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Aurangzeb says all options on table to replace UAE’s $3.5bn funding, weighs strategic fuel reserve

Pakistan is considering Eurobonds, loans from other countries and commercial debt to replace a $3.5 billion facility from the United Arab Emirates (UAE) and manage its foreign reserves, Finance Minister Muhammad Aurangzeb said. Aurangzeb also told Reuters the shock from the ongoing war in the Middle East meant that Pakistan must consider a strategic petroleum reserve and a faster switch to renewable energy. “All options are on the table,” Aurangzeb said when asked if the government was in talks...

Homeowners once again in the firing line as RBA warns of the 'nightmare' scenario Australia is currently facing

Homeowners once again in the firing line as RBA warns of the 'nightmare' scenario Australia is currently facingREAD MORE: Bleak recession warning every Aussie needs to read By SARAH BROOKES - SENIOR REPORTER, AUSTRALIA Published: 06:46, 14 April 2026 | Updated: 06:51, 14 April 2026 e-mail View comments

Asia’s stock markets surge, oil falls on hopes for US-Iran talks

Relief for global markets comes after Trump says Iranian officials are keen on a deal.

China exports stumble, imports surge amid Iran war; US shipments down 26.5%

China's export growth significantly decelerated to 2.5% in March, falling short of expectations and marking the weakest performance in six months. This slowdown is attributed to rising global energy costs and supply disruptions stemming from the Middle East conflict. Conversely, imports surged by 27.8%, indicating robust domestic demand despite geopolitical uncertainties.

Govt announces over 2 hours of daily loadshedding due to rising costs

The Power Division said on Tuesday that due to rising electricity demand during peak hours, electricity will be suspended for around 2.25 hours daily between 5pm and 1am countrywide under its “peak relief strategy”. “The purpose of this load management is to reduce the use of expensive fuel and prevent a rise in electricity prices,” the Power Division spokesperson said in a statement. “This step can prevent an increase of approximately Rs3 per unit,” he added...

Dubai residents are powering hospitality growth as tourist traffic dips, says McGettigan's chief

Dubai: Even as flight disruptions and jet fuel shortages unsettle travel across the region, Dubai’s community-driven hospitality venues are proving unexpectedly resilient — a sign, says McGettigan’s owner Dennis McGettigan, that the emirate’s strong resident customer base is helping steady the food and beverage sector through another spell of uncertainty.“There is no question that footfall has softened since February 28, and you can feel a shift in consumer sentiment,” McGettigan, founder and CE...

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20 हजार सैलरी की डिमांड पर अड़े कर्मचारी, फैक्ट्रियों में नहीं पहुंचे काम करने

Major retail chains to close locations as two brands combine

Major retail chains to close locations as two brands combineThere are currently no planned redundanciesMoneyNeil Shaw Assistant Editor (Money and Lifestyle)06:35, 14 Apr 2026Updated 06:35, 14 Apr 2026View 3 ImagesThe businesses will combine branches where they are close togetherSome shops are to disappear as a major retailer combines two brands into one on the High Street. Mobile provider VodafoneThree has launched a major overhaul of its retail stores which will see the two brands combine under...

China’s Battery Exports Surge as War Drives Energy-Supply Crunch

China’s lithium battery exports surged in the first quarter, reinforcing early signs of demand for alternative power sources to counter the global energy-supply crunch arising from the war in the Middle East.

Gold prices rise in Pakistan — April 14, 2026

KARACHI: Gold prices in Pakistan increased on April 14, 2026, in line with global bullion market trends amid ongoing geopolitical developments. The price of 24-karat gold per tola rose by Rs4,600 to Rs499,962, compared to Rs495,362 on the previous trading day, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association. Similarly, the price of 10 grams of 24-karat gold increased by Rs3,943 to Rs428,636 from Rs424,693, while 10 grams of 22-karat gold rose by Rs3,614 to Rs3...

Founder of China's Evergrande pleads guilty to fraud

Founder of China's Evergrande pleads guilty to fraud9 minutes agoShareSaveAdd as preferred on GoogleLaura Bicker,China correspondentandOsmond Chia,Business reporterBloomberg via Getty ImagesHui Ka Yan, the founder of China's Evergrande GroupHui Ka Yan, the founder of embattled Chinese property developer Evergrande, has pleaded guilty to a number of charges including embezzlement of corporate assets and corporate bribery, according to a statement issued by the court.Hui expressed remors...

China Economic Crisis: संकट में चीन... US-ईरान जंग से निकला तेल, यहां लगी तगड़ी चोट

China Economic Crisis US

Iran War Pressures Malaysia’s Energy, Investment Outlook

Rising tensions are weighing on investor sentiment toward Malaysia, with energy security and fuel subsidies in focus. The government faces mounting fiscal pressure as oil prices rise, as Malaysia promotes stability to attract investment. Zafrul Aziz, Chairman of the Malaysian Investment Development Authority, spoke with Haslinda Amin on Insight With Haslinda Amin (Source: Bloomberg)

Iranian Rial to Pakistani Rupee Rate Today- April 14, 2026

As of April 14, 2026, the authentic mid-market exchange rate stands at 1 Iranian Rial (IRR) ≈ 0.00021 Pakistani Rupee. This figure is based on reliable global sources (updated around 09:40 UTC / approx. 02:40 PKT). While the Rial remains weak against major currencies like the USD globally due to sanctions and economic pressures, it has demonstrated notable localized gains in Pakistan’s open currency markets in recent weeks. 1 PKR = approximately 4,705 Iranian Rials 10 PKR = approximately 47,050...

Pakistan continues to receive petrol, LPG cargo vessels

KARACHI: The steady arrival of petrol and LPG cargo vessels continues in Pakistan, ARY News reported on Tuesday, citing authorities. As per the details, petrol- and LPG-loaded vessels are docked at Port Qasim’s FOTCO Terminal, further boosting fuel supplies. Sources confirmed that the vessel MT Burgan delivered 42,418 tonnes of motor oil to the port. Meanwhile, MT Lamos transported 57,650 tonnes of petrol to the FOTCO Terminal, having arrived from Amsterdam carrying motor gasoline. In a se...

Dubai gold rises after two-day drop amid easing war tensions

Dubai: Gold prices in Dubai moved higher on Monday morning, reversing part of the recent slide and reflecting a shift in global sentiment after signs of easing geopolitical tension. (Check latest UAE gold prices , alongside prices in , , , , , and .)Sign up for our daily business newsletter, Cheques & Balances.At 8:42 am, 24K gold was priced at Dh573.50 per gram, up from Dh569.75 on Sunday. The 22K variant rose to Dh531 from Dh527.75, bringing prices back close...

KKR Sees Private Credit Resilient Amid Global Risks

Christopher Sheldon, Co‑Head of Credit & Markets at KKR, spoke with Haslinda Amin on Insight with Haslinda Amin about portfolio strategy, Asia opportunities, and the outlook for private credit. He says private credit portfolios remain resilient despite geopolitical risks, sticky inflation and signs of slowing growth. (Source: Bloomberg)

Holidays take a hit as UK cost of living fears and Iran war bite

Consumer spending on travel is down for the first time in five years while card spending edges up in MarchUK consumers have cut back on travel spending for the first time in five years, as they worry about the rising cost of living amid the Iran war.Overall consumer card spending increased 0.9% year on year in March, down from February’s 1%, according to data from Barclays. Continue reading...

MSPs not told about collapse of funding deal for Scottish nature restoration

Exclusive: Ministers accused of trying to keep investment firm’s withdrawal from partnership with NatureScot under wrapsA funding deal to raise £100m from private investors for urgently needed nature restoration in Scotland has fallen through without the Scottish parliament being told.The Guardian has learned that Aberdeen, the investment firm, decided to withdraw from a partnership with the agency NatureScot to raise at least £100m for conservation projects from commercial and private investors...