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G7 countries agree on release of diesel and oil stocks after US pressure
French President Emmanuel Macron speaks following a video conference with G7 leaders from the Elysee Presidential Palace in Paris on October 2, 2026.
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Oil prices drop as Europe agrees to release diesel reserves
HOUSTON: Oil prices fell $2 after European leaders agreed on Friday to a request by US President Donald Trump to release diesel from their reserves to lower prices and reduce the need to import fuel…
Business RecorderGold price per tola gains Rs2,000 in Pakistan
Gold prices in Pakistan increased on Friday in line with their gain in the international market. In the local market, gold price per tola reached Rs440,636 after a gain of Rs2,000 during the day.
Business RecorderSECP proposes accreditation framework for insolvency professionals
The Securities and Exchange Commission of Pakistan (SECP) has sought public comments on a proposed accreditation framework for official liquidators, provisional managers and insolvency experts.
Business RecorderWorld Bank proposes export-finance products for Pakistan’s EXIM Bank
The World Bank has proposed developing export-finance products for the Export-Import Bank of Pakistan (EXIM Bank) to support incremental trade flows, as the government and global lender reviewed…
Business RecorderCopper up on supply woes but dollar drives worst week since April
SINGAPORE: Copper recovered from some of the previous days’ losses on Friday , supported by supply concerns, but earlier declines still set it up to notch its worst weekly fall since April.
Business RecorderHong Kong stocks fall as surging bond yields, higher oil prices weigh
HONG KONG: Hong Kong stocks dropped on the first trading day of October, as the 10-year US Treasury yield hitting a more-than-two-decade high and rising oil prices dampened investor appetite for…
Business RecorderGovt mulls allowing private firms to directly import LNG amid Mideast tensions: report
A liquefied natural gas tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017.
Geo NewsGovt approves limited sugar exports despite industry demand for 'larger quota'
Workers prepare sugar bags at a warehouse in Islamabad. — AFP/FileDPM Dar directs ministries to expedite export formalities.Pakistan holds over 2.6 million tonnes of sugar stocks.PSMA chief says…
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UK diesel price hits all-time high amid Middle East supply crunch, RAC warns
The average price of diesel in the UK has surged to a record-breaking high of 199.18p per litre, eclipsing previous peaks…
The NewsChina weighs allowing ByteDance, Alibaba to purchase new Nvidia RTX Pro 5500 chips
China's Ministry of Industry and Information Technology has asked major domestic tech firms—including ByteDance and Alibaba—to report their purchasing plans for Nvidia's newly unveiled RTX Pro 5500…
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