Qureshi eyes Pakistan-centric foreign policyISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Vice Chairman Shah Mehmood Qureshi, in his first press conference as the foreign minister, on Monday said that Pakistan's foreign policy would be reviewed afr...
Asia shares nudge up with yuan, wary on Sino-US talksMost Asian share markets crept cautiously higher on Monday as investors awaited developments on proposed Sino-US trade talks and the Chinese yuan rallied away from alarming lows. Spreadbetters pointed...
PSX index closes flat ahead of Eid-ul-Azha holidaysThe market closed negative Monday, as the index made an intraday high of +255 and a low of -138 points respectively to finally close flat at 42425.10 points level. After opening 232 points positive th...
CPEC spurs Pakistan’s industrial growth, up by 5.4% in FY18The country's large scale manufacturing (LSM) sector has witnessed growth of 5.38 percent during the fiscal year 2017-18 (FY18) compared to the corresponding period of last year, but, below the govern...
Oil prices slip on concerns over slowing economic growthOil prices fell on Monday as concerns over slowing economic growth dragged on markets. Brent crude futures , which act as a benchmark for international oil prices, were at $71.60 per barrel at 0531 GM...
Trump administration less concerned about conserving oilConserving oil is no longer an economic imperative for the U.S., the Trump administration declares in a major new policy statement that threatens to undermine decades of government campaigns for gas-t...
Greenback remains firm versus domestic unitThe US currency appreciated by 40 paisas against the domestic unit due to outflow in the form of importers' payments and a meagre supply of remittances and export proceeds. The dollar, which was tradi...
Serene prevails at lint market with thin tradingTrading at lint market remained lackluster as majority of stakeholders remained on holiday mood, fibre traders said. The ginning activities at ginneries in Sindh and Punjab stations remained near zero...
Yellow metal price witnesses correction on Gold Futures, hedgingyellow metal price in domestic and international market closed slightly up as leading stakeholders and hedgers kept manipulating ready-market physical prices. Hedgers made some deals on reports of out...