Business

Business

Stock index drops ahead of monetary policy

KARACHI: Stocks turned weak yesterday as trading activity dragged along with investors awaiting the State Bank of Pakistan (SBP) Monetary…

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KASB Bank placed under six-month moratorium

The State Bank yesterday put a six-month moratorium on KASB Bank, allowing only small depositors to withdraw their money. The…

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The PM’s China visit

The prime minister’s recent visit to China meant a lot of agreements and contracts between the two sides. The bulk…

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Gold rises above $1,160/oz

Gold edged higher yesterday as a softer tone to the dollar helped to support prices, though continued outflows from bullion-backed…

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Cotton prices come under pressure again

Cotton prices came under pressure yesterday influenced by falling world cotton prices because of higher production forecast by almost all…

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Fed. minister Sikandar Bosan stresses private sector role in seed supply

Addressing the National Seed Policy Workshop, Sikandar Hayat Khan Bosan said that the Seed (Amendment) Bill 2014 had already been…

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Remittances jump up to $6bn

Pakistan received over $6 billion as remittances in the first four months of the current fiscal year, the State Bank…

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Reserves plummet to $13.267bn

The total liquid foreign exchange reserves of the country fell to $13.267 billion during the week ending on Nov 7…

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Export of services witnesses growth spurt

Pakistan’s export of services witnessed a growth of 72.53 per cent in the first quarter of the current fiscal year…

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