markets

AFP/APP Hong Kong:Asian markets rose Friday after falling for much of the week, with below-forecast US data injecting some fresh life into hopes the Federal Reserve will cut interest rates this year. The readings came ahead of the…

AFP/APP Hong Kong: Asian equities rallied Thursday after US data showed inflation cooled last month, fuelling speculation that the Federal Reserve will cut interest rates twice this year. The news sent all three main indexes on Wall…

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 Copenhagen: Danish shipping giant Maersk posted a huge drop in net profit for the first quarter on Thursday as Yemeni rebel attacks force it to avoid the vital Red Sea route. Maersk reported a net profit of $177 million in the…

News Desk  Islamabad: In a recent notification issued by the Ministry of Finance, reductions in the prices of petroleum products have been declared. As per the official notification, the price of petrol has been slashed by Rs 5.45,…

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 Tokyo: The Bank of Japan kept its ultra-low interest rates unchanged Friday and stopped short of signalling another hike, pushing the yen to a fresh 34-year low against the dollar. Officials last month announced the first…

AFP/APP Hong Kong: Asian equities were mixed Thursday as investors turned cautious after the past three days' sizeable gains, with Meta's warning that it will spend far more than expected this year fuelling worries that the latest…

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…