Wall Street drops as chipmakers fan corporate growth fears
Benchmark S&P 500 is on a six-day losing streak and has fallen in 14 of the 18 trading days this month
US...
PSX reacts to Saudi aid, index gains 1,556 points
'Pakistan might get a $6-7 billion financial package from IMF in the wake of Saudi deal'
KARACHI: Bulls of the Pakistan Stock...
MCB Bank posts Rs14.31bn PAT in nine months
The MCB Bank Limited board of directors met under the Chairmanship of Mian Mohammad Mansha on Wednesday to review the bank’s performance...
Asian stocks edge up on China stimulus hopes, oil near two-month lows
MSCI’s broadest index of Asia-Pacific shares outside Japan was last up 0.2 percent following a decline of more than 2 percent in the previous session
Rupee sharply regains Rs1.92 against greenback in inter-bank market
The rupee has been depreciated five times against the greenback since December 2017, which has seen the local currency losing a cumulative 27% of its value against the greenback
Oil edges back from big slump as Iran sanctions return to focus
Front-month Brent crude oil futures were at $76.72 a barrel at 0320 GMT, 28 cents, or 0.4 percent, above their last close
BoK declares Rs927mn PAT for third quarter
PESHAWAR: A meeting of the Bank of Khyber's (BoK) Board of Directors was held at Islamabad to approve the quarterly results for...
‘Govt’s economic measures reviving business confidence at stock market’
PSX chairman says best companies of the world achieved operational excellence that gave them an edge over traditional corporations
KARACHI: Fresh economic measures...
Stocks tumble as index plunges 630 points
KARACHI: Pessimism surrounded the Pakistan Stock Exchange (PSX) on Tuesday where the indices were seen dripping lower and lower.
On the economic front,...
Pak Suzuki posts Rs95mn profit after tax for 3Q2018
Margin compression and higher taxation resulted in lower earnings
Pak Suzuki (PSMC) reported its results for the third quarter of the current...
PSX drops 84 points amid volatility
KARACHI: The Pakistan Stock Exchange (PSX) opened the first day of the week on a positive note, following the finance minister’s visit to...
Saudi Arabia has ‘no intention’ of 1973 oil embargo replay: TASS
Several U.S. lawmakers have suggested imposing sanctions on Saudi Arabia in recent days while the kingdom, the world’s largest oil exporter, has pledged to retaliate to any sanctions with “bigger measures”
Asia petrol buckles under supplies; crack at over two-year low
Petrol margins against Brent crude fell 63 percent from the start of the month to $3.04 a barrel on Thursday, the lowest since Aug. 1, 2016, before recovering to $3.55 a barrel on Friday
Naya Pakistan Housing: pipe dream or bold vision?
Experts weigh in on the feasibility of the government’s target of building 5 million homes in the country over the next five years
Eighteen: How an Egyptian company is building a new $2 billion Islamabad suburb
Orascom’s real estate arm believes there is a large enough market for Pakistanis who want to live the suburban life around the nation’s capital