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Pakistan importing cotton from US, Brazil even before local ginning season
LAHORE: In an unprecedented development in Pakistan’s history, local textile mills have begun massive cotton imports from the United States even before the start of the new cotton ginning season, as the country has virtually run out of cotton stocks, triggering a sharp surge in domestic cotton and phutti prices. Reports suggest that local textile mills have purchased an extraordinary 206,100 bales – around 95pc– of the total 216,000 bales of the US 2026-27 cotton crop sold during the past week....
JP Morgan CEO to the world from China: America is still a safe haven for investments
JPMorgan CEO Jamie Dimon affirmed the U.S. as a safe investment haven despite acknowledging China's growing global influence and "more consistent" international dealings. He also highlighted America's resilience and strong fundamentals, while warning of AI's significant impact on jobs and advocating for companies to eliminate bureaucratic managers.
India Rupee Climbs on Oil Relief, Central Bank Valuation Comment
India’s rupee strengthened as oil prices dropped on hopes of a US-Iran deal and on comments by the central bank Governor that the currency may be undervalued.
FTSE Cut Hits Stock Tied to One of Indonesia’s Richest Families
Shares linked to one of Indonesia’s richest families dropped after FTSE Russell over the weekend removed the company from its global indexes due to concentrated shareholding.
Top stocks to buy: Stock recommendations for this week - check list
Stock market recommendations: Samvardhana Motherson, and Zydus Wellness have been recommended as top stocks to buy for the week starting May 25, 2026 by Motilal Oswal Wealth Management Research Desk:
China Trading Curbs May Hit $32 Billion of HK Assets, Citic Says
China’s latest crackdown on cross-border stock trading aimed at tightening control over capital outflows may affect as much as HK$250 billion ($32 billion) of assets in Hong Kong, according to Citic Securities.
Going cashless at the mandi
Pakistan’s obsession with everything Bakra Eid is hard to overstate. Whether it’s young boys heading to the mandi every other night to size up animals, uncles asking the price outside your house, or families having barbecues for the entire week — the festival generates a level of commercial and cultural energy that few other events in the country can match. And all of that energy translates into an enormous amount of money changing hands; almost entirely cash. More than seven million animals wer...
Bonds behind financial assistance
Pakistan and China celebrated the 75th anniversary of the establishment of diplomatic relations on May 21. The events held around these celebrations underscore that the relationship between the two countries is entering a new phase characterised by greater financial integration, expanding sub-national cooperation and renewed geopolitical cooperation. What began as a strategic and political partnership has gradually evolved into one of Pakistan’s most critical economic relationships. Today, Chin...
PTI slams govt’s ‘fifth budget sans reforms’
ISLAMABAD: The PTI has alleged that the government is set to present its fifth budget without reforms, claiming that IMF approval is now required even for routine fiscal decisions. In a statement, PTI Central Information Secretary Sheikh Waqas Akram claimed that no serious effort had been made over the past five years to cut the cost of governance, reduce wasteful spending or address structural inefficiencies. He said the public had been repeatedly asked to accept eroded incomes, shrinking job o...
Oil prices dip below $100 per barrel despite Hormuz being closed for three months
Oil prices dropped significantly as markets reacted to optimism surrounding a potential US-Iran peace deal, despite President Trump urging negotiators not to rush. Key issues like the Strait of Hormuz and frozen assets remain unresolved, tempering expectations for an imminent breakthrough in the ongoing conflict.
ITC, LIC & more: Top stocks to watch today - Check list
Goldman Sachs maintains a neutral stance on ITC, anticipating cigarette tax impacts. Citigroup is bullish on LIC, citing strong operational performance and margin expansion. Jefferies raises its target for Nykaa, impressed by robust growth and improving margins. CLSA sees significant potential in Honasa, with strong revenue and margin growth. Morgan Stanley remains overweight on LG Electronics India, despite margin pressures.
Stock Market LIVE Updates, Sensex Today: Markets Likely To Open In Green As Crude Oil Price Falls By 5%
Stock Market, Sensex, Share Market, Nifty LIVE Updates: US crude fell over 8%, Brent down over 5% amid possibility of a US-Iran peace deal.
What makes Delhi Gymkhana so elite: Powerful legacy with Rs 200cr in mutual funds, Rs 129cr net worth
NEW DELHI: Delhi Gymkhana Club - which reported a 10-fold jump in surplus or profits to Rs 9.5 crore during 2023-24 from Rs 93 lakh in the previous year - had a net worth of nearly Rs 129 crore and liquid funds to deal with possible threats of land lease not being renewed by the Centre or because of the cases filed by the ministry of corporate affairs, its auditor had said.
India Raises Diesel, Gasoline Prices for Fourth Time This Month
India’s state-run fuel retailers raised gasoline and diesel prices for the fourth time this month as surging consumption during the agricultural harvest season and widening price disparities with private outlets strained inventories.
Anthony Albanese reveals how much fuel Australia has left - as he unveils huge new deal with China
Anthony Albanese reveals how much fuel Australia has left - as he unveils huge new deal with ChinaAlbanese confirms jet fuel deal with ChinaAustralian fuel stocks rise above pre-war levelsSee more Daily Mail on Google - save us as a Preferred SourceBy NICHOLAS COMINO, POLITICAL REPORTER, AUSTRALIA Published: 03:02, 25 May 2026 | Updated: 03:02, 25 May 2026 e-mail View comments
India Rupee May Be Undervalued, RBI Governor Tells Mint
The Indian rupee may now be undervalued following its recent depreciation, Reserve Bank of India Governor Sanjay Malhotra said in an interview with Mint.
Son wins family farm after giving up decades of wages in bitter feud with parents
Son wins family farm after giving up decades of wages in bitter feud with parents READ MORE: Megaphone war erupts between neighbours and busy cafe See more Daily Mail on Google - save us as a Preferred SourceBy SARAH BROOKES - SENIOR REPORTER, AUSTRALIA Published: 02:43, 25 May 2026 | Updated: 02:43, 25 May 2026 e-mail View comments
Army reservist is denied paternity pay after deployment ruled 'work break' from civilian day job
An army reservist has been denied paternity pay after his deployment on British operations supporting Ukraine was ruled as a "work break" from his civilian day job. The sergeant, who has worked as a lorry driver since 2017, returned to work promptly after completing his military service.His son was born just weeks later in February.But HMRC told him he was not entitled to any of the two weeks' paternity pay he had expected to receive.The tax authority classified his time serving as a "break" fro...
Petrol, diesel prices increased by Rs 7.5 in two weeks - check fuel rates in your city
Fuel prices were increased across major Indian cities on Monday, marking the fourth hike in less than 10 days as oil marketing companies continued revising rates amid rising global crude prices and a weakening rupee. Petrol became costlier by Rs 2.61 per litre and diesel by Rs 2.71 per litre, pushing retail fuel rates sharply higher and adding pressure on household and transportation expenses.
India Bond Investors Tap Soaring Swap Rates to Juice Returns
Multi-year high swap rates are driving some Indian debt fund managers into trades aimed at boosting fixed-income returns.