Record gold prices in India fail to unlock scrap supply
- 18-Sep-2025
NEW DELHI: Supplies of used gold jewellery and coins, typically released when investors book profits, have been scarce in India, as many expect bullion prices to continue climbing even after reaching new highs almost every week. This contrasts with March, when spot gold first crossed $3,000 an ounce and retail customers rushed to sell their […]
SECP files criminal case against two over front-running trading
- 17-Apr-2024
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) filed criminal complaint against two on charges of front-running, ARY News reported. “Based on an investigation conducted under the Securities Act, 2015, the SECP has filed a criminal complaint against two individuals who were found involved in front-running equity trading by a large institutional investor during […]
Oil drops almost 2% as investors watch Red Sea developments
- 28-Dec-2023
NEW YORK: Oil prices dropped nearly 2% on Wednesday, eating into the previous day’s gains as investors monitored developments in the Red Sea, where shippers are returning despite further attacks on Tuesday. Brent crude futures settled down $1.42, or 1.8%, at $79.65 a barrel. US West Texas Intermediate crude fell $1.46, or 1.9%, to $74.11. […]
PM urges investors to benefit from opportunities in Pakistan’s renewable energy sector
- 03-Mar-2023
ISLAMABAD: Prime Minister Shehbaz Sharif has urged local and foreign investors to take benefit from investment opportunities in Pakistan’s renewable energy sector. He was talking to a four-member delegation of Karachi Electric that called on him in Islamabad on Friday. The Prime Minister said the government is giving priority to generating electricity from renewable energy […]
Adani investors rally to $2.5 billion share sale
- 31-Jan-2023
Gautam Adani’s crucial $2.5 billion share sale was fully subscribed on Tuesday as investors pumped funds into his flagship firm, despite a $65 billion rout in the Indian billionaire’s stocks sparked by a short-seller’s report. The fundraising is critical for Adani, not just because it will help cut his group’s debt, but also because it is […]
Pakistan will not default, Ishaq Dar assures investors at PSX
- 28-Dec-2022
ISLAMABAD: Pakistan is heading in the right direction and will not default, Finance Minister Ishaq Dar said on Wednesday while assuring investors at the Pakistan Stock Exchange (PSX), ARY News reported. Addressing a ceremony, the finance czar said that Pakistan has a “beautiful future and a resilient economy” and there is no chance of default. […]
What are FTX’s investors saying?
- 16-Nov-2022
FTX, formerly one of the world’s largest crypto exchanges, is seeking new funding after a rush of customer withdrawals left it on the brink of collapse. Regulators froze some assets of the digital currency exchange and industry peers are trying to limit losses, while former FTX Chief Executive Sam Bankman-Fried is coming under scrutiny. FTX, founded in […]
Three out of four bitcoin investors have lost money: study
- 15-Nov-2022
ZURICH: Roughly three-quarters of people who have bought bitcoin have lost money according to a study as the cryptocurrency sector reels from the collapse of a major exchange that has sapped confidence. Economists at the Bank of International Settlements, an institution widely considered as the central banks of central banks, analysed data on investors in […]
Russia bans Western investors from selling banking, key energy stakes
- 05-Aug-2022
Russia has banned investors from unfriendly countries from selling shares in key energy projects and banks until the end of the year, stepping up pressure in the sanctions stand-off with the West. Western countries and allies, including Japan, have piled financial restrictions on Russia since it sent troops into Ukraine in late February. Moscow retaliated […]
PM Shehbaz vows to facilitate Saudi investors
- 20-Jun-2022
ISLAMABAD: Prime Minister Shehbaz Sharif has invited Saudi Arabia’s businessmen to make investments in various economic sectors of Pakistan, vowing that the government would facilitate investors in every way possible. Talking to a delegation of Saudi businessmen and investors in Islamabad, the premier assured that the investments of Saudi businessmen would be fully secure and […]