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Qualcomm (QCOM.O), opens new tab shares climbed about 10% to a more than two-year high on Thursday after the smartphone-focused chipmaker signaled an AI-fueled rebound in demand, especially in China, following a years-long slump.
Sales to Chinese smartphone makers jumped 40% in the first half of its fiscal year, the company said on Wednesday,…
" Oil prices rose on Thursday, rebounding from three days of losses that took prices to their lowest since mid-March.
Brent crude futures for July gained 79 cents, or 0.95%, to $84.23 a barrel by 0959 GMT. U.S. West Texas Intermediate (WTI) crude for June climbed 69 cents, or 0.87%, to $79.69.
Prices fell more…
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KARACHI:
Pakistan Stock Exchange (PSX) on Tuesday showed signs of recovery as investors took cue from the decline in inflation reading to 20.68% for March 2024, which could lead to an easing of monetary policy by the State Bank of Pakistan (SBP).
Earlier, trading began on a positive note but soon the KSE-100 index…
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KARACHI:
Pakistan Stock Exchange (PSX) on Monday experienced a significant recovery, driven by the World Bank’s approval of $150 million project financing and completion of final review under the International Monetary Fund’s (IMF) $3 billion standby arrangement (SBA).
In the morning, the market saw a lacklustre start with the KSE-100 index touching the intra-day…