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...
Bitcoin plummets 30 percent to below $12,000
NEW YORK: Bitcoin plunged by 30 percent to below $12,000 on Friday as investors dumped the cryptocurrency after its sharp rise to...
Future contracts worth Rs1.3 trillion traded on PMEX in 2016-17
ISLAMABAD: During the year, 3.38 million commodity futures contracts with a value of Rs1.3 trillion were traded on Pakistan Mercantile Exchange (PMEX)...
Asian stock markets rise, following modest gains on Wall Street
TOKYO: Share prices edged higher Friday morning in Asia, tracking modest gains on Wall Street. Tokyo’s Nikkei 225 index added 0.1 percent...
Fatima Fertilizer, Fatimafert proposed merger delayed
LAHORE: A bourse filing Friday by Fatima Fertilizer Company Limited revealed its board of directors decided to delay the proposed merger between...
Bitcoin falls 11 percent to below $14,000
TOKYO: Bitcoin fell more than 10 percent to below $14,000 on the Bitstamp exchange on Friday, extending overnight losses.
It was last down...
Regulations impending investments from private equity funds: Experts
KARACHI: A consultative workshop “Pakistan private equity regulatory regime” was held on Thursday by USAID in partnership with Securities and Exchange Commission...
Oil prices remain unchanged, as North Sea pipeline expected to restart operations by January
NEW YORK: Oil prices were little changed on Thursday, erasing earlier losses after the operator of Britain’s Forties pipeline in the North...
Xiaomi set to cross 2017 revenue target, as IPO talks loom
HONG KONG: Chinese smartphone maker Xiaomi Inc has told bankers it would top its annual revenue target by as much as 18...
Another complete shutter down observed against imposition of taxes in GB
ISLAMABAD: As the government has failed to resolve the issue of imposition of taxes in Gilgit Baltistan without giving the region constitutional...
Jahangir Siddiqui “pre-qualified” to acquire 100pc stake in Quaid-e-Azam Solar Power
LAHORE: A bourse filing Wednesday by Jahangir Siddiqui and Co (Ltd) disclosed it has been pre-qualified by the Punjab Privatization Board (PPB)...
Bitcoin hits one-week low of $15,800
TOKYO: Bitcoin fell more than 10 percent on Wednesday to a one-week low of $15,800 at cryptocurrency exchange Bitstamp, losing almost one-...
Asian stocks mixed, after falls on Wall Street
TOKYO: Asian shares were mixed Wednesday in listless trading after the fall on Wall Street that reversed the recent gains over the...
Oil prices touch $64 a barrel, as North Sea pipeline issues continue
NEW YORK: Oil edged up toward $64 a barrel on Tuesday, helped by a North Sea pipeline outage, OPEC-led supply cuts and...
Bitcoin’s warnings becoming profound, as regulators warn of risks
LONDON/SINGAPORE: Global financial regulators are beginning to warn the public against the risks of investing in a market that many feel is...