News Archives for Print - 2017-06-29

ChemChina has completed its $43 billion takeover of Swiss pesticide and seed giant Syngenta, the companies said, in the biggest overseas acquisition so far by a Chinese firm. The deal combines Syngenta, a global leader in seeds and crop protection, with C

Published 29 Jun, 2017 12:00am

Chinese second-tier cities step up property control

Two second-tier Chinese cities have intensified property curbs with harsher measures such as imposing caps on selling prices and banning investors from selling newly bought houses for up to five years. Sales prices for new units in Zhenzhou - the capital

Published 29 Jun, 2017 12:00am

China's surpluses may be bigger than thought

Tales of Chinese tourist largesse providing a big boost to destination economies are legend. They may also be incorrect, with China's current account surpluses understated as a result. Anna Wong, a senior economist with the US Federal Reserve, reckons the

Published 29 Jun, 2017 12:00am

May signals pay rise for workers after disastrous election

British Prime Minister Theresa May's government signalled an easing of austerity Wednesday following a disastrous election result, indicating it would review a long-standing cap on wages for public sector workers. The shift came as May's Conservatives fac

Published 29 Jun, 2017 12:00am

Japan-EU trade negotiations at crucial moment: Japan FM

Japan and the European Union are at a crucial moment in their attempt to sign a free trade deal, Japan's foreign minister said Wednesday, with tariffs on European cheese a key sticking point. The comments from Fumio Kishida come after four years of talks,

Published 29 Jun, 2017 12:00am

ECB 'worried' by US plan for looser bank rules

The European Central Bank is concerned that the Trump administration's plans to loosen bank regulation in the United States will endanger global financial stability, a top official said Wednesday. "I find the most recent proposals by the Department of the

Published 29 Jun, 2017 12:00am

China's Alibaba boosts stake in Southeast Asia online sales

Chinese e-commerce giant Alibaba said Wednesday it would inject another $1 billion into Southeast Asia's Lazada, as the cashed-up company increases its stake in the region's nascent online shopping market. The investment will raise Alibaba's holding in La

Published 29 Jun, 2017 12:00am

Irish retail sales growth excluding cars hits one-year high

Irish annual retail sales volumes excluding a persistent Brexit-related fall in car purchases rose at their fastest pace in a year in May as sales soared in most other categories, central statistics office data showed on Wednesday. Overall retail sales vo

Published 29 Jun, 2017 12:00am

Spain's hotel sector expects record summer, rising prices

Spanish hoteliers are expecting a record number of foreign visitors this summer, hotel confederation Cehat said on Wednesday, in a boost for the economy. Spain registered a record 75.5 million foreign visitors in 2016 as the economy rebounded from years i

Published 29 Jun, 2017 12:00am

UK supermarket Tesco axes another 1,200 jobs

Supermarket giant Tesco on Wednesday announced plans to cut 1,200 of its head office positions as part of ongoing cost-cutting at Britain's biggest retailer. "We anticipate reducing our number of roles in the (head) office by around 25 percent, or 1,200 r

Published 29 Jun, 2017 12:00am

North Ireland power-sharing talks running out of time

The prospects of reviving a power-sharing government in Northern Ireland, a cornerstone of its peace process, appeared bleak Wednesday with parties still bickering in the last full day of talks. After three months of squabbling, negotiations between the f

Published 29 Jun, 2017 12:00am

Rotterdam container terminal goes manual amid cyberattack

One of Europe's largest container terminals was Wednesday forced to return to using manual operations to thwart a wave of cyberattacks targeting global computer systems. "We are open and working. We have two terminals, so instead of normal computerised pr

Published 29 Jun, 2017 12:00am

Dubai underperforms, Egypt's TMGH jumps on appointment of CEO

Stocks prone to speculative trade dragged Dubai's equity index down on Wednesday while Egypt's blue chip developer Talaat Mostafa outperformed on news its former chairman has been pardoned and named chief executive. Dubai's index fell 0.7 percent in the l

Published 29 Jun, 2017 12:00am

Exchange

Japan stocks end down after three-day rallies

Tokyo shares fell Wednesday after three days of gains, with tech firms slipping and bankrupt airbag giant Takata plunging as the stock hurtles toward a delisting from Japan's premier exchange. The Tokyo market picked up a weak lead from Wall Street where

Published 29 Jun, 2017 12:00am

Wall Street rises as market takes a relook at ECB chief's comments

Wall Street opened higher as financial stocks rose and euro zone central bank sources told Reuters the market had overinterpreted chief Mario Draghi's comments that the ECB was ready to start withdrawing the emergency stimulus for the economy. The sources

Published 29 Jun, 2017 12:00am

Wall Street drops as US Senate delays healthcare vote

Wall Street dropped on Tuesday as big tech names weighed and losses steepened after a healthcare bill was delayed in the US Senate, raising fresh questions about President Trump's domestic agenda. Major indexes fell to session lows after US Senate Republi

Published 29 Jun, 2017 12:00am

Sri Lankan shares end marginally lower

Sri Lankan shares closed slightly lower on Wednesday as blue chips fell, but foreign buying capped losses while local investors continued to wait for more clarity on a new tax bill. The Colombo stock index ended 0.09 percent weaker at 6,697.08, its lowest

Published 29 Jun, 2017 12:00am

South East Asia: Broader Asia lower; Vietnam up

Most southeast Asian stock markets ended lower on Wednesday tracking losses in Asian peers following a weak handover from Wall Street, while Vietnam rose as consumer staples and utilities firmed up. MSCI's broadest index of Asia-Pacific shares outside Jap

Published 29 Jun, 2017 12:00am

Exchange

Activist investor calls Hong Kong market rout

Six weeks ago, David Webb, an activist investor and former director of the Hong Kong exchange, issued a report titled "The Engima Network: 50 stocks not to own". On Tuesday, most of the shares he named abruptly plunged, pointing to chronic regulatory prob

Published 29 Jun, 2017 12:00am

Tech stocks sour, sending European shares to two months low

Slumping technology stocks after a global cyber attack and depressed crude oil prices cast a cloud over European shares on Wednesday, sending them to their lowest in two months. The pan-European STOXX 600 hit its lowest since April 24 in early deals, down

Published 29 Jun, 2017 12:00am

India's NSE index ends below 9,500; Reliance Industries drags

India's NSE index ended below the 9,500 mark for the first time in over a month on Wednesday weighed down by stocks such as Reliance Industries Ltd amid concerns of higher valuations following a recent record-setting rally. The broader NSE index closed do

Published 29 Jun, 2017 12:00am

TSX rises with financials, resource stocks weigh

Canada's main stock index rose slightly on Wednesday as gains for financial stocks and grocery operator Empire Co Ltd were offset by slips among gold miners and other resource stocks. The most influential movers on the index were the big financial stocks,

Published 29 Jun, 2017 12:00am

Australia shares rise, New Zealand flat

Australian shares had their biggest rise in two weeks on Wednesday, led by financials after an insurance company hit a record high and by materials stocks on higher commodity prices. The S&P/ASX 200 index closed 0.7 percent or 41.51 points higher to finis

Published 29 Jun, 2017 12:00am

Oil stocks, Hargreaves Lansdown drag FTSE 100 to two weeks low

Britain's top share index dipped on Wednesday following a slide in shares of Hargreaves Lansdown and oil firms, though a jump in Bunzl's shares offered some relief. The blue chip FTSE 100 index had fallen 0.6 percent to 7,391.88 points by 0831 GMT, while

Published 29 Jun, 2017 12:00am

Trump, Draghi, Fed doubts: is the dollar rally done?

If shifts in major banks' currency views are anything to go by, Tuesday's speech by European Central Bank Governor Mario Draghi may mark an early end to the dollar's third big rally since the late 1970s. Barclays and Deutsche Bank, along with Goldman Sach

Published 29 Jun, 2017 12:00am

Oil, sanctions push Russian ruble to four-month low

The ruble on Wednesday dropped to a level not seen since February, weakened by faltering oil prices and fresh sanctions against Moscow. The ruble hit a record low of 85 to the US dollar in January 2016 but then enjoyed a revival, climbing back up to aroun

Published 29 Jun, 2017 12:00am

Dollar extends fall as bets on hawkish European policy heat up

The US dollar touched its lowest level against the euro in a year on Wednesday after hawkish comments from the head of the Bank of England fueled bets on tighter monetary policy in Europe, while Tuesday's delay to a US healthcare vote also hurt the greenb

Published 29 Jun, 2017 12:00am

Dollar tumbles against euro

The US dollar hit a more than nine-month low against the euro on Tuesday after the head of the European Central Bank opened the door to steps that might begin to reduce the central bank's emergency stimulus to the economy. Speaking to a conference in Port

Published 29 Jun, 2017 12:00am

Decline in stocks, oil pressure Asia FX; yuan edges up

Most emerging Asian currencies drifted lower on Wednesday, tracking weaker regional equities, while minor declines in oil prices in early trade checked risk appetites. Asian shares slumped after Wall Street was knocked hard in the wake of a delay to a US

Published 29 Jun, 2017 12:00am

Sri Lanka rupee ends weaker on importer dlr demand

The Sri Lankan rupee ended weaker on Wednesday on late dollar demand from importers while the rupee was under pressure on an expected rise in imports, dealers said. The spot rupee, which has been trading for the seventh straight session after being inacti

Published 29 Jun, 2017 12:00am

Euro hits year-high against dollar

The euro extended its run higher versus the dollar Wednesday, hitting a year-high, following an upbeat outlook on the eurozone economy this week from ECB chief Mario Draghi. Meanwhile, the US Republicans' struggle to push through controversial health care

Published 29 Jun, 2017 12:00am

Australia, New Zealand dollars erode against euro

The Australian dollar stood near three-week lows on Wednesday versus a euro hoisted up by remarks from European Central Bank Governor Mario Draghi, which were seen as signalling a change in its super-easy policy stance. The Aussie fared better against the

Published 29 Jun, 2017 12:00am

US Senate vote dents dollar in Asia

The euro edged up 0.1 percent to $1.1345, having hit a high of around $1.1355 earlier on Wednesday, its strongest level since August 2016. The common currency has gained 1.4 percent this week. The euro's rally came after ECB President Mario Draghi said at

Published 29 Jun, 2017 12:00am

Canadian dollar hits four-month high on firmer oil, softer greenback

The Canadian dollar touched its strongest level in four months against the greenback on Tuesday, supported by a crude oil rally and a broadly weaker US dollar, which lost ground against a basket of major currencies. Prices of oil, one of Canada's major ex

Published 29 Jun, 2017 12:00am

Sri Lanka eye redemption against Zimbabwe

Sri Lanka are looking to pick themselves up as the series against Zimbabwe begins this week in Galle after a string of poor performances prompted their coach to quit. Angelo Mathews leads the Sri Lankans who take on Zimbabwe in the first of five one-day i

Published 29 Jun, 2017 12:00am

Geneva to host combined Davis Cup, Fed Cup finals

Next year's Davis Cup and Fed Cup finals will be staged together in Geneva as part of sweeping changes to the team tournaments, the International Tennis Federation (ITF) announced on Wednesday. A new combined season-ending event, the World Cup of Tennis f

Published 29 Jun, 2017 12:00am

South Korea president invites North Korea to Pyeongchang Olympics

South Korean President Moon Jae-in on Saturday invited North Korea to the 2018 Winter Olympic Games, saying sports could serve as a peace maker. The South and nuclear-armed North Korea are separated by one of the world's most heavily armed borders and rem

Published 29 Jun, 2017 12:00am

Galatasaray set to sign Swansea's Gomis

Turkish top flight side Galatasaray said on Wednesday it was in talks to sign French international striker Bafetimbi Gomis from Swansea City of the English Premier League. Turkish press reports said Gomis, 31, was due to arrive in Istanbul later on Wednes

Published 29 Jun, 2017 12:00am

Djokovic passes first grass test at Eastbourne

Top seed Novak Djokovic passed his first grass court test of the season on Wednesday, defeating Canadian qualifier Vasek Pospisil 6-4, 6-3 to reach the quarter-finals at Eastbourne. The Serb is playing a pre-Wimbledon event for the first time since 2010 a

Published 29 Jun, 2017 12:00am

Ledecky punches ticket to worlds with 800 metres win

Katie Ledecky qualified for next month's world championships in style by winning the 800 metres freestyle in the year's best time on the opening night of the US National Championships on Tuesday. Ledecky, twice Olympic and world champion in her signature

Published 29 Jun, 2017 12:00am

Cycling: top security for Tour de France

A crack unit of elite counter-terrorism officers will be among a deployment of 23,000 police ensuring safety at the Tour de France, which begins in Dusseldorf on Saturday, the French interior ministry said. But while the jihadist terror threat is high and

Published 29 Jun, 2017 12:00am

Exchange

Russians hit by fresh doping allegations

Russian football was the target of fresh doping allegations on Wednesday with claims of widespread urine sample tampering levelled by Richard McLaren, author of an explosive report into Russian doping. The Canadian lawyer told German TV channel ARD he had

Published 29 Jun, 2017 12:00am

Snooker team leaves for Kyrgyzstan

A four-member Pakistan snooker team on Tuesday left for Bishkek (Kyrgyzstan) to participate in Asian Team and Red Snooker Championship scheduled to be held from June 28 to July 5. The team members comprising Babar Masih, Muhammad Sajjad, Asjad Iqbal and M

Published 29 Jun, 2017 12:00am

Germany's Loew wants dopers named and shamed

Germany manager Joachim Loew wants the names of any players caught doping to be made public, after Russian football was on Wednesday accused of tampering with urine samples. A year before they host the World Cup, Russian football has come under the spotli

Published 29 Jun, 2017 12:00am

Sri Lanka players told to get fit or get out

The Sri Lankan government on Wednesday warned the national cricket team to get fit in three months or get booted out. The ultimatum came after the squad was found to be unfit for the series against Zimbabwe which starts Friday.

Published 29 Jun, 2017 12:00am

Turkey remembers Istanbul airport attack blamed on IS

Turkey on Wednesday marked one year since the triple suicide bombing and gun attack on its main international airport in Istanbul that left dozens dead and was blamed on Islamic State jihadists. Late in the evening on June 28, 2016 three attackers shot ra

Published 29 Jun, 2017 12:00am

Hong Kong residents seek British passports amid fears for future

Many Hong Kong residents, worried about growing encroachment by Beijing as the financial hub marks 20 years since its return to China, are rushing to secure British passports as a safety net in the case of social unrest or the erosion of civil liberties.

Published 29 Jun, 2017 12:00am

Qatar slams Saudi refusal to negotiate

Qatar on Wednesday condemned Saudi Arabia's refusal to negotiate the demands of the kingdom and its allies for ending a crippling embargo on the emirate. Speaking from Washington, where he held talks with US Secretary of State Rex Tillerson on Tuesday, Qa

Published 29 Jun, 2017 12:00am

Children lead the way as Raqa families escape jihadists

Trapped in their homes in Raqa and running out of supplies, Ahmad Shaabu, his family and their neighbours were increasingly desperate. It was the children who finally helped them to escape. Shaabu was among some 20 civilians who managed this week to flee

Published 29 Jun, 2017 12:00am

Exchange

US lists China among worst human trafficking offenders

President Donald Trump's administration hit China Tuesday over its rights record, placing the country alongside Sudan and North Korea on a list of the world's worst human trafficking offenders. The State Department downgraded China in its annual "Traffick

Published 29 Jun, 2017 12:00am

US, France vow 'joint response' if chemical attack in Syria

US President Donald Trump and his French counterpart Emmanuel Macron agreed Tuesday on a joint response in the event of another chemical attack in Syria, as Washington warned Damascus would pay a "heavy price" for such a move. The tough language, in a pho

Published 29 Jun, 2017 12:00am

Hong Kong activist Joshua Wong detained by police

Hong Kong student pro-democracy campaigner Joshua Wong was detained by police on Wednesday after an anti-China protest ahead of a visit by President Xi Jinping. Wong was among around 30 protesters who had staged a three-hour sit-in at a harbourfront statu

Published 29 Jun, 2017 12:00am

China donates arms to Philippines for raging Islamist fight

China on Wednesday donated thousands of guns to Philippine President Rodrigo Duterte to help Manila in its battle against Islamist gunmen who are holed up in a southern city. The small shipment of assault and sniper rifles and ammunition is the first exam

Published 29 Jun, 2017 12:00am

'Positive' start to crunch Cyprus peace talks

Rival Cypriot leaders resumed efforts Wednesday to solve one of the world's longest-running conflicts, as the United Nations hailed the "positive atmosphere" at talks aimed at bringing lasting peace to the Mediterranean island. The thorny issue of Turkey'

Published 29 Jun, 2017 12:00am

Brazil's Supreme Court sends Temer charges to lower house

Brazilian Supreme Court Justice Edson Fachin has sent corruption charges against President Michel Temer directly to the lower house of Congress, rejecting a preliminary defense request made by the president's lawyers, according to a person with direct kno

Published 29 Jun, 2017 12:00am

Nepal holds landmark polls in troubled south

Millions of Nepalis voted Wednesday in the country's first local elections for two decades, a key step in its post-war transformation from a feudal monarchy to a federal democracy. The elections began last month in other parts of the nation but were repea

Published 29 Jun, 2017 12:00am

Brazil suspends passport issuance due to budget crunch

Brazilian authorities have suspended the issuance of passports indefinitely due to a lack of funding, as the federal government grapples with a budget crunch and political infighting over control of the coffers. Brazil's Federal Police, which is responsib

Published 29 Jun, 2017 12:00am

Venezuela vows to fend off 'coup' after grenade attack

Venezuela's leader Nicolas Maduro put the military on alert Wednesday against an alleged coup after a renegade police detective claimed responsibility for a grenade attack on the Supreme Court, demanding the embattled president quit. Four grenades were hu

Published 29 Jun, 2017 12:00am

Nearly 80 police hurt in latest Morocco unrest

Nearly 80 police officers were injured in two days of clashes with protesters in Morocco's restive Rif region, an official said Wednesday, although the number of demonstrators hurt was unknown. Around 50 members of the security forces were hurt on Monday

Published 29 Jun, 2017 12:00am

Yemen soldiers killed in suspected Al-Qaeda attack

Three Yemeni soldiers were killed Wednesday when suspected Al-Qaeda gunmen opened fire on a military zone in the country's Hadramawt province, a military source said. "Three soldiers were killed in the attack on the first military zone in the Al-Qoton dis

Published 29 Jun, 2017 12:00am

Asians stuck in Saudi after Qatari bosses ordered out

Asian migrants working as domestic staff and farmers are stranded in Saudi Arabia - potentially illegally - after their Qatari bosses were ordered out of the kingdom, a rights group said Wednesday. The workers from Bangladesh, India, Pakistan and Nepal ha

Published 29 Jun, 2017 12:00am

Drag from cheap oil largely over, Bank of Canada

Conversations with market participants and business surveys are invaluable for the Bank of Canada's decision-making, Deputy Governor Lynn Patterson said on Wednesday in a speech that reiterated the hawkish sentiment that rate cuts had done their work.

Published 29 Jun, 2017 12:00am

FBI questions US employees of Russian cyber firm Kaspersky Lab

The FBI interviewed several US employees of Moscow-based cyber security firm Kaspersky Lab this week as part of an ongoing agency probe of the company's operations, according to two sources familiar with the matter. Federal Bureau of Investigation agents

Published 29 Jun, 2017 12:00am

Police among six charged in UK over 1989 Hillsborough disaster

Four former senior policemen were among six people charged Wednesday over the 1989 Hillsborough stadium disaster in England which killed 96 Liverpool football supporters. Prosecutors said there was "sufficient evidence to charge six individuals with crimi

Published 29 Jun, 2017 12:00am

Cotton

ICE cotton edges up on weaker dollar

ICE cotton futures rose on Tuesday in low volume trade, helped by a weaker dollar, even as rains in key US cotton growing areas raised expectations of a large harvest. The dollar index fell 1.05 percent. The Thomson Reuters CoreCommodity CRB Index, which

Published 29 Jun, 2017 12:00am

Exchange

Copper, lead and zinc hit near three-month highs

Copper, lead and zinc prices hit near three-month highs on Wednesday boosted by sharp falls in the dollar, signs of tighter supply and optimism over Chinese demand, although worries about US economic growth capped the upside. The US dollar touched its low

Published 29 Jun, 2017 12:00am

Oil up almost two percent on weaker dollar, short-covering

Oil prices rose nearly 2 percent and hit a one-week high on Tuesday, boosted by a weaker dollar, short covering and expectations that crude inventories in the United States may decline for a third consecutive week.

Published 29 Jun, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Wednesday's Rotterdam vegetable oil prices at 1600 GMT:

Published 29 Jun, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Wednesday's Rotterdam vegetable oil prices at 1600 GMT:

Published 29 Jun, 2017 12:00am

India should revisit lofty coal output targets

India should rein in its lofty coal output target as power demand is growing at a slower pace than expected, a government policy think-tank said, even as state monopoly Coal India Ltd (CIL) struggles to sell already-mined coal. A turnaround in India's coa

Published 29 Jun, 2017 12:00am

Gold rebounds in US trade

Gold rose on Tuesday after hitting a six-week low in the previous session as bargain hunting set in and the dollar slid sharply after the US Senate postponed a planned healthcare vote. US Federal Reserve Chair Janet Yellen said she was sticking to the pla

Published 29 Jun, 2017 12:00am

Gold firm as US healthcare vote delay weighs on stocks, dollar

Gold prices firmed on Wednesday as the dollar struggled and shares weakened after a vote on US healthcare reforms was postponed and European Central Bank President Mario Draghi hinted the ECB could trim its stimulus this year.

Published 29 Jun, 2017 12:00am

Weaker dollar, stock market jitters drive gold higher

Gold prices rose on Wednesday as the dollar weakened and stock markets were held down by a global cyber attack and delay to US healthcare legislation which fuelled doubts about President Donald Trump's ability to pass stimulus measures. The dollar sank to

Published 29 Jun, 2017 12:00am

Exchange

Palm oil falls from one-week top on rising production

Malaysian palm oil futures reversed earlier gains to fall in the second half of trade on Wednesday, dragged down by expectations of rising production in the coming months.

Published 29 Jun, 2017 12:00am

US MIDDAY: sugar down

Raw sugar futures on ICE extended losses to set a 16-month low on Wednesday as traders shrugged off lower-than-expected cane data from top grower Brazil's center-south region and the July contract's discount to October narrowed ahead of its expiry. Octobe

Published 29 Jun, 2017 12:00am

Gwadar airport construction likely to commence in September

Constru-ction work on Gwadar International Airport is likely to be started by the end of September this year after approval of grant by the Chinese government. Official sources told the project will be completed within three years and will cost two hundre

Published 29 Jun, 2017 12:00am

Eid reception at UN HQ: top UN official highlights Islam's peace message

Underscoring Islam's message of peace, a top UN official vowed to overcome the ongoing extremism, hatred, violence and conflict in some parts of the world by working together.

Published 29 Jun, 2017 12:00am

Six Pakistanis among 10 killed on Madina Highway

Holiday trips for two expatriate families were marred by tragedy when they met with a horrific accident on Madinah highway on Tuesday morning. The vehicles carrying the two families collided head-on at around near Al-Jahfa close to Rabigh, killing a total

Published 29 Jun, 2017 12:00am

New tax laws won't affect existing taxpayers: FBR chief

Chairman, Federal Board of Revenue (FBR), Dr Mohammad Irshad has said that the new tax laws will have no effects on the existing tax payers rather through this way it would increase the tax based network for a prosperous Pakistan. This he said while addre

Published 29 Jun, 2017 12:00am

Brothers allegedly kill brother in Swabi

In far-flung area of Tordher village of district Swabi, brothers allegedly brutally killed their brother using sticks, said the police. The gruesome incident was occurred in the jurisdiction of Tordher police station here on Wednesday.

Published 29 Jun, 2017 12:00am

Prime Minister condoles death of Ahmed Saeed's mother

Prime Minister Nawaz Sharif visited former Chairman PIA Ch Ahmed Saeed to offer fateha on his mother's death. He was accompanied by Chief Minister Punjab Shahbaz Sharif. The PPP stalwart Ch Ahmed Mukhtar received them on the occasion. Prime Minister Nawaz

Published 29 Jun, 2017 12:00am

SMEDA completes feasibility study on Coal Briquetting Plant in Fata

Small and Medium Enterprises Development Authority (SMEDA) has completed feasibility study on the establishment of Coal Briquetting Plant in Federally Administered Tribal Area (Fata). To ascertain technical and financial viability of Coal Briquetting Plan

Published 29 Jun, 2017 12:00am

Exchange

Grays Leasing Limited

Grays Leasing Limited was incorporated as a public limited company in 1995 and commenced operations in 1997. Classified as a non-banking finance company, Grays Leasing is engaged in leasing business in Pakistan, with its registered office situated in Laho

Published 29 Jun, 2017 12:00am

Exchange

Grays Leasing Limited

Published 29 Jun, 2017 12:00am

Exchange

Seminar in Singapore focuses on investment opportunities in Pakistan

With the aim to attract Singaporean businesses to invest in Pakistan, the Pakistan High Commission in coordination with the Singapore Business Federation organized "Spotlight on Pakistan". This seminar will be followed by an Investment Conference in Augus

Published 29 Jun, 2017 12:00am

Punjab Bar members visit Dar-ul-Shafqat

Senior member Punjab Bar Council Rana Initzar Hussain along with colleagues visited Dar-ul-Shafqat and distributed sweets among the children on second day of Eid. He was accompanied by Noman Rajput, Hayyun Chaudhry, Agha Manzoor, shahid Bhatti and Rana Ha

Published 29 Jun, 2017 12:00am

Food outlets: surprise checking during Eid holidays continued

Punjab Food Authority (PFA) during Eid holidays continued the surprise checking of different food outlets especially canteens working at recreational places and imposed fine on such 21 canteens and 81 different restaurants and food points on violation of

Published 29 Jun, 2017 12:00am

Saad terms politics over bodies 'unfortunate'

Railways Minister Khawaja Saad Rafique has expressed displeasure over attitude of those political elements practicing politics over dead bodies of oil tanker tragedy.

Published 29 Jun, 2017 12:00am

Cotton

Weeds most serious threat to different crops: report

Weeds are the most serious threat to different crops which may cause loss in per acre yield up to 45 per cent as compared to diseases, pests or other factors. According to the research carried out by the Ayub Agricultural Research Institute (Faisalabad),

Published 29 Jun, 2017 12:00am

Eleven killed in rain-related incidents

Eleven persons including eight children were died and more than one dozen injured as mud-thatched houses collapsed, drown and in electrocution incidents at different area of Faisalabad Division. First incident took place in Kotly Baqir Shah Jhang, where f

Published 29 Jun, 2017 12:00am

Oil tanker inferno: PM briefed about tragedy, relief measures

Prime Minister Muhammad Nawaz Sharif on Monday was briefed about the tragic oil-tanker fire incident at Ahmadpur Sharqia and the rescue and relief measures afterwards. Commissioner Bahawalpur Saqib Zafar gave briefing to the PM here at the Circuit House.

Published 29 Jun, 2017 12:00am

Jhelum, Chenab and Kabul in low to medium flood

The Flood Warning Lahore has said that sharp peak of Low to Medium Flood level is expected at upstream Mangla from (28th - 30th) June-2017. Medium to High Flooding in Nullahs of rivers Ravi & Chenab alongwith Hill Torrents of D.G. Khan Division is also ex

Published 29 Jun, 2017 12:00am

PHP registers 264 cases on traffic violations

Punjab Highway Patrol (PHP) have registered 264 cases on violation of traffic rules. According to details, on the instruction of Additional IGP Punjab Highway Patrol Amjad Javaid Saleemi, PHP teams registered 254 cases against commuters on various traffic

Published 29 Jun, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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