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Print - 2019-04-12
JI chief lashes out at PTI government policies

JI chief lashes out at PTI government policies

Chief of Jamaat-e-Islami, Senator Sirjaul Haq, has said that the PTI's was the first government in Pakistan's history whose policies had collapsed within eight months. He was talking to a delegation of experts headed by President of the JI's Economic Comm
Published 12 Apr, 2019 12:00am
115 new land record centres set up in Punjab

115 new land record centres set up in Punjab

With a view to providing facilities relating to 'fard' and mutation of lands to the growers at their doorsteps, the Punjab government will set up 115 new land record centres (LRCs) in the province with the cost of Rs 2.19 billion. "These centres will reco
Published 12 Apr, 2019 12:00am
Vawda irked by remark attributed to him

Vawda irked by remark attributed to him

Federal Minister for Water Resources, Faisal Vawda, has denied a report attributing him with a statement that 'one billion jobs' would be given to people in two weeks. In a tweet, Vawda said the newspaper [Business Recorder] must apologise for this news "
Published 12 Apr, 2019 12:00am
Disco-wise test run to identify constraints from next week

Disco-wise test run to identify constraints from next week

The Power Division has decided to initiate Disco-wise test run for 24 hours from next week aimed at identifying constraints in the distribution system, like it was done in the NTDC. This was stated by Secretary Power with additional charge of Water, Irfan
Published 12 Apr, 2019 12:00am
Ground-handling operations: Pakistan becomes IATA's certified country

Ground-handling operations: Pakistan becomes IATA's certified country

Pakistan has become the IATA's certified country for its ground-handling operations in aviation industry as Gerry's dnata is the first ground services provider to be awarded the prestigious safety status in Pakistan. The company has achieved IATA Safety A
Published 12 Apr, 2019 12:00am
DC Lahore approves 19 development schemes

DC Lahore approves 19 development schemes

District Commissioner Lahore Saleha Saeed approved 19 development schemes worth Rs177 million relating to the local government and community development, TEPA and WASA. In this connection, a meeting of District Development Committee was held here on Thurs
Published 12 Apr, 2019 12:00am
US delegation due soon

US delegation due soon

Led by US Senator Christopher Van Hollen, a US delegation will be visiting Pakistan soon, to meet PM Imran Khan and other government officials. Punjab Governor Ch Muhammad Sarwar has extended invitation to the US Senator Christopher Van Hollen for visit t
Published 12 Apr, 2019 12:00am
US MIDDAY: gold sheds over 1 percent
Currency

US MIDDAY: gold sheds over 1 percent

Gold prices fell more than 1% on Thursday, slipping below the key $1,300 level, as robust economic data from the United States boosted the dollar, taking the sheen off the safe-haven metal. Spot gold was down 1.3% to $1,290.34 per ounce as of 1:55 p.m. ED
Published 12 Apr, 2019 12:00am
US MIDDAY: soyabeans, corn slide

US MIDDAY: soyabeans, corn slide

US soyabean and corn futures fell on Thursday on disappointing weekly export sales data and expectations of large South American harvests that should dampen US export prospects, analysts said. Wheat futures were higher on short-covering after a five-sessi
Published 12 Apr, 2019 12:00am
Gold falls in Europe
Currency

Gold falls in Europe

Gold prices fell as much as 1% on Thursday, slipping below the key $1,300 level, as robust economic data from the United States boosted the dollar, taking the sheen off the safe-haven metal. Spot gold was down 0.7% at $1,297.70 by 10:29 a.m. EDT (1429 GMT
Published 12 Apr, 2019 12:00am
Gold holds near two-week high in Asia

Gold holds near two-week high in Asia

Gold edged lower on Thursday, but was trading close to a two-week peak scaled in the last session as dovish US and European central banks fanned concerns on economic slowdown and kept global bond yields and the dollar under pressure. Spot gold was down 0.
Published 12 Apr, 2019 12:00am
Gold up near two-week high in New York

Gold up near two-week high in New York

Gold rose on Wednesday, lifted to their highest in almost two weeks as investors fretted about the global economy and trade tensions, and as the European Central Bank and the US Federal Reserve showed signs that monetary policy will remain accommodative.
Published 12 Apr, 2019 12:00am
Arabica coffee crashes to fresh 13-year low
Currency

Arabica coffee crashes to fresh 13-year low

Arabica coffee futures on ICE plunged to a new 13-year low on Thursday, as a weaker Brazilian currency compounded the market's challenges with oversupply, while New York cocoa fell as a recent rally lost momentum. May arabica coffee settled down 4 cents,
Published 12 Apr, 2019 12:00am
Monsanto loses appeal in French farmer's poisoning case

Monsanto loses appeal in French farmer's poisoning case

A French court on Thursday upheld a guilty verdict against chemicals giant Monsanto over the poisoning of a farmer who suffered neurological damage after using one of its weedkillers, the latest legal setback for the company over its controversial pestici
Published 12 Apr, 2019 12:00am
Palm oil hits over one-week low
Vegetable Oil

Palm oil hits over one-week low

Malaysian palm oil futures edged down to their lowest in more than a week on Thursday evening, weighed down by expectations of rising production. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange was down 0.7 per
Published 12 Apr, 2019 12:00am
Tokyo rubber unchanged

Tokyo rubber unchanged

Tokyo Commodity Exchange (TOCOM) futures settles unchanged on Thursday. Shanghai futures rise slightly. The benchmark Tokyo Commodity Exchange (TOCOM) rubber contract for September delivery finished unchanged at 191.9 yen ($1.73) per kg. The most-active r
Published 12 Apr, 2019 12:00am
Oil prices slip as OPEC mulls output hike, US stocks build

Oil prices slip as OPEC mulls output hike, US stocks build

Oil prices fell on Thursday after sources said OPEC may raise output from July if Venezuelan and Iranian supplies fall further and prices keep rallying. Rising US crude stockpiles also dragged US futures down by more than $1 a barrel. West Texas Intermedi
Published 12 Apr, 2019 12:00am
Saudi oil cuts deeper than promised: IEA

Saudi oil cuts deeper than promised: IEA

Saudi Arabia has slashed its oil production by more than promised as part of a pact to boost oil prices, the International Energy Agency said Thursday, while warning of mixed signals for global demand.
Published 12 Apr, 2019 12:00am
Copper, lead down

Copper, lead down

Copper fell on Thursday on a stronger dollar and worries about a global slowdown while lead touched its lowest in more than three months on concern that weak auto sales would dampen demand for car batteries. The decline in copper came after the European C
Published 12 Apr, 2019 12:00am
Cotton futures fall to one-week low
Cotton

Cotton futures fall to one-week low

ICE cotton futures fell to a one-week low on Thursday, weighed down by a stronger dollar, however positive export sales report from the US Department of Agriculture (USDA) limited further decline. The front-month cotton contract on ICE Futures US settled
Published 12 Apr, 2019 12:00am
US warship cruises disputed sea in Philippine war games

US warship cruises disputed sea in Philippine war games

A US warship laden with hi-tech fighter planes took centre stage at key war games in the Philippines Thursday, brandishing military might as fresh tensions bubble in the contentious South China Sea. The amphibious assault ship USS Wasp, with at least 10 F
Published 12 Apr, 2019 12:00am
Chinese scientists create monkeys with human brain genes

Chinese scientists create monkeys with human brain genes

Chinese scientists have implanted human brain genes into monkeys, in a study intended to provide insights into the unique evolution of human intelligence. Researchers inserted human versions of MCPH1, a gene that scientists believe plays a role in the dev
Published 12 Apr, 2019 12:00am
Syria Kurds announce deal for return of 31,000 Iraqis

Syria Kurds announce deal for return of 31,000 Iraqis

Syrian Kurds on Thursday announced a deal with Baghdad for 31,000 displaced Iraqis, mostly women and children, to return from camps in northeastern Syria to Iraq. Tens of thousands of people live in the camps, which swelled during the months-long battle b
Published 12 Apr, 2019 12:00am
Stricter New Zealand gun laws formally put into effect

Stricter New Zealand gun laws formally put into effect

New Zealand's new gun laws were officially signed into effect Thursday, formally banning military-style semi-automatic weapons less than a month after a white supremacist gunman killed 50 worshippers inside two Christchurch mosques. Governor General Patsy
Published 12 Apr, 2019 12:00am
Trump fan over Christchurch mosque abuse arrested

Trump fan over Christchurch mosque abuse arrested

New Zealand police on Thursday arrested a man spotted in a "Trump" tee-shirt hurling abuse at worshippers outside one of the Christchurch mosques where dozens were killed in a massacre last month. Police said the 33-year-old man had "shaken" the Muslim co
Published 12 Apr, 2019 12:00am
Russian court moves US investor Calvey to house arrest

Russian court moves US investor Calvey to house arrest

A Moscow court on Thursday ruled to move Michael Calvey, a prominent American investor who has been behind bars since mid-February on controversial fraud charges, from pre-trial jail to house arrest. The move came after some of Moscow's most powerful figu
Published 12 Apr, 2019 12:00am
Red Cross triples Venezuela budget

Red Cross triples Venezuela budget

The International Committee of the Red Cross announced Thursday that it was tripling its budget for Venezuela, a day after President Nicolas Maduro approved the delivery of humanitarian aid. "The ICRC has tripled its budget for operations in Venezuela fro
Published 12 Apr, 2019 12:00am
Australian prime minister sets election for May 18

Australian prime minister sets election for May 18

Australia's prime minister on Thursday called a national election for May 18, firing the starting gun on what promises to be a bareknuckle campaign focused heavily on climate and the economy. The vote will decide whether the conservative government gets a
Published 12 Apr, 2019 12:00am
May faces quit call after securing Brexit delay

May faces quit call after securing Brexit delay

British Prime Minister Theresa May faced down a call to resign on Thursday as she implored MPs to resolve the Brexit impasse at last after the EU granted a new six-month delay. May's 27 European Union counterparts pulled another all-nighter in Brussels be
Published 12 Apr, 2019 12:00am
Trump floats idea of third North Korea summit

Trump floats idea of third North Korea summit

US President Donald Trump said Thursday he is considering a potential third nuclear summit with North Korea's leader. "We will be discussing that and potential meetings, further meetings with North Korea and Kim Jong Un," Trump said in the Oval Office at
Published 12 Apr, 2019 12:00am
Netanyahu looks to form right-wing govt after victory

Netanyahu looks to form right-wing govt after victory

Prime Minister Benjamin Netanyahu sought to form a right-wing governing coalition on Thursday after securing victory in a high-stakes Israeli election despite a strong challenge from a centrist alliance. The results from Tuesday's vote came despite corrup
Published 12 Apr, 2019 12:00am
Israel to land spacecraft on the moon in first

Israel to land spacecraft on the moon in first

Israel's first spacecraft to the moon was expected to make its historic landing there Thursday, making the Jewish state the fourth and smallest country to complete the trip. The landing is scheduled for around 10:25 pm (1925 GMT). So far, only Russia, the
Published 12 Apr, 2019 12:00am
CBOT corn futures firmer on bargain buying

CBOT corn futures firmer on bargain buying

Chicago Board of Trade corn futures ended modestly higher on Wednesday on bargain-buying and worries that a blizzard would cause planting delays in north western portions of the US Corn Belt, traders said. CBOT May corn settled up 1-3/4 cents at $3.61-3/4
Published 12 Apr, 2019 12:00am
CBOT soyabean futures higher

CBOT soyabean futures higher

Chicago Board of Trade soyabean futures closed higher on Wednesday on technical buying and spillover strength from corn as a blizzard threatened to delay spring planting in portions of the western US Midwest, traders said. Commodity funds hold a net short
Published 12 Apr, 2019 12:00am
Hectic trade activity on cotton market
Cotton

Hectic trade activity on cotton market

Sustained increase in prices, forced mills to make new deals on the cotton market on Thursday, dealers said. The official spot rate was unchanged at Rs 8,800, they added. In ready session, over 8,000 bales of cotton finalized between Rs 8000-9100, they sa
Published 12 Apr, 2019 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 136,925 tonnes of cargo comprising 91,607 tonnes of import cargo and 45,318 tonnes of export cargo including 8,017 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargos of 9
Published 12 Apr, 2019 12:00am
China's iron ore futures pause after seven sessions of gains

China's iron ore futures pause after seven sessions of gains

China's iron ore futures closed little changed on Wednesday after a seven-session rally to a record peak, but demand for the steelmaking feedstock is projected to remain brisk for some time in the world's top steel producer. The benchmark contract gained
Published 12 Apr, 2019 12:00am
Iran seeks to buy corn, barley and soyameal

Iran seeks to buy corn, barley and soyameal

Iranian state-owned animal feed importer SLAL is believed to have purchased corn, barley and soyameal in international tenders that closed on Tuesday, but the tonnage bought was unclear, European traders said on Wednesday. "I think a couple of consignment
Published 12 Apr, 2019 12:00am
Euronext wheat lower on ample global supply

Euronext wheat lower on ample global supply

Euronext wheat edged lower on Wednesday, in line with a subdued trend in Chicago after ample global supply was underscored by a US government crop report. A brisk export loading programme in France and Germany continued to underpin western European prices
Published 12 Apr, 2019 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,873. The traded value of Metals, Energy and COTS/FX was recorded at PKR 4.657 billion and the number of lots traded 5,206. Major business was contributed by NSDQ100 amo
Published 12 Apr, 2019 12:00am
CBOT wheat futures lower on ample supplies

CBOT wheat futures lower on ample supplies

Chicago Board of Trade wheat futures closed lower on Wednesday for a fifth straight session on technical selling and pressure from plentiful global and domestic supplies, traders said. However, MGEX spring wheat futures closed higher on concerns that a bl
Published 12 Apr, 2019 12:00am
South Korea buys 136,000 tonnes of corn

South Korea buys 136,000 tonnes of corn

South Korea's largest feedmaker Nonghyup Feed Inc. (NOFI) purchased 136,000 tonnes of corn, expected to be sourced either from the United States or South America, in an international tender that closed on Wednesday, European traders said. The tender conti
Published 12 Apr, 2019 12:00am
Turkish lira dips
Currency

Turkish lira dips

Turkey's lira dipped to its weakest level in more than two weeks on Thursday on concerns over the country's dwindling net reserves, with disappointment over an economic reform plan and local election uncertainty also weighing on sentiment.
Published 12 Apr, 2019 12:00am
Brexit delay sends sterling into the Doldrums
Currency

Brexit delay sends sterling into the Doldrums

The pound stumbled below $1.31 on Thursday after a delay of up to six months to Brexit left traders scratching their heads about the direction for the British currency, with few expecting wild price swings in the months ahead.
Published 12 Apr, 2019 12:00am
Most Asian currencies dip

Most Asian currencies dip

Most Asian currencies fell against the dollar on Thursday as investors moved away from riskier assets amid grim forecasts for the global economy despite signs of improvements in China, the world's second-largest economy. Risk appetite declined after the I
Published 12 Apr, 2019 12:00am
Aussie, kiwi steady

Aussie, kiwi steady

The Australian dollar flatlined near a six-week peak on Thursday as losses on Asian share markets chilled risk sentiment somewhat, while its New Zealand cousin continued its struggle with rate-cut speculation. The Aussie eased back a touch to $0.7157, hav
Published 12 Apr, 2019 12:00am
Euro, dollar little changed in New York
Currency

Euro, dollar little changed in New York

The dollar and euro were little changed on Wednesday as the Federal Reserve and the European Central Bank hinted they are willing to leave interest rates alone amid signs of flagging growth and risk from trade tensions. Among major currencies, the Norwegi
Published 12 Apr, 2019 12:00am
Euro steadies in Europe on ECB caution
Currency

Euro steadies in Europe on ECB caution

The dollar and euro were little changed on Thursday after the Federal Reserve and the European Central Bank hinted they were willing to leave interest rates alone amid trade tensions and signs of flagging growth. Sterling traded flat after European Union
Published 12 Apr, 2019 12:00am
Fed minutes cap dollar in Asia
Currency

Fed minutes cap dollar in Asia

The dollar hovered near two-week lows on Thursday as Federal Reserve minutes reinforced its recent dovish policy tilt while the pound held steady after European leaders extended the deadline for Britain to leave the union. Currency markets are also awaiti
Published 12 Apr, 2019 12:00am
Tradition places Egypt, Cameroon among Cup of Nations top seeds

Tradition places Egypt, Cameroon among Cup of Nations top seeds

Egypt and Cameroon benefited from being hosts and title-holders respectively when the 2019 Africa Cup of Nations draw seedings were announced Thursday. The draw in Cairo Friday will be based on the April FIFA rankings which, ordinarily, would have placed
Published 12 Apr, 2019 12:00am
Pakistan women's South Africa tour schedule announced

Pakistan women's South Africa tour schedule announced

Chair of Pakistan Women's Selection Committee Urooj Mumtaz will announce the squad for next month's tour of South Africa on Saturday (April 13). The press conference will be held during innings break of the 50-over practice match, which will also be playe
Published 12 Apr, 2019 12:00am
Japan names new Olympics minister

Japan names new Olympics minister

Japan on Thursday appointed a new Olympics minister to replace a gaffe-prone politician forced to step down after the latest in a string of embarrassing mis-steps. With less than 500 days to go until the opening ceremony, Prime Minister Shinzo Abe told re
Published 12 Apr, 2019 12:00am
ICC World Cup trophy arrives in Pakistan

ICC World Cup trophy arrives in Pakistan

The ICC Cricket World Cup trophy has landed in Pakistan for the second time on its global tour, before the mega tournament kicks off in England and Wales on May 30. Pakistan captain Sarfraz Ahmed brought the trophy from Dubai to Islamabad, where it will b
Published 12 Apr, 2019 12:00am
Umer retains captaincy as Pakistan U-16 squad for Bangladesh announced

Umer retains captaincy as Pakistan U-16 squad for Bangladesh announced

Left-handed top-order batsman Umer Eman was retained as Pakistan U-16 captain for the tour of Bangladesh for two three-day and three 50-over matches to be played from 29th April to 15th May. Umer finished as the leading run-scorer for Pakistan with 159 ru
Published 12 Apr, 2019 12:00am
British tennis player's remarkable comeback

British tennis player's remarkable comeback

Britain's Tara Moore pulled off one of the most remarkable comebacks in tennis history, saving a match point at 0-6, 0-5 down and going on to complete the win before joking it was "never in doubt". Serving to avoid a "double-bagel" humiliation against Fre
Published 12 Apr, 2019 12:00am
Diego Costa handed eight-match ban

Diego Costa handed eight-match ban

Atletico Madrid striker Diego Costa will miss the rest of the season after being handed an eight-match suspension by the Spanish Football Federation (RFEF) on Thursday. Costa was sent off in the first half of Atletico's 2-0 defeat to Barcelona on Saturday
Published 12 Apr, 2019 12:00am
Pakistan to play Inter-Parliamentary Cricket Tournament in UK

Pakistan to play Inter-Parliamentary Cricket Tournament in UK

The parliamentarians of eight countries will play the Inter-Parliamentary Cricket Tournament scheduled in the United Kingdom from July 8 to July 15, 2019. In order to ensure participation of a well-prepared team in the tournament, Speaker National Assembl
Published 12 Apr, 2019 12:00am
Ronaldo strikes to give Juventus edge against impressive Ajax

Ronaldo strikes to give Juventus edge against impressive Ajax

Cristiano Ronaldo marked his return from injury with a precious away goal as Juventus drew 1-1 with an excellent Ajax in the first leg of their Champions League quarter-final in Amsterdam on Wednesday. Ronaldo subdued the 50,000 home fans in the Johan Cru
Published 12 Apr, 2019 12:00am
Barca target Jovic to stay at Frankfurt, says father

Barca target Jovic to stay at Frankfurt, says father

The father of Eintracht Frankfurt star striker Luka Jovic has told German newspaper Bild that his son will snub Barcelona and stay at the Bundesliga club next season. Serbian striker Jovic, 21, has been linked with several of Europe's top clubs after a br
Published 12 Apr, 2019 12:00am
Brexit delay averts 'terrible outcome': IMF's Lagarde

Brexit delay averts 'terrible outcome': IMF's Lagarde

The European Union decision to offer Britain a six-month delay in exiting the economic bloc averts disaster but perpetuates the uncertainty of Brexit, IMF chief Christine Lagarde said Thursday. "At least the UK is not leaving on the 12th of April without
Published 12 Apr, 2019 12:00am
China's consumer and producer prices tick up

China's consumer and producer prices tick up

Factory and consumer inflation in China picked up in March, indicating some much-needed stability in the world's number two economy though analysts warned it is not yet out of the woods. Beijing has struggled to get prices to pick up in recent months, wit
Published 12 Apr, 2019 12:00am
UK business cautiously welcomes Brexit extension

UK business cautiously welcomes Brexit extension

British business on Thursday gave a cautious welcome to yet another Brexit extension - but also urged an end to the "chaos" that has plagued the nation's withdrawal from the European Union.
Published 12 Apr, 2019 12:00am
US labour market strong; inflation pressures benign

US labour market strong; inflation pressures benign

The number of Americans filing applications for unemployment benefits dropped to a 49-1/2-year low last week, pointing to sustained labor market strength that could assuage fears the economy was rapidly losing momentum.
Published 12 Apr, 2019 12:00am
Millennials hurt most by middle class squeeze: OECD

Millennials hurt most by middle class squeeze: OECD

The middle class is getting squeezed and it is the millennial generation above all that is bearing the brunt, the OECD said, urging action to help households struggling with the rising cost of education and housing as incomes stagnate.
Published 12 Apr, 2019 12:00am
EU countries approve launch of US trade talks

EU countries approve launch of US trade talks

EU member states gave the green light on Thursday for Brussels to open trade talks with Washington, diplomatic sources said, ending months of stalemate due to opposition from France.
Published 12 Apr, 2019 12:00am
Historic water levels at Iraq reservoirs and dams

Historic water levels at Iraq reservoirs and dams

Water levels in Iraq's reservoirs and dams have reached historic heights, officials have told AFP, with thousands of families facing possible displacement by more flooding.
Published 12 Apr, 2019 12:00am
Brexit delay lifts mid-caps; growth fears bruise FTSE

Brexit delay lifts mid-caps; growth fears bruise FTSE

Fears of a global economic slowdown and uncertainty over trade policies kept Britain's main share index subdued as miners were tugged lower, but UK-focused stocks rallied after a second Brexit delay as the mid-cap index scaled a six-month high. The FTSE 1
Published 12 Apr, 2019 12:00am
Southeast Asian markets end weaker

Southeast Asian markets end weaker

Most Southeast Asian stock markets ended lower on Thursday, with Indonesia leading the declines, as investors weighed warning signs of a slowing global economy amid escalation of trade tensions between the United States and European Union. Cautious tone o
Published 12 Apr, 2019 12:00am
European shares recover, airline stocks zoom on Brexit delay

European shares recover, airline stocks zoom on Brexit delay

European shares ground higher on Thursday, buoyed by gains among bank and travel stocks, with risk appetite aided by a European Central Bank official expressing willingness to support the euro zone. French central bank head Francois Villeroy de Galhau sai
Published 12 Apr, 2019 12:00am
China stocks fall most in three weeks

China stocks fall most in three weeks

China stocks fell the most in three weeks on Thursday, as investor sentiment soured amid trade tensions between the United States and the European Union, and worries over a slowdown in global economic growth. The blue-chip CSI300 index fell 2.2 percent, t
Published 12 Apr, 2019 12:00am
Australian shares slip; New Zealand rises

Australian shares slip; New Zealand rises

Australian shares fell on Thursday, dragged down by financials and mining stocks, as many investors remained anxious about the global growth outlook and trade disputes. The S&P/ASX 200 index was down 0.4 percent or 24.8 points to 6,198.7 at the close. The
Published 12 Apr, 2019 12:00am
Treasury yields decline

Treasury yields decline

US Treasury yields slid on Wednesday, as tame underlying US inflation data reinforced expectations that the Federal Reserve would hold interest rates steady or cut them once by the end of the year. Lower US yields were also in line with falls in the Europ
Published 12 Apr, 2019 12:00am
Treasury yields decline

Treasury yields decline

US Treasury yields slid on Wednesday, as tame underlying US inflation data reinforced expectations that the Federal Reserve would hold interest rates steady or cut them once by the end of the year. Lower US yields were also in line with falls in the Europ
Published 12 Apr, 2019 12:00am
Nikkei little up

Nikkei little up

Tokyo stocks closed slightly higher on Thursday after European leaders agreed with Britain to delay Brexit by up to six months. The benchmark Nikkei 225 index, which opened lower, was up 0.11 percent or 23.81 points to end at 21,711.38, while the broader
Published 12 Apr, 2019 12:00am
Wall Street ekes out gains as investors shrug off Fed minutes

Wall Street ekes out gains as investors shrug off Fed minutes

Technology stocks led Wall Street slightly higher on Wednesday, as US inflation data proved to be benign and the minutes from the Federal Reserve's March meeting were unsurprising. The blue-chip Dow, held back by industrial stocks, squeaked into positive
Published 12 Apr, 2019 12:00am
Thursday's late afternoon trade

Thursday's late afternoon trade

Healthcare stocks pulled Wall Street lower on Thursday as growing fears of a global economic slowdown countered upbeat economic data and investors waited for earnings season to kick into high gear.
Published 12 Apr, 2019 12:00am
Dubai index ends 10-day rally, most Gulf markets little changed
Currency

Dubai index ends 10-day rally, most Gulf markets little changed

Dubai's stock market slid on Thursday as most of its financial shares dropped, snapping a 10-day winning streak, while other major Gulf markets were little changed. The Dubai index fell 0.6 percent, led by a 1.7 percent fall in Emirates NBD, ahead of its
Published 12 Apr, 2019 12:00am
Indian shares up

Indian shares up

Indian shares ended marginally higher on Thursday, as gains in energy stocks offset declines in the IT sector, but trade remained lacklustre on the day the first phase of the national election began. Indians turned out in big numbers to vote in the first
Published 12 Apr, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 12 Apr, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 12 Apr, 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 12 Apr, 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 12 Apr, 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 Thursday (April 11, 2019).

Published 12 Apr, 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 Thursday (April 11, 2019).

Published 12 Apr, 2019 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (April 11, 2019).
Published 12 Apr, 2019 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (April 11, 2019).

Published 12 Apr, 2019 12:00am