Euro suffers fresh losses in Asia as Italy faces political crisisThe euro extended losses in Asian trade Tuesday as political uncertainty in Italy stoked fresh fears about the eurozone. Italy, one of the European Union's biggest economies, has been plunged into cri...
Pakistan equities close in green as value investors step inKARACHI: Pakistan equities witnessed recovery on Tuesday as value investors took the opportunity to buy stocks at attractive prices. Benchmark KSE-100 index made an intraday high of 529 points to clos...
Pakistan diluted proposed tobacco health warnings after Philip Morris, BAT lobbyingPhilip Morris International Inc and British American Tobacco Plc lobbied Pakistan's government to not implement bigger health warnings on cigarette packs, in what officials say was part of an industry...
ICCI to hold BoC in Istanbul to improve Pak-Turkey bilateral tradeISLAMABAD: President, Islamabad Chamber of Commerce & Industry, Sheikh Amir Waheed hosted an Iftar Dinner at his residence which was attended by ?hsan Mustafa Yurdakul. M. Naveed Malik Senior Vice...
Yellow metal price retains value on speculation, short-term dealsKARACHI: Domestic and international gold prices averted any fall in value after short period buying on Gold Futures speculation on short and long term investment, metal traders said. Yellow metal clos...
Cotton trading remains selective on general price adjustmentKARACHI: Trading remained grade selective while buyers made deals for better grades of lint on sellers' asking price amid firm spot rate. Volumes remained thin, traders said. Forward deals also change...
Greenback closes flat in value versus domestic unitKARACHI: The greenback closed flat in value versus rupee on dull demand from corporate sector in interbank and ended firm in open market. The policy of commercial banks to release greenback demand to...