Asian stocks mixed as traders keep tabs on China-US trade roAsian markets were mixed Wednesday, with Shanghai and Hong Kong sharply lower following reports the US was planning to more than double planned tariffs on China. The region started on a positive note,...
MCB announces half yearly financial resultsThe Board of Directors of MCB Bank Limited, met under the Chairmanship of Mian Mohammad Mansha, on August 01, 2018 to review the performance of the Bank and approve the financial statements for the ha...
PSX Index ends positive amid range-bound tradingPakistan equities closed positive on Wednesday with Benchmark KSE-100 Index settling above 42,800 points level, up 98 points. Market kicked off positive however thin volumes in main board resulted in...
Pakistan’s headline inflation rate surges in JulyPakistan's headline inflation rate accelerated in the month of July 2018 as Consumer Price Index (CPI) for the first month of FY19 clocked in at 5.8% year-on-year (YoY). CPI inflation general increase...
UK factories lose steam on eve of Bank of England rate decisionBritish factories lost momentum in July and manufacturers were their most downbeat in nearly two years, a survey showed on Wednesday, raising fresh questions about the need for an expected Bank of Eng...
Lint trading remains selective amid adjustment in physical pricesCotton trading in Sindh and Punjab stations remained selective on grade issue with higher demand for better grades while demand for second grade remained high, dealers said. The ginning activities at...
Greenback stands lower in value versus domestic unitThe greenback closed dull in value against the rupee in the interbank while gained value in open market dealing, treasurers and currency dealers said. It started the day's trading at Rs 124.15 for buy...
Yellow metal price recovers on hedging, speculationThe yellow metal price in global and domestic markets recovered value on back of Futures correction and improvement in short term buying on technical grounds, metal traders said. Trading activity rema...