Business News

Oil prices rise with recovering global markets

  • SINGAPORE (APP/AFP) – Oil prices extended gains in Asia on Wednesday, tracking a recovery in equity markets as leaders look to temper fears over the effects of Britain’s shock EU exit, while traders bet on measures negate any turmoil. After Friday’s global sell-off, Asian stocks and currencies have recovered this week as speculation swirls that […]

  • 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 Tuesday. SHIPS SAILED: Amazing Hanjin White Annemieke TG Poseidon COSCO Wellington SHIPS BERTHED: Annemieke General Cargo MSC Imma Container Ship Taroko Container Ship EXPECTED SAILING DATE RHL Concordia 28/06/16 MSC Imma 28/06/16 Anke […]

  • Bullion rates

    LAHORE, (APP)-Following bullion rates were received from markets here on Thursday: BULLION (PER 10 GRAM) ===================== GOLD TEZABI-24 CT—- 43124.00 GOLD 22 CT————-39530.00 GOLD 21 CT————-37734.00 SILVER TEZABI————615.00 SILVER THOBI————-602.00

  • 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 Tuesday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.76 104.81 U.S $ (Cash Free Market) 104.80 105.00 SAUDIA RIYAL 27.70 27.95 UAE DIRHAM 28.40 28.65 EURO 115.00 116.50 UK POUND […]

  • KPT shipping

    KPT shipping intelligence report

    KARACHI, (APP): The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on Tuesday. ALONG SIDE (Bulk Oil Pier): OP-I Shalamar D. Crude Oil PNSC 26/06/16 OP-II Horizon Electra D. SB Oil Transtrade 26/06/16 OP-III Faik Bey D. Chemical GAC 25/06/16 ALONG SIDE (East Wharves): 1 Selay-5 […]

  • Foreign Currency Account Scheme

    KARACHI, (APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Tuesday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 28-06-16 For 3 months and over but less than 6 months […]