News Archives for Print - 2017-10-23

Tillerson woos Gulf allies in push to undercut Iran

Top US diplomat Rex Tillerson pursued efforts to curb Tehran's influence in talks with his country's Gulf allies Sunday, demanding that Iran pare down its involvement in Iraq as the fight against the Islamic State group draws to a close. Tillerson's visit

Published 23 Oct, 2017 12:00am

Tillerson woos Gulf allies in push to undercut Iran

Top US diplomat Rex Tillerson pursued efforts to curb Tehran's influence in talks with his country's Gulf allies Sunday, demanding that Iran pare down its involvement in Iraq as the fight against the Islamic State group draws to a close. Tillerson's visit

Published 23 Oct, 2017 12:00am

Zubair welcomes participants of car rally

Governor Sindh Muhammad Zubair on Sunday evening welcomed the participants of the Car Rally who arrived here on Sunday evening. There are 300 cars and 150 motorcycles taking part in the rally being organised by Pakistan Army in connection of the 70th Inde

Published 23 Oct, 2017 12:00am

Currency

THE RUPEE: easier trend

A falling trend prevailed on the money market during the week, ended on Oct 21, 2017. The rupee lost 30 paisas in terms of the dollar for buying and selling at Rs 107.10 and Rs 107.30. The rupee picked up 50 paisas versus the euro for buying and selling a

Published 23 Oct, 2017 12:00am

Currency

THE RUPEE: easier trend

A falling trend prevailed on the money market during the week, ended on Oct 21, 2017. The rupee lost 30 paisas in terms of the dollar for buying and selling at Rs 107.10 and Rs 107.30. The rupee picked up 50 paisas versus the euro for buying and selling a

Published 23 Oct, 2017 12:00am

Salaried people: over 30 percent not filing tax returns: FBR

Federal Bureau of Revenue (FBR) Chairman Tariq Mahmood Pasha on Sunday said businessmen were playing a pivotal role in strengthening the national economy as they were its backbone. During his visit to the Rawalpindi Chamber of Commerce and Industry (RCCI)

Published 23 Oct, 2017 12:00am

Salaried people: over 30 percent not filing tax returns: FBR

Federal Bureau of Revenue (FBR) Chairman Tariq Mahmood Pasha on Sunday said businessmen were playing a pivotal role in strengthening the national economy as they were its backbone. During his visit to the Rawalpindi Chamber of Commerce and Industry (RCCI)

Published 23 Oct, 2017 12:00am

Salaried people: over 30 percent not filing tax returns: FBR

Federal Bureau of Revenue (FBR) Chairman Tariq Mahmood Pasha on Sunday said businessmen were playing a pivotal role in strengthening the national economy as they were its backbone. During his visit to the Rawalpindi Chamber of Commerce and Industry (RCCI)

Published 23 Oct, 2017 12:00am

Exchange

Bullish trend witnessed

Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended October 20, 2017 on the back of healthy buying mainly by local investors. BRIndex100 gained 259.13 points to close at 4,527.64 points. Average daily volumes stood at 163.744 mi

Published 23 Oct, 2017 12:00am

Exchange

Bullish trend witnessed

Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended October 20, 2017 on the back of healthy buying mainly by local investors. BRIndex100 gained 259.13 points to close at 4,527.64 points. Average daily volumes stood at 163.744 mi

Published 23 Oct, 2017 12:00am

Exchange

Bullish trend witnessed

Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended October 20, 2017 on the back of healthy buying mainly by local investors. BRIndex100 gained 259.13 points to close at 4,527.64 points. Average daily volumes stood at 163.744 mi

Published 23 Oct, 2017 12:00am

Future spreads declined by 660 basis points

The future spreads declined by 660bps to negative 2.51 percent on the last day of the outgoing week. Trading activities on the futures counter improved as average daily volumes increased by 29.6 percent to 46.71 million shares. Average daily trading value

Published 23 Oct, 2017 12:00am

Future spreads declined by 660 basis points

The future spreads declined by 660bps to negative 2.51 percent on the last day of the outgoing week. Trading activities on the futures counter improved as average daily volumes increased by 29.6 percent to 46.71 million shares. Average daily trading value

Published 23 Oct, 2017 12:00am

Abe sweeps to resounding victory

Japanese Prime Minister Shinzo Abe swept to a resounding victory in a snap election Sunday and immediately vowed to "deal firmly" with threats from North Korea that dominated the campaign. Abe's ruling conservative coalition was on track to win more than

Published 23 Oct, 2017 12:00am

Abe sweeps to resounding victory

Japanese Prime Minister Shinzo Abe swept to a resounding victory in a snap election Sunday and immediately vowed to "deal firmly" with threats from North Korea that dominated the campaign. Abe's ruling conservative coalition was on track to win more than

Published 23 Oct, 2017 12:00am

Trump tells Paris, Berlin to 'keep making money' via trade with Tehran

US President Donald Trump said in an interview aired Sunday he does not object to France and Germany continuing trade with Iran, despite his refusal to certify the Iran nuclear deal. "I told them just keep making money," the real estate mogul-turned-presi

Published 23 Oct, 2017 12:00am

Trump tells Paris, Berlin to 'keep making money' via trade with Tehran

US President Donald Trump said in an interview aired Sunday he does not object to France and Germany continuing trade with Iran, despite his refusal to certify the Iran nuclear deal. "I told them just keep making money," the real estate mogul-turned-presi

Published 23 Oct, 2017 12:00am

Fierce firefight as Philippines' toughest urban war down to last building

Philippine troops were locked in an intense urban firefight on Sunday with the last remnants of a pro-Islamic state alliance, as the army sought to declare an end to the country's biggest internal security crisis in years. An estimated 30 people, includin

Published 23 Oct, 2017 12:00am

Saudi Arabia denies diplomatic visit to Israel

Saudi Arabia on Sunday denied that any of its officials had visited Israel, after Israeli media reported that a senior prince had made a secret diplomatic trip there. "Reports of a secret visit to Israel by a Saudi official which have appeared on some med

Published 23 Oct, 2017 12:00am

Freed Russia opposition leader Navalny back on campaign trail

Russian opposition leader Alexei Navalny walked free on Sunday after a 20-day jail term for organising protests against President Vladimir Putin. Navalny, who has declared his intention to stand for president in 2018, was released in a secret location in

Published 23 Oct, 2017 12:00am

Italy regions vote on autonomy bid

Voters in the northern Italian regions of Lombardy and Veneto were voting Sunday in referendums on autonomy, against the backdrop of Catalonia's push for independence from Spain. The consultative votes are only the beginning of a process which could over

Published 23 Oct, 2017 12:00am

PM takes test-flight of Turkish T-129

Prime Minister Shahid Khaqan Abbasi Sunday took a test-flight Turkish attack helicopter T-129 and describted it as an "impressive and good machine." Talking to the Pakistani and Turkish media after the test-flight, the Prime Minister said that Turkish def

Published 23 Oct, 2017 12:00am

PM takes test-flight of Turkish T-129

Prime Minister Shahid Khaqan Abbasi Sunday took a test-flight Turkish attack helicopter T-129 and describted it as an "impressive and good machine." Talking to the Pakistani and Turkish media after the test-flight, the Prime Minister said that Turkish def

Published 23 Oct, 2017 12:00am

Foreign terrorist sneaks into Pakistan?

The Chinese Embassy is said to have claimed that a member of the terrorist network East Turkestan Islamic Movement has "sneaked into Pakistan" and poses a threat to Chinese Ambassador, according to Dawn.com. This information was shared in a letter that wa

Published 23 Oct, 2017 12:00am

Foreign terrorist sneaks into Pakistan?

The Chinese Embassy is said to have claimed that a member of the terrorist network East Turkestan Islamic Movement has "sneaked into Pakistan" and poses a threat to Chinese Ambassador, according to Dawn.com. This information was shared in a letter that wa

Published 23 Oct, 2017 12:00am

FBR, NAB in dire need of change: Imran

Pakistan Tehreek-e-Insaf Chairperson Imran Khan remarked that the Federal Board of Revenue and National Accountability Bureau are in dire need of change. "We need to work to improve these two institutions: FBR and NAB," he said, addressing a rally in Sehw

Published 23 Oct, 2017 12:00am

FBR, NAB in dire need of change: Imran

Pakistan Tehreek-e-Insaf Chairperson Imran Khan remarked that the Federal Board of Revenue and National Accountability Bureau are in dire need of change. "We need to work to improve these two institutions: FBR and NAB," he said, addressing a rally in Sehw

Published 23 Oct, 2017 12:00am

Taxpayers' confidential data/record theft: key FTO recommendation not implemented

A key recommendation by Federal Tax Ombudsman (FTO) is pending implementation despite dismissal of FBR's representation by the President of Pakistan, on the issue of taxpayers' confidential data/record theft, which shall now be investigated by Federal Inv

Published 23 Oct, 2017 12:00am

Taxpayers' confidential data/record theft: key FTO recommendation not implemented

A key recommendation by Federal Tax Ombudsman (FTO) is pending implementation despite dismissal of FBR's representation by the President of Pakistan, on the issue of taxpayers' confidential data/record theft, which shall now be investigated by Federal Inv

Published 23 Oct, 2017 12:00am

Taxpayers'' confidential data/record theft: key FTO recommendation not implemented

A key recommendation by Federal Tax Ombudsman (FTO) is pending implementation despite dismissal of FBR''s representation by the President of Pakistan, on the issue of taxpayers'' confidential data/record theft, which shall now be investigated by Federal I

Published 23 Oct, 2017 12:00am

Over 600,000 Rohingya have fled to Bangladesh, UN says

More than 600,000 Rohingya refugees have fled Myanmar for Bangladesh since violence erupted in northern Rakhine in August, a UN report said Sunday. The grim new landmark comes as authorities in Bangladesh were bracing for another possible surge in Rohingy

Published 23 Oct, 2017 12:00am

Over 600,000 Rohingya have fled to Bangladesh, UN says

More than 600,000 Rohingya refugees have fled Myanmar for Bangladesh since violence erupted in northern Rakhine in August, a UN report said Sunday. The grim new landmark comes as authorities in Bangladesh were bracing for another possible surge in Rohingy

Published 23 Oct, 2017 12:00am

Consumer finance

Consumer loans which used to constitute a tiny proportion of the annual credit portfolio have tended to rise sharply in the recent past. According to a recent State Bank report, consumer loans jumped by Rs 70.5 billion in FY17 compared to Rs 43.7 billion

Published 23 Oct, 2017 12:00am

Cracks within the PML(N)

Federal minister Riaz Pirzada has set the ball rolling - for division of Pakistan Muslim League (Nawaz) into at least two major factions. Embittered by the circulation of a purported IB list carrying his name among those of the party's legislators who hav

Published 23 Oct, 2017 12:00am

Pak-US re-engagement

US Secretary of State Rex Tillerson arrives on a visit to Pakistan and India in the wake of tensions caused by President Donald Trump's policy statement on Afghanistan and South Asia in which he hurled insults at this country and treaded on its security s

Published 23 Oct, 2017 12:00am

Exchange

Election strategy and economy

Ishaq Dar, the Federal Finance Minister, spoke on 16 October after a silence that dates back to 28 July 2017 - the day of the verdict in the Panama papers case in which the apex court directed that a reference be filed against him by the National Accounta

Published 23 Oct, 2017 12:00am

Taliban strikes on Afghan bases a 'show of strength' against Trump

A spate of deadly Taliban attacks targeting Afghan forces this week was a show of strength against Donald Trump's new strategy, and signalled a push to strike security bases rather than cities, analysts said. In three of the four ambushes since Tuesday, m

Published 23 Oct, 2017 12:00am

Exchange

Cashing out: The end of Hong Kong's historic trading floor

In its heyday in the 1980s, more than a thousand brokers dressed in signature red blazers made deals on the trading floor of the Hong Kong Stock Exchange, in what was a raucous, competitive bear pit. But as electronic and internet services burgeoned, brok

Published 23 Oct, 2017 12:00am

Reduction in HBL's profits

This is apropos a Business Recorder news item "HBL's profit reduces to Rs 1.6bn with NY settlement payment" carried by the newspaper on Saturday. According to it, Habib Bank Limited's profit after tax for the nine months ended September 30, 2017 has reduc

Published 23 Oct, 2017 12:00am

WHO chief rescinds Mugabe ambassador role

The head of the World Health Organisation on Sunday reversed his decision to name Zimbabwe's President Robert Mugabe as a goodwill ambassador following widespread uproar against the appointment. Tedros Adhanom Ghebre-yesus, a former Ethiopian health minis

Published 23 Oct, 2017 12:00am

Austria's likely next chancellor hopes to form government in 60 days

Austria's likely next chancellor, Sebastian Kurz, wants talks over a new government to last no more than two months, he said in a newspaper interview published in Sunday. Austria's president on Friday gave the green light to conservative leader Kurz, whos

Published 23 Oct, 2017 12:00am

Post-Brexit trade rests on EU punishment for leaving: Fox

Britain's post-Brexit trading relationship with the EU will depend on how much the bloc wants to punish the UK for daring to leave, International Trade Secretary Liam Fox said Sunday. His intervention came after Guy Verhofstadt, the European Parliament's

Published 23 Oct, 2017 12:00am

Three wounded in shooting near US mine in Papua

At least one gunman has wounded three people near a huge Indonesian gold and copper mine owned by US firm Freeport-McMoRan, the company said Sunday. The attacks occurred near the vast Grasberg mine in Indonesia's rugged eastern province of Papua. Mysterio

Published 23 Oct, 2017 12:00am

Egyptian court sentences 11 people to death for 'terrorism'

An Egyptian court sentenced 11 people to death Sunday on accusations they joined a "terrorist organisation" and attempted to kill two police officers, a judicial official said. The court sentenced 14 others to life in prison - 25 years in Egypt - and a ju

Published 23 Oct, 2017 12:00am

UN chief to visit Central Africa amid tense security situation

UN Secretary General Antonio Guterres is expected to arrive in the Central African Republic on Tuesday, as violence between Muslim and Christian militias has intensified in the past few months. "This is a gesture of solidarity with the peacekeepers workin

Published 23 Oct, 2017 12:00am

Maltese demand justice for murdered reporter

Thousands of people flocked to a rally Sunday to demand justice for murdered Maltese journalist and anti-corruption blogger Daphne Caruana Galizia. Crowds packed roads in the capital Valletta as the "national demonstration for justice" began in honour of

Published 23 Oct, 2017 12:00am

Thousands march in Berlin against far-right AfD

Thousands of demonstrators marched Sunday in Berlin, in protest against the far-right Alternative for Germany's debut in parliament next week. Bearing posters with slogans like "Stop AfD", "My voice against incitement" or "My heart beats for diversity", t

Published 23 Oct, 2017 12:00am

British woman dies after fall from riverboat in France

A British woman died Saturday night after falling from a boat which hit a beacon in the Rhone river in Avignon, southern France, emergency services said. The 27-year-old went overboard and was later found by divers at a depth of six metres, the fire servi

Published 23 Oct, 2017 12:00am

Top US Senate Republican aims for tax bill by year-end

The top US Senate Republican says he believes Congress can pass tax legislation by year-end, and he and other leaders are not abandoning the goal of a revenue-neutral bill. "We intend to accomplish that between now and the end of the year," Senate Majorit

Published 23 Oct, 2017 12:00am

Mystery 'braid-chopping' cases add panic to trauma in IHK

A wave of brutal, deadly panic has swept Indian-held Kashmir after more than 100 women said they were victims of attackers who chopped off their hair. Despite suggestions the cases may have been fabricated or fuelled by hysteria, the consequences have bee

Published 23 Oct, 2017 12:00am

Karachi Biennale 2017: Artist Ali Kazim bags award

Apart from a formal ceremony and display of various forms of art including performative and digital, the opening ceremony of the first Karachi Biennale on Saturday evening also announced the winner of the Mahvash and Jahangir Siddiqui Foundation (MJSF) Ju

Published 23 Oct, 2017 12:00am

APML CEC meeting in Dubai

All Pakistan Muslim League (APML) has completed with its intra party elections and party chairman General Pervez Musharraf (retd) has convened the newly elected office bearers and members of Central Executive Committee (CEC) for a meeting to be held in Du

Published 23 Oct, 2017 12:00am

KP-Fata merger: Nawaz backtracks on promise, says Asfandyar

Awami National Party chief Asfandyar Wali has said on Sunday that ousted prime minister has gone back on his word of merging Federally Administered Tribal Areas with Khyber Pakhtunkhwa province. He was addressing a rally in Chamkani area in connection wit

Published 23 Oct, 2017 12:00am

Exchange

KP government empowers PDA to impose taxes, penalties

The provincial government has empowered Peshawar Development Authority (PDA) to impose taxes and penalties in its jurisdiction and take any step or adopt any measure to facelift and beautify the area within its authority. For this purpose, the provincial

Published 23 Oct, 2017 12:00am

Exchange

Zubair highlights importance of transparency in utilizing public funds

Governor Sindh Mohammad Zubair has said that transparency in utilization of public funds was of immense importance for ensuring maximum benefits of any development scheme to the masses. This he said during a meeting with a four-member delegation of Instit

Published 23 Oct, 2017 12:00am

6th death anniversary today: Zardari pays tributes to Begum Nusrat Bhutto

The sixth death anniversary of Begum Nusrat Bhutto, former chairperson of Pakistan People's Party (PPP), and wife of former PM Zulfikar Ali Bhutto, mother of former Prime Minister Benazir Bhutto is being bserved tomorrow (Monday). Quran Khawanis at her sh

Published 23 Oct, 2017 12:00am

ICEM to promote 'green cities' in OIC countries

The Seventh Islamic Conference of Environment Ministers (ICEM) will discuss the adoption of a guidance document on green cities for climate change adaptation. The conference, to be held in Morocco's capital Rabat on Oct 25-26 with the participation of min

Published 23 Oct, 2017 12:00am

MQM-P threatens to resign en masse from assemblies

Muttahida Qaumi Movement-Pakistan (MQM-P) chief Dr Farooq Sattar on Sunday has warned that his party's legislators would tender en bloc resignations from bicameral Parliament and Sindh Assembly if attempts to force them for defections continued.

Published 23 Oct, 2017 12:00am

Dysfunctional rural water supply schemes: PDWP approves Rs 9.3 billion for rehabilitation

The Punjab Provincial Development Working Party (PDWP) has approved Rs 9.3 billion for rehabilitation of 781 dysfunctional rural water supply schemes of Physical Planning & Housing (PPH) and Local Government Sectors to supply clean drinking water in the b

Published 23 Oct, 2017 12:00am

Foundation of 'Naya Pakistan' laid by PPP: Khursheed

Leader of Opposition in the National Assembly Syed Khursheed Shah said on Sunday that the foundation of 'Naya Pakistan' was laid by the Pakistan People's Party, adding that the party will keep the country on the road to development. The Opposition leader

Published 23 Oct, 2017 12:00am

Cotton

Bilawal's public meeting brightens chances of PPP's comeback in KP

PPP chairman Bilawal Bhutto-Zardari's first-ever address at the Peshawar public meeting has kindled hope of his party's comeback and relevance to Khyber-Pakhtunkhwa where Pakistan Peoples Party failed to win even a single seat in 2013 Elections.

Published 23 Oct, 2017 12:00am

Eight alleged Ansarul Sharia militants killed in 'encounter'

At least eight suspected terrorists said to be affiliated with Ansarul Sharia Pakistan (ASP) were killed after a fierce shootout with the Rangers and Counter Terrorism Department (CTD) personnel in Baldia Town of the metropolis on Saturday night, said pol

Published 23 Oct, 2017 12:00am

Setting up of PDC on the cards

Small and Medium Enterprises Development Authority (SMEDA) is finalizing necessary arrangements for setting up of Product Development Centre (PDC) for Composite costing Rs 498 million for tracking the sports goods industry of Sialkot on modern production

Published 23 Oct, 2017 12:00am

Resources being mobilised to resolve problems: Asif

Foreign Minister Khawaja Muhammad Asif has said that all available resources were being mobilized for resolving the problems of common men on priority basis. Huge amount of money was being spent on different uplift projects concerning the lives of common

Published 23 Oct, 2017 12:00am

Mufti Qavi to undergo another angiography

Mufti Abdul Qavi's angiography report shows that his left valve is blocked. According to the medical team in Multan Institute of Cardiology, Mufti Abdul Qavi will go through another phase of angiography on either Monday or Tuesday. Multan Institute of Car

Published 23 Oct, 2017 12:00am

Social media policy to be devised with stakeholders' consensus: Ahsan

Interior Minister Ahsan Iqbal Sunday said the government will complete its term and power will be shifted peacefully. Talking to media persons in Narowal on Sunday, the minister said completing of term by the present government is a proof of strong basis

Published 23 Oct, 2017 12:00am

'Energy Week' celebrations at Attock Oil Refinery today

Energy Week celebrations will begin at Attock Oil Refinery (ARL) from today (Monday). According to statement energy week will be celebrated at Attock Refinery Limited Rawalpindi from October 23rd to October 27th 2017. This celebration is being organized i

Published 23 Oct, 2017 12:00am

Interest-free loans to women: Punjab government allocates Rs 2 billion: minister

Mainstreaming of women is imperative and Punjab government has taken bold and revolutionary steps in this respect including allocation of Rs 2 billion to provide interest free loans to women under Women Entrepreneurs Financing Scheme, said Hameeda Wahid-u

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

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

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

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

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

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

'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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Currency	Rate
USD PKR Interbank Selling / May 12	281.63
USD PKR Interbank Buying / May 12	281.43
USD to Japanese Yen / May 12	145.91
USD to Swiss Franc / May 12	0.83
Pound Sterling to USD / May 12	1.33
Euro to USD / May 12	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
Nasdaq / May 9	17,928.92
Dow Jones / May 9	41,249.38
India Sensex / May 12	81,746.51
Tokyo Nikkei / May 12	37,643.20
Hang Seng / May 12	23,174.79
FTSE 100 / May 12	8,559.54
Germany DAX 30 / May 12	23,721.61
France CAC40 / May 12	7,802.81

Item	Value
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Petrol/Litre / May 12	252.63
Crude Oil USD/Barrel / May 12	61.81
Gold Spot USD/Ounce / May 12	3,279.94
Diesel/Litre / May 12	256.64
Cotton US¢/pound / May 12	67.45

Stock	Price
Equity Modaraba / May 12 First Equity Modaraba(FEM)	3.46 ▲ 0.96 (38.4%)
Cresent Jute / May 12 Crescent Jute Products Limited(CJPL)	3.29 ▲ 0.69 (26.54%)
Dewan Farooque Sp. / May 12 Dewan Farooque Spinning Mills Limited(DFSM)	2.99 ▲ 0.62 (26.16%)
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	4.99 ▲ 1 (25.06%)
Media Times Ltd / May 12 Media Times Limited(MDTL)	1.85 ▲ 0.34 (22.52%)
Pace (Pak) Ltd. / May 12 Pace (Pakistan) Limited(PACE)	5.39 ▲ 0.97 (21.95%)
Cres.Star Ins. / May 12 Crescent Star Insurance Limited(CSIL)	2.73 ▲ 0.47 (20.8%)
D.S. Ind. Ltd. / May 12 D.S. Industries Limited(DSIL)	4.71 ▲ 0.81 (20.77%)
Al-Shaheer Corp / May 12 Al Shaheer Corporation Limited(ASC)	5.88 ▲ 1 (20.49%)
Chenab Ltd (Pref) / May 12 Chenab Limited (Pref)(CLCPS)	2.43 ▲ 0.38 (18.54%)

Stock	Price
Ellcot Spinning / May 12 Ellcot Spinning Mills Limited(ELSM)	101.10 ▼ -11.09 (-9.89%)
Shams Textile / May 12 Shams Textile Mills Limited(STML)	21.50 ▼ -2 (-8.51%)
National Silk / May 12 The National Silk & Rayon Mills Limited(NSRM)	38.55 ▼ -3.5 (-8.32%)
Ali Asghar / May 12 Ali Asghar Textile Mills Limited(AATM)	41.50 ▼ -3.37 (-7.51%)
Quetta Textile / May 12 Quetta Textile Mills Limited(QUET)	10.31 ▼ -0.75 (-6.78%)
Din Tex. / May 12 Din Textile Mills Limited(DINT)	47 ▼ -2.99 (-5.98%)
Pak Leather / May 12 Pak Leather Crafts Limited(PAKL)	28.25 ▼ -1.75 (-5.83%)
Suraj Cotton / May 12 Suraj Cotton Mills Limited(SURC)	116 ▼ -7.14 (-5.8%)
Shield Corp. / May 12 Shield Corporation Limited(SCL)	266.51 ▼ -12.42 (-4.45%)
Sakrand Sugar / May 12 Sakrand Sugar Mills Limited(SKRS)	11.80 ▼ -0.52 (-4.22%)

Stock	Volume
K-Electric Ltd. / May 12 K-Electric Limited(KEL)	93,258,415 ▲ 0.62
At-Tahur Ltd. / May 12 At-Tahur Limited(PREMA)	67,046,598 ▲ 1.93
WorldCall Telecom / May 12 Worldcall Telecom Limited(WTL)	57,531,174 ▲ 0.16
Power Cement / May 12 Power Cement Limited(POWER)	34,395,202 ▲ 1.23
Cnergyico PK / May 12 Cnergyico PK Limited(CNERGY)	32,701,729 ▲ 1
B.O.Punjab / May 12 The Bank of Punjab(BOP)	30,391,662 ▲ 1
Hub Power Co. / May 12 The Hub Power Company Limited(HUBC)	21,323,637 ▲ 12.58
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	21,165,012 ▲ 1
Pak Int.Bulk / May 12 Pakistan International Bulk Terminal(PIBTL)	14,497,958 ▲ 1
Pak Elektron / May 12 Pak Elektron Limited(PAEL)	11,690,633 ▲ 4.02

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