Palm rises on stronger soyoil, crude oil prices
KUALA LUMPUR: Malaysian palm oil futures rose on Monday after falling for three consecutive sessions, buoyed by stronger soyoil and crude oil prices. The benchmark palm oil contract for July…
Ambani’s Jio Platforms IPO pivots to pure fundraising, no investor exits, sources say
MUMBAI: Mukesh Ambani’s Reliance Jio Platforms has pivoted to a pure fundraising for its planned Mumbai listing, selling a 2.5% stake in the offering and dropping earlier plans that would…
Australia include uncapped trio on white-ball tours of Pakistan, Bangladesh
Australia will use the upcoming white-ball tours of Pakistan and Bangladesh to test their depth after naming squads featuring three potential debutants, selectors said on Monday. All-rounder Liam Scott has…
Govt reduces tariffs at Gwadar Port in bid to boost global traffic
Federal Minister for Maritime Affairs Junaid Anwar Chaudhry on Monday announced a major reduction in tariffs at Gwadar Port aimed at boosting global transit traffic, according to an official statement.…
Oil rises $4 after Trump rejects Iran’s response to US peace proposal
SINGAPORE: Oil prices rallied on Monday, a day after President Donald Trump said Iran’s response to a U.S. proposal was “unacceptable,” raising supply fears as the Strait of Hormuz stayed…
Pakistan records $3.5bn in remittances for April 2026
The inflow of overseas workers’ remittances into Pakistan stood at $3.54 billion in April 2026, the State Bank of Pakistan (SBP) data showed on Monday. Remittances decreased by 7.6% on…
Dollar gains as Trump says Iran peace offer ‘unacceptable’
SINGAPORE: The dollar advanced for a second day against its major peers in Asian trade on Monday, supported by strong U.S. jobs data and safe-haven demand driven by a shaky…
India stocks, rupee fall as Modi urges fuel saving amid crude spike
Indian shares and rupee declined on Monday, a day after Prime Minister Narendra Modi urged a spate of measures including fuel conservation, fewer imports and gold purchases as a surge…
India’s SBI drops as brokerages flag margin pressure after quarterly miss
Shares of State Bank of India fell 4% on Monday as brokerages turned cautious on the lender’s earnings outlook after its March-quarter results last week highlighted pressure on core earnings…
Oil rises $4 after Trump rejects Iran’s response to US peace proposal
Oil prices rallied on Monday, after US President Donald Trump said Iran’s response to a US proposal was “unacceptable,” raising supply fears as the Strait of Hormuz stayed largely closed,…
