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
Saudi Arabian shares closed higher for a second straight session on Thursday as banks rallied, while Dubai was dragged down by its top lender Emirates NBD.
Japan's stock benchmark Nikkei pulled back on profit-taking on Thursday, a day after rallying to more than 10-month highs, as investors waited for signs of progress on US-China trade talks and Brexit negotiations.
Wall Street lost ground on Wednesday as weak US economic data and simmering geopolitical tensions spooked buyers away from the equities market, despite a string of generally positive third-quarter earnings reports.
Indian shares ended higher on Thursday, led by gains in auto and state-owned bank stocks, as investors cheered Britain and the European Union agreeing on a new divorce deal.
US Treasury yields fell on Wednesday after data showed that US retail sales fell for the first time in seven months in September, adding to concerns that the US economy is slowing.
Australian shares snapped a five-session rally to end lower on Thursday, dragged by miners as iron ore prices continued to slide on worries over Chinese demand.
China's major stock indexes ended roughly flat on Thursday in thin trading, as caution prevailed as investors awaited more details on a proposed Sino-US trade deal. The blue-chip CSI300 index rose 0.1%, to 3,925.22, while the Shanghai Composite Index slip
European shares edged lower on Thursday, as strong earnings from Sweden's Ericsson were offset by fading optimism over the Brexit deal amid investor worries about its support in the British parliament.
Hong Kong stocks climbed to end at a one-month high on Thursday, on hopes that more stimulative measures would be rolled out to bolster the island city's growth amid months-long protests.
Singapore's shares fell on Thursday after the city-state reported dismal export figures, while most Southeast Asian stock markets slipped as investors awaited more details on the first phase of the Sino-US trade deal.
A surge in sterling and the rally in Britain's domestically exposed stocks fizzled on Thursday as investors braced for a showdown in the UK parliament over the new Brexit deal agreed between Brussels and London.
Lebanon on Thursday announced a new tax on internet calls made through messaging applications, a move meant to boost the cash-strapped state's revenues but which sparked widespread user outrage.
China will remove business restrictions on foreign banks, brokerages and fund management firms, a cabinet meeting chaired by Premier Li Keqiang said on Wednesday, state television reported.
Morgan Stanley capped quarterly earnings from big US banks with a higher-than-expected profit on strength in bond trading and M&A advisory, easing concerns that market turmoil would weigh on banks' Wall Street-related businesses.
General Motors' proposed agreement to end a labor strike includes a wage increase and faster transition to fulltime status for temporary workers but permanently shuts four plants, according to a union summary released Thursday.
International Business Machines Corp missed Wall Street estimates for quarterly revenue on Wednesday, as its global technology services unit was hit by weakness in some European markets, sending its shares down 5% in extended trading.
China said Thursday that its negotiators have "accelerated efforts" to hammer out the details of a partial deal with the United States, as the two sides edge towards an agreement in a lingering trade war.
Australian employment boasted another solid gain in September while the jobless rate dipped for the first time in seven months as fewer people went looking for work, a tentative hint of a much-needed tightening in the labour market.
IMF chief Kristalina Georgieva welcomed news that Britain has reached a deal to leave the European Union but cautioned Thursday the details remain to be seen.
Uncertainty from abroad will continue to weigh on the German economy into 2020, Berlin said Thursday as it slashed its growth forecast while hinting that it might budge slightly on long-demanded stimulus measures.
US homebuilding tumbled from more than a 12-year high in September, but single-family home construction rose for a fourth straight month, suggesting the housing market remains supported by lower mortgage rates even as the economy is slowing.
All-rounder Mitchell Marsh is set to miss the opening Test against Pakistan after fracturing his right hand punching a wall, with Australian coach Justin Langer branding him "an idiot".
Germany is out of title race after Pakistan players put up a brave fight and conceded a close 2-3 defeat - which was not enough for the defending champion to stay in the run for title of 2nd Socca World Cup, underway in Crete Greece.
American boxer Patrick Day died Wednesday after suffering a serious brain injury during his knockout defeat to Charles Conwell last weekend, promoter Lou DiBella said in a statement.
Pakistan all-rounder Shoaib Malik will join Johannesburg-based Jozi Stars for the latter stages of the Mzansi Super League Twenty20 tournament this season.
Their Royal Highnesses (TRH) the Duke and Duchess of Cambridge Thursday visited the Pakistan Cricket Board (PCB)'s state-of-the-art National Cricket Academy in the first-ever visit to the home of Pakistan cricket by any British royals.
The pound tumbled on Thursday on deepening uncertainty over Brexit after the party that backs Prime Minister Boris Johnson's minority government said it could not support the deal that he and the EU are proposing. The leadership of Northern Ireland's Demo
The euro rallied to its highest levels in nearly two months against the dollar on Thursday after the European Union and Britain struck a Brexit deal. Though the deal remains to be ratified by British lawmakers, traders briefly sent the British pound and t
The US dollar fell against the euro on Thursday as the common currency got a lift from the European Union and Britain striking a long-awaited Brexit deal. Britain clinched an eleventh-hour deal on its exit from the EU on Thursday, more than three years af
The US dollar fell across the board on Wednesday as dismal US retail sales data painted a gloomy picture of the economy and supported the case for further interest rate cuts by the Federal Reserve. The dollar index, which measures the US currency against
The Australian dollar hopped higher on Thursday after solid local jobs data led investors to trim the chance of a cut in interest rates next month, though futures still favoured December for a move. The Aussie gained 0.4% to $0.6785 and edged away from th
Most Asian currencies strengthened on Thursday due to overnight weakness in dollar after a fall in US retail sales, while lingering hopes of a Sino-US trade deal also lent support to the export-reliant regional units. The Taiwanese dollar led the gains in
The pound weakened on Thursday after Northern Ireland's Democratic Unionist Party said it could not support a Brexit deal proposed by Prime Minister Boris Johnson and the European Union, though it traded close to a five-month high. DUP leaders said in a s
South Africa's rand firmed on Thursday after the country's cabinet approved the promulgation of its long-delayed plan for electricity generation amid nationwide power cuts by state utility Eskom. At 1535 GMT, the rand was 1% firmer at 14.7900 per dollar.
On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,134. The traded value of Metals, Energy and COTS/FX was recorded at PKR 5.839 billion and the numbers of lots traded 7,017. Major business was contributed by Gold amoun
Chicago Board of Trade soyabean futures closed lower on Wednesday on uncertainty surrounding US-China trade negotiations, along with seasonal pressure from the expanding Midwest harvest, traders said. CBOT November soyabeans settled down 6 cents at $9.28
Chicago Board of Trade wheat futures closed higher on Wednesday on technical buying and news that Egypt bought 405,000 tonnes of wheat at its latest international tender, traders said. CBOT December soft red winter wheat settled up 6-1/4 cents at $5.13-1/
Euronext wheat futures were higher on Wednesday, supported by an Egyptian tender that shifted the market's focus back towards export demand. Benchmark December milling wheat on Paris-based Euronext settled 1.75 euros, or 1.0%, higher at 180.00 euros ($199
US natural gas futures fell on Wednesday after hitting technical resistance on forecasts for warmer weather and lower heating use next week than previously expected and the return of inventories to normal levels for the first time in over two years. Front
The Karachi Port handled 97,905 tonnes of cargo comprising 53,191 tonnes of import cargo and 44,714 tonnes of export cargo including 2,983 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargos of 53
Firmness prevailed on the cotton market on Thursday in the process of trading activity, dealers said. The official spot rate was unchanged at Rs 8900, they added. In ready session, 17,000 bales of cotton changed hands between Rs 7800-9100, they said. Rate
Benchmark Dalian iron ore futures slumped more than 3% to their lowest in six weeks on Wednesday, after China's top steelmaking city of Tangshan issued a second-level smog alert that requires mills to further limit operations. The Dalian Commodity Exchang
Pro-democracy lawmakers were dragged out of Hong Kong's legislature by security guards on Thursday after they heckled the city's pro-Beijing leader for a second day running, the latest outburst of political rancour in the strife-torn city. Chief Executive
Luxury brand Dior has become the latest company to apologise to China over a perceived insult to national sovereignty, saying Thursday it "cherishes the feelings of the Chinese people". The French luxury brand found itself in hot water after using a map o