Pakistani stocks climbed by nearly four percent Wednesday, hours after Saudi Arabia pledged to provide Islamabad with $6 billion in financial assistance to shore up a widening balance of payments crisis.
The benchmark KSE index of the Pakistan Stock Exchange gained 1,462 points or 3.85 percent in intra-day trading to push the index to 39,176 points.
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Israel on Wednesday allowed a resumption of Qatari-financed fuel deliveries to Gaza after a 12-day halt it imposed over heavy border clashes, the Palestinian territory's sole power plant said.
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Canada will host trade officials from the European Union, Japan and others for two-day talks starting Wednesday aimed at shaping long-delayed reforms to the global trading system that have sparked tensions among major economies.
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Sugar: it's so quintessentially Cuban that even a young, machete-wielding Fidel Castro used to hack away at the cane stalks vital to the Caribbean island's economy.
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The European Commission on Tuesday rejected Italy's draft 2019 budget, the first time the EU executive has ever sent a member state back to the drawing board over spending plans.
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Saudi Arabia's powerful crown prince appeared Tuesday at a glitzy investment forum boycotted by a host of global business leaders, as the petro-state admitted it is facing a "crisis" after the murder of journalist Jamal Khashoggi.
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Saudi Arabia opened an investment conference on Tuesday despite a wave of cancellations from policymakers and business titans over the murder of journalist and government critic Jamal Khashoggi.
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From its birth in an anonymous, academic style paper to one of the world's most volatile and closely watched financial instruments, bitcoin has lived through a tumultuous first 10 years.
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Saudi Arabia scrambled Monday to prepare for an investment summit after a string of cancellations from global business titans, with Turkey's threat to reveal the "naked truth" over critic Jamal Khashoggi's murder casting a fresh shadow.
Starting on Tuesday, the three-day Future Investment Initiative (FII) was meant to project the historically insular petro-state as a lucrative business destination as it seeks to diversify and set the stage for new ventures and multi-billion dollar contracts.
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The head of German conglomerate Siemens on Monday joined a slew of corporate chiefs and politicians in pulling out of an investment conference this week in Saudi Arabia, over the murder of Saudi journalist Jamal Khashoggi.
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