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Print - 2019-01-19
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (January 18, 2019).

Published 19 Jan, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (January 18, 2019).

Published 19 Jan, 2019 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (January 18, 2019).

Published 19 Jan, 2019 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (January 18, 2019).
Published 19 Jan, 2019 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 (January 18, 2019).

Published 19 Jan, 2019 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 (January 18, 2019).

Published 19 Jan, 2019 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 19 Jan, 2019 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 19 Jan, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 19 Jan, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 19 Jan, 2019 12:00am
Bridge Notes: Breaking ground

Bridge Notes: Breaking ground

Since the selection of the opening lead in defending against no trump or suit contracts, game or part - game is often the most crucial decision a defender faces operating in the dark with just 2 things to guide him - the bidding and his own hand. Of cours
Published 19 Jan, 2019 12:00am
Backstage, Paris Opera keeps venerable crafts alive

Backstage, Paris Opera keeps venerable crafts alive

At the Paris Opera, people often say that for the curtain to rise on its stars, the talents of 100 different trades are needed behind the scenes. Thanks to an academy, founded in 2015, to preserve some of those specialised crafts, Brazilian Tulio Morais w
Published 19 Jan, 2019 12:00am
Do Golden Globe wins translate into Oscars? Not so much

Do Golden Globe wins translate into Oscars? Not so much

With the Golden Globes done and dusted, Hollywood moves swiftly along to the crown-jewel of its award season: the Oscars. Members of the Academy of Motion Picture Arts and Sciences began voting Monday and their nominations will be revealed in two weeks' t
Published 19 Jan, 2019 12:00am
Animated film to spotlight bear that served in WWII

Animated film to spotlight bear that served in WWII

During World War II, Wojciech Narebski and his fellow Polish servicemen had to lift crate after heavy metal crate of artillery. Fortunately for them, one of the soldiers had superhuman strength: Corporal Wojtek, a Syrian brown bear. "When he saw that we w
Published 19 Jan, 2019 12:00am
Life after sweet sixty
Cotton

Life after sweet sixty

Life is cryptic, elusive, fragile, short and treacherous, as felt by one, yet is enchanting. Nobody likes to go after coming in this mortal world, even after a hundred years' of living. Mysteries of life and death are better known to only God. He is the o
Published 19 Jan, 2019 12:00am
Togo's barter market: keeping tradition alive and poverty at bay

Togo's barter market: keeping tradition alive and poverty at bay

Alohou Papa stands in the middle of the bustling market in Togoville and blows hard on a bright red whistle to catch everyone's attention. "It's 9 o'clock. The village chief is sending me to announce that bartering can now start," he cries. "No arguing an
Published 19 Jan, 2019 12:00am
Retailers eye new tech, data to revive fortunes

Retailers eye new tech, data to revive fortunes

With robots, augmented reality displays and other advanced technologies, traditional retailers are taking a cue from the online world to find new ways to connect and keep customers. The 2019 Consumer Electronics Show in Las Vegas featured dozens of exhibi
Published 19 Jan, 2019 12:00am
Lively recollection

Lively recollection

S M Fawad's paintings in bright and lively colours portrayed his feelings as well as documented past historical memories and present times in a solo exhibition titled "Realism" at Artciti Gallery, Karachi. In a realistic painting forms are clearly marked
Published 19 Jan, 2019 12:00am
Art Facts: Mansur Aye's interactive imagery

Art Facts: Mansur Aye's interactive imagery

Mansur Aye belonged to the group of talented artists who appeared on the Karachi art scene in mid-sixties. Mansur Aye started his career in 1962 from a two person exhibition along with his friend Jamil Naqsh. From his debut in the art world till his depar
Published 19 Jan, 2019 12:00am
Lentils with a side of rice: the save the world diet?

Lentils with a side of rice: the save the world diet?

Coming to dining tables everywhere by 2050: porridge for breakfast, rice for lunch, a dinner of lentils and vegetables, and a single hamburger every few weeks, as a treat. Here is a rundown of the daily meal plan that dozens of health and environment expe
Published 19 Jan, 2019 12:00am
Chilean Patagonia: an open-air lab to study climate change

Chilean Patagonia: an open-air lab to study climate change

In one of the most inhospitable places on Earth, the southernmost part of Chile's Patagonia region, scientists are studying whales, dolphins and algae in order to help predict how climate change will affect the world's oceans. For the study, four research
Published 19 Jan, 2019 12:00am
Who will ultimately rule the world?

Who will ultimately rule the world?

Organization's love dong crystal ball predictions:the crystal ball shows pictures that are likely to happen in the future. The more professional label is scenario planning or envisioning the future. It is really difficult to predict the future but some tr
Published 19 Jan, 2019 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,680. The traded value of Metals, Energy and COTS/FX was recorded at PKR 15.770 billion and the number of lots traded 22,675. Major business was contributed by NSDQ100 am
Published 19 Jan, 2019 12:00am
CBOT corn futures rise

CBOT corn futures rise

Chicago Board of Trade (CBOT) corn futures rallied on Thursday on technical buying and short-covering, and as unfavorable weather in South American crop areas threatened production potential, traders said. CBOT March corn settled 6 cents higher at $3.80 p
Published 19 Jan, 2019 12:00am
CBOT soyabean futures jump

CBOT soyabean futures jump

Chicago Board of Trade (CBOT) soyabean futures jumped more than 1 percent on Thursday on technical buying and short-covering, and as poor weather in South American soya areas threatened crops in Brazil and Argentina, traders said. CBOT March soyabeans ros
Published 19 Jan, 2019 12:00am
Chinese steel futures edge up in light trade

Chinese steel futures edge up in light trade

Chinese steel futures edged up in light trade on Thursday ahead of the Lunar New Year holidays, while iron ore barely moved after a three-day advance spurred by a disruption in supply from Rio Tinto's export facility in Australia.
Published 19 Jan, 2019 12:00am
CBOT wheat futures rise

CBOT wheat futures rise

Chicago Board of Trade (CBOT) wheat futures rose for a second straight session on Thursday on hopes for improved US export demand and in a further recovery from a steep slide earlier this week, traders said. CBOT March soft red winter wheat settled up 5-1
Published 19 Jan, 2019 12:00am
European wheat futures edge higher

European wheat futures edge higher

European wheat futures edged higher on Thursday, in keeping with the trend in Chicago, while the market awaited clearer signs of export demand for the second half of the season. March milling wheat, the most active contract on the Paris-based Euronext exc
Published 19 Jan, 2019 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 191,811 tonnes of cargo comprising 124,682 tonnes of import cargo and 67,129 tonnes of export cargo including 8,984 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargos of 12
Published 19 Jan, 2019 12:00am
Volume of business inches up on cotton market
Cotton

Volume of business inches up on cotton market

Volume of business inched up on the cotton market on Friday in the process of trading, dealers said. The official spot rate was unchanged at Rs 8,700, they added. In the ready session, around 5000 bales of cotton changed hands between Rs 6525-8900, they s
Published 19 Jan, 2019 12:00am
US natural gas futures down to three percent

US natural gas futures down to three percent

US natural gas futures reversed course to sink around 3 percent on Wednesday after rising as much as more than 5 percent earlier, as forecasts for cold weather were toned down. Front-month gas futures for February delivery on the New York Mercantile Excha
Published 19 Jan, 2019 12:00am
Explosive report alleges Trump ordered lawyer to lie

Explosive report alleges Trump ordered lawyer to lie

An explosive report alleging that Donald Trump ordered his lawyer to lie to Congress about a Russia skyscraper project prompted opposition Democrats Friday to pledge an investigation into whether the US president had committed a felony. Buzzfeed reported
Published 19 Jan, 2019 12:00am
'Make love, not CO2': Swiss students march for climate action

'Make love, not CO2': Swiss students march for climate action

Thousands of school children and university students across Switzerland skipped class on Friday to march in the streets and demand climate action, telling politicians "There is no planet B". Despite vows from a number of school districts to show zero tole
Published 19 Jan, 2019 12:00am
Zimbabwe blocks internet as crackdown intensifies
Currency

Zimbabwe blocks internet as crackdown intensifies

Zimbabwe on Friday imposed a "total shutdown" of the internet as international criticism mounted over a ruthless security crackdown after anti-government protests. Police and soldiers have been accused of indiscriminately dragging people from their homes
Published 19 Jan, 2019 12:00am
Bombing at jihadist munition depot kills 11 in north Syria

Bombing at jihadist munition depot kills 11 in north Syria

A bombing at an ammunition depot killed 11 people on Friday in the jihadist-held city of Idlib in northwestern Syria, a Britain-based war monitor said. It targeted the arms store belonging to Hayat Tahrir al-Sham, an alliance led by Syria's former Al-Qaed
Published 19 Jan, 2019 12:00am
EU commissioner to run for Slovak president

EU commissioner to run for Slovak president

European Commission vice president Maros Sefcovic announced Friday he will run for Slovak president as a non-partisan with backing from the ruling populist party. The EU and Nato member country of 5.4 million people will hold the presidential poll on Marc
Published 19 Jan, 2019 12:00am
British sailor acquitted in Canada gang rape case

British sailor acquitted in Canada gang rape case

A British Royal Navy sailor accused of taking part in the gang rape of a Canadian woman at a military barracks was acquitted Friday of sexual assault. Darren Smalley was the only person tried over the April 2015 alleged sexual assault in Halifax, in the e
Published 19 Jan, 2019 12:00am
Swine flu kills 40 in western India

Swine flu kills 40 in western India

At least 40 people have died and more than 1,000 have tested positive for swine flu since the beginning of this year in a western Indian state popular with foreigners, authorities said Friday. Last year around 1,100 people died and 15,000 were infected ac
Published 19 Jan, 2019 12:00am
Top North Korean general plans summit with Trump on White House visit

Top North Korean general plans summit with Trump on White House visit

A top North Korean general on Friday met President Donald Trump at the White House to prepare a fresh summit, a sign of progress in reaching a denuclearization deal that could end decades of hostility. Vice Chairman Kim Yong Chol, a right-hand man to lead
Published 19 Jan, 2019 12:00am
China stocks post third week of gains

China stocks post third week of gains

Chinese stocks rose on Friday, posting their third straight week of gains, buoyed by hopes that Beijing and Washington could reach a deal to end their tariff war. The blue-chip CSI300 index closed up 1.8 percent at 3,168.17 points, while the Shanghai Comp
Published 19 Jan, 2019 12:00am
Tokyo stocks up on US-China trade rumours

Tokyo stocks up on US-China trade rumours

Tokyo stocks closed higher on Friday, tracking gains on Wall Street as investors took heart from a report the US could lift trade tariffs on China. The benchmark Nikkei 225 index rose 1.29 percent or 263.80 points to end at 20,666.07. It rose 1.50 percent
Published 19 Jan, 2019 12:00am
Wall Street advances as industrials jump on trade hopes

Wall Street advances as industrials jump on trade hopes

US stocks advanced on Thursday as hopes of a resolution to the trade dispute between the United States and China boosted industrial shares and lifted investor sentiment. Stocks spiked higher in afternoon trading after the Wall Street Journal reported that
Published 19 Jan, 2019 12:00am
Hong Kong shares up

Hong Kong shares up

The Hong Kong shares rose on Friday amid optimism the United States and China were moving toward resolving their protracted trade dispute, and as technology and property stocks rallied. The Hang Seng index settled 1.3 percent higher at 27,090.81 points. T
Published 19 Jan, 2019 12:00am
Treasury yields up on economic data, trade hopes

Treasury yields up on economic data, trade hopes

US Treasury yields rose on Thursday with the benchmark 10-year yield reaching near three-week highs as better-than-expected economic data and hopes for progress in US-China trade talks diminished safe-haven demand for government debt.
Published 19 Jan, 2019 12:00am
Treasury yields up on economic data, trade hopes

Treasury yields up on economic data, trade hopes

US Treasury yields rose on Thursday with the benchmark 10-year yield reaching near three-week highs as better-than-expected economic data and hopes for progress in US-China trade talks diminished safe-haven demand for government debt.
Published 19 Jan, 2019 12:00am
Australian, New Zealand shares surge

Australian, New Zealand shares surge

Australian shares rose for a fourth consecutive day on Friday, scaling fresh two-month peaks as renewed hopes for progress in resolving the US-China trade war boosted risk appetites. The S&P/ASX 200 index closed 0.5 percent or 29.5 points up at 5,879.60,
Published 19 Jan, 2019 12:00am
Indian shares up on Reliance boost

Indian shares up on Reliance boost

Indian shares finished a touch higher on Friday, as earnings-driven gains in oil-to-retail conglomerate Reliance Industries Ltd helped offset sharp losses in Sun Pharmaceutical Industries Ltd. The benchmark BSE index closed 0.03 percent higher at 36,386.6
Published 19 Jan, 2019 12:00am
European shares surf to six-week highs on US-China trade progress

European shares surf to six-week highs on US-China trade progress

European shares jumped to their highest level in six weeks as signs of a detente in the trade war between the United States and China lifted markets from Wall Street to Beijing. The pan-European STOXX 600 jumped 1.8 percent and Germany's trade-sensitive D
Published 19 Jan, 2019 12:00am
Southeast Asian stocks climb, Philippines hits 9-1/2-month high

Southeast Asian stocks climb, Philippines hits 9-1/2-month high

Southeast Asian stock markets rose on Friday, with Philippines hitting a nine-and-a-half-month closing high, as a report of progress in Sino-US trade talks raised hopes of a deal to end a months-ling bitter tariff war between the world's top two economies
Published 19 Jan, 2019 12:00am
FTSE 100 jumps on Sino-US trade hopes, ending chaotic week with gains

FTSE 100 jumps on Sino-US trade hopes, ending chaotic week with gains

British blue-chip stocks rebounded sharply on Friday to bag four weeks of gains despite a tumultuous week in UK politics, helped by improving global sentiment prompted partly by signs of easing trade tensions between the United States and China.
Published 19 Jan, 2019 12:00am
Tesla to cut seven percent of workforce amid tough profit outlook

Tesla to cut seven percent of workforce amid tough profit outlook

Elon Musk's electric car manufacturer Tesla announced Friday it is cutting its workforce by about seven percent in a push to keep its Model 3 affordable for middle-income consumers. Shares fell sharply following the announcement, which also signaled a tou
Published 19 Jan, 2019 12:00am
Tesla to cut seven percent of workforce amid tough profit outlook

Tesla to cut seven percent of workforce amid tough profit outlook

Elon Musk's electric car manufacturer Tesla announced Friday it is cutting its workforce by about seven percent in a push to keep its Model 3 affordable for middle-income consumers. Shares fell sharply following the announcement, which also signaled a tou
Published 19 Jan, 2019 12:00am
Dutch top court slaps down Yukos bankruptcy ruling

Dutch top court slaps down Yukos bankruptcy ruling

Top Dutch judges refused Friday to recognise Russia's 2006 bankruptcy ruling of Yukos, in a case involving the transfer of shares from the defunct oil giant to a Russian state company. Once the face of post-communist Russian capitalism, Yukos was broken u
Published 19 Jan, 2019 12:00am
UK retail sales drop in December

UK retail sales drop in December

British retail sales fell in December as consumers held onto their cash after snapping up discounted Christmas gifts the previous month, official data showed Friday. Total sales slid 0.9 percent compared to November, the Office for National Statistics cal
Published 19 Jan, 2019 12:00am
Renault posts record sales as Ghosn successor sought

Renault posts record sales as Ghosn successor sought

French carmaker Renault unveiled record sales Friday of nearly 3.9 million vehicles last year, even as it prepares to turn the page on the era of chief executive Carlos Ghosn who remains behind bars in Tokyo on fraud charges. The company said sales in 201
Published 19 Jan, 2019 12:00am
Renault posts record sales as Ghosn successor sought

Renault posts record sales as Ghosn successor sought

French carmaker Renault unveiled record sales Friday of nearly 3.9 million vehicles last year, even as it prepares to turn the page on the era of chief executive Carlos Ghosn who remains behind bars in Tokyo on fraud charges. The company said sales in 201
Published 19 Jan, 2019 12:00am
China, Germany to boost financial sector cooperation

China, Germany to boost financial sector cooperation

China and Germany on Friday signed a series of agreements to strengthen cooperation in banking and financial sector supervision, as Beijing moves to open up the country's financial markets. The agreements were signed at the end of a two day visit by Germa
Published 19 Jan, 2019 12:00am
Barcelona taxis go on strike, block major street

Barcelona taxis go on strike, block major street

Dozens of taxis in Barcelona started an indefinite strike on Friday, blocking a major thoroughfare in protest against online ride-hailing services like Uber. The mobilisation comes ahead of a similar work stoppage due to kick off on Monday in Madrid just
Published 19 Jan, 2019 12:00am
India's richest man to battle Amazon, Walmart in e-commerce

India's richest man to battle Amazon, Walmart in e-commerce

Asia's richest man Mukesh Ambani announced details of a new online shopping platform Friday that will see his oil-to-telecoms conglomerate take on Amazon and Walmart in India's burgeoning e-commerce market. Ambani, the chairman of Reliance Industries, sai
Published 19 Jan, 2019 12:00am
Malaysia says Goldman apology not enough, wants $7.5 billion

Malaysia says Goldman apology not enough, wants $7.5 billion

Malaysia's finance minister said Friday an apology from Goldman Sachs for its role in the 1MDB scandal was not enough, and demanded the Wall Street giant pay $7.5 billion compensation. Huge sums were purportedly looted from Malaysian government fund 1MDB
Published 19 Jan, 2019 12:00am
Malaysia says Goldman apology not enough, wants $7.5 billion

Malaysia says Goldman apology not enough, wants $7.5 billion

Malaysia's finance minister said Friday an apology from Goldman Sachs for its role in the 1MDB scandal was not enough, and demanded the Wall Street giant pay $7.5 billion compensation. Huge sums were purportedly looted from Malaysian government fund 1MDB
Published 19 Jan, 2019 12:00am
Canada ended 2018 with two percent inflation

Canada ended 2018 with two percent inflation

Canadians paid 2.0 percent more for goods and services in December than a year earlier, the government statistical agency said Friday. The figure closing out 2018 was slightly higher than economists had forecast, after a 1.7 percent average price hike the
Published 19 Jan, 2019 12:00am
EU sets out plans for 'limited' US trade deal

EU sets out plans for 'limited' US trade deal

The EU pressed on Friday with plans to forge a trade deal with the US, part of an effort - backed by Germany - to avert a trade war with President Donald Trump. Negotiating a deal was the key to a transatlantic truce secured last year after the US slapped
Published 19 Jan, 2019 12:00am
US consumer morale at two-year low; factory output surges

US consumer morale at two-year low; factory output surges

US consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago as an ongoing partial shutdown of the federal government and financial market volatility stoked fears of a sharp decelerati
Published 19 Jan, 2019 12:00am
Polo D Sufi reach Battle Axe Polo Cup main final

Polo D Sufi reach Battle Axe Polo Cup main final

Polo D Sufi defeated PBG/Remounts by a narrow margin of 9-8 to qualify for the main final of the Battle Axe Polo Cup 2019 here at Cavalry Polo ground on Friday. Raja Temur Nadeem emerged as hero of the for Polo D Sufi as he fired in fabulous five goals wh
Published 19 Jan, 2019 12:00am
Sharapova stuns Wozniacki as Nadal and Federer plough on
Kerb

Sharapova stuns Wozniacki as Nadal and Federer plough on

Maria Sharapova stunned defending champion Caroline Wozniacki to sweep into the Australian Open last 16 Friday and join ice men Rafael Nadal and Roger Federer, who clinically disposed of their opponents. The Russian five-time Grand Slam winner, who has st
Published 19 Jan, 2019 12:00am
Egypt want Cup of Nations to start a day earlier

Egypt want Cup of Nations to start a day earlier

African Cup of Nations hosts Egypt want to start the tournament a day earlier than scheduled so fans can take full advantage over the opening weekend, the African Football Federation told AFP on Friday. Egypt took over as hosts for the tournament two week
Published 19 Jan, 2019 12:00am
Hungary puts suspected Football Leaks hacker under house arrest

Hungary puts suspected Football Leaks hacker under house arrest

A hacker said to have a key role in the Football Leaks website was placed under house arrest in Hungary pending an extradition request from his native Portugal, his lawyer said Friday. Rui Pinto, 30, was initially detained by police on Wednesday after a w
Published 19 Jan, 2019 12:00am
PSL-4 anthem released as Junoon, Pitbull to perform at Dubai opening

PSL-4 anthem released as Junoon, Pitbull to perform at Dubai opening

Junoon and Pitbull will perform at the opening ceremony of the fourth edition of the Pakistan Super League (PSL) which will get underway from February 14 at the UAE. The colourful opening ceremony will be held on February 14 at 8pm at the Dubai Internatio
Published 19 Jan, 2019 12:00am
Dhoni helps India clinch ODI series

Dhoni helps India clinch ODI series

Master finisher Mahendra Singh Dhoni eased India to a seven-wicket victory to clinch their one-day international series against Australia in Melbourne on Friday. The unflappable veteran wicketkeeper hit his third half-century of the three-game series to a
Published 19 Jan, 2019 12:00am
Spain to help China develop football

Spain to help China develop football

La Liga and China's Super League on Friday signed an accord to "make Chinese football grow throughout the world." "We are going to learn from La Liga as much about developing young players as about promoting our brand," Dong Zheng, the general secretary o
Published 19 Jan, 2019 12:00am
UoL win fifth All-Pakistan Inter-University Ski title

UoL win fifth All-Pakistan Inter-University Ski title

University of Lahore (UoL) clinched the trophy of the 5th All Pakistan Higher Education Commission Inter-University Men Ski Championship which concluded at PAF Ski Resort Naltar, on Friday. This was the first time that the event has been conducted at Nalt
Published 19 Jan, 2019 12:00am
Pakistan move into Asian Squash Team Championship semis

Pakistan move into Asian Squash Team Championship semis

Pakistan squash team took berth into the semi-final after recording another important victory against host Thailand in the ongoing 19th Asian Junior Squash Team Championship being played at Pattaya (Thailand), says a message received here on Friday.
Published 19 Jan, 2019 12:00am
Dollar rises against yen in Asia
Currency

Dollar rises against yen in Asia

The dollar was firm against the yen on Friday as growing optimism of progress in Sino-US trade talks supported broader appetite for risk. A Wall Street Journal report on Thursday that US Treasury Secretary Steven Mnuchin had considered easing tariff impos
Published 19 Jan, 2019 12:00am
Dollar rises against rivals in Europe
Currency

Dollar rises against rivals in Europe

The dollar held firm against its rivals on Friday and is poised for its first weekly gain in five weeks as investors trimmed some of their excessive short bets against it after some weak eurozone data this week. Going into 2019, weakness in the dollar was
Published 19 Jan, 2019 12:00am
Dollar stabilises in New York on US-China tariffs talks
Currency

Dollar stabilises in New York on US-China tariffs talks

The US dollar was left flat in Thursday afternoon trade after first rising on a report that US Treasury Secretary Steven Mnuchin had considered easing tariffs imposed on Chinese imports, then retracing those gains after his office denied the claim.
Published 19 Jan, 2019 12:00am
Aussie, kiwi get reprieve

Aussie, kiwi get reprieve

The Australian and New Zealand dollars got a fillip on Friday as a report of progress in the Sino-US trade dispute buoyed risk sentiment, though both currencies still nursed losses for the week. The blip came after the Wall Street Journal reported US Trea
Published 19 Jan, 2019 12:00am
Most Asian units trade cautiously
Currency

Most Asian units trade cautiously

Most Asian currencies traded within a tight range on Friday as optimism on possible progress in the US-China trade war was offset by strength in the dollar. The greenback firmed after the Wall Street Journal reported on Thursday that US Treasury Secretary
Published 19 Jan, 2019 12:00am
Sterling set for biggest weekly gain against euro
Currency

Sterling set for biggest weekly gain against euro

The pound weakened on Friday as investors took profits after a stellar rally that set the currency up for its biggest weekly gain against the euro in more than a year on growing confidence that a no-deal Brexit can be avoided. Data showing British shopper
Published 19 Jan, 2019 12:00am
Oxford says no to additional Huawei funding

Oxford says no to additional Huawei funding

Oxford University has decided to forgo further funding from Chinese tech giant Huawei as scrutiny grows in Europe over the telecom company's relationship with the Beijing government. Huawei has been under fire in recent months with the arrests of a top ex
Published 19 Jan, 2019 12:00am