News Archives for Print - 2015-08-30

The Weather

The weather report on Saturday (August 29, 2015) and the forecast for Sunday (August 30, 2015).

Published 30 Aug, 2015 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 29, 2015).

Published 30 Aug, 2015 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 29, 2015).

Published 30 Aug, 2015 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (August 29, 2015).

Published 30 Aug, 2015 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (August 29, 2015).

Published 30 Aug, 2015 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (August 29, 2015).

Published 30 Aug, 2015 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (August 29, 2015).

Published 30 Aug, 2015 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (August 29, 2015).

Published 30 Aug, 2015 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (August 29, 2015)

Published 30 Aug, 2015 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (August 29, 2015).

Published 30 Aug, 2015 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 29, 2015).

Published 30 Aug, 2015 12:00am

Cotton

Grain market rates

Karachi grain market rates in rupees on Saturday (August 29, 2015).

Published 30 Aug, 2015 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (August 29, 2015).

Published 30 Aug, 2015 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 29, 2015).

Published 30 Aug, 2015 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 29, 2015).

Published 30 Aug, 2015 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (August 29, 2015).

Published 30 Aug, 2015 12:00am

Currency

THE RUPEE: steadier trend

The rupee managed to hold its overnight levels against the dollar on the money market at the week-end in the process of trading, dealers said.

Published 30 Aug, 2015 12:00am

Currency

THE RUPEE: steadier trend

The rupee managed to hold its overnight levels against the dollar on the money market at the week-end in the process of trading, dealers said.

Published 30 Aug, 2015 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (August 29, 2015).

Published 30 Aug, 2015 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (August 29, 2015).

Published 30 Aug, 2015 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (August 29, 2015).

Published 30 Aug, 2015 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 30 Aug, 2015 12:00am

Asian naphtha crack falls to 7-1/2 month low

Asia's naphtha crack slumped to $48.65 a tonne on Wednesday, the lowest since January 12, as crackers' run cuts at Asia's top naphtha importer and slow demand weighed heavily. Taiwan's Formosa Petrochemical Corp has cut throughput at its three naphtha cra

Published 30 Aug, 2015 12:00am

Egypt buys Russian wheat

Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), said it bought 60,000 tonnes of Russian wheat in a tender on Thursday. The wheat was purchased at $190.07 a tonne cost and freight, Mamdouh Abdel Fattah, vice chairman of GASC

Published 30 Aug, 2015 12:00am

CBOT wheat falls three-month low

Wheat futures on the Chicago Board of Trade fell for a third straight session on Thursday, with the front-month contract hitting its lowest in nearly three months on rising estimates of world supplies and strength of the US dollar, traders said. CBOT Sept

Published 30 Aug, 2015 12:00am

Cotton

Lean business on grain market

A slow activity was seen on the local commodity market on Saturday due to less buying interest, dealers said. On the rice side, Irri-6 Sindh quoted at Rs 2800 and Rs 2850, other items maintained their overnight levels, they said. On the seeds side, cotton

Published 30 Aug, 2015 12:00am

Asian rice export prices fall on thin demand

Rice export prices on Asian markets eased further this week in line with weakening currencies in major export nations Thailand and Vietnam, while buying demand was scant, traders said on Wednesday. Recent global market movements have also prompted buyers

Published 30 Aug, 2015 12:00am

Cotton

Oil cake market rates

Both the futures were up on the forward cottonseeds oilcake market on Saturday in the process of trading, dealers said. The December vaida closed at Rs 1302.50, opened with 30 paisa rise at Rs 1302.80 in the early session, dealers said. The January contra

Published 30 Aug, 2015 12:00am

Cotton

Cotton market: prices gain momentum on rising demand

Prices went up modestly on the cotton market on Saturday amid tight supply of seed cotton, dealers said. The official spot rate extended overnight gains, picking up Rs 50 to Rs 4,550, dealers said. Seed cotton prices in Sindh were higher by Rs 50 to Rs 23

Published 30 Aug, 2015 12:00am

Sweden to raise welfare spending in 2016

Welfare spending in Sweden will rise by 1.7 billion crowns ($200 million) next year under a deal agreed between the country minority government and an opposition party, daily Svenska Dagbladet wrote. The deal over the 2016 budget between the government an

Published 30 Aug, 2015 12:00am

German sees rising government borrowing costs

Germany's Finance Ministry expects government borrowing costs to rise next year, Der Spiegel magazine reported on Saturday. Yields on German 10-year bonds, the euro zone benchmark, hit a record low of 0.05 percent in April, pinned down by the European Cen

Published 30 Aug, 2015 12:00am

BoE stance on rates unchanged by China: Carney

Bank of England Governor Mark Carney said on Saturday that concerns about a slowdown in China's economy did not change the British central bank's position on when it might start to increase interest rates. "As I said recently, the prospect of sustained mo

Published 30 Aug, 2015 12:00am

Ultra-low German inflation keeps pressure on ECB

German inflation remained close to zero in August, keeping pressure on the European Central Bank to consider additional stimulus measures as the falling cost of oil and a slowdown in China put the brakes on prices. Preliminary data for Europe's largest ec

Published 30 Aug, 2015 12:00am

Swiss economy posts surprise growth, skirting recession

Switzerland's economy grew unexpectedly in the second quarter, skirting a recession as exporters weathered a strong franc better than some had expected. However, economists cautioned that picture was complicated by a fall in imports. This may have flatter

Published 30 Aug, 2015 12:00am

Buffett's Berkshire takes $4.48 billion stake in Phillips 66

Warren Buffett's Berkshire Hathaway Inc disclosed a $4.48 billion stake in oil refiner Phillips 66, rebuilding a bet it had made in the energy industry before oil prices fell. The 57.98 million-share, or roughly 10.8 percent, stake was revealed in a Frida

Published 30 Aug, 2015 12:00am

Boeing gets $1.49 billion order to build 13 surveillance aircraft

Boeing has won a $1.49 billion contract to build 13 additional P-8A maritime surveillance aircraft, and provide parts for 20 other aircraft of the same type. The Defense Department said nine planes were being built for the US Navy, while the four others w

Published 30 Aug, 2015 12:00am

Eastern Libyan oil firm postpones Dubai conference

A state oil firm loyal to Libya's official government based in the east of the country has postponed a conference in Dubai to discuss oil majors' existing contracts with the Opec member country. The conference is a fresh attempt by Libya's internationally

Published 30 Aug, 2015 12:00am

Fly Africa to open new routes in East, West Africa

Southern Africa-focused low-cost airline Fly Africa will expand to fly new routes to destinations in East and West Africa, Gabon's president said on Saturday. "One of the biggest contributions that we as Africans can make to Africa's development is to ope

Published 30 Aug, 2015 12:00am

Kyrgyzstan hails 'historic' China-financed power line

Ex-Soviet republic Kyrgyzstan on Friday inaugurated a Chinese-financed power line officials say will bring energy independence to the country, one of the many projects Beijing has sponsored in the region. The 450-kilometre Datka-Kemin power line is expect

Published 30 Aug, 2015 12:00am

Algeria to cut 2016 government spending: Prime Minister

Algeria plans to cut government spending by 9 percent next year due to the collapse in prices for its oil exports, Prime Minister Abdelmalek Sellal said. "We need courageous decisions for 2016, so we have decided on a 9 percent cut in the budget," Sellal

Published 30 Aug, 2015 12:00am

Petrobras reaches deal for reorganisation of Sete Brasil

Brazilian state-run oil company Petrobras and other investors reached an agreement to approve the restructuring plan of ailing oil-drilling-rig builder Sete Brasil Participa??es SA, two leading local newspapers reported on Friday. The plan would pave the

Published 30 Aug, 2015 12:00am

US natural gas futures fall on warmer weather forecast

US natural gas futures fell 2 percent in the last day of trading for the September contract as forecasts of warmer temperatures were offset by a government report that showed larger-than-expected builds in weekly storage. The US Energy Information Adminis

Published 30 Aug, 2015 12:00am

Chinese iron ore prices drop near one-month low

Spot iron ore prices dropped to their lowest in nearly a month, under pressure from a weaker steel market in top consumer China that plunged Shanghai steel futures to a record low this week. Traders were not confident that a seasonal pickup in Chinese ste

Published 30 Aug, 2015 12:00am

US Midwest soyabeans bids weaker

Spot basis bids for soyabeans were steady to weaker at processors and elevators around the US Midwest on Thursday, grain dealers said. Strength in the futures market sparked a light round of soyabean sales from farmers looking to lock in prices for the cr

Published 30 Aug, 2015 12:00am

Vegetable Oil

European vegoils market rallies on rebound in Chinese stocks

Most products on the European vegetable oils market rallied on Thursday, tracking sharply higher equities and energy markets as concerns eased about the Chinese economy after a rally in Chinese stocks. "Outside markets pushed prices up, but there was no g

Published 30 Aug, 2015 12:00am

US FOB Gulf soya premiums fall ahead of autumn harvest

Soyabean export premiums at the US Gulf Coast dipped on Thursday ahead of an expected influx of new supplies ahead from the autumn harvest, traders said. Corn and wheat premiums were mostly steady. Farmers continued to hold back on selling crops because o

Published 30 Aug, 2015 12:00am

Currency

Brazilian coffee sellers recoil from volatile prices

Volatile swings in Brazil's currency and coffee futures prices dampened interest in producer selling of the commodity this week, as all eyes focused on flowering of the new crop, traders said on Thursday. Brazil's drought-stressed southeastern states, whe

Published 30 Aug, 2015 12:00am

Russia's grain crop seen third largest in post-Soviet history

Russia, one of the world's top wheat exporters, will harvest its third-largest grain crop in post-Soviet history this year, leading Russian consultancy SovEcon said on Thursday after upgrading its forecast. Farmers have managed to reap a large crop despit

Published 30 Aug, 2015 12:00am

Asian grain importers make rare forward buys on low prices: traders

Asian grain importers are locking in forward purchases as they take advantage of a sharp drop in grain prices, with some buyers booking shipments right up to the middle of next year in an unusual move, traders said on Wednesday. Thailand has recently boug

Published 30 Aug, 2015 12:00am

European wheat futures little changed

European wheat futures were little changed by the close on Thursday as the market weighed a sharp fall in the euro against weakness on the US market and disappointment at French wheat missing out again in a tender from top importer Egypt. December milling

Published 30 Aug, 2015 12:00am

Profit slides at Woolworths

Australian supermarket giant Woolworths on Friday posted a 12.5 percent slide in full-year net profit and announced its chairman was stepping down, just months after the group's chief executive quit. Profit at the country's largest food retailer fell to A

Published 30 Aug, 2015 12:00am

Profit slides at Woolworths

Australian supermarket giant Woolworths on Friday posted a 12.5 percent slide in full-year net profit and announced its chairman was stepping down, just months after the group's chief executive quit. Profit at the country's largest food retailer fell to A

Published 30 Aug, 2015 12:00am

Croatia's economy grows

Croatia's economy grew 1.2 percent in the second quarter year-on-year, the state statistics bureau said in its flash estimate on Friday, beating expectations and lifting hopes for full-year growth after a long recession. Analysts' forecasts were an averag

Published 30 Aug, 2015 12:00am

Investors still in the dark as cyber threat grows

Investors are being poorly served by a haphazard approach from fund managers to the growing threat of cyber crime damaging the companies in which they invest, with a lack of clarity from the businesses themselves compounding the problem. Banks have led th

Published 30 Aug, 2015 12:00am

Investors still in the dark as cyber threat grows

Investors are being poorly served by a haphazard approach from fund managers to the growing threat of cyber crime damaging the companies in which they invest, with a lack of clarity from the businesses themselves compounding the problem. Banks have led th

Published 30 Aug, 2015 12:00am

Currency

Lagarde says restructuring should suffice for Greek debt

A form of debt restructuring rather than outright forgiveness should enable Greece to handle its "unviable" debt burden, the head of the International Monetary Fund was quoted as telling a Swiss newspaper. The IMF has yet to make clear if it will particip

Published 30 Aug, 2015 12:00am

Currency

Turkey hikes reserve ratio for short-term FX borrowing

Turkey's central bank on Saturday raised the reserve ratio on lenders' short-term hard currency borrowings to encourage the banks to borrow longer-term and bring more stability to a domestic currency market that has been subject to big swings. The bank al

Published 30 Aug, 2015 12:00am

Rouhani says Iran's crude oil output stands at 2.9 million bpd

Iran's crude oil production stands at 2.9 million barrels per day (bpd), President Hassan Rouhani was quoted as saying on Saturday, an increase of 200,000 bpd since he took office in 2013. "In the last two years we succeeded in increasing our crude oil pr

Published 30 Aug, 2015 12:00am

Mugabe inks law to stop mass lay-offs

Zimbabwean President Robert Mugabe has signed a new law banning mass lay-offs following a spate of redundancies that unions say put 30,000 people out of work, local media reported Friday. The Supreme Court ruled last month that employers could fire worker

Published 30 Aug, 2015 12:00am

Falling prices drag on China July industrial profits

Profits at Chinese industrial companies in July slid 2.9 percent from a year earlier as falling prices eroded earnings, official data showed on Friday, underlining weakness in the world's second-largest economy. Growth in Chinese manufacturing has been st

Published 30 Aug, 2015 12:00am

'Good reason to believe' US inflation will rise, says Fed's Fischer

US inflation will likely rebound as pressure from the dollar and other factors fade, allowing the Federal Reserve to raise interest rates gradually, Fed Vice Chairman Stanley Fischer said on Saturday. The influential US central banker was circumspect whet

Published 30 Aug, 2015 12:00am

Obama heads north to Alaska, where drilling decision looms large

President Barack Obama on Saturday defended his decision to allow Royal Dutch Shell to drill for oil in the Arctic Ocean under what he said were rigorous standards, fending off criticism by environmental groups. His message comes on the eve of a three-day

Published 30 Aug, 2015 12:00am

Myanmar sets $2.80 daily minimum wage in bid to boost investment

Myanmar has set a minimum wage of 3,600 kyat ($2.80) for an eight-hour work day, a move likely to boost investment in the fast-growing country's garment industry. The decision on a minimum wage, which follows two years of often acrimonious debate between

Published 30 Aug, 2015 12:00am

German yields dip

German bond yields edged lower on Friday, defying a sudden surge in oil prices, as data showed consumer prices in Europe's biggest economy had been weighed down by falling energy costs. German inflation remained close to zero in August, keeping pressure o

Published 30 Aug, 2015 12:00am

German yields dip

German bond yields edged lower on Friday, defying a sudden surge in oil prices, as data showed consumer prices in Europe's biggest economy had been weighed down by falling energy costs. German inflation remained close to zero in August, keeping pressure o

Published 30 Aug, 2015 12:00am

Alignvest to raise $184 million via IPO on Toronto Exchange

Alignvest Acquisition Corp, an investment company set up primarily to buy an operating asset, said on Wednesday it is raising almost double the money it set out to generate via an initial public offering on the Toronto Stock Exchange. The Toronto-based co

Published 30 Aug, 2015 12:00am

Alignvest to raise $184 million via IPO on Toronto Exchange

Alignvest Acquisition Corp, an investment company set up primarily to buy an operating asset, said on Wednesday it is raising almost double the money it set out to generate via an initial public offering on the Toronto Stock Exchange. The Toronto-based co

Published 30 Aug, 2015 12:00am

Treasuries outlook: bonds fall as Fischer leaves door open for rate hike

US Treasuries prices fell on Friday, with most yields posting their biggest weekly rise in nine weeks as the Federal Reserve's No 2 official suggested a September rate increase remained a possibility in the wake of global market turbulence this week. "We'

Published 30 Aug, 2015 12:00am

Treasuries outlook: bonds fall as Fischer leaves door open for rate hike

US Treasuries prices fell on Friday, with most yields posting their biggest weekly rise in nine weeks as the Federal Reserve's No 2 official suggested a September rate increase remained a possibility in the wake of global market turbulence this week. "We'

Published 30 Aug, 2015 12:00am

First Data chooses Citigroup, Morgan Stanley to lead IPO

Citigroup and Morgan Stanley will lead the market debut of credit card processor First Data, in what will be one of the biggest initial public offerings of the year if it goes ahead. First Data, which is owned by private equity firm Kohlberg Kravis Robert

Published 30 Aug, 2015 12:00am

First Data chooses Citigroup, Morgan Stanley to lead IPO

Citigroup and Morgan Stanley will lead the market debut of credit card processor First Data, in what will be one of the biggest initial public offerings of the year if it goes ahead. First Data, which is owned by private equity firm Kohlberg Kravis Robert

Published 30 Aug, 2015 12:00am

UK investors buy more stocks, cut bond holdings

British investors put more money into stocks in August and, wary of low yields, cut their allocation to bonds to its lowest since July 2014, a Reuters poll found. The monthly survey of 10 investment managers based in Britain showed average exposure to sha

Published 30 Aug, 2015 12:00am

UK investors buy more stocks, cut bond holdings

British investors put more money into stocks in August and, wary of low yields, cut their allocation to bonds to its lowest since July 2014, a Reuters poll found. The monthly survey of 10 investment managers based in Britain showed average exposure to sha

Published 30 Aug, 2015 12:00am

Deutsche Annington seen joining DAX index in rare reshuffle

Deutsche Annington is expected to win a spot on the DAX index of leading German shares next month, representing the real estate sector for the first time after acquisitions helped it to expand rapidly. Deutsche Annington is poised to replace Lanxess, the

Published 30 Aug, 2015 12:00am

TSX ends higher

Canada's main stock index climbed on Friday, driven by a surge in shares of energy and mining companies rebounding from the brutal selloff earlier in the week. The benchmark index gained for a fourth straight session and ended the week nearly 3 percent hi

Published 30 Aug, 2015 12:00am

After the storm, European stocks provide value and yield

As the dust settles after of the most dramatic weeks for global markets since the financial crisis, attractive valuations and high yields in European equities suggest that a recent rebound has further to go. Some strategists are downgrading earnings forec

Published 30 Aug, 2015 12:00am

Russia's Uralkali approves share buyback, may delist from London

Russia's Uralkali, the world's largest potash producer, approved a $1.3 billion share buyback on Tuesday which may lead to its delisting from the London Stock Exchange due to a decline in liquidity. Uralkali has previously spent $1.1 billion on a buyback

Published 30 Aug, 2015 12:00am

Russia's Uralkali approves share buyback, may delist from London

Russia's Uralkali, the world's largest potash producer, approved a $1.3 billion share buyback on Tuesday which may lead to its delisting from the London Stock Exchange due to a decline in liquidity. Uralkali has previously spent $1.1 billion on a buyback

Published 30 Aug, 2015 12:00am

Currency

Brazil swap plan 'working well' to curb FX volatility

Brazil has no plans to sell dollars from its foreign reserves to curb foreign exchange volatility because its strategy of offering currency swaps is working "very well," a member of President Dilma Rousseff's economic team told Reuters on Monday. In recen

Published 30 Aug, 2015 12:00am

Stock market volatility could slow cooling IPO market

The stock market turmoil of the last five days, following weeks of broader declines that have left half of this year's newly listed stocks below their offering prices, could slow the already cooling US market for initial public offerings. Wall Street bank

Published 30 Aug, 2015 12:00am

Wall Street ends flat in quiet end to dramatic week

Wall Street ended a tumultuous week with a flat close on Friday as investors shrugged off concerns that a September rate rise was more likely than some investors expected. Shares traded lower earlier in the session after Fed Vice Chairman Stanley Fischer

Published 30 Aug, 2015 12:00am

Currency

African currencies week ahead: East African currencies seen weaker, kwacha to stay firm

East African currencies are expected to come under pressure next week as investors flee emerging markets, while the naira is likely to hold its ground on anticipated dollar sales by the central bank.

Published 30 Aug, 2015 12:00am

Currency

Indonesia tightens rules for domestic dollar purchase

Indonesia's central bank has tightened its rules for domestic purchases of US dollars as it tries to bolster the fragile rupiah. Effective immediately, Bank Indonesia said dollar purchases at banks or money changers above $25,000 require a document showin

Published 30 Aug, 2015 12:00am

Currency

Oman says committed to currency peg

Oman is committed to maintaining the peg of its currency against the US dollar despite the drop of oil prices, central bank executive president Hamood Sangour al-Zadjali said. "We are committed to keeping the Omani rial pegged to the US dollar," Zadjali t

Published 30 Aug, 2015 12:00am

Currency

US dollar fails to get usual safety bid from volatility in short term

Most bouts of global market volatility in recent years have featured one constant: the US dollar strengthens as investors clamour for the perceived safety of US assets such as Treasuries. By contrast, over the last two previous trading days, the dollar lo

Published 30 Aug, 2015 12:00am

Currency

Dollar gains as Fed officials keep door open for September hike

The dollar rose to one-week highs on Friday for a fourth straight session of gains after some Federal Reserve officials did not rule out an interest rate hike next month despite this week's market meltdown. The dollar index, a gauge of the greenback's val

Published 30 Aug, 2015 12:00am

Currency

Colombia forex measures not needed as problems short-term

Intervention to stem Colombia's rising inflation and the precipitous fall in the peso currency is unnecessary, central bank board member Adolfo Meisel said on Wednesday, because both reflect transitory pressures. Meisel, one of seven members of the centra

Published 30 Aug, 2015 12:00am

Currency

Speculators cut net dollar longs to lowest since mid-June

Speculators pared back bullish bets on the US dollar in the latest week to their smallest in more than two months, according to Reuters calculations and data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net l

Published 30 Aug, 2015 12:00am

Currency

Peru to take steps to curb currency speculation

Peru is planning new measures to curb currency speculation that has been driving the sol's rapid slide against the dollar in recent weeks, a central bank official said on Wednesday. Peru's banking superintendent is writing new rules for the country's priv

Published 30 Aug, 2015 12:00am

Currency

Canadian dollar ends flat

The Canadian dollar ended near unchanged against the greenback on Friday, as cautious market participants balanced a sharp jump in crude oil prices against comments by US Federal Reserve officials who did not rule out a September rate hike. The Canadian d

Published 30 Aug, 2015 12:00am

Currency

Yen rises 'rough,' undesirable for economy: Aso

Japanese Finance Minister Taro Aso warned market players against pushing up the yen too much further, saying that its spike against the dollar overnight was "rough" and undesirable for the economy. Aso said that while there was no immediate plan for G20 a

Published 30 Aug, 2015 12:00am

Currency

FX pegs under pressure in emerging markets as commodity prices fall

Plunging commodity prices are testing the viability of emerging currencies' long-standing pegs to the dollar, with some already abandoned as countries balk at the cost of clinging to fixed exchange rates. Kazakhstan unshackled its tenge last week, and bet

Published 30 Aug, 2015 12:00am

Palace stun Chelsea as slick City set club record

Chelsea manager Jose Mourinho suffered only his second Premier League defeat at Stamford Bridge as Crystal Palace clinched a shock 2-1 win over the spluttering champions on Saturday. Mourinho was taking charge of his 100th home fixture in England's top-fl

Published 30 Aug, 2015 12:00am

Pujara's comeback ton lifts India

Cheteshwar Pujara marked his recall with an unbeaten century after Sri Lanka's Dhammika Prasad ripped through India's batting in the decisive third and final Test in Colombo on Saturday. The tourists, who resumed at 50-2 after a rain-curtailed opening day

Published 30 Aug, 2015 12:00am

Saeed Ajmal hopes to make a comeback

Ace off-spinner Saeed Ajmal still has hopes to make a comeback to the national team as he has something to offer for his country. Ajmal said he is looking forward to playing once again in the upcoming domestic cricket season in Pakistan. "I am ready to ta

Published 30 Aug, 2015 12:00am

Australia regain women's Ashes

Australia regained the women's Ashes with a 20-run win over England in the second Twenty20 international at Hove on Friday. Victory gave Australia an unbeatable 10-4 points lead in the multi-format series, which concludes with a now 'dead rubber' Twenty20

Published 30 Aug, 2015 12:00am

Trio doesn't deserve a second chance: Rameez Raja

Former cricketer Rameez Raja has said that the trio Mohammad Asif, Mohammad Aamir and Salman Butt don't deserve a second chance to play for Pakistan as that had brought a bad name to the country. Raja advised the Pakistan Cricket Board (PCB) to rule out a

Published 30 Aug, 2015 12:00am

Riner only 'satisfied' with record 8th world title

A pensive Teddy Riner described himself as merely "satisfied" after claiming a record eighth title at the world judo championships in Kazakhstan on Saturday. As Japan claimed a sixth gold medal across six days of competition, giant Frenchman Riner stole t

Published 30 Aug, 2015 12:00am

Serena, Djokovic, Nadal start Monday at US Open

World number ones Serena Williams and Novak Djokovic will launch their bids for the US Open title on Monday's first day of competition, tournament organizers announced Friday. In a Twitter posting, the tournament said top halves of brackets on both the me

Published 30 Aug, 2015 12:00am

Lightning Bolt strikes again as Farah, Eaton shine

Usain Bolt's third sprint gold and Mo Farah's unique "triple double" shared the spotlight with Ashton Eaton on Saturday as the American thrilled the world championships with a record-breaking decathlon win. This time Bolt shot down not only Justin Gatlin

Published 30 Aug, 2015 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
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Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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