Latest News on Business, Finance and Markets from Pakistan

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News

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brecorder.com > news > amp > 40439284

Israeli strike kills two people in Gaza, medics say

2+ hour, 8+ min ago   (250+ words) An Israeli airstrike in Gaza killed two Palestinians and wounded 13, with Israel claiming it targeted Hamas militants. This occurred despite a 2025 ceasefire, which both sides accuse each other of violating. CAIRO: An Israeli airstrike on Sunday killed at least two…...

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brecorder.com > news > 40/43/9279 > russian-nuclear-head-says-ukraine-attacked-fuel-trucks-endangered-zaporizhzhia-plant

Russian nuclear head says Ukraine attacked fuel trucks, endangered Zaporizhzhia plant

4+ hour, 23+ min ago   (317+ words) Russia's nuclear chief accuses Ukraine of attacking fuel trucks at the Russian-held Zaporizhzhia nuclear plant, killing two servicemen and endangering nuclear safety. The head of Russia’s state nuclear energy corporation accused Ukraine on Sunday of attacking diesel fuel trucks, killing…...

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brecorder.com > news > amp > 40439212

Japan???s wholesale inflation stays elevated in Aug, boosts case for rate hike

15+ hour, 2+ min ago   (300+ words) TOKYO: Japan’s wholesale inflation remained elevated in August, data showed on Friday, highlighting mounting price pressures that cement the case for the central bank to raise interest rates this month. The data follows recent hawkish communication from the Bank of…...

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brecorder.com > news > amp > 40439217

French economy not in danger but deficit must be cut, central bank chief says

15+ hour, 2+ min ago   (123+ words) Business Recorder PARIS: French central bank chief Emmanuel Moulin said on Friday that France was not in catastrophic economic danger but the government must act to reduce the country’s public deficit. Moulin was speaking after INSEE revised its economic forecast…...

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brecorder.com > news > 40/43/9266 > tesla-to-unveil-long-delayed-roadster-on-oct-1-musk-says

Tesla to unveil long-delayed Roadster on Oct. 1, Musk says

7+ hour, 16+ min ago   (249+ words) Tesla CEO Elon Musk announced the long-delayed next-generation Roadster will be unveiled on October 1, potentially featuring SpaceX cold-gas thrusters and an evolved hypercar design. Tesla CEO Elon Musk said on Saturday the electric-vehicle ‌maker would unveil its long-delayed Roadster on…...

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brecorder.com > news > 40/43/9265 > speculators-turn-net-long-on-yen-for-first-time-since-february

Speculators turn net long on yen for first time since February

7+ hour, 22+ min ago   (200+ words) Speculators have turned net long on the yen for the first time since February, signaling growing confidence in the currency amidst expectations of Bank of Japan rate hikes. TOKYO: Speculators turned to a net long position on the yen for…...

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brecorder.com > news > 40/43/9162 > brics-adopts-joint-declaration-urges-maximum-restraint-in-mideast

BRICS adopts joint declaration, urges 'maximum restraint' in Mideast

23+ hour, 40+ min ago   (253+ words) The BRICS group adopted a joint declaration expressing deep concern over the Middle East war, urging restraint and a multilateral approach, while also criticizing unilateral trade measures. NEW DELHI: The BRICS group of nations unanimously adopted a joint declaration on…...

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brecorder.com > news > 40/43/9152 > us-limits-air-defence-time-slots-for-tankers-sailing-through-hormuz-reports

US limits air defence time slots for tankers sailing through Hormuz, reports

1+ day, 6+ hour ago   (198+ words) The U.S. has asked tankers travelling through the Strait of Hormuz to sail only at specific times to guarantee military protection after Iran stepped up attacks on ships travelling at night, the Financial Times reported on Saturday. Washington has been offering…...

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brecorder.com > news > 40/43/9023 > hormuz-shipping-traffic-falls-to-single-digits-data-shows

Hormuz shipping traffic falls to single digits, data shows

2+ day, 6+ hour ago   (351+ words) SINGAPORE: Vessel transits at the Strait of Hormuz fell to seven on Thursday from 11 the previous day, preliminary ship-tracking data showed on Friday, well below the 10-day average of 15. Of the seven vessels, two Panamax ships exited the strait, one…...

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brecorder.com > news > 40/43/9015 > south-koreas-lee-to-host-central-asia-summit-in-seoul-next-week

South Korea's Lee to host Central Asia summit in Seoul next week

2+ day, 6+ hour ago   (209+ words) SEOUL: South Korean President Lee Jae Myung said on Friday he would host the first South Korea-Central Asia summit next week, bringing together the leaders of five Central Asian countries as Seoul seeks to deepen economic and strategic ties with…...