Australian shares are expected to creep up over the remainder of the year and remain short of the 6,000-point mark, a Reuters poll found, as investors fret over an economy hobbled by massive household debt and stagnant wage growth. The benchmark S&P/ASX 2

Sindh Chief Minister Syed Murad Ali Shah has said that the on-going development schemes launched under Rs 10 billion Karachi package must be completed by the end of this month, "other-wise I would be become PD myself to complete them."

10. GENERAL MEETINGS A. Statutory Meeting The repealed law required public companies to hold this meeting between the fourth and sixth month of being entitled to commence business. The Act now requires it to be held within 180 days of bein

10. GENERAL MEETINGS A. Statutory Meeting The repealed law required public companies to hold this meeting between the fourth and sixth month of being entitled to commence business. The Act now requires it to be held within 180 days of bein

10. GENERAL MEETINGS A. Statutory Meeting The repealed law required public companies to hold this meeting between the fourth and sixth month of being entitled to commence business. The Act now requires it to be held within 180 days of bein

Prices of essential kitchen items, especially of vegetables, witnessed a significant increase during the past week as compared to the preceding week, reveals a survey conducted by Business Recorder here on Saturday. However, the survey observed tha

Executive Director Afzaal Memorial Thalassemia Foundation (AMTF), Ateeq Ur Rehman has urged general public to donate blood to save life of children suffering from Thalassemia. He said, "We are facing acute shortage of blood at AMTF". He said donating bloo

The capital police have failed to control increasing crime rate as more than 22 cases of theft, robbery, burglary, vehicle lifting, purse snatching, murder and abduction were reported to different police stations of the city during the last week. Accordin

Iranian border guards on Saturday fired three rockets into Balochistan. Reports from the area said the rockets were fired into Panjgoor district of Balochistan, which landed in Proome area. However, no casualty was reported in the rocket attack. Area peop

Hot, dry weather that has strained crops from Spain to Hungary could shave several million tonnes off the EU's wheat production this year, limiting scope to raise exports of the staple cereal after a disappointing past season, a Reuters poll showed. The 2

Floods have slowed corn harvesting in some parts of Argentina but the crop losses being reported in waterlogged fields have been made up for by higher-than expected yields countrywide, farmers and analysts said on Monday.

The condition of French soft wheat improved slightly in the week to July 3 while harvesting advanced only slowly, data from farming agency FranceAgriMer showed on Friday, suggesting the impact of rainfall following a hot, dry June. Some 66 percent of soft

Informa Economics raised its US 2017 corn production forecast to 14.166 billion bushels from 14.077 billion after incorporating revised acreage estimates that the US Department of Agriculture released last week, the private analytics firm said in a client

Egypt aims to double production of its most famous export, the silky soft cotton once known as "white gold", after a period of slumping output, an Agriculture Ministry spokesman said on Saturday. Hamed Abdel-Dayem told Reuters production should rise to 1.

A group of former traders from commodity house Glencore are set to launch an online platform on Wednesday that allows mining companies and smelters to cut out the middlemen and save cash on deals for concentrates. Open Mineral already has commitments from

ICE cotton futures rose for the third straight session to more than two-week highs on Friday after a US federal report showed strong export sales numbers for top consumer China, with prices further supported by weather-related crop woes. The December cott

Zimbabwe's budget deficit will increase by nearly $120 million this year due to a maize subsidy, Reuters calculations show, in a scheme critics of President Robert Mugabe say will be open to abuse and saddle a troubled economy with more debt. Facing an el

The Canadian and Alberta governments and three energy companies said on Thursday they will spend C$70 million ($51.14 million) to develop three new clean technology projects, aimed at cutting costs and carbon emissions in the country's oil sands. Northern

Amnesty International urged world leaders on Saturday to stand up to "hyper-nationalist" democratically elected leaders in countries including Turkey, where authorities have detained the local director and chair of the rights group. Amnesty Secretary Gene

Two US supersonic bombers conducted live-fire drills on Saturday in South Korea in a show of force following North Korea's test-launch of an intercontinental ballistic missile (ICBM), the South's military said. The pair of B-1B Lancer strategic bombers fl

Tens of thousands of people descended on London's streets on Saturday for the annual gay Pride march, marking the 50th anniversary of the decriminalisation of homosexuality in England and Wales. Armed police and strict security measures were in place to p

The firefighters who battled an inferno at a London apartment block that killed at least 80 people last month were hindered by equipment failings including the lack of a high ladder, the BBC reported on Saturday. More than 200 firefighters and 40 engines

British Columbia has declared a state of emergency in response to forest fires that have forced the evacuation of thousands of people in Canada's westernmost province. "Given the current wildfire situation and the expected increase in wildfire activity, t

German Chancellor Angela Merkel said Saturday that "deep differences" remain between her and Turkish President Recep Tayyip Erdogan, after they met on the sidelines of the G20 summit. She stressed however that Erdogan had engaged in the talks and that the

At least nine people were shot and hacked to death in Kenya's coastal Lamu County early Saturday, in the latest attack by militants in the region. Police sources said Shabaab militants were believed to be behind the killings which took place in the villag

Russia and the United States have agreed to a ceasefire in southwest Syria starting from midday on Sunday, Russian Foreign Minister Sergei Lavrov announced Friday. "Today in Amman Russian, American and Jordanian experts... agreed on a memorandum of unders

Snipers in high-rise buildings are the main problem facing Philippine forces battling to crush pro-Islamic State fighters who have occupied a southern city for more than a month, a military spokesman said Saturday. Lieutenant Colonel Jo-ar Herrera said th

British Foreign Minister Boris Johnson on Saturday urged Arab states to end their Qatar boycott, downplaying the odds of a military escalation in the worst crisis to grip the Gulf in years. Johnson met with his Kuwaiti counterpart Sheikh Sabah Khaled Al-S

Venezuela's most prominent political prisoner, Leopoldo Lopez, was released from jail early Saturday and placed under house arrest amid intensifying pressure on the embattled leftist government of Nicolas Maduro. "Leopoldo Lopez is at his home in Caracas

Batsman Craig Ervine hit a quickfire 69 to help Zimbabwe pull off a four-wicket victory over Sri Lanka in the rain-shortened fourth one-day international and level the five-match series at 2-2 in Hambantota on Saturday. Chasing a Duckworth-Lewis revised t

Prime Minister Nawaz Sharif has approved nominations of two members namely Najam Aziz Sethi and Arif Ejaz to the Board of Governors of Pakistan Cricket Board (PCB) for a three-year term starting from 6th August, 2017, says a press release.

Top-flight football resumed in tiny west African nation Benin Saturday after a two-year absence due to power struggles between officials. Among those who attended a league fixture involving Atlantic Sharks and US Seme-Krake were state president Patrice Ta

Alastair Cook's unbeaten fifty strengthened England's grip on the first Test at Lord's after South Africa had to toil in the field without Vernon Philander on Saturday. England were 119 for one in their second innings at stumps on the third day, a lead of

Pakistan leg-spinner Yasir Shah will complete an impressive international line-up when MCC face Afghanistan in the new Test nation's first match at Lord's on Tuesday. Yasir, who has taken 149 wickets in 26 Tests, has most recently been playing for Kent in

Week-long National Archery Coaching Course under the aegis of Pakistan Archery Federation concluded here at PSB Coaching Center on Saturday. President Pakistan Archery Federation Muhammad Wisal Khan, President KP Sports Writers Association Jehanzeb Siddiq

Three-time champion Novak Djokovic reached the Wimbledon fourth round for the 10th time on Saturday with a 6-4, 6-1, 7-6 (7/2) win over Ernests Gulbis of Latvia. Second seed Djokovic will play France's Adrian Mannarino for a place in the quarter-finals.

Belgian international striker Romelu Lukaku is set to join Manchester United for a reported £75million ($97m, 85.5m euros), a record fee between British clubs, after the buying club announced Saturday they had reached agreement with Everton. The 24-year-o

Manchester United-bound striker Romelu Lukaku is likely to have to spend a fraction of his extravagant salary on settling a fine in Beverly Hills after being arrested during a noisy party at his rented mansion. A Beverly Hills Police Department statement

The outlook for emerging Asian currencies has brightened compared to the beginning of the year, driven largely by a weaker dollar on fading expectations for major US tax cuts any time soon, a Reuters poll found. Most Asian currencies have got the better o

China has no intention of devaluing its currency, the yuan, to boost its competitiveness, said the head of the country's foreign exchange regulator. There is also no necessity for China to devalue its currency, Pan Gongsheng, head of the State Administrat

Morocco's surprise delay in announcing its proposed currency liberalisation came only because the government needed "further studies" of the plan, Prime Minister Saadeddine El Othmani said, dismissing speculation that it ran into significant problems. Las

Speculators this week slashed net long bets on the US dollar to their lowest since mid-May 2016 when investors overall had net short positions on the greenback, according to calculations by Reuters and Commodity Futures Trading Commission data released on

The Russian finance ministry will hugely reduce daily purchases of foreign currency for state coffers in July as its extra oil and gas revenues evaporated, the ministry said on Wednesday. The ministry would buy 74.3 million roubles ($1.24 million) worth o

The dollar gained on Friday after a report showed the US economy created far more jobs than expected in June and previous months, keeping the Federal Reserve on track to raise interest rates at least one more time this year. Following the report, the doll

Foreign exchange strategists are now more optimistic about sterling against the dollar than they were at the start of 2017, with a majority becoming either less bearish or more bullish, a Reuters poll found on Thursday. But they were evenly split on how v

The Canadian dollar strengthened on Friday to nearly a 10-month high against its US counterpart after stronger-than-expected domestic jobs data boosted chances of an interest rate increase by the Bank of Canada as soon as next week. Canada's economy added

The Philippines' new central bank governor, Nestor Espenilla, warned of the potentially "far-reaching" impact of advanced economies' exits from their accommodative monetary policies, on his first day as the head of the bank. Espenilla, who previously head

The Tanzanian shilling is expected to remain firm in the days ahead, buoyed by a slowdown in demand for US dollars, while Kenya's shilling is expected to weaken due to demand from oil and merchandise importers buying dollars.

Wall Street stocks closed on a high note Friday, with the S&P 500 index posting its best gain in six sessions on the heels of a US payrolls report that gave investors more confidence in the strength of the US economy. The economy added 222,000 jobs last m

Most US Treasury yields rose on Friday, with longer-dated yields briefly hitting multi-week highs, after US jobs data came in strong enough to keep expectations alive for tighter global central bank monetary policy. Trading was choppy after the US June em

Most US Treasury yields rose on Friday, with longer-dated yields briefly hitting multi-week highs, after US jobs data came in strong enough to keep expectations alive for tighter global central bank monetary policy. Trading was choppy after the US June em

Thursday's sharp drop in US stock prices highlights the risks taken on by investors who continue to bet that market volatility will remain subdued, but these kinds of shocks to the system, experts say, are unlikely to deter them from a very profitable tra

Egypt has picked a consortium led by CI Capital to act as lead managers and bookrunners for a stock market listing of oil company ENPPI, the country's first initial public offering (IPO) of a state-owned company for 12 years.

Canada's main stock index fell to its weakest in more than seven months on Friday as risk appetite waned on the back of North American jobs data that supported rate-hike expectations in Canada and the United States, while higher bond yields and a slide in

Foreign investors are reassessing their positions in Asian equities, given rising global yields and the modest earnings outlook for Asian companies for the rest of the year. June data taken from seven Asian exchanges including India, Indonesia and Thailan

Rice prices in the world's top three exporters of the staple fell this week on weak demand, traders said on Thursday. In Thailand, benchmark 5-percent broken rice was quoted at $420-$430 a tonne, free-on-board (FOB) Bangkok, down from $432-$440 a tonne la

Following currency fluctuations took place in foreign exchange rates during the last month. (June 1 to 30, 2017)

The weather report on Saturday (July 08, 2017) and the forecast for Sunday (July 09, 2017).

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (July 08, 2017).

Karachi Yarn Market Rates on Saturday (July 08, 2017).

Karachi Yarn Market Rates on Saturday (July 08, 2017).

Cotton yarn rates in rupees per 10 Lbs on Saturday (July 08, 2017).

Cotton yarn rates in rupees per 10 Lbs on Saturday (July 08, 2017).

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (July 08, 2017)

Paper market rates in rupees on Saturday (July 08, 2017).

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 08, 2017).

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (July 08, 2017).

Karachi Port's world-wide shipping schedule beginning Saturday (July 08, 2017).

Karachi Port's world-wide shipping schedule beginning Saturday (July 08, 2017).

Dollar buying and selling rate in the kerb market in rupees on Saturday (July 08, 2017).

A declining trend was seen in the value of the rupee against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee in relation to the dollar dropped 20 paisas for buying at Rs 106.20 and lost 10 paisas for selling a

A declining trend was seen in the value of the rupee against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee in relation to the dollar dropped 20 paisas for buying at Rs 106.20 and lost 10 paisas for selling a

The following were the cross transactions between client to client & financial institutions here on Saturday (July 08, 2017).

The following transactions member to member subsequently reported on Saturday (July 08, 2017).

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (July 08, 2017).

All timings are in PST (Pakistan Standard Time).

Tea prices in Bangladesh rose 3.3 percent at the weekly auction amid concerns that bad weather could hit production in key producing countries. Bangladesh tea fetched an average of 214.77 taka ($2.6) per kg at the auction on Tuesday, compared with 207.90

Chicago Board of Trade corn futures fell on Thursday, snapping a streak of seven straight higher closes, after the US Agriculture Department reported a surprise bump in crop ratings on Wednesday afternoon. Weakness in wheat also weighed on corn prices. Th

The Philippines' state grains buyer issued on Thursday an international tender to buy 250,000 tonnes of 25 percent broken long grain white rice, rushing to boost thinning government stockpile. Bids must be submitted on or before July 25, when the sealed o

Discounts in Vietnam and Indonesia, Asia's top coffee exporters, widened as world coffee prices rose, but trading was thin in both markets, traders said on Thursday. Rising prices of the London ICE September contract boosted local coffee price in Vietnam,

Export premiums for corn and soyabeans shipped from the US Gulf Coast were steady to lower on Thursday, weighed down by weak CIF barge basis values and limited export demand, traders said. Hard red winter wheat export premiums tumbled along with falling C

US natural gas futures on Thursday climbed as a decline in projected output offset forecasts for lower cooling demand through late July. After falling to a 17-week low on Wednesday, front-month gas futures for August delivery rose 4.8 cents, or 1.7 percen

Cash-hungry Venezuela has offered Indian oil firm ONGC Videsh an increased stake in an oil field, according to two sources close to the proposal, as the country seeks to shore up its bruised energy industry and strengthen ties with New Delhi. State oil fi

The Brazilian government plans to sell shares in its airport operator Infraero through an initial public offering, potentially surrendering control of the agency, Transportation Minister Mauracio Quintella told Reuters on Wednesday.

Portugal is looking to build on its economic and cultural ties with China by becoming the first euro zone country to borrow in the $9.5 trillion Chinese bond market, potentially opening the way for other European governments. Beijing is tentatively removi

Portugal is looking to build on its economic and cultural ties with China by becoming the first euro zone country to borrow in the $9.5 trillion Chinese bond market, potentially opening the way for other European governments. Beijing is tentatively removi

Cheap credit is for now not fuelling a destabilising real-estate bubble in Germany but the central bank is closely watching the market, Bundesbank vice president Claudia Buch said on Saturday. Housing prices in Germany - relatively cheap compared with oth

Indonesian state firms are courting foreign pension funds by offering a share in future revenue from toll roads, power stations and other infrastructure projects, as part of a presidential drive to secure $10 billion in additional inflows. The state budge

Indonesian state firms are courting foreign pension funds by offering a share in future revenue from toll roads, power stations and other infrastructure projects, as part of a presidential drive to secure $10 billion in additional inflows. The state budge

The eurozone economy still needs a long period of easy monetary policy and a shift in message that induced a market selloff last week was merely a nuanced change to reflect better growth, European Central Bank chief economist Peter Praet said. The ECB sti

China's FAW Car Co Ltd, a partner of Japan's Mazda Motor Corp, will recall over 680,000 Mazda cars due to issues with air bags that were supplied by embattled Japanese auto parts supplier Takata Corp. The recall includes Mazda 6 vehicles manufactured in C

China's foreign exchange reserves edged up in June for a fifth consecutive month, in line with market expectations, as capital outflows eased in the face of tighter regulations and the dollar's rally paused. Reserves rose $3.2 billion during June to $3.05

The World Bank on Saturday launched a public-private loan programme aimed at providing over $1 billion to support women entrepreneurs in developing countries, a project first initiated by US President Donald Trump's daughter Ivanka Trump. The event put a

Sears Holdings Corp is closing eight of its namesake department stores and 35 Kmart locations to cut costs and square footage in an effort to return to profitability, Chief Executive Officer Eddie Lampert said on Friday. The store closings are in addition

Sears Holdings Corp is closing eight of its namesake department stores and 35 Kmart locations to cut costs and square footage in an effort to return to profitability, Chief Executive Officer Eddie Lampert said on Friday. The store closings are in addition

Tesla Inc has won an Australian contract to install the world's biggest grid-scale battery in what experts say will be a litmus test for the reliability of large-scale renewable energy. Tesla CEO Elon Musk, known for his bold approach to cars, clean energ

Soyameal on the European meals and feeds market was mostly easier on Thursday on expectations Chicago soyameal futures would succumb to profit taking following recent sharp gains. "Most players on the European cash market believed Chicago's reaction to Fr

Spot basis bids for hard red winter wheat held steady at terminals across the interior southern US Plains on Thursday, grain dealers said. Bids for wheat shipped to export terminals at the US Gulf firmed, rising by 5 cents per bushel. Farmer selling was s

Freight rates for very large crude carriers (VLCCs) could rise next week on firm sentiment in the Middle East and West Africa markets but higher oil prices and fewer floating storage opportunities could cap increases, brokers said on Friday. "Middle East

Gasoline refining margins in northwest Europe inched higher on Thursday following stock draws in the ARA hub as well as the United States. Gasoline stocks in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) hub dropped 4.5 percent in the week