News Archives for Print - 2018-07-23

The Weather

The weather report on Sunday (July 22, 2018) and the forecast for Monday (July 23, 2018).

Published 23 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 23 Jul, 2018 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (July 16 to 20, 2018).

Published 23 Jul, 2018 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 23 Jul, 2018 12:00am

The Toronto Stock Exchange's S&P/TSX fell 107.55 points, or 0.65 percent, to 16,435.46 on Friday. The index also closed the week down 0.65 percent, snapping a two-week winning streak. Leading the index were Cameco Corp, up 4.1 percent, Eldorado Gold Corp,

Published 23 Jul, 2018 12:00am

Foreigners buying Russian government bonds again

Foreign investors are buying Russian treasury bonds again after having ditched them in the second quarter, said Konstantin Vyshkovsky, head of the state debt department at the finance ministry, Interfax news agency reported on Thursday.

Published 23 Jul, 2018 12:00am

Foreigners buying Russian government bonds again

Foreign investors are buying Russian treasury bonds again after having ditched them in the second quarter, said Konstantin Vyshkovsky, head of the state debt department at the finance ministry, Interfax news agency reported on Thursday.

Published 23 Jul, 2018 12:00am

Currency

Kenya gets its first locally licensed online FX trading platform

Kenya's EGM Securities has launched the country's first locally regulated foreign exchange electronic trading platform, opening up domestic forex trading to a broader range of investors, EGM's chief executive said on Wednesday.

Published 23 Jul, 2018 12:00am

Currency

Hedge funds pin macro hopes more on US yield curve than dollar

Hedge funds raised their bets last week on a flatter US yield curve and a stronger dollar. Their bond bet shows signs of coming good as the yield curve moves towards inversion, but their FX wager? Not so much. The gap between two- and 10-year US bond yiel

Published 23 Jul, 2018 12:00am

Currency

Hedge funds pin macro hopes more on US yield curve than dollar

Hedge funds raised their bets last week on a flatter US yield curve and a stronger dollar. Their bond bet shows signs of coming good as the yield curve moves towards inversion, but their FX wager? Not so much. The gap between two- and 10-year US bond yiel

Published 23 Jul, 2018 12:00am

Banks help to lift Saudi index, other Gulf markets down

Shares in Saudi Arabian banks advanced on Sunday as investors took positions ahead of results announcements due this week, while other Gulf markets slipped. Banque Saudi Fransi and Arab National Bank both gained 1.4 percent, while Riyad Bank and Al Rajhi

Published 23 Jul, 2018 12:00am

UK funds platforms must offer better value or face fee ban

Britain's markets watchdog proposed measures to help five types of customers get better value for money in the 500 billion pound ($662.25 billion) investment funds platforms sector, sending shares in leader Hargreaves Lansdown lower.

Published 23 Jul, 2018 12:00am

UK funds platforms must offer better value or face fee ban

Britain's markets watchdog proposed measures to help five types of customers get better value for money in the 500 billion pound ($662.25 billion) investment funds platforms sector, sending shares in leader Hargreaves Lansdown lower.

Published 23 Jul, 2018 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 83.75-83.75 (Previous 83.75-83.75).

Published 23 Jul, 2018 12:00am

China's money rates fall

China's primary money rates fell this week as the central bank pumped cash into the banking system, and as it prepared to soften small firms' financing burdens in an attempt to hold off risks posed by a US-China trade war. On Friday, the People's Bank of

Published 23 Jul, 2018 12:00am

Mutual Funds

US mutual fund investors ditch equities despite S&P 500 gains

US mutual fund investors fled from stocks for the 14th straight week as ongoing trade war fears divided markets, Investment Company Institute data showed on Wednesday. Withdrawals from equity-focused long-term mutual funds totaled $4.2 billion for the wee

Published 23 Jul, 2018 12:00am

Mutual Funds

US mutual fund investors ditch equities despite S&P 500 gains

US mutual fund investors fled from stocks for the 14th straight week as ongoing trade war fears divided markets, Investment Company Institute data showed on Wednesday. Withdrawals from equity-focused long-term mutual funds totaled $4.2 billion for the wee

Published 23 Jul, 2018 12:00am

Currency

Nigeria central bank asks lenders to bid for Chinese yuan

Nigeria's central bank asked lenders on Friday to submit bids for the Chinese yuan, traders said, in the first auction after it agreed a $2.5 billion swap with its Chinese counterpart in May. Nigeria is Africa's biggest nation by population and its larges

Published 23 Jul, 2018 12:00am

AirAsia X to seek IPO for Thai arm soon

Long-haul carrier AirAsia X Bhd will pursue an IPO of its Thai arm "soon" as it looks to restructure itself into a group holding company along the lines of affiliate AirAsia Group Bhd, co-CEO Tony Fernandes said on Friday. In a series of tweets a day afte

Published 23 Jul, 2018 12:00am

AirAsia X to seek IPO for Thai arm soon

Long-haul carrier AirAsia X Bhd will pursue an IPO of its Thai arm "soon" as it looks to restructure itself into a group holding company along the lines of affiliate AirAsia Group Bhd, co-CEO Tony Fernandes said on Friday. In a series of tweets a day afte

Published 23 Jul, 2018 12:00am

US equity ETFs break six-week streak of outflows: Lipper

Fund investors piled into US-based equity exchange-traded funds in the week ended Wednesday, following six straight weeks of withdrawals, Lipper data showed on Thursday, as investors geared up for strong quarterly earnings. The flows showed that investors

Published 23 Jul, 2018 12:00am

US equity ETFs break six-week streak of outflows: Lipper

Fund investors piled into US-based equity exchange-traded funds in the week ended Wednesday, following six straight weeks of withdrawals, Lipper data showed on Thursday, as investors geared up for strong quarterly earnings. The flows showed that investors

Published 23 Jul, 2018 12:00am

Wall Street week ahead: Wall Street braces for tariff fallout as S&P 500 companies report

Tariffs are starting to bite big manufacturers and Wall Street could get another bout of caution and uncertainty from major industrial companies when a swath of reports comes in over the next week. Investors are worried about the impact on earnings should

Published 23 Jul, 2018 12:00am

Ozil defends controversial picture with Erdogan

Footballer Mesut Ozil said Sunday he had no regrets about his controversial photograph with Turkish President Recep Tayyip Erdogan that sparked questions about his loyalty to Germany's national squad ahead of the World Cup.

Published 23 Jul, 2018 12:00am

Sifan Hassan stunned with world lead mile in London

Flying Dutchwoman Sifan Hassan couldn't believe her own speed after running the third fastest women's mile of all time and the quickest this year at the London Diamond League meeting on Sunday. The 25-year-old former world indoor 1500 metres champion, who

Published 23 Jul, 2018 12:00am

Gunathilaka suspended from internationals

Sri Lanka all-rounder Danushka Gunathilaka has been suspended from all forms of international cricket by Sri Lanka Cricket (SLC), the sport's national governing body, pending an inquiry into an alleged breach of code of conduct regulations. The 27-year-ol

Published 23 Jul, 2018 12:00am

Sri Lanka close in on whitewash of South Africa

Sri Lanka closed in on a series whitewash against South Africa on Sunday, with the visitors five down and with a mountain to climb after the third day of the second Test. By stumps, spinners had ripped their way through the Proteas batsmen yet again to le

Published 23 Jul, 2018 12:00am

Thousands swim between continents in famed Istanbul race

Thousands of people, some serious racers but others plucky amateurs, swam from Asia to Europe across the Bosphorus Strait in Istanbul on Sunday in Turkey's most iconic swimming race. About 2,400 swimmers took part in the Samsung Bosphorus Cross-Continenta

Published 23 Jul, 2018 12:00am

Indonesia football fans damage Asian Games stadium

Irate Indonesian football fans ripped plastic seats from the stands and hurled them onto the pitch at a stadium scheduled to host the Asian Games next month, an official said Sunday. A league match between Sriwijaya FC and Arema FC ended in chaos Saturday

Published 23 Jul, 2018 12:00am

Polish daredevil skies down K2 mountain in world first

Daredevil Andrzej Bargiel has become the first person to ski down the world's second-highest mountain, the Polish national said Sunday. Bargiel whizzed down from the summit of Pakistan's 8,611-metre (28,251-feet) K2 to the mountain's base camp after reach

Published 23 Jul, 2018 12:00am

Woods falters as five tie for Open lead

Rory McIlroy stormed into a five-way tie for the lead in a compelling final round of the British Open at Carnoustie on Sunday as Tiger Woods's victory hopes faded. The Northern Irishman had struggled all day, as had virtually every other player in stiff b

Published 23 Jul, 2018 12:00am

Bangladesh crackdown to boost ailing Test squad

Bangladesh plans to crack down on players who use "pretexts" to avoid playing domestic first-class cricket in an effort to boost its woeful Test squad, an official said Sunday. Bangladesh have won just 10 out of 108 games since getting Test status in 2000

Published 23 Jul, 2018 12:00am

Tokyo christens futuristic 2020 Olympic mascots

Japanese organisers formally introduced their doe-eyed 2020 Olympic mascots to the world on Sunday, christening them with superhero names that could provide a tongue-twisting challenge to some. The blue-checked Olympic mascot was dubbed "Miraitowa" - comb

Published 23 Jul, 2018 12:00am

Hamilton risks being stripped of German GP win

Formula One champion Lewis Hamilton risks being stripped of his German Grand Prix victory after being summoned by Hockenheim stewards on Sunday for a possible pit-lane infringement. Stewards were investigating whether the Mercedes driver, who won from 14t

Published 23 Jul, 2018 12:00am

Clark removes Root, Williamson and Bairstow in hat-trick

Lancashire paceman Jordan Clark took one of the highest quality hat-tricks in modern cricket as he removed Joe Root, Kane Williamson and Jonny Bairstow - three of the world's leading batsmen - while playing against arch-rivals Yorkshire on Sunday. England

Published 23 Jul, 2018 12:00am

Fakhar sets records as Pakistan complete ODI sweep

Captain Sarfraz Ahmed hailed "a great team effort" as Pakistan completed a series whitewash over Zimbabwe with a 131-run win in the fifth and final match on Sunday. On another record setting day in Bulawayo for the visitors, Fakhar Zaman became the fastes

Published 23 Jul, 2018 12:00am

Android software puts Google at heart of mobile life

The Google Android operating system, the target of a long-running EU antitrust investigation, powers the vast majority of the world's smartphones and firmly rules the mobile world. Android software acts as the brains for mobile devices, coordinating tasks

Published 23 Jul, 2018 12:00am

In China, yellow robots deliver snacks to your home

Along a quiet residential street on the outer edges of Beijing, a yellow and black cube about the size of a small washing machine trundles leisurely to its destination. This "little yellow horse" is an autonomous delivery robot, ferrying daily essentials

Published 23 Jul, 2018 12:00am

Dell G Series launched in association with Pakistan Rugby Union

Committed to providing the ultimate gaming experience for everyone, Dell announced the launch of its new Dell G Series on July 19, in association with the Pakistan Rugby Union. Revitalizing the Dell's gaming portfolio this suite of PCs is designed and eng

Published 23 Jul, 2018 12:00am

Lenovo Leaps Forward with Next-Generation ThinkAgile Composable Cloud Platform

Lenovo Data Centre Group, one of the fastest growing hyperconverged infrastructure (HCI) vendors according to IDC, with HCI revenue growing at almost twice the market growth rate in Q1 2018 (149.1% compared to 76.3%) is further expanding its ThinkAgile po

Published 23 Jul, 2018 12:00am

Over half of Sub-Saharan Africa to be connected to mobile by 2025: report

More than half the population of Sub-Saharan Africa will be subscribed to a mobile service by 2025, according to the latest edition of the GSMA's Mobile Economy report series, published at the GSMA 'Mobile 360 - Africa' event held in Kigali last week.

Published 23 Jul, 2018 12:00am

Four billion people still offline: policy decisions on spectrum remain key obstacle to digital inclusion: GSMA report

Better spectrum pricing policies are needed in developing countries to improve the economic and social welfare of the billions of people that remain unconnected to mobile broadband services, according to a new report, 'Spectrum Pricing in Developing Count

Published 23 Jul, 2018 12:00am

Embraer sells 25 jets to United Airlines

American carrier United Airlines has ordered 25 jets from Brazilian aerospace manufacturer Embraer, valued at $1.1 billion, the aircraft maker said Monday. The contract for the 70-seat E175 jets, signed at the firm's factory in Great Britain, states the d

Published 23 Jul, 2018 12:00am

Volvo shifts production to avoid tariffs, chases record sales

Volvo Cars is juggling production of its top-selling SUV to avoid US import tariffs, Chief Executive Hakan Samuelsson told Reuters on Thursday, as the Swedish carmaker set its sights on a fifth straight year of record sales.

Published 23 Jul, 2018 12:00am

Currency

TSMC cuts revenue, capex goals after Q2 profit rise

Taiwan Semiconductor Manufacturing Co Ltd cut its annual revenue and capital expenditure estimates on Thursday, as the world's largest contract chipmaker braces for slowing growth in the smartphone and cryptocurrency mining industries.

Published 23 Jul, 2018 12:00am

Currency

TSMC cuts revenue, capex goals after Q2 profit rise

Taiwan Semiconductor Manufacturing Co Ltd cut its annual revenue and capital expenditure estimates on Thursday, as the world's largest contract chipmaker braces for slowing growth in the smartphone and cryptocurrency mining industries.

Published 23 Jul, 2018 12:00am

Walmart, Microsoft team up to take on Amazon

Walmart said on Tuesday it was entering into a strategic partnership with Microsoft on "digital transformation" for the onetime retail industry leader. The move is aimed at helping Walmart compete better against Amazon, which is taking a growing share of

Published 23 Jul, 2018 12:00am

Alibaba, Tencent in talks over stake in WPP's Chinese unit

Chinese conglomerates Alibaba and Tencent are involved in talks to buy a minority stake in advertising giant WPP's Chinese unit, Sky News reported on Saturday, citing unidentified sources. Sky News said the firms, along with China Media Capital Holdings (

Published 23 Jul, 2018 12:00am

Currency

Unilever sales, profits slump

Anglo-Dutch consumer giant Unilever on Thursday revealed a drop in both sales and profits in the first half of 2018, saying markets remained "challenging" amid moves to leave its London base this year. Sales fell some 5.0 percent to 26.4 billion euros ($3

Published 23 Jul, 2018 12:00am

Currency

Unilever sales, profits slump

Anglo-Dutch consumer giant Unilever on Thursday revealed a drop in both sales and profits in the first half of 2018, saying markets remained "challenging" amid moves to leave its London base this year. Sales fell some 5.0 percent to 26.4 billion euros ($3

Published 23 Jul, 2018 12:00am

Boeing to seek supplier cost reductions after Embraer deal: CEO

Boeing will press for deeper price cuts from suppliers with overlapping operations once it completes its planned acquisition of the regional jet business of Brazil's Embraer, Chief Executive Dennis Muilenburg told Reuters on Tuesday.

Published 23 Jul, 2018 12:00am

Citigroup looks stuck with a crisis discount

Bank of America and Citigroup are offering a history lesson. A decade after the last big financial crisis, the $290 billion lender run by Brian Moynihan sports a big valuation premium to Michael Corbat's $170 billion bank. Yet even though BofA cranked out

Published 23 Jul, 2018 12:00am

Citigroup looks stuck with a crisis discount

Bank of America and Citigroup are offering a history lesson. A decade after the last big financial crisis, the $290 billion lender run by Brian Moynihan sports a big valuation premium to Michael Corbat's $170 billion bank. Yet even though BofA cranked out

Published 23 Jul, 2018 12:00am

Record three in five HIV-carriers now have access to drugs: UN

Almost three in five people infected with HIV, or 21.7 million globally, took antiretroviral therapy in 2017 - a new record for anti-AIDS drug access, the UN's HIV/AIDS agency said on Wednesday. There were 36.9 million people living with the immune system

Published 23 Jul, 2018 12:00am

Screen time linked to ADHD symptoms in teens

Teens who spend lots of time surfing the web, playing games and chatting with friends on smartphones and tablets may be more likely to develop ADHD symptoms than youth who don't, a U.S. study suggests. Researchers followed more than 2,500 Los Angeles high

Published 23 Jul, 2018 12:00am

Omega-3 supplements lack heart benefits, analysis suggests

Omega-3 fatty acids have long been touted as heart healthy, but taking them in supplement form does little to protect against heart disease, a large new analysis suggests.

Published 23 Jul, 2018 12:00am

Women's fertility may be related to heart disease risk factors

Young women with unhealthy levels of fats in their blood may have higher odds of having just one child, or no children at all, a recent study suggests. Dr Aleksandra Pirnat at the University of Bergen in Norway and her colleagues studied women enrolled in

Published 23 Jul, 2018 12:00am

Exposure to air pollution tied to increased risk of heart attacks, COPD

Even when traffic fumes permeate the air, it's still better for your heart if you get outside and exercise than if you spend all day sitting inside, a recent study suggests. While exercise has long been linked to a variety of health benefits including a r

Published 23 Jul, 2018 12:00am

Cloud brightening, 'sun shields' to save Barrier Reef

Australia announced plans on Friday to explore concepts such as firing salt into clouds and covering swathes of water with a thin layer of film in a bid to save the embattled Great Barrier Reef. The UNESCO World Heritage-listed reef, about the size of Jap

Published 23 Jul, 2018 12:00am

Italy's Carige says must lift capital quickly or seek merger

Troubled Italian lender Banca Carige said on Sunday the European Central Bank had given it until the end of the year to meet a minimum capital threshold unless it embarked a merger. Carige, Italy's last remaining large problem bank, is facing a management

Published 23 Jul, 2018 12:00am

Trade accords on Xi's agenda during Senegal swing

China's President Xi Jinping inked a clutch of trade accords Saturday on the first visit by a Chinese leader to Senegal in almost a decade. Senegalese President Macky Sall welcomed his counterpart to Dakar for afternoon talks before Xi continues a tour of

Published 23 Jul, 2018 12:00am

Dubai recipe for economic success looks stale as markets slump

In Dubai's posh Jumeirah Beach Residence district, luxury apartment rents are down about 15 percent from a year ago - a sign, some fear, that the wealthy emirate's recipe for economic success is getting stale. For over two decades, Dubai prospered as one

Published 23 Jul, 2018 12:00am

Turkish finance minister says he will not fight markets

Turkey will not fight with markets but instead pursue a win-win relationship with them while ensuring Turkey has an effective central bank, Finance Minister Berat Albayrak was quoted as saying on Sunday. Concerns about the central bank's independence had

Published 23 Jul, 2018 12:00am

Xi offers fresh $295 million grant to Sri Lanka

Chinese President Xi Jinping has offered Sri Lanka a fresh grant of 2 billion yuan ($295 million), as Beijing tries to expand its influence in the tiny island country off India's southern tip. President Maithripala Sirisena of Sri Lanka, a partner in Beij

Published 23 Jul, 2018 12:00am

UK sale of 40-year debt attracts weakest demand this year

Britain's sale of a 40-year government bond on Thursday attracted the weakest demand from investors out of any auction this year, although this was probably down to a mid-summer lull rather than political or economic factors. The UK Debt Management Office

Published 23 Jul, 2018 12:00am

UK sale of 40-year debt attracts weakest demand this year

Britain's sale of a 40-year government bond on Thursday attracted the weakest demand from investors out of any auction this year, although this was probably down to a mid-summer lull rather than political or economic factors. The UK Debt Management Office

Published 23 Jul, 2018 12:00am

Volkswagen to temporarily park cars

Volkswagen is renting parking spaces from August to stockpile vehicles which cannot be sold due to bottlenecks caused by new engine emissions tests, a spokeswoman said on Sunday. Carmakers are rushing to get models through a new Worldwide Harmonised Light

Published 23 Jul, 2018 12:00am

EU finance chief blasts Trump over 'inappropriate' trade sanctions

EU finance chief Pierre Moscovici fired a barb at US President Donald Trump on Sunday as he called on both sides of an ongoing global trade dispute to "act as allies." The US and EU have been at loggerheads since Trump angered European allies by announcin

Published 23 Jul, 2018 12:00am

German industry groups warn US on tariffs before Trump-Juncker meeting

German industry groups warned on Sunday, before European Commission President Jean-Claude Juncker meets US President Donald Trump this week, that tariffs the United States has imposed or is threatening to introduce risk harming America itself.

Published 23 Jul, 2018 12:00am

G20 calls for greater dialogue on trade tensions

Finance ministers and central bankers from the world's largest economies meeting in Argentina said heightened trade and geopolitical tensions risk derailing global growth and called for greater dialogue, according to a draft communique.

Published 23 Jul, 2018 12:00am

High risk of 'losing control' of AIDS epidemic: experts

The AIDS epidemic risks resurging and spiralling out of control unless billions of extra dollars are pumped into prevention and treatment, experts warned Sunday on the eve of a major world conference.

Published 23 Jul, 2018 12:00am

Russian-backed air strikes hit IS in southern Syria

Russian and Syrian jets stepped up their bombing of an Islamic State bastion along the Jordan-Israel border in southwestern Syria, as the militants pushed into areas abandoned by other rebel groups, diplomatic and opposition sources said.

Published 23 Jul, 2018 12:00am

Syrian 'White Helmets' flee to Jordan with Israeli, Western help

Hundreds of members of Syria's "White Helmet" civil defence group and their families fled advancing government forces and slipped over the border into Jordan overnight with the help of Israeli soldiers and Western powers, officials said.

Published 23 Jul, 2018 12:00am

Dozens injured at Nepal healthcare protest

Dozens of protesters in Nepal have been injured in clashes with police at a demonstration in support of a hunger-striking doctor seeking better healthcare in the impoverished Himalayan country.

Published 23 Jul, 2018 12:00am

10 suspected jihadists killed in Yemen drone strike, clashes

Ten suspected Al-Qaeda jihadists and two soldiers fighting for Yemen's government have been killed in clashes and a drone strike, local officials and security sources said Sunday. The US military is the only force known to operate armed drones over Yemen.

Published 23 Jul, 2018 12:00am

Former cricketers extend support to Imran

Former cricket stars have come out in support of cricketer-turned-politician Imran Khan as the country prepares to go to the polls on Wednesday. "It was in your leadership skip @ImrankhanPTI that we became world champions in 1992. It is in your leadership

Published 23 Jul, 2018 12:00am

Women polling agents attend training session

President Tehsil Bar Association Sambrial of District Sialkot Muhammad Muazzam on Sunday said that general elections 2018 is an important occasion in the history of Pakistani nation so every citizen must take well informed and well-thought out decision wh

Published 23 Jul, 2018 12:00am

E-ticketing: Railways Rawalpindi Division earns over Rs 185 million in fiscal year 2018

Pakistan Railways, Rawalpindi Division earned over Rs 185 million through E-ticketing facility during 2017-18, said Division Commercial Officer (DCO) PRs, Rawalpindi Division, Raza Ali Habib. Talking to APP he informed as many as 138,031 passengers booked

Published 23 Jul, 2018 12:00am

PML-N government added 10,000 mega watt electricity to national grid: Musadik

Senator Dr Musadik Malik has claimed that last Pakistan Muslim League Nawaz (PML-N), government had produced over 10,000 mega watt energy from hydel, wind, solar and coal resources. About 10,000MW electricity had been added to national grid during five ye

Published 23 Jul, 2018 12:00am

PML-N workers hold demo against Hanif Abbasi's sentence

Dozens of Pakistan Muslim League-Nawaz (PML-N) workers staged a protest at 6th Road in Rawalpindi on Sunday against party leader Hanif Abbasi's life sentence. The protest was led by Senator Chaudhry Tanvir and Sardar Naseem, in which a handful of party wo

Published 23 Jul, 2018 12:00am

Interim government providing maximum security to rallies, leaders: Askari

Caretaker Chief Minister Dr Hasan Askari has said that Punjab government is providing maximum security to the political leaders and their public rallies as tragic incidents of terrorism have already taken place in Balochistan and KPK.

Published 23 Jul, 2018 12:00am

British reject May's Brexit plan, some turn to Boris and far right

Prime Minister Theresa May's plans to leave the European Union are overwhelmingly opposed by the British public and more than a third of voters would support a new right-wing political party committed to quitting the bloc, according to a new poll.

Published 23 Jul, 2018 12:00am

Prize-winning Los Angeles food critic Gold dies

Jonathan Gold, the Los Angeles restaurant critic whose reviews of the city's neighborhood eateries became a window into its soul, died Saturday aged 57, his newspaper reported.

Published 23 Jul, 2018 12:00am

Magnitude 5.9 quake injures nearly 130 in western Iran

A magnitude 5.9 earthquake hit western Iran on Sunday, injuring at least 128 people, hours after two quakes struck Hormozgan province in the south, state television reported. Houshang Bazvand, governor of the western province of Kermanshah, said that most

Published 23 Jul, 2018 12:00am

Rouhani warns Trump about 'mother of all wars'

Iranian President Hassan Rouhani on Sunday cautioned US President Donald Trump about pursuing hostile policies against Tehran, saying "war with Iran is the mother of all wars", but did not rule out peace between the two countries. Iran faces increased US

Published 23 Jul, 2018 12:00am

Fresh protests in Iraq as medics raise death toll to 11

Fresh protests hit southern Iraq Sunday as medical sources put at 11 the number of demonstrators killed in two weeks of unrest sparked by ire over corruption and lack of public services. Security forces remained deployed around the capital Baghdad after s

Published 23 Jul, 2018 12:00am

Typhoon winds hit Shanghai, disrupting flights and shipping

Typhoon Ampil hit Chinese financial hub Shanghai around midday on Sunday, bringing heavy rainfall and disrupting transport and shipping. More than 600 flights from the city's two airports were cancelled and high-speed rail services also impacted, said sta

Published 23 Jul, 2018 12:00am

Forest fires destroy 800 hectares in Latvia

Fires raging for five days have destroyed more than 800 hectares (2,000 acres) of western Latvia, authorities said Sunday, with continuing extremely high temperatures hampering firefighters' efforts. Satellite images showed the fires have wiped out 170 ac

Published 23 Jul, 2018 12:00am

One dead, suspect surrenders after US supermarket hostage drama

A gunman took hostages inside a supermarket in the US city of Los Angeles on Saturday and shot one woman dead before handcuffing himself and surrendering, police said. The drama began at another location when "a male suspect... become involved in a family

Published 23 Jul, 2018 12:00am

Sisi says false rumours main threat to Arab countries

Egyptian President Abdel Fattah al-Sisi warned on Sunday that Arab countries, including Egypt, were vulnerable to imploding from within under what he described as a barrage of rumours aimed at spreading instability. Addressing a military academy graduatio

Published 23 Jul, 2018 12:00am

Suspected acid attack seriously injures boy in UK

British police said Sunday they have arrested a man after a three-year-old boy was seriously injured in a "deliberate" suspected acid attack in central England on Saturday. The boy is being treated for "serious burns to his arm and face" in hospital follo

Published 23 Jul, 2018 12:00am

Japan heatwave kills over a dozen, 12,000 rushed to hospital

Japan's severe heatwave killed at least 15 people and sent more than 12,000 to hospital in the first two weeks of July, official figures show as the temperature neared 40 degrees C (104 F) in many cities on Sunday. Twelve people died of heatstroke in the

Published 23 Jul, 2018 12:00am

Secret papers show Trump aide suspected of 'conspiring' with Russia

The FBI believed that a former campaign advisor to Donald Trump was "collaborating" with Russia as it worked to influence the 2016 presidential election, top secret documents released to US news organizations have revealed. The US president hit back Sunda

Published 23 Jul, 2018 12:00am

Sindh police finalises security arrangements for polls

Sindh Police Department, in compliance to Election Commission of Pakistan's directives, has chalked out an elaborate security plan for the 96,533 designated polling stations and their vicinity across the province on July 25.

Published 23 Jul, 2018 12:00am

Professor Tayyab named AMC Principal

Renowned Gynecologist Professor Mohammad Tayyab has been appointed Principal of Ameer ud Din Medical College (AMC) and Punjab Government has issued notification in this regard. He would also be the Principal of Lahore General Hospital, Nursing College, Al

Published 23 Jul, 2018 12:00am

Pak-Afghan bureaucracy responsible for lacunas in APTTA: Sarhadi

President, Frontier Customs Agents Group (FCAG), KP and Director, Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI), Zia-ul-Haq has held the bureaucracy of both countries responsible for lacunas in the existing Afghanistan Pakistan Transit Trade

Published 23 Jul, 2018 12:00am

Disciplinary proceedings against ATIR official: PM office, law ministry reluctant to file comments before PHC

Office of the Prime Minister and Ministry of Law and Justice have not filed comments before Peshawar High Court (PHC) in a writ petition moved for disciplinary proceedings against a senior BS-21 Official working in Appellate Tribunal Inland Revenue, Islam

Published 23 Jul, 2018 12:00am

'Price war is not our strategy' an interview with Norez Abdullah, CFO Hyundai-Nishat Motors

Norez Abdullah is the Chief Financial Officer of the newly incorporated Hyundai Nishat Motors (Private) Limited, a joint venture collaboration between well-known local and Japanese sponsors namely Nishat, Millat Tractors and Sojitz Corp. Norez has been wi

Published 23 Jul, 2018 12:00am

'Price war is not our strategy' an interview with Norez Abdullah, CFO Hyundai-Nishat Motors

Norez Abdullah is the Chief Financial Officer of the newly incorporated Hyundai Nishat Motors (Private) Limited, a joint venture collaboration between well-known local and Japanese sponsors namely Nishat, Millat Tractors and Sojitz Corp. Norez has been wi

Published 23 Jul, 2018 12:00am

All parties out to grab maximum KP legislature's seats

Neck and neck election-frays are expected in Khyber Pakhtunkhwa's provincial assembly elections as the parties have fielded their influential or relatively strong contestants in many constituencies.

Published 23 Jul, 2018 12:00am

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

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

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

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

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

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

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