Oil rises as Saudi Arabia signals OPEC deal extension

LONDON: Oil prices rose on Friday, climbing further from five-month lows hit this week amid signs that OPEC and other producers could extend...

Asia shares dazed by trade uncertainty, U.S. jobs risks

Oil prices regained a little ground after a rough week but was still vulnerable to worries about global demand and oversupply

China warns its companies on US travel, rebuffs trade criticism

BEIJING/WASHINGTON: China warned its companies operating in the United States on Tuesday they could face harassment from US law enforcement agencies, as it...

US manufacturing struggling as orders, shipments decline

WASHINGTON: New orders for US-made goods fell in April and shipments dropped by the most in two years, indicating continued weakness in...

Asian markets tumble on trade tensions

Asian stocks largely fell on Tuesday, reversing early gains on a bargain-hunting push by investors, as global trade tensions continued to weigh...

Industrial development imperative for economic uplift: Dawood

PM's aide says Pakistan's economic situation is not as bad as being portrayed by some quarters ISLAMABAD: Adviser to Prime Minister on Commerce...

Trump promises Britain a substantial post-Brexit trade deal as protesters gather

LONDON: Donald Trump promised Britain a substantial post-Brexit trade deal with the United States on Tuesday, quipping to outgoing Prime Minister Theresa May...

Dollar gains strength in interbank market ahead of holidays

The value of the greenback increased by Re0.75 in the interbank market and the dollar was traded at Rs148.90 ahead of Eidul...

Oil prices rebound on Saudi supply reassurances

LONDON: Oil prices rebounded from last week's heavy losses on Monday after reassurances over production from top oil exporter Saudi Arabia, the de-facto...

British Airways desires to increase destinations in Pakistan: official

ISLAMABAD: British Airways Chief Commercial Officer Andrew Brian has expressed the desire to start the airline's operations in other cities of Pakistan after...

CPI inflation up by 9.11pc in May

ISLAMABAD: The Consumer Price Index (CPI)-based inflation increased by 9.11 per cent in May 2019 as compared to the same month of last...

PSX plunges 469 points ahead of Eid

KARACHI: The Pakistan Stock Exchange (PSX) ended the only trading session of the week in the red, as indices kept shedding gains right...

Increasing power, gas tariffs the only option: Hafeez Sheikh

Presiding over a meeting on Saturday, Adviser to Prime Minister on Finance, Abdul Hafeez Shaikh said that increasing electricity and gas tariffs...

PEW criticises creation of market support fund

ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday criticised the government for creating a market support fund that it alleges will only...

Huawei ‘too close’ to Chinese govt to be trusted: US

SINGAPORE: Telecommunications giant Huawei is "too close" to the Chinese government, making it difficult to trust the company at the heart of an...