AIRLINK 136.59 Increased By ▲ 9.32 (7.32%)
BOP 9.12 Increased By ▲ 0.44 (5.07%)
CNERGY 6.42 Increased By ▲ 0.70 (12.24%)
CPHL 64.66 Decreased By ▼ -2.44 (-3.64%)
FCCL 41.55 Increased By ▲ 1.69 (4.24%)
FFL 13.04 Increased By ▲ 0.83 (6.8%)
FLYNG 33.77 Increased By ▲ 2.37 (7.55%)
HUBC 125.77 Increased By ▲ 6.77 (5.69%)
HUMNL 11.40 Decreased By ▼ -0.04 (-0.35%)
KEL 4.01 Increased By ▲ 0.09 (2.3%)
KOSM 3.99 Increased By ▲ 0.05 (1.27%)
MLCF 63.32 Increased By ▲ 2.45 (4.02%)
OGDC 184.55 Increased By ▲ 5.16 (2.88%)
PACE 4.42 Increased By ▲ 0.43 (10.78%)
PAEL 40.22 Increased By ▲ 3.21 (8.67%)
PIAHCLA 12.23 Decreased By ▼ -1.35 (-9.94%)
PIBTL 7.62 Increased By ▲ 0.52 (7.32%)
POWER 13.87 Increased By ▲ 0.46 (3.43%)
PPL 138.86 Increased By ▲ 6.95 (5.27%)
PRL 24.56 Increased By ▲ 0.30 (1.24%)
PTC 17.54 Increased By ▲ 0.11 (0.63%)
SEARL 68.24 Increased By ▲ 1.59 (2.39%)
SSGC 27.69 Decreased By ▼ -1.53 (-5.24%)
SYM 12.68 Increased By ▲ 0.51 (4.19%)
TELE 5.94 Increased By ▲ 0.34 (6.07%)
TPLP 7.00 Increased By ▲ 0.25 (3.7%)
TRG 56.27 Increased By ▲ 3.14 (5.91%)
WAVESAPP 7.94 Increased By ▲ 0.20 (2.58%)
WTL 1.16 Increased By ▲ 0.06 (5.45%)
YOUW 3.21 Increased By ▲ 0.12 (3.88%)
AIRLINK 136.59 Increased By ▲ 9.32 (7.32%)
BOP 9.12 Increased By ▲ 0.44 (5.07%)
CNERGY 6.42 Increased By ▲ 0.70 (12.24%)
CPHL 64.66 Decreased By ▼ -2.44 (-3.64%)
FCCL 41.55 Increased By ▲ 1.69 (4.24%)
FFL 13.04 Increased By ▲ 0.83 (6.8%)
FLYNG 33.77 Increased By ▲ 2.37 (7.55%)
HUBC 125.77 Increased By ▲ 6.77 (5.69%)
HUMNL 11.40 Decreased By ▼ -0.04 (-0.35%)
KEL 4.01 Increased By ▲ 0.09 (2.3%)
KOSM 3.99 Increased By ▲ 0.05 (1.27%)
MLCF 63.32 Increased By ▲ 2.45 (4.02%)
OGDC 184.55 Increased By ▲ 5.16 (2.88%)
PACE 4.42 Increased By ▲ 0.43 (10.78%)
PAEL 40.22 Increased By ▲ 3.21 (8.67%)
PIAHCLA 12.23 Decreased By ▼ -1.35 (-9.94%)
PIBTL 7.62 Increased By ▲ 0.52 (7.32%)
POWER 13.87 Increased By ▲ 0.46 (3.43%)
PPL 138.86 Increased By ▲ 6.95 (5.27%)
PRL 24.56 Increased By ▲ 0.30 (1.24%)
PTC 17.54 Increased By ▲ 0.11 (0.63%)
SEARL 68.24 Increased By ▲ 1.59 (2.39%)
SSGC 27.69 Decreased By ▼ -1.53 (-5.24%)
SYM 12.68 Increased By ▲ 0.51 (4.19%)
TELE 5.94 Increased By ▲ 0.34 (6.07%)
TPLP 7.00 Increased By ▲ 0.25 (3.7%)
TRG 56.27 Increased By ▲ 3.14 (5.91%)
WAVESAPP 7.94 Increased By ▲ 0.20 (2.58%)
WTL 1.16 Increased By ▲ 0.06 (5.45%)
YOUW 3.21 Increased By ▲ 0.12 (3.88%)
BR100 11,241 Increased By 384.8 (3.54%)
BR30 32,134 Increased By 1400.2 (4.56%)
KSE100 107,175 Increased By 3647.8 (3.52%)
KSE30 32,648 Increased By 1170 (3.72%)
May 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-02-09
Abid Boxer arrested in Dubai

Abid Boxer arrested in Dubai

Police officers have arrested most wanted criminal and ex-police inspector Abid Boxer in Dubai with the help of Interpol. Gaining notoriety as an encounter specialist, Abid Boxer wielded considerable influence among political and showbiz circles due to hi
Published 09 Feb, 2018 12:00am
The Weather

The Weather

The weather report on Thursday (February 08, 2018) and the forecast for Friday (February 09, 2018).

Published 09 Feb, 2018 12:00am
Hours from deadline, US Senate to vote to avert shutdown

Hours from deadline, US Senate to vote to avert shutdown

The US Senate cleared the way for crunch votes Thursday on a bipartisan deal to avert a looming government shutdown and raise federal spending limits for the next two years. Senators are expected to take up and pass the breakthrough bill later Thursday, t
Published 09 Feb, 2018 12:00am
Fake degree, extortion scam PBA seeks to become party to SC proceedings

Fake degree, extortion scam PBA seeks to become party to SC proceedings

Pakistan Broadcasters Association (PBA) has welcomed the suo motu action taken by Chief Justice of Pakistan in the Axact fake degree and extortion scam. In a press release, PBA said that it has also filed an application in the Supreme Court to become a pa
Published 09 Feb, 2018 12:00am
Fake degree, extortion scam PBA seeks to become party to SC proceedings

Fake degree, extortion scam PBA seeks to become party to SC proceedings

Pakistan Broadcasters Association (PBA) has welcomed the suo motu action taken by Chief Justice of Pakistan in the Axact fake degree and extortion scam. In a press release, PBA said that it has also filed an application in the Supreme Court to become a pa
Published 09 Feb, 2018 12:00am
Forex reserves down $172 million
Exchange

Forex reserves down $172 million

The country's liquid foreign exchange reserves maintained downward journey falling by $172 million in a week due to external debt payment. According to State Bank of Pakistan's weekly foreign exchange reserves report issued Thursday, the country's total l
Published 09 Feb, 2018 12:00am
Forex reserves down $172 million
Exchange

Forex reserves down $172 million

The country's liquid foreign exchange reserves maintained downward journey falling by $172 million in a week due to external debt payment. According to State Bank of Pakistan's weekly foreign exchange reserves report issued Thursday, the country's total l
Published 09 Feb, 2018 12:00am
Forex reserves down $172 million
Exchange

Forex reserves down $172 million

The country''s liquid foreign exchange reserves maintained downward journey falling by $172 million in a week due to external debt payment. According to State Bank of Pakistan''s weekly foreign exchange reserves report issued Thursday, the country''s tota
Published 09 Feb, 2018 12:00am
Syria says US-led strikes on Deir Ezzor a 'war crime'

Syria says US-led strikes on Deir Ezzor a 'war crime'

The Syrian government on Thursday blasted deadly US-led coalition air strikes on pro-regime forces in the country's east as a "war crime". The US-led coalition said it carried out air strikes against pro-government fighters to defend its allies in the eas
Published 09 Feb, 2018 12:00am
Syria says US-led strikes on Deir Ezzor a 'war crime'

Syria says US-led strikes on Deir Ezzor a 'war crime'

The Syrian government on Thursday blasted deadly US-led coalition air strikes on pro-regime forces in the country's east as a "war crime". The US-led coalition said it carried out air strikes against pro-government fighters to defend its allies in the eas
Published 09 Feb, 2018 12:00am
China 'worried' over US trade relations as surplus narrows
Cotton

China 'worried' over US trade relations as surplus narrows

China expressed concern on Thursday over the US ramping up trade investigations as official data showed its surplus with America narrowed in January after reaching record levels last year. This week China announced an investigation into imports of a US ag
Published 09 Feb, 2018 12:00am
China 'worried' over US trade relations as surplus narrows
Cotton

China 'worried' over US trade relations as surplus narrows

China expressed concern on Thursday over the US ramping up trade investigations as official data showed its surplus with America narrowed in January after reaching record levels last year. This week China announced an investigation into imports of a US ag
Published 09 Feb, 2018 12:00am
China ''worried'' over US trade relations as surplus narrows
Cotton

China ''worried'' over US trade relations as surplus narrows

China expressed concern on Thursday over the US ramping up trade investigations as official data showed its surplus with America narrowed in January after reaching record levels last year. This week China announced an investigation into imports of a US ag
Published 09 Feb, 2018 12:00am
Iran warns Samsung over Olympic smartphone snub

Iran warns Samsung over Olympic smartphone snub

Iran warned South Korea's electronics giant Samsung of "repercussions" on Thursday after its delegation to the Winter Olympics was excluded from a handout of free top-of-the-range smartphones to participants. South Korea's ambassador, Kim Seung-Ho, was su
Published 09 Feb, 2018 12:00am
Iran warns Samsung over Olympic smartphone snub

Iran warns Samsung over Olympic smartphone snub

Iran warned South Korea's electronics giant Samsung of "repercussions" on Thursday after its delegation to the Winter Olympics was excluded from a handout of free top-of-the-range smartphones to participants. South Korea's ambassador, Kim Seung-Ho, was su
Published 09 Feb, 2018 12:00am
US slaps more sanctions on militants

US slaps more sanctions on militants

The Trump administration imposed sanctions Wednesday on three individuals linked to Pakistan-based militant networks as it pushes Islamabad to crack down on perpetrators of attacks on Afghanistan. The Treasury Department designated the men as "global terr
Published 09 Feb, 2018 12:00am
US slaps more sanctions on militants

US slaps more sanctions on militants

The Trump administration imposed sanctions Wednesday on three individuals linked to Pakistan-based militant networks as it pushes Islamabad to crack down on perpetrators of attacks on Afghanistan. The Treasury Department designated the men as "global terr
Published 09 Feb, 2018 12:00am
Mobin reappointed Nadra chief

Mobin reappointed Nadra chief

Usman Mobin has once again been appointed as chairman National Database and Registration Authority (Nadra). According to a notification, the government has reappointed Usman Mobin as the Nadra chairman on existing terms and conditions for three years in t
Published 09 Feb, 2018 12:00am
Mobin reappointed Nadra chief

Mobin reappointed Nadra chief

Usman Mobin has once again been appointed as chairman National Database and Registration Authority (Nadra). According to a notification, the government has reappointed Usman Mobin as the Nadra chairman on existing terms and conditions for three years in t
Published 09 Feb, 2018 12:00am
Backtracking on Eurobond issue
Exchange

Backtracking on Eurobond issue

A Business Recorder exclusive, sourced to Miftah Ismail, the Advisor to the Prime Minister for Finance, Revenue and Economic Affairs, on Wednesday said the Ministry of Finance withdrew the summary of issuance of 1 billion dollar Eurobonds for cabin
Published 09 Feb, 2018 12:00am
A dysfunctional justice system

A dysfunctional justice system

The federal cabinet, in a meeting chaired by Prime Minister Shahid Khaqan Abbasi, has approved the promulgation of the Costs of Litigation Act 2017 to ensure dispensation of inexpensive justice to litigants. The Act will come into force on March 1, 2018.
Published 09 Feb, 2018 12:00am
Suo motu on foreign assets
Exchange

Suo motu on foreign assets

"It has been common knowledge for years that a large number of Pakistani citizens, who are residents of Pakistan and are maintaining accounts in foreign countries without disclosing the same to the authorities competent under the laws of Pakistan or payin
Published 09 Feb, 2018 12:00am
Air Marshal Asghar Khan: Larger than life

Air Marshal Asghar Khan: Larger than life

Counted among the handful of larger than life personalities in Pakistan, the late Air Marshal Asghar Khan reached a pinnacle of success in both his life and in his profession that very few manage to attain and maintain in many lifetimes with respect and d
Published 09 Feb, 2018 12:00am
The multi-faceted Aga Khan III

The multi-faceted Aga Khan III

In December 2017, the Golden Jubilee of Prince Aga Khan's ascension to the Aga Khani Imammat was officially celebrated throughout Pakistan and in East Africa and other places where his followers live. Prince Karim was officially welcomed by Prime Minister
Published 09 Feb, 2018 12:00am
The CPEC opportunity for India

The CPEC opportunity for India

It is heartening to note that Pakistan has made a conditional offer to India to join China Pakistan Economic Corridor (CPEC). According to a Business Recorder news item, Pakistan has made a conditional offer to India that it can be connected with C
Published 09 Feb, 2018 12:00am
Public, goods transport: FBR may review RD on import of tyres

Public, goods transport: FBR may review RD on import of tyres

The Federal Board of Revenue may review regulatory duty (RD) to provide relief on the import of tyres, especially for the vehicles engaged in public transport and goods transport, following concerns of tyre importers.
Published 09 Feb, 2018 12:00am
Senate elections: PTI to challenge Dar's nomination papers

Senate elections: PTI to challenge Dar's nomination papers

Pakistan Tehreek-e-Insaf (PTI) on Thursday decided to challenge Ishaq Dar's nomination papers, as he is going to contest upcoming Senate elections to be held in March on PML-N ticket despite facing graft cases. PTI Spokesman Fawad Chaudhry said that the p
Published 09 Feb, 2018 12:00am
Senate elections: rift holds MQM-P back from finalising candidates

Senate elections: rift holds MQM-P back from finalising candidates

Deadlock persists as Muttahida Qaumi Movement-Pakistan (MQM-P) has failed to unanimously agree on candidates for the March 3 Senate elections. After three days controversy over nomination of candidates, Sattar finally announced the candidates for Senate.
Published 09 Feb, 2018 12:00am
PM apprised of Sindh cane growers' problems

PM apprised of Sindh cane growers' problems

Minister of State for National Food Security Syed Ayaz Ali Shah Sherazi called on Prime Minister Shahid Khaqan Abbasi in Islamabad on Thursday. He apprised the prime minister of problems being faced by cane growers of Sindh in selling their crop and payme
Published 09 Feb, 2018 12:00am
Namaz-e-Istisqa offered at IIUI

Namaz-e-Istisqa offered at IIUI

In the wake of ongoing dry spell, prayer for seeking rain (Namaz-e-Istisqa) was offered at International Islamic University Islamabad (IIUI) here on Thursday. Namaz-e-Istisqa was led by the Professor Dr Ahmed Yousif Al Draiweesh, President IIUI at the new
Published 09 Feb, 2018 12:00am
PTI to cut gas, power tariffs if voted to power: Imran
Currency

PTI to cut gas, power tariffs if voted to power: Imran

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan said on Thursday that after coming into power they will reduce the prices of gas and electricity for industry. He further said that they would also remove Gas Infrastructure Development Cess (GIDC) and en
Published 09 Feb, 2018 12:00am
Parliamentary body briefed about security situation

Parliamentary body briefed about security situation

Senior civil and military officials on Thursday briefed the Parliamentary Committee on National Security on the overall security situation as well as the internal and external challenges to the country's security.
Published 09 Feb, 2018 12:00am
Corruption in politics harmful for country: JI leader

Corruption in politics harmful for country: JI leader

Deputy Chief of Jamaat-e-Islami, Hafiz Muhammad Idrees, has said that the secularism education system, irresponsible and totally free media and the ruling elite were mainly responsible for the spread of evils and the moral crimes to such an extent.
Published 09 Feb, 2018 12:00am
PPP rejects move to lay-off employees of Steel Mills

PPP rejects move to lay-off employees of Steel Mills

It is reported that the latest board's meeting of Pakistan Steel Mills has done the ground work to lay off thousands of employees. The PPP rejects all moves towards lay offs and the shutting down of the Steel Mills, says a press release. In a statement is
Published 09 Feb, 2018 12:00am
Budget proposals to focus on broadening tax base

Budget proposals to focus on broadening tax base

The budget proposals for sales tax and federal excise of Federal Board of Revenue (FBR) would focus on broadening the tax base and increasing the revenue collection through new measures for 2018-19. Sources told Business Recorder here on Thursday t
Published 09 Feb, 2018 12:00am
Budget proposals to focus on broadening tax base

Budget proposals to focus on broadening tax base

The budget proposals for sales tax and federal excise of Federal Board of Revenue (FBR) would focus on broadening the tax base and increasing the revenue collection through new measures for 2018-19. Sources told Business Recorder here on Thursday t
Published 09 Feb, 2018 12:00am
Saudi Arabia executes four Pakistanis

Saudi Arabia executes four Pakistanis

Saudi Arabia on Thursday executed four Pakistani men convicted of raping and murdering a woman and raping her teenage son, the interior ministry said. The men were also convicted of stealing jewellery and cash after entering the woman's home in Riyadh and
Published 09 Feb, 2018 12:00am
Wheat farmers saved by timely weather forecast

Wheat farmers saved by timely weather forecast

In early November last year, Muhammad Islam was surprised by news from the Pakistan Meteorological Department. The 40-year-old farmer learned that good rains were forecast for the crucial wheat growing months of November and December. That was important i
Published 09 Feb, 2018 12:00am
Speakers call for setting up entrepreneur centres at universities

Speakers call for setting up entrepreneur centres at universities

Speakers in the conclusion ceremony of 2-day international moot on "Business, Economics and Information Technology" organized by Mohtarma Benazir Bhutto Shaheed Campus, Dadu, University of Sindh have advocated that every university in Pakistan should esta
Published 09 Feb, 2018 12:00am
Shoaib Siddiqui visits NUST

Shoaib Siddiqui visits NUST

Federal Secretary Planning, Development & Reform Shoaib Ahmad Siddiqui visited the main campus of National University of Sciences and Technology (NUST) here on Thursday.
Published 09 Feb, 2018 12:00am
PepsiCo, MCR Group extend cooperation for five more years

PepsiCo, MCR Group extend cooperation for five more years

PepsiCo and the MCR Group celebrating their 25 years partnership has announced to extend the cooperation for another five years. The announcement came at an event where senior leadership from both the entities was present. MCR Group is the master franchis
Published 09 Feb, 2018 12:00am
LHC moved against Senate elections

LHC moved against Senate elections

The Lahore High Court has been prayed to stay the Senate elections till disposal of the petition challenging amendments in Election Act 2017 allegedly introduced to protect the corrupt, defaulter and dual nationality-holder politicians.
Published 09 Feb, 2018 12:00am
FAPUASA wants VCs of universities must be PhDs

FAPUASA wants VCs of universities must be PhDs

Federation of All Pakistan Universities Academic Staff Association (FAPUASA) and elected members of other teachers' bodies have announced that they would never compromise over abolition of condition of PhD for appointment of vice chancellors at public sec
Published 09 Feb, 2018 12:00am
KPITB opens first community innovation lab in Mardan

KPITB opens first community innovation lab in Mardan

Khyber Pakhtunkhwa Information Technology Board (KPITB) has launched one of its flagship community engagement projects "Durshal" by formally inaugurating its first community innovation lab in district Mardan. The inauguration ceremony was adorned by the S
Published 09 Feb, 2018 12:00am
'GREAT Debate' competition held in Islamabad

'GREAT Debate' competition held in Islamabad

The British High Commission's annual GREAT Debate competition continued with a semi-final event at the FAST National University in Islamabad. The event brought together debaters from across universities in Islamabad and Rawalpindi. After a competitive rou
Published 09 Feb, 2018 12:00am
Edible oil refinery's commercial operations
Exchange

Edible oil refinery's commercial operations

Unity Foods Limited has announced that the commercial operations of the edible oil refinery successfully commenced on Wednesday (February 07), 2018. According to material information sent to Pakistan Stock Exchange on Thursday, the commercial operations o
Published 09 Feb, 2018 12:00am
Cold, dry weather forecast

Cold, dry weather forecast

The Met Office on Thursday forecast mainly cold and dry with partly cloudy weather in the most parts of the country in the next 24 hours. However, it said that a light rain-thunderstorm with light snow over the hills is expected at few places in Quetta an
Published 09 Feb, 2018 12:00am
DIBP, ZDC accord for branchless banking platform

DIBP, ZDC accord for branchless banking platform

Dubai Islamic Bank Pakistan (DIBP) & Zing Digital Commerce (ZDC) have signed an agreement for deployment of Branchless Banking platform. This agreement will pave the way for Digitization of Banking products to enable the Bank in offering variety of produc
Published 09 Feb, 2018 12:00am
PIA implements Human Resources Management reward

PIA implements Human Resources Management reward

PIA has now implemented a Human Resources Management reward and recognition programme to show appreciation of extraordinary work by employees in providing better services to the airline customers and working extra with high efficiency for the betterment o
Published 09 Feb, 2018 12:00am
Training course held

Training course held

The Sindh Civil Services and Local Government Academy, Tandojam organized three days training course titled Project Planning and Management in Rural Areas, held from 6th to 8th February, 2018 in the campus of the Academy. The main objectives of the course
Published 09 Feb, 2018 12:00am
Rs 30 million released to upgrade Karachi Zoo: Mayor

Rs 30 million released to upgrade Karachi Zoo: Mayor

Mayor Karachi Waseem Akhtar on Thursday said that Karachi Zoo is being developed as per international standards, as the Sindh government has released funds of around Rs 30 million for the very purpose. Talking to media at Karachi Zoo, the mayor said that
Published 09 Feb, 2018 12:00am
PAT of Engro Fertilizers increases to Rs 10.136 billion

PAT of Engro Fertilizers increases to Rs 10.136 billion

The profit after tax (PAT) of Engro Fertilizers Limited has increased to Rs 10.136 billion in the year ended December 31, 2017 as compared to Rs 9.024 billion earned in the same period in 2016. The basic earning per share of the company increased to Rs 7.
Published 09 Feb, 2018 12:00am
PAT of Engro Fertilizers increases to Rs 10.136 billion

PAT of Engro Fertilizers increases to Rs 10.136 billion

The profit after tax (PAT) of Engro Fertilizers Limited has increased to Rs 10.136 billion in the year ended December 31, 2017 as compared to Rs 9.024 billion earned in the same period in 2016. The basic earning per share of the company increased to Rs 7.
Published 09 Feb, 2018 12:00am
Faysal Bank eyes 50 percent of FAML stake
Exchange

Faysal Bank eyes 50 percent of FAML stake

Faysal Bank intends to acquire 50 percent of Faysal Asset Management Limited (an associated company), ie, 7,500,000 shares, from Islamic Investment Company of the Gulf (Bahamas) Limited (IICGB) at the rate of Rs 30.00 per share subject to obtaining of all
Published 09 Feb, 2018 12:00am
FIA launches inquiry against Customs DI&I

FIA launches inquiry against Customs DI&I

Federal Investigation Agency (FIA) has initiated corruption inquiry against Directorate Intelligence and Investigation (DI&I), Customs Lahore. According to sources, FIA Corporate Crime Circle (CCC) has sent a notice under section 94 Cr PC to chief managem
Published 09 Feb, 2018 12:00am
UET Peshawar Syndicate meeting held

UET Peshawar Syndicate meeting held

The 108th meeting of the Syndicate of the University of Engineering and Technology, Peshawar held here under the chair of Vice Chancellor, Engr Professor Dr Iftikhar Hussain. The Syndicate approved the recommendations of various meetings held earlier.
Published 09 Feb, 2018 12:00am
AJK president slams human rights' violations in IHK

AJK president slams human rights' violations in IHK

President Azad Jammu & Kashmir, Sardar Masood Khan has said that keeping the Kashmir dispute alive at international level is a big achievement. He expressed these views during an interactive session on 'Changing Global Scenario and Kashmir Dispute,' organ
Published 09 Feb, 2018 12:00am
Another 200,000 tonnes of wheat sold for export

Another 200,000 tonnes of wheat sold for export

Another 200,000 tonnes of wheat has been sold to overseas buyers in the past week, continuing heavy sales after the country started an export incentive programme, European traders said on Thursday. This brought foreign sales of Pakistani wheat since the e
Published 09 Feb, 2018 12:00am
Budget 2018-2019: SMEDA holds consultative workshop

Budget 2018-2019: SMEDA holds consultative workshop

Small and Medium Enterprises Development Authority (SMEDA) organized a consultative workshop for stakeholders on Federal Budget 2018-19 and Strategic Trade Policy Framework (STPF) 2018-23 here Thursday. On this occasion, the officials of SMEDA briefed the
Published 09 Feb, 2018 12:00am
Bilawal says democracy needed to counter extremism

Bilawal says democracy needed to counter extremism

Chairman PPP Bilawal Bhutto Zardari has said that at a time when violent extremism had become the single largest challenge to the world, genuine democracy alone offered the hope to fight the menace. Moderation vs extremism has become a major fault line in
Published 09 Feb, 2018 12:00am
JI welcomes suo motu notice about elites' wealth stashed abroad

JI welcomes suo motu notice about elites' wealth stashed abroad

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq has welcomed the suo moto notice taken by the Chief Justice of Pakistan in regard to the wealth of the Pakistani elite lying in banks abroad and expressed the hope this historic move would help bring
Published 09 Feb, 2018 12:00am
Iranian Airline to start Mashhad-Islamabad weekly service

Iranian Airline to start Mashhad-Islamabad weekly service

Iran's ATA Airlines will open a weekly route from Mashhad to Islamabad on Saturday with return leg to be operated on the same day. The service is expected to open up a new chapter in widening tourist-flows, particularly in religious travels between Iran a
Published 09 Feb, 2018 12:00am
Pak-China Optical Fibre Cable project to be completed by year-end

Pak-China Optical Fibre Cable project to be completed by year-end

The $44 million Optical Fibre Cable (OFC) project directly connecting Pakistan and China would be completed under the China-Pakistan Economic Corridor (CPEC) by the end of current year and will provide the safest internet route to both countries, claimed
Published 09 Feb, 2018 12:00am
NCSW hails KP government's act of amending Civil Procedures Code 1908

NCSW hails KP government's act of amending Civil Procedures Code 1908

The National Commission on the Status of Women (NCSW) welcomes the amendment in Civil Procedures Code 1908 approved by Khyber Pakhtunkhwa (KP) government to ensue conclusion of trial in civil cases in one year from the institution of suit, says a press re
Published 09 Feb, 2018 12:00am
Libya to repatriate bodies of Pakistani migrants

Libya to repatriate bodies of Pakistani migrants

The bodies of around a dozen Pakistani migrants who drowned while trying to cross the Mediterranean Sea will be sent back to Pakistan, Libyan officials said. The PressTV report cited a hospital official as saying that the bodies of 12 Pakistanis who died
Published 09 Feb, 2018 12:00am
Punjab seeks $1.5 billion funds annually from ADB

Punjab seeks $1.5 billion funds annually from ADB

The Punjab government has sought development funds to the tune of $1.5 billion every year for health, education and other sectors. This was demanded during a meeting of a five-member delegation of the Asian Development Bank (ADB) headed by Country Directo
Published 09 Feb, 2018 12:00am
Health sector: uplift projects being carried out expeditiously: minister

Health sector: uplift projects being carried out expeditiously: minister

Punjab Minister for Specialized Healthcare & Medical Education (SH&ME), Khawaja Salman Rafique has said that completion of health sector's development projects is being carried out on fast track due to which significant improvement has been witnessed in h
Published 09 Feb, 2018 12:00am
PCMA holds workshop on 'Cost reduction through energy efficiency'

PCMA holds workshop on 'Cost reduction through energy efficiency'

Awareness and training on energy conservation and efficiency can make a significant difference in the output and efficiency of the local chemical industry that is presently going through a challenging phase. This was the crux of the speeches delivered at
Published 09 Feb, 2018 12:00am
Commerzbank profits slump on restructuring costs in 2017

Commerzbank profits slump on restructuring costs in 2017

Germany's second-largest lender Commerzbank on Thursday said net profit fell by nearly half last year as it grapples with a costly restructuring. Commerzbank's bottom line slumped by 44 percent to 156 million euros ($192 million) in 2017, as it booked mor
Published 09 Feb, 2018 12:00am
Queues, protests as North Korean orchestra performs

Queues, protests as North Korean orchestra performs

South Korean activists protested Thursday as a North Korean orchestra gave a sold-out performance on the eve of the Pyeongchang Winter Olympics. While concert-goers formed a long queue in Gangneung, which is hosting Olympic events, protesters across the s
Published 09 Feb, 2018 12:00am
CAS rejects appeals of 13 Russians on eve of Olympics

CAS rejects appeals of 13 Russians on eve of Olympics

A group of 13 Russians lost a last-ditch bid to beat their country's doping ban and take part in the Pyeongchang Olympics on Thursday, the day before the opening ceremony. The Court of Arbitration for Sport (CAS), which is also dealing with 47 other Russi
Published 09 Feb, 2018 12:00am
National Day of Iran Men & Women Archery Championship begins
Exchange

National Day of Iran Men & Women Archery Championship begins

The 39th National Day of Islamic Republic of Iran Men and Women Archery Championship got under way here at Qayyum Sports Complex amidst great fun and joys. Consul General of the Consulate General of Islamic Republic of Iran H. E. Muhammad Baqir Begai was
Published 09 Feb, 2018 12:00am
Sri Lanka bounce back as bowlers dominate opening day

Sri Lanka bounce back as bowlers dominate opening day

Sri Lanka hit back with four wickets after being bowled out for 222 as bowlers led by Bangladesh spinner Abdur Razzak dominated day one of the second Test in Dhaka on Thursday. Razzak, making a Test return after four years, and fellow left-arm spinner Tai
Published 09 Feb, 2018 12:00am
PCB issues Notice of Charge to Nasir Jamshaid

PCB issues Notice of Charge to Nasir Jamshaid

The Pakistan Cricket Board (PCB) has issued a Notice of Charge to cricketer, Nasir Jamshaid. The PCB has been charged with multiple violations of Articles 2.1.1, 2.1.2, 2.1.3, 2.1.4 and 2.4.4 of the PCB's Anti-Corruption Code for Participants ("the Code")
Published 09 Feb, 2018 12:00am
Cricketer Azhar Ali becomes father of third baby RECORDER REPORT

Cricketer Azhar Ali becomes father of third baby RECORDER REPORT

Former skipper and batsman Azhar Ali has been blessed with a baby boy in Lahore. Azhar took to Twitter to share a picture of his third son, named Azlan. "Alhamdulillah Allah has blessed us with a baby boy meet new member of our family, Azlan Azhar," he po
Published 09 Feb, 2018 12:00am
DPS Star win Descon Cricket Gala

DPS Star win Descon Cricket Gala

DPS Star defeated Descon Janbaz in the final of Descon Cricket Gala-2018. Eight teams of Descon namely Janoon, Badshah, Sultan, Shahnshah, Star, Shahzaday, Janbaz and Qalandar participated in the event. In the final, Mubashir Iqbal from DPS Star scored 16
Published 09 Feb, 2018 12:00am
De Villiers back into squad against India

De Villiers back into squad against India

AB de Villiers returns to the South African squad for the last three one-day internationals against India, Cricket South Africa announced on Thursday. The star batsman missed the first three matches because of a finger injury suffered in the third Test ag
Published 09 Feb, 2018 12:00am
No evidence of Ashes match-fixing

No evidence of Ashes match-fixing

International cricket chiefs said Thursday they have found no evidence of match-fixing during the third Ashes Test between Australia and England following an investigation into allegations made by a British newspaper. The Sun said two bookmakers, includin
Published 09 Feb, 2018 12:00am
Six arrested in Rumsas doping probe

Six arrested in Rumsas doping probe

The investigation into the death of cyclist Linas Rumsas, son of former professional rider Raimondas Rumsas, led Thursday to arrests at his former Altopack Eppela amateur team, Italian prosecutors said. Police raided several premises in the Tuscan town of
Published 09 Feb, 2018 12:00am
US jobless claims drop to near 45-year low

US jobless claims drop to near 45-year low

The number of Americans filing for unemployment benefits unexpectedly fell last week, dropping to its lowest level in nearly 45 years as the labour market tightened further, bolstering expectations of faster wage growth this year. The second straight week
Published 09 Feb, 2018 12:00am
France pushing Iran business ties despite nuclear deal 'limbo'
Exchange

France pushing Iran business ties despite nuclear deal 'limbo'

France will encourage its firms to do business in Iran despite uncertainty over a landmark 2015 nuclear deal putting the business environment in "limbo", a senior French finance official said on Thursday. Along with other European countries, France has be
Published 09 Feb, 2018 12:00am
Restructuring hits Societe Generale's profits in 2017

Restructuring hits Societe Generale's profits in 2017

Societe Generale said Thursday that profits slumped by more than a quarter last year, as the French bank counts the cost of an ongoing restructuring and digitalisation. The lender said it also took a hit from US President Donald Trump's tax reforms and wa
Published 09 Feb, 2018 12:00am
German trade surplus shrinks for first time in eight years
Currency

German trade surplus shrinks for first time in eight years

Germany's trade surplus shrank for the first time since 2009 last year as imports outpaced exports in Europe's booming top economy, giving Berlin ammunition to ease criticism of its huge trade gap with other countries. The country's trade surplus unexpect
Published 09 Feb, 2018 12:00am
New York Times reports more subscribers, posts fourth quarter loss

New York Times reports more subscribers, posts fourth quarter loss

The New York Times said Thursday it saw accelerating growth in digital subscribers in the fourth quarter, delivering a lift to share prices for the prestigious newspaper group. The Times said it added 157,000 net digital subscriptions in the final three m
Published 09 Feb, 2018 12:00am
British Prime Minister reassures Japanese executives on Brexit

British Prime Minister reassures Japanese executives on Brexit

Prime Minister Theresa May spoke of the "opportunity" of Brexit but acknowledged it would be "no small undertaking" as she met Thursday with Japanese companies investing in Britain. "Of course I recognise that the UK's forthcoming exit from the European U
Published 09 Feb, 2018 12:00am
ME markets flat to lower; cement shares jump again in Saudi bourse

ME markets flat to lower; cement shares jump again in Saudi bourse

Middle Eastern stock markets were flat to lower on Thursday after global markets lost steam and oil prices fell, though the cement sector surged again in Saudi Arabia on hopes for government spending on building projects. Saudi Arabia's index slipped 0.2
Published 09 Feb, 2018 12:00am
Hong Kong stocks steady

Hong Kong stocks steady

Hong Kong stocks regained some composure on Thursday after a brutal sell-off earlier in the week, with the benchmark Hang Seng Index ending the session slightly higher following five consecutive days of losses. The Hang Seng may have found a floor after p
Published 09 Feb, 2018 12:00am
Wall Street wobbles after week's wild start

Wall Street wobbles after week's wild start

US stocks slipped in choppy trading on Wednesday as technology and energy stocks fell, while investors adjusted to a market with greater volatility following wild swings of the past few sessions. The benchmark S&P 500 edged lower after two days of big mov
Published 09 Feb, 2018 12:00am
Thursday's afternoon trade: Wall Street sinks again as bond yields rise

Thursday's afternoon trade: Wall Street sinks again as bond yields rise

The Dow Jones Industrial Average sank another 500 points on Thursday as a renewed rise in US bond yields and fears of higher inflation unnerve investors still piecing over a historic drop earlier this week. The 10-year US Treasury yield rose to a high of
Published 09 Feb, 2018 12:00am
Tokyo stocks rise

Tokyo stocks rise

Tokyo stocks closed higher on Thursday supported by bargain-hunters after the two previous days saw wild price swings. The benchmark Nikkei index ended up 1.13 percent, or 245.49 points, at 21,890.96, while the broader Topix index closed 0.90 percent, or
Published 09 Feb, 2018 12:00am
Sterling near three-week lows
Currency

Sterling near three-week lows

Sterling edged down towards three-week lows on Thursday on the view that the Bank of England may soften the tone of its previously confident outlook on the economy after some tepid survey results this week and a selloff in global markets.
Published 09 Feb, 2018 12:00am
Previous Day
⇧