Public News Channel Business Recorder
Public News Channel-
Business Recorder
Dollar clings to 2-month high as Gulf hostilities flare, yen wobbles near intervention zone
HONG KONG: The dollar clung to its recent strength near a two-month high on Thursday as fresh Gulf hostilities sent oil prices higher and sapped risk appetite, while the Japanese yen hovered near the key 160 level that kept traders on intervention…
#Dollar #GulfCountries
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Business Recorder
Oil falls as Lebanon and Israel agree on a ceasefire
BEIJING/PERTH: Oil prices fell on Thursday as a ceasefire deal between Israel and Lebanon boosted hopes for a broader agreement to end the US-Israeli war with Iran that could lead to a reopening of the Strait of Hormuz. Brent futures were down 87 …
#Oil #LebanonIsrael #Ceasefire
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Business Recorder
Buying observed at PSX, benchmark index up nearly 1,000 points
Buying returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining nearly 1,000 points during the opening minutes of trading on Thursday. At 9:45am, the benchmark index was hovering at 171,181.56, up by 990.92 points or…
#PSX #StockMarket
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Business Recorder
18 foreign nationals among 21 killed in Delhi hotel fire
NEW DELHI: At least 21 people, including 18 foreign nationals, were killed in a fire at a hotel in Delhi on Wednesday, police and broadcaster CNN-News18 said, in one of the worst such incidents in the national capital since 2022. The dead included…
#Delhi
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Business Recorder
Tobacco consumption declines: survey
ISLAMABAD: Overall tobacco consumption in Pakistan has recorded a decline of 15.7 percent between 2014 and 2024, said a survey conducted by the government of Pakistan in collaboration with the World Health Organization (WHO)and the CDC Foundation….
#PublicWelfare
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Business Recorder
Petition against IMF loan dismissed
LAHORE: The Lahore High Court (LHC) on Wednesday dismissed a petition of bar member, Talib Hussain, challenging the loan agreement with the International Monetary Fund (IMF). The petitioner argued that Pakistani citizens had not obtained any loan …
#FBR
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Business Recorder
ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry here on Wednesday said Pakistan’s maritime sector offered significant investment opportunities in ports, logistics, blue economy initiatives and related infrastructure…
#Economy
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Business Recorder
JI chief demands sweeping economic reforms
ISLAMABAD: Jamaat-e-Islami (JI) Pakistan Chief Hafiz Naeemur Rehman, on Wednesday, called for sweeping economic reforms, including income tax relief for salaried individuals, substantial reductions in electricity, gas, and fuel prices, and the ter…
#Economy
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Business Recorder
‘Maryam Nawaz Sharif Sports City’ planned
LAHORE: Punjab Minister for Sports and Youth Affairs Malik Faisal Ayub Khokhar chaired a high-level meeting on Wednesday, to review plans for the establishment of a state-of-the-art Maryam Nawaz Sharif Sports City, a landmark project aimed at tran…
#MaryamNawazSharif
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Business Recorder
100-motorcycle squad to monitor water filtration plants
LAHORE: In a bid to ensure uninterrupted access to safe drinking water, the Punjab Saaf Pani Authority has announced a major operational upgrade, including the deployment of a 100-motorcycle monitoring squad and an enhanced geo-tagged complaint sy…
#PublicWelfare
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