News Archives for Business & Finance - 2026-02-12

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Business & Finance - 2026-02-12

Energy

India will buy US LNG if offered at reasonable price, Petronet CEO says

Bilateral trade was $132 billion in 2024-2025, with a roughly $41 billion surplus in India’s favour

Published 12 Feb, 2026 08:16pm

Business & Finance

SBP-held foreign reserves rise to $16.18bn

Total liquid foreign reserves stand at at $21.38 billion as of February 6

Published 12 Feb, 2026 08:06pm

Commodities

Asia rice: India prices steady near one-month high on better demand

India’s 5% broken parboiled variety was quoted at $353-$359 per metric ton

Published 12 Feb, 2026 07:34pm

Business & Finance

Emerging economies must have greater say in global governance, says finance minister

The finance minister stresses the need for coordinated policy responses amid rising geopolitical tensions

Published 12 Feb, 2026 07:27pm

Financial

India bonds rise on short covering after inflation data

The 10-year 6.48% 2035 bond yield settled at 6.6833%

Published 12 Feb, 2026 07:24pm

Markets

Record seizures of illicit cigarettes made this year: Aurangzeb

Finance minister meets delegation of British American Tobacco

Published 12 Feb, 2026 07:21pm

Companies

MoltyHome: scaling Pakistan’s home furniture industry through strategic partnerships

Pakistan’s home furniture market is undergoing a structural shift, driven by urbanization, changing lifestyles, and...

Published 12 Feb, 2026 07:20pm

Stocks

Most Gulf bourses gain on upbeat earnings

Saudi Arabia’s benchmark index advanced 0.8%

Published 12 Feb, 2026 07:18pm

Markets

McDonald’s India outlet gets regulatory warning over rotten tomatoes, reused oil

McDonald’s was issued a warning and given 14 days to fix its practices at the outlet or face further 'strict' action

Published 12 Feb, 2026 06:33pm

Stocks

Sri Lankan shares settle lower, dragged by IT and communication services

CSE All-Share index fell 3.2% to 23,652.51

Published 12 Feb, 2026 06:23pm

Pakistan

Pakistan, US agree to bolster counterterrorism ties, investment in energy, minerals

Interior minister assures American investors to be provided with safest possible environment

Published 12 Feb, 2026 06:02pm

Companies

Hindalco posts 45% fall in quarterly profit on higher costs

Hindalco said the fire at Novelis would hit its 2026 cash flow by $1.3 billion to $1.6 billion

Published 12 Feb, 2026 05:58pm

Forex

Corporate dollar bids erode Indian rupee bounce, shorts deterred by intervention

Indian rupee closed at 90.59 per dollar

Published 12 Feb, 2026 05:40pm

Business & Finance

SECP registers 3,881 new companies in January

The newly incorporated companies bring in a cumulative paid-up capital of Rs8.4 billion during the month

Published 12 Feb, 2026 05:33pm

Business & Finance

PM Shehbaz invites Turkish investment into Pakistan’s agriculture sector

Premier meets four-member delegation from Türkiye’s Agricultural Technologies Cluster

Updated 12 Feb, 2026 05:35pm

Commodities

Palm ends lower on firmer ringgit, weaker Dalian market

Benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange fell 24 ringgit

Published 12 Feb, 2026 04:22pm

Stocks

Indian shares decline as AI fears intensify IT selloff

Nifty 50 fell 0.57% to 25,807.2 and the BSE Sensex shed 0.66% to 83,674.92

Published 12 Feb, 2026 04:19pm

Markets

India’s January retail inflation at 2.75% in first print under new data series

Food price inflation was at 2.13% year-on-year in January

Published 12 Feb, 2026 04:17pm

Energy

Solar subsidy mirage: Bridging the “distributed divide” for 35mn grid users

A systemic analysis of Arzachel’s report reveals that this shift is a survival mandate for the national grid

Published 12 Feb, 2026 01:59pm

Business & Finance

Cambodia seeks to expand digital, technology cooperation with Pakistan

Delegation was also given a detailed presentation on projects in artificial intelligence, semiconductor design, and smart city technologies

Published 12 Feb, 2026 01:24pm

Markets

A year on from DeepSeek shock, get set for flurry of low-cost Chinese AI models

Alibaba’s Qwen chatbot has recently experimented with enabling users to purchase goods directly through conversational prompts

Published 12 Feb, 2026 01:15pm

Markets

Nissan posts 44% drop in quarterly operating profit

The results compared with an average estimate of an 81 billion yen loss in a survey of six analysts by LSEG and a 31.1 billion yen profit

Published 12 Feb, 2026 01:12pm

Money & Banking

Pakistan banks cut ERF rate by 3%, bring export financing down to 4.5%

The initiative is currently subject to the existing ERF limit of Rs1,052 billion

Published 12 Feb, 2026 01:08pm

Markets

SoftBank rides AI boom to post $1.6 billion net profit

The firm, a major backer of ChatGPT-maker OpenAI, logged net profit of 248.6 billion yen

Published 12 Feb, 2026 12:52pm

Financial

Gold price per tola remains stable in Pakistan

Sold at Rs528,562 during the day

Updated 12 Feb, 2026 05:16pm

Energy

Saudi March crude oil supply to China to rise to multi-year high, sources say

State oil company Saudi Aramco will ship at least 53 million barrels to China in March, or about 1.71 million barrels per day (bpd)

Published 12 Feb, 2026 12:24pm

Markets

Unilever’s India unit posts lower profit on higher expenses, labour code charge

The company took a one-time charge of more than 1 billion rupees tied to the country's new labour codes

Published 12 Feb, 2026 12:23pm

Commodities

Iron ore rises with sentiment lifted by China’s fiscal support promise, nickel rally

The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) traded 0.33% higher at 766 yuan a metric ton

Published 12 Feb, 2026 12:21pm

Forex

Thai baht/US dollar steady on Thursday

The baht was 0.04% higher at 31.01 versus the dollar, after trading in a range of 31.010 to 31.090

Published 12 Feb, 2026 12:19pm

Mutual Funds

Long-term bonds lead JGB rally on PM Takaichi’s ‘responsible’ stimulus pledge

The 30-year yield sank 7.5 bps to 3.05%

Published 12 Feb, 2026 12:18pm

Forex

China’s yuan firms past 6.9 per dollar for first time in 33 months

The onshore yuan rose to 6.8998 per dollar and its offshore counterpart to 6.8966

Published 12 Feb, 2026 12:09pm

Stocks

China stocks edge higher on AI optimism; HK down on tech drag

Hong Kong’s benchmark Hang Seng was down nearly 1%

Published 12 Feb, 2026 12:05pm

Markets

Toyota group firm extends Toyota Industries tender offer to boost buyout’s chances

Shares of Toyota Industries rose after the disclosure, briefly rising as high as 20,000 yen, up from around 19,400 yen before

Published 12 Feb, 2026 11:56am

Markets

Economy to grow up to 4.75% in FY26, says SBP chief

Jameel Ahmad says Pakistan regained macroeconomic stability and moving towards sustainable growth

Updated 12 Feb, 2026 06:09pm

Energy

Adani Power sets up nuclear-focussed unit after India moves to open up guarded sector

Adani Atomic Energy Ltd, will generate, transmit and distribute electric power derived from nuclear energy sources, the company said

Published 12 Feb, 2026 11:51am

Markets

Mercedes 2025 earnings more than halve in year rocked by tariffs, China woes

The company generated revenue of 132.2 billion euros, down 9% year on year and slightly below the forecast 134 billion euros

Published 12 Feb, 2026 11:41am

Mutual Funds

India bonds dip as US yields rise; inflation data awaited

The 10-year 6.48% 2035 bond yield was at 6.7258%

Published 12 Feb, 2026 11:35am

Forex

Indian rupee bias mildly on upside after limited impact from US payroll surprise

The 1-month non-deliverable forward indicated the rupee will open in the 90.66-90.70 range versus the US dollar

Published 12 Feb, 2026 11:33am

Commodities

Soybeans extend gains on Brazil weather concerns, China demand optimism

The most-active soybean contract on the Chicago Board of Trade (CBOT) Sv1 rose 1% to $11.35 a bushel

Published 12 Feb, 2026 10:58am

Commodities

Palm falls on weaker Dalian palm olein futures, ringgit strength

The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange fell 13 ringgit, or 0.32%, to 4,048 ringgit

Published 12 Feb, 2026 10:55am

Forex

Australian dollar makes broad gains as yield spreads fatten

The Aussie rose 0.3% to a fresh three-year high of $0.7146, having already added 0.7% overnight

Published 12 Feb, 2026 10:54am

Stocks

Australian shares linger around record high; AMP slumps 28%

The S&P/ASX 200 index rose 0.4% to 9,049.80

Published 12 Feb, 2026 10:51am

Stocks

Japan’s Nikkei surges past 58,000 for first time as Takaichi trade rally continues

The broader Topix climbed 0.3% to 3,866.88. So far the Nikkei is up 14.5% for the year

Published 12 Feb, 2026 10:42am

Energy

Pakistan’s proposed power prices to lift inflation, help industry, analysts say

Plan could trigger 1.1 percentage point jump in inflation over 12 months

Updated 12 Feb, 2026 04:09pm

Stocks

Selling dominates bourse, KSE-100 closes over 2,500 points down

Benchmark index settles at 180,512.64

Updated 12 Feb, 2026 05:25pm

Stocks

Asian stocks at record high, US jobs data buoys yields, dollar

The index was 0.65% higher, taking its gains in the first six weeks of the year to about 13%

Published 12 Feb, 2026 07:49am

Forex

Breakaway yen keeps dollar under the cosh

Against the dollar, the yen traded as strong as 152.55 on Wednesday, before steadying slightly below that at 153.05 per dollar on Thursday

Published 12 Feb, 2026 07:44am

Stocks

Indian shares set for muted start in consolidation after recent gains

The Gift Nifty futures were trading at 25,977.5 points

Published 12 Feb, 2026 07:40am

Bullion Rate

Gold edges lower on firmer dollar after strong US jobs data

Spot gold edged 0.3% lower to $5,063.11 per ounce
US gold futures for April delivery lost 0.3% to $5,083.90 per ounce
Spot silver fell 0.8% to $83.32 per ounce
Spot platinum shed 0.8% to $2,113.79 per ounce

Updated 12 Feb, 2026 02:07pm

Energy

Oil prices edge lower as IEA reduces demand forecast

Brent crude oil futures were down 19 cents, or 0.27%, at $69.21 a barrel

Updated 12 Feb, 2026 06:06pm

Pakistan

‘CPEC must be advanced as people-centric, agri-friendly initiative’

HYDERABAD: Speakers at an international conference have stressed the need to align infrastructure expansion with...

Published 12 Feb, 2026 07:23am

Business & Finance

Haroon, Cambodian minister discuss economic ties

ISLAMABAD: Pakistan and Cambodia, while stressing the need for expanding industrial and economic cooperation, have...

Published 12 Feb, 2026 07:20am

Companies

SECP approves acquisition of stake in TPL Insurance by Jazz Int’l Holding

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved the acquisition of a controlling...