SECP, PSX scuffle intensifies over bourse BOD election
KARACHI: The Pakistan Stock Exchange and Securities and Exchange Commission of Pakistan are engaged in a struggle over the bourse’s board of...
Asian stock markets fall, as U.S expected to hike rates faster
SYNDEY: Asian shares faltered on Wednesday and bonds were sold off as risk appetite soured after comments from new Federal Reserve Chair...
Asian stocks extend gains, after Wall Street finishes higher overnight
SEOUL: Asian markets mostly extended gains on Tuesday after Wall Street finished higher overnight. The upcoming Federal Reserve chair’s testimony at U.S....
Oil prices consolidate gains, on signs of stronger demand
TOKYO: Oil prices extended gains on Tuesday, supported by signs of stronger demand, robust production curbs led by OPEC and a slight...
Mughal Steel gets amendments to expansion plan approved
LAHORE: A bourse notification filed Monday by Mughal Iron and Steel Industries Limited (MISIL) revealed amendments to expansion plan have been approved...
Did the Chinese acquire PSX at a discount?
LAHORE: Leading brokerages and investors in the country believe the acquisition of Pakistan Stock Exchange by a Chinese consortium in January 2017...
Asian stock markets vigilant, as dollar loses early gains
TOKYO: Asian share markets were in a cautious mood on Monday as investors braced for an event-packed week headlined by U.S. inflation...
Oil prices hover around two-week-highs
TOKYO: Oil prices held little changed near two-week highs early on Monday, supported by comments from Saudi Arabia that it would continue...
Pakistan’s imports rationalisation policy irks trading partners
ISLAMABAD: In a recent drive to drastically reduce food imports into the country, the Ministry of Commerce (MoC) has taken strict measures...
Asian shares rise, as concerns ease over fast interest rate hikes in U.S
SYDNEY: Asian shares rebounded on Friday as comments from a Federal Reserve official eased worries about faster rate rises in the United...
Oil prices inch up, after unexpected fall in U.S crude stocks
SINGAPORE: Oil prices edged up on Friday, supported by lower U.S. crude inventories, but gains were capped by a surge in U.S....
Bitcoin struggles to stay above $10,000
NEW YORK: The cryptocurrency fell below the psychologically key level of $10,000 on Thursday, failing the latest attempt to recover from a...
U.S stocks volatility stings like a bee, but likely to persist
NEW YORK: U.S. stock markets are unlikely to return to the unusually calm conditions seen last year, even though equities have already...
U.S crude oil consolidates gains, as dollar slips to three-year low
TOKYO: U.S. crude extended gains in subdued trade on Friday as the dollar slipped to a three-year low, with many Asian markets...
Asian stocks rise for 5th straight session, while dollar hits 3-year lows
TOKYO: Asian shares rose for a fifth straight day on Friday as investor confidence slowly returns after a sharp sell-off earlier in...