EconomyWorld
Oil dips away from 2015 highs as rising us output weighs on outlook
SINGAPORE: Oil prices on Friday dipped away from 2015 highs reached the previous session, weighed down by rising US output...
EconomyPakistan
Pakistan foreign reserves decrease due external debt payment
ISLAMABAD: The country’s total liquid foreign reserves held by the country stood at US$20.383 billion on December 15, as compared...
EconomyPakistan
CPEC machinary import by NHA exempted from tax: ECC
ISLAMABAD – The ECC approved a proposal for grant of exemption from tax-duties for import of construction material for infrastructure...
EconomyPakistan
Bullish trend witnessed at PSX
The Pakistan Stock Exchange was bullish on Thursday. The KSE-100 Index closed on Thursday at 38715.77 points as compared to...
EconomyPakistan
Textile exports increase by 7.66pc
The textile exports from the country increased by 7.66 percent during the first five months of current fiscal year as...
EconomyWorld
Nike’s North America weakness to weigh on current-quarter revenue
NEW YORK: Nike Inc forecast on Thursday muted current-quarter revenue growth, highlighting the world’s largest footmaker’s struggles to regain market...
EconomyWorld
Bitcoin extends losses, slips below 14,000 on bitstamp exchange
TOKYO: Bitcoin fell more than 10 percent to below $14,000 on the Bitstamp exchange on Friday, extending overnight losses. It...
EconomyPakistan
Karachi – Beijing to create bilateral currency swap and settlement system
ISLAMABAD – The government of Pakistan is considering a proposal to start using the Chinese yuan in trade with China,...
EconomyWorld
UK car output falls in November as domestic demand slumps
LONDON: British car production fell 4.6 percent in November due to a nearly 30 percent drop in year-on-year domestic demand,...
EconomyWorld
Oil prices stable on lower US crude stocks, but rising output weighs
SINGAPORE: Oil prices were stable on Thursday after posting strong gains late in the previous session on the back of...