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Oct 09, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-08-06
Cranston returns to drug world in 'The Infiltrator'

Cranston returns to drug world in 'The Infiltrator'

Bryan Cranston is back in the drug world, but this time he's one of the good guys. After his highly acclaimed performance as a high school chemistry teacher turned meth kingpin in the TV series "Breaking Bad," Cranston plays an undercover agent who goes a
Published 06 Aug, 2016 12:00am
Bourne-again Matt Damon returns as spy of few words

Bourne-again Matt Damon returns as spy of few words

In the rarefied world of international espionage, where discretion is considered the better part of valor, no one expects you to be the life and soul of the party. But shadowy former CIA operative "Jason Bourne" is laconic even by a spy's standards, accor
Published 06 Aug, 2016 12:00am
Some fish tackle ocean global warming by pretending it's night

Some fish tackle ocean global warming by pretending it's night

Some fish may cope with the changing chemistry of the oceans linked to global warming by permanently setting their body defences to night-time levels, the time of day when they find sea water least hospitable, a study said on Monday. Man-made carbon dioxi
Published 06 Aug, 2016 12:00am
Quest for new antibiotics gets right up your nose

Quest for new antibiotics gets right up your nose

Biologists on the hunt for new medicines to fight a growing epidemic of drug resistance said last Wednesday they found an antibiotic in an unexpected place - the human nose. The promising compound is produced by a nose-dwelling bacterium, and is able to k
Published 06 Aug, 2016 12:00am
New app lets public help map disasters, conflicts and outbreaks

New app lets public help map disasters, conflicts and outbreaks

Swiping right or tapping on a mobile phone are not typical ways of helping poor communities, but a new app launched by a medical charity last aims to use technology to help aid workers map areas at risk of conflict, disasters and disease.
Published 06 Aug, 2016 12:00am
New crop of robots to vie for space in the operating room

New crop of robots to vie for space in the operating room

Even though many doctors see need for improvement, surgical robots are poised for big gains in operating rooms around the world. Within five years, one in three US surgeries - more than double current levels - is expected to be performed with robotic syst
Published 06 Aug, 2016 12:00am
Omega-3 fatty acids may aid heart attack healing

Omega-3 fatty acids may aid heart attack healing

Omega-3 fatty acid supplements may help the heart heal itself after a heart attack, according to a new study. High doses, derived from fish oil and taken daily for six months after a heart attack, helped reduce scarring in the heart muscle and increase it
Published 06 Aug, 2016 12:00am
Paddle or barrel brush for haircare?

Paddle or barrel brush for haircare?

There are so many different types of brush out there, you can get grey hair just thinking about which is the right one for you and your hair. "The longer your hair, the more important it is to choose the right brush," explains top hairdresser Antonio Wein
Published 06 Aug, 2016 12:00am
ART FACTS: Lost in trance

ART FACTS: Lost in trance

The creativity of Nahid Raza unfolds a beautiful array of artworks in a solo exhibition titled "Virdh" at Canvas Gallery, Karachi. The gallery created an aesthetic atmosphere as each painting manifests the artist's love for Allah.
Published 06 Aug, 2016 12:00am
Too hot to work: global warming to cost $2 trillion in lost productivity

Too hot to work: global warming to cost $2 trillion in lost productivity

Rising temperatures caused by climate change may cost the world economy over $2 trillion in lost productivity by 2030 as hot weather makes it unbearable to work in some parts of the world, according to UN research published on Tuesday. It showed that in S
Published 06 Aug, 2016 12:00am
KARACHI CHRONICLE: Security and status

KARACHI CHRONICLE: Security and status

The first act of our new chief minister, Syed Murad Ali Shah, was to have the concrete barriers along Chief Minister's House on Dr Ziauddin Ahmed Road removed. It is a heavy-traffic road linked to Saddar, the commercial hub of Karachi. Imagine the inconve
Published 06 Aug, 2016 12:00am
Will Clinton join Merkel and May?

Will Clinton join Merkel and May?

The image of Hillary Clinton standing on the world stage as the president of the United States tantalises Democrats meeting this week in Philadelphia. If she's elected in November, Clinton will join German Chancellor Angela Merkel and British Prime Minist
Published 06 Aug, 2016 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Thursday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 5,169 million and the number of lots traded was 11,354. PMEX Commodity Index closed at 3,000. Major business was contributed by gold amounting to PKR 2,208 million followed by curre
Published 06 Aug, 2016 12:00am
US FOB Gulf soya offers rise on strong export sales

US FOB Gulf soya offers rise on strong export sales

Export premiums for soyabeans shipped from the US Gulf Coast rose in deferred months on Wednesday as top-importer China extended a buying spree, traders said. Exporters struck deals to sell 441,000 tonnes of US soyabeans to China for delivery in the 2016/
Published 06 Aug, 2016 12:00am
US natural gas futures climb on hot weather

US natural gas futures climb on hot weather

US natural gas futures on Wednesday climbed higher on forecasts for hotter weather over the next two weeks and the possibility of a small, single-digit storage build or withdrawal. Front-month gas futures for September delivery on the New York Mercantile
Published 06 Aug, 2016 12:00am
Indonesia's 2016 coffee exports to fall 10 percent

Indonesia's 2016 coffee exports to fall 10 percent

Indonesia's coffee bean exports are expected to slip by between 5 percent and 10 percent this year from around 400,000 tonnes in 2015, an industry association said on Thursday, amid a forecast of weather-related output declines and growing domestic demand
Published 06 Aug, 2016 12:00am
China's iron ore retreats from 14-week high

China's iron ore retreats from 14-week high

Iron ore futures in China pulled back from 14-week highs on Wednesday, stabilising along with steel prices after recent sharp gains spurred by tighter steel supply. The strength in China's steel market, the world's biggest, fuelled the recent rally in iro
Published 06 Aug, 2016 12:00am
EU wheat futures mixed, poor French crop assessed

EU wheat futures mixed, poor French crop assessed

European wheat futures were mixed on Wednesday as the market assessed the impact of a poor French harvest against the big crops in other exporting countries. Traders were waiting for rain-delayed harvesting to make headway in the northern French wheat bel
Published 06 Aug, 2016 12:00am
Karachi Port's activities

Karachi Port's activities

The Karachi Port handled 82,357 tonnes of cargo comprising 78,866 tonnes of import cargo and 3,491 tonnes of export cargo including 4,255 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday The total import cargo of 78,866
Published 06 Aug, 2016 12:00am
Cotton market: subdued business as ginners try to raise prices
Cotton

Cotton market: subdued business as ginners try to raise prices

A small business activity was witnessed on the cotton market on Friday as the ginners were reluctant to sell the stuff at the present rates after the fresh rains in cotton growing areas, dealers said. The official spot rate was higher by Rs 125 Rs 6,650,
Published 06 Aug, 2016 12:00am
CBOT wheat futures up in short-covering

CBOT wheat futures up in short-covering

Chicago Board of Trade wheat futures closed higher on Wednesday on a short-covering bounce one day after the spot contract dipped below $4 for the first time in nearly a decade, traders said. CBOT September wheat settled up 9 cents at $4.10-1/4 per bushel
Published 06 Aug, 2016 12:00am
RBS losses and costs mount as Brexit fallout looms large

RBS losses and costs mount as Brexit fallout looms large

Royal Bank of Scotland reported wider first-half losses, 1.3 billion pounds of new litigation charges and axed plans to turn its Williams & Glyn business into a stand-alone bank on Friday as it braces for post-Brexit shocks to the UK economy. RBS, which h
Published 06 Aug, 2016 12:00am
Adidas counts on Rio to bring home gold

Adidas counts on Rio to bring home gold

German sports gear maker Adidas is looking to the Rio Olympics to take its sponsorship baton in a year when big sporting events have already boosted business significantly. Sales at the group's core brand leapt 25 percent in the second quarter thanks to e
Published 06 Aug, 2016 12:00am
German industry orders post surprise fall in June

German industry orders post surprise fall in June

German industrial orders posted an unexpected fall in June due to weaker foreign demand for goods, data showed on Friday, suggesting global weakness weighed on Europe's biggest economy at the end of the second quarter. Contracts for 'Made in Germany' good
Published 06 Aug, 2016 12:00am
Canada unexpectedly sheds jobs; trade gap hits record
Currency

Canada unexpectedly sheds jobs; trade gap hits record

Canada unexpectedly shed jobs last month, sending the unemployment rate higher even as fewer people were looking for work, and a lacklustre gain in exports in June raised questions of whether the central bank's outlook was too sunny. The nation lost 31,20
Published 06 Aug, 2016 12:00am
Japan's Nakao to lead ADB for five more years

Japan's Nakao to lead ADB for five more years

Takehiko Nakao, a former senior finance ministry official in Japan, is to serve for five more years as president of the Asian Development Bank (ADB), the Manila-based lender said Friday. Nakao, who turns 60 this year, had succeeded compatriot Haruhiko Kur
Published 06 Aug, 2016 12:00am
Air Berlin picks luxury over low-cost

Air Berlin picks luxury over low-cost

Air Berlin, Germany's second-largest airline, said on Friday it would introduce business-class travel on all its German and European flights as part of a bid to escape long-standing financial difficulties. "We're at the beginning of a far-reaching process
Published 06 Aug, 2016 12:00am
Malaysia's June exports post surprise jump

Malaysia's June exports post surprise jump

Malaysia's export growth rose unexpectedly in June, driven by higher demand for manufactured goods from the United States, which offset the hit to the oil-producing country's commodities shipments. Exports in June grew 3.4 percent from a year earlier, dat
Published 06 Aug, 2016 12:00am
Novo Nordisk cuts growth forecast as profit jumps

Novo Nordisk cuts growth forecast as profit jumps

The world's largest maker of diabetes treatments, Novo Nordisk, on Friday lowered its annual sales and profit growth forecast, citing price pressure in the United States, as it posted a 19 percent rise in quarterly earnings. In the United States, negotiat
Published 06 Aug, 2016 12:00am
Novo Nordisk cuts growth forecast as profit jumps

Novo Nordisk cuts growth forecast as profit jumps

The world's largest maker of diabetes treatments, Novo Nordisk, on Friday lowered its annual sales and profit growth forecast, citing price pressure in the United States, as it posted a 19 percent rise in quarterly earnings. In the United States, negotiat
Published 06 Aug, 2016 12:00am
Bombardier posts loss, says business jet demand weak

Bombardier posts loss, says business jet demand weak

Canadian plane and train maker Bombardier Inc on Friday reported a bigger-than-expected quarterly loss as it delivered fewer business jets and warned of weakness in the market for smaller corporate planes. The results showed Montreal-headquartered Bombard
Published 06 Aug, 2016 12:00am
Bombardier posts loss, says business jet demand weak

Bombardier posts loss, says business jet demand weak

Canadian plane and train maker Bombardier Inc on Friday reported a bigger-than-expected quarterly loss as it delivered fewer business jets and warned of weakness in the market for smaller corporate planes. The results showed Montreal-headquartered Bombard
Published 06 Aug, 2016 12:00am
Strong US employment report brightens economic outlook

Strong US employment report brightens economic outlook

US employment rose more than expected for the second month in a row in July and wages picked up, bolstering expectations of faster economic growth and raising the probability of a Federal Reserve interest rate increase this year. Nonfarm payrolls rose by
Published 06 Aug, 2016 12:00am
Eurozone bond yields rise

Eurozone bond yields rise

Eurozone government bond yields rose on Friday after forecast-beating US jobs data reignited expectations for an interest rate hike in the world's largest economy before the end of the year. July's non-farm payrolls report showed 255,000 jobs were added l
Published 06 Aug, 2016 12:00am
Eurozone bond yields rise

Eurozone bond yields rise

Eurozone government bond yields rose on Friday after forecast-beating US jobs data reignited expectations for an interest rate hike in the world's largest economy before the end of the year. July's non-farm payrolls report showed 255,000 jobs were added l
Published 06 Aug, 2016 12:00am
Taiwan stocks jump

Taiwan stocks jump

Taiwan stocks rose on Friday, in line with some other Asian markets, after the Bank of England launched a potent post-Brexit stimulus campaign, with TSMC leading technology shares higher. As of 0150 GMT, the main TAIEX index rose 0.77 percent, to 9,093.85
Published 06 Aug, 2016 12:00am
Tokyo stocks up, Toyota soars on earnings

Tokyo stocks up, Toyota soars on earnings

Toyota Motor surged Thursday after a forecast-beating earnings report, while Tokyo's key Nikkei index also rose as traders welcomed a Bank of England interest rate cut. The world's biggest automaker on Thursday reported a 552.5 billion yen ($5.4 billion)
Published 06 Aug, 2016 12:00am
Wall Street flat as investors look to jobs data

Wall Street flat as investors look to jobs data

Wall Street stocks ended little changed on Thursday as investors kept to the sidelines ahead of Friday's US payrolls report for July. The monthly hiring data will help investors gauge the health of the economy and possibly offer insight as to when the Fed
Published 06 Aug, 2016 12:00am
Hong Kong shares jump

Hong Kong shares jump

Hong Kong's benchmark Hang Seng index posted its biggest rise in three weeks on Friday, joining a broad rally in Asian markets after the Bank of England launched a larger-than-expected monetary stimulus package. Both the Hang Seng index and the China Ente
Published 06 Aug, 2016 12:00am
Treasury yields tumble
Currency

Treasury yields tumble

US Treasury yields fell on Thursday, with some short- and medium-term issues hitting their lowest levels in more than three weeks, after the Bank of England cut interest rates for the first time since 2009 and said it would buy government bonds.
Published 06 Aug, 2016 12:00am
Treasury yields tumble
Currency

Treasury yields tumble

US Treasury yields fell on Thursday, with some short- and medium-term issues hitting their lowest levels in more than three weeks, after the Bank of England cut interest rates for the first time since 2009 and said it would buy government bonds.
Published 06 Aug, 2016 12:00am
China stocks little changed

China stocks little changed

China stocks were little changed on Friday and ended the week roughly flat as worries about the economy and regulators' crackdown on speculation kept many investors on the sidelines. The bluechip CSI300 index rose 0.1 percent, to 3,205.11, while the Shang
Published 06 Aug, 2016 12:00am
Indian shares soar

Indian shares soar

Indian shares rose more than 1 percent on Friday to notch up their biggest daily gain in almost four weeks after the Bank of England's stimulus plan lifted markets world-wide, while the passage of the Goods and Services Tax boosted sentiment. The broader
Published 06 Aug, 2016 12:00am
European shares lifted by solid earnings but RBS slumps

European shares lifted by solid earnings but RBS slumps

European shares rose on Friday, helped by solid earnings from companies including cement making group LafargeHolcim, but Royal Bank of Scotland slumped after weak results. The pan-European STOXX 600 index ended up 1.1 percent, extending gains after better
Published 06 Aug, 2016 12:00am
Australian shares rally

Australian shares rally

Australian shares rose on Friday, driven by commodity prices and as an aggressive easing package announced overnight by the Bank of England stokes global risk appetite. The S&P/ASX 200 index rose 21.5 points, or 0.4 percent, to 5,497.5 points by 0330 GMT.
Published 06 Aug, 2016 12:00am
Southeast Asian markets buoyed by BoE stimulus

Southeast Asian markets buoyed by BoE stimulus

Southeast Asian stock markets inched up on Friday, in line with Asian peers, after the Bank of England cut interest rates on Thursday, and announced billions of pounds of stimulus to soften the economic shock from the Brexit vote. Acting on its chief econ
Published 06 Aug, 2016 12:00am
FTSE hits fresh one-year high, RBS slumps

FTSE hits fresh one-year high, RBS slumps

Britain's bluechip share index climbed to its highest level since July 2015 on Friday, led by a rise in housebuilders and miners, although Royal Bank of Scotland slumped after reporting a big loss in its first-half results. The benchmark FTSE 100 extended
Published 06 Aug, 2016 12:00am
Sri Lankan rupee up
Currency

Sri Lankan rupee up

The Sri Lankan rupee ended slightly firmer on Friday as foreign investors sold dollars to buy local shares, expecting better profits on hopes that the latest rate hike would help improve the island nation's macro-economic outlook, dealers said. The spot r
Published 06 Aug, 2016 12:00am
Dollar steadies in Asia
Currency

Dollar steadies in Asia

The dollar held steady on Friday with its near-term fortunes riding on whether US jobs data will rekindle expectations for the Federal Reserve to raise interest rates this year. The British pound licked its wounds a day after the Bank of England not only
Published 06 Aug, 2016 12:00am
Dollar down in Europe
Currency

Dollar down in Europe

The dollar edged down on Friday as traders awaited a monthly US labour market report for clues on whether the world's biggest economy will bounce back after a lacklustre second quarter. The greenback was flat on the week against a basket of major currenci
Published 06 Aug, 2016 12:00am
Early trade in New York: Dollar rallies across the board

Early trade in New York: Dollar rallies across the board

The dollar rallied across the board on Friday after data showed US employment increased more than expected in July and wages picked up, raising the probability of an interest rate hike from the Federal Reserve this year. The dollar hit one-week peaks agai
Published 06 Aug, 2016 12:00am
Sterling tumbles, dollar index recovers in NY

Sterling tumbles, dollar index recovers in NY

Sterling tumbled on Thursday, posting its largest one-day fall in a month against the dollar, after the Bank of England cut interest rates and restarted bond purchases in a move to mitigate the impact of Britain's vote to exit the European Union. The doll
Published 06 Aug, 2016 12:00am
Asia FX draws support from BOE easing
Currency

Asia FX draws support from BOE easing

Most emerging Asian currencies rose on Friday and were set to see weekly gains as the Bank of England's larger-than-expected monetary stimulus helped investors keep seeking higher yields in the region while markets braced for key US jobs data. Taiwan's do
Published 06 Aug, 2016 12:00am
Sterling recovery derailed by US jobs numbers
Currency

Sterling recovery derailed by US jobs numbers

Sterling sank towards $1.30 on Friday, its weakest in three weeks, after stronger-than-expected jobs numbers in the United States strengthened speculation US interest rates would rise this year. The pound gained 0.15 percent to 84.76 pence per euro and ha
Published 06 Aug, 2016 12:00am
Aussie strengthens

Aussie strengthens

The Australian dollar rose near recent peaks against its US counterpart and the pound on Friday, as investors brushed aside a dovish economic outlook by the country's central bank. The Australian dollar popped to $0.7654, from $0.7630 early and was flirti
Published 06 Aug, 2016 12:00am
Pakistani squash team leaving for Poland today

Pakistani squash team leaving for Poland today

A five-member Pakistani squash team is leaving for Poland on Saturday (today) to take part in the World Junior Squash Championship being staged there. Pakistan team will be participating in the World Junior Individual and Team Squash Championship, a spoke
Published 06 Aug, 2016 12:00am
Brazil booed off as Neymar flops in South Africa stalemate

Brazil booed off as Neymar flops in South Africa stalemate

Brazil and superstar Neymar were booed off as their quest for a maiden Olympic football gold medal began with a 0-0 draw against 10-man South Africa on Thursday. Barcelona ace Neymar is by far the biggest name in the competition and has been tasked with r
Published 06 Aug, 2016 12:00am
Khawaja off to India for Asian Hope TT Championship

Khawaja off to India for Asian Hope TT Championship

Ummam Khawaja Friday departed for India to represent Pakistan in the Asian Hope Table Tennis Championship. 12-year old Ummam Khawaja was recently declared as "The Pearl of Asia" by World Table Tennis Federation after watching his stunning skills he exhibi
Published 06 Aug, 2016 12:00am
England fight back to leave Test on a knife-edge

England fight back to leave Test on a knife-edge

England fought back strongly to leave the third Test against Pakistan hanging in the balance after an enthralling third day in Birmingham on Friday. The hosts bowled out Pakistan for 400 before Alastair Cook and Alex Hales took them to 120 for no wicket i
Published 06 Aug, 2016 12:00am
South Korean archer sets first Rio record

South Korean archer sets first Rio record

South Korean archer Kim Woo-Jin grabbed the first world record of the Rio Olympics on Friday - before the Games had even officially begun. The opening ceremony later Friday promises to be a party, but the world number one and a quadruple world champion wa
Published 06 Aug, 2016 12:00am
Torch begins final race to stadium from beneath Rio's Christ

Torch begins final race to stadium from beneath Rio's Christ

The Olympic torch was raised before Rio de Janeiro's iconic Christ the Redeemer statue on Friday on the final leg of its journey to the opening ceremony of the Olympics, as Brazil excitedly put the final touches to seven years of preparations. At the even
Published 06 Aug, 2016 12:00am
Herath hat-trick wrecks Australia, Sri Lanka sense victory

Herath hat-trick wrecks Australia, Sri Lanka sense victory

Rangana Herath claimed his maiden test hat-trick as 21 wickets tumbled on a frantic second day with hosts Sri Lanka closing in on a series-clinching victory against Australia in the second test in Galle on Friday. The dramatic day began with Australia res
Published 06 Aug, 2016 12:00am
Bangladesh shuts 'objectionable' news sites

Bangladesh shuts 'objectionable' news sites

Bangladesh has shut down dozens of online news services including those of pro-opposition media, an official said Friday, sparking accusations of government censorship. The head of the national telecoms regulator said he ordered the closures late Thursday
Published 06 Aug, 2016 12:00am
Black Lives Matter protest blocks Heathrow airport access

Black Lives Matter protest blocks Heathrow airport access

Black Lives Matter protesters brought the main road into Europe's busiest airport to a standstill on Friday as they blocked the traffic entering London Heathrow. Police said a number of people had been arrested at the west London airport and holidaymakers
Published 06 Aug, 2016 12:00am
Two Ivorian soldiers jailed over beach attack

Two Ivorian soldiers jailed over beach attack

Two Ivorian soldiers have been jailed for 10 years for having associated with the perpetrators of a beach attack that left 19 people dead in March. A military court found sergeants Zanga Zoumana Coulibaly and Brice Toure guilty late Thursday of associatin
Published 06 Aug, 2016 12:00am
Trump eyes economy as he seeks to shift course after turbulent week

Trump eyes economy as he seeks to shift course after turbulent week

Republican Donald Trump announced plans to address economic issues and backed off a claim that he had seen a video of cash being delivered to Iran on Friday, in signs he wants to steer away from controversial comments and get his White House campaign back
Published 06 Aug, 2016 12:00am
Japan emperor to address nation amid abdication reports

Japan emperor to address nation amid abdication reports

Japanese Emperor Akihito will address the nation next week, the palace said Friday, following reports that the octogenarian wants to abdicate the throne of one of the world's oldest monarchies. An Imperial Household Agency spokesman said Akihito's address
Published 06 Aug, 2016 12:00am
South Sudan rejects UN accusations of rape, killing by its soldiers

South Sudan rejects UN accusations of rape, killing by its soldiers

South Sudan rejected on Friday accusations from the UN that its soldiers had raped and killed civilians during and after ethnically-charged fighting last month in the capital Juba. On Thursday, Zeid Ra'ad Al Hussein, UN High Commissioner for Human Rights,
Published 06 Aug, 2016 12:00am
Actor David Huddleston dies

Actor David Huddleston dies

American actor David Huddleston, who played The Big Lebowski in the film of the same name, has died in Santa Fe, a newspaper reported Thursday. He was 85. Huddleston died on Tuesday of heart and kidney disease, his wife, Sarah Koeppe, told the Los Angeles
Published 06 Aug, 2016 12:00am
Costa Rica has first case of Zika-associated syndrome

Costa Rica has first case of Zika-associated syndrome

Costa Rica on Thursday confirmed the first local case of the potentially fatal Guillain-Barre syndrome associated with the Zika virus. The victim of the neurological disorder, a 14 year-old resident of the Pacific coastal town of Jaco - where the main out
Published 06 Aug, 2016 12:00am
Indonesia foils militant plot to attack Singapore

Indonesia foils militant plot to attack Singapore

Indonesian police Friday arrested six suspected militants over a plot to launch a rocket attack on an up-market Singapore waterfront district from a nearby island, prompting the city-state to tighten security. The six men, aged between 19 and 46, were det
Published 06 Aug, 2016 12:00am
Islamic State captures up to 3,000 fleeing Iraqis: UNHCR

Islamic State captures up to 3,000 fleeing Iraqis: UNHCR

Islamic State fighters may have captured up to 3,000 fleeing Iraqi villagers on Thursday and subsequently executed 12 of them, the UN refugee agency UNHCR said in a daily report on events in Iraq. The report followed a statement on Thursday from the Iraqi
Published 06 Aug, 2016 12:00am
Strikes kill 10 in Aleppo

Strikes kill 10 in Aleppo

At least 10 people, including seven children, were killed in air strikes on the rebel-held east of Aleppo city on Friday, the Syrian Observatory for Human Rights monitor said. The Britain-based group said it was unclear if the raids on Aleppo's Marjeh dis
Published 06 Aug, 2016 12:00am
Russia calls on US to show 'trust' over Syria

Russia calls on US to show 'trust' over Syria

Russia on Friday hit back at US criticism over Syria, accusing Washington of lacking trust in Moscow and not behaving as a true partner. "The United States sometimes don't behave as partners when dealing with us on Syrian issues and are not always ready t
Published 06 Aug, 2016 12:00am
Hyderabad-Sukkar Motorway: Prime Minister gives approval to construction

Hyderabad-Sukkar Motorway: Prime Minister gives approval to construction

Prime Minister Muhammad Nawaz Sharif Friday gave in principle approval for the construction of Hyderabad-Sukkar Motorway and directed the Chairman National Highway Authority (NHA) to start work on the project in March 2017. The approval was given during a
Published 06 Aug, 2016 12:00am
SECP dismisses appeal filed by oil & gas exploration company

SECP dismisses appeal filed by oil & gas exploration company

An Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) has observed that the arguments of a leading oil and gas exploration and production company regarding changes proposed in the law relating to the appointment of share registra
Published 06 Aug, 2016 12:00am
SECP issues new regulatory regime for credit rating agencies

SECP issues new regulatory regime for credit rating agencies

In line with its efforts to strengthen the capital market and as part of subsidiary legislation under the Securities Act, 2015, the Securities and Exchange Commission of Pakistan (SECP) has accorded it approval to the Credit Rating Companies (CRC) Regulat
Published 06 Aug, 2016 12:00am
KP PA passes 'Conflict of Interest (CoI) Bill, 2016'

KP PA passes 'Conflict of Interest (CoI) Bill, 2016'

At last Khyber Pakhtunkhwa Assembly Friday passed the much awaited Conflict of Interest (CoI) Bill, 2016 to ban private business for public office holders of the province. The original draft of the Bill presented in the provincial assembly on November 19,
Published 06 Aug, 2016 12:00am
FBR clarification

FBR clarification

An apropos of news item appeared in some sections of the press with respect to availability of input tax credit or refund of input tax paid on packing materials used by the five export-oriented sectors ie textile, leather, sports goods, surgical instrumen
Published 06 Aug, 2016 12:00am
'KATI trying to perform at its best despite issues'

'KATI trying to perform at its best despite issues'

President of Korangi Association of Trade & Industry (KATI) Zahid Saeed has said that despite the higher cost of doing business and other issues regarding policies and infrastructure industry is trying to perform at its best. He expressed hope that "if th
Published 06 Aug, 2016 12:00am
Schedule for LCCI polls announced

Schedule for LCCI polls announced

Annual election for managing committee seats of Lasbela Chamber of Commerce and Industry (LCCI) for the year 2016-17 will be held on September 15. According to schedule announced by election committee, election of president, senior vice president, vice pr
Published 06 Aug, 2016 12:00am
Unnecessary protocol should be avoided: IG Sindh

Unnecessary protocol should be avoided: IG Sindh

Sindh Inspector-General Police AD Khawaja on Friday said that security was obligatory but unnecessary protocol should be avoided. AD Khawaja also said that progress in the Amjad Sabri murder case had been made however, he could not share the details at th
Published 06 Aug, 2016 12:00am
PN takes over command of CTF-150

PN takes over command of CTF-150

Royal Navy handed over the command of Multinational Combined Task Force 150 to Pakistan Navy at a formal and impressive Change of Command Ceremony held at HQ US NAVCENT, Bahrain. Commodore Bilal Abdul Nasir took over the Command of CTF-150 from Commodore
Published 06 Aug, 2016 12:00am
HCCI hails appointment of new HESCO chief

HCCI hails appointment of new HESCO chief

President of Hyderabad Chamber of Commerce and Industry Gohar Ullah and Chairman HCCI sub-committee on HESCO, Abdul Sattar Khan has welcomed the appointment of Asadullah Durrani as the Chief Executive Officer of HESCO adding that his appointment is a grea
Published 06 Aug, 2016 12:00am
President visits Yadgaar-e-Shuhada at Quetta camp

President visits Yadgaar-e-Shuhada at Quetta camp

President Mamnoon Hussain visited the Yadgaar-e-Shuhada at Quetta camp on Friday morning. He offered Fateha for the departed souls of martyrs and laid floral wreath on the monument. The President also commended great sacrifices rendered by the security fo
Published 06 Aug, 2016 12:00am
KCCI rejects reports

KCCI rejects reports

The spokesman of Karachi Chamber of Commerce and Industry (KCCI), while referring to some misleading and baseless reports in different sections of the press and also circulating in social media, stated that some unscrupulous elements, who are involved in
Published 06 Aug, 2016 12:00am
Rains coupled with thunderstorm forecast for 24 hours

Rains coupled with thunderstorm forecast for 24 hours

The Met Office on Friday forecast more monsoon rains coupled with thunderstorm and heavy falls for entire country in the next 24 hours. It also predicted a new monsoon rainy spell with thunderstorm gusty winds and isolated heavy falls at scattered places
Published 06 Aug, 2016 12:00am
'Pak Science Foundation should focus on sizing, weaving sectors'

'Pak Science Foundation should focus on sizing, weaving sectors'

Despite the excellent performance of textile sector, the sizing and weaving sectors are least developed and are unable to contribute their due role in the up gradation of the textile sectors. Hence Pakistan Science Foundation should specially focus on the
Published 06 Aug, 2016 12:00am
UAF to start new programmes working with UC Davis, USA

UAF to start new programmes working with UC Davis, USA

The University of Agriculture Faisalabad in collaboration with the University of California (UC) Davis, USA, is kicking off two new postgraduate degree programmes including MSc (Hons) Climate Changes and MSc (Hons) Seed Science and Technology. The program
Published 06 Aug, 2016 12:00am
Plea challenging Wapda officers' promotion dismissed

Plea challenging Wapda officers' promotion dismissed

The Supreme Court here on Friday dismissed a petition of Wapda chairman challenging promotion of two officers Muhammad Aleem and Naveed Qureshi of the authority ordered by Federal Services Tribunal (FST). The petition on behalf of the chairman stated that
Published 06 Aug, 2016 12:00am
PDWP approves two more uplift schemes

PDWP approves two more uplift schemes

The Punjab Provincial Development Working Party approved welfare schemes of Development Sectors with an estimated cost of Rs 374.482 million. The schemes were approved in the 7th meeting of Provincial Development Working Party (PDWP) of current fiscal yea
Published 06 Aug, 2016 12:00am
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