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El Salvador first country to approve bitcoin as legal tender

El Salvador's main currency is the US dollar
It remains unclear how the country plans to implement bitcoin as a functioning currency

Published 09 Jun, 2021 05:31pm

Markets

Bitcoin proves double-edged sword for criminals

"Following the money remains one of the most basic, yet powerful, tools we have," US Deputy Attorney General Lisa Monaco said on Monday.

Published 09 Jun, 2021 11:04am

Business & Finance

Bitcoin outflows hit record high

NEW YORK: Bitcoin funds and products posted record outflows last week as investors continued to cast a cautious eye...

Published 09 Jun, 2021 03:29am

Business & Finance

China blocks several cryptocurrency-related social media accounts amid crackdown

SHANGHAI: A slew of crypto-related accounts in China’s Twitter-like Weibo platform were blocked over the weekend,...

Published 08 Jun, 2021 04:09am

Business & Finance

Musk tweets bruise bitcoin

LONDON/SINGAPORE: Bitcoin fell more than 7% on Friday, with tweets by Tesla boss Elon Musk that appeared to lament a...

Published 07 Jun, 2021 03:34am

Opinion

Miami, looking to be next crypto hotspot, hosts huge bitcoin event

Thousands of people have descended on Miami for a massive two-day bitcoin conference that opened Friday — a sign...

Published 06 Jun, 2021 02:56am

Business & Finance

Ethereum rises 8pc; bitcoin firms

LONDON: Cryptocurrency Ethereum extended gains to rise more than 8% on Monday to $2,587 but remained 40% below a...

Published 01 Jun, 2021 04:59am

Markets

Ethereum extends gains to rise 8pc; bitcoin firms

Larger rival Bitcoin also gained in its wake with the world's biggest and best-known cryptocurrency rising 3.7% to $36,977 in quiet trading with London and US markets shut for holidays.
Bitcoin has been less volatile in recent days but is down by more than 35% this month, weighed by growing regulatory pressures on the sector.

Published 31 May, 2021 07:40pm

Business & Finance

Bitcoin falls 5.2pc, Ether down 6.3pc

NEW YORK/LONDON: Bitcoin dipped 5.16% to $33,849.47 at 18:00 GMT on Saturday, losing $1,842.99 from its previous...

Published 30 May, 2021 03:51am

Business & Finance

Cryptos turn choppy as bounce momentum ebbs

SINGAPORE: Cryptocurrencies slipped on Thursday but without falling through recent lows, as enough traders clung to...

Published 28 May, 2021 04:08am

Business & Finance

Bitcoin climbs above $40,000

NEW YORK: Bitcoin climbed back above $40,000 on Wednesday for the first time this week, before edging off its highs,...

Published 27 May, 2021 03:40am

Markets

Bitcoin reclaims $40,000 as crypto volatility lingers

Bitcoin plumbed $30,066 last week, its lowest since January, in highly volatile trading.

Published 26 May, 2021 02:50pm

Markets

Asian shares gain, dollar soft as Fed calms inflation fears

Global benchmark Brent crude was up 5 cents at $68.70 and US crude fell 3 cents to $66.04 per barrel.

Updated 26 May, 2021 11:11am

Markets

Frankfurt stocks hit record peak, euro jumps as outlook brightens

Frankfurt's DAX 30 index soared to an all-time peak at 15,568.60 points, before trimming gains in early afternoon deals.

Published 25 May, 2021 05:58pm

Markets

Asian markets rally as inflation fears ease

Hong Kong jumped 1.8 percent, Shanghai climbed more than two percent, while Sydney put on one percent with Jakarta and Taipei up even more.

Published 25 May, 2021 04:47pm

Business & Finance

Cryptocurrencies bounce back from Sunday sell-off, bitcoin still down 30% in May

Crypto market players said fears over the China crackdown would likely linger.

Published 25 May, 2021 11:13am

Business & Finance

Cryptocurrencies bounce back

NEW YORK: Cryptocurrencies rebounded on Monday, reclaiming ground lost during a bout of weekend selling that was...

Published 25 May, 2021 04:40am

Business & Finance

Early trade in NY: Dollar hangs near 4-month lows

NEW YORK: The dollar languished near four-month lows against major currencies on Monday as bets on a robust global...

Published 25 May, 2021 04:40am

Business & Finance

EXCLUSIVE HSBC CEO says Bitcoin not for us

"For similar reasons we're not rushing into stablecoins," he said, referring to digital currencies such as Tether that seek to avoid the volatility typically associated with cryptocurrencies by pegging their value to assets such as the U.S. dollar.

Published 24 May, 2021 08:40pm

Business & Finance

Bitcoin fights back after Sunday sell-off

Bitcoin jumps over 5%, ether almost $10%.
Miners suspend China operations as crackdown deepens.

Updated 24 May, 2021 03:57pm

Markets

Dollar stuck near 3-month lows, bitcoin struggles

The dollar index hovered around the 90 mark, broadly flat on the day and close to a three-month low of 89.646 hit on Friday.

Published 24 May, 2021 02:22pm

Markets

Shares wary on U.S. inflation, battered bitcoin charts recovery

European stocks inch up 0.1%, S&P futures shade firmer.
Belarus bonds selloff after airliner drama.
Bitcoin recoups some losses after China clampdown.

Published 24 May, 2021 02:20pm

Markets

Asia shares wary on US inflation, Bitcoin struggles to steady

Nikkei inches up 0.2%, S&P futures shade firmer.
Eyes on U.S. inflation, Fed speakers for tapering clues.
Bitcoin savaged as China clamps down on crypto mining.

Published 24 May, 2021 11:01am

Markets

Tokyo shares open higher

The benchmark Nikkei 225 index was up 0.32 percent or 89.46 points to 28,407.29, while the broader Topix index was up 0.44 percent or 8.37 points at 1,913.06.

Published 24 May, 2021 08:35am

Business & Finance

Bitcoin falls 10pc to $33,747, ether down 14percent

LONDON: Bitcoin dipped 10% to $33,747.21 at 1400 GMT (10 a.m. ET) on Sunday, losing $3,753.33 from its previous...

Updated 24 May, 2021 08:29am

World

Musk says he supports crypto in battle with fiat money

NEW YORK: Tesla Inc Chief Executive Officer Elon Musk tweeted on Saturday that in a battle between fiat and...

Published 23 May, 2021 03:06am

Opinion

Oil drillers and Bitcoin miners bond over natural gas

On US oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads...

Published 22 May, 2021 04:05am

Business & Finance

China to crack down on bitcoin mining, trading activities

HONG KONG: China will crack down on bitcoin mining and trading activities as part of efforts to fend off financial...

Published 22 May, 2021 04:05am

Business & Finance

Early trade in New York: Dollar edges higher

NEW YORK: The dollar edged higher on Friday, boosted by encouraging US manufacturing data, but remained on track for...

Published 22 May, 2021 04:05am

Business & Finance

Bitcoin, ether skid after more crackdown

NEW YORK/LONDON: Bitcoin slid on Friday after China doubled down on its efforts to prevent speculative and financial...

Published 22 May, 2021 04:05am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Cotton US¢/pound / Apr 26	81.15
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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