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Euro gets much-needed reprieve as AI wobbles rock the dollar
SINGAPORE: The dollar headed for its first weekly fall in five weeks on Friday , lifting the euro from a 17-month low as wobbles in AI investment and drop in US yields put the brakes on recent gains.
Business RecorderAustralian shares hit 5-week high as rate-hike bets ease
Australian shares hit a 5-week high on Friday , led by miners as softer-than-expected labour market data curbed expectations of a near-term interest rate hike and fuelled broad-based buying.
Business Recorder
Pakistan to chair World Bank, IMF Boards in 2027
In a key development, Pakistan has been nominated to chair the World Bank Group and IMF Boards of Governors in 2027, the Ministry of Economic Affairs said on Friday, marking the country’s first such…
Business Recorder
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