TOKYO, (MILLAT+APP/AFP) – Tokyo stocks closed lower Monday as Italian Prime Minister Matteo Renzi’s resignation sparked worries about political instability in the eurozone and beyond. Tokyo’s benchmark Nikkei 225 index lost 0.82 percent, or 151.09 points, to end the day at 18,274.99, while the Topix index of all first-section issues was off 0.75 percent, or […]
Business News
Tokyo stocks close down after Italian PM quits
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Foreign Currency Account Scheme
KARACHI, (MILLAT+APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Monday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 05-12-16 For 3 months and over but less than 6 months […]
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Hong Kong, Shenzhen stocks down at break
HONG KONG,(MILLAT+APP/AFP) – Hong Kong and Shenzhen stocks suffered a sell-off in the morning in a disappointing start for a link-up between the two exchanges that allows investors more access to companies on either side of the Chinese border. The Hang Seng Index fell 0.36 percent, or 80.58 points, to 22,484.24 by the break, while […]
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Foreign exchange rates
KARACHI, (MILLAT+APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Monday. LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS VIDE SBP F.E. CIRCULAR NO.42 & 21.07.98 & 04.08.98 RESPECTIVELY. LIBOR VALUE 6 MONTHS US DOLLAR 1.2910 05.12.16 CONVERSION RATES FOR 05TH DECEMBER 2016 FOR […]
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EU banks at risk from bad loans, low profit: regulator
LONDON, (MILLAT+APP/AFP) – The greatest risks facing European Union banks are high levels of bad loans and lower profitability, the bloc’s financial regulator said in a report Friday. The European Banking Authority said that while EU-wide lenders had strengthened their capital buffers, technology-related risks were increasing amid lingering litigation concerns. Presenting its ninth report on […]
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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-I Hermione D. Petrol Alpine 29/11/16 OP-II Maersk Kaya D. Petrol Not Provided 02/12/16 OP-III Lahore D. Crude Oil PNSC 01/12/16 ALONG SIDE (East Wharves): 1/2 Ikan Senyur […]