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PPL plans $40mn deep drilling at Sui: report
Pakistan Petroleum Limited (PPL), one of the country’s largest E&P companies, plans to drill a 6,000-metre exploratory well at its Sui field in fiscal year 2027-28,…
Read at Business Recorder
PSX: KSE-100 crosses 180,000 level as buying continues
After observing selling pressure in the opening minutes, stocks rebounded at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 800 points…
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Lamborghini says Middle East deliveries have returned to normal
SANT’AGATA BOLOGNESE: Italian sports car manufacturer Lamborghini said that the conflict in the Middle East was no longer disrupting deliveries to the region, but the…
Read at Business Recorder
Coal’s new world order takes shape
Coal’s changing trade map is creating winners and losers across dry bulk shipping in 2026, with Indonesian exports retreating, southern African shipments setting records…
Read at Splash247
Palm gains over 2% on firmer soyoil, softer stock build
KUALA LUMPUR: Malaysian palm oil futures rose more than 2% on Wednesday, snapping six sessions of losses, supported by firmer soyoil and key industry data that showed…
Read at Business Recorder
India bonds slips as Treasury rout offsets oil slide
MUMBAI: Indian government bonds fell on Wednesday as a US Treasury selloff following hotter-than-expected inflation data outweighed relief from lower oil prices. The…
Read at Business RecorderSennder secures new €228m funding round
PRESS RELEASE Wednesday, Nov 11, 2026 sennder secures €228 million in new financing to accelerate profitable growth across Europe Institutional financing from three…
Read at The Loadstar
Oil rebounds as Hormuz shipping attacks blunt hopes for Iran truce
SINGAPORE: O il prices rose on Wednesday from the previous session’s two-month lows , as the market swung between hopes for a de-escalation in the US-Israeli war on Iran…
Read at Business Recorder
Ukrainian drones strike major Russian Baltic export port
Ukraine has launched a major drone attack on Russia’s Baltic port of Ust-Luga, setting fire to port infrastructure, injuring three workers and disrupting power supplies.…
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Kenya central bank to hold next interest rate-setting meeting on December 9
NAIROBI: Kenya’s central bank will hold its next interest rate-setting meeting on December 9, the bank said on its website on Wednesday. At its last monetary policy…
Read at Business RecorderHapag’s standalone Asia-Mexico string adds another spoke to Gemini hub network
Hapag-Lloyd has presented AMX, its new Asia–Mexico service, as standalone: its own ships; its own rotation of Ningbo-Qingdao-Busan-Ensenada-Manzanillo-Lázaro…
Read at The Loadstar
China, Hong Kong shares ease as global rate concerns weigh
HONG KONG: China stocks edged lower and Hong Kong shares fell on Wednesday , as investors weighed renewed global rates concerns against domestic market stabilization…
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Hormuz tanker attacks mount
The maritime security crisis around the Strait of Hormuz has taken another dangerous turn, with two tankers attacked yesterday and Iran claiming that three vessels have…
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Yuan holds steady as PBOC eases guidance, dollar firms
HONG KONG: China’s yuan was little changed against the dollar on Wednesday after the central bank set a weaker daily midpoint, with bolstered expectations of further US…
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Maritime coalition targets 20% electrification by 2035
More than 30 maritime organisations have joined forces at the COP31 climate summit in Turkey to push for electricity to account for at least 20% of international…
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China Merchants revives another shipyard
China Merchants is moving to take control of the long-dormant Quanzhou Shipyard in Fujian province, the latest in a string of yard revivals that has seen China’s…
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Panama Canal turns the taps back on
The Panama Canal has raised its daily transit capacity to 34 vessels and increased the maximum allowable draft for neopanamax ships to 50 ft, marking another significant…
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Soft sentiment surveys sink Aussie dollar to seven-month low
SYDNEY: The Australian dollar was pinned to a seven-month low on Wednesday and trailing peers as grim economic surveys reinforced bets that local interest rates have…
Read at Business Recorder
Australian shares tick down as miners slip, banks limit losses
Australian stocks edged lower on Wednesday , as gains in financials were eclipsed by a more than 2% drop in heavyweight mining stocks as base metal prices remained weak.…
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Soybeans dip as market weighs tighter US stocks against broader supply outlook
CANBERRA: Chicago soybean futures edged lower on Wednesday as traders weighed whether a US Department of Agriculture report that unexpectedly forecast tighter US…
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Cathay Pacific orders 14 Airbus aircrafts to expand its fleet
Hong Kong flagship carrier Cathay Pacific said on Wednesday it has exercised its purchase rights for 14 more regional widebody and narrowbody Airbus aircraft as part of…
Read at Business Recorder
Japan's Nikkei rises for third day as data, earnings fuel AI optimism
TOKYO: Japan’s Nikkei share gauge climbed for a third straight session on Wednesday , as data and earnings reports restored some optimism to the battered AI sector. The…
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Gold edges higher after sharp selloff, Fed hike bets weigh
Gold prices edged higher on Wednesday after a nearly 3% slide in the previous session, but gains were limited as stronger-than-expected US inflation data cemented…
Read at Business Recorder
Shipping heavyweights back Cetus $175m Oslo listing
Hong Kong-based dry bulk owner Cetus Maritime has lined up some of shipping’s biggest investment names for a $175m private placement ahead of its planned Oslo listing…
Read at Splash247
OGDCL discovers hydrocarbon reserves in Sindh's Khairpur
Oil & Gas Development Company Ltd (OGDCL), one of Pakistan’s largest E&Ps, has made a gas and condensate discovery at its Bitrisim Northwest-1 exploratory well in…
Read at Business Recorder
MSM: Shipmanagement’s next advantage will be trust not size
Consolidation is reshaping shipmanagement, but Faouzi Fradi, chief executive of MSM, does not believe getting bigger has to mean becoming more distant from owners,…
Read at Splash247
Remittances increase 14pc to $14.8bn in four months
KARACHI: Workers’ remittances increased by 13.8 per cent year-on-year in October, taking cumulative growth to 14pc in the first four months of FY27 and putting inflows…
Read at Dawn Business
Behind Pakistan’s economic imbalances is a system that rewards privilege over productivity
https://www.dawn.com/news/2043716/hidden-cause-of-economic-imbalances
Read at Dawn Business
Oil relief to revive rupee rally, US yields surge could act as brake
MUMBAI: The Indian rupee is set to resume its recent rally on Wednesday , drawing support from softer oil prices , while a jump in US Treasury yields after inflation…
Read at Business Recorder
Dollar gains traction as Fed speakers warn of risks from inflation
SINGAPORE: The dollar held gains near a two-week high in early Asian trade on Wednesday as a hotter-than-expected inflation report and hawkish comments from Federal…
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Bonds reel as hot inflation fuels jumbo Fed hike fears
SYDNEY: Global bonds tumbled and the dollar stayed firm after a hot US inflation print and hawkish central bank rhetoric raised the risk of an outsized half-point rate…
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Indian stocks poised for higher open on softer crude, robust foreign buying
Indian shares were expected to open higher on Wednesday after a holiday break , supported by a sharp drop in crude oil prices and strong foreign fund inflows. GIFT…
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Cadeler lines up three vessels for UK offshore wind project
Danish offshore wind contractor Cadeler has signed an exclusivity agreement with an unnamed client for foundation and turbine installation work at a large-scale offshore…
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Development spending just 10.4pc of annual allocation in first four months of FY27, despite budget surplus
https://www.dawn.com/news/2043633
Read at Dawn Business
RWE and KKR close $16bn UK offshore wind investment
German energy group RWE and US investment firm KKR have reached financial close on two major UK offshore wind projects involving a combined investment of around £12bn…
Read at Splash247
Millers demand market-driven wheat policy, targeted subsidy
LAHORE: The Progressive group of the Pakistan Flour Mills Association (PFMA) has urged the government to adopt a market-driven wheat policy and replace untargeted flour…
Read at Dawn BusinessHeadlines and summaries are sourced from their original publishers and link out to the full article. TheSolution360 does not host or claim ownership of this content.
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