International
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Oil edges higher as supply still seen tight after OPEC+ hike
New York June 3 2022: Oil edged higher on Friday, supported by expectations that OPEC's decision to increase production targets...
Abu Dhabi, and Dubai bourses close lower; Borouge surges on debut
Abu Dhabi June 3 2022: Bourses in the United Arab Emirates ended lower on Friday, as oil prices extended losses...
Turkish inflation soars to 73%, the highest since 1998
Istanbul June 3 2022: Turkey's annual inflation rate jumped to a 24-year high of 73.5% in May, fuelled by the...
Oil rises after U.S. crude drawdowns, supply tightness
New York June 2 2022: Oil prices edged higher on Thursday after U.S. crude inventories fell more than expected amid...
Pakistan likely to get wheat from Ukraine as Russia guarantees safe passage
Moscow June 2 2022: Pakistan may get wheat from Ukraine as Russia's defence ministry said on Thursday that vessels carrying...
White House considering oil profits tax to fund consumer rebate, official says
Washington DC June 2 2022: The White House is considering proposals that would tax oil and gas windfall profits in...
Saudi Arabia leads declines among Gulf bourses
Dubai June 2 2022: Saudi Arabia's benchmark index finished 1.3% lower, hurt by a 2.1% fall in oil giant Saudi Aramco and...
Pakistan finalizes terms with China to get loan at a minimal rate: Miftah Ismail
Islamabad June 2 2022: China would issue a new loan, but at reduced interest rates says Pakistan Finance Minister Miftah...
Turkey’s changed its official name to ‘Türkiye’
New York June 2 2022: The United Nations has changed the Republic of Turkey’s country name at the organisation from...
Moody’s changes Pakistan’s outlook to negative from stable; affirms B3 rating
Singapore, June 02, 2022 -- Moody's Investors Service ("Moody's") has today affirmed the Government of Pakistan's B3 local and foreign...
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