Factory activity in Asia weakens on China slowdown, trade disputes
China’s weakness spilled over to other Asian economies, with Malaysia’s manufacturing activity shrinking to its weakest pace of expansion since it launched the survey in 2012 and Taiwan contracting to its lowest since September 2015
Oil opens 2019 with losses on surging supply, signs of economic slowdown
International Brent crude futures for March were at $53.27 per barrel at 0421 GMT, down 53 cents, or 1 percent, from their final close of 2018
PSX welcomes New Year with 929 points gain
KARACHI:Â The Pakistan Stock Exchange (PSX) welcomed the new year with a bang. The indices rallied as investors went out to hand pick...
Rupee devaluation & balance of payment crisis dominated headlines in 2018
The rupee, capital markets remained under duress in 2018 due to dwindling forex reserves, growing external financing gap, imports, trade deficit, political and economic uncertainty
Dewan Automotive warned of delisting citing failure to meet regulations
The notification said that till December 31st, 2018 DWAE had been unable to make any reasonable progress towards correcting the default and failed to comply with the regulations
China factory activity shrinks for first time in over two years, 2019 looks tougher
In November, industrial output rose the least in nearly three years, while earnings growth at industrial firms fell for the first time in nearly three years
Dollar ends strongest year since 2015 on defensive note
The dollar index, which tracks the greenback versus six peers, was down 0.22 percent on Monday
KSE-100 index declined 3,405 points or 8.4% in 2018
Equities recorded sluggish trading during 2018 as traded volume plateaued by 22% YoY.
Trade progress boosts Wall Street at end of rough year
USÂ stock indexes jumped on Monday in a broad-based rally driven by growth sectors, as signs of progress in the US-China trade dispute...
Bears in control as PSX sheds another 100 points
KARACHI: Failing to close the last trading session of the year positive, the Pakistan Stock Exchange (PSX) was once again taken over...
The rupee is falling. Let it crash
Why letting the currency exchange rate fall may help fix some (but not all) of the structural flaws in the economy
While PSX has a horrible year, one company more than doubled its share price
Avanceon Ltd’s CEO Bakhtiar Wain gears up for even faster expansion as cash flows in
Bearish sentiments prevail at PSX as investors look for positive triggers
KARACHI:Â Bearish sentiments surrounded the bourse once again as trading resumed in the absence of a positive trigger after a holiday on Tuesday....
Oil rises to $51 after steep slide; growth fears weigh
LONDON:Â Oil rose to $51 a barrel on Wednesday on perceptions that a price slide to 2017 lows prompted by economic worries had...
Iran says detains 17 for foreign exchange fraud
Iran intervened in the currency market and threatened speculators as it engineered a dramatic recovery of the rial in recent weeks to ease pressure on its economy