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'No doubt' India was behind stock exchange attack in Karachi: Imran Khan

India said on Monday it had nothing to do with the assault

India's fiscal deficit at Rs 4.66 trn, 58.6% of annual target in 2 months

Net tax receipts during April-May period were Rs 33,850 cr, while total expenditure was Rs 5.12 trillion

Concerned about India banning Chinese apps: China foreign ministry

India has a responsibility to uphold the rights of Chinese businesses, said Chinese foreign ministry

Indian bond yields fall to over one-week low after special OMO announcement

Seven Indian states are due to sell at least Rs 90 billion worth of debt later in the day with a greenshoe option to retain an additional 30 Rs billion

China passes national security law in turning point for Hong Kong

State media is expected to publish details of the law - which comes in response to last year's often-violent pro-democracy protests in the city and aims to tackle subversion, terrorism, separatism

China's factory activity quickens to 3-month high, economy recovering: PMI

While most of the economy has reopened, many manufacturers are still struggling due to weak overseas orders as global demand falters

Gilead prices Covid-19 drug remdesivir at $2,340 in developed nations

Remdesivir is expected to be in high demand as one of the only treatments so far shown to alter the course of Covid-19

Oil prices slip as weak Japan data exposes market jitters over weak demand

Brent crude futures for September fell 32 cents, or 0.8%, to $41.53 a barrel, paring Monday's 92-cent gain

Iran issues arrest warrant for Donald Trump, asks Interpol to help

The United States and Interpol both dismissed the idea of acting on such a warrant.

Wall Street opens higher on hopes of stimulus, decline in Covid-19 cases

The Dow Jones Industrial Average rose 136.90 points, or 0.55%, to 25,152.45 at the open.

OPEC has cut oil output by 1.25 mbpd in June, says Petro-Logistics

OPEC has cut oil output in June as it works to implement a supply restraint agreement with Russia and other allies, according to estimates from tanker-tracking company Petro-Logistics

Gilead's Covid-19 drug remdesivir to cost $2,340 per patient in US

The price for US private insurance companies will be $520 per vial, the drugmaker said, which equates to a total of $3,120 per patient

India plans incentives to double auto exports in next five years: Report

Govt wants to promote exports and has identified some sectors, including autos and textiles, for which incentive plans are being designed, said a senior government official

Crude oil price slide on sharp uptick in coronavirus cases globally

Brent crude dropped 84 cents, or 2%, to $40.18 a barrel by 0833 GMT, and U.S. crude fell 72 cents, or 1.8%, to $37.77

China's factory activity likely slowed in June on subdued global demand

China's factory activity might have grown for a fourth month in June but the pace could be waning, as global demand stayed subdued while there was a fresh coronavirus outbreak in the Chinese capital

Yield curve control a double-edged sword for BoJ as low rates strain banks

The Bank of Japan's push to keep borrowing costs low to cushion the economic blow from the coronavirus is coming at the expense of the country's lenders

Covid hits Australia's golden economy, country faces rocky road to recovery

The unemployment rate for females looking for full-time work surged to 8.3% in May from 5.4% in February before coronavirus-driven shutdowns kicked in

Japan's retail sales extend fall in May as Covid-19 hurts consumer spending

The sustained downturn in demand raises risks that the world's third-largest economy could remain mired in recession longer than expected and a revival may be more sluggish

Nissan CEO reiterates pledge to step down if he fails to deliver recovery

"At the last extraordinary shareholders meeting ... I said that if Nissan's performance does not improve, please fire me," Uchida told shareholders at the company's general meeting

Airbus CEO Faury sees production declining by 40% over the next two years

Airbus is assuming a 40% drop in production over the next two years due to the coronavirus crisis, Chief Executive Guillaume Faury was quoted as saying