News Archives for Print - 2017-10-23

The Weather

The weather report on Sunday (October 22, 2017) and the forecast for Monday (October 23, 2017).

Published 23 Oct, 2017 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JANUARY TO JUNE 2017)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 23 Oct, 2017 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (October 16 to 20, 2017).

Published 23 Oct, 2017 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 23 Oct, 2017 12:00am

Huge spike in global carbon emissions linked to El Nino

A huge spike in carbon emissions seen in the past couple of years has puzzled scientists, since there was no evidence of a rise in human activities, like fossil fuel burning, that might explain it. But new satellite data shows that the weather phenomenon

Published 23 Oct, 2017 12:00am

Drive for giant new marine sanctuary in Antarctica

Australia and France kick off a fresh push on Monday to create a vast marine sanctuary in pristine East Antarctica, hoping to build on the success of landmark deal secured last year at a key annual conservation summit. The fate of the plan to shield criti

Published 23 Oct, 2017 12:00am

US approves second gene therapy against cancer

US regulators have approved a second form of gene therapy to fight cancer. The treatment, called Yescarta, is the first immunotherapy on the US market for certain kinds of non-Hodgkin lymphoma (NHL), a cancer that attacks the lymph nodes. Known as a chime

Published 23 Oct, 2017 12:00am

Scientists may have found a cause of dyslexia

A duo of French scientists said on Wednesday they may have found a physiological, and seemingly treatable, cause for dyslexia hidden in tiny light-receptor cells in the human eye. In people with the reading disability, the cells were arranged in matching

Published 23 Oct, 2017 12:00am

New H7N9 bird flu strain in China has pandemic potential

Lab experiments on a new strain of the H7N9 bird flu circulating in China suggest the virus can transmit easily among animals and can cause lethal disease, raising alarm that the virus has the potential to trigger a global human pandemic, researchers repo

Published 23 Oct, 2017 12:00am

Liver cancer linked to herbal remedies across Asia: study

Researchers have uncovered widespread evidence of a link between traditional Chinese herbal remedies and liver cancer across Asia, a study said on Wednesday. The findings suggest stronger measures are needed to prevent people from consuming chemicals call

Published 23 Oct, 2017 12:00am

Pollution claims 9 million lives worldwide in 2015: report

Pollution claimed the lives of nine million people in 2015, one in every six deaths that year, according to a report published on Friday. Almost all the deaths, 92 percent, happened in low- and middle-income countries, it said, with air pollution the main

Published 23 Oct, 2017 12:00am

Lower-income kids give more time to TV, digital media

Children in lower-income families spend more time watching TV and using electronic devices than kids in more affluent homes, according to a survey released Thursday. The report by the non-profit group Common Sense Media on the viewing habits of more than

Published 23 Oct, 2017 12:00am

Pricey high-tech features define new smartphone wars

The front lines of the battle for smartphone dominance over the coming years have grown clearer after Chinese technology firm Huawei presented an AI-powered phone designed to go head-to-head with Samsung and Apple. Features needed to propel a device into

Published 23 Oct, 2017 12:00am

Security flaw prompts fears on Wi-Fi connections

A newly discovered flaw in the widely used Wi-Fi encryption protocol could leave millions of users vulnerable to attacks, prompting warnings Monday from the US government and security researchers worldwide. The US government's Computer Emergency Response

Published 23 Oct, 2017 12:00am

Huawei bets on AI phone in challenge to Apple, Samsung

Chinese technology group Huawei unveiled its latest smartphone on October 16, talking up the advanced artificial intelligence capabilities it hopes will cement its place among the world's three biggest manufacturers. The Shenzhen-based group's new Mate 10

Published 23 Oct, 2017 12:00am

Intel working with Facebook on chips for AI

Intel chief Brian Krzanich said Tuesday his company is working on a super-fast chip designed specifically for artificial intelligence. The chipmaking giant is partnering with Facebook and other internet titans investing heavily in artificial intelligence

Published 23 Oct, 2017 12:00am

Toyota to test self-driving, talking cars by about 2020

Toyota Motor Corp on Monday said it would begin testing self-driving electric cars around 2020, which will use artificial intelligence (AI) to engage with drivers, as the company competes with tech firms to develop new vehicles. The car, whose concept mod

Published 23 Oct, 2017 12:00am

Netflix adds 5 million subscribers, doubles profit

Netflix said on October 16 it added some five million new subscribers over the past three months as profits doubled, in a quarterly update that sent shares of the streaming video giant higher. California-based Netflix ended the third quarter with more tha

Published 23 Oct, 2017 12:00am

Netflix adds 5 million subscribers, doubles profit

Netflix said on October 16 it added some five million new subscribers over the past three months as profits doubled, in a quarterly update that sent shares of the streaming video giant higher. California-based Netflix ended the third quarter with more tha

Published 23 Oct, 2017 12:00am

Self-taught, 'superhuman' AI now even smarter: makers

The computer that stunned humanity by beating the best mortal players at a strategy board game requiring "intuition" has become even smarter, its makers said October 18. Even more startling, the updated version of AlphaGo is entirely self-taught - a major

Published 23 Oct, 2017 12:00am

Google to offer stepped-up security for 'high risk' users

Google said on October 17 it would offer stronger online security for "high risk" users who may be frequent targets of online attacks. The US technology titan said anyone with a personal Google account can enroll in the new "advanced protection," while no

Published 23 Oct, 2017 12:00am

5G to account for a third of Europe's mobile market by 2025: GSMA study

More than 30 percent of Europe's mobile connections will be running on 5G networks by 2025, according to a new GSMA study. The 2017 Europe edition of the GSMA's Mobile Economy series, published October 17 at the GSMA Mobile 360 Series, Europe event in Bru

Published 23 Oct, 2017 12:00am

Daimler commits $118 million cash to help reshape company

Daimler has committed more than 100 million euros ($118 million) to help create separate legal entities for its Mercedes-Benz cars and Daimler Trucks divisions, a move that would facilitate an eventual break up of the German company. Daimler wants to crea

Published 23 Oct, 2017 12:00am

TSMC's Q3 net profit falls 7 percent on supply constraints

Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd (TSMC) on Thursday said supply-chain inventory constraints pulled down net profit in the third quarter, albeit by a lesser degree than analysts had estimated. The world's largest contract chipma

Published 23 Oct, 2017 12:00am

TSMC's Q3 net profit falls 7 percent on supply constraints

Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd (TSMC) on Thursday said supply-chain inventory constraints pulled down net profit in the third quarter, albeit by a lesser degree than analysts had estimated. The world's largest contract chipma

Published 23 Oct, 2017 12:00am

Qatar Islamic Bank Q3 profit up 10.9 percent

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, reported a 10.9 percent jump in third-quarter net profit on Wednesday, in line with analysts' forecasts, according to Reuters calculations. It made a net profit of 610.1

Published 23 Oct, 2017 12:00am

Qatar Islamic Bank Q3 profit up 10.9 percent

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, reported a 10.9 percent jump in third-quarter net profit on Wednesday, in line with analysts' forecasts, according to Reuters calculations. It made a net profit of 610.1

Published 23 Oct, 2017 12:00am

DAMAC Properties Q3 profit down

Dubai's DAMAC Properties , the owner and operator of the only Trump-branded golf club in the Middle East, reported a third consecutive profit decline on Wednesday as costs of sales rose. The developer's profit fell 20 percent in the July-September period

Published 23 Oct, 2017 12:00am

DAMAC Properties Q3 profit down

Dubai's DAMAC Properties , the owner and operator of the only Trump-branded golf club in the Middle East, reported a third consecutive profit decline on Wednesday as costs of sales rose. The developer's profit fell 20 percent in the July-September period

Published 23 Oct, 2017 12:00am

Currency

J.P. Morgan launches new payment network

J.P. Morgan Chase & Co said on Monday it launched a new payment processing network that uses blockchain technology, in partnership with Royal Bank of Canada and Australia and New Zealand Banking Group. Blockchain, a shared ledger of transactions maintaine

Published 23 Oct, 2017 12:00am

Currency

J.P. Morgan launches new payment network

J.P. Morgan Chase & Co said on Monday it launched a new payment processing network that uses blockchain technology, in partnership with Royal Bank of Canada and Australia and New Zealand Banking Group. Blockchain, a shared ledger of transactions maintaine

Published 23 Oct, 2017 12:00am

Scotiabank mulls sale of gold trading unit

Canada's Bank of Nova Scotia is exploring options for its gold business ScotiaMocatta, including a possible sale of the world's oldest gold trader, three sources familiar with the matter said on Wednesday. The Financial Times reported earlier on Wednesday

Published 23 Oct, 2017 12:00am

Currency

SAP profits miss forecasts as cloud shift inflates costs

SAP, Europe's most valuable technology company, missed market expectations for third-quarter profit as it invested heavily to shift business customers into cloud computing. The German software maker is in the midst of a transition to offering cloud-based

Published 23 Oct, 2017 12:00am

Currency

SAP profits miss forecasts as cloud shift inflates costs

SAP, Europe's most valuable technology company, missed market expectations for third-quarter profit as it invested heavily to shift business customers into cloud computing. The German software maker is in the midst of a transition to offering cloud-based

Published 23 Oct, 2017 12:00am

Tesla to raise pay by 30 percent at German division

Luxury electric car maker Tesla Inc and labour leaders at its German engineering unit have agreed a new pay structure that will raise workers' salaries by about 30 percent from current levels, the division's works council said. "We will now get to a compe

Published 23 Oct, 2017 12:00am

Mitsubishi Motors to seek growth in China, US

Mitsubishi Motors Corp said it plans to boost sales by 30 percent over three years, setting ambitious goals for growth in China and the United States as well as a comeback in Japan where has been hobbled by a mileage cheating scandal. Under the new three-

Published 23 Oct, 2017 12:00am

Pharma, medtech industries prepare for hard Brexit

Drugmakers and medical devices companies are drawing up plans to protect supply chains in case Britain crashes out of the European Union without a trade deal, and some small service businesses are already relocating to stay inside the bloc. MeddiQuest, an

Published 23 Oct, 2017 12:00am

Lower costs propel Saudi Arabia's NCB Q3 profit up

Saudi Arabia's National Commercial Bank (NCB), the kingdom's largest lender, reported a 8.4 percent rise in third-quarter net profit on Sunday, helped by a fall in expenses and provisions for bad loans. The bank made a net profit of 2.13 billion riyals ($

Published 23 Oct, 2017 12:00am

Lower costs propel Saudi Arabia's NCB Q3 profit up

Saudi Arabia's National Commercial Bank (NCB), the kingdom's largest lender, reported a 8.4 percent rise in third-quarter net profit on Sunday, helped by a fall in expenses and provisions for bad loans. The bank made a net profit of 2.13 billion riyals ($

Published 23 Oct, 2017 12:00am

Bangladesh approves purchase of rice from India

Bangladesh has approved the purchase of 100,000 tonnes of parboiled rice from India in a state-to-state deal at $455 a tonne, officials said on Sunday, as the government races to shore up depleted stocks and combat high prices. Traditionally the world's f

Published 23 Oct, 2017 12:00am

Currency

Venezuelans use bitcoin 'mining' to escape inflation

Inside a locked room in an office building in Caracas, 20 humming computers use their data-crunching power to mine bitcoins, an increasingly popular tool in the fight against Venezuela's hyperinflation. In warehouses, offices and homes, miners are using m

Published 23 Oct, 2017 12:00am

Exchange

China regulator fines hospital owner 100 million yuan for insider trading

China's securities regulator has imposed a fine of more than 100 million yuan ($15.11 million) on the owner of a hospital for insider trading, and confiscated a further 34 million yuan of his illegal gains. Liu Yuejun, the actual controller of the Red Cro

Published 23 Oct, 2017 12:00am

Bangladesh signs gasoil import deal with India

Bangladesh on Sunday signed a long-term sales and purchase agreement with an Indian refiner to import gasoil to meet the country's energy demand, officials said. The deal between Bangladesh Petroleum Corp (BPC) and Numaligarh Refinery Limited (NRL) was si

Published 23 Oct, 2017 12:00am

Hudson's Bay reassures German workers after Kaufhof CEO quits

Canadian retailer Hudson's Bay Co (HBC) sought to ease concern that the abrupt resignation of its chief executive could herald cuts at its struggling German department store chain Kaufhof. HBC said on Friday that outgoing CEO Gerald Storch was stepping do

Published 23 Oct, 2017 12:00am

Currency

Egypt says Bahrain, Kuwait and UAE to lift ban on its agriculture exports

Bahrain, Kuwait and the United Arab Emirates have agreed to lift a ban on imports of Egyptian agricultural products, Egypt said on Sunday, as the country works to step up exports to narrow its budget deficit. The agreement came after a series of meetings

Published 23 Oct, 2017 12:00am

Airbus turmoil overshadows bid to rescue CSeries

Airbus's coup in buying a $6 billion Canadian jetliner project for a dollar stunned investors and took the spotlight off a growing ethics row last week, but internal disarray has raised questions over how smoothly it can implement the deal. The European p

Published 23 Oct, 2017 12:00am

Tesla reaffirms effort to build cars in China; mum on deal report

Electric car maker Tesla Inc reaffirmed on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year, but declined to comment on a report that a deal has been reache

Published 23 Oct, 2017 12:00am

Workers at Deutsche Bank's Postbank may strike in wage row

Workers at Deutsche Bank's retail arm Postbank are threatening to stage a strike over a wage dispute, labour union Verdi said on Sunday, ahead of a round of negotiations due to start on Monday. "If there is no agreement there could be open-ended strikes,"

Published 23 Oct, 2017 12:00am

China property sales will slow in fourth quarter, prices stable: housing minister

China's property sales will slow in the fourth quarter but prices will remain stable, the housing minister said on Sunday, as more signs emerge that the country's nearly two-year housing boom has peaked. Property sales in China dropped for the first time

Published 23 Oct, 2017 12:00am

China says jobless rate lowest in years, but challenges persist

China's unemployment rate has hit its lowest point in multiple years at 3.95 percent by the end of September, but employment still face challenges as the economy pushes ahead with structural reforms, China's labour ministry said on Sunday. The ministry of

Published 23 Oct, 2017 12:00am

China hires 10 banks including Citigroup, HSBC for $2 billion sovereign bond issue

China has hired 10 banks including Agricultural Bank of China Bank of Communications, and Citigroup for its $2 billion dollar-denominated sovereign bond issue, according to an internal bank memo seen by Reuters on Friday. Besides Citigroup, other foreign

Published 23 Oct, 2017 12:00am

China hires 10 banks including Citigroup, HSBC for $2 billion sovereign bond issue

China has hired 10 banks including Agricultural Bank of China Bank of Communications, and Citigroup for its $2 billion dollar-denominated sovereign bond issue, according to an internal bank memo seen by Reuters on Friday. Besides Citigroup, other foreign

Published 23 Oct, 2017 12:00am

Exchange

Dubai to introduce stock index futures, short-selling on the way

Nasdaq Dubai will introduce trade in futures contracts based on the main DFMGI equities index of Dubai's other stock market, Dubai Financial Market, the two exchanges said on Sunday. With the exception of Kuwait, Gulf countries have been slow to introduce

Published 23 Oct, 2017 12:00am

Currency

Unhedged debt stock could supercharge euro rise

Eurozone investors who have snapped up over a trillion euros worth of foreign debt without protecting the foreign exchange risk are rethinking that vulnerability because of the currency's hefty rally this year. The move entails buying euros to hedge, whic

Published 23 Oct, 2017 12:00am

Currency

UK fund manager wins $2 billion FX mandate from Alaska fund

London-based currency manager Adrian Lee & Partners said on Tuesday the Alaska Permanent Fund Corporation had awarded it a mandate to manage $2 billion of international foreign exchange exposure. The Alaska Fund, which manages roughly $62 billion in asset

Published 23 Oct, 2017 12:00am

Currency

UK fund manager wins $2 billion FX mandate from Alaska fund

London-based currency manager Adrian Lee & Partners said on Tuesday the Alaska Permanent Fund Corporation had awarded it a mandate to manage $2 billion of international foreign exchange exposure. The Alaska Fund, which manages roughly $62 billion in asset

Published 23 Oct, 2017 12:00am

Exchange

UAE markets lead as Gulf share values plummet

The value of shares traded on Gulf stock markets plummeted this year, a report said on Sunday, in the latest sign of how the region's economies are struggling with the drop in oil prices. The United Arab Emirates' exchanges in Dubai and Abu Dhabi led the

Published 23 Oct, 2017 12:00am

Emaar IPO plan hits Dubai bourse, Saudi index fails test of resistance

Dubai's leading real estate developer, Emaar Properties, pulled the emirate's stock index lower on Sunday while Saudi Arabia's index again retreated from major technical resistance. The Dubai index lost 0.8 percent to 3,644 points, pulling back from resis

Published 23 Oct, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 80.85-80.85 (previous 80.83-80.83).

Published 23 Oct, 2017 12:00am

Exchange

China's money rates fall on ample liquidity

China's primary money rates fell for the week on ample liquidity as the central bank made its biggest weekly net cash injection in nine months, seeking market stability for the all-important Communist Party congress, traders said. The once-every-five-year

Published 23 Oct, 2017 12:00am

Exchange

China will safeguard FX market stability, push forward opening

China will fend off any impact from disorderly and intensified cross-border capital movements and safeguard stability of the country's foreign exchange market, its foreign exchange regulator said on Thursday. The State Administration of Foreign Exchange s

Published 23 Oct, 2017 12:00am

Exchange

New Albanian securities exchange sees trading start by year end

A new, private securities exchange in Albania should be up and running by year end after getting the central bank's go-ahead, its chief executive said on Wednesday. It will start with trading government debt and then move on to other assets, Artan Gjergji

Published 23 Oct, 2017 12:00am

Currency

Transferwise resumes Nigeria money transfers citing confidence in naira

Money transfer company Transferwise has resumed remittances to Nigeria after a 17-month break because it has regained confidence in the central bank's handling of the naira currency, its chief executive said on Friday. Remittances or money transfers make

Published 23 Oct, 2017 12:00am

Wall Street Week ahead: recent hurricanes take toll on quarterly earnings

After raging over the southern United States and Puerto Rico, remnants of hurricanes Harvey, Irma and Maria are now dampening US corporate profits. While the deadly storms in August and September slammed insurers who are now on the hook for billions of do

Published 23 Oct, 2017 12:00am

Tsonga takes Antwerp title

World number 17 Jo-Wilfried Tsonga clinched his third title of the season on Sunday when the Frenchman defeated Argentina's Diego Schwartzman 6-3, 7-5 in the Antwerp ATP final. Tsonga had already triumphed in Rotterdam and Marseille this year and Sunday's

Published 23 Oct, 2017 12:00am

Muguruza demolishes Ostapenko

Wimbledon champion Garbine Muguruza served warning of her intention to win both the WTA Finals and the year-end world number one crown when she crushed Jelena Ostapenko in straight sets on Sunday. The freshly crowned WTA player of the year was far too sol

Published 23 Oct, 2017 12:00am

Descon Super Cricket League 2017 held in Lahore

A stimulating series of cricket matches under the banner of Descon Super Cricket League 2017, had been played on Sunday. The exciting thing in that event was that the official referees of PCB along with professional Umpires had conducted these matches.

Published 23 Oct, 2017 12:00am

Afghanistan to play Ireland, Zimbabwe in Sharjah

Afghanistan will play three one-day internationals with Ireland in Sharjah in Decmeber and they are also eyeing their inaugural Test against Zimbabwe, an official said Sunday. "We are hosting a three-match ODI series between Afghanistan and Ireland in Dec

Published 23 Oct, 2017 12:00am

Five-wicket Bishoo puts West Indies in control

Leg-spinner Devendra Bishoo pricked Zimbabwe's bubble of optimism on Sunday as his five-wicket haul put the West Indies in charge of the first Test at Queens Sports Club. Zimbabwe came into the two-match series in a buoyant mood following the return of Br

Published 23 Oct, 2017 12:00am

Kiwis stun India by six wickets in 1st ODI

Century-maker Tom Latham and Ross Taylor inspired New Zealand to a thrilling six-wicket win over India in the first one-day international at Mumbai's Wankhede Stadium on Sunday. The batsmen put on a 200-run partnership as the Kiwis successfully chased dow

Published 23 Oct, 2017 12:00am

Boxing: Japan's Murata stops N'Dam to win world title

Japan's Ryota Murata beat champion Hassan N'Dam by technical knockout Sunday to capture the World Boxing Association middleweight title. The 2012 Olympic champion avenged a controversial points loss to the Frenchman earlier this year with a convincing dis

Published 23 Oct, 2017 12:00am

Dzumhur wins Kremlin Cup

Bosnian sixth seed Damir Dzumhur claimed his second ATP title on Sunday with a 6-2, 1-6, 6-4 defeat of Lithuanian Ricardas Berankis in the final of the Kremlin Cup. Dzumhur, 25, who won his maiden trophy at Saint Petersburg last month to become the first

Published 23 Oct, 2017 12:00am

Del Potro defends Stockholm title for 20th career crown

Argentina's Juan Martin del Potro beat Bulgaria's Grigor Dimitrov 6-4, 6-2 on Sunday to retain his Stockholm ATP title. Del Potro thereby climbs to 14th in the race to the end-of-season ATP World Tour Finals in London while Dimitrov, who was top seed in S

Published 23 Oct, 2017 12:00am

Scolari's Guangzhou retain China league title

Luiz Felipe Scolari's rampant Guangzhou Evergrande won the Chinese Super League (CSL) for the seventh time in a row on Sunday and with two games to spare. In what is expected to be the decorated Brazilian coach's last season in charge, Guangzhou scored tw

Published 23 Oct, 2017 12:00am

Du Plessis injury spoils South Africa win

An injury to captain Faf du Plessis took some of the gloss off a comprehensive South African win in the third and final one-day international against Bangladesh at Buffalo Park on Sunday. Du Plessis retired hurt on 91 and had to be helped off the field wi

Published 23 Oct, 2017 12:00am

Arthur praises Pakistan player over spot fixing case

Pakistan head coach Mickey Arthur on Sunday praised an unnamed player for reporting a spot fixing approach as "a real example to our team". Pakistan Cricket Board (PCB) Saturday confirmed a player was approached with a fixing offer during the ongoing one-

Published 23 Oct, 2017 12:00am

Sri Lanka vows to go ahead with Pakistan tour

Sri Lanka's cricket board Sunday vowed to press ahead with a controversial tour of Pakistan next week despite top players pulling out and speculation the coach may not join the squad. The Twenty20 final in Lahore will be the first time a Sri Lanka squad h

Published 23 Oct, 2017 12:00am

Catalan separatists weigh options after Spain raises the stakes

Catalonia's separatists were weighing their options Sunday after Spain took drastic steps to stop the region from breaking away by dissolving its separatist government and forcing new elections. Catalan leader Carles Puigdemont and his regional executive

Published 23 Oct, 2017 12:00am

Russia accuses US-led coalition of 'barbaric' bombing of Raqqa

Russia accused the US-led coalition in Syria on Sunday of wiping the city of Raqqa "off the face of the earth" with carpet bombing in the same way the United States and Britain had bombed Germany's Dresden in 1945. The Russian Defence Ministry, which has

Published 23 Oct, 2017 12:00am

US-backed forces seize major Syria oilfield

A US-backed Arab-Kurd alliance announced on Sunday it had retaken one of Syria's largest oilfields from the Islamic State group in the east of country. The Al-Omar oilfield in the province of Deir Ezzor produced 30,000 barrels per day before the start of

Published 23 Oct, 2017 12:00am

France charges eight over plot targeting politicians

France has charged eight men, including three minors, following an investigation into far-right activists allegedly plotting to target politicians and mosques, prosecutors announced Saturday in Paris. The men - aged between 17 and 29 - are accused of bein

Published 23 Oct, 2017 12:00am

Czech election websites hacked, vote unaffected

The websites used for presentation of the Czech Republic's election results were hacked on Saturday afternoon, the Czech Statistical Office (CSU) said on Sunday, adding that the vote count was not affected. Czechs voted on Friday and Saturday in the parli

Published 23 Oct, 2017 12:00am

British leisure park in lockdown over gunman reports

A British leisure park was in lockdown on Sunday with witnesses telling UK media a gunman had taken hostages at a bowling alley. The security measures were put in place at Bermuda Park in Nuneaton, central England, with the public told to stay inside whil

Published 23 Oct, 2017 12:00am

Pope calls for 'constructive dialogue' in Kenya

Pope Francis on Sunday called for constructive dialogue in Kenya where he said he was following the situation with "close attention" over disputed elections. "I am paying close attention in these days to Kenya, which I visited in 2015," Francis told pilgr

Published 23 Oct, 2017 12:00am

Typhoon kills at least two in Japan, prompts call for thousands to evacuate

A typhoon roared towards Japan's main island on election day on Sunday, killing at least two people, prompting a warning for tens of thousands to evacuate and the cancellation of hundreds of flights. One man was killed under scaffolding that collapsed in

Published 23 Oct, 2017 12:00am

Indonesia says military chief barred from US, seeks explanation

Indonesia said Sunday its military chief had been refused entry to the United States and asked Washington for an explanation. General Gatot Nurmantyo was due to attend a conference in Washington at the request of General Joseph F. Dunford, chairman of the

Published 23 Oct, 2017 12:00am

US senators seek answers on US presence in Niger after ambush

US senators said on Sunday the White House has not been forthcoming with details about the military's presence in Niger after the deaths of four soldiers there earlier this month and they want more answers on US operations in the west African country. Rep

Published 23 Oct, 2017 12:00am

Roadside bomb kills seven outside Mogadishu

A roadside bomb killed at least seven people on Sunday - mostly women farmers - in an area outside the Somali capital dominated by Islamist insurgents who have defied public protests to end years of violence, residents and the army said. A truck bombing i

Published 23 Oct, 2017 12:00am

Tump touts Twitter use as key to White House win

US President Donald Trump, known for his prolific and sometimes incendiary tweeting, defended his use of the social media platform in an interview aired Sunday, saying without it he might not be president. "I have friends that say 'Oh, don't use social me

Published 23 Oct, 2017 12:00am

Trump says US 'totally prepared' for potential North Korea threat

The United States is "totally prepared" to respond to threats from Pyongyang, US President Donald Trump said in an interview aired Sunday, while also emphasizing his "exceptional relationship" with China's leader. "We're so prepared like you wouldn't beli

Published 23 Oct, 2017 12:00am

Exchange

Interview with Dr Daniel Ritz, CEO and President, PTCL Group: PTCL is geared up for transformation

Dr Daniel Ritz has been serving as the President and CEO of the PTCL Group since March 2016. Before that, he was working with the Etisalat Group as Chief Strategy Officer. Prior to Etisalat, Dr Ritz had served as the CEO of Swisscom Central & Eastern Euro

Updated 15 Nov, 2017 11:13am

Exchange

Interview with Dr Daniel Ritz, CEO and President, PTCL Group: PTCL is geared up for transformation

Dr Daniel Ritz has been serving as the President and CEO of the PTCL Group since March 2016. Before that, he was working with the Etisalat Group as Chief Strategy Officer. Prior to Etisalat, Dr Ritz had served as the CEO of Swisscom Central & Eastern Euro

Published 23 Oct, 2017 12:00am

International archaeology festival 'Heritage Now' concludes

A three-day International Archaeology Festival entitled "Heritage Now" concluded on Sunday at Alhamra Arts Council, Lahore. The festival engaged a larger audience from diverse backgrounds including history, archaeology, data science, architecture, museum

Published 23 Oct, 2017 12:00am

'Kitchen gardening': PAD to sell 0.15 million seed kits on subsidized rates

Punjab Agriculture department has made necessary arrangements for selling 1,50,000 seed kits on subsidized rates during Rabi crop in the province. The step has been taken to promote "kitchen gardening culture" and create awareness about the importance and

Published 23 Oct, 2017 12:00am

Currency

Pakistan rupee versus US dollar: Business leaders hail government's measures

Business leaders have lauded the government's intervention to check downward slide of Pak Rupee against the foreign currencies specially US dollar as the problem of balance of payments and drop in exports had created panic in the market. Chairman FPCCI Re

Published 23 Oct, 2017 12:00am

Pakistan's future is very bright: Zubair

Governor Sindh Muhammad Zubair has said that Pakistan's future is very bright and promising. He was speaking at the 16th pre-Chief Executive Officers (CEOs) summit held here on Saturday evening. The Governor was of the view that the establishment of the C

Published 23 Oct, 2017 12:00am

Exchange

ICST calls for ban on import of luxury items

Islamabad Chamber of Small Traders (ICST) on Sunday asked the government to slap a complete ban on import of luxury items to protect foreign exchange reserves which will also promote local industry, employment, and revenue. Revising regulatory duty on imp

Published 23 Oct, 2017 12:00am

Ex-PML-Q leader Tahir to join PTI

Former Pakistan Muslim League Quaid (PML-Q) Attock Nazim Major (retd) Tahir Sadiq has on Sunday decided to join Pakistan Tehreek-e-Insaf (PTI). The formal announcement in this regard would be made during PTI's public gathering in Attock on November 6.

Published 23 Oct, 2017 12:00am

NVTEC urges Chinese government to set up technical institutions

National Vocational and Technical Training Commission (NVTEC) has requested Chinese government to set up technical institutions at various points of China-Pakistan Economic Corridor (CPEC). Speaking at a news conference Zulifqar Ahmed Cheema Executive Dir

Published 23 Oct, 2017 12:00am

Any move to delay polls will plunge country into crisis: JI

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has stressed that the elections must be held on time and the process of accountability should also be continued alongside. Addressing a large gathering at the JI's Azme Nau Convention at Wahdat road on Sunday

Published 23 Oct, 2017 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 4	277.97
USD PKR Interbank Buying / Dec 4	277.77
USD to Japanese Yen / Dec 4	150.37
USD to Swiss Franc / Dec 4	0.89
Pound Sterling to USD / Dec 4	1.27
Euro to USD / Dec 4	1.05

Stock	Volume
S&P 500 / Dec 3	6,049.87
Nasdaq / Dec 3	19,480.91
Dow Jones / Dec 3	44,705.53
India Sensex / Dec 4	80,956.33
Tokyo Nikkei / Dec 4	39,276.39
Hang Seng / Dec 4	19,742.46
FTSE 100 / Dec 4	8,328.12
Germany DAX 30 / Dec 4	20,195.75

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 3	17,685
Crude Oil USD/Barrel / Dec 4	70.17
Gold 10 Grams PKR / Dec 4	235,940
Gold Spot USD/Ounce / Dec 4	2,644.45
Cotton US¢/pound / Dec 4	71.11
Petrol/Litre / Dec 5	252.10

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	7.17 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	639.72 ▼ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	64.26 ▼ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	151.49 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	1,117.32 ▼ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	13.57 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	7.17 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	639.72 ▲ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	64.26 ▲ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	151.49 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	1,117.32 ▲ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	13.57 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	257,531,069 ▲ 0.00
Cnergyico PK / Dec 5 Cnergyico PK Limited(CNERGY)	213,200,271 ▲ 0.00
Pak Int.Bulk / Dec 5 Pakistan International Bulk Terminal(PIBTL)	89,650,764 ▲ 0.00
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	75,744,156 ▲ 0.00
Power Cement / Dec 5 Power Cement Limited(POWER)	69,203,491 ▲ 0.00
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	58,983,939 ▲ 0.00
Sui South Gas / Dec 5 Sui Southern Gas Company Limited(SSGC)	37,808,495 ▲ 0.00
Symmetry Group / Dec 5 Symmetry Group Limited(SYM)	34,391,285 ▲ 0.00
TPL Properties / Dec 5 TPL Properties Limited(TPLP)	33,952,255 ▲ 0.00

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