Britain and China toasted a "golden age" of relations Tuesday with a state visit festooned with pomp and ceremony but overshadowed by concerns about national security, human rights and economic rivalry. Chinese President Xi Jinping's trip, years in the ma
Britain and China toasted a "golden age" of relations Tuesday with a state visit festooned with pomp and ceremony but overshadowed by concerns about national security, human rights and economic rivalry. Chinese President Xi Jinping's trip, years in the ma
China''''s central bank sold its first-ever dim sum bond on Tuesday, placing a one-year issue in London with a yield of 3.10 percent and order books six times the amount it had planned to sell. Coinciding with a high-profile state visit to Britain by Chin
China''s central bank sold its first-ever dim sum bond on Tuesday, placing a one-year issue in London with a yield of 3.10 percent and order books six times the amount it had planned to sell. Coinciding with a high-profile state visit to Britain by Chines
China's central bank sold its first-ever dim sum bond on Tuesday, placing a one-year issue in London with a yield of 3.10 percent and order books six times the amount it had planned to sell. Coinciding with a high-profile state visit to Britain by Chinese
China's central bank sold its first-ever dim sum bond on Tuesday, placing a one-year issue in London with a yield of 3.10 percent and order books six times the amount it had planned to sell. Coinciding with a high-profile state visit to Britain by Chinese
The death toll from last month''s Hajj stampede has risen to at least 1,958, according to tallies given by foreign officials, making it the deadliest incident in the pilgrimage''s history. Saudi Arabia has yet to provide an updated death toll after saying
The death toll from last month's Hajj stampede has risen to at least 1,958, according to tallies given by foreign officials, making it the deadliest incident in the pilgrimage's history. Saudi Arabia has yet to provide an updated death toll after saying 7
The death toll from last month's Hajj stampede has risen to at least 1,958, according to tallies given by foreign officials, making it the deadliest incident in the pilgrimage's history. Saudi Arabia has yet to provide an updated death toll after saying 7
Punjab government has opposed Prime Minister Nawaz Sharif''s decision to share the operational cost of Rawalpindi-Islamabad Metro Bus service with the province on an equal basis. Sources in Capital Development Authority (CDA) said that the Prime Minister
Punjab government has opposed Prime Minister Nawaz Sharif's decision to share the operational cost of Rawalpindi-Islamabad Metro Bus service with the province on an equal basis. Sources in Capital Development Authority (CDA) said that the Prime Minister o
Punjab government has opposed Prime Minister Nawaz Sharif's decision to share the operational cost of Rawalpindi-Islamabad Metro Bus service with the province on an equal basis. Sources in Capital Development Authority (CDA) said that the Prime Minister o
Auditor General of Pakistan (AGP) has made astonishing disclosure that the tax-to GDP ratio of Federal Board of Revenue (FBR) reached its lowest level on the conclusion of the international donor''s funded Tax Administration Reform Project (TARP). Accordi
Auditor General of Pakistan (AGP) has made astonishing disclosure that the tax-to GDP ratio of Federal Board of Revenue (FBR) reached its lowest level on the conclusion of the international donor's funded Tax Administration Reform Project (TARP). Accordin
Auditor General of Pakistan (AGP) has made astonishing disclosure that the tax-to GDP ratio of Federal Board of Revenue (FBR) reached its lowest level on the conclusion of the international donor's funded Tax Administration Reform Project (TARP). Accordin
On Tuesday, BRIndex30 opened at 20,686.62 points and remained negative throughout the trading session. It touched an intraday high of 20,656.09 points and an intraday low of 20,560.82 points and closed at 20,560.82 points which was -125.8 points or -0.61
On Tuesday, BRIndex30 opened at 20,686.62 points and remained negative throughout the trading session. It touched an intraday high of 20,656.09 points and an intraday low of 20,560.82 points and closed at 20,560.82 points which was -125.8 points or -0.61
Stocks shed 56.5 points Tuesday to close at 33,910.17 points from 33,966.75 points Monday. Lack of trigger and profit-taking in select stocks the analysts cited as major reasons for the day''s bearish trend. In intraday trade, the KSE-100 index remained v
Stocks shed 56.5 points Tuesday to close at 33,910.17 points from 33,966.75 points Monday. Lack of trigger and profit-taking in select stocks the analysts cited as major reasons for the day's bearish trend. In intraday trade, the KSE-100 index remained vo
Stocks shed 56.5 points Tuesday to close at 33,910.17 points from 33,966.75 points Monday. Lack of trigger and profit-taking in select stocks the analysts cited as major reasons for the day's bearish trend. In intraday trade, the KSE-100 index remained vo
At least three Russians fighting alongside Syrian government forces were killed and several more wounded when a shell hit their position in the coastal province of Latakia, a senior pro-government military source said on Tuesday. If confirmed, the deaths
At least three Russians fighting alongside Syrian government forces were killed and several more wounded when a shell hit their position in the coastal province of Latakia, a senior pro-government military source said on Tuesday. If confirmed, the deaths
The US government has approved an $11 billion deal to sell Saudi Arabia four advanced warships, officials said Tuesday, amid mounting regional tension. Saudi Arabia is modernising its eastern fleet, which faces off against Iranian forces across the oil-ri
The US government has approved an $11 billion deal to sell Saudi Arabia four advanced warships, officials said Tuesday, amid mounting regional tension. Saudi Arabia is modernising its eastern fleet, which faces off against Iranian forces across the oil-ri
The Trading Corporation of Pakistan (TCP) has proposed the retail sale of cotton on a daily basis at Karachi Cotton Association rates to immediately offload the procured stocks. Sources told Business Recorder Tuesday that this proposal has been sub
The Trading Corporation of Pakistan (TCP) has proposed the retail sale of cotton on a daily basis at Karachi Cotton Association rates to immediately offload the procured stocks. Sources told Business Recorder Tuesday that this proposal has been sub
The Trading Corporation of Pakistan (TCP) has proposed the retail sale of cotton on a daily basis at Karachi Cotton Association rates to immediately offload the procured stocks. Sources told Business Recorder Tuesday that this proposal has been sub
Pakistan's cricket chief said Tuesday he was not optimistic about resuming ties with India after hardline Hindu activists sabotaged talks between the two sides. Pakistan Cricket Board (PCB) chairman Shaharyar Khan was due to meet Board of Control for Cric
Pakistan's cricket chief said Tuesday he was not optimistic about resuming ties with India after hardline Hindu activists sabotaged talks between the two sides. Pakistan Cricket Board (PCB) chairman Shaharyar Khan was due to meet Board of Control for Cric
Chief of Army Staff (COIAS) General Raheel Sharif visited Headquarters Frontier Corps (FC) KPK at Balahassar Fort, Peshawar on Tuesday. He was briefed by IG FC about operational preparedness of the force, progress of ongoing operations and FC's capacity b
Chief of Army Staff (COIAS) General Raheel Sharif visited Headquarters Frontier Corps (FC) KPK at Balahassar Fort, Peshawar on Tuesday. He was briefed by IG FC about operational preparedness of the force, progress of ongoing operations and FC's capacity b
China has agreed to finance second 660 MW coal fired power plant at Thar block II aimed at enhancing generation capacity of Thar block to 1320 MW. This decision was made at the meeting held on video conference between Secretary Ministry of Water and Power
China has agreed to finance second 660 MW coal fired power plant at Thar block II aimed at enhancing generation capacity of Thar block to 1320 MW. This decision was made at the meeting held on video conference between Secretary Ministry of Water and Power
China has agreed to finance second 660 MW coal fired power plant at Thar block II aimed at enhancing generation capacity of Thar block to 1320 MW. This decision was made at the meeting held on video conference between Secretary Ministry of Water and Power
Pakistan and Russia have not yet decided many important financial components of the $2 billion government-to-government deal signed on 16 October to lay an LNG pipeline from Karachi to Lahore including tolling fee and capacity charge, informed sources tol
Pakistan and Russia have not yet decided many important financial components of the $2 billion government-to-government deal signed on 16 October to lay an LNG pipeline from Karachi to Lahore including tolling fee and capacity charge, informed sources tol
Pakistan and Russia have not yet decided many important financial components of the $2 billion government-to-government deal signed on 16 October to lay an LNG pipeline from Karachi to Lahore including tolling fee and capacity charge, informed sources tol
Prime Minister Nawaz Sharif has arrived here on a four-day official visit and was received by the officials of US State Department and Pakistan embassy. Pakistan's ambassador to the US, Jalil Abbas Jilani and the country's envoy to the United Nations Mali
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
Prime Minister Nawaz Sharif has arrived here on a four-day official visit and was received by the officials of US State Department and Pakistan embassy. Pakistan's ambassador to the US, Jalil Abbas Jilani and the country's envoy to the United Nations Mali
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
Pakistan Sugar Mills Association (PSMA) has reportedly sought a 50 percent increase - from Rs 10 to Rs 15 per kg - in rebate on export of sugar at the beginning of the crushing season of 2015-16, well informed sources in told Business Recorder. Wit
Pakistan Sugar Mills Association (PSMA) has reportedly sought a 50 percent increase - from Rs 10 to Rs 15 per kg - in rebate on export of sugar at the beginning of the crushing season of 2015-16, well informed sources in told Business Recorder. Wit
Pakistan Sugar Mills Association (PSMA) has reportedly sought a 50 percent increase - from Rs 10 to Rs 15 per kg - in rebate on export of sugar at the beginning of the crushing season of 2015-16, well informed sources in told Business Recorder. Wit
While expressing serious reservations on the country''s privatisation process, Chair-man Senate Standing Committee on Finance Saleem Mandviwala said was unable to understand rationale behind offering Pakistan Steel Mills to the Sindh government, which is
A former president of the United Nations General Assembly, a billionaire Macau real estate developer and three others were formally indicted by a US grand jury on Tuesday for engaging in a wide-ranging bribery scheme. John Ashe, a former UN ambassador fro
While expressing serious reservations on the country's privatisation process, Chair-man Senate Standing Committee on Finance Saleem Mandviwala said was unable to understand rationale behind offering Pakistan Steel Mills to the Sindh government, which is n
On Monday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 4.75 billion. The number of lots traded was 25.61 million. PMEX Commodity Index closed at 2,559. Major business was contributed by gold amounting to PKR 4.57 billion followed by crude
While expressing serious reservations on the country's privatisation process, Chair-man Senate Standing Committee on Finance Saleem Mandviwala said was unable to understand rationale behind offering Pakistan Steel Mills to the Sindh government, which is n
European Union wheat prices were lower on Monday with parched crops in both Russia and the southern US Plains set to benefit from much needed showers this week. December milling wheat on the Paris-based Euronext settled 1.25 euros or 0.7 percent lower at
Weeks after the Afghan Taliban's biggest battlefield success since 2001, dissident commanders unhappy with their new leader Mullah Akhtar Mohammad Mansour are meeting to choose a rival, they told Reuters on Tuesday. Analysts say the recent brief occupatio
The Karachi Port handled 132,036 tonnes of cargo comprising 97,578 tonnes of import cargo and 34,458 tonnes of export cargo including 5,005 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 97,
Weeks after the Afghan Taliban's biggest battlefield success since 2001, dissident commanders unhappy with their new leader Mullah Akhtar Mohammad Mansour are meeting to choose a rival, they told Reuters on Tuesday. Analysts say the recent brief occupatio
Soyabean export premiums at the US Gulf Coast were mostly level on Monday, underpinned by steady demand from top importer China but capped by growing supplies from a bumper harvest, traders said. Corn and wheat export premiums were flat in quiet trading a
Spot cash basis bids for hard red winter wheat were unchanged in the southern US Plains on Monday and farmer selling was quiet as K.C. hard red winter wheat futures fell to one-month lows, grain dealers said. Most producers were finishing up planting wint
The Philippines could be forced to import more rice after Typhoon Koppu hit major grain producing regions over the weekend causing "significant" losses, a senior agriculture official said on Tuesday. Official preliminary estimates on losses stood at aroun
Russian wheat prices rose further last week, supported by higher demand after a cut in wheat export tax, analysts and a trader said on Tuesday. The market had been expecting the tax cut for several weeks before the order went out on September 30 and farme
Mills and spinners indulged in forward buying on the cotton market on Tuesday ahead of long week-end in observance of Muharram holidays, dealers said. The official spot rate dropped Rs 50 to Rs 5350, dealers said. In Sindh, seed cotton prices were unchang
ICE Canadian canola fell for the sixth time in eighth sessions on Monday, weighed down by some hedging by farmers and commercial operators who were guarding against further declines as the end of harvest neared, traders said. Canola harvest was close to c