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Wednesday, 28 October 2026 Reading Room

Finance & Markets

Oil Prices Climb as Houthi Attacks Reignite Saudi Supply Fears

Oil prices climbed in early Asian trade on Wednesday as renewed Houthi attacks on Saudi Arabia reignited supply fears in the region. Falling inventories and reports that the U.S. is preparing for a new military campaign against Iran after the midterm elections added to the upward momentum. At the time of writing, Brent oil futures were trading at $115.70 per barrel, up1.62% on the session, while…

oilprice.com ·

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Pakistan Petroleum Ltd earns Rs99bn profit, makes 11 discoveries

KARACHI: Pakistan Petroleum Ltd (PPL) posted profit after tax of Rs99 billion and recorded its highest-ever collections of Rs284bn in FY26. This was disclosed at PPL’s 75th annual general meeting on Tuesday, attended by a large number of shareholders who approved the financial statements for FY26 along with the auditors’ and directors’…

·dawn.com

Foreign currency deposits rise to fresh record high in September

Foreign currency deposits in Korea rose to a fresh record high in September, driven by a sharp increase in dollar savings, central bank data showed Wednesday. Outstanding foreign currency-denominated deposits held by residents stood at $154.7 billion at the end of September, up $14 billion from a month earlier, according to findings by…

·koreatimes.co.kr

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