Oil prices climb amid expected OPEC cut, but markets remain wary
Front-month Brent crude oil futures were at $67.29 per barrel at 0259 GMT, up 53 cents, or 0.8 percent, from their last close
Interloop targeting Pakistan’s largest-ever private sector IPO
The nation’s 7th largest exporter is keen to get listed on the Pakistan Stock Exchange
Pakistan’s first tranche of $1 billion aid from Saudi Arabia to arrive on Monday: Asad Umar
The second and third tranche are expected to be received over the course of next two months from Saudi Arabia
Google lists 5 reasons why foreigners should invest in Pakistan
Google’s Head of Large Customer Marketing, South Asia, Lars Anthonisen believes Pakistan is on its way to producing one of the largest...
PSX manages to close in green amid volatility
Index adds 272 points from last week despite fragile macroeconomic indicators
KARACHI:Â The Pakistan Stock Exchange (PSX) put up a mixed show on...
Gold prices hit 1-week high amid Brexit turmoil
Prices are expected to end the week higher after declining nearly 2 percent last week
Sterling gripped by Brexit crisis; yen enjoys safety bid
Both the dollar and the yen benefited from a deepening crisis for UK Prime Minister Theresa May after the resignation of key ministers from her government imperilled her Brexit plan
Asia shares mixed on uncertainty over trade tensions
Japan’s Nikkei 225 index lost 0.4 percent to 21,717.57 and the Hang Seng in Hong Kong gave up 0.5 percent to 25,967.01
Oil rises on expected OPEC cuts, but surging U.S. supply drags
OPEC’s de-facto leader Saudi Arabia wants the cartel and its allies to cut output by about 1.4 million barrels per day (bpd), around 1.5 percent of global supply, sources said this week
IMF proposes government to raise GST to 18% as part of comprehensive fiscal adjustment
IMF has recommended bolstering revenue collection at the import stage because of 26% depreciation of the rupee since January 2018 and imminent depreciation under its programme
Bulls dominate play at PSX, index gains 435 points
KARACHI:Â It was a happy day for investors at the Pakistan Stock Exchange where bulls finally gave up on sleep and came back...
Asian stocks higher after Wall Street fall, Brexit approval
The Shanghai Composite Index rose 1 percent to 2,659.12 and Hong Kong’s Hang Seng added 1 percent to 25,907.2
Baltoro acquires stake in NBP funds
Baltoro made its first investment in Pakistan in 2016 by acquiring a stake in AGP Limited, a Karachi based pharmaceutical company
GNL set to launch Renault trucks in Pakistan
GNL will be responsible for the import, distribution and after-sales service of the three new ranges and also the CKD assembly at its manufacturing site located at Port Qasim, Karachi by the end of next year
Euro, pound firmer after Brexit deal but broader concerns support dollar
The recent correction in the dollar index has been due to rallies in the euro and sterling, which together constitute around 70 percent of the weight in the index