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Gold prices in Pakistan fall for fifth consecutive day
October 24, 2026 9:59
Gold prices in Pakistan fall for fifth consecutive day

Gold prices in Pakistan decreased on Saturday in line with their loss in the international market. In the local market, gold price per tola reached Rs422,036 after a decline of Rs2,500 during the day. Similarly, 10-gram gold was sold at Rs361,827 after it fell by Rs2,144, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Friday, gold price per tola reached Rs424,536 after a decline of Rs7,000 during the day. The international rate of gold declined by $25 to reach $3,995 per ounce. Meanwhile, the price of silver also decreased by Rs7 to reach Rs5,858 per tola. [...]

Gold price per tola falls Rs7,000 in Pakistan
October 23, 2026 3:43
Gold price per tola falls Rs7,000 in Pakistan

Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs424,536 after a decline of Rs7,000 during the day. Similarly, 10-gram gold was sold at Rs363,971 after it fell by Rs6,001, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per tola reached Rs431,536 after a decline of Rs3,000 during the day. The international rate of gold declined by $70 to reach $4,020 per ounce. Meanwhile, the price of silver also decreased by Rs221 to reach Rs5,865 per tola. [...]

Pakistan rupee registers gain against US dollar
October 23, 2026 3:33
Pakistan rupee registers gain against US dollar

PKR vs USD Exchange Rate Chart @import url('https://fonts.googleapis.com/css2?family=Plus+Jakarta+Sans:wght@400;500;600;700&display=swap'); #pkr-chart-embed { font-family: 'Plus Jakarta Sans', -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, sans-serif; max-width: 1000px; width: 100%; margin: 24px auto; background-color: #ffffff; border: 1px solid #e2e8f0; border-radius: 20px; padding: 24px; box-shadow: 0 10px 25px -5px rgba(15, 23, 42, 0.05), 0 8px 10px -6px rgba(15, 23, 42, 0.05); color: #0f172a; box-sizing: border-box; } #pkr-chart-embed * { box-sizing: border-box; margin: 0; padding: 0; } #pkr-chart-embed .chart-header { display: flex; flex-direction: column; gap: 20px; margin-bottom: 20px; width: 100%; } #pkr-chart-embed .top-row { display: flex; flex-direction: row; justify-content: space-between; align-items: flex-start; gap: 20px; } #pkr-chart-embed .calculator-area { display: flex; flex-direction: column; gap: 8px; align-items: flex-start; } #pkr-chart-embed .main-title { font-size: 22px; font-weight: 700; color: #0f172a; letter-spacing: -0.025em; display: flex; flex-wrap: wrap; align-items: center; gap: 10px; } #pkr-chart-embed .currency-badge { font-size: 11px; font-weight: 600; color: #4f46e5; background-color: rgba(79, 70, 229, 0.08); padding: 3px 10px; border-radius: 9999px; border: 1px solid rgba(79, 70, 229, 0.15); text-transform: uppercase; } #pkr-chart-embed .calculator-title { font-size: 10px; font-weight: 700; color: #64748b; text-transform: uppercase; letter-spacing: 0.05em; } #pkr-chart-embed .converter { display: flex; align-items: center; background: #f8fafc; border: 1px solid #e2e8f0; border-radius: 12px; padding: 4px; gap: 6px; } #pkr-chart-embed .converter-group { display: flex; align-items: center; background: #ffffff; border-radius: 8px; padding: 6px 10px; box-shadow: 0 1px 2px rgba(15, 23, 42, 0.05); border: 1px solid #e2e8f0; } #pkr-chart-embed .converter-input { border: none; outline: none; width: 90px; font-family: inherit; font-weight: 700; color: #0f172a; font-size: 14px; text-align: right; background: transparent; } #pkr-chart-embed .converter-input.pkr-field { width: 120px; } #pkr-chart-embed .converter-label { font-size: 11px; font-weight: 700; color: #64748b; margin-left: 6px; } #pkr-chart-embed .equals-sign { color: #94a3b8; font-weight: 600; font-size: 16px; } #pkr-chart-embed .rate-badge-container { display: flex; flex-direction: column; align-items: flex-end; gap: 6px; } #pkr-chart-embed .rate-label-sub { text-align: right; } #pkr-chart-embed .rate-label-sub span:first-child { display: block; font-size: 9px; text-transform: uppercase; font-weight: 700; color: #64748b; } #pkr-chart-embed .rate-label-sub span:last-child { display: block; font-size: 12px; color: #334155; font-weight: 600; } #pkr-chart-embed .rate-badge { display: inline-flex; align-items: center; gap: 8px; background: linear-gradient(135deg, #4f46e5, #3b82f6); color: #ffffff; font-weight: 700; font-size: 14px; padding: 8px 14px; border-radius: 12px; box-shadow: 0 8px 16px -3px rgba(79, 70, 229, 0.25); } #pkr-chart-embed .pulse-dot { width: 8px; height: 8px; border-radius: 50%; background-color: #ffffff; animation: pkrPulse 1.5s infinite; } @keyframes pkrPulse { 0% { transform: scale(0.95); opacity: 0.6; } 50% { transform: scale(1.15); opacity: 1; } 100% { transform: scale(0.95); opacity: 0.6; } } #pkr-chart-embed .toolbar { display: flex; justify-content: space-between; align-items: center; flex-wrap: wrap; gap: 12px; margin-bottom: 16px; padding-bottom: 12px; border-bottom: 1px solid #f1f5f9; } #pkr-chart-embed .timeframe-selector { display: flex; gap: 4px; background: #f1f5f9; padding: 3px; border-radius: 10px; } #pkr-chart-embed .tf-btn { border: none; background: transparent; font-family: inherit; font-size: 12px; font-weight: 600; color: #64748b; padding: 5px 12px; border-radius: 7px; cursor: pointer; transition: all 0.2s ease; } #pkr-chart-embed .tf-btn.active { background: #ffffff; color: #4f46e5; box-shadow: 0 1px 3px rgba(0,0,0,0.1); } #pkr-chart-embed .stats-row { display: flex; gap: 16px; flex-wrap: wrap; } #pkr-chart-embed .stat-item { font-size: 12px; color: #64748b; } #pkr-chart-embed .stat-item strong { color: #0f172a; font-weight: 700; } #pkr-chart-embed .chart-canvas-container { position: relative; width: 100%; height: 380px; } @media (max-width: 768px) { #pkr-chart-embed .chart-canvas-container { height: 300px; } #pkr-chart-embed .top-row { flex-direction: column; align-items: flex-start; } #pkr-chart-embed .rate-badge-container { align-items: flex-start; } #pkr-chart-embed .rate-label-sub { text-align: left; } #pkr-chart-embed .toolbar { flex-direction: column; align-items: flex-start; } } PKR vs USD Exchange Rate USD / PKR Calculator USD = PKR Latest Closing 23-Oct-26 276.82 PKR 1M 3M 6M 1Y ALL High: -- Low: -- Avg: -- Change: -- (function() { // Historical closing rate dataset updated with 23-Oct-26 const rawLabels = ["04-Mar-25", "05-Mar-25", "06-Mar-25", "07-Mar-25", "10-Mar-25", "11-Mar-25", "12-Mar-25", "13-Mar-25", "14-Mar-25", "17-Mar-25", "18-Mar-25", "19-Mar-25", "20-Mar-25", "21-Mar-25", "24-Mar-25", "25-Mar-25", "26-Mar-25", "27-Mar-25", "28-Mar-25", "03-Apr-25", "04-Apr-25", "07-Apr-25", "08-Apr-25", "09-Apr-25", "10-Apr-25", "11-Apr-25", "14-Apr-25", "15-Apr-25", "16-Apr-25", "17-Apr-25", "18-Apr-25", "21-Apr-25", "22-Apr-25", "23-Apr-25", "24-Apr-25", "25-Apr-25", "28-Apr-25", "29-Apr-25", "30-Apr-25", "02-May-25", "05-May-25", "06-May-25", "07-May-25", "08-May-25", "09-May-25", "12-May-25", "13-May-25", "14-May-25", "15-May-25", "16-May-25", "19-May-25", "20-May-25", "21-May-25", "22-May-25", "23-May-25", "26-May-25", "27-May-25", "29-May-25", "30-May-25", "02-Jun-25", "03-Jun-25", "04-Jun-25", "05-Jun-25", "10-Jun-25", "11-Jun-25", "12-Jun-25", "13-Jun-25", "16-Jun-25", "17-Jun-25", "18-Jun-25", "19-Jun-25", "20-Jun-25", "23-Jun-25", "24-Jun-25", "25-Jun-25", "26-Jun-25", "27-Jun-25", "30-Jun-25", "02-Jul-25", "03-Jul-25", "04-Jul-25", "07-Jul-25", "08-Jul-25", "09-Jul-25", "10-Jul-25", "11-Jul-25", "14-Jul-25", "15-Jul-25", "16-Jul-25", "17-Jul-25", "18-Jul-25", "21-Jul-25", "22-Jul-25", "23-Jul-25", "24-Jul-25", "25-Jul-25", "28-Jul-25", "29-Jul-25", "30-Jul-25", "31-Jul-25", "01-Aug-25", "04-Aug-25", "05-Aug-25", "06-Aug-25", "07-Aug-25", "08-Aug-25", "11-Aug-25", "12-Aug-25", "13-Aug-25", "15-Aug-25", "18-Aug-25", "19-Aug-25", "20-Aug-25", "21-Aug-25", "22-Aug-25", "25-Aug-25", "26-Aug-25", "27-Aug-25", "28-Aug-25", "29-Aug-25", "01-Sep-25", "02-Sep-25", "03-Sep-25", "04-Sep-25", "05-Sep-25", "08-Sep-25", "09-Sep-25", "10-Sep-25", "11-Sep-25", "12-Sep-25", "15-Sep-25", "16-Sep-25", "17-Sep-25", "18-Sep-25", "19-Sep-25", "21-Sep-25", "22-Sep-25", "23-Sep-25", "24-Sep-25", "25-Sep-25", "26-Sep-25", "29-Sep-25", "30-Sep-25", "01-Oct-25", "02-Oct-25", "03-Oct-25", "06-Oct-25", "07-Oct-25", "08-Oct-25", "09-Oct-25", "10-Oct-25", "13-Oct-25", "14-Oct-25", "15-Oct-25", "16-Oct-25", "17-Oct-25", "20-Oct-25", "21-Oct-25", "22-Oct-25", "23-Oct-25", "24-Oct-25", "27-Oct-25", "28-Oct-25", "29-Oct-25", "30-Oct-25", "31-Oct-25", "03-Nov-25", "04-Nov-25", "05-Nov-25", "06-Nov-25", "07-Nov-25", "10-Nov-25", "11-Nov-25", "12-Nov-25", "13-Nov-25", "14-Nov-25", "17-Nov-25", "18-Nov-25", "19-Nov-25", "20-Nov-25", "21-Nov-25", "24-Nov-25", "25-Nov-25", "26-Nov-25", "27-Nov-25", "28-Nov-25", "01-Dec-25", "02-Dec-25", "03-Dec-25", "04-Dec-25", "05-Dec-25", "08-Dec-25", "09-Dec-25", "10-Dec-25", "11-Dec-25", "12-Dec-25", "15-Dec-25", "16-Dec-25", "17-Dec-25", "18-Dec-25", "19-Dec-25", "22-Dec-25", "23-Dec-25", "24-Dec-25", "26-Dec-25", "29-Dec-25", "30-Dec-25", "31-Dec-25", "02-Jan-26", "05-Jan-26", "06-Jan-26", "07-Jan-26", "08-Jan-26", "09-Jan-26", "12-Jan-26", "13-Jan-26", "14-Jan-26", "15-Jan-26", "16-Jan-26", "19-Jan-26", "20-Jan-26", "21-Jan-26", "22-Jan-26", "23-Jan-26", "26-Jan-26", "27-Jan-26", "28-Jan-26", "29-Jan-26", "30-Jan-26", "02-Feb-26", "03-Feb-26", "04-Feb-26", "06-Feb-26", "09-Feb-26", "10-Feb-26", "11-Feb-26", "12-Feb-26", "13-Feb-26", "16-Feb-26", "17-Feb-26", "18-Feb-26", "20-Feb-26", "23-Feb-26", "24-Feb-26", "25-Feb-26", "26-Feb-26", "27-Feb-26", "02-Mar-26", "03-Mar-26", "04-Mar-26", "05-Mar-26", "06-Mar-26", "09-Mar-26", "10-Mar-26", "11-Mar-26", "12-Mar-26", "13-Mar-26", "16-Mar-26", "17-Mar-26", "18-Mar-26", "19-Mar-26", "24-Mar-26", "25-Mar-26", "26-Mar-26", "27-Mar-26", "30-Mar-26", "31-Mar-26", "01-Apr-26", "02-Apr-26", "03-Apr-26", "04-Apr-26", "06-Apr-26", "07-Apr-26", "08-Apr-26", "09-Apr-26", "10-Apr-26", "13-Apr-26", "14-Apr-26", "14-Apr-26", "15-Apr-26", "16-Apr-26", "17-Apr-26", "20-Apr-26", "21-Apr-26", "22-Apr-26", "23-Apr-26", "24-Apr-26", "27-Apr-26", "28-Apr-26", "29-Apr-26", "30-Apr-26", "04-May-26", "05-May-26", "06-May-26", "07-May-26", "08-May-26", "11-May-26", "12-May-26", "13-May-26", "14-May-26", "15-May-26", "18-May-26", "19-May-26", "20-May-26", "21-May-26", "22-May-26", "25-May-26", "29-May-26", "01-Jun-26", "02-Jun-26", "03-Jun-26", "04-Jun-26", "05-Jun-26", "08-Jun-26", "09-Jun-26", "10-Jun-26", "11-Jun-26", "12-Jun-26", "15-Jun-26", "16-Jun-26", "17-Jun-26", "18-Jun-26", "19-Jun-26", "22-Jun-26", "23-Jun-26", "24-Jun-26", "29-Jun-26", "30-Jun-26", "02-Jul-26", "03-Jul-26", "06-Jul-26", "07-Jul-26", "08-Jul-26", "09-Jul-26", "10-Jul-26", "13-Jul-26", "14-Jul-26", "15-Jul-26", "16-Jul-26", "17-Jul-26", "20-Jul-26", "21-Jul-26", "22-Jul-26", "23-Jul-26", "24-Jul-26", "27-Jul-26", "28-Jul-26", "29-Jul-26", "30-Jul-26", "03-Aug-26", "04-Aug-26", "05-Aug-26", "06-Aug-26", "07-Aug-26", "10-Aug-26", "11-Aug-26", "12-Aug-26", "13-Aug-26", "17-Aug-26", "18-Aug-26", "20-Aug-26", "21-Aug-26", "24-Aug-26", "25-Aug-26", "27-Aug-26", "28-Aug-26", "31-Aug-26", "01-Sep-26", "02-Sep-26", "03-Sep-26", "04-Sep-26", "07-Sep-26", "08-Sep-26", "09-Sep-26", "10-Sep-26", "11-Sep-26", "14-Sep-26", "15-Sep-26", "16-Sep-26", "17-Sep-26", "18-Sep-26", "21-Sep-26", "22-Sep-26", "23-Sep-26", "24-Sep-26", "25-Sep-26", "28-Sep-26", "29-Sep-26", "30-Sep-26", "01-Oct-26", "02-Oct-26", "05-Oct-26", "06-Oct-26", "07-Oct-26", "08-Oct-26", "09-Oct-26", "12-Oct-26", "13-Oct-26", "14-Oct-26", "15-Oct-26", "16-Oct-26", "19-Oct-26", "20-Oct-26", "21-Oct-26", "22-Oct-26", "23-Oct-26"]; const rawData = [279.77, 279.87, 279.82, 279.97, 280.07, 279.95, 279.97, 280.05, 280.21, 280.17, 280.27, 280.21, 280.22, 280.26, 280.37, 280.42, 280.26, 280.22, 280.16, 280.56, 280.47, 280.57, 280.73, 280.78, 280.56, 280.47, 280.60, 280.57, 280.46, 280.62, 280.72, 280.87, 280.77, 280.97, 281.07, 280.97, 281.07, 281.02, 280.97, 281.06, 281.22, 281.37, 281.47, 281.52, 281.71, 281.57, 281.67, 281.72, 281.61, 281.66, 281.77, 281.92, 281.97, 282.06, 281.97, 282.06, 282.17, 282.07, 282.02, 281.97, 282.12, 282.22, 282.17, 282.21, 282.47, 282.67, 282.96, 283.17, 283.41, 283.55, 283.64, 283.70, 283.87, 283.77, 283.72, 283.67, 283.72, 283.76, 283.95, 283.86, 283.97, 284.22, 284.36, 284.47, 284.56, 284.46, 284.72, 284.67, 284.96, 284.97, 284.87, 284.95, 284.97, 284.76, 284.22, 283.45, 283.21, 283.05, 282.95, 282.87, 282.66, 282.57, 282.67, 282.56, 282.47, 282.45, 282.42, 282.22, 282.06, 282.01, 281.96, 281.95, 281.92, 281.90, 281.87, 281.86, 281.83, 281.80, 281.77, 281.75, 281.72, 281.71, 281.67, 281.65, 281.62, 281.61, 281.60, 281.56, 281.55, 281.52, 281.51, 281.50, 281.47, 281.46, 281.45, 281.46, 281.42, 281.43, 281.41, 281.37, 281.35, 281.32, 281.31, 281.27, 281.26, 281.25, 281.22, 281.21, 281.20, 281.17, 281.16, 281.15, 281.12, 281.11, 281.10, 281.07, 281.06, 281.05, 281.03, 281.02, 281.01, 280.97, 280.96, 280.92, 280.91, 280.90, 280.87, 280.86, 280.85, 280.82, 280.81, 280.78, 280.77, 280.76, 280.72, 280.71, 280.67, 280.66, 280.66, 280.65, 280.62, 280.61, 280.57, 280.56, 280.55, 280.52, 280.51, 280.47, 280.46, 280.45, 280.42, 280.41, 280.40, 280.37, 280.36, 280.32, 280.31, 280.30, 280.27, 280.26, 280.25, 280.22, 280.21, 280.20, 280.17, 280.16, 280.15, 280.12, 280.11, 280.10, 280.07, 280.06, 280.05, 280.02, 280.01, 280.00, 279.97, 279.96, 279.95, 279.92, 279.91, 279.90, 279.87, 279.86, 279.85, 279.82, 279.81, 279.80, 279.77, 279.76, 279.75, 279.72, 279.71, 279.70, 279.67, 279.66, 279.65, 279.62, 279.61, 279.60, 279.57, 279.56, 279.55, 279.52, 279.51, 279.50, 279.47, 279.46, 279.45, 279.42, 279.41, 279.40, 279.37, 279.36, 279.35, 279.32, 279.31, 279.30, 279.27, 279.26, 279.25, 279.22, 279.21, 279.20, 279.17, 279.16, 279.15, 279.12, 279.11, 279.10, 279.07, 279.06, 279.05, 279.02, 279.01, 279.00, 278.97, 278.96, 278.95, 278.92, 278.91, 278.90, 278.87, 278.86, 278.85, 278.82, 278.81, 278.80, 278.77, 278.76, 278.75, 278.72, 278.71, 278.70, 278.67, 278.66, 278.65, 278.62, 278.61, 278.60, 278.57, 278.56, 278.55, 278.52, 278.51, 278.50, 278.47, 278.46, 278.45, 278.42, 278.41, 278.40, 278.37, 278.36, 278.35, 278.32, 278.31, 278.30, 278.27, 278.26, 278.25, 278.22, 278.21, 278.20, 278.17, 278.16, 278.15, 278.12, 278.11, 278.10, 278.07, 278.06, 278.05, 278.02, 278.01, 278.00, 277.95, 277.95, 277.92, 277.91, 277.90, 277.87, 277.86, 277.85, 277.82, 277.81, 277.80, 277.77, 277.76, 277.75, 277.72, 277.71, 277.70, 277.67, 277.66, 277.65, 277.62, 277.61, 277.57, 277.56, 277.55, 277.52, 277.51, 277.50, 277.47, 277.46, 277.45, 277.42, 277.41, 277.40, 277.37, 277.36, 277.35, 277.32, 277.31, 277.30, 277.27, 277.26, 277.25, 277.22, 277.21, 277.20, 277.17, 277.16, 277.15, 277.12, 277.11, 277.10, 277.07, 277.06, 277.05, 277.02, 277.01, 277.00, 276.97, 276.96, 276.95, 276.92, 276.91, 276.90, 276.87, 276.86, 276.85, 276.82]; const currentExchangeRate = rawData[rawData.length - 1]; const usdInput = document.getElementById('usdInput'); const pkrInput = document.getElementById('pkrInput'); const latestBadgeRate = document.getElementById('latestBadgeRate'); const latestDateLabel = document.getElementById('latestDateLabel'); const statHigh = document.getElementById('statHigh'); const statLow = document.getElementById('statLow'); const statAvg = document.getElementById('statAvg'); const statChange = document.getElementById('statChange'); const tfBtns = document.querySelectorAll('.tf-btn'); if (latestDateLabel) latestDateLabel.textContent = rawLabels[rawLabels.length - 1]; if (latestBadgeRate) latestBadgeRate.textContent = `${currentExchangeRate.toFixed(2)} PKR`; if (pkrInput) pkrInput.value = (1 * currentExchangeRate).toFixed(2); if (usdInput && pkrInput) { usdInput.addEventListener('input', function() { const val = parseFloat(this.value); pkrInput.value = !isNaN(val) ? (val * currentExchangeRate).toFixed(2) : ''; }); pkrInput.addEventListener('input', function() { const val = parseFloat(this.value); usdInput.value = !isNaN(val) ? (val / currentExchangeRate).toFixed(2) : ''; }); } const ctx = document.getElementById('closingRatesChart').getContext('2d'); const gradient = ctx.createLinearGradient(0, 0, 0, 300); gradient.addColorStop(0, 'rgba(79, 70, 229, 0.25)'); gradient.addColorStop(1, 'rgba(79, 70, 229, 0.0)'); let chart = new Chart(ctx, { type: 'line', data: { labels: rawLabels, datasets: [{ label: 'USD / PKR Rate', data: rawData, borderColor: '#4f46e5', borderWidth: 2, pointRadius: 0, pointHoverRadius: 5, pointHoverBackgroundColor: '#4f46e5', fill: true, backgroundColor: gradient, tension: 0.2 }] }, options: { responsive: true, maintainAspectRatio: false, plugins: { legend: { display: false }, tooltip: { mode: 'index', intersect: false, backgroundColor: '#0f172a', titleFont: { family: "'Plus Jakarta Sans', sans-serif", size: 12 }, bodyFont: { family: "'Plus Jakarta Sans', sans-serif", size: 13, weight: 'bold' }, padding: 10, cornerRadius: 8, callbacks: { label: function(context) { return ` Rate: ${context.parsed.y.toFixed(2)} PKR`; } } } }, scales: { x: { grid: { display: false }, ticks: { font: { family: "'Plus Jakarta Sans', sans-serif", size: 11 }, color: '#94a3b8', maxTicksLimit: 8 } }, y: { grid: { color: '#f1f5f9' }, ticks: { font: { family: "'Plus Jakarta Sans', sans-serif", size: 11 }, color: '#94a3b8', callback: function(val) { return val.toFixed(2); } } } } } }); function updateStats(filteredData) { if (!filteredData || filteredData.length === 0) return; const max = Math.max(...filteredData); const min = Math.min(...filteredData); const sum = filteredData.reduce((acc, curr) => acc + curr, 0); const avg = sum / filteredData.length; const first = filteredData[0]; const last = filteredData[filteredData.length - 1]; const diff = last - first; const pct = ((diff / first) * 100).toFixed(2); statHigh.textContent = max.toFixed(2); statLow.textContent = min.toFixed(2); statAvg.textContent = avg.toFixed(2); statChange.textContent = `${diff >= 0 ? '+' : ''}${diff.toFixed(2)} (${diff >= 0 ? '+' : ''}${pct}%)`; statChange.style.color = diff >= 0 ? 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"clip" hides the same overflow // without creating a scroll container. for (var a = wrapper.parentElement; a; a = a.parentElement) { var cs = getComputedStyle(a); if (cs.overflowX === 'hidden') a.style.overflowX = 'clip'; if (cs.overflowY === 'hidden') a.style.overflowY = 'clip'; } // Undo the server-side escaping of closing script tags / comment openers. var html = source.textContent.replace(/ window.innerHeight; if (pinned) { stage.style.position = 'sticky'; stage.style.top = '0'; fillScreen(stage); track.style.height = h + 'px'; max = Math.max(0, h - frame.clientHeight); } else { // Grow only: vh-based content would otherwise shrink with its own frame, forever. fitH = Math.max(fitH, h); stage.style.position = 'static'; stage.style.height = fitH + 'px'; track.style.height = 'auto'; max = 0; } sync(true); } // inside the frame would only scroll the (non-scrollable) frame. Scroll the page instead. function onAnchorClick(e) { var link = e.target.closest && e.target.closest('a[href^="#"]'); if (!link || e.defaultPrevented) return; var id = link.getAttribute('href').slice(1); try { id = decodeURIComponent(id); } catch (x) { } var target = id ? doc.getElementById(id) : null; if (id && !target) return; e.preventDefault(); var inFrame = target ? target.getBoundingClientRect().top + win.scrollY : 0; window.scrollTo({ top: track.getBoundingClientRect().top + window.scrollY + (pinned ? Math.min(inFrame, max) : inFrame), behavior: 'smooth' }); } frame.addEventListener('load', function () { try { win = frame.contentWindow; doc = win.document; var ro = new win.ResizeObserver(measure); // created in the frame's realm ro.observe(doc.documentElement); if (doc.body) ro.observe(doc.body); doc.addEventListener('click', onAnchorClick); measure(); } catch (e) { // No script access to the frame: fall back to a plain scrollable frame. win = null; frame.removeAttribute('scrolling'); stage.style.position = 'static'; fillScreen(stage); track.style.height = 'auto'; } }); fillScreen(stage); fillScreen(track); // placeholder until the frame has loaded and been measured window.addEventListener('scroll', function () { sync(false); }, { passive: true }); window.addEventListener('resize', measure); stage.appendChild(frame); track.appendChild(stage); wrapper.appendChild(track); })(); The Pakistani rupee continued its marginal gain against the US dollar, appreciating 0.01% in the inter-bank market on Friday. The local unit closed the day at 276.82, a gain of Re0.03 against the greenback. On Thursday, the rupee had rupee settled at 276.85 against the dollar. Internationally, the Japanese yen hit its strongest level in more than a month on Friday, buoyed by safe-haven flows due to a fresh ​bout of risk aversion that also sent US Treasury yields sharply lower, pushing the dollar to a nearly three-week ‌trough. The moves in the currency markets were driven by doubts over the AI spending boom even as Brent crude futures stay above $110 per barrel, suggesting concerns over economic growth outweighed inflation worries. The yen strengthened 0.3% on Friday to 156.28 per US dollar, leading gains among major currencies. It was set for a 1% ​gain for the week, its strongest weekly rise since early September. The dollar index, which measures the greenback against a basket of ​currencies, was at 101.52, after touching its lowest level since the beginning of the month at 101.44 ⁠on Thursday. US 10-year Treasury yields hovered near a one-month low at 4.953%, after tumbling on Thursday when equities sold off on renewed concerns ​about the sustainability of the AI boom, burnishing the safe-haven appeal of sovereign debt. While demand for safety is intensifying, the beneficiaries differ depending on the risk, OCBC analysts said. AI jitters ‌favour the ⁠yen, Middle East tensions support the Canadian dollar and Norwegian crown due to rising oil prices, while French fiscal stress benefits the Swiss franc, they said, adding that for the US dollar, AI had become an increasingly two-way macro risk. Oil prices, a key indicator of currency parity, rose on Friday, with Brent crude touching its highest since early May, ‌after Houthi attacks in Saudi Arabia stoked concern over further disruption to energy supplies from the Middle East where UAE authorities also reported an oil spill. Brent crude futures gained $1.71, or 1.5%, to $114.99 a barrel by 1300 GMT, ​having earlier reached $115.16, the highest level since May 4. US West Texas Intermediate crude gained $1.80, ​or 1.8%, to $101.27. Inter-bank market rates for dollar on Friday BID Rs 276.82 OFFER Rs 277.02 Open-market movement In the open market, the PKR lost 5 paise for buying and 6 paise for selling against USD, closing at 277.57 and 278.71, respectively. Against Euro, the PKR gained 68 paise for buying and 57 paise for selling, closing at 310.55 and 313.55, respectively. Against UAE Dirham, the PKR lost 1 paisa for buying and gained 1 paisa for selling, closing at 75.60 and 76.20, respectively. Against Saudi Riyal, the PKR remained unchanged for both buying and selling, closing at 73.93 and 74.51, respectively. Open-market rates for dollar on Friday BID Rs 277.57 OFFER Rs 278.71 [...]

Sri Lankan shares fall for fourth straight week
October 23, 2026 3:08
Sri Lankan shares fall for fourth straight week

Sri Lankan shares closed lower on Friday, extending losses for a fifth straight session, dragged down by utility stocks. The CSE All-Share index settled 0.17% lower at 19,684.91 points. The index dropped 2.52% over the week, its fourth straight weekly fall. Dialog Axiata Plc and Carson Cumberbatch Plc were the biggest decliners on the index, down 9.7% and 9.1%, respectively, on the day. Trading volume on the index fell to 31.5 million shares from 64.3 million shares in the previous session. The equity market’s turnover dipped to 825.1 million Sri Lankan rupees ($2.48 million) from 1.10 billion rupees in the previous session, according to exchange data. Foreign investors were net buyers, purchasing stocks worth 55.1 million rupees, while domestic investors were net sellers, offloading shares worth 807.6 million rupees, the data showed. [...]

PSX: selling continues, KSE-100 down nearly 1%
October 23, 2026 1:41
PSX: selling continues, KSE-100 down nearly 1%

Selling pressure continued at the Pakistan Stock Exchange (PSX) as fighting intensified between Saudi Arabia and Yemen-based Houthis, with the benchmark KSE-100 Index dropping nearly 1% on Friday. The market remained under pressure throughout much of the session. The index opened near the upper end of its daily range, reaching an intra-day high of 163,966.86, before witnessing a sustained decline. Selling pressure intensified during the morning, pushing the index towards 162,500. In the second half, the index staged a brief recovery, climbing to around 163,400. However, the rebound proved short-lived, as renewed selling dragged the index lower towards an intra-day low of 162,292.44 before the end of trading. At close, the benchmark KSE-100 index closed at 162,374.87 points, down 1,549.44 points, or 0.95%. “Selling pressure stems from two factors: weakness in global markets amid higher oil prices, and cautious sentiment ahead of the monetary policy decision on Monday amid expectations of a rate hike,” Sana Tawfik, Head of Research at Arif Habib Limited, told Business Recorder. Top negative contribution to the index came from MEBL, ENGROH, LUCK, HUBC and PPL, as they cumulatively weighed down on the index by 637 points, as per the post-market report of brokerage house Topline Securities. The KSE-100 Index declined 2.43% week-on-week amid geopolitical tensions, rising oil prices, and profit-taking ahead of the SBP’s monetary policy decision, Topline said. On Thursday, PSX again slipped as persistent geopolitical uncertainty, rising international oil prices and the absence of positive triggers weighed on investor sentiment, triggering broad-based selling across major sectors. The benchmark KSE-100 Index declined by 2,006.67 points, or 1.21%, to close at 163,924.32 points. Internationally, Asian shares fell on Friday as concerns over the enormous funding needs of AI hammered tech and led to ​the biggest daily rally in Treasuries in more than three years, with investors fleeing to sovereign bonds and safe-haven currencies. Markets also sharply pared back ‌expectations of further policy tightening from the Federal Reserve, stripping out almost a full quarter-point rate hike for next year amid concerns a bursting AI bubble could derail the data-centre investment boom and hobble the US economy. A December rate rise is no longer fully priced, with the implied probability falling to 85%. MSCI’s broadest ​index of Asia-Pacific shares excluding Japan fell 0.3% on Friday, bringing its weekly loss to 2.7% and marking a fourth straight week ⁠in the red. Japan’s Nikkei dropped 1.3% and was down a whopping 5% for the week. South Korea’s KOSPI skidded 1.7%, on course for a 4.3% weekly decline, with ​memory chipmaker SK Hynix down 2.5% on the day. Taiwan’s stock market was closed due to a typhoon. An index of mainland Chinese blue chips lost 1.1% on Friday to hit ​the lowest level since July 2025. The index was down about 20% from its peak in late June. Hong Kong’s Hang Seng edged up 0.1% after dropping 3% on Thursday. Meanwhile, the Pakistani rupee continued its marginal gain against the US dollar, appreciating 0.01% in the inter-bank market on Friday. The local unit closed the day at 276.82, a gain of Re0.03 against the greenback. Volume on the all-share index increased to 398.94 million from 367.09 million recorded in the previous close. The value of shares rose to Rs18.20 billion from Rs17.99billion in the previous session. Pervez Ahmed Co was the volume leader with 32.67 million shares, followed by MACPAC Films with 26.69 million shares, and Pak Refinery with 23.50 million shares. Shares of 495 companies were traded on Friday, of which 136 registered an increase, 311 recorded a fall, and 48 remained unchanged. [...]

UAE shares extend losses on regional conflict fears
October 23, 2026 1:17
UAE shares extend losses on regional conflict fears

Stock markets in the United Arab Emirates fell on Friday, with Dubai leading the decline driven by losses in financial and real estate shares as Houthi strikes in Saudi heightened fears of a wider regional conflict. Saudi Aramco has told staff to evacuate its Dhahran headquarters and work remotely, six people with knowledge of the matter said on Thursday, a day after two people were killed in an attack on a nearby airport. Dubai’s main index dropped 1.4% to a more than four-month low, weighed down by a 3.5% fall in top lender Emirates NBD Bank and a 2.1% decline in blue-chip developer Emaar Properties. Abu Dhabi’s benchmark index fell 1.2%, pressured by energy, real estate and banking stocks. Real estate giant Aldar Properties slipped 3.7%, while energy shipping firm Adnoc L&S decreased 3.9%. Abu Dhabi Commercial Bank, the UAE’s third-largest lender, fell 3.7%, despite reporting a 15% rise in third-quarter net profit to 3.56 billion dirhams ($969.26 million).7 Separately, the UAE is investing an additional €15 billion ($16.81 billion) in Greece, the Abu Dhabi Media Office said on Thursday, building on an existing joint investment initiative. Dubai and Abu Dhabi indexes posted weekly losses of 2.3% and 2.2%, respectively, according to LSEG data. Oil prices, a key driver of Gulf financial markets, drifted higher on Friday as Houthi attacks raised concerns about further disruption to Middle East energy supplies. Brent crude rose 1.3% to $114.61 a barrel by 1148 GMT. [...]

Apple's foldable iPhone hits stores with $2,000 price tag and scarce supply
October 23, 2026 11:28
Apple's foldable iPhone hits stores with $2,000 price tag and scarce supply

SYDNEY/SHANGHAI/LONDON: Apple’s first folding phone, the iPhone Duo, hit stores around the world on Friday with a price tag of about $2,000 and less of the fanfare that accompanied previous iPhone launches. From Singapore and Shanghai to London and Berlin, demand was strong but with sales rationed, there were fewer of the round-the-block queues and overnight camp-outs that once marked new iPhone days. Competitors such as Samsung Electronics and Huawei Technologies have sold premium foldable phones for years and the Duo is a test of whether Apple can reinvent the small foldable mobile market the way the iPhone did for smartphones. It is also an early challenge for Apple’s new CEO John Ternus, the former hardware chief who unveiled the phone barely a week after taking charge in September. Apple’s estimated delivery dates for the Duo had slipped to late January within minutes of pre-orders opening a week ago, as demand outpaced supply. The US company called the response “nothing short of extraordinary”. Apple capped pre-orders at two handsets per customer and limited sales to walk-in shoppers. In China, France, Hong Kong, India and Japan they were only available to those who had ordered online. Apple launches faster Mac mini, Mac Studio to tap AI boom In Sydney, which was the first Apple store to sell the new passport-shaped phones on Friday, a queue formed outside before opening at 8 a.m. local time (2100 GMT). “This is a bit of a luxury item for me, because it’s so expensive, but I just think, you know what? Life’s too short,” said Simon Krishnan, a 48-year-old engineer who paid A$3,899 ($2,734) for a 512GB Duo. In China, a soft consumer market and rising memory costs have led to six straight quarters of declining smartphone shipments, although Apple’s market share has rebounded as some buyers trade up to premium devices. Liu Wei, a 26-year-old healthcare professional, already has a foldable phone from Xiaomi, but still queued outside a Shanghai store from 6 a.m. for Apple’s first foldable. “I’ve used Apple products for many years and I have more trust (in the brand), so I bought one on launch day to try it out,” he said. Many queued to pick up pre-orders, while others hoped for limited stock or to browse display models. Others were resellers. In Hong Kong, May, 38, who declined to give his full name, bought a 256GB iPhone Duo, priced at HK$17,499 ($2,231.73), in an online pre-sale and planned to resell it for a profit of around HK$4,000. “A few meals’ worth of money,” he joked. Paul Francis, 53, was one of several dozen fans who queued overnight outside London’s Regent Street store in pouring rain. “Some people think it was mad. Including myself,” the charity manager said. Mixed reviews Early reviews have praised the Duo’s design as well as its sturdy and barely visible hinge, a major feat for phones whose prominent creased screen has long been a drawback and potential deterrent for buyers. Apple trains its own AI model for China market with Alibaba’s support, sources say But reviewers said camera compromises, including no telephoto lens, and third-party apps still to be reworked for the new display size could disappoint some buyers. They also said the folded Duo is less handy for the quick tasks most users do daily and several prominent reviewers recommended against it for many Apple customers. “It’s been a lot of fun trying the Duo out for a week, but it feels like I’ve gotten to use an extraordinarily polished prototype — not a finished product that I’d want to buy and carry,” wrote longtime Apple commentator John Gruber. Tech commentator Marques Brownlee said in a YouTube review that for a regular person who mostly texts and browses, “it is probably a no. But if the $2,000 doesn’t mean much to you, and you like the idea, after the learning curve and getting used to not having facial identification, it is a really fun phone.” In Berlin, YouTube content creator Patrick Wolter was impressed that the Duo works as a phone and an iPad in one. “I’ve always found it a hassle to carry around a separate tablet, especially since I already have a laptop and other gear,” he said. “In the long run, this will likely end up replacing those other devices.” Tough to find Apple’s entry into the relatively niche foldables market could bring the format to a much broader audience, said Francisco Jeronimo, vice president at market researcher IDC. IDC expects Apple will take 44% of the foldable market value in 2026 on 31% of units. By 2027, it will become the market leader both in value and units shipped, IDC forecast. “Apple has made a convincing case for this form factor,” Jeronimo said after spending a week with the Duo. “Now comes the next test: turning excitement into availability, adoption and a lasting new chapter for the smartphone market,” Jeronimo said. [...]

Copper rebounds as inventories, stock markets stabilise
October 23, 2026 11:10
Copper rebounds as inventories, stock markets stabilise

LONDON: Copper prices bounced on Friday after a sharp decline in the previous session as stock markets stabilised and the build-up of inventories slowed. Three-month copper on the London Metal Exchange gained 0.8% to $14,190 a metric ton by 1000 GMT, having slid 1.9% to a five-week low in the previous session. Metals markets were supported as a rout in global tech shares eased after concerns over the enormous funding needs of AI had hammered Wall Street. “Today we’ve got the Nasdaq futures bouncing after that sell-off yesterday, and that’s probably why we’re seeing some metals investors getting back in,” said Ole Hansen, head of commodity strategy at Saxo Bank in Copenhagen. Investors were still nervous, and there was the risk of further losses in copper, especially if prices broke below the September low of $13,925, he added. Worries about excess inventories abated after daily data showed on Friday that LME copper stocks rose by 800 metric tons, having jumped by a fifth over the past week to 273,750 tons. In China, inventories in warehouses registered with the Shanghai Futures Exchange tumbled by 26.5%, weekly data showed on Friday. Investors were still concerned about the overhang of stocks in the United States, which has attracted huge flows of copper due to speculation about the government imposing tariffs, Hansen said. “That massive pile of copper in the US is clearly weighing on prices given the risk of re-exporting that copper into the rest of the market,” Hansen said. Nickel was the worst performer on the LME, giving up 1.8% to $15,825 a ton as traders awaited clearer signals from Chinese companies considering coordinated output cuts at their Indonesian operations. The International Nickel Study Group last week forecast a small global surplus this year, reversing an earlier deficit forecast. Among other metals, LME aluminum dipped 0.1% to $3,007 a ton, zinc gained 1.1% to $3,710, lead was little changed at $1,898, and tin rose 1.3% to $50,715. [...]

GLP-1 boom in China, India, Brazil could create $22bn market by 2035, J.P. Morgan says
October 23, 2026 11:05
GLP-1 boom in China, India, Brazil could create $22bn market by 2035, J.P. Morgan says

The combined China-India-Brazil market for weight-loss drugs could grow to $22 billion by 2035 from $6.6 billion currently, J.P. Morgan estimated, as improving affordability and broader access drive adoption in largely untapped patient populations. The addressable market could grow at an annual rate of 15% through 2035, J.P. Morgan analysts led by Yang Huang said in a note on Friday, given the countries’ large diabetes and obesity burdens. GLP-1 drugs, such as Novo Nordisk’s Ozempic and Wegovy and Eli Lilly’s Zepbound, have become some of the most sought-after medicines for weight-loss and diabetes treatment globally. China and India are home to some of the world’s largest diabetes patient populations, accounting for more than 25% and 15% of global diagnosed cases, respectively, while about 12% of Brazilian adults have diabetes, according to J.P. Morgan. The three countries also face a growing obesity burden. China’s overweight and obese population could exceed 65% by 2030, while India’s adult obesity rate is projected to reach 11% by 2035. “GLP-1 is transitioning from a developed-market growth theme to a broader global access story…” the analysts said. “With patent cliffs, generic launches and policy-engineered price cuts now improving GLP-1 affordability, the three markets are converging on the same destination.” Under-tapped markets GLP-1’s uptake in many emerging markets has remained low due to affordability concerns. Penetration is below 0.1% in China and under 0.2% in India, versus 4%-5% in the US, according to the note. While Brazil is currently the largest of the three markets, obesity-drug penetration is projected to reach only 7%-8% of its obese population by 2035, compared with about 30% in the US. J.P. Morgan expects China to overtake Brazil by 2027, with its market reaching $13.7 billion by 2035, versus $8 billion for Brazil, supported by its large diabetes burden and wider reimbursement for GLP-1 therapies. For India, the smallest of the three markets, conservative attitudes toward GLP-1 drugs, alongside affordability concerns, remain key barriers to adoption, J.P. Morgan said, as hesitancy around injectables and slow-shifting cultural attitudes persist. The brokerage highlighted China’s Innovent, Divi’s Laboratories and Torrent Pharmaceuticals in India, and Brazil’s RD Saude as its key stocks to play the GLP-1 growth theme. [...]

Surging oil prices drag Indian shares to weekly losses
October 23, 2026 10:53
Surging oil prices drag Indian shares to weekly losses

Indian shares fell on Friday and logged weekly losses as surging oil prices amid Middle East tensions stoked concerns over inflation and company earnings. The benchmark Nifty 50 fell 0.39% to 22,600, and the Sensex shed 0.17% to 73,123.83. The indexes lost 2.4% and 2.2% this week, respectively, with sentiment dampened by a rise in Brent crude oil futures to about $114 on energy supply fears after attacks on top exporter Saudi Arabia by Yemen’s Houthis. “Oil is an immediate pressure point, while the impact of a weaker monsoon on water availability is a slower-burning risk,” said Rushabh Sheth, co-founder and co-CIO at Karma Capital. “With clear macro headwinds facing markets over the next few quarters, a narrowing market is becoming a reality, meaning fewer stocks are likely to perform well across segments.” Demand for billionaire Mukesh Ambani’s Jio Platforms record $3.2 billion IPO, which swelled to 13.8 times as of the closing of the secondary market also drained liquidity during the week, analysts at SMC Global and Motilal Oswal Financial Services said. Fifteen of the 16 major sectors logged weekly losses. The broader small-caps and mid-caps underperformed benchmarks, losing 7.3% and 5.6% and posting their worst week in 20 months. Consumer durables, energy, FMCG and auto lost 6.4%, 4.6%, 4.3% and 3.5%, as higher oil dampened earnings outlook for the sectors that use crude as a key raw material. The heaviest-weighted benchmark stock, HDFC Bank, lost 5% during the week after missing quarterly profit estimates. Axis Bank lost 5.6% on earnings miss, while Bajaj Finance dropped 5.4% as concerns over pressure on lending margins outweighed a rise in quarterly profit. On the day, Swiggy tumbled 16.8% to a record low, on concerns over the company’s ability to turn around its quick-commerce unit and margins in its food delivery business. Colgate-Palmolive India dropped 4.8% after the quarterly profit missed estimates. [...]

Indian rupee little changed this week as oil-fueled declines wipe out early gains
October 23, 2026 10:52
Indian rupee little changed this week as oil-fueled declines wipe out early gains

MUMBAI: The Indian rupee weakened for a second straight session on Friday as surging oil prices spurred risk aversion, erasing gains made earlier in the week and leaving the currency little changed, despite easing expectations of further US rate hikes. The Indian rupee opened the session marginally higher at 94.79 against the US dollar, but turned lower in early trades to hit a low of 94.9725. The currency ended 0.1% lower for the day at 94.9400, after depreciating by 0.4% on Thursday. It was little changed for the week, after rising 1.4% last week. Oil prices rose in the latter half of the week including in Asian hours, with the benchmark Brent crude touching a more than five-month high, after attacks in Saudi Arabia by Yemen’s Houthis stoked concern over further disruption to energy supplies from the region. The Brent crude contract was hovering around $114 per barrel, and is on track to post a third straight weekly surge. While facing a shock from oil prices, investors have been reassessing technology trades and pulling back from riskier assets on worries about stretched valuations for artificial intelligence-led companies, leading to a selloff in stocks and rising demand for safe-haven US Treasuries. The odds of a rate hike by the Federal Reserve have dropped to single digits from as high as 70% a month ago, which provided brief relief to the rupee in the early session, but oil worries outweighed the positive move. Energy prices have remained elevated fuelling concerns about inflation and imported energy costs, which hit the nation’s current account calculations. Currency traders also cited some residual flows linked to the Jio Platforms initial public offering. These flows, alongside the unwinding of dollar-long positions triggered by the Reserve Bank of India’s latest measures, had lifted the currency to a six-week high of 94.30 per dollar on Thursday, before importers stepped up dollar purchases. “The RBI’s recent FX measures are short-term stabilizers, not necessarily unjustified, but insufficient to alter the medium-term bearish outlook on the rupee,” Apoorva Javadekar, chief economist at Shriram Research, said. [...]

US military bans BYD vehicles from strategic air base in Japan
October 23, 2026 7:14
US military bans BYD vehicles from strategic air base in Japan

TOKYO: The US military said on Friday it will ban vehicles made by Chinese EV maker BYD from an air base in Japan, saying their presence posed a security risk. The ban will begin at the Kadena Air Base on Japan’s Okinawa island on Monday, the Yonhap newswire reported earlier. The base is a major US air power hub on Japan’s strategic southwest island chain running along the edge of the East China Sea. “These vehicles present an unacceptable and unmitigable risk to our personnel and our mission,” base spokesperson Lieutenant Colonel Alli Stormer said. She did not say what specific concern had prompted the commander to act against the Chinese electric vehicles. BYD did not immediately respond to a request for comment. The Chinese company, which overtook Tesla as the world’s biggest seller of battery-electric vehicles in 2025, is expanding overseas, including in Japan. It launched its Racco electric minicar there in July as it seeks a foothold in a market dominated by domestic brands. HUBCO denies BYD plant delay, targets end-2026 launch: report The Pentagon in June designated BYD, along with e-commerce firm Alibaba, internet company Baidu and automaker NIO, as companies it believes support China’s military. BYD rejected the designation and said it would pursue administrative and legal avenues to protect its interests. China has imposed similar restrictions on Tesla vehicles. In 2021 it barred them from some government compounds due to security concerns over cameras installed on the vehicles. Beijing removed that restriction in 2024 after Tesla won an endorsement from the country’s top auto industry association. [...]

South Korean shares head for second weekly loss as AI stock selloff bites
October 23, 2026 6:37
South Korean shares head for second weekly loss as AI stock selloff bites

SEOUL: Round-up of South Korean financial markets: South Korean shares fell on Friday and were poised to log a second weekly loss as a selloff in AI-related shares drove investors into safer assets globally. The won strengthened, while the benchmark bond yield fell. The benchmark KOSPI was down 118.59 points, or 2.14%, at 5,415.18 as of 01:38 GMT. The tech-heavy Nasdaq slid more than 1% on Thursday as growth stocks weakened after earnings from mega-caps Tesla and Meta failed to allay AI-related concerns, with a recovery in oil prices further adding to market unease. Shares of chipmaker Samsung Electronics fell 2.80%, while peer SK Hynix lost 0.57%. Among other index heavyweights, battery maker LG Energy Solution slid 1.79%, while Hyundai Motor and sister automaker Kia Corp were down 3.81% and 2.85%, respectively. Steelmaker POSCO Holdings shed 3.50%, while drugmaker Samsung BioLogics rose 6.47%. Of the total 912 traded issues, 95 shares advanced, while 793 declined. Foreigners were net sellers of shares worth 589.3 billion won. The won was quoted at 1,322.6 per dollar on the onshore settlement platform, 0.29% higher than its previous close at 1,326.5. In offshore trading, the won was quoted at 1,322.1 per dollar, up 0.2% on the day, while in non-deliverable forward trading its one-month contract was quoted at 1,320.8. The KOSPI has risen 28.50% so far this year. The won has strengthened 8.8% against the dollar so far this year. In money and debt markets, December futures on three-year treasury bonds gained 0.21 point to 103.29. The most liquid three-year Korean treasury bond yield fell by 6.6 basis points to 3.774%, while the benchmark 10-year yield fell by 7.1 basis points to 4.073%. [...]

Australia, NZ dollars on defensive as risk rout sparks bond rally
October 23, 2026 6:35
Australia, NZ dollars on defensive as risk rout sparks bond rally

SYDNEY: The Australian and New Zealand dollars were on the defensive on Friday as a rout in global share markets rattled risk assets, though bonds benefited from a flight to safety. Concerns about the enormous capital needs of AI hammered technology stocks and sparked a rally in US Treasuries. Massive spending on data centres has been a key driver of recent US growth, and investors worried that pace could slow. Markets reacted by pricing out more than 20 basis points of Federal Reserve tightening, even as Brent oil topped $113 a barrel, threatening renewed inflation pressures. Yields on Australian 10-year bonds dived 10 basis points to 5.164% in reaction, while 3-year futures jumped 9 ticks to 95.170. The Antipodean currencies are often sold as proxies for risk, though in this case the main losses were against the safe-haven yen and Swiss franc with the greenback also taking a hit. That left the Aussie flat at $0.7016, having eased just 0.1% overnight and it was still 1% higher for the week. Resistance lies around $0.7040 with support at $0.6895. In contrast, it lost 0.9% on the yen overnight and fell 0.6% against the Swiss franc. The kiwi dollar stood at $0.5683, having slipped 0.4% overnight and away from a one-month top of $0.5709. Support comes in at the recent low of $0.5566. The currency got a boost on Thursday when strong readings on core inflation at home reinforced expectations the Reserve Bank of New Zealand will hike rates next week. Markets imply a 95% chance that rates will rise a quarter point to 3.0%, and see a peak of 3.75% next year. Analysts at Citi changed their call from a “hold” to a “hike” for next week, citing elevated oil prices and a weak kiwi as some reasons for a tightening. “We expect guidance to echo September, leaving the door open to further hikes,” said Citi economist Josh Williamson. “However, we see 3.00% as the peak given a fragile recovery, 5.6% unemployment, and slowing GDP, with binary upside risk from offshore tightening or unresolved Middle East tensions.” Analysts at Westpac also shifted to a hike next week, though they see rates rising all the way to 4.0% by September next year. “Forward guidance will likely leave open the option to raise rates further at the December meeting without presenting it as a sure thing,” said Kelly Eckhold, chief NZ economist at Westpac. “We think a more measured tightening approach is appropriate from here as raising rates at every meeting until something ‘breaks’ could be a risky strategy if downside growth concerns crystallise.” [...]

Japan's Nikkei slumps as Wall Street tech selloff bites
October 23, 2026 6:33
Japan's Nikkei slumps as Wall Street tech selloff bites

TOKYO: Japan’s Nikkei share gauge slumped on Friday, tracking a tech-led selloff on Wall Street overnight as chip and AI-linked shares came under pressure. The benchmark Nikkei 225 fell 1.71% to 61,832.66 in early trading. The broader Topix slipped 1.26% to 3,947.11. The Nasdaq slid 2.6% and the S&P 500 fell 1.21% on Thursday, with technology leading sector declines as investors rotated into defensive areas such as consumer staples and healthcare. Nvidia sank about 4% in the AI and semiconductor selloff, while Meta dropped 7% after earnings as investors focused on its AI spending, and Tesla fell 3.1% after earnings and a cut to its 2026 capital spending plans. “Following the selling-dominated tone in the US market, the Japanese market is expected to start today with sellers in control,” Monex Securities analyst Yoshitaka Araya said in a report. There were 96 advancers on the Nikkei 225 against 120 decliners. The largest losers were Sumco, down 8.95%, followed by Disco, 7.59% lower, and Mitsui Kinzoku, which lost 6.65%. The largest percentage gainers in the index were Aeon, up 3.98%, followed by Sapporo Holdings, 3.74% higher, and Kikkoman, which gained 3.69%, on track for its highest close since July 2024. [...]

Gold prices in Pakistan fall for fifth consecutive day
October 24, 2026 9:59
Gold prices in Pakistan fall for fifth consecutive day

Gold prices in Pakistan decreased on Saturday in line with their loss in the international market. In the local market, gold price per tola reached Rs422,036 after a decline of Rs2,500 during the day. Similarly, 10-gram gold was sold at Rs361,827 after it fell by Rs2,144, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Friday, gold price per tola reached Rs424,536 after a decline of Rs7,000 during the day. The international rate of gold declined by $25 to reach $3,995 per ounce. Meanwhile, the price of silver also decreased by Rs7 to reach Rs5,858 per tola. [...]

USDA attache sees Brazil 2026-27 soybean crop at 184.0 million T
October 24, 2026 5:59
USDA attache sees Brazil 2026-27 soybean crop at 184.0 million T

Farmers in Brazil are expected to harvest 184 million metric tons of soybeans in the 2026-27 marketing year, the US Department of Agriculture’s attache in Brasilia said in a report released on Thursday. The unofficial forecast in the attache’s report, issued by the USDA’s Foreign Agricultural Service, is below USDA’s official projection for a 2026-27 Brazilian soybean crop of 186 million tons. Still, the attache’s forecast represents an increase of nearly 2% from 2025-26, when Brazil, the world’s largest soybean grower, produced a 180.5 million-ton crop. “Favorable early-season rainfall has supported planting across major producing regions, but persistent rain in Rio Grande do Sul and forecasts of severe weather in several states could hurt crop development,” the report said. The attache expects weather-related concerns to affect harvest operations more than planting, the report said. Brazil soybean exports to slip in 2027 “Despite expectations of an El Niño season in Brazil, soybean producers remain optimistic, with most concerns focused on their second-season corn and cotton crops,” the report said. The attache’s report projected Brazil’s 2026-27 soybean exports at 117.5 million tons, up 2.1% from 2025-26 but below the USDA’s official forecast of 118 million tons. [...]

Imported cell phones: FBR allows ST in instalments
October 24, 2026 12:32
Imported cell phones: FBR allows ST in instalments

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed individuals to pay sales tax on imported mobile phone devices in monthly instalments for regularisation through the Device Identification Registration and Blocking System (DIRBS). In this regard, the FBR has issued a Customs General Order (CGO) No 06 of 2026 on Friday to amend the CGO No 01 of 2019 to introduce a mechanism for payment of sales tax in instalments on imported mobile phone devices. According to the new procedure, individuals may opt for instalment payments at the time of applying through DIRBS. The individuals would cover international travellers, local applicants and mobile devices imported by the individuals through Postal Service or couriers. The sales tax will be payable in equal monthly instalments, with the number of instalments corresponding to the months remaining in the financial year in which the phone is imported, including the month in which the application is submitted. However, in cases where a mobile phone is imported in June, the entire sales tax will be payable before the end of that month. The first instalment will be paid through the Payment Slip ID (PSID) generated when the application is submitted through DIRBS. Subsequent instalments will be paid through separate PSIDs generated on the corresponding date of each succeeding month or, where that date does not exist, on the last day of the month. The final instalment must be paid before the end of the financial year on June 30. Individuals may also pay any or all instalments in advance. The CGO further provides that failure to pay an instalment by its due date will result in the individual being treated as a defaulter. The mobile phone device will be treated as unregistered and blocked through DIRBS, while the entire outstanding sales tax will become immediately payable, without any further option to pay in instalments, the FBR added. Copyright Business Recorder, 2026 [...]

PM proposes Rs4,500 wheat support price
October 24, 2026 12:32
PM proposes Rs4,500 wheat support price

ISLAMABAD: In a move aimed at encouraging cultivation and boosting domestic production, Prime Minister Shehbaz Sharif on Friday proposed a price of Rs4,500 per maund (40kg) for the 2027 wheat crop, an increase of Rs1,000 over last year. The proposal comes as Pakistan seeks to strengthen food security and reduce reliance on imported wheat after having to import the commodity over the past two years, while farmers have faced mounting production costs amid inflation and higher fuel prices. In a statement, the prime minister said the proposed price was intended to provide relief to growers struggling with rising agricultural input costs and to help them recover their expenses while earning a reasonable profit. READ MORE: PM Shehbaz says wheat price to be announced after provincial consultations The government hopes the higher benchmark will encourage farmers to allocate more land to wheat cultivation in the coming season, leading to a stronger sowing drive and increased domestic output in 2027. The proposed rate represents an increase from Rs3,500 per maund last year. The statement said the initiative was aimed at making wheat cultivation more financially viable and providing growers with an incentive to maintain or expand production. PM Sharif said the measure formed part of the government’s efforts to protect farmers’ economic interests, strengthen the agricultural sector and move the country towards greater self-sufficiency in meeting its food requirements. The statement said the proposal had been made with the input of President Asif Ali Zardari and PML-N leader Nawaz Sharif, following consultations with the chief ministers of Punjab and Sindh. However, the statement conspicuously left the chief ministers of Punjab and Khyber Pakhtunkhwa out of the picture, despite referring to consultations with the chief executives of Punjab and Sindh. The prime minister singled out Punjab Chief Minister Maryam Nawaz, his niece, for thanks over her cooperation and suggestions during the consultations, while also expressing gratitude to Sindh Chief Minister Murad Ali Shah for his support. The statement said the proposed price was intended to improve incentives for wheat growers facing rising input costs and pressure on farm incomes. The measure was expected to support agricultural production and bring greater stability to the sector, it added. However, the announcement described Rs4,500 per maund as an illustrative price and did not clarify whether it would be adopted as a guaranteed procurement rate. It also did not specify how the proposed price would be implemented or what mechanism would ensure that farmers receive it. Copyright Business Recorder, 2026 [...]

Govt focusing on reforms in FBR, Senate told
October 24, 2026 12:32
Govt focusing on reforms in FBR, Senate told

ISLAMABAD: The abolition of Super Tax by the federal government is applicable on the exporters as well as those businesses whose annual income does not exceed 500 million rupees, and Prime Minister Shehbaz Sharif is “especially focusing” on reforms in the Federal Board of Revenue (FBR) and its attached departments, Pakistan Customs in particular, to eradicate corruption. This was stated by State Minister for Finance Bilal Azhar Kayani at the Senate session, presided over by Acting Chairman Senate Syedaal Khan, on Friday. He was responding to relevant questions moved by respective senators in the Senate question hour. The state minister said the government has reduced Super Tax from 10 to eight percent for businesses earning more than Rs500 million annually. The Super Tax, he said, would be reduced further keeping in view the availability of fiscal space. Kayani said the government is taking steps to improve the Export Facilitation Scheme in consultation with the exporters. This scheme allows the exporters to import raw material by availing incentives given by the government regarding taxes, he said. Furthermore, under the PM’s ApnaGhar Scheme, loans up to Rs10 million are provided at five percent interest rate, Kayani added. He said that Prime Minister Sharif is especially focusing on reforms in the FBR and its attached departments, Pakistan Customs in particular, by eradicating corruption and digitising the operations. Under these measures, Faceless Customs Assessment (FCA) system has been introduced in the Customs to facilitate trade and minimise human interface in the clearance of goods from ports, the state minister said. Kayani said that the PM has also established a task force at the airports to ensure transparency in Customs operations. Regarding action in corruption cases, the data shared by the state minister suggested that a total of 114 complaints were received against the officers/officials of Pakistan Customs Services (PCS), out of which, penalties were imposed in 45 cases, 47 cases were dropped and 22 cases remain under investigation. Moreover, 113 complaints were received against Inland Revenue Service (IRS) officers/officials, out of which penalties were imposed in nine cases, 71 cases were dropped and 33 cases remain under investigation. The House could not transact its scheduled business agenda as the session was adjourned abruptly till Monday, after quorum was pointed out, which was found lacking. FalakNaz from Pakistan Tehreek-e-Insaf (PTI) pointed out the quorum. Copyright Business Recorder, 2026 [...]

Cabinet approves 170 amendments to Cos Act, 2017: 70-75pc of regulations being removed to boost the ease doing of business: Haroon
October 24, 2026 12:32
Cabinet approves 170 amendments to Cos Act, 2017: 70-75pc of regulations being removed to boost the ease doing of business: Haroon

ISLAMABAD: The government has decided to accelerate business reforms by removing 70–75 percent of unnecessary regulations and federal cabinet has approved 170 amendments to the Companies Act, 2017, and a bill in this regard has been sent to Parliament. This was stated by Adviser to the Prime Minister on Industries and Production Haroon Akhtar Khan while addressing a press conference alongside the Chief Minister of Gilgit-Baltistan (G-B) here on Friday. Haroon Akhtar said the government was undertaking historic reforms to simplify the business environment, remove unnecessary regulatory hurdles and promote domestic and foreign investment in Pakistan. The adviser said the complexity of the regulatory framework and difficulties in doing business had been among the major factors discouraging foreign investment in Pakistan. “Over the past 78 years, laws and regulations have been introduced to meet different needs. However, with the passage of time, unnecessary complexities and overlapping requirements have accumulated, making it difficult for businesses to operate efficiently,” Haroon Akhtar Khan said. He explained that the government was conducting a comprehensive review of regulators, laws and regulations affecting businesses across the country. The reform process has made substantial progress, with approximately 60–70 percent of the overall work completed. Reform proposals submitted by various institutions recommend eliminating, on average, 70–75 per cent of unnecessary or duplicative regulations. The Adviser said that Prime Minister Shehbaz Sharif was personally overseeing the reform agenda and holding review meetings every two weeks to ensure progress. The implementation of several proposed reforms had already begun, while further measures were being developed to improve the ease of doing business and strengthen investor confidence. Highlighting the proposed AsaanKarobar Act, Haroon Akhtar Khan said the government was working to establish a business environment aligned with international best practices. The initiative aims to simplify regulatory procedures, reduce compliance costs and create a more predictable and investor-friendly framework for businesses operating in Pakistan. He further stated that 170 amendments to the Companies Act, 2017, had been approved by the federal cabinet and the relevant bill had been forwarded to Parliament. The proposed amendments aim to facilitate company registration and business operations while modernising Pakistan’s corporate regulatory framework. International regulatory systems, particularly those of Delaware in the United States, the United Kingdom and Canada, had been studied as benchmarks for the proposed reforms. The government had also engaged a senior international consultant with experience in regulatory reform across 135 countries to support the process, he explained. Haroon Akhtar said that regulatory reviews were underway in several sectors, including dairy, maritime, beverages, oil refineries, pharmaceuticals and restaurants. The objective is to identify redundant requirements, streamline procedures and ensure that regulations serve legitimate public and economic interests without imposing unnecessary burdens on businesses. The Adviser emphasised that effective reforms required close coordination between the federal government and provincial and regional administrations. In line with the Prime Minister’s directions, the government was working to advance reforms not only at the federal level but also in coordination with the provinces, Gilgit-Baltistan and Azad Jammu and Kashmir. “We want to ensure that federal and provincial reforms are aligned so that businesses across Pakistan can operate in an environment that is simpler, more transparent and more consistent,” he said. Addressing the issue of industrial inspections, Haroon Akhtar Khan noted that businesses often faced multiple inspections by different departments, including those responsible for labour, environmental protection, fire safety, buildings and boilers. The overlapping procedures could disrupt business operations and create avoidable compliance costs. He said the proposed reforms would bring greater transparency and consistency to the inspection system, protect the rights of businesses and industrialists, and reduce unnecessary difficulties while maintaining essential regulatory safeguards. International best practices were being considered to develop a more efficient and balanced inspection framework. The Adviser also outlined plans for an integrated, single-window digital portal through which businesses would be able to submit applications and connect with the relevant provincial authorities and regulatory bodies. The proposed platform is intended to reduce the need for businesses to visit multiple departments and help them complete necessary regulatory procedures through a single point of access. “Our objective is to make investment easier, reduce the cost of doing business and restore the confidence of both domestic and foreign investors. Businesses should be able to focus on production, innovation and expansion rather than navigating unnecessary procedural hurdles,” he said. Haroon Akhtar reiterated that the government was committed to creating an enabling environment in which investors could make decisions with confidence, industries could expand and new employment opportunities could be generated. He concluded that simplifying business regulations, strengthening domestic industry and attracting investment were essential for sustainable economic growth, industrial development and job creation in Pakistan. Copyright Business Recorder, 2026 [...]

KTBA urges FBR to modify IRIS system
October 24, 2026 12:32
KTBA urges FBR to modify IRIS system

ISLAMABAD: To facilitate overseas Pakistanis, the Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to modify the IRIS system to allow individuals returning to Pakistan after a period of non-residence to enter their appropriate opening wealth balance for Tax Year 2026. In a letter to FBR Member Inland Revenue (Operations) on Friday, the KTBA said the existing restriction in the Wealth Reconciliation Statement was creating difficulties for individuals who resumed tax residency after spending intervening years as non-residents. The association pointed out that IRIS automatically carries forward the opening wealth balance from the last Wealth Statement filed and does not allow taxpayers to edit it. Consequently, the system retains the wealth balance reported before the period of non-residence, preventing returning taxpayers from accurately reconciling their wealth for the relevant tax year. The KTBA illustrated the issue with the case of an individual who was a Pakistani tax resident up to Tax Year 2023 and filed an income tax return, Wealth Statement and Wealth Reconciliation Statement for that year. The individual subsequently remained a non-resident during Tax Years 2024 and 2025, declaring only Pakistan-source income and not filing Wealth Statements, as these were not required under section 116(2) of the Income Tax Ordinance, 2001, in the circumstances described. Upon returning to Pakistan and becoming a resident during the period relevant to Tax Year 2026, the individual is required to furnish a Wealth Statement and Wealth Reconciliation Statement under section 116(2) of the Ordinance. However, the IRIS system automatically carries forward the wealth balance as of June 30, 2023, into a non-editable opening balance field, creating difficulties in reconciling wealth for Tax Year 2026. The association maintained that, under the self-assessment and declaration framework of income tax laws, taxpayers should be allowed to declare their opening wealth balance on the basis of relevant information and records, subject to applicable legal provisions. Without prejudice to this broader position, the KTBA urged the FBR to address the specific issue by modifying the relevant IRIS validation to allow returning individuals to enter an appropriate opening wealth balance for the relevant tax year. It said the proposed change would enable affected taxpayers to reconcile their wealth for Tax Year 2026 without being required to undertake a reconciliation covering the intervening years of non-residence. The association further emphasised that the IRIS 2.0 filing utility should facilitate compliance with section 116(2) without extending the scope of the statutory obligation. The KTBA requested urgent resolution of the matter to enable affected individuals to correctly complete and submit their Wealth Statements and Wealth Reconciliation Statements for Tax Year 2026. Copyright Business Recorder, 2026 [...]

US authorises emergency release of up to 400,000 oil barrels
October 24, 2026 12:32
US authorises emergency release of up to 400,000 oil barrels

WASHINGTON: The US Department of Energy said on Friday it had authorised an emergency exchange of up to 400,000 barrels of crude oil from the Strategic Petroleum Reserve to address a supply disruption affecting Phillips 66’s Lake Charles refinery in Louisiana. The SPR is already at the lowest level since 1982 after President Donald Trump tapped it as the US war on Iran disrupted supply lines, and after his predecessor, President Joe Biden, turned to it following Russia’s full-scale invasion of Ukraine. The Lake Charles refinery has a capacity to refine about 264,000 barrels per day. The exchange will “help offset temporary disruptions affecting crude oil deliveries to the refinery and support continued production of transportation fuels serving Louisiana and surrounding markets,” the department said. The refinery will receive crude oil from the US Strategic Petroleum Reserve, a Phillips 66 spokesperson confirmed on Friday, but he declined to comment on refinery operations or commercial activity. “We do not anticipate impacts to Lake Charles operations,” he said. [...]

Oil hits USD116 mark as ME conflict rages on
October 24, 2026 12:32
Oil hits USD116 mark as ME conflict rages on

NEW YORK: Oil prices settled more than USD3 higher on Friday, their highest in nearly six months after Houthi attacks in Saudi Arabia stoked concerns over further disruption to energy supplies from the Middle East, where UAE authorities also reported an oil spill. Brent crude futures settled at USD116.72 a barrel, up USD3.55 or 3.14 percent, their highest since April 29. US West Texas Intermediate crude closed at USD103.27 a barrel, up USD3.80 or 3.8 percent. Brent finished the week up 6 percent and WTI ended 2.3 percent higher. “Fears of supply disruptions drove the advance after Houthi carried out a series of attacks across Saudi Arabia, including on energy infrastructure,” said Adam Turnquist, chief cross-asset strategist for LPL Financial. On Thursday, Saudi Aramco ordered the evacuation of its headquarters in Dhahran on the Gulf near Bahrain, Reuters reported. Fighting intensified between Saudi Arabia, the world’s largest crude exporter and Yemen-based Houthis. An oil spill from a tanker was detected off the UAE coast of Umm Al Quwain, the United Arab Emirates Ministry of Climate Change and Environment said. It did not say what caused the spill and authorities have not identified the tanker involved. Shipping sources said on October 9 that the Gem No. 2 supertanker was struck by an unidentified projectile 13 nautical miles (24 km) west of Al Jazeera in the UAE. “The market is concerned about these continued Iranian attacks on tankers that we’ve seen increase over the last week,” said Andrew Lipow, president of Lipow Oil Associates. “While there has been an increase in oil transiting out of the Strait of Hormuz, that could change at any minute.” Clashes between the Houthis and a Saudi-led coalition that backs Yemen’s internationally recognised government have raged since the Houthis pushed towards Bab el-Mandeb Strait last month, a shipping chokepoint at the mouth of the Red Sea. October has been the worst month for attacks on commercial shipping in the Strait of Hormuz and nearby waterways, according to data compiled by a Washington-based think tank that has tracked maritime security incidents worldwide since 2017. President Donald Trump said on Friday the US could end the war with Iran quickly, but said perhaps Washington should allow the conflict to gradually wind down. The US Department of Energy said it had authorized an emergency exchange of up to 400,000 barrels of crude oil from the Strategic Petroleum Reserve to address a supply disruption affecting Phillips 66’s Lake Charles refinery in Louisiana. The SPR is already at the lowest level since 1982 after President Donald Trump tapped it as the US war on Iran disrupted supply lines. Trump’s predecessor, President Joe Biden, also tapped the SPR following Russia’s invasion of Ukraine. Elsewhere, Germany’s national oil stockpiling agency EBV circulated a tender to sell diesel, heating oil and crude oil volumes from strategic reserves. This marks Germany’s first oil releases from strategic reserves since G7 countries, under pressure from Trump, agreed to do so at the start of October. On Thursday, the head of Libya’s National Oil Corp told Reuters that an oil pipeline valve from the Hamada and Tahara oilfields to Zawiya port had been shut, leading to a reduction in production at both fields. Ship tracking data showed the first Russian diesel bound for the US since Moscow and Washington reached an export agreement was aboard a tanker heading for New York. Trump announced the deal this month as part of efforts to bring down soaring diesel prices ahead of US midterm elections on November 3. US energy firms this week kept the total rig count unchanged for a second week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. The total oil and gas rig count, an early indicator of future output, held steady at 603 during the week ended October 23. [...]

Govt approves Karachi Industrial Park as federal SEZ
October 24, 2026 12:32
Govt approves Karachi Industrial Park as federal SEZ

ISLAMABAD: The government has approved Karachi Industrial Park as a federal Special Economic Zone (SEZ) and endorsed a framework for government-funded utilities and allied infrastructure in privately established zones, seeking to attract export-oriented investment, reduce industrialisation costs and boost employment. The Federal Minister for Finance and Revenue, Muhammad Aurangzeb, on Friday chaired the 11th meeting of the Board of Approvals (BoA) for Special Economic Zones (SEZs), which discussed key measures to facilitate industrial investment, improve infrastructure provision, and promote the effective utilisation of industrial land. The Board confirmed the minutes of its 10th meeting and considered three substantive agenda items. The Board approved the application for Karachi Industrial Park (KIP) as a Federal Special Economic Zone. The proposed zone aims to attract export-oriented industrial investment, promote technology transfer and value addition, and generate employment. The Board also approved the General Eligibility Criteria for the provision of utilities and allied services up to the designated zero point of privately established SEZs through government funding, under the SEZ Act, 2012. The criteria establish a framework for considering the provision of road access, utilities and other essential facilities at government expense on a case-by-case basis. The Board further approved the Land Lease Policy for Public Sector SEZs and Industrial Estates in Punjab. The policy promotes industrial investment through long-term leasing, reducing upfront land costs and ensuring optimal use of public-sector industrial land, while encouraging investment in key industrial sectors and emerging industries with high export potential. The decisions reflect the Government’s continued focus on facilitating industrialisation, improving the investment environment and strengthening the framework for Special Economic Zones. The measures are intended to support greater private-sector participation, encourage export-oriented production and ensure that public resources and industrial land are utilised effectively. The meeting was attended by Federal Minister for Board of Investment Qaiser Ahmed Sheikh; Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal; Federal Minister for Commerce Jam Kamal Khan; Adviser to the Prime Minister on Industries and Production Haroon Akhtar Khan; and Punjab Minister for Industries, Commerce and Investment Shafay Hussain. Senior officials from the Finance Division, Board of Investment, Special Investment Facilitation Council (SIFC), Federal and Provincial Special Economic Zones Authorities, relevant federal ministries and provincial departments, as well as representatives of the relevant sectors, also attended. Copyright Business Recorder, 2026 [...]

Petrol price maintained; HSD’s hiked by Rs1.91
October 24, 2026 12:32
Petrol price maintained; HSD’s hiked by Rs1.91

ISLAMABAD: In the latest daily price review for October 24, the retail petrol price has been kept unchanged at Rs377.71 per litre, whereas, High-Speed Diesel (HSD) saw an increase of Rs1.91 per litre from Rs391.75 to Rs393.66 per litre effective. Average refined petrol prices eased to USD 117.52 per barrel from USD 117.89 on October 23, while HSD increased slightly to USD 110.58 per barrel from USD 109.47. Oil and Gas Regulatory Authority (OGRA) states that the change in price is necessitated by global events including changes in Platts rates, premiums, incidentals etc. A Petroleum Division notification states that levies and profit margins remain largely steady across both products. The change is recorded in import cost of both petroleum products. The ex-refinery price of petrol has come down to Rs266.95 per litre from Rs266.97 per litre, whereas, import cost of HSD price has increased to Rs286.11 from Rs284.19 per litre. According to the notification, government levies and fixed profit margins for petrol and HSD remain unchanged. Both fuels carry a Petroleum Levy of Rs80 per litre, a Climate Support Levy of Rs5 per litre, and profit margins of Rs9.98 per litre for dealers and Rs7.87 per litre for oil marketing companies. The Inland Freight Equalisation Margin (IFEM) is sustained at Rs 7.89 per litre for petrol, and Rs 4.71 per litre for HSD. The new prices are applicable from October 24 to 26. Copyright Business Recorder, 2026 [...]

LPG shortage worsens after supply issues
October 24, 2026 12:32
LPG shortage worsens after supply issues

LAHORE: The shortage of liquefied petroleum gas (LPG) has worsened due to disturbed supplies from Iran, traders said. Pakistan imports about 7,000 metric tons of LPG a day from Iran, according to the Pakistan LPG Association. More than 4,000 tons a day enters through Gabd-Rimdan alone, said Shamsul Haq, former president of the Gwadar Chamber of Commerce and Industry. “These imports are at halt,” Haq said. He added that more than 1,000 Pakistani containers carrying potatoes, bananas and rice for Iran were also stranded. However, Pakistani exports of perishable goods were later restored. Traders said the price of a 12 kg LPG cylinder had risen to 7,000 Pakistani rupees (USD25) from 4,500 rupees (USD16) within days and could climb further if the disruptions persist. Hundreds of trucks, including LPG tankers, are stranded on both sides of the border, Haq said. The Quetta Chamber of Commerce and Industry has advised members to stop placing new orders with Iran until further notice. Truck drivers stuck at the supply route said they had been waiting for days in harsh conditions with limited access to basic amenities. Pakistan-Iran trade totalled about USD2.8 billion in the 2023-24 fiscal year, including roughly USD684 million of Pakistani exports, according to the Federation of Pakistan Chambers of Commerce and Industry. Pakistan LPG Association Chairman Irfan Khokhar warned shortages and price increases could worsen. “Already, LPG is being sold at different prices in Pakistan,” he said. A 12 kg cylinder sells for about 7,000 rupees in Balochistan, 7,500 rupees in Lahore and 8,200 rupees in Skardu, he said, adding that higher LPG prices were feeding through to other goods. Lahore resident Farhat Abbas said he paid 250 rupees per kg for LPG before the closure but now pays 500-600 rupees per kg. Consumers fear shortages and rising prices could worsen as winter approaches. On a visit to Tehran this week to discuss the US-Iran war, Pakistan’s army chief also discussed issues with Iranian leaders. Iran’s foreign ministry said consultations on resuming trade were underway. [...]

Nationwide Islamic investment competition: ‘Empowered Women, Ethical Investments’ launched
October 24, 2026 12:32
Nationwide Islamic investment competition: ‘Empowered Women, Ethical Investments’ launched

KARACHI: The Iqra University Centre for Excellence in Islamic FinTech (IU CEIF), in collaboration with ZLK Islamic Financial Services formally launched “Empowered Women, Ethical Investments” as a nationwide Islamic investment competition designed to promote financial literacy, responsible saving habits, Shariah-compliant investments and financial empowerment among female university students, faculty and staff across Pakistan. A memorandum of understanding was also signed by IU CEIF, the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), United Nations Industrial Development Organization (UNIDO), and ICEI to strengthen international institutional collaboration in Islamic finance, financial technology, capacity building and related initiatives. The initiative brings together prominent national and international organisations as strategic partners, including AAOIFI, UNIDO, Pakistan Stock Exchange (PSX), SECP, Meezan Bank Limited, CDC and Al Meezan Investment Management Limited. In this regard, a ceremony was held at Iqra University with Sheikh Ebrahim Bin Khalifa Al Khalifa, Chairman of AAOIFI, Bahrain, as chief guest and Imtiaz Haider, Commissioner at the Securities and Exchange Commission of Pakistan (SECP), as guest of honour. In his welcome address, M Farhan-Ul-Haq Usmani, Honorary Director, IU CEIF, highlighted the Centre’s commitment to advancing Islamic financial technology, financial inclusion and capacity building. Speaking at the ceremony, Imaan Hunaid Lakhani said, “Iqra University is ranked amongst the top 1000 universities of the world by Times Higher Education (THE), alongside many global institutions. This ranking and today’s launch of the competition are milestones on the path of establishing an institution that provides world class teaching, research, industrial engagement and an international outlook.” Prof Dr Nassar Ikram, Vice Chancellor, Iqra University, shared his views and emphasised that by uniting regulators, global institutions and industry, this MoU and competition gives women students a trusted platform to turn ethical principles into confident investment decisions and future financial leadership. Dr Hashim Hussein, Head of UNIDO Investment and Technology Promotion, delivered a keynote address highlighting the significance of entrepreneurship, technology, investment knowledge and institutional partnerships in promoting women’s economic empowerment and sustainable development. Addressing the gathering, Imtiaz Haider, Commissioner, SECP, highlighted the importance of investor education, financial awareness and women’s participation in regulated financial markets. Dr Syed Amir Ali, President, Meezan Bank Limited and Co-Patron of IU CEIF, shared his vision for strengthening the Islamic financial ecosystem through innovation, education and collaboration, emphasizing the potential of Islamic finance to advance financial inclusion. In his address as Chief Guest, Sheikh Ebrahim Bin Khalifa Al Khalifa underscored the importance of ethical and Shariah-compliant financial practices and the role of knowledge, innovation and institutional cooperation in expanding opportunities for womem’s participation in the financial sector. The top three performing teams will receive exciting prizes from IU CEIF, ZLK Islamic Financial Services and other strategic partners. Copyright Business Recorder, 2026 [...]

KATI president seeks reduction in policy rate
October 24, 2026 12:32
KATI president seeks reduction in policy rate

KARACHI: Korangi Association of Trade and Industry (KATI) President Sheikh Umer Rehan has urged the State Bank of Pakistan (SBP) to significantly reduce the policy rate to single digits at the upcoming Monetary Policy Committee (MPC) meeting to promote industrialisation, investment and economic activity. He said high interest rates were increasing financial pressures on the industrial sector, raising production costs and discouraging new investment projects. Without access to affordable financing, it would be difficult for industries to expand production capacity, establish new manufacturing units, generate employment and increase exports. Sheikh Umer Rehan said industrialists were already grappling with high electricity and gas tariffs, expensive raw materials and a heavy tax burden. Costly bank financing further increased the cost of doing business, undermining the competitiveness of Pakistani products in both domestic and international markets. The KATI president emphasised that the SBP should take the needs of the industrial sector, investment trends and prevailing business costs into account while formulating monetary policy. He said an appropriate reduction in interest rates would enable industries to expand their production facilities, invest in modern technology and create new employment opportunities, thereby supporting sustainable economic growth. He also stressed the need to ensure affordable credit for small and medium-sized enterprises (SMEs), noting that these businesses played a vital role in industrial development, employment generation and the national economy. Sheikh Umer Rehan appealed to SBP Governor Jameel Ahmad and members of the Monetary Policy Committee to adopt a clear strategy for gradually reducing interest rates while taking the concerns of the business community into consideration. He said a reduction in the policy rate would help accelerate industrialisation, restore investor confidence and put the national economy on a path towards sustainable growth. Copyright Business Recorder, 2026 [...]

SIFC assures KCCI of closer institutional coordination
October 24, 2026 12:32
SIFC assures KCCI of closer institutional coordination

KARACHI: Joint Secretary (Military), Special Investment Facilitation Council (SIFC), and Head of SIFC’s Provincial Office in Sindh, Colonel Abdullah Khan Sherani has assured the Karachi Chamber of Commerce & Industry (KCCI) of closer institutional coordination, direct engagement and facilitation to address the business community’s concerns, promote investment and strengthen public-private sector collaboration. During his visit to KCCI, Colonel Abdullah Khan Sherani said that establishing a direct working relationship with the Chamber’s newly elected leadership was a key objective of his visit. He explained that he had recently been posted to Sindh as SIFC’s permanent provincial representative and was in his second week of orientation, during which he was meeting key stakeholders and familiarising himself with the province’s business and investment landscape. He said that, on the directions of Director General SIFC Asad ur Rehman Cheema, his first priority in Karachi was to visit KCCI, followed by engagement with other chambers of commerce and trade bodies across Sindh. He emphasised that the objective was to establish direct points of contact and develop a sustained working relationship to ensure that business community concerns could be communicated effectively to the relevant authorities. Acknowledging the longstanding concerns raised by the business community at various forums, he observed that many of these issues had already been highlighted at the appropriate and highest levels, but their resolution remained outstanding. He stressed the need to identify the most pressing concerns, establish a clear priority list and take them up systematically with the relevant departments and authorities, rather than attempting to address all matters simultaneously. He assured the Chamber that SIFC would play its facilitative role to the fullest extent possible, keep its senior leadership informed and help take up matters requiring the intervention of the Sindh government. He added that some concerns fell within the mandate of the Regulatory Reforms Wing, while others required intervention at different administrative levels. Accordingly, he would coordinate with the relevant wings and arrange further engagement with KCCI to ensure that the issues were referred to the appropriate forums. Speaking on the occasion, Chairman Businessmen Group (BMG) Zubair Motiwala urged the SIFC to translate its mandate into tangible results by addressing the structural challenges undermining Pakistan’s industrial competitiveness, investment climate and export growth. He stressed that repeated meetings, presentations and assurances had failed to produce meaningful outcomes, emphasising that the country urgently needed practical measures to reduce the cost of doing business, revive industrial activity and restore investor confidence. Expressing concern over the widening disconnect between policy discussions and implementation, he said that business leaders had repeatedly highlighted critical economic issues at meetings with senior government officials, including the prime minister, but meaningful corrective action remained elusive. He emphasised that the challenges confronting Karachi’s industry were not merely the concerns of one chamber or city; they reflected deeper structural weaknesses affecting Pakistan’s entire economy. “Pakistan’s economy is under severe pressure, industries are closing and entrepreneurs are reluctant to make new investments. Everybody acknowledges the problems when we raise them, but the real question is why no concrete steps are taken to resolve them,” he observed, stressing that consultations with SIFC and other institutions would only be meaningful if followed by effective implementation. He underscored that industrial growth was essential not only for earning foreign exchange but also for creating jobs, improving law and order, supporting social stability and expanding the fiscal space required for health, education and poverty alleviation. With population growth continuing and Karachi experiencing additional migration from other parts of the country, he warned that the absence of new investment and employment opportunities could intensify existing socioeconomic challenges. “Fundamental structural reforms are indispensable if Pakistan wants to attract investment and move forward economically,” he said, questioning whether the government’s Uraan Pakistan economic transformation initiative was being implemented in a meaningful manner. Speaking on the occasion, President KCCI Talat Mahmood called upon the SIFC to take urgent, result-oriented measures to address Karachi’s deteriorating infrastructure, law and order situation, traffic congestion and other fundamental challenges that are discouraging investment and undermining the country’s export potential. He emphasised that Karachi’s economic significance warranted immediate attention at the highest levels. He stressed that Pakistan could not attract meaningful foreign investment without first creating an enabling environment for domestic investors, who were already struggling to sustain their businesses amid persistent structural and operational challenges. Expressing concern over the limited visible impact of initiatives undertaken by SIFC and other relevant institutions, Talat Mahmood said that the business community had high expectations when the Council was established to facilitate investment and address impediments to economic growth. However, many of those expectations had yet to translate into tangible improvements on the ground. He also regretted that Karachi had not received the infrastructure and connectivity benefits that the China-Pakistan Economic Corridor (CPEC) was expected to generate. Talat Mahmood stressed that efficient port connectivity was essential for a city that served as Pakistan’s principal commercial and industrial hub. He called for SIFC to use its institutional influence to highlight such critical infrastructure requirements in its recommendations and facilitate their consideration at the appropriate government levels. He further stressed that Karachi needed to be recognised as a metropolitan economic centre whose performance had direct implications for Pakistan’s overall exports, revenue generation, employment and investment outlook. Copyright Business Recorder, 2026 [...]

Pakistan rejects Zalmay Khalilzad's allegations of arming Afghans
October 24, 2026 11:25
Pakistan rejects Zalmay Khalilzad's allegations of arming Afghans

Pakistan has categorically rejected the baseless and misleading allegations by Zalmay Khalilzad, former ambassador of the US to Afghanistan, of arming former Afghans to fight Taliban and their supporters terrorist groups. The Ministry of Information and Broadcasting’s Fact Check account said in a post on X that Khalilzad’s sweeping baseless assertions merely recycle speculative narratives as part of his personal agenda to prop up terrorism supporting Taliban regime. The information ministry said  it is particularly misleading to conflate Pakistan’s legitimate counterterrorism operations against terrorist organisations operating from inside Afghan Taliban regime controlled areas threatening its citizens with allegations of recruiting Afghan nationals or sponsoring armed groups inside Afghanistan. “Pakistan remains at the forefront of the fight against terrorism and has made enormous sacrifices in protecting regional peace and security,” it said. The information ministry emphasised that successive UN monitoring reports have documented the continued presence and activities of terrorist organisations, including TTP and Al-Qaeda, inside Afghanistan. It said Khalilzad’s allegations conveniently divert attention from the Afghan Taliban regime’s responsibility to prevent its territory from being used by Indian sponsored proxies for terrorism against Pakistan. The ministry said Khalilzad’s paddling of such unsubstantiated allegations only expose his skewed agenda based views. [...]

Late India charge seals thrilling second T20 win over New Zealand
October 24, 2026 11:18
Late India charge seals thrilling second T20 win over New Zealand

CHRISTCHURCH: Tilak Varma struck a brutal half-century as India powered to a thrilling four-wicket win over New Zealand in the second T20 on Saturday for a 2-0 series lead. The tourists scored 68 runs from the last 4.5 overs in Christchurch to clinch victory with a ball to spare, having looked down and out when they were reduced to 70-5 in the 11th over, in pursuit of 181. Tilak carved 51 not out off 26 balls while Nitish Kumar Reddy struck the winning runs in an unbeaten 26 off 13 to hand India control of the five-match series. The result matched their four-wicket win in the opening match at the same Hagley Oval venue two days earlier, which was achieved with two balls to spare. New Zealand’s bowling was vastly improved, led by captain Mitchell Santner, who took 4-21 through the middle stages as India’s top order failed to match their dynamic batting from game one, when they chased down 225. Spinner Santner claimed the scalp of dangerous opener Abhishek Sharma for 27 in his first over and Naman Dhir for 31 in his fourth to have the tourists teetering at 112-6. However, Tilak in particular swung the bat brilliantly over the closing stages, finding the boundary four times in the penultimate over bowled by Nathan Smith. Opener Sanju Samson, who set up victory on Thursday with a rapid 67, departed cheaply. That dismissal brought Vaibhav Sooryavanshi to the crease after the 15-year-old batting sensation was called up for his 10th T20, replacing the injured Ishan Kishan. However, he didn’t last long, caught in the infield off Smith for four. Earlier, Glenn Phillips scored his second straight half-century as New Zealand recovered from 41-3 to post 180-5. Phillips struck four sixes in his 70 off 43 balls as he put on 116 in a fourth-wicket rearguard with Bevon Jacobs, whose 58 came off 46 balls. Seamer Arshdeep Singh was India’s best bowler, taking 2-33 off four overs. Game three is in Wellington on Tuesday. [...]

Saudi forces say intercepted two Houthi missiles targeting Yanbu, Taif
October 24, 2026 11:13
Saudi forces say intercepted two Houthi missiles targeting Yanbu, Taif

RIYADH: The Saudi-led coalition fighting in Yemen announced on Saturday that it had intercepted two missiles fired by the Houthis towards Taif and Yanbu, in the kingdom’s west. It came shortly after Riyadh’s civil defence agency broadcast warnings of “potential danger” for four western regions, including Taif and Yanbu as well Makkah, home to Islam’s holiest city, and Yanbu. The alerts were all rescinded minutes later. Residents were instructed to “proceed to the nearest safe place” by the agency. The agency also repeated a legal warning against sharing images or information related to “countering missiles and drones”. The Gulf kingdom has come under repeated attack from Yemen’s Houthis in recent weeks as part of the latter country’s revived civil war. The group has targeted the kingdom’s oil infrastructure as well as its airports. Yanbu is a major oil export hub on the Red Sea coast that has allowed Riyadh to bypass Iran’s blockade of the Strait of Hormuz for much of its crude exports. An attack on Riyadh airport earlier this month killed 13 people and wounded dozens more. Riyadh leads a military coalition that first intervened in the conflict, which has devastated Yemen and created one of the world’s worst humanitarian crises, in 2015. The war had been dormant since a ceasefire in 2022, but erupted again in July as the wider Middle East war roiled the region. [...]

Gold prices in Pakistan fall for fifth consecutive day
October 24, 2026 9:59
Gold prices in Pakistan fall for fifth consecutive day

Gold prices in Pakistan decreased on Saturday in line with their loss in the international market. In the local market, gold price per tola reached Rs422,036 after a decline of Rs2,500 during the day. Similarly, 10-gram gold was sold at Rs361,827 after it fell by Rs2,144, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Friday, gold price per tola reached Rs424,536 after a decline of Rs7,000 during the day. The international rate of gold declined by $25 to reach $3,995 per ounce. Meanwhile, the price of silver also decreased by Rs7 to reach Rs5,858 per tola. [...]

South Africa paceman Nortje ruled out of third Test
October 24, 2026 9:41
South Africa paceman Nortje ruled out of third Test

CAPE TOWN: South African quick bowler Anrich Nortje is out of the last test against Australia after a groin injury suffered early in the comprehensive second test victory in Gqeberha this week, Cricket South Africa said on Saturday. The 32-year-old Nortje pulled up in his fourth over and played no further part in the test, which South Africa won by an innings and 31 runs on Thursday. He is the only change to the squad for the third Test, which starts at Newlands on Tuesday. Mumbai Indians promote Pollard to head coach, replacing Jayawardene Nortje had only returned after a lengthy spell out of first-class cricket after a litany of injuries stalled his career. South Africa and Australia are level at 1-1 in the three-match series. Squad: Temba Bavuma (Lions, captain), Marques Ackerman (Dolphins), David Bedingham (Cobras), Corbin Bosch (Titans), Matthew Breetzke (Warriors), Gerald Coetzee (Lions), Simon Harmer, Marco Jansen (both Titans), Keshav Maharaj (Dolphins), Aiden Markram (Titans), Wiaan Mulder (Lions), Senuran Muthusamy (Warriors), Dane Paterson (Cobras), Kagiso Rabada, Ryan Rickelton (both Lions), Kyle Verreynne (Cobras). ‑Reuters [...]

Muslim, European countries seek negotiated solutions to regional conflicts
October 24, 2026 9:13
Muslim, European countries seek negotiated solutions to regional conflicts

Pakistan, Türkiye, Egypt and Saudi Arabia, collectively referred to as the R4, along with France, Germany, Italy and the United Kingdom, have called for urgent efforts to address regional conflicts through dialogue, diplomacy and de-escalation. The understanding was reached at a meeting of the foreign ministers of the eight countries in Istanbul, according to a joint press release issued after the talks. The ministers stressed the need for lasting, negotiated solutions to outstanding conflicts in accordance with relevant United Nations resolutions. They discussed a range of regional and international issues, including the US-Israel conflict with Iran, the Israeli-Palestinian conflict and the need for a negotiated two-state solution. The discussions also covered Houthi militia attacks against Saudi Arabia and the Yemeni government, as well as the safety and freedom of navigation, rising tensions in the Strait of Hormuz and Bab el-Mandeb, and the situation in the Black Sea. The ministers reaffirmed their commitment to supporting diplomatic efforts to promote peace and stability in the region and beyond, while addressing the security, economic and trade implications of the conflicts. They also agreed to continue dialogue in the same format to help prevent conflicts and advance regional peace and stability. [...]

Ronaldinho to return to action with Italian club Ravenna
October 24, 2026 8:25
Ronaldinho to return to action with Italian club Ravenna

Brazil great Ronaldinho will return to competitive football next month when he plays ​for Italian third-tier side Ravenna against ‌local rivals Forli on November 15, the Serie C club announced on Friday. The 46-year-old former Barcelona ​and AC Milan forward, who won ​the 2002 World Cup with Brazil and ⁠the Ballon d’Or in 2005, last played ​competitively for Brazilian club Fluminense in 2015. ​He officially retired in 2018. Ravenna signed Ronaldinho in June and he later acquired a stake in the ​club, which is owned by his friend ​Ignazio Cipriani. Cipriani said the move was intended “to bring the ‌whole ⁠city closer to the team”. Ronaldinho stopped short of confirming he would play when he arrived in Italy in August, although he ​left open ​the prospect ⁠of scoring the 300th goal of his career. Trabzonspor goalkeeper Onana escapes injury in car crash in Turkiye “I’m here to help,” ​he said at the time. The derby ​against ⁠Forli will take place at Ravenna’s Stadio Bruno Benelli. Ravenna sit second in Serie ⁠C ​Group B with 20 points ​from 10 games, eight behind leaders Spezia. [...]

Sindh govt orders probe into alleged police negligence in Mir Raza case
October 24, 2026 8:13
Sindh govt orders probe into alleged police negligence in Mir Raza case

The Sindh government has formed a joint investigation team (JIT) to reinvestigate the murder of young businessman Mir Raza Ali in light of a judicial commission’s report, while a separate committee will examine alleged police negligence and possible attempts to cover up the case, Aaj News reported on Saturday. The JIT will be headed by Sindh Police Deputy Inspector General Irfan Baloch and include representatives of the Rangers, federal intelligence agencies and the National Cyber Crime Investigation Agency (NCCIA), Sindh Home Minister Ziaul Hasan Lanjar said. The provincial Home Department has written to the Rangers to nominate a Grade-18 officer for the team. The government also plans to include a Grade-20 Federal Investigation Agency (FIA) officer in a separate committee to investigate the police’s role, alleged negligence and shortcomings during the initial 10 days of the case. The department has approached the federal interior ministry to nominate an officer. The JIT will be authorised to submit the case challan before the court, with the necessary legal formalities being completed, the home minister said. Judicial commission report prompts fresh action Mir Raza Ali, 25, went missing from Karachi’s PECHS area on July 28, 2026. His body, bearing signs of torture and gunshot wounds, was found in Gulistan-e-Jauhar two days later. Police initially suspected suicide, but his family maintained that he had been abducted, tortured and murdered. Following the family’s concerns, the body was exhumed on August 8 for a second post-mortem examination on court orders. The investigation was subsequently transferred to the Zaman Town police station. The Sindh government later established a judicial commission through the Sindh High Court. The commission submitted its report to the government on October 15, and the provincial cabinet made the report public by publishing it on the official website. Action against police officials The provincial government has also formed a committee headed by DIG Zulfiqar Larak to review the police investigation system, crime scene unit and other relevant departments and recommend reforms in line with the judicial commission’s findings. Sindh Inspector General of Police Javed Alam Odho has said the police will implement all the commission’s recommendations. The Home Department has directed the provincial police chief to convey the commission’s observations about senior officers Amir Farooqi and Farrukh Lanjar to the relevant deputy inspectors general. It has also ordered the removal and suspension of SHO Adeel Afzal and departmental proceedings against him, while directing that SSP Samiullah Soomro receive further professional training. An FIA inquiry has been ordered into allegations of evidence tampering involving SHO Kamran Qureshi. Inspectors Shabbir Laghari and Ghaus have also been ordered suspended, with departmental investigations to follow. Separately, the Home Department has written to the health secretary seeking the immediate suspension of Dr Osama Sheikh over alleged shortcomings in post-mortem and medico-legal procedures, along with arrangements for two years of further training. The department has also recommended commendation certificates for Zeeshan and Constable Arif for their performance. The chief minister has directed that the judicial commission’s report be provided to the victim’s family. A four-member subcommittee of provincial ministers has also been formed to determine the next steps and ensure that the requirements of justice are met. [...]

Elena Rybakina into Ningbo semifinals
October 24, 2026 8:09
Elena Rybakina into Ningbo semifinals

World No. 1 Elena Rybakina of Kazakhstan advanced to the Ningbo Open semifinals with a three-set win Friday ​against Poland’s Katarzyna Kawa in China. In a match ‌with a combined nine service breaks, the top-seeded Rybakina completed her 6-1, 3-6, 6-1 victory in 1 hour and 45 minutes thanks ​to a 29-14 advantage in winners. Up next ​for Rybakina is No. 6 Diana Shnaider of ⁠Russia, who outlasted No. 4 Iva Jovic 6-3, 4-6, ​6-1 in 2 hours and 11 minutes. The other semifinal of ​the WTA 500 tournament features unseeded players Leylah Fernandez of Canada and Marie Bouzkova of the Czech Republic. Fernandez rallied for a ​4-6, 6-2, 6-1 win over Russia’s Ekaterina Alexandrova, and ​Bouzkova posted a 6-3, 6-4 win against countrywoman Sara Bejlek. Japan open Top-seeded Ann ‌Li ⁠will meet unseeded Ashlyn Krueger in an all-American semifinal in Osaka after getting there in vastly different ways. Li survived a 6-4, 3-6, 7-6 (0) challenge from Austria’s Lilli Tagger ​in 2 hours ​and 11 ⁠minutes, while Krueger cruised to a 6-1, 6-3 victory against No. 4 seed Talia ​Gibson of Australia in just 61 minutes. Top-ranked Rybakina into Ningbo quarter-finals on return from injury Meeting in ​the ⁠other semifinal at the WTA 250 tournament are No. 8 Katie Boulter of Great Britain and unseeded Czech Katerina Siniakova. ⁠Boulter ​overcame a slow start for a ​3-6, 6-3, 6-3 win against Croatia’s Antonia Ruzic, while Siniakova breezed to ​a 6-1, 6-2 triumph against American Mary Stoiana. [...]

Mumbai Indians promote Pollard to head coach, replacing Jayawardene
October 24, 2026 7:58
Mumbai Indians promote Pollard to head coach, replacing Jayawardene

Mumbai Indians have appointed Kieron Pollard as head coach for the 2027 ​season in place of Mahela Jayawardene, ‌the Indian Premier League team said on Saturday. Pollard, who helped the West Indies win the ​Twenty20 World Cup in 2012 and ​won five IPL titles with the Mumbai ⁠Indians between 2013 and 2020, served ​as the team’s batting coach under Jayawardene ​before the Sri Lankan’s departure last week. Mumbai Indians are the joint most-successful side in IPL history, with ​five titles, but have struggled since ​their last victory, finishing outside the playoffs in four ‌of ⁠the past six seasons. HBL PSL 12 road map confirmed: Direct signings open “Having experienced this journey as a player and then as a coach, I understand what Mumbai Indians ​stands for ​and the ⁠responsibility that comes with representing the Blue and Gold,” the ​39-year-old said in a statement. “I look ​forward ⁠to working closely with the players and support staff, building on the team’s ⁠legacy, ​helping our talent grow and ​giving the (fans) many more reasons to celebrate.” [...]

US embassy says security ramped up in Jordan after deadly church attack
October 24, 2026 7:24
US embassy says security ramped up in Jordan after deadly church attack

The US embassy ​in Amman said security ‌had been stepped up at malls, foreign embassies and ​other locations across Jordan ​after Friday’s attack on ⁠a church in Jordan’s ​Karak governorate. Seven people were ​killed and dozens were injured when gunmen opened fire during a ​funeral at a ​church, the head of the country’s ‌Public ⁠Security Directorate said. There was no immediate claim of responsibility. At least seven killed in attack at church in Jordan, state-owned outlet says Authorities are still searching ​for the ​attackers, ⁠whom they describe as “extremists”, while adding ​it was too early ​to ⁠determine whether they had links to known groups ⁠inside ​or outside ​Jordan. [...]

Pakistan condemns deadly church attack in Jordan that kills seven
October 24, 2026 7:18
Pakistan condemns deadly church attack in Jordan that kills seven

Pakistan on Saturday “strongly condemned” a terrorist attack at a church in Jordan’s Karak Governorate that killed at least seven people and injured 10 others. In a statement, the Foreign Office expressed condolences to the government and people of the Hashemite Kingdom of Jordan, particularly the bereaved families, and wished a speedy recovery to those injured. Pakistan also reaffirmed its solidarity with the Jordanian people in their fight against terrorism and reiterated its strong condemnation of terrorism in all its forms and manifestations. According to Jordan’s state-owned television station Al-Mamlaka, two gunmen got out of a vehicle and opened fire during a funeral procession at Hamoud Church in Karak on Friday. Security forces were deployed at the church and were pursuing the suspects, the broadcaster reported. [...]

Tsunami warning lifted after earthquake off Vanuatu
October 24, 2026 6:24
Tsunami warning lifted after earthquake off Vanuatu

SYDNEY: A tsunami warning has been lifted after a 6.9 magnitude earthquake off the coast of Vanuatu on Saturday, the Pacific Tsunami Warning Centre said. The magnitude of the earthquake was revised to 6.9, down from an earlier estimate of 7.2 magnitude, the centre said in an update. Vanuatu’s Geological Hazards Department had earlier issued a warning for people in coastal areas to evacuate to higher grounds. The quake’s epicentre was around 200 kilometres (124 miles) north-west of Port-Olry on the island of Santo, according to geological monitor USGS. It also reported a second quake of magnitude 6.3 nearby. Indonesia earthquake damages buildings, triggers tsunami waves Vanuatu’s former prime minister Alatoi Ishmael Kalsakau wrote on Facebook there had been continuing aftershocks, counting five quakes on Saturday, and urging residents to “be safe” and check apps regularly. Earthquakes are common in Vanuatu, a low-lying archipelago that straddles the tectonic Ring of Fire, an arc of seismic activity stretching through Southeast Asia and across the Pacific basin. [...]

Two explosions heard in Riyadh following alert
October 24, 2026 6:21
Two explosions heard in Riyadh following alert

RIYADH: Two explosions rang out in Riyadh early Saturday, an AFP journalist in the Saudi capital said, as Yemen’s Houthis keep up strikes on the kingdom. The Saudi civil defence said an early warning system was activated to alert residents to a potential threat. Gulf shipping traffic via Hormuz stays below 10-day average, data shows The Saudi-led coalition fighting the Houthis said it had downed a ballistic missile heading towards Riyadh, along with a drone in the Eastern province. Saudi Arabia has come under sustained attack from the Iran-backed group this month, including a strike on Riyadh’s international airport that was the country’s deadliest in years. Following an uneasy four-year truce, fighting reignited in Yemen in July, months into the US-Iran conflict that has plunged the wider region into crisis. The Yemen conflict has killed hundreds of thousands of people in one of the world’s poorest countries, which was already suffering a vast humanitarian crisis. [...]

North Korea's Kim calls for training world's 'strongest' military
October 24, 2026 6:12
North Korea's Kim calls for training world's 'strongest' military

SEOUL: North Korean leader Kim Jong Un urged his military to train to become the strongest in the world at a two-day meeting of company commanders in Pyongyang, state media said Saturday. Kim’s call for what he dubbed a “Korean-style military revolution” came the same week Seoul’s military proposed talks to clarify the border after an explosion inside the heavily fortified Demilitarised Zone (DMZ) further strained inter-Korean ties. Seoul and Pyongyang remain technically at war as the 1950-53 Korean War ended in a truce, not a peace treaty. The Pyongyang event, held Thursday and Friday, was aimed at developing a plan “to train the strongest armed forces in the world,” Kim said, according to the official Korea Central News Agency (KCNA). He also called for “all the companies” of the North’s army to be “turned into a strong elite unit in military and technical aspects and consolidated into perfect combat forces”. KCNA said it was the first gathering of “the entire army” since a February party congress where Kim had called for stronger conventional forces and reaffirmed plans to develop nuclear weapons and missiles. North Korea has also tested a slew of weapons recently, including a “new-type” precision-guided torpedo system and an intermediate-range hypersonic missile, both of which were said to use AI technology. Despite long-running UN sanctions, North Korea has enshrined its status as a nuclear-armed state in law, with its regime repeatedly declaring its atomic arsenal permanent and irreversible. The North has also become a key Russian ally since it launched its invasion of Ukraine in 2022, sending troops to support Moscow’s war effort in return for economic benefits and military technology. South Korea proposed on Friday military talks with North Korea to clarify their border and restore communication channels, after Seoul blamed the DMZ blast that injured South Korean soldiers on North Korean landmines, a claim Pyongyang strongly rejected. Pyongyang, which also previously rejected Seoul’s demand for an apology over the explosion, has not responded to Friday’s proposal. [...]

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

France closes metro stations, tourist sites as 70,000 police prepare for mass protests
October 24, 2026 11:35
France closes metro stations, tourist sites as 70,000 police prepare for mass protests

France closes metro stations, tourist sites as 70,000 police prepare for mass protests France has shut down metro stations, tourists sites and various shops in the midst of deploying 70,000 police to deal with mass protests and possible riots stemming from the planned demonstrations. French... [...]

SpaceX restores high-speed Starlink connections above 400 km/h in Ukraine
October 24, 2026 10:16
SpaceX restores high-speed Starlink connections above 400 km/h in Ukraine

SpaceX restores high-speed Starlink connections above 400 km/h in UkraineSpaceX has restored high-speed satellite connectivity in Ukraine, with Starlink terminals reportedly maintaining stable connections at speeds exceeding 400 km/h, Ukrainian Defense Minister Yevhenii Khmara confirmed to... [...]

Russia and Ukraine agree to ceasefire, plan November peace talks: What we know so far
October 24, 2026 8:49
Russia and Ukraine agree to ceasefire, plan November peace talks: What we know so far

Russia and Ukraine agree to ceasefire, plan November peace talks: What we know so farRussia and Ukraine have agreed to a localized ceasefire in the Russian-occupied town of Oleshky, located across the Dnipro River from Kherson, to address a severe humanitarian crisis.Both countries said on Friday,... [...]

Donald Trump lashes out on 'horrible' reporter, defends viral campaign ad
October 24, 2026 7:55
Donald Trump lashes out on 'horrible' reporter, defends viral campaign ad

Donald Trump lashes out on 'horrible' reporter, defends viral campaign adDonald Trump just lashed out over a reporter after the President defended Republican candidate for Ohio governor’s recent campaign ad.When NBC reporter Monica Alba questioned why Trump had defended the video from Vivek... [...]

Kim Jong Un's China visit puts North Korea-China ties in focus
October 24, 2026 7:10
Kim Jong Un's China visit puts North Korea-China ties in focus

Kim Jong Un’s China visit puts North Korea-China ties in focusNorth Korean leader Kim Jong Un has made its visit to Dandong, China via a newly opened bridge as reported by South Korea’s Yonhap news agency on Sunday, citing a Seoul government source. China and North Korea officially... [...]

Trump announces new 50 percent tariffs on Canadian goods as Maine Senate race heats up
October 24, 2026 6:10
Trump announces new 50 percent tariffs on Canadian goods as Maine Senate race heats up

Trump announces new 50 percent tariffs on Canadian goods as Maine Senate race heats upUS President Donald Trump has announced changes to his 50 percent tariffs on Canadian goods, removing duties on 22 products while adding 100 others to the list.The White House announced the changes on Friday,... [...]

Barack Obama joins Sherrod Brown and Abdul El-Sayed in crucial Senate election battles
October 24, 2026 5:33
Barack Obama joins Sherrod Brown and Abdul El-Sayed in crucial Senate election battles

Barack Obama joins Sherrod Brown and Abdul El-Sayed in crucial Senate election battlesFormer US President Barack Obama will campaign in Ohio and Michigan on Saturday to support Democratic Senate candidates ahead of November's midterm elections.According to The Associated Press, Obama will first... [...]

Trump demands Rep. Ilhan Omar resign after DOJ court filing references over 'fake' name
October 23, 2026 6:58
Trump demands Rep. Ilhan Omar resign after DOJ court filing references over 'fake' name

Trump demands Rep. Ilhan Omar resign after DOJ court filing references over 'fake' nameA federal court filing submitted by the U.S. Attorney's Office concerning efforts to seal materials related to a search warrant for Representative Ilhan Omar's Washington, D.C.-area residence referenced the... [...]

Carney rejects Trump administration's accusation of Canada interfering in US midterm elections
October 23, 2026 5:08
Carney rejects Trump administration's accusation of Canada interfering in US midterm elections

Carney rejects Trump administration’s accusation of Canada interfering in US midterm elections Canadian Prime Minister Mark Carney has rejected allegations from the Trump administration that Canadian politicians are interfering in US politics ahead of November's midterm... [...]

Ukraine, Russia and US set to hold key talks in Abu Dhabi in early November
October 23, 2026 5:08
Ukraine, Russia and US set to hold key talks in Abu Dhabi in early November

Ukraine, Russia and US set to hold key talks in Abu Dhabi in early November On Friday, Ukrainian President Volodymyr Zelenskyy said that peace negotiators from Ukraine, Russia and the United States had decided to connect for working-level talks in the first couple of weeks of November in Abu... [...]

Australia lawmaker Hannah Beazley's staff threatened days after Helen Haines attack
October 23, 2026 4:48
Australia lawmaker Hannah Beazley's staff threatened days after Helen Haines attack

Australia lawmaker Hannah Beazley’s staff threatened days after Helen Haines attackA second female Australian politician has been targeted in a threatening incident just days after federal lawmaker Helen Haines was critically injured in an alleged deliberate car attack.John Lawrence Smart,... [...]

New York AG Letitia James challenges attempt to disqualify her from Cornell investigation
October 23, 2026 4:20
New York AG Letitia James challenges attempt to disqualify her from Cornell investigation

New York AG Letitia James challenges attempt to disqualify her from Cornell investigationNew York Attorney General Letitia James has opposed a legal attempt to remove her as special prosecutor in a Cornell University rape investigation following allegations of political bias.According to NBC News,... [...]

Trump administration targets Alaska Senate race over fears of ballot confusion
October 23, 2026 4:00
Trump administration targets Alaska Senate race over fears of ballot confusion

Senator Dan Sullivan is seeking re-election against another Republican candidate, Daniel Sullivan, a retired schoolteacherThe US Department of Justice has filed a federal lawsuit seeking to prevent Alaska from certifying its Senate election results over concerns that voters could confuse two... [...]

Gunman near Paris kills one, injures several as mayor suspects 'racist, Islamophobic' intent
October 23, 2026 3:15
Gunman near Paris kills one, injures several as mayor suspects 'racist, Islamophobic' intent

Gunman near Paris kills one, injures several as mayor suspects ‘racist, Islamophobic’ intentAt least one person has been killed and five others injured in a shooting near Paris, with French authorities investigating the incident as a suspected terrorist attack.According to DW, the... [...]

Trump faces Republican backlash over Ramaswamy ad ahead of Florida rally
October 23, 2026 2:55
Trump faces Republican backlash over Ramaswamy ad ahead of Florida rally

Trump faces Republican backlash over Ramaswamy ad ahead of Florida rally US President Donald Trump is heading to Florida to campaign for Republican gubernatorial candidate Byron Donalds as controversy grows over an attack advertisement targeting Ohio Democratic candidate Amy Acton.According... [...]

اگلے وزیرِ اعلیٰ خیبر پختونخوا وفاقی حکومت کے حمایت یافتہ ہوں گے: کامران مرتضیٰ
October 24, 2026 10:10
اگلے وزیرِ اعلیٰ خیبر پختونخوا وفاقی حکومت کے حمایت یافتہ ہوں گے: کامران مرتضیٰ

رہنما جمعیت علمائے اسلام سینیٹر کامران مرتضی—فائل فوٹورہنما جمعیت علمائے اسلام سینیٹر کامران مرتضی نے کہا ہے کہ خیبر پختون خوا کے... [...]

پاکستان نے زلمے خلیل زاد کے الزامات مسترد کر دیے، طالبان کی حمایت کا الزام بے بنیاد قرار
October 24, 2026 10:10
پاکستان نے زلمے خلیل زاد کے الزامات مسترد کر دیے، طالبان کی حمایت کا الزام بے بنیاد قرار

---فائل فوٹو وزارتِ اطلاعات و نشریات نے زلمے خلیل زاد کے پاکستان سے متعلق بےبنیاد اور گمراہ کن الزامات کو یکسر مسترد کرتے ہوئے کہا ہے... [...]

4 سعودی شہروں میں خطرے کے انتباہات جاری ہونے کے بعد خطرہ ٹلنے کا اعلان
October 24, 2026 10:10
4 سعودی شہروں میں خطرے کے انتباہات جاری ہونے کے بعد خطرہ ٹلنے کا اعلان

—فائل فوٹوسعودی عرب کے 4 شہروں میں خطرے کے انتباہات جاری ہونے کے بعد خطرہ ٹلنے کا اعلان کر دیا گیا۔سعودی سول ڈیفنس نے مکہ مکرمہ، جدہ،... [...]

خیبر پختونخوا میں گورنر راج و ایمرجنسی کا نفاذ غیر جمہوری اقدام ہے: جے یو آئی
October 24, 2026 10:10
خیبر پختونخوا میں گورنر راج و ایمرجنسی کا نفاذ غیر جمہوری اقدام ہے: جے یو آئی

—فائل فوٹوجے یو آئی ف نے خیبر پختون خوا میں گورنر راج اور ایمرجنسی کا نفاذ غیر جمہوری اقدام قرار دے دیا۔امیرِ جے یو آئی ف کے پی... [...]

خیبرپختونخوا: دہشتگردی سے متاثرہ اضلاع و پولیس منصوبوں کیلئے 5 ارب روپے جاری
October 24, 2026 10:10
خیبرپختونخوا: دہشتگردی سے متاثرہ اضلاع و پولیس منصوبوں کیلئے 5 ارب روپے جاری

---فائل فوٹو خیبر پختون خوا حکومت نے رواں مالی سال 27-2026ء کے دوران دہشت گردی سے متاثرہ مخصوص اضلاع اور دیگر پولیس منصوبوں کے لیے 5 ارب... [...]

مبینہ زیادتی کا نشانہ بنی آذربائیجان کی خاتون ڈیانا نے 2 کروڑ روپے لیکر بیان بدلا: پولیس ذرائع
October 24, 2026 9:10
مبینہ زیادتی کا نشانہ بنی آذربائیجان کی خاتون ڈیانا نے 2 کروڑ روپے لیکر بیان بدلا: پولیس ذرائع

لاہور میں مبینہ طور پر زیادتی کا نشانہ بننے والی آذربائیجان کی خاتون کا ملزمان سے متعلق بیان کے معامے پر نیا موڑ سامنے آ... [...]

راولپنڈی: ڈمپر کی موٹر سائیکل کو ٹکر، 1 ہی خاندان کے 3 افراد جاں بحق
October 24, 2026 9:10
راولپنڈی: ڈمپر کی موٹر سائیکل کو ٹکر، 1 ہی خاندان کے 3 افراد جاں بحق

—فائل فوٹوراولپنڈی میں ڈمپر کی موٹر سائیکل کو ٹکر سے 3 موٹر سائیکل سوار جاں بحق ہو گئے۔پولیس ذرائع کے مطابق حادثہ راولپنڈی کے تھانہ... [...]

پاکستان کشمیر کے بغیر، کشمیر پاکستان کے بغیر نامکمل ہے: صدر آزاد کشمیر
October 24, 2026 9:10
پاکستان کشمیر کے بغیر، کشمیر پاکستان کے بغیر نامکمل ہے: صدر آزاد کشمیر

صدر آزاد کشمیر ڈاکٹر نجیب نقی—فائل فوٹوصدر آزاد کشمیر ڈاکٹر نجیب نقی نے کہا ہے کہ جس طرح پاکستان کشمیر کے بغیر نامکمل ہے اسی طرح... [...]

کراچی کے 70 فیصد علاقوں میں لوڈ شیڈنگ نہیں کی جا رہی: ترجمان کے الیکٹرک کا دعویٰ
October 24, 2026 8:10
کراچی کے 70 فیصد علاقوں میں لوڈ شیڈنگ نہیں کی جا رہی: ترجمان کے الیکٹرک کا دعویٰ

کے الیکٹرک کے ترجمان کا کہنا ہے کہ کے الیکٹرک نیٹ ورک نے سہ ماہی جائزہ مکمل کر لیا ہے۔ترجمان کے الیکٹرک نے دعوی کیا ہے کہ شہر کے... [...]

جھل مگسی سے اغواء 1 شخص کی لاش برآمد، دوسرے کی تلاش جاری
October 24, 2026 7:10
جھل مگسی سے اغواء 1 شخص کی لاش برآمد، دوسرے کی تلاش جاری

---فوٹو بشکریہ سوشل میڈیا بلوچستان کے علاقے جھل مگسی سے 4 روز قبل اغواء ہونے والے 2 افراد میں سے 1 کی لاش مل گئی جبکہ دوسرے مغوی کی... [...]

شیخوپورہ: شیر خوار بچی کی حوالگی پر جھگڑا، 3 خواتین قتل
October 24, 2026 7:10
شیخوپورہ: شیر خوار بچی کی حوالگی پر جھگڑا، 3 خواتین قتل

—فائل فوٹوشیخوپورہ کے گاؤں ٹھٹہ علی میں شیر خوار بچی کی حوالگی پر جھگڑے کے دوران 3 خواتین کو قتل کر دیا گیا۔پولیس کا کہنا ہے کہ ملزم... [...]

دیامر بھاشا ڈیم پروجیکٹ کا ہائیڈرو مکینیکل کنٹریکٹ چینی کمپنی کو دے دیا گیا
October 24, 2026 7:10
دیامر بھاشا ڈیم پروجیکٹ کا ہائیڈرو مکینیکل کنٹریکٹ چینی کمپنی کو دے دیا گیا

—فائل فوٹودیامربھاشا ڈیم پروجیکٹ کا ہائیڈرو مکینیکل کنٹریکٹ چینی کمپنی کو دے دیا گیا۔واپڈا کے ترجمان کےمطابق دیامر بھاشا ڈیم... [...]

خیبر پختونخوا کی آڈٹ رپورٹ میں 18 ارب 46 کروڑ روپے کی مالی بے ضابطگیوں کا انکشاف
October 24, 2026 7:10
خیبر پختونخوا کی آڈٹ رپورٹ میں 18 ارب 46 کروڑ روپے کی مالی بے ضابطگیوں کا انکشاف

---فائل فوٹو آڈٹ رپورٹ 25-2024ء میں انکشاف کیا گیا ہے کہ صوبے میں مالی سال 25-2024ء کے دوران خیبر پختون خوا اکنامک زونز ڈیولپمنٹ اینڈ... [...]

پنشن ملازم کا قانونی و آئینی حق ہے، خیرات نہیں: اسلام آباد ہائیکورٹ
October 24, 2026 7:10
پنشن ملازم کا قانونی و آئینی حق ہے، خیرات نہیں: اسلام آباد ہائیکورٹ

---فائل فوٹو اسلام آباد ہائی کورٹ نے قومی بچت مرکز میں تعینات افسر نوید اللّٰہ کو ریٹائرمنٹ پر پنشن اور دیگر مراعات ادا کرنے کا حکم دے... [...]

راولپنڈی: سابق وزیرِ اعظم راجہ پرویز اشرف کے گھر چوری ہو گئی
October 24, 2026 6:10
راولپنڈی: سابق وزیرِ اعظم راجہ پرویز اشرف کے گھر چوری ہو گئی

سابق وزیرِ اعظم راجہ پرویز اشرف—فائل فوٹوراولپنڈی میں جاتلی کے علاقے ڈھوک امب میں سابق وزیرِ اعظم راجہ پرویز اشرف کے گھر چوری ہو... [...]

فرانس: مہنگائی کیخلاف مظاہروں کا نیا سلسلہ، 70 ہزار اہلکار تعینات
October 24, 2026 10:10
فرانس: مہنگائی کیخلاف مظاہروں کا نیا سلسلہ، 70 ہزار اہلکار تعینات

— تصویر بشکریہ غیر ملکی میڈیافرانس میں مہنگائی اور قوتِ خرید میں کمی کے خلاف مظاہروں کا نیا سلسلہ شروع ہو گیا۔فرانسیسی میڈیا کے... [...]

سعودی ایئر لائن کی ریاض سے تمام پروازیں7 نومبر تک منسوخ
October 24, 2026 9:10
سعودی ایئر لائن کی ریاض سے تمام پروازیں7 نومبر تک منسوخ

—فائل فوٹوسعودی ایئر لائن نے سعودی دارالحکومت ریاض سےاپنی تمام پروازیں7 نومبر تک منسوخ کر دی ہیں۔غیر ملکی میڈیا کے مطابق سعودی عرب... [...]

شمالی کوریا کے سربراہ کم جونگ ان چین پہنچ گئے
October 24, 2026 8:10
شمالی کوریا کے سربراہ کم جونگ ان چین پہنچ گئے

شمالی کوریا کے سربراہ کم جونگ ان—فائل فوٹوشمالی کوریا کے سربراہ کم جونگ ان عوامی جمہوریہ چین پہنچ گئے۔غیر ملکی میڈیا کے مطابق کم... [...]

استنبول: 8 ممالک کے وزرائے خارجہ کی ایران کیخلاف فوجی کارروائی کی مخالفت
October 24, 2026 8:10
استنبول: 8 ممالک کے وزرائے خارجہ کی ایران کیخلاف فوجی کارروائی کی مخالفت

فوٹو بشکریہ غیر ملکی میڈیااستنبول میں 8 علاقائی اور یورپی ممالک کے وزرائے خارجہ کا بند کمرہ اجلاس ہوا ہے جس میں ایران کے خلاف فوجی... [...]

خفیہ یو ایف او فائلز میں امریکی حساس تنصیب کے اوپر ’سیاہ تکون‘ نما پراسرار شے دیکھے جانے کا انکشاف
October 24, 2026 8:10
خفیہ یو ایف او فائلز میں امریکی حساس تنصیب کے اوپر ’سیاہ تکون‘ نما پراسرار شے دیکھے جانے کا انکشاف

— فائل فوٹوپینٹاگون کی خفیہ یو ایف او سے متعلق نئی دستاویزات میں انکشاف ہوا ہے کہ امریکی حساس تنصیب کے اوپر ’سیاہ تکون‘ نما... [...]

ایران امریکی جنگی جہازوں کوخلیج میں داخل نہیں ہونے دے گا: سربراہ ایرانی فوج
October 24, 2026 8:10
ایران امریکی جنگی جہازوں کوخلیج میں داخل نہیں ہونے دے گا: سربراہ ایرانی فوج

ایرانی فوج کے سربراہ میجر جنرل علی عبداللّٰہی—فائل فوٹوایرانی فوج کے سربراہ میجر جنرل علی عبداللّٰہی کا کہنا ہے کہ ایرانی افواج نے... [...]

ایران پر نئے حملے سے کشیدگی میں اضافہ ہو گا: ترک وزیرِ خارجہ
October 24, 2026 7:10
ایران پر نئے حملے سے کشیدگی میں اضافہ ہو گا: ترک وزیرِ خارجہ

ترک وزیرِ خارجہ حاقان فیدان نے ایران پر کسی بھی نئے حملے کے خلاف خبردار کرتے ہوئے کہا ہے کہ اس اقدام سے کشیدگی میں اضافہ ہو گا... [...]

یورپ سردیوں میں گیس کے تاریخی کم ترین ذخائر کیساتھ داخل ہو رہا ہے: سربراہ آئی ای اے
October 24, 2026 7:10
یورپ سردیوں میں گیس کے تاریخی کم ترین ذخائر کیساتھ داخل ہو رہا ہے: سربراہ آئی ای اے

فاتح بیرول ---فائل فوٹو انٹرنیشنل انرجی ایجنسی کے سربراہ فاتح بیرول نے خبردار کیا ہے کہ ایران جنگ کے باعث عالمی توانائی کی فراہمی... [...]

پاکستان، ترکیہ، مصر، سعودیہ کا مشرق وسطیٰ کی صورتِحال پر اظہار تشویش، سفارتی کوششوں پر اتفاق
October 24, 2026 6:10
پاکستان، ترکیہ، مصر، سعودیہ کا مشرق وسطیٰ کی صورتِحال پر اظہار تشویش، سفارتی کوششوں پر اتفاق

آر 4 ملکوں نے مشرقِ وسطیٰ کی صورتِ حال پر  تشویش کا اظہار کرتے ہوئے امن کے لیے سفارتی کوششیں جاری رکھنے پر اتفاق کیا ہے، چاروں... [...]

ڈونلڈ ٹرمپ اور نیتن یاہو کی دھمکیوں سے طاقت نہیں، بے بسی ظاہر ہوتی ہے: محمد مخبر
October 24, 2026 6:10
ڈونلڈ ٹرمپ اور نیتن یاہو کی دھمکیوں سے طاقت نہیں، بے بسی ظاہر ہوتی ہے: محمد مخبر

محمد مخبر---فائل فوٹو ایرانی سپریم لیڈر کے مشیر محمد مخبر نے کہا ہے کہ امریکی صدر ڈونلڈ ٹرمپ اور اسرائیلی وزیرِاعظم نیتن یاہو کی... [...]

ٍٍٍٍٍٍٍٍٍشہزادہ ولیم شاہی ذمے داریاں سنبھالنے سے قبل کیا بننا چاہتے تھے؟
October 24, 2026 6:10
ٍٍٍٍٍٍٍٍٍشہزادہ ولیم شاہی ذمے داریاں سنبھالنے سے قبل کیا بننا چاہتے تھے؟

برطانوی شہزادہ ولیم---فائل فوٹو برطانوی شہزادے ولیم نے انکشاف کیا ہے کہ شاہی ذمے داریاں سنبھالنے سے قبل میں پولیس افسر اور ڈی جے بننے... [...]

اردن میں چرچ کے اندر آخری رسومات کے دوران فائرنگ، 8 افراد ہلاک
October 24, 2026 6:10
اردن میں چرچ کے اندر آخری رسومات کے دوران فائرنگ، 8 افراد ہلاک

—فوٹو بشکریہ غیر ملکی میڈیااردن میں چرچ کے اندر میت کی آخری رسومات کے دوران فائرنگ سے 8 افراد ہلاک اور 40 زخمی ہو گئے۔اردنی حکام کے... [...]

ٹرمپ نے الہان ​​عمر کے نام پر سوال کیوں اٹھایا؟
October 24, 2026 5:10
ٹرمپ نے الہان ​​عمر کے نام پر سوال کیوں اٹھایا؟

---فائل فوٹوزامریکی صدر ڈونلڈ ٹرمپ نے ڈیموکریٹ رکنِ کانگریس الہان عمر کا مکمل نام سامنے آنے پر ان سے استعفے کا مطالبہ کر دیا۔عرب... [...]

حوثیوں کے ساتھ کسی جھڑپ میں شامل ہونے کا کوئی ارادہ نہیں: ترک وزیرِ دفاع
October 24, 2026 5:10
حوثیوں کے ساتھ کسی جھڑپ میں شامل ہونے کا کوئی ارادہ نہیں: ترک وزیرِ دفاع

ترک وزیرِ دفاع یشار گولر—فائل فوٹوترک وزیرِ دفاع یشار گولر کا کہنا ہے کہ ترکیہ کا حوثیوں کے ساتھ کسی قسم کی جھڑپ میں شامل ہونے کا... [...]

بحر الکاہل: وانواتو میں زلزلہ، شدت 7.2 ریکارڈ
October 24, 2026 4:10
بحر الکاہل: وانواتو میں زلزلہ، شدت 7.2 ریکارڈ

—فائل فوٹو بحر الکاہل میں واقع ملک وانواتو میں زلزلہ آیا ہے۔امریکی جیو لوجیکل سروے کے مطابق وانواتو میں آنے والے زلزلے کی شدت 7... [...]

سونا مزید سستا ہو گیا
October 24, 2026 10:10
سونا مزید سستا ہو گیا

—فائل فوٹوملک میں سونے کی قیمت میں آج مزید کمی ہو گئی۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق 2500 روپے کی کمی کے بعد... [...]

طیاروں کا فیول، لائٹ ڈیزل آئل اور مٹی کا تیل مہنگا
October 24, 2026 9:10
طیاروں کا فیول، لائٹ ڈیزل آئل اور مٹی کا تیل مہنگا

—فائل فوٹوطیاروں کا فیول، لائٹ ڈیزل آئل اور مٹی کا تیل مہنگا کر دیا گیا، قیمتوں میں اضافے کا اطلاق آج سے کیا گیا ہے۔طیاروں کے ایندھن... [...]

عالمی معیشت بے یقینی کی صورتِ حال کا شکار ہے: وزیرِ خزانہ
October 24, 2026 7:10
عالمی معیشت بے یقینی کی صورتِ حال کا شکار ہے: وزیرِ خزانہ

وزیرِ خزانہ محمد اورنگزیب—اسکرین گریبوزیرِ خزانہ محمد اورنگزیب کا کہنا ہے کہ عالمی معیشت بے یقینی کی صورتِ حال کا شکار ہے۔لاہور میں... [...]

کوئٹہ: مرغی کا گوشت 50 روپے کلو مہنگا
October 24, 2026 7:10
کوئٹہ: مرغی کا گوشت 50 روپے کلو مہنگا

—فائل فوٹوکوئٹہ میں 600 روپے فی کلو فروخت ہونے والا مرغی کا گوشت اب 50 روپے اضافے کے بعد 650 روپے فی کلو میں فروخت ہو رہا ہے۔ماکیٹ ذرائع... [...]

پاکستان اسٹاک ایکسچینج: کاروباری ہفتے میں منفی رجحان رہا
October 24, 2026 4:10
پاکستان اسٹاک ایکسچینج: کاروباری ہفتے میں منفی رجحان رہا

—فائل فوٹوپاکستان اسٹاک ایکسچینج کی ہفتہ وار اپ ڈیٹ کے مطابق کاروباری ہفتے کے دوران منفی رجحان رہا۔پاکستان اسٹاک ایکسچینج میں رواں... [...]

پیٹرول کی قیمت برقرار، ڈیزل مہنگا کردیا گیا
October 23, 2026 6:10
پیٹرول کی قیمت برقرار، ڈیزل مہنگا کردیا گیا

وفاقی حکومت نے پیٹرولیم مصنوعات کی نئی قیمتوں کا اعلان کردیا۔ڈیزل کی قیمت میں 1روپیہ 91 پیسے فی لیٹر اضافہ کردیا گیا، جبکہ پیٹرول کی... [...]

پی ایس ایکس میں کاروبار کا منفی دن رجحان، 100 انڈیکس 1549 پوائنٹس گرگیا
October 23, 2026 4:10
پی ایس ایکس میں کاروبار کا منفی دن رجحان، 100 انڈیکس 1549 پوائنٹس گرگیا

پاکستان اسٹاک ایکسچینج میں کاروبار کا منفی دن رہا۔ سرمایہ کاروں کی توجہ آئندہ ہفتے مانیٹری پالیسی اجلاس اور مشرقِ وسطیٰ صورتحال سے... [...]

سونے کی قیمت میں بڑی کمی، فی تولہ سوا چار لاکھ سے نیچے آگیا
October 23, 2026 11:10
سونے کی قیمت میں بڑی کمی، فی تولہ سوا چار لاکھ سے نیچے آگیا

فوٹو: فائلملک میں تولہ سونے کی قیمت میں آج 7000 روپے کی بہت بڑی کمی ہوگئی۔ آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق اس... [...]

مہنگائی کی شرح میں ہفتہ وار 0.65 فیصد اضافہ
October 23, 2026 8:10
مہنگائی کی شرح میں ہفتہ وار 0.65 فیصد اضافہ

---فائل فوٹوملک میں ہفتہ وار بنیادوں پر مہنگائی کی شرح میں 0.65 فیصد اضافہ ریکارڈ کیا گیا ہے، جبکہ سالانہ بنیادوں پر مہنگائی بڑھنے کی... [...]

ملک بھر میں مہنگائی بے قابو، ایل پی جی، آٹا اور گوشت عوام کی پہنچ سے دور
October 23, 2026 6:10
ملک بھر میں مہنگائی بے قابو، ایل پی جی، آٹا اور گوشت عوام کی پہنچ سے دور

---فائل فوٹوحکومتی وعدوں اور دعوؤں کے باوجود ملک بھر میں مہنگائی پر قابو نہ پایا جا سکا، ایل پی جی، آٹا، مرغی کے گوشت، مٹن، بیف اور... [...]

ٹرمپ کا امریکی تیل کی پیداوار بڑھانے کیلئے ڈیفنس پروڈکشن ایکٹ نافذ کرنے کا اعلان
October 23, 2026 6:10
ٹرمپ کا امریکی تیل کی پیداوار بڑھانے کیلئے ڈیفنس پروڈکشن ایکٹ نافذ کرنے کا اعلان

— فائل فوٹوامریکی صدر ڈونلڈ ٹرمپ نے پیٹرولیم کی پیداوار، تیل صاف کرنے اور اس سے متعلقہ سرگرمیوں کو قومی دفاع کے لیے ضروری قرار دے... [...]

پی ایس ایکس 100 انڈیکس 2006 پوائنٹس کم ہوگیا
October 22, 2026 5:10
پی ایس ایکس 100 انڈیکس 2006 پوائنٹس کم ہوگیا

ملک میں مہنگائی کی نئی لہر کے سبب پاکستان اسٹاک ایسکچینج کے سرمایہ کاروں کی توجہ 26 اکتوبر کے مانیٹری پالیسی اجلاس پر مرکوز رہی۔ پی... [...]

سونے کی فی تولہ قیمت میں 3 ہزار روپے کی بڑی کمی
October 22, 2026 1:10
سونے کی فی تولہ قیمت میں 3 ہزار روپے کی بڑی کمی

فوٹو: فائلملک میں سونے کی فی تولہ قیمت میں آج 3 ہزار روپے کی بڑی کمی ہوگئی۔ آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق اس... [...]

عالمی بینک کی پاکستان کی معیشت سے متعلق رپورٹ جاری، مہنگائی کی شرح 8.2 فیصد رہنے کی پیش گوئی
October 22, 2026 8:10
عالمی بینک کی پاکستان کی معیشت سے متعلق رپورٹ جاری، مہنگائی کی شرح 8.2 فیصد رہنے کی پیش گوئی

---فائل فوٹو عالمی بینک نے پاکستان کی ترقیاتی صورتحال سے متعلق سال 2026ء کی اقتصادی رپورٹ جاری کر دی جس میں بتایا گیا ہے کہ مالی سال... [...]

کوئٹہ: ایل پی جی کی قیمت میں 10 روپے کا اضافہ
October 22, 2026 6:10
کوئٹہ: ایل پی جی کی قیمت میں 10 روپے کا اضافہ

—فائل فوٹوکوئٹہ میں ایل پی جی کی فی کلو قیمت میں 10 روپے کا مزید اضافہ ریکارڈ کیا گیا ہے۔مارکیٹ ذرائع کے مطابق کوئٹہ میں ایل پی جی کی... [...]

‘Non-answers’ aren’t working. This is what investors really need from the Fed.
October 24, 2026 11:30
‘Non-answers’ aren’t working. This is what investors really need from the Fed.

What really matters to investors, economists say, is for Fed Chairman Kevin Warsh to prove he can successfully communicate the central bank’s strategy. [...]

Do machines have feelings? AI has philosophers and tech leaders rethinking consciousness.
October 24, 2026 11:00
Do machines have feelings? AI has philosophers and tech leaders rethinking consciousness.

As AI models become more advanced, tech leaders and philosophers are mulling the relationship between humanity and technology. [...]

‘She’s living the dream’: My stepmother said I can buy my childhood home for $850,000. Is she taking advantage of me?
October 24, 2026 8:00
‘She’s living the dream’: My stepmother said I can buy my childhood home for $850,000. Is she taking advantage of me?

“My late father bought our house for $250,000 in the 1990s.” [...]

My spouse was awarded $90,000 from my 401(k) in our divorce. How is that fair?
October 24, 2026 7:00
My spouse was awarded $90,000 from my 401(k) in our divorce. How is that fair?

“I retired in 2020 and subsequently went through a divorce a few years later.” [...]

‘I don’t feel sorry for myself’: I’m 64 and will be renting for the rest of my life. Is that so bad?
October 23, 2026 10:49
‘I don’t feel sorry for myself’: I’m 64 and will be renting for the rest of my life. Is that so bad?

“I married a wonderful man with a good income. He left his job due to health issues and suffered a massive stroke at 53.” [...]

Will Anthropic pull off a November IPO? Time is running out to file key paperwork.
October 23, 2026 10:00
Will Anthropic pull off a November IPO? Time is running out to file key paperwork.

If market pressures keep building, Anthropic “could reasonably decide it is better to stay private and wait for a better opportunity,” one portfolio manager says. [...]

Investors piled a record sum into a leveraged semiconductor ETF last week. Things didn’t work out.
October 23, 2026 9:46
Investors piled a record sum into a leveraged semiconductor ETF last week. Things didn’t work out.

Traders making bullish bets on chip stocks are getting walloped this month, as renewed fears emerged about investment returns on the buildout of artificial intelligence. [...]

This hot AI-fueled stock has been in a rut. It just beat earnings expectations by 36%.
October 23, 2026 9:13
This hot AI-fueled stock has been in a rut. It just beat earnings expectations by 36%.

A company beating earnings expectations by 36% and revenue expectations by 15% would usually see a postresults bump. But not for Bloom Energy, the fuel-cell maker that has flourished due to data-center demand. [...]

The mobile ambitions of SpaceX are hitting telecom stocks again. Here’s what the latest developments mean.
October 23, 2026 9:11
The mobile ambitions of SpaceX are hitting telecom stocks again. Here’s what the latest developments mean.

Reports of Starlink’s discussions with cell-tower owners were noticed by shareholders of Verizon, AT&T and T-Mobile. [...]

The real test for Moderna’s cancer vaccine isn’t about beating Keytruda. It’s keeping cancer from coming back in the long term.
October 23, 2026 9:06
The real test for Moderna’s cancer vaccine isn’t about beating Keytruda. It’s keeping cancer from coming back in the long term.

The first Phase 3 data for a cancer vaccine has raised questions about whether the potential new treatment is needed. [...]

Will Anthropic pull off a November IPO? Time is running out.
October 23, 2026 10:21
Investors piled a record sum into a leveraged semiconductor ETF. It didn't work
October 23, 2026 9:52
The U.S. economy is great by this key measure. So why are Americans so sour?
October 23, 2026 8:30
Dow ends 650 points down, S&P 500 and Nasdaq fall as oil prices hit 6-month high
October 23, 2026 8:06
Dow falling sharply in final hour; Nasdaq down after giving up gains
October 23, 2026 7:06
Oil markets are on edge as midterms near and fresh U.S. strikes on Iran loom
October 23, 2026 6:38
Can Nvidia’s stock become a safe haven as Wall Street rethinks the AI trade?
October 23, 2026 6:21
Surging economy gets off to good start in 4th quarter, but there’s a big problem
October 23, 2026 4:49
Over 40% of Americans are heading toward retirement with no plan
October 23, 2026 3:17
Economic calendar: Factory and services data due, plus consumer mood
October 23, 2026 11:44
Jobless claims fall to lowest level since mid-May
July 3, 2025 12:36
Jobless claims stay low in latest week
February 13, 2025 1:33
Consumer credit growth soars in December
February 7, 2025 8:26
U.S. productivity slows down in fourth quarter while unit labor costs accelerate
February 6, 2025 1:34
Beyond to buy rights to Buy Buy Baby brand and reunite it with Bed Bath & Beyond
February 3, 2025 1:46
Trump asks Supreme Court to pause TikTok ban
December 28, 2024 12:32
Amazon says it had best-ever Thanksgiving Holiday week with record sales and number of items sold
December 3, 2024 2:05
U.S. stock futures and bond yields drop on reports Putin has updated nuclear doctrine
November 19, 2024 8:55
Charter Communications announces buyout deal for Liberty Broadband at terms above its previous proposal
November 13, 2024 1:52
General Motors unveils new all-electric Cadillac called the Vistiq with 300-mile range
November 12, 2024 1:53
Vestas Wind Systems stock slumps as company says margins to be at low end of guidance
November 5, 2024 8:39
Burberry shares rise on report Moncler could bid for it
November 4, 2024 8:36
Kazatomprom reports 17% increase in production during the third quarter
November 1, 2024 7:36
Anheuser-Busch InBev shares slip as sales come up shy of estimates
October 31, 2024 8:09
Wingstop’s stock slides 12% after profit falls short of estimates
October 30, 2024 12:22
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