Latest - Business Recorder

Sports

Sabalenka's slump continues with Wuhan Open exit to Li

Top seed Aryna Sabalenka suffers a surprising upset loss to Ann Li at the Wuhan Open, extending her challenging run of form

Published 14 Oct, 2026 08:20pm

Sports

Six Kings Slam tournament in Saudi Arabia postponed to December

-Security concerns have pushed the 'Six Kings Slam' tennis tournament from October to December 27-30, organizers announced

Published 14 Oct, 2026 08:10pm

Sports

Mahrez joins Qatar's Al Shamal as a free agent

Premier League and Champions League winner Riyad Mahrez joins Al Shamal, starting a fresh chapter in his illustrious career

Published 14 Oct, 2026 08:04pm

Sports

Infantino faces FIFA rebels in Zurich after failed World Cup stake sale

Infantino faces a leadership challenge at FIFA's council meeting, as opponents seek to limit his power or force him out before the 2027 election

Published 14 Oct, 2026 08:00pm

Business & Finance

Mukesh Ambani's Jio to launch record India IPO on October 21

Jio Platforms, India's digital powerhouse, is launching its massive $3.2 billion IPO on October 21, a landmark event for the market

Published 14 Oct, 2026 07:56pm

Perspectives

Gold, oil and the Pakistani saver

Gold is about 25% below its January record and has more than doubled over the last three years. Both are true at...

Published 14 Oct, 2026 07:40pm

Markets

Gulf markets mixed; Saudi stocks hardest hit on Aramco attack

Saudi Arabia’s benchmark index fell 1.7%

Published 14 Oct, 2026 06:45pm

Business & Finance

Netflix cuts about 6% of jobs in biggest layoff since 2022, reports

Netflix is cutting 1,000 jobs, its biggest layoff round since 2022, as the streaming giant navigates a fiercely competitive landscape

Published 14 Oct, 2026 06:40pm

World

Netanyahu says he is not seeking to attack Iran again before Israel election

Israeli PM no pre-election strike on Iran, but warns Tehran and its proxies against attacks, promising a forceful response if Israel is targeted

Published 14 Oct, 2026 06:18pm

World

Container ship sinks near Hormuz after being hit by projectile, sources say

Projectile attacks have led to two ships sinking near the Strait of Hormuz, signaling heightened risks for global shipping

Published 14 Oct, 2026 06:06pm

Business & Finance

Hyundai Motor India to invest $1.16 billion to expand capacity at Pune city plant

Hyundai plans to nearly double its Pune plant's production capacity by 2030, responding to India's surging consumer demand for vehicles

Published 14 Oct, 2026 05:48pm

Markets

Copper edges to 3-week high as supply concerns mount

Benchmark three-month copper on the London Metal Exchange rose 0.4% to $14,630 a metric ton

Published 14 Oct, 2026 05:45pm

World

Yemen's Houthis vow more attacks on Saudi airports, oil facilities after Aramco HQ hit

A strike causes extensive damage to headquarters of oil giant Saudi Aramco, sources claim

Updated 14 Oct, 2026 08:42pm

World

Diesel deal opens way for more Russia-US cooperation, Kremlin envoy says

Russia and the US agreed on a diesel supply deal, sparking controversy and raising questions about future economic cooperation amid sanctions

Published 14 Oct, 2026 05:23pm

Pakistan

Senate, NA ratify KP emergency amid PTI protest, walkout

Joint sitting on governor's rule to take place tomorrow

Updated 14 Oct, 2026 07:34pm

Markets

India bonds sink deeper on RBI commentary, inflation concerns

Benchmark 6.94% 2036 bond surged 3.5 basis points to 7.3999%

Published 14 Oct, 2026 05:18pm

World

Italy's ITA Airways cancels Saudi flights until November 18

Several airlines have cancelled connections to Saudi Arabia

Published 14 Oct, 2026 05:14pm

Markets

Communications, consumer discretionary stocks drag Sri Lankan shares lower

CSE All-Share index settled 1.4% lower at 19,796.06 points

Published 14 Oct, 2026 05:11pm

Technology

Tata Technologies posts slightly higher second-quarter profit; expects double-digit FY growth

Tata Technologies' Q2 profit climbed 3.6% on strong revenue, projecting robust double-digit growth for the full year

Published 14 Oct, 2026 04:46pm

Business & Finance

The year-end P&L trap: why discipline often slips in the final quarter

How October can turn into a trading instruction, and why small exceptions often matter more than the dramatic final...

Published 14 Oct, 2026 04:43pm

World

World prays for Pope Leo after lung cancer diagnosis

Pope Leo is recovering peacefully after lung cancer surgery, prompting global prayers and well wishes for the 71-year-old pontiff

Published 14 Oct, 2026 04:17pm

Markets

Rupee registers gain against US dollar

Settles at 276.95 against the greenback

Published 14 Oct, 2026 04:16pm

Markets

Palm oil gains for third session, tracking crude and Dalian

Dalian’s most-active soyoil contract rose 0.71%

Published 14 Oct, 2026 04:12pm

Sports

ITIA notified of former world number six Monfils retirement

Gael Monfils, the charismatic French tennis star, has officially retired from professional tennis at the age of 40

Published 14 Oct, 2026 04:08pm

World

Colombia opens embassy in Jerusalem, restores free trade deal with Israel

President de la Espriella reopened Colombia's Jerusalem embassy, reversing a diplomatic break and restoring a free trade agreement with Israel

Updated 14 Oct, 2026 04:28pm

Markets

Indian rupee extends rise but falters past 95/USD on importer hedging, outflows

India's rupee gained for a third day, hitting a one-month peak as the central bank signaled a tough stance against weakness

Published 14 Oct, 2026 03:41pm

Markets

Indian shares end lower as higher oil prices, foreign outflows dent appetite

Nifty 50 fell 0.44% to 22,622.70, while the BSE Sensex dipped 0.34% to 72,781.89

Published 14 Oct, 2026 03:37pm

World

India's Bank of Baroda says it will defend interests after UAE businessman Shetty files $15bn suit

Bank of Baroda faces a $15 billion lawsuit from NMC Health's founder over alleged fraud, promising a strong defense

Published 14 Oct, 2026 03:32pm

Markets

Pakistan’s regulator establishes CIU to detect illegal schemes early

CIU to be headed by a director or an additional director and supported by a team of two officers

Published 14 Oct, 2026 01:57pm

Markets

Gold price per tola drops by Rs3,000 in Pakistan

International rate of gold declines by $30 to reach $4,153 per ounce

Updated 14 Oct, 2026 05:44pm

Markets

Euro zone bond yields slightly lower; inflation, rate outlook in focus

Germany’s 10-year bond yield, the benchmark for the euro zone, was down by less than a basis point at 3.4589%

Published 14 Oct, 2026 01:21pm

Markets

European shares edge higher as ASML's AI demand outlook boosts tech

The pan-European STOXX 600 index was up 0.32% to 636.99 points

Published 14 Oct, 2026 01:19pm

Markets

Nvidia pledges $250 million to UK AI safety research

Nvidia’s founder and CEO Jensen Huang said on Wednesday that the UK would receive accelerated computing resources worth $50 million annually

Published 14 Oct, 2026 01:15pm

World

US-Russia deal on diesel is ‘very risky choice,’ Italy PM Meloni says

'The outcome of this decision is uncertain, while the risks are clear,' Meloni told parliament ahead of an EU summit this week

Published 14 Oct, 2026 01:14pm

Markets

Jordan issues tender to buy up to 120,000 metric tons wheat, traders say

The deadline for submission of price offers in the tender is October 20

Published 14 Oct, 2026 01:11pm

Markets

Saudi stocks slip after attack on Aramco building; Gulf markets mixed

Saudi Arabia's benchmark index fell 0.7%, dragged down by a 1.3% drop in Saudi National Bank

Published 14 Oct, 2026 01:10pm

Business & Finance

Pakistan’s Quantum Data plans local assembly of lithium batteries under China deal

Great Power is a leading Chinese energy technology company specialising in advanced lithium batteries and energy storage solutions

Published 14 Oct, 2026 01:02pm

Business & Finance

From pilot to policy: how “Digital Eye” helped shape FBR’s production-monitoring framework

The Federal Board of Revenue (FBR) is expanding production monitoring across Pakistan’s manufacturing sector,...

Published 14 Oct, 2026 12:39pm

Markets

PD says no fresh CCI approval needed for DISCO privatisation

Response comes amid scrutiny of the federal government’s authority to privatise power utilities

Published 14 Oct, 2026 12:38pm

World

Trump says 'massive' oil, gas and mineral exploration to begin in Greenland

The deal signed between the US, Denmark and Greenland expands the US military’s role in Greenland

Published 14 Oct, 2026 12:35pm

World

UK finance minister Healey set to pay for budget giveaways without more borrowing, FT reports

The October 28 fiscal package would be 'scorecard positive' in 2029-30, the final year of the parliament

Published 14 Oct, 2026 12:33pm

Markets

IMF dials up calls for urgent fiscal consolidation

The IMF said interest rates on debt also now exceeded expected nominal growth rates in a number of countries

Published 14 Oct, 2026 12:31pm

World

India's 'cockroach' movement leaders detained in jail for five days, party says

CJP leader Ajinkya Shinde, who was released on a personal bond, said the party would not be 'frightened' by its leaders’ imprisonment

Published 14 Oct, 2026 12:28pm

Markets

Turkish central bank to maintain tight monetary policy stance until price stability is achieved, governor says

Turkiye monetary policy and macroeconomic outlook during a visit to Bangkok for a meeting of the World Bank

Published 14 Oct, 2026 12:15pm

Markets

Copper firms with focus on supply developments in Chile

Benchmark three-month copper on the London Metal Exchange gained 0.7% at $14,673.50 a metric ton

Published 14 Oct, 2026 12:12pm

Markets

IMF's Georgieva says US growth will not be enough to shrink debt

'The authorities very much rely on strong growth in the United States' to help reduce debt, Georgieva said

Published 14 Oct, 2026 12:10pm

Markets

ECB's Lagarde says solution to French debt woes is at home

Asked whether the ECB was about to help France, Lagarde said it was up to Paris to soothe investors' nerves

Published 14 Oct, 2026 12:08pm

World

Kamala Harris warns window closing for AI safeguards, urges US-China cooperation

The former vice president has been campaigning for Democratic candidates ahead of the 2026 US midterm elections

Published 14 Oct, 2026 12:04pm

Sports

Matt Renshaw's heroics do little to solve Australia's opening puzzle

With Renshaw producing a majestic 190 and second-innings 82 batting at number five in the commanding 214-run victory in Durban

Published 14 Oct, 2026 12:01pm

Markets

Palm oil rises for third day, tracking crude oil and Dalian

Palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange gained 51 ringgit, or 1.09%, to 4,733 ringgit ($1,160.05) a metric ton

Published 14 Oct, 2026 11:59am

Markets

China's crude stocks slump despite slight rise in September import rate

China's September seaborne crude oil imports stood at 7.6 million bpd

Published 14 Oct, 2026 11:56am

Markets

China's soybean imports fall 7.7% in September from a year earlier

From January to September, soybean arrivals in the world's biggest buyer totalled 86.08 million tons

Published 14 Oct, 2026 11:52am

Markets

China stocks edge towards one-year low, dragged down by AI hardware share

Hong Kong's benchmark Hang Seng edged up 0.2%

Published 14 Oct, 2026 11:50am

Markets

Japan's Nikkei rebounds from sharp loss as chip-related shares rise

The Nikkei rose 0.61% to 68,193.13 by the midday break, after ending 1.8% lower on Tuesday

Published 14 Oct, 2026 11:48am

Markets

China approves Geely acquisition of 34% of Ford España

The JV is to be 66% owned by Ford and 34% owned by Geely, the companies added

Published 14 Oct, 2026 11:47am

Markets

Pakistan eyes US energy imports, Boeing aircraft financing

Aurangzeb reviewed progress towards a trade framework agreement and energy diversification

Published 14 Oct, 2026 11:47am

Markets

Japan's 5-year bond yield steadies after firm auction outcome

The five-year JGB yield turned flat at 2.34%, after rising to 2.35% earlier in the session

Published 14 Oct, 2026 11:40am

Markets

Australian shares slip on RBA inflation warnings; banks and miners drag

The S&P/ASX 200 index fell 0.6% to 8,731.50

Published 14 Oct, 2026 11:37am

Markets

Yuan gains as markets weigh China inflation, await US CPI

The spot yuan opened at 6.6935 per dollar and was last trading at 6.6919

Published 14 Oct, 2026 11:35am

Markets

Australian dollar steadies, markets await jobs data for steer on rates

The Aussie was a fraction firmer at $0.6987, having bounced almost 0.4% overnight

Published 14 Oct, 2026 11:13am

Markets

Thai baht/US dollar steady on Wednesday

The baht was 0.03% lower at 33.55 versus the dollar, after trading in a range of 33.550 to 33.610

Published 14 Oct, 2026 11:11am

Sports

Liverpool boss Iraola has 100% trust in Wirtz and Barcola

Liverpool spent over £200 million ($265 million) to acquire the pair but both have come in for criticism

Published 14 Oct, 2026 10:58am

Sports

PSG boss Luis Enrique hopes Man City are not stripped of titles

Asked about the verdict before PSG’s Champions League match against City, Luis Enrique told a press conference on Tuesday

Published 14 Oct, 2026 10:52am

World

Russian strikes kill one, hit energy facilities in Kyiv, mayor says

In the Volga River town of Balakovo in Russia, which invaded Ukraine in 2022

Published 14 Oct, 2026 10:50am

Markets

Indian bonds slip on higher oil, hawkish RBI governor comments

The benchmark 6.94% 2036 bond yield was at 7.3886%

Published 14 Oct, 2026 10:47am

Markets

PSX: bulls dominate, KSE-100 ends with over 600 points gain

Benchmark index settles at 165,417.51

Updated 14 Oct, 2026 05:34pm

Markets

Pakistan expects over 4% growth, diversify financing with Panda bonds, Sukuk: Aurangzeb

Finance minister outlined measures to maintain energy supplies and provide targeted relief to vulnerable groups

Published 14 Oct, 2026 10:07am

Markets

Indian rupee to build on rally after RBI chief reinforces currency support

The ‌Indian rupee is expected to open in the 95.04-95.12 range, traders said, after settling at 95.28 to the dollar on Tuesday

Published 14 Oct, 2026 08:22am

World

China-North Korea bridge to open on October 15

China's ⁠exports to North Korea rose to a six-year high of $2.3 billion last year, a 25% increase ⁠over the previous year

Published 14 Oct, 2026 08:20am

Markets

Gold prices hold firm ahead of US inflation data

Spot gold held steady at $4,159.45 per ounce

Published 14 Oct, 2026 08:17am

World

US top diplomat Marco Rubio to visit India and Uzbekistan

Rubio ⁠will travel to Samarkand in Uzbekistan and to Mumbai and Jamnagar in India, the State Department said in a statement on Tuesday

Published 14 Oct, 2026 08:13am

World

India boat capsizes, drowning 13, mostly children

The boat overturned on Tuesday in the state's central district of Vaishali, while carrying passengers to a feast ‌in ⁠a neighbouring village

Published 14 Oct, 2026 08:09am

Markets

China's exports surge 36.3% y/y in September, imports up 31%

China's exports in September soared 36.3% ‌from a year earlier in US dollar terms, far outpacing forecasts, ⁠while imports grew 31%

Published 14 Oct, 2026 08:07am

Markets

IMF says higher bond yields underscore urgency of fiscal consolidation

The fiscal results this year are worse than expected six months ago, and worse than they were one year ago

Published 14 Oct, 2026 08:05am

World

Iran shifting tactics to step up attacks on shipping before US vote, officials say

Tehran has tried to exert control over the Strait of Hormuz since the US ‌and Israel launched strikes against Iran on February 28

Published 14 Oct, 2026 08:00am

Markets

SK Group Chairman Chey sells stake to Dell family office fund for $406 million

The deal is part of Chey’s plan to raise 944 billion won through share sales to pay a divorce settlement to his former wife

Published 14 Oct, 2026 07:48am

Markets

Indian shares on track for muted open as oil prices, foreign outflows weigh

GIFT Nifty futures were at 22,764

Published 14 Oct, 2026 07:45am

Markets

Dollar languishes as focus turns to CPI, Fed speakers

The dollar index , which measures the greenback against a basket of currencies, edged 0.02% lower to 102.16, following a 0.35% slide on Tuesday

Published 14 Oct, 2026 07:42am

Markets

Asia shares edge up as chip selloff eases; US CPI awaited

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5% after US stocks ended the previous session with a mild loss

Published 14 Oct, 2026 07:38am

Markets

Oil prices steady after gains on Iran's new tactics to target tankers

Brent crude futures were up 13 cents at $105.56 a barrel

Updated 14 Oct, 2026 07:52pm

Pakistan

German embassy hosts jazz concert

ISLAMABAD: The German Embassy in Islamabad hosted a captivating jazz concert featuring the Jazz Quintet of the...

Published 14 Oct, 2026 07:03am

Pakistan

A bolt from the blue for retailers: CDA bans sale of products packaged in PET bottles

ISLAMABAD: Local retail outlets and Fast-Moving Consumer Goods (FMCG) companies are totally confused over the forced...

Published 14 Oct, 2026 06:59am

Pakistan

Gulshan town: Construction, rehabilitation of streets under way: Monem

KARACHI: Jamaat-e-Islami (JI) Karachi chief Monem Zafar has said that construction and rehabilitation work on more...

Published 14 Oct, 2026 06:48am

Pakistan

Dar meets EU Commissioner Brunner

ISLAMABAD: Deputy Prime Minister/Foreign Minister Senator Mohammad Ishaq Dar met European Commissioner for Internal...

Published 14 Oct, 2026 06:45am

Business & Finance

Export-led growth requires business-friendly environment: LCCI

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has called for a business-friendly environment,...

Published 14 Oct, 2026 06:43am

Pakistan

Findings of addressing GBV financing study unveiled

ISLAMABAD: The Women’s Parliamentary Caucus (WPC) of the National Assembly of Pakistan, in collaboration with the...

Published 14 Oct, 2026 06:42am

Pakistan

Govt, provinces urged to agree on common core curriculum

ISLAMABAD: Former Education minister for Punjab Mian Imran Masood has urged the federal and provincial governments...

Published 14 Oct, 2026 06:32am

Pakistan

Imposition of emergency, governor’s rule challenged in PHC

PESHAWAR: A petition challenging the imposition of emergency and governor’s rule in Khyber Pakhtunkhwa has been...

Published 14 Oct, 2026 06:29am

Pakistan

PITB opens registration for internship programme

LAHORE: The Punjab Information Technology Board (PITB) has opened candidate registration for the Chief Minister IT...

Published 14 Oct, 2026 06:27am

Pakistan

‘PPP chooses to stand with state at cost of its own political interests’

LAHORE: Pakistan Peoples Party (PPP) Secretary General Hamayoun Khan said on Tuesday that protecting the country and...

Published 14 Oct, 2026 06:25am

Business & Finance

Syngenta, Kyoyu Agri Co Ltd announces strategic collaboration

LAHORE: Syngenta, the global leader in agricultural innovation, and Kyoyu Agri Co Ltd, a leading Japanese...

Published 14 Oct, 2026 06:23am

BR Research

The business of staying small

A microfinance institution can double its loan portfolio, expand its borrower base and report another successful...

Updated 14 Oct, 2026 07:22am

BR Research

The Organic Meat Company Limited: performance and outlook

The Organic Meat Company Limited (PSX: TOMCL) was incorporated in Pakistan as a private limited company in 2010. The...

Updated 14 Oct, 2026 07:32am

Business & Finance

Anti-money laundering violations: US fines Bank of America over USD1.2bn

WASHINGTON: The US Treasury Department said Tuesday that it is imposing penalties of more than USD1.2 billion on...