PSX gains over 1,400 points in week despite protests
First time since April that all five sessions of the week closed in green
KARACHI:Â The Pakistan Stock Exchange (PSX) during the last...
China’s Zhenhua Oil to sign oil deals with Iraq, Saudi at Shanghai expo: Sources
China’s Iraqi crude oil imports rose to 32.28 million tonnes in the first nine months of the year, or 863,000 barrels per day, 15 percent more than the same year-earlier level, according to Chinese customs data
Trump says ‘I think we’ll make a deal with China’ on trade
The United States has imposed tariffs on $250 billion worth of Chinese goods so far, while China has retaliated with $110 billion worth of tariffs on U.S. goods
Oil drops 1% as U.S. allows Iran sanctions waivers
Both contracts have fallen more than 15 percent from the near four-year highs touched in early October on worries the looming Iran sanctions could drain supply from global markets
‘More investors needed to transform Pakistan’s capital market’
PSX chief says Pakistan will have to bring the capital market into documented economy.
KARACHI:Â Pakistan Stock Exchange (PSX) Chief Executive Officer Richard...
PSX ignores countrywide protests to extend gains Â
Index reacts to PM Khan’s visit to China, gains 287 points to close week in green
KARACHI:Â Despite the ongoing countrywide protests, the...
Yen falls, Australian dollar gains as U.S.-China trade angst eases
Worries about Chinese economic growth and the trade row had pushed the offshore yuan to a 22-month trough of 6.9800 midweek.
PSX stays afloat amid volatility, gains 66.74 points
Foreign investors continued to off-load on Wednesday once again with a net outflow of $1.06 million
Shell profits soar to four-year high
The world’s second-largest listed oil and gas company saw its cash generation from operations rise by nearly 60 percent to $12.1 billion, as deep cost savings in recent years filtered through
Trade war impact deepens across Asia, but ‘real economic shock’ yet to hit
In sign conditions for exporters and factories were deteriorating, manufacturing surveys showed marginal growth in China, a slowdown in South Korea and Indonesia and a contraction in activity in Malaysia and Taiwan
Kuwait bourse seeks to create VC platform to finance startups
As Kuwait’s startup sector grows, the need for funds from these companies to fuel growth has been financed by venture capitalists and larger international groups in the same sector they operate in
Asia starts November up on strong Wall Street after brutal October
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.9 percent, adding to modest gains the previous day, though this came after a brutal October month
Oil prices fall on signs of rising supplies, ebbing confidence on global economy
Thursday’s drops came after U.S. Energy Information Administration data showed crude oil inventories climbed for a sixth straight week
Pakistan jumps 11 places to 136th in WB ease of doing business index 2019
Pakistan has improved business climate for SMEs
PSX manages to close in green despite countrywide protests
KARACHI: Despite taking several dips following the Supreme Court’s judgement, the Pakistan Stock Exchange managed to close the session on Wednesday in green...