PSX closes 37 points lower amid dull trading

KARACHI: Bearish sentiments continued to dominate the Pakistan Stock Exchange (PSX) on Thursday as well. The indices kept slipping all day long amid lack of...

U.S.-China trade talks move to higher level as deadline looms

Chinese trade data released on Thursday showed imports from the United States fell 41.2 percent from a year earlier to $9.24 billion, the lowest amount in dollar terms since February 2016

Dollar higher as euro sags; Aussie firms on China data

The dollar index, a gauge of its value versus six major peers, was marginally higher at 97.20, having gained 0.5 percent in the previous session

Asian shares retreat as China, US begin trade negotiations

Hong Kong’s Hang Seng gave up 0.7 percent to 28,305.33. and Australia’s S&P/ASX 200 shed 0.1 percent to 6,060.50, Kospi in South Korea lost 0.5 percent to 2,191.42

Oil prices edge up on hopes for U.S.-China trade breakthrough

U.S. West Texas Intermediate (WTI) crude futures were at $53.76 per barrel at 2338 GMT, up 10 cents, or 0.2 percent, from their last settlement

Govt will require to reduce borrowings from central bank, implement VAT under IMF programme: Report

According to official sources, the IMF will demand to attain a primary balance of budget into surplus, which is presently seeing a huge deficit

‘Developing Asia-Pacific countries struggling to meet social protection agenda’

ISLAMABAD: Many developing countries in the Asia-Pacific region still face "considerable challenges", particularly in creating sustainable financing needed for the local welfare programs, says...

PSX fails to stay afloat, closes in red

KARACHI: After a positive close in the previous session, Pakistan Stock Exchange was back in red zone on Wednesday, as indices that opened green sunk...

ILO warns quality of jobs is sliding for global workforce

GENEVA: Global progress in tackling unemployment and the employment gender gap is stalling and the quality of jobs is getting worse, the International Labour...

Oil gets a boost from Saudi output pledge, declining US inventories

LONDON: Brent oil prices rose on Wednesday, after top exporter Saudi Arabia said it would cut crude exports and deliver an even deeper cut...

Samsung reaches settlement over ‘exploding’ washing machines

SEOUL: Samsung Electronics has reached a settlement in a class-action lawsuit over 2.8 million "exploding" washing machines recalled in the US, the South Korean...

PSX gains 269 points amid volatile trading

KARACHI: After morning bumps, Pakistan Stock Exchange (PSX) managed to stand its ground to close Tuesday’s session in green. Indices swung in both directions until...

Trade friction, growth worries keep dollar near 2019 highs

The dollar index was steady at 97.04, after advancing 0.45 percent in the previous session, its largest percentage gain since Jan. 24

China says consumption growth likely to slow further this year

Retail sales growth during the just concluded Lunar New Year holidays slipped to its lowest since at least 2011, further evidence consumers remain cautious as the economy hits the brakes

Asian stocks rise after listless Wall Street day

Tokyo’s Nikkei 225 rose 2 percent to 20,745.28 and the Shanghai Composite Exchange added 0.3 percent to 2,661.8

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