India hikes gold, silver duties to protect sliding rupee
India has boosted its import tariffs on gold and silver in an effort to shore up the sagging value of the rupee and bolster foreign currency reserves hit by war…
Dollar near one-week high as hot U.S. inflation fans Fed hike bets, peace talks stall
HONG KONG: The dollar held near a one-week high on Wednesday as risk sentiment soured after a hot U.S. inflation reading sent Treasury yields higher, and oil inched up on…
Tech shares lead China, Hong Kong markets higher ahead of Trump-Xi meeting
SHANGHAI: China and Hong Kong shares firmed on Wednesday as investors bought an early dip in artificial intelligence-linked stocks while keeping expectations low for a meeting between U.S. and Chinese…
Indian shares inch higher after 4-day decline, Mideast risks cap gains
Indian shares edged higher on Wednesday after four sessions of steep losses, with gold and silver ETFs rallying on a hike in import tariffs, but overall gains were contained by…
Japan’s Nikkei reverses early fall as Kioxia rebounds
TOKYO: Japan’s Nikkei share average recouped early losses on Wednesday to trade slightly higher as memory chip maker Kioxia rebounded, while the broader Topix gained 1% as investors grew confident…
Australian shares hit 1-month low as banks drag on budget reforms; CBA drops on profit miss
Australian shares edged down on Wednesday, as bank stocks hit a near six-month low, hit by housing tax changes in the federal budget, with top lender CBA tumbling more than…
SBP says it has recieved $1.3bn tranche from IMF
The State Bank of Pakistan (SBP) said on Wednesday that it had recieved $1.3 billion from the International Monetary Fund (IMF). “The IMF Executive Board completed the third review under…
Pakistan receives $1.3 billion from IMF: SBP
The State Bank of Pakistan (SBP) said Wednesday it received about $1.3 billion from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) and the Resilience and Sustainability…
‘Blatant disregard for rights’: concern grows over Gabon’s social media clampdown
Activists claim use of laws to curtail internet freedoms part of well-documented history of cracking down on dissent When Gabon’s media regulator indefinitely suspended major social media platforms in February,…
Man who averted suicide attack nominated for ‘highest civil award’
TAXILA/LAHORE: Muhammad Liaqat Ali, who laid down his life to prevent an attack potentially targeting a police post in Jand tehsil of Attock, was nominated for the country’s highest civil…