Iran says Japan has started process of importing Iranian oil
Iranian oil accounted for 5.3 percent of Japan’s total crude imports in 2018
Gold steady as rising risk appetite offsets Fed pause views
Gold has risen more than 10 percent since touching 1-1/2-year lows in mid-August, mainly due to tumultuous equity markets and a softer dollar
Asian markets advance on optimism over China-US trade
The Shanghai Composite Index surged 0.7 percent to 2,615.46 and Hong Kong’s Hang Seng index climbed 0.6 percent to 27,262.01
Dollar firm near two-week high, risk appetite unfazed by weak China GDP
The dollar index, which measures its strength against a group of six major currencies, was steady at 96.308 after climbing to 96.394 percent on Friday, its strongest since Jan. 4
Oil firms as China’s slowdown not as steep as some expected
International Brent crude oil futures were at $62.83 per barrel at 0259, up 13 cents, or 0.2 percent, from their last close
FBR resolved 20% of total tax evasion and fraud cases involving billion of rupees in 2018
The Director-General Intelligence and Investigation-Inland Revenue department has unearthed tax evasion worth Rs170 billion throughout Pakistan last year
Daily bitcoin transactions on darknet markets doubled throughout 2018
Use of bitcoin as a form of payment doubled in 2018 on darknet market sites, where users can buy anything from illegal...
Tesla to cut workforce by 7pc, sees small fourth-quarter profit
This is Tesla's second job cut in seven months, as the company had cut 9pc of its workforce in June last...
PSX recovers to end marginally positive
KARACHI:Â Investors of Pakistan Stock Exchange (PSX) witnessed a turbulent session on Friday where the indices after swinging in both directions ended day...
Renault targets 2019 sales growth after a 3.2 percent gain in 2018
Renault’s sales rose to a record 3.88 million vehicles last year, including some 166,000 sold through its new partnership with China’s Brilliance
Ikram Sehgal appointed as K-Electric chairman
He is also a regular columnist in the print media since 1987 and also a member of international organizations like the prestigious World Economic Forum (WEF), International Organization for Migration (IOM)
Asian LNG prices slip, but plant outages limit losses
Spot prices for March delivery to Asia LNG this week slipped to $8.20 per million British thermal units (mmBtu), down 10 cents from the previous week, trade sources said
Raid on car showroom in Karachi unearths major case of tax fraud
A team of senior income tax officers has been set up to commence an operation against tax evaders and Thursday’s raid was the start, according to Chief Commissioner Corporate Regional Tax Office, FBR, Karachi
Asia stocks rise broadly on U.S.-China trade relief
MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.55 percent. The index has gained 1.3 percent this week
Oil up 1 percent on OPEC cuts, hopes of easing Sino-U.S. trade tensions
International Brent crude oil futures were up 66 cents, or 1.1 percent, at $61.84 per barrel