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PSX slips over 600 points as oil retreats, sector sell-off weighs on sentiment

[ A stock broker reacts while monitoring the market on the electronic board displaying share prices during trading session at the Pakistan Stock Exchange, in Karachi on July 3, 2023. Photo: Reuters/ File KARACHI: Sentiment reversed at the Pakistan Stock Exchange (PSX) on Wednesday as the KSE-100 Index opened in negative territory and remained in … Read more

Zverev, Shelton back for Davis Cup

Alexander Zverev has won the men’s US Open final, beating Ben Shelton in four sets. Photo: AFP NEW YORK: Newly-crowned US Open champion Alexander Zverev makes a quick return to action this weekend as he bids to help Germany reach the Davis Cup Finals, while American Ben Shelton hopes to put his Flushing Meadows final … Read more

High prices choke LNG demand

[ BANGKOK: LNG demand from China, India and Pakistan is likely to rebound from multi-year lows once the Middle East supply crunch ends and new supplies emerge, industry executives say, reversing a pick-up in coal and oil to replace gas during the US-Iran war. The conflict has prevented Qatar and the UAE from exporting most … Read more