Latest News

Markets

Yields on 10-year JGB flat despite healthy auction demand

The five-year yield rose 0.5 basis point to minus 0.100%.

Published 15 Apr, 2021 01:16pm

Markets

Philippines tenders for around 380,000 tonnes of wheat

A separate tender from importers in the Philippines for 165,000 tonnes of feed wheat closes on Thursday.

Published 15 Apr, 2021 01:15pm

Pakistan

Amid threats, French Embassy advises citizens to leave Pakistan

The advisory has been issued in wake of violent protests by activists of Tehreek-e-Labbaik Pakistan who had been demanding the government to expel the French ambassador and ban the import of goods from that country
On April 13, violent protests erupted across the country that claimed the lives of two policemen and injuries to more than 300 people

Updated 15 Apr, 2021 01:17pm

Markets

Indian shares give up early gains on record fresh virus cases, Maharashtra lockdown

Auto stocks were also about 2% lower, with Eicher Motors dropping over 3%.

Published 15 Apr, 2021 12:16pm

World

Novartis agrees to make ingredients Roche's Actemra for COVID-19 patients

"As one of the world's largest producers of medicines, Novartis can mobilize its manufacturing capabilities on multiple fronts."

Published 15 Apr, 2021 12:12pm

Pakistan

PM to announce a package for Sindh tomorrow in Sukkur

The package would be the beginning of development in the province, Leader of the Opposition in Sindh Assembly Haleem Adil Sheikh said.

Published 15 Apr, 2021 12:12pm

Markets

Palm rises for third day on improving exports, higher soyoil

Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.

Published 15 Apr, 2021 12:06pm

Markets

Supply woes in China, Russia fuel aluminium prices to multi-year highs

Russia is a major aluminium producer and a US sanction in 2018 had pushed LME aluminium prices to a seven-year high.

Published 15 Apr, 2021 12:05pm

World

PNG reports 11 COVID-19 deaths, pressuring a fragile health system

The country, which has a population of about 9 million, has started a modest vaccination programme using just over 8,000 doses sent by Australia.

Published 15 Apr, 2021 12:00pm

Markets

Remittances from UAE to Pakistan bound to increase significantly in Ramadan

A double-digit growth in remittances is expected during Ramadan, with the best performing corridors being India, Pakistan, Egypt, Bangladesh and Indonesia.

Published 15 Apr, 2021 12:00pm

Pakistan

Worst hit Rawalpindi district reports over 5,600 COVID-19 cases over past four weeks

395 people tested positive during the past 24 hours.
Rawalpindi reported as many as 5,687 new cases in the last four weeks along with 138 deaths.

Published 15 Apr, 2021 11:59am

Markets

Asian shares slip, dollar wallows at 1 month lows

Its New Zealand peer was upbeat at $0.7147, a level not seen since March 23.

Published 15 Apr, 2021 11:58am

Markets

CBOT corn may rise into $6.00-1/4 to $6.07 range

The zigzagging mode indicates either a temporary top around $6.06 or an early stage of a strong rally. The $6.06-1/2 level will be pivotal in evaluating the next direction.

Published 15 Apr, 2021 11:56am

World

German COVID-19 cases jump by most since early Jan

On Thursday, Vice Chancellor Olaf Scholz defended the changes to the Infection Protection Act which include curfews once the seven-day virus incidence exceeds 100,000.

Published 15 Apr, 2021 11:55am

Markets

Algeria bought about 200,000 tonnes durum wheat in tender

Two to three handysized bulk carrier shipments were bought in the high $350 levels at around $358 a tonne c&f.

Published 15 Apr, 2021 11:53am

Markets

Asia Coffee-Vietnam prices rise as tight Brazil output lifts supply woes

Meanwhile, in Indonesia, supplies have started to build up amid a mini harvest there.

Published 15 Apr, 2021 11:51am

World

Japan PM heads to Washington with China topping agenda

"Japan needs to think about how it will be able to mediate between the US and China," he told AFP.

Published 15 Apr, 2021 11:49am

Sports

Golf: LPGA Lotte Championship

Brittany Altomare, Yuka Saso (PHI).

Published 15 Apr, 2021 11:47am

Markets

Tokyo stocks close higher with eyes on virus cases

The benchmark Nikkei 225 index edged up 0.07 percent or 21.70 points.

Published 15 Apr, 2021 11:46am

World

India's daily Covid caseload doubles in 10 days to 200,000

Having let its guard down with mass religious festivals, political rallies and spectators at cricket matches, India is experiencing a ferocious new wave with almost two million fresh cases this month.

Published 15 Apr, 2021 11:44am

World

Yemen's Houthis say they attacked Aramco, Patriot targets in Jazan

There was no Saudi confirmation of a fire or of a hit on a Patriot anti-missile structure which the Houthi military spokesman said was also struck.

Published 15 Apr, 2021 11:42am

Markets

Indian shares rise as metals gain; Infosys slides

The NSE Nifty 50 index was up 0.29% at 14,546.45 by 0350 GMT, while the S&P BSE Sensex was 0.18% higher at 48,628.47.

Published 15 Apr, 2021 11:41am

Markets

Dollar sets four-week low as Fed's dovish message takes hold

Thursday is busy with US data, including retail sales readings for March and weekly jobless figures due at 1230GMT.

Published 15 Apr, 2021 11:39am

Markets

Australia, NZ dollars break higher, data speaks of strong Q1

Both currencies also made sizable gains on the yen and euro.

Published 15 Apr, 2021 11:37am

Pakistan

PM Imran launches Rehmatul-Lil Alameen scholarship program to help students access undergraduate education

The program is worth Rs27.93 billion which will be used in the next five years
The program will be implemented in 129 public sector universities across the country

Updated 15 Apr, 2021 12:27pm

Markets

Dollar at 3-week low as Fed's dovish message sinks in

Thursday is busy with US data, including retail sales data for March and weekly jobless data due at 1230GMT.

Published 15 Apr, 2021 11:36am

Markets

Australia shares fall amid broad-based losses, mixed Wall St finish

Meanwhile, Whitehaven Coal fell as much as 14.4% after it lowered its sales forecast for the year due to issues at its Narrabri underground mine.

Published 15 Apr, 2021 11:35am

Markets

Australia shares likely to retreat on mixed cues from Wall Street, NZ flat

The local share price index futures fell 0.54%, a 68.1-point discount to the underlying S&P/ASX 200 index close.

Published 15 Apr, 2021 11:34am

Markets

Spot gold still targets April 8 high of $1,758.45

A rise above $1,758.45 could confirm a double-bottom, which will suggest a target of $1,851. A break below $1,719 may cause a fall into the range of $1,677-$1,697.

Published 15 Apr, 2021 11:33am

Markets

US oil may end rise in resistance zone of $63.38-$63.88

On the daily chart, oil may extend its gains towards $64.12, which is near the resistance of $63.38-$63.88 on the hourly chart.

Published 15 Apr, 2021 11:32am

Markets

Palm oil may rise into 3,844-3,926 ringgit range

On the daily chart, a high-low bottom may have completed, as the contract stabilized around a support at 3,659 ringgit.

Published 15 Apr, 2021 11:30am

Markets

Brent oil may fall into $64.46-$65.22 range

A break above $64.71 could confirm the trend extension. On the daily chart, oil seems to have somehow lost its bullish momentum around a resistance $66.15.

Published 15 Apr, 2021 11:29am

Markets

CBOT soybeans may test resistance at $14.20-1/2

Based on the readings on the hourly chart, the contract may edge up into the range of $14.33-1/2 to $14.54-3/4 first.

Published 15 Apr, 2021 11:28am

Markets

Oil steady near one-month highs as IEA, OPEC raise forecasts

"We see robust stock draws even after factoring in bearish risks as refinery runs are set to rise sharply in the coming months," Citi Research analysts said in a note.

Published 15 Apr, 2021 11:26am

Markets

Canadian dollar strengthens as oil surges nearly 5%

Fed officials have said that brighter economic forecasts and a brief period of higher inflation will not affect monetary policy, and the central bank will keep its support in place until the crisis is over.

Published 15 Apr, 2021 11:23am

Markets

Yuan eases on higher corporate dollar demand, investors await Q1 GDP

"We expect real GDP growth to have jumped to 20% year-on-year in Q1 from 6.5% in Q4-2020, led by an overheated industrial sector and a recovering services sector," economists at Standard Chartered said in an earlier note.

Published 15 Apr, 2021 11:22am

Markets

Nikkei gains on global economic recovery hopes; banks track Goldman, Wells Fargo higher

Toshiba Corp rose 1.65%, following reports that the conglomerate is seeing more bidders to take it private.

Published 15 Apr, 2021 11:20am

Markets

Gold firms as dollar stalls ahead of US retail sales, jobless claims data

Spot gold rose 0.1% to $1,738.38 per ounce at 0332 GMT. US gold futures were up 0.2% at $1,739.20 per ounce.

Published 15 Apr, 2021 11:10am

World

Emotional Australian leader announces end to Afghan deployment

"These brave Australians are amongst our greatest ever, who have served in the name of freedom."

Published 15 Apr, 2021 11:08am

World

Cambodia's Hun Sen says country on 'brink of death' from Covid surge

Inequality also plagues the system, with reports of lower income families being turned away from hospitals.

Published 15 Apr, 2021 11:07am

Markets

Hong Kong shares down at break

The Hang Seng Index shed 0.96 percent, or 276.93 points, to 28,623.90.

Published 15 Apr, 2021 11:05am

World

US envoy Kerry starts climate talks in China

The US consulate said Kerry arrived in China and will meet with his Chinese counterparts at a Shanghai hotel in a day of closed-door talks.

Published 15 Apr, 2021 11:04am

Markets

Asian markets mixed as traders stuggle to build on rally

Shanghai and Hong Kong led losses in Asia, while Sydney, Manila and Wellington were also in the red.

Published 15 Apr, 2021 11:02am

World

UN Security Council to meet on Tigray crisis

Thursday's meeting will be a closed-door session similar to the March 4 meeting on Tigray.

Published 15 Apr, 2021 11:00am

Markets

Hong Kong stocks start day down

The Hang Seng Index dipped 0.10 percent, or 28.01 points, to 28,872.82.

Published 15 Apr, 2021 10:59am

World

EU to get 50 million Pfizer doses early as US prolongs J&J pause

Nevertheless there was some good news as BioNTech/Pfizer announced that 50 million doses that were due to arrive in Europe in late 2021 will instead start arriving as early as this month.

Published 15 Apr, 2021 10:57am

World

Biden faces tangle of sanctions in talks with Iran

Trump imposed a unilateral embargo on Iran's key export of oil, punishing any other country that bought it.

Published 15 Apr, 2021 10:56am

Pakistan

COAS Bajwa visits Fauji Foundation, inaugurates 100-bed hospital

The army chief was briefed about the ongoing and future plans of the Fauji Foundation
Bajwa appreciated the performance of the foundation and its commitment to provide quality services

Published 15 Apr, 2021 10:55am

Markets

Tokyo stocks open higher with eyes on virus cases

The firm's CEO stepped down on Wednesday after a first buyout offer stirred internal turmoil.

Published 15 Apr, 2021 10:55am

Sports

Saso, Altomare set early LPGA pace at Kapolei

China's Lily Muni He leads a pack of five golfers all tied at four under.

Published 15 Apr, 2021 10:53am

World

US House panel studies slavery reparations ahead of key vote

"He is committed" to the bill, she told reporters.

Published 15 Apr, 2021 10:41am

World

Manslaughter charge for Minneapolis cop who shot Black 20-year-old

"We will keep fighting for justice for Daunte, for his family, and for all marginalized people of color."

Published 15 Apr, 2021 10:35am

World

US J&J Covid vaccine pause continues after experts defer vote

When the Advisory Committee on Immunization Practices reconvenes, it could potentially vote to recommend that only people beyond a certain age receive the J&J vaccine.

Published 15 Apr, 2021 10:33am

World

Turkish soldier killed by rocket fire in Iraq

The Turkish army deployed a drone to survey the area.

Published 15 Apr, 2021 10:31am

Sports

Klopp rues Reds' wasteful finishing as Madrid roll into Champions League semis

Despite the empty stands due to coronavirus restrictions, Liverpool flew out of the traps and should have halved their deficit within two minutes.

Published 15 Apr, 2021 10:29am

Markets

Oil surges as US stocks waffle on valuation fears

However, Coinbase shares finished at $328.28, well below the session peak of $429.54.

Published 15 Apr, 2021 10:26am

Business & Finance

Coinbase wows in Nasdaq debut amid cryptocurrency frenzy

As a result of this craze, Coinbase's revenue has increased almost tenfold in the course of a year to $1.8 billion in the first quarter, according to company estimates.

Published 15 Apr, 2021 10:24am

Sports

Five Astros players land on injured list due to Covid protocols

Click said there was no reason to believe any player broke any of MLB's coronavirus protocols.

Published 15 Apr, 2021 10:23am

Sports

Goodhue, Moody join All Blacks' growing sick list

Hurricanes captain Ardie Savea suffered a torn knee ligament in the same match and will need up to two months to recover.

Published 15 Apr, 2021 10:22am

World

Biden summit offer hailed in Moscow as win for Putin

Finland hosted the last summit between Russian and US leaders in 2018, when Putin met with then-president Donald Trump.

Published 15 Apr, 2021 10:20am

Gainers
Losers
Leaders

Stock	Price
Popular Islamic Mod. / Apr 15 Popular Islamic Modaraba(PIM)	5.96 ▲ 0.96 (19.20%)
A. Shah Ghazi / Apr 15 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.25 ▲ 1.00 (16.00%)
Sana Ind. (R) / Apr 15 Sana Industries (R)(SNAIR)	8.01 ▲ 1.00 (14.27%)
Universal Ins. / Apr 15 The Universal Insurance Company Limited(UVIC)	4.89 ▲ 0.59 (13.72%)
Ashfaq Textile / Apr 15 Ashfaq Textile Mills Limited(ASHT)	8.50 ▲ 1.00 (13.33%)
Shaheen Ins. / Apr 15 Shaheen Insurance Company Limited(SHNI)	4.19 ▲ 0.39 (10.26%)
Bal. Glass / Apr 15 Balochistan Glass Limited(BGL)	11.01 ▲ 1.00 (9.99%)
Olympia Mills / Apr 15 Olympia Mills Limited(OML)	11.50 ▲ 1.00 (9.52%)
Dandot Cement / Apr 15 Dandot Cement Company Limited(DNCC)	12.40 ▲ 1.00 (8.77%)
Pervez Ahmed Cons. / Apr 15 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.25 ▲ 0.09 (7.76%)

Stock	Price
Flying Cement (R) / Apr 15 Flying Cement Company (R)(FLYNGR)	2.51 ▲ -0.48 (-16.05%)
Saif Power / Apr 15 Saif Power Limited(SPWL)	15.70 ▲ -2.71 (-14.72%)
Waves Singer / Apr 15 Waves Singer Pakistan Limited(WAVES)	21.05 ▲ -2.54 (-10.77%)
AKD Capital Ltd / Apr 15 AKD Capital Limited(AKDCL)	440.05 ▲ -35.07 (-7.38%)
Frontier Cer. / Apr 15 Frontier Ceramics Limited(FRCL)	28.13 ▲ -2.17 (-7.16%)
HBL Inv.Fund / Apr 15 HBL Investment Fund(HIFA)	2.88 ▲ -0.22 (-7.10%)
First Prud Mod. / Apr 15 First Prudential Modaraba(PMI)	1.75 ▲ -0.13 (-6.91%)
Data Agro / Apr 15 Data Agro Limited(DAAG)	16.00 ▲ -1.18 (-6.87%)
Unicap Mod. / Apr 15 Unicap Modaraba(UCAPM)	3.40 ▲ -0.25 (-6.85%)
TPL Trakker / Apr 15 TPL Trakker Limited(TPLT)	10.50 ▲ -0.75 (-6.67%)

Stock	Volume
Telecard / Apr 15 Telecard Limited(TELE)	57,386,500 ▼ 0.00
Worldcall / Apr 15 Worldcall Telecom Limited(WTL)	56,348,500 ▼ 0.00
Hum Network / Apr 15 Hum Network Limited(HUMNL)	13,054,000 ▼ 0.00
Ghani Global Hold. / Apr 15 Ghani Global Holdings Limited(GGL)	9,114,500 ▼ 0.00
TRG Pak. / Apr 15 TRG Pakistan Limited(TRG)	6,981,893 ▼ 0.00
Attock Ref. / Apr 15 Attock Refinery Limited(ATRL)	6,533,300 ▼ 0.00
Flying Cement (R) / Apr 15 Flying Cement Company (R)(FLYNGR)	6,129,000 ▼ 0.00
Unity Foods / Apr 15 Unity Foods Limited(UNITY)	6,121,345 ▼ 0.00
Netsol Tech. / Apr 15 NetSol Technologies Limited(NETSOL)	5,920,500 ▼ 0.00
Pakistan Refinery / Apr 15 Pakistan Refinery Limited(PRL)	5,551,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 13	152.75
USD PKR Interbank Buying / Apr 13	152.65
USD to Japanese Yen / Apr 14	108.96
USD to Swiss Franc / Apr 14	0.92
Pound Sterling to USD / Apr 14	1.38
Euro to USD / Apr 14	1.20
UK LIBOR % / Apr 14	0.07

Stock	Volume
S&P 500 / Apr 14	4124.66
India Sensex / Apr 14	48544.06
Tokyo Nikkei / Apr 14	29620.99
Nasdaq / Apr 14	13857.84
Hang Seng / Apr 14	28900.63
FTSE 100 / Apr 14	6939.58
Dow Jones / Apr 14	33730.89
Germany DAX 30 / Apr 14	15209.15
France CAC40 / Apr 14	6939.58

Item	Value
Crude Oil / Apr 14	63.15
Karachi Cotton Assoc. / Apr 14	10800.00
Gold 10 Grams / Apr 14	94564.00
Gold Spot / Apr 14	1736.30
Cotton / Apr 14	82.71

Latest News

Most Popular Articles