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Bitcoin back below $30,000; European regulators renew crypto warnings

HONG KONG: Cryptocurrencies resumed their slide on Monday, giving up the gains they had eked out over the weekend, ...

Updated 16 May, 2022 04:08pm

Markets

Bonfire of bitcoin: Why crypto assets are tumbling

LONDON: The lightning uptake of crypto assets like bitcoin had swelled a volatile sector to a valuation of roughly...

Published 16 May, 2022 05:42am

Markets

Bitcoin eyes record losing streak as ‘stablecoin’ collapse crushes crypto

SINGAPORE: Cryptocurrencies nursed large losses on Friday, with bitcoin pinned below $30,000 and set for a record...

Published 13 May, 2022 09:55am

Markets

Bitcoin's 2021 gains wiped out in stablecoin rout

Bitcoin drops to a low of $25,401.05, its lowest level since Dec. 28, 2020

Published 12 May, 2022 02:50pm

Markets

Bitcoin falls below $30,000, lowest since July 2021

TOKYO: Bitcoin slumped below $30,000 for the first time since July 2021 on Tuesday as cryptocurrencies track sinking...

Published 10 May, 2022 10:01am

Business & Finance

US dollar hits 20-year high as risk aversion dominates

NEW YORK: The US dollar was higher on Monday after reaching a twenty-year high as risk-off sentiment stemming in ...

Published 10 May, 2022 05:10am

Markets

Bitcoin falls to lowest since January, in line with tumbling stock markets

**HONG KONG: Bitcoin fell to its lowest level since January on Monday as slumping equity markets continued to hurt...

Published 09 May, 2022 10:22am

Business & Finance

C Africa’s leap into bitcoin leaves its people bemused

LIBREVILLE: In the Central African Republic (CAR), nine out of 10 people do not have internet, and only one in seven...

Published 09 May, 2022 05:39am

Business & Finance

US to impose sanctions on bitcoin ‘mixer’ company for aiding N Korea

NEW YORK: The United States announced sanctions Friday on virtual currency mixer Blender.io, saying the service was...

Published 08 May, 2022 07:53am

Markets

US to impose sanctions on bitcoin ‘mixer’ company for aiding North Korea

NEW YORK: The United States announced sanctions Friday on virtual currency mixer Blender.io, saying the service was...

Published 06 May, 2022 07:02pm

Life & Style

Gucci jumps on the crypto bandwagon with US project

Gucci’s high-end handbags and other luxury products can now be bought using cryptocurrencies, including bitcoin, in...

Published 06 May, 2022 01:14am

Business & Finance

Swiss National Bank opposed bitcoin as reserve currency

ZURICH: The Swiss National Bank is against buying and holding bitcoin as a reserve currency, Chairman Thomas Jordan...

Published 01 May, 2022 05:11am

Business & Finance

DAMAC Properties looks to cash in as Dubai embraces cryptocurrency

Luxury real estate developer announces will make it easier for cryptocurrency holders to buy real estate property

Updated 30 Apr, 2022 03:18am

Business & Finance

Bitcoin not a panacea for Africa’s economic woes: IMF

PARIS: Bitcoin is not a cure-all for Africa’s economic woes, the International Monetary Fund warned Thursday, ...

Published 29 Apr, 2022 05:43am

Markets

Bitcoin not a panacea for Africa’s economic woes: IMF

PARIS: Bitcoin is not a cure-all for Africa’s economic woes, the International Monetary Fund warned Thursday, after...

Published 28 Apr, 2022 08:57pm

Business & Finance

Central African Republic adopts bitcoin as legal currency

BANGUI, (Central African Republic): The Central African Republic has adopted bitcoin as legal tender, the...

Published 28 Apr, 2022 05:37am

Markets

10 billion reasons bitcoin could become a reserve currency

A crypto platform’s pledge to amass $10 billion worth of bitcoin to back its own “stablecoin” is firing up the...

Updated 12 Apr, 2022 09:29pm

Opinion

Crypto-curious corporations struggle to find right recipe

Four years ago, fried-chicken chain KFC tweeted from its Canadian account that it would accept bitcoin as payment ...

Published 11 Apr, 2022 05:23am

Markets

In Texas, crypto miners turn to solar power

NEW YORK: Two US tech companies, Block and Blockstream, are preparing to launch a fully solar-powered Bitcoin...

Published 09 Apr, 2022 09:38am

Business & Finance

Crypto markets, bitcoin steady with some Luna help

NEW YORK: Cheer returned to cryptocurrency markets this week, with the global crypto market cap holding steady above...

Published 04 Apr, 2022 05:38am

Markets

Buoyant bitcoin helps market cruise past $2 trillion

As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2...

Published 29 Mar, 2022 03:41pm

Markets

BlackRock’s Fink says Russia-Ukraine crisis could accelerate digital currencies

NEW YORK: BlackRock Inc’s chief executive, Larry Fink, said on Thursday that the Russia-Ukraine war could end up...

Published 24 Mar, 2022 12:19pm

Markets

US fintech Acorns to give users exposure to bitcoin via ProShares ETF

US financial technology firm Acorns will allow customers to use its app to invest up to 5% of their portfolio in...

Published 22 Mar, 2022 06:38pm

Business & Finance

Bitcoin to the rescue: cryptocurrencies’ role in Ukraine

LONDON: Cryptocurrencies have taken on an unprecedented role in the war in Ukraine, helping the government raise...

Published 21 Mar, 2022 07:48am

Markets

Cryptoverse: Bitcoin’s scared of commitment, Mr Biden

Bitcoin loves flirting with the mainstream. But now, as the US president says he wants to get serious, it may be...

Published 15 Mar, 2022 01:20pm

Markets

Bitcoin jumps after apparent Yellen statement quells US clampdown fears

TOKYO: Bitcoin led a rally in cryptocurrencies on Wednesday after what appeared to be a prematurely published US...

Published 09 Mar, 2022 01:33pm

Technology

Cryptoverse: The young HODLers keeping bitcoin on an even keel

Bitcoin’s been known to freak out when Elon Musk tweets a broken-heart emoji. So why isn’t it flying off the handle...

Published 08 Mar, 2022 01:57pm

Business & Finance

Cryptocurrencies in Pakistan: looking for a balance

KARACHI: As cryptocurrencies become increasingly popular among both retail and institutional investors around the...

Updated 08 Mar, 2022 09:53am

Business & Finance

Cryptocurrencies in a time of war

LONDON: Cryptocurrencies have been close to the headlines since Russia invaded Ukraine, with the ever-volatile...

Published 07 Mar, 2022 06:07am

Markets

Cryptoverse: Bitcoin gains conflict currency credentials

Bitcoin has leapt since Russia's invasion of Ukraine, bolstered by people in those countries looking to store and...

Updated 01 Mar, 2022 12:54pm

Gainers
Losers
Leaders

Stock	Price
B. F. Mod. / May 20 B.F. Modaraba(BFMOD)	6.00 ▲ 1.00 (20.00%)
Pak Gulf Leasing / May 20 Pak-Gulf Leasing Company Limited(PGLC)	6.00 ▲ 1.00 (20.00%)
Silk Bank Ltd / May 20 Silkbank Limited(SILK)	1.24 ▲ 0.16 (14.81%)
Paramount Mod / May 20 First Paramount Modaraba(FPRM)	8.00 ▲ 1.00 (14.29%)
Service Textile / May 20 Service Industries Textiles Limited(SERT)	10.90 ▲ 0.90 (9.00%)
Ruby Tex. / May 20 Ruby Textile Mills Limited(RUBY)	4.00 ▲ 0.30 (8.11%)
Aisha Steel Mill / May 20 Aisha Steel Mills Limited(ASL)	11.85 ▲ 0.86 (7.83%)
First Imrooz Mod. / May 20 First Imrooz Modaraba(FIMM)	134.38 ▲ 9.37 (7.50%)
Janana D Mal / May 20 Janana De Malucho Textile Mills Limited(JDMT)	55.04 ▲ 3.84 (7.50%)
Sapphire Textile / May 20 Sapphire Textile Mills Limited(SAPT)	1004.55 ▲ 70.05 (7.50%)

Stock	Price
East West Ins. / May 20 East West Insurance Company Limited(EWIC)	77.07 ▲ -12.49 (-13.95%)
Pak. P.V.C. / May 20 Pakistan PVC Limited(PPVC)	4.32 ▲ -0.42 (-8.86%)
Trust Mod. / May 20 Trust Modaraba(TRSM)	1.66 ▲ -0.14 (-7.78%)
Crescent Cotton / May 20 Crescent Cotton Mills Limited(CCM)	46.25 ▲ -3.75 (-7.50%)
Gatron Ind. / May 20 Gatron (Industries) Limited(GATI)	415.10 ▲ -33.65 (-7.50%)
AL-Noor Sugar / May 20 Al-Noor Sugar Mills Limited(ALNRS)	61.86 ▲ -5.01 (-7.49%)
Frontier Ceram / May 20 Frontier Ceramics Limited(FRCL)	29.60 ▲ -2.39 (-7.47%)
S.G.Power / May 20 S.G. Power Limited(SGPL)	4.45 ▲ -0.35 (-7.29%)
Imperial Limited / May 20 Imperial Limited(IML)	13.95 ▲ -1.06 (-7.06%)
Pace (Pak) Ltd. / May 20 Pace (Pakistan) Limited(PACE)	2.99 ▲ -0.22 (-6.85%)

Stock	Volume
Ghani Glo Hol / May 20 Ghani Global Holdings Limited(GGL)	15,051,376 ▼ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,323,000 ▼ 0.00
Silk Bank Ltd / May 20 Silkbank Limited(SILK)	13,067,500 ▼ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	9,576,000 ▼ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	7,490,536 ▼ 0.00
Fauji Cement / May 20 Fauji Cement Company Limited(FCCL)	6,985,000 ▼ 0.00
Unity Foods Ltd / May 20 Unity Foods Limited(UNITY)	6,435,098 ▼ 0.00
Engro Polymer / May 20 Engro Polymer & Chemicals Limited(EPCL)	5,808,622 ▼ 0.00
Pak Int.Bulk / May 20 Pakistan International Bulk Terminal(PIBTL)	5,229,500 ▼ 0.00
Pak Elektron / May 20 Pak Elektron Limited(PAEL)	5,056,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 19	199.00
USD PKR Interbank Buying / May 19	198.80
USD to Japanese Yen / May 19	128.45
USD to Swiss Franc / May 19	0.99
Pound Sterling to USD / May 19	1.23
Euro to USD / May 19	1.05
UK LIBOR % / May 19	0.82

Stock	Volume
S&P 500 / May 19	3923.68
India Sensex / May 19	54208.53
Tokyo Nikkei / May 19	26205.29
Nasdaq / May 19	11418.16
Hang Seng / May 19	20041.14
FTSE 100 / May 19	7438.09
Dow Jones / May 19	31490.07
Germany DAX 30 / May 19	14007.76
France CAC40 / May 19	6352.94

Item	Value
Crude Oil / May 19	110.10
Karachi Cotton Assoc. / May 19	21180.00
Gold 10 Grams / May 19	113300.00
Gold Spot / May 19	1815.89
Cotton / May 19	128.99

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