» Intra-day update: rupee registers gain against US dollar
01/12/25 10:24 from Business Recorder - Latest News
The Pakistani rupee strengthened against the US dollar, appreciating 0.09% during the opening hours of trading in the inter-bank market on Monday. At 10:20am, the local currency was hovering at 280.27, a gain of Re0.25 against the greenb...
» Stocks rebound after early dip, KSE-100 gains nearly 300 points
01/12/25 10:39 from Business Recorder - Latest News
The equities staged a swift recovery on Monday morning, rebounding from an early dip as investor sentiment steadied and volumes picked up on the first trading session of December. At 9:45am, the benchmark index was hovering at 166,972.83...
» More work needed to reach Ukraine peace deal after ‘productive’ talks in Florida, Rubio says
01/12/25 08:44 from Business Recorder - Latest News
HALLANDALE BEACH: A meeting between US and Ukrainian officials in Florida on Sunday was “very productive,” US Secretary of State Marco Rubio said, adding that work still remains towards ending Russia’s war in Ukraine. “There are a lot of...
» Airbus narrows software crisis as airlines ride out A320 recall
01/12/25 08:37 from Business Recorder - Latest News
PARIS: Airbus fleets were returning towards normal operations on Monday after the European planemaker pushed through abrupt software changes faster than originally expected, as it wrestled with safety headlines long focused on rival Boei...
» Trump confirms conversation with Venezuela’s Maduro
01/12/25 08:30 from Business Recorder - Latest News
WASHINGTON: US President Donald Trump confirmed on Sunday that he had spoken with Venezuelan President Nicolas Maduro, but did not provide details on what the two leaders discussed. “I don’t want to comment on it. The answer is yes,” Tru...
» Tropical storm deaths top 600 in Southeast Asia, over 4 million affected
01/12/25 08:25 from Business Recorder - Latest News
JAKARTA/BANGKOK: The death toll mounted to over 600 from floods and landslides caused by torrential rains across three countries in Southeast Asia , officials said on Sunday, as relief efforts for tens of thousands of displaced people co...
» India equity benchmarks to open higher as GDP data tops forecast
01/12/25 08:18 from Business Recorder - Latest News
India’s equity benchmarks may open higher on Monday as stronger-than-expected economic growth in the quarter through September is expected to boost investor sentiment. Gift Nifty futures were trading at 26,509.5, as of 07:45 a.m. IST, in...
» Yen rises on Ueda comments; dollar braces for crucial December
01/12/25 08:16 from Business Recorder - Latest News
SINGAPORE: The yen rose on Monday, helped by comments from Bank of Japan Governor Kazuo Ueda who left the door open to a near-term rate hike, while the dollar began the month on the back foot as investors ramped up bets of a U.S. rate cu...
» Massive economic growth beat hands struggling Indian rupee a rare lift
01/12/25 08:13 from Business Recorder - Latest News
MUMBAI: The Indian rupee is expected to climb at the open on Monday, boosted by blowout economic growth data that beat the most optimistic forecasts, delivering a rare jolt of confidence to a currency that has been under persistent press...
» Asian stocks steady on Fed rate-cut optimism; yen firms
01/12/25 08:11 from Business Recorder - Latest News
SINGAPORE: Asian stocks made a steady start on Monday to the final month of 2025 as U.S. rate-cut optimism lifted risk sentiment ahead of economic data, while the yen firmed, with investors weighing the prospect of a near-term rate hike....
» Oil rises on OPEC+ output plan, Venezuela worries
01/12/25 08:07 from Business Recorder - Latest News
PERTH: Oil prices rose as much as 1.5% on Monday after OPEC+ members reaffirmed a plan to pause production increases in the first quarter of next year and the prospect of U.S. action against oil producer Venezuela unsettled the market. B...
» PKK urges Turkey to free Ocalan to advance peace process
01/12/25 07:42 from Business Recorder - Latest News
KANDIL, (Iraq): A senior Kurdistan Workers’ Party commander has told AFP the group will take no further steps in the peace process with Turkey, urging it to advance negotiations by freeing PKK founder Abdullah Ocalan. “All the steps the ...
» ‘India to pitch new arms deal with Russia during Putin visit’
01/12/25 07:44 from Business Recorder - Latest News
BENGALURU: India plans to start discussions toward the purchase of Russian fighter jets and a missile defense shield during President Vladimir Putin’s visit this week, Bloomberg News reported on Sunday, citing people with knowledge of th...
» Kazakhstan tells Ukraine to stop attacking Russian oil terminal
01/12/25 07:46 from Business Recorder - Latest News
ALMATY, (Kazakhstan): Kazakhstan told Ukraine on Sunday to stop attacking an oil terminal on Russia’s coast, after the facility which handles around 80 percent of Kazakh oil exports shut following drone strikes. Drones have targeted the ...
» Allies of Kyrgyzstan’s strongman president sweep snap parliamentary election
01/12/25 07:49 from Business Recorder - Latest News
BISHKEK: Allies of Kyrgyzstan’s President Sadyr Japarov swept the board in a snap parliamentary election on Sunday, preliminary results showed, cementing his increasingly tight control of politics in what had long been Central Asia’s mos...
» Australia arrests dozens in coal port protest
01/12/25 07:50 from Business Recorder - Latest News
SYDNEY: Australian police said Sunday they had arrested dozens of people during climate protests that claim to have halted two cargo ships at one of the world’s biggest coal export ports. A total 32 people were arrested and charged with ...
» Spanish opposition rally urges PM Sanchez resign
01/12/25 07:53 from Business Recorder - Latest News
MADRID: Brandishing slogans such as “enough is enough!” and “not another day!” Spain’s conservative opposition Popular Party rallied in Madrid on Sunday to demand Socialist Prime Minister Pedro Sanchez resign. The rally came days after S...
» Trump frees former GPB Capital CEO after Biden admin’s Ponzi scheme sentence
01/12/25 07:55 from Business Recorder - Latest News
NEW YORK: President Donald Trump has commuted the seven-year sentence of former GPB Capital Holdings CEO David Gentile, with a White House official on Sunday countering the claims at trial brought by the Biden administration that led to ...
» HCSTSI lauds launch of Wapda’s Complaint Helpline
01/12/25 08:05 from Business Recorder - Latest News
HYDERABAD: Muhammad Saleem Memon, President Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), warmly welcomed the launch of the 118 Complaint Helpline by Wapda, aimed at the prompt registration and effective resolution of...
» Cricketer Maaz highlights achievements
01/12/25 08:25 from Business Recorder - Latest News
LAHORE: In a span of just 11 months, Peshawar-born Maaz Sadaqat has compiled an admirable list of achievements and gained experience in different cricketing environments. He won player of the match award on his HBL PSL debut, which inclu...