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
ICE Canadian canola futures climbed on Thursday, ending a five-day skid, lifted by a surge in US soya prices. Canola's gains lagged those of soyabeans, however, amid concerns about China slowing imports of Canadian canola due to a diplomatic dispute, a tr
Chicago Board of Trade soyabean futures rebounded on Thursday as shorts took cover and federal officials predicted US farmers would plant fewer soyabean acres than expected this spring. Thursday's technical bounce in wheat also helped soyabean and corn fu
On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,718. The traded value of Metals, Energy and COTS/FX was recorded at PKR 11.552 billion and the number of lots traded 13,454.
European wheat futures rose on Thursday, pulling away from a seven-month low struck in the previous session and supported by a rebound in Chicago and a large sale of French wheat to Egypt. May milling wheat, the most active contract on Paris-based Euronex
Chicago wheat futures rebounded on Thursday after a four-day slide, while the grains market overall steadied as US and China trade negotiators sketched an outline for what could be a deal to end the trade war. Chicago Board of Trade's March soft red winte
China's coking coal futures rose to their highest in six sessions on Thursday, with a mine accident in Queensland and import curbs on Australian coal fuelling worries about supply of the steel-making raw material. The most traded coking coal contract on t
The Karachi Port handled 156,958 tonnes of cargo comprising 84,836 tonnes of import cargo and 72,122 tonnes of export cargo including 10,786 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargos of 84
Mills' interest in local cotton buying pushed the volume of business higher on the domestic market on Friday, dealers said. The official spot rate was unchanged at Rs 8,500, they added. In the ready session, about 12000 bales of cotton changed hands betwe
Asia's gasoline crack returned to positive territory for the first time since Feb. 11, supported by demand from Indonesia. Indonesia's state-owned Pertamina has been seeking gasoline through tenders that traders said were additional demand. It was looking
Australian shares ended higher on Friday as a signal from the central bank that the next move in interest rates could be well be an increase helped financial stocks notch a second day of gains, offsetting declines in commodity-backed shares. The S&P/ASX 2
Tokyo stocks closed lower on Friday, snapping a four-day winning streak as investors waited to see how US-China trade talks will develop. The benchmark Nikkei 225 index slipped 0.18 percent or 38.72 points to 21,425.51. Over the week, it rose 2.51 percent
US stocks rose on Friday, as technology shares were boosted by signs of progress in the ongoing trade talks between the United States and China. Top trade negotiators from the two countries met to wrap up a week of talks on some of the thorniest issues in
Weak economic reports pressured US stocks on Thursday after the market's recent run of gains, and a drop in healthcare shares added to the bearish momentum. The Commerce Department said new orders for key US-made capital goods unexpectedly fell in Decembe
Chinese stocks climbed on Friday to post their best weekly gains in years, led by gains in brokerage firms, amid hopes of a Sino-US trade deal before the March 1 deadline, after which the United States plans to hike tariffs on Chinese goods. The blue-chip
Hong Kong stocks closed higher on Friday, with investors hopeful that China and the United States will soon reach deal to resolve their trade disputes. The Hang Seng index ended up 0.7 percent at 28,816.30, while the China Enterprises Index gained 1.1 per
Treasury bond yields rose on Thursday on news of progress in US-China trade talks and as soft US economic data was attributed to the abnormal factors of a federal government shutdown and the trade war. Thursday's US data reports showed declining business
Treasury bond yields rose on Thursday on news of progress in US-China trade talks and as soft US economic data was attributed to the abnormal factors of a federal government shutdown and the trade war. Thursday's US data reports showed declining business
Indian shares ended largely flat on Friday triggered by a worsening global growth outlook, and as losses in financial stocks such as Kotak Mahindra Bank Ltd offset gains in Maruti Suzuki India Ltd. The broader NSE index closed flat at 10,791.65, while the
Europe's main share benchmarks rose marginally on Friday but company results including Sweden's Elekta and France's Sopra Steria drove big swings in stocks as investors awaited news from crucial US-China trade talks. The STOXX 600 and Germany's DAX were u
Thailand recovered early losses to rise the most across Southeast Asian stock markets on Friday, boosted by gains in consumer and energy counters, while Indonesia was the worst hit.
Strength in miners on growing optimism over global trade talks helped Britain's FTSE 100 inch higher and bid news lifted Dairy Crest and Provident Financial among mid-caps on Friday, while online trading platforms slumped after CMC's surprise revenue aler
Confidence among business leaders in Germany fell for the sixth month in a row in February, a closely-watched survey showed Friday, as global trade struggles cast a pall over Europe's powerhouse economy. The Munich-based Ifo institute's business confidenc
German auto giants BMW and Daimler said Friday they would invest one billion euros ($1.1 billion) in combining and extending their carsharing schemes DriveNow and Car2Go, in future offering a slew of "mobility services", including for electric cars. "We a
Growth in China's home prices eased to a nine-month low in January in a further sign that the slowing economy is weighing on consumer confidence. Weakening price gains point to strains on China's massive property sector and raise questions over whether mo
Zimbabwe started Friday to trade its new currency, the RTGS dollar, two days after the central bank announced measures to try and resolve a chronic monetary crisis. On Wednesday, the bank unveiled a foreign exchange trading system that effectively devalue
A political crisis in Sri Lanka last year led to the slowest economic expansion in 17 years, the central bank said Friday. Growth for 2018 was cut from a forecast above 5.0 percent to about 3.0 percent because of damage to the economy from a conflict betw
The European Commission said Friday it would lift the ceiling on aid EU member states can pay out to their farmers wwithout special authorisation The limit on the sum governments will be able pay out per farmer in times of crisis will rise to 25,000 euros
The UN food agency on Friday warned about the threat to the future of the world's food production from a lack of biodiversity in the environment. In a report, the first of its kind by the Food and Agriculture Organization (FAO), it said there was "mountin
France and Germany have agreed a detailed proposal for a eurozone budget to boost growth, strengthen competitiveness and lower the development gap between individual member states, a German government document showed on Friday. The Franco-German accord is
Three French staff members of a Shanghai bakery chain received suspended jail terms of up to three years after being found guilty by a Chinese court of using flour that was past its expiry date. The French nationals and several Chinese staff were arrested
Europe could target American coal, cars and chemicals and firms like Caterpillar and Xerox if Washington imposes a threatened tariff on autos, a trade talks source told AFP Friday. European officials are drawing up a list representing 20 billion euros ($2
International Hamza Niaz of Pakistan Air Force (PAF) clinched the trophy after defeating Huzaifa Zahid, also from PAF in the final of the National Junior Under-15 Squash Championship played here at PAF Hashim Khan Squash Complex on Friday.
Foreign polo players, who are here to take part in the high-goal season of Pakistan Polo, have said that they are enjoying their tour to Pakistan as well as level of its polo, which has been improving gradually. Talking to media here at Lahore Polo Club,
South Africa and Sri Lanka were locked in a tense, low-scoring battle at the end of the second day of the second Test at St George's Park on Friday. Needing 197 runs to achieve an historic series win, Sri Lanka were 60 for two at the close. It was an extr
OLX, which is Pakistan's No.1 online marketplace has joined hands with Multan Sultans, the flagship brand of PSL. Bilal Bajwa, CEO, OLX Pakistan and Ali Tareen, Director, Multan Sultan signed an MoU to partner together. OLX will be the digital brand spons
A senior Indian Olympic official warned Friday that the country faced isolation after it was effectively barred from hosting Olympic-related events for refusing visas to Pakistani shooters. The International Olympic Committee said it had frozen talks over
India on Friday demanded "robust" security for its players and fans at this year's cricket World Cup in England, but pulled back from a boycott of its match against Pakistan despite escalating tensions. Calls have been made in India for the country to pul
Higher US bond yields underpinned the dollar on Friday, while its Australian counterpart steadied after its recent sharp slide on upbeat central bank comments and easing concerns about China's ban on Australian coal imports. The dollar index against a bas
The euro dipped on Friday after a survey showed German business morale fell for the sixth month in a row, while the Australian dollar rebounded after China denied it had banned imports of the country's coal. Weak data since January has undermined support
The dollar was little changed to slightly lower against most other currencies on Friday, with investors mostly inclined to take on riskier assets on a day devoid of major US economic data. The greenback so far this week has fallen 0.3 percent, after gaini
The dollar on Thursday recovered from earlier losses spurred by soft US economic data, as investors consolidated positions and looked for fresh trading incentives amid US-China trade negotiations and talks related to Britain's exit from the European Union
The Australian dollar licked its wounds on Friday amid concerns the country's lucrative exports of coal to China were under threat, though policy makers and analysts played down the danger. The Aussie huddled at $0.7092 and was down 0.6 percent for the we
Most Asian currencies dropped on Friday as a run of data around the world heightened concerns over a slowing global economy in a blow to investor risk appetite. Recent manufacturing sector surveys in the United States, Europe and Japan predicted a contrac
South Africa's rand strengthened against the dollar on Friday, putting it on track to end a week marked by the annual budget higher, after Moody's signalled the nation's spending plans did not weaken its policy credibility. Stocks rose, with Truworths Int
Sterling bobbed around the $1.30 mark on Friday but was set to snap a three-week losing streak as investors waited to see if last-minute talks between the United Kingdom and the European Union can yield tweaks to the Brexit withdrawal agreement.
Russia on Friday accused the United States of using aid deliveries to Venezuela as a ploy to carry out military action against President Nicolas Maduro's government. "A dangerous provocation, instigated and led by Washington, is planned for February 23,"
Thousands of people, many waving Venezuelan flags, flocked to the Venezuela-Colombia border Friday for a charity concert to push for humanitarian aid deliveries in defiance of a blockade by the government of President Nicolas Maduro. Humanitarian aid has
A ninth lawmaker quit Britain's main opposition Labour Party on Friday, blaming leader Jeremy Corbyn's handling of accusations of anti-Semitism within its ranks. Ian Austin's resignation adds to a mounting rebellion against Corbyn after the defections ear
Teju Bai walked for a month to join a rally in India's capital by thousands of sexual assault survivors who came together in public for the first time to demand justice. Bai's daughter-in-law was raped last year. The young woman has been shamed and remain
Twenty-five members of a tribe of Indian tea-pickers, including 15 women, died within hours of drinking poisoned alcohol, police said Friday. The deaths in the northeastern state of Assam came less than two weeks after tainted liquor killed about 100 peop
A news report Friday said many smartphone apps were sending highly personal information such as menstrual cycles and body weight to Facebook, without notifying users. The Wall Street Journal report based on its own in-house tests showed that intimate data
French armed forces have killed a top jihadist leader in an air and ground ambush in Mali, the government said on Friday, ending a years-long hunt for a man accused of masterminding the kidnapping of Westerners in the Sahel region.
Meghan Markle drew fresh scorn from British media this week after celebrating the imminent arrival of her first baby with what they described as an "extravagant" trip to New York in a private jet. The Duchess of Sussex, due to give birth in the spring, re
US-backed fighters trucked out civilians from the last speck of the Islamic State group's dying "caliphate" in Syria on Friday, eager to press on with the battle to crush the jihadists. More than four years after IS overran large parts of Syria and neighb
The Philippines on Friday handed over the reins of a new Muslim-led territory to rebel leaders who waged a decades-long fight for autonomy, but are now tasked with securing peace and prosperity. President Rodrigo Duterte personally swore in Murad Ebrahim,
A Mozambican worker was killed and six others were wounded when two road convoys operated by US gas giant Anadarko came under attack in northern Mozambique, an area grappling with jihadist violence, the company said Friday. The convoys were targeted Thurs
Iran has been adhering to a deal with world powers limiting its nuclear programme, the UN atomic watchdog said Friday, as diplomatic wrangling continues over the future of the accord. The latest report from the International Atomic Energy Agency confirmed
Night flights operation at Bacha Khan International Airport (BKIA) Peshawar formally resumed, while two flights of Pakistan International Airlines (PIA) for Al-Ain and Sharjah (UAE) departed from the Peshawar Airport.
The Embassy of the Republic of Azerbaijan in collaboration with the National University of Sciences and Technology (NUST) organized a seminar on "Conflicts, Genocides, Wars - Never again. Peace and Stability through Credibility" at NUST H-12 Campus, Islam
Pashto CTD dramas artist and stage dancer Lubna (aka Gulalai) has been killed after torture, Mardan police said here on Friday. According to police, Gulalai's mutilated dead body was found dumped in the nearby fields in the vicinity of Chora police statio
The Oil & Gas Development Company Limited (OGDCL) Board of Directors (BoD) meeting held Friday announced the financial results for the second quarter ended 31st December, 2018. The company's net sales revenue increased to Rs 126.897 billion compared to Rs
Oil and Gas Development Company Limited (OGDCL) is the top corporate taxpayer of the country; paid highest tax. Prime Minister of Pakistan Imran Khan, acknowledging OGDCL's commitment towards national building, gave appreciation certificate to Zahid Mir M
Pakhtun Cultural Association (PCA) organised a literary reference and Pashto musical evening in connection with International Mother Language Day titled "Da Rangoono Makham" (colourful evening).
Pakistan Tehreek-e-Insaf's (PTI) Jahangir Khan Tareen remained the highest taxpayer for the second consecutive year among the parliamentarians by paying Rs 97,317,272 in taxes followed by Senator Talha Mehmood of Jamiat Ulema-e-Islam-Fazl (JUI-F) who paid