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Latest News on Business, Finance and Markets from Pakistan
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News
Anxious French consumers cut back as election, budget battles loom
13+ hour, 40+ min ago (253+ words) PARIS: A cash-strapped customer split an entrecôte steak with a companion the other day at David Zenouda’s Paris restaurant while others increasingly share starters, skip wine at lunch or opt only for a main course. It’s a sign of the…...
India???s markets regulator proposes revamp of derivatives expiry pricing
13+ hour, 40+ min ago (305+ words) MUMBAI: India’s markets regulator proposed on Saturday a review of how settlement prices for index and stock derivatives are determined on expiry day. The plans were unveiled in a consultation paper laying out changes to the newly launched Closing Auction…...
Copper on track for first weekly dip since June on US tariff doubts
13+ hour, 40+ min ago (333+ words) LONDON: Copper prices were headed for their first weekly drop since June, even as they steadied on Friday following a steep fall in the previous session after Reuters reported that the White House had not made a decision on imposing…...
Austrian economic outlook improving
13+ hour, 40+ min ago (198+ words) Business Recorder VIENNA: Austria’s central bank has trimmed its economic growth forecast for the country in 2026 due to a weaker-than-expected first six months of the year, but raised it for next year as the outlook is improving, it said on…...
India???s FX reserves surge
13+ hour, 40+ min ago (286+ words) MUMBAI: India’s FX reserves climbed to a record high of USD785.7 billion in the week to September 4, central bank data showed on Friday, lifted by a wave of inflows under policy measures to strengthen the country’s balance of payments. India’s FX…...
Japanese rubber extends losses as funds take profits after short squeeze
13+ hour, 40+ min ago (208+ words) SHANGHAI: Japanese rubber futures fell for a third consecutive session on Friday on profit-taking after a short squeeze and arbitrage-driven rally this week, although the contract still posted a weekly gain as higher oil prices capped losses. The Osaka Exchange…...
PM defends decision to export imported sugar
13+ hour, 40+ min ago (1042+ words) The Prime Minister defended exporting 108,000 MT of imported sugar to prevent financial losses from its approaching expiry, despite earlier imports to stabilize domestic prices. ISLAMABAD: Prime Minister Shehbaz Sharif has defended the government’s decision to export around 108,000 metric tonnes (MT)…...
French economy not in danger but deficit must be cut, central bank chief says
13+ hour, 40+ min ago (123+ words) Business Recorder PARIS: French central bank chief Emmanuel Moulin said on Friday that France was not in catastrophic economic danger but the government must act to reduce the country’s public deficit. Moulin was speaking after INSEE revised its economic forecast…...
German corporate insolvencies hit 13-year high
13+ hour, 40+ min ago (128+ words) Business Recorder BERLIN: The number of corporate insolvencies in Germany rose to a 13-year high in the first half of 2026 despite signs of a nascent recovery in Europe’s largest economy, figures from the federal statistics office showed on Friday. Local…...
Speculators turn net long on yen for first time since February
6+ hour ago (200+ words) Speculators have turned net long on the yen for the first time since February, signaling growing confidence in the currency amidst expectations of Bank of Japan rate hikes. TOKYO: Speculators turned to a net long position on the yen for…...