Pakistan and world business news from seven outlets, one story per event. Updated 1m ago.
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Gold prices in Pakistan increased on Thursday in line with their gain in the international market. In the local market, gold price per tola reached Rs435,036 after a gain of Rs600 during the day.
The government on Thursday said that the World Bank’s finding that the country accounts for nearly half of the extreme poor in its newly defined Middle East, North Africa, Afghanistan and Pakistan…
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.
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.
SEOUL: Round-up of South Korean financial markets: South Korean shares fell on Thursday and were headed for a second weekly loss in a holiday-shortened week, hurt by weakness in chipmakers and…
MUMBAI: Indian government bonds may continue to weaken in early deals on Thursday, a day after the central bank raised interest rates for the first time in nearly four years and shifted its stance…
TOKYO: Japanese shares fell roughly 1% on Thursday , down for a second consecutive session, as investors paused after recent rallies, wary of the US rate outlook and geopolitical tensions.
Dalian iron ore prices touched a 15-month low on Thursday, the first working day after a week-long holiday break in top consumer China, weighed down by concerns over demand prospects amid weak steel…
BANGKOK: The Thai baht was steady against the US dollar on Thursday. At 0214 GMT, the baht was 0.08% higher at 33.60 versus the dollar, after trading in a range of 33.610 to 33.660.
SYDNEY: The Australian and New Zealand dollars were back on the defensive on Thursday as jitters in European debt markets benefited the super-liquid greenback most, while adding to pressure on local…
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…
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…
SHANGHAI: China’s onshore yuan was steady on Thursday as mainland markets reopened after a week-long holiday during which the Chinese currency strengthened offshore despite a strong dollar.
MUMBAI: The Reserve Bank of India likely sold dollars near the market open on Thursday to support the rupee, four traders said, with the currency within striking distance of its all-time low.
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Thursday said that direct shipping connectivity between Karachi and major European ports had been restored, providing relief…
SINGAPORE: Copper prices gained on Thursday , supported by expectations of Chinese restocking after the National Day holiday and concerns about supply from key mines.
NEW DELHI: QatarEnergy has issued a spot tender offering up to 50,000 metric tons of naphtha on a free-on-board basis from Ras Laffan port inside the Strait of Hormuz , multiple traders who…
SHANGHAI: China stocks fell on Thursday as traders returning from a week-long holiday faced renewed geopolitical tensions, higher global yields, and a looming earnings season that threatens…
TOKYO: The Bank of Japan on Thursday raised its economic assessment for two of the country’s nine regions and said robust AI-related demand was underpinning output.
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