Pakistan and world business news from seven outlets, one story per event. Updated just now.
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The Securities and Exchange Commission of Pakistan (SECP) has approved establishing a Corporate Intelligence Unit (CIU) to proactively identify registered companies suspected of running Ponzi or…
Around 40 percent of members using the Pak Stock Exchange practice trading platform prefer bank stocks, which is the most
LONDON: Euro zone bond yields were slightly lower on Wednesday, continuing to stabilise after a period of sharp volatility, as investors tread cautiously ahead of US inflation data due later in the…
European shares inched up on Wednesday, recovering from modest losses in the previous session, as strong results from ASML lifted the technology sector.
ROME: The deal between the United States and Russia over diesel supply is a “very risky choice” that runs counter to efforts to force Vladimir Putin to sit at a negotiating table with Ukraine…
HAMBURG: Jordan’s state grain buyer has issued an international tender to buy up to 120,000 metric tons of milling wheat which can be sourced from optional origins, European traders said on…
Major Gulf stock markets were mixed in early trade on Wednesday, with Saudi shares falling after an attack on a Saudi Aramco site heightened concerns over the escalating conflict between the kingdom…
Pakistan’s Quantum Data Technologies (QTECH), formerly known as Chakwal Spinning Mills Limited, is expanding beyond IT services into energy storage, signing a cooperation agreement with China’s…
The Federal Board of Revenue (FBR) is expanding production monitoring across Pakistan’s manufacturing sector, authorising new private technology providers and bringing additional industries within…
Privatisation Division (PD) has maintained that fresh approval from the Council of Common Interests (CCI) is not required to privatise power distribution companies (DISCOs), citing earlier decisions…
ANKARA: Turkish Central Bank Governor Fatih Karahan said the bank would maintain its tight monetary policy until price stability is achieved, speaking on Turkiye monetary policy and macroeconomic…
BANGKOK: France should solve its own debt woes through fiscal policy consolidation, European Central Bank President Christine Lagarde said on Wednesday, effectively playing down speculation about an…
SEOUL: Former US Vice President Kamala Harris urged governments and technology companies on Wednesday to urgently put safeguards in place for artificial intelligence, warning that the window for…
JAKARTA: Malaysian palm oil futures rose for a third consecutive session on Wednesday, buoyed by stronger crude oil prices and gains in rival edible oils on the Dalian market.
BEIJING: China’s September crude oil imports dropped 21.5% from a year earlier, customs data showed, with higher refinery runs and delayed crude arrivals contributing to the biggest monthly draw in…
SHANGHAI: Chinese stocks slipped on Wednesday as a selloff in AI-related supply chain shares deepened and as investors digested mixed domestic inflation data, leaving the blue-chip benchmark…
TOKYO: Japan’s Nikkei share average rebounded from the previous session’s sharp decline on Wednesday, as chip-related stocks rose, while declines of bank stocks weighed on the Topix.
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