Asia stocks lower ahead of central bank meetsAsian markets dropped Monday, following Wall Street's downbeat finish last week on fears that US economic growth has peaked, and with investors cautious ahead of key central bank meetings. Trading was...
PSX index sustains bullish momentum, up 770 pointsKARACHI: Pakistan equities carried its winning streak on Monday into the new week with Benchmark KSE100 Index settling above 43,500 levels, up 1.8 percent day-on-day (DoD). Bulls continued the run acr...
Phone monopoly is big prize in Ethiopia sell-offIn the weeks since Ethiopia announced sweeping privatization plans after decades of state control, foreign businessmen have been beating a path to Belachew Mekuria's office. "Everyone is here. MTN is...
Oil prices edge higher but trade row caps gainsOil prices rose on Monday with US benchmark WTI moving higher after four weeks of declines, but gains were limited as the fallout from trade tensions weighed on markets. Brent crude futures rose 13 ce...
Singapore’s offshore industry recovering, but no return to glory daysA big drag on Singapore’s growth in recent years, the embattled offshore and marine industry, has broken a three-year losing streak. Yet industry executives aren’t betting on a return to the glory day...
Better grades of lint remains in demand amid firm physical pricesBetter grades of cotton remained in demand amid firm physical prices during the trading session at cotton market and around 1,800 bales of cotton changed hands. The Karachi Cotton Association (KCA) sp...
Yellow metal price sustains firm trend on hedging, short term dealsYellow metal price in domestic and international market sustained value stability on long and short term basis deals while deals on dollar-metal price parity put trading moderate. Major leading buyers...
KMBL, Allied Solar ink deal to facilitate customersIn a bid to solar home system and lighting solutions, Khushhali Microfinance Bank (KMBL) Pakistan has inked an accord with Allied Solar in order to offer facility on easy installments to its customers...