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Luxury

Rolex begins 2025 by raising prices up to 8% on select models

Swiss luxury watchmaker Rolex began the year by raising prices of some of its most popular models after gold values...

Published 02 Jan, 2025 07:23pm

Luxury

Priced at $21,000: the sweet smell of success for niche perfumes

PARIS: They don’t advertise and they are largely unknown to the general public but niche perfumes are able to...

Published 23 Dec, 2024 02:37pm

Luxury

Luxury labels focus on lower-priced goods to appeal to middle-class shoppers

PARIS: Confronting a broad decline in demand for their usual fare, including $3,000-and-up handbags and...

Published 20 Dec, 2024 02:02pm

Currency

As bitcoin soars, luxury brands consider accepting crypto payments

PARIS: Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further...

Updated 18 Dec, 2024 03:26pm

Luxury

Local in focus: 5 bridal designers on our radar

With wedding season underway in full force in Pakistan, event planners, florists, photographers and designers are...

Updated 17 Dec, 2024 06:51pm

MENA

Walmart to Gulf Royals: world’s richest add $2trn to their wealth in 2024

The owners of US retail chain Walmart – The Walton family – topped Bloomberg’s annual ranking of the world’s...

Published 16 Dec, 2024 04:58pm

Real Estate

Dubai’s real estate sector is evolving, moving towards ‘branded residences’

Dubai’s recent crown as the ‘global leader in branded residences’ is also accompanied by high occupancy level in...

Published 13 Dec, 2024 06:29am

Arts

The $6.2 mn banana: Sotheby’s auctions controversial artwork

A banana duct-taped to a wall sold to a cryptocurrency entrepreneur

Updated 21 Nov, 2024 03:13pm

Real Estate

Why Dubai’s current real estate boom is here to stay

Knight Frank official says buying patterns point towards genuine end users rather than speculative investors

Updated 20 Nov, 2024 05:34pm

Luxury

Louis Vuitton opens bold pop-up store on NYC’s Fifth Avenue

Five-story location houses a cafe and chocolate shop

Updated 16 Nov, 2024 05:38pm

Luxury

Diamond necklace linked to Marie Antoinette sells for $4.8 million

GENEVA: A diamond-studded necklace thought to be linked to a scandal that hastened the downfall of the doomed 18th...

Published 14 Nov, 2024 02:22pm

Luxury

Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says

MILAN: Sales of personal luxury goods are set to fall 2% this year, making it one of the weakest on record, with...

Published 13 Nov, 2024 07:17pm

MENA

Dubai real estate developer DAMAC Properties launches luxury airline

DAMAC Air will offer journeys to coveted tropical destinations like Bali, Hawaii, and Maldives

Published 11 Nov, 2024 04:13pm

Luxury

Diamond necklace allegedly linked to Marie Antoinette’s demise up for auction

GENEVA: A diamond-studded necklace thought to be involved in a scandal that led to the eventual downfall of the last...

Published 08 Nov, 2024 02:04pm

MENA

Dubai Real Estate Sector Strategy 2033 aims for AED 1 trillion market valuation

Dubai Land Department launched the Real Estate Sector Strategy 2033 on Tuesday, targeting doubling the sector’s GDP...

Published 30 Oct, 2024 10:39pm

Luxury

Hermes defies luxury slowdown, reports strong sales

PARIS: French luxury group Hermes posted Thursday a jump in third quarter sales, bucking the overall gloom in the...

Published 24 Oct, 2024 04:41pm

Movies & Music

Bollywood actor Sonam Kapoor named new Dior brand ambassador

French luxury brand Christian Dior has named Bollywood actor Sonam Kapoor as Brand Ambassador, it was announced on...

Updated 23 Oct, 2024 04:45pm

Luxury

Luxury brand Chanel to sponsor Oxford and Cambridge Boat Race

LONDON: French luxury brand Chanel will sponsor Britain’s historic Oxford and Cambridge Boat Race next year in the...

Published 22 Oct, 2024 05:41pm

Luxury

Prices from $41,243 to $88,378: Patek Philippe’s first new collection in 25 years

Patek Philippe released a new collection, the Cubitus, announced the luxury Swiss watchmaker earlier, a development...

Published 22 Oct, 2024 05:15pm

MENA

Global rich are picking Dubai’s luxury real estate over a volatile stock market

City is already considered 'safe haven' for wealthy individuals amid global economic fluctuations and political uncertainties

Published 09 Oct, 2024 08:08pm

Travel

Cipriani demands Venice tackle speeding boats and ‘damaging waves’

ROME: The owner of Harry’s Bar, a Venetian bar and restaurant frequented by Ernest Hemingway, has filed a legal...

Published 02 Oct, 2024 02:27pm

Luxury

Louis Vuitton shows flouncy, layered looks at the Louvre for Paris Fashion Week

PARIS: Louis Vuitton womenswear designer Nicolas Ghesquiere showed a lineup of layered looks with short, flouncy...

Published 02 Oct, 2024 02:16pm

Luxury

Victoria Beckham shows breezy, minimalist dresses at Paris Fashion Week

PARIS: For the spring-summer collection of her namesake label, Victoria Beckham showed a line up of minimalist...

Published 28 Sep, 2024 04:41pm

Arts

Van Gogh painting set to break Asia record in Hong Kong auction

HONG KONG: A Vincent van Gogh painting displaying the artist’s shift from dark realism to vibrant impressionism...

Published 26 Sep, 2024 09:14pm

Luxury

Dior’s arrows and Amazons as Saint Laurent revives its master

PARIS: Dior gave Paris Fashion Week a shot of Olympic adrenaline on Tuesday with a troop of athletic Amazons...

Published 25 Sep, 2024 07:28pm

Luxury

Rolex begins selling used watches, but at a premium

Luxury Swiss watchmaker moves into the 'certified pre-owned' market

Published 24 Sep, 2024 04:22pm

Luxury

Diamond necklace valued at up to $2.8mn heads to auction

LONDON: A rare diamond necklace with possible links to former French queen consort Marie Antoinette is to be...

Published 24 Sep, 2024 03:09pm

Luxury

Musical chairs at top as Paris Fashion Week starts

PARIS: Paris Fashion Week starts Monday in a swirl of rumours of musical chairs at some of the sector’s most fabled...

Published 23 Sep, 2024 04:58pm

Luxury

China-EU trade spat’s next swipe may hit LVMH

LONDON: Few Western corporate chieftains command as much attention in China as Bernard Arnault. The 75-year-old boss...

Published 23 Sep, 2024 01:56pm

Luxury

Versace’s Milan show aims for ‘optimism and joy’ with colourful prints

MILAN: Presenting a playful and colourful collection of mismatched prints, Italian designer Donatella Versace said...

Published 21 Sep, 2024 07:10pm

Luxury

Harrods’ ex-owner Al Fayed raped, assaulted staff over decades, lawyers say

LONDON: The late Egyptian billionaire Mohamed Al Fayed sexually abused female staff at his London department store...

Published 21 Sep, 2024 07:08pm

MENA

Wealth migration: Dubai, Abu Dhabi among cities leading way for centi-millionaire growth

The Centi-Millionaire Report 2024 marked Abu Dhabi, Shenzhen, Austin, Taipei for high growth by 2040

Published 21 Sep, 2024 07:31am

Luxury

Harrods apologises for sex abuse allegations against former owner Mohamed Al Fayed

LONDON: High-end London department store Harrods has apologised over allegations its former owner, Egyptian...

Published 20 Sep, 2024 03:19pm

Luxury

World’s 50 best hotels 2024: Asia leads the way in hospitality

Capella Bangkok tops list, Dubai's Atlantis The Royal at 9th place

Published 19 Sep, 2024 06:30pm

Luxury

How migrant workers, including from Pakistan, suffered to craft the ‘Made in Italy’ label

Investigation exposes sweatshop-like conditions at Dior, Giorgio Armani

Updated 18 Sep, 2024 05:09pm

Luxury

LVMH names UK designer Sarah Burton Givenchy creative director

PARIS: French luxury goods company LVMH named on Monday Sarah Burton, the longtime-Alexander McQueen designer behind...

Published 09 Sep, 2024 02:17pm

Luxury

Ralph Lauren takes fashionistas to the Hamptons for spring show

BRIDGEHAMPTON, New York: Veteran designer Ralph Lauren chose the upscale Hamptons seaside resort for his Spring 2025...

Published 07 Sep, 2024 03:52pm

MENA

Burj Azizi: Dubai set to see ‘world’s second-tallest tower’

Luxury building is slated for completion in 2028

Published 05 Sep, 2024 04:39pm

Luxury

One of the world’s largest diamonds found in Botswana

GABORONE, Botswana: One of the world’s largest diamonds ever unearthed – a rough 2,492-carat stone – has been found...

Published 22 Aug, 2024 05:35pm

Luxury

Mukesh, Isha Ambani strengthen Reliance Retail with INR1bn Kiko Milano acquisition

Mukesh Ambani and Isha Ambani have further strengthened Reliance Retail’s position in the beauty sector with the...

Updated 21 Aug, 2024 07:51pm

Luxury

Crown Prince to build Louvre of Saudi Arabia featuring $450mn Leonardo da Vinci: report

Saudi Arabia is planning to build a version of the Louvre museum in Riyadh, according to a new BBC documentary on...

Published 20 Aug, 2024 06:54pm

MENA

Dubai leads the way as GCC retail spending set to hit $300bn by 2028

Emirate ranks second to New York City in terms of retail spend per capita

Published 17 Aug, 2024 08:00am

Luxury

Jewels stolen in Germany’s Green Vault heist back on display

DRESDEN, Germany: Nearly five years after millions of euros’ worth of jewellery was stolen in a museum heist in...

Published 15 Aug, 2024 02:31pm

Luxury

Jeweller’s eye-popping watch is love letter to Albania

TIRANA: Albanian jeweller Pirro Ruco laboured day and night for five years to capture the essence of his country in...

Published 08 Aug, 2024 11:26pm

Luxury

LVMH’s Dior lagged on anti-slavery and sustainability certification

PARIS: LVMH’s second-largest fashion brand Dior was until last month behind on disclosures required by UK law about...

Published 06 Aug, 2024 01:50pm

Luxury

Sotheby’s bets on Chinese spending with Hong Kong retail outlet

HONG KONG: Sotheby’s embarks on a new kind of selling in Hong Kong on Saturday, with its first retail outlet,...

Published 26 Jul, 2024 02:38pm

Luxury

Jennifer Lopez wears custom Manish Malhotra for Bridgerton-themed birthday

Indian couturier opened first global flagship in Dubai last year

Updated 25 Jul, 2024 03:44pm

Luxury

LVMH sales miss estimates as Chinese market slows

PARIS: LVMH sales growth slowed in the second quarter as Chinese shoppers reined in spending on high-end fashion at...

Published 24 Jul, 2024 02:49pm

Luxury

Golden rule: Why younger investors are drawn to gold

NEW YORK: What asset class do millennials and Gen Z investors both want to own? Here is an answer you may not have...

Published 19 Jul, 2024 02:09pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.26
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
India Sensex / Jan 3	79,223.11
Tokyo Nikkei / Jan 3	39,894.54
Nasdaq / Jan 3	19,621.68
Hang Seng / Jan 3	19,760.27
FTSE 100 / Jan 3	8,223.98
Dow Jones / Jan 3	42,732.13
Germany DAX 30 / Jan 3	19,906.08

Item	Value
Crude Oil USD/Barrel / Jan 3	73.96
Gold 10 Grams PKR / Jan 3	243,488.40
Gold Spot USD/Ounce / Jan 3	2,640.22
Cotton US¢/pound / Jan 3	67.66
Karachi Cotton PKR/37.32 KG / Jan 4	18,285
Petrol/Litre / Jan 5	252.66

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Dewan Textile / Jan 3 Dewan Textile Mills Limited(DWTM)	7.50 ▲ 0.70 (10.29%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Asim Textile / Jan 3 Asim Textile Mills Limited(ASTM)	14.72 ▲ 1.34 (10.01%)
Bannu Woollen / Jan 3 Bannu Woollen Mills Limited(BNWM)	39.34 ▲ 3.58 (10.01%)
Ali Asghar / Jan 3 Ali Asghar Textile Mills Limited(AATM)	87.12 ▲ 7.92 (10.00%)
AL-Ghazi Tractors / Jan 3 Al-Ghazi Tractors Limited(AGTL)	692.63 ▲ 62.97 (10.00%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
Chakwal Spinning / Jan 3 Chakwal Spinning Mills Limited(CWSM)	79.30 ▲ 7.21 (10.00%)

Stock	Price
Khairpur Sug. / Jan 3 Khairpur Sugar Mills Limited(KPUS)	165.85 ▼ -18.43 (-10.00%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	163.24 ▼ -18.14 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
National Silk / Jan 3 The National Silk & Rayon Mills Limited(NSRM)	49.96 ▼ -5.48 (-9.88%)
Al-Khair Gadoon / Jan 3 Al-Khair Gadoon Limited(AKGL)	37.50 ▼ -3.95 (-9.53%)
Escorts Bank / Jan 3 Escorts Investment Bank Limited(ESBL)	6.22 ▼ -0.63 (-9.20%)
Intermarket Securities / Jan 3 Intermarket Securities Limited(IMS)	67.01 ▼ -6.76 (-9.16%)
Premium Textile / Jan 3 Premium Textile Mills Limited(PRET)	365.10 ▼ -34.90 (-8.72%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,529,816 ▼ -0.06
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.38
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	56,752,893 ▲ 0.01
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	54,319,935 ▼ -2.12
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	47,336,133 ▲ 0.00
K-Electric Ltd. / Jan 3 K-Electric Limited(KEL)	47,012,733 ▼ -0.21
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▲ 0.11
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	34,237,257 ▲ 0.25

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