Business

Japan’s yen hits new 34-year low; US dollar rises

TOKYO (Reuters): The US Dollar (USD) soared to a fresh 34-year high against the yen on Friday, bolstered in part…

1 week ago

Tokyo stocks close higher

TOKYO (AFP/APP): Tokyo stocks closed higher on Friday after the Bank of Japan kept its key interest rate unchanged. The…

1 week ago

SBP to announce monetary policy on April 29

F.P. Report ISLAMABAD: The State Bank of Pakistan (SBP) will announce Monetary Policy on April 29 in a meeting of…

1 week ago

Ahsan assumes office president and CEO of Engro Corporation

F.P. Report KARACHI: Ahsan Zafar Syed has assumed the office of President & CEO Engro Corporation, after the completion of…

1 week ago

Copper price tops $10,000 for first time in two years

LONDON (AFP): Copper prices rallied Friday above $10,000 per tonne for the first time in two years, propelled by soaring…

1 week ago

Pakistan’s weekly inflation falls by 1.1 percent

F.P. Report ISLAMABAD: The weekly inflation measured by the Sensitive Price Indicator (SPI), witnessed a decrease of 1.10 per cent…

1 week ago

Merck raises 2024 profit forecast on cancer drug sales

NEW YORK (Reuters): Merck & Co on Thursday raised its annual profit and revenue forecasts on the back of strong…

1 week ago

Turkey central bank holds key interest rate steady

ANKARA (AFP): Turkey's central bank held its key interest rate steady on Thursday but warned it could hike it again…

1 week ago

German auto supplier Continental pays ‘dieselgate’ fine

BERLIN (AFP): German auto supplier Continental said Thursday it had agreed to pay a 100-million-euro ($107-million) fine to settle legal…

1 week ago

Labour pledges to renationalise UK railways

LONDON (AFP): Britain's main Labour opposition on Thursday vowed to renationalise the UK's much-maligned rail services within five years if…

1 week ago

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