Public News Channel Business Recorder
Public News Channel-
Business Recorder
Wall St slips as oil jumps on renewed Mideast concerns
Wall Street’s main indexes fell on Thursday as oil prices surged following a Reuters report that Iran’s Supreme Leader Ayatollah Mojtaba Khamenei ordered the country’s near-weapons-grade uranium not to be sent abroad, dimming hopes for progress in…
#Economy #MiddleEast
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Business Recorder
Indian bulk buyers shift to retail pumps for cheaper diesel, straining supplies
NEW DELHI: Industrial customers in India are increasingly buying diesel from cheaper retail outlets of state-run companies rather than the usual bulk supply points, causing shortages at the pumps in some areas, a government official said. Diesel s…
#DieselPrices #Economy
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Business Recorder
India’s markets regulator proposes changes to price discovery rules for IPO listing
India’s markets regulator on Thursday proposed changes to the price discovery mechanism for shares that are making their trading debut, aiming to address concerns over suppressed pricing during pre-open trade. The Securities and Exchange Board of …
#IPO #Economy
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Business Recorder
Asia rice: India, Vietnam see rise in export rates as demand firms
Indian and Vietnamese rice export prices edged higher this week on a slight improvement in demand, while Thai traders attributed their country’s rise in export rates to pre-arranged sales and internal factors. India’s 5% broken parboiled variety w…
#RiceExports #Economy
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Business Recorder
India bonds end volatile session lower as rate hike bets rise
MUMBAI: Indian bonds fell at the end of a volatile session on Thursday, after a media report that the central bank is weighing interest rate hikes to support the rupee raised bets of policy tightening, eclipsing softer oil prices and liquidity sup…
#India #Bonds #Economy
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Business Recorder
Prime Minister Shehbaz Sharif on Thursday hailed Pakistan’s ties with China as “steadfast” and “unmatched in the annals of history”, saying Beijing had consistently supported Islamabad through every challenge over the past 75 years. Addressing a c…
#ShehbazSharif #PakChinaFriendship
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Business Recorder
Pakistani mountaineer Salman Ateeque summits Mount Everest
Salman Ateeque, a phenomenal mountaineer, scuba diver, and paraglider, on Thursday scaled the highest mountain on the Earth, Mount Everest. This incredible achievement comes exactly one year after his magnificent ascent of Mount Manaslu (8,163m), …
#SalmanAteeq #MountEverest
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Business Recorder
Neymar suffers calf injury but expected to join Brazil camp ahead of World Cup
Neymar has suffered a minor calf injury but is expected to recover in time to join Brazil’s camp next week ahead of the World Cup starting on June 11 in the U.S., Canada and Mexico. The 34-year-old, Brazil’s all-time leading scorer, was named in t…
#Neymar #Brazil #WorldCup
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Business Recorder
Neuer named first choice for Germany’s World Cup squad after retirement reversal
FRANKFURT: Bayern Munich’s Manuel Neuer has come out of international retirement to compete in next month’s World Cup after being named on Thursday as the starting goalkeeper in Germany coach Julian Nagelsmann’s squad for the tournament. Nagelsman…
#ManuelNeuer #Germany #WorldCup
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Business Recorder
Sri Lankan shares rise on broad-based sectoral gains
Sri Lankan shares closed higher on Thursday, snapping a six-session losing streak, lifted by broad-based sectoral gains led by healthcare, energy and information technology stocks. The CSE All Share index settled up 0.21% at 21,833.77. Industrial …
#SriLanka #StockMarket #Economy
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