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Pakistan and world business news from seven outlets, one story per event. Updated 1m ago.
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Pakistan seeks Alibaba cooperation for cashless economy, SME exports
Finance Minister Muhammad Aurangzeb met Alibaba International Digital Commerce leadership in Bangkok to discuss cooperation on digital payments, e-commerce and technology, including proposals to…
Business Recorder
Pakistan Refinery appoints interim chairman after Kirmani steps down
Following Tariq Kirmani’s resignation , Aftab Hussain has been appointed as chairman of Pakistan Refinery Limited (PRL) on an interim basis.
Business Recorder

Govt Will Sell 9 Power Companies Without Consulting Provinces
The Privatization Division has told a Senate subcommittee that no fresh approval from the Council of Common Interests (CCI) is
ProPakistani
Govt Is Comparing Import Duties Incorrectly
Pakistan’s national tariff policy is facing questions over its claim that the country has higher import duties than regional economies,
ProPakistani

Japan's Nikkei plunges as tech stocks hammered by AI, rate hike worries
TOKYO: Japan’s Nikkei share average tumbled nearly 5% on Thursday, with tech stocks hit hard by media reports about distressed debt at US cloud-computing provider CoreWeave, while hot US inflation…
Business Recorder
Global trade fragmentation creates opportunities for Pakistan, says Aurangzeb
Pakistan sees opportunities to expand trade with regional economic blocs amid growing fragmentation in global trade, Finance Minister Muhammad Aurangzeb said, as the country seeks to diversify its…
Business Recorder
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 Recorder
IMF 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 Recorder
China'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 Recorder
Chicago 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

India's palm oil imports in September rose 4.5% month-on-month, trade body says
India’s palm oil imports in September rose 4.5% from August to 817,884 metric tons, the Solvent Extractors’ Association of India (SEA) said on Thursday.
Business Recorder
Azerbaijan says January-September oil output hit 19.9mn tons
BAKU: Azerbaijan’s oil production in January-September amounted to 19.9 million metric tons, the energy ministry said on Thursday. BP produced 11.8 million tons of oil during that period.
Business Recorder
Egypt needs more work on reducing state footprint in economy, IMF says
BANGKOK: Egypt has made good progress in restoring macroeconomic stability despite a very difficult external environment, but must speed up structural reforms aimed at reducing the footprint of the…
Business Recorder
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