HAFIZABADShopkeepers of Gujranwala Road, Jalalpur Road, Fawara Chowk, Post Office Road, Alipur Road, Rail Bazar and Vanike Road have called upon the Market Committee Administrator and DCO to immediately relocate both the grain markets from the congested areas of the city to resolve traffic problem ...

ISLAMABADEncroachments in various areas including Aabpara, Melody, Peshawar More, Karachi Company and other places have not still been cleared from the encroachment by the vendors and shopkeepers.The roads, streets and footpaths in different areas of the federal capital are on the rise, creating ...

LAHORE  - The private sector of Pakistan must further explore the markets of Turkey, UK and Germany where huge potential exists for Pakistani quality products. All Pakistan Paper Merchants Association (APPMA) leader Khamis Saeed Butt stated this while talking to media here Tuesday. He said ...

PARIS : A majority of European investors believes that the eurozone debt crisis is still a threat to financial markets which are rising strongly despite weak activity in Europe, Fitch Ratings agency said in a report on Monday. The findings were based on a quarterly survey carried out between April ...

Hong Kong - Asian markets were mostly up on Friday with Japanese stocks jumping to their highest level in more than five years after the dollar surged above the 100 yen mark and US jobs data boosted sentiment.Tokyo closed up 2.93 percent, or 416.06 points, at 14,607.54 following the dollar's ...

ISLAMABAD : A senior official at Iran’s Bourse Organization said here that the 5th International Orientation Course on Islamic Capital Markets is to be held in the Iranian capital on Sunday with participation of scholars from 18 world countries. Ali Saeedi, deputy executive director of ...

london - Global commodity markets rebounded this week from recent losses on the back of growing investor appetite for risk, dealers said."Commodity prices are firmer, having posted varying degrees of recovery from the previous week's widespread price declines," said Barclays analyst Sudakshina ...

LAHORE : The international standard high quality Pak “fire and heat proof” garments, especially manufactured for car racers and motorbike riders attracted 20 foreign markets. Abdul Ghafoor Butt, CEO of BFW, told APP here Friday that Pak-made fire and heat proof garments meet ...

islamabad - A board meeting of Heavy Mechanical Complex (HMC), while unanimously agreeing to make hydel and thermal power plants in future, has also decided to produce axles to be used in the bogies of railways.The 100th meeting of the Heavy Mechanical Complex (HMC) Board of Directors (BoD) was ...

KARACHI - Traders of Karachi want Rangers security in all city markets where sharp increase in extortion cases bring trading activities at halt. Business persons who belong from the local markets said if the interim government would not take serious action against extortionists, they will start ...

ISLAMABAD - Fake cosmetics can be found in abundance in markets of twin cities because of the skyrocketing prices of their original brands. According to Aqib Ali, a cosmetics salesman, the counterfeit cosmetic items have become a phenomenon in the developing countries. They have even made inroads ...

LAHORE – SALMAN ABDUHU - The two newly-constructed flyovers in the City may have solved the traffic problem to some extent, but they are hitting hard the nearby traders on both sides of the Ferozepur Road, as a result of which most of them are thinking of shifting their businesses somewhere ...

LAHORE - The All Pakistan Anjuman-e-Tajiran (APAT) has strongly opposed the proposals of two weekly holidays and forced closure of markets at 8pm, announcing to resist it fully.While addressing the meeting of markets boards’ representatives of the provincial capital, traders said that ...

FRANKFURT  - Financial markets are waiting to see whether the European Central Bank is ready to step up action to end the debt crisis after a recent series of unprecedented measures, analysts said.The ECB’s governing council convenes for its regular monthly policy-setting meeting on ...

ATHENS  - Greece averted the immediate threat of an uncontrolled default on Friday when a sufficient number of private creditors agreed on a bond swap deal that will cut the country’s public debt and clear the way for a new bailout.With euro zone ministers set to approve the 130 billion ...

LONDON  — Global growth concerns and uncertainty over the level of participation by private creditors in Greece’s planned bond swap sent stocks and the euro lower on Tuesday.Having rallied hard over the past few months, stock markets seem to have run out of steam, with the more ...

ISLAMABAD  - Speakers at a seminar here on Saturday said that lack of awareness among the majority of population was the main hindrance in the development of stock markets.Addressing a seminar organized by Association for Investors Awareness (AIA) in collaboration with the Islamabad Stock ...

ISLAMABAD - The Pakistan Poverty Alleviation Fund (PPAF) and Pakistan Microfinance Network have jointly launched an initiative called the MicroEYE to map the competitive environment of micro finance markets in the country.According to a press release issued here on Friday, the initiative was ...

ISLAMABAD  – International tax consultant and expert on studying international money laundering operations and drug economy, Dr Ikramul Haq, on Sunday said allowing injection of black money in the stock markets will not only facilitate money laundering but also have negative impact for ...

JEFFREY FRANKELEmerging markets have performed amazingly well over the last seven years. In many cases, they have far outperformed the advanced industrialised countries in terms of economic growth, debt-to-GDP ratios, countercyclical fiscal policy, and assessments by ratings agencies and financial ...

ISLAMABAD – The fruit exporters have stressed the need for exploring new markets for kinnow export, as was done in case of mango last year, to boost the exports of this mandrain fruit.  “Currently Pakistani Kinnows (Mandarin) are mainly exported to UAE, Saudi Arabia, Russia and ...

LONDON - Global commodity prices mostly fell this year on worries that the ongoing eurozone debt crisis and a potential global economic slowdown would hammer demand for raw materials.“Commodity prices are ending 2011 with a whimper,” said Capital Economics analyst Julian Jessop, noting ...

KARACHI With a sustainable expansion strategy, Dawlance made its presence felt at the Big 5 exhibition held in Dubai recently, says a Press release. At the exhibition, Dawlance stood out from the crowd as the only Pakistani home appliances company that managed to impress a fair number of foreign ...

NEW YORK (Reuters) - A brutal year for global investors may get even worse next week if Congress proves yet again it is too bitterly divided to deliver on its promise to reduce the gaping US budget deficit. How financial markets will react if a committee created to slash $1.2 trillion in federal ...

HONG KONG (AFP) - Asian markets rose Wednesday and Italian bond yields fell from record highs after Italian leader Silvio Berlusconi promised to quit, lifting hopes that Europes debt crisis can be contained. Adding to buying sentiment was data out of China showing that the countrys inflation had ...

Sindh Governor Dr Ishratul Ebad on Friday, taking notice of media reports which unveiled the illegal extortion from the Eidul Azha cattle owners over and above the permissible fees at the sacrificial animal markets, has called for a report from the Administrator and District Coordination Officer ...

MADRID (Reuters) - Markets wont punish Spain on Monday even though the majority of banks that failed Europe-wide stress tests were Spanish, the head of the European Banking Authority said in an interview. Spain submitted nearly all its banks to the tests, unlike other European countries, said EBA ...

ISLAMABAD (APP) - Competitive markets are the starting point towards increasing efficiency and sustaining economic growth, according to Pakistan: Framework for Economic Growth,' strategy prepared by the Planning Commission. "Free and flexible markets allow businesses, which have run the course, to ...

ISLAMABAD (APP) - Ambassador of Romania in Pakistan Emilian ION on Saturday offered the Pakistani businessmen to export their products, especially textile, garments, leather and chemical, to Romania. He said that Pakistan and Romania would start economic and cultural activities for enhancing ...

ISLAMABAD (APP) - Federal Minister for Commerce Amin Fahim on Friday said that Pakistan wants to further enhance trade ties with Denmark and the European Union. We welcome any initiative that is in the positive direction to grow our bilateral trade relations, the minister said at a meeting with ...