Business News

Bullion rates

  • MULTAN, (APP): Following bullion rates were received from markets here on Thursday. BULLION (PER 10 GRAM) ===================== GOLD TEZABI-24 CT—- 43460.00 GOLD 22 CT————-39740.00 SILVER TEZABI————600.00 SILVER THOBI————-550.00

  • Hong Kong climbs a fourth day but Shanghai dips

    HONG KONG, (APP/AFP) – Hong Kong stocks rallied for a fourth straight session Thursday, tracking another broad global advance on expectations central banks around the world will soon unveil fresh economic stimulus measures. The Hang Seng Index rose 1.12 percent, or 238.69 points, to close at 21,561.06. The benchmark Shanghai Composite Index slipped 0.22 percent, […]

  • European stocks rally at open

    LONDON, (APP/AFP) – Europe’s main stock markets rallied at the start of trading on Thursday, with Frankfurt back above 10,000 points for the first time since Britain voted to exit the EU. All eyes were on London after the appointment of a new British finance minister and as traders wait to see if the Bank […]

  • Pound up ahead of BoE’s first post-Brexit meeting

    TOKYO, (APP/AFP) – The pound rose Thursday ahead of a meeting of the Bank of England as it mulls an interest rate cut to counter the fallout from Britain’s vote to exit the European Union. Sterling picked up to $1.3223 from $1.3144 in New York as markets await the outcome of the central bank’s first […]

  • Tokyo’s benchmark stock index recoups Brexit losses

    TOKYO, (APP/AFP) – Tokyo’s benchmark stock index ended higher Thursday, recouping all the losses it suffered after Britain’s vote last month to exit the EU pummelled world financial markets. The Nikkei 225 climbed 0.95 percent, or 154.46 points, to close at 16,385.89, its fourth winning session in a row, while the broader Topix index of […]

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.55 103.04 S.ARABIA 28.00 26.35 U.K 139.30 136.00 JAPAN 1.0086 0.9841 EURO 117.21 114.43 U.A.E 28.73 26.34 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 0.9514 14-07-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]