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Oct 06, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-08-18
Another selloff in emerging FX likely, but less severe

Another selloff in emerging FX likely, but less severe

The risk of another selloff in emerging market currencies in the coming year is high, foreign exchange strategists polled by Reuters said, although they do not expect it be as severe as the one earlier this year.
Published 18 Aug, 2014 12:00am
Another selloff in emerging FX likely, but less severe

Another selloff in emerging FX likely, but less severe

The risk of another selloff in emerging market currencies in the coming year is high, foreign exchange strategists polled by Reuters said, although they do not expect it be as severe as the one earlier this year.
Published 18 Aug, 2014 12:00am
Tokyo investors eye Fed chief speech

Tokyo investors eye Fed chief speech

Tokyo investors will focus on a speech by US Federal Reserve chief Janet Yellen next week as investor concerns about crises in the Ukraine and Iraq start to ease, brokers said.
Published 18 Aug, 2014 12:00am
Blue chips lift Saudi Arabia bourse to six-year peak

Blue chips lift Saudi Arabia bourse to six-year peak

Blue chip stocks lifted Saudi Arabia's bourse to a new six-and-a-half year peak on Sunday, while other Middle East markets were mixed as low volumes led to choppy trading and a lack of clear direction. The Saudi index rose 0.5 percent to 10,639 points, it
Published 18 Aug, 2014 12:00am
Israel ends export to EU of settler dairy, poultry produce

Israel ends export to EU of settler dairy, poultry produce

Israel was to end its export of poultry and dairy produce to the European Union from Jewish settlements considered illegal by the international community, Israeli and European officials said on Sunday. The restrictions stem from directives issued by the E
Published 18 Aug, 2014 12:00am
Two Saudis beheaded for murdering compatriots

Two Saudis beheaded for murdering compatriots

Two Saudi men were decapitated by sword on Sunday for separate murder charges, the interior ministry said. Yussef al-Nafii, executed in the western city of Taif, had been convicted of shooting fellow Saudi Salman al-Rabii dead after a dispute, the ministr
Published 18 Aug, 2014 12:00am
Australia to take 4,400 refugees from Syria, Iraq

Australia to take 4,400 refugees from Syria, Iraq

Australia will offer to resettle some 4,400 people fleeing violence in Iraq and Syria, Immigration Minister Scott Morrison said Sunday, adding the places had been freed up by success in stopping asylum-seeker boats. Boat arrivals have all but dried up sin
Published 18 Aug, 2014 12:00am
Iran won't accept nuclear restraints 'beyond IAEA rules'

Iran won't accept nuclear restraints 'beyond IAEA rules'

Iran will reject any restraints on its nuclear operations outside the international rules set by the industry watchdog, President Hassan Rouhani said on Sunday. "We will only accept the legal controls of the IAEA within the framework of the Non-Proliferat
Published 18 Aug, 2014 12:00am
After breakups, newspapers seek path forward

After breakups, newspapers seek path forward

Following an unprecedented series of spin-offs by major US media companies, the print news industry now faces a rocky future without financial support from deep-pocketed parent firms. The wave of corporate breakups comes with newspapers and magazines stru
Published 18 Aug, 2014 12:00am
Iraqi officer who killed journalist jailed for life

Iraqi officer who killed journalist jailed for life

The officer who killed an Iraqi journalist at a Baghdad checkpoint in March was sentenced to life imprisonment on Sunday, a spokesman for the judiciary said. "The central criminal court of Iraq, headed by Judge Beligh Hamdi, handed a sentence of life impr
Published 18 Aug, 2014 12:00am
Ten foreigners, five locals missing as Indonesia tour boat sinks

Ten foreigners, five locals missing as Indonesia tour boat sinks

Ten foreign tourists and five Indonesians were missing Sunday after a boat sank as it travelled between islands in the east of the country, while 10 others have been rescued, search and rescue officials said. The vessel went down Saturday after being caug
Published 18 Aug, 2014 12:00am
Statue of slain PKK commander unveiled in Turkey

Statue of slain PKK commander unveiled in Turkey

A statue of a former militant commander of the Kurdistan Workers Party (PKK) who planned the first attacks of its 30-year insurgency against the Turkish authorities has been unveiled in south-east Turkey, reports said Sunday. The statue of Mahsum Korkmaz,
Published 18 Aug, 2014 12:00am
Orbital cargo ship makes planned re-entry to Earth

Orbital cargo ship makes planned re-entry to Earth

Orbital Sciences Corporation's unmanned Cygnus cargo ship disintegrated as planned Sunday as it re-entered Earth's atmosphere after a month-long resupply mission to the International Space Station. The spacecraft had been released from the orbiting lab on
Published 18 Aug, 2014 12:00am
French prime minister slaps down call for change of course

French prime minister slaps down call for change of course

French Prime Minister Manuel Valls on Sunday slapped down rebels of his ruling Socialist party, branding their calls to support the low paid instead of reducing tax for business irresponsible and saying a change of course was out of the question. The Fren
Published 18 Aug, 2014 12:00am
North Korea threatens 'merciless' strike against US-S Korea drill

North Korea threatens 'merciless' strike against US-S Korea drill

North Korea warned Sunday of a possible "merciless" pre-emptive strike as it blasted an upcoming joint US-South Korean military exercise as a rehearsal for nuclear war. South Korea vowed to go ahead from Monday with the annual Ulchi Freedom Guardian drill
Published 18 Aug, 2014 12:00am
Three killed as landslide destroys house in Kotli

Three killed as landslide destroys house in Kotli

At least three persons were killed and two others injured when landslide caused by heavy rain hit a house herre in the wee hours of Sunday Local sources said that a big land mass fell over a house in village Bagah Kakni in district Kotli of Azad Jammu and
Published 18 Aug, 2014 12:00am
JI chief & PPP leader urge government to show magnanimity

JI chief & PPP leader urge government to show magnanimity

Chief of Jamaat-i-Islami Sirajul Haq and leader of the Opposition in the National Assembly, PPP's Syed Khursheed Shah, have said that they would not allow derailment of democracy and hoped that all the political parties would agree on a consensus agenda.
Published 18 Aug, 2014 12:00am
Prime Minister condoles death of Rana Jawad's mother

Prime Minister condoles death of Rana Jawad's mother

Prime Minister Muhammad Nawaz Sharif Sunday expressed grief and sorrow over sad demise of the mother of Rana Jawad, Islamabad Bureau Chief of Geo TV. He prayed to Allah Almighty to grant peace to the departed soul and courage to the bereaved family to bea
Published 18 Aug, 2014 12:00am
39 suspects arrested in Mansehra

39 suspects arrested in Mansehra

The police arrested 39 suspects during a search operation in Afghan refugees camp here on Sunday and recovered arms, explosives and hand grenade. District Police Officer (DPO) Khurram Rasheed said that heavy contingent of police conducted the search opera
Published 18 Aug, 2014 12:00am
MQM delegation visits venues of protest sit-ins

MQM delegation visits venues of protest sit-ins

Muttahida Qaumi Movement (MQM) Rabbita Committee members paid a visit to the venues of the protest sit-ins of PAT and PTI and distributed food items among the workers of the two parties on the directives of MQM Chief Altaf Hussain on Sunday.
Published 18 Aug, 2014 12:00am
Dr Malik terms demands of Imran, Qadri unconstitutional

Dr Malik terms demands of Imran, Qadri unconstitutional

Balochistan Chief Minister Dr Abdul Malik Baloch has termed demands of Imran Khan and Tahirul Qadri as unconstitutional and would not be accepted. Talking to media here on Sunday said Balochistan government firmly believes in democracy and whatever the de
Published 18 Aug, 2014 12:00am
Imran has gained nothing through protest politics: Punjab chief minister

Imran has gained nothing through protest politics: Punjab chief minister

Punjab Chief Minister Shahbaz Sharif has said that Imran Khan has gained nothing through protest politics and people have also rejected this kind of politics. He said if Imran Khan wants to remain alive in politics, he will have to adopt a political appro
Published 18 Aug, 2014 12:00am
Three killed as pickup falls in gorge

Three killed as pickup falls in gorge

At least three persons including a woman were killed and four others injured when a pickup fell in a gorge here on Sunday. Political administration sources said that a pickup going to Barang Sharbati from Khar, the tribal headquarters of Bajaur Agency ski
Published 18 Aug, 2014 12:00am
PEF launches baseline survey of 75 schools in Cholistan

PEF launches baseline survey of 75 schools in Cholistan

Punjab Education Foundation (PEF) has launched baseline survey of newly adopted 75 non-formal community schools situated in Cholistan area of Bahawalpur division. According to information of Punjab Education Foundation received here Sunday this survey wou
Published 18 Aug, 2014 12:00am
2,520 activists of PTI, PAT detained under MPO in Punjab

2,520 activists of PTI, PAT detained under MPO in Punjab

At least 48 activists of PTI and PAT are still detained in Multan central prison for 90 days under section 3-Maintenance of Public Order, up to 73 activists were detained in Dera Ghazi Khan Central Jail, 80 in Muzaffarhgarh District Jail, Vehari District
Published 18 Aug, 2014 12:00am
ISDS to have new diagnostic machines soon

ISDS to have new diagnostic machines soon

Institute of Skin Diseases Sindh (ISDS) administration has approved a summary to equip the hospital with latest diagnostic machines and also to get all the out of order machines repaired so as to ensure standard healthcare delivery system in the hospital.
Published 18 Aug, 2014 12:00am
Family gala at Pakistan Embassy in Riyadh

Family gala at Pakistan Embassy in Riyadh

More than 4,000 members of the Pakistani community in Riyadh took part in a gala family show hosted by their embassy to mark their country's Independence Day celebrations. The family festival, arranged by the Pakistan Embassy, was the first of its kind to
Published 18 Aug, 2014 12:00am
People demanding Prime Minister resignation: Shujaat

People demanding Prime Minister resignation: Shujaat

Pakistan Muslim League (Q) President Chaudhry Shujaat Hussain has said that they were not demanding resignation of the Prime Minister through the force of gun but it is demand of the masses. In an interview, Shujaat said the PML-N leadership is left with
Published 18 Aug, 2014 12:00am
JI rally lashes out at Israel for Gaza aggression

JI rally lashes out at Israel for Gaza aggression

Jamaat-i-Islami chief Siraj-ul-Haq has said that the international community after the JI's "Gaza Million March" has now fully understood that the entire Muslim Ummah wanted independence of Gaza. He was speaking to the participants of "Gaza Million March"
Published 18 Aug, 2014 12:00am
LCCI rejects Imran's call for civil disobedience

LCCI rejects Imran's call for civil disobedience

Lahore Chamber of Commerce & Industry (LCCI) has totally rejected Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan's call for civil disobedience and an ultimatum of two days to the government to step down. Reacting to PTI' chief's call, LCCI President S
Published 18 Aug, 2014 12:00am
Third day of PAT sit-in: Qadri defends his 10-point agenda

Third day of PAT sit-in: Qadri defends his 10-point agenda

Declaring Prime Minister Nawaz Sharif a threat to the national security, Pakistan Awami Tehreek (PAT) chief Tahirul Qadri said on Sunday that the "days of the government were numbered". On the third of his anti-government sit-in, Qadri said the government
Published 18 Aug, 2014 12:00am
Focal Person: Zardari nominates Malik

Focal Person: Zardari nominates Malik

PPP Co-Chairperson Asif Ali Zardari has nominated former Interior Minister Rehman Malik as focal person for contacts with other political parties in the wake of the ongoing political crisis. Party sources said on Sunday that Rehman Malik would meet differ
Published 18 Aug, 2014 12:00am
Civil disobedience movement: politicians slam Imran's call

Civil disobedience movement: politicians slam Imran's call

The major political parties, including the ruling Pakistan Muslim League-Nawaz (PML-N) strongly reacted to Pakistan Tehreek-e-Insaf (PTI) chairman announcement to launch civil disobedience movement, terming it tantamount to sedition against the state.
Published 18 Aug, 2014 12:00am
Political contacts intensified to avoid an imminent showdown

Political contacts intensified to avoid an imminent showdown

Political contacts have intensified through indirect contacts with Pakistan Tehrik Insaaf (PTI) and Pakistani Awami Tehrik (PAT) in order to avoid an imminent showdown. According to well informed sources Governor Sindh Dr Ishratul Ibad and Governor Punjab
Published 18 Aug, 2014 12:00am
Imran spends night on top of a container

Imran spends night on top of a container

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan spent Saturday night on top of a shipping container at the protest venue on Kashmir highway where charged supporters of his party are staging a sit-in against the government.
Published 18 Aug, 2014 12:00am
Schools and colleges to reopen on August 25

Schools and colleges to reopen on August 25

The capital educational institutions functioning under the Federal Directorate of Education (FDE) on Sunday announced that all schools and colleges of the capital will reopen on August 25.
Published 18 Aug, 2014 12:00am
PCGA urges government to introduce support price of phutti

PCGA urges government to introduce support price of phutti

Pakistan Cotton Ginners Association (PCGA) has demanded of the Government to save the farmers and ginners from the exploitation of textile millers by introducing support prices of "Phutti" (raw cotton). Problem of low voltage in MEPCO and FESCO jurisdicti
Published 18 Aug, 2014 12:00am
Indus in low flood at Kalabagh, Chashma barrages

Indus in low flood at Kalabagh, Chashma barrages

After scattered rains in the catchment areas of the rivers up country, mighty Indus is in low flood at Kalabagh and Chashma barrages with respective flow of 2,51,200 cusecs and 2,82,000 cusecs of water, Flood Forecasting Centre said here on Sunday.
Published 18 Aug, 2014 12:00am
Peshawar's artisans products: MCCI plans to arrange exhibition

Peshawar's artisans products: MCCI plans to arrange exhibition

Multan Chamber of Commerce and Industry (MCCI) has planned to organise an exhibition of products of Peshawar's artisans in Multan in collaboration with National Productivity Organisation (NPO) in October to revive the dying art of Peshawar. President of M
Published 18 Aug, 2014 12:00am
Punjab chief minister takes notice of self-immolation

Punjab chief minister takes notice of self-immolation

Punjab Chief Minister Shahbaz Sharif has taken notice of self-immolation by a victim of gang rape and her husband Shokat Ali due to non-provision of justice in Joharabad, Khushab and sought a report from DPO Khushab.
Published 18 Aug, 2014 12:00am
Israel warns on security as Gaza truce talks resume

Israel warns on security as Gaza truce talks resume

Israel warned on Sunday it would not countenance any long-term truce deal that did not answer its security needs as Gaza cease-fire talks resumed in Cairo. Egyptian-brokered indirect negotiations between Israel and the Palestinians are taking place during
Published 18 Aug, 2014 12:00am
Israel warns on security as Gaza truce talks resume

Israel warns on security as Gaza truce talks resume

Israel warned on Sunday it would not countenance any long-term truce deal that did not answer its security needs as Gaza cease-fire talks resumed in Cairo. Egyptian-brokered indirect negotiations between Israel and the Palestinians are taking place during
Published 18 Aug, 2014 12:00am
Philippine Muslim self-rule bill due today

Philippine Muslim self-rule bill due today

Philippine President Benigno Aquino will on Monday receive a completed draft bill to create a Muslim autonomous area, aimed at ending decades of fighting that has claimed thousands of lives, his spokesman said. Receiving the draft bill would allow Aquino
Published 18 Aug, 2014 12:00am
Philippine Muslim self-rule bill due today

Philippine Muslim self-rule bill due today

Philippine President Benigno Aquino will on Monday receive a completed draft bill to create a Muslim autonomous area, aimed at ending decades of fighting that has claimed thousands of lives, his spokesman said. Receiving the draft bill would allow Aquino
Published 18 Aug, 2014 12:00am
Ukraine and Russia hold talks amid fears of direct clashes

Ukraine and Russia hold talks amid fears of direct clashes

Germany warned Sunday that direct military clashes between Russia and Ukraine must be avoided at all costs as Kiev and Moscow's top diplomats joined crisis talks with only faint hope of a breakthrough.
Published 18 Aug, 2014 12:00am
Ukraine and Russia hold talks amid fears of direct clashes

Ukraine and Russia hold talks amid fears of direct clashes

Germany warned Sunday that direct military clashes between Russia and Ukraine must be avoided at all costs as Kiev and Moscow's top diplomats joined crisis talks with only faint hope of a breakthrough.
Published 18 Aug, 2014 12:00am
Scotland claims on national treasure fuel independence row

Scotland claims on national treasure fuel independence row

Debt, North Sea oil and the pound sterling are just some of the economic issues pitting Edinburgh against London ahead of Scotland's independence referendum in one month's time. First Minister Alex Salmond, the nationalist leader, insists Scotland must re
Published 18 Aug, 2014 12:00am
Scotland claims on national treasure fuel independence row

Scotland claims on national treasure fuel independence row

Debt, North Sea oil and the pound sterling are just some of the economic issues pitting Edinburgh against London ahead of Scotland's independence referendum in one month's time. First Minister Alex Salmond, the nationalist leader, insists Scotland must re
Published 18 Aug, 2014 12:00am
Fresh violence in riot-hit US town, new autopsy ordered

Fresh violence in riot-hit US town, new autopsy ordered

Fresh violence in the riot-hit US town of Ferguson left one person shot and seven people arrested Sunday as authorities ordered a second autopsy on an unarmed black teenager gunned down by police. A week of racially charged tensions following the shooting
Published 18 Aug, 2014 12:00am
Fresh violence in riot-hit US town, new autopsy ordered

Fresh violence in riot-hit US town, new autopsy ordered

Fresh violence in the riot-hit US town of Ferguson left one person shot and seven people arrested Sunday as authorities ordered a second autopsy on an unarmed black teenager gunned down by police. A week of racially charged tensions following the shooting
Published 18 Aug, 2014 12:00am
Indian army violates ceasefire again

Indian army violates ceasefire again

Indian army opened unprovoked fire at Charar Sector area of Line of Control near Sialkot on Saturday night, violating the cease-fire between the two countries. The Indian army fired mortar shells at villages Nandpur, Kaiser and Rangpur. According to sourc
Published 18 Aug, 2014 12:00am
Indian army violates ceasefire again

Indian army violates ceasefire again

Indian army opened unprovoked fire at Charar Sector area of Line of Control near Sialkot on Saturday night, violating the cease-fire between the two countries. The Indian army fired mortar shells at villages Nandpur, Kaiser and Rangpur. According to sourc
Published 18 Aug, 2014 12:00am
UK shipping container: 13 children among Afghan Sikhs found

UK shipping container: 13 children among Afghan Sikhs found

The frail survivors found inside a shipping container at a British port at the weekend following a "horrific ordeal" are Sikhs from Afghanistan and include 13 children, police said Sunday. Staff at Tilbury Docks east of London on Saturday discovered one d
Published 18 Aug, 2014 12:00am
UK shipping container: 13 children among Afghan Sikhs found

UK shipping container: 13 children among Afghan Sikhs found

The frail survivors found inside a shipping container at a British port at the weekend following a "horrific ordeal" are Sikhs from Afghanistan and include 13 children, police said Sunday. Staff at Tilbury Docks east of London on Saturday discovered one d
Published 18 Aug, 2014 12:00am
Trains carrying toxic chemicals collide in US, two dead

Trains carrying toxic chemicals collide in US, two dead

Two freight trains transporting toxic chemicals smashed into each other in the US state of Arkansas early Sunday, killing two people and injuring two others, police said. The dead and injured were all believed to be crew members, the statement said.
Published 18 Aug, 2014 12:00am
Trains carrying toxic chemicals collide in US, two dead

Trains carrying toxic chemicals collide in US, two dead

Two freight trains transporting toxic chemicals smashed into each other in the US state of Arkansas early Sunday, killing two people and injuring two others, police said. The dead and injured were all believed to be crew members, the statement said.
Published 18 Aug, 2014 12:00am
Hockey Olympians arrested for gambling

Hockey Olympians arrested for gambling

Eight hockey officials including four former Olympians appeared in court on Sunday on gambling charges. Police official Nasir Hameed said the eight were detained late Saturday and brought before a special court Sunday afternoon. "We raided a Lahore hotel
Published 18 Aug, 2014 12:00am
Hockey Olympians arrested for gambling

Hockey Olympians arrested for gambling

Eight hockey officials including four former Olympians appeared in court on Sunday on gambling charges. Police official Nasir Hameed said the eight were detained late Saturday and brought before a special court Sunday afternoon. "We raided a Lahore hotel
Published 18 Aug, 2014 12:00am
Kurds retake key Iraq dam, Sunnis hit jihadists

Kurds retake key Iraq dam, Sunnis hit jihadists

Iraqi Kurdish fighters backed by US warplanes retook the country's largest dam from jihadists on Sunday, as Sunni Arab tribesmen and security forces fought the militants west of Baghdad. The recapture of Mosul dam marks the biggest major prize clawed back
Published 18 Aug, 2014 12:00am
Kurds retake key Iraq dam, Sunnis hit jihadists

Kurds retake key Iraq dam, Sunnis hit jihadists

Iraqi Kurdish fighters backed by US warplanes retook the country's largest dam from jihadists on Sunday, as Sunni Arab tribesmen and security forces fought the militants west of Baghdad. The recapture of Mosul dam marks the biggest major prize clawed back
Published 18 Aug, 2014 12:00am
There will be no talks on resignations: Punjab governor

There will be no talks on resignations: Punjab governor

Governor Punjab Chaudhry Muhammad Sarwar Sunday made a contact with opposition leader Mian Mahmudur Rashid of PTI and conveyed to him government's willingness to hold talks on all issues except its demand of resignations of Prime Minister Nawaz Sharif and
Published 18 Aug, 2014 12:00am
There will be no talks on resignations: Punjab governor

There will be no talks on resignations: Punjab governor

Governor Punjab Chaudhry Muhammad Sarwar Sunday made a contact with opposition leader Mian Mahmudur Rashid of PTI and conveyed to him government's willingness to hold talks on all issues except its demand of resignations of Prime Minister Nawaz Sharif and
Published 18 Aug, 2014 12:00am
IMF team cancels visit: Dar

IMF team cancels visit: Dar

Finance Minister Ishaq Dar has expressed a serious concern over the announcement of civil disobedience movement made by Pakistan Tahreek-e-Insaaf Chairman Imran Khan, saying that it would have grave consequences on the economy. Talking to a private TV cha
Published 18 Aug, 2014 12:00am
IMF team cancels visit: Dar

IMF team cancels visit: Dar

Finance Minister Ishaq Dar has expressed a serious concern over the announcement of civil disobedience movement made by Pakistan Tahreek-e-Insaaf Chairman Imran Khan, saying that it would have grave consequences on the economy. Talking to a private TV cha
Published 18 Aug, 2014 12:00am
IMF team cancels visit: Dar

IMF team cancels visit: Dar

Finance Minister Ishaq Dar has expressed a serious concern over the announcement of civil disobedience movement made by Pakistan Tahreek-e-Insaaf Chairman Imran Khan, saying that it would have grave consequences on the economy. Talking to a private TV cha
Published 18 Aug, 2014 12:00am
Altaf appeals Qadri, Imran to withdraw ultimatums

Altaf appeals Qadri, Imran to withdraw ultimatums

The leader of Muttahida Qaumi Movement (MQM) Altaf Hussain has appealed to Pakistan Awami Tehreek (PAT) and Pakistan Tehreek-i-Insaf (PTI) chiefs to withdraw their ultimatums and refrain from any move that could lead to bloodshed. In a statement issued he
Published 18 Aug, 2014 12:00am
Altaf appeals Qadri, Imran to withdraw ultimatums

Altaf appeals Qadri, Imran to withdraw ultimatums

The leader of Muttahida Qaumi Movement (MQM) Altaf Hussain has appealed to Pakistan Awami Tehreek (PAT) and Pakistan Tehreek-i-Insaf (PTI) chiefs to withdraw their ultimatums and refrain from any move that could lead to bloodshed. In a statement issued he
Published 18 Aug, 2014 12:00am
Futures spread down by 455 basis points

Futures spread down by 455 basis points

The futures spread decreased by 455 basis points during the outgoing week ended on August 15, 2014 to 6.65 per cent. Trading activities on the futures counter increased during the week as average daily volumes surged by 70.7 per cent to 17.79 million shar
Published 18 Aug, 2014 12:00am
Futures spread down by 455 basis points

Futures spread down by 455 basis points

The futures spread decreased by 455 basis points during the outgoing week ended on August 15, 2014 to 6.65 per cent. Trading activities on the futures counter increased during the week as average daily volumes surged by 70.7 per cent to 17.79 million shar
Published 18 Aug, 2014 12:00am
Futures spread down by 455 basis points

Futures spread down by 455 basis points

The futures spread decreased by 455 basis points during the outgoing week ended on August 15, 2014 to 6.65 per cent. Trading activities on the futures counter increased during the week as average daily volumes surged by 70.7 per cent to 17.79 million shar
Published 18 Aug, 2014 12:00am
Futures spread down by 455 basis points

Futures spread down by 455 basis points

The futures spread decreased by 455 basis points during the outgoing week ended on August 15, 2014 to 6.65 per cent. Trading activities on the futures counter increased during the week as average daily volumes surged by 70.7 per cent to 17.79 million shar
Published 18 Aug, 2014 12:00am
Equities remain shaky

Equities remain shaky

Karachi stock exchange during the last week closed on a bearish note as political uncertainty weighed heavily on the minds of investors. The benchmark KSE-100 index lost 463 points to close at 28,918 points during the last week ended on August 15, 2014 co
Published 18 Aug, 2014 12:00am
Equities remain shaky

Equities remain shaky

Karachi stock exchange during the last week closed on a bearish note as political uncertainty weighed heavily on the minds of investors. The benchmark KSE-100 index lost 463 points to close at 28,918 points during the last week ended on August 15, 2014 co
Published 18 Aug, 2014 12:00am
Equities remain shaky

Equities remain shaky

Karachi stock exchange during the last week closed on a bearish note as political uncertainty weighed heavily on the minds of investors. The benchmark KSE-100 index lost 463 points to close at 28,918 points during the last week ended on August 15, 2014 co
Published 18 Aug, 2014 12:00am
Special Economic Zones Act: Amendments likely to attract investors

Special Economic Zones Act: Amendments likely to attract investors

Government is likely to amend Special Economic Zones (SEZs) Act to encourage foreign and domestic investors who intends to establish and promote industrial infrastructure to close doors for potential abuse by the unscrupulous businessmen, sources close to
Published 18 Aug, 2014 12:00am
Special Economic Zones Act: Amendments likely to attract investors

Special Economic Zones Act: Amendments likely to attract investors

Government is likely to amend Special Economic Zones (SEZs) Act to encourage foreign and domestic investors who intends to establish and promote industrial infrastructure to close doors for potential abuse by the unscrupulous businessmen, sources close to
Published 18 Aug, 2014 12:00am
Special Economic Zones Act: Amendments likely to attract investors

Special Economic Zones Act: Amendments likely to attract investors

Government is likely to amend Special Economic Zones (SEZs) Act to encourage foreign and domestic investors who intends to establish and promote industrial infrastructure to close doors for potential abuse by the unscrupulous businessmen, sources close to
Published 18 Aug, 2014 12:00am
THE RUPEE: dollar hits Rs 100 mark

THE RUPEE: dollar hits Rs 100 mark

The rupee crossed the barrier of Rs 100 against the dollar in the local currency market during the week, ended on 16 Aug, 2014. In the inter bank market, the rupee lost 60 paisa versus the dollar for buying at Rs 99.95 and the local currency shed 58 paisa
Published 18 Aug, 2014 12:00am
THE RUPEE: dollar hits Rs 100 mark

THE RUPEE: dollar hits Rs 100 mark

The rupee crossed the barrier of Rs 100 against the dollar in the local currency market during the week, ended on 16 Aug, 2014. In the inter bank market, the rupee lost 60 paisa versus the dollar for buying at Rs 99.95 and the local currency shed 58 paisa
Published 18 Aug, 2014 12:00am
PTI protest unlikely to be game-changer

PTI protest unlikely to be game-changer

Imran Khan rode a wave of discontent to finally break through as a serious player in politics at last year's election. Now he is aiming even higher, leading thousands on a march to the capital in a bid to unseat the prime minister. But in taking his campa
Published 18 Aug, 2014 12:00am
PTI protest unlikely to be game-changer

PTI protest unlikely to be game-changer

Imran Khan rode a wave of discontent to finally break through as a serious player in politics at last year's election. Now he is aiming even higher, leading thousands on a march to the capital in a bid to unseat the prime minister. But in taking his campa
Published 18 Aug, 2014 12:00am
Government to form two bodies to deal with PTI, PAT

Government to form two bodies to deal with PTI, PAT

Interior Minister Chaudhry Nisar Ali Khan on Sunday said that government has decided to constitute two separate committees to hold talks with leadership of Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT) to defuse the ongoing political fre
Published 18 Aug, 2014 12:00am
Government to form two bodies to deal with PTI, PAT

Government to form two bodies to deal with PTI, PAT

Interior Minister Chaudhry Nisar Ali Khan on Sunday said that government has decided to constitute two separate committees to hold talks with leadership of Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT) to defuse the ongoing political fre
Published 18 Aug, 2014 12:00am
'Civil disobedience'

'Civil disobedience'

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Sunday announced to launch a 'Civil Disobedience Movement' against the incumbent government if Prime Minister Nawaz Sharif did not quit 'within 48-hours.
Published 18 Aug, 2014 12:00am
'Civil disobedience'

'Civil disobedience'

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Sunday announced to launch a 'Civil Disobedience Movement' against the incumbent government if Prime Minister Nawaz Sharif did not quit 'within 48-hours.
Published 18 Aug, 2014 12:00am
The Weather

The Weather

The weather report on Sunday (August 17, 2014) and the forecast for Monday (August 18, 2014).

Published 18 Aug, 2014 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (August 11 to 15 2014).

Published 18 Aug, 2014 12:00am
Sit-in participants: PIMS 18 ambulances to remain available

Sit-in participants: PIMS 18 ambulances to remain available

Pakistan Institute of Medical Sciences (PIMS) have put 18 highly equipped ambulances on high alert to provide immediate medical assistance to sit-in participants of PTI and Pakistan Awami Tehreek (PAT). PIMS spokesman Dr Wasim Khawaja on Sunday said that
Published 18 Aug, 2014 12:00am
Cop among three killed in Karachi

Cop among three killed in Karachi

A policeman among the three people who were killed in separate incidents of violence while the Bomb Disposal Squad (BDS) has claimed to have foiled a terror bid in Karachi on Sunday. A Head Constable was shot dead by unknown people near Sunday Bazaar in B
Published 18 Aug, 2014 12:00am
Audit notices to registered taxpayers: FBR's move termed illegal

Audit notices to registered taxpayers: FBR's move termed illegal

Some registered taxpayers in Lahore have received audit notices by the concerned field formations of Federal Board of Revenue (FBR) in violations of the provisions of Sales Tax Act, 1990 and without observing lawful process of audit and arbitrary tax dema
Published 18 Aug, 2014 12:00am
Brief recordings

Brief recordings

Dr Nadeem Javaid has recently been appointed as Chief Economist at Planning Commission of Pakistan. He has over fifteen years of experience in higher education and financial industry, where his last assignment was as an Assistant Professor of Business Eco
Published 18 Aug, 2014 12:00am
Brief recordings

Brief recordings

Dr Nadeem Javaid has recently been appointed as Chief Economist at Planning Commission of Pakistan. He has over fifteen years of experience in higher education and financial industry, where his last assignment was as an Assistant Professor of Business Eco
Published 18 Aug, 2014 12:00am
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