Stocks European stocks drop after French election LONDON: European stocks fell on Monday as investors digested a left-wing alliance win in French snap polls in which... Published 08 Jul, 2024 09:34pm
Stocks London stocks subdued as non-life insurers offset resource sector slide London stocks began the week on a muted note, with resource shares edging lower and investors awaiting fresh... Published 08 Jul, 2024 09:29pm
Stocks S&P 500, Nasdaq notch record highs with inflation data, earnings in focus The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as... Published 08 Jul, 2024 08:26pm
Stocks Most Gulf markets gain on US rate cut hopes Most stock markets in the Gulf ended higher on Monday as investors grew more optimistic about a September U.S. rate... Published 08 Jul, 2024 07:12pm
Companies Meri Gari: Pakistan’s ‘best app’ for road freight In Pakistan, the road freight industry is being transformed by Meri Gari, a tech-driven and service-led trucking... Published 08 Jul, 2024 06:35pm
Stocks Despite disrupted session, KSE-100 settles at new record high Fire caused market suspension for over two hours, resulting in lower volumes Updated 08 Jul, 2024 09:42pm
Stocks Indian shares flat as consumer stocks offset drop in Titan, banks BENGALURU: Indian benchmarks closed little changed on Monday as a slide in jeweler Titan and the Bank of Baroda-led... Published 08 Jul, 2024 05:20pm
Stocks Sri Lankan shares fall as financial, communication stocks dip CSE All-Share index fell nearly 0.9% to 11,841.86 Published 08 Jul, 2024 05:15pm
Commodities Copper steady as weak dollar counters sluggish demand in China LONDON: Copper prices were steady on Monday as the market balanced a weaker dollar against persisting weak demand... Published 08 Jul, 2024 05:10pm
Stocks Building housing brokerage houses suffers ‘limited damage’, says PSX after fire incident = Updated 08 Jul, 2024 06:15pm
Stocks PSX chief Farrukh H. Khan set to join Jazz as CFO Farrukh H Khan, who resigned from his positions of CEO and Managing Director of Pakistan Stock Exchange (PSX), is... Updated 08 Jul, 2024 06:26pm
Stocks Most Gulf markets ease on falling oil prices Most stock markets in the Gulf were subdued in early trade on Monday after a decline in oil prices, although the... Published 08 Jul, 2024 03:15pm
Energy OGDC revitalises oil producing Kunnar-11 well in Sindh Oil and Gas Development Company Limited (OGDCL) has successfully revitalised production from Kunnar-11 well located... Updated 08 Jul, 2024 09:56pm
Forex Ugandan shilling weakens on increased FX demand from banks, importers KAMPALA: The Ugandan shilling weakened on Monday due to increased demand for dollars from commercial banks and... Published 08 Jul, 2024 02:46pm
Bullion Rate Gold price per tola decreases Rs1,300 in Pakistan After increasing in the previous four trading sessions, gold prices in Pakistan registered losses on Monday in line... Updated 08 Jul, 2024 06:33pm
Stocks European shares dip as France faces hung Parliament European shares slipped on Monday as France was set for a hung parliament with a leftist alliance unexpectedly... Published 08 Jul, 2024 01:08pm
Commodities Jordan tenders to buy up to 120,000 metric tons feed barley, traders say HAMBURG: Jordan’s state grains buyer has issued an international tender to purchase up to 120,000 metric tons of... Published 08 Jul, 2024 01:06pm
Forex South African rand slightly weaker on stronger dollar JOHANNESBURG: The South African rand was slightly weaker in early trade on Monday, as the dollar recovered after... Published 08 Jul, 2024 01:04pm
Mutual Funds JGB yields rise as fast-paced wage increase drives BOJ’s rate hike bets TOKYO: Japanese government bond yields rose on Monday as data for a fast-paced wage increase drove bets for another... Published 08 Jul, 2024 01:03pm
Stocks Miners drag Australian shares lower on weaker iron ore prices Australian shares started the week lower on Monday, as miners weighed on the benchmark index due to falling iron ore... Published 08 Jul, 2024 11:48am
Commodities Wheat gives back some gains as US dollar steadies CANBERRA: Chicago wheat futures fell on Monday as the US dollar rose, reversing the dynamic of last week when a... Published 08 Jul, 2024 11:26am
Forex Rupee sees marginal decline against US dollar Currency settles at 278.50 against the greenback in inter-bank market Updated 08 Jul, 2024 08:47pm
Commodities Copper supported by Fed rate cut expectations, demand outlook BEIJING: Copper prices inched higher on Monday, supported by rising expectations of US interest rate cuts and an... Published 08 Jul, 2024 11:21am
Energy Malaysia’s Petronas adds three new LNG vessels ahead of LNG Canada start-up KUALA LUMPUR: Malaysian state energy firm Petroliam Nasional Berhad (Petronas) on Monday said it would add three... Published 08 Jul, 2024 11:17am
Energy China’s CNPC, Samruk-Kazyna to build wind power plant in Kazakhstan BEIJING: China National Petroleum Corporation (CNPC) and Kazakh state welfare fund Samruk-Kazyna inked a deal for... Published 08 Jul, 2024 11:09am
Forex China’s yuan holds steady as PBOC plans to start new liquidity operations SHANGHAI: China’s yuan held steady against the dollar on Monday as the central bank’s latest move to take more... Published 08 Jul, 2024 10:51am
Stocks China stocks fall for fifth session as economic, geopolitical woes weigh SHANGHAI: China stocks fell for a fifth straight session on Monday, with investors hoping for more policy stimulus... Published 08 Jul, 2024 10:44am
Mutual Funds India bond yields marginally lower as US peers decline MUMBAI: Indian government bond yields edged lower in the early session on Monday, tracking a decline in their US... Published 08 Jul, 2024 10:19am
Stocks Trading at PSX disrupted after fire incident PSX notice had earlier stated that trading would resume at 11:25am Updated 08 Jul, 2024 09:47pm
Forex Indian rupee up slightly as Asia FX takes a ‘breather’ on dip in US bond yields MUMBAI: The Indian rupee was mildly stronger on Monday, tracking a rise in its Asian peers, which were aided by a... Published 08 Jul, 2024 10:17am
Companies Boeing to plead guilty to fraud in US probe of fatal 737 MAX crashes NEW YORK/WASHINGTON: Boeing has agreed to plead guilty to a criminal fraud conspiracy charge to resolve a US Justice... Published 08 Jul, 2024 10:15am
MENA Dubai’s high-end property sales undented by drop in listings, consultancy says DUBAI: The number of homes worth $10 million or more that were sold in Dubai held steady in the first half of the... Published 08 Jul, 2024 10:09am
Bullion Rate Gold eases from May peak on profit taking Gold prices slipped on Monday, as investors booked profits after bullion hit a more than one-month high in the... Published 08 Jul, 2024 10:00am
Stocks Japan’s Nikkei posts limited gains as profit-taking weighs TOKYO: Japan’s Nikkei share average edged higher on Monday, with further gains capped by profit-taking after both... Published 08 Jul, 2024 09:58am
Stocks Indian shares set to open higher; Titan, IndusInd Bank, Tata Motors in focus BENGALURU: Indian shares are set to open higher on Monday, as soft US jobs data has boosted hopes of a Federal... Published 08 Jul, 2024 09:55am
Stocks Asia shares firm, euro dogged by French political deadlock SYDNEY: Asian stocks inched higher on Monday as investors grew more confident about a September US rate cut, while... Published 08 Jul, 2024 09:53am
Forex Australian dollar holds gains as yields attract; kiwi edgy into RBNZ meet SYDNEY: The Australian dollar hovered near a six-month high on Monday, drawing support from favourable yield... Published 08 Jul, 2024 09:51am
Forex Euro eases on French poll gridlock, dollar sluggish after US payrolls TOKYO: The euro slipped on Monday after projections from France’s election pointed to a hung parliament amid an... Published 08 Jul, 2024 09:49am
Energy Oil slips as Gaza talks ease supply worries, Hurricane Beryl in focus Oil prices edged lower on Monday after gaining for four weeks as supply disruption worries eased on hopes of a... Updated 08 Jul, 2024 07:02pm
Challenges await as UBS makes Credit Suisse merger official ZURICH: Banking giant UBS on Monday officially merged its Swiss branches with those of Credit Suisse, but huge... Published 08 Jul, 2024 08:25am
Agriculture and SME finance expansion: SBP issues letters to banks to develop five-year plans KARACHI: The Governor, State Bank of Pakistan (SBP), chaired the second Steering Committee meeting on July 4 on... Published 08 Jul, 2024 08:25am
KP govt initiates reforms to improve performance of 170 PSEs PESHAWAR: The KP government has initiated reforms to improve the performance of its 170 public sector entities ... Published 08 Jul, 2024 08:25am
Expert explains potential of aquaculture sector PESHAWAR: Aquaculture sector has potential to generate billions of dollars through export beside provision of ... Published 08 Jul, 2024 08:16am
Energy Concern voiced over adverse impact of hike in power tariffs KARACHI: Chairman of FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen and... Published 08 Jul, 2024 07:56am
Money & Banking Indian rupee closes flat MUMBAI: The Indian rupee closed nearly unchanged on Friday as importer dollar demand weighed on the currency, even... Published 08 Jul, 2024 07:48am
KP flour millers demand withdrawal of additional taxes PESHAWAR: Flour millers in Khyber Pakhtunkhwa have strongly opposed the recent increase in fixed tax in electricity... Published 08 Jul, 2024 07:41am
Companies Master Motor launches ‘Aumark M290T’ LAHORE: Master Motor (Pvt.) Ltd., a leading automobile manufacturer of Pakistan announced its newest FOTON model... Published 08 Jul, 2024 06:09am
Major reforms inevitable to create economic stability: Ali Pervaiz ISLAMABAD: Minister of State for Finance, Revenue and Power Ali Pervaiz Malik said on Sunday that the government... Published 08 Jul, 2024 06:03am
Pakistan long-term partner, but policy is to deny support to its long-range ballistic missile programme: US
Pakistan long-term partner, but policy is to deny support to its long-range ballistic missile programme: US