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Business
Central Bank Gold Buying Hits Q2 Record of 289 Tonnes
LONDON: Central bank gold buying reached 289 tonnes in Q2 2026, a record for that period. Purchases rose 62% year…
KSE-100 Rebound Lifts Index 2,380 Points on Peace Hopes
KARACHI: The KSE-100 rebounded by 2,380.21 points to 179,463.43 on Wednesday, as hopes for US-Iran peace and falling oil prices…
SpaceX Q2 Revenue Jumps 92% to $7.81 Billion
NEW YORK: SpaceX Q2 revenue rose about 92% to USD 7.81 billion, beating market expectations in the company’s first quarterly…
AstraZeneca-Bristol Myers Talks Stay Active on $400bn Group
LONDON: AstraZeneca PLC (LSE/NYSE: AZN) and Bristol-Myers Squibb Company (NYSE: BMY) remained in active talks over a possible combination worth…
S&P 500 Hits Record as Palantir, Caterpillar Surge
NEW YORK: The S&P 500 set a record, and the Dow topped 54,000 on Tuesday as strong earnings from Palantir…
Oil Prices Fall Nearly 5% as US-Iran Talks Resume
TOKYO: Oil prices fell nearly 5% in early Asian trading on Monday, with Brent at USD 83.81 and WTI at…
OPEC+ Oil Quotas Rise 188,000 Bpd for September
VIENNA: Seven OPEC+ countries agreed on August 2 to raise their combined oil production quotas by 188,000 barrels per day…
Trump Account Closures Followed AML Review, Bank Says
MIAMI: Trump account closures affecting more than 300 Capital One accounts followed a months-long anti-money-laundering review, the bank said in…
Taiwan GDP Growth Reaches 12.92% as AI Exports Surge
TAIPEI, Taiwan: Taiwan's GDP growth reached 12.92% year on year in the second quarter of 2026, official data showed, as…