News Archives for Business & Finance - 2025-09-22

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Technology

Nvidia to invest $100 billion in OpenAI

Chipmaker Nvidia plans to invest up to $100 billion in artificial intelligence startup OpenAI under a new agreement,...

Published 22 Sep, 2025 09:53pm

Stocks

London stocks edge higher on boost from miners

London stocks closed modestly higher on Monday, as gains in mining shares helped offset losses in automakers, while...

Published 22 Sep, 2025 09:45pm

Commodities

Kuwaiti oil production capacity reaches highest in more than 10 years

KUWAIT; Kuwait’s crude oil production capacity stands at 3.2 million barrels per day (bpd), oil minister Tariq...

Published 22 Sep, 2025 07:52pm

Stocks

S&P 500, Nasdaq subdued after rally, Trump’s visa crackdown weighs

The S&P 500 and the Nasdaq were subdued on Monday after rallying to record highs in the previous session, while...

Published 22 Sep, 2025 07:46pm

Commodities

Copper caught between Chinese restocking and rising inventories

LONDON: Copper prices dipped on Monday, restrained by climbing inventories and a weak global economic backdrop that...

Published 22 Sep, 2025 07:41pm

Stocks

TSX edges higher as materials, gold shares rise

Canada’s main stock index edged higher on Monday, with gold mining and materials shares leading the gains, as...

Published 22 Sep, 2025 07:34pm

Stocks

Gulf stocks steady as investors digest rate cuts; Qatar, Egypt lag

Gulf stock markets were largely steady on Monday after regional central banks lowered interest rates in tandem with...

Published 22 Sep, 2025 07:15pm

Commodities

Cocoa slumps to two-month low, coffee and sugar rise

LONDON: Cocoa futures on ICE fell to two-month lows on Monday with weak demand seen leading to a global surplus in...

Published 22 Sep, 2025 05:29pm

Energy

Saudi Arabia crude exports fall to four-month low in July

Saudi Arabia’s crude oil exports in July hit their lowest level in four months, according to data from the Joint...

Published 22 Sep, 2025 05:03pm

Forex

India bonds flat before second-half debt plan

MUMBAI: Indian government bonds ended flat on Monday, with market participants cautiously awaiting details of New...

Published 22 Sep, 2025 04:51pm

Forex

Indian rupee slips as H-1B visa fee hit for Indian stocks drags sentiment

MUMBAI: The Indian rupee closed slightly weaker on Monday as new U.S. visa norms weighed on markets and dragged IT...

Published 22 Sep, 2025 04:39pm

South Asia

India’s borrowing plan for FY26 second half unchanged, chief adviser says

NEW DELHI: The Indian government’s market borrowings for the second half of the current financial year will remain...

Published 22 Sep, 2025 04:33pm

Stocks

Indian shares fall as US visa crackdown triggers near $10-billion sell-off in IT stocks

Indian equity benchmarks declined on Monday, dragged by key information technology stocks that lost roughly $10...

Published 22 Sep, 2025 04:26pm

Markets

India’s bank cash crunch likely temporary, analysts say

MUMBAI: The fall in India’s banking system liquidity surplus is expected to ease over the coming days, as government...

Published 22 Sep, 2025 04:17pm

Business & Finance

Saudi Arabia defence pact could open new doors for Pakistan’s economy

There is a huge potential to boost exports, including IT, textile, rice, seafood and leather goods

Published 22 Sep, 2025 04:11pm

South Asia

Sri Lanka’s consumer prices climb 1.5% on-year in August

Sri Lankan consumer prices rose 1.5% in August compared with the same month last year, jumping from an annual growth...

Published 22 Sep, 2025 04:11pm

Commodities

Palm snaps two straight sessions of losses as export data lifts market

KUALA LUMPUR: Malaysian palm oil futures snapped two consecutive sessions of declines on Monday, as stronger Chicago...

Published 22 Sep, 2025 04:06pm

USA

Trump expected to approve TikTok deal via executive order later this week, WSJ reports

U.S. President Donald Trump is expected to approve a deal for TikTok through an executive order, declaring that it...

Published 22 Sep, 2025 04:02pm

Business & Finance

Pakistan’s JW Group establishes commercial vehicle JV with Robo.ai Inc

JW Group, a Pakistani industrial conglomerate, announced to establish a commercial vehicle joint venture (JV) named...

Published 22 Sep, 2025 02:48pm

Commodities

Gold prices hit fresh all-time high in Pakistan

Gold prices soared to a fresh record high in Pakistan on Monday, in line with their increase in the international...

Updated 22 Sep, 2025 07:55pm

Business & Finance

India plans minority stake sales in half a dozen state firms, official says

NEW DELHI: The Indian government is planning to sell minority stakes in about half a dozen state-run companies,...

Published 22 Sep, 2025 01:27pm

Business & Finance

Economy: PM Shehbaz directs ministries to expedite actionable investment, trade projects

Prime Minister Shehbaz Sharif has instructed all ministers to immediately identify actionable projects and take...

Updated 22 Sep, 2025 11:32pm

Stocks

Porsche shares seen 6.2% lower after delayed EV launch hits guidance

Shares in Porsche were seen 6.2% lower in early Frankfurt trade on Monday, after the German luxury sports carmaker...

Published 22 Sep, 2025 11:45am

Currency

Pakistani rupee registers 32nd successive gain against US dollar

Currency settles at 281.45 against US dollar

Updated 22 Sep, 2025 08:15pm

Stocks

Late profit-taking wipes out intra-day gains at KSE-100 Index

Benchmark index settles at 157,554.66, down by 482.71 points or 0.31%

Updated 22 Sep, 2025 08:37pm

Markets

JGBs extend declines as bets for BOJ rate hike grow

TOKYO: Japanese government bonds (JGBs) extended declines on Monday, with the two- and five-year yields hitting...

Published 22 Sep, 2025 10:42am

Companies

China’s BYD makes gains in Spain with low EV prices, fast expansion

BARCELONA: When Javier Hernandez went car shopping in Barcelona, he ended up choosing a plug-in hybrid by China’s...

Published 22 Sep, 2025 10:28am

Markets

Bestway Cement to enter Pakistan auto sector

Bestway Cement Limited, one of Pakistan’s largest cement producers, has announced to venture into the country’s auto...

Published 22 Sep, 2025 10:23am

Companies

Pakistan’s TOMCL seals $8.1mn beef export deal with UAE’s Gold Crest Trading

The Organic Meat Company Limited (TOMCL) announced on Monday that it had entered into a new export contract worth...

Updated 22 Sep, 2025 08:43pm

South Asia

US H-1B visa clarification eases uncertainty, India’s IT industry body says

The United States specifying that higher fees for H-1B visa applications will be imposed only on new applications...

Updated 22 Sep, 2025 09:51am

Money & Banking

Japan PM contender Hayashi backs BOJ rate-hike strategy

TOKYO: The Bank of Japan’s plan to gradually raise interest rates is broadly in line with the government’s thinking...

Published 22 Sep, 2025 08:47am

Money & Banking

Australia’s central bank alert to risks over economic outlook, governor says

SYDNEY: Australia’s central bank will be on alert to the risk that economic outlook may change, but the flow of data...

Published 22 Sep, 2025 08:39am

Companies

Nissan showcases assisted driving system using UK startup Wayve’s technology

TOKYO: Nissan Motor said on Monday it has started testing a new driver-assistance system that uses technology from...

Published 22 Sep, 2025 08:37am

USA

Trump’s H-1B visa crackdown upends Indian IT industry’s playbook

BENGALURU: India’s $283 billion information technology sector will have to overhaul its decades-old strategy of...

Published 22 Sep, 2025 08:32am

Companies

PC Hospitality partners with Q-Links Property Management

LAHORE: Pearl-Continental Hospitality, the hospitality division of Hashoo Group, has signed a management agreement...

Published 22 Sep, 2025 07:25am

Industry

Pak-Saudi defence pact to usher in era of economic transformation: PIAF

LAHORE: The Pakistan Industrial & Traders Associations Front (PIAF) has hailed the recently signed Strategic...

Published 22 Sep, 2025 07:04am

Taxes

PPWSMA urges FBR to implement FTO’s recommendations

ISLAMABAD: Pakistan Polypropylene Woven Sack Manufacturers Association (PPWSMA) has urged the Federal Board of...

Published 22 Sep, 2025 07:00am

Industry

KP business community hails SMDA

PESHAWAR: Members of the business community welcomed the Strategic Mutual Defence Agreement (SMDA) between Pakistan...

Published 22 Sep, 2025 06:54am

Pakistan

Pakistan-KSA defence agreement termed ‘historic milestone’

KARACHI: Former Chairman of the Rice Exporters Association of Pakistan (REAP) and Convener of the Rice Standing...