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Mar 25, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-04-08
European gasoline margins hold six-month high

European gasoline margins hold six-month high

Gasoline refining margins in north-west Europe softened slightly on Tuesday but held near to a six-month highs on an open arbitrage to the United States and heavy refinery maintenance in Asia. Arbitrage to the United States was open enabling Europe to dra
Published 08 Apr, 2017 12:00am
'Out-of-school children's percentage declines by 26'

'Out-of-school children's percentage declines by 26'

Over the past three years the percentage of out-of-school children has declined by 26 percent coupled with an increase in primary net enrollment by 17 percent. The direction has been set but there is still a long way to go. Access to education, recruitmen
Published 08 Apr, 2017 12:00am
PITB, PSX to ink MoU for Startups Equity Financing anytime soon

PITB, PSX to ink MoU for Startups Equity Financing anytime soon

Punjab Information Technology Board (PITB) and Pakistan Stock Exchange (PSX) in principle agreed during the fourth PITB Roundtable Conference powered by TechHub, to sign a memorandum of understanding (MoU) soon to facilitate Startups for raising investmen
Published 08 Apr, 2017 12:00am
PITB, PSX to ink MoU for Startups Equity Financing anytime soon

PITB, PSX to ink MoU for Startups Equity Financing anytime soon

Punjab Information Technology Board (PITB) and Pakistan Stock Exchange (PSX) in principle agreed during the fourth PITB Roundtable Conference powered by TechHub, to sign a memorandum of understanding (MoU) soon to facilitate Startups for raising investmen
Published 08 Apr, 2017 12:00am
Zardari urges Baloch youths to join parliamentary politics

Zardari urges Baloch youths to join parliamentary politics

Co-chairman of Pakistan People's Party Asif Ali Zardari urged the estranged Baloch leaders to adopt parliamentary politics to secure their coast and resources instead of going to mountains to fight. "I advise misled friends to come back. Who has suffered
Published 08 Apr, 2017 12:00am
KE praised on employing SAP IS-U for billing

KE praised on employing SAP IS-U for billing

SAP, the global leader in enterprise software development, congratulates K-Electric on completing 5 years of using SAP IS-U, the world's best system for billing, which ensures efficiency, eliminates human intervention and creates transparency. A KE press
Published 08 Apr, 2017 12:00am
ICMAP opposes Accounting Standards Board under ICAP

ICMAP opposes Accounting Standards Board under ICAP

The Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan) has strongly opposed the establishment of an 'Accounting Standards Board (ASB)' under the exclusive domain of Institute of Chartered Accountants of Pakistan (ICAP) and has clarif
Published 08 Apr, 2017 12:00am
Speed Feeder Bus Service: complex ticketing system baffles commuters

Speed Feeder Bus Service: complex ticketing system baffles commuters

Punjab Speed Feeder Bus Service, launched by the Punjab government, recently to link different areas of the provincial metropolis with Metro Bus route though being appreciated for its beauty and comfort, has created numerous hardships for the commuters be
Published 08 Apr, 2017 12:00am
KP, Smeda sign memo to implement ERKF-AF

KP, Smeda sign memo to implement ERKF-AF

The government of Khyber Pakhtunkhwa and Small & Medium Enterprises Development Authority (Smeda) Friday signed a memorandum of understanding (MoU) for the implementation of $11 million SME component of the Economic Revitalisation of Khyber Pakhtunkhwa an
Published 08 Apr, 2017 12:00am
Olympic marathon champ Sumgong fails dope test

Olympic marathon champ Sumgong fails dope test

Jemima Sumgong, the first Kenyan woman to win an Olympic gold in the marathon when she triumphed in Rio last year, has failed an out-of-competition dope test, athletics officials said Friday. The 32-year-old, who is also the reigning London Marathon champ
Published 08 Apr, 2017 12:00am
Fazal Mahmood Club Cricket Championship begins

Fazal Mahmood Club Cricket Championship begins

The Fazal Mahmood National Club Cricket Championship 2017 has been launched across Pakistan. A Pakistan Cricket Board (PCB) spokesman said here Friday that under this initiative, as many as 98 districts throughout the country are being engaged. Matches ar
Published 08 Apr, 2017 12:00am
District Games begin in Mardan

District Games begin in Mardan

The colourful District Government Games comprising 15 disciplines for male and 9 for female got under way at Mardan Sports Complex under the aegis of local district government on Friday. District Chairman Sports Monitoring Committee of the District Govern
Published 08 Apr, 2017 12:00am
FIFA announces $369 million loss with worse to come

FIFA announces $369 million loss with worse to come

FIFA on Friday announced a $369 million loss for 2016, a second straight annual deficit, as it recovers from scandals that have rocked world football and acknowledged it had to use hundreds of millions of dollars of its reserves. The game's world governin
Published 08 Apr, 2017 12:00am
Tehran's first marathon: no women allowed

Tehran's first marathon: no women allowed

Hundreds of runners took part in Tehran's first-ever marathon on Friday, but many women were outraged to find they could only run a short distance in a closed-off stadium. While men ran through Iran's capital in the morning, women were allowed to run just
Published 08 Apr, 2017 12:00am
Bajaur Blue Khyber win in FATA Super League T20

Bajaur Blue Khyber win in FATA Super League T20

Bajaur Blue Khyber stunned Khyber Alhaj Eagle by four wickets in the ongoing FATA Super League Twenty20 Cricket Tournament being played at Bajaur Sports Complex on Friday. Khyber Alhaj Eagle skipper won the toss and elected to bat first by setting up 118
Published 08 Apr, 2017 12:00am
Australia take 2-0 Davis Cup lead against USA

Australia take 2-0 Davis Cup lead against USA

Nick Kyrgios and Jordan Thompson gave Australia an unexpected 2-0 lead after the first day of their Davis Cup quarter-final against the United States in Brisbane on Friday. The unheralded Thompson stunned world number 15 Jack Sock in four sets in the open
Published 08 Apr, 2017 12:00am
North and South Korea women face off in Pyongyang football match

North and South Korea women face off in Pyongyang football match

South Korea's flag flew and its anthem sounded in Pyongyang on Friday as its women's football team played out a 1-1 draw with their neighbours, in the first ever competitive soccer match between the two countries hosted by the North.
Published 08 Apr, 2017 12:00am
Afghanistan to make Lord's debut in 'landmark'

Afghanistan to make Lord's debut in 'landmark'

Afghanistan are set for another milestone after it was announced Friday they will play their first match at Lord's, taking on a side led by former New Zealand captain Brendon McCullum. Now one of the world's leading associate, or junior cricket, countries
Published 08 Apr, 2017 12:00am
O'Keefe fined for drunken remarks

O'Keefe fined for drunken remarks

Australian Test star Stephen O'Keefe has been fined Aus$20,000 (US $15,000) for making "highly inappropriate" comments while drunk during a cricket function and ordered to undergo counselling, authorities said Friday. The spinner, one of the best bowlers
Published 08 Apr, 2017 12:00am
Philippine military to upgrade island facilities, not launch land grab

Philippine military to upgrade island facilities, not launch land grab

The Philippines' military said Friday that it plans to upgrade and improve facilities on islands it already occupies in the disputed South China Sea, not embark on a new land grab. Philippine President Rodrigo Duterte said Thursday that he had ordered the
Published 08 Apr, 2017 12:00am
Reporters Without Borders opens first Asia office in Taiwan

Reporters Without Borders opens first Asia office in Taiwan

International rights watchdog Reporters Without Borders said it is opening its first Asia office in Taiwan after rejecting Hong Kong over concerns that China poses the "biggest threat" to press freedom. Also known by its French name Reporters Sans Frontiè
Published 08 Apr, 2017 12:00am
US drops bid to out anti-Trump Twitter account holder

US drops bid to out anti-Trump Twitter account holder

The US government dropped its effort to force Twitter to identify the owner of an anti-Trump account purported to voice dissent from federal employees, court documents showed Friday. In a court filing, Twitter sought the dismissal of the lawsuit it had fi
Published 08 Apr, 2017 12:00am
Anti-Zuma protests in South Africa as economic woes mount

Anti-Zuma protests in South Africa as economic woes mount

Thousands of protesters marched through South African cities on Friday demanding President Jacob Zuma's resignation, as a second ratings agency downgraded the country's debt to junk status. Zuma's sacking of respected finance minister Pravin Gordhan last
Published 08 Apr, 2017 12:00am
Croatia former PM sentenced for graft

Croatia former PM sentenced for graft

Croatia's former prime minister Ivo Sanader was sentenced to four and a half years in jail by a Zagreb court on Friday for taking more than two million euros ($2.1 million) in bribes while in power. Sanader, who led the government from 2003-2009, has also
Published 08 Apr, 2017 12:00am
Swiss giant Novartis likely bribed 'thousands' in Greece: minister

Swiss giant Novartis likely bribed 'thousands' in Greece: minister

Greece's justice minister on Friday said Swiss pharmaceutical giant Novartis had likely bribed "thousands" of doctors and civil servants to promote its products, amid an ongoing probe. "A great number of state officials are implicated... from what I'm beg
Published 08 Apr, 2017 12:00am
Two pilots dead as Serbian military plane crashes

Two pilots dead as Serbian military plane crashes

Two Serbian pilots died Friday when their warplane crashed near Belgrade, the defence ministry said. The cause of the crash, which took place some 50 kilometres (31 miles) south-west of Belgrade, was not immediately known and officials have launched an in
Published 08 Apr, 2017 12:00am
India overturns flight ban on sandal-whacking politician

India overturns flight ban on sandal-whacking politician

India on Friday overturned a travel ban on a controversial politician who attacked a flight steward with his sandal after being refused a business class seat. Ravindra Gaikwad made national headlines after footage emerged in March of the Shiv Sena politic
Published 08 Apr, 2017 12:00am
ETA weapons 'handed to civil society' in France

ETA weapons 'handed to civil society' in France

The Basque separatist group ETA, which has promised to give up all its remaining arms by Saturday, has handed over the weapons to members of "civil society" in France, one of them told AFP. "We have the political and technical responsibility for ETA's dis
Published 08 Apr, 2017 12:00am
Gambia's UDP takes control of post-Jammeh parliament

Gambia's UDP takes control of post-Jammeh parliament

The Gambia's United Democratic Party (UDP) emerged from decades in opposition in the country's parliament to take its first absolute majority on Friday, as support for former leader Yahya Jammeh's party collapsed. Official results from Thursday's election
Published 08 Apr, 2017 12:00am
Aussie, kiwi tumble against yen
Currency

Aussie, kiwi tumble against yen

The Australian and New Zealand dollars tumbled to more than four-month lows on the yen as investors fled risk after the United States fired a barrage of missiles against a Syrian air base controlled by President Bashar al-Assad's forces. The Australian do
Published 08 Apr, 2017 12:00am
Sterling set for first weekly fall in four as data disappoints
Currency

Sterling set for first weekly fall in four as data disappoints

Sterling faced its first week of falls in four on Friday as data showed an unexpected slide in British industrial output, clouding the outlook for the UK's economy as it prepares to leave the European Union. In the first full trading week since Britain tr
Published 08 Apr, 2017 12:00am
China's yuan slips
Currency

China's yuan slips

China's yuan slipped against the US dollar on Friday as the US launched missile strikes against a Syrian airbase, adding to an already tense backdrop as the first meeting between President Xi Jinping and US President Donald Trump got underway. The People'
Published 08 Apr, 2017 12:00am
Asia forex: S Korean won, Taiwan dollar sag
Currency

Asia forex: S Korean won, Taiwan dollar sag

The South Korean won and Taiwan dollar dropped to three-week lows against the US dollar on Friday, as investors turned to safe-haven assets after the United States launched cruise missiles against an airbase in Syria. US President Donald Trump said on Thu
Published 08 Apr, 2017 12:00am
Sri Lankan rupee weakens
Currency

Sri Lankan rupee weakens

The Sri Lankan rupee ended weaker on Friday as importer dollar demand and dividend payments outpaced inward remittances and dollar sales by exporters ahead of the festival session, dealers said. Rupee forwards were active, with two-week forwards ending at
Published 08 Apr, 2017 12:00am
Dollar edges higher in New York
Currency

Dollar edges higher in New York

The dollar rose on Thursday, with gains limited ahead of a two-day summit between US President Donald Trump and his Chinese counterpart Xi Jinping that could have geopolitical ramifications, and Friday's US jobs report. "The long-awaited meeting ... could
Published 08 Apr, 2017 12:00am
Early trade in NY: Dollar gains after brief selloff
Currency

Early trade in NY: Dollar gains after brief selloff

The dollar rose on Friday as a drop in the US unemployment rate for March despite a much lower-than-expected number of jobs created in the month kept the outlook for interest rates intact this year. Investors still expect two more rate increases in 2017,
Published 08 Apr, 2017 12:00am
Yen gains, rouble tumbles in Europe
Currency

Yen gains, rouble tumbles in Europe

The safe-haven yen climbed against the dollar and euro on Friday and the rouble tumbled, after the United States launched cruise missiles at an airbase in Syria, raising tensions with Russia. In the biggest foreign policy decision of his presidency so far
Published 08 Apr, 2017 12:00am
Dollar slips against yen in Asia
Currency

Dollar slips against yen in Asia

The dollar skidded against the perceived safe-haven Japanese yen on Friday after the United States launched cruise missiles at an airbase in Syria in response to Syrian forces' alleged use of chemical weapons on Thursday. An US official said the strike ha
Published 08 Apr, 2017 12:00am
FTSE posts slight weekly gain as oil stocks rise

FTSE posts slight weekly gain as oil stocks rise

Britain's top share index rose on Friday in choppy trade as oil stocks extended gains, bucking a broader risk-off move across markets after a US cruise missile strike in Syria. The bluechip FTSE 100 index was up 0.6 percent at 7,349.37 points at its close
Published 08 Apr, 2017 12:00am
Most Southeast Asian stocks rebound

Most Southeast Asian stocks rebound

Most Southeast Asian stock markets reversed course in the latter half of Friday to end higher after a US defense official said the missile strike on Syria was a "one-off", meaning it was expected to be a single attack with no current plans for escalation.
Published 08 Apr, 2017 12:00am
Taiwan stocks down
Currency

Taiwan stocks down

Taiwan stocks fell on Friday, in line with some regional peers, as a US missile strike in Syria raised geopolitical risks and as a widely-awaited summit between the leaders of the United States and China got underway. As of 0331 GMT, the main TAIEX index
Published 08 Apr, 2017 12:00am
European shares dip as mining and financial stocks fall

European shares dip as mining and financial stocks fall

European shares fell on Friday, putting them on track for a small weekly loss, as major benchmarks tracked a global retreat by risky assets. The pan-European STOXX 600 index was down 0.3 percent. Basic-resource stocks fell the most, 1.5 percent, but only
Published 08 Apr, 2017 12:00am
Shanghai stocks settle at 15-month high

Shanghai stocks settle at 15-month high

China stocks rose on Friday to post their best week since late November, led by the Shanghai benchmark closing at a 15-month high, with risk appetite lifted by Beijing's decision to launch a new economic zone in Hebei province. The bluechip CSI300 index r
Published 08 Apr, 2017 12:00am
Indian shares fall

Indian shares fall

Indian shares closed lower on Friday after the Reserve Bank of India on Thursday held its policy rate and warned about higher inflation, while sentiment was further hurt by losses in Asian markets. However, the indexes gained around 0.3 percent for the we
Published 08 Apr, 2017 12:00am
Treasury yields inch lower

Treasury yields inch lower

US Treasury yields edged lower on Thursday amid uncertainty ahead of a key US jobs report Friday and a meeting between US President Donald Trump and Chinese President Xi Jinping, and also over the fate of Trump's pro-growth agenda. Yields on Treasuries ma
Published 08 Apr, 2017 12:00am
Treasury yields inch lower

Treasury yields inch lower

US Treasury yields edged lower on Thursday amid uncertainty ahead of a key US jobs report Friday and a meeting between US President Donald Trump and Chinese President Xi Jinping, and also over the fate of Trump's pro-growth agenda. Yields on Treasuries ma
Published 08 Apr, 2017 12:00am
Hong Kong stocks flat

Hong Kong stocks flat

Hong Kong stocks barely moved on Friday, with strength in energy stocks offset by the confidence-sapping news of the United States firing cruise missiles at an air base in Syria. The benchmark Hang Seng index and the Hong Kong China Enterprises Index pare
Published 08 Apr, 2017 12:00am
Sri Lankan shares stay up

Sri Lankan shares stay up

Sri Lankan shares rose for a ninth straight session on Friday to close at their highest in nearly four months helped by positive sentiment over continued foreign buying in bluechip stocks. The Colombo stock index ended 0.69 percent firmer at 6,292.94, its
Published 08 Apr, 2017 12:00am
Wall Street posts slight gain, investors anxious on Trump-Xi meet

Wall Street posts slight gain, investors anxious on Trump-Xi meet

Wall Street's major indexes closed slightly higher on Thursday but finished well off session highs as investors were nervous about upcoming talks between China's President Xi Jinping and US President Donald Trump. The leaders of the world's two biggest ec
Published 08 Apr, 2017 12:00am
Tokyo stocks soar
Currency

Tokyo stocks soar

Tokyo shares closed higher Friday after a day of seesawing trade as US missile strikes against Syria fuelled geopolitical concerns. The benchmark Nikkei 225 index gave up early gains after Donald Trump ordered an assault on a Syrian airfield in retaliatio
Published 08 Apr, 2017 12:00am
Australian shares struggle; New Zealand down

Australian shares struggle; New Zealand down

Australian shares struggled on Friday as investors took flight from global risk after the United States launched cruise missile strikes on a Syrian airbase, sharply escalating the US role in Syria's years-long civil war. Investors were already in a cautio
Published 08 Apr, 2017 12:00am
Bosnia lending may be delayed over reforms: IMF

Bosnia lending may be delayed over reforms: IMF

The International Monetary Fund on Thursday warned that lending to Bosnia-Herzegovina could be interrupted after local lawmakers failed to adopt tax and deposit insurance measures supported by the Fund. The Fund in September approved a three-year $600 mil
Published 08 Apr, 2017 12:00am
Australia banking watchdog warns of more curbs on housing

Australia banking watchdog warns of more curbs on housing

Australia's banking watchdog said on Wednesday that authorities can and will take further action if needed to stop a debt-fuelled bubble in the country's red-hot housing market. Wayne Byres, chairman of the Australian Prudential Regulatory Authority (APRA
Published 08 Apr, 2017 12:00am
Samsung heir accused of bribery, perjury as trial opens

Samsung heir accused of bribery, perjury as trial opens

The heir to the huge Samsung business empire appeared in court Friday at the start of his trial for embezzlement and perjury, part of a corruption scandal that brought down South Korea's president. Lee Jae-Yong, the vice-chairman of Samsung Electronics, w
Published 08 Apr, 2017 12:00am
Bumper soya harvest likely pulled Brazil out of recession in Q1

Bumper soya harvest likely pulled Brazil out of recession in Q1

Brazil's economy probably came out of recession in the first quarter almost exclusively thanks to a record soya harvest, economists said on Wednesday, forecasting a broader recovery to start later in the year. Brazil's agricultural output, which accounts
Published 08 Apr, 2017 12:00am
PSA Peugeot-Citroen plant in Algeria 'this year': PM

PSA Peugeot-Citroen plant in Algeria 'this year': PM

Algeria is expected to sign a deal with French carmaker PSA to open a plant in the North African country "this year", Algeria's prime minister said Thursday. The project with PSA, which owns the Peugeot, Citroen and DS brands, will "come into being this y
Published 08 Apr, 2017 12:00am
ECB calls for tougher regulation of foreign bank branches

ECB calls for tougher regulation of foreign bank branches

The European Central Bank has proposed that large branches of foreign banks in the European Union be subject to tighter regulation and capital requirements, a move that would increase US and Asian lenders' costs and also hit British banks after Brexit. Th
Published 08 Apr, 2017 12:00am
Australia takes Apple to court over 'refusing service' claims

Australia takes Apple to court over 'refusing service' claims

Apple was Thursday taken to court by Australia's consumer watchdog for violating laws by allegedly refusing to look at or repair some iPads and iPhones previously serviced by a third party. The tech giant "made false, misleading, or deceptive representati
Published 08 Apr, 2017 12:00am
Weather dampens US job growth; unemployment rate dives to 4.5 percent

Weather dampens US job growth; unemployment rate dives to 4.5 percent

US job growth slowed sharply in March amid continued layoffs in the retail sector, but a drop in the unemployment rate to a near 10-year low of 4.5 percent suggested labour market strength remained intact. Nonfarm payrolls increased by 98,000 jobs last mo
Published 08 Apr, 2017 12:00am
Germany sees industrial production, trade surplus grow

Germany sees industrial production, trade surplus grow

Germany saw a surprise boost in industrial production and a widening of its trade surplus in February amid rising tensions with the Trump White House over its export strength. Europe's largest economy reported a leap in production of 2.2 percent from the
Published 08 Apr, 2017 12:00am
Airbus loses Q1 order race as delays hamper A320neo

Airbus loses Q1 order race as delays hamper A320neo

Airbus took 20 new jet orders in March to end the first quarter well behind rival Boeing as delays in deliveries of the A320neo shifted the spotlight back to an earlier model. The France-based company ended the quarter with 26 orders, but the net total fo
Published 08 Apr, 2017 12:00am
Fitch cuts South Africa's credit rating to 'junk'
Currency

Fitch cuts South Africa's credit rating to 'junk'

Ratings agency Fitch said Friday it had cut South Africa's credit rating to junk status, citing the recent political instability prompted by a controversial cabinet reshuffle. The agency downgraded the country's sovereign debt rating from 'BBB-' to 'BB+'
Published 08 Apr, 2017 12:00am
Fitch cuts South Africa's credit rating to 'junk'
Currency

Fitch cuts South Africa's credit rating to 'junk'

Ratings agency Fitch said Friday it had cut South Africa's credit rating to junk status, citing the recent political instability prompted by a controversial cabinet reshuffle. The agency downgraded the country's sovereign debt rating from 'BBB-' to 'BB+'
Published 08 Apr, 2017 12:00am
Struggling Deutsche Bank raises fresh capital

Struggling Deutsche Bank raises fresh capital

Germany's troubled lender Deutsche Bank said Friday it successfully raised 8.0 billion euros in fresh capital, as part of its efforts to get back on track after two straight years of losses. Deutsche Bank said it had issued 687.5 million new shares at 11.
Published 08 Apr, 2017 12:00am
Mexico inflation accelerates to highest in over seven years

Mexico inflation accelerates to highest in over seven years

Annual inflation in Mexico accelerated in March to its highest level in more than seven and a half years amid a jump in the prices of some fruit and vegetables, and following a surge in gasoline costs at the start of 2017, data showed on Friday. Consumer
Published 08 Apr, 2017 12:00am
Weak British output data trigger growth concerns

Weak British output data trigger growth concerns

Britain's industrial output fell more than anticipated in February in a sign that the economic resilience seen after the Brexit referendum could be starting to crumble, official data showed Friday. Industrial output contracted by 0.7 percent in February,
Published 08 Apr, 2017 12:00am
Canada manufacturing rebounds, jobless rate up in March

Canada manufacturing rebounds, jobless rate up in March

Canada's manufacturing sector in March posted the largest one-month increase in jobs since 2002, but it wasn't enough to buoy overall jobs figures, the government statistical agency said Friday. Total employment was up 19,000 in March. The unemployment ra
Published 08 Apr, 2017 12:00am
China forex reserves rises for a second month in March
Currency

China forex reserves rises for a second month in March

China's foreign exchange reserves increased for a second month in row in March, rising by $3.9 billion, officials said Friday, as the yuan currency shows signs of stabilisation. The world's largest currency hoard rose to $3.01 trillion, data from the Peop
Published 08 Apr, 2017 12:00am
Adidas looks to 3-D printers for new generation sneakers

Adidas looks to 3-D printers for new generation sneakers

German sportswear giant Adidas said Friday it will start selling shoes with 3-D printed soles, taking a new step in expanding its customised sporting goods range. The company already offers customers bespoke options including the colour and texture of the
Published 08 Apr, 2017 12:00am
No ECB interest rate rise before end of bond-buying: Draghi
Currency

No ECB interest rate rise before end of bond-buying: Draghi

The European Central Bank will not raise interest rates before ending its mass bond-buying programme, president Mario Draghi said Thursday, quashing speculation that a mounting eurozone recovery would prompt him to change course. "We are not yet at a stag
Published 08 Apr, 2017 12:00am
Asia's naphtha cracks fall from five-week high

Asia's naphtha cracks fall from five-week high

Asia's naphtha cracks fell to $79.45 a tonne on Wednesday, down 5.2 percent from a five-week high hit in the previous session due to stronger Brent but persistent demand continued to lend support. South Korea's GS Caltex emerged to buy naphtha for second-
Published 08 Apr, 2017 12:00am
Insipid business on cotton market
Cotton

Insipid business on cotton market

Lacklustre trading activity was witnessed on the cotton market on Friday as mills kept on the sidelines in the process of trading, dealers said. The official spot rate was unchanged at Rs 6750, they said. In ready session, only 2000 bales of cotton sold a
Published 08 Apr, 2017 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 161,047 tonnes of cargo comprising 111,529 tonnes of import cargo and 49,518 tonnes of export cargo including 6,261 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 111
Published 08 Apr, 2017 12:00am
Four dead by truck driven into crowd in Stockholm

Four dead by truck driven into crowd in Stockholm

Four people were killed and 15 injured when a stolen truck ploughed into a crowd of people outside a busy department store in central Stockholm Friday, police said, adding that one man had been arrested in connection with the attack. It was the latest in
Published 08 Apr, 2017 12:00am
Close friend of Zardari goes missing

Close friend of Zardari goes missing

Ghulam Qadir Mari, a close-friend of former President Asif Ali Zardari and a member of District Council Tando Allah Yar, has gone missing, Aaj News reported on Friday night. Mari was on way back to his home district Tando Allah Yar from Larkana, said the
Published 08 Apr, 2017 12:00am
Four dead by truck driven into crowd in Stockholm

Four dead by truck driven into crowd in Stockholm

Four people were killed and 15 injured when a stolen truck ploughed into a crowd of people outside a busy department store in central Stockholm Friday, police said, adding that one man had been arrested in connection with the attack. It was the latest in
Published 08 Apr, 2017 12:00am
Terror link as Pakistani killed in 'horrific' Australia attack

Terror link as Pakistani killed in 'horrific' Australia attack

A Pakistani petrol station attendant was stabbed to death during an "absolutely horrific" crime spree in Australia, authorities said, fearing Friday that the attack was terror-linked. The 29-year-old man was found with multiple stab wounds late Thursday a
Published 08 Apr, 2017 12:00am
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