Oil producers to cooperate beyond 2018: Saudi Arabia
MUSCAT:Â Global oil producers are in agreement that they should continue cooperating on production after their deal on supply cuts expires at the...
Asian shares retreat on fear of US government shutdown
HONG KONG: Asian stock markets were uneven, and the dollar fell on Friday following Wall Street’s retreat as the threat of a...
Broker turned SECP chief reversing risk management measures placed by Hijazi
KARACHI: The removal of Zafar Hijazi as Chairman, Securities Exchange Commission of Pakistan (SECP) has paid dividends for the Pakistan Stock exchange,...
Oil prices dip, as US production rises
SINGAPORE: Oil prices fell on Friday on a bounce-back in U.S. production, but ongoing declines in crude inventories curbed losses in the...
FBR bends over backwards to relax duty payments for PGP Consortium
ISLAMABAD: Pakistan GasPort Consortium Limited (PGPC) will clear customs duty on import of Floating Storage and Re-gasification Unit (FSRU) within one year...
Oil prices rise on reported fall in US inventories
SINGAPORE: Oil prices rose on Thursday on a reported decline in U.S. crude inventories, and as rebels in Nigeria threatened to attack...
Bitcoin slam dunks 20 percent, on fear of global crackdown
LONDON: Bitcoin fell as much as 20 percent on Wednesday, piercing below $10,000, while other cryptocurrencies took similar spills due to investor...
Asian shares surge, following rally on Wall Street
TOKYO: Shares were broadly higher in Asia on Thursday after a rally on Wall Street that took the Dow Jones industrial average...
South Korea still hasn’t finalized plans to ban cryptocurrency trading
SEOUL: South Korea said on Monday that its plans to ban virtual coin exchanges had not yet been finalized as government agencies...
Asian shares soar to record highs
SYDNEY: Asian shares hit historic highs on Monday after Wall Street extended its record-breaking run, while the U.S. dollar retreat continued as...
Oil prices hold firm, tad below December 2014 highs
SINGAPORE: Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and Russia despite...
Profit margins for oil refiners in Asia dip, as oil prices touch $70 per barrel
SINGAPORE: Oil prices have risen above $70 per barrel for the first time since 2014 as investors bet supply cuts led by...
Asian stock markets rise, on back of latest Wall Street record rally
HONG KONG: Most Asian stocks markets are higher after Wall Street’s latest record close. Japan’s Nikkei 225 recovered from early losses to...
International crude oil prices hit 3-year high
LAHORE: Oil prices hit a fresh 3-year high on Thursday ahead of a United States’ (US) decision on whether to extend temporary...
Asian stock markets fall, after Wall Street rally ends
TOKYO: Share prices were mostly lower in Asia on Wednesday as the afterglow from Wall Street’s extended winning streak faded. Chinese shares...