SINGAPORE (Reuters) - Oil prices edged higher on Thursday after dipping in early Asian trade, as concerns about global supply tightness outweighed a build in US gasoline and distillate inventories....
BEIJING (AFP) - China’s factory and services activity picked up in June, official data showed Thursday, fuelled by the easing of Covid-19 restrictions in major cities such as Shanghai and...
The government of Pakistan is gearing up to increase the base tariff of electricity by nearly Rs8 per unit in phases between July and September, reported on Thursday. Earlier, the...
COLOMBO: The International Monetary Fund had constructive and productive discussions with the Sri Lankan authorities on economic policies and reforms to be supported by an IMF extended fund facility arrangement,...
SEOUL: Samsung Electronics became the first chipmaker in the world to mass produce advanced 3-nanometre microchips, the company said Thursday, as it seeks to catch up with Taiwan’s TSMC. The...
TOKYO: Japan’s factory output posted the biggest monthly drop in two years in May as China’s COVID-19 lockdowns and semiconductor and other parts shortages hit manufacturers, adding more pressure on...
KARACHI: The Pakistani rupee staged a handsome recovery against the US dollar during intraday trade after Pakistan received the Memorandum of Economic and Fiscal Policies (MEFP) from the International Monetary...
The Ministry of Energy (Petroleum Division) has directed the country's top refineries to furnish a detailed analysis with regard to import of crude oil from Russia, as Islamabad looks towards...
COLOMBO: Sri Lanka's economy shrank 1.6 percent in the first quarter of this year as an unprecedented financial crisis began to impact commercial activity, according to official data. The island...
ISLAMABAD - Federal Minister for Finance Miftah Ismail Tuesday said that Pakistan has received the draft Memorandum of Economic and Financial Policies (MEFP) from the International Monetary Fund for the...