Economy

  Oil prices up in Asian trade

SINGAPORE: Oil prices rose in Asia Tuesday against the backdrop of geopolitical tensions fuelled by a warning of tougher sanctions against Russia over the downing of a Malaysian airliner and fierce fighting in Gaza. US benchmark West Texas Intermedia...

  Yen dips as stocks rally and Ukraine tensions ease

TOKYO: The yen eased in Asia Tuesday as news that pro-Russian rebels had handed over the black boxes of Flight MH17 eased concerns about the Ukraine crisis. The losses in the Japanese unit, which is considered a safe bet in times of economic and poli...

  Connate - a native ad tech firm launches services in Pakistan

KARACHI: Connate announces to start its operations in Pakistan. Dubai based Connate is an ad tech firm that focuses on premium content monetization, production and delivery. Native advertising is a non-intrusive and in-content online advertising meth...

  PIA employees hold protest over proposed privatization

KARACHI: Employees of Pakistan International Airlines (PIA) held a protest against the proposed privatization of the national flag carrier. Protesting at PIA headquarters in Karachi employees called on the Supreme Court to take suo moto notice of the...

  Mohsin Aziz’s generosity inspires industrialists to offer free meals to patients

PESHAWAR: Good deeds can certainly serve as an inspiration for many people. On Thursday, there were reports in the media that industrialists from Khyber Pakhtunkhwa were considering to emulate the example of a fellow industrialist to do some charity ...

  Oil prices turn mixed

SINGAPORE: Oil turned mixed in Asian trade Monday, with analysts saying prices are supported by fears about an escalation of the Ukraine crisis after the downing of a Malaysian airliner. Investors were also eyeing developments in the Middle East afte...

  Upbeat KSE further gains 188 points

KARACHI: Stock prices recorded further gains on Monday, as continuing bullish activity at Karachi Stock Exchange (KSE) pushed the benchmark KSE 100-share Index by 188 points to close at 30,413. Investors actively participated in today trading, as the...

  Hong Kong stocks open 0.13 percent higher

HONG KONG: Hong Kong stocks edged up 0.13 percent in the first few minutes of trade Monday following gains on Wall Street, while bargain-hunters moved in after last week´s losses that were fuelled by the crash of MH17 in Ukraine. The benchmark Hang S...

  Oil prices down

SINGAPORE: Oil prices slipped in Asian trade Monday but analysts said they were supported by concerns of an escalation of the Ukraine crisis after the crash last week of a Malaysian airliner. Investors were also keeping an eye on developments in the ...

  SBP to announce monetary policy today

KARACHI: The State Bank of Pakistan (SBP) to announce its first bi-monthly monetary policy of the new fiscal year on Saturday here, media reported. The central bank is expected to keep the current discount rate at 10 percent unchanged, the analysts p...

  SBP leaves policy rate unchanged at 10 pc

Karachi: The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 10 percent. This was announced by the Governor SBP Ashraf Mahmood Wathra while unveiling the Monetary Policy Statement MPS for the next two months at a press c...

  Italian rescuers find 18 bodies on migrant boat: report

ROME: Italian rescuers found 18 bodies on a boat carrying hundreds asylum-seekers on Saturday, and suspect they were killed by fumes from the engine in the hold, the ANSA news agency reported. The boat, with 600 people on board, was intercepted south...

  Dollar stabilizes after Malaysian plane crash jitters

NEW YORK: The dollar stabilized against the euro Thursday, trimming earlier gains spurred by the crash of a Malaysian jetliner in war-torn Ukraine. Malaysia Airlines flight MH17 crashed in pro-Russia rebel-held territory in eastern Ukraine near the R...

  Geopolitical woes send oil prices higher in Asia

SINGAPORE: Oil prices rose in Asia on Friday after a Malaysia Airlines plane came down in war-ravaged Ukraine and Israel launched a ground offensive into Gaza, sparking fears about tensions in the crude-rich Middle East. US benchmark West Texas Inter...

  Tokyo stocks open up 0.28 percent

TOKYO: Tokyo stocks opened 0.28 percent higher on Thursday after the blue-chip Dow index powered to a new record on Wall Street thanks to robust US company earnings. The Nikkei 225 index gained 43.57 points to 15,422.87 at the start. The Dow Jones In...

  Dollar recedes in Asia after recent pick-up

TOKYO: The dollar retreated in Asia Thursday after rallying in the previous session in response to an upbeat US Federal Reserve economic report and better-than-expected Chinese growth figures. In afternoon Tokyo trading, the greenback fetched 101.51 ...

  Moody’s changes outlook to stable for five Pakistani banks

LIMASSOL: Moody's Investors Service has affirmed the B3 long-term local-currency deposit ratings of five Pakistani banks and changed the outlook on these ratings to stable from negative. At the same time, the rating agency has affirmed the banks' Caa...

  Oil prices up on US demand hopes

SINGAPORE: Oil prices extended gains in Asia Thursday after a bullish US stockpiles report raised hopes of resurgent demand in the world´s top crude consumer, analysts said. US benchmark West Texas Intermediate for August delivery rose 24 cents to $1...

  KSE hits new peak at 30,000 points

KARACHI: The prices of equities surged at Karachi Stock Exchange (KSE) as its benchmark KSE 100-share Index shot up beyond the psychological barrier of 30,000 points on Thursday. The KSE 100 Index witnessed a massive gain of 400 points to close at 30...

  PM Nawaz inaugurates two road projects in Chakwal

CHAKWAL: Prime Minister Nawaz Sharif inaugurated two double-way road projects—Mandra-Chakwal and Sohawa-Chakwal during his short visit on Wednesday here. Addressing the inaugural ceremony, the prime minister said that when he came to power, the treas...


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Feature / Analysis

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Opinion

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