Asian mills look to secure long-term wheat supply

Asia is also the top importer, with shipments of the grain set to hit 55.13 million tonnes this year, up 46 percent since 2010-11 and the second-largest total on record, USDA data showed

Asia shares extend losses after rout on Wall Street

Japan’s Nikkei 225 index sank sharply on the open. By early afternoon it was down 3.3 percent at 21,369.48

Oil prices fall one percent amid global stock market slump

Markets have been hit hard this month by a range of worries, including the Sino-U.S. trade war, a rout in emerging market currencies, rising borrowing costs and bond yields, as well as economic concerns in Italy

Govt removes stipulation permitting non-filer overseas Pakistani’s to purchase property

The government issued a circular disclosing the stipulation on purchase/transfer of property having a value over Rs5 million by non-filers was not applicable to legal heirs procuring property via inheritance

Wall Street drops as chipmakers fan corporate growth fears

Benchmark S&P 500 is on a six-day losing streak and has fallen in 14 of the 18 trading days this month US...

PSX reacts to Saudi aid, index gains 1,556 points

'Pakistan might get a $6-7 billion financial package from IMF in the wake of Saudi deal' KARACHI: Bulls of the Pakistan Stock...

MCB Bank posts Rs14.31bn PAT in nine months

The MCB Bank Limited board of directors met under the Chairmanship of Mian Mohammad Mansha on Wednesday to review the bank’s performance...

Asian stocks edge up on China stimulus hopes, oil near two-month lows

MSCI’s broadest index of Asia-Pacific shares outside Japan was last up 0.2 percent following a decline of more than 2 percent in the previous session

Rupee sharply regains Rs1.92 against greenback in inter-bank market

The rupee has been depreciated five times against the greenback since December 2017, which has seen the local currency losing a cumulative 27% of its value against the greenback

Oil edges back from big slump as Iran sanctions return to focus

Front-month Brent crude oil futures were at $76.72 a barrel at 0320 GMT, 28 cents, or 0.4 percent, above their last close

BoK declares Rs927mn PAT for third quarter 

PESHAWAR: A meeting of the Bank of Khyber's (BoK) Board of Directors was held at Islamabad to approve the quarterly results for...

‘Govt’s economic measures reviving business confidence at stock market’

PSX chairman says best companies of the world achieved operational excellence that gave them an edge over traditional corporations KARACHI: Fresh economic measures...

Stocks tumble as index plunges 630 points

KARACHI: Pessimism surrounded the Pakistan Stock Exchange (PSX) on Tuesday where the indices were seen dripping lower and lower. On the economic front,...

Pak Suzuki posts Rs95mn profit after tax for 3Q2018

Margin compression and higher taxation resulted in lower earnings Pak Suzuki (PSMC) reported its results for the third quarter of the current...

PSX drops 84 points amid volatility

KARACHI: The Pakistan Stock Exchange (PSX) opened the first day of the week on a positive note, following the finance minister’s visit to...