Public News Channel Business Recorder
Public News Channel-
Business Recorder
Govt ‘likely’ to present FY2026-27 budget on Friday, says minister
The government is ‘likely’ to announce the federal budget for the fiscal year 2026-27 in the parliament on June 12 (Friday), said Parliamentary Affairs Minister Tariq Fazal Chaudhry on Tuesday. In a post on the social media platform X, the ministe…
#FederalBudget #Budget2026
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Business Recorder
‘We won’t sit Idle’: Pakistan vows self-defence against terrorist attacks from Afghanistan
Pakistan has told the UN Security Council that the Tehreek-i-Taliban Pakistan (TTP) and other terror factions continue to operate with impunity from Afghan soil, warning that Islamabad would respond to any attacks in self-defence whenever needed. …
#Defense #CounterTerrorism
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Business Recorder
South Korean shares rebound more than 8% as chipmakers jump
SEOUL: Round-up of South Korean financial markets: South Korean shares rebounded sharply on Tuesday, recovering after the previous session’s steep losses, as investors snapped up beaten-down technology stocks following the market’s sharpest one-da…
#StockMarket #SouthKorea
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Business Recorder
Japan rubber futures fall on higher supply expectation, weaker yen curbs downside
Japanese rubber futures fell for a second straight session on Tuesday on expectation of higher supply, though a weaker yen limited the downside. The Osaka Exchange (OSE) rubber contract for November delivery slipped 0.7 yen, or 0.16%, to close at …
#Economy #JapanMarket
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Business Recorder
India explores Russian coking coal assets, more nickel supplies, sources say
NEW DELHI/MOSCOW: India’s state-owned Steel Authority of India (SAIL) and NMDC Ltd are exploring acquisitions of coking coal assets in Russia as New Delhi seeks to secure supplies of critical raw materials, Indian sources said. The world’s biggest…
#India #Economy
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Business Recorder
Saudi contractor MGC calls off up to $800 million IPO despite strong demand
DUBAI: Saudi Arabia’s Mutlaq Al-Ghowairi Contracting Company has decided not to proceed with a planned initial public offering in Riyadh, an adviser said on Tuesday, in a deal that could have raised up to around $800 million and been one of the fi…
#IPO #SaudiEconomy
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Business Recorder
CDF Munir vows to expand defence collaboration with Lebanese Armed Forces
Chief of Army Staff and Chief of Defence Forces (CDF) Field Marshal Syed Asim Munir has underscored Pakistan Army’s commitment to expanding defence collaboration with the Lebanese Armed Forces, the military’s media wing said. He made the remarks d…
#AsimMunir #Lebanon #Defense
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Business Recorder
Saudi PIF assets reach $910bn in 2025, below Vision 2030 target
DUBAI: Saudi Arabia’s Public Investment Fund had preliminary assets under management of $910 billion at the end of 2025, below its $1.09 trillion target, according to the Vision 2030 report released on Tuesday. Saudi PIF to unveil new 2026–2030 st…
#SaudiArabia #Vision2030 #Economy
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Business Recorder
Japan’s Nikkei ends higher as chip-related heavyweights jump
TOKYO: Japan’s Nikkei share average ended higher on Tuesday, as chip-related heavyweights recovered from heavy losses in the previous session. The Nikkei closed up 2.17% at 65,416.63. The index fell 3.85% on Monday, its largest one-day loss in thr…
#Japan #Nikkei #StockMarket
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Business Recorder
European shares steady; Middle East tensions in focus
European shares were steady at open as the developments in the Middle East stayed in focus, with oil prices easing after Iran and Israel halted attacks on U.S. President Donald Trump’s appeal. The pan-European STOXX 600 index edged 0.1% higher to …
#Europe #StockMarket #MiddleEastTension
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