Business News

Tokyo stocks up by break, Japan railway skyrockets on debut

  • TOKYO, Oct 25, (APP/AFP) – Tokyo stocks rose Tuesday morning as a fall in the yen boosted exporters, while Kyushu Railway surged in its trading debut, after one of the year’s biggest initial public offerings. The benchmark Nikkei 225 index rose 0.62 percent, or 106.73 points, to 17,341.15 by the lunch break, while the Topix […]

  • Hong Kong stocks down at open

    HONG KONG, Oct 25, (APP/AFP) – Hong Kong stocks retreated in the first few minutes of trade Tuesday following the previous day’s strong rally and despite a strong performance on Wall Street. The Hang Seng Index fell 0.18 percent, or 41.98 points to 23,562.10. The benchmark Shanghai Composite Index was flat, inching down 0.28 points […]

  • Shipping activity at Port Qasim

    KARACHI, Oct 24 (APP): Three ships C.V MSC Asya, C.V Xpress Kailshand M.V Leopold Staff carrying containers and project cargo were arranged berthing at Qasim International Container Terminal respectively on Sunday. Meanwhile five more ships scheduled to load/offload containers,cement and stell product also arrived at outer anchorage of Port Qasim during last 24 hours.

  • Eurozone business activity picks up: survey

    BRUSSELS, Oct 24, (APP/AFP) – Eurozone business activity picked up strongly in October to a 10-month high, recovering from a dip in September, as economic powerhouse Germany led the way, a closely watched survey showed Monday. Data monitoring company IHS Markit said the October figures were encouraging, after months where the economy has bumped along […]

  • European stocks log opening gains

    LONDON, Oct 24, (APP/AFP) – European stocks pushed tentatively higher in opening deals on Monday, after an edgy session earlier in Asia, as investors mulled the US interest rate outlook. In initial trade, London’s benchmark FTSE 100 index gained 0.4 percent to 7,049.15 points compared with Friday’s closing level. In the eurozone, Frankfurt’s DAX 30 […]

  • S&P raises France’s rating outlook

    PARIS, Oct 22 (APP/AFP) – Ratings firm Standard & Poor’s raised Friday its outlook on France’s long-term sovereign credit rating to “stable” from “negative”, a move hailed by the government as a “sign of confidence”. The US ratings agency, which stripped France of its prime AAA rating in 2012, left unchanged its view on French […]