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Nintendo sees Switch console doubling profit, ending 8-year sales slide

Nintendo sees Switch console doubling profit, ending 8-year sales slide

27-Apr-17

Nintendo Co Ltd  expects its new Switch console to more than double annual operating profit and end the eight-year sales decline that dogged i ...

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Samsung announces notable profits

Samsung announces notable profits

27-Apr-17

SEOUL: Samsung Electronics posted the biggest quarterly net-profit since 2013 on Thursday after the Note 7 exploding battery contr ...

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Pakistan can save  $1.2bn by promoting  local edible oil

Pakistan can save $1.2bn by promoting local edible oil

27-Apr-17

KARACHI: Pakistan can save over $1.2 billion annually by encouraging the domestic edible oil sector, experts on extraction of edib ...

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Pakistani stocks close  marginally bullish amid  directionless trading

Pakistani stocks close marginally bullish amid directionless trading

27-Apr-17

KARACHI: Pakistan stocks lost direction on Wednesday as the Panamagate verdict euphoria subsided as the market closed marginally h ...

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MCB Bank BoD approves financial statements for three months

MCB Bank BoD approves financial statements for three months

27-Apr-17

LAHORE: The Board of Directors of MCB Bank Limited, met under the Chairmanship of Mian Mohammad Mansha, on April 26, 2017 to revie ...

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Buyers make deals for better lint grades   

Buyers make deals for better lint grades  

27-Apr-17

KARACHI: Buyers preferred maintaining their inventories by making deals for better grades on slightly higher price at the cotton m ...

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Sindh Excise Dept collects Rs 41.64bn between July 2016 and March 2017

Sindh Excise Dept collects Rs 41.64bn between July 2016 and March 2017

27-Apr-17

KARACHI: The Excise and Taxation Department has collected Rs 41,647 million worth of taxes during the July 2016 to March 2017 fisc ...

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FFC earns  Rs 2.192bn profit in Q1

FFC earns Rs 2.192bn profit in Q1

27-Apr-17

ISLAMABAD: The Fauji Fertilizer Company Limited (FFC) has announced first quarterly results for the year 2017.

The company ...

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Gold struggling for direction,  confined in  narrow range   

Gold struggling for direction, confined in narrow range  

27-Apr-17

KARACHI: Yellow metal traded in a tight band as prime hedgers and investors avoided big moves on the possible report of better out ...

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Pound slips versus euro, investors await fresh UK impetus

Pound slips versus euro, investors await fresh UK impetus

27-Apr-17

LONDON: Sterling dipped versus the dollar and euro on Wednesday, struggling for direction ahead of first quarter growth numbers du ...

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Luxury spenders defy Japan’s tight-fisted reputation

Luxury spenders defy Japan’s tight-fisted reputation

27-Apr-17

TOKYO: Tight-fisted shoppers, unsteady economic growth and a shrinking population: Japan doesn't exactly fit the image of a spendi ...

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Asia investors boost use of unorthodox data sources in battle to beat benchmarks

Asia investors boost use of unorthodox data sources in battle to beat benchmarks

27-Apr-17

HONG KONG: Sometime in the third quarter of 2016, Blackrock's scientific active equity team, which manages $80 billion (£62 ...

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Berlin sees faster growth, narrower trade surplus ahead

Berlin sees faster growth, narrower trade surplus ahead

27-Apr-17

FRANKFURT AM MAIN: The German government upgraded its economic forecast for 2017 slightly Wednesday, saying that strong domestic c ...

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Prices stable but visitors see some gas stations shut in N Korea

Prices stable but visitors see some gas stations shut in N Korea

27-Apr-17

SEOUL: Some of North Korea's state-run petrol stations are restricting sales or appear to have closed, visitors said on Wednesday, ...

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FTSE little changed as focus turns to earnings   

FTSE little changed as focus turns to earnings  

27-Apr-17

LONDON: British shares were flat on Wednesday, with gains for Standard Chartered and other companies that reported well-received e ...

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Traders drop improper  identification cases against UK watchdog   

Traders drop improper identification cases against UK watchdog  

27-Apr-17

LONDON: A group of senior traders have dropped lawsuits in which they alleged they had been improperly identified in public statem ...

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Australia  inflation moves back into RBA target band   

Australia inflation moves back into RBA target band  

27-Apr-17

SYDNEY: Australia's annual inflation rate has moved back into the central bank's target range for the first time in more than two ...

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China seeks to cement globalisation credentials at Silk Road summit

China seeks to cement globalisation credentials at Silk Road summit

27-Apr-17

SHANGHAI/BEIJING: China says its Silk Road initiative is helping create "a new era of globalization" open to all, according to a d ...

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Credit Suisse seeks capital  security with $4 billion cash call

Credit Suisse seeks capital security with $4 billion cash call

27-Apr-17

ZURICH: Credit Suisse has ditched plans to raise money by listing part of its Swiss business and will instead sell new shares wort ...

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China banks miss out on US investment banking bonanza

China banks miss out on US investment banking bonanza

27-Apr-17

NEW YORK: As scores of investment bankers profit from the fee bonanza offered by Chinese companies hunting for deals in the United ...

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