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Print - 2018-09-01
''Shape up or we''ll quit'', Trump tells WTO

''Shape up or we''ll quit'', Trump tells WTO

President Donald Trump has threatened to pull the United States out of the World Trade Organization if it does not "shape up." His remarks, made in an interview with Bloomberg News on Thursday, were the latest in a series of attacks on institutions of the
Published 01 Sep, 2018 12:00am
'Shape up or we'll quit', Trump tells WTO

'Shape up or we'll quit', Trump tells WTO

President Donald Trump has threatened to pull the United States out of the World Trade Organization if it does not "shape up." His remarks, made in an interview with Bloomberg News on Thursday, were the latest in a series of attacks on institutions of the
Published 01 Sep, 2018 12:00am
'Shape up or we'll quit', Trump tells WTO

'Shape up or we'll quit', Trump tells WTO

President Donald Trump has threatened to pull the United States out of the World Trade Organization if it does not "shape up." His remarks, made in an interview with Bloomberg News on Thursday, were the latest in a series of attacks on institutions of the
Published 01 Sep, 2018 12:00am
Pakistan says it stands with Iran

Pakistan says it stands with Iran

Foreign Minister Shah Mahmood Qureshi has assured visiting Iranian Foreign Minister Javad Zarif that his country's fully supports Iran's stance regarding its nuclear deal with major world powers.
Published 01 Sep, 2018 12:00am
Pakistan says it stands with Iran

Pakistan says it stands with Iran

Foreign Minister Shah Mahmood Qureshi has assured visiting Iranian Foreign Minister Javad Zarif that his country's fully supports Iran's stance regarding its nuclear deal with major world powers.
Published 01 Sep, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (August 31, 2018).

Published 01 Sep, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (August 31, 2018).

Published 01 Sep, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (August 31, 2018).

Published 01 Sep, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (August 31, 2018).

Published 01 Sep, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (August 31, 2018).
Published 01 Sep, 2018 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (August 31, 2018).

Published 01 Sep, 2018 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (August 31, 2018).

Published 01 Sep, 2018 12:00am
Barclays bid rates and maximum rates for payment of interest

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 01 Sep, 2018 12:00am
State Bank of Pakistan conversion rates
Currency

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 01 Sep, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 01 Sep, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 01 Sep, 2018 12:00am
BRIDGE NOTES: What is your score?

BRIDGE NOTES: What is your score?

Today in a pairs game, the reader is put to test in these 3 boards sitting south board 1, south holds:

Published 01 Sep, 2018 12:00am
Bulgaria's famed all-female folk choir back with a modern twist

Bulgaria's famed all-female folk choir back with a modern twist

Thirty years ago an all-female folk choir set up in Bulgaria became the darling of Western audiences with its tradition-steeped a cappella singing, before the fall of communism threatened its survival. With fans like George Harrison, David Bowie and Kate
Published 01 Sep, 2018 12:00am
Jennifer Garner honored with Hollywood star

Jennifer Garner honored with Hollywood star

Jennifer Garner received a star on the Hollywood Walk of Fame last Monday to honor a glittering career that has included roles in acclaimed movies from "Juno" to "Dallas Buyers Club." The Texas-born actress has appeared in more than 30 films over two deca
Published 01 Sep, 2018 12:00am
After 'Crazy Rich Asians,' 'Searching' breaks more new ground

After 'Crazy Rich Asians,' 'Searching' breaks more new ground

The Asians in new movie "Searching" are neither rich nor crazy, but the contemporary thriller is in some ways as ground-breaking as the big romantic comedy currently making waves in Hollywood. "Searching," after the debut of "Crazy Rich Asians," is the ta
Published 01 Sep, 2018 12:00am
Oscar-winning director Danny Boyle quits new Bond movie

Oscar-winning director Danny Boyle quits new Bond movie

Daniel Craig's last outing as 007 was plunged into turmoil Tuesday as the team behind the 25th James Bond movie announced that Oscar-winning British director Danny Boyle was quitting the project. Boyle, a longtime fan who included Craig's Bond in the open
Published 01 Sep, 2018 12:00am
Birds that blush: scientists document an animal mystery

Birds that blush: scientists document an animal mystery

Have you ever heard of macaws that blush, much like humans do at an emotional moment? Researchers still don't quite understand how it works, but a French team says they have observed the phenomenon multiple times in a group of five captive blue-and-yellow
Published 01 Sep, 2018 12:00am
Plastic surgery videos on YouTube aren't always accurate

Plastic surgery videos on YouTube aren't always accurate

YouTube videos about facial plastic surgery procedures garner hundreds of millions of views - but they often present inaccurate medical information, a new study found. Viewers often get biased information, unbalanced evaluations of a procedure's risks and
Published 01 Sep, 2018 12:00am
'Earth laughs in flowers'

'Earth laughs in flowers'

"Earth laughs in flowers", said Reiph Waldo Emerson. Sigmund Freud said, "Flowers are restful to look at. They have neither emotions nor conflicts".
Published 01 Sep, 2018 12:00am
Quiet conversations

Quiet conversations

A group of artists tried to find their true self through figurative paintings in a show under the title "Figuratively Speaking" at Full Circle Gallery, Karachi. The figures of both men and women seemed to be emerging from the darkness into a new world of
Published 01 Sep, 2018 12:00am
ART FACTS: Ideas of reality

ART FACTS: Ideas of reality

Munawar Ali Syed's expressive installations depicted sensitive and clear perspective of life comprising some hidden and revealed social issues in a solo exhibition titled "Ankahi" at Canvas Gallery, Karachi. Inspired by the rural life and traditional life
Published 01 Sep, 2018 12:00am
Robot teachers invade Chinese kindergartens

Robot teachers invade Chinese kindergartens

The Chinese kindergarten children giggled as they worked to solve puzzles assigned by their new teaching assistant: a roundish, short educator with a screen for a face. Just under 60 centimetres (two feet) high, the autonomous robot named Keeko has been a
Published 01 Sep, 2018 12:00am
Lights out for halogen bulbs in Europe as LEDs take over

Lights out for halogen bulbs in Europe as LEDs take over

First the traditional light bulb, and now the halogen lamp: the European Union's crackdown on energy-inefficient products is claiming another victim. Halogen lamps should have been banned two years ago, but they were granted a reprieve to develop suitable
Published 01 Sep, 2018 12:00am
You are what you eat

You are what you eat

The meat eat Eid has just gone by. Eid-ul-Adha has memories of meat, blood and filth as after effects of the proverbial sacrificial lamb's due butchery . Yet this is the Eid for "Qurbani". Words become what you do with them. Qurbani is associated with goa
Published 01 Sep, 2018 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,436. The traded value of Metals, Energy and COTS/FX was recorded at PKR 6.444 billion and the number of lots traded was 8,613.
Published 01 Sep, 2018 12:00am
CBOT wheat futures surge

CBOT wheat futures surge

Chicago Board of Trade wheat futures surged 3.5 percent Wednesday on technical buying and rumours that Russia might move to limit its wheat exports, traders said. CBOT December soft red winter wheat settled up 18-1/2 cents at $5.41-3/4 per bushel, a day a
Published 01 Sep, 2018 12:00am
Correction
Cotton

Correction

In the Cotton Analysis published on Friday, August 31, 2018, please note that the correct projection of the forthcoming cotton crop (2018/2019) should be 11.5 to 12 million bales (155 kgs). The error is regretted.
Published 01 Sep, 2018 12:00am
Correction
Cotton

Correction

In the Cotton Analysis published on Friday, August 31, 2018, please note that the correct projection of the forthcoming cotton crop (2018/2019) should be 11.5 to 12 million bales (155 kgs). The error is regretted.
Published 01 Sep, 2018 12:00am
EU wheat rallies on talk of Russian export cap

EU wheat rallies on talk of Russian export cap

European wheat prices rallied on Wednesday after US markets surged on talk that Russia was considering putting a cap on wheat exports, although this was not officially confirmed. Benchmark December milling wheat on Paris-based Euronext, settled 5.00 euros
Published 01 Sep, 2018 12:00am
Palm oil rangebound on European vegoils market
Vegetable Oil

Palm oil rangebound on European vegoils market

Palm oil on the European vegetable oils market was offered in a tight range on Wednesday, mostly tracking easier Malaysian palm oil futures. Asking prices for palm oil were between $2.50 a tonne up and $2.50 down from Tuesday after Malaysian palm oil futu
Published 01 Sep, 2018 12:00am
Chinese steel futures drop for sixth straight day

Chinese steel futures drop for sixth straight day

Chinese steel futures dropped for a sixth straight session on Wednesday, surrendering initial gains after Beijing's state planner warned the economy is facing increasing risks in the second half of the year. The head of China's National Development and Re
Published 01 Sep, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 165,247 tonnes of cargo comprising 130,938 tonnes of import cargo and 34,309 tonnes of export cargo including 8,046 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 130
Published 01 Sep, 2018 12:00am
Firm trend persists on cotton market
Cotton

Firm trend persists on cotton market

Firmness prevailed on the cotton market on Friday as buyers did not show any reluctant in fresh buying, dealers said. The official spot rate maintained overnight level at Rs 8000, they added.
Published 01 Sep, 2018 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian canola futures rose on Wednesday, bouncing off a one-month low reached a day earlier, on thoughts that its recent declines were excessive. November canola gained $2.70 at $491.30 per tonne.
Published 01 Sep, 2018 12:00am
Asian naphtha crack rises

Asian naphtha crack rises

Asia's naphtha crack rose 5.4 percent to reach a four-session high of $98.43 a tonne on Wednesday after falling close to a six-week low on Monday. Strong demand for term cargoes by buyers this week and last to cash in on falling spot prices caused by high
Published 01 Sep, 2018 12:00am
London's new train line delayed for nearly a year

London's new train line delayed for nearly a year

London's new Crossrail train line, the biggest infrastructure project in Europe which was set to operate through the capital's heart from December, has been postponed until late 2019, its chief executive said Friday. The Elizabeth Line, decades in the pla
Published 01 Sep, 2018 12:00am
US consumer sentiment falls to seven-month low

US consumer sentiment falls to seven-month low

US consumer sentiment fell to a seven-month low in August as households worried about rising prices amid a robust economy and tensions between the United States and its main trade partners.
Published 01 Sep, 2018 12:00am
China manufacturing activity strengthens in August

China manufacturing activity strengthens in August

China's factory activity ticked marginally upward in August, official data showed Friday, beating forecasts as analysts expected the trade war with the US to weigh more heavily on manufacturing.
Published 01 Sep, 2018 12:00am
India's economic growth surges to 8.2 percent
Currency

India's economic growth surges to 8.2 percent

India's economy grew at a stunning 8.2 percent in the first quarter of the 2018-19 financial year, official data showed Friday, as it charts a course to overtake Britain as the world's fifth-largest economy. Central Statistics Office figures showed GDP gr
Published 01 Sep, 2018 12:00am
1.1 million Zimbabweans will need food aid, warns WFP

1.1 million Zimbabweans will need food aid, warns WFP

The World Food Programme warned on Friday that 1.1 million Zimbabweans could need food aid before the next harvest in 2019, with rural smallholders most at risk of food shortages. Growing food prices and the country's dire economic state could also affect
Published 01 Sep, 2018 12:00am
Chinese bridge pushes Maldives deeper in debt

Chinese bridge pushes Maldives deeper in debt

The Maldives opposition said Friday that President Abdulla Yameen had pushed the Indian Ocean nation deeper into a Chinese "debt trap" with a new $200 million bridge opened just ahead of the country's election. Yameen commissioned the bridge with a Chines
Published 01 Sep, 2018 12:00am
Boeing to develop refueling drones for Pentagon

Boeing to develop refueling drones for Pentagon

The Pentagon announced Thursday it had awarded US aerospace giant Boeing an $805 million contract to develop the first unmanned refueling drones for the United States Navy. Boeing is charged with everything from designing and producing to delivering and s
Published 01 Sep, 2018 12:00am
Coca-Cola buys coffee chain Costa for $5.1 billion

Coca-Cola buys coffee chain Costa for $5.1 billion

Coca-Cola on Friday said it had agreed to buy international coffee chain Costa from its UK owner Whitbread, in a deal that gives the beverages behemoth its first global coffee brand. "Hot beverages is one of the few remaining segments of the total beverag
Published 01 Sep, 2018 12:00am
Eurozone inflation slips in August
Currency

Eurozone inflation slips in August

Inflation in the eurozone slowed to two percent in August, data showed on Friday, as high oil prices fell back slightly. Eurostat said consumer prices in the 19-country single currency bloc edged lower from 2.1 percent in July, leaving inflation on level
Published 01 Sep, 2018 12:00am
EU ready to retaliate if US imposes car tariffs: Juncker

EU ready to retaliate if US imposes car tariffs: Juncker

European Commission chief Jean-Claude Juncker warned Friday the EU would hit back with tariffs of its own if Donald Trump made good on threats to slap duties on foreign cars, as an EU-US trade truce wobbled. "We agreed with Trump on a kind of ceasefire wh
Published 01 Sep, 2018 12:00am
Indian stocks steady

Indian stocks steady

Indian shares ended little changed on Friday, as global sentiment remained muted after US President Donald Trump made fresh trade threats against China, while gains in tech and healthcare were offset by losses in energy and financial stocks.
Published 01 Sep, 2018 12:00am
Tokyo stocks flat

Tokyo stocks flat

Tokyo stocks closed flat on Friday, retrieving some earlier losses as traders cheered strong China data. The benchmark Nikkei 225 index closed down just 0.02 percent, or 4.35 points, at 22,865.15. The index gained 1.17 percent over the week. The broader T
Published 01 Sep, 2018 12:00am
Wall Street rally ends as risk-selling grows

Wall Street rally ends as risk-selling grows

US stocks ended their four-day winning streak on Thursday as risk reduction ahead of the long holiday weekend accelerated on growing trade anxieties. The broad-based sell-off steepened in mid-afternoon following a Bloomberg report that US President Donald
Published 01 Sep, 2018 12:00am
Australian, New Zealand shares down

Australian, New Zealand shares down

Australian shares fell on Friday, as investors feared an escalation in US-China trade frictions and sold telecom shares that advanced a day earlier on a merger deal announced by TPG and Vodafone's Australian unit.
Published 01 Sep, 2018 12:00am
Treasury yields hit session lows

Treasury yields hit session lows

US Treasury yields hit session lows on Thursday afternoon in a flight-to-quality sparked by a report that President Donald Trump planned to impose tariffs on $200 billion worth of Chinese goods next week, and after Argentina's central bank raised interest
Published 01 Sep, 2018 12:00am
Treasury yields hit session lows

Treasury yields hit session lows

US Treasury yields hit session lows on Thursday afternoon in a flight-to-quality sparked by a report that President Donald Trump planned to impose tariffs on $200 billion worth of Chinese goods next week, and after Argentina's central bank raised interest
Published 01 Sep, 2018 12:00am
Italian bond market on edge ahead of ratings verdict

Italian bond market on edge ahead of ratings verdict

Italy's short-dated bond yields hit their highest levels in almost three months on Friday, as remarks from an official that an EU budget ceiling could be exceeded if needed fuelled bearish sentiment towards debt markets ahead of a key ratings review.
Published 01 Sep, 2018 12:00am
Italian bond market on edge ahead of ratings verdict

Italian bond market on edge ahead of ratings verdict

Italy's short-dated bond yields hit their highest levels in almost three months on Friday, as remarks from an official that an EU budget ceiling could be exceeded if needed fuelled bearish sentiment towards debt markets ahead of a key ratings review.
Published 01 Sep, 2018 12:00am
China stocks lower

China stocks lower

China stocks ended lower on Friday on renewed trade war fears and despite fresh foreign money inflows ahead of the second leg of China's MSCI inclusion on Monday. At the end of a volatile trading session, the CSI300 index fell 0.5 percent to 3,334.50 poin
Published 01 Sep, 2018 12:00am
European shares fall on renewed fear of trade conflict

European shares fall on renewed fear of trade conflict

European shares fell for a second day on Friday on reports that US President Donald Trump is planning more tariffs on China, with Europe's STOXX posting its worst monthly performance since February. The pan-European STOXX 600 ended the session down 0.8 pe
Published 01 Sep, 2018 12:00am