Asian shares dip as North Korea suspends talks, U.S. yields climb
MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2 percent as Pyongyang’s move appeared to mark a break in months of warming ties between North and South Korea and with Washington
Oil prices fall on signs of ample supply despite OPEC cuts
Brent crude futures, the international benchmark for oil prices, were at $78.07 per barrel at 0024 GMT, down 36 cents, or 0.5 percent, from their last close
IRSA summons emergency meeting to review water situation for Kharif 2018
Indus River System Authority (IRSA) has summoned an emergency meeting of its advisory committee to review the current water situation and anticipated criteria for the cropping season of Kharif 2018.
Abraaj’s reputation nosedives over allegation of misused funds
Abraaj has seen a wave of investments get sidelined, a shake-up of its top management, talks of divestment of its investment arm collapse and questions over misuse of funds by leading investors like Melinda Gates Foundation continue
Asian stocks near three weeks high, dollar eases after US inflation
Japan’s Nikkei climbed 0.7 percent while South Korea’s KOSPI added 0.6 percent. Australian and New Zealand shares were both up 0.2 percent
Oil prices dip from multi-year highs
Outside OPEC, soaring U.S. crude oil production may also help fill Iran’s supply gap, hitting another record last week by climbing to 10.7 million barrels per day
Asian shares rise, boosted by technology stocks
MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.6 percent, with information technology shares rising 1.2 percent. Japan’s Nikkei was 0.3 percent higher
Oil prices retreat from 3.5 years high, as market awaits Trump decision on Iran
Brent crude futures were down 63 cents, or 0.8 percent, at $75.54, having jumped 1.7 percent to settle at $76.17 a barrel in the previous session
Asian shares go up, as US crude crosses $70
Oil prices hit their highest in more than three years as global supplies remained tight and the market awaited news from Washington on possible new U.S. sanctions against Iran
Oil prices hold firm, as Iran tensions keep market on edge
Brent crude oil futures were at $74.94 per barrel at 0035 GMT, up 7 cents, or 0.1 percent, from their last close
Oil prices dip, as US crude inventories soar
U.S. oil production also hit a fresh record of 10.62 million barrels per day (bpd), a jump of more than a quarter since mid-2016
Asian shares slip, as hopes wane in progress of China-US trade talks
MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.5 percent, while South Korean stocks eased 0.4 percent
Market Daily: Post Budget bearish trend continues
The benchmark index lost 292 points during Wednesday’s session, closing at 45,197 index level. This led to a sharp decline of 47 per cent in traded volumes during the trading session. Similarly, trading value also fell by 40 per cent.
Govt to provide billions in tax exemption to Chinese companies
ISLAMABAD: While rejecting the Senate Standing Committee on Finance's recommendation to withdraw the tax exemptions given to Chinese companies, the tax department...
Oil prices rise, buoyed by Iran sanction worries
London Brent crude for new July delivery was up 21 cents at $74.90.