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SBP Earns Billions From Bank Fines
The State Bank of Pakistan (SBP) imposed Rs. 1.58 billion in penalties on banks and financial institutions during FY26 for
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Pakistan and world business news from seven outlets, one story per event. Updated 5m ago.
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Pakistan eyeing over $1bn from privatisation of 5-6 entities, says finance czar
Finance Minister Muhammad Aurangzeb speaks during a Reuters interview in Washington, DC, U.S., April 25, 2025.
Geo News
European shares rise on lower oil prices, bank strength ahead of earnings
European shares rose on Monday, led by banking stocks as oil prices eased on hopes of Russia-Ukraine energy ceasefire, while investors awaited the start of the earnings season for fresh catalysts.
Business RecorderGovt Discovers $80 Billion Hidden in Plain Sight
Pakistan could unlock $60 billion to $80 billion in economic gains through digital transformation over the next five years, according
ProPakistani
Volkswagen third quarter deliveries fall on plummeting China demand
Volkswagen reported a 14.3% decline in global deliveries in the third quarter on Monday, dragged by a further drop in demand in the Chinese market.
Business RecorderAs rising waters flood homes and temples, villagers protest India's $87 billion river-linking project
AJAYGARH: Standing knee-deep in the Ken River, with mud smeared on her face to symbolize a connection to land her family has farmed for more than a century, Bitti Bai Kondar is among hundreds of…
Business RecorderChicago grains fall on US harvest pressure, higher end-stock estimate
JAKARTA: Chicago wheat and corn fell for a fourth straight session on Monday as investors awaited the US Department of Agriculture’s weekly harvest progress report due on Tuesday.
Business RecorderTencent plans dollar, offshore yuan bond sale under note programme
Technology giant Tencent said on Monday it proposes to issue notes under its global medium-term note programme and will provide potential investors with recent corporate and financial information…
Business RecorderIron ore rises on expected Chinese steel mill restocking
Iron ore prices rose on Monday , supported by expectations of restocking by Chinese steelmakers following a week-long holiday, although prospects of increased supply capped gains.
Business RecorderPakistan seeks Libyan crude as it diversifies oil supplies amid Middle East supply disruptions
Pakistan has encouraged domestic refineries to explore imports of Libyan crude oil to diversify supply sources, while a Turkish seismic vessel is expected to arrive next month to begin data…
Business Recorder- Rupee & forexUpdated
Thai baht/US dollar steady on Monday
BANGKOK: The Thai baht was steady against the US dollar on Monday. At the baht was 0.01% higher at 33.50 versus the dollar, after trading in a range of 33.490 to 33.555.
Business Recorder Australian shares climb as investors gear up for miners' production reports
Australian shares climbed to their highest level in more than a week on Monday as mining and technology stocks gained, while investors awaited a busy slate of quarterly production reports, including…
Business RecorderChina stocks fall as higher global yields, geopolitical tensions weigh
SHANGHAI: China stocks fell on Monday, as Beijing’s supportive gestures failed to steady a sliding market, with investors unsettled by higher global interest rates and rising geopolitical tensions.
Business RecorderPalm opens higher on firm olein; weak soyoil, crude cap gains
KUALA LUMPUR: Malaysian palm oil futures opened higher on Monday, after falling in the previous session, supported by firmer Dalian palm olein, though weaker soyoil and crude oil prices capped the…
Business RecorderRBI liquidity measures may pressure India bonds; rupee rally to limit losses
MUMBAI: Indian government bonds could open the week under mild selling pressure after the central bank announced measures to absorb banking-system liquidity, although expectations of a sharp rupee…
Business Recorder
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