Global markets: Asian shares slip as Sino-US trade tensions intensifyAsian shares fell and copper prices eased on Tuesday after Washington announced new tariffs on Chinese imports, inflaming trade tensions between the world's two biggest economies. US stock futures too...
PSX Index rallies on budget amendmentsKARACHI: Pakistan equities on Tuesday witnessed bullish momentum throughout the day on back of changes made in Finance Bill. The Benchmark KSE-100 surged by 717.60 points or 1.77 percent and closed at...
Oil prices drop as escalating US-China trade war clouds demand outlookOil markets fell on Tuesday as the latest escalation in the Sino-US trade war clouded the outlook for crude demand from the two countries, which are the world's top two oil consumers. Brent crude futu...
PTI’s mini budget draws mixed reactionsIndustry analysts have generally expressed both positive and negative perceptions about the incumbent government's amendments to the budget for fiscal 2018-2019 announced Tuesday. While some lauded th...
Australia signs agreement for collaboration on water, food and energy securityAustralian High Commissioner to Pakistan, Margaret Adamson, and Secretary for Water Resources, Shamail Khawaja on Tuesday signed a Memorandum of Understanding between Australia and Pakistan for collab...
Systems Limited recognised as 2018 Microsoft Country Partner for PakistanSystems Limited proudly announced it has won the 2018 Microsoft Country Partner of the Year Award for Pakistan. The company was honored among a global field of top Microsoft partners for demonstrating...
Greenback closes flat in value versus domestic unitThe greenback remained flat in value versus rupee in the interbank market on insignificant demand by importers, said treasurers. The greenback closed at Rs 124.10 for buying and Rs 124.30 for selling,...
Buyers consolidate positions on shrinking stocks amid steady spot rateBuyers bought fine grade of lint on slightly higher price amid firm spot rate while sellers withholding raw stocks offered their stuff on better price to capitalise maximum financial benefit, fibre tr...
Yellow metal price retains upward trend on demand, fortifying inventoriesThe price of yellow metal closed in green in international and domestic market on Gold Futures deals and investors' demand, metal traders said. The buyers in general kept dealing on prevailing physica...