LONDON: Gold fell back towards five-year lows on Wednesday as investors continued to pull away from the precious metal, with a slide through key chart levels earlier this week setting prices up for further losses. A looming rise in US … read more
New York: Crude oil prices slipped lower on Monday as a UN Security Council vote highlighted the prospect of Iranian oil returning to the global market. West Texas Intermediate for delivery in August, the US benchmark, fell for the fourth … read more
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has approved Rs2.68 per unit cut in power tariff for consumers of all the power distribution companies except K-Electric. The regulatory body heard the petition, filed by Power Purchasing Agency, over fuel adjustment … read more
KARACHI: The State Bank of Pakistan (SBP) on Thursday stressed upon removing structural rigidities of various economic sectors, especially the export sector, in order to shift reliance from debt inflows for the financing of current account deficit and building up … read more
M. Sameer Nazir KARACHI: The President Lasbela Chamber of Commerce and Industry (LCCI) Yakoob H Karim has warned that too many holidays on Eids and other occasions is having a killing affect on the economy. While criticizing the government’s unwise … read more