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Nov 22, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-11-24
Brussels schools, metro to reopen

Brussels schools, metro to reopen

Schools and the underground train system in Brussels will reopen Wednesday but the country remains under the highest level of alert for a fourth straight day due to a continuing terrorism threat, Belgian Prime Minister Charles Michel said. "The crisis cen
Published 24 Nov, 2015 12:00am
Dubai blaze disrupts metro

Dubai blaze disrupts metro

A massive blaze engulfed three residential blocs in central Dubai and led to services on a metro line being suspended on Monday, local media reported. The fire broke out in the Al-Shamsi buildings in the city's Deira neighbourhood, across the road from th
Published 24 Nov, 2015 12:00am
Migrants sew lips in Greek-Macedonia border protest

Migrants sew lips in Greek-Macedonia border protest

At least five migrants stuck on the Greek-Macedonian border on Monday sewed their lips in protest at not being allowed to continue their journey to Europe, AFP reporters said. The men, who say they are from Iran and threaten to go on hunger strike, have b
Published 24 Nov, 2015 12:00am
US troops begin training Ukrainian regular forces

US troops begin training Ukrainian regular forces

US military experts on Monday began training Ukrainian soldiers and special operations forces in the war-torn country, the Pentagon said. US troops had already deployed in small numbers to Ukraine to train National Guard forces, but under a plan first ann
Published 24 Nov, 2015 12:00am
Russian court bans Church of Scientology in Moscow

Russian court bans Church of Scientology in Moscow

A Russian court on Monday banned the activities of the Moscow branch of the Church of Scientology, in the latest round in a long-running battle between the Russian authorities and the US-based organisation, Russian news agencies reported. The Moscow City
Published 24 Nov, 2015 12:00am
Obama slaps sanctions on crisis-torn Burundi's No 2

Obama slaps sanctions on crisis-torn Burundi's No 2

President Barack Obama slapped sanctions on Burundi's Public Security Minister Alain Guillaume Bunyoni - the regime's number two - and three others Monday, linking them to the country's descent into violence. The US action imposes visa restrictions on the
Published 24 Nov, 2015 12:00am
Israeli soldier, three Palestinians

Israeli soldier, three Palestinians

An Israeli soldier and three Palestinian attackers were killed in another day of violence Monday, on the eve of US Secretary of State John Kerry's visit in a bid to ease the bloodshed. The soldier was stabbed to death while another was seriously wounded i
Published 24 Nov, 2015 12:00am
Kerry rallies Gulf Arabs behind renewed anti-IS push

Kerry rallies Gulf Arabs behind renewed anti-IS push

US Secretary of State John Kerry travelled to the Gulf on Monday to stress the urgent need to unite a region riven by conflict against the threat from the jihadist Islamic State group. Kerry believes his ambitious plan to bring Syria's other warring parti
Published 24 Nov, 2015 12:00am
NUML organises annual book fair

NUML organises annual book fair

National University of Modern Languages (NUML) arranged 2-day annual Book Fair 2014 to revive the tradition of book reading among the young, particularly students. The annual book fair was arranged by the NUML Office of Research, Innovations and Commercia
Published 24 Nov, 2015 12:00am
KP PA informed 15 out of 350 micro-hydel power projects completed

KP PA informed 15 out of 350 micro-hydel power projects completed

Khyber Pakhtunkhwa Assembly on Monday told that out of the total 350 identified micro-hydel projects 15 projects have been completed while work on 105 other was in progress. This was disclosed by Khyber Pakhtunkhwa Minister for Education and Energy and Po
Published 24 Nov, 2015 12:00am
Jamshoro district MQM urges ECP to declare elections null & void

Jamshoro district MQM urges ECP to declare elections null & void

MQM Jamshoro Zone has demanded the Election Commission of Pakistan to declare the second phase of local bodies' elections null and void held in Jamshoro District held on November 19. In charge Jamshoro Zone, Ayub Khan said this while addressing a press co
Published 24 Nov, 2015 12:00am
Food department procures record stock of wheat from farmers

Food department procures record stock of wheat from farmers

Sindh Food Department during past two fiscal years had purchased a record amount of 1,574,000 tons of wheat from the local farmers at the special support rates fixed by the government, said Provincial Minister Manzoor Hussain Wassan here Monday. Talking t
Published 24 Nov, 2015 12:00am
International Hindko conference concludes

International Hindko conference concludes

Gandhara Hindko Board and Gandhara Hindko Academy organised a three-day International Hindko Conference at Archive Hall Peshawar which concluded on Monday. The moot was attended by writers, poets, researchers and scholars from the country and abroad. Dele
Published 24 Nov, 2015 12:00am
PSM clarification

PSM clarification

Reference is made to a news item entitled "Ex-PSM chief Qayyum, others to quiz management" carried in Daily Business Recorder, Karachi, dated: 22.11.2015. The spokesman PSM clarified that the mill was revived at 65% CAPU on 12th March 2015, but Gas
Published 24 Nov, 2015 12:00am
Lord Nazir-led team meets DG NAB Karachi

Lord Nazir-led team meets DG NAB Karachi

The visiting British delegation headed by Lord Nazir Ahmed met DG NAB Colonel Siraj ul Naeem (Retd). He was accompanied by his team members, Martin Hyde, Researcher in the Cybercrime and Digital Forensic Consultancy Firm Stuart Hyde Associates Ltd UK. His
Published 24 Nov, 2015 12:00am
Noon Pakistan Limited (NOPK)

Noon Pakistan Limited (NOPK)

Noon Group of companies is Pakistan's one of the oldest business groups. The group was established by the prominent Noon family of Punjab. Noon Pakistan Limited - was incorporated in 1966 as a public company. Currently, the family owns a diversified portf
Published 24 Nov, 2015 12:00am
Noon Pakistan Limited (NOPK)

Noon Pakistan Limited (NOPK)

Noon Group of companies is Pakistan's one of the oldest business groups. The group was established by the prominent Noon family of Punjab. Noon Pakistan Limited - was incorporated in 1966 as a public company. Currently, the family owns a diversified portf
Published 24 Nov, 2015 12:00am
Bomb found near CTD office

Bomb found near CTD office

A bomb was found outside the office of Counter Terrorism Department (CTD) located in Civil Line on Monday. The office of the CTD was evacuated before the Bomb Disposal Squad (BDS) combed the venue and found a bomb placed in shopping bag. Later, the BDS te
Published 24 Nov, 2015 12:00am
Team Pakistan wins 3 Gold, 1 Silver Awards at APICTA

Team Pakistan wins 3 Gold, 1 Silver Awards at APICTA

The Pakistan Software Houses Association for IT & ITES (P@SHA) announced that Team Pakistan won three Gold Awards and 1 Silver Award at the Asia Pacific ICT Awards (APICTA) 2015 ceremony held in Colombo, Sri Lanka on Saturday night. Leading the way with t
Published 24 Nov, 2015 12:00am
Farmers asked to cultivate winter vegetables on time
Cotton

Farmers asked to cultivate winter vegetables on time

Night-time temperature in agriculture plains of the country is expected to drop by maximum two degree centigrade till Dec1, Met Office has said. However, daytime temperature is expected to be normal in the plains, the office said, asking the farmers to cu
Published 24 Nov, 2015 12:00am
Five suspects held in Barkhan

Five suspects held in Barkhan

At least five suspects were arrested during search operation in Nahar-Kot area of Barkhan district in Balochistan on Monday. According to FC spokesman, the frontier corps personnel launched a search operation in the area against suspected terrorists and c
Published 24 Nov, 2015 12:00am
Traders ask FBR to simplify ST return process

Traders ask FBR to simplify ST return process

The Federal Board of Revenue since long convincing the traders and businessmen to come into tax net by spending million of rupees in advertisement in press but the ground realities are quite indifferent specially in filing of sales tax return by genuine t
Published 24 Nov, 2015 12:00am
Traders ask FBR to simplify ST return process

Traders ask FBR to simplify ST return process

The Federal Board of Revenue since long convincing the traders and businessmen to come into tax net by spending million of rupees in advertisement in press but the ground realities are quite indifferent specially in filing of sales tax return by genuine t
Published 24 Nov, 2015 12:00am
PBIF chief hails Pak-Russia cooperation in gas field

PBIF chief hails Pak-Russia cooperation in gas field

Pakistan Businessmen and Intellectuals Forum's (PBIF) president Mian Zahid Hussain has said that inauguration of Karachi-Lahore gas pipeline by Russian president will bring the two countries more closer, besides giving a new lease of life to the industrie
Published 24 Nov, 2015 12:00am
Travel agents flay raids, arrests, harassment by FIA

Travel agents flay raids, arrests, harassment by FIA

Travel Agents' Association of Pakistan (Taap) on Monday appealed Prime Minister Nawaz Sharif and Federal Minister for Interior Chaudhry Nisar Ali for immediate intervention against the arrest of license-holder and taxpayer travel agents. Addressing a pres
Published 24 Nov, 2015 12:00am
Riyadh Edrees elected chief of Meezan Bank's BoDs

Riyadh Edrees elected chief of Meezan Bank's BoDs

The newly-appointed Board of Directors of Meezan Bank Ltd has unanimously elected Riyadh S A A Edrees as the Chairman of the Board. Edrees represents the largest shareholder of Meezan Bank, Noor Financial Investment Company and is the Deputy CEO of Nation
Published 24 Nov, 2015 12:00am
Mobile phone operator: SECP Appellate Bench sets aside order

Mobile phone operator: SECP Appellate Bench sets aside order

The Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) Monday set aside an order issued against a mobile phone operator by the Enforcement Division of the commission. The SECP Bench comprising Fida Hussain Samoo Commissioner Insu
Published 24 Nov, 2015 12:00am
TCKP, PR organise safari train tour for students

TCKP, PR organise safari train tour for students

Tourism Corporation Khyber Pakhtunkhwa (TCKP) in collaboration with Pakistan Railways and Sehrai Tours organised a daylong safari train tour from Peshawar to Attock Khurd and the adjacent historical sites in commemoration with Allama Iqbal Day. The tour w
Published 24 Nov, 2015 12:00am
Newly appointed US envoy calls on Fatemi

Newly appointed US envoy calls on Fatemi

The newly arrived Ambassador-designate of the US to Pakistan, David Hale, made his first courtesy call on the Special Assistant to the Prime Minister on Foreign Affairs (SAPM), Syed Tariq Fatemi here on Monday. The Special Assistant welcomed Ambassador Ha
Published 24 Nov, 2015 12:00am
Tariq Fazal takes oath as state minister

Tariq Fazal takes oath as state minister

President Mamnoon Hussain Monday administered the oath of office to MNA Tariq Fazal Chaudhry as State Minister at a special ceremony held here at the Aiwan-e- Sadr. Chairman Privatisation Commission Muhammad Zubair, the members of Parliament and senior go
Published 24 Nov, 2015 12:00am
'Pirated windows' ratio still higher in Pakistan'

'Pirated windows' ratio still higher in Pakistan'

Microsoft Pakistan Country Manager Nadeem Malik on Monday said that Pakistan is among the countries where pirated windows ratio is highest. The under consideration "cyber law" is crucial to protect idea protection, ensure and respect Intellectual Property
Published 24 Nov, 2015 12:00am
Easypaisa, Standard Chartered to launch 'Straight2Bank Wallet'

Easypaisa, Standard Chartered to launch 'Straight2Bank Wallet'

Easypaisa, Pakistan's first and largest branchless banking service and a joint venture of Telenor Pakistan and Tameer Microfinance Bank, has partnered with Standard Chartered Bank Pakistan to launch its mobile payments service for corporate clients named
Published 24 Nov, 2015 12:00am
There is no room for intolerance: Prime Minister

There is no room for intolerance: Prime Minister

Prime Minister Muhammad Nawaz Sharif while vowing to rid the country of extremism and terrorism on Monday said there is no room for intolerance. The Prime Minister was talking to Air Chief Marshal Sohail Aman who called on him here at the PM House. Prime
Published 24 Nov, 2015 12:00am
BCPPL celebrates 150th anniversary of BASF

BCPPL celebrates 150th anniversary of BASF

From indigo to audiotapes to catalysts, BASF innovations have changed the world - and in 2015, BASF sites around the world are celebrating the 150th anniversary of the company's foundation. Recently, BASF Chemicals & Polymers Pakistan Private Limited (BCP
Published 24 Nov, 2015 12:00am
20 suspects held, arms seized in Karachi

20 suspects held, arms seized in Karachi

Rangers on Monday conducted an operation in Essa Nagri and surrounding areas detaining more than 20 suspects while weapons were seized from their possession. The Rangers personnel carried out an operation for almost four hours on a tip-off and besieged PI
Published 24 Nov, 2015 12:00am
Government urged to improve gas, water supply to Site industries

Government urged to improve gas, water supply to Site industries

Acting President Site Association of Industry (SAI) Muhammad Arif has urged the government to improve gas and water supply to the industrial area to keep industrial units operative. He hoped that improved infrastructure would help attract more investors t
Published 24 Nov, 2015 12:00am
Less-developed areas: Parliamentary panel resents appointments

Less-developed areas: Parliamentary panel resents appointments

A parliamentary panel on Monday expressed serious resentment over ignoring less developed areas of the country including FATA in the appointments made in Ministry of Information, Broadcasting and National Heritage and its attached department and instructe
Published 24 Nov, 2015 12:00am
Inadequate relief measures: PTI government comes under fire in KP PA

Inadequate relief measures: PTI government comes under fire in KP PA

Opposition in Khyber Pakhtunkhwa Assembly has criticised the PTI-led coalition government for insufficient relief and rehabilitation measures for earthquake affected people and conducting of fresh survey in devastated areas and enhancement of the compensa
Published 24 Nov, 2015 12:00am
Profound importance of education highlighted

Profound importance of education highlighted

A function of Hamdard Naunehal Assembly Karachi chapter was held yesterday to discuss the theme: "Education is the only remedy of nation's diseases in this age" a single line of a poem of Allama Iabal, at a local hotel. Speaking on the occasion, Mrs Sadia
Published 24 Nov, 2015 12:00am
Funerals for militants killed in drone strike

Funerals for militants killed in drone strike

Thousands have attended the weekend funerals of 21 militants killed in a drone strike in Afghanistan, local officials and residents said, with one official putting the total death toll around 50. The strike was carried out last Wednesday on a training cam
Published 24 Nov, 2015 12:00am
Bachelors Degree Program: SU issues 1st provisional list

Bachelors Degree Program: SU issues 1st provisional list

Director Admissions, University of Sindh has issued the first provisional merit list for admissions to Bachelor's Degree Program-2016 under the categories of Quota, Oriented, General Disciplines (Jurisdiction + Upper Sindh), Female Quota, Commerce Quota,
Published 24 Nov, 2015 12:00am
Japanese diplomat meets SU vice chancellor

Japanese diplomat meets SU vice chancellor

The Director of Japan Information and Culture Centre, Counsel for Cultural and Public Affairs Mitsuaki Tosa called on Professor Dr Abida Taherani, Vice Chancellor, University of Sindh in her office on Monday. During the meeting, various avenues of coopera
Published 24 Nov, 2015 12:00am
Sindh Governor condoles Aali's death

Sindh Governor condoles Aali's death

Governor of Sindh Dr Ishrat-ul-Ebad Khan has condoled the death of renowned poet Jamiluddin Aali, who passed away here on Monday. Expressing his heartfelt sympathies with the bereaved family, the Governor said contribution made by the poet of "Jeeway Jeew
Published 24 Nov, 2015 12:00am
No-go areas in Karachi eliminated: IG Sindh

No-go areas in Karachi eliminated: IG Sindh

Inspector General Sindh (IG) Ghulam Haider Jamali on Monday chaired a high level meeting pertaining to the law and order situation in Karachi. During the meeting, overall security situation of the metropolis was taken under discussion. The law enforcers b
Published 24 Nov, 2015 12:00am
Every penny being spent only on progress of people: Prime Minister

Every penny being spent only on progress of people: Prime Minister

Nawaz Sharif has claimed his government is working day and night for the public welfare with "every penny is being honestly spent". The premier's claim came in a top level meeting he chaired in Model Town on Monday. He told his audience, "The national res
Published 24 Nov, 2015 12:00am
Tevta signs MoU with UAF

Tevta signs MoU with UAF

Technical Education and Vocational Training Authority (Tevta) and University of Agriculture Faisalabad (UAF) signed a memorandum of understanding on Monday to train the youth in agriculture and livestock. Tevta Chairperson Irfan Qaiser Sheikh and UAF Vice
Published 24 Nov, 2015 12:00am
Economic self-reliance essential for women's empowerment: Shahbaz

Economic self-reliance essential for women's empowerment: Shahbaz

Punjab Chief Minister Shahbaz Sharif has said that economic self - reliance of women is essential for women's empowerment, progress and prosperity of the country. He said Punjab govt had announced a comprehensive policy for the empowerment of women in 201
Published 24 Nov, 2015 12:00am
Board for security hospitals: FCCI seeks induction of new members

Board for security hospitals: FCCI seeks induction of new members

Chaudhary Muhammad Nawaz, President Faisalabad Chamber of Commerce and Industry (FCCI)/Chairman Monitoring Board Social Security Hospitals Faisalabad has demanded induction of new members in this board to make it more effective, efficient and representati
Published 24 Nov, 2015 12:00am
Drive against gender-based violence launched in Punjab

Drive against gender-based violence launched in Punjab

Punjab Commission on Status of Women and the White Ribbon Campaign have launched the 16 days campaign against gender-based violence across the province to raise public awareness on women's rights and strengthen support mechanism for victims of violence. T
Published 24 Nov, 2015 12:00am
Bomb hoax delays Dubai-bound Shaheen Air flight from Peshawar

Bomb hoax delays Dubai-bound Shaheen Air flight from Peshawar

The Civil Aviation Authority (CAA) Peshawar offloaded all passengers onboard Shaheen Airline flight NL-786 at Bacha Khan International Airport (BKIA) Peshawar after officials received intelligence information about a bomb suspected to be planted in the pa
Published 24 Nov, 2015 12:00am
Books of account and records may be maintained for six years

Books of account and records may be maintained for six years

The Federal Board of Revenue (FBR) will make it mandatory for the taxpayers, earning income from business, to maintain books of account, documents and records for a period of six years as compared to existing five years. In this regard, the FBR has propos
Published 24 Nov, 2015 12:00am
Imran launches plantation drive in D I Khan

Imran launches plantation drive in D I Khan

Pakistan Tehreek-e-Insaf chief Imran Khan on Monday launched plantation drive in Dera Ismail Khan as well. Khan said as many as 100 million trees have been planted in Khyber Pakhtunkhwa so far, adding that the target to plant 1 billion trees will be achie
Published 24 Nov, 2015 12:00am
CEO PRAL given 'Look After Charge'

CEO PRAL given 'Look After Charge'

The Federal Board of Revenue (FBR) has given "Look After Charge" of the post of Chief Executive Officer (CEO), Pakistan Revenue Automation (Pvt) Limited (PRAL) to Ahmad Nawaz, General Manager, PRAL. According to an office order issued by the FBR here on M
Published 24 Nov, 2015 12:00am
Aamir Khan alarmed by growing intolerance in India

Aamir Khan alarmed by growing intolerance in India

Indian actor Aamir Khan on Monday said that he has been "alarmed and shaken" by the number of incidents related to extremism in India, Indian news agency PTI reported, according to a private TV channel. Addressing an audience at the Ramnath Goenka journal
Published 24 Nov, 2015 12:00am
Anti-corruption work Pakistan, China to sign MoU

Anti-corruption work Pakistan, China to sign MoU

Pakistan and China Monday expressed complete uniformity of views regarding cooperation in Anti-Corruption work and decided to sign a Memorandum of Understanding (MOU) before close of the year. The two sides agreed when Vice Minister of National Bureau of
Published 24 Nov, 2015 12:00am
Siegel's video testimony: ATC rejects Musharraf's petition

Siegel's video testimony: ATC rejects Musharraf's petition

An anti-terrorism court in Rawalpindi on Monday dismissed General Pervez Musharraf's petition against use of 'video link' to record statement of American journalist and lobbyist Mark Siegel in the Benazir Bhutto murder case. The court said in its verdict
Published 24 Nov, 2015 12:00am
PFMA for uniform wheat price

PFMA for uniform wheat price

Pakistan Flour Mills Association (PFMA) has urged the federal government to fix uniform wheat price across the country to stabilise domestic market and help flour millers plan export of wheat products in a better way. They urged the federal government to
Published 24 Nov, 2015 12:00am
National Assembly session summoned on December 7

National Assembly session summoned on December 7

The Business Advisory Committee (BAC) of parliament has decided to summon the next session of National Assembly on December 7. According to details, Speaker National Assembly Sardar Ayaz Sadiq chaired the meeting of the Business Advisory Committee and dis
Published 24 Nov, 2015 12:00am
President and Prime Minister condole Aali's death

President and Prime Minister condole Aali's death

President Mamnoon Hussain on Monday expressed his deep grief and sorrow over the sad demise of renowned poet and intellectual Jamiluddin Aali. In his message, the President said late Aali had rendered numerous services for promotion of Urdu language which
Published 24 Nov, 2015 12:00am
Parliamentarians pay tribute to Amin Fahim

Parliamentarians pay tribute to Amin Fahim

The National Assembly on Monday offered "Fateha" for the departed soul of late Member National Assembly and Pakistan People's Party Parliamentarian (PPPP) President Makhdoom Amin Fahim and paid tribute to his services in promoting democracy in the country
Published 24 Nov, 2015 12:00am
Earthquake victims: PIA transported free of cost medicine, relief goods

Earthquake victims: PIA transported free of cost medicine, relief goods

Pakistan International Airlines (PIA) has transported free of cost, medicines, medical equipment and relief goods weighing 43,000 kg, from New York to Lahore for earthquake affectees, and handed them over to Pakistan Army's medical Corps at Allama Iqbal I
Published 24 Nov, 2015 12:00am
Egypt to control prices of 10 commodities as inflation rises
Currency

Egypt to control prices of 10 commodities as inflation rises

Egypt will control the prices of 10 essential commodities, a statement from the Prime Minister's office said on Monday, as the country tries to keep inflation in check amid a shortage of foreign currency. The list includes livestock and frozen meat, poult
Published 24 Nov, 2015 12:00am
Shanghai copper slips

Shanghai copper slips

Shanghai Futures Exchange copper slid 3.6 percent to 33,510 yuan ($5,246) a tonne on Monday, having also hit a six-year low as China's slowing factory demand pushes more supply onto global markets and the dollar strengthens against a slew of other currenc
Published 24 Nov, 2015 12:00am
Metals sag to multi-year lows on China concern, strong dollar
Currency

Metals sag to multi-year lows on China concern, strong dollar

Base metals fell to multi-year lows on Monday on worries that a surge in the dollar could deter producers from making supply cuts in a market battling poor demand, especially in top user China. London nickel slid more than 6 percent to its lowest since 20
Published 24 Nov, 2015 12:00am
Oil up one percent after Saudi Arabia says ready to cooperate on prices

Oil up one percent after Saudi Arabia says ready to cooperate on prices

Crude prices rose as much as 1 percent on Monday after Saudi Arabia's pledge to work on price stability offset some worries about the global oil market glut. A rally in gasoline and ultralow sulfur diesel (ULSD) futures also bolstered the petroleum comple
Published 24 Nov, 2015 12:00am
US winter wheat ratings seen improving

US winter wheat ratings seen improving

The US Department of Agriculture's weekly crop progress report should show that US winter wheat condition ratings improved in the week ended Sunday, according to a Reuters poll of seven analysts on Monday. The average estimate for the amount of US winter
Published 24 Nov, 2015 12:00am
Palm oil falls on high stocks, slow export demand
Vegetable Oil

Palm oil falls on high stocks, slow export demand

Malaysian palm oil futures fell for a third session in a row on Monday, with buying interest dampened by high inventories and expectations of soft export demand. The February benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange fell 0.3
Published 24 Nov, 2015 12:00am
Coffee and cocoa fall with wider commodities selloff

Coffee and cocoa fall with wider commodities selloff

Coffee and cocoa futures fell on Monday as part of a wider commodities selloff, dented by the rise in the US dollar to seven-month highs, while sugar firmed, underpinned by rain hampering the cane crush in Brazil. The weak tone in softs, with sugar future
Published 24 Nov, 2015 12:00am
Gold extends losses in Asia

Gold extends losses in Asia

Gold extended losses on Monday, falling towards a near six-year low reached last week, pressured by a robust dollar and upbeat comments from Federal Reserve officials on a possible US rate hike next month. Spot gold had dropped 0.7 percent to $1,070.01 an
Published 24 Nov, 2015 12:00am
Gold drops towards six-year low in Europe
Currency

Gold drops towards six-year low in Europe

Gold fell nearly one percent on Monday, heading back towards last week's near six-year low, on a robust dollar and upbeat comments from Federal Reserve officials on a possible US rate hike next month. Spot gold was 0.7 percent lower at $1,070.33 an ounce
Published 24 Nov, 2015 12:00am
Brazil cane crush expected to slow further due to rains

Brazil cane crush expected to slow further due to rains

Brazil's main center-south sugar cane crush is expected to slow for the second fortnight running in the last half of October due to rains toward the end of the month, local crop analysts Safras e Mercado said on Monday. Safras estimates that mills in the
Published 24 Nov, 2015 12:00am
US MIDDAY: soyabeans bounce from 6-1/2-year low

US MIDDAY: soyabeans bounce from 6-1/2-year low

US soyabeans rebounded on Monday on technical buying and short covering after hitting a 6-1/2-year low following the weekend election in Argentina of a president who has promised to cut export taxes and boost production. Corn and wheat prices on the Chica
Published 24 Nov, 2015 12:00am
Governance challenge

Governance challenge

This refers to a news item "All, including CM, answerable, accountable" carried by Business Recorder on Sunday. According to it, Khyber Pakhtunkhwa Chief Minister Pervez Khattak has said that the era of loot and plunder has come to an end and now a
Published 24 Nov, 2015 12:00am
Argentina in for a radical post-election grains output increase

Argentina in for a radical post-election grains output increase

By the end of President-elect Mauricio Macri's first four-year term, Argentina will have doubled wheat shipments and surpassed Russia and Brazil as a corn exporter, by some estimates, as the abandonment of years-long trade restraints unleashes the full po
Published 24 Nov, 2015 12:00am
Britain needs to start doing favours to win EU friends
Currency

Britain needs to start doing favours to win EU friends

The British used to be past masters in the art of trading favours to secure their interests in the European Union. But since 2010, Prime Minister David Cameron's government has largely neglected the practice to avoid upsetting sceptics in his ruling Conse
Published 24 Nov, 2015 12:00am
Governance - the dark aspects thereof

Governance - the dark aspects thereof

After the comments of the CoAS about 'governance' became common knowledge, for the past fortnight official spokesmen have been busy pointing out how "good" has been the governance of the state under the PML-N regime. They may go on denying governance fail
Published 24 Nov, 2015 12:00am
What use are the dossiers?

What use are the dossiers?

What Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz has to say on the much-hyped dossiers containing evidence of alleged Indian involvement in terrorism in this country is rather perplexing. In a briefing he gave to Senate Foreign Affairs Co
Published 24 Nov, 2015 12:00am
Unchanged monetary policy stance
Cotton

Unchanged monetary policy stance

As anticipated by this newspaper, the State Bank decided to keep the policy rate unchanged at 6 percent over the next two months. According to Monetary Policy Statement (MPS) released on 21st November, 2015, the main reason for maintaining the status-quo
Published 24 Nov, 2015 12:00am
IPCC to discuss federation-provinces disputes

IPCC to discuss federation-provinces disputes

The federal government has convened a meeting of the Inter-Provincial Co-ordination Committee (IPCC) during the second week of next month to settle disputes/issues between the Federation and Provinces. The meeting to be presided over by the Minister of In
Published 24 Nov, 2015 12:00am
IPCC to discuss federation-provinces disputes

IPCC to discuss federation-provinces disputes

The federal government has convened a meeting of the Inter-Provincial Co-ordination Committee (IPCC) during the second week of next month to settle disputes/issues between the Federation and Provinces. The meeting to be presided over by the Minister of In
Published 24 Nov, 2015 12:00am
IPCC to discuss federation-provinces disputes

IPCC to discuss federation-provinces disputes

The federal government has convened a meeting of the Inter-Provincial Co-ordination Committee (IPCC) during the second week of next month to settle disputes/issues between the Federation and Provinces. The meeting to be presided over by the Minister of In
Published 24 Nov, 2015 12:00am
Man jailed for 13 years for Facebook 'hate speech'

Man jailed for 13 years for Facebook 'hate speech'

An anti-terrorism court has jailed a Shia for 13 years after he posted what it deemed sectarian hate speech on Facebook, officials said Monday, with rights activists condemning the ruling as "extremely concerning". Saqlain Haidar, 32, who ran a small hote
Published 24 Nov, 2015 12:00am
Man jailed for 13 years for Facebook 'hate speech'

Man jailed for 13 years for Facebook 'hate speech'

An anti-terrorism court has jailed a Shia for 13 years after he posted what it deemed sectarian hate speech on Facebook, officials said Monday, with rights activists condemning the ruling as "extremely concerning". Saqlain Haidar, 32, who ran a small hote
Published 24 Nov, 2015 12:00am
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Published 24 Nov, 2015 12:00am
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