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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 Recorder
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Pakistan and world business news from seven outlets, one story per event. Updated 5m ago.
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SBP targets to raise Rs5.75tr through T-bills, PIBs in Oct-Dec 2026
Rs5.75trRs5.75 trillionMettis GlobalChicago 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 RecorderTencent 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 RecorderPakistan 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 & forexUpdated
Thai 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 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 RecorderPalm 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 RecorderRBI 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 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 RecorderChina holds intensive talks on hybrid, EV trade with EU
BEIJING: China and the European Union held “intensive consultations” on the trade of hybrid and electric vehicles, as well as efforts to balance economic and trade concerns, the commerce ministry…
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