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Markets » Exchange

SNB's Jordan says Swiss franc to stagnate or weaken this year
Exchange

SNB's Jordan says Swiss franc to stagnate or weaken this year

The Swiss franc is likely to hold steady or ease this year, Swiss National Bank Chairman Thomas Jordan said in an interview with Swiss radio SRF on Saturday. He cautioned, however, that the franc's safe haven status "means that, when uncertainties arise,
Published 11 Jan, 2016 12:00am
Canadian dollar seen crawling off 12-year low in 2016
Exchange

Canadian dollar seen crawling off 12-year low in 2016

A long sell-off that drove the battered Canadian dollar to a 12-year low this week is expected to end this year, a Reuters poll showed, although an expected extended period of easy monetary policy will keep a lid on any bounceback.
Published 11 Jan, 2016 12:00am
EU starts on tricky path towards relaxing China trade defence
Exchange

EU starts on tricky path towards relaxing China trade defence

The European Union will take the first step on Wednesday towards refashioning its trade ties with Beijing, torn over how to lower its defences to avert Chinese retaliation while protecting key industries against a damaging flood of cheap imports.
Published 11 Jan, 2016 12:00am
EU starts on tricky path towards relaxing China trade defence
Exchange

EU starts on tricky path towards relaxing China trade defence

The European Union will take the first step on Wednesday towards refashioning its trade ties with Beijing, torn over how to lower its defences to avert Chinese retaliation while protecting key industries against a damaging flood of cheap imports.
Published 11 Jan, 2016 12:00am
EU starts on tricky path towards relaxing China trade defence
Exchange

EU starts on tricky path towards relaxing China trade defence

The European Union will take the first step on Wednesday towards refashioning its trade ties with Beijing, torn over how to lower its defences to avert Chinese retaliation while protecting key industries against a damaging flood of cheap imports.
Published 11 Jan, 2016 12:00am
Bearish KSE takes cue from global markets
Exchange

Bearish KSE takes cue from global markets

Geopolitical and economic negatives on the international scene kept the volatile Karachi shares market in red during the first week of New Year. KSE100 lost 2.1 percentage points to close at 32,535. Daily trading volumes, however, grew five per cent and a
Published 11 Jan, 2016 12:00am
Bearish KSE takes cue from global markets
Exchange

Bearish KSE takes cue from global markets

Geopolitical and economic negatives on the international scene kept the volatile Karachi shares market in red during the first week of New Year. KSE100 lost 2.1 percentage points to close at 32,535. Daily trading volumes, however, grew five per cent and a
Published 11 Jan, 2016 12:00am
Bearish KSE takes cue from global markets
Exchange

Bearish KSE takes cue from global markets

Geopolitical and economic negatives on the international scene kept the volatile Karachi shares market in red during the first week of New Year. KSE100 lost 2.1 percentage points to close at 32,535. Daily trading volumes, however, grew five per cent and a
Published 11 Jan, 2016 12:00am
APC advocates absolute provincial control over Gwadar port
Exchange

APC advocates absolute provincial control over Gwadar port

An All-Party Conference (APC) on the China Pakistan Economic Corridor (CPEC) has demanded the federal government give full rights of Gwadar port and mega projects to the Balochistan government and accept provincial rights on port and natural resources.
Published 11 Jan, 2016 12:00am
APC advocates absolute provincial control over Gwadar port
Exchange

APC advocates absolute provincial control over Gwadar port

An All-Party Conference (APC) on the China Pakistan Economic Corridor (CPEC) has demanded the federal government give full rights of Gwadar port and mega projects to the Balochistan government and accept provincial rights on port and natural resources.
Published 11 Jan, 2016 12:00am
APC advocates absolute provincial control over Gwadar port
Exchange

APC advocates absolute provincial control over Gwadar port

An All-Party Conference (APC) on the China Pakistan Economic Corridor (CPEC) has demanded the federal government give full rights of Gwadar port and mega projects to the Balochistan government and accept provincial rights on port and natural resources.
Published 11 Jan, 2016 12:00am
Your rupee last week
Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (January 4 to 8, 2016).

Published 11 Jan, 2016 12:00am
Pakistan Stock Exchange Limited: National capital market
Exchange

Pakistan Stock Exchange Limited: National capital market

The unification of these three entities Of Pakistan that is (Lahore Stock Exchange, Islamabad Stock Exchange & Karachi Stock Exchange) is made possible through the combined efforts of myriad stakeholders. The vision of the Government of Pakistan and the F
Published 11 Jan, 2016 12:00am
PSX and developing capital market
Exchange

PSX and developing capital market

Over the next few decades there are major global trends which provide great opportunities for Pakistan. Two significant ones are: (i) infrastructure and (ii) environment. Both will spawn host of industries and require massive investment.
Published 11 Jan, 2016 12:00am
China forex regulator says will ramp up risk control efforts
Exchange

China forex regulator says will ramp up risk control efforts

China's foreign exchange regulator said on Saturday it will ramp up risk control efforts, push ahead with regulatory reforms and look to accelerate the development of the country's foreign exchange market in 2016. The State Administration of Foreign Excha
Published 10 Jan, 2016 12:00am
TSX dips as mining stocks weigh
Exchange

TSX dips as mining stocks weigh

Canada's main stock index ended slightly lower on Friday, remaining in bear market territory as mining stocks weakened and a major healthcare company fell more than 6 percent. Relief that China's major stock indexes regained some ground proved short lived
Published 10 Jan, 2016 12:00am
Wall Street has worst start to year ever
Exchange

Wall Street has worst start to year ever

US stocks closed lower on Friday, ending a volatile week with their worst five-day start to a year ever, as sliding oil prices and lingering worries about the global economy offset upbeat US job growth. Both the Dow and S&P 500 had their worst five-day st
Published 10 Jan, 2016 12:00am
Canadian dollar falls broadly
Exchange

Canadian dollar falls broadly

The Canadian dollar slipped against a broadly stronger US dollar on Friday on lingering fears of more tumult in China and as oil prices fell further to notch a 10 percent fall for the week. Investors fear that China, the second-largest economy in the worl
Published 10 Jan, 2016 12:00am
Expectations dwindle that euro will fall to parity with dollar
Exchange

Expectations dwindle that euro will fall to parity with dollar

The chances the euro will fall to or below parity with the US dollar this year have slipped in the past month to one in four from roughly one in three, according to the latest Reuters poll of foreign exchange strategists. That forecast comes even though t
Published 10 Jan, 2016 12:00am
Robust US jobs data buoy dollar as China fears linger
Exchange

Robust US jobs data buoy dollar as China fears linger

The dollar rose on Friday on steps taken by China to ease this week's market turbulence and on US jobs gains in December, but the rise was limited by worries over whether Beijing has done enough to calm its battered stock market. Steep losses across globa
Published 10 Jan, 2016 12:00am
Sweden's central bank poised to stem krona rise
Exchange

Sweden's central bank poised to stem krona rise

The Swedish central bank said on Monday it stood ready to intervene in currency markets to stem the rise of the krona. Following an extraordinary monetary policy meeting, the Riksbank said the krona's appreciation was a threat to its efforts to kickstart
Published 10 Jan, 2016 12:00am
Chinese yuan to weaken just two percent through 2016
Exchange

Chinese yuan to weaken just two percent through 2016

The Chinese yuan is forecast to weaken just 2 percent this year, as China's central bank lowers its midpoint fixings and the dollar rises in anticipation of higher interest rates in the United States, according a Reuters poll of foreign exchange strategis
Published 10 Jan, 2016 12:00am
NYPD officer shot, wounded
Exchange

NYPD officer shot, wounded

A New York police officer was shot and wounded while breaking up a street fight, Police Commissioner William Bratton and Mayor Bill de Blasio said in a rare pre-dawn press conference Saturday. The shooting comes amid heightened security - and paranoia - f
Published 10 Jan, 2016 12:00am
Traders protest against anti-encroachment drive
Exchange

Traders protest against anti-encroachment drive

Traders and vendors shopkeepers on Saturday took to the streets against the local government's operation against illegal encroachments in Rawalpindi. The businessmen staged protest as the staffers of Tehsil Municipal Administration (TMA) reached Raja Baza
Published 10 Jan, 2016 12:00am