Samsung reaches settlement over ‘exploding’ washing machines
SEOUL: Samsung Electronics has reached a settlement in a class-action lawsuit over 2.8 million "exploding" washing machines recalled in the US, the...
PSX gains 269 points amid volatile trading
KARACHI: After morning bumps, Pakistan Stock Exchange (PSX) managed to stand its ground to close Tuesday’s session in green. Indices swung in both...
Trade friction, growth worries keep dollar near 2019 highs
The dollar index was steady at 97.04, after advancing 0.45 percent in the previous session, its largest percentage gain since Jan. 24
China says consumption growth likely to slow further this year
Retail sales growth during the just concluded Lunar New Year holidays slipped to its lowest since at least 2011, further evidence consumers remain cautious as the economy hits the brakes
Asian stocks rise after listless Wall Street day
Tokyo’s Nikkei 225 rose 2 percent to 20,745.28 and the Shanghai Composite Exchange added 0.3 percent to 2,661.8
Oil prices rise on OPEC output cuts, as U.S. sanctions bite
Analysts said markets are tightening amid voluntary production cuts led by the Organization of the Petroleum Exporting Countries (OPEC) and because of U.S. sanctions on Venezuela and Iran
PSX fails to sustain gains, plummets 560 points
Commercial banking sector lost 1.82pc from its total market capitalisation following a report regarding change in its outlook
KARACHI:Â Failing to sustain...
U.S.-China trade talks resume next week, focus on intellectual property
A new round of trade talks begins in Beijing on Monday, after the most recent set of negotiations concluded in Washington last week without a deal and with the top U.S. negotiator declaring that a lot more work needed to be done
The giant Chinese companies shaping the world’s industries
China's state-backed CRRC is the world's largest train manufacturer, with annual revenues of $29bn
Chinese smartphone makers are taking a larger...
SMEs urged to get listed with PSX
ISLAMABAD:Â The Islamabad Chamber of Commerce and Industry, in collaboration with the Pakistan Stock Exchange, organised an awareness programme to educate potential investors...
PSX plunges another 445 points as bears take control
KARACHI: Bears continued to dominate the Pakistan Stock Exchange (PSX) for the third successive session, as indices, which started the day in...
Total makes ‘significant’ offshore South Africa gas find
'Potential quantities could be around one billion barrels of global resources, gas and condensate light oil'
CAPE TOWN:Â French energy giant Total announced Thursday...
Twitter profit soars as user base shrinks
The short-messaging platform said it posted a $255m profit in the final three months of 2018, compared with $91m a year...
PSX sheds 172 points amid dull activity
Trading volumes decreased significantly from 205m in the preceding session to 137m
KARACHI:Â The Pakistan Stock Exchange (PSX) witnessed another volatile session on...
World shares go weak as dollar extends power surge
LONDON:Â World shares ground to a halt on Thursday as the dollar scored its longest winning streak since a hot run in early...