News Archives for Print - 2015-02-28

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (February 27, 2015).

Published 28 Feb, 2015 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (February 27, 2015).

Published 28 Feb, 2015 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (February 27, 2015).

Published 28 Feb, 2015 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Friday (February 27, 2015).

Published 28 Feb, 2015 12:00am

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (February 27, 2015).

Published 28 Feb, 2015 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Friday (February 27, 2015).

Published 28 Feb, 2015 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (February 27, 2015).

Published 28 Feb, 2015 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (February 27, 2015).

Published 28 Feb, 2015 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (February 27, 2015).

Published 28 Feb, 2015 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (February 27, 2015).

Published 28 Feb, 2015 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (February 27, 2015).

Published 28 Feb, 2015 12:00am

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi

Published 28 Feb, 2015 12:00am

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 28 Feb, 2015 12:00am

New York cotton

The fluctuations observed during the day:

Published 28 Feb, 2015 12:00am

New York cotton

The fluctuations observed during the day:

Published 28 Feb, 2015 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 28 Feb, 2015 12:00am

Patricia Arquette wins first Oscar for acting family

Patricia Arquette won the best supporting actress Oscar on Sunday, earning the first Academy Award for a family of actors spanning three generations. Crowing a three-decade career, the 46-year-old blonde with the icy blue eyes took one of Hollywood's top

Published 28 Feb, 2015 12:00am

BRIDGE NOTES: The Sword of Damocles

Defence in Bridge is easy if you have a certain line marked to defeat the contract. But when the contract is shrouded in different alternates of key card holdings, defence because a real task to unravel the visible but illusory card placements. Most of th

Published 28 Feb, 2015 12:00am

Mexico's Inarritu: From radio DJ to Oscar winner

Years after playing 1980s rock music as a popular radio DJ in Mexico, film-maker Alejandro Gonzalez Inarritu was back behind a microphone on Sunday: To accept the Oscar for best director. Inarritu - the creative force behind dark comedy "Birdman - became

Published 28 Feb, 2015 12:00am

Kristen Stewart makes history wins big at France's Cesars

Kristen Stewart last Friday became the first American actress to win a Cesar, France's equivalent of the Oscars, while "Timbuktu" won seven awards including best film for its portrayal of northern Mali under jihadist control. "Twilight" star Stewart recei

Published 28 Feb, 2015 12:00am

Julianne Moore: late-bloomer finally wins Oscar

Julianne Moore, who won the best actress Oscar on Sunday, was a late-bloomer who turned 30 before she hit the big screen - but has more than made up for it ever since. The 54-year-old redhead, who stars as a linguistics professor with early-onset Alzheime

Published 28 Feb, 2015 12:00am

A bionic hand in many ways as good as a graft

European surgeons and engineers have devised a mind-controlled bionic hand that restores function almost as well as a flesh-and-blood transplant, but without the risk of rejection, a research paper said Wednesday. The three Austrian beneficiaries of the u

Published 28 Feb, 2015 12:00am

Pakistani TV soap operas a hit with Indian viewers

Each night at 8 pm, Deepti Sharma switches on her television in the northern Indian town of Mathura and opens a window onto Pakistan, regarded as an enemy after three wars between the two neighbours. Sharma, 55, is a recent fan of Zindagi (Life), a Hindi

Published 28 Feb, 2015 12:00am

LLF transforms Lahore into an intellectual hub

International New York Times correspondent and renowned journalist Roger Cohen who recently visited Lahore wrote in INT of February 24 under the title "Pakistan in its labyrinth". There is a wealth of talent and energy in Pakistan. A Taliban suicide bombe

Published 28 Feb, 2015 12:00am

Cyber thugs taking data hostage

Marriage therapist Valerie Goss turned on her computer one day and found that all of her data was being held hostage. Malicious code referred to as "ransomware" had encrypted her files and locked them away. Cyber criminals demanded $500 in hard-to-trace v

Published 28 Feb, 2015 12:00am

London show dissects history of forensic science

Forensic science, which has fascinated generations with its unravelling of gruesome crime mysteries, is being put under the microscope in an exhibition of real criminal investigations in London. "Forensics: The anatomy of crime" at the Wellcome Collection

Published 28 Feb, 2015 12:00am

ART FACTS: Art for peace and harmony

Using art to create peace and harmony is like an antidote to the ailment of terrorism. Art acts as a positive pole to repel and nullify the negative one. Art is a hope to a better society. While receiving an invitation to a group show of inmates of the Ka

Published 28 Feb, 2015 12:00am

History - A fact or fiction

Since Childhood, I have been fascinated by the marvels of history. During my school years, while visiting my father's office, during summer holidays, before going to attend his long meetings, he would give me topics to write upon. Amongst them, I recall b

Published 28 Feb, 2015 12:00am

KARACHI CHRONICLE: Justice Rana Bhagwandas (1942-2015)

Justice Rana Bhagwandas died in Karachi at a local hospital after a long illness on Monday 23 February 2015, at the age of 72. This is not an obituary of a single great man, but of the passing away of tolerance, the single human quality which once defined

Published 28 Feb, 2015 12:00am

History of PTV: Some facts

It has become common for writers to destroy history by projecting their own views. It is disturbing to read an article or any writing which is based on hearsay and inaccurate information, reflecting the prejudice views of the writer.

Published 28 Feb, 2015 12:00am

Daily trading report of PMEX

On Thursday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.611 billion as compared to value of PKR 2.326 billion posted a day earlier. The number of lots traded was 17,718 and PMEX Commodity Index closed at 2,557. Major business was contrib

Published 28 Feb, 2015 12:00am

No business on grain market

According to a press release of the Wholesale Grain Merchant Group, no change was witnessed on the local grain market on Friday.

Published 28 Feb, 2015 12:00am

Russia's domestic wheat prices rise on weak rouble

Russia's domestic wheat prices rose for the third week in a row due to a weak rouble and despite stalled demand from exporters, SovEcon agriculture consultancy said on Tuesday. Domestic wheat prices in Russia, a large wheat exporter to North Africa and th

Published 28 Feb, 2015 12:00am

US FOB Gulf soyabean premiums lower

Soyabean export premiums at the US Gulf Coast were mostly steady to lower on Thursday on seasonally slowing demand for US supplies as importers are increasingly turning to less expensive South American soya, traders said. Spot CIF soyabean basis bids retr

Published 28 Feb, 2015 12:00am

US natural gas falls over 5 percent

US natural gas futures fell more than 5 percent on Thursday on a much weaker-than-expected storage draw and forecasts for less cold over the next two weeks.

Published 28 Feb, 2015 12:00am

CBOT wheat futures end higher

Chicago Board of Trade wheat futures closed higher Thursday on bargain buying after the spot contract fell to its lowest since October, traders said. Export data lent support. USDA reported weekly export sales of US wheat at 328,300 tonnes for 2014/15 and

Published 28 Feb, 2015 12:00am

EU wheat market stalled by competing futures contracts

The upcoming launch of two European wheat futures contracts has stalled forward selling of the region's upcoming 2015 crop, with operators left guessing which of the new products will take off. Euronext will kick off a new, premium wheat contract on March

Published 28 Feb, 2015 12:00am

Activity at Karachi & Qasim ports

The Karachi Port handled 128,187 tonnes of cargo comprising 98,073 tonnes of import cargo and 30,114 tonnes of export cargo including 8,720 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 98,0

Published 28 Feb, 2015 12:00am

Cotton market: trade activity falls as ginners raise asking prices

Most of the leading buyers were on the sidelines as ginners started raising asking prices due to diminishing stock of fine type with the ginners, dealers said on Friday. The official spot rate was unchanged at Rs 4,950, dealers said. In the ready session,

Published 28 Feb, 2015 12:00am

Canadian canola futures mixed

ICE Canadian canola futures ended mixed on Thursday, with ample cash supplies weakening the nearby contract. Concerns about a truckers' strike in Brazil pushed up soybean prices, and the support spilled over to canola's deferred months. March canola dropp

Published 28 Feb, 2015 12:00am

Brazil reduces payroll tax breaks to cut swelling budget gap

The Brazilian government is reducing some of the payroll tax breaks it awarded companies in the past four years, the government's Official Gazette said on Friday, in a move aimed at reversing the country's widening budget gap. President Dilma Rousseff iss

Published 28 Feb, 2015 12:00am

Bank of Ireland posts first annual profit since 2008

Bank of Ireland posted a strong return to profitability in 2014 as the economy improved in its key Irish and UK markets, the lender said Friday. Net profit hit 786 million euros ($882 million) last year, compared with a loss after tax of 486 million euros

Published 28 Feb, 2015 12:00am

Bank of Ireland posts first annual profit since 2008

Bank of Ireland posted a strong return to profitability in 2014 as the economy improved in its key Irish and UK markets, the lender said Friday. Net profit hit 786 million euros ($882 million) last year, compared with a loss after tax of 486 million euros

Published 28 Feb, 2015 12:00am

Egypt could raise up to $2 billion in Eurobond issue

Egypt could raise as much as $2 billion through a Eurobond this year and expects economic growth of close to 7 percent in three years' time, Finance Minister Hany Kadry Dimian said on Friday. The Arab world's most populous country is in the process of reb

Published 28 Feb, 2015 12:00am

Egypt could raise up to $2 billion in Eurobond issue

Egypt could raise as much as $2 billion through a Eurobond this year and expects economic growth of close to 7 percent in three years' time, Finance Minister Hany Kadry Dimian said on Friday. The Arab world's most populous country is in the process of reb

Published 28 Feb, 2015 12:00am

Cyprus tourism income drops first time in five years

Recession-hit Cyprus recorded a 2.8 percent drop in tourism revenue last year in the first decline since 2009, official data showed on Friday. Income fell to 2.02 billion euros ($2.26 billion) from 2.08 billion euros in 2013. That came despite a 1.5 perce

Published 28 Feb, 2015 12:00am

Sri Lanka inflation hits 11-year low

Sri Lanka's inflation hit an 11-year low in February on the back of drastic price reductions ordered by the new government, official figures showed Friday. The Colombo Consumer Price Index, the main measure of inflation in the island, increased by 0.6 per

Published 28 Feb, 2015 12:00am

Japan output jumps but consumers unconvinced by BoJ stimulus

Japanese households cut spending more than expected and retail sales fell for the first time in seven months in January, data showed on Friday, a sign the central bank's radical stimulus has yet to convince consumers that inflation will take hold. In cont

Published 28 Feb, 2015 12:00am

Japan output jumps but consumers unconvinced by BoJ stimulus

Japanese households cut spending more than expected and retail sales fell for the first time in seven months in January, data showed on Friday, a sign the central bank's radical stimulus has yet to convince consumers that inflation will take hold. In cont

Published 28 Feb, 2015 12:00am

US economy slowed in Q4, but growth outlook still favourable

US economic growth braked more sharply than initially thought in the fourth quarter as businesses slowed their pace of stock accumulation and the trade deficit widened, but the underlying fundamentals remained solid. Gross domestic product expanded at a 2

Published 28 Feb, 2015 12:00am

India in 'sweet spot' of lower deficits, more growth

India can increase investment to drive economic growth without borrowing more, a key government report said on Friday, in an indication that Finance Minister Arun Jaitley will stick to debt targets in his maiden full-year budget on Saturday. The Economic

Published 28 Feb, 2015 12:00am

Lloyds Banking Group returns to profit

Lloyds Banking Group has posted its first annual profit since a 2008 bailout by the British government, edging it closer to a return to full private ownership, results showed Friday. LBG recorded a profit after tax of £1.125 billion ($1.74 billion, 1.55 b

Published 28 Feb, 2015 12:00am

Lloyds Banking Group returns to profit

Lloyds Banking Group has posted its first annual profit since a 2008 bailout by the British government, edging it closer to a return to full private ownership, results showed Friday. LBG recorded a profit after tax of £1.125 billion ($1.74 billion, 1.55 b

Published 28 Feb, 2015 12:00am

Airbus profits take off in 2014, no turbulence seen in 2015

Airbus Group said Friday its net profit soared 59 percent in 2014 thanks to record deliveries of passenger jets and that it expects revenue and operating profits to climb further this year. The company, best known for its passenger jets, chalked up a net

Published 28 Feb, 2015 12:00am

Airbus profits take off in 2014, no turbulence seen in 2015

Airbus Group said Friday its net profit soared 59 percent in 2014 thanks to record deliveries of passenger jets and that it expects revenue and operating profits to climb further this year. The company, best known for its passenger jets, chalked up a net

Published 28 Feb, 2015 12:00am

EU sets France tough deficit targets

The EU set France tough new targets on Friday to get its budget deficit back within Brussels rules, keeping up the pressure after giving Paris two more years until 2017 to toe the line. The benchmarks were announced by the European Commission just two day

Published 28 Feb, 2015 12:00am

Brazil unemployment hits highest in over a year in January

Brazil's jobless rate rose from an all-time low to the highest in more than one year in January, flagging the recessionary risks of a government austerity drive which has raised taxes and reined in spending. Brazil's non-seasonally adjusted jobless rate r

Published 28 Feb, 2015 12:00am

Mongolia pardons three jailed foreign businessmen

Mongolia's president on Thursday pardoned one US and two Filipino former mining executives jailed for tax evasion in a case that had damaged the resource-rich nation's reputation among overseas investors. The decree pardoning the trio was announced in a s

Published 28 Feb, 2015 12:00am

Ghana President promises bold action on electricity crisis

Ghana's President John Dramani Mahama on Thursday promised decisive action to fix the country's worsening electricity crisis, which has wreaked havoc in the once bourgeoning economy. "The effects and frustrations posed by the power deficit are clearly fel

Published 28 Feb, 2015 12:00am

Coca-Cola bottler in Mexico eyes oil business

Mexico's FEMSA, the biggest Coca-Cola bottler in the world, wants to seize on the country's opening of the energy sector by purchasing fuel service station franchises. The soft drink firm announced Thursday that it plans to buy 227 franchises from state e

Published 28 Feb, 2015 12:00am

More US regulators probe Citi, Banamex on laundering

Citigroup and its Banamex subsidiary have been questioned by additional US regulators over compliance with bank secrecy and anti-money laundering rules, Citi disclosed in a securities filing. Citigroup and the US unit of its Mexican banking subsidiary Ban

Published 28 Feb, 2015 12:00am

EU invites Russia, Ukraine to fresh gas talks

The EU said it has invited the Russian and Ukrainian energy ministers to Brussels on Monday for talks on resolving a bitter gas supply dispute which threatens deliveries to Europe. Russia's state-owned gas giant Gazprom threatened on Tuesday to cut off de

Published 28 Feb, 2015 12:00am

South East Asian markets mostly lower

Southeast Asian markets closed lower on Friday with Thai stocks easing to a near one-month low on continued foreign fund outflow while others declined as investors waited for more macroeconomic cues. The Thai SET index was dragged down 0.4 percent to its

Published 28 Feb, 2015 12:00am

Tokyo shares at 15-year high

Tokyo stocks surged to a fresh 15-year high Friday with buying from Japan's massive public pension fund lifting the market, while loose monetary policy globally continues to buoy investor spirits. Receding fears over the Greek financial crisis and expecta

Published 28 Feb, 2015 12:00am

Friday's early trade: stocks little changed

US stocks were little changed on Friday, as a mixed batch of economic data provided investors with little incentive to push equities to new records. Data continues to point to a slowly improving US economy. US growth slowed more sharply than initially tho

Published 28 Feb, 2015 12:00am

Nasdaq resumes climb; S&P, Dow fall with energy

The Nasdaq resumed its recent advance on Thursday after deal news in the technology sector, while the Dow and S&P 500 dipped as energy shares sank with oil prices. The day's move put the Nasdaq within just 12 points of the 5,000 mark, which it last hit in

Published 28 Feb, 2015 12:00am

Sri Lankan shares tad weaker

Sri Lankan stocks closed a tad weaker on Friday on forced selling due to month-end settlements, while foreign investors exited risky assets amid political uncertainty ahead of parliamentary elections. Foreign investors, who have bought 1.51 billion rupees

Published 28 Feb, 2015 12:00am

Bond prices dip

US Treasuries prices fell on Thursday after an increase in core US consumer prices in January pointed to marginally less dovish Federal Reserve policy and as an auction of seven-year notes met with soft demand. Core CPI, which strips out food and energy c

Published 28 Feb, 2015 12:00am

Bond prices dip

US Treasuries prices fell on Thursday after an increase in core US consumer prices in January pointed to marginally less dovish Federal Reserve policy and as an auction of seven-year notes met with soft demand. Core CPI, which strips out food and energy c

Published 28 Feb, 2015 12:00am

China stocks end a solid February with small rises

China stocks closed up on Friday, ending the month up more than 3 percent as investors increased bets on coming monetary easing. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.2 percent on Friday, to 3,572.84, gaining 1.4

Published 28 Feb, 2015 12:00am

Indian shares rise nearly two percent

Indian shares rose nearly 2 percent on Friday, their best single-day advance in six weeks, as bluechips rallied on hopes the government would deliver a budget that increases public investment but sticks broadly to its fiscal deficit targets. The governmen

Published 28 Feb, 2015 12:00am

Better earnings boost European shares

European shares rose on Friday, building on their best start to the year since regional benchmarks began in late 1986, to close at seven-year highs, supported by encouraging earnings reports. Shares in Airbus were up 7.2 percent after it posted a rise in

Published 28 Feb, 2015 12:00am

Hong Kong shares down

Hong Kong shares finished down on Friday as investors awaited clearer signals on the direction of China's monetary policy and industrial growth, ending a week on a flat note. Mainland news reports that 23 banks in Zhejiang would be allowed to cut their re

Published 28 Feb, 2015 12:00am

Australian shares reverse losses

Australian shares reversed early losses to rise 0.3 percent on Friday led by a late rally in banks and telecommunications shares, overshadowing weakness in the consumer staples sector after Woolworths shares slumped. Woolworths shares fell 9.5 percent, th

Published 28 Feb, 2015 12:00am

FTSE touches record highs as IAG, Standard Chartered rise

Britain's top equity index touched a record high on Friday, helped by gains in Asian-focused bank Standard Chartered and International Consolidated Airlines Group. The bluechip FTSE 100 index at one stage rose as much as 0.3 percent to a record intraday h

Published 28 Feb, 2015 12:00am

Yuan falls to over two-year low

China's yuan fell to its lowest level against the dollar in more than two years on Friday, raising questions about whether the world's second-largest economy will devalue its currency to avert a sharper economic slowdown. Central banks around the world ar

Published 28 Feb, 2015 12:00am

Dollar pauses in Asia

The dollar took a breather after surging to a one-month high against a basket of currencies the previous day as US economic data and comments from Federal Reserve officials prompted investors to raise their bets on a rate increase. The dollar index eased

Published 28 Feb, 2015 12:00am

Dollar index falls in European trade

The dollar index fell on Friday amid month-end selling but was still on track for a record eighth month of gains on better data and comments from Federal Reserve officials that bolstered bets for a rate rise later this year. The Swedish crown rose to a on

Published 28 Feb, 2015 12:00am

Early trade in New York: Dollar pares losses

The dollar trimmed earlier losses against the euro and yen early Friday as the downgrade on fourth-quarter US growth was not as steep as economists had forecast, supporting the view the world's biggest economy will grow at a moderate pace. Gross domestic

Published 28 Feb, 2015 12:00am

Dollar index reaches one-month high in New York

The dollar rose to a one-month high against a basket of currencies on Thursday as data on US inflation and business orders revived confidence in the world's biggest economy and supported bets the Federal Reserve will raise interest rates in the middle of

Published 28 Feb, 2015 12:00am

Canadian dollar weakens

The Canadian dollar softened against its US counterpart on Thursday as weaker crude oil prices weighed and investor attention focused on the monetary policy directions of the US and Canadian central banks. A slew of US data including inflation data and st

Published 28 Feb, 2015 12:00am

Asian forex: Rupiah near 17-year low

Indonesia's rupiah hit a near 17-year low on Friday as most emerging Asian currencies weakened down to show monthly losses due to a revival in expectations that the US Federal Reserve will increase interest rates. The rupiah fell as much as 0.8 percent to

Published 28 Feb, 2015 12:00am

Sri Lankan rupee forwards weaken

Sri Lankan rupee forwards ended weaker on Friday due to importer dollar demand amid a rise in bond yields, while the central bank said it would scrap a lower repo penalty rate of 5 percent from March 2. Bond yields went up on the central bank's surprise d

Published 28 Feb, 2015 12:00am

Sterling retreats against dollar

Sterling dipped back below $1.54 on Friday, more than a cent below 8-week highs hit a day earlier, with a growing focus on political risks ahead of May elections helping cool the past month's stronger mood towards Britain. The pound was also 0.3 percent w

Published 28 Feb, 2015 12:00am

Australian and New Zealand dollar down against US counterpart

The Australian and New Zealand dollars were losing ground to their US counterpart on Friday as the latest US economic data seemed to add to the case for an interest rate hike by the Federal Reserve. The Australian dollar was stuck at $0.7792, having skidd

Published 28 Feb, 2015 12:00am

Besiktas stun Liverpool as holders Sevilla progress

Tolgay Arslan was the hero as Besiktas stunned Liverpool to knock them out of the Europa League on penalties on Thursday. The Turks went into the game looking to claw back a 1-0 first leg deficit but Arslan scored the only goal of the game at the Ataturk

Published 28 Feb, 2015 12:00am

Shehzad likely to play against Zimbabwe

Pakistani opener Ahmed Shehzad, who suffered ankle injury during a fielding training session on February 26, is all set to recover from injury in time to take the field against Zimbabwe on March 1. On February 26, 2015 Ahmed Shehzad complained of acute pa

Published 28 Feb, 2015 12:00am

Federer puts Coric in his place in Dubai

Roger Federer on Friday advanced confidently to his ninth final at the Dubai Open, and to the 123rd final of his career, by ending the remarkable five-match streak of Borna Coric, the teenager suddenly being touted as a future champion. The 18-year-old Cr

Published 28 Feb, 2015 12:00am

Blatter says no Christmas World Cup final in 2022

FIFA leader Sepp Blatter said Friday that the 2022 World Cup final would not be held two days before Christmas but also ruled out paying compensation to European clubs for the winter tournament. The governing body's hints that the final of the Qatar tourn

Published 28 Feb, 2015 12:00am

India not taking UAE lightly, says Dhawan

India will approach Saturday's World Cup match against the United Arab Emirates in Perth with the same intensity as they do against established teams, key batsman Shikhar Dhawan said. The Pool B game between the defending champions and the minnows at the

Published 28 Feb, 2015 12:00am

Size of 2019 World Cup still to be decided: ICC

The number of teams taking part in the 2019 World Cup hasn't been finalised, the International Cricket Council told AFP on Friday as it responded to growing criticism that its proposed cut risked damaging the sport's development. Cricket chiefs have come

Published 28 Feb, 2015 12:00am

Clarke 'sick' of injury, sledging talk, expects tough NZ clash

Australian captain Michael Clarke admitted Friday he is sick of discussing his hamstring injury and weary of the relentless spotlight on sledging ahead of the World Cup showdown against New Zealand. Australia go into the Eden Park clash on Saturday, in fr

Published 28 Feb, 2015 12:00am

De Villiers blasts 162 as South Africa demolish West Indies

South Africa captain AB de Villiers hammered the second-fastest century in World Cup history as he led his side to a crushing 257-run victory over the West Indies at the Sydney Cricket Ground on Friday. De Villiers finished on an unbeaten 162 off just 66

Published 28 Feb, 2015 12:00am

De Villiers blasts 162 as South Africa demolish West Indies

South Africa captain AB de Villiers hammered the second-fastest century in World Cup history as he led his side to a crushing 257-run victory over the West Indies at the Sydney Cricket Ground on Friday. De Villiers finished on an unbeaten 162 off just 66

Published 28 Feb, 2015 12:00am

US, Cuba resume normalisation talks

The United States rebuffed a Cuban demand to be taken off the US list of state sponsors of terror Friday as they opened a second round of historic talks to restore long severed diplomatic ties. US Secretary of State John Kerry said the terror designation,

Published 28 Feb, 2015 12:00am

Belgium sending 35 military trainers to Iraq

Belgium is to send around 35 soldiers to Iraq to help train the Iraqi army in the fight against the Islamic State jihadist group, the government said Friday. They will leave on Saturday and be based there for six months in a "secure location", it said in

Published 28 Feb, 2015 12:00am

Italy stops short of recognising Palestine

Italian deputies on Friday approved two resolutions calling on the government to support the goal of a Palestinian state but, in a move welcomed by Israel, stopped short of supporting recognition now. A motion in support of recognising Palestine and anoth

Published 28 Feb, 2015 12:00am

Qatar takes full control of prime Milan development

Qatar's sovereign fund has taken control of one of Italy's prime business areas after buying out other shareholders in a move hailed as heralding a new era of inward investment for the recession-bound country. Property group Hines Italia announced Friday

Published 28 Feb, 2015 12:00am

Palestinians tear-gassed on 10th anniversary of barrier protests

Palestinian, Israeli and foreign activists faced off against Israeli forces Friday in the occupied West Bank village of Bilin where they marked 10 years of protests against Israel's separation barrier. In what has become a weekly ritual, the activists mar

Published 28 Feb, 2015 12:00am

Ukraine at a 'crossroads', still faces threat of war: OSCE

The OSCE's envoy to Ukraine warned Friday that while there were encouraging signs of a cease-fire taking hold in eastern Ukraine, the country still faced the threat of all-out war. Swiss diplomat Heidi Tagliavini told the UN Security Council that fighting

Published 28 Feb, 2015 12:00am

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
Petrol/Litre / Dec 4	252.10
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
Diesel/Litre / Dec 4	258.43

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	7.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▼ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	68.40 ▼ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	150.94 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▼ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	7.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▲ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	68.40 ▲ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	150.94 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▲ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▲ 0.00 (0.00%)

Stock	Volume
Cnergyico PK / Dec 4 Cnergyico PK Limited(CNERGY)	246,707,903 ▲ 0.00
WorldCall Telecom / Dec 4 Worldcall Telecom Limited(WTL)	89,419,070 ▲ 0.00
Hascol Petrol / Dec 4 Hascol Petroleum Limited(HASCOL)	87,024,698 ▲ 0.00
Pak Elektron / Dec 4 Pak Elektron Limited(PAEL)	67,806,935 ▲ 0.00
Sui South Gas / Dec 4 Sui Southern Gas Company Limited(SSGC)	61,811,720 ▲ 0.00
Power Cement / Dec 4 Power Cement Limited(POWER)	58,501,362 ▲ 0.00
K-Electric Ltd. / Dec 4 K-Electric Limited(KEL)	56,938,645 ▲ 0.00
Pak Int.Bulk / Dec 4 Pakistan International Bulk Terminal(PIBTL)	56,115,997 ▲ 0.00
Pak Refinery / Dec 4 Pakistan Refinery Limited(PRL)	55,870,990 ▲ 0.00

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