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Rupee appreciates against US dollar
February 10, 2026 4:29
Rupee appreciates against US dollar

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"24-Sep-25", "25-Sep-25", "26-Sep-25", "29-Sep-25", "30-Sep-25", "01-Oct-25", "02-Oct-25", "03-Oct-25", "06-Oct-25", "07-Oct-25", "08-Oct-25", "09-Oct-25", "10-Oct-25", "13-Oct-25", "14-Oct-25", "15-Oct-25", "16-Oct-25", "17-Oct-25", "20-Oct-25", "21-Oct-25", "22-Oct-25", "23-Oct-25", "24-Oct-25", "27-Oct-25", "28-Oct-25", "29-Oct-25", "30-Oct-25", "31-Oct-25", "03-Nov-25", "04-Nov-25", "05-Nov-25", "06-Nov-25", "07-Nov-25", "10-Nov-25", "11-Nov-25", "12-Nov-25", "13-Nov-25", "14-Nov-25", "17-Nov-25", "18-Nov-25", "19-Nov-25", "20-Nov-25", "21-Nov-25", "24-Nov-25", "25-Nov-25", "26-Nov-25", "27-Nov-25", "28-Nov-25", "01-Dec-25", "02-Dec-25", "03-Dec-25", "04-Dec-25", "05-Dec-25", "08-Dec-25", "09-Dec-25", "10-Dec-25", "11-Dec-25", "12-Dec-25", "15-Dec-25", "16-Dec-25", "17-Dec-25", "18-Dec-25", "19-Dec-25", "22-Dec-25", "23-Dec-25", "24-Dec-25", "26-Dec-25", "29-Dec-25", "30-Dec-25", "31-Dec-25", "02-Jan-26", "05-Jan-26", "06-Jan-26", "07-Jan-26", "08-Jan-26", "09-Jan-26", "12-Jan-26", "13-Jan-26", "14-Jan-26", "15-Jan-26", "16-Jan-26", "19-Jan-26", "20-Jan-26", "21-Jan-26", "22-Jan-26", "23-Jan-26", "26-Jan-26", "27-Jan-26", "28-Jan-26", "29-Jan-26", "30-Jan-26", "02-Feb-26", "03-Feb-26", "04-Feb-26", "06-Feb-26", "09-Feb-26", "10-Feb-26" ], 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, 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280.07, 280.06, 280.05, 280.02, 280.01, 280.0, 279.97, 279.96, 279.95, 279.92, 279.91, 279.90, 279.87, 279.86, 279.85, 279.82, 279.81, 279.80, 279.77, 279.76, 279.75, 279.72, 279.71, 279.70, 279.67 ], borderColor: 'black', borderWidth: 1, fill: false, pointRadius: 3 }] }, options: { responsive: true, plugins: { legend: { display: false } }, scales: { x: { title: { display: true, text: 'Date' } }, y: { title: { display: true, text: 'Closing Rate' } } } } }); The Pakistani rupee posted marginal gain against the US dollar, appreciating 0.01% in the inter-bank market on Tuesday. At close, the local currency settled at 279.67, a gain of Re0.03 against the greenback. On Monday, the local unit closed at 279.70, according to the State Bank of Pakistan (SBP). The inflow of overseas workers’ remittances into Pakistan stood at $3.46 billion in January 2026, the SBP data showed on Tuesday. Remittances increased by nearly 15.4% year-on-year (YoY), compared to $3.0 billion recorded in the same month last year. Monthly remittances were down 4% from $3.59 billion in December. Moreover, the US dollar was weaker on Tuesday before the release of a slate of economic data that is expected to shape the path ahead for interest rates, while the yen firmed for the second day in the wake of Prime Minister Sanae Takaichi’s election victory. The Japanese yen strengthened to 155.24 per U.S. dollar after rising 0.8% on Monday. Verbal warnings from authorities helped strengthen the yen after the currency weakened in the immediate aftermath of the victory. The euro stood at $1.19125 after a 0.85% jump on Monday. The dollar index, which measures the greenback against six other currencies, was at 96.79, hovering near a one-week low. Oil prices, a key indicator of currency parity, were little changed on Tuesday as the market waited for direction from news on Iran and Russia and data on the US economy and US oil inventories. Brent futures rose 27 cents, or 0.4%, to $69.31 a barrel at 9:58am. EST (1458 GMT), while US West Texas Intermediate (WTI) crude rose 12 cents, or 0.2%, to $64.48. “The market is still focused on the tensions between Iran and the US,” said Tamas Varga, oil analyst at brokerage PVM. “But unless there are concrete signs of supply disruptions, prices will likely start going lower.” Inter-bank market rates for dollar on Tuesday BID Rs 279.67 OFFER Rs 279.87 Open-market movement In the open market, the PKR lost 2 paise for buying but gained 4 paise for selling against USD, closing at 280.19 and 280.71, respectively. Against Euro, the PKR lost 1.82 rupee for buying and 1.87 rupee for selling, closing at 333.30 and 336.23, respectively. Against UAE Dirham, the PKR gained 2 paise for buying and for selling, closing at 76.53 and 77.27, respectively. Against Saudi Riyal, the PKR gained 2 paise for buying and 1 paisa for selling, closing at 74.81 and 75.38, respectively. Open-market rates for dollar on Monday BID Rs 280.19 OFFER Rs 280.71 [...]

Oil prices steady as Iran-US tensions and US data eyed
February 10, 2026 4:25
Oil prices steady as Iran-US tensions and US data eyed

NEW YORK: Oil prices were little changed on Tuesday as the market waited for direction from news on Iran and Russia and data on the U.S. economy and U.S. oil inventories. Brent futures rose 27 cents, or 0.4%, to $69.31 a barrel at 9:58 a.m. EST (1458 GMT), while U.S. West Texas Intermediate (WTI) crude rose 12 cents, or 0.2%, to $64.48. “The market is still focused on the tensions between Iran and the U.S.,” said Tamas Varga, oil analyst at brokerage PVM. “But unless there are concrete signs of supply disruptions, prices will likely start going lower.” Nuclear talks with the U.S. allowed Tehran to gauge Washington’s seriousness and showed enough consensus to continue on the diplomatic track, Iran’s foreign ministry spokesperson said on Tuesday. U.S. and Iranian diplomats held talks through Omani mediators in Oman last week in an effort to revive diplomacy, after U.S. President Donald Trump positioned a naval flotilla in the region, raising fears of new military action. On Monday, oil prices rose more than 1% when the U.S. Department of Transportation’s Maritime Administration advised U.S.-flagged commercial vessels to stay as far from Iran’s territorial waters as possible and to decline verbally if Iranian forces seek permission to board. READ MORE: Oil prices higher About a fifth of the oil consumed globally passes through the Strait of Hormuz between Oman and Iran, making any escalation in the area a major risk to global oil supplies. Iran and fellow Organization of the Petroleum Exporting Countries (OPEC) members Saudi Arabia, the United Arab Emirates, Kuwait and Iraq export most of their crude via the strait, mainly to Asia. “While talks in Oman produced a cautiously positive tone, a modest risk premium has been kept intact by lingering uncertainty over potential escalation, sanctions tightening or supply disruptions in the Strait of Hormuz,” said IG analyst Tony Sycamore. Iran was the third-biggest crude producer in OPEC behind Saudi Arabia and Iraq in 2025, according to U.S. Energy Information Administration (EIA) data. Russia and Ukraine European Union (EU) foreign policy chief Kaja Kallas said on Tuesday she would propose a list of concessions that Europe should demand from Russia as part of a settlement to end the war in Ukraine. The EU has proposed to extend its sanctions against Russia to include ports in Georgia and Indonesia that handle Russian oil, the first time the bloc would target ports in third countries, according to a proposal document seen by Reuters. The move is part of efforts to squeeze Russian revenue over the war in Ukraine. Indian Oil Corp, meanwhile, bought six million barrels of crude from West Africa and the Middle East, traders said, as India steered clear of Russian oil in New Delhi’s push for a trade deal with Washington. Russian Foreign Minister Sergei Lavrov, meanwhile, said that there was no reason to be enthusiastic about U.S. President Trump’s pressure on Europe and Ukraine as there was still a long way to go in talks on peace in Ukraine, RIA reported on Tuesday. Russia was the world’s third-biggest crude producer behind the U.S. and Saudi Arabia in 2025, according to EIA data. US economy and oil inventories U.S. retail sales were unexpectedly unchanged in December, putting consumer spending and the overall economy on a slower growth path in the new year. Analysts said investors will scrutinize a slate of U.S. economic data releases scheduled for this week, including January’s nonfarm payrolls report on Wednesday and inflation data on Friday, for clues to the Federal Reserve’s interest rate path. Central banks, like the Fed, raise and lower interest rates to keep inflation in check. U.S. President Trump has pressured the Fed to lower interest rates, which is politically popular because it reduces consumers’ costs and can boost economic growth and energy demand, but could also result in an unwanted rise in inflation. In the energy market, traders are waiting for weekly U.S. oil inventory data from the American Petroleum Institute (API) trade group on Tuesday and the U.S. Energy Information Administration (EIA) on Wednesday. Analysts forecast U.S. crude stockpiles declined by around 3.5 million barrels last week. If correct, that would be the first time energy firms pulled oil from storage for three weeks in a row since June 2025.  That compares with an increase of 4.1 million barrels during the same week last year and an average increase of 1.4 million barrels over the past five years (2021-2025). [...]

US stocks move sideways after lackluster data
February 10, 2026 3:27
US stocks move sideways after lackluster data

NEW YORK: Wall Street stocks moved indecisively early Tuesday, digesting downcast US retail sales data and mixed corporate earnings. US retail sales showed no growth in December, according to delayed government data, missing analysts’ expectations and adding to worries about the economy. The report could bolster the odds of additional Federal Reserve cuts, which investors should balance “with the possibility of an economic slowdown,” said CFRA Research’s Sam Stovall. About 10 minutes into trading, the Dow Jones Industrial Average was up 0.3 percent to 50,305.63. READ MORE: US stocks steady ahead of key economic data The broad-based S&P 500 was flat at 6,964.15, while the tech-rich Nasdaq Composite Index declined 0.2 percent to 23,197.19. Tuesday’s retail sales report will be followed in the coming days by employment and inflation data. Among companies reporting results, Coca-Cola dropped 0.8 percent, while Marriott International surged 8.6 percent. [...]

Pakistan car sales jump 43% YoY in first seven months of FY26
February 10, 2026 3:12
Pakistan car sales jump 43% YoY in first seven months of FY26

Car sales in Pakistan increased by 43% year-on-year (YoY) to 111,377 units in the first seven months of the fiscal year 2025-26 (FY26), showed Pakistan Automotive Manufacturers Association (PAMA) on Tuesday. Car sales (including LCVs, Vans, and Jeeps) stood at 77,686 units in 7MFY25. In January 2026, car sales in Pakistan clocked in at 23,055 units, marking a 43-month high, reflecting a 36% YoY and 74% MoM increase. “There are two reasons for the increase in sales of all vehicles; a decrease in interest rate set by the State Bank of Pakistan (SBP) and light-and-small industry improved performance following a boost in auto sales,” auto analyst Mashood Khan said. “If better financing policy including a further fall in the interest rate was formed, auto sales could skyrocket to 250,000 units in the coming year,” he maintained. Car sales in Pakistan are likely to touch 170,00o-180,000 units in the current fiscal year. Also read: Localisation key to making cars affordable for Pakistan’s middle class: experts “Car sale benchmark touched almost 230,000 in 2021-2022, while cars were sold in more than 230,000 units in 2017-2018. The sales still lagged behind those past figures, but this augurs well that the sales are gaining momentum in comparison with the last year,” he said. PAMA data showed massive increases in the sales of overall all two-three-and-four wheelers. Sales of trucks and buses soared by 91% to 4,633 units. Motorcycles and rickshaws also increased by 32% to 1,103,356 units. However, sales of farm tractors slid by 23% to 15,434 units. Car and motorcycle expert Muhammad Sabir Shaikh said there was a five-year gap after the Covid-19 pandemic when people avoided purchasing new vehicles or changing old cars due to poor economic conditions. “Now, with better economic conditions, people are buying new vehicles and changing old cars. People are turning to new purchases, which are boosting sales for a couple of months in the country. “Sales of both two, three, and four wheelers are skyrocketing as the PAMA shared data of a few brands which are its members only. Around 30-40% data of vehicles are missing as PAMA can collect the data from other brands in a local market with the help of the Engineering Development Board (EDB),” Shaikh maintained. “When it comes to the increase of EV (electric vehicles) motorbikes and rickshaws, they could not pick up momentum as per expectation of their surge in 2026 as models of EV bikes are not being finalised or set. That is why people are not switching over to EV bikes, while EV bike trend are surging in Punjab because of robust support of Punjab government due to rising smog in cities in Punjab.” Another expert Shafiq Ahmed Shaikh said the automotive sector had entered a major recovery phase in Q3 of FY2026. “January figures demonstrate an aggressive expansion across nearly all segments, driven by a sharp decline in the central bank’s policy rate to 10.5% (down from 22% in 2024). This is reflected in the near doubling of truck production and sales, indicating a surge in industrial logistics and fixed investment. Heavy vehicle demand is being fueled by fleet renewals as businesses capitalise on cheaper financing.” Car sales (as reported by PAMA) in Pakistan clocked in at 23,055 units in January 2026, marking a 43-month high, reflecting a 36% YoY and 74% MoM increase. Also read: Pakistan auto sales jump 42% in 1HFY26 Shafiq said passenger cars and 2/3 wheelers had also grown, with lower interest rates and interest free instalment schemes, which he believes revitalised auto financing and released significant pent-up demand for both entry-level and premium vehicles. About the decline in the sale of farm tractors, he said the slump could be attributed to farm economics specifically a drop in certain commodity prices, rising input costs for fertiliser and fuel, and reduced rural disposable income. “In my view, some incentives should be given to the agricultural sector, otherwise a prolonged tractor slump may eventually impact wider rural development and the economy,” Shafiq said. [...]

Gold price per tola gains Rs1,500 in Pakistan
February 10, 2026 1:38
Gold price per tola gains Rs1,500 in Pakistan

Gold prices in Pakistan increased on Tuesday in line with their gain in the international market. In the local market, gold price per tola reached Rs526,262 after a gain of Rs1,500 during the day. Similarly, 10-gram gold was sold at Rs451,184 after it increased by Rs1,286, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Monday, gold price per tola reached Rs524,762 after a gain of Rs5,300 during the day. The international rate of gold was up by $15 to reach $5,035 per ounce (with a premium of $20). Meanwhile, the price of silver remained the same at Rs8,615 per tola. [...]

KSE-100 Index sheds nearly 200 points in volatile trading
February 10, 2026 12:46
KSE-100 Index sheds nearly 200 points in volatile trading

The Pakistan Stock Exchange (PSX) closed marginally lower on Tuesday, with the benchmark index closing with a loss of nearly 200 points as investors remained cautious amid the absence of fresh triggers. During the trading session, the market witnessed intra-day volatility, touching a high of 183,216 points and a low of 181,499 points, reflecting a range-bound trading. At close, the KSE-100 Index settled at 182,153.55, a decrease of 186.83 points or 0.10%. “The local bourse blew hot and cold in today’s session as bulls failed to sustain early momentum,” brokerage house Topline Securities said in its post-market report. Heavyweight selling weighed on the index, with HBL, TRG, KEL, AKBL, and BAFL jointly knocking off 461 points. Select buying in ENGROH, LUCK, FFC, and HUBC provided some cushion, contributing 738 points, though not enough to reverse the trend, it added. The inflow of overseas workers’ remittances into Pakistan stood at $3.46 billion in January 2026, the State Bank of Pakistan (SBP) data showed on Tuesday. Remittances increased by nearly 15.4% year-on-year (YoY), compared to $3.0 billion recorded in the same month last year. Monthly remittances were down 4% from $3.59 billion in December. Pakistan’s economic outlook remains vulnerable to a range of domestic and external risks, the SBP said on Monday, calling for sustained policy discipline and deep structural reforms. On Monday, PSX remained under pressure as sustained institutional selling, weakness in index-heavy stocks, and technical adjustments pushed indices lower. The benchmark KSE-100 Index closed lower by 1,789.20 points, or 0.97%, settling at 182,340.38 points. Internationally, Asian stocks advanced for a second day in early trading on Tuesday, led by an extended rally in Tokyo’s benchmark after Japanese Prime Minister Sanae Takaichi’s decisive election victory over the weekend. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.7%, while the Nikkei 225 jumped 2.8%, rising for a third consecutive day to a fresh peak. The yen also strengthened for a second day. US equity futures cooled after a two-day rally, with S&P 500 e-mini futures down 0.1%, partially retracing gains on Wall Street overnight. On Monday, the S&P 500 rose 0.5%, and the Nasdaq Composite gained 0.9% as technology stocks found their footing following last week’s AI-sparked selloff. With several critical US economic reports due for release this week, including delayed payrolls data, White House economic adviser Kevin Hassett said on Monday that job gains could be lower in the coming months as the Trump administration’s immigration policies slow labour growth and new AI tools boost productivity. Volume on the all-share index increased to 1,062.31 million from 931.36 million recorded in the previous close. The value of shares declined to Rs37.88 billion from Rs58.87 billion in the previous session. K.Electric was the volume leader with 253.68 million shares, followed by Cnergyico PK with 189.38 million shares, and WorldCall Telecom with 117.05 million shares. Shares of 482 companies were traded on Tuesday, of which 153 registered an increase, 280 recorded a fall, and 49 remained unchanged. [...]

Alphabet sells bonds worth $20 billion to fund AI spending
February 10, 2026 12:03
Alphabet sells bonds worth $20 billion to fund AI spending

Alphabet has sold bonds worth $20 billion in a seven-part offering stretching out to 2066, tapping the debt market to fund its surging spending on artificial intelligence infrastructure. The disclosure on Tuesday underscored Big Tech’s growing appetite for credit, in a shift away from years of relying on strong cash flows to fund investment in new technologies. The pivot has raised investor concerns as payoffs remain small from the hundreds of billions of dollars U.S. tech giants are pouring into AI. READ MORE: Alphabet hits $4 trillion valuation as AI refocus lifts sentiment Their capital expenditure is expected to total at least $630 billion this year, with most of spending focused on data-centers and the AI chips that power them. Alphabet’s announcement follows a $25 billion note sale by Oracle disclosed on February 2 in a securities filing. Last week, Alphabet said it would spend as much as $185 billion this year. [...]

India bonds get state debt sale boost
February 10, 2026 11:54
India bonds get state debt sale boost

MUMBAI: Indian government bonds snapped a two-day slide on Tuesday after a state debt sale attracted strong demand, easing some worries about underlying market appetite. The benchmark 6.48% 2035 bond yield fell over 3 basis points to 6.7246%. Bond yields move inversely to prices. Borrowing costs have remained elevated despite steep rate cuts and roughly $100 billion of bond purchases by the central bank, with supply outpacing demand. A surge in states’ borrowing has pushed up overall supply and raised long bond yields, complicating the transmission of the local central bank’s rate cuts. New Delhi will borrow a record 17.2 trillion rupees ($189.95 billion) through bonds in the fiscal year starting April 1. The borrowing calendar for the coming financial year will be key for the market, said Kruti Chheta, fund manager and fixed income analyst, Mirae Asset Investment Managers (India). “There will be value in the longer-tenor if there is shift in supply to shorter-end.” READ MORE: Indian bonds slip on heavy state debt supply, post-RBI move Demand for long-term notes has been softening, and yield premiums have risen, with banks tilting toward state debt and insurers and pension funds shifting toward equities, as per the Reserve Bank of India’s December financial stability report. The weighted-average maturity of outstanding debt and annual issuance of both central and state government debt have also risen, the report said. On Tuesday, states raised 476.2 billion rupees ($5.26 billion) via bonds at lower-than-expected cut-off yields, which boosted sentiment. The supply was higher than an initial plan and traders had been bracing for tepid demand. Rates India’s overnight index swap rates eased on Tuesday, buoyed by improved sentiment after strong demand at state debt sale. The one-year OIS rate was steady at 5.51%, while the two-year rate dropped 3.5 bps to 5.6550%. The five-year OIS rate was down 5 bps at 6.13%. [...]

Pakistan receives $3.5bn in remittances in January 2026
February 10, 2026 11:40
Pakistan receives $3.5bn in remittances in January 2026

Remittance inflow since Jan 2024 const ctx = document.getElementById('closingRatesChart').getContext('2d'); const closingRatesChart = new Chart(ctx, { type: 'line', data: { labels: [ "Jan-24", "Feb-24", "Mar-24", "Apr-24", "May-24", "Jun-24", "Jul-24", "Aug-24", "Sep-24", "Oct-24", "Nov-24", "Dec-24", "Jan-25", "Feb-25", "Mar-25", "Apr-25", "May-25", "Jun-25", "Jul-25", "Aug-25", "Sep-25", "Oct-25", "Nov-25", "Dec-25", "Jan-26" ], datasets: [{ label: 'Remittance', data: [ 2.4, 2.25, 3.0, 2.8, 3.2, 3.2, 3.0, 2.9, 2.9, 3.1, 2.92, 3.1, 3.0, 3.1, 4.1, 3.2, 3.7, 3.4, 3.2, 3.1, 3.2, 3.4, 3.2, 3.6, 3.5 ], borderColor: 'black', borderWidth: 1, fill: false, pointRadius: 3 }] }, options: { responsive: true, plugins: { legend: { display: false } }, scales: { x: { title: { display: true, text: 'Date' } }, y: { title: { display: true, text: 'Remittance' }, suggestedMax: 4.0 // Setting the highest value of the graph to 4.0 } } } }); Figures in USD Billion The inflow of overseas workers’ remittances into Pakistan stood at $3.46 billion in January 2026, the State Bank of Pakistan (SBP) data showed on Tuesday. Remittances increased by nearly 15.4% year-on-year (YoY), compared to $3.0 billion recorded in the same month last year. Monthly remittances were down 4% from $3.59 billion in December. During the first seven months of the fiscal year (7MFY26), remittance inflows stood at $23.2 billion, up from $20.9 billion in 7MFY25, a jump of 11.3%. “Remittances growth momentum is continuing on the back of higher manpower exports in previous years, lower differential in formal and informal exchange market and continuation of remittances incentive package,” said Topline Securities. “Our remittances target for FY26 is at $41 billion, up 7.5% from the FY25 level of $38 billion,” it added. Remittances play a significant role in supporting the country’s external account, stimulating Pakistan’s economic activity, and supplementing the disposable incomes of remittance-dependent households. Meanwhile, the government promotes remittances through incentives and formal channels to sustain steady growth and ensure their role in economic stability. Last year, SBP noted that since 2009, the Pakistan Remittance Initiative (PRI) has been working to enhance home remittances through formal channels in Pakistan. As a result of active engagements with financial institutions (FIs), the number of FIs on the PRI network has increased from around 25 in 2009 to more than 50 in 2024. The FIs include conventional banks, Islamic banks, microfinance banks, and Exchange Companies (ECs). Further, Electronic Money Institutions (EMIs) are also allowed to receive home remittances through banks. The number of international entities has increased from around 45 in 2009 to around 400 at present. Breakdown of remittances Overseas Pakistanis in Saudi Arabia remitted the largest amount in January 2026, sending $740 million. The amount was up 2% on a yearly basis, but down 9% compared to the $813 million sent by the expatriates in December. Inflows from the United Arab Emirates (UAE) rose by 12% on a yearly basis, from $622 million to $694 in January 2026. Remittances from the UK amounted to $572 million during January 2026, up by 2% compared to $560 million in December 2025. YoY inflows from the UK were up by 29%. Overseas Pakistanis in the US sent $295 million in January 2026, a YoY decrease of 1%, and down 2% on a monthly basis. Meanwhile, remittances from European Union (EU) countries clocked in at $480 million in January, recording a significant increase of 36% on a yearly basis. [...]

India will use more coal over the next 25 years, report says
February 10, 2026 10:49
India will use more coal over the next 25 years, report says

NEW DELHI: India’s coal consumption could more than double by mid-century before plunging sharply as the country shifts toward cleaner energy, long-term projections published by government think-tank NITI Aayog show. Under the current policy scenario - which assumes no major new decarbonisation measures - coal demand is expected to peak at 2.62 billion metric tons in 2050, more than double the current 1.26 billion. Even by 2070, industrial demand is expected to keep coal consumption at a relatively high 1.80 billion tons, the report shows. India is aiming for net-zero emissions by 2070, and under this scenario, coal consumption is expected to peak at 1.83 billion tons in 2050 before collapsing to just 161 million tons by 2070. Virtually all remaining coal use in 2070 would be limited to hard-to-abate sectors such as steel and cement and would require carbon capture, utilisation and storage to meet emissions goals, the report said. The world’s second-largest coal consumer after China relies on the fuel for nearly three-quarters of its power generation, and aims to ramp up its coal power capacity to 307 GW by 2034-35 from 212 GW now to meet forecast electricity demand. The report warns that coal will remain essential in the near term to back up rising solar and wind power capacity and balance the grid. In order to shift away from coal, India will require large-scale battery storage, growth in nuclear energy, grid expansion, and lower costs of clean technologies, the report said. Even if coal power plants continue to operate, many of them will run less often and will be used mainly to handle peak electricity demand or emergencies, the report added. [...]

Indian Rupee shored up by modest inflows, weaker dollar
February 10, 2026 10:45
Indian Rupee shored up by modest inflows, weaker dollar

MUMBAI: The Indian rupee strengthened slightly on Tuesday, supported by likely portfolio inflows and broad-based weakness in the U.S. dollar, although demand for dollars from local corporates kept a lid on the rise. The Indian rupee closed at 90.5775 per dollar, up 0.2% on the day, but remained in the 90.04–90.84 range it has hovered insince the U.S.-India trade deal was announced a week ago. Dollar sales from foreign banks, likely on behalf of custodial clients, helped the rupee advance, alongside a broader inclination to sell the dollar-rupee at the daily reference rate, traders said. “It (USD/INR) is expected to hover in a 90.20-90.80 range in the near term but over a longer horizon, the upward channel should hold for a rise past 92 perhaps after March,” a trader at a Mumbai-based bank said. The Indian rupee had declined to its record low of nearly 92 per dollar before the U.S. trade deal was announced. Since then, a pick up in foreign portfolio inflows has provided support, even as analysts remain sceptical over the sustenance of such flows. Foreign investors have net purchased Indian equities worth $1.3 billion so far this month, after three consecutive months of outflows. Other Asian currencies were mostly stronger on Tuesday, while the dollar index extended its previous session’s slide and was last at 98.8, down 0.1%. Focus will now be on U.S. employment and consumer prices reports scheduled for later this week after being pushed back slightly due to a recent three-day government shutdown. “If labour demand continues to remain weak it will keep alive expectations for the U.S. Federal Reserve to lower rates further this year,” MUFG said in a note. Money markets are currently pricing in nearly 60 bps of rate cuts by the end of 2026. [...]

India’s gold ETF inflows top equity mutual funds for the first time
February 10, 2026 10:42
India’s gold ETF inflows top equity mutual funds for the first time

Indian investors piled into gold exchange-traded funds in January as prices soared amid rising geopolitical risk, surpassing flows into equity funds for the first time, industry data showed on Tuesday. Last month saw gold climb to record high levels, double where it traded in January 2024 in dollar terms, while investors in Indian equities held back as an agreement to reduce tariffs on Indian exports to the U.S. had yet to be reached. Gold ETFs are easier to buy and hold than physical gold and India is one of the world’s biggest markets for the metal. “We saw extreme volatility in the markets in January, particularly due to U.S. government’s intervention in Venezuela and imposition of new tariffs,” said Venkat Chalasani, chief executive at Association of Mutual Funds in India (AMFI). Net inflows into Indian equity mutual funds fell 14.35% month-on-month to 240.29 billion rupees ($2.65 billion) – the second straight month of decline. India equity mutual fund inflows ease for second straight month in January Flows to gold exchange-traded funds meanwhile, more than doubled from the previous month to 240.4 billion rupees, putting them just ahead of equity flows for the first time, AMFI data showed. Systematic investment plans hold up Equity mutual funds have seen uninterrupted monthly inflows since February 2021, powered by systematic investment plans (SIPs), government reforms and supportive central bank policy. That steady domestic money has helped the market shrug off relentless foreign selling and turbo-charged a post-COVID rally in stocks. Inflows into equities through SIPs remained largely unchanged from the previous month at 310.02 billion rupees in January, the data showed. The benchmark Nifty 50 and Sensex dropped 3.1% and 3.5% in January, while the broader small-caps and mid-caps fell 4.7% and 3.4%, respectively. On the other hand, spot gold prices rose about 13% during the month, marking their sixth consecutive monthly rise. Gold falls on investor caution ahead of key US economic data Changing investor behaviour “Investor behaviour is becoming more balanced and risk-aware, with allocations gradually shifting toward stability, diversification, and valuation comfort rather than aggressive positioning in slightly riskier segments,” said Himanshu Srivastava, principal of manager research at Morningstar Investment Research India. This also reflected in a 28% rise in inflows into large-cap equity schemes at 20.05 billion rupees, while inflows into mid-cap and small-cap schemes fell 23.7% and 23.1% month-on-month to 31.85 billion rupees and 29.42 billion rupees, respectively. “Looking ahead, improving global cues following India-EU and India-U.S. trade developments, combined with stable domestic macros, should help investor sentiment improve,” said Ankur Punj, managing director – business head at Equirus Wealth. [...]

Indian shares rise for third session on signs of revival in foreign fund flows
February 10, 2026 10:36
Indian shares rise for third session on signs of revival in foreign fund flows

Indian equity benchmarks climbed for a third straight session on Tuesday, extending recent gains as early indications of a recovery in foreign portfolio inflows following a trade agreement with the United States lifted investor sentiment. The Nifty 50 rose 0.26% to 25,935.15, while the BSE Sensex added 0.25% to 84,273.92. The blue-chip indexes have gained nearly 1.2% each in the last three sessions and more than 4% in the six sessions since New Delhi and Washington announced a long-awaited trade deal. The broader small-caps and mid-caps , which gained 0.4% and 0.5% respectively on the day, have added 5.6% and 5.3% in these six sessions. “Improving sentiment around renewed foreign inflows, strength in U.S. markets, and optimism surrounding the interim India–U.S. trade framework are providing near-term support,” said Aakash Shah, technical research analyst at Choice Equity Broking. Foreign investors purchased Indian shares worth 22.55 billion rupees ($248.6 million) on Monday, provisional data showed. They have bought $1.7 billion of Indian equities so far in February, after three consecutive months of selling. Twelve of the 16 major sectors advanced on Tuesday. Auto stocks rose 1.4%, while metals added 0.8%. Elsewhere, Asian markets rose on the day, with MSCI’s broadest index for Asia Pacific stocks outside Japan climbing 0.6%, while Japanese stocks soared to a record high, still buoyed by Prime Minister Sanae Takaichi’s decisive election victory over the weekend .. Among local stocks, exchange operator BSE jumped 6.3% as higher transaction revenue drove a sharp increase in its third-quarter revenue and profit. Edelweiss Financial Services and Wakefit Innovations jumped 6.3% and 8%, respectively, on upbeat quarterly earnings, while Ramco Cements fell 3% as its December quarter results failed to impress investors. [...]

European shares flat as investors take stock of mixed earnings updates
February 10, 2026 8:53
European shares flat as investors take stock of mixed earnings updates

Europe’s benchmark share index was subdued on Tuesday as shares of BP fell after the energy giant suspended share buybacks, while gains in luxury stocks following a better-than-expected earnings update from Kering limited declines. The pan-European STOXX 600 index was flat at 621.28 points at 0815 GMT and was just a whisker away from an intra-day all-time high. BP dropped 4% after the UK company posted quarterly profit in line with analyst expectations and suspended its share buyback programme as it wrote down around $4 billion in its renewables and biogas businesses. The broader energy sector slipped 1.1%. On the flip side, luxury stocks gained 1.2%, led by a 13.5% jump in France’s Kering as investors were relieved that it reported a slightly smaller-than-expected drop in fourth-quarter sales, as new CEO Luca de Meo battles to stabilise the Gucci owner. European shares close at record high as AI worries ease Investors were also exercising caution ahead of a slew of economic data out of the U.S. this week, including pivotal inflation and jobs reports. Among others, TUI, Europe’s largest travel operator by market share, reported an operating profit above expectations for its first quarter, although concerns about weaker forward bookings sent shares down 2.8%. Sweden’s Thule gained 12.7% after the recreational equipment maker beat quarterly revenue expectations, helped by acquisitions. [...]

China stocks close higher as gains in communications sector outweigh property losses
February 10, 2026 8:48
China stocks close higher as gains in communications sector outweigh property losses

SHANGHAI: Mainland China stocks closed slightly higher on Tuesday, with gains in the communications sector outweighing losses in property shares, as trading gradually thinned ahead of the long Lunar New Year holiday. At the close, the benchmark Shanghai Composite Index rose 0.13%, while the blue-chip CSI300 Index inched higher by 0.11%. China’s onshore media stocks surge on excitement over ByteDance’s latest AI video-generation model, with the CSI media sub-index closed up 4.2% and the CSI film and TV sub-index surging 9.3%. Meanwhile, property shares fell, with the CSI real estate sub-index losing about 2%. “We sense a notable pick-up in interest in the chemicals sectors and in the A-share semi-cap equipment sector, which is benefiting from the domestic AI upcycle,” said James Wang, head of China strategy at UBS Investment Bank Research. Trading is expected to be thin this week ahead of the Lunar New Year holiday, which is the biggest festival in China. The week-long holiday runs from February 15 to 23 this year. China, HK shares bounce on surge in US, Japan stocks Turnover of onshore shares logged 2.11 trillion yuan ($305.27 billion) on Tuesday, the lowest level this year. In Hong Kong, the benchmark Hang Seng Index advanced 0.58%. Bilateral relations between the world’s two largest economies saw fresh signs of easing as U.S. President Donald Trump is set to meet Chinese President Xi Jinping in Beijing in April, Politico reported on Monday. President Xi on Monday stressed self-reliance and strength in science and technology, hailing it as the “key” in building China into a great modern socialist country, the official Xinhua news agency reported. Chinese stock exchanges announced measures on Monday to facilitate refinancing by “high-quality” listed companies to help them innovate or expand into new businesses. Separately, investors will watch upcoming economic data, including China’s January credit lending figures and U.S. employment and consumer price reports, for possible market impact. A Reuters poll predicts new loans from Chinese banks in January probably rose from the prior month to match the strong performance a year ago, supported by a stable monetary policy environment. That reflects sustained credit demand as economic recovery continues. [...]

Indian rupee seen supported by lower US yields, move past 90.50 seen unlikely
February 11, 2026 3:12
Indian rupee seen supported by lower US yields, move past 90.50 seen unlikely

MUMBAI: The Indian rupee is expected to find support at the open on Wednesday from a fall in U.S. yields, though traders said it is unlikely to rise beyond 90.50 per dollar due to persistent importer hedging. The one-month non-deliverable forward indicated the rupee will open in the 90.55-90.60 range versus the U.S. dollar, after settling 0.2% higher at 90.5775 in the previous session. The rupee halted a two-day slide on Tuesday after finding support near the 90.70–90.80 region, a level that many traders consider crucial for maintaining the upbeat momentum driven by the US-India trade deal. At the same time, traders pointed to persistent dollar demand from importers looking to hedge liabilities at current levels, with buying interest picking up further whenever the rupee rallies. “It appears to me that there are layered (dollar) bids all through 90.10 to 90.40. That underlying demand makes it difficult for the rupee to sustainably break beyond 90.50 at this stage,” a currency trader at a bank said. While the rupee advanced decisively beyond that mark in the immediate aftermath of the US–India trade deal, the move proved short-lived. The currency has been in the 90.04-90.84 range since the deal. The drop in U.S. Treasury yields and a broadly softer dollar are likely to support the rupee at the open. U.S. yields declined on Tuesday after a batch of economic data pointed to a cooling economy, potentially providing the Federal Reserve room to cut interest rates. Retail sales were flat in December, undershooting expectations, while the Employment Cost Index, the broadest gauge of labor costs, rose less than estimated, reflecting softer labor demand. “Stalling retail sales momentum at the end of 2025 highlights vulnerabilities, given the backdrop of a weak labour market and soft consumer sentiment,” ANZ Bank said in a note. [...]

Buoyant stocks pause for breath on signs of softening US consumption
February 11, 2026 3:09
Buoyant stocks pause for breath on signs of softening US consumption

SINGAPORE: Bonds jumped and a rebound in stock markets slowed down on Wednesday after softer-than-expected US retail sales figures, while a rally in the yen has extended and might be beginning to signal a shift in investor thinking since Japan’s election. Trade in Asia was lightened by a holiday in Japan and markets in Hong Kong and China opened around flat. Gold rose back above $5,000 an ounce and Treasury futures climbed a little, with the cash market closed. Benchmark 10-year U.S. Treasury yields fell nearly six basis points overnight and touched a one-month low of 4.14% after data showed a 0.1% dip in core US retail sales in December and downward revisions to November and October figures. Yields fall when bond prices rise. The S&P 500 closed 0.3% lower, as a recovery from last week’s heavy selling in software shares starts to lose momentum. Alphabet shares, which fell 1.8%, weighed on the market as the Google parent is in the midst of raising debt to fund an AI infrastructure spending spree. In Asia, S&P 500 futures were 0.2% higher, Nikkei futures rose - though the cash market was shut for a holiday - and earnings drove moves in the Australian market, which was up 1% around the middle of the day in Sydney. Commonwealth Bank of Australia shares jumped 7% as Australia’s top mortgagee posted record earnings, loan growth, held market share and lifted its dividend. Asia stocks rally as Nikkei jumps, chip sector rebounds Shares in CSL, a biotech company that makes most of its money selling blood plasma treatments for rare illnesses, dived 12% and touched eight-year lows after the company reported a fall in first-half profit and, late on Tuesday, announced the departure of its CEO. Australia’s beleaguered bourse operator, ASX, which has run into trouble with regulators as it tries to overhaul its trading technology, also announced the departure of its CEO late on Tuesday and shares were down 5.5% on Wednesday. In currency markets, a resurgent yen and a rising yuan have the dollar on the back foot. The yen , trading at 153.96 per dollar, gained nearly 1% on the greenback on Tuesday and has bounced 2% since Japan’s Prime Minister Sanae Takaichi and her ruling Liberal Democratic Party swept to a landslide election win on Sunday. Many investors had been expecting a weaker currency on nerves about how Takaichi would pay for stimulus plans. But bond markets have been surprisingly steady since her victory, stocks have soared and so some investors are rethinking assumptions. “To be long yen, you need to believe that the correlation to Nikkei will break and it becomes an unhedged ‘buy Japan’ trade,” said Brent Donnelly, a currency trader and founder of analytics firm Spectra Markets. “That’s possible. I just think the jury’s still out.” The yen also rose sharply on crosses overnight. The euro was steady at $1.1894 while the kiwi and Aussie held on above 60 cents and 70 cents, respectively. China’s yuan was steady in early trade after surging to its highest in almost three years on Tuesday, riding corporate demand for cash ahead of the Lunar New Year break. Data showed China’s consumer prices rose just 0.2% in January from the same month last year, missing expectations for a 0.4% rise and underlining the weakness of domestic demand. That supported Chinese government bond futures . Brent crude oil futures steadied at $68.80 a barrel with markets hanging on U.S.-Iran diplomacy. Bitcoin has struggled to progress beyond the $70,000 barrier and was pinned around $69,000 on Wednesday. [...]

Yen perky as Japan fiscal fears dissipate, Aussie jumps on hawkish RBA
February 11, 2026 2:59
Yen perky as Japan fiscal fears dissipate, Aussie jumps on hawkish RBA

SINGAPORE: The yen held on to solid gains on Wednesday as investors bet that Prime Minister Sanae Takaichi’s landslide election victory puts her in a strong position to pursue more fiscally responsible policies. Elsewhere, the Aussie broke above $0.71 for the first time in three years. The dollar wobbled ahead of the key US non-farm payrolls report due later on Wednesday, after a run of data overnight hinted at a softening in the world’s largest economy. The yen was up nearly 0.4% against the dollar at 153.80, building on a 1% rise in the previous session that also saw it rally against other currencies. The euro fetched 183.15 yen after a 1.2% drop on Tuesday, while sterling extended the previous day’s 1.3% fall against the Japanese currency and was down 0.28% at 210.00 . Trading was thinned in Asia due partly to a holiday in Japan. “Such a sweeping victory hands the Takaichi regime better control over the JGB bearish and the yen bearish aspects of the so-called Takaichi trade,” said Vishnu Varathan, Mizuho’s head of macro research for Asia ex-Japan. “She can have a more coherent fiscal policy… she’s definitely got a plan which is going to make numeric sense, so there should be less doubt around that. What she needed was the political capital to pull it off, without having to make multiple compromises to many parties who want to do more (stimulus).” The yen and Japanese government bonds have risen in the wake of Takaichi’s resounding win while investors have also poured into Japanese stocks in anticipation of stimulus flowing to consumers and Japan Inc. Foreign inflows into Japanese equities increase demand for the yen. Yusuke Miyairi, Nomura’s JPY FX and rates strategist, said dollar/yen could catch up with narrowing U.S.-Japan rate differentials and fall to around 150 if investors view Takaichi as becoming more fiscally responsible. Hawkish outlook The Australian dollar broke above the key $0.71 level on Wednesday for the first time since February 2023. It traded 0.7% higher at $0.7124. A top Australian central banker said on Wednesday inflation was too high and policymakers were committed to doing whatever was necessary to bring it to heel. “We have upgraded our Aussie dollar view… the end-year forecast is $0.73 from $0.69,” said Moh Siong Sim, a currency strategist at OCBC. He noted that the Reserve Bank of Australia’s rate hike last week established it as the first G10 central bank outside of Japan to do so, adding “that hawkish hike will put additional focus on whether the RBA would follow with more hikes down the road.” Markets imply around a 70% chance rates will rise to 4.10% at the RBA’s May meeting, following the release of first-quarter inflation figures. Across the Tasman Sea, the New Zealand dollar was up 0.32% at $0.6063. Waiting on payrolls Elsewhere, US jobs data was the main focus for investors on Wednesday, where expectations are for nonfarm payrolls to have risen by 70,000 in January. The unemployment rate is seen holding steady at 4.4%. Ahead of the release, the dollar was on the back foot, with the euro trading 0.14% higher at $1.1912 while sterling similarly rose 0.14% to $1.3661. Against a basket of currencies, the greenback was down 0.27% at 96.66. Overnight, the U.S. posted slower-than-expected retail sales in December, while a separate report showed growth in U.S. labour costs unexpectedly slowed in the fourth quarter. “Tonight’s non-farm payrolls for January will be more important for the FOMC policy outlook,” said Carol Kong, a currency strategist at Commonwealth Bank of Australia, in a note. “We expect the run of below consensus payrolls to continue and weigh on the USD.” White House economic adviser Kevin Hassett said on Monday that Americans could see smaller job growth numbers in the coming months due to lower population figures and higher productivity. Markets are now pricing in roughly 60 basis points worth of easing from the Federal Reserve by December, even as some policymakers said rates could remain on hold for some time. [...]

India’s equity benchmarks to open higher on earnings support, foreign inflows
February 11, 2026 2:55
India’s equity benchmarks to open higher on earnings support, foreign inflows

BENGALURU: Indian equity benchmarks are likely to open higher on Wednesday, supported by jeweller and watchmaker Titan and hospital chain Apollo Hospitals on the back of strong earnings, while foreign fund buying is also expected to lift sentiment. The Gift Nifty futures were trading at 26,050 points, as of 7:57 a.m. IST, indicating the benchmark Nifty 50 will open above Tuesday’s close of 25,935.15. The Nifty 50 and Sensex have risen nearly 1.2% in the last three sessions, driven by optimism surrounding the U.S.-India trade deal. Foreign investors bought Indian shares worth 694.5 million rupees ($7.67 million) on Tuesday, according to provisional data, in their third consecutive session of purchases. Investors are also focused on corporate earnings, with the December-quarter reporting season nearing its end. Three Nifty 50 companies - Titan, Apollo Hospitals and Eicher Motors- reported upbeat earnings for the December quarter after market hours on Tuesday. Titan reported a 61% jump in third-quarter profit, buoyed by higher average selling prices for gold jewellery and strong demand during the festive season. Apollo Hospitals Enterprise posted a bigger-than-expected rise in quarterly profit as demand for specialty care services climbed. The hospital chain forecast mid- to high-teens percentage revenue growth for the year ahead aided by its expansion plans. Automaker Eicher Motors also reported a bigger-than-expected quarterly profit, helped by strong domestic sales of its Royal Enfield motorcycles. [...]

Gold, silver climb as US yields fall on softer retail sales
February 11, 2026 2:50
Gold, silver climb as US yields fall on softer retail sales

Gold and silver prices rose on Wednesday as US Treasury bond yields fell after data showed December retail sales growth stalled, signalling a softening economy ahead of key jobs data. Spot gold edged 0.3% higher to $5,038.73 per ounce by 0059 GMT. US gold futures for April delivery gained 0.6% to $5,060.60 per ounce. Spot silver was up 1% at $81.49/oz, after falling more than 3% in the previous session. US yields fell on Tuesday after a raft of data suggested the economy may be softening, giving the U.S. Federal Reserve more cushion to cut interest rates. Falling yields reduce the cost of holding metals and often come with macro signals that favour them. US retail sales were unexpectedly unchanged in December as households scaled back spending on motor vehicles and other big-ticket items, potentially setting consumer spending and the economy on a slower growth path heading into the new year. Federal Reserve Bank of Cleveland President Beth Hammack, however, said on Tuesday that the US central bank faces no urgency to change the setting of interest rates this year amid a “cautiously optimistic” outlook for economic activity. Investors expect at least two 25-basis-point rate cuts in 2026, with the first one expected in June. Non-yielding bullion tends to do well in low-interest-rate environments. Investors await the non-farm payrolls report for January, due later in the day, and inflation data on Friday for more cues on the Fed’s monetary policy path. Indian investors piled into gold exchange-traded funds in January as prices soared amid rising geopolitical risks, surpassing flows into equity funds for the first time, industry data showed on Tuesday. Spot platinum added 0.6% to $2,098.78 per ounce, while palladium rose 0.2% to $1,712.25. [...]

Oil holds steady as US–Iran tensions provide support
February 11, 2026 2:44
Oil holds steady as US–Iran tensions provide support

SINGAPORE: Oil held steady on Wednesday, finding support as the market waited for direction while U.S.–Iran talks continued, with lingering geopolitical uncertainty helping to underpin prices. Brent crude oil futures were up 23 cents, or 0.3%, at $69.03 a barrel by 0100 GMT. US West Texas Intermediate crude rose 23 cents, or 0.4%, to $64.19. Iran’s foreign ministry spokesperson said on Tuesday that nuclear talks with the US allowed Tehran to gauge Washington’s seriousness and showed enough consensus to continue on the diplomatic track. Diplomats from Iran and the U.S. held talks in Oman last week in an effort to revive diplomacy, after U.S. President Donald Trump positioned a naval flotilla in the region, raising fears of new military action. While oil prices first eased after Oman’s foreign minister said discussions tied to the U.S.-Iran talks with Iran’s top security official were productive, hopes of a peaceful resolution were later dashed following reports that the U.S. may send a second aircraft carrier to the Middle East if talks fail, said ANZ analysts in a note. Trump said on Tuesday he was considering sending a second aircraft carrier to the Middle East, even as Washington and Tehran prepare to resume negotiations aimed at averting a new conflict. Traders are also waiting for weekly US oil inventory data from the Energy Information Administration on Wednesday. Analysts polled by Reuters estimated on average that crude inventories rose by about 800,000 barrels in the week to February 6, while distillate and gasoline inventories likely fell by about 1.3 million barrels and 400,000 barrels respectively. U.S. crude inventories rose by 13.4 million barrels in the week ended February 6, market sources said, citing American Petroleum Institute figures on Tuesday. [...]

PRA notifies appointments, transfers
February 10, 2026 11:48
PRA notifies appointments, transfers

LAHORE: Punjab Revenue Authority (PRA) Chairman Moazzam Iqbal Sipra has issued orders for large-scale appointments and transfers involving 105 officers across the authority. According to a PRA spokesperson, a formal notification has been issued for the deployment of 95 enforcement officers and 10 audit officers. As part of these postings and transfers, 40 enforcement officers have been posted in Lahore, 12 in Faisalabad, nine in Gujranwala and five in Sahiwal. Similarly, eight officers have been posted in Multan, five in Bahawalpur, five in Sargodha and three in Rawalpindi, the spokesperson added. Furthermore, nine officers have been posted to the Large Taxpayer Unit (LTU). The spokesperson stated that the induction of new officers and redistribution of staff will result in a significant enhancement of field operations and enforcement activities across the province. Copyright Business Recorder, 2026 [...]

Jam meets Cambodian counterpart ahead of second JTC session
February 10, 2026 11:48
Jam meets Cambodian counterpart ahead of second JTC session

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan on Tuesday held a pre–Pakistan–Cambodia Joint Trade Committee (JTC) bilateral meeting with Cambodian Minister of Commerce Cham Nimul ahead of the second JTC session scheduled to take place in Islamabad on February 10–11, 2026. Coordinator to the Prime Minister on Commerce Rana Ihsaan Afzal Khan was also present at the meeting. Welcoming the Cambodian delegation, the Commerce Minister noted the positive momentum in bilateral economic engagement and recalled that the inaugural JTC session was held in Phnom Penh on January 21, 2025. Both sides reaffirmed the JTC as the principal institutional forum for advancing trade, investment, and broader economic cooperation between Pakistan and Cambodia. The two ministers reviewed opportunities to expand collaboration in priority sectors including pharmaceuticals and healthcare products, textiles and value-added apparel, agriculture and agro-processing, as well as leather and light manufacturing. They agreed to enhance business-to-business engagement through chambers of commerce and sectoral associations to ensure that policy-level discussions translate into tangible commercial outcomes. Both sides also exchanged views on improving trade facilitation and strengthening logistics connectivity to reduce costs and ensure reliable supply chains. Emphasis was placed on efficient shipping and regional connectivity to support exporters, particularly in time-sensitive and high-volume sectors. Concluding the meeting, both ministers expressed confidence that the forthcoming JTC session would help identify priority sectors and practical deliverables, further strengthening Pakistan–Cambodia economic relations through sustained cooperation. Separately, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) hosted a business engagement in honour of Her Excellency Cham Nimul to promote Pakistan–Cambodia trade, investment, and private-sector linkages. Addressing a networking lunch hosted by the Islamabad Chamber of Commerce and Industry (ICCI) in honour of the Cambodian Minister and her delegation, Jam Kamal Khan highlighted Pakistan’s evolving export landscape. He cited consistent growth in pharmaceuticals, strong performance in information and communication technology (ICT), and rising value addition in the food sector. He noted that while Pakistan had limited presence in value-added food exports a decade ago, it is now witnessing significant progress across the entire food value chain. The Commerce Minister also pointed to emerging and expanding export lines, including engineering goods, home and electrical appliances, water bikes, tractors, cosmetics, and perfumes, as evidence of Pakistan’s growing industrial diversification and export maturity. Copyright Business Recorder, 2026 [...]

PJBF commended for efforts to promote stronger economic ties
February 10, 2026 11:48
PJBF commended for efforts to promote stronger economic ties

ISLAMABAD: Rana Ihsaan Afzal Khan, Coordinator to the Prime Minister on Commerce, on Tuesday held a meeting with representatives of the Pakistan–Japan Business Forum (PJBF) to explore opportunities for strengthening bilateral trade and investment ties. The meeting was attended by prominent Japanese business leaders, including Muratza Y Mandviwalla, Chairman PJBF; Itaru Nakamura, Chief Representative for Pakistan at Marubeni Corporation and Senior Vice Chairman PJBF; Syed Feroz Shah; Taishi Kawai, General Manager for Pakistan, Mitsui & Co; Koji Nishizaki, General Manager, Pakistan, Sumitomo Corporation Asia & Oceania Pte Ltd.; and Jimmy S Takeuchi, General Manager, Karachi Office, ITOCHU Corporation. Welcoming the delegation, the Coordinator to the Prime Minister commended PJBF for its continued efforts to promote stronger economic ties between Pakistan and Japan. Discussions focused on the outcomes of the 8th Pakistan–Japan Government–Business Joint Dialogue (PJGBJD), which was co-organised by the Embassy of Pakistan in Tokyo and the Japan External Trade Organization (JETRO), with the support of Japan’s Ministry of Economy, Trade and Industry (METI). Key areas discussed included opportunities for Japanese training programmes and institutional collaboration in Pakistan, compliance standards for exports, and promoting Pakistani products in the Japanese market. The Coordinator highlighted government initiatives aimed at reducing production costs, including lower electricity tariffs, enhanced support under the Export Finance Scheme (EFS), and measures to strengthen university–industry linkages. He noted that targeted support is required to improve the quality of exported products in sectors reliant on outdated technology, identifying this as a key area for reform. Strengthening business-to-business collaboration with Japanese partners, he said, would be critical to achieving higher quality and compliance standards. Reaffirming the government’s commitment to creating an enabling business environment, the Coordinator assured continued support for deepening Pakistan–Japan economic relations through sustained dialogue and joint initiatives. The meeting concluded with a shared understanding on the need to address structural challenges through closer coordination and proactive policy alignment. Copyright Business Recorder, 2026 [...]

Lesco recovers Rs165.52m from defaulters since Jan
February 10, 2026 11:48
Lesco recovers Rs165.52m from defaulters since Jan

LAHORE: The Lahore Electric Supply Company (Lesco) has made significant headway in its recovery campaign against electricity bill defaulters, recovering Rs 165.52 million since January 2026, officials said on Tuesday. According to circle-wise data, the recovery was made from 5,657 cases across Lesco’s operational areas. Of the total, an amount of Rs 78.17 million was recovered from 3,015 running cases, while a larger share of Rs 87.34 million came from 2,642 disconnected defaulter connections, indicating effective field enforcement and monitoring. The Kasur Circle emerged as the top-performing area, with recoveries amounting to Rs 59.11 million from 2,363 cases. The Northern Circle followed with Rs 35.16 million recovered from 640 cases, while the Central Circle secured Rs 34.89 million from 1,018 cases. Other circles, including Okara, Sheikhupura, Nankana, Eastern, and Southern Circles, also continued operations against defaulters as part of Lesco’s ongoing crackdown. Commenting on the progress, Lesco Chief Executive Officer Engr Ramzan Butt expressed satisfaction with the recovery performance. He said indiscriminate action against defaulters, timely disconnections, and continuous monitoring by field staff had led to a marked improvement in recoveries. The CEO directed officers to ensure daily monitoring of both running and defaulter cases, stressing that the financial burden should not be shifted to honest consumers and that full recovery from defaulters must be ensured. Copyright Business Recorder, 2026 [...]

Settlements: Capital market shifts to T+1 cycle
February 10, 2026 11:48
Settlements: Capital market shifts to T+1 cycle

KARACHI: Pakistan’s capital market has officially transitioned to a T+1 settlement cycle, marking a major structural reform aimed at improving market efficiency, reducing risk, and aligning the country’s financial system with international best practices. Effective February 9, all eligible trades executed at the Pakistan Stock Exchange (PSX) are now settled on a Trade plus one (T+1) basis, replacing the earlier T+2 settlement cycle. The transition has been implemented under the guidance of the Securities and Exchange Commission of Pakistan (SECP) through close coordination among key market institutions, including the Pakistan Stock Exchange, National Clearing Company of Pakistan Limited (NCCPL), Central Depository Company (CDC), Pakistan Stock Brokers Association (PSBA), State Bank of Pakistan (SBP), Pakistan Banks Association (PBA), Mutual Fund Association of Pakistan (MUFAP), securities brokers, custodian clearing members, asset management companies, settling banks, E-Clear, and other non-broker clearing members. With the adoption of the shorter settlement cycle, Pakistan joins a group of global markets such as the United States, Canada, Mexico, Argentina, Jamaica, and China, which have already implemented T+1 settlement. Markets in Europe, the United Kingdom, and Switzerland are expected to follow by 2027. Market officials said Pakistan’s early adoption places it ahead of several advanced economies and underscores its commitment to modernization and investor protection. The move to T+1 is expected to deliver multiple benefits, including faster access to funds and securities, improved liquidity, and reduced settlement and counterparty risk due to shorter exposure periods. Quicker trade finalization is also expected to enhance operational efficiency and strengthen investor confidence, particularly among institutional and foreign investors, contributing to a more resilient capital market. Commenting on the development, Dr Kabir Ahmed Sidhu, Chairman SECP, commended the Pakistan Stock Exchange, the Central Depository Company, and the National Clearing Company of Pakistan for the successful implementation of the new settlement framework. He said the reform brings Pakistan’s capital market at par with modern jurisdictions by accelerating trade settlement, reducing counterparty and market risks, and enhancing liquidity. He added that the adoption of the T+1 cycle would further strengthen investor confidence and align Pakistan’s capital market with evolving international standards and global best practices. Copyright Business Recorder, 2026 [...]

Saudi, US firms to partner on northeast Syria energy project
February 10, 2026 11:48
Saudi, US firms to partner on northeast Syria energy project

RIYADH: Two Saudi Arabian and three US-based firms are set to form a consortium for oil and gas exploration and energy production in northeastern Syria, according to two people with direct knowledge of the plan. Baker Hughes, Hunt Energy and Argent LNG are planning to partner with Saudi’s ACWA Power and TAQA for the project, which would cover approximately four to five exploration blocs in the northeastern region, the sources said. It would be the latest in a series of big business deals spanning Syria’s economy since former autocrat Bashar al-Assad was ousted by Islamist rebels-turned-rulers a year ago, and after the most stringent US sanctions were lifted in December. After 14 years of war, Syria’s energy infrastructure is severely damaged and requires billions of dollars of investment, which the government is seeking to secure from abroad. Argent LNG CEO Jonathan Bass confirmed that the companies expected to sign a memorandum of understanding for the project in the coming weeks. “We’re very excited to be realising the visions of US President Donald Trump and Syrian President Ahmed al-Sharaa, bringing the country forward from darkness to light,” Bass said. A spokesperson for Hunt declined to comment. Baker Hughes, ACWA Power and TAQA did not respond to emailed requests for comment. The three US-based firms had signed an MOU with the Syrian state to develop a masterplan for the country’s energy sector in July. ‘ONE SYRIAN FLAG’ Until recently, the eastern Syrian region where much of the country’s oil is traditionally produced, was held by the Kurdish-led Syrian Democratic Forces, who have now agreed to integrate into the state after being pushed back by government forces last month. Bass, an early proponent of the US lifting sanctions on Syria, said the aim was to bring Syrians together by justly sharing the country’s resources. “This new development under one Syrian flag unites the east and west, weaving the country together through economic benefits,” he said. Representatives of most of the companies held meetings in Syria with the Syrian Petroleum Company earlier this month, the sources said. SPC head Youssef Qeblawi did not respond to a request for comment. Saudi Arabia, a key backer of Sharaa’s government, announced multibillion-dollar investments in Syrian transport, infrastructure and telecoms over the weekend, and last week US energy giant Chevron signed an initial Syrian offshore gas exploration agreement, partnering with Qatari firm UCC Holding. [...]

PAAPAM announces 21st edition of PAPS 2026
February 10, 2026 11:48
PAAPAM announces 21st edition of PAPS 2026

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has officially announced the 21st edition of the Pakistan Auto Show (PAPS) 2026, Pakistan’s premier and most comprehensive automotive exhibition, scheduled to take place on 18-19-20 September 2026 (Fri-Sat-Sun) at International Expo Center Lahore. Organised by PAAPAM, the Pakistan Auto Show is widely recognised as the country’s largest and most influential automotive & parts exhibition, representing the complete mobility and automotive value chain. Over the years, PAPS has consistently recorded the highest number of exhibitors and the largest public footfall, firmly positioning itself as the flagship platform for Pakistan’s automotive industry. The theme for this edition, “Industrial Pakistan” underscores the country’s growing focus on industrialization, localization, manufacturing excellence and technological advancement. The exhibition is expected to attract a strong presence of local and international auto parts manufacturers, who will showcase innovative technologies, engineering solutions and the latest developments shaping the future of mobility. Speaking at the announcement, Salman Saleem, Convener of the PAPS 2026 Organising Committee, stated that “PAPS 2026 will serve as a key platform to drive business expansion and innovation in Pakistan’s automotive sector.” He added that the exhibition will feature extensive participation from OEMs, auto parts manufacturers and allied industries, with a strong emphasis on business collaboration, technology exchange and sustainable industry growth. Pakistan’s automotive sector is witnessing steady expansion, driven by a growing manufacturing base of Original Equipment Manufacturers (OEMs) producing cars, agriculture tractors, motorcycles, trucks and buses. The industry is also increasingly adopting modern propulsion technologies, including Internal Combustion Engine (ICE), Electric Vehicles (EVs), hydrogen technologies and alternative natural fuels. PAPS 2026 will serve as a key platform to highlight these advancements and encourage collaboration among manufacturers, technology partners and investors. The 21st editions of Pakistan Auto Show 2026 aims to strengthen industry linkages, attract foreign investment and promote Pakistan’s potential as a competitive and future-ready automotive manufacture hub. Copyright Business Recorder, 2026 [...]

Indus AI Week concludes: Ambition to position AI as pillar of economic growth comes into sharp focus
February 10, 2026 11:48
Indus AI Week concludes: Ambition to position AI as pillar of economic growth comes into sharp focus

ISLAMABAD: Pakistan’s ambition to position artificial intelligence as a pillar of economic growth and public-sector transformation came into sharp focus as the Innovation, Learning and Engagement Arena, the flagship public showcase of Indus AI Week 2026, concluded at the Pakistan Sports Complex, drawing thousands of students, startups, developers, and technology enthusiasts over two days. Organised under the auspices of the Ministry of Information Technology and Telecommunication, the Arena emerged as the most vibrant and high-impact component of Indus AI Week, hosting more than 40 specialised events and bringing together global technology leaders alongside Pakistan’s leading innovators to demonstrate real-world AI applications. The Arena featured 11 thematic pavilions, each aligned with a strategic pillar of Pakistan’s emerging AI ecosystem. The Technology and Innovation Hub served as the technical nucleus, showcasing AI startups and interactive exhibitions that enabled direct engagement between developers, international mentors, and potential investors. Public-sector digital transformation took centre stage at the GovTech and DefenceTech Pavilion, where ongoing AI initiatives within the federal bureaucracy were highlighted. Meanwhile, the AR/VR and Robotics Showcase attracted strong public interest through immersive demonstrations of autonomous systems and advanced hardware solutions. Industry collaboration and commercial deployment were underscored at the Industry Expo and Expert Talks, where global technology firms demonstrated live AI implementations, while senior Pakistani tech executives delivered keynote addresses and led expert panels on enterprise adoption and applied artificial intelligence. Innovation challenges formed a core element of the Arena’s programming. The URAAN AI Techathon challenged developers to design solutions for national-level problems, while the AI for HER Pavilion promoted gender-inclusive innovation through workshops, panel discussions, and women-led startup showcases. Human capital development remained a key focus, with the National AI Training Bootcamp providing intensive technical training to more than 1,900 participants over two days, reflecting the government’s emphasis on workforce readiness in emerging technologies. Adding a competitive and creative dimension, the Indus eSports Championship introduced professional esports to the event, offering a prize pool of PKR 4.5 million across multiple titles. The AI Wrapper Competition (AWC) rewarded developers building practical AI tools, with Axon Estate securing the top prize, while the GAME JAM saw participants complete a demanding 48-hour development sprint to produce original digital games. Startups also received direct infrastructure support through the Cloud Credit Sprint, which awarded performance-based cloud credits to high-potential ventures, enabling them to scale and deploy their solutions. Following the success of the Innovation, Learning and Engagement Arena, Indus AI Week 2026 now enters its final phase, with decentralised events scheduled at universities and technology hubs across the country, continuing through February 15, 2026. Copyright Business Recorder, 2026 [...]

Pakistan, UAE to sign CEPA: UAE enyoy
February 10, 2026 11:48
Pakistan, UAE to sign CEPA: UAE enyoy

LAHORE: Ambassador of the United Arab Emirates H.E. Hammad Obaid Ibrahim Salem Al-Zaabi said that Pakistan and the UAE are at the final stage of signing a Comprehensive Economic Partnership Agreement (CEPA), which would significantly boost bilateral trade and remove business obstacles between the two countries. He said the current trade volume of around 8 to 10 billion dollars does not reflect the true strength of relations and expressed his government’s clear directive to double this figure as soon as possible. He was speaking at the Lahore Chamber of Commerce & Industry. President LCCI Faheem Ur Rehman Saigol welcomed him, while Senior Vice President Tanveer Ahmed Sheikh, Vice President Khurram Lodhi, Executive Committee Members Rana Shoban Akhtar, Waqas Aslam, Karamat Ali Awan, Amir Saeed Mian, Manzoor Hussain Jeffery, Mohsin Bashir, Ahsan Shahid and Amir Ali were also present. In his address, LCCI President Faheem Ur Rehman Saigol said that UAE is one of Pakistan’s most important trading partners in the Middle East and a major source of remittances, which reached 7.8 billion dollars in 2024. He noted that Pakistan’s exports to the UAE stood at 2.1 billion dollars in 2024-25 while imports were around 8 billion dollars, largely consisting of petroleum products. The LCCI President said there is vast untapped potential for cooperation in renewable energy, agriculture and food processing, IT, logistics, construction, tourism, healthcare and mining. He proposed establishing dedicated display centers for Pakistani products in the UAE to utilize its status as a global re-export hub and called for stronger collaboration through trade delegations, B2B meetings and joint ventures. He assured that LCCI is ready to work closely with the UAE Embassy to build sustainable business partnerships and open new avenues of economic cooperation between the two friendly countries. The Ambassador said that UAE is rapidly shifting towards an AI-driven and digitized economy where nearly 99 percent of government services are available online. Referring to the visa process, the Ambassador said both countries are working to streamline procedures through digital systems. He appreciated the efforts of Pakistan’s Ministry of Interior and said discussions were underway with the Punjab Skilled Labour Authority to enhance cooperation in skilled workforce mobility. He emphasized that he is personally working at operational and technical levels to ensure that all signed agreements, including CEPA and other trade frameworks, are fully implemented. The Ambassador said the UAE is expanding investments in Pakistan in key sectors including infrastructure, ports, aviation, agriculture, minerals and railways. He revealed that discussions with Pakistan’s Railway Ministry are progressing and new agreements related to supply chain connectivity from northern regions to Karachi, including the possibility of a dry port, would be announced soon. He added that the Joint Business Council between the two countries is being activated and efforts are underway to hold its meeting at the earliest to enhance institutional cooperation. Highlighting UAE’s focus on IT, digital banking and innovation, he invited the Lahore Chamber to share a comprehensive document outlining challenges and investment opportunities. He assured that the UAE Embassy would seriously consider recommendations from the business community and extend full facilitation to investors from both sides. He reiterated that the Embassy remains fully accessible for business support and said special consideration would be given to visa recommendations forwarded by LCCI for genuine business cases. He said the UAE values its historic ties with Pakistan and acknowledged the major contribution of the Pakistani community to the UAE’s development, particularly in aviation and finance. He noted that the UAE economy has successfully diversified, reducing oil dependence to below 25 percent, and is pursuing ambitious export targets under its national vision. Copyright Business Recorder, 2026 [...]

AI central to improving revenue, public service delivery: finance minister
February 10, 2026 5:58
AI central to improving revenue, public service delivery: finance minister

Finance Minister Muhammad Aurangzeb on Tuesday said artificial intelligence was increasingly central to Pakistan’s efforts to improve public service delivery, strengthen revenue administration, and support evidence-based policymaking. He was speaking at a panel discussion titled “AI for Public Service Transformation and SDG Acceleration” during the National Artificial Intelligence Workshop in Islamabad. Addressing the forum, the finance minister said countries were adopting artificial intelligence at varying speeds, shaped by their economic structures and development priorities. For Pakistan, he stressed, the focus must remain on applied and practical solutions that deliver measurable gains in efficiency, transparency and productivity, rather than pursuing technology for its own sake. READ MORE: Pakistan to invest $1 billion in AI by 2030, announces PM Shehbaz Aurangzeb said AI-enabled systems were already playing a growing role in improving tax compliance, enforcement, and decision-making. He noted that the government’s ongoing tax transformation, based on reforms in people, processes and technology, was leveraging AI-driven customer relationship management systems, production monitoring tools, risk-based compliance mechanisms and faceless customer processes. “These interventions are aimed at reducing leakages, enhancing transparency and improving revenue outcomes,” he said, adding that limiting discretionary human intervention through technology was essential to curbing inefficiencies and corruption. The finance minister said AI-led systems had delivered tangible fiscal gains that would not have been possible through manual processes alone. Touching on digital assets, Aurangzeb said the establishment of the Pakistan Virtual Asset Regulatory Authority (PVARA) reflected the government’s intent to manage risks while integrating emerging technologies into the formal economy. READ MORE: Saudi Arabia eyes Pakistani talent to spearhead its technological transformation: minister Bringing such activity into a regulated framework, he said, was vital for financial stability and unlocking future economic potential. He also underscored the importance of investing in human capital and skills development to enable Pakistan’s youth to access higher-value segments of the global technology ecosystem. Advanced technologies such as blockchain and data analytics, he added, could support productivity-led growth and expand income opportunities. Concluding his remarks, Aurangzeb said artificial intelligence offered significant opportunities for Pakistan in areas including revenue mobilisation, public service delivery, and climate and population management. However, realising these benefits, he cautioned, would require clear policy direction, institutional readiness and a coordinated, whole-of-government approach to digital transformation. Federal Minister for Climate Change and Environmental Coordination Dr Musadik Malik, Federal Minister for Information Technology and Telecommunication Shaza Fatima Khawaja, and Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal were also present at the session. [...]

T20 World Cup: Farhan, bowlers power Pakistan to 32-run win over USA
February 10, 2026 5:03
T20 World Cup: Farhan, bowlers power Pakistan to 32-run win over USA

Sahibzada Farhan’s commanding 73 and a disciplined bowling performance helped Pakistan defeat the United States by 32 runs in their Group A match of the ICC Men’s T20 World Cup at the SSC Colombo on Tuesday. Batting first after being put in, Pakistan posted 190 for 9 in their allotted 20 overs. Sahibzada Farhan led the charge with an impressive 73 off 41 balls, hitting six fours and five sixes. He shared a crucial partnership with Babar Azam, who scored a composed 46 off 32 deliveries to steady the innings after early wickets. Pakistan lost momentum in the middle overs, but Shadab Khan provided late impetus with a quickfire 30 off just 12 balls. Shaheen Shah Afridi added a cameo at the end, remaining unbeaten on nine, as Pakistan finished with a strong total. READ MORE: ‘Pressure on Pakistan,’ says USA’s Mohsin ahead of T20 World Cup Clash For the USA, Shadley van Schalkwyk was the standout bowler, claiming four wickets for 25 runs, while Saurabh Netravalkar and Mohammad Mohsin picked up one wicket each. Chasing 191, the United States were restricted to 158 for 8 in 20 overs. Shubham Ranjane top-scored with an aggressive 51 off 30 balls, while Shayan Jahangir contributed 49 off 34 deliveries. Despite a brief recovery in the middle overs, the required run rate kept climbing. READ MORE: T20 World Cup: Pakistan makes winning start, defeats Netherlands by 3 wickets after thrilling match Pakistan’s bowlers maintained pressure throughout the innings. Usman Tariq was the most successful, taking 3 for 27, while Shadab Khan claimed two wickets for 26 runs. Shaheen Shah Afridi, Abrar Ahmed and Mohammad Nawaz took one wicket each. The disciplined bowling effort ensured Pakistan defended their total comfortably, sealing a comprehensive win over the USA. [...]

Bessent says US, China could have very productive relationship
February 10, 2026 4:36
Bessent says US, China could have very productive relationship

WASHINGTON: U.S. Treasury Secretary Scott Bessent said on Tuesday that the U.S. relationship with China could be very productive and welcomed Beijing as a rival. “The U.S.-China relationship now is in a very comfortable place. We are going to be rivals, but we want the rivalry to be fair,” Bessent said during an appearance at the BTG Pactual CEO Conference, held in Sao Paolo, Brazil. “We do not want to decouple from China, but we do need to de-risk.” Bessent is preparing to meet with Chinese Vice Premier He Lifeng in coming weeks ahead of a planned visit to China by U.S. President Donald Trump in April. Treasury has not given details about the timing or venue for Bessent’s meeting with He. Bessent told the conference that the U.S. was working on “retaking sovereignty” from China in strategic industries including critical minerals, semiconductors and medicines. “We’re always going to be competitors,” he said. “And I’m of the view that competition makes you better, keeps you from stagnating.”  In the long run, he said China would have to rebalance its economy, adding, “The world cannot have a situation where China persistently runs a $1 trillion trade surplus. That’s just not possible.” READ MORE: China rejects US claims of secret nuclear tests Bessent and U.S. Trade Representative Jamieson Greer spoke with He by phone in December, and both sides agreed to promote the stable development of bilateral trade and economic ties, China’s official Xinhua news agency reported at the time. Bessent last met with He in Malaysia in October, when both sides discussed a framework agreement under which Beijing agreed to defer export controls on rare earth supplies and Washington dropped a 100% U.S. tariff on Chinese goods. The U.S. Treasury Secretary has said in recent weeks that China is on track to meet its commitments under a U.S.-China trade agreement, including the purchase of 12 million metric tons of U.S. soybeans, by the end of February. [...]

Sri Lanka’s Hasaranga ruled out of T20 World Cup due to injury
February 10, 2026 4:33
Sri Lanka’s Hasaranga ruled out of T20 World Cup due to injury

Sri Lanka’s T20 World Cup campaign suffered a major setback with key spinner Wanindu Hasaranga ruled out of the rest of the tournament due to a hamstring injury, the International Cricket Council said on Tuesday. Bowling all-rounder Dushan Hemantha has been named as his replacement in the squad. The injury is a serious blow for the co-hosts, particularly after Hasaranga made a promising start to the World Cup by claiming three wickets in Sri Lanka’s 20-run victory over Ireland in their opening match. READ MORE: Pakistan post 190/9 against USA in T20 World Cup clash His absence robs Sri Lanka of one of the world’s premier T20 spinners. The 28-year-old sits fifth on the all-time list of most T20 international wickets with 154. Sri Lanka fast bowler  Eshan Malinga was ruled out of the tournament after dislocating his shoulder, with Pramod Madushan brought in as his replacement. The co-hosts face Oman in their second Group B game on Thursday. [...]

Rupee appreciates against US dollar
February 10, 2026 4:29
Rupee appreciates against US dollar

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280.07, 280.06, 280.05, 280.02, 280.01, 280.0, 279.97, 279.96, 279.95, 279.92, 279.91, 279.90, 279.87, 279.86, 279.85, 279.82, 279.81, 279.80, 279.77, 279.76, 279.75, 279.72, 279.71, 279.70, 279.67 ], borderColor: 'black', borderWidth: 1, fill: false, pointRadius: 3 }] }, options: { responsive: true, plugins: { legend: { display: false } }, scales: { x: { title: { display: true, text: 'Date' } }, y: { title: { display: true, text: 'Closing Rate' } } } } }); The Pakistani rupee posted marginal gain against the US dollar, appreciating 0.01% in the inter-bank market on Tuesday. At close, the local currency settled at 279.67, a gain of Re0.03 against the greenback. On Monday, the local unit closed at 279.70, according to the State Bank of Pakistan (SBP). The inflow of overseas workers’ remittances into Pakistan stood at $3.46 billion in January 2026, the SBP data showed on Tuesday. Remittances increased by nearly 15.4% year-on-year (YoY), compared to $3.0 billion recorded in the same month last year. Monthly remittances were down 4% from $3.59 billion in December. Moreover, the US dollar was weaker on Tuesday before the release of a slate of economic data that is expected to shape the path ahead for interest rates, while the yen firmed for the second day in the wake of Prime Minister Sanae Takaichi’s election victory. The Japanese yen strengthened to 155.24 per U.S. dollar after rising 0.8% on Monday. Verbal warnings from authorities helped strengthen the yen after the currency weakened in the immediate aftermath of the victory. The euro stood at $1.19125 after a 0.85% jump on Monday. The dollar index, which measures the greenback against six other currencies, was at 96.79, hovering near a one-week low. Oil prices, a key indicator of currency parity, were little changed on Tuesday as the market waited for direction from news on Iran and Russia and data on the US economy and US oil inventories. Brent futures rose 27 cents, or 0.4%, to $69.31 a barrel at 9:58am. EST (1458 GMT), while US West Texas Intermediate (WTI) crude rose 12 cents, or 0.2%, to $64.48. “The market is still focused on the tensions between Iran and the US,” said Tamas Varga, oil analyst at brokerage PVM. “But unless there are concrete signs of supply disruptions, prices will likely start going lower.” Inter-bank market rates for dollar on Tuesday BID Rs 279.67 OFFER Rs 279.87 Open-market movement In the open market, the PKR lost 2 paise for buying but gained 4 paise for selling against USD, closing at 280.19 and 280.71, respectively. Against Euro, the PKR lost 1.82 rupee for buying and 1.87 rupee for selling, closing at 333.30 and 336.23, respectively. Against UAE Dirham, the PKR gained 2 paise for buying and for selling, closing at 76.53 and 77.27, respectively. Against Saudi Riyal, the PKR gained 2 paise for buying and 1 paisa for selling, closing at 74.81 and 75.38, respectively. Open-market rates for dollar on Monday BID Rs 280.19 OFFER Rs 280.71 [...]

India tightens grip on social media with new three-hour takedown rule
February 10, 2026 3:37
India tightens grip on social media with new three-hour takedown rule

NEW DELHI: India’s government said on Tuesday social media companies would have to take down unlawful content within  three hours of being notified about it, tightening an earlier 36-hour timeline in what could be a compliance challenge for Meta, YouTube and X. The changes amend India’s 2021 IT rules, which have already been a flashpoint between Prime Minister Narendra Modi’s government and global technology companies. The amended rules also relaxed an earlier proposal that would have required platforms to visibly label AI-generated content across 10% of its surface area or duration, instead mandating that such content be “prominently labelled”. The new regulations will take effect from February 20. The tighter timeline marks the latest escalation in India’s efforts to control online speech, with a takedown regime that has drawn criticism from digital rights advocates and prompted clashes with companies including Elon Musk’s X. READ MORE: Modi ally proposes social media ban for India’s teens as global debate grows Facebook-owner Meta declined to comment on the changes, while X and Alphabet’s Google, which operates YouTube, did not immediately respond to requests for comment. The rules add to mounting global pressure on social media companies to police content more aggressively, with governments from Brussels to Brasilia demanding faster takedowns and greater accountability. India’s IT rules empower the government to order the removal of content deemed illegal under various laws, including those related to national security, public order and sexual offenses. The country has issued thousands of takedown orders in recent years, according to platform transparency reports. [...]

US stocks move sideways after lackluster data
February 10, 2026 3:27
US stocks move sideways after lackluster data

NEW YORK: Wall Street stocks moved indecisively early Tuesday, digesting downcast US retail sales data and mixed corporate earnings. US retail sales showed no growth in December, according to delayed government data, missing analysts’ expectations and adding to worries about the economy. The report could bolster the odds of additional Federal Reserve cuts, which investors should balance “with the possibility of an economic slowdown,” said CFRA Research’s Sam Stovall. About 10 minutes into trading, the Dow Jones Industrial Average was up 0.3 percent to 50,305.63. READ MORE: US stocks steady ahead of key economic data The broad-based S&P 500 was flat at 6,964.15, while the tech-rich Nasdaq Composite Index declined 0.2 percent to 23,197.19. Tuesday’s retail sales report will be followed in the coming days by employment and inflation data. Among companies reporting results, Coca-Cola dropped 0.8 percent, while Marriott International surged 8.6 percent. [...]

Pakistan car sales jump 43% YoY in first seven months of FY26
February 10, 2026 3:12
Pakistan car sales jump 43% YoY in first seven months of FY26

Car sales in Pakistan increased by 43% year-on-year (YoY) to 111,377 units in the first seven months of the fiscal year 2025-26 (FY26), showed Pakistan Automotive Manufacturers Association (PAMA) on Tuesday. Car sales (including LCVs, Vans, and Jeeps) stood at 77,686 units in 7MFY25. In January 2026, car sales in Pakistan clocked in at 23,055 units, marking a 43-month high, reflecting a 36% YoY and 74% MoM increase. “There are two reasons for the increase in sales of all vehicles; a decrease in interest rate set by the State Bank of Pakistan (SBP) and light-and-small industry improved performance following a boost in auto sales,” auto analyst Mashood Khan said. “If better financing policy including a further fall in the interest rate was formed, auto sales could skyrocket to 250,000 units in the coming year,” he maintained. Car sales in Pakistan are likely to touch 170,00o-180,000 units in the current fiscal year. Also read: Localisation key to making cars affordable for Pakistan’s middle class: experts “Car sale benchmark touched almost 230,000 in 2021-2022, while cars were sold in more than 230,000 units in 2017-2018. The sales still lagged behind those past figures, but this augurs well that the sales are gaining momentum in comparison with the last year,” he said. PAMA data showed massive increases in the sales of overall all two-three-and-four wheelers. Sales of trucks and buses soared by 91% to 4,633 units. Motorcycles and rickshaws also increased by 32% to 1,103,356 units. However, sales of farm tractors slid by 23% to 15,434 units. Car and motorcycle expert Muhammad Sabir Shaikh said there was a five-year gap after the Covid-19 pandemic when people avoided purchasing new vehicles or changing old cars due to poor economic conditions. “Now, with better economic conditions, people are buying new vehicles and changing old cars. People are turning to new purchases, which are boosting sales for a couple of months in the country. “Sales of both two, three, and four wheelers are skyrocketing as the PAMA shared data of a few brands which are its members only. Around 30-40% data of vehicles are missing as PAMA can collect the data from other brands in a local market with the help of the Engineering Development Board (EDB),” Shaikh maintained. “When it comes to the increase of EV (electric vehicles) motorbikes and rickshaws, they could not pick up momentum as per expectation of their surge in 2026 as models of EV bikes are not being finalised or set. That is why people are not switching over to EV bikes, while EV bike trend are surging in Punjab because of robust support of Punjab government due to rising smog in cities in Punjab.” Another expert Shafiq Ahmed Shaikh said the automotive sector had entered a major recovery phase in Q3 of FY2026. “January figures demonstrate an aggressive expansion across nearly all segments, driven by a sharp decline in the central bank’s policy rate to 10.5% (down from 22% in 2024). This is reflected in the near doubling of truck production and sales, indicating a surge in industrial logistics and fixed investment. Heavy vehicle demand is being fueled by fleet renewals as businesses capitalise on cheaper financing.” Car sales (as reported by PAMA) in Pakistan clocked in at 23,055 units in January 2026, marking a 43-month high, reflecting a 36% YoY and 74% MoM increase. Also read: Pakistan auto sales jump 42% in 1HFY26 Shafiq said passenger cars and 2/3 wheelers had also grown, with lower interest rates and interest free instalment schemes, which he believes revitalised auto financing and released significant pent-up demand for both entry-level and premium vehicles. About the decline in the sale of farm tractors, he said the slump could be attributed to farm economics specifically a drop in certain commodity prices, rising input costs for fertiliser and fuel, and reduced rural disposable income. “In my view, some incentives should be given to the agricultural sector, otherwise a prolonged tractor slump may eventually impact wider rural development and the economy,” Shafiq said. [...]

India calls Pakistan a “quality” side ahead of high-voltage Colombo showdown
February 10, 2026 2:51
India calls Pakistan a “quality” side ahead of high-voltage Colombo showdown

NEW DELHI: India assistant coach Ryan ten Doeschate said Tuesday it would be “a challenge” to face a “quality” Pakistan team in Colombo after Islamabad’s decision to play the blockbuster T20 World Cup clash. The Pakistan government late Monday ended a week-long stand-off by rescinding its order for the cricket team to boycott the February 15 match. “It’s great that the game is back on, we kind of never changed the preparation,” said India assistant coach. India will face a second Group A match against Namibia on Thursday in New Delhi before flying to Sri Lanka. It means a quick turnaround for Sunday’s match, the biggest and most lucrative clash in world cricket. “It’s going to be a challenge going to Colombo where Pakistan have been for the last two weeks,” added Ten Doeschate. “We are delighted to have another chance to play against a quality side in the first phase of the tournament. “We are fully focused on just bringing our best game to that fixture.” Pakistan’s decision to go ahead with the match was hailed Tuesday as an outbreak of “good sense” and “good for cricket”. A frantic weekend of negotiations saw International Cricket Council (ICC) and Bangladesh Cricket Board (BCB) chiefs fly to Lahore on Sunday for talks with the Pakistan Cricket Board (PCB). The governments of Bangladesh and Sri Lanka both wrote to the Islamabad government on Monday urging it to change its stance and allow the game to go ahead. After “multilateral discussions, as well as the request of friendly countries, the Government of Pakistan hereby directs the Pakistan National Cricket Team to take the field on February 15”, the Islamabad government said on its official X account late Monday night. The decision had been taken with the aim of “protecting the spirit of cricket”, it added. ‘Good for cricket’ Former India cricketer Madan Lal told AFP on Tuesday that it was “good for cricket”. “We want strong teams to play so that the charm of the World Cup is not lost,” he added. Sri Lanka, who will host the match which generates multi-millions of dollars in advertising, broadcast rights, sponsorship and tourism, also praised the decision. Sri Lankan President Anura Kumara Dissanayake, in a social media post, thanked Pakistan’s Prime Minister Shehbaz Sharif for “ensuring the game we all love goes on”. Veteran Indian journalist Pradeep Magazine told AFP “good sense has prevailed on all sides”. Financial considerations would have been taken into account, he added. “Everyone realised that losing the revenue from an India-Pakistan match would have been a loss-loss situation for all ICC member nations.” The 20-team tournament has been overshadowed by an acrimonious political build-up. Bangladesh, who refused to play in India citing security concerns, were replaced by Scotland. As a protest, the Pakistan government ordered the team not to face co-hosts India in the Group A fixture. Pakistan, who edged out Netherlands in the tournament opener on Saturday, would have conceded two points if they had forfeited the match. Pakistan will play all their T20 World Cup matches in Sri Lanka as part of an International Cricket Council deal that ensures the two nations only meet on neutral territory. India captain Suryakumar Yadav said on Friday before their opening win against the USA that his team would travel to Colombo for the clash, whether the game was on or not. “We haven’t said no to playing them,” Suryakumar said. “Our flights are booked and we are going to Colombo.” [...]

Peshawar Zalmi appoint Misbah-ul-Haq as batting coach for PSL 11
February 10, 2026 2:47
Peshawar Zalmi appoint Misbah-ul-Haq as batting coach for PSL 11

Peshawar Zalmi on Tuesday announced the appointment of former Pakistan captain and Test cricketer Misbah-ul-Haq as the team’s batting coach for the upcoming HBL Pakistan Super League (PSL) season 11. The franchise confirmed the development through an official statement, marking Misbah’s return to Zalmi — a team he previously represented as a player. Known for his calm temperament, technical expertise and deep understanding of the game, Misbah brings with him vast experience of leadership at the highest level. The franchise believes his inclusion in the coaching staff will play a key role in enhancing the batting unit’s performance ahead of the new season. Read More: PSL 11: Islamabad, Karachi, Quetta and Peshawar unveil retained players Misbah, one of Pakistan’s most successful cricketers, is widely respected for his strategic acumen and methodical approach to batting. His transition from donning the Zalmi jersey on the field to guiding the next generation from the dugout has been termed a significant boost for the franchise’s preparations. Commenting on the appointment, Peshawar Zalmi Chairman Javed Afridi said the franchise was proud to welcome Misbah back in a coaching role. “We are delighted to have Misbah-ul-Haq rejoin Peshawar Zalmi as our batting coach. He has previously represented Zalmi and understands the spirit and culture of this franchise. His outstanding career, leadership experience and sharp cricketing insight will be invaluable in guiding our batting lineup and elevating the team’s performance in PSL 11,” Afridi said. The appointment further strengthens Peshawar Zalmi’s coaching setup as the franchise continues to focus on high-performance standards, strategic development and maintaining a competitive edge in the league. The PSL 11 is scheduled to begin later this month, with franchises finalising their squads and support staff ahead of the tournament. [...]

PM Shehbaz felicitates Raqami Bank on becoming Pakistan’s third licensed digital retail bank
February 10, 2026 2:16
PM Shehbaz felicitates Raqami Bank on becoming Pakistan’s third licensed digital retail bank

Prime Minister Muhammad Shehbaz Sharif on Tuesday congratulated Raqami Islamic Digital Bank (RIDB) on becoming Pakistan’s third licensed digital retail bank, expressing confidence that the institution would contribute to financial inclusion, innovation, and Shariah-compliant banking in the country. Raqami Islamic Digital Bank, which identifies itself as Pakistan’s first shariah compliant digital bank, 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 in January. 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. Addressing the concluding session of the licensing ceremony, the premier termed the granting of a commercial licence to Raqami Islamic Digital Bank a major milestone in Pakistan’s evolving financial sector and a significant step toward deepening Pakistan-Kuwait bilateral economic cooperation, APP reported. “The digital Islamic banking would play a key role in modernising Pakistan’s financial ecosystem while remaining aligned with Islamic principles,” he said. READ MORE: PM Shehbaz inaugurates Mashreq Digital Bank, calls it ‘milestone’ for Pakistan’s economy The prime minister said that strong political relations must be complemented by robust economic engagement, stressing that sustainable partnerships cannot flourish without trade, investment, and financial collaboration. “Pakistan and Kuwait are brotherly countries bound by decades of strong cultural, political, and people-to-people relations,” Prime Minister Shehbaz said, adding, “It is now time to further strengthen our economic and investment ties so that this relationship grows from strength to strength.” Speaking on the occasion, the Kuwaiti ambassador congratulated the Raqami team and described the licensing of the digital bank as a practical manifestation of the deep-rooted brotherly relations between Pakistan and Kuwait. He said Kuwait’s leadership had consistently supported Pakistan and was keen to further expand cooperation in trade, investment, and financial services. Chairman of the Board of Directors of Raqami Islamic Digital Bank, Abdullah Al-Mutari, thanked the government of Pakistan and the State Bank of Pakistan for their support and presented a commemorative memento to PM Shehbaz to mark the occasion. Raqami Islamic Digital Bank CEO Omer Ajaz said the bank would offer fully Shariah-compliant digital banking services designed to enhance accessibility, efficiency, and customer experience, while supporting Pakistan’s broader financial inclusion agenda. The ceremony was attended by Ambassador of Kuwait to Pakistan Nassar Abdul Rahman Jasser, the acting governor of State Bank of Pakistan, senior government officials, and executives from the banking and financial sector. [...]

New Zealand openers smash T20 World Cup record in 10-wicket rout of UAE
February 10, 2026 1:12
New Zealand openers smash T20 World Cup record in 10-wicket rout of UAE

New Zealand’s openers Tim Seifert and Finn Allen rewrote the Twenty20 World Cup record books on Tuesday, pummelling the United Arab Emirates’ bowling attack in a stunning 10-wicket victory in Chennai. The duo chased down UAE’s competitive target of 174 with more than four overs to spare, their unbeaten partnership of 175 eclipsing the record for the highest stand for any wicket at the men’s T20 World Cup. Seifert finished unbeaten on 89 and Allen 84 as New Zealand romped home in just 15.2 overs to top Group D with a display of power-hitting that left UAE’s bowlers shell-shocked. New Zealand raced to 78-0 in the opening powerplay, with Seifert and Allen dispatching the ball to all corners of the ground. Although spinner Haider Ali managed to stem the flow with just eight runs from his first two overs, fast bowlers Muhammad Rohid and Junaid Siddique had no such luck as the openers attacked them when they bowled length deliveries. READ MORE: South Africa open T20 World Cup campaign with Canada thrashing Seifert reached his half-century in 23 balls – his second fifty of the tournament after his 65 against Afghanistan – and Allen matched him stride for stride as the pair guided New Zealand to the finish line. The demolition job was completed in emphatic fashion when Seifert smashed a six down the ground. Waseem’s heroics with the bat Earlier, UAE captain Muhammad Waseem had given his team hope with an unbeaten 66 after winning the toss. Despite losing opener Aryansh Sharma early when he skied a short Jacob Duffy delivery to long leg, Waseem and Alishan Sharafu rebuilt with a 107-run partnership off 77 balls. The pair scored runs to all corners of the ground, especially behind the wicket when they used the bowlers’ pace to clear the infield and find the boundary. Sharafu made 55 before falling to a spectacular boundary catch, where Mark Chapman leapt into the air and caught the ball but as he fell over the boundary he quickly tossed it into the hands of Glenn Phillips. Waseem reached his fifty in 37 balls and Phillips conceded 27 runs in the 18th over, but New Zealand stemmed the flow of runs with three wickets at the death to restrict UAE to 173-6. [...]

Spotify says active users up 11 percent in fourth quarter to 751mn
February 10, 2026 1:06
Spotify says active users up 11 percent in fourth quarter to 751mn

STOCKHOLM: Music streaming giant Spotify said Tuesday that its number of monthly active users reached 751 million at the end of its fourth quarter, with the number of premium paying subscribers reaching 290 million. In the fourth quarter, the company said it added “a record 38 million” monthly active users (MAUs), beating its projections of 32 million. “It’s incredible to think that we now serve over three-quarters of a billion people around the world,” co-chief executive Alex Norstrom said in a statement. Norstrom said that in the fourth quarter, Spotify “met or exceeded guidance across all key metrics”. Spotify founder Daniel Ek left the role as CEO at the start of 2026, handing over the reins to co-CEOs Norstrom and Gustav Soderstrom. READ MORE: Spotify flags price rises as it introduces new services, FT reports But Ek retains an active role in the management as executive chairman. The addition of nine million paying subscribers also exceeded the company’s guidance by one million, it said. Spotify also reported a fourth-quarter revenue of 4.5 billion euros ($5.4 billion), up seven percent compared to the same period a year earlier. For the full year of 2025, it reported a revenue of 17.2 billion euros. Net profit for the fourth quarter was 1.2 billion euros, up from 367 million euros a year earlier. Looking forward, the company said it expected to reach 759 million MAUs by the end of the first quarter of 2026. [...]

UN says in talks to reestablish rights office in Venezuela
February 10, 2026 1:02
UN says in talks to reestablish rights office in Venezuela

GENEVA: The United Nations rights office said Tuesday that it is in discussions with Caracas to reestablish an office in Venezuela, two years after it was kicked out. UN rights chief Volker Turk spoke by telephone with Venezuela’s interim president Delcy Rodriguez on January 26, his spokeswoman Ravina Shamdasani told reporters in Geneva. During this discussion, Turk “offered our support to help Venezuela work on a roadmap for dialogue and reconciliation in which human rights should be at the centre” of the process, she said. Turk, she said, was eager to reopen “an office presence in the country”. To that end, he had deployed a team to Caracas for a five-day visit ending on February 4. READ MORE: US forces seize ship in Indian Ocean that fled Caribbean blockade The team met with Venezuelan authorities, as well as with numerous civil society organisations and recently-released rights defenders, as well as family members of activists who remain behind bars. “Talks are continuing on reestablishing the presence,” Shamdasani said. The rights office has been monitoring from Panama since its international staff were expelled from Venezuela in February 2024. They were asked to leave after expressing deep concern about the detention of human rights lawyer Rocio San Miguel. The prominent activist is among numerous prisoners recently released by the interim government, under US pressure. Rodriguez has released hundreds of prisoners jailed under former president Nicolas Maduro, since he was captured in a  US military operation last month. Yet families and rights groups have denounced the slow pace of releases, estimating that about 700 people are still waiting to be freed. A national assembly vote scheduled for Tuesday to grant amnesty to political dissidents and others was also suddenly postponed to an unspecified date. The amnesty law bill “is a positive step to further social cohesion, national reconciliation and coexistence”, Shamdasani said. But, she insisted, “the terms of the law must be compliant with international human rights standards”. “The legislation should encompass all individuals arbitrarily detained and be part of a broader strategy that includes reparation, accountability and legal reform.” [...]

Helicopter crashes in Libya during medical evacuation, killing 3
February 10, 2026 12:58
Helicopter crashes in Libya during medical evacuation, killing 3

TRIPOLI: A helicopter has crashed in southeastern Libya, killing a medic and two crew members carrying out a medical evacuation, state media said Tuesday. Libyan news agency LANA said the chopper went down overnight near an airbase in the Kufra region about 60 kilometres north of the border between Libya and Chad. The aircraft was attempting to evacuate a soldier who had been involved in a road accident in the desert, LANA said. The cause of the crash was not immediately known and it was unclear what happened to the injured soldier. Libyan media reports said two foreign nationals were among those on board who were killed, but this was not confirmed by authorities. READ MORE: Black box recovered from Libyan general’s crashed plane The Matan al-Sarra airbase lies in an area under the control of Libya’s Benghazi-based eastern administration led by military strongman Khalifa Haftar, but authorities in the east did not comment on the crash. Libya remains split between the eastern administration and a UN-backed government in the west led by Prime Minister Abdelhamid Dbeibah. The LANA news agency is under the control of western authorities. Libya has struggled to recover from chaos that erupted following a 2011 Arab Spring uprising that toppled and killed longtime ruler Muammar Gaddafi. [...]

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... [...]

Fugitive crypto scammer jailed for 20 years in $73m global fraud
February 10, 2026 6:39
Fugitive crypto scammer jailed for 20 years in $73m global fraud

Fugitive crypto scammer jailed for 20 years in $73m global fraudA fugitive has been sentenced to 20 years in prison over a crypto currency scam that stole more than $73 million from victims.Daren Li, described by US authorities as the central organiser of the scheme, was convicted and sentenced by... [...]

Horrifying pictures of the kidnapper of Savannah Guthrie's mother released
February 10, 2026 6:35
Horrifying pictures of the kidnapper of Savannah Guthrie's mother released

TV news host Savannah Guthrie on Tuesday released pictures of the suspected kidnapper of her mother Savannah Guthrie, expressing hope Nancy Guthrie, 84, is still alive.Taking to Instagram, Savannah shared at least four photos taken by security camers with the caption, "We believe she is still... [...]

Schoolgirl eaten alive by pigs after brutal assault by farmworker
February 10, 2026 4:55
Schoolgirl eaten alive by pigs after brutal assault by farmworker

Schoolgirl eaten alive by pigs after brutal assault by farmworkerA Russian man has been sentenced to 23 years in a strict prison colony after a teenage girl was sexually assaulted and left to die being mauled by pigs, local media reported.Igor Zykov, previously convicted of murder, attacked... [...]

Activist shocks fellow conservatives: 'Bad Bunny is winner'
February 10, 2026 3:43
Activist shocks fellow conservatives: 'Bad Bunny is winner'

Kid Rock did not beat Bad Bunny, says conservative activist Christopher RufoThe culture war, it seems, reached a fever pitch shortly after Kid Rock was announced to perform at Turning Point USA, parallel to Bad Bunny's performance at the Super Bowl halftime show.Though the numbers speak for... [...]

Minnesota man charged after $350m IRS tax scam exposed
February 10, 2026 3:38
Minnesota man charged after $350m IRS tax scam exposed

Minnesota man charged after $350m IRS tax scam exposedA Minnesota man is facing a string of federal charges after prosecutors alleged he masterminded a staggering multi-million-dollar tax refund scam.Caesar Munir Wilson has been indicted on felony counts including conspiracy to file false tax... [...]

Trump reached out to police chief investigating Epstein in 2006, records show
February 10, 2026 1:20
Trump reached out to police chief investigating Epstein in 2006, records show

Trump reached out to police chief investigating Epstein in 2006, records show/ Photo: NBCDonald Trump made a startling call to the Florida police chief investigating Jeffrey Epstein to tell him something about the disgraced financier’s alleged abuse of teenage girls.According to an FBI... [...]

San Francisco 49ers player shot near post-Super Bowl party
February 10, 2026 12:11
San Francisco 49ers player shot near post-Super Bowl party

San Francisco 49ers player shot near post-Super Bowl party. Credit: AP/Terrance Williams, fileSan Francisco 49ers defensive lineman Keion White has been shot in the ankle during an altercation outside a post-Super Bowl party in the early hours of Monday morning, according to local... [...]

Ransom deadline passes: FBI confirms 'communication blackout' in Nancy Guthrie abduction
February 10, 2026 11:49
Ransom deadline passes: FBI confirms 'communication blackout' in Nancy Guthrie abduction

Ransom deadline passes: FBI confirms ‘communication blackout’ in Nancy Guthrie abductionThe FBI has officially stated that there is no evidence of ongoing dialogue between the Guthrie family and the suspected kidnappers, claiming that “it is not aware of any continued... [...]

Piers Morgan finally breaks silence on kidnapping of Savannah Guthrie's mother Nancy
February 10, 2026 10:40
Piers Morgan finally breaks silence on kidnapping of Savannah Guthrie's mother Nancy

Savannah Guthrie has pleaded for help in finding her mom NancyOutspoken journalist Piers Morgan has finally reacted to the kidnapping case of Savannah Guthrie’s mother Nancy Guthrie as the ransom deadline passes.The US TV host whose family has been at the center of national attention for a... [...]

Lenore Taylor resigns as Guardian Australia editor after decade-long tenure
February 10, 2026 10:34
Lenore Taylor resigns as Guardian Australia editor after decade-long tenure

Lenore Taylor resigns as Guardian Australia editor after decade-long tenureLenore Taylor is stepping down as Editor-in-Chief of Guardian Australia after serving for 10 years. Credited with turning a 2013 startup into a top four national news powerhouse, Taylor’s departure marks the end of an... [...]

Epstein case: Ghislaine Maxwell invokes Fifth, refuses to testify before US Congress
February 10, 2026 9:43
Epstein case: Ghislaine Maxwell invokes Fifth, refuses to testify before US Congress

Epstein case: Ghislaine Maxwell invokes Fifth, refuses to testify before US CongressGhislaine Maxwell has refused to give any answer or testimony before the US Congress in an investigation related to the Epstein investigation. The former associate of the late convicted sex offender was due to give... [...]

Savannah Guthrie receives massive support from Reese Witherspoon, Jennifer Garner after desperate plea
February 10, 2026 8:53
Savannah Guthrie receives massive support from Reese Witherspoon, Jennifer Garner after desperate plea

Savannah Guthrie said "We believe our mom is still out there. We need your help"Fans and friends including Reese Witherspoon and Jennifer Garner have extended support to US TV host Savannah Guthrie as she makes plea at 'hour of desperation' in search for her missing mother Nancy Guthrie.The US TV... [...]

Trump nears 500 press interactions in his second term, surpassing former President Biden
February 10, 2026 6:23
Trump nears 500 press interactions in his second term, surpassing former President Biden

Trump nears 500 press interactions in his second term, surpassing former President BidenPresident Donald Trump has significantly surpassed his predecessor, Joe Biden, in media engagement from the same point in his first term. According to new data shared with The Post, Trump had at least 493... [...]

Snow forecast warns of reduced visibility and travel risks in Ontario
February 10, 2026 5:30
Snow forecast warns of reduced visibility and travel risks in Ontario

A fresh round of snow is expected to move into Ottawa on Tuesday as Environment Canada issues a special weather statement warning of changing travel conditions across parts of Ontario.The national weather agency says snowfall totals between seven and 12 centimetres are possible beginning late... [...]

Casey Wasserman says he 'deeply regrets' Ghislaine Maxwell emails after DOJ file release
February 10, 2026 5:15
Casey Wasserman says he 'deeply regrets' Ghislaine Maxwell emails after DOJ file release

LA 2028 Olympics chairman Casey Wasserman says he “deeply regrets” past correspondence with Ghislaine Maxwell after decades old emails surfaced in newly released US Department of Justice files.According to the BBC, the messages, reportedly sent in 2003, were included among millions of... [...]

کراچی، خواجہ سراؤں سے جھگڑے میں فائرنگ کرنے والے 2 اہلکار گرفتار
February 10, 2026 8:02
کراچی، خواجہ سراؤں سے جھگڑے میں فائرنگ کرنے والے 2 اہلکار گرفتار

فائل فوٹوکراچی کے علاقے الفلاح میں خواجہ سراؤں سے جھگڑے کے دوران فائرنگ کرنے والے دونوں پولیس اہلکاروں کو  گرفتار کرلیا... [...]

حنیف عباسی نے جعفر ایکسپریس دوبارہ چلنے کی خوشخبری سنادی
February 10, 2026 6:02
حنیف عباسی نے جعفر ایکسپریس دوبارہ چلنے کی خوشخبری سنادی

فائل فوٹووفاقی وزیر ریلوے حنیف عباسی نے جعفر ایکسپریس دوبارہ چلنے کی خوشخبری سنادی ہے۔جیو نیوز کے پروگرام کیپٹل ٹاک میں گفتگو کے... [...]

وزیراعلیٰ سہیل آفریدی نے اپیکس کمیٹی کے فیصلوں کی حمایت کی، امیر حیدر ہوتی
February 10, 2026 6:02
وزیراعلیٰ سہیل آفریدی نے اپیکس کمیٹی کے فیصلوں کی حمایت کی، امیر حیدر ہوتی

فائل فوٹوعوامی نیشنل پارٹی کے سینئر رہنما امیر حیدر خان ہوتی نے کہا ہے کہ وزیراعلیٰ سہیل آفریدی نے اپیکس کمیٹی میں اُن فیصلوں کی... [...]

کوشش کریں گے کہ ملک مزید بحرانوں کا شکار نہ ہو، سینیٹر علامہ ناصر عباس
February 10, 2026 6:02
کوشش کریں گے کہ ملک مزید بحرانوں کا شکار نہ ہو، سینیٹر علامہ ناصر عباس

پارلیمنٹ کے ایوان بالا میں اپوزیشن لیڈر سینیٹر علامہ راجا ناصر عباس نے کہا ہے کہ ہم کوشش کریں گے ملک مزید بحرانوں کا شکار نہ ہو۔جیو... [...]

لاہور: ڈمپنگ سائٹ سے ملنے والی ماں بیٹے کی لاشوں کی شناخت ہوگئی
February 10, 2026 5:02
لاہور: ڈمپنگ سائٹ سے ملنے والی ماں بیٹے کی لاشوں کی شناخت ہوگئی

علامتی تصویرلاہور میں ڈمپنگ سائٹ سے ملنے والی ماں اور بیٹے کی لاشوں کی شناخت کرلی گئی، پولیس نے مقدمہ درج کرکے قانونی کارروائی کا... [...]

شیری رحمان کا سینٹ سیشن لائیو اسٹریم نہ ہونے پر احتجاج
February 10, 2026 5:02
شیری رحمان کا سینٹ سیشن لائیو اسٹریم نہ ہونے پر احتجاج

فائل فوٹوپاکستان پیپلز پارٹی کی سینیٹر شیری رحمان نے سینیٹ سیشن لائیو اسٹریم نہ ہونے پر احتجاج ریکارڈ کرادیا۔پارلیمان کے ایوان بالا... [...]

بیرسٹر علی ظفر نے نیپرا اعلان کو بم قرار دیدیا
February 10, 2026 5:02
بیرسٹر علی ظفر نے نیپرا اعلان کو بم قرار دیدیا

فائل فوٹوپاکستان تحریک انصاف سینیٹر بیرسٹر علی ظفر نے نیشنل الیکٹرک پاور ریگولیٹری اتھارٹی کے اعلان کو بم قرار دیدیا ہے۔نیٹ میٹرنگ... [...]

مشال یوسفزئی کی کورم نشاندہی پر سینیٹ ارکان برہم
February 10, 2026 5:02
مشال یوسفزئی کی کورم نشاندہی پر سینیٹ ارکان برہم

پاکستان تحریک انصاف کی سینیٹر مشال یوسفزئی کی جانب سے کورم کی نشاندہی پر ارکان برہم ہوگئے۔سینیٹ اجلاس کے دوران مشال یوسفزئی نے کورم... [...]

اسلام آباد: جاپان کے قومی دن اور شہنشاہ کی سالگرہ کی تقریب، صدر مملکت کی شرکت
February 10, 2026 5:02
اسلام آباد: جاپان کے قومی دن اور شہنشاہ کی سالگرہ کی تقریب، صدر مملکت کی شرکت

فائل فوٹو۔جاپان کے قومی دن اور شہنشاہ جاپان کی 66ویں سالگرہ کی تقریب اسلام آباد میں منعقد ہوئی، جس میں صدر مملکت آصف زرداری نے بھی... [...]

سینیٹ اجلاس، آج کتنے بل اور ترامیمی بلز منظور کیے گئے؟ تفصیل سامنے آگئی
February 10, 2026 5:02
سینیٹ اجلاس، آج کتنے بل اور ترامیمی بلز منظور کیے گئے؟ تفصیل سامنے آگئی

فائل فوٹوپارلیمنٹ کے ایوان بالا نے پیکا ایکٹ، کرمنل قوانین، انسداد الیکٹرانک کرائمز اور فیملی کورٹ کے ترامیمی بلز منظور... [...]

پی ایس ایل میچز اس بار پشاور میں ہوں گے، شفیع جان
February 10, 2026 5:02
پی ایس ایل میچز اس بار پشاور میں ہوں گے، شفیع جان

فائل فوٹومشیر اطلاعات خیبر پختونخوا شفیع جان نے کہا ہے کہ پاکستان سپر لیگ کے میچز اس بار پشاور میں ہوں گے۔جیو نیوز سے گفتگو میں شفیع... [...]

پاک فضائیہ کا جنوبی زون میں جنگی تیاریوں کا شاندار مظاہرہ
February 10, 2026 4:02
پاک فضائیہ کا جنوبی زون میں جنگی تیاریوں کا شاندار مظاہرہ

پاک فضائیہ نے جنوبی زون میں جنگی تیاریوں کا شاندار مظاہرہ کیا۔ مسلح افواج کے شعبہ تعلقات عامہ آئی ایس پی آر کے مطابق سدرن... [...]

سلمان صفدر کی تاکید ہے میں کوئی بات نہ کروں، سلمان اکرم راجا
February 10, 2026 3:02
سلمان صفدر کی تاکید ہے میں کوئی بات نہ کروں، سلمان اکرم راجا

فائل فوٹوپاکستان تحریک انصاف کے مرکزی رہنما سلمان اکرم راجا نے کہا ہے کہ بانی چیئرمین سے ملنے والے سلمان صفدر نے تاکید کی ہے میں کوئی... [...]

بانی نے اگست میں کہا تھا ان کی ایک آنکھ سے دھندلا نظر آ رہا ہے، علیمہ خان
February 10, 2026 3:02
بانی نے اگست میں کہا تھا ان کی ایک آنکھ سے دھندلا نظر آ رہا ہے، علیمہ خان

علیمہ خان ۔بانی پی ٹی آئی کی ہم شیرہ علیمہ خان نے کہا ہے کہ بانی نے اگست میں کہا تھا ان کی ایک آنکھ سے دھندلا نظر آ رہا ہے۔ اڈیالہ جیل... [...]

پی ٹی آئی میرا گھر ہے، ناراضی و جھگڑے سب چلتا رہے گا، جنید اکبر
February 10, 2026 2:02
پی ٹی آئی میرا گھر ہے، ناراضی و جھگڑے سب چلتا رہے گا، جنید اکبر

جنید اکبرپاکستان تحریک انصاف کے رہنما جنید اکبر نے کہا کہ پی ٹی آئی میرا گھر ہے ناراضی، جھگڑے اور شکوے، یہ سب چلتا رہے گا۔راولپنڈی... [...]

ٹرمپ کے دوبارہ اقتدار میں ایک کرپٹو کمپنی بلندی پر
February 10, 2026 8:02
ٹرمپ کے دوبارہ اقتدار میں ایک کرپٹو کمپنی بلندی پر

امریکی صدر ڈونلڈ ٹرمپ کے دوبارہ اقتدار میں آنے کے بعد اُن کے خاندان سے وابستہ ایک کرپٹو کرنسی کمپنی نے محض 16 ماہ میں اربوں ڈالر کی... [...]

غزہ پر خطرناک ترین امریکی تھرموبیرک بموں کا استعمال
February 10, 2026 8:02
غزہ پر خطرناک ترین امریکی تھرموبیرک بموں کا استعمال

فائل فوٹوغزہ میں خطرناک ترین امریکی ممنوعہ تھرموبیرک بموں کا استعمال کیا گیا۔خلیجی میڈیا کے مطابق تقریباً 3000 فلسطینیوں کے فضا میں... [...]

لندن: افغان سیاسی پناہ گزین ملا خیل 12 سالہ لڑکی کے اغوا و زیادتی کا مجرم قرار
February 10, 2026 6:02
لندن: افغان سیاسی پناہ گزین ملا خیل 12 سالہ لڑکی کے اغوا و زیادتی کا مجرم قرار

علامتی فوٹولندن میں افغان سیاسی پناہ گزین ملا خیل کو نیویٹن میں 12 سالہ لڑکی کے اغوا و زیادتی کا مجرم قرار دے دیا گیا۔ برطانوی میڈیا... [...]

برطانیہ میں مسلسل موسلا دھار بارش، 100 کے قریب علاقوں میں سیلاب کا خطرہ
February 10, 2026 5:02
برطانیہ میں مسلسل موسلا دھار بارش، 100 کے قریب علاقوں میں سیلاب کا خطرہ

تصویر سوشل میڈیا۔برطانیہ میں مسلسل موسلا دھار بارش ہوئی ہے، جس سے ملک کے تقریباً 100 علاقوں میں سیلاب کا خطرہ پیدا ہوگیا ہے۔ لندن سے... [...]

انڈونیشیا کا فوج غزہ بھیجنے کا اعلان
February 10, 2026 10:02
انڈونیشیا کا فوج غزہ بھیجنے کا اعلان

فوٹو بشکرریہ غیر ملکی میڈیاانڈونیشیا نے امریکی صدر ڈونلڈ ٹرمپ کے امن منصوبے کے تحت غزہ میں فوج بھیجنے کا اعلان کر دیا۔اس حوالے... [...]

بنگلا دیشی انتخابات: 24 ہزار پولنگ اسٹیشنز ہائی و میڈیم رسک قرار
February 10, 2026 8:02
بنگلا دیشی انتخابات: 24 ہزار پولنگ اسٹیشنز ہائی و میڈیم رسک قرار

—تصویر بشکریہ غیر ملکی میڈیابنگلادیش میں 12 فروری کو ہونے والے انتخابات میں تقریباً 24 ہزار پولنگ اسٹیشنز ہائی و میڈیم رسک قرار دے دیے... [...]

جیفری ایپسٹین سے متعلق سچ بولنے والوں کی مدد کروں گا: ایلون مسک
February 10, 2026 8:02
جیفری ایپسٹین سے متعلق سچ بولنے والوں کی مدد کروں گا: ایلون مسک

ایلون مسک — فائل فوٹو دنیا کے امیر ترین شخص ایلون مسک کا کہنا ہے کہ جو بھی متاثرہ شخص جنسی مجرم جیفری ایپسٹین کے بارے میں سچ بولے گا... [...]

سعودی عرب اور صومالیہ کے درمیان فوجی تعاون کا معاہدہ طے پا گیا
February 10, 2026 8:02
سعودی عرب اور صومالیہ کے درمیان فوجی تعاون کا معاہدہ طے پا گیا

---تصویر بشکریہ غیر ملکی میڈیاصومالیہ اور سعودی عرب کے درمیان فوجی تعاون سے متعلق ایک اہم مفاہمتی یادداشت پر دستخط کیے گئے ہیں، یہ... [...]

پرنس ولیم اور کیٹ مڈلٹن نے ایپسٹین فائلز پر خاموشی توڑ دی
February 10, 2026 6:02
پرنس ولیم اور کیٹ مڈلٹن نے ایپسٹین فائلز پر خاموشی توڑ دی

— فائل فوٹوبرطانوی شاہی جوڑے پرنس اور پرنسس آف ویلز نے سزا یافتہ جنسی مجرم جیفری ایپسٹین کی جاری ہونے والی متنازع دستاویزات پر... [...]

ٹرانسپیرنسی انٹرنیشنل کی کرپشن پر رپورٹ میں پاکستان کا نمبر سامنے آ گیا
February 10, 2026 6:02
ٹرانسپیرنسی انٹرنیشنل کی کرپشن پر رپورٹ میں پاکستان کا نمبر سامنے آ گیا

— فائل فوٹوٹرانسپیرنسی انٹرنیشنل نے کرپشن پرسیپشن انڈیکس سی پی آئی 2025ء جاری کر دیا۔2024ء کے مقابلے میں پاکستان کا مجموعی اسکور ایک... [...]

پرنس ولیم کا دورۂ سعودی عرب اہم ترین قرار
February 10, 2026 5:02
پرنس ولیم کا دورۂ سعودی عرب اہم ترین قرار

پرنس ولیم ---فائل فوٹو برطانوی شاہی خاندان کے چشم و چراغ، مستقبل کے بادشاہ پرنس ولیم نے سعودی عرب کا اپنا پہلا سرکاری دورہ شروع کر دیا... [...]

بنگلادیش میں انتخابی مہم کا وقت ختم
February 10, 2026 4:02
بنگلادیش میں انتخابی مہم کا وقت ختم

—فائل فوٹوبنگلادیش میں 12 فروری کو ہونے والے عام انتخابات کے لیے انتخابی مہم کا وقت ختم ہو گیا ہے۔بنگلادیشی میڈیا کے مطابق اب کوئی... [...]

بھارت: 3 کم عمر بہنوں کی خودکشی، دورانِ تفتیش تہلکہ خیز انکشافات
February 10, 2026 4:02
بھارت: 3 کم عمر بہنوں کی خودکشی، دورانِ تفتیش تہلکہ خیز انکشافات

—فوٹو بشکریہ بھارتی میڈیا بھارتی ریاست اتر پردیش کے شہر غازی آباد میں گزشتہ ہفتے بظاہر والدین کی جانب سے آن لائن گیم کھیلنے پر... [...]

ڈونلڈ ٹرمپ کی مقبوضہ مغربی کنارے پر کنٹرول بڑھانے کے اسرائیلی فیصلے کی مخالفت
February 10, 2026 3:02
ڈونلڈ ٹرمپ کی مقبوضہ مغربی کنارے پر کنٹرول بڑھانے کے اسرائیلی فیصلے کی مخالفت

امریکی صدر ڈونلڈ ٹرمپ---فائل فوٹو امریکی صدر ڈونلڈ ٹرمپ کی جانب سے غزہ کے مقبوضہ مغربی کنارے کو اسرائیل میں شامل کرنے کی سخت مخالفت... [...]

جنسی اسکینڈل فائلز: ٹرمپ معافی کا اعلان کریں تو گواہی دینے کو تیار ہوں، گزلین میکسویل
February 10, 2026 2:02
جنسی اسکینڈل فائلز: ٹرمپ معافی کا اعلان کریں تو گواہی دینے کو تیار ہوں، گزلین میکسویل

فائل فوٹوکمسنوں سے زیادتی میں ملوث بدنام زمانہ امریکی جیفری ایپسٹین کی رازداں دوست گزلین میکسویل نے اراکین کانگریس سے کہا ہے کہ وہ... [...]

سونے کی قیمتوں میں آج بھی اضافہ
February 10, 2026 7:02
سونے کی قیمتوں میں آج بھی اضافہ

---فائل فوٹو ملک بھر کی صرافہ مارکیٹوں میں سونے کی قیمتوں میں اضافہ مسلسل جاری ہے۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے... [...]

پاکستان اسٹاک ایکسچینج میں مثبت رجحان
February 10, 2026 4:02
پاکستان اسٹاک ایکسچینج میں مثبت رجحان

—فائل فوٹوپاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے دوسرے دن مثبت رجحان دیکھا جا رہا ہے۔پی ایس ایکس بینچ مارک 100 انڈیکس کاروبار... [...]

دنیا میں سب سے زیادہ سونا کس ملک کے پاس ہے؟ فہرست میں پاکستان کس نمبر پر؟
February 10, 2026 4:02
دنیا میں سب سے زیادہ سونا کس ملک کے پاس ہے؟ فہرست میں پاکستان کس نمبر پر؟

— فائل فوٹوسونا بدستور عالمی سطح پر معاشی تحفظ کی بنیاد سمجھا جاتا ہے۔دنیا بھر کے مرکزی بینک اسے کرنسی میں اتار چڑھاؤ کے خلاف تحفظ... [...]

سموسے کی قیمت رمضان میں 100 روپے تک پہنچنے کا خدشہ
February 9, 2026 6:02
سموسے کی قیمت رمضان میں 100 روپے تک پہنچنے کا خدشہ

آلو سستا تو سموسہ کیوں مہنگا ہے؟ غریب کی پہنچ سے سموسہ بھی دور ہونے لگا۔ کہیں 40 تو کہیں 70 روپے میں ملنے والے سموسے کی قیمت رمضان... [...]

اسٹیٹ بینک کی زری پالیسی رپورٹ جاری، میکرو اکنامک حالات اور منظرنامے میں بہتری
February 9, 2026 1:02
اسٹیٹ بینک کی زری پالیسی رپورٹ جاری، میکرو اکنامک حالات اور منظرنامے میں بہتری

فوٹو: فائلاسٹیٹ بینک نے زری پالیسی رپورٹ جاری کردی جس کے مطابق میکرو اکنامک حالات اور منظرنامے میں بہتری آئی ہے جبکہ مالی سال 2026ء اور... [...]

پاکستان بزنس فورم کا ٹیٹرا پیک دودھ کی قیمت میں فی لیٹر 50 روپے کی فوری کمی کا مطالبہ
February 9, 2026 7:02
پاکستان بزنس فورم کا ٹیٹرا پیک دودھ کی قیمت میں فی لیٹر 50 روپے کی فوری کمی کا مطالبہ

---فائل فوٹو پاکستان بزنس فورم کی جانب سے حکومت سے دودھ کی کمپنیوں کو ریگولیٹ کرنے کا مطالبہ کیا گیا ہے۔ پاکستان بزنس فورم نے کہا ہے... [...]

پاکستانی بینکنگ سسٹم کا آؤٹ لک مستحکم، موڈیز کی ریٹنگ جاری
February 9, 2026 7:02
پاکستانی بینکنگ سسٹم کا آؤٹ لک مستحکم، موڈیز کی ریٹنگ جاری

----فائل فوٹوریٹنگ ایجنسی موڈیز نے پاکستان کے بینکنگ سسٹم کا آؤٹ لک مستحکم کر دیا۔ موڈیز نے 5 پاکستانی بینکوں کی ریٹنگ اپ گریڈ کر... [...]

سعودی عرب نے کھل کر پاکستان میں سرمایہ کاری کی خواہش ظاہر کی ہے: محمد اورنگزیب
February 9, 2026 6:02
سعودی عرب نے کھل کر پاکستان میں سرمایہ کاری کی خواہش ظاہر کی ہے: محمد اورنگزیب

وزیرِ خزانہ محمد اورنگزیب----فائل فوٹووزیرِ خزانہ محمد اورنگزیب نے کہا ہے کہ میکرو اکنامک استحکام کے بعد ہم ترقی کے لیے بہتر پوزیشن... [...]

ملک بھر میں آج سونا پھر مہنگا
February 9, 2026 5:02
ملک بھر میں آج سونا پھر مہنگا

---فائل فوٹوعام آدمی کے لیے سونا نایاب ہوگیا، ملک بھر کی صرافہ مارکیٹوں میں سونے کی قیمتوں کو پر لگ گئے۔آل پاکستان صرافہ جیمز اینڈ... [...]

پاکستان اسٹاک ایکسچینج میں مندی، 1789 پوائنٹس کی کمی
February 9, 2026 4:02
پاکستان اسٹاک ایکسچینج میں مندی، 1789 پوائنٹس کی کمی

---فائل فوٹوپاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے پہلے دن منفی رجحان دیکھا گیا۔پی ایس ایکس بینچ مارک 100 انڈیکس کاروبار کے دوران... [...]

آئی ایم ایف سے چھٹکارا پانا بے کار کی بات ہے: شبر زیدی
February 7, 2026 8:02
آئی ایم ایف سے چھٹکارا پانا بے کار کی بات ہے: شبر زیدی

شبر زیدی — فائل فوٹوسابق چیئرمین ایف بی آر و ماہرِ معیشت شبر زیدی کا کہنا ہے کہ آئی ایم ایف سے چھٹکارا پانا بے کار کی بات... [...]

سونے کی قیمت میں ایک بار پھر بڑا اضافہ
February 7, 2026 7:02
سونے کی قیمت میں ایک بار پھر بڑا اضافہ

—فائل فوٹوملک بھر کی صرافہ مارکیٹوں میں آج سونے کے بھاؤ میں ایک بار پھر بڑا اضافہ ہوا ہے۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی... [...]

پاکستان اسٹاک ایکسچینج: کاروباری ہفتے کے دوران ملا جلا رجحان رہا
February 7, 2026 4:02
پاکستان اسٹاک ایکسچینج: کاروباری ہفتے کے دوران ملا جلا رجحان رہا

—فائل فوٹوپاکستان اسٹاک ایکسچینج  میں کاروباری ہفتے کے دوران ملا جلا رجحان دیکھنے میں آیا۔کاروباری ہفتے کے دوران 100 انڈیکس 44... [...]

بجلی کے بنیادی ٹیرف میں کمی اور فکسڈ چارجز میں رد و بدل کا فیصلہ
February 6, 2026 6:02
بجلی کے بنیادی ٹیرف میں کمی اور فکسڈ چارجز میں رد و بدل کا فیصلہ

فائل فوٹو وفاقی حکومت نے بجلی کے بنیادی ٹیرف میں کمی اور فکسڈ چارجز میں رد و بدل کرنے کا فیصلہ کیا ہے، پاور ڈویژن نے وفاقی کابینہ کی... [...]

کراچی: صنعتوں اور سی این جی سیکٹر کیلئے 24 گھنٹے گیس بندش کا اعلان
February 6, 2026 10:02
کراچی: صنعتوں اور سی این جی سیکٹر کیلئے 24 گھنٹے گیس بندش کا اعلان

---فائل فوٹوکراچی میں صنعتوں اور سی این جی سیکٹر کے لیے 24 گھنٹے کی گیس بندش کا اعلان کر دیا گیا۔سوئی سدرن گیس کمپنی کے مطابق اتوار صبح 8... [...]

My brother-in-law invested $30K in our California condo. It has a 3% mortgage rate. He’s pushing me to sell. Is now a good time?
February 11, 2026 2:46
My brother-in-law invested $30K in our California condo. It has a 3% mortgage rate. He’s pushing me to sell. Is now a good time?

“We’re only breaking even because of rising HOA fees in this state.” [...]

‘I’m not made of money’: My heating engineer didn’t fix my radiators on his first visit. Do I pay him a second time?
February 11, 2026 2:20
‘I’m not made of money’: My heating engineer didn’t fix my radiators on his first visit. Do I pay him a second time?

“He charged $180 for the second visit for his time, including $40 for the part.” [...]

I’m trying to fix my relationship with my stepdaughter. Should my husband and I tell her how we have divided our assets?
February 11, 2026 2:07
I’m trying to fix my relationship with my stepdaughter. Should my husband and I tell her how we have divided our assets?

“We bought a house outright for $500,000. We each contributed $250,000.” [...]

Here’s how Apple’s stock can surge in the face of rising memory costs
February 11, 2026 1:56
Here’s how Apple’s stock can surge in the face of rising memory costs

Don’t let the global memory shortage distract you from the upcoming Apple Intelligence launch, according to Bernstein. [...]

Lyft offers $1 billion buyback, but stock is tumbling after mixed results and outlook
February 11, 2026 1:37
Lyft offers $1 billion buyback, but stock is tumbling after mixed results and outlook

CEO says Lyft will put more autonomous vehicles on the streets this year as it tries to keep up with Uber against a shaky ride-hailing and delivery backdrop. [...]

Ford’s rosier outlook for the year is reason for optimism on Wall Street
February 11, 2026 1:35
Ford’s rosier outlook for the year is reason for optimism on Wall Street

Ford Motor’s 2026 outlook gave Wall Street hope for the carmaker and trumped mixed quarterly earnings. [...]

Crypto winter hits Robinhood’s sales and stock, but CEO sees prediction-market ‘super cycle’
February 11, 2026 1:34
Crypto winter hits Robinhood’s sales and stock, but CEO sees prediction-market ‘super cycle’

Shares of Robinhood fell in after-hours trade on Tuesday, after caution on crypto trading weighed on the trading app’s fourth-quarter sales and the company forecast a big jump in spending for the year. [...]

Super Bowl LX and Bad Bunny draw huge ratings, but fall short of records
February 11, 2026 1:24
Super Bowl LX and Bad Bunny draw huge ratings, but fall short of records

Sunday’s telecast of Super Bowl LX, along with Bad Bunny’s halftime show, drew blockbuster ratings, but for the first time in five years the NFL’s biggest game fell shy of a record audience. [...]

‘I feel the clock ticking’: My wife and I are in our 60s — and employ 48 people in a small town. Can we ever retire?
February 11, 2026 1:06
‘I feel the clock ticking’: My wife and I are in our 60s — and employ 48 people in a small town. Can we ever retire?

“We could survive financially, but my people would not.” [...]

Shopify’s stock soars ahead of earnings. Why this analyst is newly upbeat.
February 11, 2026 12:10
Shopify’s stock soars ahead of earnings. Why this analyst is newly upbeat.

A MoffettNathanson analyst thinks AI could be a benefit to Shopify’s business, rather than a hinderance. [...]

S&P 500 makes history — and in doing so suggests more wild swings ahead
February 11, 2026 2:55
The median amount American workers have saved for retirement is $955
February 11, 2026 1:46
Super Bowl LX and Bad Bunny draw huge ratings, but fall short of records
February 11, 2026 1:28
Why the S&P 500 still can’t manage to close above 7,000
February 10, 2026 11:11
Taking the new Wegovy pill every day is complicated. Will patients stick to it?
February 10, 2026 10:13
Crypto caution weighs on Robinhood’s sales — and sinks its stock
February 10, 2026 9:50
Dow logs another record, but stocks end mostly lower as economic worries emerge
February 10, 2026 9:04
4 charts show why massive AI spending has started to weigh on Big Tech
February 10, 2026 8:30
Dow eyes 3rd straight record close in final hour; S&P 500 and Nasdaq slip — live
February 10, 2026 8:07
Hate your job? Here's why that's a good thing!
February 10, 2026 6:25
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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