News Archives for Print - 2017-08-08

'Police render great sacrifices in combating crimes'

Senior Superintendent of Police Hyderabad Amjad Shaikh has said that the district Police had rendered great sacrifices for maintaining the writ of law and combating crimes and criminals in Hyderabad district. He vowed that the police would continue its ef

Published 08 Aug, 2017 12:00am

Cotton

CCAC likely to downward revise cotton production

The Cotton Crop Assessment Committee (CCAC) is likely to downward revise cotton production estimates by around 1.5 million bales for the current season (2017-18), it is learnt. Official sources told Business Recorder that cotton sowing target has b

Published 08 Aug, 2017 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Monday (August 07, 2017).

Published 08 Aug, 2017 12:00am

Cotton

CCAC likely to downward revise cotton production

The Cotton Crop Assessment Committee (CCAC) is likely to downward revise cotton production estimates by around 1.5 million bales for the current season (2017-18), it is learnt. Official sources told Business Recorder that cotton sowing target has b

Published 08 Aug, 2017 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (August 07, 2017)

Published 08 Aug, 2017 12:00am

Nuclear arms treaty: Pakistan not bound by any obligation: FO

The Foreign Office Monday declared that Pakistan is not bound by any obligation enshrined in the Treaty on the Prohibition of Nuclear Weapons, but reaffirmed its commitment to nuclear disarmament in a way that promotes peace, security and stability at the

Published 08 Aug, 2017 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (August 07, 2017).

Published 08 Aug, 2017 12:00am

Nuclear arms treaty: Pakistan not bound by any obligation: FO

The Foreign Office Monday declared that Pakistan is not bound by any obligation enshrined in the Treaty on the Prohibition of Nuclear Weapons, but reaffirmed its commitment to nuclear disarmament in a way that promotes peace, security and stability at the

Published 08 Aug, 2017 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (August 07, 2017).

Published 08 Aug, 2017 12:00am

Cheap oil to help government generate over Rs 3 billion

The government will generate over Rs 3 billion by not passing on the fluctuation in the international price of petroleum and petroleum products - an additional Rs 3.26 billion would be generated by not passing on the full impact of the decline in the inte

Published 08 Aug, 2017 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (August 07, 2017).

Published 08 Aug, 2017 12:00am

Cheap oil to help government generate over Rs 3 billion

The government will generate over Rs 3 billion by not passing on the fluctuation in the international price of petroleum and petroleum products - an additional Rs 3.26 billion would be generated by not passing on the full impact of the decline in the inte

Published 08 Aug, 2017 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (August 07, 2017).

Published 08 Aug, 2017 12:00am

Cheap oil to help government generate over Rs 3 billion

The government will generate over Rs 3 billion by not passing on the fluctuation in the international price of petroleum and petroleum products - an additional Rs 3.26 billion would be generated by not passing on the full impact of the decline in the inte

Published 08 Aug, 2017 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (August 07, 2017).

Published 08 Aug, 2017 12:00am

Dip in consumption, commodity prices hit Indonesia Q2 growth

Indonesia's economy grew a slower-than-expected 5.01 percent in the second quarter as a dip in household consumption and a slowdown in key commodity prices hit the resource-rich country, data released Monday showed. The year-on-year expansion was unchange

Published 08 Aug, 2017 12:00am

Exchange

LME official prices

The following were Friday official prices.

Published 08 Aug, 2017 12:00am

Denmark to ease liquidity rules, but not enough says lobby group

Denmark's FSA said on Monday it would lower the liquidity demands for most banks, but a lobby group said that it was not enough, and that the banks would still be stunted in international competition. From June next year banks will be guided to hold enoug

Published 08 Aug, 2017 12:00am

Exchange

LME official prices

The following were Friday official prices.

Published 08 Aug, 2017 12:00am

Australia's Commonwealth Bank vows to fight laundering claims

Australia's biggest bank Monday admitted mistakes were made but vowed to defend claims it breached money laundering and terrorism financing laws, which could result in massive fines. The Commonwealth Bank, Australia's biggest company by market capitalisat

Published 08 Aug, 2017 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (August 07, 2017).

Published 08 Aug, 2017 12:00am

SoftBank logs dive in quarterly net profit after Alibaba sale

SoftBank said Monday its quarterly net profit plunged after booking a big gain from the sale of part of its stake in Chinese e-commerce firm Alibaba a year ago. The Japanese mobile giant said net profit for the three months to June came in at 5.5 billion

Published 08 Aug, 2017 12:00am

The Weather

The weather report on Monday (August 07, 2017) and the forecast for Tuesday (August 08, 2017).

Published 08 Aug, 2017 12:00am

SoftBank logs dive in quarterly net profit after Alibaba sale

SoftBank said Monday its quarterly net profit plunged after booking a big gain from the sale of part of its stake in Chinese e-commerce firm Alibaba a year ago. The Japanese mobile giant said net profit for the three months to June came in at 5.5 billion

Published 08 Aug, 2017 12:00am

Lahore Power supply hit by construction activities

Ministry of Water and Power has initiated an inquiry into prolonged load shedding in Lahore city, days before the arrival of disqualified former Prime Minister Nawaz Sharif, well informed sources told Business Recorder. Lahore Electric Supply Compa

Published 08 Aug, 2017 12:00am

Lahore Power supply hit by construction activities

Ministry of Water and Power has initiated an inquiry into prolonged load shedding in Lahore city, days before the arrival of disqualified former Prime Minister Nawaz Sharif, well informed sources told Business Recorder. Lahore Electric Supply Compa

Published 08 Aug, 2017 12:00am

Lahore Power supply hit by construction activities

Ministry of Water and Power has initiated an inquiry into prolonged load shedding in Lahore city, days before the arrival of disqualified former Prime Minister Nawaz Sharif, well informed sources told Business Recorder. Lahore Electric Supply Compa

Published 08 Aug, 2017 12:00am

Gas explosion in mine kills five in AJK

A government official says a gas explosion in a coalmine in the Azad Kashmir has killed five miners and injured two after a part of the mine collapsed. Masoodur Rehman, the deputy commissioner of Muzaffarabad, says the explosion took place late on Sunday

Published 08 Aug, 2017 12:00am

Gas explosion in mine kills five in AJK

A government official says a gas explosion in a coalmine in the Azad Kashmir has killed five miners and injured two after a part of the mine collapsed. Masoodur Rehman, the deputy commissioner of Muzaffarabad, says the explosion took place late on Sunday

Published 08 Aug, 2017 12:00am

Exchange

Political turmoil won't augur well for economy: Pasha

Former federal Finance minister Dr Hafiz Pasha has said that ongoing political turmoil does not augur well for economy, democracy and developmental indicators in every sector. He was speaking as chief guest in a seminar on Company Ordinance 2017 held unde

Published 08 Aug, 2017 12:00am

Exchange

Political turmoil won't augur well for economy: Pasha

Former federal Finance minister Dr Hafiz Pasha has said that ongoing political turmoil does not augur well for economy, democracy and developmental indicators in every sector. He was speaking as chief guest in a seminar on Company Ordinance 2017 held unde

Published 08 Aug, 2017 12:00am

Exchange

Political turmoil won''t augur well for economy: Pasha

Former federal Finance minister Dr Hafiz Pasha has said that ongoing political turmoil does not augur well for economy, democracy and developmental indicators in every sector. He was speaking as chief guest in a seminar on Company Ordinance 2017 held unde

Published 08 Aug, 2017 12:00am

'Sanctuary city' Chicago sues Trump administration

The city of Chicago filed suit Monday against the Donald Trump administration for withholding funds from so-called "sanctuary cities" for failing to cooperate with tougher federal efforts to crack down on undocumented immigrants.

Published 08 Aug, 2017 12:00am

'Sanctuary city' Chicago sues Trump administration

The city of Chicago filed suit Monday against the Donald Trump administration for withholding funds from so-called "sanctuary cities" for failing to cooperate with tougher federal efforts to crack down on undocumented immigrants.

Published 08 Aug, 2017 12:00am

SBP Services Corporation (Amendment) Bill, 2017 introduced in NA

The government on Monday introduced "SBP Banking Services Corporation (Amendment) Bill, 2017" to appoint external auditors and acting managing director of State Bank of Pakistan. The government also introduced 'The Regulation of Generation, Transmission a

Published 08 Aug, 2017 12:00am

SBP Services Corporation (Amendment) Bill, 2017 introduced in NA

The government on Monday introduced "SBP Banking Services Corporation (Amendment) Bill, 2017" to appoint external auditors and acting managing director of State Bank of Pakistan. The government also introduced 'The Regulation of Generation, Transmission a

Published 08 Aug, 2017 12:00am

SBP Services Corporation (Amendment) Bill, 2017 introduced in NA

The government on Monday introduced "SBP Banking Services Corporation (Amendment) Bill, 2017" to appoint external auditors and acting managing director of State Bank of Pakistan. The government also introduced ''The Regulation of Generation, Transmission

Published 08 Aug, 2017 12:00am

One killed, 35 injured in Lahore blast

At least one killed and 35 people, including women and children, were critically injured in a blast on Band Road area of the provincial metropolis late on Monday, police and rescuers said. Police officials confirmed that the explosion occurred in a fruit

Published 08 Aug, 2017 12:00am

One killed, 35 injured in Lahore blast

At least one killed and 35 people, including women and children, were critically injured in a blast on Band Road area of the provincial metropolis late on Monday, police and rescuers said. Police officials confirmed that the explosion occurred in a fruit

Published 08 Aug, 2017 12:00am

Qadri arriving at Lahore today

Pakistan Awami Tehreek (PAT) Chairman Dr Tahir-ul-Qadri is arriving at Lahore by cancelling all his overseas commitments. He will announce the next course of action to seek justice in the Model Town case and press for publication of Justice Najafi Commiss

Published 08 Aug, 2017 12:00am

Qadri arriving at Lahore today

Pakistan Awami Tehreek (PAT) Chairman Dr Tahir-ul-Qadri is arriving at Lahore by cancelling all his overseas commitments. He will announce the next course of action to seek justice in the Model Town case and press for publication of Justice Najafi Commiss

Published 08 Aug, 2017 12:00am

SBP unveils draft of 'white label ATMs guidelines'

The State Bank of Pakistan (SBP) has issued draft of "white label ATMs guidelines" to encourage the growth of off-site ATMs and provide a regulatory direction to prospective investors. The objective of issuance of guidelines on white label ATMs is to set

Published 08 Aug, 2017 12:00am

SBP unveils draft of 'white label ATMs guidelines'

The State Bank of Pakistan (SBP) has issued draft of "white label ATMs guidelines" to encourage the growth of off-site ATMs and provide a regulatory direction to prospective investors. The objective of issuance of guidelines on white label ATMs is to set

Published 08 Aug, 2017 12:00am

SBP unveils draft of ''white label ATMs guidelines''

The State Bank of Pakistan (SBP) has issued draft of "white label ATMs guidelines" to encourage the growth of off-site ATMs and provide a regulatory direction to prospective investors. The objective of issuance of guidelines on white label ATMs is to set

Published 08 Aug, 2017 12:00am

US businesses defend Gulf airlines in subsidies dispute

A coalition of transportation and tourism businesses on Monday called on the US government to preserve aviation agreements with Gulf nations despite accusations of unfair trade by major US airlines. Businesses including courier service FedEx, budget air c

Published 08 Aug, 2017 12:00am

US businesses defend Gulf airlines in subsidies dispute

A coalition of transportation and tourism businesses on Monday called on the US government to preserve aviation agreements with Gulf nations despite accusations of unfair trade by major US airlines. Businesses including courier service FedEx, budget air c

Published 08 Aug, 2017 12:00am

US businesses defend Gulf airlines in subsidies dispute

A coalition of transportation and tourism businesses on Monday called on the US government to preserve aviation agreements with Gulf nations despite accusations of unfair trade by major US airlines. Businesses including courier service FedEx, budget air c

Published 08 Aug, 2017 12:00am

Ayesha Ahad serves legal notice on Rana

Ayesha Ahad Malik, said to be wife of MNA Hamza Shahbaz, issued a legal notice to provincial law minister Rana Sanaullah over charges of defamatory remarks against her character. Through her counsel Ali Zia Bajwa, she demanded Rana Sanaullah to retract hi

Published 08 Aug, 2017 12:00am

Ayesha Ahad serves legal notice on Rana

Ayesha Ahad Malik, said to be wife of MNA Hamza Shahbaz, issued a legal notice to provincial law minister Rana Sanaullah over charges of defamatory remarks against her character. Through her counsel Ali Zia Bajwa, she demanded Rana Sanaullah to retract hi

Published 08 Aug, 2017 12:00am

Gunmen kidnap 16 from bus near Nigeria's oil hub

Gunmen abducted 16 people from a passenger bus near southern Nigeria's oil city of Port Harcourt on Monday, witnesses told AFP. "They blocked the road and opened fire on the bus as it approached the Emohua area, thereby forcing the driver to a stop," said

Published 08 Aug, 2017 12:00am

Iran arrests 27 IS suspects

Iran has arrested 27 people plotting attacks for the Islamic State group, including 10 who were detained in a regional country with outside assistance, the intelligence ministry said on Monday. "Intelligence agents succeeded in identifying and arresting a

Published 08 Aug, 2017 12:00am

Iran arrests 27 IS suspects

Iran has arrested 27 people plotting attacks for the Islamic State group, including 10 who were detained in a regional country with outside assistance, the intelligence ministry said on Monday. "Intelligence agents succeeded in identifying and arresting a

Published 08 Aug, 2017 12:00am

Country does need higher growth rate

Acting Chairman of All Pakistan Textiles Mills Association (APTMA) Zahid Mazhar has requested Prime Minister Shahid Khaqan Abbasi to prioritize the revival of the economy in general and textile industry in particular during his tenure; he further contende

Published 08 Aug, 2017 12:00am

Bloated cabinet

Newly sworn-in Prime Minister Shahid Khaqan Abbasi has started his stint in office with a bloated federal cabinet of 43 members, comprising 27 federal ministers and 16 ministers of state. Given that the expected tenure of the stand-in prime minister will

Published 08 Aug, 2017 12:00am

FBR's lacklustre performance

The final estimate of FBR's revenues in 2016-17, as reported to the National Assembly Standing Committee, is Rs 3362 billion. Given the target at the start of the year of Rs 3461 billion, the shortfall is Rs 279 billion. This is the largest shortfall in t

Published 08 Aug, 2017 12:00am

Politics in the time of 62/63

A disturbing exacerbation of the trend towards unsubstantiated accusations, allegations and downright abuse against political opponents has been witnessed since the Supreme Court verdict disqualifying former prime minister Nawaz Sharif. A flawed but still

Updated 08 Aug, 2017 08:19am

Expropriation of water rights

Pakistan and India held meetings in Washington recently for the resolution of disputes pertaining to Kishenganga (330MW) and Ratle) (850MW) hydroelectric power plants (power projects) being constructed by India in held Jammu and Kashmir. The talks remaine

Updated 08 Aug, 2017 09:04am

Dar's self-confidence ebbing away little by little?

A picture is worth a thousand words is a fact that has found its best expression from the photograph of recently-held Chief Commissioners of Federal Bureau of Revenue's Conference that showed the participants and the finance minister as well. Dar was perh

Updated 08 Aug, 2017 11:25am

Nawaz pushing government into blind alley, says Jamaat's Liaquat Baloch

Secretary general Jamaat-e-Islami Liaquat Baloch, has said that Nawaz Sharif's challenge to the state institutions after his disqualification on corruption charges through a unanimous verdict of the Supreme Court is pushing the government of interim Prime

Published 08 Aug, 2017 12:00am

IMC starts removing banners put up in support of Nawaz

Islamabad Municipal Corporation (IMC) has started removing banners and posters put up in support of former Prime Minister Nawaz Sharif on various avenues and along roads in the federal Capital, especially after he was ousted by the Supreme Court of Pakist

Published 08 Aug, 2017 12:00am

Pakistani held in Colombo with heroin

A Pakistani national was taken into custody by the Bandaranaike International Airport (BIA) Custom Officers in Colombo for allegedly smuggling in heroin worth Rs 3.7 million to Sri Lanka earlier Monday. The suspect has smuggled in the heroin from Bangkok,

Published 08 Aug, 2017 12:00am

Election Bill tabled in NA with dissent notes from opposition parties

'The Election Bill, 2017' was presented in the National Assembly on Monday with dissent notes from opposition parties, including Pakistan Tehreek-e-Insaf, Pakistan Peoples Party and Jamaat-e-Islami. Finance Minister Senator Ishaq Dar presented the bill in

Published 08 Aug, 2017 12:00am

HCSTSI felicitates new PM

The office-bearers of Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) while felicitating Shahid Khaqan Abbasi on becoming the new prime minister with thumping majority hoped that under his command, the targets of peace, progress and prosper

Published 08 Aug, 2017 12:00am

Police official notified as security officer for Nawaz

The federal government has notified a senior police official serving of BS-18 as security officer for former Prime Minister Nawaz Sharif in violation of Supreme Court of Pakistan's directives. A three-member bench of the apex court headed by former Chief

Published 08 Aug, 2017 12:00am

LHC issues notice to Ministry of Kashmir Affairs

The Lahore High Court on Monday issued notice to Ministry of Kashmir Affairs and Gilgit Baltistan for August 16 for laying off three officials including a disable man from their services at its Lahore office. The petitioners Ali Raza, Faheem Naseem and As

Published 08 Aug, 2017 12:00am

Foreign office rejects Afghan allegations

Foreign Office on Monday rejected the Afghan allegations of pushing militants into Afghanistan, saying operation Khyber-IV is part of the ongoing counterterrorism efforts and Afghan authorities were informed accordingly.

Published 08 Aug, 2017 12:00am

Nawaz can't lead PML-N rally after disqualification: Babar Awan

Pakistan Tehreek-e-Insaf (PTI) leader Dr Babar Awan on Monday said that a political leader's disqualification from Parliament also seizes his right to lead the party. Talking to journalists, Awan claimed that Political Parties Order 2002 has imposed bar o

Published 08 Aug, 2017 12:00am

Gulalai speaks at NA amid PTI lawmakers' protest

Dissident member of Pakistan Tehreek-e-Insaf Ayesha Gulalai on Monday told the National Assembly amid ruckus and protest by the PTI lawmakers that she would not resign from her seat as she does not believe in personalities such as Imran Khan.

Published 08 Aug, 2017 12:00am

Khawaja Asif briefed on foreign policy issues

Foreign Minister Khawaja Asif on Monday underlined the need for strengthening relations with neighbouring countries. According to Foreign Office Spokesperson Nafees Zakaria, the foreign minister met senior officers of Ministry of Foreign Affairs. In a Twi

Published 08 Aug, 2017 12:00am

Murad orders end to parking on main roads

Sindh Chief Minister Syed Murad Ali Shah expressing his displeasure on parking of vehicles on the main roads at commercial buildings has directed traffic police to launch a vigorous operation to remove commercial activities from the basements approved in

Published 08 Aug, 2017 12:00am

Situation of confrontation must be avoided: Sirajul Haq

Chief of Jamaat-e-Islami, Sirajul Haq, has said that the supremacy of the law in the country must be ensured and the situation of a clash of the state institutions must be avoided. While addressing the Planning Committee of the JI at Mansoora on Monday, h

Published 08 Aug, 2017 12:00am

Heroin seized from Dubai-bound passenger

Airport Security Force (ASF) recovered 1,300 grams of heroin from a Dubai-bound passenger during a raid at Jinnah International airport early Monday morning.The heroin was found hidden in the passenger's suitcase. The ASF, after seizing the contraband, ha

Published 08 Aug, 2017 12:00am

Naval chief calls on German vice admiral

Chief of the Naval Staff Admiral Muhammad Zakaullah is on an official visit to Germany. During the visit, the Naval Chief called on Deputy Chief of Defence Staff Germany, Vice Admiral Ruehle and German Naval Chief (Inspector of German Navy), Vice Admiral

Published 08 Aug, 2017 12:00am

PM, Afghan president agree to enhance anti-terror cooperation

Prime Minister Shahid Khaqan Abbasi and Afghan President Ashraf Ghani on Monday agreed to enhance anti-terror cooperation as terrorism is a common threat for both countries, officials said.

Published 08 Aug, 2017 12:00am

Exchange

Copper hits two-year peak on China growth hopes

Copper prices hit two-year peaks on Monday as soaring steel and iron ore prices in China brightened the outlook for growth and industrial demand in the world's largest metals consumer. Chinese rebar steel futures surged as much as 7 percent to their highe

Published 08 Aug, 2017 12:00am

KBP stages sit-in in front of sugar mills

The Kissan Board Pakistan (KBP) has launched a movement by staging sit-in demonstration in front of sugar mills to ensure payments to the sugarcane growers and acceptance of its other demands. KBP Central President Ch Nisar Ahmad and Punjab President Chau

Published 08 Aug, 2017 12:00am

Nawaz to end GT road journey at Data Darbar: preparations afoot for a historic reception on Friday

The journey of Nawaz Sharif through GT Road will culminate at the shrine of Hazrat Data Ganj Bakhsh Ali Hajveri after offering prayers possibly on Friday, said party sources. The road leading to the shrine of Ali Hajveri from the Ravi Bridge has been deco

Published 08 Aug, 2017 12:00am

Nawaz advised to strictly follow security plan

The law enforcement agencies (LEAs) have warned the ruling party (PML-N) to strictly follow the security plan for Nawaz Sharif's rally agreed in a meeting between the party leadership and the LEAs as deviation from it may lead to a serious mishap. "Histor

Published 08 Aug, 2017 12:00am

JI Youth Wing to celebrate Independence Day

Jamaat-e-Islami (JI) Youth Wing has finalized the arrangements to celebrate the 70th Independence Day with full national and patriotic zeal across the Khyber Pakhtunkwha. This was stated by the JI Youth Wing provincial president Abdul Ghaffar while addres

Published 08 Aug, 2017 12:00am

Exchange

'Better agriculture practices, varieties, will improve our economy'

Federal Science and Technology Secretary Fazal Abbas Maken has said that problem-solving researches coupled with a mechanism of translating the knowledge into products and services are prerequisite to alleviate poverty and to compete with the rest of the

Published 08 Aug, 2017 12:00am

Exchange

Tandlianwala Sugar Mills Limited

Tandlianwala Sugar Mills Limited (TSML) is an enterprise of the 80s. It was incorporated in 1988 as a public limited company. The company's shares are listed in the Pakistan Stock Exchange under the moniker, TSML.

Published 08 Aug, 2017 12:00am

Exchange

Tandlianwala Sugar Mills Limited

Tandlianwala Sugar Mills Limited (TSML) is an enterprise of the 80s. It was incorporated in 1988 as a public limited company. The company's shares are listed in the Pakistan Stock Exchange under the moniker, TSML.

Published 08 Aug, 2017 12:00am

Probe into complaint: traders urge FBR to withdraw letter issued to PCA

Exporters and trade bodies have approached Federal Board of Revenue (FBR) Chairman Tariq Pasha to immediately withdraw the letter issued to the Post Clearance Audit (PCA), Lahore, to investigate a complaint against exporters of fruit, which was found fake

Published 08 Aug, 2017 12:00am

US MIDDAY: gold steadies

Gold prices were little changed on Monday, failing to gain support from a weaker dollar as investors digested sharp losses in the previous session and worried about further US rate hikes. Spot gold rose 0.1 percent at $1,259.20 an ounce by 1:51 pm EDT (17

Published 08 Aug, 2017 12:00am

US MIDDAY: corn, soya higher

US corn and soyabean futures rose more than 1 percent on Monday on position-squaring ahead of US government crop reports due later this week, along with worries about dry conditions in parts of the Midwest, traders said. Wheat followed the firm trend. As

Published 08 Aug, 2017 12:00am

Gold dips in Europe

Gold prices edged lower on Monday, failing to gain support from a weaker dollar as investors digested sharp losses in the previous session and worried about further US rate hikes. Spot gold was down 0.1 percent at $1,257.12 per ounce at 1352 GMT, having o

Published 08 Aug, 2017 12:00am

Exchange

Gold steadies in Asia

Gold held steady near two-week lows on Monday, with the dollar remaining supported by expectations of monetary tightening in the United States following stronger-than-expected jobs data last week. "The job data was very good; gold is pressured," said Rich

Published 08 Aug, 2017 12:00am

Exchange

NY cocoa recovers as charts improve, arabica coffee climbs

New York cocoa futures on ICE climbed on Monday in a technical rebound fuelled by a weaker dollar, while arabica coffee hit a fresh 3-1/2-month high, as technical signals improved, while raw sugar prices slipped. The September New York cocoa contract was

Published 08 Aug, 2017 12:00am

Exchange

Malaysian palm oil falls to two-week low

Malaysian palm oil futures dipped on Monday evening, hitting a two-week low, on expectations that official production data due later this week will show rising output in July. The benchmark palm oil contract for October delivery on the Bursa Malaysia Deri

Published 08 Aug, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 08 Aug, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 08 Aug, 2017 12:00am

Exchange

Rubber rises

Benchmark Tokyo rubber futures hit their highest in a week on Monday, helped by a weaker yen against the US dollar, stronger Shanghai futures and firm oil prices, dealers said. The dollar, which briefly sank below 110.00 yen to a seven-week low last week,

Published 08 Aug, 2017 12:00am

Oil slips as output rises at Libya's largest field

Oil prices dipped on Monday as a rebound in production from Libya's largest oil field prompted selling, and investors worried about higher output from Opec and the United States. Output at Libya's Sharara field was returning to normal after a brief disrup

Published 08 Aug, 2017 12:00am

Italy's Errani hit with two-month doping ban

Italy's Sara Errani has been suspended for two months after failing a doping test, the International Tennis Federation announced on Monday. The 30-year-old former world number five, who reached the French Open final in 2012, tested positive for the banned

Published 08 Aug, 2017 12:00am

Tillerson meets Philippines' Duterte despite rights concerns

US Secretary of State Rex Tillerson brushed aside questions about the Philippines' deadly drug war on Monday as he received a warm welcome from President Rodrigo Duterte. Duterte's 13-month-old administration has launched a brutal crackdown on drugs that

Published 08 Aug, 2017 12:00am

Al-Qaeda ousted from oil-rich Yemen province

Al-Qaeda fighters have retreated from an oil-rich southern province of war-ravaged Yemen in the face of an assault by an elite US-backed government force, a military official said Monday. Al-Qaeda in the Arabian Peninsula (AQAP), seen by the United States

Published 08 Aug, 2017 12:00am

Zuma faces secret vote on no-confidence motion

A parliamentary vote of no confidence in South African President Jacob Zuma will be held by secret ballot, it was announced Monday, in a move that could encourage some ANC lawmakers to choose to oust him. The vote to be held Tuesday has become a test of A

Published 08 Aug, 2017 12:00am

Notorious Holocaust denier Ernst Zuendel dies

Convicted Holocaust denier Ernst Zuendel, who served jail time for inciting racial hatred, has died in Germany at the age of 78, his family said Monday. Zuendel, one of the leading figures in the denial movement, died on Saturday at his home in the southw

Published 08 Aug, 2017 12:00am

'Status quo' at AIBA until September court ruling

A Swiss court rejected Monday an urgent provisional management shakeup at amateur boxing's ruling body AIBA, ruling the push to oust embattled president Wu Ching-Kuo could wait for a proper hearing. "The Swiss court has announced today (Monday) its decisi

Published 08 Aug, 2017 12:00am

Neymar not bigger than Barca: president

Barcelona president Josep Maria Bartomeu insisted no player is bigger than the Catalan giants on Monday in the wake of Neymar's world record 222 million euro ($264 million) move to Paris Saint-Germain. Bartomeu and his board are under pressure to wisely r

Published 08 Aug, 2017 12:00am

Currency	Rate
USD PKR Interbank Selling / May 15	281.68
USD PKR Interbank Buying / May 15	281.43
USD to Japanese Yen / May 15	145.80
USD to Swiss Franc / May 15	0.84
Pound Sterling to USD / May 15	1.33
Euro to USD / May 15	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
Nasdaq / May 14	19,146.81
Dow Jones / May 14	42,051.06
India Sensex / May 15	80,937.53
Tokyo Nikkei / May 15	37,755.51
Hang Seng / May 15	23,453.16
FTSE 100 / May 15	8,561.58
Germany DAX 30 / May 15	23,462.44
France CAC40 / May 15	7,814.71

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Petrol/Litre / May 15	252.63
Crude Oil USD/Barrel / May 15	60.66
Gold Spot USD/Ounce / May 15	3,162.99
Diesel/Litre / May 15	256.64
Cotton US¢/pound / May 15	65.21

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.02 ▲ 0.41 (15.71%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.70 ▲ 0.46 (14.2%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
S.G.Power / May 15 S.G. Power Limited(SGPL)	8.65 ▲ 0.94 (12.19%)
Premier Insurance / May 15 Premier Insurance Limited(PINL)	5.83 ▲ 0.63 (12.12%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	9.83 ▲ 1 (11.33%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Flying Cement / May 15 Flying Cement Company Limited(FLYNG)	49.46 ▲ 4.5 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)

Stock	Price
Olympia Mills / May 15 Olympia Mills Limited(OML)	50.47 ▼ -5.06 (-9.11%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.65 ▼ -2.64 (-9.01%)
Apna Microfin. / May 15 Apna Microfinance Bank Limited(AMBL)	10.04 ▼ -0.91 (-8.31%)
Askari Life Assur. / May 15 Askari Life Assurance Company Limited(ALAC)	4.63 ▼ -0.35 (-7.03%)
Imperial Limited / May 15 Imperial Limited(IML)	16.52 ▼ -1.23 (-6.93%)
B. F. Mod. / May 15 B.F. Modaraba(BFMOD)	8.73 ▼ -0.61 (-6.53%)
Punjab Oil / May 15 Punjab Oil Mills Limited(POML)	186.82 ▼ -11.54 (-5.82%)
Equity Modaraba / May 15 First Equity Modaraba(FEM)	2.85 ▼ -0.16 (-5.32%)
Pakgen Power / May 15 Pakgen Power Limited(PKGP)	114.14 ▼ -6.39 (-5.3%)
Ashfaq Textile / May 15 Ashfaq Textile Mills Limited(ASHT)	12.34 ▼ -0.68 (-5.22%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	50,818,876 ▲ 2.68
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	47,570,881 ▲ 0.48
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	40,246,546 ▲ 0.16
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	32,888,417 ▲ 0.18
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	29,667,657 ▲ 4.48
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	25,344,612 ▲ 0.91
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	21,773,148 ▲ 0.29
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	16,962,449 ▲ 3.34
B.O.Punjab / May 15 The Bank of Punjab(BOP)	16,957,410 ▲ 0.15
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	16,572,822 ▲ 0.03

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