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Forex Reserves Under Pressure
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has raised concerns over the 15.13 percent increase in Pakistan’s
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US and German scientists win Nobel medicine prize for work on light and brain
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…
Business RecorderMost Gulf bourses edge up on energy relief, fading Fed hike odds
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…
Business RecorderGovt Clears 9 Parties to Buy GEPCO
The Privatisation Commission Board has prequalified nine parties to bid for a majority stake in Gujranwala Electric Power Company (GEPCO),
ProPakistaniIT stocks drag Sri Lankan shares lower
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.
Business RecorderPM Shehbaz seeks stronger economic ties with Poland
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…
Business RecorderTextile Industry Asks Govt to End Karachi Port Charges
The All Pakistan Textile Mills Association (APTMA) has asked the Pakistan Single Window (PSW) to exempt Export Facilitation Scheme (EFS)
ProPakistaniIndustrialists express concern over 15% surge in Pakistan’s trade deficit in 1QFY27
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…
Business RecorderFitch says Saudi Arabia's 2027 pre-budget statement flags Iran war fiscal pressures
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.
Business Recorder
What is US EXIM bank and why is Pakistan turning to it now?
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…
Business RecorderEuro Suddenly Near Rs. 300
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 254th consecutive day on Monday. Meanwhile,
ProPakistaniIndian rupee ends flat, anchored by RBI intervention in face of global strains
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…
Business RecorderUK's FTSE 100 steadies after worst week since April as miners gain
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.
Business Recorder- Rupee & forexUpdated
Rupee records gain against US dollar
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.
Business Recorder India markets regulator to partly reverse derivative settlement rules after pushback, sources say
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…
Business RecorderAPTMA seeks exemption of EFS imports from Punjab infrastructure cess
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…
Business Recorder
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