Business News

Kerb currency market

  • KARACHI, (APP): Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Wednesday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.80 104.85 U.S $ (Cash Free Market) 105.70 105.90 SAUDIA RIYAL 27.90 28.10 UAE DIRHAM 28.60 28.85 EURO 116.90 118.40 UK POUND […]

  • KPT Shipping Movements Report

    KARACHI, (APP): Following were the Movements of Ships at Karachi Port Trust (KPT) during last 24 hours, ending at 0700 hours on Wednesday. SHIPS SAILED: Hyundai Confidence X-Press Kailash Amis Fortune Jin Sheng Nassau Energy Batam Trader SHIPS BERTHED: Cape Marin Container Ship YM Excellence Container Ship Elektra General Cargo MSC Imma Container Ship Chemroute […]

  • 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 Wednesday. ALONG SIDE (Bulk Oil Pier): OP-II Chang Han Guang Rong D. Petrol Alpine 28/08/16 OP-III Chemroute Sun L. Ethanol Alpine 30/08/16 ALONG SIDE (East Wharves): 1 Dragon Fortune L. Ethanol Alpine 29/08/16 2/3 […]

  • India growth threatened by business ‘roadblocks’: Kerry

    NEW DELHI, Aug 31, (APP/AFP) – India’s economy will only be able to maintain its impressive growth if its bureaucracy ceases to be “an expert in setting up roadblocks”, US Secretary of State John Kerry said Wednesday. Speaking on a visit to New Delhi, Kerry said red tape and a lack of transparency continued to […]

  • Tokyo stocks rally, led by exporters

    TOKYO, (APP/AFP): Tokyo stocks rallied Wednesday as a weaker yen boosted major exporters, offsetting below-par factory output data that had aggravated concerns about Japan’s stalled economy. Fukushima operator Tokyo Electric Power, meanwhile, skyrocketed more than 11 percent on news that a powerful local leader who opposed the restart of one of its nuclear power plants […]

  • Currency rates of NBP

    KARACHI, (APP): Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Wednesday. U.S.A 105.90/ 103.39 S.ARABIA 28.10/ 26.44 U.K 138.79/ 135.50 JAPAN 1.0278/ 1.0029 EURO 118.13/ 115.33 U.A.E 28.83/ 26.43