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Print - 2018-04-04
Australian diver retires on eve of Games over paralysis fears

Australian diver retires on eve of Games over paralysis fears

Heartbroken Australian diver Taneka Kovchenko retired on the eve of her home Commonwealth Games on Tuesday after medical experts warned that she risked severe paralysis if one more dive went wrong. The 23-year-old, who was a serious medal contender in the
Published 04 Apr, 2018 12:00am
Commonwealth Games: India cleared of doping, warned over needle find

Commonwealth Games: India cleared of doping, warned over needle find

India were cleared of doping but slapped with a "strong written reprimand" on Tuesday after syringes were found in the Commonwealth Games athletes village. The Games' Federation Court said the doctor of India's boxing team injected an unwell fighter with
Published 04 Apr, 2018 12:00am
HXL thrash Hilal Foods as Football Corporate League opens

HXL thrash Hilal Foods as Football Corporate League opens

Fida Haji scored a brilliant hat-trick to help his side Hyundai Xteer Lubricants (HXL) record a formidable 6-0 victory against Hilal Foods on the opening day of Leisure Leagues Corporate League underway here at Olympian Iftikhar Syed Sports Academy. Apart
Published 04 Apr, 2018 12:00am
South Africa beat Australia, take series 3-1

South Africa beat Australia, take series 3-1

Vernon Philander sent Australia crashing to defeat with a sensational spell of bowling on the fifth day of the fourth Test against Australia at the Wanderers Stadium on Tuesday. Philander took a career-best six for 21 as Australia were bowled out for 119,
Published 04 Apr, 2018 12:00am
Pakistan complete 3-0 series whitewash

Pakistan complete 3-0 series whitewash

Pakistan beat the West Indies by eight wickets in the third and final Twenty20 international in Karachi on Tuesday, completing a 3-0 series whitewash. The West Indies scored 153-6 - their highest total of the series - with Andre Fletcher (52) scoring the
Published 04 Apr, 2018 12:00am
Middlesex sign Cartwright as cover for injured Morgan

Middlesex sign Cartwright as cover for injured Morgan

Middlesex have signed Australian international Hilton Cartwright after injuries to England one-day international captain Eoin Morgan and opening batsman Nick Gubbins. The signing of the 26-year-old - who has played two Tests for his country - is a reversa
Published 04 Apr, 2018 12:00am
IMC to lead cleanliness drive of National Stadium

IMC to lead cleanliness drive of National Stadium

Indus Motor Company (IMC), keeping its tradition of being a responsible corporate citizen, has decided to lead a cleanliness drive of National Stadium after the 3rd T20 cricket match at the National Stadium, Karachi. "The purpose of this drive is not only
Published 04 Apr, 2018 12:00am
Anderson becomes most over-worked seam bowler

Anderson becomes most over-worked seam bowler

England quick James Anderson became the most over-worked seam bowler in Test cricket history on Tuesday when he fired down his 30,020th delivery. Midway through the final day of the second Test against New Zealand in Christchurch, he overtook the previous
Published 04 Apr, 2018 12:00am
New Zealand tail secure draw and series win

New Zealand tail secure draw and series win

Gritty tailenders Ish Sodhi and Neil Wagner held out for a dramatic draw in the second Test on Tuesday to give New Zealand the series 1-0 and extend England's dismal away record. England were just four wickets from victory when the second new ball was tak
Published 04 Apr, 2018 12:00am
Tunisia's tourism revenues grow 23 percent

Tunisia's tourism revenues grow 23 percent

Tunisia's tourism revenues rose 23 percent year-on-year in the first three months of 2018, the government said on Tuesday, as the sector recovers from two militant attacks on holidaymakers in 2015. Tourism minister Salma Loumi forecast last month that arr
Published 04 Apr, 2018 12:00am
US auto sales spring to life

US auto sales spring to life

The American consumer returned in force to automobile showrooms in March, lifting an industry that had been plodding along in a post-sales boom hangover. The biggest players in the North American market all posted gains - some eye popping - compared to Ma
Published 04 Apr, 2018 12:00am
Fox says Disney may buy Sky News in fresh takeover twist

Fox says Disney may buy Sky News in fresh takeover twist

Rupert Murdoch's 21st Century Fox on Tuesday proposed selling rolling TV channel Sky News to Disney in order to finally seal control of pan-European satellite broadcaster Sky. Fox - which for a long time has sought to buy the 61 percent of British pay TV
Published 04 Apr, 2018 12:00am
Saudi private sector growth hits record low in March

Saudi private sector growth hits record low in March

Growth in Saudi Arabia's non-oil private sector slowed in March, a survey of businesses showed on Tuesday, reaching its lowest level since the survey was launched in August 2009. The data suggests the Saudi economy continues to struggle with the impact of
Published 04 Apr, 2018 12:00am
Tesla boosts Model three production but still short of goal

Tesla boosts Model three production but still short of goal

Embattled electric car maker Tesla said Tuesday it had ramped up quarterly production on its Model 3 sedan, although it still fell short of its goal of 2,500 a week. Tesla manufactured 2,020 of the lower-priced model in the final seven days of the quarter
Published 04 Apr, 2018 12:00am
Sluggish wage growth keeps Australia rates on hold

Sluggish wage growth keeps Australia rates on hold

Australia's central bank kept interest rates at a record low Tuesday, with the board maintaining a neutral policy bias as wage growth remains stubbornly low and inflation below target. The Reserve Bank of Australia has not adjusted rates since August 2016
Published 04 Apr, 2018 12:00am
Harbour Energy makes bid for Santos

Harbour Energy makes bid for Santos

US private investment firm Harbour Energy Tuesday made an all-cash bid for Australian energy giant Santos, valuing the company at Aus$13.5 billion (US$10.3 billion). Santos, a major oil and natural gas firm with interests notably in Papua New Guinea, said
Published 04 Apr, 2018 12:00am
Foreign investment in France hit 10-year high last year

Foreign investment in France hit 10-year high last year

Foreign investment in France rose 16 percent in 2017 to levels not seen for a decade as President Emmanuel Macron's bid to attract money from abroad gains pace, a government report said Tuesday. Public agency Business France said 1,298 foreign investment
Published 04 Apr, 2018 12:00am
Very rare Qing Dynasty bowl sells for $30.4 million

Very rare Qing Dynasty bowl sells for $30.4 million

An extremely rare Qing Dynasty bowl made for the Chinese emperor Kangxi fetched US$30.4 million (HK$239 million) at auction Tuesday, Sotheby's said. The bowl, just under six inches (14.7 cm) in diameter, is decorated with falangcai - painted enamels combi
Published 04 Apr, 2018 12:00am
Kuwait to recruit Ethiopians amid Philippines labour crisis

Kuwait to recruit Ethiopians amid Philippines labour crisis

Kuwait will recruit Ethiopian nationals to make up for a "deficit" in domestic workers, authorities said Tuesday, following the grisly murder of a Filipina maid in the Gulf state. The Philippines banned its citizens from working in Kuwait after the body o
Published 04 Apr, 2018 12:00am
European factory growth knocked by 'Beast from the East'
Currency

European factory growth knocked by 'Beast from the East'

Europe's manufacturing boom stumbled in March as optimism waned and demand ebbed owing to a powerful winter storm, surveys showed on Tuesday, but expansion was still broad-based across the continent. Factories in the currency bloc ended 2017 with record s
Published 04 Apr, 2018 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,338. The traded value of Metals, Energy and COTS/FX was recorded at PKR 5.963 billion and the number of lots traded was 14,080.
Published 04 Apr, 2018 12:00am
CBOT wheat futures lower on technical selling

CBOT wheat futures lower on technical selling

Chicago Board of Trade wheat futures ended lower for the fourth time in five sessions on Monday on technical selling and spillover pressure from slumping soybeans. CBOT May wheat settled down 4-3/4 cents at $4.46-1/4 per bushel.
Published 04 Apr, 2018 12:00am
Ivory Coast farmers predict good harvest of cocoa mid-crop

Ivory Coast farmers predict good harvest of cocoa mid-crop

Ivory Coast cocoa farmers said their trees were loaded with ripe cocoa pods and that sunny intervals last week enabled crops to dry, quelling fears that low rainfall earlier this year might have hit production.
Published 04 Apr, 2018 12:00am
CBOT soyabean futures fall on big supply

CBOT soyabean futures fall on big supply

Chicago Board of Trade soyabean futures fell from three-week highs on Monday, pressured by plentiful supplies and concerns about escalating trade tensions with China. CBOT May soyabeans settled down 9-1/4 cents at $10.35-1/2 a bushel. The contract hit a f
Published 04 Apr, 2018 12:00am
Chinese steel futures rise for fifth straight day
Exchange

Chinese steel futures rise for fifth straight day

Chinese steel futures rose for a fifth straight day on Monday amid expectations that demand in the world's top consumer of the building material will pick up along with construction activity, but prices came off the day's peaks.
Published 04 Apr, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 156,626 tonnes of cargo comprising 90,201 tonnes of import cargo and 66,425 tonnes of export cargo including 8,756 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday.
Published 04 Apr, 2018 12:00am
Subdued business on cotton market
Cotton

Subdued business on cotton market

A kind of dullness prevailed on the cotton market on Tuesday as leading buyers kept on the sideline due to un-availability of quality lint, dealers said. Official spot rate failed to sustain overnight firmness, losing Rs 100 at Rs 7400, they added. In bot
Published 04 Apr, 2018 12:00am
CBOT corn futures flat

CBOT corn futures flat

Chicago Board of Trade corn futures ended near unchanged on Monday as rising trade tensions and spillover pressure from lower soybeans offset support from a lower-than-expected government planting projection released late last week. CBOT May corn settled
Published 04 Apr, 2018 12:00am
Canadian canola futures firmer

Canadian canola futures firmer

ICE Canadian canola futures firmed on Monday on hopes for a lift in export demand as rising trade tensions between the United States and China rattled US markets. Gains were capped by spillover from lower Chicago soyabean prices and hedge-related selling
Published 04 Apr, 2018 12:00am
Yen stays up in Asia
Currency

Yen stays up in Asia

The yen held firm on Tuesday as escalating US-China trade tensions stirred up fears over the outlook for global growth, sapping investors' risk appetite. The dollar was little changed at 105.96 yen, struggling to gain traction after having fallen for thre
Published 04 Apr, 2018 12:00am
Dollar rebounds in Europe; euro gives up gains
Exchange

Dollar rebounds in Europe; euro gives up gains

The dollar rebounded from an early fall on concerns about US-China trade tensions on Tuesday, as foreign exchange markets appeared to shrug off worries that the dispute could damage global growth. Equity markets in the United States sold off heavily on Mo
Published 04 Apr, 2018 12:00am
Early trade in New York: dollar gains as risk appetite improves
Currency

Early trade in New York: dollar gains as risk appetite improves

The dollar rose on Tuesday, led by gains against the yen and Swiss franc, as risk appetite improved and Wall Street's main indexes advanced, helping the currency stabilize after sharp declines the previous day. The outlook for the dollar, however, remains
Published 04 Apr, 2018 12:00am
Dollar weakens against yen in New York
Currency

Dollar weakens against yen in New York

The dollar fell on Monday, dropping versus the yen for a third straight session, as China imposed extra tariffs on US products, escalating a dispute between two of the world's biggest economies. Volume was light as some European markets were closed for th
Published 04 Apr, 2018 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 82.96-82.96 (Previous 82.96-82.96).
Published 04 Apr, 2018 12:00am
Yuan eases
Currency

Yuan eases

China's yuan again eased against the US dollar on Tuesday, as there continued to be corporate demand for the greenback following the previous day's strongest fixing for the Chinese currency since its 2015 devaluation.
Published 04 Apr, 2018 12:00am
Most Asian currencies ease
Exchange

Most Asian currencies ease

Most emerging Asian currencies slipped on Tuesday, as the dollar steadied against the yen after three straight sessions of declines on rising trade tensions between the United States and China.
Published 04 Apr, 2018 12:00am
Sri Lankan rupee slips
Currency

Sri Lankan rupee slips

The Sri Lankan rupee closed weaker on Tuesday, snapping a five-session winning streak, as a bank bought dollars to facilitate equity market outflows, surpassing exporter dollar sales and inward remittances, dealers said. The rupee, which traded at 155.20
Published 04 Apr, 2018 12:00am
Sterling starts April on the up
Currency

Sterling starts April on the up

The pound held steady against a mostly firmer dollar on Tuesday as data showed British manufacturing gaining a bit of momentum and investors shifted their focus from Brexit to the state of the UK economy ahead of an expected rate hike next month. On the f
Published 04 Apr, 2018 12:00am
Aussie, kiwi wallow near recent lows

Aussie, kiwi wallow near recent lows

The Australian dollar hovered near four-month lows while its New Zealand cousin struggled to recover from an almost two-week trough on nervousness around the outlook for global growth amid escalating US-China trade tensions.
Published 04 Apr, 2018 12:00am
Egypt index falls, Gulf markets mostly lower

Egypt index falls, Gulf markets mostly lower

Egyptian stocks fell on Tuesday, hit by a plunge in index heavyweight Global Telecom after the company's majority shareholder withdrew a buyout offer, while Saudi Arabia stabilised after three days of falls. Most Gulf markets were lower or flat in the abs
Published 04 Apr, 2018 12:00am
Tokyo stocks lower

Tokyo stocks lower

Tokyo stocks closed lower on Tuesday, with investor sentiment hit by Wall Street's plunge on fears of a US-China trade war. The benchmark Nikkei 225 index slipped 0.45 percent or 96.29 points to 21,292.29, while the broader Topix index was down 0.29 perce
Published 04 Apr, 2018 12:00am
Wall Street tumbles on technology sector, trade war worries
Exchange

Wall Street tumbles on technology sector, trade war worries

Wall Street shares plunged on Monday as investors fled technology stocks amid resurgent trade war worries, with key indexes trading below their 200-day moving averages and the S&P 500 closing below that pivotal technical level for the first time since Bri
Published 04 Apr, 2018 12:00am
Sri Lankan stocks soar

Sri Lankan stocks soar

Sri Lankan share index ended firmer on Tuesday, edging up from its nine-week closing low hit last week, as investors picked up illiquid shares of Distilleries Company of Sri Lanka Plc, but political woes over a no-confidence motion against the prime minis
Published 04 Apr, 2018 12:00am
Most Southeast Asian stocks lower

Most Southeast Asian stocks lower

Most Southeast Asian stock markets ended lower on Tuesday as Wall Street's overnight plunge, due to a sell-off in tech shares, and anxiety over a potential trade war between the United States and China muted global sentiment. The losses in US stocks were
Published 04 Apr, 2018 12:00am
Indian shares recover

Indian shares recover

Indian shares reversed course to end higher on Tuesday, with ICICI Bank Ltd and State Bank of India leading the gains after the central bank's decision to allow lenders to spread their bond trading losses, in a move that will likely boost the profitabilit
Published 04 Apr, 2018 12:00am
Hong Kong stocks up

Hong Kong stocks up

Hong Kong stocks reversed earlier losses to edge higher on Tuesday, led by gains in consumer goods makers, although caution prevailed amid escalating trade tensions after Beijing unveiled retaliatory trade measures against the United States. At close of t
Published 04 Apr, 2018 12:00am
China stocks down

China stocks down

China stocks ended lower on Tuesday, amid resurgent trade war fears after Beijing unveiled retaliatory trade measures against the United States. At the close, the Shanghai Composite index was down 0.8 percent at 3,136.63, while the blue-chip CSI300 index
Published 04 Apr, 2018 12:00am
Technology, trade fears weighed on European shares

Technology, trade fears weighed on European shares

European stocks retreated on Tuesday as investors began the second quarter in a fragile mood amid international trade tensions and mounting pressure on big technology companies. The pan-European STOXX 600 ended the day down 0.5 percent after falling more
Published 04 Apr, 2018 12:00am
TSX slides
Exchange

TSX slides

Canada's main stock index fell on Monday, led by energy and financial shares, as oil prices tumbled and investors worried about an escalating trade war between the United States and China. The Toronto Stock Exchange's S&P/TSX composite index unofficially
Published 04 Apr, 2018 12:00am
Australian stocks down; New Zealand up

Australian stocks down; New Zealand up

Australian shares ended slightly lower on Tuesday, as gains in material stocks and a surge in energy company Santos countered losses in financial and industrial stocks. The S&P/ASX 200 index closed 0.13 percent, or 7.5 points, lower at 5,751.9, marking it
Published 04 Apr, 2018 12:00am
No Sky fall as FTSE falters

No Sky fall as FTSE falters

Britain's top share index declined with other European bourses at the start of the second quarter, but a few stocks such as Sky managed to rise through the session. Shares in Sky closed up 2.1 percent after Twenty-First Century Fox said it could legally s
Published 04 Apr, 2018 12:00am
Australian diver retires on eve of Games over paralysis fears

Australian diver retires on eve of Games over paralysis fears

Heartbroken Australian diver Taneka Kovchenko retired on the eve of her home Commonwealth Games on Tuesday after medical experts warned that she risked severe paralysis if one more dive went wrong. The 23-year-old, who was a serious medal contender in the
Published 04 Apr, 2018 12:00am
Commonwealth Games: India cleared of doping, warned over needle find

Commonwealth Games: India cleared of doping, warned over needle find

India were cleared of doping but slapped with a "strong written reprimand" on Tuesday after syringes were found in the Commonwealth Games athletes village. The Games' Federation Court said the doctor of India's boxing team injected an unwell fighter with
Published 04 Apr, 2018 12:00am
HXL thrash Hilal Foods as Football Corporate League opens

HXL thrash Hilal Foods as Football Corporate League opens

Fida Haji scored a brilliant hat-trick to help his side Hyundai Xteer Lubricants (HXL) record a formidable 6-0 victory against Hilal Foods on the opening day of Leisure Leagues Corporate League underway here at Olympian Iftikhar Syed Sports Academy. Apart
Published 04 Apr, 2018 12:00am
South Africa beat Australia, take series 3-1

South Africa beat Australia, take series 3-1

Vernon Philander sent Australia crashing to defeat with a sensational spell of bowling on the fifth day of the fourth Test against Australia at the Wanderers Stadium on Tuesday. Philander took a career-best six for 21 as Australia were bowled out for 119,
Published 04 Apr, 2018 12:00am
Pakistan complete 3-0 series whitewash

Pakistan complete 3-0 series whitewash

Pakistan beat the West Indies by eight wickets in the third and final Twenty20 international in Karachi on Tuesday, completing a 3-0 series whitewash. The West Indies scored 153-6 - their highest total of the series - with Andre Fletcher (52) scoring the
Published 04 Apr, 2018 12:00am
Middlesex sign Cartwright as cover for injured Morgan

Middlesex sign Cartwright as cover for injured Morgan

Middlesex have signed Australian international Hilton Cartwright after injuries to England one-day international captain Eoin Morgan and opening batsman Nick Gubbins. The signing of the 26-year-old - who has played two Tests for his country - is a reversa
Published 04 Apr, 2018 12:00am
IMC to lead cleanliness drive of National Stadium

IMC to lead cleanliness drive of National Stadium

Indus Motor Company (IMC), keeping its tradition of being a responsible corporate citizen, has decided to lead a cleanliness drive of National Stadium after the 3rd T20 cricket match at the National Stadium, Karachi. "The purpose of this drive is not only
Published 04 Apr, 2018 12:00am
Anderson becomes most over-worked seam bowler

Anderson becomes most over-worked seam bowler

England quick James Anderson became the most over-worked seam bowler in Test cricket history on Tuesday when he fired down his 30,020th delivery. Midway through the final day of the second Test against New Zealand in Christchurch, he overtook the previous
Published 04 Apr, 2018 12:00am
New Zealand tail secure draw and series win

New Zealand tail secure draw and series win

Gritty tailenders Ish Sodhi and Neil Wagner held out for a dramatic draw in the second Test on Tuesday to give New Zealand the series 1-0 and extend England's dismal away record. England were just four wickets from victory when the second new ball was tak
Published 04 Apr, 2018 12:00am
More evacuees leave Syria's Ghouta as regime eyes reconquest

More evacuees leave Syria's Ghouta as regime eyes reconquest

Buses carrying Syrian civilians and rebels began leaving the last opposition holdout in Eastern Ghouta Tuesday on a second day of evacuations, as the regime eyed the total reconquest of the enclave. Evacuations of Jaish al-Islam fighters and their familie
Published 04 Apr, 2018 12:00am
Netanyahu cancels UN deal on African migrants

Netanyahu cancels UN deal on African migrants

Israeli Prime Minister Benjamin Netanyahu cancelled an agreement with the UN refugee agency on Tuesday aimed at avoiding forced deportations of thousands of African migrants only hours after having announced the deal himself. The stunning turnaround after
Published 04 Apr, 2018 12:00am
Journalists faced arrest, assault in US: watchdog

Journalists faced arrest, assault in US: watchdog

Journalists in the United States were assaulted 45 times last year, and 34 were arrested while covering news, a report from a media rights watchdog said Tuesday. The Reporters Committee for Freedom of the Press, in its first annual assessment of threats t
Published 04 Apr, 2018 12:00am
Europe's clocks 'back on time' after electricity grid fixed

Europe's clocks 'back on time' after electricity grid fixed

Europe's digital clocks are "back on time" after its power operators compensated for a shortfall in the continent's electricity grid because of a row between Serbia and Kosovo, the operators said Tuesday. The power operators association ENTSO-E said in ea
Published 04 Apr, 2018 12:00am
Xi hails Mugabe's successor as 'old friend of China'

Xi hails Mugabe's successor as 'old friend of China'

President Xi Jinping greeted Zimbabwean counterpart Emmerson Mnangagwa as an "old friend" of China on Tuesday as the African leader visited Beijing, which previously backed his ousted predecessor Robert Mugabe. Mnangagwa, who received military training in
Published 04 Apr, 2018 12:00am
Canada appoints first woman to head public broadcaster

Canada appoints first woman to head public broadcaster

Television and film executive Catherine Tait on Tuesday became the first woman to lead Canada's public broadcaster, promising to tell more local stories about women, indigenous and LGBT people, and immigrants. Tait, 60, said she would also boost digital a
Published 04 Apr, 2018 12:00am
UK laboratory says cannot determine spy nerve agent was Russian-made

UK laboratory says cannot determine spy nerve agent was Russian-made

The British military facility analysing the nerve agent used to poison a Russian spy said on Tuesday it could not prove the substance was made in Russia, as the world's chemical weapons watchdog prepared to hold a meeting at Moscow's request.
Published 04 Apr, 2018 12:00am
Trump vows to deploy military to Mexican border

Trump vows to deploy military to Mexican border

US President Donald Trump on Tuesday vowed to deploy the military to the border with Mexico, something he described as a "big step." Cultivating his tough-on-migration image during a White House meeting with Baltic leaders, Trump said "we are going to be
Published 04 Apr, 2018 12:00am
President Donald Trump says he wants US troops 'out' of Syria

President Donald Trump says he wants US troops 'out' of Syria

President Donald Trump reiterated Tuesday that he wants US troops to be pulled out of Syria, but indicated that a decision had not yet been taken. "I want to bring our troops back home. I want to start rebuilding our nation," Trump said, having indicated
Published 04 Apr, 2018 12:00am
Trump claims 'nobody's been tougher' on Russia than him

Trump claims 'nobody's been tougher' on Russia than him

US President Donald Trump defended his embrace of Vladimir Putin Tuesday, saying good relations were important but claiming no one had been tougher on Russia. "If we got along with Russia, that would be a good thing not a bad thing," Trump said, days afte
Published 04 Apr, 2018 12:00am
Copper prices surge
Exchange

Copper prices surge

Copper prices touched one-week highs on Tuesday as investors bought on expectations the escalating trade dispute between China and the United States would not undermine flows of metal. Benchmark copper on the London Metal Exchange ended up 1.2 percent at
Published 04 Apr, 2018 12:00am
Oil edges higher, Brent well below $70

Oil edges higher, Brent well below $70

Oil edged up on Tuesday, supported by a recovery in the equities market and on a technical bounce for crude after the biggest daily percentage drop in almost a year, but Brent futures stayed well below $70 a barrel.
Published 04 Apr, 2018 12:00am
Palm oil declines
Vegetable Oil

Palm oil declines

Malaysian palm oil futures reversed gains on Tuesday evening after hitting a one-month top, declining by nearly 1 percent in a technical correction to two straight sessions of strong rises. The benchmark palm oil contract for June delivery on the Bursa Ma
Published 04 Apr, 2018 12:00am
New York cocoa slumps

New York cocoa slumps

New York cocoa futures on ICE took their biggest one-day tumble in nearly 11 months on Tuesday, falling sharply below the prior session's 1-1/2 year high on profit-taking, while arabica coffee prices turned higher after setting a nine-month low.
Published 04 Apr, 2018 12:00am
Gold down in Asia

Gold down in Asia

Gold prices inched lower on Tuesday after gaining more than 1 percent in the previous session, even as a sell-off in global equities amid concerns over a trade war between China and the United States continued to support the safe-haven metal. Spot gold wa
Published 04 Apr, 2018 12:00am
Gold falls in Europe
Exchange

Gold falls in Europe

Gold prices fell on Tuesday as US stock markets stabilised, easing fears of a deeper sell-off, and the dollar strengthened, making bullion more expensive for users of other currencies. Gold had surged on Monday as falling US share prices and fears of a gl
Published 04 Apr, 2018 12:00am
US MIDDAY: wheat surges

US MIDDAY: wheat surges

US wheat futures surged on Tuesday, led by a 5-percent spike in hard red winter wheat prices, after the US Department of Agriculture rated the US Plains crop in the worst shape in 16 years. Soyabeans and corn rebounded from the prior session's declines on
Published 04 Apr, 2018 12:00am
US MIDDAY: gold tumbles

US MIDDAY: gold tumbles

Gold prices fell on Tuesday as US stock markets stabilized, easing fears of a deeper selloff, and the dollar strengthened, making bullion more expensive for users of other currencies. Gold had surged on Monday as falling US share prices and fears of a glo
Published 04 Apr, 2018 12:00am
NAB authorises complaint verification against ex-Senator Bangash, CDA

NAB authorises complaint verification against ex-Senator Bangash, CDA

Chairman NAB Javed Iqbal chaired a meeting here at NAB headquarters. The meeting took following decisions. The detail is as under: The meeting authorized complaint verification against former Senator Saifullah Bangash, Capital Development Authority (CDA)
Published 04 Apr, 2018 12:00am
FTAs: government urged take FPCCI on board

FTAs: government urged take FPCCI on board

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded that the FPCCI should be taken on board while negotiating bilateral Free Trade Agreements (FTAs) particularly FTA with China. The members of FPCCI's general body unanimously res
Published 04 Apr, 2018 12:00am
Gul Ahmed Textile Mills Limited
Mutual Funds

Gul Ahmed Textile Mills Limited

Gul Ahmed Textile Mills Limited (PSX: GATM) was established in 1953 and is amongst the oldest textile groups of Pakistan. It was subsequently listed on the Karachi Stock Exchange in 1970 and has since been a leading player in the textile sector of the cou
Published 04 Apr, 2018 12:00am
Gul Ahmed Textile Mills Limited
Mutual Funds

Gul Ahmed Textile Mills Limited

Gul Ahmed Textile Mills Limited (PSX: GATM) was established in 1953 and is amongst the oldest textile groups of Pakistan. It was subsequently listed on the Karachi Stock Exchange in 1970 and has since been a leading player in the textile sector of the cou
Published 04 Apr, 2018 12:00am
Thai delegation meets CII chairman

Thai delegation meets CII chairman

A 15 member Thailand's delegation headed by Acting Senior Advisor on Security Coordination, National Security Council, Thailand Mrs. Siriwan Sukorndhaman, called on the Chairman, Council of Islamic Ideology Professor Dr Qibla Ayaz Tuesday.
Published 04 Apr, 2018 12:00am
NA body for allotting land to victims of Tarbela Dam

NA body for allotting land to victims of Tarbela Dam

National Assembly Standing Committee on Human Rights has recommended the chief secretary Punjab and chairman Water and Power Development Authority (WAPDA) to allot land to affectees of Tarbela Dam with approval of Board of Revenue of Punjab. The meeting o
Published 04 Apr, 2018 12:00am
95 percent TDPs repatriated to native land: Jhagra

95 percent TDPs repatriated to native land: Jhagra

Khyber Pakhtunkhwa Governor, Engr Iqbal Zafar Jhagra has said that peace has been restored in Federally Administered Tribal Area (FATA) with the sacrifices of tribal people and launching of successful operations Zarb-e-Azb and Raddul Fasaad.
Published 04 Apr, 2018 12:00am
Kashmir Solidarity Day on Friday

Kashmir Solidarity Day on Friday

Kashmir Solidarity Day will be observed on Friday (April 6) to condemn the killings of over 20 Kashmiris and injuring over 200 by Indian occupied forces in occupied territory on Sunday last. According to official sources, the day is being observed to give
Published 04 Apr, 2018 12:00am
PM, others to attend BFA on April 8: Wang Yi

PM, others to attend BFA on April 8: Wang Yi

World leaders including Prime Minister Shahid Khaqan Abbasi will attend Boao Forum for Asia (BFA) that is to be inaugurated by President Xi Jinping on Sunday at a Chinese coastal city in Hainan Province. This was announced by Chinese State Councilor and F
Published 04 Apr, 2018 12:00am
Strike observed in Jaranwala over two tragic deaths

Strike observed in Jaranwala over two tragic deaths

Complete shutter-down strike was observed in Jaranwala to mourn and protest the tragic death of 7-year old student Mubashra three days back in Islampura and murder of Abida BiBi of G C University Faisalabad, while members of Bar Association Jaranwala boyc
Published 04 Apr, 2018 12:00am
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