News Archives for Print - 2015-10-26

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Print - 2015-10-26

The Weather

The weather report on Sunday (October 25, 2015) and the forecast for Monday (October 26, 2015).

Published 26 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 26 Oct, 2015 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (October 19 to 22, 2015).

Published 26 Oct, 2015 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 26 Oct, 2015 12:00am

Two arrested for hunting partridges, pigeons

Punjab Wildlife Department has arrested two persons violating the ban on hunting of partridges and pigeons in Mandi Bahauddin and imposed a fine after recovering black and grey partridges and pigeons from their possession.

Published 26 Oct, 2015 12:00am

Heavy snowfall: Thousands of tourists trapped in Kaghan Valley

Thousands of tourists including women and children, traders and local people have been trapped in Kaghan valley due to closure of Naran-Balakot road after heavy snowfall and landslides at various locations on Saturday and Sunday.

Published 26 Oct, 2015 12:00am

Rs 8.2 billion Modarba scam: Mufti Idrees, Malik Bajouri arrested

National Accountability Bureau (NAB), Rawalpindi, has arrested Mufti Muhammad Idrees and Abdul Malik Bajouri, directors of Mufti Ehsan-ul-Haq Fiazzi Group of Industries, on the charges of defrauding public to the tune of Rs8.2 billion in the name of illeg

Published 26 Oct, 2015 12:00am

Railways plans to repossess all encroached land

Pakistan Railways is planning to recover millions of acres of land from illegal occupants after completion of the Land Record Management Information System (LRMS) - to be finalised by June 2016. Official sources in the Ministry told APP that the Railways

Published 26 Oct, 2015 12:00am

Manzoor promoted as GEPCO DG Customer Services

The competent authority has promoted Chaudhry Manzoor Hussain as Director General Customer Services Gujranwala Electric Power Company. Earlier, he was holding the post of Additional Director General Customer Services GEPCO.

Published 26 Oct, 2015 12:00am

Army wins Gold Medal

Pakistan Army Won Gold Medal in International Exercise Cambrian Patrol in the United Kingdom on Sunday. More than 100 countries participated in the competition. In addition to it Pakistan Army has successfully defended its position as it won the competiti

Published 26 Oct, 2015 12:00am

Polio chief hails major turnaround in campaign

Pakistan is one of the last two countries in the world where polio is endemic. Last year it saw the highest number of new polio cases in 17 years, at 306. Ayesha Raza Farooq, the senator leading the government's polio eradication efforts, said the situati

Published 26 Oct, 2015 12:00am

Men and boys need to be part of the global movement to promote women's rights: Nazia Qadir

HeForShe is a solidarity movement for gender equality developed by the United Nations to engage men and boys as advocates and agents of change for the achievement of gender equality and women's rights. PriceWaterhouseCoopers (PwC) globally supports the pr

Published 26 Oct, 2015 12:00am

Men and boys need to be part of the global movement to promote women's rights: Nazia Qadir

Published 26 Oct, 2015 12:00am

General Janjua's appointment as NSA

It is quite heartening to note that the government has finally appointed General Janjua as national security advisor. Although this development is widely seen as army's increasing control over security policy and negotiations with India, this had been war

Published 26 Oct, 2015 12:00am

England celebrates 600th anniversary of Agincourt victory

England was this week celebrating the 600th anniversary of the Battle of Agincourt, one of its greatest-ever battlefield victories, when king Henry V's longbow archers routed the French nobility. The battle on October 25, 1415 saw a heavily-outnumbered En

Published 26 Oct, 2015 12:00am

Rare split at Federal Reserve ahead of policy meeting

Federal Reserve Chair Janet Yellen faces a rare open split among her team of policymakers as they head into a meeting Tuesday and Wednesday to again weigh raising interest rates. A new wave of doubts about the US economy among several Fed officials is alm

Published 26 Oct, 2015 12:00am

Helping the big guns get bigger!

The trickle-down theory supported by the PML-N leadership appears to be stagnating - and not entirely because of external factors as the Dar-led Finance Ministry would have us believe but due to prevalent economic policies.

Published 26 Oct, 2015 12:00am

Enough is enough

Covering face, hands or, feet by women is advisable but not mandatory in Islam, says chairman of Council of Islamic Ideology, Maulana Mohammad Khan Sherani - certainly an improvement over his earlier take on the same subject. Last year, he had proposed th

Published 26 Oct, 2015 12:00am

Improvement in Current Account

Thanks mainly to a sharp reduction in oil prices in the international market and a consistent increase in home remittances, current account (C/A) balance of the country has shown a considerable improvement in recent months. According to the latest data re

Published 26 Oct, 2015 12:00am

'Government intends to start renewable power projects'

The government is taking necessary measures for development of renewable energy and various projects in collaboration of the private sector. Sources at the Ministry of Water and Power told on Sunday that an investment of more than one billion dollars has

Published 26 Oct, 2015 12:00am

Silencing doubts, Geeta the lost Indian girl prepares to go home

Accidentally stranded in Pakistan for more than a decade, the young deaf-mute woman shows off a single treasured photograph of the people she believes are her long-lost family in India and who she will soon travel to meet.

Published 26 Oct, 2015 12:00am

Shia activist gunned down

A Shia activist Muhammad Nawaz who was an employee of Livestock Department was gunned down in village Bet Mir Hazar Khan (Jatoi) some 120km south west of Multan on Friday evening. Family sources said that Nawaz had received a phone call from unidentified

Published 26 Oct, 2015 12:00am

LeJ claims Jacobabad blast

The extremist group Lashkar-e-Jhangvi (LeJ) has claimed responsibility for a suspected suicide bombing which left 24 dead in Jacobabad, a minister said Saturday. Suhail Anwer Siyal, home minister, said the banned group had admitted being behind the attack

Published 26 Oct, 2015 12:00am

Youm-e-Ashura held peacefully: mourners reaffirm allegiance to Imam Hussain (RA)

Ashura procession to commemorate the Karbala tragedy and pay tributes to Imam Hussain (RA) and his companions was held in the city on Saturday amid tight security arrangements.

Published 26 Oct, 2015 12:00am

JI leader advocates 'Islamic economic system'

Secretary General Jamaat-e-Islami (JI) Liaqat Baloch has said that rulers are considering visit to United States as permit to paradise, saying not demanding the release of Afia Siddiqui by the Prime Minister Nawaz Sharif has dejected the nation.

Published 26 Oct, 2015 12:00am

Youm-e-Ashura observed in KP amid tight security

Amid tight security arrangements, suspension of mobile, and wireless internetservice, the 'Yaum-e-Ashura' was observed to commemorate the martyrdom of Hazarat Imam Hussain (AS), grandson of Prophet Hazarat Muhammad (PBUH) and his companions in Karbala.

Published 26 Oct, 2015 12:00am

Militant among 92 suspects arrested in Swat

Counter-Terrorism Department of KP police have arrested 93 suspects including a militant wanted in attacks on forces during a search operation in Shor area of district Swat. The suspected militant Akhtar Ali, son of Aser Ali, resident of Doglai, Upper Sho

Published 26 Oct, 2015 12:00am

Attacks on minorities, Dalits condemned

Former Indian Navy chief Admiral Laxminarayan Ramdas has written an open letter to President Pranab Mukherjee and Prime Minister Narendra Modi condemning the attacks on minorities and Dalits under the rule of the current government. "The Hinduism I knew a

Published 26 Oct, 2015 12:00am

Two 'terrorists' killed, four arrested in Washuk operation

Frontier Corps (FC) personnel and officials of intelligence agencies on Sunday conducted a joint raid in Washuk district of Balochistan and killed as many as two alleged terrorists and arrested four others. FC spokesman told the media that the operation w

Published 26 Oct, 2015 12:00am

Seven killed, 15 injured in accidents

At least seven persons were killed while 15 others injured in two road accidents near Makran Coastal Highway, some 140km away from Tehsil Uthal of Lasbella district on Sunday. According to Levies sources, a Karachi-bound bus, carrying passengers from Mand

Published 26 Oct, 2015 12:00am

Traffic deaths preventable: WHO

Countries must introduce tougher laws to prevent drivers from speeding or drinking and help reduce the toll of 1.25 million people killed each year in traffic accidents, the World Health Organisation said on October 19. The United States, Indonesia and Ni

Published 26 Oct, 2015 12:00am

Women urged to wait until 45 for breast cancer screenings

In a controversial shift, a leading US medical association on October 20 urged women to wait until the age of 45 before getting an annual mammogram to screen for breast cancer. The American Cancer Society previously recommended women be screened each year

Published 26 Oct, 2015 12:00am

Prolonged exposure to low doses of radiation ups cancer risk

Prolonged exposure to even low doses of radiation increases the risk of cancer, according to a new study of workers in the nuclear sector in Britain, France and the United States.

Published 26 Oct, 2015 12:00am

Dengue fever sweeps Asia

Thousands of people in Asia have been struck by dengue fever in recent months, putting medical services under strain and highlighting the need for a long-term strategy to fight the potentially lethal disease. The Philippines, Myanmar, Malaysia, Taiwan, Th

Published 26 Oct, 2015 12:00am

Sunscreen chemical blamed for harm to coral reefs

Sunscreen contains a chemical that scientists believe is causing massive damage to coral reefs world-wide and threatens their very existence, researchers warn. Oxybenzone - also known as BP-3 or Benzophenone-3 - is found in more than 3,500 sunscreen produ

Published 26 Oct, 2015 12:00am

SE Asia haze 'could last until year-end'

The haze suffocating Southeast Asia could last for another month, Malaysia's environment minister warned on October 19, while a forestry expert said it could even take until year-end to clear the air. Indonesia earlier this month agreed to accept internat

Published 26 Oct, 2015 12:00am

Major aspirin anti-cancer trial launches in UK

The world's largest ever clinical trial into whether taking a daily dose of aspirin can stop five common cancers from recurring was launched in Britain on October 22. The Add-Aspirin phase III trial will recruit 11,000 patients who have recently had - or

Published 26 Oct, 2015 12:00am

Unplugging the phone - wireless charging has still to take off

Wireless charging for phones has been around for a while now, but it hasn't so far made much of an impact. However, improvements in the technology and the participation of companies like IKEA may see it take off at last.

Published 26 Oct, 2015 12:00am

Friendly robot Pepper makes European debut in France

A humanoid robot name Pepper designed as an upbeat companion made its European debut on Tuesday helping shoppers with wine, and more, in a major shop in France. The test run involves seven robots stationed in different parts of a Claye-Souilly region Carr

Published 26 Oct, 2015 12:00am

YouTube announces music app, ad-free subscription service

YouTube on Wednesday announced a new paid subscription service that would eliminate advertisements as the video service behemoth looks to better tap its vast commercial potential. YouTube, which is owned by search engine giant Google and claims more than

Published 26 Oct, 2015 12:00am

Google offering free Apps for Work to some customers

Google Inc announced on Monday that it will offer its Apps for Work suite free to businesses currently locked into agreements with other office software vendors. Normally, businesses pay $5 per user per month for a basic version of Apps for Work or $10 pe

Published 26 Oct, 2015 12:00am

Twitter to 'reboot' growth, relationship with developers: Dorsey

Twitter chief executive Jack Dorsey said Wednesday that the struggling messaging platform is in the midst of "rebooting" as it seeks to fulfil what he sees as its vital mission as a rapid source of information.

Published 26 Oct, 2015 12:00am

New York Times teams with Google on virtual reality project

The New York Times and Google announced plans Tuesday to team up on a virtual reality project which will distribute more than a million of the tech firm's Cardboard viewers. The low-tech gadget, which sells for as little as $4 and allows people to

Published 26 Oct, 2015 12:00am

Facebook tweaks search to shine light on hot topics

Facebook on Thursday boosted its search capabilities to let people find and dive into conversations about news publicly shared at the leading social network.

Published 26 Oct, 2015 12:00am

New iPhones only a slight improvement, German test finds

Whoever can manage without the most up-to-the-minute technology and latest features can also safely skip the newest iteration of the iPhone, a test by a German consumer organisation has found. Stiftung Warentest tested the new iPhone 6S and 6S Plus and fo

Published 26 Oct, 2015 12:00am

Facebook Instant Articles hit iPhones

A new Facebook feature that quickly displays news stories shared by friends at the leading social network arrived on iPhones on Tuesday and was heading for Android-powered devices. "We are excited to get this program going," Facebook chief product officer

Published 26 Oct, 2015 12:00am

Preview lets wanderers check out Microsoft's Bing Maps overhaul

Microsoft's Bing Maps is set to get a new design and an intuitive interface, with a test version already available for anyone curious enough to want a peek and give it a spin. Map services will be expanded with the overhaul, with search results now runnin

Published 26 Oct, 2015 12:00am

'Samsung Electronics to advance launch of next Galaxy S phone'

Samsung Electronics Co Ltd plans to bring forward the unveiling of its next Galaxy S smartphone to January in an attempt to compete better with rival Apple Inc's new iPhones, South Korea's Electronic Times reported on Tuesday, citing unnamed sources.

Published 26 Oct, 2015 12:00am

WhatsApp chats to be saveable soon in Google Drive

Users of WhatsApp will soon be able to save their chat history, voice messages, photos and videos in Google Drive, the cloud storage service of US search giant Google. The new backup feature will allow users to restore everything to a new device. However,

Published 26 Oct, 2015 12:00am

Sudden removal of battery can put mobile phone down for the count

Removing a battery from a mobile phone while it is running can leave the phone unable to function properly once the battery is replaced, warns a German product testing agency. In such cases, the reassembled phone might not recognise that the battery is ch

Published 26 Oct, 2015 12:00am

New Credit Suisse boss unveils shakeup as profits fall

After four months at the helm of Credit Suisse, chief executive Tidjane Thiam announced on October 21 a sweeping Asia-focused overhaul of the bank that will axe thousands of jobs and raise billions in fresh capital. Franco-Ivorian Thiam revealed the new s

Published 26 Oct, 2015 12:00am

Caterpillar reports big drop in third quarter profits

Industrial giant Caterpillar reported a big drop in third-quarter profits on October 22 and projected lower sales in 2016 due to weakness in the energy and mining sectors. Earnings for the quarter ending September 30 came in at $368 million, down 63.8 per

Published 26 Oct, 2015 12:00am

Caterpillar reports big drop in third quarter profits

Published 26 Oct, 2015 12:00am

Airbus taps Siemens executive to run defence business

Airbus Group has named Siemens executive Dirk Hoke as the next head of its Defence and Space division, recruiting an industrial high-flyer with no previous aerospace experience to regenerate its second-largest division. Hoke, 46, will join Europe's larges

Published 26 Oct, 2015 12:00am

Yahoo revenue falls, signs ad pact with Google

Yahoo Inc reported quarterly revenue and profit below analyst estimates on October 20 in the latest setback for Marissa Mayer's efforts to turn around the company. Yahoo, whose shares were down slightly in extended trading, also said it had signed a searc

Published 26 Oct, 2015 12:00am

ABB posts third quarter profit of $577 million

Swiss power grids maker ABB posted better-than-expected third-quarter net profit on October 21 as it cut costs to offset sluggish business with oil and gas customers and amid slowing growth in China and the United States, its two biggest markets.

Published 26 Oct, 2015 12:00am

ABB posts third quarter profit of $577 million

Published 26 Oct, 2015 12:00am

Dubai's Nakheel third quarter net profit rises four percent

Dubai's Nakheel achieved a 4 percent rise in third-quarter net profit, Reuters calculations showed, after the state-owned developer announced its nine-month results on October 21. Nakheel, which agreed a $16 billion debt restructuring in August 2011, made

Published 26 Oct, 2015 12:00am

Dubai's Nakheel third quarter net profit rises four percent

Published 26 Oct, 2015 12:00am

Halliburton revenue misses on weak drilling in North America

Halliburton Co, the world's No 2 oilfield services provider, reported a bigger-than-expected 36 percent drop in quarterly revenue, hurt by weak drilling activity and pricing in North America.

Published 26 Oct, 2015 12:00am

Tougher times ahead for Islamic finance as core markets slow

A decision by DBS Bank to wind down a joint venture with Gulf investors is more than a setback for Singapore's biggest lender - it's a sign that tougher times lie ahead for Islamic finance world-wide.

Published 26 Oct, 2015 12:00am

AJK leaders hail Prime Minister for highlighting Kashmir issue

The top leadership of Azad Jammu and Kashmir on Sunday appreciated Prime Minister Nawaz Sharif for taking up Kashmir issue and urging its early peaceful solution during his recent visit to the United Sates. Commenting on the Prime Minister's visit to the

Published 26 Oct, 2015 12:00am

First phase of LG polls in Sindh, Punjab on October 31

The first phase of local government elections in Sindh and Punjab will begin on October 31. The polling will be conducted the same day on October 31.

Published 26 Oct, 2015 12:00am

Prices of essential food items show firmness

Prices of most of the essential commodities have remained stable during last week, except slightly increase in rates of rice, cooking oil/ghee, flour and chicken in retail and wholesale markets, according to survey conducted by Business Recorder he

Published 26 Oct, 2015 12:00am

Kashmiris to observe 'black day' on October 27

Kashmiris from across the Line of Control (LoC) and the world over will observe Black Day on Tuesday to convey the message that India has occupied Jammu & Kashmir against their will and denying their inalienable right to self determination. It was on 27th

Published 26 Oct, 2015 12:00am

Assessment order held vindictive & biased: FTO spells out law to initiate disciplinary action

Federal Tax Ombudsman (FTO) rules that Section 2(3) (VII) of FTO Ordinance, 2000 provides disciplinary action against an officer whose order of assessment is held by a competent appellate authority to be vindictive, capricious, biased or patently illegal.

Published 26 Oct, 2015 12:00am

Senate panel concerned at declining textile exports

Chairman, Senate Standing Committee on Textile, Senator Mohsin Aziz has expressed concern over declining textile export of the country, and asked the government to take pragmatic measures to cope with the situation. "The government should be worrisome abo

Published 26 Oct, 2015 12:00am

Youm-e-Ashura observed amid tight security

Youm-e-Ashur on Saturday was observed throughout the country with due solemnity and reverence to pay homage to the sacrifices of Hazrat Imam Hussain (RA) and his companions at Karbala. On this occasion, mourning, Alam, Zuljinah and Taazia processions were

Published 26 Oct, 2015 12:00am

World Audio Visual Heritage day on October 27

World Audio Visual Heritage day will be observed on October 27 across the globe to highlight the value of Audio Visual documents, such as films, radio and television programmes, audio and video recordings that contain the primary records of the 20th and 2

Published 26 Oct, 2015 12:00am

JI demands repatriation of TDPs before fall of winter

Jamaat-e-Islami (JI) chief, Senator Siraj-ul-Haq has called for taking immediate and effective steps for repatriation of TDPs to their houses before the fall of the winter season and to save them from the miserable life of camps. He was addressing a donor

Published 26 Oct, 2015 12:00am

Vietnam seeks new tools to beat bad-debt woes, eyes China-style market

With a shabby facade, bars on its windows and flanked by a hair salon and a knockoff clothing store, the Vietnam Asset Management Company (VAMC) looks more like a backstreet pawnshop than a much-heralded bad-debt bank.

Published 26 Oct, 2015 12:00am

Vietnam seeks new tools to beat bad-debt woes, eyes China-style market

Published 26 Oct, 2015 12:00am

BP to begin north Alexandria gas output in early 2017

British oil major BP will begin gas production at its north Alexandria concession in early 2017 rather than mid-2017, Egypt's petroleum minister Tarek El Molla said at a news conference on Saturday. The offshore concession's output will be roughly "450 mi

Published 26 Oct, 2015 12:00am

USAA says switches to Visa from MasterCard

USAA, one of the largest US issuers of debit and credit cards, is switching to Visa Inc from its long-time partner, MasterCard Inc, the company said on its website.

Published 26 Oct, 2015 12:00am

UAE cabinet approves slightly smaller federal budget for 2016

The cabinet of the United Arab Emirates approved a slightly smaller federal budget for 2016, state news agency WAM reported on Sunday, in a sign that the country is curbing expenditure because of low oil prices.

Published 26 Oct, 2015 12:00am

Cotton

Japan, Uzbekistan sign deals worth more than $8.5 billion

Japan and Uzbekistan signed deals worth more than $8.5 billion on Sunday, including investment to explore new hydrocarbon reserves in the central Asian nation, Uzbek President Islam Karimov said after meeting visiting Japanese Prime Minister Shinzo Abe. J

Published 26 Oct, 2015 12:00am

UK government under pressure over welfare cuts for poor

British Prime Minister David Cameron's government faced a growing row Sunday over plans to cut welfare payments for low-income workers on the eve of a highly sensitive vote in parliament. Finance minister George Osborne, a possible successor to Cameron an

Published 26 Oct, 2015 12:00am

Kuwait's Zain extends earnings slump

Zain, Kuwait's No.1 telecom operator by subscribers, reported an 18 percent fall in third-quarter profit on Sunday, extending a sustained earnings slump as increased taxes in Iraq and foreign exchange losses weighed on the bottom line.

Published 26 Oct, 2015 12:00am

Oil at $80 seen as ideal in next phase: UAE economy minister

The level of $80 a barrel is seen as an ideal price for oil as the world economy moves to higher growth, the United Arab Emirates' Minister of Economy Sultan bin Saeed al-Mansouri said on Sunday. "The minister of energy looks at $80 as the ideal price of

Published 26 Oct, 2015 12:00am

Airbus boss calls on Germany to open up labour market to refugees

Germany should deregulate its labour market and create more lower-paid jobs to help refugees find work and integrate better into society, the head of Europe's largest aerospace group Airbus said on Sunday. Germany expects at least 800,000 migrants to arri

Published 26 Oct, 2015 12:00am

Scarcity of affordable housing drives German deal frenzy

Frantic deal-making in the German property market has spotlighted the scarcity of housing in the country and thrown into sharp relief the influx of up to one million refugees fleeing war and poverty.

Published 26 Oct, 2015 12:00am

China to donate fuel to Nepal

China will supply Nepal with 1.3 million litres of fuel to ease crippling shortages after protests over a new constitution blocked imports from India, a Nepali official said Sunday. Scores of trucks have been stranded at a key India-Nepal border checkpoin

Published 26 Oct, 2015 12:00am

Afghan carrier Safi Airways plans to expand in next three years: CCO

Afghan carrier Safi Airways plans to aggressively expand in the coming three years and will approach Airbus and Boeing about aircraft purchases, its chief commercial officer said on Sunday. Business is growing, driven by demand, Joshua Bustos told a confe

Published 26 Oct, 2015 12:00am

Swiss low rates could last decades: financial regulator

Switzerland's low interest rate environment could last years or possibly decades, the country's financial regulatory chief told a Swiss newspaper on Sunday.

Published 26 Oct, 2015 12:00am

City on top after derby stalemate, Sunderland stroll

Manchester City returned to the top of the Premier League after grinding out a 0-0 draw against arch rivals Manchester United, while Sunderland crushed 10-man Newcastle 3-0 in a record-breaking north-east derby on Sunday. A forgettable 170th Manchester de

Published 26 Oct, 2015 12:00am

Pakistan press for victory after Younis ton

Pakistan grabbed three wickets including the key scalp of Alastair Cook to sense victory in the second Test against England after Younis Khan smashed a century in Dubai on Sunday. Pakistan will need another seven wickets to force a 1-0 lead in the three-m

Published 26 Oct, 2015 12:00am

Ferrer boosts London hopes with Vienna title

David Ferrer moved up to joint seventh in the race for a place at the year-ending World Tour Finals with a 4-6, 6-4, 7-5 win over Steve Johnson in the Austrian Open final Sunday.

Published 26 Oct, 2015 12:00am

Rain washes out fourth day's play in Colombo

The fourth day's play in the second and final Test between Sri Lanka and West Indies was washed out due to persistent rain on Sunday. West Indies will resume their second innings on 20 for one on the final day and need another 224 runs for a series-levell

Published 26 Oct, 2015 12:00am

Berdych downs Sock for third Stockholm title

Czech top seed Tomas Berdych defended his Stockholm title on Sunday with a 7-6 (7/1), 6-2 victory over surprise finalist Jack Sock of the United States. It was world number five Berdych's 12th career title and second this year after winning in Shenzhen at

Published 26 Oct, 2015 12:00am

Sharapova wins marathon to put stamp on WTA Finals

Maria Sharapova won a three-set marathon against Agnieszka Radwanska as she shrugged off injury concerns and laid down a significant marker at the WTA Finals on Sunday. The Russian had not completed a match since the Wimbledon semi-finals after leg and fo

Published 26 Oct, 2015 12:00am

New Zealand practise batting in drawn tour game

New Zealand's two-day tour match with a Cricket Australia XI ended in a draw Sunday, with bowlers frustrated after just four wickets fell in 172 overs but batsmen welcoming invaluable practice. At stumps the Black Caps held a 43-run first innings lead ahe

Published 26 Oct, 2015 12:00am

Big-scoring South Africa thrash India to win ODI series

Quinton de Kock, Faf du Plessis and AB de Villiers all hit centuries as South Africa thrashed India by 214 wins on Sunday to clinch the five-match one-day international series. The Proteas batted first at a sweltering Wankhede Stadium in Mumbai and made a

Published 26 Oct, 2015 12:00am

Italy privatisation values post office at 8.8 billion euros

Italy revealed Friday the price for a partial privatisation of the post office, which values the business at 8.8 billion euros ($9.7 billion) and delivers a boost to debt-laden state coffers. Describing it as the biggest privatisation in Europe this year,

Published 26 Oct, 2015 12:00am

Currency

Smartphones put power to deal currencies into retail traders' hands

Once the preserve of big international banks, smartphones are putting the power to deal currencies into the hands of a new cohort of traders, who can make a fortune - or lose their shirt - on the bus to work. Retail foreign exchange trading has grown rapi

Published 26 Oct, 2015 12:00am

Currency

Hungary's forint to join CLS currency settlement system

Hungary's forint will be the first central and eastern European currency to be added to the CLS settlement system within the next few weeks, the company told Reuters on Thursday. CLS is a specialist US financial institution that provides settlement servic

Published 26 Oct, 2015 12:00am

BoJ meeting, earnings season in focus for Tokyo investors

A central bank meeting and the start of Japan's latest earnings season will be among the key trading cues for Tokyo investors next week amid speculation policymakers could pull the trigger on more stimulus. The Bank of Japan meets Friday for a policy-sett

Published 26 Oct, 2015 12:00am

Saudi Arabia's bourse continues sliding, most other Gulf bourses firm

Saudi Arabia's stock market fell further on Sunday because of worries that low oil prices would force Riyadh into spending cuts and tax increases, although most other Gulf markets rose in response to a strong tone for global equities. The Saudi stock inde

Published 26 Oct, 2015 12:00am

Currency

Egyptian pound steady

Egypt's central bank kept the pound steady at a dollar sale on Sunday, as it sold $37.8 million at a cut-off price of 7.9301 pounds per dollar. The pound strengthened, however, on the parallel market. The official cut-off price was unchanged from Thursday

Published 26 Oct, 2015 12:00am

Currency

China says outflows normal, no panic capital flight

Recent outflows of money from China are "normal" and not a sign of panic capital flight, a senior official at the foreign exchange regulator said on Thursday, downplaying fears over growing outflows as the economy slows. China is confident in keeping inte

Published 26 Oct, 2015 12:00am

Fantasy fights and sham shoot-ups lure investors to E-sports stocks

Paying to watch people play computer games may seem curious to some, but it is catching on not only in sporting arenas but also on the stock market and business world. While many financiers have been glued to the Rugby World Cup, London has also hosted th

Published 26 Oct, 2015 12:00am

Previous Day

Forex
World
Commodity

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

Gainers
Losers
Leaders

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
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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