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Saturday 25, May 2013

 
 
 
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Stock market hits another historic high, index leaps again
Market | 21st May 13

KARACHI: The Karachi Stock market hit another historic high as the bench mark 100 index crossed three physical barriers and...

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Government to ban above 1000cc vehicles from using CNG
 | 21st May 13

ISLAMABAD: Prime Minister Justice (R) Mir Hazara Khan Khoso Tuesday directed that no CNG filling station to fill CNG in...

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China seriously considers trade imbalance with Pakistan: Li
Economy | 21st May 13

ISLAMABAD: Chinese Premier Li Kiqiang has said that China takes its trade imbalance with Pakistan seriously and is taking measures...

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FBR recommends federal budget
 | 21st May 13

ISLAMABAD: The caretaker setup has been recommended by the Federal Board of Revenue (FBR) to announce the federal budget for...

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Karachi Stock Exchange closes higher; rupee strengthens
Market | 20th May 13

KARACHI: Foreign bulls Monday catapulted Karachi Stock Exchange (KSE) above 20,800 mark, a massive rally wherein the benchmark index of...

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PSO’s fuel smart cards to greatly facilitate customers
 | 20th May 13

ISLAMABAD: The state-run oil marketing company Pakistan State Oil’s (PSO) initiative to introduce chip-based smart cards would go a long...

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PSO launches Fuel Smart Cards
Economy | 19th May 13

KARACHI:  The Pakistan State Oil (PSO) has launched what it  termed as `Fuel Smart Cards’. A pompous ceremony to this...

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Gold posts worst fall since March 2009
Market | 18th May 13

SINGAPORE: Gold has dipped for a seventh straight session, in its longest losing streak since March 2009, as the dollar...

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Toyota becomes Asia’s biggest firm by market value
Market | 16th May 13

TOKYO: Toyota has accelerated past South Korea’s Samsung Electronics to become Asia’s biggest company by market value, after the Japanese...

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Coca-Cola ‘recipe’ finds teen buyer – at $15 million
Market | 16th May 13

WASHINGTON: What could be a World War II era recipe for Coca-Cola’s secret formula found a buyer on eBay —...

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Top Stories - Business
 
ISLAMABAD: The Diamer Bhasha Dam project is a “life-line” for national economy which would...
 
 
India’s Jet Airways shareholders approve Etihad deal MUMBAI: Shareholders of India’s Jet Airways on Friday approved a deal in which Abu Dhabi-based...
 
 
Asian markets mixed in volatile trade HONG KONG: Asian markets were mixed Friday in rollercoaster trade after routs sparked in part...
 
 
Boost in trade can strengthen Pak-China friendship BEIJING: To commensurate with strong political and military ties, economic and trade cooperation between China...
 
 
PML-N asked to reform SBP, PSEs and SECP for economic revival KARACHI: Prominent businessman and former vice-president of FPCCI, Engineer Daroo Khan Achakzai has recommended to...
 
 
CNG stations will remain closed on May 23 for 48 hours in Sindh KARACHI:  Sui Southern Gas Company (SSGC) management has rescheduled the CNG closure programmed for current...
 
 
 
Economy
JPMorgan shareholders urged to reject three directors
5th May 2013
JPMorgan Chase & Co shareholders should vote against the re-election of three board members because they failed to properly oversee risk-taking that led to $6.2 billion of losses on the so-called “London Whale” trades, an influential proxy advisory...
 
 
 
 
 
 
 
Commodities
Trade opportunities: Pakistani carpets intrigue international buyers
2nd April 2013
SHANGHAI: Carpet buyers from around the world thronged the Pakistan pavilion set up at an international fair held last week in Shanghai. The DOMOTEX Asia/CHINAFLOOR, took place from the March 26-28 at the Shanghai New International Exhibition Centre...
 
 
 
 
 
 
 
Market
Gold holds near 2-week high; equities cap gains
6th May 2013
SINGAPORE: Gold neared its highest level in more than two weeks on Monday, but gains may be capped by a rally in equity markets and promising US jobs data that dampened speculation the Federal Reserve may boost monetary...
 
 
 
 
 
 
 
 
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