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Apple approaches $4 trillion valuation as investors bet on AI momentum

Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company's long-awaited AI enhancements to rejuvenate...

Global stocks start September in cautious mood

Stock markets fell slightly on Monday as investors braced for a data-packed week culminating in a U.S. jobs report that could decide whether a...

Indian shares log biggest weekly drop in a month

Indian shares fell more than 1% on Friday and posted their biggest weekly loss in a month as investors shunned risky assets on worries...

OGRA says country has sufficient fuel stock

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has rejected rumours of an increase in prices of petroleum products, saying that the country has more...

Pakistan has a stock of over 1mn doses of COVID vaccine: Dr Faisal Sultan

Any pressure in the system and local distribution issues will be eased by Monday or Tuesday, the SAPM on Health said.

Indian traders face ‘absolute havoc’

The National Stock Exchange opened around 9:15 a.m. local time as usual, but traders said prices on its main indexes stopped updating about an hour later

US senators face calls to resign for dumping stock before coronavirus crash

Two Republican senators faced calls on Friday that they resign over reports they sold substantial amounts of stock ahead of the global coronavirus-induced market meltdown.

Amazon halts grocery orders to restock amid surging demand

Amazon said on Thursday it has halted its Prime Pantry delivery service in the United States to restock groceries, following a surge in online orders by shoppers worried about the coronavirus pandemic.

Markets far from merry as stock losses extend into seventh day

LONDON: World stocks were set for their seventh straight day of losses on Monday, as investors nervy about the possibility of a prolonged U.S....

Pakistan shares, rupee open firm as election results eyed

KARACHI: Shares in Pakistan rose to their highest in more than three weeks in early trade on Thursday, while the Pakistani rupee traded firmer...

Zuckerberg sells nearly $500 million Facebook stock in February

Facebook Chief Executive Officer Mark Zuckerberg sold nearly $500 million in the company’s shares in February to fund his philanthropic investment vehicle, the Chan...

Dollar heads into 2018 on a weaker note, Asia stocks mostly up

HONG KONG: The dollar suffered fresh pressure on Friday as traders cash in the recent gains fuelled by Donald Trump's tax cuts, while most...

Israel regulator seeks to ban bitcoin firms from stock exchange

JERUSALEML: Israel’s markets regulator said on Monday he will propose regulation to ban companies based on bitcoin and other digital currencies from trading on...

Shares of ‘arrested’ Saudi billionaire’s company dive 9.9%

RIYADH: Shares in Kingdom Holding, 95 percent of which is owned by billionaire Prince Al-Waleed bin Talal, dived 9.9 percent as the Saudi stock...

Saudi stock market up after new heir named

RIYADH: The Saudi stock market was up four percent Wednesday on news that King Salman had named his powerful son as heir and that...

Snap stock falls as alleged CEO comments rile some on social media

Shares of Snap fell 1.5 percent on Monday as the Snapchat owner faced criticism for comments allegedly made by its CEO about not prioritising...

Apple stock hits highest since December on Samsung Note 7 fire crisis

SAN FRANCISCO: Apple Inc's (AAPL.O) stock on Monday jumped 2.3 per cent , reaching a high not seen since December, after rival Samsung Electronics...

Special Report: Why Obama and other gun control advocates own stock in firearms makers

WASHINGTON: Barack Obama might seem an unlikely investor in the firearms industry. But the U.S. president, a fierce advocate for gun regulation, has money in a pension fund that holds stock in gun and ammunition companies.

Karachi, Lahore, Islamabad stock exchanges to become Pakistan Stock Exchange after merger

KARACHI: Pakistan's benchmark Karachi Stock Exchange (KSE) will become the Pakistan Stock Exchange next week after merging with two other bourses to become the single share trading entity in the country, officials said Friday.

Paris stocks slide after terror attacks

PARIS: The Paris stock market slid Monday in nervous but volatile trade in the wake of devastating terror attacks on the French capital.
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