Business Recorder

UN urges Afghan Taliban to end arrests of women over dress rules

KABUL: The United Nations mission in Afghanistan has expressed concern over the arrest and detention of women in a western province for allegedly failing to comply with “dress requirements” and urged Taliban authorities to treat all people equally…

#Taliban #UN

Business Recorder

Israel hits Iran petrochemical plant in new strikes after Trump reprimand

JERUSALEM/DUBAI/NEW BRUNSWICK, NEW JERSEY: Israel said on Monday it hit a petrochemical plant in Iran’s southwest, along with strikes elsewhere on military targets, after U.S. President Donald Trump reportedly told Israeli Prime Minister Benjamin …

#Israel #DonaldTrump

Business Recorder

Major Gulf markets drop amid fresh Middle East tensions

Stock markets in the United Arab Emirates declined in early Monday trading as renewed conflict in the Middle East dampened investor sentiment. Explosions were reported in Tehran, Tabriz and Isfahan early on Monday, according to local media, cloudi…

#GulfCountries #MiddleEast

Business Recorder

Gold price drops by Rs3,094 per tola in Pakistan

Gold prices in Pakistan decreased on Monday in line with their loss in the international market. In the local market, gold price per tola reached Rs452,222 after a decline of Rs3,094 during the day. Similarly, 10-gram gold was sold at Rs386,987 af…

#GoldPrice #Economy

Business Recorder

New Zealand stocks hit near two-week low tracking global peers

New Zealand shares fell to a near two-week low on Monday following a broader sell-off in Asian markets, as hot U.S. jobs data last week stoked fears of a Federal Reserve interest rate hike and investors pulled out of AI-linked stocks. The benchmar…

#NewZealand #Stocks

Business Recorder

Japan’s Nikkei slumps, yen trades above 160 level on tech, Gulf concerns

TOKYO: Japan’s Nikkei share average sank by the most in three months while the yen traded above 160 per dollar on Monday on renewed concerns about technology valuations and a flare-up in Middle East hostilities. The benchmark Nikkei 225 Index drop…

#Nikkei #Yen #GulfCountries

Business Recorder

South Korea’s KOSPI craters over 8% as Fed fears spark tech rout

SEOUL: South Korea’s stock benchmark plunged over 8% on Monday, tripping circuit breakers, after robust U.S. jobs data lifted bets on a Federal Reserve rate hike and unleashed a selloff in the tech-heavy market that had powered the broader AI rall…

#KOSPI #SouthKorea

Business Recorder

SECP eases licensing process for cos with foreign sponsors

In a bid to improve Pakistan’s investment climate, the Securities and Exchange Commission of Pakistan (SECP) has streamlined the licensing process for companies with foreign sponsors by removing the requirement of prior security clearance for fore…

#SECP #ForeignInvestment

Business Recorder

Europe’s STOXX 600 hits two-week low on Mideast escalation, AI jitters

Europe’s STOXX 600 share index slid to a two-week low on Monday, weighed by escalating tensions in the Middle East and a global selloff in AI stocks, while Italian lender Monte dei Paschi di Siena jumped after a takeover bid from rival Intesa Sanp…

#STOXX600 #MideastEscalation

Business Recorder

Karachi to experience severe heatwave as mercury likely to hit 42°C

The Pakistan Meteorological Department (PMD) has issued a severe weather alert as scorching heatwave conditions are set to grip most parts of Sindh from Monday (today) to Friday, pushing temperatures as high as 51°C in upper districts of the provi…

#Karachi #WeatherAlert