News Archives for Print - 2022-09-15

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Print - 2022-09-15

Stocks

Wall Street sputters amid rate hike jitters

NEW YORK: US stocks struggled for gains on Wednesday as an on-target inflation report stanched an extension of...

Published 15 Sep, 2022 07:26am

Stocks

China, Hong Kong stocks slump on bets of aggressive Fed rate hikes

SHANGHAI: China stocks fell on Wednesday by their most in three weeks, weighed down fears of fund outflows after...

Published 15 Sep, 2022 07:24am

Stocks

Japan stocks slump on US CPI data

TOKYO: Japanese stocks fell the most in three months on Wednesday, after overnight Wall Street losses on an...

Published 15 Sep, 2022 07:23am

Stocks

UK equities fall despite cooling August inflation

LONDON: Britain’s main stock indexes fell on Wednesday after a surprise fall in consumer prices did little to calm...

Published 15 Sep, 2022 07:21am

Commodities

Palm oil snaps 3-day rally on inflation jitters

KUALA LUMPUR: Malaysian palm oil futures closed lower on Wednesday as traders booked profits after a three-day ...

Published 15 Sep, 2022 07:20am

Money & Banking

Yen jumps vs dollar after BOJ rate check, hints on intervention, US PPI data

NEW YORK: The yen was up more than 1% against the dollar on Wednesday after the Bank of Japan conducted a rate check...

Published 15 Sep, 2022 07:18am

Energy

Oil rises 1pc on supply concerns, expectations for fuel switching

NEW YORK: Oil edged up 1% on Wednesday as an international energy watchdog expects an increase in gas-to-oil...

Published 15 Sep, 2022 07:16am

Commodities

Copper and aluminium fall on rate hike expectations

LONDON: Copper and aluminium prices fell on Wednesday as the threat of rising interest rates weakened the outlook ...

Published 15 Sep, 2022 07:14am

Grains

US corn, soybean futures fall

CHICAGO: US soybean and corn futures fell on Wednesday on a round of technical selling as traders adjusted their...

Published 15 Sep, 2022 07:13am

Cotton & Textile

Sizeable business activity on cotton market

LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained satisfactory. Cotton...

Published 15 Sep, 2022 07:11am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (September 14, 2022)....

Published 15 Sep, 2022 07:09am

Energy

Asia’s gasoline margin dips

SINGAPORE: Gasoline margins in Asia dipped on Wednesday amid expectations of more refined product export quotas from...

Published 15 Sep, 2022 07:08am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 63,682 tonnes of cargo comprising 32,472 tonnes of import cargo and 31,210...

Published 15 Sep, 2022 07:06am

Commodities

China steel futures ease

MANILA: Chinese steel futures fell on Wednesday after hitting two-week highs in the previous session, dragging down...

Published 15 Sep, 2022 07:05am

Grains

India’s rice exports set to fall as duty makes shipments expensive

MUMBAI/NEW DELHI: India’s rice exports could fall by around a quarter this year as New Delhi’s restrictions ...

Published 15 Sep, 2022 07:03am

Commodities

Japanese rubber futures rise

SINGAPORE: Japanese rubber futures rose for a fifth consecutive session on Wednesday, supported by gains in the...

Published 15 Sep, 2022 07:01am

Commodities

PMEX daily trading report

KARACHI: On Tuesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 26.295...

Published 15 Sep, 2022 07:00am

Taxes

FBR to first implement plan for single ST returns in Punjab

LAHORE: The Federal Board of Revenue (FBR) will start execution of single sales tax return from the province of...

Published 15 Sep, 2022 07:00am

Surge in dengue cases: CM approves setting up of disease control centre

LAHORE: Expressing concern over surge in the number of dengue patients in Rawalpindi, Lahore and Gujranwala, Chief...

Published 15 Sep, 2022 06:57am

Money & Banking

Foreign currency exchange companies short of Australian dollar

LAHORE: A number of people, who want to travel to Australia, are facing great difficulties in purchasing Australian...

Published 15 Sep, 2022 06:55am

Hydro Union leadership praised

FAISALABAD: The leadership of Hydro Union is appreciable for providing free of cost education to the children of ...

Published 15 Sep, 2022 06:53am

Punjab Assembly passes local govt bill amidst opposition’s protest

LAHORE: Amidst opposition protest The Punjab Assembly on Wednesday passed the Local Government Bill 2021 by majority...

Published 15 Sep, 2022 06:51am

Organised drive launched against IK, claims Umar

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Central General Secretary and former federal minister Asad Umar has claimed...

Published 15 Sep, 2022 06:37am

Bank assessing situation: ADB expresses concern over future of its projects

LAHORE: The Asian Development Bank has expressed concerns on the progress of funded-projects in the Punjab due to...

Published 15 Sep, 2022 06:34am

UBG calls for results-oriented packages for flood-hit farmers

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s United Business Group (UBG) on Wednesday...

Published 15 Sep, 2022 06:31am

Relations with Pakistan: Blome calls for efforts to exploit untapped potential

ISLAMABAD: The United States Ambassador to Pakistan, Donald Blome, on Wednesday emphasised the need for exploiting...

Published 15 Sep, 2022 06:28am

Disappearance of Haseeb Hamza: IHC orders federal govt to conduct investigation

ISLAMABAD: The Islamabad High Court (IHC) on Wednesday directed the federal police to conduct a comprehensive...

Published 15 Sep, 2022 06:28am

Commodities

Gold prices down

KARACHI: Gold prices on Wednesday lost a sizeable value on the local market, traders said. They fell by Rs800 to Rs...

Published 15 Sep, 2022 06:28am

Energy

Dasu project may start producing electricity by Nov 2026: Wapda chief

PESHAWAR: The Water and Power Development Authority (Wapda) is making concerted efforts to complete diversion system...

Published 15 Sep, 2022 06:23am

FO terms FATF team’s visit ‘smooth and successful’

ISLAMABAD: Describing the recent onsite visit of the Financial Action Task Force (FATF) technical team as “smooth...

Published 15 Sep, 2022 06:20am

‘Imran to face public wrath if drive against institutions not stopped’

ISLAMABAD: Federal Minister Mian Javed Latif on Wednesday said the Pakistan Tehreek-e-Insaf Chairman Imran Khan was...

Published 15 Sep, 2022 06:16am

‘Women’s contribution can enhance country’s income by 25pc’

ISLAMABAD: State Minister for Finance and Revenue Aisha Ghaus Pasha said women’s contribution can enhance the...

Published 15 Sep, 2022 06:14am

Companies

FFC again ranks 1st amongst ‘Top 25 listed cos of PSX’

KARACHI: Pakistan Stock Exchange (PSX) instituted Top 25 Companies Award in 1994 to acknowledge the performance of...

Published 15 Sep, 2022 06:11am

Roosevelt Hotel: team likely to be sent to US for talks with union

ISLAMABAD: The government is likely to dispatch a team comprising of officials from the Aviation Division, the...

Updated 15 Sep, 2022 11:45am