Business News

USC resumes sale of sugar at reduced rate of Rs 65 per kg

  • ISLAMABAD, Oct 27 (APP): The Utility Stores Corporation (USC) has resumed the sale of sugar at all its stores across the country at subsidized rate of Rs 65 per kilo. Managing Director USC, Waseem Mukhtar Khawaja informed the Senate Standing Committee on Industries here on Thursday that the USC had procured 6,000 tons of sugar […]

  • Market rates of bullion in Lahore

    LAHORE, Oct 27 (APP): Following bullion rates were received from markets here on Thursday 2016: BULLION (PER 10 GRAM) ===================== GOLD TEZABI-24 CT——44238.00 GOLD 22 CT————-40552.00 GOLD 21 CT————-38708.00

  • Hong Kong, Shanghai stocks dip at open

    HONG KONG, Oct 27, (APP/AFP) – Hong Kong stocks extended losses in early trade Thursday following a broad sell-off in New York and as investors grow concerned about a planned output cut by key oil producers aimed at supporting prices. The Hang Seng Index dipped 0.13 percent, or 29.40 points to 23296.03. And the benchmark […]

  • Asian markets ease as oil prices struggle

    HONG KONG, Oct 27, (APP/AFP) – Most Asian markets dipped Thursday, with energy firms struggling after another sell-off in oil fuelled by concerns about a planned output cut. Crude prices are slumbering at three-month lows after OPEC member Iraq and non-member Russia suggested this week they would not take part in any limitations, despite a […]

  • Tokyo shares down at break

    TOKYO, Oct 27, (APP/AFP) – Tokyo shares fell Thursday morning as investors locked in profits after the market advanced to its highest level in six months the previous day. The benchmark Nikkei 225 index fell 0.29 percent, or 50.61 points, to 17,341.23 by the break while the Topix index of all first-section issues was down […]

  • Bill Gates urges UK to invest in science as Brexit looms

    LONDON, Oct 26, (APP/AFP) – US billionaire philanthropist Bill Gates urged Britain on Wednesday to step up investment in science and research as it prepares to leave the EU. Speaking at a conference in London attended by more than 1,000 scientists from around the world, Gates pledged to continue his own investment in British research […]