Philippine’s One Dex Cel Pharma shows intent to acquire 65pc equity stake in Haydery Construction
Karachi: In a notification sent to the bourse on Friday by Topline Securities announced the intention of Philippines based One Dex Cel...
SBP directs money changers to ensure 1pc reduction in open-market rate of dollar
Karachi: State Bank of Pakistan on Thursday held a meeting at its headquarters with money changers and directed them bring to reduce...
Oil prices fall slightly as US fuel inventories rise
Singapore: Oil prices eased on Thursday as U.S. fuel inventories rose despite efforts by OPEC to cut production and tighten the market.
U.S....
Asian shares consolidate gains, as Chinese investors hold back
Tokyo: Asian shares were mostly higher Thursday, taking their cue from the latest record highs on Wall Street. Chinese investors are holding...
ECAP says rising US dollar rate in open market swaying people towards hawala and hundi
Karachi: Exchange Companies Association of Pakistan (ECAP) reported a disparity between the dollar rate on Wednesday which was Rs107.30-60 in open market...
Global oil prices inch upwards for third straight day, as 2018 outlook looks unpredictable
Singapore: Oil prices edged up on Wednesday, rising for a third day, on signs that markets are gradually tightening after years of...
Asian shares touch their highest in a decade
Tokyo: Asian shares jumped to the highest in a decade on Wednesday as Wall Street scaled all-time highs, while the dollar loitered...
Onecoin: Cryptocurrency for the gullible
Our society seems to be fascinated with credulity and self-delusion. I first noticed this back in 2013, when “Engineer” Agha Waqar came...
Asian shares rise on back of strong Wall Street performance last week
Beijing: Most Asian markets rose Monday following a strong week on Wall Street as Chinese trading resumed after a holiday.
KEEPING SCORE: The...
Oil prices inch upwards on news of Saudi restraining its output
Singapore: Oil prices edged up on Monday, after a 2 percent slide on Friday, on expectations that Saudi Arabia would continue to...
Sept end results may offer PSX much needed support
LAHORE: September-end results starting from Monday may offer some support to Pakistan Stock Exchange (PSX) next week, possibly to get investors’ attention...
Citibank pondering establishing cash equities business in China
London: Citigroup Inc is considering setting up an onshore cash equities business in China and expanding research coverage of Chinese stocks, to...
Habib Metro Modaraba gets listed on stock exchange after PSX approval
Karachi: Habib Metro Modaraba’s application has been accepted by Pakistan Stock Exchange (PSX) on Thursday and now it is set to get...
Oil prices remain steady on back of record US crude oil exports
Singapore: Oil prices were stable on Thursday on expectations that Saudi Arabia and Russia would extend production cuts, although record U.S. exports...
Asian stocks inch up slightly after strong US data
Tokyo: Asian shares were a tad firmer on Thursday, taking their cues from strong U.S. data although holiday-thinned trade and uncertainty about...