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1. C/A deficit rises to $2bn
(Highlights/Business News)
... external obligations. Over $2bn deficit means zero impact of borrowing of $2bn through Eurobond. During Jan-March, the deficit was $416 million while in the previous quarter of October-December it ...
Friday, 18 April 2014
2. Bulls go wild; index crosses 29,000-level
(Highlights/Business News)
...  issued $2bn Eurobonds and news of World Bank to provide $10bn to the country for development projects over the next five years were sentiment boosters. Analyst Samar Iqbal stated that market continue ...
Saturday, 12 April 2014
3. Food companies add value to exports
(Highlights/Business News)
... etter packaging; increased sales to the Middle East, China, Europe, Africa and Central Asia; growth in exports of par-boiled and brown rice; and better overseas marketing by leading food companies  ...
Monday, 07 April 2014
... warning came a day after Pakistan's oil minister, Shahid Khaqan Abbasi, said work on the pipeline was not possible because of sanctions imposed by the United States and the European Union on Tehran over ...
Thursday, 27 February 2014
... .10 per cent or 4.13 points to 4,263.41. On currency markets, the dollar stood at 102.35 yen in afternoon trade in Asia, down from 102.49 yen in New York Friday. The euro was at $1.3765 and 14 ...
Monday, 24 February 2014
6. Pakistan, Afghanistan to enhance trade ties
(Highlights/Business News)
Monday, 24 February 2014
7. Market potential for Kinnow in Europe
(Highlights/Business News)
The European Union is one of the most attractive markets for Pakistani fruits and vegetables because of its size and the paying capacity of its consumers. Within the EU, Germany, United Kingdom, ...
Monday, 24 February 2014
8. Remittances rise
(Highlights/Business News)
... (including Bahrain, Kuwait, Qatar and Oman) $1,048m, and the European Union $251.13m. The figures in the same period of FY13 were $2,292.02m, $1,669.36m, $1,324m, $1,155.35m, $941.83m and $217.89m, ...
Wednesday, 12 February 2014
9. Specialising in hydropower technology
(Highlights/Business News)
Wapda has taken an initiative to establish a Hydropower Training Institute at Mangla, at a cost of Rs568 million, with technical and financial assistance from the European Union. The institute ...
Monday, 27 January 2014
10. Snowden says NSA also spies on industry
(Highlights/Business News)
... including Germany following reports that the NSA had monitored communications of European citizens, even listening in on Chancellor Angela Merkel's cellphone.  ...
Monday, 27 January 2014
WASHINGTON: The US dollar rose against the euro Friday helped by better-than-expected data on US industrial output, housing and the jobs market. The data showed a solid US economy in December, ...
Monday, 20 January 2014
12. State Bank leaves policy rate unchanged
(Highlights/Business News)
... e proceeds from the privatisation of PTCL, floatation of euro bonds in the international market, and additional flows from bilateral and multilateral sources under the new IMF programme. He said n ...
Monday, 20 January 2014
13. Potato export outlook
(Highlights/Business News)
Monday, 06 January 2014
14. Asian shares mixed ahead of Fed decision
(Highlights/Business News)
...  from 102.63 yen in New York late Tuesday. The euro bought $1.3767 and 141.74 yen against $1.3765 and 141.28 yen. Japanese shares outperformed the region after Tokyo released figures showing export ...
Wednesday, 18 December 2013
15. Trade, industry laud GSP plus status
(Highlights/Business News)
Friday, 13 December 2013
16. Stocks close above 25,000-level
(Highlights/Business News)
... ions at concessionary duty rates or duty free, making products cheaper for European importers. Dealers at brokerage Sherman Securities pointed out that the cement stocks continued to show str ...
Friday, 13 December 2013
17. SBP forex reserves tumble below $3bn
(Highlights/Business News)
... t. A plan to launch Eurobond and remittance based bonds to raise $1bn next year is also under way. All these plans will be implemented in the third quarter of the present financial yea ...
Friday, 13 December 2013
18. EU grants GSP Plus status to Pakistan
(Highlights/Business News)
ISLAMABAD: The European Union (EU) on Thursday granted Generalised System of Preferences (GSP) Plus status to Pakistan with an impressive count of 406 votes, granting Pakistani products a duty free ...
Friday, 13 December 2013
19. Oil prices mixed in Asian trade
(Highlights/Business News)
... t. "The series of good data releases may hint greater appetite for oil by the US as demand will be boosted by increasing economic activities," Tan said. European benchmark Brent retained broad supp ...
Saturday, 07 December 2013
... as several in Europe. The Google Now voice assistant takes center stage in the Nexus 5. The voice recognition technology seems better than before. I was surprised how well it picked up my commands ...
Tuesday, 03 December 2013
... the oil producer. The generally positive sentiment sent the yen sinking against the dollar, while it also hit a four-year low versus the euro. Tokyo jumped 1.54 per cent, or 237.41 points, to ...
Monday, 25 November 2013
22.
(Highlights/Business News)
Saturday, 16 November 2013
23. Siemens buys back $8.47m stocks
(Highlights/Business News)
... rt that it would buy back up to Euro 4bn worth of its own shares. The chief executive, Joe Kaeser, anticipated that the reduction in the total number of shares, along with a rebound in profit f ...
Wednesday, 13 November 2013
24. Textile, clothing exports rise
(Highlights/Business News)
Wednesday, 23 October 2013
... yen in Tokyo afternoon trade, up from 98.15 yen in New York on Monday afternoon, partially shored up by speculation over strong jobs data, dealers said. The euro weakened to $1.3670 from $1.3681 ...
Tuesday, 22 October 2013
Tuesday, 22 October 2013
27. Business slams 6-day Eid break
(Highlights/Business News)
... n other time zone like Europe and the Americas. The impact of banking sector shutdown has not only been felt by those involved in international trade but those limited to local busines ...
Saturday, 19 October 2013
28. Canada, EU sign trade deal
(Highlights/Business News)
Saturday, 19 October 2013
29. PTA with Indonesia goes effective tomorrow
(Highlights/Business News)
...  available here. Indonesia has signed MRA with only USA, Australia, New Zealand, Thailand and Canada. From South Asia, Africa, Europe and Middle East, Pakistan has become the first and the only countr ...
Saturday, 31 August 2013
30. Dollar eases against yen and euro in Asia
(Highlights/Business News)
... e in Tokyo Friday, the euro traded at $1.3245, a tad up from $1.3241 in New York Thursday, while the dollar bought 98.18 yen, compared with 98.32 yen. The euro fetched 130.03 yen against 130.18 ye ...
Friday, 30 August 2013

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