Business

Business

Cotton prices rise slightly

Multan: The cotton market remained stable on Monday amid slight increase in prices. The Karachi Cotton Association (KCA), however, revised…

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Dar signs AIIB articles of agreement for Pakistan

Beijing: President Xi Jinping said on Monday the signing of the Asian Infrastructure Investment Bank (AIIB) agreement is a historic…

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Rising asset quality concerns for NBP

As the broader banking industry has only recently started recovering from the loan losses ‘that arose following the global economic…

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Aptma decides to shut textile mills

Lahore: The Chairman of the All Pakistan Textile Mills Association, Mr S.M. Tanveer, said on Sunday that the association had…

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Dollar inflows stabilise rupee

Ample dollar supply in the local currency market was said to have stabilised the rupee last week. The country’s forex…

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Govt raises Rs89.6bn from T-bills

The government raised Rs89.569bn from the auction of Treasury bills of various tenors on June 24. A slight rise in…

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HSBC Bank Oman agrees to sell Pakistan business to Meezan Bank

Dubai: HSBC Bank Oman has agreed to sell its banking business in Pakistan to Meezan Bank , a sharia-compliant Pakistani…

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Exports again fall short of target

Islamabad: Pakistan’s export of merchandise fell short of target by over $2.8 billion in the outgoing fiscal year. It was…

5 Min Read

Index plunges by 193 points on foreign selling

Karachi: Stocks drifted lower for the third consecutive day on Friday on account of unabated foreign selling, with the KSE-100…

2 Min Read