Will China dump U.S. bonds as a trade weapon?
(Reuters) - The trade war between Beijing and Washington has stoked concern in financial markets that China might opt to weaponize its holdings of more than $1.1 trillion worth of U.S. Treasuries in retaliation for the tariffs the Trump administration has imposed on Chinese imports. Often referred to as the ?nuclear option,? choosing to dump so large a pool ...
Stock exchange CEO Richard Morin resigns
During his term at the Montreal Exchange from 1984 to 1995, he held various key positions such as vice-president operations - derivative products, director market quality, and director market development and a listing officer. For over a year, from 1998 to 1999 he was appointed as the chief of mission of Regional Stock Exchange of West Africa to devise ...
PSX Chief Richard Morin Resigns
Lahore (UrduPoint / Pakistan Point News ? 28th May, 2019) ( ) Chief Executive Officer Richard Morin has resigned his . Morin tendered his resignation after the board of directors issued a show-cause notice for breaching the contract by having another . Richard Morin had failed to explain his involvement as the board chairman of a foreign ...
Spot Rates Of Cotton (Crop 2018-19)
KARACHI, (UrduPoint / Pakistan Point News - 28th May, 2019 ) : Association (KCA) on Tuesday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16" Micronaire value between 3.8 and 4.9 .
Govt pays Rs 62 bln to textile sector under PM exports enhance package
ISLAMABAD, May 28 (APP):The government has so far paid Rs 62.5 billion to the local textile industry under Prime Minister?s Exports Enhancement Package since July 2017, to help boost exports from the country, senior official in the ministry of textiles and industry told APP here on Tuesday.
KPT Shipping Intelligence Report
KARACHI, (UrduPoint / Pakistan Point News - 28th May, 2019 ) :The Port Trust ( ) issued the following shipping report for the last 24 hours, ending 0700 hours on Tuesday. ALONG SIDE (Bulk Pier) OP-I D. Mogas 27/05/19 OP-I D. Crude 25/05/19 OP-II Apanemo D. Mogas GAC 26/05/19 ALONG SIDE (East Wharves): 12/13 W-SKY D. Cannola East ...
Rupee loses 76 paisa against US dollar, KSE-100 drops 500 points
Yesterday, dollar?s price in open market was pushed to 149.74 amid falling demand coupled with a surge in supply in the preceding session. In the interbank market, the greenback was being traded at Rs149.60 as compared to Rs150.90 in the last session, posting a decline of Rs1.30. According to analysts, overseas Pakistanis are sending huge amounts of remittance ahead ...
Foreign Currency Account Scheme
FOREIGN ACCOUNTS SCHEME BBA BID MAXIMUM RATES R A T E S FOR PAYMENT OF WITH INTEREST BY VALUE AUTHORIZED DEALERS U.S. VALUE 28-05-19 For 3 months and over but less than 6 months 2.2706% PA 3.0206% PA For 6 months and over but less than 12 Months 2.3101% PA 3.0601% PA For 12 months 2.3948% PA 3.2698% PA For 2 Years 2.3948% PA 3.7698% PA For 3 Years 2.3948% PA ...
Foreign Exchange Rates
KARACHI, (UrduPoint / Pakistan Point News - 28th May, 2019 ) :The Rates Committee of Financial Association of issued the following exchange rates bulletin, here on Tuesday. LIBOR VALUE 6 MONTHS US 2.5601 28.05.2019 CONVERSION RATES FOR 28TH FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS) SBP SETTLEMENT VALUE 30, 2019 USD 149.5862 GBP 190.0343 EUR ...
NBP Exchange Rates
Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A 150.50 ...
Kazakh Energy Ministry Says May Start Talks On Oil Deliveries With Minsk Within 2 Weeks
NUR-SULTAN (UrduPoint News / Sputnik - 28th May, 2019) SULTAN, 28 (Sputnik) - start talks with on the possible deliveries of and products to within two weeks, Kazakh Energy Minister Kanat Bozumbayev said on Tuesday. Kazakh Ambassador to Yermukhamet Yertysbayev noted that was ready to supply to the republic, ...
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 28 May 2019
These currency prices are provided by open market currency exchange dealers, and currency rates in Pakistan are updated four times every day to keep them fresh and relevant for users.
Latest Gold Rate For May 28, 2019 In Pakistan
, 28 May 2019 is being sold for Rs 59,757 per 10 grams in Pakistan, and price of Gold is Rs 69,700 per Tola in Pakistan today. Since the gold prices are different in every city of Pakistan, the rates can be checked for each of the city at Urdu Point. Below is the table providing latest gold rates for the cities ...
Rogozin Describes Debt Crisis At Khrunichev Space Center As Threat To National Security
MOSCOW (UrduPoint News / Sputnik - 28th May, 2019) The financial situation at the Khrunichev State Research and Production Center is a threat to national security, General Director of 's State Space Corporation Roscosmos, Dmitry Rogozin, said in an interview with Sputnik.
Hong Kong Stocks Finish Morning With Modest Gains
Hong Kong, (UrduPoint / Pakistan Point News - 28th May, 2019 ) : shares edged up Tuesday morning, tracking gains in European overnight as investors expressed relief over centrists keeping control of the European following weekend elections.
Asian Stocks Rise After Gains In Europe
Hong Kong, (UrduPoint / Pakistan Point News - 28th May, 2019 ) : pushed higher Tuesday, following up on a positive performance by European shares overnight as investors breathed a sigh of relief over populists' failure to take over the European after weekend elections. "Exciting for and perhaps a sign of things to come as ...
Death Toll In Knife Attack In Japan At 2, Another 5 People In Serious Condition - Reports
TOKYO (UrduPoint News / Sputnik - 28th May, 2019) Two of the wounded in the stabbing in the Japanese city of , including a and a schoolgirl, the NHK broadcaster reported on Tuesday. According to earlier reports, an unknown 50-year-old stabbed almost 20 people, mostly children, at a bus stop.
Japanese envoy calls on Razak Dawood
(APP) - Ambassador of Japan to Pakistan Kuninori Matsuda Monday called on Advisor to Prime Minister on Commerce, Textile, Industries and Production and Investment Abdur Razak Dawood and discussed opportunities of bilateral trade and investment. He also discussed the areas of Japanese cooperation and technical assistance for up-gradation of machinery of textile sector and improving labor productivity especially in ...
Pak-China trade must touch new heights of enhanced mutual deeper economic cooperation
(APP) ? Founder Chairman Pak US Business Council Iftikhar Ali Malik Monday hailed visit of Vice President of the People?s Republic of China Wang Qishan to Pakistan and urged for deeper economic cooperation with China saying that this collaboration would usher in a new era of progress, prosperity, development, economic growth and welfare of the people of the region. ...
Hong Kong Shares Edge Down At Open
Hong Kong, (UrduPoint / Pakistan Point News - 28th May, 2019 ) : inched lower in early trade Tuesday as a positive statement by US President on and resolving their economic differences failed to allay investor concerns.
