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Indian benchmark shares rose on Tuesday, led by the IT index’s biggest one-day gain in more than 17 months after estimate-beating results from HCLTech and as the central bank’s support for the rupee…
MUMBAI: The Indian rupee outperformed its regional peers on Tuesday, boosted by new central bank measures to alleviate pressure on the Asian currency and likely spot market intervention that…
European shares rose to a one-week high on Tuesday as lower oil prices and falling bond yields lifted appetite, although disappointing results from luxury bellwether LVMH pressured the sector.
SHANGHAI/HONG KONG: The Hong Kong dollar edged towards the weak side of its trading band at 7.85 per US dollar on Tuesday, a level that could prompt the Hong Kong Monetary Authority (HKMA) to step…
TOKYO: Japanese government bond (JGB) yields moved in opposite directions on Tuesday, with shorter-term yields edging higher while the long end declined as investors weighed persistent inflation…
BANGKOK: The International Monetary Fund’s upward revision to its forecast for British economic growth this year adds to signs that Bank of England interest rates are not very restrictive, BoE…
TOKYO: Japan’s Nikkei slid on Tuesday as a selloff in AI-related stocks gathered pace after weakness in US chip shares, while geopolitical tensions further dampened risk sentiment.
JAKARTA: Chicago soybeans fell for a second straight session on Tuesday as harvest activity picked up across the US Midwest following a spell of dry weather, while traders awaited the US Department…
Australian shares inched lower on Tuesday, dragged down by losses in miners and technology stocks, as investors awaited minutes from the Reserve Bank of Australia’s September meeting for clues on…
Finance Minister Muhammad Aurangzeb, speaking in his capacity as First Vice-Chair of the G-24 at the Finance Ministers and Central Bank Governors’ Meeting, held on the sidelines of the World Bank…
LOS ANGELES: Actor Selma Blair was arrested after flight attendants reported a “physically abusive passenger” on a Delta Air Lines flight from Los Angeles to New York, the Port Authority of New York…
Federal Minister for Commerce Jam Kamal Khan called for expediting regulatory approvals for Pakistani pharmaceutical companies seeking access to the Ethiopian market, as Pakistan and Ethiopia…
As the government seeks to diversify its funding sources, Pakistan plans to return to China’s domestic bond market for further yuan-denominated borrowing and is exploring the possibility of issuing…
The International Monetary Fund (IMF) staff and Pakistan reached a staff-level agreement on the fourth review of the $7-billion Extended Fund Facility (EFF) and the third review of the Resilience…
TOKYO: Japan’s NTT Data Group, a unit of telecommunications giant NTT, is in the final stages of talks to build a data centre in Osaka, western Japan, for US AI company Anthropic, the Nikkei…
Indian equities were poised for a muted open on Tuesday as investors monitored Middle East tensions and elevated crude oil prices , while a faster-than-expected rise in retail inflation strengthened…
BANGKOK: The global economy will still manage to top 3% real GDP growth this year as strong AI investment offsets the energy shock from the war in the Middle East, but downside risks are mounting…
BANGKOK: Higher energy prices and a rise in long-term interest rates are likely to weigh on British economic growth next year, the International Monetary Fund warned on Tuesday, even as it revised…
SINGAPORE: Asian equities fell sharply on Tuesday led by technology shares as a widening conflict in the Middle East kept oil prices elevated, supporting the dollar ahead of an earnings season…
ISLAMABAD: Liberty Daharki Power Limited (LDPL) has urged the government to intervene for the immediate restoration of raw gas supplies to its 235-megawatt power plant, warning that its continued…
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