News Archives for Print - 2017-07-10

The Weather

The weather report on Sunday (July 09, 2017) and the forecast for Monday (July 10, 2017).

Published 10 Jul, 2017 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DECEMBER 2016)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 10 Jul, 2017 12:00am

Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (July 04 to 07, 2017).

Published 10 Jul, 2017 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 10 Jul, 2017 12:00am

Climate change can make Sahel wet: study

Climate change could transform one of Africa's driest regions, the Sahel, into a very wet one, a study showed on Wednesday. But this is not necessarily good news. While there would be more water for farming and grazing, the region may also face devastatin

Published 10 Jul, 2017 12:00am

Mineral water can be calorie-free calcium source

Instead of drinking milk or taking supplements to get adequate amounts of calcium, calcium-rich mineral water is an equally good source, researchers said. "The special feature of mineral water as a source of calcium is as a calorie-free alternative to mil

Published 10 Jul, 2017 12:00am

Half-a-degree of warming boosted extreme weather

Half a degree Celsius of global warming has been enough to increase heat waves and heavy rains in many regions of the planet, researchers reported on Friday. Comparing two 20-year periods - 1960-79 and 1991-2010 - between which average global temperatures

Published 10 Jul, 2017 12:00am

Shingles may up risk of heart attack, stroke

Getting shingles may increase your risk of a heart attack, stroke or other heart problems by as much as 40 percent, according to Korean researchers. But vaccination can help prevent shingles, which is caused by herpes zoster - the same virus that causes c

Published 10 Jul, 2017 12:00am

'Brain training' app improves memory with cognitive decline

A brain training computer game developed by British neuroscientists has been shown to improve the memory of patients in the very earliest stages of dementia and could help such patients avert some symptoms of cognitive decline. Researchers who developed t

Published 10 Jul, 2017 12:00am

Diabetes taking growing toll on Africa

The costs of diabetes in sub-Saharan Africa could double to almost $60 billion annually just 13 years from now, as obesity fuels an explosion of the disease, a report said on Thursday. In 2015, the overall diabetes cost in the region was nearly $20 billio

Published 10 Jul, 2017 12:00am

Tailor-made cancer vaccine proves safe in small-scale trials

Two experimental treatments for skin cancer, tailor-made to target a particular patient's tumours, proved safe in small-scale trials, their developers reported on Wednesday. The vaccines also triggered an immune response to tumour cells, they said, althou

Published 10 Jul, 2017 12:00am

Microsoft plans layoffs in sales force shake-up

Microsoft is planning layoffs as it refocuses its sales force on making the software colossus a pivotal part of businesses relying on cloud computing, according to media reports. While many reports forecast the changes would result in thousands of job cut

Published 10 Jul, 2017 12:00am

Deutsche Bank CEO says has no plans to step down

Deutsche Bank Chief Executive John Cryan has no plans to step down from running Germany's biggest lender, he told German weekly Die Zeit in an interview. Cryan made the comments when asked whether the appointment of Christian Sewing and Markus Schenck as

Published 10 Jul, 2017 12:00am

Volvo to go all electric with new models from 2019

All Volvo car models launched after 2019 will be electric or hybrids, the Chinese-owned company said on Wednesday, making it the first major traditional automaker to set a date for phasing out vehicles powered solely by the internal combustion engine. The

Published 10 Jul, 2017 12:00am

Axis Capital to buy Lloyd's of London insurer Novae

Lloyd's of London insurer Novae Group Plc said it had agreed to be taken over by Axis Capital Holdings Ltd, a Bermuda-based speciality insurer and reinsurer, for 467.6 million pounds ($605.07 million) in cash, sending its shares soaring over 20 percent. T

Published 10 Jul, 2017 12:00am

Axis Capital to buy Lloyd's of London insurer Novae

Lloyd's of London insurer Novae Group Plc said it had agreed to be taken over by Axis Capital Holdings Ltd, a Bermuda-based speciality insurer and reinsurer, for 467.6 million pounds ($605.07 million) in cash, sending its shares soaring over 20 percent. T

Published 10 Jul, 2017 12:00am

Bosch says demand for driver assistance systems taking off

German auto supplier Robert Bosch has seen a surge in demand for radar systems and video sensors as automakers race to add driver assistance features and automated functions to cars. The company said on Tuesday it expected sales of radar systems to leap b

Published 10 Jul, 2017 12:00am

UBS rejigs structure for emerging market wealth management

Swiss bank UBS is further reorganizing its wealth management businesses in European and emerging markets to simplify its structure, according to a memo seen by Reuters on Monday. As part of the restructure, UBS Europe SE, its Frankfurt-based bank, will no

Published 10 Jul, 2017 12:00am

UBS rejigs structure for emerging market wealth management

Swiss bank UBS is further reorganizing its wealth management businesses in European and emerging markets to simplify its structure, according to a memo seen by Reuters on Monday. As part of the restructure, UBS Europe SE, its Frankfurt-based bank, will no

Published 10 Jul, 2017 12:00am

Russia's Novak says global oil pact working

Russian Energy Minister Alexander Novak said a global pact by Opec, Russia and other producers to cut oil output had dampened price volatility and was reducing bloated inventories, so no immediate extra measures were needed to prop up prices. The ministe

Published 10 Jul, 2017 12:00am

Risk-averse banks cut correspondent relationships by six percent

Banks that are worried about breaching anti-money laundering and other compliance rules have axed the number of correspondent banking relationships in many regions by more than 10% in the past six years, raising concerns about the impact on poorer countri

Published 10 Jul, 2017 12:00am

Samsung on a roll as data demand for memory chips soars

Samsung Electronics is on a roll thanks to booming sales of memory chips required by the increasingly data-based economy. The company, the world's largest supplier of memory chips, said Friday that its operating profit soared 72 percent in the April-June

Published 10 Jul, 2017 12:00am

Machines will soon be writing our music too?

Machines are already taking our jobs, will they soon be writing our music too? Swiss researchers said Thursday they have developed a computer algorithm that can generate brand-new tunes in different musical genres. The deep artificial composer, or DAC, "c

Published 10 Jul, 2017 12:00am

Merger accord reached between Telecom & Cablevision

Telecom Argentina SA and cable TV provider Cablevision SA will have to return broadcast airwaves spectrum to the Argentine government if a proposed merger between the two companies is to be approved, a source with the country's Enacom communications regul

Published 10 Jul, 2017 12:00am

Around 67,500 visitors from 104 countries attend Mobile World Congress

The GSMA Jul 4 reported that nearly 67,500 unique visitors from 104 countries and territories attended the 2017 GSMA Mobile World Congress Shanghai, held from June 28 to July 1 in Shanghai. The four-day event attracted executives from the industry's large

Published 10 Jul, 2017 12:00am

Tencent makes smart TV push in joint venture with China's biggest TV maker

Tencent Holdings, China's largest social media and gaming company, agreed on Wednesday to feature its video content on the smart TVs of China's biggest television maker TCL Corp to expand its content dominance from mobile phones to living rooms. Under an

Published 10 Jul, 2017 12:00am

Google to power Dutch data centre with solar energy

Google will purchase all the electricity generated by the largest solar park in the Netherlands over the next decade to power a recently opened data centre housing thousands of servers, the U.S. internet company and energy provider Eneco said on Friday.

Published 10 Jul, 2017 12:00am

Elon Musk's Tesla to build world's largest battery in Australia

Elon Musk's Tesla will build what the maverick entrepreneur claims is the world's largest lithiumion battery within 100 days, making good on a Twitter promise to ease South Australia's energy woes. Billionaire Musk tweeted an offer to help build a battery

Published 10 Jul, 2017 12:00am

Spain to create over 28,000 public service jobs this year

The Spanish government will create some 28,249 public service jobs this year, the Budget Minister Cristobal Montoro said on Friday, the first mass hiring after years of employment freezes and layoffs though a prolonged economic downturn. The new posts wil

Published 10 Jul, 2017 12:00am

Cuba sees 2017 nickel, cobalt sulfides output at 54,500 tonnes

Cuba plans to produce 54,500 tonnes of nickel and cobalt sulfides this year, state-run television said at the weekend. Nickel is one of the cash-strapped Communist-run country's most important exports, but revenue from it has suffered in recent years due

Published 10 Jul, 2017 12:00am

Three tonnes of ivory seized in Vietnam

Vietnamese authorities have seized nearly three tonnes of ivory hidden among boxes of fruit, officials said Sunday, the latest haul to spotlight the country's key role in the global wildlife smuggling trade. Police in the central province of Thanh Hoa fou

Published 10 Jul, 2017 12:00am

Air France-KLM urges French authorities to ease airport security check

The chief executive officer of Franco-Dutch airline group Air France-KLM urged French authorities on Saturday to take "urgent" measures to reduce delays for passengers caused by security checks at Paris airports. The delays caused by police checks, in a c

Published 10 Jul, 2017 12:00am

Volkswagen bosses told costs of emissions saga a month before disclosure

A Volkswagen manager told the chief executive and other managers that the carmaker's diesel emissions cheating could cost up to $18.5 billion almost a month before investors were informed, German newspaper Bild am Sonntag reported. Investors were told abo

Published 10 Jul, 2017 12:00am

Brazil banking clans may pay $1.1 billion for Havaianas maker

Brazil's most prominent banking clans could pay between 3.3 billion reais and 3.5 billion reais ($1 billion and $1.1 billion) for a majority stake in Havaianas flip flop maker Alpargatas SA, two people with knowledge of the matter said. Proceeds from a sa

Published 10 Jul, 2017 12:00am

French deficit pledge will help eurozone budget discussions: ECB's Coeure

The French government's renewed commitment to bring its budget deficit in line with an EU limit is good not only for France but for upcoming euro zone discussions on budgets, ECB Executive Board member Benoit Coeure said on Sunday. The French government h

Published 10 Jul, 2017 12:00am

Iraq drills first well in Huwaiza oil field near Iranian border

Iraq started drilling the first well in the Huwaiza oil field near the Iranian border, which may contain one billion barrels in reserves, the Iraqi oil ministry said on Sunday. The field is being developed by state-run Maysan Oil Company which oversees th

Published 10 Jul, 2017 12:00am

In China's murky waters, global sewage firms seek rewards

Global sewage and water treatment firms are eyeing opportunities in an unsavoury place a growing pile of waste in China, the world's most populous nation. The country has been for years battling contamination from fertilizer run-offs, heavy metals and unt

Published 10 Jul, 2017 12:00am

China, France eye Gambian port upgrade to rival Dakar

Chinese and French companies are bidding to help Gambia build up its Atlantic port Banjul to be what industry sources say could be a rival to neighbouring Senegal's Dakar. It would be one of the first major structural changes in Gambia following the end o

Published 10 Jul, 2017 12:00am

Exchange

China's COSCO Shipping offers $6.3 billion for Orient Overseas

COSCO Shipping Holdings Co Ltd has offered to buy Orient Overseas International Ltd (OOIL) for HK$49.23 billion ($6.30 billion), in a deal that will see the mainland China group become the world's third largest container liner. The proposed deal is the la

Published 10 Jul, 2017 12:00am

Exchange

China's COSCO Shipping offers $6.3 billion for Orient Overseas

COSCO Shipping Holdings Co Ltd has offered to buy Orient Overseas International Ltd (OOIL) for HK$49.23 billion ($6.30 billion), in a deal that will see the mainland China group become the world's third largest container liner. The proposed deal is the la

Published 10 Jul, 2017 12:00am

UK-US trade deal will not make up for leaving the EU: minister

A post-Brexit trade deal with the United States would not be enough to make up for leaving the European Union, British justice minister David Lidington said on Sunday, tempering Prime Minister Theresa May's enthusiasm about the US offer. May had warmly we

Published 10 Jul, 2017 12:00am

Investment focus: ECB easing hurts German savers but heals state finances

Many Germans see the European Central Bank's bond-buying scheme and interest rates cuts as subsidising indebted southern euro zone members at the expense of northern savers, but it has also transformed the finances of Germany's regions. The central bank s

Published 10 Jul, 2017 12:00am

Investment focus: ECB easing hurts German savers but heals state finances

Many Germans see the European Central Bank's bond-buying scheme and interest rates cuts as subsidising indebted southern euro zone members at the expense of northern savers, but it has also transformed the finances of Germany's regions. The central bank s

Published 10 Jul, 2017 12:00am

Exchange

Forget 'Euroglut' - low rates no recipe for weaker currency: McGeever

Conventional market wisdom holds that higher interest rates strengthen a currency and lower rates weaken it. But the euro's recent run and the historical performance of the yen and Swiss franc show it's just not that simple. Since the euro's inception in

Published 10 Jul, 2017 12:00am

Cairo shares flat after rate hike, oil dents Saudi index

Cairo's stock market showed little reaction on Sunday to an unexpected interest rate hike in Egypt, tempered by comments by the deputy finance minister, while a sharp drop in crude oil weighed on Saudi Arabia's petrochemical sector. The central bank, face

Published 10 Jul, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 80.60-80.60 (previous 80.60-80.60).

Published 10 Jul, 2017 12:00am

Exchange

Euronext CEO sees growing momentum for new stock listings

Euronext's chief executive Stephane Boujnah sees a growing momentum for new stock listings in the second half of the year, following the French and Dutch elections, he said on Sunday. Euronext saw 15 companies making their debut on its four stock exchange

Published 10 Jul, 2017 12:00am

Exchange

Israel seeks managers for state-backed technology funds

Israel is looking for firms to manage four high-tech investment funds that will be traded on the stock exchange and given state protection for any losses, the government said on Sunday. Israel's government has been under pressure to open the country's thr

Published 10 Jul, 2017 12:00am

Exchange

Israel seeks managers for state-backed technology funds

Israel is looking for firms to manage four high-tech investment funds that will be traded on the stock exchange and given state protection for any losses, the government said on Sunday. Israel's government has been under pressure to open the country's thr

Published 10 Jul, 2017 12:00am

Exchange

Uzbekistan tests liberalised foreign exchange system

Uzbekistan has allowed a limited number of banks and companies to trade foreign currency at the market rate, two sources told Reuters, in a pilot project that could lead to the introduction of full convertibility of the national sum currency. The former

Published 10 Jul, 2017 12:00am

Exchange

Dollar bulls stumble as euro's outlook brightens

The multi-year rising trend for the US dollar appears to have hit a wall, with a majority of foreign exchange strategists polled by Reuters less bullish on the greenback than at the start of the year and more optimistic about the euro. The dollar has take

Published 10 Jul, 2017 12:00am

Brazil mulls IPO for state airport agency Infraero

The Brazilian government plans to sell shares in its airport operator Infraero through an initial public offering, potentially surrendering control of the agency, Transportation Minister Mauracio Quintella told Reuters on Wednesday. The IPO, the latest in

Published 10 Jul, 2017 12:00am

Brazil mulls IPO for state airport agency Infraero

The Brazilian government plans to sell shares in its airport operator Infraero through an initial public offering, potentially surrendering control of the agency, Transportation Minister Mauracio Quintella told Reuters on Wednesday. The IPO, the latest in

Published 10 Jul, 2017 12:00am

Wall Steet week ahead: Tech's market leadership over? Not so fast

Technology shares surrendered their leadership in the US stock market over the past month, but the fast-growing group may soon resume its outperformance and manoeuvre back into pole position. Upcoming earnings reports for the technology sector, whose prof

Published 10 Jul, 2017 12:00am

Rooney move back to Everton

England and Manchester United's record goalscorer Wayne Rooney declared himself 'ecstatic' after completing a move back to Everton, the club where he first starred as a teenager, on Sunday. The 31-year-old - who became a peripheral figure under Jose Mouri

Published 10 Jul, 2017 12:00am

Bottas beats Vettel in Austria, Hamilton fourth

Valtteri Bottas roared to the second victory of his career on Sunday when he won the Austrian Grand Prix for Mercedes ahead of championship leader Sebastian Vettel of Ferrari. The Finn, in his first season with Mercedes after replacing 2016 champion Nico

Published 10 Jul, 2017 12:00am

Farah eases to victory, Thompson edges Schippers

British athletics superstar Mo Farah eased to victory in the 3000 metres at the Diamond League meet in the London Stadium on Sunday and said off the track matters didn't concern him. The 34-year-old - a quadruple Olympic and world champion having achieved

Published 10 Jul, 2017 12:00am

Smith says no backing down on pay

Australian captain Steve Smith said Sunday players would not back down in their bitter pay dispute with Cricket Australia. Days after the players boycotted an Australia A tour to South Africa, Smith said the nation's cricketers were resolute in wanting to

Published 10 Jul, 2017 12:00am

Ronaldinho's team wins high profile football series in Pakistan

Ronaldinho VII outpaced Giggs VII 2-0 in the second and last exhibition football match to win the series 2-0 at the Fortress stadium, here on Sunday. Led by Brazilian football celebrity Ronaldinho, the winning side had earlier won the first match at Karac

Published 10 Jul, 2017 12:00am

IOC faces 'important' decisions: Bach

Olympic chief Thomas Bach said on Sunday the IOC faced "very important decisions" as the vote on awarding the 2024 and 2028 Games simultaneously loomed in Lausanne. Paris is battling with Los Angeles for the right to succeed 2020 hosts Tokyo and stage the

Published 10 Jul, 2017 12:00am

Mexico coach apologizes for outburst

Mexico coach Juan Carlos Osorio, who was slapped with a six-game ban by FIFA, has apologized for an outburst directed at officials during the recent Confederations Cup match in Russia. Speaking on Saturday night for the first time about the incident, whic

Published 10 Jul, 2017 12:00am

Kerb

Wimbledon heavyweights braced for 'Manic Monday'

For the first time since 2011, the top four men's seeds have reached the Wimbledon last-16 with Andy Murray, Novak Djokovic, Roger Federer and Rafael Nadal taking centre-stage on 'Manic Monday'. The four stars have shared the Wimbledon title since 2003 wh

Published 10 Jul, 2017 12:00am

Ali takes six wickets as England win Lord's Test

Moeen Ali took six wickets as England beat South Africa by 211 runs to win the first Test at Lord's with more than a day to spare on Sunday. The Proteas, set 331 to win, collapsed to 119 all out inside 37 overs. The result meant Joe Root, who made 190 in

Published 10 Jul, 2017 12:00am

With opposition leader out of prison, Venezuela marks 100 days of protest

Venezuela hit its 100th day of anti-government protests Sunday, one day after its most prominent political prisoner, Leopoldo Lopez, vowed to continue his fight for freedom after being released from jail and placed under house arrest. Lopez's surprise pri

Published 10 Jul, 2017 12:00am

South Sudan marks another year of freedom without peace

South Sudan on Sunday marked its sixth independence anniversary in muted fashion, with no official celebration as the world's newest nation reels from a brutal and destructive ongoing civil war. A third of the population has been forced from their homes c

Published 10 Jul, 2017 12:00am

Germany begins withdrawing troops from Turkish air base

Germany began on Sunday to pull its troops out of a Turkish air base where they have supported international operations against Islamic State following a row with Ankara over access, a German defence ministry spokesman said. The withdrawal from the Incirl

Published 10 Jul, 2017 12:00am

Cambodian temple site gets UNESCO world heritage status

The UN cultural organization added an ancient temple site in Cambodia to its world heritage list, the government said on Sunday, bringing the number of heritage sites in the Southeast Asian country to three. Sambor Prei Kuk, or "temple in the richness of

Published 10 Jul, 2017 12:00am

Royal Jordanian Airlines says US laptop ban lifted

Royal Jordanian Airlines said on Sunday it has won an exemption from a US ban on passengers carrying laptops and tablet computers on flights from its hub in Amman. The announcement comes more than three months after the United States prohibited such devic

Published 10 Jul, 2017 12:00am

Egyptian migrants found dead in east Libyan desert

Libyan aid workers recovered the bodies of 19 migrants believed to be Egyptians in Libya's eastern desert, a Red Crescent spokesman said on Sunday. The migrants appeared to have been smuggled into Libya by foot and have perished due to high temperatures a

Published 10 Jul, 2017 12:00am

Thousands evacuated in Poland after WWII bomb found

Authorities in Bialystok, Poland, evacuated about 10,000 people from their homes Sunday morning after a 500-kilogramme (1,100-pound) World War II-era bomb was found during construction work. Residents on about 60 streets in the northeastern city near the

Published 10 Jul, 2017 12:00am

China tests self-sustaining space station

Sealed behind the steel doors of two bunkers in a Beijing suburb, university students are trying to find out how it feels to live in a space station on another planet, recycling everything from plant cuttings to urine. They are part of a project aimed at

Published 10 Jul, 2017 12:00am

US vows to press China to enforce North Korea sanctions

The United States will crank up pressure on China to ensure that it implements sanctions against North Korea over its missile tests, Washington's ambassador to the United Nations pledged Sunday. After North Korea conducted its intercontinental ballistic m

Published 10 Jul, 2017 12:00am

'True Blood' actor Nelsan Ellis dies

Nelsan Ellis, an actor best known for his role in the vampire series "True Blood," has died. He was 39 years old. The actor died following complications from heart failure, his manager told CNN. His portrayal of Lafayette, a gay cook and medium, helped hi

Published 10 Jul, 2017 12:00am

French suspect held for planning attack with Belgian pair

A 42-year-old French national appeared in court Sunday on suspicion of plotting an attack with multiple weapons alongside two Belgian brothers who were charged in Brussels this week, judicial sources said. According to a source close to the enquiry, the m

Published 10 Jul, 2017 12:00am

Exchange

North Korea warns of nuclear 'tipping point' over US bomber drill

North Korea on Sunday lashed out at a live-fire drill the US and South Korea staged in a show of force against Pyongyang, accusing Washington of pushing the peninsula to the "tipping point" of nuclear war. The allies held the rare live-fire drill as tensi

Published 10 Jul, 2017 12:00am

Liftoff for Trump's bold space plans may have to wait

The White House has championed a new era of US leadership in space, but its aspirations are complicated by tight budgets, vacancies in top posts and the rising role of private industry in aerospace innovation, experts say. During a speech Thursday at NASA

Published 10 Jul, 2017 12:00am

Libya strongman in UAE for talks on military 'cooperation'

Libyan strongman Khalifa Haftar has met with UAE leaders for talks on military cooperation, state media said Sunday, days after announcing the retaking of second city Benghazi from jihadists. Haftar, who has visited the United Arab Emirates regularly in r

Published 10 Jul, 2017 12:00am

Fresh violence hits India's Darjeeling hills, two killed

Two people have been killed as fresh violence erupted in India's Darjeeling hills in protests over the killing earlier of a member of an ethnic minority, police said on Sunday. The region's Nepali-speaking Gorkha community has since last month held protes

Published 10 Jul, 2017 12:00am

Wildfires rage as California sizzles

The first major wildfires after the end of California's five-year drought raged across the state Saturday, as it was gripped by a record-breaking heatwave. Some 3,000 firefighters were battling several blazes with triple-digit temperatures recorded in val

Published 10 Jul, 2017 12:00am

Brexit may never happen, says top Liberal Democrat Cable

Britain's scheduled exit from the European Union may never happen because its main political parties are too divided on the issue, said Vince Cable, a veteran lawmaker bidding to lead the fourth largest political party, the Liberal Democrats. Prime Minist

Published 10 Jul, 2017 12:00am

350,000 demand UK allow terminally ill baby to travel to US

The parents of a terminally-ill British baby boy on Sunday delivered a petition of over 350,000 signatures demanding they be allowed to take him to the United States for treatment. Supporters joined 11-month-old Charlie's parents Connie Yates and Chris Ga

Published 10 Jul, 2017 12:00am

Western doctors say Chinese Nobel winner can travel

US and German medical experts who examined Chinese Nobel Peace laureate Liu Xiaobo said Sunday it was safe to transport him abroad for cancer treatment, contradicting the assertions of Chinese doctors. The statement by the foreign physicians looked likely

Published 10 Jul, 2017 12:00am

Mugabe in Singapore for medical check

Zimbabwe's 93-year-old President Robert Mugabe is in Singapore for a "routine medical check-up", state media reported Sunday. "President Mugabe on Friday left the country for Singapore for a routine medical check-up," the Sunday Mail newspaper reported. T

Published 10 Jul, 2017 12:00am

France marks 70 years since 'Exodus' voyage to Israel

Seventy years ago, some 4,500 Jews gathered aboard a rickety old steamer in the French Mediterranean port of Sete, destined for a journey that would help spur the creation of an independent Jewish state. On Sunday the city marked the audacious attempt to

Published 10 Jul, 2017 12:00am

Tillerson urges Moscow to take 'first step' to ease Ukraine conflict

US Secretary of State Rex Tillerson urged Russia Sunday to take the "first step" to ease the bloody separatist conflict in eastern Ukraine, which Kiev and the West believe is being fuelled by Moscow. Tillerson said sanctions will remain in place against R

Published 10 Jul, 2017 12:00am

Mutual Funds

An interview with Chief Business Development Officer and Head of Marketing at UBL Fund Managers: 'The mutual fund industry is growing on a daily basis'

Zeeshan Muhammad Quddus is a Chartered Accountant, having qualified in 2003, after completing his article-ship from Ernst & Young. Zeeshan has a diversified experience of working in areas such as finance, Operations, Business Development and Strategic pla

Published 10 Jul, 2017 12:00am

Mutual Funds

An interview with Chief Business Development Officer and Head of Marketing at UBL Fund Managers: 'The mutual fund industry is growing on a daily basis'

Zeeshan Muhammad Quddus is a Chartered Accountant, having qualified in 2003, after completing his article-ship from Ernst & Young. Zeeshan has a diversified experience of working in areas such as finance, Operations, Business Development and Strategic pla

Published 10 Jul, 2017 12:00am

KP allocates Rs one billion for a survey of out-of-school children

The provincial government of Khyber Pakhtunkhwa has allocated an amount of Rs 1 billion for the implementation of out of school children survey during the current financial year 2017-18, says the white paper on the annual budget of Khyber Pakhtunkhwa.

Published 10 Jul, 2017 12:00am

NDMA issues alerts amid forecast of heavy rains next week

The National Disaster Management Authority (NDMA) has issued advisory alerts to authorities concerned to take preventive measures over widespread rains predicted next week. The Pakistan Meteorological Department has forecast widespread rains and thunderst

Published 10 Jul, 2017 12:00am

ABL, DG Cement sign agreement for 'Business Internet Banking'

Allied Bank Limited (ABL) has recently launched an online internet banking portal for corporate and commercial customers, which offers an array of diverse banking transactions. An agreement signing ceremony between Allied Bank and DG Cement was held on 06

Published 10 Jul, 2017 12:00am

Masses can't be deceived on the pretext of change: Amir Muqam

Advisor to Prime Minister and Pakistan Muslim League-Nawaz (PML-N) provincial president, Engr Amir Muqam said that the masses can not be deceived again on pretext of change, and they would reject this time, those people in the upcoming general elections w

Published 10 Jul, 2017 12:00am

Panama Papers case: PML-N sensing its defeat, may appeal SC: Rasheed

As Panama Joint Investigation Team (JIT) probing money laundering allegations against the Sharif family is all set to submit its final report to the Supreme Court on Monday, Awami Muslim League (AML) chief Sheikh Rashid said on Sunday that onus was on the

Published 10 Jul, 2017 12:00am

Shah asks Prime Minister not to put democracy at stake

Leader of the opposition in the National Assembly Syed Khursheed Shah has asked the Prime Minister not to put democracy and other institutions at stake for personal sake. Talking to the media here on Sunday, the opposition leader warned if the Prime Minis

Published 10 Jul, 2017 12:00am

Eight dead, 15 injured in accidents

At least eight people died and more than a dozen others injured in separate road mishaps in Sehwan and Hub on Saturday-Sunday night. Police said that the first accident took place near Lakki Shah Saddar at Indus Highway in Sehwan where an over speeding va

Published 10 Jul, 2017 12:00am

No one can fight political battle better than PML-N: Maryam

Without quoting any name of a politician and political party, Prime Minister Nawaz Sharif's daughter Maryam Nawaz on Sunday said that no one can wage a political battle better than Pakistan Muslim League-N (PML-N). As the deadline approaches for submissio

Published 10 Jul, 2017 12:00am

PPP denounces PML-N's threats of rejecting JIT

Pakistan Peoples Party (PPP) has denounced the threat of Pakistan Muslim League-Nawaz (PML-N) ministers to reject the Joint Investigation Team (JIT) report if it failed to record the evidence of the Qatari prince in the Panama Leaks case. This was stated

Published 10 Jul, 2017 12:00am

Clearing agents, Afghan students: Pakistan to issue border crossing cards

Pakistan's border authorities have decided to issue special border crossing cards to Torkham clearing agents and Afghan students studying in Bacha Mena, the bordering area of Pakistan. Shamsul Islam, passport naib tehsildar, Torkham, said that it was a pi

Published 10 Jul, 2017 12:00am

Validation of coal mining survey by third party is in progress

A third party validation of coal mining survey is in progress to assess and evaluate whether such resources of Trans-Indus Range are sufficient for supply to proposed coal based power plants for thirty years. Directorate General, Mines and Minerals, has a

Published 10 Jul, 2017 12:00am

Swat based forum publishes literary magazine

The Torwali Research Forum, a Behrain (Swat) based literary and cultural organization, has published its literary and cultural magazine, "Watan". The journal basically focuses on three languages, Torwali, Pashto and Indus Kohistani. All the three language

Published 10 Jul, 2017 12:00am

85 percent BHUs made functional by posting medical officers: minister

Punjab Minister for Primary & Secondary Health Kh. Imran Nazir has said that in the history of Punjab first time 85 percent Basic Health Units have been made fully functional by posting of medical officers. He said that visible improvement has been witnes

Published 10 Jul, 2017 12:00am

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

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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