Latest - Business Recorder

World

US military launches strikes against Iran, Central Command says

Strikes are heavy costs for targeting and attacking commercial shipping, US military says

Published 08 Jul, 2026 02:41am

World

US revoking license that authorized Iranian oil sales, official says

US official said negotiators continued to work in good faith toward a final agreement with Iran

Published 08 Jul, 2026 12:10am

Pakistan

K2 Airways cargo plane goes missing off Karachi coast after reporting navigation issue

Officials say aircraft was carrying 5 crew members

Published 08 Jul, 2026 12:08am

Sports

Argentina stage stunning late comeback to see off Egypt

ATLANTA: Holders Argentina survived a massive scare and staged an amazing comeback with three late goals to earn a...

Published 07 Jul, 2026 11:20pm

Technology

AI adoption drives Pakistan’s call centre exports beyond $300mn

Industry experts attribute much of this growth to technological transformation, particularly integration of artificial intelligence into customer support operations

Published 07 Jul, 2026 10:27pm

Sports

Former Afghanistan pace bowler Shapoor Zadran dies aged 38

Shapoor made his one-day international (ODI) debut in 2009 and represented Afghanistan in 80 internationals across formats

Published 07 Jul, 2026 09:17pm

Business & Finance

Finance Minister says new AI-led tax model to issue notices

Says the government expects overall remittances for this year to close anywhere between $41 and $42 billion

Updated 07 Jul, 2026 11:22pm

Markets

Pakistan initiates issuance of Eurobond, Sukuk, dollar-settled rupee-linked bonds at global capital markets

Finance minister forms task force to ensure SMEs gain access to required bank financing

Updated 07 Jul, 2026 11:22pm

World

Three ships struck in Hormuz flare-up, Qatar slams Iran

All three vessels were struck close to Oman

Published 07 Jul, 2026 08:17pm

Markets

India bonds slip as profit booking, higher U.S. yields weigh

Benchmark 6.94% 2036 bond yield rose 1 basis point to 6.6958%

Published 07 Jul, 2026 08:16pm

World

Indonesia, India sign agriculture, critical minerals and missile deals

'We’re two of the largest democracies in the world, Partnerships between us will bring benefits to the region.' Prabowo says

Published 07 Jul, 2026 08:13pm

Sports

Sinner eyes Djokovic showdown after moving into Wimbledon semis

Sinner won 7-5, 7-6 (7/4), 6-3 on Court One and will face Djokovic

Published 07 Jul, 2026 08:13pm

Sports

Messi v Salah in World Cup last-16 showdown

Lionel Messi's Argentina faces Mohamed Salah's unbeaten Egypt in a high-stakes World Cup quarter-final, with the Golden Boot race intensifying for Messi and other top scorers

Published 07 Jul, 2026 07:42pm

Markets

US stocks mixed as chip firms face new pressure

Nasdaq Composite Index slipped 0.7 percent to 25,930.59

Published 07 Jul, 2026 07:33pm

World

Trump says Greenland should be controlled by the US, not Denmark

US President says the issue of control over Greenland harms US ties with NATO

Published 07 Jul, 2026 07:31pm

World

Trump says he thinks war in Ukraine will be settled, 'hopefully soon'

'I had a very good talk with President Putin,' US President says

Published 07 Jul, 2026 07:17pm

Sports

Serena wants to play again before US Open, says coach

The 23-time Grand Slam champion then had to withdraw from the doubles with sister Venus due to a knee injury

Published 07 Jul, 2026 06:54pm

World

Trump says he will lift Turkiye sanctions, decide on selling F-35s

'We’re going to be taking the sanctions off,' US president says

Updated 07 Jul, 2026 11:22pm

Pakistan

Cabinet approves four-year Hajj policy for 2027-2030, digital services for pilgrims

Intending pilgrims will be able to register for Hajj up to 2030

Published 07 Jul, 2026 06:32pm

Markets

Most Gulf markets gain as geopolitics keeps investors cautious

Saudi Arabia’s benchmark index rose 0.4%

Published 07 Jul, 2026 06:27pm

Markets

Policy support lifts foreign inflows into Indian banks to 14-month high

-Foreign portfolio investors buy 146.34 billion Indian rupees worth of banking stocks over the period

Published 07 Jul, 2026 06:03pm

Business & Finance

SHC restrains Quice Food from proceeding with merger with Indus Food Products

The Sindh High Court (SHC) has restrained Quice Food Industries from taking any more steps with respect to its...

Published 07 Jul, 2026 05:36pm

Business & Finance

India's largest asset manager draws top sovereign funds in $1.2 billion IPO, sources say

It is valued at around $12.3 billion, with SBI and Amundi selling a collective 10% of their shares in the joint venture

Published 07 Jul, 2026 05:30pm

World

Ukraine would bring 'extraordinary defensive capability' to NATO: Zelensky

Says current production levels of the US-made Patriot missiles are not sufficient

Published 07 Jul, 2026 05:28pm

World

India finds Adani's Mumbai airport shops sold nicotine pouches in breach of law

Adani denies wrongdoing and asks judges to declare that a law covering drugs and cosmetics does not apply to duty-free shops

Published 07 Jul, 2026 04:47pm

World

India's temple trust reshuffles leadership after donation theft scandal

The alleged theft at the temple has provided the opposition with ammunition ahead of an election due early next year in bellwether Uttar Pradesh, India’s most populous state

Published 07 Jul, 2026 04:35pm

Markets

Aluminium rises on Middle East tensions

Benchmark three-month aluminium on the London Metal Exchange gained 0.5% to $3,129 a metric ton

Published 07 Jul, 2026 04:25pm

Markets

Palm flat as strong rival oils, El Nino fears counter firm ringgit

Dalian’s most-active soyoil contract rose 1.31%

Published 07 Jul, 2026 04:22pm

Business & Finance

CCP approves Treet’s increased shareholding in Loads Limited

The competition assessment found that the transaction would not alter the market shares

Published 07 Jul, 2026 04:19pm

Markets

Indian rupee logs best day in three weeks on NDF dollar sales, bailing shorts

Indian rupee ended at 94.9675 per dollar, up 0.4% from its previous close

Published 07 Jul, 2026 04:17pm

Markets

Indian shares snap winning run as investors book profits; earnings in focus

Nifty 50 fell in the 30 minutes before close to end 0.13% lower at 24,398.70

Published 07 Jul, 2026 04:13pm

World

Indian court orders government to unblock Cockroach party's X account

Indian court orders unblocking of Cockroach Janta Party's X account, a victory for digital rights after a month-long block

Published 07 Jul, 2026 04:09pm

Markets

Pakistan rupee registers marginal gain against US dollar

Settles at 278.10 against greenback

Updated 07 Jul, 2026 06:46pm

Business & Finance

Pakistan eyes US expertise in robotic surgery

Pakistan aims to boost its medical capabilities, including robotic surgery, by collaborating with the University of Illinois Chicago

Published 07 Jul, 2026 02:09pm

Sports

Pochettino says US 'not good enough' in World Cup exit

Roared on by a fervent home crowd in Seattle and buoyed by impressive wins in the group stage and round of 32

Published 07 Jul, 2026 01:57pm

Sports

No clear favourites for World Cup, says Argentina's Scaloni ahead of Egypt clash

Defending champions Argentina go into their World ‌Cup last-16 tie with Egypt on Tuesday on the back of a major scare against Cape Verde

Published 07 Jul, 2026 01:53pm

Markets

Gold price per tola drops Rs2,500 in Pakistan

International rate of gold declines by $25 to reach $4,125 per ounce

Updated 07 Jul, 2026 06:36pm

Markets

Thai baht/US dollar weaker on Tuesday

The baht was 0.24% lower at 33.31 versus the dollar, after trading in a range of 33.260 to 33.365

Published 07 Jul, 2026 01:41pm

World

NATO allies to cooperate on critical defence materials, Rutte says

NATO allies are committed to work together to acquire, store, transport and manage stockpiles of critical defence materials

Published 07 Jul, 2026 01:37pm

World

Blasts rock Damascus during Macron visit

State television later reported that Macron and Sharaa had met at the Syrian Presidential Palace

Published 07 Jul, 2026 01:26pm

Business & Finance

21 listed companies secure over Rs20bn in capital in FY26: SECP

Says rights issues enabled existing shareholders to participate further in the company’s growth by investing additional capital

Published 07 Jul, 2026 01:06pm

Pakistan

Nine policemen martyred, 15 terrorists killed in Ziarat clearance operation

Missing policemen reach police station after navigating difficult mountainous terrain

Published 07 Jul, 2026 12:53pm

Markets

European shares flat as AI caution prevails; focus on defence stocks

The pan-European STOXX 600 index was flat at 650.84 points

Published 07 Jul, 2026 12:41pm

Business & Finance

PM Shehbaz directs plan to expand SME access to bank loans

SMEDA facilitated 700 SMEs in 16 global events and provided training in 35 cities, PM informed

Published 07 Jul, 2026 12:16pm

World

Indonesia to buy BrahMos missiles, Indian govt official says

Indian sources earlier told Reuters that the deal, worth around $630 million, would likely be signed during Modi’s visit

Published 07 Jul, 2026 12:06pm

Sports

Mbappe fires back at Paraguayan senator's racist attack after France victory

Mbappe's penalty proved the difference in a bruising and ill-tempered match as France won 1-0 in Philadelphia on Saturday to advance to the quarter-finals

Published 07 Jul, 2026 11:59am

Markets

Aluminium wavers as market weighs supply, macros

The most-traded aluminium contract on the Shanghai Futures Exchange added 0.33% at 22,910 yuan ($3,373.53) a ton

Published 07 Jul, 2026 11:40am

Markets

Yuan holds steady as investors await Fed minutes, China economic data

The yuan’s midpoint rate at 6.8054 per dollar

Published 07 Jul, 2026 11:37am

Markets

JGB yields fall from multi-decade highs after strong 30-year auction

The benchmark 10-year JGB yield eased 2.5 basis points to 2.805%

Published 07 Jul, 2026 11:35am

Markets

Mainland China, Hong Kong stocks slip as property shares drag

The benchmark Shanghai Composite index fell 1%, while the blue-chip CSI300 index eased 0.8%

Published 07 Jul, 2026 11:33am

Markets

Engro Vopak explores Pakistan's first refrigerated LPG import facility

Pakistan's growing reliance on LPG is increasing the need for enhanced import and storage infrastructure

Published 07 Jul, 2026 11:23am

Markets

Australia, NZ dollars position for uncertain RBNZ outcome

The Aussie held at $0.6953, having edged up 0.2% overnight in its third straight session of modest gains

Published 07 Jul, 2026 10:57am

Markets

Japan's Nikkei falls as Samsung-led chip selloff weighs on regional tech stocks

The Nikkei was down 1.35% at 68,798.93

Published 07 Jul, 2026 10:54am

Markets

CBOT soybeans rise on China demand optimism

Corn rose on weather worries, while wheat declined on ongoing harvest and ample global stocks

Published 07 Jul, 2026 10:52am

Markets

Palm rises for second session on strong rival oils, crude prices

palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained 26 ringgit, or 0.57%, to 4,576 ringgit ($1,122.39) a metric ton

Published 07 Jul, 2026 10:49am

World

Iran foreign minister says US threats are an impediment to deal-making

Talks to reach a final deal between Tehran and Washington won't start if US threats continue

Published 07 Jul, 2026 10:41am

Markets

Philippines awards $489 million worth of 2031 T-bond at auction

Tenders total 72.84 billion pesos

Published 07 Jul, 2026 10:38am

World

Ukrainian drone attack sparks fire at industrial facility in Russia's Kaluga region, governor says

There were no casualties, the governor, Vladislav Shapsha, wrote on Telegram

Published 07 Jul, 2026 10:36am

Markets

India bond rally pauses ahead of state debt sale

The 10-year yield fell 7 basis points in the last three sessions

Published 07 Jul, 2026 10:34am

Markets

Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall

Revenue would likely rise 129% to 171 trillion won from a year earlier, it said

Published 07 Jul, 2026 10:32am

Markets

Selling at PSX, KSE-100 down nearly 1,200 points

Benchmark index settles at 186,255.55

Updated 07 Jul, 2026 06:25pm

Life & Style

Taylor Swift defeats Florida poet's plagiarism lawsuit

Monday's dismissal was with prejudice, meaning Marasco cannot amend her complaint. Cannon's chambers are in Fort Pierce, Florida

Published 07 Jul, 2026 08:31am

Life & Style

Netflix nods to nostalgia with new 'Little House on the Prairie' TV series

The story has also been adapted before, most notably in a 1970s television series that ran on NBC until 1983

Published 07 Jul, 2026 08:28am

World

Storms kill at least eight in central China as Typhoon Bavi looms offshore

China is also on alert for Super Typhoon Bavi, ⁠which is making its way across the Pacific Ocean towards Taiwan

Published 07 Jul, 2026 08:22am

World

Mexico navy says 10 assailants killed after attack on flood-monitoring patrol

Three sailors were wounded in the initial attack; one died and two are out of danger, ‌authorities ⁠said

Published 07 Jul, 2026 08:18am

Sports

Belgium end US World Cup dreams with 4-1 rout amid Balogun row

The US defeat means all three co-hosts are out of the tournament, after Canada and Mexico lost their last-16 games

Updated 07 Jul, 2026 10:25am

Markets

SK Hynix to bring ADR funds to South Korea by around July 15, source says

The South Korean chipmaker launched a US share ⁠sale on Monday to raise 43 trillion won ($28.07 billion), one of the world's largest new share offerings ever, as it capitalises on the global AI boom

Published 07 Jul, 2026 08:10am

Markets

Gold eases as markets await Fed minutes for direction

Spot gold fell 0.6% to $4,138.32 per ounce

Published 07 Jul, 2026 08:06am

Markets

Supportive Asia cues may offer respite for under-pressure Indian rupee; RBI in focus

The Indian rupee is expected to open in the 95.34-95.38 range, according to traders, having settled at 95.3950 in the previous session

Published 07 Jul, 2026 08:01am

Markets

Indian shares set to extend gains on pre-earnings updates, foreign buying

GIFT ‌Nifty futures were at 24,546

Published 07 Jul, 2026 07:56am

Markets

Stocks ease despite upbeat Samsung forecast, yen languishes

South Korean shares slumped 4.1%, while MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.73%. Japan’s Nikkei shed 1.08%

Published 07 Jul, 2026 07:53am

Markets

Yen pinned near 40-year low in test of Tokyo's intervention resolve

The euro last bought 185.47 yen , following a 0.5% rise in the previous session

Published 07 Jul, 2026 07:49am

Markets

Oil gains after vessels attacked near Strait of Hormuz

Brent crude futures gained 76 cents, or 1.1%, to $72.75 a barrel

Updated 07 Jul, 2026 06:22pm

Markets

Australian shares little changed as gold miners, consumer stocks drag

The S&P/ASX 200 index fell 0.1% to 8,824.70

Published 07 Jul, 2026 07:39am

Pakistan

51st INSC on Physics and Contemporary Needs inaugurated

ISLAMABAD: Chairman of the Pakistan Atomic Energy Commission (PAEC), Dr. Raja Ali Raza Anwar, on Monday inaugurated...

Published 07 Jul, 2026 06:41am

Business & Finance

Bank Alfalah, BII sign USD50m loan facility

ISLAMABAD: Bank Alfalah Limited and British International Investment (BII), the UK’s development finance institution...

Published 07 Jul, 2026 06:36am

Pakistan

CM reaffirms commitment to empowering rural Punjab

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has reaffirmed her commitment to ensuring the provision of...

Published 07 Jul, 2026 06:34am

Pakistan

Dar reviews preparations for upcoming SCO CHS Chairmanship

ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Muhammad Ishaq Dar on Monday chaired the...

Published 07 Jul, 2026 06:31am

Business & Finance

FPCCI eager to work with foreign organizations

KARACHI: Atif Ikram Sheikh, president of the FPCCI, has welcomed the visit of Dr. Hashim Hussain, head of the United...

Published 07 Jul, 2026 06:28am

Business & Finance

Taxpayer’s long-pending grievance: FTO lauds FBR official’s support

ISLAMABAD: The Federal Tax Ombudsman (FTO) has appreciated the prompt and responsible conduct of the Chief Sales...

Published 07 Jul, 2026 06:28am

Business & Finance

Govt urged to provide power to industry at lower rates

KARACHI: Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum (PBIF) & All Karachi...

Published 07 Jul, 2026 06:25am

Business & Finance

KATI urges PM, ministers to resolve industrial power tariff anomoly

KARACHI: The Korangi Association of Trade and Industry (KATI) has urged the prime minister, federal minister for...

Published 07 Jul, 2026 06:23am

Pakistan

Minister launches EAMS for e-hearing of cases

ISLAMABAD: Federal Minister for Law and Justice, Senator Azam Nazeer Tarar, on Monday formally launched the E-Appeal...

Published 07 Jul, 2026 06:20am

Markets

‘Pakistan-China cooperation opens new era for cotton research’

LAHORE: Pakistan harvested only 5.6 million bales of cotton during the last season, the lowest production recorded...

Published 07 Jul, 2026 06:19am

Business & Finance

Portugal proposes ‘Pakistan Business Forum’

LAHORE: The Ambassador of Portugal to Pakistan, Paulo Domingues, has proposed organizing a Portugal-Pakistan...

Published 07 Jul, 2026 06:18am

Pakistan

Punjab bans charges for plastic shopping bags

LAHORE: The Punjab Environmental Protection Agency (EPA) has intensified its drive against single-use plastics by...

Published 07 Jul, 2026 06:11am

Pakistan

Punjab CM approves establishment of AMAP

LAHORE: With the aim of improving transparency, governance and revenue generation, Punjab Chief Minister Maryam...

Published 07 Jul, 2026 06:10am

Business & Finance

Railways generates record Rs115bn revenue: Abbasi

LAHORE: Federal Minister for Railways Hanif Abbasi claimed that Pakistan Railways has achieved its highest-ever...

Published 07 Jul, 2026 06:10am

Business & Finance

Rubber stoppers: New Customs values fixed

ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has fixed new customs values of Rubber Stoppers...

Published 07 Jul, 2026 05:50am

Sports

State-of-the-art bowling machine installed at NCA

LAHORE: The Pakistan Cricket Board (PCB) has installed a state-of-the-art Trueman-3 bowling machine at the National...

Published 07 Jul, 2026 05:39am

Pakistan

UNSG candidate calls on Dar

ISLAMABAD: María Fernanda Espinosa, former Foreign Minister of Ecuador and currently candidate for the position of...

Published 07 Jul, 2026 05:37am

Pakistan

Violation of IWT an attack on sovereignty: Azma

LAHORE: Punjab Information and Culture Minister Azma Bokhari has said that India’s BJP-led government has adopted a...

Published 07 Jul, 2026 05:33am

Business & Finance

Visibility of price, sales tax on products mandatory: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has directed manufacturers and importers of 56 goods/products...

Published 07 Jul, 2026 05:32am

Business & Finance

Carbon Levy: Experts raise questions about financing transformation to electric mobility

ISLAMABAD: The government has introduced a carbon levy on fossil fuels, proposed additional taxes on conventional...