News Archives for Print - 2018-06-26

Government, farmers failed in Dutch egg scandal

Poultry farmers, the Dutch food safety board and the government all failed in their duties during a tainted egg scandal which spread to 45 countries causing millions in damage, a scathing report found Monday.

Published 26 Jun, 2018 12:00am

EU, China vow to uphold global trade order

The European Union and China pledged on Monday to strengthen a rules-based international trading system amid US protectionism, although the EU highlighted its concerns about Beijing's own restrictive market practices. Officials on both sides pledged to st

Published 26 Jun, 2018 12:00am

South African anti-apartheid photographer dies

South African photographer David Goldblatt, whose work documented the abuses and divisions of apartheid, died in his sleep on Monday, a leading gallery announced. He was 87. "He passed away peacefully in his sleep at 5:37 am (0337 GMT) in his home in Joha

Published 26 Jun, 2018 12:00am

EU sanctions senior Myanmar military over Rohingya abuses

The EU on Monday hit seven top Myanmar security officials with sanctions over the Rohingya crisis, accusing them of serious human rights violations including killings and sexual violence. Some 700,000 members of the beleaguered Muslim minority have fled a

Published 26 Jun, 2018 12:00am

Saudi-led coalition says killed 8 Hezbollah fighters

The Saudi-led coalition battling rebels in Yemen on Monday said its forces killed eight members of Lebanon's Shiite militant group Hezbollah in an air strike in northern Yemen, near the Saudi border.

Published 26 Jun, 2018 12:00am

EU calls for end to violence in Yemen, humanitarian access

The European Union on Monday called for all sides in the Yemen conflict to stop the escalation of violence and ensure the port of Hodeida stays open for vital humanitarian supplies. Yemeni government forces have been waging an offensive to retake Hodeida

Published 26 Jun, 2018 12:00am

EU sanctions Venezuelan VP, 10 others over election abuses

The EU on Monday hit the Venezuelan vice-president and 10 other officials with sanctions over rights abuses and irregularities in the re-election of President Nicolas Maduro, which the bloc condemned as "neither free nor fair".

Published 26 Jun, 2018 12:00am

Koreas mark war anniversary in mood of detente, North drops anti-US rhetoric

The two Koreas Monday marked their war anniversary in a mood of detente, with Pyongyang dropping its customary anti-US rhetoric and Seoul saying talks have begun on moving the North's artillery back from the tense border.

Published 26 Jun, 2018 12:00am

South Sudan's Kiir hopes talks will bring 'immediate end' to war

South Sudanese President Salva Kiir said he hopes his meeting with arch-foe Riek Machar in Khartoum on Monday will bring an "immediate end" to the devastating war in their country. Machar and Kiir met at a Khartoum convention centre for a new round of pea

Published 26 Jun, 2018 12:00am

Freedom of assembly under 'serious threat' in Poland: Amnesty

Leading rights group Amnesty International warned Monday that freedom of assembly was at risk in Poland just as the EU was poised to launch hearings over fears that Warsaw was undermining judicial independence. In its new report, Amnesty warned that "rest

Published 26 Jun, 2018 12:00am

China says US should curb its demand for opioids

China said Monday the US should do more to stem its own demand for synthetic drugs but pledged despite tensions to boost cooperation to stop the flow of opioids made in the Asian country. China is believed to be one of the main manufacturers of synthetic

Published 26 Jun, 2018 12:00am

EU says Turkey election campaign conditions 'not equal'

The European Union on Monday took aim at the Turkish election that swept President Recep Tayyip Erdogan back to power, refusing to congratulate him and saying campaign conditions had not been "not equal". A statement issued by the EU's diplomatic chief Fe

Published 26 Jun, 2018 12:00am

Crimea electricity deliveries at centre of Russian spy case

A Russian official has been arrested on suspicion of passing information to Nato member Romania about energy deliveries to Moscow-annexed Crimea, Russian media reported Monday. Russia has had difficulty supplying electricity to the Crimean peninsula, whic

Published 26 Jun, 2018 12:00am

Nine EU countries sign up for European military intervention plan

Nine EU countries on Monday signed up to a French plan for a European defence intervention group, including Britain which backs the measure as a way to maintain strong security ties with the bloc after Brexit. The idea is for the so-called European Interv

Published 26 Jun, 2018 12:00am

Vegetable Oil

Malaysian palm oil springs back

Malaysian palm oil futures reversed earlier losses to chart a second straight session of gains at the close of trade on Monday, as the market's outlook of falling output supported prices. The benchmark palm oil contract for September delivery on the Bursa

Published 26 Jun, 2018 12:00am

Zinc hits 10-month low; copper hits weakest level since late May

Zinc prices hit the lowest in over 10 months on Monday as a rise in inventories signalled supplies were healthy and speculators put pressure on the market.

Published 26 Jun, 2018 12:00am

Cotton

Cotton futures ease as US-China trade tensions weigh

ICE cotton futures edged lower on Monday as investors remained guarded amid an ongoing trade conflict between world's biggest cotton exporter United States and top consumer China.

Published 26 Jun, 2018 12:00am

Rubber down

Benchmark Tokyo rubber futures shed early gains to end lower on Monday, hitting their lowest since October 2016, weighed down by weaker oil prices and on concerns about oversupply.

Published 26 Jun, 2018 12:00am

Oil drops as market braces for more OPEC crude

Oil fell on Monday as investors prepared for an extra 1 million barrels per day (bpd) of oil to hit markets after OPEC agreed to raise production and as US equity markets slipped on trade war fears. Brent crude futures fell 82 cents, or 1.1 percent, to se

Published 26 Jun, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Monday's Rotterdam vegetable oil prices at 1600 GMT:

Published 26 Jun, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Monday's Rotterdam vegetable oil prices at 1600 GMT:

Published 26 Jun, 2018 12:00am

Raw sugar slips

Raw sugar futures on ICE fell for the first time in four sessions on Monday, after data showed speculators slightly increased their bearish stance amid abundant global supplies, while London cocoa firmed. October raw sugar settled down 0.09 cent, or 0.7 p

Published 26 Jun, 2018 12:00am

Gold lower in Asia

Gold prices edged lower on Monday, pressured by a strong US dollar amid prospects of higher interest rates, while global trade tensions kept the metal buoyed above a six-month low hit last week. Spot gold was down 0.3 percent at $1,264.70 an ounce as of 0

Published 26 Jun, 2018 12:00am

Gold prices near six-month low in Europe

Gold steadied off last week's six-month low on Monday as concerns over a global trade war ratcheted higher after a report said the United States plans to bar Chinese companies from investing in its technology firms. The US Treasury Department is crafting

Published 26 Jun, 2018 12:00am

Copersucar sees smaller Brazil crop

Brazil's Copersucar, the world's largest sugar and ethanol seller, expects smaller sugar production in the Brazilian center-south region in the current season due to ageing cane fields and drier weather and sees a more positive outlook for sugar prices.

Published 26 Jun, 2018 12:00am

US MIDDAY: gold hovers near six-month low

Gold hovered near last week's six-month low on Monday as investors flocked to US Treasuries rather than bullion, amid concerns over a global trade war ratcheting higher after a report said the United States plans to bar Chinese companies from investing in

Published 26 Jun, 2018 12:00am

Thar coal-based IPP achieves financial Closure

660MW Lucky Electric Coal Power Project based on Thar Coal has achieved financial closing today, signing of which was witnessed by caretaker Minister for Power, Ministry of Energy, Barrister Syed Ali Zafar.

Published 26 Jun, 2018 12:00am

Shaheen Air to fly over 40,000 pilgrims during Hajj season

Shaheen Air International is all set to fly over 40,000 pilgrims; comprising both private and government Hujjaj part of its annual Hajj schedule for the year 2018. The Hajj operations shall begin from 14th July, 2018 and will transport pilgrims from Karac

Published 26 Jun, 2018 12:00am

'Agriculture research playing vital role in ensuring food security'

Punjab Secretary Agriculture Dr Wasif Khurshid said that agricultural research is playing an important role in ensuring food security of the country. Wasif appreciating work speed and enthusiasm/dedication of agricultural scientists towards completion of

Published 26 Jun, 2018 12:00am

Country gets $10.448 billion foreign assistance in 11 months

The country provisionally received $10.448 billion of foreign assistance in first eleven months (July-May) of the current fiscal year against the budgeted estimates of $8.09 billion for 2017-18. The Economic Affaires Division (EAD) data revealed that gove

Published 26 Jun, 2018 12:00am

Mutual Funds

Nishat Chunian Limited

Nishat Chunian Limited (PSX: NCL) has grown from its humble origins of a spinning mill comprising of 14,400 spindles to become the fourth-largest textile company by sales. The company has managed to become a vertically integrated unit with annual spinning

Updated 26 Jun, 2018 07:28am

Mutual Funds

Nishat Chunian Limited

Nishat Chunian Limited (PSX: NCL) has grown from its humble origins of a spinning mill comprising of 14,400 spindles to become the fourth-largest textile company by sales. The company has managed to become a vertically integrated unit with annual spinning

Published 26 Jun, 2018 12:00am

'Drug abuse reaches its epidemic proportion in Pakistan'

The consumption of hard and soft drugs has reached its epidemic proportion in Pakistan as many spots in the provincial capital have become lucrative hubs for its consumption by the youth, said Consultant for Anti-Narcotics Syed Zulfiqar Hussain.

Published 26 Jun, 2018 12:00am

SCCI delegation leaves for Brazil

An eleven-member business delegation of Sialkot Chamber of Commerce and Industry (SCCI) headed by Khawaja Wajid Ali left for Brazil on Monday. The delegation leader mentioned that the visit will surely pave the way in enhancing bilateral trade between Pak

Published 26 Jun, 2018 12:00am

'Educating farmers essential for technology adoption'

Considering the challenges related to crop yield and productivity being faced by Pakistani farmers, it is time to equip farmers with necessary knowledge and practices for embracing more technologically advances approaches to agriculture.

Published 26 Jun, 2018 12:00am

NA-95, Mianwali: Tribunal allows Imran to contest election

An election tribunal (ET) on Monday accepted the appeal of Imran Khan and allowed him to contest election from NA-95, Mianwali. Earlier, the counsel for Imran Khan, argued that Khan mentioned complete detail of his assets and properties in his nomination

Published 26 Jun, 2018 12:00am

Amnesty scheme: Abrupt changes, misinterpretations shaking confidence of people: KCCI

President Karachi Chamber of Commerce & Industry (KCCI) Muffasar Atta Malik, while referring to abrupt changes including exclusion of income earned during the current fiscal year from the scope of tax amnesty scheme and revised formula for valuation of fo

Published 26 Jun, 2018 12:00am

Non-refund of security deposits make importers suffer

Importers of the finished goods made of artificial leather are facing serious liquidity crunch as the Customs department appears reluctant to refund security deposits amounting to around Rs 1.5 billion to meet its annual revenue target, despite dispute re

Published 26 Jun, 2018 12:00am

PPP, ANP seek action against banners, billboards

Pakistan People's Party (PPP) and Awami National Party (ANP) expressed outcry over not taking action against large size banners, billboards and panaflex installed by the candidates on different roads of Peshawar and warned that the parties' workers would

Published 26 Jun, 2018 12:00am

MMA begins election drive

The five-party religio-political alliance MMA has launched election campaign for the general elections 2018 with the pledge of the enforcement of Islamic system in the country.

Published 26 Jun, 2018 12:00am

Army chief meets Nasir-ul-Mulk

Chief of the Army Staff General Qamar Javed Bajwa called on caretaker Prime Minister former Justice Nasir-ul-Mulk on Monday. This was the second meeting of chief of the army staff with the Prime Minister since Mulk took charge as caretaker Prime Minister

Published 26 Jun, 2018 12:00am

'Masihi' instead of 'Esai': AGP directs ministries to execute CII's recommendations

Attorney General for Pakistan (AGP) has asked the ministries/chief secretaries to implement the recommendations of the Council of Islamic Ideology (CII) to refer the Christian community as 'Masihi' instead of 'Esai'.

Published 26 Jun, 2018 12:00am

Sales Tax Act: SNGPL urges FBR to remove ambiguity

Sui Northern Gas Pipelines Limited (SNGPL) has requested Federal Board of Revenue (FBR) to remove an ambiguity in the Sales Tax Act made through Finance Act 2018 regarding applicability of the reduced rate of sales tax rate on import and onward supply of

Published 26 Jun, 2018 12:00am

OMCs and dealers' margins: FBR to map out mechanism for GST recovery

The Federal Board of Revenue (FBR) will chalk out a mechanism for recovery of general sales tax (GST) on the oil marketing companies (OMCs) and dealers' margins of certain petroleum products in order to implement the decision of the Economic Coordination

Published 26 Jun, 2018 12:00am

Eden Housing Society: PTI appeals CJP to provide justice to victims

Pakistan Tehreek-e-Insaf (PTI) Information Secretary Fawad Chaudhry on Monday appealed to the Chief Justice of Pakistan to provide justice to the affectees of Eden Housing Society and to take action against culprits involved in corruption.

Published 26 Jun, 2018 12:00am

Saarc CCI for taking advantage of tax amnesty scheme

SAARC Chamber of Commerce and Industry senior vice president Iftikhar Ali Malik All has urged the individuals, investors and tycoons to take full advantage of well-designed and well conceived nationwide tax amnesty to declare all assets or cash parked off

Published 26 Jun, 2018 12:00am

Government urged for fast implementation of 'export package'

Pakistan Readymade Garments Manufacturers and Exporters Association has asked the Caretaker government to take care of the export sector, requesting for speedy implementation of Export Package, as the central bank is not disbursing the funds, already allo

Published 26 Jun, 2018 12:00am

Zardari greets Erdogan

Former President of Pakistan and President Pakistan Peoples Party Parliamentarians Asif Ali Zardari has felicitated Turkish President Tayyip Erdogan on his victory in elections.

Published 26 Jun, 2018 12:00am

Examination Regulations 2018: FJMU syndicate accords approval

The Syndicate of Fatima Jinnah Medical University (FJMU) which met here on Monday, accorded approval of Examination Regulations 2018 of the FJMU besides disposal of many administrative and financial issues including the ad hoc appointments with the prior

Published 26 Jun, 2018 12:00am

ECP nominates 42 monitoring officers in Faisalabad

Election Commission of Pakistan (ECP) has nominated 42 monitoring officers in the district for the monitoring of observance of code of conduct for the election campaign of general elections 2018. According to the notification issued in this regard, the De

Published 26 Jun, 2018 12:00am

DIG vows to ensure free, fair elections

Brushing aside the notion that police force will be used for manipulating the upcoming general elections, newly-appointed Deputy Inspector General of Police (Operations) Lahore Shahzad Akbar has vowed to ensure free, fair and transparent elections. "Holdi

Published 26 Jun, 2018 12:00am

General elections 2018: DRO issues final scheme for polling in Lahore

The District Returning Officer (DRO) on Monday issued the final scheme for polling in Lahore for the general elections 2018 scheduled to be held on July 25. Sources in the Election Commission of Pakistan (ECP) said on Monday that there will be separate po

Published 26 Jun, 2018 12:00am

Holding transparent polls top priority: Askari

Punjab caretaker Chief Minister Dr Hassan Askari on Monday said that holding of free, fair and transparent elections is the top priority and the provincial administration is fully active in this regard.

Published 26 Jun, 2018 12:00am

Pakistan should rebuild security, economic ties with US: IPR report

Economic weakness compromises national security, hence, Pakistan must reduce economic dependence on other countries, says a report issued on Monday by the Institute for Policy Reforms (IPR) on US-Pakistan relations.

Published 26 Jun, 2018 12:00am

Bilawal to announce party manifesto on June 28

The spokesman of PPP Chairman Bilawal Bhutto said on Monday that the PPP has finalized its 10th manifesto for the upcoming general elections 2018. Bilawal will announce it on June 28, he said, and added it would be a revolutionary one. According to the sp

Published 26 Jun, 2018 12:00am

Partly Facetious: Most personable candidate for PM post?

"Who do you reckon is the most personable candidate for the post of Prime Minister?"

Published 26 Jun, 2018 12:00am

30 percent increase in gas tariff to hit export sector: PHMA

Pakistan Hosiery Manufacturers & Exporters Association (PHMA) on Monday warned the government of a 'detrimental' effect on the country's export oriented sector with the falloff of OGRA's proposed gas tariffs increase up to 30 percent for industries.

Published 26 Jun, 2018 12:00am

SU holds workshop on ISO certification

University of Sindh has organised a training workshop about ISO 9001:2015 Certification. The workshop held in the Senate Hall of Vice-Chancellor's Secretariat was attended by the participation of Pro Vice Chancellors, Focal Persons, Deans, Directors/Chair

Published 26 Jun, 2018 12:00am

Pasban fields 14 candidates in Karachi

Pasban-e-Pakistan has fielded 3 contestants for the national assembly seats and 11 for the provincial assembly seats from Karachi and none of them belongs to the elite class, according to the Pasban president Altaf Shakoor.

Published 26 Jun, 2018 12:00am

'Pakistan unlikely to be named in FATF's blacklist'

Pakistan's placement on Financial Action Task Force (FATF) blacklist in the ongoing meeting is not anticipated because Pakistan has already submitted a comprehensive action plan. "Only those countries are moved to blacklist that do not make sufficient pro

Published 26 Jun, 2018 12:00am

Workshop on 'improving groundwater management'

Five-day Training Workshop on Improving Groundwater Management and Groundwater Modelling kicked off at US-Pakistan Center for Advanced Studies in Water (USPCAS-W) Mehran University of Engineering and Technology (MUET), on Monday.

Published 26 Jun, 2018 12:00am

Asadullah, Qadir Patel allowed to contest elections

MMA candidate and Jamaat-e-Islami's Sindh Amir Asadullah Bhutto's will be able to contest the election from NA-242. The election tribunal heard his case on Monday. His nomination papers were earlier rejected because of his outstanding debts.

Published 26 Jun, 2018 12:00am

Cotton

SWC warns industries to install waste treatment plants

Sindh Water Commission (SWC) on Monday announced to seal the industries, which would not install the treatment plants for industrial waste within the stipulated time period.

Published 26 Jun, 2018 12:00am

NSC meeting minutes: LHC issues notice to Abbasi for 'leakage'

A full bench of the Lahore High Court Monday issued notices to former prime minister Shahid Khaqan Abbasi for June 29 for disclosing minutes of the meeting of National Security Council to Nawaz Sharif.

Published 26 Jun, 2018 12:00am

PTI, PML-Q demand removal of governors, suspension of local bodies

Pakistan Tehreek-e-Insaf and Pakistan Muslim League-Q (PML-Q) have demanded removal of governors and suspension of local bodies for holding free and fair elections in the country.

Published 26 Jun, 2018 12:00am

Prime Minister greets Erdogan

Prime Minister of Pakistan, former Justice Nasir-ul-Mulk, in a message, congratulated President Recep Tayyip Erdogan of Turkey on his historic win in the presidential election as well as the success of his Justice and Development Party (AKP) in the parlia

Published 26 Jun, 2018 12:00am

Abbasi's candidature Tribunal reserves verdict

If the upcoming general elections are not held on time, those responsible for it should be tried under the Article 6 (treason) of the Constitution, suggested former Prime Minister Shahid Khaqan Abbasi on Monday.

Published 26 Jun, 2018 12:00am

Punjab CM Office: over 263 officers relieved of their duties

The Punjab government has relieved 264 officers posted in the Chief Minister's office of their duties and sent back to their respective departments as part of austerity measures. A government spokesman told that 151 officers and other staff deputed in CM'

Published 26 Jun, 2018 12:00am

Ali Jehanghir meets CGs, commercial counsellors

Ambassador Ali Jehanghir Siddiqui presided over a day-long conference of Pakistan's Consul Generals and Commercial Counsellors based in the United States at Pakistan Embassy DC over the weekend on Sunday.

Published 26 Jun, 2018 12:00am

PPP finalises manifesto for elections 2018

The Pakistan Peoples Party (PPP) has finalised its party manifesto for the general election 2018, which the party Chairman Bilawal Bhutto Zardari would announce at a press conference at Islamabad Press Club this week.

Published 26 Jun, 2018 12:00am

Bid to smuggle gemstones foiled

Law enforcement in Torkham border in the east has thwarted a bid to smuggle a sixteen-tonne shipment of gemstones to Pakistan. Spokesperson of Nangarhar governor Ataullah Khogyani said security stopped a truck loaded with gemstones that had purportedly em

Published 26 Jun, 2018 12:00am

Tribunal accepts nomination papers of Afzal Khokhar

An Appellate Tribunal of NA-53 on Monday accepted nomination papers of Pakistan Peoples Party candidate Afzal Khokhar while deferred hearing on the appeals of former Prime Minister Shahid Khaqan Abbasi, former governor KP Sardar Mehtab Abbasi and Ayesha G

Published 26 Jun, 2018 12:00am

CJ requests PM to oversee water crisis in capital

Chief Justice Mian Saqib Nisar Monday said he would request Prime Minister Nasir-ul-Mulk to personally monitor water shortage issue in the federal capital. A three-member bench of the apex court headed by the Chief Justice heard a suo motu case on water s

Published 26 Jun, 2018 12:00am

SC rejects petition seeking Dr Aafia's repatriation from US prison

The Supreme Court on Monday rejected a petition seeking Dr Aafia Siddiqui's repatriation from the US prison, saying the case does not come under the apex court's jurisdiction. A three-judge bench headed by Chief Justice Mian Saqib Nisar resumed the hearin

Published 26 Jun, 2018 12:00am

Avenfield reference: Nawaz's counsel to continue final arguments today

The counsel for former Prime Minister Nawaz Sharif, Khawaja Haris said on Monday that prosecution had completely failed to establish any link of his client with Avenfield apartments. Presenting his final arguments in the Avenfield reference before the Acc

Published 26 Jun, 2018 12:00am

NAB team grills Bukhari in offshore companies case

An investigative team of National Accountability Bureau (NAB) Monday questioned Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan's close friend Zulfikar Bukhari alias Zulfi Bukhari about his offshore companies. The London-based businessman was probed fo

Published 26 Jun, 2018 12:00am

ISPR warns public of fake telephone calls

Inter Services Public Relations (ISPR) Director General Major General Asif Ghafoor on Monday in a public awareness message warned of fake telephone calls being made to general public by individuals impersonating as Pakistan Armed Forces officials. In a st

Published 26 Jun, 2018 12:00am

Dar's medical report submitted in SC

A new medical report of former finance minister Ishaq Dar was submitted in the Supreme Court on Monday which states that he has not fully recovered. The report maintained that Dar's condition has improved by 10-15 percent but pain still exists in his arms

Published 26 Jun, 2018 12:00am

Key decisions: Nawaz remains final authority

Pakistan Muslim League-Nawaz (PML-N) decision to field candidates against former interior minister Chaudhry Nisar Ali Khan, and against the recommendation of the party president Shahbaz Sharif, is indicative of life time Quaid Nawaz Sharif remaining the f

Published 26 Jun, 2018 12:00am

Wapda to help Maldives in power sector

Chairman Water and Power Development Authority (WAPDA) Lieutenant General Muzammil Hussain (Retd) said on Monday that WAPDA is ready to fully support Maldives in development of its infrastructure in power sector. He was talking to a four-member delegation

Published 26 Jun, 2018 12:00am

Amnesty scheme

The Federal Board of Revenue (FBR) anticipates inflows of up to $ 4 billion in response to government's Amnesty Scheme. No doubt, the amount, if fetched, will propel the beleaguered foreign exchange reserves of the country, which are said to have reduced

Published 26 Jun, 2018 12:00am

Facing US blowback, Beijing softens 'Made in China 2025' message

Beijing has begun downplaying Made in China 2025, the state-backed industrial policy that has provoked alarm in the West and is core to Washington's complaints about the country's technological ambitions, diplomatic and Chinese state media sources said. W

Published 26 Jun, 2018 12:00am

Missing persons still missing

In line with the judicial activism that has become the hallmark of Chief Justice of Pakistan (CJP) Saqib Nisar, and which has elevated him in the eyes of the victims of the 'system' to the role of a saviour, his recent visits to Sukkur, Larkana and Hydera

Published 26 Jun, 2018 12:00am

Currency

Precarious balance of payments

The external balance of payments position of Pakistan has deteriorated sharply in the last two years. This is reflected in the extraordinary jump in the current account deficit. Non-debt creating inflows and external borrowing have not been adequate in fi

Published 26 Jun, 2018 12:00am

A 'democracy' of the rich and powerful

Since the Supreme Court (SC) ordered aspiring candidates in the elections to attach an affidavit to their nomination papers showing details of their assets and wealth to overcome the deletion of these details by the Elections Act 2017, a treasure trove of

Published 26 Jun, 2018 12:00am

Banks and SME development

The State Bank of Pakistan (SBP) has urged banks to prepare an action plan for the next three months which would provide input to the "policy for promotion of small and medium enterprises (SMEs)" that was launched on 22 December 2017 by the then Prime Min

Published 26 Jun, 2018 12:00am

Currency

Currency weakness: Iran bans 1,300 imports as protesters, police clash

Iran is banning imports of over 1,300 products, preparing its economy to resist threatened US sanctions, amid rare public protests against the plunge of its currency to record lows.

Published 26 Jun, 2018 12:00am

Currency

Currency weakness: Iran bans 1,300 imports as protesters, police clash

Iran is banning imports of over 1,300 products, preparing its economy to resist threatened US sanctions, amid rare public protests against the plunge of its currency to record lows.

Published 26 Jun, 2018 12:00am

Avenfield case: Nawaz, Maryam given three-day exemption

The Accountability Court hearing corruption cases against Sharif family Monday granted three-day exemption to former Prime Minister Nawaz Sharif and his daughter Maryam Nawaz from personal appearance before the court. The former prime minister and his dau

Published 26 Jun, 2018 12:00am

Avenfield case: Nawaz, Maryam given three-day exemption

The Accountability Court hearing corruption cases against Sharif family Monday granted three-day exemption to former Prime Minister Nawaz Sharif and his daughter Maryam Nawaz from personal appearance before the court. The former prime minister and his dau

Published 26 Jun, 2018 12:00am

Ex-Nato chief denied entry to US over Iran trips

Former Nato chief Javier Solana said Monday his online application to enter the United States was turned down for having travelled to Iran where he took part in negotiations on a nuclear deal. "It's a petty decision," he told Spanish television, explainin

Published 26 Jun, 2018 12:00am

Ex-Nato chief denied entry to US over Iran trips

Former Nato chief Javier Solana said Monday his online application to enter the United States was turned down for having travelled to Iran where he took part in negotiations on a nuclear deal. "It's a petty decision," he told Spanish television, explainin

Published 26 Jun, 2018 12:00am

PML-N candidate arrested by NAB

National Accountability Bureau (NAB) Lahore arrested Pakistan Muslim League-Nawaz's Qamarul Islam in connection with Saaf Pani Company corruption case on Monday, a day after PML-N fielded him to contest election against Chaudhry Nisar Ali Khan from NA-59

Published 26 Jun, 2018 12:00am

PML-N candidate arrested by NAB

National Accountability Bureau (NAB) Lahore arrested Pakistan Muslim League-Nawaz's Qamarul Islam in connection with Saaf Pani Company corruption case on Monday, a day after PML-N fielded him to contest election against Chaudhry Nisar Ali Khan from NA-59

Published 26 Jun, 2018 12:00am

NAB chief vows to continue war against corruption despite threats

National Accountability Bureau (NAB) Chairman former Justice Javed Iqbal has vowed to continue the war against corruption without any discrimination despite receiving threats of bomb attacks on the bureau's headquarters, according to Aaj News. Despite ser

Published 26 Jun, 2018 12:00am

NAB chief vows to continue war against corruption despite threats

National Accountability Bureau (NAB) Chairman former Justice Javed Iqbal has vowed to continue the war against corruption without any discrimination despite receiving threats of bomb attacks on the bureau's headquarters, according to Aaj News. Despite ser

Published 26 Jun, 2018 12:00am

Idea of CPEC initiated by Zardari in 2013: Chinese envoy

Deputy Chief Mission of Chinese Embassy, Lijian Zhao on Monday said that transparency is essential to minimise corruption and ensure success of all China-Pakistan Economic Corridor (CPEC) projects. Addressing a seminar titled ''CPEC & Role of Media - Sepa

Published 26 Jun, 2018 12:00am

Idea of CPEC initiated by Zardari in 2013: Chinese envoy

Deputy Chief Mission of Chinese Embassy, Lijian Zhao on Monday said that transparency is essential to minimise corruption and ensure success of all China-Pakistan Economic Corridor (CPEC) projects. Addressing a seminar titled 'CPEC & Role of Media - Separ

Published 26 Jun, 2018 12:00am

Idea of CPEC initiated by Zardari in 2013: Chinese envoy

Deputy Chief Mission of Chinese Embassy, Lijian Zhao on Monday said that transparency is essential to minimise corruption and ensure success of all China-Pakistan Economic Corridor (CPEC) projects. Addressing a seminar titled 'CPEC & Role of Media - Separ

Published 26 Jun, 2018 12:00am

The Weather

The weather report on Monday (June 25, 2018) and the forecast for Tuesday (June 26, 2018).

Published 26 Jun, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	157.10
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.25
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
India Sensex / Dec 23	78,540.17
Tokyo Nikkei / Dec 23	39,055.35
Nasdaq / Dec 23	19,764.89
Hang Seng / Dec 23	20,105.38
FTSE 100 / Dec 23	8,102.72
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77

Item	Value
Crude Oil USD/Barrel / Dec 23	69.60
Karachi Cotton PKR/37.32 KG / Dec 23	17,785
Gold 10 Grams PKR / Dec 23	241,087.80
Gold Spot USD/Ounce / Dec 23	2,617.29
Cotton US¢/pound / Dec 23	69.11
Petrol/Litre / Dec 24	252.10

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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