Asian stocks gain after Fed chief hits rate rises may slow
The Shanghai Composite Index rose 0.6 percent to 2,605.27 and Tokyo’s Nikkei 225 advanced 0.9 percent to 22,378.46
Oil strengthens ahead of G20 meeting, but supply rise caps gains
International benchmark Brent crude rose 27 cents, or 0.5 percent, to $59.03 a barrel, having dropped 2.4 percent on Wednesday to $58.76 a barrel
Market Daily: Investors choose to ignore Kartarpur as market dips 189.42 points
Investor participation was mixed on Tuesday as traded volumes declined by 6 per cent to 124 million, while the traded value rose by 1 per cent to $49 million.
Next Capital announces client’s intention to acquire 49.90% stake in Johnson and Phillips
Johnson and Phillips have a market capitalization of Rs343.90 million and counts itself amongst the first foreign company to have opened an office in Pakistan after independence in August 1947
Trade tensions pause stocks rally
LONDON:Â World stock markets fought to keep a rebound alive on Tuesday after US President Donald Trump seemed to quash hopes of a...
PSX upticks 122 points amid lacklustre trading
KARACHI:Â The Pakistan Stock Exchange (PSX) on Tuesday witnessed another dull session where volumes remained flat while indices, after trading in red for...
Safe haven dollar firmer as Trump’s trade comments weigh on sentiment
The dollar index, which measures its value against six major peers, held steady at 97.01, trading near its highest level since Nov. 15
Asia puts brave face on Trump threat, oil subdued
MSCI’s broadest index of Asia-Pacific shares outside Japan dithered either side of flat and was last up 0.2 percent
ExxonMobil set for comeback in Pakistan after nearly three decades: Report
Mr Sayyed in a letter sent to the BoI stated ExxonMobil has been assessing its re-entrance into Pakistan since quite a while and has been assiduously hunting energy-related opportunities for past few years
Emerging market maverick Abraaj gets a lifeline
The past 12 months weren’t great for emerging markets—but it’s been far worse for Dubai-based private equity firm Abraaj Group and its...
Import of gold down by 12.8pc in four months
ISLAMABAD:Â The import of gold in the country during the first four months (July-October) of the current fiscal year witnessed a decrease of...
Dull trading at PSX as investors await economic clarity
Index traded in a narrow band, closing 97 points lower
KARACHI:Â In the absence of a clear path for the future, trading at...
Oil price slump is part of broader Asian pullback
But bulging debt across many Asian economies, tightening U.S. fiscal policy and the Sino-U.S. trade war have driven investors to vote with their feet, pulling their money out of assets such as oil or Asian stocks and instead turning to safe-havens like the U.S. dollar
With eye on local debt, China vows to bolster watch over ‘specialty towns’
The state planner, in a meeting on Friday, urged various ministries involved - including the land ministry and the housing ministry - to improve the quality of specialty town projects
Nissan says CEO did not mention need to review alliance equity structure
TOKYO: Nissan Motor Co said Chief Executive Officer Hiroto Saikawa did not mention a need to review the automaker’s equity partnership with...