Business

China to relax regulation on foreign investment in Chinese securities market

Apr 8th, 2008 | By Sindh Today | Category: Business

BEIJING: Chinese foreign exchange regulator is to ease its control over the Qualified Foreign Institutional Investor (QFII) programme, which allows overseas institutions to invest in Chinese securities market.



Gold again crosses Rs 19,000 mark

Apr 8th, 2008 | By Sindh Today | Category: Business

KARACHI: Gold gained Rs 86 to close at Rs 19,028 per 10 grams in the local market Tuesday as its international price also moved up to $ 923.70 an ounce, market sources said. Silver remained unchanged at Rs 355.70 per 10 grams. app



Senate committee rules out tax exemption on stock related profits

Apr 8th, 2008 | By Sindh Today | Category: Business

ISLAMABAD: Members of Senate Standing Committee for Finance Monday said the profits earned through stock trade cannot be exempted from tax.



No deal with May bank of Malaysia: MSB officials

Apr 8th, 2008 | By Sindh Today | Category: Business

KARACHI: Muslim Commercial Bank is not inking any business deal with May bank of Malaysia. MCB officials told local TV channel  in Karachi that there was no development on any investment plan with May bank.



Pakistan asks Sindh to review agreements with power firms

Apr 6th, 2008 | By Sindh Today | Category: Business

ISLAMABAD: Pakistan’s new federal government has asked Sindh Mines & Mineral Department to review all the agreements of interested coal based power producing companies including the core issue of upfront tariff as soon as possible.



KSE 100-index breaks record

Apr 5th, 2008 | By Sindh Today | Category: Business

KARACHI: The unprecedented political development in Sindh as a result of reconciliation between two major political forces, MQM and PPP, gave a further impetus to the continuous historic rally in Karachi stock market on Friday, which marked another momentous day in the history of KSE as its 100 index for the third consecutive day broke […]



Gold closes higher at Rs 18,471

Apr 2nd, 2008 | By Sindh Today | Category: Business

KARACHI, Apr. 2 (APP): Gold price moved up by Rs 43 to close at Rs 18,471 per 10 grams in the local market Wednesday as its international price gained $ 1 to $ 891 an ounce, market sources said.



KSE 100 Index secures 123.05 points to close at 15332.91

Apr 2nd, 2008 | By Sindh Today | Category: Business

KARACHI, Apr. 2 (APP): Bulls maintained their upward surge with a renewed vitality and an exemplary strength at Karachi Stock Exchange here on Wednesday as the KSE 100 gained 123.05 points to close at 15332.91.