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ReutersThe Express Tribune |
US president will now visit Beijing on May 14 and 15; says that he will host Xi for a reciprocal visit in Washington later this year.
Inflation is broadly expected to pick up as the war in the Middle East pushes up prices.
Despite market turmoil, Washington holds off tapping strategic oil reserves.
Oceantic Network criticises administration for using taxpayer funds to block projects.
Analysts estimate loss of 7m to 10m barrels per day of Middle East oil production.
International gold prices dive to 4-month low as inflation pressures lift rate hike bets.
INR among currencies most exposed to oil price fluctuations; weakens about 3pc since start of war.
Gold's high liquidity hurts during risk-off period as portions closed to cover margin calls on other assets: analyst.
INR among currencies most exposed to oil price fluctuations; weakens about 3pc since start of war.
Premier Li Qiang says China will import more high-quality foreign goods and work with all parties to promote optimised and balanced trade development...
X boss accused of falsely claiming that Twitter underreported how many fake and bots were on its platform.
Shares in property developers have fallen, with Emaar Properties down more than 26pc on the Dubai bourse since the war began.
The coin would depict a stern-looking Trump leaning over a desk and staring forward.
Initial delays to the plan came from bureaucratic red tape and political pushback after Modi failed to secure a full majority in 2024 elections.
US crude rises 2.28pc to $95.63 a barrel; Brent climbs 2.59pc to $102.81 per barrel.
The surge in the benchmarks is pushing up costs for Asian refiners, forcing them to seek alternatives or reduce output further in coming months.
Sources say no date set for the cuts and magnitude not finalised; Meta official terms it "speculative reporting"; plan comes amid focus on generative...
Sources say no date set for the cuts and magnitude not finalised; Meta official terms it "speculative reporting"; plan comes amid focus on generative...
US issues 30-day licence for countries to buy Russian oil and petroleum products stranded at sea.
LNG now accounts for about 10pc of electricity generation, mainly used to meet evening demand peaks and stabilise the grid, Leghari says.
Brent futures for May rose $1.02, or 1 per cent, to $101.48 a barrel at 07:30 GMT, heading for a weekly increase of nearly 10pc.
Prices unlikely to hit $200 a barrel, US energy secretary says.
Fuel surcharges on domestic flights raised by $20 and up to $100 on international flights, PIA spokesman says.
US dollar firmed 0.2pc, making dollar-priced bullion more expensive for holders of other currencies.
Outlook for inflation and global economic growth amid increasing geopolitical turmoil remains volatile.
Bullion, traditionally viewed as a safe-haven asset, has risen more than 20pc so far this year.
Analysts say markets are expected to keep their focus on developments in the Middle East as investors gauge how long energy prices may stay elevated.
Jet fuel rates go up to $150-200 from $85-90 per barrel; Iran war sparks fears of deep travel slump, widespread grounding of planes.
Market reacting to possibility that Strait of Hormuz could reopen, says Lipow Oil Associates founder.
Oil surged to its highest since mid-2022 on fears of supply disruptions after output cuts by Saudi Arabia and other producers. Prices later retreated...
Easing from a potential war-driven surge in inflation would likely reduce the chances of central banks raising interest rates which is a positive for...
Prices remain under pressure as Trump considers easing oil sanctions on Russia and releasing emergency crude stockpiles as part of a package of...
According to analysts, the situation appears to be deteriorating further as upstream oil production has started to shut down, with producers facing...
Says precautionary reduction implemented as part of "risk management and business continuity strategy".
According to analysts, gold prices would be volatile in the near term with key support at $5,040 and resistance at $5,280, adding that prices could...
Analysts note that halted activities in Hormuz will have two major impacts on oil: the inability to store 20 million barrels per day and the lack of...
US crude futures hit their highest since July 2024 during session.
The central bank has cut the key rate by a cumulative 11.5 percentage points since mid-2024, from a record high of 22pc.
Investors took reprive in a report that Iran intelligence operatives signalled openness to talks with the CIA and upbeat US economic data released on...
Bullion, viewed as a safe-haven asset, has risen about 20pc this year, notching successive record highs amid heightened global political and economic...
Analysts noted that crude oil markets remained on edge as risks to supply continue following the attacks in the Middle East, and concerns are centred...
Gold prices in Pakistan drop Rs10,000 per tola.
Analysts note that underlying fundamentals for the bullion have not materially shifted, as structural drivers such as geopolitical uncertainty and...
Trump stated the US Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, adding he ordered the US International...
Analysts noted that gold would arguably be trading higher than current levels were it not for dollar appreciation since the conflict intensified.
According to analysts, while there are concerns about oil flows through the Strait of Hormuz, a greater risk to the market would be Iran targeting...
Bullion, a traditional safe-haven asset, has hit successive record highs this year due to heightened global political and economic uncertainty.
UAE's two exchanges are home to some of the region's most valuable listed companies, and their closure keeps billions of dollars in listed assets in...
“While the military attacks are themselves supportive for oil prices, the key factor here is the closing of the Strait of Hormuz,” says Ajay Parmar.
Iran and the US are set to hold a third round of nuclear talks in Geneva on Thursday, Oman’s Foreign Minister Badr Albusaidi said. The US wants Iran...
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