News Archives for Print - 2017-11-20

The Weather

The weather report on Sunday (November 19, 2017) and the forecast for Monday (November 20, 2017).

Published 20 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 20 Nov, 2017 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (November 13 to 17, 2017).

Published 20 Nov, 2017 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 20 Nov, 2017 12:00am

Cataract surgery tied to lower risk of early death for older women

Older women with cataracts who get surgery to treat the eye problem may be less likely to die prematurely than those who don't get the operations, a recent US study suggests. Researchers examined data on 74,044 women with cataracts, including 41,735 who u

Published 20 Nov, 2017 12:00am

Psoriasis tied to higher risk of damaging liver

People with chronic inflammatory disorders like psoriasis and rheumatoid arthritis may have an increased risk of developing serious liver damage, a recent study suggests. These inflammatory disorders are often treated with methotrexate, a medication linke

Published 20 Nov, 2017 12:00am

Brain pathway makes head and face pain very draining

If head and facial pain seem stronger and scarier than pain elsewhere, it's because a special pathway in the brain is heightening our emotions from pain at those sites, according to studies in mice. People usually experience head and facial pain as more s

Published 20 Nov, 2017 12:00am

New BP range means nearly half of Americans have hypertension

Tighter blood pressure guidelines from US heart organizations mean millions more people need to make lifestyle changes, or start taking medication, in order to avoid cardiovascular problems. Americans with blood pressure of 130/80 or higher should be trea

Published 20 Nov, 2017 12:00am

15,000 scientists say threats to planet now 'far worse'

Twenty-five years after global scientists issued a "warning to humanity" about dangers to the environment, a new update released Monday says most of the planet's problems are getting "far worse." More than 15,000 global scientists from 184 countries signe

Published 20 Nov, 2017 12:00am

Risk of breast cancer recurrence lasts for decades

Many women who follow initial breast cancer treatment with five years of hormone therapy to keep tumors at bay may still experience new malignancies up to two decades after their diagnosis, a study suggests. Researchers examined data from 88 clinical tria

Published 20 Nov, 2017 12:00am

Dimming Sun's rays to cool planet will affect storms too: study

Injecting billions of reflective particles into the stratosphere could help cool an overheating planet, but would also alter the intensity of tropical storms, researchers said on Tuesday. Depending on the hemisphere in which such aerosols are released, hu

Published 20 Nov, 2017 12:00am

Only half of organizations' leadership digitally literate, ISACA research indicates

Only half (53 percent) of surveyed business technology professionals believe their organization's leadership is digitally literate, according to ISACA's new Digital Transformation Barometer research. The other 47 percent either don't think their business

Published 20 Nov, 2017 12:00am

Apple to help India develop anti-spam app after face-off with regulator

Apple Inc has agreed to give limited help to the Indian government to develop an anti-spam mobile application for its iOS platform, after refusing to do so based on privacy concerns, according to sources and documents seen by Reuters.

Published 20 Nov, 2017 12:00am

US says North Korean malware lurking in computer networks

US authorities said Tuesday malware developed in North Korea is still lurking in many computer networks, giving hackers backdoor access to government, financial, automotive and media organizations. An alert issued by the Department of Homeland Security wa

Published 20 Nov, 2017 12:00am

US agency approves TV tech that gives better pictures but less privacy

The US Federal Communications Commission voted 3-2 on Thursday to allow broadcasters to voluntarily use a new technology to improve picture quality and allow better reception on mobile phones and give advertisers dramatically more data about viewing habit

Published 20 Nov, 2017 12:00am

Share-to-print from android devices

The Mopria Alliance, a global non-profit membership organization chartered to drive industry-wide standards for mobile printing, on November 15 released Mopria Print Service 2.3, expanding mobile printing support by allowing users to print using the Share

Published 20 Nov, 2017 12:00am

China maintains reign over world supercomputer rankings: survey

China now has more high-performance supercomputers than ever before, again besting the United States in global rankings, a supercomputer tracking organisation said. The standing corresponds with China's growing reputation as the global leader in supercomp

Published 20 Nov, 2017 12:00am

MUFG Q2 profit jumps

Mitsubishi UFJ Financial Group (MUFG) on Tuesday reported a 12 percent rise in quarterly net profit, as gains from selling equity holdings and smaller bad loan costs helped offset a weak lending business. Japanese banks typically buy shares of corporate c

Published 20 Nov, 2017 12:00am

MUFG Q2 profit jumps

Mitsubishi UFJ Financial Group (MUFG) on Tuesday reported a 12 percent rise in quarterly net profit, as gains from selling equity holdings and smaller bad loan costs helped offset a weak lending business. Japanese banks typically buy shares of corporate c

Published 20 Nov, 2017 12:00am

Vodafone rebounds into first-half net profit

British mobile phone giant Vodafone rebounded back into first-half net profit, it said Tuesday, after the previous year's performance was skewed by a vast Indian write-down. Earnings after taxation hit 1.131 billion euros ($1.318 billion) in the six month

Published 20 Nov, 2017 12:00am

Vodafone rebounds into first-half net profit

British mobile phone giant Vodafone rebounded back into first-half net profit, it said Tuesday, after the previous year's performance was skewed by a vast Indian write-down. Earnings after taxation hit 1.131 billion euros ($1.318 billion) in the six month

Published 20 Nov, 2017 12:00am

French insurer AXA narrows M&A focus to 16 countries

French insurer AXA will narrow its acquisition focus to 16 key countries and could sell some assets in markets where it lacks scale, its executives said on Tuesday. "We want to focus on fewer countries. We want to focus on these countries where we have sc

Published 20 Nov, 2017 12:00am

Mizuho Q2 profit falls 12 percent

Mizuho Financial Group posted on Monday a 12 percent drop in quarterly profit, as ultra-low interest rates hurt income at its core banking business. Net profit at Japan's third-largest lender by assets came in at 198.4 billion yen ($1.75 billion) for the

Published 20 Nov, 2017 12:00am

Mizuho Q2 profit falls 12 percent

Mizuho Financial Group posted on Monday a 12 percent drop in quarterly profit, as ultra-low interest rates hurt income at its core banking business. Net profit at Japan's third-largest lender by assets came in at 198.4 billion yen ($1.75 billion) for the

Published 20 Nov, 2017 12:00am

Petrobras Q3 profit disappoints on non-recurring charges

Petrleo Brasileiro SA's third-quarter profit missed analysts' forecasts for a big rise as the Brazilian state-controlled oil company blamed weak margins in refining and non-recurring charges for the lacklustre result. Petrobras posted a net profit of 266

Published 20 Nov, 2017 12:00am

Petrobras Q3 profit disappoints on non-recurring charges

Petrleo Brasileiro SA's third-quarter profit missed analysts' forecasts for a big rise as the Brazilian state-controlled oil company blamed weak margins in refining and non-recurring charges for the lacklustre result. Petrobras posted a net profit of 266

Published 20 Nov, 2017 12:00am

Exchange

Banking arm helps Japan Post's H1 profit jump

Japan Post Holdings Co Ltd's six-month net profit rose by a fifth as its banking unit again helped offset weakness at its mail business, underscoring its reliance on the arm as the government cuts its stake in the postal and financial giant. Japan Post's

Published 20 Nov, 2017 12:00am

Few banks seen queuing for China's red carpet invite

China stunned the finance world last week when it unveiled plans to allow foreign control of its financial institutions. Few bankers thought their long-held dream of better access to the world's largest banking market was within reach. The likelihood, how

Published 20 Nov, 2017 12:00am

EU-Mercosur free-trade pact supporters push for deal

Supporters of a free trade pact between the EU and the Mercosur states in South America, under negotiation for nearly 20 years, are seeking to swim against the current and secure a deal by the end of the year. "At a moment when the Anglo-Saxon world is in

Published 20 Nov, 2017 12:00am

Brazil central banker says 'fine' with gradual US rate hikes

Brazil's central bank chief Ilan Goldfajn said he expects the US Federal Reserve to continue to raise US interest rates gradually, allowing the current relatively benign environment for the South American economy to continue. "If we continue to see things

Published 20 Nov, 2017 12:00am

'No fireworks' at NAFTA talks, but few signs of progress

Negotiations in Mexico to update NAFTA have not made much progress on tough US demands that could sink the 1994 trade pact, but the current round of talks are progressing with civility, some participants said on Saturday. Officials from the United States,

Published 20 Nov, 2017 12:00am

UK budget aims for driverless cars by 2021

British finance minister Philip Hammond is to announce £75 million ($99 million, 84 million euros) funding for Artificial Intelligence and plans to put driverless cars on UK roads by 2021, in his budget speech on Wednesday. Hammond will announce regulatio

Published 20 Nov, 2017 12:00am

Allianz well-shielded against takeover attempts

Allianz, the world's fourth-largest insurer by market value, is well-protected against potential takeover attempts, its chief financial officer told a German paper. "Whoever wanted to buy a company like Allianz with a market value of more than 85 billion

Published 20 Nov, 2017 12:00am

China pledges another three years of 'toilet revolution' to boost tourism

China announced on Sunday plans to build and upgrade 64,000 public toilets between 2018 to 2020 as part of its "toilet revolution" aimed at boosting tourism and lifting the sector's contribution to economic growth. China has been keen to develop and expan

Published 20 Nov, 2017 12:00am

Exchange

China regulator approves Shanghai copper options

The China Securities Regulatory Commission has approved an application from the Shanghai Futures Exchange (ShFE) to trade copper futures options, the official Shanghai Securities News reported on Sunday. Futures options for copper would be China's first f

Published 20 Nov, 2017 12:00am

Avolon agrees to buy 75 Boeing aircraft

Chinese aircraft leasing company Bohai Capital said on Sunday its Avolon Aerospace Leasing Ltd subsidiary had agreed to buy 55 B737 MAX 8 and 20 B737 MAX 10 aircraft from Boeing, and may order an additional 20 M737 MAX 8, with a total list value of around

Published 20 Nov, 2017 12:00am

Hainan Airlines to launch new Sydney route

China's Hainan Airlines will start direct flights from its base in Haikou, on Hainan island, to Sydney, Australia, from January 30, the official Xinhua news agency reported on Sunday. The airline will fly an Airbus A330 on the new route twice a week, Xinh

Published 20 Nov, 2017 12:00am

Embattled Toshiba to boost capital by $5.3 billion share issuance

Embattled Japanese conglomerate Toshiba said Sunday it plans to raise $5.3 billion by issuing new shares, a move aimed at avoiding a humiliating delisting from the Tokyo bourse. A board meeting on Sunday decided on the move, it said. Toshiba will issue 2.

Published 20 Nov, 2017 12:00am

Iran has exported 4.26 million barrels of oil from South Pars since March

Iran has exported about 4.26 million barrels of oil from South Pars to international destinations since the beginning of the Iranian calendar year, which began in late March, Fardin Asadi, the manager for development of oil layers at South Pars, said on S

Published 20 Nov, 2017 12:00am

Saudi Aramco converts Jeddah refinery to products distribution hub

Saudi Aramco has shut down its 80,000 barrel per day crude oil refinery in Jeddah indefinitely, converting the complex into a hub for oil products distribution, it said on Sunday. Aramco has been considering whether to shut the refinery for years because

Published 20 Nov, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 81.20-81.20 (previous 81.15-81.15).

Published 20 Nov, 2017 12:00am

Japan fund managers increase North American stocks in October

Japanese fund managers increased their exposure to North American stocks in October, a month when Wall Street shares marked a succession of record highs, a Reuters poll showed. The survey of five Japan-based fund managers conducted between October 16 and

Published 20 Nov, 2017 12:00am

Japan fund managers increase North American stocks in October

Japanese fund managers increased their exposure to North American stocks in October, a month when Wall Street shares marked a succession of record highs, a Reuters poll showed. The survey of five Japan-based fund managers conducted between October 16 and

Published 20 Nov, 2017 12:00am

Currency

From Chinese giants to new frontiers: emerging dollar bond sales boom

Frontier economies including Tajikistan and Iraq along with credit-hungry Asian firms led emerging market borrowing in the July-September quarter, as 2017 shapes up to be another record year for debt sales. Stronger economic growth in the developing world

Published 20 Nov, 2017 12:00am

Currency

From Chinese giants to new frontiers: emerging dollar bond sales boom

Frontier economies including Tajikistan and Iraq along with credit-hungry Asian firms led emerging market borrowing in the July-September quarter, as 2017 shapes up to be another record year for debt sales. Stronger economic growth in the developing world

Published 20 Nov, 2017 12:00am

Exchange

Hong Kong IPO surge challenges New York in battle for China listings

It's not often Hong Kong can boast hotter initial public offerings than New York, but some recent deals and a potential pipeline of big Chinese tech floats suggest a shift in the balance between the two fundraising rivals. While New York is set to top the

Published 20 Nov, 2017 12:00am

Exchange

Hong Kong IPO surge challenges New York in battle for China listings

It's not often Hong Kong can boast hotter initial public offerings than New York, but some recent deals and a potential pipeline of big Chinese tech floats suggest a shift in the balance between the two fundraising rivals. While New York is set to top the

Published 20 Nov, 2017 12:00am

Geopolitics weigh on Middle East markets

Middle Eastern stock markets generally fell on Sunday, weighed down by geopolitics and concern about Saudi Arabia's anti-corruption crackdown, while Dana Gas shares sank in Abu Dhabi because of a British High Court ruling on its Islamic bonds. In the last

Published 20 Nov, 2017 12:00am

Egypt plans dollar-denominated Eurobonds

Egypt plans to issue dollar-denominated Eurobonds between January and February next year, followed by a euro-denominated bonds later, the finance minister said on Tuesday, as the country looks to diversify its funding sources. Egypt has been negotiating b

Published 20 Nov, 2017 12:00am

Egypt plans dollar-denominated Eurobonds

Egypt plans to issue dollar-denominated Eurobonds between January and February next year, followed by a euro-denominated bonds later, the finance minister said on Tuesday, as the country looks to diversify its funding sources. Egypt has been negotiating b

Published 20 Nov, 2017 12:00am

China's money rates ease

China's primary money rates fell for the week after the central bank made the largest weekly net fund injection in 10 months, in what traders said was targeted at easing liquidity stress in the financial system and calming a recent bond market rout. The P

Published 20 Nov, 2017 12:00am

Foreign investors turn net sellers of Asian bonds in October

Foreign investors turned net sellers of Asian bonds for the first time in the year in October as US Treasury yields rose sharply in the month, reducing the appeal for regional bonds. Data from central banks and local bond market associations in India, Ind

Published 20 Nov, 2017 12:00am

Foreign investors turn net sellers of Asian bonds in October

Foreign investors turned net sellers of Asian bonds for the first time in the year in October as US Treasury yields rose sharply in the month, reducing the appeal for regional bonds. Data from central banks and local bond market associations in India, Ind

Published 20 Nov, 2017 12:00am

Currency

Canadian dollar looks set to rise, curbed by rate concerns

The Canadian dollar is likely to bounce back from its recent trough over the coming year, supported by prospects of more interest rate hikes and higher oil prices, but it probably will not strengthen as much as previously thought, a Reuters poll of curren

Published 20 Nov, 2017 12:00am

Exchange

Latin American IPO boomlet gathers steam, led by Brazil, Argentina

Recovery hopes in two of Latin America's largest economies, Brazil and Argentina, have triggered a surge in initial public offerings, with companies in mining, food, construction and fuel distribution set to test the markets in coming months. More than 25

Published 20 Nov, 2017 12:00am

Exchange

Latin American IPO boomlet gathers steam, led by Brazil, Argentina

Recovery hopes in two of Latin America's largest economies, Brazil and Argentina, have triggered a surge in initial public offerings, with companies in mining, food, construction and fuel distribution set to test the markets in coming months. More than 25

Published 20 Nov, 2017 12:00am

Exchange

Wall Street week ahead: despite Amazon, brick stores are not dead yet

Just in time for the Black Friday kick-off to holiday season shopping, stock market investors have been handed tools to bet on the decline of brick-and-mortar retail. As of Friday, these tools were not yet for sale on Amazon. An exchange-traded fund launc

Published 20 Nov, 2017 12:00am

Record-breaking Valencia maintain Barca chase

Valencia maintained their pursuit of Barcelona to remain four points off the La Liga leaders thanks to second-half goals from Geoffrey Kondogbia and Santi Mina to beat a luckless Espanyol 2-0 on Sunday. A club record eighth straight La Liga win for Valenc

Published 20 Nov, 2017 12:00am

Suarez inspires Barca, Real and Atletico in derby stalemate

Real Madrid and Atletico each slipped 10 points behind La Liga leaders Barcelona after an intense Madrid derby finished goalless and the Catalans picked up an 11th victory in 12 games by winning 3-0 at Leganes. Atletico forward Angel Correa wasted a glori

Published 20 Nov, 2017 12:00am

Lehmann calls for Australia to get behind Ashes selection

Australia coach Darren Lehmann defended the squad selection for the Ashes opener on Sunday and urged former players to back the team as they prepare to try and wrest the famous urn back from English hands. Spin-bowling great Shane Warne was among the form

Published 20 Nov, 2017 12:00am

British sailor dies on Round the World Race

A 60-year-old British sailor has died after falling overboard during the Clipper round-the-world yacht race, organisers said. Simon Speirs, a retired solicitor from Bristol, south-west England, was washed over the side of his vessel, which was competing i

Published 20 Nov, 2017 12:00am

Turkish Olympic giant Suleymanoglu mourned

Hundreds of mourners including his greatest sporting rival attended the funeral of Turkey's triple Olympic champion Naim Süleymanoglu on Sunday. Known as the pocket Hercules Suleymangolu, who won three straight Olympic weightlifting titles starting at Seo

Published 20 Nov, 2017 12:00am

Tete makes history with fastest world title KO

Zolani Tete took just 11 seconds to record the fastest knockout in world championship fight history in Belfast on Saturday night. The South African etched his name into the record books when he flattened countryman Siboniso Gonya with his first punch to r

Published 20 Nov, 2017 12:00am

Fleetwood wins European Order of Merit

A back nine meltdown by Justin Rose on Sunday handed the Race to Dubai title to Tommy Fleetwood and the $8 million DP World Tour Championship to Jon Rahm. The English world No6 was leading by one shot after 11 holes of blemish-free golf, and with Fleetwoo

Published 20 Nov, 2017 12:00am

No dressing room help for Perera, says Sri Lanka

Sri Lanka's cricket board Sunday defended Dilruwan Perera after television replays suggested the batsman looked to the dressing room during a delayed review call in the first Test against India. Perera, who was involved in a crucial 43-stand eight-wicket

Published 20 Nov, 2017 12:00am

Chen Long wins badminton China Open

Olympic champion Chen Long delighted the home crowd as he defeated world number one Viktor Axelsen of Denmark to win the China Open for a fourth time on Sunday. The sixth-seeded Chinese emerged from a see-saw battle 21-16, 14-21, 21-13 in Fuzhou, getting

Published 20 Nov, 2017 12:00am

Disabled T20 Inter-Region Cricket Championship in December

The National Twenty20 Inter-Region Disabled Cricket Championship will be organized in December this year either in Islamabad and Rawalpindi, as the trials process of Pakistan Disabled Cricket Association would be completed shortly. The association secreta

Published 20 Nov, 2017 12:00am

Rahul, Dhawan help India bounce back

Openers Lokesh Rahul and Shikhar Dhawan hit fluent half-centuries to lead India's fightback after conceding a significant first innings lead to Sri Lanka on day four of the rain-hit opening Test on Sunday. The duo put together a 166-run stand before Dhawa

Published 20 Nov, 2017 12:00am

Palestinian Authority ordered to pay for deadly attack

An Israeli judge has ordered the Palestinian Authority and perpetrators of a deadly 2001 attack to pay $18 million in damages to relatives of those killed, the court said Sunday. The Jerusalem District Court named imprisoned Palestinian leader Marwan Barg

Published 20 Nov, 2017 12:00am

Exchange

UN calls on Syria warring sides to stop targeting civilians

The United Nations on Sunday called on Syria's warring sides to stop targeting civilians in the capital Damascus and nearby neighbourhoods, where escalating bombardment has killed dozens in recent days. Rebel groups and regime forces are locked in a cycle

Published 20 Nov, 2017 12:00am

French police officer kills three

A 31-year-old French police officer shot three people dead before turning his gun on himself, in a killing spree sparked by a row with his girlfriend, police the local prosecutor said Sunday. The news comes with France already grappling with the surge in

Published 20 Nov, 2017 12:00am

Nato takes 'disciplinary' action over Turkey 'enemy' insult

Nato has taken 'disciplinary action' against an individual over an incident in which Turkey's President Recep Tayyip Erdogan and the country's modern founder Mustafa Kemal Ataturk were portrayed as enemies, the alliance's secretary general has said. The i

Published 20 Nov, 2017 12:00am

Helping the poor is a 'Passport to Paradise,' says Pope

Pope Francis welcomed the poor, homeless and unemployed as guests of honour for a Mass and gourmet meal in the Vatican on Sunday, saying that helping the needy was one way of obtaining a "passport to paradise". Francis celebrated a Mass marking the Roman

Published 20 Nov, 2017 12:00am

Load-shedding will come to an end shortly: PM

The loadshedding in the country will come to an end very soon as the electricity crisis has been overcome to a great extent. This was stated by Prime Minister Shahid Khaqan Abbasi when the Governor of Sindh, Muhammad Zubair, called on him at the Governor

Published 20 Nov, 2017 12:00am

Police foil Fixit protesters' bid to enter Red Zone

Police on Sunday resorted to teargas shelling and baton-charge alongside use of water cannon to disperse the Fixit campaigners to prevent them from entering the high-security Red Zone. The Fixit campaigners gathered outside the Karachi Press Club to prote

Published 20 Nov, 2017 12:00am

An interview with Sheikh Imran ul Haque, MD & CEO, Pakistan State Oil: 'We must find a permanent solution to circular debt'

Sheikh Imran ul Haque is a Mechanical Engineer and a Master of Science in Industrial Engineering (major in Engineering Administration)-both from Syracuse University, New York. He currently serves as the MD & CEO of Pakistan State Oil. Imran was chief exec

Published 20 Nov, 2017 12:00am

An interview with Sheikh Imran ul Haque, MD & CEO, Pakistan State Oil: 'We must find a permanent solution to circular debt'

Sheikh Imran ul Haque is a Mechanical Engineer and a Master of Science in Industrial Engineering (major in Engineering Administration)-both from Syracuse University, New York. He currently serves as the MD & CEO of Pakistan State Oil. Imran was chief exec

Published 20 Nov, 2017 12:00am

Apprehension of diseases' spread: body to be formed to declare health emergency

Khyber Pakhtunkhwa government will constitute Public Health Committee to review public health situation and in case of the apprehension of spread of any notified diseases advise the declaration of the state of health emergency. The committee will be const

Published 20 Nov, 2017 12:00am

BMP announces candidates for FPCCI election

The Businessmen Panel (BMP) has nominated Senator Ghulam Ali as its candidate for office of the President in FPCCI 2018 election, while Nasir Hayat Magoon former President KCCI has been nominated for the office of the Senior Vice President. This announcem

Published 20 Nov, 2017 12:00am

Free medicines for hepatitis, TB patients: CM

Chief Minister of Punjab Shahbaz Sharif said on Sunday that provision of resources worth of billion rupees as well as latest reforms have enriched health facilities in the province. He said 'Hepatitis Control Programme' is proceeding effectively to shield

Published 20 Nov, 2017 12:00am

'World Day of Remembrance for Road Traffic Victims' marked

Effective planning and implementation of traffic rules can help curtailing fatal road traffic accidents, which are claiming the precious human lives to the volume of 1.3 million across the world and 13000 in Pakistan annually. This was unanimously acknowl

Published 20 Nov, 2017 12:00am

Hindu pilgrims arrive on 10-day visit

A group of 104 Hindu pilgrims arrived here on Sunday on a 10-day visit through Wagha Border to participate in the ceremony of 309th birth anniversary of Guru Saant Shadharam at Shadhani Darbar in Hayat Pitafi, Mirpur Mathelo (Sindh). Evacuee Trust Propert

Published 20 Nov, 2017 12:00am

President for collective efforts to protect rights of children

President Mamnoon Hussain said that the protection of child rights and ensuring equal opportunities to them required a strong and robust partnership between public and private agencies and called for collective efforts to protect and promote their rights.

Published 20 Nov, 2017 12:00am

LHC grants interim relief to importer of Chinese items

Lahore High Court has granted interim relief to an importer of Chinese items against the levy of regulatory duty that was imposed by the Federal Board of Revenue (FBR) through SRO No. 1035(I)/2017, on goods imported from China. Sources told Business Recor

Published 20 Nov, 2017 12:00am

Elahi holds rulers responsible for killing of youths in Balochistan

Pakistan Muslim League-Q leader and former Chief Minister Punjab Ch Pervez Elahi has held the present rulers responsible for the killing of youth going abroad for employment as they have not created enough employment opportunities for the people in the co

Published 20 Nov, 2017 12:00am

'Lions Clubs International to treat diabetic patients free of charge'

Lions Clubs International is ready to extend free awareness and treatment facilities to the diabetic patients after successfully serving in the field of ophthalmology, said PCC Mian Muhammad Adrees PMJF. Inaugurating the first State of the Art Diabetes In

Published 20 Nov, 2017 12:00am

Body formed to probe into harassment cases at SU

University of Sindh held a special meeting of syndicate under chairmanship of Prof Dr Fateh Muhammad Burfat, Vice- Chancellor, University of Sindh whereby important resolutions were approved. It was resolved to adopt and implement the Plagiarism Policy of

Published 20 Nov, 2017 12:00am

Housing scheme victims: NAB KP distributes Rs 4.709 million

Director General (DG) National Accountability Bureau (NAB) Khyber Pakhtunkhwa Brigadier Farooq Naser Awan (R) distributed cheques amounting to Rs 4.709 million amongst seven affectees of Zohaib Garden, Mardan and Islamabad in a ceremony held at NAB (KP).

Published 20 Nov, 2017 12:00am

Employment, Training programmes: Punjab government urged to increase 5 percent women's quota

The government of Punjab needs to increase five percent more quota for women employment and the Punjab Job Portal and Business Training Programmes should be extended to university and district levels, including district Layyah.

Published 20 Nov, 2017 12:00am

Prices of essential food items decline

Prices of vegetable, poultry and other essential kitchen items plummet, except rates of pulses, fresh milk, sugar and flour, still remain on high side in the retail market, according to a weekly survey conducted by Business Recorder here on Sunday. A visi

Published 20 Nov, 2017 12:00am

US can't ignore Pakistan despite ups and downs in ties: Raphel

Former US Assistant Secretary of State Robin Raphel has said that despite ups and downs in their relationship, the United States, as a global power, can not ignore Pakistan which she said was an influential Muslim country, an emerging democracy with a pow

Published 20 Nov, 2017 12:00am

Indian visa for ailing Pakistani woman

A Twitter user Sadia, appealed the minister to urgently issue visa, to which Swaraj said that she has asked the Indian mission in Pakistan to issue her a visa. India's Minister of External Affairs, Sushma Swaraj, told a Pakistani woman on Twitter on Sunda

Published 20 Nov, 2017 12:00am

Turkish envoy sees great scope of Pak-Turkish trade ties

Turkish Consul General in Karachi, Murat M. Onart, has said there is great scope for expanding Turkish-Pakistan bilateral trade. This was stated by the Turkish envoy, Murat M. Onart, at a farewell reception here, says a statement on Sunday. Onart returns

Published 20 Nov, 2017 12:00am

KP finds 'artificial' solution to undertake BRT project

In a surprise move to complete Bus Rapid Transit (BRT) Peshawar in the stipulated time period the Khyber Pakhtunkhwa government has divided the project into two phases. The provincial government is now going to complete only the Phase-I of the project. Th

Published 20 Nov, 2017 12:00am

LGH's Ortho Unit opens

Principal Post Graduate Medical Institute Prof Ghias un Nabi Tayyab has told that another 35 bedded Orthopedic Unit has become functional which would provide Orthoclastic and Spine treatment facilities to the patients. He said that this significant develo

Published 20 Nov, 2017 12:00am

Tributes paid to Ch Rehmat Ali

A special function was held in Faisalabad Chamber of Commerce and Industry to mark the 120th birth anniversary of Ch Rehmat Ali who had proposed the name of Pakistan, an independent homeland for the Muslims of the subcontinent. President FCCI Shabbir Huss

Published 20 Nov, 2017 12:00am

Bid to smuggle cellular phones worth Rs 1 billion foiled

Directorate General of Customs Intelligence has foiled major attempts of smuggling mobile phones across Pakistan and recovered phones to the tune of valuing more than Rs 1 billion in November 2017. Sources told Business Recorder that major anti-smuggling

Published 20 Nov, 2017 12:00am

Chinese couple tie the knot in Pakistani style

A Chinese couple has surprised locals by tying the knot in traditional Pakistani style, with a proper 'Baraat' ceremony. Pictures went viral on social media show a Chinese couple and their 'baraatis' all dressed up in Pakistani attire for the wedding, rec

Published 20 Nov, 2017 12:00am

PPP wants PML-N government to complete its term: Malik

Pakistan Peoples' Party (PPP) Senator Rehman Malik addressing a press conference here Sunday stated that in order to avoid Pakistan from facing international dangers, democratic stability was necessary. He said if court orders him to appear in a case, he

Published 20 Nov, 2017 12:00am

PEDO okays construction of three hydel projects

Pakhtunkhwa Energy Development Organization (PEDO) has approved the construction of three hydel power projects of 506 megawatt in district Chitral through public sector national construction company Frontier Works Organization (FWO). The approval was give

Published 20 Nov, 2017 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 5	277.92
USD PKR Interbank Buying / Nov 5	277.72
USD to Japanese Yen / Nov 5	152.45
USD to Swiss Franc / Nov 5	0.86
Pound Sterling to USD / Nov 5	1.30
Euro to USD / Nov 5	1.09

Stock	Volume
S&P 500 / Nov 4	5,712.69
Nasdaq / Nov 4	18,179.98
Dow Jones / Nov 4	41,794.60
India Sensex / Nov 5	78,731.05
Tokyo Nikkei / Nov 5	38,537.29
Hang Seng / Nov 5	20,865.77
FTSE 100 / Nov 5	8,191.31
Germany DAX 30 / Nov 5	19,121.64

Item	Value
Crude Oil USD/Barrel / Nov 5	71.49
Karachi Cotton PKR/37.32 KG / Nov 5	18,285
Gold 10 Grams PKR / Nov 5	242,798
Gold Spot USD/Ounce / Nov 5	2,732.66
Cotton US¢/pound / Nov 5	69.95
Petrol/Litre / Nov 6	248.38

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

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

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

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