Pakistan’s Karachi Stock Exchange (KSE) recorded bullish trade for eighth straight day on Thursday to hit a fresh all-time historic high as improved political scenario and better result expectations kept the investors interested in various stocks.
New airline routes between China and Australia will soon begin as part of the free trade agreement recently ratified by the two countries.
Chinese stock investors signalled restored confidence in July as the country’s economic fundamentals and policies boosted equity markets, according to a recent industry survey.
The European Union (EU) has approved the proposed acquisition of Hospira by Pfizer, but the approval subjected to conditions, the EU’s competition regulator said on Wednesday.
The world economic growth would slow this year to the lowest rate since the financial crisis, the National Institute of Economic and Social Research (NIESR) said Wednesday.
The slowing economy will gain traction in the second half of this year, supported by improving exports and household consumption and a rebounding property market, a Chinese bank has forecast.