Saudi Arabia has ‘no intention’ of 1973 oil embargo replay: TASS
Several U.S. lawmakers have suggested imposing sanctions on Saudi Arabia in recent days while the kingdom, the world’s largest oil exporter, has pledged to retaliate to any sanctions with “bigger measures”
Asia petrol buckles under supplies; crack at over two-year low
Petrol margins against Brent crude fell 63 percent from the start of the month to $3.04 a barrel on Thursday, the lowest since Aug. 1, 2016, before recovering to $3.55 a barrel on Friday
Naya Pakistan Housing: pipe dream or bold vision?
Experts weigh in on the feasibility of the government’s target of building 5 million homes in the country over the next five years
Eighteen: How an Egyptian company is building a new $2 billion Islamabad suburb
Orascom’s real estate arm believes there is a large enough market for Pakistanis who want to live the suburban life around the nation’s capital
Saudi shares slump amid crisis over Khashoggi killing
Saudi stocks dropped as world leaders pressed the kingdom to come clean about how and why government critic Jamal Khashoggi was killed.
The...
PSX rises 2.4pc in week despite early loses
KARACHI: Pakistan Stock Exchange (PSX) during the outgoing week recorded an increase of 2.4 per cent despite starting off on a negative...
China moves to lift confidence as economic growth hits weakest pace since 2009
On a quarterly basis, growth cooled to 1.6 percent from a revised 1.7 percent in the second quarter, meeting expectations
Google to charge Android partners up to $40 per device for apps: source
The new fee goes into effect on Oct. 29 for any new smartphone or tablet models launched in the European Economic Area and running Google’s Android operating system, the company announced on Tuesday
IMC resumes booking of vehicles
IMC requests customers to make partial payments only and told them not to make full payments at the time of booking their vehicles
PSX stages comeback to end week in green
Indices kept falling in the first half before making a U-turn
KARACHI: The battle between bulls and bears at the Pakistan Stock...
Gold edges higher as stocks slide; metal heads for third weekly gain
Spot gold was up 0.2 percent at $1,227.41 per ounce as of 0441 GMT, and about 0.8 percent higher for the week
Asia shares erase losses as China’s steps help Shanghai recover
The MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.05 percent after earlier falling as much as 0.9 percent ahead of the release of China’s latest GDP reading
Oil prices edge up, but set for weekly loss on stock build, trade row
For the week, U.S. crude was down 3.5 percent, while Brent was 1.1 percent lower, putting both on track for a second consecutive weekly decline
China economic growth slumps to weakest since 2009, demand ebbs as trade war bites
The economy grew 6.5 percent in the third quarter from a year earlier, slower than 6.7 percent in the second quarter, the National Bureau of Statistics said on Friday
Market Daily: Day ends in green as KSE-100 gains 335 points
LAHORE: Indices on Thursday moved in the upward trajectory from the word go as foreign investors still seem hesitant and ended as...