Business News

Tokyo stocks end higher as yen strength slows

  • TOKYO, Feb 20, (MILLAT) – Tokyo stocks overcame early losses to end modestly higher on Monday as the yen’s strength lost steam. Tokyo’s benchmark Nikkei 225 index edged up 0.09 percent, or 16.46points, to end the day at 19,251.08, while the Topix index of all first-section issues advanced 0.16 percent, or 2.47 points, to 1,547.01.

  • Tokyo shares open lower

    TOKYO, Feb 20, (MILLAT) – Tokyo stocks opened lower Monday as the yen’s continued strength weighed on the market. The benchmark Nikkei 225 index fell 0.39 percent, or 7.42 yen, to 19,160.20 in the first minutes of trading, while the Topix index of all first-section issues slipped 0.34 percent, or 5.23 points, to 1,539.31.

  • KPT shipping intelligence report

    KARACHI, Feb 20 (MILLAT): The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on Monday. ALONG SIDE (Bulk Oil Pier): OP-II Oriental Sakura D. Base Oil East Wind 19/02/17 ALONG SIDE (East Wharves): 1 Milos L. Ethanol East Wind 19/02/17 3 Girolando Exprees D. Heads Wilhelmsen […]

  • 1320MW Thar coal power plant to start generating electricity by 2018

    ISLAMABAD, Feb 20 (APP): Work on 1320 megawatts coal based power plant costing two point six billion dollars is underway at Thar Coal Field which will start producing electricity by 2018. According to Radio Pakistan quoting official sources said that projects is being carried out under Pak-China Economic Corridor. . The sources said electricity produces […]

  • Kerb currency market

    KARACHI, Feb 20 (MILLAT): Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Monday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.78 104.83 U.S $ (Cash Free Market) 107.00 107.20 SAUDIA RIYAL 28.40 28.60 UAE DIRHAM 29.15 29.35 EURO 113.20 114.70 […]

  • Currency rates of NBP

    KARACHI, (MILLAT/APP): Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Friday. U.S.A 105.65/ 103.14 S.ARABIA 28.03/ 26.38 U.K 132.12/ 128.99 JAPAN 0.9322/ 0.9096 EURO 112.77/ 110.10 U.A.E 28.76/ 26.37