Wall Street dips at open after Trump’s speech
US stocks opened slightly lower on Wednesday as investors evaluated developments around US-China trade talks and President Donald Trump's State of the...
PSX sheds 108 points amid volatility
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) embarked on a roller-coaster ride on Wednesday, as the indices, after oscillating in both directions,...
Toyota cuts full-year profit forecast, warns over Brexit
TOKYO: Japanese car giant Toyota slashed its full-year net profit forecast on Wednesday after saying its nine-month figure had tumbled nearly 30pc...
Mongolia Yili given ninety-day extension to make public offer for 51% voting shares in Fauji Food
At the end of July, Inner Mongolia Yili Industrial Group Co had submitted an investment intention letter to acquire a 51 percent majority stake in Fauji Foods
Ghandhara Nissan working on procurement of plant & machinery for automobile plant
During the financial year 2017-18, the company issued right shares to partially finance the investment for the revival of car assembly facility and allied activities for Datsun passenger car project
RCom shares plunge in latest twist between battling Ambani brothers
MUMBAI:Â Shares in India's Reliance Communications plunged on Tuesday as the debt-laden company pursues bankruptcy following a brutal telecoms price war that pitched...
Wall Street rises at open, lifted by upbeat earnings
US stocks opened higher on Tuesday, led by consumer discretionary and technology stocks following upbeat earnings, while investors wait for President Donald Trump’s...
UK economy flat-lines as Brexit nears, firms cut jobs: PMI
Sterling slipped to near two-week lows against the dollar after a leading gauge of the world’s fifth-biggest economy, the IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI), fell to 50.1 in January from 51.2 in December
Kuwait sees risk of oil supply shortage in 2019 due to Venezuela
Hashem said OPEC+ actions should help re-balance the oil markets this year but he also warned of the impact of underinvestment in the oil industry which could cause a supply crunch by 2025
Slack makes confidential filing for IPO
The number of paying customers using Slack has risen by more than 50 percent over the past five years to over 85,000, Slack Technologies Inc had said in a blog post
Oil prices edge up as market eyes tighter supply
International Brent crude oil futures were at $62.72 a barrel, also up 21 cents or 0.4 percent, after closing down 0.4 percent in the previous session
Asia shares lower, most markets closed for Lunar New Year
Japan’s Nikkei 225 was flat at 20,880.53 and India’s Sensex edged down less than 0.1 percent to 36,566.21
Dollar steady, Aussie reverses losses after RBA holds rates
The dollar index, which measures the greenback against a basket of six key rivals, was barely changed at 95.846 after gaining for three straight sessions
U.S. trade agency sees negotiating new WTO rules to rein in China as futile
The report also reflects the United States’ continued frustration with the WTO’s inability to curb what it sees as China’s trade-distorting non-market economic policies and offered little hope that situation could change soon
PSX gains 501 points amid bullish trading
Cement sector manages to add 4.58pc in its cumulative market capitalisation
KARACHI:Â Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on the...