AIRLINK 166.94 Decreased By ▼ -1.57 (-0.93%)
BOP 9.71 Decreased By ▼ -0.08 (-0.82%)
CNERGY 7.82 Decreased By ▼ -0.17 (-2.13%)
CPHL 88.87 Increased By ▲ 0.90 (1.02%)
FCCL 44.58 Increased By ▲ 0.65 (1.48%)
FFL 15.41 Decreased By ▼ -0.11 (-0.71%)
FLYNG 28.62 Increased By ▲ 0.68 (2.43%)
HUBC 139.39 Increased By ▲ 1.42 (1.03%)
HUMNL 12.07 Decreased By ▼ -0.30 (-2.43%)
KEL 4.20 Decreased By ▼ -0.04 (-0.94%)
KOSM 5.48 Decreased By ▼ -0.08 (-1.44%)
MLCF 67.46 Increased By ▲ 2.67 (4.12%)
OGDC 212.37 Increased By ▲ 0.68 (0.32%)
PACE 5.53 Decreased By ▼ -0.20 (-3.49%)
PAEL 44.31 Decreased By ▼ -0.71 (-1.58%)
PIAHCLA 16.80 Decreased By ▼ -0.29 (-1.7%)
PIBTL 9.37 Increased By ▲ 0.14 (1.52%)
POWER 14.28 Decreased By ▼ -0.17 (-1.18%)
PPL 164.05 Decreased By ▼ -2.35 (-1.41%)
PRL 29.41 Decreased By ▼ -1.24 (-4.05%)
PTC 21.30 Increased By ▲ 0.10 (0.47%)
SEARL 88.99 Decreased By ▼ -1.48 (-1.64%)
SSGC 40.49 Decreased By ▼ -0.56 (-1.36%)
SYM 14.64 Increased By ▲ 0.16 (1.1%)
TELE 7.17 Decreased By ▼ -0.22 (-2.98%)
TPLP 9.15 Decreased By ▼ -0.22 (-2.35%)
TRG 64.27 Decreased By ▼ -0.73 (-1.12%)
WAVESAPP 9.42 Decreased By ▼ -0.09 (-0.95%)
WTL 1.29 Decreased By ▼ -0.02 (-1.53%)
YOUW 3.65 Decreased By ▼ -0.07 (-1.88%)
AIRLINK 166.94 Decreased By ▼ -1.57 (-0.93%)
BOP 9.71 Decreased By ▼ -0.08 (-0.82%)
CNERGY 7.82 Decreased By ▼ -0.17 (-2.13%)
CPHL 88.87 Increased By ▲ 0.90 (1.02%)
FCCL 44.58 Increased By ▲ 0.65 (1.48%)
FFL 15.41 Decreased By ▼ -0.11 (-0.71%)
FLYNG 28.62 Increased By ▲ 0.68 (2.43%)
HUBC 139.39 Increased By ▲ 1.42 (1.03%)
HUMNL 12.07 Decreased By ▼ -0.30 (-2.43%)
KEL 4.20 Decreased By ▼ -0.04 (-0.94%)
KOSM 5.48 Decreased By ▼ -0.08 (-1.44%)
MLCF 67.46 Increased By ▲ 2.67 (4.12%)
OGDC 212.37 Increased By ▲ 0.68 (0.32%)
PACE 5.53 Decreased By ▼ -0.20 (-3.49%)
PAEL 44.31 Decreased By ▼ -0.71 (-1.58%)
PIAHCLA 16.80 Decreased By ▼ -0.29 (-1.7%)
PIBTL 9.37 Increased By ▲ 0.14 (1.52%)
POWER 14.28 Decreased By ▼ -0.17 (-1.18%)
PPL 164.05 Decreased By ▼ -2.35 (-1.41%)
PRL 29.41 Decreased By ▼ -1.24 (-4.05%)
PTC 21.30 Increased By ▲ 0.10 (0.47%)
SEARL 88.99 Decreased By ▼ -1.48 (-1.64%)
SSGC 40.49 Decreased By ▼ -0.56 (-1.36%)
SYM 14.64 Increased By ▲ 0.16 (1.1%)
TELE 7.17 Decreased By ▼ -0.22 (-2.98%)
TPLP 9.15 Decreased By ▼ -0.22 (-2.35%)
TRG 64.27 Decreased By ▼ -0.73 (-1.12%)
WAVESAPP 9.42 Decreased By ▼ -0.09 (-0.95%)
WTL 1.29 Decreased By ▼ -0.02 (-1.53%)
YOUW 3.65 Decreased By ▼ -0.07 (-1.88%)
BR100 12,327 Increased By 71.3 (0.58%)
BR30 36,803 Increased By 80.1 (0.22%)
KSE100 115,469 Increased By 449.5 (0.39%)
KSE30 35,563 Increased By 234.3 (0.66%)
Print - 2016-10-28
Kuwait telecom Zain profit rises in third quarter
Currency

Kuwait telecom Zain profit rises in third quarter

Kuwaiti telecoms giant Zain said Tuesday its net profits rose in the third quarter and the first nine months of 2016 despite regional conflicts and currency fluctuations. The company's net profit in the third quarter increased 12 percent to 43 million din
Published 28 Oct, 2016 12:00am
Africa's population boom fuels 'unstoppable' migration to Europe

Africa's population boom fuels 'unstoppable' migration to Europe

When German Chancellor Angela Merkel toured three African nations this week for talks on curbing migration to Europe, the leader of the world's poorest country, Niger, suggested it would take a "Marshall Plan" of massive aid to stop people coming. Merkel
Published 28 Oct, 2016 12:00am
Harley-Davidson plans to reorganise, reduce workforce

Harley-Davidson plans to reorganise, reduce workforce

Harley-Davidson Inc, facing falling motorcycle sales around the world, said on Tuesday it plans to streamline its operations, reorganize and reduce its workforce during the fourth quarter in a move that will cost the company $20 million to $25 million. Th
Published 28 Oct, 2016 12:00am
PSA sales down on China, Europe demand woes

PSA sales down on China, Europe demand woes

French carmaker PSA on Wednesday blamed falling demand in Europe and China, as well as exchange rate movements, in posting a drop in third-quarter sales. PSA, the second largest car manufacturer in Europe and behind the Peugeot, Citroen and DS brands, sai
Published 28 Oct, 2016 12:00am
Argentina automotive sector struggles with Brazil demand: Fiat

Argentina automotive sector struggles with Brazil demand: Fiat

Argentina's auto production will likely fall 8 percent this year due to poor demand from neighbouring Brazil before showing modest improvements in 2017, an executive with Fiat Chrysler Automobiles said on Thursday. Cristiano Rattazzi, President of Fiat Ch
Published 28 Oct, 2016 12:00am
Asia flows boost shipping rates, displace US crude imports

Asia flows boost shipping rates, displace US crude imports

Robust Asian demand for West African crude is fuelling a world-wide surge in shipping rates for the largest oil tankers that is being felt from Houston to Singapore. Chartering rates for Suezmaxes and very large crude carriers (VLCCs) have recovered rapid
Published 28 Oct, 2016 12:00am
Hyundai Motor third quarter profit tumbles far short of estimates

Hyundai Motor third quarter profit tumbles far short of estimates

Hyundai Motor Co's quarterly net profit skidded to its lowest level in more than four years on a protracted strike at home and weakness in emerging markets, and it warned it may miss its sales targets for a second straight year. Falling far short of conse
Published 28 Oct, 2016 12:00am
Hyundai Motor third quarter profit tumbles far short of estimates

Hyundai Motor third quarter profit tumbles far short of estimates

Hyundai Motor Co's quarterly net profit skidded to its lowest level in more than four years on a protracted strike at home and weakness in emerging markets, and it warned it may miss its sales targets for a second straight year. Falling far short of conse
Published 28 Oct, 2016 12:00am
Banks boost Gulf markets in weak global environment

Banks boost Gulf markets in weak global environment

Banking shares that were beaten down earlier this month by fears of slowing economic growth in the region boosted several Gulf stock markets on Thursday, despite weakness in Asian bourses and oil prices. The Saudi bank sector has been strong since last we
Published 28 Oct, 2016 12:00am
Kuwait telecom Zain profit rises in third quarter
Currency

Kuwait telecom Zain profit rises in third quarter

Kuwaiti telecoms giant Zain said Tuesday its net profits rose in the third quarter and the first nine months of 2016 despite regional conflicts and currency fluctuations. The company's net profit in the third quarter increased 12 percent to 43 million din
Published 28 Oct, 2016 12:00am
British imports of cheap medicines dry up as pound falls

British imports of cheap medicines dry up as pound falls

The supply of cut-price branded prescription drugs into Britain is drying up as a sharp fall in sterling erodes profit margins for wholesalers engaged in the so-called parallel trade. Drugs, like other goods, can be freely traded across Europe's single ma
Published 28 Oct, 2016 12:00am
Thailand's September export surprise to bolster growth outlook

Thailand's September export surprise to bolster growth outlook

Thailand's exports unexpectedly rose for a second straight month in September on improved demand from key markets, a hopeful sign of a turning point for the country's exports and growth this year. Exports, worth about two-thirds of the Thai economy, have
Published 28 Oct, 2016 12:00am
Russian retail sales, wages exceed expectations in September

Russian retail sales, wages exceed expectations in September

Russia's retail sales fell further in September but at a slower pace, suggesting its economic contraction is easing, data from the federal statistics service showed on Wednesday. Russia's economy has passed the most acute phase of an economic crisis, spar
Published 28 Oct, 2016 12:00am
CNOOC Q3 oil and gas revenue drops 15 percent on lower prices

CNOOC Q3 oil and gas revenue drops 15 percent on lower prices

China's offshore oil and gas specialist CNOOC Ltd reported on Wednesday a 15.2 percent fall in third-quarter oil and gas sales revenue, hurt by weaker prices, but expected a cautious rebound in oil prices to lift fourth-quarter revenue. Releasing its unau
Published 28 Oct, 2016 12:00am
General Electric profit falls 20 percent

General Electric profit falls 20 percent

Sluggish activity in oil and gas weighed on General Electric's third-quarter results Friday, offsetting strength in other businesses and pushing profits lower. Net income for the industrial conglomerate fell 20.4 percent to $2.0 billion. Revenues rose 4.4
Published 28 Oct, 2016 12:00am
General Electric profit falls 20 percent

General Electric profit falls 20 percent

Sluggish activity in oil and gas weighed on General Electric's third-quarter results Friday, offsetting strength in other businesses and pushing profits lower. Net income for the industrial conglomerate fell 20.4 percent to $2.0 billion. Revenues rose 4.4
Published 28 Oct, 2016 12:00am
Far from stepping back, top central banks are set to double down

Far from stepping back, top central banks are set to double down

Central banks' repeated warnings that there are limits to what they can do to bolster the sputtering world economy could suggest they are about to pull back and pass the baton to governments. But a steady flow of research and a new tone in the debate amon
Published 28 Oct, 2016 12:00am
Paris, the upstart startup capital

Paris, the upstart startup capital

Could Paris, the City of Light, soon become known as the City of Innovation helping propel young entrepreneurs to push technological and business frontiers? While efforts by Paris to lure financial companies from London in the wake of Britain's vote to le
Published 28 Oct, 2016 12:00am
China stocks dip

China stocks dip

China stocks edged lower on Thursday, reversing some losses in the morning session, while investors remained cautious in the face of slowing industrial profit growth, persistent yuan weakness, and growing concerns over tighter liquidity. The bluechip CSI3
Published 28 Oct, 2016 12:00am
Dollar dips against majors in New York
Currency

Dollar dips against majors in New York

The US dollar dipped against a basket of major currencies on Wednesday, reflecting nervousness surrounding Federal Reserve monetary policy and the US election, a day after touching a nearly nine-month high. Analysts said expectations the Fed would raise i
Published 28 Oct, 2016 12:00am
Swedish crown hits 6-1/2-year low in Europe
Currency

Swedish crown hits 6-1/2-year low in Europe

Sweden's crown hit a 6-1/2-year low against the euro on Thursday, after the central bank said the chances of another interest rate cut had increased and it was ready to expand its quantitative easing programme further. The Riksbank has already slashed rat
Published 28 Oct, 2016 12:00am
Dollar pauses against yen in Asia
Currency

Dollar pauses against yen in Asia

The dollar held steady near a three-month high against the yen on Thursday, as rises in US bond yields and expectations for the Federal Reserve to raise interest rates this year helped underpin the greenback. The dollar last stood at 104.49 yen. Earlier o
Published 28 Oct, 2016 12:00am
Sri Lankan rupee weakens
Currency

Sri Lankan rupee weakens

The Sri Lankan rupee ended weaker on Thursday on importer demand for the US currency, but moral suasion by the central bank prevented a steeper fall, dealers said. Rupee forwards were active, with the one-week forwards ending at 148.40/50 per dollar compa
Published 28 Oct, 2016 12:00am
FTSE boosted by Barclays, though mid-caps fall

FTSE boosted by Barclays, though mid-caps fall

Britain's top share index rose on Thursday in a choppy session, buoyed by well-received results from Barclays, though mid-cap stocks fell as earnings updates led to double-digit slides for AMEC Foster Wheeler and Berendsen. The bluechip FTSE 100 index was
Published 28 Oct, 2016 12:00am
Southeast Asian stocks mostly down

Southeast Asian stocks mostly down

Southeast Asian shares were largely lower on Thursday, in line with broader Asia, with the Philippine index losing ground for a sixth session as President Rodrigo Duterte's threats to the United States spooked investors. Asian shares fell after disappoint
Published 28 Oct, 2016 12:00am
Australian shares plunge

Australian shares plunge

Australian shares closed at its lowest in a month on Thursday, after doubts over Opec's ability to organise a co-ordinated production cut weighed on oil prices, and National Australia Bank's positive results were unable to soothe sentiment. The S&P/ASX 20
Published 28 Oct, 2016 12:00am
European shares end flat after choppy day, Amec sinks 20 percent

European shares end flat after choppy day, Amec sinks 20 percent

European shares steadied at the close on Thursday, with stronger pharmaceutical and banking stocks offsetting a slump in companies like Amec Foster and Berendsen. The pan-European STOXX 600 index ended flat in percentage terms after moving in and out of p
Published 28 Oct, 2016 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 78.40-78.42 (previous 78.40-78.40).
Published 28 Oct, 2016 12:00am
Indian shares up

Indian shares up

India's benchmark BSE index snapped two sessions of losses and ended higher on Thursday while the broader NSE index cut early losses to close flat, helped by a recovery in financials towards the second half of the trading session. The NSE index ended unch
Published 28 Oct, 2016 12:00am
Treasury yields rise on upbeat US data

Treasury yields rise on upbeat US data

US Treasury debt yields rose on Wednesday, bolstered by a fresh batch of economic data that enhanced the outlook for third-quarter US gross domestic product data due on Friday. Gains in US Treasury yields also spurred rises in other global bond markets. B
Published 28 Oct, 2016 12:00am
Treasury yields rise on upbeat US data

Treasury yields rise on upbeat US data

US Treasury debt yields rose on Wednesday, bolstered by a fresh batch of economic data that enhanced the outlook for third-quarter US gross domestic product data due on Friday. Gains in US Treasury yields also spurred rises in other global bond markets. B
Published 28 Oct, 2016 12:00am
Hong Kong stocks down

Hong Kong stocks down

Hong Kong shares fell on Thursday as investors were spooked by an unexpectedly sharp drop in China's industrial profits. The Hang Seng index fell 0.8 percent, to 23,132.35, while the China Enterprises Index lost 0.9 percent, to 9,608.91 points. Most secto
Published 28 Oct, 2016 12:00am
Apple drags S&P; Boeing lifts Dow

Apple drags S&P; Boeing lifts Dow

Quarterly results were the main driver for Wall Street on Wednesday as a decline in Apple shares weighed on the S&P 500 and Nasdaq, while the price-weighted Dow Industrials was buoyed by gains in Boeing. Apple, the world's largest exchange-traded company,
Published 28 Oct, 2016 12:00am
Tokyo shares down

Tokyo shares down

Tokyo shares fell Thursday as investors took profits a day after the Nikkei closed at a six-month high, but IT firm Fujitsu soared almost eight percent as it said it was in talks to merge its PC with business with China's Lenovo. The Nikkei has rallied in
Published 28 Oct, 2016 12:00am
Taiwan stocks down

Taiwan stocks down

Taiwan stocks declined on Thursday, tracking falls in overseas markets led by broad-based losses, while some investors locked in profits from recent gains. As of 0331 GMT, the main TAIEX index was down 0.6 percent at 9,315.21, after finishing down 0.3 per
Published 28 Oct, 2016 12:00am
$1.81 billion foreign assistance received in Q1

$1.81 billion foreign assistance received in Q1

The country has provisionally received $1.81 billion of the budgeted estimates of foreign assistance in the first quarter of the current financial year, but 50 percent, $900 million, were loans from commercial banks. According to Economic Affaires Divisio
Published 28 Oct, 2016 12:00am
Last journalist cleared in mammoth UK police probe

Last journalist cleared in mammoth UK police probe

The only journalist successfully tried in the mammoth British police probe into alleged corrupt payments to public officials for stories had his conviction quashed Thursday. The Sun newspaper's crime reporter Anthony France had his conviction overturned b
Published 28 Oct, 2016 12:00am
Last journalist cleared in mammoth UK police probe

Last journalist cleared in mammoth UK police probe

The only journalist successfully tried in the mammoth British police probe into alleged corrupt payments to public officials for stories had his conviction quashed Thursday. The Sun newspaper's crime reporter Anthony France had his conviction overturned b
Published 28 Oct, 2016 12:00am
US charges dozens in India-based call center fraud racket

US charges dozens in India-based call center fraud racket

US justice authorities announced action Thursday to shut down a group of Indian call centers that had cheated victims in the United States of hundreds of millions of dollars. The Justice Department said tens of thousands of victims, most of them from Sout
Published 28 Oct, 2016 12:00am
US charges dozens in India-based call center fraud racket

US charges dozens in India-based call center fraud racket

US justice authorities announced action Thursday to shut down a group of Indian call centers that had cheated victims in the United States of hundreds of millions of dollars. The Justice Department said tens of thousands of victims, most of them from Sout
Published 28 Oct, 2016 12:00am
Top al Qaeda leaders killed in Afghanistan

Top al Qaeda leaders killed in Afghanistan

Two top al Qaeda leaders in Afghanistan were killed in a US drone attack, the nation's spy agency confirmed Thursday, in a major blow to the group as it seeks to re-establish safe havens in the country. Washington said the strikes on Sunday targeted Farou
Published 28 Oct, 2016 12:00am
Top al Qaeda leaders killed in Afghanistan

Top al Qaeda leaders killed in Afghanistan

Two top al Qaeda leaders in Afghanistan were killed in a US drone attack, the nation's spy agency confirmed Thursday, in a major blow to the group as it seeks to re-establish safe havens in the country. Washington said the strikes on Sunday targeted Farou
Published 28 Oct, 2016 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 28 Oct, 2016 12:00am
CoAS witnesses joint exercise

CoAS witnesses joint exercise

Chief of Army Staff (CoAS) General Raheel Sharif visited National Counter Terrorism Training Centre (NCTC), Pabbi and witnessed Pakistan - China Joint Special Forces Exercise "YOUYI-VI 2016", Thursday. Two weeks long exercise was focused on counter terror
Published 28 Oct, 2016 12:00am
CoAS witnesses joint exercise

CoAS witnesses joint exercise

Chief of Army Staff (CoAS) General Raheel Sharif visited National Counter Terrorism Training Centre (NCTC), Pabbi and witnessed Pakistan - China Joint Special Forces Exercise "YOUYI-VI 2016", Thursday. Two weeks long exercise was focused on counter terror
Published 28 Oct, 2016 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Oct, 2016 12:00am
Parents can sue cities over creche shortages: German court

Parents can sue cities over creche shortages: German court

Parents who are unable to return to work because they failed to obtain a nursery place for their child should be compensated for any resulting loss in wages, a German federal court ruled Thursday. Under a slew of child-friendly policies aimed at pushing u
Published 28 Oct, 2016 12:00am
Parents can sue cities over creche shortages: German court

Parents can sue cities over creche shortages: German court

Parents who are unable to return to work because they failed to obtain a nursery place for their child should be compensated for any resulting loss in wages, a German federal court ruled Thursday. Under a slew of child-friendly policies aimed at pushing u
Published 28 Oct, 2016 12:00am
India using Afghan soil for terrorism inside Pakistan: FO

India using Afghan soil for terrorism inside Pakistan: FO

Foreign Office Spokesperson Nafees Zakaria on Thursday declared that India was using Afghan soil for terror activities inside Pakistan, as security forces had detected signals of the terrorists' connections in Afghanistan during the recent attack on polic
Published 28 Oct, 2016 12:00am
India using Afghan soil for terrorism inside Pakistan: FO

India using Afghan soil for terrorism inside Pakistan: FO

Foreign Office Spokesperson Nafees Zakaria on Thursday declared that India was using Afghan soil for terror activities inside Pakistan, as security forces had detected signals of the terrorists' connections in Afghanistan during the recent attack on polic
Published 28 Oct, 2016 12:00am
Twitter plots new path after merger talks fail

Twitter plots new path after merger talks fail

Twitter said Thursday it has a path to growth and profitability, even as the struggling social network unveiled hefty job cuts and more losses after talks to find a buyer collapsed. The company said it would cut nine percent of its workforce after another
Published 28 Oct, 2016 12:00am
Twitter plots new path after merger talks fail

Twitter plots new path after merger talks fail

Twitter said Thursday it has a path to growth and profitability, even as the struggling social network unveiled hefty job cuts and more losses after talks to find a buyer collapsed. The company said it would cut nine percent of its workforce after another
Published 28 Oct, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (October 27, 2016).

Published 28 Oct, 2016 12:00am
Protecting depositors and promoting stability

Protecting depositors and promoting stability

Depositors' protection scheme, in vogue in many countries for the last so many years, has also been introduced in Pakistan. According to the Depositors Protection Act notified by the State Bank on 24th October, 2016, a Depositors Protection Corporation (D
Published 28 Oct, 2016 12:00am
PAT jumps on the bandwagon

PAT jumps on the bandwagon

Estranged ally Dr Tahirul Qadri of the Pakistan Awami Tehreek (PAT) has been reconciled with his erstwhile comrade-in-struggle Imran Khan of the Pakistan Tehreek-e-Insaf (PTI). Only a few days earlier, Imran Khan had in his characteristic style whaled int
Published 28 Oct, 2016 12:00am
Of taxpayers & non-filers!

Of taxpayers & non-filers!

Non-collection of tax where due, is as detestable as its collection, where it is not due- CIT Companies, Lahore v State Cement of Corporation (Pvt) Ltd, Lahore 2002 PTD 1603 The persistent negative propaganda campaign by the Federal Board of Revenue (FBR)
Published 28 Oct, 2016 12:00am
Bandh politics

Bandh politics

Noting that Pakistan's public debt remained very high, the interest bill being higher at current debt level than the country's entire development budget, IMF Managing Director, Christine Lagarde, pointedly said that the perception of corruption in Pakista
Published 28 Oct, 2016 12:00am
Women harassment at workplace

Women harassment at workplace

The work environment for women, in a male-dominated society like Pakistan, is often hostile and antagonistic, hindering their contribution to their country's development as well as their right to employment. Various studies have found that social constrai
Published 28 Oct, 2016 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

The rupee moved both ways against the dollar on the money market on Thursday, dealers said. The rupee was down by five paisas versus the dollar for buying and selling at Rs 104.82 and Rs 104.84 respectively, they said.
Published 28 Oct, 2016 12:00am
November 2 Islamabad lockdown

November 2 Islamabad lockdown

How ironic it is that our political leadership is unmindful of the present and future of this nation of 200 million people. Please consider the following: The November 2 Islamabad lockdown call by Pakistan Tehreek-e-Insaf is undoubtedly fraught with dire
Published 28 Oct, 2016 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

The rupee moved both ways against the dollar on the money market on Thursday, dealers said. The rupee was down by five paisas versus the dollar for buying and selling at Rs 104.82 and Rs 104.84 respectively, they said.
Published 28 Oct, 2016 12:00am
Civilian leadership urges CoAS to help government overcome challenge

Civilian leadership urges CoAS to help government overcome challenge

Chief Minister Punjab Shehbaz Sharif, Interior Minister Chaudhry Nisar Ali Khan and Finance Minister Ishaq Dar called on Chief of Army Staff General Raheel Sharif on Thursday night, a private TV channel claimed. The channel said that the meeting took plac
Published 28 Oct, 2016 12:00am
Civilian leadership urges CoAS to help government overcome challenge

Civilian leadership urges CoAS to help government overcome challenge

Chief Minister Punjab Shehbaz Sharif, Interior Minister Chaudhry Nisar Ali Khan and Finance Minister Ishaq Dar called on Chief of Army Staff General Raheel Sharif on Thursday night, a private TV channel claimed. The channel said that the meeting took plac
Published 28 Oct, 2016 12:00am
US MIDDAY: gold little changed

US MIDDAY: gold little changed

Gold was little changed early on Thursday, pressured by a persistently strong dollar as the market awaits more signs about the timing of an expected US interest rate rise from the Federal Reserve. Bets that the Fed will raise rates have driven the dollar
Published 28 Oct, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 27, 2016).

Published 28 Oct, 2016 12:00am
US MIDDAY: soyabeans and wheat up

US MIDDAY: soyabeans and wheat up

Soyabean futures on the Chicago Board of Trade firmed on Thursday on technical buying, strong export demand and spillover strength from soyameal, traders said. CBOT November soyabeans settled up 4-1/4 cents at $10.14-1/4 per bushel. CBOT soyameal futures
Published 28 Oct, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 27, 2016).

Published 28 Oct, 2016 12:00am
Oil ends up, Opec cut commitments assuage lingering doubts

Oil ends up, Opec cut commitments assuage lingering doubts

Oil settled higher on Thursday, as commitments from Gulf Opec members to cut production assuaged some lingering doubts in the market about cooperation from other producers. The international benchmark Brent crude was up 49 cents, or 1 percent, at $50.47 a
Published 28 Oct, 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 Thursday (October 27, 2016).

Published 28 Oct, 2016 12:00am
Cotton futures climb
Cotton

Cotton futures climb

Cotton futures rose on Thursday to their highest level in a week, perked up by speculative buying and a healthy demand for the natural fibre. The market also took stock of weekly export sales report from the US government, which showed net upland sales of
Published 28 Oct, 2016 12:00am
Privatisation of PIA not on the cards: Saigol

Privatisation of PIA not on the cards: Saigol

Chairman PIA Azam Saigol has said that PIA's privatization is not on the cards and all rumours in this regard are totally baseless. He said this while talking to President CBA (Collective Bargaining Agent) union of PIA, Shamim Akmal who called on him here
Published 28 Oct, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (October 27, 2016)

Published 28 Oct, 2016 12:00am
Workshop held for promotion of reading culture

Workshop held for promotion of reading culture

Alif Laila Book Bus Society in collaboration with SGAFP-USAID organized one-day workshop for exploring opportunities to promote reading culture through establishment of libraries in primary schools here in a local hotel Thursday. Vice president of Alif La
Published 28 Oct, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (October 27, 2016).

Published 28 Oct, 2016 12:00am
LHC asks AGP to assist court in petition against Prime Minister

LHC asks AGP to assist court in petition against Prime Minister

The Lahore High Court on Thursday asked the Attorney General of Pakistan to assist the court on November 1 in a petition of Pakistan Tehreek Insaaf leader Jahangir Khan Tareen seeking disqualification of Prime Minister Nawaz Sharif for his alleged involve
Published 28 Oct, 2016 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 28 Oct, 2016 12:00am
Imran launches countrywide protest

Imran launches countrywide protest

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Thursday announced a countrywide protest demonstration across the country after police baton charged party workers and arrested a large number of party workers in Islamabad. After presiding over an eme
Published 28 Oct, 2016 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 28 Oct, 2016 12:00am