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ByteDance eyes $9.5bn in record Asia dollar corporate loan, Bloomberg News reports

TikTok-owner ByteDance is tapping banks for a $9.5 billion loan that would be the biggest dollar-denominated...

Published 02 Sep, 2024 03:00pm

World

Nepal lifts TikTok ban after app addresses cyber crime concerns

KATHMANDU: Nepal lifted a ban on Chinese-owned TikTok on Thursday, more than nine months after outlawing the popular...

Published 23 Aug, 2024 11:38am

Technology

China’s ByteDance working with Broadcom to develop advanced AI chip, sources say

BEIJING: China’s ByteDance is working with US chip designer Broadcom on developing an advanced AI processor, two...

Published 24 Jun, 2024 10:28am

World

TikTok, ByteDance sue to block US law seeking sale or ban of app

WASHINGTON: TikTok and its Chinese parent company ByteDance said on Tuesday they filed suit in US federal court...

Published 08 May, 2024 06:43am

Technology

TikTok creators fear economic blow of US ban

SAN FRANCISCO: Ayman Chaudhary turned her love for reading into a living on TikTok, posting video snippets about...

Published 28 Apr, 2024 11:34am

Technology

ByteDance says ‘no plans’ to sell TikTok after US ban law

BEIJING: Chinese tech giant ByteDance has said it has no plans to sell TikTok after a new US law put it on a...

Published 26 Apr, 2024 11:11am

World

Bill to ban TikTok in US clears Congress

WASHINGTON: The US Senate on Tuesday approved legislation requiring the wildly popular social media app TikTok to be...

Published 24 Apr, 2024 10:47am

Technology

China’s Tencent takes over two ByteDance video game teams

HONG KONG: China’s Tencent has taken over two ByteDance video games units after ByteDance retreated from the gaming...

Published 14 Mar, 2024 01:45pm

World

US House passes bill to force ByteDance to divest TikTok or face ban

WASHINGTON: The U.S. House of Representatives overwhelmingly passed a bill on Wednesday that would give TikTok’s...

Updated 13 Mar, 2024 07:57pm

World

EU faces uphill battle to rein in big tech

BRUSSELS: The EU’s landmark curbs on how tech titans do business online kick in from Thursday, but just how far...

Published 07 Mar, 2024 11:01am

World

US lawmakers push for ByteDance to divest TikTok or face ban

WASHINGTON: A bipartisan group of US lawmakers introduced legislation on Tuesday to give China’s ByteDance about six...

Published 06 Mar, 2024 11:06am

Technology

TikTok owner ByteDance in talks with Tencent, others to sell gaming assets

HONG KONG: TikTok owner ByteDance said on Tuesday it is in talks with multiple prospective buyers of its gaming...

Published 09 Jan, 2024 10:50am

Technology

Tencent turns to ByteDance in gaming showdown with NetEase

HONG KONG: Tencent Holdings is relying on one-time bitter rival ByteDance to promote its most important video game...

Published 18 Dec, 2023 11:22am

World

Nepali TikTok influencers reel after sudden ban

KATHMANDU: Nepali influencer Anjana Aryal went from homemaker to entrepreneur by sharing recipes on TikTok, but her...

Published 13 Dec, 2023 12:39pm

Technology

ByteDance offers investors share buyback, valued at $268bn

HONG KONG: TikTok owner ByteDance is offering to buy back around $5 billion worth of shares from investors at a...

Published 06 Dec, 2023 02:35pm

Technology

TikTok obtaining Indonesia e-commerce permit

JAKARTA: Short video app TikTok is in the process of obtaining an e-commerce permit from Indonesia’s government,...

Published 29 Nov, 2023 10:42am

Business & Finance

TikTok owner ByteDance cuts hundreds of jobs in gaming division

BEIJING: Chinese tech giant and TikTok owner ByteDance is slashing hundreds of jobs in its gaming unit, a source...

Published 27 Nov, 2023 10:51pm

Technology

ByteDance says to restructure Nuverse in retreat from gaming business

HONG KONG: TikTok maker ByteDance plans to wind down its Nuverse gaming brand and retreat from mainstream video...

Published 27 Nov, 2023 10:42am

Technology

TikTok owner ByteDance offers to buy back shares from staff at $160 apiece

SHANGHAI/HONG KONG: China’s ByteDance, the parent of short video app TikTok, is offering to buy back shares from its...

Published 08 Nov, 2023 03:31pm

World

Canada bans WeChat and Kaspersky on government phones

OTTAWA: Canada on Monday banned popular Chinese messaging app WeChat and Russian platform Kaspersky from government...

Published 31 Oct, 2023 01:46pm

Technology

TikTok to take proactive steps to address issues in Malaysia

KUALA LUMPUR: Short video app TikTok is committed to taking proactive measures to address issues raised by Malaysia,...

Published 13 Oct, 2023 10:27am

Technology

TikTok launches online shopping in the US

TikTok has officially rolled out its e-commerce business in the United States after months of testing, according to...

Published 12 Sep, 2023 05:57pm

Business & Finance

New Alibaba Group CEO lays out strategic priorities for staff

SHANGHAI: New Alibaba Group CEO Eddie Wu has told staff the tech giant’s two main strategic focuses going forward...

Published 12 Sep, 2023 09:56am

World

EU hits tech titans with tougher market restraints

BRUSSELS: The European Union on Wednesday unveiled the list of digital giants — including Apple, Facebook owner...

Published 07 Sep, 2023 06:21am

Technology

TikTok to invest billions of dollars in Southeast Asia

JAKARTA: Short video app TikTok, owned by China’s ByteDance, said on Thursday it would invest billions of dollars in...

Published 15 Jun, 2023 09:30am

Technology

TikTok seeks up to $20bn in e-commerce business this year

ByteDance-owned TikTok hopes to more than quadruple the size of its worldwide e-commerce operations to as much as...

Published 08 Jun, 2023 11:19am

Technology

Montana becomes first US state to ban TikTok

SAN FRANCISCO: Montana on Wednesday became the first US state to ban TikTok, with the law set to take effect next...

Published 18 May, 2023 11:48am

Technology

ByteDance’s Douyin and Tencent bury hatchet, reach video cooperation pact

BEIJING: Douyin, the Chinese counterpart of TikTok, and internet giant Tencent have agreed to explore the joint...

Published 07 Apr, 2023 10:00am

Markets

Founder of TikTok parent company lost $17bn in 2022

BEIJING: Zhang Yiming, the founder of TikTok parent company ByteDance, saw his personal fortune fall by $17 billion...

Published 06 Apr, 2023 05:35pm

World

Australia to ban TikTok on government devices

SYDNEY: Australia will announce a ban on TikTok on government phones this week, following other countries in barring...

Published 03 Apr, 2023 09:51pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 11	278.65
USD PKR Interbank Buying / Sep 11	278.40
USD to Japanese Yen / Sep 11	140.88
USD to Swiss Franc / Sep 11	0.84
Pound Sterling to USD / Sep 11	1.31
Euro to USD / Sep 11	1.10

Stock	Volume
S&P 500 / Sep 11	5,495.52
India Sensex / Sep 11	81,987.24
Tokyo Nikkei / Sep 11	35,564.24
Nasdaq / Sep 11	17,025.88
Hang Seng / Sep 11	17,007.86
FTSE 100 / Sep 11	8,197.32
Dow Jones / Sep 11	40,736.96
Germany DAX 30 / Sep 11	18,308.89

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 10	18,535
Petrol/Litre / Sep 11	259.10
Crude Oil USD/Barrel / Sep 11	66.12
Gold 10 Grams PKR / Sep 11	226,337
Gold Spot USD/Ounce / Sep 11	2,521.50
Diesel/Litre / Sep 11	262.75

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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