News Archives for Print - 2017-01-02

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Print - 2017-01-02

The Weather

The weather report on Sunday (December 25, 2016) and the forecast for Monday (December 26, 2016).

Published 02 Jan, 2017 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 02 Jan, 2017 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (December 26 to 30, 2016).

Published 02 Jan, 2017 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 02 Jan, 2017 12:00am

Co-operation for elimination of terror to continue: FO

Pakistan has reiterated its commitment to continue close co-operation with international community in its collective endeavours for elimination of terrorism.

Published 02 Jan, 2017 12:00am

Two terrorists held in Peshawar

Police have claimed that they have thwarted a major terror bid by arresting two terrorists belonging to the banned organisation and recovered huge cache of arms and ammunition from their possessions from Wahid Garhi area of Peshawar on Sunday. According t

Published 02 Jan, 2017 12:00am

Siraj says Muslim bloc should abandon UN

Chief of Jamaat-e-Islami (JI) Pakistan Senator Sirajul Haq has urged the Muslim bloc to abandon the so-called United Nations if the latter can not take any decision in the interest of 1.2 billion Muslims around the world. He also called for establishment

Published 02 Jan, 2017 12:00am

Nisar condemns woman's, daughter's incarceration in Indian prison

Federal Minister for Interior Chaudhry Nisar Ali Khan on Sunday took notice of the issue concerning a 'Pakistani mother and her four-year-old daughter being prisoners in a jail in Indian Occupied Kashmir since four years.

Published 02 Jan, 2017 12:00am

'More research needed in Solar Radiation Management,' says Andy Parker, SRMGI

Andy Parker is a research fellow at the Institute for Advanced Sustainability Studies and the project director for the SRM Governance Initiative (SRMGI). He has a background in climate policy and has worked on solar geo-engineering for over eight years, i

Published 02 Jan, 2017 12:00am

'More research needed in Solar Radiation Management,' says Andy Parker, SRMGI

Published 02 Jan, 2017 12:00am

Energy and water issues: no sign of conservation - II

Another serious water shortage issue covers even drinking water shortages for Karachi (and soon for Gwadar as demands grow). Karachi needs alternative water source for 20 million plus inhabitants and present Indus river source is too precarious! We need a

Published 02 Jan, 2017 12:00am

The talent aristocracy

Old aristocracies that ruled the world for 5000 years are dead or dying. King Farouk of Egypt, a serial playboy, lamented in 1952 "soon only 5 kings will be left in the world - the kings of Spades, Hearts, Diamonds, Clubs and the king of England". The Ari

Published 02 Jan, 2017 12:00am

Trump weighs in heavily on international policy

With his inauguration fast approaching, US president-elect Donald Trump has been actively engaging in foreign policy as if he were already in office.

Published 02 Jan, 2017 12:00am

Economic performance!

Foreign economists/analysts have long been regarded as much more credible compared to their domestic counterparts and while tall claims of formulating in-house domestic economic policies by finance ministers, economists or non-economists, past and present

Published 02 Jan, 2017 12:00am

NSG membership Wrangling

That the blatantly discriminatory draft proposal prepared by former NSG chairman Rafael Mariano Grossi for Nuclear Suppliers Group (NSG) membership - for which India and Pakistan applied at about the same time-is inspired purely by political consideration

Published 02 Jan, 2017 12:00am

Legislation on benami transactions

The Senate Standing Committee on Finance was finally able to approve on 29th December Benami Transactions (Prohibition) Bill, 2016 aimed against holding property in benami transactions with some minor amendments and award for whistleblowers. The approval

Published 02 Jan, 2017 12:00am

May calls for unity in 2017 after divisive Brexit vote

British Prime Minister Theresa May pledged in a New Year message on Sunday to seek a Brexit deal that would work for all Britons, not just those who voted to leave the European Union in a referendum she said had laid bare the nation's divisions.

Published 02 Jan, 2017 12:00am

New UN chief aims to make 2017 'a year for peace'

The new United Nations chief Antonio Guterres said Sunday he would like to make 2017 a year to "put peace first," in a message heralding the new year and marking his first day as the world body's chief.

Published 02 Jan, 2017 12:00am

Heavy police watch keeps Cologne calm on New Year's Eve

Police in the German city of Cologne said Sunday a heavy security presence on New Year's Eve prevented a repeat of last year's mass sexual assaults, while denying accusations of racial profiling.

Published 02 Jan, 2017 12:00am

Thousands march to protest bid to unseat Hong Kong lawmakers

Thousands of protesters, chanting "Sovereignty belongs to the people!" marched through Hong Kong on New Year's Day to protest at the government's legal bid to unseat some pro-democracy lawmakers.

Published 02 Jan, 2017 12:00am

Shooter kills at least 11 and himself at Brazil New Year's party

A gunman stormed a house party and killed at least 11 people and himself during New Year celebrations in the south-eastern Brazilian city of Campinas late on Saturday.

Published 02 Jan, 2017 12:00am

Hundreds of migrants try to storm border into Spain's enclave of Ceuta

Around 1,100 sub-Saharan African migrants tried to cross into Spain's North African enclave of Ceuta from Morocco on Sunday by storming a border fence, though most were eventually turned back, the Spanish government said.

Published 02 Jan, 2017 12:00am

Actor William Christopher, "MAS*H" chaplain, dies

William Christopher, who played the unassuming US Army chaplain, Father Mulcahy, struggling to bring spiritual comfort to an anarchic surgical unit during the Korean War on the long-running hit TV series "MAS*H," died on Saturday. He was 84.

Published 02 Jan, 2017 12:00am

Trump plans 'many big things' and lots more tweeting: spokesman

Donald Trump is planning to do "many big things" after being sworn in as president, his communications director said Sunday, adding that his boss has no intention to stop using Twitter.

Published 02 Jan, 2017 12:00am

Trump leaves open possible Taiwan meet, questions Russia Hacking

US President-elect Donald Trump on Saturday left open the possibility of meeting with Taiwan's president if she visits the United States after he is sworn in on January 20 and also expressed continued skepticism over whether Russia was responsible for com

Published 02 Jan, 2017 12:00am

Gambia leader accuses West African bloc of declaring war

Gambian leader Yahya Jammeh accused West African regional body ECOWAS of declaring war, after it said it was putting forces on alert in case he refused to step down at the end of his mandate this month. Jammeh, who has vowed to stay in power despite losin

Published 02 Jan, 2017 12:00am

China's Xi says won't let anyone make 'fuss' about its territory

China will never allow anyone to "make a great fuss" about its territorial sovereignty and maritime rights, President Xi Jinping said in his New Year's address, while China's top official in charge of Taiwan ties warned of risk ahead in 2017.

Published 02 Jan, 2017 12:00am

Chandio greets newly-elected KPC office-bearers

Chandio has congratulated all newly elected office bearers of Karachi, Larkana and Sukkur Press Clubs and said in a statement issued here that the newly elected office-bearers of these press clubs would follow the ethics of transparent journalism and woul

Published 02 Jan, 2017 12:00am

Bilawal greets Press Club's newly-elected office-bearers

Chairman Pakistan People's Party Bilawal Bhutto Zardari on Sunday extended felicitations to the newly-elected office-bearers of Karachi Press Club and hailed the members of Pakistan's oldest press club for upholding democratic transitions and commitment t

Published 02 Jan, 2017 12:00am

SECP's achievements in 2016 highlighted

At the start of the new year, the SECP chairman, Zafar-ul-Haq Hijazi, has outlined the SECP's achievements of the outgoing year, saying that 2016 was an year of great achievements for the organisation because of the advancement of capital market and devel

Published 02 Jan, 2017 12:00am

Peshawar landmine blast kills member of levies

A levies personnel was killed in a landmine explosion in Malik Banda area of Mamool in Bajaur Agency on Sunday. According to the political administration, the incident took place in Maik Banda area of Mamool in Bajaur Agency where a roadside explosion kil

Published 02 Jan, 2017 12:00am

Insurance Ombudsman's jurisdiction, functions defined by SECP

The Securities and Exchange Commission of Pakistan (SECP) has clearly defined jurisdiction, functions and powers of Insurance Ombudsman, who would be empowered to investigate matters pertaining to the insurance companies under draft Insurance Bill 2016.

Published 02 Jan, 2017 12:00am

Insurance Ombudsman's jurisdiction, functions defined by SECP

Published 02 Jan, 2017 12:00am

KP PPP to mark Bhutto's 88th birth anniversary

Khyber Pakhtunkhwa chapter of PPP has decided to celebrate the birthday anniversary of the founding chairman Shaheed Zulfikar Ali Bhutto in befitting manner across the province. The decision was taken in a meeting held here at Provincial Secretariat with

Published 02 Jan, 2017 12:00am

AD Khawaja back from 'forced leave' on January 3

Sindh Inspector General (IG) Allah Dino Khawaja's forced leave is due to end on January 2. According to details, he will be resuming his duties from January 3. A D Khawaja was sent on forced leave on December 19 after which the responsibilities of Sindh I

Published 02 Jan, 2017 12:00am

KP Assembly passes law on regulation of boilers, pressure vessels

Khyber Pakhtunkhwa Assembly has passed draft of bill to regulate boilers and pressure vessels in the province. After the passage the bill has been sent to Governor for assent.

Published 02 Jan, 2017 12:00am

Seven projects to be completed under CPEC in KP: Khattak

Khyber Pakhtunkhwa Chief Minister Pervez Khattak has said that seven projects will be completed in the province under China Pakistan Economic Corridor. Talking to newsmen in Nowshera the other day, he said the projects include laying of double rail track

Published 02 Jan, 2017 12:00am

Over 300 Kashmiris killed in 2016

In Occupied Kashmir, Indian troops in their unabated acts of state terrorism martyred over three hundred innocent Kashmiris during the year 2016. According to Kashmir Media Service, 39 of those martyred were killed in custody. The killings by the troops r

Published 02 Jan, 2017 12:00am

Famous artworks showed early signs of disease: study

Brushstrokes in paintings could help early diagnosis of neurodegenerative diseases, according to a study published on Thursday of works by famous sufferers such as Salvador Dali and Willem De Kooning.

Published 02 Jan, 2017 12:00am

Weight loss surgery tied to lasting digestive issues

A common weight loss surgery is associated with long-term gastrointestinal problems and food intolerance, a recent study suggests. Researchers examined data on 249 extremely obese patients who had what's known as laparoscopic Roux-en-Y gastric bypass, whi

Published 02 Jan, 2017 12:00am

Stopping Ebola in its tracks: which vaccine will do it?

Forty years after emerging in what is today the Democratic Republic of Congo, the Ebola virus may finally have met its match in a vaccine which could be "up to 100 percent effective", according to its makers.

Published 02 Jan, 2017 12:00am

Web-based therapy relieves insomnia

Web-based therapy for insomnia is an effective option that could reach "previously unimaginable numbers of people," researchers suggest. Although cognitive behaviour therapy for insomnia (CBT-I) is the first-line treatment for adults with chronic insomnia

Published 02 Jan, 2017 12:00am

Drinking water crisis hits Indian Ocean island

The Indian Ocean island of Mayotte has been forced to impose severe water restrictions on tens of thousands of people due to the late arrival of seasonal rains.

Published 02 Jan, 2017 12:00am

Brain wave: using sound to diagnose concussion

From blows to the head on the sports field, to car crashes and playground falls, concussion is a common brain injury notoriously difficult to diagnose - until now, researchers said on Thursday. A US-based team unveiled a fast, portable and reliable test m

Published 02 Jan, 2017 12:00am

Fighting Haiti's cholera outbreak requires more funds: UN

The cholera outbreak that hit Haiti after Hurricane Matthew slammed the island has been contained but persists due to lack of funding, according to the United Nations. An epidemic of the waterborne disease - which spread after a massive earthquake shook t

Published 02 Jan, 2017 12:00am

New York Times surpasses 100 million views on Facebook Live

Presidential politics and celebrity interviews helped The New York Times Co surpass 100 million views for its Facebook Live videos, the company said on Wednesday.

Published 02 Jan, 2017 12:00am

Avoid dull snapshots: tips for taking stunning pictures

Smartphone cameras have seen dramatic improvements, but technology alone won't produce shots that grab attention. That's where the human eye comes in. Here are eight tips to keep in mind when composing that shot, whether of family during the holidays or s

Published 02 Jan, 2017 12:00am

'Samsung Elec likely to procure phone batteries from LG Chem'

Samsung Electronics Co Ltd is in talks with LG Chem Ltd to make it one of its smartphone battery suppliers, the Chosun Ilbo newspaper said on Monday - a move that would diversify its supplier base after the failure of its Galaxy Note 7. Samsung Electronic

Published 02 Jan, 2017 12:00am

Smartphone-obsessed Finns rank tops in screen time

On the crowded morning metro in Helsinki, silence prevails. Everyone is hunched over their smartphone screens, reading the news, checking emails or watching videos.

Published 02 Jan, 2017 12:00am

Hubble Connected to showcase integration of breakthrough IoT technologies at CES

Hubble Connected, the cloud-based platform from Binatone for the Emotional Home, announces several new innovations at CES that redefine the consumer experience within their emotional world. HUGO, the world's first truly intelligent smart camera will be un

Published 02 Jan, 2017 12:00am

Twitter unveils 360-degree live video

Twitter on Wednesday began streaming 360-degree video, allowing users to interact and get behind the scenes of live broadcasts. "Starting today, you can check out live, interactive 360 videos from interesting broadcasters and explore what's happening with

Published 02 Jan, 2017 12:00am

Currency

Twitter users ask to add edit button to fix spelling, grammar errors

Adding an edit button for users to fix spelling and grammar errors was the most-requested feature of the responses to Twitter as to what's the most important thing users want to see from the social-media service, according to a report by the Wall Street J

Published 02 Jan, 2017 12:00am

Abu Dhabi bourse to introduce short-selling in first quarter 2017: CEO

Abu Dhabi's stock market plans to introduce covered short-selling in the first quarter of 2017, its chief executive said on Monday, as it seeks to boost liquidity and attract more foreign investors. In covered short-selling, investors borrow shares and se

Published 02 Jan, 2017 12:00am

Emirates receives first Rolls-Royce powered A380 engine

Emirates, the world's biggest long-haul airline, has taken delivery of its first Rolls-Royce engine-powered Airbus A380 superjumbo and has resolved its dispute with the engine maker over a technical issue. The A380 jet arrived in Dubai on Thursday morning

Published 02 Jan, 2017 12:00am

Corporate makeovers drive corporate takeovers in 2016 M&A bonanza

A telecommunications carrier seeks to become a TV network and movie studio owner. A major software company acquires one of the world's largest social networks. A smartphone maker snaps up a manufacturer of internet-connected audio speakers for cars. In 20

Published 02 Jan, 2017 12:00am

Amazon calls 2016 holiday season its best ever

Amazon.com Inc said it shipped more than 1 billion items world-wide this holiday season, which the top online retailer called its best ever, and its shares rose 1.6 percent in afternoon trade.

Published 02 Jan, 2017 12:00am

L'Oreal steps up investments in digital start-ups

French cosmetics giant L'Oreal said on Tuesday it was investing in an early stage fund managed by private equity firm Partech Ventures, making its second investment in digital and technology start-ups in less than a year.

Published 02 Jan, 2017 12:00am

Oman raises telecom firms' royalty payments in revenue push

Oman's telecommunications companies will pay a royalty to the government of 12 percent of revenues in 2017, the country's Capital Market Authority said in a bourse statement on Thursday, citing a letter from the Telecommunication Regulatory Authority.

Published 02 Jan, 2017 12:00am

Panasonic to invest over $256 million in Tesla's US plant for solar cells

Panasonic Corp will invest more than 30 billion yen ($256 million) in a New York production facility of Elon Musk's Tesla Motors to make photovoltaic (PV) cells and modules, deepening a partnership of the two companies. Tesla's shares were up 3.5 percent

Published 02 Jan, 2017 12:00am

Battle lines forming for Tata legal showdown

As India's biggest corporate showdown heads from the boardroom to the courtroom and brings in a Who's Who of the country's legal profession, ousted Tata Sons chairman Cyrus Mistry vows a multi-layered battle for governance reforms at the $100 billion cong

Published 02 Jan, 2017 12:00am

Nomura sees opportunities from Trump's pro-business agenda

Nomura Holdings Inc sees opportunities in the pro-business stance of US president-elect Donald Trump, though his protectionist tilt brings uncertainty to the global economy, said the chief of Japan's biggest brokerage and investment bank.

Published 02 Jan, 2017 12:00am

Djokovic still the biggest rival, says Murray

World number one Andy Murray insisted Sunday that Novak Djokovic will remain his biggest threat in 2017, as the pair prepare for a potential first clash of the season in Doha this week. Newly-knighted Murray, speaking ahead of the first round of the Qatar

Published 02 Jan, 2017 12:00am

Brisbane International: Battling Cornet topples seventh seed

Frenchwoman Alize Cornet battled back from losing the first set to overcome seventh seeded Russian Elena Vesnina in the opening round of the Brisbane International on Sunday.

Published 02 Jan, 2017 12:00am

IOC refuses to lift Kuwait sports ban

The International Olympic Committee (IOC) has rejected a call by the Kuwaiti government to temporarily lift a 14-month sports ban while the Gulf State amends a controversial law. World sports bodies led by the IOC and football governing body FIFA suspende

Published 02 Jan, 2017 12:00am

European broadcaster believes in Olympic gold

The cost of Olympic television rights may look hair-raising but Eurosport is confident it will get back the 1.3 billion euros ($1.4 billion) it laid out to get European rights, according to its chief executive.

Published 02 Jan, 2017 12:00am

ZTBL win Suzuki Vitara Polo Cup 2016

ZTBL clinched the Suzuki Vitara Polo Cup 2016 trophy after trouncing Pebble Breakers by 81/2-3 in the final played here at the Lahore Polo Club (LPC) ground on Sunday.

Published 02 Jan, 2017 12:00am

Kane and Alli strike twice as Tottenham crush Watford

Tottenham Hotspur steamed into the top four as Harry Kane marked his 100th Premier League appearance with a double in a 4-1 thrashing of a woeful Watford on Sunday.

Published 02 Jan, 2017 12:00am

Giroud's scorpion stunner stings Palace

Olivier Giroud stole the show as the Arsenal striker's outrageous "scorpion kick" stung Crystal Palace and inspired his side's 2-0 win at the Emirates Stadium on Sunday.

Published 02 Jan, 2017 12:00am

USA thrash Czechs in Hopman Cup opener

The United States opened their Hopman Cup campaign in style with a 3-0 win over the Czech Republic in Perth on Sunday. The American pair of Jack Sock and Coco Vandeweghe won both their singles matches to clinch the tie, and then made it a clean sweep with

Published 02 Jan, 2017 12:00am

Ponting joins Australia's interim coaching team

Former captain Ricky Ponting has become the third ex-international to take on an interim coaching role with the Australian Twenty20 team next month. Ponting will join fellow assistant Jason Gillespie and Justin Langer (head coach) for the Twenty20 series

Published 02 Jan, 2017 12:00am

Australia double up on spin as Misbah ponders

Australia have one eye on India and Pakistan could be contemplating life without their most successful captain Misbah-ul-Haq when the final 'dead' Test begins on Tuesday in Sydney. Steve Smith's Australians wrapped up the three-match series with a Test to

Published 02 Jan, 2017 12:00am

Carnegie Deli, a New York institution, closes its doors

For 79 years it reigned as a New York culinary institution: the Carnegie Deli, frequented by locals and visitors for its ginormous sandwiches, and immortalised in the Woody Allen movie "Broadway Danny Rose."

Published 02 Jan, 2017 12:00am

Tanzania's president sacks head of power firm over tariff hike

Tanzanian President John Magufuli sacked the head of the state-run electricity company on Sunday after the firm put up tariffs, a move the president said would stymie his plans to industrialise the east African country.

Published 02 Jan, 2017 12:00am

Swiss favour close EU ties over immigration curbs

Swiss voters would rather maintain close economic ties with the European Union than adopt immigration curbs that could jeopardise Switzerland's access to the EU single market, a survey published on Sunday showed.

Published 02 Jan, 2017 12:00am

Oman 2017 state budget projects smaller deficit, continued austerity

A 2017 state budget plan released by Oman's government on Sunday projected a smaller deficit but maintained tight curbs on spending because of low oil prices, which are hurting state revenues.

Published 02 Jan, 2017 12:00am

Libya's oil production rises to 685,000 barrels per day

Libya was producing 685,000 barrels of oil per day (bpd) on Sunday, up from around 600,000 a day last month, an official from the National Oil Corporation (NOC) said. Output has risen after a two-year blockade was lifted two weeks ago on major pipelines l

Published 02 Jan, 2017 12:00am

Israeli banks to begin reporting on foreigners' accounts

Israeli financial institutions will have to start sending details of foreigners' bank accounts to the authorities by the end of 2017, as part of a global push to boost tax collection, the Finance Ministry said on Sunday.

Published 02 Jan, 2017 12:00am

Spanish economy may have beaten 3.2 percent goal in 2016

Spain's economic growth may have exceeded the 3.2 percent pace officially projected by the government for 2016, Economy Minister Luis de Guindos said in a radio interview on Sunday. De Guindos also said Spain would be looking to maintain its net debt issu

Published 02 Jan, 2017 12:00am

Deutsche Bank chairman rules out European merger

Deutsche Bank Chairman Paul Achleitner has ruled out a European merger or a state bailout after the lender's mortgage settlement with the US Department of Justice, Frankfurter Allgemeine Sonntagszeitung reported. The bank, Germany's biggest, last week ann

Published 02 Jan, 2017 12:00am

State Bank of India cuts lending rate by 90 bps across maturities

State Bank of India, the country's biggest lender by assets, said on Sunday it had cut its lending rates by 90 basis points for maturities ranging from overnight to three-year tenures, after experiencing a surge in deposits.

Published 02 Jan, 2017 12:00am

Rwanda's economic growth slows

Rwanda's economy grew by 5.2 percent in the third quarter of last year, down from 5.4 percent in the second quarter and 5.9 percent in the same period in 2015, according to data published by the statistics office. The central African nation has posted soa

Published 02 Jan, 2017 12:00am

Argentina set to increase telecoms competition

Argentina will loosen regulations in the telecommunications sector in a bid to increase competition among providers and modernise the country's internet service, a government source with knowledge of the situation told Reuters on Friday.

Published 02 Jan, 2017 12:00am

French car market hits five-year high

Sales of new cars in France rose 5.1 percent last year, breaching the symbolic threshold of two million vehicles for the first time since 2011, the French automakers' association CCFA said Sunday.

Published 02 Jan, 2017 12:00am

Central bank adviser calls for flexible 2017 growth target

The Chinese government should set a more flexible target for economic growth this year to give more space for reform efforts, a central bank adviser told the official Xinhua news agency in comments published on Sunday.

Published 02 Jan, 2017 12:00am

China manufacturing growth slows

Manufacturing activity in China slowed slightly in December, official figures showed Sunday, as the world's second largest economy stabilises. The official purchasing managers' index (PMI), which gauges conditions at factories and mines, came in at 51.4 i

Published 02 Jan, 2017 12:00am

Currency

Indian stock market outlook downgraded as banknotes ban hits economy

India's benchmark BSE Sensex index is expected to rise next year but it may not scale record highs predicted a few months back, a Reuters Poll showed, mainly because Prime Minister Narendra Modi's shock currency ban is seen knocking economic growth in the

Published 02 Jan, 2017 12:00am

Currency

Trump-fuelled dollar rally set to continue

The US dollar rally is likely to continue into the coming year on expectations that President-elect Donald Trump's proposed reflationary economic policies will force the Federal Reserve to raise interest rates more quickly, according to a Reuters poll.

Published 02 Jan, 2017 12:00am

Saudi index rises, Oman hit by higher telecommunications tax

Saudi Arabia's stock market rose on Sunday with much activity focusing on second- and third-tier stocks rather than blue chips, while Oman's bourse was dragged down by a higher tax on telecommunications companies.

Published 02 Jan, 2017 12:00am

US acting as global policeman for financial crimes

Handing out multibillion-dollar fines right and left to domestic and foreign financial giants, the United States has taken on the role of the unforgiving global cop of the business world.

Published 02 Jan, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 78.70-78.70 (previous 78.70-78.70).

Published 02 Jan, 2017 12:00am

Canada stocks seen adding to rally in 2017

Canada's main stock index is expected to extend this year's hefty gains in 2017, a Reuters poll found, although stock market strategists said they are concerned about the outcome of the US election and potential threats to global trade. The Toronto S&P/TS

Published 02 Jan, 2017 12:00am

Currency

Brave investors rake big returns on Brazil stocks in 2016; uncertain 2017

It was a surprisingly great year for investors brave enough to put money in Brazilian stocks, even though the country spent 2016 floundering through its worst recession in a century and rocked by political instability.

Published 02 Jan, 2017 12:00am

Stockpickers, nursing losses despite market's bull run, look to 2017

Financial pundits shouted about record high levels for the stock market in 2016, but for actively managed stock mutual funds there was another record, one they would rather keep quiet: the largest amount of net withdrawals ever recorded.

Published 02 Jan, 2017 12:00am

Italian debt costs fall amid country's banking crisis

Italian borrowing costs fell at the final bond auction of the year on Thursday in a sign of resilient investor appetite for the country's debt as the government prepares to rescue ailing bank Monte dei Paschi di Siena and other weak lenders.

Published 02 Jan, 2017 12:00am

Wall Street week ahead: investors brace for 2017 shocks after surprise 2016 run

After a late-year rally fuelled by the US election pushed stocks to surprising new peaks, investors are wary that the market could be primed for a spill to start 2017.

Published 02 Jan, 2017 12:00am

South Korea's Park emerges from seclusion, denies wrongdoing in scandal

South Korea's impeached President Park Geun-hye on Sunday broke a month-long silence over her alleged role in a corruption scandal, publicly denying charges of wrongdoing and saying that the accusations against her were "fabrication and falsehood."

Published 02 Jan, 2017 12:00am

Optimism in DR Congo as deal reached to end political crisis

The new year in one of Africa's most troubled countries began in a burst of optimism Sunday after rival groups agreed a deal for hauling DR Congo out of a perilous political crisis.

Published 02 Jan, 2017 12:00am

North Korea's Kim says close to test launch of ICBM

North Korean leader Kim Jong Un said on Sunday that the isolated nuclear capable country was close to test-launching an intercontinental ballistic missile (ICBM). North Korea tested ballistic missiles at an unprecedented rate during 2016, although some ex

Published 02 Jan, 2017 12:00am

Legendary cartoon artist Tyrus Wong dies

Legendary animation artist Tyrus Wong, whose evocative sketches were used to create Disney's groundbreaking "Bambi" cartoon, has died at the age of 106, the company said. "Tyrus Wong had a gift for evoking incredible feeling in his art with simple, gestur

Published 02 Jan, 2017 12:00am

Syria clashes test fragile truce

Fighting in parts of Syria on Sunday threatened a shaky cease-fire brokered by Russia and Turkey, whose efforts to kick-start talks towards ending the conflict won backing from world powers. The nation-wide truce between the regime and non-jihadist rebels

Published 02 Jan, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Karachi Cotton PKR/37.32 KG / Nov 15	18,085
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Petrol/Litre / Nov 16	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 16 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 16 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 16 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 16 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 16 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 16 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 16 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 16 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 16 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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