Qatar's stock market rose on Tuesday after breaking major technical resistance, but other markets in the region were sluggish, held back by soft oil prices and mixed corporate earnings. The Qatari index climbed 0.6 percent to 10,649 points in a broad-base

SoftBank plunged more than 10 percent Tuesday as investors gave the thumbs down to the Japanese mobile giant's whopping $32 billion purchase of British iPhone chip designer ARM Holdings. The sharp drop bucked an upward trend in the broader market after a

US stocks ticked lower on Tuesday as mixed earnings reports dented investor optimism entering the earnings season, while lower expectations of global growth also weighed on sentiment. The S&P and the Nasdaq were pulled down by Netflix and health stocks, w

Wall Street closed slightly higher on Monday to mint new record highs for the S&P 500 and the Dow industrials, fuelled by Bank of America's better-than-expected profit and a major tech sector acquisition. SoftBank's $32-billion deal to buy British chip de

Hong Kong shares fell on Tuesday as investors took profits following sharp gains over the past two weeks. Analysts said global signals were supportive for Hong Kong equities but that investors were likely taking profits after the Hang Seng posted its best

US Treasury yields ended little changed after hitting four-week highs on Monday, as stocks posted a small bounce and investors who bought government debt during the uncertainty of last week's attempted coup in Turkey trimmed their holdings. Yields, which

US Treasury yields ended little changed after hitting four-week highs on Monday, as stocks posted a small bounce and investors who bought government debt during the uncertainty of last week's attempted coup in Turkey trimmed their holdings. Yields, which

China stocks fell on Tuesday as investors worried that a recovery in the property sector is losing steam, adding to uncertainty over the economic outlook. Traders were also keeping a nervous watch on the weakening yuan, which broke through a psychological

Indian shares edged higher on Tuesday as state-run banks gained after the government said it would infuse 229.15 billion rupees ($3.41 billion) in 13 state-run banks this fiscal year as part of a previously announced plan. Those gains helped offset earlie

European shares touched a one-week low on Tuesday as weak earnings updates from the likes of Ericsson and AkzoNobel weighed on markets, although online fashion retailer Zalando surged. The pan-European STOXX 600 and the similar FTSEurofirst 300 index both

Australian shares finished down 0.1 percent on Tuesday, snuffing out an eight-session recovery rally following a slump after Britain's June vote to leave the European Union, while New Zealand shares extended gains to a fresh record. The S&P/ASX 200 index

Southeast Asia stocks were sluggish on Tuesday, with Vietnam closing nearly 1 percent lower after bluechips lost ground, while Singapore fell, dragged down by oil and gas stocks. Vietnam slipped in afternoon trade, dragged down by energy stocks, with top-

Britain's top share index steadied on Tuesday, easing back from an 11-month closing high, with mining stocks dropping after a production update from Rio Tinto. Britain's FTSE 100 was flat in percentage terms at 6,697.37 points at its close, after closing

The dollar sagged against the yen on Tuesday as investors took profit after its recent rally, while the kiwi was dented by bets New Zealand's central bank could cut interest rates next month. The New Zealand dollar was one of the big movers in Asian trade

The Australian dollar fell more than 1 percent to a 11-day low on Tuesday while the New Zealand dollar hit a three-week trough, as investors ramped up bets that both central banks could ease monetary policy as early as next month. The Australian dollar fe

The dollar rose to a four-month high against a basket of major currencies on Tuesday after the release of data showing US housing starts rose more than expected in June, underpinning a theme of strength in the US economy. Groundbreaking on US homes surged

The dollar rose by more than 1 percent against the yen on Monday, nearing 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 t

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

The Canadian dollar ended unchanged against its US counterpart on Monday as the market brushed off the news of a purge after a failed coup in Turkey and oil prices fell. The loonie, as Canada's currency is colloquially known, gained against the safe-haven

Most emerging Asian currencies eased on Tuesday, as traders booked profits on expectations of further weakness in the Chinese yuan and an extended slide in oil prices. Regional currencies also tracked weakness in the New Zealand dollar and the Australian

Turkey's lira weakened beyond 3 to the US dollar on Tuesday after state broadcaster TRT reported the education board had demanded the resignation of all deans working in universities, widening concern about the reach of a government crackdown. The lira wa

Sterling fell 1 percent against the dollar on Tuesday, as higher than forecast British inflation numbers for June did little to alter expectations that the Bank of England would ease monetary policy as early as next month. The pound was also hit by a firm

The New Zealand dollar slipped again on Tuesday after the central bank took fresh steps to rein in the country's red hot housing market, reinforcing speculation it will cut rates in August. The New Zealand dollar fell 1.14 percent on Tuesday to $0.7035, i

Giampiero Ventura was officially unveiled as Italy's new manager on a two-year contract on Tuesday designed to make sure the Azzurri qualify for the 2018 World Cup in Russia. Ventura replaces Antonio Conte, who led Italy to the quarter-finals of Euro 2016

Australia's cricket stars will have the chance to play two domestic games with a pink ball to prepare for day-night Tests this summer against South Africa and Pakistan. Cricket Australia on Tuesday released its domestic fixture list, with the Sheffield Sh

Zlatan Ibrahimovic will miss Manchester United's pre-season tour of China as the Sweden striker takes an extended break following Euro 2016. Ibrahimovic joined Jose Mourinho's side on a free transfer after leaving French champions Paris Saint Germain at t

South African Steve Elworthy will head up the organisation of the 2019 Cricket World Cup being hosted in England and Wales after the former international cricketer was appointed managing director on Tuesday. The 51-year-old - who made 39 appearances for T

Napoli have cooled talks of Gonzalo Higuain's reported move to Juventus after admitting no club wants to pay the 94.7m euros ($105m) buyout clause in the Argentine star's contract. Napoli president Aurelio De Laurentiis and Juventus CEO Giuseppe Marotta f

China's Zheng Saisai picked up where she left off at the WTA Tour's Stanford tournament on Monday by beating Maria Mateas 7-5, 6-1 in a first-round match. Zheng won the doubles title at Stanford last year, joining forces with compatriot Xu Yifan to beat A

Twitter and the National Basketball Association announced a deal Tuesday to stream live content, but not games, to users of the social media platform. The deal will deliver a weekly NBA pregame show with "first-of-its-kind elements created specifically fo

Unseeded Humam Ahmad upset Muhammad Khan in a marathon 2-1 battle in the Under-11 and moved to the quarter-finals of the ongoing Abdul Sattar Edhi Memorial Junior Age Group Squash Championship being played here at PAF Hashim Khan Squash Complex on Tuesday

The International Olympic Committee said Tuesday it will study "legal options" before deciding whether to ban Russia from the Rio Games over its state-run doping programme. But Russia's Sports Minister Vitaly Mutko was barred from attending the Games and

Oksana Chusovitina is training for a record-breaking seventh Olympic Games that will see the Uzbek star become the oldest woman gymnast to compete at the age of 41. Chusovitina's qualification for the Rio Games extended a staggering career that has seen h

Exactly 50 percent of Brazilians oppose hosting the Olympics in Rio in less than three weeks, a poll released Tuesday found. The Datafolha poll published in Folha newspaper showed the number of Brazilians unhappy with the hosting of the Olympics has doubl

A Palestinian child aged 12 was killed by Israeli soldiers who fired rubber-coated bullets near Jerusalem on Tuesday, said the Palestinian health ministry. "Mohiyeh al-Tabakhi, 12, was killed by shots fired by occupation soldiers in the Al-Ram area near J

Challenger Angela Eagle withdrew from the contest to lead Britain's main opposition Labour Party on Tuesday and backed rival Owen Smith in a unity bid to oust embattled leader Jeremy Corbyn. "I'm announcing tonight that I'm withdrawing from this race and

A fire ripped through a bus carrying tourists from China in Taiwan Tuesday, killing all 26 on board in the worst road accident to hit mainland visitors since a holiday boom to the island. The disaster, which occurred as the tourists were heading to the ai

Donald Trump faced an embarrassing plagiarism scandal Tuesday that tarnished his wife Melania's prime-time speech to a Republican National Convention already roiled by an opening day rank-and-file revolt. It was a rough start to the four-day political jam

Children were among at least 56 civilians killed in strikes by a US-led coalition on Tuesday near a Syrian village held by the Islamic State group, a monitor said. The civilians had apparently been mistaken for jihadists and were bombed while fleeing figh

Three people were killed on Tuesday in a shooting in eastern England, including the suspected assailant, police said - adding that there was no indication of a link with terrorism. "Three people have been fatally wounded, including the suspected offender,

A judge on Tuesday suspended the WhatsApp smartphone messaging service across Brazil, where it is hugely popular, for failing to surrender user data in a police investigation, the court said. "WhatsApp is blocked across the whole national territory," a sp

Manila has rejected Beijing's demand that it "disregard" an international ruling that invalidated the Asian giant's claims to much of the South China Sea before negotiating on the issue, the Philippines' foreign secretary said Tuesday. China last week den

Chinese people who blame Washington for an international tribunal's dismissal of Beijing's maritime claims have called for a boycott of Kentucky Fried Chicken (KFC) in protests outside branches in 11 cities, reports said. Crowds gathered to wave placards

North Korea test-fired three ballistic missiles on Tuesday, South Korea's military said, just over a week after issuing threats to respond to the planned deployment of a US anti-missile system in the South. The missiles, launched early Tuesday from the we

Tokyo was hit by its second quake in three days on Tuesday, giving the capital's skyscrapers a shake but there were no reports of damage or casualties. The 4.8 magnitude jolt struck Tokyo and areas of eastern Japan at 12:57 pm (0357 GMT), the US Geologica

The Islamic State group Tuesday released a video purportedly showing the Afghan refugee who slashed people on a German train saying he would carry out the attack and threatening "infidel" countries. The video released by IS's affiliated Amaq news agency,

The International Monetary Fund (IMF) cut its global growth forecasts for the next two years on Tuesday, citing uncertainty over Britain's looming exit from the European Union. The move included a nearly full percentage-point reduction in the UK's 2017 gr

The country's towel export went down to $733.584 million in July-May 2015-16 by 0.48 percent, official figures say. The total towel export fall stands at $3.514 million in July-May 2015-16 from $737.098 million in July-May 2014-15, Pakistan Bureau of Stat

Opposing parties have flayed Finance Minister Ishaq Dar for giving conflicting figures of Public Sector Development programme (PSDP) spending to the Parliament and International Monetary Fund and maintained that their parties would raise the issue in the

Starting out as a single spinning unit in 1990, Nishat Chunian Ltd (PSX: NCL) has expanded and diversified into a fully vertically integrated textile conglomerate. With a market capitalisation of over Rs 9.4 billion, the company is one of the largest text

Starting out as a single spinning unit in 1990, Nishat Chunian Ltd (PSX: NCL) has expanded and diversified into a fully vertically integrated textile conglomerate. With a market capitalisation of over Rs 9.4 billion, the company is one of the largest text

Pakistan Muslim League-Q (PML-Q) President and former Prime Minister Chaudhry Shujat Hussain and senior leader Chaudhry Parvez Elahi have appointed Muhammad Basharat Raja as PML Punjab chief organiser. Basharat Raja has been given the task of reorganising

Health Department team conducted successful raids in a pharmacy store at Chiniot Bazaar and recovered huge quantity of intoxicant drugs and unregistered medicines. The team conducted another raid in Fatehabad and unearthed a factory involved in manufactur

The Lahore Chamber of Commerce and Industry (LCCI) has welcomed the revolutionary steps taken by Securities & Exchange Commission of Pakistan (SECP) to facilitate company formation and said that these initiatives would give boost to the trade and economic

The Lahore Chamber of Commerce and Industry (LCCI) has welcomed the revolutionary steps taken by Securities & Exchange Commission of Pakistan (SECP) to facilitate company formation and said that these initiatives would give boost to the trade and economic

New and planned industrial cities would be set up in close collaboration with private sector and in line with the future needs of China-Pakistan Economic Corridor (CPEC), said Ali Agha, project manager New Economic City of the Punjab Urban Unit. He was ad

A two-day mango festival concluded at Multan Cotton Research Institute on Tuesday. It was jointly inaugurated by Australian High Commissioner to Pakistan Margaret Adamson and Federal Minister for National Food Security and Research Sikandar Hayat Khan. Th

Kashmir Accession to Pakistan day was observed by the refugees from the occupied Jammu and Kashmir settled in the Sialkot district on Tuesday. The daylong programmes started with special prayers for the solidarity, unity and prosperity of the country as w

"Punjab Education Foundation (PEF) has revived the passion of learning in the low-income families and motivated them to send their children to PEF partner schools where education is totally free for them. Because of its immaculate performance, this founda

The Punjab Agriculture Department (PAD) has once again directed the cotton growers to carry out twice a week 'pest scouting' of their crops and consult local agricultural experts for selection of pesticides in case attack of white fly, Jassid and mealy bu

Pakistan Water and Power Development Authority (WAPDA) and National University of Sciences and Technology (NUST) signed a Memorandum of Understanding (MoU) on Tuesday to conduct joint training and research activities for addressing water security and qual

Sialkot Chamber of Commerce and Industry (SCCI) President Mansoor Ahmed While talking to Business Recorder said that government should announce "Separate Business Strategy" for Sialkot due to its unique export culture and craftsmanship to earn maxi

Boys grabbed all positions in matriculation Annual Examinations as Board of Intermediate and Secondary Education (BISE) Lahore on Tuesday announced the names of position holders of Secondary School Certificate SSC Annual Examinations in a ceremony held at

Secretary General International Telecommunication Union (ITU) Houlin Zhao visited Pakistan Telecommunication Authority (PTA) Headquarters here on Tuesday. Chairman PTA, Dr Syed Ismail Shah, Ioane Koroivuki, Regional Director ITU Asia-Pacific, Abdul Samad,

The Securities and Exchange Commission of Pakistan (SECP) deplores articles and comments published in a section of the press, giving misleading impression that brokerage houses are surrendering their trading right entitlement (TRE) certificates due to str

Special Committee of the National Assembly will be given in-camera briefing by Ministry of Foreign Affairs on the recent killing of innocent Kashmiris in Indian Occupied Kashmir and response of the Pakistan government in its meeting on July 20 (Wednesday)

Supreme Audit Institutions of Pakistan and Iran signed a memorandum of understanding for cooperation in public sector auditing in Tehran. The Auditor General of Pakistan Rana Assad Amin who is in Tehran on an official tour and Amin Hussein Rahimi Senior P

The sub-committee of the National Assembly Standing Committee on National Food Security and Research has found gross irregularities in the "Promotion of Olive Cultivation on Commercial Scale" project and recommended stern action against the project direct

The Bank of Khyber (BoK) values good human resource in order to provide better services to the customers in time. This was stated by Shams-ul-Qayyum, Managing Director & CEO BoK while addressing the inaugural session of newly inducted group of 65 General

KP Chief Minister Pervez Khattak has announced a comprehensive package for district Karak that included the construction of a university, establishment of oil refinery at Karak and different schemes in different sectors to eradicate the sense of deprivati

The export of wheat flour from Pakistan to Afghanistan has suffered as Afghan authorities reportedly increased custom duty on the commodity. Exporters blamed that the Afghan government had imposed extra custom duty on import of flour from Pakistan, and re

A 24-member delegation of the China Highway & Transportation Society led by its Secretary General Liu Wenjie visited the National Highway Authority (NHA) head office here on Tuesday. The delegation is visiting the selected countries along the ancient Silk

Atadjan Movlamov, Ambassador of Turkmenistan called on Khawaja Asif, Federal Minister for Water and Power and Defence on Tuesday. Talking to the ambassador, Khawaja Asif said that Pakistan highly values its relations with Turkmenistan and wanted to enhanc

National Accountability Bureau (NAB) Khyber Pakhtunkhwa arrested Rooman Zaheer, Additional Director (BPS-19) employee of NAB Khyber Pakhtunkhwa on the charges of corruption. The accused Rooman Zaheer is prima facie involved in and have committed the offen

A parliamentary committee on Tuesday expressed concern over the continued delay in setting up of a permanent secretariat of Council of Common Interest (CCI) and decided to write to the Prime Minister on the pending proposal awaiting his approval in this c

Governor Khyber Pakhtunkhwa Engr Iqbal Zafar Jhagra has said that FATA has shown tremendous improvement in anti-polio efforts and appreciated the role EOC FATA for achieving remarkable success which has not been possible without the diligent efforts put i

Punjab Chief Minister Muhammad Shahbaz Sharif met Ambassador of Saudi Arabia to Pakistan Abdullah Marzouk Al-Zahrani, in Islamabad Tuesday. Talking to Saudi Ambassador, the Chief Minister strongly condemned the blasts in Madina, Jeddah and Qatif during Ra

The Chief Executive Officer of Multilateral Investment Guarantee Agency (MIGA) of the World Bank, Keiko Honda led a delegation for a meeting with Finance Minister, Senator Mohammad Ishaq Dar here Tuesday. The minister welcomed the visiting delegation and

The Chief Executive Officer of Multilateral Investment Guarantee Agency (MIGA) of the World Bank, Keiko Honda led a delegation for a meeting with Finance Minister, Senator Mohammad Ishaq Dar here Tuesday. The minister welcomed the visiting delegation and

Despite that the federal government had transferred certain directorates of the Capital Development Authority(CDA) to Islamabad Metropolitan Corporation (IMC) last month, but the latter is still dysfunctional due to want of manpower. This is because about

Federal Minister for Commerce, Engr. Khurram Dastgir Khan participated in the Roundtable discussion on 'E-Commerce for Development' and addressed the General Session at the14th meeting of United Nations Conference on Trade and Development (UNCTAD) in Nair

Ministry of Inter Provincial Co-ordination has informed the National Assembly Standing Committee on Inter-Provincial Co-ordination that Rs 450 million has been budgeted for Narowal's constituency of the Federal Minister for Planning, Development and Refor

A number of 50 addicts of heroin were arrested from Bacha Khan Chowk, Sher Shah Soori Bridge during a joint operation of district government and administration. The operation was conducted on the directives of District Nazim, Peshawar, Mohammad Asim Khan

Indian held Kashmir residents said Tuesday they are facing shortages of prescription drugs, as parts of the region remained under curfew for an 11th day following deadly clashes between protesters and security forces. As the overall death toll from days o

The First Women bank limid has declaresdeclared the rates of profit on the various PLS deposites for the period of six months ended June 30, 2016:

The First Women bank limid has declaresdeclared the rates of profit on the various PLS deposites for the period of six months ended June 30, 2016:

The Bank Alhabib limited has declared the rates of profit on the various PLS deposites for the period of six months ended June 30, 2016:

The Bank Alhabib limited has declared the rates of profit on the various PLS deposites for the period of six months ended June 30, 2016:

The National Accountability Bureau (NAB) has decided to close a six-year long inquiry against a former director of the Bank of Punjab, Gohar Ejaz, for allegedly misusing his position to obtain a loan from the bank for his firms. The decision to drop the a

Punjab Chief Minister Muhammad Shahbaz Sharif has said that bloodshed of unarmed citizens in occupied Kashmir by Indian forces is highly condemnable and the just struggle of Kashmiri people cannot be suppressed with the use of force. He said that India is

Chairman Pakistan Tehrik-i- Insaaf Imran Khan has said that there is no danger to democracy from the army but the Kingdom of Nawaz Sharif. He said the Pakistani nation is more pro democracy than Turkey and there is need for a new leadership in Pakistan. A

JS Bank supported an informal breaking meeting with Ashraf Mahmood Wathra, Governor State Bank of Pakistan (SBP) at a local hotel. Wathra discussed his views regarding the "Role of the Private Sector in Economic Growth of Pakistan". While addressing to th

JS Bank supported an informal breaking meeting with Ashraf Mahmood Wathra, Governor State Bank of Pakistan (SBP) at a local hotel. Wathra discussed his views regarding the "Role of the Private Sector in Economic Growth of Pakistan". While addressing to th

The Pakistan Credit Rating Agency (PACRA) has maintained the long-term and short-term entity ratings of Habib Metropolitan Bank Limited at 'AA+' (Double A Plus) and 'A1+' (A One Plus), respectively. The ratings denote a very low expectation of credit risk

The Pakistan Credit Rating Agency (PACRA) has maintained the long-term and short-term entity ratings of Habib Metropolitan Bank Limited at 'AA+' (Double A Plus) and 'A1+' (A One Plus), respectively. The ratings denote a very low expectation of credit risk

Chairman, Businessmen Group (BMG) and former KCCI president, Siraj Kassim Teli, has said more than 2500 industries in Site Industrial Area were closed and more are at the verge of closure due to non-availability of water. Addressing a joint press conferen

Azam Sufi has taken over charge of his new appointment as the Managing Director (MD) of the newly created Pakistan LNG Terminal Limited (PLTL). According to Petroleum Ministry officials to deal with the import, transmission and distribution of Liquefied N

Sheikh Khalid Tawab, Senior Vice President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has congratulated Turkey's president Recep Tayyip Erdogan and Prime Minister Binali Yildrim and Turkey's people and armed forces on their succes

Shaheen Air International will commence its 6th consecutive Hajj operation from August 04, 2016. SAI plans to embark a total of over 33,000 pilgrims this year. Out of these 33,000 pilgrims over 17,000 pilgrims under government scheme and over 16,000 pilgr

"Ishaq Dar sahib gave different budgetary expenditure figures to parliament and to the International Monetary Fund (IMF)."