» ECB may need fresh rate cut if euro strengthens, Kocher tells FT
28/01/26 11:06 from Business Recorder - Latest News
The European Central Bank may need to consider another interest rate cut if further gains in the euro begin to weigh on the bank’s inflation outlook, Austrian central bank governor Martin Kocher told the Financial Times . “If the euro ap...
» Chelsea urge vigilance after two fans injured ahead of Napoli match
28/01/26 11:02 from Business Recorder - Latest News
Chelsea urged travelling fans attending Wednesday’s Champions League fixture in Naples to remain cautious after two supporters required hospital treatment. The Premier League club did not provide details about the incident or how the inj...
» India bonds inch up as RBI moves up debt buying after sell-off
28/01/26 10:54 from Business Recorder - Latest News
MUMBAI: Indian sovereign bonds edged higher on Wednesday as the central bank brought forward its open market purchases by a week, prompting some traders to unwind bearish bets in early trade. The benchmark 10-year bond yield was at 6.708...
» Soybeans and corn rise thanks to sliding dollar, hot Argentina weather
28/01/26 10:51 from Business Recorder - Latest News
Chicago Board of Trade corn and soybean futures climbed on Wednesday as the market grappled with hot and dry conditions in Argentina that could damage crops and a rapidly weakening US dollar. Wheat futures also rose.
» Palm little changed as stronger ringgit weighs on prices
28/01/26 10:47 from Business Recorder - Latest News
JAKARTA: Malaysian palm oil futures were little changed in early trade on Wednesday, as a stronger ringgit countered support from gains in rival Chicago and Dalian soyoil. The benchmark palm oil contract for April delivery on the Bursa M...
» Australian shares climb as commodities lift gold, oil stocks ahead of key inflation data
28/01/26 10:46 from Business Recorder - Latest News
Australian shares advanced on Wednesday, buoyed by gains in gold and oil stocks on firmer commodity prices, while investors awaited a critical inflation report expected to guide the central bank’s next monetary policy decision. The S&...
» Australian dollar near 3-year peak as rate bets ramp up
28/01/26 10:44 from Business Recorder - Latest News
SYDNEY: The Australian dollar paused near three-year peaks on Wednesday as a selloff in the greenback turned into a rout, while a hot set of inflation figures at home ramped up the chance of a rate hike as soon as next week. The Aussie w...
» Japan’s Nikkei sinks under weight of strong yen; AI shares outperform
28/01/26 10:41 from Business Recorder - Latest News
TOKYO: Japan’s Nikkei share average dropped on Wednesday as a sharply stronger yen scuppered sentiment in the exporter-heavy index, although gains for artificial intelligence-related stocks limited losses. The Nikkei lost 0.5% to 53,052....
» Dollar struggles to recover from losses after Trump comments
28/01/26 10:37 from Business Recorder - Latest News
HONG KONG: The dollar ticked up Wednesday following another selloff fuelled by Donald Trump’s suggestion he was happy with the currency’s recent decline, while tech firms extended their rally ahead of much-anticipated earnings from the s...
» Air charter crash in India’s Maharashtra kills key state leader
28/01/26 11:09 from Business Recorder - Latest News
MUMBAI: The deputy chief minister of India’s wealthiest state of Maharashtra, Ajit Pawar, was killed on Wednesday, along with four people on board his charter aircraft that went down in flames, the aviation regulator said. Pawar, who hai...
» Packages Limited approves redemption of 2mn IFC preference shares
28/01/26 10:30 from Business Recorder - Latest News
Packages Limited (PKGS), Pakistan’s largest paper and board producer, said on Wednesday that it had approved the redemption of 2,000,000 preference shares/convertible stock held by the International Finance Corporation (IFC), based in Wa...
» Pakistan seeks larger rice exports to Türkiye as India, Vietnam intensify competition
28/01/26 10:16 from Business Recorder - Latest News
Pakistan has offered to match global rice prices through a government-backed support mechanism and supply both basmati and non-basmati rice to Türkiye at internationally competitive rates. The development came during a high-level meeting...
» Positive momentum at bourse, KSE-100 up nearly 700 points
28/01/26 09:59 from Business Recorder - Latest News
Stocks kicked off trading on a positive note, with the benchmark KSE-100 Index gaining nearly 700 points during the opening minutes of trading on Wednesday. At 9:40am, the benchmark index was hovering at 188,895.12, an increase of 692.27...
» Search for 32 people missing in Indonesia landslide hampered by rain as death toll rises to 34
28/01/26 08:11 from Business Recorder - Latest News
JAKARTA: Search operations for the 32 people still missing after a landslide in Indonesia’s West Java were hampered by rain on Wednesday morning, the country’s disaster mitigation agency said, as it raised the death toll to 34. The lands...
» Indian rupee set to find more breathing room after Trump remarks jolt dollar
28/01/26 08:08 from Business Recorder - Latest News
MUMBAI: The Indian rupee on Wednesday is poised to build on the previous session’s relief after President Donald Trump brushed off the dollar’s recent weakness, accelerating its slide and pushing it to multi-year lows. The 1-month non-de...
» Indian equity benchmarks set to open higher on EU trade deal, positive global cues
28/01/26 08:03 from Business Recorder - Latest News
BENGALURU: India’s equity benchmarks are likely to open higher on Wednesday, extending gains seen in the previous session after a landmark trade deal with the European Union, while positive global sentiment may also provide support. Gift...
» Dollar crumbles after Trump remarks; euro, yen, sterling surge
28/01/26 07:59 from Business Recorder - Latest News
SINGAPORE: The US dollar was grappling with a “crisis of confidence” as it struggled near four-year lows on Wednesday after President Donald Trump brushed off its recent weakness, exacerbating the dollar selling and lifting the yen, euro...
» Oil prices rise as US supply worries linger after winter storm
28/01/26 10:32 from Business Recorder - Latest News
TOKYO: Oil prices gained further ground on Wednesday as supply concerns lingered after a winter storm disrupted US crude output and exports, while Middle East tensions lent additional support. Brent crude futures rose 28 cents, or 0.4%, ...
» Gold’s blistering rally continues past $5,200 as dollar plunges to 4-year low
28/01/26 10:22 from Business Recorder - Latest News
Gold broke through $5,200 for the first time on Wednesday , after rising more than 3% on Tuesday, as the dollar plunged to a near four-year low amid persisting geopolitical concerns, ahead of a US Federal Reserve monetary policy decisi...
» Trump in Iowa touts economy as protests roil neighboring Minnesota
28/01/26 06:07 from Business Recorder - Latest News
CLIVE, Iowa: U.S. President Donald Trump rallied supporters in Iowa on Tuesday as he worked to shore up support in a Midwestern political battleground just south of neighboring Minnesota, where a confrontation was escalating over the ag...