Money & Banking Yen bags limelight with strongest week in 3 months LONDON/SINGAPORE: The yen headed for its biggest weekly gain since late April on Friday as traders unwound long-held... Published 27 Jul, 2024 06:16am
Money & Banking Asian currencies: South Korean won, Indonesian rupiah slip JAKARTA: Among currencies, the South Korean won and the Indonesian rupiah slipped around 0.3% and 0.2%, ... Published 27 Jul, 2024 06:16am
Money & Banking Indian rupee ends at record low MUMBAI: The Indian rupee closed at an all-time low on Friday, pressured by strong dollar demand from local oil... Published 27 Jul, 2024 06:16am
Money & Banking Meezan Bank, Haball sign referral arrangement agreement KARACHI: Meezan Bank has entered into a referral arrangement with Haball Pvt Ltd, a premier digital payments... Published 27 Jul, 2024 06:18am
Money & Banking India’s foreign exchange reserves rise for third week, hit record high BENGALURU: India’s foreign exchange reserves rose for a third straight week, hitting a lifetime high of $670.86... Published 26 Jul, 2024 06:54pm
Money & Banking NBP says committed to expanding loan facility for youth KARACHI: Rehmat Ali Hasnie, President & CEO National Bank of Pakistan (NBP) expressed his commitment to ... Published 26 Jul, 2024 06:21am
Money & Banking Commerce Plex, Faysal Bank partner to revolutionise remittances KARACHI: Commerce Plex, a wholly owned and fully licensed subsidiary of Simpaisa Holdings, is collaborating with... Published 25 Jul, 2024 06:24am
Money & Banking Yen hits 2-1/2-month high vs dollar NEW YORK: The Japanese yen rallied for a fourth straight session against the dollar on Thursday, hitting a... Updated 26 Jul, 2024 06:14am
Money & Banking ABL launches K2 Expedition 2024 LAHORE: Allied Bank Limited (ABL) announces the launch of its K2 Expedition 2024, an initiative that merges the... Updated 26 Jul, 2024 07:09am
Money & Banking Asian currencies: Indonesian rupiah falls to two-week low BENGALURU: Equities in Asian emerging markets were under pressure on Thursday after lacklustre earnings from US tech... Updated 26 Jul, 2024 06:14am
Money & Banking Dollar falls against resurgent yen NEW YORK: The dollar fell to its lowest in more than two months against the yen on Wednesday as short-yen carry... Published 25 Jul, 2024 07:08am
Money & Banking Deutsche Bank declares PLS rates KARACHI: The Deutsche Bank has declared PLS rates June 30, 2024. =========================================== Type ... Published 26 Jul, 2024 06:21am
Money & Banking Mobilink Bank upgrades treasury operations with AutoSoft Dynamics ISLAMABAD: Pakistan’s leading digital microfinance bank, Mobilink Bank, has brought on board AutoSoft Dynamics, a... Published 26 Jul, 2024 06:21am
Money & Banking Banks allowed to charge off fully provisioned NPLs KARACHI: The State Bank of Pakistan (SBP) has allowed the banks to charge off the fully provisioned corporate,... Updated 24 Jul, 2024 08:59am
Money & Banking Corporate Restructuring Companies: SBP revises guidelines for transfer of NPAs KARACHI: The State Bank of Pakistan (SBP) made some necessary amendments in the guidelines to facilitate Financial... Published 25 Jul, 2024 06:24am
Money & Banking Asian currencies: Thai baht edges higher; rupiah, ringgit slip BENGALURU: Currencies and stocks in Asian emerging markets were in a holding pattern on Wednesday as traders awaited... Published 25 Jul, 2024 07:08am
Money & Banking BoE unveils new stability tool to soothe gilt market ructions LONDON: The Bank of England on Wednesday set out details of a new financial stability tool that insurers and pension... Published 25 Jul, 2024 07:08am
Financial Indian rupee’s downward bias likely to persist; central bank expected to help out MUMBAI: The Indian rupee is expected to decline further on Wednesday due to a rise in the dollar index and a... Published 24 Jul, 2024 10:26am
Financial Indian bonds struggle for direction, little help from FY25 budget MUMBAI: Indian government bond yields continued to struggle for direction on Wednesday, a day after the release of... Published 24 Jul, 2024 10:09am
Money & Banking Yen gains for 2nd day against dollar NEW YORK: The yen rose for a second straight session against the dollar on Tuesday, boosted by comments from a ... Published 24 Jul, 2024 05:38am
Money & Banking Yuan steady against dollar SHANGHAI: The yuan held steady on Tuesday against the US dollar, with analysts saying the fragile currency would... Updated 24 Jul, 2024 06:37am
Money & Banking Aussie, Kiwi dollars struggle on China’s rate cuts SINGAPORE: The Australian and New Zealand dollars languished near multi-week lows on Tuesday after China’s move to... Updated 24 Jul, 2024 06:39am
Money & Banking Indian rupee settles at record closing low MUMBAI: The Indian rupee slipped to record lows on Tuesday as the government raising tax rates for capital gains ... Updated 24 Jul, 2024 06:39am
Money & Banking Monetary Policy Committee: SBP issues advance calendar for meetings in July-December 2024 After much delay, the State Bank of Pakistan (SBP) has issued the advance calendar of Monetary Policy Committee... Updated 23 Jul, 2024 11:15pm
2024-07-23-02-19 Banking Mohtasib provides relief of Rs681m to banking customers in H12024 KARACHI: The Banking Mohtasib Pakistan (BMP) has granted monetary relief amounting to Rs 681.07 million to the... Published 23 Jul, 2024 07:59am
Money & Banking Indian rupee ends little changed MUMBAI: The Indian rupee closed nearly flat on Monday after slipping to its weakest level on record earlier in the... Published 23 Jul, 2024 08:29am
Money & Banking US dollar slightly higher NEW YORK: The US dollar was slightly higher on Monday, capturing some safe-haven flows, as investors digested US... Published 23 Jul, 2024 08:29am
Money & Banking Asian currencies range-bound BENGALURU: Taiwanese shares tanked to a one-month low on Monday with the Taiwanese dollar leading losses among other... Published 23 Jul, 2024 08:29am
Money & Banking BoE plans expanded repo facilities to avert money market crunch LONDON: The Bank of England said on Monday that banks should get ready to make greater use of its repo facilities as... Published 23 Jul, 2024 08:29am
Money & Banking Brokerage services: DIBPL partners with ZLK ISLAMABAD/KARACHI: Dubai Islamic Bank Pakistan Limited (DIBPL), a subsidiary of Dubai Islamic Bank UAE, the ... Published 23 Jul, 2024 06:34am
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost