Business News

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 Tuesday. SHIPS SAILED: Koronos Island Oel Dubai Kota Kamil Hyundai Paramount Alam Mutiara SHIPS BERTHED: Zhen Hua 18 General Cargo Thor Endeavour Soyabean Meal SCL Leman General Cargo Margaret SW General Cargo […]

  • 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) 104.68 104.73 U.S $ (Cash Free Market) 106.10 106.30 SAUDIA RIYAL 28.15 28.35 UAE DIRHAM 28.90 29.10 EURO 115.25 116.25 UK POUND […]

  • European stock markets dip at open

    LONDON, (APP/AFP): European stock markets dropped slightly at the start of trading on Tuesday after overnight falls on Wall Street. London’s benchmark FTSE 100 index fell 0.2 percent to 6,084.51 points compared with Monday’s close. In the eurozone, Frankfurt’s DAX 30 index lost 0.1 percent to 9,482.66 points and the Paris CAC 40 retreated 0.2 […]

  • 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 New challenge D. Petrol Wihelmsen 27/02/16 OP-II Navig8 Azurite D. Petrol Alpine 26/02/16 OP-III BW Lioness D. Naptha Wilhelmsen 28/02/16 ALONG SIDE (East Wharves): 1 EL Zorro […]

  • Australia holds interest rates at record low

    SYDNEY, , (APP/AFP) – Australia’s central bank Tuesday held interest rates at the historic low of 2.0 percent, but said continued low inflation would provide scope for further easing to stimulate the economy. For the ninth straight meeting, the Reserve Bank of Australia (RBA) kept its official cash rate at its lowest level in history, […]

  • Currency rates of NBP

    KARACHI, (APP): Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Tuesday. U.S.A 105.44/ 102.95 S.ARABIA 27.98/ 27.57 U.K 146.94/ 143.46 JAPAN 0.9369/ 0.9142 EURO 114.70/ 111.98 U.A.E 28.71/ 27.45