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Foreign investors exit T-bills
KARACHI: The war in the region has almost wiped out foreign investment in Pakistan’s domestic bonds, leaving little chance of recovery if the current situation prevails, said financial experts. The State Bank of Pakistan (SBP) data showed that foreign investors have almost left the domestic bonds, which had been their preferred choice, as returns were highest in the region and very high compared with most other countries. A day ago, the central bank further increased the yields on Treasury Bills...
Oil spike threatens Pakistan’s economic growth
• Analysts say inflation may exceed 11pc, CAD could rise above $8bn• GDP expansion may slow to 2.5-3.0pc in FY27 KARACHI: Pakistan’s inflation is likely to remain in double digits if the surge in oil prices persists amid the unresolved Middle East conflict, analysts warned, adding that rising costs and disrupted imports are already straining the country’s external position. Topline Securities Ltd released its latest “Pakistan Strategy” report on Saturday, analysing the impact of soaring oil pric...
TV Serial Spoilers: अनुपमा के चरित्र पर उठेंगे सवाल, नागिन के हाथ से छिनेगी नागमणी?
TV Serial Spoilers
After over 20K layoffs, how Oracle's 'promise' to Sam Altman is hurting banks across US
Oracle faces a significant bank-debt challenge due to its massive data centre expansion for OpenAI, reportedly requiring $300 billion. Lenders struggle with exposure limits, impacting their ability to finance these projects. This comes as Oracle also plans substantial job cuts, highlighting financial pressures despite efforts to secure funding.
Axes, Nazi slogans, ‘bloodbath’: Dutch princesses targeted in foiled plot
Dubai: A suspected far-right extremist armed with axes engraved with Nazi slogans and the names of Dutch royals allegedly plotted a “bloodbath” targeting two princesses — a chilling plan that was foiled before it could be carried out, prosecutors said.The 33-year-old man is suspected of preparing an attack on Catharina-Amalia, 22, the heir to the Dutch throne, and her younger sister Princess Alexia, 20.According to a court scheduling order published by The Hague Public Prosecutor’s Office and ci...
Trump says he is reviewing Iran peace plan but would consider new strikes
The conflict is now in its tenth week with no prospect of an immediate end as energy prices soar
Philippines Says Thousands Evacuated as Mayon Volcano Erupts
The Philippines said on Sunday that thousands of people have evacuated the area south of Manila after Mayon Volcano erupted, and authorities advised the public to stay out of the six-kilometer radius danger zone.
Japan’s Katayama Declines to Comment on FX Intervention For Now
Japanese Finance Minister Satsuki Katayama declined to comment if authorities intervened to support the yen last week, after reports said they had entered the market for the first time since 2024.
St. Petersburg airport operations restricted temporarily
Temporary restrictions were also introduced in the Sheremetyevo Airport of Moscow
Voters will judge Trump on the economy - how is it doing?
Voters will judge Trump on the economy - how is it doing?8 hours agoShareSaveAdd as preferred on GoogleArchie MitchellBusiness reporterGetty ImagesDonald Trump once predicted the US-Israeli war in Iran would last no longer than six weeks. It has now entered its third month.The conflict has caused a global energy shock on a par with the oil crises of the 1970s, driving up prices of everything from fuel to groceries.Despite piling additional pressure on already hard-pressed Americans, the latest G...
Russia expands list of alternative service trades
The list now contains 363 items
Key OPEC+ countries to discuss oil production plan for June
The meeting is scheduled to begin at 01:00 p.m. Moscow time (10:00 a.m. GMT)
David Beckham ‘very lucky’ after being spoiled by family on 51st birthday
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US Jobs Report to Show Resilience in the Wake of Iran War
The energy shock from the Iran war may be casting a shadow over the outlook for the US economy, but the labor market is yet to register any signs of it.
Syria becomes alternative energy corridor for oil as Hormuz effectively blo
Syria is receiving hundreds of Iraqi oil trucks hauling crude overland as an alternative energy corridor to Europe.
Greg Abel’s message to Berkshire shareholders, post-Buffett: be patient
New CEO ‘not anxious to deploy capital into subpar opportunities’ as he picks up baton from legendary predecessor
Trump administration fast-tracks $8.6bn in arms sales to Middle East allies
Move to shore up regional partners during Iran war comes as US warns Europe of delays to weapons shipments
Oil Tanker Hijacked Off Yemen Coast, Directed Towards Somalia
Unidentified attackers hijacked an oil tanker on Saturday off the coast of Yemen in the Gulf of Aden and directed it towards Somalia, the Yemeni coast guard said.
Berkshire Meeting Highlights Tough Balancing Act for Greg Abel
Greg Abel didn’t take long to address the elephant in the room.
Banksy confirms new statue installed in central London is his work
Culture Banksy confirms new statue installed in central London is his work May 2, 20261:25 PM ET Anastasia Tsioulcas A statue of a man holding a flag covering his face, and signed 'Banksy', which has appeared in Waterloo Place in London, Thursday, April 30, 2026. Kin Cheung/AP hide caption toggle caption Kin Cheung/AP A statue that was erected mysteriously in central London early Wednesday has been confirmed as the work of the mischievous, often politically oriented artist Banksy. The statue dep...