Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (February 19, 2019).
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 Dubai stock market extended gains as it rose for a fifth session on Tuesday, mainly driven by property stocks after strong fourth-quarter earnings. Saudi Arabia's market fell as investors booked profit after the market gained significantly this year.
Tokyo stocks rose Tuesday on growing expectations the US and China can strike a deal ending their trade dispute as the two countries prepared to continue negotiations. The benchmark Nikkei 225 index gained 0.10 percent, or 20.80 points, to close at 21,302
US stocks inched higher on Tuesday, led by Amazon and upbeat earnings from Walmart, while investors focused on the latest round of trade talks between the United States and China.
Australian shares closed modestly higher on Tuesday as losses in the mining and healthcare sectors were offset by significant gains in financial stocks as investors turned to the safety of the nation's biggest banks. The S&P/ASX 200 index rose 0.3 percent
Philippine stocks fell the most on Tuesday dragged by losses in the real estate and financial stocks, as most of the Southeast Asian equity markets ended lower, while Malaysia gained as investors took positions amid the earnings season. The Philippine ind
Indian shares erased early gains to end lower on Tuesday, with the benchmark BSE index clocking ninth straight session of falls, its longest losing streak in nearly eight years. The broader NSE index fell for the eighth straight session and closed 0.34 pe
Shanghai stocks ended flat after briefly touching a near five-month high on Tuesday, as investors booked profits following a surge in the previous session. The blue-chip CSI300 index fell 0.2 percent, to 3,439.61 points, while the Shanghai Composite Index
European shares dipped on Tuesday as a disappointing update from HSBC hit the heavyweight banking sector and a rally fuelled by optimism about a possible Sino-US trade deal ran out of steam. A new round of talks between the United States and China was tak
France and Cyprus took full advantage of a market supercharged by expectations of more monetary stimulus from the European Central Bank to print syndicated bonds on Tuesday. France had garnered a maximum of 33.5 billion euros of demand for a 7 billion eur
France and Cyprus took full advantage of a market supercharged by expectations of more monetary stimulus from the European Central Bank to print syndicated bonds on Tuesday. France had garnered a maximum of 33.5 billion euros of demand for a 7 billion eur
Britain's main index fell on Tuesday, weighed down by disappointing results from blue-chip heavyweight HSBC and a stronger pound, while mid-cap baker Greggs surged to a record high after guiding to higher full-year profits. The FTSE 100 closed down 0.6 pe
Confidence among German financial players picked up slightly in February, a regular survey showed Tuesday, but remained in negative territory as clouds hang over the global economy.
Mongolian authorities have temporarily closed all KFC restaurants in the country after more than 200 customers suffered food poisoning symptoms and dozens were hospitalised. The first cases emerged earlier this month, with 16 people showing symptoms of fo
A consumer boycott on Danone products in Morocco contributed to the French food giant's profits and sales sinking last year, it said Tuesday. The world's largest yoghurt maker said in a statement that its net profit fell by 4.1 percent to 2.35 billion eur
Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank was ready to ramp up stimulus if sharp yen rises hurt the economy and derail the path towards achieving its 2 percent inflation target.
Germany's current account surplus shrank but remained by far the world's largest last year due to strong exports, according to data from the Ifo institute on Tuesday that is likely to renew criticism of Chancellor Angela Merkel's fiscal policies.
Spanish energy giant Repsol announced Tuesday it had made a substantial natural gas discovery in Indonesia along with its partners, Malaysia's Petronas and Japan's Mitsui Oil Exploration (Moeco). The company described the discovery in South Sumatra as "th
A convoy of big trucks from Canada's oil producing regions rolled into the capital Ottawa Tuesday as hundreds of people including "yellow vest" activists rallied in protest at government curbs on pipeline construction. Parked outside parliament, they honk
Britain's unemployment rate is at a 44-year low, official data showed Tuesday, despite weakening economic growth blamed on a global slowdown and Brexit clouds. The jobless rate stood at 4.0 percent in the three months to December, the lowest level since 1
Banking giant HSBC said on Tuesday that pre-tax profit rose last year but it suffered a bruising final quarter as worries over the global economy and the US-China trade war began to bite. The London-headquartered behemoth told investors it was still aimin
Walmart reported a jump in fourth-quarter profits on Tuesday behind higher sales at US stores, although executives acknowledged they had yet to solve the profitability riddle of its fast-growing e-commerce business. The world's biggest retailer, which has
Anglo-Australian mining giant BHP on Tuesday reported a lower-than-expected US$3.73 billion half-yearly profit, as it warned of a softening Chinese market and growing trade rows. The underlying profit for the six months to December 31 was eight percent lo
Germany and France on Tuesday vowed to seek reform of European competition rules that prevent blockbuster mergers of homegrown companies, with French Economy Minister Bruno Le Maire saying there is "sometimes nothing more stupid than European rules".
Alastair Cook believes England can end decades of World Cup disappointment with a triumph on home soil this year. England have never won the men's World Cup, but with 100 days to go until the start of the latest edition, a team captained by Eoin Morgan ar
Shoaib Afzal of Khyber Pakhtunkhwa, Yaseen Khattak of PAF, Abdullah of Abbottabad and Mubashir of Punjab entered into the main round of the ongoing National Junior Boys and Girls Squash Championship after recording victories against their respectively riv
Habib University has dedicated its newly built basketball court to TPL and a friendly match was played between the students of the University to mark the event. Speaking at the inauguration ceremony, Chairman TPL, Jameel Yusuf (S.St.) said "We are here be
Simona Halep and Petra Kvitova both won their opening matches at the Dubai Championships on Tuesday, while Elina Svitolina made a strong start to her bid for a third straight title. Kvitova, the 2013 winner, recovered from losing a first-set tiebreak to d
Opening bowler Vernon Philander has been ruled out of the second Test between South Africa and Sri Lanka starting at St George's Park on Thursday. South African coach Ottis Gibson said on Tuesday that Philander, who did not bowl in the second innings of S
University of Peshawar (UoP) upset Government College University Faisalabad in a 3-1 battle of the All Pakistan Inter-University Boys Volleyball Championship being played here at PSB Coaching Center Hall here on Tuesday. University of Peshawar lost the fi
Former head coach Waqar Younis has said the Pakistan Super League (PSL) has brought significant improvement in Pakistan's Twenty20 cricket and has constantly been throwing new talent to the fore. "I think if you look at the shorter version, you feel there
The Australian dollar eased back on Tuesday after the country's central bank sounded a warning about weakness in the housing market that was taken as dovish for interest rates. The Aussie dipped to $0.7121 and away from Monday's top of $0.7160, which now
The dollar inched up against the yen on Tuesday after Japan's central bank governor raised the possibility of further policy easing, while the euro's latest bounce faded as the focus shifted back to economic challenges in the bloc. The greenback rose to 1
The dollar on Tuesday fell against a basket of other currencies as traders scaled back their safe-haven greenback holdings on optimism that a fresh round of talks between China and the United States would help resolve their trade conflict. The dollar inde
The Swedish crown plummeted on Tuesday after weak inflation data prompted investors to sell the currency and scale back bets interest rates would rise this year, while poor Italian industrial orders knocked the euro lower. The crown rose last week after S
Argentina's central bank, looking to rein in a stronger peso, has snapped up close to 1 billion US dollars in the last month, helping trim back sky-high interest rates and top up dollar reserves that could combat economic and political uncertainty as an e
Most Asian currencies inched lower on Tuesday as investors turned a little wary ahead of the next round of trade talks between the United States and China. The talks in Washington begin on Tuesday, and in the same pattern as last week's negotiations in Be
Sterling shot past $1.30 on Tuesday on hopes that Prime Minister Theresa May will make progress in seeking changes to her Brexit deal with the European Union, although some traders struggled to explain the size of the move. After edging higher for much of
Asia's naphtha crack was at a two-session low of $38.15 a tonne on Monday, weighed down by high crude oil prices and weak gasoline fundamentals. Asia's gasoline crack, for instance, remained at discounts to Brent crude as excess supply remained an issue.
Most of Ivory Coast's cocoa growing regions saw no rainfall last week, raising fears for the April-to-September mid-crop, farmers said on Monday. Scarce showers during the dry season, which runs from November to late February, are crucial for cocoa crops
On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3676. The traded value of Metals, Energy and COTS/FX was recorded at PKR 3.427 billion and the number of lots traded 4,726. Major business was contributed by WTI crude oil P
Russian wheat export prices fell last week, tracking a decline in US wheat futures to multi-month lows on indications of declining prices on the global export market, analysts said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein co
Australia's wheat production fell to an 11-year low during the 2018/19 season, the country's chief commodity forecaster said on Tuesday, after an east coast drought wilted crops in the world's No. 4 exporter. Output totalled 17.3 million tonnes, down from
Chinese coal traders are halting purchases of Australian coal and coking coal as clearing times through China's customs have at least doubled to 40 days or more, four traders at major buyers told Reuters on Monday. The traders said only cargoes from Austr
The Karachi Port handled 122,584 tonnes of cargo comprising 75,382 tonnes of import cargo and 47,202 tonnes of export cargo including 2,881 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargos of 75
Prices moved higher on the cotton market on Tuesday as mills lay hands on fine quality amid rising concerns about imports of cotton in the near future, dealers said. The official spot rate was unchanged at Rs 8,600, they added. In the ready session, about
Traders in Vietnam are struggling to buy coffee beans from local farmers as domestic prices have remained low while inventories have begun to decline. "Farmers are not facing pressure to sell more of their beans now that Tet (Lunar New Year holiday) is ov
US-backed forces Tuesday said they were trying to evacuate civilians from the Islamic State group's last dreg of territory in Syria and warned jihadists to surrender or face death. Jihadists defending the last scrap of their "caliphate" in eastern Syria w
The known Universe just got a lot bigger. A new map of the night sky published Tuesday charts hundreds of thousands of previously unknown galaxies discovered using a telescope that can detect light sources optical instruments cannot see. The international
A Tanzanian court on Tuesday sentenced a Chinese woman dubbed the "Ivory Queen" to 15 years in jail for her role in trafficking tusks from more than 400 elephants.
A suicide bomber detonated an explosive device in the heart of ancient Islamic Cairo, killing three policemen who were chasing him through its narrow alleyways, medical and security sources said on Tuesday. Monday evening's bombing, in the Darb al-Ahmar n
The founder of Chinese telecom giant Huawei has hit back at US efforts to blacklist the company, saying defiantly that the world cannot do without Huawei and its "more advanced" technology. "There's no way the US can crush us," Ren Zhengfei said in an int
Hungary launched a new anti-immigration media campaign on Tuesday in which it accused George Soros and EU Commission chief Jean-Claude Juncker of allegedly supporting illegal migration, but which Brussels immediately dismissed as "fake news".
Two Indian Air Force jets practising for an aerobatic display collided in midair Tuesday killing one of the pilots, officials said. Witnesses told how the aircraft spiralled out of control after hitting each other and crashed near a residential area outsi
Venezuela's armed forces said Tuesday they were on "alert" for border violations following threats by US President Donald Trump who urged them to back opposition leader Juan Guaido. "The armed forces will remain deployed and on alert along the borders...
Japan's foreign minister on Tuesday declared his country's support for Venezuelan opposition leader Juan Guaido, who has declared himself interim president in a challenge to ruling leader Nicolas Maduro.
Denmark's largest lender Danske Bank said Tuesday it would follow the Estonian banking watchdog FSA's order to shut its Estonian branch within eight months, after a money laundering scandal. The bank also announced it was closing its operations in Latvia,
Senator Bernie Sanders launched his second bid for the White House on Tuesday, taking direct aim at Donald Trump in an announcement that called the incumbent a "racisst" and a "pathological liar. Sanders, 77, joins an already crowded field of candidates v
House Speaker Nancy Pelosi sought Tuesday to reassure Europeans that there is broad-based and long-term US support for the transatlantic alliance despite President Donald Trump's harsh criticism. In an implicit message the Republican president is not omni
Federal Minister for Power Omar Ayub Khan has said that the present government is working on number of initiatives to generate indigenous, reliable and affordable electricity through different means to meet ever-growing energy needs of the country. While
The Central Development Working Party (CDWP) has approved four projects worth Rs 806.202 million and referred two projects valuing Rs 7.404 billion to Executive Committee of National Economic Council (ECNEC) for further approval.
Fauji Cement Company Limited (PSX: FCCL) is operating in the north zone of the cement industry, supplying cement to domestic markets in the north as well as exporting markets including Sri Lanka, India, Afghanistan, South Africa, and the MENA region. The
Fauji Cement Company Limited (PSX: FCCL) is operating in the north zone of the cement industry, supplying cement to domestic markets in the north as well as exporting markets including Sri Lanka, India, Afghanistan, South Africa, and the MENA region. The
Zameen.com, Pakistan's largest property portal, presented business connect event in Karachi under their Zameen Affiliates Programme. It took place on the 8th of February at a local hotel. 158 agents attended the event.
On his fifth day at Jinnah Hospital, former Prime Minister Nawaz Sharif underwent different medical tests again while his daughter Maryam Nawaz, brother Shahbaz Sharif and others visited him on Tuesday to enquire about his health.
Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan) and Naseeb Networks, the parent body of Rozee.pk have launched Campus Career Portal to collaborate with each other and to promote industry-academia linkages to prepare management acc
L'Oréal announced that it ranks No 1 worldwide across all industries in the Covalence EthicalQuote reputation index. This ranking covers the world's 581 largest listed companies. It reflects the perception of stakeholders, media and companies' communicati
Punjab Chief Minister Sardar Usman Buzdar has stressed for further mutual cooperation in trade and economic sectors between Pakistan and Turkey, and added that time has come to expand the trade-volume between the two countries.
Cheetay.pk has announced to launch a new and improved website and a multi-category mobile app. "Like I always say, it is imperative to strive for change and to be cognizant of what you have to do in order to stay one step ahead of the competition. We've b
President Sialkot Chamber of Commerce and Industry (SCCI), Khawaja Masood Akhtar has lauded the decision of the government for setting up Special Economic Zone (SEZ) along the Sialkot-Lahore motorway.
It is only due to the charismatic personality of Prime Minister Imran Khan that Crown Prince Muhammad Bin Salman has termed himself as the ambassador of Pakistan in Saudi Arabia. "It is an unprecedented tribute ever paid to Pakistan," said Syed Zia Alumda
The Punjab chief minister Sardar Usman Buzdar on Tuesday directed the provincial departments to strictly implement austerity measures and also ensure transparency in financial matters. "The government departments should maintain financial discipline," he
The Pakistan Industrial and Traders Associations Front (PIAF) said that the visit of Saudi Crown Prince Muhammad Bin Salman (MBS) to Pakistan is going to herald a new era of prosperity and economic stability in Pakistan. PIAF Chairman Mian Nauman Kabir sa
Sindh government and Karachi administration have adopted measures to ensure foolproof security for matches of Pakistan Super League (PSL) to be played in this city next month. Karachi Commissioner Iftikhar Shilwani said this at a joint press conference wi
Sindh government and Karachi administration have adopted measures to ensure foolproof security for matches of Pakistan Super League (PSL) to be played in this city next month. Karachi Commissioner Iftikhar Shilwani said this at a joint press conference wi
Pakistan Peoples Party (PPP) has expressed disappointment over the rejection of review petitions in fake bank accounts case and called for an early determination of the limits of suo motu powers of the Supreme Court. Secretary General Pakistan Peoples Par
Turkish Consul General Tolga Ucak has announced that President Recep Tayyip Erdogan will visit Pakistan next month. "President Erdogan will formally make investment-related announcement during the visit," he said this at B2B meetings between Turkish and P
The Islamabad High Court (IHC) Tuesday reserved judgement on the petition of social worker Gulalai Ismail, who is seeking removal of her name from the Exit Control List (ECL). A single bench of IHC comprising Justice Aamer Farooq heard the petition moved
All customs houses and stations would be linked with WeBOC and other latest system in order to facilitate tax payers and business community in the remote and far flung areas of Balochistan, says Jawad Awais Agha, Member Customs during his visit to Quetta.
Pakistan Mortgage Refinance Company Limited (PMRC) has signed Master Refinance Agreement with House Building Finance Company Limited (HBFC) in a ceremony held at State Bank of Pakistan here. Under this agreement PMRC will provide long term fixed rate fund
About 20 million or around 17 percent children were reported to be out of school in 2018 compared to 19 percent during 2016, says the Annual Status of Education Report (ASER) 2018. The 83 percent children between the age of 6 to 16 years are enrolled in s
A parliamentary panel while condemning Indian threats to Pakistan following Pulwama incident has said that India will get befitting response from Pakistan for any misadventure. The Senate Standing Committee on Kashmir Affairs and Gilgit-Baltistan (GB), wh
Commissioner Hyderabad Division Abbas Baloch has directed to all concerned departments to jointly work for controlling typhoid and set up medical camps for vaccination against typhoid in Hyd district.
Pakistan Telecommunication Company Limited (PTCL) pledges to support top startups being incubated at National Incubation Center (NIC) Karachi. A delegation of PTCL's higher management visited NIC Karachi located at the NED University.
Japan has announced grant aid of US $10.6 million in three projects to fight malnutrition, improve livelihood and increase resilience to natural disasters in Khyber Pakhtunkhwa, Sindh and Balochistan provinces of Pakistan. The government of Japan signed p
The Provincial Development Working Party (PDWP) meeting held under the chairmanship of Dr Shahzad Khan Bangash, Additional Chief Secretary Khyber Pakhtunkhwa on Tuesday.