Photo: The New York Stock Exchange building (file image)
Business & FinanceWall Street rallies after Democratic midterm sweep as Dow jumps more than 1,300 points
US stocks surged on November 4 as investors welcomed the end of midterm uncertainty, with the Dow rising about 2.5 per cent, even as data-centre and AI-linked shares came under pressure over tighter regulation fears.
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: 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: A person holding a physical Bitcoin coin
Business & FinanceBinance resumes withdrawals in phases after $6.3 billion hack, saying 95% of stolen assets are now covered
Binance has reopened withdrawals in phases on Sunday, starting with Bitcoin, after covering about 95% of the $6.3 billion stolen in its 29 October security breach, with users warned of possible delays as traffic surges.
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: Oil pumpjacks in an oil field
Business & FinanceOil prices head for fourth straight monthly gain as Hormuz tanker attack sharpens supply fears
Brent crude rose 2.4 percent on Friday to 117.64 dollars a barrel, its highest close since late April, putting oil on course for a fourth consecutive monthly gain as traders brace for escalation in the Iran war.
Photo: Cryptocurrency coins
Business & FinanceBinance sets aside more than $6.34 billion to cover record hack losses as FBI joins recovery effort
Binance said on Friday it has reserved more than $6.34 billion in company funds to cover losses from the record $6.3 billion hack, with about $3 billion already frozen, as US law enforcement joined the effort to trace the stolen crypto. Figures checked at about 9:50 pm PKT on Friday, 30 October 2026.
Photo: Bank of Japan head office in Tokyo
Business & FinanceBank of Japan holds rates at 1.25% but speeds up sales of its stock holdings
The Bank of Japan kept its key rate at 1.25% on Friday in an 8-1 vote, while unanimously deciding to more than double the pace at which it sells its exchange-traded fund holdings from January 2027. Figures checked at about 3:55 pm PKT on Friday, 30 October 2026.
Photo: Oil pumpjacks
Business & FinanceOil heads for fourth straight monthly gain as Brent tops $115, while gold slips back below $4,000
Brent crude climbed above $115 a barrel on Friday, on course for a fourth consecutive monthly gain, as tanker attacks and missile interceptions around the Gulf kept supply risks high, while gold slipped back below $4,000 an ounce. Figures checked at about 2:30 pm PKT on Friday, 30 October 2026.
Photo: Gold bars and bullion
Business & FinanceBitcoin, gold and the dollar on edge as markets count down to the Fed's December meeting
Bitcoin is nursing losses below $79,000, gold is struggling at the $4,000 line and the dollar is near its 2026 high as traders price in another possible US rate hike at the Federal Reserve's December meeting.