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Fortescue Ltd.’s full-year profit fell despite buoyant iron ore prices as China’s property slowdown and negotiations with the country’s state-backed buyer persisted.
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Pakistan’s external account has started the new fiscal year on a manageable footing. The current account deficit stood at USD328 million in July, broadly in line with expectations and still modest relative to the size of the economy.
ISLAMABAD: The government has moved to unlock greater domestic and foreign long-term capital by developing a National Private Equity Policy Framework to strengthen Pakistan’s private equity ecosystem, ease regulatory and tax hurdles, and create a pipeline of bankable investment opportunities.
KARACHI: The Board of Directors of Soneri Bank Limited, in their 217th meeting held in Karachi on Wednesday, approved the Bank’s financial statements of the half year ended 30 June 2026. The Bank’s stable performance across all functional areas underscores its operational robustness and resilience that was achieved despite a challenging…
The Aussie Dollar advances on Wednesday, up over 0.56%, as the US Dollar registers losses amid the US Treasury bond buyback and despite the release of hawkish Federal Reserve minutes from the July meeting. The AUD/USD trades at 0.7127.
The Ukrainian government has suspended the supervisory board chair of the state-owned Sense Bank and has sought to suspend the bank’s chief executive, Prime Minister Sergii Koretskyi said on Aug. 19.
AI software revenue grew 25% despite overall quarterly decline from customer inactivity.
