Asian markets mostly up despite G7 woes, eyes on Trump-Kim summitAsian markets mostly rose Monday as traders brushed off the chaotic Group of Seven meeting, with investors looking ahead to Donald Trump's summit with North Korean leader Kim Jong Un and key central b...
Pakistan equities close flat amid rupee devaluationKARACHI: Pakistan equities closed flat on Monday with benchmark KSE100 index settling below 44,000 level following Rupee Devaluation in the interbank market. Market opened with news of third round of...
Pakistan needs to fight case strongly against inclusion in ‘Grey List’: LCCILAHORE: The Lahore Chamber of Commerce & Industry (LCCI) on Monday called for strong lobbying against Pakistan's inclusion in Grey List by Financial Action Task Force (FATF). In a statement, the L...
Overseas Pakistanis remit $18 billion in 11MFY18, up by 2.95%KARACHI: Overseas Pakistani workers remitted $18028.24 million in the first eleven months (July to May) of FY18, showing a growth of 2.95 % compared with US $17511.12 million received during the same...
Pakistan’s trade deficit widens to $34 billionKARACHI: Pakistan's trade deficit in eleven months of outgoing fiscal widened to $33.88 billion from the $29.88 billion reported in corresponding period of last fiscal, official data showed on Monday....
Shock manufacturing slide casts doubt on UK economy’s bouncebackBritish factories had their worst month in five-and-a-half years in April, suggesting the economy's weak start to 2018 has persisted and lowering the likelihood of the Bank of England raising interest...
Buyers pay premium price for better grades of lint amid firm physical pricesKARACHI: Leading buyers bought better grades of lint on premium price amid strong physical prices during trading session at lint market, fibre dealers said. The Karachi Cotton Association (KCA) spot r...
Gold price remains steady against rupeeKARACHI: Yellow metal price closed firm in international and domestic markets on back of normal demand of buyers and hedgers. The yellow metal price witnessed upward correction on impasse in output re...
KMBL inks MoU with PTCL for Employees Financing SchemeKARACHI: Khushhali Microfinance Bank Limited (KMBL) and Pakistan Telecommunication Limited (PTCL) signed a memorandum of understanding (MoU) to launch a financing scheme for the assistance of PTCL emp...