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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.comChina stocks fall, led by tech, as US inflation stokes Fed fears
SHANGHAI: China stocks fell on Thursday , tracking broad weakness in global markets, as technology shares led declines after stronger-than-expected US inflation data fueled concerns that interest…
Business RecorderChina's yuan gains as Fed rate caution knocks dollar from 18-month high
SHANGHAI: China’s yuan inched higher against the dollar on Thursday after the US currency slipped from an 18-month peak as Federal Reserve officials cautioned about chances for a hike in interest…
Business RecorderChicago 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 Recorder
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