Business Recorder
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Business Recorder
26 terrorists killed in strikes on hideouts along Pak-Afghan border: Tarar
Minister for Information and Broadcasting Attaullah Tarar on Wednesday said at least 26 Indian-sponsored terrorists have been killed in precise and calibrated strikes carried out on hideouts and safe havens of masterminds and planners belonging to…
#AttaullahTarar #PakAfghanBorder
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Business Recorder
Gold price drops by Rs12,627 per tola in Pakistan
Gold prices in Pakistan decreased on Wednesday in line with their loss in the international market. In the local market, gold price per tola reached Rs442,436 after a decline of Rs12,627 during the day. Similarly, 10-gram gold was sold at Rs378,17…
#Gold #PKR #Economy
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Business Recorder
Thai baht/US dollar weaker on Wednesday
BANGKOK: The Thai baht weakened against the US dollar on Wednesday. At 0205 GMT, the baht was 0.24% lower at 32.97 versus the dollar, after trading in a range of 32.910 to 33.010. It ended the previous session at 32.885 per dollar, as per LSEG data.
#Economy
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Business Recorder
President summons National Assembly, Senate sessions on June 10
President Asif Ali Zardari has approved the summoning of sessions of both houses of parliament on June 10, according to an official statement issued on Tuesday. Under the approval, the National Assembly session will convene at 5:00pm, while the Se…
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Business Recorder
India overtaken as South Korea, Taiwan ride AI wave
BENGALURU: The Indian equity market’s sudden drop to seventh in the global market cap rankings has sent shudders through Dalal Street, with AI singled out as a decisive factor. But does blame lie solely with India’s lack of AI champions, or are th…
#India #SouthKorea #Taiwan #AIwave
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Business Recorder
ICC rates Gaddafi, Lord’s pitches as ‘unsatisfactory’
The International Cricket Council (ICC) has rated the pitches used for the third One-Day International between Pakistan and Australia at Gaddafi Stadium and the first Test between England and New Zealand at Lord’s as “unsatisfactory”, awarding one…
#Lahore #GaddafiStadium #ICC
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Business Recorder
Soldier martyred, 14 terrorists killed in Balochistan operation: ISPR
Security forces killed 14 terrorists linked to the Indian proxy group “Fitna al Hindustan” during an intelligence-based operation (IBO) in Balochistan’s Basima area, while a soldier embraced martyrdom during the exchange of fire, the military’s me…
#Balochistan #ISI
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Business Recorder
India’s gold tariff hike fuels smuggling revival, squeezes banks and refiners
MUMBAI: India’s sharp increase in gold import tariffs is fuelling a resurgence in smuggling that could exceed 100 metric tons this year, as soaring grey market margins allow smugglers to undercut banks and refiners of the precious metal, industry …
#OilPrices #Gold
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Business Recorder
Bahrain National Guard commander meets Pakistan military leadership, discusses defence cooperation
Commander of the Bahrain National Guard, H.H. General Shaikh Mohammad Bin Isa Bin Salman Al Khalifa, called on Field Marshal Syed Asim Munir at the General Headquarters (GHQ) in Rawalpindi on Tuesday, with both sides discussing regional security a…
#Bahrain #DefenseCooperation
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Business Recorder
US stocks rise as oil prices pull back
NEW YORK: Wall Street stocks bounced early Tuesday behind gains in tech shares as oil prices retreated after US President Donald Trump again said an Iran peace deal could be close. Crude prices were down more than two percent after Trump said a pe…
#WallStreet #OilPrices #FuelCrisis
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