Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (September 26, 2017).
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
On Monday at Pakistan Mercantile Exchange Limited, the total traded value of Metals, Energy and COTS/FX was recorded at PKR 6.070 billion and the number of lots traded was 13,381. PMEX Commodity Index closed at 3,010. Major business was contributed by gol
Spot basis bids for hard red winter (HRW) wheat held steady in the southern US Plains on Monday as farmer selling remained thin. Rains in the southern Plains "should lead to further improvements in soil moisture across the hard red wheat belt, but some fl
Wheat futures on the Chicago Board of Trade closed higher Monday on fund short-covering ahead of a key US government crop report on Friday and spillover strength from Minneapolis spring wheat futures, traders said. CBOT December wheat settled up 4-1/2 cen
US natural gas futures traded within a few cents of unchanged on Monday on forecasts for steady above-normal cooling demand over the next two weeks. Front-month gas futures were down 1.9 cents, or 0.6 percent, at $2.940 per million British thermal units a
Russian wheat export prices rose last week, supported by higher global benchmarks and strong demand from buyers, analysts said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein content and September delivery were at $189 a tonne on a
The Karachi Port handled 141,438 tonnes of cargo comprising 94,649 tonnes of import cargo and 46,789 tonnes of export cargo including NA loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 94,649
Prices moved cautiously on the cotton market on Tuesday in the process of moderate trading, dealers said on Tuesday. The official spot rate was inert at Rs 6100, they said. In the ready session, over 20,000 bales of cotton changed hands between Rs 5900-63
Basis bids for soyabeans shipped by barge to the US Gulf Coast fell on Monday despite rising barge freight costs, due to pressured from rising supplies amid the accelerating US harvest, traders said. Spot barge freight rates on Midwest rivers were steady
Qatar Airways announced Tuesday it has placed an order worth more than $2 billion for six Boeing planes, which it said reflected the airline's continued expansion in the United States. A statement on the Gulf carrier's website said it had placed an order
The US Securities and Exchange Commission has announced it is setting up a special unit dedicated to identifying cyber-related misconduct. The announcement came days after the top US financial regulator disclosed that it had been the victim of a hacking a
China has fined several of the country's biggest technology firms for failing to remove illegal online content as the authorities intensify their policing of the internet. Three web giants operating popular social media services have received "maximum pen
Tens of thousands of passengers were stranded Tuesday as Russian airline VIM-AVIA said it could no longer operate without state help but the government said it was not planning to prop up the carrier. VIM-AVIA, Russia's 10th largest carrier, said it was p
Developing Asia is on track to grow faster this year and next, the Asian Development Bank said on Tuesday, buoyed by a pick-up in world trade and China's expansion, but it flagged risks from tightening US monetary policy. Developing Asia is expected to gr
Developing Asia is on track to grow faster this year and next, the Asian Development Bank said on Tuesday, buoyed by a pick-up in world trade and China's expansion, but it flagged risks from tightening US monetary policy. Developing Asia is expected to gr
US consumer confidence fell in September and home sales dropped to an eight-month low in August due to the impact of Hurricanes Harvey and Irma, supporting the view that the storms would hurt economic growth in the third quarter. Still, relatively high le
The number of people in France registered as out of work rose in August to its highest level in a year, Labour Ministry data showed on Tuesday, casting a cloud over an otherwise improving economic outlook. The jobless total in mainland France rose by 22,3
British jeweller Graff said Tuesday it has purchased the world's largest uncut diamond - roughly the size of a tennis ball - for $53 million (44.5 million euros). Canadian miner Lucara Diamond sold to Graff the 1,109-carat gem, the Lesedi La Rona, which w
French President Emmanuel Macron pleaded Tuesday for a new era of European integration, calling on his EU partners - particularly Germany - to raise their ambitions and go further in linking their economies, governments and armies. The 39-year-old leader
Australian shares finished lower on Tuesday, snapping two straight sessions of gains, hurt by weakness on Wall Street and falling material stocks amid lower commodity prices. The S&P/ASX 200 index fell 0.22 percent, or 12.73 points to 5,671 at the close o
Japan's Nikkei average edged lower on Tuesday as tech shares and Apple suppliers declined, tracking their US counterparts overnight, while concerns over North Korea sapped risk appetite. The Nikkei ended 0.3 percent lower at 20,330.19, moving away from a
US stocks were little changed in early afternoon trading on Tuesday after Fed Chair Janet Yellen backed the central bank's plan to raise interest rates gradually, boosting the prospects of a December rate hike. Yellen said it would be imprudent to leave r
Wall Street dipped on Monday, as a selloff in technology shares weighed heavily on the Nasdaq, while the most recent statement from North Korea's to Washington added to a cautious tone. North Korea's foreign minister said President Donald Trump had declar
Hong Kong shares steadies on Tuesday following the previous session's sharp falls, as investors looked past rising tensions on the Korean peninsula and instead focused on signs of improvement in China's economy. The Hang Seng index rose 0.1 percent, to 27
US Treasury yields fell on Monday as concerns about tensions between North Korea and the United States and a surge in support for the far right in Sunday's German election stoked safe-haven demand for US government bonds. The benchmark 10-year yield poste
US Treasury yields fell on Monday as concerns about tensions between North Korea and the United States and a surge in support for the far right in Sunday's German election stoked safe-haven demand for US government bonds. The benchmark 10-year yield poste
Rising oil prices helped Middle East indexes eke out modest gains on Tuesday, though shares more exposed to foreign funds followed global markets lower, weighed down by a list of worries including North Korea. Brent oil surged 3.8 percent overnight to set
China stocks steadied in thin activity on Tuesday, after three days of losses, as investors sought beaten-down property developers and resource firms. The market was largely stable, with investors expecting limited price action in stocks as Beijing will n
European shares steadied on Tuesday, helped by gains in some big oil stocks and Nestle after the food giant positively surprised investors by setting margin targets for the first time. Investors remained cautious however as tensions over North Korea persi
Indian shares ended lower for their sixth straight session on Tuesday, as continued tensions on the Korean Peninsula kept investors cautious. The benchmark BSE index fell 0.08 percent to 31,599.76, while the broader NSE index fell 0.01 percent to 9,871.50
Southeast Asian stock markets, except Thailand, fell on Tuesday with safe-haven assets such as gold and the yen finding favour with investors amid rising tensions on the Korean peninsula. North Korea's foreign minister said a tweet by US President Donald
The UK's top share index fell for a second day on Tuesday, although a rise in oil prices lifted energy stocks and a broker upgrade gave support to British American Tobacco. Britain's blue chip FTSE 100 index fell 0.2 percent to 7,285.74 points, weighed do
The yen stood tall on Tuesday after tensions on the Korean peninsula flared-up anew amid an escalating war of words between North Korea and the United States, while the euro struggled near a four-week low versus the dollar. The dollar was 0.15 percent low
The euro slipped below $1.18 for the first time in over a month on Tuesday after its worst day this year, as investors worried that months of coalition talks in Germany could hit the economy and make closer euro zone integration difficult.
The euro fell to its lowest level in a month on Tuesday as worry about political fallout in Germany and other euro zone countries grew. A speech by French President Emmanuel Macron, who has called for a fundamental overhaul of the European Union's single
The US dollar rose against a basket of six currencies on Monday, with the euro hit by election results in Germany and investor jitters about a warning against hasty policy shifts by the European Central Bank president. The euro fell after a weekend victor
The Sri Lankan rupee ended steady on Tuesday as dollar demand from importers offset the selling of the US currency by a state bank, dealers said. The spot rupee which traded at 153.00/10 per dollar during the day ended at 152.95/153.05, same as Monday's c
Asian currencies languished on Tuesday as tensions flared up amid an escalating war of words between North Korea and the United States, driving investors to safe haven assets. North Korea's foreign minister Ri Yong Ho said on Monday that President Donald
China's yuan rebounded against the dollar on Tuesday, clawing back losses from the previous session as market participants grew wary of regulators' tolerance for recent selling after the currency breached a key level. The Chinese currency has retreated mo
Sterling fell for a third consecutive day on Tuesday as investors took profits on a recent bounce and worried about the weakening performance of the British economy. The British pound climbed nearly 7 percent to a 15-month high above $1.3650 earlier this
The New Zealand dollar fell again on Tuesday as political uncertainty weighed on investor sentiment, while its Australian counterpart struggled below a key chart level as markets were rattled by fears of war on the Korean peninsula. The New Zealand dollar
Players could be sent off for the first time in cricket, starting with Test matches in South Africa and the United Arab Emirates this week, as new regulations come into force. Changes governing umpire referrals and bat sizes will also come into force Thur
Pakistan's hope for medals in the wrestling shattered with none of the six wrestlers could make it to the medal fight and eliminated well in the pre-quarter-finals of the wrestling event in the 5th Asian Indoor and Martial Arts Games being played at City
Pakistan, today, is celebrating what can easily be called the revival of the golden days of cricket. With the World XI series being hosted in the country, the embargo on international cricket has been lifted. This almost seems like a dream for Pakistan wh
England all-rounder Ben Stokes has been arrested on suspicion of causing actual bodily harm in Bristol and dropped for Wednesday's fourth one-day international against West Indies. The 26-year-old Durham star was arrested early on Monday in the Clifton di
Pakistan will step into a new Test era without retired batting greats Younis Khan and Misbah-ul-Haq when they take on Sri Lanka in the first Test in Abu Dhabi from Thursday. Playing without Younis and Misbah is unaccustomed territory for Pakistan, who hav
The Pakistan Cricket Board (PCB) has decided to appoint Mark Coles from New Zealand as head coach of Pakistan's women cricket team on trial basis, working as a volunteer with the national team and assigned only for the upcoming New Zealand series. Mark Co
Simona Halep was defeated 6-2, 6-1 by Russia's Daria Kasatkina on Tuesday at a tumultuous Wuhan Open that has seen two thirds of the top seeds tumble out in the first two rounds. The world number two headed for the exit along with Dane Caroline Wozniacki,
Chancellor Angela Merkel got down to work Tuesday in the fractured political landscape left by Germany's "earthquake" election, seeking a ruling majority to help neutralise a newly empowered hard right. Merkel huddled with her conservative deputies in the
Lawmakers brawled in Uganda's parliament on Tuesday over long-serving ruler Yoweri Museveni's attempt to stay in power by removing presidential age-limits. MPs shouted, shoved, threw punches and lobbed documents in a fight between ruling party politicians
The BBC launched a new Korean language radio and online service on Tuesday that will be available to listeners in North Korea if the signal is not blocked. The service, part of the BBC's biggest global expansion since the 1940s, will have a dedicated team
The United Nations on Tuesday drastically increased the estimated number of Rohingya Muslims who have fled violence in Myanmar to 480,000 as Bangladesh eased restrictions on aid groups working in refugee camps and sought $250 million to cope with the cris
China has staged military exercises in Djibouti after opening its first overseas military base there last month, official media said. State television CCTV showed armoured vehicles moving on a desert track, groups of soldiers firing automatic weapons and
Iraqi soldiers on Tuesday took part in a Turkish military drill close to the Iraqi border on Tuesday, an AFP photographer said, a day after Iraq's Kurdish region held a vote on independence. Despite warm relations with the Kurdistan Regional Government (K
Jose Eduardo dos Santos's 38-year reign over Angola finally came to an end Tuesday when his hand-picked successor Joao Lourenco was inaugurated as president at a ceremony in Luanda. Lourenco read an oath in which he vowed "on my honour to devote myself" t
EU President Donald Tusk on Tuesday slapped down Prime Minister Theresa May's bid to unlock negotiations on future ties between Britain and the EU, saying there was "no sufficient progress" so far. "We will discuss our future relations with the UK once th
A former Serb paramilitary commander with Australian citizenship was jailed for 15 years by a Croatian court on Tuesday for the torture and murder of civilians and prisoners of war in the 1990s. Dragan Vasiljkovic, known as "Captain Dragan", was extradite
President Donald Trump warned North Korea on Tuesday that any US military option would be "devastating" for Pyongyang, but said the use of force was not Washington's first option to deal with the North's ballistic and nuclear weapons program. "We are tota
Copper closed lower on Tuesday, extending four straight days of losses as oil prices retreated from the previous session's more than two-year high and the dollar strengthened. "Base metals prices this morning were supported by the sharp rise in oil prices
Brent oil prices fell 1 percent on Tuesday after investors took profit following a rally to 26-month highs spurred largely by threats from Turkey to cut crude exports from Iraq's Kurdistan region. Brent fell 61 cents to $58.35 a barrel by 12:05 pm (1405 G