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Print - 2019-07-27
PM decides to get tough on anti-government propaganda

PM decides to get tough on anti-government propaganda

In order to counter the "propaganda" of political victimization by enraged opposition members against the arrest of their leadership in corruption cases, Prime Minister Imran Khan on Friday directed the concerned minister to expose their "lies". The prime
Published 27 Jul, 2019 12:00am
Hong Kong protesters rally at airport to 'educate' visitors

Hong Kong protesters rally at airport to 'educate' visitors

Thousands of Hong Kongers, including flight attendants, held a rally in the airport's arrivals hall on Friday to "educate" visitors about the demonstrations currently gripping the international finance hub as it braces for another weekend of protests. The
Published 27 Jul, 2019 12:00am
Cuban cardinal who fostered thaw with US dies
Exchange

Cuban cardinal who fostered thaw with US dies

The cardinal who played a key role in improving ties between Cuba and the United States during the administration of Barack Obama died on Friday at the age of 82, the archbishop of Havana said.
Published 27 Jul, 2019 12:00am
Brazil calls on BRICS to heed 'cries' of Venezuelans

Brazil calls on BRICS to heed 'cries' of Venezuelans

Brazil's Foreign Minister Ernesto Araujo on Friday pleaded with the country's partners in the BRICS group of emerging economies to heed the "cries" of Venezuelans and work together to end the crisis. Araujo made the remarks at a meeting with his counterpa
Published 27 Jul, 2019 12:00am
European wheat futures edge higher

European wheat futures edge higher

European wheat futures in Paris edged higher on Thursday, boosted by a diminishing crop outlook in top exporter Russia, although gains were limited by talk that harvests in France and Germany could be larger than expected. Benchmark December milling wheat
Published 27 Jul, 2019 12:00am
Fears of more rains and forward buying pushes cotton rates up
Cotton

Fears of more rains and forward buying pushes cotton rates up

Fears of further monsoon rains in cotton belt and forward buying pushed the rates higher on the cotton market on Friday, dealers said. The official spot rate after a little pause, gained Rs 50 to Rs 8700, they added. In ready session, over 10,000 bales of
Published 27 Jul, 2019 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 139,676 tonnes of cargo comprising 97,123 tonnes of import cargo and 42,553 tonnes of export cargo including 4,068 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargos of 97,
Published 27 Jul, 2019 12:00am
US natgas futures up after storage build in line with estimates
Exchange

US natgas futures up after storage build in line with estimates

US natural gas futures were up almost 1% on Thursday after paring gains following the release of a government report showing a smaller than usual storage gain that was in line with estimates. The US Energy Information Administration said utilities added j
Published 27 Jul, 2019 12:00am
China's coking coal edges up on demand outlook
Exchange

China's coking coal edges up on demand outlook

Coking coal futures in China edged higher on Thursday on expectations that spot prices of the steelmaking raw material will remain strong, supported by brisk demand as the world's largest steel producer ramps up output. The most-active September coking co
Published 27 Jul, 2019 12:00am
Asia's gasoline recovers but naphtha falls further

Asia's gasoline recovers but naphtha falls further

Asia's gasoline crack recovered from a near one-month low on Thursday to reach a two-session high of $5.02 a barrel, supported by drawdown in stocks. Singapore's onshore light distillates stocks, which comprise mostly gasoline and blending components for
Published 27 Jul, 2019 12:00am
CBOT wheat climbs

CBOT wheat climbs

Chicago Board of Trade (CBOT) wheat futures climbed for a second straight session on Thursday, bolstered by support of strong weekly export sales and forecasts of a smaller world crop, traders said. CBOT September soft red winter wheat ended the day up 1-
Published 27 Jul, 2019 12:00am
CBOT soyabean futures slide

CBOT soyabean futures slide

Chicago Board of Trade (CBOT) soyabean futures fell on Thursday after the US Department of Agriculture released its weekly export sales report that disappointed analysts. CBOT August soyabeans closed the day down 8-1/2 cents to $8.82-1/2 a bushel. New-cro
Published 27 Jul, 2019 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,106. The traded value of Metals, Energy and COTS/FX was recorded at PKR 19.803 billion and the numbers of lots traded were 18,657. Major business was contributed by NSDQ
Published 27 Jul, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

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

New York cotton

The following were the fluctuations observed during the day:

Published 27 Jul, 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 27 Jul, 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 27 Jul, 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 Friday (July 26, 2019).

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

Money Market Report

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

Spot dollar rates

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

Published 27 Jul, 2019 12:00am
CCP annuls invitation of EoIs for Kerosene Marker Programme

CCP annuls invitation of EoIs for Kerosene Marker Programme

The Competition Commission of Pakistan (CCP) through an order has held the entire process of procurement undertaken by the Oil Companies Advisory Council (OCAC) for procurement of Fuel Marking Company in violation of Section 4 of the Competition Act, 2010
Published 27 Jul, 2019 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

The rupee depicted mixed patterns against the dollar on the money market on Friday in process of trading activity, dealers said.
Published 27 Jul, 2019 12:00am
Tax base, social safety: IMF EDs hail government initiatives

Tax base, social safety: IMF EDs hail government initiatives

Adviser to the Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh and State Bank of Pakistan (SBP) Governor Reza Baqir have an interactive session with the executive directors of the International Monetary Fund (IMF) from G-7 countries (ie, the
Published 27 Jul, 2019 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

The rupee depicted mixed patterns against the dollar on the money market on Friday in process of trading activity, dealers said.
Published 27 Jul, 2019 12:00am
Tax base, social safety: IMF EDs hail government initiatives

Tax base, social safety: IMF EDs hail government initiatives

Adviser to the Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh and State Bank of Pakistan (SBP) Governor Reza Baqir have an interactive session with the executive directors of the International Monetary Fund (IMF) from G-7 countries (ie, the
Published 27 Jul, 2019 12:00am
Tax base, social safety: IMF EDs hail government initiatives

Tax base, social safety: IMF EDs hail government initiatives

Adviser to the Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh and State Bank of Pakistan (SBP) Governor Reza Baqir have an interactive session with the executive directors of the International Monetary Fund (IMF) from G-7 countries (ie, the
Published 27 Jul, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 26, 2019).

Published 27 Jul, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 26, 2019).

Published 27 Jul, 2019 12:00am
The Weather

The Weather

The weather report on Friday (July 26, 2019) and the forecast for Saturday (July 27, 2019).

Published 27 Jul, 2019 12:00am
India celebrates Kargil defeat?

India celebrates Kargil defeat?

India's army chief 'warned' Pakistan on Friday that it would get a "bloodied nose" if there was a repeat of a bloody battle which took place 20 years ago. Amidst renewed tensions between the nuclear-armed neighbours, General Bipin Rawat 'cautioned' Pakist
Published 27 Jul, 2019 12:00am
US, Guatemala sign agreement on asylum

US, Guatemala sign agreement on asylum

The United States and Guatemala inked an immigration asylum agreement Friday, President Donald Trump said, days after he threatened to slap tariffs on the small Central American country if it did not sign on.
Published 27 Jul, 2019 12:00am
US, Guatemala sign agreement on asylum

US, Guatemala sign agreement on asylum

The United States and Guatemala inked an immigration asylum agreement Friday, President Donald Trump said, days after he threatened to slap tariffs on the small Central American country if it did not sign on.
Published 27 Jul, 2019 12:00am
Irfan Siddiqui arrested

Irfan Siddiqui arrested

Irfan Siddiqui, ex-adviser to former prime minister Nawaz Sharif was nabbed in Islamabad, Aaj News reported late on Friday night. Islamabad police has taken Siddiqui into custody for violation of Tenancy Act. Police said he had not submitted the details
Published 27 Jul, 2019 12:00am
Irfan Siddiqui arrested

Irfan Siddiqui arrested

Irfan Siddiqui, ex-adviser to former prime minister Nawaz Sharif was nabbed in Islamabad, Aaj News reported late on Friday night. Islamabad police has taken Siddiqui into custody for violation of Tenancy Act. Police said he had not submitted the details
Published 27 Jul, 2019 12:00am
Erdogan phones PM, discusses Kashmir, Afghan issues
Exchange

Erdogan phones PM, discusses Kashmir, Afghan issues

President of Turkey Recep Tayyip Erdogan Friday telephoned Prime Minister Imran Khan and both the leaders discussed the bilateral ties and developments in the region including the Indian Occupied Kashmir as well as ongoing efforts for Afghan peace. Presid
Published 27 Jul, 2019 12:00am
Erdogan phones PM, discusses Kashmir, Afghan issues
Exchange

Erdogan phones PM, discusses Kashmir, Afghan issues

President of Turkey Recep Tayyip Erdogan Friday telephoned Prime Minister Imran Khan and both the leaders discussed the bilateral ties and developments in the region including the Indian Occupied Kashmir as well as ongoing efforts for Afghan peace. Presid
Published 27 Jul, 2019 12:00am
US House panel seeks grand jury evidence to assess Trump impeachment

US House panel seeks grand jury evidence to assess Trump impeachment

The Democratic-led US House Judiciary Committee asked a federal court on Friday for access to grand jury evidence from the Mueller probe that lawmakers say they need to determine whether to begin impeachment proceedings against President Donald Trump. A 5
Published 27 Jul, 2019 12:00am