SINGAPORE news update: Oil prices moved above 78 dollars a barrel in Asian trade Monday as a weaker US dollar helped boost demand, analysts said.
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Oil Above $ 78 in Asian Trade
SBP to Announce New Policy Monitor Today
KARACHI,Pakistan News update: State Bank of Pakistan Governor Saleem Raza has said that new monitory policy will be announced on Tuesday. According to details, he said foreign exchange reservoirs had reached to the stage of five months from three weeks
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Dubai Companies’ Ratings Cut by Standard & Poor’s
Dubai Firms’ Ratings Cut to Junk by Standard & Poor’s, The ratings agency Standard & Poor’s has cut the credit rating of six Dubai companies linked to the government to junk status.
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New Year’s gift: An Increase in Power and Gas Rates Erode the Value of Rupee
ISLAMABAD,Pakistan News: The government’s New Year gift to the masses will be a significant increase in electricity and gas tariffs, which will further erode the value of each rupee earned.
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Bullish Trend Prevailed the Asian markets
Karachi, Pakistan News: Bullish trend prevailed the Asian markets owing to reports of improvement in economic condition of Greece. Arush of investors marked bullish trend in Asia
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SBP Issues New 500-Rupee Notes
KARACHI, Pakistan News: State Bank of Pakistan (SBP) has issued new currency notes of 500 denomination with stepped up security features as guard against counterfeiting.
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Increases Gold Price Local, int’l Markets
Latest news in Gold Price : Bullish trend witnessed in local and international gold markets on Saturday.
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Banks Disburse over Rs 124 Billion Agricultural Credit
Pakistan News: Agricultural credit disbursement by commercial and specialized banks rose 6.33 percent year-on-year to Rs 124.168 billion in the first seven (July-Jan.) of the current 2009-10 fiscal year (FY10). In absolute terms, disbursement of credit to the agriculture sector increased by over Rs 7.391 billion in July-January, 2010 when compared with total...
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Cotton Price Reach Record Rs5700/MD
KARACHI, Pakistan News: The price of cotton soared to Rs5700 per maund with an addition of Rs100 in the local market. The cotton season nears its end in the country; while, its price is making new records
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Oil up in Asia
SINGAPORE: Crude oil exceeds $80 a barrel in Asian markets. During trading in Singapore delivery contract for March increased by 50 cents to 80.16 cents per barrel.
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