As US stocks reach new highs; investors pile money into commodities
NEW YORK: A growing number of investors are plowing money into commodities, seeking to diversify their holdings on gnawing concerns about a...
Japanese shares reach 26 year high, as other Asian stock markets remain muffled
TOKYO: Japan’s stock benchmark surged Thursday to its highest in more than a quarter century on the yen’s weakness and healthy corporate...
Oil prices reach two-year highs, as markets tighten, Saudi crackdown
SINGAPORE: Oil prices hit their highest levels since July 2015 early on Monday as markets tightened, while Saudi Arabia’s crown prince cemented...
Asian stock markets dip after weak US jobs data
TOKYO: Asian markets slipped on Monday as weaker-than-expected U.S. jobs figures dented sentiment. Investors were also keeping an eye on President Donald...
Tea worth $137.142mn imported in first quarter
ISLAMABAD: Tea import into the country during the first quarter of the current financial year increased by 2 per cent as compared...
Asian shares fall as investors await new Fed leader
TOKYO: Asian stock markets were mostly lower on Thursday as investors awaited President Donald Trump’s announcement on his choice to lead the...
Bitcoin surges to all-time high of $6,450
LONDON: Bitcoin climbed to a new all-time high of $6,450 on Wednesday, boosted by bets the cryptocurrency could enter the financial mainstream...
Brent crude prices touch two-year highs
SINGAPORE: Brent crude oil prices were near two-year highs on Wednesday as OPEC has significantly improved compliance with its pledged supply cuts...
Saudi Arabia could jack-up crude prices in December
RIYADH: Top oil exporter Saudi Arabia will hike December crude prices for customers in Asia to levels last seen in 2013 or...
Asian stock markets rise on optimism over global economic growth
TOKYO: Asian shares were higher Wednesday on optimism about global economic growth following gains on Wall Street.
KEEPING SCORE: Japan’s benchmark Nikkei 225...
Saudi prince backs extension of OPEC production cuts
RIYADH: Saudi Arabia’s crown prince says his country supports extending an agreement by major oil producers to limit output beyond next March.
Crown...
Technology giants Microsoft, Google and Amazon lead stock rally
NEW YORK: Some of the biggest companies in the world had their best day in years Friday as Microsoft and Alphabet soared...
Asian stock markets higher following strong Wall Street performance
TOKYO: Shares in Asia posted strong gains early Friday, tracking the upbeat session overnight on Wall Street. Japan’s Nikkei 225 index jumped...
Oil prices hover near $60 as Saudi Arabia backs extension of output cuts
SEOUL: Oil prices held steady on Friday, with Brent crude hovering near $60 a barrel, buoyed by comments from Saudi Arabia’s Crown...
Pakistan Petroleum Limited settles court case with AROL
KARACHI: In a notification sent to the bourse on Friday, Pakistan Petroleum Limited (PPL) announced a settlement of a court case with...