Bulls continue to rule PSX; index gains another 911 points

KARACHI: The Pakistan Stock Exchange (PSX) managed to attract investors once again on Thursday after three consecutive positive sessions. The indices witnessed a good start to...

Bank AL Habib declares pre-tax profit of Rs8.55bn

The Board of Directors of Bank AL Habib Limited announced the financial results for the half-year ended June 30, 2019. The bank reported a...

Alibaba postpones up to $15bn Hong Kong listing amid protests

HONG KONG/NEW YORK: China's biggest e-commerce company Alibaba Group Holding Ltd has delayed it’s up to $15 billion listing in Hong Kong amid growing...

Stocks extend gains with 553-point rally

KARACHI: The Pakistan Stock Exchange (PSX) carried forward its positive momentum for the third successive session, ending the day in the green zone again. The indices...

Is Bitcoin creator a Pakistani?

A British-Pakistani entrepreneur named Bilal Khalid, now known as James Caan, has recently claimed that he was in fact Satoshi Nakamoto, the man behind...

Bulls dominate as KSE-100 surges 856 points

KARACHI: Positive sentiments prevailed at the Pakistan Stock Exchange (PSX) for the second consecutive session with the KSE-100 Index managing to cross the 30,000 mark,...

Bank Alfalah’s pre-tax profit surges 14pc in first half

The Board of Directors of Bank Alfalah Limited, in its meeting held recently in Abu Dhabi, approved the bank's unaudited interim financial statements for...

Pakistan’s trade balance improves 19pc in one year

ISLAMABAD: Pakistan trade balance has improved by 19pc, as the deficit declined from $37.6 billion to $30.6 billion during the last fiscal year. "The country's...

KSE-100 breaks 8-day losing streak, gains 797 points

KARACHI: Investors of the Pakistan Stock Exchange (PSX) breathed a sigh of relief as their trade screens turned green on Monday. Indices started moving north...

PSX bleeds on first day after Eid

KARACHI: Amid rising border tensions, indices at the Pakistan Stock Exchange (PSX) recorded fresh lows on Friday, with the KSE-100 Index ending the only...

Bitcoin slumps to two-week low on technical trading, market jitters

LONDON: Bitcoin extended losses on Thursday after suffering its worst day for a month on Wednesday, with traders citing factors ranging from technical trading to...

Wall Street rises after strong retail sales data, Walmart earnings

US stocks rose in choppy trading on Thursday, as strong July retail sales data and Walmart’s upbeat results eased some fears about the economy...

Global stocks hurt by China’s trade threats, falling bond yields

LONDON: China's threat to impose countermeasures in retaliation for the latest US tariffs knocked stocks sprawling on Thursday, checking earlier attempt to recover from a...

Alibaba results beat estimates on cloud, e-commerce growth

SHANGHAI: China’s Alibaba Group Holding Ltd reported better-than-expected quarterly revenue and profit on Thursday, aided by growth in its e-commerce and cloud computing businesses. The beats...

Barclays ends partnership with cryptocurrency exchange Coinbase: sources

LONDON: Barclays is no longer providing banking services to major cryptocurrency exchange Coinbase, sources familiar with the matter told Reuters, ending a relationship that started...

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FBR issues notices to 3,950 non-filers in Lahore

LAHORE: The Federal Board of Revenue's Broadening of Tax Base (BTB)-Lahore has issued notices to some 3,950 people who did not declare their assets despite...

PIA hikes UAE fares

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FBR seeks Pakistanis’ Iqama details from UAE

Tax authorities have sought details from the United Arab Emirates (UAE) of Pakistanis who have obtained Iqama (work permit) from the Arab country in...