» DG Khan Cement to build Pakistan’s largest single clinker production line, company says
31/12/25 13:30 from Business Recorder - Latest News
DG Khan Cement (PSX: DGKC), one of the country’s largest cement companies, announced on Wednesday that it had established a Letter of Credit (LC) for setting up Pakistan’s largest single clinker production line. The company shared the de...
» Giving every citizen a home makes economic sense
31/12/25 13:15 from Business Recorder - Latest News
Historically and globally, providing affordable housing has proven to be not just a matter of social welfare, but also a driver of economic stability, social cohesion, and national progress. Governments that have focused on enabling home...
» World bids farewell to 2025, a year of Trump, truces and turmoil
31/12/25 12:40 from Business Recorder - Latest News
SYDNEY: New Year’s Eve revellers toasted the end of 2025 on Wednesday, waving goodbye to 12 months packed with Trump tariffs , a Gaza truce and vain hopes for peace in Ukraine. It was one of the warmest years on record, the stifling heat...
» Thatta Cement approves 7.5MW wind power project
31/12/25 12:48 from Business Recorder - Latest News
Thatta Cement Company Limited (TCCL) announced on Wednesday that its Board of Directors had approved the development of an additional wind power project with an installed capacity of 7.5 MW. TCCL shared the development in a notice to the...
» Villa’s Emery downplays missed handshake with Arteta
31/12/25 12:27 from Business Recorder - Latest News
Aston Villa manager Unai Emery played down the absence of the traditional post-match handshake with Arsenal boss Mikel Arteta on Tuesday after his side’s 4-1 defeat at the Emirates Stadium snapped their 11-game winning run. Emery was see...
» Egypt’s Sobhi sentenced to a year in prison in academic fraud case, media reports
31/12/25 12:25 from Business Recorder - Latest News
Egypt international Ramadan Sobhi, who helped Pyramids win their first CAF Champions League title last season and previously played in the English Premier League, has been sentenced to one year in prison in connection with an academic fr...
» Australia’s Head hopes Ashes rivals meet for post-series drinks
31/12/25 12:04 from Business Recorder - Latest News
MELBOURNE: Opening batsman Travis Head hopes Australia and England will share a drink after the Ashes winds up in Sydney to revive a tradition that fell by the wayside after the 2023 series. Players and staff from both teams routinely me...
» Palm oil futures fall, head for annual loss in 2025
31/12/25 11:59 from Business Recorder - Latest News
JAKARTA: Malaysian palm oil futures fell on Wednesday and were headed for a loss in 2025, having booked an 8.75% drop so far for the year. The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange lost...
» Pakistan’s Supernet goes global, sets up Dubai as regional hub
31/12/25 11:59 from Business Recorder - Latest News
Supernet, a wholly-owned subsidiary of Telecard, has announced its rebrand to SupernetGlobal, alongside a strategy to expand selectively into high-growth international digital markets across the Middle East, Africa, and Central Asia. “Th...
» Indian steelmakers jump after New Delhi imposes import tariffs
31/12/25 11:53 from Business Recorder - Latest News
Shares of major Indian steel companies climbed between 2% and 5% on Wednesday after the country imposed a three-year import tariff on select products to curb cheap shipments from China. The levy, locally known as a safeguard duty, will b...
» Indian Oil buys first Colombian oil under Ecopetrol contract, sources say
31/12/25 11:48 from Business Recorder - Latest News
NEW DELHI: Indian Oil Corp purchased its first Colombian oil under an optional supply deal with state oil company Ecopetrol, two people familiar with the matter said, as India’s top refiner seek to diversify from Russian oil. Indian refi...
» Silver shines in 2025 global market spotlight as softs, oil lag
31/12/25 11:29 from Business Recorder - Latest News
SINGAPORE: Precious metals were the standout performers among commodities this year, with silver outperforming most major equity indexes and currencies, while gold hit record highs on economic and geopolitical risks. Industrial metals al...
» Over 100 injured as monorail trains crash at Indian hydropower site
31/12/25 11:11 from Business Recorder - Latest News
NEW DELHI: Two monorail trains collided at a hydropower plant being built in India’s northern state of Uttarakhand late on Tuesday and at least 109 workers were injured, a district official told Reuters . Most of the workers sustained mi...
» Thailand frees 18 Cambodian soldiers under new ceasefire deal
31/12/25 11:08 from Business Recorder - Latest News
BANGKOK/PHNOM PENH: Thailand released 18 Cambodian soldiers on Wednesday under an renewed ceasefire agreed by the two countries at the weekend, authorities from both countries said, easing tensions after weeks of deadly border clashes. T...
» Chicago soybeans set for first annual gain in three years; wheat, corn slide
31/12/25 11:04 from Business Recorder - Latest News
BEIJING: Chicago soybean futures slipped on Wednesday but were set to log their first annual gain in three years, supported by China’s return to the US market following a late-October trade truce, although ample global supplies capped th...
» Iron ore falls as demand weakens amid optimistic signs
31/12/25 11:02 from Business Recorder - Latest News
SINGAPORE: Dalian iron ore futures prices fell for a second straight session on Wednesday on weakening steel demand, although better-than-expected factory data in top consumer China capped losses. The most-traded May iron ore contract on...
» India bonds dip as quarter-end dulls demand, RBI skips old benchmark in OMOs
31/12/25 11:01 from Business Recorder - Latest News
MUMBAI: Indian government bond prices eased in early trading on Wednesday, the last trading session of 2025, due to quarter-end positioning, while the central bank’s omission of the former benchmark from its open-market purchases weighed...
» Copper set for biggest annual gain in 16 years, best performer among base metals
31/12/25 10:59 from Business Recorder - Latest News
Copper was poised on Wednesday for its biggest annual gain since 2009, making it the best performer among base metals, as supply concerns and prospects of surging demand from the AI boom and energy transition powered a blistering rally. ...
» China stocks fall; Hong Kong logs best year since 2017
31/12/25 10:57 from Business Recorder - Latest News
SHANGHAI: China’s stock gauge dipped on Wednesday despite an unexpected rebound in manufacturing activity, even as the market was set to log its best annual performance in six years on an artificial intelligence-fuelled rally. Hong Kong ...
» China will push more proactive macro policies in 2026, Xi says
31/12/25 10:54 from Business Recorder - Latest News
BEIJING: China will implement more proactive macroeconomic policies next year, President Xi Jinping said on Wednesday, according to state media. The Chinese economy is expected to achieve about 5% growth for 2025, to about 140 trillion y...