Morgan Stanley cuts year-end dollar forecast Morgan Stanley cut its 2023 year-end forecast for the dollar index to 98, and expects the greenback’s weakness to be... Published 16 Jan, 2023 06:38pm
Business & Finance ‘Disinformation campaign’: govt ‘categorically denies’ import of luxury cars Says reports fake and misleading, urges citizens to be watchful of propaganda Published 16 Jan, 2023 04:13pm
Markets Indian rupee likely to inch up on upbeat Asian cues MUMBAI: The Indian rupee may open marginally higher against the US dollar on Monday, supported by a further uptick... Published 16 Jan, 2023 11:13am
Markets Aussie breaks past 70 cents for first time since August SYDNEY: The Australian dollar broke past the psychologically important level of 70 cents on Monday, buoyed by a... Published 16 Jan, 2023 10:40am
Markets Yen surges on BOJ policy shift speculations; dollar slides to seven-month low SINGAPORE: The dollar fell to a seven-month low against major peers on Monday while the yen spiked to an over... Published 16 Jan, 2023 10:33am
Business & Finance APTTA demands cut-off date for all Bill of Ladings KARACHI: All Pakistan Timber Traders Association (APTTA) has demanded of the government to allow cutoff date for all... Published 14 Jan, 2023 06:22am
Markets Dollar jumps on strong employment data NEW YORK: The dollar jumped on Thursday after data pointed to a strong jobs market a day before Friday’s highly... Published 05 Jan, 2023 08:43pm
Markets Dollar wavers after Fed minutes offer few surprises LONDON/SINGAPORE: The dollar was roughly flat in choppy trading on Thursday after the release of the latest Federal... Published 05 Jan, 2023 05:16pm
Markets Hawkish Fed rhetoric fails to lift dollar; Aussie jumps SINGAPORE: The dollar struggled to advance on Thursday even though Federal Reserve policymakers reiterated their... Published 05 Jan, 2023 10:55am
Opinion At CES tech mega-show, driverless cars show promise, limitations Crowds of techies will descend on Las Vegas this week for the annual CES technology mega-show, but one innovation ... Published 05 Jan, 2023 05:58am
Markets Copper hits two-month low as demand fears emerge LONDON: Copper prices slipped to two-month lows on Wednesday as the market focused on slowing economic growth and... Published 05 Jan, 2023 05:58am
Markets Dollar jumps to two-week high, euro slides as German inflation eases LONDON: The euro was on track for its biggest one-day drop since September as German inflation eased in December,... Published 03 Jan, 2023 05:41pm
Markets Yen scales seven-month high on BOJ policy shift hopes SINGAPORE: The yen spiked to a seven-month high against the US dollar on Tuesday on rising expectations that the... Updated 03 Jan, 2023 02:46pm
Markets Argentina’s soya sales near 80pc of harvest, lag previous year BUENOS AIRES: Argentina’s farmers have sold 78.9% of the 2021/2022 soybean harvest so far, the agriculture ... Published 03 Jan, 2023 03:25am
Markets Soybeans firm on Argentine dryness, wheat eases after rally SINGAPORE: Chicago soybean futures were largely unchanged on Thursday, with the market holding on to last three... Published 29 Dec, 2022 10:42am
Markets Asset classes and their performance in Pakistan: all that glittered in 2022 was gold USD-denominated Naya Pakistan Certificates and US dollar were placed second and third, respectively Published 27 Dec, 2022 05:24pm
Business & Finance Minister urged to resolve LCs issue, ease dollar crisis LAHORE: Pakistan Steel Melting Association (PSMA) on Thursday appealed to the Finance Minister Ishaq Dar to resolve... Published 23 Dec, 2022 05:54am
Markets Yen firms, underpinned by BOJ policy tweak; dollar steady LONDON: The yen was a touch firmer on Thursday, edging back towards a four-month peak against the dollar hit this... Published 22 Dec, 2022 05:48pm
Markets How 2022 shocked, rocked and rolled global markets LONDON: Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities and... Updated 22 Dec, 2022 02:52pm
Business & Finance ‘Unrestricted’ import of industrial inputs sought KARACHI: President of SITE Association of Industry Riaz Uddin has expressed grave concern over unannounced ban... Published 22 Dec, 2022 05:57am
Markets With Pakistan’s economy in a tailspin, speculators jack up prices in informal gold market Association says uncertainty behind not issuing gold rates on Wednesday Published 21 Dec, 2022 10:01pm
Opinion Politics of narratives and redlines Baroness Onora O’ Neill, in her Reith lectures on BBC (2002), published in book form by the Cambridge University... Published 21 Dec, 2022 06:05am
Business & Finance Raw material, machinery, parts: SITE president demands ‘unrestricted import’ KARACHI: President of SITE Association of Industry Riaz Uddin, in a press statement, has expressed grave concern ... Published 17 Dec, 2022 05:58am
Business & Finance BMP for revisiting trade, immigration policies LAHORE: Raising questions on the poor mechanisms to ensure dollars availability, the Federation of Pakistan Chambers... Published 29 Oct, 2022 05:55am
Pakistan Illegal trading of US dollars: APAT demands action against bankers, traders LAHORE: The All Pakistan Anjuman-e-Tajran (APAT) has demanded of the federal and provincial governments to identify... Published 20 Oct, 2022 05:36am
Print China’s state banks seen acquiring dollars in swaps market to stabilise yuan SHANGHAI/BEIJING: China’s state banks stepped up their intervention to defend a weakening yuan on Monday, with... Updated 18 Oct, 2022 09:44am
Pakistan Pakistan finance minister Ishaq Dar says rupee will strengthen to under 200 to the US dollar Currency would be strengthened through government 'policies', says Dar Updated 03 Oct, 2022 10:09pm
Markets Dollar swaps blow out as volatile Q3 ignites dash for cash LONDON: Demand for US dollars in the currency derivative markets surged on Friday to its highest since the COVID-19... Published 30 Sep, 2022 03:25pm
Pakistan WB, Punjab govt agree to expand cooperation in various fields LAHORE: A World Bank delegation led by its Country Director Najy Benhassine met with Punjab Chief Minister Chaudhry... Published 24 Sep, 2022 03:49am
Markets China to pay for Russian gas in yuan, rubles: Gazprom MOSCOW: Russia’s energy giant Gazprom said Tuesday that China will start paying for Russian gas in rubles and yuan... Published 07 Sep, 2022 04:13am