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May 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-04-08
Terror link as Pakistani killed in 'horrific' Australia attack

Terror link as Pakistani killed in 'horrific' Australia attack

A Pakistani petrol station attendant was stabbed to death during an "absolutely horrific" crime spree in Australia, authorities said, fearing Friday that the attack was terror-linked. The 29-year-old man was found with multiple stab wounds late Thursday a
Published 08 Apr, 2017 12:00am
Four dead by truck driven into crowd in Stockholm

Four dead by truck driven into crowd in Stockholm

Four people were killed and 15 injured when a stolen truck ploughed into a crowd of people outside a busy department store in central Stockholm Friday, police said, adding that one man had been arrested in connection with the attack. It was the latest in
Published 08 Apr, 2017 12:00am
Four dead by truck driven into crowd in Stockholm

Four dead by truck driven into crowd in Stockholm

Four people were killed and 15 injured when a stolen truck ploughed into a crowd of people outside a busy department store in central Stockholm Friday, police said, adding that one man had been arrested in connection with the attack. It was the latest in
Published 08 Apr, 2017 12:00am
Close friend of Zardari goes missing

Close friend of Zardari goes missing

Ghulam Qadir Mari, a close-friend of former President Asif Ali Zardari and a member of District Council Tando Allah Yar, has gone missing, Aaj News reported on Friday night. Mari was on way back to his home district Tando Allah Yar from Larkana, said the
Published 08 Apr, 2017 12:00am
Close friend of Zardari goes missing

Close friend of Zardari goes missing

Ghulam Qadir Mari, a close-friend of former President Asif Ali Zardari and a member of District Council Tando Allah Yar, has gone missing, Aaj News reported on Friday night. Mari was on way back to his home district Tando Allah Yar from Larkana, said the
Published 08 Apr, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (April 07, 2017).

Published 08 Apr, 2017 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (April 07, 2017).
Published 08 Apr, 2017 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 (April 07, 2017).

Published 08 Apr, 2017 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 (April 07, 2017).

Published 08 Apr, 2017 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 08 Apr, 2017 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 08 Apr, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 08 Apr, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 08 Apr, 2017 12:00am
Blockbuster nature series catches dynamite fishermen on film

Blockbuster nature series catches dynamite fishermen on film

Documentary filmmakers shooting a new blockbuster nature series in the Philippines said Sunday they chased men they saw fishing with dynamite. A camera crew working on the new four-part show "Big Pacific" - which is to start screening across the globe thi
Published 08 Apr, 2017 12:00am
BRIDGE NOTES: Do you need to improve?

BRIDGE NOTES: Do you need to improve?

This week, our focus is on streamlining your bidding on the various aspects of Bridge in different competitive situations and positions for a sound bidding perspective is essential in the making of a good Bridge player. Well let us begin with a few proble
Published 08 Apr, 2017 12:00am
Horror icon Michael Rooker on serial killing and lifesaving

Horror icon Michael Rooker on serial killing and lifesaving

Michael Rooker could be the answer to a difficult trivia quiz question - who is that actor whose work you know well, even if you can't quite match the face to the movie? Yet from "Days of Thunder," to "JFK," "Mississippi Burning" and "Mallrats," his movie
Published 08 Apr, 2017 12:00am
Lisa Kudrow on 'Boss Baby,' 'Friends,' Hollywood sexism

Lisa Kudrow on 'Boss Baby,' 'Friends,' Hollywood sexism

Lisa Kudrow, best known for playing the kooky Phoebe Buffay in hit sitcom "Friends," said she was delighted to reunite with Alec Baldwin, who played one of Phoebe's boyfriends, in new DreamWorks animated film "The Boss Baby." Kudrow plays a mother unaware
Published 08 Apr, 2017 12:00am
Let us talk

Let us talk

The World Health Organization is an agency of the United Nations that focuses on the public health of the world at large. Every year on 7 April, WHO celebrate World Health Day to mark the anniversary of the founding of WHO. The purpose of the day is to pr
Published 08 Apr, 2017 12:00am
Brain's reward system

Brain's reward system

Three neuroscientists won the world's most valuable prize for brain research last month for pioneering work on the brain's reward pathways - a system that is central to human and animal survival as well as disorders such as addiction and obesity.
Published 08 Apr, 2017 12:00am
A slice of luxury: Hong Kong's high-end fruit fad

A slice of luxury: Hong Kong's high-end fruit fad

It might be a healthy food choice, but Hong Kong's latest fruit fad is doing serious damage to shoppers' wallets. From luxury supermarkets to outdoor stalls, expensive premium produce is increasingly on show and sought after by customers. At Hong Kong's v
Published 08 Apr, 2017 12:00am
Inventor hopes eTrike will succeed where uncle's Sinclair failed

Inventor hopes eTrike will succeed where uncle's Sinclair failed

More than 30 years after his uncle spectacularly failed to get Britain moving in battery-powered tricycles, inventor Grant Sinclair is optimistic his updated version of the C5 will be a well ridden success. Gone is the low seat, poor protection and white
Published 08 Apr, 2017 12:00am
US-UK alliance targets the world's deadliest superbugs

US-UK alliance targets the world's deadliest superbugs

Eleven biotech companies and research teams in Britain and the United States were awarded up to $48 million in funding last Thursday to speed development of new antibiotics powerful enough to take on the world's deadliest superbugs. The range of antimicro
Published 08 Apr, 2017 12:00am
London exhibition elevates selfies as an art form

London exhibition elevates selfies as an art form

From Old Masters' self-portraits to contemporary selfies taken on phones, a London exhibition explores the creative potential of a mode of expression whose modern form is often derided as inane. The British capital's Saatchi Gallery on Friday (March 31st)
Published 08 Apr, 2017 12:00am
Picasso's tragic first wife emerges from the shadows

Picasso's tragic first wife emerges from the shadows

She was Picasso's forgotten wife, written out of history as a "neurotic", snobbish depressive who was a drag on the great artist. But a new exhibition is shining a very different light on Olga Khokhlova, his first wife who he refused to divorce because he
Published 08 Apr, 2017 12:00am
ART FACTS: Reflections of known and unknown

ART FACTS: Reflections of known and unknown

Zahid Mehmood Mayo is a talented budding artist who experiments old values and styles in new ways thus reflecting realities around him with different perspectives. In his recent series of paintings titled 'Begaaniyan Moortan De Anjaane Vaasi' exhibited at
Published 08 Apr, 2017 12:00am
Solar wind turned Mars into dry, cold planet

Solar wind turned Mars into dry, cold planet

Particles blasting out from the sun stripped away what was once a thick, Earth-like atmosphere on Mars, leaving behind a dry and cold world inhospitable to life, researchers said in a study released last Thursday. About 4 billion years ago when life was s
Published 08 Apr, 2017 12:00am
2017 already marked by climate extremes: UN

2017 already marked by climate extremes: UN

Extreme weather and climate conditions, including Arctic "heatwaves", are continuing this year, after 2016 topped the global temperature charts and saw shrinking sea ice and surging sea levels. The World Meteorological Organization (WMO) warned Tuesday th
Published 08 Apr, 2017 12:00am
KARACHI CHRONICLE: Summer is here

KARACHI CHRONICLE: Summer is here

In Karachi summer always arrives with a bang; the weather changes suddenly from cool to very hot. These days the temperature is in the mid thirties Celsius. In my muhalla, as in many other parts of the city, summer arrives with a literal big bang as the o
Published 08 Apr, 2017 12:00am
CBOT wheat futures higher

CBOT wheat futures higher

Wheat futures on the Chicago Board of Trade closed higher on Wednesday on light technical buying including short-covering, traders said. CBOT May wheat futures settled 2-3/4 cents higher at $4.29 per bushel. Commodity funds continue to hold a large net sh
Published 08 Apr, 2017 12:00am
CBOT soya futures up from multi-month lows

CBOT soya futures up from multi-month lows

Chicago Board of Trade soyabean futures closed higher on Wednesday in a technical bounce from multi-month lows set a day earlier, along with worries about heavy rains stalling the Argentine soya harvest, traders said. CBOT May soyabeans settled up 6-1/2 c
Published 08 Apr, 2017 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Thursday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,044. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 2.98 billion and the number of lots traded was 8,720. Major business was contributed by WT
Published 08 Apr, 2017 12:00am
European wheat prices little changed

European wheat prices little changed

Western European wheat prices were little changed on Wednesday as Paris futures consolidated above recent contract lows and traders looked ahead to an Algerian tender for further clues on export demand. Front-month May milling wheat on the Paris-based Eur
Published 08 Apr, 2017 12:00am
Soyameal up on European feeds market

Soyameal up on European feeds market

Soyameal in Europe was firmer on Wednesday, tracking gains in CBOT futures on the back of bargain buying following recent losses because of projections of a record-large South American soyabean crop and bearish US planting intentions. "It was about time f
Published 08 Apr, 2017 12:00am
European gasoline margins hold six-month high

European gasoline margins hold six-month high

Gasoline refining margins in north-west Europe softened slightly on Tuesday but held near to a six-month highs on an open arbitrage to the United States and heavy refinery maintenance in Asia. Arbitrage to the United States was open enabling Europe to dra
Published 08 Apr, 2017 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 161,047 tonnes of cargo comprising 111,529 tonnes of import cargo and 49,518 tonnes of export cargo including 6,261 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 111
Published 08 Apr, 2017 12:00am
Insipid business on cotton market
Cotton

Insipid business on cotton market

Lacklustre trading activity was witnessed on the cotton market on Friday as mills kept on the sidelines in the process of trading, dealers said. The official spot rate was unchanged at Rs 6750, they said. In ready session, only 2000 bales of cotton sold a
Published 08 Apr, 2017 12:00am
Asia's naphtha cracks fall from five-week high

Asia's naphtha cracks fall from five-week high

Asia's naphtha cracks fell to $79.45 a tonne on Wednesday, down 5.2 percent from a five-week high hit in the previous session due to stronger Brent but persistent demand continued to lend support. South Korea's GS Caltex emerged to buy naphtha for second-
Published 08 Apr, 2017 12:00am
No ECB interest rate rise before end of bond-buying: Draghi
Currency

No ECB interest rate rise before end of bond-buying: Draghi

The European Central Bank will not raise interest rates before ending its mass bond-buying programme, president Mario Draghi said Thursday, quashing speculation that a mounting eurozone recovery would prompt him to change course. "We are not yet at a stag
Published 08 Apr, 2017 12:00am
Adidas looks to 3-D printers for new generation sneakers

Adidas looks to 3-D printers for new generation sneakers

German sportswear giant Adidas said Friday it will start selling shoes with 3-D printed soles, taking a new step in expanding its customised sporting goods range. The company already offers customers bespoke options including the colour and texture of the
Published 08 Apr, 2017 12:00am
China forex reserves rises for a second month in March
Currency

China forex reserves rises for a second month in March

China's foreign exchange reserves increased for a second month in row in March, rising by $3.9 billion, officials said Friday, as the yuan currency shows signs of stabilisation. The world's largest currency hoard rose to $3.01 trillion, data from the Peop
Published 08 Apr, 2017 12:00am
Canada manufacturing rebounds, jobless rate up in March

Canada manufacturing rebounds, jobless rate up in March

Canada's manufacturing sector in March posted the largest one-month increase in jobs since 2002, but it wasn't enough to buoy overall jobs figures, the government statistical agency said Friday. Total employment was up 19,000 in March. The unemployment ra
Published 08 Apr, 2017 12:00am
Weak British output data trigger growth concerns

Weak British output data trigger growth concerns

Britain's industrial output fell more than anticipated in February in a sign that the economic resilience seen after the Brexit referendum could be starting to crumble, official data showed Friday. Industrial output contracted by 0.7 percent in February,
Published 08 Apr, 2017 12:00am
Mexico inflation accelerates to highest in over seven years

Mexico inflation accelerates to highest in over seven years

Annual inflation in Mexico accelerated in March to its highest level in more than seven and a half years amid a jump in the prices of some fruit and vegetables, and following a surge in gasoline costs at the start of 2017, data showed on Friday. Consumer
Published 08 Apr, 2017 12:00am
Struggling Deutsche Bank raises fresh capital

Struggling Deutsche Bank raises fresh capital

Germany's troubled lender Deutsche Bank said Friday it successfully raised 8.0 billion euros in fresh capital, as part of its efforts to get back on track after two straight years of losses. Deutsche Bank said it had issued 687.5 million new shares at 11.
Published 08 Apr, 2017 12:00am
Fitch cuts South Africa's credit rating to 'junk'
Currency

Fitch cuts South Africa's credit rating to 'junk'

Ratings agency Fitch said Friday it had cut South Africa's credit rating to junk status, citing the recent political instability prompted by a controversial cabinet reshuffle. The agency downgraded the country's sovereign debt rating from 'BBB-' to 'BB+'
Published 08 Apr, 2017 12:00am
Fitch cuts South Africa's credit rating to 'junk'
Currency

Fitch cuts South Africa's credit rating to 'junk'

Ratings agency Fitch said Friday it had cut South Africa's credit rating to junk status, citing the recent political instability prompted by a controversial cabinet reshuffle. The agency downgraded the country's sovereign debt rating from 'BBB-' to 'BB+'
Published 08 Apr, 2017 12:00am
Airbus loses Q1 order race as delays hamper A320neo

Airbus loses Q1 order race as delays hamper A320neo

Airbus took 20 new jet orders in March to end the first quarter well behind rival Boeing as delays in deliveries of the A320neo shifted the spotlight back to an earlier model. The France-based company ended the quarter with 26 orders, but the net total fo
Published 08 Apr, 2017 12:00am
Germany sees industrial production, trade surplus grow

Germany sees industrial production, trade surplus grow

Germany saw a surprise boost in industrial production and a widening of its trade surplus in February amid rising tensions with the Trump White House over its export strength. Europe's largest economy reported a leap in production of 2.2 percent from the
Published 08 Apr, 2017 12:00am
Weather dampens US job growth; unemployment rate dives to 4.5 percent

Weather dampens US job growth; unemployment rate dives to 4.5 percent

US job growth slowed sharply in March amid continued layoffs in the retail sector, but a drop in the unemployment rate to a near 10-year low of 4.5 percent suggested labour market strength remained intact. Nonfarm payrolls increased by 98,000 jobs last mo
Published 08 Apr, 2017 12:00am
Australia takes Apple to court over 'refusing service' claims

Australia takes Apple to court over 'refusing service' claims

Apple was Thursday taken to court by Australia's consumer watchdog for violating laws by allegedly refusing to look at or repair some iPads and iPhones previously serviced by a third party. The tech giant "made false, misleading, or deceptive representati
Published 08 Apr, 2017 12:00am
ECB calls for tougher regulation of foreign bank branches

ECB calls for tougher regulation of foreign bank branches

The European Central Bank has proposed that large branches of foreign banks in the European Union be subject to tighter regulation and capital requirements, a move that would increase US and Asian lenders' costs and also hit British banks after Brexit. Th
Published 08 Apr, 2017 12:00am
PSA Peugeot-Citroen plant in Algeria 'this year': PM

PSA Peugeot-Citroen plant in Algeria 'this year': PM

Algeria is expected to sign a deal with French carmaker PSA to open a plant in the North African country "this year", Algeria's prime minister said Thursday. The project with PSA, which owns the Peugeot, Citroen and DS brands, will "come into being this y
Published 08 Apr, 2017 12:00am
Bumper soya harvest likely pulled Brazil out of recession in Q1

Bumper soya harvest likely pulled Brazil out of recession in Q1

Brazil's economy probably came out of recession in the first quarter almost exclusively thanks to a record soya harvest, economists said on Wednesday, forecasting a broader recovery to start later in the year. Brazil's agricultural output, which accounts
Published 08 Apr, 2017 12:00am
Samsung heir accused of bribery, perjury as trial opens

Samsung heir accused of bribery, perjury as trial opens

The heir to the huge Samsung business empire appeared in court Friday at the start of his trial for embezzlement and perjury, part of a corruption scandal that brought down South Korea's president. Lee Jae-Yong, the vice-chairman of Samsung Electronics, w
Published 08 Apr, 2017 12:00am
Australia banking watchdog warns of more curbs on housing

Australia banking watchdog warns of more curbs on housing

Australia's banking watchdog said on Wednesday that authorities can and will take further action if needed to stop a debt-fuelled bubble in the country's red-hot housing market. Wayne Byres, chairman of the Australian Prudential Regulatory Authority (APRA
Published 08 Apr, 2017 12:00am
Bosnia lending may be delayed over reforms: IMF

Bosnia lending may be delayed over reforms: IMF

The International Monetary Fund on Thursday warned that lending to Bosnia-Herzegovina could be interrupted after local lawmakers failed to adopt tax and deposit insurance measures supported by the Fund. The Fund in September approved a three-year $600 mil
Published 08 Apr, 2017 12:00am
Australian shares struggle; New Zealand down

Australian shares struggle; New Zealand down

Australian shares struggled on Friday as investors took flight from global risk after the United States launched cruise missile strikes on a Syrian airbase, sharply escalating the US role in Syria's years-long civil war. Investors were already in a cautio
Published 08 Apr, 2017 12:00am
Tokyo stocks soar
Currency

Tokyo stocks soar

Tokyo shares closed higher Friday after a day of seesawing trade as US missile strikes against Syria fuelled geopolitical concerns. The benchmark Nikkei 225 index gave up early gains after Donald Trump ordered an assault on a Syrian airfield in retaliatio
Published 08 Apr, 2017 12:00am
Wall Street posts slight gain, investors anxious on Trump-Xi meet

Wall Street posts slight gain, investors anxious on Trump-Xi meet

Wall Street's major indexes closed slightly higher on Thursday but finished well off session highs as investors were nervous about upcoming talks between China's President Xi Jinping and US President Donald Trump. The leaders of the world's two biggest ec
Published 08 Apr, 2017 12:00am
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