The rupee showed slight changes against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee did not move any side in terms of the dollar for buying at Rs 138.80, it however, fell by 10 paisas for selling at Rs 13
The rupee showed slight changes against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee did not move any side in terms of the dollar for buying at Rs 138.80, it however, fell by 10 paisas for selling at Rs 13
Petra Kvitova outlasted Ashleigh Barty in a final-set tiebreak to win the Sydney International for the second time on Saturday. The Czech 2015 champion and fifth seed fought back from dropping the opening set and an early break in the final set to beat th
Master Paints/Diamond Paints edged past PBG/Remounts by seven and a half goals to six to win the subsidiary final of the 'Tenacious Polo Cup 2019' played here at Cavalry Polo Ground on Saturday. For the winning side, which had a half goal handicap, Umer M
Pakistan junior squash team reached Thailand for participation in 19th Asian Junior Squash Team Championship, being held at Pattaya (Thailand) from January 16-20, 2019.
Iran sank Vietnam and Iraq beat Yemen as the neighbours and arch-rivals powered into the Asian Cup round of 16 on Saturday ahead of their highly anticipated group decider next week. Sardar Azmoun struck both goals in Iran's 2-0 win in Abu Dhabi, while tee
Mohamed Salah's second-half penalty was enough to give Premier League leaders Liverpool a 1-0 win away to Brighton on Saturday that saw them go seven points clear at the top of the table. Jurgen Klopp's men were enduring a frustrating afternoon on the sou
Australia fended off an explosive century from Rohit Sharma to post a morale-boosting 34-run victory over India in the first one-day international in Sydney on Saturday. The Australians made 288 for five off their 50 overs after winning the toss and restr
Duanne Olivier took his third five-wicket haul of the series before Pakistan's bowlers fought back on the second day of the third and final Test against South Africa on Saturday.
France's farming agency on Wednesday trimmed its forecast for wheat exports outside the EU this season, cautioning that competition would continue to be tough in key North and West African markets. Traders and analysts have seen scope for France, the Euro
China will produce 257.33 million tonnes of corn in the 2018/19 crop year, the agriculture ministry said on Friday, up 20 percent from last month's forecast of 215.04 million tonnes. The higher outlook was based on China's most recent agriculture census,
India's sugar exports are likely to be far lower than a 5 million-tonne target set by New Delhi as a strengthening rupee and falling global prices make shipments unattractive despite a government push for overseas sales, industry officials said. Lower shi
Singapore-based agricultural commodities trading firm Olam International Ltd will shut its sugar trade desk, spokeswoman Nikki Barber said on Tuesday, another sign of pressure on trading houses. The decision comes after raw and white sugar futures on ICE
Farmers in top cocoa grower Ivory Coast say the current crop is worsening, with beans starting to rot, as lack of financing prevents them from properly fermenting and drying beans already stressed by bad weather. Front-month New York cocoa futures traded
CBOT corn rebounded from a one-week low on Friday on technical buying and spill over support from rising soybean prices, traders said. CBOT March corn settled 2 cents higher at $3.78-1/4 per bushel. The contract held chart support at its 100-day moving av
Rates were stable on the cotton market on Saturday in process of lacklustre business activity, dealers said. The official spot rate was unchanged at Rs 8,700, they added. Prices of seed cotton in Sindh were at Rs 3000-3800, in the Punjab seed cotton price
Chicago Board of Trade (CBOT) wheat futures rose for a third time in four sessions on Friday on technical buying and as a weak US dollar and rising wheat prices in rival exporting countries boosted US export prospects, traders said.
Euronext wheat futures rose on Friday, recovering from a one-week low a day earlier, as export hopes fuelled a rally in US wheat. March milling wheat, the most active contract on the Paris-based Euronext exchange, settled 1.25 euros or 0.6 percent higher
Vietnam's state oil firm PetroVietnam aims to produce 12.37 million metric tonnes of crude this year, down 6.5 percent from last year, state media reported on Friday. Tensions in the South China Sea heavily affected the company's oil and gas exploration a
After a miserable 2018, big US bank stocks could be in for a lift if upcoming earnings releases show strong fourth-quarter loan growth helps to offset weak trading revenue. And some bargain hunters are also betting on stronger 2019 growth than current val
Investors demanded cash back from US-based funds for a 13th straight week, showing increased concern over economic growth as stock and bond returns disappointed, Investment Company Institute (ICI) data showed on Wednesday. People withdrew $30.4 billion fr
Investors demanded cash back from US-based funds for a 13th straight week, showing increased concern over economic growth as stock and bond returns disappointed, Investment Company Institute (ICI) data showed on Wednesday. People withdrew $30.4 billion fr
Latin American stocks slid amid profit taking on Wall Street on Friday, but were on pace to log a positive week with Brazil's Bovespa hitting record highs. Currencies in the region fell against a firm dollar, but crept toward weekly gains.
The inclusion of Chinese A-shares in global stock indexes could see foreign inflows into China's stock market double in 2019, the Shanghai Securities News quoted a top Chinese securities regulator as saying on Saturday. "Last year, net foreign stock marke
Wall Street dipped slightly on Friday, breaking a five-session rally, as energy shares declined and investors looked ahead to earnings season, which kicks off next week with Citigroup, JPMorgan and other big banks. Underpinned by optimism over China-US tr
China's yuan is still expected to breach the key 7-per-dollar mark within six months as a dimming economic growth outlook is likely to push the central bank toward easier monetary policy this year, a Reuters poll found. The number of analysts predicting t
Russia's finance ministry, which is set to resume daily foreign currency purchases on the market on Jan 15, is seen buying 280 billion roubles ($4.2 billion) worth of currencies by Feb 6, a Reuters survey showed on Thursday. The finance ministry is return
Daily currency trading volumes were broadly unchanged in December from a year-ago period but declined from November, totalling $1.56 trillion, CLS data showed on Monday. CLS, a major settler of trades in the foreign exchange market, said in a statement th
The Canadian dollar weakened against its US counterpart on Friday as oil prices fell, but the loonie still advanced for a second consecutive week after the Bank of Canada said the challenges facing the economy were temporary. At 2:51 p.m. (1951 GMT), the
Investors turned bullish on most Asian currencies for the first time since early last year, a Reuters poll showed, as risk appetite rose on hopes of a halt to the US rate hike cycle, and the world's top two economies settling a months-long trade row.
The dollar rose against the euro on Friday, boosted by technical factors after the single currency hit key resistance levels, even as the greenback's outlook remained bleak amid cautious signals from the Federal Reserve about further rate hikes.
Zimbabwe will re-introduce a local currency "in less than 12 months", after using the US dollar and regional currencies since a hyperinflation crisis a decade ago, the finance minister said in an interview published on Saturday.
The United States will grant no more waivers for Iranian oil after the reimposition of US sanctions, the US special representative for Iran said on Saturday, underlining Washington's push to choke off Tehran's sources of income. "Iran is now increasingly
Oil producer group OPEC is not the enemy of the United States, United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday in Abu Dhabi. "We are complementing each other, we are not enemies here," Mazrouei told an industry conference in Abu D
China will reduce restrictions on foreign investment and address difficulties facing foreign companies investing in the country, the commerce minister said, according to a report by the official Xinhua news agency on Saturday. Commerce Minister Zhong Shan
China's plans for tax cuts targeting smaller companies will help to support employment and economic stability, and will expand the country's tax base over the long term, Premier Li Keqiang was quoted as saying on Saturday. "Implementing tax cuts for small
At least eight people were killed in Nigeria when a petrol tanker veered off the road, caught fire and exploded as people tried to recover fuel, the emergency services said on Saturday. The vehicle crashed in the Odukpani area of the southeastern state of
A young Saudi woman who caused a sensation by defying her family and seeking asylum abroad was welcomed with open arms in Toronto Saturday at the end of an exhausting international odyssey. Foreign Minister Chrystia Freeland greeted Rahaf Mohammed al-Qunu
Former UN Ambassador Nikki Haley and US President Donald Trump's daughter and adviser Ivanka are among possible US candidates to replace outgoing World Bank President Jim Yong Kim, The Financial Times reported Friday.
US President Donald Trump said on Friday he plans changes to the H-1B program that grants temporary visas for specialty occupations such as technology or medicine, but his administration said later he was referring to changes that were proposed last year.
An Iraq war veteran canceled his plan to crowdsource $1 billion to help President Donald Trump build a wall on the Mexico border Friday after raising only $20 million and drawing questions about his online activities. Triple-amputee veteran Brian Kolfage
Syrian air defences shot down Israeli missiles late Friday, the official SANA news agency reported, citing a military source. Most of the missiles fired by "Israeli military planes" were intercepted at around 11:00 pm (2100 GMT), the source said. "Only a
Clashes erupted between Huthi rebels and government forces in Yemen's flashpoint port city of Hodeida on Saturday, dealing a new blow to a fragile truce, an AFP correspondent reported. Artillery and machine-gun exchanges rocked the southern part of Hodeid
The United States called on Saturday for Venezuela to begin an "orderly transition" to a new government, days after Nicolas Maduro was sworn in to a disputed second term as president. "The people of Venezuela deserve to live in freedom in a democratic soc
JI Chief, Senator Sirajul Haq has urged Prime Minister Imran Khan to begin accountability from his own house as per his own announcement so that nobody could raise any objection and term it victimization. While talking to the media after addressing the JI
A leading Turkish manufacturing company TMT has offered to make investment in manufacturing of medical and surgical equipment in Punjab. A delegation led by chairman TMT Omer CIKIN called on the provincial health minister Prof Yasmin Rashid, here on Satur
The Chief Justice (CJ) of Pakistan on Saturday disposed of a suo motu notice taken on complaint of non-provision of plots in LDA City housing scheme after the Punjab Minister for Housing informed the court that the government had chalked out a plan to com
Sindh Government on Saturday requested Water Commission to continue working till the objectives are completely accomplished as the commission's term is expiring on January 15. Sindh Advocate General Salman Talabuddin made this request on behalf of the pro
The Met Office on Saturday forecast a very cold and dry weather for the most parts of the country in the ext 24 hours. However, it said, a partly cloudy weather is expected in Malakand and Hazara Divisions, Kashmir and Gilgit-Baltistan. "A westerly wave i
The Lahore District Administration on Saturday commenced anti-encroachment operation at Fruit and Vegetable Market in the provincial capital. During the operation, the team of Assistant Commissioner Umar Hayat Gonal removed illegal structures built both i
The Supreme Court on Saturday directed the Punjab and city district governments to take overall 24 petrol pumps being run on state land in Lahore and put them on sale through open bidding. A bench headed by Chief Justice Mian Saqib Nisar was hearing a mat
Pakistan Peoples Party (PPP) chairman Bilawal Bhutto-Zardari criticised Prime Minister Imran Khan saying that he should first learn the principles of politics before practising it. Bilawal was addressing participants at Sachal Sarmast Stadium in Kotri. "T
Prices of essential kitchen items witnessed a mixed trend during this week past as compared to preceding week, a survey conducted by Business Recorder revealed here on Saturday. The survey observed that during the week under review, prices of most
Federal Railways Minister Sheikh Rashid Ahmed has expressed his keen interest to become member of the Public Accounts Committee (PAC) to ensure accountability of the Pakistan Muslim League-Nawaz leadership. The Minister was addressing a press conference o
A good leader always puts his/her house in order first, said Islamabad High Court Chief Justice Athar Minallah. "For all types of leaders whether they belong to politics, judiciary, sports or any other discipline, attributes of good leadership are same,"
K-Electric (KE) is a law-abiding, responsible corporate entity which ensures compliance with all respective guidelines prescribed by relevant authorities. KE follows due process in coordination with concerned authorities, ensuring prior notification and s
Pakistan's Ambassador to the United States Dr Asad Majeed Khan presented his credentials to President Donald Trump in a ceremony held at the White House on Friday, read a press release by the Pakistan Embassy in Washington, DC. On the occasion, Ambassador
The government is trying to mobilise graduates across the country to improve literacy ratio from 58 percent to 70 percent and working to create national curriculum to remove the disparity in education system as the present education system is based on inj
Pakistan Medical Association (PMA) has expressed its concerned over the announcement of 15 percent hike in the medicine prices by the Drug Regulatory Authority of Pakistan (DRAP) with the consent of the federal government of Pakistan. In a press release i
President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has urged the government to devise a mechanism for early payment of refunds. Different incentives should be offered to exporters with constant and cheaper supply of gas and
Real Estate Regulatory Authority (RERA) has urged the finance minister Asad Umer to take all stakeholders on board before finalizing policy related to the real estate sector. In a letter sent to the finance minister, the RERA said government was working o
The anti-terrorism court (ATC) on Saturday directed the Counter Terrorism Department (CTD) to compile and submit the investigation report on February 8 with regard to the attack on the Chinese Consulate in Karachi. Amid the hearing, CTD officers, investig
Some 1885 students were awarded degrees in their respective disciplines at the 27th Convocation of NED University of Engineering & Technology held on Saturday at the main campus of the university. Four Scholars were also awarded PhD Degrees. Governor Sind
The UN General Assembly President, Maria Fernanda Espinosa will visit Pakistan from Friday next at the invitation of Pakistani government. Spokesperson of the UNGA President Monica Grayley told the regular briefing at UN Headquarters in New York that this
Federal Minister for Finance, Revenue and Economic Affairs, Asad Umar said that the purpose of the mini-budget is to remove obstacle and improve ease of doing business. Presiding over a meeting with business community during his first visit to Korangi Cre
Federal Minister for Finance, Revenue and Economic Affairs, Asad Umar, has said that Prime Minister Imran Khan is taking personal interest for the betterment of the country's economy and government is taking all possible measures to bring the economy on r
Justice Mansoor Ali Shah has said the Chief Justice has prerogative to constitute benches but once a bench is constituted and is seized of a matter on judicial side, it cannot be reconstituted by the Chief Justice in exercise of his administrative powers
The incidents of robbery increased in the federal capital during the last week, as 10 cases of various kinds of theft were reported to the city's various police stations wherein citizens lost valuables worth millions of rupees.
Chairman NAB former Justice Javed Iqbal has said that the NAB gives priority to the mega corruption white collar cases as per law. He said that corruption is mother of all evils as it undermines economic development and deprives deserving persons of their
Sugarcane growers have expressed serious concern over the government's failure to implement courts order regarding payment of the sugarcane price to the farmers and warned to agitate after three days if the mills owners did not clear their dues.
The Finance Supplementary (Amendment) Bill, 2019 requires an amendment to the Sales Tax Act, 1990 to remove an anomaly in IT sector by withdrawing conditional taxes on computer components parts used by the local manufacturer and assemblers.
ANP has hinted at moving judiciary against the possible privatization of the Bank of Khyber (BoK), adding that bank is the source of receipts of the province and instead privatization stressed need for its further strengthening.
Pakistan Peoples Party (PPP) has reacted to increase in the prices of medicines and termed the government's decision an enmity with the nation. Senator Mustafa Nawaz Khokhar, the spokesman for Chairman PPP Bilawal Bhutto-Zardari, said that the constant in
Chief Minister Khyber Pakhtunkhwa Mahmood Khan had directed shifting of 171 orphan children to "Zamong Kor in 12 different districts in the province", especially established shelter home for the street children.
Pakistan Ex-Servicemen Association (PESA) has urged the government to extend the term of military court till complete peace is restored in the country. They expressed these views in a meeting of Veterans of Pakistan (VoP), formerly known as PESA, chaired
The family of the late Air Marshal Asghar Khan (retd) has made the right decision. The question is why should it suffer on account of FIA's incompetence and complacency? It is quite unbelievable that the FIA has proposed to the top court to close the Asgh
Holiday shopping reports released Thursday underscored anew the challenges US retailers face in the Amazon era - even if consumers are willing to open their wallets to spend.
As angry protests pile pressure on Sudanese President Omar al-Bashir to step down, key powers are standing by his regime to ensure stability in a strife-torn region, analysts say. Demonstrations that erupted in the provinces last month after the governmen
Last week, Chief Justice of Pakistan took notice of excess payment made to a few independent power plants (IPPs) in relation to the circular debt. These IPPs have been accused of seeking rent and making money above the government contractual obligations,
Terrorists struck twice in Balochistan a week ago. In the northern Pashtun-dominated district of Pishin, an improvised explosive device (IED) hidden inside a motorcycle went off outside the office of Naib Tehsildar as he arrived in Levies vehicle. The oth
As an apt reincarnation of Chanakya (nick name Indian Machiavelli), India's Prime Minister Narendra Modi is out for anything to say and do anything to win another election. But given his pathetic performance and the electorate's growing ability to see thr
Two regional parties that were former bitter rivals announced an unlikely alliance Saturday to fight Indian Prime Minister Narendra Modi's ruling Hindu nationalist party in a looming general election.