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Nov 08, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-08-15
Sri Lankan rupee edges down
Exchange

Sri Lankan rupee edges down

The Sri Lankan rupee ended slightly weaker on Monday as dollar demand from importers outpaced the selling of the US currency by banks and exporters, dealers said. The spot rupee ended at 153.10/15 per dollar, compared with Monday's close of 153.05/10.
Published 15 Aug, 2017 12:00am
Asian currencies rise; South Korean won leads gains

Asian currencies rise; South Korean won leads gains

Asian currencies were higher on Monday, led by the South Korean won as traders in Seoul felt that the weekend did not bring any increase in the tensions between the United States and North Korea. "Risk sentiment is a notch higher today and helping Asian c
Published 15 Aug, 2017 12:00am
Canadian dollar dips

Canadian dollar dips

The Canadian dollar weakened on Monday against its US counterpart as oil prices fell and the greenback posted broader gains, while investors awaited the start of renegotiations of the NAFTA trade pact this week. Prices of oil, one of Canada's major export
Published 15 Aug, 2017 12:00am
China's yuan edges up, fixing at strongest in nearly 11 months
Exchange

China's yuan edges up, fixing at strongest in nearly 11 months

China's yuan firmed against the US dollar on Monday after the central bank guided the currency higher for the fifth straight day, setting the midpoint at its strongest in nearly 11 months. The Chinese currency recorded the best weekly performance since Ju
Published 15 Aug, 2017 12:00am
Aussie, kiwi hold gains, weather China data squall
Exchange

Aussie, kiwi hold gains, weather China data squall

The Australian and New Zealand dollars were consolidating gains on Monday after bouncing in the wake of soft US inflation numbers, while suffering a slight setback from disappointing data out on China. The Australian dollar was 0.2 percent firmer at $0.79
Published 15 Aug, 2017 12:00am
Sterling little changed in face of Brexit noise

Sterling little changed in face of Brexit noise

Sterling inched down against a broadly stronger dollar on Monday, holding close to the $1.30 level that has proved an anchor for the past month despite a series of negative headlines from the first weeks of Brexit negotiations. Banks are divided on the ou
Published 15 Aug, 2017 12:00am
Roadside bombing kills 12 civilians in south Yemen

Roadside bombing kills 12 civilians in south Yemen

A roadside bomb killed 12 civilians and wounded four in southern Yemen on Monday when a blast targeting a military car hit their vehicle instead, a security source said. Two other people, including a soldier, were killed Monday in separate attacks also in
Published 15 Aug, 2017 12:00am
Britain's Big Ben to fall silent for four years

Britain's Big Ben to fall silent for four years

Britain's much-loved Big Ben will fall silent for four years from next week as conservation work is carried out on the famous 19th century bell in a clock tower next to the Houses of Parliament. "Big Ben falling silent is a significant milestone in this c
Published 15 Aug, 2017 12:00am
Wildfires hit Greenland after record temperatures

Wildfires hit Greenland after record temperatures

Police in Greenland warned people to stay away from western areas of the island as wildfires scorched swathes of scrubland. In a statement, the police said it "still discourages all traffic - including hiking and hunting - in two areas around Nassuttooq a
Published 15 Aug, 2017 12:00am
Large wildfire raging near coastal Athens homes

Large wildfire raging near coastal Athens homes

A wildfire was raging Monday on the coastal front of Athens, officials said, with summer homes under threat and a local village evacuated. The fire in Kalamos, about 45 kilometres (28 miles) east of the Greek capital, was burning across a wide front for a
Published 15 Aug, 2017 12:00am
UN peacekeeper, Mali soldier dead after gunmen attack UN base

UN peacekeeper, Mali soldier dead after gunmen attack UN base

Gunmen attacked a UN base in central Mali on Monday, killing a UN peacekeeper and a Malian soldier, the United Nations said, denouncing a "revolting terrorist attack". The soldiers were killed during an attack in Douentza, in the Mopti region, according t
Published 15 Aug, 2017 12:00am
Mugabe's possible successor falls ill, flown to South Africa

Mugabe's possible successor falls ill, flown to South Africa

Zimbabwe's vice president, Emmerson Mnangagwa, who is seen as favourite to succeed President Robert Mugabe, has been flown to South Africa for emergency medical care, officials said Monday. Mnangagwa, 74, fell ill at a rally where Mugabe spoke on Saturday
Published 15 Aug, 2017 12:00am
Australia drops asylum-seeker secrecy laws

Australia drops asylum-seeker secrecy laws

Australia is scrapping secrecy laws designed to stop whistleblowers from speaking out about alleged abuse at offshore asylum-seeker detention camps, in a move which campaigners Monday hailed as a victory for free speech. Asylum-seekers who try to reach Au
Published 15 Aug, 2017 12:00am
Kenya's Odinga mulls next move on disputed election

Kenya's Odinga mulls next move on disputed election

Kenya's opposition leader Raila Odinga was weighing his next move Monday to contest an election he claims was rigged after defying pressure at home and from abroad to take his complaints to the courts. The 72-year-old insists he was the rightful winner of
Published 15 Aug, 2017 12:00am
Moscow backs peace efforts by Libya rivals: Lavrov

Moscow backs peace efforts by Libya rivals: Lavrov

Russian Foreign Minister Sergei Lavrov on Monday backed the efforts of Libya's military commander Khalifa Haftar and his rival UN-backed Prime Minister Fayez al-Sarraj to reach a peace agreement in the conflict-ridden country. "We actively support the eme
Published 15 Aug, 2017 12:00am
Germany opens probe against Swiss spies

Germany opens probe against Swiss spies

German prosecutors have opened a probe against three Swiss intelligence agents on suspicion of spying on German authorities hunting tax cheats in a case that has strained cross-border relations, local media reported Monday. The new investigation by federa
Published 15 Aug, 2017 12:00am
SpaceX launches super-computer to space station

SpaceX launches super-computer to space station

SpaceX on Monday blasted off its unmanned Dragon cargo ship toward the International Space Station, carrying a host of science experiments and the most powerful computer ever sent into orbit. "Three, two, one, and liftoff," a SpaceX commentator said as th
Published 15 Aug, 2017 12:00am
Missing Dutchman's body found in Turkey after 37-day search

Missing Dutchman's body found in Turkey after 37-day search

Turkish emergency teams on Monday found the body of a Dutchman missing for 37 days in the south of the country after losing contact with friends, reports said. Joey Hoffman, 22, went missing in the Silifke district of the southern Mersin province while vi
Published 15 Aug, 2017 12:00am
Conflict leaves millions hungry in DR Congo, UN warns

Conflict leaves millions hungry in DR Congo, UN warns

Nearly eight million people face acute hunger in the Democratic Republic of Congo as a result of conflict, especially in the central Kasai region, UN food agencies said Monday. "Food security and nutrition... are deteriorating in many parts of DRC, but no
Published 15 Aug, 2017 12:00am
US rallies LatAm on Venezuela after Trump military warning

US rallies LatAm on Venezuela after Trump military warning

The United States vowed Monday to stop Venezuela from becoming a "failed state," as it rallied Latin American allies after President Donald Trump warned of possible military action. US Vice President Mike Pence met in a church in Cartagena, Colombia with
Published 15 Aug, 2017 12:00am
Merck CEO quits Trump advisory panel over Charlottesville response

Merck CEO quits Trump advisory panel over Charlottesville response

President Donald Trump lambasted Merck's CEO Monday after the African-American pharmaceutical executive resigned from a White House advisory council, citing Trump's controversial response to a violent white supremacist rally. Merck chief executive Kenneth
Published 15 Aug, 2017 12:00am
China bans North Korean iron, seafood imports

China bans North Korean iron, seafood imports

China will halt iron, iron ore and seafood imports from North Korea starting Tuesday, following through on new UN sanctions after US pressure for Beijing to strongarm Pyongyang over its ally's nuclear programme. The decision was announced on Monday after
Published 15 Aug, 2017 12:00am
China bans North Korean iron, seafood imports

China bans North Korean iron, seafood imports

China will halt iron, iron ore and seafood imports from North Korea starting Tuesday, following through on new UN sanctions after US pressure for Beijing to strongarm Pyongyang over its ally's nuclear programme. The decision was announced on Monday after
Published 15 Aug, 2017 12:00am
Iran drone flies close to US carrier in Gulf: Pentagon

Iran drone flies close to US carrier in Gulf: Pentagon

An Iranian drone with no lights on flew close to US aircraft operating in the Gulf, US officials said Monday, in what they called an "unsafe and unprofessional" incident. The Sunday night event saw an Iranian QOM-1 drone fly within 1,000 feet (300 meters)
Published 15 Aug, 2017 12:00am
Australian deputy PM caught in dual citizenship crisis

Australian deputy PM caught in dual citizenship crisis

Australian Deputy Prime Minister Barnaby Joyce's political future was in doubt Monday after it emerged he was a dual citizen, placing the conservative government's slim parliamentary majority at risk. Australia does not allow dual citizens to sit in parli
Published 15 Aug, 2017 12:00am
North Korean missiles based on motor from ex-Soviet plant: report

North Korean missiles based on motor from ex-Soviet plant: report

North Korea's recent rapid progress in developing a long-range missile appears to have come after it refurbished rocket engines procured from a plant in the former Soviet Union, according to an expert report published Monday. According to Michael Elleman
Published 15 Aug, 2017 12:00am
US has 'no interest' in North Korea regime change: Mattis, Tillerson

US has 'no interest' in North Korea regime change: Mattis, Tillerson

America has "no interest" in regime change in Pyongyang or the accelerated reunification of the two Koreas, two top US officials said in a message calibrated to cool last week's heated rhetoric. Pentagon chief Jim Mattis and Secretary of State Rex Tillers
Published 15 Aug, 2017 12:00am
EU civil society unhappy over HR 'violations'

EU civil society unhappy over HR 'violations'

The European Union's civil society is unhappy with Islamabad for what it says no let-up in human rights violations, continued use of death penalty, military courts and enforced disappearances These views were expressed at a recent meeting of the EU's civi
Published 15 Aug, 2017 12:00am
CPEC to become reality soon: Asif
Exchange

CPEC to become reality soon: Asif

Foreign Minister Khawaja Muhammad Asif Monday said that China Pakistan Economic Corridor (CPEC) would soon become a reality and benefits of the project would reach to common man. Participation of Chinese vice Prime Minister, Wang Yang in Pakistan's Indepe
Published 15 Aug, 2017 12:00am
Hascol Petroleum Limited
Mutual Funds

Hascol Petroleum Limited

Hascol Petroleum Limited was granted an oil marketing license by the government in February 2005, and since then, Hascol has been engaged in developing a retail network under Hascol brand and has commissioned over 370 retail outlets in the four provinces
Published 15 Aug, 2017 12:00am
Hascol Petroleum Limited
Mutual Funds

Hascol Petroleum Limited

Hascol Petroleum Limited was granted an oil marketing license by the government in February 2005, and since then, Hascol has been engaged in developing a retail network under Hascol brand and has commissioned over 370 retail outlets in the four provinces
Published 15 Aug, 2017 12:00am
Educational institutions celebrate Independence Day

Educational institutions celebrate Independence Day

Educational institutions across the city celebrated the 70th Independence Day on Monday by arranging flag-hoisting ceremonies, walks, prayer sessions and seminars. Punjab University Vice Chancellor Professor Dr Zaffar Mueen Nasir has urged the nation to s
Published 15 Aug, 2017 12:00am
JI chief explains how national unity can be preserved

JI chief explains how national unity can be preserved

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has said that the constitution of Pakistan was the best guarantee for the national unity and harmony but a disqualified person was talking of amending the constitution. He was speaking at the flag-h
Published 15 Aug, 2017 12:00am
Punjab CM holds 'aristocracy' responsible for nation's woes

Punjab CM holds 'aristocracy' responsible for nation's woes

Punjab Chief Minister Shahbaz Sharif has held the aristocracy responsible for all ills facing the country. While talking to media persons at the flag hoisting ceremony held at the Lahore Fort on Monday, Shahbaz said, "The whole aristocracy class including
Published 15 Aug, 2017 12:00am
SNGPL celebrates Independence Day

SNGPL celebrates Independence Day

The Independence Day of the country was celebrated with national fervor & enthusiasm at Sui Northern Gas Pipelines Limited (SNGPL) head office, Lahore. In this connection, the flag hoisting ceremony was held, where Managing Director SNGPL, Amjad Latif unf
Published 15 Aug, 2017 12:00am
Independence Day celebrations held in DHA educational institutions

Independence Day celebrations held in DHA educational institutions

A flag hoisting ceremony was organized on the occasion of Pakistan's Independence Day at DHA SKBZ College and DHA Model High School Phase-IV on 14 August 2017. The Administrator DHA Brigadier Shahid Hassan Ali hoisted the national flag followed by the nat
Published 15 Aug, 2017 12:00am
Independence Day celebrated with zeal in Tehran

Independence Day celebrated with zeal in Tehran

Pakistan's 70th Independence Day was celebrated with full zeal at the Residence of Ambassador of Pakistan in Tehran on Monday. A large number of Pakistani community participated in the celebrations. Ambassador Asif Durrani hoisted the National flag accomp
Published 15 Aug, 2017 12:00am
Independence Day observed in Balochistan

Independence Day observed in Balochistan

The 70th Independence Day of Islamic Republic of Pakistan was observed on Monday in parts of Balochistan with national fervour and solemnity. The day began with special prayers in the mosques for unity, solidarity and prosperity of the country. 21-gun sal
Published 15 Aug, 2017 12:00am
11 injured in Independence Day celebratory gunfire

11 injured in Independence Day celebratory gunfire

At least 11 people, including women and children, were wounded in aerial firing during Independence Day celebrations in Karachi on night between Sunday and Monday. According to details, a stray bullet wounded 13-year-old girl Maryam in Soldier Bazaar area
Published 15 Aug, 2017 12:00am
Independence Day marked in Thar Block II

Independence Day marked in Thar Block II

Different mining and power companies and development sector organizations working in Thar Block II at Taulka Islamkot of district Tharparkar on Monday celebrated 71st Independence Day with traditional zeal and fervor and reiterated the commitment to bring
Published 15 Aug, 2017 12:00am
CEAD celebrates Independence Day

CEAD celebrates Independence Day

The 70th Independence Day of Pakistan was observed with national zeal and enthusiasm at Centre of Excellence in Art & Design (CEAD), Mehran University of Engineering and Technology (MUET), Jamshoro. The Director CEAD, Professor Dr Bhai Khan Shar hoisted t
Published 15 Aug, 2017 12:00am
Independence Day celebrated at KCAET

Independence Day celebrated at KCAET

A well-attended ceremony was held at the Khairpur College of Agricultural Engineering and Technology to celebrate the 70th anniversary Pakistan's Independence. The principal Dr Mohammad Ibrahim Keerio hoisted national flag of Pakistan. "Pakistan came into
Published 15 Aug, 2017 12:00am
Bilawal pays surprise visit to People's Secretariat

Bilawal pays surprise visit to People's Secretariat

Chairman Pakistan Peoples Party Bilawal Bhutto Zardari paid a surprise visit to the People's Secretariat near Mazar-e-Quaid and intermingled with the Party workers there on Monday. After paying a visit to Mazar-e-Quaid on 70th Independence Day, the PPP Ch
Published 15 Aug, 2017 12:00am
Nawaz's rally was against institutions: Khursheed

Nawaz's rally was against institutions: Khursheed

Leader of the Opposition in National Assembly Syed Khursheed Shah on Monday lashed out at former prime minister Nawaz Sharif for staging rally which was "against state institutions". While addressing an event, Shah recalled the occasion when Shaheed Benaz
Published 15 Aug, 2017 12:00am
Sindh CM, Governor, ministers visit Mazar-e-Quaid

Sindh CM, Governor, ministers visit Mazar-e-Quaid

Sindh Chief Minister Syed Murad Ali Shah has said that PML-N had opposed the amendment to the Article 62 (1) (f) of the Constitution when 18th Amendment was being passed but now they are proposing it. He said this talking to the media just after performin
Published 15 Aug, 2017 12:00am
MCC confiscates five kilograms of gold, 24,000 memory cards

MCC confiscates five kilograms of gold, 24,000 memory cards

Model Customs Collectorate (MCC), Preventive on Monday claimed to have confiscated five kilograms of gold and 24 thousand memory cards worth Rs 2.5 million from three passengers at Jinnah International Airport. According to Customs Spokesman Syed Muhammad
Published 15 Aug, 2017 12:00am
JI chief opposes moves against Article 62, 63

JI chief opposes moves against Article 62, 63

Jamaat-e-Islami central Ameer, Sirajul Haq has strongly opposed the abolishment of article 62 and 63 of the constitution, which was tantamount to undermine the country integrity, and its geographical boundaries. He called for 'across-the board' accountabi
Published 15 Aug, 2017 12:00am
Independence Day: Tillerson felicitates Pakistan

Independence Day: Tillerson felicitates Pakistan

US Secretary of State Rex Tillerson called the Foreign Minister Khawaja Muhammad Asif Monday to felicitate on the 70th Independence Day anniversary of Pakistan. He conveyed the best wishes on behalf of the US Government and the American people to the Gove
Published 15 Aug, 2017 12:00am
Kulsoom to hold first meeting with party workers today

Kulsoom to hold first meeting with party workers today

Kulsoom Nawaz will hold the first-ever meeting of party workers from NA-120 today to chalk out a campaign strategy for September 17 by-elections, said party sources. They said former premier Nawaz Sharif may also attend the meeting. Kulsoom will hold this
Published 15 Aug, 2017 12:00am
PPP KP chapter celebrates Independence Day

PPP KP chapter celebrates Independence Day

Pakistan People's Party (PPP) Khyber Pakhtunkhwa chapter celebrated the Independence Day of Pakistan by organizing an impressive ceremony at the residence of the provincial president, Mohammad Hamayun Khan. Besides, the provincial leadership and the party
Published 15 Aug, 2017 12:00am
Musharraf expels Raza Kasuri from APML

Musharraf expels Raza Kasuri from APML

The president All Pakistan Muslim League (APML) General Pervez Musharraf (retd) on Monday expelled senior party leader Ahmad Raza Kasuri, party's chief coordinator, from the party for violating party discipline. APML spokesman Shahzad Satti said that Kasu
Published 15 Aug, 2017 12:00am
5,000 affordable houses: ABAD receives around 50,000 applications

5,000 affordable houses: ABAD receives around 50,000 applications

Association of Builders and Developers of Pakistan (ABAD) has received around 50,000 applications against the announcement to build 5,000 affordable houses during three-day of ABAD expo. According to details, the ABAD has announced to initially build 5000
Published 15 Aug, 2017 12:00am
4th ABAD Expo 2017: Agreements worth Rs 225 billion signed

4th ABAD Expo 2017: Agreements worth Rs 225 billion signed

The construction industry has signed agreements amounting to Rs 225 billion approximately during 4th ABAD Expo 2017. During the concluding day of the exhibition, Mohsin Sheikhani chairman Association of Builders and Developers of Pakistan (ABAD) said that
Published 15 Aug, 2017 12:00am
Ambassador Gilani inaugurates Independence Day ceremony

Ambassador Gilani inaugurates Independence Day ceremony

Ambassador Syed Adil Gilani on Sunday inaugurated the festivities to mark the 70th anniversary of Pakistan's independence in the famous and popular Republic Square of Belgrade. A half kilometer walk was inaugurated by him in which Serbian girls clad in be
Published 15 Aug, 2017 12:00am
SBBWUP celebrates Independence Day

SBBWUP celebrates Independence Day

Shaheed Benazir Bhutto Women University Peshawar (SBBWUP) marked 70th Independence Day at main campus. The spirit of Independence Day was celebrated with zeal and fervour. The event started with the flag hoisting ceremony. Professor Dr Razia Sultana, Vice
Published 15 Aug, 2017 12:00am
Strict measures put in place to deal with one-wheelers

Strict measures put in place to deal with one-wheelers

The Punjab police on Monday made tight security arrangements by erecting several pickets in the provincial metropolis in order to maintain peaceful atmosphere besides nabbing youngsters involved in one-wheeling during celebration of the Independence Day.
Published 15 Aug, 2017 12:00am
Nation celebrates Independence Day with national zeal

Nation celebrates Independence Day with national zeal

The nation on Monday celebrated the 70th Independence Day with national zeal and solemnity across the country. The day began with special prayers in the mosques for unity, solidarity and prosperity of the country. An impressive change of the guards ceremo
Published 15 Aug, 2017 12:00am
Cotton hits over three-week low on bulk crop fears
Cotton

Cotton hits over three-week low on bulk crop fears

ICE cotton fell to a more than three-week low on Monday on expectations of higher production in the United States and as the dollar strengthened. Cotton contracts for December settled down 0.5 cent, or 0.73 percent, at 67.75 cents per lb. They traded in a
Published 15 Aug, 2017 12:00am
Shanghai copper slips
Exchange

Shanghai copper slips

Shanghai Futures Exchange copper ended down 0.2 percent on Monday as analysts flagged prospects of a correction given strong price gains over the past month and disappointing factory activity from China. Shfe aluminium stocks which have been climbing all
Published 15 Aug, 2017 12:00am
Aluminium succumbs to profit-taking, copper down
Exchange

Aluminium succumbs to profit-taking, copper down

Aluminium fell on Monday as traders booked profits after prices soared to a 2-1/2 year high on Friday and factory data from top producer China fell short of market expectations. Benchmark aluminium on the London Metal Exchange ended 0.9 percent lower at $
Published 15 Aug, 2017 12:00am
US shale output to rise again in September, EIA changes regions

US shale output to rise again in September, EIA changes regions

US shale oil production for September which includes a new regional data input, is forecast to rise by 117,000 barrels per day to 6.15 million bpd, the US Energy Information Administration said on Monday. The total forecast figure has now expanded to incl
Published 15 Aug, 2017 12:00am
Oil prices fall 2.5 percent on strong dollar, weak China data

Oil prices fall 2.5 percent on strong dollar, weak China data

Oil prices tumbled more than 2.5 percent on Monday in volatile trade, as dollar strength and weak domestic demand data in China hammered prices that had received a short-lived boost on concerns about potential reductions in crude supply from Libya. Global
Published 15 Aug, 2017 12:00am
Rubber slides
Exchange

Rubber slides

Benchmark Tokyo rubber futures on Monday slipped from a two-week peak hit last week, while softer Shanghai futures prompted selling as trading resumed after a long holiday weekend in Japan. The Tokyo Commodity Exchange (TOCOM) rubber contract for January
Published 15 Aug, 2017 12:00am
Brazil produces record amount of sugar in the second half of July

Brazil produces record amount of sugar in the second half of July

Brazil's center-south region produced 3.41 million tonnes of sugar in the second half of July, the most for a 15-day period, as very dry weather allowed mills to work around the clock in the world's largest cane belt. Sugar production in the period surpas
Published 15 Aug, 2017 12:00am
Malaysian palm oil falls
Vegetable Oil

Malaysian palm oil falls

Malaysian palm oil futures fell on Monday for the first time in five sessions as sentiment took a hit from India's plans to raise import taxes on crude and refined edible oils. India, the world's largest buyer of vegetable oils, doubled the import tax on
Published 15 Aug, 2017 12:00am
Cocoa, coffee drop; sugar moves higher

Cocoa, coffee drop; sugar moves higher

Cocoa futures dipped to a one-month low on Monday, pressured by broad commodity weakness and a firmer dollar. Coffee prices also slipped, while sugar closed up. The most-active December New York cocoa contract settled down $57, or 2.9 percent, at $1,920 p
Published 15 Aug, 2017 12:00am
Gold slips in Asia
Exchange

Gold slips in Asia

Gold fell on Monday as the dollar inched up from last week's lows, but held near two-month highs touched on Friday as investors kept a close watch on any developments on tensions over the Korean peninsula. Spot gold was down 0.2 percent at $1,286.39 per o
Published 15 Aug, 2017 12:00am
Gold drops in Europe as North Korea tensions ease

Gold drops in Europe as North Korea tensions ease

Gold dropped by half a percent on Monday, retreating from last week's two-month highs under pressure from a strengthening dollar and a slight easing of tensions between the United States and North Korea. Though North Korea's Liberation Day celebration on
Published 15 Aug, 2017 12:00am
Wheat, soya extend losses

Wheat, soya extend losses

US grain and soya futures fell further on Monday as technical selling and outlooks for favorable crop weather continued to pressure prices following steep declines last week. MGEX spring wheat futures plummeted by about 4 percent, with the September contr
Published 15 Aug, 2017 12:00am
US MIDDAY: gold falls

US MIDDAY: gold falls

Gold prices fell by half a percent on Monday, retreating from last week's two-month highs, as dollar strength and the easing of tensions between the United States and North Korea pushed prices lower. Though North Korea's Liberation Day celebration on Tues
Published 15 Aug, 2017 12:00am
'We have to save the country from unrest and crises'

'We have to save the country from unrest and crises'

The last quarter of last year deserves attention for one to fully appreciate the current political situation in the country. Pakistan Tehreek-e-Insaf Chairman Imran Khan had backed down from a threat to paralyse the capital, although he lacked required po
Published 15 Aug, 2017 12:00am
Voters sense betrayal in Britain's Brexit heartlands

Voters sense betrayal in Britain's Brexit heartlands

There is a whiff of betrayal in the air across Britain's Brexit heartlands where many impatient voters fear Prime Minister Theresa May is going soft on implementing last year's decision to leave the European Union. May's gamble in calling a snap election
Published 15 Aug, 2017 12:00am
70, and counting...

70, and counting...

Watching the usual proliferation of flags, buntings and young people out in cars and on motorbikes to celebrate Pakistan's Independence Day, with special importance this year because the country has completed 70 years in its journey, one hesitates to damp
Published 15 Aug, 2017 12:00am
Income tax: some key facts

Income tax: some key facts

The key facts and figures on the income tax system of Pakistan are presented below. These facts will be useful in launching a nationwide campaign for raising more revenues and in identifying the major reforms. Pakistan has a relatively low income tax-to-G
Published 15 Aug, 2017 12:00am
For the record

For the record

Addressing his supporters at various points on his way back home via the GT Road, ousted prime minister Nawaz Sharif has been complaining of being meted out unfair treatment, pointing an accusatory finger at the judiciary and, indirectly, at the military.
Published 15 Aug, 2017 12:00am
Huge trade deficit: no solution in sight?

Huge trade deficit: no solution in sight?

Pakistan's trade deficit increased in July 2017 by an extremely disturbing 55.46 percent compared to July 2016, according to data released by the Pakistan Bureau of Statistics (PBS). Compared to June 2017 data July data revealed that exports continued the
Published 15 Aug, 2017 12:00am
Malaysian princess marries Dutchman in lavish ceremony

Malaysian princess marries Dutchman in lavish ceremony

The daughter of one of Malaysia's most powerful sultans married her Dutch fiance Monday in a tradition-filled ceremony during a day of lavish celebrations witnessed by crowds of excited well-wishers. Princess Tunku Tun Aminah Sultan Ibrahim, 31, the only
Published 15 Aug, 2017 12:00am
Malaysian princess marries Dutchman in lavish ceremony

Malaysian princess marries Dutchman in lavish ceremony

The daughter of one of Malaysia's most powerful sultans married her Dutch fiance Monday in a tradition-filled ceremony during a day of lavish celebrations witnessed by crowds of excited well-wishers. Princess Tunku Tun Aminah Sultan Ibrahim, 31, the only
Published 15 Aug, 2017 12:00am
SBP governor asks banks to lend more to SMEs

SBP governor asks banks to lend more to SMEs

State Bank of Pakistan (SBP) Governor Tariq Bajwa Monday asked banks to focus on more financing to Small and Medium Enterprises (SMEs) for higher GDP growth. Addressing a flag hoisting ceremony at SBP Karachi Headquarters on independence day Monday, Bajwa
Published 15 Aug, 2017 12:00am
SBP governor asks banks to lend more to SMEs

SBP governor asks banks to lend more to SMEs

State Bank of Pakistan (SBP) Governor Tariq Bajwa Monday asked banks to focus on more financing to Small and Medium Enterprises (SMEs) for higher GDP growth. Addressing a flag hoisting ceremony at SBP Karachi Headquarters on independence day Monday, Bajwa
Published 15 Aug, 2017 12:00am
SBP governor asks banks to lend more to SMEs

SBP governor asks banks to lend more to SMEs

State Bank of Pakistan (SBP) Governor Tariq Bajwa Monday asked banks to focus on more financing to Small and Medium Enterprises (SMEs) for higher GDP growth. Addressing a flag hoisting ceremony at SBP Karachi Headquarters on independence day Monday, Bajwa
Published 15 Aug, 2017 12:00am
Commonwealth Bank boss to retire amid laundering claims
Exchange

Commonwealth Bank boss to retire amid laundering claims

The chief executive of Australia''s biggest bank, the Commonwealth, will retire, the company said Monday, amid pressure from regulators over alleged breaches of laws on money laundering and terrorism financing. The bank''s chairwoman Catherine Livingstone
Published 15 Aug, 2017 12:00am
Commonwealth Bank boss to retire amid laundering claims
Exchange

Commonwealth Bank boss to retire amid laundering claims

The chief executive of Australia's biggest bank, the Commonwealth, will retire, the company said Monday, amid pressure from regulators over alleged breaches of laws on money laundering and terrorism financing. The bank's chairwoman Catherine Livingstone s
Published 15 Aug, 2017 12:00am
Commonwealth Bank boss to retire amid laundering claims
Exchange

Commonwealth Bank boss to retire amid laundering claims

The chief executive of Australia's biggest bank, the Commonwealth, will retire, the company said Monday, amid pressure from regulators over alleged breaches of laws on money laundering and terrorism financing. The bank's chairwoman Catherine Livingstone s
Published 15 Aug, 2017 12:00am
Indians hack government websites

Indians hack government websites

Indian hackers hacked various official websites of the government departments on the occasion of Pakistan''s Independence Day, Aaj News reported on Monday. The official websites of the ministries of Defence, Information, Defence Production, Law, Inter- Pr
Published 15 Aug, 2017 12:00am
Indians hack government websites

Indians hack government websites

Indian hackers hacked various official websites of the government departments on the occasion of Pakistan's Independence Day, Aaj News reported on Monday. The official websites of the ministries of Defence, Information, Defence Production, Law, Inter- Pro
Published 15 Aug, 2017 12:00am
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