business

AFP/APPHong Kong: Asian markets fluctuated Wednesday as the latest rally ran out of steam due to a lack of major catalysts, while investors contemplated the outlook for monetary policy.While Europe enjoyed a firm session, Wall…

APPIslamabad: The 100-Index of the Pakistan Stock Exchange (PSX) witnessed mixed trend on Tuesday, with a nominal loss of 3.04 percent, closing at 72,761.20 points against 72,764.24 points the previous trading day.A total of…

AFP/APPSingapore: Amazon said Tuesday it would invest $9 billion in Singapore over the next four years to expand its cloud computing capabilities in the city.The tech giant said the figure doubles its investment in the city-state…

News Desk Islamabad: In the Pakistan Stock Exchange (PSX), the 100 index showed strong performance today, gaining over 1000 points. However, the record high of 73,300 points remains unbroken.The benchmark 100 index closed at 72,764,…

AFP/APPTokyo: 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…

APPIslamabad: 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…

AFP/APPSeoul: Samsung Electronics said Tuesday that its first-quarter operating profits had risen nearly tenfold year-on-year amid recovering chip prices and growing demand, notably for generative AI.The firm is the flagship…

AFP/APPTokyo: Tokyo stocks opened higher on Tuesday after gains on Wall Street, with a focus on the yen amid speculation of Japanese government intervention to prop up the currency.The benchmark Nikkei 225 index was up 0.96…

AFP/APPJakarta: Microsoft's chief executive officer met the president of Indonesia on Tuesday, pledging a $1.7 billion investment in artificial intelligence and cloud computing to help develop the archipelago's AI infrastructure. …

AFP/APPHong Kong: The yen sank to a new 34-year low past 160 per dollar on Monday after a forecast-beating US inflation reading dented expectations for US interest rate cuts this year.The greenback bought 160.17 yen in morning trade…