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, 43+ 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 > 40/43/9375 > amazon-pauses-operations-with-21-air-after-miami-cargo-plane-crash

Amazon pauses operations with 21 Air after Miami cargo plane crash

13+ hour, 7+ min ago   (310+ words) Amazon has paused operations with cargo carrier 21 Air after one of its Amazon Prime Air planes crashed in Miami, killing five people, pending investigation and review. Amazon said on Sunday it was pausing operations with Miami-based 21 Air, the cargo carrier…...

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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, 4+ 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, 11+ 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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Arif Saeed elected to ISSA Executive Board

16+ hour, 6+ min ago   (152+ words) Business Recorder KARACHI: Arif Saeed, President, Pakistan Olympic Association and President, South Asian Olympic Council, has been elected to the Executive Board of the Islamic Solidarity Sports Association (ISSA) as Regional Representative for Asia and Europe for the 2026–2029 term, further…...

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PDP chief highlights Karachi???s problems - Pakistan

16+ hour, 6+ min ago   (430+ words) KARACHI: The rapid deterioration of Karachi’s infrastructure has become a serious threat to the megacity’s economy, imposing growing costs on businesses, workers, commuters and ordinary citizens while weakening the competitiveness of Pakistan’s largest commercial and industrial centre, said Pasban Democratic…...

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brecorder.com > news > 40/43/9312 > pdp-chief-highlights-karachis-problems

PDP chief highlights Karachi???s problems

16+ hour, 6+ min ago   (430+ words) KARACHI: The rapid deterioration of Karachi’s infrastructure has become a serious threat to the megacity’s economy, imposing growing costs on businesses, workers, commuters and ordinary citizens while weakening the competitiveness of Pakistan’s largest commercial and industrial centre, said Pasban Democratic…...

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Iran says Oman meeting aims to boost security cooperation

1+ day, 1+ hour ago   (223+ words) Iran meets Gulf states in Oman to discuss Strait of Hormuz security, aiming to strengthen regional cooperation amid ongoing tensions with the US over the vital waterway. TEHRAN: Iran’s upcoming meeting with Gulf states in Oman on Monday to discuss…...

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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, 5+ 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 > 40/43/9288 > irans-economic-ties-to-dubai-hard-to-break-despite-war

Iran's economic ties to Dubai hard to break despite war

1+ day, 3+ hour ago   (660+ words) Despite the UAE's announced trade suspension with Iran, informal trade and financial ties persist in Dubai, sustained by a large Iranian community and historical economic interdependence. DUBAI: In the markets of old Dubai, saffron, cumin, pistachios and almonds from Iran…...