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The Herald Today

3 August 2025

World

CNOOC’s First-Quarter Earnings Decline 7.9% Amid Lower Oil Prices, Production Rises
CNOOC’s First-Quarter Earnings Decline 7.9% Amid Lower Oil Prices, Production Rises

CNOOC Ltd Reports Decrease in First-Quarter Net Profit SINGAPORE: CNOOC Ltd, a prominent Chinese offshore oil and gas entity, experienced...

By Web Desk | April 29, 2025 | Category: Business, China, World

South African Rand weakens as revised budget awaits investors.
South African Rand weakens as revised budget awaits investors.

South African Rand Weakens Amid Budget Revision Anticipation In early trading on Tuesday, the South African rand experienced a slight...

By Web Desk | April 29, 2025 | Category: Business, World

Porsche Adjusts Forecast Due to US Duties, China Slowdown in Q1
Porsche Adjusts Forecast Due to US Duties, China Slowdown in Q1

Porsche Trims Outlook Amidst Economic Pressures FRANKFURT: Diminished profit margins in the first quarter have compelled Porsche to revise its...

By Web Desk | April 29, 2025 | Category: Business, China, United States, World

Crucial next few days: Asif’s statement
Crucial next few days: Asif’s statement

Defence Minister Clarifies Remarks on Potential Conflict with India Defence Minister Khawaja Asif has addressed the controversy surrounding his recent...

By Web Desk | April 29, 2025 | Category: Latest, World

BYD Commences Construction of Auto Plant in Cambodia, According to Chinese Embassy
BYD Commences Construction of Auto Plant in Cambodia, According to Chinese Embassy

BYD Commences Construction of Cambodia Vehicle Plant BEIJING: According to the Chinese Embassy in Cambodia, electric vehicle manufacturer BYD initiated...

By Web Desk | April 29, 2025 | Category: Tech, World

Adidas refrains from raising profit forecast amid tariff concerns.
Adidas refrains from raising profit forecast amid tariff concerns.

Adidas Hesitates on 2025 Forecasts Amid Tariff Uncertainty Despite robust first-quarter performance, German sportswear giant Adidas refrained from increasing its...

By Web Desk | April 29, 2025 | Category: Business, Latest, United States, World

World Bank sanctions $108mn more funds for KP ventures
World Bank sanctions $108mn more funds for KP ventures

World Bank Augments Funding for KP Projects ISLAMABAD: The World Bank has sanctioned an additional $108 million for the Rural...

By Web Desk | April 29, 2025 | Category: Latest, World

European stocks gain amid earnings reports, tariff concerns persist
European stocks gain amid earnings reports, tariff concerns persist

European Shares Experience Modest Gains Amid Earnings Reports and Economic Data European equities saw a slight increase on Tuesday as...

By Web Desk | April 29, 2025 | Category: Business, World

Banks, miners lift Australian stocks; Fortescue leads gains
Banks, miners lift Australian stocks; Fortescue leads gains

Australian Shares Rise for Fourth Session as Banks and Miners Lead Australian shares experienced gains for the fourth consecutive session...

By Web Desk | April 29, 2025 | Category: Business, World

Persistent Selling Pressure at PSX Triggers 700-Point KSE-100 Drop
Persistent Selling Pressure at PSX Triggers 700-Point KSE-100 Drop

PSX Faces Selling Pressure, KSE-100 Dips The Pakistan Stock Exchange (PSX) experienced sustained selling pressure, leading to a decline of...

By Web Desk | April 29, 2025 | Category: Business, Latest, World

Electrolux first-quarter earnings fall short amid tariff concerns
Electrolux first-quarter earnings fall short amid tariff concerns

Electrolux’s First-Quarter Profit Falls Short of Expectations STOCKHOLM: Appliance manufacturer Electrolux announced Tuesday that its first-quarter earnings were lower than...

By Web Desk | April 29, 2025 | Category: Latest, World

HSBC’s First-Quarter Earnings Decline by 25%; Announces $3 Billion Buyback
HSBC’s First-Quarter Earnings Decline by 25%; Announces $3 Billion Buyback

HSBC Announces $3 Billion Share Buyback Amid Profit Decline HONG KONG: Following a reported 25% decrease in first-quarter profits, HSBC...

By Web Desk | April 29, 2025 | Category: Business, World

Asian shares, currencies gain as dollar weakens
Asian shares, currencies gain as dollar weakens

Asian Currencies Strengthen Amid Trade Tension Uncertainty Emerging Asian currencies experienced gains on Tuesday as investors divested from the US...

By Web Desk | April 29, 2025 | Category: Business, World

South Korean stocks reach a one-month peak; auto sector rises amid tariff optimism.
South Korean stocks reach a one-month peak; auto sector rises amid tariff optimism.

South Korean Financial Market Update South Korean equities mirrored Wall Street’s decline but are poised for weekly gains. The KOSPI...

By Web Desk | April 29, 2025 | Category: Business, World

Deutsche Bank Reports 39% Increase in Q1 Earnings
Deutsche Bank Reports 39% Increase in Q1 Earnings

Deutsche Bank’s Profit Surges 39% in Q1 FRANKFURT: Deutsche Bank reported a notable 39% increase in its first-quarter profit on...

By Web Desk | April 29, 2025 | Category: Business, World

Philippines Successfully Concludes $533mn 2030 Treasury Bond Auction
Philippines Successfully Concludes $533mn 2030 Treasury Bond Auction

Philippine Treasury Auction Results: Re-issued 2030 T-bonds The Philippine Bureau of the Treasury conducted an auction of re-issued 2030 Treasury...

By Web Desk | April 29, 2025 | Category: Latest, World

Norsk Hydro’s first-quarter underlying profit misses estimates; lowers extrusion forecast
Norsk Hydro’s first-quarter underlying profit misses estimates; lowers extrusion forecast

Norsk Hydro’s Core Profit Surges 76% in First Quarter Norsk Hydro, a Norwegian aluminum manufacturer, announced a substantial 76% increase...

By Web Desk | April 29, 2025 | Category: Business, Latest, World

Asia LNG demand soft in April; Europe sees less pressure: Russell
Asia LNG demand soft in April; Europe sees less pressure: Russell

LNG Imports in Asia and Europe Show Diverging Trends Launceston: Liquefied natural gas (LNG) import activity in Asia showed signs...

By Web Desk | April 29, 2025 | Category: Business, Latest, World

China shares dip marginally, Hong Kong rises as traders weigh tariff effects
China shares dip marginally, Hong Kong rises as traders weigh tariff effects

China Stocks Fluctuate as Investors Await Clarity on US Tariffs China’s stock market experienced slight declines amid choppy trading on...

By Web Desk | April 29, 2025 | Category: Business, Latest, World

UK tax body ends inquiry into Tariq Mir in MQM’s £1.5 tax case.
UK tax body ends inquiry into Tariq Mir in MQM’s £1.5 tax case.

UK Tax Authority Drops Case Against Former MQM Leader Tariq Mir LONDON: His Majesty’s Revenue and Customs (HMRC), the UK’s...

By Web Desk | April 29, 2025 | Category: Breaking News, Business, UK, World