News Archives for Business & Finance - 2025-11-20

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Business & Finance - 2025-11-20

Energy

India’s Reliance stops importing Russian crude for refinery operations

NEW DELHI: India’s Reliance Industries has stopped importing Russian crude oil into its refining complex at Jamnagar...

Published 20 Nov, 2025 09:54pm

Commodities

Copper creeps higher after Nvidia results, but strong dollar weighs

LONDON: Copper prices edged up on Thursday after strong results from AI giant Nvidia, but a strong dollar and...

Published 20 Nov, 2025 08:52pm

Companies

PIA’s name, identity to remain intact after privatisation, PM Shehbaz assures

Premier directs authorities to fast-track privatisation of national carrier

Published 20 Nov, 2025 08:37pm

Stocks

Sri Lankan shares snap five straight sessions of losses

CSE All-Share index settled 0.33% higher at 23,104.96 points

Published 20 Nov, 2025 07:47pm

Stocks

Gulf stocks track global rally on AI optimism, firm oil prices lend support

Most Gulf stock markets ended higher on Thursday, tracking global peers after Nvidia’s strong earnings and upbeat...

Published 20 Nov, 2025 07:44pm

Forex

India central bank cautious in its approach to stablecoins, cryptos, chief says

NEW DELHI: The Indian central bank is adopting a cautious approach towards cryptocurrencies and stablecoins, Reserve...

Published 20 Nov, 2025 07:36pm

Middle East

Abu Dhabi’s IHC plans to exit minority investments worth up to $25 billion

ABU DHABI: Abu Dhabi conglomerate International Holding Company plans to exit from non-strategic minority...

Published 20 Nov, 2025 07:31pm

South Asia

India’s financial crimes agency freezes Anil Ambani Group properties worth $164 million

India’s financial crime fighting agency said on Thursday it has frozen multiple properties of Anil Ambani Group...

Published 20 Nov, 2025 07:26pm

Forex

SBP-held foreign exchange reserves rise by $27 million to $14.55bn

Total liquid foreign reserves held by country stand at $19.74 billion

Published 20 Nov, 2025 07:24pm

Commodities

Asia rice: Weak demand pulls Vietnam rates to near 5-year low; India prices edge higher

Vietnam’s rice rates fell to a near five-year low this week on weak demand and a push for higher-quality production,...

Published 20 Nov, 2025 07:20pm

Markets

Pakistan’s first large scale production & delivery of IMO complaint VLSFO

Milestone achieved with Vitol’s Singapore flag bunker barge, Marine Ista with Dead Weight Tonnage (DWT) of 8,722MT

Published 20 Nov, 2025 06:25pm

Pakistan

IMF sees 6.5% GDP upside if Pakistan fixes corruption, governance

Diagnostic report calls for reforms to taxation, procurement and oversight of Pakistan’s revenue authority

Updated 20 Nov, 2025 11:45pm

Technology

Pakistan’s telecom sector faces Rs152bn revenue decline in FY25

Telecom operators grapple with rising operational costs, heavy taxation, and deteriorating consumer purchasing power

Updated 20 Nov, 2025 11:46pm

Companies

PPL rejects reports of offshore ‘artificial island’

Pakistan Petroleum Limited (PPL), one of Pakistan’s largest energy and exploration companies, has rejected recent...

Published 20 Nov, 2025 04:59pm

Financial

India bonds boxed in range ahead of debt supply

Mumbai: Indian government bonds were little changed on Thursday, as traders braced for Friday’s debt sale, after...

Published 20 Nov, 2025 04:41pm

Commodities

Palm drops more than 1% tracking soyoil slide

KUALA LUMPUR: Malaysian palm oil futures closed more than 1% lower on Thursday, snapping five straight sessions of...

Published 20 Nov, 2025 04:34pm

Stocks

HSBC sees India’s Sensex at 94,000 by end-2026 on earnings recovery, cooling valuations

Global brokerage HSBC expects India’s equity benchmark BSE Sensex to rise about 10% by end-2026, setting a target of...

Published 20 Nov, 2025 04:30pm

Forex

Indian rupee ends a tad lower as modest inflows cushion drag from firmer dollar

MUMBAI: The Indian rupee closed slightly weaker on Thursday, pressured by broad-based strength in the dollar on a...

Published 20 Nov, 2025 04:23pm

Markets

India’s TCS set to partner with TPG for multi-billion dollar AI data centre JV, Economic Times reports

India’s Tata Consultancy Services is set to form a multi-billion dollar joint venture with private equity firm TPG...

Published 20 Nov, 2025 04:20pm

Stocks

Reliance leads India’s stock benchmarks towards record high levels

India’s equity benchmarks settled close to record-high levels on Thursday, led by Reliance as a solid quarterly...

Published 20 Nov, 2025 04:17pm

Commodities

India’s palm oil imports to rebound from 5-yr low on competitive prices

MUMBAI: India’s palm oil imports are expected to rebound by nearly 20% in the new marketing year, driven by...

Published 20 Nov, 2025 04:15pm

Companies

Pakistan’s TOMCL secures approval for direct export to Carrefour Qatar

First consignment for Carrefour Qatar has been dispatched

Published 20 Nov, 2025 03:28pm

Business & Finance

Freelancers in Gilgit-Baltistan are making $15m a year, way more than its IT firms: study

Before 2018, GB had virtually no dedicated IT parks, co-working spaces, or incubators

Published 20 Nov, 2025 02:37pm

Business & Finance

Philip Morris (Pakistan) Limited accelerates toward a smoke-free future in Pakistan

KARACHI: Philip Morris (Pakistan) Limited (“PMPKL”), in its pursuit of a smoke-free future for Pakistan has...

Published 20 Nov, 2025 02:33pm

Commodities

Gold price drops by Rs5,000 per tola in Pakistan

Reaches Rs426,562

Published 20 Nov, 2025 02:12pm

Energy

Asian Development Bank approves $330mn loans for Pakistan’s power sector

Loans approved for the Second Power Transmission Strengthening Project

Updated 20 Nov, 2025 11:46pm

Business & Economy

IMF reveals ‘elite capture’ costing Pakistan billions

Singles out sugar industry as a textbook example of how intertwined relationship between economic elites and state regulators combines to capture public benefits

Updated 20 Nov, 2025 02:20pm

Stocks

Japan’s Nikkei reclaims key 50,000 mark as tech stocks rally on Nvidia results

The Nikkei 225 Index jumped 3.5% to 50,254.38, set to snap a four-session loss

Published 20 Nov, 2025 12:21pm

Stocks

South Korean shares end higher as chipmakers jump on AI relief

The benchmark KOSPI closed up 75.34 points, or 1.92%, at 4,004.85

Published 20 Nov, 2025 12:14pm

Markets

BNP Paribas raises CET1 ratio target to 13% by 2027

The French bank’s shares have gained about 13% this year

Published 20 Nov, 2025 12:13pm

Business & Finance

Reko Diq financial closure ‘around the corner’, says Aurangzeb: report

The finance minister calls the project a game-changer for Pakistan

Published 20 Nov, 2025 12:13pm

Stocks

Australian shares rebound as miners, banks lead broad-based gains

The S&P/ASX 200 index closed 1.2% higher at 8,552.70 points

Published 20 Nov, 2025 12:12pm

Commodities

Iron ore retreats from two-week high with supply glut concerns back in focus

The benchmark December iron ore on the Singapore Exchange was down 0.77% at $103.55 a ton

Published 20 Nov, 2025 11:48am

Commodities

Palm snaps five-day rally on weaker rival oils

The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange slid 47 ringgit, or 1.11%, to 4,179 ringgit

Published 20 Nov, 2025 11:46am

Commodities

Copper rises on bullish Chile outlook as investors weigh Fed rate decision

The most-traded copper contract on the Shanghai Futures Exchange was up 0.34% to 86,250 yuan

Published 20 Nov, 2025 11:42am

Markets

China’s Lenovo signs long-term component‑supply deal for next year

Yang said adjusting prices - raising or lowering them - is a natural way to manage cost fluctuations, without elaborating

Published 20 Nov, 2025 11:24am

Markets

BOJ set to hike interest rates in December, but decision on knife-edge - Reuters poll

The BOJ last raised rates by 25 basis points in January

Published 20 Nov, 2025 11:21am

Commodities

China’s Mongolian coal imports up 20% in Oct, Russian imports slip 18%

Mongolia shipped 7.76 million metric tons of coal to China in October

Published 20 Nov, 2025 11:13am

Stocks

China, HK stocks edge up as gains in financials counter losses in tech

Meanwhile, the CSI Bank Index gained 1.8%, while the Liquor Index was up nearly 1%

Published 20 Nov, 2025 11:12am

Companies

Pakistan’s textile giant Gul Ahmed to acquire industrial plot in Nooriabad to expand operations

In a move aimed at strengthening its operational footprint, Gul Ahmed Textile Mills Limited (GATM), one of the...

Published 20 Nov, 2025 11:08am

Energy

China’s October Russian crude imports stay strong; Kuwait, UAE barrels set records

Imports from top supplier Russia fell 7.3% to 9.11 million metric tons year-on-year

Published 20 Nov, 2025 11:07am

Forex

China’s yuan slips against dollar, but rises to 7-month high vs currency basket

The onshore yuan fell to a low of 7.1199 per dollar

Published 20 Nov, 2025 11:06am

Forex

Australia, NZ dollars nurse heavy losses as US rate cut bets crumble

The Aussie was flat at $0.6482, having dropped 0.5% overnight to as low as $0.6451, the weakest level in a month

Published 20 Nov, 2025 11:04am

Mutual Funds

Japan’s bonds, currency slide as fiscal concerns mount

The 30-year JGB yield rose 5 basis points (bps) to an unprecedented 3.39%

Published 20 Nov, 2025 11:03am

Mutual Funds

India bonds inch lower on caution ahead of debt supply

The benchmark 10-year yield was 6.5450%

Published 20 Nov, 2025 10:59am

Business & Finance

Nigeria studying Pakistan’s revenue model during high-level visit

Aurangzeb apprised the Nigerian delegation of Pakistan’s macroeconomic progress

Published 20 Nov, 2025 10:50am

Bullion Rate

Gold dips as dollar gains, traders dial back US rate-cut bets

Spot gold was down 0.1% at $4,077.82 per ounce

Published 20 Nov, 2025 10:46am

Exchange

Rupee records marginal gain against dollar

Currency settles at 280.65 against greenback

Updated 20 Nov, 2025 07:15pm

Stocks

Buying rally continues, KSE-100 up 700 points

Benchmark index settles near 163,000 level

Updated 20 Nov, 2025 07:01pm

Commodities

China imports no US soybeans for second month, Brazil arrivals up 29%

Data from China’s General Administration of Customs on Thursday showed US soybean imports in October fell to zero from 541,434 metric tons a year earlier

Published 20 Nov, 2025 08:47am

Forex

Dollar strength set to challenge Indian rupee’s tentative recovery on hawkish Fed outlook

The 1-month non-deliverable forward indicated the rupee will open slightly weaker-to-flat versus the US dollar, having settled at 88.5875 on Wednesday

Published 20 Nov, 2025 08:44am

USA

US authorizes export of advanced American semiconductors to companies in Saudi, UAE

The UAE hailed the decision as "another milestone" in its partnership with the US

Published 20 Nov, 2025 08:42am

Markets

Nvidia’s strong forecast calms AI bubble jitters, for now

The chipmaker's stellar third-quarter earnings and fourth-quarter forecast calmed, at least temporarily

Published 20 Nov, 2025 08:11am

Stocks

Indian stocks set to open higher on foreign inflows, earnings optimism

Both the Nifty 50 and Sensex indexes, now less than 1% off record highs, are set for record peaks after 14 months

Published 20 Nov, 2025 08:02am

Stocks

Stocks rally hard after Nvidia tops estimates, jobs data in view

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.6%, rebounding from a one-month low

Published 20 Nov, 2025 07:59am

Forex

Yen slumps, dollar jumps as rate cut bets recede

The yen fell 1% to a 10-month low of 157.18 per dollar overnight in a slide that began after Finance Minister Satsuki Katayama

Published 20 Nov, 2025 07:56am

Energy

Oil edges up amid broader market rally, falling U.S. crude stockpiles

Brent crude futures were up 57 cents, or 0.9%, at $64.08 a barrel

Updated 20 Nov, 2025 04:46pm

Business & Finance

China to halt Japan seafood imports amid Taiwan spat

TOKYO: China will suspend Japanese seafood imports, media in Tokyo reported Wednesday as a row sparked by comments...

Published 20 Nov, 2025 03:13am

Business & Finance

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 80,662 tonnes of cargo comprising 28,976 tonnes of import cargo and 51,686...

Published 20 Nov, 2025 03:13am

Companies

CEO of Indian conglomerate JSW’s copper business resigns

NEW DELHI: The CEO of India’s steel-to-power conglomerate JSW Group’s copper business Pankaj Kumar has resigned...

Published 20 Nov, 2025 03:13am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 31	278
USD PKR Interbank Buying / Jul 31	277.80
USD to Japanese Yen / Jul 31	157.40
USD to Swiss Franc / Jul 31	0.81
Pound Sterling to USD / Jul 31	1.35
Euro to USD / Jul 31	1.15
SOFR % / Jul 31	3.64

Stock	Volume
S&P 500 / Jul 31	7,489.72
India Sensex / Jul 31	78,094.64
Nasdaq / Jul 31	25,373.85
FTSE 100 / Jul 31	10,868.05
Dow Jones / Jul 31	52,485.03
Germany DAX 30 / Jul 31	25,629.24
France CAC40 / Jul 31	8,509.64
Tokyo Nikkei / Aug 3	63,240.51
Hang Seng / Aug 3	25,926.38

Item	Value
Crude Oil USD/Barrel / Jul 31	84.67
Karachi Cotton PKR/37.32 KG / Jul 31	18,480
Gold 10 Grams PKR / Jul 31	369,029
Gold Spot USD/Ounce / Jul 31	4,046.15
Cotton US¢/pound / Jul 31	81.79
Petrol/Litre / Aug 3	336.03
Diesel/Litre / Aug 3	392.38

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jul 31 Wasl Mobility Modaraba(WASL)	7.92 ▲ 1 (14.45%)
First AL-Noor Mod. / Jul 31 First Al-Noor Modaraba(FANM)	9.08 ▲ 1 (12.38%)
Cres.Star Ins. / Jul 31 Crescent Star Insurance Limited(CSIL)	6.04 ▲ 0.62 (11.44%)
Premier Insurance / Jul 31 Premier Insurance Limited(PINL)	13.41 ▲ 1.22 (10.01%)
Asim Textile / Jul 31 Asim Textile Mills Limited(ASTM)	38.38 ▲ 3.49 (10%)
Trust Mod. / Jul 31 Trust Modaraba(TRSM)	24.19 ▲ 2.2 (10%)
The Thal Ind.Corp. / Jul 31 The Thal Industries Corporation Limited(TICL)	1,151.46 ▲ 104.68 (10%)
Shahtaj Sugar / Jul 31 Shahtaj Sugar Mills Limited(SHJS)	191.79 ▲ 17.44 (10%)
J.A.Textile / Jul 31 J.A. Textile Mills Limited(JATM)	38.75 ▲ 3.52 (9.99%)
Aisha Steel(ConPS) / Jul 31 Aisha Steel(ConPS)(ASLPS)	38.96 ▲ 3.54 (9.99%)

Stock	Price
Dadabhoy Cement / Jul 31 Dadabhoy Cement Industries Limited(DBCI)	20.40 ▼ -2.27 (-10.01%)
Olympia Mills / Jul 31 Olympia Mills Limited(OML)	148.54 ▼ -15.74 (-9.58%)
Imperial Limited / Jul 31 Imperial Limited(IML)	21.16 ▼ -1.82 (-7.92%)
Kohinoor Power / Jul 31 Kohinoor Power Company Limited(KOHP)	25.84 ▼ -2.2 (-7.85%)
Gulistan Sp. / Jul 31 Gulistan Spinning Mills Limited(GUSM)	9.56 ▼ -0.74 (-7.18%)
786 Invest Ltd / Jul 31 786 Investments Limited(786)	24.04 ▼ -1.82 (-7.04%)
Asia Ins. / Jul 31 Asia Insurance Company Limited(ASIC)	41.12 ▼ -2.88 (-6.55%)
Shaheen Ins. / Jul 31 Shaheen Insurance Company Limited(SHNI)	8.76 ▼ -0.57 (-6.11%)
Zahid Jee Textile / Jul 31 Zahidjee Textile Mills Limited(ZAHID)	77.70 ▼ -4.87 (-5.9%)
Bhanero Textile / Jul 31 Bhanero Textile Mills Limited(BHAT)	830.44 ▼ -48.56 (-5.52%)

Stock	Volume
Trust Sec.& Brok. / Jul 31 Trust Securities & Brokerage Limited(TSBL)	178,796,682 ▲ 0.04
Dadabhoy Cement / Jul 31 Dadabhoy Cement Industries Limited(DBCI)	81,740,502 ▼ -2.27
Cnergyico PK / Jul 31 Cnergyico PK Limited(CNERGY)	50,456,921 ▲ 0.13
Wasl Mobility Mod. / Jul 31 Wasl Mobility Modaraba(WASL)	48,675,508 ▲ 1
TPL Properties / Jul 31 TPL Properties Limited(TPLP)	32,842,886 ▲ 0.64
F. Nat.Equities / Jul 31 First National Equities Limited(FNEL)	31,454,195 ▲ 0.02
WorldCall Telecom / Jul 31 Worldcall Telecom Limited(WTL)	28,353,328 ▲ 0
TPL Corp Ltd / Jul 31 TPL Corp Limited(TPL)	27,658,286 ▲ 1.15
Oilboy Energy / Jul 31 Oilboy Energy Limited(OBOY)	22,266,613 ▲ 0.66
Pak Refinery / Jul 31 Pakistan Refinery Limited(PRL)	21,805,902 ▲ 3.51

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