Business
Business
Barclays Upgrades Pakistan Dollar Bonds After May Downgrade
Islamabad: Barclays upgraded Pakistan sovereign dollar bonds, reversing its May downgrade after stronger reserves, improved fiscal indicators and rising investor…
Toyota Production Cuts Widen to 100,000 Vehicles
Toyota Motor Corporation plans to cut Toyota production by about 100,000 vehicles outside Japan through February 2027, Nikkei Asia reported.…
Trump Fuel Price Probe Targets Oil Companies
US President Donald Trump ordered the Department of Justice to investigate fuel prices after accusing oil companies of keeping gasoline…
Oil Prices Fall Over 1% as Hormuz Tankers Move
Oil prices fell more than 1% on Wednesday, trading near four-month lows as more stranded tankers appeared set to move…
Iran Bank Cyberattack Disrupts Card Services
Iran bank cyberattack disruptions forced Bank Melli, Bank Saderat and Bank Tejarat to temporarily suspend card-related operations, the Informatics Services…
Global Markets Mixed as Asia Stocks Slide, as KOSPI Falls 9.99%
Asian stocks slide sharply on Tuesday, with South Korea’s KOSPI Composite Index falling 9.99% to 8,203.84 as global risk appetite…
Currency Markets Rise as Dollar Gains Broadly
Currency markets moved in favour of the US dollar, with USD/AUD up 1.02% to 1.4423 and USD/MXN rising 0.81% to…
Crypto Prices Fall As Ethereum And Solana Lead Losses
Crypto prices fell, with Bitcoin dropping 3.72% to $62,488.99, according to the latest market data. Ethereum fell 5.42% to $1,657.56.…
Sahito-1 Gasfield Production Starts At 6 MMSCFD
Khairpur, Sindh: Production from the Sahito-1 gasfield has started at 6.0 MMSCFD. The processed gas is injected into the Sui…