Economy

  OGRA recommends increase in POL prices

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has recommended an increase in the price of petroleum products. The recommendation calls for a Rs1.34 increase in the per litre price of petrol and Rs0.34 in the price of diesel. The recommendati...

  Sindh power outages mar pleasant weather after rain

KARACHI: Most parts of the city after light rain went out of power and water supply, as high tension line reportedly tripped Friday early morning, media reported.Areas affected by power outages include Defence, North Karachi, Gulshan-e-Iqbal, Gulista...

  Fire breaks out at national grid station, power supply suspended

JAMSHORO: Power supply to Hyderabad, Mirpurkhas, Jamshoro and other areas was suspended after fire erupted in national grid station, Jamshoro, media reported. WAPDA sources said the fire broke out in the grid station due to short circuit. As a result...

  Asian stocks mixed while euro recovers

HONG KONG: Asian markets were mixed Friday following another record on Wall Street, while the euro dug in against the dollar and yen after rebounding from multi-month lows. Investors were still upbeat after Thursday´s strong manufacturing data from C...

  Oil prices mixed in Asian trade

SINGAPORE: Oil prices were mixed in Asia Friday as soft gasoline demand in the United States offset upbeat manufacturing data from China, analysts said. US benchmark West Texas Intermediate (WTI) for September delivery dipped 11 cents to $101.96 a ba...

  Dollar steady in Asian trade

TOKYO: The dollar held steady in Asia Thursday with currency markets little moved by weak Japanese trade data and upbeat manufacturing figures out of China. In afternoon Tokyo trade, the dollar fetched 101.45 yen, against 101.48 yen in New York late ...

  Asian shares extend gains on Wall St rally, euro sinks

HONG KONG: Asian markets rose Wednesday, adding to the previous day´s rally, following a positive lead from Wall Street while concerns over the Ukraine air crash crisis ease. The euro was wallowing at multi-month lows against the dollar and yen as th...

  Euro at multi-year lows against dollar, yen

TOKYO: The euro touched multi-month lows against the dollar and yen on Wednesday as investors fret about the impact on the eurozone economy of possible fresh sanctions against Russia following the downing of Flight MH17.In late afternoon Tokyo trade,...

  Asian shares boosted by China manufacturing data

HONG KONG: Asian markets rose Thursday as an index of Chinese manufacturing activity hit an 18-month high in July, boosting hopes for the world´s number two economy, as concerns over the Ukraine crisis eased. The euro avoided any further losses after...

  Oil prices up in Asian trade

SINGAPORE: Oil prices rose in Asia Thursday after the United States reported a large decline in its crude inventories, indicating strong demand in the world´s biggest economy. US benchmark West Texas Intermediate for delivery in September was up two ...

  CM Punjab takes notice of protest over loadshedding

LAHORE: Taking notice of people’s protest against loadshedding, Chief Minister Punjab, Shahbaz Sharif Wednesday telephoned Federal Secretary Water and Power and asked him to take necessary steps for putting an end to unscheduled outages. Shahbaz Shar...

  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 ...


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Feature / Analysis

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