PSX “Top 25 companies” for 2016 announced, Fauji Fertilizer takes the crown
KARACHI: The Acting MD, Haroon Askari, Pakistan Stock Exchange (PSX) on Thursday announced the top twenty-five companies of the year for 2016.
Mr....
Asian stocks higher on back of stronger regional economic data
SEOUL: Asian markets were higher on Thursday in a quiet post-Christmas holiday trading as strong economic data from the region and in...
US stocks maintained a staggering run in 2017
NEW YORK: Taken a look at your stock portfolio lately? It’s a good bet it’s racked up solid gains this year.
Wall Street...
Oil prices steady, as trading activity dries up ahead of new year
SINGAPORE: Oil prices were stable on Thursday with trading activity drying up ahead of the New Year weekend.
Heading into 2018, traders said...
PICIC insurance set to merge into Crescent Star Foods
LAHORE: A bourse notification Tuesday filed by PICIC Insurance revealed the company's board of directors had approved its merger with Crescent Star...
Asian stock markets little changed, as trading remains light post-Christmas
BEIJING: Major Asian stock markets were little-changed Tuesday in light trading after the Christmas holiday.
The Shanghai Composite Index gained less than 1...
Bitcoin rises 10 percent, to trade over $15,000
SINGAPORE: Bitcoin extended its recovery in holiday-thinned trading on Tuesday, rising 10 percent to be up more than a third from last...
Bitterness emerges, as stock brokers lament diminishing role in PSX affairs
Karachi: Pakistan Stock Exchange (PSX) has endured contrasting fortunes in 2017, in what has been a seesaw year for it.
In 2016, PSX...
CPEC projects: FBR stops tax department from freezing bank accounts
KARACHI: Tax department has been stopped by the Federal Board of Revenue (FBR) from freezing bank accounts of companies for non-compliance in...
Iraqi oil minister optimistic about rise in crude prices
BAGHDAD: Iraq’s Oil Minister Jabbar Al-Luaibi on Monday said he was optimistic that crude prices will rise in 2018, with global stockpiles...
PSX isn’t doing well because the regulator is over-regulating: Financial analysts
The key dilemmas facing Pakistan’s equity market — a small investor base, few new listings on the Pakistan Stock Exchange (PSX), and shrinking...
Asian stocks muted as trading remains thin due to Christmas holidays
TOKYO: Shares were mixed in quiet trading Monday in the few Asian markets open during the Christmas holiday.
Japan’s Nikkei 225 index gained...
Cryptocurrencies should only be traded by professional investors, says: Russian Finance Minister
MOSCOW: Russian Finance Minister Anton Siluanov said on Monday that cryptocurrencies should be traded only by professional investors, not in the mainstream.
“Professional...
Crescent Star Foods set to become 1st food chain to get listed on stock exchange
KARACHI: Crescent Star Foods (Pvt) Limited has slowly been plotting its move into the food sector and what was once a general...
Bitcoin is a smoking gun, but wild swings continue
NEW YORK: What’s a bitcoin worth? Lately nobody knows for sure, but after a wild ride on Friday, it’s worth a good...