News Archives for Business & Finance - 2025-12-05

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Business & Finance - 2025-12-05

Markets

Pakistan, ADB sign $61.8mn agreements for three development initiatives

Initiatives to support priority needs in connectivity, urban transport, and water sector

Published 05 Dec, 2025 10:33pm

Companies

Pak-Qatar Family Takaful aims to raise over Rs1bn via IPO next week

Bidding will kick-start at a minimum price of Rs14 per share that can go up by a maximum 50% to Rs21 per share

Published 05 Dec, 2025 10:05pm

Companies

Netflix to buy Warner Bros Discovery’s studios, streaming unit for $72 billion

"I know some of you are surprised that we're making this acquisition - and I certainly understand why," Netflix Co-CEO said

Published 05 Dec, 2025 09:14pm

South Asia

IndiGo’s flight chaos spoils India’s wedding parties

IndiGo has apologised to customers, but that may not be soothing enough for many to-be-weds

Published 05 Dec, 2025 08:56pm

Companies

Jindal sees subsidies as ‘important’ in potential takeover of Thyssenkrupp steel unit

BERLIN: Jindal Steel International sees government subsidies in Europe as “an important factor” in its strategy for...

Published 05 Dec, 2025 08:48pm

Stocks

Wall St futures steady ahead of key inflation report

Wall Street’s main indexes were poised for a muted open on Friday as investors awaited a long-delayed inflation...

Published 05 Dec, 2025 08:39pm

Companies

Pakistan’s OGDC ramps up unconventional gas plans

Renewed push comes after US President Donald Trump said Pakistan held massive oil reserves in July

Published 05 Dec, 2025 07:55pm

Energy

Global LNG: Asia spot prices at fresh two-month low as mild weather softens demand

LONDON: Asian spot liquefied natural gas prices hit their lowest level in two months as high inventories and mild...

Published 05 Dec, 2025 07:43pm

South Asia

India’s ONGC moves closer to keeping 20% stake in Russia’s Sakhalin-1 project, sources say

NEW DELHI: India’s Oil and Natural Gas Corp will pay into Russia’s Sakhalin-1 oil and gas field abandonment fund in...

Published 05 Dec, 2025 07:34pm

Stocks

RBI rate cut helps India’s Sensex, Nifty pare weekly losses after record highs

India’s stock benchmarks closed Friday with gains after the Reserve Bank of India lowered key lending rates by 25...

Published 05 Dec, 2025 07:30pm

Stocks

UAE markets up on Fed rate cut bets

Stock markets in the United Arab Emirates rose on Friday, mirroring gains in global equities ahead of a key reading...

Published 05 Dec, 2025 07:25pm

Commodities

Palm rises on Dalian strength, posts second weekly gains

JAKARTA: Malaysian palm oil futures booked a second consecutive weekly gain as the contract rose after a two-session...

Published 05 Dec, 2025 07:19pm

Forex

Indian rupee marks quiet end to historic week, lags regional peers after RBI rate cut

MUMBAI: The Indian rupee closed little changed on Friday after the Reserve Bank of India cut policy rates, logging a...

Published 05 Dec, 2025 07:16pm

Financial

India rate cut, liquidity boost spur $2.7 billion bond rush

MUMBAI: A rate cut and easy monetary policy guidance by India’s central bank lifted bonds on Friday, triggering $2.7...

Published 05 Dec, 2025 07:11pm

Commodities

Copper hits record high, heads for weekly jump after Citi lifts outlook

Copper jumped to a record high on Friday after Citi lifted its price outlook for the metal, while a weak dollar also...

Published 05 Dec, 2025 06:54pm

Stocks

Cyclone-ravaged Sri Lanka’s shares log worst week in over three years

CSE All-Share index fell 1.5% on Friday, taking weekly losses to 5.35%

Published 05 Dec, 2025 06:50pm

Financial

India rate cut fuels bond rally but 10-year ends steady

MUMBAI: Indian government bonds rallied on Friday after a policy interest rate cut and liquidity infusion measures,...

Published 05 Dec, 2025 06:45pm

Financial

India’s RBI to buy 4- to-25-year bonds in open market purchases on Thursday

MUMBAI: The Reserve Bank of India will conduct the first of two open market bond purchases on Thursday. The central...

Published 05 Dec, 2025 06:43pm

Companies

India’s October tea production drops 21.3% as weather hits plucking

MUMBAI: India’s tea production in October plunged by 21.3% from a year earlier to 161.93 million kilograms, the...

Published 05 Dec, 2025 06:40pm

Markets

India central bank asks banks to ringfence non-core business

MUMBAI: India’s central bank on Friday asked banks to submit a detailed plan on ringfencing their core business from...

Published 05 Dec, 2025 06:36pm

Technology

Cloudflare restores services after minor dashboard outage

Cloudflare has restored impacted software services after a minor outage on Friday hampered access to crypto trading...

Published 05 Dec, 2025 06:23pm

Bullion Rate

Gold price gains Rs3,000 per tola in Pakistan

10-gram gold sold at Rs381,054

Published 05 Dec, 2025 02:58pm

Markets

Ford recalls nearly 109,000 vehicles, NHTSA says

The recall covers certain 2020–2022 Escape and 2025 Escape models

Published 05 Dec, 2025 01:53pm

Markets

India weighs greater phone-location surveillance; Apple, Google and Samsung protest

India's home ministry had scheduled a meeting of top smartphone industry executives to discuss the matter on Friday but it was postponed

Published 05 Dec, 2025 01:51pm

Business & Finance

‘Pakistan must build locally as global hardware prices soar’

Rising cost of imported devices will increase expenditure of public and private sector entities, and add significantly to import bill

Published 05 Dec, 2025 01:38pm

Companies

The macro ties that bind gold and oil with the global economy

How the performance of two essential commodities in 2025 offers a roadmap for the global economy in 2026.

Published 05 Dec, 2025 01:09pm

Markets

AD Ports Group, LDC partner to upgrade Karachi Port agricultural logistics

Agreement is a milestone in advancing bilateral trade and economic development between the UAE and Pakistan

Published 05 Dec, 2025 12:45pm

Commodities

Soybeans set to snap seven-week rally on China demand worries

The most-active soybean contract on the Chicago Board of Trade (CBOT) eased 0.18% to $11.17-1/2 a bushel

Published 05 Dec, 2025 12:30pm

Forex

Yuan steadies after PBOC signals unease about rapid gains; focus turns to key meeting

The onshore yuan traded largely flat at 7.0706 per dollar

Published 05 Dec, 2025 12:24pm

Stocks

China stocks snap three-day slide on chip optimism, but set for weekly loss

The Shanghai Composite Index was up about 0.1% at 3,878.98

Published 05 Dec, 2025 12:16pm

Commodities

Palm rises on Dalian strength, weaker ringgit; eyes second weekly gain

The contract has risen 0.65% so far this week

Published 05 Dec, 2025 12:06pm

Commodities

Copper hits record high after Citi lifts price outlook

The Shanghai copper is set to end the week 5.33% higher

Published 05 Dec, 2025 11:53am

Commodities

Iron ore set for weekly loss on improved supply, soft Chinese demand

The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) traded 1.01% lower at 785.5 yuan

Published 05 Dec, 2025 11:50am

Mutual Funds

India bond bulls, bears nervous before RBI decision

The benchmark 10-year yield is likely to drift in a 6.52%–6.53% band till the monetary policy decision

Published 05 Dec, 2025 11:46am

Stocks

Service Long March Tyres decides to go public to raise funds

Company seeks listing at PSX

Published 05 Dec, 2025 11:45am

Forex

Australia, NZ dollars hold weekly gains as bulls scent rate hikes

The kiwi dollar idled at $0.5760, having added 0.4% for the week

Published 05 Dec, 2025 11:42am

Markets

Japan’s Nikkei loses ground as investor focus shifts to BOJ, Fed meetings

The Nikkei 225 Index slid 1.4% to 50,299.09 in early trading, trimming its weekly gain to 0.1%

Published 05 Dec, 2025 11:40am

Markets

Japan finance minister says dialogue with BOJ governor has been positive

Since taking on this role in October, I believe communications between Governor Ueda and myself have been very good in many respects

Published 05 Dec, 2025 11:38am

Stocks

Australia shares dip as rate-hike fears hit banks; NEXTDC powers tech rally

The S&P/ASX 200 index was down 0.2% at 8,598.90

Published 05 Dec, 2025 11:36am

Bullion Rate

Gold flat as Treasury yields counter soft dollar ahead of key US data

Spot gold held its ground at $4,215.92 per ounce

Published 05 Dec, 2025 11:25am

Markets

India central bank cuts key rate, boosts liquidity to support ‘goldilocks’ economy

The central bank has now cut rates by a total of 125 basis points since February 2025

Published 05 Dec, 2025 11:20am

Energy

World’s top solar maker says local manufacturing not yet viable in Pakistan

Pakistan faces structural limitations facing utility-scale projects, says LONGi

Published 05 Dec, 2025 11:14am

Money & Banking

Saudi firm Najd Gateway seeks majority stake in Samba Bank Pakistan

Najd Gateway is actively investing in Pakistan’s key sectors

Published 05 Dec, 2025 10:21am

Exchange

Rupee records gain against US dollar

Currency settles at 280.42 against US dollar

Updated 05 Dec, 2025 07:49pm

Stocks

KSE-100 Index gains 800 points amid bullish momentum

Benchmark index settles at 167,085.58

Updated 05 Dec, 2025 07:39pm

Energy

Chevron’s Gorgon LNG project secures $2 billion investment nod

Chevron said in Gorgon Stage 3, six wells will be drilled across two fields, part of a series of planned subsea tiebacks

Published 05 Dec, 2025 08:47am

Forex

Dollar hovers near five-week low on Fed rate cut bets

The dollar index , which measures the currency against six rivals, was flat at 99.065 early in Asia

Published 05 Dec, 2025 08:44am

Stocks

India’s stock benchmarks set to open higher ahead of RBI policy decision

Gift Nifty futures were trading at 26,184.5 points

Published 05 Dec, 2025 08:24am

Forex

Indian rupee likely to inch up ahead of RBI decision after recovery tempers bearish run

The 1-month non-deliverable forward indicated the rupee will open in the 89.86-89.88 range versus the US dollar

Updated 05 Dec, 2025 12:11pm

Stocks

Japan’s Nikkei skids in subdued Asia as bets of rate hike grow

MSCI's broadest index of Asia-Pacific shares outside Japan was off 0.1% but was still set for a gain of 0.5% for the week

Published 05 Dec, 2025 08:19am

Energy

WTI heads for weekly gains as Fed hopes boost market and Venezuela tensions loom

Brent crude fell 14 cents, or 0.2%, to $63.12 per barrel

Updated 05 Dec, 2025 12:18pm

Taxes

KTBA elects new office-bearers, executive committee members

KARACHI: The Karachi Tax Bar Association (KTBA) has elected its new office bearers and executive committee members...

Published 05 Dec, 2025 08:04am

Companies

5th XBorder Excellence Awards: Payoneer honours top exporters, SMB Innovators

KARACHI: Payoneer, the global financial technology company driving cross-border business growth, hosted the 5th...

Published 05 Dec, 2025 07:59am

Business & Finance

Pakistan’s growing economy: Kyrgyz investors urged to tap opportunities

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday urged Kyrgyz investors to capitalise on emerging opportunities...

Published 05 Dec, 2025 07:55am

Business & Finance

All pension schemes: SECP directs PFMs to announce NAV daily

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed Pension Fund Managers (PFMs) to...

Published 05 Dec, 2025 07:53am

Business & Finance

Pakistan, UAE agree to expand global tech partnerships

ISLAMABAD: Pakistan and the United Arab Emirates have agreed to significantly expand cooperation in digital...

Published 05 Dec, 2025 07:50am

Rates

Spot rate firm amid slow business

LAHORE: The local cotton market on Thursday remained steady and the trading volume remained limited. Cotton Analyst...

Published 05 Dec, 2025 07:36am

Business & Finance

New values of polyester partially oriented yarn issued

ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has issued new customs values of the polyester...

Published 05 Dec, 2025 07:06am

USA

US weekly jobless claims dive to a more than three-year low

WASHINGTON: The number of Americans filing new applications for unemployment benefits fell to a more than three-year...

Published 05 Dec, 2025 07:00am

Energy

Energy sector: Leghari, Canadian team discuss investment opportunities

ISLAMABAD: Federal Minister for Power, Sardar Awais Ahmed Khan Leghari, on Thursday, met with a Canadian delegation...

Published 05 Dec, 2025 06:23am

Energy

Turkey, Azerbaijan: PD officials laud policy reforms aimed at attracting investment

ISLAMABAD: The government’s policy reforms and administrative actions have not only attracted investment from...

Updated 05 Dec, 2025 08:41am

Pakistan

Zardari, Kyrgyz president pledge to expedite CASA-1000 project

ISLAMABAD: President Asif Ali Zardari and Kyrgyz President Sadyr Zhaparov on Thursday pledged to expedite the...

Published 05 Dec, 2025 06:23am

Pakistan

Saqib to represent Pakistan at 2 global digital asset forums

ISLAMABAD: Pakistan’s growing footprint in the global digital economy received a major boost as Minister of State...

Published 05 Dec, 2025 06:23am

Industry

Japan’s investment in Pakistan crosses USD1.3bn mark: envoy

KARACHI: Japan’s investment in Pakistan has crossed USD 1.3 billion, the Japanese Ambassador Akamatsu Shuichi said...

Updated 05 Dec, 2025 10:28am

Business & Finance

SBP deputy governor explains how digital payments, financial services can transform women’s lives

KARACHI: UN Women-Pakistan, in collaboration with the State Bank of Pakistan and partner UN agencies, marked the...

Published 05 Dec, 2025 06:23am

Companies

NBP observes Men’s Day with leadership dialogue

KARACHI: National Bank of Pakistan (NBP) marked Men’s Day with an insightful and engaging programme at the Head...

Published 05 Dec, 2025 06:23am

Business & Finance

Saudi Arabia ‘extends term’ for USD3bn deposit

KARACHI: In a major development on economic front, Kingdom of Saudi Arabia (KSA) has extended term for USD3.0 ...

Published 05 Dec, 2025 06:23am

Business & Finance

Govt decides to regulate used car imports

ISLAMABAD: After months of serious pressure by local automobile manufacturers, the government has decided to ...

Published 05 Dec, 2025 06:23am

Business & Finance

SNGPL says receivables hit alarming level of Rs114.287bn

ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) has revealed that it is facing grievous liquidity issues due ...

Published 05 Dec, 2025 06:23am

Business & Finance

China state-owned banks soak up dollars to slow yuan gains

BEIJING: China’s major state-owned banks bought dollars in the onshore spot market this week and held on to them ...

Published 05 Dec, 2025 06:23am

Industry

Key reforms in customs appraisement system praised

LAHORE: Key reforms in the customs appraisement system, including enhanced staff capacity and the successful...

Published 05 Dec, 2025 06:23am

Industry

International certifications and accreditations: SMEDA unveils new grant programme for small businesses

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) has unveiled a new grant programme designed ...

Published 05 Dec, 2025 06:23am

Industry

LCCI stands committed to safeguarding transport sector: Saigol

LAHORE: President of the Lahore Chamber of Commerce & Industry (LCCI), Faheem-ur-Rehman Saigol, has said that ...

Published 05 Dec, 2025 06:23am

Companies

Afghan operations: BAFL accepts non-binding offer from Ghazanfar Bank

KARACHI: Bank Alfalah Limited (BAFL) has formally announced that its Board of Directors has accepted a non-binding...

Published 05 Dec, 2025 06:23am

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

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