Business News

Tokyo stocks close at three-month high

  • TOKYO, (APP/AFP) – Tokyo stocks closed at a three-month high Monday, leading a broader regional rally with Uniqlo operator Fast Retailing, a market heavyweight, surging on a batch of relatively strong sales figures. Tokyo’s benchmark Nikkei 225 index advanced 0.66 percent, or 111.95 points, to 17,037.63, closing above 17,000 for the first time since the […]

  • KPT shipping intelligence report

    KARACHI, (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 Shah Deniz D. Crude Oil PNSC 01/09/16 OP-III Advance Victoria D. Petrol GAC 01/09/16 ALONG SIDE (East Wharves): 1 Dl Clover L. Chemical East Wind 01/09/16 2/3 […]

  • European stocks rise at open, before US jobs report

    LONDON, (APP/AFP) – Europe’s main stock markets rose at the start of trading on Friday with attention fixed firmly on the upcoming US jobs data. London’s benchmark FTSE 100 index climbed 0.4 percent to 6,771.47 points, compared with the close on Thursday. In the eurozone, Frankfurt’s DAX 30 gained 0.3 percent to 10,570.70 points and […]

  • Oil prices extend losses

    LONDON, Sept 1, (APP/AFP) – Oil prices weakened further Thursday with sentiment weighed down by a sharp rise in US crude stockpiles, dealers said. At 1130 GMT, US benchmark West Texas Intermediate for October delivery was down six cents at $44.64 a barrel. Brent North Sea crude for November delivery receded 11 cents to $46.78 […]

  • US car sales slow in August

    CHICAGO, Sept 1, (APP/AFP) – The US auto industry struggled to maintain past sales momentum in August, with General Motors, Ford and Nissan selling fewer vehicles as less discounting kept customers from showrooms. But the North American unit of Fiat Chrysler reported a three percent sales increase buoyed by its popular Jeep sports utility vehicles. […]

  • Market rates of bullion in Multan

    MULTAN, (APP): Following bullion rates were received from markets here on Thursday, 2016. BULLION (PER 10 GRAM) ===================== GOLD TEZABI-24 CT—- 42950.00 GOLD 22 CT————-39270.00 SILVER TEZABI————651.00 SILVER THOBI————-597.00