According to details from Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is being sold at SAR 3,317. Additionally, the price for an ounce of gold is SAR 10,318. It is important to note that gold rates are subject to global market fluctuations, including those specific to Saudi Arabia, with the last update recorded […]
The decision was taken following the State Bank of Pakistan’s recent policy rate cut by 100 basis points to 12 percent. According to a notification issued by the finance ministry, the profit rate on Regular Income Certificates has been reduced to 11.88 percent from 12 percent annually. The rates for short-term certificates have also been […]
Like larger rival Burberry, Mulberry said it would focus on its ‘British heritage’ appeal to regain customers it had neglected in previous years when it focussed on expansion in Asia-Pacific. “We need to export the British culture, but in another way, it is also a way to showcase a British way of doing manufacturing,” Baldo, […]
Advanced chips used for AI have been the bright spot in the weak memory chip market, but rival SK Hynix (000660.KS), opens new tab is Nvidia’s (NVDA.O), opens a new tab main supplier of high-bandwidth memory (HBM) chips used in AI graphics processing units (GPUs), whereas Samsung has struggled to meet Nvidia’s requirements. The U.S. […]
The Federal Board of Revenue (FBR) is to face a revenue shortfall of over Rs 50 billion in the ongoing month of January 2025. As per details, the government is reportedly considering FED on the sugar to minimize the tax shortfall ahead of the IMF review for the second tranche of the ongoing loan program. […]
Dealers said 70%-80% of Brazil’s current arabica harvest has been sold and new trades are slow. Brazil produces nearly half the world’s arabica beans, a high-end variety typically used in roast and ground blends. The country’s recent weather has been more favorable after a severe drought last year. Still, the upcoming crop will be 4.4% […]
The Japanese automaker posted a 3.7% drop in global group unit sales last year, including those of compact car maker Daihatsu and truck unit Hino Motors. The decline was largely due to a steep slump in sales in Japan where the automaker faced fallout from governance issues over certification test procedures, especially at Daihatsu. Second-ranked […]
Bitcoin (BTC) has experienced major increases since the United States elected Donald Trump as president, as investors anticipate that the new administration will implement more favorable policies for cryptocurrencies. It is pertinent to mention that in 2018, the State Bank of Pakistan (SBP), issued a notice in which, they warned commercial banks and general banks […]
The price of 10 grams of 24 karat gold also increased by Rs.1,972 to Rs.247,513 from Rs. 245,541 whereas that of 10 gram 22 karat went up to Rs.226,895 from Rs. 225,087. The prices of per tola silver increased by Rs.28 to Rs3,391 whereas that of ten-gram silver went up by Rs24 to Rs.2,907. The […]
According to details from Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is being sold at SAR 3,327. Additionally, the price for an ounce of gold is SAR 10,347. It is important to note that gold rates are subject to global market fluctuations, including those specific to Saudi Arabia, with the last update recorded […]
