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Hong Kong approves four more cryptocurrency exchanges

HONG KONG: Hong Kong’s securities regulator on Wednesday approved four cryptocurrency exchanges in the city’s latest...

Published 18 Dec, 2024 06:16pm

Markets

Saudi Arabia’s PIF, Hong Kong’s HKMA looking to anchor $1bn investment fund

DUBAI: Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), and the Hong Kong Monetary Authority...

Published 31 Oct, 2024 06:20pm

Markets

China stocks flat, HK stocks close higher

SHANGHAI: Hong Kong shares ended the week higher, led by tech stocks, after earnings release by e-commerce giants...

Updated 17 Aug, 2024 07:34am

Life & Style

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

Life & Style

Hong Kong museum celebrates life of architect I.M. Pei

HONG KONG: More than 30 years after I.M. Pei reshaped Hong Kong’s skyline with a jagged tower of steel and glass,...

Published 28 Jun, 2024 05:11pm

Life & Style

For expats: Karachi, Islamabad ranked cheapest cities in Mercer’s Cost of Living City Ranking 2023

Karachi and Islamabad were ranked the least expensive cities for expats by Mercer’s recent Cost of Living City...

Published 20 Jun, 2024 04:53pm

World

Two UK judges resign from Hong Kong top court

HONG KONG: Two senior British judges have resigned from Hong Kong’s Court of Final Appeal, the city’s judiciary...

Published 07 Jun, 2024 06:24am

Life & Style

Low-budget Chinese travellers highlight shift in Hong Kong tourism

HONG KONG: Cost-conscious Chinese tourists have replaced many of the cash-rich mainland travellers who once flocked...

Published 06 May, 2024 11:28pm

Business & Finance

Asia’s first spot bitcoin, ether ETFs start trading in Hong Kong

HONG KONG: Hong Kong on Tuesday launched trading of Asia’s first spot bitcoin and ether exchange-traded funds...

Published 30 Apr, 2024 12:17pm

World

Splashy Saudi mega-project NEOM chases Chinese funds

HONG KONG: Bigwigs behind a Saudi megacity dogged by questions about its viability have wrapped up a tour courting...

Published 21 Apr, 2024 12:17pm

Business & Finance

HK conditionally approves first bitcoin and ether ETFs

HONG KONG: Hong Kong’s securities regulator on Monday granted conditional approval to start the city’s first...

Published 16 Apr, 2024 03:38am

Business & Finance

Cathay Pacific posts first annual profit in four years

HONG KONG: Hong Kong’s Cathay Pacific Airways reported on Wednesday a HK$9.79 billion ($1.25 billion) profit for...

Published 13 Mar, 2024 10:23am

Life & Style

Low-end internet auctions upend art market: sector-tracker

PARIS: A boom in internet sales has boosted the lower end of the art market and could ultimately doom showroom...

Published 07 Mar, 2024 01:54pm

Business & Finance

JPMorgan picks HSBC, StanChart to run $500bn custody business in Hong Kong, Taiwan

HONG KONG: JPMorgan Chase has selected HSBC and Standard Chartered to operate its custody businesses in Hong Kong...

Published 01 Mar, 2024 10:20am

Markets

Evergrande chairman’s second seized Hong Kong mansion put up for sale

HONG KONG: A second mansion in Hong Kong that once belonged to China Evergrande Group’s chairman has been put up for...

Published 01 Mar, 2024 10:19am

Life & Style

Christian Dior postpones much anticipated Hong Kong show

HONG KONG: French fashion label Christian Dior has postponed its planned mega fashion show in Hong Kong due to be...

Published 26 Feb, 2024 05:44pm

Markets

China stocks retreat after rally

SHANGHAI: China stocks slipped on Friday, after three sessions of gains following the government’s decision to ...

Published 27 Jan, 2024 06:20am

Business & Finance

Hutchison ports extends ROC services to Jazan Port

LAHORE: Local talent of Pakistan in the Ports and Shipping sector is significantly enhancing the efficiency of...

Published 13 Jan, 2024 05:38am

Business & Finance

Hong Kong October home prices drop to lowest since March 2017

HONG KONG: Hong Kong private home prices extended a fall in October, dipping to their lowest since March 2017,...

Published 28 Nov, 2023 11:03am

Business & Finance

BoE leads central bank chorus on need for restrictive policy

HONG KONG: A top UK central banker on Tuesday emphasised that monetary policy would need to be “restrictive” for...

Published 28 Nov, 2023 10:56am

Business & Finance

PBOC governor pledges to strengthen global policy dialogues

HONG KONG: People’s Bank of China Governor Pan Gongsheng said on Tuesday the central bank will help strengthen...

Published 28 Nov, 2023 09:53am

Markets

China’s October net gold imports via Hong Kong slip 23% m/m

China’s net gold imports via Hong Kong fell about 23% in October from the previous month, Hong Kong Census and...

Published 27 Nov, 2023 03:09pm

World

Remnants of Typhoon Koinu bring floods to Hong Kong

HONG KONG: Hong Kong saw heavy flooding on Monday as the remnants of Typhoon Koinu brought heavy rains and strong...

Published 09 Oct, 2023 10:53am

World

Hong Kong closes schools, raises warning for Typhoon Koinu

HONG KONG: Hong Kong issued its second-highest storm warning signal on Sunday, prompting the closure of some...

Published 09 Oct, 2023 06:24am

Business & Finance

Evergrande’s $500m EV share deal suspended, stock to resume trading

HONG KONG: A share sale plan between China Evergrande New Energy Vehicle Group, the electric-vehicle arm of ...

Published 09 Oct, 2023 06:24am

World

Typhoon Koinu turns south off China’s coast, headed for Hainan

BEIJING: Typhoon Koinu, which lashed Taiwan with rain and wind last week, on Sunday turned south over the sea off...

Published 08 Oct, 2023 10:21am

Sports

19th Asian Games: Pakistan qualifies for semi-finals

LAHORE: Pakistan defeated Hong Kong by 68 runs in the 19th Asian Games Men’s Cricket Quarter Finals played at the...

Published 04 Oct, 2023 06:20am

Markets

Hong Kong crypto firm hit by $200 million hack

LONDON: Hackers stole around $200 million from crypto firm Mixin early on Saturday, the company said on social media...

Published 25 Sep, 2023 03:08pm

Technology

Alibaba shares slide 4% after former CEO quits cloud unit

HONG KONG: The Hong Kong-listed shares of China’s Alibaba Group fell more than 4% on Monday after the surprise...

Published 11 Sep, 2023 10:00am

Technology

Alibaba’s cloud division eyes state firms for up to $3bn fundraising

Alibaba Group Holding Ltd’s cloud division is weighing a private round to raise funds from Chinese state-owned...

Published 04 Sep, 2023 03:00pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Cotton US¢/pound / Dec 18	68.50
Petrol/Litre / Dec 19	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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