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Print - 2017-09-13
Siraj for accountability of all those named in Panama Leaks

Siraj for accountability of all those named in Panama Leaks

Chief of Jamaat-e-Islami (JI) Senator Sirajul Haq on Tuesday asked for the accountability of all those named in Panama Leaks, including bureaucrats and judges. Talking to media persons here, the JI chief said that there were 364 people, including judges a
Published 13 Sep, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 12, 2017).

Published 13 Sep, 2017 12:00am
Oman secures release of Indian priest kidnapped in Yemen

Oman secures release of Indian priest kidnapped in Yemen

Muscat has secured the release of an Indian priest who was abducted last year during a deadly attack by Islamist militants in Yemen, Oman's official news agency said on Tuesday. Thomas Uzhunnalil had been held captive since March 2016, when jihadists atta
Published 13 Sep, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 12, 2017).

Published 13 Sep, 2017 12:00am
Oman secures release of Indian priest kidnapped in Yemen

Oman secures release of Indian priest kidnapped in Yemen

Muscat has secured the release of an Indian priest who was abducted last year during a deadly attack by Islamist militants in Yemen, Oman's official news agency said on Tuesday. Thomas Uzhunnalil had been held captive since March 2016, when jihadists atta
Published 13 Sep, 2017 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (September 12, 2017).

Published 13 Sep, 2017 12:00am
Tax bias against industry must end
Exchange

Tax bias against industry must end

A Business Recorder exclusive sourced to officials of the Federal Board of Revenue (FBR) has revealed that thousands of sales tax deregistration applications remain pending with the Board due to what has been claimed as strict audit requirements fo
Published 13 Sep, 2017 12:00am
A speedy retreat

A speedy retreat

It is hard to believe that a democratically elected government should want to muzzle the print media. Contents of a document leaked from the Press Council of Pakistan (PCP) show a draconian new press law has been in the works at the behest of the informat
Published 13 Sep, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (September 12, 2017)

Published 13 Sep, 2017 12:00am
Time to prepare a plan 'B'

Time to prepare a plan 'B'

Let us not take the latest aid cut threat emanating from the US lightly by dismissing it as having been motivated by "baseless concerns" of President Trump. Indeed, we would be on our own if the threat of aid cut is actually carried out. Therefore, let us
Published 13 Sep, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (September 12, 2017).

Published 13 Sep, 2017 12:00am
Head in the sand
Exchange

Head in the sand

"No I know you are right as far as the economy goes, but I have been hearing about Pakistan's economy going down for so long and nothing has happened. So what if the debt has tripled, we can keep borrowing more and when things get worse we can always go b
Published 13 Sep, 2017 12:00am
Hopes fade as Gulf crisis hits 100-day landmark

Hopes fade as Gulf crisis hits 100-day landmark

As the boycott of Qatar by a Saudi-led bloc of countries approaches its 100th day Wednesday, experts have warned the increasingly bitter dispute could last into 2018 and beyond. "If the present trajectory is anything to go by, I expect this crisis to last
Published 13 Sep, 2017 12:00am
Merciless use of taxes

Merciless use of taxes

The Accountant General of Pakistan has reported, according to a reporting appearing in Business Recorder on August 24, embezzlement, misappropriation, misuse of about Rs 1,662 billion by the following eight public-sector entities, each with:
Published 13 Sep, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 12, 2017).

Published 13 Sep, 2017 12:00am
Kazi Formula for NHP calculation not being implemented: Khattak

Kazi Formula for NHP calculation not being implemented: Khattak

Provincial government of Khyber Pakhtunkhwa raised the issue of Net Hydel Profit (NHP) during the last meeting of the Council of Common Interests (CCI) held on August 25, 2017. Sources said that KP Chief Minister Pervez Khattak during the meeting of the C
Published 13 Sep, 2017 12:00am
The Weather

The Weather

The weather report on Tuesday (September 12, 2017) and the forecast for Wednesday (September 13, 2017).

Published 13 Sep, 2017 12:00am
Afghanistan issue can only be resolved through dialogue: President

Afghanistan issue can only be resolved through dialogue: President

President Mamnoon Hussain on Tuesday said the issue of Afghanistan could only be resolved through dialogue not war. Addressing a gathering of Pakistani academia and intelligentsia here, the President reiterated that Pakistan would continue assisting their
Published 13 Sep, 2017 12:00am
ECP directs legislators to submit assets detail by September 30

ECP directs legislators to submit assets detail by September 30

Election Commission of Pakistan (ECP) on Tuesday directed the parliamentarians to submit details of their assets till 30 Sep. The ECP has dispatched notices to the parliamentarians with a warning of possible membership suspension if anyone fails in submit
Published 13 Sep, 2017 12:00am
India's jingoism a hurdle in taking forward accords: Dastgir

India's jingoism a hurdle in taking forward accords: Dastgir

Engineer Khurram Dastgir Khan, Minister for Defense, said in Senate on Tuesday that India's incumbent government's aggressive and jingoistic attitude was a hurdle in way of taking forward bilateral accords on redressal of trade grievances and customs matt
Published 13 Sep, 2017 12:00am
UNDP chief technical advisor meets KP minister

UNDP chief technical advisor meets KP minister

United Nations Development Program's (UNDP) Chief Technical Advisor, Darren Nance called on Khyber Pakhtunkhwa Minister for Labour and Chairperson of the steering committee for capacity building of members Provincial Assembly, Anisa Zeb Tahirkheli and dis
Published 13 Sep, 2017 12:00am
Remittances up 13 percent in two months

Remittances up 13 percent in two months

Inflows of workers' remittances, sent by overseas Pakistanis, rose by 13 percent during the first two months of this fiscal year (FY18). According to State Bank of Pakistan (SBP), overseas Pakistani workers remitted $3.496 billion in the first two months
Published 13 Sep, 2017 12:00am
KP IGP gives awards to officials on excellent performance

KP IGP gives awards to officials on excellent performance

KP Inspector General of Police (IGP), Salahuddin Khan Mehsood awarded Peshawar Police officials on excellent performance of recovery of kidnapped person and stolen vehicle in a ceremony held at CPO Peshawar on Tuesday. According to details one Azizullah w
Published 13 Sep, 2017 12:00am
LDA demolishes three illegal buildings

LDA demolishes three illegal buildings

The Lahore Development Authority (LDA) on Tuesday demolished three buildings that were illegally constructed. The LDA's Town Planning Wing has launched a campaign against buildings that were constructed without getting permission from the authority. Durin
Published 13 Sep, 2017 12:00am
Pakistan urges Myanmar to allow UN fact-finding mission

Pakistan urges Myanmar to allow UN fact-finding mission

Pakistan on behalf of the Organization of Islamic Cooperation (OIC) Tuesday demanded immediate cessation of violence against Rohingya Muslims and called upon Myanmar to allow the United Nations Fact-Finding Mission access to the affected areas and bring a
Published 13 Sep, 2017 12:00am
Under-training prosecutors visit Police HQ

Under-training prosecutors visit Police HQ

A 30-member delegation of under training prosecutors led by Director Prosecution Zafar Abbas Mirza visited police Headquarter Peshawar on Tuesday. The members of the delegation included Assistant Prosecutors and Deputy Prosecutors. The delegation attended
Published 13 Sep, 2017 12:00am
Pakistan sets up booth at Cultural Expo in China

Pakistan sets up booth at Cultural Expo in China

The Pakistan Embassy and External Publicity Wing, Ministry of Information and Broadcasting set up a booth at the second Colorful World - Cultural Exhibition of countries along the Belt and Road held at China International Exhibition Centre here on Tuesday
Published 13 Sep, 2017 12:00am
Pakistan wants peaceful, stable Afghanistan: Tehmina Janjua

Pakistan wants peaceful, stable Afghanistan: Tehmina Janjua

Foreign Secretary Tehmina Janjua on Tuesday informed a parliamentary committee that Pakistan wants a peaceful and stable Afghanistan which is in the best interest of our own people. The Foreign Secretary stated this while briefing an in-camera session of
Published 13 Sep, 2017 12:00am
PPP Punjab women wing chalks out strategy for NA-120 by-poll

PPP Punjab women wing chalks out strategy for NA-120 by-poll

The PPP Punjab women wing met under its president Samina Khalid Ghurki on Tuesday to strategize election campaign in NA-120. Chairman PPP Punjab Qamar Zaman Kaira and Secretary General Nadeem Afzal Chan were also present on the occasion. Samina briefed th
Published 13 Sep, 2017 12:00am
Intermediate exam Punjab CM felicitates position-holders

Intermediate exam Punjab CM felicitates position-holders

Punjab Chief Minister Shahbaz Sharif has congratulated the students who got top positions in intermediate examinations of educational boards in the province. In his message of felicitation, he said the hard work of these students is a testimony that nothi
Published 13 Sep, 2017 12:00am
New trend set with revolutionary steps in education: Minister

New trend set with revolutionary steps in education: Minister

The new trend has been set with revolutionary steps in education sector by encouraging young and talented students and introducing reforms to provide ample opportunities of education equally for all. This was stated by Punjab Minister for Local Government
Published 13 Sep, 2017 12:00am
LCCI for evolving dynamic traffic management plan

LCCI for evolving dynamic traffic management plan

The Lahore Chamber of Commerce and Industry has urged the Punjab government in general and traffic department in particular to evolve a dynamic traffic management plan to overcome the several traffic problems for the business community during the ongoing
Published 13 Sep, 2017 12:00am
14 percent children in Punjab out of schools: ASER

14 percent children in Punjab out of schools: ASER

Despite the recent focus of the federal and provincial governments on enrolment drives as rhetoric on Article 25A, 14 percent of Punjab children aged 6-16 still remain out of school, according to the Annual Status of Education Report-ASER 2016 Punjab surv
Published 13 Sep, 2017 12:00am
Ministries asked not to make contact with Taiwan

Ministries asked not to make contact with Taiwan

Cabinet Division has directed all government departments/ministries that no contact is to be made with Taiwan under any circumstances, as part of Pakistan's declared One-China policy. In this regard, the Cabinet Division has issued a notification on the v
Published 13 Sep, 2017 12:00am
Maryam slams Imran over dengue-related deaths in KP

Maryam slams Imran over dengue-related deaths in KP

Without naming the PTI Chief Imran Khan, Pakistan Muslim League-Nawaz (PML-N) leader Maryam Nawaz Tuesday said people in the KPK are dyeing due to dengue but he (Imran) is attending marriage ceremonies in London. While addressing the minorities' wing work
Published 13 Sep, 2017 12:00am
Lawyers urge LHC: CJ to take notice of complaints

Lawyers urge LHC: CJ to take notice of complaints

The Lahore High Court Bar Association (LHCBA) on Tuesday urged the Chief Justice LHC to take notice of the lawyers' complaints regarding delaying messages about their cases and the cause lists being generated by the new IT system. President LHCBA Chaudhry
Published 13 Sep, 2017 12:00am
AJK president, Palestinian peace activist discuss Kashmir issue

AJK president, Palestinian peace activist discuss Kashmir issue

Dr Khalid Mahmood, Palestinian peace activist and researcher called upon President Azad Jammu and Kashmir Sardar Masood Khan, here on Tuesday and discussed matters related to Kashmir and Palestine. "Kashmir and Palestine are a similar cause where the peop
Published 13 Sep, 2017 12:00am
Berger Paints posts Rs 202.111 million profit after tax
Exchange

Berger Paints posts Rs 202.111 million profit after tax

Berger Paints Pakistan Limited has posted Rs 202.111 million as profit after tax in the year ended June 30, 2017 (FY17) as compared to Rs 184.777 million earned in FY16. The board of directors of the company in its meeting held here announced that the com
Published 13 Sep, 2017 12:00am
Berger Paints posts Rs 202.111 million profit after tax
Exchange

Berger Paints posts Rs 202.111 million profit after tax

Berger Paints Pakistan Limited has posted Rs 202.111 million as profit after tax in the year ended June 30, 2017 (FY17) as compared to Rs 184.777 million earned in FY16. The board of directors of the company in its meeting held here announced that the com
Published 13 Sep, 2017 12:00am
Dr Asim's departure to London sans permission irks judge

Dr Asim's departure to London sans permission irks judge

An accountability court on Tuesday expressed displeasure over Pakistan Peoples Party (PPP) Karachi president Dr Asim Hussain's going abroad for treatment without seeking its permission. Dr Asim, who is also a close aide of former president Asif Ali Zardar
Published 13 Sep, 2017 12:00am
0.9 million people die of diabetes annually in Pakistan: WHO

0.9 million people die of diabetes annually in Pakistan: WHO

People with diabetes need to take their own care with proper medical advices and treatment. Professor of Medicine at LUMHS, Jamshoro Dr Bikha Ram Devrajani, talking to APP here on Tuesday, informed that according to the World Health Organization, approxim
Published 13 Sep, 2017 12:00am
Sperm whales found in seawaters near Jiwani

Sperm whales found in seawaters near Jiwani

Fishermen sighted sperm whales for the first time in Pakistani seawater near Jiwani off Balochistan coast on September 10, the WWF-Pakistan said on Tuesday. It said that the fishermen saw the whales some 22 kilometres south of Gunz, near Jiwani last Sunda
Published 13 Sep, 2017 12:00am
National Foods PAT increases to Rs 984.897 million
Exchange

National Foods PAT increases to Rs 984.897 million

The profit after tax (PAT) of National Foods Limited increased to Rs 984.897 million in the year ended June 30, 2017 (FY17) as compared to Rs 773.676 million earned in FY16. The company's earning per share increased to Rs 9.51 in the period under review a
Published 13 Sep, 2017 12:00am
National Foods PAT increases to Rs 984.897 million
Exchange

National Foods PAT increases to Rs 984.897 million

The profit after tax (PAT) of National Foods Limited increased to Rs 984.897 million in the year ended June 30, 2017 (FY17) as compared to Rs 773.676 million earned in FY16. The company's earning per share increased to Rs 9.51 in the period under review a
Published 13 Sep, 2017 12:00am
PAT of Millat Tractors increases to Rs 4.257 billion
Exchange

PAT of Millat Tractors increases to Rs 4.257 billion

The profit after tax of Millat Tractors Limited has increased to Rs 4.257 billion in the year ended June 30, 2017 (FY17) as compared to Rs 1.750 billion earned in FY16. The company's earning per share increased to Rs 96.12 in the period under review again
Published 13 Sep, 2017 12:00am
PAT of Millat Tractors increases to Rs 4.257 billion
Exchange

PAT of Millat Tractors increases to Rs 4.257 billion

The profit after tax of Millat Tractors Limited has increased to Rs 4.257 billion in the year ended June 30, 2017 (FY17) as compared to Rs 1.750 billion earned in FY16. The company's earning per share increased to Rs 96.12 in the period under review again
Published 13 Sep, 2017 12:00am
KATI chief urges government to clean SWDs

KATI chief urges government to clean SWDs

President of Korangi Association of Trade and Industry (KATI) Masood Naqi has urged Sindh Chief Minister Syed Murad Ali Shah and Minister for Local Government Jam Khan Shoro to direct concerned authorities to initiate sewerage lines repair work and cleani
Published 13 Sep, 2017 12:00am
PRL profit after tax increases
Exchange

PRL profit after tax increases

The profit after tax of Pakistan Refinery Limited (PRL) has increased to Rs 1,060.278 million in the year ended June 30, 2017 (FY17) as compared to Rs 283.391 million earned in FY16. The board of directors of the company in its meeting held here on Tuesda
Published 13 Sep, 2017 12:00am
PRL profit after tax increases
Exchange

PRL profit after tax increases

The profit after tax of Pakistan Refinery Limited (PRL) has increased to Rs 1,060.278 million in the year ended June 30, 2017 (FY17) as compared to Rs 283.391 million earned in FY16. The board of directors of the company in its meeting held here on Tuesda
Published 13 Sep, 2017 12:00am
Younus Brothers, Sapphire Group to invest in EnerGas LNG Terminal at PQ

Younus Brothers, Sapphire Group to invest in EnerGas LNG Terminal at PQ

The Boards of Younus Brothers Group Pakistan and Sapphire Group announce their investment decision for EnerGas LNG Terminal to be developed at Port Qasim. The LNG terminal is designed to berth a FSRU of 173,340 m3 along with an LNG carrier of 266,000 m3.
Published 13 Sep, 2017 12:00am
Meezan Bank named 'Best Islamic Bank'

Meezan Bank named 'Best Islamic Bank'

Meezan Bank, Pakistan's first and largest Islamic bank, has been declared as the 'Best Islamic Bank of the Year' and 'Corporate Finance House of the Year - Fixed Income' - 2016 by the CFA Society Pakistan, a member society of the CFA Institute, USA at its
Published 13 Sep, 2017 12:00am
VMware partners with Meezan Bank

VMware partners with Meezan Bank

VMware Inc, a global leader in cloud infrastructure and business mobility, has recently signed an agreement with Meezan Bank to modernize the bank's IT infrastructure across 571 branches in 146 cities of Pakistan. The agreement allows Meezan Bank to expan
Published 13 Sep, 2017 12:00am
'TDF Magnifi-Science Exhibition' to begin on October 6

'TDF Magnifi-Science Exhibition' to begin on October 6

The Dawood Foundation (TDF) is organizing the "TDF Magnifi-Science Exhibition 2017" from October 6 to 8 at the Dawood Public School. The Exhibition is sponsored by the Dawood Hercules Corp and Engro Corp while HUBCO is the supporting sponsor.
Published 13 Sep, 2017 12:00am
Affectees of expressway being compensated: PKHA

Affectees of expressway being compensated: PKHA

The Pakhtunkhwa Highway Authority (PKHA) here Tuesday clarified that a news item appeared in the section of press on 31st August regarding assessment of land coming in the Right of Way (ROW) as per market value and non-payment of land compensation to the
Published 13 Sep, 2017 12:00am
CS inaugurates medical camp

CS inaugurates medical camp

Chief Secretary Punjab Captain Zahid Saeed (retd) has said that every individual will have to play its role in establishing a healthy society. Setting up of a medical camp is a positive step for providing medical facilities to government employees and rai
Published 13 Sep, 2017 12:00am
Youth urged to acquire knowledge

Youth urged to acquire knowledge

Vice chancellor of the University of Agriculture Faisalabad, Dr Muhammad Iqbal Zafar has stressed upon youth to turn all stones for acquiring knowledge for the uplift, dignity and honour of country as was envisioned by Quaid-e-Azam Muhammad Ali Jinnah. Ad
Published 13 Sep, 2017 12:00am
ADB to provide $335 millions loan for developing BRT system in Peshawar

ADB to provide $335 millions loan for developing BRT system in Peshawar

The Asian Development Bank (ADB) and Pakistan today signed a $335 million loan to help develop a Bus Rapid Transport (BRT) system in Peshawar, the capital city of the Khyber Pakhtunkhwa province. The project will improve public transport of the city throu
Published 13 Sep, 2017 12:00am
ADB to provide $335 millions loan for developing BRT system in Peshawar

ADB to provide $335 millions loan for developing BRT system in Peshawar

The Asian Development Bank (ADB) and Pakistan today signed a $335 million loan to help develop a Bus Rapid Transport (BRT) system in Peshawar, the capital city of the Khyber Pakhtunkhwa province. The project will improve public transport of the city throu
Published 13 Sep, 2017 12:00am
Advisory for paddy growers
Exchange

Advisory for paddy growers

The Punjab Agriculture Department (PAD) has advised paddy growers to use pesticides in consultation with the agri-experts to avoid harmful effects of fungicides and pesticides. It urged the growers to be aware of harmful aspects of Tricycalzole (TCA), Car
Published 13 Sep, 2017 12:00am
JuD chief will pose threat to public safety if released, LHC told

JuD chief will pose threat to public safety if released, LHC told

A report submitted by the Home Department before the Lahore High Court on Tuesday said that activities of Jamaat-ud-Dawa (JuD) Chief Hafiz Muhammad Saeed will pose great threat to the public safety and cause breach of public order if released. The departm
Published 13 Sep, 2017 12:00am
KP delegation attends three-day workshop at Colombo

KP delegation attends three-day workshop at Colombo

Khyber Pakhtunkhwa delegation has participated in the International three-day consultation workshop in Colombo, Sri Lanka. According to details, Khyber Pakhtunkhwa Special Assistant to Chief Minster on Law and Parliamentary Affairs and convener of the Tas
Published 13 Sep, 2017 12:00am
Government struggles to export surplus sugar amid falling global prices

Government struggles to export surplus sugar amid falling global prices

Sugar industry is urging the government to reinstate export subsidies after a steep fall in global sugar prices has slowed shipments, adding to a domestic surplus just as the country prepares to harvest a record crop. Without revenues from exports, local
Published 13 Sep, 2017 12:00am
AIIB keen to invest in dams, infrastructure development of KP

AIIB keen to invest in dams, infrastructure development of KP

Asian Infrastructure Investment Bank (AIIB) has expressed willingness for investment in Changla Gali Islamabad Road, construction of small dams, solarization of divisional and district headquarters offices, Chitral grid station, transmission lines, infras
Published 13 Sep, 2017 12:00am
Rs 14 billion USF Company's budget okayed

Rs 14 billion USF Company's budget okayed

USF Policy Committee Meeting, the management forum for the USF, was convened on Tuesday; 12th September 2017 in the Ministry of Information Technology and Telecom, Islamabad. The Minister of State for IT & Telecom; Anusha Rehman chaired the meeting in whi
Published 13 Sep, 2017 12:00am
Ufone's Summer Internship programme concludes

Ufone's Summer Internship programme concludes

Ufone celebrated the successful conclusion of its flagship Summer Internship Programme (SIP) in Islamabad, Lahore and Karachi. Following campus recruitment drives across partner universities where more than 1300 students were evaluated, 41 students were s
Published 13 Sep, 2017 12:00am
Drive against encroachers in Peshawar

Drive against encroachers in Peshawar

Town-I administration here on Tuesday launched a crackdown against encroachments in different areas of the city by bulldozing several illegally built cabins. On the directives of Town-I Nazim Zahid Nadeem, Tehsil Officer Revenue (TOR), Riaz Awan, Assistan
Published 13 Sep, 2017 12:00am
Misuse of USF: Minister, PkMAP Senator trade allegations
Cotton

Misuse of USF: Minister, PkMAP Senator trade allegations

In a rare move, State Minister for Information Technology Anusha Rehman Khan on Tuesday threatened to stage a walkout from Senate after she was not allowed to respond to a treasury member who accused her of misusing Universal Service Fund (USF) for buildi
Published 13 Sep, 2017 12:00am
Emirates Airlines celebrates 100th Airbus 380 aircraft

Emirates Airlines celebrates 100th Airbus 380 aircraft

Emirates Airlines is celebrating the historic delivery of its 100th Airbus 380 aircraft with a fare sale to exciting destinations across the Emirates global network in the Middle East, Far East, Europe and US.
Published 13 Sep, 2017 12:00am
14 die as van rams into trailer

14 die as van rams into trailer

In a major tragedy, at least 14 people, including four children, lost their lives on Tuesday when a passenger van rammed into a trailer and caught fire near Chakri interchange near Rawalpindi, said Motorway police. A spokesperson for the National Highways
Published 13 Sep, 2017 12:00am
Asif meets Erdogan: Turkey backs Pakistan's stance on Afghan security

Asif meets Erdogan: Turkey backs Pakistan's stance on Afghan security

Foreign Minister Khawaja Asif met Turkish President Tayyip Erdogan and Prime Minister Binali Yildirim in the capital of Turkey where they discussed mutual ties between the two countries. The Turkish leadership expressed best wishes for Prime Minister Shah
Published 13 Sep, 2017 12:00am
Abdullah Shah Ghazi's Urs begins

Abdullah Shah Ghazi's Urs begins

The three-day annual Urs of Hazrat Abdullah Shah Ghazi began on Tuesday, with thousands of devotees thronging to the shrine to offer fateha and pay homage to the Sufi saint. Sindh minister for information Syed Nasir Hussain Shah inaugurated the saint's 12
Published 13 Sep, 2017 12:00am
Customer money not a part of clearing members' assets: SECP
Exchange

Customer money not a part of clearing members' assets: SECP

The Securities and Exchange Commission of Pakistan (SECP) has decided to direct professional clearing members of stock exchange that customer money shall not form part of the assets of the professional clearing member for any purpose and shall not be avai
Published 13 Sep, 2017 12:00am
Aussie, kiwi fall

Aussie, kiwi fall

The Australian and New Zealand dollars fell on Tuesday as their US peer staged a broad rebound on improving risk sentiment after Hurricane Irma was downgraded without causing as much damage as feared. The Australian dollar slipped 0.29 percent to $0.8006
Published 13 Sep, 2017 12:00am
Hezbollah declares Syria victory

Hezbollah declares Syria victory

The Lebanese Shia group Hezbollah has declared victory in the Syrian war while Russia said government forces had driven militants from much of the country where President Bashar al-Assad's rule seemed in danger two years ago. The comments from two Syrian
Published 13 Sep, 2017 12:00am
Britain 'committed' to European security despite Brexit

Britain 'committed' to European security despite Brexit

The British government said Tuesday that it would continue its close cooperation with the European Union on security, months after suggesting security could be used as a bargaining chip in Brexit negotiations. "What the UK is offering will be unprecedente
Published 13 Sep, 2017 12:00am
Qatar, neighbours trade barbs at Arab League over boycott
Exchange

Qatar, neighbours trade barbs at Arab League over boycott

Diplomats from Qatar and the four states boycotting it exchanged heated words at an Arab League meeting on Tuesday. Tensions flared after Qatar's Minister of State for Foreign Affairs Sultan bin Saad al-Muraikhi discussed the boycott in his opening speech
Published 13 Sep, 2017 12:00am
Iraq MPs vote against Kurdish independence referendum

Iraq MPs vote against Kurdish independence referendum

Iraq's parliament's on Tuesday voted against plans by Kurdish leaders to hold an independence referendum just two weeks before it was to be held, echoing regional criticism of the poll. The non-binding referendum planned for September 25 has faced strong
Published 13 Sep, 2017 12:00am
At least four dead as storm hits Philippines

At least four dead as storm hits Philippines

At least four people died and six were missing after a major storm caused flooding in and around Manila on Tuesday, forcing schools, government offices and businesses to shut down. A 12-year-old girl who drowned in a rain-swollen river in a Manila suburb
Published 13 Sep, 2017 12:00am
German court drops case against Auschwitz medic

German court drops case against Auschwitz medic

A German court on Tuesday said it had dropped a case against a 96-year-old former medical orderly at the Auschwitz death camp because he suffers from dementia, ending one of the last high-profile Nazi prosecutions. Wheelchair-bound Hubert Zafke had faced
Published 13 Sep, 2017 12:00am
Bittersweet election victory for Norway PM

Bittersweet election victory for Norway PM

After clinching a narrow victory in Norway's legislative elections, Prime Minister Erna Solberg will start out with a fragile second mandate, given her weaker majority and less conciliatory allies. "You can never be confident that you will survive for fou
Published 13 Sep, 2017 12:00am
Aussies will have advantage in India, says Clarke

Aussies will have advantage in India, says Clarke

Former skipper Michael Clarke said Tuesday the Australians would likely upstage hosts India in the upcoming one-day series thanks to their stints with the Indian Premier League. The Steve Smith-led side, which lost the Test series 2-1 to India earlier thi
Published 13 Sep, 2017 12:00am
South Africa accept World Cup replay order

South Africa accept World Cup replay order

South Africa said Tuesday they accepted a FIFA order to replay a 2018 World Cup qualifier against Senegal that was manipulated by a Ghanaian referee. "Following extra information from FIFA, we resolved on moral and ethical grounds that we cannot benefit f
Published 13 Sep, 2017 12:00am
West Indies look to recalled Gayle for ODI inspiration

West Indies look to recalled Gayle for ODI inspiration

The recall of Chris Gayle to the West Indies ODI squad, for the first time since the 2015 World Cup, has dominated the countdown to the upcoming five-match series against England. But Gayle - one of the biggest draws in the game - is likely to make his fi
Published 13 Sep, 2017 12:00am
Japan's Date bows out in tears after 'double bagel'

Japan's Date bows out in tears after 'double bagel'

Japan's Kimiko Date, the grande dame of women's tennis, bowed out of the sport after being thrashed 6-0, 6-0 by Aleksandra Krunic at the Japan Women's Open on Tuesday. The former world number four, who turns 47 later this month, was simply no match for a
Published 13 Sep, 2017 12:00am
Stoinis stars in Australia's big warm-up win

Stoinis stars in Australia's big warm-up win

Marcus Stoinis hit an attacking half-century to help Australia beat the Indian Board President's XI by 103 runs in their only 50-over warm-up match on Tuesday. There were four half-centuries for the visitors including Stoinis' 60-ball 76, enabling them to
Published 13 Sep, 2017 12:00am
Noor, Hammad in KP Junior Defence Day Squash final

Noor, Hammad in KP Junior Defence Day Squash final

Top seed Noor Zaman and Hammad Ahmad will clash in the final of the ongoing Khyber Pakhtunkhwa Defence Day Squash Championship being played here at PAF Hashim Khan Squash Complex on Tuesday. Noor Zaman handed an up settling 3-1 defeat to promising Khushal
Published 13 Sep, 2017 12:00am
Pakistan beat World XI by 20 runs

Pakistan beat World XI by 20 runs

Pakistan beat the World XI by 20 runs in an exciting finish to the first Twenty20 match in Lahore on Tuesday, celebrating the return of international cricket to the country amid tight security. It is only the second time Pakistan has hosted an internation
Published 13 Sep, 2017 12:00am
Mutko says WADA shares blame for Russian doping violations

Mutko says WADA shares blame for Russian doping violations

Russian Deputy Prime Minister Vitaly Mutko on Tuesday pinned some of the blame for the country's mass doping violations on the World Anti-Doping Agency (WADA) and insisted it was time to turn the page. Mutko said the appointment of Grigory Rodchenkov, who
Published 13 Sep, 2017 12:00am
English clubs to stream games under new deal

English clubs to stream games under new deal

English Football League clubs will be able to stream games on their own websites under a new five-year deal signed with broadcaster Sky Sports, league chiefs announced on Tuesday. The EFL - which covers the three tiers below the Premier League - said it w
Published 13 Sep, 2017 12:00am
Shanghai SIPG into AFC semis on dramatic night

Shanghai SIPG into AFC semis on dramatic night

Shanghai SIPG survived an almighty scare to sneak into the semi-finals of the AFC Champions League 5-4 on penalties and break Guangzhou Evergrande hearts on Tuesday. Midfielder Yu Hai was the hero for Andre Villas-Boas's side, holding his nerve to bury th
Published 13 Sep, 2017 12:00am
Olympic chief defends handling of corruption case

Olympic chief defends handling of corruption case

International Olympic Committee President Thomas Bach defended his organisation's handling of corruption allegations on Monday, insisting the movement could never make itself immune from scandal. The IOC, which is gathering in Lima to award the 2024 and 2
Published 13 Sep, 2017 12:00am
European shares end at five-week high as relief bounce continues

European shares end at five-week high as relief bounce continues

European shares rose to a five-week high on Tuesday, extending the relief bounce seen in the previous session as worries about Hurricane Irma and North Korea's nuclear standoff eased. All major trading centres and most sectors ended in positive territory
Published 13 Sep, 2017 12:00am
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