BRIEF NEWS:
Gas prices increased by 13.55 percent
SHO among 3 policemen shot dead in Quetta
Syrian forces kill over 50 in fresh crackdown
Govt removes 5 PCO judges
Business News
Mon, 8 August 2011 08:40:00 +0000
- Asian stocks slide after US debt downgrade
They also foll
- Crude prices sharply lower in Asian trade
At 0200 GMT, New York's main contract -- light sweet crude for September delivery -- was down $2.34, or 2.69 percent, to $84.54 a barrel, from its closing price on Friday
- 13.55pc hike in gas prices notified
be Rs 63.11 in Sindh and Punjab, which was earlier Rs 56.70. And in Potohar, Balochistan and Khyber Pakhtunkwa the price has been raised to 6
- Govt approves 13.5pc raise in gas tariff
Talking to 'Geo', Acting Chairman OGRA Manzoor Zaffar informed that the government has approved the summery to raise 13.5 percent in gas tariff. The summery has not reached to OGRA, he said and added that as soon as the summery is received,
- US loses AAA credit rating for first time
S&P cut the US rating from its top-flight triple-A one notch to AA+, and added a negative outlook to it, saying there was a chanc
- LPG price increased by Rs 9 per kg
OGRA issued the notification for the increase in LPG prices. With an increase in Rs.
- 75, losing huge 471 points
The market opening with heavy clouds of pessimism soon went crashing like the house of cards, as the foreign investors preferred unloading their holdi
- KSE plummet on world stocks nose-dive
KARACHI: Karachi Stock Exchange (KSE) today hit by the global slump on fears that the economy could be slipping back toward recession was seen at one time during the trading tumbled down by over 500 points, while a Tsunami like situation prevailed and every investor was seen taking a safe position by offloading their holdings as fast as they could.
- Dollar under pressure on US economy fears
The dollar traded at 78.67 yen, down from 78.93 yen in New York, a day after Japan intervened in forex markets to stem the yen's rise as it a
- Hong Kong shares tumble 4.75% by break
Markets around the world have suffered som
Mohammed Saleem Mansoori
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