» Global LNG: Asia spot prices rise for third straight week on cold-weather demand
30/01/26 18:52 from Business Recorder - Latest News
SINGAPORE: Asia spot liquefied natural gas rose for a third week on Friday to hold at a nine-week high, as colder temperatures lifted heating demand in the Northern Hemisphere and as U.S. export loadings eased earlier this week. The aver...
» India’s GIFT City attracts Lloyd’s and other global reinsurers, sources say
30/01/26 18:50 from Business Recorder - Latest News
MUMBAI: Some of the world’s biggest reinsurers, including Lloyd’s of London, are seeking Indian regulatory approval to operate in a low-tax city set up in the prime minister’s home state to try to rival other international financial hubs...
» US military destroyer docks at Israel’s Eilat port, Israeli media reports
30/01/26 18:32 from Business Recorder - Latest News
JERUSALEM: A US Navy destroyer has docked at the Israeli port of Eilat, Israel’s Ynet news website reported on Friday, citing the military, as tensions between Washington and Iran escalate. Ynet said the arrival of the destroyer at the s...
» Bajaj Auto posts quarterly profit rise on demand boost
30/01/26 18:22 from Business Recorder - Latest News
India’s top auto exporter Bajaj Auto reported an 18.7% rise in third-quarter profit on Friday, boosted by stronger exports and higher domestic sales of its two-wheelers. The Pulsar motorcycle maker’s profit rose to 25.03 billion Indian r...
» Gaza’s Rafah crossing with Egypt to reopen on Sunday, Israel says
30/01/26 18:13 from Business Recorder - Latest News
JERUSALEM: Israel will reopen the Rafah border crossing on Sunday for people to travel between Gaza and Egypt, the Israeli government agency that coordinates civilian policy in Gaza, COGAT, said on Friday. “The return of residents from E...
» India’s forex reserves rise to record high of $709.41 billion, central bank data shows
30/01/26 18:06 from Business Recorder - Latest News
MUMBAI: India’s foreign exchange reserves rose to a record high of $709.41 billion as of January 23, compared with $701.36 billion a week earlier, the Reserve Bank of India said on Friday. Forex reserves have risen sharply over the past ...
» UAE markets track oil prices lower as geopolitical risks ease
30/01/26 17:57 from Business Recorder - Latest News
Stock markets in the United Arab Emirates closed lower on Friday in line with oil prices on signs the U.S. may engage in dialogue with Iran over its nuclear programme, reducing concerns of supply disruptions from a U.S. attack. President...
» Trump picks former Fed official Warsh to run US central bank
30/01/26 17:52 from Business Recorder - Latest News
WASHINGTON: President Donald Trump on Friday chose former Federal Reserve Governor Kevin Warsh to head the U.S. central bank when Jerome Powell’s leadership term ends in May, giving a frequent Fed critic a chance to put his idea of monet...
» Sri Lankan shares end lower, snap four-week winning streak
30/01/26 17:44 from Business Recorder - Latest News
Sri Lankan shares closed lower on Friday, ending the week with losses, as the industrial and materials sectors weighed down the country’s benchmark stock index. The CSE All-Share index declined 0.4% to 23,812.31 points, down for a second...
» Indian rupee slips to record low, logs worst monthly fall in over 3 years
30/01/26 17:42 from Business Recorder - Latest News
MUMBAI: The Indian rupee slipped to its record low in the closing minutes of trading on Friday, capping its worst month since September 2022, as persistent foreign outflows and firm corporate dollar demand kept the currency under strain....
» Indian benchmark shares log biggest monthly loss in 11 ahead of annual budget
30/01/26 17:38 from Business Recorder - Latest News
Indian equity benchmarks logged their biggest monthly loss in nearly a year, as lingering uncertainty over U.S. trade policy and a subdued earnings season triggered sustained foreign selling ahead of the federal budget on Sunday. The Nif...
» Copper and other base metals fall on profit-taking
30/01/26 17:34 from Business Recorder - Latest News
LONDON: Copper prices fell on Friday, pressured by a stronger dollar and profit-taking as some investors locked in gains after the previous session’s record high. Benchmark three-month copper on the London Metal Exchange dropped 2.2% to ...
» Palm snaps four-month losing streak on boost from rival oils, crude, data
30/01/26 17:32 from Business Recorder - Latest News
JAKARTA: Malaysian palm oil futures snapped a four-month losing streak on Friday, despite closing lower for the day as investors booked profits. It rose every week in January to book a 4.42% gain, on a boost from higher soyoil and crude ...
» Muthoot Finance closes $600 million dollar bond sale
30/01/26 17:27 from Business Recorder - Latest News
MUMBAI: India’s Muthoot Finance has accepted bids worth $600 million for dollar-denominated bonds maturing in four years and six months, the country’s largest gold finance company said in a notice to stock exchanges on Friday. The compan...
» India 10-year bond posts worst pre-budget monthly fall in 4 years on supply jitters
30/01/26 17:23 from Business Recorder - Latest News
MUMBAI: Indian government bonds sold off in January, with the 10-year bond yield suffering its worst fall before the federal budget in four years as investors fretted over supply outpacing demand. Finance Minister Nirmala Sitharaman will...
» Gul Plaza tragedy: 69 bodies ‘handed over’; search for seven families continues
30/01/26 17:21 from Business Recorder - Latest News
Karachi Commissioner Syed Hassan Naqvi on Friday said out of the 79 people who died in the Gul Plaza tragedy, the bodies of 69 individuals have been handed over to their heirs. “Of the remaining ten bodies, DNA testing is being conducted...
» Rupee registers gain against US dollar
30/01/26 18:39 from Business Recorder - Latest News
The Pakistani rupee secured further gains against the US dollar, appreciating 0.01% in the inter-bank market on Friday. At close, the local currency settled at 279.77, a gain of Re0.03 against the greenback. On Thursday , the local unit ...
» Aurangzeb meets new SECP leadership
30/01/26 15:19 from Business Recorder - Latest News
Finance Minister Muhammad Aurangzeb met the newly appointed leadership of the Securities and Exchange Commission of Pakistan (SECP), led by Chairman Kabir Ahmed Sidhu and Commissioner Ali Farid Khawaja, on Friday to align priorities on d...
» Dissatisfied by PIMS procedure, PTI demands Imran Khan’s checkup by retina expert
30/01/26 14:51 from Business Recorder - Latest News
A day after the government confirmed that Imran Khan had undergone an eye procedure, the Pakistan Tehreek-e-Insaf (PTI) on Friday demanded that authorities allow the party’s founding chairman to be examined by a retina specialist. Federa...
» Alcaraz beats Zverev to reach Australian Open final
30/01/26 14:31 from Business Recorder - Latest News
MELBOURNE: Carlos Alcaraz beat Alexander Zverev 6-4 7-6(5) 6-7(3) 6-7(4) 7-5 to reach the Australian Open final on Friday. Alcaraz will meet the winner of Jannik Sinner and Novak Djokovic, who play in the late semi-final at Rod Laver Arena.