Business
Business
KOSPI Plunge Reaches 10.8% as Samsung, SK Hynix Sink
SEOUL, South Korea: The KOSPI plunged 10.84% on July 28 amid a global semiconductor sell-off and concerns over Chinese competition,…
Oil Prices Fall Nearly 2% as US-Iran Attacks Pause
SINGAPORE: Oil prices fell nearly 2% Tuesday as a pause in US-Iran attacks raised hopes for diplomacy and a recovery…
Singapore Monetary Policy Tightens in Surprise MAS Move
SINGAPORE: Singapore's monetary policy tightened unexpectedly on July 27, as the Monetary Authority of Singapore raised the appreciation rate of…
SBP Policy Rate Remains at 11.5% Amid Inflation Risks
KARACHI: The SBP policy rate remained unchanged at 11.5% on Monday, July 27, as the central bank assessed elevated inflation,…
KSE-100 Index Jumps 3.13% as Oil Falls on US-Iran Pause
KARACHI: The KSE-100 Index jumped as much as 5,356.81 points, or 3.13%, to 176,378.01 on Monday, July 27, as falling…
Gold Price Rises 1.4% as Oil Falls on US-Iran Pause
LONDON: The gold price rose 1.4% to $4,110.56 an ounce on Monday, July 27, as falling oil prices and a…
New Zealand Critical Minerals Plan Lacks Magnet Capacity
WELLINGTON: New Zealand’s critical minerals strategy has accelerated mining approvals and funded early processing projects, but it lacks the capacity…
Babak Zanjani Sanctions Target Four People, Nine Entities
WASHINGTON: Babak Zanjani sanctions expanded on July 24 as the US Treasury designated four people and nine entities across Iran,…
OGDC Lithium Discovery Reported in Sindh Geothermal Well
The OGDC lithium discovery came from formation water taken from a high-temperature geothermal well in Sindh, company officials said. Oil…