AIRLINK 154.88 Increased By ▲ 4.63 (3.08%)
BOP 9.96 Decreased By ▼ -0.16 (-1.58%)
CNERGY 7.33 Decreased By ▼ -0.09 (-1.21%)
CPHL 78.24 Increased By ▲ 7.11 (10%)
FCCL 47.53 Increased By ▲ 1.82 (3.98%)
FFL 14.49 Increased By ▲ 0.15 (1.05%)
FLYNG 40.87 Increased By ▲ 3.72 (10.01%)
HUBC 138.71 Increased By ▲ 0.36 (0.26%)
HUMNL 12.93 Increased By ▲ 0.39 (3.11%)
KEL 4.34 Decreased By ▼ -0.22 (-4.82%)
KOSM 5.16 Increased By ▲ 0.17 (3.41%)
MLCF 75.92 Increased By ▲ 6.27 (9%)
OGDC 218.66 Increased By ▲ 15.65 (7.71%)
PACE 5.23 Decreased By ▼ -0.15 (-2.79%)
PAEL 45.30 Increased By ▲ 1.06 (2.4%)
PIAHCLA 14.80 Increased By ▲ 1.35 (10.04%)
PIBTL 8.64 Increased By ▲ 0.02 (0.23%)
POWER 15.13 Increased By ▲ 0.15 (1%)
PPL 168.03 Increased By ▲ 15.28 (10%)
PRL 29.55 Increased By ▲ 2.53 (9.36%)
PTC 20.13 Increased By ▲ 0.84 (4.35%)
SEARL 82.57 Increased By ▲ 7.51 (10.01%)
SSGC 32.79 Increased By ▲ 2.33 (7.65%)
SYM 14.23 Increased By ▲ 0.28 (2.01%)
TELE 6.99 Increased By ▲ 0.08 (1.16%)
TPLP 8.26 Increased By ▲ 0.26 (3.25%)
TRG 63.29 Increased By ▲ 1.39 (2.25%)
WAVESAPP 9.05 Increased By ▲ 0.11 (1.23%)
WTL 1.26 Decreased By ▼ -0.06 (-4.55%)
YOUW 3.61 Decreased By ▼ -0.12 (-3.22%)
AIRLINK 154.88 Increased By ▲ 4.63 (3.08%)
BOP 9.96 Decreased By ▼ -0.16 (-1.58%)
CNERGY 7.33 Decreased By ▼ -0.09 (-1.21%)
CPHL 78.24 Increased By ▲ 7.11 (10%)
FCCL 47.53 Increased By ▲ 1.82 (3.98%)
FFL 14.49 Increased By ▲ 0.15 (1.05%)
FLYNG 40.87 Increased By ▲ 3.72 (10.01%)
HUBC 138.71 Increased By ▲ 0.36 (0.26%)
HUMNL 12.93 Increased By ▲ 0.39 (3.11%)
KEL 4.34 Decreased By ▼ -0.22 (-4.82%)
KOSM 5.16 Increased By ▲ 0.17 (3.41%)
MLCF 75.92 Increased By ▲ 6.27 (9%)
OGDC 218.66 Increased By ▲ 15.65 (7.71%)
PACE 5.23 Decreased By ▼ -0.15 (-2.79%)
PAEL 45.30 Increased By ▲ 1.06 (2.4%)
PIAHCLA 14.80 Increased By ▲ 1.35 (10.04%)
PIBTL 8.64 Increased By ▲ 0.02 (0.23%)
POWER 15.13 Increased By ▲ 0.15 (1%)
PPL 168.03 Increased By ▲ 15.28 (10%)
PRL 29.55 Increased By ▲ 2.53 (9.36%)
PTC 20.13 Increased By ▲ 0.84 (4.35%)
SEARL 82.57 Increased By ▲ 7.51 (10.01%)
SSGC 32.79 Increased By ▲ 2.33 (7.65%)
SYM 14.23 Increased By ▲ 0.28 (2.01%)
TELE 6.99 Increased By ▲ 0.08 (1.16%)
TPLP 8.26 Increased By ▲ 0.26 (3.25%)
TRG 63.29 Increased By ▲ 1.39 (2.25%)
WAVESAPP 9.05 Increased By ▲ 0.11 (1.23%)
WTL 1.26 Decreased By ▼ -0.06 (-4.55%)
YOUW 3.61 Decreased By ▼ -0.12 (-3.22%)
BR100 12,644 Increased By 241 (1.94%)
BR30 37,293 Increased By 1733.2 (4.87%)
KSE100 118,576 Increased By 1278.2 (1.09%)
KSE30 36,302 Increased By 462.9 (1.29%)
May 14, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-08-10
Branchless banking: G2P payments reach Rs 21 billion in Q1CY14

Branchless banking: G2P payments reach Rs 21 billion in Q1CY14

Branchless banking has become most effective tool for the transparent and hassle-free disbursement of government financial support among the needy people as Government to Person (G2P) payments through branchless banking reached Rs 20.8 billion, up by 163
Published 10 Aug, 2014 12:00am
Indian sugar, soyaoil rise; turmeric falls

Indian sugar, soyaoil rise; turmeric falls

Indian soyaoil futures edged higher on Friday on improved demand in the physical market due to upcoming festivals, while soyabean ended flat as concerns over output offset sluggish soyameal exports. A drop in Malaysian palm oil prices weighed on sentiment
Published 10 Aug, 2014 12:00am
Thailand facing huge discounts to move unshipped sugar

Thailand facing huge discounts to move unshipped sugar

Thailand, the world's second-largest sugar exporter after Brazil, will be forced to cut prices further to lure consumers as more than a third of the country's output of its recent record crop remains unsold, industry sources said on Thursday. Thailand's s
Published 10 Aug, 2014 12:00am
Asian naphtha crack edges up three percent

Asian naphtha crack edges up three percent

The Asian naphtha crack edged up 3 percent from a two-month low to $127.83 a tonne on Thursday, with some buying interest emerging from South Korea. LG Chem was in the market seeking cargoes for September-to-December delivery to Daesan, but the results of
Published 10 Aug, 2014 12:00am
US FOB Gulf soyabean offers up

US FOB Gulf soyabean offers up

US FOB Gulf soyabean basis offers were up 10 to 20 cents a bushel for September and October loadings late Friday, tracking the strength in the CIF market as buyers worked to secure soyabeans to bridge the gap until new-crop supplies hit the market, trader
Published 10 Aug, 2014 12:00am
CBOT wheat futures fall on profit-taking

CBOT wheat futures fall on profit-taking

Wheat futures on the Chicago Board of Trade fell on Friday for a second session as traders booked profits from this week's one-month high, but still ended the week up 2.6 percent in the wake of escalating tensions in the Black Sea region. Trade continues
Published 10 Aug, 2014 12:00am
Palm oil, olein, coconut oil see active trade in European vegoils market

Palm oil, olein, coconut oil see active trade in European vegoils market

Crude palm oil, palm olein and coconut oil saw brisk trade in Europe's vegetable oil market on Friday as prices dropped after Malaysian palm oil futures fell to a one-year low, traders said. Malaysian palm oil futures fell as expectations of higher produc
Published 10 Aug, 2014 12:00am
Rain continues to hamper wheat harvesting in western Europe

Rain continues to hamper wheat harvesting in western Europe

Rain continues to hamper wheat harvesting in western Europe, slowing field work and leaving a question mark over how much of the crop in major exporters France and Germany will be of sufficient quality to sell to overseas markets, analysts said. In the UK
Published 10 Aug, 2014 12:00am
Bears dominate wholesale grain market

Bears dominate wholesale grain market

Bears dominated the wholesale grain market on Saturday as buyers were interested in buying at the higher rates, dealers said. On the cereals side, Moong Punjab lost Rs 500 to Rs 825, Massor Canada low type was lower by Rs 600 to Rs 8000 and the best varie
Published 10 Aug, 2014 12:00am
US Midwest corn bids slightly higher

US Midwest corn bids slightly higher

Spot corn basis bids were steady to slightly higher around the US Midwest on Friday in quiet trade, dealers said. Weak Chicago Board of Trade corn futures kept farmers from booking corn contracts, dealers said. CBOT corn futures fell 2 percent pressured b
Published 10 Aug, 2014 12:00am
US Plains HRW wheat bids steady

US Plains HRW wheat bids steady

Spot basis bids for hard red winter wheat were steady in the US Plains on Friday, merchants said. Harvesting of the new crop was winding down in the remaining US growing states, with 79 percent of Oregon harvested and 70 percent of Wyoming's crop cut, acc
Published 10 Aug, 2014 12:00am
Cotton market: fears heighten amid obtaining law, order situation

Cotton market: fears heighten amid obtaining law, order situation

Uncertainties prevailed on the cotton market on Saturday following the violence between police and PTI workers, dealers said. The official spot rate was unchanged at Rs 5250, they added. In ready session, around 12000 bales of cotton changed hands between
Published 10 Aug, 2014 12:00am
Oil cake market rates

Oil cake market rates

Deliveries were down on the forward cottonseeds oilcake market on Saturday in the process of trading, dealers said. The December contract closed at Rs 1500.60 and it opened with Re.one loss at Rs 1400.60, they said. The January vaida ended at Rs 1700.00 a
Published 10 Aug, 2014 12:00am
Future may be bitter for chocolate lovers, leading processor warns

Future may be bitter for chocolate lovers, leading processor warns

The future may be bitter for chocolate lovers unless cocoa producers step up their output dramatically to satisfy an expected surge in demand from emerging market countries, an industry executive warns. Juergen Steinemann, head of Barry Callebaut, the lea
Published 10 Aug, 2014 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (August 09, 2014).

Published 10 Aug, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (August 09, 2014).

Published 10 Aug, 2014 12:00am
THE RUPEE: modest gain

THE RUPEE: modest gain

The rupee managed to gain slightly on the money market on Saturday in the process of trading, dealers said. The rupee recovered 10-paisa versus the dollar for buying and selling at Rs 98.70 and Rs 98.80 respectively, while it maintained overnight levels i
Published 10 Aug, 2014 12:00am
THE RUPEE: modest gain

THE RUPEE: modest gain

The rupee managed to gain slightly on the money market on Saturday in the process of trading, dealers said. The rupee recovered 10-paisa versus the dollar for buying and selling at Rs 98.70 and Rs 98.80 respectively, while it maintained overnight levels i
Published 10 Aug, 2014 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 09, 2014).

Published 10 Aug, 2014 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 09, 2014).

Published 10 Aug, 2014 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (August 09, 2014).

Published 10 Aug, 2014 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (August 09, 2014).

Published 10 Aug, 2014 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 09, 2014).

Published 10 Aug, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (August 09, 2014)

Published 10 Aug, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (August 09, 2014) and for Sunday (August 10, 2014).
Published 10 Aug, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (August 09, 2014).

Published 10 Aug, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 09, 2014).

Published 10 Aug, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 09, 2014).

Published 10 Aug, 2014 12:00am
The Weather

The Weather

The weather report on Saturday (August 09, 2014) and the forecast for Sunday (August 08, 2014).

Published 10 Aug, 2014 12:00am
YOUR RUPEE LAST MONTH

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (July 02 to 28, 2014)

Published 10 Aug, 2014 12:00am
Imran should not shut doors for talks: Khursheed

Imran should not shut doors for talks: Khursheed

Leader of opposition in the National Assembly, Syed Khursheed Ahmed Shah on Saturday said Pakistan Tehreek-e-Insaf (PTI) Chief Imran Khan should not close the doors of negotiations with Pakistan Muslim League-Nawaz (PML-N) government. Talking to media aft
Published 10 Aug, 2014 12:00am
Imran should not shut doors for talks: Khursheed

Imran should not shut doors for talks: Khursheed

Leader of opposition in the National Assembly, Syed Khursheed Ahmed Shah on Saturday said Pakistan Tehreek-e-Insaf (PTI) Chief Imran Khan should not close the doors of negotiations with Pakistan Muslim League-Nawaz (PML-N) government. Talking to media aft
Published 10 Aug, 2014 12:00am
Four killed, 500 arrested: Punjab violence persists

Four killed, 500 arrested: Punjab violence persists

Violence flared in several towns and cities in Pakistan on Saturday between police and supporters of an anti-government cleric, killing at least four people and injuring scores, police and witnesses said. Qadri called off a large protest rally planned in
Published 10 Aug, 2014 12:00am
Four killed, 500 arrested: Punjab violence persists

Four killed, 500 arrested: Punjab violence persists

Violence flared in several towns and cities in Pakistan on Saturday between police and supporters of an anti-government cleric, killing at least four people and injuring scores, police and witnesses said. Qadri called off a large protest rally planned in
Published 10 Aug, 2014 12:00am
PAT chief to announce 'strategy' today

PAT chief to announce 'strategy' today

Pakistan Awami Tehreek chief Dr Tahirul Qadri on Saturday said that he would unveil his strategy of "Revolution March" on Sunday (today). He was talking to media persons outside Minhaj-ul-Quran where he directed his activists to stop their journey to Mode
Published 10 Aug, 2014 12:00am
PAT chief to announce 'strategy' today

PAT chief to announce 'strategy' today

Pakistan Awami Tehreek chief Dr Tahirul Qadri on Saturday said that he would unveil his strategy of "Revolution March" on Sunday (today). He was talking to media persons outside Minhaj-ul-Quran where he directed his activists to stop their journey to Mode
Published 10 Aug, 2014 12:00am
Operation Zarb-e-Azb: objectives achieved, security conference told

Operation Zarb-e-Azb: objectives achieved, security conference told

Military leadership informed the National Security Conference (NSC) on Saturday that all the objectives of operation Zarb-e-Azb in North Waziristan have been achieved. Miranshah, Mirali and Dattakhel have been cleared of militants. Around 550 terrorists h
Published 10 Aug, 2014 12:00am
Operation Zarb-e-Azb: objectives achieved, security conference told

Operation Zarb-e-Azb: objectives achieved, security conference told

Military leadership informed the National Security Conference (NSC) on Saturday that all the objectives of operation Zarb-e-Azb in North Waziristan have been achieved. Miranshah, Mirali and Dattakhel have been cleared of militants. Around 550 terrorists h
Published 10 Aug, 2014 12:00am
Nisar conspicuous by his absence

Nisar conspicuous by his absence

Federal Minister for Interior Chaudhry Nisar Ali Khan was conspicuous by his absence at a crucial national security conference on Saturday. The conference was chaired by prime minister Nawaz Sharif and attended by federal minister, leader of the political
Published 10 Aug, 2014 12:00am
Nisar conspicuous by his absence

Nisar conspicuous by his absence

Federal Minister for Interior Chaudhry Nisar Ali Khan was conspicuous by his absence at a crucial national security conference on Saturday. The conference was chaired by prime minister Nawaz Sharif and attended by federal minister, leader of the political
Published 10 Aug, 2014 12:00am
Militant attack from Afghanistan kills four

Militant attack from Afghanistan kills four

Militants from Afghanistan stormed the house of a local anti-Taliban militia in Upper Dir district, killing him and three members of his family, officials said Saturday. The incident occurred late Friday in Tenai Dara village in Upper Dir district around
Published 10 Aug, 2014 12:00am
Militant attack from Afghanistan kills four

Militant attack from Afghanistan kills four

Militants from Afghanistan stormed the house of a local anti-Taliban militia in Upper Dir district, killing him and three members of his family, officials said Saturday. The incident occurred late Friday in Tenai Dara village in Upper Dir district around
Published 10 Aug, 2014 12:00am
Obama vows to save Iraqis stranded on mountain

Obama vows to save Iraqis stranded on mountain

US President Barack Obama vowed Saturday to help rescue thousands of civilians besieged by jihadists on an Iraqi mountain, as an MP warned they would not survive much longer. He gave no timetable for the first US operation in Iraq since the last American
Published 10 Aug, 2014 12:00am
Obama vows to save Iraqis stranded on mountain

Obama vows to save Iraqis stranded on mountain

US President Barack Obama vowed Saturday to help rescue thousands of civilians besieged by jihadists on an Iraqi mountain, as an MP warned they would not survive much longer. He gave no timetable for the first US operation in Iraq since the last American
Published 10 Aug, 2014 12:00am
Branchless banking: G2P payments reach Rs 21 billion in Q1CY14

Branchless banking: G2P payments reach Rs 21 billion in Q1CY14

Branchless banking has become most effective tool for the transparent and hassle-free disbursement of government financial support among the needy people as Government to Person (G2P) payments through branchless banking reached Rs 20.8 billion, up by 163
Published 10 Aug, 2014 12:00am
Branchless banking: G2P payments reach Rs 21 billion in Q1CY14

Branchless banking: G2P payments reach Rs 21 billion in Q1CY14

Branchless banking has become most effective tool for the transparent and hassle-free disbursement of government financial support among the needy people as Government to Person (G2P) payments through branchless banking reached Rs 20.8 billion, up by 163
Published 10 Aug, 2014 12:00am
HKEx says LME fees to rise in 2015

HKEx says LME fees to rise in 2015

Hong Kong Exchanges & Clearing Ltd (HKEx) will raise fees on the London Metal Exchange (LME) from January 1 2015, HKEx said on Wednesday, as it battles costs from its acquisition of the LME and absorbs the London exchange's rising legal expenses. HKEx, th
Published 10 Aug, 2014 12:00am
MQM delegation visits KCCI

MQM delegation visits KCCI

A delegation of Muttahida Qaumi Movement (MQM) comprising of Syed Sardar Ahmed, Amir, Dr Arshad Vohra and Khawaja Izharul Hassan visited Karachi Chamber of Commerce and Industry (KCCI) on Saturday and met office bearers of the Chamber. Sources said that t
Published 10 Aug, 2014 12:00am
Shabbir asks for complete shutdown in IHK on August 15

Shabbir asks for complete shutdown in IHK on August 15

Senior leader of Hurriyet Conference Jammu and Kashmir, Shabbir Ahmad Shah, has asked the Kashmiri people to observe complete shutdown on August 15, the Indian Independence Day, to send a message to the world that they reject India's illegal occupation of
Published 10 Aug, 2014 12:00am
Woman among two killed in city

Woman among two killed in city

At least two persons including a woman were killed here on Saturday. According to police and rescue sources, a woman named Irshad Bibi wife of Kareem Bux was shot and killed by unknown persons in Maripur, The body was shifted to Civil Hospital (CH) for me
Published 10 Aug, 2014 12:00am
Independence Day to be celebrated at SU

Independence Day to be celebrated at SU

The Independence Day will be celebrated with national zeal and enthusiasm in Sindh University Jamshoro and its campuses on August 14, 2014. The preparations in this regards have been finalised. According to university spokesperson Nadir Ali Mugheri, the v
Published 10 Aug, 2014 12:00am
IDPs refuse to vacate school buildings in Bannu

IDPs refuse to vacate school buildings in Bannu

Following the Khyber-Pakhtunkhawa government directives to Internally Displaced Persons (IDPs) of North Waziristan Agency (NWA) to vacate schools and government buildings in Bannu district, the IDPs were facing another dilemma of shelters as majority of t
Published 10 Aug, 2014 12:00am
Cotton ginners worried over Imran's, Qadri's calls

Cotton ginners worried over Imran's, Qadri's calls

Vice Chairman of the Cotton Ginners Association Sindh Prem Chund has expressed concern that agitation calls by PTI Chairman Imran Khan and PAT chief Tahir-ul-Qadri may create disorder and badly affect economic environment in the country. Talking to APP he
Published 10 Aug, 2014 12:00am
APNS flays levy of ST on newspapers by Punjab government

APNS flays levy of ST on newspapers by Punjab government

"The All Pakistan Newspapers Society (APNS) strongly flays the levy of Sales Tax on newspapers by the Punjab government contrary to earlier assurances made by the Chief Minister, Punjab. Hameed Haroon, President, APNS has stated that an advertisement of t
Published 10 Aug, 2014 12:00am
Altaf urges government to refrain from violence

Altaf urges government to refrain from violence

Muttahida Qaumi Movement (MQM) chief Altaf Hussain on Saturday said that the police violence and torture on the workers of Pakistan Awami Tehreek (PAT) in different towns/cities of Punjab was beyond comprehension. Altaf Hussain urged the government to ref
Published 10 Aug, 2014 12:00am
46 alleged criminals held

46 alleged criminals held

City police on Saturday claimed to have arrested around 46 alleged criminals in different targeted raids and encounters conducted at various parts of metropolis on Saturday. Police sources said that they conducted 76 raids and four encounters as a part of
Published 10 Aug, 2014 12:00am
Low rainy trend forecast for August & September

Low rainy trend forecast for August & September

At a time when the country received 39 percent below normal monsoon rainfall in July, Meteorological department has forecast low rainy trend even for August and September 2014. The Met Office in its monsoon update for August and September said that below
Published 10 Aug, 2014 12:00am
Let the cat out of the bag

Let the cat out of the bag

How unfortunate it is that there is hardly any hope of a resolution of the current dangerous crisis in the country. Not only has PTI chairman Imran Khan further stepped up his hostile rhetoric against the federal government, he has also made it clear that
Published 10 Aug, 2014 12:00am
'Houses are bouncing;' quakes trigger controls on Oklahoma oil industry

'Houses are bouncing;' quakes trigger controls on Oklahoma oil industry

Inside the small U-Haul rental office in Guthrie, Oklahoma, Tami Boxley routinely deals with something that once was rare: the rattling, booming roll of the earth. In the last week alone, residents of Guthrie, pop. 10,191, have felt five quakes rock the t
Published 10 Aug, 2014 12:00am
Gazans struggle with rising prices as bombs fall

Gazans struggle with rising prices as bombs fall

Israeli bombardment has left parts of Gaza in ruins, and the enclave's already shattered economy is also feeling the pinch as prices for staple foods have started to climb. The market in Gaza City's Shati refugee camp was bustling Saturday, but many of th
Published 10 Aug, 2014 12:00am
The budget process in Pakistan

The budget process in Pakistan

A budget is an estimate of income and expenditure for a set period of time. It also reflects the country's social, economic, fiscal and financial responsibilities. It tells government's future policies for the country. It is also a starting point towards
Published 10 Aug, 2014 12:00am
Addressing minority communities' woes

Addressing minority communities' woes

Members of the highest legislative forum, the National Assembly, have finally taken a serious notice of a heightened sense of insecurity among minority communities in the wake of two Hindu brothers' murder in Umerkot district of Sindh. What seems to have
Published 10 Aug, 2014 12:00am
Textile exports

Textile exports

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) chief co-ordinator Ijaz Khokhar stated that the "9 percent growth in readymade garments exports is a normal trend" and government efforts to boost exports are 'invisible.' He ela
Published 10 Aug, 2014 12:00am
Sucden to buy sugar from Mexico

Sucden to buy sugar from Mexico

Trade house Sucres et Denrees (Sucden) Americas Corp said on Thursday it has contracted to buy 275,000 tonnes of sugar from mills owned by the Mexican government that will be exported globally, amid a months-long trade dispute with the United States.
Published 10 Aug, 2014 12:00am
Syria struggles to seal deal to sell wheat to Iraq

Syria struggles to seal deal to sell wheat to Iraq

Private Iraqi grain traders have not been able get trucks across the Syrian border to complete a deal, first agreed in June, to buy 200,000 tonnes of wheat from Syria's state grain body due to conflict raging in both countries. Syria's General Establishme
Published 10 Aug, 2014 12:00am
Canada toughens railway crop volume rules through harvest

Canada toughens railway crop volume rules through harvest

The Canadian government will require the country's two big railways to ship more than the current minimum of 1 million tonnes of crops a week through the autumn harvest period as it tries to prevent a repeat of last season's massive backlog.
Published 10 Aug, 2014 12:00am
Canada toughens railway crop volume rules through harvest

Canada toughens railway crop volume rules through harvest

The Canadian government will require the country's two big railways to ship more than the current minimum of 1 million tonnes of crops a week through the autumn harvest period as it tries to prevent a repeat of last season's massive backlog.
Published 10 Aug, 2014 12:00am
Ukraine harvests 31.2 million tons of grain

Ukraine harvests 31.2 million tons of grain

Ukrainian farms have harvested 8.8 million hectares of grain as of August 5, threshing a total of 31.2 million tons of grain by bunker weight, the agriculture ministry said on Wednesday. The volume includes 21.5 million tonnes of wheat and 8.6 million ton
Published 10 Aug, 2014 12:00am
Argentina harvests record 55.5 million ton of soya crop

Argentina harvests record 55.5 million ton of soya crop

Argentina has completed a record 55.5 million-ton soyabean harvest despite having lost 860,000 hectares, or 4.2 percent of total 2013/14 planting area due to excessively wet weather, the Buenos Aires Grains Exchange said on Thursday.
Published 10 Aug, 2014 12:00am
US soyabean, corn ratings seen down

US soyabean, corn ratings seen down

Good-to-excellent ratings for US corn and soyabeans were seen falling slightly from a week ago, with conditions deteriorating as the crops dry out and head toward maturity, analysts said on Monday. A Reuters poll forecast US corn ratings as 74 percent goo
Published 10 Aug, 2014 12:00am
Thai rice tenders resume, bids just below the market

Thai rice tenders resume, bids just below the market

Thailand's government on Thursday opened its first tender for state-held rice since a military coup in May and was expected to sell all the 167,000 tonnes on offer at prices slightly below the market, exporters and a government official said. The governme
Published 10 Aug, 2014 12:00am
Jordan buys hard wheat

Jordan buys hard wheat

Jordan's state grain buyer has issued an international tender to purchase 100,000 tonnes of hard milling wheat which can be sourced from optional origins, European traders said on Monday. Tender deadline is Wednesday, July 9.
Published 10 Aug, 2014 12:00am
India's natural rubber imports rise

India's natural rubber imports rise

India's natural rubber imports in July rose 14.8 percent from a year ago to 36,997 tonnes, the state-run Rubber Board said on Wednesday, as tyre-makers raised overseas purchases to meet rising demand. The consumption during the month rose 5.5 percent from
Published 10 Aug, 2014 12:00am
Commodities assets under management fall $5 billion

Commodities assets under management fall $5 billion

Total global commodity assets under management fell to $317 billion in May 2014 from $322 billion in April 2014, Barclays Capital said on Thursday. The investment bank said in a research note on the sector that in the year to date, a net $9.6 billion has
Published 10 Aug, 2014 12:00am
Is there a way out of the PSM quagmire?

Is there a way out of the PSM quagmire?

Pakistan Steel Mills (PSM) is not out of the quagmire despite exhausting half of another bailout package amounting to Rs 18.6 billion. The sources said, Ministry of Industries and Production (MoI&P) and Chairman Privatisation Commission are extremely conc
Published 10 Aug, 2014 12:00am
Bank holiday

Bank holiday

The State Bank of Pakistan and all banks will remain closed on 14th August, 2014 (Thursday) on the occasion of Independence Day, as declared by the government of Pakistan.
Published 10 Aug, 2014 12:00am
Bank holiday

Bank holiday

The State Bank of Pakistan and all banks will remain closed on 14th August, 2014 (Thursday) on the occasion of Independence Day, as declared by the government of Pakistan.
Published 10 Aug, 2014 12:00am
Israel pounds Gaza as mediators try to rescue truce

Israel pounds Gaza as mediators try to rescue truce

Israeli warplanes pummelled Gaza with 50 air strikes that killed five Palestinians Saturday as militants slammed 23 rockets into Israel, defying international efforts to find a fresh ceasefire. Tens of thousands of pro-Palestinian demonstrators marched th
Published 10 Aug, 2014 12:00am
Israel pounds Gaza as mediators try to rescue truce

Israel pounds Gaza as mediators try to rescue truce

Israeli warplanes pummelled Gaza with 50 air strikes that killed five Palestinians Saturday as militants slammed 23 rockets into Israel, defying international efforts to find a fresh ceasefire. Tens of thousands of pro-Palestinian demonstrators marched th
Published 10 Aug, 2014 12:00am
Third mass protest for Gaza in a month in London

Third mass protest for Gaza in a month in London

Tens of thousands of pro-Palestinian demonstrators marched through central London on Saturday, demanding Britain take a tougher line against Israel over its military assault on Gaza.The Palestinian Solidarity Campaign said 150,000 people attended the marc
Published 10 Aug, 2014 12:00am
Third mass protest for Gaza in a month in London

Third mass protest for Gaza in a month in London

Tens of thousands of pro-Palestinian demonstrators marched through central London on Saturday, demanding Britain take a tougher line against Israel over its military assault on Gaza.The Palestinian Solidarity Campaign said 150,000 people attended the marc
Published 10 Aug, 2014 12:00am
Is there a way out of the PSM quagmire?

Is there a way out of the PSM quagmire?

Pakistan Steel Mills (PSM) is not out of the quagmire despite exhausting half of another bailout package amounting to Rs 18.6 billion. The sources said, Ministry of Industries and Production (MoI&P) and Chairman Privatisation Commission are extremely conc
Published 10 Aug, 2014 12:00am
Egypt court dissolves Muslim Brotherhood's political wing

Egypt court dissolves Muslim Brotherhood's political wing

An Egyptian court on Saturday dissolved the Freedom and Justice Party (FJP), the political wing of the banned Muslim Brotherhood, dealing a crippling blow in the campaign to crush Egypt's oldest Islamist movement. A court banned the Muslim Brotherhood its
Published 10 Aug, 2014 12:00am
Steel melters: DISCOs legally bound to collect non-adjustable tax

Steel melters: DISCOs legally bound to collect non-adjustable tax

Power Distribution Companies (DISCOs) are legally bound to collect non-adjustable tax from steel melters at the rate of Re1 per unit consumed in July 2014 and to be charged through the electricity bills of August 2014. Sources told Business Recorder </
Published 10 Aug, 2014 12:00am
Steel melters: DISCOs legally bound to collect non-adjustable tax

Steel melters: DISCOs legally bound to collect non-adjustable tax

Power Distribution Companies (DISCOs) are legally bound to collect non-adjustable tax from steel melters at the rate of Re1 per unit consumed in July 2014 and to be charged through the electricity bills of August 2014. Sources told Business Recorder </
Published 10 Aug, 2014 12:00am
Previous Day
⇧