News Archives for Print - 2017-01-20

Print - 2017-01-20

Taiwan stocks dip

Taiwan stocks fell on Thursday along with overseas markets as investors remained anxious ahead of US President-elect Donald Trump's inauguration on Friday.

Published 20 Jan, 2017 12:00am

Southeast Asian stocks were subdued on Thursday as comments from Federal Reserve Chair Janet Yellen hinted at steady interest rate hikes in 2017 and US President-elect Donald Trump's inauguration on Friday kept investors anxious.

Published 20 Jan, 2017 12:00am

Zodiac Aerospace rockets after Safran bid, European shares retreat

European stocks dipped on Thursday, though Zodiac Aerospace's shares surged after a take-over offer by France's Safran and Moneysupermarket.com also jumped after it reported strong results.

Published 20 Jan, 2017 12:00am

Currency

Dollar holds steady in Asia

The dollar kept broad gains against its major rivals on Thursday, after rebounding sharply overnight on comments by Federal Reserve Chair Janet Yellen suggesting U.S interest rates could be raised quickly this year. The dollar's rise, however, was tempere

Published 20 Jan, 2017 12:00am

Currency

Yellen speech bolsters dollar in Europe

The dollar held firm against most of its major rivals on Thursday after Federal Reserve Chair Janet Yellen promised a "few" rises in U.S interest rates this year, halting its worst run in five months.

Published 20 Jan, 2017 12:00am

Currency

Early trade in New York: dollar climbs after solid US data, ECB meeting

The dollar climbed on Thursday as solid US data reinforced a theme of robust US economic growth, while the euro fell after European Central Bank chief Mario Draghi alluded to sagging inflation and the need for further monetary policy assistance. The euro

Published 20 Jan, 2017 12:00am

Currency

Dollar rises in New York as Yellen remarks suggest quick rate hikes

The dollar rose on Wednesday, boosted by comments from Federal Reserve Chair Janet Yellen that suggested the US central bank was ready to raise overnight interest rates quickly in the coming year.

Published 20 Jan, 2017 12:00am

Bangladesh's interbank forex rates

Inter-bank buy/sell rates for the taka against the dollar on Thursday. 78.95-78.95 (previous 78.93-78.95).

Published 20 Jan, 2017 12:00am

Currency

Sri Lankan rupee weakens

The Sri Lankan rupee ended weaker on Thursday for a second day due to dollar demand from importers as the market braced for further declines in the local currency in the absence of intervention from the country's central bank, dealers said.

Published 20 Jan, 2017 12:00am

Currency

Asian currencies slip

Most Asian currencies fell against the dollar on Thursday after comments by Federal Reserve Chair Janet Yellen bolstered expectations for US interest rates to head higher this year. With the US economy close to full employment and inflation headed toward

Published 20 Jan, 2017 12:00am

Currency

Pound pounces on soft euro, keeps dollar at bay

The pound took advantage of a cautious-sounding European Central Bank head Mario Draghi on Thursday to hit a 10-day high against the euro, and stabilised against the dollar after a rollercoaster few days of Brexit-related swings.

Published 20 Jan, 2017 12:00am

Aussie, kiwi fall

The Australian and New Zealand dollars came off multi-week peaks on Thursday as their US counterpart staged a sharp rebound after Federal Reserve Chair Janet Yellen suggested US interest rates could rise quickly this year. The Australian dollar was sittin

Published 20 Jan, 2017 12:00am

Mövenpick tennis tournament 2017 begins

Mövenpick Hotel Karachi has always been committed to provide exposure to less promoted promising activities in the city. One such example is the tennis sport, which has very good players not only in Karachi but all across Pakistan who have not been given

Published 20 Jan, 2017 12:00am

Ageless Lucic-Baroni sends Radwanska packing

Ageless Mirjana Lucic-Baroni turned back the clock to stun third seed Agnieszka Radwanska and send her packing from the Australian Open in round two on Thursday. The Croat, 34, who won the Australian Open doubles title way back in 1998, was too good for t

Published 20 Jan, 2017 12:00am

Djokovic suffers huge shock, Serena serene

Novak Djokovic suffered arguably the biggest defeat of his career when he crashed out of the Australian Open to 117th-ranked Uzbek Denis Istomin on Thursday, extending his mystifying slump in form. With Istomin inspired, the defending champion sent down 7

Published 20 Jan, 2017 12:00am

Man City complete Jesus transfer

Brazilian starlet Gabriel Jesus has formally completed his move to Manchester City from Palmeiras, the Premier League club announced on Thursday. City agreed to sign Jesus on a five-year contract in August, but the 19-year-old was immediately loaned back

Published 20 Jan, 2017 12:00am

Ma's Alibaba and IOC in digital partnership

The International Olympic Committee (IOC) and Alibaba founder Jack Ma announced on Thursday a partnership in which the organisers of the Olympic Games will rely on the Chinese e-commerce titan for a digital upgrade. The partnership was announced at the Wo

Published 20 Jan, 2017 12:00am

Saint Petersburg unveils Euro 2020 logo

UEFA president Aleksander Ceferin said Thursday he had no security fears as Russia's second biggest city Saint Petersburg unveiled its Euro 2020 host city logo. Saint Petersburg is one of 13 European cities that will stage matches for the continental tour

Published 20 Jan, 2017 12:00am

Yuvraj, Dhoni blitz hands India ODI series

Veterans Yuvraj Singh and Mahendra Singh Dhoni turned back the clock with blistering centuries to set up India's series clinching 15-run win against England in the second one-day international in Cuttack on Thursday.

Published 20 Jan, 2017 12:00am

New Zealand warn no let-up in bouncer barrage

Bangladesh have been warned to expect a fresh barrage of short-pitched deliveries when the second Test against New Zealand starts in Christchurch on Friday.

Published 20 Jan, 2017 12:00am

Smith century makes Pakistan pay for mistakes

Pakistan was left lamenting missed chances after Australia capitalised on their errors to win the one-day international in Perth on Thursday by seven wickets, with skipper Steven Smith scoring a century. Pakistan made 263 for seven after being sent to bat

Published 20 Jan, 2017 12:00am

New Gambia president demands army loyalty

Gambia's new President Adama Barrow demanded "loyalty" from the armed forces Thursday as he took the oath of office in Senegal in a stand-off with Yahya Jammeh, the long-time leader refusing to step down after his election defeat.

Published 20 Jan, 2017 12:00am

Kenya university teachers follow doctors in nationwide strike

University lecturers in Kenya began a strike over pay Thursday, joining doctors who walked out in early December, crippling the country's healthcare. The strike was called by the Universities Academic Staff Union (UASU) to protest government failure to im

Published 20 Jan, 2017 12:00am

Six Britons killed in Saudi road crash

Six British nationals have been killed and several more injured in a road crash in Saudi Arabia, Britain's foreign ministry said on Thursday. "We are supporting the families of six British people who have sadly died following a road accident in Saudi Arab

Published 20 Jan, 2017 12:00am

Nato sees sharp rise in state-backed cyber attacks: Stoltenberg

Nato chief Jens Stoltenberg on Thursday said the alliance is coming under an increasing number of state-sponsored cyber attacks as he called on the bloc to boost its online defence capabilities. "According to our latest evaluations, there was a monthly av

Published 20 Jan, 2017 12:00am

'Lambada' singer found dead in Brazil

The singer of Latin pop hit "La Lambada", Loalwa Braz, was found dead Thursday in a burned-out car in her native Brazil, police and media said. Braz provided the sensual lead vocals for the international hit song released by French group Kaoma in 1989. A

Published 20 Jan, 2017 12:00am

One day to go: Trump heads to Washington

With one day to go before he takes the oath of office as the 45th US president, Donald Trump arrives in Washington Thursday determined to transform US politics over the next four years. The Republican billionaire launched the day with a short burst of his

Published 20 Jan, 2017 12:00am

'Fake news' didn't change US election outcome: study

"Fake news" probably did not change the outcome of the US presidential election, according to a study of news consumption by voters. The study bolsters arguments by Facebook chief Mark Zuckerberg, who has sought to deflect criticism that the huge social n

Published 20 Jan, 2017 12:00am

Iraq forces clear east Mosul

Iraqi forces battled the last holdout jihadists in east Mosul Thursday after commanders declared victory there and quickly set their sights on the city's west, where more tough fighting awaits. The announcement that the left bank of the Tigris River that

Published 20 Jan, 2017 12:00am

Many feared dead as Italy avalanche buries hotel

Several children were among the missing Thursday after a devastating avalanche buried an Italian mountain hotel with more than 25 people believed to be trapped inside. The prospects of anyone being rescued alive from the ill-fated Hotel Rigopiano looked b

Published 20 Jan, 2017 12:00am

'Dozens' of IS fighters killed in US strikes in Libya: US official

American B-2 stealth bombers and armed drones have attacked two Islamic State military camps in Libya, killing "dozens" of jihadists near their former bastion of Sirte, an official said Thursday.

Published 20 Jan, 2017 12:00am

20 dead in high-rise collapse in Iran

Tehran's mayor said more than 20 firefighters had been killed when the city's oldest high-rise collapsed following a fire on Thursday. "So far, more than 20 of our colleagues in the fire brigade have lost their lives rescuing others," mayor Mohammad Baghe

Published 20 Jan, 2017 12:00am

Cotton

Cotton inches higher in subdued trading

ICE cotton futures edged higher on Wednesday, after hitting a near two-week low in the previous session, as cautious trading ensured the market stayed within a tight range. "There isn't much to go on right now. Yesterday, it looked like the funds moved a

Published 20 Jan, 2017 12:00am

Shanghai copper rises

The most-traded copper contract on the Shanghai Futures Exchange rose 0.39 percent to 46,730 yuan ($6,805) a tonne on Thursday as expectations of steady growth in China helped the red metal along with positive US economic signals. ShFE aluminium was 0.04

Published 20 Jan, 2017 12:00am

Copper down, aluminium slips from May 2015 high

Aluminium retreated from a 20-month high on Thursday as investors booked profits and on expectations that its prolonged rally will be brought to a halt by increasing supply. Benchmark aluminium on the London Metal Exchange closed 0.5 percent lower at $1,8

Published 20 Jan, 2017 12:00am

Tokyo rubber pares gains

Benchmark Tokyo rubber futures pared gains by close of trade on Thursday after Thailand planned to sell rubber from state stockpiles to ease shortages following flash floods that hit the country's main production region.

Published 20 Jan, 2017 12:00am

Rotterdam vegetable oil prices

Thursday's Rotterdam vegetable oil prices at 1700 GMT:

Published 20 Jan, 2017 12:00am

Rotterdam vegetable oil prices

Thursday's Rotterdam vegetable oil prices at 1700 GMT:

Published 20 Jan, 2017 12:00am

Palm oil falls on weaker soyaoil, seen range-bound

Malaysian palm oil futures fell for a second consecutive session on Thursday, hit by weaker US soyaoil and a failure to break the previous session's intraday high, dealers said, forecasting further range-bound trading, pending new leads.

Published 20 Jan, 2017 12:00am

Currency

New York cocoa falls on strong dollar, technicals lift sugar

New York cocoa futures slid on Thursday as a strong dollar and ample supplies offset strong Asian grind data, while raw sugar rose to a two-month high on technical buying. March New York cocoa futures were down 1.84 percent, or $41, at $2,192 a tonne at 1

Published 20 Jan, 2017 12:00am

Gold slips in New York

Gold retreated on Wednesday from the previous day's eight-week high as data showing the biggest pick-up in US consumer prices in 2-1/2 years lifted the dollar and US Treasury yields.

Published 20 Jan, 2017 12:00am

Gold down in Asia

Gold prices were down on Thursday on a strong dollar after Federal Reserve Chair Janet Yellen advocated lifting US interest rates gradually. Spot gold was down 0.1 percent to $1,202 per ounce by 0600 GMT, after dropping to as much as $1,197.31. The bullio

Published 20 Jan, 2017 12:00am

Gold steadies in Europe

Gold steadied on Thursday after suffering its biggest fall in more than a month in the previous session on Federal Reserve chair Janet Yellen's indication that the US central bank would press ahead with interest rate increases.

Published 20 Jan, 2017 12:00am

Rains in Argentina miss south-east Buenos Aires soya areas

The heavy rains that pelted parts of Argentina over the weekend did not reach the southeastern part of the bread-basket province of Buenos Aires, where dryness is threatening to dent soyabean production, local farm weather experts said on Monday.

Published 20 Jan, 2017 12:00am

Oil edges up off one-week low as IEA sees tighter market

Oil prices edged higher on Thursday, but swelling US crude stockpiles limited the rebound from a one-week low after the International Energy Agency said oil markets had been tightening even before cuts agreed by OPEC and other producers took effect.

Published 20 Jan, 2017 12:00am

US MIDDAY: wheat lower, corn up

Wheat futures on the Chicago Board of Trade fell early on Thursday for a second straight session on technical selling and profit-taking after the March contract this week set a 2-1/2-month high, traders said. Chicago Board of Trade corn futures closed mod

Published 20 Jan, 2017 12:00am

US MIDDAY: gold falls

Gold fell early on Thursday as the dollar and US bond yields surged after strong US economic data and support from Federal Reserve Chair Janet Yellen for higher US interest rates. Better than expected jobs and housing data reinforced the view that the US

Published 20 Jan, 2017 12:00am

Violation of traffic rules on the rise

In connivance with the corrupt officials of traffic police, violation of traffic rules and regulations by drivers of cars, rickshaws, motorcycles, trucks, buses and mini buses etc. are on the rise in the city. It has become a normal practice for the drive

Published 20 Jan, 2017 12:00am

World Bank to provide Rs 48.5 billion loan to PIPIP

The World Bank will provide Rs 48.5 billion loan to Punjab government for 'Punjab Irrigated-Agriculture Productivity Improvement Project (PIPIP)' at an estimated cost of Rs 80.2 billion to improve irrigation technology including drip/sprinkler irrigation

Published 20 Jan, 2017 12:00am

ATC issues red warrants for Altaf Hussain

A local anti-terrorism court (ATC) on Thursday issued red warrant for founder of Muttahida Quami Movement (MQM) and ordered his arrest. According to details, the court directed the arrest of the MQM founder with the help of Interpol. The court also issued

Published 20 Jan, 2017 12:00am

Bill Gates lauds efforts against polio

American business magnate and founder of Microsoft, Bill Gates called on Prime Minister Nawaz Sharif, here on Thursday. Bill Gates appreciated the tremendous successes made by Pakistan in polio eradication. He said the Pakistani government has worked dili

Published 20 Jan, 2017 12:00am

Raheel Sharif at Davos

The PAKISTAN BREAKFAST in Davos during the World Economic Forum's (WEF) annual meetings since 2002 is now known as the traditional PAKISTAN BREAKFAST. The President of Pakistan, the Prime Minister or a prominent Pakistani personality is usually the Chief

Published 20 Jan, 2017 12:00am

'Pakistan is cautiously back on the global investment radar,' says Chief Executive, International, ANZ

Farhan Faruqui, currently serving with ANZ Bank as the first ever Asian member of their Executive Board. Prior to joining ANZ, Farhan had a long association with Citibank spanning over 20 years, heading several African and Central European countries, with

Published 20 Jan, 2017 12:00am

'Pakistan is cautiously back on the global investment radar,' says Chief Executive, International, ANZ

Published 20 Jan, 2017 12:00am

Bank Al Habib Limited declares PLS profit rate

The Bank Al Habib Limited has declared the rates of profit on PLS deposits for the half year ended December 31, 2016:

Published 20 Jan, 2017 12:00am

Bank Al Habib Limited declares PLS profit rate

The Bank Al Habib Limited has declared the rates of profit on PLS deposits for the half year ended December 31, 2016:

Published 20 Jan, 2017 12:00am

National Bank declares PLS profit rate

The National Bank has declared the rates of profit on PLS deposits for the half year ended December 31, 2016:

Published 20 Jan, 2017 12:00am

National Bank declares PLS profit rate

The National Bank has declared the rates of profit on PLS deposits for the half year ended December 31, 2016:

Published 20 Jan, 2017 12:00am

November & December 2016: over 6000 new vehicles registered under DVRS

Over 6,000 vehicles were registered under Dealer Vehicle Registration System (DVRS), through as many as 23 registered dealers online in the districts of Lahore, DG Khan, Rawalpindi and Multan during the months of November and December 2016.

Published 20 Jan, 2017 12:00am

90 percent power load shedding to end by year-end: secretary

Secretary of the Ministry of Water and Power Mohammad Younus Dagha visited the Multan Chamber of Commerce and Industry (MCCI) for an interactive session with the members. He was welcomed by MCCI President Khawaja Jalaluddin Roomi.

Published 20 Jan, 2017 12:00am

Patient dies after being kicked by doctor?

A patient died on the floor in Allama Iqbal Memorial Hospital on Wednesday night after getting kicked by the doctor.

Published 20 Jan, 2017 12:00am

LCCI chief opens Pakistan Coating Show

Lahore Chamber of Commerce and Industry (LCCI) President Abdul Basit has inaugurated the three-day Annual Pakistan Coating Show 2017, held here at the International Expo Centre to showcase the latest products and foster new technologies for the industry.

Published 20 Jan, 2017 12:00am

SPFC to play vital role in commercial forestry

South Punjab Forest Company (SPFC) will play an instrumental role in the overall development of commercial forestry on modern scientific lines and purely on marketable basis.

Published 20 Jan, 2017 12:00am

USAID celebrates citrus exports

US Consul General Yuriy Fedkiw and Indonesian Ambassador to Pakistan Iwan Suyudhie Amri participated in the announcement of the harmonisation of Indonesia's import calendar with the Pakistani Kinnow export season, thereby increasing trade of this commodit

Published 20 Jan, 2017 12:00am

EU to continue to support Tevta

The European Union (EU) will continue its support to the Technical Education and Vocational Training (TEVTA) Punjab for the promotion of technical and vocational education and training (TVET system) with a special focus on equipping youth people with bett

Published 20 Jan, 2017 12:00am

HIMS to be installed in tertiary & DHQ hospitals

The Punjab government has decided to install Health Information Management System (HIMS) in the tertiary and DHQ hospitals of the province, in a bid to improve performance of the hospitals, to prepare database of patients and to maintain inventory of medi

Published 20 Jan, 2017 12:00am

PTEA lauds performance of outgoing FBR chairman

While commenting on the economic situation, here on Thursday, Chairman Pakistan Textile Exporters Association (PTEA) Ajmal Farooq and Vice Chairman Naeem lauded the steps taken by the finance team especially the outgoing Chairman FBR Nisar Muhammad Khan i

Published 20 Jan, 2017 12:00am

HESCO CEO issues directives for recovery campaign

According to HESCO spokesperson, Secretary Water & Power Muhammad Younus Dhaga gave special directives during his visit to HESCO to improve the system and eliminate power theft from entire region. Therefore, HESCO Chief Executive Officer (CEO) Asadullah i

Published 20 Jan, 2017 12:00am

Currency

IBA Centre conducts International Forum on unlocking Islamic Finance Potential in CPEC

IBA Centre for Excellence in Islamic Finance, Karachi, Pakistan conducted an International Forum on Unlocking Islamic Finance Potential in CPEC and beyond on the 17th of January, 2017 to critically analyse and discuss the possibilities of Islamic Financin

Published 20 Jan, 2017 12:00am

ABL ATMs to be installed at PSO outlets nationwide

Country's largest oil marketing company Pakistan State Oil (PSO) and Allied Bank Limited (ABL) have signed an agreement to facilitate deployment of ABL ATMs at PSO stations nationwide. The agreement was signed by Ghulam Murtaza Sheikh, Deputy General Mana

Published 20 Jan, 2017 12:00am

ABL ATMs to be installed at PSO outlets nationwide

Published 20 Jan, 2017 12:00am

PALPA concerned at delay in decision over salary structure

Pakistan Air Lines Pilot Association (PALPA) has expressed concern over the delay in deciding the salary structure of the pilots by the PIA board. In a letter addressed to the acting chairman PIAC, the president PALPA Captain Hamza informed that arbitrary

Published 20 Jan, 2017 12:00am

PIA implements ERP solution to upgrade systems

PIA has implemented the Enterprise Resource Planning (ERP) solution to upgrade its existing systems with the aim to provide better operational control and decision support to the airline.

Published 20 Jan, 2017 12:00am

PC organises 'Moroccan Food Festival'

The Pearl Continental Hotel Karachi, with great zeal and enthusiasm, puts forward various cultural and literary, festivities and celebrations of international accord all the year around, providing its guests with pleasant, fun-filled and memorable experie

Published 20 Jan, 2017 12:00am

Minister rejects demand for more winter vacations

Sindh Minister for Education, Jam Mehtab Hussain Dahar on Thursday excused from announcing further winter vacations in cold weather because of loss of education. He stated this while responding to a request of Opposition Leader in the Sindh Assembly, Khaw

Published 20 Jan, 2017 12:00am

New aircraft inducted in SAI's fleet

Shaheen Air International (SAI) inducted a new aircraft Airbus A319 in its fleet at a ceremony held here on Thursday. Speaking on the occasion, SAI chairman Kashif Sehbai said: "This is a momentous day for the Shaheen Air family as we unveil our new brand

Published 20 Jan, 2017 12:00am

SHC orders removal of Ayyan's name from ECL

The Sindh High Court (SHC) on Thursday directed authorities to remove model Ayyan Ali's name from the Exit Control List (ECL). Justice Naimatullah Phulpoto issued a short order on an application filed by the model regarding removal of her name from ECL.

Published 20 Jan, 2017 12:00am

Morocco ambassador calls for exchange of delegations

Ambassador of Morocco Mohmed Karmoune has said that exchange of trade delegation between his country and Pakistan is essential to identify the trade potential for the expansion of bilateral trade. He expressed these views at Federation of Pakistan Chamber

Published 20 Jan, 2017 12:00am

'PML-N is nervous in Punjab'

Advisor to Sindh Chief Minister Moula Bux Chandio has said that Pakistan Muslim League- Nawaz (PML-N) is nervous after Bilawal Bhutto Zardari's political activities in Punjab. Talking to the media on Thursday, Chandio said, PPP will go to all no-go areas

Published 20 Jan, 2017 12:00am

PARTLY FACETIOUS: Imran too frequently visits London

"Why don't we learn to apply the same principles on others as we would they apply unto us?" "Are you crazy? Your choice of words is reminiscent of the Biblical exhortation which is do unto others what you would have others do unto you. We are Muslims and.

Published 20 Jan, 2017 12:00am

Clarification

This is apropos a news item carried by Business Recorder on January 19, 2017, stating that "Temasek Holdings of Singapore to leave employees and minority shareholders of NIB Bank high and dry". "We would like to clarify that Fullerton Financial Hol

Published 20 Jan, 2017 12:00am

PTC celebrates posting of Dr Irshad as acting FBR chief

Pakistan Taxation Club (PTC), Karachi on Thursday celebrated the posting of Dr Muhammad Irshad, Member Inland Revenue (Operations) as Acting Chairman Federal Board of Revenue (FBR). The cake cutting ceremony was held at Regional Tax Office-II, Karachi her

Published 20 Jan, 2017 12:00am

Senate body approves bill

The Senate Standing Committee on Law and Justice on Thursday approved 'The Constitution (Amendment) Bill, 2016' with some amendments under which Supreme Judicial Council would be bound to decide a reference within 90 days.

Published 20 Jan, 2017 12:00am

Imran fails to achieve desired objectives: PML-N leaders

The leaders of Pakistan Muslim League-Nawaz (PML-N) have claimed that Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan has failed to achieve his desired objectives in the Panamagate case on the basis of 'false and fabricated' allegations.

Published 20 Jan, 2017 12:00am

Illicit tobacco/cigarettes trade: RTO Rawalpindi works out strategy

Regional Tax Office (RTO) Rawalpindi Thursday worked out a detailed strategy for combating illicit tobacco/cigarettes trade within its jurisdiction i.e. civil Districts Rawalpindi, Jhelum, Chakwal and Attock. According to sources, a major enforcement acti

Published 20 Jan, 2017 12:00am

Plane crash: ex-air chiefs summoned by Senate body

The Senate Committee on Rules of Procedure and Privileges has summoned three retired air marshals, who had served as chairmen Civil Aviation, for a briefing on the PIA plane crash near Havelian, Abbottabad. The Senate Committee on Rules of Procedure and P

Published 20 Jan, 2017 12:00am

NA body for ensuring greater sanctity of holy verses

The National Assembly Standing Committee on Government Assurances has directed the Ministry of Information, Ministry of Religious Affairs and Inter-faith Harmony and Council of Islamic Ideology (CII) to sit together and come up with a workable solution to

Published 20 Jan, 2017 12:00am

CJ takes three suo motu notices

Chief Justice of Pakistan Justice Mian Saqib Nisar Thursday took three suo motu notices, seeking reports from authorities concerned in various matters. The Chief Justice took suo motu notice over dysfunctional ventilators at Services Hospital Lahore, and

Published 20 Jan, 2017 12:00am

NAB chief reviews progress on Monitoring & Evaluation System

Qamar Zaman Chaudhry, Chairman NAB chaired a meeting to review latest progress on NAB's Monitoring and Evaluation System (MES) at NAB Headquarter. In line with the initiatives of Chairman NAB, MES was introduced in NAB Headquarter and NAB's Regional Burea

Published 20 Jan, 2017 12:00am

Women's rights: Babar underscores need for delineating broad-based charter

Senator Farhatullah Babar of Pakistan Peoples Party Parliamentarians (PPPP) on Thursday proposed that the report of the National Commission on the Status of Women (NCSW) on the Qisas (retribution) and Diyat (blood money) Law, prepared sometimes back, shou

Published 20 Jan, 2017 12:00am

Bio-Energy Company importing 5 machines to convert biomass into power

The Punjab Bio-Energy Company is importing five machines to convert the biomass available in the province into power besides creating awareness among the farmers not to destroy remnants of their crops instead supply it to the company and earn money.

Published 20 Jan, 2017 12:00am

Pakistan, Norway to focus on trade and investment sectors

Pakistan and Norway on Thursday vowed to focus on trade, investment and development co-operation in a bid to further expand their bilateral relations. This was the outcome of the meeting held between Prime Minister Nawaz Sharif and her Norwegian counterpa

Published 20 Jan, 2017 12:00am

Hi-Tec Autoparts (Pvt) Ltd: Load Limited incorporates wholly-owned subsidiary

Load Limited has incorporated a wholly owned subsidiary under the name and style of "Hi-Tec Autoparts (Private) Limited". It was announced in material information sent to Pakistan Stock Exchange on Thursday. The principle purpose of business is to manufac

Published 20 Jan, 2017 12:00am

PK-661 crash: PIA announces Rs 5 million to heirs of each passenger

Pakistan International Airlines (PIA) has announced to pay Rs 5 million compensation to the legal heirs of each passenger, martyred in the tragic air crash of PK-661 on December 7, 2016. According to official announcement, the amount of Rs 5 million payab

Published 20 Jan, 2017 12:00am

Trump takes oath today: Pakistan looking forward to closely working with new US admin

Foreign Office said Thursday that Pakistan is looking forward to closely work with the new US administration in pursuit of common ideals of freedom, democracy and prosperity, as Donald Trump will take the oath of his office today (Friday) as 45th Presiden

Published 20 Jan, 2017 12:00am

Plan to smuggle heroin to Sharjah foiled

The Airport Security Force (ASF) foiled a bid to smuggle five hundred gram heroin filled in capsules and arrested an accused at airport here on Thursday. The ASF sources said that during search of a passenger leaving for Sharjah through private airline fl

Published 20 Jan, 2017 12:00am

Uro-Gynea Center established in LGH

In order to provide total medical solution for all complications related to women health including maternity, ovaries and bladder under one roof, a Uro-Gynea Center for outdoor patients has been established at Lahore General Hospital.

Published 20 Jan, 2017 12:00am

LDA issues instructions for builders

The Lahore Development Authority has issued a detailed set of instructions for the builders in order to ensure safety of labour and the general public during construction work. The LDA has also warned that any lapse on the part of a builder in complying w

Published 20 Jan, 2017 12:00am

Rangers' policing powers extended in Karachi for 90 days

The Ministry of Interior on Thursday notified extension in Rangers' special policing powers in Karachi for another three months, with effect from January 16. A senior official of the Ministry of Interior said the Interior Ministry has notified extension i

Published 20 Jan, 2017 12:00am

FDI's inflow declines 61 percent in power sector in 5 months

Foreign Direct Investment (FDI) inflow in the power sector has declined by 61 percent and in oil and gas exploration by 50 percent during the first five months of the current fiscal year compared to the same period of last fiscal year as per data presente

Published 20 Jan, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 8	277.70
USD PKR Interbank Buying / Oct 8	277.45
USD to Japanese Yen / Oct 8	148.02
USD to Swiss Franc / Oct 8	0.85
Pound Sterling to USD / Oct 8	1.31
Euro to USD / Oct 8	1.10

Stock	Volume
S&P 500 / Oct 8	5,695.94
India Sensex / Oct 8	81,561.53
Tokyo Nikkei / Oct 8	38,930.78
Nasdaq / Oct 8	17,923.91
Hang Seng / Oct 8	21,370.60
FTSE 100 / Oct 8	8,199.23
Dow Jones / Oct 8	41,954.24
Germany DAX 30 / Oct 8	18,976.93

Item	Value
Crude Oil USD/Barrel / Oct 8	75.84
Karachi Cotton PKR/37.32 KG / Oct 8	18,485
Gold 10 Grams PKR / Oct 8	236,715.30
Gold Spot USD/Ounce / Oct 8	2,646.05
Cotton US¢/pound / Oct 8	72.58
Petrol/Litre / Oct 9	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 9 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 9 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 9 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 9 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 9 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 9 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 9 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 9 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 9 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 9 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 9 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 9 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 9 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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