Asian stocks slip despite US, EU plan to ease trade tensionsAsian stocks mostly fell Thursday as investor relief at US President Donald Trump and the European Commission chief's plan to ease trade tensions was offset by disappointing Wall Street earnings. Trum...
Concerns linger in Europe after US-EU trade truceEuropean capitals on Thursday welcomed the trade truce announced by the EU and US but doubts lingered over its feasibility and the changing moods of President Donald Trump. Trump and European Commissi...
Trump touts trade win in Illinois steel town as others loseSteelworkers in Granite City, Illinois, threw a street party — complete with hot dogs, cold beer and a singer in red, white and blue — when US Steel announced earlier this year it was bringing hundred...
PSX index closes higher as market cheers successful electionsPakistan equities celebrated the 2018 election results with a strong positive opening Thursday. The Index retreated till 41,700 points level in mid-day after a gap opening however late buying in Index...
Oil prices rise as Saudi Arabia suspends shipments through Red Sea laneBrent crude led oil prices higher on Thursday, extending gains into a third day after Saudi Arabia suspended crude shipments through a strategic Red Sea shipping lane and as data showed US inventories...
Futures speculation, buyers’ interest help yellow metal price to recover valueThe 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 physical...
Greenback edges lower in value versus domestic unitThe greenback closed dull in value against the rupee in the interbank and open market dealings, treasurers and currency dealers said. It started the day's trading at Rs 128.40 for buying, with 10 pais...
Buying in second grade of lint remains moderate amid shrinking stocksThe traded volumes of second grade of lint remained moderate while forward deals also changed hands for better grades. Firmness of physical prices provided weak sellers to fetch better bottom-line pri...