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KSE-100 Index closes over 3% lower as selling grips bourse
February 23, 2026 3:15
KSE-100 Index closes over 3% lower as selling grips bourse

The Pakistan Stock Exchange (PSX) endured a sharply negative session, as the benchmark KSE-100 Index shed nearly 5,500 points amid persistent selling pressure on Monday. After a relatively steady start, hitting an intra-day high of 174,336.85, the benchmark index gradually slipped into the red, reflecting cautious investor sentiment. Selling intensified in the early afternoon, dragging the KSE-100 Index below key psychological levels, triggering a steeper decline. Although a slight recovery was seen towards the close, it remained modest amid strong bearish momentum and heightened volatility. At close, the benchmark index settled at 167,691.08, down 5,478.63 points or 3.16%. “The selling pressure is due to uncertainty on the geopolitical front, alongside this being a rollover week,” said Sana Tawfik, Head of Research at Arif Habib Limited (AHL), while speaking to Business Recorder. Analysts also attributed the decline to a fresh wave of uncertainty regarding US trade policy after US President Donald Trump announced a new rate of global tariffs. Over the weekend, Trump announced a new 10% rate and then lifted it to 15%. “During the trading day, the index fluctuated within the range of 174,336 to 166,886 points, largely influenced by rollover-week dynamics,” said Topline Securities in its market review. Index-heavy constituents—including Fauji Fertilizer Company (FFC), Lucky Cement (LUCK), Engro Holdings (ENGROH), National Bank of Pakistan (NBP), and Habib Bank Limited (HBL)—emerged as the principal laggards, collectively dragging the benchmark down by 1,797 points during the session, added the brokerage house. During the previous week, escalating geopolitical tensions between the United States and Iran triggered a sharp risk-off reaction across global financial markets, with Pakistan’s equity benchmark suffering a pronounced correction amid heightened uncertainty and rising oil prices. The KSE-100 Index at the PSX fell 6,434.02 points, or 3.6% week-on-week, to close at 173,169.70 points, marking one of the steepest weekly declines in recent sessions. Globally, Wall Street futures and the dollar slid in Asia on Monday as confusion over US tariffs revived the “sell America” trade, while confidence in the entire AI sector was set to be tested by results from tech-diva Nvidia this week. Gold gained, and oil prices eased ahead of another round of talks between the United States and Iran due in Geneva on Thursday, with the risk of US military strikes lingering if a deal is not done. Uncertainty loomed large after the US Supreme Court struck down President Donald Trump’s emergency tariffs, leading him to announce a new 10% rate on the rest of the world, only to then lift it to 15% in a move that even seemed to surprise some of his own officials. It was not yet clear when these tariffs would be imposed, what might be excluded and whether every country would be slapped with 15%. Some, including the UK and Australia, had 10% tariff rates under the former rules, while many countries in Asia had higher rates. With so much up in the air, Asian markets were mixed, with MSCI’s broadest index of Asia-Pacific shares outside Japan up 0.8% in light trade. Japan’s Nikkei was shut for a holiday, but futures traded down 1.0% at 56,605 versus a cash close of 56,825. The chance of lower tariffs helped South Korea extend its bull run with a 1.2% rise, having already jumped 5.5% last week to all-time highs. Taiwan followed with a rise of 1.2% to a record peak. Meanwhile, the Pakistani rupee registered a marginal gain against the US dollar in the inter-bank market on Monday. At close, the local currency settled at 279.55, a gain of Re0.01 against the greenback. Volume on the all-share index declined to 461.26 million from 537.64 million recorded in the previous close. However, the value of shares increased to Rs24.93 billion from Rs23.79 billion in the previous session. K-Electric Ltd was the volume leader with 36.06 million shares, followed by WorldCall Telecom with 33.67 million shares, and B.O.Punjab with 26.67 million shares. Shares of 479 companies were traded on Monday, of which 42 registered an increase, 389 recorded a fall, and 48 remained unchanged. [...]

Indian bonds tick higher as US-Iran jitters ease, but hefty debt sales loom
February 23, 2026 2:39
Indian bonds tick higher as US-Iran jitters ease, but hefty debt sales loom

MUMBAI: Indian government bonds edged higher on Monday as geopolitical jitters ebbed ahead of a third round of U.S.-Iran nuclear talks, though heavy debt supply due this week capped gains. The benchmark 6.48% 2035 bond yield settled at 6.6970%, down from 6.7215% on Friday, snapping a two-day rise. Bond yields move inversely to prices. Geopolitical worries had weighed on sentiment last week after U.S. President Donald Trump issued fresh warnings, urging Iran to strike a nuclear deal, setting a 10–15-day deadline. The standoff sent Brent crude futures to about six-month highs. Higher crude prices are a key risk for net energy-importer India. Indian traders cut risk on Friday ahead of the weekend on fears of an escalation. “No further escalation in the Middle East over the weekend led to some short covering,” a private bank trader said. Iran’s comments that it was prepared to make concessions in talks with the U.S. in exchange for sanctions relief and recognition of its right to enrich uranium helped ease concerns over potential conflict. Brent fell about 1% on Monday and was last at $71.28. With the risk mood improving, some buying emerged at key technical levels. “There were buyers near 6.72–6.73% levels on the 10-year,” said Alok Sharma, head of treasury at ICBC, Mumbai. Attention now turns to supply. Indian states will raise 445.5 billion rupees ($4.91 billion) in their biggest weekly debt sale on Tuesday, while New Delhi will auction the benchmark 10-year note on Friday. Rates India’s overnight index swap (OIS) rates eased as geopolitical concerns receded, with traders eyeing steepener positions between the short and long ends. The one-year OIS rate fell 3 bps to 5.49%. The two-year was down 4 bps at 5.6050%, and the five-year fell 5.5 bps to 6.0375%. [...]

US to make tariff decision on solar panels from India, Indonesia and Laos
February 23, 2026 2:37
US to make tariff decision on solar panels from India, Indonesia and Laos

The U.S. Commerce Department on Monday will reveal a preliminary decision on whether to impose anti-subsidy duties on solar cells and panels imported from India, Laos and Indonesia. The announcement is the first of two expected by the agency in the coming weeks in a trade case brought by a group representing a portion of the small U.S. solar manufacturing sector. Commerce is likely to make final determinations later this year. Monday’s decision on countervailing duties will consider whether companies operating in the three countries received unfair government subsidies that make American products uncompetitive. Commerce is set to make a separate decision next month on whether those companies flooded the U.S. market at prices below their cost of production. India delays US trade talks after Supreme Court rejects Trump tariffs The Alliance for American Solar Manufacturing and Trade includes South Korea’s Hanwha Qcells and Arizona-based First Solar, which are seeking to protect billions of dollars in investments in U.S. factories. The group’s petition, filed in July, accuses Chinese companies of shifting production from nations that received U.S. tariffs to Indonesia and Laos, and also accuses Indian-headquartered manufacturers of dumping cheap goods in the United States. The group has succeeded previously in winning tariffs on imports from countries in Southeast Asia including Malaysia, Cambodia, Vietnam and Thailand. [...]

Indian telecom firm Bharti Airtel to invest $2.2 billion to expand digital lending
February 23, 2026 2:31
Indian telecom firm Bharti Airtel to invest $2.2 billion to expand digital lending

Bharti Airtel will invest 200 billion rupees ($2.2 billion) in its financial arm over the next few years, India’s second-largest mobile carrier by number of users said on Monday, as it steps up its push into digital lending. The capital will be infused into its subsidiary, Airtel Money, which received a non-banking financial company (NBFC) license from the Reserve Bank of India on February 13. Airtel’s expansion comes as competition intensifies in India’s non-bank lending sector, where conglomerates such as Jio Financial Services and established players like Bajaj Finance are scaling up retail credit operations. The move strengthens Airtel’s financial services business as it diversifies beyond telecom into areas such as data centres, cloud and enterprise services. India’s Bharti Telecom to open $1.7bn mega bond issue next week, bankers say The telecom major will contribute 70% of the 200 billion Indian rupees capital, with key shareholder Bharti Enterprises providing the remaining, Airtel said in a press release. The move “will leverage the large Airtel customer base to build the next growth engine for the company and further diversify its portfolio,” it added. [...]

Sri Lankan shares close largely flat
February 23, 2026 2:23
Sri Lankan shares close largely flat

Sri Lankan shares closed nearly unchanged on Monday as investors awaited national inflation data. The CSE All Share index settled up 0.04% at 23,783.02. Industrial Asphalts and Kerner Haus Global were the top percentage gainers on the CSE All Share index, rising 25% and 24.2%, respectively. Sri Lanka’s consumer prices climbed 2.4% year-on-year in January, after rising 2.9% in December, the statistics department said on Monday. Trading volume on the CSE All Share index fell to 97.4 million shares from 138.8 million in the previous session. The equity market’s turnover fell to 2.56 billion Sri Lankan rupees ($8.28 million) from 3.89 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 87 million rupees, while domestic investors were net buyers, purchasing shares worth 2.53 billion rupees, the data showed. [...]

Indian state chief minister says IDFC First Bank delayed acting on suspected fraud
February 23, 2026 2:20
Indian state chief minister says IDFC First Bank delayed acting on suspected fraud

MUMBAI: Indian private lender IDFC First Bank delayed acting on suspected fraudulent activity in government accounts, chief minister of the northern state of Haryana said on Monday. The bank disclosed on Saturday suspected fraudulent transactions totaling 5.9 billion Indian rupees ($65 million) in accounts linked to the Haryana state government, which led to the suspension of four employees and a forensic audit by KPMG. Shares of the bank plunged on Monday. Nayab Singh Saini, chief minister of Haryana, told the state legislative assembly that the discrepancies were first detected in January, according to a statement. The government instructed the bank to close the accounts and transfer the funds along with interest to another lender but IDFC First did not do so, Saini said. IDFC First Bank probes suspected $65mn fraud in accounts of government entities The instructions were issued again at the end of January, after which “more serious” discrepancies were detected in February, when inconsistencies were found between the documents provided by the bank and government records, Saini said. The bank accounts saw multiple transactions without state approval over the past 3 months, the minister said, without providing exact details on the number of accounts or the quantum of funds moved. On February 18, the state finance department ordered the closure of all accounts held with IDFC First Bank, according to the statement. Haryana has referred the matter to State Vigilance & Anti-Corruption Bureau for investigation, Saini said. Another lender, AU Small Finance Bank, has also been dropped from the list of banks that operate Haryana government accounts, the government said, without giving a reason. AU Small Finance has acknowledged the receipt of queries from the state government but has ruled out fraud. Emails to IDFC First Bank and AU Small Finance Bank seeking responses to the state’s comments were not immediately answered. [...]

Wall St on pace for lower open as tariff uncertainty curbs risk appetite
February 23, 2026 2:03
Wall St on pace for lower open as tariff uncertainty curbs risk appetite

Wall Street’s main indexes were set to open lower on Monday as renewed tariff uncertainty unnerved investors after President Donald Trump announced a new 15% duty following a Supreme Court ruling that struck down his broader levies. The Supreme Court, in a 6-3 ruling on Friday, voided most of the tariffs Trump imposed last year, finding that the emergency law he relied on did not allow the imposition of tariffs. Using a different statute, Trump announced first a 10%, then a 15%, global levy that could last five months while the administration searches for more durable workarounds. All three main stock indexes clocked weekly gains on Friday as markets took the Supreme Court’s decision in stride, with the Nasdaq snapping a five-week losing streak. “The market is just experiencing some profit-taking as traders realize that the relief rally from Friday may be premature. You simply can’t bet against Trump. He wants tariffs, and he’s going to find a way to implement them,” said Thomas Hayes, chairman at Great Hill Capital LLC. At 08:18 a.m. ET, Dow E-minis were down 239 points, or 0.48%, S&P 500 E-minis were down 29.75 points, or 0.43%, and Nasdaq 100 E-minis were down 142 points, or 0.57%. Most megacap and growth stocks were lower in premarket trading, though Alphabet bucked the trend with a 0.5% gain after rising around 4% on Friday. Nvidia inched 0.3% higher ahead of quarterly earnings due on Wednesday, with the tech-heavy U.S. markets facing a major test as commentary from the world’s largest company by market capitalization could offer key insight about the AI sector that has been hit by growing investor skepticism. High stock valuations and AI disruption fears have lately pressured technology and other sectors, as investors question if massive AI spending is paying off. Earnings from major software firms including Salesforce and Intuit will be on the radar later this week, given that the S&P 500 software and services index has slumped more than 20% this year amid growing AI disruption fears. Among other movers on Monday, Eli Lilly rose 2.9% after rival Novo Nordisk’s obesity drug fell short against Lilly’s drug in a Copenhagen trial. Merck edged 0.6% higher after the drugmaker said it will split its human-health business into two divisions. Domino’s Pizza climbed 5.6% after the fast-food chain beat Wall Street estimates for fourth-quarter U.S. same-store sales. Cryptocurrency and blockchain-related stocks dropped as bitcoin lost around 2%, with exchange operator Coinbase Global and crypto hoarder Strategy falling around 2% each. Gold and silver miners were broadly higher as prices of both precious metals gained. Top gold miner Newmont climbed 1.2% while silver miner Hecla Mining added 2%. Meanwhile, Federal Reserve Governor Christopher Waller said he was open to leaving interest rates on hold at the Fed’s March meeting if upcoming February jobs data indicates the U.S. labor market had “pivoted to a more solid footing” after a weak 2025. Traders currently expect the Fed to make its next move on rate cuts in June, according to the CME FedWatch Tool. [...]

Copper retreats from one-week high as inventories rise, confusion swirls on tariffs
February 23, 2026 2:00
Copper retreats from one-week high as inventories rise, confusion swirls on tariffs

LONDON: Copper prices pulled back on Monday as inventories extended their rise and investors puzzled over the future of U.S. tariffs and Chinese trading ahead of reopening after a holiday. Benchmark three-month copper on the London Metal Exchange fell 0.4% to $12,913 a metric ton in official open-outcry trading after hitting a more than one-week high of $13,050 earlier in the session. LME copper has rebounded nearly 4% over the past four sessions, but is still well below a record peak of $14,527.50 hit on January 29. “The fact that there are more visible inventories outside of the U.S. is a bit of a dampener, that may indicate a bit of softness in demand,” said Nitesh Shah, commodity strategist at WisdomTree. “But it’s always hard knowing whether it’s inventory that’s going from off-exchange (warehouses) to exchange or simply just a weakening of overall demand.” Copper stocks in LME-approved warehouses rose 6,675 tons to 241,825 tons, data showed on Monday, the highest since March 2025, having surged 70% so far this year. Metals along with the dollar and equity markets were hit by uncertainty after the U.S. Supreme Court struck down President Donald Trump’s emergency tariffs on Friday, leading him to quickly announce a new temporary tariff of 15% on U.S. imports from all countries. Traders were also waiting for the Shanghai Futures Exchange, which has been closed for the Lunar New Year holiday, to reopen on Tuesday. “A big thing is what the Chinese are going to do when they come back in, whether there’s going to be some extra domestic demand, because that’s been lacking. We’ll have to wait and see on that one,” said Robert Montefusco at Sucden Financial. LME nickel climbed 1.2% to $17,560 a ton in official activity after an official of top producer Indonesia said it was considering revoking the environmental permit of a company after a landslide hit a mine waste zone at its nickel processing hub. In other metals, LME aluminium slipped 0.2% to $3,096 a ton, zinc fell 0.9% to $3,353, lead lost 0.4% to $1,958, while tin advanced 1.9% to $47,425. [...]

Most Gulf equities edge higher amid US-Iran nuclear talks
February 23, 2026 1:57
Most Gulf equities edge higher amid US-Iran nuclear talks

BANGALORE: Major Gulf stock markets edged higher on Monday as Iran and the U.S. prepared to hold a third round of nuclear talks, raising hopes the longtime adversaries could find a way to step back from direct confrontation. Saudi Arabia’s benchmark index finished 0.3% higher in a volatile session, recovering slightly from a near 2% drop in the previous session. Al Rajhi Bank, the world’s largest Islamic lender, gained 1.3%, reversing some losses after a sharp 2.9% decline on Thursday, its worst in nearly five months. Energy giant Saudi Aramco  advanced 1.1%. Trade sources reported that the company sold several shipments of ultra-light crude oil from its $100 billion Jafurah gas plant to U.S. firms and an Indian refiner, ahead of its first export later this month. Dubai’s main share index climbed 1.8%, ending a two-day losing streak in a broad-based rally, led by a 3.7% gain in blue-chip developer Emaar Properties and a 2.9% leap in Emirates NBD Bank . Emirates Central Cooling Systems Corporation climbed 2.3% after announcing a contract award for the design of its fifth district cooling plant in Dubai’s Business Bay. A positive fourth-quarter earnings season, and the prospect of an easing in geopolitical tensions could strengthen investor sentiment, allowing markets to climb further, said Daniel Takieddine, Co-founder and CEO of Sky Links Capital Group. In Abu Dhabi, the index gained 0.6%, following two consecutive sessions of profit-taking from record highs. Abu Dhabi Commercial Bank edged 0.4% higher, while Alpha Dhabi Holding climbed over 2%. Qatar’s benchmark rose 1.1%, marking its strongest one-day gain in nearly a month, supported by banking stocks. Qatar National Bank , the largest lender in the region, climbed 2.2%, its best daily performance since mid-October. Outside the Gulf, Egypt’s blue-chip index climbed 2.6% with all sectors closing in the green, buoyed by optimism after the International Monetary Fund said its board would meet on February 25 to review Egypt’s Extended Fund Facility programme, a move that could unlock $2.3 billion in disbursements. Commercial International Bank , Egypt’s leading private lender, rose 3.3%, while Talaat Moustafa Group jumped 2.7%. The real estate developer posted a 43% jump in full-year profits and was promoted to the Mid Cap Segment within the FTSE Russell Global Equity Index Series. Saudi Arabia rose 0.3% to 10,984Abu Dhabi advanced 0.6% to 10,639Dubai gained 1.8% to 6,711Qatar climbed 1.1% to 11,282Egypt jumped 2.6% to 50,870Bahrain shed 0.2% to 2,058Oman eased 0.6% to 7,177Kuwait added 0.4% to 9,235 [...]

Indian shares gain on US tariff relief, IT firms extend losses
February 23, 2026 12:25
Indian shares gain on US tariff relief, IT firms extend losses

Indian equity benchmarks rose on Monday after the U.S. Supreme Court struck down President Donald Trump’s sweeping tariffs, but the gains were capped as persistent concerns over the disruption from AI kept IT shares under pressure. While Trump has imposed a new temporary 15% tariff on imports from all countries, India has delayed plans to send a trade delegation to Washington this week, Reuters reported, citing a source in the trade ministry. The delegation had been set to leave for talks to finalise an interim trade deal with U.S. tariffs on Indian goods set to be cut to 18%. “India’s effective tariff rate is now likely to be 11-13%. This compares favorably to China, whose effective rate is likely to be above 15%, while most other Asian peers will have similar effective tariff rates to that of India,” Emkay Global Financial Services said. The benchmark Nifty 50 closed 0.55% higher at 25,713, and the BSE Sensex added 0.58% to 83,294.66. The broader small-caps rose 0.3%, while mid-caps lost 0.4%. Thirteen of the 16 major sectors rose with heavy-weight financials and state-owned banks adding 0.9% and 1.4%, respectively. The IT index lost 1.4%, taking its year-to-date drop to 16.7%. Jefferies downgraded six Indian IT companies, including TCS and Infosys, on concerns about likely structural changes to IT business due to AI tools. Infosys and Wipro dropped 1.9% each, while Mphasis and Coforge shed 2.7% and 3.9%, respectively. IDFC First Bank tumbled 16.1% and was the biggest loser among Nifty 500 companies after the lender said it was investigating a suspected fraud of $65 million by some employees involving accounts of government entities in the northern state of Haryana. AU Small Finance Bank slid 5.2% after it was dropped from a list of banks that do business with the Haryana government. [...]

Palm falls on overnight weakness in Chicago soyoil, firmer ringgit
February 23, 2026 12:12
Palm falls on overnight weakness in Chicago soyoil, firmer ringgit

JAKARTA: Malaysian palm oil futures extended their decline to the second straight session on Monday, weighed down by softer crude oil and overnight weakness in Chicago soyoil, while a firmer ringgit added to the downside. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange lost 8 ringgit, or 0.2%, to 4,084 ringgit ($1,050.41) a metric ton at closing. “Palm futures opened lower on spread adjustments against Chicago soybean oil,” a Kuala Lumpur-based trader said, adding, “Upside potential may be capped amid a firmer ringgit.” The ringgit, palm’s currency of trade, strengthened 0.31% against the dollar, making the commodity more expensive for buyers holding foreign currencies. Soyoil prices on the Chicago Board of Trade rose 0.73% after losing 1.31% in the previous session. The Dalian Commodity Exchange is closed for the Lunar New Year holidays. Palm oil tracks the price movements of rival edible oils as it competes for a share of the global vegetable oils market. Chicago soybean futures slipped from last week’s three-month high, pressured by lingering uncertainty over tariffs following the U.S. Supreme Court struck down President Donald Trump’s sweeping levies. Exports of Malaysian palm oil products for February 1-20 are estimated to have fallen between 8.9% and 12.6%, according to data from cargo surveyors Intertek Testing Services and AmSpec Agri Malaysia. Oil prices fell 1% as the United States and Iran moved toward a third round of nuclear talks, easing fears of potential conflict, while a fresh round of tariff hikes by Trump added to the uncertainty over global growth and fuel demand. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock. Palm oil may test a support at 4,064 ringgit per metric ton, a break below which could trigger a fall to 3,999 ringgit. [...]

Indian Rupee edges up as local factors eat into US tariff ruling-driven gains
February 23, 2026 12:08
Indian Rupee edges up as local factors eat into US tariff ruling-driven gains

MUMBAI: The Indian rupee eked out a gain versus the dollar on Monday, as hedging interest from importers and upcoming maturities in forward contracts undercut most of an early advance driven by positive sentiment after the U.S. Supreme Court’s ruling on tariffs. The Indian rupee ended at 90.8825 per U.S. dollar, up 0.1% on the day. The currency had opened stronger at 90.76 per dollar on the back of the U.S. Supreme Court striking down President Donald Trump’s emergency tariffs, but gave up gains as the session progressed. Bankers attributed the reversal to hedging demand from importers and cautious positioning ahead of a wall of forward maturities and geopolitical tensions. Bankers said the Reserve Bank of India’s reliance on the non-deliverable forward market to manage Indian rupee volatility is now expected to weigh on the currency, with contracts worth at least $7 billion due to mature this week and more due in the weeks ahead. Selling dollar/Indian rupee forwards in the NDF market lets the RBI support the Indian rupee without an immediate drain on foreign exchange reserves or domestic liquidity. However, when these contracts mature, counterparties may need to buy dollars and this puts pressure on the Indian rupee, unless the central bank decides to roll them over. “There were outflows in the market, and traders are also positioning for the NDF maturity through the week,” said Anil Bhansali, head of treasury at Finrex Treasury Advisors. Importers have largely remained active on corrective dips in the dollar/Indian rupee pair, stepping in to hedge their near-term requirements, traders said. The pullback in Indian equities from the day’s highs further reduced appetite to push the pair lower, while volatility in oil prices added another layer of caution for traders. Asian currencies and equities began the week on a positive note after the U.S. Supreme Court ruling undercut tariff measures, but the relief was partial as Trump subsequently unveiled a 10% tariff on imports from all countries, later increasing it to 15%. [...]

Gold price per tola gains Rs3,000 in Pakistan
February 23, 2026 11:56
Gold price per tola gains Rs3,000 in Pakistan

Gold prices in Pakistan increased on Monday in line with their gain in the international market,. In the local market, gold price per tola reached Rs536,562 after a gain of Rs3,000 during the day. Similarly, 10-gram gold was sold at Rs460,015 after it increased by Rs2,572, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Saturday, gold price per tola reached Rs533,562 after a gain of Rs7,100 during the day. The international rate of gold was up by $30 to reach $5,138 per ounce (with a premium of $20). Meanwhile, the price of silver increased by Rs146 to reach Rs9,094 per tola. [...]

Rupee inches up against US dollar
February 23, 2026 10:42
Rupee inches up against US dollar

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At close, the local currency settled at 279.55, a gain of Re0.01 against the greenback. On Friday, the local currency closed at 279.56 against the dollar. Meanwhile, the dollar fell on Monday as traders took the US Supreme Court’s decision to strike down most of President Donald Trump’s tariffs as supportive for global growth, though confusion and risk of conflict in the Middle East kept moves relatively small. The euro was up 0.4% to $1.1823, and sterling rose by a similar margin to $1.3521 early in Asian trade, which was lightened a little by a holiday in Japan and China’s Lunar New Year break. The dollar fell 0.4% to 154.42 yen. The Supreme Court found on Friday that Trump’s sweeping tariffs exceeded his authority. Trump has responded by lashing out at the court and imposing a blanket 15% levy on imports, as well as insisting that higher-tariff deals with trade partners should stay. Moreover, globally, oil prices fell about 1% on Monday as the US and Iran prepared for a third round of nuclear talks, easing fears of an escalating conflict, while President Donald Trump’s fresh tariff hikes created uncertainty for global growth and fuel demand. Brent crude futures slid 76 cents, or 1.06%, to $71 a barrel by 0354 GMT while US West Texas Intermediate crude futures were at $65.75 a barrel, down 75 cents, or 1.10%. [...]

South African rand edges up with national budget in focus this week
February 23, 2026 9:05
South African rand edges up with national budget in focus this week

JOHANNESBURG: The South African rand gained in early trade on Monday as investors turned their attention towards the 2026 national budget, to be tabled later this week, amid what analysts described as a “relatively favourable macroeconomic backdrop.” At 0630 GMT, the rand traded at 15.9925 against the dollar, up 0.4% from its previous close. Local investors are awaiting Finance Minister Enoch Godongwana’s budget speech on Wednesday for insights into the ruling coalition’s fiscal priorities, strategies to address national debt, and planned economic reforms. “This year’s Budget Statement will show further progress in fiscal consolidation, with a faster pace of deficit reduction, a widening primary surplus and stabilising public debt,” said Nedbank economists in a note. “The improved macroeconomic environment has led to a broad-based increase in tax collections, and the tax windfall will help narrow the overall budget shortfall to below 3% of GDP by 2029, provided expenditure restraint is maintained,” added the note. In a November budget review, South Africa’s Treasury projected a consolidated budget deficit of 3.8% for the current fiscal year and 3.3% by 2027. Analysts said that the US Supreme Court’s decision to overturn former President Donald Trump’s sweeping tariffs provided additional support for the rand, helping it recover some losses from recent sessions. South Africa’s benchmark 2035 government bond strengthened in early trade, with the yield falling 2.5 basis points to 7.97%. [...]

Italy’s Enel to invest 20bn euros in renewables by 2028
February 23, 2026 6:10
Italy’s Enel to invest 20bn euros in renewables by 2028

MILAN: Italian power giant Enel said Monday it was boosting investment in renewables, with planned spending of 20 billion euros ($23.6 billion) by 2028 focused on Europe and the United States. The company said in a strategy plan that it wanted to invest a total of 53 billion euros between 2026 and 2028, around 10 billion euros more than under its previous 2023-2025 plan. “We are presenting an ambitious plan, but one that is credible and achievable,” Enel CEO Flavio Cattaneo told financial analysts. Enel’s statement said the new plan comes at a time of “strong growth in electricity demand, driven by the development of data centres, artificial intelligence, robotics and automation, as well as by the electrification of transport and industrial recovery”. READ MORE: Italy’s Enel buying US wind, solar plants for USD1bn Enel said it would invest over 26 billion euros in energy production and distribution in total, including 20 billion euros for renewables. It said it would add 15 gigawatts in renewable capacity by 2028. More than three quarters of this new capacity would come from wind power and “programmable technologies such as Battery Energy Storage Systems”, Enel said. The company had on Saturday announced it was buying a portfolio of wind and solar projects in the United States with total capacity of 830 megawatts for around $1 billion. Enel also plans to reach a total of 80 gigawatts in installed capacity by 2028, compared to 68 gigawatts at the end of 2025. The company forecast earnings per share (EPS) of 0.69 euros in 2025. Its annual results are being published in March. It expects the EPS to rise to between 0.80 and 0.82 euros in 2028 “even in a worst case scenario”, Cattaneo said. The plan was welcomed by investors on the Milan stock exchange, with Enel shares rising 6.5 percent to 9.7 euros in afternoon trading while the main market index rose just 0.89 percent. [...]

Trump renews attack on US Supreme Court, vows other tariffs, licenses
February 23, 2026 4:54
Trump renews attack on US Supreme Court, vows other tariffs, licenses

WASHINGTON: President Donald Trump renewed his condemnation of the U.S. Supreme Court on Monday after it ruled against his sweeping tariff program last week, vowing to turn to other tariff powers and licenses but giving no details. “The court has also approved all other Tariffs, of which there are many, and they can all be used in a much more powerful and obnoxious way, with legal certainty, than the Tariffs as initially used,” he wrote in a social media post. Trump said on Saturday he would raise a temporary tariff from 10% to 15% on U.S. imports from all countries, the maximum level allowed under the law, a day after the court ruled that Trump had exceeded his presidential authority when he imposed an array of higher tariff rates under an economic emergency law. Trump furious after Supreme Court upends his global tariffs, imposes new 10% levy In his post Monday, Trump also pointed to the potential use of licenses to pressure countries, writing that “incomprehensibly, according to the ruling, (I) can’t charge them a License fee - BUT ALL LICENSES CHARGE FEES, why can’t the United States do so? You do a license to get a fee! The opinion doesn’t explain that, but I know the answer!” Wall Street futures and the dollar dropped early on Monday amid confusion over the U.S. trade policy, while oil prices initially fell over uncertainty for global growth and fuel demand over the latest tariff hike before being steadied by news of planned U.S.-Iran talks. The decision and Trump’s subsequent actions are already impacting his trade deals struck over the past year, with China urging Washington to scrap tariff measures, the European Union set to freeze its agreement and India delaying planned talks. US Supreme Court strikes down Trump’s global tariffs Trump used his social media post to again lash out against the justices who ruled against him, which included two who he had appointed during his first term in the White House. In its ruling, authored by conservative Chief Justice John Roberts, the court reasserted its power to check the power of the president. The president also expressed concern that the top court could rule against his administration’s bid to restrict birthright citizenship in its forthcoming decision in that case. [...]

SECP clarifies ‘misreported’ data on dissolution of foreign companies
February 23, 2026 4:42
SECP clarifies ‘misreported’ data on dissolution of foreign companies

The Securities and Exchange Commission of Pakistan (SECP) on Monday stated that certain media reports had inaccurately interpreted data regarding ceased foreign companies available on its website, saying the reports did not reflect the factual position, particularly with regard to the year of cessation. In a statement, the regulator said the list published on its website specified the year of cessation against each company’s name to ensure transparency and accuracy of information. The SECP said only 19 foreign companies ceased operations in Pakistan during 2022–2025, while 79 new foreign companies were registered during the same period. It further clarified that the figure of 125 foreign companies, cited in some media reports, represented the total number of companies that had ceased operations since 1977 to date, and did not pertain to the last three years alone. Additionally, the commission said foreign investment was recorded in 82 local companies in the last month alone. These investments originated from multiple jurisdictions, including China, the United States, Australia, Turkey, the United Kingdom, South Africa, Denmark, Germany, Malaysia, South Korea and Spain. As of February 2026, a total of 1,157 foreign companies remain registered with the SECP, reflecting sustained foreign business presence and continued confidence in Pakistan’s regulatory environment, according to the statement. [...]

Saudi Arabia deficit widens to $25.28 billion in Q4 2025, finance ministry says
February 23, 2026 4:23
Saudi Arabia deficit widens to $25.28 billion in Q4 2025, finance ministry says

CAIRO:  Saudi Arabia’s budget deficit widened to 94.85 billion riyals ($25.28 billion) riyals in the fourth quarter of 2025, from 88.5 billion riyals in the previous quarter, the kingdom’s finance ministry said on Monday as expenditures climbed. The kingdom’s total spending reached 371 billion riyals in Q4, up from 358.4 billion riyals in Q3. Total revenues increased to 276 billion riyals in Q4, compared to 269 billion in the previous quarter. A ramp up in oil production in the world’s top oil exporter helped lift revenue from oil to 154.185 billion riyals in Q4 from 150.816 billion riyals in Q3, but total oil revenue was down 20% in 2025 from the previous year. Non-oil revenue meanwhile jumped to 122.6 billion riyals in Q4, from 119 billion riyals in the third quarter, but growth was almost flat over the full year from 2024. Pakistan invites Saudi Arabia to invest in M-10 Motorway Saudi Arabia has maintained an expansionary fiscal policy to support economic diversification under Vision 2030, even as oil price volatility pressures the budget. The Gulf kingdom’s 2025 budget deficit was at 276 billion riyals, more than the expected deficit of 245 billion, which had been significantly revised upwards from initial estimates. Total debt at the end of 2025 stood at 1.52 trillion riyals, up from 1.22 trillion at the end of 2024, as the kingdom borrows to plug the deficit. [...]

KSE-100 Index closes over 3% lower as selling grips bourse
February 23, 2026 3:15
KSE-100 Index closes over 3% lower as selling grips bourse

The Pakistan Stock Exchange (PSX) endured a sharply negative session, as the benchmark KSE-100 Index shed nearly 5,500 points amid persistent selling pressure on Monday. After a relatively steady start, hitting an intra-day high of 174,336.85, the benchmark index gradually slipped into the red, reflecting cautious investor sentiment. Selling intensified in the early afternoon, dragging the KSE-100 Index below key psychological levels, triggering a steeper decline. Although a slight recovery was seen towards the close, it remained modest amid strong bearish momentum and heightened volatility. At close, the benchmark index settled at 167,691.08, down 5,478.63 points or 3.16%. “The selling pressure is due to uncertainty on the geopolitical front, alongside this being a rollover week,” said Sana Tawfik, Head of Research at Arif Habib Limited (AHL), while speaking to Business Recorder. Analysts also attributed the decline to a fresh wave of uncertainty regarding US trade policy after US President Donald Trump announced a new rate of global tariffs. Over the weekend, Trump announced a new 10% rate and then lifted it to 15%. “During the trading day, the index fluctuated within the range of 174,336 to 166,886 points, largely influenced by rollover-week dynamics,” said Topline Securities in its market review. Index-heavy constituents—including Fauji Fertilizer Company (FFC), Lucky Cement (LUCK), Engro Holdings (ENGROH), National Bank of Pakistan (NBP), and Habib Bank Limited (HBL)—emerged as the principal laggards, collectively dragging the benchmark down by 1,797 points during the session, added the brokerage house. During the previous week, escalating geopolitical tensions between the United States and Iran triggered a sharp risk-off reaction across global financial markets, with Pakistan’s equity benchmark suffering a pronounced correction amid heightened uncertainty and rising oil prices. The KSE-100 Index at the PSX fell 6,434.02 points, or 3.6% week-on-week, to close at 173,169.70 points, marking one of the steepest weekly declines in recent sessions. Globally, Wall Street futures and the dollar slid in Asia on Monday as confusion over US tariffs revived the “sell America” trade, while confidence in the entire AI sector was set to be tested by results from tech-diva Nvidia this week. Gold gained, and oil prices eased ahead of another round of talks between the United States and Iran due in Geneva on Thursday, with the risk of US military strikes lingering if a deal is not done. Uncertainty loomed large after the US Supreme Court struck down President Donald Trump’s emergency tariffs, leading him to announce a new 10% rate on the rest of the world, only to then lift it to 15% in a move that even seemed to surprise some of his own officials. It was not yet clear when these tariffs would be imposed, what might be excluded and whether every country would be slapped with 15%. Some, including the UK and Australia, had 10% tariff rates under the former rules, while many countries in Asia had higher rates. With so much up in the air, Asian markets were mixed, with MSCI’s broadest index of Asia-Pacific shares outside Japan up 0.8% in light trade. Japan’s Nikkei was shut for a holiday, but futures traded down 1.0% at 56,605 versus a cash close of 56,825. The chance of lower tariffs helped South Korea extend its bull run with a 1.2% rise, having already jumped 5.5% last week to all-time highs. Taiwan followed with a rise of 1.2% to a record peak. Meanwhile, the Pakistani rupee registered a marginal gain against the US dollar in the inter-bank market on Monday. At close, the local currency settled at 279.55, a gain of Re0.01 against the greenback. Volume on the all-share index declined to 461.26 million from 537.64 million recorded in the previous close. However, the value of shares increased to Rs24.93 billion from Rs23.79 billion in the previous session. K-Electric Ltd was the volume leader with 36.06 million shares, followed by WorldCall Telecom with 33.67 million shares, and B.O.Punjab with 26.67 million shares. Shares of 479 companies were traded on Monday, of which 42 registered an increase, 389 recorded a fall, and 48 remained unchanged. [...]

Indian bonds tick higher as US-Iran jitters ease, but hefty debt sales loom
February 23, 2026 2:39
Indian bonds tick higher as US-Iran jitters ease, but hefty debt sales loom

MUMBAI: Indian government bonds edged higher on Monday as geopolitical jitters ebbed ahead of a third round of U.S.-Iran nuclear talks, though heavy debt supply due this week capped gains. The benchmark 6.48% 2035 bond yield settled at 6.6970%, down from 6.7215% on Friday, snapping a two-day rise. Bond yields move inversely to prices. Geopolitical worries had weighed on sentiment last week after U.S. President Donald Trump issued fresh warnings, urging Iran to strike a nuclear deal, setting a 10–15-day deadline. The standoff sent Brent crude futures to about six-month highs. Higher crude prices are a key risk for net energy-importer India. Indian traders cut risk on Friday ahead of the weekend on fears of an escalation. “No further escalation in the Middle East over the weekend led to some short covering,” a private bank trader said. Iran’s comments that it was prepared to make concessions in talks with the U.S. in exchange for sanctions relief and recognition of its right to enrich uranium helped ease concerns over potential conflict. Brent fell about 1% on Monday and was last at $71.28. With the risk mood improving, some buying emerged at key technical levels. “There were buyers near 6.72–6.73% levels on the 10-year,” said Alok Sharma, head of treasury at ICBC, Mumbai. Attention now turns to supply. Indian states will raise 445.5 billion rupees ($4.91 billion) in their biggest weekly debt sale on Tuesday, while New Delhi will auction the benchmark 10-year note on Friday. Rates India’s overnight index swap (OIS) rates eased as geopolitical concerns receded, with traders eyeing steepener positions between the short and long ends. The one-year OIS rate fell 3 bps to 5.49%. The two-year was down 4 bps at 5.6050%, and the five-year fell 5.5 bps to 6.0375%. [...]

US to make tariff decision on solar panels from India, Indonesia and Laos
February 23, 2026 2:37
US to make tariff decision on solar panels from India, Indonesia and Laos

The U.S. Commerce Department on Monday will reveal a preliminary decision on whether to impose anti-subsidy duties on solar cells and panels imported from India, Laos and Indonesia. The announcement is the first of two expected by the agency in the coming weeks in a trade case brought by a group representing a portion of the small U.S. solar manufacturing sector. Commerce is likely to make final determinations later this year. Monday’s decision on countervailing duties will consider whether companies operating in the three countries received unfair government subsidies that make American products uncompetitive. Commerce is set to make a separate decision next month on whether those companies flooded the U.S. market at prices below their cost of production. India delays US trade talks after Supreme Court rejects Trump tariffs The Alliance for American Solar Manufacturing and Trade includes South Korea’s Hanwha Qcells and Arizona-based First Solar, which are seeking to protect billions of dollars in investments in U.S. factories. The group’s petition, filed in July, accuses Chinese companies of shifting production from nations that received U.S. tariffs to Indonesia and Laos, and also accuses Indian-headquartered manufacturers of dumping cheap goods in the United States. The group has succeeded previously in winning tariffs on imports from countries in Southeast Asia including Malaysia, Cambodia, Vietnam and Thailand. [...]

Indian telecom firm Bharti Airtel to invest $2.2 billion to expand digital lending
February 23, 2026 2:31
Indian telecom firm Bharti Airtel to invest $2.2 billion to expand digital lending

Bharti Airtel will invest 200 billion rupees ($2.2 billion) in its financial arm over the next few years, India’s second-largest mobile carrier by number of users said on Monday, as it steps up its push into digital lending. The capital will be infused into its subsidiary, Airtel Money, which received a non-banking financial company (NBFC) license from the Reserve Bank of India on February 13. Airtel’s expansion comes as competition intensifies in India’s non-bank lending sector, where conglomerates such as Jio Financial Services and established players like Bajaj Finance are scaling up retail credit operations. The move strengthens Airtel’s financial services business as it diversifies beyond telecom into areas such as data centres, cloud and enterprise services. India’s Bharti Telecom to open $1.7bn mega bond issue next week, bankers say The telecom major will contribute 70% of the 200 billion Indian rupees capital, with key shareholder Bharti Enterprises providing the remaining, Airtel said in a press release. The move “will leverage the large Airtel customer base to build the next growth engine for the company and further diversify its portfolio,” it added. [...]

Sri Lankan shares close largely flat
February 23, 2026 2:23
Sri Lankan shares close largely flat

Sri Lankan shares closed nearly unchanged on Monday as investors awaited national inflation data. The CSE All Share index settled up 0.04% at 23,783.02. Industrial Asphalts and Kerner Haus Global were the top percentage gainers on the CSE All Share index, rising 25% and 24.2%, respectively. Sri Lanka’s consumer prices climbed 2.4% year-on-year in January, after rising 2.9% in December, the statistics department said on Monday. Trading volume on the CSE All Share index fell to 97.4 million shares from 138.8 million in the previous session. The equity market’s turnover fell to 2.56 billion Sri Lankan rupees ($8.28 million) from 3.89 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 87 million rupees, while domestic investors were net buyers, purchasing shares worth 2.53 billion rupees, the data showed. [...]

Indian state chief minister says IDFC First Bank delayed acting on suspected fraud
February 23, 2026 2:20
Indian state chief minister says IDFC First Bank delayed acting on suspected fraud

MUMBAI: Indian private lender IDFC First Bank delayed acting on suspected fraudulent activity in government accounts, chief minister of the northern state of Haryana said on Monday. The bank disclosed on Saturday suspected fraudulent transactions totaling 5.9 billion Indian rupees ($65 million) in accounts linked to the Haryana state government, which led to the suspension of four employees and a forensic audit by KPMG. Shares of the bank plunged on Monday. Nayab Singh Saini, chief minister of Haryana, told the state legislative assembly that the discrepancies were first detected in January, according to a statement. The government instructed the bank to close the accounts and transfer the funds along with interest to another lender but IDFC First did not do so, Saini said. IDFC First Bank probes suspected $65mn fraud in accounts of government entities The instructions were issued again at the end of January, after which “more serious” discrepancies were detected in February, when inconsistencies were found between the documents provided by the bank and government records, Saini said. The bank accounts saw multiple transactions without state approval over the past 3 months, the minister said, without providing exact details on the number of accounts or the quantum of funds moved. On February 18, the state finance department ordered the closure of all accounts held with IDFC First Bank, according to the statement. Haryana has referred the matter to State Vigilance & Anti-Corruption Bureau for investigation, Saini said. Another lender, AU Small Finance Bank, has also been dropped from the list of banks that operate Haryana government accounts, the government said, without giving a reason. AU Small Finance has acknowledged the receipt of queries from the state government but has ruled out fraud. Emails to IDFC First Bank and AU Small Finance Bank seeking responses to the state’s comments were not immediately answered. [...]

Oil hovers near six-month high with nuclear talks and US tariffs in focus
February 23, 2026 2:10
Oil hovers near six-month high with nuclear talks and US tariffs in focus

LONDON: Oil prices steadied near a six-month high on Monday as the U.S. and Iran prepared for a third round of nuclear talks while increased economic uncertainty was also in focus after the latest U.S. tariff upheaval. Brent crude futures were up 9 cents at $71.85 a barrel by 1308 GMT while U.S. West Texas Intermediate crude gained 15 cents to $66.63. Growing concern over potential military conflict between the U.S. and Iran pushed Brent prices up more than 5% last week to their highest since July 2025 at $72.34. “With the next, and possibly last, round of the Iranian nuclear talks not until Thursday, focus is on the U.S. Supreme Court’s decision to strike down import tariffs and the subsequent reaction from the government,” said PVM Oil Associates analyst Tamas Varga. The U.S. Customs and Border Protection agency said it would halt collections of tariffs imposed under the International Emergency Economic Powers Act at 12:01 a.m. EST (0501 GMT) on Tuesday. However, Trump said on Saturday that he would raise a temporary tariff from 10% to 15% on U.S. imports from all countries, the maximum allowed under the law, after the U.S. Supreme Court struck down his previous tariff programme. “This morning’s weakness is a defensive move, and needless to say, with the uncertainty surrounding a U.S. military intervention in Iran, the ongoing Russian-Ukrainian war and now the U.S. Supreme Court’s decision, oil price direction is not (clear), but volatility is guaranteed,” PVM’s Varga said. Iran has indicated it is prepared to make concessions on its nuclear programme in return for the lifting of sanctions and recognition of its right to enrich uranium, a senior Iranian official told Reuters ahead of Thursday’s third round of nuclear talks between the two nations. While prices on paper had moved higher, softer prompt spreads and weaker physical differentials pointed to pricing being based on geopolitical concerns rather than an actual lack of oil in the market, Morgan Stanley analysts said in a note. [...]

Wall St on pace for lower open as tariff uncertainty curbs risk appetite
February 23, 2026 2:03
Wall St on pace for lower open as tariff uncertainty curbs risk appetite

Wall Street’s main indexes were set to open lower on Monday as renewed tariff uncertainty unnerved investors after President Donald Trump announced a new 15% duty following a Supreme Court ruling that struck down his broader levies. The Supreme Court, in a 6-3 ruling on Friday, voided most of the tariffs Trump imposed last year, finding that the emergency law he relied on did not allow the imposition of tariffs. Using a different statute, Trump announced first a 10%, then a 15%, global levy that could last five months while the administration searches for more durable workarounds. All three main stock indexes clocked weekly gains on Friday as markets took the Supreme Court’s decision in stride, with the Nasdaq snapping a five-week losing streak. “The market is just experiencing some profit-taking as traders realize that the relief rally from Friday may be premature. You simply can’t bet against Trump. He wants tariffs, and he’s going to find a way to implement them,” said Thomas Hayes, chairman at Great Hill Capital LLC. At 08:18 a.m. ET, Dow E-minis were down 239 points, or 0.48%, S&P 500 E-minis were down 29.75 points, or 0.43%, and Nasdaq 100 E-minis were down 142 points, or 0.57%. Most megacap and growth stocks were lower in premarket trading, though Alphabet bucked the trend with a 0.5% gain after rising around 4% on Friday. Nvidia inched 0.3% higher ahead of quarterly earnings due on Wednesday, with the tech-heavy U.S. markets facing a major test as commentary from the world’s largest company by market capitalization could offer key insight about the AI sector that has been hit by growing investor skepticism. High stock valuations and AI disruption fears have lately pressured technology and other sectors, as investors question if massive AI spending is paying off. Earnings from major software firms including Salesforce and Intuit will be on the radar later this week, given that the S&P 500 software and services index has slumped more than 20% this year amid growing AI disruption fears. Among other movers on Monday, Eli Lilly rose 2.9% after rival Novo Nordisk’s obesity drug fell short against Lilly’s drug in a Copenhagen trial. Merck edged 0.6% higher after the drugmaker said it will split its human-health business into two divisions. Domino’s Pizza climbed 5.6% after the fast-food chain beat Wall Street estimates for fourth-quarter U.S. same-store sales. Cryptocurrency and blockchain-related stocks dropped as bitcoin lost around 2%, with exchange operator Coinbase Global and crypto hoarder Strategy falling around 2% each. Gold and silver miners were broadly higher as prices of both precious metals gained. Top gold miner Newmont climbed 1.2% while silver miner Hecla Mining added 2%. Meanwhile, Federal Reserve Governor Christopher Waller said he was open to leaving interest rates on hold at the Fed’s March meeting if upcoming February jobs data indicates the U.S. labor market had “pivoted to a more solid footing” after a weak 2025. Traders currently expect the Fed to make its next move on rate cuts in June, according to the CME FedWatch Tool. [...]

Copper retreats from one-week high as inventories rise, confusion swirls on tariffs
February 23, 2026 2:00
Copper retreats from one-week high as inventories rise, confusion swirls on tariffs

LONDON: Copper prices pulled back on Monday as inventories extended their rise and investors puzzled over the future of U.S. tariffs and Chinese trading ahead of reopening after a holiday. Benchmark three-month copper on the London Metal Exchange fell 0.4% to $12,913 a metric ton in official open-outcry trading after hitting a more than one-week high of $13,050 earlier in the session. LME copper has rebounded nearly 4% over the past four sessions, but is still well below a record peak of $14,527.50 hit on January 29. “The fact that there are more visible inventories outside of the U.S. is a bit of a dampener, that may indicate a bit of softness in demand,” said Nitesh Shah, commodity strategist at WisdomTree. “But it’s always hard knowing whether it’s inventory that’s going from off-exchange (warehouses) to exchange or simply just a weakening of overall demand.” Copper stocks in LME-approved warehouses rose 6,675 tons to 241,825 tons, data showed on Monday, the highest since March 2025, having surged 70% so far this year. Metals along with the dollar and equity markets were hit by uncertainty after the U.S. Supreme Court struck down President Donald Trump’s emergency tariffs on Friday, leading him to quickly announce a new temporary tariff of 15% on U.S. imports from all countries. Traders were also waiting for the Shanghai Futures Exchange, which has been closed for the Lunar New Year holiday, to reopen on Tuesday. “A big thing is what the Chinese are going to do when they come back in, whether there’s going to be some extra domestic demand, because that’s been lacking. We’ll have to wait and see on that one,” said Robert Montefusco at Sucden Financial. LME nickel climbed 1.2% to $17,560 a ton in official activity after an official of top producer Indonesia said it was considering revoking the environmental permit of a company after a landslide hit a mine waste zone at its nickel processing hub. In other metals, LME aluminium slipped 0.2% to $3,096 a ton, zinc fell 0.9% to $3,353, lead lost 0.4% to $1,958, while tin advanced 1.9% to $47,425. [...]

Most Gulf equities edge higher amid US-Iran nuclear talks
February 23, 2026 1:57
Most Gulf equities edge higher amid US-Iran nuclear talks

BANGALORE: Major Gulf stock markets edged higher on Monday as Iran and the U.S. prepared to hold a third round of nuclear talks, raising hopes the longtime adversaries could find a way to step back from direct confrontation. Saudi Arabia’s benchmark index finished 0.3% higher in a volatile session, recovering slightly from a near 2% drop in the previous session. Al Rajhi Bank, the world’s largest Islamic lender, gained 1.3%, reversing some losses after a sharp 2.9% decline on Thursday, its worst in nearly five months. Energy giant Saudi Aramco  advanced 1.1%. Trade sources reported that the company sold several shipments of ultra-light crude oil from its $100 billion Jafurah gas plant to U.S. firms and an Indian refiner, ahead of its first export later this month. Dubai’s main share index climbed 1.8%, ending a two-day losing streak in a broad-based rally, led by a 3.7% gain in blue-chip developer Emaar Properties and a 2.9% leap in Emirates NBD Bank . Emirates Central Cooling Systems Corporation climbed 2.3% after announcing a contract award for the design of its fifth district cooling plant in Dubai’s Business Bay. A positive fourth-quarter earnings season, and the prospect of an easing in geopolitical tensions could strengthen investor sentiment, allowing markets to climb further, said Daniel Takieddine, Co-founder and CEO of Sky Links Capital Group. In Abu Dhabi, the index gained 0.6%, following two consecutive sessions of profit-taking from record highs. Abu Dhabi Commercial Bank edged 0.4% higher, while Alpha Dhabi Holding climbed over 2%. Qatar’s benchmark rose 1.1%, marking its strongest one-day gain in nearly a month, supported by banking stocks. Qatar National Bank , the largest lender in the region, climbed 2.2%, its best daily performance since mid-October. Outside the Gulf, Egypt’s blue-chip index climbed 2.6% with all sectors closing in the green, buoyed by optimism after the International Monetary Fund said its board would meet on February 25 to review Egypt’s Extended Fund Facility programme, a move that could unlock $2.3 billion in disbursements. Commercial International Bank , Egypt’s leading private lender, rose 3.3%, while Talaat Moustafa Group jumped 2.7%. The real estate developer posted a 43% jump in full-year profits and was promoted to the Mid Cap Segment within the FTSE Russell Global Equity Index Series. Saudi Arabia rose 0.3% to 10,984Abu Dhabi advanced 0.6% to 10,639Dubai gained 1.8% to 6,711Qatar climbed 1.1% to 11,282Egypt jumped 2.6% to 50,870Bahrain shed 0.2% to 2,058Oman eased 0.6% to 7,177Kuwait added 0.4% to 9,235 [...]

Indian shares gain on US tariff relief, IT firms extend losses
February 23, 2026 12:25
Indian shares gain on US tariff relief, IT firms extend losses

Indian equity benchmarks rose on Monday after the U.S. Supreme Court struck down President Donald Trump’s sweeping tariffs, but the gains were capped as persistent concerns over the disruption from AI kept IT shares under pressure. While Trump has imposed a new temporary 15% tariff on imports from all countries, India has delayed plans to send a trade delegation to Washington this week, Reuters reported, citing a source in the trade ministry. The delegation had been set to leave for talks to finalise an interim trade deal with U.S. tariffs on Indian goods set to be cut to 18%. “India’s effective tariff rate is now likely to be 11-13%. This compares favorably to China, whose effective rate is likely to be above 15%, while most other Asian peers will have similar effective tariff rates to that of India,” Emkay Global Financial Services said. The benchmark Nifty 50 closed 0.55% higher at 25,713, and the BSE Sensex added 0.58% to 83,294.66. The broader small-caps rose 0.3%, while mid-caps lost 0.4%. Thirteen of the 16 major sectors rose with heavy-weight financials and state-owned banks adding 0.9% and 1.4%, respectively. The IT index lost 1.4%, taking its year-to-date drop to 16.7%. Jefferies downgraded six Indian IT companies, including TCS and Infosys, on concerns about likely structural changes to IT business due to AI tools. Infosys and Wipro dropped 1.9% each, while Mphasis and Coforge shed 2.7% and 3.9%, respectively. IDFC First Bank tumbled 16.1% and was the biggest loser among Nifty 500 companies after the lender said it was investigating a suspected fraud of $65 million by some employees involving accounts of government entities in the northern state of Haryana. AU Small Finance Bank slid 5.2% after it was dropped from a list of banks that do business with the Haryana government. [...]

Rupee inches up against US dollar
February 23, 2026 4:22
Rupee inches up against US dollar

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At close, the local currency settled at 279.55, a gain of Re0.01 against the greenback. On Friday, the local currency closed at 279.56 against the dollar. Meanwhile, the dollar fell on Monday as traders took the US Supreme Court’s decision to strike down most of President Donald Trump’s tariffs as supportive for global growth, though confusion and risk of conflict in the Middle East kept moves relatively small. The euro was up 0.4% to $1.1823, and sterling rose by a similar margin to $1.3521 early in Asian trade, which was lightened a little by a holiday in Japan and China’s Lunar New Year break. The dollar fell 0.4% to 154.42 yen. The Supreme Court found on Friday that Trump’s sweeping tariffs exceeded his authority. Trump has responded by lashing out at the court and imposing a blanket 15% levy on imports, as well as insisting that higher-tariff deals with trade partners should stay. Oil prices, a key indicator of currency parity, reached a six-month high on Monday as the US and Iran prepared for a third round of nuclear talks while increased economic uncertainty was also in focus after the latest US tariff upheaval. Brent crude futures were up 62 cents or nearly 0.9% at $72.38 a barrel, a fresh six-month high, by 1432 GMT while US West Texas Intermediate crude gained 69 cents or 1% to $67.17. Inter-bank market rates for dollar on Monday BID Rs 279.55 OFFER Rs 279.75 Open-market movement In the open market, the PKR gained 1 paisa for buying and remained unchanged for selling against USD, closing at 280.03 and 280.62, respectively. Against Euro, the PKR lost 1.53 rupee for buying and 1.42 rupee for selling, closing at 330.48 and 333.32, respectively. Against UAE Dirham, the PKR gained 2 paise for buying and 3 paise for selling, closing at 76.43 and 77.16, respectively. Against Saudi Riyal, the PKR gained 1 paisa for buying and lost 1 paisa for selling, closing at 74.74 and 75.35, respectively. Open-market rates for dollar on Monday BID Rs 280.03 OFFER Rs 280.62 [...]

Cuban FM accuses US of trying to create ‘humanitarian catastrophe’
February 23, 2026 4:14
Cuban FM accuses US of trying to create ‘humanitarian catastrophe’

GENEVA: Cuban Foreign Minister Bruno Rodriguez on Monday accused the United States of trying to trigger a “humanitarian catastrophe” in his country with an oil blockade he called an “aggressive escalation”. US President Donald Trump cut off key supplies of Venezuelan oil to Cuba after ousting Venezuela’s president Nicolas Maduro, and has threatened sanctions on states that sell oil to Havana. The United States “now imposes an energy blockade and intends to create a humanitarian catastrophe, using as a pretext the absurd assertion that Cuba constitutes an unusual and extraordinary threat to its national security,” Rodriguez told the Conference on Disarmament in Geneva. Cuba, under a US trade embargo since 1962, has for years battled extended power cuts and shortages of fuel, medicine and food, even before the Caribbean country of 9.6 million people lost its main oil supplier last month. READ MORE: US may make a deal on Cuba, Trump says “These are criminal and illegal actions, constituting a ruthless collective punishment of the Cuban people,” said Rodriguez. At the end of January, Trump described the Cuban government as an “extraordinary threat” to US national security. “Cuba does not threaten the United States or any other country,” insisted Rodriguez. “It is not Cuba that applies Monroe Doctrine national security and national defence strategies with the open purpose of domination, nor is it the country that deploys military forces and violates the sovereignty and territorial integrity of other states.” Trump described the raid to seize Maduro as an update of the Monroe Doctrine – the 1823 declaration by US president James Monroe that Latin America was closed to other powers. “Remaining impassive in the face of these attempts to impose a global tyranny puts all states at risk without exception,” said Rodriguez. “Cuba does not attack anyone, but will firmly defend its sovereignty and independence,” he added. Speaking later at the UN Human Rights Council in Geneva, Rodriguez said Cuba would prevent a humanitarian crisis, “although we will have to endure deprivation and hardships”. On February 13, the UN human rights office said it was “extremely worried about Cuba’s deepening socio-economic crisis”. Last week, Trump said Cuba had become “a failed nation” and called for Havana to make a deal with the United States. [...]

Liverpool boss Slot encouraged by Mac Allister’s return to form
February 23, 2026 4:08
Liverpool boss Slot encouraged by Mac Allister’s return to form

NOTTINGHAM: Liverpool manager Arne Slot believes Alexis Mac Allister is regaining his best form following the attacking midfielder’s last-gasp winning goal at Nottingham Forest. Mac Allister struck deep in added time at the City Ground on Sunday to secure a 1-0 win for the Premier League champions. The Argentina international sealed victory by pouncing on a loose ball from close range just minutes after he had a goal ruled out by VAR. “I think what he needed is what he showed in the last six, seven or eight games - a run of games where he’s getting back to his usual level that he showed so many times last season,” said Slot. READ MORE: MLS will not discipline Lionel Messi for post-match actions “And he had that level also in the first half of the season but it went a bit with ups and downs, as the team went in terms of performances with ups and downs. “But I see much more consistency recently – not only in Macca’s performance but in the team performance and many individual performances. “But I think it’s always nice for a player to score, especially if it’s in extra time of extra time.” The Dutch boss, whose side are now just outside the Champions League places on goal difference alone following a run of poor results, added: “We needed this goal, we needed that win to be on the right side of things once in a while because we’ve been so, so unlucky this season. “And for the first time, at least it felt to me for the first time, we’ve been a bit lucky this season.” [...]

World champions South Africa announce eight home Tests for 2026/27
February 23, 2026 4:00
World champions South Africa announce eight home Tests for 2026/27

CENTURION: World champions South Africa will play eight Test matches at home in the 2026/27 season, Cricket South Africa announced on Monday. South Africa, who beat Australia in the 2023-2025 Test championship final at Lord’s in England last year, did not play a single home Test match during the current 2025/26 season. But they will play three Tests against Australia, two against Bangladesh and three against England in the coming season with all three series counting towards the 2025-2027 World Test Championship. South Africa are currently in third place in the standings after sharing a series 1-1 in Pakistan and beating India 2-0 in India. The Tests against Australia will all be at coastal venues - Durban, Gqeberha and Cape Town - starting on October 3. READ MORE: World Test Championship format needs revamping despite riveting final The Bangladesh series will be played in Johannesburg and Centurion during November, while England will be the visitors over the holiday period of December and January. The England Tests will be in Johannesburg, Centurion and Cape Town. All three tours will also include three-match one-day internationals series, while Bangladesh will also play three T20 internationals. England were also due to play a T20 series but it will be rescheduled because of a clash with the SA20 franchise competition. CSA chief executive Pholetsi Moseki said the Test and one-day series were both particularly important for the South African team. “We have made a promising start to the new World Test Championship cycle and it is important that we continue to build on that momentum and strengthen our position on the WTC table. “On the white-ball front, our focus remains firmly on building towards hosting the ICC men’s Cricket World Cup in 2027. Every ODI series from here forms part of our preparation for that global event.” South Africa home fixtures 2026/27: Australia in South Africa: September 24: 1st ODI, Durban September 27: 2nd ODI, Johannesburg September 30: 3rd ODI, Potchefstroom October 9-13: 1st, Durban October 18-22: 2nd Test, Gqeberha October 27-31: 3rd Test, Cape Town Bangladesh in South Africa: November 15-19: 1st Test, Johannesburg November 23-27: 2nd Test, Centurion December 1: 1st ODI, East London December 4: 2nd ODI, Gqeberha December 7: 3rd ODI, Cape Town December 10: 1st T20, Kimberley December 12: 2nd T20, Benoni December 13: 3rd T20, Centurion England in South Africa: December 17-21: 1st Test, Johannesburg December 26-30: 2nd Test, Centurion January 3-7: 3rd Test, Cape Town January 10: 1st ODI, Paarl January 13: 2nd ODI, Bloemfontein January 15: 3rd ODI, Bloemfontein [...]

Tudor says Tottenham can still beat the drop despite Arsenal loss
February 23, 2026 3:43
Tudor says Tottenham can still beat the drop despite Arsenal loss

LONDON: Igor Tudor believes there is still enough time for his Tottenham Hotspur side to avoid relegation from the Premier League provided they “stay humble”. Spurs were overwhelmed 4-1 at home to league leaders and arch-rivals Arsenal in a lopsided north London derby, with Sunday’s defeat leaving them 16th in the table and just four points above the bottom three. A woeful run of two league wins in 17 games under Thomas Frank saw the Dane sacked as Spurs manager earlier this month, with Tudor brought in to replicate the kind of mid-season recovery he managed with Italian sides Juventus and Lazio. Tottenham last played outside the English top flight in the 1977/78 season and Tudor, following his first game in charge, insisted that they could avoid dropping down to the second-tier this term. READ MORE: MLS will not discipline Lionel Messi for post-match actions “Of course there is enough time,” Tudor said. “I saw the passion, I saw the will, so I was not angry, because they wanted to do (it), but then they were not able to do in this moment the things” they need to do. “I speak from day one at the club, I come here to resolve the problems.” The 47-year-old Croat added: “Stay humble, that is the key for each of us and try to become what I said before – a team, a squad, a hard-working team. That is the only goal we have now in this moment.” [...]

SECP clarifies misreported data on dissolution of foreign companies
February 23, 2026 3:15
SECP clarifies misreported data on dissolution of foreign companies

The Securities and Exchange Commission of Pakistan (SECP) on Monday clarified that certain media reports have inaccurately interpreted data regarding ceased foreign companies available on its website, stating that the reports do not reflect the factual position, particularly with regard to the year of cessation. In a statement, the regulator said the list published on its website clearly specifies the year of cessation against each company’s name to ensure transparency and accuracy of information. The SECP said only 19 foreign companies ceased operations in Pakistan during 2022–2025, while 79 new foreign companies were registered during the same period. It further clarified that the figure of 125 foreign companies, cited in some media reports, represents the total number of companies that have ceased operations since 1977 to date, and does not pertain to the last three years alone. Additionally, the commission said foreign investment was recorded in 82 local companies in the last month alone. These investments originated from multiple jurisdictions, including China, the United States, Australia, Turkey, the United Kingdom, South Africa, Denmark, Germany, Malaysia, South Korea and Spain. As of February 2026, a total of 1,157 foreign companies remain registered with the SECP, reflecting sustained foreign business presence and continued confidence in Pakistan’s regulatory environment, the statement added. [...]

Four terrorists killed in DI Khan IBO: ISPR
February 23, 2026 2:58
Four terrorists killed in DI Khan IBO: ISPR

Security forces killed four terrorists during an intelligence-based operation (IBO) in Dera Ismail Khan district on Monday, the military’s media wing said. According to the Inter-Services Public Relations (ISPR), the operation was conducted on the reported presence of terrorists belonging to what it termed as “Indian proxy, Fitna al Khwarij.” “During the conduct of the operation, own troops effectively engaged the khwarij location and after an intense fire exchange, four khwarij were sent to hell,” the ISPR said in a statement. Weapons and ammunition were also recovered from the killed terrorists, who, the statement added, had remained actively involved in numerous terrorist activities in the area. READ MORE: 133 terrorists killed in Balochistan operations over two days: ISPR A sanitisation operation was under way to eliminate any other terrorists found in the vicinity, it said. The ISPR reiterated that the counter-terrorism campaign under the vision “Azm-e-Istehkam,” approved by the Federal Apex Committee on the National Action Plan, would continue at full pace to wipe out the menace of foreign-sponsored and supported terrorism from the country. [...]

Indian bonds tick higher as US-Iran jitters ease, but hefty debt sales loom
February 23, 2026 2:39
Indian bonds tick higher as US-Iran jitters ease, but hefty debt sales loom

MUMBAI: Indian government bonds edged higher on Monday as geopolitical jitters ebbed ahead of a third round of U.S.-Iran nuclear talks, though heavy debt supply due this week capped gains. The benchmark 6.48% 2035 bond yield settled at 6.6970%, down from 6.7215% on Friday, snapping a two-day rise. Bond yields move inversely to prices. Geopolitical worries had weighed on sentiment last week after U.S. President Donald Trump issued fresh warnings, urging Iran to strike a nuclear deal, setting a 10–15-day deadline. The standoff sent Brent crude futures to about six-month highs. Higher crude prices are a key risk for net energy-importer India. Indian traders cut risk on Friday ahead of the weekend on fears of an escalation. “No further escalation in the Middle East over the weekend led to some short covering,” a private bank trader said. Iran’s comments that it was prepared to make concessions in talks with the U.S. in exchange for sanctions relief and recognition of its right to enrich uranium helped ease concerns over potential conflict. Brent fell about 1% on Monday and was last at $71.28. With the risk mood improving, some buying emerged at key technical levels. “There were buyers near 6.72–6.73% levels on the 10-year,” said Alok Sharma, head of treasury at ICBC, Mumbai. Attention now turns to supply. Indian states will raise 445.5 billion rupees ($4.91 billion) in their biggest weekly debt sale on Tuesday, while New Delhi will auction the benchmark 10-year note on Friday. Rates India’s overnight index swap (OIS) rates eased as geopolitical concerns receded, with traders eyeing steepener positions between the short and long ends. The one-year OIS rate fell 3 bps to 5.49%. The two-year was down 4 bps at 5.6050%, and the five-year fell 5.5 bps to 6.0375%. [...]

US to make tariff decision on solar panels from India, Indonesia and Laos
February 23, 2026 2:37
US to make tariff decision on solar panels from India, Indonesia and Laos

The U.S. Commerce Department on Monday will reveal a preliminary decision on whether to impose anti-subsidy duties on solar cells and panels imported from India, Laos and Indonesia. The announcement is the first of two expected by the agency in the coming weeks in a trade case brought by a group representing a portion of the small U.S. solar manufacturing sector. Commerce is likely to make final determinations later this year. Monday’s decision on countervailing duties will consider whether companies operating in the three countries received unfair government subsidies that make American products uncompetitive. Commerce is set to make a separate decision next month on whether those companies flooded the U.S. market at prices below their cost of production. India delays US trade talks after Supreme Court rejects Trump tariffs The Alliance for American Solar Manufacturing and Trade includes South Korea’s Hanwha Qcells and Arizona-based First Solar, which are seeking to protect billions of dollars in investments in U.S. factories. The group’s petition, filed in July, accuses Chinese companies of shifting production from nations that received U.S. tariffs to Indonesia and Laos, and also accuses Indian-headquartered manufacturers of dumping cheap goods in the United States. The group has succeeded previously in winning tariffs on imports from countries in Southeast Asia including Malaysia, Cambodia, Vietnam and Thailand. [...]

Indian telecom firm Bharti Airtel to invest $2.2 billion to expand digital lending
February 23, 2026 2:31
Indian telecom firm Bharti Airtel to invest $2.2 billion to expand digital lending

Bharti Airtel will invest 200 billion rupees ($2.2 billion) in its financial arm over the next few years, India’s second-largest mobile carrier by number of users said on Monday, as it steps up its push into digital lending. The capital will be infused into its subsidiary, Airtel Money, which received a non-banking financial company (NBFC) license from the Reserve Bank of India on February 13. Airtel’s expansion comes as competition intensifies in India’s non-bank lending sector, where conglomerates such as Jio Financial Services and established players like Bajaj Finance are scaling up retail credit operations. The move strengthens Airtel’s financial services business as it diversifies beyond telecom into areas such as data centres, cloud and enterprise services. India’s Bharti Telecom to open $1.7bn mega bond issue next week, bankers say The telecom major will contribute 70% of the 200 billion Indian rupees capital, with key shareholder Bharti Enterprises providing the remaining, Airtel said in a press release. The move “will leverage the large Airtel customer base to build the next growth engine for the company and further diversify its portfolio,” it added. [...]

Sri Lankan shares close largely flat
February 23, 2026 2:23
Sri Lankan shares close largely flat

Sri Lankan shares closed nearly unchanged on Monday as investors awaited national inflation data. The CSE All Share index settled up 0.04% at 23,783.02. Industrial Asphalts and Kerner Haus Global were the top percentage gainers on the CSE All Share index, rising 25% and 24.2%, respectively. Sri Lanka’s consumer prices climbed 2.4% year-on-year in January, after rising 2.9% in December, the statistics department said on Monday. Trading volume on the CSE All Share index fell to 97.4 million shares from 138.8 million in the previous session. The equity market’s turnover fell to 2.56 billion Sri Lankan rupees ($8.28 million) from 3.89 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 87 million rupees, while domestic investors were net buyers, purchasing shares worth 2.53 billion rupees, the data showed. [...]

Indian state chief minister says IDFC First Bank delayed acting on suspected fraud
February 23, 2026 2:20
Indian state chief minister says IDFC First Bank delayed acting on suspected fraud

MUMBAI: Indian private lender IDFC First Bank delayed acting on suspected fraudulent activity in government accounts, chief minister of the northern state of Haryana said on Monday. The bank disclosed on Saturday suspected fraudulent transactions totaling 5.9 billion Indian rupees ($65 million) in accounts linked to the Haryana state government, which led to the suspension of four employees and a forensic audit by KPMG. Shares of the bank plunged on Monday. Nayab Singh Saini, chief minister of Haryana, told the state legislative assembly that the discrepancies were first detected in January, according to a statement. The government instructed the bank to close the accounts and transfer the funds along with interest to another lender but IDFC First did not do so, Saini said. IDFC First Bank probes suspected $65mn fraud in accounts of government entities The instructions were issued again at the end of January, after which “more serious” discrepancies were detected in February, when inconsistencies were found between the documents provided by the bank and government records, Saini said. The bank accounts saw multiple transactions without state approval over the past 3 months, the minister said, without providing exact details on the number of accounts or the quantum of funds moved. On February 18, the state finance department ordered the closure of all accounts held with IDFC First Bank, according to the statement. Haryana has referred the matter to State Vigilance & Anti-Corruption Bureau for investigation, Saini said. Another lender, AU Small Finance Bank, has also been dropped from the list of banks that operate Haryana government accounts, the government said, without giving a reason. AU Small Finance has acknowledged the receipt of queries from the state government but has ruled out fraud. Emails to IDFC First Bank and AU Small Finance Bank seeking responses to the state’s comments were not immediately answered. [...]

India tells citizens to leave Iran
February 23, 2026 2:16
India tells citizens to leave Iran

NEW DELHI: India’s foreign ministry urged its citizens on Monday to leave Iran, against a backdrop of fears of a possible US strike on Tehran. “In view of the evolving situation in Iran, Indian nationals who are currently in Iran… are advised to leave Iran by available means of transport, including commercial flights,” the Indian Embassy in Tehran said in a post on social media. India’s foreign ministry estimates there are usually around 10,000 citizens in Iran. “All Indian citizens and PIOs (people of Indian origin) should exercise due caution, avoid areas of protests or demonstrations, stay in contact with the Indian Embassy in Iran and monitor local media for any developments,” it added. The warning comes ahead of a planned visit by Indian Prime Minister Narendra Modi to Israel on Wednesday. Israeli Prime Minister Benjamin Netanyahu on Sunday said Modi’s visit would help forge a new alliance to counter what he described as “radical” adversaries. READ MORE: US strikes on Iran could target individual leaders, officials say Modi visited Israel as prime minister in 2017, before Netanyahu made a reciprocal visit to India the following year. Modi on Sunday said he was “looking forward” to discussions during the Israel visit. “India deeply values the enduring friendship with Israel, built on trust, innovation and a shared commitment to peace and progress,” Modi wrote in a post on social media. New Delhi has steadily expanded cooperation with Israel across defence, agriculture, technology and security. At the same time, India maintains strong relations with Gulf nations and Tehran, including developing Iran’s Chabahar port – a trade route to Afghanistan, where New Delhi has developed its relationship with Taliban authorities. [...]

Trump renews attack on US Supreme Court, vows other tariffs, licenses
February 23, 2026 2:15
Trump renews attack on US Supreme Court, vows other tariffs, licenses

WASHINGTON: President Donald Trump renewed his condemnation of the U.S. Supreme Court on Monday after it ruled against his sweeping tariff program last week, vowing to turn to other tariff powers and licenses but giving no details. “The court has also approved all other Tariffs, of which there are many, and they can all be used in a much more powerful and obnoxious way, with legal certainty, than the Tariffs as initially used,” he wrote in a social media post. Trump said on Saturday he would raise a temporary tariff from 10% to 15% on U.S. imports from all countries, the maximum level allowed under the law, a day after the court ruled that Trump had exceeded his presidential authority when he imposed an array of higher tariff rates under an economic emergency law. Trump furious after Supreme Court upends his global tariffs, imposes new 10% levy In his post Monday, Trump also pointed to the potential use of licenses to pressure countries, writing that “incomprehensibly, according to the ruling, (I) can’t charge them a License fee - BUT ALL LICENSES CHARGE FEES, why can’t the United States do so? You do a license to get a fee! The opinion doesn’t explain that, but I know the answer!” Wall Street futures and the dollar dropped early on Monday amid confusion over the U.S. trade policy, while oil prices initially fell over uncertainty for global growth and fuel demand over the latest tariff hike before being steadied by news of planned U.S.-Iran talks. The decision and Trump’s subsequent actions are already impacting his trade deals struck over the past year, with China urging Washington to scrap tariff measures, the European Union set to freeze its agreement and India delaying planned talks. US Supreme Court strikes down Trump’s global tariffs Trump used his social media post to again lash out against the justices who ruled against him, which included two who he had appointed during his first term in the White House. In its ruling, authored by conservative Chief Justice John Roberts, the court reasserted its power to check the power of the president. The president also expressed concern that the top court could rule against his administration’s bid to restrict birthright citizenship in its forthcoming decision in that case. [...]

UN chief decries global rise of ‘rule of force’
February 23, 2026 2:07
UN chief decries global rise of ‘rule of force’

GENEVA: The United Nations leader warned Monday that “the rule of force” was spreading, as the powerful trample on international law and wield artificial intelligence and other technologies to attack human rights. “Human rights are under a full-scale attack around the world,” Antonio Guterres told the opening of the UN Human Rights Council’s annual session in Geneva. “The rule of law is being outmuscled by the rule of force.” The UN secretary-general stressed that “this assault is not coming from the shadows, or by surprise. It is happening in plain sight – and often led by those who hold the greatest power”. He did not mention specific situations, although he did voice outrage at Russia’s war in Ukraine, where he said more than 15,000 civilians had been killed in four years of violence. “It is more than past time to end the bloodshed,” he said. Guterres also highlighted the “blatant violations of human rights, human dignity and international law in the Occupied Palestinian Territory”. He charged that the trajectory in the conflict-torn territories under Israeli occupation was “stark, clear and purposeful: the two-state solution is being stripped away in broad daylight”. “The international community cannot allow it to happen,” he insisted. Rights attacked ‘deliberately, strategically’ In his final in-person address to the UN’s top rights body, Guterres said the worst conflict-hit areas were not the only places where rights were eroding. READ MORE: Guterres warns UN risks ‘imminent financial collapse’ “Around the world, human rights are being pushed back deliberately, strategically and sometimes proudly,” he said. “We are living in a world where mass suffering is excused away, where humans are used as bargaining chips, where international law is treated as a mere inconvenience.” UN rights chief Volker Turk echoed the concerns. In a “deeply worrying trend”, he warned that “domination and supremacy are making a comeback”. “A fierce competition for power, control and resources is playing out on the world stage at a rate and intensity unseen for the past 80 years,” he warned. “The use of force to resolve disputes between and within countries is becoming normalised.” Turk highlighted how “the gears of global power are shifting”, calling for people to band together to protect rights and create “a strong counterbalance to the top-down, autocratic trends we see today”. ‘Democracies eroding’ While the UN says that conflicts are multiplying, impunity is spreading and humanitarian needs are exploding, its traditional top donor, Washington, has dramatically slashed its foreign aid spending since President Donald Trump’s returned to power last year. Other major donors have followed. READ MORE: UN chief Guterres warns ‘powerful forces’ undermining global ties “When human rights fall, everything else tumbles,” Guterres warned. The crisis of respect for human rights “mirrors and magnifies every other global fracture”, he said, pointing out that “inequalities are widening at staggering speed. At the same time, “climate chaos is accelerating, and technology, especially artificial intelligence, is increasingly being used in ways that suppress rights, deepen inequality and expose marginalised people to new forms of discrimination both online and offline”, he warned. Turk meanwhile lambasted leaders, without naming them, who seem to believe “that they are above the law, and above the UN Charter”. “They claim exceptional status, exceptional danger or exceptional moral judgement to pursue their own agenda at any cost,” he said, pointing to how “some weaponise their economic leverage”. “They spread disinformation to distract, silence and marginalise,” he charged. What is clear, Guterres warned, was that “across every front, those who are already vulnerable are being pushed further to the margins”. “Democracies eroding… migrants harassed, arrested and expelled with total disregard for their human rights and their humanity. Refugees scapegoated,” he pointed out. Guterres, who is to step down this year after a decade at the UN helm, called for urgent action to reverse the trend. “Do not let power write a new rulebook in which the vulnerable have no rights and the powerful have no limits,” he said. [...]

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... [...]

ICE agent misfired bullet into Minnesota hotel's guest room
February 23, 2026 3:06
ICE agent misfired bullet into Minnesota hotel's guest room

ICE agent misfired bullet into Minnesota hotel’s guest roomA retired federal agent rehired by US Immigration and Customs Enforcement sparked alarm at a Minnesota hotel after his gun reportedly misfired, sending a bullet through a wall and into a neighbouring room.The incident happened at a... [...]

Piers Morgan reacts to photo with Ghislaine Maxwell
February 23, 2026 3:02
Piers Morgan reacts to photo with Ghislaine Maxwell

British journalist Piers Morgan on Sunday took to social media to react to a widely circulated picture with Ghislaine Maxwell, an accomplice of the late sex offender Jeffrey Epstein.A photo of the journalist and Maxwell was recently shared on X with a sarcastic caption that read, "Strange body... [...]

UK data privacy regulators raises safety concerns, warn against AI-generated images
February 23, 2026 2:55
UK data privacy regulators raises safety concerns, warn against AI-generated images

UK data privacy regulators raises safety concerns, warn against AI-generated imagesBritain's privacy watchdog published a joint statement with dozens of international authorities on Monday, setting out concerns over images generated by artificial intelligence that depict identifiable individuals... [...]

Rape suspect flees aboard after mistaken prison release
February 23, 2026 1:10
Rape suspect flees aboard after mistaken prison release

Rape suspect flees aboard after mistaken prison releaseA man accused of rape and sexual assault has fled Britain after a court mistake led to his accidental release from prison, according to a report.The defendant, who cannot be named for legal reasons, had been held in custody while facing... [...]

Jack Hughes' patriotic words spark calls for Tate McRae to dump her boyfriend
February 23, 2026 1:03
Jack Hughes' patriotic words spark calls for Tate McRae to dump her boyfriend

"The Team USA men's hockey team won their first gold medal after Jack Hughes scored an overtime goal, sealing a spectacular victory against Canada. As news of the win spread, thousands took to social media to praise Hughes for his outstanding performance. Amidst the accolades, his rumored... [...]

US government to cease collecting tariffs after Supreme Court ruling
February 23, 2026 11:48
US government to cease collecting tariffs after Supreme Court ruling

US government to cease collecting tariffs after Supreme Court ruling. Photo: Reuters/File photoThe US Customs and Border Protection agency said it will halt collections of tariffs imposed under the International Emergency Economic Powers Act at 12:01 a.m. EST on Tuesday, more than three days... [...]

'Global human rights are under attack,' UN chief Antonio Guterres issues stark warning
February 23, 2026 11:03
'Global human rights are under attack,' UN chief Antonio Guterres issues stark warning

‘Global human rights are under attack,’ UN chief Antonio Guterres issues stark warningUnited Nations Secretary-General Antonio Guterres has raised red flags over global human rights violations in his recent address. While speaking at the opening of the Human Rights Council in Geneva,... [...]

Who was 'El Mencho'? Inside the rise and fall of Mexico's most wanted drug lord killed in military operation
February 23, 2026 7:06
Who was 'El Mencho'? Inside the rise and fall of Mexico's most wanted drug lord killed in military operation

Who was ‘El Mencho’? Inside the rise and fall of Mexico’s most wanted drug lord killed in military operationMexico’s most wanted drug lord and leader of the Jalisco New Generation cartel has been shot dead during a major military operation, as confirmed by the defence... [...]

BTC price today: Bitcoin sinks below $65K on trade uncertainty
February 23, 2026 4:06
BTC price today: Bitcoin sinks below $65K on trade uncertainty

BTC fell more than 5 percent on Monday, dropping below $65,000 after US President Donald Trump announced plans to raise global tariffs to 15 percent.According to CNBC, the world’s largest cryptocurrency has been under pressure since reaching a high above $125,000 in October, and is now down... [...]

NYC travel ban: Mamdani shuts down roads amid blizzard conditions
February 23, 2026 3:19
NYC travel ban: Mamdani shuts down roads amid blizzard conditions

The NYC travel ban that Mayor Zohran Mamdani announced Sunday will shut down most traffic across New York City as a powerful winter storm sweeps through the Northeast.Mayor Zohran Mamdani ordered streets, highways and bridges closed from 9:00PM Sunday until noon Monday, limiting travel to... [...]

Akinola Davies Jr. gives his immigrant parents a shoutout in 2026 BAFTAs acceptance speech
February 23, 2026 2:33
Akinola Davies Jr. gives his immigrant parents a shoutout in 2026 BAFTAs acceptance speech

Akinola Davies Jr. dedicated his BAFTA Award for Outstanding Debut to immigrant parents, who “sacrificed everything” for their children’s futures.The 40-year-old director won for My Father's Shadow, a coming-of-age drama set during Nigeria’s 1993 election crisis that... [...]

Italy: Skeleton of Saint Francis of Assisi's goes on public display for first time after 800 years
February 22, 2026 9:05
Italy: Skeleton of Saint Francis of Assisi's goes on public display for first time after 800 years

Italy: Skeleton of Saint Francis of Assisi’s goes on public display for first time after 800 yearsSaint Francis of Assisi’s skeleton is going on full public display from Sunday, February 22, 2026, for the first time, in a move that is expected to draw hundreds of thousands of... [...]

EU rejects any rise in US tariffs after court ruling, says 'a deal is a deal'
February 22, 2026 8:19
EU rejects any rise in US tariffs after court ruling, says 'a deal is a deal'

EU rejects any rise in US tariffs after court ruling, says ‘A deal is a deal’EU says it will accept no increase in US tariffs after Supreme Court ruling: 'a deal is a deal.'The European Commission demanded on Sunday, February 22, 2026, that the United States stick to the terms of an... [...]

Woman allegedly used ChatGPT to plan murders of two men, police say
February 22, 2026 7:22
Woman allegedly used ChatGPT to plan murders of two men, police say

Woman allegedly used ChatGPT to plan murders of two men, police sayA 21-year-old woman in South Korea has been arrested on suspicion of murdering two men after allegedly using ChatGPT to research how drugs mixed with alcohol could be deadly.Police say the suspect, identified only by her surname... [...]

UK seeks 'best possible deal' with US as tariff threat looms
February 22, 2026 7:01
UK seeks 'best possible deal' with US as tariff threat looms

UK seeks ‘best possible deal’ with US as tariff threat loomsThe UK government is in talks with the U.S. over the ‘best possible deal’ for British firms amid the higher tariffs threat.High-level talks with the U.S. administration over the threat of increased tariffs are... [...]

سرگودھا: گھریلو ملازمہ کی والدہ نے بیٹی کے ساتھ ہوئی زیادتی کا الزام واپس لے لیا
February 23, 2026 2:02
سرگودھا: گھریلو ملازمہ کی والدہ نے بیٹی کے ساتھ ہوئی زیادتی کا الزام واپس لے لیا

فائل فوٹو پنجاب کے شہر سرگودھا میں سرکاری افسر کے گھر پر گھریلو ملازمہ سے مبینہ زیادتی کے کیس میں مدعی مقدمہ نے الزام واپس لے... [...]

پشاور ہائیکورٹ کی افغان شوہر کی شہریت کیلئے دوبارہ درخواست دینے کی اجازت
February 23, 2026 2:02
پشاور ہائیکورٹ کی افغان شوہر کی شہریت کیلئے دوبارہ درخواست دینے کی اجازت

فائل فوٹوپشاور ہائیکورٹ نے پاکستانی خاتون کے افغان شوہر کی شہریت اور پاکستان اوریجن کارڈ سے متعلق درخواست پر 2 صفحات پر مشتمل تحریری... [...]

محمود اچکزئی کی قومی اسمبلی میں بطور اپوزیشن لیڈر تقرری چیلنج
February 23, 2026 2:02
محمود اچکزئی کی قومی اسمبلی میں بطور اپوزیشن لیڈر تقرری چیلنج

محمود اچکزئی : فائل فوٹو وفاقی آئینی عدالت میں محمود اچکزئی کی قومی اسمبلی میں بطور اپوزیشن لیڈر تقرری چیلنج کردی گئی۔پاکستان تحریک... [...]

بانی پی ٹی آئی کی رہائی سے متلعق ڈھیل ہے نہ ڈیل: رانا ثناءاللّٰہ
February 23, 2026 2:02
بانی پی ٹی آئی کی رہائی سے متلعق ڈھیل ہے نہ ڈیل: رانا ثناءاللّٰہ

ہم بانی پی ٹی آئی اور ان کی پارٹی کو کہتے ہیں کہ آپ ریاست کے ساتھ کھڑے ہوں، رانا ثناءاللہ - فوٹو: فائلوزیراعظم کے مشیر برائے سیاسی امور... [...]

جیل میں تو آنکھ تک کا علاج نہیں، دل کا علاج کیا کریں گے، جسٹس عقیل عباسی
February 23, 2026 2:02
جیل میں تو آنکھ تک کا علاج نہیں، دل کا علاج کیا کریں گے، جسٹس عقیل عباسی

سپریم کورٹ : فائل فوٹو سپریم کورٹ کے جج جسٹس عقیل عباسی نے قتل کے مجرم کی میڈیکل گراؤنڈز پر ضمانت کی درخواست کی سماعت میں ریمارکس دیتے... [...]

میت کی دوسرے شہر منتقلی بھی بلا معاوضہ ممکن ہو سکے گی، وزیر اعلیٰ پنجاب
February 23, 2026 2:02
میت کی دوسرے شہر منتقلی بھی بلا معاوضہ ممکن ہو سکے گی، وزیر اعلیٰ پنجاب

مریم نواز: فائل فوٹو وزیر اعلیٰ پنجاب مریم نواز کا کہنا ہے کہ پنجاب کے تمام سرکاری اسپتالوں میں مفت میت منتقلی سروس کا آغاز کیا جا... [...]

سیکیورٹی فورسز کا ڈیرہ اسماعیل خان میں آپریشن، 4 خارجی ہلاک
February 23, 2026 2:02
سیکیورٹی فورسز کا ڈیرہ اسماعیل خان میں آپریشن، 4 خارجی ہلاک

فائل فوٹو۔سیکیورٹی فورسز نے ڈیرہ اسماعیل خان میں آپریشن کے دوران 4 خارجی ہلاک کردیے۔مسلح افواج کے شعبہ تعلقات عامہ آئی ایس پی آر کے... [...]

پنجگور: جیدگی میں فائرنگ، 6 افراد جاں بحق
February 23, 2026 1:02
پنجگور: جیدگی میں فائرنگ، 6 افراد جاں بحق

علامتی فوٹوپنجگور کے علاقے جیدگی میں فائرنگ کا واقعہ پیش آیا ہے، جس میں 6 افراد جاں بحق ہوگئے۔ ڈی ایس پی پنجگور کا کہنا ہے کہ سرحدی... [...]

وزیراعلیٰ کی بلاول بھٹو کو صوبے کی انتظامی و سیاسی صورتحال پر بریفنگ
February 23, 2026 1:02
وزیراعلیٰ کی بلاول بھٹو کو صوبے کی انتظامی و سیاسی صورتحال پر بریفنگ

فائل فوٹووزیراعلیٰ سندھ سید مراد علی شاہ نے پارٹی چیئرمین بلاول بھٹو زرداری کو صوبے کی انتظامی و سیاسی صورتحال پر بریفنگ دی... [...]

پنجاب اسمبلی کی 2 سالہ کارکردگی رپورٹ سامنے آگئی
February 23, 2026 1:02
پنجاب اسمبلی کی 2 سالہ کارکردگی رپورٹ سامنے آگئی

فائل فوٹوپنجاب اسمبلی میں 2 سال میں 169 بل پیش اور 144 منظور ہوئے، کارکردگی رپورٹ سامنے آگئی۔رپورٹ کے مطابق 2 سال میں پنجاب اسمبلی کے 38... [...]

کراچی: تیز رفتار کار بےقابو ہو کر سڑک کے دوسری جانب آگئی، ٹکر سے رائیڈر جاں بحق
February 23, 2026 12:02
کراچی: تیز رفتار کار بےقابو ہو کر سڑک کے دوسری جانب آگئی، ٹکر سے رائیڈر جاں بحق

کراچی کے علاقے ڈیفنس خیابان اتحاد میں گزشتہ روز  ہونے والے ٹریفک حادثے کی ویڈیو منظر عام پر آگئی، تیز رفتار کار بےقابو ہو کر... [...]

دہشتگردی صرف قبائلی علاقوں تک محدود نہیں: طارق فضل چوہدری
February 23, 2026 12:02
دہشتگردی صرف قبائلی علاقوں تک محدود نہیں: طارق فضل چوہدری

طارق فضل چوہدری - فوٹو: فائلوفاقی وزیر پارلیمانی امور طارق فضل چوہدری نے کہا ہے کہ دہشت گردی صرف قبائلی علاقوں تک محدود نہیں، دہشت... [...]

اسلام آباد ہائیکورٹ: ڈاکٹر عافیہ کیس، وزیراعظم و کابینہ کو توہین عدالت کے نوٹسز کا حکم واپس لے لیا گیا
February 23, 2026 12:02
اسلام آباد ہائیکورٹ: ڈاکٹر عافیہ کیس، وزیراعظم و کابینہ کو توہین عدالت کے نوٹسز کا حکم واپس لے لیا گیا

فوٹو: فائلاسلام آباد ہائی کورٹ نے ڈاکٹر عافیہ صدیقی کیس میں وزیراعظم اور کابینہ کو توہین عدالت کے نوٹسز جاری کرنے کا حکم واپس لیتے... [...]

کراچی: کمسن بچے کا اغوا و زیادتی، ملزمان کو 23، 23 سال قید کی سزا
February 23, 2026 12:02
کراچی: کمسن بچے کا اغوا و زیادتی، ملزمان کو 23، 23 سال قید کی سزا

فائل فوٹو ایڈیشنل ڈسٹرکٹ اینڈ سیشن جج جنوبی نے کمسن بچے کو اغوا کرکے زیادتی کا نشانہ بنانے کے کیس میں دونوں ملزمان کو 23، 23 سال قید کی... [...]

گوادر میں نایاب بوہیڈ گٹارفش 30 میٹر گہرے پانی سے ملی، ڈبلیو ڈبلیو ایف
February 23, 2026 12:02
گوادر میں نایاب بوہیڈ گٹارفش 30 میٹر گہرے پانی سے ملی، ڈبلیو ڈبلیو ایف

فوٹو: فائلورلڈ وائیڈ فنڈز فار نیچر پاکستان کے مطابق گوادر میں نایاب بوہیڈ گٹارفش 30 میٹر گہرے پانی سے ملی، دنیا بھر میں اس مچھلی کی... [...]

ایران: حکومت مخالف مظاہرین کو ٹرمپ کے آئندہ اقدامات کے انتظار کا پیغام موصول
February 23, 2026 5:02
ایران: حکومت مخالف مظاہرین کو ٹرمپ کے آئندہ اقدامات کے انتظار کا پیغام موصول

سوشل میڈیاایران میں حکومت مخالف مظاہرین کو صدر ٹرمپ کے آئندہ اقدامات کے انتظار کا کہہ دیا گیا۔عرب میڈیا رپورٹ کے مطابق ایران میں... [...]

بھارت میں کشمیریوں پر ہونے والے نفرت انگیز حملوں سے ان کا گذر بسر مشکل
February 23, 2026 4:02
بھارت میں کشمیریوں پر ہونے والے نفرت انگیز حملوں سے ان کا گذر بسر مشکل

فوٹو: فائلبھارت میں ہزاروں کشمیری خانہ بدوش تاجروں اور شال فروشوں پر ہونے والے نفرت انگیز حملوں کی لہر سے ان کا گزر بسر مشکل ہوگیا... [...]

بھارت: طالبہ کو دوستوں نے نشہ آور چیز کھلا کر اجتماعی زیادتی کا نشانہ بنادیا
February 23, 2026 4:02
بھارت: طالبہ کو دوستوں نے نشہ آور چیز کھلا کر اجتماعی زیادتی کا نشانہ بنادیا

فوٹو: بھارتی میڈیا بھارتی ریاست کرناٹک کے شہر بنگلورو میں ایک 19 سالہ طالبہ کو اس کے دوستوں نے نشہ آور چیز کھلا کر اجتماعی زیادتی کا... [...]

ایپسٹین کی فائلز میں ٹرمپ، انکی انتظامیہ اور خاتون اوّل میلانیا کے نام شامل
February 23, 2026 3:02
ایپسٹین کی فائلز میں ٹرمپ، انکی انتظامیہ اور خاتون اوّل میلانیا کے نام شامل

بدنامِ زمانہ جنسی مجرم جیفری ایپسٹین کی فائلز میں ٹرمپ انتظامیہ کے عہدیداروں اور ٹرمپ کی انتخابی مہم کو عطیہ دینے والے اہم... [...]

ٹرمپ کی سپریم کورٹ کے فیصلے سے فائدہ اٹھانے کی کوشش پر مزید ٹیرف لگانے کی دھمکی
February 23, 2026 3:02
ٹرمپ کی سپریم کورٹ کے فیصلے سے فائدہ اٹھانے کی کوشش پر مزید ٹیرف لگانے کی دھمکی

امریکی صدر ڈونلڈ ٹرمپ : فوٹو اے ایف پی امریکی صدر ڈونلڈ ٹرمپ نے سپریم کورٹ کے فیصلے کے بعد ممالک پر مزید ٹیرف لگانے کی دھمکی دے... [...]

امریکا: پراسرار طور پر لاپتہ خاتون 25 سال بعد مل گئی
February 23, 2026 1:02
امریکا: پراسرار طور پر لاپتہ خاتون 25 سال بعد مل گئی

فوٹو: امریکی میڈیا امریکی ریاست نارتھ کیرولینا میں پراسرار طور پر لاپتہ ہونے والی 3 بچوں کی ماں 25 سال بعد مل گئی، خاتون کے واپس آنے... [...]

بھارت میں مسلمانوں سے زیادتیاں جاری، لکھنؤ یونیورسٹی انتظامیہ نے مسجد تک طلبا کی رسائی روک دی
February 23, 2026 1:02
بھارت میں مسلمانوں سے زیادتیاں جاری، لکھنؤ یونیورسٹی انتظامیہ نے مسجد تک طلبا کی رسائی روک دی

ویڈیو گریب۔بھارت میں مسلمانوں سے زیادتیوں کا سلسلہ جاری ہے، لکھنؤ یونیورسٹی کی انتظامیہ نے یونیورسٹی میں موجود مسجد تک مسلمان طلبا... [...]

غزہ میں جنگ بندی کے 134 دن، اسرائیل 642 فلسطینیوں کو شہید کرچکا
February 23, 2026 12:02
غزہ میں جنگ بندی کے 134 دن، اسرائیل 642 فلسطینیوں کو شہید کرچکا

فائل فوٹو۔غزہ سینٹر برائے انسانی حقوق کے اعداد و شمار کے مطابق غزہ کی پٹی میں جنگ بندی کے 134 دن کے دوران اسرائیلی فورسز نے 133دن جنگ... [...]

ایرانی جامعات میں طلبا کے حکومت مخالف مظاہرے، شاہ کے زمانے کے پرچم لہرائے
February 23, 2026 12:02
ایرانی جامعات میں طلبا کے حکومت مخالف مظاہرے، شاہ کے زمانے کے پرچم لہرائے

تصویر سوشل میڈیا۔ایران کی جامعات میں طلبا نے حکومت مخالف احتجاج شروع کر دیا، برطانوی خبر ایجنسی کے مطابق ایران کی 8 جامعات میں طلبا... [...]

بھارت: مسلمان دکاندار کو ہندو انتہا پسندوں سے بچانے والے دیپک کمار سے راہول گاندھی کی ملاقات
February 23, 2026 12:02
بھارت: مسلمان دکاندار کو ہندو انتہا پسندوں سے بچانے والے دیپک کمار سے راہول گاندھی کی ملاقات

فوٹو: ایکس کانگریس بھارتی ریاست اتراکھنڈ میں مسلمان دکاندار کو ہراساں کرنے کے خلاف انتہا پسندوں کے آگے کھڑے ہونے والے نوجوان اور... [...]

بھارت نے مقامی ساختہ تیجس لڑاکا طیاروں کا مکمل فلیٹ گراؤنڈ کردیا
February 23, 2026 11:02
بھارت نے مقامی ساختہ تیجس لڑاکا طیاروں کا مکمل فلیٹ گراؤنڈ کردیا

فوٹو: بھارتی میڈیا بھارت نے مقامی ساختہ تیجس لڑاکا طیاروں کا مکمل فلیٹ گراؤنڈ کردیا۔رپورٹ کے مطابق 7 فروری کو پیش آنے والے واقعے کے... [...]

برمنگھم: مسجد کے باہر چاقو حملے میں جاں بحق پاکستانی نوجوان کی شناخت ہوگئی
February 23, 2026 11:02
برمنگھم: مسجد کے باہر چاقو حملے میں جاں بحق پاکستانی نوجوان کی شناخت ہوگئی

مقتول پاکستانی نژاد برطانوی نوجوان ذیشان افضل۔برٹش پاکستانی نوجوان جمعہ کی شام مسجد کے باہر ہولناک چاقو حملے میں جاں بحق ہو گیا۔ یہ... [...]

بنگلادیشی فوج میں اعلیٰ سطح پر قیادت میں تبدیلیاں
February 23, 2026 10:02
بنگلادیشی فوج میں اعلیٰ سطح پر قیادت میں تبدیلیاں

—تصویر بشکریہ غیر ملکی میڈیابنگلادیشی فوج میں اعلیٰ سطح پر قیادت میں تبدیلیاں کر دی گئیں۔بنگلادیشی میڈیا کے مطابق لیفٹیننٹ جنرل... [...]

شمالی کوریا: کم جونگ اُن پھر حکمراں جماعت کے سربراہ مقرر
February 23, 2026 9:02
شمالی کوریا: کم جونگ اُن پھر حکمراں جماعت کے سربراہ مقرر

— تصویر بشکریہ سوشل میڈیاکم جونگ اُن دوبارہ حکمراں جماعت کے سربراہ منتخب ہو گئے۔حکمراں ورکرز پارٹی نے نیشنل کانگریس میں شمالی... [...]

چین کا امریکا سے تجارتی شراکت داروں پر عائد یکطرفہ ٹیرف واپس لینے پر زور
February 23, 2026 9:02
چین کا امریکا سے تجارتی شراکت داروں پر عائد یکطرفہ ٹیرف واپس لینے پر زور

---فائل فوٹوچین کی جانب سے امریکا سے تجارتی شراکت داروں پر عائد یکطرفہ ٹیرف واپس لینے پر زور دیا گیا ہے۔چینی وزارتِ کامرس کے ترجمان ... [...]

پاکستان کے پاس 2 ارب ڈالر مالیت کے چاول کے ذخائر موجود ہیں، حکام وزارت تجارت
February 23, 2026 11:02
پاکستان کے پاس 2 ارب ڈالر مالیت کے چاول کے ذخائر موجود ہیں، حکام وزارت تجارت

فوٹو: فائلقومی اسمبلی کی قائمہ کمیٹی برائے تجارت کے اجلاس میں وزارت کے حکام کا کہنا ہے کہ پاکستان کے پاس 2 ارب ڈالر مالیت کے چاول کے... [...]

سونے کی قیمتوں میں مسلسل اضافہ جاری
February 23, 2026 8:02
سونے کی قیمتوں میں مسلسل اضافہ جاری

فائل فوٹومشرق وسطیٰ کی صورتحال پر سونے کی خریداری کا رجحان برقرار ہے، پاکستان میں سونے کی قیمتوں میں مسلسل اضافہ جاری ہے۔آل... [...]

مشرق وسطیٰ میں کشیدگی: اسٹاک مارکیٹ میں آج کاروبار کا ایک اور منفی دن
February 23, 2026 5:02
مشرق وسطیٰ میں کشیدگی: اسٹاک مارکیٹ میں آج کاروبار کا ایک اور منفی دن

---فائل فوٹو مشرق وسطیٰ میں جاری کشیدگی کے سبب پاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کا پہلا دن منفی رہا۔پی ایس ایکس بینچ مارک 100... [...]

جنوری کی بلند ترین سطح سے مارکیٹ نیچے آئی ہے: سی ای او اسٹاک ایکسچینج
February 23, 2026 4:02
جنوری کی بلند ترین سطح سے مارکیٹ نیچے آئی ہے: سی ای او اسٹاک ایکسچینج

فرخ سبزواری---فائل فوٹو پاکستان اسٹاک ایکسچینج کے چیف ایگزیکٹیو آفیسر فرخ سبزواری نے کہا ہے کہ جنوری کی اپنی بلند ترین سطح سے... [...]

غیرملکی سرمایہ کاری پر منافع کی ترسیلات میں اضافہ
February 22, 2026 10:02
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فائل فوٹوغیر ملکی سرمایہ کاری پر منافع کی ترسیلات میں اضافے سے متعلق اسٹیٹ بینک نے اعداد و شمار جاری کردیے۔ اسٹیٹ بینک آف پاکستان کی... [...]

پاکستان کے ذمے قرض، واجبات کا حجم 138 ارب ڈالر سے زائد
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پاکستان کے ذمے قرض اور واجبات کا حجم 138 ارب ڈالر سے بڑھ گیا ہے۔اکنامک افئیرز ڈویژن کی دستاویز کے مطابق پاکستان کے بیرونی قرضوں پر سود... [...]

پاکستان و امریکا کا اقتصادی تعاون بڑھانے کی خواہش کا اظہار
February 21, 2026 11:02
پاکستان و امریکا کا اقتصادی تعاون بڑھانے کی خواہش کا اظہار

فوٹو: سوشل میڈیا Financegovpk@پاکستان اور امریکا نے اقتصادی تعاون بڑھانے کی خواہش کا اظہار کیا ہے۔وزیر خزانہ محمد اورنگزیب نے امریکی وزیر... [...]

ملک میں سونے کی قیمتوں میں بڑا اضافہ ہو گیا
February 21, 2026 7:02
ملک میں سونے کی قیمتوں میں بڑا اضافہ ہو گیا

—فائل فوٹوپاکستان میں سونے کی قیمتوں میں آج پھر بڑا اضافہ ہوا ہے۔فی تولہ سونے کی قیمت 7 ہزار 100 روپے بڑھ کر 5 لاکھ 33 ہزار 562 روپے ہو... [...]

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February 21, 2026 5:02
صنعتی رعایتی پیکیج کے تحت بجلی کی کھپت کے 2 ماہ کے نتائج جاری

— فائل فوٹوپاور ڈویژن نے صنعتوں کے لیے رعایتی پیکیج کے تحت بجلی کی کھپت کے 2 ماہ کے نتائج جاری کر دیے۔ترجمان پاور ڈویژن کے مطابق صنعتی... [...]

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February 21, 2026 4:02
پاکستان اسٹاک ایکسچینج: کاروباری ہفتے کے دوران منفی رجحان رہا

—فائل فوٹوپاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے دوران منفی رجحان دیکھنے میں آیا۔کاروباری ہفتے کے دوران 100 انڈیکس 6434 پوائنٹس... [...]

پاکستان میں سونے کی قیمتوں میں آج بھی اضافہ
February 20, 2026 9:02
پاکستان میں سونے کی قیمتوں میں آج بھی اضافہ

---فائل فوٹوپاکستان میں سونے کی قیمتوں میں آج بھی اضافہ ہوا ہے۔فی تولہ سونے کی قیمت 2 ہزار 500 روپے بڑھ کر 5 لاکھ 26 ہزار 462 روپے ہو... [...]

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آئی ایم ایف کی پاکستان کی معاشی اصلاحات کی تعریف

فائل فوٹوعالمی مالیاتی فنڈ نے پاکستان میں کی گئی معاشی اصلاحات کو سراہا ہے۔ حکومت نے آئی ایم ایف کی ایک اور بڑی شرط پوری کردی... [...]

اسٹاک ایکسچینج: 100 انڈیکس میں 999 پوائنٹس کا اضافہ، 1 لاکھ 73 ہزار 169 پر بند
February 20, 2026 4:02
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—فائل فوٹوپاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے آخری دن مثبت رجحان دیکھا گیا۔پی ایس ایکس بینچ مارک 100 انڈیکس کاروبار کے... [...]

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February 19, 2026 9:02
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—فائل فوٹوکوئٹہ میں ماہِ رمضان کے پہلے روز سے ہی مختلف پھلوں کی قیمت میں اضافہ دیکھا جا رہا ہے۔کوئٹہ میں چیکو کی فی کلو قیمت میں 20... [...]

سونے کی قیمتوں کی اونچی اڑان جاری
February 19, 2026 8:02
سونے کی قیمتوں کی اونچی اڑان جاری

—فائل فوٹوپاکستان میں سونے کی قیمتوں کی اونچی اڑان جاری ہے، آج بھی فی تولہ سونے کی قیمت میں بڑا اضافہ ہو گیا۔فی تولہ سونے کی قیمت 7... [...]

Big Tech’s ‘Lag 7’ is putting the S&P 500 — and your index fund — at risk
February 23, 2026 11:18
Big Tech’s ‘Lag 7’ is putting the S&P 500 — and your index fund — at risk

A breakdown of the “Magnificent Seven” and AI hyperscalers raises concern for the stock market and the economy [...]

Uber’s latest effort to become a super app is all about parking
February 23, 2026 11:03
Uber’s latest effort to become a super app is all about parking

Uber on Monday said it had agreed to buy the parking-reservations app SpotHero, a move that will allow people to book parking reservations on the Uber app. [...]

Jobs and CPI reports are not being politically manipulated, government’s statistics chief says
February 23, 2026 10:52
Jobs and CPI reports are not being politically manipulated, government’s statistics chief says

The temporary chief of the U.S. agency that produces critical economic reports on jobs, unemployment and inflation says the data is not being manipulated or influenced by politicians. [...]

Did a blog post just cause software stocks to lose more than $200 billion in market cap?
February 23, 2026 10:47
Did a blog post just cause software stocks to lose more than $200 billion in market cap?

For investors to wade back into the software sector, they “want and need to see the stocks stop trading down on new AI headlines,” one analyst says. [...]

IBM’s stock heads for worst month in 34 years — and Anthropic is partly to blame
February 23, 2026 10:31
IBM’s stock heads for worst month in 34 years — and Anthropic is partly to blame

IBM’s stock ended Monday down 13% as Anthropic’s Claude Code threatens to dismantle a critical part of its business. [...]

Snowstorm hits airline stocks as flight cancellations near 5,000
February 23, 2026 10:21
Snowstorm hits airline stocks as flight cancellations near 5,000

Airline stocks are taking a hit as a major Northeast snowstorm is leading to thousands of flight cancellations. [...]

Novo Nordisk’s stock closes at 4-year low after its next-gen weight-loss drug lost to Lilly’s in Phase 3 trial
February 23, 2026 9:59
Novo Nordisk’s stock closes at 4-year low after its next-gen weight-loss drug lost to Lilly’s in Phase 3 trial

Novo Nordisk shares were under pressure on Monday as the struggling Danish pharmaceutical said a head-to-head study found a drug in development didn’t cut as much weight as an Eli Lilly product. [...]

Here’s what airlines, hotels and Airbnb actually owe travelers stranded in Mexico
February 23, 2026 9:55
Here’s what airlines, hotels and Airbnb actually owe travelers stranded in Mexico

U.S. airlines canceled flights to and from the Mexican cities of Puerto Vallarta and Guadalajara on Monday amid cartel-related violence over the weekend, leaving tourists stranded. [...]

Why Nvidia’s earnings report isn’t the market force it once was
February 23, 2026 9:54
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Investors have moved on to other AI plays, an analyst says. That presents an opportunity to get Nvidia’s stock at a discount. [...]

PayPal’s stock pops on takeover hopes. Here’s who could swoop in with a purchase.
February 23, 2026 9:51
PayPal’s stock pops on takeover hopes. Here’s who could swoop in with a purchase.

Analysts think private-equity firms or other strategic buyers might see more value in PayPal than its $40 billion market cap currently reflects. [...]

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  • About
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