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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 NewsDalian iron ore hits 15-month low on thin steel margins
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…
Business RecorderPalm 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 Recorder
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