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European shares dip as banks hit over 3-month low, oil prices weigh
European shares fell on Thursday as banks slid to a more than three-month low, while a fresh bond selloff and elevated oil prices stoked fears that higher inflation could hurt economic growth.
Business Recorder
Pakistan expects early EV target amid oil price surge: report
Amid the growing popularity of electric vehicles (EVs), Pakistan expects to reach its EV adoption target ahead of schedule as consumers increasingly switch from petrol- or diesel-powered cars.
Business Recorder
Pakistan to receive Qatari LNG cargo within 3-5 days
A representational image of LNG cargo. — Reuters/FileExtended Qatar force majeure could worsen LNG supply in Pakistan.Country faces tighter gas availability if supplies remain disrupted.Winter…
Geo NewsPalm rises about 2% on India demand hopes, stronger crude, Dalian
KUALA LUMPUR: Malaysian palm oil futures rosenearly 2% on Thursday, after two consecutive losses, as expectations of increased Indian purchases, stronger crude oil prices, and firmer rival Dalian…
Business RecorderSoybeans, corn rebound on higher oil prices; US harvest caps upside
SINGAPORE: Chicago soybeans and corn firmed on Thursday, recouping some of the previous session’s losses as higher oil prices and positioning ahead of a monthly agricultural supply-demand report…
Business RecorderCopper rallies on mine supply fears, China's return from holiday
SINGAPORE: Copper prices gained on Thursday , supported by expectations of Chinese restocking after the National Day holiday and concerns about supply from key mines.
Business RecorderIndian rupee risks more losses after post-RBI policy slide, higher oil adds to woes
MUMBAI: The Indian rupee’s drop after a Reserve Bank of India rate hike and stance change on Wednesday that some economists said was hawkish has left the currency vulnerable to further losses, with…
Business RecorderGold prices recover from two-month low as dollar rally stalls
Gold prices edged higher on Thursday as the dollar eased from an 18-month peak, helping bullion recover from a two-month low, while traders weighed the prospect of another US Federal Reserve rate…
Business Recorder
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