Oil prices rise on back of US crude stocks decline
TOKYO: Oil prices rose in early Asian trade on Wednesday as industry data showed a larger-than-expected drawdown in U.S. crude stockpiles.
Brent crude...
Bitcoin surges, as investors hopeful of it breaking $20,000 ceiling
NEW YORK: Virtual currency bitcoin hit another all-time peak on Tuesday, two days after the launch of the first ever bitcoin futures...
Bitcoin rollercoaster ride derails, falling to $16,390
SINGAPORE: Virtual currency bitcoin dipped slightly from the previous session’s record highs on Tuesday, after a month of whirlwind and volatile gains...
Oil prices reach two-year peaks, after North Sea pipeline fault
LONDON: Oil prices jumped to their highest in more than two years on Tuesday after the shutdown of a North Sea pipeline...
Rupee continues depreciation spree for third-day running
KARACHI: The Pakistani rupee fell for a third straight session on Tuesday after the central bank withdrew its support on Friday, effectively...
Dost Steels restructuring talks with Pak Kuwait Investment collapse
LAHORE: A bourse notification on Monday revealed Dost Steels Ltd’s debt restructuring negotiations have broken off with Pak Kuwait Investment Company (PVT)...
Rupee continues downward spiral, falls to Rs108.5 against US dollar
LAHORE: The rupee on Monday morning depreciated further against the US dollar to Rs108.5 in the inter-bank market after closing on Friday...
Bitcoin races to record high of $18,700
SYDNEY: The craze for cryptocurrencies entered a new chapter on Monday as bitcoin futures rocketed by one-fifth of their value at a...
Dawood Lawrencepur to invest Rs280 million in Reon Energy
LAHORE: A bourse notification on Monday revealed Dawood Lawrencepur Limited’s (DLL) Board of Directors have approved investment of Rs280 million by subscription...
Asian stocks up, buoyed by encouraging US employment data
TOKYO: Share prices were higher in Asia on Monday, lifted by encouraging employment data from the U.S. that took the Standard &...
Oil prices slip, as US crude output rises
SINGAPORE: Oil prices fell on Monday, pulled down as the latest rise in the U.S. rig count pointed to a further increase...
Bitcoin futures surge ahead in opening launch, Dollar sustains gains
SYDNEY: Futures in bitcoin, which has taken global financial markets by storm, got off to a volatile start at its launch, while...
Bitcoin volatile ride continues, as futures trading set to commence
NEW YORK: The newest way to bet on bitcoin, the cryptocurrency that has taken Wall Street by storm with its stratospheric price...
Morin’s appointment as PSX CEO arouses envy & worries of foreign takeover
KARACHI: Pakistan Stock Exchange’s newly appointed Canadian chief executive officer, Richard Morin is becoming a source of envy for brokers and investors...
PSX saw three IPOs in 2017, five in pipeline for 2018
LAHORE: As the year end looms, Pakistan Stock Exchange has had its fair share of achievements and heartbreaks, but a Topline Security...