Avenfield reference verdict against Nawaz Sharif, family to be announced at 2:30pm

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U.S. oil boom delivers surprise for traders – and it’s costly

LONDON/NEW YORK - The world’s biggest oil traders are counting hefty losses after a surprise doubling in the price discount of U.S. light crude to benchmark Brent WTCLc1-LCOc1 in just a month, as surging U.S production upends the market. Trading... read more

China’s trade surplus with US swells in June

China's surplus with the United States hit a record last month, data showed Friday, adding to brewing tensions between the economic superpowers as they stand on the brink of an all-out trade war that Beijing warned would have a "negative... read more

Trump’s tariff threat causes oil prices to fall

TOKYO: Oil prices fell on Wednesday, with Brent dropping by more than $1 at one point, after US President Donald Trump threatened to levy new trade tariffs on China. The spectre of tariffs on a further $200 billion worth of... read more

Hussain Lawai removed as PSX chairman

KARACHI: The securities and exchange commission of Pakistan (SECP) on Tuesday has removed Pakistan stock exchange chairman Hussain Lawai from post. According to a notification, SECP has directed the Pakistan Stock Exchange to remove Hussain Lawai from the chairmanship of... read more

KSE-100 sheds over 1,000 points to touch lowest level in 2018

KARACHI: The local bourse witnessed its lowest level in the current year after the benchmark KSE-100 index shed 1,010 points to touch 39,256 points. The accountability court's July 6 verdict that sentenced former prime minister Nawaz Sharif to eleven years... read more

Pakistan’s next government to approach IMF bailout amid fears of BoP crisis

ISLAMABAD: Pakistan's next government, to be chosen in a July 25 election, faces growing fears of a balance of payments crisis with speculation it will have to seek its second IMF bailout in five years, analysts say. The central bank... read more

Petrol goes down to Rs95 per litre as govt reduces petroleum prices

ISLAMABAD: Caretaker Federal Minister for Energy Syed Ali Zafar announced to slash prices of petroleum products with effect from Sunday. In a statement released on Saturday, the minister said that the federal government has decided to reduce petroleum prices in... read more

Pre- arranged tariffs raise fears of long US-China trade battle

BEIJING/WASHINGTON: The United States and China exchanged the first salvos in what could become a protracted trade war on Friday, slapping tariffs on $34 billion worth of each others’ goods and giving no sign of willingness to start talks aimed... read more

Avenfield reference verdict against Nawaz Sharif, family to be announced at 2:30pm

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U.S. oil boom delivers surprise for traders – and it’s costly

China’s trade surplus with US swells in June

Trump’s tariff threat causes oil prices to fall

Hussain Lawai removed as PSX chairman

KSE-100 sheds over 1,000 points to touch lowest level in 2018

Pakistan’s next government to approach IMF bailout amid fears of BoP crisis

Petrol goes down to Rs95 per litre as govt reduces petroleum prices

Pre- arranged tariffs raise fears of long US-China trade battle

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U.S. oil boom delivers surprise for traders – and it’s costly

China’s trade surplus with US swells in June

Trump’s tariff threat causes oil prices to fall

Hussain Lawai removed as PSX chairman

KSE-100 sheds over 1,000 points to touch lowest level in 2018

Pakistan’s next government to approach IMF bailout amid fears of BoP crisis

Petrol goes down to Rs95 per litre as govt reduces petroleum prices

Pre- arranged tariffs raise fears of long US-China trade battle