PSX closes week on bearish note, sheds 400 points
Inflows of $1.6m during the week depicted muted foreign interest while average daily turnover stood at 125m, down 34.7pc WoW
Investors...
Bank lending for ‘real economy’ key to boost China growth: central bank official
China’s banks made the most new loans on record in January following a series of moves to boost lending as authorities try to prevent a sharp slowdown in the world’s second-largest economy
Fed policymakers see one U.S. rate hike, or none, as growth slows
A weak retail sales report for December released this week was followed on Friday by a report showing manufacturing production posted its biggest decline in eight months in January
China-U.S. trade talks ‘making a final sprint’: state media
U.S. duties on $200 billion in imports from China are set to rise to 25 percent from 10 percent if there is no deal by March 1 to address U.S. demands that China curb forced technology transfers and better enforce intellectual property rights
Senate body directs mechanism to improve quality of exportable items
ISLAMABAD:Â Senate's Standing Committee on Statistics on Friday recommended the introduction of a mechanism to improve the quality of Pakistani products in the...
PSX closes flat amid low turnover
KARACHI:Â The Pakistan Stock Exchange (PSX) ended the last session of the week slightly negative, as indices kept trading in red amidst low...
PSX closes 37 points lower amid dull trading
KARACHI:Â Bearish sentiments continued to dominate the Pakistan Stock Exchange (PSX) on Thursday as well. The indices kept slipping all day long amid...
U.S.-China trade talks move to higher level as deadline looms
Chinese trade data released on Thursday showed imports from the United States fell 41.2 percent from a year earlier to $9.24 billion, the lowest amount in dollar terms since February 2016
Dollar higher as euro sags; Aussie firms on China data
The dollar index, a gauge of its value versus six major peers, was marginally higher at 97.20, having gained 0.5 percent in the previous session
Asian shares retreat as China, US begin trade negotiations
Hong Kong’s Hang Seng gave up 0.7 percent to 28,305.33. and Australia’s S&P/ASX 200 shed 0.1 percent to 6,060.50, Kospi in South Korea lost 0.5 percent to 2,191.42
Oil prices edge up on hopes for U.S.-China trade breakthrough
U.S. West Texas Intermediate (WTI) crude futures were at $53.76 per barrel at 2338 GMT, up 10 cents, or 0.2 percent, from their last settlement
‘Developing Asia-Pacific countries struggling to meet social protection agenda’
ISLAMABAD: Many developing countries in the Asia-Pacific region still face "considerable challenges", particularly in creating sustainable financing needed for the local welfare...
PSX fails to stay afloat, closes in red
KARACHI:Â After a positive close in the previous session, Pakistan Stock Exchange was back in red zone on Wednesday, as indices that opened...
ILO warns quality of jobs is sliding for global workforce
GENEVA: Global progress in tackling unemployment and the employment gender gap is stalling and the quality of jobs is getting worse, the...
Oil gets a boost from Saudi output pledge, declining US inventories
LONDON: Brent oil prices rose on Wednesday, after top exporter Saudi Arabia said it would cut crude exports and deliver an even...