Uphill task for incoming govt as trade deficit worsens
KARACHI: It is a great challenge for the incoming government of Pakistan Tehreek-e-Insaaf (PTI) and its expected Finance Minister Asad Umer to...
Investors to keep track on potential inflows from multilateral institutions
LAHORE:Â Experts believe that investors are going to keep a strict check on the economic development of the country with regards to its...
In second CPEC phase, PCJCCI attempts to attract investment at SEZs
LAHORE:Â The Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) is working towards attracting the Chinese business community to invest in 37 Special...
Market Daily: Â KSE-100 rises 192 points to 42,924
LAHORE: The Pakistan Stock Exchange (PSX) witnessed another confused session as the indices were seen oscillating in both directions and the day...
SECP gives its nod to new capital market, insurance and corporate regulations
ISLAMABAD: The SecuÂriÂties and Exchange ComÂmisÂsion Pakistan (SECP) has passed regulations concerning capital market, insurance, and corporate governance and approved the proposed...
Market Daily: Bulls lose ground as KSE-100 sheds 28.27 points
LAHORE:Â It was another roller-coaster ride for investors of the Pakistan Stock Exchange (PSX) as indices traded within a narrow range. The range...
Exchange companies exploit general public with Eid up ahead
During the outgoing week, currency dealers have been earning Rs7 to Rs9 per dollar by buying US currency as low as Rs114-117 per dollar and selling the same at Rs122-123.
China will not accept US trade ‘blackmail’: state media
BEIJING/SINGAPORE: China’s state media said on Saturday the government’s retaliatory tariffs on $60 billion of US goods showed rational restraint and they...
Race tightens for second place after Apple’s $1 trillion valuation
Amazon is now the second-largest publicly-listed U.S. company, with a market capitalization of $889 billion, followed closely by Alphabet and Microsoft, at $856 billion and $830 billion respectively
Dollar steady after jobs data miss; Fed rate hike hopes intact
The dollar index which measures the greenback against a basket of six other major currencies, was about flat on the day at 95.148, after dipping as low as 94.98. The index was up 0.5 percent for the week
Toyota records best quarterly profit in 2.5 years on higher Asia sales
Global retail vehicle sales rose 1 percent to 2.6 million units in the quarter, boosted by an 8.5 percent lift in Asia
Dollar stays firm on U.S.-China trade war worries
The dollar index, which measures the greenback against a basket of six other currencies, hit a fresh two-week high of 95.211
Oil edges lower as supply concerns return
Brent crude futures were down 17 cents, or 0.2 percent at $73.28 a barrel by 0232 GMT, after rising 1.5 percent on Thursday.
Apple CEO calls $1 trillion value a ‘milestone’ but not a focus
With a closing price of $207.39 on Thursday, Apple became the first publicly listed U.S. company to ever reach $1 trillion in market capitalization.
Apple hits $1 trillion stock market valuation
SAN FRANCISCO: Apple became the first $1 trillion publicly listed US company Thursday, crowning a decade-long rise fueled by the ubiquitous iPhone...