News Archives for Print - 2018-02-25

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (February 24, 2018).

Published 25 Feb, 2018 12:00am

Russia remains China's top oil supplier as pipeline expands

Russia remained the top crude oil supplier to China in January, data showed, beginning 2018 on a strong note after the start-up of an expanded trans-Siberia pipeline and as Beijing released more crude import quotas to independent refiners. Angola and Iraq

Published 25 Feb, 2018 12:00am

Currency

Fitch boots Brazil deeper into junk rating

Fitch agency cut Brazil's sovereign debt rating again Friday, sending it deeper into junk status after the government gave up on attempts to get approval for pension reforms. The long-term foreign currency issuer default rating was cut below investment gr

Published 25 Feb, 2018 12:00am

Currency

Fitch boots Brazil deeper into junk rating

Fitch agency cut Brazil's sovereign debt rating again Friday, sending it deeper into junk status after the government gave up on attempts to get approval for pension reforms. The long-term foreign currency issuer default rating was cut below investment gr

Published 25 Feb, 2018 12:00am

Libya's NOC declares force majeure on 70,000 bpd El Feel oilfield

Libya's National Oil Corporation (NOC) said on Saturday it had declared force majeure on the 70,000 barrels per day (bpd) El Feel oilfield after a protest by guards closed the field. El Feel was shut after guards withdrew from the field to push demands ov

Published 25 Feb, 2018 12:00am

Saudi oil minister hopes Opec, allies can ease output curbs in 2019

Saudi Arabia hopes Opec and its allies will be able to relax production curbs next year and create a permanent framework to stabilise oil markets after the current supply cut deal ends this year, its oil minister said on Saturday. The Organization of the

Published 25 Feb, 2018 12:00am

Currency

S&P gives Russia pre-election boost with rating upgrade

Russia received a long-awaited upgrade to its sovereign rating from S&P Global, a move set to bolster capital inflows into its financial markets just weeks before a presidential election. S&P Global Ratings raised Russia's foreign currency long-term and s

Published 25 Feb, 2018 12:00am

Currency

S&P gives Russia pre-election boost with rating upgrade

Russia received a long-awaited upgrade to its sovereign rating from S&P Global, a move set to bolster capital inflows into its financial markets just weeks before a presidential election. S&P Global Ratings raised Russia's foreign currency long-term and s

Published 25 Feb, 2018 12:00am

Brexit to shut the door on lengthy London house price boom

British inflation will outstrip gains in house prices this year and next, particularly in the capital, as uncertainty over Brexit and weak consumer spending power hits demand, a Reuters poll found on Friday. According to the latest quarterly Reuters poll

Published 25 Feb, 2018 12:00am

China's home prices rise in January

China's new home prices grew in January although major cities saw early signs of softening, as the government continued its efforts to rein in speculative demand to fend off bubble risk. The acceleration in prices across the nation suggests moves by provi

Published 25 Feb, 2018 12:00am

Three China insurers to fix investment rule breaches

China's insurance regulator said on Saturday it would force three major insurers to take steps to deal with overseas investments that had violated regulations, as Beijing intensifies its crackdown on risk in the insurance sector. In three separate stateme

Published 25 Feb, 2018 12:00am

With rates low, Fed officials fret over next US recession

Federal Reserve policymakers are fretting that they could face the next US recession with an arsenal of policies little different from that used in the last downturn but robbed of much of their punch because interest rates are still low. In the midst of a

Published 25 Feb, 2018 12:00am

Exchange

Macron engages hecklers in farm-show rite of passage

France's Emmanuel Macron was booed by angry farmers on Saturday during his first visit as president to the country's main agricultural fair, amid rising discontent over producer prices, European Union trade talks and Chinese land purchases. Macron was gre

Published 25 Feb, 2018 12:00am

Airbnb expands offerings with new upscale categories

Home-share titan Airbnb on Thursday took aim at more upscale travelers with new categories including premium lodging and properties for "trips of a lifetime." In one of the most significant updates since the San Francisco-based firm launched a decade ago,

Published 25 Feb, 2018 12:00am

Exchange

US stocks rally as Fed eases rate worry, tech climbs

US stocks rallied on Friday, lifted by gains in technology stocks and a retreat in Treasury yields as the Federal Reserve eased concerns about the path of interest rate hikes this year. The US central bank, looking past the recent stock market sell-off an

Published 25 Feb, 2018 12:00am

US fund investors creep back in to market

US fund investors inched back in to the markets during the most recent week, putting $2.5 billion into bonds and $1.1 billion into stocks, Lipper data showed on Thursday. Yet wounded investors were reluctant to wade back in to their home market, with dome

Published 25 Feb, 2018 12:00am

US fund investors creep back in to market

US fund investors inched back in to the markets during the most recent week, putting $2.5 billion into bonds and $1.1 billion into stocks, Lipper data showed on Thursday. Yet wounded investors were reluctant to wade back in to their home market, with dome

Published 25 Feb, 2018 12:00am

SimplyBiz eyes 150 million pound London IPO

British company SimplyBiz is joining a queue of financial services firms preparing for flotations on the London stock market with plans for a listing that could value the group at more than 150 million pounds ($209 million). Huddersfield-based SimplyBiz i

Published 25 Feb, 2018 12:00am

SimplyBiz eyes 150 million pound London IPO

British company SimplyBiz is joining a queue of financial services firms preparing for flotations on the London stock market with plans for a listing that could value the group at more than 150 million pounds ($209 million). Huddersfield-based SimplyBiz i

Published 25 Feb, 2018 12:00am

Brazil stock market bulls still charging as economy heats up

Confidence in Brazil's stock market rally remains unshaken heading into a third year, a Reuters poll of brokers, investors and strategists showed, with optimism around a stronger economy outshining the government's inability to plug a fiscal deficit.

Published 25 Feb, 2018 12:00am

Treasuries outlook: yields fall on stock market jitters, month-end demand

US Treasury prices gained on Friday as uncertainty about recent stock market volatility helped boost demand for the bonds and as investors rebalanced portfolios ahead of month-end. Continuing nerves about the direction of stocks led some investors to seek

Published 25 Feb, 2018 12:00am

Treasuries outlook: yields fall on stock market jitters, month-end demand

US Treasury prices gained on Friday as uncertainty about recent stock market volatility helped boost demand for the bonds and as investors rebalanced portfolios ahead of month-end. Continuing nerves about the direction of stocks led some investors to seek

Published 25 Feb, 2018 12:00am

Demand for Asian bonds jump in January, but rising yields a risk

Foreign investors in January bought the highest amount of Asian bonds in more than four years, but there are doubts such purchases will continue in the coming months as rising global yields and volatility undermine demand for emerging Asian assets.

Published 25 Feb, 2018 12:00am

Demand for Asian bonds jump in January, but rising yields a risk

Foreign investors in January bought the highest amount of Asian bonds in more than four years, but there are doubts such purchases will continue in the coming months as rising global yields and volatility undermine demand for emerging Asian assets.

Published 25 Feb, 2018 12:00am

Indonesia becomes first Asian country to sell green bonds

Indonesia will become the first Asian country to sell "green" bonds internationally as it looks to tap into growing investor interest in climate-friendly investments. Globally, $155.5 billion of so-called green bonds were sold last year, according to the

Published 25 Feb, 2018 12:00am

Indonesia becomes first Asian country to sell green bonds

Indonesia will become the first Asian country to sell "green" bonds internationally as it looks to tap into growing investor interest in climate-friendly investments. Globally, $155.5 billion of so-called green bonds were sold last year, according to the

Published 25 Feb, 2018 12:00am

China market watchdog to ramp up oversight of back-door listings

The Chinese securities regulator said it will ramp up regulation of rejected "back-door listings", as part of a wider overhaul of initial public offerings by Beijing. In a brief question and answer published on its website late on Friday, the China Securi

Published 25 Feb, 2018 12:00am

China market watchdog to ramp up oversight of back-door listings

The Chinese securities regulator said it will ramp up regulation of rejected "back-door listings", as part of a wider overhaul of initial public offerings by Beijing. In a brief question and answer published on its website late on Friday, the China Securi

Published 25 Feb, 2018 12:00am

High-risk euro bank bonds find buyers as crisis memories fade

Germany's IKB Deutsche Industriebank, rescued twice during the financial crisis, has issued one of the riskiest forms of bonds without any credit rating from the big agencies. And yet, like many euro zone peers, it found itself swamped with demand. IKB's

Published 25 Feb, 2018 12:00am

High-risk euro bank bonds find buyers as crisis memories fade

Germany's IKB Deutsche Industriebank, rescued twice during the financial crisis, has issued one of the riskiest forms of bonds without any credit rating from the big agencies. And yet, like many euro zone peers, it found itself swamped with demand. IKB's

Published 25 Feb, 2018 12:00am

Exchange

TSX ends at three-week high

Canada's main stock index closed at a three-week high on Friday, with energy companies leading gains across the board on higher oil prices. The Toronto Stock Exchange's S&P/TSX composite index rose 130.28 points, or 0.84 percent, to 15,638.45. The energy

Published 25 Feb, 2018 12:00am

Exchange

EU wheat steady on Chicago futures rebound

European wheat markets were steady on Thursday as a slight rebound in Chicago futures and slow farmer selling underpinned prices in the face of lagging export activity. Traders were monitoring an intense cold spell building across Europe but said it was t

Published 25 Feb, 2018 12:00am

Brazilian coffee farmers hold supplies due to low prices

Brazilian coffee farmers see current prices as insufficient to cover costs and have no intention of selling at the moment, despite a looming record crop, producers and market experts said. They said dealings in the Brazilian market were very thin with pri

Published 25 Feb, 2018 12:00am

Ivory Coast cocoa exporters revise down forecast

Cocoa exporters and pod counters in Ivory Coast have revised down their forecast for this year's main harvest because of hot weather and a lack of rain. A Reuters poll of 13 exporters and pod counters conducted on Wednesday predicted output of 1.320 milli

Published 25 Feb, 2018 12:00am

Ukraine's grain exports down

Ukraine's grain exports totalled 25.9 million tonnes by Wednesday, down from 28.4 million tonnes on the same date the previous season, the agriculture ministry said on Wednesday. So far in the 2017/18 season, which runs from July to June, Ukraine exported

Published 25 Feb, 2018 12:00am

Vegetable Oil

Palm oil mixed on European vegoils market

Palm oil on the European vegetable oils market was offered mixed on Thursday on contrasting signals that kept Malaysian palm oil futures almost unchanged. An easier ringgit and the outlook for a smaller than previously expected decrease in Malaysian palm

Published 25 Feb, 2018 12:00am

Exchange

Speculators cut US natural gas net longs for third straight week

US natural gas speculators cut their net long positions for a third week in a row, betting prices will decline as supplies remain adequate with output near record highs and forecasts for near seasonal weather for the rest of the winter.

Published 25 Feb, 2018 12:00am

Exchange

Argentina soya, corn crop estimates fall due to drought

Argentine farmers are expected to harvest 47 million tonnes of soya this season and not the 50 million tonnes forecast earlier, the Buenos Aires Grains Exchange said in its weekly crop report on Thursday, citing drought as the reason for the cut.

Published 25 Feb, 2018 12:00am

CBOT wheat futures firmer

Chicago Board of Trade wheat futures gained about 0.8 percent on Thursday, firming on short-covering after prices earlier dropped to two-week low, traders said. Ample global supplies and precipitation this week in the US Plains wheat growing region capped

Published 25 Feb, 2018 12:00am

Canadian canola futures rise

ICE Canadian canola futures rose on Thursday for a fourth straight day, lifted by weakness in the Canadian dollar. March canola added $2.40 to $510.70 per tonne. May canola gained $1.70 to $515.20 per tonne. March-May canola spread traded 3,637 times. Chi

Published 25 Feb, 2018 12:00am

Exchange

China's January coal imports from Australia surge

China's coal imports from key supplier Australia surged in January from a year ago, customs data showed on Saturday, boosted by strong demand at utilities amid freezing weather. The world's top coal consumer brought in 7.94 million tonnes of coal from Aus

Published 25 Feb, 2018 12:00am

European gasoline margins fall sharply

The gasoline barge crack in northwest Europe fell sharply on Thursday as inventories built on both sides of the Atlantic. Gasoline stocks in independently held storage in the Amsterdam-Rotterdam-Antwerp hub rose by around 4.7 percent to a 19-month high, d

Published 25 Feb, 2018 12:00am

Cotton

Cotton market: No change visible in present outlook

Not a visible change was seen in the present outlook on the cotton market on Saturday in the process of trading, dealers said. The official spot rate was unchanged at Rs 6,900, they added. In Sindh and the Punjab, seed cotton prices were at Rs 2400-3000,

Published 25 Feb, 2018 12:00am

Currency

Indian rice prices fall on sluggish demand

Rice prices in top exporter India fell for the third consecutive week on sluggish demand, while the lack of fresh deals weighed on rates for the staple grain in other major Asian markets. India's 5 percent broken parboiled rice prices fell by $6 to $414-$

Published 25 Feb, 2018 12:00am

China's January soyabean imports from US fall

China's imports of soyabeans from the United States in January fell 14 percent from the same month a year ago, customs data showed, as Brazil grabbed a larger slice of the world's biggest market for the oilseed with higher-protein beans.

Published 25 Feb, 2018 12:00am

Exchange

CBOT soyabean futures lower

Chicago Board of Trade soyabean futures were narrowly lower on Thursday, easing as traders locked in profits following recent multimonth highs, traders said. Analysts continued to cut production estimates for No. 3 global soya producer Argentina because o

Published 25 Feb, 2018 12:00am

Indonesian coffee picks up ahead of mini harvest

Coffee trading in Indonesia picked up slightly ahead of a mini harvest expected from March, while Vietnam's market was dull following a major holiday, traders said on Thursday. Indonesia's grade 4 defect 80 robusta traded at a premium of $140 a tonne to L

Published 25 Feb, 2018 12:00am

US 2018 corn and soya plantings at 90 million acres each: USDA

US farmers will plant 90.0 million acres of soyabeans this spring, down from 90.1 million last year, and reduce corn acres to 90.0 million acres from 90.2 million in 2017, the US Department of Agriculture projected on Thursday.

Published 25 Feb, 2018 12:00am

South Korea buys 120,000 tonnes of US corn

The Korea Feed Association (KFA) purchased about 120,000 tonnes of corn expected to be sourced from the United States in a tender which closed on Thursday, European traders said. This purchase underlines that US corn is looking about the cheapest in expor

Published 25 Feb, 2018 12:00am

Asian naphtha down to 1-1/2-week low

Asia's naphtha crack slipped to a 1-1/2-week low of $68.78 a tonne, weighed down by high Brent crude prices at above $64 a barrel. But naphtha fundamentals have improved this week for sellers as supplies were not as plentiful as before, traders said. This

Published 25 Feb, 2018 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 25 Feb, 2018 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (February 24, 2018).

Published 25 Feb, 2018 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (February 24, 2018).

Published 25 Feb, 2018 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (February 24, 2018).

Published 25 Feb, 2018 12:00am

Currency

THE RUPEE: firm trend

The rupee held overnight levels for the second day against the dollar on the money market on Saturday in the process of trading, currency experts said. The rupee sustained overnight levels in terms of the dollar for buying and selling Rs 111.90 and Rs 112

Published 25 Feb, 2018 12:00am

Currency

THE RUPEE: firm trend

The rupee held overnight levels for the second day against the dollar on the money market on Saturday in the process of trading, currency experts said. The rupee sustained overnight levels in terms of the dollar for buying and selling Rs 111.90 and Rs 112

Published 25 Feb, 2018 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (February 24, 2018).

Published 25 Feb, 2018 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 24, 2018).

Published 25 Feb, 2018 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 24, 2018).

Published 25 Feb, 2018 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (February 24, 2018).

Published 25 Feb, 2018 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 24, 2018).

Published 25 Feb, 2018 12:00am

New US tax law brings Warren Buffett a nice check: $29 billion

Berkshire Hathaway, the holding company of US billionaire investor Warren Buffett, received a stunning $29 billion check last year from the US government, thanks to a new tax law that massively lowered corporate tax rates. In his much-anticipated annual l

Published 25 Feb, 2018 12:00am

Mexico to host 'difficult' new round of NAFTA talks

Negotiators from the United States, Mexico and Canada open a new round of talks Sunday on overhauling the North American Free Trade Agreement, with the Mexican hosts already warning of turbulence. Mexican Economy Minister Ildefonso Guajardo said the reneg

Published 25 Feb, 2018 12:00am

Mexico to host 'difficult' new round of NAFTA talks

Negotiators from the United States, Mexico and Canada open a new round of talks Sunday on overhauling the North American Free Trade Agreement, with the Mexican hosts already warning of turbulence. Mexican Economy Minister Ildefonso Guajardo said the reneg

Published 25 Feb, 2018 12:00am

Saudi, UAE, Qatari leaders to visit Trump in March, April

Senior Saudi, Emirati and Qatari leaders will meet with US President Donald Trump in the next couple of months, US officials said, amid efforts by Washington to try to resolve a dispute between the Gulf neighbours. Saudi Crown Prince Mohammed bin Salman,

Published 25 Feb, 2018 12:00am

Saudi, UAE, Qatari leaders to visit Trump in March, April

Senior Saudi, Emirati and Qatari leaders will meet with US President Donald Trump in the next couple of months, US officials said, amid efforts by Washington to try to resolve a dispute between the Gulf neighbours. Saudi Crown Prince Mohammed bin Salman,

Published 25 Feb, 2018 12:00am

Exchange

Ex-Trump campaign aide Gates pleads guilty to conspiracy, lying

President Donald Trump's former campaign deputy Rick Gates pleaded guilty Friday to fraud and lying, pledging to cooperate with Special Counsel Robert Mueller on his vast probe into Russian interference in the 2016 election. Gates was the third former Tru

Published 25 Feb, 2018 12:00am

Exchange

Ex-Trump campaign aide Gates pleads guilty to conspiracy, lying

President Donald Trump's former campaign deputy Rick Gates pleaded guilty Friday to fraud and lying, pledging to cooperate with Special Counsel Robert Mueller on his vast probe into Russian interference in the 2016 election. Gates was the third former Tru

Published 25 Feb, 2018 12:00am

Court acquits 12 men accused of child sex abuse

A court acquitted 12 men of child sex abuse and blackmail charges on Saturday, the latest verdict in a massive paedophilia scandal that rocked the country in August 2015. The abuse and extortion scandal, which authorities have called the largest in Pakist

Published 25 Feb, 2018 12:00am

Court acquits 12 men accused of child sex abuse

A court acquitted 12 men of child sex abuse and blackmail charges on Saturday, the latest verdict in a massive paedophilia scandal that rocked the country in August 2015. The abuse and extortion scandal, which authorities have called the largest in Pakist

Published 25 Feb, 2018 12:00am

Ghulam Kibria dies

Ghulam Kibria died yesterday. He was 92. He left behind two daughters and one son. His funeral prayers will be offered today after Zohr at Masjid Bait-us-Salam, Defence Phase IV, Opp. Imam Bargah. Born in 1926 in Bulands-hehar, UP, India, Kibria played a

Published 25 Feb, 2018 12:00am

Ghulam Kibria dies

Ghulam Kibria died yesterday. He was 92. He left behind two daughters and one son. His funeral prayers will be offered today after Zohr at Masjid Bait-us-Salam, Defence Phase IV, Opp. Imam Bargah. Born in 1926 in Bulands-hehar, UP, India, Kibria played a

Published 25 Feb, 2018 12:00am

Talal Chaudhry requests SC to withdraw contempt notice

Minister of State for Interior Affairs Talal Chaudhry requested the Supreme Court to withdraw contempt court proceedings against him on Saturday. The apex court had initiated contempt proceedings against Chaudhry on account of "derogatory and contemptuous

Published 25 Feb, 2018 12:00am

Talal Chaudhry requests SC to withdraw contempt notice

Minister of State for Interior Affairs Talal Chaudhry requested the Supreme Court to withdraw contempt court proceedings against him on Saturday. The apex court had initiated contempt proceedings against Chaudhry on account of "derogatory and contemptuous

Published 25 Feb, 2018 12:00am

Civilian martyred, three hurt at Nakyal sector: ISPR

A civilian was martyred and three others injured when Indian forces opened unprovoked fire at a village in Nakyal sector, the Inter-Services Public Relations (ISPR) said in a statement on Saturday. According to the ISPR, a civilian identified as Mohammad

Published 25 Feb, 2018 12:00am

Civilian martyred, three hurt at Nakyal sector: ISPR

A civilian was martyred and three others injured when Indian forces opened unprovoked fire at a village in Nakyal sector, the Inter-Services Public Relations (ISPR) said in a statement on Saturday. According to the ISPR, a civilian identified as Mohammad

Published 25 Feb, 2018 12:00am

Shoe hurled at Ahsan in Narowal

A shoe was hurled at Federal Interior Minister Chaudhry Ahsan Iqbal while he was addressing a gathering in Narowal, Aaj News reported on Saturday. Ahsan Iqbal's speech angered a youth who let out his anger by throwing a shoe at the minister that missed it

Published 25 Feb, 2018 12:00am

Pakistan to be placed in FATF watchlist in June: Miftah

Adviser to the Prime Minister, Miftah Ismail, has confirmed that Pakistan would be placed in grey list of Financial Action Task Force (FATF) in June. At Aaj News programme 'G for Gharidah,' he said Saturday that sanctions are not imposed on the countries

Published 25 Feb, 2018 12:00am

Pakistan to be placed in FATF watchlist in June: Miftah

Adviser to the Prime Minister, Miftah Ismail, has confirmed that Pakistan would be placed in grey list of Financial Action Task Force (FATF) in June. At Aaj News programme 'G for Gharidah,' he said Saturday that sanctions are not imposed on the countries

Published 25 Feb, 2018 12:00am

Activist freed in Uzbekistan after 12 years in prison

Uzbekistan has released an activist who was jailed for nearly 12 years after a bloody crackdown on protesters in the east of the country, rights groups said on Saturday. Isroil Kholdarov, a human rights and political activist from Andijan, scene of a brut

Published 25 Feb, 2018 12:00am

Both suspects in Kuwait murder of Filipina held

The employers of a Filipina maid found dead in a freezer in Kuwait were both arrested in the Syrian capital Damascus, Lebanese and Philippine officials said Saturday. Syrian authorities surrendered Nader Essam Assaf to Beirut on Friday because of his Leba

Published 25 Feb, 2018 12:00am

Czech president wants hacker 'extradited to Russia' not US

The Czech Republic's pro-Moscow president has repeatedly lobbied for a Russian hacker held in Prague and wanted by the US to be extradited to Russia, the justice minister was quoted as saying Saturday.

Published 25 Feb, 2018 12:00am

Exchange

Federal tax ombudsman, senior advisors visit SCCI

Federal Tax Ombudsman Mushtaq Ahmad Sukhera and FTO's Senior Advisors visited Sialkot Chamber of Commerce & Industry (SCCI) to discuss various issues pertaining to taxes. On this occasion Mushtaq Ahmad Sukhera stressed the need of further betterment in ta

Published 25 Feb, 2018 12:00am

Australia's biggest bank rejects fresh laundering claims

Australia's largest bank the Commonwealth on Friday denied a slew of new claims by the country's financial intelligence agency that it breached anti-money laundering laws, and rejected a major class action over the allegations. The lender, Australia's big

Published 25 Feb, 2018 12:00am

IS-claimed suicide attacks kill 5 in Yemen's Aden

Two suicide car bombings against security forces in the southern Yemeni port of Aden killed at least five people Saturday, officials said, in an attack claimed by the Islamic State group. Five people, including security officers and a child, died in the b

Published 25 Feb, 2018 12:00am

'Healthy hydration a must for normal functions of human body'

Health professionals have called for giving special attention on health of children to save them from dehydration. As part of a balanced and healthy diet, drinking at least 2 litres of water a day, with the amount varying based on age, weight and lifestyl

Published 25 Feb, 2018 12:00am

HR can not be developed without quality education: President

President Mamnoon Hussain said that human resources could not be developed without quality education. Chairing a meeting of Zindagi Trust in Karachi on Saturday, he urged private sector and philanthropists to come forward and supplement the government eff

Published 25 Feb, 2018 12:00am

China cuts banking red tape to rally foreign investment

China''s banking regulator has introduced steps to cut the red tape for foreign banks, state media agency Xinhua said on Saturday, as part of the government''s ongoing effort to promote investment in the country''s fast-growing financial sector.

Published 25 Feb, 2018 12:00am

China cuts banking red tape to rally foreign investment

China's banking regulator has introduced steps to cut the red tape for foreign banks, state media agency Xinhua said on Saturday, as part of the government's ongoing effort to promote investment in the country's fast-growing financial sector.

Published 25 Feb, 2018 12:00am

China cuts banking red tape to rally foreign investment

China's banking regulator has introduced steps to cut the red tape for foreign banks, state media agency Xinhua said on Saturday, as part of the government's ongoing effort to promote investment in the country's fast-growing financial sector.

Published 25 Feb, 2018 12:00am

New US tax law brings Warren Buffett a nice check: $29 billion

Berkshire Hathaway, the holding company of US billionaire investor Warren Buffett, received a stunning $29 billion check last year from the US government, thanks to a new tax law that massively lowered corporate tax rates. In his much-anticipated annual l

Published 25 Feb, 2018 12:00am

The Weather

The weather report on Saturday (February 24, 2018) and the forecast for Sunday (February 25, 2018).

Published 25 Feb, 2018 12:00am

Exchange

Imran describes Cheema as Shahbaz's frontman

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan said on Saturday that Ahad Cheema is frontman of Punjab Chief Minister Shahbaz Sharif who knows all the secrets of his (Sharif's) corruption. "Ahad Cheema is the parrot within him lies the soul of Shahbaz

Published 25 Feb, 2018 12:00am

Cheema arrested as per law: NAB

The NAB would continue performing its duties in accordance with law by upholding transparency and merit despite adverse circumstances. Threats, protests and browbeating could not stop NAB from performing its legal obligations. Ahad Cheema has been apprehe

Published 25 Feb, 2018 12:00am

Cheema arrested as per law: NAB

The NAB would continue performing its duties in accordance with law by upholding transparency and merit despite adverse circumstances. Threats, protests and browbeating could not stop NAB from performing its legal obligations. Ahad Cheema has been apprehe

Published 25 Feb, 2018 12:00am

Nawaz captures the hearts and minds of people: Maryam

PML-N leader Maryam Nawaz on Saturday said former Prime Minister Muhammad Nawaz Sharif had launched a crusade for democracy and fundamental rights of some 220 million people of Pakistan.

Published 25 Feb, 2018 12:00am

Nawaz captures the hearts and minds of people: Maryam

PML-N leader Maryam Nawaz on Saturday said former Prime Minister Muhammad Nawaz Sharif had launched a crusade for democracy and fundamental rights of some 220 million people of Pakistan.

Published 25 Feb, 2018 12:00am

Cheema's tip off leads to first arrest

National Accountability Bureau (NAB) has arrested Shahid Shafiq, Chief Executive of Bismillah Engineering Company, over corruption charges on the tip off from LDA's ex-DG Ahad Cheema, Aaj News reported Saturday.

Published 25 Feb, 2018 12:00am

UN backs Syria ceasefire

The UN Security Council on Saturday unanimously demanded a 30-day ceasefire in Syria, as new air strikes on the rebel enclave of Eastern Ghouta took the civilian death toll from seven days of bombing to more than 500. With support from Russia, the Securit

Published 25 Feb, 2018 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (February 24, 2018).

Published 25 Feb, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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