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JPMorgan Chase

JPMorgan Chase profits jump despite higher costs for bad loans

NEW YORK: JPMorgan Chase reported higher second-quarter profits Friday thanks to better results in investment...

Published 12 Jul, 2024 05:33pm

Markets

European shares hit 1-month high on upbeat earnings, Fed rate-cut hopes

European shares advanced on Friday and were set for a second consecutive weekly gains on upbeat earnings updates,...

Published 12 Jul, 2024 02:32pm

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

Business & Finance

Kitchen sponge maker Scrub Daddy explores sale

NEW YORK: Scrub Daddy, the kitchen sponge maker that gained popularity after securing an investment on US TV show...

Published 30 Mar, 2024 05:27am

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

Business & Finance

Citi hires banking head from JPMorgan, prompting reshuffle of bosses

NEW YORK: Citigroup appointed Viswas Raghavan from JPMorgan Chase as its new head of banking, prompting a wave of...

Published 27 Feb, 2024 03:06am

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

Asian shares rise as US rate cut fever lingers, oil holds gains

SYDNEY: Asian shares tracked Wall Street higher on Wednesday as US rate cut fever lingered near the year’s end,...

Published 20 Dec, 2023 10:15am

World

US business leaders start to rally around Republican candidate Nikki Haley

NEW YORK: A growing number of US business leaders are rallying behind former South Carolina governor Nikki Haley as...

Published 10 Dec, 2023 12:42pm

Technology

Payments app Zelle begins refunds for imposter scams after Washington pressure

Banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer protection...

Published 13 Nov, 2023 11:02am

Markets

S&P 500, Nasdaq down

BENGALURU: The S&P 500 and the Nasdaq fell on Friday, as a decline in megacap stocks overshadowed upbeat...

Published 14 Oct, 2023 05:32am

Business & Finance

JPMorgan Chase profits jump, warns inflation could persist

NEW YORK: JPMorgan Chase reported another highly profitable quarter Friday, but warned inflation could persist and...

Published 14 Oct, 2023 05:32am

Markets

JPMorgan Chase profits jump, warns inflation could persist

NEW YORK: JPMorgan Chase reported another highly profitable quarter Friday, but warned inflation could persist and...

Published 13 Oct, 2023 05:23pm

Markets

JP Morgan now forecasts 4% peak for key ECB rate

JP Morgan said on Friday it expected the European Central Bank to hike interest rates by another 25 basis points in...

Published 16 Jun, 2023 11:23am

World

Bill Gates in China to meet with development partners

BEIJING: Bill Gates was in China on Thursday to meet with global health and development partners, following a string...

Published 15 Jun, 2023 11:31am

Business & Finance

JPMorgan Chase invests $200mn on carbon removal

NEW YORK: JPMorgan Chase announced Tuesday it has signed long-term agreements to purchase $200 million worth of...

Published 23 May, 2023 09:55pm

Markets

Asia stocks steady despite China data miss, helped by weaker dollar outlook

HONG KONG: Asia stocks mostly held firm on Tuesday despite weaker-than-expected Chinese economic data, with...

Published 16 May, 2023 10:19am

Markets

Lira slides, dollar bonds tumble as presidential runoff looms

LONDON: Turkiye lira held near a two-month low, its sovereign dollar bonds tumbled and the cost of insuring exposure...

Published 15 May, 2023 12:30pm

Markets

Buffett faults US government handling of banking crisis

NEW YORK: Investment tycoon Warren Buffett said Saturday that messaging from the US government over the regional...

Published 07 May, 2023 02:30pm

IMF says more vulnerabilities in banking sector may be exposed

BEVERLY HILLS, (California): International Monetary Fund Managing Director Kristalina Georgieva said on Monday she...

Updated 02 May, 2023 08:46am

Markets

Bank rescues ease crisis fears but investors worry it’s not enough

A $30 billion lifeline for First Republic Bank hosed down market fears about an imminent banking collapse on Friday,...

Published 17 Mar, 2023 12:08pm

Markets

Wall Street giants move to rescue First Republic Bank

NEW YORK: America’s largest banks moved Thursday to shore up First Republic, easing fears that the regional lender...

Published 17 Mar, 2023 11:34am

Markets

JPMorgan: Credit Suisse takeover, especially by UBS is ‘most likely scenario’

LONDON: Wall Street bank JPMorgan said on Thursday that Credit Suisse being taking over by another lender, most...

Published 16 Mar, 2023 12:25pm

Business & Finance

Biden pledges ‘whatever needed’ as banks feel force of SVB fallout

NEW YORK: US President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the...

Published 14 Mar, 2023 03:18am

Markets

JPMorgan, PNC among suitors for SVB Financial in deal excluding SVB Bank

JPMorgan Chase & Co and PNC Financial Service Group Inc are among those in talks about acquiring SVB Financial...

Published 13 Mar, 2023 10:21am

Markets

Global bank shares sink over US fears

PARIS: The world’s biggest banks took a stock market beating on Friday as signs of trouble at a US regional lender...

Published 10 Mar, 2023 03:31pm

Markets

JPMorgan estimates Turkiye direct quake damage at $25bn, expects rate cut

LONDON: Direct costs from the destruction of physical structures in Turkiye from the devastating earthquake on Feb....

Updated 16 Feb, 2023 08:51pm

Business & Finance

BNP Paribas posts record profit of 10.2bn euros

PARIS: French bank BNP Paribas posted Tuesday a record profit of 10.2 billion euros, the latest in a series of...

Published 13 Feb, 2023 05:57am

Pakistan

JPMorgan says Pakistan's troubles justify slump in bond prices

Bonds have plunged to around 33-35 cents on the dollar this month which leaves them at just a third of their face value and broadly in line with other countries seen as at risk of default such El Salvador, Ghana and Ecuador

Updated 19 Oct, 2022 10:34pm

Business & Finance

JPMorgan Chase reports lower profits

NEW YORK: JPMorgan Chase reported a drop in third-quarter profits Friday as it set aside funds for potential loan...

Published 17 Oct, 2022 06:37am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 25	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 25 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 25 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 25 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 25 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 25 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 25 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 25 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 25 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 25 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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