Pakistan and world business news from seven outlets, one story per event. Updated just now.
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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…
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.
Engro Powergen Qadirpur Limited (EPQL), a subsidiary of Engro Energy Limited, on Tuesday has appointed Khurram Abdullah as chief executive officer with effect from October 15, replacing Athar Abrar…
Pakistan’s LNG import bill is expected to reach $1.29 billion from November 2026 to February 2027 as winter demand and
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…
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…
MANILA: Following are results of the Philippine Bureau of the Treasury’s auction of T-bonds on Tuesday: Partially awards 25.38 billion pesos ($404.33 million), below 35 billion pesos offer, of…
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…
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