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
On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,040. The traded value of Metals, Energy and COTS/FX was recorded at PKR 31.976 billion and the numbers of lots traded were 28,750.
Jordan's state grain buyer the trade ministry has issued an international tender to buy 120,000 tonnes of milling wheat which can be sourced from optional origins, European traders said on Thursday. The tender deadline is August 20. In recent months, Jord
Chicago Board of Trade (CBOT) wheat futures ended lower for a third session in a row, falling on spillover pressure from corn and soyabeans contracts on Thursday, traders said. CBOT September soft red winter wheat settled down 11-1/2 cents at $4.75-3/4 pe
Chicago Board of Trade (CBOT) corn futures fell for a second consecutive session on Thursday, to the lowest in months, on a more favourable weather outlook for US crops and news of new US tariffs on Chinese goods, traders said. CBOT September corn settled
India's gold demand is expected to soften in the September quarter as record high local prices dampen buying in the world's second biggest consumer of the precious metal, the World Gold Council (WGC) said on Thursday. The fall in consumption could weigh o
US natural gas futures extended gains on Thursday after soaring over 4% on Wednesday from a three-year low as meteorologists continued to forecast the weather would remain warmer than normal through mid August, which should keep air conditioning use high.
The Karachi Port handled 113,354 tonnes of cargo comprising 69,922 tonnes of import cargo and 43,432 tonnes of export cargo including 4,456 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargos of 69,
Selective buying was witnessed on the cotton market on Friday following the US President Donald Trump's announcement, in which he said that he will impose additional tariffs on Chinese imports, dealers said. The official spot rate was unchanged at Rs 8400
Chicago Board of Trade (CBOT) soyabean futures fell to a more than two-month low on Thursday, as traders shrugged off news about a small US soyabean sale to China. US soyabean futures dropped sharply after US President Donald Trump said on Twitter he woul
Indonesian authorities lifted a tsunami warning late Friday after a powerful earthquake earlier struck off the southern coast of heavily populated Java island.
Mozambique has started legal action against a French-Lebanese billionaire, Iskandar Safa, whose shipbuilding company is at the heart of a $2 billion debt scandal, officials said Friday. A source at the attorney general's office, in an emailed reply to AFP
Zimbabwe on Friday summoned the US ambassador to Harare to protest US travel sanctions imposed its envoy to Tanzania over his alleged role in a military crackdown that left six civilians dead last year.
Two men from Thailand's insurgency-hit south have been arrested and linked to several small bombs which rattled Bangkok Friday as it hosted a regional summit attended by US Secretary of State Mike Pompeo, leaving four people wounded but not disrupting the
America's top diplomat Mike Pompeo on Friday implored Southeast Asian nations to trust in US values, delivering a withering takedown of Chinese-style development, comments Beijing later swatted away as "meaningless". The secretary of state said decades of
Cash-strapped Cuba on Friday for the first time published details of its foreign exchange earnings from services such as telecommunications, hotels, health and education assistance, in an apparent concession to creditors.
Al-Qaeda gunmen killed 19 soldiers in an attack on an army base in southern Yemen Friday, security officials said, a day after deadly assaults by rebels and a jihadist bomber.
Bangladeshi twins who were joined at the head were recovering Friday after Hungarian surgeons performed a marathon 30-hour operation to separate their skulls and brains in the capital Dhaka. The twins, named Rabeya and Rukaya, turned three last month and
A Swedish court released US rapper A$AP Rocky on Friday pending the result of an assault trial that has caught the attention of US President Donald Trump and led fans to call for a boycott of Swedish brands like Ikea.
US President Donald Trump said Friday that Congressman John Ratcliffe, his nominee to be the next Director of National Intelligence, was withdrawing from consideration.
Indian shares reversed course and ended higher on Friday, led by gains in IT and auto stocks, after a media report said the government was discussing the tax surcharge on foreign portfolio investors (FPI) and its impact on markets. The Prime Minister's Of
Tokyo stocks opened sharply lower on Friday, with investor sentiment hit by global sell-offs over US President Donald Trump's new tariffs on China and the yen's rise against the dollar.
US stocks tumbled to one month lows on Friday after a sharp escalation in US-China trade tensions and a tepid July jobs report renewed fears of slowing economic growth and also raised bets of further interest rate cuts this year. President Donald Trump's
Wall Street fell again on Thursday, abruptly reversing early gains after US President Donald Trump put concerns about the US-China trade war back in the spotlight, tweeting that he would impose an additional 10% tariff on $300 billion in Chinese imports.
Australian shares closed at their lowest level in over a week on Friday, with mining stocks leading declines after US President Donald Trump said he will slap a 10% tariff on $300 billion of Chinese imports.
The US Treasury market rallied on Thursday with 10-year yields tumbling to their lowest levels since November 2016, as US President Donald Trump's threat to slap more duties on Chinese goods touched off a stampede for safe-haven government bonds.
The US Treasury market rallied on Thursday with 10-year yields tumbling to their lowest levels since November 2016, as US President Donald Trump's threat to slap more duties on Chinese goods touched off a stampede for safe-haven government bonds.
Hong Kong Exchanges and Clearing, operator of the Hong Kong stock exchange, said on Friday it has agreed with China's main bourses on the terms for making dual-class shares available to mainland investors using Stock Connect.
Chinese markets slumped on Friday, with investors rushing for cover after US President Donald Trump slapped fresh tariffs on China citing a lack of progress in their trade talks.
A slump in shares of automakers, miners and chipmakers led European stocks to their biggest losses in more than seven months on Friday after Washington's announcement of new tariffs on Chinese goods raised fears of a further hit to global growth.
Most Southeast Asian markets fell on Friday after US President Donald Trump vowed to levy 10% tariff on remaining $300 billion worth of Chinese goods, sparking fears of an escalation in the prolonged trade row.
UK shares plunged to their lowest in a over a month on Friday after US President Donald Trump threatened to hit China with more trade tariffs, while a Brexit-induced warning on targets knocked shares in Royal Bank of Scotland.
Canada posted a second consecutive trade surplus in June, though down compared to the previous month due to decreases in trade for crude oil and aircraft, Statistics Canada said Friday. The figure of Can$136 million ($103 million) was well short of analys
US oil giants Exxon Mobil and Chevron reported mixed results Friday, as lower oil and natural gas prices blunted the handsome production increases in the hot Permian Basin shale region. Shares of both companies lost value after the results, which were rel
Japan and South Korea rescinded each other's favoured export partner status on Friday and Seoul said it would review a military information agreement, as a long-running row between the US allies hit a new low. The two countries - both democracies and mark
Activity in Swiss industry in July dropped to its lowest level in a decade, an indicator showed on Friday, as the US-Sino trade war increasingly weighs on the country's export-reliant economy. The signal of an economic slowdown comes with the Swiss Nation
President Donald Trump and Britain's new Conservative prime minister, Boris Johnson, have discussed trade and the growing struggle for control of emerging 5G technology, the White House said Friday. In the call made Thursday, Trump and Johnson discussed "
Japanese car giant Toyota said Friday its first quarter net profit rose thanks to solid sales and cost cutting efforts, but it revised down full-year profit partly due to a stronger yen. The maker of the Camry sedan and Prius hybrid reported net profit of
Japanese car giant Toyota said Friday its first quarter net profit rose thanks to solid sales and cost cutting efforts, but it revised down full-year profit partly due to a stronger yen. The maker of the Camry sedan and Prius hybrid reported net profit of
US job growth slowed in July and manufacturers slashed hours for workers, which together with an escalation in trade tensions between the United States and China could give the Federal Reserve ammunition to cut interest rates again next month. The Labour
The trade war between the United States and China escalated on Friday as Beijing threatened to unleash "countermeasures" against US plans to impose tariffs on $300 billion in Chinese goods. President Donald Trump jolted global stock markets as he issued t
The world's number one batsman, Virat Kohli, said Friday that Cristiano Ronaldo remains the world's top footballer. Kohli, who tops the global batting rankings, said that the Portuguese goalscorer remains a superstar even at the age of 34. "For me, Cristi
Continuing with its mission of empowering Thari women by encouraging them to explore their talent, Thar Foundation Engro Powergen Thar Limited is sending two underprivileged Pakistani girls Jamna & Devi to Qingdao, China to take part in Gothia Football Wo
Pakistani pacer Hasan Ali has confirmed that he was getting married in a ceremony to be held in Dubai on August 20. Talking to media on Friday, Hasan Ali said he had met Samia a year ago at a dinner and they started talking. He said, "I spoke to my brothe
After 17 years playing for the top clubs in Europe, Brazil captain Dani Alves has decided to return home, signing a three-year deal with Sao Paulo. A free agent after his contract with French champions Paris Saint-Germain expired in June, Alves explained
A six-member delegation of Sri Lanka Cricket will be arriving here on August 6, to review the country's security situation ahead of their upcoming two-match Test series under the ICC World Test Championship. Pakistan is scheduled to host the Sri Lanka for
Rory Burns's unbeaten maiden Test century saw him defy Australia for more than six-and-a-half hours as he led a determined England batting effort in the Ashes opener at Edgbaston on Friday. England were 267-4 at stumps on the second day of the first Test,
Four players have been banned for life for match-fixing at the AFC Cup, the Asian Football Confederation said Friday. Kursanbek Sheratov from Kyrgyzstan was found guilty of fixing a match involving his club Dordoi FC in the 2017 AFC Cup, Asia's second-tie
West Indies called up Jason Mohammed on Friday as cover for the injured Andre Russell for this weekend's two T20 matches against India in the United States.
Sui Southern Gas Company (SSGC) was the first team to enter into the final of the 28th PFF National Challenge Football Cup after handing a shocking 1-0 defeat to spirited Wapda in the first semi-final being played here at Tehmas Khan Football Stadium on F
World number six Stefanos Tsitsipas struggled late but advanced to the ATP Washington Open quarter-finals on Thursday by defeating Australia's Jordan Thompson 6-3, 7-6 (7/4). The 20-year-old Greek top seed took the only break of the match to claim the fir
Middleweight world champion Canelo Alvarez has been stripped of his International Boxing Federation belt after failing to agree terms on a mandatory title defence, his promoter Oscar De La Hoya revealed on Friday. Alvarez, who also holds the World Boxing
The Japanese yen surged to a five-week high versus the dollar and a 2-1/2-year peak against the pound on Friday, after US President Donald Trump broke a truce in the Sino-US trade war, bolstering demand for safe-havens.
China's offshore yuan fell to its lowest in eight months on Friday and was close to a record low after US President Donald Trump's threat to impose new tariffs on Chinese imports.
The dollar weakened against the Japanese yen on Friday morning to a seven-month low after US employment growth in July slowed as expected, which along with re-escalated US-Chinese trade tensions, may make a case for the Federal Reserve to cut interest rat
The US dollar fell against the Japanese yen on Thursday afternoon after President Donald Trump said he would impose an additional 10% tariff on $300 billion worth of Chinese imports on Sept. 1.
The Australian and New Zealand dollars were on the ropes on Friday as the threat of new US tariffs against China, hammered risk assets and sent bond yields tumbling to all-time lows.
Latin American currencies fell on Friday as US-China trade tensions pulled investors away from riskier assets, but a smashing quarter from Brazilian state-run oil firm Petrobras helped Brazil stocks outperform regional indices.
Most Asian currencies tumbled on Friday as investors scrambled to safety after US President Donald Trump said he would slap more tariffs on Chinese goods, escalating trade tensions.
Sterling held close to 30-month lows against the dollar on Friday as a shrinking of Britain's ruling Conservative Party's majority in parliament added to worries over domestic politics three months before Britain is due to exit the European Union.
A 64-year-old Londoner was jailed for 18 weeks on Friday for phoning in death threats against members of parliament he thought were trying to delay Brexit, prosecutors said. Robert Vidler denied the charges, explaining to the police that he sometimes lent
Facebook and other sites Friday blocked access to a rap video about race in multi-ethnic Singapore that is under police investigation after authorities asked for the footage to be removed. The video shows an ethnic Indian comedian and YouTube star railing
The battle to combat climate change will "succeed or fail" based on what happens in Asia, where growing energy needs are increasing demand for fossil fuels, UN officials said Friday. The United Nations will host a key climate summit next month that has be
The Pentagon has put off awarding a $10 billion cloud computing contract sought by Amazon, saying Thursday that the process will be reviewed by the newly-appointed defense secretary. Amazon was considered a strong contender to provide technology for the J
Algerians descended on the capital in huge numbers Friday and called for "civil disobedience" for the first time in their months-long anti-regime campaign, despite a heavy police presence. "Civil disobedience is coming!" protesters shouted, as they marche
A German data protection official has convinced Google to stop human workers from listening to audio recorded by its digital assistant across the EU, after a leak showed staff could hear private conversations. "To provisionally protect the rights of priva
Hong Kong civil servants on Friday night kicked off a weekend of anti-government protests and unsanctioned rallies in defiance of warnings from China and after a prominent independence campaigner was arrested. The semi-autonomous southern Chinese city has
A campaigner who tackles youth suicide in South Korea, two journalists, and a human rights activist were named Friday among the winners of Asia's equivalent of the Nobel Prize, the Ramon Magsaysay Award. Kim Jong-ki, whose 16-year-old son took his life af
The European Union called Friday on Libya's warring sides to establish a permanent truce and return to UN-led talks to prepare for quick elections. Nearly 1,100 people have been reported killed since military strongman Khjalifa Haftar, based in eastern Li
President Donald Trump on Friday announced an agreement with Brussels on trade in American beef, long blocked from EU markets over concerns about use of hormones. "American beef is considered the best in the world," Trump said at the White House. The "bre