Oil prices surge 5pc after US, China agree trade war ceasefire Â
LONDON:Â Oil prices jumped by more than 5 per cent on Monday after the United States and China agreed to a 90-day truce...
PSX plunges 1,335 points on weak macroeconomic outlook
Investors yet to recover from 3.80pc rupee depreciation
KARACHI:Â Bears were out on the hunt on Monday (first trading session of the month)...
Stock market on edge ahead of Trump-Xi meeting
NEW YORK: Trade tensions that have clouded Wall Street's outlook for more than eight months will come to a head this weekend...
Market Weekly: PSX down by 373 points as investors await economic clarity
Foreign investors offloaded equities worth $51.1 million during the week
KARACHI:Â A host of key financial developments during the outgoing week kept the...
PSX down by 142 points following rupee depreciation
KARACHI:Â Last day of the week brought no good news for investors at the Pakistan Stock Exchange (PSX), as the index reacted adversely...
Dollar treads water ahead of Trump-Xi meet at G20 summit
The greenback has been under pressure this week on growing expectations that the Federal Reserve would slow down its pace of monetary tightening
Asia shares mixed ahead of Trump-Xi meeting at G-20 summit
Japan’s Nikkei 225 index climbed 0.4 percent to 22,351.06 and the Hang Seng in Hong Kong added 0.5 percent to 26,586.53
Oil prices creep up on expected OPEC cuts, but U.S. supply growth caps gains
International Brent crude oil futures were at $59.65 per barrel at 0533 GMT, up 14 cents, or 0.2 percent, from their last close
Asian LNG prices on downward spiral amid warm winter, high stocks
Spot prices for January delivery in North Asia were estimated at about $9.80 per million British thermal units (mmBtu), down 20 cents from the previous week
Govt takes away tax policy powers from FBR
A committee has been set up to chart out the legal and technical issues surrounding the decision
Devaluation ‘inevitable’, govt says after rupee falls to historic low
Rupee drops to lowest value ever against US dollar at Rs144 in intra-day trading before SBP intervenes to raise it to Rs136.5-137.5 at market close
FBR and Commerce Ministry at loggerheads over National Tariff Policy
The approval of NTP was included in the hundred-day agenda of advisor to Prime Minister on Commerce, Industry, Textile and Board of Investment (BOI) which was missed
Tax department detects benami account being run by a property dealer
Federal Investigation Agency (FIA) on the instruction of Supreme Court is probing the fake accounts while I&I IR FBR have also detected a fake/benami account run by a big property dealer
Abraaj founder Naqvi pitches last-ditch rescue bid to investors
Naqvi has met limited partners and creditors in an effort to win back their support for a plan to restructure the debt of Abraaj Holdings and some of its older funds to avert liquidation for the Dubai-based firm, two sources said
Unilever CEO Polman to retire, replaced by beauty head Jope
At the helm of Unilever for 10 years, Polman generated big returns for shareholders totalling 290 percent over the period, expanded its presence in emerging markets, and in 2017 fended off a $143 billion takeover approach by Kraft-Heinz