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Print - 2016-10-26
Turkey tells US to extradite coup suspect or hurt ties

Turkey tells US to extradite coup suspect or hurt ties

Turkish Justice Minister Bekir Bozdag on Tuesday urged Washington to extradite the alleged July coup mastermind Fethullah Gulen to avoid damaging bilateral ties, comparing him to slain al Qaeda chief Osama Bin Laden. Turkey wants the US-based preacher to
Published 26 Oct, 2016 12:00am
Corruption challenge: IMF chief for transparency, accountability

Corruption challenge: IMF chief for transparency, accountability

Corruption, whether real or perceived, Panama or Bahamas, harms the economy and foreign direct investment while honesty, transparency and accountability is the best way to address the issue, stated Christine Lagarde Managing Director of the International
Published 26 Oct, 2016 12:00am
Corruption challenge: IMF chief for transparency, accountability

Corruption challenge: IMF chief for transparency, accountability

Corruption, whether real or perceived, Panama or Bahamas, harms the economy and foreign direct investment while honesty, transparency and accountability is the best way to address the issue, stated Christine Lagarde Managing Director of the International
Published 26 Oct, 2016 12:00am
Corruption challenge: IMF chief for transparency, accountability

Corruption challenge: IMF chief for transparency, accountability

Corruption, whether real or perceived, Panama or Bahamas, harms the economy and foreign direct investment while honesty, transparency and accountability is the best way to address the issue, stated Christine Lagarde Managing Director of the International
Published 26 Oct, 2016 12:00am
UK backs Heathrow airport expansion despite splits

UK backs Heathrow airport expansion despite splits

The British government approved a new third runway at London's Heathrow airport on Tuesday, a long-awaited decision that has stoked divisions and follows decades of debate. The move was hailed by Transport Secretary Chris Grayling as a "momentous step" bu
Published 26 Oct, 2016 12:00am
UK backs Heathrow airport expansion despite splits

UK backs Heathrow airport expansion despite splits

The British government approved a new third runway at London's Heathrow airport on Tuesday, a long-awaited decision that has stoked divisions and follows decades of debate. The move was hailed by Transport Secretary Chris Grayling as a "momentous step" bu
Published 26 Oct, 2016 12:00am
UK backs Heathrow airport expansion despite splits

UK backs Heathrow airport expansion despite splits

The British government approved a new third runway at London''s Heathrow airport on Tuesday, a long-awaited decision that has stoked divisions and follows decades of debate. The move was hailed by Transport Secretary Chris Grayling as a "momentous step" b
Published 26 Oct, 2016 12:00am
Prime Minister, ADB chief discuss development priorities, partnership

Prime Minister, ADB chief discuss development priorities, partnership

Asian Development Bank (ADB) President Takehiko Nakao on Tuesday met with Pakistan Prime Minister Nawaz Sharif to discuss the government's development priorities and ADB's partnership with Pakistan. Nakao conveyed his deepest condolences to the people of
Published 26 Oct, 2016 12:00am
Quetta bleeds profusely

Quetta bleeds profusely

Militants wearing suicide vests stormed a police academy in Quetta overnight, killing 61 people, mostly police cadets and recruits, and waging a ferocious gun battle with troops that lasted into early hours Tuesday. The four-hour siege - one of the deadli
Published 26 Oct, 2016 12:00am
Quetta bleeds profusely

Quetta bleeds profusely

Militants wearing suicide vests stormed a police academy in Quetta overnight, killing 61 people, mostly police cadets and recruits, and waging a ferocious gun battle with troops that lasted into early hours Tuesday. The four-hour siege - one of the deadli
Published 26 Oct, 2016 12:00am
Imran says won't call off November 2 protest

Imran says won't call off November 2 protest

The political and military leadership including Prime Minister Nawaz Sharif accompanied by the National Security Advisor Janjua and Interior Minister Chaudhary Nisar Ali, Army Chief General Raheel Sharif, Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan
Published 26 Oct, 2016 12:00am
Imran says won't call off November 2 protest

Imran says won't call off November 2 protest

The political and military leadership including Prime Minister Nawaz Sharif accompanied by the National Security Advisor Janjua and Interior Minister Chaudhary Nisar Ali, Army Chief General Raheel Sharif, Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan
Published 26 Oct, 2016 12:00am
Prime Minister chairs meeting at Governor's House

Prime Minister chairs meeting at Governor's House

Prime Minister Nawaz Sharif on Tuesday chaired a meeting at the Governor's House here to discuss the situation following a terrorist attack on a police training centre. The meeting was attended by Balochistan's Governor Muhammad Khan Achakzai, Chief Minis
Published 26 Oct, 2016 12:00am
Prime Minister chairs meeting at Governor's House

Prime Minister chairs meeting at Governor's House

Prime Minister Nawaz Sharif on Tuesday chaired a meeting at the Governor's House here to discuss the situation following a terrorist attack on a police training centre. The meeting was attended by Balochistan's Governor Muhammad Khan Achakzai, Chief Minis
Published 26 Oct, 2016 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 26 Oct, 2016 12:00am
Board Meetings
Cotton

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 Oct, 2016 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 26 Oct, 2016 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 Oct, 2016 12:00am
Bearish trend persists

Bearish trend persists

A bearish trend persisted on Pakistan Stock Exchange Tuesday due to increasing political uncertainty and security concerns. The benchmark KSE-100 index lost another 87.27 points to close at 40,764.76 points. Due to selling pressure, daily trading volumes
Published 26 Oct, 2016 12:00am
Bearish trend persists

Bearish trend persists

A bearish trend persisted on Pakistan Stock Exchange Tuesday due to increasing political uncertainty and security concerns. The benchmark KSE-100 index lost another 87.27 points to close at 40,764.76 points. Due to selling pressure, daily trading volumes
Published 26 Oct, 2016 12:00am
Bearish trend persists

Bearish trend persists

A bearish trend persisted on Pakistan Stock Exchange Tuesday due to increasing political uncertainty and security concerns. The benchmark KSE-100 index lost another 87.27 points to close at 40,764.76 points. Due to selling pressure, daily trading volumes
Published 26 Oct, 2016 12:00am
BRIndex30 sheds 54.28 points

BRIndex30 sheds 54.28 points

On Tuesday, BRIndex30 opened at 23,302.95 points and remained negative throughout the trading session. It touched an intraday high of 23,302.95 points and an intraday low of 22,933.72 points and closed at 23,248.67 points which was -54.28 points or -0.23
Published 26 Oct, 2016 12:00am
BRIndex30 sheds 54.28 points

BRIndex30 sheds 54.28 points

On Tuesday, BRIndex30 opened at 23,302.95 points and remained negative throughout the trading session. It touched an intraday high of 23,302.95 points and an intraday low of 22,933.72 points and closed at 23,248.67 points which was -54.28 points or -0.23
Published 26 Oct, 2016 12:00am
Martyred Captain, injured Naib Subedar: CoAS announces gallantry awards

Martyred Captain, injured Naib Subedar: CoAS announces gallantry awards

Chief of Army Staff (CoAS) General Raheel Sharif on Tuesday announced gallantry awards for martyred Captain and injured Naib Subedar who fought against terrorists at police training centre in Quetta. According to Inter-Services Public Relations (ISPR), Co
Published 26 Oct, 2016 12:00am
Martyred Captain, injured Naib Subedar: CoAS announces gallantry awards

Martyred Captain, injured Naib Subedar: CoAS announces gallantry awards

Chief of Army Staff (CoAS) General Raheel Sharif on Tuesday announced gallantry awards for martyred Captain and injured Naib Subedar who fought against terrorists at police training centre in Quetta. According to Inter-Services Public Relations (ISPR), Co
Published 26 Oct, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (October 25, 2016).

Published 26 Oct, 2016 12:00am
Islamic State claims attack

Islamic State claims attack

Militant group Islamic State said on Tuesday that fighters loyal to its movement attacked a police training college in Quetta in a raid that officials said killed 59 people and wounded more than 100. Pakistani authorities have blamed another militant grou
Published 26 Oct, 2016 12:00am
Islamic State claims attack

Islamic State claims attack

Militant group Islamic State said on Tuesday that fighters loyal to its movement attacked a police training college in Quetta in a raid that officials said killed 59 people and wounded more than 100. Pakistani authorities have blamed another militant grou
Published 26 Oct, 2016 12:00am
US, Iranian chief diplomats win prize for Iran nuclear deal

US, Iranian chief diplomats win prize for Iran nuclear deal

US Secretary of State John Kerry and Iranian Foreign Minister Mohammad Javad Zarif have won an international diplomatic prize for their part in a historic agreement on Iran's nuclear program, organisers announced Monday. The two officials, who negotiated
Published 26 Oct, 2016 12:00am
US, Iranian chief diplomats win prize for Iran nuclear deal

US, Iranian chief diplomats win prize for Iran nuclear deal

US Secretary of State John Kerry and Iranian Foreign Minister Mohammad Javad Zarif have won an international diplomatic prize for their part in a historic agreement on Iran's nuclear program, organisers announced Monday. The two officials, who negotiated
Published 26 Oct, 2016 12:00am
US judge approves massive Volkswagen emissions settlement

US judge approves massive Volkswagen emissions settlement

A US judge on Tuesday granted final approval for a $14.7 billion class action settlement in Volkswagen's diesel emissions cheating scandal, the largest such automaker settlement in history. The buyback deal at the same time also resolved some claims broug
Published 26 Oct, 2016 12:00am
THE RUPEE: dollar gains
Currency

THE RUPEE: dollar gains

The dollar posted fresh gains against the rupee on the money market on Tuesday, dealers said. The rupee was almost unchanged versus the dollar for buying and selling at Rs 104.83 and Rs 104.85 respectively, they said. In the second Asian trade, the dollar
Published 26 Oct, 2016 12:00am
Ogra may recommend hike in POL products' prices

Ogra may recommend hike in POL products' prices

Oil and Gas Regulatory Authority (Ogra) is likely to recommend a rise in the prices of petroleum products by Rs 3 to Rs 5 per litre effective November 1, 2016 however the prevailing political situation may deter the government from approving the raise. Re
Published 26 Oct, 2016 12:00am
THE RUPEE: dollar gains
Currency

THE RUPEE: dollar gains

The dollar posted fresh gains against the rupee on the money market on Tuesday, dealers said. The rupee was almost unchanged versus the dollar for buying and selling at Rs 104.83 and Rs 104.85 respectively, they said. In the second Asian trade, the dollar
Published 26 Oct, 2016 12:00am
Ogra may recommend hike in POL products' prices

Ogra may recommend hike in POL products' prices

Oil and Gas Regulatory Authority (Ogra) is likely to recommend a rise in the prices of petroleum products by Rs 3 to Rs 5 per litre effective November 1, 2016 however the prevailing political situation may deter the government from approving the raise. Re
Published 26 Oct, 2016 12:00am
Ogra may recommend hike in POL products' prices

Ogra may recommend hike in POL products' prices

Oil and Gas Regulatory Authority (Ogra) is likely to recommend a rise in the prices of petroleum products by Rs 3 to Rs 5 per litre effective November 1, 2016 however the prevailing political situation may deter the government from approving the raise. Re
Published 26 Oct, 2016 12:00am
ADB chief, Dar discuss matters of mutual interest

ADB chief, Dar discuss matters of mutual interest

Takehiko Nakao, President of the Asian Development Bank called on the Federal Minister for Finance, Ishaq Dar here on Tuesday morning for official talks. The Finance Minister welcomed the guest and felicitated him on his nomination for a second term as th
Published 26 Oct, 2016 12:00am
Oil down; US crude settles below $50 on stockpile concerns

Oil down; US crude settles below $50 on stockpile concerns

Oil prices fell more than 1 percent on Tuesday, with US crude settling below $50 per barrel for the first time in a week ahead of data likely to show a build in domestic inventories. Producers' verbal jockeying about the Organisation of the Petroleum Expo
Published 26 Oct, 2016 12:00am
Cotton near two-week low
Cotton

Cotton near two-week low

ICE cotton futures fell for a sixth straight session on Tuesday, touching their lowest level in about two weeks, as harvest-friendly weather in US producing regions weighed down prices. "Harvest weather is perfect ... conditions are ideal in Texas," said
Published 26 Oct, 2016 12:00am
LTBA to help FBR achieve targets

LTBA to help FBR achieve targets

President Lahore Tax Bar Association Farhan Shehzad has assured the Federal Board of Revenue of cooperation in achieving the revenue targets. This assurance was extended to Member Inland Revenue Operations Dr Muhammad Irshad in a meeting on Tuesday at the
Published 26 Oct, 2016 12:00am
SHC questions maintainability of Sharjeel's application

SHC questions maintainability of Sharjeel's application

The Sindh High Court (SHC) on Tuesday questioned the maintainability of an application of former provincial minister Sharjeel Inam Memon, seeking the court's direction to restrain the National Accountability Bureau (NAB) from arresting him on his arrival
Published 26 Oct, 2016 12:00am
LHC full bench to take up petition against 'promotions'

LHC full bench to take up petition against 'promotions'

The Lahore High Court chief justice has constituted a full bench to take up the petition against out-of-turn promotions in the high court establishment. The bench headed by Chief Justice Syed Mansoor Ali Shah will start hearing from October 28. A suspende
Published 26 Oct, 2016 12:00am
World community condemns Quetta carnage

World community condemns Quetta carnage

World community on Tuesday strongly condemned the terrorist attack on police training center in Quetta and reiterated to work closely with Pakistan against the menace of terrorism. According to message issued by the Press and Information Office of the Rus
Published 26 Oct, 2016 12:00am
'Military takeover': Nawaz, Imran to be held responsible: Khursheed

'Military takeover': Nawaz, Imran to be held responsible: Khursheed

Leader of the Opposition in the National Assembly Syed Khursheed Ahmed Shah stated that he would hold Prime Minister Nawaz Sharif and Pakistan Tehrik-e-Insaf (PTI) Chairman Imran Khan responsible in the event of a military takeover. Talking to media outsi
Published 26 Oct, 2016 12:00am
Thieves can't carry out accountability of thieves: JI

Thieves can't carry out accountability of thieves: JI

Jamaat-e-Islami Chief Senator Sirajul Haq on Tuesday said that plunderers in the government and the so-called opposition did not want to return the looted money. Addressing members of Lahore High Court Bar Association (LHCBA), Siraj said: "Thieves cannot
Published 26 Oct, 2016 12:00am
Appointments in IHC: review petition filed in Supreme Court

Appointments in IHC: review petition filed in Supreme Court

A review petition was filed in Supreme Court on Tuesday against its decision in response to illegal appointments in Islamabad High Court (IHC). Announcing its verdict in the matter, the Supreme Court had issued directives to the IHC to de-notify all the a
Published 26 Oct, 2016 12:00am
France condemns Quetta tragedy

France condemns Quetta tragedy

Spokesper-son of the French Ministry of Foreign Affairs and International Development also condemned the attack, saying "France condemns the attack of last night in Quetta (Balochistan) against the Police Training Centre, the provisional toll reported six
Published 26 Oct, 2016 12:00am
Quetta carnage: parties underscore need for boycotting Amritsar moot

Quetta carnage: parties underscore need for boycotting Amritsar moot

A day after Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz confirmed Pakistan's participation in next month's Heart of Asia and Istanbul Process ministerial meeting in Amritsar, India, a marked division between parliamentary parties on the c
Published 26 Oct, 2016 12:00am
Quetta police centre: Japan shocked by terrorist attack

Quetta police centre: Japan shocked by terrorist attack

Japan is shocked and saddened by the terrorist attacks which caused numerous deaths and injuries at Police College in Quetta. It was stated by the Ministry of Foreign Affairs of Japan, in a statement issued on Tuesday. Japan prays for the victims and expr
Published 26 Oct, 2016 12:00am
26.01 million tones: wheat production target for Rabi season set

26.01 million tones: wheat production target for Rabi season set

Despite accepting 16 percent water shortage, the government Tuesday set wheat production target at 26.01 million tonnes for Rabi sowing season 2016-17 from an area of 9.12 million hectares. Sikandar Hayat Bosan, Minister for National Food Security and Res
Published 26 Oct, 2016 12:00am
Daniel Pearl World Music Days celebrated

Daniel Pearl World Music Days celebrated

A festive crowd of more than 600 music lovers celebrated Daniel Pearl World Music Days with musical performances at the former US Consul General's residence in Karachi last evening. Features were two of Sindh's own, sounds of Kolachi, led by the talented
Published 26 Oct, 2016 12:00am
HCCI SVP condoles death of Qamaruz Zaman

HCCI SVP condoles death of Qamaruz Zaman

Senior Vice President (SVP) Hyderabad Chamber of Commerce and Industry (HCCI) Turab Ali Khoja has expressed his deep grief and shock on the sad demise of veteran politician Syed Qamaruz Zaman Shah. In a condolence message to MNA Syed Naveed Qamar, he said
Published 26 Oct, 2016 12:00am
Dasu Dam project: SC upholds LHC decision

Dasu Dam project: SC upholds LHC decision

The Supreme Court on Tuesday upheld Lahore High Court (LHC) decision and turned down a plea by M/s Power Construction Corporation of China, seeking to consider its name in bidding process in award of Dasu Dam main civil works (MW-01 and MW-02) of Stage-1
Published 26 Oct, 2016 12:00am
KE team conducts anti-theft raids

KE team conducts anti-theft raids

Continuing efforts to curb electricity theft and reduce losses, K-Electric's team conducted anti-theft raids in Korangi where illegal connections being used by commercial customers were removed. KE disconnected over 160 connections which also included con
Published 26 Oct, 2016 12:00am
Panasonic opens first-ever SE digital showroom in Karachi

Panasonic opens first-ever SE digital showroom in Karachi

Director Panasonic Middle East Nakano Yasushi on Tuesday said that Pakistan had huge strategic market for Panasonic products. Talking to media persons at the opening ceremony of first-ever 'SE Digital Showroom' setup in the city's Sharafabad area he said
Published 26 Oct, 2016 12:00am
CPEC: CPNE delegates exchange views with Chinese ambassador

CPEC: CPNE delegates exchange views with Chinese ambassador

The senior editors belonging to Council of Pakistan Newspapers Editors called on Chinese ambassador Sun Weidong at Chinese embassy. They exchanged views with the ambassador on China-Pakistan Economic Corridor (CPEC), bilateral relations between the two ne
Published 26 Oct, 2016 12:00am
Chandio condemns Quetta attack

Chandio condemns Quetta attack

Advisor to the Chief Minister Sindh on Information Moula Bux Chandio condemned the suicidal attack on Police Training Centre, Quetta in which about 61 under training recruits martyred and about 200 injured. He said the Sindh Government strongly condemns t
Published 26 Oct, 2016 12:00am