Latest - Business Recorder

Sports

Paolini ends Eala's dream run with fourth-round victory

The 21-year-old left-hander Eala is the first player from the Philippines to go so far in a Grand Slam

Published 06 Jul, 2026 09:02pm

Pakistan

Military's top brass vows to sustain anti-terror operations, warns against hybrid threats

Maintains that lasting regional peace and stability depended on preventing the use of Afghan territory by militant proxies

Published 06 Jul, 2026 08:40pm

Markets

Indian corporates leap into arbitrage plays, reviving pain point for rupee

The rupee fell to 95.4725 per US dollar on Monday

Published 06 Jul, 2026 08:18pm

Markets

Indian IT firms face muted Q1 as AI shift, weak demand weigh

India’s largest IT services company kicks off earnings on Thursday with peers Infosys, HCLTech and Wipro reporting later this month

Published 06 Jul, 2026 08:11pm

Opinion

Islamic banking is not the destination - it is the journey

The question of whether Islamic banks are truly Islamic rests on a confusion between two things: what they are...

Published 06 Jul, 2026 07:43pm

Sports

Trump says he asked FIFA chief to review red card foul

Trump intervened with FIFA over a 'horrible' red card for USA's Balogun, leading to its suspension and sparking global debate

Published 06 Jul, 2026 07:42pm

Business & Finance

SECP urges businesses to corporatise, promote investment culture

The Securities and Exchange Commission of Pakistan (SECP) has urged the country’s business and industrial community...

Published 06 Jul, 2026 07:37pm

Markets

US stocks rise after holiday weekend, boosted by tech

Nasdaq Composite Index climbed 0.8% while S&P 500 added 0.4%

Published 06 Jul, 2026 07:33pm

World

Two soldiers killed in ambush in India's restive northeast

The conflict has killed more than 250 people since it erupted in 2023

Published 06 Jul, 2026 07:30pm

Markets

Microsoft joins AI-driven tech layoff wave with 4,800 job cuts

The software giant earlier this year offered voluntary buyouts to about 7% of its US workforce

Published 06 Jul, 2026 07:04pm

World

Trump's Board of Peace says Palestinian technocratic committee must control Gaza arms

The NCAG which Trump established when he brokered the Gaza ceasefire in October 2025

Published 06 Jul, 2026 06:35pm

World

Afghanistan needs 'all hands on deck' including women, UN says

More than six million Afghans have had to return from Pakistan and Iran since September 2023

Published 06 Jul, 2026 06:32pm

Business & Finance

Post Budget 2026-27 seminar at IBA Karachi

IBA hosted a Seminar on the Federal Budget 2026–27, bringing together leading economists, policymakers, and public...

Published 06 Jul, 2026 06:31pm

Pakistan

Directorate General IPR Enforcement (customs) achieves strong operational performance in Financial Year 2025-26

Pakistan Customs Intellectual Property Rights Enforcement (IPRE) has recorded another productive year, safeguarding...

Published 06 Jul, 2026 06:28pm

Markets

Chicago corn, soybeans jump 3% on weather risks and China demand hopes

CBOT soybeans also added 3% to $11.82-1/4 a bushel, while CBOT wheat rose 1.8% to $6.10-1/4 a bushel

Published 06 Jul, 2026 06:24pm

Markets

Pakistan rupee registers marginal gain against US dollar

Settles at 278.11 against greenback

Published 06 Jul, 2026 06:24pm

Business & Finance

Senator Muhammad Aurangzeb visits Arif Habib Group's Head Office

Senator Muhammad Aurangzeb, Federal Minister for Finance and Revenue, along with leading entrepreneurs of Pakistan,...

Published 06 Jul, 2026 06:17pm

Markets

UAE crude output nears record following OPEC exit, sources says

June’s output was the highest since April 2020

Published 06 Jul, 2026 05:49pm

Markets

Indian bond yields slide on rain relief, continued foreign demand

The benchmark 6.94% 2036 bond yield settled at 6.6851%

Published 06 Jul, 2026 05:45pm

Pakistan

DPM Dar expresses support for UN's central role in global affairs

Reaffirms Pakistan’s commitment for international law and treaties

Published 06 Jul, 2026 05:04pm

World

Hamas announces dissolution of Gaza governing body

Since a ceasefire took effect in Gaza last October, the group has repeatedly said it is prepared to step aside from day-to-day governance

Published 06 Jul, 2026 05:01pm

Markets

Pakistan purchases more expensive LNG as flows via Strait of Hormuz fail to recover: report

Pakistan pays double for LNG, facing urgent supply gaps due to disruptions in the critical Strait of Hormuz

Published 06 Jul, 2026 04:57pm

World

Lebanon state media says Israeli strike on south kills 4, including 3 women

An agreement signed by US, Iran on ending the regional war last month also established a ceasefire in Lebanon

Published 06 Jul, 2026 04:55pm

Markets

India aims to make it easier to short by nearly doubling stocks eligible for borrowing, sources say

Stock scam scandals led India to develop strict requirements for its cash equities market

Published 06 Jul, 2026 04:49pm

Markets

India's first debt issue with NaBFID's credit enhancement set to launch in July, sources say

The deal will be the first to use NaBFID’s partial credit enhancement facility

Published 06 Jul, 2026 04:46pm

Markets

Indian Oil, HPCL buy 7 million barrels of crude via tenders, trade sources say

The cargoes are scheduled for delivery between late August and early September

Published 06 Jul, 2026 04:41pm

Markets

Indian rupee hits three-week low as firmer dollar, NDF maturities pinch

The rupee closed at 95.3950 per dollar, down 0.2% on the day

Published 06 Jul, 2026 04:31pm

Markets

Indian shares rise to 10-week high; HDFC Bank leads after strong Q1 growth

Nifty 50 rose 0.66% to 24,430.35, while the BSE Sensex added 0.67% to 78,285.07

Published 06 Jul, 2026 04:12pm

Business & Finance

Chery Master Pakistan expands dealership network with grand opening of Chery South in Karachi

Chery Master Pakistan, introduced by Master Auto Engineering Private Limited, a Master Group company, has further...

Updated 06 Jul, 2026 07:58pm

Pakistan

Rain, windstorms likely in upper, central Pakistan until July 8: PMD

Warns rainfall may cause urban flooding in Islamabad, Lahore, Rawalpindi, Peshawar

Published 06 Jul, 2026 03:17pm

Business & Finance

FPCCI urges handover of Cotton Exchange Building to KCA

Says closure severely impacts Pakistan's cotton economy

Published 06 Jul, 2026 03:09pm

Markets

Gold price per tola drops by Rs2,400 in Pakistan

International rate of gold declines by $24 to reach $4,150 per ounce

Updated 06 Jul, 2026 06:45pm

World

Earthquake of magnitude 5.81 strikes Mindanao, Philippines, GFZ says

The Philippine seismology agency Phivolcs said no damage or aftershocks were expected ‌from ⁠the offshore tremor

Published 06 Jul, 2026 01:51pm

Pakistan

Trade, investment on agenda as President Zardari heads to Kyrgyzstan today

Two leaders to review entire spectrum of Pakistan-Kyrgyzstan relations

Published 06 Jul, 2026 01:10pm

Life & Style

What's in a song? The story behind the music playing at World Cup stadiums

The playlists give an interesting cultural snapshot of the World Cup, in which 48 teams participated for the first time in 2026

Published 06 Jul, 2026 12:44pm

Life & Style

F1 drivers amuse British GP crowd with Lego car chaos

A ⁠team of 20 designers, engineers and Lego builders at a factory in Kladno in the Czech Republic took more than 6,400 hours to create ⁠the cars

Published 06 Jul, 2026 12:37pm

Life & Style

A Minute With: Christopher Nolan on telling the epic 'Odyssey' story on the big screen

Nolan discussed ‌how he approached the sweeping story and discovered a way to adapt it from text to screen

Published 06 Jul, 2026 12:20pm

Pakistan

President, PM express grief over martyrdom of Group Captain Asim Tariq

Police arrest the suspected gunman

Published 06 Jul, 2026 12:19pm

Sports

Tuchel hails England heart as they battle through Mexican storm

The significance of the tie was not lost on the England manager, who said the size of the occasion had the feel of further ⁠on in the tournament

Published 06 Jul, 2026 12:16pm

Sports

Gauff beats Bencic and a curfew to reach first Wimbledon quarters

Bencic, a semi-finalist here last year and Olympic champion in 2021

Published 06 Jul, 2026 12:12pm

Sports

Australia dominate England to win T20 World Cup

Sciver-Brunt and Kemp upped the ante but the modest target was insufficient to ⁠test Australia

Published 06 Jul, 2026 12:09pm

Markets

Australian shares ease as banks, consumer stocks drag; commodity stocks limit losses

The S&P/ASX 200 index fell 0.2% to 8,826

Published 06 Jul, 2026 11:58am

Markets

Japan's Topix rises on lower oil prices, Nikkei weighed down by tech

The benchmark Nikkei 225, which is heavily weighted by tech shares

Published 06 Jul, 2026 11:54am

Markets

Thai baht/US dollar weaker on Monday

the baht was 0.12% lower at 33.19 versus the dollar, after trading in a range of 33.160 to 33.230

Published 06 Jul, 2026 11:46am

Markets

Benchmark JGB yields rise toward 30-year high as fiscal fears cloud auctions

The 10-year JGB yield climbed 2 basis points (bps) to 2.790%

Published 06 Jul, 2026 11:41am

Business & Finance

Pakistan launches InvestPak Portal, eyes to reduce govt reliance on banks

Govt aims to free up banks for private sector lending

Updated 06 Jul, 2026 01:02pm

Markets

India bonds seen little changed with traders eyeing fresh cues

The benchmark 6.94% 2036 bond yield is expected to trade between 6.70% and 6.74%

Published 06 Jul, 2026 11:23am

Markets

Kiwi dollar drifts lower as RBNZ policy decision looms

The kiwi fell 0.4% to $0.5687, after climbing 1.3% last week to as high as $0.5727

Published 06 Jul, 2026 11:20am

Markets

South Korea shares drop on chip stocks valuation uncertainties

The benchmark KOSPI was down 240.93 points, or 2.98%, at 7,847.4

Published 06 Jul, 2026 11:18am

Markets

China's yuan eases against the dollar as traders search for direction

The dollar index was up 0.1% in Asia trade

Published 06 Jul, 2026 11:15am

World

Six killed in India's Mumbai as rains wreak havoc, disrupt travel

Two to three multi-storey houses in a slum collapsed in the Mankhurd area of Mumbai

Published 06 Jul, 2026 11:11am

Business & Finance

Khyber Tobacco inks MoU with Korea's KT&G

Informed stakeholders via a notice to the Pakistan Stock Exchange

Published 06 Jul, 2026 11:04am

Markets

Aluminium rises on dwindling LME stocks

Benchmark three-month aluminium on the London Metal Exchange was up 0.4% at $3,103 a metric ton

Published 06 Jul, 2026 10:53am

Markets

China, HK stocks gain as AI enthusiasm broadens to farming, biotech sectors

The blue-chip CSI300 Index gained 0.3% by the midday break

Published 06 Jul, 2026 10:50am

Markets

Turkiye opens sunflower seed, crude sunflower oil import quota

Turkiye has opened a tariff quota for imports of oilseed sunflower seeds and crude sunflower oil

Published 06 Jul, 2026 10:48am

Markets

Palm rises for first time in three sessions on stronger rival oils

Palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained 51 ringgit, or 1.14%, to 4,531 ringgit ($1,111.36) a metric ton

Published 06 Jul, 2026 10:45am

World

Congo says confirmed Ebola cases rise to 1,561, including 506 deaths

Ebola cases in the country had reached 1,561

Published 06 Jul, 2026 10:42am

World

Chinese city of Nanning on top flooding alert due to Typhoon Maysak

Authorities in Nanning, a city of nearly 9 million people, have raised the flood control emergency response level to I from III

Published 06 Jul, 2026 10:38am

Markets

Positive momentum continues at PSX, KSE-100 gains over 1.1%

Benchmark index settles at 187,454.69

Updated 06 Jul, 2026 06:55pm

Markets

South Korea's SK Hynix to launch $28 billion US listing to ride global AI wave

The company will sell 17.79 million new shares in the depository receipt listing on the Nasdaq

Published 06 Jul, 2026 08:32am

World

Russian attack on Kyiv kills seven, hits apartments, other buildings

Rescue crews were pulling residents from buildings shattered by the overnight barrage, said Kyiv’s Mayor Vitali Klitschko

Published 06 Jul, 2026 08:27am

Sports

Ten-man England survive Mexico comeback to reach quarter-finals

Jude Bellingham put England ahead, striking twice ⁠in the space of a minute

Published 06 Jul, 2026 08:22am

Sports

Neymar signals Brazil farewell after shock World Cup exit to Norway

Speaking briefly after ⁠the match to Bruno Formiga, a pundit for Brazilian channel ge tv, Neymar indicated that his tenure with Brazil had come to an end

Published 06 Jul, 2026 08:19am

World

Trump intervention sparks World Cup storm as FIFA clears Balogun to face Belgium

Balogun scored his third goal of the World Cup in the 2-0 win over Bosnia and Herzegovina but was shown a red card

Updated 06 Jul, 2026 10:50am

Markets

Record wave of IPO lock-up shares to hit Hong Kong market

Hong ⁠Kong's benchmark Hang Seng Index is down 8.9% this year

Published 06 Jul, 2026 08:06am

Markets

Gold trades near two-week high on cooling US rate-hike bets

Spot gold was steady at $4,175.02 per ounce

Published 06 Jul, 2026 08:01am

Markets

ECB's T2 payment system back up after brief incident impacting payments

When central banks and financial institutions in Europe need to send and receive large-value payments, they rely on T2

Published 06 Jul, 2026 07:56am

Markets

Shares edge higher in Asia as oil dips, earnings loom

MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.4%

Published 06 Jul, 2026 07:53am

Markets

Indian shares likely to open higher on strong business updates from lenders

GIFT Nifty futures were at 24,322.5

Published 06 Jul, 2026 07:49am

Markets

Indian rupee to track merchant flows, dollar; bonds await foreign buying cues

The Indian rupee declined nearly 1% last week to close at 95.21 per dollar on ‌Friday

Published 06 Jul, 2026 07:45am

Markets

Dollar near two-week lows as rate-hike bets recede, embattled yen in focus

The dollar index , which measures the US currency against six other units, was at 100.9 in early trading

Published 06 Jul, 2026 07:43am

Markets

Oil prices steady at pre-Iran war levels

Brent crude futures fell 4 cents, or 0.06%, to $72.08 a barrel at 1322 GMT

Updated 06 Jul, 2026 07:45pm

Sports

Haaland knocks Brazil out of World Cup as Norway reach quarters

Haaland scores twice late as Norway stuns Brazil 2-1, reaches first quarter-final

Published 06 Jul, 2026 03:48am

Business & Finance

ABHI Microfinance Bank reports growth in revenues in 1Q 2026

KARACHI: ABHI Microfinance Bank Limited reported revenue of Rs4.874 billion by the end of the first quarter of 2026,...