Business News

Brave investors rake big returns on Brazil stocks in 2016

  • SAO PAULO, (MILLAT+APP/AFP) – It was a surprisingly great year for investors brave enough to put money in Brazilian stocks, even though the country spent 2016 floundering through its worst recession in a century and rocked by political instability. Paradoxically, this year of economic crisis, presidential impeachment and unending corruption scandals in Latin America’s largest […]

  • KPT Shipping Movements Report

    KARACHI, MILLAT+(APP): Following were the Movements of Ships at Karachi Port Trust (KPT) during last 24 hours, ending at 0700 hours on Friday. SHIPS SAILED: Oriental Lotus Tanker Batam Trader Cont Amoy Action Coal Everrich 7 Tanker SHIPS BERTHED: Weser Tanker Zealand Almera General Cargo EXPECTED SAILING DATE Weser 30/12/16 Walleye 30/12/16 Taroko 31/12/16 EXPECTED […]

  • Spot rates of cotton

    KARACHI, (MILLAT+APP): Karachi Cotton Association (KCA) on Friday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16″ Micronaire value between 3.8 and 4.9 NCL. Rate Ex-Gin Up-country Spot Rates for Price Expenses Ex-Karachi 37.324 kgs 6,250 135 6,385 Equivalent 40 kgs 6,698 145 6,843

  • KPT shipping intelligence report

    KARACHI, (MILLAT+APP): The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on Friday. ALONG SIDE (Bulk Oil Pier): OP-II Walleye D. Petrol Alpine 28/12/16 OP-III Maistros D. Petrol GAC 28/12/16 ALONG SIDE (East Wharves): 1 Weser L. Chemical Alpine 29/12/16 2/3 Lissy Schulte D. L. Cnt. […]

  • Kerb currency market

    KARACHI, (MILLAT+APP): Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Friday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.60 104.65 U.S $ (Cash Free Market) 108.20 108.40 SAUDIA RIYAL 28.50 28.75 UAE DIRHAM 29.30 29.60 EURO 112.50 114.00 UK POUND […]

  • Tokyo stocks end volatile 2016 to mark fifth straight gain

    TOKYO,(MILLAT+APP/AFP) – Tokyo’s benchmark stock index ended a volatile 2016 on a down note Friday, but still eked out its fifth straight annual gain on optimism about the incoming government of President-elect Donald Trump. The New York real-estate baron’s surprise US election victory last month has sparked a rally in global equity markets and pushed […]