Citigroup results boosted by trading, higher interest rates NEW YORK: Citigroup reported better-than-expected results Friday following a strong performance in trading, as... Published 18 Jul, 2022 06:22am
BR Research Oil price: Market remains incredibly tight As the US inflation number has surprised all and sundry, rate hike expectations by the Fed have gone up too. This ... Published 15 Jul, 2022 08:34am
Business & Finance JPMorgan suspends buybacks, warns on global economy as profit slumps JPMorgan Chase & Co’s Jamie Dimon struck a cautious note on the global economy as America’s largest bank... Published 14 Jul, 2022 08:30pm
Life & Style In COVID closedown, Macau casinos take billion-dollar hit holding out for new licences HONG KONG: In the glitzy dealing rooms of Macau's silenced casinos, the house is down billions of dollars, but can't... Published 14 Jul, 2022 02:03pm
Business & Finance ‘Govt should provide interest-free loans for solar energy projects’ KARACHI: Chairman of National Business Group Pakistan and President of Pakistan Businessmen and Intellectuals Forum... Published 06 Jul, 2022 05:35am
Markets Oil may collapse to $65 by year-end amid concerns of demand-crippling recession: Citigroup Warning is in stark contrast to JPMorgan Chase where analysts earlier warned global oil prices could reach a 'stratospheric' $380 a barrel Published 05 Jul, 2022 04:04pm
Markets JP Morgan sees portfolio rebalancing lifting US stocks 7pc NEW YORK: US equities could see a 7% move up next week as investors rebalance their portfolios after a brutal first... Published 27 Jun, 2022 06:06am
Markets JPMorgan sees dollar topping 140 yen as policy diverges more TOKYO: The US dollar will soon rise above 140 yen as the Federal Reserve possibly gets even more hawkish on rates... Published 15 Jun, 2022 01:56pm
Technology Shorts circle GameStop and AMC, sensing retail fatigue NEW YORK: Bearish investors are ramping up bets against meme stocks GameStop Corp and AMC Entertainment Holdings... Published 07 Jun, 2022 02:45pm
Business & Finance JPMorgan raises 2022 interest income outlook NEW YORK: JPMorgan Chase & Co lifted its forecast for interest income and affirmed its profitability target as ... Published 24 May, 2022 06:13am
Markets Wall Street bounces back on boost from banks, Apple after volatile week NEW YORK: US stock indexes climbed on Monday as investors bought beaten-down banks and Apple shares after a ... Published 24 May, 2022 05:35am
Markets JPMorgan raises 2022 interest income outlook ahead of investor conference JPMorgan Chase & Co presented a more optimistic profit forecast on Monday as it opened an investor conference to... Published 23 May, 2022 04:54pm
Print Miftah, others hold talks with key global bond investors Finance minister underlines need for prudent and responsible fiscal policy while supporting the poor and those hardest-hit by the rising global inflation Updated 27 Apr, 2022 11:24am
Markets World needs extra $1.3 trillion energy investment by 2030: JP Morgan LONDON: The world needs to find $1.3 trillion of incremental investment by 2030 to boost all types of energy output... Published 20 Apr, 2022 05:40pm
Opinion Russian companies, banks could reap windfall from depositary receipt delisting Russian companies and global banks including BNY Mellon, Deutsche Bank, Citigroup and JPMorgan could profit if ... Published 17 Apr, 2022 05:51am
Business & Finance Russian companies, global banks could reap windfall from depositary receipt delisting WASHINGTON/NEW YORK: Russian companies and global banks including BNY Mellon, Deutsche Bank, Citigroup and JPMorgan... Published 15 Apr, 2022 05:29am
Markets Wall St rises as recovery in growth stocks offsets mixed earnings U.S. shares rose on Wednesday as a rebound in growth stocks on falling yields and strong results from Delta Air... Published 13 Apr, 2022 11:37pm
Technology Cryptoverse: NFT bubble gets that shrinking feeling Around 635,000 people bought an NFT last month, for $427 on average, according to market tracker CryptoSlam Updated 05 Apr, 2022 01:31pm
Print Investors to lodge appeal in multi-billion forex action LONDON: The team behind a proposed multi-billion pound claim against major banks over alleged foreign exchange... Published 02 Apr, 2022 04:14am
BR Research Oil price: All eyes on Opec+ again The volatility in international crude oil market continues unabated. Every week is an event, sending markets into... Published 29 Mar, 2022 08:10am
Markets Banks break pledges with fossil fuel billions: report PARIS: Big banks continue to pour hundreds of billions of dollars into fossil fuel extraction, contradicting their... Published 28 Mar, 2022 07:47am
Markets Asia’s gasoline crack climbs NEW DELHI: Asia’s gasoline refining profit margin extended gains on Wednesday amid turbulence in crude oil markets... Published 10 Mar, 2022 07:30am
Business & Finance Russian rouble stabilises in offshore trade after heavy losses MOSCOW: The Russian rouble stabilised on Tuesday in thin offshore trade after heavy losses over the war in Ukraine,... Published 09 Mar, 2022 06:44am
Markets Bank of Japan likely to get less dovish board with new govt nominees TOKYO: Japan's government on Tuesday announced nominees to replace two central bank policymakers who retire in July,... Published 01 Mar, 2022 12:25pm
Business & Finance JS Bank receives ‘2021 USD Clearing Elite Quality Recognition Award’ KARACHI: JS Bank, one of the fastest-growing banks in Pakistan, has received the 2021 USD Clearing Elite Quality... Published 28 Feb, 2022 07:35am
Markets No immediate impact from Russia sanctions on bond index rebalancing: JPMorgan LONDON: JPMorgan said there was no immediate impact from sanctions on Russia at the month-end rebalancing of its... Published 26 Feb, 2022 03:08pm
Business & Finance JPMorgan calls for regulatory quick fix for crypto hedging LONDON: New rules are needed urgently to give banks certainty in handling cryptoassets on behalf of big customers ... Published 16 Feb, 2022 06:20am
Markets Tight oil market could see prices hit $125, says JP Morgan Shortfalls in OPEC+ production and spare capacity concerns are likely to keep the oil market tight and prices could... Published 14 Feb, 2022 06:49pm
Markets Australia drops landmark criminal cartel case against Citi, Deutsche SYDNEY: Australia on Friday withdrew a cartel lawsuit against Citigroup Inc, Deutsche Bank AG and several former... Published 11 Feb, 2022 10:40am
Markets Egypt bonds could suck in $2.4bn thanks to index inclusion: JPMorgan LONDON: Egypt's local sovereign bonds could attract inflows of up to $2.4 billion due to inclusion in a key global... Published 03 Feb, 2022 06:26pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?