Gold edges up as dollar dips from multi-month high
The dollar index, which measures the greenback against a basket of six major currencies, was down about 0.2 percent, pulling back from a 16-month high
OGDC makes gas discovery in Baratai block, Kohat, Khyber-Pakhtunkhwa
LAHORE: A bourse notification filed Friday by Oil and Gas Development Company (OGDC) revealed the joint venture of Baratai Block in which...
Asia LNG spot prices plummeted by 50pc from January to $2.5 per mmBTU in July: Fitch Solutions
Analyst believes low international prices are a brilliant opportunity for the Pakistani government nowadays to regain energy competitiveness, provide affordable electricity/gas & catalyze the decaying industrialization
Asian stock markets rebound, as dollar saps
SYDNEY: Asian share markets rose sharply on Tuesday as reports of behind-the-scenes talks between the United States and China rekindled hopes a...
Shelved Aramco IPO hits at heart of Saudi prince’s reforms
The initial public offering (IPO) of 5 percent of state-owned oil giant Saudi Aramco was a centrepiece of the crown prince’s plan to diversify the kingdom’s economy beyond oil by raising $100 billion for investment in other sectors
Matco Foods concludes IPO, gets successfully listed on PSX
LAHORE: AÂ bourse notification filed Monday, Pakistan Stock Exchange (PSX) approved the application for listing and quotation of shares of Matco Foods Limited...
Pumping out water for Thar coal mining not to affect drinking water sources: SECMC
ISLAMKOT (THARPARKAR): Revealing some of the unknown facts and breaking a commonly perceived myth, Sindh Engro Coal Mining Company (SECMC) has clarified...
Asian stock markets touch all-time highs
SYDNEY: Asian shares neared all-time peaks on Monday after Wall Street boasted its best start to a year in over a decade,...
Asian stock markets little changed, as trading remains light post-Christmas
BEIJING: Major Asian stock markets were little-changed Tuesday in light trading after the Christmas holiday.
The Shanghai Composite Index gained less than 1...
Gold prices rise as Fed stance weakens dollar
Spot gold rose 0.6 percent to $1,293.55 per ounce as at 0604 GMT, heading for a fourth straight weekly gain. The yellow metal is up 0.7 percent so far this week
Asian stock markets rise, following modest gains on Wall Street
TOKYO: Share prices edged higher Friday morning in Asia, tracking modest gains on Wall Street. Tokyo’s Nikkei 225 index added 0.1 percent...
Asia stocks dip to start week, following Wall Street losses
Japan’s Nikkei 225 index dropped 0.8 percent to 22,536.81 and South Korea’s Kospi edged 0.2 percent lower to 2,291.09
Qatargas agrees on 22-year LNG supply deal with China
The Qatari state-owned company will supply LNG from the Qatargas 2 project - a venture between Qatar Petroleum, Exxon Mobil Corp and Total - to receiving terminals across China, with the first cargo to be delivered this month
Bitcoin surges to all-time high of $6,450
LONDON: Bitcoin climbed to a new all-time high of $6,450 on Wednesday, boosted by bets the cryptocurrency could enter the financial mainstream...
Abraaj to shed 15 percent jobs globally
LAHORE: Abraaj Group woes don’t seem to be ending, as it is shedding 15 percent of its total workforce, as the largest...