Europe’s vaccine makers fall as Trump picks RFK Jr to lead top US health agency LONDON: Shares in European vaccine makers fell in early trade on Friday after US President-elect Donald Trump said... Published 15 Nov, 2024 04:49pm
Markets Dollar underpinned before US inflation data, Fed speakers SYDNEY: The dollar edged higher on Monday as markets braced for US inflation data and a throng of Federal Reserve... Published 11 Nov, 2024 10:08am
Markets Strong bank earnings push S&P 500, Dow to record highs NEW YORK: The S&P 500 and the Dow hit record highs on Friday, driven by gains in major banks following... Published 12 Oct, 2024 06:17am
World India probing EY’s ‘work environment’ after death of young employee NEW DELHI: India is investigating the work environment at Big Four accounting firm EY, the labour minister said on... Published 19 Sep, 2024 11:33pm
Pakistan Aurangzeb engages with J.P. Morgan on investment opportunities in Pakistan High-level huddle discusses interests of institutional investors exploring fixed-income investment opportunities in Pakistan Updated 04 Sep, 2024 09:18pm
Technology ByteDance eyes $9.5bn in record Asia dollar corporate loan, Bloomberg News reports TikTok-owner ByteDance is tapping banks for a $9.5 billion loan that would be the biggest dollar-denominated... Published 02 Sep, 2024 03:00pm
Markets Indian bonds shrug off rising US Treasury yields MUMBAI: Indian government bond yields were largely unchanged in early trade on Tuesday, showing a muted reaction to... Published 02 Jul, 2024 10:12am
World JPMorgan hires new chief technology officer: memo NEW YORK: JPMorgan Chase hired former PayPal executive Sri Shivananda as its new chief technology officer (CTO), the... Published 11 Jun, 2024 03:17am
Markets India 10-year yield sees biggest spike in 8 months on poll results uncertainty MUMBAI: Indian government bond yields jumped sharply, with the 10-year benchmark bond yield seeing its biggest surge... Published 04 Jun, 2024 10:56am
Business & Finance JPMorgan profit rises 6% even as interest income forecast falls short of predictions JPMorgan Chase’s profit rose 6% in the first quarter, although its shares dropped after the bank’s forecast for its... Published 12 Apr, 2024 07:21pm
Markets Oil prices climb on supply risk HOUSTON: The Brent and US West Texas Intermediate crude oil benchmarks rose more than $1 a barrel during trade on... Published 07 Apr, 2024 03:01am
Business & Finance JPMorgan bets on new wealth planning tool to draw investments NEW YORK: JPMorgan Chase seeks to expand the reach of its wealth management business and bring in more investments ... Published 29 Mar, 2024 04:45am
Business & Finance JPMorgan appoints Rita Chan, Alan Ho as China co-senior country officers SYDNEY: JPMorgan has appointed Rita Chan and Alan Ho as co-senior country officers for China, according to a memo... Published 28 Mar, 2024 10:28am
Markets Oil prices advance on tighter supply outlook LONDON: Oil prices firmed on Thursday, following two consecutive sessions of decline, as investors saw a tighter... Updated 28 Mar, 2024 05:41pm
Business & Finance HSBC to hire almost 50 bankers for startup, venture lending in US NEW YORK: HSBC is planning to recruit about 50 more bankers in its US commercial bank to lend to startup companies,... Published 22 Mar, 2024 04:57am
Business & Finance Global banking watchdog cracks down on big lenders gaming capital requirements LONDON: Global banking regulators proposed measures on Thursday to crack down on the world’s biggest banks that game... Published 08 Mar, 2024 03:14am
Business & Finance Big firms with $7trn exit climate investment pressure group NEW YORK: A pair of large investment companies with nearly $7 trillion in assets, said Thursday they exited a ... Published 17 Feb, 2024 05:51am
Business & Finance JPMorgan to open more than 500 new bank branches over next three years NEW YORK: JPMorgan Chase said on Tuesday it was embarking on one of its most aggressive bank branch expansions in... Published 06 Feb, 2024 05:15pm
Markets Hong Kong stocks surge more than 3% on China support pledge HONG KONG: Shares in Hong Kong and mainland China soared Tuesday as Beijing ramped up efforts to bolster the... Published 06 Feb, 2024 12:11pm
Markets Oil buoyed by US signals on interest rate cuts LONDON: Oil prices edged higher on Thursday, boosted by the U.S. Federal Reserve signalling a possible start to... Updated 01 Feb, 2024 05:31pm
BR Research Oil prices: Resilient in tough times The Red Sea remains a battle zone. Vessels are rerouting despite a heavy presence of naval fleets to counter the... Published 24 Jan, 2024 07:46am
Business & Finance JPMorgan profit shrinks NEW YORK: JPMorgan Chase reported its best ever annual profit and forecast higher-than-expected interest income for... Published 15 Jan, 2024 05:03am
Markets S&P 500, Nasdaq climb as fresh data boosts rate-cut bets again NEW YORK: The benchmark S&P 500 and the Nasdaq rose on Friday after services sector data pointing to a weaker... Published 06 Jan, 2024 05:17am
Business & Finance Foreign inflows into Indian bonds spike to 6-year high in 2023 before index inclusion MUMBAI: Foreign investment in Indian government bonds saw a remarkable jump in the last three months of 2023, with... Published 02 Jan, 2024 05:21am
Markets Indian shares, bonds seen rallying in 2024 on continued foreign inflows MUMBAI: The bull-run in Indian financial markets is likely to continue in 2024 as foreign interest remains robust,... Published 01 Jan, 2024 05:40am
Business & Finance Indian rupee falls for sixth straight year MUMBAI: The Indian rupee’s decline in 2023 was the smallest in a six-year losing streak, while volatility hit... Published 30 Dec, 2023 06:28am
Markets Wall Street bank bosses warn lawmakers of economic toll from tough new rules WASHINGTON: JPMorgan chief executive Jamie Dimon and other major banks warned lawmakers Wednesday that capital hikes... Published 07 Dec, 2023 04:35am
Markets US natural gas futures decline NEW YORK: US natural gas futures dropped to their lowest in about two months on Friday and were set for a third... Published 26 Nov, 2023 03:31am
Markets Copper on track for another weekly gain LONDON: Copper prices in London were on track for a second consecutive weekly gain on Friday, helped by efforts to... Published 26 Nov, 2023 03:31am
Markets JPMorgan strategists advise opening a short in European banks, upgrade healthcare LONDON: Strategists at JPMorgan have advised opening a ‘short’ position in European banks, and moved the sector from... Published 30 Oct, 2023 01:01pm
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points