News Archives for Print - 2017-12-04

The Weather

The weather report on Sunday (December 03, 2017) and the forecast for Monday (December 04, 2017).

Published 04 Dec, 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 04 Dec, 2017 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (November 27 to 30, 2017).

Published 04 Dec, 2017 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 04 Dec, 2017 12:00am

Volcanic 'super-eruptions' more frequent than thought

The last volcanic "super-eruption" big enough to erase civilisation as we know it happened 25,000 years ago - but these types of blasts occur every 17,000 years on average, according to a revised calculation out on Wednesday. Up to now, it was assumed tha

Published 04 Dec, 2017 12:00am

Scientists discover resilient 'heart' of Great Barrier Reef

Australia's Great Barrier Reef is in peril from climate change and widespread bleaching, but scientists said on Tuesday a small portion may be resilient enough to keep much of the rest alive. About three percent of the World Heritage site - home to the pl

Published 04 Dec, 2017 12:00am

WHO fears complacency as progress against malaria stalls

Progress in the global fight against malaria has stalled amid signs of flatlining funding and complacency that the mosquito-borne disease is less of a threat, the World Health Organisation said on Wednesday. Malaria infected around 216 million people in 9

Published 04 Dec, 2017 12:00am

Rising Chinese ozone levels cause higher mortality: study

Rising ozone pollution in China's cities has emerged as a major health risk, causing a rise in deaths from strokes and heart disease among vulnerable residents, according to a new study by a team of Chinese researchers. Data from 272 Chinese cities betwee

Published 04 Dec, 2017 12:00am

Diabetes, obesity behind 800,000 cancers worldwide: study

Nearly six percent of new cancers diagnosed worldwide in 2012 - some 800,000 cases - were caused by diabetes and excess weight, according to a study published on Tuesday. Among the 12 types of cancer examined, the proportion of cases chalked up to these f

Published 04 Dec, 2017 12:00am

Fathers' depression affects kids' depression, too

Fathers who show signs of depression may be more likely to have kids who show signs of depression, especially in their teen years, according to a new study in the United Kingdom and Ireland. Previous research has shown an association between maternal depr

Published 04 Dec, 2017 12:00am

Europe's HIV epidemic growing at alarming rate, WHO warns

The number of people newly diagnosed with HIV in Europe reached its highest level in 2016 since records began, showing the region's epidemic growing "at an alarming pace", health officials said on Tuesday. That year, 160,000 people contracted the virus th

Published 04 Dec, 2017 12:00am

GSMA Mobile World Congress 2018 may attract 600 firms

The GSMA on November 28 announced the first details of the 2018 GSMA Mobile World Congress Shanghai, including confirmed exhibitors and sponsors, as well as a range of programmes and activities taking place at the annual mobile industry event. Under the t

Published 04 Dec, 2017 12:00am

Mavenir announces Virtualized Network Slicing Suite for 4G/5G

Mavenir, focused on accelerating software network transformation and redefining network economics for Communications Service Providers, November 28 announced its virtualized network slicing software solution called CloudRange Network Slice Suite that enab

Published 04 Dec, 2017 12:00am

Toyota showcases humanoid robot that mirrors user

Japanese auto giant Toyota November 29 showcased a humanoid robot that can mirror its user's movements, a product it says has uses as varied as elderly care and disaster response. The T-HR3 can be controlled by a wearable system that allows users to opera

Published 04 Dec, 2017 12:00am

Snapchat redesign keeps it personal

Snapchat on November 29 unveiled a redesign intended to rev up use of the image-sharing smartphone application by focusing on personal interests instead of what friends post. Parent company Snap has promised the redesign in a bid to make Snapchat more use

Published 04 Dec, 2017 12:00am

Digital mapping firm HERE to acquire ATS in connected-car play

Digital mapping firm HERE said on November 28 it plans to acquire Advanced Telematic Systems (ATS), a Germany-based company that provides "over the air" software updates for connected and autonomous vehicles. The deal, whose terms were not disclosed and w

Published 04 Dec, 2017 12:00am

Hackers may get even nastier in 2018: researchers

After a year marked by devastating cyber attacks and breaches, online attackers are expected to become even more destructive in 2018, security researchers said on November 29. A report by the security firm McAfee said the ransomware outbreaks of 2017 offe

Published 04 Dec, 2017 12:00am

Facebook trains artificial intelligence to spot suicidal signs

Facebook on Monday said stepping up the use of artificial intelligence to identify members of the leading social network who may be thinking of suicide. Software will look for clues in posts or even in videos being streamed at Facebook Live, then fire off

Published 04 Dec, 2017 12:00am

Ericsson sees 5G subscriptions hitting 1bn mark in 2023

Mobile network telecom gear maker Ericsson sees the number of 5G subscriptions nearly doubling in 2023 from 2022 to reach 1 billion in what would be a global break-through year for the emerging technology. Asia is expected to account for over half of all

Published 04 Dec, 2017 12:00am

Google data-saving tool aims to help manage smartphone bills

Google is taking aim at the 'next billion' internet users with a way to stop smartphone apps from needlessly burning through costly mobile data allowances. A newly release application dubbed Datally made available free at the Google Play Store this week l

Published 04 Dec, 2017 12:00am

Reshaping IKEA Group makes $3.6 billion profit

IKEA Group, the owner of most IKEA furniture stores, reported a drop in annual operating profit due to the sale of several businesses as well as investments in areas such as the internet and logistics. The world's biggest furniture group said on Tuesday i

Published 04 Dec, 2017 12:00am

Reshaping IKEA Group makes $3.6 billion profit

IKEA Group, the owner of most IKEA furniture stores, reported a drop in annual operating profit due to the sale of several businesses as well as investments in areas such as the internet and logistics. The world's biggest furniture group said on Tuesday i

Published 04 Dec, 2017 12:00am

Exchange

AirAsia posts lower Q3 operating profit

AirAsia Bhd, Malaysia's flagship budget airline, on Wednesday reported lower operating profit for the third quarter, as an increase in expenses offset a growth in capacity. The carrier's net operating profit for the three months ended September came in at

Published 04 Dec, 2017 12:00am

Exchange

AirAsia posts lower Q3 operating profit

AirAsia Bhd, Malaysia's flagship budget airline, on Wednesday reported lower operating profit for the third quarter, as an increase in expenses offset a growth in capacity. The carrier's net operating profit for the three months ended September came in at

Published 04 Dec, 2017 12:00am

Malaysia CIMB's Q3 profit beats expectations

CIMB Group Holdings, Malaysia's second-largest lender, reported a 10.7 percent rise in quarterly profit against expectations for a profit drop, driven by higher net interest income, lower provisions and a more robust capital market. Malaysian banks are be

Published 04 Dec, 2017 12:00am

Malaysia CIMB's Q3 profit beats expectations

CIMB Group Holdings, Malaysia's second-largest lender, reported a 10.7 percent rise in quarterly profit against expectations for a profit drop, driven by higher net interest income, lower provisions and a more robust capital market. Malaysian banks are be

Published 04 Dec, 2017 12:00am

Siemens leans towards Frankfurt listing for Healthineers unit

Siemens AG is close to naming a venue for the stock market listing of its Healthineers medical equipment arm, with Frankfurt now favoured for the listing which could value the company at 40 billion euros ($47.5 billion), sources said on Tuesday. One sourc

Published 04 Dec, 2017 12:00am

Exchange

Goldman Sachs among bidders for Scotia Bank's metals unit

Goldman Sachs Group is among around five bidders for Scotia Mocatta, the metals trading arm of Canada's Bank of Nova Scotia, for which it is seeking up to $1 billion, sources with knowledge of the matter told Reuters. Scotia bank began a review of its Sco

Published 04 Dec, 2017 12:00am

Exchange

Goldman Sachs among bidders for Scotia Bank's metals unit

Goldman Sachs Group is among around five bidders for Scotia Mocatta, the metals trading arm of Canada's Bank of Nova Scotia, for which it is seeking up to $1 billion, sources with knowledge of the matter told Reuters. Scotia bank began a review of its Sco

Published 04 Dec, 2017 12:00am

UDG Healthcare reports 17 percent increase in earnings

UDG Healthcare reported a 17 percent increase in full-year earnings on Tuesday, driven mainly by acquisitions, and said Chief Financial Officer Alan Ralph would retire by the end of 2018. UDG stock was down 2.5 percent in morning trading and was among the

Published 04 Dec, 2017 12:00am

India's Jet, Air France-KLM expand ties in potential challenge to Etihad

India's Jet Airways and Air France-KLM on Wednesday announced a partnership to route more traffic through Europe and on to North America, in a potential challenge to Gulf carrier Etihad Airways that is a shareholder in Jet. Indian international air traffi

Published 04 Dec, 2017 12:00am

Saudi's SABIC to spend $10 billion in acquisitions over next five years

Petrochemical producer Saudi Basic Industries Corp (SABIC) plans to spend between $3 and $10 billion on acquisitions over the next five years in specialties and agri-nutrients, chief executive Yousef al-Benyan said on Tuesday. The group was already lookin

Published 04 Dec, 2017 12:00am

Aetna's board set to approve $68 billion sale to CVS Health

Aetna Inc's board of directors was meeting on Sunday to approve the US health insurer's sale to US drugstore chain operator CVS Health Corp for approximately $207 per share in cash and stock, according to people familiar with the matter.

Published 04 Dec, 2017 12:00am

Exchange

Bangladesh foreign exchange reserves slip

Bangladesh's foreign exchange reserves fell to $32.60 billion at the end of November from $33.45 billion the previous month, but were up nearly 4 percent from a year earlier, the central bank said on Sunday. The monthly drop was fuelled by a rise in impor

Published 04 Dec, 2017 12:00am

Apple's Tim Cook says developers have earned $17 billion from China App Store

Apple Inc's chief executive Tim Cook said developers using its platform in China number 1.8 million and have earned a total 112 billion yuan ($16.93 billion), representing roughly a quarter of total global App Store earnings. Cook shared the data on Sunda

Published 04 Dec, 2017 12:00am

US firms push Washington to restart nuclear pact talks with Riyadh

US firms attracted by Saudi Arabia's plans to build nuclear reactors are pushing Washington to restart talks with Riyadh on an agreement to help the kingdom develop atomic energy, three industry sources said. Saudi Arabia has welcomed the lobbying, they s

Published 04 Dec, 2017 12:00am

Volkswagen 'misused' me, accused executive tells judge

Volkswagen AG executive Oliver Schmidt, who is due to be sentenced this week in connection with the carmaker's emissions scandal, has written to the judge to say he feels "misused" by the German company. Schmidt pleaded guilty in August in the US District

Published 04 Dec, 2017 12:00am

Xi says country will not close door to global internet

Chinese President Xi Jinping said on Sunday the country will not close its door to the global internet, but that cyber sovereignty is key in its vision of internet development. Xi's comments were read by Huang Kunming, head of the Chinese Communist Party'

Published 04 Dec, 2017 12:00am

Disney resumes acquisition talks with Fox

US media and entertainment giant Disney has renewed discussions for the purchase of some of rival 21st Century Fox's assets, The Wall Street Journal reported Saturday. Talks between the two began several weeks ago but fizzled due to disagreements over pri

Published 04 Dec, 2017 12:00am

SoftBank penalised for not reporting $1.25 million taxable income

Japan's tax authorities penalised SoftBank Group Corp's mobile carrier unit and ordered it to pay back taxes after it found the company hid about 140 million yen ($1.25 million) in taxable income, Yomiuri newspaper reported on Sunday. Tax authorities dete

Published 04 Dec, 2017 12:00am

Catwalk goes online with 'first ever' runway auction

The catwalk has met the auctioneer's gavel and gone online. In a streaming fashion show Saturday, a California auction house aimed to modernize the auction format with what it calls the "first ever runway fashion show auction." GWS Auctions offered for sa

Published 04 Dec, 2017 12:00am

Greece, lenders reach deal on reforms

Greece and its euro zone creditors reached a preliminary deal on Saturday on reforms Athens needs to roll out under its bailout programme, a move that could pave the way for the country to leave the aid plan in August. The agreement on a range of often po

Published 04 Dec, 2017 12:00am

Exchange

Hong Kong leader, bourse officials visit Saudi king

Top Hong Kong officials met Saudi Arabian King Salman in Riyadh on Sunday, Saudi state news agency reported, as the world's leading stock exchanges compete to list oil giant Saudi Aramco. Hong Kong chief executive Carrie Lam and financial secretary James

Published 04 Dec, 2017 12:00am

Tesla switches on giant battery to shore up Australia's grid

Tesla Inc switched on the world's biggest lithium ion battery on Friday in time to feed Australia's shaky power grid for the first day of summer, meeting a promise by Elon Musk to build it in 100 days or give it free. "South Australia is now leading the w

Published 04 Dec, 2017 12:00am

Currency

Central banks need to ensure tightening cools froth in financial markets: BIS

Major central banks must ensure their efforts to gradually lift interest rates prove effective enough to cool some already "frothy" financial markets, the Bank for International Settlements (BIS) said in its latest report. The umbrella organisation for th

Published 04 Dec, 2017 12:00am

KP Under-19 T20 cricket tournament begins

Khyber Pakhtunkhwa Youth U-19 T20 Cricket Tournament will be commencing from Monday here at Arbab Niaz Cricket Stadium. Talking to the media, Managing Director (MD), Malik Cricket Academy, Malik Farman Ali said on Sunday that all arrangements for the smoo

Published 04 Dec, 2017 12:00am

Peshawar win KP Jujitsu Martial Arts Championship

Peshawar clinched the trophy of the 3rd Khyber Pakhtunkhwa Jujitsu Martial Arts Championship after securing 120 points, District Karak and Hazara with 55 points and 35 points remained at second and third respectively. Former Sports Minister Syed Aqil Shah

Published 04 Dec, 2017 12:00am

Brathwaite leads West Indies battle for survival

Kraigg Brathwaite was eyeing his seventh century as he led the West Indies survival effort after Tom Blundell's debut ton put New Zealand in a seemingly unbeatable position in the first Test in Wellington on Sunday. Brathwaite was unbeaten on 79 as the to

Published 04 Dec, 2017 12:00am

Gymkhana Club win Lahore Golf Cup

Lahore Gymkhana Golf team has won the Lahore Golf Cup after defeating Defence Raya Club here on Sunday. Gymkhana Club team applied their abilities to the maximum to end up successful and thereby achieve glory. In the overall reckoning Gymkhana managed to

Published 04 Dec, 2017 12:00am

Cricketers vomiting after fielding in smoggy Delhi: Sri Lanka coach

Pollution stopped play Sunday in the third Test between India and Sri Lanka, and visiting coach Nic Pothas said the smog was so extreme that his players - who took the extraordinary step of wearing face masks - were "coming off the field and vomiting". Co

Published 04 Dec, 2017 12:00am

Black Horse Paints/Artema: Medical win Shoe Planet Polo

Black Horse Paints/Artema Medical outsmarted Honda Chenab by 10-6 in the final to annex the Shoe Planet Polo Cup here at the Lahore Polo Club (LPC) ground on Sunday. Hamza Mawaz Khan stole the show as he displayed quality polo with pony and mallot and sma

Published 04 Dec, 2017 12:00am

Ashes exile Stokes fails in rusty return for Canterbury

Suspended England star Ben Stokes gave a rusty performance on his highly anticipated return to cricket Sunday in a provincial one-day match in New Zealand, his country of birth. Amid speculation the allrounder was using the match as a tune-up in case he e

Published 04 Dec, 2017 12:00am

England in early trouble in pursuit of big Aussie total

England stumbled, losing an early wicket, before rain forced play to be abandoned on day two of the second Ashes Test on Sunday after Australia had declared their first innings on 442 for eight. Mitchell Starc struck in the seventh over, trapping Mark Sto

Published 04 Dec, 2017 12:00am

Kohli double ton puts India on top of pollution-hit Test

Virat Kohli smashed a record double century to put India on top in the third Test against Sri Lanka, whose fielders wore anti-pollution masks in extraordinary scenes in a smoggy Delhi on Sunday. cKohli cracked a career-best 243 but his sixth double centur

Published 04 Dec, 2017 12:00am

Junk bond rally drawing to close: European funds

European funds reckon the end may be nigh for a multi-year bull run in junk-rated bonds, slashing allocations to two-year lows, even though most expect the global equity rally to extend into 2018. Reuters' monthly asset allocation poll found investors bas

Published 04 Dec, 2017 12:00am

Junk bond rally drawing to close: European funds

European funds reckon the end may be nigh for a multi-year bull run in junk-rated bonds, slashing allocations to two-year lows, even though most expect the global equity rally to extend into 2018. Reuters' monthly asset allocation poll found investors bas

Published 04 Dec, 2017 12:00am

UK funds raise equities, see no end to bull run in 2018

British fund managers resumed raising their equity exposure in November, a Reuters poll showed on Thursday, with over two-thirds expecting the global equity bull run to continue throughout 2018. However, UK investors cut their US stocks allocation by a co

Published 04 Dec, 2017 12:00am

UK funds raise equities, see no end to bull run in 2018

British fund managers resumed raising their equity exposure in November, a Reuters poll showed on Thursday, with over two-thirds expecting the global equity bull run to continue throughout 2018. However, UK investors cut their US stocks allocation by a co

Published 04 Dec, 2017 12:00am

Currency

Yemen helps Saudi index rise for eighth day

Saudi Arabia's stock market rose for an eighth straight day in active trade on Sunday, climbing above technical resistance, as sentiment was helped by hopes for an end to the conflict in Yemen. A stabilising currency helped Qatar rebound. Former Yemeni pr

Published 04 Dec, 2017 12:00am

China issues seven billion yuan dim sum bonds in Hong Kong

China's Ministry of Finance has issued an aggregate 7 billion yuan ($1.06 billion) sovereign bonds in Hong Kong, the second batch of its ninth annual issuance, Hong Kong Monetary Authority said on Thursday. This batch of yuan bonds includes 4 billion yuan

Published 04 Dec, 2017 12:00am

China issues seven billion yuan dim sum bonds in Hong Kong

China's Ministry of Finance has issued an aggregate 7 billion yuan ($1.06 billion) sovereign bonds in Hong Kong, the second batch of its ninth annual issuance, Hong Kong Monetary Authority said on Thursday. This batch of yuan bonds includes 4 billion yuan

Published 04 Dec, 2017 12:00am

Record high stocks? No problem yet, say US asset managers

US funds turned in favour of stocks in November at the expense of cash, looking for better returns before the end of the year by lifting their recommended equity allocations to the highest since June, a Reuters poll of investment managers showed. That shi

Published 04 Dec, 2017 12:00am

Record high stocks? No problem yet, say US asset managers

US funds turned in favour of stocks in November at the expense of cash, looking for better returns before the end of the year by lifting their recommended equity allocations to the highest since June, a Reuters poll of investment managers showed. That shi

Published 04 Dec, 2017 12:00am

Exchange

Thailand moves to enhance bondholder protection

Thailand is moving to beef up investor protection in the rapidly growing domestic bond market after a recent run of defaults in short-term securities. The Securities and Exchange Commission of Thailand has been meeting representatives from the bond indust

Published 04 Dec, 2017 12:00am

Exchange

Thailand moves to enhance bondholder protection

Thailand is moving to beef up investor protection in the rapidly growing domestic bond market after a recent run of defaults in short-term securities. The Securities and Exchange Commission of Thailand has been meeting representatives from the bond indust

Published 04 Dec, 2017 12:00am

Currency

Ever-volatile bitcoin is embraced by Wall Street

Bitcoin's stratospheric rise this week follows the digital currency's embrace by mainstream trading platforms and is seen by some in finance as normal growing pains often experienced by innovative technologies. After starting the year at around $1,000, bi

Published 04 Dec, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 82.30-82.30 (Previous 82.30-82.30).

Published 04 Dec, 2017 12:00am

Currency

Nasdaq plans bitcoin futures contract in 2018

Nasdaq Inc plans to launch a futures contract based on bitcoin in 2018, making it the third exchange operator to plan US derivatives contracts linked to the digital currency, a source with knowledge of the matter said on Wednesday. The price of bitcoin to

Published 04 Dec, 2017 12:00am

Wall Street week ahead: fear of missing out keeps investors in despite risks

Wall Street's fear of missing out on a relentless rally appears to be trumping rising political risk in a high-stakes December in Washington. The ticking clock on the Republican Party's efforts to cut corporate taxes, alongside the risk that the US govern

Published 04 Dec, 2017 12:00am

US pulls out of UN's Global Compact on Migration

The administration of President Donald Trump has withdrawn the United States from a United Nations pact to improve the handling of migrant and refugee situations, deeming it "inconsistent" with its policies, the US mission to the global body announced Sat

Published 04 Dec, 2017 12:00am

Albania sends in military rescue as heavy rains trigger huge floods

Thousands of police and soldiers have been deployed in Albania to rescue stranded residents after heavy rainfall triggered major flooding, and caused the death of a utility worker, officials and the power company said Sunday. The victim, Sabri Vlinga, die

Published 04 Dec, 2017 12:00am

Six dead as suicide blast hits Afghan political rally

At least six people were killed when a suicide bomber drove a motorcycle into a crowd at a political rally in the eastern Afghan city of Jalalabad on Sunday, police said. The crowd had gathered in a sports stadium for a demonstration in support for Presid

Published 04 Dec, 2017 12:00am

Philippines suspends world-first public dengue vaccination programme

The Philippines said Friday it had suspended a landmark public vaccination programme for the potentially deadly dengue virus after its manufacturer warned it could worsen the disease in some cases. French pharmaceutical giant Sanofi announced Wednesday th

Published 04 Dec, 2017 12:00am

Qatari emir to attend Gulf summit despite row

Qatari Emir Sheikh Tamim bin Hamad al-Thani is expected to attend the annual summit of Gulf Arab heads of state in Kuwait on Dec. 5 and 6, Qatar's foreign minister said on Sunday, despite a deep dispute within the group. "The ministerial meeting will be a

Published 04 Dec, 2017 12:00am

Erdogan says businessmen moving assets abroad are 'traitors'

Turkish President Tayyip Erdogan said on Sunday businessmen who attempted to move assets abroad were "traitors", and called on his cabinet to block any such moves. "I am seeing signals, news that some businessmen are trying to move their assets abroad, an

Published 04 Dec, 2017 12:00am

Minibus smuggling people into Turkey crashes, killing 10

A minibus smuggling people from Syria into Turkey hit a truck on the Turkish side of the border on Sunday, killing 10 people on board and severely injuring seven others, according to the Dogan news agency. The head-on collision happened in Hatay province

Published 04 Dec, 2017 12:00am

Whereabouts of Egyptian former Prime Minister unknown since deportation home: family

The family of former Egyptian prime minister Ahmed Shafik said on Sunday it has lost contact with him since they say he was deported from the United Arab Emirates to Cairo just days after announcing his intention to run for president next year. Shafik, a

Published 04 Dec, 2017 12:00am

Australia's deputy Prime Minister by-election win boosts embattled coalition

Australia's deputy prime minister has easily won a crucial by-election triggered by a dual-citizenship crisis that threatened the ruling coalition's grip on power. Barnaby Joyce's emphatic re-election in the Saturday poll brought relief to a government wh

Published 04 Dec, 2017 12:00am

Tens of thousands march in Tel Aviv against 'government corruption'

Tens of thousands of people have protested in Tel Aviv against what they say is corruption within the government and the slow pace of investigations against Prime Minister Benjamin Netanyahu. Netanyahu is suspected of receiving luxury gifts from wealthy s

Published 04 Dec, 2017 12:00am

After protest, Netanyahu seeks change to bill altering police powers

Israeli Prime Minister Benjamin Netanyahu called Sunday for changes to controversial legislation his opponents say was designed to help him survive ongoing police probes after tens of thousands protested at the weekend. The long-serving prime minister is

Published 04 Dec, 2017 12:00am

North Korea blasts 'dangerous' US-South joint military drill

North Korea Sunday blasted the United States and South Korea as "warmongers" on the eve of their largest-ever joint air exercise, saying it could trigger a nuclear war. The comments came as White House National Security Advisor H.R McMaster warned of the

Published 04 Dec, 2017 12:00am

Pro-Pakistan slogans raised during cricket match in IHK

Much to the embarrassment of Indian army and police and other authorities present, the cricket team and spectators who had turned up at a cricket match held in a government stadium in Indian-occupied Kashmir's central district of Budgam on Sunday chanted

Published 04 Dec, 2017 12:00am

'Vibrant nations get actively engaged with contemporary cultures'

First Lady Begum Mehmooda Mamnoon Hussain on Sunday said vibrant nations get actively engaged with contemporary cultures to keep themselves abreast with new trends and learn good things from others to develop their own societies. Addressing at the annual

Published 04 Dec, 2017 12:00am

Mild intensity earthquake jolts Swat, surroundings

An earthquake of mild intensity jolted Swat and surrounding areas on Sunday but no causality or property loss was reported. According to geological wing of PMD, tremors measuring 3.1 on Richter scale were felt in Swat city and surrounding areas. People of

Published 04 Dec, 2017 12:00am

MQM-P chief demands compensation for victims of land mafia

Muttahida Qaumi Movement Pakistan (MQM-P) chief Dr Farooq Sattar has demanded the government on Saturday to give financial compensation to the 'victims' who built buildings using their savings, on plots that turned out to be scams by land-grabbing mafia.

Published 04 Dec, 2017 12:00am

Salman Sufi selected for prestigious Solidarity Award 2017

Director General of the Chief Minister Punjab's Strategic Reforms Unit Salman Sufi has been selected as an Honoree for Voices of Solidarity Award 2017 to be presented by Vital Voices Global Partnership, an organisation under the chairmanship of Hillary Cl

Published 04 Dec, 2017 12:00am

SHC restrains Commissioner Inland from cancelling exemption certificate

A division bench of the Sindh High Court has restrained the Commissioner Inland Revenue from cancelling exemption certificate earlier issued by him (under section 159(1) and section 154(4A) read with clause (94) of Part IV of the Second Schedule of Income

Published 04 Dec, 2017 12:00am

11 members of BRA nabbed in Balochistan

Security forces on Sunday arrested 11 members of a proscribed Balochistan Republican Army (BRA) and recovered huge caches of arms and ammunition during separate operations in various parts of Balochistan. The terrorists were nabbed from the Sanni Shoran a

Published 04 Dec, 2017 12:00am

IPC programme: Over 146,000 apply for mere 15,000 internship

Ministry of Inter Provincial Coordination's (IPC) internship programme is getting popularity among the youth as it has received 146,000 applications against the total 15,000 available seats. "We are receiving a record number of applications. The youngster

Published 04 Dec, 2017 12:00am

Pak-Saudi joint exercise 'Al-Shehab-2' under way at Riyadh

'Al-Shehab-2', Pak-Saudia Special Forces joint counter terrorism exercise is under way at Prince Naif Security City, Riyadh. According to ISPR, the two weeks long exercise started on commenced on November 25, 2017 and will continue till December 10, 2017.

Published 04 Dec, 2017 12:00am

One killed, another hurt in firing incident

One person was killed and another injured in firing on vehicle after collision here on Sunday. The police arrested five culprits involved in firing and recovered arms from their possession. SSP South Javed Akbar Riaz said that four people were on their wa

Published 04 Dec, 2017 12:00am

US policies promoting terrorism in region: Siraj

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has said that the US policies for the region were promoting terrorism and Pakistan and Afghanistan would have to join hands to wipe out the menace. According to spokesman of the Jamaat-e-Islami Lahore, he was

Published 04 Dec, 2017 12:00am

AKU convocation: Zubair calls for updating syllabus on modern lines

Governor Sindh, Muhammad Zubair, has said that promotion of higher education can change the destiny of the nations. Speaking as chief guest at the Aga Khan University's 2017 convocation here on Sunday, he extended his personal congratulations to the 360-s

Published 04 Dec, 2017 12:00am

Enemy's acts of cowardice can't deter nation's courage: Muqam

Advisor to Prime Minister, Engineer Ameer Muqam Sunday said that the cowardice attack of enemies can not deter the courage of the nation. He said this while talking to the media after laying a wreath of flowering on the graveyard of student Bilal Ahmad wh

Published 04 Dec, 2017 12:00am

BMP announces agenda for 2018 FPCCI elections

The Business Men Panel (BMP) of FPCCI has announced its agenda and priorities for turning around national economy, rebuilding of business community's confidence, revival of small and large scale industries and creation of job opportunities for the youth.

Published 04 Dec, 2017 12:00am

PML-N's new CEC's maiden meeting today

The PML-N president and former Prime Minister Nawaz Sharif has summoned a meeting of his party's newly nominated Central Executive Committee (CEC) in Islamabad today. The 27 member CEC headed by Nawaz Sharif himself, has been formed as the party's apex de

Published 04 Dec, 2017 12:00am

Disabled persons Wheelchairs, tri-cycles distributed

Speaker Khyber Pakhtunkhwa Assembly, Asad Qaiser distributed wheelchairs and tri-cycles amongst disable persons in Gulo Dheri (Swabi). The ceremony was held in connection with World Disabled Persons in Social Welfare Complex. Addressing the ceremony, the

Published 04 Dec, 2017 12:00am

NAB authorises inquiry against Sheikh Yaseen Town's management

The Regional Board Meeting (RBM) of the National Accountability Bureau (NAB) Khyber Pakhtunkhwa has authorized an inquiry against Chinar Gul alias Hamza and Wali Ullah of Sheikh Yaseen Town, Peshawar. The Regional Board Meeting (RBM) of National Accountab

Published 04 Dec, 2017 12:00am

Eight suspects, drug peddlers arrested

Kohat Police arrested four suspects from Malangabad area during a search operation against criminals and out-laws. The police recovered two Kalashnikovs, pistol and hundreds of cartridges from their possession. The Police Station Jungle Khel has registere

Published 04 Dec, 2017 12:00am

Sindhi Cultural Day celebrated across Sindh

Sindhi Cultural Day was celebrated across Sindh with enthusiasm and fervour. Rallies and colourful programs were held to highlight the centuries-old rich culture of the province. In Karachi, a colourful programme was held outside the Karachi Press Club in

Published 04 Dec, 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
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
Cotton US¢/pound / Nov 6	69.41
Petrol/Litre / Nov 7	248.38

Stock	Price
786 Invest Ltd / Nov 7 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 7 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 7 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 7 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 7 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 7 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 7 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 7 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 7 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 7 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 7 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 7 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 7 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 7 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 7 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 7 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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