News Archives for Business & Finance - 2025-12-03

<<>>

Business & Finance - 2025-12-03

Companies

NLC’s contributions get recognition at Tashkent

National Logistics Corporation has exported around 6000 tonnes of agri products to Uzbekistan

Published 03 Dec, 2025 09:26pm

Energy

India’s clean energy firms seek better weather data as rules tighten

NEW DELHI: India’s clean energy producers on Wednesday flagged the lack of effective weather forecasting models in...

Published 03 Dec, 2025 08:34pm

Stocks

Most Gulf bourses in black on oil, US rate cut bets

Most stock markets in the Gulf ended higher on Wednesday, amid rising crude prices, as investors look to U.S....

Published 03 Dec, 2025 06:37pm

Forex

Indian rupee cracks below 90 to the dollar, hit by tariffs, capital outflows

Indian rupee is one of Asia’s worst performers, having fallen over 5% against the dollar

Published 03 Dec, 2025 06:25pm

Stocks

Sri Lanka shares fall as consumer discretionary, healthcare stocks drag

CSE All Share index dropped 1.6% to 21,885.13

Published 03 Dec, 2025 05:53pm

Commodities

Copper hits record high on supply concerns and weaker dollar

LONDON: Copper prices were sent to a record high on Wednesday by a weaker dollar, supply concerns and tighter...

Published 03 Dec, 2025 05:11pm

South Asia

Russia’s Sberbank seeks to boost imports, labour migration from India after Putin’s visit

"We are doing our best to help our clients so that it is not only about exporting to India but also importing from India," said Vedyakhin

Published 03 Dec, 2025 05:06pm

Financial

India bonds dip on wary sentiment before RBI policy

MUMBAI: Indian government bonds slipped on Wednesday as sentiment turned bitter after data undermined speculation...

Published 03 Dec, 2025 04:56pm

Pakistan

PIA privatisation bidding to be televised live on Dec 23: PM Shehbaz

Pakistan govt failed in first attempt to privatise national carrier last year after receiving offer well below asking price of over $300 million

Updated 03 Dec, 2025 08:07pm

Companies

India’s JSW Steel to move Bhushan Power’s steel business to JV with JFE Steel

India’s JSW Steel will sell the steel business of its unit Bhushan Power and Steel to an equal-stakes joint venture...

Published 03 Dec, 2025 04:32pm

Commodities

Palm falls on easing Dalian palm oil

JAKARTA: Malaysian palm oil futures declined slightly on Wednesday, tracking their Dalian counterparts that pared...

Published 03 Dec, 2025 04:20pm

Forex

Indian rupee falls to record low below 90, risks steeper slide without central bank help

MUMBAI: The Indian rupee slid past 90 per U.S. dollar to a record low on Wednesday, declining for the sixth...

Published 03 Dec, 2025 04:16pm

Stocks

Indian shares extend losses on trade deal jitters, rupee at record low

India’s equity benchmarks fell for a fourth consecutive session on Wednesday, as a delay in the trade deal with the...

Published 03 Dec, 2025 04:12pm

Commodities

Gold price drops by Rs1,000 per tola in Pakistan

Silver price increases by Rs81 to reach Rs6,085 per tola

Updated 03 Dec, 2025 05:29pm

Markets

PM Shehbaz emphasises ‘revolutionary’ National Tariff Policy to enhance global competitiveness

Export Development Fund has not been used for research and training, says PM

Updated 03 Dec, 2025 06:10pm

Currency

Binance co-founder Yi He joins Richard Teng in dual leadership structure

Yi He, a longtime Binance executive, has been with the company for more than eight years and currently serves as its Chief Customer Service Officer

Published 03 Dec, 2025 01:16pm

Commodities

Jordan issues tender to buy up to 120,000 metric tons wheat, traders say

The deadline for submission of price offers in the tender is December 9

Published 03 Dec, 2025 01:14pm

Commodities

Copper gains on supply concerns; Fed rate decision eyed

But London copper also reversed Tuesday’s losses to rise 0.93% to $11,249 a ton

Published 03 Dec, 2025 01:12pm

Stocks

Australian shares inch higher as traders brace for GDP data

The S&P/ASX 200 index rose 0.2% to 8,592

Published 03 Dec, 2025 12:30pm

Companies

K-Electric given March 2026 deadline to clear backlog of financial statements, hold AGMs

KE says it remains committed to complying with all regulatory requirements

Published 03 Dec, 2025 12:30pm

Stocks

China, HK stocks fall as slowing services growth, property woes sour mood

Hong Kong's Hang Seng dropped roughly 1%

Published 03 Dec, 2025 12:27pm

Forex

Yuan near 14-month high as PBOC sets strongest fix in over a year

The offshore yuan firmed to 7.0618, the strongest level since October 9, 2024

Published 03 Dec, 2025 12:24pm

Stocks

South Korea shares rise, tracking Wall Street’s gains

The won strengthened, while the benchmark bond yield fell

Published 03 Dec, 2025 12:18pm

Energy

Pakistani E&Ps sign agreements for three offshore, two onshore exploration blocks

Pakistan’s leading exploration and production companies (E&Ps), including Oil & Gas Development Company...

Published 03 Dec, 2025 12:10pm

Stocks

Japan’s Nikkei rises as tech shares track Wall Street higher

The Nikkei advanced 0.7% to 49,670.09, while the broader Topix fell 0.37% to 3,328.67

Published 03 Dec, 2025 12:10pm

Mutual Funds

Indian bonds slip; central bank not major buyer, state banks lead

The benchmark 10-year yield was at 6.5347%

Published 03 Dec, 2025 12:08pm

Markets

Egypt’s non-oil private sector sees strongest growth in five years in November, PMI shows

The S&P Global Egypt Purchasing Managers’ Index (PMI) rose to 51.1 last month from 49.2 in October

Published 03 Dec, 2025 11:55am

Markets

Thai business group sees GDP growth at 2% this year

A key driver of Thai growth, are expected to rise 10% this year, compared with a previous projection of growth of 9.5% and 10.5%

Published 03 Dec, 2025 11:48am

Commodities

Palm oil tracks Dalian contract higher

The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange gained 33 ringgit, or 0.79%, to 4,192 ringgit

Published 03 Dec, 2025 11:45am

Bullion Rate

Gold rebounds on Fed cut expectations; silver hits record high

Spot gold rose 0.4% to $4,222.22 per ounce

Published 03 Dec, 2025 11:37am

Mutual Funds

Vietnam raises $298mn in govt bond auction

The uptake was also higher, with 60% of the bonds on offer sold, compared with 43% last week, according to a Hanoi Stock Exchange filing

Published 03 Dec, 2025 11:35am

Markets

Russia’s services sector growth accelerates in November, PMI shows

PMI readings above 50 signal growth, while those below indicate contraction

Published 03 Dec, 2025 11:34am

Mutual Funds

JGB yields rise on concerns over further rate hikes after December meeting

The two-year JGB yield, the most sensitive to the BOJ's policy rate, rose 1 basis point (bp) to 1.015%

Published 03 Dec, 2025 11:32am

Commodities

India’s January-October iron ore imports at six-year high, JSW Steel top buyer

Average imports during 2019–2024 were 4.3 million metric tons a year, Ladkat said

Published 03 Dec, 2025 11:31am

Exchange

Pakistan rupee inches up against US dollar

Currency settles at 280.46 against greenback

Updated 03 Dec, 2025 09:39pm

Business & Finance

Pakistan calls for operationalising D-8 Preferential Trade Agreement

Islamabad signs D-8 Protocol on Dispute Settlement Mechanism

Updated 03 Dec, 2025 09:20pm

Stocks

Selling pressure grips bourse, KSE-100 settles nearly 1,500 points lower

Benchmark index settled at 166,145.34

Updated 03 Dec, 2025 05:52pm

Energy

Pakistan Petroleum deepens energy ties with Türkiye through new deal

Finalises Assignment Agreement for Eastern Offshore Indus Block C

Updated 03 Dec, 2025 09:14pm

Stocks

India stock benchmarks set to open higher after 3-session drop

GIFT Nifty futures were trading at 26,196

Published 03 Dec, 2025 08:24am

Forex

Indian rupee set to hold near 90 with shaky sentiment, flows overshadowing dollar dip

The 1-month non-deliverable forward indicated the rupee will open in the 89.86-89.92 range versus the US dollar, having weakened 0.4% on Tuesday to 89.87

Published 03 Dec, 2025 08:21am

Forex

Dollar takes a breather ahead of Fed

The biggest cryptocurrency by market value surged about 6% to top $91,000 overnight

Published 03 Dec, 2025 08:18am

Stocks

Stocks rise as slide in bitcoin, global bonds hit pause

Bitcoin reclaimed the $90,000 level while Nasdaq and S&P 500 futures rose 0.1% each

Published 03 Dec, 2025 08:15am

Energy

Oil rises as Moscow peace talks fail to reach breakthrough

Brent crude gained 46 cents, or 0.7%, to $62.91

Updated 03 Dec, 2025 09:36pm

Companies

Mobilink Bank enters into collaboration with NAVTTC

ISLAMABAD: Pakistan’s leading digital microfinance bank, Mobilink Bank, has entered into a strategic collaboration...

Published 03 Dec, 2025 07:29am

Industry

PCJCCI welcomes roadmap to fast-track Phase II of CPEC

LAHORE: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has welcomed Pakistan’s newly ...

Published 03 Dec, 2025 07:25am

Industry

Economy enters phase of clear and steady recovery: Danyal

ISLAMABAD: Pakistan’s economy has entered a phase of clear and steady recovery, Parliamentary Secretary for...

Published 03 Dec, 2025 07:19am

Industry

Chinese delegation, BoI discuss new investment opportunities

ISLAMABAD: A three-member Chinese delegation from Tianjin Chuanhui Group visited the Board of Investment’s Project...

Published 03 Dec, 2025 07:18am

Industry

Denmark to help Pakistan for environment-friendly technologies

FAISALABAD: The Danish government will help Pakistan to switch over to environment-friendly technologies in addition...

Published 03 Dec, 2025 07:17am

Industry

‘FoodAg Pakistan 2025 opens new doors for collaboration, growth’

KARACHI: The FoodAg Pakistan 2025 has remarkable impact on the horticulture sector, which is a cornerstone of...

Published 03 Dec, 2025 07:13am

Industry

KBIA team discusses major issues with LCCI president

LAHORE: A delegation of the Kattar Band Industrial Association (KBIA) visited the Lahore Chamber of Commerce &...

Published 03 Dec, 2025 07:11am

Energy

Minister visits Punjab Thermal Power Plant

LAHORE: Punjab Energy Minister Faisal Ayub Khokhar on Tuesday said the provincial government is prioritising a shift...

Published 03 Dec, 2025 07:09am

World

Broadcaster RTL to cut 600 jobs in Germany

FRANKFURT: The German branch of broadcaster RTL is to slash about 600 jobs amid sinking TV revenue, the firm said...

Published 03 Dec, 2025 05:59am

Europe

German economy in ‘deepest crisis’ of post-war era: industry group

FRANKFURT: Germany’s economy is suffering its “deepest crisis” since the aftermath of World War II, an ...

Updated 03 Dec, 2025 08:11am

Industry

‘Hooliganism’ at LCCI sends shock waves through whole business community

LAHORE: An incident at the Lahore Chamber of Commerce & Industry (LCCI) has sent shockwaves through the business...

Published 03 Dec, 2025 05:59am

Business & Finance

New customs values fixed for uncoated offset paper

ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new customs values on the import of uncoated...

Published 03 Dec, 2025 05:59am

Energy

OPEC+ members to undergo annual oil capacity audit under new plan

LONDON/MOSCOW: OPEC+ members will undergo an annual assessment of their oil production capacity starting next year...

Published 03 Dec, 2025 05:59am

Agriculture and Allied

Farmers warn of looming agricultural collapse

LAHORE: Farmers’ representatives on Tuesday accused the government of failing to protect growers from ...

Published 03 Dec, 2025 05:59am

Pakistan

PCDMA decries prolonged load shedding in Jodia Bazar

KARACHI: Business activity in Jodia Bazar, Karachi’s largest wholesale market and a key artery of the country’s...

Published 03 Dec, 2025 05:59am

Business & Finance

Pak fintech sector rising: Forbes

ISLAMABAD: Pakistan’s fintech sector is witnessing a dramatic upswing, with investments jumping from USD 12.5...

Published 03 Dec, 2025 05:59am

Business & Finance

Complaint handling, call centers: SECP survey identifies gaps in user experiences

ISLAMABAD: The "Stakeholder Perception & Feedback Survey" of the Securities and Exchange Commission of Pakistan...

Published 03 Dec, 2025 05:59am

Pakistan

Seminar on KP’s NFC share and merged areas’ challenges held

PESHAWAR: A seminar on “Khyber Pakhtunkhwa’s NFC Share and the Financial & Administrative Challenges of...

Published 03 Dec, 2025 05:59am

Industry

REAP raises alarm over declining export of rice

KARACHI: Group Chairman, Rice Exporters Association of Pakistan (REAP) Abdul Rahim Janoo said that things are not...

Published 03 Dec, 2025 05:59am

Energy

Hydrocarbon exploration and production: Turkiye’s TPAO signs deals with Pakistani companies

ANKARA: Turkiye’s state oil company TPAO signed hydrocarbon exploration and production agreements with Pakistani...

Published 03 Dec, 2025 05:59am

Industry

Cement industry: Slump continues for third consecutive month

LAHORE: Pakistan’s cement industry recorded another month of weakening exports, marking the third consecutive...

Published 03 Dec, 2025 05:59am

Money & Banking

UK banks can handle financial unrest amid AI fears: BoE

LONDON: The Bank of England on Tuesday said Britain’s banks are sufficiently strong to weather renewed financial...

Published 03 Dec, 2025 05:59am

Money & Banking

PayPak–Mastercard’s cooperation: FBL launches Pakistan’s first co-badge debit card

KARACHI: Faysal Bank Limited (FBL), in partnership with PayPak and Mastercard, has unveiled Pakistan’s first...

Published 03 Dec, 2025 05:59am

Money & Banking

SCB secures EMAAR Pakistan mandate

KARACHI: Standard Chartered Bank (Pakistan) Limited has been awarded the working capital banking mandate by EMAAR...

Published 03 Dec, 2025 05:59am

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
Tokyo Nikkei / Jul 31	64,362.02
Nasdaq / Jul 31	25,373.85
Hang Seng / Jul 31	25,884.43
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

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 2	336.03
Diesel/Litre / Aug 2	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

Most Popular