News Archives for Print - 2017-03-13

Fillon under scrutiny over cash for bespoke suits

Conservative French presidential hopeful Francois Fillon, already dogged by a fake jobs scandal, faced new scrutiny Sunday over a mystery benefactor reportedly paying for his bespoke suits.

Published 13 Mar, 2017 12:00am

Motorways witness 820 mishaps in last two years

In spite of strict enforcement of rules against careless driving and adoption of remedial measures, around 820 accidents did occur during the last two years (2015 & 2016) on Motorways.

Published 13 Mar, 2017 12:00am

South Korea impeached former president leaves Blue House

South Korea's impeached ex-president Park Geun-Hye left the Blue House Sunday, issuing an apology for not completing her full term as she arrived back at her private residence. Park vacated the presidential complex, accompanied by tight security, two days

Published 13 Mar, 2017 12:00am

Plan for olive cultivation chalked out

Punjab government has chalked out a well-knitted-five-year plan for the promotion of Olive crop in the province. Official sources told Business Recorder on Sunday that under the plan special attention will be accorded on scientific cultivation of o

Published 13 Mar, 2017 12:00am

Dozens injured in Georgia riot

Nearly two dozen people were hospitalised Sunday in Georgia's Black Sea port of Batumi after police used tear gas and rubber bullets against hundreds of stone-throwing rioters, local media reported. The violent clashes reportedly followed a spontaneous pr

Published 13 Mar, 2017 12:00am

'Pak-China cooperation to promote industry: Ahsan

Minister for Planning, Development and Reforms Ahsan Iqbal has said that industrial cooperation between Pakistan and China would result in promotion of local industry and production capacity.

Published 13 Mar, 2017 12:00am

Saudi king arrives in Tokyo for four-day visit

Saudi Arabia's King Salman arrived in Tokyo Sunday, making the first visit to Japan by a monarch from the oil-rich nation in nearly five decades. The 81-year-old king, who was greeted by Japan's Crown Prince Naruhito at Haneda airport, will meet Prime Min

Published 13 Mar, 2017 12:00am

PPIB convenes meeting of enraged IPPs today

Private Power Infrastructure Board (PPIB), an arm of Ministry of Water and Power, has convened a meeting of enraged Independent Power Producers (IPPs) on Monday (today) to sort their issues highlighted in the media last week.

Published 13 Mar, 2017 12:00am

Russian private security firm says it had armed men in east Libya

A force of several dozen armed private security contractors from Russia operated until last month in a part of Libya that is under the control of regional leader Khalifa Haftar, the head of the firm that hired the contractors told Reuters.

Published 13 Mar, 2017 12:00am

Development projects: centre yet to release funds for Foreign Affairs, Textile industry

The federal government has yet to release funds for development projects of Foreign Affairs Division, Textile Industry Division and Gas Infrastructure Development Fund under Public Sector Development Programme (PSDP) for the current fiscal year (2016-17)

Published 13 Mar, 2017 12:00am

Russian private security firm says it had armed men in east Libya

A force of several dozen armed private security contractors from Russia operated until last month in a part of Libya that is under the control of regional leader Khalifa Haftar, the head of the firm that hired the contractors told Reuters.

Published 13 Mar, 2017 12:00am

Siraj urges Ulema not to appease colonial powers

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has stressed upon the Prime Minister not to link terrorism with Islam and the Ulema to please colonial powers and instead trace the factors behind the menace and adopt solid policy to tackle them.

Published 13 Mar, 2017 12:00am

Palestinian police use tear gas, batons to disperse protest

Palestinian security forces used tear gas and batons to disperse a protest Sunday at a court involved in the case of five Palestinians, including one recently killed by Israeli forces, activists and lawyers said.

Published 13 Mar, 2017 12:00am

'Research must for progress'

Trained manpower, quality education and research are prerequisite to make the development and to fight the different challenges confronting the country, said University of Agriculture Faisalabad (UAF) Vice Chancellor Professor Dr Iqrar Ahmad Khan. Address

Published 13 Mar, 2017 12:00am

Bus in Haiti flees accident, kills 34

A bus speeding away from the scene of a hit-and-run accident plowed into dozens of street musicians in the Haitian city of Gonaives on Sunday, killing a total of 34 people, officials said.

Published 13 Mar, 2017 12:00am

Supreme Court forms four benches for next week

Chief Justice of Pakistan, Justice Mian Saqib Nisar has constituted four benches at the principal seat to hear a number of important cases during the next week, starting from Monday, March 13.

Published 13 Mar, 2017 12:00am

Jordan releases soldier who killed 7 Israeli schoolgirls

A Jordanian soldier who shot dead seven Israeli schoolgirls in 1997 was released from prison Sunday after serving out his life sentence, sparking outrage from the families of those killed. In March 1997, Ahmad Dakamseh fired an automatic weapon at schoolg

Published 13 Mar, 2017 12:00am

Matriculation exams to be held in two phases due to census: BSE

Chairman of Board of Secondary Education Karachi (BSEK) Professor Dr Saeeduddin said on Sunday that the exams of matriculation would be held in two phases from March 28 to May 3, 2017 because of shortage of teachers who will remain busy in the Census-rela

Published 13 Mar, 2017 12:00am

Iraqi forces take third of west Mosul, jihadists 'trapped'

Iraqi forces seized a third of west Mosul and trapped Islamic State group fighters inside as they made further gains in their battle to retake the city, officials said Sunday.

Published 13 Mar, 2017 12:00am

Cotton

PCGA presents recommendations to Secretary Agriculture

Pakistan Cotton Ginners Association (PCGA)has demanded of the Punjab govt to take initiative for better quality cotton and cotton growing area be expanded besides increasing the per acre yield.

Published 13 Mar, 2017 12:00am

WoB to perform bell ringing ceremony at PSX

The activists and supporters of Women on Board (WoB) Pakistan shall perform the 'opening bell ringing ceremony' at Pakistan Stock Exchange to express their commitment for improving the acute under-representation levels of women in the country's publicly l

Published 13 Mar, 2017 12:00am

GB largest apricot producing region

Gilgit-Baltistan is one of the most beautiful regions of Pakistan. Nature has gifted this region with immense beauty and blessings, including the highest peaks, lakes, and largest glaciers, rivers and variety of fruits.

Published 13 Mar, 2017 12:00am

JI asks JUI-F to support Fata reforms

Provincial Ameer, Jamaat-e-Islami (JI), Khyber Pakhtunkhwa, Mushtaq Ahmad Khan has urged the JUI-F Chief, Maulana Fazlur Rehman to support recently announced FATA reforms and demanded local government elections in FATA as soon as possible. Addressing a pr

Published 13 Mar, 2017 12:00am

KP CTD arrests 1192 hardcore terrorists in two years: Durrani

The Police chief of KP, (IG) Nasir Khan Durrani, who is scheduled to retire by the end of this month, said that during the last 2 years, the Counter-Terrorism Department (CTD) KP arrested 1192 hardcore terrorists and their cases were challaned in the rele

Published 13 Mar, 2017 12:00am

Minister attends Holy festival

Provincial Minister for Human Rights and Minorities Affairs Khalil Tahir Sandhu has felicitated the Hindu Community of the province on the eve of Holi. The Minister also participated in the main celebrations of Holi Festival at Krishna Mandir along with M

Published 13 Mar, 2017 12:00am

Abraaj, Punjab government to work together in healthcare

Punjab Chief Minister Shahbaz Sharif chaired a meeting on Sunday in which a delegation led by Chairman Health Impact Committee of Abraaj Group David Nicholson was also present. In the meeting Abraaj Group expressed interest in the co-operation with the Pu

Published 13 Mar, 2017 12:00am

Shahbaz felicitates Hindu community on Holi

Punjab Chief Minister Shahbaz Sharif felicitated the Hindu community of Pakistan on the festival of Holi. In his felicitation message on Sunday, Punjab Chief Minister said that the Holi festival spreads brotherhood feelings and goodwill gesture and this c

Published 13 Mar, 2017 12:00am

Germany agrees to deport Tunisian wanted over 2015 museum attack

German Interior Minister Thomas de Maiziere said on Sunday that a Tunisian man wanted in his homeland for his possible involvement in a deadly attack on a Tunis museum in 2015 can be deported. The man was arrested last month on suspicion of planning an Is

Published 13 Mar, 2017 12:00am

Low-cost houses: ABAD needs clear housing policy to overcome shortage

To meet the severe shortage of low-cost housing units in the country, Association of Builders and Developers of Pakistan (ABAD) doesn't need monetary assistance from the government but it requires a clear housing policy.

Published 13 Mar, 2017 12:00am

Trump hails secret service for White House intruder arrest

US President Donald Trump on Saturday praised the Secret Service for a "fantastic job" following their late-night arrest of an intruder who breached the White House grounds while the president was there. After scaling a perimeter fence at the Washington e

Published 13 Mar, 2017 12:00am

Hindu community celebrates Holi

As elsewhere, the Hindu community in the metropolis on Sunday celebrated Holi, the festival of colours. The event began on Sunday evening and will continue till the evening of Monday. Holi signifies the victory of good over evil and also heralds the adven

Published 13 Mar, 2017 12:00am

Philippines, communists resume peace talks

The Philippine government agreed Sunday to reinstate a cease-fire with the communists behind one of the world's longest-running insurgencies, despite President Rodrigo Duterte's earlier threat to step up attacks on the group.

Published 13 Mar, 2017 12:00am

4th Women Trade Fair to begin on March 14

The 4th Women Trade Fair will begin from March 14 in local hotel in Peshawar, aiming at showcasing the women handicraft and market in befitting manner. According to an official communiqué, the Tourism Corporation Khyber Pakhtunkhwa (TCKP) in joint collabo

Published 13 Mar, 2017 12:00am

Bangladesh to demolish building deemed 'symbol of corruption'

Bangladesh's highest court Sunday ordered the demolition of a lakeside building occupied by powerful garment groups, a move welcomed by activists who considered the structure an enduring symbol of corruption. The 16-story building, long criticised for ope

Published 13 Mar, 2017 12:00am

'Rang Do Multan' drive in pre-final phase

'Rang Do Multan' campaign, a project funded by Italian Government to protect walls of the city of Garma, Gard and Goristan presents an eye catching view of wearing rainbow around the oldest walled city buildings reflecting multi-shades of colours in sun l

Published 13 Mar, 2017 12:00am

Parliamentary leaders' meeting on military courts today

Speaker National Assembly Sardar Ayaz Sadiq has convened a meeting of all parliamentary leaders in Senate and National Assembly in Islamabad on Monday (today) to develop consensus on revival of military courts.

Published 13 Mar, 2017 12:00am

Issuance of refund/compensation: president endorses FTO recommendations to FBR

President of Pakistan has confirmed the Federal Tax Ombudsman (FTO) recommendations to Federal Board of Revenue (FBR) to issue refund/compensation without prejudice to outcome of audit proceedings under Section 177 of the Income Tax Ordinance 2001.

Published 13 Mar, 2017 12:00am

Parliamentary leaders' meeting on military courts today

Speaker National Assembly Sardar Ayaz Sadiq has convened a meeting of all parliamentary leaders in Senate and National Assembly in Islamabad on Monday (today) to develop consensus on revival of military courts.

Published 13 Mar, 2017 12:00am

Polluted environment kills 1.7 million children a year: WHO

A quarter of all global deaths of children under five are due to unhealthy or polluted environments including dirty water and air, second-hand smoke and a lack or adequate hygiene, the World Health Organisation (WHO) said on Monday. Such unsanitary and po

Published 13 Mar, 2017 12:00am

Census will begin on Wednesday: Army seeks greater public co-operation

The sixth housing and population census is to start on March 15 and will continue until May 25 and a budget of Rs 18.5 billion has been allocated for it. Addressing a joint news conference here on Sunday along with Director General ISPR Major General Asif

Published 13 Mar, 2017 12:00am

Deadly yellow fever may spread to Brazil's big cities: WHO

The entire Brazilian state of Espirito Santo is now considered at risk for yellow fever transmission, the World Health Organisation says, raising concerns the deadly virus could spread to the nation's biggest cities.

Published 13 Mar, 2017 12:00am

Census will begin on Wednesday: Army seeks greater public co-operation

The sixth housing and population census is to start on March 15 and will continue until May 25 and a budget of Rs 18.5 billion has been allocated for it. Addressing a joint news conference here on Sunday along with Director General ISPR Major General Asif

Published 13 Mar, 2017 12:00am

Soy tied to longer life after breast cancer

Eating more soy may be tied to better survival odds for many women with breast cancer and may not be harmful for patients treated with hormones, a new study suggests. Previous nutrition research has linked soy to a longer life, but prior studies have also

Published 13 Mar, 2017 12:00am

Futures spread down by 60 basis points

The futures spread declined by 60bps to 6.04 percent during the outgoing week ended on March 10. Trading activities on the futures counter remained low as average daily trading volumes decreased by 21.9 percent to 37.39 million shares.

Published 13 Mar, 2017 12:00am

Unhealthy eating linked to 400,000 US deaths a year

Unhealthy eating habits can be blamed for more than 400,000 US deaths a year due to heart disease and related illnesses, researchers said on Thursday. The problem is twofold: Americans are eating too much salty, fatty and sugary fare, and not enough fruit

Published 13 Mar, 2017 12:00am

Futures spread down by 60 basis points

The futures spread declined by 60bps to 6.04 percent during the outgoing week ended on March 10. Trading activities on the futures counter remained low as average daily trading volumes decreased by 21.9 percent to 37.39 million shares.

Published 13 Mar, 2017 12:00am

Global warming to disrupt four-fifths of world's oceans by 2050: study

Global warming will disrupt four-fifths of the world's oceans by 2050 if greenhouse gas emissions keep rising, threatening fish that are the main source of food for a billion people, scientists said on Tuesday.

Published 13 Mar, 2017 12:00am

Futures spread down by 60 basis points

The futures spread declined by 60bps to 6.04 percent during the outgoing week ended on March 10. Trading activities on the futures counter remained low as average daily trading volumes decreased by 21.9 percent to 37.39 million shares.

Published 13 Mar, 2017 12:00am

Second consecutive year: Australia's GBR faces mass coral bleaching

Australia's Great Barrier Reef is experiencing an unprecedented second straight year of mass coral bleaching, scientists said on Friday, warning many species would struggle to fully recover. The 2,300-kilometre (1,400-mile) reef suffered its most severe b

Published 13 Mar, 2017 12:00am

Futures spread down by 60 basis points

The futures spread declined by 60bps to 6.04 percent during the outgoing week ended on March 10. Trading activities on the futures counter remained low as average daily trading volumes decreased by 21.9 percent to 37.39 million shares.

Published 13 Mar, 2017 12:00am

Internet-connected 'smart' devices are dunces about security

These days, it's possible to use your phone and sometimes just your voice to control everything from your TV to your lights, your thermostat and shades, even your car or medical device. (At least, once you have gadgets that can listen.)

Published 13 Mar, 2017 12:00am

Uncertainty hits equities

Pakistan Stock Exchange (PSX) remained under pressure during the outgoing week ended on March 10 and the benchmark KSE-100 index declined by 432.06 points or 0.87 percent on week-on-week basis to close at 49,191.75 points.

Published 13 Mar, 2017 12:00am

Cybercriminals focusing on data-rich smartphones

Smartphones have become a mine of personal information, holding bank data, credit card information and addresses, making them the preferred target for cybercriminals, experts warn. "Cybercriminals go where there is value, and they have understood that the

Published 13 Mar, 2017 12:00am

Uncertainty hits equities

Pakistan Stock Exchange (PSX) remained under pressure during the outgoing week ended on March 10 and the benchmark KSE-100 index declined by 432.06 points or 0.87 percent on week-on-week basis to close at 49,191.75 points.

Published 13 Mar, 2017 12:00am

Virtual-reality hype fades, 3D printing solidifies

Virtual-reality hype is fading while 3D printing solidifies. Tepid sales, legal questions and immature technology are putting dreams of imminent immersive digital worlds on the back shelf. Meanwhile, steady progress is burning away disillusionment over di

Published 13 Mar, 2017 12:00am

Uncertainty hits equities

Pakistan Stock Exchange (PSX) remained under pressure during the outgoing week ended on March 10 and the benchmark KSE-100 index declined by 432.06 points or 0.87 percent on week-on-week basis to close at 49,191.75 points.

Published 13 Mar, 2017 12:00am

China's Didi launches Silicon Valley research hub

Chinese ridesharing leader Didi Chuxing has opened a Silicon Valley research hub, where it will join the race with other tech companies for autonomous driving. The Didi Labs center in Mountain View - which is also the home of Google - will focus on "intel

Published 13 Mar, 2017 12:00am

SBP bans particular foreign trips of banks

The State Bank of Pakistan (SBP) has barred commercial banks from undertaking some specific foreign trips. Sources told Business Recorder on Sunday that SBP has also called a meeting of the heads of the commercial banks at SBP head office Karachi t

Published 13 Mar, 2017 12:00am

African Union launches .africa for the continent

In the beginning was .com, followed by a host of other .somethings, but on Friday, 32 years after the world's first domain name was registered, the African Union has launched .africa for the continent. Africans who want to register a website will be able

Published 13 Mar, 2017 12:00am

SBP bans particular foreign trips of banks

The State Bank of Pakistan (SBP) has barred commercial banks from undertaking some specific foreign trips. Sources told Business Recorder on Sunday that SBP has also called a meeting of the heads of the commercial banks at SBP head office Karachi t

Published 13 Mar, 2017 12:00am

Offline AI revolution awaits smartphones

The smartphone revolution is poised to go onto the next level - with "superphones" equipped with artificial intelligence now on the horizon. By learning their owners' habits, these new phones will be able to carry out tasks even when they're offline.

Published 13 Mar, 2017 12:00am

Article four consultations with IMF from March 28

Article 4 consultations with senior officials of International Monetary Fund (IMF) will be held in Dubai from March 28 to April 5. According to a Finance Ministry spokesman, an IMF delegation was invited for the consultations, which was scheduled to visit

Published 13 Mar, 2017 12:00am

SAP to offer its business apps on Google Cloud

Germany's SAP is teaming up with Silicon Valley giant Google to allow customers to run SAP's big business applications on Google's cloud while offering Google's suite of web-based desktop apps to users, the company said on Wednesday. Appearing on stage at

Published 13 Mar, 2017 12:00am

Article four consultations with IMF from March 28

Article 4 consultations with senior officials of International Monetary Fund (IMF) will be held in Dubai from March 28 to April 5. According to a Finance Ministry spokesman, an IMF delegation was invited for the consultations, which was scheduled to visit

Published 13 Mar, 2017 12:00am

Google vows to fix 'inappropriate' search results

Google said Monday it was working to fix a search algorithm glitch that produced "inappropriate and misleading" results from its search engine and connected speaker. The internet giant reacted after a blog post highlighted unsubstantiated search results i

Published 13 Mar, 2017 12:00am

Article four consultations with IMF from March 28

Article 4 consultations with senior officials of International Monetary Fund (IMF) will be held in Dubai from March 28 to April 5. According to a Finance Ministry spokesman, an IMF delegation was invited for the consultations, which was scheduled to visit

Published 13 Mar, 2017 12:00am

Currency

Hugo Boss to make online push to help revive sales

Hugo Boss said on Thursday that improving its online business will be a top priority this year as the struggling German fashion house hopes to avoid another decline in sales and cement a recovery in China. The company known for its smart men's suits is in

Published 13 Mar, 2017 12:00am

Shipping companies to collect ''Port Congestion Charge''

In an astonishing move, the shipping companies have announced to begin collecting ''Port Congestion Charge'' from importers from March 22, 2017. According to the client advisory issued by the shipping lines, Containers Imbalance Charge (CIC) or Port Conge

Published 13 Mar, 2017 12:00am

Autos bosses focus on tech, play down PSA-Opel impact

The auto industry is facing seismic changes with the rise of electric vehicles, automated driving and car sharing, and adapting to these will eclipse even big mergers such as PSA's purchase of Opel, executives at the Geneva auto show said.

Published 13 Mar, 2017 12:00am

Shipping companies to collect 'Port Congestion Charge'

In an astonishing move, the shipping companies have announced to begin collecting 'Port Congestion Charge' from importers from March 22, 2017. According to the client advisory issued by the shipping lines, Containers Imbalance Charge (CIC) or Port Congest

Published 13 Mar, 2017 12:00am

Sanofi gears up for European generic drugs unit sale

French drug maker Sanofi is looking to hire advisers for the sale of its European generic drug business by the end of the month, sources told Reuters, ahead of an auction process which is set to start after the summer.

Published 13 Mar, 2017 12:00am

Shipping companies to collect 'Port Congestion Charge'

In an astonishing move, the shipping companies have announced to begin collecting 'Port Congestion Charge' from importers from March 22, 2017. According to the client advisory issued by the shipping lines, Containers Imbalance Charge (CIC) or Port Congest

Published 13 Mar, 2017 12:00am

Credit Agricole watching M&A opportunities in Italy

Credit Agricole is watching for opportunities in Italy's banking consolidation as it pursues plans to acquire Unicredit's asset manager Pioneer. Credit Agricole has sold assets and pulled out of markets such as Greece to meet tougher post-crisis regulatio

Published 13 Mar, 2017 12:00am

Currency

THE RUPEE: moves up slightly

The rupee posted fresh gains cautiously against the dollar on the money market during the wweek, ended on March 11, 2017.

Published 13 Mar, 2017 12:00am

Inmarsat's earnings boosted by governments, airlines

British satellite company Inmarsat said strong demand from governments and aviation customers in the final quarter of 2016 helped core earnings for the year to rise 9.5 percent to $795 million, sending its shares to a two-month high.

Published 13 Mar, 2017 12:00am

Currency

THE RUPEE: moves up slightly

The rupee posted fresh gains cautiously against the dollar on the money market during the wweek, ended on March 11, 2017.

Published 13 Mar, 2017 12:00am

Currency

Adidas US push keeps up pressure on Nike, Under Armour

The new boss of Adidas increased sales and profit targets on Wednesday, sending shares in the German sportswear firm to a record high as he pledged to keep investing heavily in the key US market and do more to boost ecommerce sales. The more ambitious tar

Published 13 Mar, 2017 12:00am

Advanced Chinese surface-to-air missile added to system

Pakistan has added Chinese made LY-80 Surface-to-Air Missile to its defence system, said Inter-Services Public Relations (ISPR). A statement from the military's public affairs wing said Army Chief General Qamar Javed Bajwa was the chief guest at the cerem

Published 13 Mar, 2017 12:00am

GM shifts from bigger is better to less global, more profitable

General Motors Co's decision to sell its European operations doubles down on a bet that the company can win by being less global, but more profitable, in an auto industry increasingly driven by software.

Published 13 Mar, 2017 12:00am

Advanced Chinese surface-to-air missile added to system

Pakistan has added Chinese made LY-80 Surface-to-Air Missile to its defence system, said Inter-Services Public Relations (ISPR). A statement from the military's public affairs wing said Army Chief General Qamar Javed Bajwa was the chief guest at the cerem

Published 13 Mar, 2017 12:00am

AIG to set up EU subsidiary in Luxembourg

US insurer AIG plans to set up a European Union subsidiary in Luxembourg, the biggest financial services firm so far to announce plans to establish an EU hub as a response to Britain's decision to leave the regional bloc. Several other insurers have said

Published 13 Mar, 2017 12:00am

Erdogan warns Netherlands will 'pay price'

Turkish President Recep Tayyip Erdogan on Sunday warned the Netherlands would pay for blocking his ministers from holding rallies to win support in a referendum on expanding his powers, as a crisis escalated with Turkey's key EU partners. Erdogan also rep

Published 13 Mar, 2017 12:00am

Remarkable Chawrasia retains Indian Open crown

Local favourite SSP Chawrasia made history after retaining his title at the Hero Indian Open with a remarkable seven-stroke win in New Delhi on Sunday. Chawrasia, 38, became the first Indian to successfully defend a European Tour title and the first playe

Published 13 Mar, 2017 12:00am

Erdogan warns Netherlands will 'pay price'

Turkish President Recep Tayyip Erdogan on Sunday warned the Netherlands would pay for blocking his ministers from holding rallies to win support in a referendum on expanding his powers, as a crisis escalated with Turkey's key EU partners. Erdogan also rep

Published 13 Mar, 2017 12:00am

Barca suffer PSG hangover in Deportivo defeat

Barcelona suffered a hangover from their remarkable Champions League comeback against Paris Saint-Germain as Alex Bergantinos's winner 16 minutes from time handed Deportivo la Coruna a famous 2-1 win on Sunday. Joselu had fired Deportivo into a first-half

Published 13 Mar, 2017 12:00am

Son shines but Kane injury mars Spurs stroll

Son Heung-Min's hat-trick fired Tottenham into the FA Cup semi-finals, but his side's 6-0 victory against Millwall was overshadowed by Harry Kane's potentially serious ankle injury. Kane limped off in the 10th minute at White Hart Lane after his ankle twi

Published 13 Mar, 2017 12:00am

Master Paints, Barry's win in Bank Alfalah Polo

Newage/Master Paints and Barry's carved out sensational victories in the five-chukker in Bank Alfalah National Open Polo Championship for Quaid-i-Azam Gold Cup 2017 here at the jam-packed Lahore Polo Club ground on Sunday.

Published 13 Mar, 2017 12:00am

Both captains claim edge after New Zealand- South Africa washout

South Africa and New Zealand's captains both claimed to have gained a psychological edge after rain washed out the final day of the first Test in Dunedin on Sunday.

Published 13 Mar, 2017 12:00am

England retain Six Nations title

England secured a second consecutive Six Nations title in emphatic style on Saturday by thrashing a supposedly resurgent Scotland 61-21 with a scintillating display encapsulated by a superb hat-trick by recalled centre Jonathan Joseph.

Published 13 Mar, 2017 12:00am

Venus, Kerber advance at Indian Wells

Venus Williams saved three match points as she roared back for a 1-6, 7-6 (7/5), 6-1 victory over old foe Jelena Jankovic on Saturday and a place in the third round at Indian Wells. The seven-time Grand Slam champion, her right arm bandaged and her serve

Published 13 Mar, 2017 12:00am

Lewandowski double sends Bayern 10 points clear

Striker Robert Lewandowski scored twice to help Bayern Munich beat Eintracht Frankfurt 3-0 on Saturday and open up a 10-point lead at the top of the Bundesliga. Playing their fifth game in 16 days and four days after their 5-1 Champions League demolition

Published 13 Mar, 2017 12:00am

Top-ranked Murray toppled by qualifier Pospisil

World number one Andy Murray crashed out of the ATP Indian Wells Masters on Saturday, sent spinning in straight sets by Canadian qualifier Vasek Pospisil. Pospisil, ranked 129th in the world, triumphed 6-4, 7-6 (7/5), sealing the biggest win of his career

Published 13 Mar, 2017 12:00am

Du Plessis surprise at ICC over India spat

South Africa captain Faf du Plessis said Sunday he was surprised no one had been charged by the ICC after the ugly spat which blighted the Australia-India Test series. "I was, yes. Purely from the reason of what I went through in Australia for something I

Published 13 Mar, 2017 12:00am

Warner bites his tongue, hopes to let bat do the talking

Australia's David Warner is refusing to take the bait after being publicly sledged by India's cricketers, but even if he wanted to fire back the struggling opening batsman has few runs to back up any fighting words. The lefthander has cobbled together jus

Published 13 Mar, 2017 12:00am

Egypt's capital set to grow by half a million in 2017

Cairo's population is set to grow by 500,000 this year, more than any other city in the world, adding to the pressure on an Egyptian economy struggling to recover from six years of political turmoil. Greater Cairo, a metropolitan area including Cairo and

Published 13 Mar, 2017 12:00am

Currency

India gold recycling plan fails to tempt households

India's ambitious plan to recycle thousands of tonnes of gold lying idle in temples and households looks to have foundered on concerns over high costs and slight returns, in a blow to government hopes of cutting imports of the metal. After 16 months, temp

Published 13 Mar, 2017 12:00am

UAE wants closer trade ties with Asia, Africa

The United Arab Emirates, one of the Middle East's largest economies, wants to expand trade ties with faster growing nations in Asia and Africa, a senior official said on Sunday. Rich Gulf Arab states are looking at ways to diversify their economies, incl

Published 13 Mar, 2017 12:00am

Currency

Sudan inflation hits 33.53 percent

Sudan's annual rate of inflation rose to 33.53 percent in February from 32.86 percent the previous month, as food and energy prices kept rising after subsidies were cut in early November, the Central Statistics Office said on Sunday.

Published 13 Mar, 2017 12:00am

Hyundai in $3.2 billion Iran deal

An Iranian investment fund signed a deal with Korea's Hyundai Engineering Co. on Sunday for a 3 billion euro ($3.2 billion) petrochemical project, which is awaiting financing by Korean banks, the oil ministry's website SHANA said.

Published 13 Mar, 2017 12:00am

Currency

Iceland ends capital controls after over eight years of restrictions

Iceland's finance ministry said on Sunday that in the coming week it would lift the remaining capital controls that have been in place since the financial crisis in 2008, easing restrictions on households and businesses.

Published 13 Mar, 2017 12:00am

Currency	Rate
USD PKR Interbank Selling / Oct 16	277.93
USD PKR Interbank Buying / Oct 16	277.73
USD to Japanese Yen / Oct 16	149.30
USD to Swiss Franc / Oct 16	0.86
Pound Sterling to USD / Oct 16	1.31
Euro to USD / Oct 16	1.09

Stock	Volume
S&P 500 / Oct 15	5,815.26
Nasdaq / Oct 15	18,315.59
Dow Jones / Oct 15	42,740.42
India Sensex / Oct 16	81,711.88
Tokyo Nikkei / Oct 16	39,166.12
Hang Seng / Oct 16	20,380.75
FTSE 100 / Oct 16	8,315.68
Germany DAX 30 / Oct 16	19,442.06

Item	Value
Crude Oil USD/Barrel / Oct 16	70.82
Karachi Cotton PKR/37.32 KG / Oct 16	18,085
Gold 10 Grams PKR / Oct 16	237,654
Gold Spot USD/Ounce / Oct 16	2,667.11
Cotton US¢/pound / Oct 16	71.01
Petrol/Litre / Oct 17	247.03

Stock	Price
786 Invest Ltd / Oct 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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