investing

AFP/APP Tokyo: 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…

AFP/APP New York: Wall Street stocks shot higher Wednesday afternoon after Federal Reserve Chair Jerome Powell said the central bank is "unlikely" to raise interest rates. Major indices were up about one percent or more after Powell…

AFP/APP Jakarta: 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/APP London: US stocks rebounded Friday on the back of buoyant big tech earnings while London hit another record peak as investors tracked a series of takeover bids for UK companies. Wall Street opened higher as traders shrugged…

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…

AFP/APP London: Major stock markets in Asia and Europe mostly rose Thursday with traders mulling the outlook for US interest rates as Federal Reserve officials questioned the need for a cut anytime soon. Oil prices extended the…

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…

AFP/APP  Tokyo: Tokyo stocks opened lower on Thursday after hotter-than-expected US inflation data drove down Wall Street shares, while the yen briefly hit a 34-year low. The benchmark Nikkei 225 index dropped 1.07 percent, or 425.06…

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. …

AFP/APP  London: Wall Street stocks slumped on Wednesday after data showed US consumer inflation continued to accelerate last month, reducing the chances of an early interest rate cut from the Federal Reserve. The annual consumer…