Photo: Gold bars (file image)
Business & FinanceGold jumps Rs13,900 per tola in Pakistan to Rs426,036 as international prices cross $4,000 an ounce
Gold prices in Pakistan rose by Rs13,900 per tola on 4 November 2026 to Rs426,036, with 10-gram gold at Rs365,257 and silver also higher, following a $139 rise in the international price to $4,035 an ounce.
Photo: A refinery in Jubail, Saudi Arabia (file image)
Business & FinanceSaudi Aramco profit jumps 34.5% to $36.3 billion in third quarter despite attacks on its facilities
Saudi Aramco reported a 34.5 per cent rise in third-quarter net profit to $36.25 billion on Tuesday, helped by higher oil prices and a gain from selling its stake in a Malaysian refining venture, even as attacks on energy infrastructure continued during the Middle East war. Figures checked on Tuesday afternoon, 3 November 2026 (Pakistan time).
Photo: Gold bangles on display (file image)
Business & FinanceUAE gold jewellery demand falls 29% in third quarter as high prices bite, even as global demand holds firm
Gold jewellery demand in the UAE fell 29 per cent year on year to 4.5 tonnes in the third quarter of 2026, one of the steepest declines of any major market, according to the World Gold Council, while total global demand slipped just 1 per cent to 1,369 tonnes.
Photo: The Reserve Bank of Australia building in Sydney (file image)
Business & FinanceAustralia's central bank raises cash rate to 4.85%, an 18-year high, in a split 6-3 vote
The Reserve Bank of Australia raised its cash rate by 25 basis points to 4.85% on Tuesday, its fifth increase of 2026, but a narrow 6-3 vote and a softer statement left markets betting the tightening cycle may be near its end. Figures checked on Tuesday afternoon, 3 November 2026 (Pakistan time).
Photo: A stock exchange building in India (file image)
Business & FinanceSensex jumps more than 800 points and Nifty crosses 23,650 as easing oil and tax hopes lift Indian markets
Indian shares extended their gains on Tuesday morning, with the Sensex rising above 76,500 and the Nifty 50 above 23,650, as easing crude prices, hopes of a capital-gains tax review and heavyweight buying lifted sentiment. Figures checked on Tuesday morning, 3 November 2026 (Pakistan time).
Photo: The People's Bank of China building in Beijing
Business & FinanceChina's central bank to raise foreign-exchange reserve ratio to 6% from 15 November to slow the yuan's rapid gains
The People's Bank of China said on Tuesday it will raise the foreign-exchange deposit reserve requirement ratio for financial institutions by two percentage points to 6% from 4%, effective 15 November, a move aimed at tightening dollar liquidity and slowing the yuan's gains. Figures checked on Tuesday morning, 3 November 2026 (Pakistan time).
Photo: The Korea Exchange building
Business & FinanceAsian stocks slide on Tuesday as chip sell-off deepens and Kospi drops more than 3%, while oil steadies after Monday’s plunge
South Korea's Kospi led Asia lower on Tuesday, falling more than 3% as a three-day rout in US chipmakers reached 12% and the Nasdaq 100 entered a technical correction, even as Indian markets pointed higher. Figures checked on Tuesday morning, 3 November 2026 (Pakistan time).
Photo: Apple Park in Cupertino, California, seen from above
Business & FinanceApple beats Wall Street expectations as iPhone sales hit a September-quarter record
Apple reported fiscal fourth-quarter revenue of $114.48 billion and earnings of $2.10 a share, beating analyst expectations on strong iPhone and Mac sales.
Photo: The New York Stock Exchange on Wall Street
Business & FinanceWall Street ends mixed as chip sell-off deepens and oil plunges more than 7% on Iran diplomacy hopes
The Dow rose 0.41% to 51,983.98 while the Nasdaq fell 1.07% to 25,164.32, as a technology sell-off erased early gains and Brent crude dropped $8.66 to $104.77 a barrel.
Photo: The Shanghai Stock Exchange building in Pudong
Business & FinanceChina’s central bank runs a 100-billion-yuan swap operation on Tuesday to steady stocks after their worst month in a decade
The People’s Bank of China will conduct bidding under its stock-support swap facility on Tuesday, with 31 firms applying for more than 100 billion yuan, after the CSI300 suffered its worst October since early 2016.
Photo: The headquarters of the People’s Bank of China in Beijing
Business & FinanceChina’s central bank shifts its policy anchor to the overnight rate at 1.25% in its first major framework change
The People’s Bank of China injected 541 billion yuan through overnight reverse repurchase agreements on Monday as it formally moved its main policy rate to an overnight lending rate, a change analysts said would ease funding conditions.
Photo: The New York Stock Exchange building
Business & FinanceUS stocks rebound on Monday as oil slides sharply on Iran diplomacy hopes, recovering part of Friday's tech sell-off
US stocks rose on Monday, with the Dow up about 490 to 547 points intraday and the S&P 500 and Nasdaq also higher, as Brent crude fell about 6 per cent on hopes of progress in talks over Iran.
Photo: Oil pumpjacks in an oil field
Business & FinanceOil falls more than 4% as hopes of progress in Iran talks ease fears of further supply disruption
Brent crude fell 4.2% to $108.64 a barrel and US crude fell 4.2% to $99.71 on Monday as Qatar-mediated talks on ending the US-Israeli war on Iran raised hopes that Middle East supply disruptions could ease.
Photo: The Abu Dhabi skyline
Business & FinanceWorld has drained nearly 1 billion barrels from oil stocks since Iran war began, ADNOC chief warns at ADIPEC
Global oil inventories have fallen by nearly 1 billion barrels since the US-Israeli war on Iran disrupted shipping through the Strait of Hormuz, ADNOC chief Sultan Al Jaber said on Monday at the ADIPEC energy conference in Abu Dhabi, warning that the world has eroded its supply buffers.
Photo: The Bombay Stock Exchange building in Mumbai
Business & FinanceSensex jumps more than 1,000 points and Nifty tops 23,300 as Reliance surge and falling oil lift Indian markets
Indian benchmark indices rallied sharply on Monday, with the Sensex jumping more than 1,000 points intraday and the Nifty 50 crossing 23,300, led by an 8 per cent surge in Reliance Industries after record quarterly profit and by crude oil falling towards $110 a barrel. Figures checked on Monday late morning, 2 November 2026 (Pakistan time).
Photo: A bitcoin transaction shown on a hardware wallet
Business & FinanceDollar holds steady before US midterms as bitcoin steadies after Binance's $6.3bn heist and $3.64bn outflows
The dollar held in a narrow range on Monday ahead of Tuesday's US midterm elections, while bitcoin steadied above $77,000 after Binance said customer withdrawals were stabilising following last week's record $6.3 billion heist. Figures checked on Monday morning, 2 November 2026 (Pakistan time).
Photo: An oil tanker at sea
Business & FinanceAsia's crude oil imports return to pre-war levels in October, but refined fuel supplies still lag, Kpler data shows
Asia imported 26.39 million barrels per day of crude oil in October, close to its pre-war average, but refined fuel imports remained 10 per cent below pre-war levels, according to Kpler data reported by Reuters. Figures checked on Monday morning, 2 November 2026 (Pakistan time).
Photo: Workers on a factory assembly line
Business & FinanceChina’s factory growth eases slightly in October but stays in expansion, private PMI shows
China’s RatingDog General Manufacturing Purchasing Managers’ Index edged down to 52.0 in October from 52.1 in September, beating a Reuters poll forecast of 51.6, as output rose at its fastest pace in six months even as export order growth slowed to a three-month low. Figures checked on Monday morning, 2 November 2026 (Pakistan time).
Photo: Inside the Tokyo Stock Exchange
Business & FinanceAsian shares slip on Monday as AI investment worries linger after Wall Street sell-off
Asian share markets slipped on Monday as doubts about the scale and returns of artificial intelligence spending weighed on technology stocks, after a sharp Wall Street sell-off on Friday, while oil prices eased on hopes for progress in Qatar-led talks on the US-Iran confrontation.
Photo: A BYD Seal electric car
Business & FinanceBYD extends sales growth streak in October as overseas shipments more than double
Chinese electric vehicle maker BYD sold 490,168 vehicles in October, up 11% from a year earlier, its sixth straight month of growth, as overseas shipments jumped 102.8% to 170,194 and offset weaker demand at home.
Photo: An oil refinery
Business & FinanceOPEC+ formally keeps December oil targets steady at about 31 million barrels a day, leaving the hard 2027 call for 29 November
OPEC+ confirmed on Sunday that its seven core producers will hold December output targets at September levels — Saudi Arabia at 10.478 million barrels a day and Russia at 9.949 million — as war disruption keeps most members pumping below target and Brent crude trades above $117 a barrel.
Photo: The Doha skyline in Qatar
Business & FinanceQatar surges 4.6% as Gulf markets slide on fears of renewed US–Iran conflict
Gulf stock markets fell on Sunday as investors braced for possible renewed conflict between the United States and Iran after Tuesday’s US midterm elections, but Qatar’s benchmark bucked the trend with its sharpest intraday percentage gain in more than eight years.
Photo: Faisal Mosque in Islamabad, Pakistan
Pakistan NewsPakistan assumes G-24 chairmanship, with Aurangzeb pledging a fairer, development-led global financial system
Pakistan assumed the chairmanship of the Intergovernmental Group of Twenty-Four on Sunday, with Finance Minister Muhammad Aurangzeb setting out three priorities — development-led growth, stronger representation for developing economies, and reform of the international financial architecture.
Photo: A Bitcoin symbol on a laptop keyboard
Business & FinanceBinance says 90% of stolen crypto replenished after record $6.3 billion hack, withdrawals due back on Sunday
Binance said on Saturday it has replaced 90 per cent of the cryptocurrency stolen in Thursday’s record $6.3 billion hack, up from 80 per cent in its previous update, with ten major tokens now fully backed and withdrawals on track to reopen on Sunday, 1 November.
Photo: A person holding a Bitcoin cryptocurrency coin
Business & FinanceFBI and Secret Service join Binance hack probe as Trump weighs North Korea link
US federal investigators are working with Binance to trace and freeze funds after the record $6.3 billion hack, as President Donald Trump said officials were still investigating whether North Korea was behind the theft.
Photo: The Nasdaq MarketSite screen in Times Square, New York
Business & FinanceNasdaq closes worst month since March 2025 as AI spending fears trigger sharp sell-off
The Nasdaq closed its worst month since March 2025 after a bruising final session in October, as investors questioned whether the huge sums being poured into artificial intelligence infrastructure will pay off quickly enough.
Photo: The New York Stock Exchange building in New York
Business & FinanceWall Street sell-off deepens as AI spending fears wipe billions off tech shares on Friday
The Nasdaq fell more than 3.8% and the S&P 500 dropped 2.5% on Friday in their worst day since June, as investors punished big technology companies over the returns on their enormous artificial intelligence spending.