Oil rises as Biden wins, OPEC+ signals deal can be tweaked
LONDON: Oil rose on Monday, with Brent topping $40 a barrel, after Joe Biden clinched the US presidency and buoyed risk appetite,...
Dollar falls to eight-month low against rupee; reaches Rs159.46
KARACHI:Â Pakistani Rupee continued its winning streak against the US Dollar in the interbank market, gaining another 37 paisas on Friday to bring...
Oil falls as coronavirus cases rise and US vote count continues
LONDON: Oil fell towards $40 a barrel on Friday as new lockdowns in Europe to halt surging Covid-19 infections sparked concern over...
Bitcoin surges past $15,000, becomes top asset of 2020
LONDON: Bitcoin is up about 120pc in 2020, exceeding gold’s near 30pc jump.
The crypto index has rallied some 11pc during a three-day...
Bears dominate PSX as benchmark index sheds 339 points
KARACHI: Bears returned to the Pakistan Stock Exchange (PSX) on Friday, as the benchmark KSE-100 Index failed to hold on to early...
Investors march back into China bets after Ant IPO halt, US vote
SHANGHAI/SINGAPORE: The shock suspension of Ant Group’s massive share offering and a possible Joe Biden US presidency have become fresh tailwinds for...
Dollar falls further to Rs159.81
KARACHI: Pakistani Rupee continued with its winning streak in the interbank market, gaining another 16 paisas against the US Dollar on Wednesday.
According...
KSE-100 fails to extend overnight rally, sheds 198 points
KARACHI: Failing to sustain gains accumulated in early trade, the Pakistan Stock Exchange (PSX) closed in the red on Wednesday.
Global equity markets,...
Imported sugar to be sold at Rs83.5 per kg in Lahore markets
LAHORE:Â The district administration of Lahore has issued a notification to sell imported sugar at Rs83.5 per kg in the markets, stating that...
China slams the brakes on Ant Group’s $37bn listing
HONG KONG: China suspended Ant Group's $37 billion stock market listing on Tuesday, thwarting the world’s largest IPO with just days to...
Envoy stresses focus on value addition to increase exports to China
KARACHI: Pakistan's Consul General in Shanghai Hussain Haider has stressed the need to focus on value addition in order to increase Pakistan's...
Importers of Pakistan’s basmati rice to challenge Indian GI claims in EU
Pakistan to file objection by first week of December
Dollar falls to six-month low against rupee
Pakistani Rupee continued its winning streak against the US Dollar in the interbank market, as PKR gained another 14 paisas on Tuesday...
Trade deficit contracts 22.6pc in October
ISLAMABAD:Â A meeting of the Ministry of Commerce was held on Tuesday under the chairmanship of Advisor to Prime Minister on Commerce and...
Oil prices extend rally on US election day
LONDON: Oil prices extended their rally on US election day with a 3pc gain as financial markets staged a broad recovery, but...