Business News

EXCHANGE RATES FOR CURRENCY NOTES

  • SELLING BUYING U.S.A 105.55 103.04 S.ARABIA 28.00 27.60 U.K 150.71 147.14 JAPAN 0.9302 0.9076 EURO 117.90 115.11 U.A.E 28.74 27.47 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 0.8977 11-03-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]

  • KPT Shipping Movements Report

    KARACHI, (APP): Following were the Movements of Ships at Karachi Port Trust (KPT) during the last 24 hours, ending at 0700 hours on Thursday. SHIPS SAILED: Hansa Neuburg Malhari Leopard Batam Trader SHIPS BERTHED: Malhari Tanker Nordic Tianjin Coal Batam Trader Container ship Wan Hai 511 Container Ship Cosco Wellington Container Ship EXPECTED SAILING DATE […]

  • Shanghai stocks end lower for second session

    HONG KONG, (APP/AFP) – Shanghai stocks sank more than two percent Thursday as ongoing worries about the Chinese economy overshadowed strong inflation data, while Hong Kong also retreated on late selling. The benchmark Shanghai Composite Index dropped 2.02 percent, or 57.83 points, to 2,804.73 and the Shenzhen Composite Index, which tracks stocks on China’s second […]

  • 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 Thursday. ALONG SIDE (Bulk Oil Pier): OP-II Swarma Kamal L. Naptha Alpine 09/03/16 OP-III MTM London D. Naptha Alpine 08/03/16 ALONG SIDE (East Wharves): 2/3 APJ Shirin D.Coal OC-Services 09/03/16 4 Elgiznur Cebi D.Coal […]

  • Japan stocks up but nuclear-linked utilities dive on court ruling

    TOKYO, (APP/AFP): Tokyo’s benchmark index rose Thursday, but utilities dived after a Japanese court ordered the shutdown of two nuclear reactors over safety concerns, in a blow to efforts to bring back atomic power five years after the Fukushima crisis. The benchmark Nikkei 225 index closed up 1.26 percent, or 210.15 points, to 16,852.35, snapping […]

  • Euro down against dollar ahead of ECB meeting

    TOKYO, (APP/AFP) – The euro ticked lower against the dollar Thursday as investors focus on a meeting of the European Central Bank that is expected to see it unveil more stimulus to shore up the stumbling eurozone economy. ECB boss Mario Draghi has come under pressure to deliver measures that will break years of weak […]