Oil resumes slide on demand worries after latest rate hikes LONDON: Oil dropped over 2% on Friday and was heading for a weekly decline, as a UK interest rate hike added to... Updated 23 Jun, 2023 07:23pm
Markets 3rd straight gain: rupee settles at 286.73 against US dollar Currency appreciates 0.09% in inter-bank market Updated 22 Jun, 2023 08:02pm
Markets Oil slumps with interest rate hikes and inventories in focus LONDON: Oil futures fell on Thursday, with trader concern over the impact of a bigger-than-expected Bank of England... Updated 22 Jun, 2023 06:51pm
Markets Rupee improves, settles at 286.98 against US dollar Currency appreciates 0.08% in inter-bank market Updated 21 Jun, 2023 07:07pm
Markets FPCCI chief praises PM for green-lighting 13 new RE projects KARACHI: Irfan Iqbal Sheikh, President FPCCI, has applauded the Prime Minister Shehbaz Sharif for his decisive push... Published 21 Jun, 2023 05:21am
Markets Rupee remains largely stable, settles at 287.26 against US dollar Currency depreciates 0.02% in inter-bank market Updated 19 Jun, 2023 08:11pm
Pakistan ‘Same discount as for others’: Russian minister says Pakistan not receiving ‘special’ rate Energy minister Nikolai Shulginov also says Russia agreed payment would be made in currencies of friendly countries Updated 17 Jun, 2023 10:07pm
Business & Finance OPEC+ oil output cuts are non-political: Putin MOSCOW: Russian President Vladimir Putin said on Friday that decisions made by the OPEC+ group to cut oil production... Updated 17 Jun, 2023 06:58am
Markets Rupee improves, settles at 287.19 against US dollar Appreciates 0.06% in inter-bank Updated 16 Jun, 2023 07:11pm
Markets Oil futures up 3pc on strong China refinery data HOUSTON: Oil prices gained about 3 % to a one-week high on Thursday as the US dollar weakened and data showed a jump... Published 16 Jun, 2023 06:27am
Markets Inter-bank: rupee records marginal decline against US dollar Currency depreciates 0.07% in inter-bank Updated 15 Jun, 2023 10:21pm
Pakistan Paying for Russian oil in Chinese Yuan Pakistan’s own choice: US US State Department spokesperson Matthew Miller says price cap imposed on Russian oil by Washington and allies has driven down price Updated 14 Jun, 2023 12:26pm
Markets Rupee claws back some ground, settles at 287.18 against US dollar Currency appreciates 0.28% in inter-bank market Updated 14 Jun, 2023 10:08pm
Markets Oil prices rise 3pc after China rate cut NEW YORK: Oil prices climbed 3 percent on Tuesday, recovering from steep losses the previous session, after ... Published 14 Jun, 2023 06:21am
Markets Oil prices fall as investors await Fed rate decision BENGALURU: Oil prices fell to multi-week lows on Monday as analysts highlighted rising global supplies and concerns... Published 13 Jun, 2023 06:00am
Markets Oil posts second weekly decline as demand concerns overshadow Saudi cut BENGALURU: Oil prices fell more than a dollar a barrel on Friday to record a second straight weekly decline, as... Published 12 Jun, 2023 06:26am
Markets Asia’s naphtha margin turns negative NEW DELHI: Asia’s naphtha refining profit margin fell into discounts and market structure flipped to backwardation... Published 08 Jun, 2023 06:30am
Markets Oil prices higher as Saudi output cuts overshadow weak signals HOUSTON: Oil prices climbed over 1% on Wednesday as Saudi Arabia’s surprise weekend pledge to deepen output cuts... Published 08 Jun, 2023 06:30am
Markets Inter-bank: rupee weakens further, settles at 286.88 against US dollar Currency depreciates 0.11% in inter-bank market Updated 07 Jun, 2023 08:53pm
Markets Oil prices steady as economic fears offset Saudi output cut NEW YORK: Oil prices were little changed on Tuesday after erasing earlier losses as worries over sluggish global... Published 07 Jun, 2023 06:05am
Markets Saudi output cut unlikely to lift oil prices to high $80s-low $90s, Citi says Top crude exporter Saudi Arabia’s one million barrel per day (bpd) oil output cut is unlikely to underpin a... Published 06 Jun, 2023 01:41pm
Markets US oil may test support $71.05 SINGAPORE: US oil may test a support of $71.05 per barrel, a break below which could open the way towards... Published 06 Jun, 2023 09:44am
Markets Oil falls as economic fears overshadow Saudi output cut LONDON: Oil prices tumbled by more than $1 a barrel on Tuesday, retreating from a strong rally in the previous... Updated 06 Jun, 2023 07:06pm
Business & Finance Investors ignore OPEC+ to focus on consumption outlook: Kemp LONDON: Portfolio investors had become increasingly bearish about the outlook for oil prices in the run up to the... Published 06 Jun, 2023 05:33am
Markets Inter-bank market: rupee falls, settles at 286.19 against US dollar Currency depreciates 0.18% on Monday Updated 05 Jun, 2023 07:37pm
Markets Oil gains 2pc after US debt deal and jobs data NEW YORK: Oil prices rose about 2% on Friday after the US Congress passed a debt ceiling deal that averted a... Published 05 Jun, 2023 03:27am
Print Saudi pledges big oil cuts in July as OPEC+ extends deal into 2024 VIENNA: Saudi Arabia will make a deep cut to its output in July on top of a broader OPEC+ deal to limit supply into... Updated 05 Jun, 2023 08:44am
Markets Oil jumps 3pc on US debt ceiling progress BENGALURU: Oil prices rose more than $2 a barrel on Thursday on hopes for a pause in US interest rate hikes and... Published 02 Jun, 2023 03:56am
Markets Japanese rubber futures end steady SINGAPORE: Japanese rubber futures opened flat on Thursday amid mixed signals from Asian factory activity data this... Published 02 Jun, 2023 03:56am
Markets Oil jumps 3% on US debt ceiling progress, OPEC+ in focus BENGALURU: Oil prices rose more than $2 a barrel on Thursday on hopes for a pause in U.S. interest rate hikes and... Published 01 Jun, 2023 11:26pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?