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Asia shares slip as weak earnings hit Wall St

Asia shares slip as weak earnings hit Wall St

TOKYO: Asian shares dipped on Friday after weak corporate earnings dented Wall Street, while the dollar nursed its losses after marking its worst monthly performance in four years against a basket of six major currencies. The dollar index stood at ...

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Dar says no change in petroleum prices

Dar says no change in petroleum prices

ISLAMABAD: Finance Minister Ishaq Dar said on Thursday that the federal government has decided not to revise existing prices of various petroleum products. Talking to media before a meeting of Economic Coordination Committee (ECC) of the Cabinet, Dar said that ...

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Dollar slides to 8-week low on U.S. data; traders eye Fed

Dollar slides to 8-week low on U.S. data; traders eye Fed

NEW YORK: The dollar dropped to an eight-week low on Tuesday after a weak U.S. consumer confidence report, with investors cautious about a Federal Reserve meeting that could reinforce the view that interest rates in the world’s largest economy might ...

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Oil prices slip in Asian trade

Oil prices slip in Asian trade

SINGAPORE: Oil prices slipped on profit-taking in Asia Friday following sharp gains in the previous session as ongoing unrest in the Middle East fuels worries about supplies from the crude-rich region, analysts said. US benchmark West Texas Intermediate (WTI) fell ...

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Remittances rise 15% to $13.3 bln in nine months

Remittances rise 15% to $13.3 bln in nine months

KARACHI: Overseas Pakistani workers remitted $13,327.47 million in the first nine months (July to March) of current 2014-15 fiscal year, showing a significant growth of 15 percent, the State Bank of Pakistan said Friday. It said during the same period ...

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