Global shares bound higher as Fed meeting nears, dollar firms
[Reuters] 18 Jun, 2013
LONDON (Reuters) - The dollar edged up against the yen and euro while European and Asian shares recouped a large slice of last week's losses on M ...
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Karachi ports handle 276,074 tons of cargo
[The News] 18 Jun, 2013
The Karachi Port and Port Qasim handled a cargo volume of 276,074 tons in the last 24 hours, which included 187,050 tons of imports and 89,024 tons of
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KSE sheds 325 points on correction
[The News] 18 Jun, 2013
The Karachi Stock Exchange 100-Index on Monday underwent correction for a second consecutive session, shedding 325 points on profit-taking across the
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Japanese PM Abes true test; rising govt bond yields
[The News] 18 Jun, 2013
TOKYO: Abenomics massive monetary stimulus was supposed to depress long-term interest rates to spur economic activity, but the Japanese government bo
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Cotton ginning begins
[The News] 18 Jun, 2013
LAHORE: Cotton ginning has started in the country with the arrival of cotton in the province of Sindh.
A cotton ginning factory in Shahdadpur, San
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Waste firm to be bought for $1.26bn
[The News] 18 Jun, 2013
HONG KONG: Cheung Kong (Holdings) Ltd, controlled by Asia s richest man Li Ka-shing, said it will buy Dutch waste processing firm RAV Water Treatment
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Govt, IPPs closer to deal on late payments
[The News] 18 Jun, 2013
LAHORE: The government and independent power producers (IPPs) are likely to reach a give and take deal to overcome their current payments crisis.
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KCCI demands budget review
[The News] 18 Jun, 2013
KARACHI: The Karachi Chamber of Commerce and Industry has asked the federal government to review the budget and repeal measures taken in it which are
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Bangladesh-US trade deal
[The News] 18 Jun, 2013
DHAKA: Bangladesh on Monday approved a trade agreement with the United States as it comes under intense pressure from Washington to improve labour rig
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Revised Trade Policy by end of July
[The News] 18 Jun, 2013
KARACHI: Dissatisfied with the Pakistan Peoples Party (PPP) framed trade policy, the PML-N government has initiated seeking input of the business comm
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LNG scam book to be launched
[The News] 18 Jun, 2013
ISLAMABAD: The proclaimed LNG scam a treatise in perspective, written by G. A. Sabri, retired secretary petroleum and chairman of the Price Negot
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US shale benefits Asian market
[The News] 18 Jun, 2013
LONDON: Even without a relaxation of the ban on US crude oil exports, the ripples of the shale revolution have already reached Asia.Nowhere is that mo
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Current account posts $1.95bn deficit
[The News] 18 Jun, 2013
KARACHI: Pakistan ran up a current account deficit of $1.952 billion in 11 months (July-May) of the current fiscal year due to heavy external debt rep
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Nepra tariff for hydel projects
[The News] 18 Jun, 2013
KARACHI: The National Electric Power Regulatory (Nepra) has initiated proceedings for development and determination of the upfront tariff for electric
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Banks face shortage of small-denomination currency notes
[The News] 18 Jun, 2013
KARACHI: Most commercial banks face acute shortage of used and fresh small-denomination currency notes, a survey conducted by The News revealed.
T
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Tax in urban areas increased
[The News] 18 Jun, 2013
KARACHI: Taxation on services and property in urban Sindh has been increased by the Sindh government in its budget annoucement on Monday.
The gover
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Turkish firm Karkey files $700m claim on Pakistan
[The News] 18 Jun, 2013
ISLAMABAD: A Turkish power generation company has filed a case against the Pakistan government for compensation of losses worth 700 million dollars, o
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Sindh govt earmarks Rs185bn for development projects
[The News] 18 Jun, 2013
KARACHI: The Sindh government on Monday allocated Rs185 billion to the Annual Development Programme (ADP) for the next fiscal year 2013-14, which was
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