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European stock markets open lower

London: European stocks fell at the opening bell on Tuesday, mirroring Asian losses as a global sell-off picked up speed. In initial trade, London's benchmark FTSE 100 index was down 0.5 percent at 6,968.79 points. In the eurozone,…

European stock markets extend gains

London: European stock markets rose further at the open on Thursday, building on the previous session's gains thanks to an expected result in US midterm elections. London's benchmark FTSE 100 index climbed 0.3 percent to 7,137.88 points,…

Hong Kong stocks open with strong gains

Hong Kong: Hong Kong stocks rallied at the open on Thursday, tracking a surge on Wall Street as investors bet the result of the US midterms will prevent Donald Trump pushing through fresh inflation-fuelling fiscal measures. The Hang Seng…

LPG price increased by Rs5.50 per kg

LAHORE: Irfan Khokhar, Chairman LPG Distributors Association Pakistan & Founder/Chairman LPG Industries Association of Pakistan (LPG Chamber of Pakistan) has said that without any notification from OGRA, LPG Marketing Companies have…

Saudi oil sought on deferred payment

ISLAMABAD: In a bid to ease the balance of payment pressure in the current fiscal year, Pakistan has formally requested Saudi Arabia for supply of oil on deferred payments. Saudi Arabia has been requested for supply of 100,000 to 200,000…

Weekly inflation goes up by 0.37pc

ISLAMABAD: The weekly inflation for the combined income group witnessed an increase of 0.37 percent as compared to the previous week. The Sensitive Price Indicator (SPI) for the week under review (Sep 27) in the above-mentioned group was…

Spot rates of cotton (Crop 2018-19)

KARACHI, Sep 27: Karachi Cotton Association (KCA) on Thursday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16" Micronaire value between 3.8 and 4.9 NCL. Rate Ex-Gin…

Asian markets fluctuate after Fed hike

Hong Kong, Sept 27: Asian markets swung on Thursday as investors considered the prospect of more US interest rate hikes and Donald Trump's latest broadside in his trade war with China. The US central bank lifted borrowing costs for the…

Brent Hits New 4-Year High

Brent crude rose 1% to hit another four-year high of $81.9 a barrel in early trading on Tuesday amid looming US sanctions on Iran's oil exports and following news that OPEC leaders and Russia decided against an increase in output despite…

Brent Rises Above $81

Brent crude rose nearly 3% to above $81 a barrel on Monday, its highest level since November 2014, ahead of the start of sanctions by the US on Iran and after OPEC leaders decided against an immediate extra increase in output despite…

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