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May 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-09-01
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
New York cocoa jumps on chart-based support, coffee eases
Currency

New York cocoa jumps on chart-based support, coffee eases

New York cocoa futures on ICE rallied on Friday, on chart-based buying that helped lift its monthly gains to the strongest since April, while arabica coffee quietly extended losses in its weakest monthly performance in nearly two years. Raw sugar, arabica
Published 01 Sep, 2018 12:00am
Tokyo rubber extends decline

Tokyo rubber extends decline

Benchmark Tokyo rubber futures closed lower on Friday, as the market came under pressure from sluggish Shanghai futures. The Tokyo Commodity Exchange rubber contract for February delivery finished 0.2 yen lower at 173.7 yen ($1.57) per kg, marking a 1.3 p
Published 01 Sep, 2018 12:00am
Oil slips as trade war worries outweigh Iran sanctions
Currency

Oil slips as trade war worries outweigh Iran sanctions

Oil prices slipped on Friday, pressured by renewed concerns that a global trade war could dent energy demand, although impending US sanctions on Iran and falling Venezuelan output limited the decline. Benchmark Brent crude oil fell 35 cents to settle at $
Published 01 Sep, 2018 12:00am
Petrobras, Total ink deals

Petrobras, Total ink deals

Brazil's state-run oil company Petrobras and France's Total on Friday agreed to buy millions of barrels of oil cargo from the Brazilian government, its first successful auction of its share of output from the pre-salt offshore play. The auction, held by P
Published 01 Sep, 2018 12:00am
Copper, other metals slide on trade tensions, strong dollar

Copper, other metals slide on trade tensions, strong dollar

Copper and other industrial metals prices extended losses on Friday, hit by a stronger dollar and more trade tensions between the world's two largest economies. Aluminium, zinc and lead held in positive territory in early trading after growth in China's m
Published 01 Sep, 2018 12:00am
Shanghai copper down

Shanghai copper down

The most-traded October copper contract on the Shanghai Futures Exchange closed down 0.3 percent at 48,580 yuan ($7,111.07) a tonne on Friday to end August 2.6 percent lower than it began the month. China import premiums for physical copper are about $84
Published 01 Sep, 2018 12:00am
US accuses Moscow of 'defending' Idlib offensive

US accuses Moscow of 'defending' Idlib offensive

US Secretary of State Mike Pompeo on Friday accused his Russian counterpart Sergei Lavrov of "defending the assault" by Syrian government forces on the last rebel stronghold in Idlib province. "Sergey Lavrov is defending Syrian and Russian assault on #Idl
Published 01 Sep, 2018 12:00am
Syria rebels blow up bridges to hamper expected Idlib assault

Syria rebels blow up bridges to hamper expected Idlib assault

Rebels from Syria's Idlib have blown up two key bridges in a bid to hamper an expected government assault on the country's last remaining rebel-held province, a monitor said on Friday. The bridges over the Orontes River linked areas of neighbouring Hama p
Published 01 Sep, 2018 12:00am
Australia unveils starfish-killing robot to protect Barrier Reef

Australia unveils starfish-killing robot to protect Barrier Reef

A robot submarine able to hunt and kill the predatory crown-of-thorns starfish devastating the Great Barrier Reef was unveiled by Australian researchers on Friday. Scientists at Queensland University of Technology (QUT) said the robot, named the RangerBot
Published 01 Sep, 2018 12:00am
Iraqi PM sacks paramilitary chief

Iraqi PM sacks paramilitary chief

Iraq's Prime Minister Haider al-Abadi on Thursday announced the dismissal of the head of the powerful Hashed al-Shaabi paramilitary force, which played a major role in stinging defeats of the Islamic State jihadist group. The prime minister in a statement
Published 01 Sep, 2018 12:00am
Russia blocks publication of UN report critical of North Korea

Russia blocks publication of UN report critical of North Korea

Russia has blocked the publication of a UN report on the implementation of sanctions against North Korea because it disagrees with some of the findings, Moscow's ambassador to the world body said Thursday. The report had previously been seen by media orga
Published 01 Sep, 2018 12:00am
Double stabbing at Amsterdam station, terrorism not ruled out

Double stabbing at Amsterdam station, terrorism not ruled out

A knife attacker on Friday stabbed two people at Amsterdam's Central Station before being shot by police, Dutch police said. Witnesses described scenes of panic as gunshots rang out and thousands of commuters and tourists were evacuated from the rail term
Published 01 Sep, 2018 12:00am
Nicaragua expels UN human rights mission

Nicaragua expels UN human rights mission

The government of Nicaragua President Daniel Ortega on Friday expelled the United Nations human rights mission to the Central American country, a local NGO group said. The move comes two days after the UN demanded urgent action and criticized the governme
Published 01 Sep, 2018 12:00am
Activists put on show as Kathmandu summit avoids rights issues

Activists put on show as Kathmandu summit avoids rights issues

Human rights were kept firmly off the agenda at a seven-nation Asian summit that ended Friday, though activists managed to light up the host city with images of a renowned photographer detained in Bangladesh. Bureaucratically known as the Bay of Bengal In
Published 01 Sep, 2018 12:00am
Turkey rushes to buy advanced Russia air defence system

Turkey rushes to buy advanced Russia air defence system

President Recep Tayyip Erdogan on Friday said Turkey will buy some of Russia's highly-sophisticated air defence systems "in the shortest time" - a purchase that has alarmed Ankara's Nato partners. "Turkey needs S-400s and its deal has been done," Erdogan
Published 01 Sep, 2018 12:00am
Extremist jailed for 30 years over plot to behead British PM

Extremist jailed for 30 years over plot to behead British PM

A British man who pledged allegiance to the Islamic State group was on Friday sentenced to a minimum of 30 years in jail for plotting to behead Prime Minister Theresa May in a suicide attack. Naa'imur Zakariyah Rahman, 21, planned to bomb the gates of her
Published 01 Sep, 2018 12:00am
Iran rejects French call for wider talks

Iran rejects French call for wider talks

Iran rejected France's call for talks on issues beyond the nuclear dossier on Friday, saying it was impossible so long as Western powers failed to meet existing commitments. "There is no basis of trust for negotiations, certainly on subjects which are non
Published 01 Sep, 2018 12:00am
60 percent of Americans disapprove of Trump job performance: poll

60 percent of Americans disapprove of Trump job performance: poll

Sixty percent of Americans disapprove of President Donald Trump's job performance and nearly half support impeachment, according to an opinion poll published on Friday. Thirty-six percent of Americans approve of Trump's White House performance, the Washin
Published 01 Sep, 2018 12:00am
Court orders South Africa to recognise Muslim marriages

Court orders South Africa to recognise Muslim marriages

A court in South Africa ordered the government on Friday to change the law to formally recognise Muslim marriage for the first time to avoid being in breach of the constitution. Under the country's common law system, Muslim marriages are not recognised li
Published 01 Sep, 2018 12:00am
Mars dust storm clears, raising hope for stalled NASA rover

Mars dust storm clears, raising hope for stalled NASA rover

One of the biggest Martian dust storms on record is clearing up after nearly three months, raising hope that NASA's stranded, solar-powered robotic vehicle, Opportunity, will soon come back to life. The storm was first detected on May 30, and the US space
Published 01 Sep, 2018 12:00am
Sterling set for fifth monthly loss
Currency

Sterling set for fifth monthly loss

Sterling fell on Friday, retreating from a one-month high in the previous session as investors took profits from a brief rally spurred by hopes of a breakthrough in Brexit negotiations. But Brexit concerns still weighed on the British currency, and togeth
Published 01 Sep, 2018 12:00am
Aussie, kiwi down
Currency

Aussie, kiwi down

The Australian and New Zealand dollars extended losses on Friday and were poised to end the week in the red amid worries about escalating tariff tensions between the United States and China. The Australian dollar was a tad weaker at $0.7258 after three st
Published 01 Sep, 2018 12:00am
Asian currencies dip on Trump's trade war threats

Asian currencies dip on Trump's trade war threats

Asian currencies weakened on Friday as concerns mounted that the United States would impose fresh tariffs on China next week, while sharp declines in the Argentina peso also soured risk sentiment. US President Donald Trump said he was ready to impose more
Published 01 Sep, 2018 12:00am
Turkey hikes tax on forex deposits to prop up lira
Currency

Turkey hikes tax on forex deposits to prop up lira

Turkey on Friday raised tax on foreign currency deposits in a bid to prop up the tumbling lira, in a presidential decision published in the official gazette. The withholding tax on foreign currency deposits of up to six months was raised from 18 to 20 per
Published 01 Sep, 2018 12:00am
Dollar advances in NY for first time in five days
Currency

Dollar advances in NY for first time in five days

The dollar rose for the first time in five days on Thursday, as risk appetite eased and stocks gave up gains notched early in the week amid nagging concerns about US threats to impose additional tariffs on Chinese imports next month. Heavy losses in emerg
Published 01 Sep, 2018 12:00am
Early trade in New York: dollar gains for second day
Currency

Early trade in New York: dollar gains for second day

The dollar rose for a second straight session on Friday on concerns about global trade conflict as the United States sparred with the European Union, China, and Canada. On the week, the dollar index, a gauge of the greenback's value against six currencies
Published 01 Sep, 2018 12:00am
Euro falls in Europe on automobile tariff fears
Currency

Euro falls in Europe on automobile tariff fears

The euro fell on Friday on anxiety about an escalating trade conflict between the US and the European Union. The euro has strengthened in recent sessions partly due to easing concerns about a global trade war denting the dollar's safe-haven appeal. But on
Published 01 Sep, 2018 12:00am
Dollar up in Asia
Currency

Dollar up in Asia

The dollar edged up against its peers on Friday, finding support as the latest episode of US-China trade tensions dulled investor risk appetite, with weakness in emerging market currencies also helping lift the greenback. The dollar index against a basket
Published 01 Sep, 2018 12:00am
Canada economy grows 2.9 percent in second quarter

Canada economy grows 2.9 percent in second quarter

Canada's economy grew at an annual rate of 2.9 percent in the second quarter, lifted by a rise in exports and services, the national statistical agency said Thursday. The increase was slightly less than expected by analysts, who had projected growth of th
Published 01 Sep, 2018 12:00am
Google ties up with Indian lenders in bid to woo new users
Mutual Funds

Google ties up with Indian lenders in bid to woo new users

Alphabet Inc's Google said on Tuesday it is partnering with a handful of Indian banks to bring quick loans to the masses, as it aims to woo tens of millions of new internet users in the country to its digital payments services. At an annual Google event i
Published 01 Sep, 2018 12:00am
New Zealand business confidence dips to decade-low

New Zealand business confidence dips to decade-low

New Zealand business confidence sunk to a decade-low in August, an ANZ Bank survey found on Thursday, sparking fears that firms' holding off on investment would dampen economic growth - sending the New Zealand dollar sharply lower. A net 50.3 percent of s
Published 01 Sep, 2018 12:00am
Australia business investment slips

Australia business investment slips

Australian business investment took a surprising fall last quarter as miners wrapped up work on some major projects, though a sizable upgrade to spending plans for the year ahead suggested the pullback was just a speed bump. Investment slipped a seasonall
Published 01 Sep, 2018 12:00am
As debt levels rise, more Thais struggle to keep up

As debt levels rise, more Thais struggle to keep up

Pimpa Panlao, 31, is struggling to pay off an 80,000 baht ($2,440) bank loan and spends a third of her income from selling women's accessories at a Bangkok market to repay the loan. "Business is bad and it's very tough when you have debt," Pimpa told Reut
Published 01 Sep, 2018 12:00am
Pressure builds for Son, Japan stun China for women football gold

Pressure builds for Son, Japan stun China for women football gold

Spurs forward Son Heung-min attempted to defuse the pressure surrounding the Asian Games football final that could make or break his career on Friday, as Japan edged China to win the women's gold. Rarely has a player had so much at stake as Son, who faces
Published 01 Sep, 2018 12:00am
Japan beat India to claim women's hockey gold

Japan beat India to claim women's hockey gold

Japan's Motomi Kawamura drilled a penalty corner past India's defences to claim the Asian Games women's hockey title with a tense 2-1 win Friday. India removed their goalkeeper for the final two minutes of the match in search of an equaliser as they chase
Published 01 Sep, 2018 12:00am
Qatar grab second handball crown

Qatar grab second handball crown

Qatar handball star Bertrand Roine declared his heavily naturalised team "kings of Asia" as they beat Bahrain in extra time to retain Asian Games gold Friday. With the final tied at 25-25 after normal time, the defending champions triumphed with a dominan
Published 01 Sep, 2018 12:00am
Sharapova closes out Cirstea to advance at US Open

Sharapova closes out Cirstea to advance at US Open

Maria Sharapova thwarted a second-set comeback bid by Sorana Cirstea, beating the Romanian 6-2, 7-5 on Thursday to reach the third round of the US Open. Sharapova, the 2006 champion at Flushing Meadows, coughed up 10 double faults as she got off to a slow
Published 01 Sep, 2018 12:00am
CSKA Moscow sign Japanese forward Nishimura

CSKA Moscow sign Japanese forward Nishimura

Six-time Russian champions CSKA Moscow boosted their line-up ahead of the start of the Champions League group stage by signing Japanese striker Takuma Nishimura on a four-year deal, the club reported Friday. "Welcome Takuma," said a statement on the Red A
Published 01 Sep, 2018 12:00am
Federer, Djokovic through as storm rages over umpire's Kyrgios pep-talk

Federer, Djokovic through as storm rages over umpire's Kyrgios pep-talk

Roger Federer on Thursday set-up a US Open third round clash against Nick Kyrgios who found himself at the centre of an impartiality row after an umpire climbed down from his chair to tell him: "I want to help you". Second seed and five-time champion Fede
Published 01 Sep, 2018 12:00am
Afghanistan see off Ireland to clinch ODI series

Afghanistan see off Ireland to clinch ODI series

Rashid Khan starred for Afghanistan as the tourists routed Ireland by eight wickets to clinch the one-day series in Belfast on Friday. Ireland batted first after winning the toss, but struggled to build any momentum as teenager Khan wreaked havoc with his
Published 01 Sep, 2018 12:00am
Vettel on top as Ferrari dominate after huge Ericsson crash

Vettel on top as Ferrari dominate after huge Ericsson crash

A smiling Sebastian Vettel survived a high-speed spin before topping the times ahead of Ferrari team-mate Kimi Raikkonen in Friday's crash and rain-hit second practice for this weekend's Italian Grand Prix. The German clocked a best lap of one minute and
Published 01 Sep, 2018 12:00am
Pujara shines for India as Moeen takes five wickets

Pujara shines for India as Moeen takes five wickets

England were six without loss in their second innings, a deficit of 21 runs, at stumps on the second day of the fourth Test against India at Southampton on Friday. Alastair Cook was two not out and Keaton Jennings four not out. Earlier, India were dismiss
Published 01 Sep, 2018 12:00am
Bolt makes football debut, tires quickly

Bolt makes football debut, tires quickly

Sprint king Usain Bolt fulfilled a boyhood dream Friday in making his much-anticipated football debut, exciting fans but tiring quickly in a 20-minute cameo for Australia's Central Coast Mariners. The Jamaican superstar, a huge Manchester United fan, has
Published 01 Sep, 2018 12:00am
Germany to again host Formula One Grand Prix

Germany to again host Formula One Grand Prix

Germany will host a Formula One race again in 2019, it was confirmed on Friday, with Hockenheimring to host a Grand Prix. The German Grand Prix returned to the calender last year, with Lewis Hamilton winning at Hockenheimring, near Heidelberg, after contr
Published 01 Sep, 2018 12:00am
Stronger sterling and trade war angst hit FTSE, Whitbread soars
Currency

Stronger sterling and trade war angst hit FTSE, Whitbread soars

Britain's top share index fell on Friday and ended the month with its biggest loss in three years as a stronger pound and broader worries over an escalation in a trade war between the United States and China dented appetite for UK stocks. The blue-chip FT
Published 01 Sep, 2018 12:00am
Most Southeast Asian stocks slip on trade worries

Most Southeast Asian stocks slip on trade worries

Most Southeast Asian stock markets ended lower on Friday, tracking Asian peers, as risk sentiment took a hit by a report US President Donald Trump was preparing to step up a trade war with Beijing. Singapore posted a 3.2 percent loss in August, while most
Published 01 Sep, 2018 12:00am
Hong Kong stocks fall

Hong Kong stocks fall

Hong Kong stocks ended lower on Friday, falling for four months in a row, with risk appetite curbed by renewed trade war fears. Sentiment was also hurt by a slump in index heavyweight Tencent, as Beijing's proposed tougher measures against online gaming h
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
'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
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