» Sindh approves Rs964.4mn for procurement of buses for Karachi
16/12/25 15:50 from Business Recorder - Latest News
Sindh Chief Minister Syed Murad Ali Shah, presiding over a cabinet, approved a wide-ranging financial and development package covering public transport, policing, wheat price relief, Thar coal connectivity, internal audit reforms, social...
» VEON-owned Jazz International Holding to acquire controlling stake in TPL Insurance
16/12/25 14:50 from Business Recorder - Latest News
Jazz International Holding Limited has been confirmed as the new acquirer of shares and control of TPL Insurance Limited, replacing the previously announced VEON Group Holding Company Ltd and its affiliates. The development was disclosed...
» FBR puts Islamabad property valuation tables on hold amid objections from real estate stakeholders
16/12/25 13:34 from Business Recorder - Latest News
The Federal Board of Revenue (FBR) has put on hold the recently notified valuation tables for immovable properties in Islamabad after real estate stakeholders raised objections over inflated rates in certain areas. The move comes as the ...
» May war: CM Sohail Afridi doubles compensation for KP martyrs’ families to Rs10mn
16/12/25 13:35 from Business Recorder - Latest News
Chief Minister Khyber Pakhtunkhwa Muhammad Sohail Afridi on Tuesday announced a significant increase in the financial assistance package for the families of security forces personnel who embraced martyrdom during the cross-border escalat...
» PCB aims to hold international, upcoming PSL matches in Kashmir
16/12/25 13:00 from Business Recorder - Latest News
Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi on Tuesday stated that every effort is being made to host the Pakistan Super League (PSL) 11 matches at the Muzaffarabad Cricket Stadium in Azad Jammu and Kashmir, which will also host i...
» Gold price drops by Rs4,000 per tola in Pakistan
16/12/25 12:16 from Business Recorder - Latest News
Gold prices in Pakistan decreased on Tuesday in line with their loss in the international market. In the local market, gold price per tola reached Rs450,862 after a decline of Rs4,000 during the day. Similarly, 10-gram gold was sold at R...
» India’s Oscar entry ‘Homebound’ tells true story of hardships and hopes
16/12/25 12:12 from Business Recorder - Latest News
LONDON: A decade after making his feature film debut with acclaimed drama “Masaan”, Indian director Neeraj Ghaywan returns with a second movie that seeks to give a voice to people who feel invisible. Based on true events, “Homebound” tel...
» Pakistan seeks oil deal with Russia as energy ministries hold talks, RIA reports
16/12/25 12:04 from Business Recorder - Latest News
Russia and Pakistan are in talks on a potential oil-sector agreement, Pakistan’s Finance Minister Muhammad Aurangzeb told RIA news agency in remarks published on Tuesday. “All of these areas are Russia’s strengths. And we would be very h...
» Sabalenka named WTA Player of the Year for second straight season
16/12/25 11:57 from Business Recorder - Latest News
World number one Aryna Sabalenka has been named WTA Player of the Year for the second consecutive season after spending the entire year at the top of the rankings, the governing body of women’s tennis announced on Monday. Sabalenka cappe...
» Ford retreats from EVs, takes $19.5 billion charge as Trump policies grip industry
16/12/25 11:55 from Business Recorder - Latest News
Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most dramatic example yet of the auto industry’s retreat from battery-powered models in response to the Trump adminis...
» Stokes tells England to ‘show a bit of dog’ in must-win Adelaide Test
16/12/25 11:45 from Business Recorder - Latest News
ADELAIDE: Captain Ben Stokes has demanded England “show a bit of dog” in the must-win third Ashes Test against Australia on Wednesday after “raw” conversations following heavy defeats in Perth and Brisbane. The tourists have crashed to c...
» Usman Khawaja overlooked as Australia captain Cummins, Lyon return for third Ashes Test
16/12/25 11:38 from Business Recorder - Latest News
ADELAIDE: Captain Pat Cummins and spinner Nathan Lyon have returned to the Australia XI for the third Ashes Test against England in Adelaide but opener Usman Khawaja has been left out, leaving his Test career at a cross-roads. Cummins re...
» Wheat slips to 8-week low as big Southern Hemisphere harvests boost supply
16/12/25 11:35 from Business Recorder - Latest News
CANBERRA: Chicago wheat futures tumbled for a second day on Tuesday, falling to their lowest in eight weeks, as large crops in Argentina and Australia kept the market flush with supply. Corn futures also slipped, pressured by competition...
» Kiwi dollar extends losing streak, bonds rally as markets wager on steady rates
16/12/25 11:34 from Business Recorder - Latest News
The kiwi dollar was under pressure on Tuesday and bonds rallied as markets pared back bets on rate increases next year, with the government’s mid-year budget revealing a small reduction in a near-term bond issuance programme. The kiwi sl...
» India bonds search for direction, state debt auction may provide some clues
16/12/25 11:32 from Business Recorder - Latest News
MUMBAI: Indian government bonds were broadly unchanged in early deals on Tuesday as investors awaited the state debt sale and the central bank’s debt purchase for further cues. The benchmark 10-year yield was at 6.5924% as of 10:00 a.m. ...
» China stocks hit two-month low, joining regional slide as US data looms
16/12/25 11:28 from Business Recorder - Latest News
HONG KONG: China and Hong Kong stocks extended declines on Tuesday with weakness across the board, joining the slide in the Asia region as sentiment turned jittery ahead of a slate of US data releases. The benchmark Shanghai Composite In...
» Japan bonds drift ahead of US jobs data, BOJ policy meeting
16/12/25 11:26 from Business Recorder - Latest News
TOKYO: Japanese government bonds (JGBs) barely budged on Tuesday as traders mainly remained on the sidelines ahead of crucial US jobs figures later in the day, and a Bank of Japan policy decision this week. The yield on 10-year JGBs was ...
» Russia’s air defence units destroy drone flying towards Moscow, mayor says
16/12/25 11:24 from Business Recorder - Latest News
Russia’s air defence units destroyed a drone flying towards Moscow, Mayor Sergei Sobyanin said on Tuesday on the Telegram messaging app . “Emergency services are working at the site where the debris fell,” Sobyanin said.
» Iron ore edges higher on anticipation of holiday restocking
16/12/25 11:22 from Business Recorder - Latest News
BEIJING: Iron ore futures prices rebounded on Tuesday after touching a five-month low in the prior session, helped by the anticipation of a wave of restocking from steel mills in top consumer China for the Lunar New Year holiday. The mos...
» Australian shares inch higher with boost from banks and
16/12/25 11:21 from Business Recorder - Latest News
Australian shares inched higher on Tuesday, recovering some of their losses from the previous session with support from heavyweight banks, while miners rallied on the back of firmer copper prices. The S&P/ASX 200 index rose 0.2% to 8...