PSX witnesses bearish trends as IMF talks remain inconclusive
The KSE-100 index closed on Friday at 40,869 points, a decrease of 1.9% since the previous week. Market capitalisation decreased from $61.46...
PSX ends flat amid lack of volumes
Market slowed down significantly after reports of attack on Chinese Consulate
KARACHI: Failing to recover losses, the Pakistan Stock Exchange (PSX) ended...
Asian LNG prices dragged down by oil slide, heavy supply
Spot prices for January delivery in North Asia were estimated at $10 per million British thermal units (mmBtu), 90 cents lower than last week, according to traders
Euro, sterling steady as traders look to Brexit progress
The dollar has lost ground for two consecutive trading sessions and is drifting lower from a 16-month high of 97.69 hit earlier this month
U.S. asks allies to shun Huawei equipment, WSJ reports; sector stocks fall
The move would further pile pressure on the world’s biggest telecom gear maker, which is under scrutiny from Western intelligence agencies for its perceived ties to China’s government and the possibility its equipment could be used for espionage
Asian stocks fall on risks, while US closes for Thanksgiving
South Korea’s Kospi shed 0.7 percent to 2,055.30. Hong Kong’s Hang Seng index dropped 0.7 percent to 25,845.78 and the Shanghai Composite gave up 1.4 percent to 2,608.32
China wants trade talks with United States to be equal, mutually beneficial
Washington wants Beijing to improve market access and intellectual property protections for U.S. firms, cut industrial subsidies and slash a $375-billion trade gap
Oil hits 2018 lows on emerging supply glut
International benchmark Brent crude oil futures hit their lowest since December 2017 at $61.52 per barrel, before recovering to $62.10 by 0430 GMT
FBR seeks cabinet approval to tax illegal mobile phones
As per the envisaged plan, the FBR has determined a plan to levy a tax on all those smuggled phones which are presently inactive and are stocked in shops as unsold
PSX falls 545 points amid triggerless trading, economic uncertainty
KARACHI:Â It was a tough day for the investors at the Pakistan Stock Exchange (PSX) where bears dominated the trading screens, indices bled...
UBL to voluntarily wind-up its branch in New York
In July, UBL had been directed by Federal Reserve Bank of New York (FRBNY) to strengthen its anti-money laundering policies as the regulator criticized it for not doing enough to track dubious transactions
Safe-haven dollar dips as risk appetite improves, euro strengthens
The dollar index, a measure of its value versus six major peers, eased 0.1 percent to 96.62 on Thursday
Asian stocks fall on fears of softening US economic growth
Japan’s benchmark Nikkei 225 was less than 0.1 percent lower at 21,504.00 and South Korea’s Kospi dropped 0.2 percent to 2,071.94 in narrow trading
Oil dips on swelling U.S. stocks, but expected OPEC supply cut stems losses
Front-month Brent crude oil futures were at $63.28 per barrel, down 20 cents, or 0.3 percent, from their last close
PSX ends slightly higher in thin trade
KARACHI:Â Investors at the Pakistan Stock Exchange (PSX) witnessed another jittery session on Tuesday, as indices swung both ways owing to a lack...