Pakistan and world business news from seven outlets, one story per event. Updated just now.
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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…
The Universal Service Fund (USF) has deployed more than $1 billion in contracted subsidies to expand telecom connectivity across the
Pakistan’s LNG import bill is expected to reach $1.29 billion from November 2026 to February 2027 as winter demand and
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…
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…
MUMBAI: Indian government bonds moved higher in early deals on Tuesday as value investors took the reins, after a near one-way upmove in yields in recent sessions, even as investors await heavy debt…
Copper prices held nearly steady on Tuesday as a firm US dollar countered support from supply concerns in top producer Chile.
Australian shares inched lower on Tuesday, dragged down by losses in miners and technology stocks, as investors awaited minutes from the Reserve Bank of Australia’s September meeting for clues on…
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