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Print - 2015-04-17
Nikkei index flat

Nikkei index flat

Tokyo's benchmark Nikkei index ended flat Thursday as late buying offset early losses with the market sitting around 15-year highs. The Nikkei 225 at the Tokyo Stock Exchange inched up 16.01 points to end at 19,885.77, while the broader Topix index of all
Published 17 Apr, 2015 12:00am
Thursday's afternoon trade: stocks little changed

Thursday's afternoon trade: stocks little changed

US stocks were little changed on Thursday as mixed first-quarter results from companies gave investors few clues on the outlook for US earnings. While shares of Netflix surged following blockbuster results, limiting losses on the S&P 500 and Nasdaq, share
Published 17 Apr, 2015 12:00am
Wall Street soars as jitters about earnings and oil recede

Wall Street soars as jitters about earnings and oil recede

US stocks closed higher on Wednesday, fuelled by gains in oil companies and speculation that upcoming first-quarter earnings reports might not be quite as weak as previously thought. All 10 major S&P 500 sectors gained, with the energy index leading, up 2
Published 17 Apr, 2015 12:00am
Bonds steady after weak data

Bonds steady after weak data

US Treasury debt prices were little changed on Wednesday, after weaker than expected economic data earlier in the day added to bets that the Federal Reserve is likely to wait longer to raise interest rates. US industrial output posted its biggest drop in
Published 17 Apr, 2015 12:00am
Bonds steady after weak data

Bonds steady after weak data

US Treasury debt prices were little changed on Wednesday, after weaker than expected economic data earlier in the day added to bets that the Federal Reserve is likely to wait longer to raise interest rates. US industrial output posted its biggest drop in
Published 17 Apr, 2015 12:00am
Hong Kong stocks rise as more China inflows expected

Hong Kong stocks rise as more China inflows expected

Hong Kong stocks rose on Thursday, as some analysts revised up their index targets in anticipation of fresh money flows from the mainland. The Hang Seng index rose 0.4 percent, to 27,739.71, while the China Enterprises Index gained 1.7 percent, to 14,720.
Published 17 Apr, 2015 12:00am
China stocks hit fresh seven-year high

China stocks hit fresh seven-year high

China stocks posted their biggest gain in nearly three months on Thursday, hitting fresh seven-year highs as the red-hot market brushed off the authorities' unease over the levels of margin trading in a market that has surged almost 30 percent this year.
Published 17 Apr, 2015 12:00am
Indian shares down

Indian shares down

Indian shares were lower for the second straight session on Thursday, led by software services companies such as Tata Consultancy Services ahead of its quarterly earnings later in the day. The dollar's biggest quarterly rise against other major currencies
Published 17 Apr, 2015 12:00am
European shares retreat from multi-year highs

European shares retreat from multi-year highs

European equities retreated from 14-year highs on Thursday, led lower by shares in French retailer Casino, which reported slower sales growth, and Pearson, on a report that one of its educational technology projects was in trouble.
Published 17 Apr, 2015 12:00am
Australian shares rise

Australian shares rise

Australian shares rose 0.7 percent on Thursday as gains in financials, materials and energy stocks pushed the index higher although better-than-expected local jobs data lessened the chance of a rate cut in May. The S&P/ASX 200 index rose 39.08 points to 5
Published 17 Apr, 2015 12:00am
SE Asian markets: Singapore index snaps gains; most stocks up

SE Asian markets: Singapore index snaps gains; most stocks up

Southeast Asian stock markets mostly rose on Thursday as a rally in global oil prices lifted energy-related shares but the Singapore benchmark snapped a four-day winning streak after the bourse's operator denied a possible stock trading link with China.
Published 17 Apr, 2015 12:00am
Pearson penalised as FTSE slips off record high

Pearson penalised as FTSE slips off record high

Britain's top share index slipped off record highs on Thursday, with media group Pearson underperforming after a newspaper report of a glitch in a lucrative contract. The blue-chip FTSE 100 index initially rose to an all-time high of 7,119.35 points but t
Published 17 Apr, 2015 12:00am
KE to provide free electricity to FESF

KE to provide free electricity to FESF

K-Electric (KE) has always focused on its Social Investment Programme (SIP) through its corporate social responsibility and the Power Utility has added another partner to which the company would be providing 100 percent free electricity to Family Educatio
Published 17 Apr, 2015 12:00am
Microsoft introduces Lumia 540 Dual SIM

Microsoft introduces Lumia 540 Dual SIM

Microsoft Corp. recently unveiled the Lumia 540 Dual SIM, designed for young, ambitious people looking for their first serious smartphone.
Published 17 Apr, 2015 12:00am
Pacra upgrades NAFA rating

Pacra upgrades NAFA rating

Pakistan Credit Rating Agency (PACRA) has upgraded the asset manager rating of NBP Fullerton Asset Management Limited (NAFA) to "AM2+". There are only four Asset Management Companies (AMCs) in Pakistan rated "AM2+" among 20 AMCs. The rating reflects NAFA'
Published 17 Apr, 2015 12:00am
LSEG delegates call on Dar

LSEG delegates call on Dar

Chief of Staff and Head of Business Development at London Stock Exchange Group (LSEG) Nikhil Rathi, along with Senior Advisor, Primary Markets at LSEG Ms Gavin Sullivan, called on Finance Minister Mohammad Ishaq Dar at Pakistan High Commission London here
Published 17 Apr, 2015 12:00am
Mobilink launches Samsung S6 in Pakistan

Mobilink launches Samsung S6 in Pakistan

Mobilink in collaboration with Samsung has exclusively launched the highly anticipated Samsung S6 and S6 Edge smartphones for customers. The launch coincides with Samsung S6 and S6 Edge global launch and is in line with Mobilink's strategy of introducing
Published 17 Apr, 2015 12:00am
NAP: KP Police high-ups directed to intensify efforts

NAP: KP Police high-ups directed to intensify efforts

Inspector General of Police (IGP) Khyber Pakhtunkhwa Nasir Khan Durrani has directed police high-ups to further intensify its efforts against militants and outlaws as envisaged in the National Action Plan (NAP).
Published 17 Apr, 2015 12:00am
Elite Estates signs-in global consortium for its landmark project

Elite Estates signs-in global consortium for its landmark project

Elite Estates (Private) Limited has signed an agreement for master planning, infrastructure and landscape designs with Egypt-based Medhat Abouzeid Egyptian Consulting House - MZECH in association with RTKL (UK) part of the ARCADIS group, the leading globa
Published 17 Apr, 2015 12:00am
Pakistan most vulnerable to impacts of climate change: Vink

Pakistan most vulnerable to impacts of climate change: Vink

Pakistan is one of the most vulnerable countries to affects of climate change but the country can cope with it by involving youth and civil society. This was stated by Netherlands Ambassador Marcel de Vink while speaking at an event 'Youth for Action on C
Published 17 Apr, 2015 12:00am
DBA Abbottabad delegates call on KP Governor

DBA Abbottabad delegates call on KP Governor

Khyber Pakhtunkhwa Governor Sardar Mahtab Ahmad Khan has said that the lawyer community can play a vital role and it is his desire to facilitate them in their activities. He stated this while talking to a 10-member delegation of the executive body of Dist
Published 17 Apr, 2015 12:00am
Energy sector: Denmark can extend co-operation: envoy

Energy sector: Denmark can extend co-operation: envoy

The bilateral trade between Pakistan and Denmark has inclined to 13 percent in the last year. Denmark can extend co-operation to Pakistan in energy sector this was stated by Ambassador of Denmark Jesper Moller Sorensen in a reception organized by Muhammad
Published 17 Apr, 2015 12:00am
Opposition senators rap government for 'undermining' CCI

Opposition senators rap government for 'undermining' CCI

The opposition lawmakers in Senate on Thursday severely criticised the government for what they called 'undermining' the Council of Common Interests (CCI), saying that just three meetings after the ruling government took over in 2013 reflects the Council
Published 17 Apr, 2015 12:00am
KP Assembly calls for holding LB polls under judiciary

KP Assembly calls for holding LB polls under judiciary

The provincial assembly of Khyber Pakhtunkhwa on Thursday passed a unanimous resolution demanding that instead of district administration the upcoming local bodies' polls should be held under supervision of judiciary in the province. The matter was earlie
Published 17 Apr, 2015 12:00am
SECP allows floatation of Awwal Modaraba

SECP allows floatation of Awwal Modaraba

The Securities and Exchange Commission of Pakistan (SECP) has allowed floating a new Modaraba namely "Awwal Modaraba", having paid up fund of Rs one billion. The Modaraba fund will be managed by Awwal Modaraba Management Limited, a wholly owned subsidiary
Published 17 Apr, 2015 12:00am
Rand recovers

Rand recovers

South Africa's rand strengthened against the dollar on Thursday as soft US housing and jobs data weighed on the dollar, adding uncertainty over the timing of a rate rise from the Federal Reserve. At 1530 GMT, the rand was trading 0.61 percent firmer at 11
Published 17 Apr, 2015 12:00am
Yuan jumps against dollar

Yuan jumps against dollar

China's yuan jumped to a more than one-week high versus the dollar on Thursday, buoyed by a firmer central bank midpoint and after comments by Chinese Premier that Beijing would not use yuan depreciation to support the economy, traders said. Spot yuan ope
Published 17 Apr, 2015 12:00am
Aussie climbs in Asia

Aussie climbs in Asia

The Australian dollar gained a lift from strong Australian jobs data, while the greenback struggled to gain traction after weak US output data added to uncertainty over the timing of a Federal Reserve interest rate rise.
Published 17 Apr, 2015 12:00am
Aussie jumps; dollar struggles in Europe

Aussie jumps; dollar struggles in Europe

The Australian dollar was the biggest mover on major currency markets on Thursday, jumping more than 1 percent after strong domestic jobs data while the US dollar struggled to build any momentum after a volatile week.
Published 17 Apr, 2015 12:00am
Dollar slips against majors in New York

Dollar slips against majors in New York

The US dollar slipped against a basket of major currencies on Wednesday after weak US economic data led traders to buy back the euro and sell the dollar on uncertainty over the timing of the Federal Reserve's first interest rate hike in nearly a decade. T
Published 17 Apr, 2015 12:00am
Sri Lankan rupee forwards down

Sri Lankan rupee forwards down

Sri Lankan rupee forwards ended weaker on Thursday on light importer dollar demand and dealers expect downward pressure on the currency to persist after the central bank in a surprise move on Wednesday cut key monetary policy rates to record lows. Activel
Published 17 Apr, 2015 12:00am
Weak US production data lifts Asia FX, ringgit jumps

Weak US production data lifts Asia FX, ringgit jumps

Most emerging Asian currencies rose on Thursday as dismal US industrial production data bolstered expectations of a delay in the Federal Reserve's interest rate increase, hitting the dollar. The Malaysian ringgit outperformed on demand from offshore funds
Published 17 Apr, 2015 12:00am
Egyptian pound steady

Egyptian pound steady

Egypt's central bank kept the pound steady at 7.53 to the dollar at a foreign exchange auction on Thursday, while the currency weakened slightly on the black market. The central bank has kept the official exchange rate steady for more than two months afte
Published 17 Apr, 2015 12:00am
Sterling rises against dollar

Sterling rises against dollar

Sterling hit its highest against the dollar in over a week on Thursday, after weaker-than-expected US economic data cast doubt on prospects of a Federal Reserve interest rate hike this year. US housing starts rose far less than expected in March and permi
Published 17 Apr, 2015 12:00am
Australian dollar surge

Australian dollar surge

The Australian dollar surged and interbank futures slid on Thursday after a strong jobs report led markets to cut the odds of an interest rate cut in the next couple of months. The Australian dollar leapt 1.2 percent to a three-week high of $0.7782, pulli
Published 17 Apr, 2015 12:00am
Turkey Prime Minister's Armenian aide steps down amid genocide row

Turkey Prime Minister's Armenian aide steps down amid genocide row

The Turkish government on Thursday said a Turkish-Armenian advisor to Prime Minister Ahmet Davutogou had "retired", days after he caused a furore within the ruling party for describing the mass killings of Armenians during the Ottoman Empire as genocide.
Published 17 Apr, 2015 12:00am
EU plots future energy security

EU plots future energy security

The European Union is drawing up contingency plans to guarantee energy security for the 28-nation bloc under all circumstances, its top energy official said Thursday. "We are considering all the possible risks and all the possible scenarios. We are not on
Published 17 Apr, 2015 12:00am
EU clears massive German wind farms investment

EU clears massive German wind farms investment

The EU on Thursday approved German government support for a massive investment of nearly 30 billion euros in new offshore wind farms, a key project as the country phases out nuclear energy. Germany decided to close down its nuclear power plants after the
Published 17 Apr, 2015 12:00am
Venezuelan newspapers at risk of closure

Venezuelan newspapers at risk of closure

Several Venezuelan newspapers are at risk of imminent closure, the Inter-American Press Association warned Thursday, accusing leftist President Nicolas Maduro of impeding access to newsprint and discriminating against publications critical of his governme
Published 17 Apr, 2015 12:00am
Iran poses growing cyber threat to US

Iran poses growing cyber threat to US

Iran poses a growing threat to America's computer networks and has launched increasingly sophisticated digital attacks and spying on US targets, according to a new report released Thursday. Iran's far-reaching hacking efforts indicate the regime is search
Published 17 Apr, 2015 12:00am
EU urged to label Israeli West bank produce

EU urged to label Israeli West bank produce

Sixteen out of the 28 EU countries want the bloc to label products from Israeli settlements in the occupied West Bank, diplomatic sources told AFP Thursday, confirming a Haaretz report.
Published 17 Apr, 2015 12:00am
Pro-Russia journalist gunned down in Ukraine

Pro-Russia journalist gunned down in Ukraine

A pro-Russian journalist was shot dead in Ukraine's capital Thursday, leading Kiev to brand the latest murders of pro-Moscow figures an enemy "provocation". Columnist Oles Buzyna, 45, a supporter of Ukraine's ousted Kremlin-backed president Viktor Yanukov
Published 17 Apr, 2015 12:00am
Cameron skips final pre-election TV debate in calculated gamble

Cameron skips final pre-election TV debate in calculated gamble

The leaders of Britain's two main political parties are taking starkly different gambles on the final TV debate of a knife-edge election campaign on Thursday: Prime Minister David Cameron by not taking part and Labour leader Ed Miliband by turning up.
Published 17 Apr, 2015 12:00am
Briton murdered in Egypt's temple city

Briton murdered in Egypt's temple city

A British national was found dead with a gunshot wound in the chest in Egypt's temple city of Luxor after a financial dispute, police said Thursday. An Egyptian man was arrested after the body of the 61-year-old Briton was found in a garbage bag on a road
Published 17 Apr, 2015 12:00am
Assange agrees to be questioned in London

Assange agrees to be questioned in London

WikiLeaks founder Julian Assange has agreed to be questioned by Swedish prosecutors in London over rape allegations, his Swedish lawyer Thomas Olsson said on Thursday. "We sent a confirmation earlier today to the prosecutors that Julian Assange agrees to
Published 17 Apr, 2015 12:00am
One-Stop-Shop becomes operational at LCCI

One-Stop-Shop becomes operational at LCCI

The state-of-the-art Physical One-Stop-Shop has become operational at the Lahore Chamber of Commerce and Industry which was established in collaboration with the Securities and Exchange Commission of Pakistan, the Federal Board of Revenue, the Employees O
Published 17 Apr, 2015 12:00am
Rigging in 2013 elections: JC will bring facts before nation: Elahi

Rigging in 2013 elections: JC will bring facts before nation: Elahi

Pakistan Muslim League-Quaid-e-Azam senior leader and former deputy premier Chaudhry Parvez Elahi has said the hopes of an entire nation were linked with the Judicial Commission and hopefully facts about the 2013 elections would come before the people. Hi
Published 17 Apr, 2015 12:00am
Markets timing: LHC dismisses petition

Markets timing: LHC dismisses petition

The Lahore High Court on Thursday dismissed a petition against a government decision to close markets and shops at 8pm to conserve electricity in summer. The court ruled that the petition was un-maintainable since it is a policy matter and the court could
Published 17 Apr, 2015 12:00am
UMT, ICAP ink MoU

UMT, ICAP ink MoU

A Memorandum of Understanding (MoU) between UMT and the Institute of Chartered Accountants of Pakistan (ICAP) took place here on Thursday. According to the MOU, the graduates of BS Accounting from UMT will have an opportunity to pursue highly recognised C
Published 17 Apr, 2015 12:00am
Gun Country Club Chairman praised for making best efforts

Gun Country Club Chairman praised for making best efforts

The Committee expressed satisfaction on the efforts of Chairman, Gun Country Club for making it operational and initiating steps to further improve the performance of the club. The Committee directed that management of Gun Country Club may organise differ
Published 17 Apr, 2015 12:00am
LSE, Oxford University hold conference

LSE, Oxford University hold conference

The Lahore School of Economics (LSE) in partnership with University of Oxford hosted a conference on "Microfinance and Enterprise Development." The objective of the conference was to bring together speakers from microfinance institutions, donors, academic
Published 17 Apr, 2015 12:00am
Naval Chief meets Prime Minister

Naval Chief meets Prime Minister

Chief of Naval Staff Admiral Muhammad Zakaullah called on Prime Minister Nawaz Sharif at the PM House here on Thursday afternoon. Professional matters related to Pakistan Navy came under discussion. Sources said the Naval Chief briefed the Prime Minister
Published 17 Apr, 2015 12:00am
Wapda will not be privatised: spokesman

Wapda will not be privatised: spokesman

The spokesman of the Pakistan Water and Power Development Authority (Wapda) has clarified that Wapda was not being privatized rather the power sector companies were being privatized. The spokesman has made it clear that subsequent to power sector reforms
Published 17 Apr, 2015 12:00am
Imran Farooq murder case: Nisar takes Governor Sindh into confidence

Imran Farooq murder case: Nisar takes Governor Sindh into confidence

Interior Minister Chaudhry Nisar Ali Khan telephoned Sindh Governor Dr Ishratul Ibad on Thursday and shared details regarding the Imran Farooq murder case with him. Sources at the Governor House said the two spoke about law and order situation in the prov
Published 17 Apr, 2015 12:00am
Projects worth $46 billion: Chinese President to arrive on Monday

Projects worth $46 billion: Chinese President to arrive on Monday

Foreign Office confirmed Thursday that Chinese President Xi Jinping will arrive on Monday on a two-day state visit along with a high-power delegation to further deepen economic and strategic ties between the two all-time friends, expecting to sign project
Published 17 Apr, 2015 12:00am
DG Rangers visits Azizabad and other areas

DG Rangers visits Azizabad and other areas

Director General Rangers Major General Bilal Akbar on Thursday visited various city areas including Azozabad neighbourhood to inspect the law and order situation in the metropolis. Talking to a private TV channel during the visit, he said the crime-infest
Published 17 Apr, 2015 12:00am
Shaukat Aziz pins high hopes on China-led AIIB

Shaukat Aziz pins high hopes on China-led AIIB

Former prime minister Shaukat Aziz has expressed the hope that China-led Asian Infrastructure Investment Bank (AIIB) would contribute a lot in improving living condition of the people of the member countries. He told a forum in Singapore that the AIIB is
Published 17 Apr, 2015 12:00am
Russian defence chiefs blame US for global security risks

Russian defence chiefs blame US for global security risks

Top Russian defence officials lashed out at the United States Thursday, accusing it of undermining global security by funding revolutions and expanding Nato in a bid to contain Russia. Speaking at a conference in Moscow attended by his counterparts from N
Published 17 Apr, 2015 12:00am
Russian defence chiefs blame US for global security risks

Russian defence chiefs blame US for global security risks

Top Russian defence officials lashed out at the United States Thursday, accusing it of undermining global security by funding revolutions and expanding Nato in a bid to contain Russia. Speaking at a conference in Moscow attended by his counterparts from N
Published 17 Apr, 2015 12:00am
Banks'' pre-tax profit up 52 percent YoY: QPR

Banks'' pre-tax profit up 52 percent YoY: QPR

The Quarterly Performance Review of the banking system for the quarter ended 31st December, 2014 released by SBP Thursday, highlighted that "the operating performance of banks shows marked improvement as profit before tax surged by 52 percent (YoY) to rea
Published 17 Apr, 2015 12:00am
Banks' pre-tax profit up 52 percent YoY: QPR

Banks' pre-tax profit up 52 percent YoY: QPR

The Quarterly Performance Review of the banking system for the quarter ended 31st December, 2014 released by SBP Thursday, highlighted that "the operating performance of banks shows marked improvement as profit before tax surged by 52 percent (YoY) to rea
Published 17 Apr, 2015 12:00am
Banks' pre-tax profit up 52 percent YoY: QPR

Banks' pre-tax profit up 52 percent YoY: QPR

The Quarterly Performance Review of the banking system for the quarter ended 31st December, 2014 released by SBP Thursday, highlighted that "the operating performance of banks shows marked improvement as profit before tax surged by 52 percent (YoY) to rea
Published 17 Apr, 2015 12:00am
Geelani and others booked for hoisting Pak flag

Geelani and others booked for hoisting Pak flag

Hours after Hurriyat Chairman Syed Ali Shah Geelani addressed a public rally here, accompanied by his supporters including separatist leader Masarat Alam - who made his first public appearance on Wednesday after his release last month - the Jammu and Kash
Published 17 Apr, 2015 12:00am
Geelani and others booked for hoisting Pak flag

Geelani and others booked for hoisting Pak flag

Hours after Hurriyat Chairman Syed Ali Shah Geelani addressed a public rally here, accompanied by his supporters including separatist leader Masarat Alam - who made his first public appearance on Wednesday after his release last month - the Jammu and Kash
Published 17 Apr, 2015 12:00am
Pressure rises on Greece as IMF rebuffs repayment delay

Pressure rises on Greece as IMF rebuffs repayment delay

International Monetary Fund chief Christine Lagarde on Thursday played down talk of Greece delaying its debt payments, maintaining pressure on Athens as it runs out of money to pay. With an April 24 deadline looming for Greece to reach a deal on new finan
Published 17 Apr, 2015 12:00am
Pressure rises on Greece as IMF rebuffs repayment delay

Pressure rises on Greece as IMF rebuffs repayment delay

International Monetary Fund chief Christine Lagarde on Thursday played down talk of Greece delaying its debt payments, maintaining pressure on Athens as it runs out of money to pay. With an April 24 deadline looming for Greece to reach a deal on new finan
Published 17 Apr, 2015 12:00am
Pressure rises on Greece as IMF rebuffs repayment delay

Pressure rises on Greece as IMF rebuffs repayment delay

International Monetary Fund chief Christine Lagarde on Thursday played down talk of Greece delaying its debt payments, maintaining pressure on Athens as it runs out of money to pay. With an April 24 deadline looming for Greece to reach a deal on new finan
Published 17 Apr, 2015 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 17 Apr, 2015 12:00am
PAF aircraft crashes near Somniani

PAF aircraft crashes near Somniani

A Mirage aircraft of Pakistan Air Force crashed near Somniani while on a routine operational training mission. According to PAF spokesman, the pilot of the aircraft ejected safely. No loss of civilian life and property has been reported on ground. A board
Published 17 Apr, 2015 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 17 Apr, 2015 12:00am
PAF aircraft crashes near Somniani

PAF aircraft crashes near Somniani

A Mirage aircraft of Pakistan Air Force crashed near Somniani while on a routine operational training mission. According to PAF spokesman, the pilot of the aircraft ejected safely. No loss of civilian life and property has been reported on ground. A board
Published 17 Apr, 2015 12:00am
The Weather

The Weather

The weather report on Thursday (April 16, 2015) and the forecast for Friday (April 17, 2015).

Published 17 Apr, 2015 12:00am
Afghan trucks allowed to ferry goods up to Wagha: Dastgir informs Ghani

Afghan trucks allowed to ferry goods up to Wagha: Dastgir informs Ghani

Pakistan has reduced scanning of Afghan transit cargo from 100 to 20 per cent and allowed Afghan trucks to carry goods up to Wagha and their return. Commerce Minister Engineer Khurram Dastgir who has returned from a two-day Afghanistan visit reportedly in
Published 17 Apr, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (April 16, 2015).

Published 17 Apr, 2015 12:00am
Afghan trucks allowed to ferry goods up to Wagha: Dastgir informs Ghani

Afghan trucks allowed to ferry goods up to Wagha: Dastgir informs Ghani

Pakistan has reduced scanning of Afghan transit cargo from 100 to 20 per cent and allowed Afghan trucks to carry goods up to Wagha and their return. Commerce Minister Engineer Khurram Dastgir who has returned from a two-day Afghanistan visit reportedly in
Published 17 Apr, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (April 16, 2015).

Published 17 Apr, 2015 12:00am
Afghan trucks allowed to ferry goods up to Wagha: Dastgir informs Ghani

Afghan trucks allowed to ferry goods up to Wagha: Dastgir informs Ghani

Pakistan has reduced scanning of Afghan transit cargo from 100 to 20 per cent and allowed Afghan trucks to carry goods up to Wagha and their return. Commerce Minister Engineer Khurram Dastgir who has returned from a two-day Afghanistan visit reportedly in
Published 17 Apr, 2015 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 17 Apr, 2015 12:00am
$710 million FDI netted in nine months

$710 million FDI netted in nine months

Pakistan fetched some $710 million Foreign Direct Investment (FDI) during the first nine months of this fiscal year, ie, FY15. According to State Bank of Pakistan (SBP), during the period under review, FDI inflows posted a 20 percent surge, however overal
Published 17 Apr, 2015 12:00am