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Pakistan and world business news from seven outlets, one story per event. Updated just now.
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Chicago 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 Recorder
Tencent 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 Recorder
Iron 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 Recorder
Pakistan 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 & forexUpdatedThai 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 Recorder
Palm 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 Recorder
RBI 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
AirAsia 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






Pakistan sees growth above 4%, looks to raise more than $1 billion from privatisation
BANGKOK: Pakistan’s economy is expected to grow by more than 4% this fiscal year despite elevated oil prices, as the government looks to push for the privatisation of five to six entities that could…
Business Recorder
PSX: KSE-100 down nearly 400 points amid political noise
Selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding nearly 400 points amid volatility on the political front on Monday.
Business Recorder
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