CAD to hit $20B mark in FY22
ISLAMABAD: The country's Current Account Deficit is expected to cross $20 billion mark by end of current FY22 as against the claims of only $1 billion made by the PTI…
Eurozone stocks rise
LONDON: Eurozone stock markets rose Thursday while the euro slid as the European Central Bank remained vague about when it will raise interest rates in the face of soaring inflation. Meanwhile…
SBP, banks to observe 6 days working week
ISLAMABAD: As per decision of the Federal Government, the State Bank of Pakistan (SBP) Wednesday decided to observe six days working week with revised working hours. According to a notification…
KCCI Flag hoisting
KCCI congratulates Shehbaz Sharif
KARACHI: The leadership of Businessmen Group in Karachi Chamber of Commerce and Industry, and office bearers, on behalf of the entire business community of the Metropolis, extended heartfelt congratulations to…
Oil market sinks on China demand fears
LONDON: Oil sank Monday on Chinese demand fears, the recent release of strategic reserves, and dimming hope of a European embargo on Russian supplies in the wake of the Ukraine…
Bourse
Asia, Europe Stocks Climb
LONDON: Asian and European equities rallied Friday on clarity over rising US interest rates, while the euro hit a one-month dollar low before France's presidential election. Meanwhile US stocks opened narrowly…
shrimp 621x330
Training Program on Shrimp Farming
MULTAN: A fifteen-day training program to build farmers' capacity on shrimp farming and promote the profitable and delicious seafood across the country concluded here Wednesday. Shrimps cluster development project, a…
Oil prices rebound
LONDON: Global equities sank Wednesday on bets the Federal Reserve will act more aggressively to bring inflation under control, while oil prices rebounded. Asian and European bourses retreated after heavy falls…
Elon Musk
Musk buys large stake in Twitter
NEW YORK: Twitter's shares soared after Tesla CEO Elon Musk disclosed on Monday a large stake in the social media company, which he has criticized for its approach to speech rights.…
Bourse
Stocks edge higher
NEW YORK: Wall Street stocks finished modestly higher Friday as solid US jobs data boosted expectations for more Federal Reserve interest rate hikes, while oil prices retreated after US allies agreed…
Bourse
Stock markets rise, oil steady
LONDON: The world's major stock markets mostly rose and oil prices steadied Friday as investors awaited US jobs data for an update on the world's biggest economy, faced with soaring global…
Ukraine War: US to tap oil reserves
LONDON: Oil prices tumbled Thursday on reports that the United States is considering tapping reserves to combat a supply crisis sparked by the Ukraine war. London's Brent crude and New York's…
Bourse: Eurozone Stocks Slide
LONDON: Eurozone stock markets slid Wednesday after strong gains the previous session, as Russia downplayed hopes of a breakthrough in peace talks with Ukraine and Germany's growth outlook darkened. Outside the…
Markets and Ukraine Ceasefire Talks
HONG KONG: Markets mostly rose Tuesday in Asia and Europe on optimism over talks between Ukraine and Russia aimed at ending their month-long war, while there was further support from…
Railways transport 25K tons/d
KARACHI: The freight sector has shown considerable improvement through transporting 25,054 tons per day from here during the year 2020-21 as compared to the 23,051 tons per day during 2019-20…
Stocks
Bourse: Traders assess Ukraine War
HONG KONG: Markets fluctuated in Asia on Friday as traders struggled to build on a rally in New York, with focus on the impact of the Ukraine war, surging inflation…
Bourse: Oil Prices Dip
LONDON: Stock markets diverged while oil prices dipped on Thursday as investors weighed fresh Western pressure on Russia and the prospect of sharper US interest rate hikes. NATO, G7 and European…
PIA
PIA : Direct flights to Australia
KARACHI: PIA to operate direct non-stop flights to Sydney, Australia from Friday 22 April. The flights will initially be operated from Lahore to Sydney on Fridays and Sidney to Lahore…
Oil prices jump, stocks mixed
LONDON: Oil prices rallied Wednesday, adding to soaring inflation concerns, while stock markets diverged. Crude futures jumped 2.5 percent with Brent North Sea headed towards $120 per barrel. Russian Deputy…
Bourse
World Stock Markets Rise
LONDON: Stock markets rose while oil prices steadied Tuesday as investors tracked developments in the war in Ukraine and digested the US Federal Reserve chief's warning of a possible sharp…
Oil prices soar on supply fears
LONDON: Oil prices soared Monday as a weekend attack on Saudi facilities and EU discussions on banning Russian crude raised concerns over global supplies. Top producer Saudi Arabia warned that Yemeni…
Endangered Asian Leopards
ISLAMABAD: Making the foothill of the Himalayan and sprawling over 17,000 hectare land, the biodiversity rich Margalla Hills National Park has become a thriving habitat for the diminishing Common Asian…
Ukraine War: Stocks slide, oil climbs
LONDON: Oil prices rose while stock markets declined on Friday (18th of March, 2022), as the volatility sparked by the war in Ukraine continued ahead of the weekend. Investors continued…
Rs30B subsidy on POL products
ISLAMABAD: The Senate's Standing Committee on Petroleum was informed on Thursday that the government would give around Rs.30 billion subsidies on POL products in the coming fortnights to protect the…