Business

APP Islamabad: The US dollar started the business week with a slight depreciation, dropping by 1 paisa in the interbank exchange.  Now, 1 paisa buys $278.20, compared to the previous rate of $278.21 at the end of the last business…

APP Islamabad: The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Friday, gaining 1,244.45 points, a positive change of 1.76 percent, closing at 71,902.09 points against 70,657.64 points the previous…

APP Islamabad: Pakistani Rupee on Thursday gained 01 paisa against the US dollar in the interbank trading and closed at Rs 278.30 against the previous day’s closing of Rs 278.31. According to the Forex Association of Pakistan (FAP),…

AFP/APP Tokyo: Tokyo stocks opened lower Thursday after US shares dropped, with a jump in the yen sparking speculation that the Japanese government had intervened in the market for the second time this week. The benchmark Nikkei 225…

AFP/APP Copenhagen: Danish shipping giant Maersk posted a huge drop in net profit for the first quarter on Thursday as Yemeni rebel attacks force it to avoid the vital Red Sea route. Maersk reported a net profit of $177 million in the…

AFP/APP New York: Wall Street stocks shot higher Wednesday afternoon after Federal Reserve Chair Jerome Powell said the central bank is "unlikely" to raise interest rates. Major indices were up about one percent or more after Powell…

AFP/APP Kuala Lumpur: Microsoft pledged a $2.2 billion investment in artificial intelligence and cloud computing in Malaysia on Thursday to help develop the country's AI infrastructure. The tech giant's chief executive Satya Nadella…

AFP/APP San Francisco: E-commerce titan Amazon on Tuesday said profit in the first three months of 2024 tripled as its cloud, ads, and retail businesses thrived. Amazon shares were up more than 3 percent in after-market trades that…

APP Islamabad: The per tola price of 24 karat gold decreased by Rs 2,000 and was sold at Rs 241,900 on Tuesday compared to its sale at Rs 243,900 on last trading day.  The price of 10 grams of 24 karat gold also decreased by Rs 1,715…

APP Islamabad: The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Tuesday, shedding 592.49 points, a negative change of 0.83 percent, closing at 71,102.55 points against 71,695.03 points the previous trading…