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Oil edges up after Trump backs off tariff threat on Greenland

BEIJING/SINGAPORE: Oil prices edged up on Thursday, after US President Donald Trump ratcheted down tension with Europe over his demand for Greenland, while disruptions in supply from two large fields in Kazakhstan and a better demand outlook for 2026 lent support. Brent crude was up 9 cents, or 0.14%, at $65.33 a barrel by 0320 GMT. West Texas Intermediate for March rose 13 cents, or 0.21%,

DAVOS 26: Pakistan to enter Chinese market with green Panda bond by month-end, says Aurangzeb

Pakistan is set to enter the Chinese capital market for the first time with the issuance of a Panda bond, structured as a green bond, by the end of this month, reflecting the country’s commitment to sustainable and climate-resilient financing, Federal Minister for Finance Muhammad Aurangzeb said on the sidelines of the World Economic Forum (WEF) in Davos. “For the first time, we are going to do

Govt regulator cracks down on unlicensed use of “Federation,” “Chamber,” “Association”

The Directorate General of Trade Organizations (DGTO), Ministry of Commerce, warned on Thursday individuals and groups against the illegal use of protected trade body titles such as “Federation,” “Chamber,” and “Association.” The DGTO reminded the public that it was the sole regulatory authority mandated under the Trade Organizations Act, 2013 (TOA 2013) to license and regulate trade bodies in

Stocks surge, KSE-100 crosses 188,000 level in early trade

Stocks maintained their upward momentum at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index crossing the 188,000 level during the opening minutes of trading on Tuesday. At 9:40am, the benchmark index was hovering at 188,545.00, an increase of 783.31 points or 0.42%. Buying interest was observed in key sectors, including automobile assemblers, commercial banks, fertiliser,

Global stocks fall after Trump’s tariff threats

Global stocks dropped and the dollar eased against the safe-haven yen and Swiss franc on Monday after US President Donald Trump threatened additional tariffs on goods imported from European nations that oppose his planned takeover of Greenland. Gold and silver prices jumped to new record peaks, while oil dipped on concerns about what a possible trade war between the US and Europe could mean for