News Archives for Print - 2017-11-06

The Weather

The weather report on Sunday (November 05, 2017) and the forecast for Monday (November 06, 2017).

Published 06 Nov, 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 06 Nov, 2017 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (October 30 to November 03, 2017).

Published 06 Nov, 2017 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 06 Nov, 2017 12:00am

Top 250 firms emit third of CO2: study

The world's 250 biggest listed companies account for a third of all man-made greenhouse gas emissions yet few have strong goals to limit rising temperatures, a study showed on Tuesday. Coal India, Gazprom and Exxon Mobil topped the list when measuring car

Published 06 Nov, 2017 12:00am

Concentration of CO2 in atmosphere hits record high: UN

The concentration of carbon dioxide (CO2) in the atmosphere has hit a new high, the UN said on Monday, warning that drastic action is needed to achieve targets set by the Paris climate agreement. "Concentrations of carbon dioxide in the atmosphere surged

Published 06 Nov, 2017 12:00am

Inflammation in midlife linked to brain shrinkage later

People who show signs of inflammation in middle age are more likely to suffer from brain shrinkage later in life, a possible precursor to dementia or Alzheimer's disease, researchers said on Wednesday. The findings in the journal Neurology are the latest

Published 06 Nov, 2017 12:00am

Can spicy foods curb salt cravings or lower BP?

People who like spicy foods may eat less salt and have lower blood pressure, potentially reducing their risk of heart attacks and strokes, a study from China suggests. When people didn't care for spicy food, they consumed an average of 13.4 grams a day of

Published 06 Nov, 2017 12:00am

Extreme weather caused $129 billion losses last year: report

Extreme weather caused some $129 billion (111 billion euros) in economic losses last year, said a report on Tuesday that warned the bill will keep climbing as climate change boosts droughts, storms and floods. There was a 46-percent increase in weather di

Published 06 Nov, 2017 12:00am

Pain drugs in pregnancy tied to ADHD

Women who use a lot of the common pain reliever acetaminophen during pregnancy may be more likely to have children with attention deficit hyperactivity disorder (ADHD) than those who don't use the drug, a Norwegian study suggests. Researchers analyzed dat

Published 06 Nov, 2017 12:00am

Road to fitness: is running actually good for you?

Is running actually good for your health? Yes, say experts, as long as you are careful. Running for a longer life Runners are 30 percent less likely to have a premature death and 45 percent less likely to die from cardiovascular disease than non-runners,

Published 06 Nov, 2017 12:00am

Global smartphone sales keep momentum: IDC

The global smartphone market has momentum going into the year-end holiday shopping season, according to preliminary figures released Thursday by International Data Corporation (IDC). An estimated 373.1 million smartphones were shipped worldwide during the

Published 06 Nov, 2017 12:00am

Apple offers a nifty way to unlock iPhone X

Apple is offering a nifty way to unlock its new iPhone X - just stare at it. Face ID, Apple's name for its facial-recognition technology, replaces the fingerprint sensor found on other models. How well does it work - not just technically, but in everyday

Published 06 Nov, 2017 12:00am

'Technology for Good' launched by Microsoft Pakistan

In the spirit of its mission to empower every person and organization on the planet to achieve more, Microsoft has launched its globally-established "Technology for Good" program in Pakistan. This initiative is aimed at addressing the technology obstacles

Published 06 Nov, 2017 12:00am

Google-bred Waymo aims at shifting robotic cars into next gear

Google's self-driving car spin-off is accelerating efforts to convince the public that its technology is almost ready to safely transport people without any human assistance at all. Waymo, hatched from a Google project started eight years ago, showed off

Published 06 Nov, 2017 12:00am

SES Networks, CETel provide end-to-end connectivity for Telco in Africa

A major European telecom operator will bring connectivity to new areas across North and West Africa and enable contingency services during fibre outages using a satellite-based solution. The network is implemented by CETel, a German provider of global end

Published 06 Nov, 2017 12:00am

Mobile industry accounts for 5 percent of Latin American GDP: GSMA study

Latin America's mobile ecosystem generated 5 percent of GDP last year, according to a new GSMA study. The 2017 Latin America and Caribbean edition of the GSMA's Mobile Economy series, published Wednesday at the GSMA Mobile 360 Series 'Latin America event

Published 06 Nov, 2017 12:00am

Rising expenses take shine off StanChart profit rise

Higher expenses and flat revenues overshadowed better than expected quarterly profit for Standard Chartered on Wednesday, sending shares in the Asia-focused bank more than 5 percent lower. Pretax profit jumped 78 percent from the third quarter of last yea

Published 06 Nov, 2017 12:00am

Rising expenses take shine off StanChart profit rise

Higher expenses and flat revenues overshadowed better than expected quarterly profit for Standard Chartered on Wednesday, sending shares in the Asia-focused bank more than 5 percent lower. Pretax profit jumped 78 percent from the third quarter of last yea

Published 06 Nov, 2017 12:00am

Suzuki frets about India's electric shift despite sales boom

A sudden move to electric cars in India, which is considering electrifying all vehicles over the next 15 years, could catch Japan's Suzuki Motor Corp out in its largest market. "As the industry shifts towards EVs (electric vehicles), when it comes to Indi

Published 06 Nov, 2017 12:00am

AIG swings to quarterly loss, adds $836 million to reserves

American International Group Inc posted a bigger-than-expected quarterly loss on Thursday as the insurer booked huge catastrophe losses, and said it had set aside $836 million to meet losses related to prior-year accident claims. Hefty losses from claims

Published 06 Nov, 2017 12:00am

Currency

Barclays CEO forced to plan for Brexit without political clarity

Barclays is having to put plans in place for dealing with Britain's divorce from the European Union without clarity on how political negotiations will go, the bank's Chief Executive Jes Staley said on Wednesday. The British lender said in July that it was

Published 06 Nov, 2017 12:00am

Bharti Airtel profits plunge 77 percent

India's largest telecoms operator Bharti Airtel reported an almost 77 percent fall in net profits on Tuesday as it reels from a price war sparked by the country's richest man. The mobile giant said consolidated net profit for the quarter ending in Septemb

Published 06 Nov, 2017 12:00am

Bharti Airtel profits plunge 77 percent

India's largest telecoms operator Bharti Airtel reported an almost 77 percent fall in net profits on Tuesday as it reels from a price war sparked by the country's richest man. The mobile giant said consolidated net profit for the quarter ending in Septemb

Published 06 Nov, 2017 12:00am

Exchange

BNP Paribas Q3 profit rises, fixed income trading falls

France's biggest bank BNP Paribas posted an 8 percent rise in third quarter profit though the improvement was overshadowed by a weak performance at its market business. Trading in the lender's fixed income business fell 26 percent from a year ago, mirrori

Published 06 Nov, 2017 12:00am

Exchange

BNP Paribas Q3 profit rises, fixed income trading falls

France's biggest bank BNP Paribas posted an 8 percent rise in third quarter profit though the improvement was overshadowed by a weak performance at its market business. Trading in the lender's fixed income business fell 26 percent from a year ago, mirrori

Published 06 Nov, 2017 12:00am

Bankia's Q3 net profit falls

Spain's state-owned lender Bankia posted a 10 percent fall in third-quarter net profit on Monday as lending income remained pressured by low interest rates. Spanish banks' reporting season is being partially overshadowed by Catalonia's independence drive

Published 06 Nov, 2017 12:00am

Bankia's Q3 net profit falls

Spain's state-owned lender Bankia posted a 10 percent fall in third-quarter net profit on Monday as lending income remained pressured by low interest rates. Spanish banks' reporting season is being partially overshadowed by Catalonia's independence drive

Published 06 Nov, 2017 12:00am

Exchange

Saudi bank Samba's quarterly profit drops

Saudi Arabia's third-largest bank by assets, Samba Financial Group, reported a 2.5 percent drop in third-quarter net profit on Wednesday, blaming rising credit costs and other expenses. Net profit of 1.31 billion riyals ($349 million) in the three months

Published 06 Nov, 2017 12:00am

Exchange

Saudi bank Samba's quarterly profit drops

Saudi Arabia's third-largest bank by assets, Samba Financial Group, reported a 2.5 percent drop in third-quarter net profit on Wednesday, blaming rising credit costs and other expenses. Net profit of 1.31 billion riyals ($349 million) in the three months

Published 06 Nov, 2017 12:00am

Nomura posts fall in quarterly profit due to slump in bond trading

Japan's Nomura Holdings Inc posted its first fall in quarterly profit in more than a year due to a slump in bond trading, highlighting the brokerage's vulnerability to world markets as it looks for more sustainable overseas income. Thin trading volume amo

Published 06 Nov, 2017 12:00am

Nomura posts fall in quarterly profit due to slump in bond trading

Japan's Nomura Holdings Inc posted its first fall in quarterly profit in more than a year due to a slump in bond trading, highlighting the brokerage's vulnerability to world markets as it looks for more sustainable overseas income. Thin trading volume amo

Published 06 Nov, 2017 12:00am

Multinationals grapple with US Republican excise tax surprise

The Republican tax bill unveiled last week in the US Congress could disrupt the global supply chains of large, multinational companies by slapping a 20-percent tax on cross-border transactions they routinely make between related business units. European m

Published 06 Nov, 2017 12:00am

Exchange

France's Le Maire heads to Berlin to test Eurogroup waters

French Finance Minister Bruno Le Maire will meet German officials in Berlin this week to discuss the future of the euro zone and assess his own prospects of becoming the next chairman of the Eurogroup forum of finance ministers. French and German official

Published 06 Nov, 2017 12:00am

Sprint, T-Mobile call off merger after months of talks

Sprint Corp and T-Mobile US Inc said on Saturday they have called off merger talks to create a stronger US wireless company to rival market leaders, leaving No. 4 provider Sprint to engineer a turnaround on its own. The announcement marks the latest faile

Published 06 Nov, 2017 12:00am

UK firms near decision time on Brexit contingency plans

Almost two in three British firms will have implemented Brexit contingency plans by March if Britain and the rest of the European Union have not struck a transitional deal by then, a leading British employers group said. Ten percent of firms are already r

Published 06 Nov, 2017 12:00am

BoE's Carney sees slower growth without Brexit deal

Britain's economy will grow more slowly in the short term if the country fails to secure a future trading deal with the European Union after Brexit, Bank of England Governor Mark Carney said on Sunday. Asked in an interview with ITV television if Britain'

Published 06 Nov, 2017 12:00am

Air Arabia reports 26.6 percent profit increase

Air Arabia, the United Arab Emirates' only publicly-listed airline, reported a 26.6 percent increase in third quarter profit on Sunday. The low cost airline said in an emailed statement it made a net profit of 376 million dirham ($102.4 million) in the th

Published 06 Nov, 2017 12:00am

Russia's Gazprom, Iran fund in initial deal

Russian gas giant Gazprom signed an initial agreement with Iranian state-run investment fund IDRO to cooperate in unspecified oil, gas and energy projects, Iran's state news agency IRNA reported on Sunday. "The Industrial Development and Renovation Organi

Published 06 Nov, 2017 12:00am

New York Fed's Dudley may announce retirement

New York Federal Reserve President William Dudley, who oversaw the Fed's accumulation of trillions of dollars of assets in response to the 2007-2009 financial crisis, will likely announce his retirement this week, CNBC reported on Sunday, citing sources f

Published 06 Nov, 2017 12:00am

China's Cosco Shipping Ports to build container freight station

Abu Dhabi Ports has awarded China's Cosco Shipping Ports Ltd a contract to build a new Container Freight Station (CFS) in Abu Dhabi, which will be the region's largest, officials said on Sunday. The freight station will provide Abu Dhabi with a state-of-a

Published 06 Nov, 2017 12:00am

Currency

Blockchain becoming the rage at US business schools

US business schools are beefing up training in the software that underlies digital currency bitcoin, a technology expected to be a game changer in many industries. The move makes sense as more students seek careers in financial technology, or "fintech," w

Published 06 Nov, 2017 12:00am

Toyota seeks more investments in Israeli auto tech, robotics

Japan's Toyota Motor Corp is seeking more investments in Israeli robotics and vehicle technologies after its venture arm led a $14 million investment in Intuition Robotics in July. The startup, which makes robots for the elderly, was the first Israeli inv

Published 06 Nov, 2017 12:00am

Bangladesh wheat imports jump 30 percent in July-October

Bangladesh's wheat imports climbed nearly 30 percent to more than 2.1 million tonnes in the July to October period from a year earlier, food ministry data showed, with traders expecting the same pace in the coming months. The South Asian country has emerg

Published 06 Nov, 2017 12:00am

Bangladeshi firm signs deal with Siemens to produce electricity

A state-run Bangladeshi power generation company has signed a deal with Germany's Siemens AG to boost its electricity production by more than 20 percent to help support the country's economic development. "The project will cost $2.8 billion that comprised

Published 06 Nov, 2017 12:00am

Currency

Japanese stocks, long shunned, attract billions of foreign dollars

Japan is shaking off currency gains that typically punish its stocks, enticing foreign investors including Goldman Sachs Group Inc and BlackRock Inc, which are pumping billions of dollars into the country's equities. The Nikkei index rose to its highest l

Published 06 Nov, 2017 12:00am

Belarus eyeing China, Russia to place $600 million in bonds

Belarus is looking at China, Russia or other external markets to place $600 million in bonds in 2018 to help refinance its growing debt, its deputy Finance Minister said on Wednesday. Maksim Ermolovich said Belarus also plans to issue $400 million in bond

Published 06 Nov, 2017 12:00am

Belarus eyeing China, Russia to place $600 million in bonds

Belarus is looking at China, Russia or other external markets to place $600 million in bonds in 2018 to help refinance its growing debt, its deputy Finance Minister said on Wednesday. Maksim Ermolovich said Belarus also plans to issue $400 million in bond

Published 06 Nov, 2017 12:00am

Wary of central banks, share prices, UK funds ease off on equities

British fund managers have taken equity allocations down from two-year highs, having grown especially wary of pricier US shares as Western central banks prepare to wind down their super-easy credit policies. Reuters' latest monthly asset allocation poll w

Published 06 Nov, 2017 12:00am

Wary of central banks, share prices, UK funds ease off on equities

British fund managers have taken equity allocations down from two-year highs, having grown especially wary of pricier US shares as Western central banks prepare to wind down their super-easy credit policies. Reuters' latest monthly asset allocation poll w

Published 06 Nov, 2017 12:00am

Saudi index higher after steep fall on corruption inquiry

Saudi Arabia's stock index rebounded to close higher on Sunday after initially falling steeply in response to a crackdown on corruption that led to the detention of dozens of prominent political and business figures. A new anti-graft committee, headed by

Published 06 Nov, 2017 12:00am

China's primary money rates ease

China's primary money rates eased on Friday after the central bank injected medium-term loans into the financial system, as policy makers carried out a delicate balancing act between easing liquidity stress in the system and discouraging riskier lending.

Published 06 Nov, 2017 12:00am

Currency

World shouldn't be dominated by one currency: Medvedev

Russia and China were considering linking their national payment system, Russian Prime Minister Dmitry Medvedev said on Wednesday, as he called for a more balanced global finance structure. Noting the rise of China's Unionpay system and Beijing's efforts

Published 06 Nov, 2017 12:00am

US funds favour bonds over stocks as economic cycle ages

US fund managers increased recommendations for bond holdings in their model global portfolio to a five-month high in October on expectations the current economic cycle is nearing its end, a Reuters poll showed. The monthly survey of 13 US-based asset mana

Published 06 Nov, 2017 12:00am

US funds favour bonds over stocks as economic cycle ages

US fund managers increased recommendations for bond holdings in their model global portfolio to a five-month high in October on expectations the current economic cycle is nearing its end, a Reuters poll showed. The monthly survey of 13 US-based asset mana

Published 06 Nov, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 80.90-80.90 (previous 80.90-80.90).

Published 06 Nov, 2017 12:00am

China funds boost equity exposure to seven-month high, cut cash

Chinese fund managers boosted their suggested equity exposure for the next three months to the highest level in seven months, as recent economic data helped lift expectations for the world's second largest economy, a monthly Reuters poll showed. The fund

Published 06 Nov, 2017 12:00am

China funds boost equity exposure to seven-month high, cut cash

Chinese fund managers boosted their suggested equity exposure for the next three months to the highest level in seven months, as recent economic data helped lift expectations for the world's second largest economy, a monthly Reuters poll showed. The fund

Published 06 Nov, 2017 12:00am

Currency

Wall Street week ahead: US dollar enters centre stage for earnings

The dollar has moved from a supporting role to a featured player this earnings season, a boon to US multinationals which have benefited from the biggest quarterly year-on-year decline in the greenback in three years. Since the start of October, at least 3

Published 06 Nov, 2017 12:00am

Currency

Wall Street week ahead: US dollar enters centre stage for earnings

The dollar has moved from a supporting role to a featured player this earnings season, a boon to US multinationals which have benefited from the biggest quarterly year-on-year decline in the greenback in three years. Since the start of October, at least 3

Published 06 Nov, 2017 12:00am

Goerges lifts WTA Elite Trophy

Germany's Julia Goerges stormed to victory at the WTA Elite Trophy on Sunday, hammering number two seed CoCo Vandeweghe in the final to claim her second title of the year. The 29-year-old made an unexpected comeback in the first set to take down the fiery

Published 06 Nov, 2017 12:00am

Cries of 'freedom' as Barca march on

Barcelona continued their record-breaking start to a La Liga season by beating Sevilla 2-1 thanks to Paco Alcacer's double on Saturday in an atmosphere at the Camp Nou marked by the political upheaval in Catalonia. A huge Catalan flag and banners reading

Published 06 Nov, 2017 12:00am

Exchange

Aguero on target as Man City sink Arsenal

Manchester City's newly-crowned record goalscorer Sergio Aguero was on the mark again, as his second-half penalty helped the Premier League leaders beat Arsenal 3-1 on Sunday and maintain their unbeaten start to the season. Aguero scored via the post afte

Published 06 Nov, 2017 12:00am

Sock wins Paris Masters, makes Tour Finals

American Jack Sock battled back from a set down to beat qualifier Filip Krajinovic 5-7, 6-4, 6-1 and win the Paris Masters title on Sunday, snatching a place at the World Tour Finals. The 16th seed ended his Serbian opponent's fairytale run in the French

Published 06 Nov, 2017 12:00am

Indian Kapur wins Asian golf title

India's Shiv Kapur, playing on his home course in New Delhi, took an Asian tour title Sunday with four-under 68 on the fourth day of the Panasonic Open India tournament. Kapur stayed three strokes ahead of the field dominated by other Indian golfers. "I g

Published 06 Nov, 2017 12:00am

Newage take Seasons Canola Polo Cup

Newage emerged as title winners in the Seasons Canola Polo Cup 2017 after defeating Terra Energy by 6 1/2 -4 in the final here at the Lahore Polo Club ground on smogy Sunday. Hat-trick boy Bilal Haye emerged as hero of the day as he not only converted imp

Published 06 Nov, 2017 12:00am

Qualifying rounds of CAS Junior Squash begins

The qualifying rounds of all the five categories of the Chief of the Air Staff (CAS) National Junior Squash Championship is commencing from today (Monday) here at PAF Hashim Khan Squash Complex. Talking to media, Officer Commanding PAF Sports Control Boar

Published 06 Nov, 2017 12:00am

New York marathon underway amid heavy security after truck attack

Five days after the worst attack on New York since September 11, 2001, the city was staging a show of defiance Sunday, with some 2.5 million people packing the streets to cheer on 50,000 marathon participants from around the world. The day after an Uzbek

Published 06 Nov, 2017 12:00am

Anderson claims four as England draw tour opener

England pace spearhead James Anderson claimed four wickets as England's opening Ashes tour match ended in a draw against a youthful Western Australia XI in Perth on Sunday. Anderson finished with four for 27 as the second-string WA side reached 342 in rep

Published 06 Nov, 2017 12:00am

Qatar to use foreign police officers during 2022 World Cup

Police officers from different countries will be on Qatar's streets during the 2022 World Cup in an effort to prevent hooliganism, a senior security officer for the tournament has said. Major Ali Mohammed Al-Ali, deputy executive director for security wit

Published 06 Nov, 2017 12:00am

Mendis, Silva out for India Tests

Sri Lanka on Sunday dropped the out-of-form top order batsmen Kusal Mendis and Kaushal Silva from the squad for a three-match Test series against India starting in Kolkata next week. The board brought back all-rounders Dasun Shanaka and Dhananjaya de Silv

Published 06 Nov, 2017 12:00am

Sri Lanka hires Samaraweera as batting coach

Sri Lanka Sunday announced it was contracting former Test batsman Thilan Samaraweera as the batting coach to groom the national team in the run up to the 2019 World Cup. The 41-year-old Samaraw-eera, who retired from Test cricket in 2013, had been a batti

Published 06 Nov, 2017 12:00am

27 dead as Typhoon Damrey batters Vietnam

At least 27 people have died and nearly two dozen are missing after Typhoon Damrey barrelled into Vietnam, authorities said Sunday, damaging tens of thousands of homes and submerging highways days before the country welcomes world leaders to the Apec summ

Published 06 Nov, 2017 12:00am

Australia snubs: New Zealand offer to take refugees on PNG

Australia Sunday snubbed New Zealand's renewed offer to resettle 150 refugees held at remote Pacific camps, despite the closure of one detention centre in Papua New Guinea which has triggered a stand-off between detainees and the authorities.

Published 06 Nov, 2017 12:00am

China may grasp climate leadership at UN talks with Trump pulling out

China has a chance to assert leadership of a global plan to combat global warming this week at the first UN climate talks since US President Donald Trump decided to quit the 195-nation Paris Agreement, delegates say. Government experts are to work on a "r

Published 06 Nov, 2017 12:00am

Thousands march for murdered French jogger

Shocked locals in eastern France joined the family and distraught friends of a murdered jogger for a silent march on Sunday that saw up to 10,000 people take to the streets of the town of Gray.

Published 06 Nov, 2017 12:00am

US wants talks on Rohingya crisis but sanctions possible

The US wants a diplomatic solution to the Rohingya crisis but is not ruling out sanctions to pressure Myanmar if needed, a senior State Department official said Sunday in Bangladesh. Thomas Shannon, under secretary of state for political affairs, said sol

Published 06 Nov, 2017 12:00am

US senator attacked, injured by neighbour

Republican Senator Rand Paul suffered minor injuries after being attacked at his home in the southern state of Kentucky by a neighbour who tackled him from behind, according to a news report Saturday. State troopers arrived at Paul's home in Warren County

Published 06 Nov, 2017 12:00am

BBC name change stirs language row in Afghanistan

The BBC is facing an angry reaction in Afghanistan after it changed the name of one of its local language Facebook pages to BBC Dari, the official name of the Afghan version of Persian or Farsi but one rejected by many local Persian speakers. The Facebook

Published 06 Nov, 2017 12:00am

Afghan university sees first graduates in women's studies

Afghanistan's first graduates in women's studies donned caps and gowns on Sunday to collect their unusual qualifications in the patriarchal country. Kabul University is the country's first higher education institute to offer a degree focused on gender and

Published 06 Nov, 2017 12:00am

Turkey says Russia postpones Syria peace conference

Turkey on Sunday said Russia had decided to postpone a planned Syria peace conference this month that had met with a cool reception from Ankara and its Western allies. There was no confirmation by Russia of the announcement by President Recep Tayyip Erdog

Published 06 Nov, 2017 12:00am

Niger to let US forces arm drones in counter-terrorism fight

Niger will allow US forces stationed in the country to arm the drones being used to track jihadists, having previously allowed their use only for surveillance, the government said Saturday. The decision comes a month after jihadists ambushed a joint US-Ni

Published 06 Nov, 2017 12:00am

No letup in Juba standoff around ex-army chief's home

Troops remained deployed around the home of South Sudan's powerful former army chief Paul Malong on Sunday in a dispute over the fate of his 30 bodyguards, an army spokesman told AFP. The standoff began on Friday evening when more than 100 soldiers surrou

Published 06 Nov, 2017 12:00am

Egypt summons European envoys who criticised arrest of rights lawyer

Egypt summoned Sunday the ambassadors of Germany, Italy and The Netherlands after they criticised the arrest of an Egyptian human rights lawyer opposed to enforced disappearances, the foreign ministry said. The ministry added that they will also summon th

Published 06 Nov, 2017 12:00am

China tests new dredger capable of South China Sea projects

China is testing a new dredger ship that will greatly enhance its land reclamation capabilities, a state media report said on Sunday, as the country continues to develop facilities in the South China Sea in a bid to strengthen its claims in the waters. St

Published 06 Nov, 2017 12:00am

Scottish minister quits over 'inappropriate behaviour'

A junior minister in Scotland's government resigned on Saturday after admitting "inappropriate behaviour", as a sleaze scandal in British politics showed no sign of abating. Childcare minister Mark McDonald said in a statement that he apologised "unreserv

Published 06 Nov, 2017 12:00am

Five dead, thousands flee as floods hit Malaysia's Penang

Five people have been killed and over 3,000 evacuated after a storm triggered serious flooding Sunday in Malaysia's Penang, with the state's historic capital under murky brown water. The army was deployed to provide help after a torrential downpour lastin

Published 06 Nov, 2017 12:00am

US soldier killed in Afghanistan lifts death toll to 12 this year

A US soldier has died in Afghanistan, foreign forces said, taking the number of American fighters killed in action in the country this year to 12. The unidentified soldier "died as a result of wounds sustained during operations" on Saturday afternoon in L

Published 06 Nov, 2017 12:00am

Sacked Catalan leader turns himself in to Belgian police

Catalonia's sacked separatist leader Carles Puigdemont and four of his former ministers turned themselves in to Belgian police on Sunday after Spain issued a warrant for their arrest. The five, who face accusations of rebellion and sedition in Spain, are

Published 06 Nov, 2017 12:00am

Six dead in attack on Iraq's disputed Kirkuk

At least six people were killed Sunday in a suicide attack in the centre of Iraq's disputed Kirkuk city, a security official said. The attackers struck near a former police station used by Saraya al-Salam, a Shia paramilitary force led by powerful Iraqi c

Published 06 Nov, 2017 12:00am

IS attack killed at least 75 displaced Syrians

A car bombing by the Islamic State group killed at least 75 displaced civilians who had fled fighting in eastern Syria, a monitor said Sunday, as the cornered extremists try to defend their last strongholds. Syrian government troops meanwhile moved closer

Published 06 Nov, 2017 12:00am

Bahrain warns citizens against travel to Lebanon

Bahrain on Sunday urged its citizens to avoid travelling to Lebanon and advised those already in the country to leave immediately for their safety. "Due to the current conditions and developments in Lebanon, the foreign ministry asks citizens present in L

Published 06 Nov, 2017 12:00am

Philippines frees four East Timorese to attend ASEAN meeting

Philippine immigration authorities freed four East Timor delegates after holding them for 12 hours at Manila airport in a security clampdown ahead of the ASEAN and East Asia Summit next week. The four East Timorese were allowed into the Philippines but au

Published 06 Nov, 2017 12:00am

Thousands urge peace in anti-Trump protest in South Korea

Thousands of South Koreans protested Sunday against an upcoming visit by Donald Trump and called for peace as the US President begins an Asian tour dominated by North Korea's nuclear programme. Trump, who arrived in Tokyo on Sunday, is set to visit the So

Published 06 Nov, 2017 12:00am

Exchange

Trump says he's 'open' to meeting with North Korean leader

US President Donald Trump would "certainly be open" to meeting with North Korean leader Kim Jong-Un, he said in an interview broadcast Sunday as he began an extended Asian tour. Asked by journalist Sharyl Attkisson, host of the "Full Measure" TV show, whe

Published 06 Nov, 2017 12:00am

PPP opposes PTI call for early polls

Pakistan People's Party (PPP) on Sunday opposed the proposal of Pakistan Tehreek-e-Insaf (PTI) for early elections by dissolving the National and Provincial Assemblies. PPP spokesman Chaudhry Manzoor said that the party would oppose the premature dissolut

Published 06 Nov, 2017 12:00am

IBI assets grow by 16.6 percent

The Islamic Banking Industry (IBI) continued its growth momentum and witnessed 16.6 percent expansion in assets while its deposits increased by 17.7 percent during the Fiscal year 2017, according to latest official data. During the fiscal year 2017, the I

Published 06 Nov, 2017 12:00am

PTI demands early elections

Pakistan Tehreek-e-Insaf (PTI) Spokesman Fawad Chaudhry has said that his party does not want any delay in forthcoming elections 2018, rather it demands early elections in the country. In a video message on Sunday, the PTI spokesman proposed that all the

Published 06 Nov, 2017 12:00am

Nation won't accept another NRO: Imran

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Sunday said that the people of Pakistan will not accept another National Reconciliation Ordinance (NRO). "The entire nation will go to Islamabad and protest till it gets rid of the corrupt leadership i

Published 06 Nov, 2017 12:00am

Interview with the Director of Impact and Development at Propeller, New Orleans: Entrepreneurship and women empowerment'

Sydney Gray is the Director of Impact and Development at Propeller, an entrepreneurship incubator and accelerator dedicated to driving social, environmental, and economic impact in New Orleans. She is also the founding director of Mama Maji, an organizati

Updated 15 Nov, 2017 09:57am

Currency	Rate
USD PKR Interbank Selling / Oct 4	277.65
USD PKR Interbank Buying / Oct 4	277.45
USD to Japanese Yen / Oct 5	148.70
USD to Swiss Franc / Oct 5	0.86
Pound Sterling to USD / Oct 5	1.31
Euro to USD / Oct 5	1.10

Stock	Volume
S&P 500 / Oct 5	5,751.07
India Sensex / Oct 5	81,688.45
Tokyo Nikkei / Oct 5	38,635.62
Nasdaq / Oct 5	18,137.85
Hang Seng / Oct 5	22,736.87
FTSE 100 / Oct 5	8,280.63
Dow Jones / Oct 5	42,352.75
Germany DAX 30 / Oct 5	19,120.93

Item	Value
Crude Oil USD/Barrel / Oct 5	74.38
Karachi Cotton PKR/37.32 KG / Oct 5	18,285
Gold 10 Grams PKR / Oct 5	237,401.20
Gold Spot USD/Ounce / Oct 5	2,653.60
Cotton US¢/pound / Oct 5	73.27
Petrol/Litre / Oct 6	247.03

Stock	Price
786 Invest Ltd / Oct 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 6 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 6 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 6 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 6 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 6 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 6 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 6 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 6 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 6 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 6 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 6 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Most Popular