Business Recorder
Public News Channel-
Business Recorder
Rupee registers gain against US dollar
The Pakistani rupee gained against the US dollar, appreciating 0.01% in the inter-bank market on Tuesday. At close, the local currency settled at 278.37, a gain of Re0.03 against the greenback. On Monday , the local unit closed at 278.40. Meanwhil…
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Business Recorder
Palm falls to two-week low on weak export demand
KUALA LUMPUR: Malaysian palm oil futures closed at their lowest level in two weeks on Tuesday,reversing gains in the previous session, as sluggish export demand continued to weigh on the market. The benchmark palm oil contract for August delivery …
#OilPrices
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Business Recorder
Indian rupee gains as oil retreat soothes, inflow expectations erode weakening bias
MUMBAI: The Indian rupee closed stronger on Tuesday on a fall in oil prices, with expectations that regulatory measures will help India narrow its balance of payments deficit chipping away at the currency’s bias towards persistent weakness. The In…
#OilPrices
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Business Recorder
Pakistan plans to join INSTC, eyes Gwadar link with Russia
Pakistan plans to join the International North-South Transport Corridor (INSTC), with Russia backing a link between the trade route and Gwadar Port as both countries move to deepen economic and strategic cooperation through a new partnership frame…
#INSTC #Gwadar #Russia
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Business Recorder
Pakistan plans coastal sports academies under blue economy vision
Pakistan plans to establish coastal sports academies and cricket training centres under its blue economy vision, with the Maritime Affairs Ministry and former Pakistan cricket captain Shahid Afridi exploring a partnership to promote youth developm…
#Pakistan #SportsAcademies #BlueEconomy
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Business Recorder
China stocks rebound as chipmaker selloff lures bargain hunters; Hong Kong steady
SHANGHAI: China stocks bounced on Tuesday, while Hong Kong shares steadied, as bargain hunters pounced on battered chipmakers following Monday’s rout, with sentiment supported by an overnight rebound on Wall Street. The large-cap CSI300 Index rose…
#ChinaStocks #Chipmaker #HongKong
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Business Recorder
Somali soccer referee denied US entry, will miss World Cup debut
The United States has denied entry to soccer referee Omar Abdulkadir Artan, who had been expected to be the first Somali to officiate at a match in the World Cup. A FIFA spokesperson said Artan would not be able to train and officiate at the World…
#SomaliSoccer #WorldCup
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Business Recorder
Emirates will not cut flights despite Middle East war pressures
BERLIN: Emirates has no plans to cut capacity despite financial pressures from the war in the Middle East, its president Tim Clark said on Tuesday, as the airline presses for Berlin traffic rights. The airline continues to route passengers through…
#Emirates #MiddleEastWar
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Business Recorder
Shakarganj Limited appoints CEO, chairman
Shakarganj Limited (SML) announced on Tuesday key appointments in the company. The information was disclosed in a notice to the Pakistan Stock Exchange today. “The Board of Directors of the Company, in its meeting held on 9 June 2026, has appointe…
#ShakarganjLimited #CEO
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Business Recorder
Gold per tola gains Rs2,830 in Pakistan
Gold prices in Pakistan increased on Tuesday in line with their gain in the international market. In the local market, gold price per tola reached Rs455,063 after a gain of Rs2,830 during the day. Similarly, 10-gram gold was sold at Rs389,534 afte…
#GoldPrices
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