Asia markets enjoy positive end to volatile weekMost Asian markets rose again on Friday following a record close on Wall Street as trade war fears are tempered by hopes China and the US will eventually reach a compromise, while attention turns to t...
SCO join hands with PTCL to connect China with Europe & AfricaIslamabad: Special Communication Organization (SCO) and Pakistan Telecommunication Company Limited (PTCL) have signed an agreement to provide connectivity between China and major international destina...
PSX ends higher as investors ignore Nawaz, Maryam arrivalPakistan equities remained positive throughout the session Friday as the KSE-100 Index appeared to not be fazed by the arrival of Nawaz Sharif in Lahore. The Benchmark KSE-100 index continued its upwa...
ICCI shows concern over all time high trade deficit of over $37 billionThe Islamabad Chamber of Commerce and Industry has shown great concerns over the all-time high trade deficit that has touched US$ 37.7 billion during the fiscal year 2017-18 as it would put more press...
Oil futures edge lower, set for big weekly declines, on oversupply concernsOil prices fell on Friday as markets digested big swings earlier in the week that have left both major benchmarks facing a second weekly loss and largely shrugged off a warning about tightness in spar...
Greenback stands firm in value versus domestic unitThe greenback closed firm in value versus rupee in the interbank while depressed in open market on trivial demand by importers and corporate sector. The greenback closed at Rs 121.45 for buying and Rs...
Yellow metal price witnesses downward correction on dull hedging, speculationThe yellow metal price in international and domestic markets failed to retain value in successive couple of days trading on sluggish trading and under gold Future speculations, metal traders said. The...
Range-bound trading keeps lint prices firm, demand for better grades on riseThe cotton price stayed firm during the trading session at Punjab and Sindh stations. Around 2,000 bales changed hands. The Karachi Cotton Association (KCA) spot rate remained intact at Rs 8,400 per m...