Business News

Hong Kong stocks tumble by break

  • HONG KONG, June 30, (APP/AFP) – Hong Kong shares ended the morning sharply lower on Friday, wiping out most of the previous day’s gains as traders tracked losses across the globe following warnings that central banks are preparing to tighten monetary policy. The Hang Seng Index had dived 0.81 percent, or 210.58 points, to 25,754.84 […]

  • Bullion Prices on Wednesday

    KARACHI, June 21 (APP): Following were the Bullion Prices in Karachi and Multan on Wednesday. KARACHI: (per 10 gram) Gold Tezabi 24 CT Rs. 43028.00 Silver Tezabi Rs. 608.57 MULTAN: (Per 10 gram) Gold Tezabi 24 CT Rs. 42690.00 Gold 22 CT Rs. 39030.00 Silver Tezabi Rs. 651.00 Silver Thobi Rs. 597.00 Note: Bullion rates […]

  • Ministry of P&D approves Rs 1 bln for AUST

    ABBOTTABAD, June 21(APP): Ministry of Planning and Development Wednesday approved Rs 1 billion for various developmental projects of Abbottabad University of Science and Technology (AUST). According to an official letter, the ministry notified grant of one billion rupees for academic block, boundary wall, administration block, girls hostel, networking, students transport service and staff wagon service. […]

  • Foreign Currency Account Scheme

    KARACHI, June 20 (APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Tuesday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 20-06-17 For 3 months and over but less than […]

  • Foreign exchange rates

    KARACHI, June 20 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Tuesday. 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 1.4327 20.06.17 CONVERSION RATES FOR 20TH JUNE […]

  • Foreign Currency Account Scheme

    KARACHI, June 16 (APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Friday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 16-06-17 For 3 months and over but less than […]