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Pakistan faces high inflation despite historic lows in region

KARACHI - As inflationary pressures across the globe continue to dissipate, Pakistan still faces a very high double-digit inflation.A regional comparison of inflation reveals the rigidity of inflation in Pakistan in comparison to other Read full story

Oil bounces off 4-year lows in Asia

Oil prices bounced off four-year lows to near$43 a barrel Monday in Asia after OPEC's president suggested the group could surprise investors with a large production cut later this month. Light, sweet crude for January delivery was up $2.01 Read full story

Market awaits approaching new lows

The Pakistani stock market closed on Friday the last day of the trading week (June 16-20, 2008) under review at 11655 point with a decrease of 789 points with reference to the closing of the market at12444 points on June 16, 2008, the Read full story

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