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ISLAMABAD: The first Liquified Natural Gas (LNG) terminal project for the import of 400-500 million cubic feet (mmcf) LNG was signed here on Friday in order to overcome energy crisis in the country and to reduce growing dependence on expensive furnace oil.

KARACHI: Higher foreign outflows from Karachi Stock Exchange (KSE) hurt sentiments of the market in the year 2011 are an alarming sign for investors going forward.

SINGAPORE: Asian stocks edged higher and a rally in the euro stalled on Wednesday, as investors looked for more signs that European leaders were tackling a debt crisis that threatens the financial system before committing bolder market bets.

TOKYO: Asian stocks rebounded from steep losses over the past several sessions on Wednesday, after tentative signs that European leaders are stepping up their efforts to stop the region's sovereign debt woes from sparking a full-blown banking crisis.