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One-Quarter of Working Americans Have Zero Retirement Savings
WASHINGTON—Many American households remain financially fragile and uncertain about their retirement prospects despite a booming job market that is lifting wages, according to a Federal Reserve survey released Thursday. One-quarter of…
Tesla stock ‘bear case’ is $10, Morgan Stanley says- MarketWatch
Tesla Inc. shares slid further on Tuesday after analysts at Morgan Stanley said their worst-case scenario for the stock is $10, mostly on concerns about faltering demand and worries that the Silicon Valley car maker might have grown “too…
Wall St. pressured as Huawei fallout hits tech shares
NEW YORK (Reuters) - U.S. stocks slid on Monday as the White House’s restrictions on Chinese telecom equipment company Huawei Technologies Co Ltd weighed on the technology sector and raised concerns that the move would…
3 Healthcare Stocks I’d Buy Right Now
They're leaders in their markets. And those markets should grow tremendously. Only a few weeks ago, I wrote that this could be the most dangerous time ever to invest in healthcare stocks. I wasn't exaggerating. There has never been as much…
General Tyre, Rubber’s earnings sink record low
Quarterly 96pc, to-date earnings 83pc down,
Experts see hard time ahead for company
M Jahangir Hayat
LAHORE: The General Tyre and Rubber Company of Pakistan Limited has post poor results as both quarterly and nine monthly…
Bid to smuggle Rs650m ketamine foiled: Customs AIIA officers awarded certificates of excellence
Our Special Correspondent
LAHORE: Chief Collector Customs and collector Lahore Preventive have
awarded the customs Airport officers and officials for foiling bid to
smuggle 275 kg ketamine worth billions…
Asia markets face more pain after China retaliates with higher tariffs
Hong Kong (CNN Business)The escalating trade war between the United States and China is causing fresh pain for global investors. Wall Street's rout extended to Asia on Tuesday. Hong Kong's Hang Seng (HSI) fell 1.7% in afternoon trading. The…
Whole Foods and These Other Major Retailers Are Now Accepting Bitcoin
Whole Foods, Nordstrom, and Crate & Barrel can now accept bitcoin and other forms of cryptocurrency at their retail stores. Spend Bitcoin at Whole FoodsWhole Foods, Nordstrom, Crate & Barrel and many other retailers are now able to…
Shares claw higher before U.S. jobs data, oil sinks again
LONDON (Reuters) - World stocks were battling to avoid their first weekly fall in six weeks on Friday, as investors waited to see whether key U.S. jobs data later would give the Federal Reserve another reason to dismiss rate…
Dollar remains unchanged in interbank, closes at Rs141.39
ISLAMABAD: The exchange rate of United States dollar remained unchanged in interbank and was traded at Rs141.39, State Bank of Pakistan (SBP) reported on Friday.
The SBP said that in the interbank, the exchange rate of Euro and Japanese…
Progress in U.S.-China trade talks spurs world stock rally
LONDON (Reuters) - Progress in the U.S.-China trade talks helped propel world stock markets to a 6-month high on Friday and steered investors away from save havens such as the Japanese yen. FILE PHOTO: A woman walks past a markets index…
Soybeans, corn set for weekly losses on dismal US exports
SINGAPORE: Chicago soybean and corn futures slid on Friday with both markets set for weekly declines, under pressure from disappointing US weekly exports and ample global supplies.
Wheat edged higher but the market is poised for a weekly…
Singapore’s GDP growth slows to 1.3pc in Q1: MTI advance estimates
SINGAPORE: The Singapore economy grew 1.3 per cent year-on year in the first quarter of 2019, according to advance estimates released by the Ministry of Trade and Industry (MTI) on Friday.
The official estimate marked a slowdown from 1.9…
Asian shares near eight-month highs, U.S.-China talks in view
SYDNEY (Reuters) - Asian shares held near an eight-month peak on Thursday as investors awaited developments on Sino-U.S. trade talks, with both sides appearing closer to signing a deal and improved risk appetite weighing on…
Asian shares scale seven-month highs; oil nears $70 on tight supply
SHANGHAI (Reuters) - Asian shares rose to seven-month highs on Wednesday as investors lapped up signs of progress in U.S.-China trade talks and brisk economic data, while oil approached the key $70 per barrel mark.
MSCI’s…
Top 5 Things to Know in the Market on Friday – Investing.com
© Reuters. Investing.com - Here are the top five things you need to know in financial markets on Friday, March 29: 1. U.S. stocks set for best quarterly performance since 2009 U.S. futures pointed to a higher open on Friday with the on…
Tomato production of 593.2 thousand tons expected
LAHORE: Local tomato production is likely to reach 593.2 thousand tons during the current season, which would be more then sufficient for domestic consumption as well as to exports. The tomato crop had been cultivated over 66.08 thousand…
Contemporary markets, austerity and worsening life standards
Tamoor Ahmed Malik
As a consumer, when we buy something we make sure that it’s a right thing at a right price. We chose them because they reflect a particular sense and standard of living. The contemporary free markets offer quality and…
Asian markets see modest gains as US takes a break
Hong Kong, Nov 22 (AFP): Asian equities chalked up modest gains Thursday in light trading ahead of the US Thanksgiving holiday, following a rebound in energy and tech stocks on Wall Street.
But analysts cautioned the tepid uplift in New…
European stock markets open lower
London: European stocks fell at the opening bell on Tuesday, mirroring Asian losses as a global sell-off picked up speed.
In initial trade, London's benchmark FTSE 100 index was down 0.5 percent at 6,968.79 points.
In the eurozone,…
Passive investing makes for end-of-day whirlwinds on Wall Street
New York (AFP/APP): The rise of passive investing on Wall Street has concentrated stock market action in the final moments of the trading day -- exacerbating steep, last-minute nosedives in stock values with increasing frequency.
Analysts…
Hong Kong stocks slip as energy firms take hit
Hong Kong: Hong Kong stocks ended sharply lower Wednesday, with energy firms taking another beating as investors were spooked by plunging oil prices.
The Hang Seng Index finished down 0.54 percent, or 138.44 points, at 25,654.43.
The…
European stock markets extend gains
London: European stock markets rose further at the open on Thursday, building on the previous session's gains thanks to an expected result in US midterm elections.
London's benchmark FTSE 100 index climbed 0.3 percent to 7,137.88 points,…
Hong Kong stocks open with strong gains
Hong Kong: Hong Kong stocks rallied at the open on Thursday, tracking a surge on Wall Street as investors bet the result of the US midterms will prevent Donald Trump pushing through fresh inflation-fuelling fiscal measures.
The Hang Seng…
Capital market gains more than 1,400 points
KARACHI: The Pakistan Stock Exchange (PSX) during the preceding week recorded a gain of more than 1,400 points as the positive aura emanating from the Saudi package for the country’s economy and hopes of similar offering from China helped…
US stocks end lower on revived China trade angst
NEW YORK: Wall Street stocks finished lower on Saturday ending a three-day winning streak on renewed uncertainty over US-China trade talks and disappointing Apple results.
The tech-rich Nasdaq Composite suffered the biggest drop, shedding…
Asian markets mostly down, trade war fears back in headlines
Asian markets mostly fell Tuesday with Hong Kong and Shanghai stocks sinking following a report that the White House is preparing to impose tariffs on all its Chinese imports, throwing the trade war back into the spotlight.
The story…
Asian shares swing after Wall St fall, bargain-buyers add support
Hong Kong: Asian stocks fluctuated Monday with investors still on edge after last week's rout, with caution after another hammering for Wall Street offsetting bargain-buying.
Even a forecast-busting jump in US economic growth in the third…
Dollar further slips by 23 paisa in interbank
KARACHI – The value of US dollar declined by 23 paisa against Pakistani Rupee in the interbank market on Thursday.
Following the slip, dollar is being traded around Rs131.80. The buying price of dollar is Rs130.50 while selling price is…
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