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 old hammering....
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 the Standard...
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 one point,...
European stock markets, dollar rises in wake of US tax reforms
SINGAPORE:European stocks, the dollar and bond yields climbed on Friday as investors speculated on the return of the “Trumpflation trade”, after the U.S. Senate...
Post-penalty HBL reports hefty loss of Rs14.122 billion for July-September quarter 2017
KARACHI: In a notification sent to the bourse on Friday, Habib Bank Limited announced its quarterly earnings for July-September of financial year 2017-18.
Net markup...
Oil prices inch upwards due to signs of tightening supplies
SINGAPORE: Oil prices edged up on Friday, supported by signs of tightening supply and demand fundamentals, although a warning about excessive China economic optimism...
Asian stock markets rise on investor optimism over global outlook
HONG KONG: Asian shares pushed higher on investor optimism over the global outlook despite uncertainties over the outcome of political events in China and...
Could “Black Monday” comeback to crash global stocks again?
New York: On the 30th anniversary of the 1987 stock market crash, U.S. stocks are at a record high and investors are concerned that...
Oil prices steady as tensions in Middle East continue
Singapore: Oil prices were stable on Thursday, supported by ongoing OPEC-led supply cuts, tensions in the Middle East and lower U.S. production due to...
Asian stock markets lower, as China’s economic growth slows
Tokyo: Asian markets were mixed on Thursday after Wall Street closed at record highs. Data showed that China’s quarterly growth slowed slightly but was...
Market Daily: PSX recovery short lived as gains play a game of hide and seek
--KSE100 closed at 40,724.96 points, barely staying above the 40,000-point barrier
LAHORE: PSX kicked off the day with a stellar performance but started to lose...
China offers to buy 5pc equity stake in Saudi Aramco
Beijing: China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi Arabia the...
Asian shares rise after Wall Street hits new highs
Tokyo: Asian stocks rose Tuesday after Wall Street’s major indexes hit new highs as China prepared to open a key political meeting.
KEEPING SCORE: The...
Oil prices stick to October high as Iraq tensions flare-up
Singapore: Oil prices clung to this month’s high on Tuesday after Iraqi forces seized the oil-rich city of Kirkuk from largely autonomous Kurdish fighters...
Oil prices climb due to Iran sanction threats
Singapore: Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq, while an explosion...
