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CNBC

‘Close call’ on US June rate hike or pause, says Fed’s Kashkari

Minneapolis Federal Reserve President Neel Kashkari said on Monday it was a “close call” on whether he would vote to...

Published 22 May, 2023 05:27pm

Life & Style

Warner Bros Discovery unveils revamped ‘Max’ in push for streaming growth

BURBANK, California: Warner Bros Discovery Inc on Wednesday said it will launch on May 23 its long-awaited new...

Published 13 Apr, 2023 03:32pm

Technology

Elon Musk says Twitter has a headcount of about 2,300

Statement comes after CNBC reported Twitter's full-time headcount has reduced to about 1,300 active, working employees

Updated 21 Jan, 2023 04:06pm

Pakistan

‘Pakistan’s new govt may undo damage to ties with US’

NEW YORK: A commentary posted on an American television network’s website on Tuesday said that a key priority for...

Published 14 Apr, 2022 04:55am

Technology

Twitter CEO Jack Dorsey to step down

NEW YORK: Twitter Inc Chief Executive Officer Jack Dorsey will step down from his role and a successor has been ...

Published 30 Nov, 2021 05:23am

Business & Finance

Nexi exec says group interested in digital euro, no formal talks with ECB

MILAN: Nexi is interested in working on a digital version of the euro, but there are no formal talks with the...

Published 27 Sep, 2021 05:51am

Markets

Wall Street falls on taper worries, Kabul blast

NEW YORK: Wall Street's main indexes fell to session lows on Thursday on fears of a faster tapering of the US ...

Published 27 Aug, 2021 04:52am

Business & Finance

Dollar jumps after Fed official's taper talk stirs markets

NEW YORK: The dollar jumped from one-week lows on Thursday after a regional Federal Reserve president suggested a...

Published 27 Aug, 2021 04:52am

Business & Finance

Alibaba executive says founder Jack Ma lying low

"The idea that Jack has this enormous amount of power, I think that's not quite right," Tsai said. "He is just like you and me, he's a normal individual."
Alibaba was also fined $2.8 billion in April for anti-competitive business practices.

Published 15 Jun, 2021 07:40pm

Technology

US exchanges offer a rich potential target for hackers

The range of motivations means firms should aim to make themselves "the hardest target" possible to thwart attacks, Alvarado said.

Published 26 May, 2021 10:15am

Markets

ECB will act only if yield rise is unwarranted: de Guindos on CNBC

"If the increase in yields is the consequence of the normalisation of the economy, it's something that is going to part of the broader framework. If there's a recovery going on, if inflation starts to go up and normalise economic activity, then nominal yields will have to go up.

Published 19 May, 2021 06:38pm

World

Pfizer CEO: Vaccine third dose 'likely' needed within 12 months

"It seems strong but there is some waning of that and no doubt the variants challenge," he said.

Published 16 Apr, 2021 10:04am

Markets

ECB's Holzmann hopes to reduce emergency bond buys in Q3: CNBC

The Austrian governor was echoing similar remarks by his Dutch peer Klaas Knot in a Reuters interview earlier this week.

Published 08 Apr, 2021 02:06pm

Markets

Asian markets fall further as recovery pace fuels rate-hike fear

Profit-takers were also taking an opportunity to cash in after both contracts rallied to 13-month highs, they added.

Published 19 Feb, 2021 10:18am

World

Macron floats brokered Airbus-Boeing accord to Biden: report

The European Commission said in response to the move that it "regrets that the United States has chosen to add further EU products to its retaliation list in the WTO Airbus case on aircraft subsidies."

Published 11 Feb, 2021 11:15am

Markets

Indonesia 2020 fuel demand was down 25% y/y

"This year we estimate that there will be a 10%-12% increase in demand," Nicke said, adding that demand will still not be on par with 2019 levels.

Published 04 Feb, 2021 11:45am

Markets

Fed policy makers, like lawmakers, split on need for more fiscal aid

The White House continued Monday to press for the $1.9 trillion package.

Published 02 Feb, 2021 02:18pm

World

Operation Warp Speed chief adviser Slaoui has resigned: CNBC

The chief adviser for the US COVID-19 vaccine program, Slaoui's role leading vaccine.

Published 13 Jan, 2021 10:50am

Technology

'Dozens of email accounts' were hacked at US Treasury

Top US officials - including Secretary of State Mike Pompeo - have blamed Russia for the espionage operation, although some officials and experts have told Reuters it is too soon to know for sure who is behind the breach.

Published 22 Dec, 2020 10:11am

Business & Finance

Boeing CEO says possibility of 'large equity raise' is speculative: CNBC

The planemaker was a little speculative and the company did not plan to go down that path.

Published 17 Dec, 2020 11:14am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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