Monday, December 16, 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...

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The pioneers of social media circulated a number of snapshots of the earthquake that struck the southern Philippine on...

14-year old Florida boy brutally beaten on wearing MAGA HAT

14- year old boy brutally beaten on wearing MAGA HAT. It appears that political differences have blinded some, lost their senses, and made them...

UK election official results: Conservative party bags 364 seats, Johnson gets another term as PM

UK Election: Conservative party led by the Prime Minister Boris Johnson won achieved the victory after fetching 364 seats in their bag, the opponent...

Clint Eastwood has been misunderstood by reporters

Richard Jewell, latest film directed by Clint Eastwood, has been hit with heavy criticism ahead of its release. Eastwood's Oscar-winning actress was at the...

India: Multicultural country forced under the Hindu blanket

Seems to pass a week in which it does not come in India to mass protests. But the riots in the states of Assam...