Asian stocks edge lower on profit taking
Friday, 10.31.2008, 01:51pm
Asian stocks slipped in early deals on Friday as investors took profits after several days of sharp gains, waiting to see if Japan's central bank would join a global campaign of interest rate cuts.
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KSE ends flat in lowest ever volume
Friday, 09.19.2008, 02:48pm
Main stock index of Karachi Stock Exchange (KSE) ended flat on Friday in the lowest ever trading volume as cautious investors stayed on the sidelines due to the global financial crisis and the country's weak economic fundamentals....more
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Volatile stock markets in trouble again after AIG bailout
Thursday, 09.18.2008, 11:10am
Global stock markets hit fresh trouble on Wednesday after the unprecedented US government bailout of giant insurer AIG failed to calm jitters and instead prompted frenzy for safe haven assets....more
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Rupee weakens on global financial crisis
Wednesday, 09.17.2008, 11:11am
The rupee was quoted at a record low on Thursday because of the global financial crisis and concern about tension between Pakistan and the United States over US attacks on militants in Pakistan, dealers said...more
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Oil down $5 on financial turmoil, Ike
Tuesday, 09.16.2008, 02:30am
:Oil dropped more than $5 on Monday as investors fled to safer havens due to turmoil in the US financial system and on early signs Hurricane Ike had spared key US energy infrastructure...more
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August CPI rose 25.33pc yr/yr
Friday, 09.12.2008, 01:06pm
Pakistan's consumer price index (CPI), a key indicator of inflation, rose 25.33 percent in August from a year ago, the Federal Bureau of Statistics said on Friday...more
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Stocks end down on tension over security
Friday, 09.12.2008, 01:53am
Stocks ended lower on Thursday on concern about tension between Pakistan and the United States over the conduct of the war on terrorism and on the absence of any moves to address economic problems, dealers said....more
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Karachi stock fizzles out
Monday, 09.08.2008, 03:33pm
An early rally in Karachi stocks fizzled out and the rupee fell despite initial hopes that a presidential election would reduce uncertainties, as investors wanted to see concrete action to bolster the economy....more news
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IHC issues stay order against power tariff raise
Monday, 09.08.2008, 01:12pm
The Islamabad High Court (IHC) has issued a stay order against raise in power tariff here on Monday and adjourned the hearing till September 24....more news
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SBP adjusts banking hours to facilitate customers
Monday, 09.08.2008, 08:36am
State Bank of Pakistan (SBP) has decided to change the office and business (banking) hours during the holy month of Ramazan-ul-Mubarak with effect from Tuesday (September 9) to facilitate the customers....more news
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