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US market

Tokyo’s Nikkei index closes nearly 3pc higher

TOKYO: Tokyo stocks surged Tuesday following another record high for the Dow on Wall Street, with exporters boosted...

Published 14 Feb, 2024 02:34am

Markets

Tokyo’s Nikkei ends lower on year’s first trading day

TOKYO: Tokyo’s benchmark Nikkei 225 index closed lower on Thursday, Japan’s first trading day of 2024, as the...

Published 05 Jan, 2024 03:12am

Business & Finance

Reckitt’s Mead Johnson Nutrition recalls baby formula powder from US: FDA

NEW YORK: Reckitt Benckiser Group’s Mead Johnson Nutrition (MJN) is voluntarily recalling select batches of...

Published 01 Jan, 2024 05:40am

Business & Finance

Euro profits from better euro zone data; US market shut

LONDON: The euro edged up on Thursday after data suggested the downturn in the euro zone economy may be starting to...

Published 24 Nov, 2023 05:29am

Markets

Paris wheat ticks down

HAMBURG/PARIS: European wheat futures ticked down on Monday, stabilising after an earlier three-week low as a weaker...

Published 03 Oct, 2023 06:02am

Business & Finance

Indian IT giant TCS misses profit estimates on US weakness

MUMBAI: Indian software giant TCS reported a weaker-than-expected increase in first-quarter profits Wednesday, as...

Published 17 Apr, 2023 06:41am

Business & Finance

Biden pledges ‘whatever needed’ as banks feel force of SVB fallout

NEW YORK: US President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the...

Published 14 Mar, 2023 03:18am

Business & Finance

Brooklyn chamber ready to introduce Pak products in US market: spokesman

ISLAMABAD: The Brooklyn Chamber of Commerce is committed to introducing Pakistani products in the American market,...

Published 26 Jan, 2023 05:58am

Business & Finance

DGKCC to export 600,000 tons of cement to USA per year

KARACHI: The DG Khan Cement Company (DGKCC) to export 600,000 tons of low-alkali cement to the United States per ...

Published 19 Jan, 2023 05:58am

Technology

Tesla cuts prices on electric vehicles for US market

Tesla has slashed prices on its top-selling electric vehicles for the US market, the automaker’s website showed,...

Published 13 Jan, 2023 10:33am

Editorials

‘Dangerous new normal’

EDITORIAL: IMF (International Monetary Fund) chief Kristalina Georgieva’s warning about a “dangerous new...

Published 16 Oct, 2022 03:53am

Editorials

Missing the bus

EDITORIAL: It seems Pakistan is not going to benefit from the great relocation of China’s labour-intensive...

Published 23 Jul, 2022 04:10am

Business & Finance

Nissan reports first full-year net profit in three years

TOKYO: Nissan reported a positive full-year net profit for the first time in three years on Thursday, citing...

Published 16 May, 2022 05:42am

Markets

Swedish Match strikes record high on Philip Morris takeover move

STOCKHOLM: Swedish Match shares leapt to a record high on Tuesday after Marlboro-maker Philip Morris International...

Published 11 May, 2022 04:58am

Business & Finance

US FDA declines to approve Hutchmed’s China-tested cancer drug

WASHINGTON: Drugmaker Hutchmed Ltd said on Monday the US Food and Drug Administration has declined to approve its...

Published 03 May, 2022 03:47am

Supplements

Market Access

TEXT: • Kenya is sizable local market with a population of about 50 million people and growing at approximately 3%...

Published 14 Dec, 2021 06:40am

Opinion

Didi departure from NYSE marks end of Wall Street romance with Chinese big tech

The Chinese ride-hailing giant Didi Chuxing’s announcement that it will delist its shares from the New York Stock...

Published 06 Dec, 2021 06:19am

Markets

Funds ejected from soyameal shorts as futures surge

FORT COLLINS: Speculators were forced to abandon short positions in Chicago-traded soyabean meal last week as...

Published 23 Nov, 2021 03:54am

Business & Finance

Webinar on potential of carpet/rug exports to US held

KARACHI: Trade Development Authority of Pakistan, in collaboration with Consulate General of Pakistan New York...

Published 17 Sep, 2021 03:52am

Markets

Paris wheat steadies with Chicago; exports underpin German prices

PARIS: Euronext wheat edged higher on Thursday as Chicago grain futures recovered from multi-week lows and traders...

Published 03 Sep, 2021 04:58am

Markets

ICE canola futures drop

WINNIPEG, (Manitoba): ICE canola futures plunged on Monday, halting a 10-day winning streak, as forecasts showed...

Published 07 Jul, 2021 04:28am

Opinion

As small-cap stocks lag, Wall Street worries about broad slowdown

An historic rally in share prices for smaller US companies has slowed sharply in April after six months of strong...

Published 27 Apr, 2021 03:02am

Business & Finance

Enel eyes expansion to US, other power distribution markets

"In the US we are in generation... we would like to enter one day into distribution," Enel Global Infrastructure and Networks CEO Antonio Cammisecra told a media briefing.
Enel manages power distribution grids in 8 countries in Latin America and Europe and more than 40% of its 17.9 billion euros of core earnings came from networks last year.

Published 20 Apr, 2021 06:06pm

US to impose anti-dumping tax on 18 countries

WASHINGTON: The US Department of Commerce is preparing to tax aluminum sheet exporters from 18 countries after...

Updated 04 Mar, 2021 09:38am

Business & Finance

Vestas to cut 450 US jobs on lower short-term demand

With a larger fleet under service and lower demand in the near-term, we are therefore consolidating our setup in Colorado.
This month CEO Henrik Andersen told Reuters he "could not be more excited about the outlook" in the United States.

Published 17 Feb, 2021 08:44pm

Markets

McDonald's earnings miss estimates as Europe lockdowns squash sales

Several European countries announced tough restrictions as the health crisis spiraled out of control late last year.
McDonald's said the restrictions were impacting markets abroad, particularly those with fewer drive-thru locations.

Published 28 Jan, 2021 09:00pm

Pakistan

Pak-US Business Council chief greets Biden

KARACHI: Iftikhar Ali Malik, founder President of Pak-US Business Council, President of SAARC Chamber of Commerce ...

Updated 24 Jan, 2021 10:15am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 25	277.66
USD PKR Interbank Buying / Oct 25	277.46
USD to Japanese Yen / Oct 25	152.31
USD to Swiss Franc / Oct 25	0.87
Pound Sterling to USD / Oct 25	1.30
Euro to USD / Oct 25	1.08

Stock	Volume
S&P 500 / Oct 25	5,808.12
India Sensex / Oct 25	79,402.29
Tokyo Nikkei / Oct 25	37,913.92
Nasdaq / Oct 25	18,518.61
Hang Seng / Oct 25	20,590.15
FTSE 100 / Oct 25	8,248.84
Dow Jones / Oct 25	42,114.40
Germany DAX 30 / Oct 25	19,463.59

Item	Value
Crude Oil USD/Barrel / Oct 25	71.78
Gold 10 Grams PKR / Oct 25	245,031.60
Gold Spot USD/Ounce / Oct 25	2,747.56
Cotton US¢/pound / Oct 25	70.66
Karachi Cotton PKR/37.32 KG / Oct 26	17,885
Petrol/Litre / Oct 27	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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