News Archives for Print - 2014-06-02

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Print - 2014-06-02

The Weather

The weather report on Sunday (June 01, 2014) and the forecast for Monday (June 02, 2014).

Published 02 Jun, 2014 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DECEMBER 2013)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 02 Jun, 2014 12:00am

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (May 26 to 30 2014).

Published 02 Jun, 2014 12:00am

06:25 Headline News

30 News Hour

Published 02 Jun, 2014 12:00am

Good omen for direct foreign investment

The hallmark of this industrial zone is a perimeter wall with controlled entry and exit points offering a safe and secure environment to industrialists.

Published 02 Jun, 2014 12:00am

About Yunus Brother Group (YBG)

The history of Yunus Brothers Group (YBG) can be traced back to 1962 when the foundation of a trading house was laid. The establishment of the fabric trading business house, which turned into one of the largest business group of Pakistan in a period spann

Published 02 Jun, 2014 12:00am

Gadoon Textile: the largest spinning unit of the country

Gadoon Textile is another success tale of the YB Group. Since its inception in the year 1988, it intends to be the largest spinning production unit in Pakistan and hence became the leader in the industry it operates; a trait that is possessed by most of i

Published 02 Jun, 2014 12:00am

Expo Milano 2015

Milan was chosen by the Bureau International des Expositions in 2008 to be the hosting city of the 2015 Universal Exposition. The first Universal Exposition was held in London in 1851 and was such a success that other nations were encouraged to organise s

Published 02 Jun, 2014 12:00am

Italy-Pakistan: an ever-growing Partnership

The story of Italy-Pakistan relations is a tale of mutual respect, effective co-operation and reciprocal comprehension. In January 2013 our bilateral co-operation has been re-launched through the signing of a "Strategic Engagement Plan", that aims at furt

Published 02 Jun, 2014 12:00am

Italy - a major textile trading partner of Pakistan

The National Day of Republic of Italy is celebrated on June 2 every year - the day on which The Republic of Italy was born in Year 1946. My heartiest wishes are with the people of Italy on this auspicious occasion.

Published 02 Jun, 2014 12:00am

Six children injured in explosion

Six children were injured and hospitalised due to blast in a scrap shop here on Sunday. Levies sources said that the children were busy in weighing scrap brought from Afghanistan in a shop near Ghorra Hospital of Chaman when explosives present in the scra

Published 02 Jun, 2014 12:00am

PSM decides to hire more people

The new management of Pakistan Steel Mills (PSM), which recently received yet another bailout package of Rs 18.5 billion from the federal government as part of a restructuring plan, has decided to hire more people on very attractive perks and privileges,

Published 02 Jun, 2014 12:00am

Coming generations: MQM struggling for better future: Altaf

Muttahida Qaumi Movement (MQM) chief Altaf Hussain has asserted that his party is making efforts for the better future of coming generations. Altaf was addressing a joint meeting of MQM Rabitta Committee in London and Pakistan simultaneously via telephone

Published 02 Jun, 2014 12:00am

Subsidised electricity: K-Electric signs MoU with Lady Dufferin Hospital

K-Electric (KE) signed MoU with Lady Dufferin Hospital (LDH), Pakistan's largest women's hospital, for the provision of subsidised electricity to the organisation in an effort to appreciate their contribution in the field of women's health.

Published 02 Jun, 2014 12:00am

Experts call for sustainable agriculture policy in Sindh

Experts at a workshop on Saturday called for introducing sustainable agriculture policy in Sindh province in order to enhance livelihood for farmers and alleviate poverty. They also established Forum headed by SEARCH Pakistan for ensuring farmers-friendly

Published 02 Jun, 2014 12:00am

Two months before FY2013-14 close: SSGC's Meter Plant achieves production target

SSGC's Meter Manufacturing Plant achieved a record production of 750,001 gas meters, two months before the closing of the financial year 2013-14. This remarkable feat of the Meter Plant's management and workers was acknowledged in a special ceremony calle

Published 02 Jun, 2014 12:00am

OVERVIEW: Christoph H. Loch is the Director (Dean) at the Judge Business School, University of Cambridge. He has held key positions at many prestigious organisations. He has served as director of the INSEAD Israel Research Center (2008-2011) and Dean of t

What progress have you seen at KSBL over the last two years?

Published 02 Jun, 2014 12:00am

Nawaz-Modi meeting

How ironic, however, it is that when our prime minister Nawaz Sharif was making reconciliatory overtures by urging his Indian counterpart for working together to change confrontation into co-operation for the good of the people of the two countries, the l

Published 02 Jun, 2014 12:00am

Health, animal welfare concerns shake US egg industry

Rising consumer interest in healthy eating and animal welfare is beginning to scramble the US egg business.

Published 02 Jun, 2014 12:00am

Challenges in Pakistani mango export

Pakistan is the 5th largest producer and 8th largest exporter of mango in the world (FAO, 2011). The main mango growing districts in the Punjab province are Multan, Bahawalpur, Muzzaffargarh and Rahim Yar Khan. In the province of Sindh, it is mainly grown

Published 02 Jun, 2014 12:00am

Pre-budget exercise

The budget-formulation exercise in Pakistan rarely generates any interest from political parties in general and the general public in particular. However, major financial and industrial entities as well as cartels do intensive lobbying to ensure that ther

Published 02 Jun, 2014 12:00am

Modi's methodology

Two days into his new job Indian Prime Minister Narendra Modi, who has been promising his people good governance and development while assuring outsiders to work for the promotion of peace, has already stirred up controversies at home and in Jammu and Kas

Published 02 Jun, 2014 12:00am

Single verified data system

Finance Minister Ishaq Dar was absolutely in the right when in a recent meeting in Islamabad he directed all the data producing bodies to co-ordinate with each other to have a consensus on a single verified statistical data system in the country. In this

Published 02 Jun, 2014 12:00am

Remains of five WWI soldiers found in France

The remains of five French soldiers who fought in World War I have been found along with their weapons in a wood in the country's east, a man behind the discovery said Sunday. The skeletons were discovered along with Lebel rifles, the basic weapon of the

Published 02 Jun, 2014 12:00am

Sri Lanka arrests Indian fishermen after Modi talks

Sri Lanka's navy said Sunday it had seized 29 Indian fishermen, the first arrests since President Mahinda Rajapakse and India's new premier held talks on resolving the thorny issue of poaching. The navy arrested the Indians along with six trawlers off the

Published 02 Jun, 2014 12:00am

Iranian foreign minister says he cannot visit Saudi Arabia

Iranian Foreign Minister Mohammad Javad Zarif said on Sunday he could not take up an invitation to visit regional rival Saudi Arabia because the proposed dates clashed with planned nuclear negotiations between Iran and world powers.

Published 02 Jun, 2014 12:00am

Turkish police fire tear gas at defiant protesters

Turkish police on Sunday fired tear gas and water cannon at hundreds of protesters in Ankara a day after violent clashes on the one-year anniversary of the country's largest anti-government demonstrations in decades. Police stepped in to disperse around 5

Published 02 Jun, 2014 12:00am

Seven confirmed dead after Russian chopper crashes into lake

Russian divers Sunday recovered seven bodies from the wreckage of a helicopter that crashed into a lake in the remote north-western tundra with 18 people including top regional officials and businessmen on board.

Published 02 Jun, 2014 12:00am

Campaigning wraps up for Syria vote set to sweep Assad back to power

Syria entered its final day of campaigning on Sunday for the June 3 presidential election expected to return Bashar al-Assad to power, a vote the opposition brands a "parody of democracy".

Published 02 Jun, 2014 12:00am

Former guerrilla sworn in as El Salvador president

Former guerrilla commander Salvador Sanchez Ceren was sworn in Sunday as president of El Salvador with the pressing tasks of dealing with violent gangs, a struggling economy and endemic poverty. Sanchez Ceren, 69, promised to govern "with honesty, austeri

Published 02 Jun, 2014 12:00am

Attacks kill 16 in Iraq as May toll tops 900

Attacks across Iraq killed 16 people on Sunday, while new figures showed violence last month claimed more than 900 lives as the country grapples with its worst bloodshed in years. Data compiled separately by the United Nations and the Iraqi defence, inter

Published 02 Jun, 2014 12:00am

New Ukraine leader tackles gas, Obama, Putin

Ukraine's new pro-Western leader enters a defining week Sunday seeking to head off a Russian gas cut and secure US President Barack Obama's backing with his country threatened by civil war.

Published 02 Jun, 2014 12:00am

ECB finally ready to act to fight deflation: analysts

Financial markets are betting on an interest rate cut from the European Central Bank next week as low inflation, the strong euro and anaemic credit finally spur it into action. The ECB has held its key interest rates steady at their current all-time lows

Published 02 Jun, 2014 12:00am

Renzi vows to 'unblock Italy'

Italy's Prime Minister Matteo Renzi on Sunday promised to "unblock Italy" with a new series of reforms designed to boost productivity and investments in the eurozone's third largest economy. "By the end of July I will bring in measures dubbed 'unblock Ita

Published 02 Jun, 2014 12:00am

Boeing sees smooth jet switch, clashes with Airbus

Boeing vowed on Sunday to carry out a smooth transition between current and future models of its two most profitable jets - the long-haul 777 and smaller 737 - and dismissed Airbus plans to overhaul its own A330 model. Sales chief John Wojick told Reuters

Published 02 Jun, 2014 12:00am

Cuba experiments with wholesale market for farmers

Cuba opened its first wholesale market for farmers in decades on Sunday, an experiment limited to agricultural supplies in one area and the latest market-oriented reform for the communist-run island. While Cuba has allowed nearly 500,000 small business ow

Published 02 Jun, 2014 12:00am

Bangladesh FX reserves snaps five-month gaining streak

Bangladesh's foreign exchange reserves slipped in May for the first time since December, the central bank said on Sunday. Reserves at the end of May eased to $20.23 billion from a record high of $20.37 billion the previous month, but were up from $14.53 b

Published 02 Jun, 2014 12:00am

Iraq oil exports continue rebound in May: ministry

Iraqi oil exports rose for a second consecutive month in May, figures showed Sunday, despite a northern pipeline remaining disabled and a central government row with the country's Kurdish region. Crude exports averaged around 2.58 million barrels per day

Published 02 Jun, 2014 12:00am

Fiat Chrysler says performance of US operations crucial

Fiat Chrysler Automobiles Chief Executive Sergio Marchionne said on Sunday a good performance by its US operations was crucial for the success of the company's recently announced business plan. The carmaker launched a breakneck global growth effort last m

Published 02 Jun, 2014 12:00am

Fiat Chrysler says performance of US operations crucial

Published 02 Jun, 2014 12:00am

China's manufacturing up in May

China's manufacturing activity strengthened to a five-month high in May, the government said Sunday, an optimistic sign amid slumping growth in the world's second-largest economy. The official purchasing managers index (PMI) reached 50.8 in May, the Natio

Published 02 Jun, 2014 12:00am

Tanzania's poor suffer from trade tax theft

Tanzania's mining revenues are touted as a key way to reduce reliance on foreign aid and pull people out of poverty, but experts argue companies are swindling the government out of at least $248 million a year. The East African nation topped the worst of

Published 02 Jun, 2014 12:00am

Etihad Airways says to go ahead with Alitalia investment

Etihad Airways said on Sunday it would go ahead with a proposed investment in Alitalia after conditions for the deal were negotiated with the Italian carrier and its stakeholders. "Upon confirmation by the board of Alitalia and its stakeholders of their a

Published 02 Jun, 2014 12:00am

Japan bids farewell to Olympic stadium

Japanese sports fans bid an emotional farewell to Tokyo's National Stadium at the weekend with a lavish ceremony to close the venue before demolition begins in July. The stadium, built to host the 1964 Tokyo Olympics, will be dismantled over 15 months and

Published 02 Jun, 2014 12:00am

Qatari paid millions for World Cup bid support

A former top Qatari football official paid more than $5 million to get support for the tiny emirate's controversial campaign to host the 2022 World Cup, a British newspaper alleged Sunday. The Sunday Times said it had obtained millions of emails, document

Published 02 Jun, 2014 12:00am

World Cup warm-ups: Italy's Montolivo breaks leg, Dutch edge Ghana

Italy's World Cup build-up suffered a major blow on Saturday when midfielder Riccardo Montolivo broke his leg against Ireland, while in other Brazil 2014 warm-ups Holland beat Ghana and Greece held Portugal.

Published 02 Jun, 2014 12:00am

Djokovic cruises into last eight

Novak Djokovic swept into the French Open quarter-finals on Sunday with a one-sided 6-1, 6-4, 6-1 win over top home hope Jo-Wilfried Tsonga. The second seed, seeking in Paris to become just the eighth man in history to complete the career Grand Slam, hard

Published 02 Jun, 2014 12:00am

Colombian Nairo Quintana wins Giro d'Italia

Nairo Quintana became the first Colombian winner of the Giro d'Italia as Slovenian Luka Mezgec won Sunday's 21st and final stage. Movistar's Quintana, who was second at last year's Tour de France, headed a Colombian one-two with Rigoberto Uran finishing s

Published 02 Jun, 2014 12:00am

Marquez wins thriller to record perfect six

Spanish world champion Marc Marquez made it six wins from six races this season after claiming victory in the Italian MotoGP in thrilling style at Mugello on Sunday. The 21-year-old Honda rider, who became the first rider since Valentino Rossi in 2002 to

Published 02 Jun, 2014 12:00am

Iran names World Cup squad

Iran coach Carlos Queiroz on Sunday named a 24-man squad for the World Cup, pending the elimination of one player from the official final line-up because of injury worries. The list published on the Iran Football Federation website contained few surprises

Published 02 Jun, 2014 12:00am

PARIS: Ernests Gulbis condemned Roger Federer to his worst French Open defeat in a decade on Sunday while Milos Raonic became just the fourth Canadian man to reach the last eight of a major. Gulbis, the controversial Latvian, beat the fourth seeded 2009 c

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AFP text, photos, graphics and logos shall not be reproduced, published, broadcast, rewritten for broadcast or publication or redistributed directly or i

Published 02 Jun, 2014 12:00am

Employees of Workers Welfare Board stage hunger strike

Employees of Workers Welfare Board and Working Folks Grammar Schools and Colleges, on Sunday set up a hunger strike camp outside Peshawar Press Club in favour of their demands. The protest camp was headed by President of Working Welfare Board Teachers Ass

Published 02 Jun, 2014 12:00am

'Constitution guarantees equal rights to minorities'

Participants in a 'Consultative meeting' on minorities have stressed the need of jointly raising voice for freedom of religion, speech and basic human rights. The consultative meeting with Members of Provincial Assembly (MPAs) and representatives of civil

Published 02 Jun, 2014 12:00am

Police arrest tax consultant involved in fraudulent practices

A unique kind of tax fraud has been unearthed by Regional Tax Office (RTO) Faisalabad involving a tax consultant doing fraudulent business transactions to evade sales tax and the scope of investigation has been expanded to 180 registered persons.

Published 02 Jun, 2014 12:00am

UET Peshawar organises conference

The Department of Chemical Engineering, University of Engineering and Technology (UET) Peshawar in collaboration with Pakistan Scientific and Technological Information Centre (PASTIC) and National Academy of Young Scientists (NAYS), organized a conference

Published 02 Jun, 2014 12:00am

Prime Minister's visit to SU rescheduled for June 5

Sindh University (SU) spokesman has informed that the Prime Minister of Pakistan Mian Muhammad Nawaz Sharif will visit University of Sindh Jamshoro on June 5, 2014 instead of June 3. He advised the students who have already been invited to attend the cere

Published 02 Jun, 2014 12:00am

The D'Hamidi Partnership wins PAS Award 2014

In one of the most highly-contested and competitive categories, Pakistan Advertisers Society awarded The D'Hamidi Partnership - one of Pakistan's critically-acclaimed ideas and branding company - the PAS Award 2014 for Mobilink's brand re-launch campaign.

Published 02 Jun, 2014 12:00am

Criminal gangs rule capital with apparent impunity: woman and man murdered, 10 vehicles snatched

The auto-theft gangs and burglars ruled the federal capital during the last week, by lifting 10 vehicles, including bikes, and robbers struck at nine different localities, looting cash, gold ornaments and other valuables of worth millions of rupees at gun

Published 02 Jun, 2014 12:00am

Prices of food items increase slightly

A slightly increase was witnessed in prices of some perishable and non-perishable food items during the last week compared to the preceding week, revealed a survey conducted by Business Recorder on Saturday.

Published 02 Jun, 2014 12:00am

PTI government blamed for using govt machinery, resources in PK-45 by-polls

Expressing voice concern over allegedly using of machinery, and other resources, by the provincial government to win its candidate in the upcoming by-election on PK-45 Abbottabad, Pakistan Muslim League-Nawaz, provincial joint secretary Zubair Elahi deman

Published 02 Jun, 2014 12:00am

PML-Q holds rally to show solidarity with Pakistan Army

Condemning the negative propaganda against Pak Army and other defence institutions by certain quarter, activists of Pakistan Muslim League-Quaid staged a solidarity rally outside Peshawar Press Club here on Sunday.

Published 02 Jun, 2014 12:00am

Chief minister takes notice of Chichawatni gang rape case

Punjab Chief Minister, Muhammad Shahbaz Sharif has taken notice of a news item regarding the incident of gang rape with a female student of Faisalabad at Chichawatni and Lahore and sought a report from IG Punjab. The Chief Minister directed that deterrent

Published 02 Jun, 2014 12:00am

Runh Power Corp holds seminar

"As energy demand continues to exceed supply, companies are looking for innovative ways to solve not only short-term electricity and heating issues but also future power generation needs that are cost-effective, secure, and sustainable," this was stated b

Published 02 Jun, 2014 12:00am

Government mobilising all resources for power generation: Khawaja Asif

Federal Defence, Water and Power Minister Khawaja Muhammad Asif has said that Pakistan Muslim League-N (PML-N) government is committed to cope with energy crisis on top priority basis. The government will allocate huge funds for undertaking during next fi

Published 02 Jun, 2014 12:00am

No protest against national development can meet with success: chief minister Punjab

Punjab Chief Minister Muhammad Shahbaz Sharif has said that no sit-in or protest against the process of national development can succeed. He said that the projects evolved during the tenure of those who are criticising welfare programmes of the present go

Published 02 Jun, 2014 12:00am

Sanaullah blames PAT, PML-Q leadership for creating anarchy

Provincial Minister for Law Rana Sanaullah Khan has said that political dwarfs will never succeed in their conspiracies. He said that people defeated Chaudhry Brothers in the elections due to their poor performance Chaudhry Brothers are fear of developmen

Published 02 Jun, 2014 12:00am

Wattoo criticises government for 'political victimisation'

President Pakistan People's Party (PPP) Punjab, Manzoor Ahmed Wattoo, has criticised the present government for political victimisation of the PPP leaders. He said that the support for democracy should not be treated as the weakness of the party.

Published 02 Jun, 2014 12:00am

Malnutrition hits 50 percent population, moot told

Voicing concern that malnutrition was hitting more than 50 per cent of the country's population, speakers at an international conference held on the topic of "Nutritional Therapies against the lifestyle disorders" stressed the need for strengthening food

Published 02 Jun, 2014 12:00am

Punjab government achieves wheat procurement target: Bilal Yasin

Provincial Minister for Food Bilal Yasin has said that Punjab government has achieved wheat procurement target successfully. He said that 3.7 million metric ton wheat have been purchased so far.

Published 02 Jun, 2014 12:00am

Public welfare projects: maximum funds will be allocated in budget: chief minister

Punjab Chief Minister, Muhammad Shahbaz Sharif has said that maximum funds will be allocated for public welfare projects in the provincial budget for the fiscal year 2014-15. He said that more resources will be provided for the uplift of education, health

Published 02 Jun, 2014 12:00am

Chinese companies assure Shahbaz: energy projects to be completed within stipulated time

A delegation of prominent Chinese companies, Shandong Ruyi, Huaneng Shandong Company and Sepco-1 called on Punjab Chief Minister Muhammad Shahbaz Sharif and assured that they will make their best efforts to complete energy projects within stipulated perio

Published 02 Jun, 2014 12:00am

Law and order situation: 'Punjab government benefiting from modern technology'

Punjab Chief Minister Muhammad Shahbaz Sharif presided over a meeting here Sunday which was especially attended by Federal Minister for Defence Production Rana Tanveer Husain. Addressing the meeting, the Chief Minister said that Punjab government is fully

Published 02 Jun, 2014 12:00am

RECORDER REPORT

Federal Minister for Textile Industry Abbas Khan Afridi has said that National Cotton Policy 2014-19 will be announced on June 30. He said that the cotton production in the country was expected to increase at least by 30 percent to 16.5 million bales.

Published 02 Jun, 2014 12:00am

Preventable skin cancer up in Canada

Melanoma cases are rising in Canada even though most other cancer rates are falling, a leading anti-cancer organisation warned on May 28, blaming tanning beds and slipping sunscreen use outdoors. The Canadian Cancer Society said an estimated 6,500 new cas

Published 02 Jun, 2014 12:00am

Major cities must unite against climate change: Paris mayor

Paris Mayor Anne Hidalgo urged the world's major cities on May 30 to unite in the fight against climate change. Stressing that half the world's population is now urbanised, she noted that cities are already responsible for 80 percent of greenhouse gas emi

Published 02 Jun, 2014 12:00am

Cholera vaccine is 86 percent effective

A cheap and easy to deliver oral vaccine against cholera is 86 percent effective in preventing the infection which causes severe diarrhea and can be fatal, researchers said on May 29. Some 1.4 billion people around the globe were at risk for cholera in 20

Published 02 Jun, 2014 12:00am

US measles cases reach 20-year high

The United States has so far this year counted 288 measles cases, the most in 20 years, a rise that is driven by unvaccinated people, health authorities said on May 29. "This is the largest number of measles cases in the United States reported in the firs

Published 02 Jun, 2014 12:00am

Home walking may help clogged leg arteries

People with poor circulation in their legs benefit from a home-based walking program and are more likely to keep it up over the long term, according to a new US study. Researchers say the home-based program may be more effective at keeping people motivate

Published 02 Jun, 2014 12:00am

New pollution rules will reduce asthma, heart attacks: Obama

US President Barack Obama said on May 31 that his administration's proposals to cut carbon emissions will prevent thousands of asthma and heart attacks each year. Obama's prediction came during his regular weekly broadcast address as he discussed proposed

Published 02 Jun, 2014 12:00am

Up to 200,000 Somali children could die from malnutrition: UN

Up to 200,000 children under the age of five could die from severe malnutrition in Somalia by the end of the year unless the United Nations receives emergency funds to stave off mass hunger, UN officials said on May 27.

Published 02 Jun, 2014 12:00am

China winds could carry childhood disease to Japan

An airborne toxin that is blown into Japan from north-east China could be the cause of the mysterious Kawasaki disease, a childhood illness that mostly affects the very young, researchers said. Kawasaki disease occurs world-wide but is most common in Japa

Published 02 Jun, 2014 12:00am

Be prepared for hurricanes, despite calm forecast: NOAA

Despite the quiet forecast for this year's hurricane season, the director of the Miami-based National Hurricane Centre warned on May 29 not to let guards down completely. Rick Knabb, director of the National Oceanic and Atmospheric Administration's NHC, e

Published 02 Jun, 2014 12:00am

Samsung unveils new digital health platform

Samsung on Wednesday unveiled a new digital health technology platform that uses sensors to track a range of body functions such as heart rate and blood pressure. Unveiled at an event in San Francisco the new platform dubbed "Simband" does not include any

Published 02 Jun, 2014 12:00am

Intel to make tablet chips with China's Rockchip

Intel Corp said on Tuesday it reached an agreement with Chinese mobile chipmaker Rockchip to make chips for inexpensive tablets running Google Inc's Android platform. The deal teams Intel up with a chipmaker specialising in low-end mobile devices that oft

Published 02 Jun, 2014 12:00am

Smartphone market still growing as prices fall: study

Global smartphone sales will jump 23 percent this year to more than 1.2 billion units, fuelled by growth of low-cost handsets in emerging markets, a research firm said Wednesday. An IDC survey said smartphone sales will maintain an annual growth rate of 1

Published 02 Jun, 2014 12:00am

LG steps up smartphone effort with new flagship G3

LG Electronics went big in style on Tuesday with a flagship G3 smartphone aimed at turning heads away from market titans Apple and Samsung. LG introduced G3 smartphones at simultaneous events in a half-dozen cities, saying they would hit US soil by Septem

Published 02 Jun, 2014 12:00am

Lookout 'thefties' nab smartphone thieves

Mobile security start-up Lookout is turning smartphones and tablets against gadget thieves with a new feature that - when possible - will snap a picture of the culprit. A new theft alert function added Wednesday to Lookout's premium service for Apple and

Published 02 Jun, 2014 12:00am

Munich start-up looks to network air conditioning systems

A Munich start-up is hoping to give users more control over their air conditioning systems - and hopefully smaller bills and a tinier carbon footprint - via their smartphones. Tado's goal is to network air conditioning systems and it has a business model

Published 02 Jun, 2014 12:00am

Tablet sales losing steam, survey shows

Global sales of tablet computers are likely to slow this year, hurt in part by saturation and adoption of large-screen smartphones or "phablets," a market tracker said Thursday. The research firm IDC said its updated forecast sees tablet sales up 12.1 per

Published 02 Jun, 2014 12:00am

Microsoft working on smartwatch: report

Microsoft plans to weigh into the wearable computing market with a smartwatch, Forbes reported Thursday. The US technology tighten tapped into talent behind its gesture-sensing Kinect accessory for Xbox video game consoles to help make a sensor-loaded sma

Published 02 Jun, 2014 12:00am

Microsoft shows off real-time Skype translator

Microsoft Corp showed off a test version of a real-time, spoken-word translation service for Skype calls on Tuesday, the first time the world's largest software company has demonstrated the breakthrough technology publicly in the United States. Skype Tran

Published 02 Jun, 2014 12:00am

'If this then that': IFTTT app allows smartphones to run on autopilot

Many a smartphone user has been thrilled by all the tasks his phone can perform. Now a new app is set to thrill them all over again by helping smartphones do all those chores while, essentially, on autopilot. The app - the name of which takes a page from

Published 02 Jun, 2014 12:00am

Use sticky notes to improve Windows experience

There's no desk nowadays that's not complete without some sticky notes. Why should your Windows desktop be any exception? Of course, the ones for Windows are only virtual. They can be found in Windows 7 and 8 under the Accessories or Gadgets folder, under

Published 02 Jun, 2014 12:00am

Big data transfers needed: Automatic Facebook videos drain batteries

A recent tweak to Facebook means that videos in a user's news feed start playing automatically. While that might seem practical at first glance, there is a downside: smartphone and tablet users will see their batteries drained more quickly and higher data

Published 02 Jun, 2014 12:00am

Taiwan's Acer to launch 'smartband' wearable device

Taiwan's leading personal computer maker Acer announced Friday that it will debut its first wearable device at the upcoming Computex trade show before shipping the products later this year. Liquid Leap, a one-inch touch-screen smartband with fitness track

Published 02 Jun, 2014 12:00am

Reliance to buy controlling stake in Network18

India's Reliance Industries Ltd said its board has approved funding of up to 40 billion rupees ($679 million) to acquire a controlling stake in media company Network18 Media and Investments Ltd. The energy-focused conglomerate is to buy a stake of up to 7

Published 02 Jun, 2014 12:00am

MasterCard extends zero-liability policy to ATM transactions

MasterCard Inc, the world's second-largest debit and credit card company, said it was extending its zero-liability policy for cardholders in the United States to include all PIN-based and ATM transactions. The move follows several data breaches at US comp

Published 02 Jun, 2014 12:00am

Apple to buy Beats for $3 billion

Apple Inc will buy Beats for about $3 billion and bring recording mogul Jimmy Iovine into its ranks, hoping to win points with the music industry and help it catch up in fast-growing music streaming. As expected, Beats co-founders Iovine and rapper Dr Dre

Published 02 Jun, 2014 12:00am

Scotiabank reports best quarterly trading revenue

Bank of Nova Scotia, one of the world's biggest bullion banks, on May 27 reported its best quarterly trading revenue from commodities in over a year due to improving precious metals markets even as scrutiny of global bullion pricing intensifies. In its se

Published 02 Jun, 2014 12:00am

Rio Tinto appoints new chief executive

Rio Tinto, the world's second-largest diversified miner, said on May 27 it had appointed an oil industry executive as the new head of its aluminium business starting from June 01. Alfredo Barrios, 48, who has held various senior positions at British oil c

Published 02 Jun, 2014 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	277.97
USD PKR Interbank Buying / Dec 4	277.77
USD to Japanese Yen / Dec 4	150.37
USD to Swiss Franc / Dec 4	0.89
Pound Sterling to USD / Dec 4	1.27
Euro to USD / Dec 4	1.05

Stock	Volume
S&P 500 / Dec 3	6,049.87
Nasdaq / Dec 3	19,480.91
Dow Jones / Dec 3	44,705.53
India Sensex / Dec 4	80,956.33
Tokyo Nikkei / Dec 4	39,276.39
Hang Seng / Dec 4	19,742.46
FTSE 100 / Dec 4	8,328.12
Germany DAX 30 / Dec 4	20,195.75

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 3	17,685
Crude Oil USD/Barrel / Dec 4	70.17
Gold 10 Grams PKR / Dec 4	235,940
Gold Spot USD/Ounce / Dec 4	2,644.45
Cotton US¢/pound / Dec 4	71.11
Petrol/Litre / Dec 5	252.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	7.17 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	639.72 ▼ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	64.26 ▼ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	151.49 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	1,117.32 ▼ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	13.57 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	7.17 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	639.72 ▲ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	64.26 ▲ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	151.49 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	1,117.32 ▲ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	13.57 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	257,531,069 ▲ 0.00
Cnergyico PK / Dec 5 Cnergyico PK Limited(CNERGY)	213,200,271 ▲ 0.00
Pak Int.Bulk / Dec 5 Pakistan International Bulk Terminal(PIBTL)	89,650,764 ▲ 0.00
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	75,744,156 ▲ 0.00
Power Cement / Dec 5 Power Cement Limited(POWER)	69,203,491 ▲ 0.00
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	58,983,939 ▲ 0.00
Sui South Gas / Dec 5 Sui Southern Gas Company Limited(SSGC)	37,808,495 ▲ 0.00
Symmetry Group / Dec 5 Symmetry Group Limited(SYM)	34,391,285 ▲ 0.00
TPL Properties / Dec 5 TPL Properties Limited(TPLP)	33,952,255 ▲ 0.00

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