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Economy & Finance – Trade & Investment
Econnomy & Finance – Trade & Investment
OPEC oil output slips before Aramco IPO, policy meeting
LONDON/ NEW YORK/RIYADH
OPEC oil output has fallen in November as Angolan production has slipped due to maintenance and Saudi…
Drugmakers slash prices in China to get on reimbursement list
BEIJING
Drugmakers including Roche (ROG.S) and Novartis’ (NOVN.S) have agreed to cut the prices of some of their newest drugs by…
Stocks stage smart rally, surge to 8-month high
Market watch:
KARACHI
The Pakistan Stock Exchange staged a smart rally on Thursday as investors anticipated an extension in…
Americans pay more than Chinese for additional tariffs
WASHINGTON
Chinese companies have not been lowering prices in order to offset additional US tariffs, and American firms and…
Saudi Aramco IPO portends changes for Gulf oil industry
Dhahran
The Saudi Aramco IPO will soon be completed with the shares sold locally and abroad to be the largest IPO in recent…
China inks deal for $2bn pine nuts from Kabul
KABUL
China has signed an agreement to purchase pine nuts worth $2 billion from Afghanistan, a major business move by Beijing…
Dubai’s top index ticks higher as real estate gains
Dubai
Dubai bourse’s main index gained on Monday, as real estate stocks got a brief relief after earlier declines, while banking…
Bullish sentiment prevails at PSX
KARACHI
Bullish sentiments prevailed at the Pakistan Stock Exchange on Monday as the benchmark index gained amid a surge in…
Asian shares inch up despite US-China trade anxiety
BEIJING/SINGAPORE/TOKYO
Stocks logged modest gains Friday in Asia after a lackluster overnight session on Wall Street ended with…
KSE-100 index gains 824 points
KARACHI
A day after a strong bearish run at the bourse, the KSE-100 index rallied and surged 825 points on Friday as investors…
