Oil prices drop, remain close to their highest since mid-2015
TOKYO: Oil fell on Monday after U.S. shale drillers added more rigs last week, but prices still held close to their highest...
Asian stock markets higher, as US politics and tax bill take center stage
SEOUL: Asian stock markets were mostly higher on Monday, with U.S. politics in focus. Investors are digesting the U.S. Senate’s passage of...
Venezuela launches oil pegged cryptocurrency “petro”
CARACAS: Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch...
Bitcoin claws back to $10,500, after US regulator approves futures
LONDON: Bitcoin rebounded on Friday to hit the day’s highs above $10,500, recovering from an earlier dip below $9,500, after the U.S....
Wall Street regains composure after initial slide
NEW YORK: Wall Street took investors on a turbulent ride Friday as stock indexes veered into a steep slide that knocked 350...
FBR notches 20pc increase in revenue collection for July-November 2017
ISLAMABAD: Tax collection went up by 20 per-cent during July-November period of financial year 2017-18 touching Rs1.302 trillion, the Federal Board of...
OPEC cartel decides to extend production cut till end-2018
VIENNA: The OPEC cartel and a group of allied oil-producing nations agreed Thursday to extend crude output cuts until the end of...
Swirling Bitcoin registers $2,000 slump in 24 hours
LONDON: Bitcoin slid to as low as $9,000 in volatile trade on Thursday, having lost more than a fifth of its value...
Asian stock markets fall, following declines at Wall Street
TOKYO: Asian stock markets declined Thursday after U.S. tech stocks fell and China reported stronger manufacturing as investors looked ahead to a...
Bitcoin rallies past $11,000 barrier
LONDON/NEW YORK: Bitcoin zoomed past $11,000 (£8,185.5) to hit a record high for the sixth day in a row on Wednesday after...
Oil markets edgier, as OPEC set to meet in Vienna
SINGAPORE: Oil markets opened cautiously on Thursday ahead of the outcome of an OPEC meeting in Vienna later in the day, with...
Commerce ministry proposes Khursheed Shah’s nephew name for NICL chief
ISLAMABAD: Ministry of Commerce (MoC) has proposed the name of Syed Khursheed Shah’s nephew Rafeo Bashir Shah for the slot of National...
NICL CEO tenders notice of resignation to the board
ISLAMABAD: Allegedly involved in the recruitment of nine senior officials at National Insurance Company Limited (NICL), NICL Chief Executive Officer (CEO) Captain...
Commerce ministry removes CEO, nine senior officials of NICL over allegations
ISLAMABAD: The Ministry of Commerce has now removed Chief Executive officer (CEO) and nine senior officials of National Insurance Company Limited (NICL)...
Pakistan’s Sukuk, Eurobond issuance development to be monitored at PSX
LAHORE: Development regarding Pakistan’s Sukuk and Eurobond issuance would closely be monitored at Pakistan Stock Exchange (PSX) that could potentially boost confidence...