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Print - 2019-01-11
Tennis match-fixing gang dismantled in Spain

Tennis match-fixing gang dismantled in Spain

Spanish police have dismantled a gang that allegedly fixed professional tennis competitions, detaining 15 people and probing 68 others including tennis players, one of whom played in the last US Open, they said Thursday. In a statement, the Civil Guard po
Published 11 Jan, 2019 12:00am
Serena handed tough draw in quest for record 24th Slam
Kerb

Serena handed tough draw in quest for record 24th Slam

Serena Williams has been handed a challenging draw in her quest for a record-equalling 24th Grand Slam title at the Australian Open, starting with Germany's Tatjana Maria in the first round. The American, seeded 16, is gunning to match Margaret Court's re
Published 11 Jan, 2019 12:00am
Djokovic faces qualifier at Open, Federer takes on Istomin

Djokovic faces qualifier at Open, Federer takes on Istomin

World number one Novak Djokovic will start his bid to win a record seventh Australian Open title next week against a qualifier following Thursday's draw. The Serb had a magnificent 2018, making an astonishing climb back from outside the world's top 20 in
Published 11 Jan, 2019 12:00am
China says US trade talks 'laid foundation' to resolve concerns

China says US trade talks 'laid foundation' to resolve concerns

China said Thursday that trade talks in Beijing with a US negotiating team had "laid the foundation" to resolve concerns held by both sides in a bruising trade war. US officials visited Beijing from Monday to Wednesday for the first sit-down talks since P
Published 11 Jan, 2019 12:00am
German online bank N26 scores record 'fintech' funding

German online bank N26 scores record 'fintech' funding

German online bank N26 said Thursday it had raised $300 million to fund its launch in the United States, which gives the firm a valuation of $2.7 billion. The fundraising round was the biggest ever for a German "fintech" or financial technology firm, busi
Published 11 Jan, 2019 12:00am
Fiat Chrysler to pay $515 million in US 'dieselgate' settlements

Fiat Chrysler to pay $515 million in US 'dieselgate' settlements

Fiat Chrysler agreed to a $515 million US settlement on charges it installed "defeat devices" on cars to evade emissions tests, the US Justice Department announced Thursday. The auto giant will recall and repair more than 100,000 diesel vehicles sold in t
Published 11 Jan, 2019 12:00am
US weekly jobless claims showcase economy's strength

US weekly jobless claims showcase economy's strength

The number of Americans filing applications for jobless benefits fell more than expected last week, pointing to sustained labour market strength that could further assuage concerns about the economy's health. The report from the Labour Department on Thurs
Published 11 Jan, 2019 12:00am
ECB charts uncertain course through shifting risks

ECB charts uncertain course through shifting risks

European Central Bank chiefs went ahead and halted a key element of their economic stimulus programme despite a complex, shifting array of risks to growth, an account of their December meeting showed Thursday. Looking ahead, "it was underlined that the si
Published 11 Jan, 2019 12:00am
Longer US government shutdown will hit economy: Fed

Longer US government shutdown will hit economy: Fed

The US economy could take a clear hit from the government shutdown if it continues for a long time, Federal Reserve Chairman Jerome Powell said Thursday. While most previous shutdowns have been fairly short and have not affected the economy in the aggrega
Published 11 Jan, 2019 12:00am
China factory gate inflation dives as trade war rumbles on

China factory gate inflation dives as trade war rumbles on

The cost of producing goods in China's factories slowed sharply in December, a sign demand remains weak as the US trade war drags on, while consumer inflation also flagged, official data showed Thursday. The producer price index (PPI) - an important barom
Published 11 Jan, 2019 12:00am
Vodafone to cut up to 1,200 jobs in Spain

Vodafone to cut up to 1,200 jobs in Spain

Vodafone said Thursday it planned to cut up to 1,200 jobs in Spain as it streamlines its organisation to cope with a drop in revenue and profits in a fiercely competitive telecommunications market. In a statement, the group said it would kick off consulta
Published 11 Jan, 2019 12:00am
Saudi Arabia awards first major wind project worth $500 million

Saudi Arabia awards first major wind project worth $500 million

Saudi Arabia on Thursday awarded a contract to build a $500 million wind farm, a first for the world's top oil exporter as it pushes to diversify its energy sector. A consortium led by France's EDF and Abu Dhabi's Masdar won the bid for the 400-megawatt D
Published 11 Jan, 2019 12:00am
Jaguar Land Rover, Ford to slash jobs

Jaguar Land Rover, Ford to slash jobs

Thousands of auto sector jobs are set to go across Europe, Jaguar Land Rover and Ford announced Thursday, under major restructuring as consumers dump diesel cars for greener electric vehicles. Brexit-facing JLR will axe around 4,500 mostly UK jobs, the In
Published 11 Jan, 2019 12:00am
Rolls-Royce backs UK after record year

Rolls-Royce backs UK after record year

Rolls-Royce Motor Cars "belongs to Britain," its chief executive said Thursday amid growing concerns over the possible impact of a no-deal Brexit on the economy. German-owned Rolls-Royce sold a record-high number of luxury vehicles last year, with purchas
Published 11 Jan, 2019 12:00am
UK retail sector suffers as shoppers lack Christmas cheer

UK retail sector suffers as shoppers lack Christmas cheer

Christmas delivered mixed fortunes for Britain's retailers, earnings and data showed Thursday, as the sector battled a "perfect storm" of higher costs, fierce online competition, stretched household budgets - and Brexit. The nation's biggest retailer, sup
Published 11 Jan, 2019 12:00am
UK shares recover as investors look past hazy trade talk outcome

UK shares recover as investors look past hazy trade talk outcome

British shares turned around on Thursday to end the session at their highest in over a month as investors shrugged off a lack of detail from Sino-US trade talks and weak news from the high street that renewed worries about the retail sector.
Published 11 Jan, 2019 12:00am
Southeast Asian stocks climb

Southeast Asian stocks climb

Most Southeast Asian stock markets closed higher on Thursday as investors awaited more details on the Sino-US trade talks, while growing optimism that the US Federal Reserve might adopt a more dovish stance this year boosted investor sentiment as well.
Published 11 Jan, 2019 12:00am
China stocks weakens

China stocks weakens

Chinese shares shed earlier gains to end lower on Thursday as worries about sluggish economic growth sunk in, while the excitement over the US-China trade negotiations and policy support faded.
Published 11 Jan, 2019 12:00am
Treasury yields fall

Treasury yields fall

Dovish Federal Reserve speakers and a strong 10-year note auction helped bring Treasury yields down from two-week highs on Wednesday, after optimism that the United States would reach a trade deal with China had earlier boosted risk appetite. Another clut
Published 11 Jan, 2019 12:00am
Treasury yields fall

Treasury yields fall

Dovish Federal Reserve speakers and a strong 10-year note auction helped bring Treasury yields down from two-week highs on Wednesday, after optimism that the United States would reach a trade deal with China had earlier boosted risk appetite. Another clut
Published 11 Jan, 2019 12:00am
Indian shares lower

Indian shares lower

Indian shares snapped four sessions of gains to settle lower on Thursday as investors remained cautious ahead of technology giant Tata Consultancy Services' results. The benchmark BSE index closed the session 0.29 percent lower at 36,106.41, while the bro
Published 11 Jan, 2019 12:00am
Wall Street extends rally as chipmakers rebound

Wall Street extends rally as chipmakers rebound

Wall Street rallied for a fourth session on Wednesday, propelled by Apple, chipmakers and other trade-sensitive stocks after signs of progress in trade talks between the United States and China.
Published 11 Jan, 2019 12:00am
Thursday's early trade: stocks little changed

Thursday's early trade: stocks little changed

US stocks were little changed on Thursday after a four-day surge, as weakness in retailers due to tepid holiday season report from Macy's Inc and concerns over progress in the US-China trade talks were offset by gains in Boeing.
Published 11 Jan, 2019 12:00am
Tokyo stocks lower

Tokyo stocks lower

Tokyo stocks closed lower on Thursday as investors took profits after three days of rallies and with fears over the US government shutdown weighing on the market.
Published 11 Jan, 2019 12:00am
Australian shares up; New Zealand down

Australian shares up; New Zealand down

Australian shares ended higher on Thursday after trading in a tight range for most of the session, as a burst of late buying after the bell propped up large cap stocks, boosting the index. The S&P/ASX 200 index was little changed in late trade but rose 0.
Published 11 Jan, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 11 Jan, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 11 Jan, 2019 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 11 Jan, 2019 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 11 Jan, 2019 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 Thursday (January 10, 2019).

Published 11 Jan, 2019 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 Thursday (January 10, 2019).

Published 11 Jan, 2019 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (January 10, 2019).
Published 11 Jan, 2019 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (January 10, 2019).

Published 11 Jan, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (January 10, 2019).

Published 11 Jan, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (January 10, 2019).

Published 11 Jan, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (January 10, 2019).

Published 11 Jan, 2019 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (January 10, 2019).

Published 11 Jan, 2019 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (January 10, 2019).

Published 11 Jan, 2019 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (January 10, 2019).

Published 11 Jan, 2019 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 11 Jan, 2019 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.

Published 11 Jan, 2019 12:00am
US MIDDAY: gold eases

US MIDDAY: gold eases

Gold eased in early trade in New York on Thursday, holding below the key $1,300 an ounce level, as the dollar bounced back from lows, with the precious metal paring back gains seen after dovish US Federal Reserve minutes in the previous session.
Published 11 Jan, 2019 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 11 Jan, 2019 12:00am
US MIDDAY: soyabeans sink

US MIDDAY: soyabeans sink

US soyabean futures dropped nearly 2 percent on Thursday, the steepest slide since Nov. 26, reversing a week of gains due to a lack new purchases by China since trade talks with the United States. Forecasts for a bumper Brazilian soyabean crop added press
Published 11 Jan, 2019 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 11 Jan, 2019 12:00am
Gold steadies in Europe

Gold steadies in Europe

Gold steadied near a more than six-month peak on Thursday as the dollar's slight recovery offset concerns about economic growth after US-China talks failed to provide clarity on efforts to end their trade dispute. Spot gold was little changed at $1,292.95
Published 11 Jan, 2019 12:00am
Gold gains in Asia

Gold gains in Asia

Gold prices rose on Thursday as growing expectations that the US Federal Reserve will pause its rate tightening cycle this year and an impasse between US President Donald Trump and Democrats on funding for a border wall weighed on the dollar.
Published 11 Jan, 2019 12:00am