Business News

Hong Kong stocks bounce back in morning session

  • HONG KONG, June 13, (APP/AFP) – Hong Kong stocks rose on Tuesday morning, paring some of the previous day’s sharp losses, with technology firms staging a minor recovery. The Hang Seng Index added 0.52 percent, or 133.83 points, to 25,841.87 by the break.

  • Japan stocks down after Wall Street tech sell-off

    TOKYO, June 13, (APP/AFP) – Tokyo’s benchmark Nikkei slipped Tuesday, tracking falls on Wall Street led by a technology sell-off with Japanese market heavyweight SoftBank falling for a second day. Tokyo’s Nikkei 225 index edged down 0.05 percent, or 9.83 points, to 19,898.75, but the broader Topix index of all first-section issues rose 0.12 percent, […]

  • Tokyo stocks open lower

    TOKYO, June 12, (APP/AFP) – Tokyo stocks opened lower on Monday as technology and electronics shares lost ground following a sell-off of US tech highflyers. The benchmark Nikkei 225 index dropped 0.57 percent, or 114.84 points, to 19,898.42 while the Topix index of all first-section issues was down 0.21 percent, or 3.38 points, at 1,588.28.

  • Currency rates of NBP

    KARACHI, June 12 (APP): Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Monday. U.S.A 105.85/ 103.34 S.ARABIA 28.08/ 26.43 U.K 135.05/ 131.85 JAPAN 0.9603/ 0.9370/ EURO 118.62/ 115.81 U.A.E 28.82/ 26.41

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.85 103.34 S.ARABIA 28.08 26.43 U.K 135.05 131.85 JAPAN 0.9603 0.9370 EURO 118.62 115.81 U.A.E 28.82 26.41 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 1.4168 12-06-2017 1 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 1PY 0.0000 […]

  • Foreign Currency Account Scheme

    KARACHI, June 12 (APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Monday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 12-06-17 For 3 months and over but less than […]