Stock Market Today

South Korea’s economy will shrink 0.7 percent this year, a state-run think tank said Tuesday, sharply revising up its growth outlook on rebounding economic conditions at home and abroad. The growth projection by the Korea Development Institute (KDI) compares with a 2.3 percent decline predicted in its May report. The latest projection is also better [...]

South Korea’s economy will shrink 0.7 percent this year, a state-run think tank said Tuesday, sharply revising up its growth outlook on rebounding economic conditions at home and abroad. The growth projection by the Korea Development Institute (KDI) compares with a 2.3 percent decline predicted in its May report. The latest projection is also better [...]

The selling activity turned the local equity market in red numbers on the first day of the week as the KSE 100-index shed 67 points; losing the psychological barrier of 9,000 points. The benchmark that was lifted by index heavy weights, OGDC and MCB on back of dollar inflow from foreign land, did struggle to [...]

Indian telecom service provider ETISALAT DB, which is in the process of starting mobile services in 15 circles across India, on Monday said it has outsourced its IT applications to software firm TECH MAHINDRA (BSE:532755) in a deal valued at Rs 20 billion (US$411.8 million). The pact between Etisalat DB Telecom, a joint venture between [...]