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SEC

Celebrities Lindsay Lohan, Jake Paul charged for touting crypto

NEW YORK: Actress Lindsay Lohan, YouTuber Jake Paul and six other celebrities were charged by the US Securities and...

Published 23 Mar, 2023 04:01pm

Business & Finance

Twitter board dissolved, leaving Musk as sole director

SAN FRANCISCO: Elon Musk has become Twitter’s sole director after finalizing his $44 billion purchase of the ...

Published 02 Nov, 2022 04:37am

Life & Style

Kim Kardashian settles SEC crypto charge, to pay $1.26mn

WASHINGTON: Kim Kardashian has agreed to settle charges of unlawfully touting a crypto security and to pay $1.26...

Published 03 Oct, 2022 06:08pm

Technology

Globally: asset managers on alert after 'WhatsApp' crackdown on banks

LONDON: Asset managers are tightening controls on personal communication tools such as WhatsApp as they join banks ...

Published 18 Aug, 2022 06:44pm

Business & Finance

Tesla gets second SEC subpoena over Musk’s 2018 go-private tweet

Tesla Inc on Monday disclosed it has received a second subpoena from the U.S. Securities and Exchange Commission...

Published 25 Jul, 2022 06:40pm

World

Elon Musk files appeal to end SEC decree over Twitter posts

NEW YORK: Elon Musk on Wednesday appealed a judge’s refusal to end his 2018 agreement with the U.S. Securities and...

Published 15 Jun, 2022 07:52pm

Business & Finance

Musk feels ‘super bad’ about economy, needs to cut 10pc of Tesla jobs

SAN FRANCISCO: Tesla CEO Elon Musk has a “super bad feeling” about the economy and needs to cut about 10% of ...

Published 04 Jun, 2022 04:18am

Markets

Nigeria’s markets regulator publishes rules on crypto assets

LAGOS: Nigeria’s markets regulator has published a set of regulations for digital assets, signalling Africa’s most...

Published 14 May, 2022 07:27pm

Technology

Judge rejects Musk bid to free tweets from oversight

NEW YORK: Twitter’s new buyer Elon Musk still must have his tweets about his electric car company Tesla pre-approved...

Published 28 Apr, 2022 09:43am

Business & Finance

Investment recommendations US SEC issues new guidance for brokers, advisors

WASHINGTON: The US Securities and Exchange Commission (SEC) on Wednesday issued new guidance to broker dealers and...

Published 31 Mar, 2022 05:11am

World

Elon Musk, Tesla attack SEC for ‘unrelenting’ harassment

NEW YORK: Tesla Inc and its Chief Executive Elon Musk on Thursday accused the US Securities and Exchange Commission...

Published 18 Feb, 2022 04:31am

Markets

Elon Musk, Tesla attack SEC for 'unrelenting' probe

NEW YORK: Tesla Inc and its Chief Executive Elon Musk on Thursday accused the US Securities and Exchange Commission...

Published 17 Feb, 2022 06:55pm

Business & Finance

Nikola Corp agrees to pay $125m to settle SEC charges of defrauding investors

WASHINGTON: Nikola Corp has agreed to pay $125 million to settle civil charges that it defrauded investors by...

Published 22 Dec, 2021 06:13am

Business & Finance

SEC probes Tesla over whistleblower claims on solar panel defects

SAN FRANCISCO: The US securities regulator has opened an investigation into Tesla Inc over a whistleblower complaint...

Published 07 Dec, 2021 06:29am

Bitcoin hits $60,000 on US ETF expectations

LONDON/NEW YORK/HONG KONG: Bitcoin topped $60,000 for the first time in six months on Friday, nearing its all-time...

Updated 16 Oct, 2021 09:17am

Markets

US SEC opens inquiry into Wall Street banks' staff communications

WASHINGTON: The US Securities and Exchange Commission (SEC) has opened a broad inquiry into how Wall Street banks ...

Published 13 Oct, 2021 04:47am

Markets

Analytics behemoth SAS says aiming to go public by 2024

NEW YORK: Data analytics giant SAS Institute Inc, which has been privately held for over forty years, said on...

Published 02 Aug, 2021 06:02am

Business & Finance

Crypto exchange Binance hit by criminal complaint from Thai regulators

LONDON/BENGALURU: Thailand’s financial watchdog filed a criminal complaint against cryptocurrency exchange Binance...

Published 03 Jul, 2021 03:19am

Markets

Ex-Tesla president sold stock worth $274mn since June 10

Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded 145,289 shares worth $89.6 million on June 14, and 90,111 shares worth $55 million on June 10.

Published 19 Jun, 2021 07:34pm

World

SEC ousts head of accounting watchdog, puts rest of board on notice

WASHINGTON: The US Securities and Exchange Commission (SEC) on Friday said it had removed the head of the oversight...

Published 06 Jun, 2021 02:56am

Markets

Colombia plans to issue bonds due in 2032 and 2042 to meet budgetary needs

An application will be made to list the bonds on the official list of the Luxembourg Stock Exchange and to trade them on the exchange's the Euro MTF Market, the filings said.

Published 19 Apr, 2021 08:05pm

World

US Senate Democrats introduce resolution to undo Trump-era rules that curbed shareholder voting rights

The move under the Congressional Review Act, a 1996 law that requires only a simple majority vote in the two chambers of Congress, allows the legislature to reverse recently finalized rules.
Democrats hold slim majorities in the House of Representatives and the Senate.

Published 26 Mar, 2021 09:48pm

Business & Finance

Apollo says ex-SEC chief Clayton to take over as chairman from Black

In the last few months, not only did we announce a transformative merger with Athene, but also expect to report that our first quarter earnings will exceed analyst consensus in all relevant measures.
I thus view this as the ideal moment to step back and focus on my family, my wife Debra's and my health issues, and my many other interests.

Published 22 Mar, 2021 07:29pm

World

Musk crowned ‘Technoking’ at Tesla

NEW YORK: Electric carmaker Tesla has crowned its brash billionaire founder and CEO Elon Musk with a new title:...

Updated 16 Mar, 2021 09:38am

Markets

US markets regulator names climate risks, fintech as 2021 priorities

The SEC's examination division will focus on environmental, social and governance risks by examining proxy voting policies and practices to make sure voting aligns with investors' best interests, the SEC's acting chair Allison Herren Lee said in a statement.

Published 03 Mar, 2021 09:14pm

Business & Finance

Nigeria needs to regulate cryptocurrencies, not ban them: vice president

The Securities and Exchange Commission (SEC) has meanwhile sought to regulate cryptocurrency investments on the grounds that they qualify as securities transactions.
The central bank has argued that cryptocurrencies, which are unregulated and not legal tender, are risky for the user.

Published 26 Feb, 2021 08:56pm

Markets

US SEC subpoenas Overstock, seeks information on 2019 retail forecast

The online retailer and blockchain tech investor is cooperating with the investigation, it said in a regulatory filing, and continues to provide documents requested in the subpoena.
Earlier this week, the company posted a surprise quarterly profit and said its revenue soared 84% over the previous year.

Published 26 Feb, 2021 08:36pm

World

Brazil's BRF says US SEC has concluded inquiry into corruption probes

The SEC did not impose any sanction on the company, BRF said in a securities filing.
BRF continues to cooperate with the US Department of Justice on the matter, it said.

Published 26 Feb, 2021 06:22pm

Markets

GameStop stock surge hits fourth day, hedge funds walk away

Short-seller Citron, a target for some of the individual traders who have helped drive huge gains for a number of niche Wall Street stocks in the past week.
GameStop's stock has surged nearly 700% in the past two weeks, upping the struggling video retailer's market value from $1.24 billion to more than $10 billion.

Updated 27 Jan, 2021 11:24pm

HEC sell-off plan: BoI, FAC asked to exend outreach to ME investors

ISLAMABAD: The government hopes that mobilising foreign investment for the Heavy Electrical Complex (HEC) is likely...

Published 23 Jan, 2021 03:56am

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Mar 30 Chakwal Spinning Mills Limited(CWSM)	1.36 ▲ 0.20 (17.24%)
First IBL Mod. / Mar 30 First IBL Modaraba(FIBLM)	5.90 ▲ 0.60 (11.32%)
First Pak Mod. / Mar 30 First Pak Modaraba(PAKMI)	1.34 ▲ 0.13 (10.74%)
Dewan Sugar / Mar 30 Dewan Sugar Mills Limited(DWSM)	2.57 ▲ 0.23 (9.83%)
Unicap Modaraba / Mar 30 Unicap Modaraba(UCAPM)	1.77 ▲ 0.15 (9.26%)
Premier Insurance / Mar 30 Premier Insurance Limited(PINL)	7.50 ▲ 0.63 (9.17%)
B.R.R.Guardian / Mar 30 B.R.R. Guardian Modaraba(BRR)	12.04 ▲ 0.99 (8.96%)
Ismail Ind. / Mar 30 Ismail Industries Limited(ISIL)	518.26 ▲ 36.15 (7.50%)
Khyber Tex. / Mar 30 Khyber Textile Mills Limited(KHYT)	397.42 ▲ 27.72 (7.50%)
Suraj Cotton / Mar 30 Suraj Cotton Mills Limited(SURC)	102.53 ▲ 7.15 (7.50%)

Stock	Price
First Prudential Mod. / Mar 30 First Prudential Modaraba(PMI)	1.40 ▼ -0.24 (-14.63%)
Trust Mod. / Mar 30 Trust Modaraba(TRSM)	1.30 ▼ -0.20 (-13.33%)
Sapphire Fibres / Mar 30 Sapphire Fibres Limited(SFL)	1018 ▼ -82.00 (-7.45%)
Sardar Chemical / Mar 30 Sardar Chemical Industries Limited(SARC)	32 ▼ -2.55 (-7.38%)
Gadoon Textile / Mar 30 Gadoon Textile Mills Limited(GADT)	192.50 ▼ -15.30 (-7.36%)
Philip Morris Pak. / Mar 30 Philip Morris (Pakistan) Limited(PMPK)	461 ▼ -36.43 (-7.32%)
Pakistan Services / Mar 30 Pakistan Services Limited(PSEL)	876 ▼ -69.10 (-7.31%)
Shield Corp. / Mar 30 Shield Corporation Limited(SCL)	282 ▼ -22.00 (-7.24%)
Bal. Wheel / Mar 30 Baluchistan Wheels Limited(BWHL)	68.42 ▼ -5.18 (-7.04%)
JDW Sugar / Mar 30 JDW Sugar Mills Limited(JDWS)	356 ▼ -26.79 (-7.00%)

Stock	Volume
Telecard Limited / Mar 30 Telecard Limited(TELE)	12,447,500 ▼ -0.21
WorldCall Telecom / Mar 30 Worldcall Telecom Limited(WTL)	9,398,662 ▲ 0.01
Pakistan Alumin / Mar 30 Pakistan Aluminium Beverage Cans Limited(PABC)	7,638,000 ▲ 0.23
Pak Elektron / Mar 30 Pak Elektron Limited(PAEL)	6,136,500 ▼ -0.05
Pak Int.Bulk / Mar 30 Pakistan International Bulk Terminal(PIBTL)	6,018,500 ▲ 0.08
Engro Corp / Mar 30 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -0.02
Nishat Mills Ltd / Mar 30 Nishat Mills Limited(NML)	4,517,879 ▲ 0.46
Shifa Int.Hosp / Mar 30 Shifa International Hospitals Limited(SHFA)	4,299,000 ▼ -1.99
Agha Steel Ind. / Mar 30 Agha Steel Ind.Ltd(AGHA)	3,645,000 ▲ 0.36
K-Electric Ltd. / Mar 30 K-Electric Limited(KEL)	3,416,092 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 30	285.65
USD PKR Interbank Buying / Mar 30	283.65
USD to Japanese Yen / Mar 30	132.47
USD to Swiss Franc / Mar 30	0.92
Pound Sterling to USD / Mar 30	1.23
Euro to USD / Mar 30	1.08
UK LIBOR % / Mar 29	4.81

Stock	Volume
S&P 500 / Mar 29	4027.81
India Sensex / Mar 29	57960.09
Nasdaq / Mar 29	11926.24
Dow Jones / Mar 29	32717.60
Tokyo Nikkei / Mar 30	27782.93
Hang Seng / Mar 30	20309.13
FTSE 100 / Mar 30	7578.80
Germany DAX 30 / Mar 30	15430.39
France CAC40 / Mar 30	7235.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 29	18935
Gold 10 Grams PKR / Mar 29	176268
Crude Oil USD/Barrel / Mar 30	72.81
Gold Spot USD/Ounce / Mar 30	1963.79
Cotton US¢/pound / Mar 30	82.34

SEC

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