Business News

Japan Airlines cuts outlook as H1 net profit dives

  • TOKYO, Oct 31 (APP/AFP): Japan Airlines on Monday slashed its full-year earnings outlook as it said fiscal first-half net profit nosedived owing to a slump in its international business. The carrier said its bottom line in the six months through September shrank to 71.4 billion yen ($682 million), down more than 30 percent from a […]

  • Tokyo stocks slip over Clinton email woes

    TOKYO, Oct 31 (APP/AFP) – Tokyo stocks eased Monday after the FBI said it would further investigate US presidential candidate Hillary Clinton’s emails, fuelling uncertainty about next week’s poll, while traders were keeping an eye on a central bank policy meeting. Markets favourite Clinton had been considered a shoe-in for the November 8 election following […]

  • European stock markets begin week lower

    LONDON, Oct 31 (APP/AFP) – Europe’s main stock fell at the start of trading on Monday, with London’s benchmark FTSE 100 index down 0.4 percent at 6,969.67 points. In the eurozone, Frankfurt’s DAX 30 slipped 0.4 percent to 10,658.67 points and the Paris CAC 40 index lost 0.5 percent to 4,525.60 compared with Friday’s close.

  • Panasonic cuts profit view on solar slide, strong yen

    TOKYO, Oct 31 (APP/AFP): Japan’s Panasonic on Monday cut its annual profit and revenue forecasts, blaming the impact of a strong yen and a poor showing in its solar panel business. The firm — which has been undergoing a huge restructuring after record losses — said it now expects net profit to come at 120 […]

  • Bullion Prices on Saturday

    HYDERABAD, Oct 29 (APP): Following were the Bullion Prices in Hyderabad on Saturday. Hyderabad: (per 10 gram)Gold 24 CT Rs. 4465.00Gold 22 CT Rs. 40395.00Silver Rs. 641.00

  • Spot rates of cotton (Crop 2016-2017)

    KARACHI, Oct 29 (APP): Karachi Cotton Association (KCA) on Saturday announced the following KCA Spot Rates for local dealing inPak rupees for base grade 3 (three) staple length 1-1/16″ Micronaire value between 3.8 and 4.9 NCL.