» Pakistan, Kuwait discuss cooperation in petroleum sector
15/12/25 21:35 from Business Recorder - Latest News
Federal Minister for Petroleum Ali Pervaiz Malik held a meeting with Tariq Sulaiman Al-Roumi, Minister of Oil of Kuwait, on Monday to discuss matters of mutual interest and strengthen bilateral cooperation in the petroleum sector. The me...
» Will SBP rate cut ‘do little to ease pressure on businesses’?
15/12/25 21:06 from Business Recorder - Latest News
Despite a sustained moderation in inflation and clear signs of economic slack, experts say Pakistan’s monetary policy remains overly restrictive, constraining the recovery of private-sector activity. Some analysts and industrialists have...
» US stocks bounce as traders await delayed jobs, inflation data
15/12/25 20:42 from Business Recorder - Latest News
WASHINGTON: Wall Street stocks climbed Monday as investors await delayed government figures on US employment and inflation this week – both reports that could provide hints on the path of interest rates ahead. The Dow Jones Industrial Av...
» Finance Minister approves key appointments in PRCL, SLIC, Ignite
15/12/25 20:07 from Business Recorder - Latest News
The Cabinet Committee on State Owned Enterprises (CCoSOEs) met on Monday at the Finance Division under the chairmanship of Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb. The meeting was attended by Federal Minister...
» Messi mania peaks in India’s pollution-hit capital
15/12/25 19:42 from Business Recorder - Latest News
NEW DELHI: Football superstar Lionel Messi ended his whirlwind tour of India on Monday with a lap of honour in New Delhi, thrilling thousands of fans and thanking them for “all the love and support”. The 38-year-old Argentine great greet...
» Gulf markets muted as investors brace for US data; Egypt extends gain
15/12/25 19:34 from Business Recorder - Latest News
Most Gulf stock markets were subdued on Monday as investors turned cautious ahead of key U.S. economic data that could shape the interest rate outlook. The upcoming employment, inflation and other indicators are especially critical after...
» Netflix says its position on deal with Warner Bros Discovery unchanged
15/12/25 19:28 from Business Recorder - Latest News
Netflix’s decision to acquire assets from Warner Bros Discovery has not changed, its co-CEOs Greg Peters and Ted Sarandos said in a letter to employees on Monday. The streaming giant won Warner Bros’ vote earlier this month, securing a $...
» Abu Dhabi Ports signs MoU to develop, operate Shuaiba container terminal in Kuwait
15/12/25 19:23 from Business Recorder - Latest News
Kuwait Ports Authority (KPA) said on Monday it had signed a memorandum of understanding with Abu Dhabi Ports Group to develop and operate the container terminal at Kuwait’s Shuaiba port under a concession agreement. Shuaiba port, establi...
» Let digital literacy sink in before crypto regulation, asset tokenisation: experts
15/12/25 19:16 from Business Recorder - Latest News
KARACHI: Crypto, stablecoin, blockchain and asset tokenisation are clearly the future of Pakistan, however, the government should let innovation and digital literacy penetrate in the ecosystem before opting to regulate technological adva...
» PSW extends post-payment regime to SIDC following successful rollout for customs duties, taxes
15/12/25 19:06 from Business Recorder - Latest News
KARACHI: In a significant step toward streamlining trade operations and improving the ease of doing business, the Pakistan Single Window (PSW), in collaboration with the Federal Board of Revenue (FBR) and Pakistan Customs, has extended t...
» Soldier martyred, seven terrorists killed in Dera Ismail Khan operation: ISPR
15/12/25 18:14 from Business Recorder - Latest News
Pakistani security forces killed seven terrorists and recovered weapons and ammunition during an intelligence-based operation in Kulachi area of Dera Ismail Khan District on Monday, the military’s media wing said. The operation targeted ...
» Sri Lanka shares snap winning streak; third-quarter GDP growth at 5.4%
15/12/25 18:12 from Business Recorder - Latest News
Sri Lankan shares closed lower for the first session in six on Monday, ahead of the release of third-quarter GDP data that showed the country’s economy grew 5.4%. The CSE All Share index settled down 0.95% at 22,294.77. IT stocks, with a...
» Sri Lankan economy grew 5.4% in third quarter of 2025
15/12/25 18:08 from Business Recorder - Latest News
Sri Lanka’s economy grew 5.4% year-on-year in the third quarter of 2025, official data showed on Monday, signaling a sustained recovery from the decade’s worst financial crisis in 2022. The island nation’s economy had grown 4.9% in the p...
» India’s Nov palm oil imports rise as lower prices spur buying
15/12/25 18:04 from Business Recorder - Latest News
MUMBAI: India’s palm oil imports edged up in November as refiners took advantage of lower prices, boosting purchases of the tropical oil while reducing imports of the costlier soyoil and sunflower oil, a leading industry body said on Mon...
» RBI’s $5 billion FX swap to sail through, high hedging costs cloud corporate appetite
15/12/25 18:01 from Business Recorder - Latest News
MUMBAI: The Reserve Bank of India’s three-year dollar–rupee swap is expected to be fully subscribed, though bankers say a run-up in hedging costs is likely to keep corporate participation muted. The RBI’s dollar–Indian rupee swap will ab...
» India trade deficit narrows to 5-month low, official says close to framework deal with US
15/12/25 17:53 from Business Recorder - Latest News
NEW DELHI: India’s merchandise trade deficit declined to a five-month low of $24.53 billion in November, driven by a fall in gold, oil and coal imports, while exports to the U.S. picked up, government trade data released on Monday showed...
» Copper prices rise on short covering, ignoring weak China data for now
15/12/25 17:46 from Business Recorder - Latest News
LONDON: Copper prices rose on Monday as some traders rolled forward positions ahead of a contract expiry this week, helping the market to set aside weak data and worries about the property sector in top consumer China for now. Benchmark ...
» Palm oil drops on Dalian weakness, stronger ringgit
15/12/25 17:43 from Business Recorder - Latest News
JAKARTA: Malaysian palm oil futures closed lower on Monday, tracking weakness in Dalian edible oils and also pressured by a stronger ringgit. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchang...
» Indian rupee’s losing run persists on trade stalemate, portfolio outflows
15/12/25 17:39 from Business Recorder - Latest News
MUMBAI: The Indian rupee weakened further past the 90-per-dollar mark on Monday to a record low for the third consecutive session, driven by concerns over a prolonged deadlock in U.S.-India trade negotiations and persistent portfolio out...
» India share benchmarks end flat on US trade deal delay, outflows
15/12/25 17:31 from Business Recorder - Latest News
India’s equity benchmarks ended little changed on Monday, in line with the muted moves over the last two weeks, as foreign outflows and ongoing uncertainty surrounding a potential trade deal with the U.S. dampened sentiment. The Nifty 50...