Posts tagged as: market

Oil prices extend losses in Asia

Oil

US oil prices have extended more losses in the Asian trade, as it was reported on Wednesday that dealers are increasing stockpiles, which means that the demand for oil in the world’s biggest economy has fallen. The prices slipped down by 16 cents for December as they were sold for $98.14 per barrel. On the […]

Western Digital and Seagate lower their revenue expectations for the current quarter

Western Digital and Seagate Technology announced their expectations for the current quarter ending September 30. Both companies lowered their estimations on sales and shipments due to lack of demand in global market. Western Digital and Seagate are the suppliers of hard disc drives to PC makers and also sell the storage products as standalone sells. […]

China expected to rally past the US in smartphone market share this year

China’s smartphone market is growing a faster rate than the US, research firm IDC said in a report. The firm estimated that the Chinese market, despite all the slow economy, will surpass the US market at the end of this year. IDC expects that China will gouge a 26.5 percent share of the smartphone sales […]

KSE recovers: Market closes at 90.35 points higher

KSE recovers: Market closes at 90.35 points higher Karachi: (Friday, June 01, 2012) After being through extensive pressure culminating in putting the investors off, the Karachi Stock Exchange (KSE) finally recovered today and observed a healthy buying trend, pushing the market 90.35 points higher. According to the market sources, the optimism among the investors prevailed […]

Apple’s iPhone loses China market share

(Reuters) – Apple Inc’s share of China’s booming smartphone market slipped for a second straight quarter in October-December, as it lost ground to cheaper local brands and as some shoppers held off until after the iPhone 4S launch last month. China, the world’s largest mobile phone market, has not been easy for Apple, which is […]

China and the US: What is the middle way to continue the relationship?

Over the years China has become an economic super-power and the main reason has been its forte in production, and cheap production in particular. In the last one decade the country has snatched the production from the US and has provided the world with the same commodities on comparatively cheaper rates. Due to the fact the US […]

Brokers decline two-year tenure for KSE directors’ office

In an extra-ordinary meeting called on by Karachi Stock Exchange (KSE) on Thursday, the stock brokers have unanimously agreed to reject the proposal of raising the term in office of the directors on the board of the bourse to two years. The KSE directors are currently having a one-year term at the office and a […]

LPG transportation ahead of demanding winter season in the country – Pakistan Oil & Gas sector update

LPG transportation ahead of demanding winter season in the country – Pakistan Oil & Gas sector update LAHORE: The LPG Association of Pakistan (LPGAP) said on Friday, the private sector of Pakistan has started importing the Liquefied Petroleum Gas to meet the challenging demand cycle during the winter season. “The private sector is robust and […]

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