Business

PARIS: Global airline body IATA said that the crisis deepened for airlines in January, as international traffic plunged 86% in the month compared to pre-crisis levels, and domestic air traffic was down 47%. New variants of the coronavirus forced governments to tighten travel restrictions across the world, hurting the outlook for airlines, the group warned.

A single tola of 24-karat gold in Pakistan is being sold for Rs108,250 on Tuesday, March 2. Photo: ReutersA single tola of 24-karat gold in Pakistan is being sold for Rs107,200. 10 grams of 24k gold was traded at Rs91,907. 10 grams of 22k gold was sold for Rs84,248. KARACHI: A single tola of 24-karat gold in Pakistan is being sold for Rs107,200 on Tuesday, March 2, at the closing of bullion market.

TOKYO: Oil prices rose on Monday as the slow return of US crude output that was cut by frigid conditions raised concerns about supply just as demand is coming back from the depths of the coronavirus pandemic. Brent crude was up 76 cents, or 1.2%, at $61.67 a barrel by 0104 GMT, after gaining nearly 1% last week.

10 grams of 24k gold is being sold for Rs94,564 at the opening of trading. Photo: Reuters/FileA single tola of 24-karat gold in Pakistan is being sold for Rs110,300 on Thursday 10 grams of 24k gold is being traded at Rs94,564 at the opening of trading 10 grams of 22k gold is being sold for Rs86,684.

KARACHI: The per tola gold price on Thursday witnessed an increase of Rs100 to Rs111,200 in the domestic market, ARY News reported. Sharing the price of the precious metal, All Pakistan Jewelers Manufacturers Association Chairman Muhammad Arshad said that the rate of 10 grams of gold increased by Rs81 to Rs94,474 today.

CAIRO: Foreign Minister Shah Mahmood Qureshi said Tuesday the Egyptian companies can benefit and earn profits by investing in the many sectors  in which Pakistan has offered ample opportunities for investment, ARY News reported. Sectors, including the construction of houses, energy, and health have been open for foreign investments, said FM Qureshi as a delegation of distinguished Egyptian businessmen and entrepreneurs called on him on his two-day Egypt visit.

Likewise, 10 grams of 24k gold was sold for Rs95,336 at the opening of trading. Photo: Reuters/File KARACHI: A single tola of 24-karat gold in Pakistan is being sold for Rs111,200 on Wednesday, February 17, at the opening of the bullion market. Read more: Gold closes trading at Rs111,200 per tola in Pakistan on February 16 Likewise, 10 grams of 24k gold is being sold for Rs95,336 at the opening of trading.

SINGAPORE: Bitcoin hit a new record high $60 shy of $50,000 on Tuesday, extending a sharp rally that has been mostly fuelled by big investors beginning to take digital assets seriously. The first and most famous cryptocurrency, bitcoin hit $49,938 and has gained roughly 70% this year, most of that after electric carmaker Tesla said it bought $1.5

A picture of gold plates. Photo: File KARACHI: A single tola of 24-karat gold in Pakistan was sold for Rs111,200 on Tuesday, February 16, at the closing of the bullion market. Likewise, 10 grams of 24k gold was sold for Rs95,336 at the closing of trading. Meanwhile, 10 grams of

KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $80 million compared with $13,031 million in the previous week, ARY News reported. According to the data released by the central bank, net reserves held by the SBP stood at $12,949 million. Overall liquid foreign reserves held by the country stood at US$ 20.07