Latest News on Business, Finance and Markets from Pakistan

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News

Brecorder
brecorder.com > news > 40/43/9161 > market-expects-status-quo-as-mpc-meets-today

Market expects status quo as MPC meets today

1+ hour, 44+ min ago   (438+ words) The State Bank of Pakistan's Monetary Policy Committee is widely expected to maintain the policy rate at 11.5% today, balancing inflation concerns with improving external buffers. The State Bank of Pakistan (SBP) Monetary Policy Committee (MPC) is expected to meet today…...

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brecorder.com > news > 40/43/9368 > revival-of-industries-pakistan-needs-intelligent-initiatives

Revival of industries: ‘Pakistan needs intelligent initiatives’

4+ hour, 4+ min ago   (531+ words) KARACHI: Ateeq-ur-Rehman Economic and Financial Analyst has said that Pakistan need intelligent initiatives, plan and targets for revival of our shrinking industries, declining manufacturing and enormously expanding the trade gaps almost with every country in the world, also. The following…...

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brecorder.com > news > 40/43/9372 > oil-prices-jump-more-than-2-after-new-strikes-on-saudi-strait-of-hormuz

Oil prices jump more than 2% after new strikes on Saudi, Strait of Hormuz

4+ hour, 4+ min ago   (431+ words) Oil prices surged over 2% due to Houthi strikes, Iranian attacks on ships, and the closure of a key Saudi pipeline, intensifying global supply concerns. BEIJING: Oil prices jumped more than 2% on Monday, after new Houthi strikes on Saudi Arabia and…...

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brecorder.com > news > amp > 40439310

The GSP+ dividend: exports and employment

6+ hour, 49+ min ago   (669+ words) Today, as the current scheme approaches its conclusion, these exports stand at US$6.304 billion—more than 7 percent above the projected level. This export performance has also supported a substantial employment footprint. A 2017 ILO study estimated that approximately 4.2 million workers were…...

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brecorder.com > news > amp > 40439337

Arif Saeed elected to ISSA Executive Board

6+ hour, 49+ min ago   (152+ words) Business Recorder KARACHI: Arif Saeed, President, Pakistan Olympic Association and President, South Asian Olympic Council, has been elected to the Executive Board of the Islamic Solidarity Sports Association (ISSA) as Regional Representative for Asia and Europe for the 2026–2029 term, further…...

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brecorder.com > news > amp > 40439319

Wall Street Week Ahead: Investors brace for possible rate hike at uncertain Fed meeting

6+ hour, 49+ min ago   (498+ words) NEW YORK: Investors head into next week’s Federal Reserve meeting bracing for the central bank to raise interest rates, a move that could threaten a US stock market rally already showing some vulnerability to rising bond yields. For years, inflation…...

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brecorder.com > news > amp > 40439333

Jam Kamal visits Hong Kong GCC

6+ hour, 49+ min ago   (295+ words) ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan visited the Hong Kong General Chamber of Commerce, where he met its Chairman and leading business representatives to discuss stronger business-to-business linkages, trade, investment and economic cooperation between Pakistan and Hong Kong....

Brecorder
brecorder.com > news > 40/43/9358 > pd-proposes-rs75bn-fuel-relief-scheme

PD proposes Rs75bn fuel relief scheme

6+ hour, 49+ min ago   (837+ words) ISLAMABAD: The Petroleum Division has proposed a Rs75 billion Fuel Relief Scheme for three months to provide targeted relief of Rs100 per litre to around 11.8 million users of two-wheelers, three-wheelers and cars up to 800cc amid a sharp increase in petroleum prices triggered…...

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brecorder.com > news > 40439294

Ahead of Fed meeting, Trump says US should have world's lowest interest rate

14+ hour, 7+ min ago   (341+ words) President Trump asserted the US should have the world's lowest interest rates, pressuring the Federal Reserve ahead of its policy meeting despite inflation data suggesting a rate hike. DOONBEG: No country should have lower interest rates than the US, President…...

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brecorder.com > news > 40/43/9296 > fuel-relief-scheme-how-to-get-rs100litre-petrol-subsidy

Fuel relief scheme: How to get Rs100/litre petrol subsidy?

12+ hour, 46+ min ago   (49+ words) - Owners of vehicles with engines of up to 800cc will also be eligible...