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Sep 21, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-05-04
CBOT soyabean futures higher

CBOT soyabean futures higher

Chicago Board of Trade soyabean futures ended higher on Tuesday, led by strength in soyameal tied to worries about supplies from drought-hit Argentina, the world's top soyameal supplier, traders said. CBOT July soyabeans settled up 4-3/4 cents at $10.53-1
Published 04 May, 2018 12:00am
Activities at Karachi and Qasim port

Activities at Karachi and Qasim port

The Karachi Port handled 171,743 tonnes of cargo comprising 134,501 tonnes of import cargo and 37,242 tonnes of export cargo including 4,856 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 1
Published 04 May, 2018 12:00am
Prices remain stable
Cotton

Prices remain stable

Persistent demand helped rates to maintain present levels on the cotton market on Thursday in the process of trading activity, dealers said. The official spot rate was unchanged at Rs 7500, they added. In both Sindh and Punjab, seed cotton prices were at
Published 04 May, 2018 12:00am
Canadian canola futures fall

Canadian canola futures fall

ICE Canadian canola futures slipped on Tuesday, weighed down by weaker soyaoil futures. Lack of buying from crushers due to weakening crush margins also weighed on canola. Technical-trading funds were on the sidelines, a trader said, as they have built an
Published 04 May, 2018 12:00am
New cotton crop may be delayed by one month
Cotton

New cotton crop may be delayed by one month

Fears are being expressed in trading circles that the new cotton crop (August 2018/July 2019) may be delayed by three to four weeks due to continuing delay in the availability of irrigation water. Thus it is now presumed that the new crop (August 2018/Jul
Published 04 May, 2018 12:00am
New cotton crop may be delayed by one month
Cotton

New cotton crop may be delayed by one month

Fears are being expressed in trading circles that the new cotton crop (August 2018/July 2019) may be delayed by three to four weeks due to continuing delay in the availability of irrigation water. Thus it is now presumed that the new crop (August 2018/Jul
Published 04 May, 2018 12:00am
Power-for-all push risks leaving out Africa's poorest

Power-for-all push risks leaving out Africa's poorest

Parts of Africa will get left behind in the global push to provide electric power to all unless national governments and the international community agree on a plan for faster action in places that are lagging, a top energy official has warned. Of the rou
Published 04 May, 2018 12:00am
French business investment rebound on track despite Q1 slowdown

French business investment rebound on track despite Q1 slowdown

A rebound in French business investment is to stay on track this year despite a slowdown at the start of 2018, the head of the French central bank said on Thursday. French economic growth slowed in the first quarter to 0.3 percent from 0.7 percent in the
Published 04 May, 2018 12:00am
UK services firms struggle to recover from March slowdown

UK services firms struggle to recover from March slowdown

Britain's services sector struggled to recover in April from a sharp slowdown in March, according to a major survey which seals expectations that the Bank of England is now highly unlikely to raise interest rates rise next week.
Published 04 May, 2018 12:00am
Turkish inflation surges, pushes lira to record low
Currency

Turkish inflation surges, pushes lira to record low

Turkish consumer price inflation jumped more than expected in April, data showed on Thursday, sending the lira to a record low on concern about the central bank's failure to rein in prices. Inflation climbed to almost 11 percent year-on-year, stoked by th
Published 04 May, 2018 12:00am
Spotify narrows losses as subscribers grow
Exchange

Spotify narrows losses as subscribers grow

Top music streaming platform Spotify said Wednesday that it narrowed its losses in the first quarter as it kept a steady growth of subscribers. Filing earnings for the first time in the wake of its listing a month ago on the New York Stock Exchange, the S
Published 04 May, 2018 12:00am
New Zealand wage growth tepid in Q1

New Zealand wage growth tepid in Q1

New Zealand's unemployment rate dropped to a nine-year low of 4.4. percent in the first quarter, official figures showed on Wednesday, but stubbornly low wage growth left the central bank all-but-certain to signal it would keep rates on hold for now. The
Published 04 May, 2018 12:00am
Brazil industry underwhelms for a third month in March

Brazil industry underwhelms for a third month in March

Industrial output in Brazil contracted unexpectedly in March, the latest in a string of weak data suggesting a recovery in Latin America's largest economy hit a bump in the first quarter. Production fell 0.1 percent from February, government statistics ag
Published 04 May, 2018 12:00am
Dollar slips in Asia
Currency

Dollar slips in Asia

The dollar traded below a four-month high against a basket of currencies on Thursday, with the focus shifting to economic data after the Federal Reserve did little to alter market expectations for further interest rate rises this year. On Wednesday, the F
Published 04 May, 2018 12:00am
Euro bounces off four-month low in Europe
Currency

Euro bounces off four-month low in Europe

The euro rose off four-month lows on Thursday, shrugging off data showing an unexpected slowdown in eurozone inflation, while elsewhere most currencies recovered some ground versus the dollar as the greenback's recent rally paused.
Published 04 May, 2018 12:00am
Dollar dips in New York over Fed's indication
Currency

Dollar dips in New York over Fed's indication

The US dollar fell from 2018 highs set earlier on Wednesday after the Federal Reserve indicated it may allow inflation to run above its 2 percent target, raising concerns that monetary accommodation will stay loose even as they hike rates. The US central
Published 04 May, 2018 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 82.98-82.98 (Previous 82.98-82.98).
Published 04 May, 2018 12:00am
Sri Lankan rupee steadies
Currency

Sri Lankan rupee steadies

The Sri Lankan rupee ended steady on Thursday, holding near the record low hit in the previous session, as importer dollar demand was met by greenback sales by state banks, dealers said, while a top central bank official warned against market manipulation
Published 04 May, 2018 12:00am
Asian currencies mixed
Exchange

Asian currencies mixed

Some Asian currencies edged higher on Thursday as the dollar rally paused after the Federal Reserve kept interest rates steady, prompting investors to book profits on the greenback. The dollar's index against a basket of six major peers fell 0.03 percent
Published 04 May, 2018 12:00am
Yuan extends losses

Yuan extends losses

China's yuan fell further against the US dollar on Thursday, reaching a three-month low as the greenback remained strong and the official midpoint setting was the softest since January. On Wednesday, the yuan dropped 0.5 percent against the dollar, its bi
Published 04 May, 2018 12:00am
Sterling reverses gains

Sterling reverses gains

Sterling trimmed gains on Thursday after a survey showed Britain's services sector struggled to recover in April from a slowdown in March, further dimming expectations of an interest rate hike next week. Sterling reversed gains and turned 0.2 percent lowe
Published 04 May, 2018 12:00am
Aussie, kiwi up

Aussie, kiwi up

The Australian dollar rose above one-year lows on Thursday helped by solid economic data while its New Zealand cousin inched higher after three straight sessions of declines. The Australian dollar was last up 0.4 percent at $0.7522. It went as deep as $0.
Published 04 May, 2018 12:00am
Middle East markets down on Iran concerns, EM weakness
Exchange

Middle East markets down on Iran concerns, EM weakness

Middle East stock markets moved down in line with global emerging markets and because of persisting geopolitical tensions, as the risk of the United States pulling out of the Iran nuclear deal looms. The Saudi Arabian index was in negative territory most
Published 04 May, 2018 12:00am
Hong Kong stocks lower

Hong Kong stocks lower

Hong Kong shares tracked Asian markets lower on Thursday, as investors harbour very little hope that the Sino-US trade talks will lead to a breakthrough. The Hang Seng index fell 1.3 percent to 30,313.37, while the China Enterprises Index lost 1.4 percent
Published 04 May, 2018 12:00am
Treasury yields dip

Treasury yields dip

US Treasury yields for most maturities fell on Wednesday as a quarterly refunding program that aims to finance the country's massive fiscal deficit came in short of expectations, reducing the pressure on prices caused by the increase in debt supply. Treas
Published 04 May, 2018 12:00am
Treasury yields dip

Treasury yields dip

US Treasury yields for most maturities fell on Wednesday as a quarterly refunding program that aims to finance the country's massive fiscal deficit came in short of expectations, reducing the pressure on prices caused by the increase in debt supply. Treas
Published 04 May, 2018 12:00am
Australian, New Zealand shares climb
Currency

Australian, New Zealand shares climb

Australian shares rose to a three-month high on Thursday as investors cheered a weaker local currency, while firmer commodities prices boosted materials. The S&P/ASX 200 index climbed 0.8 percent or 48.10 points to 6,098.3 at the close of trade, adding to
Published 04 May, 2018 12:00am
Indian shares slip

Indian shares slip

Indian shares slipped for a second straight session on Thursday, dragged by IT stocks, while weaker global peers amid caution about the Sino-US trade talks also weighed on investor sentiment. The benchmark BSE index closed down 0.21 percent at 35,103.14,
Published 04 May, 2018 12:00am
China stocks rise
Exchange

China stocks rise

China stocks rose on Thursday, aided by an afternoon rally in technology shares as a US trade delegation arrived in Beijing for key talks over tariffs and other issues. The blue-chip CSI300 index rose 0.8 percent to 3,793.00, while the Shanghai Composite
Published 04 May, 2018 12:00am
European shares retreat as trade worries weigh on Wall Street
Currency

European shares retreat as trade worries weigh on Wall Street

European bourses closed in negative territory on Thursday at the end of a session laden with corporate earnings and as worries over global trade tensions weighed on Wall Street. The pan-European STOXX 600 index fell 0.75 percent, retracing from three-mont
Published 04 May, 2018 12:00am
Sri Lankan stocks higher

Sri Lankan stocks higher

Sri Lankan shares ended marginally firmer, led by financials, though gains were muted as investors looked for fresh cues from political and economic fronts, brokers said. The Colombo stock index ended 0.08 percent higher at 6,523.88, recovering from its l
Published 04 May, 2018 12:00am
South East Asian markets slip
Exchange

South East Asian markets slip

Southeast Asian stock markets slipped on Thursday as US-China trade tension hurt investor risk appetite, with Indonesia sinking to an over seven-month closing low as foreign investors continued to trim their equity exposure. A US trade delegation arrived
Published 04 May, 2018 12:00am
Smith & Nephew, financials knock FTSE off three-month high

Smith & Nephew, financials knock FTSE off three-month high

Britain's top share index slipped on Thursday as a tumble in Smith & Nephew's shares and weakness across financials and health stocks dragged the FTSE 100 off a three-month high. Despite a firmer start to trading and a weaker pound, the blue chip FTSE 100
Published 04 May, 2018 12:00am
EU calls US trade threats 'dangerous' for growth
Currency

EU calls US trade threats 'dangerous' for growth

The EU warned Thursday that a rise in trade protectionism exemplified by the Trump administration's tariffs was the biggest threat to eurozone growth despite solid economic forecasts for the next two years. Brussels unveiled the optimistic forecasts for 2
Published 04 May, 2018 12:00am
Tesla reports narrower than expected losses

Tesla reports narrower than expected losses

Tesla on Wednesday reported that it lost less money than the market expected and said it was making progress ramping up production of Model 3 electric cars. The automaker reported net losses of $784.6 million on revenue of $3.4 billion in the first three
Published 04 May, 2018 12:00am
Cambridge Analytica to close after Facebook data scandal
Kerb

Cambridge Analytica to close after Facebook data scandal

Cambridge Analytica, the British marketing analytics firm, announced Wednesday that it was closing and would file for insolvency in Britain and the United States after failing to recover from the Facebook data scandal. The decision follows weeks of intens
Published 04 May, 2018 12:00am
World Bank grants Kenya $1 billion loan for infrastructure projects

World Bank grants Kenya $1 billion loan for infrastructure projects

The World Bank said on Thursday it had given Kenya a $1 billion concessional loan for energy, transport and water infrastructure projects in poorer regions in its north and northeast. These regions have benefited little from Kenya's strong economic perfor
Published 04 May, 2018 12:00am
Canada racks up record trade deficit, but exports rebound

Canada racks up record trade deficit, but exports rebound

Canada's trade deficit in goods jumped to a record high in March on a surge in imports, but analysts took heart in data showing healthy export growth, a sign the economy is performing well. Statistics Canada said on Thursday that the deficit hit C$4.14 bi
Published 04 May, 2018 12:00am
Australia's biggest bank loses 20 million customer records

Australia's biggest bank loses 20 million customer records

Australia's troubled Commonwealth Bank admitted Thursday it had lost financial records for almost 20 million customers in a major security blunder - but insisted there was no need to worry. The nation's biggest company said it could not find two magnetic
Published 04 May, 2018 12:00am
US trade deficit narrows sharply; labour market tightening

US trade deficit narrows sharply; labour market tightening

The US trade deficit narrowed sharply in March as exports increased to a record high amid a surge in deliveries of commercial aircraft and soybeans, bolstering the economy's outlook heading into the second quarter. While other data on Thursday showed a mo
Published 04 May, 2018 12:00am
FIFA boss says Russia 'absolutely ready' for World Cup

FIFA boss says Russia 'absolutely ready' for World Cup

FIFA boss Gianni Infantino said Thursday Russia was "absolutely ready" to host the World Cup and thanked President Vladimir Putin for his commitment to the football showpiece. Infantino met Putin in the Black Sea resort of Sochi as Russia races against th
Published 04 May, 2018 12:00am
Neymar return to Paris boosts World Cup hopes

Neymar return to Paris boosts World Cup hopes

An almost fit again Neymar will fly from Rio to Paris on Friday some 40 days ahead of the World Cup finals in Russia, French daily L'Equipe has reported. While his return is too late to have any impact for his club, Brazil fans are desperate for their ico
Published 04 May, 2018 12:00am
'Proud' Semenya back on track after IAAF rule change

'Proud' Semenya back on track after IAAF rule change

Caster Semenya will bid to move the spotlight from new IAAF rules for female athletes who have high testosterone levels firmly back to the track as the Diamond League gets under way in Doha on Friday. The South African, the double Olympic 800 metres champ
Published 04 May, 2018 12:00am
India refuse pink ball day-night Test on Australia tour

India refuse pink ball day-night Test on Australia tour

India have refused to play a day-night Test during the tour of Australia later this year because of doubts over the quality of the pink ball, their cricket board said Thursday. "Yes, it's pretty clear that we are not playing a day-night Test in Australia,
Published 04 May, 2018 12:00am
Kohli to play for Surrey in June

Kohli to play for Surrey in June

India captain Virat Kohli will play for English County Championship side Surrey in June with an eye to adapting to English conditions ahead of leading his country on tour later in the summer. Kohli should be available for three County Championship games a
Published 04 May, 2018 12:00am
Ex-footballer Ferdinand refused pro boxing licence

Ex-footballer Ferdinand refused pro boxing licence

Former Manchester United and England defender Rio Ferdinand said Thursday he was "disappointed" after being refused a professional licence by British boxing authorities. Ferdinand, coached by former WBC super-middleweight champion Richie Woodhall, was bei
Published 04 May, 2018 12:00am
Ethiopia suspends football championship after attack on referee

Ethiopia suspends football championship after attack on referee

The Ethiopian Football Federation decided Thursday to suspend the country's football championships because a team manager beat up a referee on Monday after he had awarded a goal to their rivals. During a special meeting to discuss the incident, the federa
Published 04 May, 2018 12:00am
North, South Korea unite at table tennis worlds

North, South Korea unite at table tennis worlds

North and South Korea opted against playing each other at the world table tennis championships on Thursday, deciding instead to field a joint women's team for the semi-finals. The move earned a round of applause from world table tennis officials as the tw
Published 04 May, 2018 12:00am
Liverpool reach Champions League final

Liverpool reach Champions League final

Liverpool held off a spirited Roma fightback to reach the Champions League final 7-6 on aggregate despite losing a hectic semi-final second leg in Rome on Wednesday. Jurgen Klopp's side will play defending champions Real Madrid in Kiev on May 26 after qua
Published 04 May, 2018 12:00am
Serena pulls out of Madrid with fever

Serena pulls out of Madrid with fever

Serena Williams has pulled out of the Madrid WTA tournament due to a high fever, organisers said Thursday. "Unfortunately I have had to pull out of Madrid because I have had a fever and I don't feel 100 percent," the official Mutua Madrid Open site quoted
Published 04 May, 2018 12:00am
New Zealand weighing first Pakistan tour since 2003

New Zealand weighing first Pakistan tour since 2003

New Zealand say they are considering their first cricket tour to Pakistan since 2003 but Australia on Thursday shut the door on an appearance in the insurgency-wracked country. New Zealand Cricket is carrying out "due diligence" after a request to play a
Published 04 May, 2018 12:00am
Turkish cartoonist wins press freedom prize

Turkish cartoonist wins press freedom prize

Turkish cartoonist Musa Kart, who has been convicted of helping "terrorist" organisations and sentenced to nearly four years in prison, was awarded a top prize on Thursday by the organisation Cartooning for Peace. The Swiss group hands out the honour, kno
Published 04 May, 2018 12:00am
Russian fighter jet crashes off Syria, both pilots killed

Russian fighter jet crashes off Syria, both pilots killed

A Russian fighter jet crashed after taking off from an airbase in Syria on Thursday, killing both pilots, Moscow's defence ministry said in a statement carried by news agencies. "As it was climbing after taking off from the Hmeimim airbase, the Russian fi
Published 04 May, 2018 12:00am
Syrian rebels start pull-out from south Damascus

Syrian rebels start pull-out from south Damascus

Syrian rebels began pulling out of an enclave they have surrendered in south Damascus on Thursday, but a few fighters in another besieged area near Homs shelled government areas after their groups agreed to quit. The enclaves in south Damascus and near Ho
Published 04 May, 2018 12:00am
Iran says will quit nuclear deal if US walks away
Exchange

Iran says will quit nuclear deal if US walks away

Iran warned on Thursday that it will quit a landmark nuclear deal with world powers if President Donald Trump pulls the United States out of the accord. "If the United States withdraws from the nuclear deal, then we will not stay in it," Ali Akbar Velayat
Published 04 May, 2018 12:00am
Slain Afghan journalists remembered on World Press Freedom Day

Slain Afghan journalists remembered on World Press Freedom Day

Afghanistan's slain journalists were remembered on World Press Freedom Day Thursday, days after the deadliest attack on the country's media since the fall of the Taliban in 2001. Ten journalists, including Agence France-Presse chief photographer Shah Mara
Published 04 May, 2018 12:00am
CPJ welcomes Mumbai court's convictions

CPJ welcomes Mumbai court's convictions

The Committee to Protect Journalists welcomed a Mumbai court's convictions on Wednesday of nine people, including the mastermind of the murder of investigative journalist Jyotirmoy Dey nearly seven years ago. A court that hears organized crime cases found
Published 04 May, 2018 12:00am
One killed in shooting in Amsterdam

One killed in shooting in Amsterdam

One person was killed and another injured in a shooting in Amsterdam, a major tourist hub, Dutch police said Thursday. "There was a shooting on Wednesday evening in the Krootstraat street in the southeast of Amsterdam. There were two casualties," they sai
Published 04 May, 2018 12:00am
South Africa miners reach landmark silicosis settlement

South Africa miners reach landmark silicosis settlement

Thousands of miners in South Africa affected by silicosis from exposure to dust reached a breakthrough settlement worth $390 million with several mining companies on Thursday, their lawyers said. The settlement will cover those who worked for the mining g
Published 04 May, 2018 12:00am
South Africa miners reach landmark silicosis settlement

South Africa miners reach landmark silicosis settlement

Thousands of miners in South Africa affected by silicosis from exposure to dust reached a breakthrough settlement worth $390 million with several mining companies on Thursday, their lawyers said. The settlement will cover those who worked for the mining g
Published 04 May, 2018 12:00am
Test for PM as England votes in local elections

Test for PM as England votes in local elections

Voters in England went to the polls Thursday to choose local councillors in the first electoral test for Prime Minister Theresa May since she lost her parliamentary majority last year. May's Conservative party is braced for defeats in London, where all 32
Published 04 May, 2018 12:00am
In first under Trump, Guantanamo Bay inmate transferred

In first under Trump, Guantanamo Bay inmate transferred

A Saudi inmate from Guantanamo Bay has arrived back in the kingdom after the Pentagon said it was transferring him to his homeland, the first such move under President Donald Trump. The widely expected transfer of Ahmed Haza al-Darbi, who pleaded guilty t
Published 04 May, 2018 12:00am
Trump admits reimbursing lawyer for porn star payoff

Trump admits reimbursing lawyer for porn star payoff

US President Donald Trump on Thursday admitted he reimbursed his lawyer for a $130,000 payment to a porn star, ending months of White House denial. Trump tweeted that his personal lawyer Michael Cohen used a retainer to pay off Stormy Daniels, who claims
Published 04 May, 2018 12:00am
Beijing 'installs missiles' on South China Sea islands

Beijing 'installs missiles' on South China Sea islands

Beijing on Thursday reasserted its right to build "defence" facilities in the disputed South China Sea, but declined to confirm reports it had installed new missiles on artificial islands it has built in the region. The Chinese army installed anti-ship an
Published 04 May, 2018 12:00am
Haiti maintains ties with Taiwan at Beijing's expense

Haiti maintains ties with Taiwan at Beijing's expense

Haiti confirmed Wednesday it would maintain diplomatic ties with Taiwan, a day after the neighboring Dominican Republic established relations with China. "Every country is moving in one direction or another, but for now, it is with Taiwan that Haiti has d
Published 04 May, 2018 12:00am
US commandos help Saudis against Yemen rebels

US commandos help Saudis against Yemen rebels

A team of elite US Green Beret commandos deployed to the Saudi border of Yemen last year to help find and destroy Huthi rebel missile caches, the New York Times reported Thursday. Since Yemen's brutal conflict erupted three years ago, Huthi rebels have fi
Published 04 May, 2018 12:00am
Shanghai base metals mixed
Exchange

Shanghai base metals mixed

Shanghai base metals were mixed on Thursday as the market fretted about the outcome of Sino-US trade talks that would start later in Beijing. The world's two biggest economies have imposed import tariffs on each other's goods, including Chinese aluminium
Published 04 May, 2018 12:00am
Copper climbs, zinc sinks to lowest since September

Copper climbs, zinc sinks to lowest since September

Copper rose on Thursday as the dollar weakened and the market waited for cues from China-US trade talks underway in Beijing. The world's two biggest economies have imposed import tariffs on each other's goods, including Chinese aluminium and US aluminium
Published 04 May, 2018 12:00am
Oil up on Opec output cuts, worries about Iran sanctions

Oil up on Opec output cuts, worries about Iran sanctions

Oil prices rose on Thursday, boosted by Opec production cuts and the potential for new US sanctions against Iran, but gains were limited by growing US crude inventories. Brent crude futures rose 26 cents to settle at $73.62 a barrel, a 0.35 percent gain.
Published 04 May, 2018 12:00am
Cocoa sector must push for crop diversity on farms

Cocoa sector must push for crop diversity on farms

The cocoa sector must move away from a "selfish" focus on ensuring supplies and towards promoting crop diversity to make the sector more sustainable, an executive with Swiss chocolate maker Barry Callebaut said on Monday.
Published 04 May, 2018 12:00am
Malaysian palm oil slides to 16-month low
Exchange

Malaysian palm oil slides to 16-month low

Malaysian palm oil futures slid to their lowest in over a year in late trade on Thursday, charting a sixth day of losses in eight, as traders turned bearish over weakening export demand. The market had been range-bound before edging higher at the midday b
Published 04 May, 2018 12:00am
Arabica coffee climbs, raw sugar slips
Currency

Arabica coffee climbs, raw sugar slips

Arabica coffee futures on ICE rose on Thursday, boosted by fund short-covering, while raw sugar fell as ample global supplies remained in focus. July arabica coffee settled up 0.6 cent, or 0.5 percent, at $1.2435 per lb, but remained below the prior sessi
Published 04 May, 2018 12:00am
Gold extends gains in New York

Gold extends gains in New York

Gold prices extended gains on Wednesday after the US Federal Reserve's dovish remarks weakened the dollar against a basket of currencies, yet bullion remained vulnerable to a possible rising greenback and weak investment demand. In a statement following t
Published 04 May, 2018 12:00am
Gold moves up in Asia

Gold moves up in Asia

Gold prices rose for a second session on Thursday after the US Federal Reserve held interest rates steady as expected at the end of a two-day policy meeting, while investors awaited US-China trade talks. Spot gold rose 0.2 percent to $1,307.05 per ounce a
Published 04 May, 2018 12:00am
Gold extends gains in European trade

Gold extends gains in European trade

Gold prices gained on Thursday after the US central bank reassured investors that increases to interest rates would be gradual, with geopolitical uncertainties also providing support. Spot gold rose for a second session, firming by 0.8 percent to $1,315.0
Published 04 May, 2018 12:00am
US MIDDAY: wheat down

US MIDDAY: wheat down

Following are US trade expectations for the resumption of grain and soya complex trading Wheat down 5 to 6 cents per bushel at the Chicago Board of Trade at 8:30 am CDT (1330 GMT) on Thursday. Wheat lower on profit-taking a day after the benchmark CBOT Ju
Published 04 May, 2018 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

Gold prices gained on Thursday, one day after the US central bank reassured investors that increases to interest rates would be gradual and as the US dollar softened, with geopolitical uncertaiinties also providing support Investors are awaiting US jobs d
Published 04 May, 2018 12:00am
Dr Shakeel Afridi issue: no truth in deal & jailbreak reports: FO

Dr Shakeel Afridi issue: no truth in deal & jailbreak reports: FO

Foreign Office on Thursday denied any "deal" under consideration between Pakistan and the United States to swap Dr Shakeel Afridi, who traced down al-Qaeda chief Osama bin Laden, with Husain Haqqani, Pakistan's former ambassador to the US. In his weekly m
Published 04 May, 2018 12:00am
Over 90 percent Pakistanis have no access to banking services: ADB

Over 90 percent Pakistanis have no access to banking services: ADB

The Asian Development Bank (ADB) has said that more than 90 percent people in Pakistan have still no access to banking services. The ADB's latest report 'Development Effectiveness Review 2017' stated that in some of the region's poorest countries, Afghani
Published 04 May, 2018 12:00am
Model Town tragedy: ATC seeks custody of JIT report

Model Town tragedy: ATC seeks custody of JIT report

An Anti-Terrorism Court on Thursday issued notice to prosecution department in an application seeking custody of Joint Investigation Team's (JIT) report on Model Town killings incident. The court was hearing the application of Pakistan Awami Tehreek (PAT)
Published 04 May, 2018 12:00am
Punjab Safe Cities Authority shares IC3 Performance Review

Punjab Safe Cities Authority shares IC3 Performance Review

Punjab Safe Cities Authority takes pleasure in sharing its Integrated Command, Control and Communication Centre's (IC3) Performance Review for the month of April 2018. In a bid to serve E-Data requests by Punjab Police and other LEAs, PPIC3 centre provide
Published 04 May, 2018 12:00am
Security now intrinsic in PITB's data centre: Dr Umar

Security now intrinsic in PITB's data centre: Dr Umar

"Our journey with VMware has transformed our IT infrastructure to become integrated, consolidated, and homogenous with the availability necessary to meet Pakistan's growing technology and business needs, remarked Dr Umar Saif, Chairman Punjab Information
Published 04 May, 2018 12:00am
Bilawal to visit Lahore on May 6

Bilawal to visit Lahore on May 6

Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto is arriving in the city on May 06, to spend a busy week with party workers. Party source said Bilawal Bhutto would address two rallies during his stay in the city. He will address party workers in the a
Published 04 May, 2018 12:00am
Condition of Karachi is enough to show PPP's performance: Shahbaz

Condition of Karachi is enough to show PPP's performance: Shahbaz

Pakistan Muslim League-Nawaz (PML-N) Sindh's senior leaders met Punjab Chief Minister Muhammad Shahbaz Sharif here on Thursday and discussed political situation in the country. Those who called on Shehbaz Sharif included Minister of State for National Foo
Published 04 May, 2018 12:00am
GCU Job Fair receives overwhelming response

GCU Job Fair receives overwhelming response

A job fair at the Government College University Lahore Thursday received an overwhelming response as thousands of university graduates and final year students flocked to the reputed international and national organizations.
Published 04 May, 2018 12:00am
Need for imparting vocational training to youths stressed
Exchange

Need for imparting vocational training to youths stressed

About 3.2 per cent youth is entering every year into the job market without any proper vocational and technical skills and hence, its employability in the job market is one of the major challenges confronted by Pakistani, said Farooq Yusuf Acting Presiden
Published 04 May, 2018 12:00am
'Ties between Pakistan, Saudi Arabia everlasting'

'Ties between Pakistan, Saudi Arabia everlasting'

Secretary General, Jamaat-e-Islami, Liaqat Baloch, who is also Secretary General of the MMA, has said that the relations between Saudi Arabia and Pakistan were everlasting and based on the common faith of their people. He was presiding over a meeting of t
Published 04 May, 2018 12:00am
China keen to set up furniture manufacturing units
Exchange

China keen to set up furniture manufacturing units

Furniture manufacturers from Guangzhou also known as Canton, most populous city of the province of Guangdong in southern China, have shown interest in establishing furniture manufacturing units through joint ventures in Pakistan.
Published 04 May, 2018 12:00am
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