News Archives for Print - 2016-11-21

The Weather

The weather report on Monday (November 20, 2016) and the forecast for Monday (November 21, 2016).

Published 21 Nov, 2016 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JANUARY TO JUNE 2016)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 21 Nov, 2016 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (November 14 to 18, 2016).

Published 21 Nov, 2016 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 21 Nov, 2016 12:00am

NIHCR delegation visits PSC UoP

A delegation of National Institute of Historical and Cultural Research (NIHCR) Quaid-e-Azam University Islamabad visited Pakistan Study Centre (PSC), the University of Peshawar (UoP). The team was led by Syed Umar Hayat, Director NIHCR. Other members of t

Published 21 Nov, 2016 12:00am

Delegates from 43 countries to participate in IDEAS 2016

With the participation of 261 foreign companies from 34 countries including China, Turkey, Russia, US, Europe etc, the 9th International Defence Exhibition and Seminar (IDEAS) will give a clear and loud message to India that the world is with Pakistan.

Published 21 Nov, 2016 12:00am

PPP Foundation Day celebrations: Bilawal forms 16-member body to make arrangements

Chairman of Pakistan Peoples Party Bilawal Bhutto Zardari has formed a committee to make arrangements for the 49th Foundation Day celebration in Lahore on November 30. A statement from the PPP media cell said on Sunday that the 16 members committee was fo

Published 21 Nov, 2016 12:00am

'Go Nawaz Go' drive would be launched if demands not met: Bilawal

Chairman Pakistan People's Party Bilawal Bhutto Zardari warned if his four demands were not met, he would launched anti govt, "go Nawaz go" campaign from December 27. While talking to media at Mazar of Hazrat Data Ganj Buksh(AR) He stated no U-turn would

Published 21 Nov, 2016 12:00am

Reforms: Session of consultation held with FATA parliamentarians

Fata Research Centre organized a Consultative session with Fata parliamentarians on the "Future of Governance Reforms in tribal areas".

Published 21 Nov, 2016 12:00am

Ministry examining complaints against CEO NICL

Commerce Ministry is examining various complaints against Chief Executive Officer (CEO) National Insurance Corporation Limited (NICL) Capt Jamil Akhtar Khan (retired), well-informed sources told Business Recorder. The Prime Minister had set very strict cr

Published 21 Nov, 2016 12:00am

'Pakistan's e-commerce market can reach $2.5 billion in five years,' says CMO-Daraz.pk

BR Research recently sat down with Mr. Hamaad Ravda who is the CMO of Daraz.pk, which is one of the leading online marketplaces in Pakistan and offers wide variety of products. Below is an edited excerpt from the conversation.

Published 21 Nov, 2016 12:00am

'Pakistan's e-commerce market can reach $2.5 billion in five years,' says CMO-Daraz.pk

BR Research recently sat down with Mr. Hamaad Ravda who is the CMO of Daraz.pk, which is one of the leading online marketplaces in Pakistan and offers wide variety of products. Below is an edited excerpt from the conversation.

Published 21 Nov, 2016 12:00am

Companies Ordinance, 2016

The cat is out. With the passage of time; laws, particularly fiscal laws, unfold litters. Normally, the law is smoothed by issue of SROs, governmental circulars and of course by courts' pronouncements. A new law is put in place when the existing law rende

Published 21 Nov, 2016 12:00am

Fallacy of poverty decline in Pakistan

Finance Minister Ishaq Dar on April 8, 2016 with the technical support of the World Bank announced a new official poverty line of Rs 3030 per capita per month in terms of cost of basic need. The government accordingly claims that poverty has declined from

Published 21 Nov, 2016 12:00am

Ugly preponderance of politics

The subordination of economics to politics is evident in some decisions taken by governments around the world however unfortunately in Pakistan political considerations trumping economic considerations have become routine; and account for decisions that p

Published 21 Nov, 2016 12:00am

The case of Pak-Turk schools staff

Turkish president Recep Tayyip Erdogan had been on a much welcome visit to Pakistan to further strengthen a mutually beneficial relationship with promotion of trade and investment as well as cooperation in the field of defence. But a small unpleasantness

Published 21 Nov, 2016 12:00am

Taxation issues

Senate Standing Committee on Finance chaired by Senator and former finance minister Saleem Mandviwalla is often well prepared to criticise the financial authorities and take on the government for its shortcomings. In a recent encounter with FBR Chairman,

Published 21 Nov, 2016 12:00am

Ronaldo hat-trick downs Atletico, extends Real lead

Cristiano Ronaldo's hat-trick delivered Real Madrid's first success over Atletico Madrid in La Liga for three years with a 3-0 win in the last meeting between the sides at Atletico's Vicente Calderon.

Published 21 Nov, 2016 12:00am

Indian spinners hurt England's chase

Late strikes by Indian spinners jolted England after skipper Alastair Cook's dogged half-century gave the visitors hope on the fourth day of the second Test in Visakhapatnam on Sunday.

Published 21 Nov, 2016 12:00am

Guard Group win Treet Polo Cup 2016

Guard Group defeated Wi-Tribe Shahsawars by 5-3.5 in the Treet Polo Cup 2016 main final played here at the Lahore Polo Club (LPC) ground on Sunday. Former Governor Punjab Lieutenant-General (Retd) Khalid Maqbool was chief guest while Treet Corporation Dir

Published 21 Nov, 2016 12:00am

Fitzpatrick wins finale, Stenson the Race to Dubai

Matthew Fitzpatrick birdied the last hole to win the $8 million DP World Tour Championship on Sunday as Henrik Stenson won the Race to Dubai for a second time. England's Fitzpatrick was completing a remarkable season in which he represented Europe in the

Published 21 Nov, 2016 12:00am

Family illness sends Misbah home

Pakistan captain Misbah-ul-Haq has pulled out of the New Zealand tour to return home because his father-in-law is critically ill, a team spokesman said Sunday. Misbah received the news early Sunday and headed to the airport with his wife and daughter as s

Published 21 Nov, 2016 12:00am

Australia make six changes

Crisis-hit Australia included English-born opener Matt Renshaw among six changes to their revamped Test squad Sunday for this week's crucial third day-night Test against South Africa in Adelaide. Selectors named the 20-year-old Queensland opener Renshaw a

Published 21 Nov, 2016 12:00am

New Zealand thrash Pakistan in first Test

A Kane Williamson half century saw New Zealand snap a four-Test losing streak when they beat Pakistan by eight wickets Sunday in the first Test at Hagley Oval, Christchurch. A low-scoring match was wrapped up inside eight sessions after the first day's wa

Published 21 Nov, 2016 12:00am

Volkswagen CEO says sees case for building own battery factory

Europe's largest carmaker Volkswagen sees building its own factory to make electronic vehicle batteries as a logical move as it expands production of low-emission cars after its emissions scandal.

Published 21 Nov, 2016 12:00am

Infrastructure key to UK's first post-Brexit budget: government

Britain's first post-Brexit budget will focus on infrastructure and could spell an end to the previous government's rigid fiscal targets, according to a treasury statement released Sunday.

Published 21 Nov, 2016 12:00am

Large Saudi bank cuts money quote; rates may fall back below repo

Saudi Arabia's biggest commercial bank cut its quote for three-month money in the interbank market on Sunday in a signal that rates could fall further as a liquidity crunch in the banking system eases.

Published 21 Nov, 2016 12:00am

Deutsche clears chairman of blame for bank's poor cooperation in Libor case

Deutsche Bank has cleared its chairman of accusations by shareholders that he was partly to blame for the bank's poor cooperation with authorities over alleged rate-rigging, daily Sueddeutsche Zeitung has cited financial sources as saying.

Published 21 Nov, 2016 12:00am

Saudi Arabia makes $10.7 billion of delayed payments to private sector

Saudi Arabia's government has made payments of 40 billion riyals ($10.7 billion) that it owed to private sector companies, the kingdom's Arab News newspaper quoted a senior construction industry executive as saying.

Published 21 Nov, 2016 12:00am

Adulteration and sanitation: owners of eateries asked to meet Food Act requirements

Director General Punjab Food Authority (PFA) Noorul Amin Mengal has allowed the owners of eateries to improve by December 15 the sanitation and other condition according to the Food Act requirements for providing pure, adulteration free and quality food t

Published 21 Nov, 2016 12:00am

No country will lend a helping hand to rulers: Elahi

Terming the month of December as important for the country, Pakistan Muslim League-Q (PML-Q) senior leader and former Deputy Prime Minister Chaudhry Pervez Elahi Sunday said that "no country will come to rescue our corrupt rulers."

Published 21 Nov, 2016 12:00am

Sindh's Sherazis call on CM Punjab

Sherazi Brothers of Pakistan Muslim League-N belonging to Sindh called on Punjab Chief Minister Muhammad Shahbaz Sharif Sunday. Speaking on the occasion Punjab Chief Minister said that self-less service to the people is pivot of the politics of Pakistan M

Published 21 Nov, 2016 12:00am

Wheat to be sown over 16.8 million acres of land in Punjab

Over 1.68 crore acres of land would be brought under wheat crop during Rabi crop season in wheat growing parts of the Punjab. Sources in Agriculture Department told Business Recorder on Sunday that in Gujranwala division wheat would be cultivated on 25.50

Published 21 Nov, 2016 12:00am

Panama Leaks case: Aitzaz ready to offer advice to PTI

Leader of the Opposition in Senate and PPP leader Aitzaz Ahsan here on Sunday said that he is ready to offer advice to Pakistan Tehreek-e-Insaf (PTI) on Panama Leaks case, if approached by PTI leadership. Speaking to media during the day Aitzaz Ahsan said

Published 21 Nov, 2016 12:00am

'World Road Safety Day' observed

The Punjab Emergency Service (Rescue 1122) marked 'World Day for Remembrance of Road Traffic Victims' all over Punjab on Sunday with a renewed pledge to upgrade road safety regime holistically on modern lines.

Published 21 Nov, 2016 12:00am

Volkswagen CEO says sees case for building own battery factory

Europe's largest carmaker Volkswagen sees building its own factory to make electronic vehicle batteries as a logical move as it expands production of low-emission cars after its emissions scandal. Volkswagen and its labour unions agreed on Friday to cut 3

Published 21 Nov, 2016 12:00am

Infrastructure key to UK's first post-Brexit budget: government

Britain's first post-Brexit budget will focus on infrastructure and could spell an end to the previous government's rigid fiscal targets, according to a treasury statement released Sunday. The budget will be new finance minister Philip Hammond's first set

Published 21 Nov, 2016 12:00am

Large Saudi bank cuts money quote; rates may fall back below repo

Saudi Arabia's biggest commercial bank cut its quote for three-month money in the interbank market on Sunday in a signal that rates could fall further as a liquidity crunch in the banking system eases.

Published 21 Nov, 2016 12:00am

Deutsche clears chairman of blame for bank's poor cooperation in Libor case

Deutsche Bank has cleared its chairman of accusations by shareholders that he was partly to blame for the bank's poor cooperation with authorities over alleged rate-rigging, daily Sueddeutsche Zeitung has cited financial sources as saying.

Published 21 Nov, 2016 12:00am

Saudi Arabia makes $10.7 billion of delayed payments to private sector

Saudi Arabia's government has made payments of 40 billion riyals ($10.7 billion) that it owed to private sector companies, the kingdom's Arab News newspaper quoted a senior construction industry executive as saying.

Published 21 Nov, 2016 12:00am

KP establishes authority for blood transfusion

The government of Khyber Pakhtunkhwa is going to establish a corporate body with the name of KP Blood Transfusion Authority to regulate all aspects of blood transfusion and ensure that process related to collection, testing of human blood and blood compon

Published 21 Nov, 2016 12:00am

Ulema resolve to revive 'Pakistan Movement'

Well known and prominent ulema and spiritual leaders from all over the country attending the Ulema and Mashaikh conference organized by the Jamaat-e-Islami, at Mansoora on Sunday, resolved to revive the Pakistan movement in order to make Pakistan a true I

Published 21 Nov, 2016 12:00am

Change through evolution: Engro's 'I Am The Change' Awards 2016 big corporate initiative

Engro Pakistan held the IATC (I Am The Change) Awards 2016 to celebrate the people behind Pakistan's contemporary evolution with the aim to explore new ideas and write new narratives.

Published 21 Nov, 2016 12:00am

Experts call for adopting food safety measures

Agricult-ure experts have called for creating awareness and adopting food safety measures to overcome the food hazards and ensuring health for the public.

Published 21 Nov, 2016 12:00am

'Invention to Innovation Summit' concludes at UET

The Vice Chancellor of University of Engineering and Technology, Peshawar Professor Dr Iftikhar Hussain has said that UET Peshawar is ready to play leading role and expand the research profile of the province in collaboration with other public and private

Published 21 Nov, 2016 12:00am

West Nile virus can kill years after infection

West Nile virus may be three times more deadly than previously thought, because many deaths associated with the mosquito-borne virus occur years after the initial infection, researchers said on Monday.

Published 21 Nov, 2016 12:00am

Progress toward long-acting malaria pill

Scientists have made progress toward a pill that lingers in the stomach and releases its contents over a span of two weeks, an advance that could boost the fight against malaria and other diseases, a study said on Wednesday.

Published 21 Nov, 2016 12:00am

'Addiction is a crisis, not a character flaw'

Alcoholism and drug abuse are a pressing public health crisis in the United States, and addiction should no longer be dismissed as a "character flaw," top US health officials said on Thursday. For the first time, the US surgeon general, Vivek Murthy, rele

Published 21 Nov, 2016 12:00am

New lung transplant technique could save lives: study

A new technique could help nearly double the precious few hours surgeons have to carry out lung transplants, raising hopes for saving more lives, said a study released on Friday. Doctors typically rush to complete a transplant within about six hours of th

Published 21 Nov, 2016 12:00am

Huge study finds a billion people suffer from high BP

The number of people with high blood pressure has almost doubled in 40 years to over 1.1 billion worldwide, scientists said on Wednesday, with the burden of the condition shifting from the rich to the poor.

Published 21 Nov, 2016 12:00am

Traces of grime on your phone reveal your life story

Traces of skin, oil and grime left on your phone can reveal a lot about your lifestyle, and may some day serve as a "fingerprint" in criminal investigations, researchers said on Monday. The study involved 39 volunteers who allowed scientists to swab their

Published 21 Nov, 2016 12:00am

Earth sees hottest year-to-date in modern era: US

The first 10 months of this year have been the hottest in modern times, while last month was the third warmest October over land and sea surfaces since 1880, US government scientists said on Thursday.

Published 21 Nov, 2016 12:00am

Online freedom hit by pressure on social media, apps

Governments around the world have stepped up efforts to block or censor social media and messaging applications, in a new blow to internet freedom, a watchdog group said November 14. The Freedom on the Net report by the activist group Freedom House said o

Published 21 Nov, 2016 12:00am

Technical white paper on quantum dot technology released

Insight Media announced November 15 the release of a new white paper that delves into the science behind quantum dot technology as it pertains to displays. Insight Media's Chris Chinnock authored the white paper, Quantum Dots will Power Display Products t

Published 21 Nov, 2016 12:00am

Google teaches machines to become more fluent translators

Google is promising that its widely used translation service is now even more fluent, thanks to an advance that's enabling its computers to interpret complete sentences. That may sound simple, but it took years of engineering to pull off. Until now, Googl

Published 21 Nov, 2016 12:00am

WhatsApp suspends giving Facebook European user data

WhatsApp has temporarily suspended giving parent company Facebook information about users in Europe for ad targeting, responding to concerns there over privacy, a source close to the matter said Tuesday. Conversations with officials in Europe over the pas

Published 21 Nov, 2016 12:00am

Ericsson sees global smartphone subscriptions almost doubling by 2022

Global subscriptions for smartphones will almost double by 2022, helping mobile data traffic to eightfold, telecoms network gear maker Ericsson predicted on Tuesday.

Published 21 Nov, 2016 12:00am

Matrix launches PowerWatch, world's first Smartwatch that never needs charging

Matrix Industries unveiled the Matrix PowerWatch, the world's first smartwatch that uses thermoelectric technology so you never have to recharge or replace its battery.

Published 21 Nov, 2016 12:00am

Facebook lets Messenger 'bots' tap analytic smarts

Facebook on last Monday began letting interactive "bots" inside its Messenger service tap into analytic capabilities once reserved for the social network, ramping up the potential to earn money from e-commerce.

Published 21 Nov, 2016 12:00am

GSMA calls on governments to collaborate on global spectrum plan to deliver ultra-fast 5G

The GSMA November 14 called on governments and regulators around the world to commit to supporting the needs of 5G in the lead-up to the World Radiocommunication Conference in 2019 (WRC-19). 5G can create a 'hyper-connected' society, supporting the varyin

Published 21 Nov, 2016 12:00am

Under new CEO, Henkel looks to develop online business

German consumer goods group Henkel wants to step up digital sales of its core brands, focusing on emerging markets and a younger generation which is increasingly shopping online, its chief executive said on Thursday. Known for washing powder Persil, beaut

Published 21 Nov, 2016 12:00am

Google announces new London office

US tech giant Google on Tuesday confirmed it will expand its vast campus in central London, a move a source said is expected to bring 3,000 jobs to the British capital.

Published 21 Nov, 2016 12:00am

Investec looks to build Irish wealth unit via acquisitions

Investec is looking to build its Irish wealth management business via acquisitions, its chief executive said on Thursday, as the Anglo-South African financial services group reported higher first-half profit.

Published 21 Nov, 2016 12:00am

Investec looks to build Irish wealth unit via acquisitions

Investec is looking to build its Irish wealth management business via acquisitions, its chief executive said on Thursday, as the Anglo-South African financial services group reported higher first-half profit.

Published 21 Nov, 2016 12:00am

Petronas profit jumps on lower impairment costs

Malaysian state-owned oil firm Petroliam Nasional Bhd (Petronas) said on Wednesday its third-quarter profit after tax rose to 6.1 billion ringgit ($1.40 billion) from 1.6 billion in the second quarter. The jump was due to lower net impairment on assets an

Published 21 Nov, 2016 12:00am

Audi sees potential for just one diesel model in US

Luxury German auto brand Audi envisions the potential of just one diesel model in its US product mix in the wake of the diesel emissions scandal that has embroiled its parent company Volkswagen AG, Audi's US head said on Wednesday.

Published 21 Nov, 2016 12:00am

Ford still plans to move some production to Mexico

Ford Motor Company still plans to relocate some production to Mexico despite the election of Donald Trump, who denounced the move and has threatened to impose hefty tariffs on car imports.

Published 21 Nov, 2016 12:00am

ABN Amro third quarter profit up 19 percent; to shed more jobs

ABN Amro Group announced new job cuts on Wednesday and acknowledged it is holding more capital than planned as it reported a 19 percent rise in third-quarter underlying profit.

Published 21 Nov, 2016 12:00am

Tesco recovery gains pace with fastest sales growth in three years

Tesco's sales are rising at the fastest pace for three years, industry data showed on Tuesday, signalling the recovery at Britain's biggest supermarket group is gathering pace. Shares in the company climbed as much as 4 percent after market researcher Kan

Published 21 Nov, 2016 12:00am

Currency

Gulf banks could lose access to dollar clearing: UAE central banker warns

Commercial banks in the Gulf could lose their ability to have dollar trades cleared through the US banking system, increasing risks for them, the United Arab Emirates' central bank governor warned on Monday.

Published 21 Nov, 2016 12:00am

Sanofi, GSK expect further price pressure, more M&A under Trump

Two of Europe's biggest drugmakers warned on Tuesday there would be no let up in pressure on US medicine prices after presidential election win for Republican Donald Trump, which sent pharmaceutical and biotech shares soaring.

Published 21 Nov, 2016 12:00am

Social sector - II: 7.3 Poverty and income inequality

One of the direct results of high fertility rates and the country's inability to reap the economic benefits of the demographic dividend is poverty and income inequality. Official data shows that the number of people living in absolute poverty has been alm

Published 21 Nov, 2016 12:00am

Comments on Companies Ordinance, 2016

The companies' law is the primary and mother law for the businesses to be run under the corporate sector. Other laws, including banking laws etc rely on this primary law with respect to corporate regulations.

Published 21 Nov, 2016 12:00am

Comments on Companies Ordinance, 2016

The companies' law is the primary and mother law for the businesses to be run under the corporate sector. Other laws, including banking laws etc rely on this primary law with respect to corporate regulations.

Published 21 Nov, 2016 12:00am

Deutsche, Citi team up on risk-retention CMBS

Deutsche Bank and Citigroup have teamed up to offer a new US $975m CMBS they hope will satisfy new risk-retention rules that take effect next month, two sources told IFR. The banks plan to keep at least 5% of each class of the securitisation, from the top

Published 21 Nov, 2016 12:00am

Foreign investment in Canadian securities stays strong in September

Foreigners bought C$11.77 billion ($8.78 billion) worth of Canadian securities in September, setting a new record for investment for the first nine months of the year, Statistics Canada said on Thursday.

Published 21 Nov, 2016 12:00am

Foreign investment in Canadian securities stays strong in September

Foreigners bought C$11.77 billion ($8.78 billion) worth of Canadian securities in September, setting a new record for investment for the first nine months of the year, Statistics Canada said on Thursday.

Published 21 Nov, 2016 12:00am

Currency

Hong Kong firms in China charm-push ahead of HK-Shenzhen investment link

Scores of Hong Kong-listed companies - many small - are on a roadshow blitz in China to whet the appetite of mainland investors ahead of the launch of a cross-border investment link between Shenzhen and Hong Kong.

Published 21 Nov, 2016 12:00am

Currency

Hong Kong firms in China charm-push ahead of HK-Shenzhen investment link

Scores of Hong Kong-listed companies - many small - are on a roadshow blitz in China to whet the appetite of mainland investors ahead of the launch of a cross-border investment link between Shenzhen and Hong Kong.

Published 21 Nov, 2016 12:00am

US prime money fund assets rise 1st time since July

Assets of US prime money market funds for large investors posted their first weekly increase in four months, snapping a protracted drop due to regulations that went into effect in October, the Money Fund Report said on Wednesday.

Published 21 Nov, 2016 12:00am

US prime money fund assets rise 1st time since July

Assets of US prime money market funds for large investors posted their first weekly increase in four months, snapping a protracted drop due to regulations that went into effect in October, the Money Fund Report said on Wednesday.

Published 21 Nov, 2016 12:00am

Cotton

Abu Dhabi shares hit after bank merger talk quashed

Shares of three of Abu Dhabi's top lenders pulled back on Sunday after the banks denied they were in merger talks, while Saudi shares were hit by profit taking. Egypt's stock market gained as foreign funds continued to accumulate blue chips.

Published 21 Nov, 2016 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 78.58-78.58 (previous 78.58-78.58).

Published 21 Nov, 2016 12:00am

Currency

Egyptian pound weakens

The Egyptian pound weakened significantly on Sunday as banks scrambled to meet a surge in demand for dollars and the central bank held benchmark interest rates steady. The pound was trading at between 17.25 and 17.75 against the dollar by 1138 (0938 GMT),

Published 21 Nov, 2016 12:00am

Emerging markets may submerge again in 2017, top funds fear

The year threatens to end as it began for emerging markets - with losses. After spectacular returns between end-January and October, emerging market stocks and bonds are again in retreat, disappointing investors who had hoped the sector had finally turned

Published 21 Nov, 2016 12:00am

Emerging markets may submerge again in 2017, top funds fear

The year threatens to end as it began for emerging markets - with losses. After spectacular returns between end-January and October, emerging market stocks and bonds are again in retreat, disappointing investors who had hoped the sector had finally turned

Published 21 Nov, 2016 12:00am

Trump victory pushing US fund managers into small-cap shares

President-elect Donald Trump's victory last week is pushing US fund managers into the shares of small, domestic-oriented companies that they expect to benefit should Trump cut back on regulations and renegotiate free trade agreements as promised.

Published 21 Nov, 2016 12:00am

Wall Street week ahead: after initial Trump trade, politics keep stocks on edge

Arguing over politics is a Thanksgiving Day tradition, but Donald Trump's presidential election adds a new twist to any bickering at next week's holiday dinner table: What the new US government could mean for your stock portfolio.

Published 21 Nov, 2016 12:00am

Nepal PM admits 'delays' in justice for Maoist war victims

Nepal Sunday marked the 10th anniversary of the peace deal that ended a bloody Maoist insurgency as the prime minister admitted that justice for its victims has been delayed. In a TV show late Saturday, Prime Minister Pushpa Kamal Dahal - who led the guer

Published 21 Nov, 2016 12:00am

Hundreds of protesters in Morocco demand 'dignity'

Hundreds of people protested on Saturday, demanding justice for a fishmonger whose grisly death sparked outrage nation-wide, while calling for "dignity".

Published 21 Nov, 2016 12:00am

Netanyahu defends German submarine sale in face of 'scandal'

Prime Minister Benjamin Netanyahu on Sunday defended Israel's decision to buy three more submarines from Germany, in the face of a potential scandal involving his personal lawyer over the sale.

Published 21 Nov, 2016 12:00am

Erdogan says Turkey can spurn EU and join Shanghai Pact

President Recep Tayyip Erdogan says Turkey should not be "fixated" on joining the EU and has reiterated the idea of joining Russia and China in a Eurasian security group, local media reported Sunday. His comments come as Turkey's decades-long hopes of joi

Published 21 Nov, 2016 12:00am

Haitians vote hoping to restore constitutional order

Haitians went to the polls Sunday to elect a president and members of the legislature in hopes of restoring constitutional order in the impoverished Caribbean country after more than a year of political crisis. Nearly 6.2 million voters are eligible to ca

Published 21 Nov, 2016 12:00am

Turkey protesters rally against crackdown on pro-Kurds

Thousands of opposition protesters demonstrated in Istanbul on Sunday against a crackdown on MPs from Turkey's main pro-Kurdish party and municipal chiefs in the south-east. At least 5,000 people - mainly supporters of the pro-Kurdish Peoples' Democratic

Published 21 Nov, 2016 12:00am

Mozambique fuel tanker blast toll hits 73

The death toll from a petrol tanker blast in Mozambique has risen to 73, with dozens of people still being treated in hospital for severe burns, an official said Sunday. The explosion occurred last Thursday when people were trying to syphon off petrol fro

Published 21 Nov, 2016 12:00am

Russian spaceship delivers three astronauts to space station

Russia's Soyuz spacecraft arrived at the International Space Station on Saturday, carrying a European, a Russian and an American astronaut for a six-month mission at the orbiting outpost. "Capture confirmed," said a NASA commentator as the spacecraft dock

Published 21 Nov, 2016 12:00am

Pentagon, intelligence leaders seek NSA chief's removal

Top US military and intelligence leaders are pushing President Barack Obama to fire National Security Agency chief Admiral Michael Rogers, US media reported Saturday, even as Rogers is apparently being considered for a senior position in the Trump adminis

Published 21 Nov, 2016 12:00am

20 dead as Libya tribes clash 'after monkey incident'

More than 20 people were killed in fighting this week between rival tribes in southern Libya, a medical official said Sunday, in violence reportedly sparked by an incident involving a monkey. Witnesses said several homes were hit by rockets and shells in

Published 21 Nov, 2016 12:00am

70,000 homes without power in storm-hit France

Winds gusting to hurricane force left nearly 70,000 homes in western and north-western France without power Sunday, the national electricity grid Enedis said. The national weather agency Meteo France said winds powering to 160 kilometres (100 miles) per h

Published 21 Nov, 2016 12:00am

UN warns time 'running out' as fresh fighting hits Aleppo

The UN's envoy warned Sunday that time was "running out" for efforts to avoid a humanitarian catastrophe in Syria's war-battered Aleppo, as fresh fighting there killed at least eight schoolchildren. Staffan de Mistura met Foreign Minister Walid Muallem in

Published 21 Nov, 2016 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 12	278
USD PKR Interbank Buying / Nov 12	277.75
USD to Japanese Yen / Nov 13	154.83
USD to Swiss Franc / Nov 13	0.88
Pound Sterling to USD / Nov 13	1.27
Euro to USD / Nov 13	1.06

Stock	Volume
S&P 500 / Nov 12	5,983.99
India Sensex / Nov 12	78,675.18
Tokyo Nikkei / Nov 12	38,980.49
Nasdaq / Nov 12	19,281.40
Hang Seng / Nov 12	19,734.39
FTSE 100 / Nov 12	8,025.77
Dow Jones / Nov 12	43,910.98
Germany DAX 30 / Nov 12	19,033.64

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 12	18,085
Gold 10 Grams PKR / Nov 12	231,911
Petrol/Litre / Nov 13	248.38
Crude Oil USD/Barrel / Nov 13	68.31
Gold Spot USD/Ounce / Nov 13	2,611.56
Diesel/Litre / Nov 13	255.14

Stock	Price
786 Invest Ltd / Nov 13 786 Investments Limited(786)	6.55 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 13 Al-Abbas Sugar Mills Limited(AABS)	600 ▼ 0.00 (0.00%)
Agro Allianz / Nov 13 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 13 Ali Asghar Textile Mills Limited(AATM)	64.90 ▼ 0.00 (0.00%)
Allied Bank / Nov 13 Allied Bank Limited(ABL)	114.51 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 13 Abbott Laboratories (Pakistan) Limited(ABOT)	996.67 ▼ 0.00 (0.00%)
Abson Ind. / Nov 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 13 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 13 786 Investments Limited(786)	6.55 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 13 Al-Abbas Sugar Mills Limited(AABS)	600 ▲ 0.00 (0.00%)
Agro Allianz / Nov 13 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 13 Ali Asghar Textile Mills Limited(AATM)	64.90 ▲ 0.00 (0.00%)
Allied Bank / Nov 13 Allied Bank Limited(ABL)	114.51 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 13 Abbott Laboratories (Pakistan) Limited(ABOT)	996.67 ▲ 0.00 (0.00%)
Abson Ind. / Nov 13 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 13 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▲ 0.00 (0.00%)

Stock	Volume
Pak Int.Bulk / Nov 13 Pakistan International Bulk Terminal(PIBTL)	79,861,776 ▲ 0.00
K-Electric Ltd. / Nov 13 K-Electric Limited(KEL)	71,760,455 ▲ 0.00
Pak Refinery / Nov 13 Pakistan Refinery Limited(PRL)	56,364,168 ▲ 0.00
Sui South Gas / Nov 13 Sui Southern Gas Company Limited(SSGC)	45,537,793 ▲ 0.00
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	40,139,141 ▲ 0.00
Pak Elektron / Nov 13 Pak Elektron Limited(PAEL)	37,703,615 ▲ 0.00
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	28,322,891 ▲ 0.00
B.O.Punjab / Nov 13 The Bank of Punjab(BOP)	18,433,912 ▲ 0.00
The Searle Co. / Nov 13 The Searle Company Limited(SEARL)	17,718,419 ▲ 0.00

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