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Print - 2018-06-28
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 28 Jun, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 28 Jun, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 28 Jun, 2018 12:00am
European gasoline margins little changed

European gasoline margins little changed

Benchmark northwest European gasoline refining margins were little changed on Tuesday as trading activity remained muted. Barge operations in the port of Rotterdam remained disrupted after an oil spill in the port on Saturday, market participants said.
Published 28 Jun, 2018 12:00am
PMEX daily trading report

PMEX daily trading report

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,498. The traded value of Metals, Energy and COTS/FX was recorded at PKR6.672billion and the number of lots traded was 13,244.
Published 28 Jun, 2018 12:00am
Canadian canola futures fall

Canadian canola futures fall

ICE Canadian canola futures fell on Tuesday for a second straight session, following declines in allied US soyabean futures, traders said. Traders await plantings data due Friday from Statistics Canada. Trade estimates canola area of 22.4 million acres, h
Published 28 Jun, 2018 12:00am
CBOT soyabean futures sink on strong US crop prospects

CBOT soyabean futures sink on strong US crop prospects

Chicago Board of Trade soyabean futures fell on Tuesday on strong US crop ratings that have bolstered yield expectations, along with worries about trade tensions between the United States and China, the world's biggest soya buyer, traders said.
Published 28 Jun, 2018 12:00am
South Korea buys 1.7 million tonnes of corn in June

South Korea buys 1.7 million tonnes of corn in June

Another corn purchase by South Korea's largest feedmaker Nonghyup Feed Inc. (NOFI) on Tuesday brought heavy Korean corn buying in June to just over 1.7 million tonnes, traders said. NOFI purchased around 138,000 tonnes of corn expected to be sourced from
Published 28 Jun, 2018 12:00am
Shanghai rebar steel futures fall to four weeks low

Shanghai rebar steel futures fall to four weeks low

Shanghai rebar steel futures fell to their lowest in nearly four weeks on Tuesday, with risk appetite weakened by escalating trade tensions between the United States and its trading partners. Conflicting signals from the Trump administration over proposed
Published 28 Jun, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 123,005 tonnes of cargo comprising 108,189 tonnes of import cargo and 14,816 tonnes of export cargo including 5,221 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday.
Published 28 Jun, 2018 12:00am
Cotton prices rise on lacklustre business
Cotton

Cotton prices rise on lacklustre business

Cotton prices improved on the cotton market on Wednesday in the process of lacklustre trading activity, dealers said. The official spot rate was unchanged at Rs 7,500, they added. Prices of seed cotton in Sindh were at Rs 39800-4000, they said. In the Pun
Published 28 Jun, 2018 12:00am
European wheat falls on weak US markets

European wheat falls on weak US markets

European wheat fell in light trading on Tuesday, pushed down by falling US prices, favourable crop weather in France and an Egyptian tender purchase that underlined the competitive edge of Russian wheat. December milling wheat, the most active position on
Published 28 Jun, 2018 12:00am
Heathrow's Spanish manager to move holdings to Amsterdam from Britain

Heathrow's Spanish manager to move holdings to Amsterdam from Britain

Spanish infrastructure giant Ferrovial, which manages London's Heathrow airport, said Tuesday it will move its international holdings from Britain to Amsterdam because of Brexit. "The reason for the move is to maintain these holdings under the umbrella of
Published 28 Jun, 2018 12:00am
JCDecaux to buy Australia's APN Outdoor

JCDecaux to buy Australia's APN Outdoor

French advertising giant JCDecaux said Tuesday it has reached a deal to acquire Australia's APN Outdoor, a leader in the billboard publicity market, for 714 million euros ($835 million). Under the terms of the agreement, JCDecaux will pay Aus$6.70 (4.24 e
Published 28 Jun, 2018 12:00am
Colombia to resume aerial spraying to destroy coca crop

Colombia to resume aerial spraying to destroy coca crop

Colombia will resume aerial spraying of coca plantations with the herbicide glyphosate to counter a record increase in production of the cocaine crop, President Juan Manuel Santos announced Tuesday. Santos, who will step down at the end of his term in Aug
Published 28 Jun, 2018 12:00am
First Rwandan-made Volkswagen rolls off assembly line

First Rwandan-made Volkswagen rolls off assembly line

The first Rwandan-made Volkswagen car rolled off the assembly line on Wednesday at the country's first auto factory. The small Polo hatchback vehicle was greeted by President Paul Kagame and Volkswagen South Africa boss Thomas Schafer at the $20 million (
Published 28 Jun, 2018 12:00am
New Zealand business sentiment sinks

New Zealand business sentiment sinks

New Zealand business confidence sank to a seven-month low in June, a survey by ANZ Bank showed on Wednesday, reinforcing recent signs the country's economy was losing some of its gloss after years of strong growth. The survey's headline measure showed a n
Published 28 Jun, 2018 12:00am
Thyssenkrupp nears JV compromise deal with Tata Steel

Thyssenkrupp nears JV compromise deal with Tata Steel

Thyssenkrupp and Tata Steel are nearing a 15 billion euro ($17.4 billion) deal this week to combine their European assets into a global steel giant, sources familiar with the talks told Reuters. Talks to hammer out the final details are progressing well a
Published 28 Jun, 2018 12:00am
Dollar steadies in Asia trade
Currency

Dollar steadies in Asia trade

The dollar held steady against a basket of currencies on Wednesday, its earlier bounce from two-week lows flagging amid lingering trade conflict concerns. The dollar index against a basket of six major currencies was steady at 94.652 after gaining 0.4 per
Published 28 Jun, 2018 12:00am
Euro slips; yuan slides in Europe
Currency

Euro slips; yuan slides in Europe

The euro fell on Wednesday as concern about an escalating trade conflict boosted the dollar and the yen, while the Chinese yuan slumped to a six-month low. Worries that a full-blown trade war will break out between Beijing and Washington continued to weig
Published 28 Jun, 2018 12:00am
Dollar rises across the board in New York
Currency

Dollar rises across the board in New York

The dollar rose across the board on Tuesday, as lingering global trade tensions prompted traders to ditch most high-yielding currencies and investors focused on expectations the Federal Reserve will continue to raise interest rates. The dollar index, whic
Published 28 Jun, 2018 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 83.70-83.70 (Previous 83.70-83.70).
Published 28 Jun, 2018 12:00am
Bahrain dinar, bonds rebound
Currency

Bahrain dinar, bonds rebound

Bahrain's dinar recovered from 17-year lows and its bond prices rebounded on Wednesday after the country's diplomatic allies in the Gulf pledged to prevent its ballooning public debt from triggering a financial crisis. Bankers said the pledge of aid to Ba
Published 28 Jun, 2018 12:00am
Bahrain dinar, bonds rebound
Currency

Bahrain dinar, bonds rebound

Bahrain's dinar recovered from 17-year lows and its bond prices rebounded on Wednesday after the country's diplomatic allies in the Gulf pledged to prevent its ballooning public debt from triggering a financial crisis. Bankers said the pledge of aid to Ba
Published 28 Jun, 2018 12:00am
Most Asian units slip; Indian rupee falls most

Most Asian units slip; Indian rupee falls most

Most Asian currencies edged down on Wednesday as investors waited to see the next development in the trade tussle involving the United States and China. "At this stage, we may be reduced to headline watching with regards to Asian currencies," OCBC's Teren
Published 28 Jun, 2018 12:00am
Aussie, kiwi slip

Aussie, kiwi slip

The Australian and New Zealand dollars slipped on Wednesday as sharp losses in China's yuan only added to concerns about the possible impact of tariffs on global trade and growth. The kiwi dollar took an extra knock from a disappointing business survey an
Published 28 Jun, 2018 12:00am
Sterling falls

Sterling falls

Sterling fell on Wednesday as the dollar rebounded, on track for its biggest daily drop in nearly two weeks, as imminent Brexit talks and doubts the Bank of England will raise interest rates at all this year darkened the outlook for the pound. The dollar
Published 28 Jun, 2018 12:00am
Real estate, construction drag Dubai down, Saudi index rises

Real estate, construction drag Dubai down, Saudi index rises

Real estate and construction companies continued to weigh on the Dubai market on Wednesday as Drake & Scull (DSI) extended losses and the Abu Dhabi market also dropped. DSI shares plunged 10 percent for a third consecutive day to close at 0.73 dirhams ($0
Published 28 Jun, 2018 12:00am
Hong Kong stocks fall

Hong Kong stocks fall

Hong Kong stocks slid to nearly a seven-month low on Wednesday as a sharp fall in the yuan added to worries about China's economic growth amid escalating US-China trade tensions. The Hang Seng index fell 1.8 percent, to 28,356.26, while the China Enterpri
Published 28 Jun, 2018 12:00am
Energy leads Wall Street rebound as trade worries ease

Energy leads Wall Street rebound as trade worries ease

US stocks found their footing on Tuesday, helped by gains in the energy, technology and consumer discretionary sectors after a sharp sell-off a day earlier on spiralling global trade tensions. Energy stocks added the most gains among the S&P 500's 11 majo
Published 28 Jun, 2018 12:00am
Indian shares fall

Indian shares fall

Indian shares fell on Wednesday to a three-week closing low, as investors turned cautious a day before the expiry of derivatives contracts, while rising oil prices also dampened sentiment. The broader NSE index closed 0.91 percent lower at 10,671.40, afte
Published 28 Jun, 2018 12:00am
Treasury yields edge higher

Treasury yields edge higher

US Treasury yields edged higher on Tuesday as concerns lingered that trade wars could harm economic growth, but safety buying was capped by expectations the Federal Reserve will continue to raise interest rates. Trade war fears were stoked by reports that
Published 28 Jun, 2018 12:00am
Treasury yields edge higher

Treasury yields edge higher

US Treasury yields edged higher on Tuesday as concerns lingered that trade wars could harm economic growth, but safety buying was capped by expectations the Federal Reserve will continue to raise interest rates. Trade war fears were stoked by reports that
Published 28 Jun, 2018 12:00am
China blue-chips hit 13-month low

China blue-chips hit 13-month low

China stocks extended a bruising sell-off on Wednesday, with blue chips slumping to their worst loss in over a year on growing concerns about the economic outlook amid a bitter trade dispute with the United States and a faltering yuan. Investors worried a
Published 28 Jun, 2018 12:00am
Nikkei edges down

Nikkei edges down

Japan's Nikkei share average dropped on Wednesday after higher oil prices hurt rubber products makers, airlines and shippers, while companies' going ex-dividend added to the market's broader weakness. Yet the market came off early lows which traders suspe
Published 28 Jun, 2018 12:00am
Fresh optimism on trade lifts European shares

Fresh optimism on trade lifts European shares

Relief that the trading dispute between China and the United States was on course to de-escalate pushed European shares higher on Wednesday after a start in negative territory. Fears over higher global barriers to trade had initially sent European stocks
Published 28 Jun, 2018 12:00am
Australian shares steady

Australian shares steady

Australian shares ended little changed on Wednesday as strength in energy and materials stocks was countered by declines in banks and industrials. The S&P/ASX 200 index fell 1.70 points to 6,195.90 at the close of trade. The benchmark slipped 0.2 percent
Published 28 Jun, 2018 12:00am
Southeast Asian stocks: Philippines jumps; other markets fall

Southeast Asian stocks: Philippines jumps; other markets fall

Philippine shares jumped 2.4 percent on Wednesday, the most in three months, while other Southeast Asian stock markets declined in line with broader Asia as further falls in Chinese equities and the yuan sent ripples across the region. MSCI's broadest ind
Published 28 Jun, 2018 12:00am
FTSE rebounds as trade war fears recede

FTSE rebounds as trade war fears recede

The UK's top share index rebounded on Wednesday as fresh optimism regarding US trade policy fuelled risk appetite with the help of buoyant energy stocks. The blue chip FTSE 100 index started the day in negative territory but closed up 1.1 percent at 7,621
Published 28 Jun, 2018 12:00am
US debt highest of post-war era

US debt highest of post-war era

US sovereign debt is approaching historically high levels and in three decades debt service will cost as much as Social Security spending, the Congressional Budget Office reported Tuesday. The annual projections from the independent congressional body dre
Published 28 Jun, 2018 12:00am
Bank of England criticises Brussels on Brexit plans

Bank of England criticises Brussels on Brexit plans

The Bank of England on Wednesday criticised the European Union for not revealing financial sector contingency plans in the event of Britain leaving the bloc without a deal. The BoE's Financial Policy Committee, tasked with safeguarding the financial syste
Published 28 Jun, 2018 12:00am
China lifts ban on import of British beef

China lifts ban on import of British beef

China has lifted a ban on importing British beef lasting more than 20 years that was triggered by the "mad cow disease" outbreak, the UK government said on Wednesday. "China has today lifted its longstanding ban on exports of beef from the UK, in a landma
Published 28 Jun, 2018 12:00am
French consumer morale hits lowest in nearly two years

French consumer morale hits lowest in nearly two years

French consumers were at their least upbeat in nearly two years this month as concerns over inflation and personal finances weighed, data showed, adding to signs of slowing momentum in the euro zone's second-biggest economy. The INSEE statistics agency's
Published 28 Jun, 2018 12:00am
US Supreme Court deals major blow to American unions

US Supreme Court deals major blow to American unions

The US Supreme Court on Wednesday dealt a major blow to American organized labour, ruling that public sector unions cannot charge non-members fees to cover the costs of collective bargaining. The 5-4 decision by the conservative-dominated court reversed a
Published 28 Jun, 2018 12:00am
Sri Lanka beat West Indies to draw Test series

Sri Lanka beat West Indies to draw Test series

Kusal Perera battled through a painful chest injury in partnership with namesake Dilruwan Perera to guide Sri Lanka to an historic series-levelling four-wicket victory over the West Indies in the third and final Test at Kensington Oval in Barbados on Tues
Published 28 Jun, 2018 12:00am
Holland rout Pakistan 4-0 in Champions Trophy

Holland rout Pakistan 4-0 in Champions Trophy

Pakistan suffered its third successive defeat in the Champions Trophy hockey tournament when hosts The Netherlands routed them 4-0 in Breda. Holland which had defeated strong Belgian side 6-1 in their previous game,scored another big win against ever stru
Published 28 Jun, 2018 12:00am
All-Pakistan Games for Persons with Disabilities begin

All-Pakistan Games for Persons with Disabilities begin

The 26th edition of the Games for Persons with Disabilities-2018 part of the recently concluded U-23 Games begins here at different venues of the Comsates University Abbottabad on Wednesday. Director General (DG) Sports Khyber Pakhtunkhwa Junaid Khan was
Published 28 Jun, 2018 12:00am
Sarfraz optimistic to show better results in Zimbabwe

Sarfraz optimistic to show better results in Zimbabwe

Terming the T20 Triangular series in Zimbabwe 'tough', Pakistan Cricket team skipper, Sarfraz Ahmad on Wednesday said boys are geared up to play quality cricket to show positive results. Talking to media here at the Qadhafi Stadium on the last day of shor
Published 28 Jun, 2018 12:00am
UEFA bans AC Milan from Europa League next season

UEFA bans AC Milan from Europa League next season

UEFA said Wednesday it had banned AC Milan from the Europa League next season for violating financial fair play rules after the club took on risky levels of debt. "The club is excluded from participating in the next UEFA club competition for which it woul
Published 28 Jun, 2018 12:00am
Kane has British PM flying the flag for World Cup matches

Kane has British PM flying the flag for World Cup matches

England's bright start to the World Cup has infected even the normally placid British Prime Minister Theresa May with football fever as she flies the flag for Harry Kane's young team. After more than half a century of heartache, fans have started to dream
Published 28 Jun, 2018 12:00am
Kosovo, Albania collect money for fined Swiss players

Kosovo, Albania collect money for fined Swiss players

Kosovo and Albania are collecting money to pay the FIFA fines of Switzerland players Granit Xhaka, Xherdan Shaqiri and Stephan Lichtsteiner for celebrating goals with a pro-Kosovo double eagle gesture in their World Cup win over Serbia. Arsenal midfielder
Published 28 Jun, 2018 12:00am
Messi's Argentina save World Cup hopes with last-gasp goal

Messi's Argentina save World Cup hopes with last-gasp goal

Argentina rescued their World Cup hopes in dramatic fashion on Tuesday as defender Marcos Rojo scored a stunning volley to snatch a late 2-1 win over Nigeria and set up a last-16 match against France. Lionel Messi set the two-time winners on their way wit
Published 28 Jun, 2018 12:00am
Shambolic Germany sent packing

Shambolic Germany sent packing

Champions Germany crashed out of the World Cup after suffering a stunning 2-0 defeat by a tenacious South Korea on Wednesday that eliminated them in the opening round for the first time in 80 years. Germany would have progressed with a win at the Kazan Ar
Published 28 Jun, 2018 12:00am
Migrant rescue ship docks in Malta as EU nations reach deal

Migrant rescue ship docks in Malta as EU nations reach deal

A rescue boat stranded for nearly a week in the Mediterranean with over 200 migrants docked in Malta Wednesday, after a deal was struck between a group of EU states to take them in. Lifeline, a vessel for the German charity Mission Lifeline, had been wait
Published 28 Jun, 2018 12:00am
Jackson five patriarch Joe Jackson dies

Jackson five patriarch Joe Jackson dies

Joe Jackson, the father of Michael Jackson who created the Jackson 5 music family with iron will, died Wednesday, family members confirmed. He was 89. Entertainment sites TMZ and ET said Jackson died Wednesday morning in Los Angeles after a battle with ca
Published 28 Jun, 2018 12:00am
US regulators approve Disney-Fox mega-deal, with conditions

US regulators approve Disney-Fox mega-deal, with conditions

US antitrust regulators on Wednesday conditionally approved Walt Disney's proposed $71.3 billion purchase of key 21st Century Fox assets, boosting the chances for the tie-up to create a new media-entertainment powerhouse.
Published 28 Jun, 2018 12:00am
US, Russia agree to Putin-Trump summit

US, Russia agree to Putin-Trump summit

Russian President Vladimir Putin agreed to hold a summit with Donald Trump in a third country at talks on Wednesday with the US leader's hawkish national security advisor, voicing hope for an easing of tensions between the two nations.
Published 28 Jun, 2018 12:00am
Bosnia says EU refuses to fund migrant centre

Bosnia says EU refuses to fund migrant centre

Bosnia on Wednesday accused the European Union of changing its mind and refusing to fund a migrant centre in the Balkan country because it would be too close to the bloc's southern border. As a key section of the migrant route into Western Europe, Bosnia
Published 28 Jun, 2018 12:00am
Turkey frees journalist

Turkey frees journalist

Turkish journalist Mehmet Altan was Wednesday freed after almost two years in jail in a case that intensified concerns about press freedom under President Recep Tayyip Erdogan. Altan, first arrested in September 2016 for alleged links to the group blamed
Published 28 Jun, 2018 12:00am
South Sudan foes agree 'permanent' ceasefire within 72 hours

South Sudan foes agree 'permanent' ceasefire within 72 hours

South Sudan's President Salva Kiir and his arch-foe Riek Machar agreed Wednesday to a "permanent" ceasefire to take effect within 72 hours, raising hopes of an end to four-and-a-half years of war. The conflict erupted in 2013, around two years after South
Published 28 Jun, 2018 12:00am
World powers agree to give chemical watchdog teeth in Syria

World powers agree to give chemical watchdog teeth in Syria

The international community on Wednesday voted to boost the powers of the global chemical weapons watchdog to enable it to name those behind toxic arms attacks in Syria, fighting off stiff opposition from Russia. After two days of tense talks, the British
Published 28 Jun, 2018 12:00am
Xi says China not 'expansionist' but won't give up territory

Xi says China not 'expansionist' but won't give up territory

Chinese President Xi Jinping told US Defense Secretary James Mattis Wednesday that China has no plans to create chaos in the world - although he defended his country's claim to disputed islands in the South China Sea. Answering Mattis's open questions abo
Published 28 Jun, 2018 12:00am
Cotton futures up ahead of USDA reports
Cotton

Cotton futures up ahead of USDA reports

ICE cotton futures settled higher for the first time this week in narrow range trading on Wednesday, as investors remained cautious ahead of the US Department of Agriculture's (USDA) crop acreage report later this week. The most active cotton contract on
Published 28 Jun, 2018 12:00am
Zinc rebounds on bargain hunting; tin, copper sink

Zinc rebounds on bargain hunting; tin, copper sink

Zinc and other industrial metals recovered on Wednesday on bargain hunting and consumer buying, but sentiment was still fragile due to persistent fears about the prospect of trade conflicts hitting economic growth. Tin tumbled to the lowest in nearly six
Published 28 Jun, 2018 12:00am
Oil rallies as supply disruptions seen from Canada to Libya

Oil rallies as supply disruptions seen from Canada to Libya

Oil prices jumped on Wednesday as plunging US crude stockpiles compounded supply worries in a market already uncertain about Libyan exports, a production disruption in Canada and Washington's demands that importers stop buying Iranian crude from November.
Published 28 Jun, 2018 12:00am
Rubber rises

Rubber rises

Benchmark Tokyo rubber futures climbed for a second straight session on Wednesday, moving further away from an about 21-month low hit earlier this week, as surging oil prices boosted risk appetite among investors. The Tokyo Commodity Exchange rubber contr
Published 28 Jun, 2018 12:00am
Palm oil gains
Vegetable Oil

Palm oil gains

Malaysian palm oil futures jumped to their highest in over a week on Wednesday evening, supported by forecasts of weaker output and stronger related edible oils. The market was also earlier supported by a weaker ringgit, palm's currency of trade which typ
Published 28 Jun, 2018 12:00am
New York cocoa, raw sugar tumble
Currency

New York cocoa, raw sugar tumble

New York cocoa futures on ICE slumped to a two-week low on Wednesday, weighed by the weak British pound and improving crop weather in West Africa, while raw sugar dropped by more than 3 percent on pressure from the weak Brazilian real currency. September
Published 28 Jun, 2018 12:00am
Gold hits over six-month low in New York

Gold hits over six-month low in New York

Gold hit its lowest in over six months on Tuesday as a selloff in global risk assets eased and the precious metal remained under pressure from the prospect that rising US interest rates will further support the dollar. Modest gains from Europe's main bour
Published 28 Jun, 2018 12:00am
Gold slips in Asia

Gold slips in Asia

Gold prices hit a fresh six-and-a-half-month low on Wednesday as the US dollar steadied and investors turned to other safe-haven assets amid expectations of more interest rate hikes by the US Federal Reserve. Spot gold fell for a third straight session an
Published 28 Jun, 2018 12:00am
Gold keeps falling in European trade

Gold keeps falling in European trade

Gold prices slipped to a new six-month low on Wednesday as the dollar strengthened, making bullion more expensive for buyers using other currencies. The move takes gold's losses this month to more than 3 percent - the biggest monthly loss since September
Published 28 Jun, 2018 12:00am
US MIDDAY: wheat up

US MIDDAY: wheat up

US wheat futures rose on Wednesday on bargain buying after a three-session sell-off pushed the Chicago Board of Trade September contract to a one-week low, traders said.
Published 28 Jun, 2018 12:00am
US MIDDAY: gold dips

US MIDDAY: gold dips

Gold prices dipped to a fresh six-month low on Wednesday as the US dollar strengthened, making bullion more expensive for buyers using other currencies. Platinum also hit its lowest level since February 2016.
Published 28 Jun, 2018 12:00am
SWC gives two-week deadline to SSWMB for disposal of garbage

SWC gives two-week deadline to SSWMB for disposal of garbage

Sindh Water Commission (SWC) on Wednesday granted two-week time to Sindh Solid Waste Management Board (SSWMB) for lifting and disposal of garbage in the districts of Karachi, which have been contracted out to Chinese companies.
Published 28 Jun, 2018 12:00am
Nimir Industrial Chemicals Limited
Mutual Funds

Nimir Industrial Chemicals Limited

Nimir Industries Chemicals Limited (PSX: NICL) manufactures and sells industrial chemical products in Pakistan. It operates in the oleo chemicals and chlor alkali industry, producing satiric acid, soap noddles, and glycerin as well as caustic soda, sodium
Published 28 Jun, 2018 12:00am
Nimir Industrial Chemicals Limited
Mutual Funds

Nimir Industrial Chemicals Limited

Nimir Industries Chemicals Limited (PSX: NICL) manufactures and sells industrial chemical products in Pakistan. It operates in the oleo chemicals and chlor alkali industry, producing satiric acid, soap noddles, and glycerin as well as caustic soda, sodium
Published 28 Jun, 2018 12:00am
Punjab Food Fortification Strategy 2018 launched

Punjab Food Fortification Strategy 2018 launched

The Punjab Food Department, the National Fortification Alliance (NFA) and the United Nations World Food Programme (WFP) launched the Punjab Food Fortification Strategy 2018 on Wednesday to address high rate of micronutrient deficiencies in Punjab, Pakista
Published 28 Jun, 2018 12:00am
Askari lauds Germany's role in giving Pakistan access to European market

Askari lauds Germany's role in giving Pakistan access to European market

Caretaker Punjab Chief Minister Dr Hasan Askari has said the youth can be mobilized towards economic empowerment through technical education and added that establishment of quality technical and engineering institutions in the province is imperative and G
Published 28 Jun, 2018 12:00am
LCCI greets commerce minister

LCCI greets commerce minister

The Lahore Chamber of Commerce & Industry (LCCI) has congratulated new caretaker commerce minister Mian Misbah-ur-Rehman hoped that he would design a comprehensive strategy with the consultation of business community to boost the exports.
Published 28 Jun, 2018 12:00am
Glowing tributes paid to Yusufi

Glowing tributes paid to Yusufi

Glowing tributes were paid to legendary humour writer Mushtaq Ahmed Yusufi at a condolence reference held here at the Punjab University Faculty of Oriental Learning on Wednesday.
Published 28 Jun, 2018 12:00am
FPCCI hails Yasmin's appointment as FBR chief

FPCCI hails Yasmin's appointment as FBR chief

The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and business community on Wednesday hailed appointment of Rukhsana Yasmin as the Chairperson Federal Board of Revenue (FBR) and said that she would take effective steps for addressing pro
Published 28 Jun, 2018 12:00am
Display of weapons banned

Display of weapons banned

Newly-appointed Deputy Inspector General of Police (Operations) Lahore Shahzad Akbar on Wednesday clamped ban over displaying of weapons by politicians and their supporters during their election campaigns. "In this regard, all divisional Superintendents o
Published 28 Jun, 2018 12:00am
Workshops organised at UVAS's Ravi Campus

Workshops organised at UVAS's Ravi Campus

Under the auspices of 'In-service Training Facility of Advance Veterinary Education and Professional Development for Veterinary Professionals (IVPD)', a Punjab government funded project, organised various workshops at University of Veterinary and Animal S
Published 28 Jun, 2018 12:00am
PPP announces National Assembly candidates from central Punjab

PPP announces National Assembly candidates from central Punjab

Pakistan Peoples Party (PPP) Central Punjab has announced list of National Assembly candidates on Wednesday. Chairman Bilawal Bhutto and Co-chairman Asif Zardari approved the list and instructed the candidates to collect their tickets from Bilawal House.
Published 28 Jun, 2018 12:00am
CEO most relevant person to hold company's assets as trust: SECP

CEO most relevant person to hold company's assets as trust: SECP

While rejecting an order of the Securities Market Division (SMD) SECP against a broker, the Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) has ruled that Chief Executive Officer (CEO) is the most relevant person to hold the p
Published 28 Jun, 2018 12:00am
Special persons: ECP arranges postal ballot papers

Special persons: ECP arranges postal ballot papers

The Election Commission of Pakistan (ECP) to facilitate the disabled persons to use their right to franchise in the general elections has arranged postal ballot papers for them.
Published 28 Jun, 2018 12:00am