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Riffat Mughal

Asian stocks in worst month since October 2008 - 0 views

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    HONG KONG: Asian stocks fell on Friday, extending the worst monthly performance since the most volatile days of the global financial crisis in October 2008, with Chinese shares racking up sharp losses.
Riffat Mughal

Gold extends gains as equities drop - 0 views

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    SINGAPORE: Gold rose further on Monday as falling equities and lingering worries about a debt crisis in Europe drew investors to the metal, but a firm U.S. dollar could cap gains.
Riffat Mughal

Stocks, euro fall, gold gains on Europe worries - 0 views

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    TOKYO: Asian stocks extended losses, partly dragged lower by a plunge in Hong Kong shares, and the euro fell on Monday on deepening concerns that the euro zone's debt crisis will dampen global growth.
Riffat Mughal

Gold rises on euro zone woes; eyes on fed - 0 views

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    SINGAPORE: Spot gold gained 0.8 percent on Monday, extending a 1.2-percent rise in the previous session, as worries about a worsening debt crisis in the euro zone drove investors to seek safety in bullion.
Halal Tamweel

SBP withdraws gold and cash collateral requirement for MFBs loans - 0 views

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    KARACHI: The State Bank of Pakistan (SBP) has withdrawn the general provision requirements for loans extended by Microfinance Banks (MFBs) against gold or other cash collateral. In case of all other loans, SBP has reduced the general provision requirement for MFBs by 50 basis points.
Riffat Mughal

Circular Debt: Banks agree to extend more credit to power sector - 0 views

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    ISLAMABAD: The negotiations between the government and commercial banks remained successful on Tuesday to resolve the mounting circular debt issue of Rs 400 billion in the power sector of the country.
Halal Tamweel

Gold extends losses on dollar, jewellers shop around - 0 views

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    SINGAPORE: Gold fell further on Monday after posting its worst closing since June last week but bargain hunters could cushion the fall, while escalating worries about Europe's ability to resolve its debt crisis sent bullion-priced in euro to record.
Halal Tamweel

Gold extends losses on eurozone debt hopes - 0 views

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    SINGAPORE: Gold slipped more than half a percent on Thursday after equities rose and the euro ticked up on optimism over tentative steps by European policy makers to resolve and limit the region's debt crisis.
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