Latest news with #346
Qatar Tribune
7 days ago
- Business
- Qatar Tribune
QSE index closes higher
QNA Doha The Qatar Stock Exchange (QSE) general index closed on Tuesday's trading higher by 133.960 points, or 1.280 percent, to close at 10,618.02 points. During the session, 184,242,725 shares, valued at QR439,346,781.170, were traded in 22,265 transactions across all sectors. Shares of 42 companies rose, while five companies saw a decline in their share price, and four companies maintained their previous closing price. Market capitalisation at the end of the trading session amounted to QR626.293 billion compared to QR620.602 billion in the previous session.
GMA Network
03-06-2025
- Business
- GMA Network
Lone bettor wins P102M Lotto 6/42 jackpot on Tuesday, June 3, 2025
A lone bettor bagged the Lotto jackpot prize of P102.346 million on Tuesday, June 3, 2025 according to the Philippine Charity Sweepstakes Office. The winning numbers for Lotto 6/42 were 05-22-14-03-23-11 with the jackpot totaling P102,346,298. No one won in any of the major lotto jackpots. For Ultra Lotto 6/58, the combination 02-18-28-19-41-26 would have won P94,914,130.40. It was also better luck next time for Superlotto 6/49 after no one played the combination 21-43-47-17-45-19 with the jackpot now at P48,050,797. For more lotto results, visit here. —RF, GMA Integrated News
Daily Mail
02-05-2025
- Politics
- Daily Mail
EXCLUSIVE Rocky Elsom's father reveals update on ex-Wallabies captain who remains in HIDING overseas after international arrest warrant
The father of former Wallabies captain Rocky Elsom has confirmed his son is 'safe and well' - despite an international arrest warrant being issued for the 42-year-old in March following alleged misuse of corporate assets when previously president of French club Narbonne. Robbie Elsom - aged 80 - then revealed why he is eyeing off a stint in politics as the One Nation MP for the seat of Ryan in Brisbane 's west ahead of Saturday's federal election. In an extensive interview with Daily Mail Australia, Elsom snr said he had been in contact with the 75-Test veteran, but for obvious reasons remained tight-lipped on his current whereabouts. 'He is doing OK, is safe and well, but will remain in hiding,' he said of the high-profile fugitive. 'If you look at his (court case) it was like a boxing bout, but he won the first round following an acquittal. 'A number of the charges were thrown out, which is crucial. 'Rocky desperately wants to clear his name, but as you can understand, these things take time. 'He is completely innocent, they (French government) had to point the finger at someone.' Earlier this year, the decorated ex-Wallabies skipper was sentenced to two years in prison by a French court for allegedly misusing corporate assets during his time as club president of Narbonne between 2015 and 2016. He was also fined 100,000 euros ($A172,346), with half the sum suspended. Elsom went on trial for allegedly embezzling club funds by making unjustified expenditures to pay a coach or a general manager who was living in Australia at the time. He was acquitted on charges of forgery and use of forgery but was ordered to pay 230,000 euros ($A396,396) in compensation to the club's liquidator. His lawyer Yann Le Bras appealed the outcome. During a trial in February, the prosecutor requested a three-year prison sentence and a fine of 630,000 euros ($A1.1 million). In a previous trial in October last year, Elsom was sentenced to five years in prison, but did not attend the hearing. Elsom has been the subject of an international arrest warrant since that conviction. As permitted by French law, Elsom requested to be retried with legal representation. He had been living in Ireland since August 2024 and fled the country after an international arrest warrant was issued against him. He denied any wrongdoing and said that under his leadership Narbonne was in a healthy financial position. '(Narbonne) achieved solid profits, had good sporting results, and remained in Pro D2 (the second tier of French rugby) until 2016 and beyond,' he said in a statement in October. 'It seems that I have been targeted as a scapegoat for the future mismanagement of this famous rugby club.' Narbonne went into liquidation in 2018 and now competes in the third-tier Fédérale league. The 42-year-old said in an interview four months ago on YouTube that he left immediately with only a single backpack when he found out that Ireland was legally obliged to extradite him to France. Meanwhile, his father Robbie Elsom will contest the seat of Ryan in Brisbane's west on Saturday as a One Nation candidate When he gave the interview to Mark Bouris from a hidden location, he said he had not been informed there was a public trial in October. 'This is a really important part of it. I didn't know a court case was on and there was no possible way for me to know,' he said. Meanwhile, his father Robbie Elsom will contest the seat of Ryan in Brisbane's west on Saturday as a One Nation candidate. The father of nine has no background in politics, but wants 'the nation to be better run.' 'I've been involved in business since I was 18, and I've never seen Australia in a worse state,' he said. 'From the cost of living, immigration, petrol prices, house properties being out of simply have to change.
Express Tribune
24-02-2025
- Business
- Express Tribune
Gold touches record highs again
Gold prices in Pakistan surged to a new all-time high on Monday, reflecting global market trends. The price of gold per tola climbed by Rs1,500, reaching Rs309,500. Likewise, the rate for 10 grams of gold rose by Rs1,286 to settle at Rs265,346, as reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On the preceding Saturday, gold prices had already increased by Rs1,000, bringing the per tola price to Rs308,000. Globally, however, gold prices saw a decline on Monday as traders secured profits following recent record highs. The market focus has now shifted to an upcoming US inflation report, which could influence future price movements. According to Adnan Agar, Director of Interactive Commodities, gold has once again tested its recent peak of 2955. However, the market has slightly dipped to around 2940. He noted that this week is critical in determining gold's next move, with the possibility of either further price increases or a correction. Agar emphasised that gold appears to be showing signs of exhaustion, which could lead to further movement in either direction. The gold price surge in Pakistan aligns with international trends, where inflation concerns and economic uncertainty continue to drive demand for the precious metal. Globally, gold prices surged to a record high on Monday, driven by safe-haven demand amid concerns over US President Donald Trump's tariff plans, with additional support coming from inflows into the world's top gold-backed exchange-traded fund. Spot gold rose 0.2% to $2,941.60 an ounce as of 1433 GMT. It hit $2,956.15 earlier in the session - its eleventh record high in 2025. US gold futures added 0.2% to $2,957.50. The US dollar index touched its lowest level since December 10 earlier in the session, making bullion more affordable for buyers using other currencies. Meanwhile, the Pakistani rupee experienced a slight decline against the US dollar, weakening by 0.03% in the interbank market on Monday. By the close of the trading session, the rupee stood at 279.66, marking a depreciation of Rs0.09 against the dollar. Over the past week, the local currency also faced a downward trend, losing Rs0.36 or 0.13% in the interbank market. According to the State Bank of Pakistan (SBP), the rupee had closed at 279.57, compared to 279.21 a week earlier. Zafar Paracha, of the Exchange Companies Association of Pakistan (ECAP), said the SBP is supporting the US dollar by purchasing it to assist exporters; otherwise, the dollar could depreciate against the rupee. Between June and November 2024, the SBP's net foreign exchange interventions reached $5 billion, according to AHL. This strategic action led to a $2.9 billion increase in the country's foreign exchange reserves, with the remaining amount allocated toward managing the country's debt repayments.
Express Tribune
08-02-2025
- Business
- Express Tribune
Trade war pushes gold over Rs300,000/tola
Listen to article KARACHI: Gold prices continued their upward trajectory on Friday, surpassing the historic milestone of Rs300,000 per tola in Pakistan, driven by rising international market rates. In the local market, the price increased by Rs1,346/tola, reaching Rs300,046 for the first time in history. Similarly, the price of 10-gram gold rose by Rs1,154, settling at Rs257,241, according to figures released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). The surge in gold prices has been attributed to heightened safe-haven demand amid ongoing trade war concerns, especially ahead of the key US payrolls report. Commenting on the trend, Adnan Agar, Director at Interactive Commodities, stated, "Gold has reached an all-time high today and is expected to remain strong in the future." This follows Tuesday's increase of Rs1,900, which took gold to Rs294,300, after Monday's Rs200 rise had already set a record of Rs292,400. Globally, gold prices rose on Friday and were on track for a sixth consecutive week of gains as escalating trade tensions between the US and China prompted investors to seek refuge in the safe-haven asset. Spot gold gained 0.5% to $2,871.59 per ounce as of 1606 GMT, up more than 2% this week after hitting a record high of $2,886.62 earlier in the session. US gold futures rose 0.7% to $2,897.50. US President Donald Trump kick-started a trade war this week as he imposed new duties on China, though he granted Mexico and Canada a one-month reprieve. Gold is often used as a safe investment during times of political and financial uncertainty. The gold market also seems to have been buoyed by continued growth in the People's Bank of China's gold holdings and a new Chinese programme allowing insurance funds to invest in gold, said Peter Grant, Vice President and Senior Metals Strategist at Zaner Metals. A labour department report showed the US economy added 143,000 jobs in January, compared with the 170,000 expected by economists. The unemployment rate stood at 4%, compared with expectations of 4.1%. Wage growth and declining job creation are challenging the Federal Reserve's ability to adjust rates, creating a complex yet potentially advantageous situation, said Bart Melek, Head of Commodity Strategies at TD Securities. A strong economy with full employment and easing inflation should allow the Fed to cut rates, but tariff uncertainties call for caution, Chicago Fed President Austan Goolsbee said. Meanwhile, the Pakistani rupee saw a slight appreciation against the US dollar in the inter-bank market on Friday, gaining 0.04%. By market close, the currency stood at 279.05 per dollar, marking an increase of 10 paisa, according to data from the State Bank of Pakistan (SBP). The rupee had previously closed at 279.15 on Thursday.
