News Archives for Business & Finance - 2025-10-13

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Business & Finance - 2025-10-13

Business & Finance

Aurangzeb discusses investment, development financing in Washington meetings

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Monday began a series of official meetings in...

Published 13 Oct, 2025 10:04pm

Business & Finance

India’s net direct tax collections rise more than 6% yr/yr in April-October

India’s net direct tax collections rose more than 6% to 11.9 trillion rupees in the April 1-October 12 period...

Published 13 Oct, 2025 08:31pm

Commodities

Gold in Pakistan hits record high, gains Rs5,500 per tola

Gold prices in Pakistan increased on Monday in line with their gain in the international market. In the local...

Updated 13 Oct, 2025 09:11pm

Companies

Pakistan National Shipping subsidiaries sign agreements to acquire two Aframax tankers

Pakistan National Shipping Corporation (PNSC), the country’s national flag carrier, announced that its wholly-owned...

Published 13 Oct, 2025 12:38pm

Commodities

Soybeans steady after Trump’s China broadside drives down prices

Corn and wheat futures followed soybeans, rising slightly after dropping sharply on Friday

Published 13 Oct, 2025 12:27pm

Commodities

Pakistan extends offer validity in 100,000 ton sugar tender, traders say

HAMBURG: Pakistan has asked for price offers in an international tender to buy up to 100,000 metric tons of sugar to...

Published 13 Oct, 2025 12:20pm

Stocks

Hong Kong stocks plunge more than 3% by break

HONG KONG: Shares in Hong Kong tumbled more than three percent in the morning session Monday after US President...

Published 13 Oct, 2025 12:00pm

Markets

China trade beats forecasts in September as tariff fears rise

BEIJING: China’s trade grew faster than expected last month, official data showed Monday, though fresh fears are...

Published 13 Oct, 2025 11:57am

Markets

IMF meetings to begin under fresh cloud of US-China trade tensions

WASHINGTON: The IMF and World Bank’s semi-annual gathering of finance ministers and central bank governors gets...

Published 13 Oct, 2025 11:54am

Bullion Rate

Gold hits record high as US-China trade woes escalate; silver scales all-time peak

Spot gold was up 0.7% at $4,044.29 per ounce

Published 13 Oct, 2025 11:32am

Stocks

South Korean shares slide over 2% as US-China trade tensions resurface

The benchmark KOSPI was down 40.87 points, or 1.13%, at 3,569.73

Published 13 Oct, 2025 11:29am

Forex

Australia, NZ dollars rebound as tariff risk reconsidered

SYDNEY: The Australian and New Zealand dollars regained some ground on Monday as investors speculated the latest...

Published 13 Oct, 2025 11:27am

Mutual Funds

Indian bonds likely to gain as states trim debt supply, US Treasuries rally

MUMBAI: Indian government bonds are expected to rise in early deals on Monday, buoyed by lower-than-expected weekly...

Published 13 Oct, 2025 11:25am

Stocks

Australian shares dip as tech and energy drag, Treasury Wine hits 10-year low

The S&P/ASX 200 index fell 0.7% to 8,896.30

Published 13 Oct, 2025 11:20am

Forex

China lifts yuan midpoint to strongest in nearly a year

SHANGHAI: China lifted the official yuan midpoint to the strongest level in nearly a year on Monday, despite the...

Published 13 Oct, 2025 11:10am

Companies

Pakistan’s National Foods divests majority stake in A1 Bags and Supplies

National Foods Limited (NATF) announced that its wholly owned subsidiary, National Foods Dubai Multi Commodities...

Published 13 Oct, 2025 11:07am

Exchange

Rupee posts marginal gain against US dollar

Currency settles at 281.16 against greenback

Updated 13 Oct, 2025 09:29pm

Energy

Shahtaj Sugar Mills announces COD for its power plant

Shahtaj Sugar Mills Limited on Monday announced that its power plant has successfully achieved the Commercial...

Published 13 Oct, 2025 10:04am

Stocks

Pak-Afghan tensions dent investor sentiments, KSE-100 sheds over 4,500 points

Selling pressure mainly due to geopolitical factors, says one analyst

Updated 13 Oct, 2025 09:39pm

Stocks

India stock benchmarks set to start flat; Tata Capital listing in focus

Gift Nifty futures were trading at 25,308.5 points

Published 13 Oct, 2025 08:39am

Forex

US-China trade whiplash, choppy risk, bumpy dollar to test Indian rupee

The 1-month non-deliverable forward indicated the rupee will open in the 88.66-88.68 range versus the US dollar

Published 13 Oct, 2025 08:33am

Stocks

Asia shares off to shaky start, but Wall St futures bounce

MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.6%

Published 13 Oct, 2025 08:26am

Forex

Dollar steadies as markets focus on US-China trade tensions, politics

The dollar index , which measures the greenback's strength against a basket of six currencies, edged higher to 99.002

Published 13 Oct, 2025 08:21am

Energy

Oil recoups some losses after US-China trade tensions

LONDON: Oil prices rose on Monday after hitting five-month lows in the previous session, as investors focused on...

Updated 13 Oct, 2025 05:56pm

Pakistan

Pak-Saudi JBC’s visit: Remarkable economic benefits achieved: Punjab CM

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif noted that her efforts to attract Saudi investment in Punjab has...

Published 13 Oct, 2025 07:00am

Business & Finance

SAPM reviews proposed amendments to SMEDA Ordinance 2002

LAHORE: The 32nd meeting of the Board of the Small and Medium Enterprises Development Authority (SMEDA) held under...

Published 13 Oct, 2025 06:57am

Industry

PAAM for reforms to regulate homeopathic, herbal drugs

LAHORE: Kashif Aslam, President of the Pakistan Association of Alternative Medicine (PAAM), has called for urgent...

Published 13 Oct, 2025 06:54am

Business & Finance

There’s need to enhance two-way business volume with KSA: Gohar

ISLAMABAD: Former caretaker federal minister Gohar Ejaz has said that doors of bilateral investment between Pakistan...

Published 13 Oct, 2025 06:51am

Business & Finance

Banned India-origin textile machinery: customs takes action

ISLAMABAD: The Collectorate of Customs, Appraisement (West), Karachi and the Collectorate of Customs Enforcement...

Published 13 Oct, 2025 06:50am

Business & Finance

KP traders say concerned over imposition of MRP on imported tea

PESHAWAR: Traders associated with the tea sector have raised serious concerns over imposition of minimum retail ...

Published 13 Oct, 2025 06:49am

World

China defends rare earth curbs to US

BEIJING/HONG KONG: China called US President Donald Trump’s latest tariffs on Chinese goods hypocritical on Sunday...

Published 13 Oct, 2025 06:00am

Companies

Courier service launches ‘Leopards Wallet’

KARACHI: Leopards Courier Services has launched Leopards Wallet, a secure and innovative digital payment solution...

Updated 13 Oct, 2025 07:48am

Money & Banking

Japan may intervene if yen dives toward 160 per dollar: ex-BOJ official

TOKYO: Japanese authorities may tolerate moderate yen declines but could intervene if the currency sharply...