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

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Markets

Govt further decreases petrol price by Rs3, diesel's by Rs7 per litre

New prices effective for Thursday, November 12

Published 11 Nov, 2026 11:03pm

Markets

Pakistan’s auto policy: what we know so far

Adviser to the Prime Minister on Industries and Production Haroon Akhtar Khan said the Autos and Auto Parts...

Published 11 Nov, 2026 10:49pm

Technology

Pakistan’s fixed broadband operators fall short of PTA quality benchmarks

Pakistan’s fixed broadband networks continue to suffer from quality-of-service deficiencies, with inadequate upload...

Published 11 Nov, 2026 10:15pm

Markets

Govt reviews proposed EFS amendments to facilitate exporters

Proposed changes aim to reduce export-related overheads, encourage new investment and local value addition

Published 11 Nov, 2026 08:26pm

Stocks

Gulf markets rise as investors assess Iran war, shipping risks

Saudi Arabia’s benchmark index reversed early losses to close 1.4% higher

Published 11 Nov, 2026 06:50pm

Energy

Saudi Arabia leads further jump in OPEC+ oil output despite war

Riyadh boosted oil output in October to its highest since February, a significant move for global oil supply

Published 11 Nov, 2026 06:18pm

Stocks

Sri Lankan shares snap six-session winning streak as financials drag

CSE All-Share index settled 0.41% lower at 22,032.93 points

Published 11 Nov, 2026 05:21pm

Exchange

Rupee registers gain against US dollar

Currency settles at 276.62 against greenback

Updated 11 Nov, 2026 07:55pm

Commodities

Copper snaps back as AI worries fade, shortages persist in China

Benchmark three month copper on the London Metal Exchange gained 1% to $13,796 a metric ton

Published 11 Nov, 2026 04:05pm

Commodities

Gold price per tola drops Rs3,400 in Pakistan

International rate of gold declines by $34 to reach $4,049 per ounce

Updated 11 Nov, 2026 08:06pm

Commodities

Palm climbs over 3% on firmer soyoil, softer stock build

Dalian’s most-active soyoil contract rose 1.15%

Published 11 Nov, 2026 03:41pm

Forex

Indian rupee touches strongest since April as foreign inflows offset firm dollar

Indian rupee ended at 93.69 per dollar

Published 11 Nov, 2026 03:36pm

Stocks

Indian shares rise on foreign flow optimism; financials, autos lead

Nifty 50 rose 0.84% to 25,255.05 and the Sensex gained 0.95% to 81,879.4

Published 11 Nov, 2026 03:33pm

Companies

AdalFi partners with Network International to bring cash-flow lending to the Middle East and Africa

AdalFi, set to be PSX's first listed fintech, partners with Network International to bring cash-flow lending to banks across the Middle East and Africa.

Published 11 Nov, 2026 03:12pm

Companies

Pearl Continental owner in major shake-up as Thatta Cement, Fauji Foundation ink deal

The agreement is subject to requisite approvals

Published 11 Nov, 2026 02:44pm

Markets

Chinese university bought Nvidia H200 chips despite US blacklist

The findings come as Nvidia and its CEO Jensen Huang face mounting scrutiny in Washington

Published 11 Nov, 2026 02:18pm

Markets

ADB approves $500mn funding to strengthen Pakistan's disaster resilience

The program also strengthens Pakistan’s disaster risk financing framework, ADB

Updated 11 Nov, 2026 06:04pm

Energy

PPL plans $40mn deep drilling at Sui: report

The company is also advancing infrastructure projects to bring additional gas into the system

Published 11 Nov, 2026 01:41pm

Markets

Lamborghini says Middle East deliveries have returned to normal

In April, Lamborghini had said that the conflict in the Middle East had forced a complete stop to sales and deliveries in the region

Published 11 Nov, 2026 01:15pm

Companies

Pakistan’s premium robo advisor, Tijori Robo Investing, launched for stock market investors

Shaikha Robo Securities (Pvt.) Ltd., an SECP-licensed Securities Advisor, has launched Tijori Robo Investing, a...

Published 11 Nov, 2026 12:53pm

Commodities

Palm gains over 2% on firmer soyoil, softer stock build

Palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange gained 107 ringgit, or 2.51%, to 4,363 ringgit a metric ton

Published 11 Nov, 2026 12:27pm

Mutual Funds

India bonds slips as Treasury rout offsets oil slide

The benchmark 6.94% 2036 bond yield rose around 5 basis points from Monday’s close to 7.2005%

Published 11 Nov, 2026 12:23pm

Markets

Kenya central bank to hold next interest rate-setting meeting on December 9

At its last monetary policy meeting in October, the bank maintained its benchmark lending rate at 8.75%

Published 11 Nov, 2026 12:00pm

Stocks

China, Hong Kong shares ease as global rate concerns weigh

The Shanghai Composite index was down 0.2% at 3,654.95 and the blue-chip CSI300 index was down 0.3%

Published 11 Nov, 2026 11:53am

Forex

Yuan holds steady as PBOC eases guidance, dollar firms

Its offshore counterpart traded at 6.6736 per dollar, up about 0.04% in Asian trade

Published 11 Nov, 2026 11:46am

Forex

Soft sentiment surveys sink Aussie dollar to seven-month low

The kiwi dollar has gained this week and held up relatively better overnight

Published 11 Nov, 2026 11:40am

Stocks

Australian shares tick down as miners slip, banks limit losses

The S&P/ASX 200 lost 0.1% to hit 9,118.60

Published 11 Nov, 2026 11:38am

Commodities

Soybeans dip as market weighs tighter US stocks against broader supply outlook

The most-traded soybean contract on the Chicago Board of Trade was down 0.3% at $12.24-1/4 a bushel

Published 11 Nov, 2026 11:36am

Markets

Cathay Pacific orders 14 Airbus aircrafts to expand its fleet

The new planes come with improved fuel efficiency and are expected to be delivered between 2031 and 2035

Published 11 Nov, 2026 11:30am

Stocks

Japan's Nikkei rises for third day as data, earnings fuel AI optimism

The benchmark Nikkei 225 advanced 0.80% to 60,942.48 as of the midday break

Published 11 Nov, 2026 11:13am

Bullion Rate

Gold edges higher after sharp selloff, Fed hike bets weigh

Spot gold was up 0.3% at $4,043.62 per ounce

Published 11 Nov, 2026 11:11am

Stocks

PSX: KSE-100 sheds 250 points points as late-session selling erases intra-day gains

Benchmark index settles at 179,083.80

Updated 11 Nov, 2026 06:26pm

Energy

OGDCL discovers hydrocarbon reserves in Sindh's Khairpur

The well yielded 12.8 million standard cubic feet per day (MMSCFD) of gas and 175 barrels of condensate per day

Published 11 Nov, 2026 09:38am

Forex

Oil relief to revive rupee rally, US yields surge could act as brake

The rupee is expected to open in the 93.70 to 93.74 range, per traders, having settled at 93.93275 to the dollar on Monday

Published 11 Nov, 2026 08:07am

Forex

Dollar gains traction as Fed speakers warn of risks from inflation

The US dollar index , which measures the greenback's strength against a basket of six currencies

Published 11 Nov, 2026 07:58am

Stocks

Bonds reel as hot inflation fuels jumbo Fed hike fears

In Asia, MSCI's broadest index of Asia-Pacific shares rose 0.2%

Published 11 Nov, 2026 07:53am

Stocks

Indian stocks poised for higher open on softer crude, robust foreign buying

GIFT ‌Nifty futures were at 25,334

Published 11 Nov, 2026 07:49am

Energy

Oil up 1% after Iran says no nuclear material will leave the country

Brent futures were up $1.22, or 1.3%, at $92.71 a barrel

Updated 11 Nov, 2026 09:29pm

Money & Banking

HBL elevates client experience with launch of Visa Infinite CreditCard

KARACHI: HBL has launched the HBL Visa Infinite CreditCard, an exclusive new offering designed for the bank’s most...