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Nov 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-09-06
Asian coffee markets quiet on scarce supply

Asian coffee markets quiet on scarce supply

Markets in major Asian coffee producers were quiet as supply weakened in both Vietnam and Indonesia, while prices fell in the London futures market, traders said on Thursday. Trading in Indonesia was also slow due to the long weekend for Eid-ul-Azha celeb
Published 06 Sep, 2017 12:00am
Subdued EU wheat market weighs slow farmer sales

Subdued EU wheat market weighs slow farmer sales

Benchmark European wheat futures were little changed on Monday as traders weighed slow farmer selling after recent price lows against stiff export competition from a bumper Russian harvest. Activity was subdued in a session marked by a holiday closure on
Published 06 Sep, 2017 12:00am
Activities at Karachi & Qasim Ports

Activities at Karachi & Qasim Ports

The Karachi Port handled 291,047 tonnes of cargo comprising 234,883 tonnes of import cargo and 56,164 tonnes of export cargo including 5,981 loaded and empty containers during the last 48 hours ending at 0700 hours on Tuesday. The total import cargo of 23
Published 06 Sep, 2017 12:00am
Cotton market: lacklustre business on post-holiday session
Cotton

Cotton market: lacklustre business on post-holiday session

Listless business was seen on the cotton market on Tuesday in process of post Eid-holiday session, dealers said. The official spot rate was unchanged at Rs 5900, they said. In the ready session, as a result of less interest, not a single deal finalised, t
Published 06 Sep, 2017 12:00am
Rice prices drop in major exporters on weak demand

Rice prices drop in major exporters on weak demand

Rice prices dropped this week in Thailand, Vietnam and India due to weak demand for the staple, traders said on Thursday. Thai benchmark 5-percent broken rice was quoted at $370-$375 a tonne, free-on-board (FOB) Bangkok, down from $375-$377 a tonne last w
Published 06 Sep, 2017 12:00am
ECB replaces North Korea in eurozone bond market spotlight

ECB replaces North Korea in eurozone bond market spotlight

Eurozone government bond yields dipped on Tuesday as attention shifted from tensions over North Korea to an approaching European Central Bank meeting that could shed light on the timing for an unwinding of massive monetary stimulus. The latest worries ove
Published 06 Sep, 2017 12:00am
ECB replaces North Korea in eurozone bond market spotlight

ECB replaces North Korea in eurozone bond market spotlight

Eurozone government bond yields dipped on Tuesday as attention shifted from tensions over North Korea to an approaching European Central Bank meeting that could shed light on the timing for an unwinding of massive monetary stimulus. The latest worries ove
Published 06 Sep, 2017 12:00am
Kuwait outperforms on FTSE hopes, Dana keeps rising in UAE

Kuwait outperforms on FTSE hopes, Dana keeps rising in UAE

Kuwait's stock market outperformed on Tuesday as it reopened after Eid-ul-Azha holidays, while Abu Dhabi-listed Dana Gas continued surging on the back of a deal to obtain payments from Iraqi Kurdistan. The Kuwaiti index climbed 0.4 percent. Many investors
Published 06 Sep, 2017 12:00am
Nikkei falls to one-week lows

Nikkei falls to one-week lows

Japan's Nikkei share average brushed one-week lows in choppy trade on Tuesday as tensions on the Korean peninsula sapped risk appetite. The Nikkei shed 0.6 percent to end at 19,385.81 after initially opening slightly higher. It fell as low as 19,354.59, i
Published 06 Sep, 2017 12:00am
Hong Kong stocks flat

Hong Kong stocks flat

Hong Kong shares finished unchanged on Tuesday, with investors remaining in a defensive mood on persistent concerns over North Korea. South Korean officials believe more provocation from the reclusive state is possible, despite international outrage over
Published 06 Sep, 2017 12:00am
Most Southeast Asian stocks recover; Singapore outperforms

Most Southeast Asian stocks recover; Singapore outperforms

Most Southeast Asian stock markets recovered from early fall to close higher on Tuesday as investors started looking beyond the North Korea issues. Singapore shares led the gains in the region with a rise of 0.6 percent. Financials accounted for most of t
Published 06 Sep, 2017 12:00am
China stocks up

China stocks up

Chinese shares inched higher for the third session to fresh 20-month highs, apparently unfazed by tensions over North Korea, and bolstered by expectations economic growth will largely remain solid through year-end despite tighter policy. Investors are als
Published 06 Sep, 2017 12:00am
Italy stock exchange plans 'Made in Italy' index
Exchange

Italy stock exchange plans 'Made in Italy' index

The Italian stock exchange plans to set up a dedicated index of "Made in Italy" companies to boost interest in Italian brands such as Ferrari and Campari, the head of the exchange said on Tuesday. Speaking at an event at the Milan bourse, CEO Raffaele Jer
Published 06 Sep, 2017 12:00am
Financials drag European shares lower as ECB meeting nears

Financials drag European shares lower as ECB meeting nears

European shares inched lower on Tuesday dragged down by losses in the heavyweight financial sector as worries over North Korea persisted and caution grew before a European Central Bank policy meeting later in the week. The pan-European STOXX 600 index fel
Published 06 Sep, 2017 12:00am
Indian shares soar

Indian shares soar

Indian shares rebounded on Tuesday to end higher, led by financials such as Housing Development Finance Corp, but broader sentiment was cautious amid lingering concerns about the escalating North Korea crisis. The broader NSE index ended 0.4 percent highe
Published 06 Sep, 2017 12:00am
Australian shares up; New Zealand down

Australian shares up; New Zealand down

Australian shares ended marginally higher on Tuesday as strong commodity prices pushed up material stocks higher while financial stocks erased early losses. The S&P/ASX 200 index closed 0.1 percent, or 4.19 points, higher at 5,706.20. The benchmark fell 0
Published 06 Sep, 2017 12:00am
FTSE slips but Aveva deal boosts mid caps

FTSE slips but Aveva deal boosts mid caps

Britain's top share index slipped on Tuesday as financials fell amid lingering jitters over the North Korean crisis. While investors were in no mood for a sell-off, caution was still very much present. "It is strictly impossible to know what could happen
Published 06 Sep, 2017 12:00am
Uzbekistan currency crashes as curbs lifted
Exchange

Uzbekistan currency crashes as curbs lifted

Uzbekistan's currency fell by nearly 50 percent Tuesday after the government scrapped most restrictions on foreign currency operations in an effort to tempt international investors after two decades of isolation. President Shavkat Mirziyoyev, who came to
Published 06 Sep, 2017 12:00am
Dollar slips against yen, franc in Asia

Dollar slips against yen, franc in Asia

The dollar slipped against the Japanese yen and Swiss franc on Tuesday as global tensions simmered amid signs that North Korea could conduct more missile tests. The US currency was down 0.4 percent at 109.335 yen, nearing a low of 109.220 hit the previous
Published 06 Sep, 2017 12:00am
Euro drifts in Europe before ECB meeting, outlook remains bullish

Euro drifts in Europe before ECB meeting, outlook remains bullish

The euro drifted in a narrow range on Tuesday as simmering geopolitical tensions put investors off adding big bets before a European Central Bank meeting this week when policymakers might voice some concerns about the single currency's strength. While ECB
Published 06 Sep, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Inter-bank buy/sell rates for the taka against the dollar on Tuesday. 80.70-80.70 (previous 80.70-80.70).
Published 06 Sep, 2017 12:00am
Most Asian currencies tick up; yuan slips

Most Asian currencies tick up; yuan slips

Most Asian currencies edged up on Tuesday as a bit of appetite for risk returned one day after trading volumes were slashed by North Korea's most powerful bomb test. "Beyond the initial dips in risk assets and bids in safe havens early Monday, market sent
Published 06 Sep, 2017 12:00am
Sterling surges above $1.30 to three-week high

Sterling surges above $1.30 to three-week high

Britain's pound jumped back above $1.30 for the first time in more than three weeks on Tuesday ahead of a parliamentary debate over the Prime Minister Theresa May's European Union repeal bill. May warned lawmakers over the weekend that Britain could be fa
Published 06 Sep, 2017 12:00am
Aussie up, kiwi steadies

Aussie up, kiwi steadies

The Australian dollar edged towards one-month highs on Tuesday after upbeat data on exports and government spending bolstered views the country's economy rebounded smartly in the second quarter. The Australian dollar was hovering around $0.7960, up from M
Published 06 Sep, 2017 12:00am
Australia scramble vital win over Thailand

Australia scramble vital win over Thailand

Australia beat Thailand 2-1 in their final World Cup qualifying group game on Tuesday, but they faced a nervy wait to see if it will be enough to book their ticket to Russia 2018. The Socceroos were searching for a big win to put pressure on their Group B
Published 06 Sep, 2017 12:00am
China out of World Cup

China out of World Cup

China's faint hopes of qualifying for next year's World Cup finals in Russia finally ended on Tuesday, despite securing the victory they needed in Qatar. Syria's draw in Iran and Uzbekistan's draw with South Korea meant that two late goals to secure a 2-1
Published 06 Sep, 2017 12:00am
Iraq snuff out UAE's World Cup hopes

Iraq snuff out UAE's World Cup hopes

Ayman Hussein's first-half header gave Iraq a 1-0 victory over United Arab Emirates on Tuesday, ending their slim hopes of reaching next year's World Cup in Russia. The Emiratis needed to win by a convincing margin to have any chance of a play-off spot, b
Published 06 Sep, 2017 12:00am
PCB appoints 'Titans' as autographed memorabilia partner

PCB appoints 'Titans' as autographed memorabilia partner

Pakistan Cricket Board (PCB) has appointed 'Titans Autographs and Memorabilia' as its official memorabilia partner. Through this initiative, Titans will hold exclusive rights to handle and arrange sales of memorabilia items bearing original autographs fro
Published 06 Sep, 2017 12:00am
Germany thrash Norway, England survive Slovakia scare

Germany thrash Norway, England survive Slovakia scare

Germany fired six past Norway while England fought back after an early scare to beat Slovakia in European World Cup qualifying on Monday. Timo Werner scored a double in Germany's 6-0 rout of the Norwegians in Stuttgart to leave Joachim Loew's world champi
Published 06 Sep, 2017 12:00am
Dates for England Test series announced

Dates for England Test series announced

The English Cricket Board (ECB) has announced the dates for Pakistan cricket team's short tour in May 2018, where the visitors will play two Tests against England. The first Test will be played at Lord's stadium from May 24 to 28, while the second test wi
Published 06 Sep, 2017 12:00am
Warner, Handscomb led Australia's strong reply

Warner, Handscomb led Australia's strong reply

An unbeaten century stand between David Warner and Peter Handscomb led Australia's strong reply against Bangladesh on day two of the second and final Test in Chittagong on Tuesday. The visitors were 225-2 at stumps in their first innings, trailing by 80 r
Published 06 Sep, 2017 12:00am
Del Potro sets up Federer showdown

Del Potro sets up Federer showdown

Juan Martin del Potro shrugged off sickness to save two match points and defeat Dominic Thiem in a five-set US Open epic on Monday to book a quarter-final showdown with five-time champion Roger Federer. Argentina 24th seed Del Potro claimed a heroic 1-6,
Published 06 Sep, 2017 12:00am
Nadal hits 50 at US Open as Rublev, Kanepi grab spotlight

Nadal hits 50 at US Open as Rublev, Kanepi grab spotlight

Rafael Nadal notched up his 50th win at the US Open to reach the quarter-finals for the seventh time Monday as teen sensation Andrey Rublev and comeback queen Kaia Kanepi muscled into the spotlight. World number one Nadal, who could meet old rival Roger F
Published 06 Sep, 2017 12:00am
Europe rights court backs employee fired over private messages
Exchange

Europe rights court backs employee fired over private messages

Europe's top rights court on Tuesday restricted the ability of employers to snoop on the private messages of their employees, in a landmark ruling with wide ramifications for privacy in the workplace. The highest body of the European Court of Human Rights
Published 06 Sep, 2017 12:00am
Turkey to send 1,000 tonnes of aid

Turkey to send 1,000 tonnes of aid

Turkey will send 1,000 tonnes of aid to Myanmar to help Rohingya Muslims after President Recep Tayyip Erdogan spoke with the Asian country's civilian leader Aung San Suu Kyi, a spokesman said. Erdogan had condemned escalating human rights violations again
Published 06 Sep, 2017 12:00am
Crisis looms as nearly 125,000 refugees flood into Bangladesh

Crisis looms as nearly 125,000 refugees flood into Bangladesh

Nearly 125,000 mostly Rohingya refugees have entered Bangladesh since a fresh upsurge of violence in Myanmar on August 25, the United Nations said on Tuesday, as fears grow of a humanitarian crisis in the overstretched camps. The UN said 123,600 had cross
Published 06 Sep, 2017 12:00am
New UN body marks 'step closer' to justice for Syria victims

New UN body marks 'step closer' to justice for Syria victims

The world has taken "a step closer" towards justice for alleged war crimes committed in Syria, the judge leading the new United Nations effort to investigate the conflict said Tuesday. Catherine Marchi-Uhel of France is in charge of the body known as the
Published 06 Sep, 2017 12:00am
Syria army breaks years-long IS siege on Deir Ezzor

Syria army breaks years-long IS siege on Deir Ezzor

Syria's army broke a years-long Islamic State group siege on the government enclave of Deir Ezzor city on Tuesday as it battles to expel the jihadists from a key stronghold. The jihadist group has already lost more than half of its nearby bastion of Raqa
Published 06 Sep, 2017 12:00am
New US commander takes control of anti-IS coalition

New US commander takes control of anti-IS coalition

The US-led coalition fighting the Islamic State group in Iraq and Syria swore in a new commanding general Tuesday, with the fight against the jihadists now in its fourth year. Lieutenant General Paul Funk assumed command of the Operation Inherent Resolve
Published 06 Sep, 2017 12:00am
Costa Rican dies, Americans hurt in small plane crash

Costa Rican dies, Americans hurt in small plane crash

A Costa Rican woman died and five other people - two Americans and three other Costa Ricans - were injured when a small plane crashed in Costa Rica on Tuesday, officials said. The light aircraft was heading from the capital San Jose to the northwestern to
Published 06 Sep, 2017 12:00am
Moldovan president blocks sending troops to US drills in Ukraine

Moldovan president blocks sending troops to US drills in Ukraine

The president of Moldova on Tuesday said he had cancelled the participation of a small group of Moldovan soldiers in an upcoming US Army Europe exercise, in a symbolic move underscoring the political split in the ex-Soviet state. Kremlin-friendly Presiden
Published 06 Sep, 2017 12:00am
Kate wins damages over topless photos

Kate wins damages over topless photos

A French court ruled Tuesday that a French celebrity magazine must pay 100,000 euros in damages to Britain's Prince William and his wife Kate over topless photos of the duchess published in 2012. The court also ordered Closer magazine's editor Laurence Pi
Published 06 Sep, 2017 12:00am
Two Red Cross staff abducted in Afghanistan released: ICRC

Two Red Cross staff abducted in Afghanistan released: ICRC

Two Red Cross workers were freed in Afghanistan Tuesday, seven months after they were abducted during an attack on their convoy that killed six colleagues, the international charity said. The Afghan aid workers came under fire in the northern province of
Published 06 Sep, 2017 12:00am
France to start using armed drones

France to start using armed drones

France unveiled plans on Tuesday to start using armed drones, joining a growing number of countries worldwide to operate the deadly unmanned aircraft. "I decided to begin the process of arming our intelligence and surveillance drones," Defence Minister Fl
Published 06 Sep, 2017 12:00am
Russia urges against 'emotions' over North Korea

Russia urges against 'emotions' over North Korea

Russian Foreign Minister Sergei Lavrov on Tuesday spoke out against "giving in to emotions" amid tensions over North Korea's nuclear programme, in phone talks with his US counterpart, Moscow said. Lavrov "noted that a choice should be made in favour of po
Published 06 Sep, 2017 12:00am
North Korea nuclear test more powerful than estimated: Japan

North Korea nuclear test more powerful than estimated: Japan

Japan's defence minister on Tuesday said North Korea's latest nuclear test was more powerful than initially estimated, with a yield that was around eight times the size of the bomb detonated over Hiroshima. North Korea on Sunday triggered global alarm whe
Published 06 Sep, 2017 12:00am
North Korea vows more 'gift packages' for US in nuclear row

North Korea vows more 'gift packages' for US in nuclear row

North Korea's UN envoy vowed Tuesday to send "more gift packages" to the United States which has led international condemnation of what Pyongyang called a successful hydrogen bomb test. The pledge from North Korea's envoy to the United Nations in Geneva,
Published 06 Sep, 2017 12:00am
Cotton hits near four-month highs on Hurricane Irma concerns
Cotton

Cotton hits near four-month highs on Hurricane Irma concerns

ICE cotton futures briefly traded limit-up on Tuesday and hit near four-month highs on concerns of potential damage to the natural fibre crop in the United States following the strengthening of Hurricane Irma. Cotton contracts for December rose 2.85 cent,
Published 06 Sep, 2017 12:00am
Shanghai copper soars
Exchange

Shanghai copper soars

The most-traded copper contract on the Shanghai Futures Exchange rose 1.3 percent to 53,610 yuan ($8,205) a tonne on Tuesday on expectations of further signs of a healthy economic outlook for China. Nickel also found support just shy of Monday's 14-month
Published 06 Sep, 2017 12:00am
Speculative buying lifts copper to three-year high
Exchange

Speculative buying lifts copper to three-year high

Copper touched a three-year high on Tuesday but closed lower after weak US factory orders prompted a pullback across industrial metals. Copper, aluminium, nickel and zinc are trading near multi-year highs after strong Chinese demand, a weaker dollar and s
Published 06 Sep, 2017 12:00am
Crude prices rebound, gasoline slides as US refineries restart

Crude prices rebound, gasoline slides as US refineries restart

Crude oil prices rose and gasoline fell by about 3 percent on Tuesday as the gradual restart of refineries in the US Gulf that were shut by Hurricane Harvey raised demand for crude and eased fears of a fuel supply crunch. Texas was edging towards recovery
Published 06 Sep, 2017 12:00am
Tokyo rubber hits over three-month high
Exchange

Tokyo rubber hits over three-month high

Benchmark Tokyo rubber futures hit a more than three-month high on Tuesday as Shanghai futures extended gains to touch their highest in over five months, while a rally in industrial metals helped boost investor risk appetite, dealers said. The Tokyo Commo
Published 06 Sep, 2017 12:00am
Malaysian palm oil snaps four-day decline
Vegetable Oil

Malaysian palm oil snaps four-day decline

Malaysian palm oil futures snapped four days of losses on Tuesday, tracking gains in rival edible oils on the Chicago Board of Trade (CBOT) and China's Dalian Commodity Exchange. By Tuesday's close, the benchmark palm oil contract for November delivery on
Published 06 Sep, 2017 12:00am
Raw sugar rises on Indian demand; robusta coffee tumbles

Raw sugar rises on Indian demand; robusta coffee tumbles

Raw sugar on ICE Futures US rose on Tuesday on news that top consumer India will soon allow 300,000 tonnes of imports into the country. Robusta coffee slipped to a more than three-month low, pressured by speculative selling and easing expectations of a su
Published 06 Sep, 2017 12:00am
Gold edges up in Asia

Gold edges up in Asia

Gold prices edged up on Tuesday, hovering around their highest levels in nearly a year, as North Korea's most powerful nuclear test to date underpinned haven demand for the precious metal. Spot gold was up 0.1 percent at $1,335.36 per ounce as of 0700 GMT
Published 06 Sep, 2017 12:00am
US MIDDAY: soya climbs

US MIDDAY: soya climbs

US soyabean futures hit a 3-1/2 week high on Tuesday on a mix of technical buying and forecasts for dry weather in the Midwest that could threaten late-season yield prospects, analysts said. Corn and wheat futures followed the higher trend. As of 12:46 pm
Published 06 Sep, 2017 12:00am
US MIDDAY: gold jumps to one-year high
Exchange

US MIDDAY: gold jumps to one-year high

Gold prices climbed to a one-year high on Tuesday as the US dollar eased and safe-haven buying demand remained robust due to continued concerns over North Korea's nuclear tests. Wall Street stocks fell as US trading reopened for the first time since North
Published 06 Sep, 2017 12:00am
Nation united to meet challenges, foil conspiracies: Ayaz Sadiq

Nation united to meet challenges, foil conspiracies: Ayaz Sadiq

National Assembly Speaker Sardar Ayaz Sadiq Tuesday said the whole nation stands united alongside defence forces to thwart nefarious designs of our enemies and foil conspiracies to destabilize Pakistan. "Today Pakistan is confronted with multiple security
Published 06 Sep, 2017 12:00am
ISPR releases new promo on Defence Day

ISPR releases new promo on Defence Day

The Inter-Services Public Relations (ISPR) has on Tuesday released new promo for September 6 Defence Day. Tu Salamat Watan Taa Kiamat Watan (Long Live my Motherland till the Day of Judgment) is the theme of this new song. The new promo also includes a spe
Published 06 Sep, 2017 12:00am
Over 2.35 millions perform Hajj with peace, unity

Over 2.35 millions perform Hajj with peace, unity

More than 2.35 million pilgrims have completed Hajj this year, fulfilling their religious duty in peace and unity at the holiest city, Makkah. Saudi Arabia welcomed the world to the five-day pilgrimage, one of the five pillars of Islam, with pilgrims from
Published 06 Sep, 2017 12:00am
Pakistan Tobacco Company
Mutual Funds

Pakistan Tobacco Company

A multinational almost as old as Pakistan, the Pakistan Tobacco Company (PSX: PAKT) is the leading cigarette maker in Pakistan. An affiliate of the British American Tobacco Company, PAKT is a successor to the Imperial Tobacco Company of British India, whi
Published 06 Sep, 2017 12:00am
Pakistan Tobacco Company
Mutual Funds

Pakistan Tobacco Company

A multinational almost as old as Pakistan, the Pakistan Tobacco Company (PSX: PAKT) is the leading cigarette maker in Pakistan. An affiliate of the British American Tobacco Company, PAKT is a successor to the Imperial Tobacco Company of British India, whi
Published 06 Sep, 2017 12:00am
Moody's affirms B1 corporate family rating of Jazz

Moody's affirms B1 corporate family rating of Jazz

Moody's Investors Service has affirmed the B1 corporate family rating of Pakistan Mobile Communications Limited (Jazz). Moody's in its latest report "Rating Action" says the rating outlook remains stable. The rating action follows Jazz's announced sale of
Published 06 Sep, 2017 12:00am
17 tribesmen kidnapped in Khyber Agency

17 tribesmen kidnapped in Khyber Agency

At least 17 local tribesmen were kidnapped by unknown militants on gun point from mountainous area of Enzar Naw, Tehsil Landi Kotal of Khyber Agency. The affected families said on Tuesday that a group of tribal people mostly of youth went to picnic to mou
Published 06 Sep, 2017 12:00am
Nazim & Naib-Nazim: no-confidence voting to take place in Swabi today

Nazim & Naib-Nazim: no-confidence voting to take place in Swabi today

Voting on the tabled no-confidence against tehsil Swabi nazim and naib-nazim would take place on Wednesday. While, Jamat-i-Islami leaders who had revolted against its own nazim said that it would be last days of the government and they were poised to form
Published 06 Sep, 2017 12:00am
SECP's guidelines for securities brokers issued
Exchange

SECP's guidelines for securities brokers issued

The Securities and Exchange Commission of Pakistan (SECP) has directed the securities brokers not to deal in securities on account of their customers without instructions of such customers. The SECP's guidelines for internal control system and compliance
Published 06 Sep, 2017 12:00am
Khattak agrees to upgrade different cadres of government employees

Khattak agrees to upgrade different cadres of government employees

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has in principle agreed to the overall up-gradation of different cadres of all government servants in different public sector entities and regularization of all employees recruited through NTS and such othe
Published 06 Sep, 2017 12:00am
Around Rs 300 billion spent on sacrificial animals across the country

Around Rs 300 billion spent on sacrificial animals across the country

Over 7 million animals were sacrificed across the country on Eid-ul-Azha which created an economic activity of around Rs 300 billion. According to Pakistan Tanners Association (PTA) an estimated 4 million goats, 2.5 million bulls/cows, 0.5 million sheep a
Published 06 Sep, 2017 12:00am
Danish submarine builder says falling hatch door killed journalist

Danish submarine builder says falling hatch door killed journalist

A Danish inventor accused of killing a journalist aboard his homemade submarine said Tuesday that she died when a hatch door fell on her head, but prosecutors insisted he murdered her. Wearing army fatigues, black Converse sneakers, and a blank expression
Published 06 Sep, 2017 12:00am
Putin wants force sent to 'ensure safety' of Ukraine monitors

Putin wants force sent to 'ensure safety' of Ukraine monitors

Russian President Vladimir Putin on Tuesday supported deploying an international force to eastern Ukraine to help protect monitors observing the conflict, but Kiev poured cold water on his plan. "I consider the presence of peacekeepers - one could call th
Published 06 Sep, 2017 12:00am
Brazil police launch raids in Rio Olympics vote buying scheme

Brazil police launch raids in Rio Olympics vote buying scheme

Rio de Janeiro police launched raids Tuesday against "an international corruption scheme" accused of bribing the IOC to vote for the city's bid to host last year's Olympic Games. Brazilian law enforcement officials were conducting searches to probe "the b
Published 06 Sep, 2017 12:00am
Gangs may be laundering billions via EU banks: Europol
Exchange

Gangs may be laundering billions via EU banks: Europol

Europe's police agency unveiled Tuesday a bleak report showing organised crime gangs and terror groups may be laundering billions of euros a year unchecked, despite banks trying to raise the alarm. Banks and other private financial institutions reported j
Published 06 Sep, 2017 12:00am
UN sets up Mali sanctions regime to shore up peace deal

UN sets up Mali sanctions regime to shore up peace deal

The UN Security Council on Tuesday agreed to set up a sanctions regime for Mali to punish those who obstruct a 2015 peace deal as fears grow that the West African country is sliding back into turmoil. The council voted unanimously to back a resolution put
Published 06 Sep, 2017 12:00am
Egypt, US armies set to resume joint exercise

Egypt, US armies set to resume joint exercise

Egypt's military will host a biennial exercise with the US army next week for the first time since 2009, it said in a statement on Tuesday. The Bright Star exercise, scheduled every two years since 1981, will take place this year from September 10 to 20,
Published 06 Sep, 2017 12:00am
'America's importance for Pakistan fading fast'

'America's importance for Pakistan fading fast'

America's importance for Pakistan is fading fast, as seen by the aftermath of US President Donald Trump's scathing speech last month singling out Pakistan for giving safe haven to what he called "agents of chaos, violence, and terror", writes Kamal Alam,
Published 06 Sep, 2017 12:00am
Elahi slams Rohingya Muslims' genocide

Elahi slams Rohingya Muslims' genocide

Pakistan Muslim League-Q (PML-Q) senior leader Chaudhry Parvez Elahi has strongly condemned Rohingya Muslims massacre in Burma and silence of the international community including Pakistan over this genocide. While talking to his party leaders and workers
Published 06 Sep, 2017 12:00am
KPEZDMC offers voluntarily GHS to staff of defunct SDA

KPEZDMC offers voluntarily GHS to staff of defunct SDA

Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) had offered Voluntarily Golden Handshake (GHS) to the staff of the defunct Sarhad Development Authority (SDA) in pursuance of the decision of the provincial government. The com
Published 06 Sep, 2017 12:00am
Can liability of a tax-evader be slashed drastically?

Can liability of a tax-evader be slashed drastically?

Regional Tax Office (RTO) Rawalpindi has unearthed a major case of tax evasion of Rs 4.1billion committed by a leading cosmetic manufacture, but the RTO and the company reportedly reached an agreement to pay only Rs 100 million and that too in installment
Published 06 Sep, 2017 12:00am
First picking of cotton starts in Punjab
Cotton

First picking of cotton starts in Punjab

The first picking of cotton crop has started in different areas of the Punjab province while officers of the provincial agricultural department are also carrying out pest scouting in the fields to avoid any serious pest attack. Spokesman of the department
Published 06 Sep, 2017 12:00am
Government okays Rs 75 million certification incentive programme

Government okays Rs 75 million certification incentive programme

Government of Pakistan has approved Certification Incentive Programme (CIP) with an estimated cost of Rs 75 million. Under this project financial assistance will be given to the SME sector to get certification for export purposes during the next three yea
Published 06 Sep, 2017 12:00am
Qadri urges UN to help stop massacre of Rohingya Muslims

Qadri urges UN to help stop massacre of Rohingya Muslims

Chairman Pakistan Awami Tehrik, Dr Tahirul Qadri has announced that his party will hold protest rallies in 100 cities on coming Friday against ongoing genocide of Rohingya Muslims. Addressing a press conference at PAT's headquarters here on Tuesday the PA
Published 06 Sep, 2017 12:00am
Shahbaz, Nisar discuss political situation
Exchange

Shahbaz, Nisar discuss political situation

Before his departure to London, Punjab Chief Minister Shahbaz Sharif held a meeting with the former interior minister Chaudhry Nisar Ali Khan here on Tuesday and discussed important matters. During the meeting, views were exchanged over current political
Published 06 Sep, 2017 12:00am
LCCI flays genocide of Rohingya Muslims

LCCI flays genocide of Rohingya Muslims

The Lahore Chamber of Commerce & Industry (LCCI) while strongly condemning massacre of the Muslims in Burma urged the government to convene an urgent meeting of all political parties to give a strong message to the Burmese government. In a strong reaction
Published 06 Sep, 2017 12:00am
Thousands throng parks during Eid holidays

Thousands throng parks during Eid holidays

Over 389,000 persons visited 14 wildlife parks and zoological gardens of the province during holidays of Eid-ul-Azha being run under the Punjab Wildlife & Parks Department. Over 113,000 people visited Lahore Zoological Gardens and Safari Zoo during these
Published 06 Sep, 2017 12:00am
APTMA (Punjab) rejects SNGPL's act of reducing gas

APTMA (Punjab) rejects SNGPL's act of reducing gas

The All Pakistan Textile Mills Association (APTMA) Punjab Chairman Syed Ali Ahsan has rejected the unilateral and sudden reduction in system gas supply by the SNGPL, apprehending further energy price disparity in the country. The SNGPL has reduced the sys
Published 06 Sep, 2017 12:00am
Bilawal to address public meeting in Sahiwal on September 20

Bilawal to address public meeting in Sahiwal on September 20

Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari will address a public meeting in district Sahiwal on September 20, said party sources. Earlier, the party chairman was due to address there on September 19, they added. The party sources said bo
Published 06 Sep, 2017 12:00am
Election campaign in NA-120 gaining momentum

Election campaign in NA-120 gaining momentum

After the end of Eid-ul-Azha holidays, the election campaign in the bye-election of NA-120 has started picking up momentum and the candidates are using every mean to get support of voters of the constituency. Although there are over three dozen candidates
Published 06 Sep, 2017 12:00am
PPP starts door-to-door campaign

PPP starts door-to-door campaign

Faisal Mir, the PPP candidate in NA-120, presented flowers to the voters during his door-to-door campaign on Tuesday. He also presented pamphlets to the voters, street vendors and shopkeepers with a request of considering him for their vote on September 1
Published 06 Sep, 2017 12:00am
PAD sets up procurement centres to buy olive from growers

PAD sets up procurement centres to buy olive from growers

The Punjab Agriculture Department (PAD) has launched buying of olive from growers by setting up procurement centers in Chakwal, Fateh Jang and Attock. These centers have been set up in public-private partnership by the Barani Agricultural Research Institu
Published 06 Sep, 2017 12:00am
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