Asian stock markets higher following strong Wall Street performance
TOKYO: Shares in Asia posted strong gains early Friday, tracking the upbeat session overnight on Wall Street. Japan’s Nikkei 225 index jumped...
Oil prices hover near $60 as Saudi Arabia backs extension of output cuts
SEOUL: Oil prices held steady on Friday, with Brent crude hovering near $60 a barrel, buoyed by comments from Saudi Arabia’s Crown...
Haroon Askari to continue as PSX CEO till end of November
KARACHI: Pakistan Stock Exchange has notified that Mr. Haroon Askari will continue to vest his duties as CEO of stock exchange till...
Pakistan Petroleum Limited settles court case with AROL
KARACHI: In a notification sent to the bourse on Friday, Pakistan Petroleum Limited (PPL) announced a settlement of a court case with...
GSKCH reports profits increase of 9.40pc for third quarter
KARACHI: In a notification sent to the bourse on Friday, GlaxoSmithKline Pakistan (GSKCH) announced its earnings for the third quarter of 2017.
Sales...
Engro Corporation posts 33pc rise in profits for third-quarter
KARACHI: Engro Corporation on Thursday announced its third-quarter results showcasing a strong overall performance in its businesses.
“Profitability was augmented by the steady...
Oil prices slightly down as US oil exports rose last week
TOKYO: Oil prices inched lower on Thursday, pressured by an unexpected increase in U.S. crude inventories and as oil output and exports...
Asian shares fall, ECB meeting results awaited
TOKYO: Asian shares were drifting Thursday as Wall Street’s retreat from recent record highs and a widely awaited European Central Bank meeting...
MCB announces demerger of 90 branches, amalgamation into MIB
LAHORE: In a notification sent to the bourse on Wednesday, Muslim Commercial Bank (MCB) announced the demerger of ninety of its branches...
Oil prices near four-week highs, as Saudi Arabia seeks to end supply glut
TOKYO: Oil prices were largely steady on Wednesday, hovering near a four-week high hit a day earlier after top exporter Saudi Arabia...
Asian stock markets inch up as corporate earnings reports loom
TOKYO: Asian shares edged higher on Wednesday with scant leads from news headlines to move the markets. Investors are eyeing upcoming corporate...
Foreign investors have bought $54m of Pakistani stocks since September
LAHORE: Pakistan Stock Exchange (PSX) is again beginning to look as an attractive and cheap destination for foreign funds, as $54m Pakistani...
Gaslight at the end of PSX tunnel
The week ending on October 14 had been precarious for the PSX and investors as political tensions gave the market a good...
US stocks cap week on positive note
NEW YORK: Wall Street capped a week with no shortage of milestones with a few more Friday.
U.S. stocks closed modestly higher, lifting...
Bitcoin surges past $6,000 barrier to settle at $5,964.24
NEW YORK: Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at...