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Govt to Fix Textile Exports
The federal government has formed separate committees to address key issues facing Pakistan’s textile export industry and directed them to
ProPakistani
From pilot to policy: how “Digital Eye” helped shape FBR’s production-monitoring framework
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…
Business Recorder
PD says no fresh CCI approval needed for DISCO privatisation
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…
Business Recorder
Provinces to Receive Oil & Gas Profit
A Senate committee has given the federal government two weeks to propose a mechanism for sharing oil and gas profits
ProPakistani
Pakistan Announces Business Opportunities in 3 Countries
The Trade Development Authority of Pakistan (TDAP) has announced business opportunities for Pakistani exporters in Algeria, Azerbaijan, and the United
ProPakistani
Turkish central bank to maintain tight monetary policy stance until price stability is achieved, governor says
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…
Business Recorder
ECB's Lagarde says solution to French debt woes is at home
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…
Business Recorder
Kamala Harris warns window closing for AI safeguards, urges US-China cooperation
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…
Business Recorder
Palm oil rises for third day, tracking crude oil and Dalian
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.
Business Recorder
China's crude stocks slump despite slight rise in September import rate
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…
Business Recorder

China's soybean imports fall 7.7% in September from a year earlier
BEIJING: China, the world’s largest soy buyer, imported 11.88 million metric tons of soybeans in September, down 7.7% from the same month last year, data from the General Administration of Customs…
Business Recorder
China stocks edge towards one-year low, dragged down by AI hardware share
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…
Business Recorder
Japan's Nikkei rebounds from sharp loss as chip-related shares rise
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.
Business Recorder
China approves Geely acquisition of 34% of Ford España
BEIJING: China’s market regulator has unconditionally approved Geely’s acquisition of 34% of Ford Motor’s Spanish subsidiary Ford España, it said on Monday.
Business Recorder
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 Recorder
Yuan 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 Recorder
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