Most Southeast Asian stock markets closed in the red on Thursday amid cautious mood as market participants awaited high-level Sino-US trade talks to begin, while Philippines ended over 1% firmer.
Gulf stocks were largely flat on Thursday as a media report lowered expectations for a breakthrough in talks between the United States and China aimed at resolving a trade dispute.
Moody's Investors Service on Thursday cut its growth forecast for India for the fiscal year that began in April to 5.8% from 6.2% and said a weaker growth outlook will dampen the prospects for fiscal consolidation.
Asia Pacific economies are expected to slow this year due to uncertainty around US-China trade tensions and slowdowns in major global economies could further hurt the region's exports, a World Bank report said on Thursday.
European Central Bank governors were divided as never before over their decision last month to re-launch "quantitative easing" (QE) mass bond-buying, an official account of the meeting showed Thursday, underscoring an already bitter public debate.
US consumer prices were unchanged in September and underlying inflation retreated, supporting expectations the Federal Reserve will cut interest rates in October for the third time this year amid risks to the economy from trade tensions.
Britain's economy looks to have dodged recession in the run-up to its deadline for leaving the European Union this month but the pace of growth has sagged as exporters felt the impact of the slowing world economy, official data showed on Thursday.
Hit by wide-ranging US sanctions, Iran's economy is expected to contract by 8.7% in the financial year 2019/20 mainly due to constraints on its oil and gas industry, the World Bank said.
The US Treasury announced sanctions Thursday on South Africa's Gupta family and associate Salim Essa, calling them a "significant corruption network" that dispersed bribes and misappropriated millions in state funds.
Senate Standing Committee on Cabinet Secretariat on Thursday directed National Electric Power Regulatory Authority (Nepra) to submit a detailed report on causalities in power Distribution Companies (Discos) and Karachi-Electric (KE) during recent torrenti
Pakistan Thursday warned the world community against pushing the South Asia into the arms race following France delivered its first Rafale fighter aircraft to India out of 36 purchased by the neighbouring country.
Under the early age childhood education programme first state-of-the-art classroom has been inaugurated. KP Education Minister Zia Ullah Khan Bangash while addressing the inaugural ceremony in government girls No.3 Hayatabad Peshawar said that as per the
FIATA is the world's largest organisations representing the global logistics and transportation industry. It has over 125 member countries and represents around 50,000 logistic companies employing approx 10 million people across 150 countries.
Hameed Haroon, President and Sarmad Ali, Secretary General of the All Pakistan Newspapers Society have expressed profound grief on behalf of APNS office bearers and members of the Executive Committee over the sad demise of Mrs Zareena Begum, mother-in-law
The Supreme Court was informed on Thursday that Justice Qazi Faez Isa is "ostensible" owner of three foreign properties as his family members purchased the assets at a time when they had no independent sources of income. In his reply Attorney General of P
The National Assembly Standing Committee on Overseas Pakistanis and Human Resource Development Thursday stressed the need for adopting a comprehensive strategy to boost manpower export to earn more foreign remittances. "Enhancing the manpower export to ot
Special Assistant to Prime Minister on Poverty Alleviation and Social Protection and Chairperson BISP Dr Sania Nishtar has said that series of policy initiatives and measures are being taken to turn BISP into a model of good governance.
Pakistan's three-match T20 series have ended on a gloomy note for the top-ranked T20 side, but the visitors termed Pakistan as safe country and hailed security measures.
Pakistan Socca Team Wednesday left for Crete, Greece to participate in the second edition of Six-a-side Socca World Cup, which will run from October 12 to 20. Pakistan has been placed in Group 'H' along with Slovenia, Germany, Hungary and Romania. Pakista
Test Cricketer Mohammad Rizwan will lead Khyber Pakhtunkhwa team in the forthcoming Pakistan Twenty20 Cricket Cup to be commencing at Iqbal Stadium, Faisalabad from October 13-24, 2019.
Top seed Aysegul Mert (TUR), and second Seed Arina Valitova (RUS) will vie for the top honor in the Girls Singles Final when both players eliminated their opponents in straight sets in the semi-finals.
US natural gas futures slid on Wednesday on expectations for lower demand, while investors awaited the weekly storage report, in anticipation of a above-normal storage injection. Front-month gas futures for November delivery on the New York Mercantile Exc
A kind of firmness prevailed on the cotton market on Thursday as mills showed interest in fresh buying of lint, dealers said. The official spot rate was unchanged at Rs 8750, they added. In ready session, over 11,000 bales of cotton changed hands between
The Karachi Port handled 213,569 tonnes of cargo comprising 143,130 tonnes of import cargo and 70,439 tonnes of export cargo including 8,294 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday.
China's steel futures eased for a second day on Wednesday as a sluggish real estate market weighed on the demand outlook, while a pick-up in steel inventory last week also weighed. Property sales in Beijing during the week-long holiday between Oct. 1 and
Chicago Board of Trade corn futures ended modestly lower on Wednesday, retreating after the lead December contract hit its highest in nearly two months, as traders squared positions a day ahead of a monthly US government crop report.
Euronext wheat futures rose to a two-month high on Wednesday as export demand and technical support kept prices firm ahead of closely watched US crop data.
Chicago Board of Trade soyabean futures closed higher on Wednesday, supported by optimism about increased Chinese purchases as well as fears that a winter storm in the Upper Midwest could threaten late-maturing crops.
On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,117. The traded value of Metals, Energy and COTS/FX was recorded at PKR 3.913 billion and the numbers of lots traded were 6,439.
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
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
