Markets

Global markets lose $2.1 trillion in Brexit rout

LONDON: Britain's shock vote to pull out of the European Union wiped $2.1 trillion from… Read More

Oil prices dip as market reacts calmly to Brussels attacks

SINGAPORE: Oil prices eased Wednesday as traders reacted calmly to the Brussels attacks and kept… Read More

Oil bosses upbeat on market rebound

LONDON: Movers and shakers from the oil industry descended on London last week and expressed… Read More

Pakistan can grow with reforms, World Bank President tells IBA students

KARACHI: President of World Bank Group (WBG) Jim Yong Kim concluded a two-day visit to… Read More

Chinese market electrifying for ‘green’ cars

BEIJING: Government subsidies are fuelling a boom in electric vehicles in China, driving hopes for… Read More

Eurozone inflation picks up in January

BRUSSELS: Eurozone inflation accelerated to 0.4 percent in January, from 0.2 percent the month before,… Read More

Slowdown in Chinese growth risks global collateral damage

PARIS, FRANCE: Slowing growth in the Chinese economy carries major risks for emerging markets, and… Read More

IMF cuts world growth forecast, warns of emerging market risks

WASHINGTON: The International Monetary Fund (IMF) warned of substantial risks in the major emerging market… Read More

Oil prices bounce back but gains limited

SINGAPORE: Oil prices rebounded in Asia Monday but stayed below $45 a barrel as gains… Read More

Ample crude supples until mid-2016: IEA chief

SINGAPORE: The head of the International Energy Agency said Monday that ample supplies of oil… Read More

Oil prices fall on slowing global economic growth outlook

SINGAPORE: Oil prices dropped on Monday despite a fall in U.S. drilling activity for the… Read More

Oil prices drift lower

LONDON: Oil edged lower Wednesday in muted deals as dealers digested poor Chinese trade data… Read More

SBP vigilant of foreign exchange market

KARACHI: The State Bank of Pakistan is cognizant of the global developments related to markets… Read More

Eight killed in North Waziristan tribal clash

DATTAKHEL: At least eight people were killed when a clash erupted between two tribal groups… Read More

Police hunt for Mirza, eight accomplices arrested

BADIN: Police have arrested eight accomplices of former home minister Sindh, Zulfikar Mirza for attacking… Read More

China overtakes US as Australia’s largest foreign investor

BEIJING: China has for the first time overtaken the United States as Australia's largest source of… Read More

Apple Watch goes on sale — quietly — in Asia

TOKYO: The Apple Watch debuted in some Asian markets Friday, but with sales limited to… Read More

Dollar firms on lingering hopes for June rate hike

TOKYO: The dollar firmed Thursday after the minutes of the Federal Reserve's last policy meeting… Read More

Asia up after dismal U.S. jobs data, dollar pressured

TOKYO: Asian shares rose and the dollar steadied but remained under pressure on Monday, after… Read More

Qaddafi palaces reduced to garbage dumps, pet markets

TRIPOLI: The sprawling palace compounds from which Libyan leader Moamer Qaddafi ruled for four decades… Read More