Latest - Business Recorder

World

Erdogan eyes expansion of regional defence pact

'Our vision for it is not limited to the three countries', Says Turkish president on Mecca Joint Defence Agreement between Pakistan, Turkiye and Saudi Arabia

Published 12 Aug, 2026 11:10pm

Markets

Govt increases diesel price by Re0.54, cuts petrol's by Re0.94 per litre

New prices will be effective for Thursday, August 13

Published 12 Aug, 2026 10:55pm

Pakistan

Pakistan, Belarus reaffirm commitment to deepen bilateral cooperation

PM expresses satisfaction over productive deliberations held during joint ministerial meeting

Published 12 Aug, 2026 10:12pm

Pakistan

PM launches youth employment, skills and power-sector innovation programmes

Says youth are nation’s hope and Pakistan cannot progress without ensuring equal opportunities for all

Published 12 Aug, 2026 09:34pm

World

Colombia woman's earthquake survival story gives son a birthday to remember

At least 250 people have been killed, with many more injured or still missing

Published 12 Aug, 2026 09:21pm

Markets

India's Tata shares fall as Chandrasekaran decides to step down

India’s top IT services exporter, Tata Consultancy Services, slumped 3.9%

Published 12 Aug, 2026 08:16pm

Markets

India says retail option trader losses fell 18% after regulatory curbs

The government said the number of individual investors trading equity derivatives fell by nearly a fifth to 7.86 million

Published 12 Aug, 2026 08:11pm

Markets

Indian central bank likely intervenes to support rupee, traders say

The rupee managed to hold its ground on the back of the intervention

Published 12 Aug, 2026 08:07pm

Markets

India bonds flat, major move likely only after US inflation data

The yield on India’s benchmark 10-year government bond ended at 6.7776%

Published 12 Aug, 2026 07:42pm

World

Saudi Red Sea oil exports go dark as Houthi attack threat grows

The growing use of so-called dark voyages is clouding visibility into Saudi oil exports

Published 12 Aug, 2026 07:40pm

Pakistan

18 terrorists killed in VBIED explosion, security operation in Balochistan

ISPR says three civilians also died following detonation of other explosives stored at the site

Published 12 Aug, 2026 07:17pm

Markets

Wall St gains as AI earnings lift tech, inflation data supports rate-hold bets

Dow Jones Industrial Average rose 110.53 points, or 0.21%, to 53,902.38

Published 12 Aug, 2026 07:15pm

Sports

Aussie heavyweight Teremoana knocks out Savage in two rounds

'I’m really annoyed that these fellas can’t carry on,' Teremoana tells

Published 12 Aug, 2026 07:10pm

Markets

SBI sees strong demand for 5-year dollar bond, tightens pricing

SBI raised $500 million through a five-year dollar bond issued via its London branch

Published 12 Aug, 2026 07:04pm

Sports

England to have no curfew for Pakistan Tests, says captain Root

Root returns to the captaincy following Stokes’ retirement in June, ahead of the Test series

Published 12 Aug, 2026 07:01pm

Markets

Slim gains for Gulf bourses capped by lack of progress to end Iran war

Saudi Arabia’s benchmark index edged 0.1% higher

Published 12 Aug, 2026 06:52pm

Markets

India's markets regulator sees no manipulation in stock closing auction, chief says

'We are considering all inputs to increase participation,' Pandey says

Published 12 Aug, 2026 06:43pm

Markets

Sri Lankan shares rise after gains in IT, real estate

CSE All-Share index settled up 0.07% at 21,418.57

Published 12 Aug, 2026 06:23pm

Sports

FIFA needs an overhaul not a leadership debate, FIFPRO Europe chief says

Infantino is facing an open revolt after three confederations – UEFA, AFC and CONCACAF – attack his conduct and call for him to quit

Published 12 Aug, 2026 06:17pm

World

India says border peace critical to ties with China amid reports of military tensions

'We have always emphasised in discussions with the Chinese side that we consider these issues as most serious,' Jaiswal says

Published 12 Aug, 2026 06:09pm

World

Iran, US not discussing ceasefire extension, senior Iranian official says

Development comes after Turkey’s Anadolu news agency reported that Tehran and Washington had agreed to extend 60-day ceasefire under interim deal signed ⁠in June

Updated 12 Aug, 2026 08:42pm

Pakistan

Norwegian foreign minister to visit Pakistan on Aug 13-14

FO says this will be the first visit to Pakistan by a Norwegian foreign minister in a decade

Published 12 Aug, 2026 05:30pm

Markets

Gold climbs 1%, near 2-month peak in run-up to US CPI report

Spot gold rose 1.1% to $4,413.69 per ounce

Published 12 Aug, 2026 04:48pm

World

India plans insurance reforms to rein in healthcare costs, sources say

'The idea is to benchmark treatment rates, agreed between insurers and hospitals, to reduce disputes and fraudulent claims'

Published 12 Aug, 2026 04:42pm

Markets

Aluminium falls as EGA reaffirms output recovery timeline

Benchmark three-month aluminium on the London Metal Exchange was down 1.5% at $3,313 a metric ton

Published 12 Aug, 2026 04:38pm

Markets

Palm oil falls on weaker Dalian oils, profit taking

Dalian's most-active soyoil contract fell 0.21%

Published 12 Aug, 2026 04:36pm

Markets

Rupee records gain against US dollar

Settles at 277.66

Updated 12 Aug, 2026 07:22pm

Markets

Indian rupee nudges up on RBI intervention; investors eye inflation data

Indian rupee ended at 95.33 per U.S. dollar

Published 12 Aug, 2026 04:28pm

Markets

Higher oil, fall in Tata stocks drag Indian shares lower; inflation data in focus

Nifty 50 declined 0.15% to 24,435.95 and Sensex shed 0.24% to 77,966.35

Published 12 Aug, 2026 04:24pm

World

India July inflation accelerates to 4.45%, unlikely to alter RBI rate outlook

India’s food inflation climbed to 5.52% in July from 5.32% in June

Published 12 Aug, 2026 04:21pm

Business & Finance

Pakistan to establish 150-acre auto processing zone at Port Qasim

AIRE Park could generate annual net foreign exchange surplus of around $200mn

Published 12 Aug, 2026 04:08pm

Markets

Gold price per tola gains Rs4,200 in Pakistan

Reaches Rs463,936

Updated 12 Aug, 2026 06:22pm

Markets

Basmati battle: Australian court rejects India’s plea as Pakistan secures major legal win

Outcome protects commercial, intellectual-property interests of Pakistan’s Basmati growers

Updated 12 Aug, 2026 08:46pm

Pakistan

US, Iran agree to extend ceasefire as Pakistan steps up mediation: report

Pakistan has actively engaged in mediation efforts to de-escalate the ongoing US-Iran conflict

Updated 12 Aug, 2026 04:11pm

Business & Finance

Adil Salahuddin to assume Standard Chartered Pakistan CEO charge after SBP clearance

Salahuddin brings more than 30 years of banking experience

Published 12 Aug, 2026 02:32pm

Markets

SECP launches Shariah-compliant brokerage segment for stock market investors

The Securities and Exchange Commission of Pakistan (SECP) has established a Shariah-compliant brokerage segment to...

Published 12 Aug, 2026 02:15pm

Life & Style

KATSEYE seeks to show raw side in new 'Wild Hearts' film

Before Sophia’s departure was announced, Lara described the Filipino American singer as KATSEYE’s official leader

Published 12 Aug, 2026 01:54pm

Markets

European stocks tread water ahead of US inflation data

The pan-European STOXX 600 was little changed at 661.26 points

Published 12 Aug, 2026 01:10pm

Pakistan

Naqvi delivers 'special, important' message from PM Shehbaz to Iran

Interior minister visits Tehran

Published 12 Aug, 2026 12:44pm

Life & Style

Taylor Swift wedding-dress fever puts bridal brands on high alert

For now, brands like Galia Lahav and New York-based Jenny Yoo are in a wait-and-see mode, along ‌with their ⁠customers

Published 12 Aug, 2026 12:39pm

Technology

Google's Gemini AI assistant reaches one billion users

The milestone, which Google calculated based on how many people use the Gemini app across its ecosystem

Published 12 Aug, 2026 12:34pm

Sports

Cristiano Ronaldo marries long-term partner Georgina Rodriguez

Ronaldo, who played for Portugal at the World Cup this summer where they exited in the last 16

Published 12 Aug, 2026 12:31pm

Sports

Rybakina ousts Osaka to book Toronto semi-final against Gauff

Rybakina, the reigning Australian Open champion from Kazakhstan, fired 13 aces in a 4-6, 7-6 (7/5), 6-4 victory

Published 12 Aug, 2026 12:28pm

Sports

Hazlewood gets Australia nod ahead of Boland for Bangladesh Test

Josh Inglis was the other player from the initial squad not to make the XI

Published 12 Aug, 2026 12:20pm

Business & Finance

Trading the August stagflation trap: why EUR/USD needs patience, not prediction

Not every difficult market is highly volatile. Some of the hardest trading environments are those where uncertainty...

Published 12 Aug, 2026 12:17pm

Sports

Afghanistan to host India for T20 cricket in Delhi

The series will be played at New Delhi’s Arun Jaitley Stadium on September 13, 15 and 17

Published 12 Aug, 2026 12:17pm

World

Eclipse craze grips Spain, Iceland as millions get set for 'event of the century'

Historically, the sudden darkening of the sky was often interpreted as an omen, a cosmic struggle or a sign of divine power

Published 12 Aug, 2026 11:58am

Markets

BNP Paribas' Polish unit posts 18% profit drop on higher taxes

Net fee and commission income grew 7.6% to 353 million zlotys, above the market forecast

Published 12 Aug, 2026 11:53am

Markets

Expanding OMC operations: HTL to develop oil storage depot in Sindh

Oil depot to enhance supply chain and market presence in southern Pakistan

Published 12 Aug, 2026 11:51am

Markets

Japan bond yields rise on faster BOJ rate hike bets, inflation concerns

The benchmark 10-year JGB yield rose 4.5 basis points (bps) to 2.850%

Published 12 Aug, 2026 11:50am

Markets

Romanian inflation at 8.16% y/y in July, above expectations

Data showed prices rose 0.58% on the month in July, with food prices down 0.29%

Published 12 Aug, 2026 11:49am

Markets

Taiwan's Foxconn reports 35% rise in Q2 profit, beats forecasts

Net profit for the April to June period for Nvidia’s biggest server maker and Apple’s top iPhone assembler was T$59.97 billion

Published 12 Aug, 2026 11:47am

Sports

Shelton routs Mensik to reach Canadian Open semis

Defending champion Shelton will next face fellow American Learner Tien

Published 12 Aug, 2026 11:31am

World

Typhoon Dolphin's remnants brings torrential rain to Beijing

Rainfall records were shattered in parts of the central provinces of Henan and Hubei on Monday and Tuesday

Published 12 Aug, 2026 11:26am

World

Indonesian ferry from Bali catches fire in waters off Lombok, evacuations underway

Hariyadi said more than 200 personnel have been deployed to evacuate all passengers

Published 12 Aug, 2026 11:24am

Markets

South Korean shares rise as chipmakers jump

The benchmark KOSPI was up 219.73 points, or 3.46%, at 6,565.26

Published 12 Aug, 2026 11:16am

Markets

India bonds set to open little changed ahead of local, US inflation data

The yield on the benchmark 6.94% 2036 bond is expected to trade in the 6.76% to 6.80% range

Published 12 Aug, 2026 11:14am

Markets

Yuan steady near 3-1/2-year high as markets watch for US inflation data

The offshore yuan traded at 6.7479 yuan per dollar, down about 0.02% in Asian trade

Published 12 Aug, 2026 11:13am

Markets

Chinese shares edge higher as tech leads

The Shanghai Composite index was up 0.3% at 3,946.51 points

Published 12 Aug, 2026 11:12am

Markets

Wheat rises on Black Sea disruptions; market eyes USDA report

The most-active wheat contract on the Chicago Board of Trade rose 0.6% to $6.34 a bushel

Published 12 Aug, 2026 11:09am

Markets

Palm oil tracks Dalian rivals lower

Palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange lost 31 ringgit, or 0.65%, to 4,717 ringgit a metric ton

Published 12 Aug, 2026 11:06am

Markets

Australian, NZ dollars hold steady; hawkish RBA lends support

The kiwi dollar was also steady at $0.5881, after hardly budging overnight

Published 12 Aug, 2026 11:05am

Markets

Japan's Nikkei struggles for direction as investors await US CPI data

The Nikkei was last up 0.06% at 67,011.66

Published 12 Aug, 2026 11:03am

Technology

PTA imposes Rs77.8mn fine on CM Pak for SIM geo-fencing breach

Regulator finds CM Pak responsible for allowing SIM sales beyond the designated geo-location of an authorised sales channel

Updated 12 Aug, 2026 11:35am

Markets

Vietnam raises $291mn in government bond auction

The uptake was also higher, with 58% of the bonds on offer sold, compared with 55% last week

Published 12 Aug, 2026 11:01am

World

Trump says his plane faced 'greater risk' in secret flight change

The White House did not disclose the change and it remained a secret until the Washington Post first reported it on Monday

Published 12 Aug, 2026 10:49am

Business & Finance

Wahdat Poultry acquires land for pasteurization plant

Land funded through the proceeds of the company’s IPO

Published 12 Aug, 2026 10:32am

Markets

Gold rebounds towards 10-week high as markets brace for US CPI data

Spot gold gained 0.9% to $4,406.34 per ounce

Published 12 Aug, 2026 10:23am

Markets

PSX: Buying returns as KSE-100 gains over 400 points

Benchmark index settles at 180,311.21

Updated 12 Aug, 2026 07:09pm

World

Drones hit residential buildings in Russia's Black Sea port of Novorossiysk, mayor says

Mayor Andrei Kravchenko said on Telegram that those injured were receiving medical assistance and a commercial building was also hit

Published 12 Aug, 2026 08:24am

Markets

Oil-driven dollar demand to pressure Indian rupee; RBI blunts losses

The Indian rupee is expected to open in the 95.46-95.48 range, traders said, after settling at 95.4350 per dollar on Tuesday

Published 12 Aug, 2026 08:10am

Markets

Chair of India's Tata to step down after tension with controlling charity

Disagreements have simmered over recent months between Chandrasekaran, 63, and Tata Trusts

Updated 12 Aug, 2026 04:57pm

Markets

Oil, gold prices rise as geopolitical tensions mount before CPI

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5%

Published 12 Aug, 2026 08:01am

Markets

Indian shares may open higher, elevated crude prices to weigh

GIFT Nifty futures ‌were at 24,553 points

Published 12 Aug, 2026 07:54am

Markets

Dollar drifts as markets await US inflation data for Fed clues

The yen was flat against the dollar at 159.335 ye

Published 12 Aug, 2026 07:52am

Markets

Oil prices little changed as investors weigh lower demand against US-Iran talks deadlock

Brent futures were down 3 cents at $88.88 a barrel

Updated 12 Aug, 2026 09:52pm

Pakistan

Energy Dept Sindh celebrates Makkah agreement

KARACHI: The Energy Department, Government of Sindh, celebrated the Saudi Arabia–Pakistan–Türkiy/Makkah Joint...