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Pakistan

173 stories in the last 24 hours

Local time --:-- PK

Outlets we follow from Pakistan 5
  • Associated Press of Pakistan State media News
  • Business Recorder Latest
  • Dawn Business, Home, Pakistan, Sport
  • Geo News News
  • The Express Tribune Business, Home, Sport
  1. Business · Asia Dawn

    Short-term inflation clocks in at 11.21pc

    ISLAMABAD: Short-term inflation rose to 11.21 per cent year-on-year in the week ending on Nov 12, driven largely by perishable food products, according to official data released by the Pakistan Bureau of Statistics (PBS) on Friday. The index, comprising 51 items, whose prices are collected from 50 markets in 17 cities, is calculated weekly to track changes in the prices of essential commodities and services. The data showed that of the 51 essential items monitored during the week, the prices...

    • Business
    • Asia
  2. Markets · Asia Business Recorder

    Islamabad High Court suspends local government election schedule

    The Islamabad High Court (IHC) has suspended the Election Commission of Pakistan’s (ECP) notification announcing the schedule for local government elections in the federal capital, putting the December 20 polls on hold once again, Aaj News reported. Justice Omer Majid Malik on Friday issued the stay order while hearing a petition seeking a halt to the local government elections. The court suspended the election schedule, issued notices to the ECP and other relevant parties, and sought detaile...

    • Markets
    • Asia
  3. Business · Asia Dawn

    PM Shehbaz hopes Pakistan will become world's 6th largest economy 'earlier than 2050'

    Prime Minister Shehbaz Sharif on Friday expressed hope that Pakistan could become the world’s sixth-largest economy “earlier than 2050”. The premier made the remarks while addressing the Pakistan Minerals Investment Forum 2026 (PMIF26) in Islamabad, where delegations, exhibitors and attendees have arrived from across the world to attend the event. As the two-day event opened on Thursday, Pakistan showcased its vast mineral resources, ranging from coal and salt to gold and critical minerals, t...

    • Business
    • Asia
  4. Markets · Asia Business Recorder

    Microsoft outage hits Outlook, Teams and Copilot worldwide

    Microsoft’s Outlook, Teams and Copilot were still down on Friday as one of the company’s worst outages stretched beyond 12 hours, disrupting communications for businesses and governments worldwide. Microsoft blamed server problems for the outage and said it was not aware of any malicious activity. It said in its latest update on Friday that it was seeing signs of stabilization after implementing fixes more broadly to attain a persistent recovery of services. The disruption hit government agen...

  5. Conflict · Asia Dawn

    IHC suspends local government elections in Islamabad

    ISLAMABAD: The Islamabad High Court (IHC) on Friday suspended the upcoming local government elections in the federal capital, putting the Election Commission of Pakistan’s (ECP) latest election schedule on hold until the next hearing. Last week, a writ petition was filed by Chaudhry Amjad Ali, who had challenged the ECP’s short order and the subsequent election schedule , both dated Oct 21, 2026, for holding local government elections in the Islamabad Capital Territory (ICT). He argued that t...

    • Conflict
    • Asia
  6. Markets · Asia Business Recorder

    Rupee records gain against US dollar

    The Pakistani rupee continued its marginal gain against the US dollar in the inter-bank market on Friday. The local unit closed the day at 276.60, a gain of Re0.01 against the greenback. On Thursday , the rupee had closed at 276.61 against the dollar. Internationally, the US dollar held ​near a 19-month high on Friday after a strong week of gains on rising bets of ‌a larger Federal Reserve rate hike, pushing the Japanese yen back near the key 160 mark that has left traders on alert for interv...

    • Markets
    • Asia
  7. Health · Asia Associated Press of Pakistan State media

    Free Hepatitis C screening continues in federal capital

    Associated Press Of Pakistan Free Hepatitis C screening continues in federal capital ISLAMABAD, Nov 13 (APP):Free Hepatitis C screening, diagnosis and treatment facilities are being provided to citizens in the federal capital under the Prime Minister’s National Programme for the Elimination of Hepatitis C. According to an official of the Prime Minister’s National Programme for the Elimination of Hepatitis C, Ministry of National Health Services, citizens can... This post Free Hepatitis C scre...

    • Health
    • Asia
  8. Crime & Justice · Asia Associated Press of Pakistan State media

    Hazrat Ali’s (RA) life a shining example of knowledge, justice, humanity: Allama Riaz Hussain Shah

    Associated Press Of Pakistan Hazrat Ali’s (RA) life a shining example of knowledge, justice, humanity: Allama Riaz Hussain Shah RAWALPINDI, Nov 13 (APP):Patron-in-Chief of Idara Taleemat-e-Islamia Pakistan Allama Syed Riaz Hussain Shah on Friday said that the life of Hazrat Ali (RA) serves as an eternal beacon of knowledge, justice, wisdom, noble character, and humanity, emphasizing that true devotion lies in adopting his teachings in practical life. Addressing the weekly Mehfil-e-Zikr and Da...

    • Crime & Justice
    • Asia
  9. Markets · Asia Business Recorder

    Gold loses Rs4,900 per tola in Pakistan

    Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs411,636 after a decline of Rs4,900 during the day. Similarly, 10-gram gold was sold at Rs352,911 after it fell by Rs4,201, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per tola reached Rs416,536 after a decline of Rs10,900 during the day. The international rate of gold declin...

    • Markets
    • Asia
  10. Sci & Tech · Asia Associated Press of Pakistan State media

    AI Geo Navigators launches NIGRAAN at COP31 Türkiye

    Associated Press Of Pakistan AI Geo Navigators launches NIGRAAN at COP31 Türkiye ISLAMABAD, Nov 13 (APP):AI Geo Navigators, a Pakistan-based climate-tech and geospatial intelligence company, officially launched NIGRAAN (National Integrated Geo Risk Alert & Atmospheric Network) at the 31st United Nations Climate Change Conference (COP31) in Antalya, Türkiye. The launch took place at the Pakistan Pavilion under the theme “From Climate Data to Early Action: Launching NIGRAAN... This post AI Geo...

    • Sci & Tech
    • Asia
  11. Business · Asia Associated Press of Pakistan State media

    KP Secretary Tourism directs for early completion of 14 new tourists destinations

    Associated Press Of Pakistan KP Secretary Tourism directs for early completion of 14 new tourists destinations PESHAWAR, Nov 13 (APP):Secretary Department of Tourism, Culture, Archaeology and Museums Khyber Pakhtunkhwa Raja Fazal Khaliq said that instructions have been issued to accelerate measures on priority basis for promotion of tourism and culture in Khyber Pakhtunkhwa, to introduce adventure tourism at international level and to benefit youth from it to the maximum. Measures should... T...

    • Business
    • Asia
  12. Politics · Asia Associated Press of Pakistan State media

    Gilani emphasizes fair wages, youth empowerment, international collaboration for skills development

    Associated Press Of Pakistan Gilani emphasizes fair wages, youth empowerment, international collaboration for skills development ISLAMABAD, Nov 13 (APP):Chairman Senate Syed Yousaf Raza Gilani on Friday emphasised that fair wages, decent working conditions, and investment in youth development are essential to sustainable economic growth and social progress. He expressed these views during a meeting at Parliament House with a delegation from the Global Fair Pay Foundation and London Tea Exchan...

    • Politics
    • Asia
  13. Business · Asia Associated Press of Pakistan State media

    Morocco seeks stronger mining cooperation with Pakistan

    Associated Press Of Pakistan Morocco seeks stronger mining cooperation with Pakistan ISLAMABAD, Nov 13 (APP):Morocco on Friday expressed its willingness to strengthen mining cooperation with Pakistan, highlighting opportunities for partnerships, investment and the exchange of expertise in the mineral sector. Secretary General of Morocco’s Ministry of Energy Transition and Sustainable Development Mohamed Ouhmed, addressing the Pakistan Minerals Investment Forum 2026 (PMIF26), said the forum pr...

    • Business
    • Asia
    • Africa
  14. Markets · Asia Business Recorder

    Islamabad set to become Pakistan’s first fully cashless city by Dec 31

    The government has decided to make Islamabad the country’s first fully cashless city, with December 31 set as the deadline. Chairing a meeting in Islamabad, Minister of State for Interior Talal Chaudhry on Friday said consultation and suggestions of all stakeholders are important for the successful implementation of the Cashless Islamabad initiative. The minister of state said no cash payments will be accepted at any department of Islamabad Capital Territory (ICT) or the Capital Development A...

  15. Markets · Asia Business Recorder

    Indian rupee snaps rising streak on hawkish Fed, oil rise

    MUMBAI: The Indian rupee weakened this week as rising oil prices and growing expectations of a more hawkish Federal Reserve offset support from improving foreign portfolio inflows, stalling the currency’s recovery. The Indian rupee closed at 94.24, down 0.2% from its previous close and 0.3% week-on-week. A pickup in foreign portfolio flows helped lift the currency to an over six-month high earlier in the week. Overseas investors have net bought over $8 billion of Indian stocks over November s...

  17. Markets · Asia Business Recorder

    Indian stocks slip as oil, inflation cap weekly rally

    Indian share benchmarks declined on Friday, trimming weekly gains, as elevated crude prices and inflationary pressures weighed on sentiment, countering the support from sustained foreign institutional inflows. It was a turbulent week for global markets as AI bellwether Nvidia plunged following revelations of Jensen Huang’s extramarital affairs and his subsequent exit from the company, while investors also came to terms with changing US political equations. While Indian stocks gained from mark...

  18. News · Asia Geo News

    IHC suspends Islamabad LG elections schedule, issues stay order

    Front door of the Islamabad High Court building. — IHC website/ FileIslamabad has had no elected local government since February 2021.Law requires ECP to hold local polls within 120 days of term expiry.CEC accuses federal govt of seeking to sabotage Islamabad polls.<p...

  20. News · Asia Associated Press of Pakistan State media

    Ayaz lauds security forces for eliminating 74 Fitna al-Hindustan terrorists

    Associated Press Of Pakistan Ayaz lauds security forces for eliminating 74 Fitna al-Hindustan terrorists ISLAMABAD, Nov 13 (APP):Speaker of National Assembly Sardar Ayaz Sadiq on Friday paid rich tribute to the security forces for eliminating 74 terrorists belonging to Fitna al-Hindustan during successful counter terrorism operations in Balochistan and Khyber Pakhtunkhwa. In a statement, the Speaker lauded the professional expertise, operational capabilities and courage demonstrated by the se...

  21. News · Asia Associated Press of Pakistan State media

    PWW 2026 conference receives overwhelming response in Capital

    Associated Press Of Pakistan PWW 2026 conference receives overwhelming response in Capital Hina Durrani ISLAMABAD, Nov 13 (APP):Pakistan Water Week 2026, a five-day international conference, received an overwhelming response in the Capital, drawing around 350 participants in person and more than 800 online. The conference, themed “Commitments to Action: Advancing Water Security and Achieving Climate-Resilient Food Systems in Pakistan,” was organised by the International Water Management Insti...

  22. News · Asia Associated Press of Pakistan State media

    President pays tribute to forces for successful operation against terrorists in Quetta

    Associated Press Of Pakistan President pays tribute to forces for successful operation against terrorists in Quetta President of Pakistan Asif Ali Zardari on Friday paid rich tribute to the security forces for their successful operation against terrorists belonging to Fitna al-Khawarij and Fitna al-Hindustan in the Karam area of Quetta district. This post President pays tribute to forces for successful operation against terrorists in Quetta first appeared on Associated Press Of Pakistan and o...

  23. News · Asia Associated Press of Pakistan State media

    First Lady inaugurates PNWA annual grand festival 2026

    Associated Press Of Pakistan First Lady inaugurates PNWA annual grand festival 2026 ISLAMABAD, Nov 13 (APP):First Lady Bibi Asifa Bhutto Zardari on Friday inaugurated the Pakistan Navy Women Association (PNWA) Annual Grand Festival 2026 Begum Chief of the Naval Staff, Fouzia Naveed, received the First Lady and briefed her on the activities and welfare initiatives of PNWA. The first lady visited various stalls displaying handicrafts and household... This post First Lady inaugurates PNWA annual...

  24. Markets · Asia Business Recorder

    Henry tears India top order apart as New Zealand romp to 244-run win

    MOUNT MAUNGANUI: Matt Henry produced a scintillating opening over to remove Rohit Sharma, Virat Kohli and Shreyas Iyer all without scoring as New Zealand thrashed a ragged India by 244 runs in the fourth ODI at Mount Maunganui on Friday. The fast bowler took a career-best 6-27 and Will Young struck a century as the hosts pulled the series back to 2-1 down with a game to play this Sunday. Henry tore India’s much-vaunted top order apart with the visitors, needing a massive 334 for victory, roll...

  25. News · Asia Dawn

    Islamabad to become country's first fully cashless city by year-end

    ISLAMABAD: The government has decided to make the federal capital the country’s first fully cashless city, setting Dec 31 as the deadline for the transition. The decision was taken at an important meeting on the Cashless Capital project chaired by State Minister for Interior Tallal Chaudry, in Islamabad on Friday, according to an official statement by the Ministry of Interior on X. Speaking on the occasion, Chaudhry said consultation and suggestions from all stakeholders were important for th...

  26. News · Asia Dawn

    Copper, gold deposits identified at eight sites in Balochistan’s Chagai district: mining company

    ISLAMABAD: Mining company National Resources Limited (NRL) on Friday announced that it had identified copper and gold deposits at eight sites in Balochistan’s Chagai district, following nearly 25,000 metres of drilling that yielded encouraging results. The company is now moving towards its first estimate of the area’s mineral resources. One of the drill holes revealed a 295-metre stretch of mineral deposits containing 0.43 per cent copper and 0.13 grams of gold per tonne. Within this, a 132-m...

  27. Markets · Asia Business Recorder

    Beardman, Marsh lead Australia to crushing win over England

    PERTH: Mahli Beardman took 6-24 on debut before Mitchell Marsh smashed a 29-ball 50 as Australia crushed England by seven wickets in the first ODI in Perth on Friday. After Marsh won the toss and chose to bowl, 21-year-old Beardman tore through the England batting as the visitors slumped to be all out for 131 off just 33.4 overs. Marsh then put the game beyond doubt with a devastating half-century, hitting four boundaries and clearing the fence another four times to the delight of his home cr...

  28. News · Asia Dawn

    Delhi overtakes Lahore as world's most polluted major city as air quality deteriorates

    India’s capital, Delhi, overtook Lahore to become the world’s most polluted city on Friday, with air quality reaching hazardous levels and visibility dropping as smog blanketed the city of 20 million people. Earlier, Delhi’s air quality index (AQI) stood at 334, categorised as “hazardous”, making it the most polluted major city globally, according to Swiss air quality monitoring group IQAir , which measures pollution levels based on the concentration of pollutants. An AQI reading of up to 50...

  30. All sport · Asia Dawn

    Beardman, Marsh lead Australia to crushing win over England

    Mahli Beardman took 6-24 on debut before Mitchell Marsh smashed a 29-ball 50 as Australia crushed England by seven wickets in the first ODI in Perth on Friday. After Marsh won the toss and chose to bowl, 21-year-old Beardman tore through the England batting as the visitors slumped to be all out for 131 off just 33.4 overs. Marsh then put the game beyond doubt with a devastating half-century, hitting four boundaries and clearing the fence another four times to the delight of his home crowd. Ea...

  31. Conflict · Middle East Euronews

    IRGC says it destroyed US radar in Bahrain after attack on southern Iran

    Despite rising military tensions, diplomatic efforts mediated by Qatar and Pakistan are continuing. Tehran has made any resumption of formal negotiations with Washington conditional on its demands being met.

    • Conflict
    • Politics
    • Middle East
  33. All sport · Asia Dawn

    Babar Azam fails again with Pakistan 151-5 in first Sri Lanka Test

    Babar Azam’s century drought continued as Sri Lanka pushed hard for victory over Pakistan in the weather-hit first Test in Rawalpindi on Friday. The tourists took four wickets in bad light in the morning as Pakistan reached 151-5 at lunch on the fifth and final day, leading by 139 runs with five wickets in hand. At the break Saud Shakeel was unbeaten on 23 and Ghazi Ghori seven not out after a 20-minute break due to bad light halted Sri Lanka’s push for a 1-0 lead in the two-match series. Bab...

  34. Markets · Asia Business Recorder

    Oil and the dollar: How energy shocks can reinforce USD dominance

    Oil and the US dollar are closely connected through global trade, inflation, monetary policy, and risk sentiment. But that relationship is not as straightforward as assuming higher oil prices automatically mean a stronger or weaker dollar. For me, the more useful question is what is driving oil’s movement and how the same shock affects interest-rate expectations, yields, and demand for the US dollar. This distinction becomes important during geopolitical disruptions and supply shocks, when oi...

  35. Markets · Asia Business Recorder

    Mari Energies discovers significant copper-gold reserves near Reko Diq

    Mari Energies Limited, one of Pakistan’s largest E&P companies, has announced a significant copper-gold discovery at its East Siah Diq (ESD-1) target in Chagai district, Balochistan, through its wholly owned subsidiary Mari Minerals (Private) Limited. The company disclosed the development in a notice to the Pakistan Stock Exchange on Friday. “The discovery area under discussion is located approximately 50km east of the Reko Diq copper-gold mine development project and 25km northwest of Nokkun...

  36. News · Asia Dawn

    Vehicle emission testing: A step-by-step guide for Punjab's motorists

    With the end of the year, smog season is back in Punjab in full force. For the past week, the air quality in Lahore, the provincial capital, has consistently been ranked the worst in the world. A recent report also stated that Lahore’s average PM2.5 concentration — the amount of fine particulate matter — was eight times the World Health Organisation’s (WHO) guidelines. Smog has consistently been a problem in Punjab and the provincial government has cracked down on activities contributing to t...

  37. All sport · Asia Dawn

    Henry takes six as New Zealand thrash India by 244 runs

    Matt Henry took six wickets and Will Young struck a century as New Zealand thrashed a ragged India by 244 runs in the fourth ODI at Mount Maunganui on Friday. Henry removed Rohit Sharma, Virat Kohli and Shreyas Iyer all without scoring in the first over of India’s chase to tear the top order apart with the visitors needing a massive 334 for victory. New Zealand made 333 all out in the last over after being asked to bat, Young punishing two simple drops by Indian fielders to bring up his fifth...

  39. Markets · Asia Business Recorder

    ASEAN faces Myanmar dilemma as some members pursue closer ties

    BANGKOK: ASEAN is under increasing pressure at its upcoming summit to ease a five-year ban on Myanmar’s military-backed leaders attending high-level meetings, after Thailand and several other members stepped ​up engagement despite the country’s ongoing civil war. Leaders of the Association of Southeast Asian Nations are set to review their decision to exclude Myanmar when they meet ‌in Manila from November 15 to November 17. Myanmar has been in turmoil since 2021, when then-military chief Min...

  40. Markets · Asia Business Recorder

    Security forces kill 74 terrorists in Balochistan, KP operations: ISPR

    Security forces have killed 74 terrorists in separate intelligence-based operations in Balochistan and Khyber Pakhtunkhwa (KP), the Inter-Services Public Relations (ISPR) said on Friday. According to the military’s media wing, security forces have been conducting a comprehensive intelligence-based area sanitisation operation in the Kurram area of Quetta district, Balochistan, since November 3. During the operation, troops engaged multiple terrorist hideouts and killed 31 terrorists following...

  41. News · Asia Dawn

    Security forces kill 74 terrorists during IBOs in Khyber Pakhtunkhwa, Balochistan: ISPR

    Security forces have killed 74 terrorists during intelligence-based operations (IBOs) in Khyber Pakhtunkhwa (KP) and Balochistan, said a statement by the military’s media wing on Friday. In a breakdown of casualties from operations conducted in KP over the past 48 hours, the Inter-Services Public Relations (ISPR) said 35 terrorists were killed in Mir Ali, North Waziristan district, while eight others were killed in Orakzai district. “In a determined effort to eliminate terrorist threats and d...

  42. Markets · Asia Business Recorder

    European shares retreat from record highs, AI uncertainty weighs

    European ​shares opened lower on Friday , retreating from record highs hit ‌in the previous session, while uncertainty over the outlook for the AI trade rippled through global markets following Jensen Huang’s abrupt resignation as Nvidia’s CEO. Investors were ​worried about what Huang’s resignation following revelations of extramarital affairs ​would mean for future AI development that has underpinned much ⁠of the global economy, given that he was a key ​personality in a web of deals that fin...

  43. News · Asia Dawn

    Asean faces Myanmar dilemma as some members pursue closer ties

    Asean is under increasing pressure at its upcoming summit to ease a five-year ban on Myanmar’s military-backed leaders attending high-level meetings, after Thailand and several other members stepped up engagement despite the country’s ongoing civil war . Leaders of the Association of Southeast Asian Nations (Asean) are set to review their decision to exclude Myanmar when they meet in Manila from Nov 15 to Nov 17. Myanmar has been in turmoil since 2021, when then-military chief Min Aung Hlaing...

  44. Markets · Asia Business Recorder

    NRL identifies copper-gold mineralisation across eight discoveries in Chagai: Tabba

    National Resources Limited (NRL), a 100% Pakistani privately-owned mineral exploration company, has identified copper and gold mineralisation across at least eight porphyry discoveries in Balochistan’s Chagai district, with nearly 25,000 metres of drilling delivering encouraging results as the company advances towards its first mineral resource estimate. According to a statement, one drill hole returned 295 metres of continuous mineralisation grading 0.43% copper and 0.13 grams per tonne of g...

  45. Markets · Asia Business Recorder

    Babar Azam fails again with Pakistan 151-5 in first Sri Lanka Test

    RAWALPINDI: Babar Azam’s century drought continued as Sri Lanka pushed hard for victory over Pakistan in the weather-hit first Test in Rawalpindi on Friday. The tourists took four wickets in bad light in the morning as Pakistan reached 151-5 at lunch on the fifth and final day, leading by 139 runs with five wickets in hand. At the break Saud Shakeel was unbeaten on 23 and Ghazi Ghori seven not out after a 20-minute break due to bad light halted Sri Lanka’s push for a 1-0 lead in the two-match...

  46. News · India Times of India

    'Hopeful they will come': India on inviting Pak to SCO Civilisational Forum in Delhi

    India has invited Pakistan to participate in the inaugural SCO Civilisational Dialogue Forum in New Delhi. This event is scheduled to take place from November 20 to 22, featuring various participating countries. Union culture minister Gajendra Singh Shekhawat expressed hope that Pakistan would attend the forum. The discussions will focus on cultural ties and shared civilisational heritage among member states.

  47. News · Asia Dawn

    Why Trump crowned the man who cost him Congress

    A president repudiated by the voters can bend or he can show that he won’t. Donald Trump has chosen the second, and in doing so he has revealed something about his ultimate priorities that two chaotic years of “governing” had left unclear. Vice President JD Vance blames the Republican Party’s massive midterm election losses on the Iran war , and adds living costs, inflation, and ties with Israel. Trump concedes that “ Iran was a piece of it .” Outsiders point to corruption, the spectacle of a...

  49. News · Asia Dawn

    Microsoft says 'not aware of any malicious activity' causing Outlook outage

    Microsoft said that it was not aware of any “malicious activity” behind the hours-long disruption of its Outlook services. “As of now, we are not aware of any malicious activity that is causing this incident. We will continue to treat this incident with urgency and priority until full resolution,” Microsoft said. Microsoft services such as Outlook and Teams were disrupted for about 10 hours on Friday as the tech giant struggled to fix issues with some servers, hitting businesses and governmen...

  50. Markets · Asia Business Recorder

    Dar calls for sustained efforts to ensure govt austerity measures

    Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar on Friday called for sustained efforts and closer coordination among government institutions to ensure effective implementation of austerity measures and achieve lasting savings. He made these remarks while chairing a meeting of the Committee for Monitoring and Implementation of Conservation and Additional Austerity Measures at the Ministry of Foreign Affairs, according to a Foreign Office statement. The meeting reviewed pr...

  51. Markets · Asia Business Recorder

    India's Pant clears fitness test ahead of New Zealand Tests

    India wicketkeeper-batter Rishabh Pant has passed a fitness Test and left to join ‌the national team in New Zealand for a two-Test series, ​media reports said on ​Thursday. The 29-year-old, who last played ⁠for India in August, was ​sidelined with a left-side strain. ​He was named in India’s squad last month pending a fitness clearance ​at the Indian cricket ​board’s (BCCI) Centre of Excellence, where he underwent ‌rehabilitation. On ⁠Thursday, Pant posted a picture of an airplane wing in an...

  52. Markets · Asia Business Recorder

    Mansha's Nishat Group to invest in Pakistan's new port

    Nishat Group, one of Pakistan’s largest business conglomerates, has expressed its willingness to invest in the development of Pakistan’s proposed new port. The development came following a meeting between Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry and the group’s chairman, Mian Muhammad Mansha, read a statement on Friday. During the meeting, the minister emphasised the importance of greater private-sector participation in mobilising investment, introducing modern tec...

  53. Markets · Asia Business Recorder

    Takaichi to attend APEC in first China trip as PM

    TOKYO: Japanese Prime Minister Sanae Takaichi will visit China next week for the first time since she took office, attending an Asia-Pacific summit in Shenzhen, Tokyo said Friday. The trip comes at a time of particularly fraught relations between the rival nations after Takaichi suggested in November last year that Tokyo may intervene in any attack on the island of Taiwan, which Beijing claims as its territory. “Prime Minister Takaichi is scheduled to visit the Philippines and China from Nove...

  55. Markets · Asia Business Recorder

    Russia says four killed in major Ukraine drone barrage

    MOSCOW: Russia said on Friday that it shot down nearly 1,200 Ukrainian drones overnight, one of the largest swarms sent by Kyiv that left at least four people dead. The attack came a day after intense shuttle diplomacy in US-led talks to end the war approaching its fifth year. US envoys Steve Witkoff and Jared Kushner held hours of talks with Russian President Vladimir Putin in Moscow on Thursday before jetting to Dublin to huddle with Ukrainian President Volodymyr Zelensky . “In the course o...

  56. News · Asia Dawn

    Democratic US Senator Chris Van Hollen announces run for US Senate majority leader, challenging Schumer

    Democratic US Senator Chris Van Hollen said on Thursday he would run for Senate majority leader, challenging Chuck Schumer, who has led the Democrats in the Senate since 2017, after the Democratic Party won a majority in the chamber in the midterm elections. Schumer, who is expected to retain his party’s leadership in the chamber but previously predicted not having a challenger, released his own statement on Thursday saying he had the votes to continue as the Democratic leader in the Senate....

  57. Markets · Asia Business Recorder

    Govt moves to continue subsidy for Raast QR payments

    Prime Minister Shehbaz Sharif has decided to continue the subsidy on merchant discount rate (MDR) charges for Raast QR payments to encourage wider merchant adoption of digital payment systems, the finance ministry said on Friday. The development came during a meeting between Minister of State for Finance, Bilal Azhar Kayani, and the presidents, chief executive officers and chief digital officers of banks regarding the Prime Minister’s Cashless Pakistan Initiative. According to a statement, of...

  58. Markets · Asia Business Recorder

    Thai baht/US dollar steady on Friday

    BANGKOK: The Thai baht was little changed against the US dollar on Friday . At 0148 GMT, the baht was 0.09% higher at 33.86 versus the dollar, after trading in a range of 33.880 to 33.905. It ended the previous session at 33.89 per dollar, as per LSEG data.

  59. Markets · Asia Business Recorder

    TikTok-owner ByteDance plans buyback at $400 billion valuation, The Information reports

    ByteDance , the Chinese owner of TikTok , is planning to buy back up to $6 billion worth of shares from existing investors at a valuation of about $400 billion, The Information reported on Thursday, citing a letter to shareholders and a person familiar with the plans. Reuters could not immediately verify the report.

  60. Markets · Asia Business Recorder

    Australian dollar plumbs 10-month lows as US yields keep climbing

    SYDNEY: The Australian dollar was pinned near a 10-month low on Friday as US yields kept climbing on growing bets of a half-point Federal Reserve hike, while falling commodity prices and fading yield support added to the drag. The Aussie slipped 0.1% to $0.68, after falling as much as 0.6% overnight to $0.6798, the lowest level since late January. It broke critical support at $0.6835, with bears now eyeing $0.67. For the week, it is down 0.8%. The kiwi dollar also eased 0.1% to $0.5543, havin...

  62. News · Asia Dawn

    35 more electric buses arrive in Rawalpindi

    RAWALPINDI: As many as 35 more electric buses arrived in the garrison city which increased the total strength of the fleet to 80. The buses will be operated on different routes from Friday (today). However, out of the total 10 routes, two have been suspended for the last two months due to the construction work on two underpasses – Race Course Park and Charing Cross – on Peshawar Road. The buses will ply on the existing eight routes. On the recommendation of the traffic police, Punjab Mass Tra...

  66. News · Asia Dawn

    CDA, Railways at loggerheads over ownership of plot in Islamabad's I-9

    ISLAMABAD: Pakistan Railways and the Capital Development Authority (CDA) are at loggerheads over the ownership of a piece of land worth billions of rupees and construction of a godown and warehouses in Sector I-9. The CDA board headed by its chairman Sohail Ashraf on Thursday heard Pakistan Railways (PR) officials over railways auction of land in I-9, which CDA says is part of the right of way. PR says the land belonged to it. The PR last year auctioned plots/land situated at Dry Port Road in...

  70. News · Asia Dawn

    Peshawar High Court approves plea bargain of former bank cashier in Kohistan graft case

    PESHAWAR: An accountability court here on Thursday approved a plea bargain of Rs513.138 million of a former bank cashier arrested by National Accountability Bureau in a high-profile case involving the alleged embezzlement of over Rs37 billion in the Upper Kohistan district accounts office. Judge Mohammad Zafar pronounced that the suspect, Musharraf Shah, a former cashier at National Bank of Pakistan, Dassu branch, was discharged from his liability as he had voluntarily surrendered the crime p...

  71. News · Asia Dawn

    Sindh CM calls for accelerated completion of climate-resilient projects

    KARACHI: Chief Minister Syed Murad Ali Shah on Thursday directed the provincial departments to speed up water security and climate-resilient projects. He also ordered authorities to accelerate work on irrigation efficiency, drainage, rainwater harvesting and safe drinking water projects for flood-affected communities. Presiding over a meeting on climate change at CM House, Mr Shah said that climate resilience was not merely an environmental concern, but a developmental necessity, particularly...

  72. News · Asia Dawn

    Joint investigation team seizes pistol of Mir Raza’s business partner

    KARACHI: The Joint Investigation Team (JIT), formed by the Sindh government, to probe the mysterious death of a young businessman, Mir Raza Ali, has seized the licensed pistol of his partner. Without naming the partner, West DIG Irfan Baloch, who heads the JIT, said on Thursday that the North Nazimabad branch of Mir Raza’s food chain has also been sealed for further investigation. The JIT was formed on the recommendation of the judicial commission headed by a Sindh High Court judge to probe t...

  73. News · Asia Dawn

    ESA’s Euclid telescope maps over 900 million galaxies

    PARIS: The European Space Agency has released its first big collection of data from the orbiting Euclid telescope’s mission to map the universe’s large-scale structure, including observations of more than 900 million galaxies, as scientists investigate the puzzling cosmic components dark matter and dark energy. The data unveiled on Thursday covered a survey of the sky equal to about 9,500 times the size of the moon as viewed from Earth. The mission’s goal is to complete the largest-ever three...

  74. News · Asia Dawn

    Lahore High Court moved against change of names of universities

    LAHORE: A petition has been filed in the Lahore High Court, challenging the removal of the word “university” from the names of six public sector varsities and demanding restoration of their former title of “college”. Petitioner Raheela Murtaza, an MS student at the Government Sadiq College for Women (University), filed the petition through Advocate Aftab Mubarik. The petition mainly challenges the Public Sector Universities (Amendment) Act 2026 (Act XXIII of 2026), published in the Punjab Gaz...

  77. News · Asia Dawn

    OECD report reveals migration to developed countries is dwindling

    PARIS: Migration to developed countries dwindled for a second year in a row in 2025, down 1.6pc compared to the previous year, according to an OECD report published on Thursday. While still experiencing high numbers, the 38 Organisation for Economic Cooperation and Development (OECD) countries recorded 6.1 million new permanent immigrants in 2025, compared to 6.2m the previous year. There has been a backlash in many Western countries against the arrival of irregular migrants fleeing conflict,...

  82. News · Asia Dawn

    Two arrested after pet lioness kills farmhouse worker in Lahore's Kahna

    LAHORE: A farmhouse owner and a TikToker were arrested on Thursday after a 19-year-old farmhouse employee was killed by a pet lioness in the farmhouse in the Kahna area on Thursday. A spokesperson for the office of the deputy inspector general (DIG) of police identified the arrested suspects as farmhouse owner Fayyaz and TikToker Nauman. The spokesperson said Nauman had visited the farmhouse to make a TikTok video when the lioness allegedly went out of control and attacked Talha, a farm emplo...

  87. Markets · Asia Dawn

    Threshold for curr­ency transaction report raised to Rs3m

    KARACHI: The State Bank of Pakistan on Thu­r­sday increased the Curr­ency Transaction Report (CTR) threshold to Rs3 million, effective immediately. Earlier, the threshold was Rs2m as specified in the Fina­nc­ial Monitoring Unit (FMU) Guidelines for Repor­ting Entities 2021. Under the revised thr­e­­shold, reporting entities are required to rep­ort only cash transactions meeting the notified amount to the FMU. Under the Anti-Money Laundering Act 2010, all CTRs must be filed with the FMU immedi...

  88. News · Asia Dawn

    Rain, snowfall disrupt life across GB

    GILGIT: Intermittent rain and snowfall have created difficulties for residents of Gilgit-Baltistan, with heavy snowfall and landslides blocking the Babusar Pass, Shimshal Valley and several other link roads. Temperatures have dropped across the region, while prolonged power outages have added to the hardships of residents. Intermittent snowfall was reported in the upper areas of Gilgit, Diamer, Ghizer, Astore, Skardu, Hunza, Nagar, Khar-mang, Shigar and Ghanche on Thursday, creating difficult...

  89. News · Asia Dawn

    Consumer courts can’t hear insurance policyholder's complaints, LHC holds

    LAHORE: The Lahore High Court has ruled that consumer courts lack jurisdiction to entertain complaints filed by policyholders against insurance companies. Justice Jawad Hassan issued the ruling on a petition filed by the United Insurance Company of Pakistan Limited against an order passed by the District Consumer Court in Bhakkar. The consumer court had overruled an objection raised by the insurance firm regarding the maintainability of a complaint filed by a policyholder. The district court...

  91. News · Asia Dawn

    BHC orders govt to determine salaries of local govt representatives

    QUETTA: The Balochistan High Court (BHC) has directed the provincial government to resolve legal, administrative and financial objections and finalise the proposed Balochistan Local Councils (Remuneration) Rules within six months to determine salaries and allowances of elected local government representatives. A two-member bench comprising Justice Iqbal Ahmed Kasi and Justice Mian Muhammad Rauf Atta, who authored the judgement, heard a constitutional petition filed by the elected chairman of...

  92. News · Asia Dawn

    CM Bugti assures investors of security in Balochistan

    • Says Reko Diq camp remained untouched for over a decade after Barrick’s withdrawal • Announces separate security division and FC wing for Mineral Corridor QUETTA: Balochistan Chief Minister Mir Sarfraz Ahmed Bugti has assured national and international investors of a secure and conducive business environment in the province, saying that the Reko Diq project’s camp remained untouched for more than a decade after Barrick Gold withdrew from the project. Speaking at the Pakistan Minerals Invest...

  96. News · Asia Dawn

    Pakistan calls for ‘immediate’ end to Houthi attacks on Saudi Arabia as UNSC renews Yemen sanctions

    WASHINGTON: Pakistan called for the “immediate and unconditional” cessation of Houthi attacks on Saudi Arabia on Thursday, as the United Nations Security Council adopted a resolution renewing sanctions against individuals and entities threatening peace and stability in Yemen. The resolution also sought to restrict the Houthis’ access to components and chemicals used in manufacturing drones and missiles, and condemned their military escalation inside Yemen, as well as attacks against Saudi Ara...

  97. News · Asia Dawn

    National Assembly panel calls for easing rules for pilgrimage organisers

    ISLAMABAD: The Nat­ional Assembly Standing Committee on Religious Affairs on Thursday directed the religious affairs ministry to submit the Zaireen (pilgrims) Management Policy to the panel to help identify gaps in its implementation. It also directed the ministry to expedite security clearance and the issuance of registration certificates to pilgrimage organisers. The committee recommended reducing the se­­c­u­rity deposit required from organisers to ease the fi­­n­ancial burden on pilgrims....

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