News Archives for Print - 2015-12-14

University campus to be set up in each district: KP CM

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has announced to establish at least one university campus in every district of the province and said that promotion of education, both elementary and secondary and higher level, was top priority of the pres

Published 14 Dec, 2015 12:00am

PTI chief quite satisfied with KP government's performance

Pakistan Tehreek-e-Insaf (PTI) Chairman, Imran Khan on Sunday pledged to bring Tabdeeli (revolution) in Khyber Pakhtunkhwa. He was addressing a huge gathering of students, at winding up ceremony of centenary celebrations of the Islamia College Peshawar at

Published 14 Dec, 2015 12:00am

Cadet College Petaro celebrates 54th Parents' Day

Cadet College Petaro celebrated its 54th Parents' Day on 13th December 2015. Chief of Naval Staff, Admiral Muhammad Zakaullah NI (M) was the Chief Guest on this occasion.

Published 14 Dec, 2015 12:00am

Western route of CPEC: Parliamentary body to discuss apprehensions: Sherpao

The Chinese government is eager to make the China-Pakistan Economic Corridor (CPEC) operational; however, lack of resources and funds are making it complicated, Aftab Sherpao, MNA and member of CPEC parliamentary committee told exclusively to Business

Published 14 Dec, 2015 12:00am

UAF to revise budget estimates for 2015-16

The Finance and Planning Committee of the University of Agriculture, Faisalabad the other day, has given nod to revised budget estimates of 3.442 billion rupees for the year 2015-16.
Published 14 Dec, 2015 12:00am

167 graduates awarded degrees in 3rd convocation of ICP

As many as 167 degrees were conferred on the graduates of different disciplines in the 3rd Convocation of Islamia College, Peshawar (ICP) held on Sunday for the academic session 2014.
Published 14 Dec, 2015 12:00am

Saudi Arabia to set strategy for era of cheap oil as red ink flows

Saudi Arabia's government is expected to announce spending cuts and a drive to raise revenue from new sources as it lays out a strategy to cope with an era of cheap oil, people familiar with Saudi policy-making said.
Published 14 Dec, 2015 12:00am

Swiss employers want flexibility on immigrant numbers

Switzerland should let in at least 50,000 immigrants a year even if unemployment rises, the head of the Swiss employers association said, appealing to the right-wing People's Party (SVP) to be flexible in stemming the influx of foreigners.
Published 14 Dec, 2015 12:00am

Cameron not planning to drop EU welfare demands

British Prime Minister David Cameron's office on Sunday played down reports that he was prepared to drop one of his key demands for reforming Britain's relationship with the European Union after other countries made it clear they would not accept it.
Published 14 Dec, 2015 12:00am

Currency
Kazakh leader rules out capital controls after currency plunge

Kazakhstan will not use capital controls to boost its tenge currency that has plunged along with oil prices, Kazakh President Nursultan Nazarbayev said on Sunday in an interview with state television.
Published 14 Dec, 2015 12:00am

China capital outflows to top $500 billion in 2015

China will post record capital outflows in 2015 of more than $500 billion, according to a report by the Institute of International Finance (IIF). The IIF, an authoritative tracker of emerging market capital flows, said the world's second largest economy i
Published 14 Dec, 2015 12:00am

Italy mulls 100 million euro fund for victims of bank bond mis-selling

The Italian government is proposing setting up a 100 million euro ($110 million) fund to compensate at least some of the 10,500 retail bond investors who lost money under a scheme to rescue four small lenders, a source close to the matter said.
Published 14 Dec, 2015 12:00am

After VW scandal, Germany to toughen approval rules

Germany's transport minister said Sunday that in the wake of the Volkswagen emission cheating scandal, major automakers would have to disclose their engine software to state regulators. Alexander Dobrindt also announced there would be follow-up tests by t
Published 14 Dec, 2015 12:00am

Currency
Egypt seeks to drum up Gulf investments

Egyptian Prime Minister Sherif Ismail will meet Saudi officials and investors this week in a bid to drum up more investment as Egypt seeks to revive an economy suffering from a foreign currency shortage. The talks follow a visit by Ismail and several mini
Published 14 Dec, 2015 12:00am

Bangladesh to get $1.11 billion loan from Japan for major projects

Bangladesh will receive $1.11 billion in loans from Japan for infrastructure, investment and health projects, the Japanese embassy in Dhaka said on Sunday, announcing its largest loan package to Bangladesh since 1974. The projects include a foreign direct
Published 14 Dec, 2015 12:00am

Bangladesh economy could grow 8 percent in next four years: WB economist

World Bank Chief Economist Kaushik Basu said on Sunday Bangladesh's economy was capable of growing by 8 percent a year during the next three to four years. Current growth is 6.5 percent. The government's declared goal is to make Bangladesh a "middle-incom
Published 14 Dec, 2015 12:00am

Nigerian inflation up

Nigeria's consumer inflation was at 9.4 percent year-on-year in November, up 0.1 percentage point from October, and staying above the upper limit of central bank's target, the National Bureau of Statistics (NBS) said on Sunday.
Published 14 Dec, 2015 12:00am

Currency
Sudan inflation eases

Sudan's annual inflation rate eased to 12.8 percent in November from a revised 13.37 percent in October, a monthly report from Sudan's Central Statistics Office said on Sunday. Prices soared in Sudan after South Sudan seceded in 2011, taking with it three
Published 14 Dec, 2015 12:00am

Eurozone officials rule out IMF's exclusion from Greek bailout

The IMF will not be excluded from Greece's third bailout program review, Eurozone officials told Greece on Saturday after its prime minister said the global lender was not playing a constructive role.
Published 14 Dec, 2015 12:00am

Paulinho earns Guangzhou shot at Barca in Japan

Former Spurs midfielder Paulinho snatched a dramatic injury-time winner as China's Guangzhou Evergrande stunned Mexico's Club America 2-1 on Sunday to clinch a Club World Cup semi-final against Barcelona. The Brazilian climbed to head in a corner with vir
Published 14 Dec, 2015 12:00am

Wenger hails 'perfect week' as Arsenal go top

Arsene Wenger said that Arsenal had enjoyed a "perfect week" after they won 2-0 at Aston Villa on Sunday to supplant Manchester City at the Premier League summit. Arsenal reached the Champions League last 16 on Wednesday by winning 3-0 at Olympiakos, Oliv
Published 14 Dec, 2015 12:00am

Marsh or Khawaja could open batting, says Lehmann

Shaun Marsh or the returning Usman Khawaja are in the frame to open Australia's innings in the Boxing Day Test against the West Indies, coach Darren Lehmann said Sunday. Khawaja, who scored 174 and 121 batting three against New Zealand before he injured a
Published 14 Dec, 2015 12:00am

Narrow win lifts Monaco up to second

Monaco moved provisionally into second place in Ligue 1 with a 1-0 win over Saint-Etienne on Sunday thanks to a second-half Fabinho penalty. The Brazilian international netted from the spot eight minutes from time to settle a dour game in the principality
Published 14 Dec, 2015 12:00am

Kalabagh 4 win Lahore Open Polo Cup

Kalabagh 4 emerged as champion of Bank of Punjab Lahore Open Polo Cup 2015 in final match played with Al-Khan/MMS at Lahore Polo Club on Sunday.
Published 14 Dec, 2015 12:00am

West Indies fined for slow over rate

West Indies have suffered more fallout over their dispiriting first Test loss to Australia with the ICC fining the team Sunday for maintaining a slow over-rate in Hobart. The Australians demolished the Caribbean tourists by an innings and 212 runs inside
Published 14 Dec, 2015 12:00am

Japanese triumphs suggest a shift of generations

Japan scored the finest double success in its badminton history when Kento Momota and Nozomi Okuhara captured the men's and women's singles titles at the tour's year-end flagship event, the Super Series finals, on Sunday.
Published 14 Dec, 2015 12:00am

England given Wales showdown at Euro 2016

England and Wales will meet at Euro 2016 after Saturday's draw in Paris for next year's 24-team finals paired them together in Group B, while world champions Germany can look forward to meeting neighbours Poland.
Published 14 Dec, 2015 12:00am

Sri Lanka struggle before rain intervenes

Tim Southee took two wickets as New Zealand tightened the screws on Sri Lanka on the fourth day of the first Test Sunday, but rain threatened to derail their victory hopes.
Published 14 Dec, 2015 12:00am

Airbus eyes 2015 win over Boeing as orders hit 1,000

Airbus orders topped 1,000 aircraft between January and November, sending its shares higher as it looked all but certain to win its annual race against US rival Boeing. Boeing, however, remained in comfortable shape to retain its title as the world's larg
Published 14 Dec, 2015 12:00am

Citi to take $300 million 'repositioning charge' in fourth quarter

Citigroup Inc will take a $300 million "repositioning charge" in the fourth quarter, Chief Financial Officer John Gerspach said on December 09. The charge will be taken to "resize infrastructure and capacity" throughout Citi's businesses, Gerspach said at
Published 14 Dec, 2015 12:00am

East Asia Pacific ageing faster than anywhere else in history: World Bank

The East Asia Pacific region is ageing at a faster rate than any other place in history, the World Bank warned on December 09, a demographic shift likely to cramp public services and economic growth. The region, which spans from Myanmar and China's wester
Published 14 Dec, 2015 12:00am

Euro zone central banks printed billions of euros before QE

Euro zone central banks have quietly bought hundreds of billions of euros worth of assets over the past decade using an obscure facility that allows them to print some money for purposes other than monetary policy, an academic study has revealed.
Published 14 Dec, 2015 12:00am

IKEA's net profit up 5.5 percent

IKEA Group, the world's biggest furniture retailer, said on December 10 that its annual profits grew as it expanded into China, increased sales from existing stores and saw strong online growth. Net profit at the Swedish self-assembly budget furniture cha
Published 14 Dec, 2015 12:00am

Wal-Mart launches mobile wallet 'Walmart Pay'

Wal-Mart Stores Inc launched its own mobile payment service 'Walmart Pay' on December 10, potentially dealing a sharp blow to the ambitions of CurrentC, a beta-stage mobile wallet the company had been co-developing with a consortium of retailers.
Published 14 Dec, 2015 12:00am

RBC trading shift should lower volatility: CFO

Royal Bank of Canada's shift to put more emphasis on corporate investment banking and reduce its reliance on trading should lower the volatility of its capital markets business, one of its top executives told Reuters on December 07.
Published 14 Dec, 2015 12:00am

Islamic finance body AAOIFI to revamp standards, expand agenda

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) is revamping key standards and boosting its engagement efforts with the industry, part of an ambitious reform agenda for the Bahrain-based body.
Published 14 Dec, 2015 12:00am

Currency
China mulls renminbi settlement options

Chinese officials are engaged with global settlement services provider CLS Bank regarding the physical settlement of renminbi-denominated transactions, setting the scene for another major step in the currency's liberalisation.
Published 14 Dec, 2015 12:00am

Mutual Funds
Chinese investors warm to foreign stocks to shelter from local chill

It has taken a slump in the property market, a white-knuckle ride on local shares and a currency devaluation, but China's retail investors are finally taking a serious look at overseas stocks and bonds.
Published 14 Dec, 2015 12:00am

Currency
Fed rate decision key focus for Tokyo investors

Central bank meetings in Washington and Tokyo, a Japanese business confidence survey and a raft of Chinese data will be key trading cues for Tokyo investors next week. Topping the list is a long-awaited decision by the US Federal Reserve on whether it wou
Published 14 Dec, 2015 12:00am

British investors raise UK equities; cut US, Europe in portfolios

British investors' allocations to UK equities rose to 16-month highs in November but they dumped US stocks and bonds ahead of a likely interest rate rise there next month, a Reuters poll of investors showed.
Published 14 Dec, 2015 12:00am

Currency
C$ to weaken further on monetary path split, low oil prices

The Canadian dollar is likely to start 2016 even weaker than thought a month ago as commodity prices remain depressed and the Bank of Canada takes a different monetary policy path from its US counterpart, a Reuters poll of currency strategists showed.
Published 14 Dec, 2015 12:00am

Pluralsight prepares 2016 IPO

Pluralsight LLC, a startup that offers online courses on computer programming and software development, is hiring banks as it plans to go public, potentially valuing the company at more than $1 billion, according to people familiar with the matter.
Published 14 Dec, 2015 12:00am

Currency
Egyptian pound steady

The Egyptian pound held steady at an official foreign currency auction on Sunday and strengthened slightly on the black market. Egypt, which depends on imported food and energy, is facing a dollar shortage and mounting pressure to devalue the pound. The c
Published 14 Dec, 2015 12:00am

Currency
South Africa bourse CEO says concerned about financial stability

The head of South Africa's bourse said on Sunday he was concerned about long-term financial stability after last week's selling frenzy, triggered by the unexpected sacking of the finance minister, wiped nearly $11 billion off share values.
Published 14 Dec, 2015 12:00am

Bangladesh's interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 78.87-78.90 (previous 78.90-78.95). 01.25-04.50 percent (* Previous 01.25-04.50 percent). (* revised).
Published 14 Dec, 2015 12:00am

Currency
Cash demand, strong dollar muddy waters for Swiss FX intervention

The dollar's strength and traditional end-of-year demand for cash in Switzerland kept investors guessing on Monday about the extent to which the Swiss National Bank may be intervening on currency markets to weaken the franc. The dollar's advance on expect
Published 14 Dec, 2015 12:00am

Wall Street week ahead: volatility the surest bet in stocks after Fed meets

Stock market investors are ready for the first US Federal Reserve interest rate hike in nearly a decade next week, but they may not be fully prepared for all of the nuanced remarks likely to accompany that announcement.
Published 14 Dec, 2015 12:00am

EU border force plane faces resistance from governments

A proposal to give the EU's executive the power to send forces unbidden into member states to defend the common European frontier will face resistance from some countries when it is published this week.
Published 14 Dec, 2015 12:00am

Thousands rally to support Polish government

Tens of thousands of people marched through Warsaw on Sunday to express support for the ruling conservatives, as Poland remained locked in a constitutional crisis over the appointment of judges who could help the government pass its legislative programme.
Published 14 Dec, 2015 12:00am

Two dead as violence mars 'make-or-break' Central Africa vote

Two people were killed Sunday as heavy weapons fire and clashes in the Muslim district of Bangui, the Central African Republic capital, marred a key constitutional referendum aimed at ending years of sectarian strife.
Published 14 Dec, 2015 12:00am

China navy carries out more drills in disputed South China Sea

China's navy has in recent days carried out more exercises in the disputed South China Sea, the Defence Ministry said on Sunday, calling them routine drills.
Published 14 Dec, 2015 12:00am

Brazilians protest to demand President Rousseff's Impeachment

Thousands of Brazilians took to the streets on Sunday to demand President Dilma Rousseff's ouster in the first nation-wide protests since formal impeachment proceedings began against the leftist leader.
Published 14 Dec, 2015 12:00am

16-year-old Palestinian attempts stabbing in West Bank, is shot

A 16-year-old Palestinian girl tried to carry out a stabbing attack Sunday near the Israeli settlement of Kiryat Arba in the occupied West Bank before being shot, Israeli and Palestinian officials said.
Published 14 Dec, 2015 12:00am

Russia warns Turkey over Aegean warship incident

Russia on Sunday warned Turkey to stop staging what it called provocations against its forces in or near Syria after one of its warships fired warning shots at a Turkish vessel in the Aegean to avoid a collision. The Russian Defence Ministry said one of i
Published 14 Dec, 2015 12:00am

World, Arab powers press Libyans to unite

Major powers and regional players on Sunday pressed Libya's divided political factions to back a UN peace plan based on the formation of a national unity government.
Published 14 Dec, 2015 12:00am

Vandals attack Facebook building in Germany

Vandals have damaged the entrance to a building in Hamburg that houses the offices of social network Facebook, smashing glass, throwing paint and spraying "Facebook dislike" on a wall, police in the northern German city said on Sunday. Police said in a st
Published 14 Dec, 2015 12:00am

French regional election run-off tests far-right strength

The French people voted on Sunday in runoffs for regional elections that will show whether the far-right National Front (FN) can turn popularity into power. Marine Le Pen's party achieved a breakthrough last week by taking the lead in the first round of t
Published 14 Dec, 2015 12:00am

Russia launches military satellite

Russia on Sunday successfully launched a military satellite from the Baikonur cosmodrome in Kazakhstan, the defence ministry said in a statement. The spacecraft was blasted into orbit with a Proton-M rocket "as planned", the statement said.
Published 14 Dec, 2015 12:00am

International investors interested in gas sector: Paracha

International oil and gas companies and some leading global investors are interested in Pakistan's promising gas sector which is a very healthy sign, a business leader said Sunday. The oil and gas majors in US, Russia, China, UAE and Singapore have realis
Published 14 Dec, 2015 12:00am

Cotton
MCCI for increasing bilateral trade with Iran

The Multan Chambers of Commerce and Industry (MCCI) has urged upon the Government to take concrete steps for bilateral trade between Pakistan and Iran, and take advantage of being strategic neighbours. This would help in boosting up the export of Pakistan
Published 14 Dec, 2015 12:00am

PTI leader vows support to anti-corruption drive

Pakistan Tehreek-e-Insaf Punjab organiser Chaudhary Mohammad Sarwar has said there should be no compromise on establishing peace and rooting out corruption and added that the whole nation was standing alongside Rangers and Pakistan Army.
Published 14 Dec, 2015 12:00am

HC greets Shahbaz on successful UK visit

British High Commissioner Philip Barton met Punjab Chief Minister Muhammad Shahbaz Sharif. Matters of mutual interest, promotion of bilateral relations, and cooperation in different sectors, successful visit of Shahbaz Sharif to Britain was discussed in t
Published 14 Dec, 2015 12:00am

UBG demands revival of SME sector

The United Business Group (UBG) of FPCCI on Sunday said revival of Small and Medium Enterprises (SMEs) should be preferred to boost exports and generate employment. The government is focusing too much on mega projects and privatisation while paying little
Published 14 Dec, 2015 12:00am

Mass wedding ceremony held

A total of 17 couples, including one Christian tied the knot in fifth mass wedding ceremony held under the auspices of The Askari Friends Society on Sunday. The emerging tendency of holding mass wedding ceremonies is a healthy omen and proved a great sola
Published 14 Dec, 2015 12:00am

Referring case to ET is unjustified: Ayaz Sadiq

National Assembly Speaker Ayaz Sadiq dilating in Government Samanabad Hospital inaugural function here Sunday stated that they would decide by consultation of lawyers on appearing in Election Tribunal on December22, 2015.
Published 14 Dec, 2015 12:00am

Dar chairs meeting to review progress on power projects

Finance Minister Senator Ishaq Dar chaired a meeting of the senior officials of the Ministries of Finance, Water & Power and Petroleum & Natural Resources here to review progress on power projects.
Published 14 Dec, 2015 12:00am

Five militants arrested in Loralai

The Frontier Corps (FC) and Intelligence Agencies arrested five militants of a banned outfit in a joint operation in different areas of Loralai district on Sunday. Official sources here said that the operation was launched on a tip off about the presence
Published 14 Dec, 2015 12:00am

ECP rejects Ayaz Sadiq's assertion

A news item has appeared in a section of press wherein the Ayaz Sadiq has criticised the Hon'ble Election Commission of Pakistan for forwarding the election petition with regard to NA-122 Lahore to the Election Tribunal for further necessary action.
Published 14 Dec, 2015 12:00am

Terrorists to benefit from tussle between Centre, Sindh: JI leader

Secretary General Jamaat-e-Islami Liaqat Baloch has said that the tussle between the centre and the Sindh government would help terrorists. Talking to party workers at the funeral of JI senior worker Ashraf Butt, he said that if such a behaviour had been
Published 14 Dec, 2015 12:00am

'Blackmailing' cannot derail Karachi operation: Abid Sher Ali

State Minister for Water and Power Abid Sher Ali on Sunday said that Karachi operation would not be stopped due to blackmailing of provincial government. While talking to a ceremony in Faisalabad, Abid Sher Ali said that the government still has an option
Published 14 Dec, 2015 12:00am

Violation of tripartite agreement: Speakers urge government to move ICJ against Bangladesh executions

Speakers at a seminar in support of the pro- Pakistan leaders facing executions in Bangladesh have called upon Government of Pakistan to move to International Court of Justice (ICJ) on violation of the between Pakistan, India and Bangladesh assuring that
Published 14 Dec, 2015 12:00am

Aitzaz explains criticality of transparent accountability

Senior leader of Pakistan People's Party (PPP) Senator Aitzaz Ahsan has said that most of the rulers would be behind bars if transparent accountability was held across the country. In an interview here on Sunday, Aitzaz Ahsan urged the ruling elite class
Published 14 Dec, 2015 12:00am

Why only Sindh being targeted in the name of corruption, asks Khurshid Shah

Opposition Leader in National Assembly and Pakistan People s Party (PPP) leader Syed Khurshid Shah Sunday lashed out at the government and asked that why only Sindh is targeted on the name of corruption. While talking to media in Sukkur, Khurshid Shah sai
Published 14 Dec, 2015 12:00am

''IMF must stay, Grexit risk not over''

Greece cannot remove the IMF from its economic bailout, the head of the EU''s rescue fund said Sunday, adding that the possibility of a Greek eurozone exit remains if reforms are neglected. "There has to be a financial contribution because the IMF, accord
Published 14 Dec, 2015 12:00am

'IMF must stay, Grexit risk not over'

Greece cannot remove the IMF from its economic bailout, the head of the EU's rescue fund said Sunday, adding that the possibility of a Greek eurozone exit remains if reforms are neglected. "There has to be a financial contribution because the IMF, accordi
Published 14 Dec, 2015 12:00am

Prime Minister to leave for China to attend SCO summit

Prime Minister Nawaz Sharif is leaving here today (Monday) for China to attend the Shanghai Cooperation Organisation (SCO) prime ministers' meeting. China is hosting the 14th SCO prime ministers' meeting in Zhengzhou, capital of the central Henan province
Published 14 Dec, 2015 12:00am

Sweden reaches preliminary deal to question Assange

Sweden has reached a preliminary legal agreement with Ecuador that would pave the way for WikiLeaks founder Julian Assange to be questioned over a rape allegation, the Swedish government said Sunday.
Published 14 Dec, 2015 12:00am

Russian psychiatric ward fire kills 23

Twenty-three patients, most of them elderly, died when a fire ripped through a psychiatric hospital in southern Russia Saturday night, in the latest tragedy to hit the country's mental health infrastructure. President Vladimir Putin on Sunday expressed de
Published 14 Dec, 2015 12:00am

Cuba seals ''historic'' debt pact with Paris Club

Cuba on Saturday concluded a "historic accord" over debt that was not paid to foreign creditors for the last 25 years, French Finance Minister Michel Sapin announced. "This accord helps to definitively resolve the issue of Cuba''s medium-term debt... whic
Published 14 Dec, 2015 12:00am

Cuba seals 'historic' debt pact with Paris Club

Cuba on Saturday concluded a "historic accord" over debt that was not paid to foreign creditors for the last 25 years, French Finance Minister Michel Sapin announced. "This accord helps to definitively resolve the issue of Cuba's medium-term debt... which
Published 14 Dec, 2015 12:00am

KP government, Gulf firms agree to set up oil refinery

Khyber Pakhtunkhwa government and the Gulf Company "Almotahedoon Petroleum Refinery" have agreed to establish Oil Refinery at Khushal Garh area of district Kohat for which the provincial government will acquire the required land with the condition that "A
Published 14 Dec, 2015 12:00am

'Proud' women win seats in historic Saudi vote

At least 13 women won municipal council seats in Saudi Arabia's first ever election open to female voters and candidates, officials said Sunday, far exceeding expectations in the kingdom.
Published 14 Dec, 2015 12:00am

44 killed in Yemen ahead of UN-brokered peace talks

At least 44 people have been killed in Saudi-led coalition air raids and fighting between Yemeni loyalists and rebels ahead of a possible cease-fire, medical and military sources said Sunday. The latest deaths come ahead of UN-brokered peace talks set to
Published 14 Dec, 2015 12:00am

Probe into companies frauds: SECP wants powers to appoint experts as inspectors

The Securities and Exchange Commission of Pakistan (SECP) is seeking powers to appoint professionals as SECP inspectors for investigating serious nature of frauds in the companies covering corporate affairs, taxation and capital market etc.
Published 14 Dec, 2015 12:00am

French far-right fails to win a single region in elections

France's far-right National Front (FN) failed to win a single region in elections Sunday despite record results in the first round, as voters flocked to traditional parties to keep them out of power. The leader of the anti-immigration FN, Marine Le Pen, l
Published 14 Dec, 2015 12:00am

Taliban attack on Kunduz killed 289 Afghan civilians: UN

The United Nations (UN) says the recent offensive on the northern Afghan city of Kunduz by Taliban militants killed at least 289 civilians and wounded 559 others. A report by the UN Assistance Mission in Afghanistan (UNAMA), which was released on Saturday
Published 14 Dec, 2015 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 31	278.65
USD PKR Interbank Buying / Dec 31	278.45
USD to Japanese Yen / Dec 31	156.20
USD to Swiss Franc / Dec 31	0.90
Pound Sterling to USD / Dec 31	1.26
Euro to USD / Dec 31	1.04

Stock	Volume
S&P 500 / Dec 30	5,906.94
Tokyo Nikkei / Dec 30	39,894.54
Nasdaq / Dec 30	19,486.79
Dow Jones / Dec 30	42,573.73
Germany DAX 30 / Dec 30	19,909.14
India Sensex / Dec 31	78,017.14
Hang Seng / Dec 31	20,059.95
FTSE 100 / Dec 31	8,125.32

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 30	17,785
Gold 10 Grams PKR / Dec 30	241,430.80
Petrol/Litre / Dec 31	252.10
Crude Oil USD/Barrel / Dec 31	71.59
Gold Spot USD/Ounce / Dec 31	2,605.88
Diesel/Litre / Dec 31	255.38

Stock	Price
Hira Textile / Dec 31 Hira Textile Mills Limited(HIRAT)	3.75 ▲ 0.45 (13.64%)
Pace (Pak) Ltd. / Dec 31 Pace (Pakistan) Limited(PACE)	8.33 ▲ 1.00 (13.64%)
Tariq Corp.Pref. / Dec 31 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.88 ▲ 0.88 (12.57%)
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	9.38 ▲ 1.00 (11.93%)
Gulshan Sp. / Dec 31 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.47 (11.75%)
Sec. Inv. Bank / Dec 31 Security Investment Bank Limited(SIBL)	9.99 ▲ 1.00 (11.12%)
LSE Financial Serv. / Dec 31 LSE Financial Services Limited(LSEFSL)	15.70 ▲ 1.43 (10.02%)
Sindh Abadgar / Dec 31 Sindh Abadgar's Sugar Mills Limited(SASML)	39.33 ▲ 3.58 (10.01%)
Ali Asghar / Dec 31 Ali Asghar Textile Mills Limited(AATM)	65.45 ▲ 5.95 (10.00%)

Stock	Price
First Capital Equities / Dec 31 First Capital Equities Limited(FCEL)	5.12 ▼ -0.98 (-16.07%)
Pak Agro Pack. (GEM) / Dec 31 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.60 ▼ -0.90 (-10.59%)
Nimir Resins / Dec 31 Nimir Resins Limited(NRSL)	30.76 ▼ -3.42 (-10.01%)
Frontier Ceram / Dec 31 Frontier Ceramics Limited(FRCL)	42.91 ▼ -4.77 (-10.00%)
Fateh Sports / Dec 31 Fateh Sports Wear Limited(FSWL)	78.50 ▼ -8.72 (-10.00%)
Khairpur Sug. / Dec 31 Khairpur Sugar Mills Limited(KPUS)	203.81 ▼ -22.65 (-10.00%)
Noon Sugar / Dec 31 Noon Sugar Mills Limited(NONS)	81.31 ▼ -9.03 (-10.00%)
Shahmurad Sugar / Dec 31 Shahmurad Sugar Mills Limited(SHSML)	425.82 ▼ -47.31 (-10.00%)
Gammon Pak / Dec 31 Gammon Pakistan Limited(GAMON)	45.59 ▼ -5.06 (-9.99%)

Stock	Volume
Cnergyico PK / Dec 31 Cnergyico PK Limited(CNERGY)	212,308,919 ▲ 0.42
WorldCall Telecom / Dec 31 Worldcall Telecom Limited(WTL)	111,551,930 ▼ -0.05
B.O.Punjab / Dec 31 The Bank of Punjab(BOP)	84,182,656 ▲ 0.28
Pace (Pak) Ltd. / Dec 31 Pace (Pakistan) Limited(PACE)	66,177,767 ▲ 1.00
Fauji Foods Ltd / Dec 31 Fauji Foods Limited(FFL)	55,597,038 ▲ 0.69
Pak Refinery / Dec 31 Pakistan Refinery Limited(PRL)	50,017,805 ▲ 3.54
Silk Bank Ltd / Dec 31 Silkbank Limited(SILK)	48,777,302 ▼ -0.02
K-Electric Ltd. / Dec 31 K-Electric Limited(KEL)	45,320,218 ▲ 0.24
Pak Elektron / Dec 31 Pak Elektron Limited(PAEL)	36,348,761 ▼ -0.91

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