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PSX tumbles over 4,000 points during intraday trade as Trump speech sinks hopes for quick end to war
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index sank by over 4,000 points during intraday trade on Thursday, after a press conference by United States President Donald Trump dampened investor hopes of a quick end to the war on Iran. The KSE-100 index dropped by 4,073.85 points, or 2.62 p...
Reform donor Nick Candy sells Chelsea mansion for reported £275m
Sale of Providence House believed to be the most expensive on record in LondonUK politics live – latest updatesNick Candy, the honorary treasurer of Reform UK and a major donor, has sold his mansion in the Chelsea district of London for a reported £275m.The property developer declined to comment on...
Dealmaking Competition Erodes Junk Loans’ Last Line of Defense
Relaxing covenant requirements to win competitors in the race to fund deals is leaving sub-investment grade loan investors without their last line of defense, according to an analysis by Moody’s Ratings.
Like Uber, you can now 'book' a coconut harvester in Kerala. Anand Mahindra explains
Like Uber you can now book a coconut harvester in Kerala Anand Mahindra explains
West Asia war: World Bank, IMF, IEA announce coordination group amid energy crises
Impacts of the war are “substantial”, hitting net energy importers and low-income countries more, the World Bank said in a statement
India Plans to Bring Back Open Market Buybacks After Selloff
India’s securities regulator is proposing to allow companies undertake share buybacks via the open market, addressing investor demand to provide support to local stocks that are hovering near one-year lows, hurt by the war in the Middle East.
Trump’s fragile ex-China mineral-alliance plan faces cost surge amid Iran war oil shock
An oil-supply shock caused by the US-Israel conflict with Iran is complicating US President Donald Trump’s already fragile mineral-alliance strategy, analysts said, given the acute vulnerability of energy-intensive rare earth refining and critical metal supply chains to such disruption. Oil and gas...
Oracle ने भारत में 12,000 कर्मचारियों को निकाला, जानिए कंपनी ने इन्हें 'विदाई पैकेज' में क्या दिया?
Oracle
Apollo’s Zelter Says Private Credit Concerns Just Growing Pains
Apollo Global Management Inc. President Jim Zelter launched a full throated defense of private credit, downplaying investor concerns and describing recent developments in the asset class as mere “growing pains.”
بحران انرژی باعث افزایش خشونت و بیثباتی در شرق آسیا شده است
واشینگتنپست در گزارشی به بررسی پیامدهای جنگ آمریکا و اسرائیل با جمهوری اسلامی در شرق آسیا پرداخته است. آثار بحران انرژی حاصل از این جنگ اکنون به شکلی خشن در هزاران کیلومتر دورتر از مرکز درگیری ظاهر شده است.
More homebuyers are choosing this Saudi city as demand rises
DUBAI 23°CGOLD/FOREXPRAYER TIMESNEWSLETTERSLOGIN GOLD/FOREXDUBAI 23°CPRAYER TIMES BUSINESSBUSINESSBANKING & INSURANCEAVIATIONPROPERTYTAX NEWSCORPORATE TAXANALYSISTRAVEL & TOURISMMARKETSRETAILCORPORATE NEWSTECHAUTO Business / PropertyMore homebuyers are choosing this Saudi city as demand risesDammam...
Can the World’s Biggest Census Help Tackle India’s Inequality?
India began the first count of its population in more than a decade at the start of April. The inaugural digital census is expected to take around a year to complete as millions of officials endeavor to survey well over a billion people.
Gold, silver prices today: Why is silver falling more than gold?
Gold silver prices today Why is silver falling more than gold
‘From high flyer to dead parrot’: former billion-dollar eco-shoe brand Allbirds sold for $39m
Once-hyped, celebrity-backed company snapped up by American Exchange Group for fraction of former valueBusiness live – latest updatesAllbirds, the San Francisco sustainable trainer brand once valued at more than $4bn, is being sold for just $39m after global demand for its wool-based footwear failed...
New World pulls back on Causeway Bay acquisition amid uneven recovery
Hong Kong’s New World Development (NWD) has shelved plans to acquire the remaining stakes in three commercial sites in Causeway Bay, signalling continued caution among developers despite signs of improving demand in the core office market. The company, which has been selling assets to reduce debt, s...
US Futures Drop as Trump Speech Dashes Hope for War’s Early End
US stock-index futures dropped more than 1% on Thursday as President Donald Trump’s hardline speech undermined hopes for an early reopening in the Strait of Hormuz and a resolution of the conflict in the Middle East.
Construction of national highways slows; 8,600km built against 10,000km target
The highest expansion was recorded in 2020-21, when 13,327km of national highways were built, translating to 33.83km per day.
Romania Spent €1 Billion to Defend Currency in March Global Rout
Romania’s central bank spent an equivalent of more than €1 billion ($1.2 billion) in March to prevent the global market turmoil sparked by the Middle East conflict from weakening its currency, according to people with knowledge of the matter.
40,000 taxi drivers sign up for e-payment systems as new rules come into force
More than 40,000 Hong Kong taxi drivers have adopted major electronic payment platforms AlipayHK and WeChat Pay HK, easing a protracted pain point for mainland Chinese visitors who are expected to arrive in droves during the coming Ching Ming Festival break. AlipayHK, a joint venture of Ant Group, a...
Rupee climbs 151 paise to reach 93.19 against US dollar
The Indian rupee rebounded strongly, gaining 151 paise to 93.19 against the US dollar after the Reserve Bank capped banks' net open positions. Despite this regulatory intervention, underlying pressures from foreign fund outflows, a firming dollar, and high crude oil prices persist, impacting equity...