US crude production rose by 6,000 barrels per day in January: EIA
WASHINGTON: U.S. crude production rose by 6,000 barrels per day (bpd) in January to 9.964 million barrels per day, the Energy Information...
Asian stock markets rise after tech share lead rally on Wall Street
TOKYO: Shares rose in Asia on Friday after technology and consumer-focused stocks led an overnight rally on Wall Street, marking a dramatic...
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...
Market Daily: PSX settles up amid SBP policy announcement
LAHORE: The Pakistan Stock Exchange (PSX) carried forward its momentum from the second half of the last session and moved north. The market...
Asian shares fall, after tech stocks retreat on Wall Street
TOKYO: Asian stocks sagged on Thursday after a tech-led retreat on Wall Street while the safe haven yen was broadly lower against...
Oil prices climb on news of OPEC seen continuing supply cuts through 2018
SINGAPORE: Oil prices rose on Thursday as the producer cartel OPEC and other suppliers look set to continue withholding output for the...
Abraaj contemplating to divest part of its investment business
DUBAI/ABU DHABI: Private equity firm Abraaj Group is considering selling part of its investment management business as it seeks to stem the...
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...
Oil prices rise, as tensions in Middle East may lead to supply disruptions
SINGAPORE: Oil prices rose on Tuesday, pushed up by concerns that tensions in the Middle East could lead to supply disruptions.
Hopes that...
Oil prices fall, as China-US trade war threat looms
SINGAPORE: Oil prices reversed earlier gains on Monday as concerns of a looming trade dispute between the United States and China weighed...
Asian stock markets battered on blowback of intensifying global trade war
SYDNEY: Fears of a full-blown trade war between the United States and China battered Asian shares again on Monday, keeping the safe...
Global stocks “shiver”, as trade wars intensify
TOKYO: The rumblings of a global trade war sent shivers through stock and currency markets on Friday after U.S. President Donald Trump...
Oil prices push up, as Saudi Arabia says production curbs could last into 2019
SINGAPORE: Oil prices rose on Friday, pushed up by Saudi statements that OPEC and Russian led production curbs that were introduced in...
Asian shares mixed after US interest rate hike
TOKYO: Shares were mixed in Asia early Thursday after U.S. stock indexes finished with small losses following the Federal Reserve’s hike in...
Oil prices inch up, as U.S dollar weakness persists
SINGAPORE: Oil prices rose on Thursday, lifted by a surprise draw on U.S. crude inventories as well as ongoing dollar weakness which...