Latest News on Business, Finance and Markets from Pakistan

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News

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North Korea says missile launches were part of live-fire drills

12+ hour, 59+ min ago   (329+ words) North Korea confirmed a "joint firepower attack drill" involving various missile units and weapon systems, aiming to boost troop morale and demonstrate an integrated strike network against enemies. SEOUL: North Korea said on Monday that its launch of several missiles…...

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brecorder.com > news > 40/43/9376 > indonesia-rescuers-searching-for-129-people-still-missing-after-passenger-ship-capsizes

Indonesia rescuers searching for 129 people still missing after passenger ship capsizes

13+ hour, 19+ min ago   (324+ words) Over 600 Indonesian rescuers are searching for 129 people missing after a passenger ship capsized in the Java Sea, with six confirmed dead and 108 rescued. JAKARTA: More than 600 Indonesian rescuers were searching for 129 people still missing after a passenger ship capsized in…...

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brecorder.com > news > 40/43/9374 > shares-skid-in-asia-as-oil-rises-rate-hikes-loom

Shares skid in Asia as oil rises, rate hikes loom

13+ hour, 27+ min ago   (627+ words) Asian markets slid as oil prices surged due to supply concerns, while investors braced for anticipated interest rate hikes from the US Federal Reserve and Bank of Japan this week. SYDNEY: Share markets slid in Asia on Monday as supply…...

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President upholds FBR data confidentiality order

16+ hour, 22+ min ago   (564+ words) ISLAMABAD: President Asif Ali Zardari has upheld the order of the Federal Tax Ombudsman that the Federal Board of Revenue’s (FBR) field officials should exercise due caution in future to ensure that the confidentiality of taxpayers’ tax related information and…...

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brecorder.com > news > 40/43/9291 > trump-says-us-could-stay-in-iran-and-keep-oil-like-venezuela-deal

Trump says US could stay in Iran and keep oil, like Venezuela deal

1+ day, 21+ min ago   (247+ words) Donald Trump predicted the Iran conflict would end this year, potentially after the U.S. midterms, leading to a significant drop in oil prices, and stated Iran is eager for a deal. DOONBEG: President Donald Trump suggested on Sunday the United States…...

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brecorder.com > news > 40/43/9281 > german-firms-lift-china-investment-as-us-outlays-fall-iw-study-shows

German firms lift China investment as US outlays fall, IW study shows

1+ day, 7+ hour ago   (205+ words) BERLIN: German companies increased investment in China by a third in the first half ​of 2026 while sharply reducing investment in the ‌United States, according to a study by the German Economic Institute (IW) seen by Reuters on Sunday. German firms…...

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Trump says US-Canada trade deal likely???fairly soon???

1+ day, 18+ hour ago   (103+ words) Trump says US-Canada trade deal likely ‘fairly soon’ Business Recorder DUBLIN: President Donald Trump said on Saturday that Canada was keen to reach a trade deal with the United States and that an agreement could come “fairly soon”, while repeating…...

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Rescuers searching for 140 people from Indonesia passenger ship, official says

1+ day, 10+ hour ago   (236+ words) Indonesian rescuers are searching for 140 missing passengers after a ship carrying 243 lost contact in the Java Sea, with 103 evacuated and one fatality. JAKARTA: Indonesian rescuers were searching on Sunday for 140 people ​from a passenger ship that was earlier reported ⁠missing…...

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brecorder.com > news > 40/43/9268 > south-korea-wins-final-ruling-in-dispute-with-chinese-investor-media-say

South Korea wins final ruling in dispute with Chinese investor, media say

1+ day, 10+ hour ago   (123+ words) SEOUL: South ​Korea won ‌a final ​ruling ​in a 264-billion-won ($197- ⁠million) ​investor-state ​dispute after a settlement ​panel ​rejected Chinese investor ‌Min ⁠Fengzhen’s challenge of ​a ​2024 ⁠claim dismissal, ​domestic ​media ⁠said on ⁠Sunday. South Korea to extend curbs amid Omicron surge,…...

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brecorder.com > news > 40/43/9262 > new-report-of-attack-on-strait-of-hormuz-shipping-fans-fears-of-threats-to-oil-supplies

New report of attack on Strait of Hormuz shipping fans fears of threats to oil supplies

1+ day, 11+ hour ago   (809+ words) New attacks in the Strait of Hormuz and on a Saudi oil pipeline escalate Middle East tensions, threatening global energy supplies and driving up oil prices. ADEN/DUBAI: Maritime trackers received new reports of an attack on a ship in…...