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Business
Oil Prices Hit Fresh Five-Month High
AFP/APPNew York: Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output.Eurozone stocks advanced as a drop in…
PSX 100 Index Climbs to New Heights
APPIslamabad: The Pakistan Stock Exchange (PSX) 100 index achieved a historic milestone today by surpassing the 68,000 mark for the first time in its history.The trading day commenced with a positive momentum as the 100 index surged…
Currency Rates of the NBP
APPKarachi: Following are the selling and buying rates of major currencies issued by the National Bank of Pakistan (NBP) here on Thursday. CURRENCY SELLING BUYING USD …
Tokyo Shares Open Higher
AFP/APPTokyo: Tokyo stocks opened higher on Thursday after US tech shares gained in mixed Wall Street trade.The benchmark Nikkei 225 index was up 1.24 percent, or 489.25 points, at 39,941.10 in early trade, while the broader Topix…
Three Companies in Running for NASA’s Next Moon Rover
AFP/APPWashington: Three companies are in the running to provide NASA's next moon rover for crewed missions planned later this decade, the space agency said Wednesday.Texas-based Intuitive Machines, which landed a robot near the…
Asian Markets Lifted by US Data, Fresh Rate Cut Hopes
AFP/APPHong Kong: Asian markets rose Thursday after US data provided a fresh indicator that inflation was easing and Federal Reserve boss Jerome Powell soothed worries about the bank's plans to cut interest rates this year.An…
Asian Markets Hit by Dimming US Rate Hopes, Taiwan Quake
AFP/APP Hong Kong: Asian markets tumbled Wednesday as investors grew increasingly skeptical that the Federal Reserve will cut interest rates as much as hoped this year, while a massive earthquake in Taiwan added to the sense of gloom.…
Rupee Sheds 8 Paisa Against Dollar
APPIslamabad: The Pakistani rupee witnessed a devaluation of 8 paisa against the US dollar on Wednesday in interbank trading and closed at Rs 277.91 against the previous day's Pakistani rupee witnessed a devaluation of 8 paisa against…
PSX Turns Around to Bullish Trend, Gains 89 Points
APPIslamabad: The 100-index of the Pakistan Stock Exchange (PSX) on Tuesday turned around to a bullish trend, gaining 89.94 points, a slight positive change of 0.13 percent, and closing at 66,886.26 points against 66,796.32 points the…
Gold Hits Record Peak, Oil Rises on Geopolitical Tensions
AFP/APPNew York: Gold prices hit another historic peak Tuesday, and oil extended gains over rising tensions in the Middle East, while stocks wilted as traders worried whether the rally had run its course.The haven precious metal…