Stocks US stocks gain after earnings as bitcoin fund debuts NEW YORK: US stocks advanced early Tuesday, extending a positive stretch following generally solid earnings as a new... Published 19 Oct, 2021 08:07pm
Mideast economy recovering but social unrest on the rise: IMF DUBAI: The Middle East and North Africa is on track to economic recovery, but rising social unrest and unemployment... Published 19 Oct, 2021 05:37pm
UK retailer Tesco opens first check-out free store LONDON: Britain's biggest retailer Tesco on Tuesday opened its first check-out free food store in the wake of ... Published 19 Oct, 2021 05:32pm
Afghanistan's economic collapse could prompt refugee crisis: IMF Economy is set to contract up to 30% this year, says lender Updated 20 Oct, 2021 08:38am
Companies Ericsson plans cut in China ops on Huawei backlash, flags supply chain issues STOCKHOLM: Sweden's Ericsson announced on Tuesday plans to reduce its operations in China after suffering a big ... Published 19 Oct, 2021 04:54pm
Companies India aluminium producers draw costly power from grid, hurting utilities low on coal CHENNAI: India's aluminium producers are drawing expensive power from the national grid and adding to pressure on... Published 19 Oct, 2021 04:53pm
Companies J&J raises 2021 profit view, keeps vaccine sales outlook unchanged Johnson & Johnson on Tuesday raised its adjusted profit forecast for 2021, even as it stuck to its outlook of... Published 19 Oct, 2021 04:51pm
Stocks Indian stocks end lower as metals, banks drag; ITC slumps 6% BENGALURU: Indian shares snapped a seven-session winning streak on Tuesday, dragged down by metal and bank stocks,... Published 19 Oct, 2021 04:50pm
Risk of higher euro zone inflation on the rise: ECB's Vasle LJUBLJANA: Euro zone inflation is at risk of overshooting projections so the European Central Bank needs to ... Published 19 Oct, 2021 04:36pm
Energy Middle East Crude-Benchmarks hold steady; ESPO climbs on China demand SINGAPORE: Middle East crude benchmarks Oman and Dubai held steady on Tuesday, while ESPO premiums touched near... Published 19 Oct, 2021 04:34pm
Companies SoftBank, Amazon, Accel invest $108mn in banking platform Pismo SAO PAULO: Brazilian banking and payments tech platform Pismo raised $108 million in an investment round led by... Published 19 Oct, 2021 04:32pm
Energy China's Sinopec builds 3rd hydrogen filling station in Shanghai SINGAPORE: Top Asian oil refiner Sinopec Corp said on Tuesday it built a third hydrogen fuel filling station in... Published 19 Oct, 2021 04:31pm
Forex Forint outperforms region ahead of central bank rate meeting BUDAPEST: The Hungarian forint led gains in the region on Tuesday as some investors were betting on the central bank... Published 19 Oct, 2021 04:27pm
Energy Oil prices rise on China energy demand concerns LONDON: Oil prices rose on Tuesday as a supply crunch in natural gas, electricity and coal continued across the ... Updated 19 Oct, 2021 04:27pm
Commodities China coal hits record high amid tight supplies Prices are up more than 260% year to date Updated 20 Oct, 2021 08:40am
Financial Japan's 10-year bond yields track U.S. Treasury yields lower TOKYO: Japan's benchmark 10-year government bond yields fell on Tuesday, tracking U.S. Treasury yields, while a... Published 19 Oct, 2021 03:16pm
Stocks Saudi index hits 15-year peak as most Gulf bourses gain Saudi stocks scaled a more than 15-year high on Tuesday, rising for a fifth session in six and leading gains in the... Published 19 Oct, 2021 02:45pm
Forex Sterling hits four-week high vs dollar as rate hike anticipation builds LONDON: Sterling hit a four-week high against the dollar on Tuesday as expectations mount that central bank... Published 19 Oct, 2021 02:37pm
Stocks World stocks at 1-month high as bond yields soften LONDON: World stocks climbed to a one-month high on Tuesday as a rally in technology shares and prospects of solid... Updated 19 Oct, 2021 02:31pm
Stocks S.Korean stocks rebound on tech boost, easing China property woes SEOUL: Round-up of South Korean financial markets: South Korean shares ended higher on Tuesday, boosted by tech... Published 19 Oct, 2021 01:03pm
Forex South Africa's rand gains as dollar falls back JOHANNESBURG: South Africa's rand rose on Tuesday, gaining back some ground lost a day earlier thanks to a softer... Published 19 Oct, 2021 12:59pm
Commodities Copper rises as inventories plunge to decades-low Copper prices rose on Tuesday, buoyed by decades-low supplies and an extreme shortage of readily available metal in... Published 19 Oct, 2021 12:47pm
Bitcoin nears record high ahead of futures ETF listing SINGAPORE: Bitcoin hit a six-month high and was within striking distance of a record on Tuesday as traders bet an... Published 19 Oct, 2021 12:42pm
Stocks FTSE 100 flat as rate hike risks counter mining gains; Bellway jumps London's FTSE 100 was subdued on Tuesday, as gains in retail and mining stocks were offset by rate-hike risks, while... Published 19 Oct, 2021 12:29pm
Forex China's yuan jumps to 4-month high as property concerns ebb SHANGHAI: China's yuan leapt to a four-month high against the dollar on Tuesday, aided by market expectations that... Published 19 Oct, 2021 12:19pm
Energy Oil prices reverse earlier losses on China energy demand concerns TOKYO: Oil prices rose on Tuesday, recouping earlier losses, as falling temperatures in China, the world's biggest... Published 19 Oct, 2021 12:14pm
Stocks Australian shares fall slightly as BHP leads miners lower Australian shares closed slightly lower on Tuesday after a volatile session of trade, weighed down by miners as BHP... Published 19 Oct, 2021 12:07pm
Forex Australian dollar rises on growing bets of RBA tightening SYDNEY: The Australian dollar rose on Tuesday on growing expectations that the central bank will be forced to ... Published 19 Oct, 2021 12:03pm
Forex Dollar softens amid bets other central banks to outpace Fed tightening TOKYO: The dollar languished near the bottom of its recent range against major peers on Tuesday, knocked back by ... Published 19 Oct, 2021 11:57am
Stocks Hong Kong stocks open higher HONG KONG: Hong Kong shares kicked off Tuesday morning with more gains following a healthy Wall Street lead fuelled... Published 19 Oct, 2021 11:40am
Commodities Gold climbs as dollar, Treasury yields weaken Gold prices gained on Tuesday, with a weaker dollar and US bond yields providing some support to the precious metal,... Published 19 Oct, 2021 10:53am
Companies Spotify to hire hundreds to drive ad sales in Europe, Australia, Canada STOCKHOLM: Spotify is planning to hire hundreds of staff to boost its advertising sales in Europe and elsewhere, as... Published 19 Oct, 2021 10:33am
Stocks Australia shares set to dip at open, NZ flat Australian shares are set to fall on Tuesday, likely hurt by losses in miners and energy stocks on the back of... Published 19 Oct, 2021 10:17am
Forex Rupiah rises ahead of BI meeting as Asian currencies climb The Indonesian rupiah was firm on Tuesday ahead of the country's central bank meeting, as all Asian currencies ... Published 19 Oct, 2021 10:13am
Taxes Tax Ombudsman vows to eradicate 'maladministration' in FBR LAHORE: Federal Tax Ombudsman (FTO) Dr Muhammad Asif Jah has said the institution of FTO is using all legal powers... Published 19 Oct, 2021 03:52am
FPCCI voices its concern over surging food inflation KARACHI: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Mian Nasser Hyatt Maggo has... Published 19 Oct, 2021 03:52am
Industry Toyota to invest $3.4bn into US battery production TOKYO: The world's biggest carmaker Toyota unveiled plans on Monday to invest $3.4 billion into automotive batteries... Published 19 Oct, 2021 03:52am
Money & Banking Sterling steadies near 20-month high vs euro LONDON: Sterling steadied near a 20-month high versus the euro on Monday after Bank of England Governor Andrew ... Published 19 Oct, 2021 03:52am
Money & Banking Dollar firms NEW YORK: The dollar gained slightly on the day on Monday as Treasury yields rose on expectations the Federal ... Published 19 Oct, 2021 03:52am
Industry PTEA chief-led delegation meets FCCI president FAISALABAD: All trade bodies are united on the platform of Faisalabad Chamber of Commerce & Industry (FCCI) ... Published 19 Oct, 2021 03:52am
Companies PTCL Group posts over 7pc growth in revenues KARACHI: The country's leading telecom and ICT services provider, Pakistan Telecommunication Company Limited (PTCL),... Published 19 Oct, 2021 03:52am
Companies Jazz recognised as telecom sector's most preferred employer ISLAMABAD: Jazz, Pakistan's number one 4G operator and the largest internet and broadband service provider, has been... Published 19 Oct, 2021 03:52am
Companies Byco wins Best Place to Work Award 2021 KARACHI: Byco Petroleum Pakistan Limited (BPPL) has won the Best Place to Work Award 2021 at an event in Karachi. ... Published 19 Oct, 2021 03:52am
Industry Customs values of polyester, acrylic pile fabric for blankets revised KARACHI: Directorate General Customs Valuation (DGCV) has revised the Customs values of polyester/acrylic pile ... Published 19 Oct, 2021 03:52am
Industry Steps being taken to improve sewerage system, industrialists told KARACHI: Vice Chairman of Karachi Water and Sewerage Board (KWSB), Najmi Alam has assured industrialists that ... Published 19 Oct, 2021 03:52am
Industry US industrial output drops 1.3pc in Sept amid supply issues: Fed WASHINGTON: Output by US industries fell 1.3 percent last month amid continued supply constraints hindering... Published 19 Oct, 2021 03:52am
Industry Ford to drive electric transformation at UK car plant LONDON: US auto giant Ford on Monday unveiled plans to convert a UK factory into its first component assembly site... Published 19 Oct, 2021 03:52am
Forex Dollar edges lower after weak US factory production data NEW YORK: The dollar dipped on Monday after data showed production at US factories fell by the most in seven months... Published 19 Oct, 2021 01:53am
Stocks S&P, Nasdaq enjoy boost from big tech firms, Dow dips The S&P and Nasdaq were gaining on Monday with a helping hand from heavyweight technology companies as investors... Updated 19 Oct, 2021 01:53am
Companies Apple unveils two new MacBooks, AirPods and a $5 music streaming service Apple Inc on Monday launched two new MacBook Pro models powered by new in-house Apple Silicon chips as well as a new... Published 19 Oct, 2021 12:56am
Commodities Gold pressured by rising US Treasury yields Gold edged lower on Monday as a rise in US Treasury yields dented its appeal, although a risk-off sentiment in wider... Published 19 Oct, 2021 12:53am
Forex Turkish lira at new low with little reprieve in sight ISTANBUL: Turkey's lira sank to a new all-time low against the dollar on Monday and analysts saw little reprieve... Updated 19 Oct, 2021 12:53am