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Asian stocks rise as US inflation cools

HONG KONG: Asian shares rose on Thursday as investors cheered signs of easing inflationary pressure in the US after data showed consumer prices in...

Oil prices rise on demand optimism after US crude stocks drawdown

Oil prices rose more than 1% on Wednesday after industry data showed a surprise drop in U.S. crude inventories, suggesting demand is holding up...

Asian shares rise on hopes of rate hike slowdown

SINGAPORE: Asian shares edged higher on Wednesday as investors clung to hopes that the pace of US and global rate hikes will start to...

SBP’s forex reserves jump to $8.8bn after IMF tranche

Foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $1.1 billion following the loan tranche from the International Monetary Fund...

Oil prices rise on potential OPEC+ supply cuts; BP shuts US refinery units

SINGAPORE: Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major producers to cut output,...

Bitcoin rises 6.9% to $22,717

Bitcoin rose 6.85% to $22,717.05 at 22:05 GMT on Wednesday, adding $1,457.27 to its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is up...

Covid-19 cases continue to rise in Pakistan

ISLAMABAD: As many as 303 new coronavirus cases were reported in country over the last 24 hours, according to the daily update of the...

Monkeypox case count rises to more than 3,200 globally: WHO

More than 3,200 confirmed monkeypox cases and one death were reported to the World Health Organization as part of the current outbreak. There is need...

Oil prices advance on low oil inventories expectation

Oil prices drifted higher on Wednesday, anticipating a report of low U.S. oil stocks, while expectations of solid demand in the upcoming driving season...

Street crimes register alarming rise in Karachi

KARACHI: Karachi is facing an alarming increase in the menace of street crime as almost 235 incidents have been reported daily in the city,...

SBP reserves rise $126mn to $17.33bn

KARACHI: The foreign exchange reserves held by the central bank rose 0.74% on a weekly basis, according to the data released by the State...

Gold prices see big rise in domestic market

KARACHI: The per tola gold price on Thursday registered a massive increase of Rs2300 to Rs 119,000 in the domestic market, ARY News reported. Sharing...

Gold prices see big rise in local market

The per tola gold price on Wednesday registered a massive increase of Rs950 to Rs 113,650 in the domestic market, ARY News reported. Sharing the...

SBP foreign reserves rise $2mn to $16.42bn

The State Bank of Pakistan’s (SBP) foreign exchange reserves were recorded at 16,417.3 million during the week ending on June 11

SBP foreign reserves rise $2.6bn to $16.1bn

According to the data released by the central bank, net reserves held by the SBP stood at $16,106.4 million.

Japan wholesale prices rise for first time in 13 months as global recovery boosts commodity costs

The jump, which was at the fastest pace since January 2020, exceeded a median market forecast for a 0.5% increase and followed a 0.6% fall in February.

SBP foreign reserves rise $378mn to $13.67bn

The State Bank of Pakistan’s (SBP) foreign exchange reserves were recorded at $13,673 million during the week ending on March 26

Prices of numerous daily use products increase in utlity stores

The new list marks Rs22- to 25 jump in cooking oil price while 1.4-kilogram tea whitener packet has been made Rs97 costlier.

Culled minks rise from mass grave

A rushed cull of Denmark's minks over concerns about a coronavirus mutation has left the country facing a new horror, as cadavers of the animals re-emerge from the earth.

Oil rises after Russia supports possible supply cuts as coronavirus spreads

Brent crude LCOc1 futures rose 34 cents, or 0.6%, to $55.27 a barrel by 0250, but were heading for a fifth weekly loss amid lingering fears over the impact of the virus.
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