Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Thursday (December 27, 2018).
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
Saudi Arabia and other Gulf stock markets gained on Thursday as the sharp rebound on Wall Street overnight and Brent oil's recovery from below $50 a barrel lifted investor sentiment. Saudi Arabia's index rose 0.5 percent with Al Rajhi Bank adding 1.1 perc
Japan's Nikkei share average rallied on Thursday, pulling away from a 20-month low, after Wall Street rebounded sharply from deep losses suffered earlier this week. The Nikkei ended the day up 3.88 percent at 20,077.62, posting its biggest one-day percent
Wall Street was back in sell-off mode early Thursday, with the Dow falling two percent amid worries over slowing economic growth that have dented sentiment for most of December. A day after notching its biggest-ever point gain, the Dow Jones Industrial Av
Indian shares ended higher on Thursday, led by IT stocks such as Infosys Ltd and as positive US holiday sales data brought some respite for investors. The benchmark BSE index closed up 0.44 percent at 35,807.28. The broader NSE index ended 0.47 percent hi
Most Southeast Asian stock markets ended Thursday higher as a rally on Wall Street, coupled with a leeway in the Sino-US trade standoff spurred a buying spree across Asia. Wall Street recovered from a severe equity rout that had battered most global marke
The Hong Kong market tracked the fall in mainland Chinese shares on Thursday, marking its lowest close in almost two months as investors sought to mitigate the damage from a fall in Sinopec shares after the surprise suspension two of its executives. The H
European shares fell on Thursday as support from a record bounce on Wall Street gave way to persistent worries about a slowing global economy and a trade spat between Washington and Beijing. The pan-European STOXX 600 index fell 0.8 percent to its lowest
Australian shares rose sharply on Thursday, led by resource- based stocks, following an overnight surge in US equities that provided some post-Christmas cheer for investors. The S&P/ASX 200 index climbed 1.9 pct to finished at 5,597.20 when the market reo
The UK's FTSE 100 gave up early gains and sunk to lows not seen since August 2016 as a dip in oil stocks on oversupply concerns overrode initial cheer from Wall Street where strong US data had helped drive a dramatic rebound. The FTSE 100 was 0.5 percent
Profits at China's industrial firms fell 1.8 percent to 594.8 billion yuan ($86.36 billion) in November from a year earlier, the first contraction since December 2015, and compared with a 3.6 percent gain in October, the National Bureau of Statistics said
It's a rite of spring in Japan: Major corporations hire fresh university graduates en masse every April, starting them all at the same salary with assurances of rising pay and lifetime employment. But lately, some companies, including Rakuten, SoftBank an
Vietnam's growth soared to more than 7 percent this year, its highest in a decade, helped by a surge in its manufacturing sector. The country has long been one of Asia's fastest growing economies - GDP growth topped 5 percent over the past five years - la
Chinese telecoms giant Huawei expects to see a 21 percent rise in revenue for 2018, its chairman said Thursday despite a year of "unfair treatment" which saw its products banned in several countries over security concerns.
Chinese telecoms giant Huawei expects to see a 21 percent rise in revenue for 2018, its chairman said Thursday despite a year of "unfair treatment" which saw its products banned in several countries over security concerns.
Trade negotiators from China and the United States are planning to meet in January for talks, Beijing said Thursday, but stopped short of confirming the exact date or location. Both sides are engaged in a bruising trade war but relations have thawed since
The central Chinese city of Hengyang on Thursday rescinded an order to lift curbs on property prices that it had introduced just a day earlier after the move sent shares in China's real estate firms rallying. It had decided to scrap the limits, starting f
Business leaders' confidence in the British economy has sunk to its lowest level in more than 18 months as the risk of a no-deal Brexit in a little over three months grows, the Institute of Directors (IoD) said on Thursday. The group, which represents bus
A Vatican court has ordered an Italian businessman jailed for money laundering, a first for the notoriously secret micro-state. The court ordered Angelo Proietti, 63, jailed for two-and-a-half years, and seized more than a million euros ($1.14 million) th
China's central bank said on Thursday it will maintain a prudent monetary policy and keep the Chinese currency basically stable while offering "reasonably ample" liquidity to the market. A statement following a quarterly meeting of its monetary policy com
The Swiss investor sentiment rose to -22.2 points in December, Credit Suisse, which issues the indicator in cooperation with the CFA Society Switzerland, said on Thursday. A large number of the survey respondents expected a first rate hike by the Swiss Na
US consumer confidence saw a steep decline in December amid a sharp selloff on Wall Street and political turmoil in Washington, according to a monthly survey released Thursday. The cutoff date for the survey was December 13 - before the US government shut
Traditional traders and local players rejoiced Thursday at new e-commerce rules imposed by the Indian government on global giants such as Amazon and Walmart which analysts said could force them to rethink their Indian operations.
Inter Milan will play two Serie A home matches behind closed doors as punishment for the racist chants directed towards Napoli defender Kalidou Koulibaly, the Italian league announced on Thursday. Koulibaly was subjected to monkey noises from the crowd se
Peshawar and Swabi took berth into the women final of the Osama Shaheed Memorial Table Tennis Championship being played here at Qayyum Sports Complex on Thursday. On the second day in the women category Peshawar defeated Kohat by 3-0 while Swabi recorded
The two-day thrilling Snow Cross Jeep Rally will commence at the snow-capped mountains of scenic Naran valley tomorrow (Saturday). The Tourism Department of Khyber Pakhtunkhwa, Frontier 4x4 Club, Mansehra district government, Mountain Dew and Pak Wheels h
A dogged Cheteshwar Pujara hit a classy century as he and Virat Kohli patiently steered India into a dominant position in the third Test against Australia on Thursday. At lunch on day two, they were 277 for two with Pujara not out 103 and Kohli on 69, lea
The inaugural edition of the small-sided Leisure Leagues Women's Cup featuring eight teams has commenced in Islamabad. The eight teams participating in the tournament are CLFC, CLFC Youth, Charcoal FC, Smurfs FC, Young Rising Star (YRS), Black Stars FC an
Imam-ul-Haq scored a half-century as Pakistan made a good start to their second innings on the second day of the first Test against South Africa at SuperSport Park on Thursday. Imam was on 57 not out as Pakistan reached 100 for one at tea, an overall lead
TCL, one of the world's top three TV brands, has announced that they have once again signed on to become one of the sponsors of Peshawar Zalmi for the 2019 season of Pakistan Super League (PSL). Peshawar Zalmi is the biggest PSL franchise in terms of bran
Imran Khan's half-century on 21 balls guided Peshawar Atlan to a comfortable 10 wickets victory against Charsadda King in the final of the first Afghan Refugees Super Cricket League which concluded here at University of Peshawar Campus ground on Thursday.
PBG/Remounts took edge of seven and half goals to six against Polo D Sufi in the eight-chukker match of the Maj Gen Saeed Uz Zaman Memorial Polo Cup 2018 played here at Fortress Stadium on Thursday.
Bangladeshi cricket officials on Thursday lifted a ban on former Australian captain Steve Smith playing in the forthcoming Twenty20 Bangladesh Premier League, an official said. The ruling means Smith, currently serving a one-year ban from international cr
China's yuan on Thursday eased against the stronger dollar, which was supported by a record surge for Wall Street stocks and higher US Treasury yields. But losses for the yuan were capped as volumes were thin on the second last session in 2018, with many
The Sri Lankan rupee fell to a record low on Thursday amid dollar demand by state banks and continued outflows of foreign funds mainly from government bonds as political uncertainty dented investor sentiment. The rupee hit an all-time low of 182.35 the do
The Japanese yen gained half a percent against the dollar on Thursday as widening cracks in global stock markets prompted investors to load up on perceived safe-haven assets. Though US stocks jumped on Wednesday, sentiment was decidedly more cautious goin
The US dollar fell against the Japanese yen on Wednesday, giving up most of the gains logged in the previous session, as worries about widening cracks in global stock markets prompted investors to load up on perceived safe-haven assets. The greenback adva
Russian Finance Minister Anton Siluanov said on Thursday he saw no reason for rouble instability in 2019 under a baseline scenario. Siluanov, speaking on state television, added that the finance ministry was confident it could borrow on the local market n
The Russian central bank said on Thursday it had revoked the licences of the country's largest companies that provide clients with access to the forex market. These companies, which include Alpari, Teletrade and Forex-club, had violated central bank regul
Most emerging Asian currencies slipped on Thursday, as the dollar retained the strength it gained overnight after a dramatic Wall Street rally. Strong holiday sales data and Washington's efforts to assuage investor concerns led to a buying spree, with the
The Australian dollar led commodity-linked currencies lower on Thursday on concerns about a fresh chapter of trade tensions between the United States and China, though broader sentiment remained positive after an overnight rally in global stocks.
On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,537. The traded value of Metals, Energy and COTS/FX was recorded at PKR 41.025 billion and the number of lots traded 52,149. Major business was contributed by NSDQ100 a
Chicago Board of Trade (CBOT) soyabean futures fell to a near one-month low on Wednesday, as funds sought to grab profits and favorable growing weather in South America boosts predictions of bountiful harvests, traders said. CBOT January soyabeans ended d
Chicago Board of Trade wheat futures ended on a low note on Wednesday, as the market continued to wrestle with concerns over sluggish export demand and the US ability to compete with the Russian wheat market, traders said. Wheat futures' prices also were
Scarce rains in December will reduce soyabean yields and possibly output in Brazil's largest-producing state, farmers from various regions of Mato Grosso told Reuters on Wednesday. Dry weather and high temperatures are also accelerating the soyabean cycle
The Karachi Port handled 111,746 tonnes of cargo comprising 65,552 tonnes of import cargo and 46,194 tonnes of export cargo including 7,038 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargos of 6
Modest trading activity was seen on the cotton market on Thursday as most the participants were on the sideline due to lack of buying interest, dealers said. The official spot rate was at Rs 8,700, they added. Prices of seed cotton in Sindh were at Rs 300
Dalian coke futures fell on Wednesday for a third session amid concerns over weak demand for the steelmaking raw material, with Beijing vowing not to relax its anti-pollution campaign that has forced steel mills to reduce output or even halt operations.
The United States and the United Nations on Thursday raised concerns over the looming general election in Bangladesh as the opposition said hundreds more activists had been arrested and attacked. The South Asian nation's Prime Minister Sheikh Hasina used
President Donald Trump's lightning Christmas visit with US troops in Iraq has triggered questions and criticism in a country deeply divided over Washington's influence since the 2003 US invasion. The Wednesday visit, Trump's first with US troops in a conf
A middle-aged Indian woman attacked her alleged stalker and cut off his genitals before rushing him to hospital to save his life, police said on Thursday. The accused woman on Tuesday asked two men to lure the 25-year-old to an isolated place in the subur