With Fed set to hike US rates, ‘ultra-cheap money’ era nears end Consumers, companies and financial markets are bound to see borrowing costs rise as the Federal Reserve gets ready ... Published 29 Jan, 2022 06:05am
Business & Finance Tesla countersues JPMorgan over contract affected by Musk tweet NEW YORK: Tesla Inc on Monday fought back against JPMorgan Chase & Co over a disputed bond contract, ... Published 24 Jan, 2022 09:59pm
Print Saleem Ahmad made PC Chairman ISLAMABAD: The federal government has appointed new chairman Privatisation Commission Saleem Ahmad with immediate... Updated 21 Jan, 2022 09:35am
Markets S&P 500, Nasdaq edge higher after upbeat earnings reports The S&P 500 and Nasdaq edged higher in a choppy trading session on Wednesday after quarterly results from a... Published 20 Jan, 2022 01:23am
Business & Finance Higher costs hit JPMorgan Chase as it reports huge 2021 profits NEW YORK: Higher labor costs bit into JPMorgan Chase’s fourth-quarter results, but the US bank on Friday still... Published 17 Jan, 2022 07:06am
Business & Finance Wells Fargo beats profit estimates on uptick in loan demand, cost cuts Wells Fargo & co on Friday beat analysts' estimates for fourth-quarter profit as a rebound in U.S. economic... Published 14 Jan, 2022 11:08pm
BR Research Oil price: Bulls are staying! As international crude oil prices hit a 2-month high earlier this week, hopes of a likely respite are fading fast.... Published 14 Jan, 2022 07:58am
Markets Wall Street climbs in upbeat start to 2022 NEW YORK: US stock indexes inched higher on Monday, looking to extend a market recovery from the pandemic shock into... Published 04 Jan, 2022 06:54am
Opinion After inflation, a bond supply shock may be next for markets Central banks, the developed world’s most reliable group of bond buyers, could slash debt purchases next year by ... Published 21 Dec, 2021 04:14am
Business & Finance Sterling remains near 2021 lows vs dollar LONDON: Sterling was pinned near 2021 lows against the US dollar while it drifted higher against the euro on Tuesday... Published 08 Dec, 2021 06:22am
Print Saleem replaces Soomro as PC board chairman ISLAMABAD: The federal government has relieved Minister for Privatisation Mohammed mian Soomro from the position of... Updated 01 Dec, 2021 12:16pm
Business & Finance Dimon says he regrets comment on JPMorgan outlasting China CP HONG KONG/NEW YORK: JPMorgan Chase Chief Executive Jamie Dimon said on Wednesday he regretted his remarks that the... Published 26 Nov, 2021 05:15am
Business & Finance Spain's Konecta hires JPMorgan, BNP Paribas to find buyer, Expansion says MADRID: Spanish privately held call centre operator Grupo Konecta has hired investment banks JPMorgan and BNP ... Published 22 Nov, 2021 01:04pm
Business & Finance JP Morgan sues Tesla for $162m over share warrants NEW YORK: JP Morgan Chase has sued Tesla for $162 million over a stock warrants contract, accusing the company of... Published 17 Nov, 2021 04:22am
Markets Wapda-sponsored power projects worth $26bn in progress: Chairman MIRPUR (AJK): Pakistan Water and Power Development Authority (WAPDA) is executing development projects including... Published 11 Nov, 2021 05:20am
Markets Oil rises on higher demand forecasts, tight supplies NEW YORK: Oil prices rose for a third day on Tuesday after the United States lifted travel restrictions and other... Published 09 Nov, 2021 11:15pm
Print RLNG power plants’ sell-off: JP Morgan team briefed on investment opportunities ISLAMABAD: The Privatisation Division has held a meeting with JP Morgan officials in the backdrop of the... Updated 09 Nov, 2021 10:31am
Business & Finance JPMorgan edges closer to leaving pandemic behind, its earnings show NEW YORK: JPMorgan Chase & Co beat analysts' profit estimates on Wednesday, thanks to record revenue in some... Published 18 Oct, 2021 04:42am
Markets Inflation jitters take toll on European stocks ahead of earnings LONDON: European shares slipped on Tuesday as investors feared that soaring commodity prices would hamper a recovery... Published 13 Oct, 2021 04:47am
Business & Finance Australia, NZ dollars steady SYDNEY: The Australian and New Zealand dollars were largely steady on Tuesday as sellers were held at bay by higher... Published 13 Oct, 2021 04:47am
Business & Finance JPMorgan joins UN climate action finance plan NEW YORK: JPMorgan Chase & Co said Friday it was joining the United Nation's Net-Zero Banking Alliance, a group... Published 11 Oct, 2021 04:32am
Print JPMorgan cautions a US default to be ‘potentially catastrophic’ WASHINGTON: JPMorgan Chase & Co has begun preparing for the possibility of the United States hitting its debt... Updated 30 Sep, 2021 10:07am
Markets JPMorgan goes 'underweight' EM currencies as China risks rise LONDON: Investment bank JPMorgan turned 'underweight' on emerging market currencies on Friday, warning a slowdown of... Published 24 Sep, 2021 04:13pm
Print JPMorgan faces oil bribery probe in Brazil RIO DE JANEIRO: Brazilian authorities are investigating whether JPMorgan Chase & Co played a role in an alleged... Updated 23 Sep, 2021 09:47am
Markets JPMorgan takes on British rivals with launch of digital bank Chase The launch marks the first foray into retail banking outside North America by one of the United States' most dominant lenders Published 21 Sep, 2021 10:46am
Markets Wall Street holds ground as jobless claims fall to near 18-month low NEW YORK: Wall Street indexes held steady on Thursday as weekly jobless claims fell to a near 18-month low, allaying... Published 10 Sep, 2021 04:41am
Business & Finance Abu Dhabi expected to raise $3bn via bonds DUBAI: Abu Dhabi is expected to raise $3 billion in a bond sale on Wednesday, its second of the year for which it... Published 09 Sep, 2021 03:56am
Business & Finance Barclays bets on India again with $400m infusion BENGALURU: Barclays said on Thursday it is pumping in more than $400 million into its India arm to tap rising... Published 27 Aug, 2021 04:52am
Print US employment growth through March revised modestly lower WASHINGTON: The US economy likely created 166,000 fewer jobs in the 12 months through March than previously... Published 19 Aug, 2021 03:56am
Markets China shares rise on liquor sector bounce China's central bank said on Monday it would maintain the stability of monetary policy and avoid a 'flood-like' stimulus Published 10 Aug, 2021 01:43pm
