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Irish business sentiment rises to 8-year high

DUBLIN: Business activity and personnel hiring are both expected to continue growing strongly this year on the back of a marked increase in economic confidence. While the latest edition of the KBC Bank (Ireland)/Chartered Accountants Ireland Business Sentiment Survey, covering the first quarter of this year, stresses its latest positivity points to “another step-up” in conditions, rather than a sea-change, ... Read More »

South Korea downgrades growth forecast

SOUTH KOREA: South Korea, the world’s 4th largest economy has decided to cut its growth forecasts for the following and coming year in in order to protect and guard consumers and business sentiment. The Ministry of Strategy and Finance said on Monday the economy would now grow by 3.4% this year, down from the 3.7% it forecast in July. Growth ... Read More »

Midday: Buoyancy keeps KSE afloat with 78 points

KARACHI: Buoyancy kept the Karachi Stock Exchange afloat as the benchmark KSE-100 index sustained modest gains of 78 points or 0.26% to cling to the level of 30283 points, though slight below the early gains of 83 point, till the midday trading on Friday. The sentiments remained positive, boosting confidence of the investors and keeping the score board ticking. The ... Read More »

Midday: KSE-100 index cheers up at hope for end to political impasse

KARACHI: The stocks was buoyed up by the hope for an apparent end to the prevailing political impasses as Karachi Stock Exchange 100 index bounced back with an increase of 886 points to reach 28660.37 in the midday trading on Friday. Sentiments at the market were high at the opening of the day as it gained more than one thousand ... Read More »

Imran, Qadri sit-ins: A mixed week for KSE 100-index

KARACHI: A war of nerve between bulls and bears had been continuing at the Karachi Stock Exchange for the entire previous week as the KSE 100-index jolted many a time owing to Azadi and Inqilab marches led by Imran Khan, the chief of Pakistani Tehreek-e-Insaf (PT) and Dr Tahirul Qadri, the chief of Pakistan Awami Tehreek (PAT) in the federal ... Read More »

KSE rises by 200 points amid thaw in political impasse

KARACHI: Amid signs of thaw in the prevailing political impasse that have gripped Pakistan for the past one week, stocks witnessed a sharp rise on Thursday as Karachi Stock Exchange 100-index rose by 200.41 points and crossed the level of 28865.25. On the other hand, in inter-bank market, the dollar fell to Rs 100.90 as it saw a slight decline ... Read More »