Daily The Business
Daily Archives

June 11, 2019

Spot rates of cotton (Crop 2018-19)

KARACHI, Jun 11 (APP):Karachi Cotton Association (KCA) on Tuesday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16" Micronaire value between 3.8 and 4.9 NCL. Rate…

UK unemployment rate holds at 45-year low

London, June 11 (AFP): British unemployment has held at a 45-year low, official data showed Tuesday, despite headwinds from Brexit and the slowing global economy. The unemployment rate remained at 3.8 percent in the three months to April…

MQM founder arrested in London

LONDON: Muttahida Qaumi Movement (MQM) founder Altaf Hussain was arrested in London by Scotland Yard raid today morning. Altaf Hussain was arrested and taken to a local police station. 15 officers took part in a raid at his north London…

PSX plunges 937 points ahead of budget

The Business Report LAHORE: Bearish sentiments surrounded the bourse on Monday with the KSE-100 index benchmark dipping by 937 points, as investors adopted a cautious approach ahead of the announcement of the Federal Budget 2020. On the…

Dollar climbs to Rs151 in open market

By Our Staff Correspondent KARACHI: The rupee weakened against the US dollar by Rs2.40 and touched Rs151 in the inter-bank market on Monday as compared to Rs148.60 before Eid-ul-Fitr holidays, according to the central bank. In the open…