Saturday, October 19, 2019

PK-CPEC

KSE-100 recovers 127 points on financial year end despite PKR uncertainty

Last trading day of the financial year ended positively with +127pts (unadjusted), although the day’s oscillation from +162pts to -365pts, left the investors with a bit of anxiety. Adding to this anxiety was also the decline in Rupee parity...

State Bank updates FE and EC manuals

State Bank of Pakistan has updated foreign exchange and exchange companies’ manuals to facilitate stakeholders including banks, exchange companies, B-category exchange companies, exporters, importers, travel agents and carriers. Updation of the manuals is done to provide related rules/regulations at one...

Mini Budget renamed as ‘Economic Reform Package’ to announce on Jan 23

Federal government after the criticism from various corners has decided to rename the pressure builder mini budget as “Economic Reform Package”, Source confirmed. The ingredients of the half a budget would be the same as prepared. On the advice...

ECC to meet on Five-point agenda today

The meeting of Economic Coordination Committee will be held today. Finance Minister Asad Umar will the meeting. The committee will discuss the issues pertaining to power plant in Gwadar, Wapda, Gas supply to the power plants, Exports and Imports...

KSE 100 scores 363 points on CGT relief hint

The benchmark KSE-100 of Pakistan Stock Exchange rose to 363.47 points or 0.93% closed at 39,412 on Monday.  Market had a positive start of the week, on the back of budgetary measures adopted by the Government due to be...

Latest News

Does Turkey get what Erdogan wants?

Turkey had long vainly campaigned for the establishment of a "security zone" along its border with Syria. The agreement...

Scientists propose a new type of battery operated by artificial crystals

Scientists of the University of St. Petersburg, together with their foreign colleagues, have proposed a new type of battery operated by artificial crystals, an...

Olaf Schulz: Facebook’s Libra cryptocurrency should be banned

German Finance Minister Olaf Schulz on Friday renewed his criticism of Facebook's plans to launch its cryptocurrencies, Libra, and said a new world currency...

The British royal couple brought back memories of Princess Diana in Pakistan

The Duchess of Cambridge, Kate Middleton spoke with CNN in Lahore, Pakistan on Thursday, where the royal couple were visiting a village SOS for...

Johnson: We have a great new deal that puts us in control

Boris Johnson said on twitter: "We have a great new deal that puts us in control, now Parliament should finish Brexit on Saturday, so...