Business News

Tokyo shares open higher on weaker yen, stimulus hopes

  • TOKYO, July 12, (APP/AFP) – Tokyo shares jumped in early trade Tuesday, extending the previous day’s sharp rally as exporters including Toyota and factory robot maker Fanuc got a boost from a weaker yen. The benchmark Nikkei 225 index soared as much as 3.30 percent, or 518.92 points, to 16,227.74 in early trade, after a […]

  • S&P 500 rises to new record as global stocks rally

    NEW YORK, July 11, (APP/AFP) – The S&P 500 surged to a record Monday, joining a global equity rally as Wall Street brushed aside worries about the global economy and awaited second-quarter company earnings. The broad-based S&P 500 rose 0.3 percent to 2,137.16, up about six and a half points from the prior all-time closing […]

  • Shipping activity at Port Qasim

    KARACHI, (APP): M.T Bunga Aster carrying 21.000 tonnes palm oil was allotted berth at Liquid Cargo Terminal on Sunday, 10th. In the meantime five more ships C.V UASC Al-Manama, C.V MSC Lucy, C.V Castro-N, M.T Bahra and M.T Okyroe with containers and Diesel oil and furnace oil also got anchored at outer anchorage of Port […]

  • 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 Monday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.85 104.90 U.S $ (Cash Free Market) 105.10 105.30 SAUDIA RIYAL 27.70 27.90 UAE DIRHAM 28.45 28.65 EURO 115.00 116.00 UK POUND […]

  • Bullion rates

    MULTAN (APP): Following bullion rates were received from markets here on Monday; BULLION (PER 10 GRAM) ===================== GOLD TEZABI-24 CT—- 43200.00 GOLD 22 CT————-39500.00 SILVER TEZABI————574.00 SILVER THOBI————-525.00

  • Foreign Currency Account Scheme

    KARACHI, (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 11-07-16 For 3 months and over but less than 6 months […]