PSX sheds 276 points amid lacklustre trading
Overall volumes (66.83 million)Â fall by a massive 33 pcÂ
KARACHI:Â The trading floor of the Pakistan Stock Exchange (PSX) kept waiting for investors...
Malaysia files criminal charges against Goldman, ex-bankers in 1MDB probe
Goldman Sachs has been under scrutiny for its role in helping raise $6.5 billion through three bond offerings for 1Malaysia Development Bhd (1MDB), which is the subject of investigations in at least six countries
Dollar index near 19-month high on safe-haven bid amid global growth worries
The dollar index, which gauges its value versus six major peers, was little changed at 97.44, below the 19-month high of 97.71 it hit on Friday
Asian shares edge higher with Fed meeting in focus
Japan’s Nikkei 225 index added 0.8 percent to 21,536.85 and the Kospi in South Korea gained 0.3 percent to 2,074.51
Oil prices pressured by oversupply, global economic concerns
International Brent crude oil futures were at $60.33 per barrel at 0423 GMT, up 5 cents, or 0.08 percent, from their last close
Analysts who warned of emerging-market rout expect painful 2019
If Jason Daw is right, some of the world’s biggest investors are setting themselves up for a major disappointment.
The Singapore-based strategist at...
Govt to help local furniture manufacturers enhance their exports
LAHORE: Noting that Pakistani handmade furniture products have the potential to capture the world market, Punjab Governor Ch Muhammad Sarwar on Friday...
Stock market gains 574 points as KSA injects $1bn
KARACHI:Â After trading in red for three consecutive sessions, the Pakistan Stock Exchange (PSX) rallied up and ended the last session of the...
Asian LNG prices snap three-week losing streak as winter kicks in
Spot prices for January delivery edged up about 10 cents to around $8.90 per million British thermal units (mmBtu)
Gold set for biggest weekly fall in 5; firm dollar weighs
Spot gold was 0.4 percent lower at $1,237.65 per ounce as of 0747 GMT
Matco to setup joint venture company with Barentz International
The JV is being set up for the import, sales, and distribution of ingredients used in pharmaceutical, personal care, food & nutrition, and animal nutrition in the life science and food nutrition sector
Dollar gains as focus shifts to Fed, euro and sterling under pressure
The dollar has been the biggest winner of 2018, having gained 5.3 percent over its peers so far this year
Asian shares fall on poor Chinese economic data
Japan’s Nikkei 225 index slid 1.7 percent to 21,439.16 and the Kospi in South Korea lost 1.2 percent to 2,070.70
Engro Corp divests 29% stake in ETPL to Vopak for $31.378 million
In end-November it was reported Vopak would purchase a total 44% stake in Elengy Terminal Pakistan Ltd, which operates the country's first liquefied natural gas (LNG) import facility
Oil prices fall as investors take profits amid China economy worries
Brent crude oil futures were at $61.09 per barrel at 0353 GMT, down 36 cents, or 0.6 percent, from their last close