Wednesday, December 2, 2020

Stocks lost 448 points in noisy week

KARACHI: Trading at the stock market remained choppy during the outgoing week with the KSE-100 index recording a drop of 448 points (1.26 per...

SoftBank Group to sell U.S. cellphone distributor Brightstar in latest asset sale

TOKYO: SoftBank Group Corp said on Friday it would sell U.S. cellphone distributor Brightstar Global Group for an undisclosed price, marking the latest asset...

Bank stocks decline after Trump’s tariff threat

NEW YORK: Bank stocks fell sharply after President Trump’s latest tariff threat sent U.S. Treasury yields tumbling and raised new questions about the outlook...

Stocks gain on brisk U.S. manufacturing survey, stimulus hopes

TOKYO/NEW YORK: Asian shares inched up on Wednesday following buoyant U.S. manufacturing indicators and a rally in U.S. tech shares, with investors also expecting...

Markets brace for crucial G20 signals

LONDON: Stocks eked out meager gains on Friday before a meeting on trade between U.S. President Donald Trump and Chinese President Xi Jinping, capping...

CDA, S&T ministry sign MoU to operate electric buses in Islamabad

The Ministry of Science and Technology has signed a memorandum of understanding (MoU) with the Capital Development Authority (CDA) to launch the electric bus...

UAE equities attractive on low valuations

DUBAI: Investors waiting for the right moment to invest in the UAE markets need not wait any longer, as several key catalysts such as...

Asian shares firm on U.S. stimulus hopes, upbeat China data

SYDNEY: Asian equities started strong on Thursday as a sustained recovery in China’s services sector and the prospect of additional U.S. stimulus whetted risk...

Bitcoin mining profits skyrocketed 24pc

LONDON: United Kingdom bitcoin (BTC) mining operator Argo Blockchain surpassed its own expectations in Q2, the company said in a new report released on...

Tech shares lead as Wall Street monitors stimulus talks

NEW YORK: Technology shares led US stocks higher Thursday as markets weighed mixed economic data and the odds of a last-ditch effort in Washington...

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