Hong Kong markets fell on Tuesday, weighed down by energy shares as oil prices dropped on doubts that producer cartel Opec would hammer out an output cut this week. Investors' risk appetite was also curbed by a lacklustre performance in global equity mark

US Treasury yields fell on Monday from last week's highs on month-end buying and views that a selloff that followed the surprise US presidential election victory of Donald Trump may have gone too far. Analysts said demand for US government bonds, which ty

US Treasury yields fell on Monday from last week's highs on month-end buying and views that a selloff that followed the surprise US presidential election victory of Donald Trump may have gone too far. Analysts said demand for US government bonds, which ty

Indian shares rose on Tuesday after the central bank said lenders had received 8.45 trillion rupees ($123.05 billion) in deposits, absorbing a substantial amount of the 500 and 1,000 rupee notes that were declared worthless earlier this month. The amount

China's blue-chip CSI300 index on Tuesday rose seventh straight day to strike an 11-month high, with big-cap industry leaders easily outperforming growth stocks. The blue-chip CSI300 index rose 0.8 percent, to 3,564.04 points, while the Shanghai Composite

European shares rose slightly on Tuesday, helped by a strong rebound in Italian banks, while reports of a improved takeover offer sent Swiss biotech Actelion rallying to a fresh all-time high. Italy's bank index rose 4.1 percent, helped by a Reuters repor

Australian shares ended a touch lower on Tuesday as investors adopted a cautious stance after a weak Wall Street finish weighed on regional markets, with losses in the materials sector tugging on the main index. The S&P/ASX 200 index closed 0.13 percent,

Southeast Asian stocks ended largely lower on Tuesday as overnight weakness on Wall Street and doubts over a production cut by major oil exporters kept risk appetite in check. Indonesia recovered from previous session's losses to climb 0.4 percent, driven

Britain's top share index fell on Tuesday, underperforming other European markets as energy and mining stocks were hit by weaker oil and metals prices. The blue-chip FTSE 100 index, which is more heavily weighted towards commodity-related stocks than cont

The dollar clawed back some losses on Tuesday as Italian political woes weighed on the euro, though the greenback remained shy of recent highs after US Treasury yields stepped back from multi-month highs. Volatile crude oil prices ahead of this week's oil

The dollar gained ground against the yen on Tuesday after a roller-coaster 24 hours which traders say may just be a precursor to three weeks of risk-packed events for the $5 trillion a day currency market. Widely expected to rise next year on Donald Trump

The dollar fell on Tuesday as the greenback consolidated its position against most major currencies following a roller-coaster 24 hours which traders say may just be a precursor to three weeks of risk-packed events including the Federal Reserve's December

The dollar fell on Monday along with US Treasury yields, surrendering some gains from the sharp rally following Donald Trump's surprise victory in the US presidential election. The greenback had surged more than 4 percent against a basket of currencies in

The Sri Lankan rupee ended slightly higher on Tuesday, as late exporter dollar sales surpassed importer demand for greenbacks amid fears that economic policies of US President-elect Donald Trump could lead to a rise in the dollar and trigger foreign fund

Most emerging Asian currencies weakened on Tuesday on views that the dollar's weakness in the last few sessions won't last long, but China's yuan hit a one-week high as state-owned banks stepped in to buy the currency for a second day. Regional units star

Inter-bank buy/sell rates for the taka against the dollar on Tuesday. 78.71-78.72 (previous 78.68-78.72).

Sterling bounced back against both the dollar and the euro on Tuesday, keeping the currency firmly in the $1.23-$1.26 range it has held for the past two weeks in the absence of new concerns over how Britain will leave the European Union. The pound got a s

The Australian dollar paused on Tuesday after soaring commodity prices propelled it to a two-week high, though it was still on track for its worst monthly performance since May. The Australian dollar held steady at $0.7487, following three consecutive ses

All the seeded players won their respective matches in the first round of the 1st Nayza All-Pakistan Open Tennis Championship 2016 here at the PLTA tennis courts on Tuesday. Pakistan No 1 player Aqeel Khan played well against Barkat Ullah and thrashed him

Ravindra Jadeja's sparkling allround performance floored England and handed India an unbeatable 2-0 lead after they cantered home to a comprehensive eight-wicket win in the third Test on Tuesday. Top-ranked India surpassed the 103-run target in the final

A probe has been launched into allegations by a player that he was asked to fix matches during the latest scandal-hit Bangladesh Premier League Twenty20 tournament. The Bangladesh Cricket Board (BCB) said it would investigate after Rangpur Riders player J

Former Asian champions Urawa Reds edged out Kashima Antlers 1-0 away in the first match of the two-legged J-League final on Tuesday, moving a step closer to a spot at the prestigious Club World Cup. Following a scoreless first half, midfielder Yuki Abe sc

Barry's outclassed Lahori Badshahi by 9-21/2 in the inaugural match of the Lieutenant General Shah Rafi Alam Memorial Polo Cup 2016 played here at the Lahore Polo Club (LPC) ground on Tuesday. Hamza Mawaz Khan was hero of the day, who splendidly guided Ba

Norway's Anti-Doping Agency on Tuesday called for a 14-month suspension against cross-country skier Therese Johaug, a seven-time world champion, after she failed a September drug test. The request will now be forwarded to an arbitration body at the Norweg

Bejligar Club Mardan took berth into the final of the Khyber Pakhtunkhwa Regional Inter-Club Hockey Championship after defeating Khadium Club Bannu in a thrilling semi-final played here at Lala Ayub Hockey Stadium on Tuesday. Besides the semi-final match

Over 40 percent of the world's professional footballers have experienced delayed payment of wages, according to a wide-ranging survey published by global players' union FIFPro on Tuesday. In the survey, carried out by the University of Manchester, 41 perc

The Punjab governor presented a Golf-Sponsorship award to Samsung for successfully organizing the Naval Chief Golf Tournament in Lahore. Samsung has a tradition of promoting healthy social and cultural activities and interactive events for the masses, Man

Hudur A won the 2nd Wapda Polo tournament by defeating Thak A with 8-6 goals in the final match of the event. Wapda organised this 8-day tournament as part of its corporate social responsibility under the auspices of its Diamer Basha Dam Organisation, as

New Zealand took nine wickets in a dramatic final session of the second Test against Pakistan to win by 130 runs in Hamilton on Tuesday and sweep the series 2-0. It was New Zealand's first series win over Pakistan since 1985 and a relieved captain Kane Wi

Ukraine on Tuesday unveiled the world's largest moveable metal structure over the Chernobyl nuclear power plant's doomed fourth reactor to ensure the safety of Europeans for future generations. The gigantic arch soars 108 metres (355 feet) into the sky -

The UN said Tuesday that its food agency had postponed the start date for a controversial post handed to a former Peruvian first lady who is facing money-laundering charges at home. The UN Food and Agriculture Organization "postponed the assumption of fun

Fighting between Iraqi troops and Islamic State militants has cut water supplies across a large part of Mosul, where poorer families are already struggling to feed themselves, and a local official said the increasingly encircled city was in crisis.

South African President Jacob Zuma survived an attempt to oust him from office only after a "robust" and "difficult" debate within the ruling ANC party, an official said Tuesday. Zuma has been weakened by corruption allegations, but his supporters were ta

Palestinian president Mahmud Abbas's Fatah re-elected him party head Tuesday as the movement opened its first congress since 2009 with talk mounting of who will eventually succeed the 81-year-old. Abbas was re-elected by consensus, party spokesman Mahmud

Sri Lankan police on Tuesday arrested a top Tamil warlord on corruption charges nearly two years after the defeat of his main ally, former president Mahinda Rajapakse. Police said the Financial Crimes Investigation Division arrested Vinayagamoorthy Murali

Afghanistan's army said one of its top commanders was killed Tuesday when a military helicopter crashed in the western Afghan province of Badghis. General Mohayedin Ghori commanded the 207th Corps and was one of the six regional commanders of the Afghan a

Turkish President Recep Tayyip Erdogan on Tuesday said his country has not yet given up on its ambition to join the European Union but has "many other alternatives" if the stalled process goes nowhere. "We have not yet closed the European Union book right

US President-elect Donald Trump on Tuesday nominated a fierce Obamacare critic as health secretary, indicating he plans to fulfill a campaign promise to tear up the divisive healthcare reform law. Tom Price, a congressman from Georgia and former orthopedi

Ugandan prosecutors charged a tribal king with murder Tuesday, accusing him of backing a separatist militia in his kingdom where weekend fighting between his guards and security forces left at least 87 people dead. The Rwenzururu King Charles Wesley Mumbe

The complete score of Gustav Mahler's Second Symphony was sold in London for £4.5 million on Tuesday, a record for a musical manuscript, Sotheby's auction house said. The handwritten 232-page score includes the composer's deletions, alterations and annota

The Pentagon said Tuesday that intelligence errors resulted in a US-led coalition air strike in Syria in September that reportedly killed around 90 Syrian government forces. There were "errors in the development of intelligence, as well as missed opportun

The Syrian government offensive to recapture rebel-held parts of Aleppo sparked international alarm on Tuesday, with the UN saying nearly 16,000 people had fled the assault and more could follow. France called for an immediate UN Security Council session

The Karachi Metropolitan Corporation (KMC) will launch 100-day 'City Clean Campaign' from December 1, 2016. Speaking at a press conference held at KMC Old Building on Tuesday, Mayor Karachi Waseem Akhtar said that civic body is going to launch a 100-day '

Chairman Pakistan People's Party (PPP) Bilawal Bhutto Zardari on Tuesday asked the former party leaders to rejoin PPP and carry forward the mission for a democratic Pakistan envisioned by Shaheed Zulfikar Ali Bhutto. Bilawal's message came a day after his

Business Community has expressed full confidence that New Army Chief would come out gracefully and honourably from these crisis and would raise the image of the armed forces like General Raheel Sharif, play a leading role in accelerating the image of Paki

Sitara Energy Limited (SEL) was incorporated in 1991 with commercial operations starting in October 1995. The company deals in generation and distribution of electricity with the head office based in Karachi. The power plant is located at Tehsil Jaranwala

Sitara Energy Limited (SEL) was incorporated in 1991 with commercial operations starting in October 1995. The company deals in generation and distribution of electricity with the head office based in Karachi. The power plant is located at Tehsil Jaranwala

Punjab Assembly here on Tuesday in its 25th session could not deliberate on its agenda due to lack of quorum. The session was marred by absence of legislators. In an earlier session Law Minister Rana Sanaullah had reprimanded legislators to be punctual in

US-Pakistan Centre for Advanced Studies in Agriculture and Food Security (USPCAS-AFS), University of Agriculture Faisalabad has opened a Community Outreach Centre at Chak No 189 RB Rasoolpur, Chak Jhumra, Faisalabad. The Centre, aimed at providing the con

Central Chairman Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA), Ijaz A Khokhar has disclosed that delegation of Italian businessmen including President Association of Italian Textile Machinery Manufacturers (ACMIT) is visiti

The All Pakistan Textile Mills Association (APTMA) on Tuesday threatened to close mills from December 6, in case the federal government remains unable to announce the textile package to bring the industry out of crisis and to solve the issue of disparity

The Board of Directors of Lahore Division cattle market committee approved the alternate place for the cattle market at Southern Loop of Ring Road, Lahore. The Board also decided to buy 277 acres of land for the market. The decision was taken in the secon

18th Annual General Meeting (AGM) of Faisalabad Electric Supply Company (FESCO) Board of Directors (BoD) held here at FESCO Headquarters. Chief Executive Officer (CEO) FESCO Rashid Ahmed Aslam presided over the meeting. CEO FESCO appreciated the efforts o

Inspector General of Police (IGP) Punjab Mushtaq Ahmed Sukhera on Tuesday directed all the police officers to collect data of the visitors who come to meet their relatives in jails so that the department could be able to nab criminals as well as their fac

The Lahore Chamber of Commerce and Industry has urged the Punjab Food Authority to stop sudden raids on ghee and vanaspati manufacturing units and draw standard operating procedures (SOPs) as businessmen are in deep trouble due to raids being conducted by

The outbreak of eczema can be avoided and the severity of this skin disorder can be lessened by avoiding excessive bathing and all types of contact irritants including antiseptic soaps, detergents and cleansing agents. Clothing next to the body should be

"There is a dire need to promote harmony, forgiveness, patience and brotherhood as per injection of Islam keeping in view that tolerance is declining in the society," said renowned anchorperson and Islamic scholar Syed Bilal Qutab.

Pakistan Peoples Party leadership from all the provinces has arrived in the town to attend the 49th Foundation Day celebrations. Chairman PPP Bilawal Bhutto will deliver the inaugural speech at the Bilawal House in the afternoon that would be followed by

The Founding Day of PPP this year is being celebrated under the leadership of Chairman Bilawal Bhutto Zardari in a manner to make it not only an occasion of festivities but also of stock taking, reorganization and soul searching in a frank and free exchan

The Environment Protection Department (EPD) Punjab has launched a crackdown against the factories involved in preparation of polythene shopping bags having less than 15 micron weight in violation of the Polythene Bag Ordinance 2002. The departmental teams

National Bank of Pakistan distributed prizes to its Remittance Customers who used NBP services to receive their remittance payments. The Prize Distribution Ceremony was held in a 5 star hotel in Lahore on Tuesday where Motor Bikes, LCD TVs, Gold Bars, Lap

A large number of Young Doctors in Multan staged a protest and took out a rally on Tuesday against the central induction policy. While raising slogans against Punjab government the doctors said that the central induction policy by provincial government ha

The Federal Ombudsman of Pakistan Tuesday directed the ministries of Finance and Information Technology and AGPR to finalise the automation of E-pension system to address the ordeals of pensioners at the earliest. Hafiz Ahsaan Ahmad Khokhar, Senior Advise

The Federal Ombudsman of Pakistan Tuesday directed the ministries of Finance and Information Technology and AGPR to finalise the automation of E-pension system to address the ordeals of pensioners at the earliest. Hafiz Ahsaan Ahmad Khokhar, Senior Advise

Represen-tative of United Nations Industrial Development Organisation in Pakistan, Esam Alqararah has said the Unido has been working extensively to launch a campaign on green industries and bring the gender aspects in green industrial policy to attention

Speakers at a national conference on Tuesday called up on the policy makers to go for the adaptability option in the rapidly changing socio-economic sectors for the security of decreasing water and shrinking farming sources. They said Pakistan was one of

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has said that CPEC has enhanced the strategic importance of Khyber Pakhtunkhwa and asked for realignment and need assessment for the incoming investment in the new and emerging situation in the entire belt.

A memorandum of understanding for Collaborative Bio-risk Management Initiative (CBMI) was signed between Dairy Science Park (DSP), Khyber Medical University (KMU), the University of Agriculture, Peshawar (AUP), and Higher Education Commission of Pakistan

Unshaken by the rise in US interest rates, Pakistan's equity market continues to beat India's market by a wide margin. In the last twelve months, Global X MSCI + Pakistan ETF was up 16 percent, beating India's and China's comparable ETF's, which were in n

A parliamentary panel on Tuesday decided to verify the domiciles of 95 employees of Pakistan International Airline (PIA) belonging to the Federal Administered Tribal Areas (Fata) from their respective parliamentarians. The Senate Functional Committee on G

Finance Minister Ishaq Dar Tuesday called for expediting the process of promotion of Islamic banking in the country. He said the existing Islamic banking products should be promoted and work on the introduction of new products in the market should be prio

The Government of Japan, Japan International Cooperation Agency (JICA) and the United Nations Children's Fund (UNICEF) on Tuesday signed an agreement of Japanese Yen 404 million (US $4 million) grant for the project for the Control and Eradication of Poli

The Islamabad Police Tuesday claimed to have arrested a three-member gang allegedly involved in kidnapping a 17-year-old boy, besides recovering the abductee safely. According to police, Sheikh Ahmed Faraz, a resident of Ittefaq Town of sector G-12, locat

The Directorate General of Customs Valuation Karachi has revised customs values on the import of different specifications of polyester spun yarn and viscose spun yarn for assessment of duties and taxes from China, Thailand, Indonesia, India and Vietnam or

The Directorate General of Customs Valuation Karachi has revised customs values on the import of different specifications of polyester spun yarn and viscose spun yarn for assessment of duties and taxes from China, Thailand, Indonesia, India and Vietnam or

The Securities and Exchange Commission of Pakistan organized a two-day seminar for faculty members at COMSATS Institute of Information Technology under its initiative of educating current and potential investors.

Prime Minister Nawaz Sharif has said that load shedding will be a reference of history as the government is exploring new power generation projects on micro as well as mega levels to ensure sustained and uninterrupted electricity for the future generation

The '5th National Rescue Challenge' started at Emergency Services Academy (Rescue 1122) on Tuesday with a resolve to enhance professional skills of emergency services.

About 128 companies have submitted on-line applications for investment in mineral sector of Khyber Pakhtunkhwa while in these nine companies have shown their keenness in large scale mining exploration in the province.

The Central Development Working Party has prioritized health sector by approving five health projects worth Rs 22.7 billion. The meeting was chaired by Minister for Planning, Development and Reform Professor Ahsan Iqbal and was attended by senior officers

The revenue of Pakistan Railways will touch Rs 40 billion mark by next June against the target of Rs 36 billion, while it has already reached Rs 32 billion in June 2016 from Rs 18 billion in 2013. Minister for Railways Khawaja Saad Rafique informed this t

Women rights activists have expressed grave concern over the increasing cases of honour killing in Khyber Pakhtunkhwa, and demanded of the provincial government to expedite legislation process for address women issues on priority basis in the province.

"Mian sahib seems visibly relaxed!"

The Trade Development Authority of Pakistan (TDAP) in collaboration with Pakistan Customs Authorities has developed a sophisticated online Certificate of Origin Repository System for the issuance of Certificates of Origin under Electronic Data Exchange (E

Vice President Pakistan People's Party (PPP), Senator Sherry Rehman Tuesday voiced dismay over the country's alarming debt accumulation under this government and its refusal to hold itself accountable. The Senator said, "This is not the way democratic ins

Sindh Agriculture University (SAU), Tandojam in collaboration with Human Rights Commission of Pakistan (HRCP) organised the debate competition on Tuesday. The theme: should human rights education be part of our curriculum. More than 300 students participa

Pakistan is a country lagging behind its neighbours in successful family planning, population control and maternal mortality rate. It is said that by 2025, which is 8 years away, the population will increase to 227 million. That is a scary number consider

National Disaster Management Authority has launched a pilot project of Pakistan School Safety Framework (PSSF) under which the disaster management training will be provided to 68 selected schools from across the country.

FWBL Customer Week with the theme Hum Haazir Hein (at your service), commences on Tuesday. The week-long campaign is being celebrated across all 24 cities of FWBL branches nation-wide, with great enthusiasm, commitment and team spirit. The program will br

The Met Office on Tuesday forecast a cloudy weather for upcountry with light rain and snowfall in mountainous areas in the next 24 hours. It said that shallow foggy conditions were likely to prevail over plain areas of Punjab and Upper Sindh during mornin

Allied Bank Limited (ABL) on Tuesday announced an agreement with Xoom, a PayPal service and leading digital money transfer provider, to deliver a new service that will offer ABL customers the ability to pick-up cash remittances sent from loved ones in the

President Mamnoon Hussain, congratulating General Zubair Mahmood Hayat on his appointment as Chairman, Joint Chiefs of Staff Committee, on Tuesday hoped that the country would benefit from his professional acumen and expertise. The president said this whi

Model Customs Collectorate (MCC) preventive on Tuesday said it seized 650 grams of white heroin from a Nigerian passenger at departure lounge of Jinnah International Airport. According to details, the staff posted at airport spotted a Nigerian passenger n

Speakers at a seminar have praised the federal government for initiating the step to bring positive changes in the Federally Administered Tribal Areas (FATA). The seminar on 'future of governance reform in Fata' was organised by Fata Research Centre (FRC)

Taking another step towards modernisation of learning, Institute of Bankers Pakistan (IBP) has launched 'eLearning Management' portal to enhance the skills of bankers across the country. Addressing the launching ceremony of eILM, Hussain Lawai, Chief Exec

The government has decided to invite foreign seed companies to overcome cotton seed shortage and increase yield after getting legal protection through proposed "Plant Breeders' Right Bill." The Senate last week passed the 'Plant Breeders' Right Bill' and

An Anti-Terrorism Court (ATC) of Karachi on Tuesday approved plea to close case of recovery of arms from Azizabad area of Karachi. In a report presented to administrative judge of the ATC, Sindh Police admitted their failure in catching criminals who stor

Technical Education and Vocational Training Authority (TEVTA) will send its five experts to participate in 5th International House Keeping Olympic Games Antalya-Turkey to be held from 13th to 22nd January, 2017. Selection of these experts is being finalis

A ceremony has revealed that Jacobabad's residents understand and are willing to address their water, sanitation and hygiene needs in a sustainable manner. This is evident from their willingness to pay for safe drinking water and other basic services afte

Opposing the Sindh Assembly's legislation against the forced conversion of religion, Jamaat-e-Islami (JI) Tuesday termed it unconstitutional and against the Charter of the United Nations. Addressing a press conference, JI Chief Sirajul Haq said that passa