Gold price regains value on demand, hedgingKARACHI: Yellow metal prices in international and domestic markets regained value on interest of investors and hedgers. However ready market buying prices stood attractive for buyers on limited stocks...
Dollar edges higher in value versus rupeeKARACHI: Greenback edged higher in value versus domestic unit in interbank and in open market transaction. After appreciating by Re 1 during intraday trading, dollar further increased value and closed...
Stocks dip to 17-month low amid political uncertaintyKARACHI: Pakistan equities erased all of Friday's gains to close at 17-month low on Monday. KSE-100 continued to crash hard, clocking in a fresh 2017 intra-day low of 38,375 points before bouncing sli...
Hotly anticipated bitcoin futures surge 21 percent on debutNEW YORK/SYDNEY: Bitcoin futures jumped more than 20 percent in their eagerly anticipated US debut, which backers hope will encourage wider use and legitimacy for the world's largest cryptocurrency ev...
Investors asked to cash in on emerging economy of PakistanKARACHI: Sindh Governor Mohammad Zubair Monday said that world was witnessing Pakistan as important player in the region with the Chinese mega investment plans, which will integrate country closer to...
Trade deficit rises to $15bn in 5MFY2018 KARACHI: Pakistan's trade deficit in first five months of current fiscal widened to $15.13 billion from the $11.69 billion reported in corresponding period of last fiscal, official data showed...
Trading remains quality focused amid firm physical prices at lint marketKARACHI: Buyers consolidated their long positions by making deals in better grades of lint on depleting stocks amid steady physical prices during trading at lint market. Buyers made deals for better a...
Overseas Pakistanis remit $8 billion in first 5MFY18Karachi: Overseas Pakistani workers remitted $8021.18 million in the first five months (July to November) of FY18, compared with $7919.74 million received during the same period in the preceding year....
Traders voice concern over FBR raids at business centresRAWALPINDI: An urgent meeting of traders representing different trade associations was held at the Rawalpindi Chamber of Commerce and Industry (RCCI) here on Monday. The meeting was attended by Vice p...
SBP allows exporters to dispatch transport documents to buyersKARACHI: In wake of changing global trade practices and to facilitate exporters, the State Bank of Pakistan (SBP) has relaxed its foreign exchange regulations allowing exporters to directly dispatch t...
NCCPL gives students insight into capital marketKarachi: The National Clearing Company of Pakistan Limited (NCCPL) has launched a student awareness programme (SAP) to enlighten young business students with core functionalities and practical informa...