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 Wednesday. SHIPS SAILED: Yuan Hai Baltic Leopard Grand Cosmo Mohar HS Everest RED Eagle Muaddib Osam Jumbo 5 Bofors Positive Brave Sunergon Ru Yi Song SHIPS BERTHED: Positive Brave Car caerier Tulip Tanker […]

  • Bullion rates

    LAHORE, (APP): Following bullion rates were received from markets here on Wednesday: BULLION (PER 10 GRAM) ===================== GOLD TEZABI-24 CT—- 44324.00 GOLD 22 CT————-40630.00 GOLD 21 CT————-38784.00 SILVER TEZABI————620.00 SILVER THOBI————-612.00

  • European stocks fall at open

    LONDON, (APP/AFP) – Europe’s main stock markets fell at the start of trading on Wednesday after strong and widespread gains in recent sessions. London’s benchmark FTSE 100 index dropped 0.2 percent to 6,668.61 points, as British Prime Minister David Cameron steps down Wednesday after his resignation in the wake of Britain’s vote to quit the […]

  • Tokyo’s Nikkei index ends just shy of pre-Brexit level

    TOKYO, (APP/AFP) – Tokyo stocks rose Wednesday on stimulus hopes with the benchmark index ending just shy of its level before Britain’s vote to leave the European Union sent markets into a nosedive last month. The Nikkei 225 closed 0.84 percent, or 135.78 points, higher at 16,231.43, less than 10 points shy of its pre-Brexit […]

  • Foreign Currency Account Scheme

    KARACHI, (APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Wednesday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 13-07-16 For 3 months and over but less than 6 months […]

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.55 103.04 S.ARABIA 28.00 26.35 U.K 140.53 137.20 JAPAN 1.0096 0.9851 EURO 116.77 114.01 U.A.E 28.73 26.34 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 0.9374 13-07-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]