Pakistan and world business news from seven outlets, one story per event. Updated just now.
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RIYADH: Oil flows in Saudi Arabia’s East-West pipeline were halted again following a fresh attack on the critical infrastructure, a source working in the kingdom’s energy sector told AFP on Monday.
STOCKHOLM: American Karl Deisseroth and Germans Peter Hegemann and Georg Nagel won the 2026 Nobel Prize in Physiology or Medicine on Monday for developing optogenetics, a technique that uses light…
Most Gulf markets closed higher on Monday as easing energy disruption fears and tempered expectations of an immediate Federal Reserve rate hike bolstered sentiment, while the Middle East war…
Sri Lankan shares closed lower on Monday, dragged down by IT stocks. The CSE All-Share index settled 0.81% lower at 20,644.26 points.
Prime Minister Shehbaz Sharif on Monday called for stronger economic and business ties between Pakistan and Poland, saying the two countries should transform their longstanding friendship into a…
Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), expressed concern over the widening of Pakistan’s trade deficit during the first quarter of the…
Ratings agency Fitch said Saudi Arabia’s 2027 pre-budget statement highlighted the fiscal pressures from the US-Iran war, with the government projecting higher spending and wider budget deficits.
Pakistan’s recent talks with the US Export-Import Bank (EXIM) are opening a new channel for financing major projects — from Pakistan International Airlines’ planned Boeing purchases to refinery…
MUMBAI: T he Indian rupee ended little changed on Monday, wedged between pressures from a broadly firmer dollar, higher oil prices and likely intervention by the Reserve Bank of India, which kept…
The UK’s FTSE 100 rose on Monday, steadying after its steepest drop since April last week, as mining shares led gains and oil prices stayed in check.
The Pakistani rupee extended its marginal gains against the US dollar in the inter-bank market on Monday. The local unit closed the day at 277.06, a gain of Re0.01 against the greenback.
MUMBAI: India’s markets regulator will partly reverse plans to overhaul the mechanism used to determine the closing prices of key stocks and derivative contracts linked to them, two sources with…
The All Pakistan Textile Mills Association (APTMA) has urged the Pakistan Single Window (PSW) to exempt goods imported under the Export Facilitation Scheme (EFS) from Punjab Infrastructure…
MUMBAI: Indian sunflower oil imports fell in September to their lowest level in more than four years after the Ukraine war disrupted shipments, prompting refiners to increase palm oil purchases to…
Saudi Arabia is set to cancel next year’s Joy Awards, its star-studded answer to the Oscars or the Grammys, as financial strain and the Iran war hit the country’s nascent entertainment sector, two…
Gold prices in Pakistan increased on Monday in line with their gain in the international market. In the local market, gold price per tola rose to Rs437,536 after a gain of Rs1,200 during the day.
Australian shares rose on Monday , supported by gains in mining, financial and energy stocks, while investors continued to assess the outlook for interest rates after the central bank lifted its…
SINGAPORE: Chicago wheat rose almost 1% on Monday , recovering from a multi-week low as a lack of progress in restoring Black Sea supplies disrupted by the Russia-Ukraine war supported prices.
BANGKOK: The Thai baht weakened against the US dollar on Monday . At 0208 GMT, the baht was 0.22% lower at 33.57 versus the dollar, after trading in a range of 33.550 to 33.610.
KUALA LUMPUR: Malaysian palm oil futures opened higher on Monday after falling for sixth straight sessions, supported by firmer Chicago soyoil, though weaker crude oil prices capped the gains.
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