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Oct 07, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-07-19
Loss of small-country bank access risks 'systemic' disruptions: IMF

Loss of small-country bank access risks 'systemic' disruptions: IMF

The loss of correspondent banking relationships in developing countries as major banks try to limit risk exposures could marginalize small economies and cause "systemic" disruptions to their financial systems, the head of the International Monetary Fund s
Published 19 Jul, 2016 12:00am
Qatar, Dubai bourses surge, rest of region restrained

Qatar, Dubai bourses surge, rest of region restrained

Qatar's stock market surged as it broke major technical resistance and Dubai was boosted by real estate companies on Monday, while most Middle Eastern markets were held back by weak oil prices and uneven corporate earnings. The Qatari index gained 1.6 per
Published 19 Jul, 2016 12:00am
Sri Lankan shares down

Sri Lankan shares down

Sri Lankan shares ended weaker on Monday, from their more than three-week closing high hit in the previous session, as investors turned cautious ahead of the government's policy statement next month. The bourse touched a three-week high on Friday after in
Published 19 Jul, 2016 12:00am
China stocks down

China stocks down

China stocks closed lower on Monday as real estate and construction shares sold off after data showed house price gains slowing in June. Property shares led indexes lower with the Shanghai Composite property sub-index down 0.7 percent.
Published 19 Jul, 2016 12:00am
Japanese markets closed

Japanese markets closed

Japanese financial, stocks and commodity markets were closed on Monday for a national holiday. Markets resume trading on Tuesday.
Published 19 Jul, 2016 12:00am
Hong Kong shares up

Hong Kong shares up

Hong Kong shares finished up on Monday in line with European and most other Asian shares, shrugging off weak Chinese house price momentum in June which dented China shares. The Hang Seng index rose 0.7 percent, to 21,803.18, while the China Enterprises In
Published 19 Jul, 2016 12:00am
Most SE Asian stocks higher

Most SE Asian stocks higher

Most Southeast Asian stocks closed higher on Monday ahead of a policy meeting by the European Central Bank later this week, but the Philippine index snapped six sessions of gains as investor focus shifted to the local market debut of a Mexican cement make
Published 19 Jul, 2016 12:00am
Eurozone bond yields lower, focus turns to ECB

Eurozone bond yields lower, focus turns to ECB

The European Central Bank meets later this week against a backdrop of sharply lower government bond yields that raising pressure on the ECB to address a scarcity of bonds for its 1.7 trillion euro stimulus programme.
Published 19 Jul, 2016 12:00am
Eurozone bond yields lower, focus turns to ECB

Eurozone bond yields lower, focus turns to ECB

The European Central Bank meets later this week against a backdrop of sharply lower government bond yields that raising pressure on the ECB to address a scarcity of bonds for its 1.7 trillion euro stimulus programme.
Published 19 Jul, 2016 12:00am
Indian shares lower

Indian shares lower

Indian shares closed lower for a second consecutive session as investors booked profits in recent outperformers, after rising earlier on positive sentiment due to a good monsoon. The NSE index fell 0.38 percent to end at 8,508.70 after earlier gaining as
Published 19 Jul, 2016 12:00am
European shares rise as ARM leads tech stocks higher

European shares rise as ARM leads tech stocks higher

European shares rose on Monday as technology stocks climbed after a bid for Britain's ARM , enabling markets to offset concerns over unrest in Turkey that weighed on some travel and financial stocks. The pan-European STOXX 600 index closed up 0.2 percent.
Published 19 Jul, 2016 12:00am
Taiwan stocks hit near one-year high

Taiwan stocks hit near one-year high

Taiwan stocks rose to their highest levels in nearly one year on Monday on investor optimism over recent foreign investors' buying. Investors may be buying ahead of the release of June export orders data later this week, which could spark profit taking if
Published 19 Jul, 2016 12:00am
Australian shares up

Australian shares up

Australian shares edged up on Monday despite a weaker resources sector and concerns that events in France and Turkey would weigh on equities markets. The S&P/ASX 200 index ended 0.5 percent, or 28.9 points, higher 5,458.5.
Published 19 Jul, 2016 12:00am
FTSE hits 11-month high as ARM soars 41 percent

FTSE hits 11-month high as ARM soars 41 percent

Britain's top equity index touched an 11-month closing high on Monday, boosted by a surge in shares of ARM Holdings after Japan's SoftBank Group agreed to buy the chip designer in a $32 billion cash deal. ARM, whose processor and graphics technology is us
Published 19 Jul, 2016 12:00am
Judicial commission recommends appointments of additional judges

Judicial commission recommends appointments of additional judges

The Judicial Commission of Pakistan on Monday recommended appointments of three additional Judges for Balochistan High Court and two additional Judges for Peshawar High Court. The Judicial Commission's meeting was held in the Supreme Court with Chief Just
Published 19 Jul, 2016 12:00am
Ignoring rules & regulations: CDA to regularise 16 daily wage officers

Ignoring rules & regulations: CDA to regularise 16 daily wage officers

Capital Development Authority (CDA) will regularize 16 daily wages officers who had been inducted in shady manner. Sources in the CDA told Business Recorder that the authority's board is regularising the services of 16 officers appointed on daily wage bas
Published 19 Jul, 2016 12:00am
'Coal & gas-based power plants to provide low cost electricity'

'Coal & gas-based power plants to provide low cost electricity'

Punjab Chief Minister, Muhammad Shahbaz Sharif has said that completion of 5,000 MW coal and gas based power plants will provide low cost electricity to the people He was addressing a high level meeting that reviewed progress on development projects inclu
Published 19 Jul, 2016 12:00am
Non-recovery of CJ's son: lawyers go on three-day strike

Non-recovery of CJ's son: lawyers go on three-day strike

The lawyers of Karachi on Monday went on three-day strike to protest against the non-recovery of Barrister Owais Ali Shah, the son of Chief Justice Sindh High Court (SHC) Justice Sajjad Ali Shah, despite the passage of four weeks after his kidnapping.
Published 19 Jul, 2016 12:00am
'Thousands' of containers 'lost' at PICT: traders

'Thousands' of containers 'lost' at PICT: traders

Thousands of containers, as traders claim, are missing at Pakistan International Container Terminal (PICT) as the Philippines operators of PICT lack in space, equipment and computerised recordkeeping system to handle an increasing number of imported and e
Published 19 Jul, 2016 12:00am
CM orders action: Karachi stinking as garbage removal system fails

CM orders action: Karachi stinking as garbage removal system fails

Sindh Chief Minister Syed Qaim Ali Shah while expressing his anger and anguish has directed Commissioner Karachi and Administrator Karachi to clean the city of Karachi within three days by lifting the garbage heaped along the roads and in the streets, oth
Published 19 Jul, 2016 12:00am
Japanese CG visits KU, meets vice chancellor

Japanese CG visits KU, meets vice chancellor

Japan and Pakistan have friendly relations, and higher education sector can help establish stronger linkages and cooperation in the fields of academic, research and cultural between the institutions of both the countries.
Published 19 Jul, 2016 12:00am
Exam forms: SU announces schedule

Exam forms: SU announces schedule

The Controller of Examinations (Annual), University of Sindh, Jamshoro has notified for information of all concerned that the examination forms for BA, B Com, BSc, BSc Home Economics and MA can be filled from July 19, 2016 to August 29, 2016 without late
Published 19 Jul, 2016 12:00am
Chandio hails Turkish people's reaction to coup attempt

Chandio hails Turkish people's reaction to coup attempt

While hailing the strong reaction of Turkish people to coup attempt in Turkey, Advisor to Chief Minister Sindh on Information and Achieves Moula Bux Chandio said democracy is the best form of government, which is of the people, for the people and by the p
Published 19 Jul, 2016 12:00am
Tax refunds: Zahid Saeed seeks PM's intervention for early release

Tax refunds: Zahid Saeed seeks PM's intervention for early release

President, Korangi Association of Trade and Industry, Zahid Saeed has sought the intervention of Prime Minister Mian Nawaz Sharif for early release of tax refunds claims. He said that refund claims pertain to sales tax, customs rebate and duty drawback am
Published 19 Jul, 2016 12:00am
Condolence

Condolence

"Sarmad Ali, President and SM Munir Jilani, Acting Secretary General of the All Pakistan Newspapers Society have expressed profound grief on behalf of APNS over the sad demise of the wife of Saeed Khawar, Resident Editor, Daily Nawa-i-Waqt, Karachi.
Published 19 Jul, 2016 12:00am
US Ambassador meets Shahbaz

US Ambassador meets Shahbaz

The United States Ambassador to Pakistan David Hale and Consul General in Lahore Zachary Harkenrider met Punjab Chief Minister Muhammad Shahbaz Sharif and discussed matters of mutual interest, promotion of bilateral ties and cooperation in various sectors
Published 19 Jul, 2016 12:00am
FTA likely to be signed by year-end: Thai envoy
Cotton

FTA likely to be signed by year-end: Thai envoy

Thailand and Pakistan are in the process of negotiations on Free Trade Agreement (FTA) which is likely to be signed by the end of this year. The Thai Ambassador Suchart Liengsaengthong revealed this while talking to Vice President of the Lahore Chamber of
Published 19 Jul, 2016 12:00am
Sindh government formulating policy on culture: Sharmila

Sindh government formulating policy on culture: Sharmila

Andrew Senior, a consultant of the UNSECO and an international expert on culture and creative economy said on Monday that Pakistan had tremendous opportunities to boost rich cultural and creative sectors for socio-economic and sustainable development.
Published 19 Jul, 2016 12:00am
KP, FWO may sign agreement to set up oil refinery

KP, FWO may sign agreement to set up oil refinery

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has revealed that his government is expected to make an agreement with the Frontier Works Organisation (FWO) for the setting up of an Oil Refinery at Karak along with some other projects in hydel power gene
Published 19 Jul, 2016 12:00am
UCP to hold eight-day faculty development programme

UCP to hold eight-day faculty development programme

UCP Business School, University of Central Punjab started a comprehensive one week "Faculty Development Program" from 14th - 22nd July, 2016 at UCP. Dr Muhammad Nizamuddin, Chairman HEC Punjab graced the opening ceremony as the Chief Guest
Published 19 Jul, 2016 12:00am
Sri Lankan rupee ends lower
Currency

Sri Lankan rupee ends lower

The Sri Lankan rupee fell on Monday as state-run banks bought dollars to meet demand for the US currency from importers, even as inflows from a sovereign bond issue, which dealers say would lift the local currency, are expected starting later in the day.
Published 19 Jul, 2016 12:00am
Turkish lira bounces; yen retreats in Asia
Currency

Turkish lira bounces; yen retreats in Asia

The Turkish lira rose against the dollar and the safe-haven yen fell broadly on Monday in the wake of a failed Turkish coup over the weekend, easing investor concerns about political uncertainty and geopolitical risks.
Published 19 Jul, 2016 12:00am
Early trade in New York: dollar rises against yen
Currency

Early trade in New York: dollar rises against yen

The dollar rose against the yen on Monday, approaching a three-week high, as investors unwound a surge of safe-haven trades made on the back of an attempted military coup in Turkey. Turkey purged its police on Monday after rounding up thousands of soldier
Published 19 Jul, 2016 12:00am
Yen slips broadly in Europe
Currency

Yen slips broadly in Europe

The yen sank back towards three-week lows against the dollar on Monday as investors unwound a surge of safe-haven trades done on the back of reports of an attempted military coup in Turkey on Friday. Turkey widened a crackdown on suspected supporters of t
Published 19 Jul, 2016 12:00am
Bangladesh's interbank forex rates

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 19 Jul, 2016 12:00am
Soft yuan dampens Asia FX; Turkish lira recovers
Currency

Soft yuan dampens Asia FX; Turkish lira recovers

Most emerging Asian currencies eased on Monday as China's yuan hit a more than 5-1/2-year trough after the central bank set its daily guidance rate at its lowest since October 2010 with the dollar firm after upbeat US economic data.
Published 19 Jul, 2016 12:00am
Kiwi slides, Aussie steady

Kiwi slides, Aussie steady

The New Zealand dollar slid for a fourth straight day on Monday as surprisingly soft inflation figures led the market to price in a higher probability of a cut in official rates next month. The kiwi slipped half a US cent to $0.7078 after the consumer pri
Published 19 Jul, 2016 12:00am
Hawaiian Airlines plane in emergency landing

Hawaiian Airlines plane in emergency landing

A Hawaiian Airlines plane made an emergency landing in Tokyo early Monday, bursting its tyres and forcing the closure of one runway and the cancellation of several other flights, although no one was injured, local media reported.
Published 19 Jul, 2016 12:00am
Many fitness trackers leak personal data

Many fitness trackers leak personal data

Security weaknesses on many popular fitness trackers may allow hackers to access or potentially manipulate user data, a study showed Monday. The study of seven Android-powered trackers by the security firm AV-Test showed vulnerabilities similar to that fo
Published 19 Jul, 2016 12:00am
Iraq marshlands named UNESCO world heritage site

Iraq marshlands named UNESCO world heritage site

UNESCO has named Iraqi marshlands once ravaged by dictator Saddam Hussein as a World Heritage Site, a bright spot for a country where jihadists have repeatedly sought to wipe out history. The area named "is made up of seven sites: three archaeological sit
Published 19 Jul, 2016 12:00am
Johnson says Britain to keep 'leading role' in Europe

Johnson says Britain to keep 'leading role' in Europe

New British foreign minister and top Brexit backer Boris Johnson pledged Monday Britain would continue to play a "leading role" in Europe as he met his European Union peers in Brussels for the first time. The normally ebullient Johnson was on his best beh
Published 19 Jul, 2016 12:00am
Twin bombings kill 11 in Yemen

Twin bombings kill 11 in Yemen

Suicide bombers on Monday attacked two army checkpoints in a former stronghold of al Qaeda in south-eastern Yemen, killing 11 people, health and security officials said. One attacker drove his bomb-laden truck into a checkpoint in a western district of Ha
Published 19 Jul, 2016 12:00am
East Asian shipping emissions kill tens of thousands

East Asian shipping emissions kill tens of thousands

A sharp rise in shipping emissions in east Asia is killing tens of thousands of people in the region every year and adding to global warming, a study said Monday. The manufacturing and export hub has the world's fastest-growing rate of particle and carbon
Published 19 Jul, 2016 12:00am
African Union fails to elect new leader

African Union fails to elect new leader

African heads of state meeting in Kigali failed on Monday to elect a new head of the African Union and will try again in January, an official said. Current AU Commission President Nkosazana Dlamini-Zuma was due to stand down but leaders were unable to agr
Published 19 Jul, 2016 12:00am
Russia expels OSCE translator as 'Kiev agent'

Russia expels OSCE translator as 'Kiev agent'

Russia on Monday said it had expelled a local translator working for the OSCE's monitoring mission in Ukraine's separatist east for allegedly handing Kiev intelligence on the Moscow-backed rebels. Russia's FSB security service said it had "exposed and det
Published 19 Jul, 2016 12:00am
France falls silent for Nice victims as politicians bicker

France falls silent for Nice victims as politicians bicker

France fell silent on Monday for the victims of the Nice truck attack, but the mourning was overshadowed by politicians tearing into each other over the massacre. A sea of people thronged the Nice promenade for the emotional minute's silence just days aft
Published 19 Jul, 2016 12:00am
Zimbabwe fails to pay soldiers on time

Zimbabwe fails to pay soldiers on time

Zimbabwe has delayed paying its soldiers for a second successive month, sources said Monday, underlining the worsening economic crisis that has triggered recent protests. Ten days ago, President Robert Mugabe's government was shaken by a national strike l
Published 19 Jul, 2016 12:00am
Palestinian stabs two Israeli soldiers, shot: army

Palestinian stabs two Israeli soldiers, shot: army

A Palestinian stabbed two Israeli soldiers in the occupied West Bank Monday before being shot and arrested, months after his brother was killed while carrying out an attack, the Israeli army said.
Published 19 Jul, 2016 12:00am
Four killed in attacks in Almaty

Four killed in attacks in Almaty

Three police officers and one civilian were killed Monday in armed attacks on a police station and a security building in Kazakhstan's largest city Almaty. Police said they have disarmed and arrested two attackers but have not said whether others were inv
Published 19 Jul, 2016 12:00am
AIDS summit opens with warnings that progress at risk

AIDS summit opens with warnings that progress at risk

More than 18,000 scientists, campaigners and donors opened a major AIDS conference in South Africa on Monday, issuing stark warnings that recent gains in the fight against the disease were under threat. The five-day International AIDS Conference returns t
Published 19 Jul, 2016 12:00am
Concern over proposed foreign contribution bill voiced

Concern over proposed foreign contribution bill voiced

Representatives of civil society organisation have voiced concern over the proposed foreign contribution bill, what they termed the legislation serious threat to the existing of human rights and welfare organisations in the country.
Published 19 Jul, 2016 12:00am
Uzma takes charge as Ogra's chief

Uzma takes charge as Ogra's chief

The newly appointed Oil and Gas Regulatory Authority (Ogra) chief Uzma Adil Khan on Monday took charge of her duties. The government appointed her after the retirement of Saeed Ahmad Khan, former chairman Ogra, following her appointment the quorum of the
Published 19 Jul, 2016 12:00am
LHC seeks Punjab government's response

LHC seeks Punjab government's response

The Punjab government and the Capital City Police officer have been told to file their responses by August 1 in a petition seeking contempt proceedings to implement a court ban on protests on the Mall Road.
Published 19 Jul, 2016 12:00am
CJP reviews security measures for courts, judges

CJP reviews security measures for courts, judges

Chief Justice of Pakistan Justice Anwar Zaheer Jamali presided over high power security meeting in Supreme Court, Islamabad on Monday to review the security measures taken so far for the courts in general and judges of superior courts in particular and sa
Published 19 Jul, 2016 12:00am
Budget initiatives: Dar reviews progress on PDF, PMIC

Budget initiatives: Dar reviews progress on PDF, PMIC

Finance Minister Ishaq Dar Monday held a meeting with senior officials of the Ministry of Finance to review progress on operationalisation of Pakistan Development Fund (PDF) and Pakistan Microfinance Investment Company (PMIC) as well as other initiatives
Published 19 Jul, 2016 12:00am
Major-General Asif Sukhara promoted as Lieutenant-General

Major-General Asif Sukhara promoted as Lieutenant-General

Major General Asif Mumtaz Sukhara, Army Medical Corps (AMC), has been promoted to the rank of Lieutenant-General and appointed Surgeon General of Pakistan Army. Presently he is Deputy Surgeon General at GHQ. He will replace Lieutenant-General Imran Majeed
Published 19 Jul, 2016 12:00am
Two employees of KU arrested in murder case

Two employees of KU arrested in murder case

Police on Monday arrested two employees of Karachi University from Gulberg Town. The employees identified as Zeeshan and Rehan were allegedly involved in the murder of Inspector Taufeeq Zahid, police said. They were workers of a political party, police ad
Published 19 Jul, 2016 12:00am
Protest held against power outages in Charsadda

Protest held against power outages in Charsadda

The people from different areas of Charsadda here on Monday staged protest demonstration and blocked Peshawar-Charsadda road against the prolonged power outages. The enraged residents of Charsadda took out to the streets to record their protest against th
Published 19 Jul, 2016 12:00am
Establishment of Rs200m hostel approved by UAF BoD

Establishment of Rs200m hostel approved by UAF BoD

A meeting of the Board of Directors (BoD), Endowment Fund Secretariat, University of Agriculture, Faisalabad (UAF) approved setting up a hostel worth Rs 200 million to meet the increasing enrolment at the campus.
Published 19 Jul, 2016 12:00am
Third phase of IDPs' return to begin from July 20

Third phase of IDPs' return to begin from July 20

The third phase of the repatriation of Internally Displaced Persons (IDPs) of South Waziristan Agency will start from Wednesday (July 20), Assistant Political Officer Muhammad Shoaib Khan said. Talking to APP here on Monday, He said that FATA Disaster Man
Published 19 Jul, 2016 12:00am
Government working towards creating new job opportunities: minister

Government working towards creating new job opportunities: minister

The government is making all out efforts to improve job opportunities for youth with its focus on strengthening the field of Science and Technology. This was stated by Rana Tanveer Hussain, Federal Minister for the Science and Technology while addressing
Published 19 Jul, 2016 12:00am
Lowari Tunnel closed for traffic

Lowari Tunnel closed for traffic

Heavy rains and flash floods in streams coupled with land sliding rendered Lowari tunnel closed for all kind of traffic and cut off Chital district from rest of the country. According to Director, National Highway Authority (NHA) Afzal Khan, he flash floo
Published 19 Jul, 2016 12:00am
KP CM orders formation of asset management bodies

KP CM orders formation of asset management bodies

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has directed for the formation of Assets Management Committees (AMCs) within the departments and called upon the administrative secretaries to put on fast track the resource generation of the province.
Published 19 Jul, 2016 12:00am
KP CM orders formation of asset management bodies

KP CM orders formation of asset management bodies

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has directed for the formation of Assets Management Committees (AMCs) within the departments and called upon the administrative secretaries to put on fast track the resource generation of the province.
Published 19 Jul, 2016 12:00am
DSP PQR suspended for misuse of power

DSP PQR suspended for misuse of power

Inspector General of Police (IGP) Khyber Pakhtunkhwa, Nasir Khan Durrani has suspended DSP PQR on the charges of illegal activities and misuse of powers and ordered registration of FIR against him.
Published 19 Jul, 2016 12:00am
Mufti Qavi investigated over Qandeel's murder

Mufti Qavi investigated over Qandeel's murder

A prominent cleric who was censured for appearing in "selfie" photographs with murdered social media celebrity Qandeel Baloch is being investigated in connection with her killing, police said on Monday.
Published 19 Jul, 2016 12:00am
Australia to help Pakistani startups run SMEs

Australia to help Pakistani startups run SMEs

The Australian government is working with the Punjab Information Technology Board (PITB) to assist Pakistani start-up entrepreneurs learn the business acumen and management practices necessary to run small and medium enterprises.
Published 19 Jul, 2016 12:00am
The Weather

The Weather

The weather report on Monday (July 18, 2016) and the forecast for Tuesday (July 19, 2016).
Published 19 Jul, 2016 12:00am
'Viral hepatitis is one of the leading killers'

'Viral hepatitis is one of the leading killers'

Viral hepatitis is one of the leading killers across the globe with a death-toll matching Aids or tuberculosis, health experts warn. "Hepatitis infections and their complications led to 1.45 million deaths in 2013, despite the existence of vaccines and tr
Published 19 Jul, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 19 Jul, 2016 12:00am
10th Pakistan SME Forum 2016 in Karachi on August 23

10th Pakistan SME Forum 2016 in Karachi on August 23

The 10th Pakistan SME Forum 2016 organised by SHAMROCK Conferences International will be held on August 23, 2016 at the Pearl-Continental Hotel, Karachi. The theme of the moot is "Facilitating SMEs Makes Economic Sense" and will feature the sector's press
Published 19 Jul, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 19 Jul, 2016 12:00am
Ambassador of Argentina calls on Dar

Ambassador of Argentina calls on Dar

The newly appointed Ambassador of Argentina, Ivan Ivanissevich called on Finance Minister, Senator Ishaq Dar here on Monday. Finance Minister welcomed Ivan Ivanissevich on assuming his responsibilities as Ambassador to Pakistan.
Published 19 Jul, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (July 18, 2016).
Published 19 Jul, 2016 12:00am
Washington-Islamabad relations: Jalil Abbas gives detailed perspective

Washington-Islamabad relations: Jalil Abbas gives detailed perspective

Pakistan's Ambassador to the United States Jalil Abbas Jilani gave a detailed perspective of Washington-Islamabad relations to members of the Pakistani community in New York on Sunday, and urged them to play their role in cementing the relationship.
Published 19 Jul, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (July 18, 2016).
Published 19 Jul, 2016 12:00am
ANP leader's murder: case registered against unknown attackers

ANP leader's murder: case registered against unknown attackers

The Counter Terrorism Department (CTD) Mardan division here on Monday registered the First Information Report (FIR) against unknown attackers and launched raids to nab the attackers involved in the murder of former MPA Haji Shoaib Khan of Awami National P
Published 19 Jul, 2016 12:00am
LME official prices

LME official prices

The following were Friday official prices.
Published 19 Jul, 2016 12:00am
Four 'terrorists' killed in Karachi

Four 'terrorists' killed in Karachi

At least four terrorists were killed; arms and explosives material was recovered here on Monday night. SSP Malir Rao Anwaar said that reacting to a tip-off regarding presence of extremists, the police conducted operation in Sohrab Goth locality of the met
Published 19 Jul, 2016 12:00am
LME official prices

LME official prices

The following were Friday official prices.
Published 19 Jul, 2016 12:00am
SoftBank buys British chip designer ARM for $32 billion

SoftBank buys British chip designer ARM for $32 billion

Japanese mobile giant SoftBank on Monday snapped up iPhone chip designer ARM Holdings for £24.3 billion, the pair announced in a major boost for post-Brexit Britain. Conservative Prime Minister Theresa May declared that the record Asian investment proved
Published 19 Jul, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (July 18, 2016).
Published 19 Jul, 2016 12:00am
SoftBank buys British chip designer ARM for $32 billion

SoftBank buys British chip designer ARM for $32 billion

Japanese mobile giant SoftBank on Monday snapped up iPhone chip designer ARM Holdings for £24.3 billion, the pair announced in a major boost for post-Brexit Britain. Conservative Prime Minister Theresa May declared that the record Asian investment proved
Published 19 Jul, 2016 12:00am
SoftBank buys British chip designer ARM for $32 billion

SoftBank buys British chip designer ARM for $32 billion

Japanese mobile giant SoftBank on Monday snapped up iPhone chip designer ARM Holdings for £24.3 billion, the pair announced in a major boost for post-Brexit Britain. Conservative Prime Minister Theresa May declared that the record Asian investment proved
Published 19 Jul, 2016 12:00am
CPPA allowed to adjust LDs against FKPCL

CPPA allowed to adjust LDs against FKPCL

The Economic Co-ordination Committee (ECC) of the Cabinet has allowed Central Power Purchasing Agency (CPPA) to adjust Liquidated Damages (LDs) against Fauji Kabirwala Power Company Limited (FKPCL) for low availability from December 19, 2014.
Published 19 Jul, 2016 12:00am
CPPA allowed to adjust LDs against FKPCL

CPPA allowed to adjust LDs against FKPCL

The Economic Co-ordination Committee (ECC) of the Cabinet has allowed Central Power Purchasing Agency (CPPA) to adjust Liquidated Damages (LDs) against Fauji Kabirwala Power Company Limited (FKPCL) for low availability from December 19, 2014.
Published 19 Jul, 2016 12:00am
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