» US official says Iran war truce 'terminated' hostilities for war powers deadline
01/05/26 10:22 from Business Recorder - Latest News
WASHINGTON: A US-Iran ceasefire that began in early April has “terminated” hostilities between the two sides for the purposes of an approaching congressional war powers deadline, a senior official of President Donald Trump ’s administr...
» Asia shares find relief in tech resilience, oil off peak
01/05/26 10:15 from Business Recorder - Latest News
SYDNEY: Asian share markets rebounded in relief on Friday as oil prices came off the boil and upbeat company earnings pulled investors into tech stocks, while Japan’s first yen-buying intervention in two years steadied the battered curr...
» Californians now paying 6 bucks a gallon for kicks on Route 66
01/05/26 10:11 from Business Recorder - Latest News
CARLSBAD: Motorists commemorating the centennial of US Route 66 - a celebrated symbol of carefree road trips - were paying $6 a gallon for gasoline in California on Thursday, the highest price in two years and a brewing political flashp...
» Oil prices rise with no sign of end to Iran war
01/05/26 10:05 from Business Recorder - Latest News
MELBOURNE: Oil rose on Friday as efforts to resolve the Iran war remained at an impasse , with Tehran still blocking the Strait of Hormuz and the US Navy blocking exports of Iranian crude. Brent crude futures for July were up $1.04, or...
» Yen steadies after Japan intervention; traders brace for more action
01/05/26 09:59 from Business Recorder - Latest News
TOKYO: The yen trimmed gains against the dollar on Friday, but was still poised for its strongest weekly rally in more than two months after Japanese authorities stepped into the markets to haul the currency back from near two-year lows...
» Pakistan, South Korea agree to accelerate CEPA, expand trade & investment cooperation
01/05/26 09:58 from Business Recorder - Latest News
Pakistan and South Korea have agreed to fast-track negotiations on a Comprehensive Economic Partnership Agreement (CEPA), indicating renewed momentum in bilateral trade ties. The development came during a virtual meeting of Federal Minis...
» Gold heads for weekly loss on oil-driven inflation concerns
01/05/26 09:54 from Business Recorder - Latest News
Gold was steady in thin trading on Friday , but was on course for a weekly decline as higher oil prices fuelled inflation worries and expectations of higher-for-longer interest rates. Spot gold was steady at $4,620.57 per ounce, as of 0...
» Thousands of kanal of amenity, public utility land transferred to CDA: NAB
01/05/26 06:30 from Business Recorder - Latest News
ISLAMABAD: The National Accountability Bureau (NAB) on Thursday claimed that thousands of kanal of amenity and public utility land have been formally transferred to the Capital Development Authority (CDA) in a move to regularise long-pen...
» Sindh CM extends petrol subsidy for motorcycle owners
01/05/26 06:31 from Business Recorder - Latest News
KARACHI: Sindh Chief Minister Murad Ali Shah has announced an extension of targeted relief for low-income commuters, keeping a key petrol subsidy in place for motorcycle owners as fuel prices continue to strain household budgets. The dec...
» Senate body orders probe into telecom network outages
01/05/26 06:35 from Business Recorder - Latest News
ISLAMABAD: The Senate Standing Committee on Information Technology and Telecommunication on Thursday ordered a probe into persistent telecom network outages and directed authorities to finalise long-delayed Telecom Competition Rules with...
» PTCL refutes news
01/05/26 06:36 from Business Recorder - Latest News
KARACHI: Pakistan Telecommunication Company Limited (PTCL) notes recent media reports regarding a potential change in the investment position of e& (formerly Etisalat) in Pakistan. The company would like to reject the baseless and sp...
» Pakistan, China talk climate economy
01/05/26 06:40 from Business Recorder - Latest News
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a comprehensive meeting Thursday with Dr. Ma Jun, President of the Institute of Finance and Sustainability, Beijing, China. The meeting focused on adva...
» Over 2.7m children under five facing acute malnutrition
01/05/26 06:44 from Business Recorder - Latest News
LAHORE: Over 2.7 million children under five in Pakistan face acute malnutrition, even as one province charts a promising path forward. A new analysis by the Integrated Food Security Phase Classification (IPC) warns that more than 2.7 mi...
» Investment sought in AI, robotics & blockchain
01/05/26 06:47 from Business Recorder - Latest News
ISLAMABAD: Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) and Minister of State, Bilal Bin Saqib, on Thursday urged the industrial sector to deepen its investment in Artificial Intelligence (AI), robotics, and block...
» Senate body told: ‘PBM responsible for Rs335m irregularities; no recovery plan yet’
01/05/26 06:49 from Business Recorder - Latest News
ISLAMABAD: The Senate Sub-Committee on Poverty Alleviation and Social Safety was informed that Pakistan Bait-ul-Maal (PBM) is responsible for financial irregularities amounting to Rs335 million, and the recovery plan, required under the ...
» Foreign funding case against IK: Defence, prosecution clash over procedural scrutiny
01/05/26 06:54 from Business Recorder - Latest News
ISLAMABAD: The high-profile foreign funding case against jailed former prime minister Imran Khan continued to spark courtroom tension on Thursday, with defence and prosecution clashing over procedural scrutiny. The case, being heard by B...
» Dar, EU VP talk on phone
01/05/26 06:55 from Business Recorder - Latest News
ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar spoke with EU Vice President/High Representative Kaja Kallas. They discussed the evolving regional situation, including its economic and broader im...
» Medical, dentistry institutions: Dar for enhancing transparency, education quality
01/05/26 06:58 from Business Recorder - Latest News
ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar chaired a meeting on Thursday on the recognition of medical, dentistry, and alternative medicine educational institutions. The meeting reviewed exi...
» Release of nationals: Actively engaged with Somalia, Cambodia govts: FO
01/05/26 07:01 from Business Recorder - Latest News
ISLAMABAD: The Foreign Office announced on Thursday that Pakistan is actively engaged with the governments of Somalia and Cambodia to secure the release of its nationals. According to officials, over 11 Pakistanis were taken hostage by p...
» 13 militants killed in Mohmand, S Waziristan
01/05/26 05:18 from Business Recorder - Latest News
ISLAMABAD: Security forces killed 13 militants during two separate attempts to infiltrate the Pakistan-Afghanistan border in Khyber Pakhtunkhwa’s Mohmand and North Waziristan districts on April 28–29, the military’s media wing said on We...