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...
GSKCH reports profits increase of 9.40pc for third quarter
KARACHI: In a notification sent to the bourse on Friday, GlaxoSmithKline Pakistan (GSKCH) announced its earnings for the third quarter of 2017.
Sales...
Oil prices slightly down as US oil exports rose last week
TOKYO: Oil prices inched lower on Thursday, pressured by an unexpected increase in U.S. crude inventories and as oil output and exports...
Asian shares fall, ECB meeting results awaited
TOKYO: Asian shares were drifting Thursday as Wall Street’s retreat from recent record highs and a widely awaited European Central Bank meeting...
Oil prices near four-week highs, as Saudi Arabia seeks to end supply glut
TOKYO: Oil prices were largely steady on Wednesday, hovering near a four-week high hit a day earlier after top exporter Saudi Arabia...
Asian stock markets inch up as corporate earnings reports loom
TOKYO: Asian shares edged higher on Wednesday with scant leads from news headlines to move the markets. Investors are eyeing upcoming corporate...
Foreign investors have bought $54m of Pakistani stocks since September
LAHORE: Pakistan Stock Exchange (PSX) is again beginning to look as an attractive and cheap destination for foreign funds, as $54m Pakistani...
US stocks cap week on positive note
NEW YORK: Wall Street capped a week with no shortage of milestones with a few more Friday.
U.S. stocks closed modestly higher, lifting...