Latest News on Business, Finance and Markets from Pakistan

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News

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brecorder.com > news > 40/43/9161 > market-expects-status-quo-as-mpc-meets-today

Market expects status quo as MPC meets today

6+ hour, 45+ min ago   (438+ words) The State Bank of Pakistan's Monetary Policy Committee is widely expected to maintain the policy rate at 11.5% today, balancing inflation concerns with improving external buffers. The State Bank of Pakistan (SBP) Monetary Policy Committee (MPC) is expected to meet today…...

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brecorder.com > news > 40/43/9013 > psx-selling-continues-kse-100-sheds-nearly-2600-points

PSX: Selling continues, KSE-100 sheds nearly 2,600 points

3+ day, 6+ hour ago   (366+ words) The Pakistan Stock Exchange's KSE-100 Index fell over 1% amid escalating geopolitical tensions and surging oil prices, reflecting broader global market declines and inflation fears. Selling pressure continued at the Pakistan Stock Exchange (PSX) amid escalating geopolitical tensions, with the benchmark…...

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brecorder.com > news > 40/43/9210 > anxious-french-consumers-cut-back-as-election-budget-battles-loom

Anxious French consumers cut back as election, budget battles loom

1+ day, 14+ hour ago   (253+ words) PARIS: A cash-strapped customer split an entrecôte steak with a companion the other day at David Zenouda’s Paris restaurant while others increasingly share starters, skip wine at lunch or opt only for a main course. It’s a sign of the…...

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brecorder.com > news > amp > 40439319

Wall Street Week Ahead: Investors brace for possible rate hike at uncertain Fed meeting

11+ hour, 50+ min ago   (498+ words) NEW YORK: Investors head into next week’s Federal Reserve meeting bracing for the central bank to raise interest rates, a move that could threaten a US stock market rally already showing some vulnerability to rising bond yields. For years, inflation…...

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brecorder.com > news > 40439294

Ahead of Fed meeting, Trump says US should have world's lowest interest rate

19+ hour, 8+ min ago   (341+ words) President Trump asserted the US should have the world's lowest interest rates, pressuring the Federal Reserve ahead of its policy meeting despite inflation data suggesting a rate hike. DOONBEG: No country should have lower interest rates than the US, President…...

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brecorder.com > news > 40/43/7974 > dollar-gains

Dollar gains - Markets

1+ week, 2+ day ago   (241+ words) NEW YORK: The dollar jumped on Friday after data showed that US employers added 162,000 jobs in August, well above the 56,000 additions expected by economists, boosting bets on a September Federal Reserve interest rate hike, but then pared much of the…...

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brecorder.com > news > 40/43/9026 > copper-set-to-snap-10-week-winning-streak-on-white-house-tariff-hesitation

Copper set to snap 10-week winning streak on White House tariff hesitation

3+ day, 5+ hour ago   (332+ words) Copper was set to snap a 10-week winning streak, despite a marginal Friday rise, after Reuters reported that the White House had yet to decide on refined copper tariffs, triggering a sharp drop from record highs. Three-month copper on the…...

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brecorder.com > news > 40/43/9264 > hyundai-motor-to-roll-out-in-house-driver-assist-system-in-2029

Hyundai Motor to roll out in-house driver-assist system in 2029

1+ day, 6+ hour ago   (411+ words) Hyundai Motor Group delays its proprietary driver-assistance software launch to 2029, partnering with Nvidia for earlier ADAS deployment by 2028, raising concerns about reliance and competition. SEOUL: Hyundai Motor Group will launch vehicles equipped with its proprietary driver-assistance software in late 2029, two…...

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brecorder.com > news > amp > 40436112

Fitch keeps Poland rating at ‘A-’

3+ week, 1+ day ago   (328+ words) WARSAW: Fitch retained Poland’s sovereign credit rating at “A-” on Friday, citing the country’s resilient economy and strong external finances relative to similarly rated peers, while maintaining a “negative” outlook due to a lack of strong fiscal consolidation. The rating…...

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brecorder.com > news > 40/43/9209 > austrian-economic-outlook-improving

Austrian economic outlook improving

1+ day, 14+ hour ago   (198+ words) Business Recorder VIENNA: Austria’s central bank has trimmed its economic growth forecast for the country in 2026 due to a weaker-than-expected first six months of the year, but raised it for next year as the outlook is improving, it said on…...

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