Business News

Tokyo stocks up by break following global gains

  • TOKYO, (APP/AFP): Tokyo stocks rose Wednesday morning as traders picked up on a return of confidence that helped drive rallies in US and European markets. The Nikkei-225 index climbed 0.29 percent, or 47.80 points, to 16,612.99 by the break. The Topix index of all first-section shares edged up 0.07 percent, or 0.97 points, to 1,335.87.

  • Spot rates of cotton (Crop 2015-2016)

    KARACHI, (APP): Karachi Cotton Association (KCA) on Tuesday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16″ Micronaire value between 3.8 and 4.9 NCL. Rate Ex-Gin Up-country Spot Rates for Price Expenses Ex-Karachi 37.324 kgs 5,600 135 5,735 Equivalent 40 kgs 6,002 145 6,147

  • 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) 104.70 104.75 U.S $ (Cash Free Market) 104.70 104.90 SAUDIA RIYAL 27.90 28.10 UAE DIRHAM 28.55 28.75 EURO 119.25 120.25 UK POUND […]

  • 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 08/05/16 OP-II SC Shenzhen D. MEG East Wind 09/05/16 OP-III Quetta D. Crude Oil PNSC 09/05/16 ALONG SIDE (East Wharves): 1 Bunga […]

  • 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 10-05-16 For 3 months and over but less than 6 months […]

  • Foreign exchange rates

    KARACHI, (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Tuesday. LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS VIDE SBP F.E. CIRCULAR NO.42 & 21.07.98 & 04.08.98 RESPECTIVELY. LIBOR VALUE 6 MONTHS US DOLLAR 0.9072 10.05.16 CONVERSION RATES FOR 10TH MAY 2016 FOR […]