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...
Asian stocks suffer steep declines, following fall on Wall Street
TOKYO: Asian shares posted steep declines Friday, adding to global stock market losses after President Donald Trump vowed to impose stiff steel...
Centro Ceramico certifies Pakistani tiles with European quality standards
KARACHI: Centro Ceramico, one of the biggest tile testing laboratories in the world has certified Pakistan’s ‘Stile Porcelain Tiles’ for meeting European...
Akzo Nobel Pakistan divests Specialty Chemicals business to Akzo Nobel Chemical for Rs33.5 million
LAHORE: A bourse notification filed Wednesday by Akzo Nobel Pakistan Limited revealed its board of directors had approved divesting of its Specialty...
Oil prices decline, on back of weak Chinese, Japanese industrial data
TOKYO: Oil prices fell on Wednesday as weak Chinese and Japanese industrial data triggered concerns of an economic slowdown that could lower...
SECP, PSX scuffle intensifies over bourse BOD election
KARACHI: The Pakistan Stock Exchange and Securities and Exchange Commission of Pakistan are engaged in a struggle over the bourse’s board of...
Asian stock markets fall, as U.S expected to hike rates faster
SYNDEY: Asian shares faltered on Wednesday and bonds were sold off as risk appetite soured after comments from new Federal Reserve Chair...
Asian stocks extend gains, after Wall Street finishes higher overnight
SEOUL: Asian markets mostly extended gains on Tuesday after Wall Street finished higher overnight. The upcoming Federal Reserve chair’s testimony at U.S....
Oil prices consolidate gains, on signs of stronger demand
TOKYO: Oil prices extended gains on Tuesday, supported by signs of stronger demand, robust production curbs led by OPEC and a slight...
Mughal Steel gets amendments to expansion plan approved
LAHORE: A bourse notification filed Monday by Mughal Iron and Steel Industries Limited (MISIL) revealed amendments to expansion plan have been approved...
Did the Chinese acquire PSX at a discount?
LAHORE: Leading brokerages and investors in the country believe the acquisition of Pakistan Stock Exchange by a Chinese consortium in January 2017...
Asian stock markets vigilant, as dollar loses early gains
TOKYO: Asian share markets were in a cautious mood on Monday as investors braced for an event-packed week headlined by U.S. inflation...
Oil prices hover around two-week-highs
TOKYO: Oil prices held little changed near two-week highs early on Monday, supported by comments from Saudi Arabia that it would continue...
Pakistan’s imports rationalisation policy irks trading partners
ISLAMABAD: In a recent drive to drastically reduce food imports into the country, the Ministry of Commerce (MoC) has taken strict measures...