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Price of petrol likely to drop by Rs9 | The Express Tribune
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[ad_1] ISLAMABAD: The prices of petroleum products are likely to come down up to Rs15 from October 1 due to a sharp decline in rates of POL in international markets, sources said on Tuesday. Industry sources said the Oil and…
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Asian markets drop on recession fears, output report drags oil down
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[ad_1] Photo: AFP/file HONG KONG: Equities fell in Asia on Thursday as traders grow increasingly worried that central bank moves to rein in inflation could tip economies into recession. However, price pressures were eased by a drop in crude…
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Asian markets mixed on inflation worry, oil bounces after drop
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[ad_1] Photo: AFP/file HONG KONG: Asian markets fluctuated Wednesday following losses on Wall Street and data reminding traders that inflation shows no sign of easing. Oil rallied after seeing a sharp drop earlier on reports that OPEC was considering…
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US deficit to drop to $1 trillion in 2022: budget office
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[ad_1] The US.Treasury building in Washington, D.C. Photo: Bloomberg WASHINGTON: The US government deficit will fall dramatically this year to $1 trillion, down from levels not seen since World War II hit during the pandemic, the Congressional Budget Office said…
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Car sales drop 18% in April | The Express Tribune
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[ad_1] KARACHI: Pakistan has witnessed a second major drop of 18% in car sales to 22,370 units in April 2022, as the much awaited impact of restrictions imposed on car financing in September and increase in rate of taxes on…
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Cement sales drop 29% in April | The Express Tribune
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[ad_1] LAHORE: Total cement dispatches declined by 28.7% to 3.52 million tons in April 2022 as compared to 4.94 million tons dispatched during the same month of previous fiscal year. According to data released by the All Pakistan Cement Manufacturers…
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Oil rebounds from drop on China demand concerns | The Express Tribune
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[ad_1] LONDON: Oil prices rebounded in volatile trading on Tuesday as the market weighed concerns over Russian supply and Chinese demand. Brent crude futures were up $1.26, or 1.2%, at $103.58 a barrel by 1355 GMT while US West Texas…
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Market watch: Stocks drop again in absence of positivity | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange witnessed another dull trading session on Friday, as the benchmark KSE-100 index declined by around 100 points to close the fifth consecutive session in the red. Bears took complete control over the bourse throughout…
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Asian markets drop after Wall Street retreat | The Express Tribune
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[ad_1] SEOUL: Asian markets dipped Friday after a negative lead from Wall Street, with investors around the world worried about surging inflation. Central banks in several major economies including the United States, Canada and Britain have already started raising interest…
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SBP reserves drop $728m to $11.32 billion | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank decreased 6.04% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On April 1, the foreign currency reserves held by the…
