Asian dealers cautious with eye on trade talks, geopoliticsAsian traders were biding their time in early trade on Thursday as a healthy lead from Wall Street was tempered by geopolitical concerns and caution ahead of high-level China-US trade talks. All three...
Pakistan equities continue to extend losses, index down by 431 pointsKarachi: Downward journey of Pakistan equities continues as benchmark KSE 100 further slipped by 1 percent or 431 points amid slow trading activity on start of holy month of Ramadhan. Market opened si...
New rules on ship emissions herald sea change for oil marketNew rules coming into force from 2020 to curb pollution produced by the world's ships are worrying everyone from OPEC oil producers to bunker fuel sellers and shipping companies. The regulations will...
Mango export from Pakistan to start from May 20Karachi: The export of mango from Pakistan would commence from 20th May 2018 during the current season of mango while the export target of mango has been set as 100,000 metric tons. The production of...
Yellow metal price regains on speculation, short-term dealsKARACHI: Domestic and international gold prices averted further fall in value after short period buying on Gold Futures speculation on short and long term investment, metal traders said. Yellow metal...
CCP imposes penalty on food company for copying National Food’s logoKARACHI: The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs 5 million on Shainal Al-Syed Foods Limited for violating Section 10 of the Competition Act, 2010. National Foods Limit...
SBP renews status of JCR-VIS, PACRAKARACHI: State Bank of Pakistan has renewed status of credit rating agencies JCR-VIS Credit Rating Company Limited (JCR-VIS) and Pakistan Credit Rating Agency Limited (PACRA) operating in Pakistan as...
Trading at cotton market remains moderate amid firm physical pricesKARACHI: The lint prices stood firm during moderate trading session. Around 1,800 bales changed hands. The Karachi Cotton Association (KCA) spot rate remained intact at Rs 7,400 per maund with forward...
Dollar remains flat in value versus rupeeKARACHI: The rupee showing a mixed trend against dollar during interbank trading resisted its decline due to dull payments activities by commercial banks. The US currency, closed flat at 115.50 versus...