News Archives for Print - 2018-06-11

<<>>

Print - 2018-06-11

The Weather

The weather report on Sunday (June 10, 2018) and the forecast for Monday (June 11, 2018).

Published 11 Jun, 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 11 Jun, 2018 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (June 4 to 8 2018).

Published 11 Jun, 2018 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 11 Jun, 2018 12:00am

Investors seek more scrutiny of auction-based trading after MiFID II

Most asset managers view the current shift towards trading stocks in large blocks positively, but they are concerned that other consequences of changes to EU market rules are hurting transparency, a survey by Liquidnet found on Thursday. Having adjusted t

Published 11 Jun, 2018 12:00am

Investors seek more scrutiny of auction-based trading after MiFID II

Published 11 Jun, 2018 12:00am

Currency

South Africa's minister warns of challenges as rand tumbles

The South African government is concerned by the rand's plunge to its lowest this year and will step up a "defence mechanism", Finance Minister Nhlanhla Nene said, but he fell short of calling the currency's dip a crisis. The rand dropped to 13.2875 again

Published 11 Jun, 2018 12:00am

Currency

Canadian dollar seen up on BoC rate hikes; NAFTA a wild card

Canada's dollar will strengthen over the coming year as economic growth prompts the Bank of Canada to raise interest rates again, a Reuters poll showed, but strategists see risk to their bullish forecasts from NAFTA talks. The poll of more than 40 foreign

Published 11 Jun, 2018 12:00am

Currency

Canadian dollar seen up on BoC rate hikes; NAFTA a wild card

Published 11 Jun, 2018 12:00am

Economic incentives lift Dubai bourse, Qatar index falls

Banking and property shares helped drive up Dubai's stock market on Sunday, while the Qatari index fell on news that Commercial Bank's talks to sell its stake in United Arab Bank (UAB) to a UAE investor had failed. Dubai's benchmark index closed up 0.4 pe

Published 11 Jun, 2018 12:00am

China's money rates fall

China's primary money rates fell this week as liquidity deepened at the start of a month and market sentiment improved after a net long-term cash injection led by the central bank. The volume-weighted average rate of the benchmark seven-day repo traded in

Published 11 Jun, 2018 12:00am

China's money rates fall

Published 11 Jun, 2018 12:00am

Mutual Funds

China allows domestic fundraising for overseas-listed firms

China has adopted new rules governing the issuance of securities that will allow the domestic flotation of overseas-listed innovators, the China Securities Regulatory Commission said in a notice published late on Wednesday. China is encouraging overseas-l

Published 11 Jun, 2018 12:00am

Mutual Funds

China allows domestic fundraising for overseas-listed firms

Published 11 Jun, 2018 12:00am

Libor

Britain proposes guidelines on brokers swapping market talk

Traders must be clear about what information they can share with others in the market to avoid new rigging scandals, a British industry body said on Friday. The FICC Markets Standards Board (FMSB) proposed guidance on what sort of "market colour", or info

Published 11 Jun, 2018 12:00am

Currency

US money market funds see biggest inflows in nearly five years

Investors flooded US-based money market funds with the most cash in nearly five years in the latest week, seizing an opportunity to reap richer yields while taking less risk, Lipper data showed on Thursday. The funds, where investors park cash, pulled in

Published 11 Jun, 2018 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 83.70-83.70. (Previous 83.70-83.70).

Published 11 Jun, 2018 12:00am

Currency

Bank of Ghana sells dollars, expects local currency to recover

Ghana's central bank expects the local cedi currency to recover as it sells more dollars to local banks, it said on Thursday. The cedi has declined steadily against the dollar since the end of April, partly due to broader weakness in emerging markets and

Published 11 Jun, 2018 12:00am

Wall Street week ahead: investors focusing on profit margins as rising prices, wages start to bite

For years US inflation has been the dog that did not bark, but rising prices and wages are now showing signs of squeezing profit margins across corporate America, leading investors to punish companies whose results are deteriorating.

Published 11 Jun, 2018 12:00am

Argentina preparations rocked by results, controversy and injury

Lionel Messi's Argentina must quickly refocus after finding themselves at the centre of an Israel-Palestinian spat over the cancellation of a World Cup warm-up match following an unconvincing qualifying campaign. The game against Israel, planned for Satur

Published 11 Jun, 2018 12:00am

Salah's fitness uncertain as Egypt arrive in Russia

Egypt's Mohamed Salah arrived in Russia Sunday, with the Pharaohs hopeful the star striker can complete a dramatic injury comeback in time for their opening World Cup match against Uruguay. Salah and his teammates touched down in Grozny ahead of Egypt's t

Published 11 Jun, 2018 12:00am

Neymar scores stunner for Brazil as Ronaldo trains in Russia

Neymar scored on his return to the starting line-up in Brazil's final World Cup warm-up on Sunday as Cristiano Ronaldo trained with European champions Portugal and Mohamed Salah touched down in Russia. As the clock ticks down to Thursday's World Cup opene

Published 11 Jun, 2018 12:00am

Low key arrival for unfancied Australia

Australia on Sunday finally arrived at their base in chilly Kazan, where the 'Socceroos' will begin preparations for what many pundits believe will be yet another early departure from the World Cup. Scheduled to meet highly-fancied France in their World C

Published 11 Jun, 2018 12:00am

Spain fail to impress in narrow Tunisia victory

Spain laboured to a narrow 1-0 victory over Tunisia in an underwhelming World Cup warm-up in Krasnodar on Saturday. The 2010 champions remain unbeaten under coach Julen Lopetegui, who took over 20 matches ago after the Roja's elimination from Euro 2016 in

Published 11 Jun, 2018 12:00am

Uruguay arrive in Russia five days before first game

Uruguay became the latest team to arrive in Russia on Sunday, touching down in Nizhny Novgorod after a 16-hour flight, five days ahead of their first World Cup game. The Celeste, welcomed by a small group of fans at the city's airport, will be based in Bo

Published 11 Jun, 2018 12:00am

Nadal wins 11th French Open despite late injury scare

Rafael Nadal hailed his 11th French Open title as "just incredible" after he demolished Austria's Dominic Thiem 6-4, 6-3, 6-2 despite a worrying injury scare in the closing stages of Sunday's final. The 32-year-old world number one now has 17 Grand Slam t

Published 11 Jun, 2018 12:00am

Santa Cruz wins rematch to hold onto WBA featherweight title

Mexican boxer Leo Santa Cruz retained his WBA belt by earning a unanimous decision victory over Abner Mares on Saturday in a rematch of a 2015 featherweight title fight. Santa Cruz improved to 34-1-1 with 19 career knockouts by winning on all three judges

Published 11 Jun, 2018 12:00am

Peshawar Lines, Green to clash in Ramazan Challenge Hockey final

The two super-fit teams - Peshawar Lines and Peshawar Greens will fight in the final after taking most points in the double league event of the Floodlight Ramzan Challenge Hockey Cup being played under the aegis of Directorate of Sports and KP Hockey Asso

Published 11 Jun, 2018 12:00am

West Indies beat Sri Lanka in first Test

West Indies defeated Sri Lanka by 226 runs after lunch on the fifth day of the first Test at the Queen's Park Oval in Trinidad on Sunday. Earlier, Kusal Mendis completed a fifth Test century but it was Sri Lanka's only bright spot on a successful morning

Published 11 Jun, 2018 12:00am

GSMA and W20 call for action to close digital gender gap ahead of G20

As part of its role within the W20 (Women 20) group 1, the GSMA has backed a series of recommendations to promote digital inclusion for women to be presented to the G20 member states later this year. The GSMA is Topic Chair of the Digital Inclusion theme

Published 11 Jun, 2018 12:00am

US says internet use rises as more low income people go online

Internet use by Americans increased in 2017, fueled by a rise among people with lower incomes, a government report viewed on Wednesday by Reuters found. The National Telecommunications and Information Administration (NTIA) also reported that for the first

Published 11 Jun, 2018 12:00am

Signal sending chip wins prize for new technology to protect women

A tiny computer chip that sends emergency alerts in areas without cellular phone service has won a global competition for technologies to help protect women and girls from violence, a California-based foundation. The winning device is so small it is built

Published 11 Jun, 2018 12:00am

Gemalto launches virtualized network encryption platform

Gemalto, the world leader in digital security, June 6 announced the launch of a new virtualized network encryption platform, SafeNet Virtual Encryptor CV1000 as part of its continued investment to address the rapidly changing data security needs of organi

Published 11 Jun, 2018 12:00am

Kerb

Facebook admits privacy settings 'bug' affecting 14 million users

Facebook acknowledged Thursday a software glitch that changed the settings of some 14 million users, potentially making some posts public even if they were intended to be private. The news marked the latest in a series of privacy embarrassments for the wo

Published 11 Jun, 2018 12:00am

Apple dangling more goodies, while adding tech diet options

Apple will offer more ways for people to limit the time they spend on iPhones while introducing features designed to make its products even more indispensable. The paradox emerged Monday as Apple executives previewed new versions of free software due out

Published 11 Jun, 2018 12:00am

Xiaomi plans $3bn CDRs in July IPO

Chinese smartphone and connected device maker Xiaomi plans to raise up to 30 percent of its blockbuster $10 billion IPO by selling shares in mainland China while offering the remainder in Hong Kong, said people with knowledge of the matter. The Beijing-ba

Published 11 Jun, 2018 12:00am

Reliance sees consumer business powering profits

India's Reliance Industries Ltd aims to make its consumer businesses as big as its core energy operations, chairman Mukesh Ambani said in its annual report, as he seeks to reshape the industrial powerhouse. The company, primarily an oil and gas refining,

Published 11 Jun, 2018 12:00am

Tesla shareholders box themselves into corner

Tesla shareholders have boxed themselves into a corner. Investors in the unprofitable $50 billion electric-car maker convene in Silicon Valley on Tuesday afternoon for its annual meeting. Among the items on the agenda is a shareholder proposal to split th

Published 11 Jun, 2018 12:00am

Sharp close to deal to buy Toshiba's PC business

Sharp Corp is in talks to finalise a deal to buy Toshiba Corp's personal computer business for around 5 billion yen ($45.7 million), as the Japanese electronics unit of Taiwan's Foxconn seeks to re-enter the PC market, sources said. The two companies are

Published 11 Jun, 2018 12:00am

UBS cuts at least 100 jobs in asset management arm

Swiss bank UBS Group AG is cutting jobs at its asset management unit while it focuses on growth in China along with passive and sustainable investing, Bloom-berg said on Wednesday. The smallest of UBS's operating divisions is said to have cut at least 100

Published 11 Jun, 2018 12:00am

Goldman Sachs, KKR invest $360 million in Portugal tech firm

Portugal's OutSystems, a platform which allows users to build software applications with minimal coding, has raised $360 million from Goldman Sachs and US investment firm KKR, valuing it at more than $1 billion and allowing it to beef up its leading posit

Published 11 Jun, 2018 12:00am

Goldman Sachs, KKR invest $360 million in Portugal tech firm

Published 11 Jun, 2018 12:00am

Short sellers and options traders bet on more Deutsche Bank pain

Short sellers and derivatives traders are betting Deutsche Bank's share price recovery will prove temporary, with data suggesting short interest in the German lender is the highest of any global bank. Germany's largest bank saw its shares slump to near re

Published 11 Jun, 2018 12:00am

Saudi Aramco restructures non-oil assets ahead of IPO

Saudi Aramco has created a subsidiary to house its multibillion-dollar pension fund and could spin off its aviation division, sources said, as it restructures some assets not related to oil and gas ahead of its planned initial public offering (IPO). The m

Published 11 Jun, 2018 12:00am

Obese teens with psychiatric issues can still benefit from weight loss surgery

Obese teens who have weight loss surgery are likely to lose the same amount of weight regardless of whether they were previously diagnosed with psychiatric problems, a US study suggests.

Published 11 Jun, 2018 12:00am

Colon cancer treatment costs 2x more in US than Canada

People diagnosed with advanced colon cancer pay twice more per month for treatment in the United States than in Canada, but do not live any longer, researchers said on Friday. Canadian residents of British Columbia paid an average of $6,195 per month, com

Published 11 Jun, 2018 12:00am

Engineers find novel way to fight diesel exhaust in India

India has some of the worst air pollution in the world and smog levels often spike during its sweltering summers, when smoke-belching diesel generators are used to offset power shortages, as air-conditioners and fans stoke consumption.

Published 11 Jun, 2018 12:00am

Scientists map genetic codes of 3,000 dangerous bacteria

Scientists seeking new ways to fight drug-resistant superbugs have mapped the genomes of more than 3,000 bacteria, including samples of a bug taken from Alexander Fleming's nose and a dysentery-causing strain from a World War One soldier.

Published 11 Jun, 2018 12:00am

Plastic waste in Antarctica reveals scale of global pollution: Greenpeace

Plastic waste and toxic chemicals found in remote parts of the Antarctic this year add to evidence that pollution is spreading to the ends of the Earth, environmental group Greenpeace said on Thursday. Microplastics - tiny bits of plastic from the breakdo

Published 11 Jun, 2018 12:00am

Suicide, murder rate rising in US

Murder, suicide, car crashes, and addiction have all contributed to a spike in deaths among US children and teens in recent years, a government study suggests. The death rate for youth aged 10 to 19 rose 12 percent between 2013 and 2016, eroding a previou

Published 11 Jun, 2018 12:00am

Study warns of alarming decline in Australian fish

Conservation experts warned on Wednesday of alarming falls in Australian fish populations and called for more marine reserves and better management to halt the decline. A 10-year study, looking at nearly 200 species at 544 sites, found the main cause was

Published 11 Jun, 2018 12:00am

18th century Chinese moon flask sells for $4.8 million

A rare porcelain moon flask that belonged to the 18th century Chinese Emperor Qianlong has been sold for 4.1 million euros ($4.8 million) after a bidding war at an auction in France.

Published 11 Jun, 2018 12:00am

Currency

Egypt's inflation falls

Egypt's annual inflation rate dropped in May, official data showed on Sunday, registering a bigger fall than the International Monetary Fund (IMF) had predicted. Inflation has begun to ease after it surged in 2017 on the back of economic reforms tied to a

Published 11 Jun, 2018 12:00am

US jobs bonanza all but ensures Fed rate hike in June

The US Federal Reserve this week will raise the key interest rate for the second time in 2018, working to stay one step ahead of inflation. A hiring spree in May helped drive the unemployment rate down to levels eerily similar to those recorded almost 50

Published 11 Jun, 2018 12:00am

Currency

Italy's new economy minister rules out euro exit

The new Italian economy minister Giovanni Tria on Sunday emphatically ruled out an exit from the single currency, saying Italy will remain part of the eurozone. "The position of this government is clear and unanimous. There are no discussions taking place

Published 11 Jun, 2018 12:00am

Swiss voters reject campaign to radically alter banking system

A radical plan to transform Switzerland's financial landscape by barring commercial banks from electronically creating money when they lend was resoundingly rejected by Swiss voters on Sunday. More than three quarters rejected the so-called Sovereign Mone

Published 11 Jun, 2018 12:00am

Rosatom deal to build China power units worth $3.6 billion

China National Nuclear Power Co Ltd said on Sunday that two deals signed with Russian state nuclear company Rosatom for the construction of four nuclear power units in China were worth a combined $3.62 billion. Rosatom said on Friday it would construct tw

Published 11 Jun, 2018 12:00am

Vietnam police break up protest over controversial draft law

Police broke up a protest in Vietnam's capital on Sunday and dragged away about 20 people as anger grows over a proposal to grant companies lengthy land leases. The draft law at the centre of the furore would allow 99-year concessions in planned special e

Published 11 Jun, 2018 12:00am

Nigeria moves to boost cocoa sector

Cocoa House in Ibadan, southwest Nigeria, was built with the earnings from exports of cocoa beans and at 26 storeys was once the country's tallest building. Profits from sales of the commodity - prized around the world as the basic ingredient for chocolat

Published 11 Jun, 2018 12:00am

EU pledges 20 million euros to ease Jordan's economic woes

European Union foreign policy chief Federica Mogherini announced Sunday 20 million euros ($23.5 million) in aid for Jordan following a wave of anti-austerity protests that led to the prime minister's resignation. The EU will support Jordan "with all possi

Published 11 Jun, 2018 12:00am

Jordan pins hopes on billion dollar Gulf aid package

Jordan is pinning hopes on oil-rich Gulf states led by Saudi Arabia committing to a multi-billion dollar aid package to help it weather an economic crisis that sparked rare street protests over austerity plans, officials said. A palace statement said King

Published 11 Jun, 2018 12:00am

France and Germany inch towards compromise on eurozone reform

France and Germany made "significant progress" towards an agreement on eurozone reforms at marathon talks in Paris this weekend, French Finance Minister Bruno Le Maire said Sunday. Le Maire spent nearly 14 hours holed up with his German counterpart Olaf S

Published 11 Jun, 2018 12:00am

Nicaragua violence rages as prospect of crisis talks hangs in limbo

Masaya, a city battling at the front lines of Nicaragua's heated anti-government protests, once again became the scene of fierce street battles that a rights group said saw one man die of a bullet wound to the heart. Firearm bursts rang out on Saturday in

Published 11 Jun, 2018 12:00am

Woman drowns in Prague drains playing GPS treasure hunt

A young woman drowned and a man is missing after they were caught inside Prague's drain system by torrential rains while participating in a global GPS-based treasure hunt, police said Sunday. They were among a group of four people "geocaching" - using the

Published 11 Jun, 2018 12:00am

Jailed Silva still way ahead in Brazil presidential poll

Luiz Inacio Lula da Silva remains far ahead in a poll out Sunday of candidates in Brazil's October presidential election, even though he has been in prison for two months. Thirty percent of Brazilians would vote for Lula, who was president from 2003-2010,

Published 11 Jun, 2018 12:00am

UAE president makes rare appearance

United Arab Emirates President Sheikh Khalifa bin Zayed Al-Nahyan has met with family members in France, UAE media reported Sunday, one of his rare appearances since a stroke in 2014. The official WAM news agency published photos of white-bearded Abu Dhab

Published 11 Jun, 2018 12:00am

Priyanka Chopra apologises over 'Quantico' Hindu terror plot

Bollywood superstar Priyanka Chopra apologised Sunday after a furore over a US TV series that showed her uncovering a terror plot hatched by Indian Hindu nationalists. The episode of spy thriller "Quantico" showed Chopra's character, an FBI agent named Al

Published 11 Jun, 2018 12:00am

Iran says time for Europe to save nuke deal almost over

Iran's powerful parliament speaker Ali Larijani said Sunday that the time for Europe to show it can save the nuclear deal was coming to an end. "This issue must be clear that Iran's officials will not wait for Europe's endless promises," Larijani, a key e

Published 11 Jun, 2018 12:00am

Putin says ready to meet Trump 'as soon as' Washington is ready

Russian President Vladimir Putin on Sunday said he was ready to meet his US counterpart Donald Trump as soon as Washington was ready, adding Vienna could be a possible venue for such a summit. "As soon as the American side is ready this meeting would take

Published 11 Jun, 2018 12:00am

Italy's Salvini threatens to close ports to migrants in row with Malta

Italy's new interior minister Matteo Salvini threatened Sunday to close access to Italian ports for migrant rescue ships if Malta refuses to take hundreds of people saved by an NGO, reports said.

Published 11 Jun, 2018 12:00am

US blames Canada for G7 fiasco, says Trudeau 'stabbed us in the back'

The US blamed Canada on Sunday for the disastrous ending to the G7 summit, saying Prime Minister Justin Trudeau "stabbed us in the back," while American allies held Washington responsible. Just minutes after a joint communique, approved by the leaders of

Published 11 Jun, 2018 12:00am

Putin says 'premature' to divulge detail of Ukraine prisoner swap

Russian President Vladimir Putin said Sunday it was too early to discuss in detail a possible prisoner exchange with Ukraine, amid hopes for the release of film director Oleg Sentsov and others during the World Cup. But the Kremlin leader indicated that b

Published 11 Jun, 2018 12:00am

Anti-nuclear protesters breach Belgian air base

Belgian police arrested eight anti-nuclear protesters after they entered an air base on Sunday in the east of the country, activists from Agir pour la Paix (Act for Peace) said. Suspecting the base houses US nuclear weapons, the campaigners for a nuclear-

Published 11 Jun, 2018 12:00am

Israel says it destroyed Hamas undersea tunnel

An Israeli air strike on the Gaza Strip destroyed a Hamas tunnel giving frogmen unseen access to the sea from their base, the Israeli army said Sunday. Army spokesman Jonathan Conricus told reporters that the tunnel, the first of its kind discovered by Is

Published 11 Jun, 2018 12:00am

Fire hits Iraq's biggest ballot warehouse before recount

A fire ripped through Iraq's biggest ballot warehouse on Sunday ahead of a vote recount prompted by allegations of fraud during legislative elections that saw a surprise victory for a populist cleric. A senior security official, speaking to AFP on conditi

Published 11 Jun, 2018 12:00am

Kurd-Arab council ready for 'unconditional talks' with Syria regime

The political arm of a powerful alliance of Syrian Kurd and Arab fighters announced Sunday it was ready for unconditional peace talks with the central government in Damascus. The Syrian Democratic Council (SDC) is linked to the Syrian Democratic Forces, a

Published 11 Jun, 2018 12:00am

British women join living artwork to mark 100 years since vote

Thousands of women wearing the colours of the Suffragettes marched through British cities on Sunday in a living artwork to mark 100 years since British women won the right to vote. Participants were given a piece of fabric to wear in either green, white o

Published 11 Jun, 2018 12:00am

Anti-Kabila activist dies in suspect house fire

Pro-democracy activist Luc Nkulala was killed in a suspicious fire overnight at his home in Goma, in eastern Democratic of Republic of Congo, his opposition Struggle for Change (Lucha) group said Sunday. "We suspect that the enemies of democracy and peace

Published 11 Jun, 2018 12:00am

Cameroon soldier killed

A soldier was killed in an attack in Cameroon's restive English-speaking Northwest Region on Saturday, local sources said. The soldier was "ambushed" while on patrol with another service member, who was not harmed, near the town of Furu-Awa in the Menchum

Published 11 Jun, 2018 12:00am

Spain's Basques form 202-km human chain to call for independence vote

Tens of thousands of people from Spain's Basque Country joined hands to form a human chain running some 202 kilometres (125 miles) on Sunday to call for the right to hold a regional independence vote. Spain's Constitution, created in 1978 after the end of

Published 11 Jun, 2018 12:00am

US State Department official to visit Taiwan for de facto embassy unveiling

An assistant US secretary of state will attend the unveiling of a massive new complex for Washington's de facto embassy in Taiwan, a visit less likely to unnerve Beijing which was concerned that higher-level American officials may attend.

Published 11 Jun, 2018 12:00am

Australia state to allow sex abuse victims to sue churches

Victims of child sex abuse will be able to sue institutions such as churches under proposed new laws in Australia's most populous state, authorities said Sunday. The proposed legislation came after a five-year royal commission - which released its final r

Published 11 Jun, 2018 12:00am

Polio makes comeback in Venezuela after decades

Polio has been reported in Venezuela, a crisis-wracked country where the disease had been eradicated decades ago, the Pan-American Health Organization reports. The organization said the child had no history of vaccination and lives in an under-immunized e

Published 11 Jun, 2018 12:00am

Syria strikes kill 15 civilians after jihadist attack

Regime forces killed at least 15 civilians Sunday in air strikes carried out in northwestern Syria in apparent retaliation for a jihadist attack on two besieged government-held villages, a monitor said. The bombing raids hit a string of towns and villages

Published 11 Jun, 2018 12:00am

Assad denies Moscow running the show in Syria

Syria's President Bashar al-Assad denied Moscow is running the show in his war-torn country, saying in an interview released Sunday his government operates independently of its Russian and Iranian allies. In a wide-ranging interview in Damascus with the M

Published 11 Jun, 2018 12:00am

Sherpao calls for restoration of admin, judicial machinery in Fata

Chairman Qaumi Watan Party, Aftab Ahmad Khan Sherpao has called for the restoration of administrative and judicial machinery in recently merged Fata areas in KP so as to dole out the benefits of merger to the local people. He said that the KP-Fata merger

Published 11 Jun, 2018 12:00am

KP food authority for improving condition of slaughterhouses

The Khyber Pakhtunkhwa Food Safety and Halal Food Authority demanded for taking practical steps for improvement of slaughterhouses in Peshawar so that consumers could get quality meat in routine.

Published 11 Jun, 2018 12:00am

Asia's New Geopolitics': an interview with Andrew Small, author of 'The China-Pakistan Axis

'A purely north-south corridor is not going to be enough' Andrew Small is a senior transatlantic fellow with (and founder of) the German Marshall Fund's Asia Program. A renowned China expert, Small studies China's relationships with the US,

Published 11 Jun, 2018 12:00am

Asia's New Geopolitics': an interview with Andrew Small, author of 'The China-Pakistan Axis

Published 11 Jun, 2018 12:00am

Khadija's appeal referred to Justice Asif Khosa bench

A Supreme Court (SC) bench on Sunday referred an appeal, filed against the acquittal of a convict in Khadija Stabbing case, to a bench, headed by Justice Asif Saeed Khan Khosa for hearing. The two-member bench, headed by Chief Justice Mian Saqib Nisar, pa

Published 11 Jun, 2018 12:00am

Noticeable growth witnessed in e-commerce, online retailing

Pakistan - beholding growing number of 40 million smartphones with digitally connected clientage - is poised to hit $1 billion e-commerce delivery industry within next five to ten years. "Let me throw in some facts as over past five years, developments in

Published 11 Jun, 2018 12:00am

PTI plans countrywide demos against load-shedding tomorrow

Pakistan Tehreek-e-Insaf (PTI) on Sunday announced countrywide protest demonstrations on Tuesday against the prolonged loadshedding and also urged caretaker Prime Minister Nasirul Mulk to immediately intervene and take steps to ensure interrupted power su

Published 11 Jun, 2018 12:00am

Nisar lashes out at PML-N leadership for denying him ticket

Former interior minister and senior Pakistan Muslim League-Nawaz (PML-N) leader Chaudhry Nisar Ali Khan on Sunday lashed out at the party leadership allegedly for finding excuses not to give him the party ticket for contesting the upcoming general electio

Published 11 Jun, 2018 12:00am

PML-N most popular party of country, says Marriyum

Pakistan Muslim League Nawaz (PML-N) Spokesperson Marriyum Aurangzeb Sunday said the PML-N was largest and most popular political party of the country. Talking to a private news channel, she said the opposition parties had been wishing for a long time to

Published 11 Jun, 2018 12:00am

PPPP candidates' names for Sindh announced

Pakistan Peoples Party Parliamentarian on Sunday announced the list of candidates for National and Provincial Assembly of Sindh on Sunday. According to details released by PPP Media Cell, following candidates would contest the elections from the party tic

Published 11 Jun, 2018 12:00am

Lightning kills two, injures five in Zhob

Lightning killed two children and injured five including women here on Sunday. According to details, during heavy rain and thunder storm, the lightning struck Branj Hill in district Zhob. Two children Muhammad Umer and Rehmatullah, aged 10 and 12 years re

Published 11 Jun, 2018 12:00am

Free eye camps set up in Khyber Agency

Eye Care Services Programme organized free eye camps in different areas of Khyber Agency (Sappari, Jamrud, Taudamila, Soor Kamar, Loe Shalman, Landikotal, Pasid Khel Sheikmal Khel, Charsiano Bara, Zia Uddin, Pawa Jangi, Mandi Kass and Tangi). The aim of t

Published 11 Jun, 2018 12:00am

AIOU overseas students' exams from July 1

Allama Iqbal Open University (AIOU) will conduct final exam of Matric, FA, BA and B Ed (1.5 years) programs for its overseas students from July first. These exams will take place in Saudi Arabia, Kuwait, Qatar, UAE, Oman and Bahrain, a press release said

Published 11 Jun, 2018 12:00am

HEC invites applications for research awards

Higher Education Commission (HEC) has invited applications from researchers and scholars for the HEC Outstanding Research Awards for year 2017. According to an official source, the objective of this programme is to recognize and reward the outstanding per

Published 11 Jun, 2018 12:00am

CJP orders removal of AIMC principal

Chief Justice of Pakistan (CJP) Mian Saqib Nisar on Sunday ordered removal of Principal Allama Iqbal Medical College (AIMC) Professor Dr Rashid Zia from his office. The chief justice ordered Punjab chief secretary for appointment of new regular principal

Published 11 Jun, 2018 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular