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
Gwadar Port Authority (GPA) and China Overseas Ports Holding Company Pakistan (Pvt.) Ltd. (COPHC) expresses the sincere gratitude to the supreme leadership of the Islamic Republic of Pakistan, Honorable President Dr. Arif Alvi, Prime Minister Imran Khan,
On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,128. The traded value of Metals, Energy and COTS/FX was recorded at PKR 5.342 billion and the numbers of lots traded were 7,972. Major business was contributed by Gold a
Chicago Board of Trade corn futures fell on Thursday, with the benchmark December contract sliding more than 3% after the US Department of Agriculture surprised traders by raising its estimate of the US 2019 corn yield. CBOT December corn settled down 14
Asia's naphtha crack hit a one-year high of $92 a tonne on Thursday while timespread and spot premiums were at more than 6-year highs as a supply crunch deepened. The inter-month timespread, the price difference between the second-half of November and the
Euronext wheat futures edged lower on Thursday, consolidating below a two-month high struck a day earlier as traders waited for fresh direction from US government crop forecasts. Grain markets are bracing for the US Department of Agriculture's October cro
US natural gas futures slipped to a six-week low on Thursday following the release of a report showing a bigger than usual storage build last week. The US Energy Information Administration (EIA) said utilities added 98 billion cubic feet (bcf) of gas to s
The Karachi Port handled 184,488 tonnes of cargo comprising 137,166 tonnes of import cargo and 47,322 tonnes of export cargo including 6,295 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargos of 13
Steady trend was witnessed on the cotton market on Friday in the process of the improved trading activity, dealers said. The official spot rate was unchanged at Rs 8750, they added. In ready session, over 14,000 bales of cotton changed hands between Rs 80
China's iron ore futures bounced back on Thursday, hitting a three-week high, on hopes that talks between China and the United States would result in settlement of some disputes. The most-traded iron ore contract on the Dalian Commodity Exchange, for Janu
Every year World Mental Health Day is observed on October 10 to spread awareness regarding various mental health issues among masses. This year, the focus is on suicide prevention.
Khyber Pakhtunkhwa Mines and Minerals department has confiscated semi-expensive minerals "Nephrite" in its operation at Prang Ghar Tehsil of district Mohmand.
Special Assistant to Prime Minister on Poverty Alleviation and Social Protection and Chairperson BISP Dr Sania Nishtar briefed the Board on the governance and transparency improvement measures introduced in the Programme. She termed the signing of the ban
The Lahore High Court on Friday dismissed petition of singer Meesha Shafi against dismissal of her complaint by Punjab ombudsperson and the governor against actor Ali Zafar on sexual harassment charges. Ms Shafi through a counsel had pleaded that the ombu
Khyber Medical University (KMU) being the admitting university announced the online application process for admissions in MBBS and BDS programmes session 2019-20 in all private sector medical/dental colleges of Khyber Pakhtunkhwa.
President of Sarhad Chamber of Commerce and Industry, Engr Maqsood Anwar Pervaiz and Ambassador of Portugal to Pakistan, Paulo Neves Pocinho agreed to make joint efforts to give boost to mutual trade and economic relations between Pakistan and Portugal.
The National Institute of Cardiovascular Diseases (NICVD) on Thursday said they were going to resume their Left Ventricle Assist Device (LVAD) insertion program shortly after training of their technicians, paramedics and nursing staff for the 'post-operat
The newly reconstructed and remodeled 'Mucca&Rustom Cowasjee Emergency Wing' at The Kidney Centre boasts a state-of-the-art ER. Operational round the clock with thirteen beds, the ER has the latest high tech equipment, including six dialysis machines, an
Fire on Friday erupted in legal department of Sindh Secretariat, reducing the official documents and other valuables to ash, rescue services said. The legal department of the Sindh government situated at the second floor of the Soon after the fire, the fi
A roundtable titled, "Dynamics of Forced Migration in Pakistan: Addressing Internal Displacement & Refugee Movements" was convened by the NUST Centre for International Peace & Stability (CIPS) in collaboration with the Hanns Seidel Foundation (HSF), Pakis
Pakistan's poultry industry is producing more than 17,500 million table eggs per annum against per capita consumption of 88 eggs annually. The developed countries consume 300 eggs per capita per annum. Recent nutrition survey results from World Bank revea
Digital solutions deployed by the Securities and Exchange Commission of Pakistan (SECP) made companies registration and post incorporation compliance simple, faster and cost effective. In September 2019, 96% of companies registered online through SECP's e
Around 389,071 students have benefited from various projects, workshops, trainings and startups under the Ministry of Information Technology and Telecommunication during the last one year. The ministry released this data here on Friday where the performan
China stocks rose on Friday to end the four-session week higher, as investors cheered signs of progress in the ongoing US-China trade talks. The blue-chip CSI300 index rose 1.0%, to 3,911.73, while the Shanghai Composite Index closed up 0.9% at 2,973.66.
Indian shares closed higher on Friday as optimism over US-China trade negotiations whetted investor appetite for riskier assets. Software services company Infosys Ltd reported a slight dip in its September-quarter results. Rival Tata Consultancy Services
The Nikkei's benchmark index struck its highest in over a week on Friday as the safe-haven yen eased on hopes of progress in US-China trade talks, and Seven & I Holdings, Japan's largest convenience store operator, gained sharply on restructuring plans.
Wall Street rose for the third straight session on Friday, with hopes running high that the talks between President Donald Trump and Chinese Vice Premier Liu He would culminate in a partial trade deal and delay planned US tariff increases.
US stocks rose on Thursday on hopes that top-level US-China trade talks would yield at least a partial deal, while a jump in Apple's shares also boosted the market. Top US and Chinese negotiators met on Thursday for the first time since late July to try t
Sri Lankan stocks rose for the sixth straight session on Friday to hit their five-week high led by banking and beverage shares, but foreign investors exited from risky assets with the start of presidential poll campaigning. The rupee currency ended weaker
Treasury yields rose Thursday on optimism for a resolution to the US-China trade war as the two countries began a new round of negotiations in Washington, alleviating some worries over slowing economic growth. Top US and Chinese officials met on Thursday
Australian shares ended higher on Friday, notching their best weekly gain since late August, as encouraging signs from US-China trade talks stirred hopes that a trade deal may be reached. The S&P/ASX 200 index firmed 0.9% or 59.7 points to 6,606.8.
European shares were on a tear on Friday as a surprise breakthrough in Brexit negotiations drove UK-focused London-listed companies and the Irish index about 4% higher, while German shares logged their best day in nine months. London-listed companies with
Hong Kong stocks staged a strong rally on Friday to end the week higher, bolstered by signs of progress in the two-day Sino-US trade negotiations. The Hang Seng index ended up 2.3% at 26,308.44, while the China Enterprises Index gained 2.3% to 10,452.58 p
Hopes that Britain will seal a Brexit deal saw unloved London-listed companies with exposure to the domestic economy rise more than blue-chip stocks on Friday, for the first time since May, in a major reversal of fortunes. JP Morgan's UK domestic plays in
London-listed companies with exposure to the domestic economy soared on Friday for their best day in nearly a decade as hopes that Britain can seal a Brexit deal triggered explosive gains and a major reversal of fortunes for the much-shunned UK market.
British inventor James Dyson has dropped out of the race to produce electric cars in the face of stiff competition and after criticism of the Brexit-backing billionaire's decision to build the vehicle in Singapore.
A fire at a French chemical factory which deposited a blanket of oily soot on plants for miles around, had cost farmers an estimated 40 to 50 million euros ($44-55 million), the agriculture minister said Friday.
Bill McDermott, the American chief executive of massive German business software maker SAP, will quit after a decade in charge, the company said in a surprise statement Friday. McDermott "has decided not to renew his contract and is stepping down from his
India's industrial output shrank at its fastest rate in more than six years in August, reflecting the impact of an economic slowdown that could prompt the central bank to cut its key policy rate for the sixth time in December.
Improved safeguards and working hours are needed to protect labourers in Qatar from the effects of heat and humidity, the United Nations said Friday, as it published new research.
Europe's busiest train station, Paris' bustling Gare du Nord, may get a much-needed facelift after a government tribunal Friday approved part of a 600-million-euro ($663-million) plan to enlarge and modernise the 155-year-old edifice.
Should a new crisis erupt on world markets, non-US banks will struggle to cover their debts, which have increased since the global financial crisis, the International Monetary Fund warned Friday. And despite efforts to shore up the US banking system - in
A deal has been brokered to save the manufacturers of London's iconic red double decker buses from liquidation, the firm's owner said Friday. "Following intensive overnight negotiations between the two parties agreement has been reached in principle over
Canada reported strong employment figures Friday with its general election just 10 days away. The economy created 54,000 jobs in September and the unemployment rate dropped 0.2 point to 5.5 percent, Statistics Canada said.
The Federal Reserve on Friday announced a new program to boost liquidity in the US financial plumbing and allow the central bank to better manage interest rates, but without changing monetary policy.