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Apr 02, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-09-15
LCCI to establish hotline-link in Philippines
Cotton

LCCI to establish hotline-link in Philippines

The Lahore Chamber of Commerce and Industry and Pakistan Embassy in Philippines will establish hotline-like contact to ensure timely exchange of trade and investment-related information. It was agreed at a meeting between Pakistan Ambassador in Philippine
Published 15 Sep, 2017 12:00am
Currency management State Bank unveils new penalty structure

Currency management State Bank unveils new penalty structure

The State Bank of Pakistan (SBP) has introduced a new penalty structure for cash processing functions under the currency management strategy. Under the new penalty structure, the SBP will impose fine up to Rs 0.1 million for noncompliance of instructions
Published 15 Sep, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (September 14, 2017)

Published 15 Sep, 2017 12:00am
Bailable warrant issued against Imran

Bailable warrant issued against Imran

The Election Commission of Pakistan (ECP) has issued bailable arrest warrant against Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan in a contempt of court case. The Election Commission of Pakistan on Thursday issued bailable arrest warrant and ordered
Published 15 Sep, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (September 14, 2017).

Published 15 Sep, 2017 12:00am
Bailable warrant issued against Imran

Bailable warrant issued against Imran

The Election Commission of Pakistan (ECP) has issued bailable arrest warrant against Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan in a contempt of court case. The Election Commission of Pakistan on Thursday issued bailable arrest warrant and ordered
Published 15 Sep, 2017 12:00am
UN seeks 'massive' help for Rohingya fleeing Myanmar ethnic cleansing

UN seeks 'massive' help for Rohingya fleeing Myanmar ethnic cleansing

The United Nations appealed on Thursday for massive help for nearly 400,000 Muslims from Myanmar who have fled to Bangladesh, with concern growing that the number could keep rising, unless Myanmar ends what critics denounce as "ethnic cleansing". The Rohi
Published 15 Sep, 2017 12:00am
UN seeks 'massive' help for Rohingya fleeing Myanmar ethnic cleansing

UN seeks 'massive' help for Rohingya fleeing Myanmar ethnic cleansing

The United Nations appealed on Thursday for massive help for nearly 400,000 Muslims from Myanmar who have fled to Bangladesh, with concern growing that the number could keep rising, unless Myanmar ends what critics denounce as "ethnic cleansing". The Rohi
Published 15 Sep, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (September 14, 2017).

Published 15 Sep, 2017 12:00am
FO concerned over sale of US military technology to India

FO concerned over sale of US military technology to India

Foreign Office on Thursday described the recent visits of Foreign Minister Khawaja Asif to three regional countries, China, Iran and Turkey, as successful in terms of convergence of viewpoints on various issues including on the presence of terrorist outfi
Published 15 Sep, 2017 12:00am
The Weather

The Weather

The weather report on Thursday (September 14, 2017) and the forecast for Friday (September 15, 2017).

Published 15 Sep, 2017 12:00am
FO concerned over sale of US military technology to India

FO concerned over sale of US military technology to India

Foreign Office on Thursday described the recent visits of Foreign Minister Khawaja Asif to three regional countries, China, Iran and Turkey, as successful in terms of convergence of viewpoints on various issues including on the presence of terrorist outfi
Published 15 Sep, 2017 12:00am
Top cotton buyers flock to India as hurricanes hit US crop
Cotton

Top cotton buyers flock to India as hurricanes hit US crop

The world's top cotton buyers, all in Asia, are flocking to India to secure supplies after fierce storms in the United States, the biggest exporter of the fibre, affected the size and quality of the crop, dealers said. In the past week alone, India, the w
Published 15 Sep, 2017 12:00am
Top cotton buyers flock to India as hurricanes hit US crop
Cotton

Top cotton buyers flock to India as hurricanes hit US crop

The world's top cotton buyers, all in Asia, are flocking to India to secure supplies after fierce storms in the United States, the biggest exporter of the fibre, affected the size and quality of the crop, dealers said. In the past week alone, India, the w
Published 15 Sep, 2017 12:00am
Top cotton buyers flock to India as hurricanes hit US crop
Cotton

Top cotton buyers flock to India as hurricanes hit US crop

The world''s top cotton buyers, all in Asia, are flocking to India to secure supplies after fierce storms in the United States, the biggest exporter of the fibre, affected the size and quality of the crop, dealers said. In the past week alone, India, the
Published 15 Sep, 2017 12:00am
Abnormal UFG allowance

Abnormal UFG allowance

Consultants appointed by Oil and Gas Regulatory Authority (Ogra) have proposed a raise in the uncounted for gas (UFG) losses to 7.1 percent - significantly higher than the existing allowance of 4.5 percent. Raising the allowance of UFG has been a long-sta
Published 15 Sep, 2017 12:00am
FATA mainstreaming

FATA mainstreaming

The federal cabinet has on September 12, 2017 approved the extension of the jurisdiction of the Supreme Court and Islamabad High Court to the Federally Administered Tribal Areas (FATA) as the first step towards implementation of the long overdue reforms i
Published 15 Sep, 2017 12:00am
AML regulations and fiscal laws - II
Exchange

AML regulations and fiscal laws - II

In the first article on this subject published on September 9, 2017 the relevance and changed perspective of anti-money laundering (AML) in today's world was briefly discussed. That article restricted its scope to the need for synchronization, if required
Published 15 Sep, 2017 12:00am
Pakistan at 70

Pakistan at 70

Thanks to the untiring efforts of former Foreign Minister of Bangladesh Iftekhar Ahmed Chowdhury and a former Finance Minister of Pakistan Shahid Javed Burki, Research Professors at the Institute of South Asian Studies (ISAS) and the National University o
Published 15 Sep, 2017 12:00am
Saudi Arabia plans to launch nuclear power tender next month

Saudi Arabia plans to launch nuclear power tender next month

Saudi Arabia is expected to launch a tender process for its first nuclear reactors as early as next month and will reach out to potential vendors from countries including South Korea, France and China, industry sources said.
Published 15 Sep, 2017 12:00am
Best energy option - high priced LNG? - II

Best energy option - high priced LNG? - II

If you study what many countries do to conserve energy, you will note that thermal power plant waste heat is utilized in industries to produce steam and hot water at very low cost in combined heat and power systems (cogeneration). Many countries utilize t
Published 15 Sep, 2017 12:00am
Shahbaz reviews law & order situation

Shahbaz reviews law & order situation

Punjab Chief Minister Shahbaz Sharif addressed Cabinet committee meeting on law and order at Civil Secretariat through video link on Thursday. The meeting held a detailed review of overall situation of law and order in the province, the tour of world XI t
Published 15 Sep, 2017 12:00am
Government ejects MSF from tribal district

Government ejects MSF from tribal district

Authorities have asked the Doctors Without Borders (MSF) aid group to close its medical facilities in a militancy-wracked tribal district, the organisation said, as officials tighten controls on foreign NGOs working in the country. MSF said the government
Published 15 Sep, 2017 12:00am
Ex-MPA shot dead

Ex-MPA shot dead

PML-N's former member of the provincial assembly Hashim Khan was shot dead after gunmen opened fire on his car near the Shah Alam Baba area of Lower Dir Thursday evening. Moreover, two other passengers in Hashim's vehicle were also killed due to the firin
Published 15 Sep, 2017 12:00am
APC calls for Fata's constitutional merger with KP

APC calls for Fata's constitutional merger with KP

The All Parties Conference (APC) convened by Awami National Party (ANP) on Thursday called for constitutional merger of FATA into Khyber Pakhtunkhwa and demanded a 10-year development plan. However, Jamiat-ul-Ulema-e-Islam (F) chief Maulana Fazlur Rehman
Published 15 Sep, 2017 12:00am
Justice Yawar to take oath as acting LHC CJ

Justice Yawar to take oath as acting LHC CJ

Justice Muhammad Yawar Ali would take oath as acting Chief Justice of the Lahore High Court on Friday (today) as Chief Justice Syed Mansoor Ali Shah will leave for England on a private visit. Justice Muhammad Anwarul Haq would administer the oath of actin
Published 15 Sep, 2017 12:00am
Four die as trailer hits van near Salt Range

Four die as trailer hits van near Salt Range

Four people were killed after a trailer hit a passenger van on the motorway at the Salt Range near Kallar Kahar on Thursday morning. According to officials of the National Highways and Motorway Police, the accident occurred due to over-speeding of the tra
Published 15 Sep, 2017 12:00am
PML-N leaders term Nawaz Sharif's disqualification 'unjust'

PML-N leaders term Nawaz Sharif's disqualification 'unjust'

Leaders of Pakistan Muslim League-Nawaz (PML-N) on Thursday claimed that disqualification of former Prime Minister Nawaz Sharif is not justified under any law. The PML-N leaders were talking to media persons outside the Supreme Court where hearing of the
Published 15 Sep, 2017 12:00am
Maryam lashes out at Imran

Maryam lashes out at Imran

Terming the PTI chief as just a 'pawn', the former prime minister's daughter Maryam Nawaz Thursday said that conspirators would face defeat on all fronts. While addressing the PML-N youth convention here at Aiwan-e-Iqbal in connection with the NA-120 by-p
Published 15 Sep, 2017 12:00am
Ministers' absence from Senate draws Rabbani's ire

Ministers' absence from Senate draws Rabbani's ire

A visibly perturbed Chairman Senate on Thursday threatened to shut down the House if the government fails to ensure presence of its ministers who often skip proceedings of the Upper House of the Parliament which Rabbani underscored as the main reason behi
Published 15 Sep, 2017 12:00am
WSSCM to launch programme to ensure clean drinking water

WSSCM to launch programme to ensure clean drinking water

Water and Sanitation Service Company Mardan (WSSCM) has planned to launch a holistic programme to ensure clean drinking water to people in its jurisdiction areas in the district. This was stated by Chief Executive Officer of WSSCM, Nasir Ghafoor while add
Published 15 Sep, 2017 12:00am
Fake gas meter: FIR lodged against factory owner

Fake gas meter: FIR lodged against factory owner

SSGC's Counter Gas Theft Team conducted a raid on a Plastic works factory located in Karachi's Liaquatabad area in the night of September 13, 2017. The SSGC's recently formed Security Services and Counter Gas Theft Control Department team, along with law
Published 15 Sep, 2017 12:00am
Manchar Lake an economic and cultural asset of Sindh: Bijarani

Manchar Lake an economic and cultural asset of Sindh: Bijarani

Senior Sindh Minister for Planning and Development Mir Hazar Khan Bijarani said that Manchar Lake is an economic and cultural asset of Sindh and all the stakeholders must come forward for its rehabilitation. He said that the greed and irresponsible interv
Published 15 Sep, 2017 12:00am
43 held in crackdown against profiteers, encroachers

43 held in crackdown against profiteers, encroachers

District administration arrested 43 persons in crackdown against profiteers and encroachment mafia in Board Bazaar and its adjacent areas. The arrested persons were included Nanbais, grocers, fruit & vegetable sellers and encroachment mafia. On the direct
Published 15 Sep, 2017 12:00am
KCR's foundation to be laid on December 25: minister

KCR's foundation to be laid on December 25: minister

Foundation of Karachi Circular Railway service, under CPEC project, will be laid on December 25 this year, said Sindh Minister for Information, Transport and Labour, Syed Nasir Hussain Shah. Addressing the members of SITE Association of Industrialists, he
Published 15 Sep, 2017 12:00am
Sindh university's training workshop concludes

Sindh university's training workshop concludes

A 3-day live theatre performances coupled with training workshop concluded at Shaikh Ayaz Auditorium of Arts Faculty Building, University of Sindh, Jamshoro with the note to ensure provision of quality education especially for women. The concluding ceremo
Published 15 Sep, 2017 12:00am
ACE warns against dubious builders, cooperative housing societies

ACE warns against dubious builders, cooperative housing societies

The chairman of the Enquiries and Anti-Corruption Establishment (ACE), Alamuddin Bullo, has said various fake cooperative housing societies are working in Karachi and advised the pubic to verify their papers before signing agreements with builders and dea
Published 15 Sep, 2017 12:00am
MWM urges government to ensure L&O during Muharram

MWM urges government to ensure L&O during Muharram

Majlis-e-Wahdat-e-Muslimeen (MWM) on Thursday urged the Sindh government to ensure law and order alongside better cleanliness arrangements in the city during Muharram. "The sacred month of Muharram is fast approaching but provincial government and civic a
Published 15 Sep, 2017 12:00am
Woman burnt to death in Quetta

Woman burnt to death in Quetta

A woman was burnt to death due to fire caused by gas leakage here on Thursday. Rescue sources said that fire erupted from a house due to leakage of gas, located in Kaley Umer locality of the provincial capital Quetta.
Published 15 Sep, 2017 12:00am
Kalam festival kicks off today

Kalam festival kicks off today

The Tourism Corporation Khyber Pakhtunkhwa (TCKP) will organize annual Kalam festival from September 15 (Friday) in Swat district with an aim to promote tourism activities in the area. An official of TCKP said that the preparations of festival were being
Published 15 Sep, 2017 12:00am
CM terms UTPs escape from prison a 'criminal negligence'

CM terms UTPs escape from prison a 'criminal negligence'

Sindh Chief Minister Syed Murad Ali Shah has said that the escape of two under trial prisoners from Karachi Central Jail was a result of a criminal negligence of relevant jail officials that was why he had ordered arrest of 15 concerned officials but thre
Published 15 Sep, 2017 12:00am
FBR incapable of clearing pending audit cases: KTBA

FBR incapable of clearing pending audit cases: KTBA

Federal Board of Revenue (FBR) is likely to remain unable to dispose of pending audit cases by December 31, 2017 unless the section 214D of the Income Tax Ordinance 2001, was skipped, said President of the Karachi Tax Bar Association (KTBA).
Published 15 Sep, 2017 12:00am
Speakers call for measures to combat desertification

Speakers call for measures to combat desertification

Sindh Agriculture University (SAU) Tandojam and Sustainable Land Management Programme (SLMP) jointly organized national seminar on "Combating Desertification in Pakistan", held at the university campus. The programme attracted a large number of developmen
Published 15 Sep, 2017 12:00am
KCCI, Mauritius Chamber sign MoU

KCCI, Mauritius Chamber sign MoU

A board member of the Mauritius Chamber and president of the Pakistan-Mauritius Joint Business Council, Shehzad Abdullah Ahmed, has said that Mauritius is a gateway to 47 African countries which can be accessed via Mauritius by Karachi's business and indu
Published 15 Sep, 2017 12:00am
PIA introduces three weekly flights to Najaf, Iraq

PIA introduces three weekly flights to Najaf, Iraq

PIA commences flight operations to Najaf, Iraq. The first flight to Najaf PK 219 took off from Jinnah International Airport Karachi on Thursday night, making PIA the first Pakistani airline to have direct three weekly flights to Iraq from Karachi. These f
Published 15 Sep, 2017 12:00am
PSQCA seizes a lubricant unit over illegal production

PSQCA seizes a lubricant unit over illegal production

Pakistan Standards and Quality Control Authority (PSQCA) seized a lubricant unit for production of illegal and substandard engine oil at the SITE area, here on Thursday. Officials said that as per instruction of the authority's Director General, a PSQCA t
Published 15 Sep, 2017 12:00am
SBI, KATI sign MoU to promote investment in Sindh

SBI, KATI sign MoU to promote investment in Sindh

Sindh Board of Investment (SBI) and Korangi Association of Trade and Industry (KATI) signed a Memorandum of Understanding (MoU) to strengthen the relations and partnership between the business community and Sindh government to promote investment opportuni
Published 15 Sep, 2017 12:00am
IFMP signs MoU with FUI

IFMP signs MoU with FUI

The Institute of Financial Markets Pakistan (IFMP) has signed memorandum of understanding (MoU) with The Foundation University Islamabad (FUI) for mutual development of business curriculum. The spokesman of IFMP, in a statement issued here on Thursday sai
Published 15 Sep, 2017 12:00am
Senate body asks GCC to pay salary to sacked employees

Senate body asks GCC to pay salary to sacked employees

A parliamentary panel on Thursday asked the management of Gun & Country Club (GCC) Islamabad to pay salaries to its 107 employees whose services were terminated after they staged a protest to show solidarity with their colleague who was allegedly assaulte
Published 15 Sep, 2017 12:00am
PTCL offers help to IT companies affected by STP-1 fire

PTCL offers help to IT companies affected by STP-1 fire

PTCL has extended its unconditional and complete support to the IT companies impacted due to the devastating fire at Software Technology Park (STP-1) on September 10. There were a large number of IT companies based at STP-1 in Islamabad which were affecte
Published 15 Sep, 2017 12:00am
ZTBL registers substantial growth

ZTBL registers substantial growth

Zarai Taraqiati Bank Ltd has registered a substantial growth in all its areas of business and operations during the last three years. The Bank has successfully mobilized its customers deposit base to Rs 65 billion and augmented its agricultural credit por
Published 15 Sep, 2017 12:00am
Babar says policy towards Afghanistan must be revisited

Babar says policy towards Afghanistan must be revisited

Peace and development in tribal areas will remain elusive until the black elephant in the black hole of Federally Administered Tribal Areas (FATA) is identified and reined in. This was stated by Senator Farhatullah Babar at a multi-party conference on FAT
Published 15 Sep, 2017 12:00am
Pakistan close to eradicating polio: Maleeha

Pakistan close to eradicating polio: Maleeha

A top Pakistani diplomat has told UNICEF's Executive Board that Pakistan was now close to being a polio-free country that is focused on the development of children. "We have made remarkable progress on Polio eradication," Ambassador Maleeha Lodhi, Pakista
Published 15 Sep, 2017 12:00am
Irfan Riaz Mir joins PC Rawalpindi as GM

Irfan Riaz Mir joins PC Rawalpindi as GM

Irfan Riaz Mir joins Pearl Continental Rawalpindi as its General Manager. Hashoo Hotels takes immense pleasure in announcing his appointment. Irfan Mir is a seasoned professional with an extensive experience of more than 30 years in the hospitality indust
Published 15 Sep, 2017 12:00am
Inordinate delay in completing LEW irks PAC

Inordinate delay in completing LEW irks PAC

The Public Accounts Committee (PAC) Thursday expressed serious anger and disappointment over the long delay in the completion of Lyari Expressway and massive cost escalation from Rs 4.89 billion to Rs 9.94 billion. The committee meeting, held here under t
Published 15 Sep, 2017 12:00am
UK trade minister due next week

UK trade minister due next week

British Minister of State for Trade and Investment Greg Hands is visiting Pakistan next week to further strengthen trade and investment relations between the two countries, well-informed sources told Business Recorder. He is visiting Islamabad at a
Published 15 Sep, 2017 12:00am
PTI may cooperate with MQM-P over change of NA's leader of opposition

PTI may cooperate with MQM-P over change of NA's leader of opposition

Pakistan Tehreek-e-Insaf (PTI) leader, Shah Mehmood Qureshi has said that Muttahida Qaumi Movement-Pakistan (MQM-P) has contacted for change of the Opposition Leader in National Assembly and other political parties would also be consulted in this connecti
Published 15 Sep, 2017 12:00am
PTI to emerge victorious on September 17: Imran

PTI to emerge victorious on September 17: Imran

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has said that on September 17, the PTI will be victorious and they will end 30 years reign of corruption of the Sharif family. "The people will defeat the corrupt mafia on Sunday and a new Lahore will eme
Published 15 Sep, 2017 12:00am
Forex reserves up by $198 million
Exchange

Forex reserves up by $198 million

The country's total liquid foreign exchange reserves rose by $198 million during last week. According to State Bank of Pakistan (SBP) weekly report issued Thursday, the country's forex reserves stood at $20.585 billion as on September 8, 2017 compared to
Published 15 Sep, 2017 12:00am
FTO spells out tax reforms agenda

FTO spells out tax reforms agenda

Federal Tax Ombudsman (FTO) Mushtaq Ahmed Sukhera Thursday highlighted his tax reform agenda, including speedy justice/facilitation to the aggrieved taxpayers, implementation of FTO orders by Federal Board of Revenue (FBR), paperless environment, revampin
Published 15 Sep, 2017 12:00am
Speakers call for maintaining peace during Muharram

Speakers call for maintaining peace during Muharram

A peace conference, held under the aegis of World Council of Religion, emphasised the need to eliminate sectarian violence and maintain peace during the holy month of Muharram-ul-Haram. The council organised a moot with a title "Unity for Peace Conference
Published 15 Sep, 2017 12:00am
Yuan extends losses

Yuan extends losses

China's yuan extended its losses against the dollar on Thursday, and is set for the fifth straight day in the red, after the central bank lowered its official guidance to its weakest level in nearly two weeks. The direction of the Chinese currency, down a
Published 15 Sep, 2017 12:00am
Juncker says 'hard Brexit' unlikely

Juncker says 'hard Brexit' unlikely

European Commission President Jean-Claude Juncker said on Thursday he did not envisage Britain leaving the EU in 2019 without a deal for future trade ties in a so-called "hard Brexit". During a question and answer session with young YouTube users, Juncker
Published 15 Sep, 2017 12:00am
Russia launches massive war games on Nato's eastern flank

Russia launches massive war games on Nato's eastern flank

Russia on Thursday began huge joint military exercises with Belarus along the European Union's eastern flank in a show of strength that has rattled nervous Nato members. Named Zapad-2017 (West-2017), the manoeuvres are scheduled to last until September 20
Published 15 Sep, 2017 12:00am
Record rain as typhoon batters southern Japanese islands

Record rain as typhoon batters southern Japanese islands

A strong typhoon lashed islands in southern Japan Thursday, packing gusts of up to 252 kilometres an hour and leaving thousands without power as it headed towards the mainland. Authorities warned of landslides and high waves as Typhoon Talim battered the
Published 15 Sep, 2017 12:00am
Ronaldo back in style for Real, Spurs end Wembley jinx

Ronaldo back in style for Real, Spurs end Wembley jinx

Cristiano Ronaldo grabbed a brace on his return from suspension for Real Madrid, as Tottenham Hotspur ended their Wembley jinx and Liverpool were held on their Champions League comeback on Wednesday. Real have sorely missed their Portuguese superstar as h
Published 15 Sep, 2017 12:00am
Ashes consistency key for Root's England: Vaughan

Ashes consistency key for Root's England: Vaughan

Joe Root's greatest challenge on his first Ashes tour as captain will be to improve consistency and England must hit the ground running in Australia, former skipper Michael Vaughan told AFP. England, fresh from home series wins against South African and t
Published 15 Sep, 2017 12:00am
Defence Day Age Group Squash: Rashid, Noor, Yasin, Humam win titles

Defence Day Age Group Squash: Rashid, Noor, Yasin, Humam win titles

Rashid Daulat, Noor Zaman, Yasin Khattak and Humam Ahmad clinched the their respective titles in the Khyber Pakhtunkhwa Junior Defence Day Age Group Squash Championship played here at PAF Hashim Khan Squash Complex on Thursday. Group Captain Amir Nawaz, D
Published 15 Sep, 2017 12:00am
Almost $5 billion spent in transfer window: FIFA

Almost $5 billion spent in transfer window: FIFA

The close-season transfer window saw $4.71 billion (3.96 billion euros) spent worldwide, over three quarters of which were from the top five European leagues, FIFA announced on Thursday. Paris Saint-Germain's world-record signing of Neymar from Barcelona
Published 15 Sep, 2017 12:00am
Australian swimmer banned for doping rule breach

Australian swimmer banned for doping rule breach

Australian Olympic swimmer Jarrod Poort has been banned for 12 months for failing to make himself available for doping tests, officials said Thursday. Poort, who swam in the 1500m at the 2012 London Olympics but switched to the open water events at Rio la
Published 15 Sep, 2017 12:00am
Jazz rising stars cricket talent hunt concludes

Jazz rising stars cricket talent hunt concludes

Jazz Rising stars, the award winning movement that showcased Pakistan's cricketing talent to the world, recently completed 5 city trials for its second season. These trials were held in Mirpur, Muzaffarabad, Rawalpindi, Sargodha and Layyah. Under this cri
Published 15 Sep, 2017 12:00am
Winter Games unveils schedule as ticket sales flag

Winter Games unveils schedule as ticket sales flag

Winter Olympic chiefs Thursday unveiled the official schedule of the 2018 Pyeonchang Games in South Korea, saying the programme would help turn around sluggish ticket sales. Organisers have admitted sales have been slower than expected, with international
Published 15 Sep, 2017 12:00am
Trophy of FATA Football Super League-2017 unveiled

Trophy of FATA Football Super League-2017 unveiled

The grand unveiling ceremony of the FATA Football Super League-2017 held at a local hotel in Islamabad with seven international footballers from three different countries of the world will be taking part in the event to be commencing at Qayyum Sports Comp
Published 15 Sep, 2017 12:00am
Second seed Zhang beaten by qualifier in Tokyo

Second seed Zhang beaten by qualifier in Tokyo

China's Zhang Shuai became the latest seed to exit the Japan Women's Open on Thursday when she was ambushed by Kazakh qualifier Zarina Diyas. The 23-year-old Diyas, ranked 72 places below Zhang at 100th in the world, thrashed the second seed 6-4, 6-2 in T
Published 15 Sep, 2017 12:00am
Aussie jumps

Aussie jumps

The Australian dollar jumped on Thursday as local jobs data blew past all expectations and helped offset strength in its US counterpart, though there was still scant sign of the inflationary pressure that might push up interest rates. The New Zealand doll
Published 15 Sep, 2017 12:00am
Sterling steadies

Sterling steadies

Sterling steadied just above $1.32 on Thursday, having pulled away from a one-year high the previous day, as traders waited for clues from the Bank of England on whether it might soon lift interest rates from record lows. The BoE will publish its latest p
Published 15 Sep, 2017 12:00am
Most Asian currencies slip

Most Asian currencies slip

Most emerging Asian currencies slipped on Thursday as the dollar held steady near a four-week high against the yen ahead of the US consumer inflation data later in the day. Nath Wongsaroj, corporate treasury trader at Mizuho Bank, said Asian markets were
Published 15 Sep, 2017 12:00am
Sri Lankan rupee slips

Sri Lankan rupee slips

The Sri Lankan rupee ended marginally lower on Thursday as dollar demand from banks and importers surpassed selling of the greenback by exporters, dealers said. The spot rupee, which was traded at 153.15/25 per dollar during the day, ended at 152.95/153.0
Published 15 Sep, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Thursday 80.73-80.73 (previous 80.70-80.70).
Published 15 Sep, 2017 12:00am
Government, corporate supply lift US bond yields

Government, corporate supply lift US bond yields

US Treasury yields rose on Wednesday with 10-year yield reaching a 2-1/2 week high as investors reduced their bond holdings to make room for this week's government and corporate debt supply. A recovery of stock prices on Wall Street the prior two sessions
Published 15 Sep, 2017 12:00am
Hong Kong stocks fall

Hong Kong stocks fall

Hong Kong stocks fell on Thursday, as a flurry of soft China data rekindled concerns the country's economy could start to lose some steam. The Hang Seng index fell 0.4 percent, to 27,777.20, while the China Enterprises Index lost 0.8 percent, to 11,101.14
Published 15 Sep, 2017 12:00am
Government, corporate supply lift US bond yields

Government, corporate supply lift US bond yields

US Treasury yields rose on Wednesday with 10-year yield reaching a 2-1/2 week high as investors reduced their bond holdings to make room for this week's government and corporate debt supply. A recovery of stock prices on Wall Street the prior two sessions
Published 15 Sep, 2017 12:00am
Shanghai shares ease

Shanghai shares ease

Shanghai stocks fell on Thursday, snapping a brief foray into 20-month highs, after data showed the world's second-largest economy may be starting to lose some steam as lending costs rise. The blue-chip CSI300 index fell 0.3 percent, to 3,829.96 points, w
Published 15 Sep, 2017 12:00am
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