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Business
Tesla Profits Tumble But Shares Rise on New Vehicle Plan
AFP/APPNew York: Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied as CEO Elon Musk pledged to accelerate plans for a more affordable EV.Tesla reported…
Foreign Exchange Rates
APPKarachi: The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Wednesday. USD 278.2500 GBP 343.7779…
Tokyo Stocks Open Higher, Tracking US Gains
AFP/APPTokyo: Tokyo stocks opened higher on Wednesday after Wall Street rose for a second straight session on good corporate earnings.The benchmark Nikkei 225 index was up 1.04 percent, or 388.86 points, at 37,941.02 in early trade,…
Rupee Sheds 04 Paisa Against Dollar
APPIslamabad: Pakistani Rupee on Tuesday depreciated by 04 paisa against the US dollar in the interbank trading and closed at Rs 278.37 against the previous day’s closing of Rs 278.33.However, according to the Forex Association of…
PSX Loses 74 Points
APPIslamabad: 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/APPNew 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/APPTokyo: 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
APPIslamabad: 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/APPHong 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
APPKarachi: 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…