Wednesday, August 21, 2019
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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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Latest News

British PM criticized with letter to EU backstop regulation

The British Prime Minister Boris Johnson, in a letter to EU Council President Donald Tusk, he has again attempted...
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Trump calls on Apple to leave China

US President Donald Trump on Tuesday urged Apple to leave China. Trump said during a meeting with Romanian President Klaus Johannis that if he had...

Renewable energy can bring billions of dollars in Midwest and Great Lakes region

Applying current renewable energy standards, ten states in the Midwest and the Great Lakes region of the United States can achieve $ 4.7 billion...

Pompeo: America will intervene if Iranian tanker supply oil to Syria

US Secretary of State Mike Pompeo said on Tuesday that the United States will take all possible measures to prevent an Iranian tanker from...

German police freezes explosives seller website

German police has shut down explosives seller website. Around 1,000 police officers raided Tuesday in Germany, Lithuania and Croatia as part of a cybercrime...