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Feb 01, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-05-15
Aussie, yuan rise in Asian trade
Exchange

Aussie, yuan rise in Asian trade

China's offshore yuan and the Australian dollar found their footing again on Tuesday as broader sentiment stabilised after US President Donald Trump said he expected Sino-US trade negotiations to be successful. Trump said earlier he would meet with Chines
Published 15 May, 2019 12:00am
Sohrab Club post victory in Ramadan Volleyball

Sohrab Club post victory in Ramadan Volleyball

Sohrab Club Mardan stunned Imran Club Charsadda in a marathon five sets battle in the ongoing third Ramadan Floodlight Volleyball Championship being played at Taru Jabba Village ground on Tuesday. Sohrab Club Mardan failed to click in the first two sets w
Published 15 May, 2019 12:00am
Federer cramming in Rome practice ahead of French Open

Federer cramming in Rome practice ahead of French Open

Roger Federer insisted Monday his focus at this week's Italian Open was on getting more match practice on clay ahead of the French Open in two weeks time. The 20-time Grand Slam winner has not played on the red clay in the Foro Italico since his third rou
Published 15 May, 2019 12:00am
Shadab Khan declared fit for the ICC event

Shadab Khan declared fit for the ICC event

After having successful treatment for an infection, all-rounder Shadab Khan has been declared fit for the upcoming International Cricket Council (ICC) World Cup, it has been learnt. Although, Shadab Khan was included in the final 15-member World Cup squad
Published 15 May, 2019 12:00am
International cricket gets first woman match referee
Cotton

International cricket gets first woman match referee

The International Cricket Council on Tuesday named G.S. Lakshmi as the first woman on the international panel of match referees, making her eligible to take control of men's games. The 51-year-old Lakshmi, who first officiated as a match referee in domest
Published 15 May, 2019 12:00am
Neymar scores name win in EU court ruling

Neymar scores name win in EU court ruling

Brazilian superstar Neymar scored a legal win on Tuesday as a top EU court ruled against a businessman who tried to claim copyright on the world's most expensive footballer's name.
Published 15 May, 2019 12:00am
Serena withdraws from Italian Open with knee problem

Serena withdraws from Italian Open with knee problem

Serena Williams withdrew from the Italian Open on Tuesday with a recurring left knee injury handing sister Venus a walkover into the third round. In Tuesday's statement the 23-time Grand Slam winner insisted she would still be competing in the French Open
Published 15 May, 2019 12:00am
SBP-PFA to wage joint efforts for football promotion in schools

SBP-PFA to wage joint efforts for football promotion in schools

Sports Board Punjab (SBP) and the Punjab Football Association (PFA) have decided to make joint efforts for promotion of football in schools across the province. This understanding was reached in a meeting between Director General Sports Punjab Nadeem Sarw
Published 15 May, 2019 12:00am
US import prices rise; underlying imported inflation weak
Cotton

US import prices rise; underlying imported inflation weak

US import prices rose less than expected in April as increases in the cost of petroleum and food were tempered by the largest decrease in the price of capital goods in 10 years, suggesting inflation could remain tame for a while. The report from the Labou
Published 15 May, 2019 12:00am
Floundering Thyssenkrupp plunges into red in Q2

Floundering Thyssenkrupp plunges into red in Q2

Struggling German conglomerate Thyssenkrupp plunged into the red in its second quarter, posting a net loss of 86 million euros ($96 million) on Tuesday following news that it will slash 6,000 jobs. The plunge into loss-making at the start of the year cont
Published 15 May, 2019 12:00am
Nissan profits hit 'rock bottom' as Ghosn weighs

Nissan profits hit 'rock bottom' as Ghosn weighs

Crisis-hit Japanese car company Nissan on Tuesday unveiled net profits at a near-decade low as it battles to recover after the shock arrest of its talismanic former boss Carlos Ghosn.
Published 15 May, 2019 12:00am
Jet Airways CEO quits

Jet Airways CEO quits

India's grounded Jet Airways said on Tuesday that its chief executive and its finance chief have quit, adding to gloom over the ailing carrier. The heavily indebted airline, which last month suspended all operations, said that chief executive Vinay Dube r
Published 15 May, 2019 12:00am
UK unemployment rate hits 45-year low

UK unemployment rate hits 45-year low

British unemployment has fallen to a 45-year low, official data showed Tuesday, with the economy holding up despite prolonged Brexit uncertainty. The unemployment rate eased to 3.8 percent in the three months to March - the lowest level since the final qu
Published 15 May, 2019 12:00am
Vodafone slashes dividend

Vodafone slashes dividend

British telecoms giant Vodafone announced Tuesday that it recorded a vast annual net loss of 7.6 billion euros ($8.5 billion), hit partly by tthe sale of its Indian assets The loss after tax in the 2018/2019 financial year to the end of March contrasted w
Published 15 May, 2019 12:00am
Vodafone sells New Zealand arm for $2.2 billion

Vodafone sells New Zealand arm for $2.2 billion

British telecoms giant Vodafone announced the sale of its wholly owned New Zealand subsidiary to an investment consortium Tuesday in a deal worth NZ$3.4 billion (US$2.2 billion). It said Vodafone New Zealand - the country's second-largest telecoms carrier
Published 15 May, 2019 12:00am
Disney assumes full control of Hulu under deal with Comcast

Disney assumes full control of Hulu under deal with Comcast

Walt Disney Co. said Tuesday it had reached an agreement to take "full operational control" of the streaming television service Hulu, effective immediately, under a deal with Comcast, which holds a 33 percent stake. The deal gives Comcast, a media and cab
Published 15 May, 2019 12:00am
South Africa unemployment rises

South Africa unemployment rises

South Africa's unemployment rate rose by half a percentage point to 27.6 percent, official data showed Tuesday, underlining the challenge facing President Cyril Ramaphosa after his ANC government won elections last week. The job losses focused on the cons
Published 15 May, 2019 12:00am
'Step-change' in energy investment needed to meet climate goals: IEA

'Step-change' in energy investment needed to meet climate goals: IEA

The world must double spending on renewable power and slash investment in oil and coal by 2030 to keep the Paris climate treaty temperature targets in play, the International Energy Agency (IEA) said Tuesday. For that to happen, however, trend lines on bo
Published 15 May, 2019 12:00am
FTSE 100 springs back as hopes of trade deal rise

FTSE 100 springs back as hopes of trade deal rise

British shares surged on Tuesday as investors grew optimistic about a US-China trade deal after US President Donald Trump vowed it would happen soon, while demand for vegan sausage rolls propelled baker Greggs to a record high.
Published 15 May, 2019 12:00am
SE Asian stocks end lower

SE Asian stocks end lower

Most Southeast Asia stock markets closed weaker on Tuesday, with the Philippine index leading the decline, after China's counter tariffs on US goods stoked an escalation in the months-long trade conflict between Washington and Beijing.
Published 15 May, 2019 12:00am
Australian, NZ shares lower

Australian, NZ shares lower

Australian shares closed at a one-month low on Tuesday, as investors abandoned equities for safe-haven assets due to escalating Sino-US trade tensions. China announced tariff increases on $60 billion of US goods on Monday in retaliation for Washington imp
Published 15 May, 2019 12:00am
European stocks regain ground; Commerzbank jumps

European stocks regain ground; Commerzbank jumps

European shares gained on Tuesday, recovering most of the previous session's losses, as optimistic comments from Washington and Beijing helped soothed investors' fears about the top two economies' intensifying trade spat.
Published 15 May, 2019 12:00am
China stocks weaken
Currency

China stocks weaken

Chinese stocks skidded further on Tuesday and the onshore yuan fell to its weakest level of the year as the Sino-US trade war intensified. Markets managed to claw up from early lows, however, with shares buoyed by suspected state-backed buying and comment
Published 15 May, 2019 12:00am
Indian shares snap losing spree

Indian shares snap losing spree

Indian shares snapped a nine-session losing spree to end higher on Tuesday, with pharmaceutical stocks among the top boost, a day after the country's retail inflation data brought hopes of a key interest rate cut in June. Annual retail inflation in April
Published 15 May, 2019 12:00am
US bond yields fall to six-week low

US bond yields fall to six-week low

US Treasury yields fell to six-week lows on Monday as investors piled into low-risk assets after China announced plans to impose additional tariffs on US-made goods in retaliation for a US increase in duties on Chinese imports on Friday. China's finance m
Published 15 May, 2019 12:00am
US bond yields fall to six-week low

US bond yields fall to six-week low

US Treasury yields fell to six-week lows on Monday as investors piled into low-risk assets after China announced plans to impose additional tariffs on US-made goods in retaliation for a US increase in duties on Chinese imports on Friday. China's finance m
Published 15 May, 2019 12:00am
Wall Street sinks as US-China trade war intensifies
Exchange

Wall Street sinks as US-China trade war intensifies

Wall Street sank on Monday after China defied Washington by announcing retaliatory tariffs, the latest salvo in the two countries' increasingly belligerent trade war, sending investors fleeing equities for less risky assets. All three major US indexes los
Published 15 May, 2019 12:00am
Tokyo stocks down

Tokyo stocks down

Tokyo stocks fell for a seventh consecutive session on Tuesday, extending losses on global markets as the US-China trade war escalated. The benchmark Nikkei 225 index lost 0.59 percent, or 124.05 points, to close at 21,067.23, while the broader Topix inde
Published 15 May, 2019 12:00am
Saudi market edges up, Dubai snaps losing streak

Saudi market edges up, Dubai snaps losing streak

Saudi Arabia's stock market was choppy on Tuesday after an announcement by the government on armed drones attacking oil pumping stations in Riyadh wiped out early gains. Saudi stocks nudged higher, then went into reverse and closed up just 0.1 percent. Th
Published 15 May, 2019 12:00am
US warns EU over 'poison pill' defence plans
Exchange

US warns EU over 'poison pill' defence plans

The United States has sent a stern warning to the European Union that its plans to boost defence cooperation within the bloc could unravel decades of transatlantic cooperation and damage NATO. A May 1 letter from two of President Donald Trump's top defenc
Published 15 May, 2019 12:00am
Possible suicide pact in macabre German crossbow murders

Possible suicide pact in macabre German crossbow murders

Investigators were on Tuesday pursuing leads that five mysterious deaths, including three by crossbow bolts, may have been a murder-suicide pact among Germans with a reported passion for medieval folklore and weaponry. Police probing the initial triple de
Published 15 May, 2019 12:00am
Walmart speeds up delivery in race with Amazon

Walmart speeds up delivery in race with Amazon

Retail colossus Walmart on Tuesday began offering free next-day deliveries of online purchases, aiming to counter rival Amazon in the race to get orders to consumer doorsteps. One-day delivery option became available for an array of merchandise for sale a
Published 15 May, 2019 12:00am
Snapchat chief says EU regulators helping Google, Facebook

Snapchat chief says EU regulators helping Google, Facebook

The head of Snapchat warned European regulators on Tuesday that their efforts to protect user data were entrenching the positions of internet giants such as Google and Facebook. Snap CEO Evan Spiegel's comments in London came three months after the UK par
Published 15 May, 2019 12:00am
Yemen rebels hand security of Hodeida ports to 'coastguard': UN

Yemen rebels hand security of Hodeida ports to 'coastguard': UN

Yemen's Huthi rebels have handed over security of key Red Sea ports to the "coastguard" but much work remains to remove military equipment, the UN said Tuesday. The rebel pullback is part of a hard-won truce agreement struck in Sweden in December between
Published 15 May, 2019 12:00am
Britain, New Zealand failing on children's rights: global survey

Britain, New Zealand failing on children's rights: global survey

Britain and New Zealand are failing on children's rights, scoring lower than war-torn Syria and North Korea relative to their wealth in rankings released Tuesday by a children's group. "Appalling" discrimination against migrant children and a lack of lega
Published 15 May, 2019 12:00am
Monsanto ordered to pay $2 billion in latest Roundup blow

Monsanto ordered to pay $2 billion in latest Roundup blow

In a third major legal blow to Bayer-owned Monsanto and its weedkiller Roundup, a jury in California has ordered the chemicals giant to pay more than $2 billion in damages to a couple that sued on grounds the product caused their cancer, lawyers said. The
Published 15 May, 2019 12:00am
WhatsApp urges update after 'serious' security breach

WhatsApp urges update after 'serious' security breach

WhatsApp on Tuesday encouraged its users to upgrade the app to plug a security breach that allowed sophisticated attackers to sneak spyware into phones, in the latest trouble for its parent Facebook.
Published 15 May, 2019 12:00am
US MIDDAY: gold off one-month peak
Exchange

US MIDDAY: gold off one-month peak

Gold retreated from a one-month high hit earlier on Tuesday as stock markets and the dollar took heart after the United States and China agreed to keep negotiations going to end their prolonged trade war. Spot gold was 0.3% lower at $1,295.18 per ounce as
Published 15 May, 2019 12:00am
US MIDDAY: corn, soya rally

US MIDDAY: corn, soya rally

US corn futures climbed more than 3% on Tuesday and soyabeans bounced back from a decade low as planting delays in the Midwest crop belt sparked a round of short-covering, analysts said. Additional support stemmed from optimistic comments from Washington
Published 15 May, 2019 12:00am
Gold retreats in Europe
Exchange

Gold retreats in Europe

Gold retreated from a one-month high hit earlier on Tuesday as stock markets and the dollar took heart after the United States and China decided to keep negotiating a trade deal, which has rattled financial markets for months. Spot gold was 0.4% lower at
Published 15 May, 2019 12:00am
Gold steadies in Asia
Exchange

Gold steadies in Asia

Gold prices held near one-month highs on Tuesday as an escalation in the Sino-US trade dispute sent investors looking for safe-haven assets. Spot gold was trading steady at $1,298, as of 0737 GMT, after hitting $1,303.26, its highest since April 11. US go
Published 15 May, 2019 12:00am
Gold climbs in New York
Exchange

Gold climbs in New York

Gold prices climbed and were on track for their best day in nearly three months on Monday as investors sought a safe haven from market turmoil triggered by China announcing that it will retaliate over levies imposed by the Trump administration. Spot gold
Published 15 May, 2019 12:00am
Arabica coffee futures extend rebound, raw sugar up

Arabica coffee futures extend rebound, raw sugar up

Arabica coffee futures on ICE rose on Tuesday, extending a rebound from a recent 13-year low, while raw sugar prices were marginally higher. July arabica coffee futures were 1.30 cents, or 1.45%, higher at 90.90 cents per lb by 1421 GMT, pulling away from
Published 15 May, 2019 12:00am
Malaysian palm oil jumps over 1 percent
Exchange

Malaysian palm oil jumps over 1 percent

Malaysian palm oil futures rose more than 1% for a second day of gains on Tuesday, supported by a weaker ringgit and expectated higher demand in May. The ringgit, palm's currency of trade, weakened by 0.2% against the dollar on Tuesday evening. A weaker r
Published 15 May, 2019 12:00am
Tokyo rubber slides
Exchange

Tokyo rubber slides

Tokyo Commodity Exchange (TOCOM) futures slid on Tuesday, along with Shanghai futures, amid growing concerns that demand for commodities would suffer from an escalation of Sino-US tariff war. The benchmark TOCOM rubber contract for October delivery finish
Published 15 May, 2019 12:00am
Copper rebounds on bargain hunting, trade tensions weigh
Exchange

Copper rebounds on bargain hunting, trade tensions weigh

Copper rebounded on Tuesday as investors emboldened by solid supply and demand fundamentals sought bargains after tit-for-tat trade tariffs between the United States and China triggered a fall in prices. China said on Monday that it would impose higher ta
Published 15 May, 2019 12:00am
Cotton regains from near three-year low
Cotton

Cotton regains from near three-year low

Cotton prices on Tuesday recovered from a near three-year low hit earlier in the session on renewed optimism that a trade war between China and the United States will be resolved and as poor weather delayed planting progress in the United States. The most
Published 15 May, 2019 12:00am
Saudi Aramco bets on oil supply to Europe, trading expansion

Saudi Aramco bets on oil supply to Europe, trading expansion

Saudi Aramco aims to boost its oil supply to Europe by 300,000 barrels per day (bpd) within the next two years as it expands its trading operations there with an office opening this summer in London, a senior company executive said. Aramco, the world's bi
Published 15 May, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 15 May, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 15 May, 2019 12:00am
State Bank of Pakistan conversion rates
Exchange

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 15 May, 2019 12:00am
Barclays bid rates and maximum rates for payment of interest
Exchange

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 15 May, 2019 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (May 14, 2019).

Published 15 May, 2019 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (May 14, 2019).
Published 15 May, 2019 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (May 14, 2019).

Published 15 May, 2019 12:00am
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