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Nov 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-07-22
Canada's inflation rate slows

Canada's inflation rate slows

Consumers in Canada paid just one percent more for goods and services in June than they did a year earlier, largely due to lower gasoline prices, officials said Friday. The inflation rate slowed from the 1.3 percent seen in May, and 1.6 percent in April,
Published 22 Jul, 2017 12:00am
ECB survey finds markets expect lower inflation

ECB survey finds markets expect lower inflation

Financial experts in the European Union have lowered their inflation expectations for the coming years, a European Central Bank survey published Friday showed, reflecting the institution's complicated path to its price stability target. In its quarterly s
Published 22 Jul, 2017 12:00am
Deutsche Bank says to move jobs to Frankfurt post-Brexit

Deutsche Bank says to move jobs to Frankfurt post-Brexit

Germany's largest lender Deutsche Bank is bracing for Brexit and will have to move jobs from London to its headquarters in Frankfurt, chief executive John Cryan has said. "For now, it's far from clear what Brexit constitutes, we are not really sure what s
Published 22 Jul, 2017 12:00am
Microsoft profit rises on shift to cloud computing

Microsoft profit rises on shift to cloud computing

Microsoft on Thursday reported that its quarterly earnings was lifted on the back of its shift to focusing on computing services hosted in the internet cloud. The US technology giant said it made a profit of $6.5 billion in the recently ended quarter as r
Published 22 Jul, 2017 12:00am
Microsoft profit rises on shift to cloud computing

Microsoft profit rises on shift to cloud computing

Microsoft on Thursday reported that its quarterly earnings was lifted on the back of its shift to focusing on computing services hosted in the internet cloud. The US technology giant said it made a profit of $6.5 billion in the recently ended quarter as r
Published 22 Jul, 2017 12:00am
Philippine bank executive arrested for fraud

Philippine bank executive arrested for fraud

A senior executive has been arrested for defrauding the Philippines' second-largest bank in a scandal that sent the institution's shares tumbling Friday, officials said. Metropolitan Bank and Trust Co vice president Maria Victoria Lopez is suspected of st
Published 22 Jul, 2017 12:00am
UK airspace nears full capacity in record summer

UK airspace nears full capacity in record summer

Travellers face airport delays if Britain's airspace design is not updated, the UK's air traffic control company warned on Friday, at the start of a record-breaking summer flights season. "The ageing design of UK airspace means we will soon reach the limi
Published 22 Jul, 2017 12:00am
Siemens scales back Russian ops over Crimea turbines

Siemens scales back Russian ops over Crimea turbines

German industrial conglomerate Siemens said Friday it would scale back its operations in Russia after confirming gas turbines it sold to companies there had been diverted to Ukraine's Russian-annexed Crimea region in breach of sanctions. "All four gas tur
Published 22 Jul, 2017 12:00am
Hong Kong shares end nine days winning streak

Hong Kong shares end nine days winning streak

Hong Kong stocks snapped a nine-day winning streak on Friday as investors took a breather after the benchmark index scaled a fresh two-year peak in the previous session. The Hang Seng index shed 0.1 percent, or 34.12 points to 26,706.09, ending its longes
Published 22 Jul, 2017 12:00am
Indian shares up; Reliance Industries leads

Indian shares up; Reliance Industries leads

Indian shares rose on Friday to post a third consecutive weekly gain, with Reliance Industries Ltd hitting it highest in over 9-1/2 years after posting strong quarterly results and announcing the launch of a low-cost, 4G-enabled phone. The broader NSE ind
Published 22 Jul, 2017 12:00am
Tokyo shares fall on yen strength

Tokyo shares fall on yen strength

Tokyo stocks drifted lower Friday as exporters were hurt by a stronger yen while Wall Street provided a lukewarm lead with concerns over Donald Trump's economic agenda still lingering. The yen benefited from a broad sell-off in the greenback after Europea
Published 22 Jul, 2017 12:00am
Wall Street ends little changed
Exchange

Wall Street ends little changed

Stocks ended little changed on Wall Street on Thursday as a deal between Sears and Amazon weighed on home improvement retailers while gains in Microsoft helped buoy the Nasdaq. Retailers and appliance makers fell after Sears said it would sell its Kenmore
Published 22 Jul, 2017 12:00am
Australian shares lower

Australian shares lower

Australian shares ended the bumpy week on a negative note on Friday, as banks eased after investors booked profits while New Zealand's stock market recorded its sixth week of gains. The S&P/ASX 200 index fell 38.65 points, or 0.7 percent, to 5,722.8 at th
Published 22 Jul, 2017 12:00am
US debt yields flat

US debt yields flat

US government debt yields were little changed on Thursday as buying tied to the European Central Bank's pledge of easy money stemming from inflation concerns faded after a poor auction of 10-year Treasury Inflation-Protected Securities. Benchmark US yield
Published 22 Jul, 2017 12:00am
US debt yields flat

US debt yields flat

US government debt yields were little changed on Thursday as buying tied to the European Central Bank's pledge of easy money stemming from inflation concerns faded after a poor auction of 10-year Treasury Inflation-Protected Securities. Benchmark US yield
Published 22 Jul, 2017 12:00am
China stocks end week higher as investors plough into blue chips

China stocks end week higher as investors plough into blue chips

China's stocks fell on Friday but ended the week higher, with demand for blue chips gaining momentum amid a slump in small-cap stocks, as investors sought firms with solid growth prospects and lower valuations. The blue-chip CSI300 index fell 0.5 percent,
Published 22 Jul, 2017 12:00am
European shares sink as rising euro weighs on earnings

European shares sink as rising euro weighs on earnings

European shares sank on Friday as the euro strengthened company earnings disappointed at the end of a turbulent week. The euro climbed to a two-year high on Friday, sending the exporter-heavy STOXX 600 down 1 percent to a weekly decline of 1.7 percent. Eu
Published 22 Jul, 2017 12:00am
Sri Lankan shares climb

Sri Lankan shares climb

Sri Lankan shares fell for an eighth session in nine in thin trade on Friday and posted a more than one-month closing low, with blue chips leading the losers. The Colombo stock index ended 0.22 percent lower at 6,669.51, its lowest close since June 14, an
Published 22 Jul, 2017 12:00am
Southeast Asian markets: Philippines recovers to over one month high

Southeast Asian markets: Philippines recovers to over one month high

Philippine stocks recovered toward the end of the session to close more than 1 percent higher on Friday, while investors in the region focussed on corporate earnings for future market direction. "Heading into the close, buying activity substantially picke
Published 22 Jul, 2017 12:00am
Britain's FTSE, sheltered from euro strength, has best week since May

Britain's FTSE, sheltered from euro strength, has best week since May

Britain's major share index fell on Friday but had its strongest weekly gains in two months, sheltered from the battering European stocks experienced at the mercy of a strong euro, while mid-caps had their best week in nearly a year. Britain's FTSE 100 in
Published 22 Jul, 2017 12:00am
Dollar climbs in Asia

Dollar climbs in Asia

The dollar headed for weekly losses on Friday, wallowing at its lowest levels against the euro in nearly two years after what markets perceived as hawkish talk from European Central Bank chief Mario Draghi. But the Australian dollar skidded against the gr
Published 22 Jul, 2017 12:00am
Euro rests near two years highs against dollar in Europe

Euro rests near two years highs against dollar in Europe

The euro held near a two-year high against the dollar on Friday as investors took the latest European Central Bank meeting as a sign that policymakers weren't greatly concerned about recent currency strength. Euro/dollar has been the best performing pair
Published 22 Jul, 2017 12:00am
Early trade in New York dollar falls against basket of currencies

Early trade in New York dollar falls against basket of currencies

The US dollar hit its lowest level in more than a year against a basket of major rivals on Friday a day after the European Central Bank's chief abstained from talking down the euro, while obstacles to US President Donald Trump's policy agenda also weighed
Published 22 Jul, 2017 12:00am
Dollar hits nearly two years low against euro in New York
Exchange

Dollar hits nearly two years low against euro in New York

The dollar fell to its lowest level in nearly two years against the euro on Thursday after European Central Bank chief Mario Draghi said policymakers would discuss possible changes to its bond-buying scheme in the autumn. Though Draghi said no date had be
Published 22 Jul, 2017 12:00am
Sri Lanka rupee edges up

Sri Lanka rupee edges up

The Sri Lankan rupee ended slightly firmer on Friday with late dollar sales by exporters and foreign banks outpacing demand for the greenback from importers, dealers said. The spot rupee closed at 153.65/70 per dollar, from Thursday's close of 153.70/85.
Published 22 Jul, 2017 12:00am
Asian currencies edge up
Exchange

Asian currencies edge up

Most Asian currencies edged higher on Thursday after comments from European Central Bank chief Mario Draghi pushed the euro up against the dollar with regional foreign exchange following. Draghi said policymakers would discuss changing its bond-buying pro
Published 22 Jul, 2017 12:00am
Sterling struggles near Eight-month low against euro

Sterling struggles near Eight-month low against euro

Sterling edged down against the euro on Friday, close to an eight-month low and capping its worst week since October, as the euro rallied across the board on bets the European Central Bank is on track to tighten monetary policy next year. By 1430 GMT the
Published 22 Jul, 2017 12:00am
Aussie falls, kiwi at one-year highs

Aussie falls, kiwi at one-year highs

The Australia dollar fell off a two-year peak on Friday after a top central banker said there was no automatic reason for rates to rise after a recent outbreak of hawkishness by global policymakers. The Aussie sank nearly 1 percent to as low as $0.7875. I
Published 22 Jul, 2017 12:00am
Nastase banned over Fed Cup tirade

Nastase banned over Fed Cup tirade

The International Tennis Federation on Friday banned and fined Ilie Nastase over derogatory comments about Serena Williams and a foul-mouthed Fed Cup tirade. The Romanian tennis great was in the ITF dock for his abusive behaviour as Romania's Fed Cup capt
Published 22 Jul, 2017 12:00am
Hockey goal-keeper coaching camp begins

Hockey goal-keeper coaching camp begins

Goal-keeper training and coaching camp on modern lines would start at Abdul Sattar Edhi Hockey Stadium, Karachi from July 22, 2017. The two weeks training and coaching on modern line with Olympian Nasir Ahmad of PIA will impart coaching as instructions to
Published 22 Jul, 2017 12:00am
Philippines drop SEA Games citing war costs

Philippines drop SEA Games citing war costs

The Philippines has pulled out of hosting the 2019 Southeast Asian (SEA) Games, the government said Friday to focus on rebuilding a city ravaged by a two-month battle between security forces and Islamic militants. The country's sports officials formally a
Published 22 Jul, 2017 12:00am
Brazil's Cunha defends open-water marathon crown

Brazil's Cunha defends open-water marathon crown

Brazil's Ana Marcela Cunha defended her women's 25km crown on Friday at the world aquatic championships - the marathon event of open-water swimming - while France's Axel Reymond won the men's title. Reymond, the 2014 and 2016 European champion over the di
Published 22 Jul, 2017 12:00am
PHF names 60 players for Asia Cup training camp

PHF names 60 players for Asia Cup training camp

Pakistan Hockey Federation (PHF) has named 60 players for participation in a training camp for the build-up of a strong team for participation in the Asia Cup being staged at Dhaka from October 12 to 22. A spokesman of the PHF said here Friday that the tr
Published 22 Jul, 2017 12:00am
British Open golf: Kuchar in strong position as McIlroy emerges

British Open golf: Kuchar in strong position as McIlroy emerges

Overnight joint leader Matt Kuchar survived blustery conditions on Friday to shoot a second-round 71 that left him in a strong position on four under par at the halfway stage at the British Open. The American had ended Thursday in a share of the lead at f
Published 22 Jul, 2017 12:00am
Lord's revellers hit with booze reduction

Lord's revellers hit with booze reduction

English cricket ground Lord's is clamping down on alcohol allowance for fans after a recent "incident" at the first Test between England and South Africa, the Marylebone Cricket Club announced. Fans at the famous stadium have long been allowed to bring in
Published 22 Jul, 2017 12:00am
DHA-ATF Super Series Tennis concludes

DHA-ATF Super Series Tennis concludes

DHA-ATF Super Series under-14 Tennis Championship-2017 under the aegis of Asian Tennis Federation was held at Defence Authority Creek Club from 17 July to 21 July, 2017. An impressive prize distribution ceremony was held at the conclusion of the tournamen
Published 22 Jul, 2017 12:00am
Sri Lanka skipper Chandimal to miss India Test

Sri Lanka skipper Chandimal to miss India Test

Rangana Herath will lead Sri Lanka in the first Test against India after Dinesh Chandimal was admitted to hospital Friday with pneumonia, chief selector Sanath Jayasuriya said. "He (Chandimal) was down with flu, but today it got worse and he was taken to
Published 22 Jul, 2017 12:00am
Wiretaps at centre of Villar's downfall
Exchange

Wiretaps at centre of Villar's downfall

Angel Maria Villar's arrest on corruption charges, based in part on wiretaps, has brought an abrupt and ignominious end to his three decade-long reign at the helm of Spanish football. Villar, a senior vice-president of FIFA who has ruled the Spanish game
Published 22 Jul, 2017 12:00am
India eye new England shock in World Cup final

India eye new England shock in World Cup final

India captain Mithali Raj has warned England not to expect an easy contest when they come up against her side in the Women's World Cup final on Sunday. Harmanpreet Kaur struck an astonishing unbeaten 171 - the highest score by an Indian player, male or fe
Published 22 Jul, 2017 12:00am
Blast in eastern China kills two, dozens injured

Blast in eastern China kills two, dozens injured

A liquefied petroleum gas canister explosion tore through three restaurants in the eastern China city of Hangzhou on Friday, killing two people and injuring 55, state media reported. The explosion occurred Friday morning and images posted on Chinese media
Published 22 Jul, 2017 12:00am
Underwater robot probes inside Fukushima reactor

Underwater robot probes inside Fukushima reactor

The operator of Japan's stricken Fukushima nuclear plant said Friday it is using an underwater robot in a renewed attempt to inspect damage suffered in a tsunami-induced meltdown. A massive undersea earthquake on March 11, 2011 sent a huge wave barrelling
Published 22 Jul, 2017 12:00am
Death toll in Venezuela protests since April reaches 100

Death toll in Venezuela protests since April reaches 100

The death toll in anti-government protests in Venezuela since April has reached 100, after a third death was reported from a day-long nationwide strike against embattled Venezuelan President Nicolas Maduro's rule, prosecutors said Friday. A 15-year-old bo
Published 22 Jul, 2017 12:00am
Czech Republic latest country to ban fur farms

Czech Republic latest country to ban fur farms

Fur farms will be illegal in the Czech Republic from 2019, after the senate passed an amendment to the animal rights law. Countries such as Austria, Britain, the Netherlands and Switzerland have already outlawed the practice.
Published 22 Jul, 2017 12:00am
Hottest day ever in Shanghai as heat wave bakes China

Hottest day ever in Shanghai as heat wave bakes China

Shanghai sweltered under a new record high of 40.9 degrees Centigrade (105 F) on Friday, authorities said as they issued a weather "red alert" over a stubborn heat wave that has plagued much of the country. Hospitals in the city have reported increased nu
Published 22 Jul, 2017 12:00am
Britain's Johnson hails 'record high' Japanese investment

Britain's Johnson hails 'record high' Japanese investment

Japanese investment in the UK has hit a "record high" since last year's shock Brexit vote, British Foreign Secretary Boris Johnson said Friday, during a visit to Tokyo. Johnson, who backed Britain's campaign to quit the European Union, also pledged London
Published 22 Jul, 2017 12:00am
US to ban travel to North Korea after Warmbier death

US to ban travel to North Korea after Warmbier death

The United States will bar Americans from travelling to North Korea in the coming weeks, travel agencies said Friday, a month after a US tourist, student Otto Warmbier, died following his imprisonment by Pyongyang. China-based Young Pioneer Tours, which h
Published 22 Jul, 2017 12:00am
UN blames Saudi-led coalition for deadly Yemen strike

UN blames Saudi-led coalition for deadly Yemen strike

The United Nations on Friday blamed a Saudi-led coalition for a deadly air strike on civilians in Yemen this week, saying there were no military targets in the area hit. The attack on Tuesday in the Mawza district of the southwestern province of Taez kill
Published 22 Jul, 2017 12:00am
Mandela's widow furious over book on his last days

Mandela's widow furious over book on his last days

Nelson Mandela's widow on Friday threatened legal action over a book by his personal doctor that laid bare intimate details of his final illness and death in 2013. Mandela's physician Vejay Ramlakan revealed several undignified episodes at the end of Mand
Published 22 Jul, 2017 12:00am
Jihadists battle rebels for control of key Syria province

Jihadists battle rebels for control of key Syria province

A former Al-Qaeda affiliate was locked in fierce clashes Friday with a leading rebel group for control of one of the last major parts of Syria not held by the regime. The clashes in Syria's Idlib province in the country's northwest pit the jihadist Hayat
Published 22 Jul, 2017 12:00am
Moldova renews calls for Russian troop withdrawal

Moldova renews calls for Russian troop withdrawal

Moldova's parliament on Friday issued a fresh demand for Russian troops to leave a breakaway region of the country in a symbolic move likely to stir tensions with Moscow. Following a walkout by pro-Kremlin parties, lawmakers in the ex-Soviet nation approv
Published 22 Jul, 2017 12:00am
Angola adopts law limiting power of future presidents

Angola adopts law limiting power of future presidents

Angola's parliament passed a law on Friday that will drastically limit the powers of the country's future presidents in matters of security and defence. The law will only apply to successors of the current head of state, President Jose Eduardo dos Santos,
Published 22 Jul, 2017 12:00am
Two tourists die as quake hits Greek, Turkish resorts

Two tourists die as quake hits Greek, Turkish resorts

A strong 6.7-magnitude undersea quake hit the Greek holiday island of Kos and the Turkish resort of Bodrum on Friday, killing two people and injuring dozens in areas abuzz with nightlife. The epicentre of the quake was about 10 kilometres (six miles) sout
Published 22 Jul, 2017 12:00am
Egypt kills two Islamist militants

Egypt kills two Islamist militants

Egyptian forces shot dead two militants from the Hasam group, the government said Friday, after the Islamist group claimed to have carried a deadly attack on police. The militants were killed in a shootout in Fayoum province, about 50 kilometres (30 miles
Published 22 Jul, 2017 12:00am
France's far-right takes stock of vote failure

France's far-right takes stock of vote failure

France's far-right National Front (FN) began meeting Friday for a soul-searching exercise after leader Marine Le Pen was routed in May's presidential election. The two days of discussions at FN headquarters outside Paris are the start of a process that co
Published 22 Jul, 2017 12:00am
UK could accept EU immigration in Brexit transition

UK could accept EU immigration in Brexit transition

The British government could agree to free movement of people during a Brexit transition period, newspapers reported on Friday in what would be a major reversal of current plans. The transition period could last between two and four years after Britain le
Published 22 Jul, 2017 12:00am
UN envoy urges China stop repatriating North Korea refugees

UN envoy urges China stop repatriating North Korea refugees

The UN's human rights envoy to North Korea on Friday urged China to stop repatriating escaped defectors to the North, where they face harsh punishment, torture or execution. Tomas Ojea Quintana, the UN's Special Rapporteur on human rights in North Korea,
Published 22 Jul, 2017 12:00am
Duterte says he'll never visit 'lousy' America

Duterte says he'll never visit 'lousy' America

Philippine President Rodrigo Duterte on Friday vowed that he would never visit "lousy" America despite an earlier invitation extended by US President Donald Trump. Duterte made the declaration as he expressed anger at a US Congress human rights commission
Published 22 Jul, 2017 12:00am
Nigerian military blames homeless for botched air strike

Nigerian military blames homeless for botched air strike

Nigeria's military on Friday blamed an unexpected gathering of homeless people for a botched air strike that killed 112 at a camp for those displaced by the Boko Haram conflict. Air force jets targeted the camp in Rann, northeast Nigeria, on January 17 as
Published 22 Jul, 2017 12:00am
Turkey not intimidated by German 'threats': Erdogan

Turkey not intimidated by German 'threats': Erdogan

Turkey will not be intimidated by threats from Germany, President Recep Tayyip Erdogan said Friday, as he stepped into an escalating row that risks a full-blown crisis in a key bilateral relationship. Relations between the Nato partners - already brittle
Published 22 Jul, 2017 12:00am
Shanghai copper up
Exchange

Shanghai copper up

The most-traded copper contract on the Shanghai Futures Exchange ended 0.52 percent firmer at 48,000 yuan ($7,097) a tonne on Friday as a weak dollar helped lift copper prices above $6,000 a tonne in Asian trading on Friday, erasing an overnight dip and s
Published 22 Jul, 2017 12:00am
Copper hits 4-1/2 month high on China growth, weak dollar
Exchange

Copper hits 4-1/2 month high on China growth, weak dollar

Copper hit a 4-1/2 month peak on Friday, fuelled by strong growth in top copper consumer China, a weak dollar and worries about supply disruptions. The dollar hit a year low against a currency basket after the European Central Bank's chief abstained from
Published 22 Jul, 2017 12:00am
Oil dives about 2.5 percent; Opec crude output rise forecast

Oil dives about 2.5 percent; Opec crude output rise forecast

Oil prices slid on Friday, settling about 2.5 percent lower after a consultancy forecast a rise in Opec production for July despite the group's pledge to curb output, reigniting concerns the global market will stay awash with crude. Benchmark Brent crude
Published 22 Jul, 2017 12:00am
Rubber down
Exchange

Rubber down

Benchmark Tokyo rubber futures ended down 0.8 percent on Friday as weak Shanghai futures prompted market participants to book profits from a two-day rally to near two-month highs, brokers said. The Tokyo Commodity Exchange rubber contract for December del
Published 22 Jul, 2017 12:00am
Malaysian palm oil falls, tracks weaker soyaoil
Vegetable Oil

Malaysian palm oil falls, tracks weaker soyaoil

Malaysian palm oil futures fell in late trade on Friday, easing from a more than one-week high reached early in the session, as the market tracked declines in soyaoil on the Chicago Board of Trade. Expectations of rising production as the month progresses
Published 22 Jul, 2017 12:00am
Raw sugar dips on ethanol tax hike

Raw sugar dips on ethanol tax hike

Raw sugar futures on ICE eased in late trade on Friday after hitting a seven-week high on support from tax changes in top producer Brazil that could make it more attractive to use sugar cane to produce ethanol. Coffee and cocoa futures rose as the market
Published 22 Jul, 2017 12:00am
Gold surges in New York
Exchange

Gold surges in New York

Gold prices rose to a three-week high on Thursday after European Central Bank President Mario Draghi said ECB policymakers would discuss potential changes to the bank's bond-buying scheme in the autumn, lifting the euro to a 14-month high.
Published 22 Jul, 2017 12:00am
Gold up in Asia

Gold up in Asia

Gold hit a three-week high in Asia on Friday and was on track for a second straight weekly gain as the dollar tumbled to a 13-month low. A near 2 percent rise in the euro this week pinned the dollar to multi-month lows against a trade-weighted basket of i
Published 22 Jul, 2017 12:00am
Gold rises in Europe
Exchange

Gold rises in Europe

Gold was set for its biggest weekly gain in two months on Friday as a surging euro pushed the dollar to its weakest since June 2016, making bullion cheaper for holders of other currencies. Bond yields also fell after Mario Draghi said on Thursday the Euro
Published 22 Jul, 2017 12:00am
Soyabean, corn futures down

Soyabean, corn futures down

US corn and soyabean futures fell on Friday, pressured by outlooks for some relief for crops stressed by hot and dry weather during the past few weeks, traders said. "It is a little bit of a moderation in the weather forecast," said Bill Gentry, a broker
Published 22 Jul, 2017 12:00am
US MIDDAY: gold sets for biggest weekly gain
Exchange

US MIDDAY: gold sets for biggest weekly gain

Gold was set for its biggest weekly gain in two months on Friday as a surging euro dragged down the US dollar to its weakest since June 2016, making bullion cheaper for holders of other currencies. Central banks have "taken a more dovish tone and the doll
Published 22 Jul, 2017 12:00am
British HC addresses Oxford, Cambridge Trust

British HC addresses Oxford, Cambridge Trust

Thomas Drew CMG, the British High Commissioner addressed the Oxford and Cambridge Trust in Islamabad on Friday. The High Commissioner talked about the closeness of the UK-Pakistan relationship as we approach the 70th anniversary of the birth of Pakistan.
Published 22 Jul, 2017 12:00am
KP CM pledges judicious distribution of resources

KP CM pledges judicious distribution of resources

Chief Minister Khyber Pakhtunkhwa, Pervez Khattak, has assured provision of equal share for all districts in the developmental strategy. The developmental strategy is based on justice and the judicious distribution of resources would be ensured. He was ch
Published 22 Jul, 2017 12:00am
Pakistan sympathies with earthquake victims in Turkey

Pakistan sympathies with earthquake victims in Turkey

The government and people of Pakistan convey their profound sympathies over the reported injuries as well as material damage caused in Turkey's Mugla Province by the earthquake off Turkey's coast with the Aegean Sea. Our thoughts and prayers are with all
Published 22 Jul, 2017 12:00am
Pakistani delegation completes study visit of Indonesia

Pakistani delegation completes study visit of Indonesia

A Pakistani delegation facilitated by PILDAT (Pakistan Institute of Legislative Development and Transparency), led by Senator Mushahid Hussain Sayed, Chairman Senate Committee on Defence has completed its study visit of Indonesia. The purpose of this stud
Published 22 Jul, 2017 12:00am
RCCI inks MoU with PSX
Exchange

RCCI inks MoU with PSX

The Rawalpindi Chamber of Commerce and Industry (RCCI) and Pakistan Stock Exchange (PSX) signed a Memorandum of Understanding (MoU). President RCCI Raja Amer Iqbal and Chief Executive Officer (CEO) Haroon Askeri signed and exchanged documents at a ceremon
Published 22 Jul, 2017 12:00am
RCCI inks MoU with PSX
Exchange

RCCI inks MoU with PSX

The Rawalpindi Chamber of Commerce and Industry (RCCI) and Pakistan Stock Exchange (PSX) signed a Memorandum of Understanding (MoU). President RCCI Raja Amer Iqbal and Chief Executive Officer (CEO) Haroon Askeri signed and exchanged documents at a ceremon
Published 22 Jul, 2017 12:00am
Opposition to fight Sindh Accountability Law: Khwaja tells CM

Opposition to fight Sindh Accountability Law: Khwaja tells CM

Sindh Chief Minister Syed Murad Ali Shah on Friday held a meeting with the opposition leaders who represent different political parties in the Sindh Assembly and took them into confidence on the proposed Sindh Accountability Bill 2017. Those who attended
Published 22 Jul, 2017 12:00am
UAF's entrance test tomorrow

UAF's entrance test tomorrow

The entrance test for admission to undergraduate programmes, University of Agriculture Faisalabad (UAF) will be held on Sunday (tomorrow). The test centres have been established in 13 cities including Faisalabad, Gujrawala, Lahore, Layyah, Multan, Rahim Y
Published 22 Jul, 2017 12:00am
Shahbaz condoles death of Irfan Ali

Shahbaz condoles death of Irfan Ali

Punjab Chief Minister Muhammad Shahbaz Sharif has expressed deep sense of sorrow and grief over the death of Irfan Ali Shah, a Pakistan movement worker. In a condolence message, Shahbaz prayed that may Allah Almighty rest the departed soul in eternal peac
Published 22 Jul, 2017 12:00am
LHC moved for SECP chairman's removal
Exchange

LHC moved for SECP chairman's removal

A Bar member has approached the Lahore High Court against Chairman of Securities and Exchange Commission of Pakistan (SECP) Zafar Hijazi with prayer to remove him from post for allegedly tampering the record to rescue the Sharif family in the Panama Paper
Published 22 Jul, 2017 12:00am
LHC moved for SECP chairman's removal
Exchange

LHC moved for SECP chairman's removal

A Bar member has approached the Lahore High Court against Chairman of Securities and Exchange Commission of Pakistan (SECP) Zafar Hijazi with prayer to remove him from post for allegedly tampering the record to rescue the Sharif family in the Panama Paper
Published 22 Jul, 2017 12:00am
UAF, PSC to conduct joint research work

UAF, PSC to conduct joint research work

The University of Agriculture Faisalabad (UAF) and Punjab Seed Corporation (PSC) on Friday inked a Memorandum of Understanding (MoU) to conduct the joint research work on seed, to collaborate in seed technologies and other area of mutual concern. The MoU
Published 22 Jul, 2017 12:00am
DHA holds ground-breaking ceremony of Fairways Commercial Plazas

DHA holds ground-breaking ceremony of Fairways Commercial Plazas

The ground-breaking ceremony of Fairways Commercial Plazas - Defence Raya Golf & Country Club - DHA was held here on Friday. Speaking on the occasion, Defence Housing Authority (DHA) Administrator Lahore Brig Zafar Yasin Babar who was chief guest of the c
Published 22 Jul, 2017 12:00am
PIAF hails continued GSP-Plus status post-Brexit

PIAF hails continued GSP-Plus status post-Brexit

Pakistan Industrial and Traders Associations Front (PIAF) has welcomed the continuation of GSP plus status to Pakistan in UK market after Brexit. The British High Commissioner to Pakistan, Richard Crowder has confirmed that UK wants to maintain and streng
Published 22 Jul, 2017 12:00am
Solar power to energize 70 schools

Solar power to energize 70 schools

The Punjab government has decided to energize 70 schools of Lahore district with solar power. The government is already in the process of converting schools of South Punjab on solar energy and handsome amount has been allocated for the purpose. Meanwhile,
Published 22 Jul, 2017 12:00am
Punjab PPP warns Nawaz not to confront institutions

Punjab PPP warns Nawaz not to confront institutions

The Pakistan Peoples Party (PPP) Punjab has warned Prime Minister Nawaz Sharif of confronting with the institutions. It said the consequences of any such adventurism may be harmful for democracy in the country. Party sources said district level organizati
Published 22 Jul, 2017 12:00am
US to help establish HIMS, hospital management

US to help establish HIMS, hospital management

US Commercial Counselor in Pakistan Stephen P. Knode has shown interest for extending technical assistance in setting up latest 'Health Information Management System' (HIMS) and bringing improvement in hospital management. He said this during a meeting wi
Published 22 Jul, 2017 12:00am
Punjab OPC secures house from illegal possession

Punjab OPC secures house from illegal possession

The Overseas Pakistanis Commission (OPC) Punjab has retrieved a house worth Rs 20 million belonging to an overseas Pakistani lady, settled in the UK, from the illegal possession. OPC Vice chairperson Shaheen Khaild Butt and Commissioner Afzaal Bhatti info
Published 22 Jul, 2017 12:00am
PPDWP approves PPIC3 Centre Lahore

PPDWP approves PPIC3 Centre Lahore

The Punjab Provincial Development Working Party approved Punjab Police Integrated Command, Control & Communication (PPIC3) Centre, Lahore (Revised) at the cost of Rs 13.7 billion for public safety on Friday. The overall aim of the PPIC3 Programme is to im
Published 22 Jul, 2017 12:00am
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