Pakistan equities close marginally negative amidst dull volumesPakistan equities closed Thursday negative with benchmark KSE-100 Index losing 37 points, closing at 40,507 levels, down 0.1 percent. Mix trend was seen during the day where Cements remained the major...
US fails to halt Iran bid to free frozen billionsAn international court Wednesday ruled Iran can proceed with a bid to unfreeze assets in the United States, rejecting Washington's claims the case must be halted because of Tehran's alleged support fo...
Global oil supply will swamp demand in 2019, warns IEAThe global oil market will struggle this year to absorb fast-growing crude supply from outside OPEC, even with the group’s production cuts and US sanctions on Venezuela and Iran, the International Ene...
How much is a jet worth? Half price, Airbus figures showAirbus lifted the lid on one of the aircraft industry's worst-kept secrets on Thursday, revealing the scale of average discounts in the cut-throat global jet market. For years, planemakers such as Air...
US and China seek deal to prevent trade-war escalationUS and Chinese negotiators on Thursday kicked off two days of high-level talks that President Donald Trump says could decide whether he escalates the bruising tariff battle between the world's two big...
Brent crude oil hits 2019-high on Sino-US trade hopes, upbeat China dataOil prices rose by around 1 percent on Thursday, with Brent crude futures hitting a 2019-high, buoyed by hopes that the Sino-US tariff dispute could end soon and as China's trade figures including cru...