Stocks TSX hit by oil slump, Home Capital jumps on buyout deal Canada’s main stock index fell on Monday, tracking crude oil prices, while shares of Home Capital Group jumped after... Published 21 Nov, 2022 10:02pm
Forex Are Naya Pakistan Certificates losing their charm? Experts believe massive outflow in recent months is due to spike in global interest rates and uncertainty over Pakistan's economy Published 21 Nov, 2022 09:49pm
Stocks Wall St weighed down by energy shares, China curbs; Disney supports Dow Wall Street’s main indexes began the week on a dull note on Monday due to curbs in China and losses in energy stocks... Published 21 Nov, 2022 09:06pm
Energy Saudi Arabia eyes OPEC+ production increase: WSJ Saudi Arabia and other OPEC oil producers are discussing an output increase, the Wall Street Journal reported on... Published 21 Nov, 2022 08:34pm
Companies India proposes guidelines to combat fake online reviews and ratings NEW DELHI/BENGALURU: India launched a crackdown on Monday against fake consumer reviews and unverified ratings in a... Published 21 Nov, 2022 07:59pm
Forex C$ hits 11-day low as China COVID curbs clip sentiment TORONTO: The Canadian dollar weakened to its lowest level in 11 days against its U.S. counterpart on Monday as... Published 21 Nov, 2022 07:52pm
Stocks Most Gulf bourses fall on weak oil, Egypt ends six-day gain streak Saudi Arabia’s stock market ended lower on Monday amid falling oil prices, while the Egyptian index snapped six... Published 21 Nov, 2022 07:44pm
Stocks KSE-100 inches up in range-bound session Investors stay on sidelines as they await for announcement of new COAS Published 21 Nov, 2022 07:36pm
Stocks Markets mainly drop on fresh China Covid fears LONDON: Asian and European stocks mostly fell Monday, with investor sentiment hit by renewed Covid concerns in... Published 21 Nov, 2022 05:14pm
Companies ‘It’s over’: Twitter France’s head quits amid layoffs PARIS: Twitter Inc’s head of French operations, Damien Viel, said he was quitting the social media platform, whose... Published 21 Nov, 2022 04:54pm
Commodities New China COVID curbs push copper to two-week low LONDON: Copper prices slid to near two-week lows on Monday, pressured by fresh COVID curbs in top consumer China, a... Published 21 Nov, 2022 04:47pm
Commodities Palm firms as exports rise, ringgit falls JAKARTA: Malaysian palm oil futures closed higher on Monday after dropping to more than a month’s low earlier in the... Published 21 Nov, 2022 04:44pm
Stocks Sri Lankan shares on longest losing streak since early June Sri Lankan shares closed lower for a sixth straight session on Monday, as losses in energy and consumer staples... Published 21 Nov, 2022 04:41pm
Stocks Indian shares decline on China COVID woes, hawkish Fed BENGALURU: Indian shares closed at a near-two-week low on Monday, logging their third straight day of losses,... Published 21 Nov, 2022 04:36pm
Business & Economy Dar takes notice of ‘illegal, unwarranted leakage of tax info’ of COAS Bajwa’s family Directs SAPM on Revenue to lead immediate investigation into 'violation of tax law and breach of FBR data, affix responsibility and submit a report within twenty four hours' Updated 21 Nov, 2022 08:04pm
Companies Disney boots CEO, brings back Bob Iger to lead company NEW YORK: Disney ousted chief executive Bob Chapek on Sunday and announced that it had brought back former CEO Bob... Published 21 Nov, 2022 04:12pm
Companies Nespresso takes the plunge with compostable coffee capsules ZURICH: Nespresso is launching compostable coffee capsules next year in a bid to fend off competitors trying to... Published 21 Nov, 2022 02:43pm
Business & Economy Net FDI in Pakistan falls over 52% in first four months of FY23 Net Foreign Direct Investment (FDI) in Pakistan dropped 52.1% during the first four months of the ongoing fiscal ... Updated 21 Nov, 2022 07:25pm
South Asia India’s growth to slow in 2023 on fading reopening impact: Goldman Sachs MUMBAI: Goldman Sachs expects India’s economic growth to slow to 5.9% next year, from an estimated 6.9% growth in... Published 21 Nov, 2022 12:14pm
Forex Rupee continues to fall, settles at 223.66 against US dollar Currency has lost Rs2.24 or 1% against the greenback in the last seven trading sessions Updated 21 Nov, 2022 09:28pm
Money & Banking Pakistan's current account deficit clocks in at $567mn in October Increases 56% on month-on-month basis Deficit for July-October period, however, is nearly 47% lower on year-on-year basis Updated 21 Nov, 2022 10:37pm
Stocks Asia shares, oil prices slide on China COVID outbreaks SYDNEY: Asian share markets and oil prices slipped on Monday as investors fretted about the economic fallout from... Published 21 Nov, 2022 08:20am
Forex Dollar edges higher as China COVID worries spur defensive buying SINGAPORE: The U.S. dollar started the week on the front foot, boosted by defensive buying as investors remained on... Published 21 Nov, 2022 08:13am
Commodities Gold ticks lower as dollar firms; focus on Fed cues Gold crept lower on Monday, after marking its worst week in five, pressured by a pop in the dollar while traders... Published 21 Nov, 2022 08:05am
Industry PBF for ending political uncertainty to spur economic activity LAHORE: Pakistan Businesses Forum (PBF) on Sunday expressed deep concern over the current economic and political... Published 21 Nov, 2022 07:57am
Companies ‘Pakistan’s first energy booster fruit juice’ launched PESHAWAR: Iftekhar Ahmed & Company (IAC), one of Pakistan’s leading exporters of fresh fruits and value-added... Published 21 Nov, 2022 07:56am
Energy Oil prices hit 10-month low on OPEC+ production boost report WSJ report suggests Saudi Arabia and other OPEC oil producers are discussing output increase Updated 21 Nov, 2022 09:21pm
Companies Liberty Steel reaches deal with Greensill creditors LONDON: Liberty Steel, a division of Indian-British steel giant GFG Alliance, announced Tuesday that it has reached ... Published 21 Nov, 2022 07:50am
Real Estate Saudi firm partners with Trump on Oman golf project RIYADH: A Saudi real estate firm has partnered with the Trump Organisation on a $4 billion golf and real estate... Published 21 Nov, 2022 07:33am
Companies Tesla recalls 321,000 vehicles in the US for tail light problem NEW YORK: Tesla has recalled more than 321,000 vehicles in the United States because of a tail light issue, in the... Published 21 Nov, 2022 07:22am
Taxes Gap between the haves and the have-nots creates distortions: FCCI FAISALABAD: Dr. Khurram Tariq President Faisalabad Chamber of Commerce & Industry (FCCI) has welcomed the court... Published 21 Nov, 2022 07:13am
Football exports witness 62.22pc increase ISLAMABAD: Footballs exports during the first four months of fiscal year of 2022-23 increased by 62.22 percent as... Published 21 Nov, 2022 07:11am
MENA Dubai’s SmartCrowd is using tech to give Pakistanis ‘transparent’ way of investing in properties App, which is expanding into Pakistan, is aimed at locals and expats Founder says it could potentially even be linked to Roshan Digital Accounts Published 21 Nov, 2022 05:59am
Money & Banking Collapsed FTX owes nearly $3.1bn to top 50 creditors NEW YORK: Cryptocurrency exchange FTX, which has filed for US bankruptcy court protection, said it owes its 50... Published 21 Nov, 2022 05:59am
Industry Export demand: Dar to meet owners of sugar mills ISLAMABAD: Finance Minister Ishaq Dar will hold a meeting with sugar mill owners today (Monday) to mull over the... Published 21 Nov, 2022 05:59am
Industry US consulate, local partners observe Global Entrepreneurship Week KARACHI: The US Consulate Karachi in collaboration with local partners celebrated Global Entrepreneur-ship Week... Published 21 Nov, 2022 05:59am
Companies OMEGA hosts event to mark launch of ‘Her Time’ expo in Bankok KARACHI: To officially launch the spectacular “Her Time” exhibition in Bangkok, OMEGA has hosted a glamorous... Published 21 Nov, 2022 05:59am
Industry BMP calls for smooth gas supply to industry during winter LAHORE: Complaining about the energy shortages, the Businessmen Panel (BMP) of the Federation of Pakistan Chambers ... Published 21 Nov, 2022 05:59am
Real Estate ‘7 Wonders City, Multan’: GSF Builders and Developers hold dealers’ convention LAHORE: Dealers Convention for the 7 Wonders City, Multan, was held successfully by GSF Builders and Developers at a... Published 21 Nov, 2022 05:59am
Money & Banking UAE’s Invest Bank selects Temenos to accelerate digital transformation in partnership with NdcTech KARACHI: Invest Bank, a premier commercial bank in UAE, has selected Temenos (SIX: TEMN) to take its digital and ... Published 21 Nov, 2022 05:59am
Industry Tea, coffee can be imported from Ethiopia at affordable rates, says envoy KARACHI: Ambassador of Ethiopia and Plenipotentiary Jemal Beker Abdula has said that his country has surplus tea as... Published 21 Nov, 2022 05:59am
Industry Sindh governor to lead delegation of businessmen to Ethiopia KARACHI: Governor Sindh Kamran Khan Tessori has agreed to lead a delegation of Pakistani businessmen who was likely... Published 21 Nov, 2022 05:59am
Money & Banking Dollar gains with bond yields up, Fed in focus NEW YORK/LONDON: The dollar gained slightly on Friday and remained on track for its largest weekly gain in over a... Published 21 Nov, 2022 05:59am
Money & Banking Sterling rises after retail sales partial recovery LONDON: Sterling rose on Friday after better-than-expected retail sales for Britain a day after finance minister... Published 21 Nov, 2022 05:59am
Money & Banking Rouble holds between 60-61 vs dollar MOSCOW: The Russian rouble traded in a narrow range against the dollar on Friday, weighed down by oil prices... Published 21 Nov, 2022 05:59am
Money & Banking Chinese yuan rises SHANGHAI: China’s yuan strengthened against the dollar on Friday, reversing two days of losses, recovering after... Published 21 Nov, 2022 05:59am