The 10-year JGB yield rose 2 basis points to 0.050%, its highest level since late-June while the 20-year yield advanced 1.5 basis points to 0.440%, a high last seen on June 30
Shenzhen-traded January 2023 bond were halted from trading temporarily in the morning, after falling more than 20% in early trade, the Shenzhen Stock Exchange said in a statement
The five-year JGB yield fell 0.5 basis point to minus 0.105% as of 0517 GMT. The finance ministry sold about 2.5 trillion yen ($22.7 billion) of the securities at a highest yield of minus 0.101%
ADIA, which manages capital on behalf of the oil-rich Abu Dhabi government, does not disclose the value of its assets but the Sovereign Wealth Fund Institute
The ECB's Klaas Knot said late on Tuesday he expected the ECB to start reducing the pace of its emergency bond purchases at next week's meeting, with a view to ending them in March
The euro zone inflation increased to 3% year-on-year in August, the highest in a decade and far above the European Central Bank's 2% target and a 2.7% forecast by a Reuters poll
The 10-year JGB yield fell 0.5 basis point to 0.005%, while benchmark 10-year JGB futures rose 0.04 point to 152.39, with a trading volume of 11,650 lots
But minutes from the Federal Reserve's July meeting showed that policymakers in the United States felt the employment benchmark for decreasing support for the economy could be reached this year
Bond market focus is on data out of the United States, with a Reuters poll expecting retail sales to have fallen 0.2% month-on-month in July from a 0.6% increase in June
Data showed China's factory output and retail sales growth slowed sharply and missed expectations in July, as new COVID-19 outbreaks and floods disrupted business operations
An improving US labour market and speculation that the US Federal Reserve could soon start to unwind its bond buying stimulus has pushed up US and European bond yields
There was the prospect of more fiscal stimulus ahead as US senators worked to finalise a sweeping $1 trillion infrastructure plan that could pass this week
Investors this week will also focus on the Bank of England's monetary policy meeting on Thursday and the release of euro area flash PMI data on Friday.
Comments from ECB officials supporting the view that there is no hurry to taper the central bank's aggressive emergency stimulus continue to support mostly peripheral bonds.
This is really a big progress," Scholz told reporters at the beginning of talks with other euro zone finance ministers in Lisbon "We need an agreement. This will happen now.
Most Asian currencies were trading slightly stronger against the dollar on Friday but a recent poll showed bearish bets rising on several Asian units as rising COVID-19 cases have prompted lockdowns in several countries.
It proposed the global minimum tax as a way to minimize the impact of a higher US tax rate on the competitiveness of American companies and deter them from shifting operations or profits to lower-tax jurisdictions.
Emirates NBD Capital, First Abu Dhabi Bank, JPMorgan, HSBC, NCB Capital and Standard Chartered will arrange fixed-income investor calls starting on Tuesday.
S&P also highlighted that the full impact of the coronavirus crisis has yet to materialise and more requests for sukuk restructurings and maturity extensions, as well as higher default rates, are expected this year.
The Australian Office of Financial Management (AOFM), which manages the government's debt, said the 1.75%, Nov. 21, 2032 Treasury Bond was priced at a yield to maturity of 1.9%.
"The recent growth in life insurers placing business with offshore reinsurers has been a prudential concern, as APRA does not have regulatory authority over these reinsurers," the regulator's Deputy Chair Helen Rowell said.
China's debt is already increasingly popular with global investors, attracted by its yield and its relative insulation from movements in other bond markets.
A short burst of selling on Thursday morning was also seen with a brief spike in trading volumes in long-dated Treasury futures, while the five-year, 30-year Treasury yield curve steepened relatively sharply.
The company said the 200-meter tall turbines near Esbjerg will generate 62 gigawatt hours of electricity each year for Apple's data center in Viborg, with all surplus energy going to the Danish grid.
Proceeds from the bond sale, which initially raised 221.2 billion pesos at a Feb 9 auction for financial institutions and includes a bond exchange offer worth 51.5 billion pesos.
Some policymakers argue that the steady increase in bond yields is an unwarranted increase while others argue that it is a reflection of what is likely to be a robust recovery in both growth and inflation after the pandemic.
When the equity risk premium historically has been at the level it was on Tuesday, the S&P 500 has beaten the one-year return for the 10-year Treasury note by an average of 3.5%, according to Lerner.
"For life insurers, the current yield levels around 0.7%-0.8% are still not that attractive," said Masahiko Loo, portfolio manager at Alliance Bernstein.
The 10-year bond raised $1.5 billion and was priced at US 10-year Treasuries plus 100 basis points, while a 20-year tranche, Alibaba's first sustainable bond raised $1 billion at 100 basis points over the benchmark.
But analysts expect the premium to drop as the United States embarks on renewed economic stimulus and as Chinese authorities pledge to continue supporting the economy with ample liquidity.
The latest offering will have various maturities up to 40 years, the term sheet showed, adding it is expected to include a tranche of sustainability notes due in 2041.
The 10-year Treasury Inflation-Protected Securities' breakeven inflation rate, which briefly slipped below 2% last week, was last at 2.024%, indicating the market expects inflation to average more than 2% a year for the next decade, above the current pace of inflation.
8 German Bund yields, the benchmark for the euro zone, remained anchored around -0.51% on Monday, tracking US Treasury yields that also remained unchanged.
Yellen last month said the value of the dollar should be determined by markets, a break from departing President Donald Trump's desire for a weaker US currency.
India's economy is seen clocking robust growth of 11% for the coming fiscal year, after likely contracting 7.7% in the current fiscal year to March 31, an annual economic survey showed on Friday.
The California electric carmaker's stock rose nearly 5%, putting its market capitalization at $519 billion.
Tesla has become by far the world's most valuable automaker, despite production that is a fraction of Toyota Motor Corp , Volkswagen or General Motors Co.
The facility has been launched in partnership with FinScan, a global leader in providing technologies for combatting money laundering and financing of terrorism.
The launching of the Roshan Digital Accounts is a very good initiative and the State Bank must ensure that this turns out to be a success. In order to resolve the issues that are being faced by the NPRs, State Bank needs to improve their communication strategy so that all the concerns are addressed.
US Centers for Disease Control and Prevention head Robert Redfield said he expects there to be about 700 million doses of vaccines available by late March or April.
I think that's going to take us April, May, June, you know, possibly July, to get the entire American public completely vaccinated.
The push ramps up competition as financial technology (fin-tech) rivals and their deep-pocketed foreign backers struggle for profitability in a predominantly cash-based economy where about 190 million adults do not have bank accounts.
Data from the Fed on Thursday showed its peer banks around the world this week tapped it for the fewest dollars in nearly three months, and it was the main factor driving a surprise reduction in the Fed’s $7 trillion balance sheet - the first since Febr
Kohat Cement (PSX: KOHC) is by far one of the strongest cement players in the industry and its consistent growth, strong demand in the market and good management has given the company a leg up.
Kohat Cement (PSX: KOHC) is by far one of the strongest cement players in the industry and its consistent growth, strong demand in the market and good management has given the company a leg up.
Pakistan Stock Exchange remained under pressure during the first quarter of FY20 as it declined by 5.4 percent on quarter-on-quarter basis. During the start of quarter, IMF approved $6.6 billion EFF arrangement which led index to gain 3.0 percent in first
Pakistan Stock Exchange remained under pressure during the first quarter of FY20 as it declined by 5.4 percent on quarter-on-quarter basis. During the start of quarter, IMF approved $6.6 billion EFF arrangement which led index to gain 3.0 percent in first
Hascol Petroleum Limited (PSX: HASCOL) was incorporated as a private limited company on March 28, 2001 and was converted into a public unlisted company in 2007, while in 2014 Hascol was listed on Pakistan Stock Exchange Limited. The firm was granted an Oi
In 1956, the West Pakistan Industrial Development Corporation (WPIDC) established MapleLeaf Cement (PSX: MLCF) with an initial production capacity of 300,000 tons per annum. Later it was merged by the State Cement Corporation of Pakistan (SCCP) with White
In 1956, the West Pakistan Industrial Development Corporation (WPIDC) established MapleLeaf Cement (PSX: MLCF) with an initial production capacity of 300,000 tons per annum. Later it was merged by the State Cement Corporation of Pakistan (SCCP) with White
Interloop (PSX: ILP) commenced operations in 1992 as a private limited company and subsequently it was converted into public limited company on 18th July, 2008. The company through an Initial public offering (free float of 12.5 percent) was later listed o
Interloop (PSX: ILP) commenced operations in 1992 as a private limited company and subsequently it was converted into public limited company on 18th July, 2008. The company through an Initial public offering (free float of 12.5 percent) was later listed o
The Securities and Exchange Commission of Pakistan (SECP), in view to foster capital market development and broadening investor base, has approved revision in tariff structures of National Clearing Company of Pakistan Limited (NCCPL) and Central Depositor
Investors ended a 3-week retreat from Wall Street last week by sending nearly $8.6 billion into mutual funds and exchange-traded funds that hold US stocks, according to data released Wednesday by the Investment Company Institute.
Investors ended a 3-week retreat from Wall Street last week by sending nearly $8.6 billion into mutual funds and exchange-traded funds that hold US stocks, according to data released Wednesday by the Investment Company Institute.
Pakistan's first and largest asset management company, National Investment Trust Ltd (NITL) has announced that all branches of NIT are now online, with the objective of expanding its outreach to the investors and providing convenience to their unit holder
Bestway Cement Limited (PSX: BWCL) is a market leader in the cement industry, not only in terms of capacity but also in terms of sales. In FY18, the company had 18.6 percent share in the market, which dropped slightly to 18.1 percent in FY19 but still com
Adnan Afridi has more than two decades of international experience in change management, business transformation, innovation and profitability enhancement in blue chip companies, public sector and start-up situations. His career in financial services and
A bullish trend continued on the Pakistan Stock Exchange Thursday. The KSE-100 Index closed on a strong positive note with healthy gains on the back of fresh buying in almost all sectors. BRIndex100 gained 75.08 points or 2.33 percent to close at 3,302.79
A bullish trend continued on the Pakistan Stock Exchange Thursday. The KSE-100 Index closed on a strong positive note with healthy gains on the back of fresh buying in almost all sectors. BRIndex100 gained 75.08 points or 2.33 percent to close at 3,302.79
A bullish trend continued on the Pakistan Stock Exchange Thursday. The KSE-100 Index closed on a strong positive note with healthy gains on the back of fresh buying in almost all sectors. BRIndex100 gained 75.08 points or 2.33 percent to close at 3,302.79
Adnan Afridi has more than two decades of international experience in change management, business transformation, innovation and profitability enhancement in blue chip companies, public sector and start-up situations. His career in financial services and
The Chinese yuan's tumble is stirring hopes of a long-awaited volatility boost for forex markets but any rise will be too late for the currency funds that have shut down this year, and it may be too small to hold out much hope for those that remain.
A decline in interest rates on long-term US government bonds below the average stock dividend yield has received less attention than an inverted Treasury yield curve, but it could be a reason stocks find support after a bruising August. After the S&P 500
Despite some brief flashes of characteristic brilliance (in mid-August), the KSE-100 Index has declined by 11 percent during year-to-date (YTD) FY20, analysts said. Among the major sectors, oil and gas upstream and downstream were the worst performers, wi
Despite some brief flashes of characteristic brilliance (in mid-August), the KSE-100 Index has declined by 11 percent during year-to-date (YTD) FY20, analysts said. Among the major sectors, oil and gas upstream and downstream were the worst performers, wi
Despite some brief flashes of characteristic brilliance (in mid-August), the KSE-100 Index has declined by 11 percent during year-to-date (YTD) FY20, analysts said. Among the major sectors, oil and gas upstream and downstream were the worst performers, wi
The Chinese yuan's tumble is stirring hopes of a long-awaited volatility boost for forex markets but any rise will be too late for the currency funds that have shut down this year, and it may be too small to hold out much hope for those that remain. Curre
The State Bank of Pakistan (SBP) on Thursday said that the necessary stabilization measures may further slow down the pace of economic activity and the external account imbalances and related uncertainties are likely to have repercussions for the financia
Farid Ahmed Khan, a prominent corporate leader, fund manager and investment banker, has been appointed the new Chief Executive Officer (CEO) of the Bank by FINCA Pakistan's Board of Directors.
The State Bank of Pakistan (SBP) on Thursday said that the necessary stabilization measures may further slow down the pace of economic activity and the external account imbalances and related uncertainties are likely to have repercussions for the financia
Pakgen Power Limited (PSX: PKGP) is an IPP with principal activity to own, operate and maintain a 365MW oil fired power station in Muzaffargarh, Punjab. It was incorporated in 1995 with head office in Lahore. Its commercial operations started in early 199
Pakgen Power Limited (PSX: PKGP) is an IPP with principal activity to own, operate and maintain a 365MW oil fired power station in Muzaffargarh, Punjab. It was incorporated in 1995 with head office in Lahore. Its commercial operations started in early 199
Matco Foods Limited (PSX: MFL) was incorporated as a private limited company under the repealed Companies Ordinance, 1984 (now Companies Act, 2017), on April 14, 1990. It was converted into a public limited company in July 2017, finally applying for listi
Gadoon textile Mills Limited (PSX: GADT) was incorporated in 1988 by Yunus Brothers Group (YBG) as a yarn producing spinning mill. YBG is a conglomerate with domestic presence, formed in 1962 as a trading house, which over the course of four decades ventu
Being among the pioneering and leading insurance companies, EFU General Insurance Limited (PSX: EFUG) has come out well amid increased competition in the general insurance segment. The firm was incorporated in 1932 and is part of the largest insurer group
Premier Sugar Mills & Distillery Company Limited (PSX: PMRS) was incorporated as a public company is the second sugar mill to be incorporated in the region that came to be known as West Pakistan. The sugar factory and registered offices are located in dis
Premier Sugar Mills & Distillery Company Limited (PSX: PMRS) was incorporated as a public company is the second sugar mill to be incorporated in the region that came to be known as West Pakistan. The sugar factory and registered offices are located in dis
The Securities and Exchange Commission of Pakistan (SECP), being the apex regulator, is monitoring the stock market situation and deliberating reforms for enhancing liquidity and removing practical difficulties, sources said.
The Securities and Exchange Commission of Pakistan (SECP), being the apex regulator, is monitoring the stock market situation and deliberating reforms for enhancing liquidity and removing practical difficulties, sources said.
Speakers at the ceremony of 'Best Corporate and Sustainability Report 2018 Awards' said that high-quality, transparent financial reporting is fundamental to building trust in the capital markets and to making investment decisions. The event was jointly or
CHCC) started as a small cement firm with a production capacity of 1100 tons per day (about 300,000 tons annually). After going through a series of expansions with the line-II and line-III added during FY17 and FY19-the third production line has 2 million
The Securities and Exchange Commission of Pakistan (SECP), being the apex regulator, is monitoring the stock market situation and deliberating reforms for enhancing liquidity and removing practical difficulties, sources said.
Introduction Dewan Sugar Mills Limited (PSX: DWSM) was incorporated as a public limited company in 1982 and commenced commercial operations in 1987 after listing on the then Karachi and Lahore Stock Exchanges. Its registered offices are located in
Introduction Dewan Sugar Mills Limited (PSX: DWSM) was incorporated as a public limited company in 1982 and commenced commercial operations in 1987 after listing on the then Karachi and Lahore Stock Exchanges. Its registered offices are located in
Bearish trend continued on Pakistan Stock Exchange due to panic selling on investors concerns over geopolitical situation. BRIndex100 lost 64.88 points or 2.06 percent to close at 3,084.61 points on Thursday. During the session, the BRIndex-100 touched an
Bearish trend continued on Pakistan Stock Exchange due to panic selling on investors concerns over geopolitical situation. BRIndex100 lost 64.88 points or 2.06 percent to close at 3,084.61 points on Thursday. During the session, the BRIndex-100 touched an
Bearish trend continued on Pakistan Stock Exchange due to panic selling on investors concerns over geopolitical situation. BRIndex100 lost 64.88 points or 2.06 percent to close at 3,084.61 points on Thursday. During the session, the BRIndex-100 touched an
Lalpir Power Limited (PSX: LPL) It is part of the reputable Mansha Group, which also has power companies like Pakgen Power Limited, Nishat Power Limited and Engen Private Limited as part of its portfolio. It is a power producer with the principal activiti
Lalpir Power Limited (PSX: LPL) It is part of the reputable Mansha Group, which also has power companies like Pakgen Power Limited, Nishat Power Limited and Engen Private Limited as part of its portfolio. It is a power producer with the principal activiti
Total assets of 327 entities operating under Non-Banking Finance Institutions (NBFIs) stood at Rs 1,137.85 billion as on July 1, 2019. According to the latest document of the NBFI industry issued by the SECP here on Tuesday, 23 Asset Management Companies
Battery manufacturer, Exide Pakistan (PSX: EXIDE) was incorporated in 1953 in association with Chloride Group PLC of the United Kingdom. The Chloride group had associates worldwide across 35 destinations and was supported by Chloride Technical. Exide Paki
Battery manufacturer, Exide Pakistan (PSX: EXIDE) was incorporated in 1953 in association with Chloride Group PLC of the United Kingdom. The Chloride group had associates worldwide across 35 destinations and was supported by Chloride Technical. Exide Paki
Sakrand Sugar Mills Limited (PSX:SKRS) was the third sugar mill to be established in district Shaheed Benazirabad (formerly Nawabshah) of Sindh province. Incorporated in 1989, it is a mid-sized unit with installed crushing capacity close to 865,000 metric
Sakrand Sugar Mills Limited (PSX:SKRS) was the third sugar mill to be established in district Shaheed Benazirabad (formerly Nawabshah) of Sindh province. Incorporated in 1989, it is a mid-sized unit with installed crushing capacity close to 865,000 metric
Investors retreated from the US stock market last week despite the benchmark S&P 500 reaching new record highs, pulling nearly $9.1 billion from mutual funds and exchange-traded funds that hold domestic stocks, according to data released Wednesday by the
Investors retreated from the US stock market last week despite the benchmark S&P 500 reaching new record highs, pulling nearly $9.1 billion from mutual funds and exchange-traded funds that hold domestic stocks, according to data released Wednesday by the
Located in Hub, Balochistan, Attock Cement (PSX: ACPL) is one of a mid-range manufacturers of cement with operations established in 1981 and commercial production starting in 1988 with a capacity of 0.6 million tons per annum. Attock's cement is popularly
Located in Hub, Balochistan, Attock Cement (PSX: ACPL) is one of a mid-range manufacturers of cement with operations established in 1981 and commercial production starting in 1988 with a capacity of 0.6 million tons per annum. Attock's cement is popularly
The Securities and Exchange Commission of Pakistan (SECP) while ordering disciplinary action against sales staff involved in mis-selling has observed that the practice of some sales agents to highlight the returns more without highlighting the associated
Investors edged into the US stock market last week, as the benchmark S&P 500 index hovered near record highs, by adding $1.1 billion into mutual funds and exchange-traded funds that hold domestic stocks, according to data released Wednesday by the Investm
A leading automotive parts manufacturer, Agriauto Industries Limited (PSX: AGIL) was incorporated in 1981 and supplies components for automotive vehicles, motorcycles and agricultural tractors to both the original equipment manufacturers (OEM) and the rep
The investment of mutual funds industry in the money market is gradually increasing due to attractive margins followed by higher interest rate. Industry sources said that currently, money market not only offering a lucrative profit to Asset Management Com
The investment of mutual funds industry in the money market is gradually increasing due to attractive margins followed by higher interest rate. Industry sources said that currently, money market not only offering a lucrative profit to Asset Management Com
The investment of mutual funds industry in the money market is gradually increasing due to attractive margins followed by higher interest rate. Industry sources said that currently, money market not only offering a lucrative profit to Asset Management Com
The investment of mutual funds industry in the money market is gradually increasing due to attractive margins followed by higher interest rate. Industry sources said that currently, money market not only offering a lucrative profit to Asset Management Com
Hi-Tech Lubricants Limited (PSX: HTL) is one of the leading synthetic engine and machinery lubricant marketing company of Pakistan with a sizeable market share in lubricants market. Its product portfolio under brand name "ZIC" includes a wide range of spe
Pakistan Refinery Limited (PSX: PRL) was incorporated as a public limited company in 1960. Located on the coastal belt of Karachi, the refinery is operating at two locations; the main processing unit is located at Korangi Creek with supporting crude berth
Pakistan Refinery Limited (PSX: PRL) was incorporated as a public limited company in 1960. Located on the coastal belt of Karachi, the refinery is operating at two locations; the main processing unit is located at Korangi Creek with supporting crude berth
Investors waded back into the US stock market by buying mutual funds and exchange-traded funds that hold domestic stocks last week after pulling out the largest amount of net assets since 2014 the week before, according to data released on Wednesday by th
Pakistan Stock Exchange Tuesday remained under pressure for most of the time, however it managed to close on a positive note due to select buying at the fag end. BRIndex100 gained 5.62 points or 0.16 percent to close at 3,444.63 points. BRIndex100 touched
Pakistan Stock Exchange Tuesday remained under pressure for most of the time, however it managed to close on a positive note due to select buying at the fag end. BRIndex100 gained 5.62 points or 0.16 percent to close at 3,444.63 points. BRIndex100 touched
Among major autoparts manufacturers, Loads Limited (PSX: LOADS) is a prominent name. Established in 1979, the company started commercial production in 1985. The company manufacturers exhaust systems, mufflers, radiators and sheet metal components for the
Pakistan Stock Exchange Tuesday remained under pressure for most of the time, however it managed to close on a positive note due to select buying at the fag end. BRIndex100 gained 5.62 points or 0.16 percent to close at 3,444.63 points. BRIndex100 touched
US investors pulled the largest net amount of assets from mutual funds and exchange-traded funds that hold domestic stocks in more than five years last week even as the US equity market hit record highs, according to data released Wednesday by the Investm
US investors pulled the largest net amount of assets from mutual funds and exchange-traded funds that hold domestic stocks in more than five years last week even as the US equity market hit record highs, according to data released Wednesday by the Investm
K-Electric Limited (PSX: KEL) is the only vertically-integrated power utility in Pakistan having generation, distribution and transmission functions. Formerly known as the Karachi Electric Supply Corporation, KEL was established in 1913, to meet the power
K-Electric Limited (PSX: KEL) is the only vertically-integrated power utility in Pakistan having generation, distribution and transmission functions. Formerly known as the Karachi Electric Supply Corporation, KEL was established in 1913, to meet the power
Part of the Atlas group, Atlas Battery (PSX: ATBA) started out as Shirazi Investments and is today a leading player in the auto parts and accessories sector specialising in the manufacturing of batteries for cars, motorcycles, heavy vehicles (tractors, bu
With head office in Lahore, Pakgen Power Limited (PSX: PKGP) was incorporated in 1995, while the company started commercial operations in early 1998. The principal activity of the power company is to own, operate and maintain a 365MW oil fired power stati
With head office in Lahore, Pakgen Power Limited (PSX: PKGP) was incorporated in 1995, while the company started commercial operations in early 1998. The principal activity of the power company is to own, operate and maintain a 365MW oil fired power stati
Mohammad Shoaib, CFA, the CEO of Al Meezan Investment Management Limited (Al Meezan) under the authority delegated by the Board of the Companies pleased to announce interim payout of Rs 181 crores for the unit holders of following Open End Funds/Plans for
Sazgar Engineering Works Limited (PSX: SAZEW) is the leading three-wheeler manufacturer in Pakistan manufacturing auto rickshaws, automotive wheel rims used in tractors and household electric appliances. The company was incorporated in 1991 and only a few
Sazgar Engineering Works Limited (PSX: SAZEW) is the leading three-wheeler manufacturer in Pakistan manufacturing auto rickshaws, automotive wheel rims used in tractors and household electric appliances. The company was incorporated in 1991 and only a few
Central Depository Company of Pakistan Limited (CDC) has significantly reduced its service tariff for the mutual fund industry up to 57 percent applicable to different categories of funds. Apart from the said reduction, CDC has also rationalized the trus
Central Depository Company of Pakistan Limited (CDC) has significantly reduced its service tariff for the mutual fund industry up to 57 percent applicable to different categories of funds. Apart from the said reduction, CDC has also rationalized the trus
The government has introduced some major amendments in the Finance Bill 2019 including changes in Assets Declaration Act 2019, applicability of condition of CNIC from un-registered buyers from August 1, 2019, enactment of the Public Finance Management Act
The government has introduced some major amendments in the Finance Bill 2019 including changes in Assets Declaration Act 2019, applicability of condition of CNIC from un-registered buyers from August 1, 2019, enactment of the Public Finance Management Act
The government has introduced some major amendments in the Finance Bill 2019 including changes in Assets Declaration Act 2019, applicability of condition of CNIC from un-registered buyers from August 1, 2019, enactment of the Public Finance Management Act