Latest News on Business, Finance and Markets from Pakistan

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News

Brecorder
brecorder.com > news > amp > 40439373

Dollar steady, yen near 7-month high ahead of Fed, BOJ meetings

10+ hour, 51+ min ago   (654+ words) The dollar holds steady while the yen gains ahead of pivotal central bank rate decisions, as Mideast tensions drive oil prices and influence global monetary policy. SINGAPORE: The dollar was steady on Monday, ​with the yen holding on to its…...

Brecorder
brecorder.com > news > 40/43/9372 > oil-prices-jump-more-than-2-after-new-strikes-on-saudi-strait-of-hormuz

Oil prices jump more than 2% after new strikes on Saudi, Strait of Hormuz

10+ hour, 56+ min ago   (431+ words) Oil prices surged over 2% due to Houthi strikes, Iranian attacks on ships, and the closure of a key Saudi pipeline, intensifying global supply concerns. BEIJING: Oil prices jumped more than 2% on Monday, after new Houthi strikes on Saudi Arabia and…...

Brecorder
brecorder.com > news > amp > 40439318

Sterling climbs after UK growth beats expectations

13+ hour, 41+ min ago   (313+ words) LONDON: The pound rose slightly on Friday after data showed UK growth beat expectations in July, continuing a string of relatively upbeat readings for the British economy. British gross domestic product grew 0.4 percent in July, figures from the Office for…...

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brecorder.com > news > amp > 40439319

Wall Street Week Ahead: Investors brace for possible rate hike at uncertain Fed meeting

13+ hour, 41+ min ago   (498+ words) NEW YORK: Investors head into next week’s Federal Reserve meeting bracing for the central bank to raise interest rates, a move that could threaten a US stock market rally already showing some vulnerability to rising bond yields. For years, inflation…...

Brecorder
brecorder.com > news > 40/43/9210 > anxious-french-consumers-cut-back-as-election-budget-battles-loom

Anxious French consumers cut back as election, budget battles loom

1+ day, 16+ hour ago   (253+ words) PARIS: A cash-strapped customer split an entrecôte steak with a companion the other day at David Zenouda’s Paris restaurant while others increasingly share starters, skip wine at lunch or opt only for a main course. It’s a sign of the…...

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brecorder.com > news > 40/43/9279 > russian-nuclear-head-says-ukraine-attacked-fuel-trucks-endangered-zaporizhzhia-plant

Russian nuclear head says Ukraine attacked fuel trucks, endangered Zaporizhzhia plant

1+ day, 5+ hour ago   (317+ words) Russia's nuclear chief accuses Ukraine of attacking fuel trucks at the Russian-held Zaporizhzhia nuclear plant, killing two servicemen and endangering nuclear safety. The head of Russia’s state nuclear energy corporation accused Ukraine on Sunday of attacking diesel fuel trucks, killing…...

Brecorder
brecorder.com > news > amp > 40439217

French economy not in danger but deficit must be cut, central bank chief says

1+ day, 16+ hour ago   (123+ words) Business Recorder PARIS: French central bank chief Emmanuel Moulin said on Friday that France was not in catastrophic economic danger but the government must act to reduce the country’s public deficit. Moulin was speaking after INSEE revised its economic forecast…...

Brecorder
brecorder.com > news > 40/43/9206 > imfs-austerity-advice

IMF???s austerity advice

1+ day, 16+ hour ago   (203+ words) IMF’s austerity advice Business Recorder This is apropos a news item titled ‘Oxfam says IMF pushed for larger austerity cuts in borrowing countries’ carried by this newspaper recently; according to which, the IMF has pushed borrowing countries to make bigger…...

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brecorder.com > news > 40/43/9174 > sindh-decides-to-pay-pension-on-retirement-day-from-jan-2027

Sindh decides to pay pension on retirement day from Jan 2027

2+ day, 13+ min ago   (479+ words) The Sindh government has decided that employees retiring from January 1, 2027 will receive their pension and other basic financial dues on the day of their retirement. The decision was taken at a meeting chaired by Sindh Chief Secretary Asif Hyder Shah…...

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brecorder.com > news > 40/43/9027 > south-korea-shares-drop-on-oil-bond-rout-concerns

South Korea shares drop on oil, bond rout concerns

3+ day, 6+ hour ago   (288+ words) South Korean shares fell on Friday amid a sell-off in US treasuries while the inflation data there reinforced bets on an imminent Federal Reserve interest rate hike. The won strengthened, while the benchmark bond yield rose. The benchmark KOSPI was…...