AIRLINK 189.36 Increased By ▲ 1.33 (0.71%)
BOP 11.10 Decreased By ▼ -0.76 (-6.41%)
CNERGY 7.28 Decreased By ▼ -0.26 (-3.45%)
FCCL 36.65 Decreased By ▼ -1.14 (-3.02%)
FFL 14.95 Decreased By ▼ -0.29 (-1.9%)
FLYNG 26.19 Increased By ▲ 0.66 (2.59%)
HUBC 130.89 Increased By ▲ 0.74 (0.57%)
HUMNL 13.47 Decreased By ▼ -0.14 (-1.03%)
KEL 4.28 Decreased By ▼ -0.07 (-1.61%)
KOSM 6.08 Decreased By ▼ -0.09 (-1.46%)
MLCF 45.94 Increased By ▲ 0.26 (0.57%)
OGDC 201.86 Decreased By ▼ -4.57 (-2.21%)
PACE 6.12 Decreased By ▼ -0.26 (-4.08%)
PAEL 38.36 Decreased By ▼ -1.95 (-4.84%)
PIAHCLA 16.73 Decreased By ▼ -0.22 (-1.3%)
PIBTL 7.94 Decreased By ▼ -0.09 (-1.12%)
POWER 9.86 Decreased By ▼ -0.17 (-1.69%)
PPL 173.46 Decreased By ▼ -5.38 (-3.01%)
PRL 34.73 Decreased By ▼ -1.63 (-4.48%)
PTC 23.95 Decreased By ▼ -0.44 (-1.8%)
SEARL 101.74 Decreased By ▼ -1.42 (-1.38%)
SILK 1.07 No Change ▼ 0.00 (0%)
SSGC 32.70 Decreased By ▼ -3.54 (-9.77%)
SYM 17.93 Decreased By ▼ -0.30 (-1.65%)
TELE 8.14 Decreased By ▼ -0.24 (-2.86%)
TPLP 12.02 Decreased By ▼ -0.14 (-1.15%)
TRG 67.40 Increased By ▲ 0.07 (0.1%)
WAVESAPP 11.80 Decreased By ▼ -0.21 (-1.75%)
WTL 1.52 Decreased By ▼ -0.05 (-3.18%)
YOUW 3.90 Increased By ▲ 0.01 (0.26%)
BR100 11,819 Decreased By -87.9 (-0.74%)
BR30 35,000 Decreased By -554.1 (-1.56%)
KSE100 112,085 Decreased By -478.8 (-0.43%)
KSE30 34,946 Decreased By -148 (-0.42%)
Feb 16, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-03-15
PM to visit Bajaur tribal district today

PM to visit Bajaur tribal district today

Prime Minister Imran Khan will visit Bajaur tribal district on Friday (today) to inaugurate several development projects in the district. Sources in the district administration told on Thursday that the Prime Minister will address a public meeting at Baja
Published 15 Mar, 2019 12:00am
RCCI chief urges FBR to bring an end to traders' harassment

RCCI chief urges FBR to bring an end to traders' harassment

The Rawalpindi Chamber of Commerce and Industry (RCCI) president Malik Shahid Saleem has said traders across the board demand an end to harassment under the garb of tax collection. "FBR and income tax staff should treat traders with respect," adding that
Published 15 Mar, 2019 12:00am
Zong 4G, BlueEast announce JV for developing ecosystem for IoT

Zong 4G, BlueEast announce JV for developing ecosystem for IoT

Zong 4G and the largest IoT company of Pakistan BlueEast, a subsidiary of Orient Group of Companies, on Thursday announced joint venture for the development of an ecosystem for Internet of Things (IoT). This partnership will contribute towards innovation
Published 15 Mar, 2019 12:00am
AJK parliamentary team meets Qureshi

AJK parliamentary team meets Qureshi

A 14-member delegation of Parliamentary leaders of Azad Jammu and Kashmir, led by Prime Minister of Azad Jammu and Kashmir, Raja Muhammad Farooq Haider Khan, met the Foreign Minister on Thursday, to discuss the current situation of Indian Occupied Jammu a
Published 15 Mar, 2019 12:00am
Condolence

Condolence

Hameed Haroon, President and Sarmad Ali, Secretary General, APNS on behalf of the Office Bearers and members of the Society have expressed profound grief over the sad demise of veteran legislator, Kazi Muhammad Azam. The deceased was younger brother of ve
Published 15 Mar, 2019 12:00am
Brandrth Road traders observe shutter down strike against FBR raids

Brandrth Road traders observe shutter down strike against FBR raids

Almost all Brandrth Road traders on Thursday observed a complete shutter down strike against, what they claim, unwarranted raids by the Federal Board of Revenue (FBR) at their warehouses and shops. Trying to draw attention of Prime Minister Imran Khan and
Published 15 Mar, 2019 12:00am
Punjab government rolls up sleeves to save Ravi from pollution

Punjab government rolls up sleeves to save Ravi from pollution

The Punjab government has decided to save aquifer and River Ravi from further pollution and toxicity. The dual problems of clean water shortage and untreated wastewater overflow have been taken seriously by the government of Punjab to urgently find soluti
Published 15 Mar, 2019 12:00am
Maryam meets her father at Kot Lakhpat jail

Maryam meets her father at Kot Lakhpat jail

Pakistan Muslim League-Nawaz (PML-N) leader, Maryam Nawaz met former Prime Minister, Nawaz Sharif at Kot Lakhpat Jail on Thursday following reports that he was not well.
Published 15 Mar, 2019 12:00am
SSDO signs memo with Punjab PA for MPAs' capacity building

SSDO signs memo with Punjab PA for MPAs' capacity building

Sustainable Social Development Organization (SSDO) signed a memorandum of understanding with Provincial Assembly of Punjab to build the capacity of Members of Punjab Assembly on legislative oversight and reforms on Human Rights, National Action Plan on Co
Published 15 Mar, 2019 12:00am
Laptop scam: 'Complex corruption cases should be investigated by NAB'

Laptop scam: 'Complex corruption cases should be investigated by NAB'

Provincial Minister for Higher Education, Raja Yasir Humayun and Focal Person Punjab, Dr Shahbaz Gill held a press conference in the office of DGPR. While talking to media persons, the minister said that Higher Education Department submitted answers of th
Published 15 Mar, 2019 12:00am
Buzdar inaugurates modern police mobile Khidmat Centre

Buzdar inaugurates modern police mobile Khidmat Centre

Inaugurating the modern police mobile Khidmat Centre at Circuit House Multan, the Punjab Chief Minister Sardar Usman Buzdar on Thursday said that 13 different services, including the issuance of the driving license, will be provided to the citizens at the
Published 15 Mar, 2019 12:00am
First-ever Islamic declaration on climate change inked

First-ever Islamic declaration on climate change inked

With a view to raise awareness among the general public about threats associated with climate change, the first-ever Islamic declaration on climate change was signed at a ceremony held at Governor House Lahore.
Published 15 Mar, 2019 12:00am
CJP shocked over seven-year-long interim bail in murder case

CJP shocked over seven-year-long interim bail in murder case

Chief Justice of Pakistan (CJP) Justice Asif Saeed Khosa on Thursday questioned seven-year long interim bail in a murder case and sought the justification for it. At Karachi Registry, CJP observed this in a petition of an accused Irshad Ali Shah in a doub
Published 15 Mar, 2019 12:00am
PYC, SAU hold seminar on 'Career Counselling'

PYC, SAU hold seminar on 'Career Counselling'

Pakistan Youth Council (PYC) and Sindh Agriculture University (SAU) Tandojam jointly organised a seminar on 'Career Counselling, Public Speaking and Leadership' at SAU, Tandojam. PYC Chairman Ateeq Raja, while addressing to the youth, said the seminar wou
Published 15 Mar, 2019 12:00am
People of Pakistan, India driven by hysterical media: Javed Jabbar

People of Pakistan, India driven by hysterical media: Javed Jabbar

Former Senator Javed Jabbar gave a talk on 'Indi-Pakistan Relations - Future Known and Unknown' at CMC. Jabbar observed that the Pakistan-India relationship is the most complex bilateral relationship. There are no two other nations in the entire world wit
Published 15 Mar, 2019 12:00am
27 consumer courts established across Sindh: adviser

27 consumer courts established across Sindh: adviser

Advisor to Chief Minister Sindh for Information, Law and Anticorruption Barrister Murtaza Wahab has said that the Sindh government has established 27 consumer courts recently throughout the province because the protection of consumers' rights was responsi
Published 15 Mar, 2019 12:00am
Current Plus Account: BAHL offers various free facilities

Current Plus Account: BAHL offers various free facilities

Bank AL Habib Current Plus Account is a current account that meets all business and individual needs. The Account with no minimum balance requirement, offers various free facilities including Personalized Cheque Book, Pay Orders (Banker's Cheques), ATM/De
Published 15 Mar, 2019 12:00am
Construction work around Empress Market begins

Construction work around Empress Market begins

The Mayor Karachi, Waseem Akhtar on Thursday said that development work of the iconic Empress Market has started as the provincial government has released the first instalment of Rs50 million for the very purpose. "Citizens will see a beautiful park just
Published 15 Mar, 2019 12:00am
EOBI pension raised by 20 percent

EOBI pension raised by 20 percent

The present government has honoured its commitment of EOBI Pension and the EOBI Pension rate has been increased by 20 percent effective from September, 2018. The total increase of five billion is shared by EOBI and the Government of Pakistan who has paid
Published 15 Mar, 2019 12:00am
SHC extends Jam Shoro's interim bail

SHC extends Jam Shoro's interim bail

Sindh High Court (SHC) on Thursday extended the interim bail of Jam Khan Shoro, member of Sindh Assembly and former minister of Sindh till March 19, 2019 in inquires of National Accountability Bureau (NAB). A division bench of SHC headed by Chief Justice
Published 15 Mar, 2019 12:00am
AJK leaders vow to expedite efforts for IHK's freedom

AJK leaders vow to expedite efforts for IHK's freedom

The political leadership of Azad Jammu and Kashmir (AJ&K), including ruling and opposition political parties, has reiterated its resolve that no stone will be left unturned on the issue of Kashmir liberation movement, and they are united and would continu
Published 15 Mar, 2019 12:00am
US CG visits PIA head office

US CG visits PIA head office

The US Consulate General JoAnne Wagner visited PIA head office on Wednesday. She was accompanied by senior officials of diplomatic corps of US Consulate. She held useful talks with PIA team led by CEO Air Marshal Arshad Malik.
Published 15 Mar, 2019 12:00am
ZTBL opens first ATM in Mirpurkhas

ZTBL opens first ATM in Mirpurkhas

"We are all well aware of the importance of agriculture in the country's economy and also the agricultural fields role in the country's export. The Bank's installation of 1st ATM in Sindh Province Mirpur Khas Branch is not only a facility for the farmers,
Published 15 Mar, 2019 12:00am
PBC to boycott court today

PBC to boycott court today

Punjab Bar Council (PBC) has announced to boycott the court today (Friday) in the province against new judicial policy that envisaged conclusion of murder trial in four days. The bar also urged Chief Justice of Pakistan to review the new judicial policy.
Published 15 Mar, 2019 12:00am
KP approves sale of 18MW power to Gadoon's industries

KP approves sale of 18MW power to Gadoon's industries

The provincial government of Khyber Pakhtunkhwa has given node to the sale of 18MW electricity generated by Pehur Hydro Power Station to the industrial units of Gadoon Amazai Industrial Estate at wheeling charges.
Published 15 Mar, 2019 12:00am
WB Country Director meets Khusro Bakhtyar

WB Country Director meets Khusro Bakhtyar

Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar has said the incumbent government is committed to undertake structural reforms to accelerate and sustain economic growth adding that corrective measures are being taken in this re
Published 15 Mar, 2019 12:00am
Umar, Khattak meets Qureshi

Umar, Khattak meets Qureshi

Finance Minister Asad Umar and Minister for Defence Pervez Khattak on Thursday met Foreign Minister Shah Mehmood Qureshi and discussed the challenges being faced by the country on economic and defence fronts. According to a statement by Foreign Office, Qu
Published 15 Mar, 2019 12:00am
Metro stations: CDA marks five park & ride plazas for parking

Metro stations: CDA marks five park & ride plazas for parking

The Capital Development Authority (CDA) has marked five park and ride plazas for commuters to park their vehicles near metro stations along the route of the service as well as in commercial hubs of the federal capital. Blue Area, the main commercial hub o
Published 15 Mar, 2019 12:00am
US MIDDAY: gold falls

US MIDDAY: gold falls

Gold fell more than a percent on Thursday, slipping below $1,300 for a second time this month, as fears of a no-deal Brexit faded and the dollar gained versus the pound ahead of a vote to extend the deadline for Britain's exit from the European Union. Spo
Published 15 Mar, 2019 12:00am
US MIDDAY: wheat, corn post sharp gains

US MIDDAY: wheat, corn post sharp gains

US wheat futures rallied on Thursday for the second time in three days, hitting their highest in more than a week as investors scrambled to unwind short positions, traders said. The short squeeze came as the winter wheat crop in the United States has been
Published 15 Mar, 2019 12:00am
Gold dips in Europe
Currency

Gold dips in Europe

Gold fell more than a percent on Thursday, slipping below $1,300 for a second time this month, as fears of a no-deal Brexit faded and the dollar gained versus the pound ahead of a vote to extend the deadline for Britain's exit from the European Union. Spo
Published 15 Mar, 2019 12:00am
Gold prices down in Asia

Gold prices down in Asia

Gold fell on Thursday in Asia as the dollar regained some ground and uncertainty over Brexit eased, but the metal held close to a two-week high hit in the previous session as tepid US inflation data cemented expectations that the Federal Reserve would hol
Published 15 Mar, 2019 12:00am
Palm oil drops for seventh session

Palm oil drops for seventh session

Malaysian palm oil futures fell for a seventh consecutive session on Thursday to a three-month low, as concerns over slowing demand and rising production dragged down the market. There was further pressure on prices as Europeans reduce consumption amid en
Published 15 Mar, 2019 12:00am
Tokyo rubber inches down

Tokyo rubber inches down

Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, inched lower on Thursday as weak data from China raised concerns about a slowdown in the world's biggest rubber buyer. Growth in China's industrial output fe
Published 15 Mar, 2019 12:00am
Oil wavers as Opec pushes supply cut need, demand fears weigh

Oil wavers as Opec pushes supply cut need, demand fears weigh

Oil prices were mixed on Thursday after hitting 2019 highs as Opec stressed the need to extend its production cut program past June while lowering its forecast for crude demand. Uncertainty over the progress of US-China trade talks and global economic gro
Published 15 Mar, 2019 12:00am
Azerbaijan's SOCAR suspends oil transit via Russia to supply BTC

Azerbaijan's SOCAR suspends oil transit via Russia to supply BTC

Azerbaijan's SOCAR has suspended its oil transit through Russia, SOCAR said on Thursday, to divert flows to its own pipeline from the Caspian Sea, which has been grappling with falling exports. SOCAR's pipeline, Baku-Tbilisi-Ceyhan (BTC), has seen exports
Published 15 Mar, 2019 12:00am
Copper drops on weak Chinese data and surge in LME stocks

Copper drops on weak Chinese data and surge in LME stocks

Copper prices dropped on Thursday as industrial output in top metals consumer China fell to a 17-year low in the first two months of 2019, while LME stocks of the metal used in power and construction rose. Other Chinese data showed a mixed picture as the
Published 15 Mar, 2019 12:00am
Cotton futures down 2 percent
Cotton

Cotton futures down 2 percent

ICE cotton futures slipped nearly 2 percent on Thursday, hit by concerns that a trade pact between the United States and China would be delayed, as well as a firmer dollar. The most active cotton contract on ICE Futures US, the May contract, settled down
Published 15 Mar, 2019 12:00am
International donors pledge $7 billion aid for Syria

International donors pledge $7 billion aid for Syria

International donors on Thursday pledged nearly $7 billion in aid for 2019 for civilians caught up in Syria's bloody civil war but the total fell short of what the UN says is needed. EU Humanitarian Commissioner Christos Stylianides announced the total at
Published 15 Mar, 2019 12:00am
Democrat Beto O'Rourke announces run for president

Democrat Beto O'Rourke announces run for president

Upstart Democrat Beto O'Rourke announced Thursday he is running for president, joining a crowded field of candidates vying to challenge Donald Trump in 2020. "The only way for us to live up to the promise of America is to give it our all and to give it fo
Published 15 Mar, 2019 12:00am
Facebook blames server problem for massive outage

Facebook blames server problem for massive outage

Facebook blamed a "server configuration change" Thursday for a massive outage affecting its applications around the world and brought fresh attention to the embattled social networking leader. The outage affected users for some 12 hours in most areas of t
Published 15 Mar, 2019 12:00am
British ex-soldier charged with Northern Ireland Bloody Sunday killings

British ex-soldier charged with Northern Ireland Bloody Sunday killings

A former British soldier was charged with murder on Thursday over the 1972 Bloody Sunday killings, one of the darkest chapters in the Northern Ireland conflict. The ex-paratrooper, identified only as Soldier F, was charged with murdering two people and th
Published 15 Mar, 2019 12:00am
Kenya drops drug charge against British aristocrat's son

Kenya drops drug charge against British aristocrat's son

Kenya's High Court on Thursday dropped charges against a British aristocrat's son accused of smuggling cocaine worth $6 million (5 million euros) into the country. Jack Marrian, a 33-year-old sugar trader, went on trial in November 2016 after seven sacks
Published 15 Mar, 2019 12:00am
South African medics use: 3-D printer for middle ear transplant

South African medics use: 3-D printer for middle ear transplant

South African surgeons have successfully performed the world's first transplant of middle-ear bones that uses 3-D printed components, a research university said. The technique "may be the answer to conductive hearing loss - a middle ear problem caused by
Published 15 Mar, 2019 12:00am
Mumbai bridge collapse kills four

Mumbai bridge collapse kills four

Four people were killed and dozens injured when a footbridge collapsed near Mumbai's main train station on Thursday, the latest accident to highlight creaking infrastructure in India's financial capital. The bridge, which was under repair according to mul
Published 15 Mar, 2019 12:00am
Five dead in Iran gas pipe blast

Five dead in Iran gas pipe blast

Five people were killed and six others wounded in a gas pipeline explosion Thursday near the city of Ahvaz in southwest Iran, state news agency IRNA reported. "The gas pipes blew up about 200 metres (yards) from the road... destroying four vehicles that w
Published 15 Mar, 2019 12:00am
Venezuela accuses US of 'terrorist attack' on oil facility

Venezuela accuses US of 'terrorist attack' on oil facility

Venezuelans resumed work Thursday after a weeklong hiatus forced by an unprecedented nationwide blackout, but President Nicolas Maduro's regime faced fresh problems including a "terrorist attack" on an oil facility. Three storage tanks at the Petro San Fe
Published 15 Mar, 2019 12:00am
All American diplomats have left Venezuela: Pompeo

All American diplomats have left Venezuela: Pompeo

The United States has withdrawn all remaining diplomatic personnel from its embassy in Caracas as the crisis in Venezuela deepens, Secretary of State Mike Pompeo said Thursday. "Today, all US diplomats remaining in Venezuela departed the country. I know i
Published 15 Mar, 2019 12:00am
Nato takes Huawei security concerns seriously: Stoltenberg

Nato takes Huawei security concerns seriously: Stoltenberg

Security concerns about the role of Huawei in Western 5G telecom infrastructure are to be taken seriously, the head of Nato said Thursday, as Washington steps up pressure on Europe not to use the Chinese firm. Nato Secretary General Jens Stoltenberg said
Published 15 Mar, 2019 12:00am
Hungary Prime Minister apologises for 'useful idiots' remark

Hungary Prime Minister apologises for 'useful idiots' remark

Hungarian Prime Minister Viktor Orban has apologised to European conservative parties for calling them "useful idiots" over an anti-EU billboard campaign that could see his party ejected from the European Parliament's dominant centre-right EPP bloc. "(Orb
Published 15 Mar, 2019 12:00am
China's rebar futures rise on demand recovery

China's rebar futures rise on demand recovery

China's rebar futures rose on Wednesday as demand for construction steel increased but they ended off the day's highs, causing a fall in steelmaking raw materials such as iron ore and coke. The most-active construction steel rebar contract, expiring in Ma
Published 15 Mar, 2019 12:00am
Cotton rates higher on constant demand
Cotton

Cotton rates higher on constant demand

Constant demand of quality lint pushed the rates higher on the cotton market on Thursday in process of the trading activity, dealers said. The official spot rate gained Rs 100 to Rs 8,700, they added. In the ready session, over 11,000 bales of cotton chan
Published 15 Mar, 2019 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 164,119 tonnes of cargo comprising 99,732 tonnes of import cargo and 64,387 tonnes of export cargo including 10,361 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargos of
Published 15 Mar, 2019 12:00am
Argentina aims to boost gas output and supply

Argentina aims to boost gas output and supply

Argentina's efforts to boost its natural gas output and supply are progressing through new pipeline and transport projects and auctions, moves that are expected to balance the country's production and demand, the energy secretary said on Monday. Pipeline
Published 15 Mar, 2019 12:00am
Brazil's some mills resume cane crushing

Brazil's some mills resume cane crushing

Six mills resumed crushing cane in Brazil's center-south region, the world's largest cane-producing area, ending the between-crops period early while demand for ethanol in the country continues strong, cane industry group Unica said on Tuesday. Brazil's n
Published 15 Mar, 2019 12:00am
European wheat prices rise on US markets fall

European wheat prices rise on US markets fall

European wheat prices rose on Wednesday, shrugging off a sharp fall on US markets and a firm euro against the dollar, buoyed by hefty international demand and better prospects for French exports this season. Benchmark May milling wheat on Paris-based Euro
Published 15 Mar, 2019 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,723. The traded value of Metals, Energy and COTS/FX was recorded at PKR 7.506 billion and the number of lots traded 10,348. Major business was contributed by NSDQ100 am
Published 15 Mar, 2019 12:00am
UK wheat imports slow in January, maize climbs

UK wheat imports slow in January, maize climbs

British wheat imports slowed in January but are still running well ahead of last season's pace, customs data showed on Tuesday. Wheat imports for the month totalled 101,907 tonnes, the lowest monthly total so far in the 2018/19 season (July/June). The Uni
Published 15 Mar, 2019 12:00am
Sterling rally falters
Currency

Sterling rally falters

Sterling retreated on Thursday from nine-month highs as traders braced for the week's third parliamentary Brexit vote, this time on whether to extend Britain's March 29 deadline for exiting the European Union. The pound on Wednesday enjoyed its biggest on
Published 15 Mar, 2019 12:00am
Asian currencies largely weakens

Asian currencies largely weakens

Most Asian currencies weakened against the dollar on Thursday, as investors grappled with a slew of economic data from the region's largest trading partner, China, while uncertainty over a US-Sino trade deal continued to weigh on risk appetite. China's in
Published 15 Mar, 2019 12:00am
Zimbabwe's new currency weakens on inter-bank market
Currency

Zimbabwe's new currency weakens on inter-bank market

Zimbabwe's new currency traded at 2.7 against the US dollar on the inter-bank market on Thursday, its weakest level since the central bank last month removed a peg for its surrogate bond notes and electronic dollars, official data showed. Harare ditched t
Published 15 Mar, 2019 12:00am
Dollar softens, sterling rises in New York

Dollar softens, sterling rises in New York

The US dollar was softer on Wednesday after new inflation data bolstered the likelihood US interest rates will not be raised anytime soon, while sterling rose ahead of a vote by Britain's parliament on a proposal that would rule out a "no deal" exit from
Published 15 Mar, 2019 12:00am
Early trade in New York: sterling stalls; dollar ticks up
Currency

Early trade in New York: sterling stalls; dollar ticks up

The US dollar gained on Thursday for the first time in a week, albeit modestly, as the pound stalled at lower levels ahead of a vote to extend Britain's March 29 deadline for exiting the European Union. The pound was down 0.54 percent at $1.3266 in aftern
Published 15 Mar, 2019 12:00am
Aussie, sterling down in Europe

Aussie, sterling down in Europe

The Australian dollar fell on Thursday after reports that a meeting between China and the United States to end their trade war had been delayed. The meeting between President Donald Trump and President Xi Jinping won't occur this month and is more likely
Published 15 Mar, 2019 12:00am
Dollar up in Asia
Currency

Dollar up in Asia

The dollar pulled ahead from a nine-day low on Thursday, largely helped by the pound snapping back after a sharp rally made on Brexit relief. The dollar index, a gauge of the currency's strength against six major counterparts, was up 0.1 percent at 96.633
Published 15 Mar, 2019 12:00am
Aussie, kiwi on defensive

Aussie, kiwi on defensive

The Australian and New Zealand dollars were on the defensive on Thursday as domestic bond yields extended a recent steep decline to multi-year lows, leaving them a long way under comparable yields in the United States. Chinese economic data offered some s
Published 15 Mar, 2019 12:00am
Australia target World Cup win

Australia target World Cup win

Buoyed by their come-from-behind one-day series triumph in India, skipper Aaron Finch believes resurgent Australia have the blueprint in place to win the upcoming World Cup. Despite missing banned batsmen Steve Smith and David Warner, Australia bounced ba
Published 15 Mar, 2019 12:00am
Kenya slams 'illegitimate' IAAF scrapping of 5,000m in Diamond League

Kenya slams 'illegitimate' IAAF scrapping of 5,000m in Diamond League

Athletics Kenya (AK) on Thursday lambasted a decision by the International Association of Athletics Federations (IAAF) to scrap the 5,000 metres from the Diamond League programme as "illegitimate". Kenyan and Ethiopian athletes have dominated the middle a
Published 15 Mar, 2019 12:00am
Islamabad oust Karachi in hope of another HBL PSL title

Islamabad oust Karachi in hope of another HBL PSL title

Islamabad United kept their hopes of defending the HBL PSL title alive with a hard fought four-wicket win over Karachi Kings in the Eliminator 1 played at National Stadium, Karachi on Thursday. Kings journey in the HBL PSL 2019 has ended with the side fai
Published 15 Mar, 2019 12:00am
Formula One race director dies on eve of new season

Formula One race director dies on eve of new season

Formula One's long-serving and widely respected race director Charlie Whiting died suddenly in Melbourne Thursday, leaving a "huge void in the sport" just days before the opening Grand Prix of the season. The 66-year-old Briton, who had been at the helm s
Published 15 Mar, 2019 12:00am
Sri Lanka recalls head coach

Sri Lanka recalls head coach

Sri Lanka recalled Thursday head coach Chandika Hathurushingha ahead of a three-match T20 series in South Africa amid reports of tensions with several players. Sri Lanka play the first T20 against the hosts on Tuesday in Cape Town, but Hathurusingha will
Published 15 Mar, 2019 12:00am
Federer, Nadal, steam into Indian Wells quarter-finals

Federer, Nadal, steam into Indian Wells quarter-finals

Former champions Roger Federer and Rafael Nadal edged closer to a blockbuster semi-final showdown at the ATP Indian Wells Masters on Wednesday with brisk fourth-round wins. World number two Nadal overpowered Serbian qualifier Filip Krajinovic 6-3, 6-4 to
Published 15 Mar, 2019 12:00am
WHO urges enforcement of tobacco ad bans at sporting events

WHO urges enforcement of tobacco ad bans at sporting events

The World Health Organization called Thursday for better enforcement of bans on tobacco advertising at sporting events, after tobacco companies discretely reentered sponsorship deals with Formula 1 teams. "WHO is urging governments to enforce bans on toba
Published 15 Mar, 2019 12:00am
US data underscores slowing growth, muted inflation

US data underscores slowing growth, muted inflation

The number of Americans filing applications for unemployment benefits increased more than expected last week, suggesting the labour market was slowing, but probably not to the extent implied by a near-stall in job growth in February. While other data on T
Published 15 Mar, 2019 12:00am
Shell CEO's annual pay doubles to 20 million euros

Shell CEO's annual pay doubles to 20 million euros

Energy giant Royal Dutch Shell revealed on Thursday that chief executive Ben Van Beurden's annual earnings more than doubled for his work last year to over 20.1 million euros ($22.7 million). The total - including base salary, annual bonus and a massive h
Published 15 Mar, 2019 12:00am
UK watchdog puts Brexit war chest at £26.6 billion

UK watchdog puts Brexit war chest at £26.6 billion

Britain will have a £26.6-billion ($35.2-billion, 31.1-billion-euro) war chest to battle the potential damage of its exit from the European Union, a government oversight body said. With the Brexit deadline approaching on March 29 and no deal reached over
Published 15 Mar, 2019 12:00am
City of London still attractive despite Brexit: chief

City of London still attractive despite Brexit: chief

The deepening uncertainty over how Britain will exit the European Union has not dented foreign investors' interest in the City of London, the financial district's policy chief said Thursday. "People are concerned with the Brexit situation, the ongoing unc
Published 15 Mar, 2019 12:00am
Bank customers would share more data for benefits

Bank customers would share more data for benefits

Most consumers worldwide would share more personal data with banks and insurers in exchange for cheaper services despite privacy concerns, according to an Accenture Plc study released on Thursday. Six in 10 consumers polled by the management consultancy,
Published 15 Mar, 2019 12:00am
Toyota to boost US investment to $13 billion over five years

Toyota to boost US investment to $13 billion over five years

Toyota announced Thursday it will boost its planned US investment by $3 billion to $13 billion over five years to boost manufacturing in multiple states. The Japanese automaker said part of that higher total is a $750 million injection in five states unve
Published 15 Mar, 2019 12:00am
Trump still optimistic on China trade talks

Trump still optimistic on China trade talks

President Donald Trump expressed optimism again Thursday about reaching an agreement to resolve a trade war with China, saying talks are "moving along very well." "We are doing very well with China talks," he told reporters. "We are getting what we have t
Published 15 Mar, 2019 12:00am
Treasury chief to 'follow the law' on Trump tax returns

Treasury chief to 'follow the law' on Trump tax returns

US Treasury Secretary Steven Mnuchin said Thursday he would "follow the law" if Congress requested President Donald Trump's tax returns. Trump has refused to release the documents, in stark contrast to all previous presidents and presidential candidates i
Published 15 Mar, 2019 12:00am
Treasury chief to 'follow the law' on Trump tax returns

Treasury chief to 'follow the law' on Trump tax returns

US Treasury Secretary Steven Mnuchin said Thursday he would "follow the law" if Congress requested President Donald Trump's tax returns. Trump has refused to release the documents, in stark contrast to all previous presidents and presidential candidates i
Published 15 Mar, 2019 12:00am
Giant UAE port operator posts rise

Giant UAE port operator posts rise

Dubai port and logistics giant DP World said Thursday its net profit for 2018 rose over five percent on increased trade and higher returns from new acquisitions. The global provider, which runs port operations in over 40 countries, said in a statement tha
Published 15 Mar, 2019 12:00am
World Bank says US official lone candidate for presidency

World Bank says US official lone candidate for presidency

The World Bank confirmed Thursday that senior US Treasury official David Malpass was the lone candidate nominated to take over the helm of the development aid institution. Nominations closed Thursday morning, and the World Bank board said it will conduct
Published 15 Mar, 2019 12:00am
Etihad airways posts losses for third year

Etihad airways posts losses for third year

Abu Dhabi's Etihad Airways posted a loss in 2018 for the third year running, it said Thursday, blaming investment losses and challenging market conditions. The airline, which has been undergoing restructuring since late 2017, said it had narrowed its loss
Published 15 Mar, 2019 12:00am
UK's main index up as no-deal Brexit 'off the table'

UK's main index up as no-deal Brexit 'off the table'

UK shares bagged another session of gains as financials cheered British lawmakers' rejection of a disruptive no-deal Brexit and oil majors rose on higher crude prices, but mid-cap retirement services specialist Just Group slumped on plans to raise funds.
Published 15 Mar, 2019 12:00am
Australian, New Zealand shares up

Australian, New Zealand shares up

Mining and energy stocks pushed Australian shares higher on Thursday, while financials capped gains as regulatory uncertainty around mortgage broking businesses sent shivers across the sector. The S&P/ASX 200 index ended up 0.3 percent, or 18.4 points, to
Published 15 Mar, 2019 12:00am
Previous Day