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Apr 30, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Financial markets

Asian markets closed
Markets

Asian markets closed

HONG KONG: Financial markets in Australia, China, Hong Kong, Japan, Malaysia, New Zealand, Singapore and Taiwan were...
Published 03 Jan, 2023 03:25am
Foreigners' share in Russia's OFZ bonds shrinks in March to lowest since 2015
Markets

Foreigners' share in Russia's OFZ bonds shrinks in March to lowest since 2015

  • Foreign investors' share of Russian debt has been on decline for months and its slide accelerated recently amid intensified fears of fresh US sanctions against Moscow.
  • "The largest exodus (of foreign investors) from the Russian market was observed on particular days with increased volatility due to geopolitical risks," the central bank said in a report on financial markets.
Published 12 Apr, 2021 08:49pm
Suez attempt to fight Veolia offer breaches takeover rules
Business & Finance

Suez attempt to fight Veolia offer breaches takeover rules

  • In an effort to force Veolia to negotiate, the Suez board has set up a Dutch foundation to prevent the sale of French water assets that its rival would need to divest to win antitrust approval to buy Suez.
  • Suez also proposed last month to negotiate a takeover if the two companies agreed on the sale of most of Suez's French assets to investment funds Ardian and Global Infrastructure Partners (GIP).
Published 02 Apr, 2021 06:45pm
Trading volumes in emerging hard-currency debt shrink 11pc in 2020
Markets

Trading volumes in emerging hard-currency debt shrink 11pc in 2020

  • "The year was marked by the outbreak of Covid-19 leading to a sell-off in the financial markets and the dramatic contraction in economic growth around the globe," EMTA said in a statement.
  • "The adoption of expansive monetary policies and historically low US Treasury yields later encouraged capital flows into higher-yielding asset classes including EM."
Published 29 Mar, 2021 09:34pm
Wall Street bonuses jump 10pc in 2020, says NY state comptroller
Markets

Wall Street bonuses jump 10pc in 2020, says NY state comptroller

  • "Wall Street's near-record year shattered all expectations," New York State Comptroller Thomas DiNapoli said.
  • "The early forecast of a disastrous year for financial markets was sharply reversed by a boom in underwriting activity, historically low interest rates, and surges in trading spurred by volatile markets," he added.
Published 26 Mar, 2021 07:35pm
Cotton jumps 3pc
Markets

Cotton jumps 3pc

NEW YORK: ICE cotton futures gained 3% on Monday bolstered by hopes for stronger demand as the global economy...
Published 02 Mar, 2021 05:50am