SEOUL: South Korean stocks closed higher Wednesday as foreign investors turned net buyers on growing hopes for a breakthrough in meetings between Greece and its European creditors over a revision of its bailout package, analysts said. The local currency weakened against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) scored 9.84 points, or 0.51 percent, to finish at 1,945.70. Trading volume was light at 296.67 million shares worth 4.13 trillion won (US$3.76 billion), with gainers surpassing decliners 508 to 305.
Pakistan to get $3b loan from Islamic Trade Financing Corporation
ISLAMABAD: Islamic Trade Financing Corporation (ITFC) to provide Pakistan with a $3 billion loan, according to an official statement released...
