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Print - 2016-03-18
Kohat win overall trophy in Inter-District Female Games

Kohat win overall trophy in Inter-District Female Games

District Kohat clinched the overall trophy by securing 95 points in the Khyber Pakhtunkhwa Kohat Region Inter-District Female Games which concluded here at Post Graduate Girls College Kohat on Thursday.
Published 18 Mar, 2016 12:00am
GCU Annual Sports Ramzan wins 1500-meter race

GCU Annual Sports Ramzan wins 1500-meter race

On the second day of the 116th Annual Sports of Government College University, Lahore, on Thursday, Muhammad Ramzan, a student of Physical Education Department, has won 1500-meter race. Vice-chancellor Professor Dr Hassan Amir Shah, GCU Sports Board Chair
Published 18 Mar, 2016 12:00am
Palestinian firebomb survivor meets hero Ronaldo

Palestinian firebomb survivor meets hero Ronaldo

A Palestinian boy who survived a firebombing by Jewish extremists that killed his parents and baby brother was greeted by Real Madrid's stars, including Cristiano Ronaldo and Gareth Bale, on Thursday. Five-year-old Ahmed Dawabcheh has been recovering from
Published 18 Mar, 2016 12:00am
Thiago, Coman strike as Bayern fight back to beat Juventus

Thiago, Coman strike as Bayern fight back to beat Juventus

Substitutes Thiago Alcantara and Kingsley Coman scored extra-time goals as Bayern Munich roared back to beat Juventus 4-2 in their Champions League last 16, second leg on Wednesday and win 6-4 on aggregate.
Published 18 Mar, 2016 12:00am
FIFA reveals Blatter salary and $122 million loss

FIFA reveals Blatter salary and $122 million loss

FIFA on Thursday revealed the salary of its disgraced ex-leader Sepp Blatter for the first time - $3.6 million in 2015 - and a $122 million loss as corruption scandals hit world football.
Published 18 Mar, 2016 12:00am
Djokovic cruises, Nadal survives at Indian Wells

Djokovic cruises, Nadal survives at Indian Wells

Spanish star Rafael Nadal and world number one Novak Djokovic remained on course Wednesday for a mouth-watering Indian Wells semi-final, while Swiss Stan Wawrinka exited in a match he described as a no-brainer. World number five Nadal survived a scare fro
Published 18 Mar, 2016 12:00am
South Africa denies paying bribes to host World Cup

South Africa denies paying bribes to host World Cup

South Africa's sports minister denied Thursday that bribes were paid to win the right to host the 2010 World Cup, as FIFA seeks to claw back money from officials facing graft charges in the United States. Football's world governing body this week issued a
Published 18 Mar, 2016 12:00am
'World class' Redknapp confirmed as Jordan boss

'World class' Redknapp confirmed as Jordan boss

Harry Redknapp was on Thursday hailed as the man to take Jordan to their first ever World Cup finals after his confirmation as the country's new manager by Prince Ali bin Al Hussein.. The former Tottenham boss takes the post in the same week as he began a
Published 18 Mar, 2016 12:00am
Oil at 2016 high, US crude above $40 on output freeze hopes

Oil at 2016 high, US crude above $40 on output freeze hopes

Oil prices hit 2016 highs on Thursday, with US crude surging 5 percent to pierce the $40 barrier, on optimism that major producers will strike an output freeze deal next month amid rising crude exports and gasoline demand in the United States.
Published 18 Mar, 2016 12:00am
US MIDDAY: gold turns lower

US MIDDAY: gold turns lower

Gold turned lower on Thursday, consolidating from a 2.5 percent surge in the previous session when the Federal Reserve cut the number of interest rate rises it forecasts for this year, sending the dollar sharply lower.
Published 18 Mar, 2016 12:00am
US MIDDAY: wheat weakens

US MIDDAY: wheat weakens

US wheat futures fell to a one-week low on Thursday, turning lower after firming during the overnight session on technical selling, traders said.
Published 18 Mar, 2016 12:00am
Gold climbs in Europe

Gold climbs in Europe

Gold rose on Thursday, building on a 2.5 percent rally in the previous session after the Federal Reserve cut the number of interest rate rises it forecasts for this year, sending the dollar sharply lower. The US central bank held interest rates steady and
Published 18 Mar, 2016 12:00am
Gold eases in Asia

Gold eases in Asia

Gold ticked lower on Thursday as the market took a breather after rallying 2.5 percent in the previous session following the Federal Reserve's decision to cut the number of planned interest rate hikes, adding to pressure on the dollar.
Published 18 Mar, 2016 12:00am
Gold jumps in New York

Gold jumps in New York

Gold rallied 2 percent to $1,260 an ounce on Wednesday, turning higher after the Federal Reserve indicated that the United States continues to face risks from an uncertain global economy, pressuring the dollar.
Published 18 Mar, 2016 12:00am
Arabica coffee soars
Currency

Arabica coffee soars

Arabica coffee futures vaulted 4.5 percent to a five-month high on Thursday, on a combination of fund and chart-based buying, and a sharply lower dollar. Raw sugar futures jumped to a 3-1/2-month high and New York cocoa rallied to a 2-1/2-month top, buoye
Published 18 Mar, 2016 12:00am
Palm oil surges to near two-year high
Vegetable Oil

Palm oil surges to near two-year high

Malaysian palm oil futures on Thursday registered their biggest gains so far this week, bolstered by concerns over weak output caused by El Nino-related dryness. The palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange gained 1.7
Published 18 Mar, 2016 12:00am
Wheat falls on poor exports; soya rises

Wheat falls on poor exports; soya rises

Chicago Board of Trade wheat futures fell for the second straight day on Wednesday on pressure from light export demand and some easing concerns about weather damage to the developing US crop, traders said. Corn futures eased on some mild technical sales
Published 18 Mar, 2016 12:00am
Rubber surges
Exchange

Rubber surges

Benchmark Tokyo rubber futures surged 3 percent on Thursday, hitting a one-week high, as strong gains in crude oil prices after a dovish statement by the US Federal Reserve boosted risk appetite and outweighed the yen's gain.
Published 18 Mar, 2016 12:00am
Copper surges to four-month high after Fed shifts stance
Exchange

Copper surges to four-month high after Fed shifts stance

Copper jumped to its highest in more than four months on Thursday, boosted by signs from the US Federal Reserve it will not raise rates to the extent flagged last year, falling inventories and higher stock markets. Benchmark copper on the London Metal Exc
Published 18 Mar, 2016 12:00am
Shanghai copper soars
Exchange

Shanghai copper soars

Shanghai Futures Exchange copper finished up 1.6 percent at 37,940 yuan ($5,841) a tonne on Thursday. ShFE zinc rallied about 2 percent, nickel and tin by nearly 1 percent. Reflecting subdued consumer demand, premiums for copper stored in bonded warehouse
Published 18 Mar, 2016 12:00am
Cotton up on weak dollar, strength across commodities
Cotton

Cotton up on weak dollar, strength across commodities

Cotton futures rose slightly on Wednesday, touching its highest level in over a week, supported by a weaker dollar and an uptick in overall commodities. "The market is kind of sold out. Now it is just waiting for some momentum to get higher," said Peter E
Published 18 Mar, 2016 12:00am
Post-sanctions Iran opportunity
Cotton

Post-sanctions Iran opportunity

Pakistan is going to urge Iran to enter into a Free Trade Agreement (FTA) with Pakistan during the scheduled visit of Iranian President Hassan Rouhani, says a report in this newspaper. Both sides will also discuss progress on a five-year strategic plan fo
Published 18 Mar, 2016 12:00am
Pressure to withdraw women protection law

Pressure to withdraw women protection law

Never before in recent history had the religious parties and groups in Pakistan put up such a show of unanimity of mind and heart as they did the other day in Lahore and demanded withdrawal of the Punjab Protection of Women against Violence Act by March 2
Published 18 Mar, 2016 12:00am
Loan write-offs and tax losses

Loan write-offs and tax losses

Colossal revenue losses have been caused to national exchequer by the Federal Board of Revenue (FBR) and National Accountability Bureau (NAB) by not taking action against the beneficiaries of politically-motivated and/or legally-manipulated loan write-off
Published 18 Mar, 2016 12:00am
No shades of grey

No shades of grey

Attempting objectivity, the freedom of the press is perched on a fail-safe line in many countries, journalists are often an endangered species, Musharraf's liberal "letting a hundred flowers bloom" media policy became a "licence" in Pakistan for going bey
Published 18 Mar, 2016 12:00am
It is already getting very late

It is already getting very late

This is apropos an editorial "Better late than never" carried by Business Recorder on March 6, encouraging "Green Pakistan Programme" covers only the positive action of planting large number of trees, but unfortunately, no mention is made to stop s
Published 18 Mar, 2016 12:00am
HEC's body holds meeting to cement academia-industry links

HEC's body holds meeting to cement academia-industry links

The Higher Education Commission's Innovation Steering Committee held its second meeting within a week to discuss means to strengthen links between academia and industry through the Offices of Research, Innovation and Commercialisation (ORICs) in universit
Published 18 Mar, 2016 12:00am
Bilawal expresses grief

Bilawal expresses grief

Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari on Thursday expressed deep sorrow and grief over the sad demise of Abdul Sattar Bandhani, a devoted party worker.
Published 18 Mar, 2016 12:00am
COAS, EU Special Representative discuss security situation

COAS, EU Special Representative discuss security situation

European Union Special Representative and Head of the European Union Delegation for Afghanistan, Ambassador Franz-Michael Mellibin called on Army Chief General Raheel Sharif in Rawalpindi on Thursday.
Published 18 Mar, 2016 12:00am
Argentine Ambassador pays farewell call on Fatemi

Argentine Ambassador pays farewell call on Fatemi

The outgoing Ambassador of the Argentine Republic, H.E Rodolfo Jose Martin Saravia, who is also the Dean of the Diplomatic Corps, made a farewell call on the Special Assistant to the Prime Minister on Foreign Affairs (SAPM), Syed Tariq Fatemi, today, at t
Published 18 Mar, 2016 12:00am
Million displaced face tough choices before going home

Million displaced face tough choices before going home

Aid shortfalls, ruined infrastructure and the lingering risk of attack are undermining efforts to return around one million people to homes they fled after the military cracked down on militants along the Afghan border.
Published 18 Mar, 2016 12:00am
State Bank of Pakistan conversion rates
Exchange

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 18 Mar, 2016 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (March 17, 2016).

Published 18 Mar, 2016 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (March 17, 2016).
Published 18 Mar, 2016 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (March 17, 2016).

Published 18 Mar, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (March 17, 2016).

Published 18 Mar, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (March 17, 2016).

Published 18 Mar, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (March 17, 2016).

Published 18 Mar, 2016 12:00am
Medical treatment: government allows Musharraf to leave country

Medical treatment: government allows Musharraf to leave country

The government on Thursday decided to remove the name of former president General Pervez Musharraf (retd) from Exit Control List (ECL), allowing him to travel abroad to seek medical treatment, saying the decision was taken in the light of a Supreme Court
Published 18 Mar, 2016 12:00am
Medical treatment: government allows Musharraf to leave country

Medical treatment: government allows Musharraf to leave country

The government on Thursday decided to remove the name of former president General Pervez Musharraf (retd) from Exit Control List (ECL), allowing him to travel abroad to seek medical treatment, saying the decision was taken in the light of a Supreme Court
Published 18 Mar, 2016 12:00am
Trump victory a major global risk: EIU
Currency

Trump victory a major global risk: EIU

The prospect of Donald Trump winning the US presidency represents a global threat on a par with jihadist militancy destabilising the world economy, according to British research group EIU. In the latest version of its Global Risk assessment, the Economist
Published 18 Mar, 2016 12:00am
Trump victory a major global risk: EIU
Currency

Trump victory a major global risk: EIU

The prospect of Donald Trump winning the US presidency represents a global threat on a par with jihadist militancy destabilising the world economy, according to British research group EIU. In the latest version of its Global Risk assessment, the Economist
Published 18 Mar, 2016 12:00am
Pathankot attack: Sushma says Pakistan to join investigation

Pathankot attack: Sushma says Pakistan to join investigation

Pakistani investigators will travel to India later this month to help probe a deadly attack on an air base that killed seven soldiers in January, New Delhi's foreign minister said during a visit to Nepal Thursday.
Published 18 Mar, 2016 12:00am
Pathankot attack: Sushma says Pakistan to join investigation

Pathankot attack: Sushma says Pakistan to join investigation

Pakistani investigators will travel to India later this month to help probe a deadly attack on an air base that killed seven soldiers in January, New Delhi's foreign minister said during a visit to Nepal Thursday.
Published 18 Mar, 2016 12:00am
Economic corridor: deployment of PLA troops: FO rejects reports

Economic corridor: deployment of PLA troops: FO rejects reports

Pakistan on Thursday dismissed media reports about the deployment of China's People's Liberation Army (PLA) troops in Azad Jammu and Kashmir (AJK) to guard the 3,000-kilometre-long China-Pakistan Economic Corridor (CPEC) route as "rumour mongering". Forei
Published 18 Mar, 2016 12:00am
Economic corridor: deployment of PLA troops: FO rejects reports

Economic corridor: deployment of PLA troops: FO rejects reports

Pakistan on Thursday dismissed media reports about the deployment of China's People's Liberation Army (PLA) troops in Azad Jammu and Kashmir (AJK) to guard the 3,000-kilometre-long China-Pakistan Economic Corridor (CPEC) route as "rumour mongering". Forei
Published 18 Mar, 2016 12:00am
Economic corridor: deployment of PLA troops: FO rejects reports

Economic corridor: deployment of PLA troops: FO rejects reports

Pakistan on Thursday dismissed media reports about the deployment of China''s People''s Liberation Army (PLA) troops in Azad Jammu and Kashmir (AJK) to guard the 3,000-kilometre-long China-Pakistan Economic Corridor (CPEC) route as "rumour mongering". For
Published 18 Mar, 2016 12:00am
Turkmenistan offered to join CPEC: Dastgir

Turkmenistan offered to join CPEC: Dastgir

Pakistan on Thursday offered Turkmenistan to join the China Pakistan Economic Corridor (CPEC) to facilitate linkages with southern Port of Gwadar and the Arabian Sea as it will improve regional connectivity besides further aligning economic and trade inte
Published 18 Mar, 2016 12:00am
Turkmenistan offered to join CPEC: Dastgir

Turkmenistan offered to join CPEC: Dastgir

Pakistan on Thursday offered Turkmenistan to join the China Pakistan Economic Corridor (CPEC) to facilitate linkages with southern Port of Gwadar and the Arabian Sea as it will improve regional connectivity besides further aligning economic and trade inte
Published 18 Mar, 2016 12:00am
Turkmenistan offered to join CPEC: Dastgir

Turkmenistan offered to join CPEC: Dastgir

Pakistan on Thursday offered Turkmenistan to join the China Pakistan Economic Corridor (CPEC) to facilitate linkages with southern Port of Gwadar and the Arabian Sea as it will improve regional connectivity besides further aligning economic and trade inte
Published 18 Mar, 2016 12:00am
PIA bill: President summons joint sitting

PIA bill: President summons joint sitting

President Mamnoon Hussain on Thursday summoned a joint sitting of parliament on Monday at 5pm, in which the government would move the bill to convert Pakistan International Airlines (PIA) into a private company ahead of entity's privatisation under sub ru
Published 18 Mar, 2016 12:00am
PIA bill: President summons joint sitting

PIA bill: President summons joint sitting

President Mamnoon Hussain on Thursday summoned a joint sitting of parliament on Monday at 5pm, in which the government would move the bill to convert Pakistan International Airlines (PIA) into a private company ahead of entity's privatisation under sub ru
Published 18 Mar, 2016 12:00am
PIA bill: President summons joint sitting

PIA bill: President summons joint sitting

President Mamnoon Hussain on Thursday summoned a joint sitting of parliament on Monday at 5pm, in which the government would move the bill to convert Pakistan International Airlines (PIA) into a private company ahead of entity''s privatisation under sub r
Published 18 Mar, 2016 12:00am
China weighs tax on currency trades
Exchange

China weighs tax on currency trades

China's central bank has drafted plans to impose a tax on currency trades, Bloomberg News reported Tuesday, in what would be its latest volley against those betting on a depreciation of the yuan. Chinese authorities have spent unprecedented sums to suppor
Published 18 Mar, 2016 12:00am
China weighs tax on currency trades
Exchange

China weighs tax on currency trades

China's central bank has drafted plans to impose a tax on currency trades, Bloomberg News reported Tuesday, in what would be its latest volley against those betting on a depreciation of the yuan. Chinese authorities have spent unprecedented sums to suppor
Published 18 Mar, 2016 12:00am
China weighs tax on currency trades
Exchange

China weighs tax on currency trades

China''s central bank has drafted plans to impose a tax on currency trades, Bloomberg News reported Tuesday, in what would be its latest volley against those betting on a depreciation of the yuan. Chinese authorities have spent unprecedented sums to suppo
Published 18 Mar, 2016 12:00am
Equities extend gains

Equities extend gains

The share market gained another 67 points Thursday to close at 32,958 points, supported by oil and gas sector. Bulls dominated the day as the benchmark KSE-100 index was seen peaking to the session's high 33,112 points in intraday trade.
Published 18 Mar, 2016 12:00am
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