LONDON, July 6, (APP/AFP) – The price of gold on Wednesday reached peaks last seen more than two years ago as investors fled to the safety of the precious metal after Britain voted to leave the EU. Gold rose to $1,375.45 per ounce in mid-session trading, its highest level since March 17, 2014. “Gold is […]
Business News
Gold hits two-year high
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Bullion Prices on Tuesday
KARACHI, July 05 (APP): Following were the Bullion Prices in Karachi on Tuesday. KARACHI: (per 10 gram) Gold Tezabi 24 CT Rs. 43671.00 Silver Tezabi Rs. 617.14 Note: Bullion rates from Lahore, Multan and Hyderabad not received.
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European stocks diverge at open
LONDON, July 5, (APP/AFP) – Europe’s main stock markets were mixed at the start of trading on Tuesday following the previous session’s losses. London’s benchmark FTSE 100 index gained almost 0.2 percent compared with Monday’s close to open at 6,532.70 points. In the eurozone, Frankfurt’s DAX 30 dropped 0.6 percent to 9,656.05 points and the […]
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Tokyo shares fall in opening trade
TOKYO, July 5, (APP/AFP) – Tokyo shares fell at the start of trade Tuesday, putting the benchmark Nikkei index on course to snap a six-day rally. The Nikkei 225 at the Tokyo Stock Exchange shed 0.59 percent, or 93.64 points, to 15,682.16 in opening deals. The broader Topix index of all first-section shares dropped 0.40 […]
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Seven years on, UK’s Iraq inquiry gives its verdict
LONDON, July 5, (APP/AFP) – Seven years after it began, the official inquiry into Britain’s role in the Iraq war finally reports on Wednesday with former prime minister Tony Blair expected to face severe criticism. The Chilcot inquiry launched in 2009 as British troops withdrew from Iraq, tasked with investigating the run-up to the 2003 […]
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Hong Kong stocks down by break, snapping rally
HONG KONG, July 5, (APP/AFP) – Hong Kong stocks fell in the morning session Tuesday as traders cashed in profits after three straight days of gains while energy firms were hit by falling oil prices. The Hang Seng Index slipped 0.82 percent, or 173.36 points, to 20,885.84 by the break. But the benchmark Shanghai Composite […]