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
ACCA (the Association of Chartered Certified Accountants) is the world's most forward-thinking global body of professional accountants, supporting its 200,000 members and 486,000 students in 178 countries, helping them to develop successful careers in acc
Comedy-thriller "Thoroughbreds" may star two relative newcomers and an unknown director but it arrives in US movie theaters to the kind of reviews enjoyed by veterans. The independent movie stars British-raised actresses Anya Taylor-Joy and Olivia Cooke a
Intelligent signaling in Bridge outweighs the conventional one. But there are no hard and fast lines fixed for success even when one takes the unconventional approach in signaling. Let us illustrate by a few interesting hands. In the first the following b
Fresh from his confirmation as the crown prince of feel-good fantasy, Guillermo del Toro is cranking the volume up to 11 as producer of the sequel to smash-'em-up blockbuster "Pacific Rim." "Pacific Rim: Uprising" - an altogether brasher, more rambunctiou
The stories told in a new documentary about Bill Murray are the stuff of an off-beat legend, taking the star to a Scottish house party where he washed the dishes, to singing with an accordion player in Slovenia and surprising a guy in a bar bathroom. The
Once proclaimed "the most beautiful woman in the world," Hedy Lamarr is remembered as the silver screen siren who scandalized show business in a 1930s nude scene. The raven-haired actress, who died at the turn of the millennium at age 86, wrote in her mem
When exploring marine environments, underwater robots tend to be a bull trout in a china shop, disturbing marine life with their bulk and disruptive propulsion. Enter SoFi, the soft, agile robotic fish with a delicate demeanor. Scientists said last Wednes
Feeling lonely contributes less to the risk of cardiovascular disease than recent research suggests, scientists said Tuesday, but social isolation really does up the odds of dying after a heart attack or stroke. The alleged link between loneliness and hea
At a secret location in the midst of one of Iceland's breathtaking lava fields stands a warehouse whose non-descript siding belies the fact it is ground zero in a digital gold rush for cryptocurrencies that is burning through more electricity than Iceland
Thousands of visitors have posed on his trompe-l'oeil facades, he made the pointed tip of the Buenos Aires Obelisk disappear and he even tricked visitors into thinking they were seeing others underwater in a giant pool. Argentina's Leandro Erlich is shaki
The original is the exciting first form, the beginning that is completely new and so not copied or derived from something else. It means originality is creativity or representing a departure from previous or traditional practices. Thus an original piece i
Visiting the 12th Art Dubai Fair was an awe-inspiring experience for me. It was the fair's largest edition to date presenting 105 galleries from a record 48 countries. The four day edition of the fair celebrated the diversity of art ran from March 21 to 2
Chicken or beef? Think carefully: your choice can help determine the future of the planet. After raising the alarm last Friday about the fight for survival of many animal and plant species, which they lay at the door of mankind, scientists stressed we can
Cricket unites; but wait a minute, it does more than that; it is a leveller; unlike many other games that are class and colour specific in their representation and popularity cricket just breaks the ceilings on haves and have nots, those who know and thos
A global lack of investment in coal helped to create a record full-year profit for mining royalty company Anglo Pacific and is likely to continue to boost its earnings as many funds shun the sector, its CEO said on Wednesday. Anglo Pacific said on Wednesd
French company Total has won three blocks in Mexico's last auction of oil and gas areas before the country holds presidential elections in July. The three blocks are located in the Gulf of Mexico - two of them were awarded in partnership with state oil co
China's new banking and insurance regulator said on Thursday it will deepen the reform and opening up of the banking and insurance systems and will crack down on financial risk. In a statement, the regulator also said it would help clean up local governme
Japan's government began laying the groundwork on Thursday for big spending next year to offset the impact of a planned nationwide sales tax hike. The government should manage fiscal policy to prevent growth from collapsing and should keep the impact of p
Germany's military fears that the Airbus A400M aircraft will not fulfil its needs in time as the troubled programme faces further problems, a report seen by Reuters reveals. The confidential German military report said there was a "significant risk" that
Thailand should adopt an expansionary policy mix based on fiscal stimulus and monetary easing to achieve stronger and more balanced growth, the International Monetary Fund (IMF) said on Thursday. The country's economic performance continues to be favourab
Tunisia must improve its business climate and cut red tape to attract more investment and create jobs, the Organization for Economic Cooperation and Development (OECD) said on Thursday. In its first report on the North African country's economy, the Paris
The Dutch government plans to rapidly cut production at Europe's biggest gas field after a raft of damaging earthquakes, aiming to eventually the shut the taps by 2030, top officials announced on Thursday. "Gas production will be scaled down to 12 billion
Usually chocolate brownies come with a health warning but the head of a leading US support group for businesses seeking to tackle social problems is hoping they can do some good by spreading the word about social enterprise.
The sparkling new Boeing 787s bound for China Southern Airlines and Air China are waiting to be delivered, but the prospect of a trade war could make for a less rosy future. At this Boeing manufacturing plant in Charleston, South Carolina - which Presiden
Systems Sunlight, the world's third biggest maker of batteries for fork lift trucks, is building a new assembly line in Italy to get closer to its customers as part of a plan to challenge its main US rivals in the fast-growing European market.
Unity Bank is in talks to sell a minority stake to two foreign investors to help the Nigerian lender recapitalise, the chief executive said on Tuesday. Tomi Somefun told Reuters the two investors had completed due diligence in the mid-tier lender and a de
Djibouti is in talks with French shipping company CMA CGM to develop a new container terminal at an initial cost of $660 million as part of the tiny African country's bid to expand into a sea and air transport hub for the continent.
Surging demand for flexible personal pensions and a government drive to get all businesses to offer a workplace pension helped leading mutual company Royal London to post a 17 percent rise in full-year operating profit. The member-owned group, the UK's la
South African Airways (SAA) mapped out its turnaround strategy to make the struggling airline more competitive and cost-efficient after reporting a hefty annual loss on Thursday. SAA, which has not generated profit since 2011, is regularly cited by rating
Exceptional economic growth and a sustained rebound in inflation provides room for the European Central Bank to dial back stimulus, Dutch policymaker Klaas Knot said, warning the Bank was at risk of normalising policy too slowly. Considered a hawk on the
Jordan's main state grains buyer has again issued an international tender to purchase 100,000 tonnes of hard milling wheat which can be sourced from optional origins, European traders said on Wednesday. The tender closes on April 3. This is the ninth tend
Brazilian soyabean farmers are looking at another strong year after a drought in Argentina and international trade tensions involving the United States and China boosted prospects for the country's oilseeds industry. Brazil is expected to export a record
UkrAgroConsult on Tuesday cut its forecast for Ukraine's 2018/19 barley harvest and exports citing a smaller sowing area caused by late spring. At the same time, the consultancy raised its outlook for Ukraine's maize harvest and exports. Ukraine is likely
China's net gold imports via main conduit Hong Kong plunged 35.5 percent in February from the previous month, data showed on Tuesday. The imports via Hong Kong by the world's top consumer of the metal fell to 33.245 tonnes in February from 51.569 tonnes i
Chicago Board of Trade corn futures ended mostly steady on Tuesday as traders squared positions ahead of key planting intentions and quarterly stocks reports due this week from the US Department of Agriculture. CBOT May corn settled unchanged at $3.74 per
South Korea's Major Feedmill Group (MFG) purchased about 140,000 tonnes of optional-origin corn in an international tender which closed on Wednesday, European traders said. Exact prices were unavailable but traders said the MFG said offers had to be below
Gasoline refining margins edged down slightly on Tuesday, holding near their lowest levels since March 2016, weighed down by rising crude prices and the seasonal sell-off of winter grade gasoline ahead of the switch to summer. PBF Energy Inc may finish th
Chinese steel futures rose on Tuesday from near nine-month lows as concerns about a potential trade war between China and the United States eased. Shanghai rebar steel futures rose 2.1 percent to 3,433 yuan ($548.98) a tonne, marking its best performance
Chicago Board of Trade wheat futures dropped on Wednesday on technical selling and news of rainfall helping the developing crops in the US Plains winter wheat belt, traders said. CBOT May wheat settled down 3-1/2 cents at $4.45-1/2 per bushel. K.C. May ha
The Karachi Port handled 214,462 tonnes of cargo comprising 176,168 tonnes of import cargo and 38,284 tonnes of export cargo including 5,072 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 176
Prices recovered overnight losses on the cotton market on Friday as some spinners indulged in new buying to replenish their stocks, dealers said. Official spot rate recovered Rs 100 to Rs 7500, they added. In both Sindh and Punjab prices were at Rs 2800-3
ICE Canadian May canola futures climbed on Tuesday for a third consecutive session in technical moves but pared gains on hedge-related selling, traders said. May canola rose 20 cents to settle at $522.90 per tonne while July fell 20 cents at $527.60 and N
India relaxed rules on sugar exports on Wednesday, allowing mills to sell abroad until the end of the current season in a move that could further drag down benchmark sugar prices. India, the world's biggest sugar consumer, is struggling to manage overflow
Bank of China Ltd (BoC) , the country's fourth-largest lender by assets, reported a smaller-than-expected drop in quarterly profit, helped by rising interest income and falling operating expenses. Profit reached 26.9 billion yuan ($4.28 billion) for the q
Old Afghan men looking to soothe their aching joints or enrich their rice dishes stand around a tiny shop where they are lulled by a camel's steady steps as sesame oil flows into a plastic bucket. The traditional industry in northern Afghanistan is the do
Lebanon's government plans to swap $5 billion of new foreign currency bonds for Lebanese pound debt with the central bank, in an operation its finance minister suggested would slash the cost of servicing its huge debt pile by $1.5 billion.
Lebanon's government plans to swap $5 billion of new foreign currency bonds for Lebanese pound debt with the central bank, in an operation its finance minister suggested would slash the cost of servicing its huge debt pile by $1.5 billion.
Tesla, which until recently had been seen as cruising to a bright future, has suddenly hit a rough stretch as fresh concerns over the future of autonomous vehicles have exacerbated worries over its ability to hit production targets. Shares in the Californ
Japan's retail sales rose in February as shoppers spent more on food, drinks and clothes, suggesting rising wages and a tight labour market are supporting consumer confidence. bThe 1.6 percent annual increase in retail sales in February was slightly less
Italian make-up group Kiko is in talks to bring in a minority investor to help fund growth in India, the Middle East and Asia and lift profitability, Chief Executive Cristina Scocchia said. Scocchia built her reputation as the Italy head of French cosmeti
South Africa's new president Cyril Ramaphosa will need to call on all his dealmaking skills to overhaul ailing state-owned firms and tackle land reform if he wants to capitalise on Moody's decision not to downgrade the country's debt to junk. Moody's said
South Africa's new president Cyril Ramaphosa will need to call on all his dealmaking skills to overhaul ailing state-owned firms and tackle land reform if he wants to capitalise on Moody's decision not to downgrade the country's debt to junk. Moody's said
A Korean Air heiress known for her "nut rage" tantrum that sparked national uproar four years ago made a comeback to management on Thursday, a spokesman said. At a shareholders meeting, Korean Air subsidiary KAL Hotel Network approved Cho Hyun-ah, 44, as
Ten years on from the financial crisis, many US state and local public pension systems are still the worse for wear. Investment returns have been uneven and funding levels have yet to recover. Many pension funds have meanwhile attempted to boost returns b
The European aviation sector is likely to see further consolidation after a number of airline bankruptcies, the new chief executive of British low-cost airline EasyJet said on Wednesday. "In 2017 we saw the bankruptcy of Monarch, the problems with Alitali
South Africa's anti-corruption agency is investigating a 671 million rand ($60 million) government contract with German software firm SAP , which has admitted misconduct in separate deals involving friends of ousted president Jacob Zuma.
Dukki lifted the winner's trophy at the final of the Pakistan Petroleum Limited (PPL) Balochistan Football Cup 2018 ? the country's largest-ever sponsored football tournament played between Quetta and Dukki on March 30 at Sadiq Shaheed Football Stadium (M
Pakistan team jersey for the T20 series to be played in Pakistan in April 2018 will be co-sponsored by Pakistan Telecommunication Company Limited (PTCL). This was announced at the kit unveiling ceremony held at the Qadhafi Stadium between Pakistan Telecom
The Jubilee Insurance Cup 2018 is set to spark excitement among the cricket loving nation with the T20 cricket series just around the corner. Jubilee Insurance is the title sponsor of this upcoming event being played between Pakistan and West Indies. This
Australian fast bowler Mitchell Starc has been ruled out of the fourth Test against South Africa as well as the Indian Premier League because of a stress fracture in his lower right leg. Captain Tim Paine said at the toss on Friday that Starc had been "ba
Khyber Pakhtunkhwa stunned Punjab in a thrilling final and grabbed the trophy of the 5th National Tchoukball Championship-2018 organized under the aegis of Pakistan Tchoukball Federation played at Islamabad Gymnasium on Friday.
Defending champion Ashiq Hussain grabbed a stroke lead against first day leader Ahmed Baig on the second day with his gross score par 144 over 36 holes of the 72-holes 57th National Amateur Golf Championship being played here at lush green PAF Golf Course
Jonny Bairstow was in sight of his fifth Test century after a late run spree with Mark Wood lifted England to 290 for eight at stumps on day one of the second Test in Christchurch on Friday. England had been in trouble at 164 for seven before Bairstow (no
Russia's World Cup team was told to stay away from "exotic teas" and foreign medicine to avoid testing positive for doping during this year's final. The Russian Football Union issued the recommendations in a series of tweets that also included instruction
A career-best century by Aiden Markram added pain to an Australian side reeling from the ball tampering scandal on the first day of the fourth and final Test against Australia at the Wanderers Stadium on Friday. Markram made a flawless 152 before the bele
A growing number of internet companies are banning cryptocurrency advertising, fearing reputational damage if their users are duped or left penniless, even as regulators struggle to get to grips with the fast-emerging industry. Twitter on Tuesday began bl
The dollar stalled against its peers on Friday as the recovery seen earlier this week petered out ahead of the new quarter, which could potentially bring renewed pressure on the greenback. Against a basket of six other major currencies, the dollar was off
The dollar was little changed against a basket of currencies on Thursday, as its rebound from a five-week low, touched earlier this week, ran out of steam amid subdued trading activity ahead of the long Easter weekend in many of the world's largest tradin
China's yuan firmed against the dollar on Friday and is set to post its biggest quarterly gain in a decade, as the country attracts capital inflows and US trade frictions bolstered expectations of a firmer Chinese currency. Taking cues from a firmer mid-p
The Canadian dollar rose against its US counterpart on Thursday as firmer stock prices and optimism about a North American Free Trade Agreement (NAFTA) trade deal offset data showing the domestic economy unexpectedly contracted at the start of the year. A
Turkey's lira weakened beyond the psychologically important level of 4.0 to the US dollar on Wednesday, bringing it close to a record low, as concerns about double-digit inflation, and politics, continued to weigh on sentiment. The lira has fallen 5 perce
Cuba's central bank on Thursday quashed rumors that it would withdraw one of the Communist-run island's two currencies from circulation over the weekend, after nervous Cubans had rushed in recent days to exchange their CUCs for pesos. The date for the sta