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BOJ may signal underlying inflation has hit 2% goal, sources say
TOKYO: The Bank of Japan may signal this month that underlying inflation has roughly hit its 2% target, three sources familiar with its thinking said, highlighting its readiness to raise interest…
Business RecorderAustralian shares set for third day of gains as weaker oil boosts risk appetite
Australian shares were set to rally for a third straight session on Tuesday, as falling oil prices eased inflation concerns and record Wall Street gains boosted risk appetite, lifting miners and…
Business RecorderAustralian dollar gets a lift from kiwi, euro selling
SYDNEY: The Australian dollar held its ground against the greenback on Tuesday as it drew demand against the New Zealand dollar and euro, while local bond markets showed resilience to the ongoing…
Business RecorderGlobal telecom operator VEON raises Pakistan investment plan to $1.5bn from $1bn, says Aurangzeb
VEON, a global digital operator that provides mobile connectivity and services, has increased its planned investment in Pakistan over the next three years to $1.5 billion from $1 billion, Finance…
Business RecorderJapan's Nikkei buoyed by Wall Street gains, dip in crude oil
TOKYO: Japan’s Nikkei share average rose on Tuesday, buoyed by overnight gains on Wall Street and a decline in crude oil prices.
Business RecorderDeepSeek to raise at least $12 billion in Tencent-backed funding, Bloomberg News reports
DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Business Recorder
FBR Cancels Rs. 26 Billion Auction of Bahria Town Properties
The Federal Board of Revenue (FBR) has canceled the auction of a Bahria Town property in Rawalpindi that was scheduled
ProPakistaniWhy Your Cheque Will Clear Faster Starting October 15
The State Bank of Pakistan (SBP) will launch the Pakistan Express Clearing System (PECS) from October 15 to speed up
ProPakistani
PM approves duty-free livestock imports for specialised farms to boost exports
Prime Minister Shehbaz Sharif gestures during a meeting. — APP/File ISLAMABAD: Prime Minister Shehbaz Sharif on Monday approved a comprehensive plan to restructure country’s livestock sector on…
Geo NewsMcDonald's supplier HyFun plans $208 million India IPO
BENGALURU: McDonald’s and KFC supplier HyFun Foods plans to raise up to 20 billion rupees ($207.7 million) in an IPO by late 2028, the frozen-foods maker’s CEO said, betting on surging demand from…
Business RecorderIndian shares poised to extend rebound ahead of RBI policy verdict
Indian shares are likely to open higher on Tuesday , extending their rebound from the previous session as supportive global cues and positive quarterly business updates lift sentiment ahead of a…
Business Recorder
The provincial revenue problem
EDITORIAL: Sindh government spokesperson Sukhdev Hemnani’s recent observation that federal revenue shortfalls are affecting provincial finances and development is valid as far as it goes.
Business RecorderPPDA vows consultation to resolve issues facing dealers
KARACHI: Pakistan Petroleum Dealers Association (PPDA) Chairman Malik Khuda Bakhsh has said the association’s leadership is prioritising the resolution of dealers’ issues and that its members have…
Business RecorderSECP talk series: Pakistan a big market for inclusive insurance: MIC official
ISLAMABAD: Pakistan offers a large market for inclusive insurance, which can strengthen social protection and support progress towards the Sustainable Development Goals, said Michael J.
Business RecorderBusiness issues to be taken up with relevant institutions: ICCI chief
ISLAMABAD: Newly elected President Islamabad Chamber of Commerce and Industry (ICCI) Mohammad Zikria Akbar Zia has said that business issues would be systematically identified, prioritized and taken…
Business RecorderFaisalabad moves to become first circular city to boost exports
FAISALABAD: Practical measures have been initiated to make Faisalabad Pakistan’s first circular city in a bid to meet European Union (EU) compliance requirements and enhance the exports of Pakistani…
Business Recorder
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