News Archives for Business & Finance - 2026-01-16

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Business & Finance - 2026-01-16

Industry

Weak DISCO performance added Rs397bn to circular debt in FY25: NEPRA report

Governance remains most critical challenge confronting Pakistan’s power distribution companies, State of the Industry Report 2025 says

Published 16 Jan, 2026 10:56pm

Markets

SBP kicks-off WE-Finance Code implementation to ‘empower women entrepreneurs’

Coordinated under global initiative known as Women Entrepreneurs Finance Initiative, WE Finance Code was launched by World Bank in 2023

Published 16 Jan, 2026 09:09pm

Stocks

Wall Street rises as chipmakers jump at end of choppy week

Dow Jones Industrial Average rose 67.35 points, or 0.14%, to 49,509.79

Published 16 Jan, 2026 08:55pm

South Asia

India’s landmark tax ruling on investments via Mauritius rattles global investors

The fact that the ruling will impact investments is “nothing but a distraction, Additional Solicitor General of India

Published 16 Jan, 2026 07:25pm

World

Russia holds hearing in $232bn case over frozen assets in EU

It is seeking around $232 billion, a sum it says covers the assets and compensation for lost returns

Published 16 Jan, 2026 06:48pm

Stocks

Sri Lanka shares end flat but extend weekly rally

CSE All-Share index edged up 0.1% at 23,731.60 points

Published 16 Jan, 2026 06:33pm

Commodities

Copper hits one-week low on profit-taking and China demand concerns

Most traded copper contract on the Shanghai Futures Exchange closed daytime trade down 2.3% at 100,770 yuan

Published 16 Jan, 2026 06:30pm

Financial

India bonds log third weekly drop on global index setback

We foresee the RBI injecting more Indian rupee liquidity through OMO purchases

Published 16 Jan, 2026 06:26pm

Energy

Global LNG: Asia spot prices rise as cold weather forecasts lift demand

Tightening market fundamentals and driving a rebound in spot LNG prices

Published 16 Jan, 2026 06:02pm

Companies

Netflix results likely to take backseat to Warner Bros deal questions

Netflix has been locked in a heated battle with Paramount Skydance, which has offered $108.4 billion for all of Warner Bros Discovery

Published 16 Jan, 2026 05:53pm

Stocks

UAE stocks jump as supply fears lift oil

Abu Dhabi’s benchmark index advanced 0.7% to a second session

Published 16 Jan, 2026 05:42pm

Commodities

Palm logs second weekly gain on US plans to finalise biofuel quotas

Dalian’s most-active soyoil contract added 0.63%

Published 16 Jan, 2026 05:32pm

Technology

India’s Infosys rises after strong 2026 view; lifts IT index

Infosys is in a better competitive position compared with other Indian IT consulting firms due to its comprehensive AI offerings

Published 16 Jan, 2026 05:12pm

Companies

India’s Wipro beats third-quarter revenue view on communications segment strength

Consolidated sales for the December quarter rose 5.54% to 235.56 billion Indian rupees for the Indian software services exporter

Published 16 Jan, 2026 05:08pm

Markets

India’s Tech Mahindra beats quarterly revenue view on manufacturing strength

Revenue at India’s fifth-largest IT firm rose 8.3% to 143.93 billion Indian rupees

Published 16 Jan, 2026 05:04pm

Markets

India regulator proposes new trade settlement mechanism to cut costs for offshore funds

Proposal aims to improve efficiency and cut funding costs for foreign portfolio investors, SEBI said

Published 16 Jan, 2026 04:53pm

Currency

Indian rupee slumps the most in nearly two months, state-run banks cap losses

Indian rupee closed at 90.8650 per dollar

Published 16 Jan, 2026 04:49pm

Stocks

India equity benchmarks end week flat as earnings counter global jitters

Nifty 50 rose 0.11% to 25,694.35, while the Sensex added 0.23% to 83,570.35

Published 16 Jan, 2026 04:46pm

Companies

Air India, Singapore Airlines to deepen ties with ‘cooperation framework’

Airlines said the agreement could include expanding both carriers’ corporate travel programmes

Published 16 Jan, 2026 04:43pm

Energy

Cherat Cement to invest Rs1.85bn in battery storage, solar capacity

In a move to curb escalating electricity costs and expand renewable energy use, Cherat Cement Company Limited (CHCC)...

Published 16 Jan, 2026 03:52pm

Business & Finance

Pakistan’s seafood export jumps to $253mn in 1HFY26, up 22%

Minister says performance reflects growing competitiveness of Pakistan’s marine fisheries in global markets

Updated 16 Jan, 2026 03:53pm

Business & Finance

Punjab govt urged to lift ban on medical representatives’ visit to public hospitals

'They are not criminals. They are doing a respectable job,' says Pakistan Pharmaceutical Manufacturers Association's former chairman Tauqeer Ul Haq

Published 16 Jan, 2026 02:54pm

Business & Finance

Nothing political: Pakistan not singled out in US visa curbs, says ex-envoy

Former Pakistan’s envoy to the United States, Hussain Haqqani, has said that Pakistan has not been singled out in...

Published 16 Jan, 2026 01:58pm

Stocks

European shares subdued as gold retreat hits miners

The pan-European STOXX 600 dipped 0.06%

Published 16 Jan, 2026 01:50pm

Financial

Gold price per tola remains stable in Pakistan

Per tola price of silver increases by Rs100 to reach Rs9,525

Updated 16 Jan, 2026 05:22pm

Stocks

Australian shares extend gains to fifth day as banks and miners rise

The S&P/ASX 200 index climbed 0.2% to 8,875.50

Published 16 Jan, 2026 11:56am

Forex

Aussie holds ground as US dollar firms, eyeing small weekly gains

The Aussie hovered at $0.67, having eked out a small gain of 0.2% overnight to bounce back from a key support level of $0.6660

Published 16 Jan, 2026 11:34am

Commodities

Corn heads for biggest weekly loss since July on abundant supply

corn futures edged higher on Friday but were still set for a weekly loss of more than 5%

Published 16 Jan, 2026 11:29am

Bullion Rate

Gold slips as upbeat US data boosts dollar, dims rate-cut bets

Spot gold eased 0.3% to $4,601.53 per ounce

Published 16 Jan, 2026 10:58am

Mutual Funds

Key level for India 10-year bond yield likely to be tested as debt supply looms

The benchmark 10-year 6.48% 2035 bond yield is likely to be in the range of 6.63% to 6.67% till the debt auction

Published 16 Jan, 2026 10:54am

Stocks

Japan’s Nikkei extends fall as rally loses steam

The Nikkei was down 0.44% at 53,867.19

Published 16 Jan, 2026 10:51am

Commodities

Palm rises on strong rival oils, positive export data; set for second weekly gain

The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange rose 62 ringgit, or 1.55%, to 4,052 ringgit

Published 16 Jan, 2026 10:48am

Markets

Federal govt punctures claims of stronger provincial tax performance

Federal collections are on a trajectory to reach 15% of GDP by June 2028, says Schehzad

Updated 16 Jan, 2026 06:45pm

Forex

Indian rupee to drop on hawkish Fed comments; moderating trade deficit, RBI lend support

The 1-month non-deliverable forward indicated the rupee will open at 90.36-90.38 versus the US dollar

Published 16 Jan, 2026 10:45am

Commodities

Copper falls on China demand concerns, but heads for weekly gain

BEIJING: Copper prices fell on Friday, weighed down by rising concerns over demand prospects in top consumer China...

Published 16 Jan, 2026 10:42am

Commodities

Iron ore falls as high prices deter buying appetite

The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) traded 0.43% lower at 812.5 yuan

Published 16 Jan, 2026 10:20am

Exchange

Rupee registers improvement against US dollar

Currency settles at 279.95 against greenback

Updated 16 Jan, 2026 09:40pm

Stocks

China stocks dip, set to snap 4-week winning run

Hong Kong benchmark Hang Seng was down 0.3%

Published 16 Jan, 2026 09:55am

Forex

Yuan hits 32-month high, set for longest weekly gain since 2020

The yuan strengthened to as much as 6.9645 to the dollar, the strongest level since May 2023

Published 16 Jan, 2026 09:51am

Stocks

KSE-100 Index crosses 185,000 as rate cut hopes lift market

Benchmark index gains 3,642.50 points or 2.01% during the day

Updated 16 Jan, 2026 05:56pm

Companies

Disney names Pakistan-born Asad Ayaz chief marketing officer

Ayaz will seek to develop a more coordinated approach to marketing, drawing together teams across Disney’s theme parks, its film and television studios

Published 16 Jan, 2026 09:01am

Industry

Uzbek delegation visits KPT to explore investment opportunities

KARACHI: The Karachi Port Trust (KPT) on Thursday invited Uzbek industry and trade stakeholders to consider ...

Published 16 Jan, 2026 08:29am

Energy

Household gas consumers: Minister directs Sui companies to ensure proper supply

ISLAMABAD: Since January 6, 2026, both Sui Gas Companies - Sui Northern Gas Pipeline Limited (SNGPL) and Sui ...

Published 16 Jan, 2026 08:27am

Industry

Skilled manpower for overseas jobs: KATI extends a helping hand to ministry

ISLAMABAD: Federal Minister for Overseas Pakistanis and Human Resource Development, Chaudhry Salik Hussain, along...

Published 16 Jan, 2026 08:25am

Pakistan

AMIS enables complete digitalisation of audit process

ISLAMABAD: Pakistan has made significant progress in the digital transformation of public sector auditing with the...

Published 16 Jan, 2026 08:17am

Industry

Minister convenes interactive session: Trade bodies raise concerns over challenges in regulatory processes

ISLAMABAD: Business community on Thursday voiced serious concerns over challenges in regulatory processes affecting...

Published 16 Jan, 2026 08:03am

Companies

Zong signs MoU with ZTE Corporation

ISLAMABAD: Zong has signed a Memorandum of Understanding (MoU) with ZTE Corporation and its authorized distributor,...

Published 16 Jan, 2026 07:59am

Stocks

India stock benchmarks set to open higher, led by Infosys after strong earnings

Gift Nifty futures were trading at 25,790 points

Published 16 Jan, 2026 07:55am

Pakistan

Green channel violation: Customs official penalised for turning a blind eye

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a penalty on Superintendent, Collectorate of Customs...

Published 16 Jan, 2026 07:52am

Business & Finance

China offers extensive free-trade deal to Kenya

NAIROBI: Kenya has secured zero-duty access for almost all its exports to China in a preliminary deal, its trade...

Published 16 Jan, 2026 07:48am

Energy

Oil prices rise 1% as supply risks remain in focus

Brent crude was up 84 cents, or 1.3%, to $64.60 a barrel

Updated 16 Jan, 2026 07:27pm

Forex

Dollar poised for third weekly gain as buoyant data seen keeping Fed cuts at bay

The yen remained at levels that risked intervention in currency markets by Japan to defend its currency

Published 16 Jan, 2026 07:40am

Pakistan

Super tax case: A retrospective law cannot impair or destroy vested rights: counsel

ISLAMABAD: Former Law Minister Farogh Naseem stated that though the legislature has power and jurisdiction to pass...

Published 16 Jan, 2026 07:37am

Stocks

Asia shares near record high on AI optimism, dollar up on receding Fed cut bets

Japan's Nikkei fell 0.42%, weighed down in part by a recovery in the yen which has retreated from an 18-month low

Published 16 Jan, 2026 07:36am

Energy

OPEC regains share in India as Russian oil imports slump in December

NEW DELHI: India’s Russian oil imports fell to their lowest level in two years in December, as Western sanctions...