Friday, February 21, 2020

PK-Economy

Pakistan reduces POL prices to Rs4.86 a litre

The government of Pakistan reduced the prices of petroleum products for the month of January 2019. The price of petrol has been reduced by Rs 4.86 per liters, announced on Monday. Notification issued stated that the price of petrol and...

Pakistan’s equity market fails to attract investor’s confidence on political scenario

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) continued its bearish trend from last week and continued traded in the red this week. Announcement of USD 3bn deposit from the UAE last Friday failed to ignite confidence in...

FPCCI Elections 2019: Historic victory of UBG with clean margin

KARACHI: This year United Business Group (UBG) have won the elections of FPCCI again with historic margin and snatched the seats including President, Senior Vice President and the VPs on Friday. This was consecutive fifth year success of...

Pakistan’s foreign exchange reserves depletes by $567 million to $14.017.8 billion

KARACHI: The foreign exchange reserves of the country depleted by $567 million to $14.017.8 billion by week ended December 27 as compared with $14.584 billion in the preceding week, State Bank of Pakistan (SBP) said on Thursday. The...

Statement surfaced after the raid of FIA, regulator to assist LEAs: SECP

After the raid by Federal Investigation Agency (FIA) on Wednesday, the Securities and Exchange Commission of Pakistan in a latest statement issued today says that the SECP shall continue to extend complete cooperation to law enforcement agencies (LEAs) for...

Equity market sheds 86 points on investors’ dull interest

KARACHI: KSE-100 index of Pakistan Stock Exchange (PSX) shed 86 points on Wednesday due to investor's dull interest. The benchmark KSE-100 index closed at 38,223 points as against 38,309 points showing a decline of 86 points. Analysts at Arif Habib...

Latest News

Reports of Russian intervention supporting Trump in the US 2020 elections

Informed sources reported that Shelby Pearson, the chief election security official in US intelligence, had warned lawmakers that Russian...

China: Corona virus death toll rises to 2239, and 75,567 infections

China’s National Health Committee announced on Friday that it has received reports of 889 new confirmed cases of the new Corona virus, and 118...

Confirmed Coronavirus cases in Japan increased to 621

The Japanese authorities announced the registration of 79 new confirmed cases of coronavirus on the ship "Diamond Princess", bringing the number of confirmed cases...

A major reshuffle in the British Government

Several British government ministers have been fired in a drastic reshuffle by Prime Minister Boris Johnson. The list includes the names of: Sajid Javid,...

Canadian Prime Minister chairs a meeting to discuss Coronavirus

Canadian Prime Minister Justin Trudeau has convened an Incident Response Team meeting to discuss progress in the Canadian government’s response to the new Corona...