NEW YORK: The rout in emerging-nation assets spread to developed markets, as stocks tumbled around the world and demand for havens spiked on intensifying concern that global growth is slowing.
Kazakhstan became the latest country to stop defending its currency, as developing nations struggle to overcome plunging prices for commodity exports. The selloff spread to U.S. equities, wiping out the Standard & Poor’s 500 Index’s gain for 2015 as investors sought the safety of gold and Treasuries.
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has issued its decision to introduce uniform grid charges for open access...
SINGAPORE: The Al Marrouna LNG tanker has crossed the Strait of Hormuz and is heading towards Pakistan’s Port Qasim, marking...
KARACHI: Pakistan and Oman are working towards establishing Gwadar Port and Oman’s Sohar Port as sister ports to strengthen maritime...
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Sardar Tahir Mehmood has called upon the business community, philanthropists and...
