business

APP Karachi: The Exchange Rates Committee of the Financial Markets Association of Pakistan has released the official exchange rates for foreign currency, applicable for forward cover and deposits (excluding FE-25 deposits), for September…

APP Karachi: The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Thursday. CONVERSION RATES FOR SEPTEMBER 26, 2024 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR…

APP Islamabad: The price of 24-karat gold per tola increased by Rs 1,100 on Tuesday, reaching Rs 273,000, up from Rs 271,900 during the previous trading session. Similarly, the price of 10 grams of 24-karat gold rose by Rs 943,…

APP Islamabad: The Pakistan Stock Exchange (PSX) has emerged as one of the top-performing global markets in 2024, according to a Bloomberg report. The report highlights that Pakistan’s stock market has been buoyed by an improving…

News Desk Islamabad: The Board of Investment and Chinese textile firm RUYI Shandong signed a Memorandum of Understanding (MoU) on Friday, under which the company will establish world-class textile parks in Pakistan. This initiative…

AFP/APP Hong Kong: Asian markets largely saw gains on Friday, with the yen holding steady at nine-month highs, following a positive day on Wall Street. Investors are gearing up for an anticipated U.S. interest rate cut next week.…

News Desk  Rawalpindi: The Mian Parvez Aslam group triumphed in the 2024 Rawalpindi Chamber of Commerce and Industry (RCCI) Executive Body Election, with all its candidates from the Associate Class securing 10 seats. The opposing…

News Desk  Rawalpindi: The Rawalpindi Chamber of Commerce and Industry's (RCCI) elections for 2024 are scheduled for September 11.  The elections will be overseen by a three-member Election Commission consisting of Muhammad Tariq…

AFP/APP San Francisco: Nvidia, the AI chip giant, reported quarterly sales of $30 billion, surpassing expectations but slowing down compared to previous quarters. Despite doubling its profit to $16.5 billion, the company's stock fell by…

APP Islamabad: The 100-Index of the Pakistan Stock Exchange (PSX) dropped by 91.45 points on Wednesday, showing a decline of 0.12 percent. It closed at 77,992.79 points, down from 78,084.24 points on the previous trading day. A total…