Gold price reaches Rs285,000 per tola in Pakistan
The price of 10 grams of 24 karat gold also increased by Rs1,372 to Rs244,342
Treasury issues rule to block US investors from helping China develop advanced military technology
Govt had lodged a protest with the U.S. over the latest action.
JPMorgan sues customers over cheque fraud linked to glitch that went viral
The glitch in August let customers deposit big cheques in ATMs and withdraw funds before clearance
Financial, technology leaders attend Saudi investment conference
The conference organised two large panels on Tuesday, which were set to also feature banking leaders
German consumer sentiment on steady path to recovery in November, finds GfK
Expectations for the next 12 months for Europe's largest economy fell for the third time in a row
Oil prices little changed though US reserve bid lends support
Brent crude futures climbed 4 cents to $71.46 a barrel but US WTI crude was down 1 cent at $67.37
Asian stocks mixed, dollar drifts before megacap earnings, jobs data
The Nikkei ended the day up 0.77%, building on its 1.82% rally in the previous session
PSX scales above 90,000 points as rate cut nears
Ongoing surge in the PSX is believed to be caused by multiple positive indicators
Volkswagen labour chief sounds alarm on mass layoffs
Volkswagen labour chief sounds alarm on mass layoffs
PM Shehbaz embarks on Saudi Arabia visit to attend FII moot
The Future Investment Initiative serves as key platform for countries to showcase economic strength
Gold prices dip by Rs900 to Rs283,400 per tola
The price of 10 grams of 24 karat gold also decreased by Rs771 to Rs242,970
Stocks rise ahead of action-packed week; Japan election sparks turmoil
Tokyo's Nikkei closed up 1.8%, after initially dipping following the weakest LDP election result
Apple wins $250 US jury verdict in patent case over Masimo smartwatches
The jury agreed with Apple that they willfully violated Apple's patent rights in smartwatch designs
Bricks over clicks as shops come back into fashion in Europe
European retailers are investing in physical shops to stimulate both online and offline sales
Oil slumps more than 4% after Iran downplays Israeli strikes
Brent was at $72.92 a barrel, down $3.13, while WTI slipped $3.15, to $68.63 a barrel
Petrol, diesel prices likely to fall on November 1
The sources hinted that the prices of petrol and HSD may be reduced by Rs3 and Rs2.30 per litre
Benchmark KSE-100 index peaks at above 91,000 points amid hopes of rate cut
Gains 855.49 points on start of week's trade
Finance Minister lauds Pakistani diaspora for bolstering Pak-US economic ties
Aurangzeb briefed Pakistani community of his weeklong engagements in Washington
Japan's Nikkei and yen set to lurch on political uncertainty
Japan's Nikkei and yen set to lurch on political uncertainty
Babar, Shaheen, Naseem return to squad as PCB announces teams for Australia, Zimbabwe tours
Babar, Naseem and Shaheen would be the part of team against Australia but not against Zimbabwe
Oil prices likely to fall after Israel strikes on Iran
Brent and the US WTI crude futures gained 4% last week in volatile trade
Govt launching Panda Bond in Chinese market to diversify financing base: Aurangzeb
Both parties agreed on the importance of offering more routing choices for clients
All rating agencies say Pakistan's economy on right track: Aurangzeb
Says US business community wants to invest in Pakistan
Alibaba to pay 433.5 million dollars to settle shareholder lawsuit over monopoly claims
Alibaba to pay 433.5 million dollars to settle shareholder lawsuit over monopoly claims
Brazil fines meat packers $64 million for buying cattle from deforested Amazon land
Brazil fines meat packers $64 million for buying cattle from deforested Amazon land
Italy's Eni and BP resume onshore drilling in Libya after 10-year hiatus, NOC says
Italy's Eni and BP resume onshore drilling in Libya after 10-year hiatus, NOC says
Gold prices move up by Rs2,000 per tola
The price of gold in the international market increased by $22 per ounce
Russia's central bank raises interest rate to 21pc to fight inflation boosted by military spending
Russia’s economy continues to show growth as a result of booming oil export revenues
ADB to provide policy based loan to Pakistan, says Aurangzeb
both sides agreed on the importance of domestic revenue mobilization, regional cooperation
US October nonfarm payrolls seen taking a hit from striking aerospace, hotel workers
US October nonfarm payrolls seen taking a hit from striking aerospace, hotel workers
Thiel's Palantir dumped by Norwegian investor over work for Israel
Thiel's Palantir dumped by Norwegian investor over work for Israel
US, EU trade war would only have losers, German finance minister says
US, EU trade war would only have losers, German finance minister says
Stock market today: Wall Street opens higher but is still headed for a rare losing week
Stock market today: Wall Street opens higher but is still headed for a rare losing week
World Bank gears up to launch debut debt-for-development swap
World Bank gears up to launch debut debt-for-development swap
Gold price plunges by Rs800 per tola
The price of 10 grams of 24 karat gold also decreased by Rs686 to Rs242,027
Oil heads for weekly gain as Middle East tensions keep market on edge
Brent crude futures climbed 31 cents to $74.69 a barrel and US WTI crude was at $70.48, up 29 cents
Pakistan, South Africa agree to enhance trade, commerce cooperation
Underscored the need for regular engagement and dialogue between both states
Bulls extend rally as 'positive' indicators boost investors' confidence
During the early morning trade, the KSE-100 index reached 90,055 points, an increase of 1,109 points
Leghari explores energy cooperation with China, Iran at BRI moot
He underscores the importance of cross-border energy projects in boosting connectivity, trade
Dow forecasts weak Q4, sagging demand leads to review of some Europe assets
Dow forecasts weak Q4, sagging demand leads to review of some Europe assets
Russia's proposed grain exchange for BRICS countries may take years to launch
Russia's proposed grain exchange for BRICS countries may take years to launch
Govt reduces electricity tariff by 86 paisa per unit
The relief will be reflected in consumers’ electricity bills for October.
PM Shehbaz directs timely completion of reforms in FBR
Shehbaz Sharif was chairing a meeting on the progress of reforms in FBR
Gold prices dip by Rs2,300 to Rs283,100 per tola
The price of 10 grams of 24 karat gold also decreased by Rs1,971 to Rs242,713
No end for Boeing labor strike as workers reject latest contract proposal
A spokesperson for Boeing said officials didn’t have a comment on the vote
Bulls become all the rage as KSE-100 index settles near 89,000 points
Expected ease in monetary policy also boosts investors' confidence
Can't burden weighed down salaried class further: Aurangzeb
Says real estate sector, retailers would have to add more into tax revenue
Aurangzeb urges IMF to embed social protection measures in lending frameworks
He highlighted reforms aimed at increasing the tax-to-GDP ratio, reducing energy sector losses
Michelin misses quarterly sales estimates on weaker global demand
Michelin misses quarterly sales estimates on weaker global demand
OGDCL announces gas discovery in Sindh's Khairpur
The Shahu-1 well is estimated to produce around 10 million Standard Cubic Feet per Day of gas
Housing on the ballot: Harris, Trump push different plans for tackling housing affordability crisis
Housing on the ballot: Harris, Trump push different plans for tackling housing affordability crisis
Warren Buffett says he won't endorse investment products or candidates
Warren Buffett says he won't endorse investment products or candidates
Gold prices hit fresh high of Rs285,400 per tola
The price of 10 grams of 24 karat gold also increased by Rs1,714 to Rs244,684
Pakistan gets 'encouraging response' from China over debt reprofiling talks, says Aurangzeb
Says provincial govts are to move forward on legislation on agriculture by January
PSX sets yet another record, surges past 87,000 mark
The KSE-110 index increased by 657 points to reach a historical high of 87,124 points
IMF predicts slightly slower global growth in 2024 and 2025
Global growth is expected to ease slightly to 3.2 percent this year and remain at that level in 2025
IMF projects Pakistan's GDP growth rate at 3.2pc in FY25
The report added global growth was expected to remain stable yet underwhelming
Gold price up by Rs1,100 to Rs283,400 per tola
The price of 10 grams of 24 karat gold also increased by Rs943 to Rs242,970
Stock market today: Wall Street heads for a rare back-to-back loss
Stock market today: Wall Street heads for a rare back-to-back loss
PSX makes history as KSE-100 index reaches 86,733 points
The KSE-100 index traded at 86,733 points after gaining more than 600 points.
Most voters think the economy is poor, but split on whether Trump or Harris can fix it: AP-NORC poll
Most voters think the economy is poor, but split on whether Trump or Harris can fix it: AP-NORC poll
Pakistan to be at $3 trillion on 100 years of its independence, asserts Ahsan Iqbal
Says Pakistan to rank among top 10 economies of the world
Amnesty says migrant workers exploited at Carrefour Saudi stores
Carrefour told AFP that an internal probe had not confirmed most allegations
Petroleum imports up by 15.74pc in 1st quarter
The imports of overall petroleum group during July-September (2024-25) stood at $4,053.017mn
IMF, World Bank meetings clouded by wars, slow economic growth, US election
"The US election is not on the official agenda this week, but it's on everyone's mind"
As poor nations' default wave peaks, cash shortage could take its place
The IMF and others worry that a dangerous liquidity shortfall could take its place in many economies
Asia shares wobble while bitcoin and gold rally
The Beijing Stock Exchange 50 Index jumped 14% to a record high. Japan's Nikkei rose 0.12%
Oil prices regain ground after 7pc weekly drop
Brent crude futures rose 27 cents to $73.33 a barrel while US WTI futures gained 31 cents to $69.53
PSX shrugs off bearish trend as bulls return to rule
The positive trend continued as by the midday the index gained 709.26 points to climb to 85,959.35
Finance Minister departs for US to attend IMF, WB meetings
Also meet with his counterparts from China, UK, Saudi Arabia, UAE
CAEDA to make investment of $13b in Pakistan
It also sent 20 fishing boats to Pakistan with an investment of 500 million dollars.
Aurangzeb vows to maintain macroeconomic stability
Students and housewives will not face any issue in filing taxes
Gold prices up by Rs900 per tola
The price of 10 grams of 24 karat gold also increased by Rs772 to Rs241,598
SBP releases governor's annual report 2023-24
Total banking sector deposits see a notable growth on account of elevated interest rates
China's economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target
China’s economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target
Early trading on Wall Street is mixed as markets hover near recent highs
Early trading on Wall Street is mixed as markets hover near recent highs
Weekly SPI inflation up by 0.28pc in Pakistan
Out of 51 items, prices of 19 items increased, 09 items decreased
Gold on record-breaking spree as per tola price reaches Rs280,900
The price of 10 grams of 24 karat gold also increased by Rs2,572 to Rs240,826
Oil steadies, but on track for biggest weekly loss in over a month
Brent crude futures gained 23 cents to $74.68 a barrel and WTI futures were up 29 cents to $70.96
India plans laptop import curbs to boost local manufacturing, sources say
The plan could disrupt an industry worth $8 bn to $10 bn and reshape and reshape market in India
Wall Street futures rise as tech stocks gain, Netflix jumps after strong earnings
Chip heavyweight Nvidia was up 1.2%, building on gains in the previous session
World Bank president focused on job creation ahead of annual meetings
He said he had made significant progress on his plans to create "a better bank and a bigger bank"
Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks
Mortgage rates have been climbing in recent weeks following a spate of encouraging reports on
GDP surges, currency rate drops, good news pouring in: SM Tanveer
Former minister expresses optimism about economic growth
Pak exhibitors praise GITEX Dubai as 'great show' for tech firms
Many MoUs, deals and agreements were signed
Musk's win on India satellite spectrum raises prospect of price war with Ambani
Musk's win on India satellite spectrum raises prospect of price war with Ambani
China to boost financing for approved housing projects to $560 billion to counter property slump
China to boost financing for approved housing projects to $560 billion to counter property slump
Wall Street poised to open with gains as more earnings, economic data arrives
Wall Street poised to open with gains as more earnings, economic data arrives
Gold prices reach new record high in Pakistan
The price of 10 grams of 24 karat gold also increased by Rs600 to Rs 238,254
Helene and Milton are both likely to be $50 billion disasters, joining ranks of most costly storms
Making that even more painful is that most of the damage
Amazon, Google make dueling nuclear investments to power data centers with clean energy
Nuclear energy is a climate solution
Jamie Dimon charts JPMorgan expansion plan into Africa
Jamie Dimon charts JPMorgan expansion plan into Africa
Gold prices up by Rs2,200 per tola to reach historic high
The price of 10 grams of 24 karat gold also increased by Rs1,886 to Rs. 237,654
Stock market today: Wall Street falls from its records as oil prices tumble and tech stocks drop
Stock market today: Wall Street falls from its records as oil prices tumble and tech stocks drop
What's behind the widening gender wage gap in the US
That’s a reversal from the previous five years when the ratio had been narrowing
Curfew extended in France's Martinique after riots over spiraling food prices
In recent weeks the island has been shaken by violent protests over high food prices
Wall Street flat in early trading, oil prices tumble again on China weakness
Wall Street flat in early trading, oil prices tumble again on China weakness
Gold prices dip by Rs700 per tola
The price of 10 grams of 24 karat gold also decreased by Rs600 to Rs235,768
Oil falls as demand outlook weakens, Iran supply disruption concerns ease
Brent crude futures were down $2.81 to $74.65 per barrel while US WTI futures fell $2.72 to $71.11
China may raise $850 bln in new debt over three years to spur growth, says report
The size of the expected fiscal package has been the subject of intense speculation in fiscal market
Asian shares defy Wall Street's rise, oil extends losses
The Nikkei rallied more than 1% to a three-month peak, having been closed on Monday for a holiday
GM, Barclays sign long-term credit card partnership agreement
GM, Barclays sign long-term credit card partnership agreement
Hard to see Chinese EV price deal by end of October
Hard to see Chinese EV price deal by end of October
New ADB country director for Pakistan assumes office
Fan will oversee ADB’s operations in Pakistan, including implementation of partnership strategy
Gold prices up by Rs200 per tola
The price of 10 grams of 24 karat gold also increased by Rs171 to Rs236,368
Hyundai India starts $3.3 billion IPO in country's largest ever share sale
At that size, Hyundai India will make up about 40% of parent Hyundai Motor's market capitalisation
FBR says today is last date for filing income tax returns
In a statement issued here, the FBR said that it had already extended the date for filling returns
Asia shares stutter as China's stimulus pledges fail to inspire
The Hang Seng Index last traded 0.41% lower, while the CSI300 blue-chip index rose 1.52%
What matters most to world markets in a tight US election race
For European equity markets, a Trump victory could spell trouble for export-heavy sectors
Dollar holds gains while investors parse China's stimulus plans
The euro was down 0.13% at $1.0922 and the pound was listless but fell 0.2% at one point
Oil prices drop on concerns China's flagging economy to limit demand
Brent crude futures dropped 86 cents to $78.18 per barrel while WTI futures fell 83 cents to $74.73
Investors optimism rules PSX as KSE-100 index reaches 85,901 points
PSX continues to witness bulls rally in the stock market at the first day of the week’s trade
SCO summit will be game changer for Pakistan, boosting economic, regional ties: Atta Tarar
Pakistan is an advocate of independent trade policy to promote investment and business
Punjab mills increase flour price by Rs1 per kg
Claim they hiked the rate after increase in wheat price
Verdi union against Commerzbank cross-border merger regardless of bidder nationality
Verdi union against Commerzbank cross-border merger regardless of bidder nationality
Gold prices up by Rs1,600 per tola
The price of 10 grams of 24 karat gold also increased by Rs1,372 to Rs236,197
China's finance minister says there is room for more economic stimulus but offers no plan
China’s economy has remained sluggish despite the lifting of COVID-19 restrictions
Pakistan agrees on 22 conditions with IMF
Govt has also agreed to approve changes in gas tariffs by Dec 2024
Short term inflation eases by 0.08pc in Pakistan
The SPI for the week ended on October 10 was recorded at 318.91 points
AI is having its Nobel moment. Do scientists need the tech industry to sustain it?
Hinton said only: “Neural networks are the future.”
Oil retreats, but heads for weekly climb on potential Mideast supply disruption
Brent crude oil futures fell 94 cents to $78.46 a barrel while US WTI slipped 86 cents to $74.99
Tesla CEO Elon Musk unveils 'Cybercab' robotaxi
Experts said setting up robotaxis could take years, particularly due to ensuring safety, reliability
Asian shares set for first weekly loss in five, China stimulus eyed
MSCI's broadest index of Asia-Pacific shares outside Japan rose a subdued 0.3% on Friday
FBR gears up to net big fish to improve tax collection, says Langrial
Says the deadline for filing income tax returns will not go beyond Oct 14
BOJ will hike rates if it has more confidence in forecasts
BOJ will hike rates if it has more confidence in forecasts
Wall Street sets more records after Shanghai's worst drop since early COVID
Wall Street sets more records after Shanghai’s worst drop since early COVID
US inflation reaches lowest point since February 2021, though some price pressures remain
US inflation reaches lowest point since February 2021, though some price pressures remain
Energy minister vows to reduce electricity prices thru consultation with IPPs
The government plans to create an open market for electricity, allowing buyers more freedom
Gold prices dip further by Rs500 per tola
The price of 10 grams of 24 karat gold also decreased by Rs 429 to Rs232,510
IMF notes gradual improvement in Pakistan's economic stability
IMF notes gradual improvement in Pakistan’s economic stability
Pakistan, Saudi Arabia agree to enhance economic cooperation
A Saudi delegation meets President Asif Ali Zardari in Islamabad
Trump's small-dollar donor fundraising is beset by confusion and fatigue
Trump’s small-dollar donor fundraising is beset by confusion and fatigue
Government decides to terminate power purchase agreements with 5 IPPs
The Prime Minister highlighted the personal efforts of Army Chief General Asim Munir in this matter
Oil prices rise on US storm, fears of Israel-Iran conflict
Brent crude futures rose 63 cents to $77.21 a barrel while US WTI futures were up 63 cents to $73.87
Pakistan on road to economic recovery, says Aurangzeb
SIFC to provide hassle-free cooperation for investment
Pakistan well-positioned to benefit from SA's vision 2030, strengthen investment, trade: Jam Kamal
With strategic promotional efforts, Pakistan can enter Saudi market, said Kamal
Lab-grown meat could be on our plates in just two years
Meat is grown by taking stem cells from a living animal and encouraging them to multiply in a lab
Saudi business delegation arrives in Pakistan
Federal Ministers Musadik Malik, Jam Kamal Khan and Abdul Aleem received the delegation
Wall Street holds firm after Shanghai stocks suffer worst drop since early COVID
Wall Street holds firm after Shanghai stocks suffer worst drop since early COVID
Most Taiwanese believe China unlikely to invade in coming five years
Most Taiwanese believe China unlikely to invade in coming five years
China's runaway rally stutters; commodities and global shares subdued
Benchmark indexes in China notched up their biggest daily losses since the COVID-19 pandemic began
Boeing halts talks, withdraws pay offer to striking union
"Unfortunately, the union did not seriously consider our proposals," Boeing's Stephanie Pope said
Fitch says decarbonisation of world economy progressing far too slowly
World CO2 emissions rose by 1.8% last year compared to world GDP growth of 2.9%, the report said
Oil prices edge up after sliding on potential Israel-Hezbollah ceasefire
Brent crude futures rose 45 cents to $77.63 a barrel while US WTI futures jumped 33 cents to $73.90
Finance ministry denies involvement of deceased Chinese engineers in IPP talks
Around 0.8 million people in Islamabad did suffer for over the last 2-3 days due to protests
Cabinet body approves independent multiplayer market for power purchase, generation
Priority measures are being taken for the power sector reforms.
Pakistan expects $2bn investment agreements from Saudi Arabia
Saudi Arabia is set to invest over $5 billion by 2027
Blistering bulls take KSE-100 index to new high of 86,245 points
Analysts link the surge to improving macroeconomic outlook and possible policy rate
Hacker attack disrupts Russian state media on Putin's birthday
Hacker attack disrupts Russian state media on Putin's birthday
Hyundai has begun producing electric SUVs at its $7.6 billion plant in Georgia
Hyundai has begun producing electric SUVs at its $7.6 billion plant in Georgia
Federal govt's debt hits record high of Rs70.36tr
Between September 2023 and August 2024, the debts ballooned by Rs6.39 trillion
China puts provisional tariffs on European brandy after EU OKs duties on Chinese EVs
China is studying whether to raise tariffs on imported cars with large engines,
Stocks go through the roof by surpassing 85,000 mark
Improving macroeconomic outlook with prospects of policy rate cut boost market sentiment
29,000 agriculture tubewells couldn't be solarised in Balochistan
PM had given a three-month deadline for the project
Pakistan eyes $7bn rice exports to support economy
Rice exports play a vital role in country’s economy
Wall Street slips under the weight of Treasury yields back above 4%
Wall Street slips under the weight of Treasury yields back above 4%
Samsung's profit recovery seen weakening in Q3
This is a jump from 2.43 tr won a year earlier, but little changed from 10.44 tr won last quarter
Oil prices dip after strongest weekly rise in over one year
Brent crude futures fell 28 cents to $77.77 per barrel and WTI futures slipped 19 cents to $74.19
Japan leads Asia stock rally, dollar firms after blowout US payrolls
Japan's Nikkei led regional equity gains with a 2.28% rally, given additional momentum by softer yen
PSX crosses another milestone, reaches historic 84,910 points
KSE-100 index scaled 84,116 points after gaining 584 points
Reviewing agreements with power plants, IPPs: Leghari
Measures being taken to reduce electricity tariff
Top US trade official sees progress in helping workers. Voters will decide if her approach continues
Top US trade official sees progress in helping workers. Voters will decide if her approach continues
Italian prosecutors accuse 7 people, 2 firms over flawed Boeing plane parts
Italian prosecutors accuse 7 people, 2 firms over flawed Boeing plane parts
Gold rates decrease by Rs700 per tola to Rs275,500
The price of 10 grams of 24 karat gold also decreased by Rs600 to Rs236,197
Dockworkers' union to suspend strike until Jan. 15 to allow time to negotiate new contract
A person briefed on the agreement said the ports
US adds a robust 254,000 jobs and unemployment dips to 4.1pc in sign of still-sturdy labor market
Latest figures suggest that many companies are still confident
CPEC Phase-II begins with new agreements between Pakistan, China
Pakistani products will get duty-free access to the global market
China's BingEx surges after tepid start in Nasdaq debut
China's BingEx surges after tepid start in Nasdaq debut
Oil prices jump again on worries about the Middle East as Wall Street fades
Oil prices jump again on worries about the Middle East as Wall Street fades
US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor market
US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor market
Gold prices up by Rs1,800 per tola in Pakistan
The price of 10 grams of 24 karat gold also increased by Rs1,543 to Rs236,797
Collapse of national security elites' cyber firm leaves bitter wake
The firm’s crash has left behind a trail of bitter investors
US port strike ends leaving huge cargo backlog to be cleared
The strike ended after dockworkers and port operators reached a wage deal on Thursday night
Ray-Ban maker EssilorLuxottica slams 'grab bag' lawsuits claiming eyewear monopoly
The company told the district judge that plaintiffs had not presented enough facts to justify claims
Chinese investors showing interest to invest in Pakistan
A Chinese company will set up a solar panel assembly in Port Qasim, Karachi
Oil prices flat as Middle East conflict counters ample supply outlook
Brent crude futures were flat at $77.55 a barrel while US WTI crude was little changed at $73.65
PSX sets new record as KSE-100 index crosses 83,000 mark
The KSE-100 gained 319 points to rise up to 83,041 points in early morning trade
Asia shares fall, oil set for weekly gains on Mideast risks
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.32%
Pakistan eyes $4bn exports to Russia in next five years
“Pakistan’s target to increase exports will move ahead with a new plan of action.”
Wall Street edges higher as financial markets steady themselves
Wall Street edges higher as financial markets steady themselves
More Americans file for unemployment benefits last week, but layoffs remain historically low
More Americans file for unemployment benefits last week, but layoffs remain historically low
Rumours of Stellantis-Renault merger are 'pure speculation'
Rumours of Stellantis-Renault merger are 'pure speculation'
Pakistan-Malaysia agree for fostering deeper economic, trade cooperation
Jam emphasised that there is huge potential to grow bilateral trade between the two sides
Gold prices dip by Rs1,100 to Rs274,400 per tola
The price of 10 grams of 24 karat gold also decreased by Rs943 to Rs235,254
Toyota to delay US EV production to 2026 amid slowing sales, Nikkei reports
Toyota planned to introduce five to seven battery electric vehicle models in the US over two years
Ship queue grows at US ports as dockworker strike enters third day
At least 45 container vessels anchored up outside strike-stricken East Coast and Gulf Coast ports
OPEC+ could cushion Iran oil shock but not broader disruption
Iranian oil exports have climbed this year to near multi-year highs of 1.7m bpd despite US sanctions
Oil rises on prospects of wider Middle East war, firmer global supply caps gains
Brent crude futures gained 80 cents to $74.7 a barrel and US WTI crude gained 85 cents to $70.95
Japanese stocks rally, yen falters as BOJ rate hike bets fade
MSCI's broadest index of Asia-Pacific shares outside Japan fell 1% while the Nikkei surged 2.2%