JLI Meeseq Fund Rates on Friday (June 26, 2015).

At least 27 people, including foreigners, were killed Friday in a mass shooting at a Tunisian beach resort packed with holidaymakers, in the North African country's worst attack in recent history. The carnage came on a day of bloodshed with a suicide bomb

JLI Meeseq Fund Rates on Friday (June 26, 2015).

At least 27 people, including foreigners, were killed Friday in a mass shooting at a Tunisian beach resort packed with holidaymakers, in the North African country's worst attack in recent history. The carnage came on a day of bloodshed with a suicide bomb

Jubilee Life Insurance Capital Growth Fund Rates on Friday (June 26, 2015).

A suicide bomber killed 25 people when he blew himself up inside a packed Shia mosque in Kuwait city during Friday prayers, the interior ministry said, the first attack of its kind in the major oil-exporting country. The Islamic State militant group claim

Jubilee Life Insurance Capital Growth Fund Rates on Friday (June 26, 2015).

A suicide bomber killed 25 people when he blew himself up inside a packed Shia mosque in Kuwait city during Friday prayers, the interior ministry said, the first attack of its kind in the major oil-exporting country. The Islamic State militant group claim

Jubilee Life Insurance Capital Growth Fund Rates on Friday (June 26, 2015).

Chairman Senate Mian Raza Rabbani has written a letter to the chairman Senate Standing Committee on Water and Power to convene a meeting on power cuts in Karachi. Rabbani expressed his concerns over unprecedented loss of lives caused by the current heatwa

Jubilee Life Insurance Managed Growth Fund Rates on Friday (June 26, 2015).

Chairman Senate Mian Raza Rabbani has written a letter to the chairman Senate Standing Committee on Water and Power to convene a meeting on power cuts in Karachi. Rabbani expressed his concerns over unprecedented loss of lives caused by the current heatwa

Jubilee Life Insurance Managed Growth Fund Rates on Friday (June 26, 2015).

Edhi volunteers on Friday held a mass funeral for 50 victims of Karachi's worst heatwave in decades, whose bodies had gone unclaimed. More than 1,000 people have died as a result of days of scorching temperatures, with the sprawling metropolis Karachi the

Jubilee Life Insurance Managed Growth Fund Rates on Friday (June 26, 2015).

Edhi volunteers on Friday held a mass funeral for 50 victims of Karachi's worst heatwave in decades, whose bodies had gone unclaimed. More than 1,000 people have died as a result of days of scorching temperatures, with the sprawling metropolis Karachi the

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Pakistan Steel Mills'' (PSM) production came to a complete halt on Friday due to low gas pressure. Sources told Business Recorder that after achieving some 2 percent production capacity in the previous months, the country''s largest steel producing

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (June 26, 2015).

Pakistan Steel Mills' (PSM) production came to a complete halt on Friday due to low gas pressure. Sources told Business Recorder that after achieving some 2 percent production capacity in the previous months, the country's largest steel producing p

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (June 26, 2015).

Pakistan Steel Mills' (PSM) production came to a complete halt on Friday due to low gas pressure. Sources told Business Recorder that after achieving some 2 percent production capacity in the previous months, the country's largest steel producing p

Money market report by Khadim Ali Shah Bukhari & Co on Friday (June 26, 2015).

Finance Minister Ishaq Dar has been reportedly informed by tax authorities that the projected revenue collection of the Federal Board of Revenue (FBR) would fall short of the thrice downward revised target by Rs 30 billion. Optimistic estimates project to

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Friday (June 26, 2015).

Finance Minister Ishaq Dar has been reportedly informed by tax authorities that the projected revenue collection of the Federal Board of Revenue (FBR) would fall short of the thrice downward revised target by Rs 30 billion. Optimistic estimates project to

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (June 26, 2015).

Finance Minister Ishaq Dar has been reportedly informed by tax authorities that the projected revenue collection of the Federal Board of Revenue (FBR) would fall short of the thrice downward revised target by Rs 30 billion. Optimistic estimates project to

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Friday (June 26, 2015).

A syndicate of big banks is giving a fresh credit line of Rs 7.5 billion at 2 percent above KIBOR to the Power Holding Company as it is not able to pay interest on the Rs 134 billion of Term Finance Certificates, it is reliably learnt. The interest had fa

Interest rates on old and incremental FCY deposits on Friday (June 26, 2015).

A syndicate of big banks is giving a fresh credit line of Rs 7.5 billion at 2 percent above KIBOR to the Power Holding Company as it is not able to pay interest on the Rs 134 billion of Term Finance Certificates, it is reliably learnt. The interest had fa

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (June 26, 2015).

A syndicate of big banks is giving a fresh credit line of Rs 7.5 billion at 2 percent above KIBOR to the Power Holding Company as it is not able to pay interest on the Rs 134 billion of Term Finance Certificates, it is reliably learnt. The interest had fa

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (June 26, 2015).

Prime Minister Nawaz Sharif has decided to give targets to every ministry and for this purpose he will sign performance contracts with each and every Minister by the first week of July, 2015. Sources privy to the development said that Minister for Plannin

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (June 26, 2015).

Prime Minister Nawaz Sharif has decided to give targets to every ministry and for this purpose he will sign performance contracts with each and every Minister by the first week of July, 2015. Sources privy to the development said that Minister for Plannin

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (June 26, 2015).

Prime Minister Nawaz Sharif has decided to give targets to every ministry and for this purpose he will sign performance contracts with each and every Minister by the first week of July, 2015. Sources privy to the development said that Minister for Plannin

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

Prime Minister Nawaz Sharif has decided to give targets to every ministry and for this purpose he will sign performance contracts with each and every Minister by the first week of July, 2015. Sources privy to the development said that Minister for Plannin

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

The fluctuations observed during the day:

The fluctuations observed during the day:

All timings are in PST (Pakistan Standard Time).

There was a time when a new video game adaptation was enough to make film critics gag, but the big money involved is starting to attract a new level of talent. Video game movies have an ignoble history in Hollywood, dating back to the dark days of the ear

Pixar's critically acclaimed "Inside Out" - an animated look at the mind of a pre-teen girl - could not defeat the dinosaurs of "Jurassic World" at the North American weekend box office. But Pixar, now part of the Disney empire, nevertheless set an impres

Taylor Swift may be best known for bubble-gum pop anthems loved by teenage girls, but at 25 she has shown herself to be a formidable force in the business world, as Apple found out. Apple, a $750 billion tech leader that is rarely described as laid-back i

A bird weighing just two teaspoons of sugar scares off a predator 40 times its size by imitating the "hawk alarm" of other species, scientists said Wednesday. The trick is used by the brown thornbill, one of Australia's tiniest birds, to scare off its muc

Less power hungry, economical with memory and a smarter Siri - these are all promised in the ninth version of Apple's iOS mobile-device operating system, due for all iPhones from the 4S up this autumn. Here's an overview of the new functions: - Power Savi

Impoverished communities across the globe are receiving lifesaving tips for dealing with disease, draught and depression from short, user-friendly videos that are free online. Agriculture animations, for example, show how to build raised planting beds usi

Delicious and nourishing Dates are a treasure of vitamins, minerals and fibers. Dates are powerhouse of energy to keep you healthy and fit during the holy month of Ramazan. The nutritious fruit contains oil, calcium, sulfur, iron, potassium, phosphorous,

An experimental patch that could automatically deliver doses of insulin to patients with diabetes has been successfully tested in lab animals, researchers said Monday. If trials in people are shown to work, the patch could offer a less painful alternative

Muslims with type 2 diabetes who choose to fast during Ramazan may benefit from individualised education programmes, according to findings presented this month at the annual meeting of the American Diabetes Association (ADA) in Boston. Muslims around the

A patio has to meet the same demands as a living room, says Heike Roettgen from the Federation of German Landscape Architects: it offers space for family life to develop and sparkle. Even the keen DIY enthusiast is best advised to leave the planning of a

For centuries, women and sometimes men have squeezed their feet into tiny shoes or balanced on towering heels to feel sexy, empowered and to show their wealth and status. Now their sacrifice is being celebrated in a new exhibition, 'Shoes: Pleasure and Pa

Reflecting stimulating evocative vivid memories of the past Amir Raza's paintings in an exhibition titled "Where do we stand" at Full Circle Gallery, Karachi questions where do we stand as a Nation after about seven centuries of independence.

Green technology to turn fog into fresh water straight from the tap has put an end to exhausting daily treks to distant wells by village women in south-west Morocco. Families in five highland Berber communities have begun to benefit from "fog harvesting",

It was mainly heat that killed them. Moeover, you could not find a bottle of cold water to give heat shocked patients because every single market and tea stall, snack shops and food shop called 'hotel' were closed. The temperature hit the unbearable and u

On Thursday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 3.617 billion. The number of lots traded was 18.97 million. PMEX Commodity Index closed at 2,720. Major business was contributed by gold amounting to PKR 2.659 billion followed by c

Farms in Ukraine's southern regions have launched the 2015 grain harvest, threshing the first 20,000 hectares, analyst UkrAgro Consult said on Wednesday. "The average yield is unlikely to be lower than last year owing to favourable weather conditions," th

Tea prices in Bangladesh fell for the fourth straight week at a weekly auction on Tuesday due to low demand from local buyers in the Muslim fasting month of Ramazan, brokers said. Tea prices dropped sharply in the last marketing season on poor demand from

The International Grains Council on Thursday cut its forecast for global wheat production in 2015/16 but raised its outlook for the corn (maize) crop. The IGC, in a monthly update, put global wheat production for 2015/16 (July to June) at 711 million tonn

Bids for corn and soyabeans delivered on the cash market fell at processors and elevators around the US Midwest on Thursday, pressured by heavy farmer selling of both commodities. A rally in the futures market prompted the sales, which included old-crop a

Wheat futures on the Chicago Board of Trade rose on Thursday, touching a two-week high on technical buying and worries about harvest delays in the US Midwest, traders said. CBOT July wheat reached $5.33 a bushel, nearly matching its 200-day moving average

ICE Canadian canola futures rose on Wednesday on dryness concerns in parts of the Canadian Prairies and technical buying. Lack of farmer selling also seen supporting the market. July canola rose $5.60 at $511.90 per tonne. Most-active November canola adde

Export premiums for corn and soyabeans shipped from the US Gulf Coast were steady to lower on Thursday as prices for new-crop shipments eased in tandem with sinking CIF barge basis values, traders said. Higher Chicago Board of Trade futures on Thursday tr

US natural gas futures ended up over 3 percent on Thursday on forecasts for stronger demand over the next two weeks and an expected smaller-than-normal storage build. On its second to last day as the front-month, July gas futures on the New York Mercantil

The Karachi Port handled 154,630 tonnes of cargo comprising 124,578 tonnes of import cargo and 30,052 tonnes of export cargo including 3,985 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 124

Renewed buying interest in new crop was witnessed on the cotton market on Friday in the process of trading, dealers said. The official spot rate gave back overnight gains, losing Rs 100 to Rs 5200, dealers said. In the ready session, around 3000 bales of

According to the Daily Market Report by the Wholesale Grain Merchant Group, no change was seen on the local commodity market on Friday.

Spot basis bids for hard red winter wheat flattened out across the southern US Plains on Thursday after rising earlier in the week, grain dealers said. Farmers booked some sales of the grain when dealers raised their bids earlier this week but most have s

Colombia's central bank held its benchmark interest rate for a tenth consecutive month on Wednesday, as policymakers grapple with the twin constraints of inflationary pressure and an economy weakened by the drop in global oil prices. The seven-member boar

The multi-million dollar domestic worker recruitment business is pushing thousands of women into crippling debt by charging hefty fees for finding jobs, the co-founder of an employment agency said on Tuesday as he called for an overhaul of the industry.

Mexico's factory exports suffered their biggest fall in over two years in May, pointing to weaker demand from its main trade partner, the United States, though a jump in non-oil consumer imports pointed to more robust spending at home. Manufactured export

Vivendi said on Wednesday it raised its stake in Telecom Italia to 14.9 percent, replacing Telefonica as its biggest shareholder and gaining a foothold in a country it said had significant growth prospects. The move makes Vincent Bollore, Vivendi chairman

Vivendi said on Wednesday it raised its stake in Telecom Italia to 14.9 percent, replacing Telefonica as its biggest shareholder and gaining a foothold in a country it said had significant growth prospects. The move makes Vincent Bollore, Vivendi chairman

Mexico has more investment projects under negotiation with Cuba than any other Latin American country as it seeks to strengthen relations within the region and engage with the Communist-run nation, the country's head trade official in Cuba says. Luis Cabr

The eastern German economy is still struggling to catch up with the west, 25 years after unification, largely because of a lack of large companies in the region, the economy ministry said on Thursday. "Big companies and corporate headquarters are largely

Swedish fashion giant Hennes and Mauritz (H&M) on Thursday reported an 11-percent rise in its second quarter net profit on the back of a 20-percent jump in sales, but warned of the impact of a strengthening dollar. The company, whose fiscal quarter runs f

Swedish fashion giant Hennes and Mauritz (H&M) on Thursday reported an 11-percent rise in its second quarter net profit on the back of a 20-percent jump in sales, but warned of the impact of a strengthening dollar. The company, whose fiscal quarter runs f

Vietnam's economy grew by 6.28 percent in the first half of this year, racing along at its fastest rate since 2008, official figures showed Friday. Gross domestic product (GDP) rose to 6.28 percent in January-June, according to General Statistics Office e

German shoppers became more cautious for the first time since October as they headed into July, with alarm about Greece sapping consumers' confidence, GfK market research group said on Thursday. The GfK consumer sentiment indicator, based on a survey of 2

Hundreds of merchants from China to Malaysia flocked to Naypyidaw on Friday to inspect jade and other precious stones at an annual auction that offered a glimpse into the country's notoriously murky but lucrative gems industry. The 13-day emporium that op

Japanese car giant Honda revised down its annual earnings for the last fiscal year on Friday, blaming the expanding recalls of faulty airbags made by Takata, which have been linked with eight deaths. The nation's third biggest automaker said its net profi

Japanese car giant Honda revised down its annual earnings for the last fiscal year on Friday, blaming the expanding recalls of faulty airbags made by Takata, which have been linked with eight deaths. The nation's third biggest automaker said its net profi

Loans to the private sector in the euro area, a gauge of economic health, have started growing again, suggesting the European Central Bank's monetary policy is gradually working, ECB data showed Friday. After long months of contraction, the volume of loan

Banking giant HSBC has ended its five-year sponsorship of a closely watched series of business activity surveys, financial research group Markit, which compiles the data, said Friday. The HSBC Markit Emerging Markets monthly purchasing managers' indexes (

Banking giant HSBC has ended its five-year sponsorship of a closely watched series of business activity surveys, financial research group Markit, which compiles the data, said Friday. The HSBC Markit Emerging Markets monthly purchasing managers' indexes (

Nearly $3 billion generated from China's state lotteries - a quarter of the funds they raised in recent years - have been "misappropriated" through embezzlement and other abuses such as buying cars, state-run media said on Friday. A total of 16.9 billion

Nearly $3 billion generated from China's state lotteries - a quarter of the funds they raised in recent years - have been "misappropriated" through embezzlement and other abuses such as buying cars, state-run media said on Friday. A total of 16.9 billion

China's premier, Li Keqiang, said the economy's fundamentals were good and major indicators were improving, although the government would strengthen targeted policy adjustments, according to state-owned China Central Television. China's annual economic gr

Price cuts and better service helped Tesco win back shoppers in its latest quarter, Britain's biggest retailer said on Friday, suggesting new boss Dave Lewis's turnaround plan is starting to have an impact. Tesco has had a horrendous 18 months, with compe

Japan's household spending in May rose for the first time in more than a year, and a robust jobs market fuelled hopes that companies will begin lifting wages needed to spark inflation towards the central bank's ambitious 2 percent goal. The rebound offers

Rosneft, Russia's top oil producer, reported a 30 percent increase in first-quarter net profit to 56 billion roubles ($1 billion) on Friday, broadly in line with expectations. Analysts, polled by Reuters, expected net income at 58 billion roubles. The com

Rosneft, Russia's top oil producer, reported a 30 percent increase in first-quarter net profit to 56 billion roubles ($1 billion) on Friday, broadly in line with expectations. Analysts, polled by Reuters, expected net income at 58 billion roubles. The com

Vietnam has approved removing foreign ownership caps on most listed companies, its finance minister confirmed on Friday, scrapping a 49 percent limit in one of its most liberal economic reforms yet. The communist government is stepping up reforms to the $

China's banking regulator said on Friday that it will permit the establishment of more privately-owned banks and allow foreign investors to participate in the reform process to help shore up the state-dominated financial sector. The government has taken a

Chinese stocks plunged over 7 percent on Friday, with one key index recording its biggest fall since 2008, hit by tight liquidity conditions ahead of the quarter-end and uncertainty over the central bank's easing policy. The market is now down over 20 per