Latest News on Business, Finance and Markets from Pakistan

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Brecorder
brecorder.com > news > amp > 40439210

Anxious French consumers cut back as election, budget battles loom

11+ hour, 18+ min 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 > 40/43/9223 > copper-on-track-for-first-weekly-dip-since-june-on-us-tariff-doubts

Copper on track for first weekly dip since June on US tariff doubts

11+ hour, 18+ min ago   (333+ words) LONDON: Copper prices were headed for their first weekly drop since June, even as they steadied on Friday following a steep fall in the previous session after Reuters reported that the White House had not made a decision on imposing…...

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brecorder.com > news > amp > 40439211

Gasoline likely to boost US consumer prices

11+ hour, 18+ min ago   (365+ words) WASHINGTON: US consumer prices likely accelerated in August as the cost of gasoline rebounded after two straight monthly declines, which would reinforce financial market expectations that the Federal Reserve could raise interest rates next week. The Labor Department’s Consumer Price…...

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brecorder.com > news > amp > 40439209

Austrian economic outlook improving

11+ hour, 18+ min 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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brecorder.com > news > amp > 40439212

Japan???s wholesale inflation stays elevated in Aug, boosts case for rate hike

11+ hour, 18+ min ago   (300+ words) TOKYO: Japan’s wholesale inflation remained elevated in August, data showed on Friday, highlighting mounting price pressures that cement the case for the central bank to raise interest rates this month. The data follows recent hawkish communication from the Bank of…...

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brecorder.com > news > 40439207

UK economy beats expectations in July with growth

11+ hour, 18+ min ago   (294+ words) LONDON: Britain’s economy grew by a much stronger than expected 0.4percent in July, extending the strong performance seen in the first half of the year despite headwinds from the US-Iran war, figures from the Office for National Statistics showed on Friday....

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brecorder.com > news > 40/43/9206 > imfs-austerity-advice

IMF???s austerity advice

11+ hour, 18+ min ago   (203+ words) IMF’s austerity advice Business Recorder This is apropos a news item titled ‘Oxfam says IMF pushed for larger austerity cuts in borrowing countries’ carried by this newspaper recently; according to which, the IMF has pushed borrowing countries to make bigger…...

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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

3+ hour, 43+ min 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 > 40/43/9013 > psx-selling-continues-kse-100-sheds-nearly-2600-points

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

2+ day, 4+ 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 > 40/43/9026 > 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

2+ day, 2+ 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…...