Asian stocks up for second day on US growth
Hong Kong: Tokyo shares led Asian stock markets higher on Friday after a surprising US economic growth report buoyed investors following a prolonged rout...
Karachi, Lahore, Islamabad stokc markets merge
ISLAMABAD: A formal memorandum of understanding (MoU) was signed Thursday in the presence of Finance Minister Ishaq Dar to merge the stock markets of...
Oil prices up in Asian trade
SINGAPORE: Oil rose in Asia Thursday as dealers digested a mixed US energy report showing a dip in crude inventories, but barely any decline...
KSE stocks fall in volatile session, rupee weakens
KARACHI: Shares in the Karachi Stock Exchange (KSE) ended down in a volatile session on Wednesday as investors become more risk-averse amid foreign outflows...
Pakistan merging its stock exchanges into one
ISLAMABAD: The demutualization committees of Karachi Stock Exchange (KSE), Lahore Stock Exchange (LSE) and Islamabad Stock Exchange (ISE) have agreed in principle to integrate...
Oil prices near six-year lows ahead of US energy report
SINGAPORE: Oil prices dipped on Wednesday, trading near six-year lows ahead of the latest US energy report after jitters over China’s faltering economy spurred...
ADB announces new $1.2 bn annual package for Pakistan
KARACHI: The Asian Development Bank said Tuesday it has approved a new assistance programme for Pakistan worth $1.2 billion annually, to improve infrastructure and...
KSE-100 index plummets by 1,400 points as investors panic
KARACHI: Panic selling led to a major drop in the benchmark index of the Karachi Stock Exchange (KSE) on Monday. The KSE-100 Index went...
Dollar crosses Rs104 in interbank market
KARACHI: The exchange rate of US dollar in the interbank market appreciated by Rs2.10 on Monday to reach a 17-month high of Rs104.10. The...
Khurshid calls for Rs12-15 cut in oil prices
SUKKUR: Leader of the opposition in the National Assembly, Syed Khurshid Shah Saturday said that in light of falling oil prices in the international...
