News Archives for Print - 2017-08-07

The Weather

The weather report on Sunday (August 06, 2017) and the forecast for Monday (August 07, 2017).

Published 07 Aug, 2017 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JANUARY TO JUNE 2017)

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

Published 07 Aug, 2017 12:00am

Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (July 31 to August 04, 2017).

Published 07 Aug, 2017 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 07 Aug, 2017 12:00am

Global warming reduces protein in key crops

Rising carbon dioxide levels from global warming will drastically reduce the amount of protein in staple crops like rice and wheat, leaving vulnerable populations at risk of growth stunting and early death, experts warned on Wednesday. Researchers say the

Published 07 Aug, 2017 12:00am

Gum disease linked to higher cancer risk among women

Women who have a history of gum disease face a higher risk of several types of cancer, particularly tumors in the esophagus and breasts, a US study found Tuesday. "A history of periodontal disease was associated with a 14 percent higher risk of developing

Published 07 Aug, 2017 12:00am

World's blind population to soar: study

The world's blind will increase threefold from about 36 million today to 115 million in 2050 as populations expand and individuals grow ever older, researchers said on Thursday. The number of people with a moderate to severe vision impairment - only those

Published 07 Aug, 2017 12:00am

Europe's death toll due to weather disasters may rise 50-fold by end-century

Europe's death toll from weather disasters could rise 50-fold by the end of this century, with extreme heat alone killing more than 150,000 people a year by 2100 if nothing is done to curb the effects of climate change, scientists said on Friday. In a stu

Published 07 Aug, 2017 12:00am

Face-to-face therapy best to treat binge eating disorder

People should opt for face-to-face cognitive behavioral therapy if they're looking for the fastest way to address their binge eating disorder, suggests a new study from Germany. Researchers found that while an internet-based self-help program did help peo

Published 07 Aug, 2017 12:00am

HIV fight advances with new drug cocktails, fresh vaccine hopes

Three decades after approval of the first-ever AIDS treatment, HIV medicine is seeing a new wave of innovation with scientists reporting positive data on Monday for improved drug cocktails and a novel experimental vaccine. Adding to optimism is the succes

Published 07 Aug, 2017 12:00am

Kerb

Next big leap for Apple - augmented reality

Apple's iPhone may be ready for its next big act as a springboard into "augmented reality," a technology that projects life-like images into real-world settings viewed through a screen. If you've heard about AR at all, it's most likely because you've enco

Published 07 Aug, 2017 12:00am

Amazon China partner tells users to stop using illegal VPNs

A Chinese partner of global e-commerce firm Amazon.com Inc on August 2 has told customers to end the use of illegal virtual private networks (VPNs), which can allow users to circumvent internet censorship. The instruction comes after Apple Inc removed VPN

Published 07 Aug, 2017 12:00am

Local brands are big losers in India's handset war

Indian brands are collateral damage in the local handset war. Mukesh Ambani, the country's richest man, unveiled a basically free internet-enabled model this month with much nationalistic fanfare. The JioPhone, designed and assembled domestically through

Published 07 Aug, 2017 12:00am

Visa helps merchants in adopting new, global specifications for QR Code

Visa on August 1 announced its support of the new global QR Code Payment Specifications from EMVCo, the global technical body that manages the EMV Specifications. The specifications cover consumer-presented and merchant-presented QR code use cases for dig

Published 07 Aug, 2017 12:00am

Panasonic develops drowsiness-control technology by detecting driver's level of drowsiness

Panasonic Corporation announced on August 3 that it has developed a drowsiness-control technology for detecting and predicting a person's level of drowsiness and allowing to stay comfortably awake. Photo1: Detecting drowsiness by observing the blinking fe

Published 07 Aug, 2017 12:00am

UAE's Aldar Properties Q2 net profit falls 5.6 percent

Aldar Properties, the state-linked builder of Abu Dhabi's Formula One circuit, reported a 5.6 percent drop in second-quarter profit on Thursday amid a double-digit drop in revenue. The results come against a backdrop of a slowing economy and property mark

Published 07 Aug, 2017 12:00am

UAE's Aldar Properties Q2 net profit falls 5.6 percent

Aldar Properties, the state-linked builder of Abu Dhabi's Formula One circuit, reported a 5.6 percent drop in second-quarter profit on Thursday amid a double-digit drop in revenue. The results come against a backdrop of a slowing economy and property mark

Published 07 Aug, 2017 12:00am

Exchange

Chinese firms to invest $300 million in Abu Dhabi

Five Chinese companies will start operations in Abu Dhabi's industrial zone with an initial investment of $300 million in a boost for the oil-rich emirate's economic diversification plans. The companies, from Jiangsu province on China's east coast, are in

Published 07 Aug, 2017 12:00am

DBS Q2 profit up 8.5 percent on loan growth

Singapore's biggest lender, DBS Group Holdings, reported an 8.5 percent increase in quarterly profit that came in line with market expectations, boosted by strong loan growth, but the bank flagged pressures on asset quality. DBS, the last of Singapore's b

Published 07 Aug, 2017 12:00am

Exchange

Deutsche Bank seals deal with Land Securities for new London HQ

Deutsche Bank has exchanged a pre-let agreement for its new City of London headquarters, the building's developer Land Securities said on Tuesday. The announcement confirmed details of the deal first reported in March, adding that under the 25-year lease

Published 07 Aug, 2017 12:00am

Exchange

Deutsche Bank seals deal with Land Securities for new London HQ

Deutsche Bank has exchanged a pre-let agreement for its new City of London headquarters, the building's developer Land Securities said on Tuesday. The announcement confirmed details of the deal first reported in March, adding that under the 25-year lease

Published 07 Aug, 2017 12:00am

Siemens delays Healthineers IPO until 2018

Siemens said it plans to wait until next year to list its healthcare business, one of the world's top medical technology providers and a solid performer in a generally disappointing third quarter for the German industrial group.

Published 07 Aug, 2017 12:00am

Siemens delays Healthineers IPO until 2018

Siemens said it plans to wait until next year to list its healthcare business, one of the world's top medical technology providers and a solid performer in a generally disappointing third quarter for the German industrial group.

Published 07 Aug, 2017 12:00am

Swiss Re H1 profit drops by a third

Swiss Re, the world's second-largest reinsurer, wrote 10 percent less business during the July property and casualty contract renewal season as rates continued to decline, albeit at a slowing pace, it said on Friday. First-half net profit fell 35 percent

Published 07 Aug, 2017 12:00am

Swiss Re H1 profit drops by a third

Swiss Re, the world's second-largest reinsurer, wrote 10 percent less business during the July property and casualty contract renewal season as rates continued to decline, albeit at a slowing pace, it said on Friday. First-half net profit fell 35 percent

Published 07 Aug, 2017 12:00am

Swiss banks paid $1 billion in negative interest rates in H1

Swiss banks paid 970 million Swiss francs ($1 billion) in negative interest rate charges in the first six months of 2017, according to central bank data, up 40 percent year-on-year as clients continue to hoard cash. The Swiss National Bank (SNB) is chargi

Published 07 Aug, 2017 12:00am

Apple binds itself more closely to China & relies on selling services

Apple Inc is binding itself more closely to China as its share of the world's biggest smartphone market slips and it becomes more reliant on selling services which require government approval. A flurry of recent action by Cupertino-based Apple underlines

Published 07 Aug, 2017 12:00am

German state premier on defensive over close ties with VW

The government of Germany's Lower Saxony, which holds a fifth of Volkswagen's voting rights, on Sunday denied a newspaper report that its premier softened speeches critical of the carmaker in the diesel emissions scandal at the company's request.

Published 07 Aug, 2017 12:00am

Exchange

Indonesia, Russia sign MoU to trade palm, coffee for Sukhoi jets

Indonesian state trading company PT Perusahaan Perdagangan Indonesia and Russian state conglomerate Rostec have signed a preliminary deal to trade Sukhoi SU-35 jets for commodities like palm oil and coffee, the Indonesian trade ministry said. A memorandum

Published 07 Aug, 2017 12:00am

China's web users fear losing tools to bypass 'Great Firewall'

Enterprising internet users in China fear the tools they use to tunnel through the country's "Great Firewall" may soon disappear, as Beijing tightens its grip on the web. Tens of millions of people are estimated to use Virtual Private Networks (VPNs) to b

Published 07 Aug, 2017 12:00am

Qatar Islamic Bank offers certificates of deposit after Q2 outflow

Qatar Islamic Bank (QIB) aims to boost its deposit base by offering certificates of deposit in Qatari riyals and US dollars, after it was hit by an outflow of money due to sanctions against Qatar by neighbouring Gulf countries. The bank said on Sunday tha

Published 07 Aug, 2017 12:00am

Qatar Islamic Bank offers certificates of deposit after Q2 outflow

Qatar Islamic Bank (QIB) aims to boost its deposit base by offering certificates of deposit in Qatari riyals and US dollars, after it was hit by an outflow of money due to sanctions against Qatar by neighbouring Gulf countries. The bank said on Sunday tha

Published 07 Aug, 2017 12:00am

Exchange

UAE firm JBF RAK seeks to renegotiate 2 billion dirhams of debt

Manufacturer JBF RAK, which is 60 percent owned by the United Arab Emirates' Ras al-Khaimah Investment Authority (RAKIA), is in talks with banks about renegotiating around 2 billion dirhams ($544.6 million) of debt, banking sources told Reuters. The polye

Published 07 Aug, 2017 12:00am

Exchange

UAE firm JBF RAK seeks to renegotiate 2 billion dirhams of debt

Manufacturer JBF RAK, which is 60 percent owned by the United Arab Emirates' Ras al-Khaimah Investment Authority (RAKIA), is in talks with banks about renegotiating around 2 billion dirhams ($544.6 million) of debt, banking sources told Reuters. The polye

Published 07 Aug, 2017 12:00am

UK government sets out tougher guidelines to protect smart cars from hackers

The British government issued new guidelines on Sunday requiring manufacturers of internet-connected vehicles to put in place tougher cyber protections to ensure they are better shielded against hackers. The government said it was concerned that smart veh

Published 07 Aug, 2017 12:00am

Saudi's Samba Q2 profit down

Samba Financial Group, Saudi Arabia's third-largest bank by assets, reported a 3.3 percent drop in second-quarter net profit on Sunday, in line with analysts' forecasts, as operating expenses rose. It is the last major Saudi bank to report earnings during

Published 07 Aug, 2017 12:00am

Saudi's Samba Q2 profit down

Samba Financial Group, Saudi Arabia's third-largest bank by assets, reported a 3.3 percent drop in second-quarter net profit on Sunday, in line with analysts' forecasts, as operating expenses rose. It is the last major Saudi bank to report earnings during

Published 07 Aug, 2017 12:00am

British government launches review to cut long-term energy costs

Britain's government launched a review on how best to reduce long-term energy bills for households and business on Sunday, prompted in part by concern that high electricity costs could damage industrial competitiveness. The government said it was still co

Published 07 Aug, 2017 12:00am

UK ready to pay up to 40 billion euros to leave EU

Britain is prepared to pay up to 40 billion euros ($47 billion) as part of a deal to leave the European Union, the Sunday Telegraph newspaper reported, citing three unnamed sources familiar with Britain's negotiating strategy. The EU has floated a figure

Published 07 Aug, 2017 12:00am

UK funds favour euro stocks, see little policy tightening risk

British investors have raised their holdings of European equities to the highest since September 2015 in a bet that a surging euro will not derail the bloc's economic recovery and super-easy credit policies will remain in place. Reuters' monthly poll of 1

Published 07 Aug, 2017 12:00am

UK funds favour euro stocks, see little policy tightening risk

British investors have raised their holdings of European equities to the highest since September 2015 in a bet that a surging euro will not derail the bloc's economic recovery and super-easy credit policies will remain in place. Reuters' monthly poll of 1

Published 07 Aug, 2017 12:00am

Exchange

Qatar's IHG to list on bourse despite diplomatic crisis

Family-owned Qatari conglomerate Investment Holding Group plans to list on the local stock market next week in a sign that authorities intend to push ahead with developing Qatar's financial markets despite a diplomatic crisis. Saudi Arabia, the United Ara

Published 07 Aug, 2017 12:00am

Exchange

China eyes widening yuan band amid reform pressures

China's central bank is considering a widening of the yuan's trading band after a major Communist party meeting this year, a largely cosmetic move that would burnish its reform credentials as official policy focuses on reducing debt. The People's Bank of

Published 07 Aug, 2017 12:00am

Saudi Arabia, Egypt outperform in weak region

Saudi Arabia's stock market edged up on the back of modest gains in the banking sector on Sunday while Egypt imitated world markets' strong finish at the end of last week. Most other Middle Eastern bourses fell. The Riyadh index added 0.1 percent, remaini

Published 07 Aug, 2017 12:00am

Average US prime money fund yield hits one percent

The yield on US prime money market funds held by institutional investors averaged 1 percent, the highest since early 2009, the Money Fund Report said on Wednesday. In recent days, yields on US Treasury bills have been rising on concerns about a possible U

Published 07 Aug, 2017 12:00am

Average US prime money fund yield hits one percent

The yield on US prime money market funds held by institutional investors averaged 1 percent, the highest since early 2009, the Money Fund Report said on Wednesday. In recent days, yields on US Treasury bills have been rising on concerns about a possible U

Published 07 Aug, 2017 12:00am

China's money rates fall as seasonal factors fade

China's primary money rates eased for the week as liquidity conditions improved following the month-end peak demand for cash and even as the central bank drained funds. The volume-weighted average rate of the benchmark seven-day repo traded in the interba

Published 07 Aug, 2017 12:00am

Yields drop sharply on Egypt's treasury-bills after foreign currency reserves surge

The average yields on Egypt's three- and nine-month treasury bills fell sharply in an auction on Sunday, central bank data showed, days after foreign currency reserves surged above their pre-2011 levels. The average yield on the 91-day bill slipped to 19.

Published 07 Aug, 2017 12:00am

Exchange

Taiwan bourse not fazed by tech firms listing in Hong Kong

The Taiwan Stock Exchange will continue to be the safest harbour for the island's tech companies and FIT Hon Teng Ltd's listing in Hong Kong last month should not raise concerns that more firms will list there, a top executive said on Tuesday. "We don't n

Published 07 Aug, 2017 12:00am

Investment focus: weak dollar a green light for the global stocks rally

Far from indicating the US economy is struggling or the "Trump discount" unravelling, the weak dollar may be a sign that arguably the most benign investment conditions for a decade are likely to persist a while longer. US stock markets are at record highs

Published 07 Aug, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 80.68-80.68 (previous 80.68-80.68).

Published 07 Aug, 2017 12:00am

Zimbabwe central bank warms up 'bond note' printing presses

Zimbabwe is more than doubling its issuance of "bond notes", a domestic quasi-currency, to $500 million, its central bank governor said on Wednesday, stoking fears of a slide towards the rampant money-printing and hyperinflation of a decade ago. Harare ha

Published 07 Aug, 2017 12:00am

Zimbabwe central bank warms up 'bond note' printing presses

Zimbabwe is more than doubling its issuance of "bond notes", a domestic quasi-currency, to $500 million, its central bank governor said on Wednesday, stoking fears of a slide towards the rampant money-printing and hyperinflation of a decade ago. Harare ha

Published 07 Aug, 2017 12:00am

Wall Street week ahead: Amazon shadow looms large ahead of retail earnings

As old and new Amazon.com competitors gear up to report earnings, investors are eager to know how they plan to withstand the growth of the No 1 online retailer. So far this quarter, Amazon has been brought up in some 130 earnings calls from S&P 1500 compo

Published 07 Aug, 2017 12:00am

Video review makes inpact in MLS debut

The debut of video review in Major League Soccer on Saturday saw FC Dallas become the league's first club to have a goal ruled out by the system in their 3-1 loss to the Philadelphia Union. Dallas, trailing 3-0 in Philadelphia, thought they had pulled a g

Published 07 Aug, 2017 12:00am

England in sight of South Africa series win

Moeen Ali's dashing fifty all but put the fourth Test beyond South Africa's reach as England moved towards a series win at Old Trafford on Sunday. When rain ended the third's play at 1615 GMT, England were 224 for eight in their second innings - a lead of

Published 07 Aug, 2017 12:00am

Dutch win women's Euro for first time

A brace from Vivianne Miedema led hosts Netherlands to a 4-2 win over Denmark and their first women's Euro title in Enschede on Sunday. Miedema pulled the hosts level at 1-1 on ten minutes and added her second goal two minutes from the end to round off th

Published 07 Aug, 2017 12:00am

Zverev rips Nishikori, faces Anderson for title

Germany's Alexander Zverev dominated Japan's Kei Nishikori 6-3, 6-4 Saturday in a showdown of top-10 rivals to reach the ATP and WTA Citi Open final against South Africa's Kevin Anderson. Zverev, ranked a career-best eighth this week, dropped only seven p

Published 07 Aug, 2017 12:00am

Kenya's Kirui wins men's world marathon

Kenya's Geoffrey Kipkorir Kirui won the men's world marathon on Sunday, making up for his country's podium no-show in the last two championships. Kirui, this season's Boston marathon winner, clocked 2hr 08min 27sec for gold, 1min 22sec ahead of Ethiopian

Published 07 Aug, 2017 12:00am

Bahrain's Rose Chelimo wins women's world marathon

Kenyan-born Bahraini Rose Chelimo edged veteran Edna Kiplagat to win the women's marathon at the IAAF World Championships on Sunday. Kiplagat hit 40km a second ahead, but Chelimo kicked in the last 2km to win Bahrain's first medal in the event in 2hr 27mi

Published 07 Aug, 2017 12:00am

Jadeja suspended from third Sri Lanka Test

Ravindra Jadeja will miss India's third and final Test against Sri Lanka after being slapped Sunday with a one-match ban by cricket's governing body for dangerous play. The left-arm spinner was reprimanded for a dangerous throw in the second Test in Colom

Published 07 Aug, 2017 12:00am

India crush Sri Lanka in second Test to win series

Ravindra Jadeja claimed five wickets as India crushed Sri Lanka by an innings and 53 runs on day four of the second Test to clinch the series in Colombo on Sunday. Jadeja claimed the big wicket of overnight batsman Dimuth Karunaratne for 141 to end Sri La

Published 07 Aug, 2017 12:00am

Keys shocks Muguruza to reach Stanford final

Madison Keys roared past top-seeded Wimbledon champion Garbine Muguruza 6-3, 6-2 on Saturday to book an all-American WTA Stanford final against CoCo Vandeweghe. Keys, the third seed, needed just 57 minutes to subdue Muguruza, who claimed the second Grand

Published 07 Aug, 2017 12:00am

Gatlin stuns Bolt to win 100 metres world title

Justin Gatlin ruined Usain Bolt's farewell party when the 35-year-old American won the world 100 metres title on Saturday, beating the Jamaican superstar into third and sparking a chorus of boos from a London crowd unhappy with his doping past. What was m

Published 07 Aug, 2017 12:00am

Emirates crash investigators focusing on pilot actions

The United Arab Emirates investigation into the 2016 Emirates crash in Dubai is focusing on pilot actions and has identified ways that air traffic control and flight crews can communicate better, an interim report said on Sunday. The Boeing 777-300 flight

Published 07 Aug, 2017 12:00am

Two rebels killed in Iran border clash: revolutionary Guards

Two "terrorists" were killed and four wounded on Iran's northwestern border, a Revolutionary Guards commander said Sunday. "The counter-revolutionary terrorist cell, which was attempting to enter Iran, was dismantled at the border in western Azerbaijan pr

Published 07 Aug, 2017 12:00am

Syrian army advances against IS, approaches Deir Ezzor

Syrian government troops advanced overnight against the Islamic State group in the country's north and centre, drawing closer to the key battleground of Deir Ezzor, a monitor said. The Syrian Observatory for Human Rights, a Britain-based monitor, said the

Published 07 Aug, 2017 12:00am

Syria investigator del Ponte quits, blaming UN Security Council

A member of the UN Commission of Inquiry on Syria said on Sunday she was quitting because a lack of political backing from the UN Security Council had made the job impossible, Swiss national news agency SDA reported. Carla del Ponte, 70, who prosecuted wa

Published 07 Aug, 2017 12:00am

Knifeman arrested at Eiffel Tower 'wanted to kill soldier'

A man arrested at the Eiffel Tower after brandishing a knife in front of tourists and security forces has told investigators he wanted to kill a soldier, sources close to the case told AFP on Sunday. The intruder, who is aged 18 and has a history of psych

Published 07 Aug, 2017 12:00am

Canada sees rising tide of migrants from the US

The flow of migrants, mostly Haitians fearing expulsion from the United States, has surged in recent weeks on Canada's southern border, with requests for asylum tripling since mid-July, officials say. At the Lacolle crossing point on the Quebec border, fe

Published 07 Aug, 2017 12:00am

Typhoon Noru kills two

Strong typhoon Noru brought heavy rain and strong winds to southwest Japan, killing two people, local officials said Sunday as they warned of landslides and floods. A man in his 60s on the remote island of Yakushima died Saturday after strong gusts made h

Published 07 Aug, 2017 12:00am

Angry Pence denies eye on 2020 presidential bid

US Vice President Mike Pence angrily rejected a report Sunday that he is laying the groundwork for a possible 2020 run for the presidency, calling it "absurd" and "categorically false." The New York Times reported Sunday that the turmoil around the presid

Published 07 Aug, 2017 12:00am

Afghan officials seize truck with 16 tonnes of explosives

Afghan intelligence officials said Sunday they seized a truck in Kabul carrying more than 16 tonnes of explosives hidden in boxes marked as poultry feed, months after a truck bomb killed about 150 people. The truck, with Pakistani license plates, was seiz

Published 07 Aug, 2017 12:00am

Attackers kill dozens of Afghan villagers in northern province

Insurgents attacked a village in the northern Afghan province of Sar-e Pul, killing as many as 50 people, including women and children, officials said on Sunday. Zabihullah Amani, a spokesman for the provincial governor, said the fighters, who included fo

Published 07 Aug, 2017 12:00am

Suicide attack in Cameroon kills eight

A suicide bomb attack in the far north of Cameroon killed eight people, local officials and security sources said Sunday. The attack happened on Saturday evening at the village of Ouro-Kessoum, two kilometres from the Nigerian border, said the head of a l

Published 07 Aug, 2017 12:00am

Twelve killed in Nigeria church shooting

Twelve worshippers were shot dead at a church in southeast Nigeria on Sunday, with authorities suggesting the bloodshed was due to a local feud. At around 6:00 am (0500 GMT), five gunmen opened fire at St. Philip's church in Ozubulu, near the city of Onit

Published 07 Aug, 2017 12:00am

Russia's Lavrov meets US Tillerson, says feels US ready to continue dialogue

Russian Foreign Minister Sergei Lavrov said on Sunday he believed his US colleagues were ready to continue dialogue with Moscow on complex issues despite bilateral tensions. Lavrov, who met US Secretary of State Rex Tillerson on the sidelines of an intern

Published 07 Aug, 2017 12:00am

Libyan coastguard intercepts 137 migrants

Libya's coastguard intercepted 137 migrants including five women and three children on Sunday as they attempted to reach Europe, a migration official told AFP. Amine al-Boussefi, head of a government agency in Tripoli tackling clandestine migration, said

Published 07 Aug, 2017 12:00am

Australia police release man in foiled plane plot

Australian police Sunday released a second man arrested during counter-terrorism raids, days after two others were charged with terrorism offences over an alleged plot to bring down a plane. The 39-year-old man, named by his lawyer as Khaled Merhi, was am

Published 07 Aug, 2017 12:00am

Philippine military needs 20,000 more troops due to greater threats: Duterte

Philippine President Rodrigo Duterte has asked lawmakers to approve the recruiting of 20,000 more soldiers to tackle increased security threats following a bloody urban siege in the south, his spokesman said Sunday. Almost 700 people have been killed, acc

Published 07 Aug, 2017 12:00am

Abbas pledges to ramp up Gaza sanctions

Palestinian president Mahmud Abbas has pledged to increase sanctions on the Gaza Strip, drawing a fresh attack from its Hamas rulers. Abbas, the leader of the internationally-recognised Palestinian government based in the Israeli-occupied West Bank, has b

Published 07 Aug, 2017 12:00am

Saudis pledge $33.7 million to UN to battle cholera in Yemen

Saudi Arabia has pledged $33.7 million to help the World Health Organisation eradicate cholera in war-wracked Yemen, where the disease has killed nearly 2,000 people, the WHO said on Sunday. Gregory Hartl, a spokesman for the organisation, confirmed that

Published 07 Aug, 2017 12:00am

Bangladesh seizes 25 kg of gold

Authorities at Bangladesh's main international airport on Sunday arrested a man accused of posing as a wheelchair user in an elaborate plot to smuggle 25 kilograms of gold past customs. The bullion bust, worth an estimated $1.5 million, was the largest th

Published 07 Aug, 2017 12:00am

Fire erupts in Dubai residential highrise

A fire erupted in a residential highrise in Dubai Sunday, authorities said, days after a blaze tore through a tower across the street. Dubai Civil Defence said Sunday it had put out the "minor fire" that broke out on a balcony in the 78-storey Tiger Tower

Published 07 Aug, 2017 12:00am

Germany's SPD rejects Nato 2 percent defence spending target

Germany's Social Democrats on Sunday rejected Nato's target of spending 2 percent of national output on defence and accused German Chancellor Angela Merkel and her conservatives of kowtowing to the demands of US President Donald Trump. With Germans set to

Published 07 Aug, 2017 12:00am

US calls off rescue for three marines missing off Australia

The US Marine Corps Sunday ended efforts to rescue three missing service members after an American military aircraft crashed during an exercise off Australia. Following the incident involving a MV-22 Osprey - a hybrid helicopter-turboprop with a chequered

Published 07 Aug, 2017 12:00am

Khattak approves release of Rs 284 million grant for FEF

Chief Minister Khyber Pakhtunkhwa Pervez Khattak approved the release of already approved grant of Rs 284 million for Frontier Education Foundation (FEF). He was presiding over 36th meeting of the Board of Directors of Frontier Education Foundation at Chi

Published 07 Aug, 2017 12:00am

Shahbaz reviews law & order situation

Chief Minister Punjab Muhammad Shehbaz Sharif chaired a high level meeting on Sunday to review the initiatives regarding security of public and maintaining law and order situation in the province. Addressing the meeting, the CM said that nothing is more p

Published 07 Aug, 2017 12:00am

I am being maligned after divorce: Reham

Reham Khan, former wife of Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan, has alleged that she was maligned after her divorce. "Neither I am in contact with Ayesha Gulalai nor did I meet PML-N leader Amir Muqam. I am a Pathan. I am not afraid of spea

Published 07 Aug, 2017 12:00am

Condolence reference held for Farasat Iqbal

Punjab Planning & Development Department held a Condolence Reference in memory of deceased former Secretary Implementation and Coordination Muhammad Farasat Iqbal, who died of cancer at the age of 52 leaving behind a widow, two sons and a daughter.

Published 07 Aug, 2017 12:00am

Women as 'collateral' in jirga justice

The rape of a teenage girl in revenge for a crime committed by her brother has left residents of Raja Ram shaken and questioning a deeply entrenched system of village justice. Last month, a council of village elders ordered the rape of the 16-year-old vic

Published 07 Aug, 2017 12:00am

'By 2020, buying a car will be as easy as ordering a pizza,' Suneel Munj, Chairman PakWheels.com

BR Research recently caught up with Suneel Munj, Chairman PakWheels.com to discuss the new happenings at Pakistan's largest community based automobile website. PakWheels.com gets over 25 million visitors annually who view more than 250 million pages on th

Published 07 Aug, 2017 12:00am

'By 2020, buying a car will be as easy as ordering a pizza,' Suneel Munj, Chairman PakWheels.com

BR Research recently caught up with Suneel Munj, Chairman PakWheels.com to discuss the new happenings at Pakistan's largest community based automobile website. PakWheels.com gets over 25 million visitors annually who view more than 250 million pages on th

Published 07 Aug, 2017 12:00am

Girls outclass boys in HSC exams

All top three positions have secured by girls students of Jinnah College for Women (JCW), University of Peshawar, as Board of Intermediate and Secondary Education Peshawar announced results of Higher School Certificate (HSC) results for 2017. A total of 5

Published 07 Aug, 2017 12:00am

Prices of essential items increased slightly

A slight increase in prices of vegetable, chicken, pulses, sugar, fruits and other daily use items was witnessed in retail market, according to survey conducted by Business Recorder here on Sunday. Price of one-kilogram chicken have increased at Rs 147 fr

Published 07 Aug, 2017 12:00am

YDA strike continues amid dismissal of 66 doctors

As the strike called by Young Doctors Association (YDA) continued on sixth day on Sunday, 66 doctors have been dismissed from their duties, according to the health department. The department has also warned the protesting doctors of further strict action

Published 07 Aug, 2017 12:00am

Independence Day's preparations in full swing

With the advent of August, preparations to celebrate 70th Independence Day of the country started in full swing to express love and affection for our beloved homeland in befitting manner. In twin cities, major government and private organisations are busy

Published 07 Aug, 2017 12:00am

Sherpao vows to strive for Pakhtuns' rights

Chairman Qaumi Watan Party (QWP), Aftab Ahmad Sherpao has said that QWP will do the best for rights of Pakhtuns and it would utilised its energy for the peace and stability in the region. He was addressing a party executive committee meeting here at Watan

Published 07 Aug, 2017 12:00am

International pure mathematics conference concludes

Three-day 18th International Pure Mathematics Conference (IPMC) was concluded on Sunday in Islamabad. The conference was participated by 55 speakers, 110 participants, 9 keynote speakers including 4 foreign mathematicians. Professor Dr Masoom Yasin Zai, C

Published 07 Aug, 2017 12:00am

'Doors of Sindh Governor House open for all parties'

The doors of the Governor House are open for all political parties. This was stated by Governor of Sindh, Muhammad Zubair, on Sunday. He was talking to a three-member delegation of the Muttahida Qaumi Movement-Pakistan (MQM-P) in Mirpurkhas. The delegatio

Published 07 Aug, 2017 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 26	153.85
USD to Swiss Franc / Nov 26	0.89
Pound Sterling to USD / Nov 26	1.25
Euro to USD / Nov 26	1.05

Stock	Volume
S&P 500 / Nov 25	5,987.37
India Sensex / Nov 25	80,109.85
Tokyo Nikkei / Nov 25	38,242.02
Nasdaq / Nov 25	18,054.84
Hang Seng / Nov 25	19,255.06
FTSE 100 / Nov 25	8,291.68
Dow Jones / Nov 25	44,736.57
Germany DAX 30 / Nov 25	19,405.20

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 25	17,685
Gold 10 Grams PKR / Nov 25	244,860.20
Petrol/Litre / Nov 26	248.38
Crude Oil USD/Barrel / Nov 26	69.12
Gold Spot USD/Ounce / Nov 26	2,630.41
Diesel/Litre / Nov 26	255.14

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▼ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▼ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▼ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▲ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▲ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▲ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 26 Hascol Petroleum Limited(HASCOL)	64,823,622 ▲ 0.00
Cnergyico PK / Nov 26 Cnergyico PK Limited(CNERGY)	48,065,578 ▲ 0.00
Fauji Foods Ltd / Nov 26 Fauji Foods Limited(FFL)	40,919,425 ▲ 0.00
WorldCall Telecom / Nov 26 Worldcall Telecom Limited(WTL)	33,547,707 ▲ 0.00
K-Electric Ltd. / Nov 26 K-Electric Limited(KEL)	32,092,012 ▲ 0.00
Sui South Gas / Nov 26 Sui Southern Gas Company Limited(SSGC)	30,420,168 ▲ 0.00
Treet Battery / Nov 26 Treet Battery Limited(TBL)	22,823,492 ▲ 0.00
B.O.Punjab / Nov 26 The Bank of Punjab(BOP)	20,014,784 ▲ 0.00
Waves Home Appliances / Nov 26 Waves Home Appliances Limited(WAVESAPP)	19,695,105 ▲ 0.00

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