Asian markets cautious after US volatilityAsian stocks were mostly trading up Wednesday, after a volatile session for US equities and as yields on Treasury bonds retreated from a seven-year peak. Japanese shares edged higher at the close, end...
PSX Index gains 287 points amid volatile tradingKARACHI: Benchmark KSE-100 index witnessed another volatile session Wednesday with intraday movement of 932 points while the KSE-100 Index closed positive by gaining 287 points to finally settle at 38...
Pakistan’s trade deficit narrows by 1.6% in July-September 2018KARACHI: Pakistan's trade deficit in first quarter of current fiscal slightly fell to $8.86 billion from the $9.01 billion reported in corresponding period of last fiscal, official data showed on Wedn...
FBL announces AutoCash, with flexible tenures ranging from 12 to 60 monthsFaysal Bank Limited (FBL) announced launch of Faysal AutoCash, a convenient personal instalment loan to eligible customers. Through this product, eligible customers will be able to fulfil their financ...
HBL hosts senior representatives from People’s Bank of ChinaMr. Muhammad Aurangzeb,HBL President & CEO, hostedDr. Ma Jun, Member of the People's Bank of China Currency Policy Committee, onthe 9th of October, 2018 at the HBL Plaza. The event was part of Dr....
SECP proposes to expand fit and proper criteria for insurance sectorThe Securities and Exchange Commission of Pakistan (SECP) has proposed to issue direction to the insurance sector of Pakistan to provide information about the sponsors, promoters and major shareholder...
Buyers pay premium price for better grades of lint amid firm physical pricesBuyers made deals for better grades of lint on premium price amid firm physical prices during trading session at lint market, fibre dealers said. The Karachi Cotton Association (KCA) spot rate stayed...
Oil dips as IMF lowers global growth outlook; eyes on US hurricaneOil prices edged lower on Wednesday after the IMF lowered its global growth forecasts but prices were supported as Hurricane Michael churned toward Florida, causing the shutdown of nearly 40 percent o...