SINGAPORE, (APP/AFP) – Oil prices rose on bargain-buying in Asia on Wednesday after hitting two-month lows but gains were hobbled by concerns about an oversupply and weak demand after the IMF lowered its global economic growth forecasts. Investors are playing a holding game ahead of the release later in the day of official US stockpiles […]
Business News
Oil prices edge up from two-month lows
-
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 Tuesday. SHIPS SAILED: Al Mahboobah Leopard Star Thor Horizong MSC Imma SHIPS BERTHED: M.T Karachi Tanker Yangze 6 Coal New Naxos Tanker EXPECTED SAILING DATE Zenovia Lady 19/07/16 Han Li 19/07/16 Star Pisces […]
-
Eurozone bank sector improves: ECB survey
FRANKFURT, (APP/AFP): Europe’s financial sector is showing further signs of mending and banks are increasingly competing for custom by easing credit standards, a key European Central Bank survey showed on Tuesday. The ECB said its quarterly bank lending survey (BLS) showed banks are easing credit standards for loans to companies, an encouraging sign, since the […]
-
Spot rates of cotton (Crop 2015-2016)
KARACHI, (APP): Karachi Cotton Association (KCA) on Tuesday 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 6,450 135 6,585 Equivalent 40 kgs 6,912 145 7,057
-
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 Tuesday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.85 104.90 U.S $ (Cash Free Market) 105.15 105.35 SAUDIA RIYAL 27.85 28.05 UAE DIRHAM 28.50 28.70 EURO 115.40 116.40 UK POUND […]
-
Bullion rates
MULTAN, (APP): Following bullion rates were received from markets here on Tuesday; BULLION (PER 10 GRAM) ===================== GOLD TEZABI-24 CT—- 43820.00 GOLD 22 CT————-39970.00 SILVER TEZABI————600.00 SILVER THOBI————-550.00