Sony revitalises smartphone franchise with movie-style screens

BARCELONA: Japan's Sony, which has fallen way behind its South Korean and Chinese rivals in the smartphone sales race, aims to capitalize...

NBP posts highest-ever revenue of Rs97bn

KARACHI: The meeting of the Board of Directors (BoD) of National Bank of Pakistan (NBP) was held on Friday at the bank’s head...

Indonesia formally grants immediate market access for 20 Pakistani products

ISLAMABAD: Indonesia has issued a formal notification for the correction of Indonesia-Pakistan Preferential Trade Agreement (IP-PTA) by offering immediate market access for 20...

Stock market ends lower amid lacklustre trading

KARACHI: The investors of Pakistan Stock Exchange (PSX) witnessed another bumpy session on Friday, as the indices kept oscillating in both directions before...

German business confidence drops for 6th straight month

The Ifo institute said its monthly index declined to 98.5 points from 99.3 in January, sinking to its lowest level since December 2014

Asia’s surging fuel exports depress refining industry profits

Since 2006, the Asia-Pacific has been the world’s biggest oil consuming region, led by traditional industrial users South Korea and Japan along with rising economic powerhouses China and India

Dollar retains gains, Aussie finds footing after slide

The dollar index against a basket of six major currencies was little changed at 96.608 after edging up about 0.15 percent overnight when long-term Treasury yields surged to a one-week high on news of progress in U.S.-China trade talks

Asian shares mostly lower as investors watch trade talks

Japan’s benchmark Nikkei 225 slipped 0.5 percent to 21,368.54 in morning trading and Australia’s S&P/ASX 200 gained 0.5 percent to 6,170.30

Oil prices fall as U.S. crude output hits record 12 million bpd

International Brent crude futures were at $66.87 per barrel at 0326 GMT, down 20 cents, or 0.3 percent, from their last close

Stock market sheds 208 points amid bearish sentiments

Power generation and distribution sector lost 2.29pc from its cumulative market capitalisation following the announcement of power tariff increase  KARACHI: The Pakistan Stock...

MCB reports Rs21.36bn profit after tax

LAHORE: The Board of Directors of MCB Bank Limited met under the Chairmanship of Mian Mohammad Mansha on Wednesday to review the performance...

Govt to launch Rs100,000 prize bonds: reports

The government has decided to launch prize bonds of Rs100,000 denomination by March, according to media reports. The investors would get 12.5 per...

Stock market ends 322 points higher, breaks three-day losing streak

KARACHI: The Pakistan Stock Exchange (PSX) ended its three-day losing streak on Wednesday, as indices that traded in the red zone in the...

Asian shares mixed following advance on Wall Street

The Nikkei 225 index rose 0.6 percent to 21,431.49 despite news that Japan’s exports sank 8.4 percent in January from a year earlier, far more than forecast

Oil slips away from 2019 highs as surging US supply undermines OPEC cuts

OPEC-member and top crude exporter Saudi Arabia is expected to reduce shipments of light crude oil to Asia in March as part of the effort to tighten markets