Oil prices pressured by oversupply, global economic concerns
International Brent crude oil futures were at $60.33 per barrel at 0423 GMT, up 5 cents, or 0.08 percent, from their last close
Analysts who warned of emerging-market rout expect painful 2019
If Jason Daw is right, some of the world’s biggest investors are setting themselves up for a major disappointment.
The Singapore-based strategist at...
Govt to help local furniture manufacturers enhance their exports
LAHORE: Noting that Pakistani handmade furniture products have the potential to capture the world market, Punjab Governor Ch Muhammad Sarwar on Friday...
Stock market gains 574 points as KSA injects $1bn
KARACHI:Â After trading in red for three consecutive sessions, the Pakistan Stock Exchange (PSX) rallied up and ended the last session of the...
Asian LNG prices snap three-week losing streak as winter kicks in
Spot prices for January delivery edged up about 10 cents to around $8.90 per million British thermal units (mmBtu)
Gold set for biggest weekly fall in 5; firm dollar weighs
Spot gold was 0.4 percent lower at $1,237.65 per ounce as of 0747 GMT
Matco to setup joint venture company with Barentz International
The JV is being set up for the import, sales, and distribution of ingredients used in pharmaceutical, personal care, food & nutrition, and animal nutrition in the life science and food nutrition sector
Dollar gains as focus shifts to Fed, euro and sterling under pressure
The dollar has been the biggest winner of 2018, having gained 5.3 percent over its peers so far this year
Asian shares fall on poor Chinese economic data
Japan’s Nikkei 225 index slid 1.7 percent to 21,439.16 and the Kospi in South Korea lost 1.2 percent to 2,070.70
Engro Corp divests 29% stake in ETPL to Vopak for $31.378 million
In end-November it was reported Vopak would purchase a total 44% stake in Elengy Terminal Pakistan Ltd, which operates the country's first liquefied natural gas (LNG) import facility
Oil prices fall as investors take profits amid China economy worries
Brent crude oil futures were at $61.09 per barrel at 0353 GMT, down 36 cents, or 0.6 percent, from their last close
China’s consumers, factory output take a beating as economic gloom deepens
Retail sales rose 8.1 percent in November from a year earlier, data from the National Bureau of Statistics showed on Friday, below expectations for an 8.8 percent rise and the slowest since May 2003
PSX heads south on low turnover
Index loses 295 points; trading volumes decline by 42pc
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) witnessed another rough session on Thursday,...
Noor Financial to divest 5.96% stake in Meezan Bank
In August, according to a notice filed on the exchange, Meezan Bank Limited announced that Noor Financial Investment divested 0.85% of its shareholding
Rupee to weaken to Rs148 against greenback by end of FY19: Fitch Solutions
It expects the trade deficit to narrow over the coming months irrespective of oil price dynamics taking the country’s dollar shortage and recent rupee weakness into context