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Indian rupee to rise after US yields reverse inflation-led spike, Fed hike bets remain low
MUMBAI: The Indian rupee is likely to rise at the open on Thursday , boosted by the pullback in US Treasury yields after an initial rise on sticky inflation data, with traders still pricing in…
Business RecorderIndian shares set to open lower as hot US inflation raises rate worries
Indian shares are set to open lower on Thursday , tracking Asian peers as a quicker-than-expected increase in US consumer price inflation raised expectations of another rate hike by the Federal…
Business Recorder
Asian markets sell off as AI trades crumble after hot US CPI data
SINGAPORE: Markets started the day on the back foot as trading kicked off in Asia on Thursday , as a quicker-than-expected increase in US consumer price inflation upped expectations for the Federal…
Business RecorderAurangzeb speaks of fiscal prudence
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Wednesday said Pakistan’s fiscal deficit had declined to 2.6 percent of GDP from a peak of 12.5 percent, while tax…
Business RecorderOver USD5bn annual exports targeted: AsiaPak seeks govt help for aluminium smelter at PQ
ISLAMABAD: AsiaPak Investments Limited has sought the government’s support for a proposed export-oriented aluminium smelter in the Port Qasim industrial area, targeting annual exports of more than…
Business RecorderLow-income, vulnerable states: IMF urges members to stock up funds
BANGKOK: IMF chief Kristalina Georgieva on Wednesday warned that current economic developments and the rapid advance of AI threaten to deepen the gulf between advanced and developing economies…
Business Recorder
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