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India bonds extend weekly slide; struggle to shake off RBI hike, hawkish stance shift
MUMBAI: Indian government bonds fell for an eighth straight week as elevated oil prices and a hawkish shift by the central bank dampened investor appetite, pushing the benchmark 10-year yield higher.
Business RecorderPalm slips over 1% after no duty waiver but still log weekly gain
KUALA LUMPUR: Malaysian palm oil futures slipped more than 1% on Friday, after the government did not announce an expected export duty waiver in its Budget, though the contract still posted its…
Business Recorder
Finance Minister Not Happy With Pakistan’s Population Growth
Finance Minister Muhammad Aurangzeb on Friday expressed satisfaction with the State Bank of Pakistan’s (SBP) record-high foreign exchange reserves of
ProPakistaniPSO inks SPA with Oman's OQ Trading for petroleum supplies
Pakistan State Oil (PSO) has signed a sale and purchase agreement with Oman’s OQ Trading Limited (OQT) for petroleum product supplies under an inter-governmental agreement (IGA) between the two…
Business RecorderTrump envoy kept financial ties to firm behind $15 billion Hormuz-bypass oil pipeline plan
DUBAI: Thomas Barrack, a top US diplomat in the Middle East, advocated for a firm run by his business partner to take part in the development of an oil pipeline from Iraq to Syria, three people…
Business RecorderIndia rupee posts weekly fall despite rate hike amid adverse flows, weak sentiment
MUMBAI: The Indian rupee ended flat on Friday but declined in a week in which the Reserve Bank of India delivered its first rate hike in nearly four years that did little to help the Asian currency…
Business RecorderDrive fuel-free: Chery Master offers PKR 1.29 Million upfront savings on Tiggo 8 Super Hybrid AWD
Chery Master Pakistan is giving customers more than just a better way to drive.
Business RecorderIIOJK filmmaker Arfat Sheikh released from US ICE detention, campaign says
WASHINGTON: Award-winning Indian Illegally Occupied Jammu and Kashmir (IIOJK) filmmaker Arfat Sheikh was released from US Immigration and Customs Enforcement detention on bond on Thursday after…
Business RecorderSouth African rand set to snap four-week losing streak
JOHANNESBURG: The South African rand was on track to end the week stronger on Friday, snapping a four-week losing streak, supported by firmer gold prices and a subdued dollar, while lower oil…
Business RecorderFBR proposes expanding tax rules from YouTube to all social media platforms
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed expanding the scope of income tax rules from YouTube to all social media platforms, potentially bringing a wider range of online content…
Business RecorderApple cuts iPhone 18 Pro orders due to soft demand, Nikkei Asia reports
Apple has told some suppliers to cut production of components for its newly launched iPhone 18 Pro and iPhone 18 Pro Max, as soaring memory chip costs and price increases have dampened consumer…
Business RecorderThe cheapest megawatt Pakistan isn't producing
Pakistan’s energy conversation has, for months, revolved around a single question: who should sell electricity to industry?
Business Recorder
Pakistan eyes Airbus planes, Rolls-Royce engines for privatised PIA
View of a Pakistan International Airlines passenger plane. — APP/FileMinister terms PIA's direct int'l flights important commercial asset.Restoring confidence requires improved service quality: Jam…
Geo NewsFBR Launches New Media Unit to Improve Its Public Image
The Federal Board of Revenue (FBR) has constituted a Media Coordination Unit (MCU) to coordinate, oversee, and implement the tax
ProPakistaniPTML challenges PTA order to suspend ONIC operations
ISLAMABAD: Pakistan Telecom Mobile Limited (PTML) has challenged the Pakistan Telecommunication Authority’s (PTA) order directing immediate suspension of commercial operations of its digital telecom…
Business Recorder
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