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Chinese tech giant Tencent posts 8% revenue growth in Q3

BEIJING: Chinese tech giant Tencent on Wednesday posted an eight percent year-on-year expansion in third-quarter...

Published 13 Nov, 2024 03:22pm

World

What Trump’s 2024 election win means for Asian companies

Donald Trump has been elected US president, capping a remarkable comeback four years after he was voted out of the...

Published 07 Nov, 2024 11:45am

Technology

Tencent Music beats quarterly revenue estimates

China’s Tencent Music Entertainment Group beat fourth-quarter revenue estimates on Tuesday, driven by growth in paid...

Published 19 Mar, 2024 02:50pm

Technology

China’s Tencent takes over two ByteDance video game teams

HONG KONG: China’s Tencent has taken over two ByteDance video games units after ByteDance retreated from the gaming...

Published 14 Mar, 2024 01:45pm

Technology

Tencent working on mobile version of hit console game ‘Elden Ring’, sources say

HONG KONG: China’s Tencent Holdings has been working to adapt acclaimed action role-playing console game “Elden...

Published 06 Feb, 2024 01:52pm

Technology

China’s Tencent fires more than 120 workers for fraud

BEIJING: Chinese tech giant Tencent said it last year dismissed more than 120 employees for violating its anti-fraud...

Published 04 Feb, 2024 10:53am

Technology

Tencent chief says gaming business under threat, catching up in AI

HONG KONG: Pony Ma, chief executive and co-founder of Tencent Holdings, has said that the company’s video games...

Published 30 Jan, 2024 10:42am

Technology

Tencent’s Riot Games to lay off about 11% of staff

Tencent Holdings’ Riot Games plans to lay off 530 employees, or about 11% of its staff globally, the online gaming...

Published 23 Jan, 2024 10:01am

Technology

Tencent turns to ByteDance in gaming showdown with NetEase

HONG KONG: Tencent Holdings is relying on one-time bitter rival ByteDance to promote its most important video game...

Published 18 Dec, 2023 11:22am

Technology

Tencent launches party game ‘DreamStar’, analysts say poses a threat to NetEase

HONG KONG: Chinese tech giant Tencent Holdings on Friday launched “DreamStar”, a new party game that has been widely...

Published 15 Dec, 2023 09:46am

Technology

Tencent reveals most ambitious game yet for consoles amid global expansion

HONG KONG: Chinese tech giant Tencent Holdings unveiled on Friday a big-budget console game named Last Sentinel, a...

Published 08 Dec, 2023 10:22am

Technology

China lists mobile app stores that comply with new rule, but Apple missing

HONG KONG: China’s cyberspace regulator released on Wednesday names of the first batch of mobile app stores that...

Published 27 Sep, 2023 11:18am

Business & Finance

New Alibaba Group CEO lays out strategic priorities for staff

SHANGHAI: New Alibaba Group CEO Eddie Wu has told staff the tech giant’s two main strategic focuses going forward...

Published 12 Sep, 2023 09:56am

Technology

Tencent claims new AI chat bot skills comparable to ChatGPT

SHANGHAI: Chinese tech giant Tencent on Thursday claimed its new chatbot had some capabilities on par with top US...

Published 07 Sep, 2023 12:52pm

Technology

China slowdown creates cheap thrills for Tencent

HONG KONG: China’s economic woes have gifted Tencent an unexpected silver lining. The $400 billion technology titan...

Published 17 Aug, 2023 12:32pm

Technology

ByteDance’s Douyin and Tencent bury hatchet, reach video cooperation pact

BEIJING: Douyin, the Chinese counterpart of TikTok, and internet giant Tencent have agreed to explore the joint...

Published 07 Apr, 2023 10:00am

Business & Finance

Gaming giant Tencent’s 2022 annual net profit falls 16pc

BEIJING: Chinese gaming giant Tencent’s profits fell steeply last year, according to an earnings report released...

Published 27 Mar, 2023 06:15am

Technology

ChatGPT frenzy sweeps China as firms scramble for home-grown options

HONG KONG: Microsoft-backed OpenAI has kept its hit ChatGPT app off-limits to users in China, but the app is...

Published 13 Feb, 2023 01:54pm

Technology

China’s Tencent fires more than 100 for fraud, embezzlement

BEIJING: Chinese tech giant Tencent said Monday it had fired more than a hundred employees for violating company...

Published 16 Jan, 2023 12:12pm

Technology

Tencent bets big on WeChat Channels in push to build its own TikTok

HONG KONG: On a hot summer’s day last year, the 90’s boy band Backstreet Boys clambered on to a stage in...

Published 13 Jan, 2023 11:40am

Technology

China approves 45 imported video games in December

BEIJING: China’s online game regulator granted publishing licences to 45 foreign video games for release in the...

Published 28 Dec, 2022 02:20pm

Technology

China’s Tencent wins first game licence in 18 months

BEIJING: China has granted tech giant Tencent its first licence for a video game in 18 months, ending a dry spell...

Published 18 Nov, 2022 11:34am

Technology

China approves 70 games in November, including Tencent’s ‘Metal Slug’

HONG KONG: China’s video games regulator on Thursday granted publishing licences to 70 online games, including...

Published 17 Nov, 2022 06:23pm

Technology

Hounded at home, China’s video game firms welcomed in Europe

PARIS: China is investing billions in Europe’s video game industry, but analysts have warned that there could be...

Published 16 Oct, 2022 10:14am

Technology

Tencent shifts focus to majority deals, overseas gaming assets for growth

HONG KONG: Tencent is resetting its M&A strategy to put more focus on buying majority stakes mainly in overseas...

Published 01 Oct, 2022 02:05pm

Technology

Tencent Music shares open at HK$18 each in Hong Kong debut

HONG KONG: China’s Tencent Music Entertainment Group shares started trading at HK$18 ($2.29) each in the company’s...

Published 21 Sep, 2022 11:47am

Technology

China approves 73 games including one under NetEase, but none for Tencent

HONG KONG: China’s gaming regulator granted publishing licences for 73 online games on Tuesday, including titles...

Published 13 Sep, 2022 06:21pm

Business & Finance

China regulator fines Alibaba, Tencent for disclosure violations

SHANGHAI: China has imposed fines on technology giants Alibaba and Tencent as well as a range of other firms for...

Published 10 Jul, 2022 10:52am

Markets

Ex-TikTok gaming head to launch blockchain games startup as big players keep away

HONG KONG: The former head of short video giant TikTok’s gaming unit, Jason Fung, is launching a blockchain gaming...

Published 05 Jul, 2022 05:06pm

Technology

Tencent Music’s Q1 revenue downbeat, shares rise amid hopes for regulatory easing

HONG KONG: China’s Tencent Music Entertainment posted a 15% slump in first-quarter revenue, matching expectations,...

Published 17 May, 2022 11:03am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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