How bitcoin’s plunge may have been a precursor to market turmoil
NEW YORK: A volatile area of the market may have been a harbinger of the stock market's worst week in two years.
Fundstrat...
Eight signals to watch that the US stock rout is over
NEW YORK:Â Stock investors on Monday will be seeking to divine if the deepest weekly slide since January 2016 will continue or if...
IMF’s Lagarde says market swings aren’t worrying, but wants reforms
DUBAI: Sharp swings in global financial markets in the past few days are not worrying since economic growth is strong but reforms...
Market Daily: KSE 100 settles 492 points down WoW basis
LAHORE: After a bumpy start to the day, Pakistan Stock Exchange (PSX) managed to stand its ground in the second session. The...
Global oil prices for sixth consecutive day, as US output hit record highs
TOKYO: Oil prices fell for a sixth day on Friday after Iran announced plans to boost production and U.S. crude output hit...
Asian stock markets plunge, after heavy declines on Wall Street
BEIJING: China’s stock market benchmark plunged 5.5 percent on Friday and other Asian markets were off sharply after the Dow Jones industrials...
AGP IPO: Book-building process ends up in strike price of Rs80
LAHORE: The book-building process of the Initial Public Offering (IPO) of AGP Limited, one of Pakistan’s leading pharma companies has resulted in...
Market Daily: KSE-100 index in the red again, declines 416.62 points
LAHORE: Wednesday’s gains on the Pakistan Stock Exchange (PSX) reversed on Thursday, as investors fretted and with sentiments mixed in global markets...
Engro Fertilizer profits dip 2.17 percent, sales decline 9pc for FY 2017
LAHORE: A bourse notification filed Thursday by Engro Fertilizer announced its financial year results for the year ending December 30th, 2017.
The results...
Japan’s corporate regulator to investigate more cryptocurrency exchanges
TOKYO: Japan’s financial regulator will this week launch on-site checks of several cryptocurrency exchange operators potentially vulnerable to cyber-attacks, and may widen...
SECP reverses regulation, independent director’s representation on PSX board unchanged
KARACHI: The corporate regulator, Securities and Exchange Commission of Pakistan (SECP) has reversed its regulation against raising no. of shareholders on Pakistan...
Faysal bank set to acquire 50 percent stake in Faysal asset management ltd
LAHORE: A bourse notification filed Thursday by Faysal Bank Limited disclosed its plan to acquire 50 percent shares in its associate Faysal...
Brent crude touches 2018 low, as oil prices ease
SINGAPORE: Oil prices eased on Thursday, taking Brent crude to a 2018 low, as soaring U.S. output undermined OPEC’s effort to tighten...
Asian shares mixed, as overnight losses on Wall Street cautions investors
SEOUL: Asian stock markets were mixed Thursday with some benchmarks erasing early morning gains. Investors remained skittish after this week’s financial turmoil...
Oil hits one-month low after US inventory build
NEW YORK:Â Oil prices fell to a one-month low on Wednesday, after United States (US) data showed an unexpected build in refined products,...