News Archives for Print - 2018-07-02

The Weather

The weather report on Sunday (July 01, 2018) and the forecast for Monday (July 02, 2018).

Published 02 Jul, 2018 12:00am

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

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

Published 02 Jul, 2018 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (June 25 to 29, 2018).

Published 02 Jul, 2018 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 02 Jul, 2018 12:00am

Mutual Funds

Investors dump $5 billion of equity funds on US-China trade fight

US-China trade tensions drove investors to pull $5.16 billion from equity exchange-traded funds and mutual funds in favor of bonds for the week ended June 20, the Investment Company Institute said on Wednesday. Cash outflows from equities were led by dome

Published 02 Jul, 2018 12:00am

Mutual Funds

Investors dump $5 billion of equity funds on US-China trade fight

US-China trade tensions drove investors to pull $5.16 billion from equity exchange-traded funds and mutual funds in favor of bonds for the week ended June 20, the Investment Company Institute said on Wednesday. Cash outflows from equities were led by dome

Published 02 Jul, 2018 12:00am

Blockbuster Chinese technology IPOs face bumpy ride as trade tensions rise

Chinese tech titans preparing to float in Hong Kong and New York are likely to face a bumpy ride if trade tensions between the world's two biggest economies persist, potentially dragging on capital raisings after a stellar first half.

Published 02 Jul, 2018 12:00am

Blockbuster Chinese technology IPOs face bumpy ride as trade tensions rise

Chinese tech titans preparing to float in Hong Kong and New York are likely to face a bumpy ride if trade tensions between the world's two biggest economies persist, potentially dragging on capital raisings after a stellar first half.

Published 02 Jul, 2018 12:00am

Currency

Oil boosts Gulf stocks, Saudi REITs soar

Gulf stock markets closed in positive territory on Sunday, boosted by a surge in oil prices, an increase in retail investors and encouraging news on Bahrain's financial prospects. Oil prices surged last week on concerns that US sanctions against Iran woul

Published 02 Jul, 2018 12:00am

Currency

Trillion dollar wipeout: world stocks' worst first half since 2010

If last year's financial markets boom was down to a 'Goldilocks' global economy, 2018 has so far been all about the bears, with the worst start to a year for world stocks since 2010. A grizzly mix of US-China trade tensions, central banks turning off the

Published 02 Jul, 2018 12:00am

HSBC recommends buying five-year Greek government bonds

HSBC on Friday recommended buying five-year Greek government bonds after the country won a debt relief deal, telling clients the bond offered value especially in light of expected credit rating upgrades. "Uncertainty and funding needs in the next five yea

Published 02 Jul, 2018 12:00am

HSBC recommends buying five-year Greek government bonds

HSBC on Friday recommended buying five-year Greek government bonds after the country won a debt relief deal, telling clients the bond offered value especially in light of expected credit rating upgrades. "Uncertainty and funding needs in the next five yea

Published 02 Jul, 2018 12:00am

China's money rates inch up

China's primary money rates edged up this week due to a central bank-led health check on financial institutions and rising cash demand at the end of quarter, while prospects of liquidity level stayed positive, traders said. The volume-weighted average rat

Published 02 Jul, 2018 12:00am

US money market assets rebound

The US money fund sector recorded inflows, reversing the biggest outflow in more than two years last week that was linked to payments of quarterly corporate taxes and Treasury supply, the Money Fund Report said on Wednesday.

Published 02 Jul, 2018 12:00am

US money market assets rebound

The US money fund sector recorded inflows, reversing the biggest outflow in more than two years last week that was linked to payments of quarterly corporate taxes and Treasury supply, the Money Fund Report said on Wednesday.

Published 02 Jul, 2018 12:00am

Currency

Bond sales from companies, emerging markets fall

After a banner 2017, bond sales from corporate and emerging market borrowers have slowed in 2018, sideswiped by trade tensions, volatile Italian politics and the rising cost of credit as central banks tighten policy. Higher-risk bond sales boomed in 2017,

Published 02 Jul, 2018 12:00am

Currency

Bond sales from companies, emerging markets fall

After a banner 2017, bond sales from corporate and emerging market borrowers have slowed in 2018, sideswiped by trade tensions, volatile Italian politics and the rising cost of credit as central banks tighten policy. Higher-risk bond sales boomed in 2017,

Published 02 Jul, 2018 12:00am

Akasol prices IPO at 48.50 euros per share

German battery systems maker Akasol said it priced its stock market listing at the bottom of an indicative price range, at 48.50 euros ($56.08) apiece, reaping 100 million euros from the deal. Akasol is planning to use the proceeds from the initial public

Published 02 Jul, 2018 12:00am

Akasol prices IPO at 48.50 euros per share

German battery systems maker Akasol said it priced its stock market listing at the bottom of an indicative price range, at 48.50 euros ($56.08) apiece, reaping 100 million euros from the deal. Akasol is planning to use the proceeds from the initial public

Published 02 Jul, 2018 12:00am

Currency

South Africa's rand to weather emerging markets storm

South Africa's rand is expected to weather the emerging markets dollar storm better than its peers over the next 12 months due to attractive interest rate returns, despite a weak economic start to 2018, a Reuters poll found. The rand is expected to recove

Published 02 Jul, 2018 12:00am

Wall Street week ahead: after stellar run, smallcaps may see some turbulence

After a strong rally that saw the Russell 2000 notch a record in three straight sessions in June, smallcap stocks may be showing signs of slowing down, leading some market participants to question whether their recent bulletproof performance is starting t

Published 02 Jul, 2018 12:00am

Wounded Murray pulls out

Andy Murray has withdrawn from Wimbledon on the eve of the tournament after the two-time champion decided he wasn't fit enough to compete at the All England Club. Murray has only just returned to action after 11 months on the sidelines due to a hip injury

Published 02 Jul, 2018 12:00am

Federer eyes ninth Wimbledon title but wary of Nadal threat

Having seen longtime rival Rafael Nadal tighten his iron-grip on Roland Garros, Roger Federer aims to extend his personal dominance of Wimbledon from Monday by claiming a ninth title at the All England Club. Despite his 37th birthday fast approaching, Fed

Published 02 Jul, 2018 12:00am

Caretaker Punjab CM congratulates team

Caretaker Chief Minister Punjab Dr Hassan Askari has congratulated the Pakistan cricket team for its victory against Zimbabwe in first T20 match of Tri-Series.

Published 02 Jul, 2018 12:00am

Pakistan cruise to 74-run win over Zimbabwe

Pakistan cruised to a 74-run win Sunday over their hosts in the opening match of the Zimbabwe Twenty20 Tri-Series. A career best 61 from opening batsman Fakhar Zaman, and a late flurry of boundaries from Asif Ali and veteran batsman Shoaib Malik set up Pa

Published 02 Jul, 2018 12:00am

Peshawar win KP Inter-Divisional Volleyball Championship

Peshawar clinched the trophy of the Khyber Pakhtunkhwa Inter-Divisional Volleyball Championship after defeating strong Bannu Dvision in the thrill-packed final played here at PSB Coaching Center on Sunday. Deputy Director Sports KP Aziz Ullah Jan was the

Published 02 Jul, 2018 12:00am

Tour de France formally block Chris Froome from riding

Tour de France organisers have formally blocked four-time champion Chris Froome from competing in this year's race, Le Monde reported Sunday, but his team promptly vowed he would be at the start line. Cyclingnews.com quoted Team Sky as responding to Sunda

Published 02 Jul, 2018 12:00am

England take Tri-Series final

A fine half century by Danni Wyatt propelled England's women's team to a routine seven wicket win over New Zealand in the T20 Tri-Series final at Chelmsford on Sunday. Victory maintained the women's team's outstanding record at the ground they call 'Fortr

Published 02 Jul, 2018 12:00am

Cavani fires Uruguay into last eight as Ronaldo dream ends

Edinson Cavani scored twice as Uruguay shattered Cristiano Ronaldo's World Cup dream with a 2-1 victory over Portugal in Sochi on Saturday. Paris Saint-Germain striker Cavani curled home a superb 62nd-minute winner to settle a thrilling last-16 tie and se

Published 02 Jul, 2018 12:00am

Messi and Ronaldo depart World Cup

Cristiano Ronaldo and Lionel Messi saw their World Cup dreams snuffed out on Saturday as French teenager Kylian Mbappe flew the flag for a new generation in Russia. Ten goals were scored on a gripping first day of the knockout phase as France progressed t

Published 02 Jul, 2018 12:00am

Akinfeev stars as Russia stun Spain on penalties

Russia captain Igor Akinfeev saved two penalties in a dramatic shootout as the World Cup hosts dumped title contenders Spain out in the last 16 following a 1-1 draw. Veteran Russia centre-back Sergei Ignashevich gifted Spain the opening goal on 12 minutes

Published 02 Jul, 2018 12:00am

Currency

How your smart fridge might be mining bitcoin for criminals

Is the web browser on your phone slower than usual? It could be mining bitcoin for criminals. As the popularity of virtual currencies has grown, hackers are focusing on a new type of heist: putting malicious software on peoples' handsets, TVs and smart fr

Published 02 Jul, 2018 12:00am

Feeling poorly? The app will see you now

London-based start-up Babylon Health said it had put its artificial intelligence technology to the same tests that doctors sit on Wednesday, and showed it could outperform most physicians in assessing symptoms. Babylon, which was founded in by entrepreneu

Published 02 Jul, 2018 12:00am

Twitter to confirm new accounts in spam fight

Twitter on Tuesday said it will begin asking for email addresses or phone numbers to confirm new accounts as part of a battle against manipulation, particularly by automated bots. Adding a way to check that a real person is behind new accounts was describ

Published 02 Jul, 2018 12:00am

AI ambulances & robot doctors: China seeks digital salve to ease hospital strain

In the eastern Chinese city of Hangzhou, an ambulance speeds through traffic on a wave of green lights, helped along by an artificial intelligence (AI) system and big data. The system, which involves sending information to a centralised computer linked to

Published 02 Jul, 2018 12:00am

Do you really know what your kid's doing on smartphone?

Ayrial Miller is clearly annoyed. Her mother is sitting with her on the couch in their Chicago apartment, scrolling through the teen's contacts on social media. "Who's this?" asks Jennea Bivens, aka Mom.

Published 02 Jul, 2018 12:00am

Panasonic Corporation presents fourth-generation scalable HD-PLC system

Panasonic Corporation announced that it has presented its fourth-generation scalable HD-PLC (the name of a high-speed Power Line Communication (PLC) system created by Panasonic Corporation, and is a trademark or registered trademark in Japan and other cou

Published 02 Jul, 2018 12:00am

A third of European firms to cut investment because of Brexit: survey

One in three European firms plans to cut investment spending as a result of Brexit and more than one-tenth of those with operations in Britain expects to pull out of the country entirely, according to a survey by Swiss bank UBS. Half of the companies do n

Published 02 Jul, 2018 12:00am

ExxonMobil mulls expansion at Singapore refinery

ExxonMobil said on Tuesday it plans to make a final investment decision in 2019 on what it called a "multi-billion dollar" project that would expand its clean fuel and lubricant outpput at its Singapore refinery The project is aimed at increasing the comp

Published 02 Jul, 2018 12:00am

Amazon to buy PillPack in move into pharmacy

Amazon unveiled plans to get into the pharmacy business on Thursday with the acquisition of the online service PillPack. Terms were not disclosed on the deal for PillPack, an online pharmacy which operates in all 50 US states and offers pre-sorted dose pa

Published 02 Jul, 2018 12:00am

Ford, Baidu join forces to develop smarter cars in China

Ford Motor Co said on Wednesday it signed a letter of intent with China's internet search company Baidu Inc to develop artificial intelligence and smart connectivity in cars. The No.2 US automaker said it would develop new in-vehicle infotainment systems

Published 02 Jul, 2018 12:00am

Accenture quarterly revenue beat estimates

Accenture Plc's third-quarter revenue and profit came in above Wall Street estimates on Thursday as the consulting and outsourcing services provider benefited from its plan to boost investments in digital and cloud services. Shares of the Dublin, Ireland-

Published 02 Jul, 2018 12:00am

Bank of America moves senior London bankers to Paris ahead of Brexit

Bank of America Merrill Lynch (BAML) is shifting three of its most senior UK-based bankers to Paris, as part of Brexit reorganisation plans aimed at ensuring "seamless" service to its European Union clients after Britain quits the bloc in March.

Published 02 Jul, 2018 12:00am

General Motors may transfer Vietnam operation to Vingroup's car arm

General Motors Co has agreed to transfer its Vietnamese operation to domestic car manufacturer VinFast Trading and Production LLC, in a move the pair said will marry GM's automotive expertise with VinFast's local market insight. VinFast, a unit of Vietnam

Published 02 Jul, 2018 12:00am

Trade war or not, China Inc already reins in American brands

As Beijing and Washington veer towards a full-blown trade war, American brands in China face what may be an even bigger threat: local rivals armed with innovative products and the Chinese government's blessing. American household names like Apple, Starbuc

Published 02 Jul, 2018 12:00am

Mars' surface hardened quickly, boosting odds of life: study

The crust that encases rocky planets and makes possible the emergence of life took shape on Mars earlier than thought and at least 100 million years sooner than on Earth, researchers said on Wednesday. Analysing grains of the mineral zircon extracted from

Published 02 Jul, 2018 12:00am

Commercial flight crews show higher cancer rates

Flight crews have higher than average rates of certain cancers, according to a study of more than 5,000 US-based flight attendants. "We report a higher lifetime prevalence of breast, melanoma and non-melanoma skin cancers among flight crews relative to th

Published 02 Jul, 2018 12:00am

Air pollution wrecks havoc in diabetes: study

Air pollution caused one in seven new cases of diabetes in 2016, according to a US study, which found even low levels raised the chances of developing the chronic disease. Diabetes has primarily been associated with lifestyle factors like diet and a seden

Published 02 Jul, 2018 12:00am

Climate change sinking Arctic archeological treasures

A mad rush is needed to preserve or catalogue thousands of Arctic archeological sites before they are washed away by warming hastening the thaw of permafrost and coastal erosion, a study said on Thursday. For millennia, the cold has conserved ivory artifa

Published 02 Jul, 2018 12:00am

Human lifespan may not have peaked after all: study

Has the maximum lifespan for a human already been reached? Maybe not, said a study of Italian centenarians published on Thursday that found that human longevity is slowly increasing. Scientists have long debated whether or not the ultimate lifespan in peo

Published 02 Jul, 2018 12:00am

'Focus on cities could cut China's emissions by 30 percent'

China could slash its climate-changing emissions by 30 percent if all its cities cleaned up pollution from their dirtiest power plants and factories, researchers said on Wednesday. The world's biggest emitter of greenhouse gases needs to focus on its urba

Published 02 Jul, 2018 12:00am

Half of South Asia living in vulnerable climate 'hotspots': World Bank

Changes in temperature and rainfall will impact almost half of South Asia in the coming decades, reducing economic growth in one of the world's poorest regions, the World Bank said. A World Bank report released on Thursday analyses two scenarios - "climat

Published 02 Jul, 2018 12:00am

Slovakia to feel most pain from Trump car tariffs

As the world's largest per capita car producer, Slovakia stands to be hit hardest if US President Donald Trump makes good on his threat to impose a 20 percent tariff on cars imported from the EU, analysts say. Trump's threat was the latest salvo in an esc

Published 02 Jul, 2018 12:00am

EU 'possibly as bad as China' on trade: Trump

Europe is "possibly as bad as China" on trade, US President Donald Trump said in an interview broadcast Sunday, with trade wars emerging against both the Asian giant as well as longtime allies in Europe and Canada. "The European Union is possibly as bad a

Published 02 Jul, 2018 12:00am

Currency

British strawberries in a jam over picker shortage

After weeks of uninterrupted sunshine the strawberry season is in full swing in the so-called Garden of England. But with a shortage of seasonal labourers to pick the fruits, a trend exacerbated by Brexit, there are growing fears many may be left to rot o

Published 02 Jul, 2018 12:00am

Russians protest pension reform as Putin popularity slides

Several thousand people protested Sunday across Russia against a hugely unpopular government decision to hike the pension age that has led to a record slump in President Vladimir Putin's approval ratings. Rallying in dozens of cities from the far east and

Published 02 Jul, 2018 12:00am

Next ECB boss must be able to tighten money taps: Weidmann

The next head of the European Central Bank must be someone who can tighten the money taps after years of crisis-fighting and stimulus, the head of the Bundesbank Jens Weidmann said in a radio interview on Sunday. Weidmann, seen as a leading candidate to r

Published 02 Jul, 2018 12:00am

Trump blasts Opec, warns European companies against Iran ties

President Donald Trump lashed out at Opec with a warning to stop manipulating oil markets and piled pressure on close US allies in an interview that aired on Sunday with a threat to sanction European companies that do business with Iran.

Published 02 Jul, 2018 12:00am

Tesla hits Model 3 manufacturing milestone, hours after deadline

Tesla Inc nearly produced 5,000 Model 3 electric sedans in the last week of its second quarter, with the final car rolling off the assembly line on Sunday morning, several hours after the midnight goal set by Chief Executive Elon Musk, two workers at the

Published 02 Jul, 2018 12:00am

Currency

US dollar share of global currency reserves fall further: IMF

The US dollar's share of currency reserves reported to the International Monetary Fund fell in first quarter of 2018 to a fresh four-year low, while euro, yuan and sterling's shares of reserves increased, according to the latest data from the Internationa

Published 02 Jul, 2018 12:00am

Notorious French gangster in spectacular helicopter jailbreak

A notorious gangster who said his life of crime was inspired by Hollywood films like "Scarface" pulled off a brazen jailbreak on Sunday, fleeing a prison near Paris aboard a hijacked helicopter in a commando-style operation as a massive manhunt was launch

Published 02 Jul, 2018 12:00am

Six children among nine hurt in US stabbing attack

An "unprovoked" stabbing attack in an Idaho apartment complex that is home to many refugees left nine people injured including six children, police in the capital city of Boise said. Police apprehended a suspect, a 30-year-old man they named as Timmy Kinn

Published 02 Jul, 2018 12:00am

Hardline minister rejects Merkel's migration plan

German Chancellor Angela Merkel's hardline interior minister Horst Seehofer is unhappy with an EU-wide deal she struck last week to reduce migration, sources told AFP Sunday, sharpening a crisis that threatens to bring down her conservative alliance. Afte

Published 02 Jul, 2018 12:00am

New Swedish law recognises sex without consent as rape

A tough new law that will recognise sex without explicit consent as rape comes into effect in Sweden on Sunday, after the country was rocked by the MeToo movement denouncing sexual harassment and assault. The law stipulates that a person has committed rap

Published 02 Jul, 2018 12:00am

Suicide bombing wounds 19 at Iraq ballot warehouse

A suicide bombing Sunday targeting a warehouse in Kirkuk where ballot boxes from Iraq's May elections were stored wounded 19 people, days before a vote recount, a security source said. "Nine policemen, six members of a counter-terrorist unit and four civi

Published 02 Jul, 2018 12:00am

Eleven family members found dead in Delhi home

A family of 11 found dead at their home in New Delhi had been observing "spiritual, mystical practices", police said Sunday. Officers cordoned off the property in the north of the capital where the bodies of seven female and four male victims were discove

Published 02 Jul, 2018 12:00am

Four dead, 20 injured in Mali attack on French soldiers

French soldiers on patrol in troubled northern Mali were targeted in a bombing on Sunday in which four civilians were killed and over 20 people injured, Malian authorities said. In a separate incident on Sunday meanwhile, a vehicle of the Movement for the

Published 02 Jul, 2018 12:00am

Iraq begins border fence with Syria to block jihadists

Iraq has begun building a fence along its border with Syria to stop Islamic State group jihadists crossing into the country, a border guards spokesman said Sunday. "Ten days ago we started to set up a barbed wire security fence with surveillance towers al

Published 02 Jul, 2018 12:00am

Syrians fleeing war will not be allowed in Israel, says Netanyahu

Civilians fleeing Syria's war will not be allowed to enter Israel, Prime Minister Benjamin Netanyahu said Sunday adding however that his government will continue providing them with humanitarian aid. Tens of thousands of Syrians have fled a government off

Published 02 Jul, 2018 12:00am

Fire-fighters tackle second wildfire in northern England

Firefighters in northern England launched a "large-scale attack" on a new moorland blaze Sunday, as emergency responders continued to battle another nearby wildfire that has been burning all week. Crews from Manchester and the surrounding county of Lancas

Published 02 Jul, 2018 12:00am

Thousands march in Hong Kong as restrictions grow

Protesters marched through central Hong Kong on Sunday in one of the city's major annual pro-democracy rallies as organisers said the event was coming under unprecedented pressure from authorities. Beijing has become increasingly intolerant of signs of di

Published 02 Jul, 2018 12:00am

Currency

Several injured during Iran water protests

Several people were injured in the southwestern Iranian city of Khorramshahr late Saturday during a demonstration against water pollution, Iranian state media reported. The protesters set fire to rubbish bins and damaged public property, prompting police

Published 02 Jul, 2018 12:00am

DR Congo pro-Kabila group launches electoral platform

Campaigners supporting DR Congo President Joseph Kabila, whom critics accuse of seeking an illegal third term in office, launched their electoral platform Sunday without saying whether he would run in a key election later this year. The move comes amid fi

Published 02 Jul, 2018 12:00am

UN agrees peacekeeping budget of $6.7 billion

UN member countries on Sunday agreed to a peacekeeping budget of just under $6.7 billion, according to diplomatic sources. Two sources confirmed to AFP an agreement had been reached for $6.689 billion, about $122 million less than what had been recommende

Published 02 Jul, 2018 12:00am

Remains of ancient: Arab city in Spain gets UNESCO heritage status

The remarkably well-preserved remains of the Caliphate city of Medina Azahara, a medieval Arab Muslim town near the Spanish city of Cordoba, was added to UNESCO's list of World Heritage sites on Sunday. The 10th-century Moorish site provides "in-depth kno

Published 02 Jul, 2018 12:00am

Turkey's ancient temple site gets UNESCO heritage status

A Turkish ancient temple site in southeastern Anatolia was given UNESCO World Heritage status on Sunday, the UN agency announced at a meeting in the Bahraini capital Manama. Named Gobekli Tepe (Potbelly Hill), the site is the world's oldest known megalith

Published 02 Jul, 2018 12:00am

Japan eases North Korea missile alert system

Japan has lowered its military readiness level against North Korean missiles as Washington embarks on delicate nuclear negotiations with Pyongyang, a report said Sunday, citing multiple unnamed sources close to the matter. The report came as Japan finds i

Published 02 Jul, 2018 12:00am

Myanmar not safe for Rohingya returnees: Red Cross chief

The head of the Red Cross on Sunday said it was not safe to return Rohingya refugees to their homes in Myanmar, where he described whole villages abandoned and destroyed. Peter Maurer toured strife-torn western Myanmar before visiting refugee camps over t

Published 02 Jul, 2018 12:00am

Kim asked Xi to help lift sanctions

North Korean leader Kim Jong Un has appealed to China's Xi Jinping to help end sanctions against Pyongyang following his landmark summit with US President Donald Trump, a Japanese newspaper reported Sunday, citing multiple unnamed sources in the two count

Published 02 Jul, 2018 12:00am

US has plan to dismantle North Korea nuclear plan within a year: Bolton

White House national security adviser John Bolton said on Sunday he believed the bulk of North Korea's weapons programs could be dismantled within a year, although some experts say the complete process could take far longer.

Published 02 Jul, 2018 12:00am

ASWJ backs JUI-S candidate in NA-43

Ahl-e-Sunnat Wal Jamaat (ASWJ) Landi Kotal chapter announced its full support for the candidate of Jamiat Ulema-e-Islam, Sami-ul- Haq (JUI-S) in the upcoming election for NA-43.

Published 02 Jul, 2018 12:00am

KP CM wants recruitments in educational boards purely on merit

Khyber Pakhtunkhwa's caretaker Chief Minister Justice Dost Mohammad Khan (retd) has directed Secretary Elementary & Secondary Education to make effective criterion for appointments in the Boards of Intermediate & Secondary Education in the province.

Published 02 Jul, 2018 12:00am

Media urged to highlight electoral laws, code of conduct

Experts on electoral and governance urged journalists to highlight election laws and code of conduct for the candidates that would help ensure transparency and impartiality in the public and private institutions.

Published 02 Jul, 2018 12:00am

Ratio of registered voters surges by 23 percent

The overall ratio of eligible voters has surged by 23 percent for the general election 2018 as compared to 2013. According to an official of the Election Commission of Pakistan (ECP), the ratio of registered voters had witnessed an upward trend as the num

Published 02 Jul, 2018 12:00am

SMEDA to establish three women skill development centres

General Manager Out-Reach (GMOR), Small and Medium Enterprises Development Authority (SMEDA), Javed Iqbal Khattak has said that the authority will soon establish skill development centers for women at DI Khan, Peshawar and Bahawalpur. Talking to this scri

Published 02 Jul, 2018 12:00am

ECP urges Punjab CM to ensure security of candidates

The Election Commission of Pakistan (ECP) has reportedly asked the Chief Minister of Punjab to ensure security of the candidates in the province subsequent to reports of threats to some contestants.

Published 02 Jul, 2018 12:00am

Pakistani scientist discovers cancer-killing mechanism

Muhammad Waqas Usman Hingoro, an award-winning Pakistani scientist who hails from Karachi's Lyari area, has successfully discovered the cancer-killing mechanism that is applicable to the treatment of a wide-range of cancer types. Making a major breakthrou

Published 02 Jul, 2018 12:00am

No legislation to be possible without MMA's support: JI

Jamaat-e-Islami Spokesman and MMA candidate from NA 135, Amirul Azeem, has said that after the 25th of July, no legislation would be possible in the country without MMA's support. Addressing corner meetings in his constituency on Sunday, he said that the

Published 02 Jul, 2018 12:00am

Pakistan-China ties based on strong foundation: Consul General

The relations between Pakistan and China are based on strong foundation. These views were expressed by the Consul General of China in Karachi Wang Yu while speaking at a launching ceremony of a book titled Amazing China authored by Manzar Naqvi at a local

Published 02 Jul, 2018 12:00am

Section 144 imposed in Punjab

As all the political parties have geared up their election campaigns and thousands of candidates are in the field, the Punjab government has clamped section 144 till 28th July 2018 to maintain law and order in the province during the general elections. Un

Published 02 Jul, 2018 12:00am

Indian troops martyr 33 Kashmiris in June

Indian troops, in their continued acts of state terrorism, martyred thirty three Kashmiris including four young boys during the month of June. According to the data issued by the Research Section of Kashmir Media Service Sunday, of those martyred, three y

Published 02 Jul, 2018 12:00am

Qureshi slams Nawaz for accusing institutions

Pakistan Tehreek-e-Insaf (PTI) vice-president Shah Mehmood Qureshi on Sunday lambasted Pakistan Muslim League-N supremo Nawaz Sharif for hurling reckless allegations at state institutions. "Iqbal Siraj has categorically dismissed Sharif's allegations as h

Published 02 Jul, 2018 12:00am

Allegations of rigging aimed at tarnishing NAB's image: chairman

National Accountability Bureau (NAB) Chairman Former Justice Javed Iqbal on Sunday said NAB has nothing to do with elections, and it was working in accordance with law and would continue to perform its duties as per its mandate.

Published 02 Jul, 2018 12:00am

Imran lambastes Fazl, Durrani in Bannu

Pakistan Tehreek-e-Insaf (PTI) chief on Sunday urged political pundits not to draw comparison of PTI's five-year tenure in terrorism-torn Khyber Pakhtunkhwa with those who took six turns each. He was addressing a rally in Bannu as PTI expedited electoral

Published 02 Jul, 2018 12:00am

Mutual Funds

'Cross-border mercantile listing can help eliminate under-invoicing' an interview with CEO Arif Habib Commodities (Pvt.) Limited

Ahsan Mehanti is the Managing Director and CEO of Arif Habib Commodities (Pvt.) Limited. A Chartered Accountant by profession, Mehanti holds extensive experience in the areas of commodities investment, brokerage, research, advisory, and investment managem

Published 02 Jul, 2018 12:00am

Mutual Funds

'Cross-border mercantile listing can help eliminate under-invoicing' an interview with CEO Arif Habib Commodities (Pvt.) Limited

Ahsan Mehanti is the Managing Director and CEO of Arif Habib Commodities (Pvt.) Limited. A Chartered Accountant by profession, Mehanti holds extensive experience in the areas of commodities investment, brokerage, research, advisory, and investment managem

Published 02 Jul, 2018 12:00am

CJP wants M&CH to be ready in 18 months

Chief Justice of Pakistan (CJP) Mian Saqib Nisar on Sunday instructed the concerned authorities to provide a construction plan of Rawalpindi's Mother and Child Hospital in 15 days and finish its construction work in 18 months. A two-judge bench headed by

Published 02 Jul, 2018 12:00am

MMA vows to eliminate corruption

Secretary General, Jamaat-e-Islami, Liaqat Baloch, has said that the goal before the MMA was to weed out corruption, evolve a civilized and responsible media, and ensure good governance through accountability of the parliament, judiciary and the executive

Published 02 Jul, 2018 12:00am

PML-Q opposes increase in oil prices

Senior leader of PML-Q and former Chief Minister of Punjab Ch Parvez Elahi has strongly opposed recent increase in petroleum prices and said the people are already hit hard by price hike and policies of N-League Government. He said black deeds of Sharif f

Published 02 Jul, 2018 12:00am

Over 11 PML-N candidates return party tickets

In a big blow to the Pakistan Muslim League-Nawaz (PML-N), the former ruling party's more than 11 candidates have returned their party tickets and sought 'jeep' as their election symbol instead of 'lion'.

Published 02 Jul, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / Oct 24	277.93
USD PKR Interbank Buying / Oct 24	277.73
USD to Japanese Yen / Oct 24	152.34
USD to Swiss Franc / Oct 24	0.87
Pound Sterling to USD / Oct 24	1.29
Euro to USD / Oct 24	1.08

Stock	Volume
S&P 500 / Oct 23	5,797.42
Nasdaq / Oct 23	18,276.66
Dow Jones / Oct 23	42,514.95
India Sensex / Oct 24	80,036.12
Tokyo Nikkei / Oct 24	38,159.30
Hang Seng / Oct 24	20,456.99
FTSE 100 / Oct 24	8,336.73
Germany DAX 30 / Oct 24	19,526.03

Item	Value
Crude Oil USD/Barrel / Oct 24	71.62
Karachi Cotton PKR/37.32 KG / Oct 24	18,085
Gold 10 Grams PKR / Oct 24	242,713
Gold Spot USD/Ounce / Oct 24	2,729.33
Cotton US¢/pound / Oct 24	72.42
Petrol/Litre / Oct 25	247.03

Stock	Price
786 Invest Ltd / Oct 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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