Pakistan and world business news from seven outlets, one story per event. Updated 2m ago.
676 stories matching “R” · Clear
Prime Minister Muhammad Shehbaz construction of Main Line-1 (ML-1) should be undertaken on a commercial basis by utilising the identified lands worth billions of rupees of Pakistan Railways.
MUMBAI: A sharp surge in India’s banking system liquidity will not be a long-term phenomenon, with most of the funds likely to be used up by the end of the financial year through various means, the…
Bahrain’s Foreign Minister Abdullatif bin Rashid Al Zayani will visit Pakistan from October 7 to 8 for talks with Pakistani officials on strengthening bilateral ties, including trade, investment…
Shell’s third-quarter integrated gas production was expected to be about 740,000 to 780,000 barrels of oil equivalent per day, the company said on Wednesday, compared with a previously expected…
Germany has called for effective implementation of Pakistan’s legislative reforms linked to the European Union’s GSP Plus trade scheme, stressing the need for measurable results and tangible…
BERLIN/FRANKFURT: Porsche is steeling itself for persistently lower sales, the Volkswagen brand said on Wednesday, pitching a turnaround plan to investors that aims to boost margins with a focus on…
A consortium comprising Lucky Cement Limited, Hub Power Holdings Limited, Kohat Cement Company Limited and Metro Ventures (Private) Limited has been pre-qualified to conduct due diligence on…
SINGAPORE: Chicago corn rose to a one-week high on Wednesday, while soybeans gained more ground as concerns about declining US crop conditions supported prices.
MUMBAI: Indian government bonds are likely to open largely unchanged on Wednesday, as markets brace for the central bank’s monetary policy decision, with an interest rate hike already priced in and…
TOKYO: Japanese shares fell on Wednesday, led by declines in AI-related stocks, as investors tried to book profits from the latest fast-pitched rally.
SYDNEY: The Australian and New Zealand dollars steadied above multi-month lows on Wednesday as a global bond selloff paused overnight, helping risk sentiment in the absence of local data.
Australian shares inched lower on Wednesday, as losses in banks and miners outweighed gains in gold and energy stocks, while a survey showing a sharp drop in October consumer sentiment also weighed…
Gold prices slipped on Wednesday as investors looked to minutes from the US Federal Reserve’s September meeting for indications on whether policymakers remain inclined to raise rates further.
SYDNEY: Asian markets were slightly weaker on Wednesday even though US stocks touched new highs, as oil prices rose with a storm heading for the Gulf of Mexico and tensions escalating between Saudi…
Europe’s carbon border rules do not yet cover Pakistan’s textile exports, but the country’s largest export industry is already living in their shadow.
TOKYO: The US dollar remained lower on Wednesday after stress in European bond markets abated and as eyes turned to the release of Federal Reserve minutes and speeches by its policymakers for…
PERTH: Oil prices rose on Wednesday as the market weighed supply constraints from a storm heading for US oil-producing regions and attacks by Yemen’s Houthis on Saudi Arabia against increased…
(PSX: JVDC) was incorporated in Pakistan as a public limited company in 1961.
With the monetary policy decision due in two weeks or so, secondary market yields in the money market are inching up, with 10-year bonds pricing close to 13 percent while the policy rate is at 11.5…
ISLAMABAD: Federal Minister for Information and Broadcasting Attaullah Tarar on Tuesday visited Shifa International Hospital to inquire after Khyber Pakhtunkhwa Member of the Provincial Assembly…
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