SINGAPORE, August 16(ABC): Asian markets struggled for direction on Tuesday, weighed by worries over global growth following weak China data that knocked oil prices and commodity-linked currencies. The dollar held near a one-week high as investors piled back into the safe-haven currency, while the Aussie, euro and Chinese yuan buckled. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) ticked …

ISLAMABAD, August 15(ABC): The Oil and Gas Regulatory Authority (OGRA) on Monday issued a notification to slash the prices of imported liquefied natural (LNG) for the month of August. The price per unit of LNG for the Sui Northern system has been reduced by $0.5107. The price of LNG on the Sui Southern system has been reduced by $0.4792 per …

ISLAMABAD, Aug 15 (APP):The 5th edition of “Leaders in Islamabad Business Summit (LIIBS)” will begin on August 17 at Serena Hotel, Islamabad. This year’s theme is “Imagineering the Future.” According to the details, 20 plus global speakers from various industries and different parts of the world will be attending the two-day summit in-person. Both days of the summit will be …

KARACHI, August 15(ABC): Stocks rallied Monday following news of Saudi Arabia’s plans to renew the $3 billion deposit with Pakistan and the hopes of the International Monetary Fund programme’s (IMF) revival. Pakistan Stock Exchange’s (PSX) benchmark index KSE-100 opened today’s trade at 42,857.57 points, however, later it went up by 764.25 points or 1.78% and closed at 43,621.82 points. Capital …

ISLAMABAD, August 15(ABC): The Central Directorate of National Savings (CDNS) on Monday achieved the target of issuing Rs. 100 billion fresh bonds in the first months of current fiscal year 2022-23 from July 1st to July 31th, 2022. The Central Directorate of National Savings (CDNS) has set a saving target of Rs. 1.5 trillion for the current Financial Year (2022-23) …

ISLAMABAD, August 15(ABC): Speakers at an international symposium on “Climate Smart Sustainable Rice and Wheat Production System” held on Monday stressed the need to have a systematic approach to address food security challenge in the country. The symposium was held at the Faculty of Agriculture, University of the Punjab in cooperation with COMSTECH, UPSIGN, SAWIE, SACAN and Dawood Agro. The …

KARACHI, August 15(ABC): Pakistan and China have agreed to enhance the business and economic relations and industrial cooperation for joint ventures. The consensus was reached at a meeting between the Board of Investment delegation led by Additional Secretary and the Chinese Consul General, Li Bijian in Karachi. The Consul General, Li Bijian appreciated BOI for meeting the Chinese and Pakistani …

KARACHI, August 15(ABC): The domestic gold prices on Saturday continued to fall as the rupee keeps on showing recovery against the greenback. The price of gold per tola of 24-karat decreased by Rs500. With this decline, the price of gold per tola of 24-karat reached Rs138,500. The price of 10-gram of glittery metal also dropped by Rs429 to reach Rs118,741. …

SYDNEY, August 15(ABC): Asian shares turned mixed on Monday after China’s central bank trimmed key lending rates as a raft of economic data missed forecasts, underlining the need for more stimulus to support the world’s second largest economy. Retail sales and industrial output both rose by less than expected in July, adding to a disappointing reading on new bank lending. …

SINGAPORE, August 15(ABC): Oil prices dropped for a second session on Monday after the head of the world’s top exporter, Saudi Aramco, said it is ready to ramp up output while production at several offshore U.S. Gulf of Mexico platforms is resuming after a brief outage last week. Brent crude futures fell 27 cents, or 0.3%, to $97.88 a barrel …