🗞 All News — Day by Day
Iran's economic planners are considering a $130 per barrel oil price scenario for their upcoming budget, while 50 tankers remain stuck in the Gulf.
Pakistan
Around 51,000 metric tonnes of imported wheat arrived at Karachi Port, with another 599,000 tonnes expected, bolstering Pakistan's food security.
Pakistan
PM Shehbaz Sharif highlighted AI and digitisation as key to Pakistan's development, trade, and exports, urging effective implementation of the Alibaba partnership.
USA
A bipartisan group of US lawmakers has warned American banks and port authorities against facilitating Russian diesel imports, citing potential legal action.
USA
Iran dismissed a new Qatari-brokered peace proposal to end its conflict with the US and Israel, signaling prolonged regional instability and potential oil supply risks.
Saudi
Saudi Arabia's shipping firm Bahri reported a tenfold jump in Q3 net profit to $1.36 billion, driven by surging tanker rates during the global oil and shipping crisis.
Bybit's World Series of Trading (WSOT) is back, offering a massive prize pool of up to 10 million USDT, drawing global crypto traders.
Pakistan
Global mining tech firm Weir is in talks with Pakistan for long-term collaboration and investment in its minerals sector, aiming to boost economic development.
Norwegian energy major Equinor reported a threefold increase in Q3 adjusted net income, driven by robust oil and gas prices and higher production.
Pakistan
Pakistan's textile industry urges FBR to keep Karachi's Central Appraising Unit and review the faceless customs system, citing significant clearance delays and rising costs.
USA
Oil traders are preparing for potential Middle East hostilities after the US midterm elections, which could significantly impact crude prices.
Pakistan
Impact on Gold Pakistan's gold market saw a significant gain of Rs3,500 per tola, reaching Rs425,636, mirroring a $35 increase in international prices.
Previously sanctioned oil tankers are now being delisted and repurposed to transport crude from the Middle East, increasing shipping capacity.
USA
Impact on Gold Bitcoin surged to nearly $81,000, driven by a broad tech rally and increased investor risk appetite, with a key Fed meeting awaited.
Pakistan
Impact on Gold Pakistan's gold market saw a significant drop of Rs1,300 per tola today, even as global oil prices rose, with investors keenly awaiting the upcoming Fed decision while the rupee showed a slight apprec
USA
Impact on Gold Indian government bonds are expected to open flat as markets await the US Federal Reserve's policy decision, while Brent crude trades near $115 amid Middle East disruptions.
Pakistan
24K gold is Rs 418,700 per tola (Rs 358,968 per 10 grams) in Pakistan on Wednesday 28 October 2026, confirmed by the Rawalpindi–Islamabad sarafa at 9:26 AM PKT.
Malaysian palm oil futures gained after two sessions of losses, driven by stronger crude oil prices and firmer Dalian soyoil.
USA
Impact on Gold The US dollar holds steady as markets await a Federal Reserve policy decision, while Asian stocks rallied on AI enthusiasm.
USA
Impact on Gold China's yuan held firm against the US dollar as markets awaited the Federal Reserve's policy decision for clues on future interest rates.
USA
Impact on Gold Industrial metals rise amid supply concerns and a broad risk-on market sentiment, with traders also closely watching the US Federal Reserve's upcoming rate decision.
The New Zealand dollar tumbled after its central bank unexpectedly held interest rates, contrasting with a hawkish Australian central bank outlook.
Pakistan
Impact on Gold The Pakistan Stock Exchange gained over 1,400 points as investors reacted positively to a smaller-than-expected SBP rate hike and easing geopolitical tensions.
Oil futures fell over $2 a barrel as traders focused on Middle East peace talks, despite ongoing regional conflicts, with Brent at $113.72 and WTI at $99.83.
USA
Pentagon estimates US war costs in Iran have surged to over $47 billion, exceeding projections and impacting global energy markets and political sentiment.
Saudi
Oil prices rose after Houthi rebels attacked Saudi Arabia's largest refinery, renewing concerns over Middle East crude supply risks.
USA
Impact on Gold The US dollar maintained a two-week high as markets anticipate the Federal Reserve to hold interest rates, with DXY reaching 102.40.
Pakistan
SBP's aggressive dollar purchases have significantly increased foreign exchange reserves to $21.5B and stabilized the rupee, aiming for $25B by Jun 2027.
Khyber Pakhtunkhwa's ruling setup informed the ECP that local government elections cannot be held due to ongoing unrest and the imposition of emergency and governor's rule.
Pakistan
Pakistan's government and Jamat-e-Islami agreed to form a six-member committee to recommend expanding petrol relief and exploring a phased reduction in the petroleum levy.
Pakistan
Impact on Gold Pakistan's National Assembly reaffirmed support for IIOJK; Finance Secretary defended SBP's 12% policy rate hike as crucial for curbing inflation and stabilizing the economy.
Pakistan
SDPI's flagship conference from Nov 2-5, 2026, will focus on "Rethinking Development" with themes including Pakistan's economy, debt, and fiscal policy.
USA
The US civilian economy faces significant vulnerability due to its reliance on China for rare earth magnets, with potential disruptions impacting 34 sectors.
Pakistan
TDAP announced strategies to boost Pakistan's exports via value addition and digital trade, while KCCI called for a China FTA review and blue economy focus.
Pakistan
Impact on Gold Pakistan Hosiery Manufacturers & Exporters Association (PHMA) expresses strong concern over SBP's 50bps policy rate hike to 12%, fearing adverse effects on textile exports.
Pakistan
Impact on Gold Pakistani business leaders strongly oppose the State Bank's decision to raise the policy interest rate by 50 basis points to 12%, warning of increased business costs and stifled growth.
Pakistan
Business leaders call for direct cargo, easier banking, and FTA with Maldives to increase bilateral trade from $13.4M to $200M in two years.
Pakistan
Pakistan's government plans to replace the existing 200-unit power tariff system with a targeted subsidy model, aiming to benefit only deserving consumers.
USA
Americans are shouldering the largest share of global energy price inflation, totaling $160 billion, stemming from the Middle East conflict.
USA
India's Reliance Industries is open to US collaboration in energy, signalling a potential shift in global oil dynamics and a counterpoint to China.
Turkey and Libya's unified ratification of a maritime boundary deal between Crete and Cyprus creates uncertainty for oil exploration and regional energy interests.
USA
US crude oil inventories dropped by 2.031 million barrels last week, defying analyst forecasts, following a 4.93 million barrel decline previously.
Analysts forecast the global diesel crunch will continue until 2027 due to Middle East conflict and damaged Russian refineries, keeping supply limited.
Russia's crude exports from western ports are projected to fall by up to 200,000 bpd in November due to increased domestic diesel production.
Pakistan
Pakistan's government has revised fuel prices for October 28, cutting petrol by Rs3.19 per litre to Rs376.06 and increasing high-speed diesel by Rs2.25 to Rs398.07.
Europe
Saudi Aramco is offering discounted crude to European refiners for October/November, signaling export recovery after a pipeline attack disrupted earlier contracts.
Saudi
Brent crude holds near $115 as escalating Iran war tensions and Saudi-Houthi hostilities keep oil markets on edge, with maritime attacks in the Strait of Hormuz intensifying.
Pakistan
24K gold is Rs 418,628 per tola (Rs 358,906 per 10 grams) as of 9:13 PM PKT on 27 October 2026.
Pakistan
Pakistan's government has set a 120-day deadline to develop a roadmap for expanding shrimp farming and boosting exports, aligning with its export-led growth agenda.
Saudi
Yemen's Houthis claim a ballistic missile strike on Saudi Arabia's defence ministry in Riyadh, though Saudi authorities reported intercepting two missiles.
