News Archives for Business & Finance - 2026-02-11

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Business & Finance - 2026-02-11

Companies

SECP approves Jazz’s acquisition of controlling stake in TPL Insurance

Partnership expected to increase insurance penetration, foreign investment

Published 11 Feb, 2026 10:55pm

Business & Finance

Pakistan’s solar PV capacity could save billions of dollars in fossil fuel imports: study

Much of Pakistan’s energy debate continues to rely on incomplete data, study says

Published 11 Feb, 2026 10:40pm

Stocks

Wall Street climbs in broad rally after stronger-than-expected jobs report

US job growth accelerated in January and the unemployment rate fell to 4.3%

Published 11 Feb, 2026 08:57pm

Companies

India’s Hindalco sees up to $1.6 billion impact from fire at unit’s New York plant

Hindalco had said in November that the incident would hit cash flow by $550 million to $650 million

Published 11 Feb, 2026 07:14pm

South Asia

India’s net direct tax collections rise 9.4% on year in April-Feb

Indian government collected 22.8 trillion Indian rupees in gross direct taxes during April 1 to February 10, about 4.1% higher

Published 11 Feb, 2026 06:56pm

Markets

Indian jeweller Titan poised for double-digit Q4 profit rise, CFO says

Spot gold prices fell nearly 15% over two days in January after US President announced his choice for Fed chair

Published 11 Feb, 2026 05:34pm

Financial

India bond yields fall tracking US Treasuries on soft economic data

The 10-year benchmark 6.48% 2035 bond yield ended at 6.7088%

Published 11 Feb, 2026 05:30pm

Stocks

Sri Lankan shares notch marginal gains

CSE All-Share index edged up by 0.02% to 23,655.68

Published 11 Feb, 2026 05:26pm

Business & Finance

WTO chief urges members to discuss core MFN rule as reform debate grows

WTO members are considering a programme of reforms ahead of a ministerial conference in Cameroon in March

Published 11 Feb, 2026 05:09pm

Stocks

Indian shares pause after three-day rally

Nifty 50 rose 0.07% to 25,953.85, while the BSE Sensex shed 0.05% to 84,233.64

Published 11 Feb, 2026 04:32pm

Stocks

Indonesia Stock Exchange to publish share owner list after ‘constructive’ meeting with MSCI

The exchange plans to publish the list of shareholder concentrations by end of February or early March

Published 11 Feb, 2026 04:27pm

Commodities

Nickel jumps as top Indonesia mine gets lower output quota

Benchmark three-month nickel on the London Metal Exchange was up 2.1% to $17,860 per metric ton

Published 11 Feb, 2026 04:16pm

Currency

Rupee appreciates against US dollar

Settles at 279.66 against greenback

Updated 11 Feb, 2026 07:06pm

Commodities

Palm ends lower after views and forecasts from the Price Outlook Conference

Benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange fell 35 ringgit, or 0.85%

Published 11 Feb, 2026 04:12pm

Forex

Indian rupee pinched by foreign banks’ dollar bids; softer dollar cushions

Indian rupee closed at 90.70 per dollar, down 0.1%

Published 11 Feb, 2026 04:03pm

Companies

Master MoltyFoam introduces AI-Powered smart sleep guidance, redefining mattress shopping in Pakistan

Buying a mattress is one of the most important household decisions, yet it remains one of the most misunderstood. As...

Published 11 Feb, 2026 04:01pm

Companies

Master MoltyFoam introduces AI-Powered smart sleep guidance, redefining mattress shopping in Pakistan

Buying a mattress is one of the most important household decisions, yet it remains one of the most misunderstood. As...

Published 11 Feb, 2026 04:01pm

South Asia

India’s $500 billion US imports intent draws scepticism, risks widening trade deficit

Bilateral trade was $132 billion in 2024-25, with a roughly $41 billion surplus in India’s favour

Published 11 Feb, 2026 03:58pm

Energy

Business community warns new regulations threaten renewable investment

Sharp disparity between buying and selling rates to significantly extend payback period for solar investments

Published 11 Feb, 2026 03:35pm

Energy

PM Shehbaz orders review of NEPRA’s new power regulations

Premier directs Power Division to formulate a comprehensive strategy

Updated 11 Feb, 2026 05:25pm

Markets

Pakistan central bank chief expects broader recovery than IMF forecast

Financial conditions eased significantly following a cumulative 1,150-basis-point cut in the policy rate, says SBP chief

Updated 11 Feb, 2026 06:52pm

Commodities

Gold per tola gains Rs2,300 in Pakistan

10-gram gold sold at Rs453,156

Updated 12 Feb, 2026 05:17pm

Energy

Beco Steel commences installation of 5MW solar power plant

Project expected to yield estimated cost savings of approximately PKR 16.8 million per month

Published 11 Feb, 2026 12:38pm

Energy

TotalEnergies posts 13% drop in fourth-quarter profit on lower oil, gas prices

Total reported fourth-quarter adjusted net income of $3.8 billion (3.2 billion euros), versus $4.4 billion a year earlier

Published 11 Feb, 2026 12:23pm

Markets

Heineken to cut up to 6,000 jobs as beer demand falters

The world’s No. 2 brewer by market value has promised to deliver higher growth with fewer resources under a new strategy that runs until 2030

Published 11 Feb, 2026 12:22pm

Markets

APTMA warns of export threat, urges govt to seek preferential US market access

Major competitors have secured improved market access to the USA through new trade arrangements, says APTMA

Published 11 Feb, 2026 12:14pm

Markets

Pakistan’s Sitara Petroleum plans to go public: report

Company plans to raise Rs3.2 billion

Published 11 Feb, 2026 11:37am

Stocks

Australian shares rise in earnings-heavy session; CSL plunges 18%

The S&P/ASX 200 index rose 0.8% to 8,937.90 points

Published 11 Feb, 2026 11:33am

Stocks

South Korean shares rise for third day on autos boost

The benchmark KOSPI was up 34.25 points, or 0.65%, at 5,335.94

Published 11 Feb, 2026 11:24am

Commodities

Iron ore rises after China’s central bank pledges monetary support

The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) was up 0.26% at 765 yuan a metric ton

Published 11 Feb, 2026 11:18am

Forex

Yuan slips on soft inflation, defying firmer central bank guidance

The spot yuan opened at 6.9120 per dollar and was last trading at 6.9154

Published 11 Feb, 2026 11:14am

Forex

Australian dollar hits three-year peak on rate-hike bets

The Aussie climbed 0.7% to reach $0.7122, the first break above the 71-cent barrier since early 2023

Published 11 Feb, 2026 11:03am

Commodities

Chicago Soybeans extend gains despite bearish USDA data

CBOT wheat Wv1 gained 0.6% to $5.31-1/2 a bushel

Published 11 Feb, 2026 10:59am

Markets

Dubai’s DXB airport forecast to handle nearly 100 million passengers this year

DXB handled 95.2 million passengers last year, up 3.1% from 2024

Published 11 Feb, 2026 10:57am

Commodities

Copper little changed as demand slows ahead of China holiday

The benchmark three-month copper on the London Metal Exchange was unchanged at $13,108 a ton

Published 11 Feb, 2026 10:53am

Stocks

China stocks steady as metals rally counters consumer, AI losses

Hong Kong benchmark Hang Seng was up 0.4%

Published 11 Feb, 2026 10:49am

Energy

Malaysia’s Petronas launches 2026 bid round for nine exploration blocks

The exploration blocks on offer are in the Sandakan and West Sarawak basins off Borneo

Published 11 Feb, 2026 10:46am

Markets

ByteDance developing AI chip, in manufacturing talks with Samsung, sources say

One of the sources said Bytedance is looking to progressively ramp production to up to 350,000 units

Published 11 Feb, 2026 10:43am

Mutual Funds

India bond traders stay pat ahead of inflation data

The 10-year benchmark 6.48% 2035 bond yield was at 6.7279%

Published 11 Feb, 2026 10:34am

Commodities

Palm gains on bearish forecast, slightly weaker ringgit

The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange rose 27 ringgit, or 0.66%, at 4,122 ringgit

Published 11 Feb, 2026 10:32am

Markets

KSA eyes corporate farming investment in Pakistan

Discussions covered cooperation in rice, fodder (including alfalfa), meat, and selected agri-products

Published 11 Feb, 2026 10:28am

Stocks

Buying momentum at bourse, KSE-100 settles above 183,000

Benchmark index settles at 183,049.80

Updated 11 Feb, 2026 06:05pm

Business & Finance

Symmetry Group to acquire US AI-driven firm

LDG expected to generate revenue of approximately Rs200 million during the current year

Published 11 Feb, 2026 09:57am

Forex

Indian rupee seen supported by lower US yields, move past 90.50 seen unlikely

The one-month non-deliverable forward indicated the rupee will open in the 90.55-90.60 range versus the US dollar

Published 11 Feb, 2026 08:12am

Stocks

Buoyant stocks pause for breath on signs of softening US consumption

Trade in Asia was lightened by a holiday in Japan and markets in Hong Kong and China opened around flat

Published 11 Feb, 2026 08:09am

Forex

Yen perky as Japan fiscal fears dissipate, Aussie jumps on hawkish RBA

The Aussie broke above $0.71 for the first time in three years

Published 11 Feb, 2026 07:59am

Stocks

India’s equity benchmarks to open higher on earnings support, foreign inflows

The Gift Nifty futures were trading at 26,050 points

Published 11 Feb, 2026 07:55am

Bullion Rate

Gold, silver climb as US yields fall on softer retail sales

Spot gold was 0.7% higher at $5,057.23 per ounce
- US gold futures for April delivery gained 1% to $5,081.40 per ounce

Updated 11 Feb, 2026 10:22am

Energy

Oil rises 2% on US–Iran tensions, improved demand

Brent crude oil futures were up $1.52, or 2.2%, at $70.32 a barrel

Updated 11 Feb, 2026 07:01pm

Business & Finance

PRA notifies appointments, transfers

LAHORE: Punjab Revenue Authority (PRA) Chairman Moazzam Iqbal Sipra has issued orders for large-scale appointments...