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Print - 2018-06-30
CBOT wheat futures higher on bargain buying

CBOT wheat futures higher on bargain buying

Wheat futures on the Chicago Board of Trade closed higher on Wednesday on bargain buying after a three-session slide pushed the CBOT September contract to one-week low, traders said. CBOT September soft red winter wheat settled up 5-1/2 cents at $4.88-1/2
Published 30 Jun, 2018 12:00am
China's high-quality wheat acreage rises

China's high-quality wheat acreage rises

China's summer grains acreage was expected to be at 408 million mu (27.2 million hectares), slightly down from last year, the country's Ministry of Agriculture and Rural Affairs said in a statement on Tuesday. Wheat yield was down after rains during plant
Published 30 Jun, 2018 12:00am
Yousufi's inimitable brand of humour

Yousufi's inimitable brand of humour

We learned to laugh from Mushtaq Ahmed Yousufi and he learned how to make people laugh. Humour is the quality of being amusing or comic, especially as expressed in literature or speech. Mushtaq Ahmed Yousufi was humour's Lord and with his demise on 20th J
Published 30 Jun, 2018 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

Gold prices rose on Friday from six-month lows as a weaker US dollar prompted bargain hunting, but bullion was on track for weekly and monthly declines and analysts said many speculators maintained short positions, leaving prices vulnerable to further los
Published 30 Jun, 2018 12:00am
Pull your socks up

Pull your socks up

Pakistan today is confronted with multiple financial, economic, governance and national identity challenges as never before. The situation therefore underscores the need for taking urgent steps to deal with these critical issues in an effective and meanin
Published 30 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 30 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 30 Jun, 2018 12:00am
Iran's rulers face discontent as US pressure mounts
Currency

Iran's rulers face discontent as US pressure mounts

Mounting pressure from the Trump administration combined with discontent among many Iranians at the state of the economy are rattling the Islamic Republic, with little sign that its leaders have the answers, officials and analysts say.
Published 30 Jun, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (June 29, 2018).

Published 30 Jun, 2018 12:00am
The Weather

The Weather

The weather report on Friday (June 29, 2018) and the forecast for Saturday (June 30, 2018).

Published 30 Jun, 2018 12:00am
Lack of mandate, resources

Lack of mandate, resources

This is apropos a Business Recorder news item "Economic challenges: Caretaker govt hamstrung by lack of mandate" carried by the newspaper yesterday. According to it, the caretaker government has neither the mandate to take policy decisions nor the
Published 30 Jun, 2018 12:00am
Defence counsel presents final arguments in Avenfield reference

Defence counsel presents final arguments in Avenfield reference

The decision of Queen's Bench Division of High Court of London regarding the Hudaibiya Papers Mills loans acquired through Al-Towfeek Investment Fund, delivered in 1999, proves the association of Sharif family with London flats but it did not show any nex
Published 30 Jun, 2018 12:00am
MMA's poll campaign begins with the pledge to reform tax system

MMA's poll campaign begins with the pledge to reform tax system

Muttahida Majlis-e-Amal (MMA) - an electoral coalition of religio-politico parties - has begun its election drive with a pledge to reform tax system, introduce social security, generate jobs and hold corrupt ruling elite accountable if elected in July 25
Published 30 Jun, 2018 12:00am
Book on Islamic finance: IBA-CEIF and IMSciences ink MoU

Book on Islamic finance: IBA-CEIF and IMSciences ink MoU

IBA Centre for Excellence in Islamic Finance (IBA-CEIF) and CEIF, IMSciences have signed an MOU for writing a globally impactful book on Innovations in Islamic Finance. These institutions are the sister centers established by the State Bank of Pakistan fo
Published 30 Jun, 2018 12:00am
PML-N leader files reference against CJP in SJC

PML-N leader files reference against CJP in SJC

A reference has been filed in the Supreme Judicial Council (SJC) against the incumbent Chief Justice of Pakistan (CJP) Mian Saqib Nisar. Pakistan Muslim League-Nawaz leader Siddiq-ul-Farooq Friday filed the 70-page reference under the Article 209 of the C
Published 30 Jun, 2018 12:00am
607 bags of betel nuts recovered from Lyari

607 bags of betel nuts recovered from Lyari

Model Customs Collectorate (MCC), Preventive on Friday claimed to have recovered 607 bags of betel nuts worth Rs 7.4 million from Lyari area. According to details, the action was taken on a tip-off, which revealed that substantial quantity of betel nuts w
Published 30 Jun, 2018 12:00am
JI announces candidates for 10 NA, 37 PA seats in KP

JI announces candidates for 10 NA, 37 PA seats in KP

Jamaat-e-Islami (JI) has announced the candidates for 10 national and 37 provincial assembly seats from Khyber Pakhtunkhwa. While, all parties, which were part of the Muttihada Majlis-e-Amal (MMA) will contest election on 12 tribal district seats independ
Published 30 Jun, 2018 12:00am
DMCs told to increase HR, machinery for cleanling SWDs

DMCs told to increase HR, machinery for cleanling SWDs

Sindh Water Commission (SWC) on Friday directed District Municipal Corporations (DMCs) of Karachi to increase the human resource and machinery by three times to clean the nullahs in view of monsoon rains in the metropolis.
Published 30 Jun, 2018 12:00am
PTV MD appointment: CJP for reimbursement of Rs 270 million from Qasmi

PTV MD appointment: CJP for reimbursement of Rs 270 million from Qasmi

Chief Justice of Pakistan Mian Saqib Nisar said on Friday if Atta-ul-Haq Qasmi is ready to voluntarily return Rs270 million he received as former chairman and managing director of Pakistan Television Corporation (PTV), the case involving his illegal appoi
Published 30 Jun, 2018 12:00am
PFM announces candidates for elections

PFM announces candidates for elections

Pakistan Freedom Movement (PFM) on Friday announced its candidates for July 25 general elections. The movement has issued party tickets from KPK provincial seats Swat-III to Naimatullah, Mardan-I to Mohammad Saad, Karak KPK-86 to Wahadullah, NA-30 and PP-
Published 30 Jun, 2018 12:00am
PIA requets SC to remove CEO's name from ECL

PIA requets SC to remove CEO's name from ECL

The national flag carrier has requested the Supreme Court to remove the name of chief executive officer of Pakistan International Airline Corporation Ltd (PIACL) from exit control list (ECL), as travel ban is limiting his mobility and affecting discharge
Published 30 Jun, 2018 12:00am
No hope of justice for Nawaz from AC: Khaqan

No hope of justice for Nawaz from AC: Khaqan

Former Premier Shahid Khaqan Abbasi said he had no hope of justice for Nawaz Sharif from the accountability court. He was talking to media persons, after obtaining relief from the Lahore High Court for contesting election.
Published 30 Jun, 2018 12:00am
KP caretaker CM hints at expansion of cabinet in a couple of days

KP caretaker CM hints at expansion of cabinet in a couple of days

Caretaker Chief Minister Khyber Pakhtunkhwa former Justice Dost Mohammad Khan hinted at expansion in the Provincial Cabinet within next few days, adding the government had already formed a committee/task force to interact with the federal government for i
Published 30 Jun, 2018 12:00am
SC decides to take up PSP's petition after polls

SC decides to take up PSP's petition after polls

The Supreme Court has decided to take up Pak Sarzameen Party's petition to ascertain seats of National Assembly and Sindh provincial assembly from Karachi and Hyderabad Divisions on the basis of NADRA data after the elections 2018.
Published 30 Jun, 2018 12:00am
CJP urged to refrain from humiliating judges

CJP urged to refrain from humiliating judges

Justice Shaukat Aziz Siddiqui, a judge of Islamabad High Court, Friday made a humble appeal to Chief Justice of Pakistan (CJP) Mian Saqib Nisar for not passing personal or derogatory comments against judges of other courts as all the judges are equally wo
Published 30 Jun, 2018 12:00am
Chinese envoy meets Sherry

Chinese envoy meets Sherry

Leader of the Opposition in the Senate, Senator Sherry Rehman observed that high-level contacts and multi-sectoral cooperation between Pakistan and China are a manifestation of the fact that both sides accord high importance to bilateral relations and des
Published 30 Jun, 2018 12:00am
Shahbaz demands level-playing field for all parties

Shahbaz demands level-playing field for all parties

Pakistan Muslim League-Nawaz (PML-N) president Shahbaz Sharif has demanded that all political parties must be given a "level playing field" and that the election commission had the responsibility to conduct fair, free and transparent polls.
Published 30 Jun, 2018 12:00am
Senate body seeks details of restaurant's lease agreement

Senate body seeks details of restaurant's lease agreement

Senate Standing Committee on Capital Administration and Development (CAD) Friday sought complete details regarding lease agreement with Monal Restaurant Pir Sohawa, Islamabad, prior to its next meeting and asked for all information of previous litigation
Published 30 Jun, 2018 12:00am
'Imran losing enlightened moderate image'

'Imran losing enlightened moderate image'

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan is losing his "enlightened" moderate image after his marriage to his purdah-clad third wife Bushra Maneka, described as his spiritual adviser, an anecdotal survey carried out by Business Recorder r
Published 30 Jun, 2018 12:00am
Punjab's districts: anti-polio drive to begin on July 2

Punjab's districts: anti-polio drive to begin on July 2

Nearly 1.7 million children of below five years in three districts of Punjab i.e., D G Khan, Rajanpur and Rawalpindi will be administered polio drops in a campaign starting from Monday (July 2). Punjab completed 2016 without a polio case. But a four-month
Published 30 Jun, 2018 12:00am
Special clearing facilities

Special clearing facilities

In order to facilitate the collection of government receipts/duties / taxes, NIFT will provide special clearing facilities on the advice of State Bank of Pakistan on Friday, June 29, 2018 at 6:00 p.m and on Saturday, June 30, 2018 at 11:00 PM.
Published 30 Jun, 2018 12:00am
AWKUM sacks all 'illegally' appointed officials

AWKUM sacks all 'illegally' appointed officials

The Abdul Wali Khan University Mardan (AWKUM) administration on Friday sacked all the employees' recruitment through illegal way and fake documents through advertisement No-48 and also issued showcase notices to the university officials who were involved
Published 30 Jun, 2018 12:00am
National champions of 'Toyota Dream Car Art Contest' announced

National champions of 'Toyota Dream Car Art Contest' announced

National Award of the '12th Toyota Dream Car Art Contest' held to announce 36 winners who will have a chance to compete in World Contest in Japan. Toyota Dream Car Art Contest is a global initiative organized annually by Toyota Motor Corporation (TMC), Ja
Published 30 Jun, 2018 12:00am
Driver escapes as vehicle laden with narcotics seized

Driver escapes as vehicle laden with narcotics seized

Directorate of Intelligence & Investigation (Customs)-FBR, Peshawar, has seized huge quantity of narcotics which was being smuggled from tribal area towards down country. It is learnt that under instructions from the Director Intelligence and Investigatio
Published 30 Jun, 2018 12:00am
ANP slams PTI for issuing tickets to turncoats

ANP slams PTI for issuing tickets to turncoats

Provincial president, ANP Khyber Pakhtunkhwa, Ameer Haider Khan Hoti Friday said that those claiming to turn Khyber Pakhtunkhwa into Punjab have miserably ignored during their 30 years long rule, but today on the eve of the elections they are hoodwinking
Published 30 Jun, 2018 12:00am
NAB for placing two Punjab secretaries, five CEOs on ECL

NAB for placing two Punjab secretaries, five CEOs on ECL

The National Accountability Bureau (NAB) on Friday requested the Interior Ministry to put the names of two secretaries of Punjab government and five heads of companies on the Exit Control List (ECL). According to a copy of the letter sent by NAB to Interi
Published 30 Jun, 2018 12:00am
PS-6 Kashmore: PPP's Bijarani declared winner unopposed

PS-6 Kashmore: PPP's Bijarani declared winner unopposed

Pakistan Peoples Party leader Mir Shabbir Ali Khan Bijarani will contest for the PS-6 (Kashmore) constituency unopposed. The nomination papers of Bijarani's sole competitor were rejected by the returning officer (RO). The returning officer issued a public
Published 30 Jun, 2018 12:00am
Food Mela planned at Namak Mandi

Food Mela planned at Namak Mandi

City District Government Peshawar (CDGP) has completed construction work on Namak Mandi Food Street and decided holding first Food Mela in July. In this connection, the City District Nazim Mohammad Asim Khan along with Director (Coordination) Sahibzada Mo
Published 30 Jun, 2018 12:00am
DMC South's surplus budget approved

DMC South's surplus budget approved

The Council of the District Municipal Corporation (DMC) Karachi South on Friday approved a surplus budget of Rs 4,075 974 million showing a saving of Rs 9.246 million. The annual budget for the year 2018-19 was presented by the chairman of DMC South Malik
Published 30 Jun, 2018 12:00am
Sindh CM highlights media's role in holding free, fair polls

Sindh CM highlights media's role in holding free, fair polls

Caretaker Sindh Chief Minister, Fazal-ur-Rehman has said that media is most important pillar of our country and it has to play very constructive role in holding free, fair and transparent general elections on July 25.
Published 30 Jun, 2018 12:00am
Scotland hosts Eid milan party

Scotland hosts Eid milan party

The First Minister of Scotland Nicola Sturgeon has invited the Muslim community of Scotland for an Eid milan party at Bute House, the First Minister's official residence and home of the Scottish Government. She praised the Muslim community for the contrib
Published 30 Jun, 2018 12:00am
PBIF attributes agro products' losses to lack of modern technology

PBIF attributes agro products' losses to lack of modern technology

Pakistan Businessmen and Intellectuals Forum (PBIF) president Mian Zahid Hussain has noted with concern that various agro products faced loss due to absence of modern technology and latest equipment which can play a major role in increased export after pr
Published 30 Jun, 2018 12:00am
KUST okays revised budget

KUST okays revised budget

KP Governor Iqbal Zafar Jhagra presided over 6th Senate meeting of the Kohat University of Science and Technology (KUST) here at Governor House Peshawar on Friday. Ex-Governor Lieutenant General Iftikhar Hussain Shah (retd), Prof Dr Jamil Ahmad, Vice-Chan
Published 30 Jun, 2018 12:00am
E&P sector performs less by two percent in YTD

E&P sector performs less by two percent in YTD

Pakistan listed E&P sector underperformed the benchmark KSE-100 index by 2 percent during year to date (YTD) in 2018 mainly due to muted performance of the national giant Oil & Gas Development Company (OGDC), analysts said.
Published 30 Jun, 2018 12:00am
SU VC visits ailing student Komal Sahito

SU VC visits ailing student Komal Sahito

The Vice Chancellor University of Sindh, Prof Dr Fateh Muhammad Burfat, after hearing echoed news on social media about illness of a student of Information Technology namely Ms Imam Zaadi alias Komal Sahito, visited the student at her house near railway s
Published 30 Jun, 2018 12:00am
PREIF for 15-day extension in amnesty scheme

PREIF for 15-day extension in amnesty scheme

Pakistan Real Estate Investment Forum (PREIF) has urged the federal government for at least 15-days extension in the amnesty scheme to achieve the required goals. PREIF general secretary Shaban Ealhi in a statement said on Friday that initially there were
Published 30 Jun, 2018 12:00am
Pacra maintains entity ratings of Habib Metropolitan Bank

Pacra maintains entity ratings of Habib Metropolitan Bank

Pacra maintains entity ratings of Habib Metropolitan Bank Limited. The ratings incorporate HabibMetro's association with a diversified and financially strong international bank - Habib Bank AG Zurich (HBZ). This association helps in assimilating the paren
Published 30 Jun, 2018 12:00am
Pacra maintains entity ratings of Habib Metropolitan Bank

Pacra maintains entity ratings of Habib Metropolitan Bank

Pacra maintains entity ratings of Habib Metropolitan Bank Limited. The ratings incorporate HabibMetro's association with a diversified and financially strong international bank - Habib Bank AG Zurich (HBZ). This association helps in assimilating the paren
Published 30 Jun, 2018 12:00am
SBP asks IBIs to take more steps for staff's capacity-building

SBP asks IBIs to take more steps for staff's capacity-building

The State Bank of Pakistan (SBP) has asked Islamic Banking Institutions (IBIs) to undertake enhanced measures for training and capacity building of staff. The basic aim for enhanced training measures is to encourage IBIs to create a culture of continuous
Published 30 Jun, 2018 12:00am
CS directs heads of department to comply with SC's orders

CS directs heads of department to comply with SC's orders

Sindh Chief Secretary Sindh Major Azam Suleman Khan (retd) has directed all the provincial administrative secretaries, head of attached departments and autonomous authorities, Accountant General, Inspector General Police and Sindh Bank president to comply
Published 30 Jun, 2018 12:00am
Academia, industry: SZABIST & PMI-KPC's collaboration

Academia, industry: SZABIST & PMI-KPC's collaboration

A memorandum of understanding was signed between Shaheed Zulfikar Ali Bhutto Institute of Science & Technology (SZABIST) and Project Management Institute Karachi Pakistan Chapter (PMI-KPC) on May 31st 2018.
Published 30 Jun, 2018 12:00am
POA, Wapda to mark 'Olympic Day' today

POA, Wapda to mark 'Olympic Day' today

Pakistan Olympic Association (POA) in collaboration with Wapda Sports Board is marking the 'Olympic Day' on Saturday (today). To mark the day, exhibition matches, walk and other activities will be held from 6:00 pm to 8:00 pm here at Wapda Sports Complex,
Published 30 Jun, 2018 12:00am
Punjab government to close non-operational PSCs

Punjab government to close non-operational PSCs

The caretaker Punjab government on Friday decided to close down non-active and non-operational public sector companies in the Punjab. The decision was taken during a meeting held here to review the performance of public sector companies and other issues;
Published 30 Jun, 2018 12:00am
Chenab, Kabul in low flood

Chenab, Kabul in low flood

River Chenab and river Kabul attained the stage of low flood after rains in their catchments and Nullahs of Rivers Ravi and Chenab may attain low to Medium level flooding on 30th June; Flood Warning Center said here on Friday.
Published 30 Jun, 2018 12:00am
11 hurt in rain-related incidents in Lahore

11 hurt in rain-related incidents in Lahore

At least eight people including five children sustained injuries when walls of an under-construction block of Jamia Mosque Toheed located in Lahore's Government Employees Cooperative Housing Society (GECHS) near Model Town Link Road caved in because of he
Published 30 Jun, 2018 12:00am
Caretakers have not suspended uplift projects: minister

Caretakers have not suspended uplift projects: minister

Caretaker Punjab Minister for Agriculture, Food and Planning & Development (P&D) Sardar Tanveer Ilyas Khan said Friday that no ongoing development project in Punjab has been suspended by the caretaker set up.
Published 30 Jun, 2018 12:00am
PIAF for extension in tax amnesty scheme 2018

PIAF for extension in tax amnesty scheme 2018

The Pakistan Industrial and Traders Associations Front (PIAF) has again appealed to the Federal Board of Revenue (FBR) for extension in the Tax Amnesty Scheme 2018, besides launching an awareness drive among the business community to avail this facility.
Published 30 Jun, 2018 12:00am
Upgradation of lab: Rs 2.84 million HEC's grant for NTU Faisalabad

Upgradation of lab: Rs 2.84 million HEC's grant for NTU Faisalabad

Higher Education Commission Pakistan has released a grant of Rs 2.84 million to Department of Materials & Testing, National Textile University Faisalabad for upgradation and strengthening the Textile Physical Testing Laboratory under the project "Institut
Published 30 Jun, 2018 12:00am
PAD urges cotton growers to save crop from rainwater
Cotton

PAD urges cotton growers to save crop from rainwater

The Punjab Agriculture Department (PAD) has urged the cotton growers to take immediate steps for saving their crop from rain water. A spokesman of the department said here on Friday that frequent rains are not favorable for cotton crop. Due to rain water,
Published 30 Jun, 2018 12:00am
LCCI greets FBR's new chief

LCCI greets FBR's new chief

Lahore Chamber of Commerce and Industry Friday congratulated first lady chief of Federal Board of Revenue Rukhsana Yasmin and hoped that she would follow the footprints of her predecessors.
Published 30 Jun, 2018 12:00am
Contempt case: Ahsan tenders unconditional apology

Contempt case: Ahsan tenders unconditional apology

Former interior minister Ahsan Iqbal on Friday submitted an unconditional apology before Lahore High Court (LHC) in his detailed reply in contempt case. Justice Mazahir Ali Akbar Naqvi heard the case. "Your written reply does not bear those apology words
Published 30 Jun, 2018 12:00am
SECP signs MoU with HEC recognized universities

SECP signs MoU with HEC recognized universities

The Securities and Exchange Commission of Pakistan (SECP) signs Memorandum of Understanding (MoU) documents with Government College University Lahore (GCU), Kinnaird College for Women (KC), and Beaconhouse National University to create a collaborative pla
Published 30 Jun, 2018 12:00am
WWF-Pakistan organises nature photography exhibition

WWF-Pakistan organises nature photography exhibition

The WWF-Pakistan organized 2-day nature photography exhibition at Alliance Francaise that showcased the rich biodiversity through 62 works of professional wildlife photographers. The collection of stunning photographs on display were taken by dedicated na
Published 30 Jun, 2018 12:00am
Maligning state institutions: LHC issues notices to Nawaz, Almeida

Maligning state institutions: LHC issues notices to Nawaz, Almeida

A full bench of the Lahore High Court issued notices to former Prime Minister Mian Nawaz Sharif and journalist Cyril Almeida for September 10 in a petition against Nawaz Sharif for maligning the state institutions in his interview. The petitioner also ple
Published 30 Jun, 2018 12:00am
CoAS awards degrees, medals to graduating students

CoAS awards degrees, medals to graduating students

Chief of Army Staff (CoAS) General Qamar Javed Bajwa Friday awarded degrees and medals to the graduating students at the convocation ceremony of the 37th MBBS and 16th BDS course held at Army Medical College, Rawalpindi.
Published 30 Jun, 2018 12:00am
Archbishop Joseph Coutts elevated to rank of Cardinal

Archbishop Joseph Coutts elevated to rank of Cardinal

In an impressive ceremony held at the Vatican's St. Peter's Basilica, Pope Francis elevated 14 Archbishops to the rank of Cardinal on 28 June 2018. Among them is Archbishop Joseph Coutts of the Catholic Church of Karachi. He is the second Pakistani accord
Published 30 Jun, 2018 12:00am
PPP-QWP's seat adjustment in Shangla

PPP-QWP's seat adjustment in Shangla

PPP and Qaumi Watan Party (QWP) of Aftab Ahmad Khan Sherpao have announced seat adjustment on the two provincial assembly seats of District Shangla. Under the arrangement, the QWP candidate from the provincial assembly constituency PK-23 Shangla-I has wit
Published 30 Jun, 2018 12:00am
Wapda, Maldives' STELCO sign MoU

Wapda, Maldives' STELCO sign MoU

A Memorandum of Understanding (MoU) was signed between the Pakistan Water and Power Development Authority (WAPDA) and Maldives State Electric Company (STELCO) to collaborate in caring out capacity building of STELCO.
Published 30 Jun, 2018 12:00am
JazzCash, NBP to provide fee collection service to BoE&OE

JazzCash, NBP to provide fee collection service to BoE&OE

JazzCash has collaborated with National Bank of Pakistan (NBP) to provide fee collection service to Bureau of Emigration & Overseas Employment. From now onwards, all Pakistani citizens pursuing overseas employment can pay the application fee through the J
Published 30 Jun, 2018 12:00am
China reports rare current account deficit for Q1
Currency

China reports rare current account deficit for Q1

China on Friday posted a final current account deficit of $34.1 billion for the first quarter of 2018, the first deficit since early 2010. The final figure compared with a preliminary deficit of $28.2 billion, the foreign exchange regulator said in a stat
Published 30 Jun, 2018 12:00am
Iran striker retires at 23 over World Cup criticism

Iran striker retires at 23 over World Cup criticism

Iranian striker Sardar Azmoun has announced his retirement from international football aged just 23, saying criticism from fans of his performance at the World Cup had harmed his mother's health. Azmoun, a rising star, who with 11 goals had been Iran's to
Published 30 Jun, 2018 12:00am
Serena faces Rus in Wimbledon first round

Serena faces Rus in Wimbledon first round

Serena Williams will face Arantxa Rus in the Wimbledon first round as the seven-time champion begins her bid to win a first Grand Slam title since becoming a mother. Williams has been seeded 25th by All England Club officials despite dropping to 183 in th
Published 30 Jun, 2018 12:00am
Stokes returns to England ODI squad for India series

Stokes returns to England ODI squad for India series

England's talismanic all-rounder Ben Stokes has been named in the squad for the three-match one-day international series with India after missing the 5-0 whitewash of Australia with a hamstring injury. The 27-year-old New Zealand-born star has not played
Published 30 Jun, 2018 12:00am
KP win All Pakistan Games for Persons with Disabilities trophy

KP win All Pakistan Games for Persons with Disabilities trophy

Khyber Pakhtunkhwa clinched the overall trophy of the 26th edition of the All Pakistan Games for Persons with Disabilities which concluded at Comsats University Sports Complex ground on Friday. Commandant FF Center Abbottabad Brigadier Bukhtiar Akram was
Published 30 Jun, 2018 12:00am
Britain's FTSE eyes strongest quarter since 2013

Britain's FTSE eyes strongest quarter since 2013

Rises among miners and banks lifted Britain's top share index on Friday as worries over global trade eased, while the index enjoyed its best quarter in five years. The blue chip FTSE 100 index ended the session up 0.3 percent at 7,636.93 points, while mid
Published 30 Jun, 2018 12:00am
Southeast Asian stocks: Malaysia jumps most in nearly 2-1/2 years

Southeast Asian stocks: Malaysia jumps most in nearly 2-1/2 years

Most Southeast Asian stock markets rose on Friday, with Malaysia posting its sharpest jump in nearly 2-1/2 years, as strong overnight gains on Wall Street helped boost investor sentiment. But for the quarter, all markets logged substantial losses on trade
Published 30 Jun, 2018 12:00am
European stocks shrug off trade worries with quarterly gain

European stocks shrug off trade worries with quarterly gain

European shares ended a decent quarter with a bounce on Friday, enjoying a respite from trade war fears after China eased foreign investment limits. The pan-European STOXX 600 was up 0.8 percent at its close, while Germany's trade-sensitive DAX jumped 1.1
Published 30 Jun, 2018 12:00am
China stocks recover
Currency

China stocks recover

After a sustained sell-off, China's yuan and stock markets recovered some ground on Friday, yet investors were grappling with some of their worst losses in years as a bitter Sino-US trade row threatened to rattle the world's second-biggest economy. In equ
Published 30 Jun, 2018 12:00am
Australian, New Zealand shares down

Australian, New Zealand shares down

Aussie shares ended lower on Friday as financials and health care stocks weighed on the benchmark, with investors cautious on the last trading day of the fiscal year. The S&P/ASX 200 index fell 20.8 points to close at 6,194.6. The benchmark gained over 3
Published 30 Jun, 2018 12:00am
Treasury yields hold near one-month lows

Treasury yields hold near one-month lows

US Treasury yields edged higher on Thursday but held near one-month lows as fears about trade wars harming global growth kept up demand for safe haven bonds, while month- and quarter-end rebalancing added to bond buying.
Published 30 Jun, 2018 12:00am
Treasury yields hold near one-month lows

Treasury yields hold near one-month lows

US Treasury yields edged higher on Thursday but held near one-month lows as fears about trade wars harming global growth kept up demand for safe haven bonds, while month- and quarter-end rebalancing added to bond buying.
Published 30 Jun, 2018 12:00am
Sri Lankan shares up
Currency

Sri Lankan shares up

Sri Lankan shares closed firmer on Friday, recovering from four consecutive sessions of decline to a near 15-month closing low, as investors picked up battered stocks. However, foreign investors continued to offload the island nation's risky assets, limit
Published 30 Jun, 2018 12:00am
Nikkei ends higher

Nikkei ends higher

Japanese shares pared earlier losses and ended Friday on modest gains as Asian equities rebounded from nine-month lows, with the yen's weakening against the dollar also providing support. The Nikkei 225 share average rose 0.15 percent to 22,304.51 after d
Published 30 Jun, 2018 12:00am
Indian shares rise

Indian shares rise

Indian stocks rose more than 1 percent on Friday, recovering from two straight sessions of declines, led by gains in blue-chips such as Reliance Industries Ltd and Larsen & Toubro Ltd. The broader NSE index ended up 1.18 percent at 10,714.30, yet posted l
Published 30 Jun, 2018 12:00am
Brazil equities rally

Brazil equities rally

Brazilian equities jumped more than 1.5 percent on Friday as solid gains on Wall Street and relative political calm helped lure investors back into local stocks, many of which have fallen dramatically in recent weeks. The Bovespa had climbed some 1.52 per
Published 30 Jun, 2018 12:00am