اقتصاد

OCBC Is Said to Emerge as Lead Bidder for HSBC Indonesia Assets

Oversea-Chinese Banking Corp. has emerged as the preferred bidder to buy HSBC Holdings Plc’s retail assets in Indonesia, people familiar with the matter said, as the Singaporean lender seeks to boost its presence in Southeast Asia’s largest economy.

Investors Should 'Look Under the Hood' of Markets: IG International

IG International's Fabien Yip says that while the stock market "is striking new highs," it's important for investors to "look under the hood" as some corporate earnings and news "could potentially give a shock to the rally that we're seeing." (Source: Bloomberg)

Iran war exposes cost of Asia’s fossil fuel reliance

• Forces Bangladesh into costly spot market due to loss of LNG contracts• Solar expansion cuts Pakistan’s fuel import bill by billions over four years• Analysts urge faster global shift to clean power for reducing price shocks DHAKA: As a second major energy shock in four years roils global markets, the contrasting experiences of Pakistan and Bangladesh are underscoring the severe costs for emerging market countries that rely on fuel imports and making a powerful case for a shift toward cleaner...

Australia’s Treasurer Flags Inflation Risk Before Budget

Australian Treasurer Jim Chalmers tells Bloomberg TV that the global economy faces a “really dangerous moment” as the Middle East conflict threatens to accelerate inflation and drag on activity. (Source: Bloomberg)

Oil prices today: Crude falls in early trade on hopes of easing Middle East conflict

Oil prices dipped as hopes for a Middle East peace deal surged following a ceasefire and potential US-Iran talks. While a temporary agreement might be close, concerns over significant supply disruptions from the Strait of Hormuz closure persist. Experts anticipate continued price volatility until lasting peace and open trade routes are restored.

Spirit Airlines could go out of business TONIGHT as panicked passengers fear being left stranded at airports across the US

Spirit Airlines could go out of business TONIGHT as panicked passengers fear being left stranded at airports across the USSign up for our US Editor's Picks newsletter to get all the biggest exclusive stories By ELIOT FORCE, US NEWS REPORTER Published: 03:36, 17 April 2026 | Updated: 03:43, 17 April 2026 e-mail View comments

PSX surges over 2,400 points in midday trading

The Pakistan Stock Exchange (PSX) maintained bullish momentum on Friday as the benchmark KSE-100 Index surged over 2,400 points in midday trading. The index climbed to around 172,365 points, marking a gain of approximately 2,453 points, or 1.42%, from the previous day’s close of 169,911.95. It touched an intra-day high of 173,444.89 and a low of 170,758.25, reflecting strong buying interest across the board. Trading activity remained robust, with total volume exceeding 330 million shares...

Rs 20 fake electricity bill, Rs 1.99 lakh cyber fraud, apex consumer body orders SBI to pay up

The national consumer commission was hearing a second appeal filed by the State Bank of India (SBI) challenging the Karnataka State Consumer Commission’s May order directing refund of Rs 1.99 lakh along with compensation.

रोल्स-रॉयस में 'शाही चाय' बेचने का एक्सपेरिमेंट वायरल, कमाई से ज्यादा खर्च

Credit Growth to Lift India Bank Profits Despite Likely FX Losses

Strong credit growth should have kept fourth-quarter numbers healthy at Indian banks including HDFC Bank Ltd. and ICICI Bank Ltd., though earnings may have been dented by trading losses linked to the central bank’s rupee derivatives curbs.

Not just English, Khasi and Garo languages will be ‘official’ too in Meghalaya

Chief Minister Conrad Sangma announces approval of Meghalaya Official Languages Ordinance, 2026, by state Cabinet

کمیته بین‌المللی نجات: آتش‌بس باید فرصتی برای محافظت از غیرنظامیان و برقراری صلح باشد

کمیته بین‌المللی نجات از آتش‌بس اسرائیل و لبنان استقبال کرد و آن را فرصتی حیاتی برای غیرنظامیان دانست. به گزارش ان‌بی‌سی، از آغاز جنگ در مارس بیش از ۲۱۰۰ نفر در لبنان کشته و بیش از یک میلیون نفر آواره شده‌اند. این نهاد بر خویشتن‌داری طرفین و تداوم کمک‌های بشردوستانه تاکید کرد.

Major refinery fire won't lead to fuel rationing, Australian PM says

Major refinery fire won't lead to fuel rationing, Australian PM says58 minutes agoShareSaveAdd as preferred on GoogleTiffanie TurnbullSydneyGetty ImagesPrime Minister Anthony Albanese visited the damaged refinery on FridayFuel production at a critical Australian oil refinery has significantly dropped after a major fire but tougher restrictions will not be introduced, the country's prime minister has said.Viva's Corio refinery, near Geelong, is one of only two in Australia, which h...

Finance ministers and top bankers raise serious concerns about Mythos AI model

Finance ministers and top bankers raise serious concerns about Mythos AI modelJust nowShareSaveAdd as preferred on GoogleFaisal IslamEconomics editorNurPhoto via Getty ImagesFinance ministers, central bankers and financiers have expressed serious concerns about a powerful new artificial intelligence (AI) model that could undermine the security of financial systems.The development of the Claude Mythos model by Anthropic has led to crisis meetings, after it found vulnerabilities in every major ope...

Manycore, one of Hangzhou’s ‘Six Little Dragons’, surges on Hong Kong IPO debut

Manycore Tech, a design software developer hailed as one of Hangzhou’s “Six Little Dragons”, made its trading debut in Hong Kong on Friday, with shares rising 172 per cent at the open, as the company positions itself at the intersection of artificial intelligence and the physical world. The company’s shares opened at HK$20.70 (US$2.64), rising 172 per cent versus the offer price of HK$7.62. The firm raised HK$1.09 billion from its initial public offering (IPO). On the grey market on Thursday,...

Trade data frames turbulent year, underlines challenge

The  year 2025-26 was full of turmoil. Beginning with the imposition of reciprocal tariffs by US President Donald Trump and ending with the conflict in West Asia, global trade faced significant disruptions. It was also a year in which China recorded a trade surplus of $1.2 trillion (2025) as the exp...

Trump defends economic policies, casts aside ‘fake inflation’ amid Iran war

President Trump defended his administration’s economic policies at an event in Las Vegas on Thursday amid rising energy costs resulting from the U.S.’s conflict with Iran.  Trump cast doubt on a recent Labor Department report that showed a 0.9-point hike in inflation last month. This was the highest consumer price spike in nearly four years,…

PM Shehbaz meets Turkish FM in Antalya ahead of diplomacy forum

Prime Minister Shehbaz Sharif on Friday held an early meeting with Turkish Foreign Minister Hakan Fidan shortly after landing in Antalya on Thursday, who thanked him for participating in the upcoming Antalya Diplomacy Forum, saying President Recep Tayyip Erdoğan looked forward to meeting the Pakistani premier on the sidelines of the event, according to a statement by the Prime Minister's Office (PMO). According to a statement issued by the PMO, Fidan called on the premier upon his arri...

Ukraine war briefing: €90bn EU loan for Ukraine to be released in second quarter

EU economy commissioner says Iran war is feeding Russia’s war machine; Trump condemns massive strikes on Ukraine. What we know on day 1,513The EU expects to start releasing a new €90bn loan to Ukraine in the second quarter, the bloc’s economy chief told AFP on Thursday. The EU’s economy commissioner, Valdis Dombrovskis, was speaking on the sidelines of the International Monetary Fund and World Bank’s spring meetings, which brought finance ministers, central bankers and other leaders to Washingto...

UAE revises tax penalties: 5 changes businesses must know

Dubai: The UAE has introduced sweeping changes to tax penalties, cutting fines and revising how violations are handled, with the Federal Tax Authority positioning the move as a step towards easing compliance and encouraging businesses to correct past errors.Sign up for our daily business newsletter, Cheques & Balances.The amendments, now in force, revise administrative penalties linked to VAT, excise tax and broader tax procedures, with several fines reduced and calculation methods adjusted.Get...