Pakistan and United States on Tuesday affirmed their commitment to a long-term and strong partnership between the two countries for peace, stability and prosperity of the region. In a joint statement, issued at the conclusion of the fifth Ministerial leve
On Tuesday, BRIndex30 opened at 18,850.16 points. It touched an intraday high of 18,870.41 points and an intraday low of 18,641.20 and closed at 18,746.09 points which was -104.07 points or -0.55 percent lower than previous close. Total volume was 148,877
On Tuesday, BRIndex30 opened at 18,850.16 points. It touched an intraday high of 18,870.41 points and an intraday low of 18,641.20 and closed at 18,746.09 points which was -104.07 points or -0.55 percent lower than previous close. Total volume was 148,877
Karachi stocks lost ground Tuesday weighed by spiralling crude oil slump on the international market. The day saw United Arab Emirates, a big contributor to Organisation of Petroleum Exporting Countries (Opec), putting its weight behind the group by refus
Karachi stocks lost ground Tuesday weighed by spiralling crude oil slump on the international market. The day saw United Arab Emirates, a big contributor to Organisation of Petroleum Exporting Countries (Opec), putting its weight behind the group by refus
Karachi stocks lost ground Tuesday weighed by spiralling crude oil slump on the international market. The day saw United Arab Emirates, a big contributor to Organisation of Petroleum Exporting Countries (Opec), putting its weight behind the group by refus
China''''s trade surplus soared by almost half last year to a record $382 billion, the government announced Tuesday, but the world''''s second-largest economy again missed its trade growth target due to weakness overseas. Exports increased 6.1 percent to
China''s trade surplus soared by almost half last year to a record $382 billion, the government announced Tuesday, but the world''s second-largest economy again missed its trade growth target due to weakness overseas. Exports increased 6.1 percent to $2.3
China's trade surplus soared by almost half last year to a record $382 billion, the government announced Tuesday, but the world's second-largest economy again missed its trade growth target due to weakness overseas. Exports increased 6.1 percent to $2.34
China's trade surplus soared by almost half last year to a record $382 billion, the government announced Tuesday, but the world's second-largest economy again missed its trade growth target due to weakness overseas. Exports increased 6.1 percent to $2.34
Commerce Minister Engineer Khurram Dastgir said on Tuesday that the issue of rebate and freight subsidy on export of 0.65 million tons of sugar extended to sugar mills will be reviewed in the light of situation recently witnessed in Sindh. Economic Co-ord
Commerce Minister Engineer Khurram Dastgir said on Tuesday that the issue of rebate and freight subsidy on export of 0.65 million tons of sugar extended to sugar mills will be reviewed in the light of situation recently witnessed in Sindh. Economic Co-ord
Commerce Minister Engineer Khurram Dastgir said on Tuesday that the issue of rebate and freight subsidy on export of 0.65 million tons of sugar extended to sugar mills will be reviewed in the light of situation recently witnessed in Sindh. Economic Co-ord
Pakistan''''s GDP growth is expected to decelerate in fiscal year 2015 as a result of simmering political tensions and the recovery would remain slow on account of persistent energy shortages and a troubled security situation, says the World Bank. The Wor
Pakistan''s GDP growth is expected to decelerate in fiscal year 2015 as a result of simmering political tensions and the recovery would remain slow on account of persistent energy shortages and a troubled security situation, says the World Bank. The World
Pakistan's GDP growth is expected to decelerate in fiscal year 2015 as a result of simmering political tensions and the recovery would remain slow on account of persistent energy shortages and a troubled security situation, says the World Bank. The World
Pakistan's GDP growth is expected to decelerate in fiscal year 2015 as a result of simmering political tensions and the recovery would remain slow on account of persistent energy shortages and a troubled security situation, says the World Bank. The World
United States will provide $250 million to Pakistan for shelter and resettlement of the Temporarily Displaced Persons (TDPs) of North Waziristan as well as reconstruction projects in Federally Administered Tribal Areas (FATA). This was agreed during talks
United States will provide $250 million to Pakistan for shelter and resettlement of the Temporarily Displaced Persons (TDPs) of North Waziristan as well as reconstruction projects in Federally Administered Tribal Areas (FATA). This was agreed during talks
United States will provide $250 million to Pakistan for shelter and resettlement of the Temporarily Displaced Persons (TDPs) of North Waziristan as well as reconstruction projects in Federally Administered Tribal Areas (FATA). This was agreed during talks
Seven condemned prisoners convicted in heinous crimes have been executed on Tuesday. According to a statement of Prime Minister Office, Mushtaq Ahmed s/o Imran Ahmed (attacked the presidential cavalcade in 2004), Nawazish Ali s/o Ali Muhammad (attacked th
Seven condemned prisoners convicted in heinous crimes have been executed on Tuesday. According to a statement of Prime Minister Office, Mushtaq Ahmed s/o Imran Ahmed (attacked the presidential cavalcade in 2004), Nawazish Ali s/o Ali Muhammad (attacked th
Describing militant outfits like Haqqani network, Lashkar-e-Taiba (LeT) and Taliban as threat not only to Pakistan but also to its neighbours, United States and the world at large, US Secretary of State John Kerry Tuesday said Washington is set to boost i
Describing militant outfits like Haqqani network, Lashkar-e-Taiba (LeT) and Taliban as threat not only to Pakistan but also to its neighbours, United States and the world at large, US Secretary of State John Kerry Tuesday said Washington is set to boost i
"We expect our defence forces to remain engaged in counterterrorism operations for some time in the foreseeable future," said foreign affairs adviser Sartaj Aziz. "Continuation of Coalition Support Fund reimbursements are therefore a valuable support that
"We expect our defence forces to remain engaged in counterterrorism operations for some time in the foreseeable future," said foreign affairs adviser Sartaj Aziz. "Continuation of Coalition Support Fund reimbursements are therefore a valuable support that
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
On Monday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.110 billion as compared to PKR 1.459 billion reported on Monday, an increase of 45 percent. The number of lots traded also increased by 16 percent to 10,520 from 9,078. PMEX Commodity
ICE Canadian canola futures dipped on Monday after the US government forecast record-large global supplies. The harvest pushed US soybean stocks as of December 1 to 2.524 billion bushels, according to the US Department of Agriculture, up from 2.154 billio
Spot corn bids were mixed around the US Midwest on Monday after the US government released key crop data, dealers said. Farmers sold early before the reports were released. An Illinois grain merchant noted very light farmer sales after the reports were re
US FOB Gulf soyabean basis values for January-February loadings were slightly firmer after the close on Monday as futures dove after USDA raised its projections of US and Brazilian production as well as global end stocks, traders said. Corn basis offers w
US wheat futures fell on Monday after the US Agriculture Department raised its forecasts of US and world wheat ending stocks above trade expectations, traders said. Chicago Board of Trade March wheat touched a six-week low at $5.54, matching its 100-day m
The Karachi Port handled 83,295 tonnes of cargo comprising 58,646 tonnes of import cargo and 24,649 tonnes of export cargo including 1,967 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 58,6
The January vaida was higher and the March contract did not move any side on the forward cottonseed oilcake market on Tuesday in the process of trading, dealers said. The January contract closed at Rs 1568.00 on Monday and it opened with 20 paisa gain at
Strong buying by mills and spinners remained restricted on dearth of market moving factors, dealers said on the cotton market on Tuesday. The official spot rate was unchanged at Rs 4,950, dealers said. In the ready session, nearly 10,000 bales of cotton c
Moong prices were sharply down on the wholesale grain market on Tuesday in the process of trading, dealers said. On the cereals side, Moong Punjab lost Rs 250 to Rs 12750, Moong Afghan dropped the same amount to Rs 13250, Masoor Canada, however, low quali
Poland will reduce the size of a January 22 bond auction if investors take up all the bonds offered at a tender this week, the head of the finance ministry's public debt department said on Tuesday. The finance ministry had earlier said it would offer betw
Poland will reduce the size of a January 22 bond auction if investors take up all the bonds offered at a tender this week, the head of the finance ministry's public debt department said on Tuesday. The finance ministry had earlier said it would offer betw
Czech car production rose 10.5 percent to a record 1.25 million vehicles in 2014 as markets in Europe and further afield recovered, an industry association said on Tuesday, adding output would remain high this year. The growth has helped underpin the cent
Britain's crisis-hit supermarket sector claimed its first scalp of the year on Tuesday, as Wm Morrison ousted chief executive Dalton Philips following another plunge in Christmas sales at the country's fourth-largest grocer. Morrisons said it would almost
Kazakhstan's industrial output growth slowed to 0.2 percent last year from 2.3 percent in 2013 due mainly to lower production of its key commodities, oil and copper, the Statistics Committee said on Tuesday. The Kazakh government had forecast that industr
Austrian energy group OMV and its partners aim to boost oil output from Yemen by 50 percent if conditions allow, a senior executive told Reuters on Tuesday. Erwin Kroell, senior vice president for the Middle East and Caspian, said plans to raise productio
Hyundai Motor Co on Tuesday said its chairman and his son failed to sell about $1.25 billion worth of shares in affiliate Hyundai Glovis, thwarting a succession move at South Korea's second-biggest family-owned conglomerate. The size of the sale spooked i
Hyundai Motor Co on Tuesday said its chairman and his son failed to sell about $1.25 billion worth of shares in affiliate Hyundai Glovis, thwarting a succession move at South Korea's second-biggest family-owned conglomerate. The size of the sale spooked i
Nigeria's inflation rate was only marginally up at 8 percent in December, completing a second year in single digits despite a sharp fall in the naira currency following a devaluation. The figure compared with compared with 7.9 percent the previous month.
Philips warned on Tuesday that fourth-quarter earnings would be worse than expected because of the lengthy closure of a manufacturing plant in Cleveland, Ohio and a slowdown in some of its major markets. The latest profit warning from the Dutch industrial
Philips warned on Tuesday that fourth-quarter earnings would be worse than expected because of the lengthy closure of a manufacturing plant in Cleveland, Ohio and a slowdown in some of its major markets. The latest profit warning from the Dutch industrial
MetLife said it would file on Tuesday a lawsuit against regulators subjecting it to tougher oversight, challenging their verdict the firm harbours enough risk to endanger the financial system in a crisis. The company, the largest US life insurer, unsucces
MetLife said it would file on Tuesday a lawsuit against regulators subjecting it to tougher oversight, challenging their verdict the firm harbours enough risk to endanger the financial system in a crisis. The company, the largest US life insurer, unsucces
The United States plans to provide up to $2 billion in loan guarantees to Ukraine this year, the US Treasury said on Tuesday, as part of a broader international package to stave off bankruptcy. Like other major donors to the country, Treasury said the gua