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Sep 23, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-06-20
Benn makes his mark as New Zealand slip to 129 for 4

Benn makes his mark as New Zealand slip to 129 for 4

Sulieman Benn starred with the ball as the West Indies claimed three wickets to have New Zealand struggling at 129 for four in their second innings at lunch on the fourth day of the second Test at Queen's Park Oval on Thursday. Having started their inning
Published 20 Jun, 2014 12:00am
30 new arrests as Israel presses West Bank hunt for teens

30 new arrests as Israel presses West Bank hunt for teens

Israeli troops arrested some 30 Palestinians in the West Bank overnight as they ramped up a search for three teenagers believed kidnapped by Hamas, the army said on Thursday. The arrests raised the number of Palestinians detained since the youths went mis
Published 20 Jun, 2014 12:00am
27 missing, 14 dead in two boat accidents off Malaysia

27 missing, 14 dead in two boat accidents off Malaysia

Malaysian authorities said Thursday 14 people had died and 27 others were still missing following two boat accidents at a time when many illegal migrant workers head home to Indonesia for the Muslim fasting month of Ramadan. In the latest reported inciden
Published 20 Jun, 2014 12:00am
Man claiming to have a bomb gives up in Stockholm

Man claiming to have a bomb gives up in Stockholm

A man claiming to have a bomb in the office of a human rights group in Stockholm gave himself up on Thursday after negotiating with the police on the phone, law enforcement said. "A man has left the building and he has been arrested," police spokesman Sve
Published 20 Jun, 2014 12:00am
Canadian slips past security to board flight to Brazil

Canadian slips past security to board flight to Brazil

An Air Canada flight to Brazil packed with World Cup fans was forced to turn back to Toronto Thursday after authorities learned that a man had sneaked onboard. Air Canada 090 was already over the Caribbean and four hours into the flight when Transport Can
Published 20 Jun, 2014 12:00am
Nato reports new Russian troop build-up

Nato reports new Russian troop build-up

Nato on Thursday reported another build-up of Russian forces near Ukraine as its new president put in place key pieces of his pro-Western government and embraced an EU trade pact that has been bitterly fought by the Kremlin. Ukraine's parliament unanimous
Published 20 Jun, 2014 12:00am
Japan satellites to monitor Fukushima, Chernobyl

Japan satellites to monitor Fukushima, Chernobyl

Two Japanese satellites will be launched from Russia late Thursday to monitor environmental damage near the crippled nuclear plants in Fukushima and Chernobyl, officials said. The Ukrainian-designed Dnepr rocket carrying 33 satellites, including the two,
Published 20 Jun, 2014 12:00am
Cameron launches world's biggest dementia study

Cameron launches world's biggest dementia study

The world's largest study of dementia was launched by British Prime Minister David Cameron on Thursday as part of a drive to speed up the search for treatments. "The truth is that dementia now stands alongside cancer as one of the greatest enemies of huma
Published 20 Jun, 2014 12:00am
Zimbabwe police arrest editor of state-owned newspaper

Zimbabwe police arrest editor of state-owned newspaper

Zimbabwe police on Thursday arrested the editor of a state-owned newspaper, a colleague said, highlighting bitter rivalries within the ruling party. Edmund Kudzayi, editor of the Sunday Mail, was "arrested this morning and police searched his office takin
Published 20 Jun, 2014 12:00am
US slaps sanctions on Uganda over anti-gay laws

US slaps sanctions on Uganda over anti-gay laws

The United States on Thursday slapped sanctions on Uganda including cancelling a military air exercise, visa bans and freezing some aid after Ugandan leaders brought in tough anti-gay laws. The new legislation signed into law in Feburary "runs counter to
Published 20 Jun, 2014 12:00am
'Sick notes' for sale as World Cup fever grips China

'Sick notes' for sale as World Cup fever grips China

A time difference of up to 12 hours between China and Brazil has given Chinese wheeler-dealers a lucrative opportunity selling fake sick notes to football fans staying up all night to watch World Cup games. A search by AFP for "Beijing" and "sick notes se
Published 20 Jun, 2014 12:00am
Flags, cheers greet Spain's new King Felipe VI

Flags, cheers greet Spain's new King Felipe VI

Spain's new King Felipe VI vowed to clean up the scandal-hit monarchy as he launched his reign on Thursday, cheered on by crowds waving red and yellow flags. Thousands of Spaniards put aside their World Cup misery to line the sun-splashed streets of Madri
Published 20 Jun, 2014 12:00am
Pepe banned and fined for Mueller headbutt

Pepe banned and fined for Mueller headbutt

FIFA on Thursday banned Portugal defender Pepe for one match and fined him for the head butt he carried out on Germany's Thomas Mueller in their World Cup clash. A FIFA statement said that the 31-year-old Real Madrid defender, who was red-carded for the i
Published 20 Jun, 2014 12:00am
Defiant Mathews eyes Sri Lanka victory

Defiant Mathews eyes Sri Lanka victory

Sri Lanka captain Angelo Mathews is adamant a drawn series with England won't satisfy the tourists. Mathews's side face England in the second and final Test at Headingley on Friday, having held out for a draw in the series opener with just one wicket stan
Published 20 Jun, 2014 12:00am
Spain dethroned as Chile dazzle

Spain dethroned as Chile dazzle

Spain's long reign as the kings of international football came to a dramatic end at the World Cup on Wednesday, with the defending champions sent crashing out after a 2-0 defeat to Chile. On a day when King Juan Carlos tearfully sealed his abdication afte
Published 20 Jun, 2014 12:00am
Colombia down Ivory Coast

Colombia down Ivory Coast

Colombia maintained South America's strong start to the World Cup on Thursday, downing the Ivory Coast 2-1 to stay on course for a place in the last 16. A day after Chile eliminated defending champions Spain, Colombia produced a fine attacking display to
Published 20 Jun, 2014 12:00am
'Embarrassed' FIFA vows tighter security after Rio breach

'Embarrassed' FIFA vows tighter security after Rio breach

FIFA said Thursday it was embarrassed that scores of Chileans managed to gate-crash Maracana Stadium before their team's World Cup match against Spain, vowing to tighten security to avoid a repeat. A crush of fans, many wearing their country's red jersey,
Published 20 Jun, 2014 12:00am
India take series 2-0 after third ODI called off

India take series 2-0 after third ODI called off

Bangladesh spinner Shakib Al Hasan grabbed three quick wickets before the third and final one-day international against India was called off due to persistent rain. Shakib, 27, unravelled India's middle order after the fast bowlers had the visitors reelin
Published 20 Jun, 2014 12:00am
Swiss seize underdogs tag for France clash

Swiss seize underdogs tag for France clash

Switzerland are trying to pile the pressure on France by claiming the underdog tag for the Alpine neighbours' World Cup Group E clash in Salvador on Friday. Both teams won their openers, with France topping the table after a convincing 3-0 win over Hondur
Published 20 Jun, 2014 12:00am
Nadal, Djokovic under Wimbledon cloud

Nadal, Djokovic under Wimbledon cloud

Rafael Nadal and Novak Djokovic head to Wimbledon fearing the title may be beyond them as the season's third Grand Slam tournament shapes up to be the most open in a decade. World number one Nadal, fresh from a record ninth French Open title, was Wimbledo
Published 20 Jun, 2014 12:00am
Sterling hits highest since October 2008

Sterling hits highest since October 2008

Sterling extended gains above $1.70 to hit a 5-1/2 year high against the dollar on Thursday, bolstered by the diverging monetary policy outlooks between the Bank of England and the US Federal Reserve. Britain's pound was also helped by robust data. A meas
Published 20 Jun, 2014 12:00am
Double exodus as civilians flee offensive in NW

Double exodus as civilians flee offensive in NW

Civilians are streaming out of a tribal area in a two-pronged exodus ahead of an expected ground assault against Taliban militants, officials said Thursday, with many crossing the border into Afghanistan. The military is waging a long-awaited offensive ag
Published 20 Jun, 2014 12:00am
Balochistan Cabinet approves budget

Balochistan Cabinet approves budget

The Balochistan Cabinet on Thursday approved provincial budget for Fiscal Year 2014-15 with total volume of Rs 215.713 billion. The meeting, presided over by Chief Minister Balochistan Dr Abdul Malik Baloch at CM Secretariat, discussed the salient feature
Published 20 Jun, 2014 12:00am
Forex reserves up by $114.3 million

Forex reserves up by $114.3 million

The country's total liquid foreign exchange reserves rose by $114.3 million during last week. According to State Bank of Pakistan (SBP), Pakistan's total liquid forex reserves surged to $13.571 billion as on June 13, 2014 compared to $13.457 billion on Ju
Published 20 Jun, 2014 12:00am
Global Business Challenge: LCW University students triumph in CIMA final

Global Business Challenge: LCW University students triumph in CIMA final

Lahore College Women University students have triumphed in the Pakistan final of the CIMA (Chartered Institute of Management Accountants) 2014 Global Business Challenge, held in partnership with Barclays. SIMZ will now represent Pakistan at the global fin
Published 20 Jun, 2014 12:00am
EFP urges government to take steps for economic development

EFP urges government to take steps for economic development

Employer Federation of Pakistan (EFP) on Thursday urged the federal government to take concrete measures for the economic development of the country. Commenting on the federal budget 2014-15 at a news conference at Karachi Press Club, EFP President K. M.
Published 20 Jun, 2014 12:00am
Lahore incident: real culprits should be punished: Qaim

Lahore incident: real culprits should be punished: Qaim

Sindh Chief Minister Syed Qaim Ali Shah has expressed serious concerns over the Lahore incident and said the incident was tragic and the probe should be conducted and real culprits should be punished. He said this while speaking during his visit to Hazara
Published 20 Jun, 2014 12:00am
Kabul assures co-operation to beef up border security: foreign office

Kabul assures co-operation to beef up border security: foreign office

Foreign Office on Thursday said that Afghanistan has assured its co-operation to beef up security along Pak-Afghan border so that militants cannot escape the ongoing military operation "Zarb-e-Azb" in North Waziristan. Foreign Office spokesperson Tasnim A
Published 20 Jun, 2014 12:00am
Balochistan Cabinet approves budget

Balochistan Cabinet approves budget

The Balochistan Cabinet on Thursday approved provincial budget for Fiscal Year 2014-15 with total volume of Rs 215.713 billion. The meeting, presided over by Chief Minister Balochistan Dr Abdul Malik Baloch at CM Secretariat, discussed the salient feature
Published 20 Jun, 2014 12:00am
Khyber Pakhtunkhwa decides to convene APC on IDPs, law & order

Khyber Pakhtunkhwa decides to convene APC on IDPs, law & order

The provincial government on the proposal of the parliamentary leaders of political parties has decided to convene an All-Parties Conference (APC) on internally displaced persons (IDPs) from North Waziristan and maintenance of law and order. The decision
Published 20 Jun, 2014 12:00am
CoAS, CAS review 'Zarb-e-Azb' operation

CoAS, CAS review 'Zarb-e-Azb' operation

Chief of Army Staff (CoAS) General Raheel Sharif visited Air Headquarters here on Thursday and called on Chief of Air Staff (CAS) Air Chief Marshal Tahir Rafique Butt. According to ISPR, progress of the ongoing operation 'Zarb-e-Azb' was reviewed and matt
Published 20 Jun, 2014 12:00am
Islamabad's slum areas: Rangers, police to hold joint search operation

Islamabad's slum areas: Rangers, police to hold joint search operation

In the wake of growing terror threats, rangers and police would conduct joint search operation in the slum areas of the federal capital to eliminate terrorist elements. Police sources said that following the directives from the Ministry of Interior, range
Published 20 Jun, 2014 12:00am
JuD sets up relief camp for NWA IDPs

JuD sets up relief camp for NWA IDPs

Jamaatul Dawa, a relief and welfare wing of Falah-e-Insaniat Foundation on Thursday set-up relief camps for the internally displaced persons of North Waziristan Agency, residing in makeshift shelter camps in district Bannu and D I Khan. In the Falah-e-Ins
Published 20 Jun, 2014 12:00am
Brent crude hits nine-month high above $115

Brent crude hits nine-month high above $115

Brent crude hit a nine-month high of more than $115 a barrel on Thursday as the United States said it could send military advisers to Iraq, raising concerns about the escalating conflict. Government forces continued to battle Sunni militants for control o
Published 20 Jun, 2014 12:00am
ICE cotton down after weekly US exports data disappoint

ICE cotton down after weekly US exports data disappoint

Benchmark cotton futures were down on Thursday after lacklustre sales for the 2014/15 crop year offset robust sales for the current crop and as liquidation from the July contract dragged. The most-active December cotton contract on ICE Futures US edged do
Published 20 Jun, 2014 12:00am
Muslim Brotherhood chief given new death sentence

Muslim Brotherhood chief given new death sentence

A court in Egypt on Thursday sentenced to death Muslim Brotherhood chief Mohamed Badie and 13 others over violence that killed 10 people in Cairo in summer 2013. Since the army ousted Islamist president Mohamed Morsi in July, hundreds of his supporters an
Published 20 Jun, 2014 12:00am
Thousands demonstrate against Austria visit of Turkish Prime Minister

Thousands demonstrate against Austria visit of Turkish Prime Minister

As many as 10,000 people demonstrated in Vienna on Thursday in protest at a visit by Turkey's strongman Prime Minister Recep Tayyip Erdogan, organisers and police said. Erdogan has been accused of autocratic tendencies in his home country and a similar tr
Published 20 Jun, 2014 12:00am
India in 'dereliction of duty' over rapes: UN watchdog

India in 'dereliction of duty' over rapes: UN watchdog

Indian law enforcement and justice authorities have shirked their responsibility to fight sex attacks, a UN child rights watchdog said on Thursday, amid uproar over the horrific gang-rape and lynching of two girls. "There has been a dereliction of duty in
Published 20 Jun, 2014 12:00am
Women's participation vital for socio-economic uplift: President

Women's participation vital for socio-economic uplift: President

President Mamnoon Hussain on Thursday said the goal of inclusive socio-economic development, remained elusive till the women were brought into national mainstream and afforded ample opportunities to fully participate in developmental process.
Published 20 Jun, 2014 12:00am
'Corruption' in OGDCL: IHC asks FIA, NAB to file report

'Corruption' in OGDCL: IHC asks FIA, NAB to file report

The Islamabad High Court (IHC) on Thursday sought a report from Federal Investigation Agency (FIA) and National Accountability Bureau (NAB) about alleged massive corruption in Oil and Gas Development Company Limited (OGDCL). A single-member bench of Justi
Published 20 Jun, 2014 12:00am
''Corruption'' in OGDCL: IHC asks FIA, NAB to file report

''Corruption'' in OGDCL: IHC asks FIA, NAB to file report

The Islamabad High Court (IHC) on Thursday sought a report from Federal Investigation Agency (FIA) and National Accountability Bureau (NAB) about alleged massive corruption in Oil and Gas Development Company Limited (OGDCL). A single-member bench of Justi
Published 20 Jun, 2014 12:00am
Jordan gives Pakistani reduced sentence for 'honour killing'

Jordan gives Pakistani reduced sentence for 'honour killing'

A Jordanian court Thursday reduced the sentence of a Pakistani man who killed his teenaged wife and her alleged lover last year "to cleanse his honour", a judicial official said. "Amman criminal court today initially condemned the 28-year-old Pakistani to
Published 20 Jun, 2014 12:00am
Jordan gives Pakistani reduced sentence for 'honour killing'

Jordan gives Pakistani reduced sentence for 'honour killing'

A Jordanian court Thursday reduced the sentence of a Pakistani man who killed his teenaged wife and her alleged lover last year "to cleanse his honour", a judicial official said. "Amman criminal court today initially condemned the 28-year-old Pakistani to
Published 20 Jun, 2014 12:00am
Suicide blast leaves one dead, five hurt

Suicide blast leaves one dead, five hurt

A suicide bomb attack at the residence of an anti-Taliban peace militia here left one dead and five others injured late Thursday, police said. The incident took place in the Matan Adezai area of the Khyber Pakhtunkhwa city and targeted the leader of an an
Published 20 Jun, 2014 12:00am
Suicide blast leaves one dead, five hurt

Suicide blast leaves one dead, five hurt

A suicide bomb attack at the residence of an anti-Taliban peace militia here left one dead and five others injured late Thursday, police said. The incident took place in the Matan Adezai area of the Khyber Pakhtunkhwa city and targeted the leader of an an
Published 20 Jun, 2014 12:00am
Singer shot dead in Peshawar

Singer shot dead in Peshawar

A popular female singer was shot dead in Peshawar, police said Thursday, in the latest attack on artists. Gulnar Bibi, 38, was shot five times by masked gunmen who broke into her house Wednesday in Peshawar city, investigating police officer Naeem Khan to
Published 20 Jun, 2014 12:00am
Singer shot dead in Peshawar

Singer shot dead in Peshawar

A popular female singer was shot dead in Peshawar, police said Thursday, in the latest attack on artists. Gulnar Bibi, 38, was shot five times by masked gunmen who broke into her house Wednesday in Peshawar city, investigating police officer Naeem Khan to
Published 20 Jun, 2014 12:00am
$200 billion ill-gotten money: formal talks to begin in August: minister

$200 billion ill-gotten money: formal talks to begin in August: minister

Federal Minister for Planning and Development and Reforms Ahsan Iqbal on Thursday said the government would start formal negotiations with Switzerland in August to bring back around $200 billion ill-gotten money in Swiss bank accounts. Addressing a semina
Published 20 Jun, 2014 12:00am
$200 billion ill-gotten money: formal talks to begin in August: minister

$200 billion ill-gotten money: formal talks to begin in August: minister

Federal Minister for Planning and Development and Reforms Ahsan Iqbal on Thursday said the government would start formal negotiations with Switzerland in August to bring back around $200 billion ill-gotten money in Swiss bank accounts. Addressing a semina
Published 20 Jun, 2014 12:00am
$200 billion ill-gotten money: formal talks to begin in August: minister

$200 billion ill-gotten money: formal talks to begin in August: minister

Federal Minister for Planning and Development and Reforms Ahsan Iqbal on Thursday said the government would start formal negotiations with Switzerland in August to bring back around $200 billion ill-gotten money in Swiss bank accounts. Addressing a semina
Published 20 Jun, 2014 12:00am
Textile sector rejects revised GIDC

Textile sector rejects revised GIDC

An urgent meeting of All Pakistan Textile Mill Association (Aptma) and all value-added textile associations of Pakistan was held on Thursday in Karachi and the entire textile sector unanimously rejected the revised GIDC tariff; Rs 150/MMBTU for the Captiv
Published 20 Jun, 2014 12:00am
Textile sector rejects revised GIDC

Textile sector rejects revised GIDC

An urgent meeting of All Pakistan Textile Mill Association (Aptma) and all value-added textile associations of Pakistan was held on Thursday in Karachi and the entire textile sector unanimously rejected the revised GIDC tariff; Rs 150/MMBTU for the Captiv
Published 20 Jun, 2014 12:00am
Textile sector rejects revised GIDC

Textile sector rejects revised GIDC

An urgent meeting of All Pakistan Textile Mill Association (Aptma) and all value-added textile associations of Pakistan was held on Thursday in Karachi and the entire textile sector unanimously rejected the revised GIDC tariff; Rs 150/MMBTU for the Captiv
Published 20 Jun, 2014 12:00am
Judicial remand: Punjab - from Maula Jatt to Gullu Butt

Judicial remand: Punjab - from Maula Jatt to Gullu Butt

A judicial magistrate here on Thursday sent Gullu Butt, who is accused of damaging a number of vehicles outside Secretariat of Minhajul Quran in Model Town, to jail on a 14-day physical remand. Police brought Butt, who was covered from head to shoulders b
Published 20 Jun, 2014 12:00am
Judicial remand: Punjab - from Maula Jatt to Gullu Butt

Judicial remand: Punjab - from Maula Jatt to Gullu Butt

A judicial magistrate here on Thursday sent Gullu Butt, who is accused of damaging a number of vehicles outside Secretariat of Minhajul Quran in Model Town, to jail on a 14-day physical remand. Police brought Butt, who was covered from head to shoulders b
Published 20 Jun, 2014 12:00am
Japan to help Bhutan brush up 'happiness' census

Japan to help Bhutan brush up 'happiness' census

Japan is to dispatch experts to Bhutan to help the tiny Himalayan kingdom boost the accuracy of the way it measures happiness, an official said Thursday. Unlike other countries' focus on gross domestic product, Bhutan determines how well it is working by
Published 20 Jun, 2014 12:00am
Japan to help Bhutan brush up 'happiness' census

Japan to help Bhutan brush up 'happiness' census

Japan is to dispatch experts to Bhutan to help the tiny Himalayan kingdom boost the accuracy of the way it measures happiness, an official said Thursday. Unlike other countries' focus on gross domestic product, Bhutan determines how well it is working by
Published 20 Jun, 2014 12:00am
'ATL' unveiled for IT deduction at source

'ATL' unveiled for IT deduction at source

The Federal Board of Revenue (FBR) on Thursday issued 'Active Taxpayers List for Income Tax Deduction at Source' for implementation of documentation measures through Finance Bill (2014-15) for enhanced rates of withholding taxes from those not part of the
Published 20 Jun, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 20 Jun, 2014 12:00am
'ATL' unveiled for IT deduction at source

'ATL' unveiled for IT deduction at source

The Federal Board of Revenue (FBR) on Thursday issued 'Active Taxpayers List for Income Tax Deduction at Source' for implementation of documentation measures through Finance Bill (2014-15) for enhanced rates of withholding taxes from those not part of the
Published 20 Jun, 2014 12:00am
''ATL'' unveiled for IT deduction at source

''ATL'' unveiled for IT deduction at source

The Federal Board of Revenue (FBR) on Thursday issued ''Active Taxpayers List for Income Tax Deduction at Source'' for implementation of documentation measures through Finance Bill (2014-15) for enhanced rates of withholding taxes from those not part of t
Published 20 Jun, 2014 12:00am
July-May current account balance posts $2.5 billion deficit

July-May current account balance posts $2.5 billion deficit

Following high imports and slow foreign inflows, the country's current account balance posted a $2.5 billion deficit during the first 11 months of the current fiscal year 2013-14. "Although, current account has been posting some deficit, but the overall b
Published 20 Jun, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 20 Jun, 2014 12:00am
July-May current account balance posts $2.5 billion deficit

July-May current account balance posts $2.5 billion deficit

Following high imports and slow foreign inflows, the country's current account balance posted a $2.5 billion deficit during the first 11 months of the current fiscal year 2013-14. "Although, current account has been posting some deficit, but the overall b
Published 20 Jun, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 20 Jun, 2014 12:00am
July-May current account balance posts $2.5 billion deficit

July-May current account balance posts $2.5 billion deficit

Following high imports and slow foreign inflows, the country''s current account balance posted a $2.5 billion deficit during the first 11 months of the current fiscal year 2013-14. "Although, current account has been posting some deficit, but the overall
Published 20 Jun, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 20 Jun, 2014 12:00am
Turkey court orders release of 230 military 'plotters'

Turkey court orders release of 230 military 'plotters'

Magistrates in Istanbul on Thursday ordered the release of 230 military officers sentenced for plotting to overthrow the government, a day after Turkey's top court said the original trial was flawed. The Istanbul court ruled that the sentences of between
Published 20 Jun, 2014 12:00am
Turkey court orders release of 230 military 'plotters'

Turkey court orders release of 230 military 'plotters'

Magistrates in Istanbul on Thursday ordered the release of 230 military officers sentenced for plotting to overthrow the government, a day after Turkey's top court said the original trial was flawed. The Istanbul court ruled that the sentences of between
Published 20 Jun, 2014 12:00am
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