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Business
Gold Rates Up by Rs 2,900 Per Tola to Rs 244,000
APPIslamabad: The per tola price of 24 karat gold increased by Rs 2,900 and was sold at Rs 244,000 on Wednesday compared to its sale at Rs 241,100 on last trading day. The price of 10 grams of 24 karat gold also increased by Rs…
China Tech Giant Alibaba Posts Modest Yearly Revenue Growth
AFP/APPBeijing: Chinese e-commerce giant Alibaba announced Tuesday a modest increase in annual revenue, as the firm pursues a major overhaul and regulatory curbs on the country's tech sector are relaxed.The Hangzhou-based company is…
Foreign Exchange Rates
APPKarachi: On Tuesday, the Exchange Rates Committee of the Financial Markets Association of Pakistan released the following bulletin on exchange rates:CONVERSION RATES FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING…
EU Stocks Uncertainty Persist as US Tariff Plans on China Loom
News DeskLondon: European equities hesitated on Monday as investors paused ahead of key US inflation data, following last week's record-breaking highs driven by hopes of interest rate cuts and Britain's emergence from recession.…
Shanghai Greenlights Tesla’s Mega Factory Construction
Xinhua/APPShanghai: Tesla Inc. has been granted a construction permit for a new mega factory project, as confirmed by the management committee of Lingang new area within the China (Shanghai) Pilot Free Trade Zone.This marks Tesla's…
PSX Index Soared to New Heights
News Desk Islamabad: Pakistan Stock Exchange (PSX) 100 Index soared to new heights in today's trading session, achieving two remarkable milestones.The PSX benchmark 100 index surged to an unprecedented high of 74,114 points during…
Gold Rates Dip by Rs 1,200 Per Tola to Rs 242,300
APPIslamabad: The per tola price of 24 karat gold decreased by Rs 1,200 and was sold at Rs 242,300 on Monday compared to its sale at Rs 243,500 on last trading day. The price of 10 grams of 24 karat gold also decreased by Rs 943 to…
Tokyo Stocks Open Lower
AFP/APPTokyo: Tokyo stocks opened lower on Monday after Wall Street shares ended mixed, with investor focus on corporate earnings.The benchmark Nikkei 225 index was down 0.05 percent, or 19.88 points, at 38,209.23 in early trade,…
Foreign Exchange Rates
APPKarachi: On Monday, the Exchange Rates Committee of the Financial Markets Association of Pakistan released the Exchange Rates Bulletin for May 13, 2024. Below are the conversion rates for foreign currency applicable for forward cover…
Gold Rates Dip by Rs300 Per Tola to Rs 243,500
APPIslamabad: The per tola price of 24 karat gold decreased by Rs 300 and was sold at Rs 243,500 on Saturday compared to its sale at Rs 243,800 on last trading day. The price of 10 grams of 24 karat gold also decreased by Rs 257 to…