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Print - 2017-06-10
May pledges minority government

May pledges minority government

British Prime Minister Theresa May said she would lead a minority government backed by a small Northern Irish party after she lost an election gamble days before the start of talks on Britain's departure from the European Union. May called the snap electi
Published 10 Jun, 2017 12:00am
US calls on Arab states to ease Qatar blockade

US calls on Arab states to ease Qatar blockade

The United States on Friday called on Arab states to ease their blockade on Qatar and demanded all sides move to calm tensions that intensified with a Turkish offer to send troops, warships and planes to aid its Qatari ally. Saudi Arabia, the United Arab
Published 10 Jun, 2017 12:00am
US calls on Arab states to ease Qatar blockade

US calls on Arab states to ease Qatar blockade

The United States on Friday called on Arab states to ease their blockade on Qatar and demanded all sides move to calm tensions that intensified with a Turkish offer to send troops, warships and planes to aid its Qatari ally. Saudi Arabia, the United Arab
Published 10 Jun, 2017 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 10 Jun, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (June 09, 2017).

Published 10 Jun, 2017 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (June 09, 2017).
Published 10 Jun, 2017 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 Friday (June 09, 2017).

Published 10 Jun, 2017 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (June 09, 2017).

Published 10 Jun, 2017 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 Friday (June 09, 2017).

Published 10 Jun, 2017 12:00am
Barclays bid rates and maximum rates for payment of interest
Exchange

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 10 Jun, 2017 12:00am
State Bank of Pakistan conversion rates
Exchange

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 10 Jun, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 10 Jun, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 10 Jun, 2017 12:00am
BRIDGE NOTES: Easy to play but difficult to spot

BRIDGE NOTES: Easy to play but difficult to spot

In Bridge, dummy play holds a pivotal position in the overall outcome of a closely contested encounter. All top players of Bridge are basically very good dummy players for they can well comprehend at one glance what are the essential requirement and how b
Published 10 Jun, 2017 12:00am
Lynne Ramsay, so near yet so far from historic Cannes win

Lynne Ramsay, so near yet so far from historic Cannes win

Lynne Ramsay was the "nearly" woman of this year's Cannes film festival. In a year when actresses were never more vocal about the need for more female directors in male-dominated Hollywood, and many critics predicted she would be the first woman to win it
Published 10 Jun, 2017 12:00am
New exhibition gives rare insight into life of diva Maria Callas

New exhibition gives rare insight into life of diva Maria Callas

Forty years after her death, the personal life of opera great Maria Callas still has a rapt audience. An exhibition in Athens, called "Maria Callas - The Myth Lives On", is displaying 200 personal items belonging to the star, including some never put on d
Published 10 Jun, 2017 12:00am
Hollywood raids bookshelves in search of good stories

Hollywood raids bookshelves in search of good stories

Hollywood has always adapted the classics but film and television's voracious appetite for new material now has film-makers raiding the bookshelves like never before. Six of the movies at the Cannes film festival were taken from books.
Published 10 Jun, 2017 12:00am
European telecom firms pin hopes on 'Esports' video game gladiators

European telecom firms pin hopes on 'Esports' video game gladiators

Marcos Ochoa has just landed the dream job for many young Europeans: he is being paid to play video games. The 27-year-old Spaniard, whose internet nickname is "Aeroz", is a rising star of the Esports, or video games competitions that are played online or
Published 10 Jun, 2017 12:00am
Dutch funeral expo digs up the latest in death trends

Dutch funeral expo digs up the latest in death trends

Coffins decked out with board games, gravesites doubling as vegetable patches or children's toy "funeral building bricks" complete with a hearse and crematorium - just some of the latest trends for dealing with death. More than 3,500 visitors flocked to a
Published 10 Jun, 2017 12:00am
Britain's real-life 'Iron Man' has high hopes for jet suit

Britain's real-life 'Iron Man' has high hopes for jet suit

The British inventor of an "Iron Man"-style jet suit has lofty hopes that his project, which started out as fun experiment, could become a practical tool for industries ranging from entertainment to the military.
Published 10 Jun, 2017 12:00am
Who's your mummy? Genetic secrets of ancient Egypt unwrapped

Who's your mummy? Genetic secrets of ancient Egypt unwrapped

DNA from mummies found at a site once known for its cult to the Egyptian god of the afterlife is unwrapping intriguing insight into the people of ancient Egypt, including a surprise discovery that they had scant genetic ties to sub-Saharan Africa.
Published 10 Jun, 2017 12:00am
Why parents' tech obsession may mean kids misbehave

Why parents' tech obsession may mean kids misbehave

Parents who are constantly checking their phones for texts, emails and cat videos may be more likely to have kids who misbehave than people who are able to step away from their screens, a small US study suggests.
Published 10 Jun, 2017 12:00am
The art of everyday objects growing like mushrooms

The art of everyday objects growing like mushrooms

What is nicer after a long day than sinking your feet into comfortable slippers? But one Italian designer is hoping to show that shoes made from mushrooms can be just as cosy.
Published 10 Jun, 2017 12:00am
ART FACTS: Diverse inspirations and aspirations

ART FACTS: Diverse inspirations and aspirations

The works of six young artists recently graduated from the National College of Arts, Lahore and Rawalpindi, were a celebration of the apparent spontaneity and compelling individuality of each artist in a group show titled 'Department store' at Sanat Galle
Published 10 Jun, 2017 12:00am
Aura of sanctity

Aura of sanctity

The artist's mystic inclinations appeared to surface through aesthetically appealing calligraphy works in a group exhibition of calligraphy titled "Mashq-e-Junoo" at Artscene Gallery, Karachi. The beauty of the styles was brought out as each style was dis
Published 10 Jun, 2017 12:00am
KARACHI CHRONICLE: Fruitless fruit boycott?

KARACHI CHRONICLE: Fruitless fruit boycott?

The three-day boycott of purchasing expensive fruit, which lasted from Friday to Sunday last week, showed the public has the will to take a stand against consumer exploitation. Fruit sales were down 50 percent on the very first day of the boycott. At the
Published 10 Jun, 2017 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 2,919. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 5.520 billion and the number of lots traded was 17,559. Major business was contributed by g
Published 10 Jun, 2017 12:00am
Palm oil falls on European vegoils market
Vegetable Oil

Palm oil falls on European vegoils market

Palm oil on the European vegetable oils market eased on Wednesday, tracking weaker Malaysian palm oil futures on forecasts for an increase in Malaysian production and falling export demand. Asking prices for palm oil were between unchanged and $17.50 a to
Published 10 Jun, 2017 12:00am
US natural gas futures ease as oil prices plunge

US natural gas futures ease as oil prices plunge

US natural gas futures eased on Wednesday in sympathy with a sharp decline in crude oil despite forecasts for warmer weather over the next two weeks that is expected to boost cooling demand. US oil futures on Wednesday fell $2.47, or 5.1 percent, to $45.7
Published 10 Jun, 2017 12:00am
Argentine corn exports set to compete with Brazil, US
Exchange

Argentine corn exports set to compete with Brazil, US

Harvesting of Argentina's biggest corn crop ever has been slowed by rains across the Pampas grains belt, pushing export schedules past August and increasing the competition against massive expected output from Brazil and the United States. What is shaping
Published 10 Jun, 2017 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 151,217 tonnes of cargo comprising 111,249 tonnes of import cargo and 39,968 tonnes of export cargo including 8,662 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 111
Published 10 Jun, 2017 12:00am
Slow business on cotton market
Cotton

Slow business on cotton market

Some needy spinners took little interest in fresh deals on the cotton market on Friday, dealers said. The official spot rate was unchanged at Rs 6800, they said. In the ready session, nearly 1000 bales of cotton change hands comprising 200 bales from Shah
Published 10 Jun, 2017 12:00am
EU wheat hits near one month high
Exchange

EU wheat hits near one month high

Paris wheat futures rose to their highest in almost a month on Wednesday as the market again tracked weather-fuelled gains in US prices. Traders, however, were cautious about further gains for European prices given improving crop conditions in the region
Published 10 Jun, 2017 12:00am
South Africa bans poultry imports from Zimbabwe after bird flu outbreak

South Africa bans poultry imports from Zimbabwe after bird flu outbreak

South Africa has halted poultry imports from Zimbabwe after a recent outbreak of highly contagious avian influenza at a farm in the neighbouring country, the government said Thursday. The department of agriculture said although South Africa imports "very
Published 10 Jun, 2017 12:00am
Sirius XM in talks to invest in Pandora

Sirius XM in talks to invest in Pandora

Sirius XM Holdings Inc, the US satellite radio company controlled by John Malone's Liberty Media Corp, is seeking to invest in internet music provider Pandora Media Inc, people familiar with the matter said. Sirius XM is negotiating a private investment i
Published 10 Jun, 2017 12:00am
Shell resumes crude exports at Nigeria Forcados terminal

Shell resumes crude exports at Nigeria Forcados terminal

Royal Dutch Shell has resumed crude exports from its Forcados terminal in Nigeria after production was disrupted following repeated attacks by militants in the restive oil-producing region, a company spokesman said Thursday. The resumption will see Nigeri
Published 10 Jun, 2017 12:00am
Air France counts on Boost to attract new customers

Air France counts on Boost to attract new customers

Air France hopes its planned budget long-haul carrier will attract business travellers as well as younger customers to a brand that is sometimes seen as too rigid, the chief executive of parent group Air France-KLM told Reuters on Tuesday. The new unit, w
Published 10 Jun, 2017 12:00am
Swiss recovery from franc shock well on way

Swiss recovery from franc shock well on way

Switzerland's economy is three-quarters of the way through its recovery from the 2015 currency shock, the main business lobby said on Thursday, after positive jobs and inflation data showed improvement was underway. Economiesuisse said it expected the Swi
Published 10 Jun, 2017 12:00am
Conviction starts to fade for Fed rate hikes beyond June

Conviction starts to fade for Fed rate hikes beyond June

The US Federal Reserve will raise interest rates twice more this year, but conviction for a move beyond a widely expected rise this month has faded for many forecasters along with the outlook for inflation for most, a Reuters poll showed. Growing doubts a
Published 10 Jun, 2017 12:00am
Chinese Apple staff suspected of selling private data
Exchange

Chinese Apple staff suspected of selling private data

Chinese authorities say they have uncovered a massive underground operation run by Apple employees selling computer and phone users' personal data. Twenty-two people have been detained on suspicion of infringing individuals' privacy and illegally obtainin
Published 10 Jun, 2017 12:00am
Valeant looks to trim debt pile with $930 millions iNova sale

Valeant looks to trim debt pile with $930 millions iNova sale

Valeant Pharmaceuticals International Inc said on Thursday it would sell its iNova Pharmaceuticals business for $930 million, as Chief Executive Joseph Papa steps up efforts to slash the embattled Canadian drugmaker's enormous debt pile. Papa has narrowed
Published 10 Jun, 2017 12:00am
German industrial production rebounds strongly in April

German industrial production rebounds strongly in April

Industrial production in Europe's largest economy Germany rebounded faster than expected in April from a March slump, official data showed Thursday, beating analysts' expectations. Manufacturing grew 0.8 percent compared with the previous month, adjusting
Published 10 Jun, 2017 12:00am
SoftBank to buy robot maker Boston Dynamics

SoftBank to buy robot maker Boston Dynamics

Japan-based SoftBank Group late Thursday announced it is buying animal-based robot maker Boston Dynamics from Google-parent Alphabet. Financial terms of the deal were not disclosed, but SoftBank portrayed the move as in sync with its vision for robotics.
Published 10 Jun, 2017 12:00am
Eurozone growth revised up to highest rate in two years

Eurozone growth revised up to highest rate in two years

The eurozone economy grew by more than previously estimated in the first quarter and at its fastest rate in two years, EU statistics agency Eurostat said on Thursday, ahead of a European Central Bank meeting that kept policy unchanged. Eurostat said the 1
Published 10 Jun, 2017 12:00am
Strong Canada jobs growth adds to case for interest rate hikes

Strong Canada jobs growth adds to case for interest rate hikes

Canada's job growth accelerated in May at its fastest pace in eight months, and annual wage growth improved, prompting economists to suggest the Bank of Canada could raise interest rates sooner than anticipated. Employers added 54,500 jobs last month, Sta
Published 10 Jun, 2017 12:00am
China factory gate inflation slows to 5.5 percent in May

China factory gate inflation slows to 5.5 percent in May

Prices for goods at the factory gate in China missed expectations in May, the government said Friday, in a possible sign of weakening demand for the world's second-largest economy. The producer price index (PPI) rose 5.5 percent year-on-year, according to
Published 10 Jun, 2017 12:00am
Airbus says passenger plane market to double within 20 years

Airbus says passenger plane market to double within 20 years

Airbus Friday said it expects the market for large passenger planes to more than double in the next 20 years driven by growth from Asian markets. Raising its previous forecasts for the next two decades, the European aircraft maker also said a slowdown in
Published 10 Jun, 2017 12:00am
Even before new political chaos, British economy was limping

Even before new political chaos, British economy was limping

Britain's economy appeared to be struggling to pick up pace even before Friday's inconclusive election result, with industrial output rising less than expected in April after a poor start to 2017. The combination of a lack of economic momentum and the hei
Published 10 Jun, 2017 12:00am
Brazil's inflation rate falls to lowest in 10 years

Brazil's inflation rate falls to lowest in 10 years

Brazil's annual inflation rate tumbled more than expected in May to its lowest in 10 years, data showed on Friday, underscoring bets on a lower inflation target and new interest rate cuts that could bolster a feeble economic recovery. Consumer prices as m
Published 10 Jun, 2017 12:00am
Germany eyes stronger growth through 2019

Germany eyes stronger growth through 2019

Germany's central bank on Friday raised its growth forecasts through to 2019, on the back of strong private and public consumption. Gross domestic product is now expected to expand by 1.9 percent this year, up from 1.8 percent previously forecast. Likewis
Published 10 Jun, 2017 12:00am
EU slaps China with new steel anti dumping duties

EU slaps China with new steel anti dumping duties

The European Union imposed new anti-dumping duties on steel products from China on Friday, as it broadens its campaign to protect struggling steel manufacturers in Europe. The EU took the latest action against China, which makes more than half the world's
Published 10 Jun, 2017 12:00am
Hong Kong wealth gap hits 46 year high

Hong Kong wealth gap hits 46 year high

Hong Kong's wealth gap was on Friday revealed to be at its highest in nearly 50 years, with living conditions fuelling discontent in the city as it prepares to mark two decades under Chinese rule. Sky-high prices and the cost of living outstrip many ordin
Published 10 Jun, 2017 12:00am
North Korea coal export sinks to zero after China import ban

North Korea coal export sinks to zero after China import ban

North Korea's global coal exports sunk to zero in April, UN data showed, as China choked off imports from Pyongyang to ramp up pressure on its nuclear-armed neighbour. China - the North's sole major ally and economic lifeline - announced in February a sus
Published 10 Jun, 2017 12:00am
Venezuela inflation so far this year at 128 percent

Venezuela inflation so far this year at 128 percent

Inflation in Venezuela's crisis-hit economy was 127.8 percent in the first five months of 2017, the opposition-led congress said on Friday in the absence of official data. Economic hardship in the country, where many are skipping food and there are severe
Published 10 Jun, 2017 12:00am
Tokyo stocks close up as SoftBank hits 17 year high

Tokyo stocks close up as SoftBank hits 17 year high

Tokyo stocks rose Friday with SoftBank soaring to a 17-year-high, while traders took in their stride sacked FBI chief James Comey's testimony that Donald Trump asked him to drop a probe into the administration's Russia links. Telecoms giant SoftBank surge
Published 10 Jun, 2017 12:00am
Indian shares fall

Indian shares fall

Indian shares fell on Friday, with Infosys dragging benchmark indexes lower following a report its founders were preparing to exit the IT bellwether, while the prospects of a hung parliament in the UK also hurt sentiment. Infosys was trading 1.62 percent
Published 10 Jun, 2017 12:00am
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