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Chinese Premier heads to Pakistan to boost trade

Added on: December 17th, 2010

Category: International

Chinese Premier Wen Jiabao arrives in Pakistan on Friday for a three-day visit aimed at boosting trade and investment by finalising 20 billion dollars worth of deals. (more…)  Read More →

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SBP mops up Rs 26,000 mln

Added on: October 1st, 2010

Category: Business

KARACHI: State Bank of Pakistan on Friday mopped up Rs 26,000 million during its Open Market Operation under Repo Sale contract of Government of Pakistan MarketTreasury Bills. The bids offered for 6-day... (more...)

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Pak foreign reserves rise to $ 16.7889 bln

Added on: September 30th, 2010

Category: Business

KARACHI: Pakistan’s total liquid foreign reserves rose to dollars 16.7889 billion, said statement issued by State Bank of Pakistan here on Thursday. On Sept. 24, 2010 the foreign reserves held by... (more...)

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Arif Habib Investment declares bonus

Added on: September 28th, 2010

Category: Business

KARACHI: Arif Habib Investment Ltd. has declared  a bonus of Rs 0.40 per unit or 0.79 percent on Pakistan Income Enhancement Fund (PIEF) on opening NAV of August 25. According to a communique despatched... (more...)

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KSE chief says still has reservations over MTS

Added on: September 28th, 2010

Category: Business

ISLAMABAD: Karachi Stock Exchange (KSE) Chairman Zubair Soomro said on Monday the objections raised over Margin Trading System (MTS) have not been removed Talking to a private TV channel, Chairman KSE... (more...)

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Rates for conversion of FCD, DBC/FCBC, US dollar bonds

Added on: September 28th, 2010

Category: Business

KARACHI: The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S. Dollar Bonds and... (more...)

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Hong Kong stocks close 0.11 percent higher

Added on: September 21st, 2010

Category: Business

HONG KONG: Hong Kong shares on Tuesday jumped 0.11 percent, and past the 22,000 barrier for the first time since April, ahead of a key meeting of the US Federal Reserve later in the day. The benchmark... (more...)

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Gold reaches new high at Rs 34,928

Added on: September 21st, 2010

Category: Business

KARACHI: Gold moved up by Rs 43 to touch new high at Rs 34,928 per 10 grams in local bullion market Tuesday, as its international price also improved to $1,281 an ounce, market sources said. A leading... (more...)

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ISE-10 index witnesses bearish trends

Added on: September 15th, 2010

Category: Business

ISLAMABAD: Islamabad Stock Exchange witnessed bearish trends here on Wednesday, as the ISE-10 index was down by 14.86 points to close at 2591.08 in today’s trading. A total of 181,175 shares were... (more...)

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Euro inflation retreats to 1.6 percent in August: EU

Added on: September 15th, 2010

Category: Business

BRUSSELS: Inflation across the 16-nation eurozone retreated to 1.6 percent in August, having hit a near two-year high in the summer, new European Union data confirmed on Wednesday. The 12-month rate slipped... (more...)

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