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Feb 01, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-03-27
Three women, baby die after migrant boat sinks off Turkey

Three women, baby die after migrant boat sinks off Turkey

Three women and a child drowned when a boat carrying migrants sank off the Turkish coast, the Turkish coast guard said on Tuesday. Turkish authorities rescued 11 more people after the boat went down 1.7 nautical miles off the coast near Canakkale early Tu
Published 27 Mar, 2019 12:00am
US lawmakers challenge Pentagon diversion of $1 billion for border wall

US lawmakers challenge Pentagon diversion of $1 billion for border wall

A Democrat-led congressional committee challenged Tuesday the Pentagon's plan to divert $1 billion to support President Donald Trump's plan to build a wall on the US-Mexico border. Less than one day after acting Pentagon chief Patrick Shanahan authorized
Published 27 Mar, 2019 12:00am
Up to 500,000 displaced by southern Africa cyclone

Up to 500,000 displaced by southern Africa cyclone

Survivors of a cyclone that pummelled southern Africa began receiving medicine, food and tents Tuesday as floodwaters receded, while officials warned up to 500,000 people are displaced in the storm-struck region. Cyclone Idai smashed into Mozambique's coa
Published 27 Mar, 2019 12:00am
Media is 'Enemy of the People': Trump

Media is 'Enemy of the People': Trump

President Donald Trump on Tuesday branded the mainstream media the "enemy" and the "opposition party" after the Mueller report cleared him of collusion, accusing journalists of covering the Russia probe unfairly. "The Mainstream Media is under fire and be
Published 27 Mar, 2019 12:00am
German city halls evacuated after bomb threats

German city halls evacuated after bomb threats

Several city halls in Germany were evacuated on Tuesday over emails threatening bomb attacks, police said. Police confirmed that the city halls in Chemnitz, Augsburg, Kaiserslautern, Goettingen, Neunkirchen and Rendsburg had been affected.
Published 27 Mar, 2019 12:00am
US successfully tests anti-ICBM system

US successfully tests anti-ICBM system

The US military said Monday it had successfully tested an anti-intercontinental ballistic missile (ICBM) system, with a target launched from the Marshall Islands shot down by two interceptors based in California. To protect against the threat from ICBMs,
Published 27 Mar, 2019 12:00am
Boeing holds test flights for 737 MAX fix

Boeing holds test flights for 737 MAX fix

Boeing has flown test flights of its 737 MAX to evaluate a fix for the system targeted as a potential cause of two deadly plane crashes, two sources familiar with the matter said Tuesday. The aviation giant, which has been under fire and its flagship narr
Published 27 Mar, 2019 12:00am
NASA scraps all-women spacewalk for lack of well-fitting suits

NASA scraps all-women spacewalk for lack of well-fitting suits

The US space agency NASA scrapped Monday a planned historic spacewalk by two women astronauts, citing a lack of available spacesuits that would fit them at the International Space Station. Christina Koch will now perform tasks in space Friday with fellow
Published 27 Mar, 2019 12:00am
Southern Africa leaders back Western Sahara at 'historic' talks

Southern Africa leaders back Western Sahara at 'historic' talks

Several southern African leaders on Tuesday threw their support behind Western Sahara, with one calling the disputed territory the "last colony" on the African continent. President Cyril Ramaphosa, leader of the continental powerhouse South Africa, descri
Published 27 Mar, 2019 12:00am
UK parliament plots Brexit Plan B after sidelining PM

UK parliament plots Brexit Plan B after sidelining PM

Britain's parliament sought a new Brexit approach Tuesday after seizing the initiative from Prime Minister Theresa May in a historic vote taken to stave off a looming "no-deal" divorce. Lawmakers exasperated by Britain's failed efforts to split from the E
Published 27 Mar, 2019 12:00am
Germany records hottest year in a century

Germany records hottest year in a century

Germany recorded its warmest year in 2018, a period also marked by a drought lasting months, the country's DWD weather service said Tuesday. The average temperatures for the year reached 10.5 degree Celsius (50.9 degrees Fahrenheit), a new record high, th
Published 27 Mar, 2019 12:00am
IS jihadists kill seven US-backed fighters in Syria

IS jihadists kill seven US-backed fighters in Syria

The Islamic State group on Tuesday claimed an attack on US-backed forces in the northern Syrian city of Manbij, days after their "caliphate" was declared defeated. Manbij is a former IS stronghold that is now ruled by a military council affiliated with th
Published 27 Mar, 2019 12:00am
European wheat stable on dry weather concerns

European wheat stable on dry weather concerns

European wheat prices for the current season were stable on Monday, still supported by healthy exports, while new crop contracts rose on concerns that dry weather in Western Europe in the coming weeks could harm crops. Benchmark May milling wheat on Paris
Published 27 Mar, 2019 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 117,644 tonnes of cargo comprising 95,721 tonnes of import cargo and 21,923 tonnes of export cargo including 4,792 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargos of 95
Published 27 Mar, 2019 12:00am
China's iron ore futures reverse gains

China's iron ore futures reverse gains

China's iron ore futures reversed gains on Monday tracking a broader selloff, but market still expects strong demand at steel mills after winter production curbs are lifted by the end of this month. The most-traded iron ore futures on the Dalian Commodity
Published 27 Mar, 2019 12:00am
Bangladesh seeks to import wheat

Bangladesh seeks to import wheat

Bangladesh's state grains buyer issued an international tender on Tuesday to import 50,000 tonnes of milling wheat to boost reserves, a procurement official said. The deadline to submit offers is April 10, with validity up to April 24, said the official a
Published 27 Mar, 2019 12:00am
China's February US soyabean imports rise

China's February US soyabean imports rise

China's imports of soyabeans from the United States in February surged from January as the cargoes booked following a truce in the trade war between the two countries arrived, according to customs data published on Monday. China brought in 907,754 tonnes
Published 27 Mar, 2019 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,791. The traded value of Metals, Energy and COTS/FX was recorded at PKR 9.513 billion and the number of lots traded 10,420. Major business was contributed by gold amountin
Published 27 Mar, 2019 12:00am
CBOT soyabean futures firmer

CBOT soyabean futures firmer

Chicago Board of Trade (CBOT) soyabean futures closed firmer on Monday for the first time in three sessions on Friday on worries about lagging demand for US supplies as the dollar firms and South American farmers harvest a bumper crop, traders said.
Published 27 Mar, 2019 12:00am
South Korea buys feed wheat

South Korea buys feed wheat

South Korea's Feed Leaders Committee (FLC) bought about 65,000 tonnes of feed wheat which can be sourced from any origin worldwide in a private purchase made last week without issuing an international tender, European traders said on Monday. The wheat was
Published 27 Mar, 2019 12:00am
Most Asia currencies in positive territory

Most Asia currencies in positive territory

Most Asian currencies were in positive territory on Tuesday but sentiment remained fragile as investors reassessed risks to global economic growth, while the baht slipped after poor data. Global markets recoiled on Monday in the wake of an inversion in th
Published 27 Mar, 2019 12:00am
Aussie, kiwi bounce

Aussie, kiwi bounce

The Australian and New Zealand dollars won a reprieve from risk aversion on Tuesday as stock markets in Asia bounced and speculation mounted that stimulus was in the cards from the world's major central banks. The Aussie clawed its way back to $0.7121, af
Published 27 Mar, 2019 12:00am
Euro, yen rise against dollar in New York
Currency

Euro, yen rise against dollar in New York

The euro gained on Monday as a stronger-than-forecast German business confidence survey allayed some fears about a recession and pulled the safe-haven yen from a six-week high against the dollar. Financial markets around the globe were roiled on Friday, s
Published 27 Mar, 2019 12:00am
Early trade in New York: dollar edges up broadly

Early trade in New York: dollar edges up broadly

The US dollar inched higher against a basket of currencies on Tuesday as US benchmark 10-year yields rose from 15-month lows on solid gains in US shares, brushing aside disappointing domestic data on housing starts and consumer confidence. The US yield cu
Published 27 Mar, 2019 12:00am
Euro steadies, franc up in Europe
Currency

Euro steadies, franc up in Europe

The euro steadied on Tuesday after economic surveys showed tentative signs of recovery in the euro zone economy, but warnings from bond markets continued to worry investors. The euro held around $1.13 and analysts said a stronger-than-forecast German busi
Published 27 Mar, 2019 12:00am
Dollar surges against yen in Asia
Currency

Dollar surges against yen in Asia

The dollar rebounded modestly against the yen on Tuesday as Treasury yields pulled back from 15-month lows as investors reassessed the risks of a sharper downturn in the global economy. The pound stuck to a narrow range with British lawmakers scheduled to
Published 27 Mar, 2019 12:00am
Exporters and oil majors pull FTSE 100 out of the red

Exporters and oil majors pull FTSE 100 out of the red

London's main index bounced back from two sessions of losses as exporters were boosted by a strong dollar while oil companies rose on higher crude prices and Ocado surged to a record high on its latest partnership deal. The FTSE 100 added 0.3 percent, lag
Published 27 Mar, 2019 12:00am
Southeast Asian stocks largely higher

Southeast Asian stocks largely higher

Most Southeast Asian stocks edged higher on Tuesday, with Indonesia adding 0.9 percent, as worries over a US recession ebbed after Treasury yields rose. Sentiment continued to remain fragile, however, over inversion of the 10-year US Treasury yield curve,
Published 27 Mar, 2019 12:00am
Indian shares up

Indian shares up

Indian shares erased losses from the last two sessions to settle more than 1 percent higher on Tuesday, as US treasury yields edged up, easing concerns of a recession in the world's largest economy.
Published 27 Mar, 2019 12:00am
European stocks claw back up after four-day drop

European stocks claw back up after four-day drop

European shares rose on Tuesday, snapping a four-day losing streak, boosted by healthcare stocks and on indications that UK Prime Minister Theresa May's deal to exit the European Union could gain some support. The pan-region STOXX 600 index added to early
Published 27 Mar, 2019 12:00am
China shares fall

China shares fall

Chinese shares fell on Tuesday, extending the previous session's sharp losses as investors remained concerned over the outlook for global growth and the next round of China-US trade talks. At the close, the Shanghai Composite index was down 1.51 percent a
Published 27 Mar, 2019 12:00am
Australian, New Zealand shares up

Australian, New Zealand shares up

Australian shares closed marginally higher on Tuesday, helped by mining shares and an uptick in US benchmark Treasury yields that reduced worries about the world's biggest economy slipping into recession. The S&P/ASX 200 index firmed nearly 0.1 percent to
Published 27 Mar, 2019 12:00am
Benchmark Treasury yields lowest since December 2017

Benchmark Treasury yields lowest since December 2017

Benchmark 10-year Treasury yields fell to their lowest levels since December 2017 on Monday while the yield curve between three-month bills and 10-year notes inverted further as investors evaluated last week's dovish pivot by the Federal Reserve. The US c
Published 27 Mar, 2019 12:00am
Benchmark Treasury yields lowest since December 2017

Benchmark Treasury yields lowest since December 2017

Benchmark 10-year Treasury yields fell to their lowest levels since December 2017 on Monday while the yield curve between three-month bills and 10-year notes inverted further as investors evaluated last week's dovish pivot by the Federal Reserve. The US c
Published 27 Mar, 2019 12:00am
S&P slips with Apple, lingering fears on global growth

S&P slips with Apple, lingering fears on global growth

The S&P 500 Index ended a choppy session slightly lower on Monday as worries about a slowdown in global economic growth lingered and as Apple Inc shares fell after the company unveiled its video streaming service. Indexes moved between negative and positi
Published 27 Mar, 2019 12:00am
Tuesday's early afternoon trade: Tech, energy shares prop up Wall Street

Tuesday's early afternoon trade: Tech, energy shares prop up Wall Street

Wall Street's main indexes rose on Tuesday, as Apple and chipmakers boosted technology shares, while higher oil prices lifted energy companies. The gains come after two sessions of declines, triggered by fears of slowing global economic growth and an inve
Published 27 Mar, 2019 12:00am
Nikkei rallies on short-covering

Nikkei rallies on short-covering

Japan's Nikkei bounced from five-week lows to close sharply higher on Tuesday as cyclical stocks rose on short-covering following a sell-off the previous day driven by fears of a sharp global economic slowdown. With the end of the business year looming on
Published 27 Mar, 2019 12:00am
Uber-Careem deal boosts Saudi bourse, real estate hurts Dubai index

Uber-Careem deal boosts Saudi bourse, real estate hurts Dubai index

Saudi shares rose on Tuesday boosted by a 10 percent surge in travel operator Al Tayyar Group, a shareholder in ride hailing app Careem which Uber has agreed to buy. Tayyar said it was expecting to make a gross profit of 1.78 billion riyals ($474.64 milli
Published 27 Mar, 2019 12:00am
Uber-Careem deal boosts Saudi bourse, real estate hurts Dubai index

Uber-Careem deal boosts Saudi bourse, real estate hurts Dubai index

Saudi shares rose on Tuesday boosted by a 10 percent surge in travel operator Al Tayyar Group, a shareholder in ride hailing app Careem which Uber has agreed to buy. Tayyar said it was expecting to make a gross profit of 1.78 billion riyals ($474.64 milli
Published 27 Mar, 2019 12:00am
European leaders demand win-win relationship with China

European leaders demand win-win relationship with China

China's President Xi Jinping on Tuesday attempted to dispel concern about his country's growing presence in Europe at a meeting with French, German and EU leaders who stressed their desire for a more balanced relationship.
Published 27 Mar, 2019 12:00am
Italy readies new package to lift GDP

Italy readies new package to lift GDP

Italy is preparing a package of measures to lift economic growth this year and avoid the need for belt-tightening measures, political sources told Reuters, confirming a strategy which favours fiscal expansion over austerity. The package is part of a plan
Published 27 Mar, 2019 12:00am
Uber to buy Mideast rival Careem for $3.1 billion

Uber to buy Mideast rival Careem for $3.1 billion

Global ride-hailing giant Uber will acquire its Middle East rival Careem for $3.1 billion in the region's largest technology industry transaction, the two companies announced on Tuesday.
Published 27 Mar, 2019 12:00am
Consumer spending to help France resist global slowdown

Consumer spending to help France resist global slowdown

The French economy will grow marginally slower this year than previously expected although improving household purchasing power should help limit the impact of a global slowdown, the country's central bank said on Thursday.
Published 27 Mar, 2019 12:00am
Czechs end lab tests of Polish meat imports

Czechs end lab tests of Polish meat imports

Czech authorities said they would stop as of Wednesday routine laboratory tests of meat imported from Poland, imposed in February when local vets had detected several batches of Polish meat containing the dangerous Salmonella bacteria.
Published 27 Mar, 2019 12:00am
Naspers to list internet assets in Europe

Naspers to list internet assets in Europe

South African conglomerate Naspers, the continent's biggest media company, said Monday that it will spin off online assets into a new company with a primary listing in Amsterdam, creating Europe's biggest listed consumer internet company.
Published 27 Mar, 2019 12:00am
Inmarsat agrees to $3.4 billion takeover from consortium

Inmarsat agrees to $3.4 billion takeover from consortium

British satellite operator Inmarsat on Monday agreed to a $3.4 billion cash takeover from a consortium of investment funds. The bid for the London-listed telecommunications group was pitched at $7.21 per share, consortium bid-vehicle Triton Bidco said in
Published 27 Mar, 2019 12:00am
Rosneft opens trading arm in Singapore as part of Asian pivot

Rosneft opens trading arm in Singapore as part of Asian pivot

Rosneft is opening a trading arm in Singapore as part of a pivot to Asia, the world's biggest and fastest-growing energy-consuming region, where the Russian state oil major plans to manage new projects and boost oil sales.
Published 27 Mar, 2019 12:00am
Billions pledged to halt Africa's forest loss

Billions pledged to halt Africa's forest loss

With the world's forests increasingly under threat from climate change and logging, leaders and top bank chiefs pledged billions on Thursday to help reverse the steep decline in Africa's woodland areas. So far this century East Africa alone has lost aroun
Published 27 Mar, 2019 12:00am
Will artificial intelligence be the future of music?

Will artificial intelligence be the future of music?

They may never be able to fill a stadium for a rock concert, but computers are making inroads in the music industry, capable of producing songs - and convincingly so - as illustrated at the South by Southwest festival in Texas.
Published 27 Mar, 2019 12:00am
Emissions squeeze sparks electric surge for Volkswagen

Emissions squeeze sparks electric surge for Volkswagen

Mammoth German carmaker Volkswagen massively expanded Tuesday its plans for electric car sales in the coming decade, as its scramble to meet tougher greenhouse emissions targets has already begun weighing on profitability.
Published 27 Mar, 2019 12:00am
Formula One divided as Brexit threat zooms into view

Formula One divided as Brexit threat zooms into view

The new Formula One season is under way but the action on the track is being overshadowed by concerns over the implications of Brexit, with so many teams calling Britain home. Seven of the 10 F1 teams are based in Britain and there are nine European races
Published 27 Mar, 2019 12:00am
Mickey Arthur hopes Pakistan will bounce back in third ODI

Mickey Arthur hopes Pakistan will bounce back in third ODI

Pakistan's head coach Mickey Arthur has promised his team will give their best to bounce back in the third match against Australia in Abu Dhabi on Wednesday, reiterating every time his players go on the field they want to win.
Published 27 Mar, 2019 12:00am
Pakistan team for Asian Senior Individual Squash named

Pakistan team for Asian Senior Individual Squash named

Two players Tayyum Aslam and Muhammad Asim Khan have selected for the forthcoming Asian Senior Individual Squash Championship to be played from April 1-5, 2019 at Kuala Lumpur, Malaysia.
Published 27 Mar, 2019 12:00am
Federer to play Madrid Masters on clay return

Federer to play Madrid Masters on clay return

Roger Federer will play on clay before this year's French Open after being confirmed on the entry list for the Madrid Masters, which starts on May 3, on Tuesday. The 37-year-old last played the tournament, where he is a three-time champion, in 2015, when
Published 27 Mar, 2019 12:00am
Two Aga Khan schools take top place in Futsal Tournament

Two Aga Khan schools take top place in Futsal Tournament

Aga Khan School (Karimabad) and Aga Khan School (Kharadar) won boys and girls U-14 Inter-School Futsal Tournament titles respectively here at PAD Ground in Clifton. The tournament was organised by Karachi Friends United Association (KFUA).
Published 27 Mar, 2019 12:00am
Kvitova attacker sentenced to eight years in prison

Kvitova attacker sentenced to eight years in prison

The man who attacked two-time Wimbledon champion Petra Kvitova with a knife at her Czech home in December 2016 was sentenced to eight years in prison on Tuesday, a court said. "He got eight years in a tight-security prison," Eva Angyalossy, a spokeswoman
Published 27 Mar, 2019 12:00am
Opening ceremony of Punjab Games on April 3

Opening ceremony of Punjab Games on April 3

Punjab chief minister Usman Buzdar will inaugurate the 72nd edition of the Punjab Games 2019 at a colourful ceremony to be held here at Nishtar Park Sports Complex on April 3. Aerobic, gymnastic and other eye-catching items will be presented in the openin
Published 27 Mar, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 27 Mar, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 27 Mar, 2019 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

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
Published 27 Mar, 2019 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

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
Published 27 Mar, 2019 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (March 26, 2019).

Published 27 Mar, 2019 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (March 26, 2019).

Published 27 Mar, 2019 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (March 26, 2019).
Published 27 Mar, 2019 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (March 26, 2019).

Published 27 Mar, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (March 26, 2019).

Published 27 Mar, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (March 26, 2019).

Published 27 Mar, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (March 26, 2019).

Published 27 Mar, 2019 12:00am
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