News Archives for Print - 2018-05-07

The Weather

The weather report on Sunday (May 06, 2018) and the forecast for Monday (May 07, 2018).

Published 07 May, 2018 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DECEMBER 2017)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 07 May, 2018 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (April 30 to May 04,2018).

Published 07 May, 2018 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 07 May, 2018 12:00am

India announces government bond purchases

India's central bank unexpectedly announced it would buy 100 billion rupees ($1.50 billion) of government bonds via open market operation, after failing to sell all the debt it had offered to bidders earlier on Friday. It was the third straight week when

Published 07 May, 2018 12:00am

India announces government bond purchases

India's central bank unexpectedly announced it would buy 100 billion rupees ($1.50 billion) of government bonds via open market operation, after failing to sell all the debt it had offered to bidders earlier on Friday. It was the third straight week when

Published 07 May, 2018 12:00am

Currency

Slowing growth is another headwind for Asian currencies

The spectre of slower global economic growth presents another threat for Asian currencies, many of which are already under pressure from rising US yields and capital outflows. Recent economic data showing a cooling in Asian exports and in business activit

Published 07 May, 2018 12:00am

Foreigners resume net buying of Saudi stocks

Foreign investors resumed net buying of Saudi Arabian equities last week by a small margin, after turning net sellers in the previous week, exchange data showed on Sunday. In the week through last Thursday, foreigners purchased about $21 million of stocks

Published 07 May, 2018 12:00am

Most Gulf markets up, Saudi petchems up on firmer oil

Most stock markets in the Gulf posted minor gains on Sunday, reflecting last week's positive close in international stocks and on the back of firmer oil prices. In Saudi Arabia, the benchmark index edged up 0.1 percent, lifted by gains in the petrochemica

Published 07 May, 2018 12:00am

Currency

As currencies weaken, Asia's original sinners go for classic defence

To deal with a familiar combination of falling currencies and uncertainty about economic growth, Asian central banks are reverting to their classic policy playbook. They are intervening in currency markets while concurrently injecting cash into their econ

Published 07 May, 2018 12:00am

China's money rates ease

China's primary money rates slipped this week as cash demand eased after the month-end peak, prompting the central bank to drain funds from the market for a second straight week. Markets are focused on trade talks between China and the United States being

Published 07 May, 2018 12:00am

Cboe tweaks VIX auction process as profit exceeds estimates

Cboe Global Markets Inc said on Friday it was making changes to the auction process for its Volatility Index (VIX), known as Wall Street's fear gauge, which helped drive the exchange operator to record earnings in the latest quarter. Billions of dollars i

Published 07 May, 2018 12:00am

Apple and Buffett saw value, and acted

Apple Inc was not the only one to leap on a chance to buy its stock at a fat discount last quarter as Warren Buffett stepped in to scoop up an additional 75 million shares for Berkshire Hathaway at the same time. Between them - the two biggest players in

Published 07 May, 2018 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 82.98-82.98 (Previous 82.98-82.98).

Published 07 May, 2018 12:00am

Currency

US 10-year three percent yield in April boosted FX, bond trade volumes

Currency and US Treasury trading volumes picked up in late April when benchmark 10-year US yield reached 3 percent, its highest level in more than four years, data released by NEX Group plc showed on Wednesday. Daily volume in spot foreign exchange on NEX

Published 07 May, 2018 12:00am

Currency

US 10-year three percent yield in April boosted FX, bond trade volumes

Currency and US Treasury trading volumes picked up in late April when benchmark 10-year US yield reached 3 percent, its highest level in more than four years, data released by NEX Group plc showed on Wednesday. Daily volume in spot foreign exchange on NEX

Published 07 May, 2018 12:00am

Currency

Corporate Europe senses relief as euro falls from peak

The recent recovery in the dollar has raised hopes that currency turbulence for European corporates will now subside, after first quarter earnings took a hit from the stronger euro. Chemical groups Bayer on Thursday became the latest euro zone company aff

Published 07 May, 2018 12:00am

Pedal power: the rise of cargo bikes in Germany

Whether they're hauling parcels or children, cargo bikes are becoming a familiar sight in German cities as the nippy, clean alternative to cars and delivery vans - and shaking up urban transport in the process. A desire to go green has been key to the ris

Published 07 May, 2018 12:00am

NTT Group to launch smart cities initiative with Dell Technologies

NTT Group (NTT, NTT DATA, NTT Communications and Dimension Data) has expanded its partnership with Dell Technologies to include smart city initiatives. The companies will be collaborating on the first smart city proof of concept with the City of Las Vegas

Published 07 May, 2018 12:00am

How Samsung fell behind Sony and LG in the premium TV market

At the 2013 annual Consumer Electronics Show in Las Vegas, flashy organic light-emitting diode (OLED) televisions sporting credit card-thin screens were at the front and centre of Samsung Electronics' new gadgets display.

Published 07 May, 2018 12:00am

'Apollo Global approaches Xerox about possible acquisition'

Buyout firm Apollo Global Management LLC has approached Xerox Corp to express interest in a possible acquisition, casting new uncertainty over the US printer company's $6.1 billion sale to Japan's Fujifilm Holdings , people familiar with the matter said o

Published 07 May, 2018 12:00am

Twitter urges users to change 'unmasked' Passwords

Twitter on Thursday urged its more than 300 million users to change their passwords, saying they had been unintentionally "unmasked" inside the company by a software bug. The social media site said it found no sign that hackers accessed the exposed data,

Published 07 May, 2018 12:00am

Facebook messaging app adds real time translations

Facebook on May 1 gave its popular Messenger app the ability to translate missives in real time, deploying artificial intelligence to enable text conversations between people using different languages. Messenger has become a tool for businesses to connect

Published 07 May, 2018 12:00am

Volkswagen still looking at whether to spin-off assets: CEO

Volkswagen is still looking at whether to spin off assets such as motorcycle maker Ducati and transmissions maker Renk, its new chief executive said, as the autos group strives to streamline its operations and become more efficient.

Published 07 May, 2018 12:00am

Saudi's Al Rajhi Bank Q1 net profit up 7.3 percent

Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 7.3 percent rise in first-quarter net profit on Tuesday, marking the ninth quarter of earnings growth in a row. The bank made a net profit of 2.38 billion riyals ($634.63 million) i

Published 07 May, 2018 12:00am

Saudi's Al Rajhi Bank Q1 net profit up 7.3 percent

Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 7.3 percent rise in first-quarter net profit on Tuesday, marking the ninth quarter of earnings growth in a row. The bank made a net profit of 2.38 billion riyals ($634.63 million) i

Published 07 May, 2018 12:00am

Emaar Properties first quarter profit rises

Dubai's Emaar Properties reported an 8.5 percent increase in net profit on Tuesday on the back of strong contributions from its shopping malls business despite a weaker property market. Dubai's residential property market is showing few signs of reboundin

Published 07 May, 2018 12:00am

Emaar Properties first quarter profit rises

Dubai's Emaar Properties reported an 8.5 percent increase in net profit on Tuesday on the back of strong contributions from its shopping malls business despite a weaker property market. Dubai's residential property market is showing few signs of reboundin

Published 07 May, 2018 12:00am

Currency

DBS sees robust year after record Q1 profit cheers markets

Singapore's DBS Group Holdings Ltd said it expects a strong performance this year, after it reported a record high net profit for the first quarter, powered by higher interest rates and loan growth in an improving economy.

Published 07 May, 2018 12:00am

Currency

DBS sees robust year after record Q1 profit cheers markets

Singapore's DBS Group Holdings Ltd said it expects a strong performance this year, after it reported a record high net profit for the first quarter, powered by higher interest rates and loan growth in an improving economy.

Published 07 May, 2018 12:00am

BASF first quarter operating profit gains slightly

BASF's quarterly operating profit edged 2 percent higher, relying again on strong basic petrochemicals and oil businesses to offset a drop in earnings from specialty materials such as vitamins and engineering plastics.

Published 07 May, 2018 12:00am

BASF first quarter operating profit gains slightly

BASF's quarterly operating profit edged 2 percent higher, relying again on strong basic petrochemicals and oil businesses to offset a drop in earnings from specialty materials such as vitamins and engineering plastics.

Published 07 May, 2018 12:00am

Mastercard tops profit estimates on higher consumer spending

Mastercard Inc topped quarterly profit estimates on Wednesday and raised its full-year revenue forecast, as it gained from higher consumer spending on credit and debit cards globally. The company's total gross dollar volume rose more than 19 percent to ab

Published 07 May, 2018 12:00am

Mastercard tops profit estimates on higher consumer spending

Mastercard Inc topped quarterly profit estimates on Wednesday and raised its full-year revenue forecast, as it gained from higher consumer spending on credit and debit cards globally. The company's total gross dollar volume rose more than 19 percent to ab

Published 07 May, 2018 12:00am

Shell says fully committed to Iraq gas venture

Royal Dutch Shell is fully committed to its gas joint venture in Iraq, after the energy major exited its oil assets in the Opec country, and plans to boost its gas output there to 1.4 billion cubic feet (bcf) a day by 2020, a senior executive said. Iraq's

Published 07 May, 2018 12:00am

BNP Paribas profits down in first quarter as market slows

French bank BNP Paribas on Friday reported a drop in net profits for the first quarter, blaming a "lacklustre market context" and the effects of an unfavourable exchange rate. France's biggest bank said in a statement that net profit was down to 1.6 billi

Published 07 May, 2018 12:00am

Bombardier commits to aero programme after CSeries, Toronto land sale

Bombardier Inc said on Thursday it will stick by its remaining commercial aerospace program after agreeing to sell its biggest land asset, as the Canadian plane and train maker strives to raise cash to pay down its debt. Investors reacted positively to th

Published 07 May, 2018 12:00am

Sovereign funds flock to developing-world startups

Sovereign investors are helping fuel billion-dollar funding rounds for emerging-market tech startups, where companies and their backers are fighting for first-mover advantage in the digital space. The aim is to find firms that can replicate the models of

Published 07 May, 2018 12:00am

Sovereign funds flock to developing-world startups

Sovereign investors are helping fuel billion-dollar funding rounds for emerging-market tech startups, where companies and their backers are fighting for first-mover advantage in the digital space. The aim is to find firms that can replicate the models of

Published 07 May, 2018 12:00am

Obesity tied to worse disability in rheumatoid arthritis

People with rheumatoid arthritis and obesity may be more likely to become disabled than their counterparts who maintain a healthier weight, a US study suggests. Researchers examined data more than 25,000 patients with rheumatoid arthritis. Most were overw

Published 07 May, 2018 12:00am

Face masks may be ineffective against air pollution

Face masks available to consumers in China for protection against air pollution vary widely in their real-world performance, suggests a recent study. Although a mask may filter tiny particles as advertised, face size and shape as well as movement can lead

Published 07 May, 2018 12:00am

Total EU carbon emissions rise 1.8 percent last year

Carbon emissions from burning oil, coal and gas rose in most European Union countries in 2017, data showed on Friday, in a sign the bloc was struggling to reduce greenhouse gas blamed for climate change. The Eurostat statistics office said carbon dioxide

Published 07 May, 2018 12:00am

New Delhi, Patna most polluted among over 4,300 cities: WHO

India should follow China's example and clean up the air in its cities, which are among the world's worst for outdoor pollution, the World Health Organization said on Wednesday. The WHO's database of more than 4,300 cities showed Indian cities such as New

Published 07 May, 2018 12:00am

Discovery of malaria parasite survival genes offers new targets

Scientists have identified the core genes that are essential for the deadliest malaria parasite to survive, revealing new targets for drugs or vaccines to fight the potentially deadly disease they cause in people. Using new genomic techniques to analyze t

Published 07 May, 2018 12:00am

Some antidepressants may be linked to dementia

Long-term use of certain anti-depressants have been linked to dementia in a large British study, researchers said on Thursday, though they could not definitively conclude that the drugs were the cause. The study in more than 300,000 people in Britain foun

Published 07 May, 2018 12:00am

Poor diet delays pregnancy, curbs fertility

Women who shun fruit or eat lots of fast food take longer to get pregnant and are less likely to conceive within a year, according to a study released on Thursday. A nearly no-fruit diet compared to one loaded with three or more pieces per day added about

Published 07 May, 2018 12:00am

UK, US launch biggest-ever study of Antarctic glacier

Britain and the United States on Monday launched a research programme billed "the most detailed and extensive examinations of a massive Antarctic glacier ever undertaken" to gauge how quickly it could collapse. Teams from Britain's Natural Environment Res

Published 07 May, 2018 12:00am

Banks don't want to be weakest link in blockchain revolution

Blockchain, the cutting-edge technology behind virtual currencies like bitcoin, has the potential to play a disruptive role in the global finance sector, experts say, as banking behemoths seek to connect with its opportunities. While banks could reduce th

Published 07 May, 2018 12:00am

Sale of debt-laden Air India fails to take off

The Indian government's attempt to sell debt-laden national carrier Air India is in danger of hitting the skids as a key deadline looms with no bidder in sight. Prime Minister Narendra Modi's administration announced in March that it would privatise the b

Published 07 May, 2018 12:00am

US companies weigh price hikes as material costs rise

Higher costs for oil, industrial metals and other materials have emerged as a headwind during US earnings season, amplifying inflation worries at the same time the labour market is tightening. Companies from across the US economy cited the drag from suppl

Published 07 May, 2018 12:00am

French government faces legal pressure over arms sales to Saudi Arabia, UAE

Two rights groups campaigning for the French government to halt weapons sales to Saudi Arabia and the United Arab Emirates said on Sunday they were taking their case to France's highest legal authority. President Emmanuel Macron has come under pressure fr

Published 07 May, 2018 12:00am

Air France's future in the balance, warns minister

France's economy minister on Sunday warned that the survival of strike-hit Air France was in the balance following the departure of the company's chief executive over a pay dispute. Unionised staff are set to walk out for the 14th day on Monday as they pr

Published 07 May, 2018 12:00am

Fears as Cambodia's 'last independent' newspaper sold

A newspaper hailed as Cambodia's last independent English daily has been sold to a Malaysian investor with apparent business links to premier Hun Sen, rattling a journalist community that has been battered by the strongman ahead of elections.

Published 07 May, 2018 12:00am

Saudi Arabia aims to build buses, operate toll roads: minister

Saudi Arabia has held preliminary discussions with foreign firms about manufacturing buses domestically and plans to convert part of its highway system into toll roads to help make its transport system more efficient, the transport minister said. "We are

Published 07 May, 2018 12:00am

Buffett says Berkshire Hathaway is sound even without him

Investor guru Warren Buffett, 87, told shareholders Saturday that his holding company Berkshire Hathaway will continue to prosper after he is gone. At an annual shareholders' meeting in his home town of Omaha, Nebraska, Buffett was peppered with questions

Published 07 May, 2018 12:00am

Dubai's Abraaj to sell Middlesex University in Dubai

Dubai's Abraaj, the private equity firm rocked by a dispute with some investors over how it used their money, is in talks to sell its investment in Middlesex University's overseas campus in Dubai, two sources familiar with the matter told Reuters. Discuss

Published 07 May, 2018 12:00am

Planemakers risk order disruption as Etihad reviews strategy

Airbus and Boeing are preparing for possible changes to dozens of plane orders from Middle East carrier Etihad Airways as it presses ahead with a company-wide review, four sources familiar with the matter said. Etihad has been reviewing its business since

Published 07 May, 2018 12:00am

Cardiff promoted to Premier League, Barnsley and Burton relegated

Cardiff City secured promotion to the Premier League after a goalless draw with Reading on Sunday helped them clinch second place in the second tier Championship on the final day of the campaign. Fulham, who were in contention for automatic promotion to t

Published 07 May, 2018 12:00am

Giroud sinks Liverpool to keep Chelsea's top four bid alive

Olivier Giroud boosted Chelsea's bid to snatch a place in the Premier League's top four as the France striker sealed a 1-0 win over Liverpool that brought the Champions League finalists back down to earth on Sunday. Giroud's first-half header at Stamford

Published 07 May, 2018 12:00am

Zverev takes Munich Open final

Germany's world No.3 Alexander Zverev beat veteran compatriot Philipp Kohlschreiber 6-3, 6-3 to win the Munich ATP Open for a second consecutive year on Sunday. The fresh-faced 21-year-old from Hamburg, who is coached by his father, beat Argentina's Guido

Published 07 May, 2018 12:00am

City lift Premier League trophy

It took three weeks for Manchester City captain Vincent Kompany to finally get his hands on the Premier League trophy but, on a day of celebrations at the Etihad, a goalless draw may have left Huddersfield Town as the big winners. A strong showing from th

Published 07 May, 2018 12:00am

Home favourite Sousa lands Estoril crown

Portugal's Joao Sousa became the first home player to win the Estoril Open title as he defeated Frances Tiafoe 6-4, 6-4 in Sunday's final. It was a third career title for Sousa from his 10th final. The 29-year-old, ranked 68th in the world, also won Valen

Published 07 May, 2018 12:00am

Sharapova rediscovers winning form on Madrid clay

Maria Sharapova won for the first time since the Australian Open as she beat Mihaela Buzarnescu, 6-4, 6-1, on Sunday in the Madrid Open. The Russian five-time Grand Slam champion has been struggling with an arm injury, losing her last four matches, crashi

Published 07 May, 2018 12:00am

Bellew beats Haye again in British heavyweight grudge match

Tony Bellew appeared to have all but ended David Haye's career with a fifth-round stoppage win over his rival British heavyweight in their grudge re-match in London on Saturday. The pair had become as well-known for their pre-match dust-ups and verbal tau

Published 07 May, 2018 12:00am

Marquez master of crash marred Spanish GP

Spaniard Marc Marquez (Honda) flew past the chequered flag way ahead of his rivals in the Spanish Grand Prix at Jerez de la Frontera on Sunday, climbing atop the MotoGp championship standings in the process. Frenchman Johann Zarco on his Yamaha Tech3 fini

Published 07 May, 2018 12:00am

Khushal leads in third Nur Khan Memorial Ranking Golf

National golfer Khushal Khan led the way with his gross par 144 score over 36 holes of the 54-holes 3rd Nur Khan Memorial National Ranking Golf Championship being played here at PAF Golf Course. Khushal Khan carded 36 at front nine and one under 35 at bac

Published 07 May, 2018 12:00am

'Merci Arsene' as Arsenal rout Burnley in Wenger farewell

Arsene Wenger enjoyed a 5-0 thrashing of Burnley in his final home game in charge of Arsenal after 22 years as manager on a day dominated by tributes to the Frenchman. Both teams formed a guard of honour for Wenger, 68, before kick-off to a chorus of "the

Published 07 May, 2018 12:00am

National Cycling Championship begins

The 3rd edition of the National Road Women and Men Cycling Championship got under way here at Northern Bye-Pass Motorway here Sunday with more than 100 cyclists from across Pakistan are taking part. Secretary General, Pakistan Cycling Federation Syed Azha

Published 07 May, 2018 12:00am

Century-maker Shafiq leads Pakistan run-spree

Asad Shafiq made a hundred as several Pakistan batsmen spent valuable time in the middle on Saturday ahead of Test matches against Ireland and England. At stumps on the second day of four, Pakistan were 357 for seven in reply to Northamptonshire's first i

Published 07 May, 2018 12:00am

Kerb

Three-quarters Facebook users as active or more since privacy scandal

Most of Facebook's US users have remained loyal to the social network despite revelations that a political consultancy collected information about millions of accounts without owners' permission, a Reuters/Ipsos poll released on Sunday showed.

Published 07 May, 2018 12:00am

Saudi Arabia detains 'thousands' for months without trial: HRW

Saudi Arabia has detained thousands of people for years without trial, Human Rights Watch said Sunday, slamming the country's powerful crown prince for the "arbitrary detentions". Official data from the interior ministry, analysed by HRW, showed that auth

Published 07 May, 2018 12:00am

India police arrest main suspect after teen raped, burned alive

Indian police said Sunday they have arrested the main suspect in the latest gang rape-murder to shock the country as protests took place over a separate high-profile sexual assault case. The rape of a 16-year-old who was later burned alive in the eastern

Published 07 May, 2018 12:00am

Tunisia votes in first free municipal elections

Tunisia held its first free municipal elections Sunday as voters expressed frustration at the slow pace of change since the 2011 revolution in the cradle of the Arab Spring. The election has been touted as another milestone on the road to democracy in the

Published 07 May, 2018 12:00am

Lawyer says Trump could defy potential subpoena in Russia probe

Presidential lawyer Rudy Giuliani said Sunday that Donald Trump would not be required to comply with a potential subpoena from the special counsel investigating possible collusion with Russia. But Giuliani, whose statements since he recently joined Trump'

Published 07 May, 2018 12:00am

Stormy Daniels taunts fake Trump as lawyer presses media blitz

Porn actress Stormy Daniels took aim at Donald Trump on Saturday Night Live with comedy as her lawyer pressed forward Sunday with a straight-faced media offensive against the president. Daniels and her lawyer Michael Avenatti appear emboldened by the reve

Published 07 May, 2018 12:00am

Michelle Obama says no miracle candidate will 'save' America

Michelle Obama urged women not to expect a miracle candidate to "save" America on Saturday, indicating again she has no plans to run for president as some have speculated. The former first lady, 54, was greeted like a rock star at a conference called the

Published 07 May, 2018 12:00am

Iraqi warplanes targeted IS jihadists in Syria

Iraqi warplanes carried out a raid Sunday targeting Islamic State group commanders in eastern Syria, in the second such strike on the jihadists since mid-April, the premier's office said. Prime Minister Haider al-Abadi ordered the "painful strike" which t

Published 07 May, 2018 12:00am

Israel doesn't know if Trump will pull out of Iran deal

US President Donald Trump has not informed Israel of whether he will withdraw from the Iran nuclear deal it opposes on or before a May 12 deadline, a senior Israeli official said Sunday. The comments came as Israel pushed its case to have the deal changed

Published 07 May, 2018 12:00am

German president sees 'substantial change' in trans-Atlantic ties

German President Frank-Walter Steinmeier voiced concern Sunday over a "substantial change" in trans-Atlantic ties, amid European tensions with US President Donald Trump over trade, defence and the Iran nuclear deal. Steinmeier, Germany's largely ceremonia

Published 07 May, 2018 12:00am

Six killed in Boko Haram attack on Lake Chad island

Six people were killed, including four government officials and a soldier, in an attack by Boko Haram jihadists on a Chadian army checkpoint on an island in Lake Chad, a military source told AFP Sunday. The overnight killings, which cost the life of a civ

Published 07 May, 2018 12:00am

Israeli troops shoot dead three Gaza infiltrators

Three Palestinians were killed when they tried to infiltrate Israel from the Gaza Strip on Sunday, the Israeli army said, the latest shootings linked to tensions along the border. The army said four people "attempted to infiltrate" by breaking through the

Published 07 May, 2018 12:00am

Islamic nations seek global pressure on Myanmar over Rohingya

Islamic foreign ministers on Sunday launched a campaign to mobilise international support for action against Myanmar over the Rohingya refugee crisis, officials said. Foreign ministers and diplomats of the 53-member Organization of Islamic Conference (OIC

Published 07 May, 2018 12:00am

North Korea says peace talks not the result of US pressure

North Korea Sunday warned Washington that claiming Pyongyang was forced into talks by US pressure risked returning the peninsula "back to square one", as the world awaits a landmark summit between Kim Jong Un and Donald Trump. The pair are set for the fir

Published 07 May, 2018 12:00am

Iran jails 16 women for joining IS in Syria

Sixteen women who went to Syria to join Islamic State have been jailed in Iran, a Tehran prosecutor said on Sunday. The women were also ordered to pay back any money they had received from the Sunni Muslim jihadist group, the judiciary's news website Miza

Published 07 May, 2018 12:00am

McCain does not want Trump at his funeral

Senator John McCain, 81 and battling brain cancer, has made clear he does not want President Donald Trump to attend his funeral, US media reported Saturday. McCain, a Vietnam war vet and respected senator from Arizona who has had a turbulent relationship

Published 07 May, 2018 12:00am

Erdogan vows more cross-border offensives in election manifesto

Turkish President Recep Tayyip Erdogan on Sunday vowed to launch further cross-border offensives against terror groups as he revealed his ruling party's manifesto ahead of snap elections on June 24. Erdogan made a series of promises about the economy and

Published 07 May, 2018 12:00am

Malaysia halts people-smuggling ship bound for Australia, New Zealand

Malaysia has arrested more than a dozen members of an alleged people trafficking syndicate after intercepting a ship carrying 127 Sri Lankan migrants believed to be bound for Australia and New Zealand, authorities have said. Maritime authorities on Tuesda

Published 07 May, 2018 12:00am

Blast at Afghan voter registration centre kills 13

A blast at a voter registration centre in Afghanistan's restive east on Sunday killed at least 13 people and wounded 33, a health official said, capping a bloody week in the war-torn country. The bomb had been placed in a tent being used to register voter

Published 07 May, 2018 12:00am

Civil, military leadership slam attack on Ahsan

Civil and military leadership including President, Prime Minister, Army Chief and heads of political parties on Sunday strongly condemned the attack on Interior Minister Ahsan Iqbal and prayed for his fast recovery.

Published 07 May, 2018 12:00am

'Hamdard Laboratories eyes herbal exports market' an interview with Usama Qureshi, CEO Hamdard Laboratories

Usama Qureshi has over 18 years of experience in general management, stakeholders' management, marketing and business turnaround. His last assignment, before joining Hamdard Laboratories as its MD and CEO, was at K-Electric as its Chief Marketing & Commun

Published 07 May, 2018 12:00am

'Hamdard Laboratories eyes herbal exports market' an interview with Usama Qureshi, CEO Hamdard Laboratories

Usama Qureshi has over 18 years of experience in general management, stakeholders' management, marketing and business turnaround. His last assignment, before joining Hamdard Laboratories as its MD and CEO, was at K-Electric as its Chief Marketing & Commun

Published 07 May, 2018 12:00am

Anti-polio drive in high-risk districts of KP, Fata begins today

A three-day anti-polio campaign will begin in seventeen high-risk districts of Khyber Pakhtunkhwa and FATA from today (Monday). During the campaign, about 5.5 million children up to five years of age will be administered anti-polio drops.

Published 07 May, 2018 12:00am

Prices of pulses, vegetables register significant increase

A considerable increase in prices of pulses, chicken, vegetable, flour, and others food items was witnessed in retail market, according to a survey conducted by the Business Recorder here on Sunday. The retail price of one-kilogram Dal Mash has gon

Published 07 May, 2018 12:00am

Bilawal condoles labourers' death

Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari has expressed deep grief and sorrow over the deaths of 23 labourers in the collapse of a coal mine near Quetta.

Published 07 May, 2018 12:00am

Victims of Balochistan mines tragedies laid to rest in Shangla

Twenty three coal miners killed in Marwar and two other mine incidents in Balochistan were buried after collective funeral prayers in district Shangla Khyber Pakhtunkhwa on Sunday. The deceased were also included two brothers. The injured of the incidents

Published 07 May, 2018 12:00am

Marwar Coalmine collapse: death toll rises to 23

At least 23 miners were killed and nine others were rescued after two coalmine collapsed in two separate near Marwar and Sooranj area of Quetta district the other day. Commissioner Quetta Division Jawaid Anwar Shahwani said the first incident occurred in

Published 07 May, 2018 12:00am

Foreign Office urges India to stop massacre of Kashmiris in IoK

Foreign Office on Sunday condemned the killing spree unleashed by Indian forces in the occupied Jammu and Kashmir, urging the Indian government to put an immediate end to the massacre of Kashmiri people. Foreign Office spokesperson Dr Mohammad Faisal took

Published 07 May, 2018 12:00am

OIC Conference: Tehmina highlights HR violations in IoK

Foreign Secretary Tehmina Janjua highlighted the grave human rights violations in Indian occupied Kashmir (IoK) during the 45th Session of the OIC Council of Foreign Ministers (CFM), saying that the people of Kashmir remain under the illegal Indian occupa

Published 07 May, 2018 12:00am

Successful Hajj applicants asked to submit valid passports

Ministry of Religious Affairs and Interfaith Harmony has directed the successful hajj applicants of Government Scheme to submit their machine readable passports in their respective banks immediately for further action and processing.

Published 07 May, 2018 12:00am

RCCI to hold business conference in Belgium

Rawalpindi Chamber of Commerce and Industry (RCCI) will hold a business opportunity conference in Belgium on May 8. The RCCI president Zahid Latif Khan while talking to APP Sunday said the aim of the conference is to promote Pakistan soft image besides im

Published 07 May, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 12	278
USD PKR Interbank Buying / Nov 12	277.75
USD to Japanese Yen / Nov 13	154.85
USD to Swiss Franc / Nov 13	0.88
Pound Sterling to USD / Nov 13	1.27
Euro to USD / Nov 13	1.06

Stock	Volume
S&P 500 / Nov 12	5,983.99
Nasdaq / Nov 12	19,281.40
FTSE 100 / Nov 12	8,025.77
Dow Jones / Nov 12	43,910.98
Germany DAX 30 / Nov 12	19,033.64
France CAC40 / Nov 12	7,226.98
India Sensex / Nov 13	78,360.01
Tokyo Nikkei / Nov 13	38,794.83

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 12	18,085
Gold 10 Grams PKR / Nov 12	231,911
Petrol/Litre / Nov 13	248.38
Crude Oil USD/Barrel / Nov 13	68.33
Gold Spot USD/Ounce / Nov 13	2,606.22
Diesel/Litre / Nov 13	255.14

Stock	Price
786 Invest Ltd / Nov 13 786 Investments Limited(786)	6.55 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 13 Al-Abbas Sugar Mills Limited(AABS)	600 ▼ 0.00 (0.00%)
Agro Allianz / Nov 13 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 13 Ali Asghar Textile Mills Limited(AATM)	64.90 ▼ 0.00 (0.00%)
Allied Bank / Nov 13 Allied Bank Limited(ABL)	114.51 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 13 Abbott Laboratories (Pakistan) Limited(ABOT)	996.67 ▼ 0.00 (0.00%)
Abson Ind. / Nov 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 13 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 13 786 Investments Limited(786)	6.55 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 13 Al-Abbas Sugar Mills Limited(AABS)	600 ▲ 0.00 (0.00%)
Agro Allianz / Nov 13 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 13 Ali Asghar Textile Mills Limited(AATM)	64.90 ▲ 0.00 (0.00%)
Allied Bank / Nov 13 Allied Bank Limited(ABL)	114.51 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 13 Abbott Laboratories (Pakistan) Limited(ABOT)	996.67 ▲ 0.00 (0.00%)
Abson Ind. / Nov 13 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 13 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▲ 0.00 (0.00%)

Stock	Volume
Pak Int.Bulk / Nov 13 Pakistan International Bulk Terminal(PIBTL)	79,861,776 ▲ 0.00
K-Electric Ltd. / Nov 13 K-Electric Limited(KEL)	71,760,455 ▲ 0.00
Pak Refinery / Nov 13 Pakistan Refinery Limited(PRL)	56,364,168 ▲ 0.00
Sui South Gas / Nov 13 Sui Southern Gas Company Limited(SSGC)	45,537,793 ▲ 0.00
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	40,139,141 ▲ 0.00
Pak Elektron / Nov 13 Pak Elektron Limited(PAEL)	37,703,615 ▲ 0.00
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	28,322,891 ▲ 0.00
B.O.Punjab / Nov 13 The Bank of Punjab(BOP)	18,433,912 ▲ 0.00
The Searle Co. / Nov 13 The Searle Company Limited(SEARL)	17,718,419 ▲ 0.00

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