Asia stocks fall as rising yields, oil weigh on risk appetite; RBA decision ahead
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Stocks drift lower on geopolitical tensions
KARACHI: The Pakistan Stock Exchange (PSX) opened the week on a bearish note as elevated oil prices, amid a stalemate in US-Iran talks to end the war, continued to push up energy import costs, adding to inflationary pressures and fuelling uncertainty about the economic outlook.
Stocks drop, oil rises as Hormuz hopes fade
Hopes for an easing of Middle East tensions were dashed at the weekend when Donald Trump rejected Iran's offer for a seven-day truce.
Money Market Operations as on September 28, 2026
(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS @ --> Money Markets @ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 7,42,309.96 5.06 4.00-5.40 I.
Global Automakers’ Operating Profits Plunge 63%
A growing trend of “selling more but keeping less” is becoming increasingly evident in the global automotive market. While vehicle sales and revenue have edged upward, profits have fallen to less than half their previous levels amid heavy investment in future technologies and intensifying global com
- Global automakers' operating profits plunge 63%, from 7.9% to 2.3%
- Heavy investment in EVs, ADAS, AI driving profitability decline
- Chinese automakers' aggressive expansion and tariff policies exacerbate competition