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Print - 2016-08-20
Kalashnikov replica store opens in Russian airport

Kalashnikov replica store opens in Russian airport

Russia's biggest international airport on Friday expressed concern after gunmaker Kalashnikov opened a store there selling lifesize replica rifles. The Kalashnikov Concern, producer of the ubiquitous AK-47 rifle, earlier this week launched a store at the
Published 20 Aug, 2016 12:00am
Putin visits Crimea after Ukraine incursion claim

Putin visits Crimea after Ukraine incursion claim

Russian President Vladimir Putin was on Friday visiting annexed Crimea to boost security measures there, just days after accusing Kiev of attempting an armed incursion into the peninsula. Putin chaired a meeting of his powerful security council in Crimea
Published 20 Aug, 2016 12:00am
Trump's embattled campaign chairman resigns

Trump's embattled campaign chairman resigns

Donald Trump's campaign chairman, Paul Manafort, resigned Friday under fire over a Ukrainian corruption investigation and after being sidelined in a reshuffle as the Republican nominee struggles to reverse sinking poll numbers. The departure of the smooth
Published 20 Aug, 2016 12:00am
'New port of call' installed at space station

'New port of call' installed at space station

With more private spaceship traffic expected at the International Space Station in the coming years, two US astronauts embarked on a spacewalk Friday to install a special parking spot for them. Americans Jeff Williams and Kate Rubins switched their spaces
Published 20 Aug, 2016 12:00am
South Africa opposition takes control of capital from ANC

South Africa opposition takes control of capital from ANC

South Africa's ruling ANC lost control of the capital Pretoria for the first time since the end of apartheid two decades ago, as an opposition councillor was elected mayor on Friday. Solly Msimanga, 36, of the liberal centre-right Democratic Alliance (DA)
Published 20 Aug, 2016 12:00am
Body of missing French tourist found in Nepal

Body of missing French tourist found in Nepal

A 35-year-old French tourist who disappeared in Nepal last week has been found dead, the French government said on Friday, adding that an investigation into her death was under way. "We have been informed by Nepalese authorities that the body of Ms Guerin
Published 20 Aug, 2016 12:00am
Nice becomes latest French city to ban burkini

Nice becomes latest French city to ban burkini

Nice has become the latest French seaside resort to ban the burkini, the body-concealing Islamic swimsuit that has sparked heated debate in secular France, city officials said Friday. Using language similar to bans imposed in a string of other towns on th
Published 20 Aug, 2016 12:00am
China's president pledges to support Myanmar peace talks

China's president pledges to support Myanmar peace talks

Chinese President Xi Jinping promised to support Myanmar's peace process Friday as he met with the country's de facto leader Aung San Suu Kyi in Beijing ahead of historic talks with armed groups near the countries' troubled joint border. During the sit-do
Published 20 Aug, 2016 12:00am
Note on proposed Benami Transactions (Prohibition) Act, 2016

Note on proposed Benami Transactions (Prohibition) Act, 2016

The National Assembly's Standing Committee on Finance has approved the draft of Benami Transactions (Prohibition) Act, 2016 on August 16, 2016. The draft Act has now been forwarded to the National Assembly for consideration.
Published 20 Aug, 2016 12:00am
Security situation in Balochistan reviewed

Security situation in Balochistan reviewed

A high-level meeting in Quetta on Friday reviewed the overall security situation in the province. The meeting chaired by Chief Minister Balochistan Nawab Sanaullah Khan Zehri discussed measures to make intelligence further effective and improve the law an
Published 20 Aug, 2016 12:00am
HEC to promote research culture: Chairman

HEC to promote research culture: Chairman

Higher Education Commission (HEC) is committed to promote research culture in the country, which is aligned with needs of Pakistani society. Chairman HEC, Dr Mukhtar Ahmed said during a two-day International Symposium on Technology Entrepreneurship and in
Published 20 Aug, 2016 12:00am
LNG deal: PSO fails to place details on website

LNG deal: PSO fails to place details on website

The management of the Pakistan State Oil (PSO) seems to have ignored the directions of the Petroleum Minister, Shahid Khaqan Abbasi to place the Liquefied Natural Gas (LNG) deal signed with Qatar on 10 February on its website. The LNG deal has also not be
Published 20 Aug, 2016 12:00am
PPL donates equipment to Murshid Hospital

PPL donates equipment to Murshid Hospital

Pakistan Petroleum Limited (PPL) donated equipment worth Rs 20 million to Murshid Hospital and Health Care Centre (MHHCC) Hub for its various faculties. MD and CEO PPL Syed Wamiq Bokhari handed over the equipment to Medical Director MHHCC Dr Abdul Sattar
Published 20 Aug, 2016 12:00am
SC dismisses Mirza's plea

SC dismisses Mirza's plea

The top court on Friday dismissed the plea of former Interior Minister Sindh Zulfikar Ali Mirza who had urged the apex court to declare proportionate allocation of reserved seats for local councils under Section 18-A of the Sindh Local Government Act (SLG
Published 20 Aug, 2016 12:00am
StanChart Pakistan receives 'Best Digital Islamic Bank 2016'

StanChart Pakistan receives 'Best Digital Islamic Bank 2016'

Standard Chartered Pakistan has been recognised as the Best Digital Islamic Bank in Aisa 2016 by Global Finance. This is the second year in a row that Standard Chartered has won this award. This award is a recognition of Standard Chartered's superior Shar
Published 20 Aug, 2016 12:00am
Potential of marble & granite PASDEC briefs CM, CS Gilgit-Baltistan

Potential of marble & granite PASDEC briefs CM, CS Gilgit-Baltistan

Pakistan Stone Development Company (PASDEC) delivers briefing to the Chief Minister (CM) Gilgit-Baltistan Hafiz Hafiz-ur-Rehman and the Chief Secretary (CS) Tahir Hussain on potential of Marble and Granite in the region. A detailed presentation was delive
Published 20 Aug, 2016 12:00am
SC seeks detailed report from CADD official on public hospitals

SC seeks detailed report from CADD official on public hospitals

The Supreme Court on Friday sought detailed report from Secretary Capital Administration and Development Division (CADD) on the availability of medicines and current functional status of medical equipments in the Federal capital public hospitals.
Published 20 Aug, 2016 12:00am
Dengue virus hits Malakand

Dengue virus hits Malakand

Dengue virus has broken out in Batkhela, district headquarters of Malakand where 15 persons were admitted in district hospital Lower Dir in three days. According to Deputy Commissioner (DC), Malakand Khaista Rehman Khan said that precautionary measures ha
Published 20 Aug, 2016 12:00am
Pakistan SME Forum to be held on August 23

Pakistan SME Forum to be held on August 23

The 10th Pakistan SME Forum 2016 organized by SHAMROCK Conferences International will be held on August 23, at the Pearl-Continental Hotel, Karachi. The theme of the moot is "Facilitating SMEs Makes Economic Sense" and will feature the sector's critical i
Published 20 Aug, 2016 12:00am
Pak Asia USA Trade Expo to be held from December 9 in Houston

Pak Asia USA Trade Expo to be held from December 9 in Houston

Pak Asia USA Trade Expo schedule to be held from December 9 to 17 in Houston will help in the main streaming of Pakistani exporters in USA, said Syed Muhammad Waseem Akhtar President Pakistan Chamber of Commerce USA. Addressing the business community of F
Published 20 Aug, 2016 12:00am
Spread of Congo virus: Turkish, UVAS experts discuss steps

Spread of Congo virus: Turkish, UVAS experts discuss steps

A delegation of experts including Dr Ebru Arydin and Dr Dilek Meneminilogo from the Turkish Public Health Institute, Turkey, visited the University of Veterinary and Animal Sciences (UVAS) on Friday and discussed with the UVAS researchers and the Livestoc
Published 20 Aug, 2016 12:00am
Small Grants & Ambassador's Fund Programme: USAID showcases achievements

Small Grants & Ambassador's Fund Programme: USAID showcases achievements

The United States Agency for International Development (USAID) showcased the achievements of the Small Grants and Ambassador's Fund Programme. The programme, implemented by the National Rural Support Programme, has supported 56 grants worth $7 million in
Published 20 Aug, 2016 12:00am
Health sector: PDWP approves two schemes costing Rs 11.5 billion

Health sector: PDWP approves two schemes costing Rs 11.5 billion

The Punjab Provincial Development Working Party has given its approval to the Integrated Reproductive Maternal New-born & Child Health & Nutrition Program at the cost of Rs 9882.560 million and Prevention and Control of Hepatitis B&C in the province at th
Published 20 Aug, 2016 12:00am
Neelum Jhelum Project: Wapda chief reviews progress

Neelum Jhelum Project: Wapda chief reviews progress

Pakistan Water and Power Development Authority (WAPDA) Chairman Zafar Mehmood on Friday reviewed the construction work on 969 MW-Neelum Jhelum Hydropower Project (NJHP). According to the WAPDA spokesman, the meeting reviewed in detail the construction wor
Published 20 Aug, 2016 12:00am
UHS declares BSc nursing results

UHS declares BSc nursing results

The University of Health Sciences (UHS) has announced the results of Third Professional BSc nursing (4-year programme) Revised Scheme annual examination. A total of 141 candidates from five affiliated institutes appeared in the examination out of which 13
Published 20 Aug, 2016 12:00am
Bosnian envoy highlights importance of education

Bosnian envoy highlights importance of education

Bosnia and Pakistan are identical Muslim countries and they must invest in education to bring qualitative socio economic changes in their societies, said His Excellency Dr Nedim Makarevic ambassador of Bosnia.
Published 20 Aug, 2016 12:00am
Shamsheer-e-Behr VI concludes

Shamsheer-e-Behr VI concludes

Pakistan Navy's biennial war games Shamsheer-e-Bahr-VI concluded at Karachi yesterday. Prime Minister of Islamic Republic of Pakistan Mr Muhammad Nawaz Sharif graced the occasion. Chief of the Naval Staff Admiral Muhammad Zakaullah received the Chief Gues
Published 20 Aug, 2016 12:00am
SBI wants to hold 'business opportunity' conference with US Consulate

SBI wants to hold 'business opportunity' conference with US Consulate

Sindh Board of Investment (SBI) has shown interest in holding a business opportunity conference with the cooperation of US Consulate to brief the US investors pertaining to the investment opportunities in Sindh. This was expressed by SBI Chairperson Nahee
Published 20 Aug, 2016 12:00am
Global market access: USAID helping mango farmers

Global market access: USAID helping mango farmers

US Consul General Brian Heath visited a mango farm in Tando Hafiz Shah to inspect automated mango graders and processors provided by the US Agency for International Development (USAID). USAID Deputy Mission Director Denise Herbol and Deputy Provincial Dir
Published 20 Aug, 2016 12:00am
Palpa lauds PIA management for launching Premier Service

Palpa lauds PIA management for launching Premier Service

Pakistan Airline Pilots' Association (Palpa) has lauded the efforts of the management of Pakistan International Airlines (PIA) for launching Premier Service. President Palpa, Captain Khalid Hamza, said "we highly appreciate this initiative as it will not
Published 20 Aug, 2016 12:00am
World Islamic Finance Forum at IBA from September 5

World Islamic Finance Forum at IBA from September 5

Centre for Excellence in Islamic Finance (CEIF) at IBA is planning to organise an International Islamic Finance Conference in Karachi on September 5 and 6. World Islamic Finance Forum (WIFF) 2016 is a unique conference being organised by CEIF IBA to bring
Published 20 Aug, 2016 12:00am
Jam Kamal performs ground-breaking of Gwadar gas schemes

Jam Kamal performs ground-breaking of Gwadar gas schemes

Minister of State for Petroleum and Natural Resources, Jam Kamal Khan performed the ground breaking of a number of natural gas distribution schemes being implemented by SSGC in different localities of Gwadar. The ground breaking ceremony, held at Pearl Co
Published 20 Aug, 2016 12:00am
Four of a family gunned down in Quetta

Four of a family gunned down in Quetta

Some unidentified persons barged into a house in Harnai near Quetta and opened indiscriminate fire, killing four persons on the spot and injuring a woman. The dead and injured are members of the same family. The attackers managed to escape from the scene
Published 20 Aug, 2016 12:00am
Engro half year profits down 28 percent

Engro half year profits down 28 percent

Engro Corporation announced a profit-after-tax (PAT) of Rs 6.91 billion for the first half year that ended June 30, said the company Friday. This represents Rs 10.54 earnings per share (EPS). The company's profits were down by 28 percent from Rs 9.56 bill
Published 20 Aug, 2016 12:00am
Engro half year profits down 28 percent

Engro half year profits down 28 percent

Engro Corporation announced a profit-after-tax (PAT) of Rs 6.91 billion for the first half year that ended June 30, said the company Friday. This represents Rs 10.54 earnings per share (EPS). The company's profits were down by 28 percent from Rs 9.56 bill
Published 20 Aug, 2016 12:00am
Quetta blast victims: Rabbani proposes education facility for children

Quetta blast victims: Rabbani proposes education facility for children

Chairman Senate Mian Raza Rabbani has proposed to the provincial governments to take responsibility of educating at least one school going child of the victim families of Quetta blast, in one of the leading school, college or university. It was a view to
Published 20 Aug, 2016 12:00am
KP government promulgates Police Ordinance 2016

KP government promulgates Police Ordinance 2016

The Khyber Pakhtunkhwa government has promulgated the Khyber Pakhtunkhwa Police Ordinance, 2016 and notified it on 1st August in the larger interest of the general public. The Ordinance is of vital importance and its early implementation is the need of th
Published 20 Aug, 2016 12:00am
Factors behind leather industry's woes identified

Factors behind leather industry's woes identified

The absence of level-playing field, import duties on raw materials and slump in the international market has put Pakistan leather industry at a disadvantage, leading to a decline in exports by around 20 percent.
Published 20 Aug, 2016 12:00am
All LTUs, RTOs to remain open today

All LTUs, RTOs to remain open today

All Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) would remain open on Saturday (August 20). In this regard, the Federal Board of Revenue (FBR) has issued instructions to all Chief Commissioners of LTUs and RTOs here on Friday. According to
Published 20 Aug, 2016 12:00am
Attack on police station: inquiry against PML-N leader, worker launched

Attack on police station: inquiry against PML-N leader, worker launched

The city police have launched an inquiry into the alleged attack by the Pakistan Muslim League-Nawaz (PML-N) senior leader and workers on the New Town Police Station, said Senior Superintendent of Police (SSP) Dr Ghias Gul. Talking to Business Recorder
Published 20 Aug, 2016 12:00am
Appointment of pilot as DG DPP draws criticism
Cotton

Appointment of pilot as DG DPP draws criticism

A non-technical man with background in aviation industry is working as Director General (DG) for the Department of Plant Protection (DPP) - a key department for ensuring quality standards of exports and imports of the country's agriculture products' - in
Published 20 Aug, 2016 12:00am
Effective LG system strengthens democracy: President

Effective LG system strengthens democracy: President

President Mamnoon Hussain on Friday said an effective local government system strengthens democratic dispensation and improves living standard of the people by resolving their problems at grassroots level. He was addressing the Independence Day celebratio
Published 20 Aug, 2016 12:00am
Open ballot held for allotment of plots

Open ballot held for allotment of plots

Open balloting for the allotment of as many as 504 plots of Punjab government Servants Housing Foundation's Housing Scheme being completed at Adyala Road, near Gulshan-e-Abad Scheme was conducted here in the "Liberty Castle Hall", Main Boulevard, Gulberg
Published 20 Aug, 2016 12:00am
Amendments in CrPC: Tehreek-e-Insaf criticises government's decision

Amendments in CrPC: Tehreek-e-Insaf criticises government's decision

Pakistan Tehreek-e-Insaf (PTI) on Thursday strongly reacted to federal government decision to make amendments in Code of Criminal Procedure (CrPC), saying it will be an infringement upon the rights of provinces. PTI central information secretary Naeemul H
Published 20 Aug, 2016 12:00am
Officials visit Sundas Foundation

Officials visit Sundas Foundation

On the instructions of Punjab Chief Minister Shahbaz Sharif, Adviser to Chief Minister on Health Khawaja Salman Rafique along with Secretary Specialised Healthcare and Medical Education Najam Ahmed Shah visited Sundus Foundation and inquired after the hea
Published 20 Aug, 2016 12:00am
Fake beverages PFA seals factory

Fake beverages PFA seals factory

The Punjab Food Authority (PFA) sealed a factory situated in Aamir Town, Harbanspura, on Friday on the charges of producing fake soft drinks of different famous brands and got five persons arrested working in the unit. The raid was conducted by Data Ganj
Published 20 Aug, 2016 12:00am
PRA hails likely withdrawal of amendment through Finance Act

PRA hails likely withdrawal of amendment through Finance Act

The Punjab Revenue Authority (PRA) has welcomed the reports that the federal government is ready to withdraw amendment introduced through Finance Act 2016 disallowing input tax adjustment against provincial services provided provinces are ready to pay due
Published 20 Aug, 2016 12:00am
'Sugarcane production can be increased through modern trends'

'Sugarcane production can be increased through modern trends'

Per acre sugarcane production can be increased through the use of modern trends as the country was getting only 450 maunds per acre compared to the potential of 2000 maunds. The agriculturists said this at the inaugural session of six-week Advanced Certif
Published 20 Aug, 2016 12:00am
Titans to hold exhibition on August 25

Titans to hold exhibition on August 25

After holding an outstandingly successful exhibition last year, Titans Autographs & Memorabilia are back once again in Karachi to exhibit their 2016 collection, 'Brace Yourself.' Titans specialises in collecting unique pieces bearing authentic autographs
Published 20 Aug, 2016 12:00am
FBR: transfers and postings

FBR: transfers and postings

The Federal Board of Revenue (FBR) has transferred and posted 78 officers of Inland Revenue Service (BS-16-20) with immediate effect. According to a notification issued here on Friday, Rajabuddin (Inland Revenue Service/BS-20), Commissioner-IR, (Zone-I) R
Published 20 Aug, 2016 12:00am
Experts call for adopting preventive steps against malaria

Experts call for adopting preventive steps against malaria

Health professionals have called for taking malaria prevention and control measures to reduce malaria burden in the country. "Non-immune travellers from malaria-free areas are very vulnerable to disease when they get infected," they said. According to the
Published 20 Aug, 2016 12:00am
Close relations with Kabul cornerstone of foreign policy: Aziz

Close relations with Kabul cornerstone of foreign policy: Aziz

Advisor to the Prime Minister on Foreign Affairs, Sartaj Aziz on Friday said close co-operative relations with Afghanistan have always been cornerstone of Pakistan's foreign policy. "Prime Minister Nawaz Shari's vision of a 'peaceful neighbourhood' enshri
Published 20 Aug, 2016 12:00am
JazzCash launches online payment gateway

JazzCash launches online payment gateway

JazzCash has announced the formal launch of a world class Online Payment Gateway poised to play a major part in the imminent e-commerce boom in Pakistan. The move further strengthens the role it has played in bringing innovation to the branchless banking
Published 20 Aug, 2016 12:00am
Gold import down by 50 percent

Gold import down by 50 percent

Pakistan imported $174.769 million of gold last fiscal year 2015-16, down by 50 percent, official figures suggest. Gold import fall stands at $171.491 million last fiscal year as compared to the precious metal import of $346.260 million in 2014-15, Pakist
Published 20 Aug, 2016 12:00am
Karachi regained its lost glory due to operation: Rajwana
Cotton

Karachi regained its lost glory due to operation: Rajwana

Governor Punjab Malik Muhammad Rafiq Rajwana on Friday said that Pakistan is on the path of economic revival due to concerted efforts by federal government. He was addressing the gathering of business community organised by the Federation of Pakistan Cham
Published 20 Aug, 2016 12:00am
UBG for construction of IP gas pipeline, mega dams

UBG for construction of IP gas pipeline, mega dams

Secretary General United Business Group (UBG), Zubair Tufail has said that the government needs to initiate serious efforts on all fronts so that long-delayed Iran gas pipeline project and mega dams could be constructed without further delay. He said nati
Published 20 Aug, 2016 12:00am
Two alleged terrorists held in Keamari

Two alleged terrorists held in Keamari

Sindh Rangers arrested two terrorists belonging to militant wing of a political party besides recovering a huge cache of weapons from their possession here on Friday. Spokesman of Sindh Rangers said that the paramilitary force on an intelligence tip-off r
Published 20 Aug, 2016 12:00am
USAID AMD official visits TDAP office

USAID AMD official visits TDAP office

Peter Dickrell, US-Pakistan Partnership for Agricultural Market Development (AMD) Chief of Party has said that his organisation will continue its co-ordination to enhance trade and export development efforts through targeted support and facilitation of se
Published 20 Aug, 2016 12:00am
Ladies Club: KP government constitutes 14-member Governing Body

Ladies Club: KP government constitutes 14-member Governing Body

The Local Government Department Khyber Pakhtunkhwa has constituted 14- member Governing Body for running the affairs of Ladies Club in University Town Peshawar following the directives of Chief Secretary Khyber Pakhtunkhwa Amjad Ali Khan. According to the
Published 20 Aug, 2016 12:00am
Immovable property: Business community rejects FBR's valuation tables

Immovable property: Business community rejects FBR's valuation tables

Business community has termed the Federal Board of Revenue's property evaluation tables as unrealistic, demanding of the government to withdraw it immediately. Chairman of the Businessmen Panel and former President of Federation of Pakistan Chambers of Co
Published 20 Aug, 2016 12:00am
Immovable property: Business community rejects FBR's valuation tables

Immovable property: Business community rejects FBR's valuation tables

Business community has termed the Federal Board of Revenue's property evaluation tables as unrealistic, demanding of the government to withdraw it immediately. Chairman of the Businessmen Panel and former President of Federation of Pakistan Chambers of Co
Published 20 Aug, 2016 12:00am
Vote rigging causes negative impact on Kashmir movement: Sultan

Vote rigging causes negative impact on Kashmir movement: Sultan

Former Prime Minister Azad Jammu and Kashmir and President PTI AJK Barrister Sultan Mahmood Chaudhry while issuing proofs of election rigging has said that a candidate of Pakistan Muslim League- Nawaz (PML-N) admitted to draw Rs 20 million from Kashmir Co
Published 20 Aug, 2016 12:00am
ITU signs MoU with Harvard University

ITU signs MoU with Harvard University

Professor Jennifer Leaning, François-Xavier Bagnoud Professor of the Practice of Health and Human Rights and Director of the FXB Center for Health and Human Rights, Harvard University visited the Centre for Governance and Policy, Information Technology Un
Published 20 Aug, 2016 12:00am
Matiari-Lahore transmission line: Nepra approves 70 paisa tariff

Matiari-Lahore transmission line: Nepra approves 70 paisa tariff

National Electric Power Regulatory Authority (NEPRA) has approved 70 paisa per kWh tariff for 660 kV 4000 MW Matiari-Lahore transmission line. Pakistan Private Power Infrastructure Board (PPIB) filed a petition with NEPRA for the tariff determination. In
Published 20 Aug, 2016 12:00am
Conviction in 889 cases achieved with 51 percent rate: NAB

Conviction in 889 cases achieved with 51 percent rate: NAB

National Accountability Bureau (NAB), out of 1,762 decided cases, has achieved conviction in 889 cases of corruption which shows a conviction rate of about 51 percent. The Bureau has completed about 6,300 inquiries, of which 56 percent were matured into f
Published 20 Aug, 2016 12:00am
Three killed, 20 injured as passenger bus overturns in Khuzdar

Three killed, 20 injured as passenger bus overturns in Khuzdar

At least three people died and more than 20 others including women and children were injured when a passenger bus overturned here on Friday. Rescue sources said that a Pishin bound passenger bus coming from Karachi turned turtle due to over speeding at Na
Published 20 Aug, 2016 12:00am
AGP may get financial autonomy by December

AGP may get financial autonomy by December

The Auditor General of Pakistan has written to the Prime Minister's Office and the Ministry of Finance for financial and administrative autonomy and it is likely to get the required powers by December 2016. AGP Rana Asad Amin told Business Recorder </i
Published 20 Aug, 2016 12:00am
The Weather

The Weather

The weather report on Friday (August 19, 2016) and the forecast for Saturday (August 20, 2016).

Published 20 Aug, 2016 12:00am
Shanghai copper and aluminium move higher

Shanghai copper and aluminium move higher

The most-traded October aluminium on the Shanghai Futures Exchange closed 0.7 percent higher at 12,685 yuan ($1,909.41) a tonne, after peaking at 12,795 yuan overnight, the highest since May 2015. Shanghai copper rose 0.4 percent to end at 37,390 yuan a t
Published 20 Aug, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (August 19, 2016).

Published 20 Aug, 2016 12:00am
Copper and aluminium retreat on firmer dollar; tin rises

Copper and aluminium retreat on firmer dollar; tin rises

Copper and other industrial metals slumped on Friday in low volumes, pressured by a firmer dollar together with retreating stock and oil markets. Persistent concern about excess copper supply in the second half was also weighing on the market, analysts sa
Published 20 Aug, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (August 19, 2016).

Published 20 Aug, 2016 12:00am
Rubber climbs

Rubber climbs

Benchmark Tokyo rubber futures rose on Friday after hitting a one-week low in the previous session as buoyant crude oil prices boosted risk appetite, but posted their first weekly fall in three. "The market has been really quiet this week with many invest
Published 20 Aug, 2016 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 20 Aug, 2016 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 20 Aug, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (August 19, 2016).

Published 20 Aug, 2016 12:00am
Palm oil sees third weekly gain

Palm oil sees third weekly gain

Malaysian palm oil futures rose on Friday to post their third consecutive weekly gain, boosted by tight supplies and expectations of higher exports. Benchmark palm oil futures for November on the Bursa Malaysia Derivatives Exchange rose 0.1 percent to 2,5
Published 20 Aug, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (August 19, 2016)

Published 20 Aug, 2016 12:00am
Cocoa falls, Arabica coffee turns higher

Cocoa falls, Arabica coffee turns higher

Cocoa futures turned lower on profit-taking after rising to one-month highs on Friday, but still closed the week higher on concerns that adverse crop weather in top grower Ivory Coast could limit an anticipated rebound in 2016-17 production. Arabica coffe
Published 20 Aug, 2016 12:00am
Gold rises in New York

Gold rises in New York

Gold rose on Thursday, buoyed by a weaker dollar after minutes from the US Federal Reserve's July meeting showed policymakers were divided over whether to raise interest rates soon. Members of the Fed's rate-setting Federal Open Market Committee were gene
Published 20 Aug, 2016 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (August 19, 2016).

Published 20 Aug, 2016 12:00am
Gold falls in Asia

Gold falls in Asia

Gold fell on Friday for the first time this week as hawkish comments from US Federal Reserve officials renewed bets on a US rate hike this year, but was still on track to end the week with modest gains. Spot gold was down 0.3 percent at $1,348.31 per ounc
Published 20 Aug, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (August 19, 2016).

Published 20 Aug, 2016 12:00am
Gold down in Europe

Gold down in Europe

Gold fell more than 1 percent on Friday, snapping a week-long streak of gains following conflicting signals from US Federal Reserve officials on the timing of a possible rate hike, but was still on track to end the week higher. Spot gold fell as much as 1
Published 20 Aug, 2016 12:00am
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