Oil prices dip as stock markets slide, but trading tepid ahead of OPEC meeting
International Brent crude oil futures were down 7 cents, or 0.1 percent, at $61.49 per barrel
NAB to expand investigation into Rs60 billion tax evasion by cigarette industry
The Auditor General of Pakistan (AGP) office said the cigarette industry was involved in tax evasion to the tune of Rs33 billion
PSX fails to maintain positivity, loses 299 points
KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday failed to keep up with its positive momentum and ended the session in red. Despite...
KSE-100 index nosedives over 800 points in intra-day trading
It nosedived to an intra-day low of 38,719.62 points, down 883.25 points on Wednesday
China confident it can clinch U.S. trade pact, Trump demands “real deal”
In a brief statement on its website, the ministry said China would try to work quickly to implement specific issues already agreed upon, as both sides “actively promote the work of negotiations within 90 days in accordance with a clear timetable and road map”
Asia shares sink after Wall Street sell-off
Hong Kong’s Hang Seng index fell 1.8 percent to 26,765.27 points and the Shanghai Composite Index lost 0.7 percent to 2,845.61
Oil prices slip on global growth concerns, swelling U.S. supply
International Brent crude oil futures were at $60.87 per barrel at 0508 GMT, down $1.21, or 2 percent, from their last close
SECP revamps regulatory framework for REITs
ISLAMABAD: In continuation of its efforts to foster the growth of real estate investment trusts (REITs), the Securities and Exchange Commission of Pakistan...
PSX gains 442 points amid revived investor sentiment
Market rebounded after economic reassurance from Finance Minister Asad Umar
KARACHI: In a battle between bulls and bears, the former emerged victorious at...
U.S. will not stop Iran exporting oil, Iranian president says
The United States has imposed sanctions on Iran and U.S. officials say they aim to reduce Iran’s oil exports to zero in a bid to curb the Islamic Republic’s missile programme and regional influence
Dollar weakens as U.S. bond yields fall, 3-5-year curve inverts
The dollar index, a gauge of its value versus six major peers, was off 0.23 percent at 96.8
Asia shares fall as lift from US-China trade truce ends
MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.3 percent as Chinese equity markets struggled to move out of negative territory
Oil prices extend gains on expected OPEC-led supply cuts
International Brent crude oil futures were up 40 cents, or 0.7 percent, at $62.09 per barrel
‘Hope’ for Abraaj as court allows restructuring
The Cayman Islands has agreed to an extension for Abraaj’s joint provisional liquidators to devise a restructuring proposal over the next three...
‘PSX to acquire new trading system from Shenzhen Stock Exchange’
PSX Chairman says a mobile app will be introduced to facilitate opening of accounts in Central Depository Company