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Print - 2019-05-09
India among favourites to win World Cup, says Kapil Dev

India among favourites to win World Cup, says Kapil Dev

Former captain Kapil Dev Wednesday pegged India as one of the top three favourites to win the World Cup, which starts later this month, saying their pace bowling would come good in seaming English conditions. India open their campaign against South Africa
Published 09 May, 2019 12:00am
Smith's classy 89 not enough as NZ win World Cup warm-up

Smith's classy 89 not enough as NZ win World Cup warm-up

Will Young stroked a masterful 130 to steer an under-strength New Zealand to a seven-wicket win over Australia in a World Cup practice match Wednesday, outshining a classy unbeaten 89 from Steve Smith. The visitors chased down their 278 target with 10 bal
Published 09 May, 2019 12:00am
Nadal makes perfect start in bid for sixth Madrid title

Nadal makes perfect start in bid for sixth Madrid title

Rafael Nadal made the perfect start to his bid for a sixth Madrid Open title on Wednesday by beating Canadian teenager Felix Auger-Aliassime in straight sets. Nadal has endured a turbulent few weeks after slipping to surprise defeats in both Monte Carlo a
Published 09 May, 2019 12:00am
Shoaib Malik rejoining team

Shoaib Malik rejoining team

Shoaib Malik will rejoin the Pakistan cricket team in Southampton on Thursday (today) and will be available for selection for the second One-Day International against England to be played on Saturday (May 11). Shoaib Malik was granted 10 days by the Pakis
Published 09 May, 2019 12:00am
Disgraced Russia footballers sentenced to prison

Disgraced Russia footballers sentenced to prison

A Moscow court on Wednesday found Russian footballers Pavel Mamaev and Alexander Kokorin guilty of hooliganism over a night of drunken assaults and sentenced them to a year and a half in prison. Mamaev received a sentence of one year and five months, whil
Published 09 May, 2019 12:00am
Liverpool 'giants' stun Barca to make Champions League final

Liverpool 'giants' stun Barca to make Champions League final

Liverpool produced one of the most stunning comebacks in Champions League history to beat Barcelona 4-0 and progress to the final for the second consecutive year on Tuesday as stand-in striker Divock Origi and substitute Georginio Wijnaldum both scored tw
Published 09 May, 2019 12:00am
Russian 'identity fraud' athlete handed 12-year drugs ban

Russian 'identity fraud' athlete handed 12-year drugs ban

A Russian athlete who infamously used the identity of a friend to circumnavigate her country's state-sponsored doping suspension was on Wednesday handed a 12-year ban, the Athletics Integrity Unit (AIU) announced. Kseniya Savina, 29, underwent an out-of-c
Published 09 May, 2019 12:00am
Chinese trade officials coming to US 'to make a deal': Trump

Chinese trade officials coming to US 'to make a deal': Trump

Chinese trade officials intend to "make a deal" when they arrive in Washington this week for talks, President Donald Trump said Wednesday, reviving hopes for negotiations that had appeared to hang by a thread.
Published 09 May, 2019 12:00am
UK annual house price growth hits two-year high

UK annual house price growth hits two-year high

British annual house price growth picked up more than expected last month to hit its highest in over two years, mortgage lender Halifax said on Wednesday, contrasting with other signs of a muted housing market.
Published 09 May, 2019 12:00am
Trump taxes show losses of $1.17 billion over decade

Trump taxes show losses of $1.17 billion over decade

US President Donald Trump on Wednesday dismissed as a "Fake News hit job" a report that he accumulated $1.17 billion in losses over a decade starting in 1985 when he was promoting himself as a master dealmaker. Trump did not directly acknowledge the losse
Published 09 May, 2019 12:00am
Google bucks soaring smartphone prices with new Pixel

Google bucks soaring smartphone prices with new Pixel

Google bucked the soaring smartphone price trend Tuesday, unveiling a high-performance Pixel handset aimed at the middle of the market as part of a wide-ranging pitch to developers of its new hardware, software and privacy efforts.
Published 09 May, 2019 12:00am
Google bucks soaring smartphone prices with new Pixel

Google bucks soaring smartphone prices with new Pixel

Google bucked the soaring smartphone price trend Tuesday, unveiling a high-performance Pixel handset aimed at the middle of the market as part of a wide-ranging pitch to developers of its new hardware, software and privacy efforts.
Published 09 May, 2019 12:00am
UK hits historic coal-free landmark

UK hits historic coal-free landmark

Britain has managed a week of powering electricity without using coal for the first time since 1882, it revealed Wednesday as the country targets zero carbon emissions. "Great Britain has now officially gone a full week without coal!!!," tweeted the Natio
Published 09 May, 2019 12:00am
Report casts fresh doubt on India's growth figures

Report casts fresh doubt on India's growth figures

A government agency report has cast fresh doubts on India's economic growth figures, in a blow to Prime Minister Narendra Modi as he seeks re-election in ongoing polls. Data compiled by India's National Sample Survey Office (NSSO) found that there were si
Published 09 May, 2019 12:00am
China's exports fall ahead of crucial trade talks

China's exports fall ahead of crucial trade talks

China's exports fell more than expected in April while imports rose, official data showed Wednesday ahead of high-stakes talks aimed at resolving a trade war with the United States. The world's two leading economies face a possible make-or-break moment wh
Published 09 May, 2019 12:00am
Toyota annual net profit drops by a quarter

Toyota annual net profit drops by a quarter

Profits at Japanese car giant Toyota hit the skids despite record sales, the company admitted Wednesday, although it said it expected to accelerate out of trouble in the year ahead. The maker of the Camry sedan and Prius hybrid said net profit was down 24
Published 09 May, 2019 12:00am
Toyota annual net profit drops by a quarter

Toyota annual net profit drops by a quarter

Profits at Japanese car giant Toyota hit the skids despite record sales, the company admitted Wednesday, although it said it expected to accelerate out of trouble in the year ahead. The maker of the Camry sedan and Prius hybrid said net profit was down 24
Published 09 May, 2019 12:00am
Facebook picks London for WhatsApp payment base

Facebook picks London for WhatsApp payment base

Facebook has chosen London as its base for a payment system on WhatsApp, its mobile messaging service confirmed Wednesday, highlighting the capital's attractiveness as a fintech hub despite Brexit strains. The Financial Times said that WhatsApp would hire
Published 09 May, 2019 12:00am
New Zealand cuts interest rate to record low on slowing growth

New Zealand cuts interest rate to record low on slowing growth

New Zealand's central bank cut interest rates to a record low Wednesday, the first reduction in two-and-a-half years as policymakers look to provide support in the face of slowing economic growth. The move comes as central banks around the world take a mo
Published 09 May, 2019 12:00am
Hopes of trade dispute resolution underpin FTSE 100

Hopes of trade dispute resolution underpin FTSE 100

Britain's FTSE 100 ended higher on Wednesday as investors welcomed indications from Washington that it and Beijing could be closer to a trade deal, though the mood remained wary and dull earnings updates kept a lid on gains. The main index inched 0.2 perc
Published 09 May, 2019 12:00am
Southeast Asian stocks largely end lower

Southeast Asian stocks largely end lower

Most Southeast Asian stock markets closed weaker on Wednesday, as concerns of an escalation in the Sino-US trade dispute reflected a reprice in global growth prospects, while the Philippine index rebounded to close marginally higher. Chinese Vice Premier
Published 09 May, 2019 12:00am
European shares buoyed by improved US-China trade hopes

European shares buoyed by improved US-China trade hopes

European shares rose on Wednesday from the previous session's more than one-month closing low on positive sentiment underpinned by easing fears over the path ahead for US-China trade ties and strong results from some German firms. Resolute earnings from S
Published 09 May, 2019 12:00am
China stocks slide

China stocks slide

China stocks eased on Wednesday as foreign investors sold shares on fears of an escalation in trade spat between Beijing and Washington, but cheaper valuation and central bank support kept losses in check. At the midday break, the Shanghai Composite index
Published 09 May, 2019 12:00am
Nikkei tumbles to five-week low

Nikkei tumbles to five-week low

Japan's Nikkei tumbled to a five-week low on Wednesday morning as fears there might be a breakdown in US-China trade negotiations continued to pull down cyclical stocks. Investors were spooked by a sell-off in Wall Street overnight where its Dow Jones Ind
Published 09 May, 2019 12:00am
Australian, New Zealand shares slump

Australian, New Zealand shares slump

Australian shares fell on Wednesday tracking losses on Wall Street and with energy firms dragging the index lower as intensifying trade tensions between the United States and China pummelled investor confidence. The S&P/ASX 200 index dropped 0.6 percent,
Published 09 May, 2019 12:00am
Treasury yields fall on trade jitters

Treasury yields fall on trade jitters

US Treasury yields fell on Tuesday with longer-dated yields hitting five-week lows as worries about renewed trade tension between China and the United States and its impact on global economic growth spurred safe-haven demand for bonds. A demand pickup for
Published 09 May, 2019 12:00am
Treasury yields fall on trade jitters

Treasury yields fall on trade jitters

US Treasury yields fell on Tuesday with longer-dated yields hitting five-week lows as worries about renewed trade tension between China and the United States and its impact on global economic growth spurred safe-haven demand for bonds. A demand pickup for
Published 09 May, 2019 12:00am
Indian shares fall

Indian shares fall

Indian shares fell on Wednesday, tracking broader Asian equities, with investors switching to safe-haven government bonds as risk appetite was dented on worries of an unsuccessful US-China trade negotiation. Chinese Vice Premier Liu He will travel to Wash
Published 09 May, 2019 12:00am
Wall Street slides as US-China trade fears rise

Wall Street slides as US-China trade fears rise

US stocks slid on Tuesday as escalating trade tensions between the United States and China triggered global growth fears and drove investors away from riskier assets. The Dow Jones Industrial Average posted its second-biggest daily percentage drop of the
Published 09 May, 2019 12:00am
Wednesday's early trade: Wall Street struggles for direction

Wednesday's early trade: Wall Street struggles for direction

US stocks flitted between gains and losses on Wednesday, as investors digested a mixed flow of news on trade, ahead of a critical round of talks between the United States and China. China's top trade negotiator, Vice Premier Liu He, is due to visit Washin
Published 09 May, 2019 12:00am
Global trade tensions, Ramadan dent appetite for Gulf stocks

Global trade tensions, Ramadan dent appetite for Gulf stocks

The Egyptian blue-chip index slid sharply to its worst day in six months on Wednesday, mirroring weak global sentiment, while Saudi Arabia's index fell, pressured by global tensions and investors retreating from markets during the Muslim holy month of Ram
Published 09 May, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 09 May, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 09 May, 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 09 May, 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 09 May, 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 Wednesday (May 08, 2019).

Published 09 May, 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 Wednesday (May 08, 2019).

Published 09 May, 2019 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (May 08, 2019).
Published 09 May, 2019 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (May 08, 2019).

Published 09 May, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (May 08, 2019).

Published 09 May, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (May 08, 2019).

Published 09 May, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (May 08, 2019).

Published 09 May, 2019 12:00am
Trump unveils Iran mining sanctions

Trump unveils Iran mining sanctions

US President Donald Trump targeted Iran's steel and mining sectors Wednesday in his latest tough sanctions but said that he "someday" hoped to negotiate face-to-face with the clerical regime. The announcement came hours after Iran said it was suspending s
Published 09 May, 2019 12:00am
Trump unveils Iran mining sanctions

Trump unveils Iran mining sanctions

US President Donald Trump targeted Iran's steel and mining sectors Wednesday in his latest tough sanctions but said that he "someday" hoped to negotiate face-to-face with the clerical regime. The announcement came hours after Iran said it was suspending s
Published 09 May, 2019 12:00am
Iran rolls back nuclear pledges

Iran rolls back nuclear pledges

Iran announced on Wednesday it was relaxing some curbs to its nuclear programme, announcing steps that stop short of violating its 2015 deal with world powers for now, but threatening more action if countries do not shield it from US sanctions.
Published 09 May, 2019 12:00am
Iran rolls back nuclear pledges

Iran rolls back nuclear pledges

Iran announced on Wednesday it was relaxing some curbs to its nuclear programme, announcing steps that stop short of violating its 2015 deal with world powers for now, but threatening more action if countries do not shield it from US sanctions.
Published 09 May, 2019 12:00am
Four cops among 10 martyred in blast outside Data Darbar

Four cops among 10 martyred in blast outside Data Darbar

At least 10 people including four constables of Punjab Elite Force were martyred and over two dozen people sustained injuries as a suicide attacker blew himself up when security officials intercepted him for checking outside the Data Darbar on Wednesday m
Published 09 May, 2019 12:00am
Four cops among 10 martyred in blast outside Data Darbar

Four cops among 10 martyred in blast outside Data Darbar

At least 10 people including four constables of Punjab Elite Force were martyred and over two dozen people sustained injuries as a suicide attacker blew himself up when security officials intercepted him for checking outside the Data Darbar on Wednesday m
Published 09 May, 2019 12:00am