Bitcoin surges to cross $18,000
LONDON: Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day,...
PSO profits decline 19% to Rs4,181m in 1st quarter FY19
PSO posted a gross profit of Rs10.91 billion in the first quarter of FY19, gross margins were recorded at 3.89% in the first quarter of FY19 against 3.55% in prior year
Gold steady as rising risk appetite offsets Fed pause views
Gold has risen more than 10 percent since touching 1-1/2-year lows in mid-August, mainly due to tumultuous equity markets and a softer dollar
IRSA summons emergency meeting to review water situation for Kharif 2018
Indus River System Authority (IRSA) has summoned an emergency meeting of its advisory committee to review the current water situation and anticipated criteria for the cropping season of Kharif 2018.
Asians stock markets slip after record highs on Wall Street
Tokyo: Asian shares wavered on Tuesday, bolstered by record highs on Wall Street but hobbled by uncertainty as traders waited on a...
OGDCL makes oil & gas discovery at Chanda oilfield in Kohat
The block is operated by OGDC with 72 percent stake along with 17.5 percent and 10.5 percent stake of GHPL and ZPCL respectively
Asian stocks fall as focus turns towards central bank meetings
Japan’s benchmark Nikkei 225 edged up 0.3 percent in early trading at 22,934.58. South Korea’s Kospi was down by less than 0.1 percent at 2,468.83.
Brent oil gains $1 to claw back some losses
Brent crude rose $1.31, or 1.8 percent, to $74.71 by 0242 GMT after slumping 6.9 percent on Wednesday
Dollar treads water before U.S. jobs data, Aussie dips
The dollar was basically flat at 113.93 yen on Friday, after coming off an 11-month high of 114.55 yen the previous session
Abraaj contemplating to divest part of its investment business
DUBAI/ABU DHABI: Private equity firm Abraaj Group is considering selling part of its investment management business as it seeks to stem the...
Global oil prices near 5-month highs on forecasts of rising demand
New York: Brent oil prices held near five-month highs on Friday, and were on track for the biggest weekly gain since late...
Saudi Arabia to supply about four million barrels of extra oil to India in November: sources
India is Iran’s top oil client after China, though several refiners have indicated they will stop taking Iranian barrels because of the sanctions
Oil stable on trade talk optimism and OPEC cuts, but slowdown looms
International Brent crude futures were at $57.43 per barrel at 0218 GMT, up 10 cents, or 0.1 percent from their last close
Dollar slips on Powell views; optimism on trade talks aids Aussie dollar
The dollar index, a gauge of its value versus six major peers, stood at 95.96 at 0406 GMT Monday, down 0.2 percent from an intraday high of 96.16
Embattled Abraaj faces another blow as CFO exits
DUBAI: The chief financial officer of Dubai-based Abraaj Holdings said he had left the embattled private equity company.
Two other senior executives are...