Trade war impact deepens across Asia, but ‘real economic shock’ yet to hit
In sign conditions for exporters and factories were deteriorating, manufacturing surveys showed marginal growth in China, a slowdown in South Korea and Indonesia and a contraction in activity in Malaysia and Taiwan
Kuwait bourse seeks to create VC platform to finance startups
As Kuwait’s startup sector grows, the need for funds from these companies to fuel growth has been financed by venture capitalists and larger international groups in the same sector they operate in
Asia starts November up on strong Wall Street after brutal October
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.9 percent, adding to modest gains the previous day, though this came after a brutal October month
Oil prices fall on signs of rising supplies, ebbing confidence on global economy
Thursday’s drops came after U.S. Energy Information Administration data showed crude oil inventories climbed for a sixth straight week
Pakistan jumps 11 places to 136th in WB ease of doing business index 2019
Pakistan has improved business climate for SMEs
PSX manages to close in green despite countrywide protests
KARACHI: Despite taking several dips following the Supreme Court’s judgement, the Pakistan Stock Exchange managed to close the session on Wednesday in green...
Euro zone bond yields nudge up, flash inflation looms
French consumer prices rose 2.5 percent in October, just shy of the highest inflation level since March 2012, data on Wednesday showed
Dollar at 16-month peak, yen weakens as BOJ in no hurry to exit stimulus
The dollar index, a gauge of its value versus six major peers, climbed to a fresh 16-month high to hit 97.06
Oil prices rise for first time in three days, but trade war drags
Both crude benchmarks have fallen about $10 a barrel from four-year highs reached in the first week of October and are on track to post their worst monthly performance since July 2016
China factory growth weakest in over two years, slump in export orders deepens
The official PMI - which gives global investors their first look at business conditions in China at the start of the last quarter of the year - fell to 50.2 in October, the lowest since July 2016 and down from 50.8 in September
PSX gains 155 points amid volatile trading
Indices swayed violently in both directions all day long
KARACHI: After putting up a confused show on Tuesday, the Pakistan Stock Exchange...
Apple expected to unveil iPads with facial recognition
Apple Inc on Tuesday is expected to unveil updates to its Mac computers and iPads that include facial recognition features that have...
Asad Umar defends move to approach friendly countries, IMF for financial assistance
Mr Umar rebuffed the impression that the government’s vacillation on the IMF programme had spawned the stock market crash and told the house that the KSE-100 benchmark index had nosedived by 15,000 points even when the previous PML-N administration was in power
Asian stocks rally as weaker yuan eases fear of more tariffs
Japan’s Nikkei 225 index jumped 1.4 percent to 21,434.38 after official data showed that its unemployment rate eased to 2.3 percent in September, from 2.4 percent a month earlier
Dollar holds firms, yuan at 10-year low on fresh Sino-U.S. trade anxiety
The dollar index, a gauge of the currency’s strength against six major peers, traded at 96.66, up 0.1 percent on Tuesday