Foreign exchange rates
KARACHI: The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Wednesday.
LIBOR FOR CALCULATING INTEREST ON...
Pakistan, Turkmenistan agree to accelerate TAPI gas project
ISLAMABAD: Pakistan and Turkmenistan vow to expedite work on the Turkmenistan, Afghanistan, Pakistan, India (TAPI) gas pipeline project, which was scheduled to be accomplished...
Turkey’s referendum a lynchpin for more economic reforms
Poised to go the ballots on Sunday, Turkey will decide on the constitutional change that devises a presidential government system. In addition to the...
World Bank indirectly backs harmful SE Asian projects
WASHINGTON: World Bank investments in commercial financial institutions is indirectly allowing land-grabs, evictions and pollution in Southeast Asia, a watchdog group charged in a...
Dollar jumps vs yen after solid US retail sales
NEW YORK: The dollar rebounded against the yen Friday as solid US retail sales data and rising oil prices lifted sentiment on global markets after...
Emirates starts flight operation in Multan
ISLAMABAD: United Arab Emirates (UAE) airline Emirates has started fight operation in Multan.
A statement issued by the company said that Multan is one of...
Pak growth reaches 4.7 percent in FY 2016: World Bank
ISLAMABAD: Pakistan’s economic growth in fiscal year (FY) 2016 reached 4.7 percent—the highest rate in eight years and a significant increase from the previous...
Govt took bold steps for economic reforms, efforts to continue in...
ISLAMABAD: Finance Minister for Finance, Senator Mohammad Ishaq Dar has said that Pakistan Muslim League (PML-N) led incumbent government had boldly taken on various...
Malaysia’s efforts to promote tourism lauded
Chairman Travel Agents Association of Pakistan (TAAP) Muhammad Naeem Sharif visited Kuala Lumpur, Malaysia, on February 14 wherein he was warmly welcomed by the...
Tokyo stocks open higher after Trump promises tax cuts
TOKYO: Japanese stocks opened sharply higher Friday, tracking record closes on Wall Street after US President Donald Trump promised to release details soon about...