News Archives for Print - 2018-07-30 - Business Recorder

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Print - 2018-07-30

Cigarette manufacturers: Senate body to discuss revenue contributions on August 2

Cigarette manufacturers: Senate body to discuss revenue contributions on August 2

The meeting of Special Committee on decline in tax collection from tobacco sector will be held on August 2, 2018 at the Parliament House to ascertain facts about the revenue contributions by the cigarette manufacturers. The notice issued by the Senate Sec

Published 30 Jul, 2018 12:00am

Cigarette manufacturers: Senate body to discuss revenue contributions on August 2

Cigarette manufacturers: Senate body to discuss revenue contributions on August 2

The meeting of Special Committee on decline in tax collection from tobacco sector will be held on August 2, 2018 at the Parliament House to ascertain facts about the revenue contributions by the cigarette manufacturers. The notice issued by the Senate Sec

Published 30 Jul, 2018 12:00am

Cigarette manufacturers: Senate body to discuss revenue contributions on August 2

Cigarette manufacturers: Senate body to discuss revenue contributions on August 2

The meeting of Special Committee on decline in tax collection from tobacco sector will be held on August 2, 2018 at the Parliament House to ascertain facts about the revenue contributions by the cigarette manufacturers. The notice issued by the Senate Sec

Published 30 Jul, 2018 12:00am

Muslim survivors of Indian massacre shaken by citizenship test

Muslim survivors of Indian massacre shaken by citizenship test

Thirty-six years after losing his parents, sister and a four-year-old daughter in one of India's worst sectarian massacres, Abdul Suban says he is still trying to prove he's a citizen of the Hindu-majority nation.

Published 30 Jul, 2018 12:00am

Muslim survivors of Indian massacre shaken by citizenship test

Muslim survivors of Indian massacre shaken by citizenship test

Thirty-six years after losing his parents, sister and a four-year-old daughter in one of India's worst sectarian massacres, Abdul Suban says he is still trying to prove he's a citizen of the Hindu-majority nation.

Published 30 Jul, 2018 12:00am

The PM-in-waiting speaks

The PM-in-waiting speaks

Imran Khan in his first address to the nation as the prime minister-designate highlighted major human development challenges that face the country today ranging from poverty to failure to provide nutritious meals to a large number of children leading to s

Published 30 Jul, 2018 12:00am

ECP mismanagement

ECP mismanagement

The Election Commission of Pakistan (ECP) has thoroughly mismanaged its responsibilities. In many cases, people were unable to cast their votes because of confusion about their designated polling stations. That was bad enough. What was to follow was even

Published 30 Jul, 2018 12:00am

Prospect of trade war

Prospect of trade war

US President Donald Trump imposed prohibitive tariffs on steel and aluminium imports from traditional allies particularly Canada, Mexico and the European Union as well as China with the objective of reducing its significant trade deficit with them; in the

Published 30 Jul, 2018 12:00am

Governance in the new Millennium

Governance in the new Millennium

New government(s) shall be formed soon at the federal and provincial levels. PTI is likely to form federal government as well as in two provinces. It may also become a part of the coalition government in Balochistan as well. It augurs well if there are fe

Published 30 Jul, 2018 12:00am

Trade war casualty in US: cheap prices for everyday goods

Trade war casualty in US: cheap prices for everyday goods

The US economy may be roaring ahead, but American consumers face the prospect of paying more for everyday goods, due in part to trade tariffs. Big companies reporting earnings over the last week or so described price hikes on everything from soda to airpl

Published 30 Jul, 2018 12:00am

Post-election situation

Post-election situation

Pakistan People's Party (PPP) and Muttahida Qaumi Movement (MQM) seem to have taken a pragmatic approach to the post-election situation. These two parties made their position clear by staying away from a multi-party conference against the role of Election

Published 30 Jul, 2018 12:00am

Interim government is impartial since it took charge: CM

Interim government is impartial since it took charge: CM

Interim Chief Minister Punjab Dr Hasan Askari has said that the interim government has maintained impartiality and fulfilled its responsibility to hold fair and free elections with the active cooperation of the people.

Published 30 Jul, 2018 12:00am

BMP pins hopes on PTI government to reduce trade deficit

BMP pins hopes on PTI government to reduce trade deficit

The Businessmen Panel (BMP), comprising senior members of business community from across the country, has expressed its confidence that the Pakistan Tehreek-e-Insaf (PTI) through effective economic policies will help reduce trade deficit. BMP Vice Chairma

Published 30 Jul, 2018 12:00am

Cotton crop cultivated over 2.69 million hectares

Cotton

Cotton crop cultivated over 2.69 million hectares

Cotton crop had been cultivated over 2.69 million hectares of land across the crop producing areas of the country to produce 14 million cotton bales fixed during the current sowing season to fulfill the domestic requirements as well as for exporting.

Published 30 Jul, 2018 12:00am

UAE welcomes successful elections in Pakistan

UAE welcomes successful elections in Pakistan

The United Arab Emirates (UAE) has welcomed the successful holding of general election in Pakistan which witnessed a large voters' turnout. In a statement received here Sunday, the UAE Ministry of Foreign Affairs and International Cooperation, expressed h

Published 30 Jul, 2018 12:00am

Pakistan poised to be progressive state: PEW

Pakistan poised to be progressive state: PEW

Pakistan Economy Watch (PEW) on Sunday said the country is poised to become a progressive and moderate state following the landslide victory of PTI in the general elections. Now, the US, India and European Union should also change their attitude towards o

Published 30 Jul, 2018 12:00am

Pakistan to participate in SCO peace mission joint military drill

Pakistan to participate in SCO peace mission joint military drill

The SCO will hold the Peace Mission 2018 joint military drill from August 22 to 29 in Comprehensive Training Field in Chebarkul, Chelyabinsk, Russia. The theme of the drill is "Preparation and Cooperation on Counter-terrorism Among SCO Member States' Mili

Published 30 Jul, 2018 12:00am

PNS SAIF visits Oman during first deployment in Gulf of Aden

PNS SAIF visits Oman during first deployment in Gulf of Aden

Pakistan Navy Ship SAIF, F22-P class destroyer of Pakistan Navy Fleet, visited Port Muscat at Oman, during first Regional Maritime Security Patrol (RMSP) deployment in Gulf of Aden & Southern Red Sea Region. The objective of RSMP is to maintain PN presenc

Published 30 Jul, 2018 12:00am

Pilgrims complain about mismanagement in Haji camp

Pilgrims complain about mismanagement in Haji camp

Pilgrims coming from different parts of Khyber Pakhtunkhwa have complained about mismanagement in Haji camp Peshawar and missing of their documents in Directorate of Hajj Peshawar. Momin Khan, resident of Dalazak road Peshawar told this scribe, the direct

Published 30 Jul, 2018 12:00am

32 new faces in KP Assembly to debut parliamentary politics

32 new faces in KP Assembly to debut parliamentary politics

32 MPAs-elect of the Khyber Pakhtunkhwa Assembly have been elected for first time to the provincial legislature. Out of 99 general seats, on July 25, polling was held for 97 seats while results of the two constituencies have been withheld. Out of the 95 n

Published 30 Jul, 2018 12:00am

Female candidates fail to grab single seat in KP

Female candidates fail to grab single seat in KP

Specifying five percent quota for women on general seats by election commission of Pakistan proved a futile exercise in Khyber Pakhtunkhwa as out of 48 female contesting candidates of various political parties on general seats, no one has grabbed a single

Published 30 Jul, 2018 12:00am

Next KP chief minister from Peshawar likely

Next KP chief minister from Peshawar likely

The leadership of Pakistan Tehreek-e-Insaf (PTI) is likely to tip new chief minister of Khyber Pakhtunkhwa from the provincial metropolis Peshawar. According to sources Mohammad Ishtaiq Urmar and Atif Khan have been emerged as top contenders for coveted p

Published 30 Jul, 2018 12:00am

CS visits PIMH to reassess facilities

CS visits PIMH to reassess facilities

Chief Secretary Punjab Akbar Durrani, accompanied by Secretary Specialized Healthcare Saqib Zafar, visited Punjab Institute of Mental Health (PIMH) to review the facilities being provided to the patients. He inspected different sections of the institute a

Published 30 Jul, 2018 12:00am

PTI gets highest votes in NA constituencies of Peshawar

PTI gets highest votes in NA constituencies of Peshawar

In the July 25 general election, Pakistan Tehreek-e-Insaf (PTI) had got a record three lakh and fifty-seven thousands (357000) votes, which is more than that of the rest of runner up political parties, in five national assembly constituencies in provincia

Published 30 Jul, 2018 12:00am

PTI-elect MPA surrenders after arrest order

PTI-elect MPA surrenders after arrest order

Pakistan Tehreek-e-Insaf -winning candidate in PP-161 Nadeem Abbas surrendered before police after Supreme Court ordered his arrest for assaulting police officers in Lahore on Saturday night.

Published 30 Jul, 2018 12:00am

All set to stage play 'Panja Shikanja' at PNCA

All set to stage play 'Panja Shikanja' at PNCA

Artists at Pakistan National Council of the Arts (PNCA) are busy in rehearsing for the upcoming stage play 'Panja Shikanja' a playful satire on the political history of Pakistan in the form of a high value contemporary theater.

Published 30 Jul, 2018 12:00am

IHC to hear bail pleas of Nawaz, Maryam and Safdar tomorrow

IHC to hear bail pleas of Nawaz, Maryam and Safdar tomorrow

The Islamabad High Court (IHC) has constituted a two-judge bench to take up appeals filed by ex-prime minister Nawaz Sharif, his daughter Maryam Nawaz and son-in-law Captain Muhammad Safdar (retd) against their conviction in the Avenfield reference. The d

Published 30 Jul, 2018 12:00am

IGP Sindh orders fool proof contingency plan for cattle markets

IGP Sindh orders fool proof contingency plan for cattle markets

Inspector General of Sindh Police, Amjad Javed Salimi has ordered immediate preparation of a contingency plan for cattle markets across the province. In his directives issued here Sunday, he ordered all zonal police chiefs to accord top priority to fool p

Published 30 Jul, 2018 12:00am

Balloki power plant able to cater power for 2.5 million homes

Balloki power plant able to cater power for 2.5 million homes

National Power Parks Management Company Limited (NPPMCL), Harbin Electric International Company Limited (HEI) and GE (NYSE: GE) have announced completion of the Balloki power plant, following the successful conclusion of all commissioning works and perfor

Published 30 Jul, 2018 12:00am

USPCAS-W MUET: pre-admission test for MS/PhD held

USPCAS-W MUET: pre-admission test for MS/PhD held

The Pre-admission Test for Master of Sciences (MS) and Doctor of Philosophy (PhD) fifth batch, fall session 2018 in US-Pakistan Center for Advanced Studies in Water (USPCAS-W) at Mehran University of Engineering & Technology (MUET) Jamshoro was held at fi

Published 30 Jul, 2018 12:00am

Losers reject polls results for Bajaur NA seats

Losers reject polls results for Bajaur NA seats

Several contestants and All Bajaur Political Parties Alliance have unanimously repudiated the results of elections for two National Assembly seats.

Published 30 Jul, 2018 12:00am

KP CM announces relief package for flood victims

KP CM announces relief package for flood victims

Caretaker KP Chief Minister former Justice Dost Muhammad Khan has announced relief package for recent flood affected victims of different districts of KP and directed the district administrations, teams of PDMA and Rescue 1122 to launch immediate relief a

Published 30 Jul, 2018 12:00am

RCB confiscates 25 truckload goods

RCB confiscates 25 truckload goods

Rawalpindi Cantonment Board (RCB) confiscated 25 truckload goods including 74 handcarts, 567 counters and other items from different markets in its operations conducted against encroachments during July. According to RCB spokesman Qaiser Mahmood, a number

Published 30 Jul, 2018 12:00am

'Factors that go into GDP estimation are not written in stone, but are only changed to the benefit of OECD economies': transcription of Interview with Ehsan Masood

'Factors that go into GDP estimation are not written in stone, but are only changed to the benefit of OECD economies': transcription of Interview with Ehsan Masood

Ehsan Masood is a science and policy journalist and broadcaster with more than 20 years of experience working on the editorial staff of "Nature" and "New Scientist", among others. He also teaches science and innovation policy at Imperial College London. H

Published 30 Jul, 2018 12:00am

'Factors that go into GDP estimation are not written in stone, but are only changed to the benefit of OECD economies': transcription of Interview with Ehsan Masood

'Factors that go into GDP estimation are not written in stone, but are only changed to the benefit of OECD economies': transcription of Interview with Ehsan Masood

Ehsan Masood is a science and policy journalist and broadcaster with more than 20 years of experience working on the editorial staff of "Nature" and "New Scientist", among others. He also teaches science and innovation policy at Imperial College London. H

Published 30 Jul, 2018 12:00am

Sargodha, Khushab: six killed in rain-related incident

Sargodha, Khushab: six killed in rain-related incident

Four died other five sustained injuries as house's roof collapsed in Sargodha due to rain. According to the details, the incident took place near the area of Vego Wall due to heavy rain in the area. As a result four persons while 5 other got injured. On t

Published 30 Jul, 2018 12:00am

Stamped ballot papers recovered from garbage dump: PPP

Stamped ballot papers recovered from garbage dump: PPP

Pakistan Peoples Party (PPP) leaders on Sunday stated that thousands of ballot papers bearing stamps on symbol of arrow [PPP's electoral symbol in General Elections 2018] have been recovered from garbage dump in Qayyumabad area of Karachi.

Published 30 Jul, 2018 12:00am

KE's BQPS-II declared 'WWF-Green Office' power plant

KE's BQPS-II declared 'WWF-Green Office' power plant

K-Electric's flagship 560 MW, Bin Qasim Power Station-II (BQPS-II) is the first-ever Pakistani power plant to be declared a WWF-Green Office for its Environmental Management System which prioritises energy efficiency, focuses on waste reduction across the

Published 30 Jul, 2018 12:00am

Recounting in NA-73: Asif remains victorious

Recounting in NA-73: Asif remains victorious

Pakistan Muslim League Nawaz (PML-N) leader Khawaja Asif remained victorious in the electoral battle against Pakistan Tehreek-e-Insaf (PTI) leader Usman Dar in NA-73, Sialkot after recount. Usman Dar, who lost the election to the former foreign minister,

Published 30 Jul, 2018 12:00am

FPCCI SVP felicitates Imran on victory in elections

FPCCI SVP felicitates Imran on victory in elections

Syed Mazhar Ali Nasir, Sr. Vice President & Chairman Budget Advisory Council of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has extended his heartiest congratulations to Imran Khan on the glorious victory of his party, Pakistan Tehr

Published 30 Jul, 2018 12:00am

Iraq sacks electricity minister after weeks of protest

Iraq sacks electricity minister after weeks of protest

Iraqi Prime Minister Haider al-Abadi on Sunday sacked his minister of electricity after three weeks of protests against corruption and chronic power cuts in the energy-rich country. A statement from Abadi's office said the premier sacked Qassem al-Fahdawi

Published 30 Jul, 2018 12:00am

Egypt railway head sacked after string of train crashes

Egypt railway head sacked after string of train crashes

The head of Egypt's railway authority has been removed from office following a series of train accidents, the transport ministry said Sunday. The statement announcing Sayed Salem's sacking came just hours after a train came off the rails on the Cairo-Aswa

Published 30 Jul, 2018 12:00am

Violence flares up as Malians vote in key election

Violence flares up as Malians vote in key election

Malians voted Sunday in a crucial presidential election as attacks disrupted polling in areas already beset by deadly ethnic and jihadist violence. Despite the deployment of 30,000 security personnel throughout the country, several incidents were reported

Published 30 Jul, 2018 12:00am

Merkel's conservatives hit 12-year low in poll

Merkel's conservatives hit 12-year low in poll

Support for German Chancellor Angela Merkel's conservative bloc, trying to move beyond a bitter dispute over migrant policy that threatened the coalition, has fallen to its lowest level since 2006, a poll showed on Sunday. The Emnid poll published in Bild

Published 30 Jul, 2018 12:00am

Three dead, seven wounded in New Orleans shooting

Three dead, seven wounded in New Orleans shooting

Police were searching Sunday for two gunmen who opened fire on a crowd outside a New Orleans bar, killing three people and wounding seven others. Police said they responded to reports of a shooting late Saturday at a "daiquiri shop" about three miles from

Published 30 Jul, 2018 12:00am

Powerful storm hits disaster-ravaged Japan

Powerful storm hits disaster-ravaged Japan

A powerful storm slammed into Japan on Sunday, churning across western areas already hard hit by floods and landslides earlier this month and injuring some 20 people. Typhoon Jongdari, with winds of up to 180 kilometres (110 miles) an hour, made landfall

Published 30 Jul, 2018 12:00am

Crowds greet Palestinian teen after release from Israeli prison

Crowds greet Palestinian teen after release from Israeli prison

Palestinian teenager Ahed Tamimi left prison Sunday and was greeted by crowds of supporters after serving eight months for slapping Israeli soldiers, an episode that made her a symbol of resistance for Palestinians.

Published 30 Jul, 2018 12:00am

Cambodia ruling party claims 'huge victory' in vote decried as 'sham'

Cambodia ruling party claims 'huge victory' in vote decried as 'sham'

Cambodia's ruling party said it had won a landslide in Sunday's one-horse election, an expected outcome after the main opposition was banned paving the way for leader Hun Sen to prolong his 33 years in power. Hun Sen, who came to power in 1985 in a countr

Published 30 Jul, 2018 12:00am

G20 agriculture ministers slam protectionism, pledge WTO reforms

G20 agriculture ministers slam protectionism, pledge WTO reforms

Agriculture ministers from the G20 countries criticized protectionism in a joint statement on Saturday, and vowed to reform World Trade Organization (WTO) rules, but did not detail what steps they would take to improve the food trade system.

Published 30 Jul, 2018 12:00am

Beijing city reports slowest mortgage growth in five years

Beijing city reports slowest mortgage growth in five years

China's capital Beijing has reported its slowest growth in outstanding mortgage loans in five years, state news agency Xinhua said, as government controls help damp down the property market.

Published 30 Jul, 2018 12:00am

Saudi Electricity company second quarter net profit falls 17.3 percent

Saudi Electricity company second quarter net profit falls 17.3 percent

Saudi Electricity Co (SEC), the Gulf's largest utility firm, reported a 17.3 percent drop in second-quarter net profit on Sunday as revenues from electricity services fell and financing costs rose. The company, which the government is aiming to restructur

Published 30 Jul, 2018 12:00am

Saudi Electricity company second quarter net profit falls 17.3 percent

Saudi Electricity company second quarter net profit falls 17.3 percent

Saudi Electricity Co (SEC), the Gulf's largest utility firm, reported a 17.3 percent drop in second-quarter net profit on Sunday as revenues from electricity services fell and financing costs rose. The company, which the government is aiming to restructur

Published 30 Jul, 2018 12:00am

BMW to raise prices of two US-made SUV models in China

BMW to raise prices of two US-made SUV models in China

German carmaker BMW said it will raise the prices of two US-made crossover sport-utility vehicles in China to cope with the additional cost of tariffs on US car imports into the world's biggest auto market. In a move due to take effect on Monday, BMW said

Published 30 Jul, 2018 12:00am

Swatch quits annual Baselworld trade fair

Swatch quits annual Baselworld trade fair

Swiss watchmaker Swatch Group is quitting the annual Baselworld watch and jewellery trade fair, the NZZ am Sonntag newspaper reported on Sunday, calling time on an event that has been a fixture of the luxury industry calendar for a century.

Published 30 Jul, 2018 12:00am

Protesters chant anti-Putin slogans at Moscow rally

Protesters chant anti-Putin slogans at Moscow rally

Thousands protested in central Moscow on Sunday against a proposed increase to the retirement age and the crowd chanted slogans critical of President Vladimir Putin whose approval ratings have been dented by the bill. The rally organised by the opposition

Published 30 Jul, 2018 12:00am

Saudi chemical giant sees profits surge

Saudi chemical giant sees profits surge

Saudi petrochemicals giant SABIC registered an 80 percent surge in profit in the second quarter of 2018 due to higher prices and sales, the company said on Sunday. SABIC, the largest capitalised firm on the Saudi bourse, said in a statement it posted a $1

Published 30 Jul, 2018 12:00am

Saudi chemical giant sees profits surge

Saudi chemical giant sees profits surge

Saudi petrochemicals giant SABIC registered an 80 percent surge in profit in the second quarter of 2018 due to higher prices and sales, the company said on Sunday. SABIC, the largest capitalised firm on the Saudi bourse, said in a statement it posted a $1

Published 30 Jul, 2018 12:00am

Record drought grips Germany's breadbasket

Record drought grips Germany's breadbasket

Withered sunflowers, scorched wheat fields, stunted cornstalks - the farmlands of northern Germany have borne the brunt of this year's extreme heat and record-low rainfall, triggering an epochal drought.

Published 30 Jul, 2018 12:00am

Apple, Amazon lead the pack to $1 trillion market value

Apple, Amazon lead the pack to $1 trillion market value

For a long time, Apple appeared to be flying solo to a $1 trillion market value, but Amazon is right at its heels - and experts have no fears of a tech bubble. Apple, at $939 billion, remains the highest-valued private company on the global markets - and

Published 30 Jul, 2018 12:00am

Stripping zeros not the answer to save Venezuelan economy: analysts

Currency

Stripping zeros not the answer to save Venezuelan economy: analysts

Zapping five zeros off Venezuela's almost worthless currency is nothing but a half-hearted measure and won't solve the country's chronic hyperinflation, analysts have told AFP. President Nicolas Maduro initially announced in March that he would strike thr

Published 30 Jul, 2018 12:00am

US government approves aid as California battles raging wildfires

US government approves aid as California battles raging wildfires

The US federal government approved aid Saturday for California as thousands of firefighters battled to contain a series of deadly raging wildfires that have killed six people, including two young children and their great grandmother, and destroyed hundred

Published 30 Jul, 2018 12:00am

Three babies among six dead after boat sinks off Turkey coast

Three babies among six dead after boat sinks off Turkey coast

Three babies were among six dead after a boat carrying 16 people en route to a Greek island capsized off the northwestern coast of Turkey, state media reported on Sunday. Nine people were rescued by the coastguard after the boat, which was illegally on it

Published 30 Jul, 2018 12:00am

Spain rescues over 200 migrants at sea

Spain rescues over 200 migrants at sea

Spain said it had plucked more than 200 migrants from the Mediterranean Sea on Sunday as the country's interior minister headed to Mauritania to try to boost cooperation in the fight against illegal immigration.

Published 30 Jul, 2018 12:00am

China donates four small boats and grenade launchers to Philippines

China donates four small boats and grenade launchers to Philippines

China has donated four 12-metre-long boats and 30 rocket-propelled grenade (RPG) launchers to the Philippines, continuing the closer relations between the two countries under President Rodrigo Duterte. The donation, which follows the provision last year o

Published 30 Jul, 2018 12:00am

Poland's visionary jazz trumpeter dies

Poland's visionary jazz trumpeter dies

Polish trumpet virtuoso Tomasz Stanko died on Sunday at the age of 76, Polish public radio announced citing the artist's daughter. A seminal figure in European jazz, the veteran trumpeter was one of the stalwarts of prestigious German jazz disc house ECM

Published 30 Jul, 2018 12:00am

Mugabe says he will not vote for successor Mnangagwa

Mugabe says he will not vote for successor Mnangagwa

Zimbabwe's former president Robert Mugabe, who was ousted in November, made a surprise intervention Sunday on the eve of the country's election, saying he would not vote for his successor Emmerson Mnangagwa. In his first live appearance since being thrown

Published 30 Jul, 2018 12:00am

Turkey planning summit with France, Germany, Russia: Erdogan

Turkey planning summit with France, Germany, Russia: Erdogan

President Recep Tayyip Erdogan said Turkey is seeking to hold a summit in Istanbul with France, Germany and Russia on September 7 to discuss regional issues including the Syrian conflict, in comments published on Sunday. "We will discuss what we can do in

Published 30 Jul, 2018 12:00am

Syrian army fights IS despite hostage threat

Syrian army fights IS despite hostage threat

Pro-Syrian government forces advanced in an Islamic State pocket in southwest Syria on Sunday, a military media unit run by Damascus' ally Hezbollah reported, despite a threat to hostages the jihadists seized last week. Syrian state television broadcast f

Published 30 Jul, 2018 12:00am

China's premier says Tibet inseparable part of country's 'sacred' territory

China's premier says Tibet inseparable part of country's 'sacred' territory

Tibet is an inseparable part of China's "sacred" territory, and religious figures should promote national unity and ethnic harmony, Chinese Premier Li Keqiang said during a rare visit to a region that is a focus for international rights concerns.

Published 30 Jul, 2018 12:00am

Ecuador, Britain in talks over Assange fate

Ecuador, Britain in talks over Assange fate

Ecuador is in talks with Britain over the fate of WikiLeaks founder Julian Assange, who has been holed up at Ecuador's embassy in London since 2012 when he was granted political asylum, the country's president said in an interview published Sunday. "The i

Published 30 Jul, 2018 12:00am

Fresh headache for embattled Australia PM after poll loss

Fresh headache for embattled Australia PM after poll loss

Embattled Australian Prime Minister Malcolm Turnbull's grip on power ahead of upcoming national polls was under renewed scrutiny Sunday after disappointing by-election results. Five seats were up for grabs after four opposition politicians and one from a

Published 30 Jul, 2018 12:00am

Myanmar floods kill at least 10, force 54,000 people from homes

Myanmar floods kill at least 10, force 54,000 people from homes

Surging floodwaters have killed at least 10 people and forced tens of thousands from their homes across swathes of Myanmar, a government official said Sunday as more heavy monsoon rain battered the region. Vast areas of farmland have been submerged by mud

Published 30 Jul, 2018 12:00am

Lawyer for ex-Serbia leader shot dead

Lawyer for ex-Serbia leader shot dead

A leading lawyer who defended former Serbian strongman Slobodan Milosevic on charges of war crimes has been shot dead in Belgrade, police said Sunday. Dragoslav Ognjanovic, who was gunned down Saturday night outside the apartment block where he lived, als

Published 30 Jul, 2018 12:00am

Rabada, Shamsi set up South Africa's big win

Rabada, Shamsi set up South Africa's big win

Bowlers Kagiso Rabada and Tabraiz Shamsi starred on Sunday in South Africa's five-wicket hammering of Sri Lanka in the first one-day international, some consolation for a disappointing tour.

Published 30 Jul, 2018 12:00am

Rooney scores first DC United goal before breaking nose

Rooney scores first DC United goal before breaking nose

Former England captain Wayne Rooney grabbed his first goal for DC United but also suffered a broken nose in a 2-1 victory over Colorado Rapids in the MLS. Rooney, 32, scored the opening goal against ex-Manchester United team-mate Tim Howard but was left b

Published 30 Jul, 2018 12:00am

Bangladesh to unveil new Test venue for Zimbabwe

Bangladesh to unveil new Test venue for Zimbabwe

Bangladesh will unveil a new Test venue in the northern city of Sylhet when they host Zimbabwe there later this year, the Bangladesh Cricket Board said Sunday. The picturesque ground has hosted seven twenty20 internationals but no Test match or one-day in

Published 30 Jul, 2018 12:00am

Mustafizur returns for West Indies T20 series

Mustafizur returns for West Indies T20 series

Fast bowler Mustafizur Rahman will return to Bangladesh's squad for a three-match Twenty20 series against West Indies next month, the Bangladesh Cricket Board said Sunday. Mustafizur missed the T20 series against Afghanistan in June due to a toe injury su

Published 30 Jul, 2018 12:00am

Shaqiri shines in debut as Liverpool rout United

Shaqiri shines in debut as Liverpool rout United

Liverpool scored three second half goals as they wrapped up their pre-season tour of America on Saturday with a dominating 4-1 victory over Manchester United at Michigan Stadium. Xherdan Shaqiri put a stamp on his Liverpool debut with a spectacular bicycl

Published 30 Jul, 2018 12:00am

Thomas wins Tour de France as Kristoff takes final stage

Thomas wins Tour de France as Kristoff takes final stage

Britain's Geraint Thomas sealed his maiden Tour de France victory on Sunday after the 21st and final stage won by Norway's Alexander Kristoff. Thomas, of Team Sky, finished the race in Paris with a near two-minute lead on Dutch rival Tom Dumoulin (Sunweb)

Published 30 Jul, 2018 12:00am

Hamilton wins in Hungary to build championship lead

Hamilton wins in Hungary to build championship lead

Lewis Hamilton strengthened his push for a fifth world title by increasing his championship lead to 24 points on Sunday as he claimed a convincing victory for Mercedes in the Hungarian Grand Prix. The defending world champion came home 17.123 seconds ahea

Published 30 Jul, 2018 12:00am

North Korean athletes arrive in South for joint Asiad training

North Korean athletes arrive in South for joint Asiad training

North Korean athletes arrived in the South on Sunday for joint training ahead of the Asian Games next month, the latest effort at rare cross-border sports diplomacy. The two Koreas agreed last month to field joint teams in three sports - canoeing, rowing

Published 30 Jul, 2018 12:00am

Baker breaks 100 meter backstroke world record

Baker breaks 100 meter backstroke world record

Kathleen Baker set a world record of 58.00sec Saturday to win the 100m backstroke at the US swimming championships. Baker, silver medalist in the event at the 2016 Rio Olympics, improved on the world record of 58.10 set by Canadian Kylie Masse at the Worl

Published 30 Jul, 2018 12:00am

Isner outlasts Ebden to set up all-American Atlanta rematch

Isner outlasts Ebden to set up all-American Atlanta rematch

Top seed John Isner booked his spot in his eighth Atlanta Open final, defeating Aussie Matthew Ebden 6-4, 6-7 (6/8), 6-1 in the semi-finals on Saturday. The hard-serving Isner avenged his only loss to Ebden in five career ATP Tour meetings when the Aussie

Published 30 Jul, 2018 12:00am

Broad accepts England quicks could be rested during India series

Broad accepts England quicks could be rested during India series

Stuart Broad says he and his fellow England pacemen may have to accept being rested during the upcoming Test series with India. A packed schedule of five Tests in barely six weeks is one almost designed to work against fast bowlers on both sides, particul

Published 30 Jul, 2018 12:00am

Danilovic wins maiden WTA title in Moscow

Danilovic wins maiden WTA title in Moscow

Olga Danilovic clinched her first WTA title on Sunday with a 7-5, 6-7 (1/7), 6-4 win over Russia's Anastasia Potapova in a battle of 17-year-olds in the Moscow final. Serbian Danilovic, the world number 187, is the first lucky loser to win a WTA tournamen

Published 30 Jul, 2018 12:00am

Global economy has peaked; trade war torpedoes optimism

Global economy has peaked; trade war torpedoes optimism

Global economic activity remains solid but has already passed its peak, according to economists in Reuters polls who expect protectionist policies on trade, which show no signs of abating, to tap the brakes significantly. While trade conflict between the

Published 30 Jul, 2018 12:00am

Trump's emergency aid to farmers could have negative side effects

Cotton

Trump's emergency aid to farmers could have negative side effects

For US farmers affected by the trade war unleashed by President Donald Trump, the $12 billion in emergency aid from his administration's is a temporary remedy, and it comes with several potential negative side effects. The Agriculture Department announced

Published 30 Jul, 2018 12:00am

VW ex-boss Winterkorn in tax evasion probe

VW ex-boss Winterkorn in tax evasion probe

German prosecutors are investigating former Volkswagen boss Martin Winterkorn over suspicion that he may have evaded taxes, Bild am Sonntag reported. Winterkorn was already in the sights of investigators looking at whether he failed to inform investors pr

Published 30 Jul, 2018 12:00am

China's June industrial profit growth slows

China's June industrial profit growth slows

Profit growth for China's industrial firms eased in June from the previous month, data showed on Friday, as factory production slowed amid the worsening trade US dispute and Beijing's efforts to cut pollution and debt.

Published 30 Jul, 2018 12:00am

Infosys to build software development centre in India

Infosys to build software development centre in India

Indian IT giant Infosys Ltd said on Sunday it would build a software development centre in Noida in the northern state of Uttar Pradesh, with an initial investment of about 7.5 billion rupees ($109 million). India's second-biggest software services export

Published 30 Jul, 2018 12:00am

Colgate-Palmolive to raise prices

Colgate-Palmolive to raise prices

Colgate-Palmolive Co said on Friday that it would "modestly" raise prices in the second-half of the year, mainly in emerging markets, as the world's largest toothpaste maker seeks relief from surging raw materials costs.

Published 30 Jul, 2018 12:00am

Global auto powers plotting response to Trump auto tariff threats

Global auto powers plotting response to Trump auto tariff threats

Canada, the European Union, Japan, Mexico and South Korea will meet in Geneva next week to discuss how to respond to threats by US President Donald Trump to impose tariffs on US imports of autos and car parts, officials familiar with the talks said.

Published 30 Jul, 2018 12:00am

French luxury giants dive into Silicon Valley

Kerb

French luxury giants dive into Silicon Valley

Steve Jobs may have been a tech genius, but he clearly didn't care much for fashion. Facebook boss Mark Zuckerberg has followed in his footsteps, sporting a plain grey T-shirt every day for years - only to swap it for a simple black suit to testify before

Published 30 Jul, 2018 12:00am

Life on Mars: Japan astronaut dreams after lake discovery

Life on Mars: Japan astronaut dreams after lake discovery

Japanese astronaut Norishige Kanai came back to earth last month but is still dreaming of space, especially after the discovery of an underground lake brought mankind one step closer to unravelling the mystery of life on Mars.

Published 30 Jul, 2018 12:00am

Long work week may up diabetes risk for women

Long work week may up diabetes risk for women

Women who work 45 hours or more each week could be more likely to develop diabetes, a Canadian study suggests. Researchers tracked 7,065 workers aged 35 and older in Ontario, Canada, over 12 years. None of them had diabetes at the start of the study or du

Published 30 Jul, 2018 12:00am

Heatwaves from the Arctic to Japan: a sign of things to come?

Heatwaves from the Arctic to Japan: a sign of things to come?

Intense heatwaves like the one which fuelled Greece's deadly wildfires are set to become increasingly frequent around the world due to climate change, experts warn. Is the current heatwave exceptional?

Published 30 Jul, 2018 12:00am

Untouched ocean habitats rapidly shrinking: study

Untouched ocean habitats rapidly shrinking: study

Shipping, pollution and overfishing have reduced areas of "wilderness" to just 13 percent of the world's oceans, a study showed on Friday, warning untouched marine habitats could completely vanish within half a century. International researchers analysing

Published 30 Jul, 2018 12:00am

Ebola: profile of a dreaded killer

Fever, vomiting and intense diarrhoea are among the symptoms of Ebola, a virus that spreads through contact with bodily fluids, is highly infectious and extremely lethal. As the latest outbreak in the Democratic Republic of Congo (DRC) is declared over, h

Published 30 Jul, 2018 12:00am

Zika epidemic is not over, says Brazilian specialist

Zika epidemic is not over, says Brazilian specialist

Concern about the zika virus may have waned since the disease spiked in the months before the 2016 Rio Olympics, but the epidemic is not over, a Brazilian expert told AFP. Gustavo Correa Matta said government spending cuts in Brazil could hamper the abili

Published 30 Jul, 2018 12:00am

Scientists seek end to 'unscientific' HIV laws

Scientists seek end to 'unscientific' HIV laws

AIDS experts called on Wednesday for an end to laws that can see HIV-positive people jailed for exposing others to the virus, saying the approach was "unscientific" and worsening the killer epidemic. At least 68 countries have legislation that criminalise

Published 30 Jul, 2018 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value
Petrol/Litre / Jan 1	254.63
Diesel/Litre / Jan 1	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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KP govt declares Galiyat, Bashkar as ‘biosphere reserves’

KP govt declares Galiyat, Bashkar as ‘biosphere reserves’

Less than modest increase

Less than modest increase

4.7 magnitude earthquake jolts Karachi, surrounding areas

4.7 magnitude earthquake jolts Karachi, surrounding areas

President Zardari, PM Shehbaz extend Eid greetings to nation

President Zardari, PM Shehbaz extend Eid greetings to nation

Oil steadies near $75 as market weighs tariffs, sanctions

Oil steadies near $75 as market weighs tariffs, sanctions

PMO takes big step towards fueling economy

PMO takes big step towards fueling economy

Pakistan extends deadline for expulsion of Afghans

Pakistan extends deadline for expulsion of Afghans

Mysterious fire still burning in Karachi’s Korangi Crossing

Mysterious fire still burning in Karachi’s Korangi Crossing