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Archive - 2018-06-23
Russia backs OPEC oil output hike
Pakistan Top News

Russia backs OPEC oil output hike

VIENNA: Russia on Saturday joined an OPEC-led pledge to boost oil production in response to growing global demand, cappi
Published 23 Jun, 2018 10:43pm
Digital Art Museum
Featured Photos

Digital Art Museum

People visit the Mori Building Digital Art Museum in Tokyo, Japan. The digital art museum, which is created together
Published 23 Jun, 2018 06:55pm
Art
Featured Photos

Art

People look at paintings at the 5th China (Ganzhou) Furniture Industry Expo in Nankang District of Ganzhou City, eas
Published 23 Jun, 2018 05:10pm
Dancing fountain
Featured Photos

Dancing fountain

Peoples enjoying dancing fountain at Faisal Avenue in Islamabad. INP
Published 23 Jun, 2018 03:08pm
Haven't quit politics: clarifies Musharraf
Pakistan Top News

Haven't quit politics: clarifies Musharraf

Former President General (retd) Pervez Musharraf clarified on Saturday that while he quit from heading his party All
Published 23 Jun, 2018 10:40am
CBOT wheat futures up on technical buying

CBOT wheat futures up on technical buying

Chicago Board of Trade wheat futures closed higher Wednesday on technical buying and traders exiting long K.C./short CBOT inter-market wheat spreads, brokers said. CBOT July soft red winter wheat settled up 10-1/2 cents at $4.88-1/4 per bushel but stayed
Published 23 Jun, 2018 12:00am
CBOT corn futures higher slightly

CBOT corn futures higher slightly

Chicago Board of Trade corn futures closed fractionally higher on Wednesday in a light technical bounce a day after trade tensions and US crop weather pressed most months to contract lows, traders said. CBOT July corn settled up 1/2 cent at $3.54-1/4 per
Published 23 Jun, 2018 12:00am
Listless business on cotton market
Cotton

Listless business on cotton market

Not a single deal was reported on the cotton market on Friday as buyers and sellers were away from the arena, dealers said. The official spot rate was unchanged at Rs 7,500, they added. Prices of seed cotton in Sindh were available at Rs 3850-4150, in the
Published 23 Jun, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 119,014 tonnes of cargo comprising 104,285 tonnes of import cargo and 14,729 tonnes of export cargo including 4,812 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday.
Published 23 Jun, 2018 12:00am
Chinese steel futures rise, iron ore drops

Chinese steel futures rise, iron ore drops

Steel futures in China recovered on Wednesday after the previous session's nearly 3 percent drop, although lingering worries over a trade spat between Beijing and Washington curbed gains. Lean construction demand in China, the world's top steel consumer a
Published 23 Jun, 2018 12:00am
CBOT soyabean futures higher slightly

CBOT soyabean futures higher slightly

Nearby soyabean futures on the Chicago Board of Trade closed fractionally higher on Wednesday as the market consolidated a day after the front contract fell to a 9-1/2 year low, traders said. CBOT July soyabeans settled up 1/2 cent at $8.89-1/2 per bushel
Published 23 Jun, 2018 12:00am
Euronext wheat prices rise from one month low

Euronext wheat prices rise from one month low

Euronext milling wheat prices rose on Wednesday, recovering from a one-month low a day earlier, but gains were capped by continuing worries over international trade tensions. Benchmark December wheat on the Paris-based Euronext exchange settled 1.75 euro,
Published 23 Jun, 2018 12:00am
Bangladesh seeks to buy 50,000 tonnes of wheat

Bangladesh seeks to buy 50,000 tonnes of wheat

Bangladesh's state grains buyer has issued a new international tender to purchase and import 50,000 tonnes of wheat, traders said on Wednesday. Tender closing date is July 3, they said.
Published 23 Jun, 2018 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,463. The traded value of Metals, Energy and COTS/FX was recorded at PKR5.954 billion and the number of lots traded was 10,335.
Published 23 Jun, 2018 12:00am
The reality of royalty

The reality of royalty

It was like a movie sequel titled "When Harry Met Meghan". The royal wedding was the most awaited, most written about, the most talked about and the most viewed wedding in a long time. It was fairy tale stuff. The reluctant rebellious Prince Harry of Brit
Published 23 Jun, 2018 12:00am
Like 'Star Trek': voice shopping seen as new frontier

Like 'Star Trek': voice shopping seen as new frontier

Hey, Google, order a large pizza! Alexa, I need vitamins! Voice shopping using smart speakers and smartphone apps is starting to gain traction among consumers, opening up a new "conversational commerce" channel and potentially disrupting the retail sector
Published 23 Jun, 2018 12:00am
Mount Everest, the high-altitude rubbish dump

Mount Everest, the high-altitude rubbish dump

Decades of commercial mountaineering have turned Mount Everest into the world's highest rubbish dump as an increasing number of big-spending climbers pay little attention to the ugly footprint they leave behind. Fluorescent tents, discarded climbing equip
Published 23 Jun, 2018 12:00am
ART FACTS: myriad of cultural influences

ART FACTS: myriad of cultural influences

A group exhibition titled "Microcosm 2" at Gandhara Art Gallery, Karachi was curated by Adeel uz Zafar. It was a second part of a group show titled "Microcosm" based on the conviction that some of the most radical gestures in the art history have been car
Published 23 Jun, 2018 12:00am
Personal opinion

Personal opinion

When complex rules and regulations applied rigidly by a person in his/her personal domain its adverse affects can easily be seen around him/her. This subject of though was discussed by artists in a two-person exhibition titled "Bureaucracies of Imaginatio
Published 23 Jun, 2018 12:00am
London museum explores life behind art of Frida Kahlo

London museum explores life behind art of Frida Kahlo

A London museum is bringing together Frida Kahlo's clothes, paintings and objects to explore the adverse life story behind one of the 20th century's most celebrated female artists. "Frida Kahlo: Making Her Self Up", which runs from last Saturday until Nov
Published 23 Jun, 2018 12:00am
Eid around the world

Eid around the world

As 30 days of fasting ends, Muslims around the world celebrate the festival of Eid to thank Allah for the strength He gave them to accomplish the task of fasting. After performing two essential rituals first Sadqa-e-fitr and second Eid Namaz Muslims acros
Published 23 Jun, 2018 12:00am
Teens' lack of sleep tied to high blood pressure, more body fat

Teens' lack of sleep tied to high blood pressure, more body fat

Adolescents who don't get enough sleep may be more likely to develop risk factors for heart disease like high blood pressure and excess body fat, a U.S. study suggests. "Sleep matters," said Dr Elsie Taveras of Massachusetts General Hospital in Boston. "S
Published 23 Jun, 2018 12:00am
'Fortnite' frenzy reigns at E3 gaming expo

'Fortnite' frenzy reigns at E3 gaming expo

The Electronic Entertainment Expo (E3) wrapped up in Los Angeles last Thursday with the video game "Fortnite" knocking out other contenders to emerge as the star of a show which highlighted the surging interest in competitive eSports. "Fortnite" maker Epi
Published 23 Jun, 2018 12:00am
'Saw,' 'Insidious' creator Leigh Whannell turns to cyborg horror

'Saw,' 'Insidious' creator Leigh Whannell turns to cyborg horror

Part man, part machine - the ultimate expression of humanity's dominion over nature - cyborgs have been a staple of popular culture since they were unleashed in a short story by Edgar Allen Poe 175 years ago. Today they walk among us, in our movie theater
Published 23 Jun, 2018 12:00am
Superman going strong at 80

Superman going strong at 80

In an era when superheroes seem to be everywhere - there were literally dozens in the most recent "Avengers" film - the Man of Steel stands apart. Eighty years after his debut in Action Comics No 1, dated June 1938, Superman is still an American cultural
Published 23 Jun, 2018 12:00am
Music boss urges open ears as songwriters enter Hall of Fame

Music boss urges open ears as songwriters enter Hall of Fame

Sara Bareilles, John Mellencamp and Kool and the Gang last Thursday entered the Songwriters Hall of Fame as top music executive Lucian Grainge urged the industry to keep its ears open to new sounds. In its 49th year, the Songwriters Hall of Fame recognize
Published 23 Jun, 2018 12:00am
Oprah's advice stuck with 'Wrinkle' star Storm Reid

Oprah's advice stuck with 'Wrinkle' star Storm Reid

She hasn't yet turned 15 but child star Storm Reid is wise enough to have picked up some life lessons already - the most important of them from Oprah Winfrey. The talk show legend and media tycoon became a mentor for the Atlanta-born newcomer on the set o
Published 23 Jun, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 23 Jun, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 23 Jun, 2018 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

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
Published 23 Jun, 2018 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

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
Published 23 Jun, 2018 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (June 22, 2018).

Published 23 Jun, 2018 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (June 22, 2018).

Published 23 Jun, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (June 22, 2018).
Published 23 Jun, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (June 22, 2018).

Published 23 Jun, 2018 12:00am
Opec agrees modest hike in oil supply

Opec agrees modest hike in oil supply

Opec agreed on Friday on a modest increase in oil production from next month after its leader Saudi Arabia persuaded arch-rival Iran to cooperate, following calls from major consumers to help reduce the price of crude and avoid a supply shortage. However,
Published 23 Jun, 2018 12:00am
Opec agrees modest hike in oil supply

Opec agrees modest hike in oil supply

Opec agreed on Friday on a modest increase in oil production from next month after its leader Saudi Arabia persuaded arch-rival Iran to cooperate, following calls from major consumers to help reduce the price of crude and avoid a supply shortage. However,
Published 23 Jun, 2018 12:00am
Opec agrees modest hike in oil supply

Opec agrees modest hike in oil supply

Opec agreed on Friday on a modest increase in oil production from next month after its leader Saudi Arabia persuaded arch-rival Iran to cooperate, following calls from major consumers to help reduce the price of crude and avoid a supply shortage. However,
Published 23 Jun, 2018 12:00am
Deposit protection amount fixed at Rs 250,000

Deposit protection amount fixed at Rs 250,000

Deposit Protection Corporation (DPC) Friday announced that the protected amount will be Rs 250,000 per depositor per bank in any unlikely event of a bank failure. DPC, a wholly-owned subsidiary of State Bank of Pakistan (SBP), has launched deposit protect
Published 23 Jun, 2018 12:00am
Deposit protection amount fixed at Rs 250,000

Deposit protection amount fixed at Rs 250,000

Deposit Protection Corporation (DPC) Friday announced that the protected amount will be Rs 250,000 per depositor per bank in any unlikely event of a bank failure. DPC, a wholly-owned subsidiary of State Bank of Pakistan (SBP), has launched deposit protect
Published 23 Jun, 2018 12:00am
Deposit protection amount fixed at Rs 250,000

Deposit protection amount fixed at Rs 250,000

Deposit Protection Corporation (DPC) Friday announced that the protected amount will be Rs 250,000 per depositor per bank in any unlikely event of a bank failure. DPC, a wholly-owned subsidiary of State Bank of Pakistan (SBP), has launched deposit protect
Published 23 Jun, 2018 12:00am
BRIndex100 stays bearish
Mutual Funds

BRIndex100 stays bearish

Pakistan Stock Exchange Friday witnessed another bearish session due to continuous selling in almost all sectors. BRIndex100 lost 85.56 points or 1.88 percent to close at 4,454.43 points. BRIndex-100 touched intraday high of 4,550.31 and intraday low of 4
Published 23 Jun, 2018 12:00am
BRIndex100 stays bearish
Mutual Funds

BRIndex100 stays bearish

Pakistan Stock Exchange Friday witnessed another bearish session due to continuous selling in almost all sectors. BRIndex100 lost 85.56 points or 1.88 percent to close at 4,454.43 points. BRIndex-100 touched intraday high of 4,550.31 and intraday low of 4
Published 23 Jun, 2018 12:00am
BRIndex100 stays bearish
Mutual Funds

BRIndex100 stays bearish

Pakistan Stock Exchange Friday witnessed another bearish session due to continuous selling in almost all sectors. BRIndex100 lost 85.56 points or 1.88 percent to close at 4,454.43 points. BRIndex-100 touched intraday high of 4,550.31 and intraday low of 4
Published 23 Jun, 2018 12:00am
Amnesty scheme: FBR upbeat over response; $4 billion may be fetched
Kerb

Amnesty scheme: FBR upbeat over response; $4 billion may be fetched

Federal Board of Revenue (FBR) Spokesperson and Senior Member Inland Revenue Policy, Dr Muhammad Iqbal, said on Friday that response to the amnesty scheme is very positive, adding the last date (June 30, 2018) for filing of declarations would not be exten
Published 23 Jun, 2018 12:00am
Amnesty scheme: FBR upbeat over response; $4 billion may be fetched
Kerb

Amnesty scheme: FBR upbeat over response; $4 billion may be fetched

Federal Board of Revenue (FBR) Spokesperson and Senior Member Inland Revenue Policy, Dr Muhammad Iqbal, said on Friday that response to the amnesty scheme is very positive, adding the last date (June 30, 2018) for filing of declarations would not be exten
Published 23 Jun, 2018 12:00am
Amnesty scheme: FBR upbeat over response; $4 billion may be fetched
Kerb

Amnesty scheme: FBR upbeat over response; $4 billion may be fetched

Federal Board of Revenue (FBR) Spokesperson and Senior Member Inland Revenue Policy, Dr Muhammad Iqbal, said on Friday that response to the amnesty scheme is very positive, adding the last date (June 30, 2018) for filing of declarations would not be exten
Published 23 Jun, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 23 Jun, 2018 12:00am
$15.25 billion transferred abroad, SC told
Currency

$15.25 billion transferred abroad, SC told

During the financial year 2016-17, a staggering amount, of US $15.253 billion, was transferred abroad by individual account holders in Pakistan through normal banking channels. A committee of 12 experts has shared it with the Supreme Court. The apex court
Published 23 Jun, 2018 12:00am
$15.25 billion transferred abroad, SC told
Currency

$15.25 billion transferred abroad, SC told

During the financial year 2016-17, a staggering amount, of US $15.253 billion, was transferred abroad by individual account holders in Pakistan through normal banking channels. A committee of 12 experts has shared it with the Supreme Court. The apex court
Published 23 Jun, 2018 12:00am
$15.25 billion transferred abroad, SC told
Currency

$15.25 billion transferred abroad, SC told

During the financial year 2016-17, a staggering amount, of US $15.253 billion, was transferred abroad by individual account holders in Pakistan through normal banking channels. A committee of 12 experts has shared it with the Supreme Court. The apex court
Published 23 Jun, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 23 Jun, 2018 12:00am
$-denominated amnesty bonds rules approved by Cabinet

$-denominated amnesty bonds rules approved by Cabinet

The caretaker cabinet Friday approved "Government of Pakistan's US Dollars Denominated Amnesty Bonds Rules, 2018." Prime Minister Nasir-ul-Mulk chaired the meeting at the Prime Minister's Office. The cabinet also accepted the resignation of Managing Direc
Published 23 Jun, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 23 Jun, 2018 12:00am
$-denominated amnesty bonds rules approved by Cabinet

$-denominated amnesty bonds rules approved by Cabinet

The caretaker cabinet Friday approved "Government of Pakistan's US Dollars Denominated Amnesty Bonds Rules, 2018." Prime Minister Nasir-ul-Mulk chaired the meeting at the Prime Minister's Office. The cabinet also accepted the resignation of Managing Direc
Published 23 Jun, 2018 12:00am
$-denominated amnesty bonds rules approved by Cabinet

$-denominated amnesty bonds rules approved by Cabinet

The caretaker cabinet Friday approved "Government of Pakistan''s US Dollars Denominated Amnesty Bonds Rules, 2018." Prime Minister Nasir-ul-Mulk chaired the meeting at the Prime Minister''s Office. The cabinet also accepted the resignation of Managing Dir
Published 23 Jun, 2018 12:00am
$-denominated amnesty bonds rules approved by Cabinet

$-denominated amnesty bonds rules approved by Cabinet

The caretaker cabinet Friday approved "Government of Pakistan''''s US Dollars Denominated Amnesty Bonds Rules, 2018." Prime Minister Nasir-ul-Mulk chaired the meeting at the Prime Minister''''s Office. The cabinet also accepted the resignation of Managing
Published 23 Jun, 2018 12:00am
Meeting over FATF held

Meeting over FATF held

Caretaker Finance Minister Dr Shamshad Akhtar here on Friday chaired a meeting on matters related to Financial Action Task Force meetings in the wake of FATF plenary meeting in Paris. Caretaker Foreign Minister Abdullah Hussain Haroon and National Securit
Published 23 Jun, 2018 12:00am
Meeting over FATF held

Meeting over FATF held

Caretaker Finance Minister Dr Shamshad Akhtar here on Friday chaired a meeting on matters related to Financial Action Task Force meetings in the wake of FATF plenary meeting in Paris. Caretaker Foreign Minister Abdullah Hussain Haroon and National Securit
Published 23 Jun, 2018 12:00am
Indonesian cleric sentenced to death

Indonesian cleric sentenced to death

A radical Indonesian cleric was sentenced to death Friday for masterminding a 2016 Islamic State terror attack that saw a suicide bomber blow himself up at a Starbucks cafe. Aman Abdurrahman was found guilty of ordering the attack that killed four in Jaka
Published 23 Jun, 2018 12:00am
India hopes to open Chabahar Port by 2019

India hopes to open Chabahar Port by 2019

India is trying to make Chabahar Port in Iran operational by 2019, the government said in a statement on Friday, despite a threat of renewed US sanctions against Tehran. The Indian-backed Chabahar port complex in Iran is being developed as part of a new t
Published 23 Jun, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (June 22, 2018).

Published 23 Jun, 2018 12:00am
Colombia recovers bodies believed to be of missing press team

Colombia recovers bodies believed to be of missing press team

Colombian authorities have recovered what they believe to be the bodies of a three-man Ecuadoran press team kidnapped and killed on the two countries' border. President Juan Manuel Santos said the bodies located by police in the country's south could be t
Published 23 Jun, 2018 12:00am
Afghan illegally expelled from Germany granted asylum

Afghan illegally expelled from Germany granted asylum

An Afghan man who was allowed back into Germany after he was illegally expelled from the country has been finally granted asylum, according to a German court ruling published Friday. Hasmatullah Fazelpur, 23, was in September sent from Germany to Bulgaria
Published 23 Jun, 2018 12:00am
SECP notifies regulations regarding further issue of shares

SECP notifies regulations regarding further issue of shares

The Securities and Exchange Commission of Pakistan (SECP) has notified draft regulations regarding further issue of shares by companies. Currently, companies issuing shares by way of right issue, bonus issue, other than right, shares having differential r
Published 23 Jun, 2018 12:00am
SECP notifies regulations regarding further issue of shares

SECP notifies regulations regarding further issue of shares

The Securities and Exchange Commission of Pakistan (SECP) has notified draft regulations regarding further issue of shares by companies. Currently, companies issuing shares by way of right issue, bonus issue, other than right, shares having differential r
Published 23 Jun, 2018 12:00am
THE RUPEE: slight fluctuations
Currency

THE RUPEE: slight fluctuations

The rupee fluctuated but slightly versus the dollar on the local money market on Friday in the process of trading, dealers said. The rupee slipped by four paisas in relation to the dollar for buying and selling at Rs 121.52 and Rs 121.55 respectively, the
Published 23 Jun, 2018 12:00am
SECP notifies regulations regarding further issue of shares

SECP notifies regulations regarding further issue of shares

The Securities and Exchange Commission of Pakistan (SECP) has notified draft regulations regarding further issue of shares by companies. Currently, companies issuing shares by way of right issue, bonus issue, other than right, shares having differential r
Published 23 Jun, 2018 12:00am
THE RUPEE: slight fluctuations
Currency

THE RUPEE: slight fluctuations

The rupee fluctuated but slightly versus the dollar on the local money market on Friday in the process of trading, dealers said. The rupee slipped by four paisas in relation to the dollar for buying and selling at Rs 121.52 and Rs 121.55 respectively, the
Published 23 Jun, 2018 12:00am
Zulfi summoned by NAB

Zulfi summoned by NAB

National Accountability Bureau (NAB) on Friday summoned Zulfiqar Bukhari, a close friend of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, who is accused of owning an offshore company. An official of NAB said that NAB Rawalpindi has contacted Bukhari
Published 23 Jun, 2018 12:00am
Zulfi summoned by NAB

Zulfi summoned by NAB

National Accountability Bureau (NAB) on Friday summoned Zulfiqar Bukhari, a close friend of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, who is accused of owning an offshore company. An official of NAB said that NAB Rawalpindi has contacted Bukhari
Published 23 Jun, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 22, 2018).

Published 23 Jun, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 22, 2018).

Published 23 Jun, 2018 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (June 22, 2018).

Published 23 Jun, 2018 12:00am
Dollar rate fixed at Rs 124.5 by ECAP
Currency

Dollar rate fixed at Rs 124.5 by ECAP

Exchange Companies Association of Pakistan (ECAP) on Friday fixed dollar selling rate at Rs 124.5 for open currency market. ECAP held a meeting of its members and discussed the recent volatility in the open currency market. After detailed discussion, ECAP
Published 23 Jun, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (June 22, 2018)

Published 23 Jun, 2018 12:00am
Dollar rate fixed at Rs 124.5 by ECAP
Currency

Dollar rate fixed at Rs 124.5 by ECAP

Exchange Companies Association of Pakistan (ECAP) on Friday fixed dollar selling rate at Rs 124.5 for open currency market. ECAP held a meeting of its members and discussed the recent volatility in the open currency market. After detailed discussion, ECAP
Published 23 Jun, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (June 22, 2018).

Published 23 Jun, 2018 12:00am
Dollar rate fixed at Rs 124.5 by ECAP
Currency

Dollar rate fixed at Rs 124.5 by ECAP

Exchange Companies Association of Pakistan (ECAP) on Friday fixed dollar selling rate at Rs 124.5 for open currency market. ECAP held a meeting of its members and discussed the recent volatility in the open currency market. After detailed discussion, ECAP
Published 23 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 23 Jun, 2018 12:00am
SBP unveils forex manual 2018

SBP unveils forex manual 2018

The State Bank of Pakistan (SBP) Friday issued Foreign Exchange Manual-2018. In order to facilitate the stakeholders including Authorized Dealers (Banks), exporters, importers, travel agents, carriers, etc, the Exchange Policy Department has been issuing
Published 23 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 23 Jun, 2018 12:00am
SBP unveils forex manual 2018

SBP unveils forex manual 2018

The State Bank of Pakistan (SBP) Friday issued Foreign Exchange Manual-2018. In order to facilitate the stakeholders including Authorized Dealers (Banks), exporters, importers, travel agents, carriers, etc, the Exchange Policy Department has been issuing
Published 23 Jun, 2018 12:00am
The Weather

The Weather

The weather report on Friday (June 22, 2018) and the forecast for Saturday (June 23, 2018).

Published 23 Jun, 2018 12:00am
SBP unveils forex manual 2018

SBP unveils forex manual 2018

The State Bank of Pakistan (SBP) Friday issued Foreign Exchange Manual-2018. In order to facilitate the stakeholders including Authorized Dealers (Banks), exporters, importers, travel agents, carriers, etc, the Exchange Policy Department has been issuing
Published 23 Jun, 2018 12:00am
Avenfield apartments: Nawaz has no link to properties: counsel

Avenfield apartments: Nawaz has no link to properties: counsel

The lead counsel for former Prime Minister Nawaz Sharif, Khawaja Haris, on Friday claimed that his client neither remained a beneficial owner of the Avenfield apartments nor did he have any link with these properties. Presenting his final arguments before
Published 23 Jun, 2018 12:00am
Avenfield apartments: Nawaz has no link to properties: counsel

Avenfield apartments: Nawaz has no link to properties: counsel

The lead counsel for former Prime Minister Nawaz Sharif, Khawaja Haris, on Friday claimed that his client neither remained a beneficial owner of the Avenfield apartments nor did he have any link with these properties. Presenting his final arguments before
Published 23 Jun, 2018 12:00am
IMF's advice to US

IMF's advice to US

President Donald Trump's aggressive trade policies and expansive tax cuts have come under a lot of criticism due to their domestic as well as global impact. In its annual review of the US economy, the International Monetary Fund has warned that at a time
Published 23 Jun, 2018 12:00am
Fazlullah's elimination

Fazlullah's elimination

It has finally been confirmed that the man killed in a US drone strike in Afghanistan's Kunar province along with four of his senior commanders, was indeed Pakistan's most wanted terrorist, TTP chief Mullah Fazlullah, who had the blood on his hands of cou
Published 23 Jun, 2018 12:00am
The failing economy
Currency

The failing economy

The current election euphoria in the country is beginning to exact its toll on country's economy. The numbers are worrisome, which will worsen as we move towards the election day. Many of the hard and unpopular decisions which should have been taken by th
Published 23 Jun, 2018 12:00am
Metrics

Metrics

Perhaps an eccentricity associated with my profession, minus an analytical review, and that to a detailed statistical one, it is very unlikely that I might agree with any argument; after all numbers don't lie. And with the advent of technology, this tende
Published 23 Jun, 2018 12:00am
Trade conflict already sapping German economy

Trade conflict already sapping German economy

An industrial powerhouse built on massive exports and a gigantic car industry, Germany is among the nations that most sensitive to mounting trade tensions between the United States and other major economies. US President Donald Trump has in recent weeks s
Published 23 Jun, 2018 12:00am
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