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
US corn futures rose to their highest level since June 2016 on Friday, supported by forecasts for hot and dry weather that could hinder crop development, traders said. Gains were kept in check by a US Agriculture Department report that showed weekly expor
Palm oil on the European vegetable oils market was offered mostly firmer on Friday on expectations that Malaysian palm oil production declined in June. Asking prices for palm oil were between unchanged and $5 per tonne higher although Malaysian palm oil f
Soyameal on the European meals and feeds market was slightly firmer on Friday, tracking technical strength in CBOT soyameal futures and support from a weaker dollar. "Asking prices were mostly fixed on last night's firmer Chicago close, but the European c
Export premiums for corn shipped from the US Gulf Coast were mostly lower on Friday, pressured by ample supplies and weak demand as South American shipments are undercutting demand, traders said. US corn export sales last week fell to the lowest level in
CBOT September wheat may break a support at $5.31-1/2 per bushel and fall more to the next support at $5.25-1/2, as suggested by its wave pattern and a Fibonacci ratio analysis. The support is provided by the 223.6 percent Fibonacci projection level of an
Gasoline refining margins in northwest Europe fell on Friday due to lower barge demand, but tightening transatlantic stocks capped further losses. Barge trading activity has eased in recent days after the Cressier refinery in Switzerland restarted and as
US natural gas futures on Friday slipped as a larger-than-expected storage build and big declines in crude futures offset forecasts for less production and rising cooling demand. The US Energy Information Administration (EIA) said utilities added 72 billi
European wheat futures tracked Chicago prices higher in afternoon trading on Friday, supported by crop problems in the United States which boosted demand for EU supplies. December milling wheat, the most active contract on the Paris-based Euronext exchang
Prices maintained firm posture on the cotton market on Monday in the process of modest trade, dealers. The official spot rate was unchanged at Rs 6100, they said. In the ready session over 2000 bales of cotton were finalised at Rs 6250, they said. In Sind
On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 2,839. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 6.010 billion and the number of lots traded was 21,284.
Asian spot LNG prices dipped this week amid a salvo of export tenders and tepid demand from North Asia. Spot prices for August delivery edged down 5 cents to $5.45 per million British thermal units (mmBtu) from week-ago levels, three trading sources said
The Karachi Port handled 352,365 tonnes of cargo comprising 290,904 tonnes of import cargo and 61,461 tonnes of export cargo including 7,263 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 290
India, the world's biggest sugar consumer, is likely to raise import duty on the sweetener to 50 percent from 40 percent in an attempt to restrict cheaper flows of the commodity from overseas, a government official said on Friday. Lower imports by India c
Russian wheat export prices gained for an eighth straight week, spurred by rising Chicago benchmark prices on concerns that dry, hot weather will hit US crops, analysts said. Egypt's latest state tender, in which Cairo agreed to buy 115,000 tonnes of Russ
Spot basis bids for hard red winter wheat shipped by rail to export terminals at the US Gulf weakened on Friday following heavy farmer sales earlier this week, dealers said. Bids were flat at interior terminals across the southern US Plains. Dealers said
Asia's naphtha crack rose for the second day to reach a three-session high of $53.35 a tonne, supported by weaker Brent crude. High supplies due to refiners in parts of Asia maximising run rates and high exports from the Middle East to Asia have persisten
Lighter rainfall in most of Ivory Coast's main cocoa-growing regions last week improved prospects for the main cocoa crop, although more sun is needed to boost flowering, farmers said. The light showers were a relief after weeks of heavy rain had flooded
Corn spot basis bids were flat to narrowly mixed in the US Midwest on Friday as some farmers boosted sales to take advantage of gains in the futures market, grain buyers said. Farmers sold large amounts of corn to an elevator in Davenport, Iowa, with the
Bangladesh's exports in the fiscal year ended in June rose nearly 1.7 percent from a year earlier, but that was the slowest growth in 15 years, while pivotal garment sales posted only 0.2 percent growth. The Export Promotion Bureau said on Monday total ex
China's producer price inflation was unchanged in June and remained well off highs seen earlier this year, amid lingering oversupply issues in the steel sector and as signs of economic weakness weighed on the outlook for prices. The producer price index (
Japan's core machinery orders unexpectedly tumbled in May on persistent weakness in the services sector, and the government downgraded the outlook for orders for the first time in eight months, raising doubts about the strength of the economic recovery. T
The Bank of Japan offered its most optimistic view of the country's regional economies in more than a decade on solid exports and private consumption, underscoring its conviction a steady recovery is gathering momentum. But BoJ Governor Haruhiko Kuroda re
Chinese conglomerate Wanda said Monday it will sell dozens of hotels and other projects to developer Sunac China Holdings for $9.3 billion to slash debt, two weeks after acknowledging it was being probed following heavy overseas investments. It is China's
Apple on Monday said it would invest six billion Danish kroner ($920 million, 810 million euros) in a data centre in Denmark, its second in the country to run entirely on clean energy.
Global demand for food and agriculture products is projected to slow "considerably" over the next decade, mainly due to weakening consumption in China, the UN food agency said Monday. Over the 10-year period beginning this year, growth in the demand for a
A British government-commissioned report is to recommend that those working in the so-called "gig economy" for firms like taxi app Uber, receive rights such as sick pay and holiday entitlement, the BBC reported on Monday. Last year, Prime Minister Theresa
State-owned Qatar Petroleum and French energy giant Total will formally launch a 25-year joint venture to develop the Al Shaheen oil field this week, the companies said Monday. The North Oil Company, to be launched on Tuesday, will be made up of a 70 perc
The chances of Britain's economy picking up steam diminished further on Monday as surveys showed major companies have curtailed their investment plans and that consumers spent less on their credit cards. The reports added to a string of lacklustre economi
German Finance Minister Wolfgang Schaeuble on Monday warned that eurozone banking rules required reform amid criticism that recent rescues of Italian banks failed to heed the lessons of the financial crisis. European regulators have come under fire for al
German exports rose more strongly than expected in May, outpacing a solid increase in imports and widening the trade surplus of Europe's biggest economy, data showed on Monday. The surprisingly strong trade figures, released by the Federal Statistics Offi
Middle East markets followed global shares higher on Monday and Saudi Arabia's stock index was bolstered by strong quarterly reports and dividend announcements. For now, unease about an end to the era of ultra-cheap money has given way to optimism about g
Tokyo stocks closed higher Monday as upbeat US and Chinese data buoyed investor sentiment, while a weaker yen lifted exporters. The market rallied on a strong lead from Wall Street after the US Labor Department said the world's top economy created almost
Indian shares posted their highest close on Monday, tracking a rally in global markets, although trading was disrupted at the National Stock Exchange (NSE) for most of the session after technical issues prevented dealers from seeing updated stock quotatio
US stocks were up on Monday as gains in technology stocks helped outweigh losses in healthcare. Six of the 11 major S&P sectors were higher, with technology index's 0.69 percent gain boosting the broader index. Facebook, Microsoft, Apple and Nvidia proppe
Hong Kong stocks ended firmer on Monday, as local stocks tracked gains in Wall Street, which climbed on better than expected US jobs data. The Hang Seng index rose 0.6 percent, to 25,500.06 points, while the China Enterprises Index lost 0.4 percent, to 10
Most Southeast Asian stock markets fell on Monday on concerns about foreign fund outflows from emerging markets to better-yielding US assets as solid jobs data cemented expectations of more rate hikes by the Federal Reserve.
Sri Lankan stocks rose on Monday to reach an 18-month closing high led by telecom and diversified shares, but volume was thin as foreign trading low. Domestic investors, however, cautiously acquired shares amid concern over a proposed tax bill. The day's
Eurozone bond yields came off multi-month highs on Monday as investors dipped their toes back into the market after the brutal sell-off of the last two weeks. Investors dumped government bonds over the past two weeks on the belief that the European Centra
Eurozone bond yields came off multi-month highs on Monday as investors dipped their toes back into the market after the brutal sell-off of the last two weeks. Investors dumped government bonds over the past two weeks on the belief that the European Centra
China's main stock indexes were little changed on Monday, as investors awaited fresh catalysts ahead of a burst of data due over the next week. The blue-chip CSI300 index fell 0.1 percent, to 3,653.69 points, while the Shanghai Composite Index slipped 0.2
European stocks closed higher on Monday, underpinned by financials and basic resources, as mergers and acquisitions rumbled on with some broker notes also prompting individual stock moves. The pan-European STOXX 600 was up 0.4 percent at its close, rising
Australian shares snapped a three-day losing streak on Monday, pushed up by financial and consumer stocks, as optimism spread from Wall Street on better-than-expected US jobs data. The benchmark Australian index finished up 0.4 percent, or 20.83 points, a
Britain's top share index held firm on Monday as a rise among financials and commodities stocks lent support, though a plunge in Carillion's shares after a profit warning weighed on mid-caps. The blue chip FTSE 100 index was up 0.3 percent at 7,370.03 poi
Morocco's macroeconomic indicators indicate the country is ready to introduce a flexible exchange rate, but delaying the introduction is "not a problem", the International Monetary Fund said on Monday. Morocco, the region's biggest energy importer, has be
The dollar was on solid footing on Monday, after a bigger-than-expected increase in US jobs suggested the Federal Reserve would stick with its tightening plans for the rest of this year. US job growth surged more than expected in June and employers increa
The dollar climbed to a two-month high against the yen on Monday as the Bank of Japan's offer last week to buy an unlimited amount of bonds, and an unexpected drop in Japanese May machinery orders, pressured the Japanese currency. BoJ Governor Haruhiko Ku
The dollar climbed to a two-month high against the Japanese yen on Monday as robust jobs data propped up US Treasury yields, although investors were wary of adding big positions before Federal Reserve chief Janet Yellen's testimony this week. The yen came
The Sri Lankan rupee edged lower on Monday as importers demanded dollars amid mild selling of the US currency by banks and exporters, dealers said. The spot rupee ended at 153.73/80 per dollar, compared with Friday's close of 153.60/70. Dollar conversions
Asian currencies were flat to higher on Monday, as the greenback gave up earlier gains that followed better than expected US jobs data, with investors turning their attention to sluggish wage growth and what that meant for monetary policy. The greenback c
Nigeria's currency window for investors and exporters has traded around $3.83 billion since it was established on April 24, traders said on Monday, with the naira trading more strongly than on the black market. The window, where buyers and sellers are fre
China's yuan on Monday firmed against the US dollar relative to where the Chinese currency ended Friday night, even though the greenback has strengthened since better-than-expected June US jobs data.
Sterling traded close to a two-week low on Monday, with a run of lacklustre data casting doubt over the Bank of England's recent warnings that it is on the verge of raising borrowing costs. Surveys on Monday showed that major companies have curtailed inve
The Australian and New Zealand dollars got nowhere against their US counterpart on Monday, but gained on a weakening Japanese yen as the outlook for interest rates globally continued to diverge. The Australian dollar was stuck at $0.7610, well off the rec
Pakistan is set to host Association of International Sports Press (AIPs) Asia Congress scheduled on October 5-8 this year. More than 70 international sports journalists from 35 countries of the world will participate. The decision in this connection was t
Evin Lewis blazed his second hundred against India to lead the West Indies to a rampaging nine-wicket victory in the one-off T20 international at Sabina Park on Sunday. Replying to the tourists' challenging total of 190 for six, Lewis stole the spotlight
Los Angeles mayor Eric Garcetti said Monday he was committed to bringing the Olympics back to Los Angeles, while reaffirming support for a plan to award the 2024 and 2028 Games together.
A division bench of the Lahore High Court on Monday dismissed Intra Court Appeal (ICA) of suspended test cricketer Khalid Latif challenging a single bench decision and the proceedings of Pakistan Cricket Board (PCB) anti-corruption tribunal on spot-fixing
Sikandar Raza starred with the bat and ball to help Zimbabwe edge out Sri Lanka by three wickets and clinch a historic series victory in the fifth one-day international on Monday. Taking the series 3-2 in Hambantota, the 11th-ranked Zimbabwe registered th
Chris Froome is as strong as ever, according to his principal Tour de France rival Fabio Aru. Questions have been asked of Froome's form this year as for the first time since he started dominating the world's greatest bike race, he came into the Tour with
Defending champion Andy Murray reached a 10th successive Wimbledon quarter-final on Monday with a 7-6 (7/1), 6-4, 6-4 win over Benoit Paire of France. The world number one will face Sam Querrey, who he leads 7-1 in career meetings, for a place in the semi
Angelique Kerber crashed out of Wimbledon and lost her hold on the world number one ranking, while five-time champion Venus Williams became the oldest All England Club quarter-finalist in 23 years on Monday.
Donald Trump's eldest son on Monday admitted meeting a Russian lawyer to get dirt on his father's 2016 rival Hillary Clinton, thrusting the White House deep into another Russia-related scandal. Trump junior confirmed reports that he was on the trail of da
Syrian government forces launched an attack on rebels in a southern province on Monday despite a ceasefire, but state media said the assault was against the Islamic State group. The Syrian Observatory for Human Rights, a Britain-based monitor, said the as
Austria said Monday it had barred Turkish Economy Minister Nihat Zeybekci from entering the country to attend a rally marking the anniversary of last year's failed coup attempt in Turkey. "He has been barred because his visit was not planned as part of a
An Indian woman who claims to be the secret granddaughter of the murdered former prime minister Indira Gandhi has gone to court to block a new Bollywood movie that she says shows the dynasty in a bad light. Priya Singh Paul, 48, told a press conference on
The United States is starting to rebuild trust that was lost in its relationship with key Nato ally Turkey after a series of disputes, Secretary of State Rex Tillerson said Monday after meetings with Turkish leaders. Tillerson had held several hours of ta
Masked men armed with tear gas robbed around 20 tourists who were waiting for shuttle buses outside a Paris airport hotel at the weekend, sources close to the investigation said Monday.
A group of Swedish lawmakers said Monday they have filed a legal complaint accusing Turkish President Recep Tayyip Erdogan of genocide, crimes against humanity and war crimes in the southeast of his country.
Afghanistan's President Ashraf Ghani has signed into law a cybercrime bill targeting online crime and militancy by groups such as the Taliban and Islamic State, officials said Monday, amid concerns it could limit free speech. The Cyber Crime Law criminali
China said Monday the United States apologised after Beijing officially protested a White House statement that mistakenly described Xi Jinping as the president of the "Republic of China". Xi is president of the People's Republic of China, while the Republ
A cholera outbreak in Yemen has now surpassed 300,000 suspected cases, the Red Cross said Monday as the war-torn country reels from disease as well as the threat of famine. The International Committee of the Red Cross said the cholera epidemic "continues
Floods and landslides have killed scores of people in China's central Hunan province as two weeks of torrential rains forced 1.6 million to flee, authorities said Monday.
A monsoon-like rainstorm dumped a record amount of rain on Paris, flooding streets, snarling traffic and briefly forcing the closure of metro stations, officials said Monday. The national weather service Meteo France said 6.8 centimetres (2.6 inches) of r
Nato chief Jens Stoltenberg pledged support for Ukraine during a visit to Kiev on Monday, as the ex-Soviet republic battles a bloody insurgency by pro-Russian separatists in the east. More than 10,000 people have been killed since a Russian-backed rebel