Latest News on Business, Finance and Markets from Pakistan

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News

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Dollar steady, yen near 7-month high ahead of Fed, BOJ meetings

13+ hour, 20+ min ago   (654+ words) The dollar holds steady while the yen gains ahead of pivotal central bank rate decisions, as Mideast tensions drive oil prices and influence global monetary policy. SINGAPORE: The dollar was steady on Monday, ​with the yen holding on to its…...

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brecorder.com > news > 40/43/9375 > amazon-pauses-operations-with-21-air-after-miami-cargo-plane-crash

Amazon pauses operations with 21 Air after Miami cargo plane crash

13+ hour, 11+ min ago   (310+ words) Amazon has paused operations with cargo carrier 21 Air after one of its Amazon Prime Air planes crashed in Miami, killing five people, pending investigation and review. Amazon said on Sunday it was pausing operations with Miami-based 21 Air, the cargo carrier…...

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Sterling climbs after UK growth beats expectations

16+ hour, 10+ min ago   (313+ words) LONDON: The pound rose slightly on Friday after data showed UK growth beat expectations in July, continuing a string of relatively upbeat readings for the British economy. British gross domestic product grew 0.4 percent in July, figures from the Office for…...

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brecorder.com > news > 40/43/9315 > latam-stocks-fx-fall-as-us-rate-hike-bets-weigh

LatAm stocks, FX fall as US rate hike bets weigh

16+ hour, 10+ min ago   (426+ words) BRASILIA: Latin American stocks and currencies fell on Friday amid fresh concerns over Brazil’s presidential election outlook and mounting expectations of a US interest-rate hike after stronger-than-expected inflation data. MSCI’s gauge of Latin American stocks dropped 1 percent and was on…...

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India???s markets regulator proposes revamp of derivatives expiry pricing

1+ day, 18+ hour 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…...

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brecorder.com > news > 40/43/9223 > copper-on-track-for-first-weekly-dip-since-june-on-us-tariff-doubts

Copper on track for first weekly dip since June on US tariff doubts

1+ day, 18+ hour 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…...

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India???s FX reserves surge

1+ day, 18+ hour 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…...

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Japanese rubber extends losses as funds take profits after short squeeze

1+ day, 18+ hour 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…...

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German corporate insolvencies hit 13-year high

1+ day, 18+ hour 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…...

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brecorder.com > news > 40/43/9155 > india-regulator-plans-changes-to-set-expiry-days-settlement-prices-for-derivatives

India regulator plans changes to set expiry days' settlement prices for derivatives

2+ day, 9+ hour ago   (149+ words) MUMBAI: India’s markets regulator proposed on Saturday to use both closing auction session (CAS) and volume-weighted average price (VWAP) to determine settlement prices for index and single-stock derivatives on expiry days, in a bid to improve the CAS system. The…...