Stories from Salman Siddiqui
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Despite odds, Pakistan may keep its position in MSCI EM index
Improvement in market liquidity, economic stabilisation key to sustaining current status
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Gold jumps Rs1,300 per tola to Rs70,500 as demand soars
Meanwhile, rupee falls to Rs145 to the greenback during intra-day trading
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Remittances hit six-month high in April, amount to $1.78b
Banker remains dissatisfied, saying inflows should have been much higher
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Rupee weakens to 142.7 against dollar in open market
Currency depreciation leads to a rise of Rs1,200 in per-tola price of gold
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CPEC’s first power project mired in financial difficulties
Part of working capital is stuck in circular debt; rupee fall causes loss on coal import
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Further rupee fall, interest rate hike expected
Research house sees 13-17% depreciation and 1.25-percentage-point rise in rate
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Market watch: KSE-100 sheds 596 points as investors brace for tough IMF bailout
Investors opt for panic selling due to developments on economic front
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PSX outlook remains gloomy ahead of tough IMF programme
Experts say index is yet to bottom out amid massive changes in top economic team
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Pakistan’s only deep-water port enters phase II of expansion
Hutchison Ports Pakistan will double installed capacity to 3.4m TEUs by end 2020
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PSX board to decide fate of MD next week
Morin is accused of serving in a Canadian company at the same time