Money & Banking US Fed begins two-day meeting set to end with rate cut WASHINGTON: The US Federal Reserve began a two-day interest rate discussion on Tuesday that is all-but-certain to... Published 17 Sep, 2024 08:17pm
Stocks Major Gulf markets inch up ahead of expected Fed rate cut Most major stock markets in the Gulf edged higher in early trade on Tuesday, ahead of the U.S. Federal Reserve’s... Published 17 Sep, 2024 02:29pm
Stocks Hong Kong stocks rise on property gains ahead of Fed rate decision HONG KONG: Hong Kong stocks rose in holiday-thinned trade on Tuesday, led by local property giants on hopes of an... Published 17 Sep, 2024 02:20pm
Stocks European shares advance in lead-up to Fed rate decision European stocks rose on Tuesday, supported by financials, as markets drew closer to an expected start to the U.S.... Published 17 Sep, 2024 01:05pm
Stocks London stocks rise on US rate cut optimism, Kingfisher boost The FTSE 100 rose to a two-week high on Tuesday, lifted by increasing bets of a larger U.S. interest rate cut and... Published 17 Sep, 2024 01:03pm
Forex Dollar pinned down by 50bp Fed cut wagers SINGAPORE: The dollar traded near its lowest levels of the year on Tuesday, on the eve of the expected start to a... Published 17 Sep, 2024 11:18am
Commodities Japan rubber futures jump to more than two-week high on supply worries SINGAPORE: Japanese rubber futures jumped on Tuesday to their highest in more than two weeks, underpinned by weather... Published 17 Sep, 2024 10:52am
Bullion Rate Gold hovers near record high ahead of Fed rate verdict Gold prices hovered near a record high on Tuesday, ahead of the anticipated start of the U.S. interest rate... Published 17 Sep, 2024 10:47am
Financial India bond yields fall on rising bets of outsized Fed rate cut MUMBAI: Indian government bond yields fell on Tuesday, with the 10-year yield hitting 6.75%, a day before the... Published 17 Sep, 2024 10:42am
Forex Indian rupee faces resistance on dollar buying by state-run banks MUMBAI: The Indian rupee faced resistance on Tuesday following a rise driven by the U.S. dollar’s struggles a day... Published 17 Sep, 2024 10:38am
Stocks Asia shares rise; dollar, yields hurt by outsized Fed rate cut bets SINGAPORE: Asian stocks gained on Tuesday while the dollar and U.S. Treasury yields came under pressure, with just a... Published 17 Sep, 2024 10:35am
Commodities Copper edges up on softer US dollar ahead of expected Fed rate cut Copper prices in London edged up on Tuesday, driven by a softer U.S. dollar and expectations of an interest rate... Published 17 Sep, 2024 10:32am
Stocks Australian shares end near record high ahead of Fed policy meeting Australian stocks flirted with an all-time high on Tuesday, a day ahead of the U.S. Federal Reserve’s policy... Updated 17 Sep, 2024 12:42pm
Stocks Japan’s Nikkei slides on strong yen worries before Fed decision TOKYO: Japan’s Nikkei share average fell on Tuesday, weighed down by worries of a stronger yen, as investors braced... Updated 17 Sep, 2024 12:53pm
Stocks Indian shares hold near record highs ahead of Fed policy decision BENGALURU: Indian shares held ground near all-time highs on Tuesday, with traders expecting marginal moves ahead of... Published 17 Sep, 2024 10:23am
Commodities Oil prices rise on supply shocks, prospect of US interest rate cuts NEW YORK: Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet demand will... Updated 17 Sep, 2024 09:47pm
Energy Govt removing all barriers to foreign investment: PM ISLAMABAD: Prime Minister Shehbaz Sharif has said the government is removing all obstacles in the way of foreign... Published 17 Sep, 2024 06:33am
Statistics July-August textile group exports up 5.37pc ISLAMABAD: The country’s textile group exports increased by 5.37 per cent in first two months (July-August) of the... Published 17 Sep, 2024 06:33am
Stocks Auction for Ijarah Sukuk: PSX raises Rs202bn against Rs250bn target KARACHI: Pakistan Stock Exchange (PSX) has raised Rs 202 billion against a target of Rs 250 billion for the Ministry... Published 17 Sep, 2024 06:33am
Pakistani Islamic finance industry: Size estimated to have crossed $42bn: SECP ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has disclosed that the size of the Pakistani... Published 17 Sep, 2024 06:33am
Energy Jul-Aug petroleum group’s imports witness 22.73pc growth ISLAMABAD: Petroleum group imports witnessed 22.73 percent growth during the first two months (July-August) of the... Published 17 Sep, 2024 06:33am
Money & Banking ADVANS bank renamed Halan KARACHI: ADVANS Pakistan Microfinance Bank Limited renamed to “Halan Microfinance Bank Limited” with effect from... Published 17 Sep, 2024 06:33am
Non-bank financial sector: SECP drafts strategic action plan for Islamic finance development ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will introduce the concept of Tier-I and ... Published 17 Sep, 2024 06:33am
Industry PBF for forensic audit of all power facilities KARACHI: President Pakistan Business Forum (PBF) Khawaja Mehboobur Rahman questioned the rationale for paying... Published 17 Sep, 2024 06:33am
Industry Malik Faisal elected REAP chairman unopposed LAHORE: Malik Faisal Jahangir has been elected unopposed as Chairman, and Irfan Noor as Treasurer of the Rice... Published 17 Sep, 2024 06:33am
Taxes Tax dept fails to create additional demand on capital gains LAHORE: The income tax department failed to create additional demand on account of capital gains in the wake of... Published 17 Sep, 2024 06:33am
Industry LCCI organises seminar LAHORE: The Director General of Punjab Food Authority Muhammad Asim Javed has reaffirmed the Authority’s ... Published 17 Sep, 2024 06:33am
Companies BoK announces partnership with ABL Funds PESHAWAR: Bank of Khyber (BoK) announced a partnership with ABL Funds for distribution of ABL Asset Management ... Published 17 Sep, 2024 06:33am
Money & Banking Indian rupee ends flat MUMBAI: The Indian rupee ended unchanged on Monday while dollar-rupee forward premiums rose on heightened chances of... Published 17 Sep, 2024 06:33am
Money & Banking Dollar hits more than one-year low against yen NEW YORK: The US dollar fell to a more than one-year low versus the yen on Monday, as expectations increased that ... Published 17 Sep, 2024 06:33am
Money & Banking Asian currencies gain in holiday-thinned trading BENGALURU: Asian currencies and stocks climbed on Monday in holiday-thinned trading, with investors focussing on ... Published 17 Sep, 2024 06:33am