Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Monday (September 08, 2014).
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
European coal prices edged higher on Monday in a quiet market, while physical cargoes were untraded. Prices for non-deliverable API2 coal forwards expiring in the fourth quarter gained 20 cents to $75.25/tonne, while the calendar 2015 contract rose 25 cen
China, the world's top buyer of iron ore, coal and soybeans, saw imports of those commodities fall sharply in August from the previous month amid slackening demand and abundant supply, while rapidly falling prices also kept buyers on the sidelines. But a
Ivory Coast's main cocoa growing regions received abundant rain last week, but farmers in some areas worried that cool temperatures and cloud cover could hamper development heading into the October-to-March main crop. The world's top cocoa producer is wra
The December vaida opened with losses on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The December contract closed at Rs 1495.20 but it opened with 20 paisa fall at Rs 1495.00, they said. The January vaida ende
Fears of pest attack after rains, propelled mills to make forward deals on the cotton market on Monday, dealers said. The official spot rate managed to hold overnight level at Rs 5,600, they added. In the session, some 13,000 bales of cotton changed hands
Ukraine's grain exports rose by 44 percent to 5.98 million tonnes in the period from July 1 September 8, compared with the same period a year earlier, the agriculture ministry said on Monday. The volume included 3.37 million tonnes of wheat, 2.15 million
Volcafe has raised its forecast for Brazil's 2014/15 coffee crop to 47.0 million 60-kg bags, the Swiss-based coffee division of commodities house ED&F Man said in a report received on Friday. The company had put the crop at 45.5 million bags in April.
Most of the commodities tended higher on the wholesale grain market on Monday in the process of trading, dealers said. On the cereals side, Moong Punjab picked up Rs 500 to Rs 9750, other items maintained week-end levels, they said. On the grams side, Gra
On Monday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 4.648 billion as compared to PKR 3.704 billion registered on Friday, up by 25.48 percent. The number of lots traded was 16,373 and PMEX Commodity Index closed at 2,977. Majo
Algeria's state grains agency OAIC has issued a tender to buy a nominal 50,000 tonnes of optional-origin milling wheat for shipment in the second half of December, European traders said on Monday. The deadline for bids is on Wednesday, September 10, they
India's natural rubber imports in August rose 15 percent from a month ago to 42,499 tonnes as a drop in global prices prompted tyre makers to raise overseas purchases to meet rising local demand, said an official at the state-run Rubber Board. The south A
ICE Canadian canola futures slid on Monday on spillover pressure from weaker soybean prices, but traders kept a close eye on cooler weather expected this week. Forecasts for frost mid-week in Western Canadian growing areas underpinned canola, with much of
US natural gas futures gained a few cents Monday on forecasts for some heating demand in some Northern Tier states along the Canadian border after losing about 7 percent last week. Front-month gas futures on the New York Mercantile Exchange rose 3.8 cents
Russian wheat prices rose for a second straight week thanks to a record pace of August exports, high domestic demand and weak rouble that offset continuing harvesting, analysts said on Monday. Russia, one of the world's largest wheat exporters, has suppli
European wheat futures eased on Monday as expectations of record US corn and soybean harvests and easing concerns about disruption to trade from the Ukraine conflict kept the market focused on ample global supply. Paris futures continued to be underpinned
The Karachi Port handled 71,326 tonnes of cargo comprising 51,277 tonnes of import cargo and 20,049 tonnes of export cargo including 1,358 loaded and empty containers during the last 24 hours ending at 0700 hours on Monday. The total import cargo of 51,27
Cash spot basis bids for hard red winter wheat were steady on Monday, merchandisers said. Protein premiums for railcar wheat to and through Kansas City were unchanged. Producers may start planting winter wheat for the 2015 harvest in Oklahoma this week, g
Morocco's state grains agency ONICL has issued a tender to import up to 386,600 tonnes of US-origin soft wheat and 330,000 tonnes of US durum wheat under a preferential tariff import quota, European traders said on Monday. The result of the tender will be
Sweet buns and dumplings were pulled from the shelves in Hong Kong as authorities checked Monday whether they contained the recycled Taiwanese cooking oil that has sparked a growing regional food safety scare. An investigation was launched after the oil f
Twitter Inc is testing a "buy" button in some tweets that allows a mobile user to buy directly from a tweet. A small percentage of US users will be able to see the "buy" button from Monday, Twitter wrote in a blog post. "Users will get access to offers an
US consumer credit rose more than expected in July, posting its biggest increase since November 2001. Total consumer credit increased $26.01 billion to $3.24 trillion in July, the Federal Reserve said on Monday. June's consumer credit figure was revised u
Hundreds of hedge funds, mutual funds and other institutional investors lined up on Monday to hear Alibaba Group Holding Ltd's management pitch the company's shares, as the Chinese e-commerce giant kicked off a two-week IPO marketing blitz. The line for p
Hundreds of hedge funds, mutual funds and other institutional investors lined up on Monday to hear Alibaba Group Holding Ltd's management pitch the company's shares, as the Chinese e-commerce giant kicked off a two-week IPO marketing blitz. The line for p
Swedish group maker Electrolux has agreed to buy white goods activities - washing machines to fridges - from US conglomerate General Electric raising its status as a rival to Whirlpool, it announced on Monday. The deal, worth $3.3 billion (2.55 billion eu
Car sales in Russia dropped by 25 percent in August as the fallout from the Ukraine crisis exacted a heavy toll on the country's flagging economy, an industry group said on Monday. Sales dropped by 25.8 percent compared to the figure for the same month la
New EU sanctions against Moscow due to be announced on Monday will likely limit access to financial markets by Russian oil companies Rosneft and Transneft plus the petroleum unit of gas giant Gazprom, diplomatic sources said. Since the three companies are
The European Union must crack down on banks side-stepping a cap on pay bonuses that were set by Brussels earlier this year, a top EU official said. Internal Market Commissioner Michel Barnier said in a letter to the European Banking Authority, the EU watc
Japan's economy shrank an annualised 7.1 percent in April-June from the previous quarter, worse than a preliminary estimate, and adding to doubts over whether the central bank can achieve its target of 2 percent inflation early next year. The contraction
US online giant Amazon said Monday it was selling its "Fire" 3D smartphones in Germany and Britain as it cut the price of the handset for US customers. Amazon released statements for its British and German websites for the handset, which was unveiled in J
US online giant Amazon said Monday it was selling its "Fire" 3D smartphones in Germany and Britain as it cut the price of the handset for US customers. Amazon released statements for its British and German websites for the handset, which was unveiled in J
German insurers paid out a record 50 billion euros ($65 billion) in claims in 2013, the GDV industry federation said on Monday. The amount represented an increase of 12 percent over the previous year and was the steepest rise in 25 years, GDV said in a st
German insurers paid out a record 50 billion euros ($65 billion) in claims in 2013, the GDV industry federation said on Monday. The amount represented an increase of 12 percent over the previous year and was the steepest rise in 25 years, GDV said in a st
Dubai has relaunched an ambitious project to develop its second airport, touted originally as the world's largest, to handle 120 million passengers a year, its airports chief said Monday. The plan aims to expand Al-Maktoum International airport within eig
Irish budget airline Ryanair agreed to buy 100 aircraft from Boeing for $11 billion, with an option to purchase another 100 planes from the aerospace giant, the companies announced Monday. The order, potentially worth up to $22 billion, unveiled the 737 B
Tunisia on Monday urged foreign investment in its democratic "startup", three years after the country set the ball rolling on the Arab Spring uprisings that swept away long-time dictators. "To invest in Tunisia, in this startup, is to invest in democracy,
Stock markets in Dubai and Qatar resumed their uptrend on Monday after mild profit-taking in the previous session, while most markets in the region moved little in the absence of fresh catalysts. Dubai's bourse climbed 1.1 percent to 5,091 points after br
Tokyo stocks ended 0.23 percent higher Monday following last week's gains on Wall Street, despite poor Japanese growth data. The key Nikkei 225 index at the Tokyo Stock Exchange gained 36.43 points to 15,705.11, while the Topix index of all first-section
Indian shares rose more than 1 percent on Monday, resuming their record-setting streak after two days of consolidations, as strong foreign buying and weak oil prices stoked buying in bluechips such as HDFC Bank. The broader NSE index gained as much as 1.1
US stock index futures are modestly lower on Monday, but indexes remain near record levels, suggesting an upward momentum for equities that Morgan Stanley expects to continue. The firm issued a new 12-month target of 2,125 for the S&P 500, above the 2,050
US stock index futures are modestly lower on Monday, but indexes remain near record levels, suggesting an upward momentum for equities that Morgan Stanley expects to continue. The firm issued a new 12-month target of 2,125 for the S&P 500, above the 2,050
US stocks are lower in afternoon trading on Monday, with the Dow and S&P 500 adding to their earlier weakness and the Nasdaq turning negative as energy shares weigh on the market. Energy shares are by far the weakest sector on the day, with the S&P energy
Australian shares dipped 0.4 percent on Monday to finish at a three-week low as some big-name stocks traded ex-dividend and financials were weak, though an uptick on Wall Street helped to contain losses. The S&P/ASX 200 index slipped 21.7 points to 5,577.
Southeast Asian stock markets rose on Monday, with Indonesian stocks marking a record close for a second time in the month amid expectations of a likely end to fuel subsidy. Stocks in the Philippines hit the highest in more than 15 months. Jakarta's Compo
South African stocks fell on Monday as investors dumped index heavyweights such as Barclays Africa and Shoprite on concerns about valuations. Shares of retailer Woolworths tumbled 7.7 percent to 74.78 rand as it traded both ex-dividend - without the right
Hong Kong stocks ended 0.20 percent lower Monday following a mixed bag of Chinese trade data that added to concerns about the mainland economy. The Hang Seng Index eased 49.70 points to 25,190.45 on turnover of HK$56.44 billion ($7.28 billion). Shanghai a
Germany's DAX was the only major European stock market to rise on Monday, as uncertainty over a Ukraine cease-fire and Scotland's independence vote kept investors off balance. The DAX closed up 0.1 percent higher at 9,758.03 points - still some 3 percent
The Republic of Kazakhstan has mandated Citi, HSBC and J.P. Morgan to arrange a potential new Eurobond, according to sources. The bond is likely to be in US dollars. Timing of the deal has yet to be determined, added the sources. The sovereign hired the s
The Republic of Kazakhstan has mandated Citi, HSBC and J.P. Morgan to arrange a potential new Eurobond, according to sources. The bond is likely to be in US dollars. Timing of the deal has yet to be determined, added the sources. The sovereign hired the s
Spanish bonds underperformed euro zone peers for most of the day on Monday, with some traders and analysts saying Scotland's looming independence vote could reignite a similar separatist bid in Spain's Catalonia region. A weekend poll showing the pro-Scot
Spanish bonds underperformed euro zone peers for most of the day on Monday, with some traders and analysts saying Scotland's looming independence vote could reignite a similar separatist bid in Spain's Catalonia region. A weekend poll showing the pro-Scot
Britain's top shares fell further from last week's 14-1/2 year high on Monday, hurt by firms with exposure to Scotland after a poll unexpectedly showed a lead for supporters of Scottish independence before a September 18 referendum. The YouGov survey for
Sterling dived to its lowest against the dollar in nearly 10 months on Monday after a poll for the first time showed Scotland was ready to vote to break up its three-century-old union with the rest of the United Kingdom. With just 10 days to go before the
Sterling sank by the most in more than a year on Monday after a poll predicted for the first time this year that Scotland will vote for independence, prompting the biggest surge in market volatility since Britain's last general election. Currency markets
Sterling weakened to its lowest in nearly 10 months on Monday amid worries about political uncertainty after an opinion poll showed supporters of Scottish independence from Britain taking the lead for the first time since the referendum campaign began. Wi
The cost of hedging against near-term currency swings jumped on Monday, with the options market showing its greatest bias for sterling weakness in more than two years, as concerns grew over a possible "Yes" vote in Scotland's independence referendum. With
The Australian and New Zealand dollars leapt to multi-month highs against a depressed pound on Monday, while the feisty Aussie stood firm versus its US counterpart thanks to carry trade demand. Sterling took the spotlight after a poll showed rising suppor
Average daily volumes in the global foreign exchange market rose almost 12 percent in August, data from FX settlement system CLS showed on Monday, driven by a return of market volatility. Volatility, for months at long-term lows, has surged on the back of
The Malaysian ringgit led gains among emerging Asian currencies on Monday as tepid US jobs data delayed the expected timing of any Federal Reserve rate hike, while Chinese August exports rose more than forecast. The ringgit hit a 14-month high against the
Interbank buy/sell rates for the taka against the dollar on Monday. 77.40-77.40 (previous 77.40-77.40). Call Money Rates: 05.00-06.75 percent (Previous 05.50-06.75 percent).
The Indian rupee gained on Monday, hitting a more than five-week high, as the weaker-than-expected US jobs data raised hopes about additional foreign inflows, although broader gains were capped after the central bank was spotted intervening. The dollar sl
Albania pulled off a major shock by downing Portugal as world champions Germany denied battling Scotland and minnows Gibraltar were demolished by Poland in the opening salvoes of Euro 2016 qualifying on Sunday. Portugal, first round casualties at the Worl
World number one Novak Djokovic will miss Serbia's Davis Cup World Group playoff tie against India in Bangalore next weekend, the Balkan nation's coach Bogdan Obradovic said on Monday. "Djokovic will definitely not join us in India and his fatigue is the
Ivory Coast defender Didier Zokora announced Monday in an interview with the national press that he is calling time on his international career. The 33-year-old, who plays for Turkish club Akhisarspor, retires after winning 117 caps with the national side
Pakistan's domestic Twenty20 champions the Lahore Lions received their Indian visas Monday, ending doubts over their participation in the Champions League as captain Mohammad Hafeez vowed to spread love across the border. Fielding a virtual Pakistan 'A' s
FIFA president Sepp Blatter said Monday that he will be a candidate for a fifth term in charge of world football in an election next year. "Yes I will be ready. I will be a candidate," Blatter said in a video speech to a football conference in Manchester.
Top-ranked batsman Aaron Finch was named as Australia's new Twenty20 captain on Monday after George Bailey stood down to focus on next year's World Cup. The explosive opener, number one on the Twenty20 international batting rankings, will first take charg
Spinner Steve O'Keefe and allrounder Mitchell Marsh could make their Test debuts after being named Monday in Australia's squad for next month's series against Pakistan in the United Arab Emirates. Left-armour O'Keefe, 29, was one of three spinners include
World number one Serena Williams won her 18th Grand Slam title at last, overpowering Caroline Wozniacki 6-3, 6-3 on Sunday to capture her sixth US Open crown. The world number one, shut out in the first three majors of the year, ended a year of waiting as
A Hong Kong-born venture capitalist is giving Harvard University $350 million for its School of Public Health, the largest donation in the university's history, the Harvard Crimson reported Monday. The university newspaper said the gift was from a foundat
African Union chiefs called Monday for travel bans imposed to stem the deadly Ebola epidemic to be lifted, even as World Health Organisation warned of "many thousands" more infections in coming weeks. The death toll from the Ebola epidemic - which is spre
Russian President Vladimir Putin and his Ukrainian counterpart Petro Poroshenko agreed in a phone conversation Monday to continue dialogue aimed at ending the conflict in east Ukraine, the Kremlin said. During the phone call the two leaders discussed "ste
A French scientist credited with pioneering deep-brain stimulation to help Parkinson's disease patients and an American who located a key breast cancer mutation were awarded top science prizes Monday. The annual Lasker awards are among the highest honours
Weapons sent by Western countries to forces fighting Islamic militants in Iraq may end up in the hands of Kurdish rebels in Turkey, Ankara warned on Monday. Branded a terrorist organisation by Turkey and its Western allies, the Kurdistan Workers' Party (P
A suicide bomber from Somalia's Shebab insurgents killed at least 12 people and wounded 27 others Monday by ramming a vehicle packed with explosives into a convoy of African Union troops, officials said. The attack, the latest in a string of killings, com
Islamic fighters in Iraq have killed hundreds of children including in summary executions and used some as suicide bombers, the top UN envoy on children and armed conflict said Monday. "Up to 700 children have been killed or maimed in Iraq since the begin
Highlighting Berlin's long and painful division, 8,000 illuminated balloons will light the course of the old East-West border to mark 25 years since the fall of the Wall, organisers said Monday. The inflated balloons, fixed to the ground with ropes to res
Three elderly Italian nuns were raped and murdered in twin attacks in their convent in the capital of Burundi, police said Monday as a hunt was launched for their killers. Police initially reported that two nuns were stabbed to death on Sunday afternoon.
Afghan presidential candidate Abdullah Abdullah insisted Monday that he won the country's disputed election, dimming hopes that a power-sharing deal could soon be agreed to end the prolonged political crisis. Abdullah repeated claims that massive ballot-r
Iran's supreme leader Ayatollah Ali Khamenei successfully underwent prostate surgery, official media announced Monday in an unprecedented public statement on his health, which has long been subject to speculation. The 75-year-old cleric, who has ruled sin
The CIA tortured al Qaeda suspects "until the point of death" by drowning them in water-filled baths, Britain's Daily Telegraph reported on Monday, ahead of the publication of a US Senate report on interrogation techniques. The paper quoted one security s
A new regulator for Britain's press started work Monday following a scandal over journalists hacking the phones of celebrities and crime victims, but was immediately dismissed as a "sham" by campaigners. The Independent Press Standards Organisation (IPSO)
Cotton futures notched their biggest one-day rally in 2-1/2 weeks on Monday, lifted by tight nearby supplies. The most-active December cotton contract on ICE Futures US closed up 0.74 cent, or 1.2 percent, at 65.05 cents a lb. The concern over near-term s
Copper rose on Monday as weak Chinese import data prompted speculation about looser monetary policy from Beijing, while nickel hit a two-month high on worries over potential supply constraints from the Philippines. The lower chamber of Philippines' Congre