Pakistan and world business news from seven outlets, one story per event. Updated 3m ago.
Pakistan Navy seized narcotics worth approximately $96 million in two separate counter-narcotics operations in the Arabian Sea, the military’s media wing said on Wednesday.
MUMBAI: A shipment of Russian sunflower oil bound for India was cancelled and other cargoes have been delayed after attacks on Black Sea ports disrupted exports from India’s top supplier, an…
The government has proposed raising mortgage finance to 5% of gross domestic product (GDP) by 2035 from below 0.5% currently, alongside plans to build 300,000-400,000 housing units annually under a…
LONDON: Copper prices edged lower on Wednesday, undermined by a stronger dollar, but losses were modest due to firm demand and concerns about possible mine disruptions.
STOCKHOLM: Scientists Henri Kagan and Kenso Soai won the 2026 Nobel Prize in Chemistry “for the discovery of non-linear effects and autocatalysis in asymmetric organic synthesis,” the award-giving…
The Securities and Exchange Commission of Pakistan (SECP) has introduced a Passive Equity Sub-Fund under the Voluntary Pension Scheme (VPS) framework, which will be offered by pension fund managers…
Gold prices in Pakistan decreased on Wednesday in line with their loss in the international market.
Finance Minister Muhammad Aurangzeb on Wednesday urged the microfinance sector to shift towards cashflow-based lending and make greater use of alternative data and digital credit scoring to expand…
ISLAMABAD: The Ministry of Information Technology and Telecommunication (MoITT) has proposed a tougher competition regime for the telecom sector, empowering the regulator to impose national roaming…
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.
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