Hong Kong stocks tick down in thin trade as property, financials drag
HONG KONG: Hong Kong stocks edged lower in light trading on Monday, as selling pressure on property developers and financial heavyweights outweighed modest gains in tech shares.
Pakistan and world business news from seven outlets, one story per event. Updated 1m ago.
HONG KONG: Hong Kong stocks edged lower in light trading on Monday, as selling pressure on property developers and financial heavyweights outweighed modest gains in tech shares.
Selling was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 800 points during the opening minutes of trading on Monday.
MUMBAI: The Indian rupee is expected to see some respite on Monday , with softer oil prices and further paring of bets on an October Federal Reserve rate hike easing pressure on the currency.
Indian shares were set to open higher on Monday after posting their longest weekly losing streak in 25 years, supported by easing concerns over aggressive US monetary tightening and a pullback in…
Gold prices drifted higher on Monday after recent soft economic data sharply lowered expectations of a Federal Reserve rate hike in October, increasing the appeal of the non-yielding asset.
SINGAPORE: The dollar started the week on a firm footing , hovering near a 17-month high on Monday as traders weighed receding odds of a Federal Reserve rate hike this month after soft US jobs data…
SINGAPORE: Stocks were off to a strong start on Monday while the dollar edged lower and bonds steadied , as investors trimmed bets on an aggressive policy tightening cycle by the Federal Reserve…
SINGAPORE: Crude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final week of September, shipping data showed on Monday, despite attacks on vessels…
LAHORE: Federal Minister for Petroleum Ali Pervez Malik on Sunday said that a summary had also been submitted to the federal cabinet to facilitate the import of LPG from abroad so that consumers…
ISLAMABAD: The Lahore High Court (LHC) has ruled that payment of a disputed amount under protest cannot, by itself, be treated as an admission of guilt before the Federal Board of Revenue (FBR).
KARACHI: Pakistan’s multibillion-rupee wood industry is facing serious challenges due to regulatory restrictions on wood imports, prompting the wood traders to urge the government to allow the…
TEHRAN: Iran’s oil minister Mohsen Paknejad has resigned and been replaced by the country’s top oil executive, the president’s office said in a statement on Sunday, amid a blockade on Tehran’s oil…
KARACHI: United Business Group (UBG) President Zubair Tufail has expressed concern over Pakistan’s trade deficit reaching $10.8 billion during the first quarter of the current fiscal year.
KARACHI: A large number of people attended the rally of Jamaat-e-Islami (JI) here Sunday to express solidarity with the Palestinians.
LAHORE: Punjab Police continues to take priority measures for the welfare of its force and their families.
FAISALABAD: A delegation of Russian research and development (R&D) company, a manufacturer of pesticides and agrochemicals Schelkovo Agrohim, visited the University of Agriculture Faisalabad (UAF)…
LAHORE: The Kissan Board Pakistan (KBP) has demanded immediate announcement of support prices of Rs 5,000 per 40kg for wheat and Rs 700 per 40kg for sugarcane, warning that farmers would launch…
LAHORE: Chief Minister Punjab Maryam Nawaz Sharif on Sunday formally launch-ed five road projects under the Punjab Public-Private Partnership (PPP) Authority, handing their management and operations…
PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) recorded a 24 percent growth in Sales Tax on Services (STS) collection during the first three months of the financial year 2026-27, collecting…
PESHAWAR: The Bank of Khyber (BoK), in collaboration with the Women Chamber of Commerce and Industry, Dir, organised a special financial literacy session in Chakdara to promote women’s access to…
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