News Archives for Print - 2022-08-25

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Print - 2022-08-25

Commodities

Aluminium rises on smelter closures

LONDON: Aluminium prices rose on Wednesday as smelter closures reduced supply, but analysts said that any rally is...

Published 25 Aug, 2022 07:32am

Commodities

Gold steadies as dollar stalls

NEW YORK: Gold steadied on Wednesday as the dollar gave up some gains from earlier in the session, while investors...

Published 25 Aug, 2022 07:31am

Grains

US corn steadies after hitting two-month high

CHICAGO: US corn futures steadied after hitting their highest in nearly two months on Wednesday, underpinned by...

Published 25 Aug, 2022 07:29am

Stocks

Wall Street advances, with all eyes on Jackson Hole

NEW YORK: Wall Street rose modestly on Wednesday, supported by gains in Salesforce and Intuit while investors ...

Published 25 Aug, 2022 07:27am

Cotton & Textile

Cotton market remains steady

LAHORE: The local cotton market on Wednesday remained steady and the trading volume was satisfactory. Cotton ...

Published 25 Aug, 2022 07:26am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (August 24, 2022)....

Published 25 Aug, 2022 07:24am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 109,770 tonnes of cargo comprising 79,738 tonnes of import cargo and 30,032 tonnes...

Published 25 Aug, 2022 07:23am

Energy

Asia Naphtha Gasoline crack dips as US stocks rise

NEW DELHI: Asia’s gasoline crack declined on Wednesday after U.S. inventories rose and crude oil benchmarks...

Published 25 Aug, 2022 07:22am

Commodities

Iron ore hits one-week high on China demand hopes

SINGAPORE: China’s iron ore prices gained more ground on Wednesday, with the market jumping to a one-week high on...

Published 25 Aug, 2022 07:21am

USA

Dry pastures force Texas ranchers to slaughter ever more cows

CROCKETT: With almost all of Texas in drought, ranchers are sending ever more cattle off to slaughter, a trend ...

Published 25 Aug, 2022 07:20am

Commodities

PMEX daily trading report

KARACHI: On Tuesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 18.672...

Published 25 Aug, 2022 07:15am

eCIB: FPCCI urges SBP to decrease reflection period in view of current economic situation

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President, Irfan Iqbal Sheikh has urged...

Published 25 Aug, 2022 07:14am

Court suspends Thai PM Prayut from office

BANGKOK: Thailand’s Constitutional Court suspended Prime Minister Prayuth Chan-ocha on Wednesday after accepting a...

Published 25 Aug, 2022 07:06am

LHC suspends amount of FPA qua petitioners

LAHORE: The Lahore High Court on Wednesday suspended the amount of Fuel Price Adjustment (FPA) qua petitioners and...

Published 25 Aug, 2022 07:01am

Firing of supersonic missile: Pakistan rejects India’s purported closure of incident

ISLAMABAD: Pakistan rejected India’s purported closure of the incident of the firing of a supersonic missile into...

Published 25 Aug, 2022 07:00am

Expats’ voting rights: SC removes objections to IK’s and others’ petitions

ISLAMABAD: The Supreme Court removed the objections on Pakistan Tehreek-e-Insaf(PTI) Chairman Imran Khan’s and...

Published 25 Aug, 2022 06:42am

‘PM Flood Relief Fund’ established

ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb on Wednesday appealed to everyone to donate...

Published 25 Aug, 2022 06:42am

Joint flood relief efforts: Planning minister urges CMs, AJK PM to devise plan

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal wrote letters to the chief...

Published 25 Aug, 2022 06:39am

Flood toll tops 800 in country’s ‘catastrophe of epic scale’

ISLAMABAD: Record monsoon rains were causing a “catastrophe of epic scale”, country’s climate change minister...

Published 25 Aug, 2022 06:36am

Karachi, Hyderabad: ECP postpones 2nd phase of LG polls

ISLAMABAD: Election Commission of Pakistan (ECP), Wednesday, decided to postpone the polls in the seven districts of...

Published 25 Aug, 2022 06:33am

July CAD shrinks 45pc to $1.2bn MoM

KARACHI: Pakistan’s current account deficit (CAD) for July 2022 narrowed by 45 percent on month-on-month basis to...

Published 25 Aug, 2022 06:32am

Middle East

Iran says received US response on final nuclear proposal

TEHRAN: Iran received Wednesday a response from the United States to its proposals on a final European Union draft...