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Print - 2015-04-22
Soyabeans rise on Chinese stimulus

Soyabeans rise on Chinese stimulus

US soyabean futures rose for a fifth consecutive session on Monday on worries about a possible trucker strike in Brazil and as an economic stimulus move by top importer China reinforced expectations of brisk demand for the oilseed. Wheat rebounded from st
Published 22 Apr, 2015 12:00am
Rubber rises

Rubber rises

Benchmark Tokyo rubber futures ended up 3.5 percent on Tuesday, marking their biggest daily percentage gain since December 30, 2014 after hitting a two-week high earlier in the session, bolstered by a weaker yen against the dollar. However, weak market fu
Published 22 Apr, 2015 12:00am
Palm oil up

Palm oil up

Malaysian palm oil futures extended their gains into a third session and rose to the highest in nearly two weeks on Tuesday as the ringgit retreated, while a promising technical outlook also stoked buying interest. The Malaysian ringgit fell 0.4 percent t
Published 22 Apr, 2015 12:00am
ECC may mull allocation, pricing of LNG today

ECC may mull allocation, pricing of LNG today

The Economic Co-ordination Committee (ECC) of the Cabinet meeting scheduled today (Wednesday) is likely to consider allocation and pricing of LNG along with associated matters, it was learnt. Sources said that the ECC meeting chaired by Finance Minister I
Published 22 Apr, 2015 12:00am
Toyota to launch two hybrid cars in China this year

Toyota to launch two hybrid cars in China this year

Toyota Motor Corp, the world's largest automaker by sales volume, plans to launch two hybrid cars in China this year as part of efforts to launch vehicles that will help to reduce pollution in the country. The gasoline-electric hybrid cars, called Levin H
Published 22 Apr, 2015 12:00am
TTIP, a red rag to a bull in Germany

TTIP, a red rag to a bull in Germany

Say four simple letters, TTIP, to many Europeans and you're likely to be met with a blank stare. But in Germany, where resistance to the proposed US-EU free trade pact or Transatlantic Trade and Investment Partnership is fiercest, the response is likely t
Published 22 Apr, 2015 12:00am
Makai prices higher on grain market

Makai prices higher on grain market

Makai prices were higher on the wholesale grain market on Tuesday in the process of trading, dealers said. On the cereals side, Makai low quality rose by Rs 185 to Rs 2560 and best quality gained Rs 75 to 2575, Moong Punjab maintained upward trend, gainin
Published 22 Apr, 2015 12:00am
Ivorian cocoa arrivals seen up

Ivorian cocoa arrivals seen up

Cocoa arrivals at ports in top grower Ivory Coast reached around 1,311,000 tonnes by April 19 since the start of the season on October 1, exporters estimated on Monday, up from 1,287,000 tonnes in the same period of the previous season. Exporters estimate
Published 22 Apr, 2015 12:00am
Oil cake market rates

Oil cake market rates

The May vaida was down and the July contract was inert on the forward cottonseed oilcake market on Tuesday in the process of trading, dealers said. The May vaida closed at Rs 1750.50 on Monday and it commenced with 60 paisa fall at Rs 1749.90 in the morni
Published 22 Apr, 2015 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 129,934 tonnes of cargo comprising 83,451 tonnes of import cargo and 46,483 tonnes of export cargo including NA loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday.
Published 22 Apr, 2015 12:00am
Vietnam's domestic coffee sales pick up

Vietnam's domestic coffee sales pick up

Domestic coffee sales in Vietnam have picked up in recent days with farmers beginning to unload stocks as prices recovered slightly, which would help boost export volumes in a holiday-shortened April, traders said on Tuesday.
Published 22 Apr, 2015 12:00am
CBOT wheat futures firmer on short-covering

CBOT wheat futures firmer on short-covering

Wheat futures on the Chicago Board of Trade firmed Monday in largely technical moves, including short-covering, but gains were limited by weak fundamentals including poor export demand, traders said. Bear-spreading noted, with spot CBOT May wheat losing g
Published 22 Apr, 2015 12:00am
Indian gold demand muted at festival, buyers hope for lower prices

Indian gold demand muted at festival, buyers hope for lower prices

Gold purchases in India started slowly on Tuesday, a festival day, despite a fall in local prices, as hard times in rural areas have hit demand and many buyers are holding back because they expect prices to fall even further. Indians are the world's bigge
Published 22 Apr, 2015 12:00am
Ukraine seeks to export one million tonnes of sunmeal to China

Ukraine seeks to export one million tonnes of sunmeal to China

Ukraine expects to export around 1 million tonnes of sunflower meal to China, a Ukrainian industry official was quoted on Monday as saying. "A (Chinese) commission is due to arrive in Ukraine in May to examine our plants. We are talking about 1 million to
Published 22 Apr, 2015 12:00am
US FOB Gulf wheat offers lower on weak demand

US FOB Gulf wheat offers lower on weak demand

Export premiums for wheat shipped from the Gulf Coast were flat to lower on Monday as weak export demand and improving new-crop production prospects following recent widespread rains weighed on prices, traders said.
Published 22 Apr, 2015 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Monday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.552 billion. The number of lots traded was 15,924. PMEX Commodity Index closed at 2,611. Major business was contributed by crude oil amounting to PKR 1,959 billion followed by gold (P
Published 22 Apr, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 22 Apr, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 22 Apr, 2015 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

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
Published 22 Apr, 2015 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

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
Published 22 Apr, 2015 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (April 21, 2015).

Published 22 Apr, 2015 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (April 21, 2015).

Published 22 Apr, 2015 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (April 21, 2015).

Published 22 Apr, 2015 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (April 21, 2015).

Published 22 Apr, 2015 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (April 21, 2015).
Published 22 Apr, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (April 21, 2015).

Published 22 Apr, 2015 12:00am
Xi ends visit: more accords signed

Xi ends visit: more accords signed

Chinese President Xi Jinping on Tuesday concluded his two-day state visit to Pakistan after finalising various agreements related to China-Pakistan Economic Corridor and other energy projects worth $46 billion. The Chinese President and the First Lady wer
Published 22 Apr, 2015 12:00am
Xi ends visit: more accords signed

Xi ends visit: more accords signed

Chinese President Xi Jinping on Tuesday concluded his two-day state visit to Pakistan after finalising various agreements related to China-Pakistan Economic Corridor and other energy projects worth $46 billion. The Chinese President and the First Lady wer
Published 22 Apr, 2015 12:00am
Xi ends visit: more accords signed

Xi ends visit: more accords signed

Chinese President Xi Jinping on Tuesday concluded his two-day state visit to Pakistan after finalising various agreements related to China-Pakistan Economic Corridor and other energy projects worth $46 billion. The Chinese President and the First Lady wer
Published 22 Apr, 2015 12:00am
China a country very close our hearts: Prime Minister

China a country very close our hearts: Prime Minister

Prime Minister Nawaz Sharif on Tuesday expressed his gratitude to the Chinese President Xi Jinping and his delegation for their visit to Pakistan, saying China is not just a friend from afar, but one close to our hearts. The Prime Minister acknowledged Xi
Published 22 Apr, 2015 12:00am
China a country very close our hearts: Prime Minister

China a country very close our hearts: Prime Minister

Prime Minister Nawaz Sharif on Tuesday expressed his gratitude to the Chinese President Xi Jinping and his delegation for their visit to Pakistan, saying China is not just a friend from afar, but one close to our hearts. The Prime Minister acknowledged Xi
Published 22 Apr, 2015 12:00am
China a country very close to our hearts: Prime Minister

China a country very close to our hearts: Prime Minister

Prime Minister Nawaz Sharif on Tuesday expressed his gratitude to the Chinese President Xi Jinping and his delegation for their visit to Pakistan, saying China is not just a friend from afar, but one close to our hearts. The Prime Minister acknowledged Xi
Published 22 Apr, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (April 21, 2015).

Published 22 Apr, 2015 12:00am
China a country very close to our hearts: Prime Minister

China a country very close to our hearts: Prime Minister

Prime Minister Nawaz Sharif on Tuesday expressed his gratitude to the Chinese President Xi Jinping and his delegation for their visit to Pakistan, saying China is not just a friend from afar, but one close to our hearts. The Prime Minister acknowledged Xi
Published 22 Apr, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (April 21, 2015).

Published 22 Apr, 2015 12:00am
Xi hails Pakistan's security help in west China

Xi hails Pakistan's security help in west China

Chinese President Xi Jinping on Tuesday lauded the role of Pakistan in the war against terrorism with a pledge that his nation would continue to stand by its all-time friend to root out the scourge of terrorism and extremism. In his address to the joint-s
Published 22 Apr, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (April 21, 2015).

Published 22 Apr, 2015 12:00am
Xi hails Pakistan's security help in west China

Xi hails Pakistan's security help in west China

Chinese President Xi Jinping on Tuesday lauded the role of Pakistan in the war against terrorism with a pledge that his nation would continue to stand by its all-time friend to root out the scourge of terrorism and extremism. In his address to the joint-s
Published 22 Apr, 2015 12:00am
Safety of Chinese workers: special army division to be deputed

Safety of Chinese workers: special army division to be deputed

Pakistan Army has decided to depute special security division for the protection of Chinese working in Pakistan. According to ISPR, "A special security division, comprising Army Battalions and CAF wings, is being raised as a dedicated force for Pak-China
Published 22 Apr, 2015 12:00am
Safety of Chinese workers: special army division to be deputed

Safety of Chinese workers: special army division to be deputed

Pakistan Army has decided to depute special security division for the protection of Chinese working in Pakistan. According to ISPR, "A special security division, comprising Army Battalions and CAF wings, is being raised as a dedicated force for Pak-China
Published 22 Apr, 2015 12:00am
Safety of Chinese workers: special army division to be deputed

Safety of Chinese workers: special army division to be deputed

Pakistan Army has decided to depute special security division for the protection of Chinese working in Pakistan. According to ISPR, "A special security division, comprising Army Battalions and CAF wings, is being raised as a dedicated force for Pak-China
Published 22 Apr, 2015 12:00am
Safety of Chinese workers: special army division to be deputed

Safety of Chinese workers: special army division to be deputed

Pakistan Army has decided to depute special security division for the protection of Chinese working in Pakistan. According to ISPR, "A special security division, comprising Army Battalions and CAF wings, is being raised as a dedicated force for Pak-China
Published 22 Apr, 2015 12:00am
Coalition ends Yemen air war, but keeps options open

Coalition ends Yemen air war, but keeps options open

A Saudi-led coalition declared an end Tuesday to four weeks of air strikes in Yemen, saying the threat of Iran-backed rebels there had been removed and that operations are entering a political phase. However, it left open the option of resuming strikes if
Published 22 Apr, 2015 12:00am
Coalition ends Yemen air war, but keeps options open

Coalition ends Yemen air war, but keeps options open

A Saudi-led coalition declared an end Tuesday to four weeks of air strikes in Yemen, saying the threat of Iran-backed rebels there had been removed and that operations are entering a political phase. However, it left open the option of resuming strikes if
Published 22 Apr, 2015 12:00am
Imam-e-Kaaba due tomorrow

Imam-e-Kaaba due tomorrow

Imam-e-Kaaba, Sheikh Kahlid Bin Ali Al-Ghamdi is due to arrive here tomorrow (Thursday). Sources said that Imam-e-Kaaba, who is expected to remain in the country for about six days, will meet Pakistani leadership. During his stay in the country, he would
Published 22 Apr, 2015 12:00am
Imam-e-Kaaba due tomorrow

Imam-e-Kaaba due tomorrow

Imam-e-Kaaba, Sheikh Kahlid Bin Ali Al-Ghamdi is due to arrive here tomorrow (Thursday). Sources said that Imam-e-Kaaba, who is expected to remain in the country for about six days, will meet Pakistani leadership. During his stay in the country, he would
Published 22 Apr, 2015 12:00am
Executions: government urges SC to vacate stay

Executions: government urges SC to vacate stay

The federal government on Tuesday urged the Supreme Court to vacate its stay order that it earlier granted against execution of death sentences awarded by the recently-established military courts under the 21st Constitutional Amendment. Taking up 28 pleas
Published 22 Apr, 2015 12:00am
Executions: government urges SC to vacate stay

Executions: government urges SC to vacate stay

The federal government on Tuesday urged the Supreme Court to vacate its stay order that it earlier granted against execution of death sentences awarded by the recently-established military courts under the 21st Constitutional Amendment. Taking up 28 pleas
Published 22 Apr, 2015 12:00am
Morsi jailed for 20 years

Morsi jailed for 20 years

An Egyptian court Tuesday sentenced ousted president Mohamed Morsi to 20 years in prison for abuses against protesters but acquitted the Islamist leader of charges carrying a possible death penalty. Morsi was convicted of ordering the arrest and torture o
Published 22 Apr, 2015 12:00am
Morsi jailed for 20 years

Morsi jailed for 20 years

An Egyptian court Tuesday sentenced ousted president Mohamed Morsi to 20 years in prison for abuses against protesters but acquitted the Islamist leader of charges carrying a possible death penalty. Morsi was convicted of ordering the arrest and torture o
Published 22 Apr, 2015 12:00am
ECC may mull allocation, pricing of LNG today

ECC may mull allocation, pricing of LNG today

The Economic Co-ordination Committee (ECC) of the Cabinet meeting scheduled today (Wednesday) is likely to consider allocation and pricing of LNG along with associated matters, it was learnt. Sources said that the ECC meeting chaired by Finance Minister I
Published 22 Apr, 2015 12:00am
Twitter moves to stem violent threats, abuse

Twitter moves to stem violent threats, abuse

Twitter on Tuesday began implementing a new policy aimed at curbing use of the social network to incite violence, and to crack down on abuse and harassment on the service. The new rules are the latest implemented by social networks aiming to stem violence
Published 22 Apr, 2015 12:00am
THE RUPEE: little changes

THE RUPEE: little changes

Minor changes were seen in the value of the rupee on the money market on Tuesday in the process of trading, dealers said. The rupee inched up by one-paisa against the dollar for buying and selling at Rs 101.56 and Rs 101.58 respectively, they said.
Published 22 Apr, 2015 12:00am
CASA 1000: Core project pacts to be inked in Turkey on April 23

CASA 1000: Core project pacts to be inked in Turkey on April 23

Core project agreements of the long-awaited Central Asia South Asia 1000 (CASA 1000) will be signed on April 23-24, 2015 in Turkey, official sources told Business Recorder. Minister for Water and Power, Khawaja Asif, Additional Secretary Incharge M
Published 22 Apr, 2015 12:00am
CASA 1000: Core project pacts to be inked in Turkey on April 23

CASA 1000: Core project pacts to be inked in Turkey on April 23

Core project agreements of the long-awaited Central Asia South Asia 1000 (CASA 1000) will be signed on April 23-24, 2015 in Turkey, official sources told Business Recorder. Minister for Water and Power, Khawaja Asif, Additional Secretary Incharge M
Published 22 Apr, 2015 12:00am
Karachiites asked to surrender illegal weapons by April 30

Karachiites asked to surrender illegal weapons by April 30

Director General of Sindh Rangers on Tuesday asked the citizens to surrender their illegal weapons/weapons kept on fake license at the nearest Rangers post by April 30. A Rangers spokesperson in a press release said that DG Rangers had observed with conce
Published 22 Apr, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 21, 2015).

Published 22 Apr, 2015 12:00am
Karachiites asked to surrender illegal weapons by April 30

Karachiites asked to surrender illegal weapons by April 30

Director General of Sindh Rangers on Tuesday asked the citizens to surrender their illegal weapons/weapons kept on fake license at the nearest Rangers post by April 30. A Rangers spokesperson in a press release said that DG Rangers had observed with conce
Published 22 Apr, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 21, 2015).

Published 22 Apr, 2015 12:00am
Iran says not interested in FTA: Dastgir reaches Tehran

Iran says not interested in FTA: Dastgir reaches Tehran

Commerce Minister, Engineer Khurram Dastgir has reached Tehran (Iran) aimed at enhancing declining bilateral trade as Iran has clearly conveyed to Pakistan that it has no interest in inking Free Trade Agreement (FTA), well informed sources told Busines
Published 22 Apr, 2015 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (April 21, 2015).

Published 22 Apr, 2015 12:00am
Iran says not interested in FTA: Dastgir reaches Tehran

Iran says not interested in FTA: Dastgir reaches Tehran

Commerce Minister, Engineer Khurram Dastgir has reached Tehran (Iran) aimed at enhancing declining bilateral trade as Iran has clearly conveyed to Pakistan that it has no interest in inking Free Trade Agreement (FTA), well informed sources told Busines
Published 22 Apr, 2015 12:00am
Iran says not interested in FTA: Dastgir reaches Tehran

Iran says not interested in FTA: Dastgir reaches Tehran

Commerce Minister, Engineer Khurram Dastgir has reached Tehran (Iran) aimed at enhancing declining bilateral trade as Iran has clearly conveyed to Pakistan that it has no interest in inking Free Trade Agreement (FTA), well informed sources told Busines
Published 22 Apr, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (April 21, 2015)

Published 22 Apr, 2015 12:00am
Twitter moves to stem violent threats, abuse

Twitter moves to stem violent threats, abuse

Twitter on Tuesday began implementing a new policy aimed at curbing use of the social network to incite violence, and to crack down on abuse and harassment on the service. The new rules are the latest implemented by social networks aiming to stem violence
Published 22 Apr, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (April 21, 2015).

Published 22 Apr, 2015 12:00am
Twitter moves to stem violent threats, abuse

Twitter moves to stem violent threats, abuse

Twitter on Tuesday began implementing a new policy aimed at curbing use of the social network to incite violence, and to crack down on abuse and harassment on the service. The new rules are the latest implemented by social networks aiming to stem violence
Published 22 Apr, 2015 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 22 Apr, 2015 12:00am