News Archives for Print - 2015-10-19

Dasu Hydropower project: Dar approves financial package

Finance Minister, Senator Mohammad Ishaq Dar here chaired a combined meeting of the officials of World Bank, Water and Power, Finance, Planning & Development and Economic Affairs Divisions.

Published 19 Oct, 2015 12:00am

Neelum Jhelum Hydroelectric Project: Wapda revises cost upward

Water and Power Development Authority (Wapda) has revised actual cost of 969MW Neelum Jhelum Hydroelectric Project to Rs 414.034 billion instead of the initial estimated cost of Rs 274.882 billion calculated in June 2012, showing an increase of 50 percent

Published 19 Oct, 2015 12:00am

Neelum Jhelum Hydroelectric Project: Wapda revises cost upward

Water and Power Development Authority (Wapda) has revised actual cost of 969MW Neelum Jhelum Hydroelectric Project to Rs 414.034 billion instead of the initial estimated cost of Rs 274.882 billion calculated in June 2012, showing an increase of 50 percent

Published 19 Oct, 2015 12:00am

Neelum Jhelum Hydroelectric Project: Wapda revises cost upward

Water and Power Development Authority (Wapda) has revised actual cost of 969MW Neelum Jhelum Hydroelectric Project to Rs 414.034 billion instead of the initial estimated cost of Rs 274.882 billion calculated in June 2012, showing an increase of 50 percent

Published 19 Oct, 2015 12:00am

Ongoing projects: Institutions reluctant to extend support to PQA

Financial institutions have appeared reluctant to extend financial support to Port Qasim Authority (PQA) for its ongoing projects, following the non-compliance of statutory audit requirement since 2007, it was learnt here. According to sources, PQA, which

Published 19 Oct, 2015 12:00am

Ongoing projects: Institutions reluctant to extend support to PQA

Financial institutions have appeared reluctant to extend financial support to Port Qasim Authority (PQA) for its ongoing projects, following the non-compliance of statutory audit requirement since 2007, it was learnt here. According to sources, PQA, which

Published 19 Oct, 2015 12:00am

Ongoing projects: Institutions reluctant to extend support to PQA

Financial institutions have appeared reluctant to extend financial support to Port Qasim Authority (PQA) for its ongoing projects, following the non-compliance of statutory audit requirement since 2007, it was learnt here. According to sources, PQA, which

Published 19 Oct, 2015 12:00am

Futures spreads up by 259 basis points

Futures spreads grew by 259 basis points to 13.38 percent from 10.78 percent of the preceding week. The week, which ended on October 16, however, saw average daily trading volumes declining 25.4 percent to 23.74 million shares compared to the previous 31.

Published 19 Oct, 2015 12:00am

Futures spreads up by 259 basis points

Futures spreads grew by 259 basis points to 13.38 percent from 10.78 percent of the preceding week. The week, which ended on October 16, however, saw average daily trading volumes declining 25.4 percent to 23.74 million shares compared to the previous 31.

Published 19 Oct, 2015 12:00am

Futures spreads up by 259 basis points

Futures spreads grew by 259 basis points to 13.38 percent from 10.78 percent of the preceding week. The week, which ended on October 16, however, saw average daily trading volumes declining 25.4 percent to 23.74 million shares compared to the previous 31.

Published 19 Oct, 2015 12:00am

Futures spreads up by 259 basis points

Futures spreads grew by 259 basis points to 13.38 percent from 10.78 percent of the preceding week. The week, which ended on October 16, however, saw average daily trading volumes declining 25.4 percent to 23.74 million shares compared to the previous 31.

Published 19 Oct, 2015 12:00am

Mutual Funds

Equities stay positive

Driven by the regional bourses, Karachi stocks settled in the positive territory last week with KSE-100 index rising 0.3 percent WoW to 33,954.98 points. The trading turnover grew three percent and averaged on 181 million shares valuing down by 10 percent

Published 19 Oct, 2015 12:00am

Mutual Funds

Equities stay positive

Driven by the regional bourses, Karachi stocks settled in the positive territory last week with KSE-100 index rising 0.3 percent WoW to 33,954.98 points. The trading turnover grew three percent and averaged on 181 million shares valuing down by 10 percent

Published 19 Oct, 2015 12:00am

Mutual Funds

Equities stay positive

Driven by the regional bourses, Karachi stocks settled in the positive territory last week with KSE-100 index rising 0.3 percent WoW to 33,954.98 points. The trading turnover grew three percent and averaged on 181 million shares valuing down by 10 percent

Published 19 Oct, 2015 12:00am

Lieutenant-General Janjua tipped as new national security advisor

Government is about to appoint a former general as national security advisor, tightening the powerful military's control over security policy and negotiations with India, officials said Sunday. Lieutenant General Naseer Khan Janjua, who retired from the m

Published 19 Oct, 2015 12:00am

Lieutenant-General Janjua tipped as new national security advisor

Government is about to appoint a former general as national security advisor, tightening the powerful military's control over security policy and negotiations with India, officials said Sunday. Lieutenant General Naseer Khan Janjua, who retired from the m

Published 19 Oct, 2015 12:00am

Textile & farm packages, power sector: IMF to seek plausible explanation

The International Monetary Fund (IMF) would seek an explanation from Finance Minister Ishaq Dar and his team on the proposed package for textile sector, Rs 341 billion special farm package and as fraud in power sector revealed by NEPRA during the ninth ma

Published 19 Oct, 2015 12:00am

Textile & farm packages, power sector: IMF to seek plausible explanation

The International Monetary Fund (IMF) would seek an explanation from Finance Minister Ishaq Dar and his team on the proposed package for textile sector, Rs 341 billion special farm package and as fraud in power sector revealed by NEPRA during the ninth ma

Published 19 Oct, 2015 12:00am

Textile & farm packages, power sector: IMF to seek plausible explanation

The International Monetary Fund (IMF) would seek an explanation from Finance Minister Ishaq Dar and his team on the proposed package for textile sector, Rs 341 billion special farm package and as fraud in power sector revealed by NEPRA during the ninth ma

Published 19 Oct, 2015 12:00am

Textile & farm packages, power sector: IMF to seek plausible explanation

The International Monetary Fund (IMF) would seek an explanation from Finance Minister Ishaq Dar and his team on the proposed package for textile sector, Rs 341 billion special farm package and as fraud in power sector revealed by NEPRA during the ninth ma

Published 19 Oct, 2015 12:00am

Currency

THE RUPEE: firmer trend

The rupee moved in a narrow band against the dollar due to comfortable supply of greenback during the week, ended on October 17, 2015. In the interbank market, the rupee gained five paisas against the dollar for buying and selling at Rs 104.37 and Rs 104.

Published 19 Oct, 2015 12:00am

Currency

THE RUPEE: firmer trend

The rupee moved in a narrow band against the dollar due to comfortable supply of greenback during the week, ended on October 17, 2015. In the interbank market, the rupee gained five paisas against the dollar for buying and selling at Rs 104.37 and Rs 104.

Published 19 Oct, 2015 12:00am

Karsaz Martyrs paid tribute: PPP won't allow anyone to undermine Parliament: Zardari

Former President Asif Ali Zardari has paid glowing tributes to the martyrs of Karsaz, Karachi, who laid down their lives while welcoming Shaheed Mohtarma Benazir Bhutto on her return home from exile eight years ago on this day.

Published 19 Oct, 2015 12:00am

Karsaz Martyrs paid tribute: PPP won't allow anyone to undermine Parliament: Zardari

Former President Asif Ali Zardari has paid glowing tributes to the martyrs of Karsaz, Karachi, who laid down their lives while welcoming Shaheed Mohtarma Benazir Bhutto on her return home from exile eight years ago on this day.

Published 19 Oct, 2015 12:00am

Uighur militants eliminated: Asif

Pakistan has eliminated all members of the Uighur militant group the East Turkestan Islamic Movement (ETIM) from its territory, but must remain vigilant to ensure they don't return, the defence minister Khawaja Asif said in Beijing on Sunday.

Published 19 Oct, 2015 12:00am

Uighur militants eliminated: Asif

Pakistan has eliminated all members of the Uighur militant group the East Turkestan Islamic Movement (ETIM) from its territory, but must remain vigilant to ensure they don't return, the defence minister Khawaja Asif said in Beijing on Sunday.

Published 19 Oct, 2015 12:00am

The Weather

The weather report on Sunday (October 18, 2015) and the forecast for Monday (October 19, 2015).

Published 19 Oct, 2015 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (January to June 2015)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 19 Oct, 2015 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (October 12 to 16, 2015).

Published 19 Oct, 2015 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 19 Oct, 2015 12:00am

Wapda to construct dams in Balochistan

Water and Power Development Authority (WAPDA) will construct small and medium dams in Balochistan to conserve water in less developed, remote and far-flung areas. According to a private news channel, in the first phase, five small and medium dams are at d

Published 19 Oct, 2015 12:00am

588 'criminals' held, valuables recovered: Islamabad police official

Special Investigation Unit (SIU) of Islamabad Police arrested 588 criminals during the current year including mostly those involved in heinous crime and recovered valuables worth of Rs 7,14,37,900 from their possession.

Published 19 Oct, 2015 12:00am

Livestock sector KP government concentrating on development

Special Assistant to KP CM on Livestock, Mohibullah Khan has said that the development of livestock sector play crucial role in economic stability, saying the provincial government is taking all possible steps for livestock farmers.

Published 19 Oct, 2015 12:00am

'Pakistan, China committed to safeguarding common regional interests'

Chinese Ambassador to Pakistan, Sun Weidong has said that China and Pakistan were committed to safeguard their common interest in the region.

Published 19 Oct, 2015 12:00am

30kg of explosives recovered: five-member gang of banned outfit held

Police on Sunday arrested five terrorists associated with a banned organisation during a counter terrorism raid in Balakot, Sub-division of district Mansehra, Khyber Pakhtunkhwa and recovered 30kg explosive material from their possession.

Published 19 Oct, 2015 12:00am

Post of MD USC: Interviews from today

Board of Directors (BoDs) of Utility Stores Corporation (USC) is all set to conduct interviews to fill the lucrative post of Managing Director on October 19-20, which is vacant since long due to confrontation between the Board and Ministry of Industries a

Published 19 Oct, 2015 12:00am

Demographic challenge: HC to UK for empowering youth, women through education

Pakistan High Commissioner to UK, Syed Ibne Abbas said on Sunday that PML-N led government was focusing on educating the youth with particular focus on girls' education.

Published 19 Oct, 2015 12:00am

EFU Life eyes top spot in Takaful market

Taher G. Sachak is the Managing Director and Chief Executive of EFU Life. He joined the firm in 1994, after working in UK with Allied Dunbar, Trident Life and Century Life. He is also a Director of EFU General Insurance, Vice Chairman of Allianz EFU Healt

Published 19 Oct, 2015 12:00am

EFU Life eyes top spot in Takaful market

Taher G. Sachak is the Managing Director and Chief Executive of EFU Life. He joined the firm in 1994, after working in UK with Allied Dunbar, Trident Life and Century Life. He is also a Director of EFU General Insurance, Vice Chairman of Allianz EFU Healt

Published 19 Oct, 2015 12:00am

Peace in Karachi

Both PML-N government and Muttahida Qaumi Movement (MQM) have profusely thanked the chief of his own faction of Jamiat Ulema-e-Pakistan (JUI-F), Maulana Fazlur Rahman, for his role that he played in successfully persuading both the sides to reach an amica

Published 19 Oct, 2015 12:00am

UK believes Pakistan going to do something exciting

The UK is betting that Pakistan is going to do something really exciting. We believe Pakistan has the potential to become a strong, modern democracy, with a growing economy, stable and secure.

Published 19 Oct, 2015 12:00am

Some misconceptions about the Fund

The ninth International Monetary Fund (IMF) mandated quarterly review is scheduled for the end of the current month and indications are that there are significant shortfalls in the implementation of the structural as well as quantitative benchmarks that w

Published 19 Oct, 2015 12:00am

Response to the IMF

The staff report on the eighth review of Pakistan's on-going program with the Fund was released a few days ago. This was followed by a long conference call by the Mission Chief, Harold Finger, in which he responded to questions from economic journalists o

Published 19 Oct, 2015 12:00am

Interior Minister's press talk

Addressing a news conference on Wednesday, Interior Minister Chaudhry Nisar Ali Khan, commented on various issues, including the Asghar Khan case and his own strained relations with a cabinet colleague Minister for Water and Power and Defence Khawaja Asif

Published 19 Oct, 2015 12:00am

The energy challenge

Prime Minister Nawaz Sharif chaired yet another cabinet committee on energy meeting and was briefed on the status of ongoing projects, including those under the umbrella of the China-Pakistan Economic Corridor (CPEC), as well as the status of the LNG impo

Published 19 Oct, 2015 12:00am

Support for Merkel's bloc hits 2-1/2 years low on refugee angst

Support for Chancellor Angela Merkel's conservatives has fallen to its lowest since May 2013, hurt by grassroots concerns about the ability of her government to handle a record inflow of refugees, a poll showed on Sunday.

Published 19 Oct, 2015 12:00am

Migrant backlog builds in Balkans after new diversion

Buses packed with migrants backed up on Serbia's border with Croatia on Sunday, their passage to western Europe slowed by a new diversion through Slovenia, which vowed to limit the influx. Many spent the night on the buses, wrapped in warm clothes and bla

Published 19 Oct, 2015 12:00am

Indonesia's Aceh to close churches after pressure from Muslim groups

Authorities in Indonesia's conservative Aceh province said on Sunday several Christian churches would be shut down this week, just days after a mob burned down a church, killing one person and injuring several others.

Published 19 Oct, 2015 12:00am

Malaysia slams China's 'provocation' in South China Sea

China's construction work on islands in the disputed South China Sea is "unwarranted provocation", Malaysia's armed forces chief said on Sunday, in a rare public comment about the spat from a country which has its own claims in the seas.

Published 19 Oct, 2015 12:00am

Montenegro to investigate police use of force at anti-government protests

Montenegro's ruling coalition and opposition parties agreed to call an extraordinary session of the parliament's security committee to investigate whether the police used excessive force at an opposition rally on Saturday evening.

Published 19 Oct, 2015 12:00am

Koppu hits Philippines north, destroys houses, displaces 10,000 people

Powerful typhoon Koppu ploughed into the north-eastern Philippines before dawn on Sunday destroying homes and displacing 10,000 people and whipping up coastal surges four metres (12 feet) high, disaster agency officials said.

Published 19 Oct, 2015 12:00am

Roadside bomb kills two soldiers in Turkey's south-east

Two Turkish soldiers were killed when a roadside bomb hit their vehicle in the province of Tunceli, security sources said on Sunday, bringing the military death toll in two days of violence in the predominantly Kurdish east to six. The sources said a four

Published 19 Oct, 2015 12:00am

French police search VW offices in emissions probe

French police have carried out searches at Volkswagen offices in France, the Paris Prosecutor's office said on Sunday, as part of an investigation following revelations the carmaker rigged vehicle diesel emissions tests.

Published 19 Oct, 2015 12:00am

Sri Lanka says would consider visit by China navy ships

Sri Lanka would consider allowing Chinese naval ships to visit again but no request has been forthcoming yet, the country's defence secretary said on Sunday. Sri Lanka's previous government had caused concern in India with its close ties to Beijing, inclu

Published 19 Oct, 2015 12:00am

Afghan TV stations face Taliban threat after Kunduz

Already forced to operate in one of the world's most hostile environments for journalists, Afghan television stations are now being openly targeted by Islamist insurgents in a widening insurgency that threatens cities across the country.

Published 19 Oct, 2015 12:00am

In crowded Mediterranean, Nato showcases military force

Nato and its allies will open their biggest military exercise in more than a decade on Monday in a show of strength in the central Mediterranean that takes place as Russia seeks to reassert itself across the water in the Levant. While the exercises were p

Published 19 Oct, 2015 12:00am

Pasban-e-Pakistan launched

All parties working with the name of 'Pasban' have agreed to work as 'Pasban-e-Pakistan' party and they vowed to introduce a new politics of service. This was announced by Pasban-e-Pakistan Altaf Shakoor, addressing a crowded press conference at Karachi P

Published 19 Oct, 2015 12:00am

198 councillors out of 384 elected unopposed in Hyderabad: MQM

Deputy Convenor, MQM Rabbita Committee Hyderabad, Shahid Pasha has said that the majority of candidates contesting in local bodies' election have been elected unopposed in Hyderabad district. Addressing a press conference at Hasrat Mohani Home Stand Hall,

Published 19 Oct, 2015 12:00am

Chief Minister GB calls on Shahbaz

Chief Minister Gilgit-Baltistan Hafiz Hafeez Ur Rehman called on Punjab Chief Minister Muhammad Shehbaz Sharif, here on Sunday. Matters of mutual interest and other important matters were discussed during the meeting.

Published 19 Oct, 2015 12:00am

National interest: 'JUI-F and seminaries fighting war'

Provincial chief JUI-F, Khyber Pakhtunkhwa, Maulana Gul Naseeb Khan Sunday said that their party and religious seminaries are fighting the war of the salvation of Islam and Pakistan while United States, India and Israel are busy in hatching conspiracies a

Published 19 Oct, 2015 12:00am

KP terms Islamabad biggest hurdle towards FDI

KP Chief Minister Pervez Khattak has termed federal government as biggest hurdle in foreign investment in mega development projects in Khyber Pakhtunkhwa government. Talking to a 15-member delegation of journalists from Lahore here in CM House, he said ac

Published 19 Oct, 2015 12:00am

PIA brings back 44,036 Hajjis

The Pakistan International Airlines (PIA) has so far ferried 44,036 Hajjis back to the country onboard 162 flights, a spokesman for the national carrier said on Sunday. He said that two more flights of the Hajj operation - PK 7256 and PK 7258 - Sunday lef

Published 19 Oct, 2015 12:00am

PPP renders sacrifices for democracy: Khuhro

Senior Sindh Minister for Information and Education, Nisar Ahmed Khuhro has said that the PPP is representing masses and its leaders Shaheed Zulfiqar Ali Bhutto and Shaheed Mohtarma Benazir Bhutto and workers always struggled and sacrificed their lives fo

Published 19 Oct, 2015 12:00am

Mushahid describes Asian leaders' moot as 'big success'

Senator Mushahid Hussain Sayed, Chairman, Parliamentary Committee on China-Pakistan Economic Corridor (CPEC), and Secretary General of Pakistan Muslim League (PML), has attended the Asian Political Leaders Conference in Beijing on invitation of the Commun

Published 19 Oct, 2015 12:00am

MS, M-Phil & PhD programs 5,747 appear in pre-entry test

University of Sindh conducted a pre-entry test for admissions to Masters, MS / M-Phil and PhD programs at Allama I I Kazi Campus Jamshoro on Sunday. According to details, the pre-entry test was also held for Masters Program at other campuses of the univer

Published 19 Oct, 2015 12:00am

Two killed in road accident near Stadium Road

An over speeding dumper on Sunday knocked down a motorcycle near Stadium Road, leaving two people dead. The victims were rushed to a local hospital where both of them succumbed to their wounds. Sources said that the dumper's driver managed to escape from

Published 19 Oct, 2015 12:00am

Musharraf optimistic about PML unification prospects

All Pakistan Muslim League (APML) chief and former President, General Pervez Musharraf (Retd) has said that the reunification of Muslim League factions is the need of the hour and in the larger interests of country and its people. In a telephonic conversa

Published 19 Oct, 2015 12:00am

Four terrorists among eight suspects held

Law enforcement agencies (LEAs) on Sunday claimed to have arrested eight suspects including four terrorists involved in attacks on security forces in Khyber Pakhtunkhwa. The LEAs conducted raids in different areas of the city including Baldia Town, Jamshe

Published 19 Oct, 2015 12:00am

Protein key to Alzheimer's treatment identified

A protein that appears to be key in the development of Alzheimer's disease has been identified by scientists who say the discovery could provide a new drug target for dementia. Known as GPR3, the protein is believed to play an important role in reducing t

Published 19 Oct, 2015 12:00am

Pluto reveals variety of rich colours

Pluto contains variety of rich colours on its surface, according to observations out on October 15 from NASA's New Horizons probe that stunned astronomers. The probe's first published science results revealed dark red parts at the equator of the dwarf pla

Published 19 Oct, 2015 12:00am

Proper hand washing essential to cut high child death rate: UNICEF

Failing to wash hands with soap - one of the cheapest and most effective health interventions - costs the lives of children and undermines efforts to meet a new set of development goals, the United Nations children's agency (UNICEF) said on October 15.

Published 19 Oct, 2015 12:00am

Sea level rise will swallow Miami, New Orleans

Say goodbye to Miami and New Orleans. No matter what we do to curb global warming, these and other beloved US cities will sink below rising seas, according to a study. But making extreme carbon cuts and moving to renewable energy could save millions of pe

Published 19 Oct, 2015 12:00am

Antibiotic resistance threat to patients

Spreading antibiotic resistance could have disastrous consequences for patients undergoing surgery or chemotherapy, a study said on October 15. In the United States, up to half of infections after surgery and over a quarter of infections after chemotherap

Published 19 Oct, 2015 12:00am

Scientists developing garden of medicines

Australian scientists are developing genetically modified plants containing drugs to treat life-threatening illnesses including cancer, diabetes, heart disease and HIV. David Craik of Queensland University and Marilyn Anderson of La Trobe University said

Published 19 Oct, 2015 12:00am

El Nino could spark large-scale dengue fever epidemic

The weather phenomenon known as El Nino could lead to an epidemic of dengue fever cases in south-east Asia, international researchers said. Cases of dengue fever have been shown to rise along with the ocean warming trend, which occurs some years but not o

Published 19 Oct, 2015 12:00am

Antioxidants speed up cancer spread in mice

Antioxidant supplements that are supposed to boost health and slow ageing could in fact spur the spread of melanoma, the deadliest type of skin cancer, researchers said on October 14. The findings support recent studies showing that an over-the-counter vi

Published 19 Oct, 2015 12:00am

Vast Alpine glacier could almost vanish by 2100 due to warming

One of Europe's biggest glaciers, the Great Aletsch, coils 23 km (14 miles) through the Swiss Alps - and yet this mighty river of ice could almost vanish in the lifetimes of people born today because of climate change. The glacier, 900 metres (2,950 feet)

Published 19 Oct, 2015 12:00am

No-name replacement batteries are short-lived, tests show

If a smartphone demands the power outlet every few hours or a notebook's battery is drained after just a few minutes, it's high time to install new batteries. A German computer magazine, c't, has been checking out if no-name batteries are a good answer.

Published 19 Oct, 2015 12:00am

Large screen for a small computer: Monitors for notebooks

Notebook computers are useful in many situations, but they don't really suit long periods of working, surfing or typing, because the small screen can strain the eyes and the viewing angle lead to neck and back pain.

Published 19 Oct, 2015 12:00am

Google joins funding round for secure messaging service Symphony

Symphony, a financial industry messaging start-up, announced Monday that it has raised $100 million in a new round of funding from backers that included Google. An encrypted messaging platform launched by the year-old company has become a fast-growing riv

Published 19 Oct, 2015 12:00am

Syrians discover new use for mobile phones - finding water

Struggling with frequent water cuts, residents of Syria's battered city of Aleppo have a new way to find the water needed for their daily lives - an interactive map on mobile phones. The online map, created by the Red Cross and accessible through mobile p

Published 19 Oct, 2015 12:00am

Facebook to test mobile app shopping tab

Facebook said Monday that it will begin testing a shopping tab for its mobile app as it works to ramp up advertising and online commerce offerings. Mobile advertising accounts for some three-quarters of the leading social network's revenue, and it is out

Published 19 Oct, 2015 12:00am

Facebook to ramp up video viewing features

Facebook said on Tuesday it is testing an array of features aimed at getting people to watch more videos at the leading social network. The new tools come in a growing challenge to YouTube, which would be side-stepped as viewers flit between videos at Fac

Published 19 Oct, 2015 12:00am

Yahoo Mail upgrade sheds passwords

Yahoo on Thursday set out to make its free email service hip again with upgrades that included getting rid of the need for passwords on mobile devices. Yahoo new email application allows users to sign-in without passwords, which have long been lambasted a

Published 19 Oct, 2015 12:00am

Extra backup a good idea with Apple devices, even if one already exists

Users of Apple's iPhone and iPad devices shouldn't just rely on the company's iCloud system for backing up data, according to a German computer magazine. Although the cloud service automatically makes regular backups of all device contents, it can sometim

Published 19 Oct, 2015 12:00am

Key command brings back accidentally closed tabs

Working long hours these days means visiting lots of websites, which means any browser that's been in use for any length of time will have multiple tabs open. That means any computer user runs the risk of accidentally clicking on the wrong x symbol and, i

Published 19 Oct, 2015 12:00am

Skype on Windows can simultaneously translate now

The newest version of Skype can perform real-time translations of spoken conversations in six languages, the company reports. People using Microsoft's video chat and messaging service have their choice of German, English, Spanish, French, Italian and Mand

Published 19 Oct, 2015 12:00am

Quick download can reveal what Facebook knows about user

Finding out what information Facebook has gathered on a user is relatively simple, requiring little more than a simple instruction to download data. Users should go to Settings, where there is a link offering to "Download a copy of your Facebook data." Cl

Published 19 Oct, 2015 12:00am

ASML new orders down after earnings fall short of forecasts

ASML, a major supplier to semiconductor makers, on October 14 reported a rise in third-quarter earnings that fell short of forecasts and a bigger than expected fall in new orders. The company said some chipmakers were either slowing investments or expect

Published 19 Oct, 2015 12:00am

Al Rajhi Bank third quarter profit rises

Al Rajhi Bank posted its first quarterly rise in net profit in nine quarters on October 13 helped by lower expenses, Saudi Arabia's second-largest listed lender by assets said. Net profit rose 3.6 percent to 1.72 billion riyals ($458.8 million) for the th

Published 19 Oct, 2015 12:00am

Nestle raises its bet on potential $10 billion health business

Nestle, famous for its coffee and chocolate, is stepping up investment in nutritional therapy, a business it believes will eventually generate annual sales of 10 billion Swiss francs ($10.5 billion).

Published 19 Oct, 2015 12:00am

Bank Muscat third quarter net profit rises 15 percent

Bank Muscat, Oman's largest lender, posted a 15 percent increase in third-quarter net profit on October 13, according to Reuters calculations, meeting analysts' estimates on the back of higher net interest income. The bank made a profit of 46.4 million Ri

Published 19 Oct, 2015 12:00am

Bank Muscat third quarter net profit rises 15 percent

Bank Muscat, Oman's largest lender, posted a 15 percent increase in third-quarter net profit on October 13, according to Reuters calculations, meeting analysts' estimates on the back of higher net interest income. The bank made a profit of 46.4 million Ri

Published 19 Oct, 2015 12:00am

Delta Air beats third quarter profit estimate

Delta Air Lines Inc on October 14 reported third-quarter profit that topped analysts' expectations, and it forecast that passenger unit revenue would decline in the fourth quarter year-over-year, although less than it has dropped in the prior two quarters

Published 19 Oct, 2015 12:00am

Delta Air beats third quarter profit estimate

Delta Air Lines Inc on October 14 reported third-quarter profit that topped analysts' expectations, and it forecast that passenger unit revenue would decline in the fourth quarter year-over-year, although less than it has dropped in the prior two quarters

Published 19 Oct, 2015 12:00am

Credit Suisse cuts forecast for global household wealth growth

Global household wealth will grow at 6.6 percent annually, slower than the 7 percent estimated earlier, as the overall economic outlook remains weak, Credit Suisse said. Global household wealth is now expected to rise to $345 trillion in the year ending J

Published 19 Oct, 2015 12:00am

Intel Corp reports better-than-expected quarterly profit

Intel Corp reported better-than-expected quarterly profit and revenue as strong performance in its data centre and Internet-of-Things businesses more than made up for continued weak demand for its chips used in personal computers. Shares of the world's la

Published 19 Oct, 2015 12:00am

Volkswagen to cut investment in core brand to cope with scandal

Volkswagen will cut investment at its biggest division by 1 billion euros ($1.1 billion) a year and speed up cost cutting, the carmaker said on October 13, as it strives to cope with fallout from its cheating of diesel emissions tests. The German company

Published 19 Oct, 2015 12:00am

Currency

Tata Consultancy profit meets forecasts on surge in digital deals

Increased outsourcing of digital technology services by western companies helped Tata Consultancy Services Ltd, India's largest software services exporter, post a 14.5 percent rise in quarterly net profit, meeting market expectations.

Published 19 Oct, 2015 12:00am

Weak trading hits JPMorgan quarterly revenue

JPMorgan Chase & Co, the biggest US bank by assets, reported a 6.4 percent decline in revenue and profit declines in three of its four main businesses, underscoring how weak trading markets and low interest rates have hurt banks in recent months.

Published 19 Oct, 2015 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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