JPMorgan Chase & Co. raised its target for Singapore stocks as robust economic growth and a narrowing valuation gap with developed-market peers bolster their outlook.
Pakistan’s fintech group Abhi is preparing to launch an initial public offering of its microlender this month, according to its founder, as it seeks to capitalize on the nation’s busiest year for listings.
Cooking oil manufacturer Agro Processors & Atmospheric Gases Ltd. is planning an initial public offering in Pakistan this month to finance a plant expansion, adding to a record year for listings in the country.
An Agro Processors plant. Agro Processors & Atmospheric Gases Ltd.
Telenor ASA is considering selling its controlling stake in its digital bank in Pakistan, people familiar with the matter said, a move that would mark its full exit from the South Asian nation.
The UK and France have finalized plans to lead a multinational mine-clearing mission in the Strait of Hormuz within days of an agreement between the US and Iran to reopen the waterway, according to people familiar with the matter.
GIBRALTAR, GIBRALTAR - MAY 22: A member of the Royal Navy works on mine hunting equipment on the RFA Lyme Bay in Gibraltar, a bay-class landing ship dock which is being upgraded by the Royal Navy to add new cutting-edge uncrewed equipment, allowing it to be used as a 'mothership' for autonomous systems, if needed for operations in the Strait of Hormuz.
The UK and France have finalized plans to lead a multinational mine-clearing mission in the Strait of Hormuz within days of an agreement between the US and Iran to reopen the waterway, according to people familiar with the matter.
GIBRALTAR, GIBRALTAR - MAY 22: A member of the Royal Navy works on mine hunting equipment on the RFA Lyme Bay in Gibraltar, a bay-class landing ship dock which is being upgraded by the Royal Navy to add new cutting-edge uncrewed equipment, allowing it to be used as a 'mothership' for autonomous systems, if needed for operations in the Strait of Hormuz.
Pakistan opted not to buy urgent cargoes of liquefied natural gas on the spot market, betting that hostilities which have closed the Strait of Hormuz will ease and cheaper supplies from Qatar will arrive soon.
Service Long March Tyres Ltd., Pakistan’s largest manufacturer of all-steel radial tires, has filed for an initial public offering next month that could be the largest private-sector listing in the nation’s history.
Pakistan is in discussions with Saudi Arabia and China for financial support to compensate for a loan of about $3 billion that Islamabad will be forced to pay back to the United Arab Emirates, people familiar with the matter said.
An Iranian delegation is expected to arrive in Islamabad on Friday night, officials in Pakistan’s capital said, ahead of crucial peace talks with the US set for Saturday.
Heightened security measures in Islamabad. Photographer: Farooq Naeem/Getty Images
Pakistan will return matured loan deposits to the United Arab Emirates, in a move that will strain the South Asian nation’s reserves.
The State Bank of Pakistan in Karachi, Pakistan, on Monday, Jan. 23, 2023. Pakistan increased its benchmark interest rate to 17%, the highest in more than 24 years, as the economy grapples with raging inflation, supply shortages, dwindling currency reserves and stalled foreign financing.
Pakistan is making a push to mediate talks to end the US-Israeli war against Iran, with its powerful army chief holding calls with President Donald Trump to find a resolution to the fighting, people familiar with the matter said.
US President Donald Trump, left, and Marco Rubio, US secretary of state, speak to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Friday, March 20, 2026. US officials said the White House is sending more than 2,000 additional Marines to the Middle East as it weighs a plan to seize Iran’s Kharg Island oil export hub, a ground operation that would carry huge risks for President Donald Trump.
A tanker laden with crude oil appears to have cleared the Strait of Hormuz and is now sailing to Pakistan, according to ship-tracking data, making it the latest in just a trickle of vessels that have left the Persian Gulf since US and Israeli strikes on Iran began.
The Karachi made the journey to exit the Strait of Hormuz over Sunday. The straight lines in the left of this image suggest that its geolocation signals have been affected by electronic interference.
From Thai farmers racing for diesel to Indian refinery executives monitoring the Persian Gulf through the night, energy buyers across import-dependent Asia are feeling the impact of a dramatic crunch.
From Thai farmers racing for diesel to Indian refinery executives monitoring the Persian Gulf through the night, energy buyers across import-dependent Asia are feeling the impact of a dramatic crunch.
Pakistan’s largest gas distributor is set to cut supplies to some of its industrial customers, suggesting growing strain in one of the economies most dependent on energy exports from Qatar.
A key stock gauge in Pakistan plunged the most on record after geopolitical tensions in the Middle East escalated following US and Israel’s strikes on Iran.
An armored vehicle set on fire by protesters outside the US consulate in Karachi on March 1. Source: STR/AFP
Pakistan and Afghanistan edged closer to all-out war this week, escalating tensions in a region where the world’s economic superpowers are vying for influence.
Taliban security personnel stand guard near the border area in the Jaji Maydan district of Khost province, Afghanistan, on Feb. 27. Source: STR/AFP
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