World stocks stumble as US yields near 3pc
LONDON: World stocks slipped on Monday as investors braced for a blizzard of earnings from the world’s largest firms, while keeping a...
ZTE market valuation cut by Chinese fund managers after US ban
BEIJING: Chinese funds have slashed valuations of ZTE Corp after the United States banned American companies from selling components to the telecoms...
Asian stocks slip due to high yields, as oil prices remain high
SYDNEY: Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world’s largest corporations while keeping a...
Companies seeking listing on PSX have declined in last year: Report
KARACHI: Entities jostling for a potential initial public offering (IPO) on the Pakistan Stock Exchange have fallen in the last one year,...
Oil prices dip on increasing U.S rig count
SINGAPORE: Oil prices dipped early on Monday as a rising U.S. rig count pointed to further increases in the country’s output, underlining...
Abraaj Group rattled as investors seek clarity on investments
According to sources close to the case, the Dubai-based ‘Abraaj Group’ is stalling the sale of its North African hospitals business as...
Budget is being prepared to trap next government in financial difficulties: expertsÂ
ISLAMABAD: As the government is likely to announce increased PSDP, salaries, subsidies and other incentives in the next budget despite the double...
Oil prices stabilize, after Trump’s tweet criticizing OPEC
NEW YORK: Oil prices edged up on Friday, stabilizing after an earlier slide driven by U.S. President Donald Trump’s criticism of OPEC’s...
Market Daily: KSE 100 down 812.52 points WoW basis
LAHORE: The KSE 100 index continued its northbound move during early trading as inertia from the previous session kept bulls in control...
Pakistan among top 5 countries in infrastructure investment worldwide
ISLAMABAD: Pakistan has become one of top five countries across the globe in Private Infrastructure Investment (PPI) during the year 2017 as...
Market Daily: KSE 100 continues southbound, drops 90.86pts
LAHORE:Â Taking its inspiration from the previous session, the 100 Index on Thursday, continued its southbound journey, falling 90.86 points to 45387.77, as...
P&G to buy Merck’s consumer health unit for $4.2 billion
OHIO: Procter & Gamble (P&G) has agreed to acquire Merck KGaA’s consumer health unit for 3.4 billion euros ($4.2 billion), giving it...
Karachi outages force Amreli Steel to cut production of rebars by 40 percent
LAHORE: Amreli Steels in a notification sent to the bourse Tuesday informed it was cutting down its production of rebars by 40...
Asian stock markets rise on improved optimism about the world economy
HONG KONG: Asian shares rose, and oil prices touched fresh multi-year highs on Thursday as improving optimism about the global economy helped...
Oil prices touch end-2014 highs, as Saudi backs higher prices
SINGAPORE: Oil prices rose on Thursday to their highest since the end of 2014 as U.S. crude inventories declined and as top...