News Archives for Business & Finance - 2025-07-25

<<>>

Business & Finance - 2025-07-25

Companies

India orders blocking of 25 streaming platforms for ‘obscene content’, source says

India has ordered blocking public access to 25 streaming platforms, including Balaji Telefilms -owned ‘ALTT’ for...

Published 25 Jul, 2025 09:54pm

Stocks

FTSE 100 logs fifth straight weekly gain; investors assess earnings, data

The UK’s FTSE 100 closed lower but extended its winning streak to a fifth week on Friday, while investors assessed a...

Published 25 Jul, 2025 09:50pm

Stocks

European shares settle lower as investors gauge mixed earnings, EU-US trade progress

European shares closed lower on Friday, as investors assessed mixed corporate earnings while awaiting updates on a...

Published 25 Jul, 2025 09:47pm

Business & Finance

Pakistan to slow dollar buying, reduce rupee pressure: report

The State Bank of Pakistan (SBP) will continue to build its dollar stockpile but at a slower pace without putting...

Published 25 Jul, 2025 08:27pm

Markets

BYD launches Shark 6 PHEV at a price of Rs19.95mn

BYD Pakistan launched on Friday its Shark 6 Plug-in Hybrid Electric Vehicle (PHEV) - the country’s first PHEV in the...

Updated 25 Jul, 2025 10:53pm

Stocks

Wall Street inches up as Trump’s EU trade remarks and Fed hints stir caution

The S&P 500 and the Dow edged up in tepid trading on Friday as investors assessed President Donald Trump’s...

Published 25 Jul, 2025 08:13pm

Stocks

TSX edges higher as tech stocks rally amid U.S.-Canada trade uncertainty

Canada’s main stock index edged higher on Friday, led by technology shares, even as U.S. President Donald Trump...

Published 25 Jul, 2025 08:10pm

Companies

Volkswagen cuts 2025 guidance after $1.5-billion tariff hit in first half

BERLIN: Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year...

Published 25 Jul, 2025 07:11pm

Commodities

Gold price per tola falls Rs2,300 in Pakistan

Gold prices in Pakistan declined on Friday in line with their decrease in the international market. In the local...

Published 25 Jul, 2025 07:07pm

USA

Trump suggests Fed may be ready to cut interest rates

President Donald Trump said on Friday he had a good meeting with Federal Reserve Chair Jerome Powell and got the...

Published 25 Jul, 2025 07:05pm

Stocks

UAE stocks gain on trade optimism and higher oil prices

Stock markets in the United Arab Emirates closed higher on Friday, mirroring gains in oil prices, with Dubai’s index...

Published 25 Jul, 2025 06:14pm

Companies

Tesla plans to launch Robotaxis in San Francisco this weekend

Tesla is preparing to launch its robotaxi service in San Francisco as soon as this weekend, Business Insider...

Published 25 Jul, 2025 06:08pm

Stocks

Sri Lanka shares notch fifth straight weekly gain

CSE All Share index settled up 0.46% at 19,467.71

Published 25 Jul, 2025 06:00pm

Energy

Global LNG: Asian spot prices slip to ten-week low on tepid demand, rising supply

SINGAPORE: Asian spot liquefied natural gas (LNG) prices slipped for a second consecutive week to a ten-week low,...

Published 25 Jul, 2025 05:53pm

Financial

India bonds drop to 11-week low as RBI commentary adds to bearish cues

MUMBAI: Indian government bonds fell on Friday, as hawkish commentary from India’s central bank governor, coupled...

Published 25 Jul, 2025 05:50pm

Money & Banking

India’s RBI won battle against inflation but war continues, central bank chief says

MUMBAI: The Reserve Bank of India has “won the battle against inflation” but the war is ongoing as price stability...

Published 25 Jul, 2025 05:46pm

Forex

Indian rupee slides for third straight week as tariff deadline, Fed decision near

MUMBAI: The Indian rupee fell to a one-month low on Friday, and logged its third straight weekly decline, pressured...

Published 25 Jul, 2025 04:44pm

South Asia

India, UK trade deal signals Modi’s priorities as New Delhi eyes EU, US pacts

NEW DELHI: India’s trade deal with Britain is a sign of New Delhi’s new gradual shift to opening up its markets...

Published 25 Jul, 2025 04:40pm

Stocks

Indian shares dip; benchmarks hit month-low as earnings, outflows weigh

India’s equity benchmarks ended at a one-month low on Friday, marking their longest weekly losing streak so far in...

Published 25 Jul, 2025 04:28pm

Commodities

Copper under pressure as demand falters ahead of crucial week

LONDON: Copper prices fell on Friday as physical buyers paused ahead of a week that could prove pivotal if it brings...

Published 25 Jul, 2025 04:21pm

Commodities

Palm snaps three-week rally on profit-taking, output concerns

KUALA LUMPUR: Malaysian palm oil futures ended more than 1% lower on Friday, snapping a three-week rally, as traders...

Published 25 Jul, 2025 04:18pm

Business & Economy

Pakistan’s bonds hit 3-year high after credit rating upgrade

LONDON: Pakistan’s long-dated dollar bonds rallied for a second day to hit fresh three-year highs on Friday, a day...

Published 25 Jul, 2025 04:15pm

Commodities

Coffee prices edge higher but overall sentiment bearish

LONDON: Coffee futures traded on ICE edged higher on Friday as technical trade signals prompted speculators to buy,...

Published 25 Jul, 2025 04:12pm

Business & Finance

Pakistan eyes $850mn annual revenue from Gwadar Port via fisheries, dates

Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, on Friday said that with consistent...

Published 25 Jul, 2025 03:25pm

Agriculture and Allied

‘Cruel initiative’: Farmers call for end to 45% agricultural income tax

Sindh Chamber of Agriculture says govt gives businesses privileges like special industrial zones but not farmers

Published 25 Jul, 2025 02:27pm

Business & Finance

15 experts appointed, 47 more to follow as govt accelerates technical hiring drive

The Public-Private Partnership Authority (PPPA) has so far appointed experts to 15 positions, with efforts underway...

Published 25 Jul, 2025 02:13pm

Commodities

Pakistan tenders to buy 100,000 metric tons of sugar, traders say

HAMBURG: Pakistan’s state agency the Trading Corporation of Pakistan (TCP) has issued an international tender to...

Published 25 Jul, 2025 01:54pm

Currency

KIBOR declines across short-term tenors amid policy rate cut expectations

Karachi Interbank Offered Rate (KIBOR) rates for one-week to six-month tenors declined on Friday, indicating market...

Published 25 Jul, 2025 12:23pm

Companies

Kia Corp takes $570 million hit from US tariffs in second quarter

SEOUL: South Korea’s Kia Corp said on Friday that it suffered a hit of 786 billion won ($570 million) from U.S....

Published 25 Jul, 2025 11:29am

Business & Finance

RBI to hold rates in August, expected to cut again later this year: Reuters poll

BENGALURU: The Reserve Bank of India will hold its key repo rate at 5.50% next month following a surprisingly...

Published 25 Jul, 2025 11:26am

Commodities

Trump says US will sell ‘so much’ beef to Australia

WASHINGTON/CANBERRA: The United States will sell “so much” beef to Australia, U.S. President Donald Trump said on...

Published 25 Jul, 2025 11:23am

Business & Finance

Volkswagen lowers guidance as tariffs hit profit in second quarter

BERLIN: Volkswagen on Friday gave its first assessment of how U.S. President Donald Trump’s trade war with Europe is...

Published 25 Jul, 2025 11:20am

Forex

China’s yuan weakens on easing expectations, dollar gains

HONG KONG: China’s yuan fellslightly against the dollar on Friday after hitting an eight-month high in the previous...

Published 25 Jul, 2025 11:05am

Stocks

China stocks pause rally ahead of next week’s Politburo meeting, eye 5th weekly gain

HONG KONG: China stocks edged lower on Friday, pausing their recent rally, as investors locked in gains ahead of a...

Published 25 Jul, 2025 11:04am

Commodities

Wheat inches higher but heads for weekly loss on ample supply

CANBERRA: Chicago wheat futures inched higher on Friday but were set to end the week down 0.8% as strong U.S....

Published 25 Jul, 2025 11:02am

Forex

Australia, NZ dollars set for solid weekly gains on risk rallies

SYDNEY: The Australian and New Zealand dollars headed for solid weekly gains on Friday as the prospect of more U.S....

Published 25 Jul, 2025 10:59am

Stocks

Aussie shares fall as miners, gold stocks weigh; eye worst week since April

Australian shares fell on Friday and were headed for their worst week in 16, dragged down by losses in gold stocks...

Published 25 Jul, 2025 10:58am

Mutual Funds

China 30-year bond futures set for biggest weekly drop in 10 months

SHANGHAI: China’s ultra-long-dated government bond futures are poised for their steepest weekly decline in 10...

Published 25 Jul, 2025 10:56am

Stocks

Nikkei falls as traders lock in gains after US trade deal rally

TOKYO: Japan’s Nikkei share average dropped on Friday, halting a two-day advance that brought the index to the brink...

Published 25 Jul, 2025 10:53am

Mutual Funds

India bonds to remain rangebound ahead of debt supply

MUMBAI: Indian government bonds are likely to open flat on Friday, as traders await New Delhi’s debt sale, which...

Published 25 Jul, 2025 10:51am

Statistics

Top 10 pharma companies at Pakistan Stock Exchange as of July 2025

Pakistan’s pharmaceutical sector stands as one of the steadily growing industries within the country’s economy. With...

Updated 25 Jul, 2025 08:49pm

Currency

Rupee gains ground against US dollar

Currency settles at 283.45 against greenback

Updated 25 Jul, 2025 10:15pm

Stocks

KSE-100 gains over 500 points on Pakistan’s credit rating upgrade

The Pakistan Stock Exchange (PSX) closed on a positive note on Friday, as investors cheered S&P Global’s upgrade...

Updated 25 Jul, 2025 10:27pm

Stocks

India’s equity benchmarks to open flat as market weighs UK trade pact

India’s equity benchmarks are expected to open little changed on Friday as investors weigh the newly signed trade...

Published 25 Jul, 2025 08:33am

Forex

Dip in Asian currencies, outflows likely to keep up pressure on Indian rupee

MUMBAI: The Indian rupee is expected to open weaker on Friday and trade with a modest depreciation bias amid a dip...

Published 25 Jul, 2025 08:31am

Markets

Gold subdued as trade optimism weighs, but soft dollar cap losses

Gold prices edged lower on Friday, as signs of progress in trade negotiations between the U.S. and its trading...

Published 25 Jul, 2025 08:25am

Forex

Dollar heads for biggest weekly drop in a month as focus shifts to Fed, BOJ meets

SINGAPORE: The dollar steadied near two-week lows on Friday, on track for its biggest weekly drop in a month, as...

Published 25 Jul, 2025 08:22am

Stocks

Asian stocks slip from highs, dollar gains as markets brace for crucial week

TOKYO: Asian shares eased from highs on Friday, with Japanese markets retreating from a record peak, as investors...

Published 25 Jul, 2025 08:19am

Energy

Oil steady as investors weigh trade optimism against potential Venezuelan supply increase

LONDON: Oil prices were steady on Friday, as trade talk optimism supported the outlook for both the global economy...

Updated 25 Jul, 2025 06:17pm

Business & Finance

Dar highlights Pakistan’s potential in fintech, digital banking

NEW YORK: Deputy Prime Minister and Foreign Minister Senator Ishaq Dar on Thursday met with leading investment,...

Published 25 Jul, 2025 07:12am

Companies

PMI streamlines local operations: PMPKL takes steps to delist from PSX

KARACHI: Philip Morris (Pakistan) Limited (PMPKL), the local arm of global tobacco giant Philip Morris International...

Published 25 Jul, 2025 07:11am

Companies

Suzuki Motorcycles unveils new graphics for GD110S and GS110

KARACHI: Suzuki Motorcycles, a leading name in the global motorcycle industry, is pleased to announce the launch of...

Published 25 Jul, 2025 07:09am

Companies

UBL expands strategic partnership with Teradata

KARACHI: United Bank Limited (UBL), one of Pakistan’s leading financial institutions, has announced the expansion...

Published 25 Jul, 2025 07:07am

Industry

Proliferation of unregulated furniture exhibitions comes under discussion

LAHORE: A delegation of the Furniture Association, led by Mian Afzaal, called on President of the Lahore Chamber of...

Published 25 Jul, 2025 07:05am

Business & Finance

ZTBL, PDA team up to strengthen dairy sector

ISLAMABAD: Zarai Taraqiati Bank Limited (ZTBL) and the Pakistan Dairy Association (PDA) have entered into a ...

Published 25 Jul, 2025 06:47am

Industry

Economic challenges: Focus on root causes and sustainable steps urged

KARACHI: The Chairman of the National Business Group Pakistan, the President of the Pakistan Businessmen and...

Published 25 Jul, 2025 06:35am

Business & Finance

Minister for deepening economic engagement in ASEAN region

ISLAMABAD: Federal Minister for National Food Security and Research, Rana Tanveer Hussain, addressed an interactive...

Published 25 Jul, 2025 06:29am

Money & Banking

Asian currencies gains

BENGALURU: Emerging Asian stock markets held on to their rallies on Thursday, as a flurry of agreements between...