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 Thursday. SHIPS SAILED: Yangze 6 E.R Bornholm Hai Yu Jin Jun OOCL Italy KMTC Mumbai Osaka Tower batam Trader Osam Jumbo 5 Bofors SHIPS BERTHED: Cape Marin Container Ship Great Pioneer Coal Nan […]

  • Spot rates of cotton (Crop 2015-2016)

    KARACHI, (APP): Karachi Cotton Association (KCA) on Thursday 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 6,600 135 6,735 Equivalent 40 kgs 7,073 145 7,218

  • 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—- 43750.00 GOLD 22 CT————-39820.00 SILVER TEZABI————617.00 SILVER THOBI————-564.00

  • Oil edges up on increased US stockpile

    SINGAPORE, (APP/AFP) – Oil prices edged up in Asia Thursday following US data showing a drop in crude inventories, a sign of a tightening supply market. Crude stockpiles fell by 2.3 million barrels last week — the ninth week in a row — data from the US Department of Energy showed. This helped offset a […]

  • 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 Thursday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.82 104.85 U.S $ (Cash Free Market) 105.30 105.50 SAUDIA RIYAL 28.00 28.20 UAE DIRHAM 28.60 28.80 EURO 116.00 117.00 UK POUND […]

  • Tokyo stocks open higher after Wall Street gains

    TOKYO, (APP/AFP) – Tokyo stocks opened higher on Thursday, following gains on Wall Street where technology companies lifted the Dow and S&P 500 to fresh records. Tokyo’s leading indexes also advanced on a weaker yen — good news for exporters — while investors await promised extra economic stimulus from the government. Prime Minister Shinzo Abe’s […]