Business & Finance

Adidas sees green shoots in China after virus shock

Adidas sees green shoots in China after virus shock

FRANKFURT AM MAIN: German sportswear maker Adidas said Thursday it had returned to sales growth in China in May, after store closures due to the...

US natural gas futures jump on rising LNG exports

US natural gas futures jump on rising LNG exports

NEW YORK: US natural gas futures climbed on Wednesday ahead of a storm that could disrupt Gulf Coast production and as liquefied natural gas (LNG)...

Most Asian units retreat

Most Asian units retreat

SINGAPORE: Most Asian currencies retreated on Thursday as a recent rally fuelled by hopes of an economic rebound ran out of steam and investors locked...

Sterling weakens against euro

Sterling weakens against euro

LONDON: Sterling fell against the euro on Thursday after the European Central Bank approved a bigger-than-expected expansion of its stimulus package, boosting the common currency.The...

Early trade in New York: Euro jumps to 12-week high against dollar

Early trade in New York: Euro jumps to 12-week high against dollar

NEW YORK: The euro jumped to a 12-week high against the US dollar on Thursday after the European Central Bank increased stimulus to shore up...

Dollar strengthens in European trade

Dollar strengthens in European trade

LONDON: The dollar strengthened on Thursday, reversing its weakening trend of the past seven days, while the euro slipped ahead of a European Central Bank...

Oil prices steady as market awaits clarity on OPEC+ output cuts

Oil prices steady as market awaits clarity on OPEC+ output cuts

NEW YORK: Oil prices were little changed in choppy trade on Thursday as investors awaited a decision from top crude producers on whether to extend...

Dollar’s rate in interbank market

Dollar’s rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (June 4, 2020).========================Bid Rate Rs 163.30Offer Rate

Kerb buying and selling rate of US dollar

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (June 4, 2020).========================Open Bid Rs

THE RUPEE: Mixed behaviour

THE RUPEE: Mixed behaviour

KARACHI: Pakistan Rupee showed a mixed behaviour in interbank market against USD while gaining value in open market against USD, Euro, AED and SR.INTER-BANK MARKET...

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