Business

Business

Stocks gain 63 points on foreign buying

After taking a break on Tuesday, the stocks continued to rise on Wednesday with the KSE-100 index adding 63.34 points…

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IMF cuts US growth forecast to 1.7pc after harsh winter

The International Monetary Fund on Wednesday lowered its US economic growth forecast for 2014 after severe winter weather in the…

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Mufti Ehsanul Haq of Modaraba scam fame to face NAB reference

The National Accountability Bureau (NAB) will file a supplementary reference next week against the main character of a Modaraba scam…

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Foreign investors may be allowed to trade in the Saudi Stock market

Foreigners would soon be allowed to trade on the Arab world’s biggest bourse — the Saudi stock market. The Saudi…

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Exports to Afghanistan fall over 9%

Exports to Afghanistan dropped by around nine per cent in the first half (July-December) of 2013-14 compared with the year-ago…

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ATM services show no signs of improvement

With customers facing multiple problems when using Automated Teller Machines (ATMs), the State Bank yesterday directed banks to improve the…

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Financial institutions hit by rogue phone app

More than 30 financial institutions in six countries have been defrauded by sophisticated criminal software that convinces bank customers to…

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KSE-100 index goes down slightly by 11.14 points

After a blistering rally that started last week, the stocks took a pause on Tuesday with the KSE-100 index slightly…

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Oriental and occidental firms bid for UAE’s biggest oilfields

 Asian and western firms have bid to help operate the UAE’s biggest oilfields after a deal with oil majors expired…

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