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اردو

Apr 19, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Latest News

All Markets Business & Finance World Pakistan

Markets

Gold price per tola increases Rs500 in Pakistan

Gold rates increased in the local and international markets on Friday. In Pakistan, gold price per tola stood at...

Published 19 Apr, 2024 04:04pm

Markets

‘Reform’ package more important than size of next programme, says IMF

The International Monetary Fund (IMF) urged Pakistani authorities to accelerate the pace of reforms, as the country...

Published 19 Apr, 2024 03:26pm

Sports

Julian Nagelsmann to remain Germany national football coach till 2026

BERLIN: German national team coach Julian Nagelsmann has signed a contract extension to remain in post until at...

Published 19 Apr, 2024 03:17pm

World

Dubai airport limits arriving flights amid storm backlog

DUBAI: Dubai’s main airport said on Friday it is limiting the number of flights arriving for two days, as it...

Published 19 Apr, 2024 03:12pm

Perspectives

‘Canadian dream’: is it really as appealing for Pakistanis as it used to be?

Popularised by the best-seller, Epic America (1931), the term American dream became synonymous with the story of...

Published 19 Apr, 2024 03:07pm

Markets

Netflix slips after stopping subscriber tally report, downbeat Q2 revenue forecast

Netflix’s shares fell as much as 6.22% to $572.58 in premarket trading on Friday after the company unexpectedly said...

Published 19 Apr, 2024 02:58pm

Pakistan

Pakistan aims to agree outline of new IMF loan in May: Finance Minister

Bulk of Pakistan's bilateral debt is being rolled over, Aurangzeb says

Published 19 Apr, 2024 02:57pm

World

Russia’s Shoigu says tank production is booming

MOSCOW: Russian Defence Minister Sergei Shoigu said on Friday that the country was ramping up manufacturing of tanks...

Published 19 Apr, 2024 02:52pm

Markets

Sterling wavers as markets gauge reported Israeli attack on Iran

LONDON: The pound was little changed on Friday after falling to a five-month low against the dollar in Asian trading...

Published 19 Apr, 2024 02:50pm

Life & Style

Louis Vuitton holds ‘Voyager’ fashion show in Shanghai

SHANGHAI: Louis Vuitton debuted its newly-labelled ‘Voyager’ travelling show in Shanghai on Thursday night, showing...

Published 19 Apr, 2024 01:56pm

Life & Style

Alec Baldwin’s criminal case hinges on a Wild West revolver

TAOS, New Mexico: A Colt .45 ‘Peacemaker’ revolver, a symbol of the American Wild West, is at the center of actor...

Published 19 Apr, 2024 01:48pm

World

G7 identified ‘specific steps’ to help Ukraine, Kuleba says

CAPRI: Foreign ministers from the Group of Seven (G7) major democracies have identified “specific steps” needed to...

Published 19 Apr, 2024 01:44pm

Markets

Ugandan shilling marginally higher as demand slumps

KAMPALA: The Ugandan shilling was marginally stronger on Friday amid a general slump in appetite for hard currency...

Published 19 Apr, 2024 01:42pm

Markets

Russian rouble little changed against the dollar

MOSCOW: The Russian rouble was little changed against the dollar on Friday. By 0735 GMT, the rouble was 0.07% lower...

Published 19 Apr, 2024 01:41pm

Markets

Europe’s STOXX drops to 1-month low on geopolitical woes; L’Oreal shines

European stocks dropped on Friday to their lowest levels in more than one month after a ramp-up in Middle East...

Published 19 Apr, 2024 01:40pm

Markets

Euro zone bond yields fall after reports of Israel attack on Iran

LONDON: Euro zone bond yields fell on Friday as investors tried to reduce risk before the weekend after reports of...

Published 19 Apr, 2024 12:43pm

Markets

UK stocks dip on Middle-East woes, set for weekly declines

British stocks opened lower on Friday due to caution over the escalating tensions in the Middle East, while domestic...

Published 19 Apr, 2024 12:41pm

Sports

Chelsea’s ‘Cold Palmer’ heating up ahead of Man City reunion

LONDON: Chelsea forward Cole Palmer has emerged as a Player of the Year contender thanks to a dazzling campaign that...

Published 19 Apr, 2024 12:20pm

Technology

Meta releases beefed-up AI models

SAN FRANCISCO: Meta on Thursday introduced an improved AI assistant built on new versions of its open source Llama...

Published 19 Apr, 2024 12:15pm

Markets

Pakistan hopes for Moody’s rating upgrade as economic indicators improve

Last year, Moody's downgraded Pakistan’s credit rating to ‘Caa3’

Updated 19 Apr, 2024 02:30pm

Sports

O’Sullivan eyes eighth snooker world title amid more retirement talk

LONDON: Ronnie O’Sullivan may be the most gifted snooker player of his generation, but even the prospect of winning...

Published 19 Apr, 2024 12:05pm

World

CIA warns Ukraine could lose war this year without fresh aid

WASHINGTON: The CIA chief warned Thursday that Ukraine could lose the war to Russia by the end of this year unless...

Published 19 Apr, 2024 12:01pm

World

Deep wounds in Sri Lanka five years since Easter massacre

COLOMBO: Sri Lanka marks on Sunday five years since Islamist bombers slaughtered 279 people in the island’s...

Published 19 Apr, 2024 11:53am

World

Dubai rains provide ‘opportunity to enhance emergency response systems’: Crown Prince

Sheikh Hamdan says he is closely monitoring situation to address challenges that emergency response teams faced

Published 19 Apr, 2024 11:51am

World

US embassy in Israel tells employees to limit movement

OCCUPIED JERUSALEM: The United States embassy in Israel on Friday told its employees and their families to restrict...

Published 19 Apr, 2024 11:47am

World

ASEAN ‘deeply concerned’ by escalating Myanmar violence

BANGKOK: Regional bloc ASEAN said it is “deeply concerned” about a recent upsurge in fighting in Myanmar, after...

Published 19 Apr, 2024 11:46am

World

Three killed, 20 injured in Russian strikes on southern Ukraine

KYIV: Russian strikes overnight killed three people and injured 20 in the southern Dnipropetrovsk region, Ukrainian...

Published 19 Apr, 2024 11:36am

World

Threatened by Russia, will the EU do enough to fund defence?

BRUSSELS: As Russian forces push back outgunned Ukrainian troops and conflict rocks the Middle East, calls are...

Published 19 Apr, 2024 11:33am

Markets

Stocks recover after Israeli strikes on Iran, KSE-100 gains

The Pakistan Stock Exchange (PSX) recovered after some initial pressure as the benchmark KSE-100 index gained over...

Updated 19 Apr, 2024 12:39pm

Markets

Gold set for fifth weekly gain as geopolitical risks buoy demand

Gold prices rose on Friday, on track for their fifth weekly gain, with investors gravitating towards safe-haven...

Published 19 Apr, 2024 11:12am

Pakistan

Aurangzeb pitches bankable projects to attract Saudi, UK investments

Federal Minister for Finance and Revenue Muhammad Aurangzeb, in his meetings with officials of Saudi Arabia and...

Updated 19 Apr, 2024 04:10pm

World

India begins voting in gigantic election as Modi seeks historic third term

KAIRANA/CHENNAI: India began voting on Friday in the world’s largest election as Prime Minister Narendra Modi seeks...

Published 19 Apr, 2024 11:06am

Markets

US bonds rally on reports of Middle East missile strike

SINGAPORE: US Treasuries rallied sharply as news reports of explosions in Iran and a possible Israeli missile strike...

Published 19 Apr, 2024 11:03am

Markets

Indian rupee likely to drop to record low on escalating Middle East tensions

MUMBAI: The Indian rupee is expected to open at a lifetime low against the US dollar on Friday, in the wake of a...

Published 19 Apr, 2024 10:59am

Technology

Bitcoin slides below $60,000 on reports Israel strikes Iran

Cryptocurrencies fell heavily and bitcoin broke below $60,000 on Friday in a rush out of risky assets following...

Published 19 Apr, 2024 10:57am

Markets

Palm oil snaps five-day decline on oil surge, eyes weekly loss

SINGAPORE: Malaysian palm oil futures snapped a five-day losing streak on Friday amid a jump in oil prices, even as...

Published 19 Apr, 2024 10:55am

Markets

India bond yields seen steady as traders eye debt supply

MUMBAI: Indian government bond yields are expected to stay largely unchanged in early trading on Friday, as market...

Published 19 Apr, 2024 10:53am

Markets

Wheat futures jump more than 3% on reports of Israeli strike on Iran

CANBERRA: Chicago soybean, corn and wheat futures rose on Friday after reports that Israeli missiles had hit a site...

Published 19 Apr, 2024 10:47am

Markets

Tokyo’s Nikkei index tumbles 3% in morning trade

TOKYO: Tokyo’s key Nikkei index plunged more than three percent in morning trade on Friday, following falls in tech...

Updated 19 Apr, 2024 12:02pm

Markets

Australia, NZ dollars slide on reports of Israeli strikes on Iran, bonds rally

SYDNEY: The Australian and New Zealand dollars tumbled on Friday as media reports of Israeli strikes on Iran spurred...

Published 19 Apr, 2024 10:42am

Markets

JGB yields sink on reports of escalation in Middle East

TOKYO: Japanese government bond (JGB) yields fell sharply on Friday as reports of a possible missile strike drove...

Published 19 Apr, 2024 10:39am

Markets

China’s yuan hits 5-month low on renewed Middle East tensions

SHANGHAI: China’s yuan weakened to a five-month low against the dollar on Friday, pressured by reports of an Israeli...

Published 19 Apr, 2024 10:35am

Technology

Apple pulls WhatsApp, Threads from China app store after Beijing order

Apple said on Friday it had removed Meta Platforms’ WhatsApp and Threads from its App Store in China after being...

Published 19 Apr, 2024 10:31am

Markets

Intra-day update: rupee gains against US dollar

Currency hovers at 278-279 level in the inter-bank market

Published 19 Apr, 2024 10:28am

Sports

Exit from Europe can help Liverpool focus on league, says Klopp

Liverpool’s elimination from the Europa League quarter-finals can help them focus on their Premier League title...

Published 19 Apr, 2024 10:28am

Pakistan

Five Japanese escape unhurt in Karachi suicide blast attack

KARACHI: Five Japanese nationals in Pakistan escaped unhurt on Friday from a suicide bomb attack on their vehicle as...

Updated 19 Apr, 2024 02:22pm

Markets

London aluminium set for 6th straight weekly gain after sanctions on Russia

Most nonferrous metals prices gained on Friday, with the London aluminium contract set for the sixth straight weekly...

Published 19 Apr, 2024 10:24am

Business & Finance

Malaysia’s economy likely grew 3.9% y/y in Q1

KUALA LUMPUR: Malaysia’s economy is estimated to have grown 3.9% in the first quarter of 2024 from a year earlier,...

Published 19 Apr, 2024 10:22am

Markets

Mainland China and Hong Kong stocks fall on Middle East tensions

SHANGHAI: Mainland China and Hong Kong stocks fell on Friday, tracking their regional peers, pressured by reports of...

Published 19 Apr, 2024 10:16am

Markets

Middle East worries weigh down Indian shares; Infosys drags IT stocks

BENGALURU: Indian shares declined on Friday, tracking Asian peers, on worries of escalating tensions in the Middle...

Published 19 Apr, 2024 10:14am

Markets

Stocks sink, oil jumps after Israeli attack on Iran

TOKYO: Asian shares and bond yields sank on Friday while safe-haven currencies, gold and crude oil jumped after...

Published 19 Apr, 2024 10:12am

Markets

Surging dollar set for weekly gain as US data, Fed push back on rate cuts

SINGAPORE: The resurgent dollar headed towards a second straight week of gains on Friday as a hotter-than-expected...

Published 19 Apr, 2024 10:01am

Markets

Oil steadies after surge following reported Israeli attack on Iran

Oil steadied on Friday after prices spiked earlier on reports that Israel had attacked Iran, as market fears of a...

Updated 19 Apr, 2024 02:40pm

World

Despite calls to de-escalate, Israel attacks Iran as region goes deeper into conflict

Iranian state media says three drones over central city of Isfahan shot down

Updated 19 Apr, 2024 03:01pm

BR Research

Power generation: The rut continues

For the sixth month running, electricity generation went down year-on-year, as March 2024 generation was recorded...

Published 19 Apr, 2024 08:55am

BR Research

Repatriation picks up!

Repatriation of dividends and profits on net foreign direct investment that had tumbled to negligible level in FY23...

Published 19 Apr, 2024 08:52am

BR Research

Interview with Kashif Hussain Shah - Executive Director, Skills360

“We aim to also create opportunities for job creation and economic growth.” Coach360, a platform for mentoring and...

Published 19 Apr, 2024 07:13am

World

UN chief warns Mideast on brink of ‘full-scale regional conflict’

UNITED NATIONS: UN Secretary-General Antonio Guterres on Thursday painted a dark picture of the situation in the...