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Sri Lankan benchmark ekes out gain as real estate, energy sectors rise
January 22, 2026 12:07
Sri Lankan benchmark ekes out gain as real estate, energy sectors rise

The Sri Lankan benchmark closed marginally higher on Thursday, as gains in real estate and energy stocks managed to offset losses in consumer discretionary stocks. The CSE All-Share index rose 0.03% to 23,813.77. ACME Printing and Packaging PLC and York Arcade Holdings PLC were the biggest boost to the CSE All-Share index, rising 24.41% and 24.24%, respectively. United Motors Lanka PLC was the top loser on the index, falling 89% Trading volume rose to 187.2 million shares from 180.3 million shares in the previous session. The equity market’s turnover fell to 8.32 billion Sri Lankan rupees ($26.9 million) compared with 9.82 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers of shares worth 307.3 million rupees, while domestic investors were net buyers of shares worth 8.16 billion rupees, data showed. [...]

Copper eases to near 2-week low after Trump’s Greenland backtrack
January 22, 2026 11:41
Copper eases to near 2-week low after Trump’s Greenland backtrack

LONDON: Copper fell to its lowest in almost two weeks on Thursday as markets were calmed by U.S. President Donald Trump’s pledge not to take Greenland by force and his retraction of planned tariffs on countries opposed to his taking over the Arctic island. Benchmark three-month copper on the London Metal Exchange was down 1.3% to $12,640 per metric ton as of 1034 GMT. It touched $12,621 earlier in the session, the lowest since January 9. The contract hit a record high of $13,407 last week. Trump on Wednesday ruled out using military force to take over Greenland and said he would no longer be imposing tariffs on European allies that he had threatened to put into effect on February 1. “The anxiety drops out of the market and everything pulls back because the primary driver is no longer at play,” Panmure Liberum analyst Tom Price said. Investors will start withdrawing money from their cautious positions, which will likely hit commodity prices over the next few days, he added. The rally in industrial metals this year “really doesn’t have anything to do with supply-demand specifics … because we can’t see any change in those,” Price said. The cash LME copper contract was trading at an $84 per ton discount to the three-month forward, after surging to a more than $100 premium on Tuesday, indicating little need for short-term metal. LME copper stocks have risen to 168,250 tons, the highest since May 2025, after 8,725 tons of inflows into warehouses in the United States. Still, LME stocks are dwarfed by the more than 500,000 tons of copper in Comex warehouses. The arbitrage to ship copper to Comex from the LME has either narrowed or closed, traders said. “A negative arb incentivises shipments back to the LME, helping explain the stock increase, while Comex inventories continue to rise in parallel,” Sucden Financial said in a note. Aluminium nudged up 0.1% to $3,116.50 a ton, zinc gained 0.7% to $3,197, lead added 0.1% to $2,023, nickel climbed 0.2% to $18,030 and tin dropped 0.7% to $51,055. [...]

Oil slips as Trump tones down threats against Greenland and Iran
January 22, 2026 11:37
Oil slips as Trump tones down threats against Greenland and Iran

LONDON: Oil prices slipped on Thursday, reversing the previous sessions’ gains, after U.S. President Donald Trump softened threats against Greenland and Iran, and as investors assessed the supply and demand outlook. Brent crude was down $1.07 cents, or 1.6%, at $64.17 a barrel at 1123 GMT. West Texas Intermediate for March declined $1.02 cents, or 1.7%, to $59.60 a barrel. The contracts climbed more than 0.4% on Wednesday following a rise of 1.5% a day earlier, after OPEC+ producer Kazakhstan halted output at its Tengiz and Korolev oilfields due to power distribution issues. “There is a deflation of risk premium related to the Greenland debacle and Iran supply risk has also been reduced,” said Ole Hansen, chief commodity analyst at Saxo Bank. On Wednesday, Trump ruled out the use of force to acquire Greenland and stepped back from tariff threats aimed at European allies. Trump also said he hoped there would be no further U.S. military action in Iran, but added the United States would act if Tehran resumed its nuclear programme. Against the backdrop of Greenland and the receding prospect of action in Iran, oil prices should hold at around $60 a barrel, said Tony Sycamore, an analyst with online broker IG. Also Wednesday, Trump said he believed “we’re reasonably close” to a deal to end the war between Russia and Ukraine, adding he would meet Ukrainian President Volodymyr Zelenskiy later in the day. An end to the war would likely result in the removal of U.S. sanctions on Russia, which would limit supply disruptions and weigh down prices. The International Energy Agency revised its 2026 global oil demand growth forecasts higher on Wednesday in its latest monthly oil market report, suggesting a slightly narrower surplus this year. U.S. crude and gasoline stocks rose, while distillate inventories fell last week, market sources said on Wednesday, citing figures from the American Petroleum Institute. Crude stocks rose by 3.04 million barrels in the week ended on January 16, according to the API, said the sources, who spoke on condition of anonymity. Gasoline inventories rose by 6.21 million barrels, while distillate inventories fell by 33,000 barrels, the sources said. Eight analysts polled by Reuters forecast an average rise of about 1.1 million barrels in crude inventories for the week to January 16. “High crude inventories are limiting further gains in oil prices in an oversupplied market,” said Yang An, an analyst at Haitong Futures. [...]

India’s RBI taps $2 billion-plus FX swaps to blunt liquidity hit from spot intervention, bankers say
January 22, 2026 11:31
India’s RBI taps $2 billion-plus FX swaps to blunt liquidity hit from spot intervention, bankers say

MUMBAI: The Reserve Bank of India has conducted more than $2 billion in FX swaps over the last two days to offset the drain in liquidity caused by spot dollar sales, four bankers said, suggesting a focus on containing currency pressures without exacerbating banking liquidity tightness. The central bank has stepped up spot market intervention amid equity outflows, higher demand linked to bullion imports and increased hedging pile up pressure on the rupee. The currency plunged 0.8% on Wednesday to an all-time low of 91.7425. Spot intervention drains rupee liquidity, an effect the RBI can counter through dollar/rupee buy-sell FX swaps, in which the first leg is settled at the spot date and the second at a future date. Bankers said the central bank conducted such swaps on Tuesday and Wednesday across various maturities. While views on the total size differed, one banker pegged it at more than $3 billion, with estimates starting at around $2 billion. The bankers requested anonymity since they were not authorised to speak publicly. The RBI did not immediately respond to an emailed request for comment. Indian lenders to seek RBI approval for longer bulk deposits, sources say While the RBI regularly uses FX swaps alongside spot intervention, bankers said the volume of buy-sell swaps this week was unusually large compared with past episodes. “It looks like they (RBI) will have to do it (the buy-sell swaps) on a regular basis, considering how frequently they are needing to intervene (in spot) and the liquidity scarcity,” a senior treasury official at a private sector bank said. Liquidity in India’s banking system has intermittently slipped into deficit in recent weeks despite the central bank’s bond purchases and FX swap operations. Bankers said cash conditions have come under increasing pressure from spot FX intervention. Banking system liquidity slipped into a deficit of around 60 billion rupees ($655.4 million) on Wednesday. The RBI’s swap lowered dollar/rupee hedging costs, countering the upward pressure on forward premiums that would normally accompany a fall in the currency. Implied yield on the one-year dollar/rupee premium fell by about 10 basis points over the last two days, slipping further on Thursday. [...]

Palm closes at two-month high on US biofuel regulations, lower output prospects
January 22, 2026 11:09
Palm closes at two-month high on US biofuel regulations, lower output prospects

KUALA LUMPUR: Malaysian palm oil futures closed at its highest level in two months on Thursday, as the likelihood of a production decline amid firm demand, and expectations that the U.S. will soon increase its biofuel blending levels supported the market. The benchmark palm oil contract for April delivery on Bursa Malaysia Derivatives Exchange gained 44 ringgit, or 1.06%, to 4,198 ringgit ($1,039.62) a metric ton, the highest close since November 19, 2025. The market traded higher on news that the U.S. will soon release its final regulations around biofuels, which means that biomass diesel feedstock demand will rise, and that January could see double-digit losses in palm production, said Paramalingam Supramaniam, director at Selangor-based brokerage Pelindung Bestari. They are likely to push prices higher for both soybean and palm oil, he added. In June, the U.S. Environmental Protection Agency proposed total biofuel blending volumes at 24.02 billion gallons and 24.46 billion gallons in 2026 and 2027, respectively, up from 22.33 billion gallons in 2025. “Export demand has also been equally supportive. As such, the overall market is expected to remain upbeat for the first quarter of 2026,” said Supramaniam. Dalian’s most-active soyoil contract rose 0.55%, while its palm oil contract added 1.59%. Soyoil prices on Chicago Board of Trade BOcv1 were down 0.28%. Palm oil tracks price movements of rival edible oils, as it competes for a share of the global vegetable oils market. Oil prices slipped, reversing previous sessions’ gains, after U.S. President Donald Trump softened threats against Greenland and Iran, and as investors assessed the supply and demand outlook. Stronger crude oil futures make palm a more attractive option for biodiesel feedstock. The ringgit, palm’s currency of trade, strengthened 0.15% against the dollar, making the commodity slightly more expensive for buyers holding foreign currencies. [...]

Buying returns to bourse, KSE-100 up over 600 points
January 22, 2026 11:02
Buying returns to bourse, KSE-100 up over 600 points

After a day of selling pressure, buying interest returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index settling with a gain of over 600 points on Thursday. Trading began with heavy selling pressure, pushing the index quickly to the intraday low of 186,825.61 shortly after the opening. This was followed by a strong recovery, lifting the index back above the previous close and into positive territory. For most of the trading session, trading remained largely range-bound, pushing the index to an intraday high of 188,106.82. At close, the KSE-100 Index settled at 187,688.16, an increase of 654.90 points or 0.35%. In a key development, foreign assistance to Pakistan in the first half of 2025-26 reached $4.51 billion, registering an increase of 20% compared to the corresponding period of last year. According to data released by the Economic Affairs Division, the total bilateral loans and grants stood at $1.07 billion for the period from July to December 2025 -26, whereas multilateral grants and loans amounted to $1.97 billion during the same period. On Wednesday, the PSX experienced a sharp reversal as widespread profit booking and heavy selling in index heavyweights pushed the market deep into negative territory, erasing the previous session’s gains. The benchmark KSE-100 Index plunged 1,588.52 points, or 0.84%, to close at 187,033.27 points. Internationally, the US dollar was higher, gold softer and stocks on the rebound on Thursday after US President Donald Trump dropped tariff threats and ruled out seizing Greenland from an ally by force. Wall Street indexes jagged higher on those words, and the S&P 500 closed overnight, notching a 1.16% rise, its largest in two months, and European futures rose 1.3% in the Asian morning. A bouncing dollar has pushed the euro back under $1.17, to $1.1676, and gold has dropped about $100 an ounce to $4,790 from a record high of $4,887. Equity benchmarks in Australia and Japan rose around 1%, and in Seoul, the Kospi crossed 5,000 points for the first time. Trump said after meeting with NATO Secretary General Mark Rutte that Western Arctic allies could forge a new deal over Greenland that would satisfy his desire for a missile defence system and access to critical minerals. But there were no details. The VIX index, nicknamed Wall Street’s fear gauge, sharply fell back towards baseline levels and U.S. Treasuries, which had been sold through the week, caught a bid. Asian shares extend selloff, global bond rout stokes fresh anxiety. Benchmark 10-year Treasury yields were down one basis point in Tokyo trade to 4.24%, after falling four bps in New York. Japanese government bonds started the day steady after a wild week where election spending promises triggered a historic rout in long-dated paper. [...]

Indian rupee breaks six-day losing streak after Trump drops Greenland-related tariff threat
January 22, 2026 10:55
Indian rupee breaks six-day losing streak after Trump drops Greenland-related tariff threat

MUMBAI: The Indian rupee broke its six-day declining streak by staging a mild recovery on Thursday, supported by an improvement in risk appetite after U.S. President Donald Trump stepped back from tariff threats against Europe linked to Greenland. The Indian rupee opened higher against the dollar, but gave up some of the gains after it was unable to rise past the 91.50 per dollar level. The currency ended at 91.63, higher than its previous close and the record low of 91.7425 per dollar hit on Wednesday. Traders said the move resembled the typical pattern of trade in the last few days, where recoveries in the rupee are struggling to hold. The local currency plunged 0.8% on Wednesday to an all-time low of 91.7425 per dollar despite intermittent dollar selling by the central bank . “Trump’s latest remarks eased fears of a broader U.S.–Europe trade dispute, offering some relief to emerging market currencies, including the rupee,” said Dipti Chitale, CEO at Mecklai Financial Services. Still, she said delays in a U.S.-India trade agreement is hurting exports that face a steep 50% tariff, while steady dollar demand from importers is weighing on sentiment. U.S. equities and Treasuries rallied after Trump said the U.S. would not proceed with tariffs on Europe that were scheduled to take effect from February 1, speaking at the World Economic Forum in Davos. His remarks provided relief to Asian currencies, including the struggling rupee, as they ruled out an immediate flare up in trade tensions the use of force to capture Greenland. Dollar demand and capital flows will continue to dominate currency moves, especially as foreign investors have withdrawn nearly $3 billion from Indian equities so far this month, which follows $18 billion of outflows last year. [...]

Indian shares gain after Trump drops EU tariff threat over Greenland
January 22, 2026 10:51
Indian shares gain after Trump drops EU tariff threat over Greenland

Indian share benchmarks rose on Thursday, tracking a rebound in global equities after U.S. President Donald Trump walked back on threats to impose tariffs on European countries and ruled out the use of force to seize Greenland. The Nifty 50 rose 0.53% to 25,289.90, while the BSE Sensex added 0.49% to 82,307.37. Fifteen of the 16 major sectors logged gains. The broader small-caps and mid-caps rose about 0.8% and 1.3%, respectively. The MSCI’s broader index for Asia Pacific stocks outside Japan gained 0.9%. “Sentiment improved following U.S. President Donald Trump’s withdrawal of tariff threats against the European Union and his optimistic remarks on a potential India-U.S. trade deal, which encouraged short-covering and risk-taking,” said Gaurav Garg, analyst at Lemonn Markets Desk. A report by Moneycontrol quoted Trump saying on the sidelines of the World Economic Forum in Davos that the U.S. is “going to have a good deal (with India)”. Textile exporters such as Trident, Vardhman Textiles , Gokaldas Exports, and shrimp exporters Apex Frozen Foods, Coastal Corporation and Avanti Feeds jumped on optimism over New Delhi’s potential deals with the U.S. and EU. Dr. Reddy’s Laboratories climbed 5.2% after reporting a quarterly profit beat. It received approval from the local regulator to manufacture and sell the generic version of the weight-loss drug Ozempic. Zomato parent Eternal closed 2.7% lower as rising competition in the quick-commerce business outweighed optimism over strong third-quarter earnings. While domestic benchmarks rebounded on the day, they are still down 3.3% in January so far, dragged by relentless foreign outflows and mixed earnings. [...]

Rupee registers improvment against US dollar
January 22, 2026 10:42
Rupee registers improvment against US dollar

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"13-Dec-26", "14-Dec-26", "15-Dec-26", "16-Dec-26", "19-Dec-26", "20-Dec-26", "21-Dec-26", "22-Dec-26" ], datasets: [{ label: 'Closing Rates', data: [ 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, 282.72, 282.66, 282.57, 282.67, 282.56, 282.47, 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pointRadius: 3 }] }, options: { responsive: true, plugins: { legend: { display: false } }, scales: { x: { title: { display: true, text: 'Date' } }, y: { title: { display: true, text: 'Closing Rate' } } } } }); The Pakistani rupee registered marginal gain, appreciating 0.01% against the US dollar in the inter-bank market on Thursday. At close, the local currency settled at 279.87, a gain of Re0.03 against the greenback. On Wednesday, the local unit closed at 279.90. Globally, the US dollar held on to overnight gains against major peers on Thursday after President Donald Trump withdrew a threat to impose tariffs on a number of European NATO nations, trumpeting the framework of a deal with NATO over control of Greenland. That put the safe-harbour Swiss franc on the back foot, retreating sharply from a three-week high, while gold sank from an all-time peak. The Australian dollar was buoyed to a 15-month high both by an improvement in risk sentiment and by data showing an unexpected decline in the jobless rate. The yen remained under pressure, hovering close to a record low versus the euro, after Japanese Prime Minister this week called a snap election and pledged measures to loosen fiscal policy. The US dollar held steady at $1.1685 per euro on Thursday, following a 0.3% rebound in the prior session. It was flat at 0.7953 Swiss franc after leaping 0.7% overnight. Trump’s threat to levy tariffs on allied nations opposed to his ambition to control Greenland spooked markets and triggered a broad selloff of U.S. assets, but his comment in Davos on Wednesday that he had ruled out military action offered relief. Oil prices, a key indicator of currency parity, slipped on Thursday after gaining in previous sessions, as investors assessed the supply and demand outlook, while a report showing a rise in US crude and gasoline stocks last week weighed on prices. Brent crude was down 28 cents, or 0.43%, at $64.96 a barrel at 0749 GMT. West Texas Intermediate for March declined 19 cents, or 0.31%, to $60.43 a barrel. The contracts climbed more than 0.4% on Wednesday following a rise of 1.5% a day earlier, after OPEC+ producer Kazakhstan halted output at its Tengiz and Korolev oilfields due to power distribution issues. [...]

European shares rebound as Trump withdraws tariff threats over Greenland
January 22, 2026 8:59
European shares rebound as Trump withdraws tariff threats over Greenland

European shares rebounded on Thursday after US President Donald Trump abandoned tariff threats linked to Greenland and ruled out using force to seize the autonomous Danish territory. The pan-European STOXX 600 climbed 1% by 0802 GMT, regaining some poise after a revival of trade war jitters shaved 1.9% off the benchmark index this week through Wednesday. Trump said he withdrew the tariff threat following a meeting with NATO Secretary General Mark Rutte, in which they had reached the framework of a deal for Greenland’s future. While details were scant, Trump’s comments were enough to lift the risk sentiment among investors who have been worried about a potential trade war. Investors are also parsing a batch of financial updates from companies, looking for clues on profit outlook and demand trends. Shares of Volkswagen, Europe’s largest carmaker, climbed 4.3% after the company reported better-than-expected net cash flow for 2025. [...]

Australian dollar scales 15-month high on strong jobs data
January 22, 2026 8:56
Australian dollar scales 15-month high on strong jobs data

SYDNEY: The Australian dollar hit 15-month highs on Thursday as an apparent easing in US-European tensions soothed risk sentiment, while a strong set of domestic jobs data narrowed the odds on a near-term rate hike. The Aussie climbed 0.4% to a peak of $0.6791, while a break of resistance at $0.6766 opened the way to targets at $0.6793, $0.6824 and the 2024 high of $0.6943. Australian employment jumped by 65,200 jobs in December to easily outpace forecasts of a 30,000 increase and more than recover a loss the previous month. The unemployment rate fell unexpectedly to 4.1%, the lowest in seven months and some way below the Reserve Bank of Australia’s own projection of 4.4%. That strength mirrors signs of a pickup in consumer spending late last year and suggests the economy is accelerating quicker than policymakers had anticipated. “With the labour market resilient as ever, household spending on an upswing and capacity pressures running high, there is a growing imperative for the RBA to tighten policy settings,” said Abhijit Surya, a senior APAC economist at Capital Economics. “We’re growing increasingly confident in our view that the bank will hike rates by 25bp at its meeting in early February.” Markets reacted by ramping up the risk of a quarter-point hike in the 3.6% cash rate when the RBA board meets on February 3. The probability quickly shifted to 54% from 27% before the data and a hike was now fully priced by May. Three-year bond futures duly slid 5 ticks to 95.755 and briefly touched their lowest point since late 2023. Much now depends on inflation data for the December quarter due next week where an increase in core inflation of 0.9% or more would pile pressure on for an early hike. The Antipodean currencies had already rallied overnight when US President Donald Trump said he would not use force to take Greenland and would not now impose fresh tariffs on European countries. The resulting broad gains helped the Aussie hit an 18-month peak against the yen at 107.51 , and an eight-month top on the euro at 0.5812 euros. The kiwi dollar was also firm at $0.5845 after rising 0.2% overnight to reach a four-month top of $0.5865. A sustained breach of $0.5853 resistance sets up a return to $0.6007. [...]

Copper range-bound as US inventories climb to record level
January 22, 2026 8:52
Copper range-bound as US inventories climb to record level

Copper prices were range-bound on Thursday after inventories in US Comex-approved warehouses rose above 500,000 metric tons for the first time amid lingering tariff concerns. The most-active copper contract on the Shanghai Futures Exchange closed daytime trading nudging 0.28% higher to 100,700 yuan ($14,463.61) a metric ton. Meanwhile, the benchmark three-month copper on the London Metal Exchange ticked 0.01% higher to $12,811 a ton as of 0741 GMT. Copper stocks on the United States Comex exchange rose to 554,904 short tons, or 503,400 metric tons, as of January 20. The Comex copper price is on the decline, with its arbitrage against the LME copper fading. The LME copper stock has been rising in the US warehouse system in New Orleans. LME copper has flipped above Comex, sending the metal back to LME warehouses and lifting stocks, and the market is easing from tight to more balanced conditions, reducing the urgency behind the rally, analysts at Sucden Financials said in a note. Copper was still supported by supply concerns due to mine disruptions and tariff-driven inflows to the US, but demand amid high prices has been in question. US President Donald Trump, meanwhile, said on Wednesday that he would back down from Greenland-related tariffs on European allies, a de-escalation that pulled back gold from record peak and sent US equities higher. Elsewhere, among SHFE base metals, aluminium was up 0.59%, zinc rose 0.85%, lead gained 0.38%, nickel climbed 1.15% and tin went up 1.69%. Among other LME metals, aluminium added 0.30%, zinc gained 0.61%, lead rose 0.35%, nickel ticked 0.05% higher and tin drifted 0.81% lower. [...]

US dollar buoyed by Trump’s Greenland about-face; Aussie jumps after jobs data
January 22, 2026 8:45
US dollar buoyed by Trump’s Greenland about-face; Aussie jumps after jobs data

TOKYO: The US dollar held on to overnight gains against major peers on Thursday after President Donald Trump withdrew a threat to impose tariffs on a number of European NATO nations, trumpeting the framework of a deal with NATO over control of Greenland. That put the safe-harbour Swiss franc on the back foot, retreating sharply from a three-week high, while gold sank from an all-time peak. The Australian dollar was buoyed to a 15-month high both by improvement in risk sentiment and by data showing an unexpected decline in the jobless rate. The yen remained under pressure, hovering close to a record low versus the euro, after Japanese Prime Minister this week called a snap election and pledged measures to loosen fiscal policy. The U.S. dollar held steady at $1.1685 per euro on Thursday, following a 0.3% rebound in the prior session. It was flat at 0.7953 Swiss franc after leaping 0.7% overnight. Trump’s threat to levy tariffs on allied nations opposed to his ambition to control Greenland spooked markets and triggered a broad selloff of U.S. assets, but his comment in Davos on Wednesday that he had ruled out military action offered relief. Trump vowed on Saturday to impose tariffs from February 1 on European Union members Denmark, Sweden, France, Germany, the Netherlands and Finland, along with Britain and Norway, until they abandoned their opposition to the U.S. gaining control of Greenland - a comment that major EU states decried as blackmail. The U.S. president said he has reached a framework for a deal with NATO over Greenland but did not offer any details in a post to his Truth Social platform about what that would entail. As a result, though, he said he would not impose tariffs. “Traders have been quick to react to some punchy reversals in markets, cutting back on recently entered bearish risk positioning and long volatility hedges, part covering USD shorts, and running a more balanced exposure in gold and silver,” Chris Weston, head of research at Pepperstone, wrote in a client note. “Between Trump’s speech in Davos and his posts on social media, the market has largely removed the tail risk of a U.S. confrontation with its NATO partners.” The risk-sensitive Aussie rose 0.4% to $0.6791, a level not seen since October 2024. It also hit the highest since July 2024 at 107.52 yen . Australian data for December showed a drop in the jobless rate to a seven-month low amid a surge in employment that was more than double what economists predicted. That could prove crucial in determining the Reserve Bank of Australia’s course of action when it decides policy on February 3, analysts said. “Today’s red-hot jobs report has dramatically increased the chances of an RBA rate hike,” IG analyst Tony Sycamore said in a note. “While monthly labour force data can be volatile and subject to noise, the December report aligns with the RBA’s assessment that labour market conditions remain tight.” The yen was steady against most major peers in Asian trading on Thursday, but at 184.83 a euro , it did not stray far from the record low of 185.56 touched last week. The Japanese currency changed hands at 158.31 a U.S. dollar , near last week’s 18-month trough of 159.45. [...]

Societe Generale to cut 1,800 jobs in France
January 22, 2026 8:34
Societe Generale to cut 1,800 jobs in France

Societe Generale said on Thursday it would cut 1,800 positions in its French retail banking branch and potentially beyond. The announcement follows a press statement published by labour union CGT on Wednesday, which said the lender was planning a reorganisation of its around 40,000 strong workforce in France. The job cuts are expected to happen throughout 2026 and 2027, Societe Generale said in a press release. “These initiatives are accompanied by a proposed organizational evolution in France, which concerns several activities and central functions at headquarters, as well as the regional organization of Retail Banking,” the bank said. To meet the target, Societe Generale will leverage natural attrition and invest in internal moves and developing employees’ skills, it added. [...]

South Korea’s KOSPI stock benchmark tops 5,000 on AI boom, market reforms
January 22, 2026 8:32
South Korea’s KOSPI stock benchmark tops 5,000 on AI boom, market reforms

SEOUL: South Korean shares topped 5,000 points for the first time on Thursday, powered by chip firms and automakers on artificial intelligence optimism, reaching a level promised by President Lee Jae Myung in just over seven months since he took office. The benchmark KOSPI rose as much as 2.2% to an all-tiem high of 5,019.54 in morning trade, before it closed the session up 0.9% at 4,952.53. The index has risen 18% so far this month, after emerging as the world’s best performer in 2025 with a 76% jump - its biggest annual gain since 1999 - on a chip rally fuelled by surging demand for AI investments and capital market reforms. The breach of the 5,000 mark also follows US President Donald Trump backing away from his threat to slap new tariffs on European nations, easing market volatility and extending a rally in Korea’s world-beating index. Shares of chipmaker Samsung Electronics closed 1.9% higher, after rising as much as 5% on Thursday to a record high, while peer SK Hynix gained 2%. The two chipmakers account for a combined 35% of the benchmark index by market capitalisation. Hyundai Motor has also been rallying this month to become the country’s third-most valuable company, as investors cheered its newly unveiled humanoid robot technologies. The automaker surged as much as 7.5% on Thursday to a record level, before closing down 3.6% on profit-taking pressure. Foreigners have purchased 1.2 trillion won ($816.69 million) of local shares so far this month, while institutional investors have purchased 1.7 trillion won. Non-financial firms also bought 1.5 trillion won, which mostly account for share repurchases by listed companies. Investors’ focus is now on if there will be a further climb beyond the crucial 5,000 mark or a shift to correction, analysts said. “The bullish market trend this time is a fundamentals-driven one based on earnings growth, which makes the KOSPI still cheap,” said Kim Jae-seung, an analyst at Hyundai Motor Securities. Kiwoom Securities analyst Han Ji-young, however, said the pace could slow going forward, adding: “We also need to think about the fact that this year’s rally has been led by certain sectors such as semiconductors, automobiles, shipbuilding and defence.”   Tackling “Korea discount” President Lee said on Wednesday the domestic stock market was “still undervalued”, adding that the boom in AI and semiconductors was at an unpredictable scale. Under his “KOSPI 5,000” initiative, Lee has introduced a series of market reforms and tax measures aimed at boosting the domestic stock market and resolving the so-called “Korea Discount”, since he took office in June 2025. The Korea Discount refers to a tendency for domestic stocks to trade at lower valuations compared with global peers, due to factors such as opaque corporate governance structures and low dividend payouts. “The KOSPI at 5,000 is not the destination but a new starting line,” a spokesperson for the ruling Democratic Party said, vowing to keep pushing to improve market fairness and credibility. The Lee administration and his Democratic Party last year revised the Commercial Act to better protect shareholder interests and plans to make share repurchases and cancellations a requirement for listed companies to boost shareholder value. The government also aims to win developed-market status for the domestic stock market from global index provider Morgan Stanley Capital International (MSCI), with further loosening of foreign exchange restrictions planned for this year to improve foreign access. [...]

Raqami Bank to launch in Pakistan with $100m investment plan: report
January 22, 2026 4:21
Raqami Bank to launch in Pakistan with $100m investment plan: report

Pakistani financial firm Raqami Islamic Digital Bank (RIDB) plans to invest $100 million over the next five years as it prepares to start commercial operations in February, becoming the country’s first fully Shariah-compliant digital retail bank, Bloomberg reported. The Karachi-based lender, backed by the Kuwait Investment Authority, has completed its pilot phase and aims to attract at least one million customers within three years, focusing on small- and medium-sized enterprises, freelancers, and underserved segments. CEO Umair Aijaz said the bank is “excited to explore the digital banking opportunity in Pakistan, particularly in the SME space, which has seen strong traction globally.” READ MORE: RIDB, Euronet Pakistan to launch first ‘Islamic Digital Bank’ Raqami has already invested around 8 billion rupees ($28.6 million) to reach the launch phase and plans to channel most of the remaining $100 million into technology, human resources, and information security. The bank is targeting break-even within four years. RIDB recently entered a partnership with Euronet Pakistan Pvt Ltd to strengthen its digital payment infrastructure, including services such as payment switch, card management, credit cards, POS/e-commerce acquiring, ATM controller, and fraud management solutions. Aijaz said the partnership will help create an integrated, scalable, and cloud-ready digital banking platform, improving operational efficiency and customer experience. READ MORE: Raqami sets up Shariah Board as SBP grants NOC The bank has also established a five-member Shariah Board, chaired by Dr Mufti Muhammad Imran Ashraf Usmani, to ensure all operations and transactions comply with Islamic principles. Board members emphasized that RIDB would play a crucial role in promoting Shariah-compliant financial services and contributing to Pakistan’s inclusive economic development. Raqami’s launch comes amid a growing digital banking ecosystem in Pakistan. The State Bank of Pakistan (SBP) has granted No-Objection Certificates (NOCs) to five aspirants for digital banking licenses, including Easy Paisa, Hugo Bank, KT Bank, Mashreq Bank UAE, and Raqami. The SBP’s licensing framework, introduced in January 2022, aims to provide full-service banking digitally, without the need for physical branches. READ MORE: SBP issues NOCs to five applicants for establishing digital bank In addition to its Islamic banking credentials, RIDB is part of a broader government push to digitize financial services. Nadeem Hussain, RIDB Coach, highlighted that digital transactions now account for around 80% of total retail banking transactions, reflecting Pakistan’s rapidly evolving digital payments landscape. Chairman Abdullah Al-Mutairi said Pakistan represents a key market for Islamic finance, with a population of 240 million and an Islamic banking industry exceeding Rs 8 trillion as of June 2023, accounting for nearly 20% of the country’s financial sector. RIDB plans to serve diverse segments, including SMEs, the agriculture sector, blue-collar workers, women, youth, and freelancers, aiming to combine digital innovation with Shariah-compliant financial solutions. The bank’s operations are expected to complement ongoing reforms and support financial inclusion, offering tailored Islamic banking solutions to a broad customer base while strengthening Pakistan’s digital financial ecosystem. [...]

SBP-held foreign exchange reserves rise to $16.09 billion
January 22, 2026 4:02
SBP-held foreign exchange reserves rise to $16.09 billion

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $16 million on a weekly basis, reaching $16.09 billion as of January 16, 2026, data released on Thursday showed. Total liquid foreign reserves of the country stood at $21.26 billion, while net foreign reserves held by commercial banks were recorded at $5.17 billion. “During the week ended on 16-Jan-2026, SBP’s FX reserves increased by US$16 million to US$16,087.7 million,” the central bank said in its statement. READ MORE: SBP-held foreign exchange reserves rise to $16.056 billion According to the data, foreign reserves held by the SBP amounted to $16.07 billion, while commercial banks held net foreign reserves of $5.18 billion. In the previous week, the central bank’s foreign exchange reserves had also posted a modest increase. [...]

DAVOS 26: Pakistan to enter Chinese market with green Panda bond by month-end, says Aurangzeb
January 22, 2026 3:51
DAVOS 26: Pakistan to enter Chinese market with green Panda bond by month-end, says Aurangzeb

Pakistan is set to enter the Chinese capital market for the first time with the issuance of a Panda bond, structured as a green bond, by the end of this month, reflecting the country’s commitment to sustainable and climate-resilient financing, Federal Minister for Finance Muhammad Aurangzeb said on the sidelines of the World Economic Forum (WEF) in Davos. “For the first time, we are going to do an inaugural Panda bond by the end of this month, and it’s all in the context of sustainable finance. As a country, we are one of the most vulnerable climate financing countries. “So this is going to be a green bond which is going to help us,” he said, while speaking at a high-level panel discussion on “How Can We Unlock New Sources of Growth? – Weight of Global Debt” held on the sidelines of the WEF. Pakistan targets $250 million for inaugural Panda bond, launch expected in January A Panda bond is a Renminbi (RMB)-denominated bond issued by a non-Chinese entity, like a foreign company or government, within mainland China’s domestic market, offering them access to China’s investor base and supporting RMB internationalisation. Aurangzeb underscored the importance of fiscal discipline, productive use of debt and export-led growth as key pathways to unlocking new sources of economic growth, while Presenting an emerging markets perspective, the finance minister emphasised that debt, in itself, is not inherently negative, provided it is deployed productively. He noted that for countries like Pakistan, debt must be directed toward investments that generate exportable surplus rather than consumption, enabling sustainable repayment and long-term growth. He highlighted that emerging economies do not have the privilege of reserve currencies and therefore must ensure market efficiency, prudent borrowing and careful management of foreign exchange risks. The minister stressed that unsustainable debt trajectories are fundamentally a consequence of weak fiscal discipline. He shared that Pakistan has made significant progress by reducing its debt-to-GDP ratio from 75% to 70%, achieving a primary surplus and restoring fiscal balance through responsible economic management. He added that inflation in Pakistan has declined sharply from a peak of 38% to single digits, while the policy rate has been reduced from over 22% to 10.5%, placing the country on the ‘right side’ of the interest rate cycle. Addressing the issue of climate change, the minister stated that for Pakistan and other vulnerable emerging economies, climate risks are real, recurring and economically disruptive. He noted that building fiscal buffers has enabled Pakistan to respond to recent floods through domestic resources rather than international emergency appeals, underscoring the importance of fiscal resilience in the face of exogenous shocks. He further highlighted the role of public-private partnerships and capital markets in financing adaptation and development projects, citing the successful closure of Pakistan’s largest-ever syndicated financing of approximately $3.6 billion for a major copper mining project. The project, he noted, is expected to generate around $2.8 billion in exports annually from 2028, significantly strengthening Pakistan’s export base and supporting global energy transition needs. Responding to a question from the audience on technology funding and the new economy, Aurangzeb emphasised Pakistan’s strong potential in IT, freelancing and digital services, noting recent growth in IT exports and ongoing investments in skills development, blockchain and emerging technologies. He reiterated that access to funding is not the core challenge; rather, capacity building, prioritisation and effective execution are critical to translating opportunities into sustainable growth. [...]

Pak-Qatar General Takaful IPO oversubscribed by record 21 times
January 22, 2026 3:46
Pak-Qatar General Takaful IPO oversubscribed by record 21 times

The Pak-Qatar General Takaful Limited (PKGTL) – the country’s first initial public offering (IPO) of the year 2026 – created history by recording “the highest oversubscription” of 21 times in the rupee term at the Pakistan Stock Exchange (PSX) on Thursday. The general Takaful firm received bids from investors worth totaling at Rs4.74 billion in the two-day Dutch bidding (book building) process on Wednesday and Thursday, recording the highest oversubscription of 21 times in the history of the PSX, said Shahid Ali Habib, CEO, Arif Habib Limited – the lead manager of the IPO on the social platform X. The development “reflected exceptional investor confidence and strong market appetite,” he added. The company had targeted to raise a minimum financing of Rs225 million through selling 22.5 million shares at the bid opening (minimum/floor) share price of Rs10 at the book building process. Read more: Debut IPO of 2026: Pak-Qatar General Takaful share price hit upper limit of Rs14 In comparison to that, the company received total bids worth Rs4.74 billion from institutional and high-net worth individual investors during the two days, getting oversubscribed by 21 times in the rupee term. Moreover, the company share price soared 40% to the maximum allowed upper limit of Rs14 during the bidding from the floor price of Rs10. Accordingly, the company managed to raise a total of Rs420 million through selling 30 million shares to investors including retail ones. The breakup of the data suggests the PQGTL successfully sold 75% (or 22.50 million shares out of the total 30 million shares) at the strike price – Rs14 per share – to institutional and high-net worth individual investors through the two-day book building process. Later this month, it will offer the remaining 25% (or 7.2 million) shares at the same strike price to retail investors at the PSX. In volumetric terms, the issue to the institutional and high-net worth investors was oversubscribed by slightly over 15 times, attracting bids for 338.85 million shares compared to 22.50 million shares offered to the rich investors, according to the results visible at the PQGTL’s bid screen at the PSX. The prospectus of the IPO reads, “the principal purpose of the issue is to enable PQGTL to strengthen and consolidate its position in Pakistan’s Takaful industry. The company aims to reinforce its capital base, improve solvency margins, and expand its digital distribution network while continuing to develop innovative, customer-centric, and cost-effective Takaful products”. PQGTL currently maintains an issued and subscribed paid-up capital of Rs711.071 million. The proceeds raised through the public offering will increase the company’s paid-up capital to Rs1.011 billion, according to the prospectus, enabling PQGTL to meet progressive regulatory milestones for non-life insurers and Takaful operators as outlined by the Securities and Exchange Commission of Pakistan (SECP). [...]

‘Battlefield 6’ tops 2025 US game revenue charts
January 22, 2026 3:10
‘Battlefield 6’ tops 2025 US game revenue charts

PARIS: “Battlefield 6”, the latest instalment in a long-runnning shooter franchise, snagged the top spot for most lucrative game on the American market in 2025, specialist data firm Circana said Thursday. The whole US market for games grew 1.4 percent year-on-year to $60.6 billion, according to the figures. That included seven million sales within the first three days gamers could get their hands on “Battlefield 6”, developed by a string of studios around the world including Sweden’s Dice – the original creators of the series. Their latest game drops players onto the front lines of a modern war pitting American forces against a private military company supported by former NATO members. But away from the story, the franchise’s true draw has always been multiplayer battles in which dozens of human players face off across huge landscapes with small arms, tanks, jets and helicopters. The 2025 figures mark a first-ever top place and mission accomplished for “Battlefield 6”, which aimed to dethrone its main competitor “Call of Duty”. Where “Call of Duty: Black Ops 6” topped the American revenue chart in 2024, its sequel reached only fifth place – failing to win over the huge fan base of the Activision series bought by Microsoft in 2023. “Battlefield” publisher Electronic Arts was itself bought in late 2024 by a consortium including the Saudi sovereign wealth fund PIF and US investment firms Silver Lake and Affinity Partners. Also in 2025’s top three were basketball game “NBA 2K26” and shooter “Borderlands 4”, both from American giant Take-Two Interactive. Sales of games and online content increased one percent year-on-year, with a 20-percent boost for online services. Meanwhile, console hardware sales were juiced nine percent by the release of Nintendo’s latest Switch 2. Circana said the device’s 4.4 million sales in the US made it the country’s fastest-selling console ever. Mobile gaming raked in almost $26 billion on the US market, roughly stable year-on-year, according to analyst firm Sensor Tower. Circana’s rankings are based on sales of full physical copies of games as well as digital versions from Nintendo, PlayStation, Xbox and PC storefronts offered by various publishers and studios. [...]

Rupee registers improvment against US dollar
January 22, 2026 2:37
Rupee registers improvment against US dollar

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pointRadius: 3 }] }, options: { responsive: true, plugins: { legend: { display: false } }, scales: { x: { title: { display: true, text: 'Date' } }, y: { title: { display: true, text: 'Closing Rate' } } } } }); The Pakistani rupee registered marginal gain, appreciating 0.01% against the US dollar in the inter-bank market on Thursday. At close, the local currency settled at 279.87, a gain of Re0.03 against the greenback. On Wednesday, the local unit closed at 279.90. Globally, the US dollar held on to overnight gains against major peers on Thursday after President Donald Trump withdrew a threat to impose tariffs on a number of European NATO nations, trumpeting the framework of a deal with NATO over control of Greenland. That put the safe-harbour Swiss franc on the back foot, retreating sharply from a three-week high, while gold sank from an all-time peak. The Australian dollar was buoyed to a 15-month high both by an improvement in risk sentiment and by data showing an unexpected decline in the jobless rate. The yen remained under pressure, hovering close to a record low versus the euro, after Japanese Prime Minister this week called a snap election and pledged measures to loosen fiscal policy. The US dollar held steady at $1.1685 per euro on Thursday, following a 0.3% rebound in the prior session. It was flat at 0.7953 Swiss franc after leaping 0.7% overnight. Trump’s threat to levy tariffs on allied nations opposed to his ambition to control Greenland spooked markets and triggered a broad selloff of US assets, but his comment in Davos on Wednesday that he had ruled out military action offered relief. Oil prices, a key indicator of currency parity, fell on Thursday, reversing the previous sessions’ gains, after US President Donald Trump softened threats against Greenland and Iran, and as investors assessed the supply and demand outlook. Brent crude was down $1.25 cents, or 1.92%, at $63.99 a barrel at 1301 GMT. West Texas Intermediate for March declined $1.24 cents, or 2.05%, to $59.38 a barrel. Inter-bank market rates for dollar on Thursday BID Rs 279.87 OFFER Rs 280.07 Open-market movement In the open market, the PKR remained unchanged for buying and gained 17 paise for selling against USD, closing at 280.37 and 281.01, respectively. Against Euro, the PKR gained 57 paise for buying and 64 paise for selling, closing at 327.63 and 330.66, respectively. Against UAE Dirham, the PKR remained unchanged for buying and gained 1 paisa for selling, closing at 76.53 and 77.30, respectively. Against Saudi Riyal, the PKR gained 1 paisa for buying and 4 paise for selling, closing at 74.83 and 75.42, respectively. Open-market rates for dollar on Thursday BID Rs 280.37 OFFER Rs 281.01 [...]

Finance minister discusses health, tax digitisation with Bill Gates in Davos
January 22, 2026 2:34
Finance minister discusses health, tax digitisation with Bill Gates in Davos

Finance Minister Muhammad Aurangzeb on Thursday met Microsoft co-founder and philanthropist Bill Gates on the sidelines of the World Economic Forum Annual Meeting, where the two discussed Pakistan’s reform agenda, public health priorities, and continued cooperation with the Gates Foundation. According to the Finance Division, the meeting focused on Pakistan’s ongoing institutional reforms, polio eradication efforts, and opportunities to strengthen collaboration in support of sustainable development and capacity building. The finance minister acknowledged the Gates Foundation’s longstanding engagement in Pakistan, particularly its role in polio eradication, and appreciated its continued support in addressing public health challenges and improving service delivery. READ MORE: Finance minister, Visa president discuss innovation in payments sector Gates briefed the finance minister on the Foundation’s current and future engagement in Pakistan and stressed the need for sustained efforts to eliminate polio. Both sides discussed closer coordination with provincial governments and other stakeholders to ensure effective implementation of health initiatives, especially in high-risk areas. The meeting also touched upon the digitisation of Pakistan’s taxation system. Aurangzeb thanked Gates for the Foundation’s recent communication supporting tax digitisation, describing it as a key pillar of the government’s broader reform agenda. He said strengthening domestic resource mobilisation through transparency and digital tools remained a top priority and was being closely monitored at the highest level. READ MORE: Gates and OpenAI team up for AI health push in African countries Gates highlighted the importance of efficient tax systems in achieving long-term economic self-reliance, noting that digital solutions could significantly improve tax collection, governance, and service delivery. Aurangzeb said improved fiscal resilience had enhanced Pakistan’s ability to respond to economic and climate-related challenges, underlining the importance of sustained reforms aimed at long-term stability. The two sides also discussed prospects for expanding cooperation in the health sector, including local vaccine production and strengthening supply chains. They agreed to continue engagement with relevant ministries and partners to explore practical and sustainable options. Both Aurangzeb and Gates reaffirmed their commitment to continued collaboration, agreeing that closer cooperation would support Pakistan’s reform efforts and contribute to long-term socioeconomic development. [...]

Buying returns to bourse, KSE-100 up over 650 points
January 22, 2026 2:21
Buying returns to bourse, KSE-100 up over 650 points

After a day of selling pressure, buying interest returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index closing with a gain of over 650 points on Thursday. Trading began with heavy selling pressure, pushing the index quickly to the intra-day low of 186,825.61 shortly after the opening. This was followed by a strong recovery, lifting the index back above the previous close and into positive territory. For most of the trading session, trading remained largely range-bound, pushing the index to an intra-day high of 188,106.82. At close, the KSE-100 Index settled at 187,688.16, an increase of 654.90 points or 0.35%. Key index heavyweights, including ENGROH, HUBC, EFERT, ATRL, and AICL, added a combined 606 points to the benchmark. These gains were partially offset by losses in UBL, HBL, and BOP, which together erased 174 points, brokerage house Topline Securities said in its post-market report. “Going forward, another session of consolidation around 187k level cannot be ruled out,” Ali Najib, Deputy Head of Trading, Arif Habib Ltd said in a commentary. In a key development, foreign assistance to Pakistan in the first half of 2025-26 reached $4.51 billion, registering an increase of 20% compared to the corresponding period of last year. According to data released by the Economic Affairs Division, the total bilateral loans and grants stood at $1.07 billion for the period from July to December 2025 -26, whereas multilateral grants and loans amounted to $1.97 billion during the same period. On Wednesday, the PSX experienced a sharp reversal as widespread profit booking and heavy selling in index heavyweights pushed the market deep into negative territory, erasing the previous session’s gains. The KSE-100 plunged 1,588.52 points, or 0.84%, to close at 187,033.27 points. Internationally, the US dollar was higher, gold softer and stocks on the rebound on Thursday after US President Donald Trump dropped tariff threats and ruled out seizing Greenland from an ally by force. Wall Street indexes jagged higher on those words, and the S&P 500 closed overnight, notching a 1.16% rise, its largest in two months, and European futures rose 1.3% in the Asian morning. A bouncing dollar has pushed the euro back under $1.17, to $1.1676, and gold has dropped about $100 an ounce to $4,790 from a record high of $4,887. Equity benchmarks in Australia and Japan rose around 1%, and in Seoul, the Kospi crossed 5,000 points for the first time. Trump said after meeting with NATO Secretary General Mark Rutte that Western Arctic allies could forge a new deal over Greenland that would satisfy his desire for a missile defence system and access to critical minerals. But there were no details. The VIX index, nicknamed Wall Street’s fear gauge, sharply fell back towards baseline levels and U.S. Treasuries, which had been sold through the week, caught a bid. Asian shares extend selloff, global bond rout stokes fresh anxiety. Benchmark 10-year Treasury yields were down one basis point in Tokyo trade to 4.24%, after falling four bps in New York. Japanese government bonds started the day steady after a wild week where election spending promises triggered a historic rout in long-dated paper. Meanwhile, the Pakistani rupee registered marginal gain, appreciating 0.01% against the US dollar in the inter-bank market on Thursday. At close, the local currency settled at 279.87, a gain of Re0.03 against the greenback. Volume on the all-share index decreased to 1,069.31 million from 1,325.60 million recorded in the previous close. The value of shares declined to Rs49.15 billion from Rs69.58 billion in the previous session. K-Electric Ltd was the volume leader with 195.89 million shares, followed by Hascol Petrol with 131.51 million shares, and Bank Makramah with 57.61 million shares. Shares of 486 companies were traded on Thursday, of which 238 registered an increase, 201 recorded a fall, and 47 remained unchanged. [...]

Pakistani fintech Neem secures Pre-Series A funding from Epic Angels, global investors
January 22, 2026 1:40
Pakistani fintech Neem secures Pre-Series A funding from Epic Angels, global investors

Epic Angels, the world’s largest all-female investment collective, has announced its participation in the Pre-Series A funding round of Neem, a Pakistani fintech, in a move aimed at accelerating the growth of the country’s full-stack payments infrastructure platform. Joining the Pre-Series A investment round alongside Epic Angels are DNI Group, Hi2 Global, AKD, supported by existing seed investors including SparkLabs Ventures, Outrun Ventures, Arif Habib, and MyAsiaVC, as well as strategic angels from Stripe, PayNet, Aspire, and other global fintech and payments leaders, according to a company statement. Neem, however, did not disclosed the amount raised. Talking to Business Recorder, Neem’s co-founder, Vladimira Briestenska, said that Epic Angels invested in the fintech as it is building foundational financial infrastructure in a large, under-digitised market at exactly the right moment. “Neem stood out for its full-stack platform, combining collections, disbursements, and branded wallets and ledger system, and its early enterprise traction across logistics, insurance, and e-commerce. “Beyond the market opportunity, Epic Angels had strong conviction in Neem’s experienced founding team, including the leadership of a strong woman founder, and the team’s ability to execute at scale,” she said. Founded by Vladimira Briestenska, Nadeem Shaikh, and Naeem Zamindar, Neem commercially went to market in January 2025. The platform has scaled rapidly, growing transaction volumes by over 30% month-on-month, and currently supports 50+ B2B businesses across logistics, insurance, healthcare, e-commerce, and agriculture. According to the company, Pakistan’s payments ecosystem remains highly fragmented, with businesses often relying on multiple payment providers to collect revenue, pay vendors, and manage payroll. This results in operational inefficiencies, manual reconciliation, and limited real-time financial visibility for enterprises and SMEs across key sectors of the economy. “Neem is addressing these challenges by building a full-stack payments platform that enables collections, disbursements, and branded wallets through a single API, similar to how modern payments infrastructure platforms operate in more developed markets,” the company said. Briestenska noted that Neem’s growth strategy is focused on winning large enterprises by offering an integrated infrastructure layer rather than isolated payment use cases. “While many players in Pakistan focus on isolated use cases, such as collections only or consumer wallets, Neem is differentiated as a full-stack payment infrastructure provider that unifies collections, disbursements, and branded enterprise wallet and ledger systems. “This approach resonates strongly with large businesses that currently juggle multiple providers to manage revenue, payouts to multiple stakeholders, payroll, and reconciliation. By integrating deeply into enterprise workflows and offering a single, compliant infrastructure layer, Neem reduces operational complexity and becomes increasingly embedded and difficult to replace.” She added that this enterprise-led strategy allows Neem to consolidate its share in a fragmented market and scale organically through expansion within existing client ecosystems. On geographic expansion, Briestenska said Neem remains firmly focused on Pakistan as its core growth engine. “At the same time, Neem is selectively exploring adjacent, use-case-driven expansion, particularly in areas such as cross-border remittance rails that naturally extend from its existing platform and enterprise relationships. “The strategy is to build depth locally first, while laying the groundwork for scalable, cross-border flows where there is clear regulatory alignment and commercial demand.” The funds raised will be used to scale Neem’s technology infrastructure, strengthen cybersecurity and data protection, expand enterprise partnerships, and accelerate onboarding across key sectors, including logistics, insurance, healthcare, e-commerce, and agriculture. Explaining Epic Angels’ investment motive, Maaike Doyer, Founding and Managing Partner at Epic Angels, said global payments giants remain concentrated in developed markets, leaving substantial room in emerging economies. “Big players like Stripe and Adyen collectively hold less than 10% of the global payments market and are focused on established markets, leaving a massive opportunity for local platforms like Neem.” “With large enterprises across logistics, insurance, and agriculture already signed, Neem is well-positioned to become the financial operating system powering Pakistan’s digital economy.” Epic Angels support early-stage, female-led startups in APAC (Asia-Pacific) and LATAM (Latin America) with capital, mentoring and a global network. The network counts over 800 female angel investors and has made 44 investments to date across industries. [...]

Asia rice: Indian rates edge lower amid rupee depreciation, subtle demand
January 22, 2026 1:38
Asia rice: Indian rates edge lower amid rupee depreciation, subtle demand

Prices of rice exported from India edged lower this week due to currency depreciation and muted demand, while Vietnamese rates remained steady amid demand uncertainty. India’s 5% broken parboiled variety was quoted this week at $351-$356 per ton, down from last week’s $353-$358 range. Indian 5% broken white rice was priced at $348 to $353 per ton this week. “The falling rupee is putting downward pressure on prices, but buyers remain reluctant to place large orders,” said a Kolkata-based exporter. Global rice prices are expected to remain under pressure in 2026, as major producers, including India, Thailand and Vietnam, compete to ship surplus supplies, prompting buyers to delay purchases, trade and industry officials said earlier this month. Vietnam’s 5% broken rice was offered at $360-$365 per metric ton, unchanged from a week ago, according to traders. “Trading activity is picking up, but we are not certain if demand remains steady for the rest of the year,” a Ho Chi Minh City-based trader said. Government customs data showed Vietnam’s rice shipments in the first half of January rose 64% from a year earlier to 318,212 tons. State media on Wednesday cited the agriculture ministry as saying that Vietnam will allocate 7.73 million tons of rice for exports this year. Thailand’s 5% broken rice was quoted at $380 per tonne versus $370-$375 quoted last week. The price is considered low after India announced lower prices than Thailand, said a Bangkok-based trader. India’s cheaper offers could cap Thai export rates. Buyers from the Philippines were still buying just what was needed and the market was quiet, the trader said. Supply should be robust because every country should have good production, the trader added. Elsewhere, Bangladesh has allowed private traders to import 200,000 metric tons of parboiled rice to prevent any price shocks, alongside government-level rice procurement. [...]

Major Gulf markets track global shares higher
January 22, 2026 1:32
Major Gulf markets track global shares higher

Most stock markets in the Gulf closed higher on Thursday, in line with global shares, after U.S. President Donald Trump backed away from imposing tariffs on eight European countries, lifting global investor sentiment. Trump’s tariff threats, floated as leverage to seize Greenland, had fueled tensions and kept markets jittery this week, leading investors to treat the latest turn of events with some caution even as a sense of relief was evident. The pan-European STOXX index up over 1% in early trading after Wednesday’s initial reaction spurred Wall Street’s best day in two months. Saudi Arabia’s benchmark index advanced 1.7%, with Al Rajhi Bank rising 3.1% and the country’s biggest lender by assets Saudi National Bank up 2.4%. Oil giant Saudi Aramco concluded 1% higher. The kingdom’s crude oil exports hit their highest level in more than two-and-a-half years in November, data from the Joint Organizations Data Initiative showed on Wednesday. The improved external environment allowed the market to pivot its focus to the fourth-quarter earnings season, keeping optimism high and maintaining a dominant “risk-on” mood, said Joseph Dahrieh, managing director at Tickmill. Dubai’s main share index climbed 1.5%, with blue-chip developer Emaar Properties gaining 2.4%. In Abu Dhabi, the index was up 1%, buoyed by a 1.2% gain in Abu Dhabi Islamic Bank following a rise in fourth-quarter profit. According to Dahrieh, the Abu Dhabi market has the potential to continue higher, backed by solid fundamentals; oil price volatility remains a key risk factor to watch. The Qatari index rose 1.1%, led by a 3.1% rise in Qatar Islamic Bank . Outside the Gulf, Egypt’s blue-chip index finished 0.9% higher. Saudi Arabia advanced 1.7% to 11,134Abu Dhabi gained 1% to 10,305Dubai climbed 1.5% to 6,495Qatar rose 1.1% to 11,217Egypt was up 1% to 46,517Bahrain finished flat at 2,053Oman added 0.4% to 6,214Kuwait edged up 0.1% to 9,449 [...]

Indian airline IndiGo’s profit slumps 75% as mass cancellations lead to $63 million hit
January 22, 2026 12:17
Indian airline IndiGo’s profit slumps 75% as mass cancellations lead to $63 million hit

India’s largest airline IndiGo reported a 75% drop in quarterly profit on Thursday after taking a 5.77 billion rupee ($63 million) hit due to mass cancellations in December that led to one of the country’s worst aviation crises. IndiGo, which commands nearly two-thirds of the country’s aviation market, is facing a competition probe and increased regulatory scrutiny after it cancelled several thousand flights in early December due to poor roster planning, leaving scores of passengers stranded and throwing airports into chaos. India’s aviation regulator has fined the carrier, issued warnings to senior executives and directed the airline to remove the head of its operations control from his duties. InterGlobe Aviation, the airline’s operator, posted a profit of 6.13 billion rupees for the quarter ending December 31, down from 24.42 billion rupees a year before. IndiGo tells India regulator that operations will be stable after exemptions expire The carrier said it has taken a one-time hit of 14.67 billion rupees in the quarter, of which 5.77 billion rupees was the cost of disruptions and the rest was due to India’s newly-enacted labour codes. The airline, whose domestic capacity was curtailed by 10%, following the crisis, said quarterly revenue grew 6.2% to 234.72 billion rupees. It expects capacity measured in available seat kilometres for the lean fourth-quarter to rise 10%. Its overall costs in the third quarter climbed nearly 10%, with fuel expenses rising 8%. [...]

Sri Lankan benchmark ekes out gain as real estate, energy sectors rise
January 22, 2026 12:07
Sri Lankan benchmark ekes out gain as real estate, energy sectors rise

The Sri Lankan benchmark closed marginally higher on Thursday, as gains in real estate and energy stocks managed to offset losses in consumer discretionary stocks. The CSE All-Share index rose 0.03% to 23,813.77. ACME Printing and Packaging PLC and York Arcade Holdings PLC were the biggest boost to the CSE All-Share index, rising 24.41% and 24.24%, respectively. United Motors Lanka PLC was the top loser on the index, falling 89% Trading volume rose to 187.2 million shares from 180.3 million shares in the previous session. The equity market’s turnover fell to 8.32 billion Sri Lankan rupees ($26.9 million) compared with 9.82 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers of shares worth 307.3 million rupees, while domestic investors were net buyers of shares worth 8.16 billion rupees, data showed. [...]

US regulator seeks to bypass Indian government to serve Adani summons
January 22, 2026 12:05
US regulator seeks to bypass Indian government to serve Adani summons

NEW DELHI: The US Securities and Exchange Commission has asked a US court for permission to personally email summons to Indian billionaire Gautam Adani and group executive Sagar Adani over alleged fraud and a $265 million bribery scheme, filings show. India, the SEC said, has previously refused two requests to serve the summons. In the most high-profile legal case in the U.S. involving an Indian conglomerate, the SEC has been trying to send summons to Adani group founder Gautam Adani and his nephew Sagar since last year. Adani group has called the allegations “baseless” and said that it would seek “all possible legal recourse” to defend itself. It did not immediately respond to Reuters’ request for comment on the latest SEC filing, dated January 21. In the response to the New York court, the U.S. markets regulator said it “does not expect service to be completed” through the current route and should be allowed to directly email the summons to the Adani group executives. India’s law ministry also did not immediately respond to a Reuters’ request seeking comment on the latest filing. It has previously described the issue as a legal issue between private firms and the United States. India’s SBI MF to take at least 10% of Adani Group’s biggest Indian rupee bond issue, bankers say Alleged scheme to bribe Indian officials The indictment, which was unsealed in November 2024, accused Adani group executives of being part of a scheme to pay bribes to Indian officials for buying electricity produced by Adani Green Energy, a unit of the Adani group. The SEC complaint says the executives also misled U.S. investors by providing information about the company’s anti-graft practices. The two rejections by India to serve the summons, the SEC filing said, were based on procedural reasons, such as signature and seal requirements, none of which it said is needed in summons sent to individuals in another country under the international treaties of the Hague Convention. In its second rejection in December last year, the court filing added that India’s law ministry appeared to raise doubts about the SEC’s authority to request service of summons. “These responses demonstrate that further attempts through the Hague Convention are unlikely to succeed,” the SEC filing said. Ties between India and the U.S. have deteriorated over U.S. President Donald Trump’s imposition of tariffs. [...]

Apple asks Indian court to stop antitrust body from seeking its financials
January 22, 2026 11:54
Apple asks Indian court to stop antitrust body from seeking its financials

NEW DELHI: Apple has asked an Indian court to stop the country’s antitrust watchdog from seeking its global financial records as part of an investigation into its app store policies, while it challenges the underlying law’s validity, court papers show. Apple is locked in a high-stakes legal battle with the Competition Commission of India (CCI), whose investigation accused the company of abusing its position on its app store. Apple denies the allegations. Apple and the CCI did not respond to Reuters requests for comment. The U.S. tech giant has said it fears it could be fined up to $38 billion if the watchdog uses its global turnover calculation for penalties. It has challenged the 2024 penalty rules in an Indian court, and the matter is pending. India defends antitrust penalty law in Apple fight Still, the CCI pressed ahead and sought financials from Apple in a private order on December 31, and Apple has now asked a Delhi High Court judge to direct CCI to not act against the company at this stage, and put the entire investigation on hold, according to a January 15 Apple filing which is not public. Apple argues that being forced to comply now would defeat its main legal challenge against India’s penalty rules, which the CCI has defended as necessary to discourage breaches by multinationals. The Delhi High Court is scheduled to hear the matter on January 27. [...]

DAVOS 26: Staffing company Manpower sees global hiring stabilising after tough 2025
January 22, 2026 12:24
DAVOS 26: Staffing company Manpower sees global hiring stabilising after tough 2025

DAVOS: Manpower Group sees the global staffing market stabilising after a difficult 2025 and says improving economic conditions could set up the industry for growth in 2026, even as employers and workers remain cautious amid geopolitical and trade uncertainty. “With an improving economic outlook in Europe and a very strong economic outlook for the United States, there’s hope that the staffing industry as a whole can see some opportunities for growth in 2026,” CEO Jonas Prising told Reuters at the World Economic Forum in Davos, Switzerland. DAVOS 26: Trump launches Board of Peace that some fear rivals UN He declined to give a specific outlook for Manpower, with the U.S. staffing company due to report its fourth quarter earnings on January 29. [...]

Indian airline IndiGo’s profit slumps 75% as mass cancellations lead to $63 million hit
January 22, 2026 12:17
Indian airline IndiGo’s profit slumps 75% as mass cancellations lead to $63 million hit

India’s largest airline IndiGo reported a 75% drop in quarterly profit on Thursday after taking a 5.77 billion rupee ($63 million) hit due to mass cancellations in December that led to one of the country’s worst aviation crises. IndiGo, which commands nearly two-thirds of the country’s aviation market, is facing a competition probe and increased regulatory scrutiny after it cancelled several thousand flights in early December due to poor roster planning, leaving scores of passengers stranded and throwing airports into chaos. India’s aviation regulator has fined the carrier, issued warnings to senior executives and directed the airline to remove the head of its operations control from his duties. InterGlobe Aviation, the airline’s operator, posted a profit of 6.13 billion rupees for the quarter ending December 31, down from 24.42 billion rupees a year before. IndiGo tells India regulator that operations will be stable after exemptions expire The carrier said it has taken a one-time hit of 14.67 billion rupees in the quarter, of which 5.77 billion rupees was the cost of disruptions and the rest was due to India’s newly-enacted labour codes. The airline, whose domestic capacity was curtailed by 10%, following the crisis, said quarterly revenue grew 6.2% to 234.72 billion rupees. It expects capacity measured in available seat kilometres for the lean fourth-quarter to rise 10%. Its overall costs in the third quarter climbed nearly 10%, with fuel expenses rising 8%. [...]

DAVOS 26: Gaza’s Rafah crossing with Egypt to open next week, Palestinian official says
January 22, 2026 12:13
DAVOS 26: Gaza’s Rafah crossing with Egypt to open next week, Palestinian official says

DAVOS: Gaza’s border crossing with Egypt will reopen next week after largely being shut during the Israel-Hamas war, the Palestinian technocrat leader backed by Washington to administer the enclave announced on Thursday. Ali Shaath made the announcement by video link during an event in Davos hosted by President Donald Trump, who convened a group of leaders to formally launch a “Board of Peace” initially focused on cementing Gaza’s ceasefire. A key unfulfilled element of the ceasefire, brokered by Trump in October, has been the reopening of Gaza’s main gateway to the world to allow the entry and exit of Palestinians. Trump says he supports transitional Palestinian panel in Gaza “I am pleased to announce the Rafah crossing will open next week in both directions. For Palestinians in Gaza, Rafah is more than a gate. It is a lifeline and symbol of opportunity,” Shaath said. “Opening Rafah signals that Gaza is no longer closed to the future and to the war,” Shaath said. There was no immediate comment from Israel, which has controlled the Rafah crossing since 2024. The ceasefire deal left Israel in control of more than half of Gaza, including the area that abuts the border crossing. Hamas controls the remainder of the enclave. [...]

Sri Lankan benchmark ekes out gain as real estate, energy sectors rise
January 22, 2026 12:07
Sri Lankan benchmark ekes out gain as real estate, energy sectors rise

The Sri Lankan benchmark closed marginally higher on Thursday, as gains in real estate and energy stocks managed to offset losses in consumer discretionary stocks. The CSE All-Share index rose 0.03% to 23,813.77. ACME Printing and Packaging PLC and York Arcade Holdings PLC were the biggest boost to the CSE All-Share index, rising 24.41% and 24.24%, respectively. United Motors Lanka PLC was the top loser on the index, falling 89% Trading volume rose to 187.2 million shares from 180.3 million shares in the previous session. The equity market’s turnover fell to 8.32 billion Sri Lankan rupees ($26.9 million) compared with 9.82 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers of shares worth 307.3 million rupees, while domestic investors were net buyers of shares worth 8.16 billion rupees, data showed. [...]

US regulator seeks to bypass Indian government to serve Adani summons
January 22, 2026 12:05
US regulator seeks to bypass Indian government to serve Adani summons

NEW DELHI: The US Securities and Exchange Commission has asked a US court for permission to personally email summons to Indian billionaire Gautam Adani and group executive Sagar Adani over alleged fraud and a $265 million bribery scheme, filings show. India, the SEC said, has previously refused two requests to serve the summons. In the most high-profile legal case in the U.S. involving an Indian conglomerate, the SEC has been trying to send summons to Adani group founder Gautam Adani and his nephew Sagar since last year. Adani group has called the allegations “baseless” and said that it would seek “all possible legal recourse” to defend itself. It did not immediately respond to Reuters’ request for comment on the latest SEC filing, dated January 21. In the response to the New York court, the U.S. markets regulator said it “does not expect service to be completed” through the current route and should be allowed to directly email the summons to the Adani group executives. India’s law ministry also did not immediately respond to a Reuters’ request seeking comment on the latest filing. It has previously described the issue as a legal issue between private firms and the United States. India’s SBI MF to take at least 10% of Adani Group’s biggest Indian rupee bond issue, bankers say Alleged scheme to bribe Indian officials The indictment, which was unsealed in November 2024, accused Adani group executives of being part of a scheme to pay bribes to Indian officials for buying electricity produced by Adani Green Energy, a unit of the Adani group. The SEC complaint says the executives also misled U.S. investors by providing information about the company’s anti-graft practices. The two rejections by India to serve the summons, the SEC filing said, were based on procedural reasons, such as signature and seal requirements, none of which it said is needed in summons sent to individuals in another country under the international treaties of the Hague Convention. In its second rejection in December last year, the court filing added that India’s law ministry appeared to raise doubts about the SEC’s authority to request service of summons. “These responses demonstrate that further attempts through the Hague Convention are unlikely to succeed,” the SEC filing said. Ties between India and the U.S. have deteriorated over U.S. President Donald Trump’s imposition of tariffs. [...]

Bangladesh will not come to India for T20 World Cup: cricket board
January 22, 2026 12:01
Bangladesh will not come to India for T20 World Cup: cricket board

DHAKA: Bangladesh will not travel to India to play in next month’s T20 World Cup, its cricket board said Thursday, a day after the game’s governing body rejected the country’s plea to shift its games to Sri Lanka. ICC rejects Bangladesh’s plea to play T20 World Cup matches outside India “Our only demand is to play the World Cup – but not in India,” Bangladesh Cricket Board President Aminul Islam Bulbul told reporters, effectively ruling out their participation in the tournament. [...]

Apple asks Indian court to stop antitrust body from seeking its financials
January 22, 2026 11:54
Apple asks Indian court to stop antitrust body from seeking its financials

NEW DELHI: Apple has asked an Indian court to stop the country’s antitrust watchdog from seeking its global financial records as part of an investigation into its app store policies, while it challenges the underlying law’s validity, court papers show. Apple is locked in a high-stakes legal battle with the Competition Commission of India (CCI), whose investigation accused the company of abusing its position on its app store. Apple denies the allegations. Apple and the CCI did not respond to Reuters requests for comment. The U.S. tech giant has said it fears it could be fined up to $38 billion if the watchdog uses its global turnover calculation for penalties. It has challenged the 2024 penalty rules in an Indian court, and the matter is pending. India defends antitrust penalty law in Apple fight Still, the CCI pressed ahead and sought financials from Apple in a private order on December 31, and Apple has now asked a Delhi High Court judge to direct CCI to not act against the company at this stage, and put the entire investigation on hold, according to a January 15 Apple filing which is not public. Apple argues that being forced to comply now would defeat its main legal challenge against India’s penalty rules, which the CCI has defended as necessary to discourage breaches by multinationals. The Delhi High Court is scheduled to hear the matter on January 27. [...]

EU leaders to reassess US ties despite Trump U-turn on Greenland
January 22, 2026 11:49
EU leaders to reassess US ties despite Trump U-turn on Greenland

BRUSSELS: EU leaders will rethink their ties with the U.S. at an emergency summit on Thursday after Donald Trump’s threat of tariffs and even military action to acquire Greenland badly shook confidence in the transatlantic relationship, diplomats said. Trump abruptly stepped back on Wednesday from his threat of tariffs on eight European nations, ruled out using force to take Greenland, a semi-autonomous territory of NATO ally Denmark, and suggested a deal was in sight to end the dispute. German Chancellor Friedrich Merz, welcoming Trump’s U-turn on Greenland, urged Europeans not to be too quick to write off the transatlantic partnership. But EU governments remain wary of another change of mind by a mercurial president who is increasingly seen as a bully that Europe will have to stand up to, and they are focused on coming up with a longer-term plan on how to deal with the United States under this administration and possibly its successors too. “Trump crossed the Rubicon. He might do it again. There is no going back to what it was. And leaders will discuss it,” one EU diplomat said, adding that the bloc needed to move away from its heavy reliance on the U.S. in many areas. “We need to try to keep him (Trump) close while working on becoming more independent from the U.S. It is a process, probably a long one,” the diplomat said. Trump says he wants immediate negotiations to purchase Greenland EU reliance on US After decades of relying on the United States for defence within the NATO alliance, the EU lacks the needed intelligence, transport, missile defence and production capabilities to defend itself against a possible Russian attack. This gives the U.S. substantial leverage. The U.S. is also Europe’s biggest trading partner, making the EU vulnerable to Trump’s policies of imposing tariffs to reduce Washington’s trade deficit in goods, and, as in the case of Greenland, to achieve other goals. “We need to discuss where the red lines are, how we deal with this bully across the Atlantic, where our strengths are,” a second EU diplomat said. “Trump says no tariffs today, but does that mean also no tariffs tomorrow, or will he again quickly change his mind? We need to discuss what to do then,” the second diplomat said. The EU had been considering a package of retaliatory tariffs on 93 billion euros ($108.74 billion) on U.S. imports or anti-coercive measures if Trump had gone ahead with his own tariffs, while knowing such a step would harm Europe’s economy as well as the United States. Trump says US will not use force to acquire Greenland What’s the Greenland deal? Several diplomats noted there were still few details of the new plan for Greenland, agreed between Trump and NATO Secretary General Mark Rutte late on Wednesday on the sidelines of the World Economic Forum in Davos, Switzerland. “Nothing much changed. We still need to see details of the Greenland deal. We are a bit fed up with all the bullying. And we need to act on a few things: more resiliency, unity, get our things together on internal market, competitiveness. And no more accepting tariff bullying,” a third diplomat said. Rutte told Reuters in an interview in Davos on Thursday that under the framework deal he reached with Trump the Western allies would have to step up their presence in the Arctic. He also said talks would continue between Denmark, Greenland and the U.S. on specific issues. Diplomats stressed that, although Thursday’s emergency EU talks in Brussels would now lose some of their urgency, the longer-term issue of how to handle the relationship with the U.S. remained. “The approach of a united front in solidarity with Denmark and Greenland while focusing on de-escalation and finding an off-ramp has worked,” a fourth EU diplomat said. “At the same time it would be good to reflect on the state of the relationship and how we want to shape this going forward, given the experiences of the past week (and year),” he said. [...]

Copper eases to near 2-week low after Trump’s Greenland backtrack
January 22, 2026 11:41
Copper eases to near 2-week low after Trump’s Greenland backtrack

LONDON: Copper fell to its lowest in almost two weeks on Thursday as markets were calmed by U.S. President Donald Trump’s pledge not to take Greenland by force and his retraction of planned tariffs on countries opposed to his taking over the Arctic island. Benchmark three-month copper on the London Metal Exchange was down 1.3% to $12,640 per metric ton as of 1034 GMT. It touched $12,621 earlier in the session, the lowest since January 9. The contract hit a record high of $13,407 last week. Trump on Wednesday ruled out using military force to take over Greenland and said he would no longer be imposing tariffs on European allies that he had threatened to put into effect on February 1. “The anxiety drops out of the market and everything pulls back because the primary driver is no longer at play,” Panmure Liberum analyst Tom Price said. Investors will start withdrawing money from their cautious positions, which will likely hit commodity prices over the next few days, he added. The rally in industrial metals this year “really doesn’t have anything to do with supply-demand specifics … because we can’t see any change in those,” Price said. The cash LME copper contract was trading at an $84 per ton discount to the three-month forward, after surging to a more than $100 premium on Tuesday, indicating little need for short-term metal. LME copper stocks have risen to 168,250 tons, the highest since May 2025, after 8,725 tons of inflows into warehouses in the United States. Still, LME stocks are dwarfed by the more than 500,000 tons of copper in Comex warehouses. The arbitrage to ship copper to Comex from the LME has either narrowed or closed, traders said. “A negative arb incentivises shipments back to the LME, helping explain the stock increase, while Comex inventories continue to rise in parallel,” Sucden Financial said in a note. Aluminium nudged up 0.1% to $3,116.50 a ton, zinc gained 0.7% to $3,197, lead added 0.1% to $2,023, nickel climbed 0.2% to $18,030 and tin dropped 0.7% to $51,055. [...]

Mustafa Kamal demands federal control and economic capital status for Karachi
January 22, 2026 11:37
Mustafa Kamal demands federal control and economic capital status for Karachi

Muttahida Qaumi Movement-Pakistan (MQM-Pakistan) leader and Federal Minister for Health Syed Mustafa Kamal on Thursday demanded that Karachi be placed under federal control instead of the province and be declared the economic capital of Pakistan. Addressing a press conference on the Gul Plaza tragedy, Kamal clarified that he will not be blackmailed by past allegations and will continue to speak on Karachi’s issues. “The 18th Amendment is creating problems for the country instead of benefits, and the powers granted under it are not being used for the welfare of citizens,” he said, emphasising the need to abolish or review this amendment. READ MORE: Gul Plaza fire is one of the worst tragedies in the history of Karachi: JI The minister also mentioned the load shedding of electricity, water, and gas, the shortage of jobs under the quota system, and the lack of urban facilities. According to him, the youth of Karachi are not getting their due rights, and the quota system has become practically ineffective. He demanded an end to “democratic terrorism” in the city and the provision of basic rights to citizens. “Since Karachi is the backbone of the entire country’s economy, special and fair treatment is indispensable so that its citizens can feel safe and dignified,” he said. Kamal also termed the Gul Plaza inferno in the port city extremely saddening, stating that precious human lives were lost and he shares the grief of the entire city. He remarked that such incidents have repeatedly traumatised the citizens of Karachi, and it is difficult to say whether this will be the city’s last tragedy or not. The former Karachi mayor criticised the provincial government, stating that the Pakistan People’s Party (PPP) has been in power in Sindh for the past 18 years, yet Karachi remains deprived of basic facilities and protection. He questioned whom the state has handed the citizens over to and how much longer they will continue to carry corpses. “The people of Karachi are still looking toward the state for redress,” he stated. Referencing the past, he said Karachi faced a long period of unrest, killings, and ethnic and sectarian violence where people were killed based on colour, race, language, and sect, resulting in dozens of lives lost daily. He stated that the city’s people have always made sacrifices, yet their patriotism continues to be questioned. Kamal rejected the notion of shifting responsibility for current issues onto a single party or group. He asked if buildings are unsafe today, did all this faulty construction happen in recent years, and is it correct to blame everything on the past. He said those who speak the truth are blackmailed, and old allegations are used as pressure tactics. He claimed that even if the prime minister wanted to take bold steps for Karachi, he could not do so due to political grievances. [...]

India’s RBI taps $2 billion-plus FX swaps to blunt liquidity hit from spot intervention, bankers say
January 22, 2026 11:31
India’s RBI taps $2 billion-plus FX swaps to blunt liquidity hit from spot intervention, bankers say

MUMBAI: The Reserve Bank of India has conducted more than $2 billion in FX swaps over the last two days to offset the drain in liquidity caused by spot dollar sales, four bankers said, suggesting a focus on containing currency pressures without exacerbating banking liquidity tightness. The central bank has stepped up spot market intervention amid equity outflows, higher demand linked to bullion imports and increased hedging pile up pressure on the rupee. The currency plunged 0.8% on Wednesday to an all-time low of 91.7425. Spot intervention drains rupee liquidity, an effect the RBI can counter through dollar/rupee buy-sell FX swaps, in which the first leg is settled at the spot date and the second at a future date. Bankers said the central bank conducted such swaps on Tuesday and Wednesday across various maturities. While views on the total size differed, one banker pegged it at more than $3 billion, with estimates starting at around $2 billion. The bankers requested anonymity since they were not authorised to speak publicly. The RBI did not immediately respond to an emailed request for comment. Indian lenders to seek RBI approval for longer bulk deposits, sources say While the RBI regularly uses FX swaps alongside spot intervention, bankers said the volume of buy-sell swaps this week was unusually large compared with past episodes. “It looks like they (RBI) will have to do it (the buy-sell swaps) on a regular basis, considering how frequently they are needing to intervene (in spot) and the liquidity scarcity,” a senior treasury official at a private sector bank said. Liquidity in India’s banking system has intermittently slipped into deficit in recent weeks despite the central bank’s bond purchases and FX swap operations. Bankers said cash conditions have come under increasing pressure from spot FX intervention. Banking system liquidity slipped into a deficit of around 60 billion rupees ($655.4 million) on Wednesday. The RBI’s swap lowered dollar/rupee hedging costs, countering the upward pressure on forward premiums that would normally accompany a fall in the currency. Implied yield on the one-year dollar/rupee premium fell by about 10 basis points over the last two days, slipping further on Thursday. [...]

DAVOS 26: Azerbaijan’s SOCAR to finalize investment in Pakistan’s oil & gas sector by next month
January 22, 2026 11:14
DAVOS 26: Azerbaijan’s SOCAR to finalize investment in Pakistan’s oil & gas sector by next month

The State Oil Company of the Republic of Azerbaijan (SOCAR) on Thursday announced that it is set to finalise its investment in Pakistan’s oil and gas sector during February. The announcement was made by Rovshan Najaf, President of SOCAR, during his engagement with the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on the sidelines of the World Economic Forum (WEF) Annual Meeting in Davos, read a statement released by the Finance Division. Najaf stated that SOCAR views Pakistan as a natural long-term energy partner, citing the country’s market depth, growing energy demand, and ongoing reform momentum in the oil and gas sector. Najaf highlighted SOCAR’s existing commercial engagement in Pakistan through SOCAR Trading, which operates under a G2G LNG framework with Pakistan LNG Limited, providing Pakistan with flexible LNG supply arrangements. Under this framework, SOCAR can supply up to one LNG cargo per month without take-or-pay obligations, offering enhanced price and demand flexibility. The LNG arrangement has been extended into 2025, reflecting continued cooperation between the two sides. He further noted SOCAR’s ongoing engagement with Pakistan State Oil (PSO) on petroleum product supply and expressed interest in expanding cooperation across the broader oil and gas value chain as Pakistan continues to implement energy-sector reforms. Najaf outlined SOCAR’s global profile as a major state-owned energy company operating in over 20 countries, with a workforce exceeding 66,000 employees, revenues of approximately $50.6 billion (2024), and an estimated net worth of $56.75 billion (2025). He emphasised SOCAR’s experience as a peer national energy company from an emerging economy, positioning it as a credible long-term partner for Pakistan’s energy sector. Welcoming SOCAR’s planned investment, Aurangzeb reiterated the Government of Pakistan’s commitment to attracting strategic and commercially viable investment in the oil and gas and mining sectors, describing these areas as central to Pakistan’s energy security and industrial growth. He noted that ongoing reforms are focused on improving pricing transparency, contractual clarity, and risk-sharing mechanisms to support sustained private-sector participation. The engagement concluded with a shared understanding to maintain close coordination as SOCAR moves toward finalising its investment decision. [...]

Palm closes at two-month high on US biofuel regulations, lower output prospects
January 22, 2026 11:09
Palm closes at two-month high on US biofuel regulations, lower output prospects

KUALA LUMPUR: Malaysian palm oil futures closed at its highest level in two months on Thursday, as the likelihood of a production decline amid firm demand, and expectations that the U.S. will soon increase its biofuel blending levels supported the market. The benchmark palm oil contract for April delivery on Bursa Malaysia Derivatives Exchange gained 44 ringgit, or 1.06%, to 4,198 ringgit ($1,039.62) a metric ton, the highest close since November 19, 2025. The market traded higher on news that the U.S. will soon release its final regulations around biofuels, which means that biomass diesel feedstock demand will rise, and that January could see double-digit losses in palm production, said Paramalingam Supramaniam, director at Selangor-based brokerage Pelindung Bestari. They are likely to push prices higher for both soybean and palm oil, he added. In June, the U.S. Environmental Protection Agency proposed total biofuel blending volumes at 24.02 billion gallons and 24.46 billion gallons in 2026 and 2027, respectively, up from 22.33 billion gallons in 2025. “Export demand has also been equally supportive. As such, the overall market is expected to remain upbeat for the first quarter of 2026,” said Supramaniam. Dalian’s most-active soyoil contract rose 0.55%, while its palm oil contract added 1.59%. Soyoil prices on Chicago Board of Trade BOcv1 were down 0.28%. Palm oil tracks price movements of rival edible oils, as it competes for a share of the global vegetable oils market. Oil prices slipped, reversing previous sessions’ gains, after U.S. President Donald Trump softened threats against Greenland and Iran, and as investors assessed the supply and demand outlook. Stronger crude oil futures make palm a more attractive option for biodiesel feedstock. The ringgit, palm’s currency of trade, strengthened 0.15% against the dollar, making the commodity slightly more expensive for buyers holding foreign currencies. [...]

DAVOS 26: Trump launches Board of Peace that some fear rivals UN
January 22, 2026 11:07
DAVOS 26: Trump launches Board of Peace that some fear rivals UN

DAVOS: US President Donald Trump on Thursday launched his Board of Peace, initially focused on cementing Gaza’s ceasefire but which he said could take a wider role that may worry other global powers, although he said it would work with the United Nations. “Once this board is completely formed, we can do pretty much whatever we want to do. And we’ll do it in conjunction with the United Nations,” Trump said, adding that the U.N. had great potential that had not been fully utilised. Trump, who will chair the board, invited dozens of other world leaders to join, saying he wants it to address challenges beyond the stuttering Gaza truce, stirring misgivings that it could undermine the U.N.’s role as the main platform for global diplomacy and conflict resolution. Other major global powers and traditional Western U.S. allies have balked at joining the board, which Trump says permanent members must help fund with a payment of $1 billion each, either responding cautiously or declining the invitation. Representatives from countries introduced as founder members were present in the room as Trump spoke. But Reuters could not immediately spot any representatives from governments of other top global powers or from Israel or the Palestinian Authority. UK will not sign Trump’s ‘Board of Peace’ treaty today, foreign minister says The signing ceremony was held in Davos, Switzerland, where the annual World Economic Forum bringing together global political and business leaders is taking place. Global role Apart from the U.S., no other permanent member of the U.N. Security Council - the five nations with the most say over international law and diplomacy since the end of World War Two - has yet committed to join. Russia said late on Wednesday it was studying the proposal after Trump said it would join. France has declined. Britain said on Thursday it was not joining at present. China has not yet said whether it will join. Trump tells Davos that Europe is heading in wrong direction The board’s creation was endorsed by a United Nations Security Council resolution as part of Trump’s Gaza peace plan, and U.N. spokesperson Rolando Gomez said on Thursday that U.N. engagement with the board would only be in that context. However, around 35 countries have committed to join including Saudi Arabia, the United Arab Emirates, Egypt, Turkey and Belarus. Few of the countries that have signed up for the board are democracies, although Israel and Hungary, whose leaders are both seen as close allies of Trump and supporters of his approach to politics and diplomacy, have said they will join. “There’s tremendous potential with the United Nations, and I think the combination of the Board of Peace with the kind of people we have here … could be something very, very unique for the world,” Trump said. [...]

Indian rupee breaks six-day losing streak after Trump drops Greenland-related tariff threat
January 22, 2026 10:55
Indian rupee breaks six-day losing streak after Trump drops Greenland-related tariff threat

MUMBAI: The Indian rupee broke its six-day declining streak by staging a mild recovery on Thursday, supported by an improvement in risk appetite after U.S. President Donald Trump stepped back from tariff threats against Europe linked to Greenland. The Indian rupee opened higher against the dollar, but gave up some of the gains after it was unable to rise past the 91.50 per dollar level. The currency ended at 91.63, higher than its previous close and the record low of 91.7425 per dollar hit on Wednesday. Traders said the move resembled the typical pattern of trade in the last few days, where recoveries in the rupee are struggling to hold. The local currency plunged 0.8% on Wednesday to an all-time low of 91.7425 per dollar despite intermittent dollar selling by the central bank . “Trump’s latest remarks eased fears of a broader U.S.–Europe trade dispute, offering some relief to emerging market currencies, including the rupee,” said Dipti Chitale, CEO at Mecklai Financial Services. Still, she said delays in a U.S.-India trade agreement is hurting exports that face a steep 50% tariff, while steady dollar demand from importers is weighing on sentiment. U.S. equities and Treasuries rallied after Trump said the U.S. would not proceed with tariffs on Europe that were scheduled to take effect from February 1, speaking at the World Economic Forum in Davos. His remarks provided relief to Asian currencies, including the struggling rupee, as they ruled out an immediate flare up in trade tensions the use of force to capture Greenland. Dollar demand and capital flows will continue to dominate currency moves, especially as foreign investors have withdrawn nearly $3 billion from Indian equities so far this month, which follows $18 billion of outflows last year. [...]

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... [...]

Trump launches 'Board of Peace' in Davos: Inside governance, mandate & members
January 22, 2026 12:10
Trump launches 'Board of Peace' in Davos: Inside governance, mandate & members

Trump launches ‘Board of Peace’ in Davos: Inside governance, mandate & membersThe US President Donald Trump on Thursday signed the founding charter of his highly anticipated “Board of Peace” at the World Economic Forum in Davos.Dubbing the Board of Peace as “the most... [...]

Davos: Elon Musk's surprise addition to the schedule draws global attention
January 22, 2026 10:07
Davos: Elon Musk's surprise addition to the schedule draws global attention

Davos: Elon Musk’s surprise addition to the schedule draws global attentionIn a surprising turn of events at the 2026 World Economic Forum , Elon Musk has been added to the schedule to make a high-profile appearance at 4:30 p.m. Swiss time on Thursday, January 22.It wasn't expected that Musk... [...]

World's oldest artwork: 68,000 year-old cave paintings discovered in Indonesia
January 22, 2026 9:49
World's oldest artwork: 68,000 year-old cave paintings discovered in Indonesia

World's oldest artwork: 68,000 year-old cave paintings discovered in Indonesia Archaeologists have just uncovered the world's oldest artwork in Indonesia.Researchers have found that handprints stencilled on limestone caves on the Indonesian island of Muna could be up to 67,800 years old,... [...]

Spain calls for EU joint army after Trump's declaration of Greenland deal
January 22, 2026 9:29
Spain calls for EU joint army after Trump's declaration of Greenland deal

Spain calls for EU joint army after Trump’s declaration of Greenland deal Spain in a recent move has called for creating a joint army for the EU bloc, aiming to deter the potential defense-related threats which are in play. According to Spain’s Foreign Minister Jose Manuel... [...]

US to exit WHO: A seismic shift in global health?
January 22, 2026 8:44
US to exit WHO: A seismic shift in global health?

US to exit WHO: A seismic shift in global health?The US is set to officially withdraw from the World Health Organization on Thursday, sending the shockwaves across the global health landscape. On the first day of Donald Trump’s presidency in 2025, the US President signed an executive order,... [...]

Trump backs off European tariffs threat after reaching 'framework of a future deal' on Greenland with NATO
January 22, 2026 6:30
Trump backs off European tariffs threat after reaching 'framework of a future deal' on Greenland with NATO

Trump backs off European tariff threat after reaching ‘framework of a future deal’ on Greenland with NATOPresident Trump announced a preliminary framework agreement for a future deal on Greenland and the Arctic region after meeting with NATO Secretary General Mark Rutte in Davos,... [...]

Aircraft tragedy: Missing tourist helicopter found near Japan volcano crater
January 21, 2026 2:03
Aircraft tragedy: Missing tourist helicopter found near Japan volcano crater

Aircraft Tragedy: Missing tourist helicopter found near Japan volcano craterA tourist sightseeing adventure turned into sad tragedy after a helicopter carrying two tourists in Japan went missing.Local reports and police officials informed that the aircraft took off from a zoo in Aso City at 10:52... [...]

Keir Starmer's China visit: UK follows Mark Carney in major reset of ties
January 21, 2026 12:39
Keir Starmer's China visit: UK follows Mark Carney in major reset of  ties

Keir Starmer’s China visit: UK follows Mark Carney in major reset of tiesThe UK prime minister is set to reset strained ties with China in a highly-anticipated visit to Beijing expected at the end of January. According to sources privy to matter, the visit will aim to revive a “golden... [...]

South Korea's ex-PM Han Duck-soo jailed for 23 years over martial law crises
January 21, 2026 9:25
South Korea's ex-PM Han Duck-soo jailed for 23 years over martial law crises

South Korea's ex-PM Han Duck-soo jailed for 23 years over martial law crisesA South Korean court on Wednesday, January 21, 2026, sentenced former Prime Minister Han Duck-soo to 23 years in jail for charges including engaging in a key action of insurrection concerning ex-President Yoon Suk Yeol's... [...]

Global markets on edge over Greenland dispute: Is US economic leadership at risk?
January 21, 2026 9:10
Global markets on edge over Greenland dispute: Is US economic leadership at risk?

Global markets on edge over Greenland dispute: Is US economic leadership at risk? The US and EU tensions over Greenland have reached a critical point where the global markets have started witnessing the massive monetary and fiscal shockwaves. In the international order grappling with shifting... [...]

UK inflation unexpectedly rises to 3.4% in December, the first increase in five months
January 21, 2026 8:31
UK inflation unexpectedly rises to 3.4% in December, the first increase in five months

UK inflation unexpectedly rises to 3.4% in December, the first increase in five monthsAccording to the recent figures released by the Office for National Statistics , inflation in the UK has reportedly increased for the first time in five months, reaching 3.4% in December. The Office for National... [...]

Trump vows 'no going back' on Greenland ahead of Davos visit
January 21, 2026 7:30
Trump vows 'no going back' on Greenland ahead of Davos visit

Trump vows ‘no going back’ on Greenland ahead of Davos visitU.S. President Donald Trump has strengthened his campaign to acquire Greenland, stating that there is “no way of going back” on his ambitions as he prepares for a high stakes address at the World Economic Forum in... [...]

Japan's ex-PM Shinzo Abe's killer is set to be sentenced: How much punishment could he face?
January 21, 2026 5:33
Japan's ex-PM Shinzo Abe's killer is set to be sentenced: How much punishment could he face?

Japan’s ex-PM Shinzo Abe’s killer is set to be sentenced: How much punishment could he face?Japan's Nara District Court is set to rule on the trial on Wednesday, January 21, 2026, for former Prime Minister Shinzo Abe's assassin, bringing to an end a high-profile case that exposed... [...]

Therapist killed in office as former client launches knife attack
January 20, 2026 6:47
Therapist killed in office as former client launches knife attack

Therapist killed in office as former client launches knife attackA licensed mental health counsellor was killed in a stabbing at her office after a former client turned violent, in a case that has shocked the local community.Rebecca White was attacked on January 19 at a counselling centre in the... [...]

North Carolina woman accused of serving victims with poisoned drinks
January 20, 2026 3:54
North Carolina woman accused of serving victims with poisoned drinks

A woman has been arrested in the US after police linked her to two murders nearly two decades apart by allegedly serving poisoned drinks.The Henderson County Sheriff’s Office said Gudrun Casper-Leinenkugel now faces two counts of first-degree murder and two counts of attempted murder... [...]

پنجاب حکومت کا دہشتگردی، انتہا پسندی کے خاتمے کیلئے مشترکہ ایکشن پر اتفاق
January 22, 2026 12:01
پنجاب حکومت کا دہشتگردی، انتہا پسندی کے خاتمے کیلئے مشترکہ ایکشن پر اتفاق

لاہور میں صوبائی نیشنل ایکشن پلان کمیٹی کا محکمہ داخلہ میں اجلاس ہوا۔ ذرائع کے مطابق پنجاب حکومت نے دہشتگردی، انتہا پسندی اور جرائم... [...]

سانحہ گل پلازا: ڈی این اے سیمپل کے ذریعے مزید 3 لاشوں کی شناخت کرلی گئی
January 22, 2026 11:01
سانحہ گل پلازا: ڈی این اے سیمپل کے ذریعے مزید 3 لاشوں کی شناخت کرلی گئی

فوٹو: اے پی پی سانحہ گل پلازا میں ڈی این اے سیمپل کے ذریعے مزید 3 لاشوں کی شناخت کرلی گئی، شناخت کی گئی لاشوں کی تعداد 12 ہوگئی ہے۔پولیس... [...]

کے ایم سی کے میونسپل کمشنر افضل زیدی کو عہدے سے ہٹا دیا گیا
January 22, 2026 11:01
کے ایم سی کے میونسپل کمشنر افضل زیدی کو عہدے سے ہٹا دیا گیا

کراچی میٹروپولیٹین کارپوریشن کے میونسپل کمشنر افضل زیدی کو عہدے سے ہٹا دیا گیا۔ چیف سیکریٹری سندھ آصف حیدر شاہ کی جانب سے جاری... [...]

لاہور میں شیرنی کا بچی پر حملہ، غیر قانونی طور پر رکھے 11 شیر برآمد
January 22, 2026 11:01
لاہور میں شیرنی کا بچی پر حملہ، غیر قانونی طور پر رکھے 11 شیر برآمد

فائل فوٹو لاہور میں شیرنی کے بچی پر حملہ کرنے کے واقعے میں مزید پیشرفت ہوئی ہے، غیر قانونی طور پر رکھے گئے مزید11 شیر برآمد کرکے... [...]

8 فروری کو لوگ نکلیں تو مذاکرات کا مستقبل روشن ہوگا، شیر افضل مروت
January 22, 2026 10:01
8 فروری کو لوگ نکلیں تو مذاکرات کا مستقبل روشن ہوگا، شیر افضل مروت

فائل فوٹورکن قومی اسمبلی شیر افضل مروت نے کہا ہے کہ بیرسٹر گوہر درست کہہ رہے ہیں کہ مذاکرات ابھی حکومت کی ضرورت نہیں، ضرورت تب ہوگی جب... [...]

کراچی کی حالت دیکھ کر دل خون کے آنسو روتا ہے: علامہ راجہ ناصر عباس
January 22, 2026 10:01
کراچی کی حالت دیکھ کر دل خون کے آنسو روتا ہے: علامہ راجہ ناصر عباس

---فائل فوٹوسینیٹ میں اپوزیشن لیڈر علامہ راجہ ناصر عباس نے کہا ہے کہ کراچی کو اتنا بجٹ دیا لیکن اس کے ساتھ سوتیلی ماں کا سلوک کیا... [...]

میں جس علاقے میں رہتا ہوں وہاں طالبان کا قبضہ ہے: مولانا فضل الرحمان
January 22, 2026 10:01
میں جس علاقے میں رہتا ہوں وہاں طالبان کا قبضہ ہے: مولانا فضل الرحمان

—فائل فوٹوجمعیت علمائے اسلام ف کے سربراہ مولانا فضل الرحمان نے کہا ہے کہ میں جس علاقے میں رہتا ہوں وہاں طالبان کا قبضہ ہے۔قومی... [...]

کیپیٹل ایمرجنسی سروسز کی پیشہ وارانہ صلاحیت نے کئی سوالات کھڑے کر دیے
January 22, 2026 9:01
کیپیٹل ایمرجنسی سروسز کی پیشہ وارانہ صلاحیت نے کئی سوالات کھڑے کر دیے

—فائل فوٹوکیپیٹل ایمرجنسی سروسز کی پیشہ وارانہ صلاحیت نے کئی سوالات کھڑے کر دیے۔ریسکیو ذرائع کے مطابق کیپیٹل ایمرجنسی سروسز کے... [...]

اسلام آباد: دکان میں آتشزدگی، 5 افراد جھلس کر زخمی
January 22, 2026 9:01
اسلام آباد: دکان میں آتشزدگی، 5 افراد جھلس کر زخمی

— اسکرین گریباسلام آباد میں کورال کے علاقے شریف آباد میں دکان میں آگ لگ گئی۔ آگ پر قابو پالیا گیا ہے۔ڈی سی عرفان میمن کے مطابق... [...]

کراچی سیف سٹی پروجیکٹ شہر کیلئے اہم ہے: وزیر اعلیٰ سندھ
January 22, 2026 9:01
کراچی سیف سٹی پروجیکٹ شہر کیلئے اہم ہے: وزیر اعلیٰ سندھ

—فائل فوٹووزیر اعلیٰ سندھ مراد علی شاہ کا کہنا ہے کہ کراچی سیف سٹی پروجیکٹ شہر کے لیے اہم ہے، کراچی کی سیکیورٹی پر کوئی سمجھوتہ نہیں... [...]

بھارت کو سوچنا چاہیے ان کا پانی بھی تو دوسرے ملک سے آرہا ہے: مصدق ملک
January 22, 2026 9:01
بھارت کو سوچنا چاہیے ان کا پانی بھی تو دوسرے ملک سے آرہا ہے: مصدق ملک

فائل فوٹووفاقی وزیر موسمیاتی تبدیلی مصدق ملک کا کہنا ہے کہ بھارت کہتا ہے ہم انڈس ٹریٹی کو نہیں مانتے، پانی روک لیں گے، بھارت کو سوچنا... [...]

کراچی کے مختلف علاقوں میں تیز ہواؤں کے ساتھ بارش
January 22, 2026 9:01
کراچی کے مختلف علاقوں میں تیز ہواؤں کے ساتھ بارش

— فائل فوٹوکراچی کے مختلف علاقوں میں تیز ہواؤں کے ساتھ بارش کا سلسلہ شروع ہوگیا۔سرجانی ٹاؤن، ملیر، مشرف کالونی اور گردونواح میں گرج... [...]

کراچی: سانحہ گل پلازا سے متعلق رپورٹ تیار
January 22, 2026 8:01
کراچی: سانحہ گل پلازا سے متعلق رپورٹ تیار

تحقیقاتی حکام نے سانحہ گل پلازا سے متعلق رپورٹ تیار کر لی۔تحقیقاتی ذرائع کے مطابق گل پلازا میں آگ مصنوعی پھولوں کی دکان میں لگی، دکان... [...]

گل پلازا میں ریسکیو آپریشن جاری ہے، شرجیل میمن
January 22, 2026 8:01
گل پلازا میں ریسکیو آپریشن جاری ہے، شرجیل میمن

فائل فوٹووزیر اطلاعات سندھ شرجیل میمن نے کہا ہے کہ گل پلازا میں ریسکیو آپریشن جاری ہے۔کراچی میں پریس کانفرنس کرتے ہوئے شرجیل میمن... [...]

ایم کیو ایم اور پیپلز پارٹی نے کراچی کو برباد کر دیا ہے: منعم ظفر
January 22, 2026 8:01
ایم کیو ایم اور پیپلز پارٹی نے کراچی کو برباد کر دیا ہے: منعم ظفر

---فائل فوٹوامیرِ جماعتِ اسلامی کراچی منعم ظفر نے کہا ہے کہ کراچی کے میئر اور وزیرِ اعلیٰ کو سانحہ گل پلازا پر فوری استعفیٰ دینا چاہیے... [...]

بورڈ آف پیس معاہدے پر دستخط ہوگئے، ٹرمپ تمام ممالک کیساتھ کام جاری رکھنے کیلئے پُرعزم
January 22, 2026 10:01
بورڈ آف پیس معاہدے پر دستخط ہوگئے، ٹرمپ تمام ممالک کیساتھ کام جاری رکھنے کیلئے پُرعزم

تصویر بشکریہ غیرملکی میڈیاڈیووس میں عالمی اقتصادی فورم کے سالانہ اجلاس کے موقع پر بورڈ آف پیس معاہدے پر دستخط ہوگئے۔ امریکا کے صدر... [...]

بھارت کی سب سے بڑی ایئر لائن پر تاریخ کا سب سے بڑا جرمانہ
January 22, 2026 10:01
بھارت کی سب سے بڑی ایئر لائن پر تاریخ کا سب سے بڑا جرمانہ

--فائل فوٹوبھارت کی سب سے بڑی ایئر لائن پر تاریخ کا سب سے بڑا جرمانہ عائد کردیا گیا۔برطانوی اخبار کے مطابق ڈی جی سی اے نے بھارتی... [...]

آسٹریلیا: فائرنگ سے 2 خواتین سمیت 3 افراد ہلاک، 1 زخمی
January 22, 2026 10:01
آسٹریلیا: فائرنگ سے 2 خواتین سمیت 3 افراد ہلاک، 1 زخمی

— تصویر بشکریہ آسٹریلوی میڈیاآسٹریلیا کی ریاست نیو ساؤتھ ویلز میں مبینہ فائرنگ کے واقعے میں 2 خواتین سمیت 3 افراد ہلاک... [...]

اٹلی میں سمندری طوفان نے تباہی مچادی، پانی گھروں میں داخل
January 22, 2026 9:01
اٹلی میں سمندری طوفان نے تباہی مچادی، پانی گھروں میں داخل

فوٹو: بشکریہ انٹرنیشنل میڈیااٹلی میں سمندری طوفان نے تباہی مچادی، سسلی اور سارڈینیا جزائر میں سمندری پانی ریسٹورنٹس اور گھروں میں... [...]

سنیتا ولیمز کی ناسا سے ریٹائرمنٹ: پینشن اور مراعات کی تفصیلات سامنے آ گئیں
January 22, 2026 9:01
سنیتا ولیمز کی ناسا سے ریٹائرمنٹ: پینشن اور مراعات کی تفصیلات سامنے آ گئیں

---فائل فوٹوامریکی سینئر خلانورد سنیتا ولیمز نے ناسا میں 27 سالہ شاندار کیریئر کے بعد ریٹائرمنٹ لے لی ہے۔سنیتا ولیمز نے اپنے کیریئر کے... [...]

سنیتا ولیمز نے چاند پر جانے سے انکار کیوں کیا؟
January 22, 2026 8:01
سنیتا ولیمز نے چاند پر جانے سے انکار کیوں کیا؟

— فائل فوٹوامریکا کے خلائی ادارے ناسا کی سینئر خلانورد سنیتا ولیمز کا کہنا ہے کہ وہ آرٹیمس II مشن کے لیے بہت پُرجوش ہیں کیونکہ یہ... [...]

طالبان رجیم میں لاکھوں لوگ شدید بھوک اور جان لیوا مشکلات کا شکار
January 22, 2026 8:01
طالبان رجیم میں لاکھوں لوگ شدید بھوک اور جان لیوا مشکلات کا شکار

فائل فوٹوافغان طالبان رجیم کے تحت افغانستان میں معاشی اور غذائی بحران خطرناک سطح پر پہنچ گیا ہے، جہاں لاکھوں افراد شدید بھوک، فاقہ... [...]

بھارت میں بجرنگ دَل کے کارکنوں کا پادری پر تشدد اور تذلیل
January 22, 2026 8:01
بھارت میں بجرنگ دَل کے کارکنوں کا پادری پر تشدد اور تذلیل

فائل فوٹوبھارتی ریاست اوڈیشہ میں ہندو تنظیم بجرنگ دَل کے ایک جتھے نے عیسائی پادری کو تشدد کا نشانہ بنایا، جسے دی نیو انڈین ایکسپریس... [...]

یوکرین تنازع پر ہم نے بہت پیشرفت کی ہے، اب اختتام پر ہیں: اسٹیو وٹکوف
January 22, 2026 8:01
یوکرین تنازع پر ہم نے بہت پیشرفت کی ہے، اب اختتام پر ہیں: اسٹیو وٹکوف

---فائل فوٹوامریکی صدر ڈونلڈ ٹرمپ کے خصوصی ایلچی برائے مشرق وسطیٰ اسٹیو وٹکوف نے کہا ہے کہ یوکرین تنازع پر ہم نے بہت پیشرفت کی ہے، اب... [...]

بھارت: ’سائیکو کلر‘ کے نام سے مشہور ملزم کو عمر قید کی سزا
January 22, 2026 8:01
بھارت: ’سائیکو کلر‘ کے نام سے مشہور ملزم کو عمر قید کی سزا

فوٹو بشکریہ بھارتی میڈیا بھارتی شہر فرید آباد کی مقامی عدالت نے 2022ء میں ایک خاتون کو اغواء اور قتل کرنے کے جرم میں 54 سالہ سنگھ راج کو... [...]

بھارت: بنگلور ایئرپورٹ پر کوریائی خاتون کو جنسی ہراساں کرنیوالا ملازم گرفتار
January 22, 2026 7:01
بھارت: بنگلور ایئرپورٹ پر کوریائی خاتون کو جنسی ہراساں کرنیوالا ملازم گرفتار

--کولاج بشکریہ بھارتی میڈیا جنوبی بھارت کے شہر بنگلور کے کیمپے گوڑا انٹرنیشنل ایئرپورٹ پر ایک کوریائی خاتون کی جانب سے جنسی ہراسانی... [...]

غزہ کیلئے ٹرمپ کا ’بورڈ آف پیس‘ میں پاکستان، سعودی عرب اور قطر سمیت 9 ممالک شامل
January 22, 2026 6:01
غزہ کیلئے ٹرمپ کا ’بورڈ آف پیس‘ میں پاکستان، سعودی عرب اور قطر سمیت 9 ممالک شامل

---فائل فوٹوغزہ میں جنگ بندی، تعمیرِ نو اور مستقل امن کے لیے امریکی صدر ڈونلڈ ٹرمپ کی جانب سے بنائے گئے ’بورڈ آف پیس‘ میں مشرقِ وسطیٰ... [...]

میکرون نے ڈیووس میں خطاب کے دوران نیلا چشمہ کیوں پہنا؟
January 22, 2026 6:01
میکرون نے ڈیووس میں خطاب کے دوران نیلا چشمہ کیوں پہنا؟

فوٹو — بین الاقوامی میڈیا فرانس کے صدر ایمانوئل میکرون نے سوئٹزرلینڈ کے شہر ڈیووس میں عالمی اقتصادی فورم سے خطاب کرتے ہوئے ہال کے... [...]

حالیہ مظاہروں کے دوران 3,117 افراد جاں بحق ہوئے: ایران
January 22, 2026 5:01
حالیہ مظاہروں کے دوران 3,117 افراد جاں بحق ہوئے: ایران

--فوٹو بشکریہ بین الاقوامی میڈیا ایران کی لیگل میڈیسن آرگنائزیشن کی جانب سے گزشتہ شام جاری کیے گئے بیان میں کہا گیا کہ ایران میں... [...]

بھارت: وزن کم کرنے کا جنون، بوریکس کا استعمال کرنیوالی لڑکی جان سے ہاتھ دھو بیٹھی
January 22, 2026 4:01
بھارت: وزن کم کرنے کا جنون، بوریکس کا استعمال کرنیوالی لڑکی جان سے ہاتھ دھو بیٹھی

---فائل فوٹو بھارتی ریاست تامل ناڈو میں وزن کم کرنے کے لیے سوشل میڈیا پر دیکھی گئی ایک ویڈیو پر عمل کرنا کالج کی نوجوان طالبہ کی ہلاکت... [...]

پاکستان اسٹاک ایکسچینج میں تیزی
January 22, 2026 5:01
پاکستان اسٹاک ایکسچینج میں تیزی

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

پنجاب حکومت نے پاسکو سے 7 لاکھ ٹن گندم خرید لی
January 21, 2026 11:01
پنجاب حکومت نے پاسکو سے 7 لاکھ ٹن گندم خرید لی

فائل فوٹو پنجاب حکومت نے پاسکو سے 7 لاکھ ٹن گندم خرید لی۔ 3 لاکھ میٹرک ٹن کی پہلی کھیپ موصول ہوگئی۔ڈائریکٹر جنرل فوڈ امجد حفیظ کا کہنا... [...]

پاکستان میں پہلی بار سونا 5 لاکھ روپے فی تولہ ہوگیا
January 21, 2026 9:01
پاکستان میں پہلی بار سونا 5 لاکھ روپے فی تولہ ہوگیا

فائل فوٹوملکی تاریخ میں پہلی مرتبہ فی تولہ سونے کی قیمت 5 لاکھ روپے سے تجاوز کر گئی۔ آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن... [...]

دو دن تیزی کے بعد پاکستان اسٹاک ایکسچینج میں آج مندی کا رجحان
January 21, 2026 9:01
دو دن تیزی کے بعد پاکستان اسٹاک ایکسچینج میں آج مندی کا رجحان

---فائل فوٹو کاروباری ہفتے کے آغاز پر مسلسل دو دن مثبت رجحان رہنے کے بعد پاکستان اسٹاک ایکسچینج میں آج مندی کا رجحان دیکھا جا رہا... [...]

سال 2026 کیلئے گندم کی قیمت 3500 روپے فی من مقرر، نوٹیفکیشن جاری
January 21, 2026 8:01
سال 2026 کیلئے گندم کی قیمت 3500 روپے فی من مقرر، نوٹیفکیشن جاری

رواں سال 2026ء کے لیے گندم کی قیمت 3 ہزار 500 روپے فی من مقرر کر دی گئی۔ حکومتِ پنجاب کی جانب سے جاری کیے گئے نوٹیفکیشن کے مطابق... [...]

ایف بی آر کے پرال سسٹم میں بغیر انٹریز سے 2 کروڑ سے زائد ریونیو کا نقصان
January 20, 2026 12:01
ایف بی آر کے پرال سسٹم میں بغیر انٹریز سے 2 کروڑ سے زائد ریونیو کا نقصان

فیڈرل بورڈ آف ریونیو کے پرال سسٹم میں بغیر انٹریز سے 2 کروڑ 13 لاکھ روپے کے ریونیو نقصان کا انکشاف سامنے آیا ہے۔ پبلک اکاؤنٹس کمیٹی... [...]

سونے کی فی تولہ قیمت میں یکمشت 4300 روپے کا اضافہ
January 20, 2026 11:01
سونے کی فی تولہ قیمت میں یکمشت 4300 روپے کا اضافہ

ملک میں سونے کی فی تولہ قیمت میں یکمشت 4300 روپے کا اضافہ ہوگیا۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق 4300 روپے کے... [...]

پاکستان اسٹاک ایکسچینج میں مثبت رجحان
January 20, 2026 5:01
پاکستان اسٹاک ایکسچینج میں مثبت رجحان

فائل فوٹوپاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے دوسرے دن مثبت رجحان دیکھا جارہا ہے۔بازار حصص میں کاروبار کے دوران 100 انڈیکس 309... [...]

ملکی تاریخ میں پہلی بار آئی ٹی برآمدات میں ریکارڈ اضافہ
January 20, 2026 5:01
ملکی تاریخ میں پہلی بار آئی ٹی برآمدات میں ریکارڈ اضافہ

فائل فوٹوملکی تاریخ میں پہلی بار ایک ماہ میں آئی ٹی برآمدات 400 ملین ڈالر کی حد عبور کرگئیں۔جاری کردہ اعداد و شمار کے مطابق دسمبر 2025... [...]

گلف نیوز نے بھی پاکستانی چاول کی عالمی سطح پر پذیرائی پر مہر ثبت کردی
January 19, 2026 6:01
گلف نیوز نے بھی پاکستانی چاول کی عالمی سطح پر پذیرائی پر مہر ثبت کردی

—فائل فوٹوبین الاقوامی جریدہ گلف نیوز نے بھی پاکستانی چاول کی عالمی سطح پر پذیرائی پر مہر ثبت کر دی۔عرب میڈیا کے مطابق 2026 کے آغاز پر... [...]

پاکستان اسٹاک ایکسچینج میں زبردست تیزی، ایک لاکھ 87 ہزار کی حد بحال
January 19, 2026 5:01
پاکستان اسٹاک ایکسچینج میں زبردست تیزی، ایک لاکھ 87 ہزار کی حد بحال

پاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے پہلے دن زبردست تیزی دیکھی گئی۔بازار حصص میں کاروبار کے اختتام پر 100 انڈیکس 2662 پوائنٹس... [...]

علی پرویز ملک کی سعودی وزیرِ توانائی سے ملاقات
January 17, 2026 6:01
علی پرویز ملک کی سعودی وزیرِ توانائی سے ملاقات

فوٹو: ایکس۔وزارت پیٹرولیم ڈویڑن، پاکستانوفاقی وزیر توانائی پیٹرولیم ڈویژن علی پرویز ملک نے سعودی دارالحکومت ریاض میں سعودی وزیرِ... [...]

سونے کی قیمت میں کمی، فی تولہ سونا کتنے کا ہوگیا؟
January 17, 2026 10:01
سونے کی قیمت میں کمی، فی تولہ سونا کتنے کا ہوگیا؟

— فائل فوٹوملک بھر میں فی تولہ سونے کی قیمت دو روز مستحکم رہنے کے بعد آج 600 روپے کم ہوگئی۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی... [...]

پی ایس ایکس: ہفتے کے دوران ملا جلا رجحان، 100 انڈیکس میں 689 پوائنٹس کا اضافہ
January 17, 2026 6:01
پی ایس ایکس: ہفتے کے دوران ملا جلا رجحان، 100 انڈیکس میں 689 پوائنٹس کا اضافہ

پاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے دوران ملا جلا رجحان رہا، جہاں 100 انڈیکس 689 پوائنٹس اضافے سے ایک لاکھ 85 ہزار 98 پوائنٹس پر... [...]

ٹیکسز، سرچارجز اور ڈیوٹیز کے باعث بجلی قیمتیں ناقابل برداشت ہوچکیں، نیپرا رپورٹ
January 16, 2026 2:01
ٹیکسز، سرچارجز اور ڈیوٹیز کے باعث بجلی قیمتیں ناقابل برداشت ہوچکیں، نیپرا رپورٹ

فائل فوٹونیشنل الیکٹرک پاور ریگولیٹری اتھارٹی کی رپورٹ میں اعتراف کیا گیا ہے کہ بجلی قیمتیں ناقابل برداشت ہوچکی ہیں۔نیپرا نے پاور... [...]

Turns out, DOGE did put Social Security data at risk. Here’s what lawmakers are doing about it.
January 22, 2026 2:11
Turns out, DOGE did put Social Security data at risk. Here’s what lawmakers are doing about it.

Trump administration admits to security breaches that had been outlined in a whistleblower complaint [...]

Boarding a plane has become ‘elitist,’ passengers say — but airlines profit off premium travelers getting priority status
January 22, 2026 1:47
Boarding a plane has become ‘elitist,’ passengers say — but airlines profit off premium travelers getting priority status

Video of a United Airlines passenger asserting his right to jump ahead of a family with young kids has brought fresh attention to how competitive boarding is getting [...]

Trump’s tariff reversal sparked a market rally — but the violent swing in stocks is a warning of what lies ahead for investors
January 22, 2026 12:46
Trump’s tariff reversal sparked a market rally — but the violent swing in stocks is a warning of what lies ahead for investors

Investors are getting accustomed to a familiar pattern known on Wall Street as ‘TACO’ — the assumption that the president eventually reverses policies that threaten to sink the market [...]

‘I’m simply exhausted’: I’m 55 and have $1.3 million for retirement. Can I retire next year?
January 21, 2026 11:15
‘I’m simply exhausted’: I’m 55 and have $1.3 million for retirement. Can I retire next year?

“I had a major health scare 4 years ago, and I’ve seen close friends die from cancer, heart disease, etc., way too soon.” [...]

My sister is buying our parents’ $3 million house, but wants to deduct $100K for renovations. Who’s right?
January 21, 2026 10:56
My sister is buying our parents’ $3 million house, but wants to deduct $100K for renovations. Who’s right?

“If she didn’t want the home, it would have been sold at fair market value.” [...]

Big Tech stocks haven’t been this cheap in months. These investors say it’s time to buy.
January 21, 2026 10:40
Big Tech stocks haven’t been this cheap in months. These investors say it’s time to buy.

The ‘Magnificent Seven’ have become the “Lag-nificent Seven” one analyst joked, and that spells opportunity. [...]

As gold retreats, here’s what’s needed to push prices back toward $5,000
January 21, 2026 10:24
As gold retreats, here’s what’s needed to push prices back toward $5,000

A big change in the news on Wednesday afternoon may have slowed gold’s prospects for reaching $5,000 an ounce any time soon. [...]

I’m a CPA with a masters. I just learned the new executive assistant at my job is making $10K more than me. How do I get a raise?
January 21, 2026 10:01
I’m a CPA with a masters. I just learned the new executive assistant at my job is making $10K more than me. How do I get a raise?

“She makes $140,000, while I make $130,000.” [...]

GE’s stock has lost its bullish momentum. Can earnings provide the jolt it needs?
January 21, 2026 9:54
GE’s stock has lost its bullish momentum. Can earnings provide the jolt it needs?

GE Aerospace’s earnings need to do more than just lift the stock price for bulls to regain momentum. [...]

Here’s the secret to spending money with no regrets
January 21, 2026 9:49
Here’s the secret to spending money with no regrets

Author Morgan Housel has a strategy for your finances that works regardless of what the economy does. [...]

How to plan for the end of your life if you don’t have kids or a spouse
January 22, 2026 1:32
Why today's wild swing in stocks is a warning of what lies ahead for investors
January 22, 2026 12:53
Big Tech stocks haven’t been this cheap in months. Is it time to buy?
January 21, 2026 11:39
As gold retreats, here’s what’s needed to push prices back toward $5,000
January 21, 2026 10:42
Why AMD’s stock just rocketed to its longest winning streak in nearly a year
January 21, 2026 10:01
Intel’s stock soars to a four-year high, raising the bar for earnings
January 21, 2026 9:39
Who has priority now? Why boarding a plane has become so ‘elitist.’
January 21, 2026 9:13
Stocks end sharply higher after Trump backs off on new tariffs against Europe
January 21, 2026 9:03
Supreme Court justice worries that firing Lisa Cook may lead to politicized Fed
January 21, 2026 8:48
Stocks jump as Trump walks back Europe tariff threat
January 21, 2026 8:02
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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  • About
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