News Archives for Print - 2018-01-29

The Weather

The weather report on Sunday (January 28, 2018) and the forecast for Monday (January 29, 2018).

Published 29 Jan, 2018 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 29 Jan, 2018 12:00am

Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (January 22 to 26, 2018).

Published 29 Jan, 2018 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 29 Jan, 2018 12:00am

Gwadar Free Zone, covering 923 ha., will be built adjacent to Gwadar Port. The South Area of the Free Zone (Phase I) will develop a commercial logistics zone with the leading functions of commodity exhibition, transit and distribution relying on the exist

Published 29 Jan, 2018 12:00am

Gwadar Port

On the shores of the Arabian Sea, Gwadar Port is located at the mouth of the Persian Gulf, just outside the Straits of Hormuz, near the key shipping routes. It's the third largest seaport planned in Pakistan. Gwadar lies at the convergence of three most c

Published 29 Jan, 2018 12:00am

Gwadar Port Free Zone

Gwadar Free Zone has been handed over to Gwadar Free Zone Company Ltd, a subsidiary of M/S. China Overseas Ports Holding Company Limited (COPHCL) Pakistan under a Concession Agreement for a period of 43 years. The Gwadar Free Zone shall bring extensive ec

Published 29 Jan, 2018 12:00am

Gwadar Port: Symbol of peace and prosperity

Gwadar is being planned to be the first Smart Port City in Pakistan on the southwestern Arabian Sea coastline, in the Balochistan province. It is about 630 Km from Karachi and 73 Km from the Iranian border at Gabd. Gwadar Port is located at the mouth of t

Published 29 Jan, 2018 12:00am

Message from Ambassador of China to Pakistan

On the occasion of inauguration of Gwadar Free Zone and Gwadar Expo 2018, on behalf of the Chinese Government, I wish to express my sincere congratulations as well as my appreciation to the organizers and colleagues from both China and Pakistan.

Published 29 Jan, 2018 12:00am

Message from Federal Minister of Planning, Development, Reform and Interior

It is indeed a matter of immense satisfaction to witness major transformation and rapid development of Gwadar. The rehabilitation of entire phase-I facilities of Gwadar Port Terminal, and completion of work on first phase of Gwadar Free Zone are major mil

Published 29 Jan, 2018 12:00am

Message from Federal Minister for Maritime Affairs

It makes me feel honoured to avail this opportunity to convey my gratitude to everyone whose contribution made this first-of-its-kind Mega Event in this once sleepy Town, a real success. Of the great association between the Gwadar Port Authority (GPA) and

Published 29 Jan, 2018 12:00am

Message from Prime Minister

I am delighted to know that the first Gwadar Expo-2018 is being organized at Gwadar Port on 29-30 January 2018, which also includes inauguration of Gwadar Port Free Zone. I would like to recall that on September 1, 2016 when Mian Muhammad Nawaz Sharif per

Published 29 Jan, 2018 12:00am

Opposition wants to give into US demands on NAFTA: Canada PM

Canadian Prime Minister Justin Trudeau on Sunday set aside the nation's nonpartisan efforts to defend NAFTA, accusing his main rivals in Parliament of wanting to give in to hard-line US demands for revamping the treaty. Officials from the United States, C

Published 29 Jan, 2018 12:00am

US farmers have much to lose if NAFTA deal collapses

A collapse of the North American Free Trade Agreement (NAFTA), which US President Donald Trump has threatened to scrap, could create the most profound disruption for US farmers who produce grains, meats and dairy products sold to Canada and Mexico. Blake

Published 29 Jan, 2018 12:00am

Saudi's SABIC profits fall

Saudi Basic Industries Corp (SABIC), the world's fourth-biggest petrochemicals company, reported an 18.6 percent drop in fourth-quarter net profit, missing analysts' forecasts, as sales dropped and its steel business was hit by writedowns. Last week, SABI

Published 29 Jan, 2018 12:00am

Saudi's SABIC profits fall

Saudi Basic Industries Corp (SABIC), the world's fourth-biggest petrochemicals company, reported an 18.6 percent drop in fourth-quarter net profit, missing analysts' forecasts, as sales dropped and its steel business was hit by writedowns. Last week, SABI

Published 29 Jan, 2018 12:00am

Bangladesh signs deal with Indonesia for LNG imports

Bangladesh signed an agreement with Indonesia on Sunday to open talks on imports of liquefied natural gas (LNG), as the South Asian country turns to the supercooled fuel to fill a shortfall of domestic natural gas. A letter of intent was signed between tw

Published 29 Jan, 2018 12:00am

Opel to export cars to Tunisia, Morocco

PSA Group's Opel plans to start exporting cars to Tunisia and Morocco from its European plants, its chief executive told German daily Frankfurter Allgemeine Zeitung (FAZ) in an interview. France's PSA agreed in March to buy Opel from General Motors in a d

Published 29 Jan, 2018 12:00am

ECB should be clear on ending asset purchases after September: Knot

The European Central Bank (ECB) should make it clear how it will end its asset purchases as soon as possible after the current bond buying programme ends in September, Dutch central bank president Klaas Knot told Dutch current affairs programme Buitenhof

Published 29 Jan, 2018 12:00am

India likely to put pedal to metal on asset sales

India's government may look to raise as much as a record 1 trillion rupees ($15.7 billion) from the sale of state assets in the next fiscal year to help meet tough fiscal deficit limits while giving it room to boost spending and woo voters before general

Published 29 Jan, 2018 12:00am

Exchange

Japan's crypto exchange to refund to customers after theft

Japan-based virtual currency exchange Coincheck said Sunday it will refund about $400 million to customers after hackers stole hundreds of millions of dollars' worth of digital assets. The company said it will use its own funds to reimburse about 46.3 bil

Published 29 Jan, 2018 12:00am

Currency

Estonia makes 'token' effort to take euro crypto

Estonia is looking to drag the euro into the crypto age - and tame the volatility plaguing bitcoin and its peers - by creating a digital token backed by the single European currency. Cryptocurrencies have been on a rollercoaster ride recently, with bitcoi

Published 29 Jan, 2018 12:00am

France's Macron 'must show example' on deficit, says EU commissioner

France may no longer be the eurozone's deficit dunce but President Emmanuel Macron must do more to improve the country's finances "if he wants to be the leader in Europe", the EU's economy commissioner said Sunday. France has long been in the EU's crossha

Published 29 Jan, 2018 12:00am

Medical breakthroughs, a victim of their success

Vaccinations, antibiotics and antivirals are medical breakthroughs that have saved millions of lives in the 20th century, even if today they are increasingly contested or taken for granted. The success of modern medicine presents a paradox: as disease and

Published 29 Jan, 2018 12:00am

Flu increases risk of heart attack

Influenza is already known to be deadly, but a new study suggests that the risk of heart attack is six times greater than normal while people are ill with the flu. "I was a little bit surprised by the strength of the association. It's not every day you se

Published 29 Jan, 2018 12:00am

Air pollution tied to preterm births in China

Chinese mothers who are exposed to higher levels of air pollution during pregnancy may be more likely to deliver preterm infants than women who live where the air is cleaner, a recent study suggests. Researchers examined data on more than 1.3 million heal

Published 29 Jan, 2018 12:00am

With high genetic obesity risk, healthy diet has biggest effect on weight

People who adopt a healthy diet to lose weight may get better results when they have a greater genetic risk for obesity, a US study suggests. "People with high genetic risk have an elevated risk of developing obesity; however, our data indicate that genes

Published 29 Jan, 2018 12:00am

Coral reefs get sick from plastic waste: study

Billions of bits of plastic waste are entangled in corals and sickening reefs from Thailand to Australia's Great Barrier Reef, scientists said on Thursday. The trash is another pressure on corals, already suffering from over-fishing, rising temperatures c

Published 29 Jan, 2018 12:00am

Dimming the Sun to cool Earth may ravage wildlife: study

Geoengineering schemes designed to deflect some of the Sun's planet-warming rays would backfire if suddenly discontinued, wiping out species and entire ecosystems, a study published on Monday warns. "Rapid warming after stopping geoengineering would be a

Published 29 Jan, 2018 12:00am

Dutch robots help make cheese, 'smell' the roses

It might be one small move for a robot, but it could prove an important step for Dutch cheesemakers. Moonlander, invented by students, is here to help take the hard work out of curds and whey. At a display of creations by final-year robotics students at t

Published 29 Jan, 2018 12:00am

Apple will give users control over slowdown of older iPhones

Apple's next major update of its mobile software will include an option that will enable owners of older iPhones to turn off a feature that slows the device to prevent aging batteries from shutting down. The free upgrade announced Wednesday will be releas

Published 29 Jan, 2018 12:00am

SAP unveils big push into French tech start-ups

Europe's biggest software company SAP on Monday said it will spend up to two billion euros investing in and nurturing French start-ups as part of its push into cutting-edge technologies like artificial intelligence. The move by the German firm comes as Fr

Published 29 Jan, 2018 12:00am

Silicon Valley veteran to head mobile-age TV startup

A startup created by a Hollywood powerhouse to tailor television for smartphone lifestyles announced Wednesday that its chief will be Silicon Valley veteran Meg Whitman. Whitman will start in March as the top executive at NewTV, a "mobile-first media plat

Published 29 Jan, 2018 12:00am

Latest Alphabet 'moonshot' aims to thwart cyber attacks

Google parent Alphabet's "moonshot" lab unveiled a new "graduate" on Wednesday which aims to make a business out of preventing cyber attacks. The technology giant unveiled Chronicle, the latest business unit to proclaim independence from the "X" lab devot

Published 29 Jan, 2018 12:00am

Intel halts chip flaw fix due to problem with patches

Intel on January 22 called for a halt in deployment of patches for a troubling vulnerability in its computer chips because they could cause "unpredictable" problems in affected devices. Intel posted a list of chip models that could be tripped up by the pa

Published 29 Jan, 2018 12:00am

Facebook acknowledges social media's risks to democracy

Facebook acknowledged January 22 that widespread use of social media can be harmful to democracy, while pledging to work to minimize these risks. The world's biggest social network's comments were the latest response to persistent criticism for its role i

Published 29 Jan, 2018 12:00am

Get your stuff and go: Amazon opens store with no cashiers

No cashiers, no registers and no cash? this is how Amazon sees the future of store shopping. The online retailer opened its Amazon Go concept to the public Monday in Seattle, which lets shoppers take milk, potato chips or ready-to-eat salads off its shelv

Published 29 Jan, 2018 12:00am

Twitter second-in-command leaving for finance startup SoFi

Twitter bade farewell January 23 to its number two executive Anthony Noto, who is taking a job heading internet age finance company SoFi. "I'm really sad to see @anthonynoto leave us, but I'm happy for him and really proud of everything he's accomplished

Published 29 Jan, 2018 12:00am

Better than holograms: A new 3-D projection into thin air

One of the enduring sci-fi moments of the big screen R2-D2 beaming a 3-D image of Princess Leia into thin air in 'Star Wars' is closer to reality thanks to the smallest of screens: dust-like particles. Scientists have figured out how to manipulate nearly

Published 29 Jan, 2018 12:00am

Verizon quarterly revenue beat estimates

Verizon Communications Inc on Tuesday reported quarterly revenue that exceeded analyst estimates as it added phone subscribers, and the company's chief executive said it was not currently considering a large media acquisition. Analysts have wondered wheth

Published 29 Jan, 2018 12:00am

Verizon quarterly revenue beat estimates

Verizon Communications Inc on Tuesday reported quarterly revenue that exceeded analyst estimates as it added phone subscribers, and the company's chief executive said it was not currently considering a large media acquisition. Analysts have wondered wheth

Published 29 Jan, 2018 12:00am

Tesco UK to cut net 800 jobs in cost-cutting drive

Britain's biggest retailer Tesco said on Monday it will cut a net 800 jobs from its UK business in its latest move to simplify operations and achieve targeted cost savings. The supermarket group, the UK's largest private sector employer with a staff of ov

Published 29 Jan, 2018 12:00am

P&G profit falls 68 percent

Procter & Gamble Co reported a 68 percent drop in quarterly profit on Tuesday, due to the sale of a chunk of its beauty brands to Coty Inc last fiscal year and a charge related to the recent US tax overhaul. Shares of the company were down 1.4 percent in

Published 29 Jan, 2018 12:00am

P&G profit falls 68 percent

Procter & Gamble Co reported a 68 percent drop in quarterly profit on Tuesday, due to the sale of a chunk of its beauty brands to Coty Inc last fiscal year and a charge related to the recent US tax overhaul. Shares of the company were down 1.4 percent in

Published 29 Jan, 2018 12:00am

EasyJet's revenue jumps over 14 percent in first quarter

EasyJet's revenue jumped more than 14 percent in its first quarter, the British no-frills airline said on Tuesday, profiting in part from the collapse of rivals and flight cancellations at Ryanair. Revenue reached £1.14 billion ($1.6 billion, 1.3 billion

Published 29 Jan, 2018 12:00am

EasyJet's revenue jumps over 14 percent in first quarter

EasyJet's revenue jumped more than 14 percent in its first quarter, the British no-frills airline said on Tuesday, profiting in part from the collapse of rivals and flight cancellations at Ryanair. Revenue reached £1.14 billion ($1.6 billion, 1.3 billion

Published 29 Jan, 2018 12:00am

Euro zone banks see rising loan demand in first quarter: ECB survey

Banks in the euro zone expect demand for corporate loans, consumer credit and mortgages to grow in the first quarter with credit standards also easing, the European Central Bank said on Tuesday in its quarterly lending survey. Buying trillions of euros wo

Published 29 Jan, 2018 12:00am

Novartis poised for growth as CEO hands baton to US newcomer

Novartis expects to return to operating profit growth this year, with new Chief Executive Vas Narasimhan inheriting the Swiss drugmaker just as revenue from its latest medicines accelerates and the impact of expiring patents fades. The company said on Wed

Published 29 Jan, 2018 12:00am

Novartis poised for growth as CEO hands baton to US newcomer

Novartis expects to return to operating profit growth this year, with new Chief Executive Vas Narasimhan inheriting the Swiss drugmaker just as revenue from its latest medicines accelerates and the impact of expiring patents fades. The company said on Wed

Published 29 Jan, 2018 12:00am

National Bank of Kuwait fourth quarter profit rises 5.4 percent

National Bank of Kuwait (NBK), the Gulf Arab state's largest commercial lender, reported a 5.4 percent rise in fourth-quarter net profit, in line with analysts' forecasts, according to Reuters calculations. The bank made a net profit of 80.0 million dinar

Published 29 Jan, 2018 12:00am

National Bank of Kuwait fourth quarter profit rises 5.4 percent

National Bank of Kuwait (NBK), the Gulf Arab state's largest commercial lender, reported a 5.4 percent rise in fourth-quarter net profit, in line with analysts' forecasts, according to Reuters calculations. The bank made a net profit of 80.0 million dinar

Published 29 Jan, 2018 12:00am

United Airlines profit up on higher fares

United Continental Holdings Inc reported a greater-than-expected jump in quarterly profit on Tuesday, helped by higher fares and more last-minute ticket purchases. The No 3 US carrier by passenger traffic reported fourth-quarter net profit of $580 million

Published 29 Jan, 2018 12:00am

United Airlines profit up on higher fares

United Continental Holdings Inc reported a greater-than-expected jump in quarterly profit on Tuesday, helped by higher fares and more last-minute ticket purchases. The No 3 US carrier by passenger traffic reported fourth-quarter net profit of $580 million

Published 29 Jan, 2018 12:00am

Citi gets Saudi go-ahead for investment banking business

Citigroup has won formal approval from Saudi Arabia's Capital Market Authority to begin investment banking business there, the US bank said on Tuesday. More than a dozen foreign banks have licences to operate branches in Saudi Arabia, battling for busines

Published 29 Jan, 2018 12:00am

GE reports steep fourth quarter loss but sees progress in turnaround

General Electric reported a huge quarterly loss on Wednesday due to charges linked to its insurance business and US tax reform, but highlighted progress in turning around the slumping industrial giant. Under pressure for answers on how to pivot from a per

Published 29 Jan, 2018 12:00am

GE reports steep fourth quarter loss but sees progress in turnaround

General Electric reported a huge quarterly loss on Wednesday due to charges linked to its insurance business and US tax reform, but highlighted progress in turning around the slumping industrial giant. Under pressure for answers on how to pivot from a per

Published 29 Jan, 2018 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 82.90-82.90 (Previous 82.90-82.90).

Published 29 Jan, 2018 12:00am

Exchange

Mega funds bet big on sterling turning a corner

Some of the world's biggest investors are betting on a sustained recovery in the pound, confident that Britain will avoid a disorderly crash out of the European Union and that the Bank of England will hike interest rates more than previously expected. Bet

Published 29 Jan, 2018 12:00am

Currency

ECB to end QE by December but should do so sooner: economists

The European Central Bank will stop printing money by the end of the year, but should do so much sooner, a majority of economists polled by Reuters said, citing a solid and synchronised growth outlook for the currency bloc. The debate on the central bank

Published 29 Jan, 2018 12:00am

Saudi's Kingdom Holding soars, earnings hit SABIC

Shares in Saudi Arabia's Kingdom Holding soared on Sunday after owner Prince Alwaleed bin Talal was released from detention, but top petrochemical producer Saudi Basic Industries fell on weak fourth-quarter earnings. Because of heavily weighted SABIC, the

Published 29 Jan, 2018 12:00am

Tunisia to sell bonds worth $1 billion

Tunisia's parliament on Tuesday approved a plan by the central bank to sell bonds worth $1 billion to help finance the 2018 budget, the state news agency said. The finance ministry directed the central bank after the approval by parliament's financial com

Published 29 Jan, 2018 12:00am

Tunisia to sell bonds worth $1 billion

Tunisia's parliament on Tuesday approved a plan by the central bank to sell bonds worth $1 billion to help finance the 2018 budget, the state news agency said. The finance ministry directed the central bank after the approval by parliament's financial com

Published 29 Jan, 2018 12:00am

China money rates fall

China's primary money rates eased this week as funds released from a reduction in some banks' reserve requirements boosted market liquidity. The volume-weighted average rate of the benchmark seven-day repo traded in the interbank market, considered the be

Published 29 Jan, 2018 12:00am

Exchange

A weak dollar 'good' for the US? It's complicated

A dollar rout intensified on Wednesday after US Treasury Secretary Steven Mnuchin said a lower greenback was "good for us" - though a weaker US currency may not prove a long-term economic boost. It was a highly unusual remark for a Treasury secretary, as

Published 29 Jan, 2018 12:00am

Exchange

Investors look to France's 'Macronomics' to beat benchmarks

Investors are banking on an economic renewal under President Emmanuel Macron to beat broader European benchmarks, sparking a flood of cash into funds offering exposure to France. Billions of euros have flowed into French assets since Macron's decisive vic

Published 29 Jan, 2018 12:00am

Exchange

Wall Street week ahead: State of the Union more likely to raise eyebrows than stocks

Anybody hoping for a replay of the stock market advance that followed US President Donald Trump's first address to Congress may be disappointed. This time around, shares could suffer if Trump does not tread carefully on hot-button issues. The S&P 500 jump

Published 29 Jan, 2018 12:00am

Saudi Arabia, UAE football teams denied neutral venues for Qatar

Saudi and UAE football authorities said on Sunday their teams will play Asian Champions League away matches in Qatar despite a travel ban they have imposed on their Gulf neighbour. The decisions by the Saudi Arabian and United Arab Emirates football feder

Published 29 Jan, 2018 12:00am

Ginting wins Indonesian Masters badminton

Indonesian shuttler Anthony Sinisuka Ginting defeated Japan's Kazumasa Sakai 21-13, 21-12 to win the Indonesian Masters badminton final on Sunday. Ginting, 21, was in commanding form in front of a boisterous home crowd at Jakarta's Istora Senayan Stadium,

Published 29 Jan, 2018 12:00am

Islamia College awards gold medal, cash prize to top TT player

Vice Chancellor, Islamia College University Professor Dr Habib Sunday honoured Pakistan No. 1 International Table Tennis player Fahad Khawjah Chitrali for winning triple crowns in the recently held National Master Cup Table Tennis Championship besides win

Published 29 Jan, 2018 12:00am

China's emerging star Li beats McIlroy to Dubai title

China's Li Haotong displayed nerves of steel to beat Rory McIlroy in a head-to-head battle and win the $3 million Dubai Desert Classic on Sunday. In an intense battle played out between the two players in the final group, Li managed to protect his one-sho

Published 29 Jan, 2018 12:00am

Tearful Federer wins Australian Open for 20th Slam title

A tearful Roger Federer surged home to beat Marin Cilic in five riveting sets and win his sixth Australian Open and 20th Grand Slam title in Melbourne on Sunday. The Swiss defending champion dropped his only sets of the tournament before completing a 6-2,

Published 29 Jan, 2018 12:00am

Batshuayi brace puts Chelsea into FA Cup fifth round

Michy Batshuayi scored twice as Chelsea beat Premier League rivals Newcastle 3-0 to advance into the fifth round of the FA Cup at Stamford Bridge on Sunday. Batshuayi's goals in the 31st and 44th minutes and a Marcos Alonso free-kick 18 minutes from time

Published 29 Jan, 2018 12:00am

Bangladesh's captain fined for yelling at opponent

Bangladesh captain Mashrafe Mortaza was fined 20 per cent of his match fees on Sunday for aggressive behaviour during his team's loss in the tri-nation one-day international tournament final against Sri Lanka. Match referee David Boon fined Mashrafe after

Published 29 Jan, 2018 12:00am

Unadkat joins Stokes team in $1.8 millions IPL deal

Rising pace bowler Jaydev Unadkat joined Ben Stokes in the Rajasthan Royals for $1.8 million on Sunday but a host of foreign stars went unsold in the Indian Premier League auction. The Royals made Unadkat the second most expensive player in the auction be

Published 29 Jan, 2018 12:00am

England beat Australia in final ODI

England finished their testing tour of Australia on a high Sunday with a thrilling 12-run win in the fifth and final one-day international in Perth. In the first match at the new Perth Stadium, the tourists set Australia 260 to win in front of a record We

Published 29 Jan, 2018 12:00am

'Special' time as Pakistan go top of the Twenty20 world

Pakistan laid claim to being the best Twenty20 side in the world Sunday after beating New Zealand in the series-deciding final Twenty20 match in Mount Maunganui. The 18-run victory gave Pakistan a come-from-behind 2-1 series win that will see them overtak

Published 29 Jan, 2018 12:00am

'Special' time as Pakistan go top of the Twenty20 world

Pakistan laid claim to being the best Twenty20 side in the world Sunday after beating New Zealand in the series-deciding final Twenty20 match in Mount Maunganui. The 18-run victory gave Pakistan a come-from-behind 2-1 series win that will see them overtak

Published 29 Jan, 2018 12:00am

North Iran gets massive snow dump

After months of waiting for the snow to arrive, Tehranis were hit by massive snowfall overnight on Sunday that shut airports and schools but delighted the ski community. The capital's Imam Khomeini International and Mehrabad airports were shut due to poor

Published 29 Jan, 2018 12:00am

Danish lawmakers agree to hike military spending, citing Russia threat

Danish lawmakers on Sunday agreed to allocate an additional 12.8 billion crowns ($2.14 billion) to military spending over the next six years, citing Russia as one of the major threats to its security. Under the agreement, proposed in October last year, NA

Published 29 Jan, 2018 12:00am

US senator fires top aide over 'improper relations' with staff

A prominent US senator on Saturday fired his chief of staff for improper relations with subordinates, as US lawmakers increasingly grapple with the issue of sexual harassment. Republican Senator Marco Rubio said he received by Saturday "sufficient evidenc

Published 29 Jan, 2018 12:00am

African Union summit opens: 'time has come' for South Sudan sanctions, says AU chief

African Union chief Moussa Faki said Sunday that "the time has come" to slap sanctions on those blocking peace in South Sudan, one of the most intractable wars facing African leaders as they meet in Ethiopia. At the opening of the 30th annual African Unio

Published 29 Jan, 2018 12:00am

Trump says US 'deeply respects' Africa in letter to AU

President Donald Trump said the United States "deeply respects" Africans and will dispatch its top diplomat to the continent, in a letter to African leaders seen by AFP on Sunday. The letter sent last week comes after Trump provoked a firestorm of indigna

Published 29 Jan, 2018 12:00am

Jordan gets more US Black Hawks to bolster defences

The United States delivered another two Black Hawk helicopters to key Arab ally Jordan on Sunday to help protect the kingdom's borders and counter the threat from jihadists. The helicopters were handed over at the King Abdullah II Air Base in northeast Jo

Published 29 Jan, 2018 12:00am

Ancient Syria temple damaged

Syria's antiquities department and a war monitor on Sunday said a 3,000-year-old temple has been damaged in Turkish air strikes on a Kurdish militia in the country's north. The iron age neo-Hittite temple of Ain Dara dates back to the Aramean era, from ar

Published 29 Jan, 2018 12:00am

Turkey intensifies Syria campaign against Kurdish militia

Turkey on Sunday seized a strategic outpost from Kurdish militia in Syria, pressing ahead with a campaign that has strained relations with the United States. After several days of poor visibility because of heavy rain and fog, Turkish warplanes and artill

Published 29 Jan, 2018 12:00am

Cartoonist Mort Walker dies

Cartoonist Mort Walker, whose lovable Beetle Bailey character survived decades of military life at dysfunctional Camp Swampy without ever doing any real work, has died, news media reported. Walker was 94 and died Saturday at his home in Stamford, Connecti

Published 29 Jan, 2018 12:00am

Stressed-out Dhaka to get 'Anger Management Park'

Bangladesh started work Sunday on an "anger management park" in the capital Dhaka which the mayor said would help the 15 million inhabitants cope with rising daily stress. Traffic jams which keep commuters imprisoned in their cars for up to five hours a d

Published 29 Jan, 2018 12:00am

Argentina 'will not recognise Venezuela election': Macri

Argentina will not recognise the results of upcoming elections in Venezuela, President Mauricio Macri has told AFP, accusing strongman Venezuelan leader Nicolas Maduro of running a "dictatorship". Venezuela's top court last week excluded the main oppositi

Published 29 Jan, 2018 12:00am

Israel and Poland clash over proposed Holocaust law

Israel's prime minister and Holocaust survivors on Sunday bridled at a draft Polish law that would make it illegal to suggest Poland bore any responsibility for Nazi atrocities committed on its soil. The Israeli foreign ministry summoned Poland's charge d

Published 29 Jan, 2018 12:00am

China declares intention to improve ties with Japan

China hopes to work with Japan to establish more cordial relations, Chinese Foreign Minister Wang Yi told his Japanese counterpart on Sunday, aiming to move on from a series of disputes, some dating back to before World War Two. China and Japan have sparr

Published 29 Jan, 2018 12:00am

International speech contest held

Toastmasters Club, a non-profit public speaking club, organized 'Int Speech Contest-2018' at a local hotel on January 10. The contest was won by TM Zaid Kaliya. First and Second runners-up were TM Rashid Dastgir and TM Pervez, respectively. Karachi Toastm

Published 29 Jan, 2018 12:00am

BMP for streamlining FTA between Pakistan, Turkey

Pakistan with the potential to enhance its exports to Turkey up to $5billion needs to focus on streamlining free trade agreement (FTA) between the two countries, said the chairman of Businessmen Panel (BMP), Mian Anjum Nisar. Anjum said that Pakistan havi

Published 29 Jan, 2018 12:00am

Rao Anwar case: airport entry passes of 13 cops blocked

Home department Sindh and Police have sought assistance from the other provinces to capture Rao Anwar. Government of Sindh has confirmed writing letters to the IGPs of the other three provinces and Railways asking for assistance in capturing Rao Anwar. Ac

Published 29 Jan, 2018 12:00am

Over 2,000 suspected Baloch separatists surrender in two years

The renewed policy of Islamabad for Balochistan is bearing fruits as more than 2,000 suspected separatists have surrendered to security forces in last two years. In addition, around 300 handed themselves recently under a general amnesty which promises mon

Published 29 Jan, 2018 12:00am

LBSA lodges 143 FIRs against breeding service providers

The Livestock Breeding Service Authority (LBSA) lodged 143 FIRs against breeding service providers against violation of the breeding act. According to official sources, additional directors and deputy directors had been given authorities to check working

Published 29 Jan, 2018 12:00am

'Cities of tomorrow emerging in Pakistan'

The automation of utility services in towns, such as house security, traffic and transportation management, health management, power plants, water supply networks, waste management, law enforcement, information systems, schools, libraries, hospitals, and

Published 29 Jan, 2018 12:00am

'Being multi-lingual is an important part of my entrepreneurial success': Interview with Mirza Asif Baig, CEO Saffran Group

BR Research recently sat down with Mirza Asif Baig, CEO of Saffran Group, which is a prominent exporter of automobiles from Japan. The group also has presence in the health & beauty segment as well as providing IT solutions to international clients from P

Published 29 Jan, 2018 12:00am

'Being multi-lingual is an important part of my entrepreneurial success': Interview with Mirza Asif Baig, CEO Saffran Group

BR Research recently sat down with Mirza Asif Baig, CEO of Saffran Group, which is a prominent exporter of automobiles from Japan. The group also has presence in the health & beauty segment as well as providing IT solutions to international clients from P

Published 29 Jan, 2018 12:00am

JUI-F's Majlis-e-Shoora to meet on February 23

Central Ameer JUI-F, Maulana Fazalur Rehman has convened a meeting of the Central Majlis-e-Shora of the party on February 23 and General Council meeting on February 24 and 25, 2018 at Party Headquarters at Jamia Madina, Lahore. The Central Secretary Gener

Published 29 Jan, 2018 12:00am

Three civilians martyred in IHK

Pakistan on Sunday strongly condemned the brutal and indiscriminate use of force by Indian forces that resulted in the martyrdom of three innocent civilians and injuries for several others in the Ganowpora village of Shopian district in Indian Occupied Ka

Published 29 Jan, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 27	157.88
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.25
Euro to USD / Dec 27	1.04

Stock	Volume
S&P 500 / Dec 26	6,037.59
Nasdaq / Dec 26	20,020.36
Dow Jones / Dec 26	43,325.80
India Sensex / Dec 27	78,791.05
Tokyo Nikkei / Dec 27	40,281.16
Hang Seng / Dec 27	20,096.01
FTSE 100 / Dec 27	8,137.45
Germany DAX 30 / Dec 27	19,830.60

Item	Value
Gold 10 Grams PKR / Dec 26	234,911.70
Petrol/Litre / Dec 27	252.10
Crude Oil USD/Barrel / Dec 27	69.54
Karachi Cotton PKR/37.32 KG / Dec 27	17,785
Gold Spot USD/Ounce / Dec 27	2,634.16
Diesel/Litre / Dec 27	255.38

Stock	Price
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Trust Sec.& Brok. / Dec 27 Trust Securities & Brokerage Limited(TSBL)	12.71 ▲ 1.16 (10.04%)
Image Pakistan / Dec 27 Image Pakistan Limited(IMAGE)	20.31 ▲ 1.85 (10.02%)
Baba Farid Sugar / Dec 27 Baba Farid Sugar Mills Limited(BAFS)	53.08 ▲ 4.83 (10.01%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)
Blessed Tex. / Dec 27 Blessed Textiles Limited(BTL)	321.78 ▲ 29.25 (10.00%)
Liven Pharma / Dec 27 Liven Pharma Limited(LIVEN)	124.41 ▲ 11.31 (10.00%)
Oilboy Energy / Dec 27 Oilboy Energy Limited(OBOY)	11 ▲ 1.00 (10.00%)

Stock	Price
Faran Sugar (R) / Dec 27 Faran Sugar Mills Limited (R)(FRSMR)	7.06 ▼ -0.99 (-12.30%)
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Olympia Mills / Dec 27 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.80 ▼ -4.54 (-9.80%)
Hafiz Ltd. / Dec 27 Hafiz Limited(HAFL)	255 ▼ -26.68 (-9.47%)
Pak Leather / Dec 27 Pak Leather Crafts Limited(PAKL)	31.60 ▼ -3.23 (-9.27%)
Sana Ind / Dec 27 Sana Industries Limited(SNAI)	28.20 ▼ -2.75 (-8.89%)
Pak Datacom / Dec 27 Pak Datacom Limited(PAKD)	136 ▼ -13.04 (-8.75%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	93,341,113 ▲ 1.46
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	49,879,145 ▲ 0.03
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 1.45
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.09
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	28,438,285 ▲ 0.31
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	25,975,338 ▲ 0.39
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	25,331,944 ▲ 0.96
K-Electric Ltd. / Dec 27 K-Electric Limited(KEL)	22,753,854 ▲ 0.02
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	19,873,787 ▼ -0.06

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