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Nov 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-09-23
State Bank of Pakistan conversion rates
Exchange

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 23 Sep, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 23 Sep, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 23 Sep, 2017 12:00am
Shrunken Matt Damon in 'Downsizing'

Shrunken Matt Damon in 'Downsizing'

Alexander Payne's "Downsizing" a satire about shrinking humans to five inches tall as a solution to over-population and global warming. The movie, starring Matt Damon and Kristen Wiig, tells the story of financially-strapped occupational therapist Paul Sa
Published 23 Sep, 2017 12:00am
BRIDGE NOTES: Skill at every stage

BRIDGE NOTES: Skill at every stage

In Bridge, the player's mettle is tested at every stage - whether in bidding, play or defense. See if you can match your skill with that of a British expert who showed great skill in making the little slam of 6H at the 1978 Camrose International Trials ho
Published 23 Sep, 2017 12:00am
Gyllenhaal taps courage of Boston bombing survivor for 'Stronger'

Gyllenhaal taps courage of Boston bombing survivor for 'Stronger'

Jake Gyllenhaal put his "heart and soul" into "Stronger", a film about Jeff Bauman, who lost his legs in the 2013 Boston Marathon bombing, and in the process found inspiration and a special kinship with Bauman. Based on Bauman's memoir by the same name, t
Published 23 Sep, 2017 12:00am
Horror maestro Jason Blum on scares in the age of austerity

Horror maestro Jason Blum on scares in the age of austerity

Call most people cheap and you might expect a slap in the face, but horror filmmaking legend Jason Blum wears his parsimony like a badge of honor. From "Paranormal Activity' in 2007 to this year's critically-acclaimed "Get Out," the 48-year-old producer h
Published 23 Sep, 2017 12:00am
A sinister Pennywise returns with a big dose of nostalgia in "It"

A sinister Pennywise returns with a big dose of nostalgia in "It"

It has been 27 years since a deranged killer clown terrorized a town on the small screen in "It" and ushered in a generation's fear of clowns. Now, Stephen King's Pennywise the child-eating clown is back, with bloodier teeth and a fresh set of victims. "I
Published 23 Sep, 2017 12:00am
Peace ... peace... peace

Peace ... peace... peace

Let me begin by stating reality: blood, bullets and terror. A day without the daily dose of gunshots feels like an unusual occurrence. I do not want to tell you a lie or give a misleading impression because I have already suffered the consequences of many
Published 23 Sep, 2017 12:00am
Woes of old parents

Woes of old parents

A tendency is now growing in our educated young boys and girls, who after a few months of their marriage, feel that the old parents have now lost their utility. They are a hurdle in their living. If any old parent happens to be dependent on the sons, they
Published 23 Sep, 2017 12:00am
Light up hope, light up gold

Light up hope, light up gold

Healthy child is a blessing to his home as well as society. Playful and cheerful children with normal physical and mental development is a dream of all parents. However, diagnosis of life threatening childhood illness such as cancer can be of significant
Published 23 Sep, 2017 12:00am
Microflats attract investor cash as millennials embrace co-living

Microflats attract investor cash as millennials embrace co-living

Millennials priced out of London's traditional housing market are opting to rent tiny apartments in so-called "co-living" developments, a fast-growing area that private investors and venture capital are eager to tap into. Investors have put more than 1 bi
Published 23 Sep, 2017 12:00am
Dutch 360-degree beachfront painting gets public facelift

Dutch 360-degree beachfront painting gets public facelift

Perched on a platform up in the air, two restorers are vacuuming the "sky". A quick wipe from a sponge follows and then a touch-up with a pencil. Little by little, the enormous clouds above The Hague are returning to their original colour. Every two decad
Published 23 Sep, 2017 12:00am
Elusive emotions

Elusive emotions

Amber Arifeen's paintings delve deeply in women's lives especially about identity crisis that has been faced by women around the world and also afflict women in our society. In an exhibition at Alliance Française de Karachi Amber used the female forms and
Published 23 Sep, 2017 12:00am
ART FACTS: Lost conversations and gestures

ART FACTS: Lost conversations and gestures

Julius John Alam endeavours to recollect lost conversations and gestures of our society. He tried to achieve this goal through the art exhibits titled "Orison of Kenosis" at Sanat Gallery, Karachi. The presentation consists of two separate exhibits each h
Published 23 Sep, 2017 12:00am
Distraction isn't only way virtual reality might ease pain

Distraction isn't only way virtual reality might ease pain

Virtual reality games might help ease pain not just by distracting players from what ails them, but also by triggering changes in the brain, a recent research review suggests. Distraction may indeed play a role in pain relief, the review of six small stud
Published 23 Sep, 2017 12:00am
Energy-efficient green buildings may emit hazardous chemicals

Energy-efficient green buildings may emit hazardous chemicals

Newly renovated low-income housing units in Boston earned awards for green design and building but flunked indoor air-quality tests, a new study shows. Researchers found potentially carcinogenic levels of toxic chemicals in the remodeled homes before and
Published 23 Sep, 2017 12:00am
Karachi Chronicle: Police goons

Karachi Chronicle: Police goons

On Tuesday 12 September Police thrashed teachers protesting about non-payment of their salaries since 2012. It was disgraceful. Teachers were manhandled, dragged by their legs, their clothes ripped, by the brutal baton charge and high-velocity stream from
Published 23 Sep, 2017 12:00am
Asian central banks hold their own after Fed signals stimulus rollback

Asian central banks hold their own after Fed signals stimulus rollback

As the Federal Reserve signals an end to its decade of unconventional monetary stimulus, divergence between the policies of the US and Asian central banks is growing, a stark contrast to an era when regional rate moves closely tracked the United States. T
Published 23 Sep, 2017 12:00am
Venezuela says it has paid 2027 bond coupon

Venezuela says it has paid 2027 bond coupon

Venezuela said on Wednesday it had transferred funds for a payment due last week on its sovereign bond maturing in 2027, and reiterated pledges to honour all debt commitments following reports that the coupon payment was delayed. Venezuela is facing furth
Published 23 Sep, 2017 12:00am
Venezuela says it has paid 2027 bond coupon

Venezuela says it has paid 2027 bond coupon

Venezuela said on Wednesday it had transferred funds for a payment due last week on its sovereign bond maturing in 2027, and reiterated pledges to honour all debt commitments following reports that the coupon payment was delayed. Venezuela is facing furth
Published 23 Sep, 2017 12:00am
Economists see BoE mistake in cutting rates now

Economists see BoE mistake in cutting rates now

The Bank of England will raise interest rates for the first time in a decade at its next meeting, a Reuters poll of economists showed on Wednesday, with a large majority saying such a move would be a mistake. A swathe of economists in the polls completely
Published 23 Sep, 2017 12:00am
Lebanese constitutional council annuls law raising taxes

Lebanese constitutional council annuls law raising taxes

Lebanon's constitutional council decided on Friday to annul a tax law that was passed by parliament to finance a $917 million public sector pay rise, a package that had attracted concern from economists. The law included increases in value-added tax, corp
Published 23 Sep, 2017 12:00am
Quercus plans 500 millions euro-plus Iran solar project

Quercus plans 500 millions euro-plus Iran solar project

Specialist renewable energy investor Quercus will invest over half a billion euros in a solar power project in Iran, with construction to start in the first half of 2018, the company's chief executive told Reuters. The planned 600-megawatt (MW) plant, loc
Published 23 Sep, 2017 12:00am
Mercedes pumps 1 billion euros into US e-car plant

Mercedes pumps 1 billion euros into US e-car plant

German luxury carmaker Mercedes-Benz said Thursday it would invest $1 billion in an Alabama factory as it prepares for electric vehicle production in the United States. "We are significantly growing our manufacturing footprint here in Alabama... We will b
Published 23 Sep, 2017 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, the total traded value of Metals, Energy and COTS/FX was recorded at PKR 5.176 billion and the number of lots traded was 9,424. PMEX Commodity Index closed at 2,987. Major business was contributed by go
Published 23 Sep, 2017 12:00am
US Midwest soyabean bids fall

US Midwest soyabean bids fall

Soyabean spot basis bids fell by 6 cents per bushel at a closely tracked processing plant in Decatur, Illinois, on Wednesday and also declined at Indiana and Iowa processors, pressured by the early harvest and expectations supplies will soon swell. Soya b
Published 23 Sep, 2017 12:00am
US FOB Gulf soyabean bids firm on strong demand

US FOB Gulf soyabean bids firm on strong demand

Basis bids for soyabeans shipped by barge to the US Gulf Coast were firm on Wednesday on strong export demand and light farmer sales, while export premiums held mostly steady, traders said. Chinese importers have stepped up purchases of US soyabeans for s
Published 23 Sep, 2017 12:00am
US natural gas futures slip on falling demand

US natural gas futures slip on falling demand

US natural gas futures slid on Wednesday amid production increases and forecasts for less cooling demand next week. Front-month gas futures fell 2.8 cents, or 0.9 percent, to settle at $3.094 per million British thermal units. Thomson Reuters projected US
Published 23 Sep, 2017 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 115,130 tonnes of cargo comprising 87,400 tonnes of import cargo and 27,730 tonnes of export cargo including 4,833 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 87,4
Published 23 Sep, 2017 12:00am
Cotton prices higher on strong demand
Cotton

Cotton prices higher on strong demand

Persistent demand pushed prices further higher on the cotton market on Friday, dealers said. The official spot rate was up by Rs 50 to Rs 6100, they said. In ready, business, nearly 20,000 bales of cotton changed hands between Rs 5900-6300, they said. In
Published 23 Sep, 2017 12:00am
European wheat extends gains on bargain buying
Exchange

European wheat extends gains on bargain buying

European wheat extended gains recorded in the previous session on Wednesday, supported by bargain buying by industry players as prices have fallen near production costs, traders said. However, activity remained low with small volumes traded. December mill
Published 23 Sep, 2017 12:00am
Equifax under pressure from banks to shape up
Exchange

Equifax under pressure from banks to shape up

US consumer credit reporting bureau Equifax Inc risks losing support from banks unless it can show its database on millions of borrowers is secure from another cyber-attack. Banks are critical to Equifax's operations as they give the company information o
Published 23 Sep, 2017 12:00am
S&P lowers Hong Kong credit rating

S&P lowers Hong Kong credit rating

Standard & Poor's on Friday slashed Hong Kong's top-notch credit rating, a day after lowering China's, warning of potential spillover risks the mainland's ballooning debt pile. S&P, which said the semi-autonomous city had "very strong institutional and po
Published 23 Sep, 2017 12:00am
S&P lowers Hong Kong credit rating

S&P lowers Hong Kong credit rating

Standard & Poor's on Friday slashed Hong Kong's top-notch credit rating, a day after lowering China's, warning of potential spillover risks the mainland's ballooning debt pile. S&P, which said the semi-autonomous city had "very strong institutional and po
Published 23 Sep, 2017 12:00am
Eurozone businesses race ahead, point to strong growth

Eurozone businesses race ahead, point to strong growth

Eurozone private businesses ended the third quarter growing much more strongly than predicted, bolstered by manufacturers, according to a survey which showed the momentum should carry on into October. That energy, alongside rising inflationary pressures,
Published 23 Sep, 2017 12:00am
Budget airlines to drive plane demand in next 20 years: Boeing

Budget airlines to drive plane demand in next 20 years: Boeing

Smaller planes will dominate aviation orders worldwide in the next 20 years, driven by the needs of budget airlines in emerging markets like Southeast Asia, Boeing said Friday. Nearly three in four of the 41,030 new commerical planes expected to be delive
Published 23 Sep, 2017 12:00am
US, EU sign deal to streamline insurance regulation
Exchange

US, EU sign deal to streamline insurance regulation

Authorities from the United States and the European Union will sign an agreement Friday that was 20 years in the making to streamline regulations on international insurance and reinsurance companies, and free up capital for investments.
Published 23 Sep, 2017 12:00am
Indonesia cuts key rate again

Indonesia cuts key rate again

Indonesia's central bank on Friday cut its main interest rate for the second consecutive month, wrongfooting most analysts as it seeks to support sluggish lending and consumption holding back growth in Southeast Asia's biggest economy.
Published 23 Sep, 2017 12:00am
'Surveillance-proof' smartphone unveiled

'Surveillance-proof' smartphone unveiled

For Russians who fear that someone may be eavesdropping on their phone conversations, leading IT entrepreneur Natalya Kaspersky says she has a solution. At a business forum in Moscow on Friday she presented "TaigaPhone", a brand new smartphone created by
Published 23 Sep, 2017 12:00am
Russia floats out powerful nuclear icebreaker

Russia floats out powerful nuclear icebreaker

Russia on Friday held a launching ceremony for a powerful nuclear icebreaker, called Sibir (Siberia), in its drive to prepare a fleet for navigating the Northern Passage and hauling goods, particularly energy, to Asian markets. The massive new ship measur
Published 23 Sep, 2017 12:00am
Saudi Arabia to implement bankruptcy law in early 2018

Saudi Arabia to implement bankruptcy law in early 2018

Saudi Arabia will begin implementing a new bankruptcy law early next year as part of efforts to attract foreign investment and encourage private sector activity, Saudi-owned broadcaster Al Arabiya reported citing the kingdom's commerce minister. Under cur
Published 23 Sep, 2017 12:00am
Alstom in talks with Siemens on rail tie-up

Alstom in talks with Siemens on rail tie-up

French transport company Alstom, maker of high-speed trains, said Friday it was in talks with Germany's Siemens over a possible railway sector tie-up. Following media reports that both companies were planning to merge their rail activities, the company co
Published 23 Sep, 2017 12:00am
Germany limits export guarantees for Turkey trade amid rift

Germany limits export guarantees for Turkey trade amid rift

The German government has capped the amount of "Hermes" export guarantees it provides for trade with Turkey at 1.5 billion euros ($1.80 billion), a foreign ministry spokesman said on Friday, as a rift between the two Nato powers deepens.
Published 23 Sep, 2017 12:00am
Macron enacts contested labour reforms

Macron enacts contested labour reforms

President Emmanuel Macron on Friday signed sweeping changes to France's complex labour code into law, ramming through a landmark reform four months into his administration despite protests from hardline unions.
Published 23 Sep, 2017 12:00am
Tokyo stocks snap four-day winning streak

Tokyo stocks snap four-day winning streak

Tokyo stocks snapped a four-day winning streak Friday as investors cashed in on recent gains with worries over North Korea returning to the trading floor. The market turned increasingly cautious as US President Donald Trump and North Korean leader Kim Jon
Published 23 Sep, 2017 12:00am
Friday's early afternoon trade: stocks little changed

Friday's early afternoon trade: stocks little changed

US stocks were little changed in early afternoon trading on Friday as losses in healthcare and technology stocks were evened out by gains in energy and industrial stocks. Uncertainty over the healthcare bill took a toll on health insurers with UnitedHealt
Published 23 Sep, 2017 12:00am
Hong Kong shares post biggest loss in one month

Hong Kong shares post biggest loss in one month

Hong Kong stocks posted their worst decline in a month on Friday, erasing much of the week's gains, as investors trimmed positions following S&P's downgrade of China's sovereign credit rating and North Korea's nuclear threats. The US Federal Reserve's pla
Published 23 Sep, 2017 12:00am
Treasury yield curve flattest since July

Treasury yield curve flattest since July

The US Treasury yield curve flattened to two-and-a-half month lows on Thursday as investors adjusted for the likelihood of a December interest rate increase, a day after the Federal Reserve struck a more-hawkish-than-expected tone at its September meeting
Published 23 Sep, 2017 12:00am
Treasury yield curve flattest since July

Treasury yield curve flattest since July

The US Treasury yield curve flattened to two-and-a-half month lows on Thursday as investors adjusted for the likelihood of a December interest rate increase, a day after the Federal Reserve struck a more-hawkish-than-expected tone at its September meeting
Published 23 Sep, 2017 12:00am
Indian shares lower; banks fall

Indian shares lower; banks fall

Indian shares ended lower for a fourth straight session on Friday, weighed down by banking stocks, as the government's plan for $7.7 billion stimulus spending raised concerns over fiscal deficit. The broader NSE index closed down 1.56 percent at 9,964.40,
Published 23 Sep, 2017 12:00am
Regulator vows crackdown on capital market misbehaviour

Regulator vows crackdown on capital market misbehaviour

China's top securities regulator has vowed to crack down hard on misbehavior including market manipulation, insider trading and collusion with "big crocodiles" in the country's capital markets. In a statement on Friday on its website, the China Securities
Published 23 Sep, 2017 12:00am
China stocks pare losses over S&P move and North Korea

China stocks pare losses over S&P move and North Korea

China stocks on Friday recouped most of their early losses as investors played down S&P's downgrade of China's sovereign rating and North Korea's threat of another nuclear test. Investors appear to expect that Beijing will maintain stability in financial
Published 23 Sep, 2017 12:00am
Australian shares higher

Australian shares higher

Australian shares snapped three sessions of losses to rise 0.5 percent on Friday, thanks to strength in financial stocks, while New Zealand shares reversed losses to finish the session 0.3 percent higher ahead of Saturday's general elections. The S&P/ASX
Published 23 Sep, 2017 12:00am
Sterling slide sends FTSE to one-week high as Brexit speech disappoints

Sterling slide sends FTSE to one-week high as Brexit speech disappoints

Britain's major share index surged in afternoon trading on Friday as Prime Minister May's speech in Florence disappointed currency traders, sending the pound sliding. The blue chip FTSE 100 jumped 0.6 percent to its highest in a week as sterling slipped,
Published 23 Sep, 2017 12:00am
Dollar dips in Asia

Dollar dips in Asia

The dollar buckled on Friday as tensions simmered on the Korean peninsula, though the sharp divergence between US and Japanese monetary policy kept the greenback on track for a winning week against the yen. The dollar index, which tracks the US unit again
Published 23 Sep, 2017 12:00am
North Korea nerves knock dollar against yen in Europe

North Korea nerves knock dollar against yen in Europe

The dollar buckled against the yen on Friday as tensions simmered on the Korean peninsula, though the sharp divergence between US and Japanese monetary policy kept the greenback on track for a winning week against the yen North Korea said on Friday it mig
Published 23 Sep, 2017 12:00am
Early trade in New York: dollar slips against yen
Exchange

Early trade in New York: dollar slips against yen

The dollar slipped against the yen on Friday, with tensions simmering on the Korean peninsula and as the boost from heightened expectations of a US interest rate hike in December faded. The dollar was down 0.39 percent at 112.02 yen, on pace to snap a fiv
Published 23 Sep, 2017 12:00am
Dollar retreats in NY as post-Fed meeting glow fades

Dollar retreats in NY as post-Fed meeting glow fades

The dollar weakened against a basket of currencies on Thursday, pulling back from a more than two-week peak as bets stoked by the Federal Reserve signalling it may raise interest rates in December abated. The dollar index, which tracks the greenback again
Published 23 Sep, 2017 12:00am
Sri Lankan rupee weakens

Sri Lankan rupee weakens

The Sri Lankan rupee ended slightly weaker on Friday as dollar demand from importers outpaced selling of the US currency by exporters, dealers said. The spot rupee ended at 152.70/80 per dollar, compared with Thursday's close of 152.65/75. "There was comm
Published 23 Sep, 2017 12:00am
Asian forex: won slips as North Korea hints at Pacific nuke test

Asian forex: won slips as North Korea hints at Pacific nuke test

The South Korean won staggered on Friday and headed for its third week of losses on renewed North Korean fears, while the Indian rupee fell to a 5-month low on concerns the government may need to borrow more to boost growth. North Korea said on Friday it
Published 23 Sep, 2017 12:00am
China's yuan up

China's yuan up

China's yuan firmed against the US dollar on Friday as the greenback pared gains made following the Federal Reserve's hawkish policy statement and as investors took the latest Chinese sovereign rating downgrade in their stride. However, the Chinese curren
Published 23 Sep, 2017 12:00am
Sterling hovers below $1.36

Sterling hovers below $1.36

Sterling traded within a tight range against the dollar on Friday while investors waited for a speech by British Prime Minister Theresa May in which she is expected to try to rescue stalled Brexit talks. Investors will watch to see if May can offer enough
Published 23 Sep, 2017 12:00am
Aussie, kiwi down

Aussie, kiwi down

The Australian dollar extended losses to touch a 3-week trough on Friday, hurt by falling metals and iron ore prices, while its New Zealand cousin drifted further away from the 1-1/2 month peak touched earlier this week. The Australian dollar went as low
Published 23 Sep, 2017 12:00am
Top trio threaten marathon record in Berlin

Top trio threaten marathon record in Berlin

The current top long-distance runners will clash in Germany's capital on Sunday with a trio, spearheaded by Olympic champion Eliud Kipchoge, threatening the world record at the Berlin Marathon. Kenya's Kipchoge, 32, and Wilson Kipsang, 35, take on Ethiopi
Published 23 Sep, 2017 12:00am
Multan Sultans unveil logo, kit

Multan Sultans unveil logo, kit

Multan Sultans - the sixth franchise of the Pakistan Super League (PSL) stormed into the PSL circuit in style, as it unveiled its kit designed on a classy color theme and the logo to much hype and excitement in an impressive ceremony. The level of excitem
Published 23 Sep, 2017 12:00am
Bangladesh's Rubel flies to South Africa after ID mix-up

Bangladesh's Rubel flies to South Africa after ID mix-up

Bangladesh fast bowler Rubel Hossain flew out to join the tour of South Africa on Friday after his departure was delayed by a bizarre case of mistaken identity involving a look-a-like namesake with a criminal record. Rubel departed nearly a week late afte
Published 23 Sep, 2017 12:00am
Winter Olympics: heavyweights Austria warn of escalating tensions

Winter Olympics: heavyweights Austria warn of escalating tensions

Winter Olympic heavyweights Austria warned Friday they would not take part in the 2018 Games in South Korea should there be an escalation in tensions over North Korea's atomic weapons programme. Karl Stoss, head of Austria's national Olympic committee, sa
Published 23 Sep, 2017 12:00am
Markram to make Test debut for South Africa

Markram to make Test debut for South Africa

Former South Africa Under-19 captain Aiden Markram will make his Test debut in the first Test against Bangladesh, starting in Potchefstroom next Thursday. Markram, 22, will open the batting with Dean Elgar in place of Heino Kuhn, who struggled during Sout
Published 23 Sep, 2017 12:00am
Merciless Muguruza powers into Tokyo semis
Kerb

Merciless Muguruza powers into Tokyo semis

Newly crowned world number one Garbine Muguruza trounced France's Caroline Garcia 6-2, 6-4 on Friday to reach the semi-finals of the Pan Pacific Open. Earlier, former number one Angelique Kerber won a war of attrition with second seed Karolina Pliskova to
Published 23 Sep, 2017 12:00am
Itinerary of Pak-NZ women cricket series

Itinerary of Pak-NZ women cricket series

The Pakistan Cricket Board (PCB) has announced the itinerary of New Zealand women cricket team's tour to UAE to play three ODIs and four T20Is against Pakistan women's team. The PCB will be hosting the New Zealand Women cricket team for the ICC Women Cric
Published 23 Sep, 2017 12:00am
Islamabad Model School win Wapda T-12 tournament

Islamabad Model School win Wapda T-12 tournament

Islamabad Model School for Boys, Jhang Syedan won Wapda T-12 Schools Cricket Tournament, defeating Beacon House School System in final of the tournament, played on Friday. Bating first, Islamabad Model School for Boys, Jhang Syedan set a target of 149 run
Published 23 Sep, 2017 12:00am
Iraq Kurd head resists pressure to scrap independence vote

Iraq Kurd head resists pressure to scrap independence vote

Iraqi Kurdish leader Massud Barzani insisted Friday that a controversial September 25 independence referendum for his autonomous Kurdish region in northern Iraq will go ahead, even as last-minute negotiations aimed to change his mind. Iraq's Kurds have fa
Published 23 Sep, 2017 12:00am
Iraq forces oust IS from northern town in drive on Hawija

Iraq forces oust IS from northern town in drive on Hawija

Iraqi forces achieved the first goal of a new offensive against the Islamic State group on just its second day Friday, capturing the northern town of Sharqat, a military source said. "The town of Sharqat is in our hands. There are still some villages arou
Published 23 Sep, 2017 12:00am
Teenager charged over London Underground attack

Teenager charged over London Underground attack

British police said Friday they had charged an 18-year-old man with attempted murder following last week's bombing of a London Underground train, which injured 30 people. Ahmed Hassan, who was arrested the morning after the attack on September 15, was als
Published 23 Sep, 2017 12:00am
UN needs $200 millions for 'catastrophic' Rohingya influx

UN needs $200 millions for 'catastrophic' Rohingya influx

The United Nations will need $200 million over the next six months to face the "catastrophic" influx of more than 420,000 Rohingya refugees to Bangladesh, a top UN official said Friday. The Rohingya Muslims, escaping ethnic unrest in Myanmar, have overwhe
Published 23 Sep, 2017 12:00am
Syrian opposition activist, daughter 'assassinated in Istanbul'

Syrian opposition activist, daughter 'assassinated in Istanbul'

A veteran Syrian opposition activist and her journalist daughter were found stabbed to death at their apartment in Istanbul, Turkish reports on Friday, in a crime supporters decried as an "assassination" to avenge their work. Friends raised the alarm afte
Published 23 Sep, 2017 12:00am
Reporter beaten to death in India

Reporter beaten to death in India

Indian authorities must conduct a thorough investigation into the death of Shantanu Bhowmik, a reporter for the local Bengali-language Dinraat news channel, and bring those responsible to justice, the Committee to Protect Journalists said yesterday.
Published 23 Sep, 2017 12:00am
21 dead as migrant boat sinks off Turkey's Black Sea coast

21 dead as migrant boat sinks off Turkey's Black Sea coast

Twenty-one people drowned and up to 15 more were missing on Friday after a fishing boat carrying migrants sank off Turkey's Black Sea coast, the coast guard said. Forty migrants were rescued but search and rescue efforts were still under way to find seven
Published 23 Sep, 2017 12:00am
Rouhani vows to strengthen missiles despite US warnings

Rouhani vows to strengthen missiles despite US warnings

President Hassan Rouhani vowed on Friday that Iran would boost its missile capabilities despite warnings from Washington that it is ready to ditch a landmark nuclear deal over the issue. His comments came as Iran displayed a new missile at a military para
Published 23 Sep, 2017 12:00am
Serbian independent media clashes with government

Serbian independent media clashes with government

Serbian independent media has clashed with the government over a minister's luxury apartment purchase and the closure of a newspaper, drawing international warnings over the need for press freedom. Defence Minister Aleksandar Vulin came under fire from in
Published 23 Sep, 2017 12:00am
Russia unveils controversial Stalin bust

Russia unveils controversial Stalin bust

A bronze bust of Joseph Stalin was unveiled in Moscow on Friday amid increasing concerns in Russia that the authorities are seeking to whitewash the Soviet dictator's crimes. Stalin's sculpture - along with those of major Soviet leaders like Vladimir Leni
Published 23 Sep, 2017 12:00am
War of words ratchets up between Kim and Trump
Exchange

War of words ratchets up between Kim and Trump

An escalating war of words between Donald Trump and Kim Jong-Un ratcheted up a notch on Friday as the US president dubbed North Korea's leader a "madman," a day after the reclusive regime hinted it may explode a hydrogen bomb over the Pacific Ocean. Hours
Published 23 Sep, 2017 12:00am
Copper, nickel slide
Exchange

Copper, nickel slide

Nickel slid 5 percent to a five-week low on Friday after trading fees were raised in China to dampen speculation and steel prices dropped with other metals as investors shunned risky assets after more North Korean tensions. Ongoing jitters about Chinese d
Published 23 Sep, 2017 12:00am
Oil climbs nearly one percent as Opec defers extension of output cuts

Oil climbs nearly one percent as Opec defers extension of output cuts

Oil prices ended nearly 1 percent higher on Friday, close to their highest levels in months, as major producers meeting in Vienna said they may wait until January before deciding whether to extend output curbs beyond the first quarter. "I believe that Jan
Published 23 Sep, 2017 12:00am
Tokyo rubber rises
Exchange

Tokyo rubber rises

Benchmark Tokyo rubber futures snapped five sessions of declines to edge higher on Friday as investors unwound short positions ahead of the weekend, but still posted their biggest weekly drop in three months. The Tokyo Commodity Exchange (TOCOM) rubber co
Published 23 Sep, 2017 12:00am
Cotton moves up
Cotton

Cotton moves up

ICE cotton inched up on Friday as investors covered their shorts on colder weather forecasts in top US producing region, Texas. "Prices have most likely edged up on some short covering ahead of rain (up to about 7 inches or 18 cm of accumulation) and unse
Published 23 Sep, 2017 12:00am
Gold gains in Asia

Gold gains in Asia

Gold rebounded from a four-week low on Friday as the latest twist in tensions between the United States and North Korea prompted investors to seek safe-haven assets. Spot gold was up 0.4 percent at $1,296.41 an ounce, as of 0643 GMT, having hit a four-wee
Published 23 Sep, 2017 12:00am
Gold rises in Europe

Gold rises in Europe

Gold recovered from a four-week low on Friday as investors sought a safe haven from geopolitical uncertainty caused by rising tensions between North Korea and the United States. Bullion is often used as a refuge in times of political or economic turbulenc
Published 23 Sep, 2017 12:00am
US MIDDAY: gold surges

US MIDDAY: gold surges

Gold edged up from the previous day's four-week low on Friday as the dollar fell and investors sought a safe haven from geopolitical uncertainty caused by rising tensions between North Korea and the United States. Bullion is often used as a refuge in time
Published 23 Sep, 2017 12:00am
PTI miserably failed in fulfilling electoral pledges, says JUI leader

PTI miserably failed in fulfilling electoral pledges, says JUI leader

Former Senator and JUI-F stalwart, Haji Ghulam Ali, has said that the PTI government had miserably failed in fulfilling electoral commitments regarding provision of health, education and other facilities to the people of the province. In a statement, he s
Published 23 Sep, 2017 12:00am
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