Tag: #GlobalMarkets
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Crude oil prices fall by 4% in global market
Crude oil prices fell by 4% in global market due to Russia-Ukraine increasing tensions. During the trading session, Brent crude was trading at 92 dollars and 86 cents. On the other hand, the price of gas in the world market has increased by 3%. Gas is being traded at 4.33 dollars per unit. Petrol has…
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Government raises petroleum prices by Rs 12 per litre
The government has sharply increased the prices of petroleum products by Rs. 12 per litre. According to the notification issued by Finance Division, the price of petrol has been increased by Rs. 12.3 per litre and the new price of the petroleum will be Rs. 159.86 per litre. The notification further stated that the price…
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PM’s initiatives making Pakistan an investor-friendly country
Through industrial diversification, the long-term economic development of any country is dependent upon its productive material capabilities and the types of products that it produces for exports. Even, South-East Asian countries are now gradually moving up the industrial ladder and have developed capabilities for the production of more complex and sophisticated products, which are much…
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Coronavirus and Politics: Did Chinese deceive the world?
The global halt brought about by the coronavirus has sent the world’s economy into a nose-dive as workers and customers are facing a lock down. Apart from the tragic human consequences of the coronavirus epidemic, the economic uncertainty it has sparked will likely cost the global economy $1 trillion in 2020. The pandemic began as…
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Virus fears weigh on Asian markets
Hong Kong, Feb 20 (AFP/APP): Coronavirus fears weighed on Asian markets Thursday despite China reporting a big drop in new cases and easing borrowing costs to cushion the epidemic’s economic impact. Traders have been betting on central banks, particularly China’s, doing what it takes to keep their economies chugging along as the new coronavirus hits…