Asia stocks boosted after Trump-Kim summit, eyes on central banksMajor markets in Asia and Europe rose on Tuesday after Donald Trump and Kim Jong Un held a historic summit, while investors look ahead to key policy meetings at the Federal Reserve and European Centra...
PSX posts steep fall follwoing rupee devaluation, hike in POL pricesKarachi: Pakistan stocks posted steepest fall on Tuesday since May 14, 2018, following 4 percent of devaluation of Pak Rupee against US$ which failed to entice investors. The benchmark KSE 100 index...
UK workers still await wage bounce despite jobs boomBritish wage growth remains sluggish despite another surge in job creation, official data showed on Tuesday, leaving the Bank of England still waiting for a clear sign that the economy is ready for hi...
LCCI demands caretakers to withdraw POL price hikeKARACHI: President, Lasbela Chamber of Commerce and Industry (LCCI), Yakoob Karim while condemning the unjust increase in petroleum prices, said that caretaker government has no mandate to make a deci...
SECP notifies regulations for non-profit associationISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified the Associations with Charitable and Not for Profit Objects Regulations, 2018. The regulations specify procedure for g...
Buyers remain eager for better grades during trading at lint marketKARACHI: Buying on lint market remained selective on grade issue and buyers at major stations in Sindh and Punjab stations remained eager for better grades of lint. Majority of buyers made deals for s...
Greenback remains strong in value versus domestic unitKARACHI: The US dollar closed strong in value versus rupee in interbank and open market, said treasurers. However State Bank of Pakistan kept eye to control over outflow of greenback for import paymen...
Yellow metal price remains firm on hedging, Gold FuturesKARACHI: The gold price in global and domestic market remained firm on physical buying amid improved Gold Future speculations and hedging however volumes were traded in moderate number, metal traders...