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
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
Resurgent Svetlana Kuznetsova denied Ashleigh Barty a chance to reclaim the world number one ranking Saturday as the Russian veteran thrashed the Australian 6-2, 6-4 in the WTA Cincinnati Masters semi-finals.
Manchester City were forced to settle for a 2-2 draw against Tottenham after the Premier League champions were denied a dramatic winner by VAR, while Liverpool extended their perfect start to the title race with a 2-1 win at Southampton on Saturday.
Bangladesh appointed South Africa Russell Domingo as their head coach on Saturday succeeding Steve Rhodes who exited after the team finished eighth in the World Cup last month. Domingo, who coached South Africa to the semi-finals of the Twenty20 World Cup
Sri Lanka's batters set the stage Saturday for a thrilling final day, reaching 133 without loss at stumps on day four as they chased 268 to beat New Zealand in the first Test in Galle. Openers Dimuth Karunaratne and Lahiru Thirimanne were involved in a re
Australia's Steve Smith returned to make 92 after a sickening blow to the neck before England captain Joe Root fell for the first golden duck of his Test career as Pat Cummins took two wickets in two balls on a dramatic fourth day of the second Ashes clas
The Crimean peninsula plans to harvest a record grain crop of 1.8 million tonnes in 2019, the regional agriculture ministry said in a statement on Tuesday.
Strategie Grains has made a sharp increase to its forecasts for European Union production and exports of soft wheat this season, citing strong harvest expectations in France and Britain together with increasingly competitive EU export prices.
Palladium is expected to widen its lead over sister metal platinum to a whopping $619 an ounce on average this year and $595 an ounce in 2020, a Reuters poll showed on Thursday.
The London Metal Exchange is poised to extend its closing open-outcry trading sessions for all metals after volumes jumped in a three-month trial, denting expectations of an eventual move to full electronic trading.
Top soyabean buyer China can do without supplies from the United States in the fourth quarter and can rely on imports from South America instead, said an analyst with a government-backed think-tank on Friday.
Chicago Board of Trade soyabean futures fell on Thursday as forecasts for rain in the US Midwest bolstered expectations that the harvest will be more than big enough to meet demand, traders said. The rain is expected to come at a critical time for soyabea
Northwest European gasoline refining margins fell to $12 a barrel on Thursday, 80 cents lower than the previous session according to Reuters calculations, amid a rise in gasoline inventories in the region. Gasoline stocks in independent storage at the Ams
The Karachi Port handled 115,422 tonnes of cargo comprising 90,102 tonnes of import cargo and 25,320 tonnes of export cargo including 6,477 loaded and empty containers during the last 24 hours ending at 0700 hours on Saturday. The total import cargos of 9
Strong mills' buying helped the rates to sustain present levels on the cotton market on Saturday, dealers said. The official spot rate was unchanged at Rs 7750, they added. In ready session, about 8000 bales of cotton changed hands between Rs 7600 and Rs
Norway's BW Offshore has won approval from Brazilian oil regulator ANP for the purchase of the Maromba oilfield, part of the Oslo-listed company's plan to become an operator and not just a supplier of oil services, platforms and ships.
The US Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from US companies so that it can service existing customers, two sources familiar with the situation said.
The Trump administration is sparing some Chinese-made household furniture, baby items and internet modems and routers from its next rounds of 10% tariffs, it said on Friday.
Iraq raised its domestic production of gasoil and gasoline in 2019, the Oil Ministry said in statement on Saturday. Current production rates of gasoline stand at 14.29 million litres per day, up from the 2018 average of 11.485 million.
British finance minister Sajid Javid said he would make 600 million pounds ($729 million) available to support the building of 50,000 new homes by investing in necessary infrastructure, the latest spending pledge by the new government.
Donald Trump said Friday that tech giant Apple would be spending "vast sums" of money in the US in a tweet ahead of a dinner meeting with its CEO Tim Cook.
Seven people, including two children, were killed and four others missing after a ferry carrying dozens of passengers caught fire off Indonesia's Sulawesi island early Saturday, police said.
Thousands of travellers at US airports faced delays on Friday because of an nationwide outage of US Customs and Border Protection's (CBP) processing systems that lasted several hours.
Turkey's mega city Istanbul was lashed by a heavy rainstorm on Saturday, killing a homeless man and leaving parts of the historic Grand Bazaar flooded. A homeless man was found dead at an underpass in the Unkapani district apparently drowned by the flood,
Fiji Prime Minister Frank Bainimarama blasted his Australian counterpart Scott Morrison as "very insulting", saying China offers a more welcoming brand of diplomacy following a tense Pacific summit. Bainimarama accused Morrison of heavy-handed tactics aft
Nine people were killed in a hotel fire in Ukraine's port city of Odessa on Saturday, leading authorities to launch a country-wide inspection of safety regulations in holiday resorts and hotels.
Regime and Russian air strikes killed 11 civilians including a woman and six of her children in northwest Syria, a war monitor said Saturday, a day after a deadly air raid on a nearby displacement camp.
Italy's far-right Interior Minister Matteo Salvini on Saturday reluctantly let 27 migrant children rescued at sea disembark from a charity vessel anchored in limbo off Lampedusa island for days. In a letter, Salvini told Prime Minister Giuseppe Conte he c
Kenya has approved its first ever issuance of a green bond, which will raise 5 billion shillings ($48.45 million) for student accommodation, the capital markets regulator CMA said on Thursday.
Kenya has approved its first ever issuance of a green bond, which will raise 5 billion shillings ($48.45 million) for student accommodation, the capital markets regulator CMA said on Thursday.
European shares are seen moving sideways until end-2019 and making just modest gains thereafter, a Reuters poll showed, as investors shy away from big bets on a region whose export-oriented economy makes it vulnerable to trade war risks.
Investor optimism about the new Brazilian government's economic and fiscal reforms will power Brazilian stocks higher this year, leading to gains of more than twice those expected in Mexican stocks, according to Reuters polls.
Inversion of Canada's yield curve by the most in nearly two decades is threatening to coerce the Bank of Canada to cut interest rates rather than risk an economic downturn, portfolio managers said on Wednesday.
Benchmark US Treasury yields rose on Friday on a report that Germany may be open to running a deficit to boost growth, while stronger stock markets also reduced demand for safe haven debt.
Benchmark US Treasury yields rose on Friday on a report that Germany may be open to running a deficit to boost growth, while stronger stock markets also reduced demand for safe haven debt.
Investors sought safety in bonds at the greatest rate since the 2008 global financial crisis as simmering US-China trade tensions increase the chances of a recession, Bank of America Merrill Lynch's latest monthly survey showed.
Investors sought safety in bonds at the greatest rate since the 2008 global financial crisis as simmering US-China trade tensions increase the chances of a recession, Bank of America Merrill Lynch's latest monthly survey showed.
The gap in valuations of Japanese shares is at its widest since the dot-com crisis two decades ago and will likely stay that way until global trade tensions ease, analysts say. The Nikkei share average has been stuck in a narrow trading range for months b
Newly created oil and gas group Wintershall DEA plans to hold an initial public offering in the second half of the next year, its chief executive told Reuters, in a deal that could become one of the largest European listings in 2020.
Newly created oil and gas group Wintershall DEA plans to hold an initial public offering in the second half of the next year, its chief executive told Reuters, in a deal that could become one of the largest European listings in 2020.
Office sharing startup WeWork will be going public after its parent company filed papers Wednesday for a stock sale, despite losing money amid rapid expansion.
US stocks rebounded on Friday as an ebbing bond rally and news of potential German economic stimulus brought buyers back to the equities market, closing the book on a tumultuous week. While all three major US stock averages ended the session higher, they
Argentina's latest financial market shock has failed to swamp other emerging markets in the way its previous plunges have done - in part due to the increasing isolation of the country's credit and investments from the rest of the pool. Argentina's economy
Argentina's latest financial market shock has failed to swamp other emerging markets in the way its previous plunges have done - in part due to the increasing isolation of the country's credit and investments from the rest of the pool. Argentina's economy
Trade tensions between the United States and China and a weakening yuan are boosting demand for cryptocurrencies among Chinese investors, market players from Asia to New York said. Exchanges, researchers and brokers told Reuters they have seen an uptick i
Speculators cut their bullish bets on the US dollar in the latest week, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the dollar's net long position, derived from net positions of Inter
The dollar ended roughly flat on Friday, retracing the morning's move higher, after worries tied to trade tensions and a Federal Reserve rate cut weighed on consumer sentiment and a report that Germany may run a deficit to boost growth lifted the euro. Ge
Bakkt Trust Co LLC has been granted a license to operate as a limited liability trust company, the New York State Department of Financial Services said on Friday. Bakkt is a cryptocurrency platform affiliate of Intercontinental Exchange Inc, which also ow
The Canadian dollar strengthened against its US counterpart on Friday, with the currency rebounding from an eight-day low it hit the previous session as investor appetite for risk increased. Global stocks gained as a waning bond rally and news of potentia
Prices of essential kitchen items, especially perishable items, witnessed a reduction during this week as compared to previous week, a survey conducted by Business Recorder revealed here on Saturday.
At least five people including a woman were killed in firing over marriage feud here on Saturday, police said. According to details, the incident took place in Yar Muhammad Colony of Larkana where armed men barge into house of rivals with whom they were i
Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan on Saturday stated that the United Nations Security Council's (UNSC) meeting on Kashmir has proved that Kashmir is considered as a disputed territory at the inte
Pakistan Zindabad Movement (PZM) Saturday took out a big rally to condemn Indian atrocities in the occupied Kashmir and demanded of the world community and the Islamic countries to take notice of human rights violation against people of Indian held Kashmi
A group of Belgian tourists after exploring the scenic beauty of the valleys of Gilgit-Baltistan said more foreign tourists should come to Pakistan as it was a land full of wonders with its amazing natural attractions and unexplored mountains and valleys.
Senate Standing Committee on Interior Chairman Senator Rehman Malik Saturday wrote a letter to the Foreign Minister Shah Mehmood Qureshi, urging him to move the United Nations against Indian Prime Minister Narendra Modi for his crimes against humanity in
Prime Minister Imran Khan will visit Lahore today and is expected to hold meetings with Punjab's governor and chief minister. During his visit, Prime Minister Imran Khan will chair a meeting of the provincial cabinet. It is also expected that the prime mi
National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal here on Saturday reiterated the commitment that the anti-graft watchdog will take the mega corruption and white collar cases to their logical conclusion. Chairing a high-level meetin
Fear of Election Commission of Pakistan becoming inactive has been prevailing as incumbent Chief Election Commission (CEC) Justice Sardar Muhammad Raza Khan is also set to retire in less than four months after two others members retired earlier this year.
The National Electric Power Regulatory Authority (Nepra) has launched a formal investigation against Karachi's power utility, K-Electric over fatal incidents and widespread outages during the recent heavy rainfall. Recent monsoon rains caused havoc due to
A minor boy reportedly aged below 15 years was died due to inhumane torture of citizens over alleged robbery in Kokan housing society of Karachi, a private news channel reported on Saturday. Police officials have arrested two persons over the alleged invo
Prime Minister of Pakistan Imran Khan met PTI member Babar Awan to exchange ideas and seek counsel on constitutional, political and lawful matters, as well as Kashmir issue. Awan called on the Prime Minister and congratulated him on presenting the plight
Prime Minister Imran Khan has directed for inclusion of every segment in the steps being taken to protect environment and deal with challenges of climate change.
Chief Minister Khyber Pakhtunkhwa Mahmood Khan will formally launch 'Plant for Pakistan Drive in Khyber Pakhtunkhwa today at Shahkas Area (Adjacent to Masood Scouts) of District Khyber under which 5 million saplings will be planted throughout the province
Governor Punjab Chaudhry Muhammad Sarwar on Saturday said that India is against the Afghan peace process and Kartarpur Corridor project; but Pakistan will complete the project before the 550th celebrations of Baba Guru Nanak Dev.
As the government is going to complete its one year in power the Friends of Economic and Business Reforms (FEBR) has hailed it for managing to narrow down the trade deficit by over 15 percent to around $32 billion in 2018-19 mainly due to drop in import f
Provincial Disaster Management Commission (PDMA) issues flood alerts throughout the rivers in the province. According to details, floods are feared in rivers, Chenab, Ravi, Sutlej, Beas and Jehlum within the next 72 hours. The commission also directed the
Jamaat-e-Islami Chief Sirajul Haq has said that Indian fascist tactics and threats about the use of atom bomb have badly exposed the BJP government's war hysteria.
Scattered spells of rain continued for the second consecutive day in the city amidst a fresh forecast of the Met office that rains would continue for another 24 hours. Torrential rain in major parts of the city cooled down the weather and the citizens too
17th of August 1988 was one of the darkest days in the history of Pakistan. It is the day when 29 high-level military officers, including the Chief of Army Staff, General Zia-ul-Haq and Joint Chief of Staff General Akhtar Abdul Rahman, were assassinated a
