Minister of State for Petroleum Dr Musadik Malik Wednesday warned the elements involved in hoarding petroleum products and creating artificial fuel shortage of ‘dire consequences.’ “Sufficient useable stocks of petroleum products are available in the country to meet needs of petrol [363,085 ...

*KARACHI: Stocks of life-saving and essential drugs have vanished from the medicine markets in the country as the pharmaceutical sector has demanded an increase in the prices following a hike in manufacturing costs owing to an increase in the rate of dollar, fuel prices, and other factors. ...

In the first three months of the current Financial Year 2020-21, it has been revealed that foreign investors have withdrawn a total of more than USD160 million from the stock market and bonds. As per the data released by the State Bank of Pakistan (SBP) during the first three months of the ...

ISLAMABAD-Hong Kong.Asian investors welcomed a forecast-busting US jobs report to send regional equities higher on Friday, though an acceleration in virus infections across the world's top economy tempered big gains. While the US registered more than 50,000 new cases for a second straight day and ...

ISLAMABAD,-Oil and Gas Regulatory Authority (OGRA) on Monday imposed fine amounting to Rs15 million on three more Oil Marketing Companies (OMCs) for not maintaining the required fuel stocks as per terms and conditions of the licences awarded to them.“OGRA imposed penalty of [Rs] five million ...

ISLAMABAD-:Hong Kong stocks closed slightly lower Thursday following a two-day advance, with traders weighing signs of a second wave of virus infections against huge stimulus support. The Hang Seng Index dipped 0.07 percent, or 16.47 points, to 24,464.94. The benchmark Shanghai Composite Index rose ...

ISLAMABAD-Hong Kong:Hong Kong shares tumbled Thursday in line with a global retreat following a recent rally, while investors were also spooked by Federal Reserve warnings over the US recovery and signs of a second wave of infections in parts of the country.  The Hang Seng Index dived 2.27 ...

DUBAI - Saudi Arabia’s currency has been hit with a worst currency crisis over the issue of missing journalist and subsequent American threats. Saudi currency fell to its lowest level in two years. Saudi international bond prices slipped on Monday over fears that foreign investment inflows ...

New York: Wall Street stocks fell early on lingering trade uncertainty at the start of a heavy news week that includes US jobs data. About 30 minutes into trading, the Dow Jones Industrial Average was down 0.4 percent to 25,850.37. The broad-based S&P 500 dropped 0.3 percent to 2,892.67, while ...

LOS ANGELES: Rehanna is so powerful that it can crash snapchats stocks. Snapchat stocks dropped by nearly 5 percent after singer Rihanna called out Snapchat for running an ad that made light of domestic violence by referencing the 2009 incident when the singers then boyfriend Chris Brown ...