HONG KONG: Gold opened at 1,200.00-1,201.00 US dollars an ounce on Tuesday, down from Monday’s closing price of 1,209.00-1,210.00 dollars. (more…)  Read More →

LAHORE: The Lahore stock market on Thursday  witnessed bearish trend as the LSE-25 Index lost 8.75 points to close at 3299.91 points as compared to 3308.66 points on Wednesday.  In all 112 companies... (more...)

HONG KONG: Hong Kong stocks ended flat on Thursday as traders took a breather from recent big gains. The benchmark Hang Seng Index edged up 1.84 points to 21,551.2. Turnover was 60.90 billion Hong Kong... (more...)

HONG KONG: Gold closed at 1,196.50-1,197.50 US dollars an ounce in Hong Kong on Thursday, up from Wednesday’s close of 1,193.50-1,194.50 dollars. It opened at 1,195.00-1,196.00. (more…)  Read More →

SINGAPORE: Oil prices headed down in Asian trade Thursday despite a dip in US crude reserves as distillate and gasoline inventories unexpectedly rose, analysts said.  New York’s main contract, light... (more...)

HONG KONG: Hong Kong stocks ended 1.82 percent higher on Monday after China released data showing manufacturing was slowing, stoking expectations Beijing will refrain from launching new tightening measures.... (more...)

TEHRAN: Iran’s main economic partner China has invested around 40 billion dollars in the Islamic republic’s oil and gas sector, a senior Iranian official said on Saturday. Deputy Oil Minister... (more...)

KARACHI: Pakistan’s central bank on Friday announced an unexpected increase in its key policy rate to 13 percent from 12.5 percent, saying it needed to fight inflation and counter a widening fiscal... (more...)

LONDON: European share prices closed closed lower on Friday, with London’s FTSE 100 index of leading shares down 1.05 percent at 5,258.02 points. In Paris, the CAC 40 fell 0.24 percent to 3,643.14... (more...)

HONG KONG: A rare residential site on Hong Kong’s prestigious Victoria Peak fetched 1.33 billion US dollars at auction Wednesday, boosting one of the world’s most dizzying luxury property markets. ... (more...)