PM Shehbaz orders immediate restoration of NCOC Updated 10 May, 2022 05:52pm Directive comes a day after Pakistan detected first case of Omicron sub-variant BA.2.12.1 on Monday
UK's Heathrow airport says Jan passenger traffic weaker than expected Published 11 Feb, 2022 12:32pm Britain's biggest airport Heathrow said on Friday travel demand in January was weaker than expected, as fears of the...
Australia's COVID-19 hospital admissions fall to lowest in weeks Published 02 Feb, 2022 11:03am SYDNEY: Australia's COVID-19 hospitalisation rate fell to its lowest in nearly three weeks on Wednesday, while a...
OPEC+ technical committee trims 2022 oil surplus forecast Published 02 Feb, 2022 04:45am LONDON: The OPEC+ Joint Technical Committee (JTC) expects the overall surplus in 2022 to reach 1.3 million barrels...
Eurozone unemployment hits historic low Published 02 Feb, 2022 04:45am BRUSSELS: The eurozone’s unemployment rate fell to a historic low in December, official figures showed Tuesday, as...
Gold set for worst month since September on Fed rate-hike prospects Published 31 Jan, 2022 10:54am Gold prices fell on Monday and were set for the biggest monthly drop since last September, as markets anticipated...
Yellen says state, local aid strengthened US cities' COVID-19 responses Published 19 Jan, 2022 08:31pm WASHINGTON: The $350 billion in coronavirus relief aid for state and local governments has allowed US cities to...
Asian markets mixed as Fed hikes loom, China growth slows Published 17 Jan, 2022 10:13am HONG KONG: Asian investors started the week on a cautious note Monday as they assessed the outlook ahead of an...
Omicron slams UK retail recovery: body Published 07 Jan, 2022 10:00am LONDON: Restrictions imposed in the wake of the Omicron coronavirus variant have "wiped out" much of a recent...
Thai Omicron outbreak key risk to economic recovery Published 05 Jan, 2022 11:05am Thailand's outbreak of the Omicron coronavirus variant could have a larger and more prolonged impact than expected ...
FTSE 100 hits fresh 1-1/2 year high in upbeat start to the year Published 04 Jan, 2022 02:33pm UK's FTSE 100 rose on Tuesday in the first trading session of the year after its best yearly gain in five years...
US dollar hits 5-year high vs yen as investors bet on Fed hikes Published 04 Jan, 2022 02:30pm LONDON: The US dollar rose to a five-year high versus the yen on Tuesday, boosted by expectations of US Federal...
India reports most COVID-19 cases since early September Published 04 Jan, 2022 11:07am NEW DELHI: India reported 37,379 new COVID-19 cases in the past 24 hours, the health ministry said on Tuesday, the...
Delhi chief minister tests positive for COVID-19 as India cases hit highest in months Published 04 Jan, 2022 11:04am NEW DELHI: India reported 37,379 new COVID-19 cases in the past 24 hours, the health ministry said on Tuesday, the...
India's Dec jobless rate hits four-month high of 7.9%-think tank Published 03 Jan, 2022 10:03am NEW DELHI: India's unemployment rate hit a four-month high in December, data from the Centre for Monitoring Indian...
Oil heads for biggest annual gains since 2009 Updated 31 Dec, 2021 01:58pm MELBOURNE: Oil prices edged down on Friday but were set to post their biggest annual gains in 12 years, spurred by...
JGB yields track US counterparts higher as Omicron fears abate Published 30 Dec, 2021 12:00pm TOKYO: Japanese government bond yields rose on Thursday, tracking US Treasury yields higher on expectations that the...
Asian markets flat in quiet holiday trade Published 30 Dec, 2021 09:43am HONG KONG: Asian stocks were mostly flat on Thursday in cautious trade following a mixed close on Wall Street and...
Asia stocks, crude oil retreat as Omicron worries weigh Updated 27 Dec, 2021 12:34pm TOKYO: Asian stocks weakened with crude oil in holiday-thinned trading on Monday, as uncertainty over the economic...
Cotton set for third weekly rise as Omicron fears ease Published 24 Dec, 2021 05:43am NEW YORK: ICE cotton futures rose on Thursday and were on track for a third straight weekly gain on strong demand...
Dollar firm but risk-sensitive currencies also rise Published 24 Dec, 2021 05:43am NEW YORK: The dollar edged higher against a basket of currencies on Thursday, but its gains were capped as easing...
Australia, NZ dollars extend rally Published 24 Dec, 2021 05:43am SYDNEY: The Australian and New Zealand dollars clung to much-needed gains on Thursday as investors hoped reports the...
Industrial, financial stocks lift London’s FTSE 100 Published 23 Dec, 2021 04:23am • GDP +1.1pc in Q3 revised down from +1.3pc • Gyroscope parent Syncona Ltd jumps on deal with Novartis
Asia’s naphtha, gasoline margins higher Published 23 Dec, 2021 04:23am NEW DELHI: Asia’s naphtha and gasoline margins gained on Wednesday as investors expect limited impact of Omicron...
TSX eyes best day in 2 weeks Published 22 Dec, 2021 06:13am TORONTO: Canada’s main stock index rose on Tuesday and was on track for its best session in two weeks, as energy...
Dollar rises as markets digest central bank news, look to year-end Published 18 Dec, 2021 04:33am NEW YORK/LONDON: The dollar rose on Friday as markets approached the end of a busy week in which major central banks...
Oil prices head for weekly loss on Omicron coronavirus uncertainty Updated 17 Dec, 2021 12:27pm SINGAPORE: Oil prices dipped on Friday, putting the market on track for a narrow weekly loss, as surging cases of ...
Asia’s gasoline cracks drop amid demand concerns Published 17 Dec, 2021 04:30am NEW DELHI: Asian refining margins for gasoline fell on Thursday as raw material crude prices firmed, while some...
FTSE dips as inflation surges to 10-year high Published 16 Dec, 2021 04:00am • IAG down on plans to cancel Air Europa acquisition • Rentokil falls for second day on M&A plans • Inflation jumped to 5.1pc in Nov vs. 4.2pc in Oct • FTSE 100 down 0.7pc, FTSE 250 off 0.5pc
C$ hits 1-week low Published 15 Dec, 2021 06:34am TORONTO: The Canadian dollar weakened against the greenback on Monday as worries about the Omicron coronavirus...