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Pakistan Wants New $7 Billion Saudi Oil Deal
Pakistan has asked Saudi Arabia to consider a 15-year oil financing facility worth $6.7 billion as the government seeks to
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Pakistan and world business news from seven outlets, one story per event. Updated 2m ago.
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Japan's 5-year bond yield steadies after firm auction outcome
TOKYO: Japan’s five-year government bond yield traded flat on Wednesday, retreating from the session high after a bond auction saw firm demand.
Business RecorderYuan gains as markets weigh China inflation, await US CPI
SHANGHAI: China’s yuan firmed slightly against the dollar on Wednesday as investors parsed a mixed set of domestic inflation readings and braced for US consumer price data due later in the day that…
Business RecorderRussian strikes kill one, hit energy facilities in Kyiv, mayor says
Russian air strikes killed one person and injured one more in Kyiv while also hitting energy facilities in the Ukrainian capital, Mayor Vitali Klitschko said on Wednesday.
Business Recorder
Oil prices climb as Iran deploys new tactics to target ships transiting Hormuz
TOKYO: Oil prices climbed on Wednesday after two vessels were struck in the Strait of Hormuz and Iranian officials told Reuters they were deploying new tactics to target ships, as Tehran seeks to…
Business RecorderPakistan expects over 4% growth, diversify financing with Panda bonds, Sukuk: Aurangzeb
Finance Minister Muhammad Aurangzeb told international investors that Pakistan expects economic growth of 4% or higher this fiscal year, while highlighting fiscal improvements and plans to diversify…
Business Recorder
Pakistan gets first LNG shipment of October amid gas supply concerns
A liquefied natural gas tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan.
Geo NewsUS top diplomat Marco Rubio to visit India and Uzbekistan
WASHINGTON: US Secretary of State Marco Rubio will depart on Saturday on a five-day trip to India and Uzbekistan, the State Department said, adding that he will discuss energy cooperation in India.
Business RecorderIran shifting tactics to step up attacks on shipping before US vote, officials say
DUBAI/LONDON/WASHINGTON: Iran is deploying new tactics to target ships sailing through the Strait of Hormuz as it seeks to keep oil prices high and influence the US midterm elections, two senior…
Business Recorder
A bolt from the blue for retailers: CDA bans sale of products packaged in PET bottles
ISLAMABAD: Local retail outlets and Fast-Moving Consumer Goods (FMCG) companies are totally confused over the forced decision to immediately discontinue sale of products packaged in polyethylene…
Business RecorderExport-led growth requires business-friendly environment: LCCI
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has called for a business-friendly environment, simplified regulations and effective government facilitation to boost exports, accelerate…
Business RecorderFindings of addressing GBV financing study unveiled
ISLAMABAD: The Women’s Parliamentary Caucus (WPC) of the National Assembly of Pakistan, in collaboration with the Safeguarding Resource and Support Hub (RSH) Pakistan, launched the summary findings…
Business Recorder
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