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Business

Oil Prices Rise as Iran Sanctions Threat Lifts Supply Concerns

Oil prices rise as crude futures gained on Friday after US President Donald Trump threatened economic sanctions against Iran’s trading…

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Gold Prices Rise as Futures Hit $4,680 on Weak Dollar

Gold prices climbed this week, with US futures settling at $4,680.60 per ounce and spot gold reaching $4,623.94, as a weaker dollar…

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US-Mexico Trade Deal Talks Starting, Trump Says

WASHINGTON: President Donald Trump said the United States was starting work on a new trade deal with Mexico, describing the…

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Pakistan Says IPP Renegotiations Saved Rs4.3 Trillion

The federal government says IPP renegotiations and the suspension of agreements with six independent power producers have generated Rs4.3 trillion…

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Bitcoin Price Rally Lifts Crypto Stocks After Treasury Move

NEW YORK: Bitcoin rose 3.48% to USD 71,505 on Thursday, while crypto-linked shares climbed after the US Treasury doubled buybacks…

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KSE-100 Index Gains 575 Points as Value Buying Lifts PSX

KARACHI: The KSE-100 Index on Friday rose 575 points, or 0.33%, to close at 177,167 on Friday, August 21, as…

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China-Indonesia Talks Deepen Economic, Defence Ties

JAKARTA, Indonesia: Chinese Foreign Minister Wang Yi criticised “unilateralism” on Friday as China and Indonesia opened high-level talks on economic,…

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US National Debt Tops $40tn as Borrowing Costs Climb

WASHINGTON: US national debt has surpassed USD 40 trillion, doubling in roughly a decade as higher interest rates push up…

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China Iran Sanctions Stance Rejects New US Pressure

BEIJING, China: China rejected renewed US sanctions pressure on Iran on Friday, saying unilateral measures without international legal backing or…

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