PSX isn’t doing well because the regulator is over-regulating: Financial analysts
The key dilemmas facing Pakistan’s equity market — a small investor base, few new listings on the Pakistan Stock Exchange (PSX), and shrinking...
Asian stocks muted as trading remains thin due to Christmas holidays
TOKYO: Shares were mixed in quiet trading Monday in the few Asian markets open during the Christmas holiday.
Japan’s Nikkei 225 index gained...
Cryptocurrencies should only be traded by professional investors, says: Russian Finance Minister
MOSCOW: Russian Finance Minister Anton Siluanov said on Monday that cryptocurrencies should be traded only by professional investors, not in the mainstream.
“Professional...
Crescent Star Foods set to become 1st food chain to get listed on stock exchange
KARACHI: Crescent Star Foods (Pvt) Limited has slowly been plotting its move into the food sector and what was once a general...
Bitcoin is a smoking gun, but wild swings continue
NEW YORK: What’s a bitcoin worth? Lately nobody knows for sure, but after a wild ride on Friday, it’s worth a good...
Bitcoin plummets 30 percent to below $12,000
NEW YORK: Bitcoin plunged by 30 percent to below $12,000 on Friday as investors dumped the cryptocurrency after its sharp rise to...
Future contracts worth Rs1.3 trillion traded on PMEX in 2016-17
ISLAMABAD: During the year, 3.38 million commodity futures contracts with a value of Rs1.3 trillion were traded on Pakistan Mercantile Exchange (PMEX)...
Asian stock markets rise, following modest gains on Wall Street
TOKYO: Share prices edged higher Friday morning in Asia, tracking modest gains on Wall Street. Tokyo’s Nikkei 225 index added 0.1 percent...
Fatima Fertilizer, Fatimafert proposed merger delayed
LAHORE: A bourse filing Friday by Fatima Fertilizer Company Limited revealed its board of directors decided to delay the proposed merger between...
Bitcoin falls 11 percent to below $14,000
TOKYO: Bitcoin fell more than 10 percent to below $14,000 on the Bitstamp exchange on Friday, extending overnight losses.
It was last down...
Regulations impending investments from private equity funds: Experts
KARACHI: A consultative workshop “Pakistan private equity regulatory regime” was held on Thursday by USAID in partnership with Securities and Exchange Commission...
Oil prices remain unchanged, as North Sea pipeline expected to restart operations by January
NEW YORK: Oil prices were little changed on Thursday, erasing earlier losses after the operator of Britain’s Forties pipeline in the North...
Xiaomi set to cross 2017 revenue target, as IPO talks loom
HONG KONG: Chinese smartphone maker Xiaomi Inc has told bankers it would top its annual revenue target by as much as 18...
Jahangir Siddiqui “pre-qualified” to acquire 100pc stake in Quaid-e-Azam Solar Power
LAHORE: A bourse filing Wednesday by Jahangir Siddiqui and Co (Ltd) disclosed it has been pre-qualified by the Punjab Privatization Board (PPB)...
Bitcoin hits one-week low of $15,800
TOKYO: Bitcoin fell more than 10 percent on Wednesday to a one-week low of $15,800 at cryptocurrency exchange Bitstamp, losing almost one-...