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Nov 28, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-11-14
Paris wheat futures higher on one-week low

Paris wheat futures higher on one-week low

Paris wheat futures ended slightly higher on Friday, coming off an earlier one-week low, as Chicago grain prices steadied after a day-earlier slide sparked by a forecast for a record US corn yield. Paris futures were also underpinned by demand from Algeri
Published 14 Nov, 2017 12:00am
Activities at Karachi & Qasim Ports

Activities at Karachi & Qasim Ports

The Karachi Port handled 346,896 tonnes of cargo comprising 298,091 tonnes of import cargo and 48,805 tonnes of export cargo including NA loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 298,09
Published 14 Nov, 2017 12:00am
CBOT corn futures rise on technical buying

CBOT corn futures rise on technical buying

Chicago Board of Trade corn futures ended higher Friday on short-covering and technical buying after the benchmark December contract stayed above a contract low set a day earlier, traders said. CBOT December corn settled up 2 cents at $3.43-1/2 per bushel
Published 14 Nov, 2017 12:00am
CBOT wheat futures higher on short-covering

CBOT wheat futures higher on short-covering

Chicago Board of Trade wheat futures closed higher Friday on short-covering and spillover strength as corn futures stayed above contract lows set a day earlier, traders said. CBOT December wheat settled up 2-1/2 cents at $4.31-1/2 per bushel. For the week
Published 14 Nov, 2017 12:00am
Chinese iron ore futures fall for third day
Exchange

Chinese iron ore futures fall for third day

Chinese iron ore futures drifted down for a third day in a row on Friday amid concerns that consumption of the steelmaking commodity in the world's top user would be reduced as steel producers slash production over winter. The mills across northern China,
Published 14 Nov, 2017 12:00am
Russian economy grows at slower pace

Russian economy grows at slower pace

Russia's economic bounceback slowed in the third quarter with GDP growth of 1.8 percent, according to figures published by government statistics agency Rosstat. Rosstat's data is lower than the estimate of the Russian Ministry of Economic Development, whi
Published 14 Nov, 2017 12:00am
EU slaps sanctions on crisis-hit Venezuela

EU slaps sanctions on crisis-hit Venezuela

The EU on Monday hit Venezuela with sanctions including an embargo on arms and equipment that could be used for political repression, stepping up the pressure on President Nicolas Maduro as the crisis engulfing the Latin American state deepens. The move f
Published 14 Nov, 2017 12:00am
China's new yuan loans hit one-year low as debt curbs weigh

China's new yuan loans hit one-year low as debt curbs weigh

China's new loans fell more than expected in October to their lowest in a year as banks tightened mortgage lending and corporates continued to shun bank loans, amid a continuing clampdown on risky shadow lending activities. Chinese authorities are walking
Published 14 Nov, 2017 12:00am
Embattled GE plans thousands of layoffs amid corporate overhaul

Embattled GE plans thousands of layoffs amid corporate overhaul

Embattled industrial giant General Electric announced a massive restructuring plan on Monday that includes thousands of job cuts and sales of some units as the new management tries to right the corporate ship. Newly-installed CEO John Flannery rolled out
Published 14 Nov, 2017 12:00am
Mizuho to slash 19,000 jobs

Mizuho to slash 19,000 jobs

Major Japanese bank Mizuho Financial Group said Monday it aimed to slash 19,000 jobs over the next decade as it announced a 12-percent drop in its first-half profits. The lender said it would cut its current workforce of around 79,000 in Japan and oversea
Published 14 Nov, 2017 12:00am
UK shoppers cut spending by most in more than four years

UK shoppers cut spending by most in more than four years

British shoppers reined in their spending by the most in more than four years in October, according to a survey by payments company Visa which added to other signs that the squeeze on incomes is hitting the high street. Consumer spending - adjusted for in
Published 14 Nov, 2017 12:00am
Eurozone still 'vulnerable' as recovery gathers pace: ECB
Currency

Eurozone still 'vulnerable' as recovery gathers pace: ECB

Some eurozone countries are still "vulnerable" to economic shocks even as a hard-won recovery from the financial crisis solidifies, European Central Bank vice-president Vitor Constancio cautioned on Monday. "We are witnessing a sustained economy recovery
Published 14 Nov, 2017 12:00am
Denmark revamps tax system to boost investment

Denmark revamps tax system to boost investment

Denmark's government has reached agreement with other parties to simplify one of the world's most complex tax systems - including phasing out a 100-year old tax on nuts. The country's right-leaning government wants to cut taxes and trim bureaucracy to enc
Published 14 Nov, 2017 12:00am
Chip maker Qualcomm rejects $130 billion Broadcom merger bid

Chip maker Qualcomm rejects $130 billion Broadcom merger bid

Semiconductor giant Qualcomm on Monday said it rejected the $130 billion unsolicited merger bid from fellow chip maker Broadcom which could represent the biggest-ever takeover in the tech sector. Singapore-based Broadcom made the offer last week in a deal
Published 14 Nov, 2017 12:00am
Hong Kong stocks little changed

Hong Kong stocks little changed

Hong Kong's benchmark stock index rose slightly on Monday, reflecting general caution in Asian equities as investors awaited details on whether US Republicans could pass a tax reform deal quickly. The Hang Seng index added 0.2 percent, to 29,182.18 points
Published 14 Nov, 2017 12:00am
State funds support Saudi index, GFH Financial boosts Dubai
Exchange

State funds support Saudi index, GFH Financial boosts Dubai

Saudi Arabia's stock market rose on Monday, apparently boosted by purchases of shares by state-linked funds, while a surge in GFH Financial lifted Dubai's bourse. Data released by the Saudi exchange showed local individual investors were net sellers of st
Published 14 Nov, 2017 12:00am
Indian shares lower

Indian shares lower

Indian shares tumbled on Monday, dragged by financial stocks such as Housing Development Finance Corp, while Larsen & Toubro Ltd declined after it cut its full-year order flow growth guidance. The broader NSE index closed 0.94 percent lower at 10,224.95,
Published 14 Nov, 2017 12:00am
Tokyo stocks lower on US tax reform jitters

Tokyo stocks lower on US tax reform jitters

Tokyo stocks closed lower on Monday, hit by fears of a delay in US corporate tax cuts and selling to lock in profits after recent gains. The benchmark Nikkei 225 index lost 1.32 percent, or 300.43 points, to 22,380.99, closing down for a fourth straight d
Published 14 Nov, 2017 12:00am
Monday's early trade: Wall Street flat as GE, tax plan doubts weigh

Monday's early trade: Wall Street flat as GE, tax plan doubts weigh

Wall Street was little changed in late morning trading on Monday as GE's dismal outlook weighed on indexes and investors fretted over the future of the US tax reform plan. General Electric dropped 4.4 percent after the industrial conglomerate cut its 2018
Published 14 Nov, 2017 12:00am
Sri Lankan stocks hit near six-week low

Sri Lankan stocks hit near six-week low

Sri Lankan shares fell for a third straight session on Monday to their lowest close in near six weeks, weighed down by declines in telecom and banking stocks after the island nation targeted both cash-rich sectors in its 2018 budget to boost revenue. The
Published 14 Nov, 2017 12:00am
Southeast Asian stocks mostly down

Southeast Asian stocks mostly down

Most Southeast Asian stock markets gave up early gains on Monday to close lower on uncertainty over a US tax reform deal, while Vietnam shares closed at their highest in nearly a decade. World stock markets moved further away from recent record highs as U
Published 14 Nov, 2017 12:00am
Eurozone bond yields dip, Italy kicks off heavy supply week

Eurozone bond yields dip, Italy kicks off heavy supply week

Most eurozone government bond yields dipped on Monday but struggled to move too far from highs hit last week, with markets absorbing the first chunk of hefty debt supply scheduled for this week. Italy, one of the euro zone's biggest bond issuers, sold 6 b
Published 14 Nov, 2017 12:00am
Eurozone bond yields dip, Italy kicks off heavy supply week

Eurozone bond yields dip, Italy kicks off heavy supply week

Most eurozone government bond yields dipped on Monday but struggled to move too far from highs hit last week, with markets absorbing the first chunk of hefty debt supply scheduled for this week. Italy, one of the euro zone's biggest bond issuers, sold 6 b
Published 14 Nov, 2017 12:00am
China stocks extend climb, powered by banks

China stocks extend climb, powered by banks

China's major indexes extended gains on Monday, powered by banking firms, as investors cheered Beijing's deregulation in the financial sector, mitigating wider concerns about higher corporate borrowing costs as bond yields rose. The blue-chip CSI300 index
Published 14 Nov, 2017 12:00am
Poor earnings updates keep European shares at 7-week low

Poor earnings updates keep European shares at 7-week low

Heavy losses in utility EDF after a profit warning and other disappointing company updates weighed on European shares on Monday, pushing the pan-European benchmark to its lowest level since end-September. The pan-European STOXX 600 was 0.7 percent lower a
Published 14 Nov, 2017 12:00am
Portuguese toymaker Science4You eyes IPO

Portuguese toymaker Science4You eyes IPO

Portugal's small but fast-growing educational toymaker Science4You is considering an initial public offering while it seeks to keep boosting sales by over 30 percent a year, its CEO said. Science4You sells most of its products outside of Portugal, both on
Published 14 Nov, 2017 12:00am
Portuguese toymaker Science4You eyes IPO

Portuguese toymaker Science4You eyes IPO

Portugal's small but fast-growing educational toymaker Science4You is considering an initial public offering while it seeks to keep boosting sales by over 30 percent a year, its CEO said. Science4You sells most of its products outside of Portugal, both on
Published 14 Nov, 2017 12:00am
Australian shares fall; New Zealand crawls higher

Australian shares fall; New Zealand crawls higher

Australian shares ended slightly weaker on Monday, led lower by financial stocks, as two of the nation's "Big Four" banks, Westpac and ANZ, traded ex-dividend. The S&P/ASX 200 index fell 7.6 points or 0.1 percent to 6,021.8 at the close of trade.
Published 14 Nov, 2017 12:00am
Banks drag FTSE to six-week low, mid-caps hit by pound
Currency

Banks drag FTSE to six-week low, mid-caps hit by pound

British equities closed at nearly six-week lows on Monday, dragged down by financial sector shares and ceding earlier gains fuelled by the weak pound. Mid-cap firms, meanwhile, suffered their worst day in five months after the pound weakened more than hal
Published 14 Nov, 2017 12:00am
Sri Lankan rupee steady
Currency

Sri Lankan rupee steady

The Sri Lankan rupee closed little changed on Monday as dollar conversions by exporters were offset by importer demand for the US currency and investors waited for more clarity on some budget policies announced last week, dealers said. The government impo
Published 14 Nov, 2017 12:00am
Pound retreats, dollar crawls higher in Asia
Currency

Pound retreats, dollar crawls higher in Asia

The pound slipped early on Monday as troubles mounted for British Prime Minister May, with a report that 40 Conservative MPs are readying a leadership challenge, while Brexit talks face a crucial deadline. The dollar received a lift against its major peer
Published 14 Nov, 2017 12:00am
Euro pauses in Europe as global policymakers take spotlight
Currency

Euro pauses in Europe as global policymakers take spotlight

The euro drifted lower on Monday, consolidating below a one-week high tested in the previous session as investors moved to the sidelines before a central bank conference on Tuesday where central bankers may share their thoughts on the global economy. Euro
Published 14 Nov, 2017 12:00am
Leu sets record low
Exchange

Leu sets record low

The leu set record lows on Monday despite expectations for robust output data from Romania, depressed by uncertainty over a likely government spending spree and continuing fraud investigations in Bucharest. Anti-corruption prosecutors opened a probe into
Published 14 Nov, 2017 12:00am
Asian currencies subdued by uncertainty over US tax reform plans

Asian currencies subdued by uncertainty over US tax reform plans

Most Asian currencies were subdued on Monday as uncertainty about US President Donald Trump's tax reform plans checked investor enthusiasm. The head of the House of Representatives' tax-writing committee said on Sunday he would not accept elimination of a
Published 14 Nov, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Monday. 81.10-81.10 (previous 81.05-81.05).
Published 14 Nov, 2017 12:00am
Aussie, kiwi pressured as yield buffers erode
Currency

Aussie, kiwi pressured as yield buffers erode

The Australian dollar was pinned uncomfortably close to major chart support on Monday as its yield buffer over the US dollar shrank to its smallest since 2001, while its New Zealand counterpart was in only slightly better shape. The Aussie dollar was stuc
Published 14 Nov, 2017 12:00am
Sterling drops as political concerns multiply
Currency

Sterling drops as political concerns multiply

Sterling fell by nearly one percent on Monday, buffeted by political headwinds that put it on course for its biggest daily loss in more than 10 days. The Sunday Times reported that 40 lawmakers from Prime Minister Theresa May's Conservative Party had agre
Published 14 Nov, 2017 12:00am
Mexican peso slips
Currency

Mexican peso slips

The Mexican peso slipped on Monday ahead of the latest round of trade negotiations between Mexico, the United States and Canada later this week. Concerns that US President Donald Trump could make good on his threats to scrap the North American Free Trade
Published 14 Nov, 2017 12:00am
Hamilton offers glimpse of future in Brazil

Hamilton offers glimpse of future in Brazil

Lewis Hamilton's performance in Sunday's Brazilian Grand Prix was "the best fourth place I have ever seen" according to his Mercedes team chief Toto Wolff. The 32-year-old, who clinched his fourth world title in Mexico at the end of October, offered a gli
Published 14 Nov, 2017 12:00am
FIFA bribery trial to kick off in New York

FIFA bribery trial to kick off in New York

The FIFA corruption trial is to get underway with opening statements in New York on Monday, two and a half years after US prosecutors unveiled the largest graft scandal in the history of world soccer. Forty-two officials and marketing executives, and thre
Published 14 Nov, 2017 12:00am
Dimitrov beats Thiem as Nadal prepares to make bow

Dimitrov beats Thiem as Nadal prepares to make bow

Grigor Dimitrov launched his bid for glory at the ATP Finals on Monday with a 6-3, 5-7, 7-5 victory over Dominic Thiem as Rafael Nadal prepared to start his quest for the biggest title missing from his impressive collection. A single break was enough for
Published 14 Nov, 2017 12:00am
Thai court accepts $420 million lawsuit against Leicester City owner

Thai court accepts $420 million lawsuit against Leicester City owner

A Thai anti-corruption court on Monday accepted a lawsuit accusing duty-free giant King Power, the company that owns Leicester City Football Club, of owing the state $420 million in unpaid taxes. The case is a rare attack on an ultra-rich firm run by one
Published 14 Nov, 2017 12:00am
Polo in Pink Tournament 2017 begins

Polo in Pink Tournament 2017 begins

The Polo in Pink Tournament 2017 will get underway here at the Lahore Polo Club (LPC) ground from Tuesday (today). The purpose of holding this tournament is to raise awareness about breast cancer among the masses. Lahore Polo Club president Irfan Ali Hyde
Published 14 Nov, 2017 12:00am
Match-fixing damaged cricket a lot, says Waqar Younis

Match-fixing damaged cricket a lot, says Waqar Younis

Islamabad United Director Cricket Affairs Waqar Younis has warned that match-fixing could not be completely ruled out and said that collective efforts are required to eradicate this evil from the sports. Talking to media in Lahore, Waqar said match-fixing
Published 14 Nov, 2017 12:00am
Saeed Ajmal retires from all forms of cricket

Saeed Ajmal retires from all forms of cricket

Pakistan spinner Saeed Ajmal announced his retirement from all forms of cricket on Monday, two years after losing his wicket-taking bite with a remodelled bowling action that was twice deemed illegal. During a successful but controversial career, Ajmal wa
Published 14 Nov, 2017 12:00am
Pavlyuchenkova replaces Kuznetsova for Russia in Hopman Cup

Pavlyuchenkova replaces Kuznetsova for Russia in Hopman Cup

World No.15 Anastasia Pavlyuchenkova will replace Svetlana Kuznetsova in the Russian team at the Hopman Cup mixed teams event in January, organisers said on Monday. World No.12 Kuznetsova has withdrawn from the tournament but said she is still hopeful she
Published 14 Nov, 2017 12:00am
Hazlewood the key to battering England: Starc

Hazlewood the key to battering England: Starc

Mitchell Starc says pace partner Josh Hazlewood's unerring line and length will allow his fellow bowlers to let rip at England's batsmen in the Ashes Test series. Starc and Hazlewood form a potent new-ball attack for Australia in the series, which gets un
Published 14 Nov, 2017 12:00am
Moeen Ali ready to play first tour game ahead of Ashes series

Moeen Ali ready to play first tour game ahead of Ashes series

England's Moeen Ali says he has overcome his side strain and is ready to play his first Australian tour match in Townsville this week. The Worcestershire all-rounder missed England's opening two games in Perth and Adelaide but is available for the final A
Published 14 Nov, 2017 12:00am
Nishikori, Raonic to play in Brisbane International

Nishikori, Raonic to play in Brisbane International

Former winner Milos Raonic and this year's runner-up Kei Nishikori are set to return to next year's Brisbane International, organisers said on Monday. Canada's Raonic, the former world No.3 who defeated Roger Federer in the 2016 Brisbane final and is now
Published 14 Nov, 2017 12:00am
England call-up Garton extends Sussex stay

England call-up Garton extends Sussex stay

England call-up George Garton has signed a new two-year contract extension with Sussex that will keep him at the south coast county until the end of the 2020 season, it was announced Monday. Left-arm paceman Garton is one of the rising stars of the Englis
Published 14 Nov, 2017 12:00am
Trump hails 'great relationship' with Duterte

Trump hails 'great relationship' with Duterte

Donald Trump declared Monday he had a "great relationship" with Philippine President Rodrigo Duterte, a self-proclaimed killer who is waging a drugs war that rights groups say involves mass murder, as the leaders joked with each other in Manila. The US pr
Published 14 Nov, 2017 12:00am
33 killed as DR Congo train carrying fuel derails

33 killed as DR Congo train carrying fuel derails

Thirty-three people riding on a fuel train in southeastern Democratic Republic of Congo were killed and 26 were injured when the train plunged down a ravine and caught fire, officials said. The UN's radio Okapi said there had been 33 fatalities in the acc
Published 14 Nov, 2017 12:00am
Four-year-old migrant reunited with mother after 7 months

Four-year-old migrant reunited with mother after 7 months

A four-year-old migrant boy who reached Spain from Ivory Coast was reunited Monday with his mother seven months after she arrived on a different boat, a women's charity said. Bahoumou Totopa, 33, arrived on Spain's southern coast on an inflatable dinghy i
Published 14 Nov, 2017 12:00am
European, African ministers vow to better protect migrants

European, African ministers vow to better protect migrants

Ministers from 13 European and African countries on Monday pledged steps to ease the migrant crisis around the Mediterranean, vowing especially to improve conditions for migrants held in Libya. Interior ministers and other representatives from countries i
Published 14 Nov, 2017 12:00am
Climate change imperils one in four UNESCO natural sites

Climate change imperils one in four UNESCO natural sites

Climate change imperils one in four UN-listed natural heritage sites, including coral reefs, glaciers, and wetlands - nearly double the number from just three years ago, a report said Monday. The number of UNESCO natural sites at risk has grown to 62 from
Published 14 Nov, 2017 12:00am
ACCI seeks SMEDA's help to resolve problems

ACCI seeks SMEDA's help to resolve problems

A delegation headed by President Abbottabad Chamber of Commerce and Industry (ACCI) called on General Manager Out-Reach (GMOR), Small and Medium Enterprises Development Authority (SMEDA) Javed Iqbal Khattak here in the Regional Office of the authority on
Published 14 Nov, 2017 12:00am
NIT celebrates 55th anniversary
Mutual Funds

NIT celebrates 55th anniversary

National Investment Trust Limited (NITL) - the pioneer of Mutual Fund Industry in Pakistan has completed 55 years of its existence. NIT celebrated this auspicious occasion by holding a cake cutting ceremony at its Head Office Karachi. NIT is a highly resp
Published 14 Nov, 2017 12:00am
PMRC's office inaugurated in Karachi

PMRC's office inaugurated in Karachi

Pakistan Mortgage Refinance Company's (PMRC) office was formally inaugurated in Karachi recently by Deputy Governor State Bank, Jameel Ahmad. Speaking on the occasion, Jameel Ahmad said, "PMRC would provide long term funding at fixed rate which will incre
Published 14 Nov, 2017 12:00am
TAF Foundation to launch 'Customer Service & Retail Sales' training

TAF Foundation to launch 'Customer Service & Retail Sales' training

Recognizing the growing need for trained staff accompanying the huge expansion in retail industry, TAF Foundation's Vocational Training Institute (VTI) is launching its pilot for the 'Customer Service & Retail Sales' course from November 2017. Supported b
Published 14 Nov, 2017 12:00am
Beijing Foreign Studies University's students celebrate Iqbal Day

Beijing Foreign Studies University's students celebrate Iqbal Day

The students of Urdu Department of the Beijing Foreign Studies (BFS) University celebrated birth anniversary of great poet and philosopher, Allama Muhammad Iqbal in a befitting manner here on Monday. Zhang Shixuan, a writer of Urdu books was the chief gue
Published 14 Nov, 2017 12:00am
Speakers highlight youths' role in positive social change

Speakers highlight youths' role in positive social change

Media experts and journalists while taking part in a series of panel discussions said that youth in Pakistan carry the potential to bring about a positive turn around in society; and that women journalists can play a significant role towards lending Pakis
Published 14 Nov, 2017 12:00am
HR report on missing persons: Babar for making commission report public

HR report on missing persons: Babar for making commission report public

During the past 6 years, the Commission on Enforced Disappearances has neither fixed responsibility on those responsible for not registering FIRs nor published its report as provided in the law and it is time now to disband it and form a new one with expe
Published 14 Nov, 2017 12:00am
North Korean soldier shot while defecting to South Korea
Exchange

North Korean soldier shot while defecting to South Korea

A North Korean soldier was shot and injured by his own side Monday while defecting to South Korea at the border truce village of Panmunjom, the South's military said. The soldier, thought to be low ranking, was shot in the shoulder and elbow and was picke
Published 14 Nov, 2017 12:00am
Trump picks new US health secretary

Trump picks new US health secretary

US President Donald Trump, who harshly criticized pharmaceutical firms during his campaign, said Monday he has chosen an executive from the industry to be his new secretary of health. "Happy to announce, I am nominating Alex Azar to be the next HHS Secret
Published 14 Nov, 2017 12:00am
Air raids kill 21 civilians in northern Syria

Air raids kill 21 civilians in northern Syria

Air strikes on a market killed at least 21 civilians, including children, in a town in northern Syria on Monday despite a "de-escalation zone" in place there, a monitor said. The Britain-based Syrian Observatory for Human Rights said it was not immediatel
Published 14 Nov, 2017 12:00am
Syria on agenda as Putin and Erdogan meet in Russia

Syria on agenda as Putin and Erdogan meet in Russia

Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan met in Sochi on Monday, with efforts to bring peace to Syria set to dominate their talks at the Black Sea resort. Despite being on opposing sides of the Syrian conflict, Rus
Published 14 Nov, 2017 12:00am
Thousands protest in Yemen against Saudi-led blockade

Thousands protest in Yemen against Saudi-led blockade

Young and old, desk clerks and activists, Yemenis from all walks of life took to the streets Monday to protest a Saudi-led blockade that has left thousands struggling to survive. "This siege is oppressive, and the whole world is sleeping!" people chanted
Published 14 Nov, 2017 12:00am
Vietnam and China agree to avoid conflicts in South China Sea

Vietnam and China agree to avoid conflicts in South China Sea

Vietnam and China agreed Monday to avoid conflicts in the hotly contested South China Sea, as a new pathway to dialogue on easing tensions was opened with other Southeast Asian nations. The communist neighbours have long sparred over the sea, through whic
Published 14 Nov, 2017 12:00am
Georgia PM reshuffles cabinet

Georgia PM reshuffles cabinet

Georgian Prime Minister Giorgi Kvirikashvili on Monday announced a cabinet reshuffle and merger of several ministries in a bid to reduce red tape and the cost of running the government. "Time has come to change government structures in order to form a mor
Published 14 Nov, 2017 12:00am
Hundreds join MeToo march in Hollywood against sexual abuse

Hundreds join MeToo march in Hollywood against sexual abuse

Hundreds of people marched Sunday in Hollywood, joining a growing movement against sexual harassment and abuse that emerged after movie mogul Harvey Weinstein and later a string of film personalities faced accusations of misconduct. Demonstrators gathered
Published 14 Nov, 2017 12:00am
Lebanon PM says free in Saudi and will return home 'soon'

Lebanon PM says free in Saudi and will return home 'soon'

Saad Hariri, whose resignation as Lebanon's prime minister a week ago sent shockwaves across the region, said Sunday he is "free" in Saudi Arabia and will return to Lebanon "very soon". In an interview from Riyadh with his party's Future TV, Hariri brushe
Published 14 Nov, 2017 12:00am
Spain raises Russian meddling in Catalonia with EU

Spain raises Russian meddling in Catalonia with EU

Spain on Monday raised the issue of "disinformation and manipulation" emanating from Russia during the Catalan independence crisis, at a meeting of EU foreign and defence ministers. Madrid had said on Friday it was concerned by Russian social media activi
Published 14 Nov, 2017 12:00am
France mourns Paris attack victims, two years on

France mourns Paris attack victims, two years on

France marked two years Monday since its worst ever terror attacks, releasing colourful balloons into the sky to remember the 130 people killed on a Friday night out in Paris. President Emmanuel Macron laid wreaths at the six locations where gunmen and su
Published 14 Nov, 2017 12:00am
EU countries sign key defence pact

EU countries sign key defence pact

The EU took a step towards closer defence ties Monday, with 23 states signing a landmark pact aiming to boost cooperation after Brexit and as Russia flexes its muscles to the east. The permanent structured cooperation on defence agreement (PESCO) seeks to
Published 14 Nov, 2017 12:00am
Shanghai copper steadies
Exchange

Shanghai copper steadies

Shanghai Futures Exchange copper was steady at 53,500 yuan ($8,057) a tonne on Monday. China's industrial output figures are due on Tuesday and markets will be watching for any sign of cooling demand for base metals, ANZ said. Chinese data this month is e
Published 14 Nov, 2017 12:00am
Nickel prices rebound, copper climbs
Exchange

Nickel prices rebound, copper climbs

Nickel prices bounced back on Monday after two sessions of losses as industrial consumers bought metal to guard against further price gains and speculators also piled in. Nickel prices had shed 7 percent by Friday's close since touching a two-year peak of
Published 14 Nov, 2017 12:00am
Venezuela crude output hits 28-year low: Opec
Currency

Venezuela crude output hits 28-year low: Opec

Oil-dependent Venezuela's crude output dipped last month below 2 million barrels per day, its lowest level in nearly three decades, global producer group Opec said on Monday. The output fall could not come at a worse time, with the economy in crisis and t
Published 14 Nov, 2017 12:00am
Oil steady near two-year highs, US supply increase caps rise

Oil steady near two-year highs, US supply increase caps rise

Oil prices held steady in a tight range Monday after briefly testing lower, with support from Middle East tensions and record long bets by fund managers balanced by rising US production. Brent crude futures were down 26 cents a barrel at $63.27 a barrel b
Published 14 Nov, 2017 12:00am
Chile sees copper prices rising

Chile sees copper prices rising

Chile sees copper prices averaging $2.95 per lb next year, Chilean Minister of Mining Aurora Williams said at the LME Week industry gathering in London last Tuesday, citing a persistent market deficit. Copper prices have risen some 24 percent so far this
Published 14 Nov, 2017 12:00am
Rubber rises
Exchange

Rubber rises

Benchmark Tokyo rubber futures gained 1.7 percent on Monday as a bullish Shanghai market improved investor sentiment, brokers said. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, tend to follow the C
Published 14 Nov, 2017 12:00am
Palm oil in biggest decline in a month
Vegetable Oil

Palm oil in biggest decline in a month

Malaysian palm oil futures suffered their sharpest daily decline in over a month on Monday evening, falling for a third consecutive day as they tracked a weaker performing soyaoil on the Chicago Board of Trade (CBOT). A stronger ringgit, palm's currency o
Published 14 Nov, 2017 12:00am
Sugar sets 3-1/2 months high, weak pound buoys London cocoa

Sugar sets 3-1/2 months high, weak pound buoys London cocoa

Raw sugar futures on ICE rose to a 3-1/2 month high on Monday, boosted by fund short-covering against the backdrop of more use of cane in Brazil to produce ethanol rather than sugar. Cocoa prices showed mixed trends, with a weak pound boosting prices in L
Published 14 Nov, 2017 12:00am
Gold unchanged in Asia
Exchange

Gold unchanged in Asia

Gold prices drifted in a narrow range on Monday, but held near the previous session's low, pressured by a firmer dollar and expectations of a series of interest rate hikes by the US Federal Reserve this year and in 2018. Spot gold was nearly unchanged at
Published 14 Nov, 2017 12:00am
Gold rises in Europe

Gold rises in Europe

Gold recouped some of the previous session's hefty losses on Monday as the dollar steadied and uncertainty over a US tax reform plan stoked risk aversion, pulling equities from their recent record highs. However, prices remained hemmed in a narrow range a
Published 14 Nov, 2017 12:00am
US MIDDAY: wheat eases

US MIDDAY: wheat eases

Chicago wheat futures lost ground early on Monday, falling after two days of gains as abundant global supplies and a stronger dollar weighed on the market. Corn edged lower, falling for five out of seven sessions, weighed down by a US government estimate
Published 14 Nov, 2017 12:00am
US MIDDAY: gold recovers lost ground

US MIDDAY: gold recovers lost ground

Gold recouped some of the previous session's hefty losses on Monday as the US dollar steadied and uncertainty over a US tax reform plan stoked risk aversion, pulling equities from their recent record highs. Prices remained stuck in a narrow range, however
Published 14 Nov, 2017 12:00am
Malik calls UBG leaders' meeting tomorrow to discuss FPCCI polls

Malik calls UBG leaders' meeting tomorrow to discuss FPCCI polls

Chairman of United Business Group (UBG) Iftikhar Ali Malik has called a meeting of leaders of UBG in Lahore on November 15 to discuses group strategy vis-à-vis coming elections of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for the ye
Published 14 Nov, 2017 12:00am
FBR chairman visits LTU Islamabad

FBR chairman visits LTU Islamabad

As a part of exercise to review revenue collection performance of Large Taxpayer Units (LTUs), Chairman Federal Board of Revenue (FBR) Tariq Pasha visited LTU Islamabad on Monday and reviewed its contribution in overall collection of the FBR during 2017-1
Published 14 Nov, 2017 12:00am
LCCI urges government to deal with real factors behind pollution

LCCI urges government to deal with real factors behind pollution

The Lahore Chamber of Commerce and Industry has urged the government to control the real factors that are causing smog and pollution instead of putting responsibility on industrial sector. LCCI Acting President Zeshan Khalil in a statement on Monday said
Published 14 Nov, 2017 12:00am
LHC summons environment secretary, together with latest AQI record

LHC summons environment secretary, together with latest AQI record

The Lahore High Court (LHC) on Monday came hard on the Punjab government when it failed to present latest figures of Air Quality Index (AQI) in the provincial metropolis and observed, "Life of citizens is being reduced and authorities have not been roused
Published 14 Nov, 2017 12:00am
Leiner Pak Gelatine Limited

Leiner Pak Gelatine Limited

Leiner Pak Gelatine Limited was incorporated in Pakistan on 14 February, 1983. Its main products are gelatine and gelatine's by-product Di-calcium Phosphate.
Published 14 Nov, 2017 12:00am
Leiner Pak Gelatine Limited

Leiner Pak Gelatine Limited

Leiner Pak Gelatine Limited was incorporated in Pakistan on 14 February, 1983. Its main products are gelatine and gelatine's by-product Di-calcium Phosphate.
Published 14 Nov, 2017 12:00am
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