Business News

Mobilink does well under PTA’s Quality of Service survey

  • ISLAMABAD, Feb 14 (APP): Mobile phone operator, Mobilink has done exceedingly well under annual Quality of Service (QoS) survey and surpassed key performance indicators set by regulator. The Telco not only leads the industry in terms of overall subscriber base (36.21 million customers), 3G users (7.2 million), and 3G speeds in every city, but is […]

  • Qatar LNG deal to help revive CNG sector: APCNGA

    ISLAMABAD, Feb 14 (APP): All Pakistan Compressed Natural Gas Association (APCNGA) on Sunday expressed confidence that the government’s recent deal to import Liquefied Natural Gas (LNG) from Qatar would help revive the CNG sector, which was bearing the brunt of prevailing energy crisis in the country. Pinning high hopes with the LNG import agreement and […]

  • Wall Street tries to reset debate on activism

    NEW YORK, Feb 13, (APP/AFP): Wall Street is hoping to reset the debate on US corporate governance following a wave of shareholder activism that has challenged many of the biggest companies. Since August, JPMorgan Chase chief executive Jamie Dimon has been working with leaders in finance and investing to hash out guidelines on best practices […]

  • Tokyo stocks tumble more than 4% in early trade

    TOKYO, (APP/AFP): Tokyo stocks tumbled more four percent in early deals on Friday, playing catch-up with a global sell-off after a one-day holiday amid deepening worries about the world economy and as a stronger yen hammered exporters. The benchmark Nikkei 225 index at the Tokyo Stock Exchange plunged as much as 4.59 percent, or 721.25 […]

  • Hong Kong stocks end morning lower

    HONG KONG, (APP/AFP) – Hong Kong stocks ended the morning session in the red on Friday, extending the previous day’s near-four percent plunge as world markets are gripped by fears over the global economy. The Hang Seng Index lost 0.53 percent, or 98.66 points, to 18,447.14 by the break.

  • Currency rates of NBP

    KARACHI, Feb 11 (APP): Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Thursday. U.S.A 105.34/ 102.85 S.ARABIA 27.95/ 27.55 U.K 153.13/ 149.50 JAPAN 0.9351/ 0.9124 EURO 118.94/ 116.12 U.A.E 28.68/ 27.42