News Archives for Print - 2016-07-13

Print - 2016-07-13

China stocks soar

China stocks posted solid gains on Tuesday, shaking off a weak morning session as investors bought shares in the finance and manufacturing sectors.

Published 13 Jul, 2016 12:00am

The Weather

The weather report on Tuesday (July 12, 2016) and the forecast for Wednesday (July 13, 2016).

Published 13 Jul, 2016 12:00am

PSP believes strong organisational structure a must to defeat MQM

The leadership of Pak Sarzameen Party (PSP) is working to strengthen the party's organisational structure in all major cities, especially in Karachi, to capture vote bank of Muttahida Qaumi Movement (MQM) and rally public support for next general election

Published 13 Jul, 2016 12:00am

Revision of electoral rolls: ECP official reviews arrangements

An important meeting under the chairmanship of Secretary Election Commission of Pakistan was held at ECP Secretariat, Islamabad to review the arrangements regarding revision of electoral rolls scheduled to be commenced in August 2016 throughout the countr

Published 13 Jul, 2016 12:00am

Abrar's murder: five, including 4 cops remanded to police custody

An Anti-Terrorism Court (ATC) on Tuesday handed over five suspects, including four police personnel, to police on 14-day physical remand in the murder case of young Muhammad Abrar who was shot dead on July 11, 2016. The Ferozbad police produced personnel

Published 13 Jul, 2016 12:00am

Killings in IHK: Kashmiris to hold demonstration in New York

Kashmiri-Americans will stage a demonstration in front of Indian Mission to the United Nations in New York on Sunday to protest against the killing of their compatriots in Indian-held Kashmir and to press for their U.N.-guaranteed right of self-determinat

Published 13 Jul, 2016 12:00am

IHK hospital struggles to treat hundreds of injured

Indian-held Kashmir's main hospital struggled to treat hundreds of patients wounded in four days of clashes Tuesday, as medics warned that many could lose their eyesight from shotgun injuries.

Published 13 Jul, 2016 12:00am

Killings of Kashmiris in AJK: PPP submits adjournment motion in NA Secretariat

Pakistan People's Party (PPP) has submitted an adjournment motion in the National Assembly Secretariat to discuss the massacre and bloodbath carried out by Indian forces in Jammu and Kashmir. The adjournment motion was submitted by PPP MNAs Shazia Mari, A

Published 13 Jul, 2016 12:00am

Kashmir Martyrs Day today

All is set by people of Jammu & Kashmir people as well as rest of the world to observe the 86th Kashmir Martyrs Day today (July 13) with the renewal of the pledge to continue their struggle for the freedom of occupied Jammu & Kashmir from the Indian yoke.

Published 13 Jul, 2016 12:00am

Zardari condemns murder of PPP leader

President Pakistan People's Party Parliamentarians (PPPP) and former President of Pakistan, Asif Ali Zardari has strongly condemned the murder of President of the party from Kurram Agency, Hamid Ali Turi and demanded immediate arrest of killers. Hamid Tur

Published 13 Jul, 2016 12:00am

China Pakistan Economic Corridor: speakers for providing maximum jobs to Gwadar people

Speakers at a seminar here Tuesday called for providing maximum employment opportunities and constitutional rights to the people of Gwadar district in China Pakistan Economic Corridor (CPEC).

Published 13 Jul, 2016 12:00am

Panama Papers: PPP to table bill in Senate

After talks between the government and opposition on formulating terms of reference (ToR) for holding probe into Panama leaks, which have failed, Pakistan People's Party (PPP) has decided to present its own bill in Senate.

Published 13 Jul, 2016 12:00am

Rain/dust-thunderstorm likely today

Rain/dust-thunderstorm with isolated heavy falls is expected at scattered places in Karachi division in coming 24 hours, the Met Office said on Tuesday. The rainy spell is also expected to strike Islamabad, Rawalpindi, Gujranwala, Lahore, Sargodha, Faisal

Published 13 Jul, 2016 12:00am

CJ LHC sheds light on cooperation of bar

The Lahore High Court's Chief Justice, Mansoor Ali Shah, has stressed the importance of cooperation of the bar, reminding members of the Punjab Bar Council that an exemplary judicial system can never be developed without the former's cooperation.

Published 13 Jul, 2016 12:00am

Sewerage system: HSTSI concerned over lack of de-silting

The office bearers of Hyderabad Chamber of Small Traders and Small Industry (HSTISI) have expressed their grave concern over no de-silting of the sewerage system of Hyderabad which, they said could bring the civic life of the citizens during heavy monsoon

Published 13 Jul, 2016 12:00am

Suparco employee killed

A man was killed while other injured while resisting a robbery bid at Suparco Road in the limits of Mubina Town police station. Police said Idrees, 35, was shot dead while Faisal Abbas, 25, was injured due to firing at their car having government number p

Published 13 Jul, 2016 12:00am

WWF-Pakistan, SWD rescue stranded dolphin

A WWF-Pakistan and Sindh Wildlife Department joint team, along with the local fishermen community successfully rescued a stranded female Indus River dolphin on Tuesday from the Salar Tributary of Kirthar Canal located 170 km off from Sukkur.

Published 13 Jul, 2016 12:00am

Guddu, Sukkur, Kotri barrages: water levels rising

The Flood Warning Centre said here on Tuesday that water level in the Indus River was increasing at Guddu, Sukkur and Kotri barrages in the Sindh province and over 31,000 cusecs fresh water is being thrown in the Indus Delta.

Published 13 Jul, 2016 12:00am

Lahore Orange Line Train project: government tried its level best to protect heritage sites, AGP told LHC

Attorney General for Pakistan Ashtar Ausaf Ali on Tuesday told a Lahore High Court bench hearing identical petitions against Orange Line Train project that the government tried its best to follow international standards to protect Lahore's historic monume

Published 13 Jul, 2016 12:00am

CAREEM announces new R&D strategy

CAREEM, the region's leading app-based car service, announced a new Research and Development (R&D) strategy and plans for global expansion. Over the next five years, CAREEM will invest $100 million in R&D, which includes growing its team in UAE and Pakist

Published 13 Jul, 2016 12:00am

Rains, urban flooding: DC sets up camp office

Deputy Commissioner Hyderabad, Moatasim Abbasi has set up a camp office to immediately redress public complaints arising from potential heavy rains and urban flooding.

Published 13 Jul, 2016 12:00am

Targeted killings: MWM to start country-wide protest from today

Majlis-e-Wahdat-ul-Muslimeen (MWM) has announced to start country-wide protests from today against menace of terrorism and killing of innocent Pakistanis in heinous acts of terrorism. The announcement was made by Central spokesman MWM Allama Mukhtar Imami

Published 13 Jul, 2016 12:00am

Three bodies recovered from Sukkur Barrage

Dead bodies of three people including a woman were recovered from Indus River at Sukkur Barrage here on Tuesday. Police said that after being informed by the people it took into custody three unidentified dead bodies including a woman at Sukkur Barrage.

Published 13 Jul, 2016 12:00am

Chandio condoles Agha Nasir's death

Advisor to Chief Minister Sindh on Information and Archives Moula Bux Chandio has condoled the demise of legendary broadcaster Agha Nasir. He expressed condolence with the bereaved family on demise of Agha Nasir, said a statement on Tuesday. Chandio said

Published 13 Jul, 2016 12:00am

Interior minister told: FIA completes probe into some mega corruption scandals

The Federal Investigation Agency (FIA) has completed the investigation of some mega corruption scandals, worth billions of rupees, involving some big fishes, it is learnt According to sources, an FIA official informed Interior Minister Chaudhry Nisar Ali

Published 13 Jul, 2016 12:00am

'Rs 449 million set aside to eliminate child labour'

A provincial minister has claimed that his government will provide basic education and additional skill development with stipends to help children involved in child labour at workshops, petrol filling stations, hotels and restaurants and intended to tackl

Published 13 Jul, 2016 12:00am

Orchard experts warn growers of 'citrus greening'

Citrus orchard experts have warned growers of "citrus greening" which is primarily spread by a small insect called Asian citrus psyllid, feeding on citrus tree leaves and stems. The experts believe the disease spreads fast because of monsoon rains and aff

Published 13 Jul, 2016 12:00am

RTA to start examining public transport vehicles

Secretary Regional Transport Authority (RTA) Hyderabad has announced to start checking of public transport vehicles plying on different routes of Hyderabad and adjoining districts to address the public complaints.

Published 13 Jul, 2016 12:00am

PU law college auditorium to be named after Edhi

The Punjab University Law College has decided to name her recently restored old auditorium after renowned philanthropist Abdul Sattar Edhi. The college is planning a ceremony to pay tribute to him. The University of Veterinary and Animal Sciences in Lahor

Published 13 Jul, 2016 12:00am

KP Governor pays surprise visit to Dogra Hospital

Khyber Pakhtunkhwa Governor Iqbal Zafar Jhagra on Tuesday paid a surprise visit of Dogra Hospital in Tehsil Bara of Khyber Agency and inspected its emergency unit, OPD, wards and dispensary besides attendance of the staff and quality of the medicines. Bes

Published 13 Jul, 2016 12:00am

20 dead in Italy head-on train crash

At least 20 people were killed Tuesday in a head-on collision between two passenger trains in the southern Italian region of Puglia, in one of the country's worst rail accidents in recent years. Emergency services raced to extract people from the wreckage

Published 13 Jul, 2016 12:00am

Russia slams UN Syria envoy over stalled peace talks

Russian Foreign Minister Sergei Lavrov on Tuesday lambasted the UN envoy for Syria for failing to restart peace talks aimed at ending the brutal five-year conflict.

Published 13 Jul, 2016 12:00am

US hails Sri Lanka's post-war reconciliation efforts

The United States on Tuesday praised Sri Lanka's steps taken under a UN resolution to address alleged human rights abuses in the final phase of a 26-year war with Tamil Tiger rebels, and said it would do what it could to see through the process.

Published 13 Jul, 2016 12:00am

EU launches controversial internet privacy deal with US

The European Union on Tuesday launched a controversial deal with the United States aimed at curbing government spying on the personal internet infomation of European citizens. The deal replaces one struck down by the EU's top court in October, a decision

Published 13 Jul, 2016 12:00am

Quest to end AIDS epidemic at risk: UN

Efforts to end the global AIDS pandemic by 2030 are lagging, the UN warned Tuesday, decrying rising numbers of new HIV infections among adults in many regions, with Russia especially hard-hit. In a new report, UNAIDS cautioned that while new HIV infection

Published 13 Jul, 2016 12:00am

Bombing at market near Baghdad kills seven

A suicide bombing at a market near Baghdad killed at least seven people on Tuesday, officials said, the latest in a series of deadly attacks in and around the capital. The suicide bomber detonated a vehicle packed with explosives at a wholesale vegetable

Published 13 Jul, 2016 12:00am

2016 'bloodiest' year for Afghan journalists

This year has been the most violent on record for Afghan media, with 10 journalists killed in the first six months according to a new report from a national watchdog. The Afghan Journalists' Safety Committee (AJSC), which released its January-June finding

Published 13 Jul, 2016 12:00am

Three dead at Michigan courthouse

A US inmate at a Michigan courthouse shot and killed two court officers and wounded a sheriff's deputy Monday during a struggle to escape before responding officers returned fire and killed him, officials said.

Published 13 Jul, 2016 12:00am

Nepal's Maoists quit coalition government

Nepal's former rebel Maoists withdrew from the ruling coalition on Tuesday, leaving the government without a majority and threatening to plunge the quake-hit country into a fresh political crisis.

Published 13 Jul, 2016 12:00am

Zuma honours black WWI soldiers

One hundred years after they fought together in World War I, white and black soldiers are finally being honoured equally at South Africa's memorial on the former battlefields in northern France. South African President Jacob Zuma on Tuesday inaugurated a

Published 13 Jul, 2016 12:00am

Italy time clock cheats wear cardboard boxes over heads

Public sector workers in southern Italy have been caught wearing cardboard boxes over their heads in a bid to avoid identification as they cheat on their time clocks, Italian media reported Tuesday. Police caught 23 council employees in the town of Boscot

Published 13 Jul, 2016 12:00am

Israel passes law seen as targeting left-wing NGOs

Israel's parliament has adopted a law seen as targeting left-wing groups critical of the government by forcing NGOs that receive most of their funding from foreign states to declare it.

Published 13 Jul, 2016 12:00am

Currency

Sri Lankan rupee ends lower

The Sri Lankan rupee ended weaker on Tuesday on a lack of exporter dollar conversions and as foreign investors cut down on rupee bond buying in favour of a new higher-yielding sovereign dollar bond, dealers said.

Published 13 Jul, 2016 12:00am

Currency

Sterling rebounds strongly

Sterling rebounded strongly on Tuesday and was on track for its biggest one-day gain against the yen in over three years, with the anointing of interior minister Theresa May as British prime minister helping investors regain some risk appetite across mark

Published 13 Jul, 2016 12:00am

Bangladesh's interbank forex rates

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

Published 13 Jul, 2016 12:00am

Currency

Soft yen drags Asia FX weaker

Most emerging Asian currencies eased on Tuesday, tracking a weaker yen, while improving risk sentiment on expectations of more global economic stimulus limited their losses. China's yuan bucked the depreciation trend although the central bank set its dail

Published 13 Jul, 2016 12:00am

Currency

Aussie, kiwi slightly higher

The Australian and New Zealand dollars were slightly higher Tuesday, paring some overnight losses after the greenback gained ground. The Australian dollar was at 0.7568 while the New Zealand dollar was at 0.7255, still well off the one-year highs it hit M

Published 13 Jul, 2016 12:00am

Currency

Dollar rises most in nearly two years versus yen in New York

The dollar rose to a 10-day high against the yen on Monday, notching its largest one-day percentage gain in nearly two years, following Japanese Prime Minister Shinzo Abe's call for a fresh round of fiscal stimulus after a victory for his ruling coalition

Published 13 Jul, 2016 12:00am

Currency

Early trade in New York: yen falls to lowest since June 23 Brexit vote

The yen fell on Tuesday to its lowest in over two weeks against the dollar and euro, as a weekend election victory by Japan's ruling coalition paved the way for more stimulus, rekindling investor appetite for stocks and risk assets world-wide.

Published 13 Jul, 2016 12:00am

Currency

Yen sheds post-Brexit gains in Europe

The yen hit its lowest in nearly three weeks against the dollar on Tuesday and shed 1.4 percent versus the euro, as a weekend election victory by Japan's ruling coalition paved the way for more stimulus, bolstering risk sentiment.

Published 13 Jul, 2016 12:00am

Currency

Yen sags in Asia

The yen hit a one-week low versus the dollar on Tuesday, after a weekend election victory by Japan's ruling coalition fanned expectations of more economic stimulus and bolstered risk sentiment. Gains in equity markets helped spur selling of the yen, which

Published 13 Jul, 2016 12:00am

List of properties owned by Musharraf: Special Court issues notice to Joint Secretary Interior

A Special Court trying former army chief Pervez Musharraf on high treason charges on Tuesday issued notice to Joint Secretary Ministry of Interior over his failure to submit list of properties owned by Musharraf.

Published 13 Jul, 2016 12:00am

Appointment of ECP members, Panama ToRs: Shujaat contacts opposition parties

President Pakistan Muslim League-Q (PML-Q) Chaudhry Shujaat Hussain contacted leaders of different opposition parties to discuss appointment of Election Commission of Pakistan (ECP) members and Term of References (ToRs) for the proposed Judicial Commissio

Published 13 Jul, 2016 12:00am

CM reviews progress over infrastructure projects

Punjab Chief Minister Shahbaz Sharif presided over a high-level meeting here on Tuesday which reviewed progress on infrastructure development projects. Addressing the meeting, Shahbaz Sharif said that modern infrastructure is of vital importance for rapid

Published 13 Jul, 2016 12:00am

Non-specialist readers: KP Finance Department publishes 'citizens' budget'

To ensure better service delivery, financial management & accountability, the provincial government, like in other sectors, also initiated significant reforms in Khyber Pakhtunkhwa Finance Department during the last three years.

Published 13 Jul, 2016 12:00am

PA select panel approves criteria for selection of VCs

Chief Minister Khyber Pakhtunkhwa Pervez Khattak chaired a meeting of the select committee on universities (Amendment) Bill, 2016 here in the Provincial Assembly secretariat that approved the criteria for selection of the Vice Chancellors in all public se

Published 13 Jul, 2016 12:00am

US urges Pakistan, Afghanistan to eliminate terrorists safe havens

The United States has again repeated its stance that border region between Afghanistan and Pakistan is still a safe haven for many terrorist groups. State Department spokesperson John Kirby answering a question said the governments in Afghanistan and Paki

Published 13 Jul, 2016 12:00am

Payment to farmers: sugar mill ordered to sell stock

A sugar mill has been told by the city's top court to sell its stock and then deposit the money with it to pay farmers who provided the mill with sugarcane.

Published 13 Jul, 2016 12:00am

Warid Telecom chief meets Prime Minister

A delegation led by Sheikh Nahyan bin Mubarak Al Nahyan, Chairman of Warid Telecom International and chairman of the Abu Dhabi Group, Union National Bank, and United Bank Limited called on Prime Minister Nawaz Sharif at Raiwind on Tuesday morning.

Published 13 Jul, 2016 12:00am

Revision of voters' lists: ECP to launch drive from Aug 1, NA body told

The Election Commission of Pakistan (ECP) has informed the National Assembly's Standing Committee on Parliamentary Affairs that the Commission would launch a campaign for revision of voter lists from August 1, 2016.

Published 13 Jul, 2016 12:00am

Debt capital development: SECP proposes operational level body

The Securities and Exchange Commission of Pakistan (SECP) has proposed an operational level committee consisting of Pakistan Stock Exchange (PSX), banks, securities brokers and other stakeholders to identify bottlenecks and suggest measures for developmen

Published 13 Jul, 2016 12:00am

Paktika, Paktia most volatile areas

The Haqqani network is still a major irritant and a source of mistrust between Pakistan and Afghanistan despite a full-scale across-the-board military operation Zarb-e-Azb against all militant groups in bordering areas.

Published 13 Jul, 2016 12:00am

Sarhadi calls for introduction of 'automatic refund system'

Former senior vice president, Khyber Pakhtunkhwa Chamber of Commerce & Industry (KPCCI) and president, Frontier Customs Agents Group (FCAG), KP Zia-ul-Haq Sarhadi has called for introduction of automatic refund system to redress the complaints of business

Published 13 Jul, 2016 12:00am

Public comments sought: SECP notifies draft Share Registrars & Balloters Regulations

The Securities and Exchange Commission of Pakistan (SECP) has notified the draft Share Registrars and Balloters Regulations, 2016, to obtain public opinion. The regulations shall be applicable to persons who provide services as share registrars and ballot

Published 13 Jul, 2016 12:00am

Government blamed for sluggish growth: leading economists fear deflation

Painting a gloomy picture of the country's economy, some leading economists feared that Pakistan has landed in deflation while others blamed the government for sluggish growth rate.

Published 13 Jul, 2016 12:00am

Recovery of heroin: Parliamentary panel irked by slow process of investigation

A parliamentary panel on Tuesday expressed its displeasure over slow process of investigation into recovery of 28kg and 3kg of heroin from two different flights of Pakistan International Airlines (PIA) despite passage of so many months.

Published 13 Jul, 2016 12:00am

Prayer leader killed

A prayer leader of a mosque located in Gulistan Jauhar was shot dead by armed men on Tuesday. According to reports, unidentified armed men entered the mosque and opened indiscriminate firing at the Imam. The Imam suffered grievous injuries and later died

Published 13 Jul, 2016 12:00am

MPA's fake degree case: D&S judge asked to conclude proceedings in two months

The Supreme Court on Tuesday asked the District & Session Judge Rawalpindi to conclude proceedings of fake degree case filed against Member Punjab Assembly (MPA) Raja Shoukat Aziz Bhatti in two months on day-to-day hearing basis.

Published 13 Jul, 2016 12:00am

RECORDER REPORT

Governor Khyber Pakhtunkhwa Iqbal Zafar Jhagra on Tuesday visited to hospitals in Bara and Jamrud tehsils in Khyber Agency and inspected overall provision of facilities to poor patients at the health facilities.

Published 13 Jul, 2016 12:00am

AGP summons policy board's meeting on August 1

The Auditor General of Pakistan has called the first meeting of the policy board on August 1, 2016 to discuss wide-ranging reforms and policy for improved accountability and transparent governance. It may be recalled that in order to make the process of a

Published 13 Jul, 2016 12:00am

Effective accountability mechanism vital for economic growth: NAB

Chairman, National Accountability Bureau (NAB), Qamar Zaman Chaudhry on Tuesday said an effective accountability mechanism is essential for economic growth, investment and stability of social order. The intervention by NAB has acted as a catalyst, as tran

Published 13 Jul, 2016 12:00am

Five policemen, child hurt in Swat blast

At least five policemen and a child were received sustained injuries in a blast in Bahrain area of Swat on Tuesday. According to details, police van was in routine patrolling in the area when a remote-controlled bomb hit it in Bahrain area. The police van

Published 13 Jul, 2016 12:00am

FTSE settles near 11-month high, mid-caps outperform

Britain's top share index settled near an 11-month high on Tuesday while mid-caps rose nearly 1 percent as political uncertainty eased following the news Theresa May will be the next prime minister. Gains in large-cap property-related stocks offset weakne

Published 13 Jul, 2016 12:00am

Australian shares rise, New Zealand at new record

Australian shares rose for a fourth straight session on Tuesday as investors cheered the end of political roadblocks in Britain and at home, while New Zealand stocks nudged further into record territory. The S&P/ASX 200 index climbed 0.3 percent, or 16.09

Published 13 Jul, 2016 12:00am

Hong Kong shares up

Hong Kong shares finished up on Tuesday, joining a global equity rally after the US benchmark S&P 500 hit a new high overnight. The Hang Seng index rose 1.7 percent, to 21,224.74, while the China Enterprises Index gained 1.8 percent, to 8,855.31 points.

Published 13 Jul, 2016 12:00am

European shares rise for 4th straight session

European shares rose on Tuesday, with Italian bank stocks outperforming on expectations of measures to tackle their bad debts, while better earnings also helped carmakers' shares. The pan-European STOXX Europe 600 index and the similar FTSEurofirst 300 in

Published 13 Jul, 2016 12:00am

Indian shares keep climbing

Indian shares gained for a second consecutive session on Tuesday, with the NSE index hitting its highest in nearly 11 months, on the back of encouraging US data and expectations of further monetary stimulus from global policymakers. The broader NSE index

Published 13 Jul, 2016 12:00am

Cotton

Prices of rice, Masoor up on grain market

Prices of rice were higher on the wholesale grain market on Tuesday in the process of modest trading, dealers said. On the cereals side, Masoor Canada low type was higher by Rs 200 to Rs 10800 while the best type was unchanged at Rs 11000, Masoor Dall Can

Published 13 Jul, 2016 12:00am

Currency

Brazil posts surprise retail sales drop for May

Retail sales in Brazil fell unexpectedly in May as rising unemployment continued to hurt consumption, government data showed on Tuesday, suggesting the economy may take longer to hit bottom in its worst recession in decades.

Published 13 Jul, 2016 12:00am

Thieves get Taiwan cash machines to churn out $2 million

Thieves suspected of installing a computer programme that got cash machines in Taiwan to churn out more than $2 million were being hunted by police on Tuesday, officials said. The masked robbers ransacked more than 30 ATMs at the Taipei-based First Commer

Published 13 Jul, 2016 12:00am

Japan government to cut inflation forecasts, gloomier on outlook than BoJ

Japan's government is expected to cut its consumer inflation forecast for the current fiscal year and produce an estimate for fiscal 2017 that is much lower than the central bank's 2 percent target, government sources told Reuters on Tuesday.

Published 13 Jul, 2016 12:00am

Bombardier gets green light for CS300 passenger jet

Bombardier said Monday it has won certification from Canada's government for its CS300 passenger jet and the first ones will be delivered late this year. The CS300 is the larger model of the company's CSeries and holds between 130 and 160 passengers.

Published 13 Jul, 2016 12:00am

Brazil could sell Sao Paulo and Rio airports: interim president

Brazil's government will consider selling airports in Sao Paulo and Rio to help to reduce a large fiscal deficit next year, interim President Michel Temer told the Folha de S.Paulo newspaper on Sunday.

Published 13 Jul, 2016 12:00am

Tesla readies updated 'secret masterplan'

Electric carmaker Tesla is preparing an updated "secret masterplan," as the company looks to rebound from concerns over two crashes of vehicles using its "autopilot" semi-autonomous driving mode. Company founder Elon Musk announced on Twitter Sunday that

Published 13 Jul, 2016 12:00am

Finland auctions Soviet cars abandoned by migrants

Collectors with a penchant for old Soviet cars will head to the Arctic this weekend where the Finnish customs will auction dozens of cars abandoned by migrants crossing over from Russia.

Published 13 Jul, 2016 12:00am

China auto sales speed up 14.6 percent in June

Car sales growth in China, the top global auto market, accelerated for the second consecutive month, an industry group reported Monday, despite continued woes in the world's second-largest economy. A total of 2.07 million vehicles were sold in China last

Published 13 Jul, 2016 12:00am

China auto sales speed up 14.6 percent in June

Published 13 Jul, 2016 12:00am

Wahab promises Pakistan will back 'younger brother' Aamir

Pakistan's Wahab Riaz has insisted Mohammad Amir has the support of all his team-mates as he prepares to make his return to Test cricket at Lord's on Thursday.

Published 13 Jul, 2016 12:00am

Root ready for number three role

England batsman Joe Root is confident he can cope with the added responsibility of batting at number three during the upcoming Test series against Pakistan. Root has been promoted one place up the order following former number three Nick Compton's decisio

Published 13 Jul, 2016 12:00am

Loew stays on as Germany coach

Joachim Loew ended speculation about his immediate future when he confirmed Tuesday that he would stay on as coach of Germany despite the disappointment of the Euro 2016 semi-final defeat by France.

Published 13 Jul, 2016 12:00am

Is Rio's Olympic 'transformation' for real?

Rio's mayor touts a "transformation" of the 2016 Olympic city but when Rosa, a cleaning lady, makes the difficult journey back to her crime-ridden slum each evening, she's grateful just to have made it home. At the heart of Rio de Janeiro's so-called lega

Published 13 Jul, 2016 12:00am

Foreign T20 stars keep signing up for PSL

Top foreign cricket stars are joining HBL Pakistan Super League with Sri Lankan pacer Lasith Malinga and South African all-rounder Albie Morkel becoming the latest additions to an impressive player roster.

Published 13 Jul, 2016 12:00am

Siddikur creates Olympic history for Bangladesh

Golfer Siddikur Rahman has become the first ever Bangladeshi to directly qualify for the Olympics Games after cementing his status as one of the top 60 players for next month's tournament in Rio de Janeiro. The 31-year-old's place was confirmed when he fi

Published 13 Jul, 2016 12:00am

Matthews completes Grand Tour stage sweep

Michael Matthews completed the full set of Grand Tour stage victories with success at the Tour de France 10th stage on Tuesday. The 25-year-old Australian had already taken three stage wins at the Vuelta a Espana and two on the Giro d'Italia.

Published 13 Jul, 2016 12:00am

Barca complete deal for Lyon's Umtiti

Barcelona have completed the signing of France defender Samuel Umtiti from Lyon in a deal worth 25 million euros ($27.7 million), the Spanish champions announced on Tuesday. Umtiti, 22, will pen a five-year contract with Barcelona which includes a buy-out

Published 13 Jul, 2016 12:00am

India change hockey skipper ahead of Olympics

India's hockey coach Roelant Oltmans said Tuesday that skipper Sardar Singh had been replaced as captain for the Olympics as he backed the sport's one-time giants to continue their recent revival in Rio. After unveiling the 16-strong men and women's squad

Published 13 Jul, 2016 12:00am

McIlroy delivers low blow as Spieth admits 'hardest decision'

Rory McIlroy dealt another blow to golf's relationship with the Olympics on Tuesday as he indicated that he would only watch "the stuff that matters" at next month's Games.

Published 13 Jul, 2016 12:00am

Soyabeans advance

US soyabean futures rose advanced on Tuesday ahead of a monthly crop outlook from the US government that may show increased export demand for the oilseed. Corn and wheat futures slipped.

Published 13 Jul, 2016 12:00am

Gold little changed in Asia

Gold on Tuesday held near lows touched in the previous session as Asian stocks rallied and markets assessed whether the latest US jobs data has boosted the prospects for an interest rate hike by the US Federal Reserve. Spot gold was little changed at $1,3

Published 13 Jul, 2016 12:00am

Gold slips in Europe

Gold fell for a second straight day on Tuesday as global equities rallied on easing political uncertainty in Britain and hopes for more economic stimulus, which in turn curbed demand for assets perceived as a safe haven. Spot gold fell as much as 1.1 perc

Published 13 Jul, 2016 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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