General Electric Co's recent purchase of part of Doosan Engineering & Construction Co Ltd of Korea will sharply boost the US manufacturer's revenues from its $9.5 billion purchase of Alstom power assets last year, a senior GE executive said on Tuesday.

Additional Chief Secretary Shamail Ahmad Khawaja emphasised the need to create an indigenous cadre of the Anti-Corruption Establishment (ACE) through initial recruitment. The candidates having academic background of corporate law must be given preference

MD/CEO of Daanish Schools Authority, Tariq Mahmood while presiding over a meeting of principals of 13 schools of Lahore, which have been handed over to the Daanish Authority, at his office on Wednesday has said these schools would be developed as best cen

The University of Veterinary and Animal Sciences Lahore and Saidq Group Rawalpindi inked a memorandum of understanding (MoU) for the development of poultry sector. Vice-Chancellor Meritorious Professor Dr Talat Naseer Pasha and Sadiq Group Human Resource

Punjab Chief Minister Muhammad Shahbaz Sharif has felicitated Masood Khan on his election as President Azad Kashmir. In a message, the Chief Minister expressed good wishes for the newly-elected President of Azad Kashmir and expressed the hope that he woul

Federal Secretary for Water and Power Mohammad Younus Dagha said Wednesday Pakistan would be generating 4000 megawatt surplus electricity by the end of 2018 and the problem of load shedding would be over in 90 percent areas of the country. "We are expecti

The Punjab Health Foundation (PHF) is going to launch a smart loan scheme upto Rs 0.5 million on personal guarantee with the recommendation of family physicians, to establish PHF Health Clinics for general practitioners (GPs) in the province. Bank of Punj

The Punjab Revenue Authority (PRA) in collaboration with German Technical Corporation (GIZ) organised an awareness workshop for beauty salons owners and operators to pay the sales tax on services. Parliamentarians Madeha Rana and Fatima Fareeha were the c

EPCL) is the only fully integrated chlor-vinyl chemical complex in Pakistan. The market leader of PVC boasts a market capitalisation of over Rs 5.8 billion. Its flagship brand 'SABZ' has become synonymous with quality PVC in Pakistan.

EPCL) is the only fully integrated chlor-vinyl chemical complex in Pakistan. The market leader of PVC boasts a market capitalisation of over Rs 5.8 billion. Its flagship brand 'SABZ' has become synonymous with quality PVC in Pakistan.

Capital Development Authority (CDA) asked the Interior Ministry to place names of the directors of BNP group including its chairman on the Exit Control List (ECL). The BNP is the private firm constructing five star Grand Hyatt and 28 storey towers adjacen

Zarai Taraqiati Bank Limited (ZTBL) has agreed to extend cooperation with the leading tractors and agriculture equipment manufacturers Al-Ghazi Tractors Limited (AGTL) to look into the possibilities of improving farmers' economy and increasing their yield

Taking a suo-motu action against illegalities, contraventions & violations in appointments within the National Accountability Bureau (NAB), the Supreme Court on Wednesday decided to take up the matter during the last week of August 2016. Chief Justice of

A parliamentary panel on Wednesday sought an explanation from the government on continuous delay in constitutional amendment to give a 20-year extension for ensuring regional and provincial quota system in direct appointments under the federal government.

North Korea says it has resumed plutonium production from spent fuel rods and has no plans to stop nuclear tests as long as the United States still "threatens" Pyongyang, Kyodo News reported Wednesday. The North's Atomic Energy Institute, which has jurisd

South Korea said Wednesday that North Korea's deputy ambassador to Britain had defected to Seoul, in a rare and damaging loss of diplomatic face for Pyongyang. The Unification Ministry said Thae Yong-Ho - the number-two at the North's mission in London -

A train crashed into a tree that had fallen onto the tracks in a hailstorm in southern France on Wednesday, leaving eight people seriously injured, rescue workers said. The regional service carrying some 250 passengers was travelling at 140 kilometres an

Australia agreed Wednesday to close a camp for asylum-seekers on Papua New Guinea, one of two controversial Pacific island centres attracting growing criticism, but said none of the hundreds of men there now would be resettled on its soil. Canberra's poli

Soaring temperatures world-wide made July the Earth's hottest month in modern times, setting a new high mark for global heat in 137 years of record-keeping, US government scientists said Wednesday. The report from the National Oceanic and Atmospheric Admi

Japan lodged a fresh diplomatic protest with China on Wednesday, accusing the country of again sending its coast guard ships into waters surrounding contested islands in the East China Sea. The two countries are locked in a long-running dispute over the u

Indonesia sank dozens of impounded foreign boats to mark Independence Day, an official said Wednesday, as President Joko Widodo steps up a campaign to stop foreign fishermen from "stealing" in its waters Since elected, President Joko Widodo has intensifie

Turkey began freeing 38,000 prisoners on Wednesday, after announcing a penal reform that will make space for tens of thousands of suspects rounded up over last month's attempted coup. The reform was one of a series of measures outlined on Wednesday in two

Philippine President Rodrigo Duterte on Wednesday hit out at "stupid" United Nations' criticism of his controversial crime war that has claimed 1,000 lives, warning the global body not to interfere. The political outsider, who swept to a landslide electio

Spain's corruption-hit ruling Popular Party (PP) agreed Wednesday to negotiate with Ciudadanos to try and form a government, just days after the centrist grouping set a series of anti-graft demands as a condition to start talks. The move is a tentative fi

Germany sought Wednesday to head off a storm over a leaked government document that described Turkey as a "platform" for Islamists and underlined the "ideological affinity" between the country's leadership and Egypt's Muslim Brotherhood. Without confirmin

Pakistan launch their quest to make sure of an automatic qualifying spot at the 2019 World Cup in England when they face Ireland in two one-day internationals at Malahide, near Dublin, on Thursday and Saturday. The fixtures, Pakistan's lead in to a five-m

Jamaica unleashed a new sprint sensation as Omar McLeod took the Rio Olympics 110m hurdles while Chinese sports fans lamented the team's perceived lack of gold medal success in Rio. Frustration bubbled over in China where sports fans branded their athlete

Robson Conceicao made history for the hosts when he won Brazil's first-ever Olympic boxing gold in Rio on Tuesday, triggering pandemonium and becoming an instant national hero. The man who sold vegetables and melting popsicles on the streets as an impover

Australia lost their crown as the kings of Test cricket Wednesday after another devastating burst of spin bowling from the veteran Rangana Herath helped Sri Lanka clinch an historic series whitewash. Set a formidable target of 324 in their second innings

Amateur boxing's governing body said Wednesday it had dropped an undisclosed number of officials from the Rio Olympics after "less than a handful of decisions not at the level expected". The International Boxing Association (AIBA) acted after several aggr

The Australian and New Zealand dollars were subdued on Wednesday after the US dollar received a lift on speculation the US Federal Reserve may raise interest rates this year. The Australian dollar edged down to $0.7690, from a peak of $0.7750 set on Tuesd

Sterling's gains after data showed claims for jobless benefit in Britain unexpectedly fell in July were fleeting on Wednesday as the numbers did little to alter expectations of easier monetary policy and drove another bout of selling in the currency. Clai

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

Most emerging Asian currencies on Wednesday slid as investors booked profits from their recent gains after hawkish comments from Federal Reserve officials, but doubts over near-term increases in US borrowing costs limited their downside. The Chinese yuan

The Canadian dollar strengthened to a seven-week high against its broadly weaker US counterpart on Tuesday as oil rose and domestic data showed a rebound in factory sales. The greenback was pummelled by investors tempering bets on the timing and pace of U

The US dollar hit its lowest levels in more than seven weeks against the euro, yen and Swiss franc on Tuesday a day after dovish comments from a top Federal Reserve official, but pared losses after remarks from the head of the New York Fed raised expectat

The US dollar recovered slightly on Wednesday as traders took profits on Tuesday's gains in the euro, yen and Swiss franc, and on expectations that the Federal Reserve could strike a hawkish tone in meeting minutes to be released later in the session. The

The dollar extended its recovery against a basket of currencies on Wednesday after bouncing back from 7-week lows against the yen and euro on the back of hawkish comments from two Federal Reserve officials in the previous session. Dealers said some of the

The dollar rebounded from 7-week lows against the yen on Wednesday following hawkish comments from Federal Reserve officials. Easing risk aversion also reduced bids for the safe-haven Japanese currency as shares in Tokyo bounced. The dollar was up 0.8 per

A slump in Admiral shares dragged Britain's top stock index down further from the 14-month highs it hit on Wednesday, after the car insurer said that market volatility caused by Britain's vote to leave the EU had hit its solvency ratio. Shares in Admiral,

Australia's share market fell slightly on Wednesday, led by falls on Wall Street overnight and poor results in the financial sector, while New Zealand shares rose after strong local results impressed investors. The S&P/ASX 200 index was down 2 points to 5

Taiwan stocks fell in line with regional peers on Wednesday, paced by declines in technology heavyweights such as Hon Hai Precision Industry Co Ltd .Asian shares pulled back from a one-year high and the dollar strengthened, after an influential Federal Re

European shares fell on Wednesday, with Austrian brickmaker Wienerberger, brewer Carlsberg and UK insurer Admiral sliding after publishing results. The pan-European STOXX 600 index, which reached a seven-week high earlier in the week, fell 0.8 percent. Th

China stocks barely moved on Wednesday, the day after China approved the launch of a long-anticipated stock trading link to allow stock trading between Hong Kong and Shenzhen, the world's second-busiest, and tech-heavy, exchange. The CSI300 index, which t

Indian shares fell for a second consecutive session on Wednesday, reflecting the cautious sentiment in global markets after an influential US Federal Reserve official said interest rates could rise as soon as September. The BSE index fell 0.21 percent to

Most Southeast Asian stocks fell on Wednesday, as risk appetite soured after two US Federal Reserve officials stoked hopes that interest rates would be raised at least once this year, while investors braced for the minutes of a Fed meeting. New York Feder

US Treasury prices slipped on Tuesday, with the two-year yield touching a near-three-week high as comments from two top Federal Reserve officials rekindled bets the US central bank may raise interest rates by year-end if the economy improves further. New

US Treasury prices slipped on Tuesday, with the two-year yield touching a near-three-week high as comments from two top Federal Reserve officials rekindled bets the US central bank may raise interest rates by year-end if the economy improves further. New

Hong Kong shares slipped on Wednesday, as some investors took profits and shrugged off China's approval of a long-anticipated link to allow stock trading between Hong Kong and Shenzhen. The Hang Seng index fell 0.5 percent, to 22,799.78, while the China E

US stocks eased from record highs on Tuesday after comments from Federal Reserve officials fuelled speculation of an interest rate hike this year. The S&P telecommunications index and utilities, among sectors most sensitive to changes in interest rates, l

US stocks were lower on Wednesday as investors held off from making big bets ahead of the release of the minutes of the Federal Reserve's July policy meeting. The Fed left interest rates unchanged at its meeting last month but said near-term risks to the

Tokyo stocks rose Wednesday morning, shrugging off a fall on overseas markets as oil-linked shares and banks rose while a halt in the yen's rally lifted exporters. The Japanese market has been under pressure since weak GDP figures Monday resurrected fears

Most Middle Eastern stock markets fell on Wednesday with Saudi Arabia hit by a broad sell-off, but support for Qatar persisted on expectations of fund inflows when index compiler FTSE includes it in its emerging market index next month. Doha's index rose

The number of people claiming unemployment benefit in Britain unexpectedly fell in July despite the shock decision by voters to leave the European Union, suggesting little immediate impact from Brexit on the labour market. Benefit claimants fell by 8,600

Customers at Deutsche Bank, Germany's largest, will not be charged negative interest rates on their savings, a senior executive said on Wednesday. "That won't happen with us," private banking chief Christian Sewing told Bild daily. Banks across Europe are

An ex-Wall Street investment banker was convicted on Wednesday of engaging in insider trading by tipping his father off to unannounced healthcare mergers, a victory for prosecutors after an appellate ruling made it harder to pursue such cases harder. Sean

The outlook for the Swiss economy has turned gloomier for the first time in six months as the country grapples with weaker prospects for Europe following Britain's vote to quit the European Union, according to a poll published on Wednesday. The Credit Sui

The British government on Wednesday announced plans to clamp down on accountants, financial planners and advisers who enable tax avoidance, with heavy fines for those caught. Firms and individuals could have to pay up to 100 percent of the tax they helped

US investors believe their stocks will do better if Donald Trump rather than Hillary Clinton wins the White House, but that confidence has eroded in recent weeks, a new poll showed Wednesday. With US markets trading at record highs, the Bloomberg Politics

Spanish gross debt rose to a record high 1.1 trillion euros ($1.24 trillion) in June, Bank of Spain data showed on Wednesday, which the economy ministry said that was equivalent to 100.9 percent of national output, well above 2016 goals. Spain is aiming f

Iran said Wednesday that Norway had offered the Islamic republic a $1-billion credit line following a meeting between their foreign ministers in Tehran. Borge Brende and Mohammad Javad Zarif signed three "export credit" deals aimed at funding "development

Saudi Arabia is sending signals that it could boost its crude oil supplies in August to a new record level, overtaking Russia, the world's top oil producer, as it gets ready for tough talks next month for a global output freeze pact. Industry sources say

Filipino and Saudi officials are working together to help thousands of stranded workers under a directive from King Salman, a diplomat said Wednesday as the Philippines labour secretary visited. The roughly 11,000 Filipinos are among tens of thousands of

Russia's economy weakened overall at the beginning of the third quarter, mixed macroeconomic data for July showed on Wednesday, strengthening the case for the central bank to cut interest rates at its next meeting in September, economists said. Income dat

New Zealand's unemployment rate fell to 5.1 percent in the second quarter, Statistics New Zealand said on Wednesday, beating expectations. The agency revised seasonally adjusted first quarter unemployment rate for the first quarter to 5.2 percent from 5.7

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (August 17, 2016).

The following were the revised rates of debt securities on Wednesday (August 17, 2016).

The following were the revised rates of debt securities on Wednesday (August 17, 2016).

The following were the cross transactions between client to client & financial institutions here on Wednesday (August 17, 2016).

The following transactions member to member subsequently reported on Wednesday (August 17, 2016).

Mutual Funds Association has issued open-end funds daily prices for Wednesday (August 17, 2016)

Mutual Funds Association has issued open-end funds daily prices for Wednesday (August 17, 2016)

Mutual Funds Association has issued open-end funds daily prices for Wednesday (August 17, 2016)

National Clearing Company declares daily settlement information for local & foreign investors on Wednesday (August 17, 2016).

BRIndex30 and BR Sectoral Indices on Wednesday (August 17, 2016).

Board Meetings of Companies listed on the Karachi Stock Exchange.

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.

Last dates of renunciation/payment.

Right issues proposed by companies listed on Karachi Stock Exchange.

Karachi Stock Exchange's Clearing Schedule for T+2 System.

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

JLI Capital Growth Takaful Fund Rates on Wednesday (August 17, 2016).

JLI Capital Growth Takaful Fund Rates on Wednesday (August 17, 2016).

JLI Capital Growth Takaful Fund Rates on Wednesday (August 17, 2016).

JLI Managed Takaful Fund Rates on Wednesday (August 17, 2016).

JLI Managed Takaful Fund Rates on Wednesday (August 17, 2016).

JLI Managed Takaful Fund Rates on Wednesday (August 17, 2016).

JLI Yaqeen Growth Fund Rates on Wednesday (August 17, 2016).

JLI Yaqeen Growth Fund Rates on Wednesday (August 17, 2016).

JLI Yaqeen Growth Fund Rates on Wednesday (August 17, 2016).

JLI Meeseq Fund Rates on Wednesday (August 17, 2016).

JLI Meeseq Fund Rates on Wednesday (August 17, 2016).

JLI Meeseq Fund Rates on Wednesday (August 17, 2016).

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (August 17, 2016).

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (August 17, 2016).

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (August 17, 2016).

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (August 17, 2016).

US natural gas futures settled 1 percent higher on Tuesday, helped for a second straight day by stronger crude oil prices that offset bearish weather forecasts expected to temper demand for air conditioning. Front-month gas futures for September delivery

Indian farmers have grown crops on 95.42 million hectares ever since the summer-sowing season began in June, 6.5 percent higher from a year earlier, government data showed on Friday. The progress in planting comes after the monsoon covered the entire coun