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Oil rises as tight market looks to Russian-Western diplomacy | The Express Tribune
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LONDON: Oil prices rose on Monday as fresh diplomatic efforts to resolve the Ukraine crisis provided some relief from supply concerns that have kept oil prices near $100 a barrel. Brent crude futures were up $0.41, or 0.4%, at $93.95…
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SPI rises 0.22% | The Express Tribune
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The Sensitive Price Indicator (SPI) for the week ended February 17, 2022 registered an increase of 0.22% for the combined income group, going up from 169.23 points during the week ended February 10, 2022 to 169.61 points in the week…
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KSE-100 rises in roller coaster week | The Express Tribune
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KARACHI: The Pakistan Stock Exchange endured a roller coaster ride in the outgoing week and the KSE-100 index remained volatile due to a host of positive and negative newsflows. As a result, the stock market shed 170 points, or 0.37%,…
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Oil rises on falling US stockpiles but Iran talks weigh | The Express Tribune
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LONDON: Oil prices rose on Thursday after rallying on an unexpected drop in US crude inventories in the previous session, as investors awaited the outcome of US-Iran nuclear talks that could add crude supplies quickly to global markets. Brent crude…
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Rupee rises to 2.5-month high | The Express Tribune
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KARACHI: The rupee’s uptrend continued for the sixth successive day on Friday as the currency closed at a two-and-a-half-month high of Rs174.48 against the US dollar in the inter-bank market after exporters began selling the greenback. Exporters returned to selling…
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Per person debt rises nearly 50% | The Express Tribune
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ISLAMABAD: The Ministry of Finance has submitted a self-contradictory fiscal policy statement in the National Assembly that also hid critical information from legislators, undermining the spirit of law that requires objective explanation of fiscal indicators. The Fiscal Policy Statement 2021-22…
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Eurozone inflation rises to new record high
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European Central Bank. — AFP/File BRUSSELS: Inflation in the eurozone soared to a new record high in January, official data showed Wednesday, adding pressure on the European Central Bank (ECB) ahead of a monetary policy meeting this week. The figure hit…
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Oil rises on geopolitical risks, supply shortage | The Express Tribune
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LONDON: Oil rose on Monday as a supply shortage and political tensions in Eastern Europe and the Middle East put prices on track for their biggest monthly gain in almost a year. Brent crude had risen $0.87, or 1%, to…
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Builders seek govt’s support as input cost rises | The Express Tribune
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LAHORE: The construction industry has once again requested the government to provide some relief to the sector from the skyrocketing prices of construction material. Talking to journalists on Wednesday, Constructors Association of Pakistan (CAP) Chairman Kamal Nasir Khan mentioned that…
