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May 14, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-06-20
Yuan firms
Exchange

Yuan firms

China's yuan firmed against the dollar on Monday, supported by a stronger midpoint fix and as data pointed to more balanced supply and demand in the forex market amid Beijing's tougher crackdown on illegal capital outflows. Traders expect more volatility
Published 20 Jun, 2017 12:00am
Section 7 of Christian Divorce Act restored

Section 7 of Christian Divorce Act restored

The Lahore High Court on Monday allowed petitions challenging a provision of the Christian Divorce Act, 1869, and restored Section 7 of the Christian Divorce Act 1869 enabling the couples to approach a court of law for dissolution of marriage. Chief Justi
Published 20 Jun, 2017 12:00am
Partly Facetious: PID not allowed to file story on behalf of Shahbaz!

Partly Facetious: PID not allowed to file story on behalf of Shahbaz!

"Shahbaz Sharif said in the post-Joint Investigation Team (JIT) press briefing that the purpose of the summons as noted in the summons was sharing of any information he may have on the Panama case and as you and I know he has kept his stash of wealth here
Published 20 Jun, 2017 12:00am
Karachi LTU collects Rs 1.023 trillions

Karachi LTU collects Rs 1.023 trillions

Large Taxpayers Unit (LTU), Karachi has crossed a trillion-mark in the second consecutive year by collecting Rs 1.023 trillion with 11 more days still to go for the financial year-end. According to official details, the LTU Karachi collected Rs 1.140 tril
Published 20 Jun, 2017 12:00am
Oxfam signs MoU with Matco Foods

Oxfam signs MoU with Matco Foods

A Memorandum of Understanding (MoU) has signed between Matco Foods, Pakistan's largest Basmati rice exporter, Oxfam in Pakistan and Doaba Foundation pledging to improve the socioeconomic conditions of rice growers in Pakistan. The MoU was signed in a cere
Published 20 Jun, 2017 12:00am
Minister seeks civil society's role for reopening schools

Minister seeks civil society's role for reopening schools

Provincial Minister for Education and Literacy Jam Mehtab Hussain Dahar has said the remaining 2,000 closed schools will be reopened in collaboration with private sector and in this regard involvement of civil society is much needed. This he said while pr
Published 20 Jun, 2017 12:00am
PSO becomes partner with Telenor to provide branchless banking

PSO becomes partner with Telenor to provide branchless banking

Country's largest oil marketing company, Pakistan State Oil Company (PSO), has partnered with Telenor Pakistan, premier digital and mobile financial services provider of Pakistan, to offer branchless banking services nationwide utilizing its 3,500 outlets
Published 20 Jun, 2017 12:00am
Runway renovation: Gwadar airport to be closed from July 1

Runway renovation: Gwadar airport to be closed from July 1

The Civil Aviation Authority (CAA) has decided to close down the under-construction Gwadar International Airport in July due to expansion work on the runway. The CAA sources said the runway will be inoperable form July 1-31. An alternative runway has not
Published 20 Jun, 2017 12:00am
Heat waves likely for two days

Heat waves likely for two days

The Met Office on Monday said that heat waves are expected to engulf the metropolis for the next two days (Tuesday and Wednesday). Heat Wave Early Warning Centre Karachi said that the city's weather is likely to remain partly cloudy with chancing of light
Published 20 Jun, 2017 12:00am
DGI&II busts importers gang involved in smuggling

DGI&II busts importers gang involved in smuggling

Directorate General of intelligence and Investigation, Customs Karachi claimed to have busted a gang of importers, who are allegedly involved in the smuggling of kerosene oil for last two years. According to details, credible information was received from
Published 20 Jun, 2017 12:00am
Lending under CGS: PFIs asked to select specific sectors

Lending under CGS: PFIs asked to select specific sectors

The State Bank of Pakistan (SBP) has asked Participating Financial Institutions (PFIs) for selection of two to three specific sectors for lending under Credit Guarantee Scheme (CGS) for Small and Rural Enterprises. "Under CGS sector specific approach, all
Published 20 Jun, 2017 12:00am
Bilawal opens Rs 514.917 millions Manzil Pump Flyover

Bilawal opens Rs 514.917 millions Manzil Pump Flyover

Sindh Chief Minister Syed Murad Ali Shah has said that with the inauguration of Manzil Pump Flyover at National Highway the flow of vehicular traffic, particularly heavy traffic of industrial areas from airport to National Highway would be smooth and sign
Published 20 Jun, 2017 12:00am
Pakistani businessmen visit Lebanon, signs four MoUs
Exchange

Pakistani businessmen visit Lebanon, signs four MoUs

A high profile delegation comprised of 28 business dignitaries from various sectors of Pakistan on the invitation of Prime Minister of Lebanon Saad Hariri visited Lebanon from May 13-18, 2017. The delegation was headed by Irfan Sarwana, Vice President FPC
Published 20 Jun, 2017 12:00am
Early learning centre set up in Hyderabad central jail

Early learning centre set up in Hyderabad central jail

The Secretary Women Development Department Sindh Mudassir Iqbal has said that establishment of Early Learning Centre in Central Jail Hyderabad is not less than a milestone to provide quality education and training to the children of women prisoners.
Published 20 Jun, 2017 12:00am
Nafees Siddiqui of PPP joins PTI

Nafees Siddiqui of PPP joins PTI

Former Secretary General Pakistan People's Party (PPP) Sindh Nafees Siddiqui on Monday called on Pakistan Tehreek-e-Insaf Chairman Imran Khan and announced to join PTI. The PPP leader's meeting with PTI chief was held at MNA Arif Alvi's residence in Karac
Published 20 Jun, 2017 12:00am
Rs 23.6 billion allocated to revitalize industrial sector

Rs 23.6 billion allocated to revitalize industrial sector

The Punjab government has allocated an amount of Rs 23.6 billion in its budget for FY 2017-18 for revitalizing the industrial sector. The provincial government has formulated a comprehensive industrial development plan as part of Punjab Growth Strategy. A
Published 20 Jun, 2017 12:00am
Shahbaz visits Haveli Bahadar Shah power plant

Shahbaz visits Haveli Bahadar Shah power plant

Punjab Chief Minister Shahbaz Sharif said on Monday that the elements desirous of their failure in journey to development, in fact, want to see the people unsuccessful, but politically conscious people of Pakistan will not allow it to happen. While talkin
Published 20 Jun, 2017 12:00am
Three sisters die after eating contaminated 'chaat'

Three sisters die after eating contaminated 'chaat'

Three sisters affected of consuming contaminated 'Channa Chaat' expired during treatment here on Monday. Police said that three sisters aged under 10 years and hailing from suburbs of Sialkot city consumed 'channa chaat' purchased from a local vendor in t
Published 20 Jun, 2017 12:00am
CNG stations to remain open on Eid

CNG stations to remain open on Eid

Federal government has decided not to cut gas supply to CNG stations across country in the next week as festive of Eid-ul-Fitr approaches. According to details, the federal government has issued clear directives to ministry of petroleum in this regard and
Published 20 Jun, 2017 12:00am
Three killed in property dispute clash
Exchange

Three killed in property dispute clash

At least three people were killed in an armed clash between two groups over property dispute here on Monday. Police said that armed men of two groups having old dispute over ownership of a piece of land traded fire in village Chillianwala of Mandi Bahaudd
Published 20 Jun, 2017 12:00am
Eradication of corruption essential for prosperity: Liaqat Baloch

Eradication of corruption essential for prosperity: Liaqat Baloch

Acting chief of the Jamaat-e-Islami, Liaqat Baloch, has said that the eyes of the whole nation were on the Supreme Court for wiping out the corruption mafia and the corrupt governmental system and for ending the status quo based on injustice and tyranny.
Published 20 Jun, 2017 12:00am
Auction of eight commercial plots LDA fetches Rs 430.24 millions

Auction of eight commercial plots LDA fetches Rs 430.24 millions

The Lahore Development Authority fetched Rs 430.24 million by auctioning its eight commercial plots in its residential colonies Johar Town, Sabza Zar, Jubilee Town, Gujjar Pura and Quaid-e-Azam town on Monday. The biggest amount of Rs 330.2 million was ob
Published 20 Jun, 2017 12:00am
Police arrest 60 suspects

Police arrest 60 suspects

As people belonging to all walks of life took to the streets to celebrate Pakistan's victory India in the ICC Champions Trophy, the city police on Monday night detained several suspects including one-wheelers after the security was put on high alert in th
Published 20 Jun, 2017 12:00am
SMEDA to launch business development programme for SMEs

SMEDA to launch business development programme for SMEs

The Small and Medium Enterprises Development Authority (SMEDA) has planned to launch the National Business Development Programme for SMEs to provide support to small and medium enterprises of the country. The SMEDA spokesman while talking to Business R
Published 20 Jun, 2017 12:00am
PFA bans canteens sans valid food license in schools, hospitals

PFA bans canteens sans valid food license in schools, hospitals

The Punjab Food Authority (PFA) issued a notice here on Monday that no canteens or cafeteria will be allowed to work in educational institutions, hospitals and other places without a valid food business license after July 15, 2017. According to the notice
Published 20 Jun, 2017 12:00am
Cabinet body reviews arrangements at Ramazan bazaars

Cabinet body reviews arrangements at Ramazan bazaars

A meeting of Cabinet Committee for Ramazan Package was held under chairmanship of Provincial Minister for Planning and Development Malik Nadeem Kamran to review arrangements at Ramazan bazaars, prices, quality and supply of daily-use items, at Civil Secre
Published 20 Jun, 2017 12:00am
NTDC connects Balloki power plant to national grid

NTDC connects Balloki power plant to national grid

National Transmission and Despatch Company Ltd (NTDC) has connected 1200MW RLNG Balloki Power Plant with national grid, said NTDC spokesman on Monday. He said the power plant has been connected through 500kV transmission line Balloki - Shaikhupura and 500
Published 20 Jun, 2017 12:00am
Pre-monsoon rains start

Pre-monsoon rains start

As predicted by the Meteorological department the pre-monsoon rains, dust-thundershower with gusty winds occurred at scattered places in Islamabad, Rawalpindi, Gujranwala, Lahore divisions, while at isolated places in Malakand Hazara, DG khan, Multan, Bah
Published 20 Jun, 2017 12:00am
Completion of BRT shouldn't go beyond six months: Khattak

Completion of BRT shouldn't go beyond six months: Khattak

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has categorically stated that the completion of Bus Rapid Transit should not go beyond six months. He showed resentment on certain tendering documents mentioning completion period of Peshawar Bus Rapid Tran
Published 20 Jun, 2017 12:00am
NH&MP IG for checks on overloading on PSVs

NH&MP IG for checks on overloading on PSVs

On the directives of Inspector General National Highways & Motorway Police, the central zone has launched enforcement campaign in order to control the violations of overcharging and overloading in public service vehicle (PSVs) on the eve of Eid-ul-Fiter.
Published 20 Jun, 2017 12:00am
Nawaz's National Health Programme launched in Abbottabad

Nawaz's National Health Programme launched in Abbottabad

Minister for National Health Services Saira Afzal Tarar on Monday launched Prime Minister's National Health Program Abbottabad by distributing health cards among enrolled families below the poverty line in a ceremony here. Addressing the ceremony, Saira A
Published 20 Jun, 2017 12:00am
LHC orders DIG to appear in person re habeas petition

LHC orders DIG to appear in person re habeas petition

The Lahore High Court on Monday hearing a habeas corpus petition seeking recovery of a lawyer's wife Ayesha and her son directed the DIG (operations) to appear in person on Tuesday (today). The court reprimanded DSP Race Course circle Safdar Kazmi for not
Published 20 Jun, 2017 12:00am
Swedish heavy vehicle maker awards distribution rights to YDC

Swedish heavy vehicle maker awards distribution rights to YDC

Renowned Swedish heavy commercial vehicle manufacturer SCANIA has awarded exclusive distribution rights to Yousuf Dewan Companies to introduce its comprehensive range of premium trucks, truck-tractors, buses and coaches in Pakistan. A reliable name in the
Published 20 Jun, 2017 12:00am
Advice for cotton growers
Cotton

Advice for cotton growers

The Punjab Agriculture Department (PAD) has advised the cotton growers to take precautionary measures to save their crop from the damages caused by the rain water. It advised the growers to avoid standing of rain water in the fields. It also urged the gro
Published 20 Jun, 2017 12:00am
ECP rejects plea against PPP leader on land-grab charges

ECP rejects plea against PPP leader on land-grab charges

Election Commission of Pakistan on Monday rejected an application filed against Opposition leader Syed Khursheed Shah for alleged provoking to occupy land in Sukkur. During last hearing, the ECP had issued notice to Khursheed Shah on an application filed
Published 20 Jun, 2017 12:00am
Farmers to launch protest campaign after Eid: PKI chief
Cotton

Farmers to launch protest campaign after Eid: PKI chief

"Farmers have decided to launch a protest campaign after Eid-ul-Fitr as the Sharif administration has not met any of their demands in the budget 2017-18." This was stated by Khalid Mahmood Khokhar, President Pakistan Kisan Itehad, to Business Recorder<
Published 20 Jun, 2017 12:00am
Pensioners term KP budget fraud, disappointing

Pensioners term KP budget fraud, disappointing

All Pakistan Pensioners Association (APPA) President for Swabi district, Sher Zada has termed KP budget for fiscal year 2017-18 as fraud and very disappointing. Sher Zada said that the provincial budget was just limited to statements of newspapers and has
Published 20 Jun, 2017 12:00am
Ashfaq Warraich named PML Lahore VP

Ashfaq Warraich named PML Lahore VP

Pakistan Muslim League's former MNA Mian Munir accompanied by Chaudhry Muhammad Ashfaq Warraich, Chaudhry Azam Warraich and Chaudhry Mehfooz Warraich called on Pakistan Muslim League (PML) senior leader Chaudhry Parvez Elahi at his residence here on Monda
Published 20 Jun, 2017 12:00am
Ice heroin recovered

Ice heroin recovered

Airport Security Force (ASF) on Monday recovered 2 kg of ice heroin from a woman's luggage at Benazir International Airport in Islamabad. The security forces confiscated the drug during operation in Saudi Arabia-bound flight, however, the suspect identifi
Published 20 Jun, 2017 12:00am
SECP notifies investor education, awareness fund rules
Exchange

SECP notifies investor education, awareness fund rules

The Securities and Exchange Commission of Pakistan (SECP) has notified the draft Investor Education and Awareness Fund Rules, 2017, and the Unclaimed Shares, Modaraba Certificates, Dividend and Other Instruments Regulations, 2017, to obtain public opinion
Published 20 Jun, 2017 12:00am
Rehman Malik returns home to appear before JIT

Rehman Malik returns home to appear before JIT

Former Interior Minister and PPP leader Senator Rehman Malik on Monday reached Pakistan after cutting short his foreign visit to appear before the joint investigation team (JIT) currently seized with investigation into money laundering allegations against
Published 20 Jun, 2017 12:00am
Najam Sethi says was manhandled by supporters of PTI

Najam Sethi says was manhandled by supporters of PTI

Pakistan Cricket Board (PCB) Executive Committee Chairperson Najam Sethi has claimed he was 'manhandled, pushed and shoved' by a group of Pakistan Tehreek-e-Insaf (PTI) supporters at The Oval after the thrilling Champions Trophy final between Pakistan and
Published 20 Jun, 2017 12:00am
ISPR DG welcomes Ronaldinho, team

ISPR DG welcomes Ronaldinho, team

Director General Inter-Services Public Relations (ISPR) Major General Asif Ghafoor has extended a warm welcome to Brazilian football legend Ronaldinho and his team ahead of their Pakistan visit, scheduled for July. In a Twitter post on Monday, the DG ISPR
Published 20 Jun, 2017 12:00am
Baby powder milk makers issued final notices

Baby powder milk makers issued final notices

Khyber Pakhtunkhwa Health Department has issued final notice to companies, both local and multi-national, producing baby powder milk to properly print wording about importance of `Mother milk' on the packing. "Mother's milk is the best food for child as i
Published 20 Jun, 2017 12:00am
Protest against power outages in Swabi, Peshawar

Protest against power outages in Swabi, Peshawar

People belonging to Tehsil Topi city district Swabi and its surrounding areas have blocked Topi-Tarbela road while staging a protest demonstration against prolonged unannounced load-shedding in district, while residents of Peshawar also staged a protest a
Published 20 Jun, 2017 12:00am
Byco Petroleum Pakistan Limited
Mutual Funds

Byco Petroleum Pakistan Limited

Byco Petroleum Pakistan Limited was formed in January 1995 as a public listed company. It started its first oil refinery with a capacity of 30,000 barrels a day at Hub, Balochistan with commercial production starting from July, 2004. The company manufactu
Published 20 Jun, 2017 12:00am
Byco Petroleum Pakistan Limited
Mutual Funds

Byco Petroleum Pakistan Limited

Byco Petroleum Pakistan Limited was formed in January 1995 as a public listed company. It started its first oil refinery with a capacity of 30,000 barrels a day at Hub, Balochistan with commercial production starting from July, 2004. The company manufactu
Published 20 Jun, 2017 12:00am
Rejoinder to 'Dar's claims and PWC report'
Exchange

Rejoinder to 'Dar's claims and PWC report'

The writer has stated that in PWC report the Gross Domestic Product ranking projections were based on Purchasing Power Parity (PPP) which adjusts for price differentials between countries reflecting the volume of goods and services produced and not GDP at
Published 20 Jun, 2017 12:00am
Dasti produced in ATC

Dasti produced in ATC

Member of National Assembly and chairman of Pakistan Awami Raj party Jamshed Dasti was produced in Anti-Terrorism Court here on Monday under heavy security arrangements. Dasti production before the ATC prompted labourers to come out on roads in his suppor
Published 20 Jun, 2017 12:00am
Israel cuts back Gaza electricity supplies

Israel cuts back Gaza electricity supplies

Israel on Monday began reducing electricity supplies to the Gaza Strip, despite warnings the move could increase suffering and tensions in the Palestinian enclave. The cut will reduce the mains power flow to Gaza to as little as two hours a day, though ma
Published 20 Jun, 2017 12:00am
Car explodes after hitting police van on Champs-Elysees

Car explodes after hitting police van on Champs-Elysees

A car exploded and burst into flames after it crashed into a police van on the Champs-Elysees avenue in Paris on Monday, police and investigators said, adding that the driver was armed. A source close to the investigation said the driver was "seriously in
Published 20 Jun, 2017 12:00am
EU rolls over Crimea sanctions for another year

EU rolls over Crimea sanctions for another year

The European Union on Monday rolled over for another year sanctions imposed to protest Russia's 2014 annexation of Crimea from Ukraine, which the bloc deems illegal. The Crimea sanctions prohibit certain exports and imports, and ban investment and tourism
Published 20 Jun, 2017 12:00am
Muslim teen killed after leaving Virginia mosque

Muslim teen killed after leaving Virginia mosque

A tight-knit Muslim community in the Virginia suburbs of Washington was grieving Monday after a teenager was apparently assaulted and killed as she left a local mosque. Friend and worshippers at the mosque, known as the All Dulles Area Muslim Society, hav
Published 20 Jun, 2017 12:00am
EU warns of 'united response' to cyberattacks

EU warns of 'united response' to cyberattacks

The European Union warned Monday that a cyberattack on any one member state could merit a response by all members of the bloc, amid growing fears of hackers holding governments to ransom. Last month, "Wannacry," a huge ransomware attack linked to North Ko
Published 20 Jun, 2017 12:00am
Moscow names new Turkey ambassador after assassination

Moscow names new Turkey ambassador after assassination

Russian President Vladimir Putin on Monday appointed a new ambassador to Turkey following the killing of Moscow's previous envoy Andrei Karlov in December. In a decree posted in an official database, Putin gave an order to "appoint Alexei Yerkhov as ambas
Published 20 Jun, 2017 12:00am
Macron wins strong majority for reform

Macron wins strong majority for reform

President Emmanuel Macron was poised to forge ahead with pro-EU, business-friendly reforms Monday after his centrist party redrew France's political map with a resounding victory in parliamentary elections. Although it fell short of a predicted landslide,
Published 20 Jun, 2017 12:00am
Nato holds first war games on vulnerable Baltic corridor

Nato holds first war games on vulnerable Baltic corridor

Nato has held its first war games focused on defending the Suwalki Gap, a land corridor critical to the security of its Baltic allies, officials said Monday, amid tensions with Russia. The narrow stretch of the Polish-Lithuanian border is sandwiched betwe
Published 20 Jun, 2017 12:00am
China, Russia to hold joint naval drills

China, Russia to hold joint naval drills

A Chinese naval fleet is steaming towards the Baltic Sea to participate in joint exercises with Russia, with the show of force to take place after US President Donald Trump visits Nato ally Poland next month. The three ships, headed by the Changsha destro
Published 20 Jun, 2017 12:00am
Turkish troops in Qatar for joint exercises

Turkish troops in Qatar for joint exercises

Turkish troops have arrived in Doha to take part in joint training exercises, Qatar's defence ministry said on Monday, at a time of high tension in the Gulf. The first joint drills took place on Sunday at the Tariq bin Ziyad military camp in Doha, the min
Published 20 Jun, 2017 12:00am
Iraq's Abadi visits Saudi Arabia ahead of Iran stop

Iraq's Abadi visits Saudi Arabia ahead of Iran stop

Iraq's Prime Minister Haider al-Abadi arrived in Saudi Arabia Monday on a tour that will also take him to Riyadh's rival Iran and to Kuwait. His visit comes with the Gulf region in turmoil after Saudi Arabia, the United Arab Emirates and other allies cut
Published 20 Jun, 2017 12:00am
Indonesia, Malaysia, Philippines launch naval patrols

Indonesia, Malaysia, Philippines launch naval patrols

Indonesia, Malaysia and the Philippines began joint naval patrols in their region Monday as threats from extremist groups increase. The "trilateral coordinated maritime patrol" was launched amid continuing battles between Philippine troops and Islamist gu
Published 20 Jun, 2017 12:00am
16 killed in double suicide attack in NE Nigeria

16 killed in double suicide attack in NE Nigeria

At least 16 people died in a double suicide bombing near a large camp for people made homeless by years of Boko Haram violence, Nigeria's emergency services and locals said Monday. It was the biggest in a series of weekend attacks. The National Emergency
Published 20 Jun, 2017 12:00am
Singapore PM says sorry for family feud

Singapore PM says sorry for family feud

Prime Minister Lee Hsien Loong apologised to Singaporeans on Monday for a bitter family feud over his late father's legacy, saying it had damaged the country's reputation. Lee and two younger children of revered founding leader Lee Kuan Yew have been atta
Published 20 Jun, 2017 12:00am
Players won't budge on pay demands: Warner

Players won't budge on pay demands: Warner

Australia's cricketers will not back down in a bitter pay dispute, David Warner has warned amid fears their October tour of India is looming as a flashpoint. As the June 30 deadline for a new memorandum of understanding between Cricket Australia and the A
Published 20 Jun, 2017 12:00am
Stori to face Darwash in Nazim Peshawar Hockey final

Stori to face Darwash in Nazim Peshawar Hockey final

Islamia College Stori will face Qisa Khawani Darwash in the grand final of the ongoing Nazim Peshawar Floodlight Hockey League being played here at Lala Ayub Hockey Stadium. Nazim Peshawar, Muhammad Asim was the chief guest on this occasion and before the
Published 20 Jun, 2017 12:00am
Pakistan hailed by media after 'confounding everyone'

Pakistan hailed by media after 'confounding everyone'

Jubilant photographs of Pakistan cricket fans dancing in the streets were plastered all over national newspapers Monday after their eighth-ranked team produced a thrilling win against arch-rivals India in the Champions Trophy final. Pakistan inflicted a m
Published 20 Jun, 2017 12:00am
Brooks Koepka wins 117th US Open Championship

Brooks Koepka wins 117th US Open Championship

Brooks Koepka produced a back-nine birdie blitz to win the US Open here Sunday, becoming the seventh consecutive first-time winner of a major with a record-equalling four-shot victory at Erin Hills. The 27-year-old from Florida fired a five-under-par fina
Published 20 Jun, 2017 12:00am
Arthur eager for World XI visit to Pakistan

Arthur eager for World XI visit to Pakistan

Pakistan coach Mickey Arthur said he hoped a proposed World XI visit to the country later this year went ahead after his side served notice of their enduring talent with a stunning Champions Trophy final win over India. Bottom-ranked Pakistan produced a b
Published 20 Jun, 2017 12:00am
Bayern rubbish reports of a swoop for Ronaldo

Bayern rubbish reports of a swoop for Ronaldo

Bayern Munich on Monday rubbished reports they are set to swoop for world superstar Cristiano Ronaldo - with the German giants' chairman Karl-Heinz Rummenigge insisting it's pure fantasy. The 32-year-old Real Madrid star has threatened to leave Spain afte
Published 20 Jun, 2017 12:00am
Video referee in focus as late strikes see Chile past Cameroon

Video referee in focus as late strikes see Chile past Cameroon

Arturo Vidal's late header helped Chile to a 2-0 win over Cameroon in their Confederations Cup Group B opener in Moscow on Sunday, as the video assistant referee played a prominent role. Chile dominated an entertaining, but goalless, first half as Eduardo
Published 20 Jun, 2017 12:00am
Less buying interest pushes cotton rates down
Cotton

Less buying interest pushes cotton rates down

Less buying interest pushed the rates further down on the cotton market on Monday in process of trading, dealers said. The official spot rate was lower by Rs 50 to Rs 6650, they said. In the ready session, a single deal of 755 bales of cotton from Haroona
Published 20 Jun, 2017 12:00am
EU wheat jumps to 3-1/2-month high
Exchange

EU wheat jumps to 3-1/2-month high

A surge on US grain markets pushed European milling wheat futures in to their highest in about 3-1/2 months on Friday. New crop benchmark December milling wheat on the Paris-based Euronext exchange unofficially closed up 1.5 percent or 2.75 euros at 177.5
Published 20 Jun, 2017 12:00am
US natural gas futures ease as output rises

US natural gas futures ease as output rises

US natural gas futures eased on Friday as production edged higher despite forecasts for steady above-normal temperatures through late June expected to boost cooling demand. Front-month gas futures fell 1.9 cents, or 0.6 percent, to settle at $3.037 per mi
Published 20 Jun, 2017 12:00am
Chinese steel futures rise for third day
Exchange

Chinese steel futures rise for third day

Chinese steel futures rose for a third day in a row on Friday but gave up bulk of the day's gains as the outlook for demand in the world's top steel consumer may not be too promising, particularly from its property sector. Shanghai rebar steel futures ros
Published 20 Jun, 2017 12:00am
US FOB Gulf HRW wheat offers higher on protein woes

US FOB Gulf HRW wheat offers higher on protein woes

Export premiums for hard red winter wheat shipped from the US Gulf Coast were higher on Friday amid tight supplies of high-protein grain and solid demand, traders said. Premiums for 12-percent protein HRW have widened to around 75 cents above 11.5 percent
Published 20 Jun, 2017 12:00am
Palm oil higher on European vegoils market
Vegetable Oil

Palm oil higher on European vegoils market

Palm oil on the European vegetable oils market rose again on Friday, supported by strong gains in Malaysian palm oil futures which had been boosted by a weaker ringgit and gains in rival soyaoil. A lower ringgit could increase export demand as it makes pa
Published 20 Jun, 2017 12:00am
US Plains HRW wheat bids steady

US Plains HRW wheat bids steady

Spot basis bids for hard red winter wheat held steady across the interior southern US Plains on Friday but continued to firm for supplies headed to the US Gulf, grain dealers said. Farmer sales remained slow, even with a rally in the futures market pushin
Published 20 Jun, 2017 12:00am
Asian naphtha crack extends losses

Asian naphtha crack extends losses

Asia's naphtha crack extended losses for the second straight day on Friday to reach a 1-1/2-week low of $57.18 as healthy demand was offset by expectations of high supplies. Cargoes arriving in Asia from Europe and the Mediterranean in July are expected t
Published 20 Jun, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 20 Jun, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 20 Jun, 2017 12:00am
State Bank of Pakistan conversion rates
Exchange

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 20 Jun, 2017 12:00am
Barclays bid rates and maximum rates for payment of interest
Exchange

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 20 Jun, 2017 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (June 19, 2017).

Published 20 Jun, 2017 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (June 19, 2017).

Published 20 Jun, 2017 12:00am
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