Apple shares drop on iPhone 8 demand worries
Apple Inc’s shares fell 1.5 percent in premarket trading on Thursday on growing concerns about muted demand for the...
FBR fixes 30 to 50 pc regulator duties on sports products
The Federal Board of Revenue has levied regulatory duty on import of various sports products, ranging from 30 percent...
Finance Division directed to work with WB to ensure correct economic reporting
Finance Minister, Senator Muhamamd Ishaq Dar has directed the Finance Division to proactively work with the World Bank (WB)...
KSE100 Index end lower on Tuesday
On Tuesday, KSE 100 index closed at 25,559.61 points. The market was down by 214.20 points (0.83%). During the day investors mainly focused on mid caped stocks. OGDC did well than as it was forecasted in December quarter . On Tuesday closing, OGDC fell to R.s 262 (0.67%) while Engro was... Read more
Hyderabad Chamber of Commerce & Industry has demanded the authorities concerned to get industrial plots and coal mines belonging to influential people of Jamshoro District retrieved from illegal occupation. Abdul Qayoom Nusrat, Vice Chairman of Law and Order maintained that efforts of the HCCI to attract foreign investment in... Read more
WhatsApp, top deal of the past 10 years
WhatApp deal is considered “The world’s top deal over a decade”.  The deal was sealed on February 19 between Chief Executive Mark Zuckerberg and WhatsApp’s founder Jan Koum. Read more
HSBC to announce bonuses totaling $4 billion: report
Reuters – HSBC will announce staff bonuses totaling just under 2.4 billion pounds ($4 billion) globally for 2013 and is expected to report a significant rise in pretax profit, Sky News reported on its website on Saturday without citing its sources. Referring to an unnamed source close to the... Read more
India – PK trade negotiations
In Pakistan several lobbies have become all of a sudden quite active and vocal about the India – Pakistan Trade negotiations. Despite the productive meeting between the two commerce ministers in New Delhi  and a successful visit of Mian Shahbaz Sharif the negotiations have once again gone off the track.... Read more
KSE closed higher on Friday
KSE  on Friday closed higher. The KSE 100  index of rising 96.55 points to 25,603.35. The rise took place after uncertainty  peace talks crumbled between the Pak. Govt and TTP. Read more
3G and 4G  auctions will take place in April – Dar
Finance Minister confirmed that auctions for 3G and 4G license will take place in April 2014. The 3G and G4 license will cost $295 million and cost $210 million respectively. Read more
Most Influential Women
Forbes Magazine listed the world’s 100 most powerful women and making big impact in the business world. The list topped by Mary Barra (CEO General Motors) Read more
Mixed oil prices in Asia trade
On Friday the oil prices remained mixed in Asian trade as dealers showed their concerns at  the Chinese economy which is losing strength against the US stockpiles figures. The analysts believe that the US benchmark WTI (West Texas Intermediate) for April eased one cent to $102.74 in mid-morning trade,... Read more
PMI index points of China fell 48.3 in Feb – 2014
The PMI for China’s manufacturing industry fell to 48.3 points in February which is the second consecutive monthly drop after a final reading of 49.5 points in January, British bank HSBC said Thursday. The PMI index for China tracks manufacturing activity in factories and workshops, and a reading below... Read more
Japan’s easy money policy
Japan prime minister’s  policies have produced disappointing growth numbers for 2013. The figures  published for Q4, revealed lower than expected private consumption, business investment and shipping. The actual growth was just 0.3%, instead of a forecast 0.7%. The sales tax increasing in April, most economist expect a spike in private... Read more
Pakistani stocks shed 427 points
Most of Punjab to remain without gas for at least 48 hours: SNGPL