Oil prices jump, as U.S drilling activity falls
SINGAPORE: Oil markets climbed on Monday on the back of a drop in the number of U.S. rigs drilling for more production...
DR Congo enacts law to hike tax on minerals
KINSHASA: Democratic Republic of Congo President Joseph Kabila enacted a law to hike taxes on so-called strategic metals, and ordered government consultations...
Govt exported 1.2 MMT sugar during 2016-17: Pervaiz Malik Â
ISLAMABAD: Minister for Commerce and Textile Muhammad Pervaiz Malik on Friday said that since the start of the crushing year 2016-17 up...
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...
Rio Tinto mulling to attract bids over $2.5bn for last two coal mines
MELBOURNE/LONDON: At least three bidders are expected to submit final offers for global miner Rio Tinto’s Hail Creek and Kestrel coal mines...
CCP issues show cause notice to PFMA for collusive practicesÂ
KARACHI: The Competition Commission of Pakistan (CCP) has issued Show Cause Notice to Pakistan Flour Mills Association (PFMA) for prima facie violating...
Exxon Mobil struggles in wake of major investment write-down
HOUSTON: Exxon Mobil Corp’s $200 million write-down last month on abandoned ventures in Russia - once its next big frontier - points...
Asian stock markets tumble, dollar falls as global trade fears ignite
TOKYO: Global stocks and the dollar slumped on Wednesday after a key advocate for free trade in the White House resigned, fanning...
Oil prices fall, as key advocate of free trade in U.S government resigns
SINGAPORE: Oil prices fell on Wednesday, pulled down by weaker share markets after a key advocate for free trade in the U.S....
Analysts estimate increase of Rs6 per share to ASTL after SITE expansion
LAHORE: In Amri Steels Ltd's (ASTL) latest notice to the exchange it had informed about finalisation of its plans regarding the Balancing,...
Weekly inflation rises 0.03 per cent
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on March 01 for the combined income groups witnessed...
Technology behind cryptocurrencies could improve financial system in future
LONDON:Â Cryptocurrencies such as Bitcoin are failing as a form of money and have shown clear signs of being a financial bubble, but...
Adviser to PM on Finance holds meeting with SECP, PSX
ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail held a meeting with the Securities and Exchange Commission of Pakistan (SECP) and...
SECP drafts governance rules to cover Sharia-compliant companies & securities
KARACHI: Pakistan’s capital market regulator has drafted governance rules that cover sharia-compliant companies and securities, the latest government initiative aimed at developing...
Oil prices inch up from two-week lows
TOKYO: U.S. oil prices edged up on Friday, snapping three days of declines, but gains were limited as Asian share markets extended...