Pakistan and world business news from seven outlets, one story per event. Updated 2m ago.
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Finance Minister Muhammad Aurangzeb reaffirmed on Tuesday Pakistan’s ownership of taxation, energy, state-owned enterprise (SOE) and pension reforms under the IMF-supported programme, stressing that…
Most Gulf bourses closed higher on Tuesday, with Saudi Arabia’s benchmark index snapping a four-session losing streak, even as the kingdom extended the closure of Riyadh’s King Khalid International…
Prime Minister Shehbaz Sharif said on Tuesday that the government will announce the wheat price after consultations with the provinces, stressing that the decision must ensure fair returns for…
MUMBAI: Indian government bonds snapped a four-session falling streak on Tuesday, after the yield rising to a three-year high attracted investors back to the market.
Sri Lankan shares closed lower on Tuesday, dragged down by communications and financial stocks. The CSE All-Share index settled 0.9% lower at 20,077.48 points.
Finance Minister Muhammad Aurangzeb has pointed to improving fiscal and external balances, stronger foreign exchange reserves, credit rating upgrades and
SE Fruits and Vegetable Limited will withdraw its existing initial public offering (IPO) application and submit a fresh one with additional disclosures about the transition of its underlying…
Copper prices rose for a third straight session on Tuesday as persistent concerns over a supply shortage kept the metal within striking distance of an all-time peak.
MUMBAI: The Indian rupee outperformed its regional peers on Tuesday, boosted by new central bank measures to alleviate pressure on the Asian currency and likely spot market intervention that…
MUMBAI: India has postponed the rollout of a fee on large payments via its popular Unified Payments Interface platform until after the Diwali festival, the National Payments Corporation of India…
European shares rose to a one-week high on Tuesday as lower oil prices and falling bond yields lifted appetite, although disappointing results from luxury bellwether LVMH pressured the sector.
The Universal Service Fund (USF) has deployed more than $1 billion in contracted subsidies to expand telecom connectivity across the
SHANGHAI/HONG KONG: The Hong Kong dollar edged towards the weak side of its trading band at 7.85 per US dollar on Tuesday, a level that could prompt the Hong Kong Monetary Authority (HKMA) to step…
An explosion was heard in Ukraine’s capital of Kyiv in the early hours of Tuesday, a Reuters witness said. Russia hit at least six energy targets during airstrikes across Ukraine on Monday.
TOKYO: Japanese government bond (JGB) yields moved in opposite directions on Tuesday, with shorter-term yields edging higher while the long end declined as investors weighed persistent inflation…
BANGKOK: The International Monetary Fund’s upward revision to its forecast for British economic growth this year adds to signs that Bank of England interest rates are not very restrictive, BoE…
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