week. The yen was a touch firmer at 156.64 per US dollar after dropping 2% last week. Japan markets were closed for a three-day holiday, leading to low liquidity while keeping traders on alert for an official intervention to prop up the volatile currency. The euro was little changed at $1.1482 after voting projections showed the far-right Alternative for Germany (AfD) took first place in state elections in northeastern Germany, in a blow to Chancellor Friedrich Merz’s conservative party. The dollar index, which tracks the US currency against six major peers, was steady at 100.23 after gaining more than 1% last week following the Fed’s ​rate hike, as the central bank signalled more increases could be coming. Traders are currently pricing in a ​55% chance of a ⁠rate hike at the Fed’s next meeting in October, up from 42.5% a week earlier, the CME FedWatch tool showed. Oil prices, a key indicator of currency parity, slid towards the psychological threshold of $100 a barrel and to their lowest in 11 days on Monday as investors hoped for diplomatic progress on the Iran war due to this week’s UN meeting, and eyed a partial recovery in shipments from Saudi Arabia. Brent crude futures and US West Texas Intermediate crude touched their lowest since September 10 earlier on Monday. The Brent contract for November was at $101.18 a barrel at 1254 GMT, down $2.69, or 2.6%. The WTI October contract that is expiring on Tuesday also fell $2.69, or 2.7%, to $97.61 a barrel. The November contract stood at $93.49. Inter-bank market rates for dollar on Monday BID Rs 277.22 OFFER Rs 277.42 Open-market movement In the open market, the PKR lost 4.00 paisa for buying and gained 3.00 paisa for selling against USD, closing at 278.23 and 279.07, respectively. Against Euro, the PKR gained 2.00 paisa for buying and lost 21.00 paisa for selling, closing at 318.85 and 321.93, respectively. Against UAE Dirham, the PKR lost 3.00 paisa for buying and 2.00 paisa for selling, closing at 75.68 and 76.27, respectively. Against Saudi Riyal, the PKR lost 4.00 paisa for buying and 5.00 paisa for selling, closing at 73.99 and 74.52, respectively. Open-market rates for dollar on Monday BID Rs 278.23 OFFER Rs 279.07 [...]

Trump administration prepares sanctions against International Criminal Court, sources say
September 21, 2026 1:15
Trump administration prepares sanctions against International Criminal Court, sources say

WASHINGTON: President Donald Trump’s administration has prepared sanctions against the entire International Criminal Court and plans to announce them soon, two sources familiar with the matter said on Sunday, a move that would step up its attack on the global tribunal that prosecutes war crimes and genocide worldwide. The Trump administration has made no secret of its disdain for the court and has worked to undermine it. US officials want the court to drop its arrest warrants against Israeli leaders as well as a past probe into American troops in Afghanistan. US Secretary of State Marco Rubio in July announced a campaign to isolate the court, calling on other countries to withdraw from the tribunal. Washington has imposed sanctions on a number of ICC judges and prosecutors but has so far held off from imposing sanctions on the court itself, although the move has long been considered as one of the options. The State Department did not respond to a request for comment. UN investigators say Israel committing ‘genocide’ in Gaza Sanctions against the court have been prepared, the sources said, even though the exact timing of an announcement remained unclear. The Wall Street Journal cited officials who said the decision could be finalized as soon as this week during the United Nations General Assembly meeting. Targeting the entire organization directly, as well as entities that cooperate with it, could severely undermine the court’s work. Any entity-wide sanctions imposed by the US Treasury would prohibit US citizens and companies from providing funds, goods, or services to the court without a license from the US Treasury’s Office of Foreign Assets Control (OFAC). Banks often over-comply with such US sanctions because they depend on access to the American financial system. Among the court’s operations that could be affected by sanctions against the entire organization are the purchasing of IT services and insurance, the hiring of investigators and conducting everyday financial transactions, such as paying dozens of American employees, the ICC’s registrar and president have warned. Trump’s opposition to the court goes back to his first term. It surfaced again with a plan to penalize ​ICC officials, an idea developed ​in November 2024 when ⁠Trump was reelected and the ICC issued an arrest warrant for Netanyahu for alleged war crimes and crimes against humanity in the Gaza conflict. The ICC was established in 2002 by the international community to prosecute war crimes, ​genocide and crimes against humanity. It asserts jurisdiction only if a member state is unable or unwilling to prosecute ‌atrocities itself. The United States has never been a member. [...]

Nearly 40% of India's coal power plants running critically low on fuel, data show
September 21, 2026 1:07
Nearly 40% of India's coal power plants running critically low on fuel, data show

NEW DELHI: Nearly 40% of India’s coal-fired power plants are operating with critically low fuel stocks due to a surge in power demand amid hotter-than-usual weather linked to El Niño, government data showed on Monday. The number of power plants with critically low coal stocks of less than 25% of the required inventory or only able to generate power for less than three days rose sharply to 74 as of September 19 from about 60 plants last week, data from the Central Electricity Authority that is updated daily showed. India’s peak power demand, a measure of the maximum electricity requirement, has been hovering between 230 gigawatts and 250 gigawatts in the past week. Peak power demand hit an all-time high of 270.70 gigawatts in May. The decline in power plant stocks appears to be a temporary logistical issue rather than a sign of any structural supply constraints, Crisil analysts said. India’s coal and railway ministries said in early September they were increasing supplies to the plants after erratic monsoon rains had impacted shipments. Indian sponge iron at two-year high, boosted by costly coal imports, domestic shortages Renewable power generation rose about 21% between April and August, but due to the intermittent nature of clean energy, coal-fired power continued to play a critical role in meeting round-the-clock demand, Crisil said. Meanwhile, Indian power producers’ coal imports in August rose to a 15-month high as a heatwave boosted electricity demand while hydroelectric power generation remained subdued, prompting utilities to turn to costly overseas supplies, Reuters reported last week. [...]

Punjab by-polls: Notices served on minister, SAPM for 'violating' election code of conduct
November 21, 2025 1:33
Punjab by-polls: Notices served on minister, SAPM for 'violating' election code of conduct

This collage of pictures show Federal Minister of Power Sardar Awais Ahmad Khan Leghari and Special Assistant to the Prime Minister Huzaifa Rehman. —APP/NA website/FileShow-cause notices have been issued to Minister for Power Sardar Awais Ahmad Khan Leghari and Special Assistant to the... [...]

27th Amendment empowers FCC to hear all constitutional cases: minister
November 20, 2025 7:59
27th Amendment empowers FCC to hear all constitutional cases: minister

Minister of State for Law and Justice Barrister Aqeel Malik addressing an event on December 21, 2024. — Facebook@BarristerAqeelMalikState Minister for Law Aqeel Malik said on Thursday that the 27th Amendment has vested authority to hear constitutional matters in the Federal Constitutional... [...]

JF-17 attracts strong attention at Dubai Airshow as friendly country inks procurement MoU
November 20, 2025 5:25
JF-17 attracts strong attention at Dubai Airshow as friendly country inks procurement MoU

Pakistan Air Force JF-17 Thunder fighter jet during World Defence Air Show 2024 held in Riyadh, Saudi Arabia, February 7, 2024. — PPI Pakistan's JF-17 Thunder garnered significant attention at the Dubai Airshow 2025, leading to the signing of a memorandum of understanding with a... [...]

US lawmakers laud Punjab govt's initiative to modernise brick-kiln
November 20, 2025 4:39
US lawmakers laud Punjab govt's initiative to modernise brick-kiln

Punjab Chief Minister Maryam Nawaz attends ceremony in this undated image. — Facebook/@MaryamNSharifISLAMABAD: The Congressional Pakistan Caucus has applauded Punjab’s drive to modernise its brick-kiln sector, saying the reforms could serve as a pilot for eliminating bonded labour and... [...]

Security forces gun down 30 terrorists in multiple IBOs in KP: ISPR
November 20, 2025 4:38
Security forces gun down 30 terrorists in multiple IBOs in KP: ISPR

Frontier Constabulary and army personnel gather stand guard in Kurram, January 17, 2025. — AFPSecurity forces killed 30 Indian proxy Fitna al-Khawarij terrorists during multiple intelligence-based operations carried out by security forces in Khyber Pakhtunkhwa , the military's media wing... [...]

MQM-P calls for new province in Sindh
November 20, 2025 3:56
MQM-P calls for new province in Sindh

Muttahida Qaumi Movement-Pakistan Convener Khalid Maqbool Siddiqui addresses a press conference in Karachi, November 20, 2025. — Screengrab via YouTube/Geo NewsKARACHI: With discussions on the 28th Amendment gaining momentum, the Muttahida Qaumi Movement–Pakistan has once again... [...]

US report validates Pakistan military edge over India: PM
November 20, 2025 3:55
US report validates Pakistan military edge over India: PM

Prime Minister Shehbaz Sharif addresses ceremony in Azad Jammu and Kashmir on November 20, 2025. — X/@GovtofPakistanPrime Minister Shehbaz Sharif on Thursday said a recent US report endorsing Pakistan’s downing of Indian aircraft stands as formal validation of the country’s... [...]

Banned TTP poses serious threat to Pakistan security: UNSC panel
November 20, 2025 10:24
Banned TTP poses serious threat to Pakistan security: UNSC panel

Denmark’s Deputy Permanent Representative to United Nations and chair of UNSC's ISIL, Al-Qaeda Sanctions Committee Sandra Jensen Landi. — Screengrab via UN WebTV websiteThe chair of the United Nations Security Council's Daesh and Al-Qaeda Sanctions Committee has cautioned that the... [...]

CM Afridi clarifies remarks on by-poll after ECP requests army deployment
November 20, 2025 10:01
CM Afridi clarifies remarks on by-poll after ECP requests army deployment

Khyber Pakhtunkhwa Chief Minister Sohail Khan Afridi addresses a gathering at Havelian, Abbottabad on November 19, 2025. — Facbook@ImMuhammadSohailAfridiISLAMABAD: Khyber Pakhtunkhwa Chief Minister Sohail Afridi on Thursday issued a clarification concerning his remarks on the NA-18 by-poll,... [...]

Dubai sees 3.2m Pakistani passengers in 2025 as airport sets new milestone
November 20, 2025 6:16
Dubai sees 3.2m Pakistani passengers in 2025 as airport sets new milestone

People sit at a coffee shop as they wait for their flight at the Dubai International Airport, in Dubai, United Arab Emirates, April 17, 2024. — ReutersDUBAI: Dubai International Airport handled 3.2 million passengers travelling from Pakistan in the first nine months of 2025, making the... [...]

Security forces kill 23 Indian proxy terrorists in KP's Kurram
November 20, 2025 5:08
Security forces kill 23 Indian proxy terrorists in KP's Kurram

Security forces are seen taking position during an operation. — ISPR/FileRAWALPINDI: Amid country's ongoing fight against the menace of terrorism, security forces have neutralised 23 Indian proxy Fitna al-Khawarij terrorists in separate engagements in Khyber Pakhtunkhwa's Kurram... [...]

Pakistan to construct island to boost oil exploration: report
November 19, 2025 6:26
Pakistan to construct island to boost oil exploration: report

Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas United States. — Reuters/FilePakistan's state-owned energy company, Pakistan Petroleum Limited , has announced plans for an artificial island to boost its oil exploration efforts.Islamabad has intensified its... [...]

Russia ready to mediate Pakistan's issues with India, Afghanistan: envoy
November 19, 2025 6:14
Russia ready to mediate Pakistan's issues with India, Afghanistan: envoy

Russia's ambassador to Pakistan has extended his country's offer to mediate Islamabad's conflicts with India and Afghanistan, amid strained relations with its neighbouring countries.Islamabad's relations with India have remained tense since the four-day war in May, while the Afghan Taliban regime... [...]

Security forces neutralise four terrorists in KP IBOs
November 19, 2025 5:12
Security forces neutralise four terrorists in KP IBOs

Soldiers ride on a Pakistan Army vehicle in this undated image. — AFP/FileFour terrorists affiliated with Indian proxy, Fitna al-Khawarij, were killed in a series of operations across Khyber Pakhtunkhwa from November 17 to 18, the Inter-Services Public Relations said on Wednesday.An... [...]

Reclassification of 41 candidates on reserved seats goes beyond SC mandate: Justice Mandokhail
November 19, 2025 4:38
Reclassification of 41 candidates on reserved seats goes beyond SC mandate: Justice Mandokhail

Supreme Court's Justice Jamal Khan Mandokhail addresses an event related to Labour Day in Islamabad on May 1, 2025. — Screengrab/YouTube/Geo NewsISLAMABAD: Justice Jamal Khan Mandokhail has released a detailed dissent in the reserved seats case, stating that the ruling on 41 candidates... [...]

Paramount and states reach deal over Warner Bros. merger lawsuit
September 21, 2026 6:15
Paramount and states reach deal over Warner Bros. merger lawsuit

Paramount and states reach deal over Warner Bros. merger lawsuitParamount's ambitious plan to merge with Warner Bros. Discovery recently hit a roadblock when a coalition of U.S. states took the ongoing deal to court.They argued that merging the two giants would reduce competition and that the... [...]

Natalie Harp behind Trump's ban on CNN, MS NOW and Politico at White House
September 21, 2026 5:43
Natalie Harp behind Trump's ban on CNN, MS NOW and Politico at White House

The White House on Saturday denied access to journalists from CNN, MS NOW and Politico, following ‌through with US President Donald Trump's announcement that he would ban them from the building's grounds.All three news outlets separately said their teams' press passes were confiscated on... [...]

Flights halted at Philadelphia, Newark and Teterboro airports due to equipment outage
September 21, 2026 4:35
Flights halted at Philadelphia, Newark and Teterboro airports due to equipment outage

The Federal Aviation Administration ordered ground stops at Philadelphia International, Newark Liberty and Teterboro airports on Monday amid air traffic control capacity issues.The FAA said the disruption was related to “some frequencies at Philadelphia TRACON,” the air traffic control... [...]

US working on major Belarus potash deal that could undercut Canada, Trump says
September 21, 2026 4:15
US working on major Belarus potash deal that could undercut Canada, Trump says

US President Donald Trump says his administration is working on a major deal to buy potash from Belarus at a lower price than the United States currently pays Canada.“The pricing would be for substantially less than we are currently paying to Canada, very good news for our Farmers and... [...]

Putin's United Russia wins landslide as 49 Ukraine war veterans enter parliament
September 21, 2026 3:35
Putin's United Russia wins landslide as 49 Ukraine war veterans enter parliament

Vladimir Putin’s United Russia party has won a record majority in Russia’s parliament, with 49 veterans of the war in Ukraine elected as deputies, officials said.According to The Guardian, preliminary results showed the pro-Kremlin party winning 355 of the 450 seats in the State Duma,... [...]

Converse apologises after Karina ad sparks backlash over alleged racist imagery
September 21, 2026 3:15
Converse apologises after Karina ad sparks backlash over alleged racist imagery

Converse has apologised and removed a social media advertisement featuring K-pop singer Karina after critics said it appeared to evoke racist imagery.The Instagram image showed Karina wearing a skirt while holding a pair of Chuck 70 X sneakers. Critics said lighting created a white triangular... [...]

Venice to raise tourist entry fee to $34 in new push to tackle overtourism
September 21, 2026 3:14
Venice to raise tourist entry fee to $34 in new push to tackle overtourism

Venice to raise tourist entry fee to $34 in new push to tackle overtourismVenice is actively exploring plans to significantly overhaul and increase its day-tripper entry fee for future tourist seasons, with proposals on the table to raise the daily rate to €30 .While the initial trial phase... [...]

Nigel Farage names Helen Jenner as new Reform UK leader in Wales after pedecessor's arrest
September 21, 2026 3:02
Nigel Farage names Helen Jenner as new Reform UK leader in Wales after pedecessor's arrest

Nigel Farage names Helen Jenner as new Reform UK leader in Wales after pedecessor's arrestReform UK leader Nigel Farage has unveiled Helen Jenner as the party's new leader in Wales on the steps of the Senedd in Cardiff. The transition follows the sudden resignation of her predecessor, Dan Thomas,... [...]

Record-breaking super El Niño could trigger extreme weather around the world
September 21, 2026 2:53
Record-breaking super El Niño could trigger extreme weather around the world

The powerful El Niño heating the planet has broken a 150-year temperature record months before the climate phenomenon is expected to peak.According to The Guardian, temperatures in the central Pacific at the heart of El Niño have reached 3.05C above the 1991-2020 average, surpassing... [...]

Trump to meet Mamdani, Macron and Xi Jinping during high-stakes diplomacy week
September 21, 2026 2:33
Trump to meet Mamdani, Macron and Xi Jinping during high-stakes diplomacy week

US President Donald Trump is set to begin a busy week of diplomatic meetings as he travels to New York for the United Nations General Assembly.According to The Guardian, Trump is expected to meet several international leaders on the sidelines of the annual gathering, including Venezuela’s... [...]

German chancellor Merz is defiant after a historic state election disaster; Here's why
September 21, 2026 2:32
German chancellor Merz is defiant after a historic state election disaster; Here's why

German chancellor merz is defiant after a historic state election disaster; Here's whyGermany’s political landscape has been severely shaken following a brutal round of state elections in Mecklenburg-Western Pomerania and Berlin. For Chancellor Friedrich Merz and his ruling Christian... [...]

Major TV networks to stop covering Trump after White House bans CNN
September 21, 2026 2:13
Major TV networks to stop covering Trump after White House bans CNN

The White House television press pool will stop covering President Donald Trump’s events on a rotating basis after CNN was barred from serving as a member of the pool.According to NBC, CNN was prevented from covering Trump as the designated television pooler on Monday as the president... [...]

US sanctions loom over ICC as Netherlands braces for impact
September 21, 2026 1:08
US sanctions loom over ICC as Netherlands braces for impact

US sanctions loom over ICC as Netherlands braces for impact Netherlands are bracing for the devastating impact as the United States are to impose sanctions on the International Criminal Court in the latest development. The Dutch officials have been warned by US officials that potentially... [...]

Trump responds as lawsuit threat looms over White House press access
September 21, 2026 12:45
Trump responds as lawsuit threat looms over White House press access

Trump responds as lawsuit threat looms over White House press access President Donald Trump has responded to a recent lawsuit filed by three major media outlets, including CNN, MS NOW and Politico over banning their access to White House. In Truth Social Post, Trump defended the... [...]

Typhoon Dujuan approaches eastern Japan: Travel chaos and weather warnings
September 21, 2026 11:43
Typhoon Dujuan approaches eastern Japan: Travel chaos and weather warnings

Typhoon Dujuan approaches eastern Japan: Travel chaos and weather warningsTyphoon Dujuan also named as Typhoon No. 25 has tracked toward central and eastern Japan, bringing torrential rain, violent winds, and widespread disruptions to the Tokyo metropolitan area and surrounding regions.The Japan... [...]

پاکستان اور فرانس کا تجارت، سرمایہ کاری اور تعلیمی روابط بڑھانے پر اتفاق
September 21, 2026 6:09
پاکستان اور فرانس کا تجارت، سرمایہ کاری اور تعلیمی روابط بڑھانے پر اتفاق

نائب وزیراعظم و وزیر خارجہ سینیٹر محمد اسحاق ڈار نے نیو یارک میں اقوام متحدہ کی جنرل اسمبلی کے 81ویں اجلاس کے موقع پر فرانسیسی وزیر... [...]

سی ڈی اے: شاپنگ مال انتظامیہ کو 8 کنال اراضی کے عارضی استعمال کی اجازت منسوخ
September 21, 2026 6:09
سی ڈی اے: شاپنگ مال انتظامیہ کو 8 کنال اراضی کے عارضی استعمال کی اجازت منسوخ

اسلام آباد میں کیپٹل ڈیولپمنٹ اتھارٹی نے شاپنگ مال انتظامیہ کو 8 کنال اراضی کے عارضی استعمال کی اجازت منسوخ کر دی۔ سی ڈی اے نے شاپنگ... [...]

آئیسکو کی نجکاری کیلئے 10 سرمایہ کاروں اور کاروباری گروپس نے اظہار دلچسپی جمع کروا دیے، ترجمان
September 21, 2026 5:09
آئیسکو کی نجکاری کیلئے 10 سرمایہ کاروں اور کاروباری گروپس نے اظہار دلچسپی جمع کروا دیے، ترجمان

فائل فوٹو اسلام آباد الیکٹرک سپلائی کمپنی کی نجکاری کیلئے 10 سرمایہ کاروں اور کاروباری گروپس نے اظہار دلچسپی جمع کروا دیے، سرمایہ... [...]

فیول ریلیف سے کوئی محروم نہیں رہنا چاہیے، حمزہ شہباز
September 21, 2026 5:09
فیول ریلیف سے کوئی محروم نہیں رہنا چاہیے، حمزہ شہباز

حکمران جماعت مسلم لیگ کے نائب صدر حمزہ شہباز نے کہا ہے کہ فیول ریلیف سے کوئی محروم نہیں رہنا چاہیے۔لاہور سے جاری بیان میں حمزہ شہباز... [...]

امریکی میڈیا اداروں کا ٹرمپ انتظامیہ کیخلاف مقدمے کا اعلان
September 21, 2026 5:09
امریکی میڈیا اداروں کا ٹرمپ انتظامیہ کیخلاف مقدمے کا اعلان

امریکی میڈیا اداروں نے صدر ڈونلڈ ٹرمپ کی انتظامیہ کے خلاف مقدمہ کرنے کا اعلان کردیا۔امریکی میڈیا نے صدارتی محل وائٹ ہاؤس میں داخلے... [...]

جنید اکبر کے بیان کے بعد گنجائش ختم ہوگئی، طارق فضل چوہدری
September 21, 2026 4:09
جنید اکبر کے بیان کے بعد گنجائش ختم ہوگئی، طارق فضل چوہدری

وفاقی وزیر طارق فضل چوہدری نے کہا ہے کہ جنید اکبر کے بیان کے بعد گنجائش ختم ہوگئی ہے۔جیو نیوز کے پروگرام کیپٹل ٹاک میں طارق فضل... [...]

سینیٹرز، ایم این ایز گرفتار ہو رہے ہیں، پارلیمنٹ چپ ہے، بیرسٹر علی ظفر
September 21, 2026 4:09
سینیٹرز، ایم این ایز گرفتار ہو رہے ہیں، پارلیمنٹ چپ ہے، بیرسٹر علی ظفر

پاکستان تحریک انصاف کے مرکزی رہنما بیرسٹر سینیٹر علی ظفر نے کہا ہے کہ آئینی جنگ جاری رکھیں گے، حقوق سے پیچھے نہیں ہٹیں گے۔جیو نیوز... [...]

وزیر داخلہ کی ایرانی صدر سے ملاقات، مسعود پزشکیان کا پاکستان اور ایران کے درمیان مسلسل رابطے بڑھانے پر زور
September 21, 2026 3:09
وزیر داخلہ کی ایرانی صدر سے ملاقات، مسعود پزشکیان کا پاکستان اور ایران کے درمیان مسلسل رابطے بڑھانے پر زور

وزیر داخلہ محسن نقوی کی ایرانی صدر مسعود پزشکیان سے تہران میں ملاقات ہوئی، مسعود پزشکیان نے پاکستان اور ایران کے درمیان مسلسل رابطے... [...]

جماعت اسلامی کا سپر ٹرین لانگ مارچ ملتان کی طرف گامزن
September 21, 2026 3:09
جماعت اسلامی کا سپر ٹرین لانگ مارچ ملتان کی طرف گامزن

جماعت اسلامی کا پیٹرولیم لیوی کے خلاف سپر ٹرین لانگ مارچ ملتان کی طرف گامزن ہے۔اتوار کو کراچی سے اسلام آباد کے لیے نکلنے والے ٹرین... [...]

فیصل آباد: خاتون کو ہراساں کرنے پر نجی بینک کے 4 افسران کیخلاف مقدمہ
September 21, 2026 2:09
فیصل آباد: خاتون کو ہراساں کرنے پر نجی بینک کے 4 افسران کیخلاف مقدمہ

فیصل آباد میں خاتون کو مبینہ طور پر ہراساں کرنے پر نجی بینک کے 4 افسران کے خلاف مقدمہ درج کرلیا گیا۔ ایف آئی آر کے متن کے مطابق خاتون... [...]

سہیل آفریدی نے انتشاری سیاست کا الزام مسترد کردیا
September 21, 2026 2:09
سہیل آفریدی نے انتشاری سیاست کا الزام مسترد کردیا

وزیراعلیٰ خیبر پختونخوا سہیل آفریدی نے انتشاری سیاست کا الزام مسترد کردیا۔وزیراعلیٰ ہاؤس پشاور میں پریس کانفرنس کے دوران سہیل... [...]

خاتون کے شوہر نے تیزاب پھینکنے کے پیسے دیے تھے، ملزم کا انکشاف
September 21, 2026 2:09
خاتون کے شوہر نے تیزاب پھینکنے کے پیسے دیے تھے، ملزم کا انکشاف

کراچی کے علاقے لیاقت آباد میں خاتون پر تیزاب پھینکنے والے گرفتار ملزم نے دوران تفتیش اہم انکشاف کیا ہے۔پولیس حکام کے مطابق خاتون پر... [...]

ریلوے پولیس کا ٹرینوں میں بغیر ٹکٹ سفر کرنے والوں کے خلاف کریک ڈاؤن کا فیصلہ
September 21, 2026 1:09
ریلوے پولیس کا ٹرینوں میں بغیر ٹکٹ سفر کرنے والوں کے خلاف کریک ڈاؤن کا فیصلہ

فائل فوٹو ریلوے پولیس نے ٹرین میں بغیر ٹکٹ سفر کرنے والوں کے خلاف کریک ڈاؤن کا فیصلہ کر لیا ہے۔ اے آئی جی آپریشنز سید ابرار عباس نے... [...]

معاشی تھنک ٹینک کی ضلعی سطح پر تجارتی پالیسی تشکیل دینے کی سفارش
September 21, 2026 1:09
معاشی تھنک ٹینک کی ضلعی سطح پر تجارتی پالیسی تشکیل دینے کی سفارش

معاشی تھنک ٹینک اکنامک پالیسی اینڈ بزنس ڈیولپمنٹ نے تجارتی پالیسیوں کی ناکامی کی رپورٹ جاری کردی، معاشی تھنک ٹینک نے ضلعی سطح پر... [...]

مولانا فضل الرحمان نے پارلیمنٹ کے اِن کیمرا اجلاس کا مطالبہ کردیا
September 21, 2026 1:09
مولانا فضل الرحمان نے پارلیمنٹ کے اِن کیمرا اجلاس کا مطالبہ کردیا

سربراہ جمعیت علماء اسلام مولانا فضل الرحمان نے پارلیمنٹ کا اِن کیمرا اجلاس بلانے کا مطالبہ کردیا۔اسلام آباد میں پریس کانفرنس کے... [...]

کن کمپنیوں میں خواتین کی آمدنی، تعداد مردوں سے زیادہ ہوتی ہے؟ دلچسپ تحقیق
September 21, 2026 5:09
کن کمپنیوں میں خواتین کی آمدنی، تعداد مردوں سے زیادہ ہوتی ہے؟ دلچسپ تحقیق

کن کمپنیوں میں خواتین ملازمین کی آمدنی اور تعداد مردوں کے مقابلے میں زیادہ ہوتی ہے؟ڈنمارک میں کی گئی تحقیقات میں دلچسپ اعداد و شمار... [...]

بنگلادیش: دوسری اہلیہ کی مبینہ خودکشی، رکن اسمبلی غازی نذرالاسلام پہلی بیوی سمیت گرفتار
September 21, 2026 4:09
بنگلادیش: دوسری اہلیہ کی مبینہ خودکشی، رکن اسمبلی غازی نذرالاسلام پہلی بیوی سمیت گرفتار

فوٹو: بنگلادیشی میڈیا بنگلادیش میں رکن اسمبلی غازی نذر الاسلام کی دوسری اہلیہ 19 سالہ مریم نے مبینہ طور پر خودکشی کرلی، پولیس نے غازی... [...]

نیتن یاہو کا اہلیہ سمیت مسجد الاقصیٰ کے کمپاؤنڈ کے نیچے سرنگوں کا دورہ، سوشل میڈیا پر غم و غصہ
September 21, 2026 2:09
نیتن یاہو کا اہلیہ سمیت مسجد الاقصیٰ کے کمپاؤنڈ کے نیچے سرنگوں کا دورہ، سوشل میڈیا پر غم و غصہ

اسرائیلی وزیراعظم نیتن یاہو کا اپنی اہلیہ کے ہمراہ بیت المقدس کے پرانے شہر اور مسجد الاقصیٰ کے کمپاؤنڈ کے نیچے سرنگوں کا دورہ سوشل... [...]

ایرانی ایئر لائنز 2 روز بعد کام کرنا چھوڑ دیں گی، امریکی وزیر خزانہ کا دعویٰ
September 21, 2026 2:09
ایرانی ایئر لائنز 2 روز بعد کام کرنا چھوڑ دیں گی، امریکی وزیر خزانہ کا دعویٰ

امریکی وزیر خزانہ اسکاٹ بیسنٹ۔امریکی وزیر خزانہ اسکاٹ بیسنٹ نے دعویٰ کیا ہے کہ ایران کی ایئر لائنز 2 روز بعد کام کرنا چھوڑ دیں... [...]

امریکا کا ایرانی صدر کی میڈیا ٹیم کو ویزے دینے سے انکار
September 21, 2026 10:09
امریکا کا ایرانی صدر کی میڈیا ٹیم کو ویزے دینے سے انکار

ایرانی صدر مسعود پزشکیان—فائل فوٹو امریکا نے ایرانی صدر مسعود پزشکیان کی میڈیا ٹیم کو ویزے دینے سے انکار کر دیا۔ایرانی میڈیا... [...]

کیا امریکا چین سے مقابلے میں مصنوعی ذہانت کا تحفظ داؤ پر لگا رہا ہے؟
September 21, 2026 10:09
کیا امریکا چین سے مقابلے میں مصنوعی ذہانت کا تحفظ داؤ پر لگا رہا ہے؟

---فوٹو بشکریہ غیر ملکی میڈیا امریکا اور چین کے درمیان مصنوعی ذہانت کی دوڑ میں سلامتی کے خدشات پر بحث تیز ہو گئی۔ امریکی صدر ڈونلڈ... [...]

امارات کی ایران اور امریکا کے درمیان ثالثی کرانے کی پیشکش
September 21, 2026 10:09
امارات کی ایران اور امریکا کے درمیان ثالثی کرانے کی پیشکش

یو اے ای کے صدارتی مشیر انور قرقاش—فائل فوٹومتحدہ عرب امارات نے ایران اور امریکا کے درمیان ثالثی کرانے کی پیشکش کرتے ہوئے دونوں... [...]

جنوبی کوریا کا شمالی کوریا کیلئے 1400 طبی اشیاء فراہم کرنے کا منصوبہ تیار
September 21, 2026 9:09
جنوبی کوریا کا شمالی کوریا کیلئے 1400 طبی اشیاء فراہم کرنے کا منصوبہ تیار

— فائل فوٹوجنوبی کوریا نے انسانی بنیادوں پر طبی امداد کے ایک پروگرام کے تحت شمالی کوریا کو 1400 سے زائد طبی اشیاء فراہم کرنے کا منصوبہ... [...]

خود کو بہتر بنانے والی مصنوعی ذہانت کتنی قریب ہے؟
September 21, 2026 9:09
خود کو بہتر بنانے والی مصنوعی ذہانت کتنی قریب ہے؟

---فائل فوٹو مصنوعی ذہانت کے ایک ایسے نظام کی تیاری میں تیزی آ رہی ہے جو انسانی مداخلت کے بغیر خود کو بہتر بنانے اور اپنے اگلے ماڈلز کو... [...]

قبرستان کے قریب 250 فٹ بلند محراب کیوں تعمیر کروائی؟ ٹرمپ نے بتا دیا
September 21, 2026 8:09
قبرستان کے قریب 250 فٹ بلند محراب کیوں تعمیر کروائی؟ ٹرمپ نے بتا دیا

— فائل فوٹوامریکی صدر ڈونلڈ ٹرمپ نے آرلنگٹن قبرستان کے قریب 250 فٹ بلند محراب تعمیر کرنے کی اصل وجہ کا انکشاف کر دیا۔امریکی صدر نے... [...]

ایران کا جوہری عدم پھیلاؤ کے معاہدے سے دستبرداری کا بل پارلیمنٹ میں جمع
September 21, 2026 8:09
ایران کا جوہری عدم پھیلاؤ کے معاہدے سے دستبرداری کا بل پارلیمنٹ میں جمع

---فائل فوٹوایران کے جوہری عدم پھیلاؤ کے معاہدے این پی ٹی سے دستبرداری کا بل ایرانی پارلیمنٹ میں جمع کرا دیا گیا۔ایرانی میڈیا کے مطابق... [...]

دبئی کے حکمراں شیخ محمد بن راشد المکتوم کے بھائی شیخ احمد انتقال کر گئے
September 21, 2026 7:09
دبئی کے حکمراں شیخ محمد بن راشد المکتوم کے بھائی شیخ احمد انتقال کر گئے

شیخ احمد بن راشد المکتوم---فوٹو بشکریہ غیر ملکی میڈیا  دبئی کے حکمراں، متحدہ عرب امارات کے نائب صدر اور وزیرِاعظم شیخ محمد بن راشد... [...]

مکہ مکرمہ: مسجد الحرام کے مؤذن شیخ ابراہیم المدنی انتقال کر گئے
September 21, 2026 7:09
مکہ مکرمہ: مسجد الحرام کے مؤذن شیخ ابراہیم المدنی انتقال کر گئے

— تصویر بشکریہ سوشل میڈیامسجد الحرام کے مؤذن شیخ ابراہیم المدنی انتقال کر گئے۔سعودی میڈیا اور حرمین شریفین سے متعلق آگاہی فراہم... [...]

امریکی صدر ٹرمپ کا مصنوعی ذہانت سے متعلق این ویڈیا کے سربراہ پر اعتماد کیوں؟
September 21, 2026 7:09
امریکی صدر ٹرمپ کا مصنوعی ذہانت سے متعلق این ویڈیا کے سربراہ پر اعتماد کیوں؟

---فائل فوٹو مصنوعی ذہانت کے ممکنہ خطرات اور اس کے لیے سخت حفاظتی ضوابط پر امریکی حکام میں بحث جاری ہے تاہم صدر ڈونلڈ ٹرمپ مصنوعی... [...]

پاسداران انقلاب ایرو اسپیس فورس نے آبنائے ہرمز کے اوپر امریکی ڈرون مار گرایا
September 21, 2026 6:09
پاسداران انقلاب ایرو اسپیس فورس نے آبنائے ہرمز کے اوپر امریکی ڈرون مار گرایا

---فائل فوٹوپاسدارانِ انقلاب کی ایرو اسپیس فورس نے آبنائے ہرمز کے اوپر ایک اور امریکی MQ-1 ڈرون مار گرانے کا دعویٰ کر دیا۔ ایرانی خبر... [...]

پی ایس ایکس میں ملا جلا دن، 100 انڈیکس میں 268 پوائنٹس کا اضافہ
September 21, 2026 1:09
پی ایس ایکس میں ملا جلا دن،  100 انڈیکس میں 268 پوائنٹس کا اضافہ

فائل فوٹو پاکستان اسٹاک ایکسچینج میں کاروبار کا ملا جلا دن رہا، 100 انڈیکس 268  پوائنٹس اضافے سے 1 لاکھ 71 ہزار 153 پر بند ہوا ہے۔ مارکیٹ... [...]

عالمی اور مقامی مارکیٹ میں سونے کی قیمتیں کم ہو گئیں
September 21, 2026 10:09
عالمی اور مقامی مارکیٹ میں سونے کی قیمتیں کم ہو گئیں

---فائل فوٹوملک میں سونے کی قیمتوں میں کمی کا سلسلہ جاری ہے، آج بھی سونا سستا ہو گیا۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن... [...]

امریکا ایران سفارتی پیشرفت کی امید، عالمی منڈی میں تیل کی قیمتوں میں کمی
September 21, 2026 3:09
امریکا ایران سفارتی پیشرفت کی امید، عالمی منڈی میں تیل کی قیمتوں میں کمی

---فائل فوٹوامریکا اور اسرائیل کی ایران کے خلاف جنگ کے معاملے پر سفارتی پیش رفت کی امید پر عالمی منڈی میں تیل کی قیمتیں 1 ہفتے سے زائد... [...]

احتجاج، دھرنوں سے یومیہ 120 ارب روپے کا نقصان ہوگا، وزیر خزانہ
September 20, 2026 6:09
احتجاج، دھرنوں سے یومیہ 120 ارب روپے کا نقصان ہوگا، وزیر خزانہ

وزیر خزانہ محمد اورنگزیب---فائل فوٹووزیر خزانہ محمد اورنگزیب نے خبرار کیا ہے کہ دھرنوں، احتجاج، کاروباری سرگرمیوں کی بندش سے ملک کو... [...]

ملک میں ایک تولہ سونے کا بھاؤ 100 روپے کم ہوگیا
September 19, 2026 11:09
ملک میں ایک تولہ سونے کا بھاؤ 100 روپے کم ہوگیا

گزشتہ روز بڑے اضافے کے بعد ملک میں کاروباری ہفتے کے آخری روز سونا سستا ہوگیا۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے... [...]

پاکستان اسٹاک ایکسچینج میں اس ہفتے ملا جلا رجحان رہا
September 19, 2026 5:09
پاکستان اسٹاک ایکسچینج میں اس ہفتے ملا جلا رجحان رہا

—فائل فوٹوپاکستان اسٹاک ایکسچینج کی ہفتہ وار اپ ڈیٹس سامنے آ گئیں۔پاکستان اسٹاک ایکسچینج میں اس کاروباری ہفتے میں ملا جلا رجحان... [...]

سونے کی فی تولہ قیمت 6900 روپے کا اضافہ ہوگیا
September 18, 2026 1:09
سونے کی فی تولہ قیمت 6900 روپے کا اضافہ ہوگیا

ملک میں سونے کی فی تولہ قیمت میں آج 6900 روپے کا بڑا اضافہ ہوگیا۔ آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق اس اضافے کے... [...]

پی ایس ایکس 100 انڈیکس میں ایک ہزار 841 پوائنٹس کا اضافہ
September 18, 2026 1:09
پی ایس ایکس 100 انڈیکس میں ایک ہزار 841 پوائنٹس کا اضافہ

خام تیل کی قیمتوں میں کمی پر پاکستان اسٹاک ایکسچینج کے 100 انڈیکس میں اضافہ ہوا ہے۔ پاکستان اسٹاک ایکسچینج کا 100 انڈیکس ایک ہزار 841... [...]

اب ہمارا فوکس ایڈ نہیں، ٹریڈ ہے: محمد اورنگزیب
September 18, 2026 9:09
اب ہمارا فوکس ایڈ نہیں، ٹریڈ ہے: محمد اورنگزیب

— تصویر بشکریہ رپورٹروزیرِ خزانہ محمد اورنگزیب نے کہا ہے کہ گزشتہ مالی سال اوورسیز پاکستانیوں نے 41.6 بلین ڈالرز کا زرِ مبادلہ وطن... [...]

کمپنیوں کا پیٹرول و ڈیزل پر فی لیٹر 1 روپے 22 پیسے منافع کا مطالبہ
September 18, 2026 8:09
کمپنیوں کا پیٹرول و ڈیزل پر فی لیٹر 1 روپے 22 پیسے منافع کا مطالبہ

— فائل فوٹوآئل مارکیٹنگ کمپنیوں نے پیٹرول اور ڈیزل پر فی لیٹر 1 روپے 22 پیسے منافع کا مطالبہ کر دیا۔آئل کمپنیز ایڈوائزری کونسل نے... [...]

مہنگائی پر ہفتہ وار رپورٹ جاری، کونسی چیز سب سے زیادہ مہنگی ہوئی؟
September 18, 2026 8:09
مہنگائی پر ہفتہ وار رپورٹ جاری، کونسی چیز سب سے زیادہ مہنگی ہوئی؟

وفاقی ادارۂ شماریات نے مہنگائی سے متعلق ہفتہ وار رپورٹ جاری کر دی، ملک میں ہفتہ وار مہنگائی میں 0.49 فیصد کا مزید اضافہ ہوا... [...]

زرِمبادلہ ذخائر تاریخ کی بلند ترین سطح 21.4 ارب ڈالرز پر، وزیرِاعظم شہباز شریف کا اظہارِ تشکر
September 18, 2026 6:09
زرِمبادلہ ذخائر تاریخ کی بلند ترین سطح 21.4 ارب ڈالرز پر، وزیرِاعظم شہباز شریف کا اظہارِ تشکر

وزیرِ اعظم شہباز شریف—فائل فوٹووزیرِ اعظم شہباز شریف نے زرِ مبادلہ کے ذخائر تاریخ کی بلند ترین سطح 21 اعشاریہ 4 ارب ڈالرز پہنچنے پر... [...]

ملک میں کونسا پلانٹ کتنے روپے فی یونٹ بجلی پیدا کر رہا ہے؟ سینیٹ میں جمع تفصیلات سامنے آ گئیں
September 18, 2026 6:09
ملک میں کونسا پلانٹ کتنے روپے فی یونٹ بجلی پیدا کر رہا ہے؟ سینیٹ میں جمع تفصیلات سامنے آ گئیں

— فائل فوٹوسینیٹ میں فراہم کردہ تفصیلات میں یہ بات سامنے آ گئی ہے کہ ملک میں کونسا پلانٹ کتنے روپے فی یونٹ بجلی پیدا کر رہا... [...]

گڈز ٹرانسپورٹ کے کرائے 7 فیصد بڑھانے کا اعلان
September 18, 2026 1:09
گڈز ٹرانسپورٹ کے کرائے 7 فیصد بڑھانے کا اعلان

گڈز ٹرانسپورٹ کے کرائے 7 فیصد بڑھانے کا اعلان کردیا گیا۔ صدر آل پاکستان گڈز ٹرانسپورٹ اتحاد ملک شہزاد اعوان نے کہا کہ پچھلے 7 دن... [...]

پیٹرول سستا، ڈیزل مزید مہنگا کردیا گیا
September 17, 2026 5:09
پیٹرول سستا، ڈیزل مزید مہنگا کردیا گیا

حکومت نے اگلے ایک روز کیلئے پیٹرولیم مصنوعات کی نئی قیمتوں کا اعلان کردیا۔اس حوالے سے جاری نوٹیفکیشن کے مطابق پیٹرول کی قیمت میں 43... [...]

My husband and I are in our 50s and have no kids. We have $2 million in IRAs and 401(k)s. Do we really need a will?
September 21, 2026 6:30
My husband and I are in our 50s and have no kids. We have $2 million in IRAs and 401(k)s. Do we really need a will?

“We have no debt and own our primary home, a vacation home, as well as my mother’s home in another state.” [...]

‘She says it’s just money’: My friend pays for everything. I should be grateful, but I can’t stand her anymore.
September 21, 2026 6:00
‘She says it’s just money’: My friend pays for everything. I should be grateful, but I can’t stand her anymore.

“On each of these weekends away, she’s probably spending $500.” [...]

Meta’s stock is enjoying its best month in 13 years thanks to the company’s hot new AI assistant
September 21, 2026 5:45
Meta’s stock is enjoying its best month in 13 years thanks to the company’s hot new AI assistant

Muse is gaining popularity and helping convince investors that Meta’s AI bets are paying off. [...]

The future of retirement? Work until you die.
September 21, 2026 5:16
The future of retirement? Work until you die.

The retirement myth has been crumbling for decades [...]

A happier retirement contains these 3 elements
September 21, 2026 5:12
A happier retirement contains these 3 elements

Boosting your postwork satisfaction isn’t about luck. Here is what experts say actually drives fulfillment in your next chapter. [...]

‘I’m burned out’: I’m constantly helping my cousin who is running out of money. Is it too much to expect his sister to help?
September 21, 2026 4:30
‘I’m burned out’: I’m constantly helping my cousin who is running out of money. Is it too much to expect his sister to help?

“I spend a lot of time away from my family and spend money on gas, taking him out to eat.” [...]

AMD hits a major milestone as AI stocks blaze higher
September 21, 2026 3:58
AMD hits a major milestone as AI stocks blaze higher

On an intraday basis, AMD became the 14th U.S. company to see its market capitalization top $1 trillion. [...]

This is the ‘most underappreciated’ driver for Microsoft’s business, according to one analyst
September 21, 2026 3:39
This is the ‘most underappreciated’ driver for Microsoft’s business, according to one analyst

Investors understand Microsoft’s cloud-computing opportunities, but may not be giving enough credit to the revenue potential of its software business. [...]

I’m in my 50s. My mother died from Alzheimer’s. Do I need long-term-care insurance?
September 21, 2026 3:30
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  • About
    • Vision & Mission
    • Management Profile
    • Details of Associated Companies
    • Management Rating
    • Auditors
    • Legal Advsor
    • Address
    • Contact Details
  • Services
    • Details of Branches
    • Online Trading
    • Details of Registered Agents
    • Mobile Trading
  • Governance
    • Board of Directors
    • Directors Profile
    • Sponsors
    • Audit Committee
    • Pattern of Shareholding
  • Investors Information
    • Financials
    • Statutory Auditors
    • NCB Auditors
    • Monthly LC
    • Monthly NCB
    • Policies & Procedures
    • Account Opening Form
    • Internet Trading Info
  • Investors Portal
    • Investors Complaint Contact
      • PSX Complaint Link
    • Pending Investors Complaint
    • Investors Grievances
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