Karachi Stock Exchange (KSE) again saw a negative trend because of investors getting cautious due to the recent foreign outflows. The 100-share index closed at 33,537.42, down by 261.38 points due to foreign outflows of more than $20 million earlier. “The market opened with a negative sentiment as more than $20 million foreign outflow was […]
The US dollar exchange rate in Pakistan’s interbank market went up by Rs 2.10 today, Monday 24, August 2015 to reach the highest rate over almost the past year and a half. The rate, currently standing at Rs 104.10, is being attributed by some to influential exporters who are allegedly trying to create instability by […]
Dubai is known for its exuberance and its ability to go against all odds and achieve titles envied around the world. The words biggest, largest, tallest and most expensive have become synonymous with the emirate and now it is set to add yet another title to its growing collection – that of the World’s Largest […]
Muttahida Qaumi Movement’s (MQM) senior leader Mr. RashiD Godil has been reportedly shot by unidentified men in Karachi and is currently critically wounded. The senior party leader was intercepted in the Bahadurabad area by armed men riding a motorcycle, who opened fire on Mr. Godil with 9MM pistols. According to the latest reports, the MQM […]