Stocks retreat on trade worries, Italy budget concernsStock markets slid Tuesday as traders refocused on lingering global trade disputes and worries about Italy's budgetary spending. At about 1100 GMT, London's benchmark FTSE 100 index was down 0.4 perce...
Introducing HBL Qatar Airways Credit CardHBL, Pakistan's largest bank, and Qatar Airways, the world's fastest growing airline, have entered into a strategic partnership to launch a credit card tailored to serve the needs of country's swiftly...
Tea import increases 4.77 percent in two monthsTea imports into the country during the first two-month of the current financial year increased by 4.77 per cent as compared to the corresponding period of last year. About 37,359 metric ton of tea wo...
RCCI strongly resents 100 basis points hike in SBP’s interest rateThe Rawalpindi Chamber of Commerce & Industry (RCCI) on Tuesday shown strong reservations for increasing 100 basis points in the interest rate by the State Bank of Pakistan taking it from7.5 perce...
SECP launches 4th nationwide inter-university stock trading contestAs part of Investor Education's JamaPunji campaign, the SECP has launched the 4th nationwide inter-university stock trading competition. Its launch coincides with the World Investor Week 2018 for the...
US oil hits four-year peak ahead of sanctions on IranUS oil prices hit their highest level since November 2014 on Tuesday and Brent crude was also near a four-year peak reached the previous day, with markets preparing for tighter supply once US sanction...
Buyers consolidate long positions on dearth of better grades at lint marketThe trading on cotton market remained selective on grade issue while buyers with liquidity fortified their inventories amid firm physical prices. Buying for second grade of lint from old crop stocks a...
Greenback edges higher in value versus domestic unitThe US currency appreciated by 20 paisas against the domestic unit in interbank due to outflow in the form of importers' payments and a moderate supply of remittances and export proceeds. The dollar,...
Yellow metal price remains on correction on Gold Futures, speculationThe yellow metal price in international and domestic markets closed mixed on insignificant demand and correction in Gold Futures price that kept volumes thin. In domestic metal market, business activi...