News Archives for Print - 2015-06-27

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (June 26, 2015).

Published 27 Jun, 2015 12:00am

27 dead in Tunisia tourist resort attack

At least 27 people, including foreigners, were killed Friday in a mass shooting at a Tunisian beach resort packed with holidaymakers, in the North African country's worst attack in recent history. The carnage came on a day of bloodshed with a suicide bomb

Published 27 Jun, 2015 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (June 26, 2015).

Published 27 Jun, 2015 12:00am

27 dead in Tunisia tourist resort attack

At least 27 people, including foreigners, were killed Friday in a mass shooting at a Tunisian beach resort packed with holidaymakers, in the North African country's worst attack in recent history. The carnage came on a day of bloodshed with a suicide bomb

Published 27 Jun, 2015 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Friday (June 26, 2015).

Published 27 Jun, 2015 12:00am

IS suicide bomber kills 25, wounds 202 in Kuwait mosque

A suicide bomber killed 25 people when he blew himself up inside a packed Shia mosque in Kuwait city during Friday prayers, the interior ministry said, the first attack of its kind in the major oil-exporting country. The Islamic State militant group claim

Published 27 Jun, 2015 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Friday (June 26, 2015).

Published 27 Jun, 2015 12:00am

IS suicide bomber kills 25, wounds 202 in Kuwait mosque

A suicide bomber killed 25 people when he blew himself up inside a packed Shia mosque in Kuwait city during Friday prayers, the interior ministry said, the first attack of its kind in the major oil-exporting country. The Islamic State militant group claim

Published 27 Jun, 2015 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Friday (June 26, 2015).

Published 27 Jun, 2015 12:00am

Rabbani asks house committee to convene meeting

Chairman Senate Mian Raza Rabbani has written a letter to the chairman Senate Standing Committee on Water and Power to convene a meeting on power cuts in Karachi. Rabbani expressed his concerns over unprecedented loss of lives caused by the current heatwa

Published 27 Jun, 2015 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Friday (June 26, 2015).

Published 27 Jun, 2015 12:00am

Rabbani asks house committee to convene meeting

Chairman Senate Mian Raza Rabbani has written a letter to the chairman Senate Standing Committee on Water and Power to convene a meeting on power cuts in Karachi. Rabbani expressed his concerns over unprecedented loss of lives caused by the current heatwa

Published 27 Jun, 2015 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Friday (June 26, 2015).

Published 27 Jun, 2015 12:00am

Cotton

TTP threatens K-Electric of revenge: mass funeral for unclaimed victims of deadly heatwave

Edhi volunteers on Friday held a mass funeral for 50 victims of Karachi's worst heatwave in decades, whose bodies had gone unclaimed. More than 1,000 people have died as a result of days of scorching temperatures, with the sprawling metropolis Karachi the

Published 27 Jun, 2015 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Friday (June 26, 2015).

Published 27 Jun, 2015 12:00am

Cotton

TTP threatens K-Electric of revenge: mass funeral for unclaimed victims of deadly heatwave

Edhi volunteers on Friday held a mass funeral for 50 victims of Karachi's worst heatwave in decades, whose bodies had gone unclaimed. More than 1,000 people have died as a result of days of scorching temperatures, with the sprawling metropolis Karachi the

Published 27 Jun, 2015 12:00am

Currency

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 27 Jun, 2015 12:00am

Low gas pressure: production at PSM comes to a halt

Pakistan Steel Mills'' (PSM) production came to a complete halt on Friday due to low gas pressure. Sources told Business Recorder that after achieving some 2 percent production capacity in the previous months, the country''s largest steel producing

Published 27 Jun, 2015 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (June 26, 2015).

Published 27 Jun, 2015 12:00am

Low gas pressure: production at PSM comes to a halt

Pakistan Steel Mills' (PSM) production came to a complete halt on Friday due to low gas pressure. Sources told Business Recorder that after achieving some 2 percent production capacity in the previous months, the country's largest steel producing p

Published 27 Jun, 2015 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (June 26, 2015).

Published 27 Jun, 2015 12:00am

Low gas pressure: production at PSM comes to a halt

Pakistan Steel Mills' (PSM) production came to a complete halt on Friday due to low gas pressure. Sources told Business Recorder that after achieving some 2 percent production capacity in the previous months, the country's largest steel producing p

Published 27 Jun, 2015 12:00am

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (June 26, 2015).

Published 27 Jun, 2015 12:00am

Projected collection target will not be met: Dar informed

Finance Minister Ishaq Dar has been reportedly informed by tax authorities that the projected revenue collection of the Federal Board of Revenue (FBR) would fall short of the thrice downward revised target by Rs 30 billion. Optimistic estimates project to

Published 27 Jun, 2015 12:00am

Currency

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 (June 26, 2015).

Published 27 Jun, 2015 12:00am

Projected collection target will not be met: Dar informed

Finance Minister Ishaq Dar has been reportedly informed by tax authorities that the projected revenue collection of the Federal Board of Revenue (FBR) would fall short of the thrice downward revised target by Rs 30 billion. Optimistic estimates project to

Published 27 Jun, 2015 12:00am

Currency

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 (June 26, 2015).

Published 27 Jun, 2015 12:00am

Projected collection target will not be met: Dar informed

Finance Minister Ishaq Dar has been reportedly informed by tax authorities that the projected revenue collection of the Federal Board of Revenue (FBR) would fall short of the thrice downward revised target by Rs 30 billion. Optimistic estimates project to

Published 27 Jun, 2015 12:00am

Currency

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 (June 26, 2015).

Published 27 Jun, 2015 12:00am

Power Holding Company: syndicate of banks giving fresh credit line

A syndicate of big banks is giving a fresh credit line of Rs 7.5 billion at 2 percent above KIBOR to the Power Holding Company as it is not able to pay interest on the Rs 134 billion of Term Finance Certificates, it is reliably learnt. The interest had fa

Published 27 Jun, 2015 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (June 26, 2015).

Published 27 Jun, 2015 12:00am

Power Holding Company: syndicate of banks giving fresh credit line

A syndicate of big banks is giving a fresh credit line of Rs 7.5 billion at 2 percent above KIBOR to the Power Holding Company as it is not able to pay interest on the Rs 134 billion of Term Finance Certificates, it is reliably learnt. The interest had fa

Published 27 Jun, 2015 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (June 26, 2015).

Published 27 Jun, 2015 12:00am

Power Holding Company: syndicate of banks giving fresh credit line

A syndicate of big banks is giving a fresh credit line of Rs 7.5 billion at 2 percent above KIBOR to the Power Holding Company as it is not able to pay interest on the Rs 134 billion of Term Finance Certificates, it is reliably learnt. The interest had fa

Published 27 Jun, 2015 12:00am

Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (June 26, 2015).

Published 27 Jun, 2015 12:00am

Performance contracts with ministries: government takes novel steps to improve governance

Prime Minister Nawaz Sharif has decided to give targets to every ministry and for this purpose he will sign performance contracts with each and every Minister by the first week of July, 2015. Sources privy to the development said that Minister for Plannin

Published 27 Jun, 2015 12:00am

Currency

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (June 26, 2015).

Published 27 Jun, 2015 12:00am

Performance contracts with ministries: government takes novel steps to improve governance

Prime Minister Nawaz Sharif has decided to give targets to every ministry and for this purpose he will sign performance contracts with each and every Minister by the first week of July, 2015. Sources privy to the development said that Minister for Plannin

Published 27 Jun, 2015 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (June 26, 2015).

Published 27 Jun, 2015 12:00am

Performance contracts with ministries: government takes novel steps to improve governance

Prime Minister Nawaz Sharif has decided to give targets to every ministry and for this purpose he will sign performance contracts with each and every Minister by the first week of July, 2015. Sources privy to the development said that Minister for Plannin

Published 27 Jun, 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 27 Jun, 2015 12:00am

Performance contracts with ministries: government takes novel steps to improve governance

Prime Minister Nawaz Sharif has decided to give targets to every ministry and for this purpose he will sign performance contracts with each and every Minister by the first week of July, 2015. Sources privy to the development said that Minister for Plannin

Published 27 Jun, 2015 12:00am

Currency

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 27 Jun, 2015 12:00am

New York cotton

The fluctuations observed during the day:

Published 27 Jun, 2015 12:00am

New York cotton

The fluctuations observed during the day:

Published 27 Jun, 2015 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 27 Jun, 2015 12:00am

Move over superheroes, video-game movies are going upscale

There was a time when a new video game adaptation was enough to make film critics gag, but the big money involved is starting to attract a new level of talent. Video game movies have an ignoble history in Hollywood, dating back to the dark days of the ear

Published 27 Jun, 2015 12:00am

Pixar's 'Inside Out' set box office record in debut

Pixar's critically acclaimed "Inside Out" - an animated look at the mind of a pre-teen girl - could not defeat the dinosaurs of "Jurassic World" at the North American weekend box office. But Pixar, now part of the Disney empire, nevertheless set an impres

Published 27 Jun, 2015 12:00am

At 25, Taylor Swift proves extraordinary force

Taylor Swift may be best known for bubble-gum pop anthems loved by teenage girls, but at 25 she has shown herself to be a formidable force in the business world, as Apple found out. Apple, a $750 billion tech leader that is rarely described as laid-back i

Published 27 Jun, 2015 12:00am

Tiny bird mimicks hawk warning to fend off predator

A bird weighing just two teaspoons of sugar scares off a predator 40 times its size by imitating the "hawk alarm" of other species, scientists said Wednesday. The trick is used by the brown thornbill, one of Australia's tiniest birds, to scare off its muc

Published 27 Jun, 2015 12:00am

Apple's iOS9: A look at the new operating system

Less power hungry, economical with memory and a smarter Siri - these are all promised in the ninth version of Apple's iOS mobile-device operating system, due for all iPhones from the 4S up this autumn. Here's an overview of the new functions: - Power Savi

Published 27 Jun, 2015 12:00am

Free animations spread lifesaving tips via smartphones

Impoverished communities across the globe are receiving lifesaving tips for dealing with disease, draught and depression from short, user-friendly videos that are free online. Agriculture animations, for example, show how to build raised planting beds usi

Published 27 Jun, 2015 12:00am

Vegetable Oil

Dates: nature's delight

Delicious and nourishing Dates are a treasure of vitamins, minerals and fibers. Dates are powerhouse of energy to keep you healthy and fit during the holy month of Ramazan. The nutritious fruit contains oil, calcium, sulfur, iron, potassium, phosphorous,

Published 27 Jun, 2015 12:00am

New insulin 'smart patch' could help diabetes patients

An experimental patch that could automatically deliver doses of insulin to patients with diabetes has been successfully tested in lab animals, researchers said Monday. If trials in people are shown to work, the patch could offer a less painful alternative

Published 27 Jun, 2015 12:00am

Education can make Ramazan fast safer for type 2 diabetics

Muslims with type 2 diabetes who choose to fast during Ramazan may benefit from individualised education programmes, according to findings presented this month at the annual meeting of the American Diabetes Association (ADA) in Boston. Muslims around the

Published 27 Jun, 2015 12:00am

Well-designed patio is extension of the living room, designers say

A patio has to meet the same demands as a living room, says Heike Roettgen from the Federation of German Landscape Architects: it offers space for family life to develop and sparkle. Even the keen DIY enthusiast is best advised to leave the planning of a

Published 27 Jun, 2015 12:00am

Shoes and sacrifice: London exhibition explores footwear fashion

For centuries, women and sometimes men have squeezed their feet into tiny shoes or balanced on towering heels to feel sexy, empowered and to show their wealth and status. Now their sacrifice is being celebrated in a new exhibition, 'Shoes: Pleasure and Pa

Published 27 Jun, 2015 12:00am

ART FACTS: Evocative vivid memories

Reflecting stimulating evocative vivid memories of the past Amir Raza's paintings in an exhibition titled "Where do we stand" at Full Circle Gallery, Karachi questions where do we stand as a Nation after about seven centuries of independence.

Published 27 Jun, 2015 12:00am

Moroccan villagers harvest fog for water supply

Green technology to turn fog into fresh water straight from the tap has put an end to exhausting daily treks to distant wells by village women in south-west Morocco. Families in five highland Berber communities have begun to benefit from "fog harvesting",

Published 27 Jun, 2015 12:00am

KARACHI CHRONICLE: The killer heatwave

It was mainly heat that killed them. Moeover, you could not find a bottle of cold water to give heat shocked patients because every single market and tea stall, snack shops and food shop called 'hotel' were closed. The temperature hit the unbearable and u

Published 27 Jun, 2015 12:00am

Cotton

Daily trading report of PMEX

On Thursday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 3.617 billion. The number of lots traded was 18.97 million. PMEX Commodity Index closed at 2,720. Major business was contributed by gold amounting to PKR 2.659 billion followed by c

Published 27 Jun, 2015 12:00am

Ukraine's southern regions begin grain harvest

Farms in Ukraine's southern regions have launched the 2015 grain harvest, threshing the first 20,000 hectares, analyst UkrAgro Consult said on Wednesday. "The average yield is unlikely to be lower than last year owing to favourable weather conditions," th

Published 27 Jun, 2015 12:00am

Bangladesh tea prices fall

Tea prices in Bangladesh fell for the fourth straight week at a weekly auction on Tuesday due to low demand from local buyers in the Muslim fasting month of Ramazan, brokers said. Tea prices dropped sharply in the last marketing season on poor demand from

Published 27 Jun, 2015 12:00am

IGC cuts wheat crop forecast, raises corn outlook

The International Grains Council on Thursday cut its forecast for global wheat production in 2015/16 but raised its outlook for the corn (maize) crop. The IGC, in a monthly update, put global wheat production for 2015/16 (July to June) at 711 million tonn

Published 27 Jun, 2015 12:00am

US Midwest corn, soya bids fall

Bids for corn and soyabeans delivered on the cash market fell at processors and elevators around the US Midwest on Thursday, pressured by heavy farmer selling of both commodities. A rally in the futures market prompted the sales, which included old-crop a

Published 27 Jun, 2015 12:00am

CBOT wheat futures hit two-week high

Wheat futures on the Chicago Board of Trade rose on Thursday, touching a two-week high on technical buying and worries about harvest delays in the US Midwest, traders said. CBOT July wheat reached $5.33 a bushel, nearly matching its 200-day moving average

Published 27 Jun, 2015 12:00am

Canadian canola futures rise

ICE Canadian canola futures rose on Wednesday on dryness concerns in parts of the Canadian Prairies and technical buying. Lack of farmer selling also seen supporting the market. July canola rose $5.60 at $511.90 per tonne. Most-active November canola adde

Published 27 Jun, 2015 12:00am

US FOB Gulf corn, soya offers lower

Export premiums for corn and soyabeans shipped from the US Gulf Coast were steady to lower on Thursday as prices for new-crop shipments eased in tandem with sinking CIF barge basis values, traders said. Higher Chicago Board of Trade futures on Thursday tr

Published 27 Jun, 2015 12:00am

US natural gas futures up on stronger demand forecasts

US natural gas futures ended up over 3 percent on Thursday on forecasts for stronger demand over the next two weeks and an expected smaller-than-normal storage build. On its second to last day as the front-month, July gas futures on the New York Mercantil

Published 27 Jun, 2015 12:00am

Karachi Port's activities

The Karachi Port handled 154,630 tonnes of cargo comprising 124,578 tonnes of import cargo and 30,052 tonnes of export cargo including 3,985 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 124

Published 27 Jun, 2015 12:00am

Cotton

Renewed buying interest emerges in new cotton crop

Renewed buying interest in new crop was witnessed on the cotton market on Friday in the process of trading, dealers said. The official spot rate gave back overnight gains, losing Rs 100 to Rs 5200, dealers said. In the ready session, around 3000 bales of

Published 27 Jun, 2015 12:00am

No change on grain market

According to the Daily Market Report by the Wholesale Grain Merchant Group, no change was seen on the local commodity market on Friday.

Published 27 Jun, 2015 12:00am

US Plains HRW wheat bids steady

Spot basis bids for hard red winter wheat flattened out across the southern US Plains on Thursday after rising earlier in the week, grain dealers said. Farmers booked some sales of the grain when dealers raised their bids earlier this week but most have s

Published 27 Jun, 2015 12:00am

Colombia central bank holds key interest rate steady

Colombia's central bank held its benchmark interest rate for a tenth consecutive month on Wednesday, as policymakers grapple with the twin constraints of inflationary pressure and an economy weakened by the drop in global oil prices. The seven-member boar

Published 27 Jun, 2015 12:00am

Abolish fees to end Hong Kong domestic worker debt bondage

The multi-million dollar domestic worker recruitment business is pushing thousands of women into crippling debt by charging hefty fees for finding jobs, the co-founder of an employment agency said on Tuesday as he called for an overhaul of the industry.

Published 27 Jun, 2015 12:00am

Mexico factory exports plunge, consumer imports jump

Mexico's factory exports suffered their biggest fall in over two years in May, pointing to weaker demand from its main trade partner, the United States, though a jump in non-oil consumer imports pointed to more robust spending at home. Manufactured export

Published 27 Jun, 2015 12:00am

Vivendi becomes top shareholder in Telecom Italia

Vivendi said on Wednesday it raised its stake in Telecom Italia to 14.9 percent, replacing Telefonica as its biggest shareholder and gaining a foothold in a country it said had significant growth prospects. The move makes Vincent Bollore, Vivendi chairman

Published 27 Jun, 2015 12:00am

Vivendi becomes top shareholder in Telecom Italia

Vivendi said on Wednesday it raised its stake in Telecom Italia to 14.9 percent, replacing Telefonica as its biggest shareholder and gaining a foothold in a country it said had significant growth prospects. The move makes Vincent Bollore, Vivendi chairman

Published 27 Jun, 2015 12:00am

Mexico says it leads Latin American dash to invest in Cuba

Mexico has more investment projects under negotiation with Cuba than any other Latin American country as it seeks to strengthen relations within the region and engage with the Communist-run nation, the country's head trade official in Cuba says. Luis Cabr

Published 27 Jun, 2015 12:00am

Too few large companies in east Germany, study finds

The eastern German economy is still struggling to catch up with the west, 25 years after unification, largely because of a lack of large companies in the region, the economy ministry said on Thursday. "Big companies and corporate headquarters are largely

Published 27 Jun, 2015 12:00am

Swedish fashion giant posts profit in Q2

Swedish fashion giant Hennes and Mauritz (H&M) on Thursday reported an 11-percent rise in its second quarter net profit on the back of a 20-percent jump in sales, but warned of the impact of a strengthening dollar. The company, whose fiscal quarter runs f

Published 27 Jun, 2015 12:00am

Swedish fashion giant posts profit in Q2

Swedish fashion giant Hennes and Mauritz (H&M) on Thursday reported an 11-percent rise in its second quarter net profit on the back of a 20-percent jump in sales, but warned of the impact of a strengthening dollar. The company, whose fiscal quarter runs f

Published 27 Jun, 2015 12:00am

Currency

Vietnam economy grows by 6.28 percent in first half of 2015

Vietnam's economy grew by 6.28 percent in the first half of this year, racing along at its fastest rate since 2008, official figures showed Friday. Gross domestic product (GDP) rose to 6.28 percent in January-June, according to General Statistics Office e

Published 27 Jun, 2015 12:00am

German consumers gloomier going into July

German shoppers became more cautious for the first time since October as they headed into July, with alarm about Greece sapping consumers' confidence, GfK market research group said on Thursday. The GfK consumer sentiment indicator, based on a survey of 2

Published 27 Jun, 2015 12:00am

Gem merchants converge in Myanmar for flagship auction

Hundreds of merchants from China to Malaysia flocked to Naypyidaw on Friday to inspect jade and other precious stones at an annual auction that offered a glimpse into the country's notoriously murky but lucrative gems industry. The 13-day emporium that op

Published 27 Jun, 2015 12:00am

Honda revises last year earnings

Japanese car giant Honda revised down its annual earnings for the last fiscal year on Friday, blaming the expanding recalls of faulty airbags made by Takata, which have been linked with eight deaths. The nation's third biggest automaker said its net profi

Published 27 Jun, 2015 12:00am

Honda revises last year earnings

Japanese car giant Honda revised down its annual earnings for the last fiscal year on Friday, blaming the expanding recalls of faulty airbags made by Takata, which have been linked with eight deaths. The nation's third biggest automaker said its net profi

Published 27 Jun, 2015 12:00am

Eurozone loans to private sector growing again: ECB

Loans to the private sector in the euro area, a gauge of economic health, have started growing again, suggesting the European Central Bank's monetary policy is gradually working, ECB data showed Friday. After long months of contraction, the volume of loan

Published 27 Jun, 2015 12:00am

HSBC ends sponsorship of key emerging market indexes

Banking giant HSBC has ended its five-year sponsorship of a closely watched series of business activity surveys, financial research group Markit, which compiles the data, said Friday. The HSBC Markit Emerging Markets monthly purchasing managers' indexes (

Published 27 Jun, 2015 12:00am

HSBC ends sponsorship of key emerging market indexes

Banking giant HSBC has ended its five-year sponsorship of a closely watched series of business activity surveys, financial research group Markit, which compiles the data, said Friday. The HSBC Markit Emerging Markets monthly purchasing managers' indexes (

Published 27 Jun, 2015 12:00am

Billions of China's lottery funds misused

Nearly $3 billion generated from China's state lotteries - a quarter of the funds they raised in recent years - have been "misappropriated" through embezzlement and other abuses such as buying cars, state-run media said on Friday. A total of 16.9 billion

Published 27 Jun, 2015 12:00am

Billions of China's lottery funds misused

Nearly $3 billion generated from China's state lotteries - a quarter of the funds they raised in recent years - have been "misappropriated" through embezzlement and other abuses such as buying cars, state-run media said on Friday. A total of 16.9 billion

Published 27 Jun, 2015 12:00am

Premier Li says economy improving

China's premier, Li Keqiang, said the economy's fundamentals were good and major indicators were improving, although the government would strengthen targeted policy adjustments, according to state-owned China Central Television. China's annual economic gr

Published 27 Jun, 2015 12:00am

Tesco shows signs of UK recovery as turnaround plan takes shape

Price cuts and better service helped Tesco win back shoppers in its latest quarter, Britain's biggest retailer said on Friday, suggesting new boss Dave Lewis's turnaround plan is starting to have an impact. Tesco has had a horrendous 18 months, with compe

Published 27 Jun, 2015 12:00am

Japan consumers increase spending for first time in over a year

Japan's household spending in May rose for the first time in more than a year, and a robust jobs market fuelled hopes that companies will begin lifting wages needed to spark inflation towards the central bank's ambitious 2 percent goal. The rebound offers

Published 27 Jun, 2015 12:00am

Rosneft Q1 profit up 30 percent

Rosneft, Russia's top oil producer, reported a 30 percent increase in first-quarter net profit to 56 billion roubles ($1 billion) on Friday, broadly in line with expectations. Analysts, polled by Reuters, expected net income at 58 billion roubles. The com

Published 27 Jun, 2015 12:00am

Rosneft Q1 profit up 30 percent

Rosneft, Russia's top oil producer, reported a 30 percent increase in first-quarter net profit to 56 billion roubles ($1 billion) on Friday, broadly in line with expectations. Analysts, polled by Reuters, expected net income at 58 billion roubles. The com

Published 27 Jun, 2015 12:00am

Vietnam removes foreign ownership caps on most equities

Vietnam has approved removing foreign ownership caps on most listed companies, its finance minister confirmed on Friday, scrapping a 49 percent limit in one of its most liberal economic reforms yet. The communist government is stepping up reforms to the $

Published 27 Jun, 2015 12:00am

China encourages privately-owned banks, allows more foreign participation

China's banking regulator said on Friday that it will permit the establishment of more privately-owned banks and allow foreign investors to participate in the reform process to help shore up the state-dominated financial sector. The government has taken a

Published 27 Jun, 2015 12:00am

China stocks plunge over seven percent, divided over outlook

Chinese stocks plunged over 7 percent on Friday, with one key index recording its biggest fall since 2008, hit by tight liquidity conditions ahead of the quarter-end and uncertainty over the central bank's easing policy. The market is now down over 20 per

Published 27 Jun, 2015 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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