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Business
US Inflation Accelerates, Dampening Rates, Cutting Hopes
AFP/APP
Washington: US consumer inflation continued to accelerate last month, according to government data published Wednesday, reducing the chances of an early interest rate cut from the Federal Reserve in a tense election year. …
Tokyo Stocks Close Higher After US Tech Rallies
AFP/APP
Tokyo: Tokyo stocks closed higher on Tuesday, helped by rallies in US tech giants and a weaker yen.
The benchmark Nikkei 225 index added 1.08 percent, or 426.09 points, to 39,773.13, while the broader Topix index ended up…
Gold Rates Up by Rs 1,900 to Rs 247,600 Per Tola
APP
Islamabad: The per-tola price of 24 karat gold witnessed an increase of Rs 1,900 and was sold at Rs 247,600 on Tuesday as compared to its sale at Rs 245,700 on the previous day.
The price of 10 grams of 24 karat gold increased by…
Stocks Slide Before US Inflation, ECB Meeting
AFP/APP
London: US and European stocks retreated on Tuesday as investors awaited this week's US inflation data, the eurozone central bank meeting, and corporate results.
Investors will be poring over US consumer price data to be…
Pakistan Stock Exchange Index Hits Historic 70,000 Mark
News Desk
Islamabad: Business has started positively in Pakistan Stock Exchangetoday (Tuesday) where 100 index has crossed 70,000 points.
The 100 index of the Pakistan Stock Exchange rose by 510 points to 70,130.
The index closed…
Global Stocks Mixed Ahead of ECB Decision, US Inflation Data
AFP/APP
New York: Global equities were mixed Monday at the start of a busy week that will feature a eurozone interest rate decision, the kickoff of earnings season, and key US inflation data.
After a positive round in most Asian…
Rupee Sheds Two Paisa Against Dollar
APP
Islamabad: The Pakistani rupee witnessed a devaluation of 02 paisa against the US dollar in interbank trading and closed at Rs 277.94 against the previous day's closing of Rs277.92.
However, according to the Forex Association of…
PSX Closed at Historic High Level of 69,619 Points
APP
Islamabad: The 100-index of the Pakistan Stock Exchange (PSX) continued with a bullish trend on Monday, gaining 1203.20 points, a positive change of 1.76 percent, and closing at the historic level of 67,619.99 points against…
Tokyo Stocks Open Higher
AFP/APP
Tokyo: Tokyo stocks opened higher on Monday as investors took heart from Wall Street rallies on strong job data.
The benchmark Nikkei 225 index was up 1.01 percent, or 392.88 points, at 39,384.96 in early trade, while the…