PSX overcomes early tremors to close in green
Trading volumes improved significantly from 125m in the previous session to 239.5m
KARACHI:Â After early morning bumps, the Pakistan Stock Exchange (PSX) managed...
PSX ends flat amid volatility
KARACHI:Â The Pakistan Stock Exchange (PSX) witnessed another volatile session on Wednesday as the indices, after fluctuating in positive and negative zones, finally...
Sony, Nintendo seen scoring strong third-quarter earnings as console battle reaches next level
At Sony, analysts estimate operating profit grew 10 percent in September-December versus the same period a year prior to $3.55 billion
Fiscal deficit grew 18.62% in first quarter of FY19: SBP
According to the report, this was attributable to a sharp increase in current spending mainly debt servicing and defence, which nullified a marginal gain in the revenue collection
Pound tries to find footing amid Brexit uncertainty, dollar awaits Fed
Sterling staggered up 0.2 percent to $1.3091 after suffering a loss of 0.7 percent overnight as lawmakers rejected a proposal to give parliament a path to prevent a potentially chaotic hard exit
Asian shares advance ahead of Fed meeting, US-China talks
Japan’s Nikkei 225 index retreated 0.5 percent to 20,555.13 while South Korea’s Kospi climbed 0.6 percent to 2,197.50
Oil prices rise on Venezuelan supply concerns following U.S. sanctions
The gains followed a 2-percent price jump in the previous session when markets first digested the U.S. sanctions on Venezuela’s oil exports
Apple opens new chapter amid weakening iPhone demand
The company’s services revenue in the past quarter climbed 19 percent from the prior year to $10.9 billion — more than any other category besides the iPhone
U.S., China face deep trade, IP differences in high-level talks
The two sides will meet next door to the White House in the highest-level talks since U.S. President Donald Trump and Chinese President Xi Jinping agreed a 90-day truce in their trade war in December
FBR launches mechanism for paying duties and taxes online for unregistered mobile phones
However, sellers of mobile phones would be required to pay duties and taxes too and fines for for their registration according to the adjudication mechanism
Economy steering towards stabilization: Hammad Azhar
The State Minister for Revenue said revenue shortfall could not cause a slowdown in the economy
SBP releases first quarterly report on state of economy
'With foreign investments declining on a yearly basis and external borrowing by the private sector remaining subdued, the financial inflows proved...
PSX lands in green amid volatile trading
KARACHI:Â The Pakistan Stock Exchange (PSX) witnessed another volatile trading session on Tuesday. After an initial dip, the indices recovered to end the...
UBL’s New York branch surrenders license, concludes voluntary liquidation
In November, UBL had announced it would voluntarily liquidate and surrender its banking license in New York as per the applicable rules and regulations
Wall Street rattled by Caterpillar, Nvidia warnings
USÂ stocks fell on Monday as weak forecasts from Caterpillar Inc and Nvidia Corp fueled worries about a slowdown in China taking a...