Brent oil hits highest since late 2014Brent crude oil rose for a sixth day on Tuesday to hit its highest since November, 2014 at over $75 a barrel, buoyed by expectations that supplies will tighten just as demand reaches record levels. Br...
Dollar rises in Asia with Treasury yields, Japan exporters rallyThe dollar extended gains against its main peers and most other currencies Tuesday as rising US bond yields fan speculation of a sharp rise in interest rates, while most of Asia's major markets edged...
PSX ends higher on selective institutional buyingKARACHI: Pakistan equities surged on Tuesday with benchmark KSE100 index settling near 45,900 points level, up 1.1 percent or 505 points day-on-day (DoD). Market kicked off on a positive note and made...
CPEC among few things all Pakistanis agree on: Sherry RehmanKARACHI: "CPEC provides the perfect opportunity to bring advance manufacturing and production capacity enhancement to Pakistan. CPEC has already created 30,000 jobs in its early stages and we need to...
Pak-Qatar Takaful Group posts net profit of Rs 133 millionKARACHI: Pak-Qatar Takaful Group has registered an immense growth during the preceding year with an aggregate turnover of around Rs. 9.0 billion. The Group posted a net profit after tax of Rs. 133 mil...
SECP registers Al Hilal as first Shariah advisory company in PakistanKARACHI: The Securities & Exchange Commission of Pakistan (SECP) has registered Al Hilal Shariah Advisors (pvt.) Limited as the first Shariah Advisory company in Pakistan under the Shariah Advisor...
Gold Futures speculation, buyers’ interest help metal price to recover valueKARACHI: The yellow metal price in global and domestic markets remained firm and within reach of leading buyers on Gold Futures speculation. Improved demand from metal speculators and buyers, metal's...
Lint prices to stay high despite some depression in coming daysKARACHI: Cotton prices in the country to face a slight depression but will remain on the higher side due to growing demand of the commodity by textile and spinning sectors. Import of cotton is not via...
Dollar remains flat in value versus domestic unitKARACHI: The rupee showing a mixed trend against dollar during interbank trading resisted its decline due to dull payments made by commercial banks. The US currency, closed flat at 115.50 versus rupee...