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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.
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Pakistan Wants New $7 Billion Saudi Oil Deal
Pakistan has asked Saudi Arabia to consider a 15-year oil financing facility worth $6.7 billion as the government seeks to
ProPakistaniJapan'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 RecorderYuan 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 RecorderRussian strikes kill one, hit energy facilities in Kyiv, mayor says
Russian air strikes killed one person and injured one more in Kyiv while also hitting energy facilities in the Ukrainian capital, Mayor Vitali Klitschko said on Wednesday.
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Indian bonds slip on higher oil, hawkish RBI governor comments
MUMBAI: Indian government bonds fell in early trading on Wednesday as a fresh spike in oil prices and hawkish commentary from the central bank chief pushed traders to trim positions further.
Business RecorderOil prices climb as Iran deploys new tactics to target ships transiting Hormuz
TOKYO: Oil prices climbed on Wednesday after two vessels were struck in the Strait of Hormuz and Iranian officials told Reuters they were deploying new tactics to target ships, as Tehran seeks to…
Business RecorderPakistan expects over 4% growth, diversify financing with Panda bonds, Sukuk: Aurangzeb
Finance Minister Muhammad Aurangzeb told international investors that Pakistan expects economic growth of 4% or higher this fiscal year, while highlighting fiscal improvements and plans to diversify…
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Pakistan gets first LNG shipment of October amid gas supply concerns
A liquefied natural gas tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan.
Geo NewsUS top diplomat Marco Rubio to visit India and Uzbekistan
WASHINGTON: US Secretary of State Marco Rubio will depart on Saturday on a five-day trip to India and Uzbekistan, the State Department said, adding that he will discuss energy cooperation in India.
Business RecorderIran shifting tactics to step up attacks on shipping before US vote, officials say
DUBAI/LONDON/WASHINGTON: Iran is deploying new tactics to target ships sailing through the Strait of Hormuz as it seeks to keep oil prices high and influence the US midterm elections, two senior…
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