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Print - 2016-10-22
Australian, New Zealand shares down

Australian, New Zealand shares down

Australian shares closed lower on Friday, dragged down by healthcare stocks after Healthscope Ltd tumbled over a profit warning, while a stronger dollar weighed on oil prices, pulling down energy shares. The S&P/ASX 200 index closed 0.2 percent lower at 5
Published 22 Oct, 2016 12:00am
E&T to start crackdown against non-customs paid cars: minister

E&T to start crackdown against non-customs paid cars: minister

Provincial Minister for Excise and Taxation Mujtaba Shuja-ur-Rehman has said that the provincial government is going to start a massive crackdown against the non-custom paid cars. He said this while addressing a rally arranged by the TVR car company on Fr
Published 22 Oct, 2016 12:00am
SECP holds seminar for trainees, employees of EY Ford Rhodes

SECP holds seminar for trainees, employees of EY Ford Rhodes

The Securities and Exchange Commission of Pakistan under its initiative of educating potential investors organized a day-long seminar for the trainees and employees of EY Ford Rhodes at Royal Palm Golf and Country Club, Lahore. During the event experience
Published 22 Oct, 2016 12:00am
Jazz announces new On-Net packages

Jazz announces new On-Net packages

In pursuance to our commitment of introducing exciting offers for our valued customers, Jazz announces new On-Net packages following the merger. The new portfolio comprises two prepaid bundles and three postpaid tariff plans - which will treat Jazz-Warid
Published 22 Oct, 2016 12:00am
Packages Limited posts Rs 1,024.398 million as PAT

Packages Limited posts Rs 1,024.398 million as PAT

Packages Limited has posted Rs 1,024.398 million as profit after tax in the quarter ended September 30, 2016 as compared to Rs 874.249 million earned in the corresponding quarter in 2015. The board of directors of the company in its meeting held at Lahore
Published 22 Oct, 2016 12:00am
Packages Limited posts Rs 1,024.398 million as PAT

Packages Limited posts Rs 1,024.398 million as PAT

Packages Limited has posted Rs 1,024.398 million as profit after tax in the quarter ended September 30, 2016 as compared to Rs 874.249 million earned in the corresponding quarter in 2015. The board of directors of the company in its meeting held at Lahore
Published 22 Oct, 2016 12:00am
National Foods PAT up to Rs 317.577 million

National Foods PAT up to Rs 317.577 million

The consolidated profit after tax of National Foods Limited has increased to Rs 317.577 million in the quarter ended September 30, 2016 as compared to Rs 309.748 million earned in the corresponding period last year. The board of directors of the company,
Published 22 Oct, 2016 12:00am
National Foods PAT up to Rs 317.577 million

National Foods PAT up to Rs 317.577 million

The consolidated profit after tax of National Foods Limited has increased to Rs 317.577 million in the quarter ended September 30, 2016 as compared to Rs 309.748 million earned in the corresponding period last year. The board of directors of the company,
Published 22 Oct, 2016 12:00am
Red chilli: PMEX organises ceremony

Red chilli: PMEX organises ceremony

Pakistan Mercantile Exchange (PMEX), the country's only multi-commodity exchange, organized a ceremony at its head office in Karachi, to mark the handing over of subsidy by SEDF. Naheed Memon, Chairperson, Sindh Enterprise Development Fund (SEDF)/Sindh Bo
Published 22 Oct, 2016 12:00am
FPCCI elections: UBG, BMP, PBG speed up campaign

FPCCI elections: UBG, BMP, PBG speed up campaign

United Business Group (UBG), Businessmen Panel (BMP) and Pakistan Business Group (PBG) have expedited their campaigns for annual election for the year 2017 of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) scheduled to be held on Dec
Published 22 Oct, 2016 12:00am
PAT of Allied Bank rises to Rs 12.227 billion

PAT of Allied Bank rises to Rs 12.227 billion

The profit after tax of Allied Bank Limited has increased to Rs 12.227 billion in the nine month period ended September 30, 2016 as compared to Rs 11.861 billion earned in the corresponding period in 2015. The bank's earning per share surged to Rs 10.68 i
Published 22 Oct, 2016 12:00am
PAT of Allied Bank rises to Rs 12.227 billion

PAT of Allied Bank rises to Rs 12.227 billion

The profit after tax of Allied Bank Limited has increased to Rs 12.227 billion in the nine month period ended September 30, 2016 as compared to Rs 11.861 billion earned in the corresponding period in 2015. The bank's earning per share surged to Rs 10.68 i
Published 22 Oct, 2016 12:00am
CM orders vacation of illegally occupied labour apartments

CM orders vacation of illegally occupied labour apartments

Sindh Chief Minister Syed Murad Ali Shah has directed divisional administrations to vacate 1000 labour apartments illegally occupied by mafia. He issued these directives while presiding over a meeting on the issues of Labour Department on Friday, said a s
Published 22 Oct, 2016 12:00am
Heads of HBL, Bank of China discuss cooperation

Heads of HBL, Bank of China discuss cooperation

Habib Bank Limited Chairman Sultan Ali Allana hosted a lunch for the Chairman Bank of China Tian Guoliand and his team at HBL Plaza here. Chairman BOC is visiting Pakistan to discuss and explore the possibilities of setting up a branch of BOC in Karachi.
Published 22 Oct, 2016 12:00am
Arif Habib Limited PAT up to Rs 357.953 million

Arif Habib Limited PAT up to Rs 357.953 million

The profit after tax of Arif Habib Limited has increased to Rs 357.953 million in the quarter ended September 30, 2016 as compared to Rs 132.222 million earned in the corresponding quarter in 2015. The board of directors of the company, in its meeting hel
Published 22 Oct, 2016 12:00am
Arif Habib Limited PAT up to Rs 357.953 million

Arif Habib Limited PAT up to Rs 357.953 million

The profit after tax of Arif Habib Limited has increased to Rs 357.953 million in the quarter ended September 30, 2016 as compared to Rs 132.222 million earned in the corresponding quarter in 2015. The board of directors of the company, in its meeting hel
Published 22 Oct, 2016 12:00am
HMBL posts Rs 1.437 billion as PAT

HMBL posts Rs 1.437 billion as PAT

Habib Metropolitan Bank Limited has posted Rs 1.437 billion as profit after tax in the quarter ended September 30, 2016 as compared to Rs 1.570 billion earned in the corresponding quarter last year. The board of directors of the bank in its meeting held h
Published 22 Oct, 2016 12:00am
HMBL posts Rs 1.437 billion as PAT

HMBL posts Rs 1.437 billion as PAT

Habib Metropolitan Bank Limited has posted Rs 1.437 billion as profit after tax in the quarter ended September 30, 2016 as compared to Rs 1.570 billion earned in the corresponding quarter last year. The board of directors of the bank in its meeting held h
Published 22 Oct, 2016 12:00am
Senate members visit Indus Motor Company

Senate members visit Indus Motor Company

A delegation of Senate Standing Committee on Industries and Production, headed by Senator Hidayatullah visited Indus Motor Company limited on Thursday. Various members of the Senate Standing Committee namely Khalida Parveen, Chaudhary Tanvir Khan, Kalsoom
Published 22 Oct, 2016 12:00am
SM Muneer- led team visits Mauritius BoI

SM Muneer- led team visits Mauritius BoI

Chief Executive (CE) Trade Development Authority of Pakistan (TDAP) SM Muneer along with high powered Pakistani trade delegation visited Mauritius Board of Investment (BoI) on Friday. Welcoming the delegation, Ken Poonoosamy the Managing Director of the B
Published 22 Oct, 2016 12:00am
Meezan Bank's Board approves Shariah-compliant structure

Meezan Bank's Board approves Shariah-compliant structure

Meezan Bank's Shariah Board approves Shariah-compliant structure to cater financing needs of airline industry. The 29th meeting of Shariah Supervisory Board of Meezan Bank was held at Darul Uloom Korangi, Karachi. The meeting was held under the chairmansh
Published 22 Oct, 2016 12:00am
APBF signs MoU with Chinese firm to promote trade

APBF signs MoU with Chinese firm to promote trade

The All Pakistan Business Forum (APBF) has signed a memorandum of understanding (MoU) with Jiaxing Zhimakaimen Economy and Trade Industrial Zone Management Co Ltd China, to promote bilateral trade between Pakistan and China and effectively serve the long-
Published 22 Oct, 2016 12:00am
'Handmade in Pakistan' exhibition begins

'Handmade in Pakistan' exhibition begins

Federal Minister for Industries and Production Ghulam Murtaza Khan Jatoi on Friday inaugurated 'Handmade in Pakistan' exhibition at the Heritage Museum. In this exhibition, handmade products by Pakistani crafts persons from all provinces were put on displ
Published 22 Oct, 2016 12:00am
Legislators call for reforms in Punjab Assembly Rules of Procedure

Legislators call for reforms in Punjab Assembly Rules of Procedure

The Legislative Support Group (LSG) of the Punjab Assembly met on Friday and endorsed Free and Fair Election Network's recommendations for improvement in legislatures' effectiveness. The first meeting of the LSG, attended by 24 members of the Punjab Assem
Published 22 Oct, 2016 12:00am
Stakeholders want FCA to declare wheat sowing cut-off date
Cotton

Stakeholders want FCA to declare wheat sowing cut-off date

Perturbed over the continuous decline in the production of oilseeds for the last four to five years and increase in import bill of edible oil, the stakeholders of oilseed sector have decided to recommend the Federal Committee on Agriculture (FCA) to decla
Published 22 Oct, 2016 12:00am
Hashoo Foundation's project on improving reading habits concludes

Hashoo Foundation's project on improving reading habits concludes

Hashoo Foundation in partnership with the USAID Pakistan Reading Project and the support of the Federal Directorate of Education (FDE) successfully concluded the project "Improving Reading Habits of Grade 1 and 2 students through Parental Engagement".
Published 22 Oct, 2016 12:00am
False propaganda being fanned against CPEC: GB CM

False propaganda being fanned against CPEC: GB CM

Chief Minister Gilgit Baltistan Hafiz Hafeez-ur-Rehman has said that false propaganda is being fanned against the China Pakistan Economic Corridor. He said the construction of Karakoram Highway has opened new avenues of progress for the people of Gilgit B
Published 22 Oct, 2016 12:00am
TEVTA, GCCI to offer courses to unemployed youth

TEVTA, GCCI to offer courses to unemployed youth

The Technical Education and Vocational Training Authority (TEVTA) with the collaboration of Gujrat Chamber of Commerce and Industry will introduce demand-driven employable trades in Gujrat city. New courses will be offered in the field of furniture, ceram
Published 22 Oct, 2016 12:00am
PPDWP approves three schemes

PPDWP approves three schemes

The Punjab Provincial Development Working Party has approved three development schemes of various sectors with an estimated cost of Rs 81283.605 million. The schemes were approved in the 23rd meeting of Provincial Development Working Party (PDWP) of curre
Published 22 Oct, 2016 12:00am
GB heaps praise on Shahbaz, PITB flagship projects

GB heaps praise on Shahbaz, PITB flagship projects

Gilgit Baltistan (GB) government will replicate e-vaccination, Punjab's Safe City and police projects to eradicate polio, terrorism and crime. The Chief Minister Gilgit Baltistan Hafiz Hafeez-ur-Rehman said this during his visit to the Punjab IT Board (PI
Published 22 Oct, 2016 12:00am
LCCI, DHA body seek amnesty for investors of real estate

LCCI, DHA body seek amnesty for investors of real estate

The Lahore Chamber of Commerce & Industry (LCCI) and DHA Estate Agents Association Friday demanded that like stock exchange, investors engaged in real estate business should be given amnesty so that buyers of property could easily show the sources. The de
Published 22 Oct, 2016 12:00am
115 wanted criminals arrested in Mardan

115 wanted criminals arrested in Mardan

Police on Friday claimed that they have arrested 115 wanted criminals and recovered huge cache of arms and ammunition from their oppression during ongoing strike and search operations against anti-social elements in various areas of district Mardan.
Published 22 Oct, 2016 12:00am
Pakistan has considerably changed: Baligh

Pakistan has considerably changed: Baligh

The State Minister for Federal Education and Professional Training Balighur Rehman on Friday said that Pakistan has considerably changed from being labelled as a terrorist nation to a flourishing economy during the last three and a half years.
Published 22 Oct, 2016 12:00am
29 industrialists get allotment letters to set up units in SEZ Hattar

29 industrialists get allotment letters to set up units in SEZ Hattar

Khyber Pakhtunkhwa Economic Zones Development & Management Company (KPEZDMC) Friday handed over plot allotment letters to 29 industrialists for establishment of factories in Hattar Special Economic Zone, at district Haripur. The possession of plots was gi
Published 22 Oct, 2016 12:00am
FBR relieves three chief commissioners

FBR relieves three chief commissioners

The Federal Board of Revenue (FBR) on Friday relieved three chief commissioners - BS-21 officials of Inland Revenue Service (IRS) - from their duties, after they could not join their new place of postings despite notifications by the board. According to a
Published 22 Oct, 2016 12:00am
Gondal visits EPZA head office

Gondal visits EPZA head office

Federal Secretary for Industries and Production, Khizar Hayat Gondal visited Export Processing Zones Authority, Head Office, Karachi, where he was briefed by Chairman EPZA, Mumtaz Ali Shah about the working and function of the Authority. The Federal Secre
Published 22 Oct, 2016 12:00am
Dar to inaugurate FPCCI Islamabad building today

Dar to inaugurate FPCCI Islamabad building today

Federal Finance Minister Senator Ishaq Dar will inaugurate Federation of Pakistan Chambers of Commerce and industry (FPCCI) Islamabad building on Saturday (today). The construction of the FPCCI Capital office began in 2008 with an estimated cost of Rs 400
Published 22 Oct, 2016 12:00am
Maleeha briefs new UN chief on situation in SA, Afghanistan

Maleeha briefs new UN chief on situation in SA, Afghanistan

Pakistan's Ambassador to the United Nations, Maleeha Lodhi briefed UN Secretary General-designate Antonio Guterres on the situation in South Asia and Afghanistan when she called on him on Wednesday, according to the sources. In her first meeting with Gute
Published 22 Oct, 2016 12:00am
Senate panel discusses provision of 3G, 4G services to FATA

Senate panel discusses provision of 3G, 4G services to FATA

A meeting of the sub-committee of Senate Standing Committee on Information Technology held here Friday with Senator Taj Muhammad Afridi in the chair discussed the provision of 3G and 4G service to FATA and remote areas of Balochistan. The meeting among ot
Published 22 Oct, 2016 12:00am
KP PA passes bill on constitution of commission on status of women

KP PA passes bill on constitution of commission on status of women

Khyber Pakhtunkhwa Assembly Friday passed 'KP Commission on the Status of Women Bill 2016' with an aim to improve performance and efficiency of the commission in promoting rights of women and eliminating discrimination against them. The house during the p
Published 22 Oct, 2016 12:00am
Outdoor school offers hope for Islamabad's poor

Outdoor school offers hope for Islamabad's poor

In the corner of a pristine park in an upmarket district of Islamabad, an open-air classroom run by an aging rescue-worker offers a beacon of hope to the city's poorest. For the past 30 years, "Master" Muhammad Ayub, whose day job includes defusing bombs
Published 22 Oct, 2016 12:00am
US, Turkey pledge to work closely to deal IS 'lasting defeat'

US, Turkey pledge to work closely to deal IS 'lasting defeat'

US Defence Secretary Ashton Carter vowed during a visit to Ankara on Friday to ramp up joint efforts with Turkey to deal Islamic State jihadists a "lasting defeat", the Pentagon said. Carter met President Recep Tayyip Erdogan and Prime Minister Binali Yil
Published 22 Oct, 2016 12:00am
European craft crashed on Mars, possibly exploded: ESA

European craft crashed on Mars, possibly exploded: ESA

A tiny lander despatched to Mars on a trial run had crashed and possibly exploded on the Red Planet, mission control said Friday, confirming Europe's second failed attempt to reach the alien surface. The paddling pool-sized Schiaparelli craft "crashed on
Published 22 Oct, 2016 12:00am
Zimbabwe pays IMF arrears, first step to restoring lending
Currency

Zimbabwe pays IMF arrears, first step to restoring lending

Zimbabwe has paid off 15 years of arrears with the International Monetary Fund, taking the first key step towards its restoring access to international loans. The country paid off about $108 million due to the IMF, and "is now current on all its financial
Published 22 Oct, 2016 12:00am
Duterte says will not sever US ties

Duterte says will not sever US ties

Philippine President Rodrigo Duterte said Saturday he would not sever his nation's alliance with the United States, as he clarified his announcement that he planned to "separate". "It's not severance of ties. Severance is to cut diplomatic relations. I ca
Published 22 Oct, 2016 12:00am
South Africa's withdrawal rocks International Criminal Court

South Africa's withdrawal rocks International Criminal Court

South Africa announced Friday that it would withdraw from the International Criminal Court, dealing a major blow to a troubled institution set up to try the world's worst crimes. The decision followed a dispute last year when Sudanese President Omar al-Ba
Published 22 Oct, 2016 12:00am
Typhoon Haima batters Hong Kong as city in lockdown

Typhoon Haima batters Hong Kong as city in lockdown

The usually frenetic streets of Hong Kong were deserted Friday as the city was battered by Typhoon Haima after the storm left a trail of deaths and damage in the Philippines. More than 700 flights in and out of Hong Kong were cancelled or delayed, roads w
Published 22 Oct, 2016 12:00am
Thousands march in Gaza in support of Islamic Jihad

Thousands march in Gaza in support of Islamic Jihad

The Islamic Jihad Islamist movement staged a public show of force in the Gaza Strip on Friday, with its leader praising Iran and criticising Arab states. Thousands of supporters, including fighters from the party's Al-Quds Brigades military wing, took par
Published 22 Oct, 2016 12:00am
US documentary filmmakers face prison for filming protest

US documentary filmmakers face prison for filming protest

Prosecutors in the US states of North Dakota and Washington should drop all charges against three independent documentary filmmakers arrested while filming environmental activists interfering with oil pipelines, the Committee to Protect Journalists said o
Published 22 Oct, 2016 12:00am
Air raid near Iraq's Kirkuk kills 15 women

Air raid near Iraq's Kirkuk kills 15 women

An air strike killed 15 women on Friday at a shrine near the city of Kirkuk in northern Iraq, local officials and medics said. "Fifteen women were killed and another 50 wounded in a raid that targeted a Shiite place of worship at Dakuk," local council chi
Published 22 Oct, 2016 12:00am
Five dead as storm pounds hurricane-stricken Haiti

Five dead as storm pounds hurricane-stricken Haiti

Five people were killed and one person was missing as torrential rains sparked flooding in Haiti, as the country still reels from devastating Hurricane Matthew, the Civil Protection Agency said Friday. The victims were in Haiti's north-western Nord-Ouest
Published 22 Oct, 2016 12:00am
University of Central Asia opens its first campus in Kyrgyz Republic

University of Central Asia opens its first campus in Kyrgyz Republic

The University of Central Asia (UCA), created to be a catalyst for social and economic development in the region's mountain societies, on Wednesday officially opened its first campus in Naryn, Kyrgyz Republic. The new buildings on the Naryn Campus represe
Published 22 Oct, 2016 12:00am
Truce extended in Aleppo but UN delays evacuations

Truce extended in Aleppo but UN delays evacuations

The UN said Friday security concerns had forced it to delay planned evacuations from Syria's Aleppo, as Russia extended a truce that was largely holding for a second day. Moscow said it was extending the unilateral "humanitarian pause" in the Syrian gover
Published 22 Oct, 2016 12:00am
Up to 25 feared dead in raid on migrant boat

Up to 25 feared dead in raid on migrant boat

Up to 25 people were missing, feared drowned, Friday after men on a Libyan coastguard speedboat attacked a packed migrant dinghy during a rescue operation off the north African state. German NGO Sea-Watch, which is taking part in the multinational search
Published 22 Oct, 2016 12:00am
Fit-again Younis leads Pakistan charge

Fit-again Younis leads Pakistan charge

Younis Khan showed no ill effects from dengue fever to score a brilliant century as Pakistan dominated the opening day of the second Test against the West Indies in Abu Dhabi on Friday. The 38-year-old, who missed the 56-run victory in the first Test in D
Published 22 Oct, 2016 12:00am
Tamim leads Bangladesh fightback

Tamim leads Bangladesh fightback

Tamim Iqbal scored a half-century as Bangladesh made a solid start Friday in response to England's first innings in an evenly-poised opening Test before skipper Mushfiqur Rahim was bowled just before the close. England paceman Ben Stokes dismissed Rahim f
Published 22 Oct, 2016 12:00am
India agrees to trial DRS for England Tests

India agrees to trial DRS for England Tests

India ended its long-standing opposition Friday to cricket's Decision Review System (DRS), announcing it would be included on a trial basis in next month's Test series against England. The Indian cricket board's president Anurag Thakur said that its major
Published 22 Oct, 2016 12:00am
PCB 'Talent Hunt Programme' for bowlers from October 26

PCB 'Talent Hunt Programme' for bowlers from October 26

The National Cricket Academy (NCA) under the supervision of veteran cricketers including Mudassar Nazar, Mushtaq Ahmed, Ijaz Ahmed and Ali Zia, is conducting a 'Talent Hunt Programme' for the fast bowlers and spinners aged between 17 to 21 in the remote a
Published 22 Oct, 2016 12:00am
European leagues open hostilities over Champions League changes

European leagues open hostilities over Champions League changes

European football leagues on Friday suspended an accord with UEFA in protest at reforms to the Champions League which gives greater power to major clubs. By freezing their UEFA deal, the 25 European Professional Football Leagues (EPFL) members could organ
Published 22 Oct, 2016 12:00am
Pogba purrs as Man United trounce Fenerbahce

Pogba purrs as Man United trounce Fenerbahce

Paul Pogba struck twice as Manchester United invigorated their Europa League campaign with a classy 4-1 home victory over Turkish giants Fenerbahce on Thursday. France midfielder Pogba scored a penalty and curled in from distance to take his tally to thre
Published 22 Oct, 2016 12:00am
Aussie nurses losses, kiwi ticks lower

Aussie nurses losses, kiwi ticks lower

The Australian dollar took a breather on Friday after its worst performance in five weeks following a poor employment report that fuelled the risk of further rate cuts. The Australian dollar was sitting at $0.7630, having slid 1.3 percent on Thursday, the
Published 22 Oct, 2016 12:00am
Sterling slips back below $1.22 to four-day low
Currency

Sterling slips back below $1.22 to four-day low

Sterling slipped to a four-day low under $1.22 on Friday, hurt by expectations that Britain's economy is likely to suffer from a hard-line stance by the European Union in negotiations on the country's exit from the bloc. British Prime Minister Theresa May
Published 22 Oct, 2016 12:00am
Sri Lankan rupee ends weaker
Currency

Sri Lankan rupee ends weaker

The Sri Lankan rupee ended weaker on Friday, as dollar demand from importers surpassed conversions of the US currency by exporters, dealers said. Rupee forwards were active, with the spot-next ending at 147.60/70 per dollar, weaker than its previous close
Published 22 Oct, 2016 12:00am
Post-ECB dollar strength hurts Asia FX
Currency

Post-ECB dollar strength hurts Asia FX

Emerging Asian currencies slid on Friday as the dollar hit a seven-month peak on the euro's weakness after the European Central Bank dampened speculation about plans to reduce stimulus, while lower oil prices soured risk sentiment. Regional currencies cam
Published 22 Oct, 2016 12:00am
Euro drops to four-month lows in New York

Euro drops to four-month lows in New York

The euro fell to a four-month low against the US dollar on Thursday and the US dollar index rose to a seven-month high after the European Central Bank kept the door open to more stimulus in December. ECB President Mario Draghi left a wide range of options
Published 22 Oct, 2016 12:00am
Early trade in New York: Dollar jumps to more than eight-month high

Early trade in New York: Dollar jumps to more than eight-month high

The dollar rose to its highest level since early February against a basket of currencies on Friday, boosted by higher expectations of a Federal Reserve interest rate hike this year and a weakening euro. Hawkish comments from Fed officials including New Yo
Published 22 Oct, 2016 12:00am
Dollar heads for third weekly gain in Europe
Currency

Dollar heads for third weekly gain in Europe

The dollar was on course for its third consecutive week of gains against the basket of currencies used to measure its broader strength on Friday, driven to an eight month high by hardening expectations of a rise in interest rates in December. In a year wh
Published 22 Oct, 2016 12:00am
Dollar stands tall in Asia

Dollar stands tall in Asia

The dollar stood tall in Asian trading on Friday, on track for a weekly gain against a basket of currencies, as the euro wallowed at seven-month lows after the European Central Bank doused speculation that it would taper its stimulus. The dollar index, wh
Published 22 Oct, 2016 12:00am
Yuan crosses 6.76 level, weakest for six years
Currency

Yuan crosses 6.76 level, weakest for six years

China's yuan dipped to a fresh six-year low against the dollar on Friday, crossing the 6.76 level before paring losses as strong dollar purchases by companies continued to pile pressure on the Chinese currency, traders said. With the dollar climbing to se
Published 22 Oct, 2016 12:00am
FTSE steadies near one-week high; BAT slips

FTSE steadies near one-week high; BAT slips

Britain's top share index steadied at the close on Friday after hitting a one-week high, with stronger miners following a rally in metals prices offsetting weaker companies such as British American Tobacco. British American Tobacco showed choppy moves, wi
Published 22 Oct, 2016 12:00am
Southeast Asian markets: Philippines, Singapore extend falls

Southeast Asian markets: Philippines, Singapore extend falls

The Philippine index ended lower on Friday as concerns about the Duterte government's foreign alliances spooked sentiment while shares in Singapore fell for a second session. The index extended declines from Thursday to end 0.8 percent lower as President
Published 22 Oct, 2016 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 21, 2016).
Published 22 Oct, 2016 12:00am
The Scurfy Chiku (Sapodilla)

The Scurfy Chiku (Sapodilla)

Chiku is the most delicious fruit of an American tropical ever-green and long-lived tree Sapota Arachis L. It is also popularly called as Sapota, Sapodilla and Zapota. It is a member of family Sapotaceae and fruits abundantly. It is native to the eastern
Published 22 Oct, 2016 12:00am
Dylan at 75: not knocking on heaven's door just yet

Dylan at 75: not knocking on heaven's door just yet

In the fifth row of a packed concert venue in Las Vegas, a plump Hispanic couple slumbers peacefully as Bob Dylan bangs out a tune from his 35th studio album. The poet laureate of rock 'n' roll has been going only for 70-odd minutes but - like many Dylan
Published 22 Oct, 2016 12:00am
Steve McQueen: bringing art to the silver screen

Steve McQueen: bringing art to the silver screen

Director Steve McQueen, whose poetic visual style helped secure a best picture Oscar for "12 Years a Slave", brings a sensibility to his films even when tackling harrowing subjects. The 46-year-old receives the British Film Institute's Fellowship award la
Published 22 Oct, 2016 12:00am
The life and death of the American erotic thriller

The life and death of the American erotic thriller

Three decades ago "Fatal Attraction" heralded the age of the erotic thriller - crime potboilers featuring leading men swapping suggestive dialogue and bodily fluids with bewitching but murderous femme fatales. Movies like "Basic Instinct" and "Sliver" enj
Published 22 Oct, 2016 12:00am
BRIDGE NOTES: A far sighted defense indeed!

BRIDGE NOTES: A far sighted defense indeed!

Defense in Bridge is a tricky business. There is so much to it that one keeps wondering how. Experts manage to come unscathed in their defense. One of the earliest lesson in defense that one can give to a beginner would be to stick to your potential winne
Published 22 Oct, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 22 Oct, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 22 Oct, 2016 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 22 Oct, 2016 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 22 Oct, 2016 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (October 21, 2016).

Published 22 Oct, 2016 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (October 21, 2016).

Published 22 Oct, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 21, 2016).

Published 22 Oct, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 21, 2016).

Published 22 Oct, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 21, 2016).

Published 22 Oct, 2016 12:00am