اقتصاد

Oil prices turn lower as investors assess outlook for US-Iran peace talks

BusinessInternationalOil prices turn lower as investors assess outlook for US-Iran peace talksBy Reuters -Apr 22, 2026Oil prices turned lower on Wednesday ​after rising about $1 at the start of trade in Asia, with investors assessing the outlook for ‌US-Iran peace talks following the US extension of a ceasefire. Brent crude futures were down 21 cents, or 0.2%, at $98.27 a barrel at 0039 GMT, after touching $99.38 earlier in the session. West Texas Intermediate futures fell 28 cents, or 0.3%, to...

Oil prices today: Crude slips as markets weigh US-Iran talks, ceasefire extension

Oil prices dipped Wednesday after an initial Asian surge, as traders weighed US-Iran peace talk uncertainties following Washington's ceasefire extension. Disruptions in the Strait of Hormuz continue to fuel market anxiety. Geopolitical developments, including potential pipeline issues and upcoming US inventory data, are also influencing price movements, suggesting continued volatility.

Gold, silver prices decline in local market as global rates fall

Gold and silver prices extended their decline on Wednesday in the local market after the price of gold per ounce fell by $12 to $4,766 in the international market. According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), in local markets, the price of gold per tola decreased by Rs1,200 to Rs498,962, while the price for 10 grams of gold dropped by Rs1,029 to Rs427,779. Silver prices also declined. The price of silver per tola fell by Rs34 to Rs8,324, while the rate for 10 g...

World's biggest condom maker to raise prices due to Iran war

World's biggest condom maker to raise prices due to Iran war11 minutes agoShareSaveAdd as preferred on GoogleOsmond ChiaBusiness reporterReutersKarex CEO Goh Miah KiatThe boss of the world's biggest condom maker, Karex, says the firm will raise its prices by up to 30% or possibly more if the Iran war continues to disrupt supplies of the raw materials used in its products.Karex's chief executive Goh Miah Kiat told media outlets that production costs have risen sharply since the sta...

Secondhand clothing shopping spikes as Americans look to spend less and save money

NewsWorldAmericasSecondhand clothing shopping spikes as Americans look to spend less and save moneyShoppers are not only buying from secondhand retailers more but are also spending less on each purchaseRachel Dobkin in New York Wednesday 22 April 2026 04:28 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":t...

कर्ज में डूबा वन8 कम्यून, व‍िराट कोहली ने तोड़ा नाता... कोर्ट के आदेश से लगा ताला

KSE-100 sheds over 500 points at midday amid geopolitical jitters

The Pakistan Stock Exchange (PSX) displayed a fragile and indecisive tone on Wednesday, reflecting heightened geopolitical uncertainty and cautious investor sentiment. The benchmark KSE-100 index opened under pressure, setting a jittery tone early in the session. Intra-day movement remained volatile, with the market briefly recovering 119.24 points (+0.07%) around 11:34am after an earlier dip of 135.08 points (-0.08%) at the open. Read: PSX gains trimmed as profit-taking limits early rally to...

Vietnam Taxi Firm GSM Expects to Hold IPO in 2028, Founder Says

Vietnam’s ride-hailing taxi Green & Smart Mobility JSC, which is owned by the country’s richest man, plans an initial public offering in the second half of 2028, according to founder Pham Nhat Vuong.

Oil Holds Advance as Trump Extends Truce But Maintains Blockade

President Trump says the US would not launch fresh attacks on Iran but will keep blocking ships linked to the Islamic Republic until “discussions are concluded, one way or the other.” Bloomberg's Stephen Stapczynski has more. (Source: Bloomberg)

Rugby Australia ‘resets finances, restores pride’ after posting $100m turnaround

Organisation goes from $37m deficit to $70m profit in 12 monthsRecord operating surplus largely thanks to successful Lions tour Supporters of the British and Irish Lions have given Rugby Australia a financial launchpad ahead of the men’s and women’s World Cups, driving a record $70.6m surplus in 2025.The result, helped by strong attendance at the three Lions matches and a full calendar of Tests, reverses the pain of the previous period, when RA recorded a $37m deficit. Continue reading...

نخست‌وزیر استرالیا: دنباله اقتصادی جنگ ایران با طولانی شدن درگیری، بزرگ‌تر خواهد شد

آنتونی آلبانیزی، نخست‌وزیر استرالیا گفت با طولانی شدن جنگ ایران، پیامدهای اقتصادی آن گسترده‌تر می‌شود و اختلال در تنگه هرمز بر زنجیره تأمین و انرژی اثر می‌گذارد. او از تأمین ۲۰۰ میلیون لیتر گازوئیل اضافی خبر داد و تاکید کرد دولت برای کاهش تبعات جنگ بر استرالیا اقدام می‌کند.

How Mideast War Is Affecting SE Asia Investment Flows

CGS International Group CEO Carol Fong says investors are pausing risk‑taking amid the Middle East conflict, but capital continues to flow into Southeast Asia, with Singapore seeing the strongest inflows. Speaking to Bloomberg, Fong also discussed the firm’s new private equity vehicle targeting opportunities along the China‑ASEAN corridor. (Source: Bloomberg)

China hit harder than US by West Asia war, says ex-IMF chief economist

China hit harder than US by West Asia war says exIMF chief economist

Oil falls, stocks mixed as traders weigh outlook after Trump extends truce

With the two-week truce in its final hours, the US president said he would push the deadline back indefinitely following a request from mediator Pakistan and stressing the need to give Tehran's "fractured" leadership time to form a proposal. He had previously indicated he would not extend the truce and warned he would resume bombing the Islamic republic when it expired. "I have... directed our Military to continue the Blockade and, in all other respects, remain ready and abl...

Lufthansa cuts 20,000 flights as fuel prices soar and travel crisis deepens

Lufthansa cuts 20,000 flights as fuel prices soar and travel crisis deepens'In total, 20,000 short-haul flights will be removed from the schedule through October, equivalent to approximately 40,000 metric tonnes of jet fuel', the airline announcedCommentsNewsRachel Vickers-Price UK and World News Reporter03:38, 22 Apr 2026Updated 03:42, 22 Apr 2026View 3 ImagesMajor airlines have axed flights due to the conflict in Iran causing jet fuel prices to skyrocket(Image: AP)European airline Lu...

Europe's most valuable company is laying off 1,700 employees: These are the jobs that will be cut

Dutch chip giant ASML is cutting 1,700 jobs, primarily management roles, to streamline operations and boost engineering focus amidst record revenues. This move, impacting about 4% of its workforce, aims to flatten its organizational structure and create new engineering positions. However, the decision has sparked employee protests and union criticism, citing the company's substantial profits and planned share buybacks.

UK targets 10GW solar-wind buildout on public land to cut gas from power bills

The United Kingdom is accelerating a sweeping clean-energy expansion, recording a bumper wind power output in the first quarter of 2026, as per government data.The green energy drive is aimed at shielding households from volatile natural gas prices that have driven up electricity bills amid global supply shocks tied to the war in Iran.On Tuesday, the Labour government unveiled measures designed to weaken the long-standing link between gas prices and electricity costs by rapidly boosting homegrow...

RBI updates e-mandate rules for transactions over Rs 15,000. Check details

RBI updates emandate rules for transactions over Rs Check details

Govt invites bids from financiers as it eyes more borrowing

• Seeks proposals from global consortiums to act as underwriters, lead managers, book runners• Selection based on lowest yield, cost, coupon• Timing of future issuances tied to market conditions ISLAMABAD: A day after raising $750 million through a Eurobond at an interest rate of 6.975 per cent for three years, the government on Tuesday invited bids from international consortiums to act as underwriters, lead managers and book runners for future transactions in global capital markets over the nex...

India, US seek greater clarity on trade issues

The Indian negotiating team, led by Additional Secretary Darpan Jain, met US negotiators led by Assistant US Trade Representative Brendan Lynch to begin talks.| India News