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Wednesday, June 19, 2019

Oil, gold open lower despite Syria strikes; Russian retaliation in focus

Oil, gold open lower despite Syria strikes; Russian retaliation in focus By Jan Harvey and Jessica Resnick-Ault LONDON/NEW YORK (Reuters) - Gold and oil traded slightly lower as markets opened for...

Pakistani rupee weakens sharply in likely devaluation by c.bank – traders – Reuters News

Pakistani rupee weakens sharply in likely devaluation by c.bank - traders - Reuters News ISLAMABAD, March 20 (Reuters) - The Pakistani rupee on Tuesday weakened sharply to about 115.5 per...

Oil prices climb ahead of OPEC meeting with U.S. shale firms

Oil prices climb ahead of OPEC meeting with U.S. shale firms SEOUL, March 5 (Reuters) - Oil prices rose early on Monday ahead of a meeting between OPEC and U.S....

China to cut more coal, steel output to defend ‘blue skies’

China to cut more coal, steel output to defend 'blue skies' BEIJING, March 5 (Reuters) - China's state planner pledged on Monday to cut more steel and coal production capacity...

Pakistan loses 50pc market share in Kabul

Pakistan loses 50pc market share in Kabul KARACHI: India has succeeded to penetrate in Kabul slashing the market share of Pakistan by more than 50 per cent in the last...
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Govt. to rescue Pakistan’s MSCI Emerging Market Status

Govt. to rescue Pakistan’s MSCI Emerging Market Status A dedicated fund is under deliberation to support investor confidence MSCI Downgrade will be a dent...

Tracking change in consensus earnings estimate reveals 7% downgrade – Majid Munir

Tracking change in consensus earnings estimate reveals 7% downgrade in FY19 estimates, over the course of the past one year, for 37 of the...

Has the economic slowdown been factored into KSE100 – Majid Munir

The combination of CAD, fiscal deficit, depreciating PKR, rising inflation, and high interest rates will lead to demand contraction, margin compression due to higher...