Business News

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: New Naxos m.T.Shalamar Kota Kaya Oriental Marguerite ER Bilbao Li Mans Express Bamoar Rissen Nan Hai SHIPS BERTHED: Mol Dedication Container Ship Li mans Express Car Carrier Kota Lembah Container […]

  • 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 Friday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.85 104.90 U.S $ (Cash Free Market) 105.40 105.60 SAUDIA RIYAL 28.00 28.20 UAE DIRHAM 28.65 28.85 EURO 115.80 116.80 UK POUND […]

  • KPT shipping

    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-I Maritime Kelly Anne D. Crude Oil PNSC 19/07/16 OP-II Lahore D. Crude Oil PNSC 20/07/16 OP-III Hafnia Sunda D. Petrol Alpine 21/07/16 ALONG SIDE (East Wharves): 1 […]

  • N.Korea economy shrinks for first time in 5 years: BOK

    SEOUL, (APP/AFP) – North Korea’s economy contracted for the first time in five years in 2015, the South’s central bank said Friday, undermining leader Kim Jong-Un’s stated policy of simultaneous military and economic development. The isolated North’s gross domestic product appeared to have shrunk 1.1 percent last year — the first downturn since 2010 and […]

  • European stocks retreat at open

    LONDON, (APP/AFP) – Europe’s main stock markets fell at the start of trading on Friday, with London’s benchmark FTSE 100 index sliding 0.2 percent to 6,689.17 points. In the eurozone, Frankfurt’s DAX 30 dropped 0.3 percent compared with the close on Thursday to 10,130.51 points and the Paris CAC 40 also slid 0.3 percent to […]

  • Tokyo stocks close lower, Nintendo up on Pokemon launch

    TOKYO, (APP/AFP) – Tokyo shares closed lower Friday as a rebounding yen hit exporters, but Nintendo rose again as the hugely popular Pokemon Go app launched in Japan, its home market. The benchmark Nikkei 225 index fell 1.09 percent, or 182.97 points, to close at 16,627.25, while the Topix index of all first-section shares dropped […]