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Alibaba

Alibaba beats revenue estimates on demand for niche China shopping services

Alibaba Group Holding Ltd on Thursday beat expectations for fourth-quarter revenue, as growing demand for some of ...

Published 26 May, 2022 06:27pm

Markets

Asian markets drop after Wall Street battering

HONG KONG: Asian markets posted losses Thursday, after Wall Street suffered one of its worst batterings in two years...

Published 20 May, 2022 05:15am

Technology

Alibaba increases share buyback size to record $25bn

Alibaba raised its share buyback programme to $25 billion on Tuesday, the largest ever repurchase plan by the...

Published 22 Mar, 2022 12:09pm

Markets

Alibaba says profit fell 74% in 'volatile' environment

SHANGHAI: Chinese e-commerce giant Alibaba on Thursday said profit in the October-December period fell 74 percent,...

Published 24 Feb, 2022 06:06pm

Markets

Hong Kong stocks close with big losses

HONG KONG: Hong Kong stocks tumbled more than three percent Tuesday morning over fears about a possible...

Published 22 Feb, 2022 01:54pm

Technology

Alibaba shares slump 5% on Beijing's scrutiny of Ant Group

BEIJING: Shares in Alibaba slumped more than five percent on Tuesday following a report that Beijing regulators had...

Published 22 Feb, 2022 10:57am

Markets

China shares rise on consumer boost as investors rotate out of growth

SHANGHAI: Consumer firms lifted Chinese equities on Wednesday as investors reconsidered high valuations of growth...

Published 09 Feb, 2022 12:09pm

Markets

Tech, financials drag Hang Seng lower

SHANGHAI: Hong Kong shares ended lower on Tuesday, dragged down by tech giants and financial firms on concerns that...

Published 26 Jan, 2022 04:41am

Markets

HK shares close unchanged

HONG KONG: Hong Kong shares closed flat on Tuesday with gains in Wuxi Biologics and Tencent offset by losses in...

Published 12 Jan, 2022 04:25am

Business & Finance

Alibaba urges Pakistan businesses to use e-commerce platform

LAHORE: Country Manager of Alibaba for Pakistan Songsong has exhorted the businessmen from Lahore to use the...

Updated 07 Jan, 2022 12:00pm

SBP cuts realization period for exporters by 60 days

KARACHI: In order to ensure the timely arrival of foreign exchange, the State Bank of Pakistan (SBP) Wednesday...

Updated 06 Jan, 2022 09:56am

Opinion

Didi departure from NYSE marks end of Wall Street romance with Chinese big tech

The Chinese ride-hailing giant Didi Chuxing’s announcement that it will delist its shares from the New York Stock...

Published 06 Dec, 2021 06:19am

Markets

Didi departure from NYSE marks end of Wall Street romance with Chinese big tech

NEW YORK: The Chinese ride-hailing giant Didi Chuxing's announcement that it will delist its shares from the New ...

Published 05 Dec, 2021 10:40am

Opinion

Digital currency can make the financial system safer—II

The Bank of International Settlements in its own studies discovered that at least one-fifth of the world’s...

Updated 04 Dec, 2021 12:10pm

Technology

China's Twitter-like Weibo plans $547mn Hong Kong listing

BEIJING: US-listed Chinese microblogging platform Weibo is seeking to raise up to $547 million in a share offer in...

Published 29 Nov, 2021 10:20am

Markets

Tech firms drag Hong Kong shares

HONG KONG: Hong Kong shares closed lower on Tuesday for a fifth straight session, weighed down by lingering worries...

Published 24 Nov, 2021 05:18am

Markets

China fines tech giants for failing to report 43 old deals

BEIJING: China's market regulator on Saturday said it was fining companies including Alibaba, Baidu and JD.com for...

Published 20 Nov, 2021 10:51am

Markets

China stocks edge higher, Alibaba drags Hong Kong shares lower

SHANGHAI: China shares edged higher on Friday, helped by logistics stocks, while Alibaba put Hong Kong equities on...

Published 19 Nov, 2021 10:53am

Markets

Hong Kong-listed Alibaba dives more than 10% at open after profit plunge

HONG KONG: Shares in Chinese ecommerce giant Alibaba plunged more than 10 percent in Hong Kong on Friday morning, a...

Published 19 Nov, 2021 09:57am

Alibaba says profit falls 81pc

SHANGHAI: Chinese e-commerce leader Alibaba Group said on Thursday that its profit for the most recent quarter...

Published 19 Nov, 2021 04:35am

Business & Finance

Alibaba says profit falls 81% as China tech crackdown bites

SHANGHAI: Chinese e-commerce leader Alibaba Group said on Thursday that its profit for the most recent quarter...

Updated 18 Nov, 2021 06:00pm

Markets

Tech giants drag Hong Kong shares lower ahead of earnings

HONG KONG: Hong Kong shares settled lower on Wednesday, weighed down by tech giants ahead of third-quarter earnings...

Published 18 Nov, 2021 03:58am

Business & Finance

Alibaba, JD enjoy record Singles Day

SHANGHAI: Chinese ecommerce titan Alibaba enjoyed record sales during its Singles Day shopping extravaganza, giving ...

Published 13 Nov, 2021 04:08am

Technology

Yahoo leaves China for good

SHANGHAI: Yahoo said it had stopped allowing its services to be accessible from mainland China “in recognition of...

Published 03 Nov, 2021 03:54am

Markets

Tech, healthcare firms drag Hong Kong shares lower

HONGKONG: Hong Kong shares closed lower on Wednesday, dragged down by technology and healthcare firms, while ...

Published 28 Oct, 2021 04:06am

Business & Finance

Ecommerce Gateway signs agreement with Alibaba.com

LAHORE: The member company of Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) Ecommerce Gateway (Pvt)...

Published 16 Sep, 2021 04:02am

Markets

Asian markets hit by recovery worries as tech drags Hong Kong

After enjoying a broadly healthy run-up at the start of September, markets were again on the back foot as traders reassess their growth outlook for this year in light of the fast-spreading Delta variant

Published 09 Sep, 2021 10:34am

Business & Finance

Alibaba shares slide after $15bn 'prosperity' pledge

BEIJING: Shares in Alibaba slumped Friday upon the Chinese e-commerce giant's announcement it would invest 100...

Published 06 Sep, 2021 06:14am

Business & Finance

Alibaba shares slide after $15bn 'prosperity' pledge

Xi last month urged China's wealthiest companies and entrepreneurs to strengthen philanthropy efforts and give back to society

Published 03 Sep, 2021 02:43pm

Pakistan

‘Women development centres’ to be established in Punjab’s four varsities

LAHORE: The Women Development Department Punjab is going to set up “women development centres” in four major...

Published 26 Aug, 2021 04:52am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 27 786 Investments Limited(786)	5.25 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 27 Al-Abbas Sugar Mills Limited(AABS)	282.01 ▼ 0.00 (0.00%)
Agro Allianz / May 27 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 27 Allied Bank Limited(ABL)	70.73 ▼ 0.00 (0.00%)
Abbott Lab. / May 27 Abbott Laboratories (Pakistan) Limited(ABOT)	642.00 ▼ 0.00 (0.00%)
Abson Ind. / May 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 27 Alfalah Consumer Index ETF.(ACIETF)	9.50 ▼ 0.00 (0.00%)
Attock Cement / May 27 Attock Cement Pakistan Limited(ACPL)	81.37 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 27 786 Investments Limited(786)	5.25 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 27 Al-Abbas Sugar Mills Limited(AABS)	282.01 ▼ 0.00 (0.00%)
Agro Allianz / May 27 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 27 Allied Bank Limited(ABL)	70.73 ▼ 0.00 (0.00%)
Abbott Lab. / May 27 Abbott Laboratories (Pakistan) Limited(ABOT)	642.00 ▼ 0.00 (0.00%)
Abson Ind. / May 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 27 Alfalah Consumer Index ETF.(ACIETF)	9.50 ▼ 0.00 (0.00%)
Attock Cement / May 27 Attock Cement Pakistan Limited(ACPL)	81.37 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 26	202.40
USD PKR Interbank Buying / May 26	202.00
USD to Japanese Yen / May 26	127.04
USD to Swiss Franc / May 26	0.96
Pound Sterling to USD / May 26	1.26
Euro to USD / May 26	1.07
UK LIBOR % / May 26	0.82

Stock	Volume
S&P 500 / May 26	4057.84
India Sensex / May 26	54252.53
Tokyo Nikkei / May 26	26604.84
Nasdaq / May 26	11740.65
Hang Seng / May 26	20116.20
FTSE 100 / May 26	7564.92
Dow Jones / May 26	32637.19
Germany DAX 30 / May 26	14231.29
France CAC40 / May 26	6410.58

Item	Value
Crude Oil USD/Barrel / May 26	114.16
Karachi Cotton PKR/37.32 KG / May 26	21180.00
Gold 10 Grams PKR / May 26	118900.00
Gold Spot USD/Ounce / May 26	1855.80
Cotton US¢/pound / May 26	124.33

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