Global Business

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Jio Platforms IPO subscribed over 22 times, valued at $107bn

India’s biggest-ever share sale drew strong demand, particularly from institutional investors, defying the drag of a weeklong selloff in Indian equities, according to Bloomberg.

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Oil slips to $114 as traders weigh Saudi supply risks

U.S. crude oil prices fell more than 2% on Monday as investors assessed the risk of further attacks on Saudi Arabia’s energy infrastructure against concerns that persistently high prices could weaken global oil demand.

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Asian markets mixed, oil prices retreat from recent highs

Asian markets traded mixed on Monday, with Japan’s Topix advancing while major benchmarks across Japan, South Korea and Australia recorded losses.

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Oil holds near $114 amid Saudi supply concerns

Oil prices remained largely stable in early Asian trading on Friday after surging 4% in the previous session to reach a five-month high, as escalating hostilities involving Saudi Arabia and Yemen’s Houthis heightened concerns over potential disruptions to global energy supplies.

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Asian markets sink on AI spending fears, oil surge

Asian markets traded lower on Friday, following a sell-off on Wall Street as concerns over rising artificial intelligence (AI) investment costs and a sharp increase in oil prices dampened investor sentiment.

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Oil tops $111 on fresh Saudi attacks, supply fears

Oil prices climbed by more than $1 per barrel on Thursday as fresh Houthi attacks in Saudi Arabia heightened fears of a wider regional conflict and further disruptions to Middle Eastern energy supplies.

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Asian markets trade mixed amid AI boom sustainability concerns

Asian markets opened mixed on Thursday as concerns over the sustainability of artificial intelligence (AI) investments continued to weigh on investor sentiment, despite gains on Wall Street and strong quarterly earnings from major technology companies.

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Dire Straits? Not for Gulf oil as flows top prewar mark

Oil shipments from the Persian Gulf have risen above their prewar levels, as a makeshift shipping arrangement backed by the US helps tankers get crude through the Strait of Hormuz despite one of the fiercest waves of Iranian attacks yet.

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Oil reclaims $110 on rising Middle East shipping risks

Oil prices edged up on Wednesday amid mounting concerns over supply disruptions, as attacks on shipping routes spread beyond the Strait of Hormuz and threats to Saudi Arabia’s energy infrastructure heightened market uncertainty.

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Asian markets surge on renewed AI investment hopes

Asian markets advanced on Wednesday, led by technology shares in South Korea and Japan, as optimism over SpaceX’s latest quarterly results helped restore investor confidence in artificial intelligence (AI) infrastructure following recent heavy losses.

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Name Price/Vol %Chg/NChg
KSE100 163,038.47
114.58M 		0.41%
663.59
ALLSHR 98,887.69
371.89M 		0.27%
267.58
KSE30 48,091.01
47.80M 		0.56%
267.86
KMI30 233,976.84
49.26M 		0.53%
1242.85
KMIALLSHR 64,092.91
187.27M 		0.21%
137.24
BKTi 44,832.63
16.31M 		0.24%
108.46
OGTi 33,378.35
2.75M 		1.04%
344.63
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 79,840.00 79,945.00
79,800.00 		-60.00
-0.08%
BRENT CRUDE 115.13 117.44
114.00 		-1.59
-1.36%
RICHARDS BAY COAL MONTHLY 128.50 0.00
0.00 		-0.35
-0.27%
ROTTERDAM COAL MONTHLY 147.10 0.00
0.00 		0.10
0.07%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50 		0.00
0.00%
CRUDE OIL - WTI 101.35 101.50
101.25 		-0.41
-0.40%
SUGAR #11 WORLD 19.10 19.89
18.85 		-1.14
-5.63%
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