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Oil eases, but set for weekly gain on Mideast supply risks
BEIJING/SINGAPORE: Oil prices eased on Friday but were heading for weekly gains on uncertainty over Middle East supplies and a larger-than-expected draw from crude stockpiles in the United States.
Business Recorder
PM Shehbaz Rejects LPG Auction Plan
Prime Minister Shehbaz Sharif has rejected a plan to auction liquefied petroleum gas (LPG) produced by state-owned companies, saying a
ProPakistaniDPM Dar directs monitoring of supply chains, prices of essential commodities
Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar on Friday chaired a meeting of the Cabinet Committee which reviewed the stock position, supply arrangements and prices of…
Business RecorderIMF chief Georgieva sounds alarm about AI, cyber risks; urges cooperation
BANGKOK: The head of the International Monetary Fund on Friday appealed to global financial leaders to cooperate in the face of multiple risks facing the global economy, including high debt levels…
Business RecorderChina's yuan poised to strengthen for a third week in a row on strong exports
SHANGHAI: China’s yuan held steady against the dollar on Friday and was poised to strengthen for a third week as robust exports buoy the Chinese currency despite wobbly growth in the domestic…
Business RecorderIndia closes down New Delhi park ahead of 'cockroach' movement rally
NEW DELHI Authorities closed a central New Delhi park Friday before a fresh protest seeking the removal of India’s election chief over a voter-roll revision that critics say has disenfranchised…
Business RecorderSoybeans set for weekly loss as US harvest outweighs China buying
BEIJING: US soybean futures were little changed on Friday but remained on track for a weekly loss as expectations of a record US harvest outweighed support from renewed Chinese buying.
Business Recorder
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