Asian stock markets plunge, after heavy declines on Wall Street

BEIJING: China’s stock market benchmark plunged 5.5 percent on Friday and other Asian markets were off sharply after the Dow Jones industrials...

Market Daily: KSE-100 index in the red again, declines 416.62 points

LAHORE: Wednesday’s gains on the Pakistan Stock Exchange (PSX) reversed on Thursday, as investors fretted and with sentiments mixed in global markets...

Engro Fertilizer profits dip 2.17 percent, sales decline 9pc for FY 2017

LAHORE: A bourse notification filed Thursday by Engro Fertilizer announced its financial year results for the year ending December 30th, 2017. The results...

Bitcoin driving investor insanity, appetite for alternative investments

LAHORE: Bitcoin and other cryptocurrencies since last two months have experienced wild swings as they slam dunked and rose again. From reaching all-time highs in...

Japan’s corporate regulator to investigate more cryptocurrency exchanges

TOKYO: Japan’s financial regulator will this week launch on-site checks of several cryptocurrency exchange operators potentially vulnerable to cyber-attacks, and may widen...

Faysal bank set to acquire 50 percent stake in Faysal asset management ltd

LAHORE: A bourse notification filed Thursday by Faysal Bank Limited disclosed its plan to acquire 50 percent shares in its associate Faysal...

Brent crude touches 2018 low, as oil prices ease

SINGAPORE: Oil prices eased on Thursday, taking Brent crude to a 2018 low, as soaring U.S. output undermined OPEC’s effort to tighten...

Asian shares mixed, as overnight losses on Wall Street cautions investors

SEOUL: Asian stock markets were mixed Thursday with some benchmarks erasing early morning gains. Investors remained skittish after this week’s financial turmoil...

Market Daily: Benchmark KSE-100 index plummets 415.69 points

LAHORE: Following worldwide declines, Pakistan Stock Exchange (PSX) plummeted on Tuesday as the benchmark KSE-100 index closed 415.69 points in the red...

Byco successfully begins operations at reformer of oil refining complex

LAHORE: A bourse notification filed Tuesday by Byco Petroleum disclosed operations at its reformer of oil refining complex Il (ORC Il) have...

Oil prices tumble 1 percent, as global financial markets turbulent after rout

SINGAPORE: Oil prices dropped by more than 1 percent on Tuesday, extending falls from the previous session as global financial markets tumbled...

KSE-100 index falls 800 points, recoups losses to 437.80 points during intra-day trading

LAHORE: Followed by record losses on Wall Street Monday, KSE-100 index crashed 803 points within the first fifteen minutes of trading on...

Oil prices dip, as US dollar surges

NEW YORK: Oil prices fell on Friday as the dollar surged following strong U.S. jobs numbers, though compliance with output cuts by...

Asian stocks register modest gains

TOKYO: Asian shares eked out modest gains on Thursday, clawing back sharp losses from earlier this week, however, rising U.S. bond yields...

Oil prices remain steady, after OPEC’s strict compliance with supply reduction pact

TOKYO: U.S. oil prices extended modest gains on Thursday as OPEC’s strong compliance with a supply reduction pact offset news that U.S....