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
The journey of Attock Cement started from the year 1981 and the company started its commercial production in 1988. in 25 years, company has shown steady growth. ACPL has attained new peaks every year through strong team work, continuous modernization of p
Bestway Cement is part of Bestway Group of the UK which is a unique and successful conglomerate, consisting of businesses spread across the globe with the help of committed, professional and hardworking management and staff, together with loyal customers
This November, Lahore will host senior representatives from the international cement sector as the city welcomes INTERCEM, a major international cement production and trading conference and exhibition for the first time. The meeting is being held in assoc
"Cement" is a material with adhesive and cohesive properties that makes it capable of bonding mineral fragment into a compact and rigid mass. The word cement seems to have been derived from the middle age English "cyment", and Latin "caementum". The latte
It is indeed a momentous occasion for All Pakistan Cement Manufacturers Association to convince Intercem which is always the largest gathering of cement producers, sellers, buyers, cement machinery manufacturers and allied services worldwide and conferenc
We were very happy to learn that Intercem has organized a World Cement Conference in Lahore, Pakistan from 12th to 14th November, 2018. We have all attended their conferences in Dubai and other parts of the world and have even taken advantage by networkin
All Pakistan Cement Manufacturers Association (APCMA) has been playing key role in promoting local industry and bridging the gap among industry, government and international market.
ICE Canadian canola futures edged higher, boosted by strength in soyabean and rapeseed prices. Trade was lackluster, with little interest in buying or selling, a trader said. Most-active January canola gained 60 cents to $482.40. January-March canola spre
Output from Vietnam's 2018-19 harvest, which started from last month, may not be as high as previously forecast due to unfavourable weather conditions, traders said on Thursday. Traders forecast the output to be around 27 million 60-kg bags for the crop y
Chicago Board of Trade wheat futures fell to a one-week low Friday on concerns about sluggish export demand for US supplies given stiff competition from Russia and a rebound in the dollar, traders said. CBOT December soft red winter what settled down 5-3/
Rice export prices in India recovered this week from their lowest in 21-months on increased rates for local paddy, while trade was muted in Vietnam and Thailand as traders waited for fresh orders from the Philippines. Top exporter India's 5 percent broken
Benchmark northwest European gasoline refining margins ended the week lower but export activity to West Africa capped losses. Several new tankers were booked in recent days to load gasoline in Europe to go to the West African market, where Nigeria has bee
China's soyabean imports jumped by nearly a fifth in October from a year earlier, customs data showed on Thursday, with buyers stocking up on Brazilian beans amid worries over tight supply in the fourth quarter due to the Sino-US trade war.
Demand for physical gold gathered steam during a key festival week, shrugging off a recent downtrend going into the traditional busy wedding season, while other major Asian hubs saw limited activity. India, the second biggest bullion consumer after China,
Prices stabilised on the cotton market on Monday in the process of improved business activity, dealers said. The official spot rate maintained overnight level at Rs 8,900, they added. Prices of seed cotton in Sindh were at Rs 3700-4200, in the Punjab seed
Chicago Board of Trade corn futures ended lower Friday on technical selling and a stronger dollar, which tends to make US grains less competitive globally, traders said. CBOT December corn settled down 3-3/4 cents at $3.69-3/4 per bushel, just above chart
China's steel futures edged lower on Friday and posted their second weekly drop amid signs that steel output in the world's top producer will remain high, pushing prices of raw material iron ore to a one-week peak. The most actively traded rebar on the Sh
On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,580. The traded value of Metals, Energy and COTS/FX was recorded at 12.017 billion and the number of lots traded 16,980. Major business was contributed by WTI crude oil am
Cold weather blanketing much of the United States and Canada this week boosted spot natural gas prices on Friday to their highest levels since last winter in several regions and helped push US futures to a near two-year high. Front-month gas futures rose
Asia's gasoline crack bounced back on Friday, recovering some of the steep looses this week which saw the crack flip into a discount on Thursday for the first time in years due to a persistent supply glut. This came as European storage data showed a weekl
European wheat prices were slightly lower on Friday as sluggish export demand and weakness in Chicago grain futures kept the market on the defensive. December milling wheat on Paris-based Euronext was 0.50 euros lower at 199.50 euros a tonne at 1705 GMT,
The Karachi Port handled 233,874 tonnes of cargo comprising 171,468 tonnes of import cargo and 62,406 tonnes of export cargo including 4,097 loaded and empty containers during the last 24 hours ending at 0700 hours on Monday. The total import cargos of 17
Brazil wheat imports are expected to increase 11 percent in 2019 to 7 million tonnes as the country grapples with crop failures this year, a senior manager for commodities trading firm Bunge Ltd said on Friday. In Brazil, weather problems including rainfa
China, the world's No. 2 corn producer, sharply revised higher its corn output data for the past 10 years, a move that should have wide repercussions for global supply and demand scenarios. The data overhaul follows last year's agricultural census, China'
Saudi Arabia's stock market rebounded on Monday after three days of falls, welcoming Riyadh's plan to reduce oil supply in order to support crude prices. Abu Dhabi Islamic Bank soared on news it would let foreigners buy its shares.
Indian shares closed 1 percent lower on Monday, dragged by oil marketing companies and financials, while investors were cautious ahead of key inflation data due later in the day. The benchmark BSE index fell 0.98 percent to 34,812.99, while the broader NS
Tokyo's benchmark Nikkei index edged up Monday on bargain-hunting and a weak yen, as many investors took to the sidelines while they looked for fresh trading direction after US elections. The Nikkei 225 index rose 0.09 percent or 19.63 points to close at
The Nasdaq Composite index fell about 2.5 percent on Monday, hit by a slump in Apple Inc shares after two suppliers cut their forecasts, sparking a selloff in other iPhone component makers and weighing on technology stocks in general. Apple shares fell 4.
Stocks in Hong Kong moved up marginally on Monday, but were left out from the policy-inspired rally seen in the technology sector in the mainland market, as investors in the city appeared cautious ahead of key earnings announcements and global events. **
The Sri Lankan rupee fell to a record low of 175.90 to the US dollar on Monday, as political uncertainty triggered by President Maithripala Sirisena's decision to dissolve parliament weighed on sentiment and also dragged bonds lower, market sources said.
Most Southeast Asian stock markets closed lower on Monday, with Indonesia shedding over 1.5 percent, as soft China economic data revived concerns about global growth. China's producer inflation slowed for the fourth month in October on cooling domestic de
Stocks in China snapped a five-session losing streak to end higher on Monday, after the securities regulator said it will make it easier for companies to buy back shares. The news lifted smaller-cap stocks, which have been under pressure with pledged shar
European shares were lower on Monday led by a sell-off in technology stocks after earnings and M&A news from German heavyweights Infineon and SAP, and tobacco was hit by new signs of US regulators tightening the screws on menthol cigarettes. The pan-Europ
Energy stocks helped Australia's benchmark share index reverse course to end higher on Monday as oil prices jumped after Saudi Arabia announced a supply cut. Markets had faltered in early trade on worries about slowing global growth and as investors squar
British blue chips outperformed their European peers on Monday as fears about the terms of Brexit sank the pound, giving an accounting boost to stocks with foreign revenues in dollars. The FTSE 100 lost 0.74 percent while Germany's DAX fell 1.77 percent,
European aerospace and defence firm ArianeGroup is to cut 2,300 jobs by 2022 as orders tumble and development of a new rocket nears its end, management said Monday.
Vietnam on Monday became the seventh country to ratify a sprawling Pacific trade pact set to come into effect later this year, despite US President Donald Trump's pullout from a deal he decried as a "job killer".
Many cash machines in the Sudanese capital have run out of banknotes as the government scrambles to prevent economic collapse with a sharp devaluation and emergency austerity measures.
The state energy giants of Saudi Arabia and the United Arab Emirates, Aramco and ADNOC, signed a cooperation deal Monday aimed at bolstering gas production and revenue. The framework deal saw the two biggest Arab oil firms agree to jointly explore investm
A German state-owned bank has found itself at the centre of a battle in the Democratic Republic of Congo over agricultural land dating back to the Belgian colonial period, AFP learned Monday.
Myanmar's Aung San Suu Kyi on Monday implored foreign investors to take a punt on her country - Southeast Asia's "final frontier" - but warned its resources are not open for exploitation at the cost of its people.
Singapore's prime minister made an impassioned plea Monday for open markets and warned "political pressures" were driving countries apart, in a swipe at rising protectionism at the start of a gathering of world leaders. Dignitaries including Chinese Premi
School teachers walked off the job in New Zealand's largest city, Auckland, on Monday, kicking off a week of national strike action as a three-month battle over wages and work conditions tests the Labour-led government.
A top European Central Bank official warned Monday against rising debt levels on the continent, where "contagion" from a struggling Italy "remains a possibility".
Telecoms giant SoftBank will list shares in its Japanese mobile unit next month in a sale that could raise over $21 billion and be one of the biggest tech IPOs in years.
Switzerland-based financial technology firm X8 AG has obtained certification from Islamic scholars for its digital currency, with plans to expand its business in the Middle East, a senior executive said on Monday.
Former France international Franck Ribery allegedly slapped French television pundit Patrick Guillou after Bayern Munich's 3-2 defeat to Borussia Dortmund, Bild newspaper reported on Sunday. Saturday's loss at the Signal Iduna Park left the German champio
K-Electric Limited (KE) on Monday inaugurated the 6th KE Lyari Football League, organized in association with District Football Association South, which will be held from November 12 to 22, 2018, featuring 16 teams. The opening ceremony was held, amid gre
Batsman Rohit Sharma said India were brimming with confidence after their crushing home victories over the West Indies - but warned that winning their first Test series in Australia was a challenge of a different order. India completed a 3-0 Twenty20 seri
Manchester United pair Anthony Martial and Paul Pogba will miss France's key Nations League fixture against the Netherlands and a Uruguay friendly through injury, the French Football Federation (FFF) announced on Monday. Both players arrived in Paris for
France will have to take on Croatia in the Davis Cup final in two weeks time without their top ranked star Richard Gasquet. The world number 26 pulled out of the France pre-final training camp Monday with an unspecified injury. "I'm extremely disappointed
Mushfiqur Rahim became the first wicketkeeper-batsman in history to score two double hundreds in Tests as Bangladesh built a strong total in the second Test against Zimbabwe in Dhaka on Monday. Mushfiqur hit an unbeaten 219 to help Bangladesh declare thei
Roger Federer suffered a shock straight-sets defeat to Kei Nishikori at the ATP Finals on Sunday, severely denting his bid for the 100th title of his illustrious career. The Swiss, who has won the season-ending event a record six times, produced an unchar
Alexander Zverev saw off the challenge of Marin Cilic 7-6 (7/5), 7-6 (7/1) at the ATP Finals on Monday as Novak Djokovic prepared to launch his campaign for a record-equalling sixth title. In a match littered with dozens of unforced errors at London's O2
Asim Khan SNGPL won the title of 3rd Chairman POF Board National Men Squash Championship 2018 by defeating Israr Ahmed with the score 11-6, 11-6, 7-11, 10-12 and 11-7 (3-2). In women final, Madina Zafar SNGPL defeated Amina Fiaz PIA & clinched the trophy
Cristiano Ronaldo scored as Juventus bounced back from their midweek Champions League defeat by Manchester United with a 2-0 win over 10-man AC Milan in Serie A on Sunday, as Gonzalo Higuain missed a penalty before being sent off for the hosts. Mario Mand
The Australian and New Zealand dollars eased again on Monday as concerns about global growth resurfaced, weighing on risk-sensitive assets including equities. The currencies were also dragged down by a broadly stronger US dollar after the Federal Reserve
The dollar rose to a fresh 16-month high versus its key rivals on Monday as traders punished the euro and sterling on growing uncertainty over a smooth Brexit deal. The US currency has also been supported by the Federal Reserve, which last week reaffirmed
The dollar reached a 16-month high on Monday against a basket of currencies as investors built bets on a Federal Reserve interest rate increase next month, and political risks in Europe which put pressure on the euro and the pound. Fears about a no-deal B
The dollar rallied to a 16-month high on Monday as investors positioned for a Federal Reserve interest rate rise next month and concern about political risks in Europe put pressure on the euro and the pound. The dollar fell last week on the belief that lo
The forint eased slightly on Monday as dollar buying amid worries over Britain's talks to quit the European Union weighed on Central European currencies. The forint traded at 321.75 against the euro at 1450 GMT, down 0.1 percent. Against the dollar it tou
Asian currencies started the week lower on Monday as concerns about global growth coupled with US Federal Reserve's hawkish stance hit risk-sensitive assets and boosted the US dollar. Last week, the Fed reaffirmed its plan to raise interest rates by 25 ba
The pound held near a 10-day low on Monday as the twin forces of a resurgent dollar and reduced expectations of a Brexit deal fuelled a selloff. In volatile trading, sterling fell to a 1-1/2 week low of $1.2827 as negative headlines over the last 48 hours
Ethiopia has arrested 63 senior military and intelligence officers accused of corruption and human-rights abuses, the country's attorney general, Berhanu Tsegaye, said Monday. The arrests are a rare move against the country's powerful security apparatus.
At least 150 people have been killed in 24 hours of clashes in the Yemeni port city of Hodeida, medics said Monday, as Britain's top diplomat visited Riyadh seeking to boost international calls for a ceasefire. Government loyalists supported by a Saudi-le
Bangladesh's one-day international captain Mashrafe Mortaza will stand in next month's election, the ruling party announced Monday, after Prime Minister Sheikh Hasina endorsed the superstar's foray into politics. A photograph of 35-year-old Mashrafe, who
The World Health Organization warned Monday that antibiotics consumption is dangerously high in some countries while a shortage in others is spurring risky misuse, driving the emergence of deadly superbug infections. In a first, the United Nations health
Iran has been abiding by the terms of its nuclear deal with global powers, the latest report from the UN atomic watchdog indicated Monday, days after fresh US sanctions hit the country. The International Atomic Energy Agency's latest report showed that as
Austria on Monday marked its 100th anniversary as a republic born from the embers of World War I and the Austro-Hungarian empire with a lavish ceremony at Vienna's prestigious State Opera House. The sprawling Austro-Hungarian empire was broken up in the w
Amnesty International on Monday stripped Aung San Suu Kyi of its highest honour over the de facto Myanmar leader's "indifference" to the atrocities committed by the country's military against Rohingya Muslims. The London-based global human rights organisa
The already slim chance that a Brexit deal would be agreed this month receded still further on Monday as another EU meeting ended without a breakthrough. European Union chief negotiator Michel Barnier warned ministers from member states that no deal has b
Turkey on Monday lashed out at "unacceptable" and "impertinent" comments by the French foreign minister who accused President Recep Tayyip Erdogan of playing a "political game" over the murder of Jamal Khashoggi. Erdogan said on Saturday that Turkey had s
Six people were killed when a suicide bomber blew himself up in Kabul Monday, close to where scores of Afghans had been protesting against Taliban attacks on the minority Hazara ethnic group. The attack is the latest in a wave of violence across war-torn
North Korea is operating at least 13 undeclared bases to hide mobile, nuclear-capable missiles, a new study released Monday has found, raising fresh doubts over US President Donald Trump's signature foreign policy initiative.
A meeting of Joint Working Group (JWG) on Gwadar under the China Pakistan Economic Corridor (CPEC) umbrella would be held on Thursday (November 15) to discuss projects relating to Gwadar and Special Economic Zones (SEZs).
Al-Aman Research and Consulting Group, Al-Aman Holding (Pvt) Ltd and the Centre of Excellence, China-Pakistan Economic Corridor (CPEC), Pakistan Institute for Development Economics (PIDE) proposed to convene the first of a series of conferences to deliber
Minister of State for Interior Shehryar Khan Afridi on Monday said that he would try his best to equip Islamabad Police with latest technology to make it a model police for provinces. He said this while addressing a ceremony to pay tribute to police marty
The Supreme Court on Monday issued notices to Special Assistant to Prime Minister on Overseas Pakistanis and Human Resource Development Zulfiqar Abbas Bukhari and other respondents in a petition seeking removal of Bukhari from the office.
Being responsible for 22 percent of the country's gas production, Pakistan Petroleum Limited (PSX: PPL) has been an aggressive player in the oil and gas exploration and production sector. In 1997, BOC disinvested from the E&P sector worldwide and sold its
Being responsible for 22 percent of the country's gas production, Pakistan Petroleum Limited (PSX: PPL) has been an aggressive player in the oil and gas exploration and production sector. In 1997, BOC disinvested from the E&P sector worldwide and sold its
The government is all set to bring the out of school children to education institutions and introduce uniform education syllabus across the country, and recommendations in this regard will be presented to Prime Minister Imran Khan soon.
Chief Secretary Sindh Syed Mumtaz Ali Shah has advised the administrative secretaries, commissioners and deputy commissioners to ensure the timely completion of the development projects qualitatively and transparently. He was addressing a review meeting o