News Archives for Print - 2017-11-27

The Weather

The weather report on Sunday (November 26, 2017) and the forecast for Monday (November 27, 2017).

Published 27 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 27 Nov, 2017 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (November 20 to 24, 2017).

Published 27 Nov, 2017 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 27 Nov, 2017 12:00am

New ARV drugs, early diagnosis key to beating AIDS epidemic

Developing new antiretroviral (ARV) drugs and using technology for early diagnosis are among steps needed to sustain momentum in fighting HIV/AIDS and ending the disease as a public health threat by 2030, UNAIDS said in a report on Monday. The UNAIDS agen

Published 27 Nov, 2017 12:00am

Energy-saving LEDs boost light pollution globally

They were supposed to bring about an energy revolution, but the popularity of LED lights is driving an increase in light pollution worldwide - with dire consequences for human and animal health, researchers said Wednesday. The study, in the journal Scienc

Published 27 Nov, 2017 12:00am

In US, four in 10 cancers due to lifestyle choices

About four in 10 cancers in the United States are due to lifestyle choices - such as smoking and eating poorly - and other risks that might be avoidable, researchers said on Tuesday. The goal of the study was to calculate "the contribution of several modi

Published 27 Nov, 2017 12:00am

Three coffees a day linked to more health than harm

People who drink three to four cups of coffee a day are more likely to see health benefits than harm, experiencing lower risks of premature death and heart disease than those who abstain, scientists said on Wednesday. The research, which collated evidence

Published 27 Nov, 2017 12:00am

Human form of 'mad cow' disease detectable in skin

Abnormal proteins involved in the brain-destroying Creutzfeldt-Jakob disease (CJD), a human form of "mad cow" disease, are detectable in the skin, researchers said Wednesday, raising new concerns about transmission. It is highly unlikely that the fast-mov

Published 27 Nov, 2017 12:00am

Diabetics with related eye damage have increased falling risk

People with diabetes and related eye damage known as retinopathy are more likely to fall than diabetics who have not developed vision problems, a study in Singapore suggests. Diabetic retinopathy happens when high blood sugar levels damage blood vessels i

Published 27 Nov, 2017 12:00am

Kerb

Facebook to open Nigerian hub next year in African tech drive

Facebook will open a "community hub space" in Nigeria next year to encourage software developers and technology entrepreneurs and become the latest technology giant to pursue a training programme in fast-growing Africa. The U.S. social media company said

Published 27 Nov, 2017 12:00am

Microsoft's Skype pulled from Apple, Android China app stores

Skype, Microsoft Corp's internet phone call and messaging service, has disappeared from app stores in China including that of Apple Inc, indicating the latest setback for a foreign tech service in the country. Apple, responding to questions about Skype's

Published 27 Nov, 2017 12:00am

YouTube steps up takedowns as concerns about kids' videos grow

YouTube stepped up enforcement of its guidelines for videos aimed at children, the unit of Alphabet Inc's Google said on Wednesday, responding to criticism that it has failed to protect children from adult content. The streaming video service removed more

Published 27 Nov, 2017 12:00am

Singapore to deploy driverless buses from 2022: minister

Driverless buses will appear on some roads in Singapore from 2022 as part of plans to improve mobility in the land-scarce city-state, its transport minister said on November 22. Singapore has so far avoided the massive traffic jams that choke other Asian

Published 27 Nov, 2017 12:00am

Musk beats deadline for building world's biggest battery

Entrepreneur Elon Musk has won a US$50 million bet by beating a 100-day deadline for building a giant battery to help South Australia avoid energy blackouts, officials said on November 23. State Premier Jay Weatherill said testing of the massive lithium i

Published 27 Nov, 2017 12:00am

Did you 'like' Russian propaganda? Facebook will clue you in

Facebook says it will show users if they followed or 'liked' Russia propaganda accounts on its service or on Instagram. The company said Wednesday it will launch a portal to let people see which accounts of the Internet Research Agency they followed betwe

Published 27 Nov, 2017 12:00am

US regulator unveils plan to end 'net neutrality'

The top US telecom regulator formally unveiled plans Tuesday to roll back "net neutrality" rules adopted in 2015 aimed at treating all online traffic equally. The announcement by Federal Communications chairman Ajit Pai marked the latest twist in a decade

Published 27 Nov, 2017 12:00am

Crowded Spanish holiday market takes toll on Thomas Cook

Travel group Thomas Cook reported lower profit margins in its British business due to tough competition in Spain, sending its shares down more than 10 percent and leaving it reliant on a recovery in Egypt and Turkey to ease the pressure. Tour operators an

Published 27 Nov, 2017 12:00am

AirAsia X's Q3 results hit by rising costs

AirAsia X Bhd said it swung into a net loss in its third quarter from a year earlier, blaming higher costs and lower unit revenues particularly in its main markets of Malaysia and Thailand. The long-haul, low-cost airline cited an overall challenging envi

Published 27 Nov, 2017 12:00am

RBC joins list of top 30 global banks

Royal Bank of Canada has been added to the list of 30 global systemically important banks (G-SIBs) by the Financial Stability Board of international regulators, the first Canadian bank on the list. It replaces Group BPCE, owner of Natixis, in the latest a

Published 27 Nov, 2017 12:00am

Credit Suisse hires 11 for Asia equity research

Credit Suisse has made 11 new hires for its Asia equity research team in Hong Kong as it looks to bolster research capabilities, particularly for China. Thomas Chong has joined the Swiss investment bank as head of internet for non-Japan Asia, with a focus

Published 27 Nov, 2017 12:00am

EgyptAir to swing to a profit this year: chairman

EgyptAir will swing to a profit this year, buoyed by an increase in passengers and cost cutting, the chairman of the state-owned airline's holding company said on Tuesday. EgyptAir has struggled to rebound from the 2008 global financial crisis and two rev

Published 27 Nov, 2017 12:00am

Zurich Insurance ups 'impact investment' target to $5 billion

Switzerland's Zurich Insurance plans to more than double its "impact investments" to $5 billion, it said on Thursday, aiming to improve the lives of five million people a year. The target forms part of a move by insurers to tackle the causes of climate ch

Published 27 Nov, 2017 12:00am

Petrobras eyes up to $6.8 billion valuation in distribution unit IPO

Brazilian state-controlled company Petroleo Brasileiro SA will seek a valuation of up to 22 billion reais ($6.8 billion) for its fuel distribution unit in what is expected to be the country's biggest initial public offering of the year. Petrobras, as the

Published 27 Nov, 2017 12:00am

Petronas sees stronger 2017 earnings after Q3 profit surges

Malaysian state energy firm Petroliam Nasional Berhad, or Petronas, on Thursday forecast higher full-year earnings for 2017, after posting a 64 percent jump in third-quarter profit on improved oil prices. A higher profit would be the second straight year

Published 27 Nov, 2017 12:00am

India's SBI Life bets on metals, oil and gas sectors for growth

India's SBI Life Insurance Co. Ltd has increased investments in the metals, oil and gas sectors as a rise in energy and metals prices is set to drive growth in commodity stocks, the insurer's chief investment officer told Reuters. Strong refining margins

Published 27 Nov, 2017 12:00am

Venezuela government distributes medicine amid shortage

Venezuela launched a program Saturday to hand out medicine to 35,651 patients, blaming US sanctions for a shortage, even as doctors say 95 percent of all drugs are missing. A government electronic card is required to participate, leading critics to charge

Published 27 Nov, 2017 12:00am

Currency

Gold trader's trial strains US-Turkey relations

A trial which has strained Turkish-US ties before it even started opens this week in New York despite the possible absence of a defendant who Turkey says is cooperating with prosecutors in what it calls "a clear plot" against Ankara. Turkish-Iranian gold

Published 27 Nov, 2017 12:00am

Airbus set to poach Rolls executive to head jetliner sales

Airbus is poised to hire the head of Rolls-Royce's civil engines unit, Eric Schulz, to lead its commercial jetliner sales, after months of uncertainty over the successor to sales kingpin John Leahy, three people familiar with the matter said. Schulz, pres

Published 27 Nov, 2017 12:00am

Saudi Aramco, SABIC plan to build $20 billion oil-to-chemicals complex

State oil giant Saudi Aramco and petrochemical producer Saudi Basic Industries Corp signed a memorandum of understanding on Sunday to build a $20 billion complex converting crude oil to chemicals in the kingdom. The project, which the partners said would

Published 27 Nov, 2017 12:00am

Nepal state firm to build $2.5 billion power project after China deal scrapped

A state-owned Nepali power company will develop the Himalayan country's biggest hydroelectric plant after the government scrapped a deal with a Chinese company, a government official said on Sunday. Nepal's cabinet scrapped a $2.5 billion deal with China

Published 27 Nov, 2017 12:00am

Iraq and Kuwait near agreement on price for gas exports

Iraq and Kuwait have reached a preliminary agreement on a price for gas exports, Kuwaiti oil minister Issam Al-Marzouq told a local newspaper on Sunday, clearing the way to a deal for a pipeline and petrochemical project. Kuwait is waiting for the Iraqi g

Published 27 Nov, 2017 12:00am

China's tech giants reach global elite with gamers, shoppers

Powered by Chinese smartphone users splurging billions on mobile games and online shopping, China's tech giants Tencent and Alibaba are racing up the elite league of the world's most valuable companies. Hong Kong-listed Tencent, famous for its games and W

Published 27 Nov, 2017 12:00am

Automakers struggle with the future in Los Angeles

Car manufacturers' attempts to square what US consumers want against the clean vehicles regulators and investors demand will be on display in Los Angeles this week at an auto show that has moved away from calling itself just an auto show. Automakers on Mo

Published 27 Nov, 2017 12:00am

Families in limbo as England struggles with housing shortage

In a cramped apartment in an industrial zone in south London, Sandra Rumkiene recounts her struggles to bring up a baby as one of a growing number of poor families forced to live in temporary housing. Lorries race past Rumkiene's building at all hours and

Published 27 Nov, 2017 12:00am

Currency

South Africa nervously awaits reviews for rand-priced debt

Whether ratings agencies will cut South Africa's rand-denominated debt to junk status split economists in a Reuters poll, just three days before an announcement that could trigger a selloff in local bonds and currency. Downgrades to sub-investment grade c

Published 27 Nov, 2017 12:00am

Currency

South Africa nervously awaits reviews for rand-priced debt

Whether ratings agencies will cut South Africa's rand-denominated debt to junk status split economists in a Reuters poll, just three days before an announcement that could trigger a selloff in local bonds and currency. Downgrades to sub-investment grade c

Published 27 Nov, 2017 12:00am

Japan to cut new 30-year, 40-year JGB issuance

Japan's government is set to reduce the amount of newly-issued 30-year and 40-year government bonds (JGBs) for the next fiscal year starting in April 2018 from the current fiscal year, government sources told Reuters on Tuesday. The plan comes in response

Published 27 Nov, 2017 12:00am

Japan to cut new 30-year, 40-year JGB issuance

Japan's government is set to reduce the amount of newly-issued 30-year and 40-year government bonds (JGBs) for the next fiscal year starting in April 2018 from the current fiscal year, government sources told Reuters on Tuesday. The plan comes in response

Published 27 Nov, 2017 12:00am

Currency

Bitcoin, an 'Uber' currency, not without risk

Bitcoin, which this week soared to a new record high of more than $8,000, is the monetary equivalent of Uber, since it bypasses central bank regulation and could be attractive for financially fragile countries, economists say.

Published 27 Nov, 2017 12:00am

China's SenseTime plans IPO, US R&D centre as early as 2018

Chinese artificial intelligence (AI) start-up SenseTime Group, valued at more than $2 billion, is planning an IPO and aims to open a US research and development centre as early as next year, its founder told Reuters. The Hong Kong and Beijing-based deep l

Published 27 Nov, 2017 12:00am

China's SenseTime plans IPO, US R&D centre as early as 2018

Chinese artificial intelligence (AI) start-up SenseTime Group, valued at more than $2 billion, is planning an IPO and aims to open a US research and development centre as early as next year, its founder told Reuters. The Hong Kong and Beijing-based deep l

Published 27 Nov, 2017 12:00am

Currency

Digital currencies will not replace physical money soon: BoJ official

Financial technology is fast revolutionising the banking industry but digital currencies will not replace physical money any time soon, a senior Bank of Japan (BoJ) official said on Wednesday. "It's too far off," Hiromi Yamaoka, head of the BoJ's payment

Published 27 Nov, 2017 12:00am

Saudi bourse rises after prince reassures on crackdown, Gulf markets mostly sluggish

Saudi Arabia's stock market rose on Sunday after Crown Prince Mohammed bin Salman reassured investors about the impact of a crackdown on corruption, while other Gulf bourses were sluggish. The Saudi index added 0.8 percent. Prince Mohammed said in a New Y

Published 27 Nov, 2017 12:00am

Mutual Funds

US-based stock ETFs attract $9.4 billion of inflows

Investors poured $9.4 billion into US-based stock exchange-traded funds (ETFs) in the week ended Wednesday, the group's eighth consecutive week of inflows, against a backdrop of record closing highs on major markets, Lipper data showed on Friday. Retail i

Published 27 Nov, 2017 12:00am

Exchange

Comparethemarket.com owner BGL scraps London listing plans

BGL Group, owner of Comparethemarket.com, said on Thursday it would sell a 30 percent stake for about 675 million pounds ($899 million) to Canada Pension Plan Investment Board (CPPIB) instead of listing its shares in London. BHL, the owner of BGL Group, w

Published 27 Nov, 2017 12:00am

Exchange

Comparethemarket.com owner BGL scraps London listing plans

BGL Group, owner of Comparethemarket.com, said on Thursday it would sell a 30 percent stake for about 675 million pounds ($899 million) to Canada Pension Plan Investment Board (CPPIB) instead of listing its shares in London. BHL, the owner of BGL Group, w

Published 27 Nov, 2017 12:00am

UK bond dealers see small cut in 2017-18 borrowing, darker outlook ahead

British government bond dealers expect little change to the country's gilt issuance plans this year or next after finance minister Philip Hammond sets out his budget plans on Wednesday, despite lower-than-expected public borrowing so far this year. Public

Published 27 Nov, 2017 12:00am

UK bond dealers see small cut in 2017-18 borrowing, darker outlook ahead

British government bond dealers expect little change to the country's gilt issuance plans this year or next after finance minister Philip Hammond sets out his budget plans on Wednesday, despite lower-than-expected public borrowing so far this year. Public

Published 27 Nov, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 81.70-81.70 (previous 81.60-81.60).

Published 27 Nov, 2017 12:00am

Vanguard's Davis makes case for index funds even in tough times

The rush of money into big index funds has raised concerns about whether they would still prove attractive in a downturn, an issue taking on more importance especially for industry leader Vanguard Group Inc as its passive products soar in scale. A common

Published 27 Nov, 2017 12:00am

Vanguard's Davis makes case for index funds even in tough times

The rush of money into big index funds has raised concerns about whether they would still prove attractive in a downturn, an issue taking on more importance especially for industry leader Vanguard Group Inc as its passive products soar in scale. A common

Published 27 Nov, 2017 12:00am

Wall Street week ahead: 'Stealth hedging' shows investors not so complacent

With the US stock market at a record high and daily stock gyrations near multi-decade lows, some investors have raised concerns about the lack of fear in the market, but US equity options market data suggests investors are far from complacent. Positioning

Published 27 Nov, 2017 12:00am

Sanchez lifts Arsenal, Everton crash again

Alexis Sanchez's late penalty gave Arsenal a controversial 1-0 win over Burnley, while managerless Everton endured more misery in a 4-1 thrashing at Southampton on Sunday. Arsene Wenger's side looked set for a frustrating draw as they entered stoppage-tim

Published 27 Nov, 2017 12:00am

Goffin downs Tsonga to force Davis Cup decider

Belgium's David Goffin swept aside Frenchman Jo-Wilfried Tsonga 7-6 (7/5), 6-3, 6-2 on Sunday to level the Davis Cup final at two points apiece and force a decisive fifth rubber. Richard Gasquet and Pierre-Hugues Herbert put France, seeking their first ti

Published 27 Nov, 2017 12:00am

Qatar unveils World Cup's first 'reusable' stadium

Qatar on Sunday unveiled the design for what it claims is the World Cup's first 'reusable' stadium, the seventh of eight expected venues that will stage games during the 2022 tournament. Ras Abu Aboud is a 40,000 seater stadium that will be built on Doha'

Published 27 Nov, 2017 12:00am

Honda Chenab win Winter Polo Cup 2017

Bilal Haye burst eight goals to guide Honda Chenab to a convincing 12-10 victory over Artema Medical/Black Horse Paints and clinch the Winter Polo Cup here at the Lahore Polo Club (LPC) ground on Sunday. The main final proved to be a high-voltage encounte

Published 27 Nov, 2017 12:00am

IAAF maintains Russia suspension

The world governing body of athletics on Sunday maintained its suspension of Russia, saying the country still had not done enough to clamp down on doping. Rune Andersen, the head of the International Association of Athletics Federations (IAAF)'s anti-dopi

Published 27 Nov, 2017 12:00am

Cameron Davis wins Australian Open golf

Australia's Cameron Davis shot a brilliant final round of seven-under-par 64 to win the 102nd Australian Open after a wild finish to the tournament Sunday. Regarded as one of Australia's most promising young players, the 22-year-old charged home to beat h

Published 27 Nov, 2017 12:00am

Kohli double century puts India in command

Skipper Virat Kohli hit a blistering double century to hand India a massive first innings lead of 405 as the hosts tightened their grip on the second Test against Sri Lanka on day three on Sunday. India declared on 610-6 after Rohit Sharma (102) had compl

Published 27 Nov, 2017 12:00am

Shanaka remorseful for ball tampering, says manager

Sri Lanka's cricket team manager said Sunday that a ball tampering incident involving Dasun Shanaka was due to an error of judgement and that the fast bowler was remorseful. Shanaka, who admitted the offence, was docked 75 percent of his match fee after h

Published 27 Nov, 2017 12:00am

Australia on cusp of big Ashes win over England

Openers David Warner and Cameron Bancroft breezed to an unbroken century stand on Sunday, leaving Australia needing just 56 runs to go one up in the Ashes series after England imploded. The tourists were skittled out for 195 off 71.4 overs, losing their l

Published 27 Nov, 2017 12:00am

New Kenyatta term to open with country bitterly divided

Uhuru Kenyatta will be sworn in for a second term as Kenya's president on Tuesday, the final act of an electoral saga that exposed deep and lasting divisions in the country. His inauguration comes ahead after Kenya's Supreme Court last Monday validated hi

Published 27 Nov, 2017 12:00am

Thirty women rescued from sex trafficking in Mexico

Thirty women trafficked for sex - most from Colombia and Venezuela - were rescued in two raids in Mexico, police said Saturday. The biggest operation took place in Toluca, capital of Mexico state, the most populous and one of the most dangerous states in

Published 27 Nov, 2017 12:00am

Coral transplant raises Barrier Reef survival hopes

Coral bred in one part of the Great Barrier Reef was successfully transplanted into another area, Australian scientists said Sunday, in a project they hope could restore damaged ecosystems around the world. In a trial at the reef's Heron Island off Austra

Published 27 Nov, 2017 12:00am

Powerful blast rocks Chinese port city, two dead

An explosion so powerful it was heard several kilometres away killed two people and injured over 30 in China's port city of Ningbo on Sunday while toppling several disused buildings, authorities and residents said, but there was no word as to the cause. A

Published 27 Nov, 2017 12:00am

Nephew says Mugabe accepts ousting and is 'quite jovial'

Robert Mugabe's nephew said Sunday the ousted Zimbabwean president was in good health and "quite jovial" after being forced to resign when a military takeover ended his 37 years in power. Leo Mugabe however declined to discuss the $10-million retirement b

Published 27 Nov, 2017 12:00am

Syria regime bombing kills 23 civilians near Damascus

Syrian regime air strikes and artillery fire killed 23 civilians on Sunday across the rebel-held Eastern Ghouta region outside the capital Damascus, a monitor said. The deaths come despite the area falling within a so-called "de-escalation zone" put in pl

Published 27 Nov, 2017 12:00am

Saudi-led coalition allows first aid ship into Yemen's Hodeidah port

A ship carrying 5,500 tonnes of flour docked in Yemen's Hodeidah port in the Red Sea on Sunday, the first after more than two weeks of a blockade by a Saudi-led coalition fighting the Houthi movement, local officials said. Saudi Arabia and its allies clos

Published 27 Nov, 2017 12:00am

Algerian lawmakers approve budget calling for hikes in fuel prices, taxes

Algeria's lower house of parliament on Sunday approved increases in subsidised gasoline and diesel prices for the third straight year as part of the 2018 budget, amid government attempts to compensate for a sharp fall in oil and gas revenues. The budget a

Published 27 Nov, 2017 12:00am

UN says 11 million Yemen children desperately need aid

More than 11 million children in war-torn Yemen are in desperate need of humanitarian aid, the United Nations children's fund warned on Sunday. "Today it is fair to say that Yemen is one of the worst places on earth to be a child," said Geert Cappelaere,

Published 27 Nov, 2017 12:00am

Three soldiers killed in Boko Haram raid in Nigeria's north

At least three soldiers were killed and another six others were wounded in a Boko Haram raid in northeast Nigeria, the military said on Sunday, in the latest attack in the restive region. The attack happened on Saturday evening when a large number of jiha

Published 27 Nov, 2017 12:00am

Iran accuses US over Saudi 'atrocities' in Yemen

Iran on Sunday accused the United States of responsibility for "atrocities" in Yemen through its support for Saudi Arabia, which is leading a coalition fighting Tehran-backed Huthi rebels. Iran's foreign ministry spokesman Bahram Ghassemi said a White Hou

Published 27 Nov, 2017 12:00am

Israeli minister quits over Sabbath row

An ultra-Orthodox minister in Israeli Prime Minister Benjamin Netanyahu's coalition government quit on Sunday in a dispute over work on the Sabbath, the Jewish day of rest. But a spokesman for health minister Yaakov Litzman told AFP that his United Torah

Published 27 Nov, 2017 12:00am

Thousands of Peruvians march against violence against women

Thousands of women marched through Lima's streets Saturday against violence toward women, a major concern in many Latin American countries. Shouting "Not one more!" and "Enough Abuse and Violence," demonstrators also said they were seeking tougher punishm

Published 27 Nov, 2017 12:00am

Thousands in Madrid protest violence against women

Thousands took to the streets of Madrid Saturday to protest violence against women, just as Spain reels from a grisly trial over an alleged gang rape. Shouting "We're not scared," they marched in the Spanish capital on the International Day for the Elimin

Published 27 Nov, 2017 12:00am

Hondurans vote as president seeks re-election

Hondurans went to the polls Sunday with President Juan Orlando Hernandez seeking a second mandate despite a constitutional one-term limit, sparking fears that his bid could usher a crisis in the poverty and crime-wracked country. An estimated six million

Published 27 Nov, 2017 12:00am

Ethiopia arrests: 100 suspects over ethnic clashes

More than 100 people have been arrested in Ethiopia over a string of clashes earlier this year between two of the country's largest ethnic groups that killed hundreds, the state-run broadcaster reported. Five people from the Somali region and 98 from the

Published 27 Nov, 2017 12:00am

Senegal lifts immunity of jailed Dakar mayor

Senegal's national assembly has lifted the parliamentary immunity of Dakar mayor Khalifa Sall, a leading opponent of President Macky Sall, opening the way for his trial on graft charges. The mayor has been in pre-trial detention since March on what his su

Published 27 Nov, 2017 12:00am

Trump renews support for embattled Senate candidate

President Donald Trump on Sunday redoubled his support for embattled Senate candidate Roy Moore, ignoring the allegations of sexual harassment plaguing Moore's Alabama campaign and branding his opponent as weak on crime, the military and immigration. In a

Published 27 Nov, 2017 12:00am

Merkel ally sees repeat coalition with SPD as 'best option'

A renewed coalition between Chancellor Angela Merkel's CDU/CSU conservatives and the centre-left Social Democrats is "the best option for Germany", CSU head Horst Seehofer said Sunday, raising hopes for an end to the political impasse. Merkel has been scr

Published 27 Nov, 2017 12:00am

Cuba honours Fidel Castro one year after his death

With little fanfare, Cuba on Saturday commemorated the first anniversary of the death of revolutionary leader Fidel Castro as it prepares to mmove into the post-Castro era. Since his death at the age of 90 on November 25 last year, Castro's wishes have be

Published 27 Nov, 2017 12:00am

Cuba holds municipal elections on road to Castro era's end

Cuba took another step on Sunday toward the end of the Castro era, with millions of residents placing paper ballots in cardboard boxes for ward delegates to municipal assemblies. The vote comes the day after the first anniversary of revolutionary leader F

Published 27 Nov, 2017 12:00am

Nepalis vote for stability in historic polls

Nepalis across the country's mountainous north voted Sunday in elections that could herald change after 20 ruinous years marked by a bloody Maoist insurgency, a devastating earthquake and crippling political instability. The historic vote marks the final

Published 27 Nov, 2017 12:00am

Pemra issues guidelines for media coverage of sit-in

The Pakistan Electronic Media Regulatory Authority (PEMRA) has issued guidelines for media coverage of the sit-in at Faizabad, Islamabad.

Published 27 Nov, 2017 12:00am

TV transmissions restored on PM's directives: Marriyum

Minister of State for Information, Broadcasting, National History and Literary Heritage Marriyum Aurangzeb has said that the transmissions of television channels have been restored in pursuance of the directive of Prime Minister Shahid Khaqan Abbassi.

Published 27 Nov, 2017 12:00am

Three-day PSNS conference concludes in Islamabad

Three-day annual conference of Pakistan Society of Neuro Surgeons (PSNS) concluded in Islamabad where more than two hundred delegates attended this conference from all over the world. Four senior doctors including Dr Khalid Mahmood from Punjab Institute o

Published 27 Nov, 2017 12:00am

Punjab remains tense as protests continue unabated

The situation in Punjab province remained tense on Sunday as religious groups continued their protests and sit ins in support of their demands even after several protesters were detained by security forces for blocking roads and setting vehicles on fire.

Published 27 Nov, 2017 12:00am

Interview with Abid Butt, CEO, e2e Supply Chain Management: 'China will take away the big logistics business under CPEC'

Abid Butt is the founder and CEO of e2e Supply Chain Management - a logistic company operating in Pakistan, Singapore, Malaysia and Afghanistan since 2006. He is also the founder and CEO of e2e Business Enterprise, a first of its kind manufacturing plant

Updated 27 Nov, 2017 12:38pm

Interview with Abid Butt, CEO, e2e Supply Chain Management: 'China will take away the big logistics business under CPEC'

Abid Butt is the founder and CEO of e2e Supply Chain Management - a logistic company operating in Pakistan, Singapore, Malaysia and Afghanistan since 2006. He is also the founder and CEO of e2e Business Enterprise, a first of its kind manufacturing plant

Published 27 Nov, 2017 12:00am

South Asian states join hands to launch 'Run for Healthy Life' campaign

The South Asian countries have joined hands to launch a campaign "Run for Healthy Life" in each country simultaneously with a view to engaging younger generation into adopting healthy lifestyle to prevent obesity and diabetes in the region.

Published 27 Nov, 2017 12:00am

Prices of essential items fall in retail market

Prices of essential food commodities, including pulses, vegetable, except sugar, chicken, eggs, further decreased in retail market. A survey conducted by Business Recorder here on Sunday, noticed that the prices of important kitchen items, have reg

Published 27 Nov, 2017 12:00am

BMP urges political parties to focus on economic issues

The presidential candidate of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for Businessmen Panel (BMP), Senator Haji Ghulam Ali said Political Parties need to consider the issues of Business Community and make polices accordingly.

Published 27 Nov, 2017 12:00am

Learn to read project: inter-schools declamation contest held

Peace Education and Development (PEAD) foundation in collaboration with USAID Small Grant organized Inter-schools Declamation contest of Urdu under the "Learn to Read" project, which aimed at fostering self-confidence in girl students by providing them an

Published 27 Nov, 2017 12:00am

Third CPEC media forum begins today

The 3rd CPEC Media Forum, initiated by the Pakistan-China Institute in collaboration with the Embassy of China and its Chinese Media partner, the China Economic Network, is going to start today. The new Ambassador of China to Pakistan, Yao Jing will give

Published 27 Nov, 2017 12:00am

PPP stands by democracy, parliament: Shah

Opposition leader in National Assembly Khurshid Shah has said that Pakistan People's Party (PPP) stands by the democracy and the parliament. In a statement, the opposition leader said that religious matters should not be used for 'political slogans'. Shah

Published 27 Nov, 2017 12:00am

LHC upholds FTO recommendations in favour of taxpayer

Lahore High Court (LHC) has confirmed landmark recommendations issued by the Federal Tax Ombudsman (FTO) to Federal Board of Revenue (FBR) to refund the sales tax amount deposited by a taxpayer under protest and launch an investigation why Directorate of

Published 27 Nov, 2017 12:00am

LHC upholds FTO recommendations in favour of taxpayer

Lahore High Court (LHC) has confirmed landmark recommendations issued by the Federal Tax Ombudsman (FTO) to Federal Board of Revenue (FBR) to refund the sales tax amount deposited by a taxpayer under protest and launch an investigation why Directorate of

Published 27 Nov, 2017 12:00am

Gomal university to remain closed today

The administration of Gomal University DI Khan notified a closure of one day in wake of the prevailing situation in context of the Islamabad sit-in. The university will remain closed today November 27 said a notification of the administration of the varsi

Published 27 Nov, 2017 12:00am

SU degree exams: date for submitting forms extended

The Controller of Examinations (Annual), University of Sindh, Jamshoro has announced for information to all candidates concerned that last date to fill in examination forms for appearing BA (Regular/ External)/ B Com/ B Sc, B Sc Home Economics (Regular) P

Published 27 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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