D.G Khan Cement rebuts fake acquisition notification
LAHORE:Â D.G Khan Cement on Thursday rebutted a notification circulating which claimed a Chinese cement company expressed interest in acquiring 40 percent stake...
Rupee’s decline, won’t spike foreign investors interest in PSX
LAHORE: State Bank of Pakistan’s decision on Friday to devalue the rupee won’t be enough to prop up the ailing stock market...
Proposed tariff regime hasn’t eroded stock prices of SNGPL, SSGC, says: OGRA
ISLAMABAD: The proposed tariff regime for natural gas sector hasn’t eroded share prices of state-owned gas utilities Sui Northern Gas Pipelines (SNGPL)...
Asian stock markets mixed, amidst overnight gains on Wall Street
BEIJING: Asian stocks were mixed Wednesday following overnight gains on Wall Street as investors looked ahead to a likely U.S. interest rate...
Oil prices rise on back of US crude stocks decline
TOKYO: Oil prices rose in early Asian trade on Wednesday as industry data showed a larger-than-expected drawdown in U.S. crude stockpiles.
Brent crude...
Bitcoin surges, as investors hopeful of it breaking $20,000 ceiling
NEW YORK: Virtual currency bitcoin hit another all-time peak on Tuesday, two days after the launch of the first ever bitcoin futures...
Bitcoin rollercoaster ride derails, falling to $16,390
SINGAPORE: Virtual currency bitcoin dipped slightly from the previous session’s record highs on Tuesday, after a month of whirlwind and volatile gains...
Oil prices reach two-year peaks, after North Sea pipeline fault
LONDON: Oil prices jumped to their highest in more than two years on Tuesday after the shutdown of a North Sea pipeline...
Bitcoin races to record high of $18,700
SYDNEY: The craze for cryptocurrencies entered a new chapter on Monday as bitcoin futures rocketed by one-fifth of their value at a...
Asian stocks up, buoyed by encouraging US employment data
TOKYO: Share prices were higher in Asia on Monday, lifted by encouraging employment data from the U.S. that took the Standard &...
Oil prices slip, as US crude output rises
SINGAPORE: Oil prices fell on Monday, pulled down as the latest rise in the U.S. rig count pointed to a further increase...
Bitcoin futures surge ahead in opening launch, Dollar sustains gains
SYDNEY: Futures in bitcoin, which has taken global financial markets by storm, got off to a volatile start at its launch, while...
Bitcoin volatile ride continues, as futures trading set to commence
NEW YORK: The newest way to bet on bitcoin, the cryptocurrency that has taken Wall Street by storm with its stratospheric price...
Morin’s appointment as PSX CEO arouses envy & worries of foreign takeover
KARACHI: Pakistan Stock Exchange’s newly appointed Canadian chief executive officer, Richard Morin is becoming a source of envy for brokers and investors...
Dollar normalizes, after increasing to Rs108.50 in inter-bank market
KARACHI:Â The US dollar attained a sense of normalcy after rising more than three rupees in the inter-bank market earlier on Friday.
The US...