LONDON/TORONTO/FRANKFURT: Swiss banking giant UBS opened accounts for Ghislaine Maxwell in 2014, just months after JPMorgan Chase severed ties with Jeffrey Epstein, and helped manage up to $19 million of her assets in the years preceding her sex-trafficking conviction, according to documents. The documents, released last month by the U.S. Justice Department, offer new details…
Investors are increasingly shifting toward cheaper, smaller companies as they reassess their tolerance for risk following sharp market swings that have battered several sectors and volatile assets. Risk aversion has spread through parts of the market that had performed strongly in recent years, prompting investors to rotate out of high-flying segments and into more defensive…
Islamabad: The Pakistan Bureau of Emigration and Overseas Employment has cautioned jobseekers to remain vigilant against fraudulent overseas employment offers, especially those that demand upfront payments. In an advisory, the bureau said that any overseas job offer requiring payments—such as visa fees or recruitment charges—should be treated as a clear warning sign. It emphasized that…
India has agreed to sharply reduce import tariffs on high-end American automobiles and remove duties on Harley-Davidson motorcycles under an interim trade agreement with the United States, according to an official familiar with the matter. However, electric vehicles have been excluded from the concessions, a decision that effectively leaves US EV maker Tesla outside the…
BEIJING: China vowed to further tighten its crackdown on virtual currencies on Friday and banned unauthorised offshore issuance of yuan-pegged stablecoins. Authorities will also strictly vet offshore issuance of tokens backed by Chinese onshore assets, according to a notice published on the central bank’s website. Although the statement largely reiterates Beijing’s existing ban on cryptocurrency,…
Karachi, February 7, 2026 – Silver prices in Pakistan have shown relative stability today, with the chandi ka rate holding at Rs. 8,965 per tola—following a period of sharp corrections and partial recoveries in the local and international bullion markets. This level reflects a consolidation phase after earlier fluctuations driven by global spot adjustments. Current local rates…
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has increased the electricity prices by 28 Paisa per unit in Pakistan, Beyond the Time News reported. According to reports, NEPRA has issued a notification announcing an increase of 28 paisa per unit in electricity prices under the December fuel price adjustment. The revised electricity rates will…
Pakistan Railways has suspended all train operations in the Quetta division today (Friday) owing to technical issues, Beyond the Time News reported, quoting PR officials. As per details, the Jaffar Express travelling from Quetta to Peshawar has been cancelled, while trains 221-Up and 222-Down departing from Quetta have also been called off. Railway authorities said…
LAHORE: The National Savings Centre in Lahore is set to hold the first Rs1,500 prize bond draw of 2026, with thousands of citizens hoping to win cash prizes. The Rs1,500 prize bond draw is scheduled to take place on February 16, 2026, in Lahore. Pakistan, China launch E-Mining Platform targeting $10bn investment in mineral sector…
KARACHI: Gold and silver prices recorded a significant decline in Pakistan on Friday, February 6, 2026, in line with a downward trend in the international bullion market, according to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA). The price of 24-karat gold per tola fell by Rs21,400 to Rs507,762 in the local market. Likewise,…