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Print - 2017-06-20
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (June 19, 2017).

Published 20 Jun, 2017 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (June 19, 2017).
Published 20 Jun, 2017 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan 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
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
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
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
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
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
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
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 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
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 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
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
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
PMEX daily trading report
Exchange

PMEX daily trading report

On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 2,884. The total traded value of Metals, Energy and COTS/FX was recorded at 3.951 billion and the number of lots traded was 8,627. Major business was contributed by gold amo
Published 20 Jun, 2017 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian canola futures rose on Friday in thin volume, lifted by modest technical buying and talk of export sales. July canola gained $1.10 at $514.10 per tonne. Most-active November canola added $2.30 to $488.20 per tonne. July-November canola spread
Published 20 Jun, 2017 12:00am
US wheat futures rise

US wheat futures rise

US wheat futures rose on Friday, supported by concerns that dry weather in key growing areas of the world would lead to shortfalls of high-protein supplies of the grain, traders said. Gains accelerated as investment funds covered short positions when the
Published 20 Jun, 2017 12:00am
US Midwest corn bids lower

US Midwest corn bids lower

Spot basis bids for corn were 1-2 cents per bushel lower at processors in Illinois and Nebraska on Friday and mostly steady elsewhere in the US Midwest following scattered farmer sales during a rally in futures, grain merchants said. Farmers sold small am
Published 20 Jun, 2017 12:00am
Iraq buys 30,000 tonnes of Argentine rice

Iraq buys 30,000 tonnes of Argentine rice

Iraq's state grains buyer purchased about 30,000 tonnes of rice to be sourced from Argentina in an international tender which closed this week, European traders said on Friday. It was purchased at around $548 a tonne c&f, they said. The tender closed on J
Published 20 Jun, 2017 12:00am
European gasoline marginally higher

European gasoline marginally higher

Gasoline refining margins in northwest Europe were marginally higher on Friday after sharp falls the previous day as an oversupplied US market continued to weigh on transatlantic export economics. Exports to the US East Coast significantly slowed in recen
Published 20 Jun, 2017 12:00am
Activities at Karachi & Qasim Ports

Activities at Karachi & Qasim Ports

The Karachi Port handled 305,057 tonnes of cargo comprising 145,362 tonnes of import cargo and 159,695 tonnes of export cargo including 8,104 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 14
Published 20 Jun, 2017 12:00am
Moody's downgrades Australia's top banks over housing risk

Moody's downgrades Australia's top banks over housing risk

Moody's Investors Service on Monday downgraded 12 Australian banks, including the four biggest lenders, reflecting what it called elevated risks in the household sector. Such risk was heightening the sensitivity of the banks' credit profiles to an adverse
Published 20 Jun, 2017 12:00am
Moody's downgrades Australia's top banks over housing risk

Moody's downgrades Australia's top banks over housing risk

Moody's Investors Service on Monday downgraded 12 Australian banks, including the four biggest lenders, reflecting what it called elevated risks in the household sector. Such risk was heightening the sensitivity of the banks' credit profiles to an adverse
Published 20 Jun, 2017 12:00am
In Brexit boost, Jaguar Land Rover to hire 5,000 staff

In Brexit boost, Jaguar Land Rover to hire 5,000 staff

Britain's biggest carmaker Jaguar Land Rover (JLR) will hire 5,000 staff as it boosts its skills in autonomous and electric technology, a welcome business endorsement as Prime Minister Theresa May starts Brexit talks after a botched election. JLR, which e
Published 20 Jun, 2017 12:00am
Japan logs surprise trade deficit

Japan logs surprise trade deficit

Japan unexpectedly slumped back into a trade deficit for the first time in four months, as soaring energy import bills offset growth in the country's shipments abroad, government data showed Monday. Japan logged a surprise deficit of 203 billion yen ($1.8
Published 20 Jun, 2017 12:00am
IMF says Japan needs to stick with fiscal, monetary stimulus

IMF says Japan needs to stick with fiscal, monetary stimulus

The International Monetary Fund urged Japan to avoid withdrawing fiscal policy stimulus and said monetary policy should be loosened further if risks to the economy materialise, warning of weak consumption that remains vulnerable to external shocks. While
Published 20 Jun, 2017 12:00am
UK seeks 'special' EU ties as Brexit talks start
Exchange

UK seeks 'special' EU ties as Brexit talks start

Britain's negotiators came to Brussels seeking a "new, deep and special partnership with the European Union" on Monday as talks on the unprecedented British withdrawal from the bloc finally got under way. A beaming Brexit Secretary David Davis, a veteran
Published 20 Jun, 2017 12:00am
EU needs military tech investments to stay ahead: EU official

EU needs military tech investments to stay ahead: EU official

Europe must invest in new military technologies to stay ahead of increasing threats and respond to "a new world" in which it cannot rely solely on the United States, the EU's Economic and Financial Affairs Commissioner Pierre Moscovici said. Moscovici sai
Published 20 Jun, 2017 12:00am
Lockheed signs pact with Tata to make F-16 planes in India

Lockheed signs pact with Tata to make F-16 planes in India

Lockheed Martin signed an agreement with India's Tata Advanced Systems on Monday to produce F-16 fighter planes in India, pressing ahead with a plan to shift its Fort Worth, Texas plant to win billions of dollars worth of order from the Indian military. I
Published 20 Jun, 2017 12:00am
Boeing announces latest plane at Paris Air Show

Boeing announces latest plane at Paris Air Show

Boeing announced Monday what it claims will be the most efficient jet yet in the highly competitive civil aviation market as it tries to claw back market share from rival Airbus. "Today, it is our pleasure to officially announce the newest member of our 7
Published 20 Jun, 2017 12:00am
ECB lifts lid on enigmatic emergency bank lifeline terms

ECB lifts lid on enigmatic emergency bank lifeline terms

The European Central Bank revealed the full terms of its emergency bank funding scheme on Monday, including how much it charges lender, as part of an attempt to make the often criticised liquidity lifeline more transparent. Provided to solvent European ba
Published 20 Jun, 2017 12:00am
Saudi index surges before MSCI decision, UAE's Tabreed soars

Saudi index surges before MSCI decision, UAE's Tabreed soars

Saudi Arabia's stock market surged on Monday after a regulatory official was quoted as predicting the bourse would enter MSCI's emerging market index sooner than most investors had expected, while the rest of the region was subdued. Mohammed El-Kuwaiz, vi
Published 20 Jun, 2017 12:00am
Hong Kong stocks rise
Exchange

Hong Kong stocks rise

Hong Kong stocks had their best day in nearly six weeks on Monday, led by IT and financial shares, as investors welcomed a plan for a new board to attract "new economy" listings - which would benefit investment banks and put vigour in the tech sector.
Published 20 Jun, 2017 12:00am
Tokyo stocks soar

Tokyo stocks soar

Tokyo stocks rose Monday, tracking a record close for the Dow on Wall Street, with exporters boosted by a weaker yen as data showed Japan saw a surprise trade deficit in May. "As the market went through major news events last week and the remaining French
Published 20 Jun, 2017 12:00am
Monday's early trade: Wall Street rises as tech stocks bounce back

Monday's early trade: Wall Street rises as tech stocks bounce back

US stocks were higher in late morning trading on Monday, with the S&P 500 and Dow Jones Industrial Average hitting yet another record high, as technology stocks rebounded after recent losses. The S&P technology sector is coming off its second straight wee
Published 20 Jun, 2017 12:00am
TSX rises
Exchange

TSX rises

Canada's main stock index was lifted by shares of financial firms on Monday, while energy companies got a boost as oil prices steadied after coming under pressure over the past month. Royal Bank of Canada was the biggest gainer on the index, up 1.0 percen
Published 20 Jun, 2017 12:00am
Most Southeast Asian stocks rise; Vietnam hits nine year high

Most Southeast Asian stocks rise; Vietnam hits nine year high

Most Southeast Asian stock markets ended higher on Monday on improved risk sentiment as investors looked past the US Federal Reserve's decision last week to raise interest rates, with Vietnam hitting at a fresh nine-year closing high. The Philippines led
Published 20 Jun, 2017 12:00am
Clear Macron win whets appetite for French, South European bonds

Clear Macron win whets appetite for French, South European bonds

The gap between French and German bond yields held near its tightest level in seven months after French President Emmanuel Macron won a commanding majority in parliamentary elections, securing a strong mandate for pro-business reforms. France's 10-year go
Published 20 Jun, 2017 12:00am
Clear Macron win whets appetite for French, South European bonds

Clear Macron win whets appetite for French, South European bonds

The gap between French and German bond yields held near its tightest level in seven months after French President Emmanuel Macron won a commanding majority in parliamentary elections, securing a strong mandate for pro-business reforms. France's 10-year go
Published 20 Jun, 2017 12:00am
Indian shares surge

Indian shares surge

Indian shares rose on Monday as banking stocks gained on hopes that a central bank initiative directing lenders to start bankruptcy proceedings against large loan defaulters would help reduce the levels of bad debt hampering credit growth in the country.
Published 20 Jun, 2017 12:00am
China stocks gain

China stocks gain

China stocks rose on Monday, with the blue-chip CSI300 index snapping a three-day losing streak, on signs that tight liquidity is easing and as fewer new listings are expected to come onto the market. The blue-chip CSI300 index rose 1.0 percent, to 3,553.
Published 20 Jun, 2017 12:00am
Australian shares climb; New Zealand hits record high

Australian shares climb; New Zealand hits record high

Australian shares rose on Monday, which much of the gains supplied by financials stocks sought for attractive dividend yields. The S&P/ASX 200 index ended up 0.5 percent or 31.17 points to 5,805.20. The desire for high dividend yields - which are a featur
Published 20 Jun, 2017 12:00am
France, banks, retail rebound make for bright start for European shares

France, banks, retail rebound make for bright start for European shares

French stocks outperformed upbeat European indices on Monday following a convincing parliamentary majority for President Emmanuel Macron, while banks bounced following upgrades and the retail sector recovered from last week's losses. France's blue-chips g
Published 20 Jun, 2017 12:00am
Sri Lankan rupee weakens
Exchange

Sri Lankan rupee weakens

The Sri Lankan rupee ended weaker on Monday as dollar demand from importers weighed on the spot currency when it resumed trading after six weeks, dealers said. The spot rupee ended at 153.18/23 after it began trading for the first time since May 5 when th
Published 20 Jun, 2017 12:00am
Pound, dollar steady in Asian trade

Pound, dollar steady in Asian trade

Sterling held steady on Monday ahead of the start of Brexit negotiations, with investors also awaiting comments from a top Federal Reserve official to see whether the US dollar's recent rise can be sustained. The British pound was little changed at $1.277
Published 20 Jun, 2017 12:00am
Early trade in NY: dollar edges up on Fed Dudley's comments, yen slips

Early trade in NY: dollar edges up on Fed Dudley's comments, yen slips

The dollar nudged higher on Monday as an influential US Federal Reserve official expressed confidence rising wages would help revive domestic inflation which has shown signs of softening recently. The yen weakened against the greenback and euro following
Published 20 Jun, 2017 12:00am
Yen suffers in Europe as eyes shift to Fed speakers

Yen suffers in Europe as eyes shift to Fed speakers

The differing messages of the world's major central banks on inflation and monetary policy prodded the dollar and euro higher against the yen on Monday, with traders eyeing a series of appearances by US Federal Reserve officials this week. Fed chief Janet
Published 20 Jun, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Monday. 80.56-80.60 (previous 80.56-80.60).
Published 20 Jun, 2017 12:00am
Asian currencies climb
Exchange

Asian currencies climb

Most emerging Asian currencies edged up on Monday, with the Korean won leading gains as the dollar was subdued by questions over the strength of the US economy after weak economic data. The dollar's rally on the back of rising interest rates was tempered
Published 20 Jun, 2017 12:00am
Aussie, kiwi up
Exchange

Aussie, kiwi up

The Australian dollar stood near a 2-1/2 month peak on Monday aided by upbeat economic data and as the price of iron ore - the country's No. 1 export earner - steadied following steep falls in recent weeks. A weakening greenback helped support the Austral
Published 20 Jun, 2017 12:00am
Sterling slips as Brexit talks get underway

Sterling slips as Brexit talks get underway

Sterling edged down against the dollar on Monday, with demand for the currency weakened by uncertainty over domestic politics and over Britain's economic future, as formal Brexit negotiations got under way. Britain and the European Union's chief negotiato
Published 20 Jun, 2017 12:00am
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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 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
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
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
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
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
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