Tag: Market

Twin blasts at Peshawar market kill 34

At least 34 people were killed and another 94 injured when two simultaneous bomb blasts tore open a crowded super market in Peshawar late...

Fertiliser key to market rally

The trading session on Wednesday could aptly be named, “Fertiliser Day” at the local bourse as the sector played a dominant role and the...

Oil discovery ignites market

Reports of a major discovery of oil and gas at Domail-01 by Pakistan Oilfields Limited (POL) caused the KSE-100 index to rise by 103...

Samsung leads the global TV market for the sixth year

Samsung Electronics, a global leader in technology, has been on top of the global TV market for almost six consecutive years now. This winning...

Market in festive mood ahead of budget

current week benchmark performance finally turned the year-to-date (YTD) return towards the green zone along with volumes crossing the 100 million shares mark...

Clinton’s visit encourages market

The bullish run continued at the KSE on the back of hope that strained Pak-US ties are on the mend after a visit by...

Consumer court seeks reply from Tollington market pet trader

A consumer court on Saturday sought reply from a Tollington Market pet trader who allegedly delivered a Pakistani cat instead of a Persian to...

ICBC breaks into Pakistani market

President Asif Ali Zardari will inaugurate the branch of the one of the largest Chinese banks, the Industrial and Commercial Bank of China (ICBC),...

Market enters tough phase

In the short to medium term, the market is expected to be highly sensitive to geopolitical developments after the OBL incident, the future of...

Market turns into drug den

In Jalalpur Bhattian, the local parliamentarians with the help of the district government built a market of 110 shops by spending millions of rupees,...

Tablet computer market projected to surge in coming years

ISLAMABAD - The tablet computer market will become the third largest consumer electronics sector, after televisions and personal computers and will grow to $ 49 billion business by 2015 worldwide.
Tablets are a high-value casual-computing segment that is creating huge growth opportunities for major brands and at the same time in Pakistan, said analysts.
The analysts at ABI Research which conducted the research said this year sales volumes of tablet PCs could reach four

‘Ashura blast, ensuing incineration at Boulton Market were planned operations’

KARACHI - The Ashura blast of 2009 and the ensuing incineration at many shops in Boulton Market were both planned operations, confessed suspected target killer Ajmal Pahari to a joint interrogation team (JIT).
On December 27, 2009, a powerful bomb had ripped through the traditional mourning procession organised by the Shiite community in Karachi, killing at least 45 citizens and wounding hundreds. The blast had taken place near Denso Hall and had triggered a stampede. In the

Malaysia unveils plan to double capital market

KUALA LUMPUR - Malaysia, on Tuesday, unveiled a plan to more than double its capital market size to 4.5 trillion ringgit ($1.5 trillion) by 2020.
Prime Minister Najib Razak, who is also the finance minister, said the government will allocate more funds to develop venture capital and private equity firms. "We must do everything we can to ensure that Malaysia's capital market doesn't just grow, it grows with minimal risks in a well-regulated environment," he told fund managers and

Day after traders strike, Shershah scrap market struck by robbers

KARACHI - Unidentified robbers struck at the Shershah scrap market on Wednesday, a day after traders observed a shutter-down strike to protest being harassed by extortionists.
Four men on motorcycles arrived at the market and within minutes looted four shops and more than a dozen customers.
Most of the shops at the market were closed at the time as traders were still uncertain about reopening their businesses following Tuesday's strike.
However, almost all traders of

Smartphone market set to grow by 50pc in 2011

WASHINGTON - The worldwide smartphone market will grow nearly 50 percent this year and Google's Android will take over as the leading operating system, a technology market research firm said Tuesday. International Data Corp (IDC) said smartphone vendors are expected to ship more than 450 million smartphones in 2011 compared to 303.4 million last year. IDC said the smartphone market will grow more than four times faster than the overall mobile phone market as consumers and enterprise

Home minister orders probe into Empress Market blaze

KARACHI - Sindh Home Minister Dr Zulfiqar Mirza has ordered the IGP to investigate the reasons for the fire that destroyed the shops located in the historic Empress Market in Saddar area on Sunday.
He asked the IGP to form an investigative team to look into the reasons behind the fire, which engulfed over hundred shops. The minister also directed the IGP to figure out ways - in consultation with the city government - to provide the affected shopkeepers alternative places to run

Pakistan unable to make inroads in Tunisian market

KARACHI - Despite duty free access to European Union (EU) and American countries, the Tunisian market is being neglected by Pakistani exporters for, what sources said, negligence on part of the government authorities.
The Tunisian government, through its embassy in the country, has tried to approach the concerned authorities in Islamabad for boosting bilateral trade, however, Pakistan has stayed apathetic, giving no response to, what could potentially be, a lucrative market for