Business

Oil prices fall amid demand concerns

Oil prices fell more than $1 per barrel, losing more than 1.5 % in early trading on Monday, after disappointing Chinese inflation data and a lack of clarity on China’s economic stimulus plans, which raised concerns about demand.

Brent crude futures f…

Pakistan, China inaugurate New Gwadar International Airport

Prime Minister Shehbaz Sharif and visiting Chinese Premier Li Qiang have virtually inaugurated the New Gwadar International Airport in Pakistan’s southwestern Gawadar port on Monday.

Addressing the inaugural ceremony here in Islamabad on Monday, Prim…

EU imposes new sanctions on Iran

The Council of Europe (CoE) announced on Monday it adopted new restrictive measures against seven individuals and entities following Iran’s missile and drone transfers to Russia.

In a statement, the Council said the decision follows the indication by…

China plans measures to stimulate the economy — official

China on Saturday declared plans for stimulating its economy by amending lending policies and issuing treasury bonds to back up major banks and the property sector.

Minister of Finance Lan Fo’an said at a news conference that the government would soo…