1,400-point rally pushes KSE-100 index past new intraday high of 111,000 – Business
Continuing its upward trajectory, shares at the Pakistan Stock Exchange (PSX) climbed over 1,400 points on Tuesday in intraday trade to make the KSE-100 index cross the 111,000 mark. The benchmark KSE-100 index climbed 1,482.06, or 1.35 per cent, to stand at 111,452.44 points at 10:55am from the previous close of 109,970.38 points. Extensive mutual […]
Turkiye to open border gate for safe return of Syrians, Erdogan says – World
ANKARA: Turkiye is opening its Yayladagi border gate with Syria to manage the safe and voluntary return of the millions of Syrian migrants it hosts, President Tayyip Erdogan said on Monday, after President Bashar al-Assad’s sudden ouster by rebels. In one of the biggest turning points for the Middle East in generations, opposition forces seized […]
Security forces kill 6 terrorists in KP, Balochistan – Pakistan
BANNU: Police officials take part in the last rites of a martyred cop, on Monday.—Dawn PESHAWAR / LAKKI MARWAT: Six terrorists were killed, while a policeman embraced martyrdom, in gun battles and a bomb explosion in parts of Khyber Pakhtunkhwa and Balochistan on Monday, the military and Levies said. Security forces conducted an intelligence-based operation […]
2024 ‘certain’ to be hottest year on record, says EU monitor – World
PARIS: This year is “effectively certain” to be the hottest on record and the first above a critical threshold to protect the planet from dangerously overheating, Europe’s climate monitor said on Monday. The new benchmark affirmed by the Copernicus Climate Change Service caps a year in which countries rich and poor were hammered by disasters […]
International Cotton Association declares 84 textile mills ‘defaulters’ – Business
LAHORE: The International Cotton Association (ICA) has placed at least 84 Pakistani textile mills on the defaulter’s list and prohibited them from trading in the world cotton markets. The ICA website revealed on Monday that 84 Pakistani textile companies could not honour their cotton purchase agreements, and association members were asked not to enter into […]
National Savings Schemes rates slashed – Business
KARACHI: Rates of profit on National Savings Schemes (NSS) have been revised with effect from Dec 10, reported Arif Habib Ltd on Monday. The government has reduced the profits on savings but the biggest cut was made on Savings Account by 250 basis points. The profit fell to 13.5pc from 16pc. The Regular Income profit […]
Govt commits to implementing economic reforms: Aurangzeb – Business
ISLAMABAD: Finance Minister Muhammad Aurangzeb assured a high-level delegation of US investors and business professionals on Monday that the government is committed to implementing economic reforms. The delegation put together by Ambassador Ali Jehangir Siddiqui comprised entrepreneurs, business practitioners, and professionals in technology, academia, and finance. Key members included Auren Hoffman, Chief Executive Officer of […]
Straws in the Syrian whirlwind – World
THE pendulum of zealotry almost always ushers in intellectual subterfuge in its wake. The lightning, if not spontaneous, takeover of Damascus by mediaeval militias is being predictably applauded by Western journalists as an overthrow of a 50-year-old family dictatorship. Some reports added ‘brutal’ to Bashar al-Assad’s long and precarious rule, a description that was carefully […]
Syria’s future – Newspaper – DAWN.COM
AS Bashar al-Assad boarded a plane for exile in Moscow, the police state his family had ruled for over five decades swiftly crumbled. The Syrian strongman’s opponents have pledged to build a ‘new’ Syria, but it remains to be seen whether the country’s new rulers will be able to build an inclusive, democratic state. While […]
Team including Pakistani researcher wins super-computing ‘Nobel’ – World
DR Zubair Khalid ISLAMABAD: A team of researchers, including a Pakistani academic, has been awarded the ‘Nobel Prize of super-computing’ for developing a smart predictive modelling for climate. The Gordon Bell Prize is an annual award for groundbreaking achievements in high-performance computing (HPC) and innovative parallel computing contributions toward solving the climate crisis. Dr Zubair […]