Latest News on Business, Finance and Markets from Pakistan

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News

Brecorder
brecorder.com > news > 40/43/9210 > anxious-french-consumers-cut-back-as-election-budget-battles-loom

Anxious French consumers cut back as election, budget battles loom

21+ hour, 48+ 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…...

Brecorder
brecorder.com > news > 40/43/9279 > russian-nuclear-head-says-ukraine-attacked-fuel-trucks-endangered-zaporizhzhia-plant

Russian nuclear head says Ukraine attacked fuel trucks, endangered Zaporizhzhia plant

11+ hour, 9+ min ago   (317+ words) Russia's nuclear chief accuses Ukraine of attacking fuel trucks at the Russian-held Zaporizhzhia nuclear plant, killing two servicemen and endangering nuclear safety. The head of Russia’s state nuclear energy corporation accused Ukraine on Sunday of attacking diesel fuel trucks, killing…...

Brecorder
brecorder.com > news > amp > 40439217

French economy not in danger but deficit must be cut, central bank chief says

21+ hour, 48+ 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…...

Brecorder
brecorder.com > news > 40/43/9206 > imfs-austerity-advice

IMF???s austerity advice

21+ hour, 48+ min ago   (203+ words) IMF’s austerity advice Business Recorder This is apropos a news item titled ‘Oxfam says IMF pushed for larger austerity cuts in borrowing countries’ carried by this newspaper recently; according to which, the IMF has pushed borrowing countries to make bigger…...

Brecorder
brecorder.com > news > 40/43/9174 > sindh-decides-to-pay-pension-on-retirement-day-from-jan-2027

Sindh decides to pay pension on retirement day from Jan 2027

1+ day, 5+ hour ago   (479+ words) The Sindh government has decided that employees retiring from January 1, 2027 will receive their pension and other basic financial dues on the day of their retirement. The decision was taken at a meeting chaired by Sindh Chief Secretary Asif Hyder Shah…...

Brecorder
brecorder.com > news > 40/43/9027 > south-korea-shares-drop-on-oil-bond-rout-concerns

South Korea shares drop on oil, bond rout concerns

2+ day, 12+ hour ago   (288+ words) South Korean shares fell on Friday amid a sell-off in US treasuries while the inflation data there reinforced bets on an imminent Federal Reserve interest rate hike. The won strengthened, while the benchmark bond yield rose. The benchmark KOSPI was…...

Brecorder
brecorder.com > news > 40/43/9009 > dollar-holds-gains-yen-slips-as-mideast-energy-shock-deepens

Dollar holds gains, yen slips as Mideast energy shock deepens

2+ day, 16+ hour ago   (535+ words) The dollar strengthened and yen slipped amid Middle East energy disruption fears, driving up oil prices and bond yields, while markets anticipate a Fed rate hike. SINGAPORE: The dollar held near its highest ​levels of the past week and the…...

Brecorder
brecorder.com > news > 40438632

Platinum market to post first annual surplus since 2022 on investment outflows, WPIC says

4+ day, 12+ hour ago   (284+ words) LONDON: The global platinum market will swing to a surplus for the first time since 2022 this year due to weaker investment and jewellery demand, the World Platinum Investment Council said. Spot platinum prices are down 10% so far this year to…...

Brecorder
brecorder.com > news > 40438621

Thai baht/US dollar steady on Wednesday

4+ day, 13+ hour ago   (73+ words) Business Recorder - The baht was steady at 32.89 versus the dollar, after trading in a range of 32.880 to 32.945 BANGKOK: The Thai baht was steady against the US dollar on Wednesday. At 0158 GMT, the baht was steady at 32.89 versus the dollar, after…...

Brecorder
brecorder.com > news > amp > 40438218

London mid-caps set for weekly losses on bond jitters

6+ day, 19+ hour ago   (330+ words) LONDON: London’s mid-cap stocks logged their biggest weekly fall in three months on Friday, pressured by concerns over soaring government debt and inflation, while Experian slid after the US housing regulator criticised the sector’s practices. The FTSE 100 index closed flat…...