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Indian rupee set to find more breathing room after Trump remarks jolt dollar

January 28, 2026 3:08

MUMBAI: The Indian rupee on Wednesday is poised to build on the previous session’s relief after President Donald Trump brushed off the dollar’s recent weakness, accelerating its slide and pushing it to multi-year lows. The 1-month non-deliverable forward indicated the rupee will open in the 91.48-91.52 range versus the U.S. dollar, having settled at 91.72 on Tuesday. The rupee found relief on Tuesday after a prolonged spell of near-constant pressure, with a softer dollar tempering one-sided dollar demand that has weighed on the currency in recent weeks. It was enough to allow a 0.2% rise in the currency, a modest move that stood out against the depth and persistence of recent selling pressure, traders said. “The move wasn’t driven by fresh rupee positives, it was more of a pause in aggressive dollar buying,” a senior FX dealer at a private bank said. “For now, you would say this is just a small reset in market dynamics. The underlying trend (on dollar/rupee) remains higher.” [...]

Indian equity benchmarks set to open higher on EU trade deal, positive global cues

January 28, 2026 3:03

BENGALURU: India’s equity benchmarks are likely to open higher on Wednesday, extending gains seen in the previous session after a landmark trade deal with the European Union, while positive global sentiment may also provide support. Gift Nifty futures were trading at 25,441.5, as of 7:56 a.m. IST, indicating that the Nifty 50 could start above Tuesday’s close of 25,175.4. The 50-stock benchmark index rose 0.5% on Tuesday as a trade deal with the EU scrapped all tariffs on 90% of Indian goods. “The potential for growth is substantial,” analysts at HSBC said in a note. “The benefits could eventually go beyond goods trade, including larger FDI flows, more services trade, and strategic diversification.” MSCI’s broadest index for Asia Pacific stocks outside Japan was up 0.9% ahead of the U.S. Federal Reserve’s policy decision later in the day, while the U.S. dollar sank to a four-year low. Global markets sentiment was also boosted by easing trade tensions after U.S. President Donald Trump said the United States and South Korea will work out a solution, after earlier threatening to raise tariffs on imports from the Asian country to 25%. “Improving global risk sentiment is likely to encourage fresh buying from oversold levels (in India) and prompt short-covering across derivative segments,” said Ponmudi R, chief executive officer of Enrich Money. Meanwhile, continued selling by foreign portfolio investors (FPIs) and caution ahead of the country’s federal budget presentation on Sunday could keep investors cautious. Foreign investors sold Indian shares worth 30.69 billion rupees ($335.53 million) on Tuesday, as per provisional data. They have offloaded $4.1 billion worth of shares in January, marking the biggest monthly selloff in a year. [...]

Dollar crumbles after Trump remarks; euro, yen, sterling surge

January 28, 2026 2:59

SINGAPORE: The US dollar was grappling with a “crisis of confidence” as it struggled near four-year lows on Wednesday after President Donald Trump brushed off its recent weakness, exacerbating the dollar selling and lifting the yen, euro and sterling. The euro breached past the $1.2 level for the first time since 2021 and was at $1.2015, a tad weaker on the day, while sterling was also near its highest level since 2021 at $1.3823 in early Asian hours. The dollar index , which measures the U.S. currency against six major rivals, was at 95.964 after dropping over 1% in the previous session when it hit a four-year low of 95.566. Trump said on Tuesday the value of the dollar was “great”, when asked whether he thought it had declined too much. Traders took his comments as a signal to sell the greenback aggressively. Trump’s comments were not exactly new, but they came at a time when the dollar has been under pressure as traders braced for a possible coordinated currency intervention by U.S. and Japanese authorities to stabilize the yen. The dollar tumbled over 9% in 2025 and has started the year on the back foot, already down about 2.3% in January as Trump’s erratic approach to trade and international diplomacy, fears over the Federal Reserve’s independence and huge increases in public spending rattled investors. “The weak dollar flies in the face of otherwise strong fundamentals. The U.S. economy remains exceptional and the dollar should be reflecting that,” said Rodda. “But because of Trump’s behaviour, it’s not.” Investors’ focus will be on the Federal Reserve’s policy decision later in the day, where the central bank is expected to stand pat in a pause that investors see lasting beyond U.S. central bank chief Jerome Powell’s final meetings in March and April. Yen’s reprieve The frail Japanese yen got a further boost from the dollar selling and was at 152.60 per U.S. dollar after surging over 1% in the previous session. It was hovering near a three-month high on talk of the U.S. and Japan conducting rate checks - often seen as a precursor to official intervention. Japanese authorities said on Monday they have been in close coordination with the U.S. on foreign exchange, without providing further details. Investors remain unconvinced about the impact of an actual intervention, especially because Prime Minister Sanae Takaichi is basing her snap election campaign on expanded stimulus measures. Japan’s election is set for February 8. “I think they’ve done what they’ve done now. It will stay in this range. They’ve postponed the 160 by three months at least which is an achievement in itself,” said Vaibhav Loomba, head of FX and rates at financial services firm Klay Group. The Australian dollar rose to $0.70225, its highest level since February 2023 amid the broad dollar weakness and after data showed consumer price inflation rose at a faster annual pace in the December quarter, stoking expectations of a near-term rate hike from the Reserve Bank of Australia. [...]

Oil prices mixed as US supply worries linger after winter storm

January 28, 2026 2:53

TOKYO: Oil prices were mixed on Wednesday, with Brent down slightly but the U.S. contract edging higher as supply concerns grew after a winter storm disrupted crude output and halted Gulf Coast exports over the weekend. Brent crude futures fell 6 cents, or 0.1%, to $67.51 a barrel by 0122 GMT, but U.S. West Texas Intermediate crude climbed 4 cents, or 0.1%, to $62.43 a barrel. Both benchmarks surged about 3% on Tuesday. US producers lost up to 2 million barrels per day or roughly 15% of national output over the weekend, analysts and traders estimated, as the storm strained energy infrastructure and power grids. Crude and liquefied natural gas exports from U.S. Gulf Coast ports tumbled to zero on Sunday, ship tracking service Vortexa said. “The impact of the U.S. cold snap and concerns over supply disruptions in Kazakhstan are supporting prices, but once supply fears ease, selling pressure is likely to return,” said Toshitaka Tazawa, an analyst at Fujitomi Securities. He added the balance between a projected supply surplus this year and geopolitical risks, including Middle East tensions, could keep WTI trading around $60 a barrel for now. Kazakhstan’s biggest oilfield, Tengiz, is likely to restore less than half of its normal production by February 7 as it slowly recovers from a fire and power outage, two sources familiar with the matter told Reuters. Pipeline operator CPC said it has returned to full loading capacity at its Black Sea terminal after completing maintenance at one of its three mooring points. Supply fears remain amid mideast tensions A U.S. aircraft carrier and supporting warships have arrived in the Middle East, two U.S. officials told Reuters on Monday, expanding President Donald Trump’s capabilities to defend U.S. forces, or potentially take military action against Iran. On the supply side, OPEC+, or the Organization of the Petroleum Exporting Countries plus Russia and other allies, is set to keep its pause on oil output increases for March at a meeting on February 1, three OPEC+ delegates told Reuters. U.S. crude oil and gasoline stockpiles were expected to have risen in the week ended January 23, while distillate inventories likely fell, an extended Reuters poll showed on Tuesday. But U.S. crude and gasoline stocks fell while distillate inventories rose last week, market sources said, citing American Petroleum Institute figures on Tuesday. [...]

Gold’s blistering rally continues past $5,200 as dollar plunges to 4-year low

January 28, 2026 2:49

Gold broke through $5,200 for the first time on Wednesday, after rising more than 3% on Tuesday, as the dollar ‌plunged to a near four-year low amid persisting geopolitical concerns, ahead of a US Federal Reserve monetary policy decision. Spot gold rose 0.6% to $5,219.97 per ounce, as of 0153 GMT, after scaling a record high of $5,224.95 earlier, up more than 20% since the start of the year. US gold ‌futures for February delivery surged 2.6% to $5,216.80 per ounce. “(Gold’s rise) is due to the very strong indirect correlation with the dollar and yesterday’s price-rise in gold in the U.S. session was due to Trump’s remark to a casual question about the ‍dollar which implied that (there is) a broad-based consensus within the White House to have a weaker greenback going forward,” said Kelvin Wong, a senior market analyst at OANDA. The U.S. dollar was grappling with a “crisis ⁠of confidence” as it struggled near four-year lows, exacerbating dollar selling, after President Donald Trump ‍said the currency’s value is “great” when asked whether he thought it had declined too much. US consumer confidence, ‌meanwhile, slumped ‌to its lowest level in more than 11-1/2 years in January amid mounting anxiety over a sluggish labor market and high prices. Trump added that he will soon announce his pick to serve as head of the U.S. central bank, and predicted interest rates would decline once ⁠the new chair takes ⁠over. The Fed is widely expected to hold rates steady at its January monetary policy meeting, currently underway. Wong added that near-term resistance for gold could be seen around $5,240/oz. Deutsche Bank said on Tuesday that gold could climb ‍to $6,000 per ounce in 2026, citing persistent investment demand as central banks and investors increase allocations to non-dollar and tangible assets. Spot silver was up 0.6% at $113.63 an ounce, after hitting a record high of $117.69 on Monday. The white metal has already jumped almost 60% ‍so far this year. Spot platinum gained 1.5% to $2,679.15 per ounce after hitting a record $2,918.80 on Monday, while palladium was up 0.9% at $1,951.93. [...]

Boeing reports 1st annual profit since 2018 on asset sale

January 27, 2026 4:27

NEW YORK: Boeing reported its first annual profit since 2018 Tuesday on gains from an asset sale, as it eyes increased plane production while pointing to progress emerging from a lengthy slump. Full-year 2025 profits were $1.9 billion, Boeing reported, compared with a loss of $11.9 billion in 2024. Boeing has faced heavy regulatory scrutiny following fatal 2018 and 2019 crashes that led to a lengthy grounding of the 737 MAX and intensified scrutiny of its commercial aviation program that has limited output. While Boeing last year delivered the highest number of planes since 2018, the driving factor behind both quarterly and annual profit was completion of a $10.6 billion sale of aviation software assets including Jeppesen to Thoma Bravo. Boeing won approvals in 2025 from the US Federal Aviation Administration to lift production on both the MAX and its other top-selling plane, the 787 Dreamliner. READ MORE: Boeing reports USD5.4bn loss on large hit from 777X aircraft delays The company expects further production increases on both programs in 2026. “As we work together to continue our turnaround, we’re making good progress and there’s a lot to be optimistic about as we start the year,” CEO Kelly Ortberg said in a letter to employees. Ortberg, in an interview with CNBC, said Boeing expects free cash flow of between $1 billion and $3 billion in 2026. Wall Street has been monitoring Boeing’s progress on the benchmark after it previously targeted $10 billion in free cash flow as a medium-term objective. “We’re marching to this $10 billion free cash flow number and it’s going to take us a little bit of time, but we’ve got a methodical plan to get there,” Ortberg told CNBC. [...]

India, EU finalise landmark trade deal, PM Modi says

January 27, 2026 3:40

NEW DELHI: India and the European Union have finalised a landmark trade deal that will represent a quarter of the world’s economy, Indian Prime Minister Narendra Modi said on Tuesday, as the two sides seek to hedge against fickle ties with the US. After nearly two decades of on-off negotiations, the deal will pave the way for India to open up its vast and guarded market, the world’s largest, to free trade with the 27-nation EU, its biggest trading partner. “Yesterday, a big agreement was signed between the European Union and India,” Modi said. “People around the world are calling this the mother of all deals. This agreement will bring major opportunities for the 1.4 billion people of India and the millions of people in Europe,” he said. He added that the agreement represents 25% of global GDP and one-third of global trade. Modi and European Commission President Ursula von der Leyen are expected to make a joint announcement at an India–EU summit in New Delhi, along with the details of the deal, later on Tuesday. India fetes EU at Republic Day parade ahead of trade deal Trade between India and the EU stood at $136.5 billion in the fiscal year through March 2025. The agreement comes days after the EU signed a pivotal pact with the South American bloc Mercosur, following deals last year with Indonesia, Mexico and Switzerland. During the same period, New Delhi finalised pacts with Britain, New Zealand and Oman. The spate of deals underscores global efforts to hedge against the United States as President Donald Trump’s bid to take over Greenland and tariff threats on European nations test longstanding alliances among Western nations. Trump has imposed a 50% tariff on goods from India and an India-US trade deal collapsed last year after a breakdown in communication between the two governments. India to slash tariffs on cars to 40% in trade deal with EU, sources say The formal signing of the India-EU deal would take place after legal vetting expected to last five to six months, an Indian government official aware of the matter has said. “We expect the deal to be implemented within a year,” the official added. [...]

Rupee secures gain against US dollar

January 27, 2026 3:14

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279.82 ], borderColor: 'black', borderWidth: 1, fill: false, pointRadius: 3 }] }, options: { responsive: true, plugins: { legend: { display: false } }, scales: { x: { title: { display: true, text: 'Date' } }, y: { title: { display: true, text: 'Closing Rate' } } } } }); The Pakistani rupee registered marginal improvement, appreciating 0.01% against the US dollar in the inter-bank market on Tuesday. At close, the local currency settled at 279.82, a gain of Re0.03 against the greenback. On Monday, the local unit closed at 279.85. Pakistan’s inflation was projected to remain within the range of 5-6% in January 2026, the Finance Division said on Tuesday. In its Monthly Economic Update & Outlook January 2026, it said Pakistan’s economy was well positioned to sustain its growth momentum in FY2026, “supported by the encouraging performance of LSM [large-scale manufacturing] and other high-frequency indicators”. Internationally, the US dollar edged higher on Tuesday but struggled to gain momentum, while traders remained on the alert for potential coordinated currency intervention by authorities in the United States ‌and Japan and looked to Wednesday’s Federal Reserve interest rate decision. Much of the recent focus in the foreign exchange market has been on the yen, which has rallied as much as 3% over the past two sessions on talk of the US and Japan conducting rate checks - often seen as a precursor to official intervention. That has helped the yen steady around 153 to 154 per dollar, some distance away from Friday’s low of 159.23. It was last trading at 154.75, with ‌the dollar gaining around 0.4% against the yen. The US dollar has been under intense pressure from a range of factors, including Washington’s desire for a weaker currency and uncertainty over US President Donald Trump’s policymaking. The dollar rose for the first time in four days against a basket of currencies, climbing 0.2% to 97.27. It has fallen around 1% since the start of the year, and hit a four-month low of 96.808 on Monday. Oil prices, a key indicator of currency parity, jumped over 1% on Tuesday as a massive winter storm hit crude production and affected ‌refineries on the US Gulf Coast, with the market also finding support from the slow restart of output from the Tengiz oilfield in Kazakhstan. Brent crude futures were up 90 cents or 1.4%, at $66.49 a barrel by 1415 GMT. US West Texas Intermediate crude was up 87 cents or 1.4%, at $61.50 a barrel. Inter-bank market rates for dollar on Tuesday BID Rs 279.82 OFFER Rs 280.02 Open-market movement In the open market, the PKR lost 3 paise for buying and gained 6 paise for selling against USD, closing at 280.28 and 280.90, respectively. Against Euro, the PKR lost 55 paise for buying and 44 paise for selling, closing at 332.52 and 335.59, respectively. Against UAE Dirham, the PKR lost 2 paise for buying and 1 paisa for selling, closing at 76.55 and 77.30, respectively. Against Saudi Riyal, the PKR lost 1 paisa for buying and 3 paise for selling, closing at 74.82 and 75.43, respectively. Open-market rates for dollar on Tuesday BID Rs 280.28 OFFER Rs 280.90 [...]

US stocks mixed amid earnings deluge

January 27, 2026 3:06

NEW YORK: Major US stock indices moved in opposite directions early Tuesday as markets digested a heavy calendar of mixed earnings and looked ahead to a Federal Reserve decision. Shares of General Motors and Northrop Grumman advanced while Boeing and American Airlines were among the companies to fall after reporting quarterly results. Analysts are especially keen for earnings releases from Apple, Microsoft and other tech giants in the coming days. About 10 minutes into trading, the Dow Jones Industrial Average was down 0.8 percent at 49,023.98. The broad-based S&P 500 added 0.2 percent at 6,966.08, while the tech-rich Nasdaq Composite Index rose 0.6 percent to 23,733.99. READ MORE: US stocks higher to open heavy week of earnings, Fed meeting Besides earnings, markets are focused on Wednesday’s Federal Reserve decision. The Fed is expected to keep interest rates unchanged, but the central bank’s tone about future monetary policy actions will be a focal point. Shares of health insurers fell sharply early Tuesday, with Dow component UnitedHealth Group down almost 20 percent and Humana and CVS Health also sharply lower. The selloff follows an announcement of a lower than expected pay increase related to a leading US government Medicare program. “The market doesn’t like big surprises like that and tends to take a sector specific reaction to them,” said Art Hogan of B. Riley Wealth Management. “So the health care providers are certainly coming under pressure.” [...]

S&P’s projections for Pakistan ‘broadly align’ with SBP’s outlook, says Khurram Schehzad

January 27, 2026 2:56

Khurram Schehzad, Adviser to the Finance Minister, on Tuesday said that S&P Global Market Intelligence (S&P )’s latest macroeconomic forecasts for Pakistan broadly align with projections from the State Bank of Pakistan (SBP). In a statement, Schehzad shared that S&P projects inflation at 5.1% in 2026, rising slightly to 5.6% in 2027, indicating a “slight increase”. The SBP, meanwhile, has forecast a range of 5%–7% over the next two years. “S&P’s point forecasts, i.e. 5.1–5.6%, sit within SBP’s 5–7% band, and imply stable-to-slightly higher inflation from 2026 to 2027,” said Schehzad. On the external front, S&P anticipates Pakistan’s current account deficit at 0.5% of GDP in 2026, expected to increase to 1.3% in 2027. Meanwhile, the SBP projects that the FY26 current account deficit is expected to remain between 0% and 1% of GDP. “For FY26, S&P’s 0.5% deficit aligns with SBP’s 0–1% range. S&P’s other-year projection, i.e. 1.3% is slightly above SBP’s FY26 band,” Schehzad commented. Moreover, S&P expects Pakistan’s real GDP growth to be 3.5% in FY26, strengthening to 4.4% in FY27. In comparison, the SBP projects 3.75%–4.75% growth for FY26. “S&P expects growth to pick up in FY27 to 4.4%, which is within SBP’s FY26 range. “Overall, S&P’s projections broadly align with SBP’s outlook, with slight differences on growth and the current account but a shared assessment of easing inflation and gradual economic improvement,” said Schehzad. On Monday, SBP Governor Jameel Ahmed presented an upbeat outlook for the economy, revising the GDP growth forecast upward, ranging 3.75-4.75% for FY26, and indicated that SBP’s foreign exchange reserves are expected to reach an all-time high of $20.2 billion by the end of December 2026. Addressing a press conference following the Monetary Policy Committee (MPC), Ahmed informed that Pakistan’s real GDP grew by 3.7% y/y in Q1 of FY26 as compared to 1.6% in the corresponding period last year (FY25), indicating a notable pickup in economic activity, mainly led by the industry and agriculture sectors. [...]

Most Gulf markets gain as earnings season advances

January 27, 2026 2:37

Most stock markets in the Gulf ended higher on Tuesday, with investors focused on corporate earnings. Saudi Arabia’s benchmark index advanced 1%, led by a 2% rise in Al Rajhi Bank. The bank reported annual net profit of 24.79 billion riyals ($6.61 billion), up from 19.72 billion riyals a year earlier. Al Rajhi also announced a cash dividend of 1.75 riyals per share for the second half, marking a nearly 20% rise compared to the same period last year. Among other gainers, Saudi National Bank - the country’s biggest lender by assets - jumped 3.4% following a sharp rise in 2025 net profit. The market is also gaining support from expectations of increased foreign investor access to the Saudi market starting February 1, said Milad Azar, market analyst at XTB MENA. Oil prices continue to provide stability after recovering last week, though geopolitical developments pose an underlying risk that could affect the market should regional tensions intensify, added Azar. In Abu Dhabi, the index rose 0.9%. Meanwhile, crude prices were little changed as resumption in supply from Kazakhstan offset the price increase caused by a storm impacting crude production and refineries on the U.S. Gulf Coast. The head of Abu Dhabi National Oil Company (ADNOC) said global oil demand will remain above 100 million barrels per day through 2040, while demand for both liquefied natural gas and electricity will grow by 50% or more. Dubai’s main share index added 0.3%, with blue-chip developer Emaar Properties rising 1.4%. The Qatari index, however, eased 0.3%, with Qatar Islamic Bank losing 1.3%. Outside the Gulf, Egypt’s blue-chip index rose 0.7%, closing at its highest, with Commercial International Bank rising 1.4%. Saudi Arabia advanced 1% to 11,382Abu Dhabi climbed 0.9% to 10,355Dubai was up 0.3% to 6,466Qatar eased 0.3% to 11,285Egypt gained 0.7% to 47,835Bahrain lost 0.2% to 2,050Oman rose 1.2% to 6,271Kuwait added 0.9% to 9,384 [...]

Sri Lankan shares little changed; industrial stocks rise

January 27, 2026 1:15

Sri Lankan shares closed little changed on Tuesday, with losses in utilities and materials stocks chipping into gains made by industrials and healthcare stocks. The CSE All-Share index rose 0.03% to 23,960.16. On Monday, the index closed marginally lower to snap a four-session winning run. Radiant Gems International Plc was the biggest drag on the CSE All-Share index, falling about 10.90%, while the biggest boost, Kerner Haus Global Solutions Plc, rose 25%. Trading volume rose to 272.5 million shares from 195 million in the previous session. The equity market’s turnover dropped to 5.21 billion Sri Lankan rupees ($16.8 million), compared with 5.5 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers of shares worth 192.6 million rupees in the equity market, while domestic investors were net buyers of shares worth 5.14 billion rupees, data showed. [...]

India’s central bank advances 1 trillion Indian rupee bond purchases

January 27, 2026 1:11

India’s central bank on Tuesday advanced plans to buy 1 trillion rupees ($10.9 billion) of bonds in two tranches by January 29 and February 5, instead of the previously announced February 5 and 12. The move follows a surge in Indian government bond yields earlier in the day, which pushed the benchmark yield to a near 11-month high, pressured by heavy state borrowing and tight system liquidity. The two open market bond purchase auctions of 500 billion Indian rupees each are part of a broader set of measures unveiled by the Reserve Bank of India last week to inject more than $23 billion of liquidity into the banking system. The bank plans to do this through a combination of bond purchases, buy/sell FX swaps and repo operations. India’s RBI taps $2 billion-plus FX swaps to blunt liquidity hit from spot intervention, bankers say The RBI bought 3 trillion Indian rupees of bonds during December-January, boosting the note-purchase tally for the fiscal year to a record 5.7 trillion Indian rupees. Under Governor Sanjay Malhotra, the RBI has stepped up liquidity injections over the past year to reinforce its rate cuts and to manage the impact RBI’s market interventions to support the rupee have on banking system liquidity. [...]

India benchmark bond yield climbs to nearly 11-month high on deepening supply woes

January 27, 2026 1:08

MUMBAI: India’s government bonds yields surged on Tuesday, sending the benchmark yield to a nearly 11-month high, pressured by heavy state borrowing, tight system liquidity and subdued risk appetite. The benchmark 10-year 6.48% 2035 bond yield settled at 6.7194%, its highest level since March 4, versus Friday’s close at 6.6635%. Indian financial markets were closed on Monday due to a local holiday. Rising supply worries eclipsed the central bank’s fresh plans to inject liquidity into the banking system. The Reserve Bank of India said after market hours on Friday that it would inject more than $23 billion of liquidity into the banking system. However, the market was hit by a large supply of state debt during the day, with the states selling 398 billion rupees of bonds at slightly elevated yields. States have announced a record borrowing of 5 trillion rupees for the January-March period. The government is also expected to announce a record gross borrowing plan for the next fiscal year, ranging between 16 trillion rupees to 17.5 trillion rupees, a supply glut that traders fear will weigh on bonds further. Indian bond yields have risen in recent weeks despite record RBI bond purchases and 100 basis points of rate cuts already delivered this year, reflecting unfavourable demand–supply dynamics for debt, exacerbated by news of the deferral of index inclusion. “Despite the RBI resuming its rate cutting cycle in December, the rate transmission has stalled meaningfully thanks to tight liquidity conditions,” economists at BofA Securities wrote in a note. India’s average bank liquidity surplus stayed at 0.2% of bank deposits in January, with the daily average at 569 billion rupees, even as Governor Sanjay Malhotra had said the RBI wants to keep surplus within the 0.6%-1% range of deposits. RATES India’s overnight index swap curve steepened further, driven by tight liquidity. The one-year OIS was slightly down at 5.5925%, while the two-year rate was up 3.25 bps at 5.76%. The five-year OIS rate 4.25 bps to 6.18%. [...]

Indian refiners say offers of Venezuelan oil limited, most going to US

January 27, 2026 11:54

SOUTH GOA: Indian oil refiners are only being offered small volumes of Venezuelan crude as most supply is heading to the United States, four refining executives said on Tuesday, slowing the return of the South American supply to the world’s third-largest importer. Trading houses Trafigura and Vitol began marketing Venezuelan oil this month after an agreement between Caracas and Washington for the U.S. to control 50 million barrels following its capture of Venezuela’s Nicolas Maduro on January 3, with proceeds going to a U.S.-supervised fund. Since then, Indian refiners - Reliance Industries Ltd , Indian Oil Corp Hindustan Petroleum Corp and Mangalore Refinery and Petrochemicals Ltd have been looking to buy Venezuelan crude. “Offers are not there. Traders are looking to meet their commitment to the U.S. market,” one executive said, referring to Vitol and Trafigura. The executives declined to be named as they are not authorised to speak to media. Vitol and Trafigura did not immediately respond to requests for comment. India’s Reliance Industries will consider buying Venezuelan oil Indian refiners have also previously said that discounts on Venezuelan crude are not wide enough to make it attractive for them to purchase. The trading firms have sold Venezuelan crude to U.S. and European refiners including Valero, Phillips 66, Repsol and Vitol’s Saras refinery in Italy. A Bharat Petroleum Corp executive said it plans to tie up with another firm to buy Venezuelan oil as the quantity it needs is small at about 200,000 barrels. [...]

Iron ore dips as construction halts weigh down demand

January 28, 2026 7:42

SINGAPORE: Iron ore futures extended declines on Wednesday, as construction projects gradually halt in the run-up to the Chinese Lunar New Year, weighing down demand for steel and feedstocks. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) traded 0.44% lower at 785 yuan ($113.02) a metric ton, as of 0311 GMT. The benchmark March iron ore on the Singapore Exchange was 0.5% lower at $103.3 a ton. Downstream steel demand has gradually shrunk along with the cessation of construction projects in the run-up to the Chinese Lunar New Year Holiday, according to Chinese broker Everbright Futures. Brazilian miner Vale’s iron ore production rose to 336.1 million tons in 2025, the company said on Tuesday, marking the first time since 2018 that its output surpassed that of rival Rio Tinto’s Pilbara operations in Australia. This comes after the company halted operations at units that analysts say account for about 2% of its iron ore production outlook for this year after water overflowed at the sites, according to a securities filing late Monday. An increase in iron ore shipments from Brazil will exert downward pressures in Chinese iron ore prices. Brazilian shipments are expected to experience a seasonal pullback as the country enters its rainy season. However, high port inventories are expected to offset potential upsides from reduced shipments, according to a note from the Shanghai Metals Market (SMM). Other steelmaking ingredients on the DCE languished, with coking coal and coke down 0.8% and 1.04%, respectively. Steel benchmarks on the Shanghai Futures Exchange lost ground. Rebar shed 0.41%, hot-rolled coil lost 0.39%, wire rod cooled 0.06% and stainless steel fell 1.5%. [...]

Copper climbs as dollar hits multi-year lows; aluminium surges on weak stock

January 28, 2026 6:47

Copper climbed on Wednesday after the US dollar slid to its weakest in nearly four years, while aluminium also surged. The most active copper contract on the Shanghai Futures Exchange (SHFE) rose 0.72% to 103,510 yuan ($14,902.96) a metric ton as of 0330 GMT. The benchmark three-month copper on the London Metal Exchange, meanwhile, jumped 1.69% to $13,226.50 a ton. Both contracts hovered below record levels set earlier this month. The dollar index on Tuesday hit its lowest since February 2022 after US President Donald Trump replied that the value of the greenback was “great”, when a reporter asked him if he thought it had fallen too much lately. A weaker dollar supports commodities traded with the greenback, making it cheaper for investors using other currencies. Meanwhile, supply constraints continued to underpin copper’s strength. Elsewhere, aluminium is having a strong run, as the most traded contract in Shanghai surged 4.54% to 25,345 yuan a ton, after rising as much as 5.09% earlier, leading the gains among SHFE base metals. The benchmark three-month aluminium also led in London, rising 2.21% to $3,278 a ton. Goldman Sachs on Tuesday lifted its first-half outlook for the light metal to $3,150 a ton from $2,575, attributing the hike to low global inventories, power availability worries for new smelters in Indonesia and firm global demand growth. Among other SHFE base metals, zinc rose 2.08%, lead nudged 0.06% higher, tin surged 2.05%, and nickel declined 1.30%. Elsewhere on the LME, zinc rose 1.98%, lead added 0.57%, nickel gained 0.64% and tin climbed 0.87%. [...]

Hong Kong stocks extend gains to 4-1/2-year high, mainland market higher

January 28, 2026 6:40

SHANGHAI: Hong Kong stocks climbed for a sixth consecutive session to notch a 4-1/2-year high on Wednesday, tracking gains on Wall Street and led by advances in energy and materials shares following gold’s blistering rally. By the midday break, Hong Kong’s benchmark Hang Seng Index was up 2.21% - its highest level since July 2021. Energy and materials stocks were the top gainers, with the Hang Seng energy and materials sub-indexes jumping 4.71% and 3.89%, respectively. This came after gold broke through $5,200 for the first time on Wednesday, after rising more than 3% in the previous session, as the dollar plunged to a near four-year low amid persisting geopolitical concerns. Surging gold prices also supported mainland shares, with the CSI non-ferrous metal sub-index leaping 5.24%. Zijin Mining rose 3.82%. In the mainland market, the Shanghai Composite index rose 0.49% while the blue-chip CSI300 index inched higher by 0.47%. Busy Ming Group shares jumped 75% on their Hong Kong trading debut on Wednesday, after the Chinese snack and beverage retailer raised HK$3.67 billion in an initial public offering. Embattled property developer China Vanke, rose in morning deals after the company received further support from its biggest shareholder Shenzhen Metro. Separately, China has approved its first batch of Nvidia’s H200 artificial intelligence chips for import, sources told Reuters, marking a shift in position as China seeks to balance its AI needs against spurring domestic development. “Investors will watch closely for any guidance from Federal Reserve Chair Jerome Powell on the path of interest rate cuts for this year, as well as whether the earnings of tech giants can justify the pressure of high valuations,” analysts at SDIC Securities said in a note. Around the region, MSCI’s Asia ex-Japan stock index was firmer by 1.26% while Japan’s Nikkei index was down 0.55%. [...]

China gives green light to importing first batch of Nvidia’s H200 AI chips, sources say

January 28, 2026 6:36

China has approved its first batch of Nvidia’s H200 artificial intelligence chips for import, two people familiar with the matter told Reuters, marking a shift in position as China seeks to balance its AI needs against spurring domestic development. The approval covers several hundred thousand H200 chips and was granted during Nvidia Chief Executive Jensen Huang’s visit to China this week, the sources said, requesting anonymity due to the sensitivity of the matter. The first batch of approvals has been allocated primarily to three major Chinese internet companies, with other enterprises now joining a queue for subsequent approvals, one of the sources said. They declined to name the companies that received the initial clearances. China’s industry and commerce ministries as well as Nvidia had not yet responded to requests for comment at the time of publication. The H200, Nvidia’s second most powerful AI chip, has emerged as a major flashpoint in US-China relations. Despite strong demand from Chinese firms and US approval for exports, Beijing’s hesitation to allow imports has been the main barrier to shipments. The US earlier this month formally cleared the way for Nvidia to sell the H200 to China, where the company is seeing strong appetite. However, Chinese authorities have the final say on whether they would allow it to be shipped in. It was unclear in recent weeks whether Beijing would grant approval as the government wants to balance meeting surging domestic demand for advanced AI chips and nurturing its domestic semiconductor industry. Chinese customs authorities told agents that the H200 chips were not permitted to enter China, Reuters reported earlier this month. But Chinese technology firms have placed orders for more than two million H200 chips, far exceeding Nvidia’s available inventory, Reuters reported last month. It remains uncertain how many additional companies will receive approval in subsequent batches or what criteria Beijing is using to determine eligibility. Huang arrived in Shanghai last Friday for routine annual celebrations with Nvidia’s China employees and has since travelled to Beijing and other cities, Reuters reported last week. Balancing act The approvals of H200 suggest Beijing is prioritising the needs of major Chinese internet companies, which are spending billions of dollars to build data centres needed to develop AI services and compete with US rivals, including OpenAI. While Chinese companies such as Huawei now have products that rival the performance of Nvidia’s H20 chip, previously the most advanced AI chip it was allowed to sell to China, they still lag far behind the H200. The H200 delivers roughly six times the performance of Nvidia’s H20 chip. Still Beijing has discussed requiring companies to buy a certain quota of domestic chips as a condition for receiving approval to import foreign semiconductors, Reuters previously reported. [...]

Japanese bonds rally as 40-year auction shows resilient demand before election

January 28, 2026 6:24

TOKYO: Japanese government bonds (JGBs) rallied on Wednesday, as yields hovering near record highs attracted strong demand at an auction of super-long-term debt. The yield on the 40-year JGB, which last week touched an all-time high of 4.205%, fell 3.5 basis points (bps) to 3.9% following a sale of the securities. The benchmark 10-year bond yield fell 3.5 bps to 2.250%. Yields move inversely to bond prices. Japanese bond markets have been on edge on expectations a snap lower house election on February 8 may usher in more debt-funded stimulus. Prime Minister Sanae Takaichi has pledged a two-year suspension of the sales tax on food, which accounts for around 5 trillion yen ($32.78 billion) in revenue a year, without saying how she will make up for the shortfall. On Wednesday, the Ministry of Finance sold about 400 billion yen in 40-year bonds, Japan’s longest tenor. The auction had a bid-to-cover ratio, a measure of demand, of 2.76, the highest since a sale in March 2025. The auction “was strong across supply-demand, price, and follow-through,” said Shoki Omori, chief desk strategist at Mizuho Securities. “This outcome supports a constructive backdrop for the upcoming 30-year auction.” Long-term yields have climbed sharply since early November, hitting successive records, on concerns over the size of Takaichi’s spending plan. Meanwhile, short-term yields have faced upward pressure after the Bank of Japan raised policy rates in December and signalled that more hikes were on the way. Minutes of the BOJ’s December meeting released on Monday showed that policymakers agreed on the need to keep raising rates, with some emphasising the role of a weak yen on underlying inflation. The two-year yield, the most sensitive to central bank policy rates, decreased 2.5 bps to 1.25%. The five-year yield fell 2.5 bps to 1.685%. [...]

Yuan hits fresh 32-month high as dollar tumbles, PBOC boosts guidance

January 28, 2026 6:15

HONG KONG: China’s yuan touched a new 32-month high against the US dollar on Wednesday after Beijing guided its currency higher as global greenback selling intensified while Chinese exporters’ seasonal settlement needs continued. The yuan strengthened to as much as 6.9449 against the US dollar, the strongest level since May 15, 2023, before easing to trade at 6.9457 as of 0330 GMT. Its offshore counterpart was little changed and traded at 6.939 yuan per dollar. The gains followed a sharp drop in the greenback overnight. US President Donald Trump said on Tuesday the value of the dollar was “great” when asked whether he thought it had declined too much. That emboldened sellers and sent the currency plunging to a four-year low. Prior to the market opening, the People’s Bank of China set the yuan’s midpoint rate at 6.9755 per dollar, its strongest level since May 17, 2023. The guidance was more than 100 pips stronger than the previous session, marking the biggest single day change since August, but still 524 pips weaker than a Reuters estimate. The central bank has been gradually strengthening its daily yuan official guidance but at levels weaker than market projections, suggesting it is allowing some appreciation and discouraging one-way bets on rapid yuan gains, traders and analysts said. Markets are broadly expecting the dollar index to weaken in 2026, with many predicting it will drop to new cyclical lows, analysts at China Construction Bank wrote in a note. “Given that the greenback is unlikely to regain strength in 2026, the renminbi should face much less external pressure going forward,” they said, adding that China’s equity outperformance will also attract foreign inflows and boost the currency. The yuan is up 0.7% against the dollar this month following a 4.5% rise in 2025 due to a string of positive factors including a weaker greenback and increased year-end demand from exporters. Foreign exchange settlement demand is likely to remain elevated ahead of the Lunar New Year holidays, and with most market players betting on further yuan strength, exporters are increasingly adopting a “sell dollars on strength” approach, according to Nanhua Futures. “This trend will keep pushing the yuan higher against the dollar,” they said. [...]

ECB may need fresh rate cut if euro strengthens, Kocher tells FT

January 28, 2026 6:06

The European Central Bank may need to consider another interest rate cut if further gains in the euro begin to weigh on the bank’s inflation outlook, Austrian central bank governor Martin Kocher told the Financial Times. “If the euro appreciates further and further, at some stage this might create of course a certain necessity to react in terms of monetary policy,” Kocher said in an interview published on Wednesday. [...]

India bonds inch up as RBI moves up debt buying after sell-off

January 28, 2026 5:54

MUMBAI: Indian sovereign bonds edged higher on Wednesday as the central bank brought forward its open market purchases by a week, prompting some traders to unwind bearish bets in early trade. The benchmark 10-year bond yield was at 6.7083% as of 11:00 a.m. IST. It ended Tuesday’s session at 6.7194%, its highest closing level in 11 months. Bond yields move inversely to prices. The Reserve Bank of India on Tuesday said it has moved up its OMO timetable, and is now set to purchase 1 trillion rupees ($10.92 billion)of bonds in two tranches - on January 29 and February 5 - a week earlier than scheduled. Traders, however, said the relief may be temporary as worries around excess supply and expectations of a larger borrowing plan for the next fiscal year, starting April, keeps risk appetite in check. “The RBI moved ahead the open market purchases, which triggered some short-covering, but further moves hinge on the federal budget now,” said a trader at a primary dealership. “A close below 6.70% on the 10-year paper is crucial for further easing.” New Delhi will sell 320 billion rupees of the 6.48% 2035 bond on Friday, ahead of the budget on Sunday. Most analysts expect FY27 borrowing of 16–17.5 trillion rupees, a record quantum for any fiscal year. Traders will also monitor the treasury bill auction scheduled for later in the day, amid rising short-term rates. [...]

Soybeans and corn rise thanks to sliding dollar, hot Argentina weather

January 28, 2026 5:51

Chicago Board of Trade corn and soybean futures climbed on Wednesday as the market grappled with hot and dry conditions in Argentina that could damage crops and a rapidly weakening US dollar. Wheat futures also rose. [...]

Palm little changed as stronger ringgit weighs on prices

January 28, 2026 5:47

JAKARTA: Malaysian palm oil futures were little changed in early trade on Wednesday, as a stronger ringgit countered support from gains in rival Chicago and Dalian soyoil. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange gained 2 ringgit, or 0.05%, to 4,262 ringgit ($1,087.24) a metric ton in early trade after two straight sessions of gains. [...]

Australian shares climb as commodities lift gold, oil stocks ahead of key inflation data

January 28, 2026 5:46

Australian shares advanced on Wednesday, buoyed by gains in gold and oil stocks on firmer commodity prices, while investors awaited a critical inflation report expected to guide the central bank’s next monetary policy decision. The S&P/ASX 200 index rose 0.4% to 8,976.40 by 2335 GMT and is set for its fourth consecutive session of gains. The benchmark advanced 0.9% to hit a three-month high on Tuesday. A robust jobs report last week has sharpened expectations of an early interest-rate hike, placing added weight on consumer price data, due later in the day, to gauge the Reserve Bank of Australia’s (RBA) policy path. Markets are focused on the December-quarter trimmed-mean inflation, expected to rise 0.8%, which would lift the annual rate to 3.3%, above the RBA’s 2%-3% target band. An increase of 0.7% or less would temper the odds of a rate hike at the RBA’s February 3 meeting, while a 0.9% or higher print would sharply swing the chances toward tightening, leaving a 0.8% increase to go down to the wire. Traders are pricing in a near 60% chance of a quarter-point rise to the cash rate next week, with positions set to shift on the inflation print. Energy firms leapt 1.4% to hit their highest since September 3 after oil futures surged. Woodside Energy rose 1.8% after the oil giant’s $3.04 billion quarterly revenue topped Visible Alpha’s $2.84 billion estimate. Gold stocks rose 1% after the bullion jumped to a record peak. Sub-index heavyweight Northern Star Resources climbed as much as 2.5%. Miners jumped 1.3% to a second straight session of record high. Mining giants BHP, Rio Tinto and Fortescue rose between 0.4% and 1.5%. Financials edged up 0.2%, with top lender Commonwealth Bank of Australia advancing 0.4%. Meanwhile, New Zealand’s benchmark S&P/NZX 50 index inched down 0.1% to 13,499.23. [...]

Australian dollar near 3-year peak as rate bets ramp up

January 28, 2026 5:44

SYDNEY: The Australian dollar paused near three-year peaks on Wednesday as a selloff in the greenback turned into a rout, while a hot set of inflation figures at home ramped up the chance of a rate hike as soon as next week. The Aussie was enjoying the view at $0.6994, climbing 1.4% overnight to as high as $0.7016. That was the first visit to 70 cents since early 2023 and left the Aussie up more than 4% in just five sessions. The breach of the $0.69435 resistance triggered further momentum buying and targets $0.7158 next. It got a further lift when Australian data showed a key trimmed mean measure of core inflation rose 0.9% in the December quarter, above forecasts of a 0.8% increase. The annual pace quickened to 3.4%, up from 3.0% the previous quarter and the fastest in more than a year. It was also above the Reserve Bank of Australia’s target range of 2% to 3%, setting the scene for a hike when it meets on February 3. Markets now imply a 70% probability of a quarter-point rise in the 3.6% cash rate, up from 60% before the data. An increase to 3.85% is fully priced in by May, with 4.10% seen by September. Analysts at ANZ responded by changing their call to a hike next week, though they assumed it would be one and done, as inflation should moderate through this year. Abhijit Surya, a senior APAC economist at Capital Economics, looks for rate rises in both February and May. “Household spending has been growing strongly, business investment is rising in tandem, and the labour market is also tightening,” he argued. “All of these factors will fuel the RBA’s concerns that the economy is operating above potential.” Yields on 10-year bonds were left at 4.82%, after hitting their highest since late 2023 overnight at 4.901%. The spread over Treasuries stood at 58 basis points, offering an attractive premium to the out-of-favour US dollar. The New Zealand dollar was also firm at $0.6030, after surging 1.2% overnight to clear $0.6007 resistance. The next targets are $0.6059 and $0.6120. The Reserve Bank of New Zealand next meets on February 18 and is considered certain to hold rates at 2.25%, though again investors believe the next move will be up. [...]

Japan’s Nikkei sinks under weight of strong yen; AI shares outperform

January 28, 2026 5:41

TOKYO: Japan’s Nikkei share average dropped on Wednesday as a sharply stronger yen scuppered sentiment in the exporter-heavy index, although gains for artificial intelligence-related stocks limited losses. The Nikkei lost 0.5% to 53,052.77 in morning trading, with 193 of the index’s 225 components falling. The broader Topix sank more than 1% to 3,525.78, with value shares outpacing declines among growth stocks. The yen vaulted to 152.10 per dollar for the first time in three months overnight, with traders on high alert to the risks of coordinated yen-buying intervention. Japanese Finance Minister Satsuki Katayama said on Tuesday that Tokyo will continue to closely coordinate with US authorities over the exchange rate, and will take “appropriate action.” On Friday, the yen spiked from near 1-1/2-year lows in what appeared to be rate checks, which are often a precursor to actual intervention, by both the Bank of Japan and later by the US Federal Reserve. “This sharp yen appreciation is stoking concerns about the currency’s impact on corporate earnings, leading to a broad-based decline across the Japanese stock market,” said Wataru Akiyama, a strategist at Nomura Securities. Several AI-linked stocks provided bright spots, notably cable makers Fujikura and Furukawa Electric, which each soared more than 11%. That followed news overnight that Meta Platforms will pay Corning up to $6 billion to provide fiber-optic cables for its AI data centres. SoftBank Group climbed 3.5% on media reports it is in discussions to invest up to $30 billion more in ChatGPT maker OpenAI. However, Shin-Etsu Chemical, a silicon wafer producer, tumbled 10.3% after disappointing financial results. Peer Sumco also dropped 5.7%. Japanese earnings season is gathering momentum this week, with Nvidia supplier Advantest, which makes chip-testing equipment, reporting results after the close on Wednesday. Its shares were up 0.5% ahead of that. [...]

Dollar struggles to recover from losses after Trump comments

January 28, 2026 5:37

HONG KONG: The dollar ticked up Wednesday following another selloff fuelled by Donald Trump’s suggestion he was happy with the currency’s recent decline, while tech firms extended their rally ahead of much-anticipated earnings from the sector this week. Traders are also keeping an eye on the Federal Reserve’s latest meeting, hoping for some guidance on its plans for interest rates amid uncertainty over the US president’s policies following his latest tariff threats. The greenback has retreated across the board this week following reports that the New York Fed had checked in with traders about the yen’s exchange rate, which fuelled talk that US and Japanese officials were prepared to stage a joint intervention. That led to speculation the White House was prepared to let the dollar weaken, and Trump did little to dismiss that when asked Tuesday if he was worried about the decline. “No, I think it’s great,” he told reporters in Iowa as the unit hit its weakest level against the euro in four-and-a-half years and a two-and-half-month low against the yen. “Look at the business we’re doing. The dollar’s doing great.” He added: “I want it to be – just seek its own level, which is the fair thing to do.” The dollar also sank against the pound, South Korean won and Chinese yuan, with a slight bump Wednesday doing little to recover its latest losses. Observers said unease about Trump’s latest tariff outbursts, including threats against European nations over their opposition to his Greenland grab and a warning to Canada over its trade talks with China, have also dented faith in US assets and weighed on the unit. Meanwhile, US consumer confidence plunged to its lowest level since 2014, a survey showed, as households fret about inflation and the elevated cost of living. Win Thin, at Bank of Nassau 1982 Ltd, said: “Foreign exchange typically is the leader in terms of showing market discomfort with a country’s policies and economic outlook, so this dollar weakness bears watching.” Equity markets were mixed in Asia, after the S&P 500 clocked another record high thanks to a surge in tech titans including Apple, Microsoft and Amazon. That helped Seoul to be among the best performers again – hitting another all-time peak – as chipmakers Samsung and SK hynix rallied. There were also healthy gains in Hong Kong, Shanghai, Taipei and Jakarta, though Tokyo, Sydney, Singapore, Wellington and Manila eased. Stocks up as earnings hopes offset Trump’s Korea tariff move, dollar wobbles Traders are keeping a close watch on earnings this week from some of Wall Street’s Magnificent Seven, with Microsoft, Meta, Tesla and Apple all reporting. “These results will provide critical insights into the trajectory of the artificial intelligence trade,” wrote Tony Sycamore, market analyst at IG. “After losing momentum in the final months of 2025 due to growing scrutiny over return on investment, capital expenditure and real-world constraints, the market is eager to see if the AI narrative can regain traction in 2026. “Forward guidance will be key, alongside scrutiny of margins and capex projections.” In company news, tech investment titan SoftBank jumped almost six percent after the Wall Street Journal reported it was in talks to pump an additional $30 billion into ChatGPT developer OpenAI. That comes after it invested $22.5 billion last month for an 11 percent stake. Key figures at around 0230 GMT Tokyo - Nikkei 225: DOWN 0.6 percent at 53,029.97 (break) Hong Kong - Hang Seng Index: UP 1.5 percent at 27,541.71 Shanghai - Composite: UP 0.2 percent at 4,146.08 Dollar/yen: UP at 152.89 yen from 152.32 yen on Tuesday Euro/dollar: DOWN at $1.2000 from $1.2035 Pound/dollar: DOWN at $1.3808 from $1.3833 Euro/pound: DOWN at 86.90 pence from 86.98 pence West Texas Intermediate: UP 0.2 percent at $62.52 per barrel Brent North Sea Crude: UP 0.1 percent at $67.62 per barrel New York - Dow: DOWN 0.8 percent at 49,003.41 (close) London - FTSE 100: UP 0.6 percent at 10,207.80 (close)‑AFP [...]

Oil prices rise as US supply worries linger after winter storm

January 28, 2026 5:32

TOKYO: Oil prices gained further ground on Wednesday as supply concerns lingered after a winter storm disrupted US crude output and exports, while Middle East tensions lent additional support. Brent crude futures rose 28 cents, or 0.4%, to $67.85 a barrel by 0410 GMT, while US West Texas Intermediate crude climbed 35 cents, or 0.6%, to $62.74 a barrel. Both benchmarks surged about 3% on Tuesday. US producers lost up to 2 million barrels per day or roughly 15% of national output over the weekend, analysts and traders estimated, as the storm strained energy infrastructure and power grids. Crude and liquefied natural gas exports from US Gulf Coast ports tumbled to zero on Sunday, ship tracking service Vortexa said. A loss of production in Kazakhstan is also underpinning the rally, Toshitaka Tazawa, an analyst at Fujitomi Securities, said. “But once supply fears ease, selling pressure is likely to return,” Tazawa said. He added that on balance, a projected global crude supply surplus this year amid geopolitical risks, including the Middle East tensions, could keep WTI trading around $60 a barrel for now. Kazakhstan’s biggest oilfield, Tengiz, is likely to restore less than half of its normal production by February 7 as it slowly recovers from a fire and power outage, two sources familiar with the matter said. That was offsetting comments from pipeline operator CPC, which handles about 80% of Kazakhstan’s oil exports, that it had returned to full loading capacity at its Black Sea terminal after completing maintenance at one of its three mooring points. Supply fears remain amid mideast tensions A US aircraft carrier and supporting warships have arrived in the Middle East, two US officials, who declined to be identified, told Reuters on Monday, adding to President Donald Trump’s capabilities to defend US forces or potentially take military action against Iran. That has raised the prospect Trump will follow through on his threat to attack Iran’s senior leadership in response to the violent crackdown on nationwide protests, said ANZ analysts in a note. On the supply side, the Organization of the Petroleum Exporting Countries plus Russia and other allies (OPEC+), is set to keep its pause on oil output increases for March at a meeting on February 1, three OPEC+ delegates said. US crude oil and gasoline stockpiles were expected to have risen in the week ended January 23, while distillate inventories likely fell, an extended Reuters poll showed on Tuesday. But US crude and gasoline stocks fell while distillate inventories rose last week, market sources said, citing American Petroleum Institute figures on Tuesday. [...]

Search for 32 people missing in Indonesia landslide hampered by rain as death toll rises to 34

January 28, 2026 3:11

JAKARTA: Search operations for the 32 people still missing after a landslide in Indonesia’s West Java were hampered by rain on Wednesday morning, the country’s disaster mitigation agency said, as it raised the death toll to 34. The landslide hit Pasir Langu village in Bandung Barat region early on Saturday, triggered by heavy rains starting a day earlier. The village was located in a hilly area of the province about 100 km (62.14 miles) southeast of Indonesia’s capital, Jakarta. “It’s raining in the landslide site this morning but all the rescuers are ready to continue the search, waiting for the right timing,” the agency’s spokesperson Abdul Muhari told Reuters. Death toll from landslide in Indonesia’s West Java rises to 17 The death toll rose to 34 from the previous count of 20. Another 23 people survived the disaster. Twenty-three soldiers were killed while conducting border patrol training, the Indonesian Navy said on Tuesday. It was not immediately clear whether the latest death toll included those soldiers, Muhari said. A team is currently working at the scene to identify the bodies found by rescuers, Muhari added. At least 800 rescuers, military and police personnel along with nine excavators have been deployed to find the remaining missing people. Nearly 700 residents of the stricken village have been evacuated to local government buildings, the agency said earlier. [...]

Indian rupee set to find more breathing room after Trump remarks jolt dollar

January 28, 2026 3:08

Indian equity benchmarks set to open higher on EU trade deal, positive global cues

January 28, 2026 3:03

Dollar crumbles after Trump remarks; euro, yen, sterling surge

January 28, 2026 2:59

Alleged code of conduct violation in NA-18 Haripur by-poll: ECP adjourns proceedings against KP CM indefinitely

January 28, 2026 2:54

ISLAMABAD: The Election Commission of Pakistan (ECP) has adjourned the proceedings against Chief Minister Khyber Pakhtunkhwa Sohail Afridi indefinitely, following a stay order issued by the Peshawar High Court (PHC) in the related case. A five-member full bench of the ECP, headed by Chief Election Commissioner Sikandar Sultan Raja on Tuesday, heard the case against the CM KP over alleged code of conduct violation related to by-election on the National Assembly’s seat NA-18 Haripur that was held on November 23 last year. During the proceedings, CM KP’s counsel Ali Bukhari informed the ECP bench that PHC issued a stay order barring the ECP from proceeding further in this case. The ECP officials informed the bench that the PHC did not issue any written order restricting the ECP to hold proceedings of this case. However, the CEC was of the view that the bench should wait till receiving the PHC’s formal stay order. Any further action, he said, would be taken in accordance with the PHC order. The ECP bench then adjourned the case indefinitely. On November 20, last year, the ECP took notice of CM KP’s public speech in Havelian, a tehsil of district Abbottabad, delivered a day earlier on November 19. The poll entity accused CM Afridi of threatening the district administration, police, and electoral officials assigned to hold the NA-18 by-election in the said speech. The electoral body then fixed this case for regular hearing. Separately, the proceedings of a reference against Sohail Sultan, a lawmaker linked to Pakistan Tehreek-e-Insaf (PTI), also stand halted indefinitely, following the order of the Federal Constitutional Court (FCC) to the ECP to not proceed further on the matter. The reference, moved by one Nasrullah Khan, seeks disqualification of PTI-linked Member National Assembly (MNA) Sohail Sultan. Sultan is accused of violating Article 63(1)(K) of the Constitution that bars public office-holders from being elected or chosen to the Parliament for two years after their retirement or resignation from the service. Sultan was elected to NA-4 Swat in the 2024 general election, in alleged violation of the aforesaid article, when he was reportedly the advocate general of KP. The reference against him is sent to the ECP by Speaker NA Ayaz Sadiq under Article 63(2). This law provides that if any question of disqualification of a parliamentarian arises, the speaker NA is empowered to refer the matter to the ECP within 30 days. A three-member ECP bench, headed by the CEC, is hearing the reference. Copyright Business Recorder, 2026 [...]

Russia withdraws forces from airport in northeast Syria

January 28, 2026 2:54

QAMISHLI (Syria): Russia withdrew troops and equipment on Tuesday from an airport in Kurdish-held northeast Syria where its forces were based, as an AFP correspondent saw the base devoid of Russian flags and aircraft spotted the previous day. The departure comes as Kurdish forces who once controlled swathes of territory in the country’s north and east have withdrawn in the face of military pressure, as the country’s new Islamist authorities seek to extend control across the country. Russian forces, which backed former Syrian ruler Bashar al-Assad until his ouster in 2024, took over the Qamishli airport as a military base in November 2019 following a large-scale Turkish offensive against Kurdish fighters. A Syrian military official in Hasakeh province in the country’s northeast told AFP that “Russian forces are withdrawing heavy equipment and weapons from Qamishli airport via aircraft to the Hmeimim base”, Russia’s airbase on the Mediterranean coast. An AFP correspondent saw a cargo plane bearing the Russian flag taking off from the airport in the Kurdish-majority city earlier on Tuesday. “The last Russian plane has departed,” a member of the Kurdish security forces guarding the facility told AFP. The correspondent on Monday had seen Russian flags, cargo, helicopters and equipment such as radars inside the base, all of which were absent the following day. Kurdish authorities and the Syrian government did not immediately respond to AFP requests for comment. In 2019, US President Donald Trump, whose country had long supported the Kurds in their fight against the Islamic State group, said he would withdraw US troops from northeastern Syria. The Kurds then started talks with Assad and his main ally Russia, which subsequently began to conduct patrols in the area and acted as a buffer between the Kurds and Turkish forces. Both Russia and Syria’s new Islamist authorities have been looking to reset ties, and Moscow is particularly keen to build good relations with Damascus to secure agreements over the Hmeimim airbase and the Tartus naval base on the Mediterranean coast — its only official military outposts outside the former Soviet Union. The Kurds this month agreed to integrate their administration in the northeast into Syria’s new Islamist government and the two sides are largely observing a two-week ceasefire, which expires early next month, to enable further talks on the merger. [...]

Russia kills 6 in Ukraine, hits energy sites

January 28, 2026 2:53

ODESA (Ukraine): Russian forces killed six people and wounded dozens of others, including two children and a pregnant woman, in attacks on Ukraine’s energy facilities, Kyiv announced Tuesday. President Volodymyr Zelensky said the latest bombardment undermined peace efforts and urged allies to step up pressure on Moscow to end the war, which is grinding towards its fourth anniversary. “Every such Russian strike erodes the diplomacy that is still ongoing and undermines the efforts of partners who are helping to end this war,” he wrote on social media. A Russian drone barrage killed two people whose bodies were retrieved from rubble and wounded nearly three dozen people in the southern city of Odesa, regional officials said. [...]

China vows ‘support’ for Cuba after US threats

January 28, 2026 2:53

BEIJING: China promised on Tuesday to provide Cuba with “support and assistance” in the face of repeated threats from the United State, which weeks ago removed Havana’s ally in Venezuela Nicolas Maduro. Beijing and Havana are longtime socialist allies, and Chinese authorities have consistently opposed the economic blockade imposed on the island for decades by the United States. Tensions have intensified this month as US President Donald Trump warned that Cuba “is ready to fall”. Trump has told Havana to “make a deal” or pay a price similar to Venezuela, whose former leader Maduro was captured in a US bombing raid on January 3 that killed dozens of people. “China expresses its deep concern and opposition to the United States’ actions” on Cuba, foreign ministry spokesman Guo Jiakun said Tuesday at a regular press conference. “We urge the United States... to stop undermining regional peace and stability,” said Guo, also calling on Washington to “immediately lift the blockade and sanctions against Cuba”. “China will continue to provide Cuba with as much support and assistance as possible,” he said. Politico reported last week that the Trump administration is considering a naval blockade to halt all imports of oil into Cuba. The report cited a person familiar with the plan as saying: “Energy is the chokehold to kill the regime.” Cuban President Miguel Diaz-Canel on Saturday supervised military exercises, describing them as a deterrent against potential aggression from the United States. [...]

Oil prices mixed as US supply worries linger after winter storm

January 28, 2026 2:53

Trump shakes up Minneapolis immigration operation as White House seeks damage control

January 28, 2026 2:53

WASHINGTON/MINNEAPOLIS: Donald Trump’s border czar, Tom Homan, was set to take over the president’s sweeping immigration operation in Minneapolis on Tuesday, as the White House tries to tamp down national outrage over the second fatal shooting of a US citizen this month by federal agents. The move to install Homan in place of top Border Patrol official Gregory Bovino, who sources said is leaving after having led most of Trump’s crackdowns in Democratic-led cities, is part of a broader reset by the president amid some advisers’ concerns that the killing of 37-year-old Alex Pretti by federal agents could derail his immigration agenda. Trump spent the weekend huddling with senior advisers to reassess the administration’s response to Pretti’s death on Saturday, according to a White House official and a source familiar with the talks. The discussions included reducing the number of federal agents deployed to Minnesota, recalibrating the ICE mission in the state to focus more narrowly on deportations rather than broad enforcement operations and exploring greater coordination with state authorities. Trump also weighed whether immigration officers should be required to have body-worn cameras, as many police officers do, according to the White House official. The killing of Pretti, an ICU nurse shot multiple times by Border Patrol agents on Saturday during protests, has become a full-blown political crisis for Trump, with even some Republicans in Congress calling for investigations. Coupled with the fatal shooting of 37-year-old Renee Good earlier this month by an Immigration and Customs Enforcement officer, Pretti’s shooting prompted renewed anger over the aggressive tactics of some 3,000 federal agents who have been roving the streets of Minneapolis for weeks. Late on Monday, Minnesota’s chief federal judge ordered the acting head of US Immigration and Customs Enforcement, Todd Lyons, to appear for a contempt hearing on Friday after the judge said the agency failed to comply with court orders that some detainees receive bond hearings. “The court’s patience is at an end,” US District Judge Patrick Schiltz wrote. Bystander video of Pretti’s killing was widely shared, contradicting some Trump officials’ initial claims that Pretti, who was legally carrying a concealed gun but never touched it prior to being shot, posed a threat to law enforcement. Public support for Trump’s immigration enforcement tactics appeared to be waning both before and after the Pretti shooting, a Reuters/Ipsos poll showed. Some Republicans have voiced concern that absent a shift in tactics, Trump’s mass deportation push could cost the party its congressional majorities in November’s midterm elections. [...]

Saudi Arabia suspends work on massive Mukaab mega project

January 28, 2026 2:53

RIYADH: Saudi Arabia has suspended planned construction of a colossal cube-shaped skyscraper at the center of a downtown development in Riyadh while it reassesses the project’s financing and feasibility, four people familiar with the matter said. The Mukaab, at the center of Riyadh’s New Murabba development, is the latest fantastical gigaproject linked to Saudi’s Vision 2030 to be curtailed or delayed as the kingdom’s $925 billion sovereign wealth fund scales back ambitions to manage costs and prioritize spending. The kingdom is pivoting from heavy expenditure on futuristic projects that have dominated Crown Prince Mohammed bin Salman’s Vision 2030, such as NEOM’s The Line, to initiatives seen as more pressing and potentially profitable. Projects in focus now include infrastructure for World Expo 2030 and the 2034 World Cup, the sprawling $60 billion Diriyah mixed-use cultural zone and the Qiddiya tourism megaproject, five people familiar with the matter said. The repositioning also reflects mounting fiscal pressures as oil prices remain well below levels needed to fund the ambitious transformation agenda. The Mukaab was planned as a 400-metre by 400-metre metal cube containing a dome with an AI-powered display, the largest on the planet, that visitors could observe from a more than 300-metre-tall ziggurat - or terraced structure - inside it. “When you enter Mukaab, you enter another world,” CEO Michael Dyke told attendees at a Riyadh conference in December, acknowledging difficulties realizing the project. “Trying to solve for something that doesn’t exist today, that’s quite challenging,” he said. Its future is now unclear, with work beyond soil excavation and pilings suspended, three of the people said. Development of the surrounding real estate is set to continue, five people familiar with the plans said. The sources include people familiar with the project’s development and people privy to internal deliberations at the PIF. Officials from PIF, the Saudi government and the New Murabba project did not respond to requests for comment. [...]

French aircraft carrier heads to North Atlantic amid Greenland tensions

January 28, 2026 2:52

PARIS: The flagship of the French Navy, the Charles de Gaulle aircraft carrier, on Tuesday set course for the Atlantic, the defence ministry said, after the United States and Europe butted heads over Greenland. On Wednesday, French President Emmanuel Macron is to meet the leaders of Denmark and Greenland in Paris, his office said. European powers rallied together when US President Donald Trump this month undermined the transatlantic alliance by threatening to seize the autonomous Danish territory. Greenland is strategically located between the Arctic Ocean and the North Atlantic Ocean. The French defence ministry did not specify where the Charles de Gaulle was being deployed. But sources familiar with the matter told AFP that the aircraft carrier was heading to the North Atlantic, which has been at the heart of the geopolitical tensions. [...]

KATI lauds CM for inaugurating Korangi Bridge

January 28, 2026 2:52

KARACHI: Korangi Association of Trade and Industry (KATI) President Muhammad Ikram Rajput and Acting Patron-in-Chief Zubair Chhaya have extended heartfelt congratulations to Sindh Chief Minister Syed Murad Ali Shah on the inauguration of the Korangi Causeway Bridge, completed at a cost of Rs6.135 billion, terming it a major milestone towards public convenience and industrial development. The KATI leadership said the completion of the project would significantly ease commuting for citizens, reduce traffic congestion and provide a boost to economic activities in the city. They described the bridge as a vital infrastructure initiative that would benefit both industrial zones and the general public in the long run. President KATI Muhammad Ikram Rajput said the construction of the Korangi Causeway Bridge is a positive and sustainable step not only for industrial areas but also for ordinary citizens. “The project will greatly improve traffic flow and facilitate industrial and commercial activities,” he said, adding that the bridge holds particular importance for the development of Korangi, Landhi and surrounding areas. He noted that the bridge had been a long-standing demand of industrialists and local residents, which has finally been fulfilled through the serious and committed efforts of the Sindh government. Rajput pointed out that millions of people commute daily through Korangi, Landhi and adjoining localities, and the new bridge will help reduce traffic pressure while saving time, fuel and other resources for commuters and businesses alike. He further said that improved connectivity of industrial areas with major arteries of the city would play a key role in accelerating economic activity and enhancing overall productivity. Acting Patron-in-Chief Zubair Chhaya said the Korangi Causeway Bridge would make daily life easier for residents of Korangi and nearby areas by significantly reducing travel-related difficulties. He appreciated the Sindh government’s efforts in ensuring the effective and timely completion of development projects across the city and expressed hope that such initiatives would continue with the same momentum in the future.. Copyright Business Recorder, 2026 [...]

Punjab enters ‘new digital era’: CM leads AI training for provincial ministers

January 28, 2026 2:52

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif led the province’s first ever artificial intelligence (AI) training session for provincial ministers, marking what she described as the beginning of a new digital era in Punjab. The chief minister, along with members of the provincial cabinet, participated in an official workshop titled “Empowering Punjab with AI”, where experts from Google for Education briefed participants on the practical use of AI tools in governance and policymaking. During the session, the chief minister declared the use of AI mandatory in Punjab’s schools and approved the establishment of a Google Tech Valley Digital Transformation Advisory Board in the province. Addressing the workshop, Ms Sharif said digital technology had the potential to transform thinking and working methods, adding that AI support had become indispensable for reforms and effective policymaking. She emphasised the responsible use of AI tools to bring positive and sustainable change. The training included briefings on the use of AI in governance, policy frameworks, operational policymaking, sectoral reforms, and policy summary analysis. Cabinet members were also introduced to the effective use of Google tools, including Gemini, for official work. The meeting was informed that under Google for Education’s Tech Valley initiative, a master training programme for 3,000 teachers would be launched in Punjab. It was further shared that more than 300,000 student IDs would be established in the School Education Department, while 200,000 students and 2,000 teachers affiliated with the Punjab Education Foundation would also receive training. In addition, 1,000 scholarships will be provided to 10 organisations to promote digital journalism in the province. Copyright Business Recorder, 2026 [...]

Commercial, multi-storey buildings: CM orders strict enforcement of fire safety regulations

January 28, 2026 2:52

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif approved a series of wide-ranging measures to prevent fire incidents across the province, directing strict enforcement of safety regulations in commercial and multi-storey buildings. The decisions were taken during a special meeting chaired by the chief minister, who addressed commissioners and deputy commissioners via video link. The meeting approved the installation of 1157 water hydrants across nine divisions and the establishment of a new Fire Inspectorate Unit within Rescue 1122. The chief minister also approved the use of modern high-expansion foam generators to control fires and ordered the installation of smoke detectors and CCTV cameras in large buildings. First-aid facilities and oxygen cylinders were declared mandatory in major commercial structures. Specialised training programmes were approved for markets dealing in chemicals, cardboard, fabric and gas cylinders to improve preparedness against fire emergencies. The chief minister further ordered that every multi-storey building must be equipped with water hydrants, while externally ventilated staircases were made mandatory to ensure safe emergency evacuation. Expressing grief over the Gul Plaza tragedy in Karachi, Maryam Nawaz Sharif said Punjab stood in solidarity with the Sindh government, the people of Karachi and the bereaved families, and is ready to extend all possible assistance. Referring to a recent fire incident in Lahore, the chief minister said around 300 people were present in a 25-storey hotel building at the time. “We are thankful that a major tragedy was averted due to timely SOPs and response,” she said, adding that 300 people meant 300 families. She praised Rescue 1122 teams, noting that Director General Rescue Dr Rizwan reached the site within five minutes. “The response time was commendable and should be replicated across Punjab,” she said. The meeting was informed that damage at the hotel was prevented due to an operational nearby fire hydrant and the use of advanced high-expansion foam technology. The chief minister expressed concern over the misuse of emergency exits in commercial buildings and directed strict action against violations. She also instructed development authorities to ensure the enforcement of safety regulations during building construction and ordered that fire safety equipment must not only be installed but also remain functional. She directed regular checks of expiry dates of firefighting equipment and fire alarms, and warned that dangling and unsafe electrical wiring posed serious fire and rain-related hazards. The chief minister ordered province-wide inspection of gas cylinders and directed the sealing of companies manufacturing or selling substandard cylinders. Automatic sprinkler systems were made mandatory in all buildings. She further ordered the removal of encroachments blocking entry and exit points in congested markets, including Lahore’s Shah Alam Market, and directed that monthly mock fire drills be conducted in all districts. Compliance with fire safety drills was included in the key performance indicators of commissioners and deputy commissioners. Maryam Nawaz Sharif emphasised that fire safety measures should not remain cosmetic. “Rescue 1122 is a critical institution. We will provide the required equipment, capacity-building and training resources,” she said. She also directed that boilers and flammable materials should not be stored in basements of multi-storey buildings, stating that the loss of a worker due to negligence was unacceptable. “No worker being burned or killed can be tolerated,” she said. The chief minister directed that commercial buildings be given one month to install fire hydrants, warning that strict action would follow non-compliance. Copyright Business Recorder, 2026 [...]

Punjab by-polls: Notices served on minister, SAPM for 'violating' election code of conduct

November 21, 2025 1:33

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

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

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

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

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

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

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

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

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

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 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

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'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

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

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... [...]

Ilhan Omar incident did not happen in a vacuum, Muslim advocates say

January 28, 2026 3:49

A Muslim civil rights organization says an attack on Minnesota Rep. Ilhan Omar during a town hall event reflects a broader pattern of hate and rhetoric directed at the congresswoman.The Council on American-Islamic Relations said Omar was targeted by a man who sprayed an unknown substance at her... [...]

Woman dies after 'one punch' as teen charged with manslaughter

January 27, 2026 6:28

Woman dies after ‘one punch’ as teen charged with manslaughterA 19-year-old man has been charged with manslaughter after a woman died following what police allege was a ‘single punch’ outside a pub in Northumberland, United Kingdom.40-year-old Lisa Denton suffered a serious... [...]

Six-year-old killed shocking San Diego bicycle crash

January 27, 2026 4:21

Six-year-old killed shocking San Diego bicycle crashA six-year-old boy has died after being struck and killed in a car crash while riding his bicycle in a quiet San Diego neighbourhood, a case that has left a family devastated.Hudson Stephen O’Loughlin was hit on Saturday as he crossed an... [...]

'Sorry for this': Masked gunman carjacks woman to 'see his grandmother'

January 27, 2026 2:18

'Sorry for this': Masked gunman carjacks woman to 'see his grandmother'A masked man who claimed he urgently needed to visit his grandmother has landed himself in prison after carjacking a woman at gunpoint in Florida.According to the Orange County Sheriff’s Office, the suspect, identified as... [...]

Europe takes on Starlink: EU's IRIS2 satellite network set for 2029

January 27, 2026 1:02

Europe takes on Starlink: EU’s IRIS2 satellite network set for 2029Europe is set to compete with Elon Musk-owned satellite network Starlink by rolling out a multi-orbit array of 290 satellites, known as IRIS2.As reported by the EU defence and space commissioner, the IRIS2 would begin initial... [...]

Virginia steakhouse hit with $5m lawsuit after diners allege racial discrimination

January 27, 2026 12:50

Virginia steakhouse hit with $5m lawsuit after diners allege racial discriminationA group of nine women have filed a $5 million lawsuit against an upscale Virginia steakhouse, claiming they were wrongly thrown out after a fight broke out nearby.The lawsuit centres on an incident last November at... [...]

New poll finds Tump's approval on immigration falls to record low

January 27, 2026 11:56

New poll finds Tump’s approval on immigration falls to record lowAmerican approval of President Donald Trump's immigration policy dropped to its lowest level since his return to the White House.A new poll found that Trump’s approval rating on immigration has dropped to a record low... [...]

Whitney Cummings apologizes after targeting children's YouTuber Ms Rachel

January 27, 2026 10:38

Whitney Cummings forced to apologize after coming for YouTuber Ms RachelComedian Whitney Cummings has appologized after sparking huge backlash over her comments making fun of YouTube star Ms. Rachel.Whitney, 43, saw Ms Rachel’s content with her son Henry, two, and took to X to share a... [...]

EV sales in Europe overtake petrol cars for first time: Why its matters?

January 27, 2026 8:54

EU pushes new trade deals: Diversification or hedge against rising tariff threats?

January 27, 2026 8:18

EU pushes new trade deals: Diversification or hedge against rising tariff threats? The international community is witnessing a seismic shift in world order characterized by absolute hegemony of great powers, weaponization of the world economy, rising threats of tariffs, and global... [...]

US-Japan tech deal: Scaling synthetic diamond production for chips, high-precision manufacturing

January 27, 2026 7:57

US-Japan tech deal:Scaling synthetic diamond production for chips, high-precision manufacturingThe United States and Japan are reportedly collaborating to build a synthetic diamond plant in the US, a significant move that is part of Japan's broader $550-billion investment package. The announcement... [...]

Trump raises US tariff on South Korea imports to 25%: Global economic fallout

January 27, 2026 6:47

Trump raises US tariff on South Korea imports to 25%: Global economic falloutUS President Donald Trump has reportedly announced an increase in tariffs on South Korean imports from 15% to 25%. This move marks a significant reversal of a previous agreement reached in late 2025 and targets... [...]

French lawmakers approve social media ban for under-15s

January 27, 2026 6:17

French lawmakers approve social media ban for under-15sIt has been under consideration whether France should also move forward after Australia’s bold initiative for completely banning social media access for under 16s.France's National Assembly on Monday January 26,2026 also backed... [...]

How to watch the new 'Melania' movie as Trump calls the documentary a must see

January 27, 2026 6:01

President Donald Trump is publicly backing a new documentary focused on First Lady Melania Trump, calling the project a “must watch” as it prepares for a global theatrical release.The president promoted the film on X on Monday, sharing a link to Amazon, where advance tickets for the... [...]

Deadly Nipah virus outbreak: How it spreads, and symptoms to watch out for

January 27, 2026 5:17

India is working to contain a nipah virus outbreak in the eastern state of West Bengal after five confirmed cases, including infections among doctors and nurses. Local media report that nearly 100 people have been asked to quarantine at home, while patients are being treated in hospitals in and... [...]

کراچی: لاہور کے رہائشی 3 بچے کورنگی عوامی کالونی پولیس کو مل گئے

January 27, 2026 7:01

کراچی میں کورنگی عوامی کالونی پولیس کو تین بچے ملے ہیں، بچے اپنا پتہ لاہور کا بتاتے ہیں، بچوں کی عمریں تین سے آٹھ سال کے قریب... [...]

پاکستان و متحدہ عرب امارات کا تجارتی روابط مضبوط بنانے کا عزم

January 27, 2026 7:01

متحدہ عرب امارات کے دورے میں صدر زرداری سے ابوظہبی پورٹس گروپ کی ملاقات میں دونوں ممالک میں تجارتی روابط مزید مضبوط بنانے کا پر اتفاق... [...]

صدر زرداری کی امارات کے وزیرِ رواداری اور بقائے باہمی شیخ نہیان بن مبارک النہیان سے ملاقات

January 27, 2026 7:01

صدر مملکت آصف علی زرداری سے متحدہ عرب امارات کے وزیرِ رواداری اور بقائے باہمی شیخ نہیان بن مبارک النہیان کی ملاقات، دونوں رہنماؤں... [...]

پارلیمانی وفد کی سرکاری خرچ پر روضہ رسولﷺ پر حاضری، سفارشات وزارت مذہبی امور کو ارسال

January 27, 2026 6:01

فائل فوٹوپارلیمانی وفد کے سرکاری خرچ پر روضہ رسول صلی اللّٰہ علیہ وسلم پر حاضری کے معاملے میں قائمہ کمیٹی نے سفارشات وزارت مذہبی... [...]

ایم کیو ایم کا متاثرین گل پلازا کے لیے بھرپور آواز اٹھانے کا فیصلہ

January 27, 2026 6:01

فوٹو: جنگ۔شعیب احمدمتحدہ قومی موومنٹ نے متاثرین گل پلازا کے حقوق کے لیے بھرپور آواز اٹھانے کا فیصلہ کیا ہے۔ایم کیو ایم اعلامیہ کے... [...]

پاکستان اور متحدہ عرب امارات کا دو طرفہ تعلقات کو مزید مضبوط بنانے پر اتفاق

January 27, 2026 6:01

فوٹو: سوشل میڈیا۔PresOfPakistan@صدر آصف زرداری نے متحدہ عرب امارات کے صدر شیخ محمد بن زاید النہیان سے ملاقات کی، جس میں دوطرفہ تعلقات کو... [...]

سانحہ گل پلازا، سندھ حکومت سے تعاون کیلئے تیار ہیں، مریم نواز

January 27, 2026 5:01

فائل فوٹووزیراعلیٰ پنجاب مریم نواز نے کہا ہے کہ گل پلازا سانحے میں سندھ حکومت کو مدد چاہیے تو تعاون کے لیے تیار ہیں۔بلڈنگ سیفٹی اجلاس... [...]

اتوار کو خیبر میں بسنے والی اقوام کا جرگہ بلا رہا ہوں: سہیل آفریدی

January 27, 2026 5:01

سہیل آفریدی—فائل فوٹوخیبر پختونخوا کے وزیرِ اعلیٰ سہیل آفریدی کا کہنا ہے کہ اتوار کو 2 بجے پورے خیبر میں بسنے والی اقوام کا جرگہ... [...]

پاکستان نے اقتصادی تعاون تنظیم کی دو سالہ چیئرمین شپ سنبھال لی

January 27, 2026 5:01

فوٹو: فائلپاکستان نے اقتصادی تعاون تنظیم کی دو سالہ چیئرمین شپ سنبھال لی، پاکستان 2026 اور2027 کیلیے ای سی او کی چیئرمین شپ سنبھالے... [...]

وزیراعظم شہباز شریف سے چیئرمین نیب کی ملاقات

January 27, 2026 5:01

—فوٹو: پی آئی ڈیوزیرِاعظم شہباز شریف سے چیئرمین نیب لیفٹیننٹ جنرل نذیر احمد نے ملاقات کی اور وزیرِاعظم کو نیب کی سالانہ رپورٹ... [...]

صدر آصف زرداری کی اماراتی وزیر شیخ نہیان بن مبارک النہیان سے ملاقات

January 27, 2026 5:01

—تصویر بشکریہ ایکسابوظبی میں صدرِ مملکت آصف زرداری نے یو اے ای کے وزیرِ رواداری و بقائے باہمی شیخ نہیان بن مبارک النہیان سے ملاقات... [...]

سندھ میں سال کی پہلی ریبیز ہلاکت، 8 سالہ بچی انتقال کرگئی

January 27, 2026 4:01

سندھ میں رواں برس ریبیز سے پہلی ہلاکت رپورٹ ہوگئی، سانگھڑ کے نواحی علاقے جھول میں کتے کے کاٹے سے 8 سالہ بچی انتقال کرگئی۔ انچارج... [...]

پولیس اور ہائیکورٹ بار کا تنازع حل، اسلام آباد پولیس حکام نے نامناسب رویے پر معذرت کرلی

January 27, 2026 4:01

تصویر بشکریہ، اسلام آباد ہائیکورٹ بار ایسوسی ایشن، فیس بکاسلام آباد پولیس اور ہائیکورٹ بار کے درمیان تنازع حل ہوگیا، پولیس حکام... [...]

بلوچستان حکومت نے محکمہ مذہبی امور ختم کرنے کی منظوری دیدی

January 27, 2026 4:01

بلوچستان حکومت نے صوبائی محکمہ مذہبی امور کو ختم کرنے کی منظوری دے دی۔بلوچستان میں محکمہ مذہبی امور ختم کر کے زکوۃ فنڈ میں... [...]

جو لوگ قائد کے کہنے پر شہر بند کرواتے تھے اُن کے کہنے پر استعفیٰ نہیں دوں گا، شرجیل میمن

January 27, 2026 3:01

فائل فوٹو سینئر وزیر سندھ شرجیل انعام میمن نے کہا ہے کہ جو لوگ اپنے قائد کے کہنے پر شہر بند کرواتے تھے، اُن کے کہنے پر استعفیٰ نہیں دوں... [...]

بھارتی طیارے کی کریش لینڈنگ، نائب وزیرِ اعلیٰ مہاراشٹرا اجیت پاوار سمیت 5 افراد ہلاک

January 28, 2026 4:01

—تصویر بشکریہ بھارتی میڈیابھارتی ریاست مہاراشٹرا میں طیارے کی کریش لینڈنگ ہوئی ہے جس کے نتیجے میں مہاراشٹرا کے نائب وزیرِ اعلیٰ... [...]

برطانوی وزیرِاعظم کیئر اسٹارمر چین پہنچ گئے

January 28, 2026 3:01

برطانوی وزیرِاعظم کیئر اسٹارمر 3 روزہ دورے پر چین پہنچ گئے، 2018ء کے بعد کسی برطانوی وزیرِ اعظم کا یہ پہلا دورۂ چین ہے۔سر کیئر... [...]

امریکی رکنِ کانگریس الہان عمر پر نامعلوم مائع چیزسے حملہ

January 28, 2026 2:01

—تصویر بشکریہ غیر ملکی میڈیاامریکا میں ایک تقریب کے دوران ڈیموکریٹک رکنِ کانگریس الہان عمر پر کوئی بدبودار مائع چیز پھینکی... [...]

ٹرمپ نے آئس اہلکاروں کے ہاتھوں قتل شہری ہی کو اپنی موت کا ذمہ دار ٹہرا دیا

January 28, 2026 1:01

امریکی صدر ڈونلڈ ٹرمپ نے منی سوٹا میں آئس اہلکاروں کے ہاتھوں قتل شہری ہی کو اپنی موت کا ذمہ دار ٹہرا دیا۔ٹرمپ نے امیگریشن اینڈ کسٹمز... [...]

ایران امریکا کشیدگی: ایران کا بھی آبنائے ہرمز میں فوجی مشقوں کا اعلان

January 28, 2026 12:01

—فائل فوٹوایرانی پاسداران انقلاب کی جانب سے آبنائے ہرمز فوجی مشقوں کا اعلان کرتے ہوئے کہا گیا ہے کہ امریکی جہاز ایرانی سمندری حدود... [...]

آج سے وسط مدتی انتخاب کی مہم شروع کررہے ہیں، ٹرمپ

January 27, 2026 11:01

امریکی صدر ٹرمپ نے کہا ہے کہ آج سے وسط مدتی انتخاب کی مہم شروع کررہے ہیں۔صدر ٹرمپ نے آیئوا میں تقریب سے خطاب کرتے ہوئے کہا کہ یہ... [...]

ایران میں مظاہرین کو مسلح کرنا ہوگا: امریکی سینیٹر

January 27, 2026 10:01

امریکی سینیٹر ٹیڈ کروز—تصویر بشکریہ غیر ملکی میڈیاامریکی سینیٹر ٹیڈ کروز نے کہا ہے کہ ایرانی مظاہرین کو مسلح کرنے کی ضرورت ہے تاکہ... [...]

عراق کا نوری المالکی کو وزیراعظم بنانا غلط فیصلہ ہوگا، ٹرمپ

January 27, 2026 10:01

امریکی صدر ٹرمپ کا کہنا ہے کہ عراق اگر نوری المالکی کو دوبارہ وزیراعظم بناتا ہے تو یہ بہت غلط فیصلہ ہوگا۔ٹرمپ نے کہا کہ نوری المالکی... [...]

غزہ میں فلسطینی ریاست کے قیام کی اجازت نہیں ہوگی، نیتن یاہو

January 27, 2026 9:01

اسرائیلی وزیراعظم نیتن یاہو نے کہا ہے غزہ میں فلسطینی ریاست کے قیام کی اجازت نہیں ہوگی، اجازت دینے سے متعلق باتیں ہورہی ہیں تاہم... [...]

روس یوکرین مذاکرات میں اچھی چیزیں ہورہی ہیں، ٹرمپ

January 27, 2026 8:01

امریکی صدر ٹرمپ نے کہا کہ روس یوکرین مذاکرات میں بہت اچھی چیزیں ہو رہی ہیں۔امریکا کی ثالثی میں روس یوکرین مذاکرات گزشتہ ہفتےابوظبی... [...]

ایران کی جانب بحری بیڑہ بڑھ رہا ہے، اب ایران کو سمجھوتا کرنا ہوگا، ٹرمپ

January 27, 2026 8:01

—تصویر بشکریہ غیر ملکی میڈیاامریکی صدر ڈونلڈ ٹرمپ نے کہا ہے کہ ایران کی جانب بحری بیڑہ روانہ کردیا ہے، اب ایران کو چاہیے کہ سمجھوتے... [...]

سعودی عرب نے ایران کیخلاف کسی بھی قسم کی جارحیت کو مسترد کردیا

January 27, 2026 4:01

فوٹو: سوشل میڈیاسعودی عرب نے ایران کے خلاف کسی بھی قسم کی جارحیت، اشتعال انگیزی کو مسترد کردیا۔ایران کے صدر مسعود پزشکیان نے سعودی... [...]

باکو میں اسرائیلی سفارتخانے پر مبینہ حملے کا منصوبہ ناکام، 3 افراد زیر حراست

January 27, 2026 3:01

فوٹو: فائلآذربائیجان کے دارالحکومت باکو میں اسرائیلی سفارتخانے پر مبینہ حملے کا منصوبہ ناکام بنا دیا گیا۔ اسرائیلی میڈیا کے مطابق... [...]

ایرانی کرنسی کی قدر میں ریکارڈ کمی ہوگئی

January 27, 2026 3:01

تصویر سوشل میڈیا۔ایرانی کرنسی کی قدر میں ریکارڈ کمی ہوگئی، ایرانی کرنسی ٹریکنگ ویب سائٹس کا کہنا ہے کہ ایک ڈالر کے مقابلے میں ایرانی... [...]

میرے والدین جیسے افراد برطانیہ نہ آئیں، ساجد جاوید کے بیان پر تنازع کھڑا ہوگیا

January 27, 2026 2:01

اے ایف پیبرطانیہ کے سابق چانسلر ساجد جاوید نے اپنے والدین جیسے افراد کی برطانیہ آمد کی مخالفت کرکے تنازع کھڑا کر دیا۔برطانیہ کے... [...]

جنوری میں مہنگائی کی شرح 5 سے 6 فیصد رہنے کی توقع، آؤٹ لک رپورٹ جاری

January 27, 2026 4:01

—فائل فوٹووزارتِ خزانہ نے جنوری تک معاشی آؤٹ لک رپورٹ جاری کر دی۔وزارتِ خزانہ کی آؤٹ لک رپورٹ کے مطابق جنوری میں مہنگائی کی شرح 5... [...]

ایرانی کرنسی کی قدر میں ریکارڈ کمی ہوگئی

January 27, 2026 3:01

حکومت کی آئی ایم ایف سے کچھ شعبوں میں رعایتیں لینے کی تیاری

January 27, 2026 12:01

—فائل فوٹوپاکستان اور انٹرنیشنل مانیٹری فنڈ کے درمیان آئندہ مذاکرات کے معاملے پر نئی حکمتِ عملی طے پائی ہے۔وزارتِ خزانہ کے ذرائع... [...]

سونے کی فی تولہ قیمت 1500 روپے کم ہوگئی

January 27, 2026 10:01

ملک میں آج سونے کی فی تولہ قیمت 1500 جبکہ 10 گرام سونے کی قیمت 1286 روپے کم ہوگئی۔قیمتوں میں کمی کے بعد فی تولہ سونے کی قیمت 5 لاکھ 30 ہزار 562... [...]

اسٹیٹ بینک کا شرح سود برقرار رکھنے کا فیصلہ

January 26, 2026 11:01

فائل فوٹواسٹیٹ بینک نے مانیٹری پالیسی کا اعلان کردیا۔ مرکزی بینک کی جانب سے شرح سود برقرار رکھنے کا فیصلہ کیا گیا... [...]

سونے کی قیمت میں 10 ہزار روپے سے زائد کا اضافہ ہوگیا

January 26, 2026 7:01

فائل فوٹوملک میں سونے کی فی تولہ قیمت میں یکمشت 10 ہزار 900 روپے کا اضافہ ہوگیا۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق... [...]

پی ایس ایکس میں مثبت رجحان، 100 انڈیکس ایک لاکھ 90 ہزار سے تجاوز کرگیا

January 26, 2026 5:01

فائل فوٹوپاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے پہلے روز آج مثبت رجحان دیکھا جا رہا ہے۔ بازار حصص میں کاروبار کے دوران 100... [...]

پولیٹیکل اکانومی اصل مسئلہ ہے: بلال اظہر کیانی

January 25, 2026 3:01

وفاقی وزیرِ مملکت بلال اظہر کیانی—فائل فوٹووفاقی وزیرِ مملکت بلال اظہر کیانی نے کہا ہے کہ پولیٹیکل اکانومی اصل مسئلہ ہے، حکومت 5 سال... [...]

چند لوگوں نے معاشرے سے امید چھین لی: مصدق ملک

January 25, 2026 3:01

مصق ملک—فائل فوٹووفاقی وزیر برائے موسمیاتی تبدیلی مصدق ملک نے کہا ہے کہ چند لوگوں نے معاشرے سے امید چھین لی ہے۔انہوں نے یہ بات... [...]

پاکستان میں غربت کے خاتمے کیلئے مفتاح اسماعیل نے تجاویز پیش کر دیں

January 25, 2026 3:01

مفتاح اسماعیل— فائل فوٹوسابق وفاقی وزیرِ خزانہ مفتاح اسماعیل نے تجویز دی ہے کہ نیشنل فنانس کمیشن کم کریں، لوکل گورنمنٹ یا پھر نئے... [...]

اسٹیٹ بینک مانیٹری پالیسی میں شرح سود سنگل ڈیجٹ پر لائے، صدر لاہور چیمبر

January 25, 2026 9:01

— فائل فوٹو صدر لاہور ایوان صنعت و تجارت فہیم الرحمٰن سہگل کا کہنا ہے کہ اسٹیٹ بینک کل مانیٹری پالیسی میں شرح سود سنگل ڈیجٹ پر... [...]

ایم ڈی آئی ایم ایف کرسٹالینا جارجیوا شہباز شریف حکومت کی معترف

January 23, 2026 6:01

عالمی مالیاتی ادارے کی مینیجنگ ڈائریکٹر کرسٹالینا جارجیوا نے وزیرِ اعظم شہباز شریف کی معاشی اصلاحات کی تعریف کی ہے۔کرسٹالینا... [...]

پاکستان میں 4 بڑے برانڈز کے 62 ماڈلز سستے ہوں گے

January 23, 2026 3:01

فائل فوٹوپاکستان میں 4 بڑے برانڈز کے 62 موبائل فونز ماڈلز سستے ہوں گے، فیڈرل بورڈ آف ریونیو کسٹمز ویلیوایشن نے نئے اور کم ریٹس مقرر... [...]

سونے کی فی تولہ قیمت میں آج 9100 روپے کا اضافہ

January 23, 2026 10:01

---فائل فوٹو ملک میں سونے کی فی تولہ قیمت میں یکمشت 9 ہزار 100 روپے کا اضافہ ہو گیا ہے۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے... [...]

پاکستان اسٹاک ایکسچینج میں تیزی

January 22, 2026 5:01

— فائل فوٹوپاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے چوتھے روز آج مثبت رجحان دیکھا جا رہا ہے۔ بازارِ حصص میں کاروبار کے دوران 100... [...]

Here’s how Amazon is looking to take on Walmart at its own game

January 27, 2026 10:13

Amazon is looking into opening a supercenter retail location, while closing its Amazon Go and Amazon Fresh physical stores. [...]

Why shares of UnitedHealth, Humana and other insurers tanked — and took the Dow with them

January 27, 2026 10:12

Shares of UnitedHealth, Humana and other health insurers were clobbered Tuesday after a preliminary payment proposal for Medicare Advantage fell way short of analyst expectations. [...]

‘I have been living in mattress hell’: I bought a dud — twice. How can I get my money back?

January 27, 2026 10:04