Business News

US stocks mostly up on Amazon, Alphabet profits

  • NEW YORK, (APP/AFP) – Strong earnings from Amazon and Google parent Alphabet lifted US stocks mostly higher Friday, countering a disappointing report on second-quarter US economic growth. Alphabet jumped 3.1 percent as its second-quarter earnings of $4.9 billion topped analyst expectations due to strong growth in online advertising. Amazon advanced 0.9 percent on a ninefold […]

  • Market rates of bullion in Lahore

    LAHORE, (APP): Following bullion rates were received from markets here on Firday: BULLION (PER 10 GRAM) ===================== GOLD TEZABI-24 CT—- 44838.00 GOLD 22 CT————-41102.00 GOLD 21 CT————-39234.00 SILVER TEZABI————620.00 SILVER THOBI————-612.00

  • Spot rates of cotton (Crop 2015-2016)

    KARACHI, (APP): Karachi Cotton Association (KCA) on Friday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16″ Micronaire value between 3.8 and 4.9 NCL. Rate Ex-Gin Up-country Spot Rates for Price Expenses Ex-Karachi 37.324 kgs 6,350 135 6,485 Equivalent 40 kgs 6,805 145 6,950

  • 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 Friday. SHIPS SAILED: Batam Trader Ocean Quartz Kota Kamil Aditya Navig8 Honor Lia. Hyundai General SHIPS BERTHED: Mol Explorer Cont Xin Wei Hai Cont EXPECTED SAILING DATE Ananya Naree 29/07/16 Athina 29/07/16 Taroko […]

  • 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 Uacc Harmony D. Petrol Alpine 27/07/16 OP-III Athina D. Petrol Trans Maritime 26/07/16 ALONG SIDE (East Wharves): 2/3 Ananya Naree D. DAP Bulk-Sh. 23/07/16 5 Pacific Ace […]

  • Tokyo shares up despite BoJ stimulus disappointment

    TOKYO, (APP/AFP) – Tokyo shares rose Friday despite disappointment over the Bank of Japan’s modest stimulus tweaks as bank shares soared on news policymakers did not cut rates deeper into negative territory, which could have dented their profits. The benchmark Nikkei 225 index, which dived immediately after the bank’s announcement, was up 0.56 percent, or […]