US pitches Europe its gas as alternative to Russia’s
According to the US Energy Information Administration, US exports of LNG soared from 0.5 billion cubic feet per day in 2016 to 1.94 billion cubic feet per day last year
Oil edges lower, set for big weekly decline
Brent crude eased 36 cents, or 0.5 percent, to $74.09 by 0326 GMT. On Thursday it gained $1.05 a barrel, rebounding from a session low of $72.67. It is heading for a weekly fall of nearly 4 percent
Dollar-denominated bond investors seek govt permission to trade them at PSX
Security Exchange Commission of Pakistan (SECP) permission is necessary for listing the bonds at the stock exchange
US soon to leapfrog Saudis, Russia as top oil producer
The United States led the world in oil production for much of the 20th century, but the Soviet Union surpassed America in 1974, and Saudi Arabia did the same in 1976, according to Energy Department figures
Asian stock markets rebound as dollar extends rally
The optimism helped bargain buying Thursday, with Tokyo ending the morning session more than one per cent higher, Hong Kong adding 0.5 per cent and Shanghai rallying 1.3 per cent
Brent oil gains $1 to claw back some losses
Brent crude rose $1.31, or 1.8 percent, to $74.71 by 0242 GMT after slumping 6.9 percent on Wednesday
Undeclared assets can hardly benefit people, says: Member FBR
Faheemul Haq admitted that FBR website was not easy to understand for common persons but added that it was being simplified and feedback from business and Industry was being taken into account
Dollar holds firm against yen, major peers on strong U.S. inflation
The dollar edged up 0.1 percent, trading at 112.07 yen after breaking through the 112-barrier for the first time since Jan. 10 in U.S. trade. The dollar had gained as much as 1.3 percent on Wednesday to 112.175 yen
Widening twin deficits overshadow performance of real economy: SBP
KARACHI: Real Gross Domestic Product (GDP) maintained its upward trajectory, exhibiting a 13-year high growth of 5.8 per cent in FY18. Benign...
Rs577b foreign assets, Rs1,192b domestic assets filed under amnesty scheme: Finance ministry
Unprecedented response witnessed to the Amnesty Scheme, claims ministry
Market Daily: PSX remains buoyant, closes up 133.95 points
LAHORE: The Pakistan Stock Exchange (PSX) started Wednesday morning in the red. Just when it seemed like indices have lost the momentum...
Gold prices decline, as dollar gains against yuan in escalating trade war
A firmer greenback makes bullion expensive for holders of other currencies as the commodity is priced in dollars
Asian stock markets rattled as U.S. ups ante in trade conflict
Hong Kong’s Hang Seng slid 1.5 percent and the Shanghai Composite Index dropped 1.8 percent
Summit Bank reiterates operations running smoothly and efficiently
SBP in a press release said the rumours circulating about Summit Bank in the media, especially social media were baseless and misleading besides advising the public and depositors of the bank to not pay any heed to such rumours
Brent crude drops more than $1 after U.S. softens stance on Iranian sanction waivers
Washington will consider requests from some countries to be exempted from sanctions it will put into effect in November to prevent Iran from exporting oil, U.S. Secretary of State Mike Pompeo said on Tuesday