Latest - Business Recorder

World

Qatar reaffirms mediation role in US-Iran talks after meeting with Witkoff

US envoy Steve Witkoff and President Donald Trump's son-in-law Jared Kushner, where they discussed developments in ongoing US-Iran talks

Published 01 Jul, 2026 02:36am

World

Iran prioritises diplomacy with US but remains ready for war: negotiator

We are pursuing dialogue, but if the dialogue is not implemented, we are also prepared for war

Published 01 Jul, 2026 12:51am

Pakistan

Interior Minister Mohsin Naqvi lands in Riyadh

Prince Abdulaziz receives him at King Khalid Airport in Riyadh

Published 01 Jul, 2026 12:04am

Markets

Pakistan stocks end FY26 on a high as KSE-100 jumps 44%

Benchmark index records 335% gain in three fiscal years (FY24, FY25 and FY26)

Updated 01 Jul, 2026 01:53am

Markets

Finance ministry sees June inflation at 11-12%

Projects improvement in CPI inflation, growth outlook for FY27

Published 30 Jun, 2026 10:34pm

Perspectives

Thucydides reborn: Melos and modern Iran

In the annals of classical history, few texts capture the raw essence of power politics as vividly as Thucydides’...

Published 30 Jun, 2026 09:15pm

Sports

PSG's Portugal forward Ramos signs five-year AC Milan deal

Ramos is at the World Cup with Portugal and will play under his fellow countryman in Ruben Amorim

Published 30 Jun, 2026 08:52pm

Sports

Serena set for remarkable Wimbledon return, Swiatek survives scare

The 23-time Grand Slam champion announced her shock return to the sport earlier this month

Published 30 Jun, 2026 08:48pm

World

US Supreme Court rejects Trump bid to restrict birthright citizenship

The 6-3 ruling marked the second time this year that the court has invalidated a major Trump initiative

Published 30 Jun, 2026 08:07pm

Markets

India's inflation may stay contained in coming months as commodity prices ease, govt report says

Easing global commodity prices, including crude oil and urea, may help reduce imported inflationary pressures

Published 30 Jun, 2026 07:50pm

World

Sri Lanka's economy still vulnerable despite Middle East crisis easing, reforms key says IMF

Sri Lanka is recovering from a severe financial crisis triggered by a record dollar shortage four years ago

Published 30 Jun, 2026 07:32pm

Markets

India bonds up on oil slump, foreign inflows; 10-year yield posts biggest monthly fall in 7 years

The yield on the benchmark 6.94% 2036 bond ended at 6.7501%

Published 30 Jun, 2026 07:30pm

World

Deutsche Bank sells India retail business to Kotak Mahindra

The exit 'represents a further step in simplifying our business and focusing on our strengths as we further enhance our profitability', says Deutsche Bank

Published 30 Jun, 2026 07:18pm

Markets

Gulf markets end mixed on uncertainty over Doha talks

Dubai’s main share index dropped 0.6%

Published 30 Jun, 2026 07:15pm

Markets

Sri Lankan shares close lower on broad-based losses

CSE All Share index settled down 0.65% at 22,263.28.

Published 30 Jun, 2026 07:10pm

Pakistan

14 children dead as tuition centre roof collapses in Lahore's Kahna

Rescue officials say 11 students are still trapped under the rubble

Published 30 Jun, 2026 07:07pm

Markets

US stocks open mixed in last session of winning quarter

S&P 500 added 0.1% while Nasdaq Composite Index gained 0.3%

Published 30 Jun, 2026 07:05pm

Markets

Indian banks' bad loans to remain below 2% through 2028, RBI report says

Gross bad loan ratio is the proportion of non-performing or bad assets to total loans, with figures under 2% considered a healthy ratio

Published 30 Jun, 2026 07:01pm

Pakistan

Pakistan joins International Olive Council, showcases rapidly expanding olive sector

“Farm-to-fork” value chain has been established, says minister

Published 30 Jun, 2026 06:42pm

World

European Securities authority approves recognition for India clearing corporation

This will allow CCIL to continue to remain under the supervision of the Reserve Bank of India

Published 30 Jun, 2026 06:30pm

World

Japan's Takaichi seeks deeper India ties on trade, security

Modi and Takaichi will also attend business events with executives from both countries

Published 30 Jun, 2026 06:18pm

World

Iran says will respond to any US violation of memorandum of understanding

Tehran warns US of decisive retaliation for any breach of Middle East peace memorandum

Updated 30 Jun, 2026 08:52pm

Markets

India's April-May fiscal deficit at 9.6% of full-year target

India sets the fiscal deficit target for 2026/27 at 4.3% of GDP, or 16.96 trillion rupees

Published 30 Jun, 2026 06:11pm

World

Turkiye says NATO adjusting to security landscape, US not withdrawing

Turkiye will host 32 NATO leaders, as well as officials from the Gulf and Asia-Pacific region

Updated 30 Jun, 2026 06:17pm

Markets

Foreign investors pour record money into Indian debt on tax breaks, index inclusion hopes

MUMBAI: Foreign investors bought a record $3 billion of Indian government bonds in June, their highest monthly...

Published 30 Jun, 2026 05:47pm

Pakistan

Pre-monsoon rains likely to begin in Punjab from tomorrow: PDMA

Warns of risk of urban flooding in Rawalpindi, Lahore, Faisalabad

Published 30 Jun, 2026 05:43pm

Markets

Coal India to invest $201 million in research and development by fiscal 2030

Coal India commits 2.53 billion rupees to three Indian Institutes of Technology

Published 30 Jun, 2026 05:30pm

Markets

India overnight rate breaks above ceiling of policy corridor as liquidity tightness persists

The interbank call money rate hit 5.65% on Tuesday

Published 30 Jun, 2026 04:55pm

Pakistan

Bride has exclusive ownership of wedding gifts, jewellery: Supreme Court

Family courts can settle such claims in accordance with the law

Published 30 Jun, 2026 04:47pm

World

US envoys Witkoff, Kushner meeting mediators in Doha

Says no high-level meetings or direct talks between the United States and Iran planned in Doha

Published 30 Jun, 2026 04:27pm

World

India's Cockroach party seeking education minister's ouster awaits cabinet reshuffle

The CJP is demanding his resignation for the leak of question papers for a national medical college entrance examination

Published 30 Jun, 2026 04:22pm

Markets

Ingredion completes sale of majority stake in Pakistan's Rafhan Maize

Ingredion Incorporated, a leading global provider of ingredient solutions, on Tuesday announced that it has...

Published 30 Jun, 2026 04:20pm

World

India records fifth driest June since 1901 as monsoon rains lag

India receives 99.5 mm of rainfall in June against a normal of 165.3 mm

Published 30 Jun, 2026 04:13pm

Technology

'Protecting the privacy of your phone number': WhatsApp will soon offer usernames

Restricting access to phone numbers would mean they are not shared automatically in cases such as being added to a large group chat or messaging person or business for the first time, says WhatsApp

Published 30 Jun, 2026 04:09pm

Markets

India's Russian oil imports to hit record high in June, data shows

Indian refiners receive about 2.70 million bpd of oil from Russia this month

Published 30 Jun, 2026 04:08pm

Markets

Aluminium on track for biggest quarterly fall in 3 years on MidEast supply hopes

Benchmark aluminium on the London Metal Exchange was up 1.3% at $3,127.50 a metric ton

Published 30 Jun, 2026 04:04pm

Markets

Palm down on weaker soyoil, prospect of increased output, but logs monthly gain

Dalian’s most-active soyoil contract fell 0.14%

Published 30 Jun, 2026 03:59pm

Markets

Indian rupee ekes out first quarterly gain in five on oil drop, policy salvo

The currency ended the day at 94.66 per dollar

Published 30 Jun, 2026 03:56pm

Markets

Rupee registers marginal gain against US dollar

Settles at 278.16

Updated 30 Jun, 2026 07:19pm

Markets

Indian assets eye turnaround after tumultuous quarter rocked by Iran war

Alongside a ceasefire in the Middle East, the salvo of policy changes helps arrest the spiral in Indian assets

Published 30 Jun, 2026 03:53pm

Markets

Indian shares post monthly gains as lower oil, RBI measures counter IT drag

Nifty 50 fell 0.34% to 23,865.75, while the BSE Sensex edged 0.33% lower to 76,478.67

Published 30 Jun, 2026 03:47pm

Markets

Ghani Chemicals to turn OGDCL gas into CNG, LPG from 2027

GCIL awarded a pivotal five-year contract by OGDCL for natural gas processing, strategically diversifying its operations

Published 30 Jun, 2026 03:03pm

Markets

Gold price per tola drops by Rs4,100 in Pakistan

International rate of gold declines by $41 to reach $4,024 per ounce

Updated 30 Jun, 2026 07:34pm

Pakistan

Pakistan to protect sanctity of Indus Waters Treaty by all means: Tarar

Says IWT can't be amended, revoked, suspended, held in abeyance unilaterally

Updated 30 Jun, 2026 05:10pm

World

Myanmar jade mine landslide kills five, 15 missing

'The collapse occurred after days of heavy rain left old mine waste heaps unstable'

Published 30 Jun, 2026 12:15pm

World

Over 58,000 buildings likely damaged or destroyed in Venezuela: satellite data

Some 1,700 people were killed and thousands remain missing following the quakes of magnitude 7.2 and 7.5

Published 30 Jun, 2026 12:13pm

Life & Style

America's royal couple, Taylor and Travis, may wed this week

The record-setting pop singer and her fiancé, National Football League player Travis Kelce, are widely expected to marry this week

Published 30 Jun, 2026 11:48am

Markets

Thai baht/US dollar weaker on Tuesday

The baht was 0.18% lower at 33.31 versus the dollar, after trading in a range of 33.255 to 33.350

Published 30 Jun, 2026 11:27am

Business & Finance

Meat exporter Al Shaheer Corporation attracts bid for controlling stake

Pakistani meat exporter Al Shaheer Corporation is set for a major change as Muhammad Farrukh moves to acquire a controlling 53.5% stake

Updated 30 Jun, 2026 01:18pm

Markets

Apple iPhone 18 Pro supplier list, parts and photos exposed in Tata data leak

The exposure threatens the carefully negotiated business of building the iPhone, which Apple assembles from a thicket of suppliers worldwide

Published 30 Jun, 2026 11:21am

Markets

South Korean shares erase early gains as chip volatility, AI concerns weigh

The benchmark KOSPI was down 35.40 points, or 0.38%, at 8,362.96

Published 30 Jun, 2026 11:14am

Markets

India bond bulls eye breach of key level on US-Iran hopes, index inclusion bets

The benchmark 6.94% 2036 bond yield is expected to trade between 6.72% and 6.78%

Published 30 Jun, 2026 11:11am

Sports

German coach decries VAR call but says round of 32 exit 'not enough'

At the same time, he added it was unacceptable for a four-time World Cup champion to let the contest reach that point

Published 30 Jun, 2026 11:07am

Markets

China yuan firms as exporter dollar sales lend support

The spot yuan opened at 6.7957 per dollar and was last trading at 6.7935

Published 30 Jun, 2026 10:59am

Markets

Australian dollar slips to three-month low, RBA no help

The Aussie slipped 0.3% to $0.6867, and was getting dangerously close to its March trough of $0.6834

Published 30 Jun, 2026 10:56am

Sports

Ecuador coach brushes off travel delays, underdog tag ahead of Mexico clash

They face a Mexico side who won all three group games, scoring six goals without conceding

Published 30 Jun, 2026 10:53am

Markets

Thai May factory output falls 0.8% y/y, weaker than forecast

The May reading compared with a year-on-year decrease of 0.34% forecast in a Reuters poll

Published 30 Jun, 2026 10:48am

Markets

China stocks rise on upbeat factory data, AI-related export demand

Hong Kong benchmark Hang Seng was down 1.2%

Published 30 Jun, 2026 10:40am

Markets

IMF concludes visit to Sri Lanka

IMF staff have concluded their visit to Sri Lanka

Published 30 Jun, 2026 10:36am

Markets

OGDCL announces successful completion of Chak well

New well delivers 600 BPD condensate and 10.5 MMSCFD gas

Published 30 Jun, 2026 10:33am

World

Two revolutionary guards killed in attack by unknown gunmen in western Iran

The attackers opened fire outside the Guards members’ home and authorities were investigating to identify those responsible

Published 30 Jun, 2026 10:33am

Markets

Palm slips on weaker soyoil, rising output fears, but heads for monthly gain

palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange slid 47 ringgit, or 1.02%, to 4,541 ringgit ($1,116.55) a metric ton

Published 30 Jun, 2026 10:30am

Sports

Morocco advance after penalty shootout win over Netherlands in Monterrey thriller

Ismael Saibari converted the winning spot kick after Yassine Bounou saved Crysencio Summerville’s penalty

Published 30 Jun, 2026 10:28am

Markets

Pakistan auto industry experts raise concerns over budget measures

Govt must maintain optimum cascading tariffs on imported units and parts to make localisation financially viable, an expert says

Updated 30 Jun, 2026 06:38pm

Markets

Positive sentiments drive PSX, KSE-100 settles with over 1% gain

Benchmark index settles at 180,301.70

Updated 30 Jun, 2026 06:14pm

Markets

Indian rupee may open lower on weakness in Asian peers, tepid flows

The Indian rupee is expected to open ‌in the 94.60–94.62 range, per traders, after declining 0.2% to 94.54 on Monday

Published 30 Jun, 2026 08:18am

World

Several injured in fire near unauthorised theft point near Haldia refinery, company says

Earlier, local media had reported a massive fire in the refinery, located in India's eastern state of West Bengal in the early hours of Tuesday

Updated 30 Jun, 2026 10:45am

Sports

Brazil survive like Real Madrid in Ancelotti thriller

Ancelotti knows plenty about long, complicated tournaments from his years at Real Madrid

Updated 30 Jun, 2026 10:06am

Sports

Paraguay stun Germany on penalties to reach World Cup last 16

'If you are eliminated by Paraguay you are just not a first-class football team. I am very disappointed'

Published 30 Jun, 2026 08:07am

World

Six killed in shooting at mother-and-child shelter in northern Germany

All ⁠the victims - four women and two men - were employees of the facility. The man's three-month-old daughter and the mother are safe

Published 30 Jun, 2026 08:01am

World

Thai Airways employee arrested in Australia after heroin found in bags

*The heroin, found hidden in the lining of the bags, had an estimated street value of A$500,000 ($343,300)

Published 30 Jun, 2026 07:57am

Markets

Adani Ports to sell 49% stake in Indian port to MSC for $1.4 billion

The deal marks Adani Ports' third partnership with MSC after joint ventures at its Mundra and Ennore ports

Updated 30 Jun, 2026 11:01am

World

Warren Buffett skips donation to Gates Foundation amid Epstein review, WSJ reports

Gates Foundation CEO Mark Suzman commissioned an external review  to assess past foundation engagement with Epstein

Published 30 Jun, 2026 07:52am

Markets

Asian stocks set for record-breaking quarter; dollar sinks gold and yen

Japan's Nikkei, which was steady ‌in early trade, is set for a record rise of more than 36% for the quarter

Published 30 Jun, 2026 07:46am

Markets

China central bank injects 600 billion yuan through overnight reverse repos

The People's Bank of China (PBOC) also said it injected 69.5 billion yuan through seven-day ‌reverse ⁠repos, with the rate unchanged at 1.4%

Published 30 Jun, 2026 07:42am

Markets

China's June factory activity rises to 50.3

The official purchasing managers' index (PMI) rose to 50.3 in June versus ⁠50.0 in May

Published 30 Jun, 2026 07:40am

Markets

Indian shares likely to open higher; HDFC Bank in focus after management rejig

GIFT Nifty futures were ‌at 23,994

Published 30 Jun, 2026 07:36am

Markets

Yen hits 40-year low as clock ticks on intervention

The yen weakened to 162.27 per dollar in early trading, a 40-year low, with focus turning to Tokyo's next steps

Updated 30 Jun, 2026 11:52am

Markets

Gold set for fourth monthly fall on bets of Fed rate hikes

Spot gold declined 1.5% to $3,957.74 per ounce

Updated 30 Jun, 2026 11:50am

Markets

Oil set for steepest quarterly loss since 2020 as traders focus on US-Iran talks

Brent August crude futures, which expire on Tuesday, were up 0.22%, or 16 cents, at $73.31 a barrel

Updated 30 Jun, 2026 06:22pm

World

China accelerates plans for sulphur futures as Iran war amplifies price swings

BEIJING: China is planning to launch its first sulphur futures contracts this year, sources said, in a push to help...