News Archives for Business & Finance - 2025-10-06

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Business & Finance - 2025-10-06

World

US federal shutdown enters sixth day as threat of layoffs looms

President Donald Trump’s Republicans and congressional Democrats still at an impasse

Published 06 Oct, 2025 11:03pm

South Asia

India’s trade strategy risks lagging without China focus, says government think tank chief

NEW DELHI: India’s trade strategy could fall behind in global markets unless it expands exports to China and lowers...

Published 06 Oct, 2025 07:03pm

Energy

Pakistan’s OGDCL eyes consortium with Turkish Petroleum for Libya exploration

Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest E&P [exploration and production company], is...

Published 06 Oct, 2025 02:56pm

Business & Finance

‘Saudi Arabia is next big market for Pakistani IT companies’

KARACHI: Amid growing ties between Pakistan and the Kingdom of Saudi Arabia (KSA) on strategic and defence fronts,...

Published 06 Oct, 2025 02:26pm

Business & Finance

PM Shehbaz welcomes Bloomberg’s report as Pakistan’s default risk falls sharply

Prime Minister Shehbaz Sharif on Monday welcomed Bloomberg’s recent positive assessment of Pakistan’s economy,...

Updated 06 Oct, 2025 11:05pm

Markets

Toyota says deal to take key supplier private delayed to February or later

TOKYO: Toyota Motor said on Monday that its tender offer for forklift maker Toyota Industries is now likely to begin...

Published 06 Oct, 2025 01:10pm

Markets

Boeing said to prepare for 737 output hike as soon as October, Bloomberg News reports

Boeing is guiding suppliers that it could ramp up 737 Max output and could reach a 42-jet monthly tempo as early as...

Published 06 Oct, 2025 12:57pm

Stocks

European shares inch lower, dragged by French stocks

The pan-European STOXX 600 inched 0.1% lower to 570.1 points

Published 06 Oct, 2025 12:54pm

Commodities

Palm falls on profit-taking but output worries cap losses

KUALA LUMPUR: Malaysian palm oil futures declined on Monday, dragged down by profit-taking, though concerns over a...

Published 06 Oct, 2025 12:26pm

Markets

AstraZeneca’s Datroway boosts survival in advanced breast cancer trial

AstraZeneca said on Monday its precision drug Datroway improved overall survival and progression free survival in...

Published 06 Oct, 2025 12:24pm

Energy

Saudi Arabia buys 455,000 tons of wheat in tender

Saudi Arabia bought 455,000 metric tons of wheat in an international tender, the country’s General Food Security...

Published 06 Oct, 2025 12:17pm

Stocks

Financials, gold stocks help Australian shares notch 6-week high

The S&P/ASX 200 index climbed 0.3% to 9,017.20

Published 06 Oct, 2025 12:02pm

Stocks

Japan’s Nikkei hits record after fiscal dove Takaichi’s election win

The Nikkei 225 Index surged 3.9% to 47,566.84, after earlier passing the 46,000 for the first time ever

Published 06 Oct, 2025 12:00pm

Mutual Funds

State debt surprise to further pull down Indian bond yields

The yield on the 10-year benchmark note is expected to move between 6.46% and 6.51% on Monday

Published 06 Oct, 2025 11:28am

Commodities

Vietnam Jan-Sept coffee exports up 10.9% y/y to 1.23mn T

Exports in September alone stood at 81,000 tons, a year-on-year increase of 58.5%

Published 06 Oct, 2025 11:25am

Markets

Vietnam Q3 GDP grows 8.23% y/y

The country's exports in the July-September quarter also grew 18.4% from a year earlier to $128.57 billion

Published 06 Oct, 2025 11:17am

Commodities

Vietnam Sept rice exports down 41.3% y/y at 483,000 T

For the January-September period, rice exports fell 1.6% from a year earlier to 6.9 million tons

Published 06 Oct, 2025 11:15am

Forex

Thai baht/US dollar little changed on Monday

The baht was 0.02% higher at 32.36 versus the dollar

Published 06 Oct, 2025 11:13am

Bullion Rate

Gold sails past $3,900/oz for first time on safe-haven bids

Spot gold was up 0.9% at $3,922.28 per ounce

Published 06 Oct, 2025 11:11am

Stocks

Indian shares set to open marginally higher; Tata Capital IPO in focus

Gift Nifty futures were trading at 24,960 points

Published 06 Oct, 2025 11:08am

Commodities

Copper hits more than 16-month high on supply worries

Three-month copper on the London Metal Exchange was up 0.7% at $10,792 per metric ton

Published 06 Oct, 2025 11:06am

Stocks

Politics jolts markets as Japan stocks soar 4%, bitcoin leaps to record high with gold

Japanese stocks surged more than 4% to an all-time high

Published 06 Oct, 2025 11:01am

Companies

Pakistan’s Amreli Steels to raise Rs1bn through direct share

The Board of Directors of Amreli Steels Limited has approved the issuance of up to 40 million ordinary shares for...

Published 06 Oct, 2025 11:00am

Forex

Indian rupee likely steadied by central bank hand as US tariff pressures linger

The currency was last at 88.76 to the dollar

Published 06 Oct, 2025 10:58am

Forex

Yen, bonds sell off as Takaichi win spurs bets on fiscal easing

Against the euro, the Japanese currency fell 1.7% to 176.19 yen

Published 06 Oct, 2025 10:55am

Energy

Oil rises after OPEC+ hikes output less than expected

LONDON: Oil prices rose by about 1% on Monday after OPEC+’s planned production increase for November was more modest...

Updated 06 Oct, 2025 09:29pm

Currency

Rupee sees slight improvement against US dollar

Currency settles at 281.25 against greenback in inter-bank market

Updated 06 Oct, 2025 09:01pm

Companies

FNEL approves Rs1.18bn investments to diversify into real estate and pharma

First National Equities Limited (FNEL) has announced strategic investment decisions totalling up to Rs1.18 billion,...

Published 06 Oct, 2025 10:06am

Stocks

Profit-taking engulfs bourse, KSE-100 sheds over 1,200 points

Growing trade deficit, inflation date raise concerns among investors, say analysts

Updated 06 Oct, 2025 11:25pm

Money & Banking

Russian rouble weakens against dollar

MOSCOW: The Russian rouble weakened slightly against the US dollar and, more significantly, against China’s yuan ...

Published 06 Oct, 2025 07:11am

Money & Banking

Indian rupee caps rough week on a quiet note

MUMBAI: The Indian rupee closed slightly weaker on Friday, steadying just above its all-time low, but sentiment...

Published 06 Oct, 2025 07:10am

Money & Banking

Sterling firms as traders digest PMIs

LONDON: The pound firmed slightly against a broadly weaker dollar on Friday, with traders digesting news that...

Published 06 Oct, 2025 07:10am

Business & Finance

Weekly Review: Positive production report fails to calm cotton market

KARACHI: Textile mills in the country have halted their purchasing activities following a remarkable 49 percent...