Business Recorder

Business Recorder

Rupee gains ground against US dollar

Rupee’s Performance Against US Dollar Since 04 March 2025 The Pakistani rupee posted marginal gain, appreciating 0.01%, against the US dollar in the inter-bank market on Friday. At close, the local currency settled at 278.52, a gain of Rs0.03 agai…

#Rupee #USdollar

Business Recorder

PM Shehbaz Sharif to embark on four-day visit to China tomorrow

Prime Minister Muhammad Shehbaz Sharif is scheduled to undertake a four-day official visit to China from May 23 to 26, the Foreign Office announced on Friday. The visit carries heightened diplomatic weight as Pakistan and China commemorate the 75t…

#ShehbazSharif #China #Diplomacy

Business Recorder

SHC bars adverse action against Security Leasing Corporation

Security Leasing Corporation Limited (SLCL) announced on Friday that the Sindh High Court had restrained all respondents from taking any adverse or coercive action against the company. This was shared in a notice to the Pakistan Stock Exchange tod…

#SHC #SecurityLeasingCorporation

Business Recorder

European shares hit over two-week highs on signs of progress in US-Iran talks

European shares rose to a more than two-week high on Friday, lifted by technology stocks with investors optimistic about signs of progress in US-Iran peace talks despite both sides remaining at odds over key issues. The pan-European STOXX 600 clim…

#StockMarket #US #Economy

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Australia’s Leckie grateful for World Cup chance after injury battle

MELBOURNE: Australia’s 2022 World Cup hero Mathew Leckie is grateful to coach Tony Popovic for giving him a chance of being selected for the tournament ​in North America following a long battle with injury. Four years ago in ‌Qatar, Leckie scored …

#Australia #WorldCup

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Tensions rise in Paris as players cut media time at French Open amid prize money row

PARIS: Tournament director Amelie Mauresmo said on Thursday she regretted the decision made by some players to limit their media obligations ​ahead of the French Open amid growing tensions over prize ‌money and player influence at the Grand Slams….

#FrenchOpen #Paris

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Gujarat still have room to improve despite top-two finish, says Rashid

Gujarat Titans qualified for the Indian Premier League playoffs for the fourth time in five seasons on Thursday with an 89-run ​win over Chennai Super Kings, but despite their top-two ‌finish spinner Rashid Khan said they still have room to improv…

#RashidKhan #IPL

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New Zealand captain Wood fit and fired up for World Cup

New Zealand captain Chris Wood says he is ​fully fit for the World Cup and his long injury battle has made him hungrier for ‌success as the All Whites look to reach the knockout phase for the first time. After undergoing surgery on his left knee i…

#WorldCup #NewZealand

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Cannes entry ‘Coward’ uncovers softer side of World War One, says director

CANNES: A ​black-and-white photo of World War One soldiers posing in sandbag skirts and shell jewellery, in ‌stark contrast to typical images of the conflict, provided the starting point for Cannes Film Festival entry “Coward,” said Belgian direct…

#Cannes #Coward

Business Recorder

Thai baht/US dollar weaker on Friday

BANGKOK: The Thai baht weakened against the US dollar on Friday. At 0154 GMT, the baht was 0.15% lower at 32.65 versus the dollar, after trading in a range of 32.595 to 32.660. It ended the previous session at 32.6 per dollar, as per LSEG data.

#US #ThaiBaht #Economy