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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 just now.
613 stories matching “AN” · Clear
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 Recorder
Govt-Owned Companies Are Dirt Cheap
Pakistan expects its economy to grow by more than 4 percent in fiscal year 2027 and aims to raise over
ProPakistani- Updated
TotalEnergies expands US venture with KKR with 700 MW portfolio
TotalEnergies said on Monday it is expanding its joint venture with KKR in the United States with the addition of a 700 megawatt renewables portfolio.
Business Recorder 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 RecorderPakistan Wants B+ Rating Next Year
Pakistan is targeting a B+ sovereign credit rating by the next fiscal year as its economic position improves, Finance Minister
ProPakistaniTencent 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 RecorderWorld Losing Interest in Pakistan Textile Exports
Pakistan’s textile exporters have warned of a sharp decline in exports from October to December due to weak demand in
ProPakistaniPakistan 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 RecorderAustralian dollar edges higher after first weekly gain in five, kiwi lags
SYDNEY: The Australian dollar edged higher on Monday after snapping a four-week losing streak last week as investors awaited RBA minutes and jobs data to gauge the path of interest rates there…
Business RecorderAustralian 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 RecorderYuan holds near 3-1/2-year high against dollar as rate bets ease
SHANGHAI: China’s yuan hovered near a 3-1/2-year against the dollar on Monday, as reduced expectations of an October US rate hike lent support, while simmering trade tensions could cloud the outlook.
Business RecorderAirAsia in talks with Malaysian government over potential funding support, sources say
HONG KONG: AirAsia co-founder Tony Fernandes met with officials from Malaysia’s finance ministry two weeks ago to discuss potential government support for Southeast Asia’s largest low-cost airline…
Business Recorder
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