Pakistan News

    Nippon Motors Karachi Stock

  • Nadal motors into last-eight round as women’s champion exits

    PARIS: Nine-time champion Rafael Nadal surged into the French Open quarter-finals for a record-equalling 11th time on Sunday, while reigning women’s title-holder Garbine Muguruza crashed out in the last 16...

    Nadal continued his ruthless form at Roland Garros by dispatching Spanish 17th seed Roberto Bautista Agut 6-1, 6-2, 6-2 to match Roger Federer’s mark of last-eight appearances in Paris
  • Mitsubishi Motors under investigation

    TOKYO: Japanese officials have opened investigations against Mitsubishi Motors Corp after the company said it had found employees manipulated fuel efficiency data of more than 620,000 light vehicles it manufactured...

  • Costa motors to Abu Dhabi Tour win

    ABU DHABI: Rui Costa avoided any late mishaps to win the Tour of Abu Dhabi after Australia’s Caleb Ewan claimed Sunday’s fourth and final stage in a sprint finish under rain and floodlights at the Yas Marina Formula One circuit...

    Portugal’s former world champion Costa, riding for the home-based Team Emirates, took a decisive lead in the race with success in Saturday’s third stage when he outsprinted Russian Ilnur Zakarin after an 11km...
  • ‘Yunus Brothers, Kia Motors to set up auto assembly plant’

    KARACHI: The Yunus Brothers Group (YBG) is in talks with South Korea’s Kia Motors Corporation to set up an auto assembly facility in Pakistan...

    Pakistanis already had experience of driving locally produced Kia Classic NGV and Kia Spectra from 1999-2000 to 2004-05 under a joint venture with Dewan Motors...

  • Indus Motors plans $40m investment to boost capacity

    Once our production capacity increases in 2018, we will be in a position to make 75,000 units a year by working on holidays,” Ali Asghar Jamali, the company’s CEO, told Dawn on Monday from Karachi over the telephone...

    It will have to make fresh investment going forward if it wants to ward off competition and maintain its leadership position in the market,” a Karachi-based auto-parts supplier said...

  • Dr Asim admits to ‘role’ in Karachi Stock Exchange crash, court told

    KARACHI: The National Accountability Bureau told an accountability court on Tuesday that former federal minister Dr Asim Hussain allegedly confessed to his ‘role’ in a Karachi Stock Exchange crash and named veteran stockbroker Jahangir Siddiqui and former privatisation minister Syed Naveed Qamar for illegal approval of a right issue through the Securities and Exchange Commission of Pakistan (SECP)...

    “Interrogated accused who...

  • The ‘good old days’ of Karachi’s stock exchange

    THE Karachi Stock Exchange (as the Pakistan Stock Exchange was formerly called) was established in 1947 coinciding with Pakistan’s independence...

    Along with the locals, the migrants from Bombay — where they traded in a flourishing stock business — were the first to seek membership of the newly established exchange...

  • Beverage firm allowed to clear stock in Ramazan

    The apex court allowed the makers of Rooh-i-Samar to do brisk business by clearing their stock during the month of Ramazan by offering their products in the market for selling domestically as well as internationally...

    A two-judge Supreme Court bench consisting of Justice Umar Atta Bandial and Justice Maqbool Baqir had taken up an appeal instituted by Mohammad Faheem of Cornish Foods Karachi, the makers of Rooh-i-Samar, against the...

  • KSE to become Pakistan Stock Exchange

    KARACHI: An extraordinary general meeting of the Karachi Stock Exchange (KSE) on Monday approved the resolution to change the name of KSE to Pakistan Stock Exchange...

    The meeting adopted a Special Resolution, to approve the schemes of integration of KSE with Lahore Stock Exchange (LSE) and Islamabad Stock Exchange (ISE), and to affect such changes, approving the amendments in Memorandum and Articles of Association of KSE...

  • Stock investors aren’t cheering

    KARACHI: The investors were taken aback by back-to-back blows delivered by Finance Minister Ishaq Dar on the country’s corporate sector and the stock market in his budget speech for 2015-16 on Friday...

    Former chairman Karachi Stock Exchange, Arif Habib says that investors’ confidence could initially be shaken but ‘after a while as the impact sinks into the psyche, the market might stabilise’...

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