Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Thursday (December 06, 2012).
Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Guwar prices were sharply higher on the wholesale grain market on Thursday in the process slow trading, dealers said. On the grams side, Guwar low type lost Rs 1500 to Rs 13000 and the best type was down by Rs 2000 to Rs 14000, Bajra low type gained Rs 10
The Karachi Port handled 43,782 tonnes of cargo comprising 19,178 tonnes of import cargo and 24,604 tonnes of export cargo including 2,574 loaded & empty containers during the last 24 hours ended at 0700 hours on Thursday. The total import cargo of 19,178
The December contract was unchanged and the January vaida was higher on the forward cottonseeds oilcake market on Thursday in the process of trading, dealers said. The December vaida closed at Rs 444.00 as it opened with no change at same amount, they sai
Downward trend witnessed on cotton market on Thursday as the ginners unnerved after the Cotton Crop Assessment Committee (CCAC) report, which indicating a rise in total production against the last year, dealers said. Official spot rate was unchanged at Rs
Lint prices were easier and adopted a barely steady posture on Thursday with turnover volume having also decreased, even though New York cotton futures were ruling firmly. The Cotton Crop Assessment Committee in Islamabad said this week that Pakistan woul
Lint prices were easier and adopted a barely steady posture on Thursday with turnover volume having also decreased, even though New York cotton futures were ruling firmly. The Cotton Crop Assessment Committee in Islamabad said this week that Pakistan woul
HSBC Holdings Plc might pay a fine of $1.8 billion as part of a settlement with US law-enforcement agencies over money-laundering lapses, according to several people familiar with the matter. The settlement with Europe's biggest bank - which could be anno
German carmarker Daimler raised over $2 billion from a lightning sale of shares in Airbus parent EADS on Thursday, making it the first beneficiary of a shake-up of the European aerospace company that sent EADS shares higher. Daimler's sale of a 7.5 percen
High household debt and a heated housing market remain the biggest domestic threats to Canada's financial system, the Bank of Canada said on Thursday, despite tighter mortgage rules introduced by the government in July.
The United States filed a complaint against Argentina's trade barriers at the World Trade Organisation Thursday, joining Japan and the European Union in an attack on Buenos Aires's import licensing rules. Washington asked the WTO to launch a dispute resol
Cyprus's recession will extend through 2013 as austerity measures taken under an EU/IMF bailout weigh, even as they lay the foundations for future growth, its finance minister said on Thursday. Vassos Shiarly said 2013 would also be "particularly difficul
Scott Henry blasted an unbeaten 172 and Glenn Maxwell cracked 91 as a Chairman's XI gave the touring Sri Lankans a tough initiation to their Australian tour in Canberra on Thursday. The invitational side amassed 390 for four off 90 overs to subject the Sr
Former hockey greats on Thursday hailed national team's win against World Champions Germany in the quarter final of FIH Champions Trophy in Melbourne, Australia and said that after a long time Pakistan outfit had started fighting like a unit. "The kind of
Less than seven months after celebrating a first Champions League triumph to satisfy owner Roman Abramovich's thirst for continental dominance, Chelsea became European chumps on Wednesday despite a rip-roaring but irrelevant finale. A 6-1 rout of Nordsjae
Pakistan dumped Olympic champions Germany on Thursday to reach the Champions Trophy semi-finals along with holders Australia, India and the Netherlands. Pakistan got a 2-1 quarter-final victory over the Germans to set up a second encounter with the Dutch
Captain Pat Rafter will not select troubled Bernard Tomic for Australia's opening Davis Cup tie next year amid concerns over his on and off-court behaviour, Tennis Australia said on Thursday. Tomic, 20, has fallen foul of Tennis Australia several times ov
The world famous Japanese wrestler Muhammad Hussain Inoki appreciated the hospitality by people of Khyber-Pakhtunkhwa for visiting Japanese wrestlers team as they are very peace loving and hospitable. This he stated during his visit to Government Higher S
Phil Hughes was Thursday handed another chance to resurrect his Australian career after being recalled as a replacement for Ricky Ponting in next week's first Test against Sri Lanka. Hughes, who has played for his country 17 times as an opener but not sin
Sanfrecce Hiroshima beat part-timers Auckland City 1-0 at the Club World Cup on Thursday in a landmark match at which goal-line technology was available to the referee for the first time ever. The J-League winners proved too strong for their New Zealand o
UEFA's executive committee has given the green light to holding the European championships in 2020 across the continent, the ruling body's secretary-general Gianni Infantino said on Thursday. Former French captain Michel Platini, who is president of UEFA,
The Australian dollar rose towards a two-month high on Thursday in the wake of a surprisingly strong jobs report, while its kiwi counterpart scaled a one-month peak after the Reserve Bank of New Zealand sounded more balanced, than dovish, on policy.
The People's Bank of China forced the yuan to end lower against the dollar on Thursday, but trading remained deadlocked at the day's limit-up level as the market baulked at doing transactions at the rates decided by the central bank, traders said. The yua
The euro slipped in Asian trade on Thursday, moving further away from both a seven-week high against the dollar and a 7-1/2-month high against the yen hit in the previous session, as investors awaited a European Central Bank policy meeting. "Ahead of the
The euro was steady against the dollar on Thursday but seen vulnerable to any hint of further interest rate cuts from the European Central Bank at its regular post-policy meeting news conference. The ECB kept interest rates on hold, but this was widely ex
The euro was headed for its sharpest drop against the dollar in a month on Thursday after comments from the European Central Bank chief and a downgrade to the region's growth and inflation forecasts boosted expectations of an interest rate cut. Political
The euro slipped from a seven-week high against the dollar on Wednesday after a disappointing Spanish bond auction and weak eurozone economic data caused investors to bet the single currency had risen too far, too fast in recent days. Optimism that Greece
Interbank buy/sell rates for the taka against the dollar on Thursday. 81.00-81.01 (previous 81.00-81.16). Call Money Rates: 07.75-08.00 percent (previous 06.00-08.50 percent.
The Indian rupee rose for a third session on Thursday, marking its sixth rise in seven days, as the decision of a key ally to support the government on the retail FDI issue in the upper house is likely to help the government win the vote. On Wednesday, In
Most emerging Asian currencies sagged on Thursday, with the Philippine peso taking a breather after a recent rally and the South Korean down in part due to jitters over potential central bank intervention. Asian currencies slipped after a disappointing Sp
Sterling gained against the euro on Thursday after ECB chief Mario Draghi painted a grim picture of the euro zone economy and said policymakers had discussed negative deposit rates, weakening the common currency. The euro fell to a session low of 80.66 pe
Egypt's bourse tumbled on Thursday after clashes between political parties killed five, spooking regional investors, while other Gulf markets were lacklustre. Opponents of President Mohamed Morsi and his Islamist supporters clashed on Wednesday night and
The Nikkei share average climbed to a seven-month closing high above the 9,500 mark on Thursday, encouraged by a yen kept weaker through persistent speculation that the central bank would adopt bolder action to pull Japan out of deflation under a likely n
US stocks managed slight gains by midday on Thursday as Broadcom's upbeat guidance and a turnaround in Apple shares helped lift technology stocks, while investors monitored news from Washington for signs of progress on the "fiscal cliff" negotiations.
A volatile trading session ended with US stocks mostly higher on Wednesday, even as Apple, the most valuable company in the United States, suffered its worst day of losses in almost four years. In a strange occurrence, Apple accounted for the entirety of
Taiwan stocks retreated 0.3 percent on Thursday as most electronics makers weakened, pulling back from a nine-week closing high on Wednesday. The main TAIEX index ended down 25.79 points at 7,623.26, marking its first fall in 11 sessions. Electronics and
US Treasuries prices rose on Wednesday with observers citing concern that US lawmakers might not avoid a set of spending cuts and tax hikes set for the new year that would likely damp economic growth. However, stocks were said to be up at least partly on
US Treasuries prices rose on Wednesday with observers citing concern that US lawmakers might not avoid a set of spending cuts and tax hikes set for the new year that would likely damp economic growth. However, stocks were said to be up at least partly on
Seoul shares rose marginally to touch a fresh seven-week high on Thursday, led by gains in steel stocks, as investors waited on signs of progress in stalled US budget talks. Steel shares extended gains after China's next president said on Tuesday the stat
Chinese shares slipped from three-week highs on Thursday, knocking Hong Kong off its highest in more than a year, as liquor makers came under renewed pressure over contamination fears. Investors, however, continued to buy into Chinese financial and urbani
The FTSEurofirst 300 index of top European shares posted an 18-month closing high on Thursday, with positive technicals, an improving global economic outlook and attractive valuations raising equities' appeal. The widely-tracked index finished 0.7 percent
Southeast Asian stock markets ended higher on Thursday, led by banks, with the Philippines hitting a record high on hopes the United States would avert a looming fiscal crisis. President Barack Obama on Wednesday said a deal to avert the so-called fiscal
Indian shares rose for a third day after a key government ally said it would support foreign direct investment in supermarkets in a vote on Friday in the upper house of parliament. Shares were down for most of the day before rebounding on news the Bahujan
Britain's top share index hit a two-month high on Thursday, fuelled by risk-sensitive stocks, but lagged European peers as wary investors met resistance around previous year highs. At the close, the FTSE 100 was up 9.34 points at 5,901.42. The index's 0.2
British finance minister George Osborne defended his handling of the economy on Thursday after Fitch warned that his latest austerity budget had sparked questions over the nation's top AAA credit rating. Chancellor of the Exchequer Osborne said in his bud
A politically charged deal between the French government and ArcelorMittal to preserve jobs at an ailing steelworks looked at risk of unravelling on Thursday after the global steel giant ditched a bid to run an EU-funded project there. ArcelorMittal, 40-p
Unemployment in Greece climbed to a new record of 26 percent in September, topping that of Spain to become the highest in the euro area, data by Greece's statistics service ELSTAT showed on Thursday. Greece's jobless rate has almost tripled since it start
German exports of cars and machinery helped shield the Eurozone from a deeper recession in the third quarter while companies emptied warehouses and cut investments, showing the role of trade in driving any recovery. Confirming a 0.1 percent contraction in
France's unemployment rate rose to 10.3 percent in the third quarter of 2012, its highest since the third quarter of 1999, from 10.2 percent in the previous quarter, data published by national statistics office INSEE showed on Thursday. The jobless figure
South Africa's biggest retail bank Absa, majority-owned by Barclays Plc, has reached an all-share deal to acquire the British bank's operations in Africa to allow it to expand on the continent and catch up with rivals. As part of a $2.1 billion deal first
Australian employment outstripped expectations for a second month in November and the jobless rate surprised everyone with a drop to 5.2 percent, an encouraging report that could lessen the urgency for more rate cuts. The local dollar rose a third of a US
Aircraft engine maker Rolls-Royce on Thursday warned it may be prosecuted over alleged "malpractice" in Indonesia and China after passing on information related to bribery concerns to Britain's fraud office. "It is too early to predict the outcomes, but t
Canadian manufacturer Bombardier announced Thursday the sale of 40 CRJ900 NexGen aircraft to Delta Air Lines, which could rise to 70 jets if all options are converted to firm orders. The deal is worth between US $1.85 billion to US $3.29 billion. The regi
Global food markets face further volatility in 2013 as stocks and supply of key cereals have tightened, the United Nations food agency said on Thursday, even as world food prices fell for a second month in November to their lowest since June. The Food and
The number of Americans filing new claims for unemployment benefits last week fell back to the pre-superstorm Sandy range, suggesting a return to modest job growth after a storm-related set back. Initial claims for state unemployment benefits dropped 25,0
British police arrested top publicist Max Clifford on suspicion of sexual offences Thursday, his lawyer said, adding that the man best known for helping scandal-hit celebrities would cooperate with detectives. Clifford was arrested as part of a wider inve
Jordan's King Abdullah II flew in to the West Bank city of Ramallah on Thursday for the first visit by a top foreign leader since the Palestinians gained upgraded United Nations status. The monarch arrived by military helicopter from Jordan, landing at th
Thieves have made off with several US-made engines for F-16 warplanes worth millions of dollars from an airbase in central Israel, army radio reported on Thursday. Israel's Walla Internet site said preliminary findings after an investigation by military p
China will allow transit passengers from 45 countries including the US, Canada and most members of the EU to spend up to 72 hours in Beijing without a visa from next month, city authorities said. The move would "strongly spur the development of the touris
The United States has deployed naval ships equipped with ballistic missile defences and is monitoring North Korea "very closely" ahead of an anticipated rocket launch, the head of US Pacific Command said Thursday. It was "logical" that US naval ships in t
Western powers are whipping up fears of a fateful move to the use of chemical weapons in Syria's civil war as a "pretext for intervention", President Bashar al-Assad's deputy foreign minister said on Thursday. He spoke as Germany's cabinet approved statio
A military plane has crashed in South Africa's mountainous east, killing 11 officers, the air force Thursday. "On board the aircraft was a crew of six and five passengers and it was confirmed that there are no survivors," the Air Force said in a statement
Iraq's Prime Minister Nuri al-Maliki said he wanted to improve strained ties with neighbouring Turkey, but warned Ankara in a newspaper interview not to interferre in Iraq's internal affairs In the latest sign of worsening relations between Iraq and Turke
A Bosnian court on Thursday sentenced an Islamist who opened fire at the US embassy in Sarajevo last year to 18 years in prison. "Mevlid Jasarevic committed a terrorist act by shooting 105 bullets over 50 minutes towards the American embassy," judge Brank
A young television news presenter was shot dead in a city centre in Russia's volatile North Caucasus, the latest deadly attack against a journalist to shock the region, officials said Thursday. President Vladimir Putin said that the killing of 28-year-old
US Secretary of State Hillary Clinton on Thursday issued a sharp warning to European and central Asian nations that some countries were backsliding on democratic values and human rights. "I see a growing concern for the future of this organisation and the
Iranian oil tankers are sending incorrect satellite signals that confuse global tracking systems and appear to conceal voyages made by other ships to Syria, which, like Iran, is subject to international sanctions. The two countries are close allies and ha
Iranian oil tankers are sending incorrect satellite signals that confuse global tracking systems and appear to conceal voyages made by other ships to Syria, which, like Iran, is subject to international sanctions. The two countries are close allies and ha
US cotton futures were slightly higher on Wednesday, trading in a narrower range as volumes dropped and investors became more nervous as the US harvest nears its end and uncertainty over the US budget talks heighten. Prices, which have been stuck between
The most-traded March copper contract on the Shanghai Futures Exchange slipped 0.62 percent to 57,400 yuan ($9,200) a tonne on Thursday. China's large copper smelters are offering 2013 exports of copper at cheaper premiums as they compete with major suppl
Copper fell on Thursday along with a drop in the euro after the European Central Bank sharply downgraded its outlook for the region's economy, and on investor anxiety over the slow progress in budget negotiations in the United States. The ECB said the eur
Oil prices fell on Thursday as the downside risk to the euro zone economic outlook reinforced worries about demand for petroleum, while uncertainty about budget negotiations in the United States continued to stoke investor caution. The European Central Ba
Tokyo rubber futures ended lower on Thursday, slipping from a seven-week high hit the previous day, as weak economic data from the United States and Europe raised concerns about demand. The benchmark rubber contract on the Tokyo Commodity Exchange for May
US soyabeans climbed to their highest level in nearly a month on Wednesday on a mix of technical strength and robust demand from exporters as well as domestic processors, traders said. Corn followed soyabeans higher and drew further support from bullish w
Malaysian palm oil futures edged up 0.4 percent on Thursday as traders bet on demand rising in the face of tighter supplies of competing soyaoil due to unfavourable weather in Argentina. Wet weather in No 3 soybean supplier Argentina has delayed plantings
Cocoa futures on Liffe turned firm on Thursday after hitting their 200-day moving average and pushing the spot contract's premium to the highest level in more than two years. Arabica coffee futures climbed from a two-and-a-half-year low on light short-cov
Gold slipped to a one-month low below $1,700 an ounce on Wednesday as a weaker price forecast by Goldman Sachs triggered some fund liquidation, offsetting news of fresh central bank buying. Bullion later rebounded off its lows to end down 0.2 percent. Ear