Oil prices fall as U.S. crude output hits record 12 million bpd
International Brent crude futures were at $66.87 per barrel at 0326 GMT, down 20 cents, or 0.3 percent, from their last close
Differences continue over administrative changes at FBR’s top brass: Report
According to government sources, Prime Minister Imran Khan is unwilling to change FBR Chairman Jehanzeb Khan at this juncture
Stock market sheds 208 points amid bearish sentiments
Power generation and distribution sector lost 2.29pc from its cumulative market capitalisation following the announcement of power tariff increaseÂ
KARACHI:Â The Pakistan Stock...
MCB reports Rs21.36bn profit after tax
LAHORE:Â The Board of Directors of MCB Bank Limited met under the Chairmanship of Mian Mohammad Mansha on Wednesday to review the performance...
Govt to launch Rs100,000 prize bonds: reports
The government has decided to launch prize bonds of Rs100,000 denomination by March, according to media reports.
The investors would get 12.5 per...
Stock market ends 322 points higher, breaks three-day losing streak
KARACHI:Â The Pakistan Stock Exchange (PSX) ended its three-day losing streak on Wednesday, as indices that traded in the red zone in the...
Asian shares mixed following advance on Wall Street
The Nikkei 225 index rose 0.6 percent to 21,431.49 despite news that Japan’s exports sank 8.4 percent in January from a year earlier, far more than forecast
Oil slips away from 2019 highs as surging US supply undermines OPEC cuts
OPEC-member and top crude exporter Saudi Arabia is expected to reduce shipments of light crude oil to Asia in March as part of the effort to tighten markets
IGI Investments to invest 45% in equity of S.C Johnson Pakistan
S.C Johnson & Son is a leading global manufacturer of household cleaning products and products for home storage, air care, pest control and shoe care, as well as professional products
Govt hopeful of raising tax-to-GDP ratio to 13.9% in next three years
It also forecasts to raise the revenue-to-GDP ratio to 14.6% by 2021-22, including FBR collection and revenue from other sources
Qualcomm launches new chip to power 5G smartphones
Qualcomm Inc on Tuesday introduced its second-generation of so-called modem chips to connect phones to 5G networks, speeding up the race around...
WTO warns of global trade slowdown as indicator hits nine-year low
GENEVA: A quarterly leading indicator of world merchandise trade slumped to its lowest reading in nine years on Tuesday, which should put...
Stocks plunge 262 points amid political noise
KARACHI:Â Negative sentiments prevailed at the Pakistan Stock Exchange (PSX) once again on Tuesday, as the indices which opened in green failed to...
Overseas investors shy away from Asian bond markets in January
Foreigners sold a net $3.27 billion worth of bonds last month, the highest since June 2018, data from central banks and bond market associations in Malaysia, Thailand, Indonesia, South Korea and India showed
New round of U.S.-China trade talks to begin in Washington on Tuesday
The talks are aimed at “achieving needed structural changes in China that affect trade between the United States and China