Gold stays near 10-month peak; Palladium jumps to record high

Spot gold slipped 0.2 percent to $1,323.81 per ounce as of 0448 GMT. The metal had touched $1,327.64 an ounce in the previous session, its highest since April 25

Asian shares gain on hopes for progress on China-US trade

The Shanghai Composite index added 0.3 percent to 2,762.73 in early trading, while Japan’s Nikkei 225-edged 0.1 percent higher to 21,297.67

Brent oil eases from 2019 highs as markets await trade talks outcome

Traders said the slight downward correction was driven by concerns about the health of the global economy this year

Exchange of information treaty between Pakistan, Switzerland becomes effective

On Monday, the tax regulator notified the Statutory Regulatory Order (SRO) 187 (1) 2019 under which the revised Convention on Avoidance of Double Taxation between Pakistan and Switzerland includes revised Article 25 having a more elaborate mechanism for accessing information between the two countries

Oil rises as investors grow optimistic over OPEC output deal

LONDON: Oil rose for a fifth day on Monday, on track for its strongest first quarter in eight years, thanks to a...

Honda to close UK car plant in 2022

LONDON: Japanese carmaker Honda is set to announce the closure of its only British car plant in 2022 with the loss of...

PSX closes 267 points lower amid dull trading

Cement sector lost 2.1pc after India imposed 200pc customs duty on all items imported from Pakistan KARACHI: Investors preferred to stay away from...

PSO reports profit after tax of Rs4.2bn in 1st half FY19

Economic downtrend and reduction in overall market size have impacted the company's profitability LAHORE: The Board of Management (BOM) of the Pakistan State...

‘Withdrawal of MFN status to Pakistan will hurt India more’

Sources say the decision will hardly impact Pakistan as its exports to India stand at a meager $410m ISLAMABAD: The Indian government’s announcement with...

Interloop gears up for March IPO, roadshows to commence in Lahore, Karachi next week

Interloop’s IPO could become the country’s largest private sector listing on the Pakistan Stock Exchange, eclipsing that of the bourse which raised Rs4.5 billion in 2016

PSX closes week on bearish note, sheds 400 points

Inflows of $1.6m during the week depicted muted foreign interest while average daily turnover stood at 125m, down 34.7pc WoW Investors...

Bank lending for ‘real economy’ key to boost China growth: central bank official

China’s banks made the most new loans on record in January following a series of moves to boost lending as authorities try to prevent a sharp slowdown in the world’s second-largest economy

Fed policymakers see one U.S. rate hike, or none, as growth slows

A weak retail sales report for December released this week was followed on Friday by a report showing manufacturing production posted its biggest decline in eight months in January

China-U.S. trade talks ‘making a final sprint’: state media

U.S. duties on $200 billion in imports from China are set to rise to 25 percent from 10 percent if there is no deal by March 1 to address U.S. demands that China curb forced technology transfers and better enforce intellectual property rights

Senate body directs mechanism to improve quality of exportable items

ISLAMABAD: Senate's Standing Committee on Statistics on Friday recommended the introduction of a mechanism to improve the quality of Pakistani products in the...