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
Asia's gasoline crack extended gains to reach 64 cents a barrel premium to Brent crude, highest since January 8 as firm demand from Indonesia provided support. Indonesia is Asia's top gasoline importer as its refining capacity is insufficient to meet dema
Argentina's soya crop is in mostly good condition with recent hot, dry weather helping to stabilize flooded areas, keeping the country on track for a 53-million-tonne harvest, the Buenos Aires Grains Exchange said on Thursday. "More than half of the area
Rice export markets in India and Thailand were pressured this week by slack demand as harvests poured in, continuing a slow trend in top Asian hubs this year, while Vietnam struggled with a growing stockpile exacerbated by Chinese import restrictions. In
Vietnamese farmers held back from selling coffee beans this week due to low prices after harvest ended last month, while trading in Indonesia remained muted due to a lack of supply. Farmers in the Central Highlands, Vietnam's largest coffee growing area,
Physical gold demand in Japan slackened this week as prices rallied, while a market correction towards the latter half of the week lured some buyers back in India and Singapore. In Japan, the metal was sold at a discount of about 75 cents to the global be
Unseasonably mild weather in Europe has allowed a swift start to spring barley sowing, reinforcing the prospect of a rebound in production after a drought-hit EU barley harvest last year. In France, the European Union's largest grain producer, farmers had
Prices tended higher on the local cotton market on Monday in the process of slow trading, dealers said. The official spot rate appreciated by Rs 100 to Rs 8,600, they added. In the ready session, about 3000 bales of cotton changed hands between Rs 8600-88
The world's top producers of natural rubber said in a joint statement on Friday they will curb exports by up to 300,000 tonnes in a bid to prop up global prices for the commodity. The curb, formally known as the Agreed Export Tonnage Scheme (AETS), was an
On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,728. The traded value of Metals, Energy and COTS/FX was recorded at PKR 8.468 billion and the number of lots traded 10,302.
China has allowed imports of corn and barley from Uruguay starting this month, two separate notices from the General Administration of Customs said on Tuesday. Barley from Uruguay that meets quarantine requirements can be imported from Feb. 15, the first
Northwest European gasoline refining margins rose on Thursday after stocks in northwest Europe and the United States posted large declines. Gasoline stocks in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell in the week to Thursday by o
Euronext wheat futures ended flat to higher on Friday, with front-month prices buoyed by larger-than-expected US export sales, while further out positions were more subdued. May milling wheat, the most active contract on Paris-based Euronext, settled unch
China's benchmark iron ore futures ticked higher in volatile trade on Friday, but posted their first weekly loss this year as demand for the steel-making raw material remained weak, despite concerns over supply. The most-active iron ore contract, for May
The Karachi Port handled 196,309 tonnes of cargo comprising 109,812 tonnes of import cargo and 86,497 tonnes of export cargo including 6,094 loaded and empty containers during the last 24 hours ending at 0700 hours on Monday. The total import cargos of 10
ICE Canadian canola futures dipped on Friday for the sixth time in seven sessions, pressured by technical selling and strength in the Canadian dollar. March canola lost $1.10 to $473.70 per tonne. Most-active May canola shed $1.50 to $481.40 per tonne. Ma
Chicago Board of Trade corn futures ended mixed on Friday as traders awaited news on trade talks between Washington and Beijing that could accelerate Chinese imports of US farm goods. CBOT March corn sagged 1/4 cent to $3.75-1/4 per bushel. May corn rose
Chicago Board of Trade soyabean futures slipped on Friday on technical selling and amid concerns about competition for export business on the global market. CBOT March soyabeans closed the day down 3/4 cent at $9.10-1/4 per bushel. CBOT March soyameal fel
Chicago Board of Trade wheat futures settled near unchanged on Friday as uncertainty over US-China trade talks fueled choppy trading in agricultural markets. CBOT March soft red winter wheat rose 1/4 cent to $4.86-3/4 a bushel. The most active May contrac
Dubai stocks rose to a more than 2-month high on Sunday after falling in the previous session, helped by strong gains in property stocks, while financials weighed on both the Saudi and Qatari markets.
Italian government bonds outperformed the broader euro zone market on Monday, with yields dropping by as much as 12 basis points after Fitch affirmed Italy's credit rating at BBB. President Donald Trump's delaying of an increase in US tariffs on Chinese g
Italian government bonds outperformed the broader euro zone market on Monday, with yields dropping by as much as 12 basis points after Fitch affirmed Italy's credit rating at BBB. President Donald Trump's delaying of an increase in US tariffs on Chinese g
Tokyo stocks gained moderately on Monday, supported by optimism over a US-China trade deal. The benchmark Nikkei 225 index rose 0.48 percent, or 102.72 points, to close at 21,528.23 while the broader Topix index was up 0.71 percent, or 11.35 points, at 1,
US stocks rose on Monday, boosted by technology and industrial companies, after President Donald Trump said he would delay a planned hike in tariffs on Chinese imports and that he was "very, very close" on a trade deal. Trump said on Monday he was optimis
Sri Lankan shares and the rupee closed weaker on Monday, with investors awaiting cues from next week's budget and the outcome of talks between government authorities and the IMF, market source said. The Colombo Stock Exchange index closed lower for a sixt
Southeast Asian stock markets rose on Monday, in line with broader Asia, after US President Donald Trump said he would delay a planned tariff hike on Chinese goods following "productive" trade negotiations. Trump tweeted on Sunday that he would push back
Chinese stocks posted their biggest single-day gains in more than three years on Monday after US President Donald Trump said he would delay an increase in tariffs on Chinese goods thanks to "productive" trade talks.
Indian shares followed their Asian peers higher after US President Donald Trump confirmed he would delay a planned tariff increase on Chinese imports, allaying fears around global growth. Asian shares scaled a 5-month peak as talks between Washington and
US President Donald Trump's decision to delay an increase in tariffs on Chinese goods drove European shares to their highest since October as carmakers and mining companies rallied.
Australian shares ended higher on Monday, with resource stocks in favour after US President Donald Trump announced a delay in planned tariff hikes on Chinese goods due to progress made in trade negotiations, although weaker utilities capped gains. The S&P
London's blue-chip index squeezed out gains on Monday as banks got a boost from comments about a possible Brexit delay, while housebuilders were hit by reports the government was worried about Persimmon's handling of a state house-funding scheme. The FTSE
Almost 80 percent of high earners in Britain are male and the gender pay gap among the nation's richest will not close for another 36 years at current rates of progress, a study showed on Monday. Some 79 percent of the 860,000 Britons earning more than 10
European businesses said Monday they fear a Chinese foreign investment law allegedly fast-tracked by Beijing to meet Washington's demands on trade has inadequate protections against forced technology transfers.
US President Donald Trump said Monday he expects to hold a "signing summit" with China's President Xi Jinping to seal a trade deal, since negotiators "very, very close" to an agreement.
The world's largest Nutella factory restarted production on Monday after it stopped work for five days as a precautionary measure over a "quality defect", owner Ferrero's French branch said. The factory in Normandy, France stopped making the chocolate-and
German prosecutors said Monday they had fined high-end carmaker BMW 8.5 million euros ($9.6 million) over diesel cars with higher harmful emissions than allowed, while adding the infraction was down to error rather than deliberate fraud. "Munich prosecuto
Canadian miner Barrick Gold on Monday launched a nearly $18 billion hostile merger offer for American rival Newmont to create a global gold juggernaut.
Britain and the United States agreed Monday to maintain how multi-trillion dollar financial transactions are carried out between the two countries after Brexit, aiming to avoid market uncertainty when the UK leaves the EU. "Market participants can be assu
General Electric announced Monday it will sell its Biopharma unit to Danaher for $21.4 billion in cash as it reduces debt amid an ongoing corporate turnaround effort.
Record levels of corporate borrowing could become a risk for the world economy if slowing growth prevents companies from redeeming their maturing bonds over the next few years, the OECD warned on Monday.
US wholesale inventories increased by the most in more than five years in December as sales fell for a third straight month, suggesting an unintended piling up of goods at wholesalers that could be flagging a slowdown in demand.
Major banks are still not ready for a 'no-deal' Brexit as they grapple with delays in licences for new European Union businesses, staffing problems and snags in redrafting contracts.
Karen Khachanov and Milos Raonic suffered surprise first-round exits at the Dubai Championships on Monday as the event prepared for the return of Roger Federer. Georgian Nikoloz Basilashvili stunned Russian fourth seed Karen Khachanov 6-4, 6-1, while worl
The rise of Afghan cricket is one of the great sporting fairy-tales and it is showing no signs of ending after their record-breaking Twenty20 series sweep over Ireland. Spin king Rashid Khan became the first bowler to take four wickets in four balls in a
The International Steels Limited National Open Polo Championship for the Quaid-e-Azam Gold Cup 2019 will stroll into action here at Lahore Polo Club ground from Tuesday (today). Lahore Polo Club (LPC) President Malik Atif Yar Tiwana and International Stee
AB de Villiers has signed to play for English county side Middlesex in the Twenty20 Blast, the club announced on Monday. The South African batsman is a second significant marquee signing for head coach Stuart Law, following the announcement that Afghan sp
A controversial Australian newspaper cartoon of Serena Williams which was blasted as racist and sexist did not breach media standards, the country's press watchdog ruled Monday. Melbourne Herald-Sun illustrator Mark Knight's caricature in September showed
Manchester City retained the League Cup by edging Chelsea 4-3 on penalties on Sunday after an incredible bust-up between Chelsea boss Maurizio Sarri and goalkeeper Kepa Arrizabalaga. The Italian tried to replace the world's most expensive player towards t
The sale of tickets for five matches at Karachi and three matches at Lahore for the fourth edition of Pakistan Super League (PSL) has been started at 55 designated TCS Express Centres across the country. The tickets for the eliminator and the qualifier ra
The US government has recovered stolen bitcoin worth around $110,000 and returned it to cryptocurrency exchange Bitfinex, the company said on Monday, a fraction of the total stolen but a rare example of law enforcement successfully recovering stolen crypt
The Aussie dollar and the Chinese yuan rose on Monday after US President Donald Trump said he will delay an increase in tariffs on Chinese goods, citing "productive" trade talks, and that he and Chinese President Xi Jinping would hold a summit to seal a d
The safe-haven dollar and yen slipped on Monday as risk appetite increased after US President Donald Trump said he would delay a planned hike in tariffs on Chinese imports, suggesting trade negotiations between the two countries have made significant prog
China's yuan touched a seven-month high and the commodity-linked Australian and New Zealand dollars gained on Monday after US President Donald Trump confirmed he would delay a planned hike in tariffs on Chinese imports. Trump said on Sunday that he would
The Australian dollar started the week on a firm footing, helped by improved risk sentiment across Asian markets on hopes the United States and China will soon resolve their trade war, while the New Zealand currency was boosted by solid economic data. Sup
Asian currencies firmed on Monday after US President Donald Trump delayed increasing tariffs on $200 million of imports from China after "productive" trade negotiations, which boosted risk appetites. Early on Monday, the yuan rose as much as 0.6 percent o
Zimbabwe's new currency will be backed up with fiscal discipline, Finance Minister Mthuli Ncube said on Monday, adding that the government would allow the RTGS dollar to fluctuate but would manage excessive volatility. Ncube spoke to Reuters as the centra
Sterling edged higher on Monday while derivative markets braced for a rocky ride as traders considered whether the British government might delay Brexit if Prime Minister Theresa May fails to secure support in parliament for her withdrawal deal. Britain's
The Sindh Cabinet on Monday decided to bring the remuneration of the doctors of Sindh government at par with the salaries of Punjab's doctors which required additional Rs 5.6 billion per annum. However, the cabinet also decided that there would be appropr
The Senate on Monday dropped OIC's appreciation out of a resolution on post-Pulwama attack developments for its invitation to India to attend OIC Foreign Ministers' Conclave to be held in the UAE next week. The objection over joint resolution's text was r
Residents of Landi Kotal on Monday held a protest demonstration against India for threatening Pakistan after Pulwama attack. Activists of political parties, transporters and members of civil society organizations participated in the protest. Carrying nati
Two workers of the Tehsil Municipal Committee (TMA) were killed when unknown armed men opened firing in Islamia Colony area of Dera Ismail Khan, police source informed here on Monday. According to police sources, unknown armed men opened indiscriminate fi
Federal Minister for Ports and Shipping Ali Zaidi on Monday said Singapore's investors have pledged their confidence into the Pakistan Tehreek-e-Insaf (PTI) led federal government.
Oxford University Press (OUP) Managing Director (MD) Arshad Saeed Husain has said that size of publishing industry in Pakistan has potential to grow up to Rs 32 billion in next five years if piracy of books is checked. "Presently, it is rupees 16 billion
The Punjab chief minister Sardar Usman Buzdar has sought a report about the collision of metro buses near Gajumata in Lahore. He has directed the Punjab Mass Transit Authority to submit a comprehensive report and action be initiated after identification o
Karandaaz Pakistan under its third round of Innovation Challenge Fund (ICF) has signed an agreement with the Allied Bank Limited (ABL) to support the bank for developing an innovative, cash-flow based, credit scoring model for small and medium enterprises
Karandaaz Pakistan under its third round of Innovation Challenge Fund (ICF) has signed an agreement with the Allied Bank Limited (ABL) to support the bank for developing an innovative, cash-flow based, credit scoring model for small and medium enterprises
Pakistan's leading oil company, Byco Petroleum Pakistan Ltd. (BPPL), on Monday announced financial results for the six months ending on 31 December 2018. The Company's gross sales increased by an impressive 52 percent during the first half of the fiscal y
Pakistan's leading oil company, Byco Petroleum Pakistan Ltd. (BPPL), on Monday announced financial results for the six months ending on 31 December 2018. The Company's gross sales increased by an impressive 52 percent during the first half of the fiscal y
Ministry of Commerce and local ghee and cooking oil industry on Monday discussed issues of imposition of duties and taxes on import of soyabean oil, duty and tax remission for export (DTRE) scheme and harmonization of standards under World Trade Organizat
Ministry of Commerce and local ghee and cooking oil industry on Monday discussed issues of imposition of duties and taxes on import of soyabean oil, duty and tax remission for export (DTRE) scheme and harmonization of standards under World Trade Organizat
The government is likely to constitute a tariff rationalisation committee for comprehensive changes in customs tariff on the import of raw materials, inputs, intermediary goods and finished products used by local manufacturing industries and sectors. Sour
Polling for the vacant seat of Khyber Pakhtunkhwa Assembly PK-30, Mansehra-I will be held on Tuesday (today). As per the Election Commission of Pakistan, polling will begin at 8.00 am and will remain continue till 5:00 pm without any break.
Security Papers Limited (PSX: SPL) is a manufacturer of banknote paper and other security papers including prize bonds, saving certificates, non-judicial stamp paper, certificate paper for educational boards and degree paper for universities. SPL was esta
Security Papers Limited (PSX: SPL) is a manufacturer of banknote paper and other security papers including prize bonds, saving certificates, non-judicial stamp paper, certificate paper for educational boards and degree paper for universities. SPL was esta