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Print - 2014-08-07
Budgetary taxation measures: Monthly ST returns to reveal actual impact

Budgetary taxation measures: Monthly ST returns to reveal actual impact

Monthly sales tax returns to be field by registered persons for July 2014 till August 15 would enable the Federal Board of Revenue (FBR) to work out the actual impact of budgetary measures, pertaining to sales tax and federal excise duty (FED), taken in b
Published 07 Aug, 2014 12:00am
Pakistan, Sri Lanka agree to consolidate ties

Pakistan, Sri Lanka agree to consolidate ties

Pakistan and Sri Lanka on Tuesday agreed on the need to further consolidate their bilateral relations in diverse areas, particularly enhanced co-operation in the fields of trade, education, culture and defence. The agreement was reached during a meeting o
Published 07 Aug, 2014 12:00am
PTI KP leader condemns drone attack in NWA

PTI KP leader condemns drone attack in NWA

PTI provincial secretary information and MNA, Ayesha Gulalai condemned drone attack in North Waziristan in the strongest words. In a statement issued here at the provincial secretariat, Ayesha Gulalai said central government has failed completely in prote
Published 07 Aug, 2014 12:00am
74 profiteers arrested in mega crackdown

74 profiteers arrested in mega crackdown

On the directives of Chief Secretary, Khyber Pakhtunkhwa, district administration Peshawar has carried mega crackdown on profiteers in the provincial metropolis and arrested 74 persons. According to details, Chief Secretary, Khyber Pakhtunkhwa on receivin
Published 07 Aug, 2014 12:00am
Mushahid for joint Pak-China counter-terror strategy

Mushahid for joint Pak-China counter-terror strategy

Chairman of Senate Defence Committee Mushahid Hussain Sayed called for a joint Pakistan-China counter-terror strategy, saying terrorism is a serious issue for both neighbours and terrorists are common enemies of humanity. He made these remarks while chair
Published 07 Aug, 2014 12:00am
PTCL launches online education programme 'ILM'

PTCL launches online education programme 'ILM'

Pakistan Telecommunication Company Limited (PTCL), largest ICT services provider of the country, on Wednesday launched an online education programme 'Illuminating Learning Movement (ILM)' aimed at providing customised and interactive e-learning solutions
Published 07 Aug, 2014 12:00am
National Assembly to form body to probe into killing of Hindus

National Assembly to form body to probe into killing of Hindus

National Assembly has unanimously decided to formulate a Fact Finding Committee to probe into the killing of persons belonging to Hindu minority in District Umerkot of Sindh. The issue of killing of two people from Hindu minority community and relatives o
Published 07 Aug, 2014 12:00am
Askari Bank launches Pakistan's first World MasterCard Credit Card

Askari Bank launches Pakistan's first World MasterCard Credit Card

Askari Bank in collaboration with MasterCard announced the launch of Pakistan's first World MasterCard Credit Card. The card is specifically developed for the bank's customers seeking extravagance and high class service world-wide. The Askari Bank World M
Published 07 Aug, 2014 12:00am
'People, democratic forces united to support democracy'

'People, democratic forces united to support democracy'

Terming the Pakistan Tahrik-e-Insaf (PTI) long march a political gimmick, the leader of Awami National Party and former Member of Provincial Assembly (MPA) Ayub Khan on Wednesday said people and democratic forces are united to support democracy. Talking t
Published 07 Aug, 2014 12:00am
PTI gears up preparations for 'Azadi March'

PTI gears up preparations for 'Azadi March'

Pakistan Tehreek-i-Insaf has geared up preparations for active participation of workers in its 'Azadi march' against the federal government in Islamabad on August 14, as thousand of workers were registered at various registration points in Peshawar.
Published 07 Aug, 2014 12:00am
SHC seeks whereabouts of missing person

SHC seeks whereabouts of missing person

The Sindh High Court (SHC) on Wednesday directed the secretary of Interior Ministry to ascertain whether the missing man, said to be arrested by law-enforcement agencies, was detained at Lucky Marwat Internment Center. A division bench headed by Justice M
Published 07 Aug, 2014 12:00am
Four killed in separate incidents of violence

Four killed in separate incidents of violence

At least four people were killed in separate incidents of violence here on Tuesday. According to police and rescue sources, two people Muhammad Ashraf and Ahmad were shot and killed while Muhsin son of Muhammad Khan was shot and injured in the same incide
Published 07 Aug, 2014 12:00am
PTI workers stage protest at City Station

PTI workers stage protest at City Station

Workers of the Pakistan Tehrik-e-Insaf (PTI) staged a protest after their demand for a special train for Azadi March was rejected by the Pakistan Railways here on Wednesday. A large number of the PTI workers gathered at City Station of the city and chante
Published 07 Aug, 2014 12:00am
French CG for exchange of more business delegations

French CG for exchange of more business delegations

Consul General of France in Karachi, Dall'Orso François has advised Pakistani business community to augment its business ties with French counterparts by sending more business delegations and holding exhibitions in France. Speaking at a meeting during his
Published 07 Aug, 2014 12:00am
Siraj says making efforts to ease political tension

Siraj says making efforts to ease political tension

Jamaat-i-Islami (JI) chief Siraj-ul-Haq said that he along with other political leaders was making all possible efforts to reduce the prevailing political temperature in the country.
Published 07 Aug, 2014 12:00am
Bangladesh HC meets National Assembly Speaker

Bangladesh HC meets National Assembly Speaker

High Commissioner of Bangladesh, Suhrab Hussain called on Speaker National Assembly Sardar Ayaz Sadiq here on Wednesday. While talking to the High Commissioner, Speaker said considering Bangladesh as one of its brotherly country, Pakistan strongly desires
Published 07 Aug, 2014 12:00am
CoAS discusses defence ties with Australian Defence Minister

CoAS discusses defence ties with Australian Defence Minister

Chief of the Army staff General Raheel Sharif, who is on an official visit to Australia, on Wednesday held meetings with Australian Minister of Defence David Johnston and Secretary Defence Dennis Richardson and matters of regional security and bilateral d
Published 07 Aug, 2014 12:00am
UBL posts Rs 10.5 billion profit in first half 2014

UBL posts Rs 10.5 billion profit in first half 2014

United Bank Limited (UBL) announced 1H2014 unconsolidated profits of Rs 10.5 billion (EPS Rs 8.6), as compared to Rs 8.3 billion (EPS of Rs 6.8) profit in 1H2013, up by 27.4 percent. According to Topline Securities, the bank also announced interim cash di
Published 07 Aug, 2014 12:00am
UBL posts Rs 10.5 billion profit in first half 2014

UBL posts Rs 10.5 billion profit in first half 2014

United Bank Limited (UBL) announced 1H2014 unconsolidated profits of Rs 10.5 billion (EPS Rs 8.6), as compared to Rs 8.3 billion (EPS of Rs 6.8) profit in 1H2013, up by 27.4 percent. According to Topline Securities, the bank also announced interim cash di
Published 07 Aug, 2014 12:00am
NAB arrests father of main accused in PDA scam

NAB arrests father of main accused in PDA scam

National Accountability Bureau (NAB) Khyber-Pakhtunkhwa on Wednesday arrested Mohammad Irshad, father of main accused Sheraz Khan, ex-official of private bank who is allegedly involved in embezzlement of over Rs 100 million in connivance with other accuse
Published 07 Aug, 2014 12:00am
KP chief minister condemns killing of member of Sikh community

KP chief minister condemns killing of member of Sikh community

Khyber Pakhtunkhwa Chief Minister Pervez Khattak condemned the gruesome target killing of a member of Sikh community and hurt of his two companions near Hashtnagri Peshawar. Khattak termed the firing incident a heinous terror attempt and conspiracy of the
Published 07 Aug, 2014 12:00am
LNG import scheduled for March 2015, National Assembly told

LNG import scheduled for March 2015, National Assembly told

The government on Wednesday informed the National Assembly that LNG import is scheduled for March 2015 but efforts are under way to materialise the project by the end of current year. Minister for Petroleum and Natural Resources, Shahid Khaqan Abbasi stat
Published 07 Aug, 2014 12:00am
CCMG urges growers to adopt measures to tackle pest attack

CCMG urges growers to adopt measures to tackle pest attack

The Cotton Crop Management Group (CCMG) has recommended cotton growers make special arrangements and adopt special measures to combat with highly hazardous pest attack aimed favourable rainy weather and asked the farmers to observe continuous pest scoutin
Published 07 Aug, 2014 12:00am
FBR agrees to discuss 13 major issues with Aptma

FBR agrees to discuss 13 major issues with Aptma

The Federal Board of Revenue (FBR) has accepted a proposal of All Pakistan Textile Mills Association (Aptma) to discuss 13 major issues directly affecting textile industry following changes in tax rates and tariff rationalisation through Finance Act 2014.
Published 07 Aug, 2014 12:00am
Two terrorists killed

Two terrorists killed

Two terrorists, including a commander, Wakil, were killed by a local peace Lashkar in Jamrud, Khyber Agency on Wednesday. These terrorists were wanted in a number of terrorist activities, including bomb blasts.
Published 07 Aug, 2014 12:00am
Nine Afghans among 37 suspects nabbed from Bhara Kahu

Nine Afghans among 37 suspects nabbed from Bhara Kahu

Teams of Pakistan Rangers and Islamabad police on Wednesday conducted joint search operation in slum area of Bhara Kahu and nabbed 37 suspects including nine Afghans, a police spokesman said. Following directions from SSP Islamabad Muhammad Ali Nekokara,
Published 07 Aug, 2014 12:00am
Police stations: police directed to set up women & children desks

Police stations: police directed to set up women & children desks

IGP Sindh, Ghulam Haider Jamali has directed the police to ensure establishment of women and children desks in every police station in the shortest possible time. He was presiding over a meeting at CPO here on Wednesday. The meeting was attended by Addl I
Published 07 Aug, 2014 12:00am
Azadi March: PTI sets up two more registration camps

Azadi March: PTI sets up two more registration camps

Pakistan Tehreek-i-Insaf district Peshawar has set up two more registration camps for 'Azadi March' in which thousands of workers registered themselves on the first day of its inauguration. MPA Shaukat Yousufzai inaugurated the central camp in hashnagari.
Published 07 Aug, 2014 12:00am
Minister inaugurates 500kv DG Khan Grid Station

Minister inaugurates 500kv DG Khan Grid Station

Minister of State for Water and Power Abid Sher Ali inaugurated newly constructed 500Kv DG Khan Grid Station along with 30-Km long 500Kv Transmission Line by NTDC on Wednesday. He said present government is focusing on improvement and up-gradation of elec
Published 07 Aug, 2014 12:00am
Prime Minister to open rehabilitated Ziarat Residency on August 12

Prime Minister to open rehabilitated Ziarat Residency on August 12

Ziarat Residency burnt to ashes by the terrorists last year has now been restored in its original shape and will be inaugurated by Prime Minister Nawaz Sharif on August 12. The treasured national monument, a rest house used by Quaid-e-Azam Muhammad Ali Ji
Published 07 Aug, 2014 12:00am
Amendments to MVA challenged in SHC

Amendments to MVA challenged in SHC

Amendments made to the Sindh Motor Vehicle Act were challenged in the Sindh High Court (SGC) on Wednesday while the notification for placing the Motor Vehicle Inspector under the Sindh Transport Authority was also challenged. The amendments and the notifi
Published 07 Aug, 2014 12:00am
Altaf flays government for having double standards

Altaf flays government for having double standards

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain criticised double standard politics of the government saying that rulers had also took out Long March when they were in opposition and now they are opposing the same long march by other parties. Addressin
Published 07 Aug, 2014 12:00am
Fourth session of Pak-Turkmenistan JGC being held today

Fourth session of Pak-Turkmenistan JGC being held today

The 4th session of the Pakistan-Turkmenistan Joint Governmental Commission (JGC) is being held in Islamabad on 7-8 August. Foreign Office spokesperson while giving details of the meeting said the session would be co-chaired by the Deputy Chairman of Cabin
Published 07 Aug, 2014 12:00am
Appellate Tribunal: President approves nomination of judges

Appellate Tribunal: President approves nomination of judges

President Mamnoon Hussain, on the advice of the prime minister, has approved the nomination of Justice Rooh-ul-Amin Khan and Justice Syed Afsar Shah of Peshawar High Court (DI Khan bench) for Appellate Tribunal. The judges will dispose of appeals against
Published 07 Aug, 2014 12:00am
August 10 to 14th: government decides to cut loadshedding duration

August 10 to 14th: government decides to cut loadshedding duration

Federal government has decided to bring down loadshedding duration to six hours daily from August 10 to 14 to deter the 'Azadi March' of Pakistan Tehreek-e-Insaf (PTI) scheduled on the Independence Day. Ministry of Water and Power has issued special direc
Published 07 Aug, 2014 12:00am
Dar dismisses 'minus Nawaz' formula

Dar dismisses 'minus Nawaz' formula

Finance Minister Ishaq Dar said on Wednesday that Prime Minister Nawaz Sharif's resignation is out of question. Addressing a news conference on PML-N government's one-year economic performance, the Finance Minister added that the country could not afford
Published 07 Aug, 2014 12:00am
SHC suspends transfer letter of Director of Military Lands & Cantonments

SHC suspends transfer letter of Director of Military Lands & Cantonments

The Sindh High Court (SHC) on Wednesday suspended the operation of an administrative letter regarding transfer of Zeenat Ahmed, Director, Military Lands & Cantonments of Karachi region. A division bench headed by Justice Hassan Azhar Rizvi gave this inter
Published 07 Aug, 2014 12:00am
Deserving persons: PZC doubles marriage grant, subsistence allowance

Deserving persons: PZC doubles marriage grant, subsistence allowance

Provincial Zakat Council (PZC) has doubled marriage grant and subsistence allowance for deserving persons. It has also extended the tenure of all such Districts Zakat Committees up to November 30, 2014 where new committees have not been constituted so far
Published 07 Aug, 2014 12:00am
Shahi Syed urges Imran to bring reforms through parliament

Shahi Syed urges Imran to bring reforms through parliament

Political leaders have regretted Imran Khan's way to bring reforms in political system and said that he should resolve issues in the parliament instead of mobilising people for chaos. Taking part in Radio programme, Awami National Party's Senator Shahi Sy
Published 07 Aug, 2014 12:00am
PTI chief to inaugurate hydropower project today in Swat

PTI chief to inaugurate hydropower project today in Swat

Chairman PTI Imran Khan and KP CM Pervez Khattak will inaugurate ground work on 150 KW Bar Lalkoo-Sakhra Mini Hydropower Project on Swat river at Matta today (Thursday). It will also be the opening of the series of 350 small hydel power stations to be est
Published 07 Aug, 2014 12:00am
Javed Mir calls on Pak HC in Delhi

Javed Mir calls on Pak HC in Delhi

APHC leader, Javed Ahmad Mir visited the Pakistan High commission at New Delhi and discussed with him the present human rights situation in Indian occupied Kashmir. According to Kashmir Media Service, Javed Ahmad Mir (according to a Statement issued by hi
Published 07 Aug, 2014 12:00am
Pakistani SSG ranked among 10 best forces

Pakistani SSG ranked among 10 best forces

Pakistan Special Service Group (SSG), known as commandos, has included in 10 best forces in the world after leaving behind its arch-rival Indian's SSG. US magazine Armed Forces History Museum compiled a list of 10 best forces in the world in which Pakista
Published 07 Aug, 2014 12:00am
FIR lodged against Qadri for 'inciting violence'

FIR lodged against Qadri for 'inciting violence'

Punjab government on Wednesday filed a First Information Report (FIR) against Pakistan Awami Tehreek (PAT) chief Dr Tahirul Qadri at the Faisal Town police station in Lahore for "inciting violence". According to a private TV channel, the decision to lodge
Published 07 Aug, 2014 12:00am
Abid Sher concerned over politics of discord

Abid Sher concerned over politics of discord

State Minister for Water and Power, Abid Sher Ali said at a time when the nation is fighting against terrorism some elements are busy creating political disorder and confusion in the country. The State Minister expressed these views on Wednesday while add
Published 07 Aug, 2014 12:00am
LCCI, CCPIT CHEM ink MoU

LCCI, CCPIT CHEM ink MoU

The Lahore Chamber of Commerce and Industry (LCCI) and CCPIT Sub-Council for Chemical Industry (CCPIT CHEM) on Wednesday inked a memorandum of understanding (MoU) that would pave way for joint research and transfer of technology in the agriculture sector.
Published 07 Aug, 2014 12:00am
PMWC convention held

PMWC convention held

In connection with Independence Day celebrations, Pakistan Movement Workers Convention (PMWC) was held here at Nusrat Fateh Ali Auditorium under the joint arrangement of City District Government, Faisalabad Arts Council and Nazria Pakistan Forum. The Conv
Published 07 Aug, 2014 12:00am
Lawyers hold anti-Israel rally

Lawyers hold anti-Israel rally

Member of District Bar Association Multan on Wednesday staged a demonstration at Chowk Kutchehry and burnt the Israeli flag to express their anger of Israeli aggression. The demo was led by Sher Zaman Qureshi President of DBA and Mehr Haseeb Qadar General
Published 07 Aug, 2014 12:00am
Economic growth, jobs: public, private sectors should join hands: PIAF

Economic growth, jobs: public, private sectors should join hands: PIAF

Public and private sectors should work jointly to ensure economic growth and job creation, said PIAF Chairman Malik Tahir Javed while talking to a delegation of businessmen here on Wednesday. The PIAF chairman said that they had already given an economic
Published 07 Aug, 2014 12:00am
PLDDD to vaccinate 22.02 million animals till September

PLDDD to vaccinate 22.02 million animals till September

Punjab Livestock and Dairy Development Department (PLDDD) has set a target of vaccinating 22.02 million cows, buffaloes, sheep and goat till September 30, under the "Flood Plan 2014" to avoid spread of epidemics during this season. The department has star
Published 07 Aug, 2014 12:00am
Copper hits five-week low

Copper hits five-week low

Copper sank to a five-week low on Wednesday, pressured by a strong dollar and data pointing to slowing growth in top metals consumer China. Three month copper on the London Metal Exchange, closed 1.2 percent lower at $6,970 a tonne. It hit a low of $6,951
Published 07 Aug, 2014 12:00am
Shanghai copper slips

Shanghai copper slips

The most-traded October copper contract on the Shanghai Futures Exchange dropped 1.6 percent to end at the session's low of 49,720 yuan ($8,064) per tonne on Wednesday, its weakest since July 24. China's refined copper imports fell 8.2 percent from a year
Published 07 Aug, 2014 12:00am
Brent up on geopolitical worry, US crude falls

Brent up on geopolitical worry, US crude falls

Brent crude oil edged up from a nine-month low on Wednesday amid concerns over the conflict in Ukraine, while ample supply in the United States pressured prices there. Around 20,000 Russian troops were gathered on Ukraine's eastern border and Nato warned
Published 07 Aug, 2014 12:00am
Rubber down

Rubber down

Benchmark TOCOM rubber futures fell for a fourth day in a row on Wednesday as declines in Japanese equities as well as other industrial commodities hit sentiment. The Tokyo Commodity Exchange rubber contract for January delivery fell 1.1 yen to 203.5 yen
Published 07 Aug, 2014 12:00am
Corn and soyabean futures fall

Corn and soyabean futures fall

US soyabean futures fell on Tuesday as expectations for a bumper US harvest rose on overnight rains across a broad stretch of the Midwest and a government report showing the crop in better shape than expected, traders said. The storms, which eased lingeri
Published 07 Aug, 2014 12:00am
Palm oil plunges

Palm oil plunges

Malaysian palm oil futures slipped to a near-one-year low on Wednesday, stretching losses into a third straight session as a bout of technical selling dragged on prices that were already under pressure from weaker competing edible oils. The benchmark Octo
Published 07 Aug, 2014 12:00am
Sugar climbs

Sugar climbs

Raw sugar turned higher on Wednesday on signs of renewed physical demand after dipping to a 5-1/2 month low, while cocoa futures flirted with a three-year high on robust demand. Arabica coffee on ICE Futures US turned higher in choppy dealings while Liffe
Published 07 Aug, 2014 12:00am
Gold surges in New York

Gold surges in New York

Gold prices rose on Tuesday as a tumble in US equities and worries about escalation of military action in eastern Ukraine helped bullion recover earlier losses driven by bullish US economic data. Bullion prices turned higher after Polish Foreign Minister
Published 07 Aug, 2014 12:00am
Gold rises in Asia

Gold rises in Asia

Gold ticked up slightly on Wednesday and could benefit from a bout of market risk aversion as fears of increasing military action along the Ukraine border put global equities under pressure. Spot gold rose 0.3 percent to $1,291.80 an ounce by 0623 GMT, af
Published 07 Aug, 2014 12:00am
Gold jumps in Europe

Gold jumps in Europe

Gold rose 1.6 percent Wednesday, extending modest early gains as concerns of an escalation of the conflict in Ukraine put global equities under sustained pressure, raising demand for assets perceived as an insurance against risk. Russia has amassed around
Published 07 Aug, 2014 12:00am
US MIDDAY: wheat rises

US MIDDAY: wheat rises

Wheat futures on the Chicago Board of Trade hit a one-month high early on Wednesday as renewed concern about political tension in the Black Sea grain region triggered short-covering and fresh buying, traders said. Russia has massed around 20,000 combat-re
Published 07 Aug, 2014 12:00am
US MIDDAY: gold soars

US MIDDAY: gold soars

Gold rose nearly 1.5 percent early on Wednesday on safe-haven buying triggered by worries that there could be an escalation of the military conflict in Ukraine and by a weak undertone in global equities. Investors bought gold and US Treasury bonds and ini
Published 07 Aug, 2014 12:00am
The Weather

The Weather

The weather report on Wednesday (August 06, 2014) and the forecast for Thursday (August 07, 2014).

Published 07 Aug, 2014 12:00am
Growing political instability and Nawaz Sharif

Growing political instability and Nawaz Sharif

Apropos 'Tensions deepen as an obdurate Imran demands PM's exit, re-elections', carried by Business Recorder on Wednesday, it is important to note that Prime Minister Nawaz Sharif has stepped up his pressure not only on his allies but a friendly op
Published 07 Aug, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (August 06, 2014).

Published 07 Aug, 2014 12:00am
Shadowed by Bush, Obama seeks Africa legacy makeover

Shadowed by Bush, Obama seeks Africa legacy makeover

When President Barack Obama made his first extended trip to Africa last year as the world's most powerful leader, he tried to assuage a continent largely disappointed in its famous favourite son. The first African-American president, Obama had given scant
Published 07 Aug, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (August 06, 2014).

Published 07 Aug, 2014 12:00am
An invoice as a commercial document

An invoice as a commercial document

An invoice is a written account, or itemised statement of merchandise shipped or sent to a purchaser, consignee, factor, etc, with the quantity, value or prices and charges annexed, and may as appropriate to a consignment or a memorandum shipment as it is
Published 07 Aug, 2014 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 07 Aug, 2014 12:00am
VIEW POINT: Azadi march: where will it end?

VIEW POINT: Azadi march: where will it end?

If Nawaz Sharif seemed to have learnt from his past mistakes, not anymore considering how he has responded to the first major political challenge thrown his way by the PTI. He misjudged Imran Khan's seriousness in demanding recounting of votes in four mos
Published 07 Aug, 2014 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 07 Aug, 2014 12:00am
Glasgow fiasco

Glasgow fiasco

The 20th Commonwealth Games gala is over but the shame Pakistan contingent's poor performance earned for the country will live, and it should thicken forcing accountability of those behind this monumental disaster. Of more than 820 medals in contention at
Published 07 Aug, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (August 06, 2014).

Published 07 Aug, 2014 12:00am
It's easier to forgive PPP than to forgive PML-N

It's easier to forgive PPP than to forgive PML-N

Federal Finance Minister Ishaq Dar while chairing a meeting on Pakistan Power Sector Investment prospects emphasised the need for an integrated long-term plan to bring down electricity cost and overcome the country's immediate and future energy challenges
Published 07 Aug, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (August 06, 2014) and for Thursday (August 07, 2014).
Published 07 Aug, 2014 12:00am
US cotton futures move up, extend bounce above five-year low

US cotton futures move up, extend bounce above five-year low

US cotton futures rose quietly on Wednesday, as the market consolidated above last week's five-year low on fresh buying, but the contract remained in technically oversold conditions. The most-active December cotton contract on ICE Futures US settled up 0.
Published 07 Aug, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (August 06, 2014).

Published 07 Aug, 2014 12:00am
WHO calls ethics meeting over experimental Ebola drug

WHO calls ethics meeting over experimental Ebola drug

The World Health Organisation said on Wednesday it was convening an ethics meeting next week to explore the use of experimental treatment in the Ebola outbreak in West Africa. The move comes after two health workers from the US charity Samaritan's Purse w
Published 07 Aug, 2014 12:00am
WHO calls ethics meeting over experimental Ebola drug

WHO calls ethics meeting over experimental Ebola drug

The World Health Organisation said on Wednesday it was convening an ethics meeting next week to explore the use of experimental treatment in the Ebola outbreak in West Africa. The move comes after two health workers from the US charity Samaritan's Purse w
Published 07 Aug, 2014 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (August 06, 2014).

Published 07 Aug, 2014 12:00am
Probe makes space history with rendezvous with comet

Probe makes space history with rendezvous with comet

The space probe Rosetta made a historic rendezvous with a comet on Wednesday, climaxing a 10-year, six-billion-kilometre (3.7-billion-mile) chase through the Solar System, the European Space Agency (ESA) said. "We're at the comet," Rosetta's flight operat
Published 07 Aug, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (August 06, 2014).

Published 07 Aug, 2014 12:00am
Probe makes space history with rendezvous with comet

Probe makes space history with rendezvous with comet

The space probe Rosetta made a historic rendezvous with a comet on Wednesday, climaxing a 10-year, six-billion-kilometre (3.7-billion-mile) chase through the Solar System, the European Space Agency (ESA) said. "We're at the comet," Rosetta's flight operat
Published 07 Aug, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (August 06, 2014).

Published 07 Aug, 2014 12:00am
Putin hits back with ban on food from sanction nations

Putin hits back with ban on food from sanction nations

President Vladimir Putin on Wednesday slapped one-year bans and limits on food and agricultural imports from nations that have imposed sanctions on Russia over its defiant stance on Ukraine. The decision marks yet another escalation in a furious diplomati
Published 07 Aug, 2014 12:00am
Putin hits back with ban on food from sanction nations

Putin hits back with ban on food from sanction nations

President Vladimir Putin on Wednesday slapped one-year bans and limits on food and agricultural imports from nations that have imposed sanctions on Russia over its defiant stance on Ukraine. The decision marks yet another escalation in a furious diplomati
Published 07 Aug, 2014 12:00am
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