Asian stock markets dip after weak US jobs data
TOKYO: Asian markets slipped on Monday as weaker-than-expected U.S. jobs figures dented sentiment. Investors were also keeping an eye on President Donald...
Apple’s blazing 4th quarter performance puts it on course for $1 trillion valuation
NEW YORK: Apple Inc’s shares hit a record-high on Friday after the tech giant reported a blowout fourth quarter and shrugged off...
FBR unlikely to make headway in Panama leaks investigation
ISLAMABAD: Data pertaining to more than 400 Pakistani citizens who have packed away their wealth abroad won’t offer any benefits, as the...
Tea worth $137.142mn imported in first quarter
ISLAMABAD: Tea import into the country during the first quarter of the current financial year increased by 2 per cent as compared...
SECP embargoes brokers’ engaging unauthorized agents, freelancers
ISLAMABAD: The Securities and Exchange Commission of Pakistan has put an embargo on stock market brokers disallowing them to work with outsiders...
Indirect tax collection surges to 62pc in July-October
ISLAMABAD: Federal Board of Revenue's (FBR) reliance on indirect tax is increasing day by day as the department has collected 62 per...
Asian shares fall as investors await new Fed leader
TOKYO: Asian stock markets were mostly lower on Thursday as investors awaited President Donald Trump’s announcement on his choice to lead the...
UAE real estate giant Emaar to raise $1.5b from IPO
DUBAI: Emaar Development, a unit of Dubai property firm Emaar Properties, has set an indicative price range for its initial public offering,...
Hope of bail-out package fade for stock market amidst political wrangling
KARACHI: The rumours of an imminent bail-out package for Pakistan Stock Exchange seem to be fading as a government official said no...
NEPRA rejects application of Nishat Energy to establish coal-fired power plant
ISLAMABAD: National Electric Power and Regulatory Authority (NEPRA) has rejected the application of Nishat Energy Limited (NEL) for the grant of generation...
SECP warns life insurance companies to adhere to anti-money laundering directive
ISLAMABAD: The Insurance Division of Securities and Exchange Commission of Pakistan (SECP) carried out a thematic review of the implementation of SRO...
Market Daily: PSX makes a comeback, KSE 100 gains 836.45 points
-- Market bounced twice from 39,500 points
LAHORE: The Pakistan Stock Exchange (PSX) took a huge turn on Wednesday and recovered the losses...
Bitcoin surges to all-time high of $6,450
LONDON: Bitcoin climbed to a new all-time high of $6,450 on Wednesday, boosted by bets the cryptocurrency could enter the financial mainstream...
Brent crude prices touch two-year highs
SINGAPORE: Brent crude oil prices were near two-year highs on Wednesday as OPEC has significantly improved compliance with its pledged supply cuts...
Saudi Arabia could jack-up crude prices in December
RIYADH: Top oil exporter Saudi Arabia will hike December crude prices for customers in Asia to levels last seen in 2013 or...