News Archives for Print - 2017-11-26

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 25, 2017).

Published 26 Nov, 2017 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (November 25, 2017).

Published 26 Nov, 2017 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (November 25, 2017).

Published 26 Nov, 2017 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (November 25, 2017).

Published 26 Nov, 2017 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (November 25, 2017).

Published 26 Nov, 2017 12:00am

Currency

Firmness prevailed on the money market on Saturday as the rupee managed to hold overnight levels in the process of trading, dealers said on Saturday. The rupee did not show any change versus the dollar for buying and selling at Rs 107.30 and Rs 107.50 res

Published 26 Nov, 2017 12:00am

Currency

THE RUPEE: firm trend

Firmness prevailed on the money market on Saturday as the rupee managed to hold overnight levels in the process of trading, dealers said on Saturday. The rupee did not show any change versus the dollar for buying and selling at Rs 107.30 and Rs 107.50 res

Published 26 Nov, 2017 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (November 25, 2017).

Published 26 Nov, 2017 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (November 25, 2017).

Published 26 Nov, 2017 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (November 25, 2017).

Published 26 Nov, 2017 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 26 Nov, 2017 12:00am

China's October sugar imports up over 60 percent

China's sugar imports climbed 60.6 percent in October from the year before to 170,000 tonnes, customs data showed on Thursday, while corn imports jumped to 70,000 tonnes. October sugar imports climbed from last year's 105,042 tonnes, when high internation

Published 26 Nov, 2017 12:00am

US Midwest corn, soya bids higher

Spot basis bids for corn and soyabeans at elevators and processors around the US Midwest on Wednesday were steady to higher due to declining grain sales before the US Thanksgiving Day holiday, merchants said on Wednesday. Farmers also delayed selling soya

Published 26 Nov, 2017 12:00am

Saudi Arabia tenders to buy 720,000 tonnes of feed barley

Saudi Arabia's main state wheat buying agency, the Saudi Grains Organization (SAGO), said on Thursday it has issued an international tender to purchase 720,000 tonnes of animal feed barely. The tender deadline is November 24, it said. The barley is sought

Published 26 Nov, 2017 12:00am

US FOB Gulf bids for soyabean weaker

Basis bids for soyabeans shipped by barge to the US Gulf Coast were narrowly lower on Wednesday as demand ebbed and farmers increased sales following a futures rally, traders said. Chicago Board of Trade January soyabeans hit a roughly two-week high on te

Published 26 Nov, 2017 12:00am

Bangladesh tea prices rise

Tea prices in Bangladesh rose 2.5 percent at the weekly auction due to strong winter demand, despite there being a higher volume on offer. Bangladeshi tea fetched an average price of 240.35 taka ($2.80) per kg at the auction on Tuesday, compared with 234.

Published 26 Nov, 2017 12:00am

Brazil's coffee exports seen below projection

Brazilian coffee exports are likely to reach a smaller than expected volume in 2017 due mainly to slow farmer sales, the head of exporters association Cecaf told Reuters late on Wednesday. Nelson Carvalhaes said final exporting volumes for the year should

Published 26 Nov, 2017 12:00am

Currency

Indian rice prices up; Thai rates rise on low supply

Rice prices climbed this week in India due to an appreciation in the local currency and healthy demand, while rates in Thailand rose on lower supplies. India's 5 percent broken parboiled rice prices rose by $3 to $402-$405 per tonne. "The rupee has apprec

Published 26 Nov, 2017 12:00am

Cotton

Cotton market: Mills refrain from new deals as rates hit season's high

Main buyers kept on the sidelines on the cotton market on Saturday as prices hit season's high in the process of trading activity, dealers said. The official spot rate did not show any fluctuation at Rs 6,600, they said. In the ready session, over 45,000

Published 26 Nov, 2017 12:00am

Turkey's TMO seeks to buy 96,000 tonnes of corn

Turkey's state grain board TMO bought about 96,000 tonnes of corn in international tenders which closed on Thursday, traders said. The TMO had issued eight separate tenders each of 12,000 tonnes, traders said. The TMO reserved the right to purchase 20 per

Published 26 Nov, 2017 12:00am

Freight rates for VLCC to fall further on slow demand

Hopes for an end-of-year rebound in freight rates for very large crude carriers (VLCCs) have faded as a slow pace of cargoes from charterers threaten to drag rates below breakeven levels, brokers said. Brokers last week predicted that rates could climb to

Published 26 Nov, 2017 12:00am

HRW wheat bids rise

Spot basis bids for hard red winter (HRW) wheat rose at an elevator on Wednesday in Enid, Oklahoma and held steady elsewhere, aided by the languid pace of farmer sales before the US Thanksgiving holiday on Thursday, dealers said. Chicago Board of Trade (C

Published 26 Nov, 2017 12:00am

Light rains to boost Ivory Coast's cocoa crop

Light rains last week in most of Ivory Coast's main cocoa growing regions will improve output and quality by helping cocoa trees to better weather the dry season that is just beginning, farmers said on Monday. Ivory Coast, the world's top cocoa producer,

Published 26 Nov, 2017 12:00am

Vietnamese coffee prices fall, Indonesia premium tightens

Vietnam's domestic coffee prices fell due to new harvest supplies, while the market in Indonesia remained lacklustre, traders said on Thursday. Vietnam, the world's second biggest coffee producer, is in its peak harvest season, supported by sunny and dry

Published 26 Nov, 2017 12:00am

China's LNG imports rise to second highest on record

China's imports of liquefied natural gas (LNG) in October nearly doubled from the same month a year ago to the second highest on record, according to customs data, as companies boosted imports of the fuel ahead of the winter heating season. LNG imports ro

Published 26 Nov, 2017 12:00am

Exchange

Chinese coking coal, iron ore rise to 10-week high

Chinese coking coal futures surged more than 5 percent on Thursday to their highest since mid-September, supported by tighter supply amid Beijing's environmental clampdown, with fellow steelmaking commodity iron ore also rallying. China's overall coal imp

Published 26 Nov, 2017 12:00am

US natural gas futures fall to three-week low

US natural gas futures fell to their lowest in almost three weeks on Wednesday ahead of the US Thanksgiving Day holiday on forecasts for less heating demand over the next two weeks. Front-month gas futures fell 4.9 cents, or 1.6 percent, to settle at $2.9

Published 26 Nov, 2017 12:00am

EU wheat prices lower on strong euro

European wheat prices edged lower on Thursday pressured by a strong euro versus the dollar, but trade remained light with US markets closed for Thanksgiving. Benchmark March milling wheat on Paris-based Euronext was down 0.3 percent by 1630 GMT to 162.25

Published 26 Nov, 2017 12:00am

Luc Besson's EuropaCorp considers options to raise cash, cut debt

EuropaCorp, the loss-making film production company founded by French director Luc Besson, said it was considering "different options" to raise cash, reduce its debt and cut costs. After a box office disappointment for its big budget sci-fi movie "Valeria

Published 26 Nov, 2017 12:00am

China online finance regulator tells unqualified micro-lenders to stop lending

The National Internet Finance Association of China issued a risk warning letter late on Friday telling "unqualified institutions" to immediately stop offering loans as Beijing steps up a crackdown on the micro-loan sector to fend off financial risks. The

Published 26 Nov, 2017 12:00am

US shoppers browse stores, buy online as Black Friday deals beckon

US stores offered deep discounts, entertainment and free gifts to lure bargain hunters on Black Friday, the traditional start of the holiday retail season, but some shoppers said they were just browsing the merchandise, reserving their cash for internet p

Published 26 Nov, 2017 12:00am

Effort under way to save historic McDonald's 'Store No. 1'

It has been closed to visitors for a decade with few noticing. But, when McDonald's announced it would demolish "Store No. 1," a small midwestern US community rallied to save the structure. Built on the site in a Chicago suburb of the first McDonald's fra

Published 26 Nov, 2017 12:00am

Mexico court rejects appeal to lift transgenic corn ban

A Mexican court has rejected a company's appeal to lift a ban on commercial planting of transgenic corn in Mexico, passing the matter to the Supreme Court, a lawyer for the firm said on Friday. A federal court in Mexico City rejected the suit by PHI Mexic

Published 26 Nov, 2017 12:00am

PPF buys 100 percent in rolling stock maker Skoda Transportation

The PPF group of investor Petr Kellner has signed a deal to acquire 100 percent of the Czech trains and trams maker Skoda Transportation, PPF and Skoda said on Saturday. The Pilsen-based firm employing 5,300 people had been owned by several Czech business

Published 26 Nov, 2017 12:00am

Canada's Crystallex, Venezuela settle mine dispute

Canadian miner Crystallex International Corp and Venezuela's government have agreed to settle a dispute over the country's seizure of the Las Cristinas gold mine, Bloomberg News reported late on Friday. The settlement may be worth more than $1 billion, wh

Published 26 Nov, 2017 12:00am

Taiwan Q3 economic growth highest in over two years

Taiwan's economy grew 3.1 percent in the July-September period to a ten-quarter high thanks to robust overseas demand for consumer electronics products, the government said Friday. Traditionally an export-driven technology hub, Taiwan is home to industry

Published 26 Nov, 2017 12:00am

ThyssenKrupp kicks off talks with union on steel merger

Managers and labour leaders at Germany's ThyssenKrupp have struck a conciliatory tone as they seek to resolve a dispute over job cuts resulting from a planned merger of its steel operations with those of India's Tata Steel. The de-escalation came after 8,

Published 26 Nov, 2017 12:00am

Digital car insurance launches in Ivory Coast

Ivory Coast has got its first 100-percent digital car insurance with the launch of an online service seeking to make headway in a country where only 20 to 30 percent of drivers are insured. Baloon, the subsidiary of a French startup, offers drivers covera

Published 26 Nov, 2017 12:00am

MUFG eyes co-operation, hirings in China amid tighter regulations

Mitsubishi UFJ Financial Group (MUFG) is looking to co-operate with regional banks in China, as well as hire more risk and compliance staff, in a bid to navigate the country's tighter regulatory environment. Beijing has launched a slew of new regulations

Published 26 Nov, 2017 12:00am

Big gas exporter countries blast unilateral sanctions in dig at US

Representatives from a group of major energy-exporting nations on Friday said they oppose the use of unilateral sanctions on any of their members - an apparent dig at the United States for its moves against Russia, Iran and Venezuela. The Gas Exporting Co

Published 26 Nov, 2017 12:00am

Canadian food retailer Sobeys cuts 800 jobs

Food retailer Sobeys Inc, owned by Empire Company Ltd, is cutting more than 800 jobs across Canada, according to reports in the Canadian media. The job cuts include about 20 percent of Sobeys' staff across Canada, the Globe and Mail reported on Friday. Ab

Published 26 Nov, 2017 12:00am

Bolivia's YPBF wants to sell natural gas directly into Brazil

Bolivia's YPBF is considering entering the natural gas retail distribution market in Brazil, which is opening the sector to competition, an executive at the Bolivian state-run gas company said on Friday. Brazilian state-controlled oil company Petroleo Bra

Published 26 Nov, 2017 12:00am

Exchange

BoJ Suzuki signals room to fine-tune yield curve control

Bank of Japan board member Hitoshi Suzuki said there is room to debate a fine-tuning of the central bank's yield curve control (YCC) policy, the Mainichi paper reported, signalling the chance it may raise interest rates before inflation hits its target. S

Published 26 Nov, 2017 12:00am

Brazil's Oi appoints Teles as acting CEO

Brazilian telephone carrier Oi SA, which is operating under bankruptcy court protection, appointed Eurico de Jesus Teles Neto as acting chief executive after Marco Schroeder resigned from the post on Friday, the company said in a securities filing. Teles

Published 26 Nov, 2017 12:00am

Eurozone consumers still addicted to cash when they buy

Cash still dominates consumer payments in the eurozone, even as many Western economies are rapidly moving towards electronic payments, a survey published by the European Central Bank showed on Friday. The figures indicate that the euro zone is one of the

Published 26 Nov, 2017 12:00am

Trump asserts legal power in fight over consumer bureau

President Donald Trump has the power he needs to put his top budget aide in charge of the Consumer Financial Protection Bureau (CFPB), federal officials said on Saturday, weighing in on a battle for control over the powerful agency.

Published 26 Nov, 2017 12:00am

EU banks have cut exposure to Britain since Brexit vote

Banks on mainland Europe have cut their exposures to Britain since the Brexit vote last year and are concerned about the legality of cross-border deals once the UK leaves, the European Union's banking watchdog said on Friday. The European Banking Authorit

Published 26 Nov, 2017 12:00am

Italy's top cheeses 'products of cruelty'

Two of Italy's most famous cheeses, Parmesan and Grana Padano, are being produced with milk from emaciated, sometimes lame cows kept permanently indoors, an animal welfare group said Saturday. Compassion in World Farming (CIWF) released film it said it ha

Published 26 Nov, 2017 12:00am

White South Africa farmers in new protest

Hundreds of white South African farmers on Saturday took to the streets of Pretoria, demanding government action over a wave of murders targeting their communities in rural areas. The march is the latest protest staged over the murder of at least 72 white

Published 26 Nov, 2017 12:00am

Uber to disclose price on SoftBank deal

Uber Technologies Inc plans to move ahead with a deal to bring in Japanese technology company SoftBank Group Corp as a major investor by disclosing the pricing early next week in formal tender offers to the ride-hailing service's investors, two people fam

Published 26 Nov, 2017 12:00am

Currency

South Africa to outline 'decisive' policy in 2018 after debt rating cut

South Africa will use its annual budget next year to outline "decisive" policy to strengthen its fiscal framework, the finance ministry said on Saturday after S&P Global Ratings cut its local currency debt to "junk" status. S&P announced the downgrade on

Published 26 Nov, 2017 12:00am

Exchange

NZX boosts efforts to lure listings

New Zealand's stock exchange NZX has set up a specialist team to generate new public offerings and to target overseas businesses as it faces a dearth of listings and the loss of Xero, its star player. Investors were already fretting about the lack of new

Published 26 Nov, 2017 12:00am

Exchange

Canada's main stock index move higher

Canada's main stock index pushed higher on Friday, led by modest gains for its heavyweight financial and energy sectors in a broad rally that helped it notch a 0.7 percent gain on the week. The Toronto Stock Exchange's S&P/TSX composite index ended the se

Published 26 Nov, 2017 12:00am

Bundesbank sees no problem buying German bonds for stimulus

Germany's Bundesbank has no problem finding government bonds to buy for the European Central Bank's stimulus programme and opposes changing the parameters of the 2.55 trillion-euro scheme, one of its directors said on Monday. Joachim Wuermelling, the Bund

Published 26 Nov, 2017 12:00am

Bundesbank sees no problem buying German bonds for stimulus

Germany's Bundesbank has no problem finding government bonds to buy for the European Central Bank's stimulus programme and opposes changing the parameters of the 2.55 trillion-euro scheme, one of its directors said on Monday. Joachim Wuermelling, the Bund

Published 26 Nov, 2017 12:00am

Gulf Energy raises $733 million, biggest Thai corporate IPO in over a decade

Thailand's Gulf Energy Development Pcl has raised $733 million after its initial public offering priced at the top end of expectations - marking the country's biggest corporate IPO in more than ten years. The offering underscores a rebound for Thai listin

Published 26 Nov, 2017 12:00am

Gulf Energy raises $733 million, biggest Thai corporate IPO in over a decade

Thailand's Gulf Energy Development Pcl has raised $733 million after its initial public offering priced at the top end of expectations - marking the country's biggest corporate IPO in more than ten years. The offering underscores a rebound for Thai listin

Published 26 Nov, 2017 12:00am

M7 Multi-Let scraps London IPO plan

M7 Multi-Let REIT, a new firm set up to invest in industrial and office property, has become the latest business to scrap plans to float in London, pulling a listing that would have raised as much as 300 million pounds ($400 million). M7, which announced

Published 26 Nov, 2017 12:00am

M7 Multi-Let scraps London IPO plan

M7 Multi-Let REIT, a new firm set up to invest in industrial and office property, has become the latest business to scrap plans to float in London, pulling a listing that would have raised as much as 300 million pounds ($400 million). M7, which announced

Published 26 Nov, 2017 12:00am

Treasuries outlook: Yields higher in light trading, inflation in focus

US Treasury yields rose on Friday but stayed within the tight range they have held for the past week-and-a-half as investors focused on the inflation outlook. Concern about stubbornly low inflation has boosted longer-dated debt and sent the US Treasury yi

Published 26 Nov, 2017 12:00am

Treasuries outlook: Yields higher in light trading, inflation in focus

US Treasury yields rose on Friday but stayed within the tight range they have held for the past week-and-a-half as investors focused on the inflation outlook. Concern about stubbornly low inflation has boosted longer-dated debt and sent the US Treasury yi

Published 26 Nov, 2017 12:00am

HDFC Life to raise exposure to infrastructure stocks

India's HDFC Standard Life Insurance Co. is looking to invest more in the capital goods sectors and a range of companies that are expected to benefit from a major government push to build more homes and roads. Funds are likely to be put into cement makers

Published 26 Nov, 2017 12:00am

Exchange

Saudi Arabia to allow smaller foreign funds into stock market, ease other rules

Saudi Arabia will ease requirements for foreign institutional investors in its stock market, the securities regulator said on Thursday, as Riyadh seeks to draw more capital into the market before the listing of state oil giant Saudi Aramco. The Capital Ma

Published 26 Nov, 2017 12:00am

Exchange

Saudi Arabia to allow smaller foreign funds into stock market, ease other rules

Saudi Arabia will ease requirements for foreign institutional investors in its stock market, the securities regulator said on Thursday, as Riyadh seeks to draw more capital into the market before the listing of state oil giant Saudi Aramco. The Capital Ma

Published 26 Nov, 2017 12:00am

Currency

Hedge funds sell shares in Altice USA after difficult quarter

Nearly fifty hedge funds sold over half a billion dollars of shares in Altice USA in the third quarter, according to filings, as the cable company continues to suffer from concerns over its debt level. Altice USA, the second-largest US initial public offe

Published 26 Nov, 2017 12:00am

Currency

Hedge funds sell shares in Altice USA after difficult quarter

Nearly fifty hedge funds sold over half a billion dollars of shares in Altice USA in the third quarter, according to filings, as the cable company continues to suffer from concerns over its debt level. Altice USA, the second-largest US initial public offe

Published 26 Nov, 2017 12:00am

Exchange

Tech leads Wall Street higher, Amazon and retail stocks gain

Technology stocks led the S&P 500 and Nasdaq to record high closes on Black Friday, while Amazon and retail stocks got a boost from signs of a strong start to the holiday shopping season. The benchmark S&P 500 and the blue-chip Dow Jones industrials poste

Published 26 Nov, 2017 12:00am

Currency

Sterling seismograph eerily calm on EU summit

For a currency that has seen some of its biggest ever one-day moves on the back of Brexit, there is a peculiar calm in sterling hedging prices surrounding December's critical European Union summit. For many, the December 13-14 get-together marks a critica

Published 26 Nov, 2017 12:00am

Currency

African currencies week ahead: Kenya shilling to firm after court upholds Kenyatta re-election, Kwacha bearish

The Kenyan shilling is expected to firm next week after a court upheld the re-election of President Uhuru Kenyatta. Zambia's kwacha is seen bearish due to scant dollar supply. KENYA - The Kenyan shilling is seen firming against the dollar in the near term

Published 26 Nov, 2017 12:00am

Currency

Serbia to release dinar and euro savings bonds

Serbia will issue its first savings bonds, the Serbian debt agency announced on Thursday, in an effort to bolster the country's domestic debt market. The tax-free savings bonds will be issued in both dinars and euros, the preferred foreign currency, and w

Published 26 Nov, 2017 12:00am

Currency

Serbia to release dinar and euro savings bonds

Serbia will issue its first savings bonds, the Serbian debt agency announced on Thursday, in an effort to bolster the country's domestic debt market. The tax-free savings bonds will be issued in both dinars and euros, the preferred foreign currency, and w

Published 26 Nov, 2017 12:00am

Currency

Canadian dollar little changed

The Canadian dollar was little changed against a broadly weaker US currency on Friday and gained 0.4 percent against the greenback on the week, but could face pressure next week if tepid retail sales data is any indication of broader economic health. The

Published 26 Nov, 2017 12:00am

Currency

Dollar near two-month low as strong economic data underpins euro

The dollar fell to its lowest since late September against a basket of currencies on Friday as investors grew optimistic about the strength of the euro zone's recovery and lost appetite for the greenback. The euro hit its highest since September 25 agains

Published 26 Nov, 2017 12:00am

Currency

Bank of Israel to buy $1.5 billion of forex in 2018

Israel's central bank said on Thursday it plans to buy $1.5 billion worth of foreign exchange in 2018 as part of its programme to offset the effect of natural gas production on the exchange rate. It has bought the same amount over the first 10 months of 2

Published 26 Nov, 2017 12:00am

Currency

Lebanese pound-dollar exchanges, interbank rates up after Hariri crisis

Currency conversions from Lebanese pounds into dollars have increased since the prime minister's shock resignation, Lebanon's central bank chief said, but at levels "naturally" expected in such conditions. In an interview with the Saudi-owned pan-Arab new

Published 26 Nov, 2017 12:00am

Currency

Qatar's central bank to reassure foreign investors on currency access

Qatar's central bank sought to reassure foreign investors on Thursday that they could change currencies freely, after equity index compiler MSCI said sanctions against Doha had made it more difficult for investors to obtain riyals. Saudi Arabia, the Unite

Published 26 Nov, 2017 12:00am

Currency

French asset manager Tobam launches Europe's first bitcoin fund

Tobam, a Paris-based asset management firm, said Wednesday it has launched Europe's first mutual fund investing in bitcoin, as the virtual currency continues to rise in value. Tobam, set up in 2005 and which says it currently manages $8.8 billion in equit

Published 26 Nov, 2017 12:00am

Currency

French asset manager Tobam launches Europe's first bitcoin fund

Tobam, a Paris-based asset management firm, said Wednesday it has launched Europe's first mutual fund investing in bitcoin, as the virtual currency continues to rise in value. Tobam, set up in 2005 and which says it currently manages $8.8 billion in equit

Published 26 Nov, 2017 12:00am

Currency

Malaysia says working on regulatory framework for crypto currencies

Malaysia has begun work on a regulatory structure for digital currencies such as bitcoin, its central bank governor said on Wednesday, aimed at further securing Malaysia against money-laundering and terrorism financing. Governor Muhammad Ibrahim told a co

Published 26 Nov, 2017 12:00am

Messi to end career at Barca after extending deal to 2021

Lionel Messi hopes to end his career at Barcelona after ending months of speculation on Saturday by signing a contract extension to 2021, sealing an agreement reached in July, the club announced. Barca had said in the summer that Messi, 30, had committed

Published 26 Nov, 2017 12:00am

Japan's Reds crowned Asian kings

Brazilian sharp-shooter Rafael Silva smashed a late winner as Japan's Urawa Reds beat 10-man Al Hilal 1-0 on Saturday to win a second Asian Champions League title. The forward, who also scored in last weekend's 1-1 first-leg draw in Riyadh, blasted a supe

Published 26 Nov, 2017 12:00am

Relief for Tokyo as first new 2020 Olympic venue opens

Tokyo opened its first new permanent venue for the 2020 Olympics Saturday in a welcome public relations boost for the organisers after a series of setbacks. The opening of the Musashino Forest Sport Plaza, which will host badminton and modern pentathlon f

Published 26 Nov, 2017 12:00am

Gasquet, Herbert give France 2-1 Davis Cup lead

Richard Gasquet and Pierre-Hugues Herbert won Saturday's doubles rubber in four sets to put France 2-1 up against Belgium in the Davis Cup final. The French pair defeated Ruben Bemelmans and Joris de Loore 6-1, 3-6, 7-6 (7/2), 6-4 to leave the hosts requi

Published 26 Nov, 2017 12:00am

Winter Polo Cup 2017 final today

Artema Medical/Black Horse Paints will vie against Honda Chenab for the top honours in the Winter Polo Cup 2017 final to be played here at the Lahore Polo Club (LPC) ground on Sunday (today). One of the finalists Artema team includes Daniyal Sheikh, Abuba

Published 26 Nov, 2017 12:00am

National T20 semi-final postponed

Pakistan Cricket Board (PCB) has postponed semi final of National T20 Cup amid law AND order situation in the wake of sit-in at Faizabad. The match was scheduled to be played in Rawalpindi Saturday. A PCB spokesperson stated that match was postponed due t

Published 26 Nov, 2017 12:00am

Bottas beats Hamilton to take Abu Dhabi pole

Valtteri Bottas outpaced his Mercedes team-mate Lewis Hamilton to claim pole position with a record-breaking lap in Saturday's qualifying session for Sunday's season-ending Abu Dhabi Grand Prix. The 28-year-old Finn clocked a best lap in one minute, 36.23

Published 26 Nov, 2017 12:00am

Vijay, Pujara pummel Sri Lanka on day two

Opener Murali Vijay and Cheteshwar Pujara hit sublime centuries to put India in command of the second Test against Sri Lanka, as the hosts took a 107-run lead on Saturday's day two. The overnight batsmen put together a 209-run partnership to pulverise the

Published 26 Nov, 2017 12:00am

Trophy of Peshawar Football League unveiled

The trophy unveiling ceremony of the Peshawar Football League held here at Lala Rafique Sports Arena on Saturday. Director General (DG) Sports Junaid Khan was the chief guest and formally inaugurated. A total of 10 teams carrying various names will be tak

Published 26 Nov, 2017 12:00am

Smith's masterful ton as England crack in Ashes battle

Steve Smith produced a defiant unconquered century and Josh Hazlewood claimed two wickets to leave England reeling as Australia cracked open the first Ashes Test at the Gabba on Saturday. The Australian skipper played one of his greatest Test knocks with

Published 26 Nov, 2017 12:00am

Exchange

Two detained in China kindergarten abuse scandal

Two women allegedly involved in a scandal at a Beijing kindergarten have been detained, police said Saturday, after outrage over the incident sparked a probe into schools nationwide. Authorities in Beijing's Chaoyang district opened an investigation into

Published 26 Nov, 2017 12:00am

Afghan boy dies amid panic on migrant boat

A 10-year-old Afghan boy was crushed to death Saturday on board an overcrowded boat carrying scores of migrants headed from Turkey to the Greek island of Lesbos, Greek news agency ANA reported. Panic erupted when the 66 migrants on board the rickety vesse

Published 26 Nov, 2017 12:00am

Bali volcano spews smoke for second time in a week

A rumbling volcano on the Indonesian resort island of Bali spewed smoke hundreds of metres into the air Saturday, officials said, just days after thousands were forced to flee over fears it would erupt. Mount Agung belched smoke as high as 1,500 metres (4

Published 26 Nov, 2017 12:00am

Iraqi forces open new front in final push against IS

Iraqi forces thrust north from the Euphrates Valley into the desert on Saturday, opening up a new front in the drive to flush out fugitive Islamic State group fighters, a commander told AFP. IS has already been driven from all the towns it once held, but

Published 26 Nov, 2017 12:00am

Bangladesh says agreed with Myanmar for UNHCR to assist Rohingya's return

Bangladesh and Myanmar have agreed to take help from the UN refugee agency to safely repatriate hundreds of thousands of Rohingya Muslims who had fled violence in Myanmar, Bangladesh said on Saturday. More than 600,000 Rohingya sought sanctuary in Banglad

Published 26 Nov, 2017 12:00am

Rare Hitler painting donated to Dutch wartime institute

The Dutch national institute for wartime documentation said Saturday it has been given a rare watercolour painting by Adolf Hitler, believed to be the only one in existence in The Netherlands. The aquarelle - a technique of painting with thin transparent

Published 26 Nov, 2017 12:00am

Macron vows to combat 'shameful' violence against women

French President Emmanuel Macron on Saturday proposed a raft of measures to combat the "horrific and shameful" violence against women, as he pledged to make gender equality a major cause of his administration. "Our entire society is sick with sexism," Mac

Published 26 Nov, 2017 12:00am

Colombia marks anniversary of FARC deal

Colombia on Friday marked a year since the signing of a landmark peace deal with Marxist FARC rebels, which President Juan Manuel Santos said had saved thousands of lives. Santos and FARC leader Rodrigo Londono returned to the same Bogota theater where th

Published 26 Nov, 2017 12:00am

Ten days to crack Brexit deal, EU tells May

The European Union handed Prime Minister Theresa May a 10-day "absolute deadline" to improve her Brexit divorce offer or face failure in persuading EU leaders to open trade talks with Britain at a December summit. Without a deal next month, time will be v

Published 26 Nov, 2017 12:00am

Palestinian office in US to remain open

The Palestine Liberation Organization office in Washington can remain open to discuss peace with Israel and may be able to resume full operations soon, the State Department said Friday. The comment came one week after US officials said the diplomatic miss

Published 26 Nov, 2017 12:00am

Rouhani says Sochi summit 'right step, at right time' for Syria

The trilateral meeting between Iran, Russia and Turkey in the Russian resort of Sochi this week was "a right step, at the right time" for stability in Syria, Iranian President Hassan Rouhani told Syrian counterpart Bashar al-Assad. Russia's Vladimir Putin

Published 26 Nov, 2017 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 6	277.92
USD PKR Interbank Buying / Nov 6	277.72
USD to Japanese Yen / Nov 6	153.43
USD to Swiss Franc / Nov 6	0.87
Pound Sterling to USD / Nov 6	1.29
Euro to USD / Nov 6	1.08

Stock	Volume
S&P 500 / Nov 5	5,782.76
Nasdaq / Nov 5	18,439.17
Dow Jones / Nov 5	41,221.88
India Sensex / Nov 6	79,841.86
Tokyo Nikkei / Nov 6	39,303.01
Hang Seng / Nov 6	20,407.15
FTSE 100 / Nov 6	8,284.30
Germany DAX 30 / Nov 6	19,412.80

Item	Value
Gold 10 Grams PKR / Nov 5	242,798
Petrol/Litre / Nov 6	248.38
Crude Oil USD/Barrel / Nov 6	71.12
Karachi Cotton PKR/37.32 KG / Nov 6	18,285
Gold Spot USD/Ounce / Nov 6	2,742.04
Diesel/Litre / Nov 6	255.14

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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