News Archives for Business & Finance - 2026-01-05

<<>>

Business & Finance - 2026-01-05

USA

US factory sector contracts for 10th straight month in December

Factory employment declines for 11th month

Published 05 Jan, 2026 11:53pm

Markets

India’s Dabur sees early demand revival after tax-cut disruption

The company expects third-quarter consolidated revenue to grow in the mid-single digits

Published 05 Jan, 2026 07:31pm

Markets

India bonds fall as record state debt plan fans supply fears

The benchmark 10-year yield settled at 6.6331% on Monday

Published 05 Jan, 2026 06:32pm

Energy

US oil companies gain after Trump signals access to Venezuela reserves

Shares of Chevron climbed 7.3% in premarket trading

Published 05 Jan, 2026 06:29pm

Money & Banking

India likely to retain 4% inflation target for central bank, Bloomberg News reports

The RBI's target is set every five years and is due in March

Published 05 Jan, 2026 06:20pm

Money & Banking

Loan growth picks up at Indian banks in December quarter

Growth in bank credit decelerated to 9.9% YoY in the quarter ended June

Published 05 Jan, 2026 04:41pm

Companies

New PIA owners eye technical partner, fleet expansion after Rs135bn deal

The newly auctioned Pakistan International Airlines (PIA) is seeking partnerships as part of its ongoing...

Published 05 Jan, 2026 04:41pm

Business & Finance

PSX elects Ruhail Mohammad as chairperson

Ruhail elected following Dr Shamshad Akhtar's death

Updated 05 Jan, 2026 04:28pm

Markets

Samsung to double AI mobile devices to 800 million units this year

The South Korean company, which had rolled out Gemini-backed AI features to about 400 million mobile products, including smartphones and tablets

Published 05 Jan, 2026 01:59pm

Companies

Liven Pharma in talks for ‘possible acquisition’ of Hoover Pharma

Liven Pharma Limited has entered into preliminary discussions with Hoover Pharma (Private) Limited regarding a...

Published 05 Jan, 2026 01:52pm

Stocks

European stocks rise as defence shares lead after Venezuela shock

The pan-European STOXX 600 was 0.3% higher. Trading volumes are expected to normalize as investors return following New Year holidays

Published 05 Jan, 2026 01:41pm

Markets

Foxconn’s Q4 revenue surges 22.07% from a year earlier on AI demand

Revenue for Nvidia's biggest server maker and Apple's top iPhone assembler jumped 22.07% from the same quarter last year to T$2.6028 trillion

Published 05 Jan, 2026 01:39pm

Markets

Kia targets 3.35mn vehicle sales in 2026 after narrowly missing 2025 goal

In a separate regulatory filing, Kia said it had sold 3.14 million vehicles in 2025, slightly below its target of 3.22 million units

Published 05 Jan, 2026 01:30pm

Forex

South African rand steady after Venezuela shock

The rand traded at 16.5050 against the dollar, a whisker away from Friday’s closing level of 16.5075

Published 05 Jan, 2026 01:28pm

Companies

Maple Leaf announces chairman reappointment, CEO appointment

Maple Leaf Cement Factory Limited (MLCF) announced on Monday key appointments in its company. The listed company...

Published 05 Jan, 2026 01:24pm

Financial

Gold per tola gains Rs9,200 in Pakistan

International rate of gold reaches $4,424

Published 05 Jan, 2026 01:08pm

Business & Finance

Customs seize smuggled goods worth Rs183.23mn

Seized items include foreign-origin betel nuts, cigarettes, tyres, cloth, and computer servers

Published 05 Jan, 2026 01:06pm

Stocks

Australian shares end flat as miners counter energy, consumer losses

The S&P/ASX 200 index finished 0.8 points higher at 8,728.60

Published 05 Jan, 2026 12:47pm

Business & Finance

Food insecurity surges in Pakistan, with one in four households affected

Food insecurity has increased in both urban and rural areas, reveals the survey

Published 05 Jan, 2026 12:25pm

Stocks

Japan’s Nikkei jumps nearly 3% as markets shrug off Venezuela tension

The Nikkei was up 2.78% at 51,737.80

Published 05 Jan, 2026 11:57am

Markets

Saudi Arabia’s non-oil private sector growth slows in December, PMI shows

The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers' Index (PMI) fell to 57.4 in December from 58.5 in November

Published 05 Jan, 2026 11:50am

Commodities

Iron ore starts New Year higher on strong demand, tight supplies

The most-traded May iron ore contract on the DCE traded 0.76% higher at 795.5 yuan ($113.94) a metric ton

Published 05 Jan, 2026 11:47am

Markets

Air India looks for new CEO to replace Campbell Wilson, sources say

Wilson took over as Air India CEO and managing director in July 2022, after a 26-year career at Singapore Airlines

Published 05 Jan, 2026 11:42am

Commodities

Shanghai copper kicks off 2026 strong on supply jitters

The benchmark three-month copper on the London Metal Exchange climbed 2.86% to $12,826.5 a ton

Published 05 Jan, 2026 11:37am

Mutual Funds

India bonds seen weaker after record state borrowing plan

The benchmark 10-year yield is expected to drift in a 6.60% to 6.65% band on Monday

Published 05 Jan, 2026 11:35am

Commodities

Chicago wheat edges higher on Black Sea tensions; soy rebounds on bargain buying

Wheat, corn and soybeans all posted modest gains after five consecutive sessions of declines

Published 05 Jan, 2026 11:22am

Bullion Rate

Gold surges as US capture of Venezuela president spurs safe-haven demand

spot gold climbed 1.9% to $4,411.14 per ounce, a one-week high

Published 05 Jan, 2026 11:19am

Stocks

Pakistan’s 10 most valuable listed companies as of Dec 2025

Business Recorder lists companies with highest market capitalisation

Updated 05 Jan, 2026 01:05pm

Forex

China’s yuan extends gains to 32-month high on seasonal demand

The yuan strengthened 4.5% against the greenback last year, snapping three straight years of declines to post the biggest annual rise since 2020

Published 05 Jan, 2026 11:02am

Energy

Trump warns of higher tariffs on India over Russian oil purchases

The US doubled import tariffs on Indian goods to 50% last year as punishment for its heavy buying of Russian oil

Published 05 Jan, 2026 10:59am

Markets

Philippines’ Marcos signs 2026 budget bill, vows prudent spending

The government expects growth of 5% to 6%, lower than earlier forecasts, because of global uncertainties

Published 05 Jan, 2026 10:51am

Markets

Indonesia exports fell 6.6% y/y in November

Statistics Indonesia is due to provide data on imports, trade balance

Published 05 Jan, 2026 10:47am

Stocks

China stocks rally as Shanghai benchmark tops 4,000 in first New Year trade

China's blue-chip CSI300 index was up 1.6%, also hovering near its highest level in nearly three months

Published 05 Jan, 2026 10:38am

Commodities

Palm oil edges higher on softer ringgit

The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange gained 8 ringgit, or 0.2%, to 3,999 ringgit

Published 05 Jan, 2026 10:34am

Exchange

Rupee records gain against US dollar

Currency settles at 280.10 against the greenback

Updated 05 Jan, 2026 07:57pm

Stocks

KSE-100 soars to new peak as investor confidence lifts PSX

Benchmark index gains nearly 3,400 points amid expectations of a policy rate cut

Updated 05 Jan, 2026 05:10pm

Stocks

India’s Nifty set to open higher as robust business updates aid sentiment

The Gift Nifty futures were trading at 26,538.5 points

Published 05 Jan, 2026 07:50am

Industry

HCSTSI concerned over holding of traders’ funds by banks

HYDERABAD: President Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), Muhammad Saleem Memon, has...

Published 05 Jan, 2026 07:50am

Forex

Indian rupee set to face pressure after 90-breach; higher state debt to hit bonds

MUMBAI: The Indian rupee is likely to remain under pressure this week, with traders warning that a move past 90...

Published 05 Jan, 2026 07:47am

Stocks

Stocks climb, oil volatile as investors assess Venezuela implications

MSCI's broadest index of Asia-Pacific shares outside Japan was up 1.2%, while S&P 500 e-mini futures were 0.1% higher

Published 05 Jan, 2026 07:43am

Forex

Dollar firms as traders look past Venezuela to flurry of US data

The dollar added 0.1% to $1.1704 per euro , and earlier strengthened as far as $1.170025 for the first time since December 11

Published 05 Jan, 2026 07:38am

Energy

Oil holds steady as market shrugs off Venezuela upheaval

Brent crude futures were up 37 cents to $61.12 a barrel

Updated 05 Jan, 2026 07:47pm

Pakistan

SSP Operations Faisalabad visit FCCI

FAISALABAD: Faisalabad would be transformed into a peaceful, safe and secure industrial hub to attract maximum local...

Published 05 Jan, 2026 07:19am

Energy

Egypt, Qatar sign MoU to boost LNG sales

CAIRO: Egypt and Qatar signed a memorandum of understanding to boost cooperation in LNG sales and imports, including...