Business News

DUBAI: Dubai Worlds willingness to sell prized assets such as ports operator DP World to pay down its debt pile is considered such a drastic move that analysts see it more as a last-resort bargaining tactic. Documents obtained by Reuters this week revealed the surprising news that the debt-laden conglomerate was willing to...
Read more »

Compass Bank, Bank Savings Smartypig partner site BBVA Compass Bank  is giving up 150 in bonus money if you open a new account with them. Of course, there are some caveats to make sure you are using the account and not only do it for the money, including: Read More
Read more »

LONDON: Oil prices rose to near $81 a barrel Friday in Asia as crude traders followed equity markets higher ahead of a key US jobs report. Benchmark crude for April delivery was up 53 cents to $80.74 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange
Read more »

Lahore, Pakistan News: The State Bank of Pakistan has asked all the locally incorporated banks to furnish to it (SBP) the details of shareholding of their Chairman, Managing Director or Chief Executive Officer on yearly basis. ‘In terms of powers conferred under Section 14(3) of the Banking Companies Ordinance,1962, it has been decided that...
Read more »

Lahore, Pakistan News: The State Bank of Pakistan has asked all the locally incorporated banks to furnish to it (SBP) the details of shareholding of their Chairman, Managing Director or Chief Executive Officer on yearly basis.
Read more »

Michael Mcateer Cold Case: latest news about updates, It has been announced by Michael McAteer, one of the liquidators for Quinn Insurance, one of the biggest insurance companies in Ireland, and in fact the entire United Kingdom, that about 900 workers would be losing their jobs in the next one to one and a...
Read more »

Karachi, Pakistan news: The future contracts at Karachi Stock Exchange gained 16 percent while the average trading volume decreased. Meanwhile average future trading volume is decreased by 24.2 percent to 33million. The open interest rate of future contracts stand at 96.30million with an increase of 13.20million
Read more »

Karachi, Pakistan news: The future contracts at Karachi Stock Exchange gained 16 percent while the average trading volume decreased. Meanwhile average future trading volume is decreased by 24.2 percent to 33million. The open interest rate of future contracts stand at 96.30million with an increase of 13.20million.
Read more »

Bullish trend prevails at Asian stocks on Thursday as expectations go up for Europe’s financial recovery triggering a rise in shares purchase. Asia Pacific MSCI Index gained 1.7 percent.
Read more »

ISLAMABAD, Pakistan News: To absorb the excess liquidity out of the market, State Bank of Pakistan has sold T-bills of worth Rs 7.5 billion through Open Market Operation. The Central Bank received offers worth Rs 14 billion of which SBP accepted the offers of Rs 7.55 billion on which interest rate is 10.94 percent...
Read more »