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Pakistan Assures IMF Subsidies Will Be Limited
Pakistan’s Finance Minister Muhammad Aurangzeb reaffirmed the government’s commitment to economic reforms and targeted subsidies for low-income families during a
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Pakistan and world business news from seven outlets, one story per event. Updated 1m ago.
417 stories matching “TE” · Clear
Indian rupee extends rise but falters past 95/USD on importer hedging, outflows
MUMBAI: The Indian rupee rose for a third consecutive session on Wednesday to hit a more than one-month peak as the central bank followed up tough regulatory measures with hawkish commentary.
Business RecorderIndia's Bank of Baroda says it will defend interests after UAE businessman Shetty files $15bn suit
MUMBAI: India’s Bank of Baroda BOB.NS on Wednesday said it will protect its interests, a day after UAE-based businessman and founder of NMC Health filed a $15 billion case against the lender and 25…
Business RecorderSECP Launches New Anti-Fraud System
The Securities and Exchange Commission of Pakistan (SECP) has approved the establishment of a Corporate Intelligence Unit (CIU) to identify
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Pakistan’s regulator establishes CIU to detect illegal schemes early
The Securities and Exchange Commission of Pakistan (SECP) has approved establishing a Corporate Intelligence Unit (CIU) to proactively identify registered companies suspected of running Ponzi or…
Business RecorderEuro zone bond yields slightly lower; inflation, rate outlook in focus
LONDON: Euro zone bond yields were slightly lower on Wednesday, continuing to stabilise after a period of sharp volatility, as investors tread cautiously ahead of US inflation data due later in the…
Business RecorderEuropean shares edge higher as ASML's AI demand outlook boosts tech
European shares inched up on Wednesday, recovering from modest losses in the previous session, as strong results from ASML lifted the technology sector.
Business RecorderJordan issues tender to buy up to 120,000 metric tons wheat, traders say
HAMBURG: Jordan’s state grain buyer has issued an international tender to buy up to 120,000 metric tons of milling wheat which can be sourced from optional origins, European traders said on…
Business RecorderSaudi stocks slip after attack on Aramco building; Gulf markets mixed
Major Gulf stock markets were mixed in early trade on Wednesday, with Saudi shares falling after an attack on a Saudi Aramco site heightened concerns over the escalating conflict between the kingdom…
Business RecorderPakistan’s Quantum Data plans local assembly of lithium batteries under China deal
Pakistan’s Quantum Data Technologies (QTECH), formerly known as Chakwal Spinning Mills Limited, is expanding beyond IT services into energy storage, signing a cooperation agreement with China’s…
Business RecorderGovt to Fix Textile Exports
The federal government has formed separate committees to address key issues facing Pakistan’s textile export industry and directed them to
ProPakistaniChina's crude stocks slump despite slight rise in September import rate
BEIJING: China’s September crude oil imports dropped 21.5% from a year earlier, customs data showed, with higher refinery runs and delayed crude arrivals contributing to the biggest monthly draw in…
Business RecorderChina's soybean imports fall 7.7% in September from a year earlier
BEIJING: China, the world’s largest soy buyer, imported 11.88 million metric tons of soybeans in September, down 7.7% from the same month last year, data from the General Administration of Customs…
Business RecorderJapan's Nikkei rebounds from sharp loss as chip-related shares rise
TOKYO: Japan’s Nikkei share average rebounded from the previous session’s sharp decline on Wednesday, as chip-related stocks rose, while declines of bank stocks weighed on the Topix.
Business RecorderJapan's 5-year bond yield steadies after firm auction outcome
TOKYO: Japan’s five-year government bond yield traded flat on Wednesday, retreating from the session high after a bond auction saw firm demand.
Business Recorder
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