The Pakistan Stock Exchange (PSX) ended the week on a higher note, with the benchmark KSE-100 index rising 1,435.34 points or 1.26%, ending Friday’s session at 115,272.08. The index witnessed an intraday high of 115,356.12 and a low of 113,571.95, reflecting increased investor activity amid political and economic developments. The market started cautiously as participants … Read more
The European Commission reaffirmed on Wednesday that it is fully implementing the Digital Markets Act (DMA) and the Digital Services Act (DSA) without delay, dismissing reports of delaying investigations into major US technology companies such as Apple, Meta and Google. Hina Virkkonen, Vice-President of the Commission, said that the ongoing investigations are still at a … Read more
Singapore: Spot prices for liquefied natural gas in Asia rose this week to their highest level this year so far, tracking gains in European gas and amid cooler temperatures in both regions. Industry sources estimate that the average price of LNG for January delivery to Northeast Asia rose to $14.60 per million British thermal units. … Read more
Deputy Prime Minister and Federal Foreign Minister Ishaq Dar stressed the importance of a strong competition framework to drive economic growth, promote innovation and attract investments. During his meeting with Dr. Kabir Sidhu, Chairman, Competition Commission of Pakistan, Mr. Dar was briefed on the Commission’s efforts to strengthen competition law enforcement. Dr. Sidhu outlined initiatives … Read more
On Thursday, Florida announced it would retain coach Billy Napier for the foreseeable future — likely through the 2025 season — making a strong statement about the program’s commitment to its third-year leader. It’s one of the more unexpected decisions of the 2024 season, given Florida’s uninspiring 4-4 record, eight games into what many considered … Read more
A stock broker monitors stock prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on May 16, 2022. — AFP Circulation remains strong, with 587 million notes in circulation. Systems, Lucky, Cherat, Hubco, Engro, are among the top performers. Analysts say Qatar and Saudi Arabia’s investment pledges have boosted sentiment. Stocks … Read more