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Pakistan and world business news from seven outlets, one story per event. Updated 1m ago.
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 RecorderDollar retreats from 18-month high despite hot CPI as Fed officials temper hike bets
HONG KONG: The dollar slipped from an 18-month peak on Thursday despite hotter-than-expected inflation data, as cautious remarks from Federal Reserve officials and a pullback in Treasury yields led…
Business RecorderIMF warns of slowing Asian growth, spillover from rising yields
BANGKOK: The International Monetary Fund on Thursday projected Asia’s economic growth would moderate next year and warned of heightening risks from the Iran war-induced energy shock, a potential…
Business RecorderAsian 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 Recorder
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