SoftBank estimates $4.6 billion gain from Alibaba listing
TOKYO: Japan's SoftBank Corp said it expected a gain of about 500 billion yen ($4.6… Read More
11 years ago
Business
Siemens near deal to buy Dresser-Rand
NEW YORK/LONDON: The German industrial conglomerate Siemens AG is near an agreement to acquire U.S. oilfield… Read More
11 years ago
World Bank’s IFC to take 15 pct stake in Pakistan’s Bank Alfalah
KARACHI: The World Bank's International Finance Corporation (IFC) will take a 15 percent stake in… Read More
11 years ago
Alibaba surges on massive demand in trading debut
NEW YORK: Alibaba Group Holding Ltd's shares surged in their first day of trading on… Read More
11 years ago
Microsoft lays off 2,100 employees, axes Silicon Valley research
SEATTLE: Microsoft Corp (MSFT.O) will close its Silicon Valley research-and-development operation as part of 2,100… Read More
11 years ago
Total resumes $2.5 bln Nigerian deepwater oil field sale
LONDON/LAGOS: France's Total SA, Europe's second largest oil company, has put one of its offshore… Read More
11 years ago
UK’s Ashmore Funds to invest in Pakistan beverage can plant
ISLAMABAD: Ashmore Funds of United Kingdom will invest in manufacturing plant of Pakistan's aluminium beverage… Read More
11 years ago
Apple receives record pre-orders for new iPhones
Apple Inc said it received record first-day pre-orders of its new iPhone 6 and iPhone… Read More
11 years ago
China growth worries rattle Asian stocks, Aussie dollar
SYDNEY: Asian stocks stumbled to a five-week low on Monday after a batch of disappointing… Read More
11 years ago
Ebola adversely affected economic growth in West Africa: IMF
WASHINGTON: Economic growth in Liberia and Sierra Leone could decline by as much as 3.5… Read More
11 years ago
BlackBerry buys UK mobile technology start-up Movirtu
TORONTO/LAS VEGAS: BlackBerry has acquired a U.K-based mobile technology start-up whose software allows users to… Read More
11 years ago
New reserve of Oil and Gas discovered in Attock
ATTOCK: A new fuel reserve of 10.7 Millions of Cubic Feet per Day (MMCFD) gas… Read More
11 years ago
LPG price goes up by Rs.15 in two days
KARACHI: Following yesterday's hike of Rs.10, producers of Liquefied Petroleum Gas (LPG) have made another… Read More
11 years ago
Exhibitors of ‘Alishan Pakistan’ face difficulty in getting visa
ISLAMABAD: Number of exhibitors participating in the 'Alishan Pakistan Exhibition', scheduled to be held in… Read More
11 years ago
UK pound, stocks fall after Scottish independence poll
NEW YORK: Scotland's threat to secede from the United Kingdom knocked the British pound to… Read More
11 years ago
Tsunami of sovereign funds threatens world markets, say investors
LONDON: With returns on government bonds at rock-bottom prices, sovereign wealth funds are muscling into… Read More
11 years ago
Pakistan insurance market set for takaful boost
ISLAMABAD: The insurance sector of country is set for a boost in competition which could… Read More
11 years ago
FBR issues new tax return forms
KARACHI: The Federal Board of Revenue (FBR) has made several reforms in the process of… Read More
11 years ago
Indonesia’s sovereign sukuk attracts $10 billion order book
JAKARTA: The Indonesian government raised $1.5 billion worth of Islamic bonds on Tuesday, attracting the… Read More
11 years ago
KSE 100-Index gains 766.55pts
KARACHI: The Karachi Stock Exchange on Tuesday gained the momentum back recording increase of 766.55… Read More
11 years ago