TOKYO, Oct 14, (APP/AFP) – Tokyo’s benchmark index eked out a small rise Friday morning despite disappointing Chinese trade figures as market heavyweight Uniqlo operator Fast Retailing soared on expectations profits would recover in the current fiscal year. The benchmark Nikkei 225 index ticked up 0.07 percent, or 10.96 points, to 16,785.20 by the lunch […]
Business News
Tokyo’s benchmark index up by break in see-saw trading
-
US stocks retreat on China data; banks fall
NEW YORK, Oct 13 (APP/AFP) – Wall Street stocks finished lower Thursday following weak Chinese trade data, with large US banks retreating on the eve of major earnings reports. Chinese exports sank 10.0 percent year-on-year in September and imports fell 1.9 percent, showing a sharp slowdown in trade in the world’s second-biggest economy. JP Morgan […]
-
US Consul General visits Pakistan Stock Exchange
KARACHI, Oct 13 (APP): The U.S. Consul General in Karachi, Grace Shelton, participated in the gong ceremony (ringing the bell) during her first visit to the Pakistan Stock Exchange (PSE) on Thursday morning. A US Consulate statement said that the Consul General Shelton also held a meeting with the Exchange’s Board of Directors, led by […]
-
Swaps or cash: Final choice for Samsung Note 7 owners
SEOUL, Oct 13, (APP/AFP) – South Koreans returned their discontinued Samsung Note 7 smartphones Thursday, with the beleaguered electronics giant offering swap incentives in the hope of retaining customer loyalty after a damaging recall fiasco. Two days after the company announced it was finally killing off the flagship handset over issues with exploding batteries, owners […]
-
Pakistan to host ICAC meeting from October 30
ISLAMABAD, Oct 13 (APP): Pakistan would host the 75th plenarymeeting of International Cotton Advisory Committee (ICAC) here fromOctober 30 to discuss international issues of vital importancerelevant to the world of cotton industry. According to press statement issued here,the meeting which is scheduled to be held from October 30 to November 4, would provide opportunity to […]
-
China exports dive 10.0% on-year in September: Customs
BEIJING, Oct 13, (APP/AFP): China’s exports plummeted 10.0 percent year-on-year to $184.5 billion in September, government data showed Thursday, as anemic global demand weighed on the world’s second-largest economy. Imports fell 1.9 percent on-year to $142.5 billion, Customs said, and the trade surplus declined to $42.0 billion.