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
Nearby ICE Canadian canola futures were slightly firmer on Thursday as funds rolled their holdings to the July contract from the May contract. Gains were muted due to a lack of fresh fundamental news, a trader said. Deferred contracts eased slightly, pres
Asia's naphtha crack rose for the first time in 1-1/2 weeks on Wednesday to reach its highest since April 1 at $49.63 a tonne, supported by gasoline demand and supply disruptions, industry sources said. Asia's gasoline crack surged nearly 18 percent to $7
On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,845. The traded value of Metals, Energy and COTS/FX was recorded at PKR 4.956 billion and the number of lots traded 7,363.
European wheat futures edged higher on Thursday, supported by a slight bounce in Chicago and brisk export activity in western Europe. Benchmark May milling wheat on Paris-based Euronext, settled 0.75 euro higher at 189.25 euros ($213.06) a tonne, although
Chicago Board of Trade wheat futures closed higher on Thursday on short-covering following a five-session slide and worries that wintry weather in the northern US Plains could curb spring wheat plantings, traders said. CBOT May soft red winter wheat settl
China's steel and iron ore futures closed higher on Thursday, resuming their climb after a one-day pause, supported by expectations that domestic demand will remain strong amid brisk construction activity in the world's biggest steelmaker.
The Karachi Port handled 149,106 tonnes of cargo comprising 61,752 tonnes of import cargo and 87,354 tonnes of export cargo including 8,817 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargos of 61,
Prices maintained a firm posture on the cotton market on Friday on sustained buying of best quality, dealers said. The official spot rate was unchanged at Rs 8,800, they added. In the ready session, 5000 bales of cotton finalised between Rs 7750-9000, the
Chicago Board of Trade soyabean futures closed lower on Thursday on disappointing weekly US export sales and rising estimates of South American soya harvests, traders said. CBOT May soyabeans settled down 6-3/4 cents at $8.95-1/4 a bushel. CBOT May soyame
Chicago Board of Trade corn futures ended lower on Thursday on disappointing weekly export sales data and expectations for ample old-crop corn inventories that could dampen concerns about US new-crop planting delays, traders said. CBOT May corn settled do
US stocks rose on Friday, lifting the S&P 500 above the 2,900 mark for the first time since early October, boosted by gains in Walt Disney shares and as bank stocks surged after strong results from JPMorgan.
The S&P 500 ended little changed on Thursday as growing anxiety over a global economic slowdown offset upbeat data and investors waited for earnings season to kick into high gear.
Tokyo's main Nikkei index closed higher on Friday as the dollar's rebound encouraged buying, but the broader Topix was down, with little fresh news to guide investors.
US Treasury yields rose on Thursday after generally solid data on US jobless claims and producer prices that may have eased worries about a steep downturn for the US economy.
US Treasury yields rose on Thursday after generally solid data on US jobless claims and producer prices that may have eased worries about a steep downturn for the US economy.
Indian shares ended higher on Friday, boosted by heavyweight ITC Ltd, but the indexes marked their first weekly fall in eight ahead of the fourth-quarter corporate results.
Shanghai stocks recouped losses to end flat on Friday, as better-than-expected exports brought some relief to investors looking for signs of stabilization in the world's second-largest economy.
European shares finished higher for a third straight day on Friday, with investor sentiment getting a boost from JP Morgan setting a strong start to US earnings and amid signs of stabilization in China's economy.
Hong Kong stocks reversed earlier losses to close higher on Friday after better-than-expected exports data on the mainland, and as data showed China banks extended far more-than-expected new yuan loans as Beijing strives to bolster growth.
Most Southeast Asian markets were subdued on Friday as China's imports in March shrank and expectations of a further slowdown in Beijing's economic growth curbed risk appetite, while the Malaysian index bucked the sombre mood to end firmer.
Gains in financial stocks and miners after some promising data from China and positive US bank earnings led Britain's FTSE 100 higher on Friday, while a plunge in revenue took down mid-cap online trading platform Plus500 and its peers.
French Finance Minister Bruno Le Maire warned on Friday that Europe was ready to hit back at any US tariffs against Airbus as he pleaded for an "amicable solution" to the long-running dispute.
The Amazon-Walmart battle for retail supremacy veered into a trash-talk phase on Thursday over worker pay and alleged tax shirking. Amazon was the provocateur of the latest dustup, which comes as the two companies battle increasingly hard for retail marke
The Amazon-Walmart battle for retail supremacy veered into a trash-talk phase on Thursday over worker pay and alleged tax shirking. Amazon was the provocateur of the latest dustup, which comes as the two companies battle increasingly hard for retail marke
Disney announced Thursday that its video streaming service would launch in the US in November, spotlighting its blockbuster-making studios as it takes on powerhouse Netflix. The company said that after launching in the US on November 12 at $6.99 per month
The Justice Department announced Friday that General Electric has agreed to pay $1.5 billion over subprime mortgages, finalizing a settlement on conduct prior to the 2008 financial crisis. GE had announced a preliminary agreement on the subprime case in J
China's imports plummeted in March while exports rose sharply, official data showed Friday, adding to worries about slowing growth in the world's number two economy amid a US trade war. Total imports sank 7.6 percent on-year last month while exports rose