News Archives for Print - 2015-04-10

Print - 2015-04-10

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 Thursday (April 09, 2015).

Published 10 Apr, 2015 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Thursday (April 09, 2015).

Published 10 Apr, 2015 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (April 09, 2015).

Published 10 Apr, 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 Thursday (April 09, 2015).

Published 10 Apr, 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 Thursday (April 09, 2015).

Published 10 Apr, 2015 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (April 09, 2015).

Published 10 Apr, 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 10 Apr, 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 10 Apr, 2015 12:00am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 10 Apr, 2015 12:00am

PAF plane makes emergency landing

Pakistan Air force (PAF)'s plane Super Mashaq made an emergency landing due to technical fault in Katling area here on Thursday, however, both the pilots remained safe. According to PAF spokesman, the Super Mashaq plane was on training flying when the pil

Published 10 Apr, 2015 12:00am

Budget (2015-16): Unilever Pakistan advocates e-invoicing mechanism

Unilever Pakistan Limited has proposed to the ministry of finance to implement electronic invoicing mechanism in budget (2015-16) and a rebate of five percent given to companies as incentive to issue invoices electronically. According to the budget propos

Published 10 Apr, 2015 12:00am

Brazilian ambassador given farewell

Brazil Embassy hosted a farewell party in honor of Ambassador of Brazil Alfredo Leoni in a local hotel here on Thursday. The ambassador has completed his tenure in Pakistan and is leaving to take his new assignment in Poland during the current week. Ambas

Published 10 Apr, 2015 12:00am

Arrangements for visit of Chinese President reviewed

Finance Minister, Senator Mohammad Ishaq Dar, here on Thursday chaired second meeting of the special committee constituted by the Prime Minister to coordinate arrangements for the Chinese President's visit. Minister for Planning and Development, Ahsan Iqb

Published 10 Apr, 2015 12:00am

KP to hold 'Investment Road Show' in US: Khattak

Khyber Pakhtunkhwa Chief Minister Pervez Khattak has said that peace and development in Afghanistan is very significant for political and economic stability of Khyber Pakhtunkhwa. He said that there was no serious security threat to forthcoming local gove

Published 10 Apr, 2015 12:00am

ANF recovers 4.12 tons of narcotics

The Anti Narcotics Force (ANF) conducted 10 operations at different places including Rawalpindi, Lahore, Quetta and Peshawar, which resulted into recovery of 4.12 tons of narcotics valuing Rs 5742 million in the international market.

Published 10 Apr, 2015 12:00am

Facilitating easy hotel reservations in more than 150 cities of the country: Nadine Malik, Country Manager, Jovago.com

Travellers in Pakistan have traditionally been dependent on travel agents and taxi drivers. When visiting any of the cities and towns of the country, one would either have to pay commission to a travel agent for booking accommodations for the duration of

Published 10 Apr, 2015 12:00am

Facilitating easy hotel reservations in more than 150 cities of the country: Nadine Malik, Country Manager, Jovago.com

Published 10 Apr, 2015 12:00am

The art of politician-bashing

Business Recorder op-ed writer Anjum Ibrahim has argued, inter alia, that "Politics is about never acknowledging serious mistakes and Pakistani politicians have displayed this tendency like their counterparts in the rest of the world.

Published 10 Apr, 2015 12:00am

Partly Facetious: Asif's attack in assembly is also nothing new

"Change is in the air."

Published 10 Apr, 2015 12:00am

Crisis-hit Latin America leaders seek summit breather

A massive corruption scandal at Brazil's state oil company. Protests over the presumed massacre of 43 students in Mexico. An Argentine prosecutor's mysterious death. Economies slowed by falling commodity prices.

Published 10 Apr, 2015 12:00am

Behind picture postcard, life is tough for Petra's animals

On a hot sunny day in Jordan's Petra, two tourists in the back of a horse-drawn carriage gaze over the picturesque lost city.

Published 10 Apr, 2015 12:00am

Tax proposals for Budget 2015 - I

In a highly encouraging move, Federal Board of Revenue (FBR) has decided to consider all such budget proposals that can enhance revenues in the coming fiscal year. We have been in these columns presenting some concrete measures for collection of revenu

Published 10 Apr, 2015 12:00am

Isn't it a failed idea?

The Cabinet Committee on Energy (CCoE) chaired by Prime Minister Nawaz Sharif decided to proactively promote conservation measures through closure of shops and marriage halls by 8pm and restaurants by 11pm in the federal capital. Provincial governments wo

Published 10 Apr, 2015 12:00am

Pakistan's economy: petty prognosis

Said to be "based on the solid progress" on the reform agenda envisaged in the ongoing EFF programme, IMF had disbursed a tranche of $501 million last month but did not say much about the fulfilment of the performance criteria at that time. On 7th April,

Published 10 Apr, 2015 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 10 Apr, 2015 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 10 Apr, 2015 12:00am

ICE cotton falls after USDA raises supply forecasts

Cotton futures fell on Thursday after a monthly US government supply and demand report showed increases in projections for United States and world inventories, outweighing the impact of a generally positive weekly export sales report. The front-month May

Published 10 Apr, 2015 12:00am

Shanghai aluminium and copper drop

Shanghai aluminium dropped on Thursday after the Chinese government announced measures to cut power prices, which traders bet would lower the production costs of local aluminium and depress prices. The most traded June copper contract on the Shanghai Futu

Published 10 Apr, 2015 12:00am

Copper down, aluminium drops on oversupply worries

Aluminium hit a three-week low on Thursday on concerns of oversupply and a cut in Chinese power prices, while lead and zinc hit multi-month highs on further inventory drawdowns. Daily London Metal Exchange (LME) data showed lead stocks fell 725 tonnes to

Published 10 Apr, 2015 12:00am

Oil up on Iran, German data, but strong dollar curbs rise

Oil prices rose on Thursday on strong German economic data and uncertainty about negotiations on Iran's nuclear program, even as a strong dollar curbed oil's bounce a day after futures tumbled 6 percent. Brent crude rallied 4 percent intraday as European

Published 10 Apr, 2015 12:00am

Rubber down

Benchmark Tokyo rubber futures ended down 2.1 percent on Thursday, tracking Shanghai futures lower for a second session amid worries over slowing global rubber demand in China in a slowing economy. Tokyo Commodity Exchange (TOCOM) futures, which set the t

Published 10 Apr, 2015 12:00am

Rotterdam vegetable oil prices

Thursday's Rotterdam vegetable oil prices at 1600 GMT.

Published 10 Apr, 2015 12:00am

Rotterdam vegetable oil prices

Thursday's Rotterdam vegetable oil prices at 1600 GMT.

Published 10 Apr, 2015 12:00am

Corn drops ahead of USDA report

US corn futures fell for the third day in a row on Wednesday as traders staked out positions ahead of a government report that was expected to boost projections for supplies of the grain at the end of the crop year, traders said. Chicago Board of Trade so

Published 10 Apr, 2015 12:00am

Palm oil slides to near 2-1/2-month low

Malaysian palm oil futures fell for a third day on Thursday to a near 2-1/2-month low as estimates of a surge in crude palm oil production in the world's top growers increased fears that supplies would overwhelm lacklustre demand. The Malaysian Palm Oil A

Published 10 Apr, 2015 12:00am

Sugar and cocoa dip

Raw sugar and cocoa futures dipped under pressure from a stronger dollar on Thursday, while arabica coffee defied the session's weak trend and rose on a crop forecast for top grower Brazil that was viewed as bullish. Volume was heavy in all ICE Futures US

Published 10 Apr, 2015 12:00am

Gold down in New York

Gold extended losses on Wednesday, falling below $1,200 an ounce after US Federal Reserve minutes revealed an interest rate hike could take place as early as June, causing the dollar to turn higher. The March meeting concluded with the Fed opening the doo

Published 10 Apr, 2015 12:00am

Gold falls in Asia

Gold retreated for the third session in a row on Thursday after comments from Federal Reserve officials suggested that a rate increase in June remained on the caards despite recent weak data Bullion pulled further away from a seven-week high reached on Mo

Published 10 Apr, 2015 12:00am

Gold retreats in Europe

Gold retreated for a third straight session on Thursday on a stronger dollar after Federal Reserve officials kept alive expectations for an interest rate rise some time this year despite recent weak economic data. New York Fed President William Dudley and

Published 10 Apr, 2015 12:00am

US MIDDAY: soya and grains drop

US grain and soyabean futures fell to their lowest levels in more than a week on Thursday ahead of the release of a US crop report that is expected to confirm world supplies are plentiful. Forecasts for rain in the US Plains added pressure to wheat future

Published 10 Apr, 2015 12:00am

US MIDDAY: gold slips

Gold retreated for a third straight session early on Thursday on a stronger dollar after comments from US Federal Reserve officials kept alive expectations for an interest rate rise some time this year despite recent weak economic data. New York Fed Presi

Published 10 Apr, 2015 12:00am

Daily trading report of PMEX

On Wednesday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 3.072 billion. The number of lots traded was 27,559. PMEX Commodity Index closed at 2,582. Major business was contributed by crude oil amounting to PKR 2.393 billion. This was follow

Published 10 Apr, 2015 12:00am

Gram prices higher on grain market

An upward trend persisted on the wholesale grain market on Thursday in the process of trading, dealers said. On the cereals side, Urad Burma gained Rs 125 to Rs 12000, other commodities maintained overnight levels, they said.

Published 10 Apr, 2015 12:00am

CBOT wheat futures mixed

Wheat futures on the Chicago Board of Trade settled mixed on Wednesday in choppy, technical trade a day ahead of the USDA's monthly supply/demand report, traders said. Pressure from plentiful global wheat stocks and poor export demand for US supplies offs

Published 10 Apr, 2015 12:00am

Canadian canola futures fall

ICE Canadian canola futures slipped on Wednesday for a third straight day, pressured by fund selling. Volume was thin, and canola pared losses in late trading as soybeans inched higher. May canola eased 40 cents at $453.40 per tonne.

Published 10 Apr, 2015 12:00am

Activities at Karachi and Qasim ports

The Karachi Port handled 138,889 tonnes of cargo comprising 96,656 tonnes of import cargo and 42,233 tonnes of export cargo including 5,448 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 96

Published 10 Apr, 2015 12:00am

Prices extend overnight gains on tight supply

Prices extended overnight gains on the cotton market on Thursday in the process of trading, dealers said. As a result, the official spot rate maintained upward trend for the second day, gaining further Rs 50 to Rs 5250, dealers said. In the ready session,

Published 10 Apr, 2015 12:00am

Upward drive continues on cotton market

Despite difficult conditions for the domestic textile industry in Pakistan, lint prices continue to increase since the past several days. With only about 300,000 unsold bales of cotton left over in the open market, the price situation of the local cotton

Published 10 Apr, 2015 12:00am

Upward drive continues on cotton market

Published 10 Apr, 2015 12:00am

Davis shocks Bouchard in Charleston

Canadian Eugenie Bouchard slumped to yet another early exit on Wednesday, beaten in her first match in the WTA Charleston tournament by American Lauren Davis. Davis, ranked 66th in the world, needed just 67 minutes to subdue the world number seven 6-3, 6-

Published 10 Apr, 2015 12:00am

Hoffman leads early at Masters

Unheralded Charley Hoffman earned the early plaudits as the Masters got underway on Thursday, but most eyes were fixed on Rory McIlroy as he marched off in search of golfing history and Bubba Watson battling to defend the title.

Published 10 Apr, 2015 12:00am

SNGPL's annual event concludes

The three-day annual sports 2015 of Sui Northern Gas Pipelines Limited (SNGPL) was concluded here at Wapda Stadium on Thursday. Deputy Managing Director (Operation), Amjad Latif of the Company was the chief guest and distributed the shields and prizes amo

Published 10 Apr, 2015 12:00am

First-ever inter-telecom cricket event begins

Pakistan Telecommunication Company Limited (PTCL) is hosting the first ever inter-telecom cricket tournament - Pakistan Telecom Cricket League 2015 - where teams from leading telecom companies will come face-to-face.

Published 10 Apr, 2015 12:00am

Sarfraz Ahmed vows new start for Pakistan

Pakistan's fast-rising wicketkeeper Sarfraz Ahmed vowed to take the new-look side to the next level after his elevation to the one-day and Twenty20 vice-captaincy. Under new one-day captain Azhar Ali, Pakistan are hoping for a fresh start when they start

Published 10 Apr, 2015 12:00am

Top Turkish handball team's bus attacked with stones

The team bus of Turkey's top men's handball side was attacked Thursday by unknown individuals who threw stones at its windows, days after a shooting attack on a top flight football club, reports said. The Besiktas Mogaz bus was pelted with stones as the p

Published 10 Apr, 2015 12:00am

Final 18 seconds of women's match to be replayed

The final 18 seconds of a women's under-19 European Championship qualifier between England and Norway is to be replayed after UEFA acknowledged the referee had made a mistake.

Published 10 Apr, 2015 12:00am

Wahab Riaz inks deal with Surrey

Pakistani pacer Wahab Riaz, who earned respect from cricket legends such as Brain Lara, Wasim Akram and Sachin Tendulkar in the World Cup 2015, has signed a deal with county side Surrey for its domestic Twenty20 campaign.

Published 10 Apr, 2015 12:00am

Ibrahimovic hat-trick fires PSG into French Cup final

A Zlatan Ibrahimovic hat-trick fired Paris Saint-Germain to a 4-1 French Cup semi-final victory over Saint-Etienne at the Parc des Princes on Wednesday as their epic quest for a four-trophy sweep continued apace. Ibrahimovic's opener from the penalty spot

Published 10 Apr, 2015 12:00am

Ronaldo reaches 300 goals for Real

Cristiano Ronaldo headed his 300th goal for Real Madrid in a laboured 2-0 La Liga victory at neighbours Rayo Vallecano on Wednesday that kept the gap on leaders Barcelona down to four points. Fresh from thrashing Granada 9-1, when Ronaldo hit five, the Eu

Published 10 Apr, 2015 12:00am

Vaughan, Stewart interested in England role

Michael Vaughan and Alec Stewart have both expressed an interest in taking on the newly-created post of director of England cricket. The England and Wales Cricket Board announced the new position on Wednesday as Paul Downton lost his job as their managing

Published 10 Apr, 2015 12:00am

Mahboob Shah leads ACC to train umpires in Afghanistan

Former Pakistan umpire Mahboob Shah left for Afghanistan on Thursday to help train match officials in the hopes that the war-torn nation can one day compete with cricket's top international teams. Shah, who supervised the 1987 World Cup final and whose il

Published 10 Apr, 2015 12:00am

Zimbabwe agree to tour Pakistan for ODI series

Zimbabwe have agreed to tour Pakistan for a five-match one-day series next month, the first Test-playing nation to visit in six years, Pakistan's cricket chief said Thursday.

Published 10 Apr, 2015 12:00am

Bank of Korea keeps rates on hold as expected, cut seen later

South Korea's central bank kept interest rates untouched on Thursday, as forecast, as the bank widely expected to pause before easing again in a follow-up to its March rate cut. The Bank of Korea's monetary policy committee held its base rate steady at 1.

Published 10 Apr, 2015 12:00am

China lets emerging sectors sell bonds more easily

China will quicken and simplify the way in companies in emerging industries can issue bonds, the country's economic planner said on Thursday, its latest attempt to help firms battling an economic slowdown. Firms in emerging sectors such as cloud computing

Published 10 Apr, 2015 12:00am

China lets emerging sectors sell bonds more easily

Published 10 Apr, 2015 12:00am

Mylan offers to buy Perrigo in $28.9 billion pharma deal

Generic drug giant Mylan offered to acquire healthcare supplier Perrigo for $28.9 billion Wednesday in the latest proposed mega-merger in the pharmaceutical sector. Shares of both companies soared after England-based Mylan announced the $205 per share, ca

Published 10 Apr, 2015 12:00am

Canada's new home price index rises

New home prices in Canada rose 0.2 percent in February, recovering from the previous month's decline as prices climbed in the Toronto area, data from Statistics Canada showed on Thursday. Economists had expected the home price index to be unchanged.

Published 10 Apr, 2015 12:00am

Alibaba to help Bigcommerce clients tap China supplier network

Alibaba Group Holding Ltd has forged a deal to allow online shopping startup Bigcommerce's 70,000-plus clients to more easily buy from top-ranked Chinese suppliers and manufacturers on Alibaba.com.

Published 10 Apr, 2015 12:00am

Taiwan exports fall at fastest pace in 2 years in March

Taiwan's exports posted their biggest drop in two years in March as shipments to major markets flagged, a sign that demand for gadgets like smartphones from Apple Inc may be cooling. Electronics exports, which had held up well in recent months as the isla

Published 10 Apr, 2015 12:00am

Mongolia sees new rail link to China as key to coal sales

A $4-billion deal to revive Mongolia's giant Tavan Tolgoi coal mine will include building an extended cross-border rail link, a minister said on Thursday, a move that could stoke fears about the country's growing dependence on its giant neighbour China. M

Published 10 Apr, 2015 12:00am

Mexico annual inflation ticks up

Mexico's annual inflation rate quickened more than expected in March to just above the central bank's 3 percent target, as a deep slump in the peso threatens to fan consumer prices higher. Inflation in the 12 months through March reached 3.14 percent, abo

Published 10 Apr, 2015 12:00am

Singtel buying US cyber security firm Trustwave for $810 million

Singapore Telecommunications , Southeast Asia's largest telecommunications operator by revenue, is buying US-based cyber-security firm Trustwave for $810 million, marking its biggest acquisition outside the main telecoms sector. The deal comes as Singtel

Published 10 Apr, 2015 12:00am

Czech annual inflation picks up in March

Czech annual inflation accelerated in March to a rate of 0.2 percent, higher than central bank's forecasts and staying above zero despite the impact of a global oil price slump. On a monthly basis, consumer prices rose 0.1 percent.

Published 10 Apr, 2015 12:00am

Two hangings stayed in Machh Jail

Hanging of two brothers who were scheduled to be executed early Thursday morning in Central Jail Machh in Bolan district, has been stayed after the two sides struck a deal an hour before the penalty. According to the Machh jail sources, the convicts Ali G

Published 10 Apr, 2015 12:00am

Organ donation Consensus exists over permissibility: Sheerani

Chairman, Islamic Ideology Council of Pakistan, MNA, Maulana Muhammad Khan Sheerani on Wednesday confirmed that consensus, based on majority of opinion, exists about permissibility of "Organ Donation and Transplantation," among religious scholars from dif

Published 10 Apr, 2015 12:00am

DIBPL signs corporate financing agreement with TCS

Dubai Islamic Bank Pakistan Limited (DIBPL) and TCS, industry leader in transportation and logistics have entered into a corporate financing agreement amounting to Rs600 million for short-term working capital, fleet financing and car financing facilities

Published 10 Apr, 2015 12:00am

Schneider Electric powers up RapidCompute Cybernet's I.A.A.S datacenter

Schneider Electric, the global specialists in energy management, on Thursday announced the successful installation of their best in class datacenter solutions with Rapidcompute, Cybernet's I.A.A.S cloud services division in the city.

Published 10 Apr, 2015 12:00am

Soap import: DI&I-IR Karachi detects massive underinvoicing

The Directorate of Intelligence & Investigation-Inland Revenue (DI&I-IR), Karachi has detected massive underinvoicing in the imports of different brands of soaps. According to the sources, the action was taken on a tip-off, received by Director General I&

Published 10 Apr, 2015 12:00am

BMA Capital appoints Tauseef Ansari

BMA Capital Management Limited, Pakistan's premier financial services group, has appointed Tauseef Ansari, Executive Director and Head of Corporate Finance & Advisory team in Pakistan.

Published 10 Apr, 2015 12:00am

BMA Capital appoints Tauseef Ansari

BMA Capital Management Limited, Pakistan's premier financial services group, has appointed Tauseef Ansari, Executive Director and Head of Corporate Finance & Advisory team in Pakistan.

Published 10 Apr, 2015 12:00am

PPP lawmakers welcome formation of Judicial Commission

Pakistan People's Party's (PPP) Members of National Assembly (MNAs) on Thursday welcomed the formation of Judicial Commission to probe into PTI's alleged rigging allegations in the general election 2013. In a joint statement, Mir Ejaz Hussain jakhrani, Mi

Published 10 Apr, 2015 12:00am

Two killed in Nawabshah

At least two people of Jatoi clan were killed and a woman was injured in an overnight firing incident in Nawabshah village of Suleman Zardari. According to police sources, some armed people brazenly opened gunfire in Thursday's small hours and killed two

Published 10 Apr, 2015 12:00am

Sindh Microfinance Bank holds board meeting

The first meeting of the Board of Directors of Sindh Microfinance Bank, a wholly owned subsidiary of Sindh Bank Ltd was held recently. The board elected Naim Farooqui, Chairman and appointed Shoaib Arif, President and Chief Executive Officer of the bank.

Published 10 Apr, 2015 12:00am

WCCI to be established at district level: SM Muneer

Chief Executive Officer (CEO) Trade Development Authority of Pakistan (TDAP), S M has Muneer said that the Women Chamber of Commerce and Industry (WCCI) would be established at district level to facilitate female entrepreneurs. He said this while speaking

Published 10 Apr, 2015 12:00am

SU employees given possession of plots

The Sindh University syndicate has approved the handing over of the physical possession of the plots allotted to the employees of the varsity at Muhtarma Benazir Bhutto Staff Housing Scheme. It also sanctioned to allot the plots to the employees of all th

Published 10 Apr, 2015 12:00am

Ukraine outlaws Communist names in fresh break with Soviet past

Ukraine on Thursday outlawed Communist names, symbols and even songs in a fresh break with the country's Soviet past as its soldiers fight pro-Russian separatists in the east. The legislation, which also targets Nazi propaganda was adopted by 254 votes in

Published 10 Apr, 2015 12:00am

Russia opens first museum for Brodsky

Russia has opened it first museum to dissident poet Joseph Brodsky in the remote house where he lived after being sent into internal exile by the Soviet authorities. The museum - in the abandoned former farming village of Norinskaya, around 600 kilometres

Published 10 Apr, 2015 12:00am

India bans Greenpeace from receiving foreign funds

India on Thursday suspended Greenpeace India's foreign funding licence, the latest move against the environmental watchdog after the government accused it of hurting the country's economic interests. India's home ministry issued a notice saying the ban wa

Published 10 Apr, 2015 12:00am

Palestinians back joint Yarmuk operation with Syria army: PLO

A group of 14 Palestinian factions said Thursday they backed a joint military operation with the Syrian government to expel Islamic State group jihadists from the Yarmuk camp in southern Damascus. After a meeting of the factions in the Syrian capital, Pal

Published 10 Apr, 2015 12:00am

Sri Lanka to drop plans stripping president's executive powers

Sri Lanka said Thursday it was dropping promised plans to strip the president of some of his executive powers after the Supreme Court ruled that the move required a referendum. Prime Minister Ranil Wickremesinghe said he was withdrawing sections of a bill

Published 10 Apr, 2015 12:00am

Palestinian police deploy near Jerusalem for first time

Palestinian police have for the first time been deployed in three areas of the West Bank near annexed east Jerusalem, Palestinian and Israeli sources said on Thursday. "For the first time, members of the Palestinian police wearing uniform and carrying wea

Published 10 Apr, 2015 12:00am

'World first' for extreme premature baby dialysis in Poland

An extremely premature Polish infant weighing just 820 grammes (1.8 pounds) has become the world's smallest and youngest patient to escape death thanks to an artificial kidney, according to the doctor who oversaw the treatment.

Published 10 Apr, 2015 12:00am

Third of Yemen fighters are children: UNICEF

Children make up a third of fighters in the armed groups in conflict-wracked Yemen, a UN official said Thursday, also warning that malnutrition levels in the country were set to explode. "We are seeing children in battle, at check-points and unfortunately

Published 10 Apr, 2015 12:00am

Mali asks UN to help seal peace deal

Mali's foreign minister asked the UN Security Council on Thursday to ratchet up pressure on a holdout rebel group standing in the way of a landmark peace deal. Abdoulaye Diop urged the 15-member council to endorse the Algerian-brokered draft peace accord

Published 10 Apr, 2015 12:00am

Algeria army kills four armed Islamists

Algerian troops killed four armed Islamists and recovered weapons and ammunition during an operation not far from the capital on Thursday, the defence ministry said. The four were shot in Oued Ouakser, some 40 kilometres (25 miles) west of Algiers, a stat

Published 10 Apr, 2015 12:00am

EU says Sudan polls cannot produce 'credible' result

The EU said Thursday that next week's Sudan elections, widely expected to see President Omar al-Bashir extend his 25-year rule, cannot produce a "credible" result. Bashir faces 15 little-known challengers while the main opposition parties are boycotting t

Published 10 Apr, 2015 12:00am

Workers strike at Chilean airline LAN

Workers went on strike Thursday at Chilean airline LAN, demanding a 15-percent raise and vowing to disrupt flights. LAN, a subsidiary of Brazil-based LATAM Airlines, showed long delays for certain flights on its website, but said they were caused by bad w

Published 10 Apr, 2015 12:00am

LinkedIn buys education site lynda.com for $1.5 billion

The career social network LinkedIn said Thursday it was buying the online learning site lynda.com in a cash-stock deal valued at $1.5 billion. The deal ties the 300-million member social network with an educational group which offers language training and

Published 10 Apr, 2015 12:00am

Iran seeks to mend fences with Chinese oil firms to get projects going

Iran hopes to resolve differences with Chinese energy companies on oil and gas projects in the Islamic republic, as Tehran wants to be ready to raise output quickly after a potential lifting of sanctions this year, Iranian oil officials said on Wednesday.

Published 10 Apr, 2015 12:00am

Malta ends power cuts with Europe cable link

Malta prepared Thursday to say goodbye to power cuts thanks to an underwater cable linking it to mainland Europe, which will serve as back up if the country's power stations overload. The European Union's smallest island member state has depended until no

Published 10 Apr, 2015 12:00am

Previous Day

Forex
World
Commodity

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

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

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

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	7.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▼ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	68.40 ▼ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	150.94 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▼ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	7.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▲ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	68.40 ▲ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	150.94 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▲ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▲ 0.00 (0.00%)

Stock	Volume
Cnergyico PK / Dec 5 Cnergyico PK Limited(CNERGY)	246,707,903 ▲ 0.00
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	89,419,070 ▲ 0.00
Hascol Petrol / Dec 5 Hascol Petroleum Limited(HASCOL)	87,024,698 ▲ 0.00
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	67,806,935 ▲ 0.00
Sui South Gas / Dec 5 Sui Southern Gas Company Limited(SSGC)	61,811,720 ▲ 0.00
Power Cement / Dec 5 Power Cement Limited(POWER)	58,501,362 ▲ 0.00
K-Electric Ltd. / Dec 5 K-Electric Limited(KEL)	56,938,645 ▲ 0.00
Pak Int.Bulk / Dec 5 Pakistan International Bulk Terminal(PIBTL)	56,115,997 ▲ 0.00
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	55,870,990 ▲ 0.00

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