PSX Index ends in red over MSCI reviewKARACHI: The KSE-100 movements Wednesday were reminiscent of a seesaw, where the local bourse juggled between green and red, making an intraday low of -389 points, followed by an intraday high of +170...
‘Substantial progress’ made on massive China trade deal that excludes USSubstantial progress has been made on hammering out a China-backed trade deal, Singapore's leader said Wednesday, driving ahead the world's largest commercial pact which the United States is excluded...
Energy firms dive with oil in Asia, most regional markets retreatAsian energy firms took another battering on Wednesday after oil prices suffered their worst day in three years, while most of the region's major equity markets fell into negative territory. The pound...
Hutchison Ports Pakistan named ‘Container Terminal of the Year’Hutchison Ports Pakistan was presented the Container Terminal of the Year (South Asia) award at the inaugural Transport and Logistics Middle East Excellence Awards 2018. The country's first deep-water...
Yellow metal price closes firm on demand, Gold FuturesKARACHI: Yellow metal prices in domestic and international market remained firm, as demand by leading buyers and gold hedgers witnessed some improvement. However, leading gold stakeholders in internat...
PTCL & Convo announce first-ever Pakistan-based Cloud Enterprise Social Collaboration PlatformPakistan Telecommunications Company Limited (PTCL), has signed a Memorandum of Understanding (MoU) with Convo Corporation, a leader in Enterprise Social Collaboration Platforms based out of Silicon Va...
Trade to be boosted, corruption to be rooted out: Shibli FarazPakistan and Brazil have agreed to strengthen cooperation in the areas of trade, fighting corruption and enhance parliamentary linkages for the benefit of the people of two sides. This was agreed upon...
Oil struggles to find footing after 7 percent slide as outlook darkensOil struggled to find its footing on Wednesday after plunging 7 percent the previous session, with surging supply and the spectre of faltering demand scaring off investors. US West Texas Intermediate...
All new power generation projects should base on local resourcesAll new power generation projects should be based on indigenous resources, said Minister for Power Omar Ayub Khan while chairing the 120th Board meeting of Private Power and Infrastructure Board (PPIB...
Greenback remains firm in value versus domestic unitThe greenback closed on steady note in value against rupee in the interbank and open market, treasurers and currency dealers said. It started day's trading at Rs 133.60 for buying, with 10 paisas vari...