US Stocks Rise On Solid Earnings, Data
About 30 minutes into trading, the Industrial Average was up 0.8 percent at 25,856.44. The broad-based S&P 500 gained 0.9 percent to 2,877.03, while the tech-rich Nasdaq Composite Index also climbed 0.9 percent to 7890.28. Stocks had also risen Wednesday following reports that the administration would hold off for six months on imposing tariffs on auto imports. The ...
Gazprom Increased Gas Production 2.1% Year-on-Year To 202Bcm From Jan 1 To May 15
"According to preliminary data, Gazprom produced 202 cubic meters of 1 to 15, , which is 2.1 percent (4.2 cubic meters) more than in the period of ," the said in a statement. Gazprom also noted that the demand for natural on the domestic decreased by 3.5 percent, or by 4.1 ...
US Sanctions On Nord Stream 2 Enhance Threats To Russian Energy Security -Russian Official
MOSCOW (UrduPoint News / Sputnik - 16th May, 2019) US sanctions targeting the Stream 2 project and the LNG increase threats to the national energy security, the Security Council said Thursday. "US sanctions on the energy sector, primarily targeting the Stream 2 project, the LNG and use of modern technologies for ...
EU Needs Russian Gas To Shift To Clean Energy - Wintershall Managing Director
BERLIN (UrduPoint News / Sputnik - 16th May, 2019) The needs in order to achieve its green economy goals and implement a green energy reform in , Hugo Dijkgraaf, the managing director of Wintershall, 's largest crude and natural producer, said on Thursday. " Dijkgraaf added that the 's position on the Stream 2 ...
Pak facing difficult economic conditions, Foreign Exchange Reserves decline by $10b: Hafeez Sheikh
KARACHI (Dunya News) – Adviser to Prime Minister on Finance Abdul Hafeez Sheikh on Thursday said that Pakistan Tehreek-e-Insaf (PTI) has taken difficult decisions to improve country’s economy. Addressing a press conference in Karachi along with Sindh Governor Imran Ismail, he said that Pakistan is facing difficult economic conditions as the country’s foreign deposits have decreased to US$10 billion. The ...
Stopping Nord Stream 2 Construction Would Create 'Strange Precedent' - Russian Official
The Stream 2 joint project between Gazprom giant and five European companies has been facing criticism and within the EU bloc, due to fears that building the pipeline and increasing 's dependence on will give leverage over European .
Asset Declaration Scheme To Help Document The Economy
In a statement issued here, he said that documentation of economy was vital for economic uplift and asked the to introduce amendments in laws so that registration of income tax filing can be made easy.
Russia To Sign Up To 100 Deals In 2019 With Firms Reaching For Egypt's New Industrial Zone
In , and signed an to establish 's first overseas industrial zone in the Canal Economic Zone, 's new tax free zone and trade meant to attract investment foreign countries. In , Mohab Mamish, head of the Canal Authority, said that RIZ in would be launched in late to early 2021.
CDWP clears 5 projects of Rs 124 bln
ISLAMABAD, May 16 (APP):The Central Development Working Party (CDWP) Thursday accorded approval to one project worth Rs. During the meeting, government of Sindh presented project ?Karachi Urban Mobility Project (Yellow Line)? worth Rs. Another important project of Government of Sindh ?Karachi Water and Sewerage Services Improvement Project (KWSSIP) Phase-I? worth Rs. The second project related to transport ?Construction of ...
Dollar Soars By Rs 5.13 In Interbank, Closed At Rs 146.52
ISLAMABAD, (UrduPoint / Pakistan Point News - 16th May, 2019 ):The exchange rate of Dollar in interbank soared by Rs 5.13 and was traded at Rs 146.52 as compared to the last closing at Rs 141.39, State Bank of Pakistan (SBP) reported on Thursday. The price of Japanese yen increased by 04 paisa and was traded at Rs 1.33 ...
Central Development Working Party (CDWP) Clears 5 Projects Of Rs 124 Bln
ISLAMABAD, (UrduPoint / Pakistan Point News - 16th May, 2019 ) :The Central Development Working Party (CDWP) Thursday accorded approval to one project worth Rs. During the meeting, of presented project " Urban Mobility Project (Yellow Line)" worth Rs. Another important project of of " and Sewerage Services Improvement Project (KWSSIP) Phase-I" worth Rs. ...
EU Fines Five Major Banks For Currency Collusion
Brussels, (UrduPoint / Pakistan Point News - 16th May, 2019 ):The EU's powerful anti-trust authority on Thursday fined five major banks -- including Barclays and Citigroup -- more than a billion euros for collusion in the massive foreign exchange currency market. The European Commission fined Barclays, the Royal Bank of Scotland, Citigroup, JPMorgan and Japan's MUFG Bank a total ...
EU Fines Five Major Banks 1 Bn Euros For Currency Collusion
Brussels, (UrduPoint / Pakistan Point News - 16th May, 2019 ):The EU's powerful anti-trust authority on Thursday fined five major banks -- including Barclays and Citigroup -- more than a billion euros for collusion in the massive foreign exchange currency market. The European Commission sanctioned Barclays, the Royal Bank of Scotland, Citigroup, JPMorgan and Japan's MUFG Bank a total ...
Stocks Stable After Volatility 16 May 2019
London, (UrduPoint / Pakistan Point News - 16th May, 2019 ):Stock markets steadied Thursday from a recent bout of volatility as investors weighed hopes for US-China trade talks against President Donald Trump's telecoms equipment ban that was seen as a kick against Beijing. Huawei was also added to a list that would make it much harder for the Chinese ...
The Pakistan Stock Exchange (PSX) Sheds 320 Point To Close At 33,971 Points
ISLAMABAD, (UrduPoint / Pakistan Point News - 16th May, 2019 ):The Pakistan Stock Exchange (PSX) on Thursday witnessed bearish trend as KSE 100 index plunged by 320.53 points (0.93 percent) to close at 33,971.12 points.
Currency Rate in Pakistan: US Dollar, Saudi Riyal, UK Pound, UAE Dirham - 16 May 2019
KARACHI: Following were the closing rates of US Dollar, Saudi Riyal, UK Pound, UAE Dirham and other foreign currencies in kerb market, according to the Forex Association of Pakistan on Thursday, May 16, 2019.
Bullion Prices On Thursday
KARACHI, (UrduPoint / Pakistan Point News - 16th May, 2019 ) :Following were the in on Thursday. 728.73 (per 10 gram) Note: Bullion rates , and were not received Thursday.
Gold Price Jumped By 600, Traded At Rs71, 700 Per Tola
ISLAMABAD, (UrduPoint / Pakistan Point News - 16th May, 2019 ) :According to Sarafa Association the of 24 karat soared by 600 on Thursday and was traded at Rs71, 700 per tola as compared to the last closing at Rs 71,100. According to the Rawalpindi-Islamabad local Sarafa Association, the per tola of 24-karat in ...
PSX sheds 320 point to close at 33,971 points
The three top traded companies were K-Electric Limited with a volume of 14,604,000 and price per share of Rs 4.00, Pak International Bulk with a volume of 6,909,500 and price per share of Rs 8.04 and Unity Foods Ltd with a volume of 6,502,000 and price per share of Rs 9.25.
Naftogaz, Gazprom May Renew Talks On Russian Gas Transit Through Ukraine In June - CEO
KIEV (UrduPoint News / Sputnik - 16th May, 2019) Ukrainian and Naftogaz and energy giant Gazprom resume talks on the transit of through after the end of in , Naftogaz CEO Andriy Kobolyev said on Thursday. In late , Naftogaz Chief Commercial Officer Yuriy Vitrenko said that the was ...
