Latest News on Business, Finance and Markets from Pakistan

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News

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brecorder.com > news > 40/43/9024 > iran-and-gulf-states-to-meet-in-push-for-hormuz-deal-ft-reports

Iran and Gulf states to meet in push for Hormuz deal, FT reports

2+ day, 45+ min ago   (170+ words) Gulf foreign ministers plan to meet their Iranian counterpart in a push by Oman and Iran to secure buy-in for a temporary deal to manage shipping through the Strait of Hormuz, the Financial Times reported on Friday. Oil prices set…...

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brecorder.com > news > 40/43/9014 > pakistan-urges-hong-kong-to-resume-cathay-pacific-flights

Pakistan urges Hong Kong to resume Cathay Pacific flights

2+ day, 1+ hour ago   (351+ words) Pakistan urged Hong Kong to resume Cathay Pacific flights to boost trade, tourism, and business ties. Both sides reaffirmed commitment to deepen economic cooperation and people-to-people linkages. Pakistan has urged Hong Kong to explore the resumption of Cathay Pacific flights…...

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brecorder.com > news > 40/43/9023 > hormuz-shipping-traffic-falls-to-single-digits-data-shows

Hormuz shipping traffic falls to single digits, data shows

2+ day, 51+ min ago   (351+ words) SINGAPORE: Vessel transits at the Strait of Hormuz fell to seven on Thursday from 11 the previous day, preliminary ship-tracking data showed on Friday, well below the 10-day average of 15. Of the seven vessels, two Panamax ships exited the strait, one…...

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brecorder.com > news > amp > 40438663

Kuwait Petroleum offering ship-to-ship transfers outside Hormuz to buyers, official says

3+ day, 19+ hour ago   (224+ words) SINGAPORE: Kuwait Petroleum Corp is offering the option of ship-to-ship transfers outside the Strait of Hormuz to its buyers for safe transportation to final destinations, a company official said on Wednesday. “Whenever it is safe, we are passing some ships…...

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brecorder.com > news > amp > 40437146

Gulf stocks fall after Warsh remarks

1+ week, 6+ day ago   (370+ words) BENGALURU: Most Gulf stock markets closed lower on Sunday as investors turned cautious after US Federal Reserve Chair Kevin Warsh reiterated the central bank’s commitment to bringing inflation back to target, boosting expectations of another interest-rate increase. Warsh said at…...

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brecorder.com > news > 40436569

Saudi team, PM discuss investment

2+ week, 4+ day ago   (311+ words) Pakistan's Prime Minister Shehbaz Sharif aims to transform economic ties with Saudi Arabia into a strategic partnership, as a Saudi business delegation expresses interest in diverse investment sectors. ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday said Pakistan was keen to…...

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brecorder.com > news > amp > 40436125

China July iron ore imports slide from June

3+ week, 9+ hour ago   (300+ words) BEIJING: China’s iron ore imports in July slipped by 4% from the prior month, as some domestic steelmakers began equipment maintenance amid shrinking steel margins, curbing appetite for the key steelmaking ingredient. The world’s largest consumer of the raw material brought…...

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brecorder.com > news > amp > 40435639

PARTLY FACETIOUS: Zardari is not well, Nawaz has platelet issue, Shehbaz is cancer survivor, and …

3+ week, 3+ day ago   (538+ words) “I reckon our top leadership must learn from Western leaders.” “I thought you were focused on Western leaders learning from ours – forming an ideologically disparate coalition against the popular far right parties — Marine Le Pen in France, AfD in Germany,…...