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Business
PSX Loses 74 Points
APP
Islamabad: The 100-Index of Pakistan Stock Exchange (PSX) on Tuesday shed 74.06 points, a slight negative change of 0.10 percent, closing at 71,359.41 points against 71,433.46 points the previous trading day.
A total of…
Tesla Earnings a ‘Moment of Truth’ for Musk After Stumbles
AFP/APP
New York: Tesla CEO Elon Musk faces heightened pressure with Tuesday's earnings report to reassure investors that recent stumbles are simply unexpected speed bumps -- and not indications of a road to decline.
The electric car…
Tokyo Shares Open Higher
AFP/APP
Tokyo: Tokyo stocks opened higher on Tuesday as risk-on sentiment returned with worries over Middle East tensions receding.
The benchmark Nikkei 225 index rose 0.86 percent, or 323.16 points, to 37,761.77 in early trade, while…
Rupee Sheds 3 Paisa Against Dollar
APP
Islamabad: Pakistani Rupee on Monday gained paisa against the US dollar in the interbank trading and closed at Rs 278.33 against the previous day’s closing of Rs 278.30.
However, according to the Forex Association of Pakistan…
Markets Bounce as Middle East Fears Ease, US Inflation in View
AFP/APP
Hong Kong: Asian markets rose Monday, clawing back some of last week's losses, as Middle East worries subsided and traders looked ahead to the release of key US inflation data and corporate earnings after tensions between the…
Kerb Currency Market
APP
Karachi: Following were the Opening Rates of foreign currencies in kerb market issued by the Exchange companies Association of Pakistan on Monday.
F.C. BUYING SELLING…
Netflix Weighs on Nasdaq as Market Gyrates on Reported Strike in Iran
AFP/APP
New York: The Nasdaq tumbled Friday on a poor response to Netflix earnings as markets gyrated following reports Israel had carried out retaliatory strikes against Iran.
Netflix reported a profit of $2.3 billion, topping…
Gold Price Reached Record Level of 251,900 Rupees
News Desk
Islamabad: The price of gold per tola across the country increased by Rs 2,200 to a record level of Rs 251,900.
According to Dawn News, 10 grams of gold became expensive by Rs1867 to 215, 964.
It should be noted that…
Foreign Exchange Rates
APP
Karachi: The Exchange Rates Committee of the Financial Markets Association of Pakistan issued the following exchange rate bulletin on Thursday.
CONVERSION RATES FOR APRIL 18, 2024 FOR…
Tesla Asks Shareholders to Reapprove Huge Musk Pay Deal
AFP/APP
New York: Electric vehicle maker Tesla will ask its shareholders to vote again on a $56 billion compensation package they had approved in 2018 for CEO Elon Musk before it was squashed by a US court earlier this year.
In a…