With reference to a news item that appeared in a section of press yesterday, Wamiq A. Zuberi of Business Recorder and his wife Rukhsana Zuberi (not former Senator Rukhsana Zuberi who was wrongly mentioned in that news item as his wife) have clarifi
With reference to a news item that appeared in a section of press yesterday, Wamiq A. Zuberi of Business Recorder and his wife Rukhsana Zuberi (not former Senator Rukhsana Zuberi who was wrongly mentioned in that news item as his wife) have clarifi
The government on Monday introduced "The Public Private Partnership Authority Bill, 2016" in the National Assembly for promoting domestic and foreign private investment in infrastructure and transparent and fair procurement process for economic developmen
The government on Monday introduced "The Public Private Partnership Authority Bill, 2016" in the National Assembly for promoting domestic and foreign private investment in infrastructure and transparent and fair procurement process for economic developmen
The government on Monday introduced "The Public Private Partnership Authority Bill, 2016" in the National Assembly for promoting domestic and foreign private investment in infrastructure and transparent and fair procurement process for economic developmen
The Panama Papers revealing offshore secrets of the wealthy is really the result of a behind-the-scenes fight of big global powers, Panama's president said on Monday. "It looks like internal politics and differences between the big powers is playing a rol
The Panama Papers revealing offshore secrets of the wealthy is really the result of a behind-the-scenes fight of big global powers, Panama's president said on Monday. "It looks like internal politics and differences between the big powers is playing a rol
The joint opposition staged a walkout from the National Assembly on Monday, saying they would not participate in the proceedings until Prime Minister Nawaz Sharif comes to the House to explain his position on the Panama papers.
The joint opposition staged a walkout from the National Assembly on Monday, saying they would not participate in the proceedings until Prime Minister Nawaz Sharif comes to the House to explain his position on the Panama papers.
The International Consortium of Investigative Journalists on Monday published online detailed data from the Panama Papers trove on more than 200,000 secret offshore companies. The searchable database built on just a portion of the documents leaked from th
The International Consortium of Investigative Journalists on Monday published online detailed data from the Panama Papers trove on more than 200,000 secret offshore companies. The searchable database built on just a portion of the documents leaked from th
Ministry of Finance has reportedly employed a "discriminatory" approach in negotiating the rate of interest on a Rs 50 billion loan with commercial banks - Rs 25 billion for Wapda and the same amount for Power Holding Private Limited (PHPL) to be paid by
Ministry of Finance has reportedly employed a "discriminatory" approach in negotiating the rate of interest on a Rs 50 billion loan with commercial banks - Rs 25 billion for Wapda and the same amount for Power Holding Private Limited (PHPL) to be paid by
Ministry of Finance has reportedly employed a "discriminatory" approach in negotiating the rate of interest on a Rs 50 billion loan with commercial banks - Rs 25 billion for Wapda and the same amount for Power Holding Private Limited (PHPL) to be paid by
On Monday, BRIndex30 opened at 22,020.35 points and remained positive throughout the trading session. It touched an intraday high of 22,196.16 points and an intraday low of 22,020.35 points and closed at 22,125.72 points which was 105.37 points or 0.48 pe
On Monday, BRIndex30 opened at 22,020.35 points and remained positive throughout the trading session. It touched an intraday high of 22,196.16 points and an intraday low of 22,020.35 points and closed at 22,125.72 points which was 105.37 points or 0.48 pe
Stocks Monday ended 0.73 percent higher at all-time high of 36,235 on the back of bull-run in global equities and crude oil prices. The benchmark KSE-100 index added 261 points to Friday''s 35,974 points which proved to be the day''s lowest level. The obs
Stocks Monday ended 0.73 percent higher at all-time high of 36,235 on the back of bull-run in global equities and crude oil prices. The benchmark KSE-100 index added 261 points to Friday's 35,974 points which proved to be the day's lowest level. The obser
Stocks Monday ended 0.73 percent higher at all-time high of 36,235 on the back of bull-run in global equities and crude oil prices. The benchmark KSE-100 index added 261 points to Friday's 35,974 points which proved to be the day's lowest level. The obser
The government has raised the issue of F-16 aircraft and expressed its concern with the commander of US Central Command (Centcom) General Joseph Votel in a meeting held here on Monday. Pakistan and the US shared their resolve to further enhance existing d
The government has raised the issue of F-16 aircraft and expressed its concern with the commander of US Central Command (Centcom) General Joseph Votel in a meeting held here on Monday. Pakistan and the US shared their resolve to further enhance existing d
Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Hot and dry weather last week in most of Ivory Coast's main cocoa regions hurt the trees needed to ensure abundant beans of good quality during the last stage of the mid-crop, farmers said on Monday. The mid-crop in Ivory Coast, the world's top cocoa prod
US natural gas futures edged higher on Friday but ended down about 4 percent for the week as seasonal forecasts called for little heating or cooling demand through late May. Front-month gas futures for June delivery on the New York Mercantile Exchange ros
A bounce in US wheat prices, strong support on price charts and brisk export demand all contributed to European wheat futures recovering on Friday from a two-week low. A flow of French shipments to Morocco and hopes that German and Polish wheat would get
Deliveries were unchanged on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The May vaida closed at Rs 2046.90 and it opened with no change in morning session, they said. The July vaida settled at Rs 2048.50 it a
The rates were sharply down in line with the global track in the process of trading on the cotton market on Monday, dealers said. The official spot rate was down by Rs 100 to Rs 5,550 dealers said. In the Punjab, prices showed no change at Rs 3100 and Rs
Indian oilseeds and soyaoil futures rose on Monday on wedding season demand and tracking gains in Malaysian palm oil. Malaysian benchmark palm oil futures rose, supported by improved demand and forecasts that stockpiles would drop on falling production ah
Export premiums for corn were steady to firm at the US Gulf Coast on Friday, supported by expectations for stronger global demand next week as some Asian traders returned from holiday, traders said. Some buyers were away on holiday this week, including Go
Prices moved both ways on the wholesale grain market on Monday in the process of modest trading, dealers added. On the cereals side, Makai after maintaining a stable trend, managed to Rs 125 to Rs 3125 and Rs 3250, Moong Punjab and Moog Afghan, however, l
On Friday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 7,995 million and the number of lots traded was 26.94 million. PMEX Commodity Index closed at 2,839. Major business was contributed by gold amounting to PKR 6,833 million followed by
China's corn production in 2016 is expected to decline 2.9 percent from last year to 218 million tonnes, as farmers in the north-east are expected to switch crops, a state-backed think tank said on Monday. China decided in March to end a corn stockpiling
Coconut oil prices on the European vegetable oil market were sharply lower on Friday as the market retreated further from highs set a month ago. Dealers said the market was struggling to find buyers, with demand curtailed by a strong run-up in prices link
The Karachi Port handled 224,595 tonnes of cargo comprising 158,386 tonnes of import cargo and 66,209 tonnes of export cargo including 7,436 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 158
US wheat futures firmed on Friday, closing marginally higher on a round of end-of-week short-covering, traders said. For the week, the most actively-traded Chicago Board of Trade July soft red winter wheat contract closed down 5.1 percent. It marked the b
The US factory sector appears to be stabilising after a long and painful slide, but not when it comes to jobs. You might not hear that from Washington, where the latest job report for April showed factories added 4,000 positions and other measures suggest
German industrial orders rose more than expected in March and the International Monetary Fund said on Monday it was "a bit more optimistic" about the outlook for Europe's largest economy, which is heading into the second quarter on a solid footing.
Greece and its EU-IMF creditors will reach a deal to release the next tranche of its 86-billion-euro bailout "in the coming days", said a senior EU official on Monday after talks in Brussels. "Staff level agreement to be finalised in coming days, includin
Greek lawmakers adopted a controversial package of pension cuts and tax hikes as eurozone finance ministers geared up for an emergency meeting Monday to hammer out fresh reforms for Athens to stave off another eurozone crisis. The ministers are expected t
Newspaper publisher Tribune Publishing Co said its board had adopted a shareholder rights plan - popularly known as a "poison pill" - in a bid to thwart Gannett Co Inc's unsolicited take-over offer. Tribune shares fell nearly 6 percent in morning trading