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US military weighs use of ‘mother of all bombs’ in potential future strikes on Iran, CNN says
The US military has developed strike plans that could include using the GBU-43/B Massive Ordnance Air Blast Bomb, also known as the “mother of all bombs”, against Iranian energy infrastructure and…
Business RecorderIMF vows continued support for Sri Lanka
Sri Lanka’s macroeconomic situation is “much improved,” with its fiscal performance very strong and debt restructuring largely complete, Jain-Chandra said in a press conference during the IMF…
Business RecorderBull Markets That Last 4 Years Typically Last 5
Investing.comChicago soybeans fall on active harvests despite China buying demand
BEIJING: Chicago Board of Trade soybean futures extended a decline on Thursday as active harvesting in the US Midwest supported supplies, although losses were limited by a resumption of Chinese…
Business Recorder
BoE's Pill says a rate hike need not be start of long series
BANGKOK: A future interest rate increase by the Bank of England should not be interpreted by investors as the start of a long series of increases, BoE Chief Economist Huw Pill said on Thursday.
Business Recorder
Wheat Seed Prices High Ahead of Sowing Season
Pakistan’s Ministry of National Food Security and Research has urged private seed companies to reduce wheat seed prices ahead of
ProPakistaniSouth Korea's KOSPI triggers circuit breaker in tech-led selloff
SEOUL: South Korea’s benchmark stock index KOSPI fell 8% on Thursday, triggering a circuit breaker for the first time in 2-1/2 months, as chipmakers tracked a technology-led Wall Street selloff…
Business RecorderWorld Bank Worried About Pakistan
The World Bank has rated Pakistan’s tax reform program as moderately satisfactory but flagged substantial risks to its implementation, including
ProPakistaniBank rally helps Australia shares weather global equities selloff
Australian shares ended slightly lower on Thursday but recovered from intraday lows as bank stocks rallied after weaker-than-expected jobs data tempered rate hike bets, helping offset pressure from…
Business RecorderIndia's palm oil imports in September rose 4.5% month-on-month, trade body says
India’s palm oil imports in September rose 4.5% from August to 817,884 metric tons, the Solvent Extractors’ Association of India (SEA) said on Thursday.
Business RecorderAzerbaijan says January-September oil output hit 19.9mn tons
BAKU: Azerbaijan’s oil production in January-September amounted to 19.9 million metric tons, the energy ministry said on Thursday. BP produced 11.8 million tons of oil during that period.
Business Recorder
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