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Market is decisive factor in possible cut extension: Iraqi oil minister

Iraqi Oil Minister Jabar Ali al-Luaibi said on Saturday the market is a decisive factor in deciding whether to extend into the second half of this year a global agreement…

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CPEC power plant highlights China’s green development goals

BEIJING: Pakistan’s power woes are set to be considerably eased, thanks to China’s efforts in building a large coal-fired plant in the country that is stricken with chronic power shortfalls….

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Eurozone growth ‘rushes’ to six-year high: Survey

The eurozone economy grew at its fastest pace in six years in March, as all signs pointed to a recovery “surging higher” led by France and Germany, a closely watched…

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Oil edges up, as Saudis cut grants to U.S, markets remain same

SINGAPORE: Oil prices edged up on Friday, supported by a fall in Saudi exports to the United States, but overall markets remained under pressure on the back of a world…

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Oil prices climb on talk of extension to OPEC cuts

Oil prices edged higher on Tuesday helped by expectations that OPEC-led output cuts would be extended beyond June though gains were capped by persistently high crude inventories. The Organization of…

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IMF delays Ukraine loan in response to trade blockade

WASHINGTON: The International Monetary Fund will not approve a new $1 billion loan payment for Ukraine on Monday as scheduled, due to “recent developments” in the country, the IMF confirmed….

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Pakistan's export to Central Asian countries increased: Minister for Commerce
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Pakistan’s export to Central Asian countries increased: Minister for Commerce

ISLAMABAD: Minister for Commerce Engr. Khurram Dastgir Khan on Friday said that Pakistan’s export to Central Asian Countries has been increased during last three years from US $ 19.546 to…

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Committed to oil market stability, says Saudi Arabia
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Committed to oil market stability, says Saudi Arabia

RIYADH: Saudi Arabia is committed to stabilising the global oil market, the energy ministry of the world´s biggest oil exporter said on Tuesday, as prices fell below $48 a barrel….

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EDMONTON, ALBERTA. FEBRUARY 20, 2009. A follow up to the headline that Alberta will lose 15,000 jobs this year. The Service Canada office in Edmonton, Alberta was busy with job seekers this Friday afternoon. Mark Densmore, a pipeline construction worker, has been at this office everyday since he was laid off in December applying for positions that he feels qualified for but he hasn't heard back from any of the companies. (Candace Elliott/Edmonton Journal) ADD: unemployment unemployed /pws ORG XMIT: POS2013040716245630
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UK jobless rate hits lowest since 2005 but wage growth weakens

Britain’s unemployment rate fell unexpectedly to its lowest in more than a decade in the three months to January, but pay growth worsened in an unpromising sign for the economy…

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China says Taiwan tensions affecting some imports

Political tension between China and Taiwan has affected cooperation on safety standards leading to a large number of cosmetic and food imports being stopped from entering China, the head of…

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PSX Market Update

KARACHI: On Monday, until mid day, KSE-100 Index was at 48834.68  with a negative change of 357.07 and volume of 33,763,460  shares. High and Low were 49254.77 and 48815.09 respectively….

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Oil dropped to three months lowest despite OPEC efforts

SEOUL: Oil prices dropped to their lowest in three months on Monday despite OPEC efforts to curb crude output, dragged down as U.S. drillers kept adding rigs. Brent crude LCOc1…

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