» Silver tops $65 for first time; gold firms as US unemployment rate climbs
17/12/25 10:32 from Business Recorder - Latest News
Silver vaulted past the $65 mark for the first time on Wednesday , while gold edged higher as weaker US labour data rekindled expectations of interest-rate cuts, pressuring the dollar and boosting demand for precious metals. Spot silver ...
» Thai industrial sentiment rises to 7-month high in November
17/12/25 10:30 from Business Recorder - Latest News
BANGKOK: Thailand’s industrial sentiment index rose to a seven-month high in November, bolstered by a series of government stimulus measures, the Federation of Thai Industries said on Wednesday. Thai baht is too strong, driven by capital...
» Stocks opens higher, KSE-100 gains over 400 points in early trade
17/12/25 10:30 from Business Recorder - Latest News
The Pakistan Stock Exchange (PSX) commenced trading on a positive note, with the benchmark KSE-100 Index trading over 400 points during the opening minutes of trading on Wednesday. At 9:35am, the benchmark index was hovering at 170,878.6...
» Shares meander after US jobs data, oil jumps on Venezuela blockade
17/12/25 10:27 from Business Recorder - Latest News
SINGAPORE: Global share markets drifted on Wednesday after a mixed US jobs reading failed to move the needle on the rate outlook there, leaving investors awaiting fresh cues for their next moves. Oil prices climbed after US President Don...
» Oil jumps as Trump orders blockade of sanctioned oil tankers leaving, entering Venezuela
17/12/25 10:23 from Business Recorder - Latest News
TOKYO: Oil prices climbed sharply on Wednesday after US President Donald Trump ordered “a total and complete” blockade of all sanctioned oil tankers entering and leaving Venezuela, raising fresh geopolitical tensions at a time of concern...
» BBC says will fight Trump’s $10bn defamation lawsuit
17/12/25 07:19 from Business Recorder - Latest News
LONDON: The BBC said Tuesday it would fight a USD10-billion lawsuit brought by US President Donald Trump against the British broadcaster over a documentary that edited his 2021 speech ahead of the US Capitol riot. “As we have made clear ...
» First EU airline flight in 35 years lands in Baghdad
17/12/25 06:12 from Business Recorder - Latest News
BAGHDAD: Iraq’s transport ministry said Tuesday that a flight operated by Greece’s Aegean Airlines had been the first European aircraft in 35 years to land at Baghdad’s international airport. In a statement, the ministry said the arrival...
» SPA to assume authority for all related matters soon: LG minister
17/12/25 07:21 from Business Recorder - Latest News
LAHORE: Punjab Local Government Minister Zeeshan Rafique has announced that the Suthra Punjab Authority (SPA) will soon assume responsibility for all related matters, and the Suthra Punjab Agency will be established in each district unde...
» PIBF welcomes decision to upload asset details of bureaucrats
17/12/25 07:31 from Business Recorder - Latest News
LAHORE: The Pak International Business Forum (PIBF) has warmly welcomed the Government of Pakistan’s decision to upload the asset details of senior bureaucrats on official websites and make them accessible to the public. This step, taken...
» Cautious investors, unmoved fundamentals
17/12/25 06:50 from Business Recorder - Latest News
Foreign investors are not suddenly bullish on Pakistan, but they are noticeably less anxious than they were two years ago. The latest OICCI Perception & Investment Survey suggests a shift from “panic mode” to something closer to “let...
» BR RESEARCH: Net-metering regulations draft: A welcome course correction
17/12/25 07:13 from Business Recorder - Latest News
After much dilly-dallying, the government has finally made a move on net metering regulations. The latest set of regulations draftsought for approval by the power regulator are nothing short of seismic. Expect uproar, from parliament to ...
» Suicide bomber kills five soldiers in northeast Nigeria
17/12/25 06:12 from Business Recorder - Latest News
MAIDUGURI (Nigeria): A suicide bomber struck a military position in northeastern Nigeria near the border with Cameroon, killing at least five soldiers, security and local defence sources said. The attacker targeted a military position in...
» UN warns 17m risk food insecurity in Afghanistan
17/12/25 06:12 from Business Recorder - Latest News
GENEVA: The number of people facing acute food insecurity in Afghanistan this winter is on the rise, and now stands at more than 17 million, the United Nations warned Tuesday. “The situation is getting worse, and we need to act now as Af...
» Pentagon prepares major military reorganisation plan: report
17/12/25 06:12 from Business Recorder - Latest News
WASHINGTON: US officials are working on a plan for a reorganisation of the military requested by Pentagon chief Pete Hegseth that would reduce four-star generals and consolidate some international command centers, the Washington Post rep...
» Europe launches international commission for Ukraine war damages
17/12/25 07:18 from Business Recorder - Latest News
THE HAGUE: Europe launched an International Claims Commission for Ukraine on Tuesday in an effort to ensure Kyiv is compensated for hundreds of billions of dollars in damage from Russian attacks and alleged war crimes. The gathering in T...
» Bondi Beach hero becomes source of pride in Syrian hometown
17/12/25 07:20 from Business Recorder - Latest News
AL-NAYRAB (Syria): Bondi Beach hero Ahmed al Ahmed, who put his life on the line by wresting a gun from an attacker in Australia’s deadly mass shooting, has become a source of pride for his hometown in Syria. “His act is a source of prid...
» Punjab exceeds wheat-sowing target by 200,000 acres
17/12/25 07:17 from Business Recorder - Latest News
LAHORE: Farmers in the province have brought 16.7 million acres of land under wheat sowing against a target of 16.5 million acres, thereby surpassing the target by 200,000 acres. Key factors behind this achievement include the timely ann...
» Hijazi takes oath as FTO
17/12/25 08:08 from Business Recorder - Latest News
ISLAMABAD: Federal Tax Ombudsman Secretariat has announced that Muhammad Zafar ul Haq Hijazi has taken the oath of office as the Federal Tax Ombudsman, administered by President Asif Ali Zardari. Hijazi’s oath marks the beginning of a ne...
» Pakistan Idol rejects baseless statements by former contestant
17/12/25 08:08 from Business Recorder - Latest News
KARACHI: Pakistan Idol upholds the highest standards of governance, integrity, transparency, and fairness in every stage of the competition. All allegations questioning the credibility of the show, its processes, or its contestants are t...
» Modern trauma care centre inaugurated in Chilas city
17/12/25 08:09 from Business Recorder - Latest News
ISLAMABAD: The government of Gilgit-Baltistan has finally operationalised a state-of-the-art trauma care centre in Chilas city situated in the heart of the three greatest mountain ranges of the world, the Himalayas, Karakorum, and Hinduk...