News Central - (Source: Google):

BANGKOK (AP) — The price of oil fell below $94 per barrel Thursday after a private survey showed manufacturing activity in China falling to its lowest level in seven months, a sign that the recovery in the world's No. 2 economy is fading. Benchmark oil for July ...

The Australian dollar has fallen to its lowest level in 18 months following further gains in its US counterpart and disappointing Chinese manufacturing figures. The currency slid to 95.93 US cents in late trade on Thursday, a level not seen since October 2011.

The CSI300 of the leading Shanghai and Shenzhen A-share listings closed down 1.3 percent at 2,582.9 points in its worst day since May 14. HONG KONG: Shanghai shares posted their worst loss in a month on Thursday, falling along with other Asian stock ...

The Karachi Cotton Exchange (KCE) increased its cotton spot (average) rate by Rs100 per maund (37.324 kilograms) to Rs6,400 per maund after local markets witnessed revival in the commodity trading during the last two days, a broker said on Wednesday.

LAHORE: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chairman Sajid Salim Minhas has urged the PML-N-led government to prioritise Pakistan's qualification for the duty-free exports status to the 27-member ...

KARACHI: The State Bank of Pakistan (SBP) announced on Wednesday that the un-encumbered government of Pakistan Ijara Sukuk (Islamic bonds) created under Islamic export refinance scheme (IERS) may be included in the Musharaka Pool from now ...

ISLAMABAD: The government is mulling promulgation of draft Tax Laws (Amendment) Ordinance, 2013, through which the rate of GST has been proposed to be increased from 16 to 17 percent. This proposed ordinance had not yet been signed by the ...

LAHORE - The SNGPL based fertilizer plants would invest $100 million for long term development of dedicated lower BTU gas fields that would ensure better gas supply to fertilizer plants to get better production from local plants instead of depending on costly ...

KARACHI: Sui Southern Gas Company (SSGC) management has rescheduled CNG closure program for current week and decided to suspend gas supply to all CNG stations in Sindh region from Thursday, May 23 for 48 hours. According to SSGC, the step ...

The Karachi Cotton Association strongly opposed the introduction of International Cotton (Icotton) Futures Contract at Pakistan Mercantile Exchange Limited (PMEX) as the same decision has been taken by the government without adequate consultation with ...