News Archives for Print - 2016-07-12

Print - 2016-07-12

Qatar Airways profit jumps threefold

Qatar Airways said on Monday its net profit for the year ending March 31 rose sharply because of low oil prices and a cut in expenditure. The Gulf state's national carrier posted a net profit of 1,621 million Qatari riyals ($442 million) in the year 201

Published 12 Jul, 2016 12:00am

Starbucks to boost US employee pay

Starbucks announced Monday it will lift wages for some 150,000 baristas and other employees in its home market as it moves to address staff concerns over insufficient hours. The ubiquitous coffee shop chain will hike base pay for "partners" - employees -

Published 12 Jul, 2016 12:00am

ChemChina extends $43 billion offer for agri-giant Syngenta

State-owned China National Chemical Corp said Monday it was extending its $43 billion agreed take-over for Swiss pesticide and seed giant Syngenta until September. The company, also known as ChemChina, said the offer for all Syngenta's shares in what woul

Published 12 Jul, 2016 12:00am

Italian bank woes 'not acute', says Eurogroup chief

Eurogroup head Jeroen Dijsselbloem on Monday said there was still time to solve the crisis affecting banks in Italy that is raising fears of new dangers to the eurozone economy. "It is not an acute crisis so that also gives us some time to sort these thin

Published 12 Jul, 2016 12:00am

Paring debts, LafargeHolcim agrees to sell India operation

Swiss construction giant LafargeHolcim, the world's largest cement maker, said Monday it had agreed to sell its Indian operation to Indian cosmetics and detergents manufacturer Nirma for $1.4 billion. The operation, which remains subject to clearance by I

Published 12 Jul, 2016 12:00am

Global bank messaging system calls in help to bolster cyber defences

SWIFT, a messaging system used by banks across the world, announced further steps on Monday to bolster its defences against hackers, after criminals sent fraudulent payment instructions across its network. The Society for World-wide Interbank Financial Te

Published 12 Jul, 2016 12:00am

Eight banks face US $1.5 billion annual bill for Brexit

Major US and European investment banks face extra costs of US $1.5bn a year combined if they need to move operations out of London as a result of Britain leaving the EU, analysts at J. P Morgan have estimated. For eight major US and European banks that wo

Published 12 Jul, 2016 12:00am

Mitsubishi signs potential first European jet orders

Japan's Mitsubishi Aircraft Corp on Monday said it had signed a letter of intent for orders of its new regional passenger plane with Swedish leasing company Rockton, in what would be its first European sale. The deal is for 10 firm orders with an option f

Published 12 Jul, 2016 12:00am

Planemakers shrug off economy worries as travel demand grows

Airbus and Boeing raised their long-term forecasts for new aircraft demand on Monday, betting that rising wealth in Asia would continue to boost air travel and offset any short-term hits to the global economy. The world's two biggest planemakers also anno

Published 12 Jul, 2016 12:00am

Tokyo stocks surge

Tokyo stocks soared Monday as a landslide victory for Japan's ruling coalition in weekend elections boosted stimulus hopes, while Nintendo rocketed as gamers snapped up its new smartphone offering. The benchmark Nikkei 225 index surged 3.98 percent, or 60

Published 12 Jul, 2016 12:00am

Currency

Egypt devaluation surge ends, Qatar breaches 10,000 mark

Egypt's stock market pared its advance on Monday after two sessions of strong gains on the back of speculation that the North African nation would need to devalue its currency during the current fiscal year. Having risen as much as 1.7 percent earlier in

Published 12 Jul, 2016 12:00am

Sri Lankan shares post over two-week high

Sri Lankan shares rose for a fourth straight session on Monday and posted their highest close in more than two weeks, as foreign investors continued to buy into battered banking and diversified stocks after recent losses. Overseas investors, who have offl

Published 12 Jul, 2016 12:00am

Hong Kong shares up

Hong Kong shares finished higher on Monday after a strong US labour report buoyed global stocks and muted China inflation data boosted expectations for further economic stimulus in the mainland. In the US, employers added a seasonally adjusted 287,000 job

Published 12 Jul, 2016 12:00am

Dutch 10-year bonds become latest member of sub-zero yield club

Dutch 10-year government bond yields fell below zero percent for the first time on Monday, expanding the growing global pool of bonds whose yields have turned negative as investors fret about economic growth. A global collapse in bond yields has gained mo

Published 12 Jul, 2016 12:00am

Dutch 10-year bonds become latest member of sub-zero yield club

Published 12 Jul, 2016 12:00am

China stocks soar

China stocks closed up on Monday, shedding some early gains but still finishing in the black. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.3 percent, to 3,203.33, while the Shanghai Composite Index gained 0.2 percent, t

Published 12 Jul, 2016 12:00am

Indian shares at near 11-month high

Indian shares rallied to their highest level in nearly 11 months on Monday, tracking a rise in global markets after strong US monthly jobs data reassured investors about the health of the world's largest economy. The broader NSE index closed up 1.74 perce

Published 12 Jul, 2016 12:00am

European stocks post highest close since Brexit

A top European share index rose on Monday to post its highest close since Britain voted to leave the European Union, after Theresa May won the race to succeed David Cameron as Prime Minister, reducing political uncertainty in the UK. May's rival for the l

Published 12 Jul, 2016 12:00am

Australian, New Zealand shares join global rally

Australian shares leapt on Monday, gaining 1.7 percent by lunchtime, while New Zealand stocks also tracked global markets higher, boosted by a much-larger-than-expected jump in US job growth. The S&P/ASX 200 index added 91.06 points to 5,321.6 by 0206 GMT

Published 12 Jul, 2016 12:00am

Most Southeast Asian stocks higher

Most Southeast Asian stocks closed higher on Monday, in line with Asian peers, as upbeat US jobs data eased concerns over the health of the world's largest economy, with Indonesia hitting a 13-month high and Philippines up more than 1 percent.

Published 12 Jul, 2016 12:00am

Currency

UK markets find firmer footing as May set to be PM

The British pound rose above $1.30 and stocks struck 11-month highs on Monday as Theresa May looked set to be confirmed as prime minister after her remaining rival withdrew from the contest. While Andrea Leadsom's exit removes the need for a drawn-out lea

Published 12 Jul, 2016 12:00am

Canadian dollar weakens

The Canadian dollar weakened slightly against its US counterpart on Monday as oil slipped and global stock markets rose after Japan's prime minister won re-election and ordered fresh stimulus.

Published 12 Jul, 2016 12:00am

Currency

Kiwi pauses, Aussie lags

The New Zealand dollar took a small step back from one-year highs against the greenback and euro on Monday, having surged in the past two sessions on improved global risk appetite and diminished expectations for an interest rate cut at home.

Published 12 Jul, 2016 12:00am

Currency

Dollar slips in Asia

The safe-haven yen fell on Monday amid an improvement in investor risk appetite following a surge in Tokyo stocks, but traders said the greenback will be capped longer term by views the Federal Reserve will remain cautious on interest rates.

Published 12 Jul, 2016 12:00am

Currency

Early trade in New York: Dollar soars to one-week high versus yen

The dollar rose to a one-week high against the yen on Monday, climbing almost 2 percent, following Japanese Prime Minister Shinzo Abe's call for a fresh round of fiscal stimulus after a victory for his ruling coalition in local elections.

Published 12 Jul, 2016 12:00am

Currency

Yen tumbles against resurgent dollar in Europe

The dollar climbed almost 2 percent against the yen on Monday following a surge in Japan's stock market, after the country's ruling coalition won a clear victory in upper house elections, fuelling expectations of more monetary stimulus.

Published 12 Jul, 2016 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Monday. 78.40-78.40 (previous 78.40-78.40).

Published 12 Jul, 2016 12:00am

Currency

Solid US jobs data lifts Asia emerging FX

Most emerging Asian currencies rallied on Monday as strong US jobs data improved risk sentiment while the Federal Reserve is seen remaining hesitant to raise interest rates.

Published 12 Jul, 2016 12:00am

Currency

China's yuan slips

The yuan inched lower against the dollar on Monday, but further weakness was capped as the central bank was suspected of intervention to offset massive dollar demand from banks' clients, traders said.

Published 12 Jul, 2016 12:00am

Currency

Sterling rises briefly above $1.30

Sterling rose on Monday after Andrea Leadsom, one of the two candidates from the ruling Conservative Party to succeed Prime Minister David Cameron withdrew from the contest, leaving interior minister Theresa May to take over the top job.

Published 12 Jul, 2016 12:00am

Currency

Sri Lankan rupee ends weaker

The Sri Lankan rupee ended weaker on Monday as importers and banks bought dollars, speculating that foreign holders of the country's existing sovereign debt might sell them in order to invest in newly launched higher-yielding dollar bonds.

Published 12 Jul, 2016 12:00am

Palestinian bus attacker given life sentence

An Israeli court sentenced a Palestinian to life in prison Monday for a shooting and stabbing attack on a Jerusalem bus that was one of the bloodiest incidents in a wave of violence that began in October. Bilal Abu Ghanem was one of two Palestinians who c

Published 12 Jul, 2016 12:00am

Tropical storm kills six in China, eight missing

A tropical storm in China left six people dead and at least eight more missing, reports said, after it lashed Taiwan with typhoon-grade winds and rain. Super Typhoon Nepartak brought chaos to Taiwan Friday, forcing more than 15,000 people to flee their ho

Published 12 Jul, 2016 12:00am

Hariri tribunal axes trial of slain Hezbollah Commander

A special UN court set up to prosecute the killers of former Lebanese prime minister Rafiq Hariri overturned Monday an earlier decision to try in absentia a Hezbollah military chief who is thought to have died in May. The Hague-based Special Tribunal for

Published 12 Jul, 2016 12:00am

Israel okays millions to West Bank settlements after attacks

Israel's government on Sunday approved nearly $13 million in financing for the West Bank settlements of Kiryat Arba and within Hebron, officials said, following a wave of Palestinian attacks in the area. The decision by Prime Minister Benjamin Netanyahu's

Published 12 Jul, 2016 12:00am

South African twins plotted to blow up US embassy

Two South African brothers arrested on terrorism charges were plotting to blow up the US embassy in Pretoria and Jewish institutions, and planned to join the so-called Islamic State, police said Monday. The 23-year-old twins, Brandon-Lee and Tony-Lee Thul

Published 12 Jul, 2016 12:00am

Two Egypt policemen killed in Sinai bombing

A roadside bombing in Egypt's Sinai Peninsula killed two policemen on Monday, the interior ministry said. The Islamic State group's self-styled Amaq news agency said a bomb planted by jihadists targeted a police mine clearing vehicle, but it was not clear

Published 12 Jul, 2016 12:00am

Europe's longest rail motorway halts operations over migrant crisis

Calais port workers staged a go-slow Monday after Europe's longest rail motorway halted operations Monday over repeated efforts by migrants to break into trucks being transported to Britain.

Published 12 Jul, 2016 12:00am

Thai journalist charged under draconian charter law

A Thai journalist and four activists were charged Monday under a draconian law banning criticism of the junta's new constitution which will be voted on in a referendum next month.

Published 12 Jul, 2016 12:00am

Germany, Turkey airbase row flares after 'genocide' vote

Germany on Monday insisted its lawmakers had the right to visit an airbase in Turkey despite Ankara's opposition, in an escalating row between the Nato partners. A German delegation this month was to travel to the Incirlik base in southern Turkey, used to

Published 12 Jul, 2016 12:00am

Erdogan defends plan offering Syrians Turkish citizenship

President Recep Tayyip Erdogan defended his plan to give Syrian refugees Turkish citizenship in comments published Monday, arguing the country has ample space after a backlash against the suggestion.

Published 12 Jul, 2016 12:00am

North Korea threatens action over US anti-missile system

North Korea threatened Monday to take "physical action" after Washington and Seoul announced they would deploy a sophisticated US anti-missile defence system to counter the growing menace from Pyongyang. Seoul and Washington had on Friday revealed their d

Published 12 Jul, 2016 12:00am

Monsoon rains Control room set up

The Deputy Commissioner Hyderabad Muatasam Abbsi has set up a control room at his office with objective to monitor the flood emergency situation during expected heavy monsoon rains.

Published 12 Jul, 2016 12:00am

MQM removes Amir Khan from Rabita Committee

Mutahidda Qaumi Movement (MQM) removed senior deputy convenor of party, Amir Khan from his co-ordination committee membership. Sources said on Monday that following "complaints" against Aamir Khan, he has been removed from his position but nature of the c

Published 12 Jul, 2016 12:00am

Terminals seek to win Customs' nod for shifting of FR containers

Terminals are now seeking to get permission from the Customs department to shift around 4,500 Full Released (FR) containers outside the ports in order to avoid containers' backlog, which is being piled up after weeklong Eid holidays; it is learnt.

Published 12 Jul, 2016 12:00am

Downpour, windstorm likely today

The Met Office on Monday forecast rain-thunderstorm/windstorm at scattered places in upcountry in the next 24 hours. It said that partly cloudy with chances of rain/thunderstorm is expected at isolated places in Mirpurkhas and Hyderabad divisions. Chances

Published 12 Jul, 2016 12:00am

Industrialists urge government to hand over water distribution responsibility to Rangers

Secretary General of United Business Group (UBG) Zubair F. Tufail has suggested to the authorities to hand over Karachi Water and Sewerage Board's (KWSB) water distribution system to Rangers.

Published 12 Jul, 2016 12:00am

Lotte Chemical Pakistan Limited (LOTCHEM)

Lotte Chemical Pakistan Limited (LCPL) is the manufacturer and supplier of Purified Terephthalic Acid (PTA). PTA is the primary raw material for producing polyester fibre, polyester filament yarn, polyester film and Polyethylene Terephthalate (PET). PTA i

Published 12 Jul, 2016 12:00am

Lotte Chemical Pakistan Limited (LOTCHEM)

Published 12 Jul, 2016 12:00am

CP's 95th birthday

This is apropos a Business Recorder news item "China celebrates CP's 95th birthday, Xi warns on graft, security" carried by the newspaper on July 2.

Published 12 Jul, 2016 12:00am

Partly Facetious: Our leaders are unique bunch

"I would term it non-resilience of character."

Published 12 Jul, 2016 12:00am

AirAsia eyes HK listing as it expands in North Asia

AirAsia is studying a dual listing in Hong Kong, part of plans to become a pan-Asian low-cost airline player as it also moves towards setting up a joint venture in China, people familiar with the matter said on Sunday.

Published 12 Jul, 2016 12:00am

Bankruptcy of leadership

Perhaps, never before in history, has the Muslim world been without a 'Leader' who enjoyed global recognition and acceptability. Today, there is none. The case is even more disturbing when we examine Pakistan's lack of leadership in particular. In a relax

Published 12 Jul, 2016 12:00am

Obligation-conscious conduct, is it?

On Abdul Sattar Edhi Sahib's sad demise, the Chairman Senate rightly said that, for six decades, Edhi Foundation kept providing humanitarian emergency services and protection to the impoverished, disabled, and disowned on an ever-larger scale, which succe

Published 12 Jul, 2016 12:00am

Profundity of Kashmir

There have been ups and downs in the Kashmiri uprising against Indian rule since 1989, the current year being yet another high point in the struggle. During the recent days, there has been a surge in violence in Srinagar and several other places after the

Published 12 Jul, 2016 12:00am

Currency

IMF Eleventh Review

The International Monetary Fund's (IMF) penultimate staff review under the $6.64 billion Extended Fund Facility has raised several questions by notable local economists particularly with respect to supporting macroeconomic data cited by the Finance Minist

Published 12 Jul, 2016 12:00am

Industrial sector: Gepco restores 'zero loadshedding' regime

The Gujranwala Electricity Power Company (GEPCO) has restored the zero loadshedding regime for the Golden Export Triangle-Sialkot, Gujrat, Gujranwala, Wazirabad after a month.

Published 12 Jul, 2016 12:00am

CM Punjab directs protection of dams, barrages in floods

Punjab Chief Minister Muhammad Shahbaz Sharif has directed Irrigation Department authorities to take effective measures for the protection and monitoring of dams, barrages and embankments and make all arrangements to cope with any situation.

Published 12 Jul, 2016 12:00am

Experts' team to review dengue situation in Rawalpindi

In pursuance of directions of the provincial government, Dengue Experts Advisory Group is going to send a team of health specialists to Rawalpindi to review the dengue situation and providing guidance to the local experts.

Published 12 Jul, 2016 12:00am

Shahbaz reviews law and order situation

Punjab Chief Minister Muhammad Shahbaz Sharif presided over a high level meeting, here on Monday which reviewed law and order situation and steps for elimination of crime. Speaking on the occasion, the CM said that protection of life and property of citiz

Published 12 Jul, 2016 12:00am

World Population Day: importance of small family highlighted

District population welfare department organised a seminar and walk to raise the awareness regarding the importance of small family on the eve of World Population Day.

Published 12 Jul, 2016 12:00am

Quran Khawani held

Under the arrangements of District Administration, Quran Khawani was held for the departed soul of renowned philanthropist Abdul Sattar Edhi at Circuit House.

Published 12 Jul, 2016 12:00am

Acumen appoints Mahreen Khan as associate director

Acumen, the global social impact venture fund that invests in companies, people and ideas to change the way the world tackles poverty, has appointed Mahreen Khan as Associate Director for Business Development, Communications, and Talent Development for Pa

Published 12 Jul, 2016 12:00am

Acumen appoints Mahreen Khan as associate director

Published 12 Jul, 2016 12:00am

Businessmen for precautionary measures to deal with flash floods

The city's businessmen and industrialists have revealed their concerns over flash floods and called for precautionary measures to control them. Their concerns came after over 50 people died in the north in flash floods triggered by heavy monsoon rains. Pr

Published 12 Jul, 2016 12:00am

Business community vows to carry forward Edhi's mission

Business community has expressed profound grief over the death of legendary philanthropist Abdul Sattar Edhi and expressed the resolve to carry forward his mission of helping the poor and the needy. All Pakistan Business Forum (APBF) President Ibrahim Qur

Published 12 Jul, 2016 12:00am

BISP, PEF officials discuss quality of education

Director General of the Benazir Income Support Programme(BISP), Sarah Saeed met Managing Director of the Punjab Education Foundation(PEF), Tariq Mahmood, to discuss possible collaboration between them. The Foundation spokesperson confirmed on Monday that

Published 12 Jul, 2016 12:00am

Establishment of 'Child Rights Commission' proposed

Sub-committee of the Cabinet Committee on Protection of Child Rights has completed its deliberations regarding action plan to revamp Child Protection and Welfare Bureau, Punjab and the Divisional Child Protection Units at district level.

Published 12 Jul, 2016 12:00am

Cotton

Cotton growers advised

Cotton growers in the Punjab have been re-warned to keep an eye on weather predictions on the electronic and print media before irrigating their fields. The re-warning comes because the Pakistan Meteorological Department has forecast more rains in days to

Published 12 Jul, 2016 12:00am

Siraj denounces killings in IHK

Chief of Jamaat-e-Islami Pakistan, Senator Sirajul Haq has denounced India's state repression in occupied Kashmir resulting in the killing of over two dozen Kashmiri youth within three days and deployment of more Indian troops in the valley to crush the f

Published 12 Jul, 2016 12:00am

JI urges world to protest against Bangladesh state repression

Deputy Chief of the Jamaat-e-Islami, Hafiz Muhammad Idrees, has said that state repression in Bangladesh had crossed all limits. He has appealed to the world conscience to openly denounce Hasina Wajid's policies in the form of executions of innocent leadi

Published 12 Jul, 2016 12:00am

Preparations for 8th Junior Leaders Conference in progress

Excitement is in the air, as the GLUCO KI JLC team is hard at work, preparing for the 8th annual episode of the Junior Leaders Conference. The team is led by Anmol Zehra, the JLC Champ for this year, and mentored by Kamran Rizvi, Umair Jaliawala and Waqar

Published 12 Jul, 2016 12:00am

KP government says it's taking steps towards socio-economic uplift in every sector

The PTI-led provincial government in Khyber Pakhtunkhwa under change-agenda has undertaken initiatives for socio-economic development of the province in each and every sector. Like other sectors, sports are also one of the vital and important sectors, whi

Published 12 Jul, 2016 12:00am

BNP to organise seminar on CPEC today

Balochistan National Party (BNP) will organise a day-long seminar to discuss matters relating to Gwadar port, establishment of technical colleges and training centers for youth and marine university at Gwadar, here on Tuesday.

Published 12 Jul, 2016 12:00am

Promoting Shariah compliance: government offers incentive to manufacturing Companies

The federal government, in order to encourage listed manufacturing companies to become Shari'ah compliant, has introduced a tax reduction of two percent for Shari'ah compliant listed companies through the Finance Act 2016.

Published 12 Jul, 2016 12:00am

Girl's body found in Charsadda

A body of an unknown girl, (20-year) dumped in the agriculture field, was found in the limits of Prang police station in Charsadda here on Monday, police said. Police said that the girl's body was burnt with acid. According to police, the body was recover

Published 12 Jul, 2016 12:00am

Qateel Shifai remembered

The death anniversary of renowned Urdu poet and lyricist Qateel Shifai was observed on Monday and homage were paid for his contribution in the Urdu literature. According to Radio Pakistan, his real name was Muhammad Aurangzeb but he adopted Qateel Shifai

Published 12 Jul, 2016 12:00am

PTI submits adjournment motion against Achakzai's remarks

PTI on Monday submitted an adjournment motion in the Khyber Pakhtunkhwa Assembly's secretariat against Chairman Pakhtunkhwa Milli Awami Party, Mehmood Khan Achakzai's alleged statement that "Khyber Pakhtunkhwa province belongs to Afghans".

Published 12 Jul, 2016 12:00am

Royal International Air Tattoo Show 2016: PAF C-130 wins 'best aircraft trophy'

Pakistan Air Force's C-130 aircraft has won the Concours D' Elegance trophy Air Tattoo Show 2016 at Royal Air Force Base Fair Ford UK. More than 50 nations with 200 aircraft from across the world competed for the coveted trophy; however, the PAF C-130 sto

Published 12 Jul, 2016 12:00am

KP government for fair accountability, good governance: Khattak

Chief Minister Khyber Pakhtunkhwa, Pervez Khattak has said that his government was making all-out efforts towards good governance, changing the old mindset, making public office holders accountable and taking steps for transparent accountability across th

Published 12 Jul, 2016 12:00am

Two terrorists killed in Bajaur Agency blast

Two terrorists were killed in an explosion while installing roadside bomb here on Monday. Sources said that two terrorists of a banned outfit were engaged in installing bomb by roadside in Dher Ke area of Bajaur Agency aimed at a terror bid when the bomb

Published 12 Jul, 2016 12:00am

33 SIs promoted to inspectors

On the recommendation of Departmental Selection committee the Inspector General of Police (IGP) Khyber Pakhtunkhwa Nasir Khan Durrani has promoted 33 Sub-Inspectors to the rank of inspectors with immediate effect.

Published 12 Jul, 2016 12:00am

Pakistan to become gateway: to Central Asia through CPEC: Janjua

National Security Advisor, Lieutenant General Nasser Khan Janjua (Retd) said on Monday that China-Pakistan Economic Corridor (CPEC) provided Pakistan a great opportunity to become gateway for Central Asia and beyond. "We see a greater fortune here as Paki

Published 12 Jul, 2016 12:00am

Panama Papers, Swiss account holders: people demand across the board accountability

People from all walks of life have demanded across the board accountability of all those whose names have been revealed in the Panama Papers as well as Swiss account holders, an anecdotal survey conducted by Business Recorder revealed.

Published 12 Jul, 2016 12:00am

Mohmand Agency tribesmen vow to fight militants

The jirga of tribal elders in Mohmand Agency have vowed to extend full cooperation to security forces against all militants in the border regions to establish complete writ of law and restoration of peace.

Published 12 Jul, 2016 12:00am

AJK elections: PPP making last-ditch effort to garner opposition's support

Pakistan People's Party (PPP) is making a last ditch effort to garner the support of opposition parties in a bid to defeat Pakistan Muslim League-Nawaz (PML-N) in forthcoming Azad Kashmir Legislative Assembly elections, scheduled for July 21.

Published 12 Jul, 2016 12:00am

Attendance still thin in government offices

On first working day after Eid-ul-Fitr holidays, mainly thin attendance was observed in offices on Monday. People remained busy in wishing Eid to each other with leisure mood while the major discussion was high rates of garments, shoes, grocery items and

Published 12 Jul, 2016 12:00am

Rains, flash floods killed 45 in last 10 days: KP PDMA

The heavy torrential rains and flash floods have killed 45 persons and injured 25 others in various incidents during last ten days in different parts of Khyber Pakhtunkhwa. According to latest report of Provincial Disasters Management Authority (PDMA) Khy

Published 12 Jul, 2016 12:00am

Pakistan to become fifth most populous country by 2050: PCP

Pakistan will become the fifth most populous country by the Year 2050 with expected population of 342 million, according to Population Council Pakistan projections. According to Population Council fact sheet Pakistan population 2016, Pakistan is currently

Published 12 Jul, 2016 12:00am

CNIC re-verification drive: Nisar satisfied with response

Terming overwhelming response of the citizens in the ongoing CNIC re-verification drive as encouraging, the Interior Minister Chaudhry Nisar Ali Khan said that active participation from the citizens highlights importance of this national security drive an

Published 12 Jul, 2016 12:00am

Customs seizes 170 smart phone sets

Pakistan Customs has seized a huge consignment 170 costly smart phone sets of different brands at Bacha Khan International Airport. According to a spokesman of Model Customs Collectorate Peshawar (MCCP) the mobile sets had been recovered from baggage of a

Published 12 Jul, 2016 12:00am

Quake jolts Quetta, Zhob, Chaman

An earthquake measuring 4.9 on the Richter scale rocked Quetta, Zhob, Chaman and adjoining areas on early Monday morning. People came out of their homes in panic and started reciting verses from the Holy Quran. No loss of life was reported due to earthqua

Published 12 Jul, 2016 12:00am

Wanted terrorist held

The Counter Terrorism Department (CTD) arrested a wanted terrorist during a crackdown here on Monday. According to details, the CTD team responding to an intelligence report conducted operation in Battagram district during which it arrested a terrorist of

Published 12 Jul, 2016 12:00am

Special Court to hear treason case today

The Special Court will resume hearing of treason case against former President Pervez Musharraf for violating and subverting Constitution by proclamation of emergency in the country on November 3, 2007, Tuesday (July 12). The three-member court is headed

Published 12 Jul, 2016 12:00am

Parliamentarians start study tour of European Parliament

Pakistani parliamentarians have started a five days study tour of European Parliamentarian from Monday. The delegation comprising members of Senate and National Assembly would continue the tour till Friday (July 15) to know about the working of European a

Published 12 Jul, 2016 12:00am

Edhi's loss will be felt across the world: US Ambassador

The US Ambassador to Pakistan David Hale Monday said late Abdul Sattar Edhi has left behind a legacy of generosity, humility, and humanity and his loss will be felt throughout the world. "We join the people of Pakistan and the Edhi family in mourning the

Published 12 Jul, 2016 12:00am

Karachi ill prepared for heavy downpours, citizens say

Karachi, the largest city of Pakistan, is wholly unprepared for a heavy monsoon downpour in the city which according to the Met Office may trigger flash urban floods in vulnerable areas. Many roads of the city, especially the Shahra-e-Jamia from Karachi U

Published 12 Jul, 2016 12:00am

Orange Line project: LHC seeks explanation on protection of Lahore's monuments

The Punjab government has been told by the Lahore High Court to explain further on protection of Lahore's monuments falling within the route on which the Orange Line project is being executed. The Lahore High Court is hearing the case today (Tuesday).

Published 12 Jul, 2016 12:00am

Student killed by police

A second year college student lost his life due to the alleged firing by police during a late night quarrel over snatching of a mobile phone on Sunday night. According to details, the victim Abrar had reportedly posted an ad on a website for selling his m

Published 12 Jul, 2016 12:00am

Zardari condemns killing of innocent people in held Kashmir

Former President Asif Ali Zardari has condemned the killing of innocent people in the Indian held Kashmir and the arrest of several Kashmiri leaders and called upon the international community to take serious notice of the grave human rights violations in

Published 12 Jul, 2016 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 4	277.65
USD PKR Interbank Buying / Oct 4	277.45
USD to Japanese Yen / Oct 5	148.70
USD to Swiss Franc / Oct 5	0.86
Pound Sterling to USD / Oct 5	1.31
Euro to USD / Oct 5	1.10

Stock	Volume
S&P 500 / Oct 5	5,751.07
India Sensex / Oct 5	81,688.45
Tokyo Nikkei / Oct 5	38,635.62
Nasdaq / Oct 5	18,137.85
Hang Seng / Oct 5	22,736.87
FTSE 100 / Oct 5	8,280.63
Dow Jones / Oct 5	42,352.75
Germany DAX 30 / Oct 5	19,120.93

Item	Value
Crude Oil USD/Barrel / Oct 5	74.38
Karachi Cotton PKR/37.32 KG / Oct 5	18,285
Gold 10 Grams PKR / Oct 5	237,401.20
Gold Spot USD/Ounce / Oct 5	2,653.60
Cotton US¢/pound / Oct 5	73.27
Petrol/Litre / Oct 6	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 6 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 6 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 6 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 6 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 6 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 6 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 6 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 6 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 6 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 6 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 6 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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