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May 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-02-15
Indian shares lower

Indian shares lower

Indian shares ended lower on Wednesday, pulled down by state-run lenders such as State Bank of India which fell after the central bank recently unveiled tough rules for loan restructuring. The benchmark BSE index closed down 0.42 percent at 34,155.95. The
Published 15 Feb, 2018 12:00am
Treasuries yields slip

Treasuries yields slip

US long-dated Treasury yields slipped on Tuesday in quiet, rangebound trading, as investors looked to Wednesday's US inflation report that could shed more light on the pace of future interest rate increases by the Federal Reserve. Economists expect a 0.3
Published 15 Feb, 2018 12:00am
Treasuries yields slip

Treasuries yields slip

US long-dated Treasury yields slipped on Tuesday in quiet, rangebound trading, as investors looked to Wednesday's US inflation report that could shed more light on the pace of future interest rate increases by the Federal Reserve. Economists expect a 0.3
Published 15 Feb, 2018 12:00am
Hong Kong shares rebound

Hong Kong shares rebound

Hong Kong stocks rebounded sharply on Wednesday, with the benchmark Hang Seng Index posting its biggest one-day percentage rise since May 2016. The market will close on Thursday afternoon for the Lunar New Year holiday, and will resume trading on February
Published 15 Feb, 2018 12:00am
Wall Street advances; investors lock on inflation data
Exchange

Wall Street advances; investors lock on inflation data

Wall Street climbed on Tuesday for a third straight session, buoyed by Amazon.com and Apple, while investors focused on inflation data on Wednesday that could upset the market's fragile recovery - or clear the way for additional gains. Amazon.com rose 2 p
Published 15 Feb, 2018 12:00am
Tokyo stocks hit fresh four-month low

Tokyo stocks hit fresh four-month low

Tokyo stocks closed at a fresh four-month low on Wednesday, with a strong yen hitting exporters and erasing early gains. The benchmark Nikkei 225 index lost 0.43 percent, or 90.51 points, to 21,154.17, while the broader Topix index was down 0.82 percent,
Published 15 Feb, 2018 12:00am
Australian shares lower

Australian shares lower

Australian shares fell 0.3 percent on Wednesday as trepidation ahead of key US inflation data and losses in Commonwealth Bank of Australia, which traded ex-dividend, eclipsed gains in healthcare and industrial stocks. The S&P/ASX 200 index fell 0.3 percen
Published 15 Feb, 2018 12:00am
Qatar, Kuwait outperform in mixed ME region
Exchange

Qatar, Kuwait outperform in mixed ME region

Qatar's stock market rose on Wednesday as local institutional investors chased shares left behind in the bourse's latest rally, while rises in second-tier speculative stocks boosted Kuwait. The Qatari index climbed 0.8 percent as real estate firm Ezdan Ho
Published 15 Feb, 2018 12:00am
Kiwi jumps

Kiwi jumps

The New Zealand dollar hopped to a one-week high on Wednesday after a central bank survey showed the country's inflation expectations had rebounded, pulling the Australian dollar along. The kiwi dollar was up 0.7 percent at $0.7324, the highest since Febr
Published 15 Feb, 2018 12:00am
Sterling slips
Currency

Sterling slips

Sterling slipped towards $1.38 on Wednesday as the dollar strengthened after data showed US consumer prices rose more than expected in January, strengthening bets the Federal Reserve would need to raise interest rates faster.
Published 15 Feb, 2018 12:00am
Sri Lankan rupee hits fresh record low
Currency

Sri Lankan rupee hits fresh record low

The Sri Lankan rupee hit a record low on Wednesday as panicked importers bought US dollars following the defeat of the two ruling coalition parties in a local election, but late selling in the greenback by exporters capped the fall.
Published 15 Feb, 2018 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 82.92-82.92 (Previous 82.90-82.90).
Published 15 Feb, 2018 12:00am
Most Asian currencies toughen
Currency

Most Asian currencies toughen

Most Asian currencies strengthened on Wednesday as the dollar fell ahead of US inflation data that could raise or lower expectations of faster rate hikes globally. The greenback fell 0.3 percent against a basket of currencies with investors on edge ahead
Published 15 Feb, 2018 12:00am
Yen hits five-month high in New York
Exchange

Yen hits five-month high in New York

The Japanese yen rose to a five-month high on Tuesday on the back of broad-based selling of the dollar and speculation the Bank of Japan could be close to dialing back record levels of monetary stimulus. The yen has gained 1.5 percent against the dollar t
Published 15 Feb, 2018 12:00am
Early trade in NY: dollar rises against basket of currencies
Currency

Early trade in NY: dollar rises against basket of currencies

The US dollar rose against a basket of major world currencies after a stronger-than-expected report of US consumer prices raised expectations that price pressures will accelerate this year and may prompt a faster pace of interest rate increases from the F
Published 15 Feb, 2018 12:00am
Partly Facetious: Khan needs a spiritualist

Partly Facetious: Khan needs a spiritualist

"There is no way, so says the Khan that the Man Who Shall Remain Nameless will be a member of the caretaker government who are selected by the two largest parties in any assembly, provincial or national, to take care of government till the next elections
Published 15 Feb, 2018 12:00am
Balochistan struggles to get share in federal service

Balochistan struggles to get share in federal service

"The Federal government is reportedly resisting giving constitutional guaranteed 6% share to Balochistan in federal service," well informed sources told Business Recorder. Balochistan is the largest but least developed and populated amongst all the
Published 15 Feb, 2018 12:00am
THE RUPEE: modest recovery
Currency

THE RUPEE: modest recovery

Modest recovery was witnessed on the money market on Wednesday as the rupee managed to gain its lost ground against the dollar in the process of trading, currency experts said. The rupee inched up by one paisa in relation to the dollar for buying and sell
Published 15 Feb, 2018 12:00am
Dastgir warns India of any misadventure

Dastgir warns India of any misadventure

In wake of latest tense relations, Pakistan Wednesday warned India against any misadventure, saying it will pay the neighboring country in its own coin in case of any aggression. Responding to his Indian counterpart's comments in a policy statement in the
Published 15 Feb, 2018 12:00am
MQM's intra-party polls on February 18

MQM's intra-party polls on February 18

Muttahida Qaumi Movement-Pakistan (MQM-P) led by Dr Farooq Sattar has decided to hold intra-party election on February 18 instead of February 17. The election commission secretariat of MQM received hundreds of applications from the party workers demanding
Published 15 Feb, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (February 14, 2018).

Published 15 Feb, 2018 12:00am
SCBA eulogises services of Asma Jahangir

SCBA eulogises services of Asma Jahangir

Supreme Court Bar Association (SCBA) has eulogised services of its former president Asma Jahangir towards humanity, democracy and human rights, who died of a heart attack here on Sunday at the age of 66 years. An emergent of SCBA's 20th Executive Committe
Published 15 Feb, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (February 14, 2018).

Published 15 Feb, 2018 12:00am
Boat mishap: eleven bodies arrive

Boat mishap: eleven bodies arrive

As scheduled, 11 dead bodies of Pakistani nationals, who died in the tragic boat incident in Libya, arrived at the Benazir Bhutto International Airport on Wednesday. Special Secretary (Administration) Shah M Jamal received the dead bodies from the airport
Published 15 Feb, 2018 12:00am
US lauds Asma Jahangir's services

US lauds Asma Jahangir's services

The United States has lauded late Asma Jehangir as a strong advocate of human rights and democracy saying her passing away is a great loss to the world, and she will be missed as a champion in her country, its people, and millions more around the world.
Published 15 Feb, 2018 12:00am
Pillion-riding banned in Quetta

Pillion-riding banned in Quetta

The Balochistan Home Department has imposed ban on pillion riding in the provincial capital till February 24, 2018. Earlier, the pillion riding was also banned in Quetta which expired on Tuesday-Wednesday midnight.
Published 15 Feb, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (February 14, 2018)

Published 15 Feb, 2018 12:00am
Government seizes assets of charity linked to Mumbai attack suspect

Government seizes assets of charity linked to Mumbai attack suspect

Government on Wednesday began seizing assets from Jamaat-ud-Daawa (JuD), a UN-designated terrorist organisation, whose leader Hafiz Saeed is a prime suspect in the 2008 Mumbai attacks, officials said. The move comes as Washington piles pressure on Pakista
Published 15 Feb, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (February 14, 2018).

Published 15 Feb, 2018 12:00am
US unilateral operations red line for bilateral ties: Ahsan

US unilateral operations red line for bilateral ties: Ahsan

The United States unilateral operations in Pakistan would be "red line" for the nations' bilateral relations, Interior Minister Ahsan Iqbal said on Tuesday night in an interview to CNN, warning its ally to refrain from bullying tactics.
Published 15 Feb, 2018 12:00am
National Assembly adopts three bills

National Assembly adopts three bills

The National Assembly on Wednesday passed three government bills including 'The Juvenile Justice System Bill, 2017,' 'The Islamabad Capital Territory Child Protection Bill, 2017,' and 'National University of Technology Bill, 2018' to establish the juvenil
Published 15 Feb, 2018 12:00am
NA panel deliberates five bills in details

NA panel deliberates five bills in details

The National Assembly Standing Committee on Interior on Wednesday deliberated as many as five bills in its 41st meeting with Rana Shamim Ahmed Khan in chair.
Published 15 Feb, 2018 12:00am
The Weather

The Weather

The weather report on Wednesday (February 14, 2018) and the forecast for Thursday (February 15, 2018).

Published 15 Feb, 2018 12:00am
Khursheed urges ministry to accede to NAB's request

Khursheed urges ministry to accede to NAB's request

Leader of Opposition in the National Assembly, Syed Khursheed Ahmed Shah, has said that after the formal request of National Accountability Bureau (NAB), the Interior Ministry should place the names of former Prime Minister Nawaz Sharif, his daughter Mary
Published 15 Feb, 2018 12:00am
PSIC approves industry-related Proposals

PSIC approves industry-related Proposals

Provincial Minister of IC&T Sheikh Alauddin presided over the 99th board meeting of Punjab Small Industries Corporation here on Wednesday in which approval was given to many proposals relating to industrial development and streamlining the working of PSIC
Published 15 Feb, 2018 12:00am
Shahbaz slams killing of FC personnel

Shahbaz slams killing of FC personnel

Punjab Chief Minister Shahbaz Sharif has strongly condemned the incident of firing on the vehicle of security officials at Saryab Road in Quetta. Expressing grief and condolence over the martyrdom of security officials, Shahbaz said that martyred official
Published 15 Feb, 2018 12:00am
NAFA Fund launches NFSF

NAFA Fund launches NFSF

NBP Fullerton Asset management Limited (NAFA Funds), has launched NAFA Financial Sector Fund (NFSF), the only dedicated financial sector equity fund in Pakistan, providing an opportunity to investors to invest and benefit from the strong expected growth o
Published 15 Feb, 2018 12:00am
NAFA Fund launches NFSF

NAFA Fund launches NFSF

NBP Fullerton Asset management Limited (NAFA Funds), has launched NAFA Financial Sector Fund (NFSF), the only dedicated financial sector equity fund in Pakistan, providing an opportunity to investors to invest and benefit from the strong expected growth o
Published 15 Feb, 2018 12:00am
Baldia factory case: ATC indicts Rauf Siddiqui, other suspects

Baldia factory case: ATC indicts Rauf Siddiqui, other suspects

In an important development pertaining to the Baldia factory fire case, Anti-Terrorism Court on Wednesday indicted MQM-Pakistan's Rauf Siddiqui and other suspects. According to details, ATC indicted Rauf Siddiqui, Rehman Bhola, Zubair Chariya and other su
Published 15 Feb, 2018 12:00am
ECP urged to bring an end to horse-trading

ECP urged to bring an end to horse-trading

The chief of Jamaat-e-Islami Sirajul Haq has asked the Election Commission of Pakistan (ECP) to stop horse trading and not to let those people contest election at any level who are either named in Panama Leaks, Dubai Leaks and London Leaks as well as or t
Published 15 Feb, 2018 12:00am
SSGC seals three CNG stations in Hyderabad

SSGC seals three CNG stations in Hyderabad

Sui Southern Gas Company (SSGC) conducted raids on a number of CNG stations found violating official closure and sealed three CNG stations in Hyderabad.
Published 15 Feb, 2018 12:00am
Government urged to pursue sale of PIA airbus to German firm

Government urged to pursue sale of PIA airbus to German firm

A parliamentary panel has recommended the government to pursue vigorously the sale of an airbus of the national flag carrier to a German firm at a very low price in violation of PPRA Rules in December 2016.
Published 15 Feb, 2018 12:00am
GCU professor gunned down in Lahore

GCU professor gunned down in Lahore

A professor of Government College University (GCU) Lahore was murdered on Tuesday night over enmity, officials said on Wednesday. They said that the victim, identified as Dr Tanzeem Akbar Cheema, Associate Professor of Botany Department at the GCU, was tr
Published 15 Feb, 2018 12:00am
ADB mission reviews PICIIP

ADB mission reviews PICIIP

A mission of Asian Development Bank (ADB) headed by Urban Development and Water Division Central and West Asia Department (UDWDCWAD) Kiyoshi Nakamitsu has arrived in Lahore to oversee the implementation of ADB funded Punjab Intermediate Cities Improvement
Published 15 Feb, 2018 12:00am
UPS announces express freight midday service

UPS announces express freight midday service

UPS (NYSE:UPS) has announced introduction of a new service "the UPS Worldwide Express Freight Midday" which is an extension of current UPS Worldwide Express Freight service.
Published 15 Feb, 2018 12:00am
Bank AL Habib declares pre-tax profit of Rs 14.04 billion
Exchange

Bank AL Habib declares pre-tax profit of Rs 14.04 billion

The Board of Directors of Bank AL Habib Limited (BAHL) announced the financial results of BAHL for the year ended December 31, 2017. As per the results, BAHL continued its growth momentum even in the backdrop of low interest rate scenario and declared the
Published 15 Feb, 2018 12:00am
Bank AL Habib declares pre-tax profit of Rs 14.04 billion
Exchange

Bank AL Habib declares pre-tax profit of Rs 14.04 billion

The Board of Directors of Bank AL Habib Limited (BAHL) announced the financial results of BAHL for the year ended December 31, 2017. As per the results, BAHL continued its growth momentum even in the backdrop of low interest rate scenario and declared the
Published 15 Feb, 2018 12:00am
Irregularities detected in customs' auction bank account

Irregularities detected in customs' auction bank account

Directorate of Internal Audit (Customs) has detected serious financial irregularities in auction bank account of Pakistan customs as auction money amounting in millions has unlawfully been withdrawn during tax year 2016-17. This was disclosed in a letter
Published 15 Feb, 2018 12:00am
Sandstorms warning: growers asked to evolve plans for irrigating crops

Sandstorms warning: growers asked to evolve plans for irrigating crops

The Met Office has asked the growers to evolve plans for irrigating crops, warning that sandstorms may strike Southern Punjab and Upper Sindh. An advisory to farmers lapsing on February 20, the Met said that weeds should be removed from standing crops to
Published 15 Feb, 2018 12:00am
Court defers indictment of Gilani in TDAP scam cases

Court defers indictment of Gilani in TDAP scam cases

Federal anti-corruption court here on Wednesday deferred indictment of former prime minister Yousuf Raza Gilani in as many as 26 cases stemming from a multi-billion Trade Development Authority of Pakistan (TDAP) scam. The judge deferred the indictment of
Published 15 Feb, 2018 12:00am
NBP sponsors mass marriages programme

NBP sponsors mass marriages programme

Pakistan Hindu Council held their annual programme of mass marriages recently in which 100 Hindu couples from urban and rural Sindh got married in a grand ceremony at YMCA Ground, Karachi. The occasion was full of colourful programmes and celebration for
Published 15 Feb, 2018 12:00am
PAT of Meezan Bank increases to Rs 6.312 billion

PAT of Meezan Bank increases to Rs 6.312 billion

The profit after tax (PAT) of Meezan Bank has increased to Rs 6.312 billion in the year ended on December 31, 2017 as compared to Rs 5.561billion earned in the year 2016. The bank's earning per share surged to Rs 6.13 in the period under review against Rs
Published 15 Feb, 2018 12:00am
PAT of Meezan Bank increases to Rs 6.312 billion

PAT of Meezan Bank increases to Rs 6.312 billion

The profit after tax (PAT) of Meezan Bank has increased to Rs 6.312 billion in the year ended on December 31, 2017 as compared to Rs 5.561billion earned in the year 2016. The bank's earning per share surged to Rs 6.13 in the period under review against Rs
Published 15 Feb, 2018 12:00am
PTCL's revenue remains stable at Rs 117 billion in 2017
Exchange

PTCL's revenue remains stable at Rs 117 billion in 2017

Pakistan Telecommunication Company Limited (PTCL), the country's leading telecom and ICT service provider has announced its financial results for the year ended December 31, 2017 at its Board of Directors meeting held in Islamabad on February 14, 2018.
Published 15 Feb, 2018 12:00am
PTCL's revenue remains stable at Rs 117 billion in 2017
Exchange

PTCL's revenue remains stable at Rs 117 billion in 2017

Pakistan Telecommunication Company Limited (PTCL), the country's leading telecom and ICT service provider has announced its financial results for the year ended December 31, 2017 at its Board of Directors meeting held in Islamabad on February 14, 2018.
Published 15 Feb, 2018 12:00am
Quality standards should be uniform for entire country: DG PSQCA

Quality standards should be uniform for entire country: DG PSQCA

Director General Pakistan Standards & Quality Control Authority (PSQCA), Muhammad Khalid Siddiq has said that quality standards should be uniform for the entire country as it is also a requirement of WTO regulations. He said that PSQCA has no problem with
Published 15 Feb, 2018 12:00am
First phase of PN-SOF maritime exercise ends

First phase of PN-SOF maritime exercise ends

The first phase of Joint Special Operation Forces Maritime exercise Aff'aa Al Sahil being held at Karachi between Pakistan Navy (PN-SOF) and Royal Saudi Naval Forces (RSNF-SOF) has concluded. During the First phase, series of land and harbour exercises we
Published 15 Feb, 2018 12:00am
Mashal's family challenges ATC's decision in PHC

Mashal's family challenges ATC's decision in PHC

Mashal Khan's family on Wednesday filed an appeal in the Peshawar High Court (PHC) challenging the acquittal of 26 people in the 23-year-old student's mob murder case. The appeal filed by Mashal's brother Aimal Khan argues that the decision by the Haripur
Published 15 Feb, 2018 12:00am
ECP empowered to conduct polls in transparent way: JI Chief

ECP empowered to conduct polls in transparent way: JI Chief

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq has said that the Election Commission had full powers to hold fair, free and transparent elections at every level but it was neither exercising those powers nor ensuring the compliance of its own mor
Published 15 Feb, 2018 12:00am
Technical ministries: minister for appointing engineers as secretaries

Technical ministries: minister for appointing engineers as secretaries

Engineers should be appointed as secretaries of technical ministries and heads of technical institutions working under such ministries. Service Structure for engineers is a fair demand from engineering community. This was stated by Federal Minister for Sc
Published 15 Feb, 2018 12:00am
Education vital for prosperous, tolerant society: Jhagra

Education vital for prosperous, tolerant society: Jhagra

KP Governor, Engineer Iqbal Zafar Jhagra has said that education plays vital role in creating a prosperous and tolerant society, saying that youth is the real power that brings change in society and for the purpose, the tribal youth community had been ind
Published 15 Feb, 2018 12:00am
Transparent elections only way to solve problems of Karachi: JI

Transparent elections only way to solve problems of Karachi: JI

Deputy Chief of the Jamaat-e-Islami, Rashid Naseem, has said that the only way to solve the problems of Karachi was to hold impartial and transparent elections and give a chance to the truly elected leadership of the Karachiites.
Published 15 Feb, 2018 12:00am
OPC holds open-house session for staff

OPC holds open-house session for staff

With a view to provide an opportunity to staff members to share their proposals for bringing further improvement in the office working and to redress their problems in an amicable manner,3rd monthly open-house session was arranged by Overseas Pakistanis C
Published 15 Feb, 2018 12:00am
Roof collapse claims three lives in Khyber Agency

Roof collapse claims three lives in Khyber Agency

Atleast three people including two children and a woman lost their lives and six others sustained injuries when roof of a house collapsed in Tore Khal, Ghundi area of Tehsil Jamrud subdivision of Khyber Agency on Wednesday.
Published 15 Feb, 2018 12:00am
Pakistan can't be made scapegoat for others' failures: Aizaz

Pakistan can't be made scapegoat for others' failures: Aizaz

Pakistan's Ambassador to the United States Aizaz Ahmad Chaudhry has said that although Pakistan desired good relations with the US, it cannot be made a scapegoat for the failures of others in Afghanistan. "Peace in Afghanistan is in Pakistan's own interes
Published 15 Feb, 2018 12:00am
SECP to cancel broker's license if terminal stays Suspended
Exchange

SECP to cancel broker's license if terminal stays Suspended

The Securities and Exchange Commission of Pakistan (SECP) will automatically cancel license granted to a securities broker in cases where the terminals of the securities broker are suspended by exchange and the reason for such suspension is not removed wi
Published 15 Feb, 2018 12:00am
Mamnoon calls for peace in Middle East

Mamnoon calls for peace in Middle East

President Mamnoon Hussain has said that peace and stability in Middle East is necessary for the both regional and international peace. He hoped that peace and stability in Libya and Syria will be established soon and the people of both countries will have
Published 15 Feb, 2018 12:00am
UK team to explore infrastructure opportunities

UK team to explore infrastructure opportunities

The UK Prime Minister's Trade Envoy to Pakistan, Rehman Chishti, has visited Pakistan with a trade delegation from the financial, professional and legal services sector, to explore infrastructure opportunities in Pakistan.
Published 15 Feb, 2018 12:00am
BoP to sponsor Lahore Qalandar

BoP to sponsor Lahore Qalandar

Moving on to the third season of Pakistan Super League, Lahore Qalandars has emerged as a franchise which is appreciated and recognized by its services throughout the country. Lahore Qalandars has continued building strong relationships and associations t
Published 15 Feb, 2018 12:00am
Punjab to welcome Turkish investment: Shahbaz

Punjab to welcome Turkish investment: Shahbaz

Punjab Chief Minister Shahbaz Sharif on Wednesday said that vast opportunities of economic cooperation exist with Turkey and Turkish investment in Punjab will be warmly welcomed. He said this while talking to Chairman Turkey Pakistan Business Council Laho
Published 15 Feb, 2018 12:00am
Libraries serve as lighthouses of knowledge: SU VC

Libraries serve as lighthouses of knowledge: SU VC

Libraries are lighthouses of knowledge, intelligence and wisdom; they play pivotal role in promotion of education and research. The libraries also quench the thirst of knowledge-seekers by catering to their academic and intellectual longing; offering them
Published 15 Feb, 2018 12:00am
Tharparkar science festival kicks off

Tharparkar science festival kicks off

Thar's largest two-day science festival for schoolchildren kicked off on Wednesday at Shaheed Benazir Bhutto Cultural Complex in Mithi, to ignite a spark for science and discovery among students in the region, and to promote better quality of learning ava
Published 15 Feb, 2018 12:00am
Brokers must obtain 'management rating': SECP
Exchange

Brokers must obtain 'management rating': SECP

The Securities and Exchange Commission of Pakistan (SECP) has made it mandatory for the securities brokers to obtain 'management rating' on annual basis from a credit rating company licensed by the Commission. According to the amended Securities Brokers (
Published 15 Feb, 2018 12:00am
Marriyum condoles Ashfaq Sajid's death

Marriyum condoles Ashfaq Sajid's death

Minister of State for Information, Broadcasting, National History and Literary Heritage Marriyum Aurangzeb Wednesday expressed deep grief and sorrow over the sad demise of senior journalist and former president of Rawalpindi Islamabad Union of Journalists
Published 15 Feb, 2018 12:00am
Cold, dry weather likely

Cold, dry weather likely

Mainly cold and dry weather is expected in the most parts of the country in next 24 hours, the Met Office said on Wednesday. However, it said, a light rain with (a light snowfall over the hills) is expected at a few places in Gilgit-Baltistan over the per
Published 15 Feb, 2018 12:00am
Ahsan, UK foreign Secretary discuss issues of common interest

Ahsan, UK foreign Secretary discuss issues of common interest

Ahsan Iqbal, Interior Minister of Pakistan, who is on an official visit to the UK, met with Boris Johnson, British Foreign Secretary, in London on Wednesday. The two sides discussed a wide range of issues of common interest. Ahsan Iqbal briefed the Foreig
Published 15 Feb, 2018 12:00am
Senate elections: LHC seeks replies from ECP, others

Senate elections: LHC seeks replies from ECP, others

The Lahore High Court on Wednesday sought replies from Election Commission of Pakistan (ECP) and others by February 20 in a petition challenging process of the scrutiny of candidates for upcoming Senate election. The petitioner Azhar Siddique, advocate ha
Published 15 Feb, 2018 12:00am
SC issues notices to federation, provinces

SC issues notices to federation, provinces

Supreme Court on Wednesday issued notices to federation and all the provinces while hearing appeals against Sindh High Court verdict which declared provision of natural gas on priority to the area where well-head is located. Resuming identical appeals in
Published 15 Feb, 2018 12:00am
First the World, now Pakistan: Imran seeks election glory

First the World, now Pakistan: Imran seeks election glory

Clad in a tracksuit and ankle weights, Imran Khan lounges in a plush chair and announces this is his political moment: the World Cup cricket champion believes power in country is his for the taking. After years in the wilderness the former allrounder is r
Published 15 Feb, 2018 12:00am
ATP to probe 'racial prejudice' allegations
Exchange

ATP to probe 'racial prejudice' allegations

The Association of Tennis Professionals on Tuesday says it has launched an internal investigation after a first-round match between two American players at the New York Open boiled over on the court. The ATP Tour officials say they are reviewing "allegati
Published 15 Feb, 2018 12:00am
Fiery Venezuela image wins AFP photographer top award nod

Fiery Venezuela image wins AFP photographer top award nod

A searing image of a Venezuelan protester who caught fire during clashes with riot police has won AFP photographer Ronaldo Schemidt a nomination for the World Press Photo of the Year award. The picture by the Mexico-based photographer for Agence France-Pr
Published 15 Feb, 2018 12:00am
Six hurt in Paris stabbing spree

Six hurt in Paris stabbing spree

A man stabbed six bystanders in a series of apparently unprovoked attacks in northern Paris on Tuesday night before being arrested by police in a drunken state, a security source told AFP. The rampage began at around 11:00 pm (2300 GMT) in an area known f
Published 15 Feb, 2018 12:00am
Philippines complains to China about naming of undersea features

Philippines complains to China about naming of undersea features

The Philippines said Wednesday it has complained about China's move to name undersea features on Manila's continental shelf, an incident which raised fears the Asian giant may be claiming more maritime territory. President Rodrigo Duterte's spokesman Harr
Published 15 Feb, 2018 12:00am
German government plays down 'free transport' plan

German government plays down 'free transport' plan

The German government on Wednesday sought to play down plans to introduce free public transport, a day after the radical proposal to fight air pollution made headlines around the world. The measure was one of several proposed in a recent letter Berlin sen
Published 15 Feb, 2018 12:00am
Prince Henrik dies

Prince Henrik dies

Prince Henrik, the French-born husband of Denmark's Queen Margrethe, has died at age 83, ending a half-century struggle to win the hearts of Danes that only succeeded in his later years. The royal family declared a month of mourning, as flags were lowered
Published 15 Feb, 2018 12:00am
Syria sanctions Chess federation says UBS to close accounts

Syria sanctions Chess federation says UBS to close accounts

The World Chess Federation (FIDE) has said that Swiss bank UBS will close its accounts "immediately" over the organisation president's alleged financial dealings with the Syrian government and the Islamic State group. FIDE's eccentric Russian millionaire
Published 15 Feb, 2018 12:00am
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