Wall Street ends mixed as China-US tensions weigh
Wall Street ended mixed on Friday in a mostly tame finish to a week of strong gains, as investors gauged China-US tensions...
American billionaires see wealth balloon $434 billion amid Covid-19
Washington: The fortunes of US billionaires rose 15 percent in the two months since the coronavirus pandemic hit, a study found, with...
Negative pricing seen spreading from oil to gas
LONDON: Almost a month after US crude oil prices collapsed into negative territory for the first time, European gas markets are facing...
PSMA rejects sugar inquiry report, doubts commission’s intent
Chairman says report only shows 'technical and accounting incompetence' of commission members
Weekly inflation up 0.66pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on May 21 witnessed an increase of 0.66 per cent,...
Business community irked over six-day closure of banksÂ
ISLAMABAD: At a time when the lockdown had eased after two months and business activities had picked up sharply with the advent...
Pakistan ready to combat impending attack of locust: FAO official
Pakistan is well prepared to combat an impending attack of crop-eating locust from breeding grounds in southern Iran.
Talking to United Nations correspondents...
US cuts royalties for hard-hit oil, gas drillers
The Trump administration has lowered royalties for several drilling companies producing oil and gas on federal lands, according to a government database,...
Fake cigarette manufacturing company unearthed in Lahore; FIR lodgedÂ
LAHORE: Lahore Police on Thursday registered a case against a cigarette manufacturing company involved in illegal production of cigarettes in the market...
Virus-hit China sets no annual growth target, a first in years
China took the rare move of not setting an annual growth target this year after the coronavirus battered the world’s second-largest economy...
PSX to remain closed from Friday to Wednesday
The Pakistan Stock Exchange will remain closed from May 22 (Friday) till May 27 (Wednesday) on account of Juma-tul-Wida and Eid-ul-Fitr holidays,...
Govt decides to restore international flights from Peshawar
The federal government has decided to restore international flights from Bacha Khan International Airport, Peshawar.
The decision was taken by the Prime Minister...
US jobless claims keep climbing to hit 38.6mln since lockdowns
WASHINGTON: Millions more Americans filed for unemployment benefits last week as backlogs continue to be cleared and disruptions from the novel coronavirus...
Gold price increases to Rs 95,850 per tola
The per tola price of 24 karat gold increased by Rs. 50 and was traded at Rs. 95,850 on Thursday, as compared...
Current account deficit shrinks 51pc to $572m in April
KARACHI: The country’s current account deficit in April 2020 stood at $572 million, a decline of 50.9pc when compared to the $1.165...