Business News

Pak forex figure $20.352bn

  • KARACHI, Mar. 3 (APP): Total liquid foreign reserves of the country stood at $20.352 billion, said State Bank of Pakistan (SBP). According to SBP’s weekly statement here on Thursday, the foreign reserves held by State Bank on Feb. 26 amounted to $15,506.5 million and the net foreign reserves held by other banks were $4,845.8 million. […]

  • Tokyo stocks flat by break after three-day rally

    TOKYO, March 4 (APP/AFP): Tokyo stocks were flat Friday morning, taking a break after three days of gains, despite a rise on Wall Street as investors focus on a key US jobs report. The benchmark Nikkei 225 index at the Tokyo Stock Exchange edged down 0.02 percent, or 4.10 points, to 16,956.06 by the lunch […]

  • 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: Mid Fortune Bunga Laurel SHIPS BERTHED: Liberty Promise Car Carrier Northern Power Container Ship M.T.Karachi Tanker Santa Cruz 1. Tanker EXPECTED SAILING DATE Ever Divine 03/03/16 New Challage 03/03/16 […]

  • Shipping activity at Port Qasim

    KARACHI, (APP): Two ships C.V Maersk Karachi and M.T White Purl carrying containers and LPG were allotted berths at Qasim International Container Terminal and Engro Vopak Terminal respectively on Wednesday. Meanwhile three more ships with containers palm oil also arrive at outer anchorage of port during last 24 hours. Berth occupancy was managed at the […]

  • 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 Thursday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.73 104.78 U.S $ (Cash Free Market) 106.10 106.30 SAUDIA RIYAL 28.20 28.40 UAE DIRHAM 28.90 29.10 EURO 115.00 116.00 UK POUND […]

  • European stock markets subdued at open

    LONDON, (APP/AFP) – Europe’s main stock markets diverged in opening deals on Thursday, as investors paused for breath following this week’s sharp rally. London’s benchmark FTSE 100 index of major blue-chip companies dipped almost 0.1 percent to 6,142.42 points compared with Wednesday’s close. In the eurozone, Frankfurt’s DAX 30 index won 0.3 percent to 9,807.06 […]