Pakistan and world business news from seven outlets, one story per event. Updated 1m ago.
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SEOUL: South Korea’s benchmark KOSPI index plunged over 6% on Tuesday, triggering a temporary trading curb, after US memory-chip maker Micron Technology fell overnight on reports of rapid tech…
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…
TOKYO: Japan’s Nikkei slid on Tuesday as a selloff in AI-related stocks gathered pace after weakness in US chip shares, while geopolitical tensions further dampened risk sentiment.
JAKARTA: Chicago soybeans fell for a second straight session on Tuesday as harvest activity picked up across the US Midwest following a spell of dry weather, while traders awaited the US Department…
HONG KONG: China and Hong Kong stocks fell on Tuesday as a selloff in AI-related shares swept across Asia, pushing China’s blue-chip index to its lowest in more than a year.
SYDNEY: The Australian dollar flatlined on Tuesday as a selloff in global risk assets offset a hawkish commentary from the country’s central bank, while its New Zealand counterpart touched lows last…
MUMBAI: Indian government bonds moved higher in early deals on Tuesday as value investors took the reins, after a near one-way upmove in yields in recent sessions, even as investors await heavy debt…
Copper prices held nearly steady on Tuesday as a firm US dollar countered support from supply concerns in top producer Chile.
Australian shares inched lower on Tuesday, dragged down by losses in miners and technology stocks, as investors awaited minutes from the Reserve Bank of Australia’s September meeting for clues on…
Finance Minister Muhammad Aurangzeb, speaking in his capacity as First Vice-Chair of the G-24 at the Finance Ministers and Central Bank Governors’ Meeting, held on the sidelines of the World Bank…
LOS ANGELES: Actor Selma Blair was arrested after flight attendants reported a “physically abusive passenger” on a Delta Air Lines flight from Los Angeles to New York, the Port Authority of New York…
Federal Minister for Commerce Jam Kamal Khan called for expediting regulatory approvals for Pakistani pharmaceutical companies seeking access to the Ethiopian market, as Pakistan and Ethiopia…
As the government seeks to diversify its funding sources, Pakistan plans to return to China’s domestic bond market for further yuan-denominated borrowing and is exploring the possibility of issuing…
The International Monetary Fund (IMF) staff and Pakistan reached a staff-level agreement on the fourth review of the $7-billion Extended Fund Facility (EFF) and the third review of the Resilience…
TOKYO: Japan’s NTT Data Group, a unit of telecommunications giant NTT, is in the final stages of talks to build a data centre in Osaka, western Japan, for US AI company Anthropic, the Nikkei…
Indian equities were poised for a muted open on Tuesday as investors monitored Middle East tensions and elevated crude oil prices , while a faster-than-expected rise in retail inflation strengthened…
BEIJING: Nvidia’s share of China’s market for data-centre AI chips fell to 34% in the first half of 2026 , as US export controls restricted supplies of its products and domestic rivals led by Huawei…
HONG KONG: Tencent Holdings is selling US dollar and offshore Chinese yuan, or dim sum, bonds in a deal that could raise at least $4.5 billion as the Chinese technology giant seeks funding amid…
BANGKOK: The global economy will still manage to top 3% real GDP growth this year as strong AI investment offsets the energy shock from the war in the Middle East, but downside risks are mounting…
BANGKOK: Higher energy prices and a rise in long-term interest rates are likely to weigh on British economic growth next year, the International Monetary Fund warned on Tuesday, even as it revised…
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