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SEC

Dollar gains on yen, Bitcoin slides

NEW YORK: The dollar gained on the yen but edged lower against the euro on Wednesday as investors waited on US...

Published 11 Jan, 2024 06:15am

Markets

Nasdaq gets SEC nod for first exchange AI-driven order type

NEW YORK: Nasdaq Inc. on Friday said it won approval from the US Securities and Exchange Commission to launch the...

Published 11 Sep, 2023 06:32am

Markets

Bitcoin hits two-week peak after Grayscale spot bitcoin ETF ruling

NEW YORK/LONDON: Bitcoin rose to two-week highs on Tuesday after a U.S. court ruled that the Securities and Exchange...

Published 29 Aug, 2023 10:44pm

Business & Finance

Coinbase wins approval to offer crypto futures trading in US

BENGALURU: Coinbase Global said on Wednesday it had secured approval to offer cryptocurrency futures to US retail...

Published 21 Aug, 2023 06:43am

Life & Style

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 14	278.71
USD PKR Interbank Buying / Jun 14	278.51
USD to Japanese Yen / Jun 14	157.40
USD to Swiss Franc / Jun 14	0.89
Pound Sterling to USD / Jun 14	1.28
Euro to USD / Jun 14	1.07

Stock	Volume
S&P 500 / Jun 14	5,431.60
India Sensex / Jun 14	76,992.77
Tokyo Nikkei / Jun 14	38,814.56
Nasdaq / Jun 14	17,688.88
Hang Seng / Jun 14	17,941.78
FTSE 100 / Jun 14	8,146.86
Dow Jones / Jun 14	38,589.16
Germany DAX 30 / Jun 14	18,002.02

Item	Value
Crude Oil USD/Barrel / Jun 14	78.45
Karachi Cotton PKR/37.32 KG / Jun 14	19,935
Gold 10 Grams PKR / Jun 14	207,047
Gold Spot USD/Ounce / Jun 14	2,333.04
Cotton US¢/pound / Jun 14	72.14
Petrol/Litre / Jun 17	258.16

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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