NEW YORK -  US stocks closed out another week of new record highs Friday as investors focused on the positive side of mixed economic news and corporate earnings.Retail sales barely budged higher in April and jobless claims rose, but permits to build housing soared and consumer inflation ...

ISLAMABAD - Hallmarked with renewed commitments, reprioritised relationships, invariable highs and sinking lows, Pakistan’s defence sector had been the centre-stage of dramatic turn of events in the year 2012. Not only the external strategic pressures but the challenges from within as well ...

LONDON (AFP) - Copper and tin prices nailed historic highs this week, and gold smashed above 1,400 dollars for the first time in history in a sustained record-breaking run fuelled by hopes of economic recovery. Crude oil meanwhile rocketed to two-year peaks while soft or agricultural commodities ...

LONDON (AFP) - Commodity prices rallied to multi-month highs this week on increasing signs that the worst of the world recession may be over. The recent surge in commodity prices appears to have been driven primarily by hopes of a strong recovery in the global economy, said Capital Economics ...

World oil prices fell Tuesday from all-time highs of near 140 dollars amid uncertainty over Saudi Arabia's pledge to increase production output, dealers said. In early morning trade, New York main oil futures contract, light sweet crude for July delivery, dropped 71 cents to 133.90 dollars per ...