HONG KONG: Gold ended at 1,211.00-1,212.00 US dollars an ounce in Hong Kong on Friday, down from Thursday’s close of 1,241.00-1,242.00 dollars. It opened at 1,202.50-1,203.50 US dollars. (more…)  Read More →

ISLAMABAD: The World Bank has approved a credit worth US $146 million for the second phase of the Pakistan Barrages Improvement Project to rehabilitate and modernize the Jinnah Barrage, and to improve... (more...)

ISLAMABAD: Australian High Commissioner to Pakistan Timothy George on Wednesday said that his country was keen to further expand business and commercial ties with Pakistan. During his visit to Zarai Taraqiati... (more...)

PARIS, France: French shares showed a fall of 3.15 percent to 3,462.45 points on the CAC 40 index in mid-afternoon trading on Tuesday amid uncertainty about world growth and a sharp fall at the opening... (more...)

LAHORE: The Lahore stock market on Tuesday witnessed bullish trend as the LSE-25 Index gained 15.07 points to close at 3089.12 points as compared to 3074.05 points on Monday. The total turnover however... (more...)

LAHORE: The Lahore stock market on Monday witnessed bearish trend as the LSE-25 Index lost 36.11 points to close at 3074.05 points. In all 113 companies transacted, of which 20 improved their rates, 49... (more...)

TEHRAN: Iran’s oil sales for the 11 months to February 2010 fell by 24.3 percent to 59.55 billion dollars (48 billion euros), the Fars news agency reported on Sunday. In a report it said was exclusive,... (more...)

NEW YORK: Oil prices leaped on Friday  as the market fretted about global supply as rough weather in the Caribbean Sea threatened to develop into a hurricane in the oil-producing Gulf of Mexico.New York’s... (more...)

LONDON: The euro dipped against the dollar on Friday as traders turned cautious ahead of a weekend meeting of Group of 20 leaders, who will discuss reform plans for the financial industry.The European... (more...)

NEW YORK: Oil prices rose slightly  on Thursday amid mounting concern that the US economic recovery is weakening. New York’s main contract, light sweet crude for August delivery edged up 16 cents... (more...)