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Print - 2018-08-08
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (August 07, 2018).

Published 08 Aug, 2018 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (August 07, 2018).

Published 08 Aug, 2018 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 08 Aug, 2018 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 08 Aug, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 08 Aug, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 08 Aug, 2018 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,459. The traded value of Metals, Energy and COTS/FX was recorded at PKR 4.306 billion and the number of lots traded was 8,112.
Published 08 Aug, 2018 12:00am
CBOT soyabean futures fall

CBOT soyabean futures fall

Chicago Board of Trade soyabean futures fell on Monday as worries about a worsening trade war between the United States and China dragged prices lower. CBOT September soyabeans settled down 8-3/4 cents at $8.82-3/4 a bushel. New-crop November futures ende
Published 08 Aug, 2018 12:00am
CBOT wheat futures at three-year high

CBOT wheat futures at three-year high

Chicago Board of Trade wheat futures surged more than 3 percent on Monday and closed at its highest level in three years on concerns about global grain stocks amid shrinking harvest prospects in Europe, the Black Sea region, Australia and Canada.
Published 08 Aug, 2018 12:00am
Paris wheat futures hit multi-year highs

Paris wheat futures hit multi-year highs

Worries over severe weather in Europe drove Paris wheat futures higher on Monday after prices hit multi-year highs last week. The benchmark December milling wheat on Paris-based Euronext, settled 3 euros, or 1.4 percent, higher at 214.75 euros ($248.01) a
Published 08 Aug, 2018 12:00am
Palm oil rangebound on European vegoils market
Vegetable Oil

Palm oil rangebound on European vegoils market

Palm oil on the European vegetable oils market was offered in a tight range on Monday as a strong dollar offset gains in Malaysian palm oil futures. Asking prices for palm oil were mostly between $2.50 a tonne up and $2.50 down from Friday after Malaysian
Published 08 Aug, 2018 12:00am
Chinese iron ore futures rise on strong steel margins

Chinese iron ore futures rise on strong steel margins

Chinese iron ore futures surged nearly 7 percent to their strongest level since March on Monday, supported by strong margins at China's steel producers as Beijing's anti-pollution fight tightens supply in the world's top producer. Rebar steel prices rose
Published 08 Aug, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 165,025 tonnes of cargo comprising 117,945 tonnes of import cargo and 47,080 tonnes of export cargo including 6,537 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday.
Published 08 Aug, 2018 12:00am
Cotton spot rates fall on rise in phutti arrivals
Cotton

Cotton spot rates fall on rise in phutti arrivals

Official spot rates dipped on the cotton market on Tuesday in the process of improved trading activity, dealers said. The official spot rate lost Rs 300 to Rs 9100, they added. Prices of seed cotton in Sindh gained Rs 100 to Rs 4100-4400 in the Punjab, ra
Published 08 Aug, 2018 12:00am
Tokyo 2020 to up security with facial recognition system

Tokyo 2020 to up security with facial recognition system

Tokyo 2020 will be the first Olympics to use facial recognition technology to increase security around all venues, the organisers announced on Tuesday. Games organisers have linked up with Japanese telecommunications and information technology giant NEC t
Published 08 Aug, 2018 12:00am
Zakalnytskyy and Henriques walk to European glory

Zakalnytskyy and Henriques walk to European glory

Ukrainian Maryan Zakalnytskyy and Portugal's Ines Henriques were the first two champions crowned at the European Athletics Championships on Tuesday when they delivered exceptional 50 kilometre race walk triumphs. On a hot morning around the streets of Ber
Published 08 Aug, 2018 12:00am
Dejected Hafeez considering retirement

Dejected Hafeez considering retirement

After being dejected over demotion from Category-A to B in the PCB central contract, all-rounder Mohammad Hafeez is learnt to have considering different options including retirement from cricket and not to sign the central contract for the year 2018-19.
Published 08 Aug, 2018 12:00am
Domestic cricket calendar for 2018-19 season announced

Domestic cricket calendar for 2018-19 season announced

The Pakistan Cricket Board (PCB) Tuesday announced the Domestic Cricket Calendar for the 2018-19 cricket season. A PCB spokesman, said here today that the forthcoming domestic cricket season includes Regional Inter-District Senior (3-day), Inter Region U-
Published 08 Aug, 2018 12:00am
Manchester City goalkeeper Hart signs for Burnley

Manchester City goalkeeper Hart signs for Burnley

Former England goalkeeper Joe Hart has signed for Burnley from Manchester City, with City chairman Khaldoon Al Mubarak hailing his enormous contribution to the success of the Premier League champions.
Published 08 Aug, 2018 12:00am
Parvez Abbasi Open Shooting Championship opens

Parvez Abbasi Open Shooting Championship opens

Competitions at the Parvez Abbasi Open Shooting Championship 2018 kicked-off on Tuesday, at the Pakistan Navy Shooting Range in PNS Karsaz, Karachi. The six-day tournament has gathered shooters from across the country to compete in various type of firearm
Published 08 Aug, 2018 12:00am
PBCC awards contract to 17 players for six months

PBCC awards contract to 17 players for six months

Pakistan Blind Cricket Council (PBCC) has awarded central contracts to as many as 17 blind cricketers for a period of six months from July to December, 2018. The central contracts were awarded in three categories i.e., Category-A (Rs 12,000), Category-B (
Published 08 Aug, 2018 12:00am
Raonic completes home double in Toronto

Raonic completes home double in Toronto

Milos Raonic posted a second Canadian victory on Monday, joining Peter Polansky in the second round of the ATP Toronto Masters after a 6-3, 6-4 defeat of David Goffin. Vasek Pospisil missed out on a local hat-trick in a night match as the Canadian lost to
Published 08 Aug, 2018 12:00am
Ponting says Australia ball-tampering bans 'shocked' world cricket

Ponting says Australia ball-tampering bans 'shocked' world cricket

Ricky Ponting believes the lengthy bans given to former Australia captain Steve Smith, David Warner and Cameron Bancroft for their roles in March's ball-tampering scandal in South Africa have been a beneficial "shock" to world cricket.
Published 08 Aug, 2018 12:00am
Tennis federation boss defends Davis Cup reforms

Tennis federation boss defends Davis Cup reforms

The head of the International Tennis Federation defended his controversial Davis Cup reform bid on Tuesday, vowing the revamped event will bring benefits across the tennis world. ITF chief David Haggerty's plan, which sees the Davis Cup reduced to a seaso
Published 08 Aug, 2018 12:00am
Ball tampering threatens 'cricket's DNA': ICC boss

Ball tampering threatens 'cricket's DNA': ICC boss

Global cricket boss David Richardson declared that ball tampering and bad behaviour threatened "cricket's DNA" and would not be tolerated by fans in the wake of the Australia cheating scandal. The International Cricket Council chief executive said the "pu
Published 08 Aug, 2018 12:00am
Amcor aims to wrap up rival Bemis for $5.25 billion

Amcor aims to wrap up rival Bemis for $5.25 billion

The world's biggest listed packaging company, Amcor Ltd, on Monday swooped on US rival Bemis Company Inc in a $5.25 billion all-stock deal that comes as packaging firms are jostling to buy growth with acquisitions.
Published 08 Aug, 2018 12:00am
Egypt's Suez Canal revenues rise
Currency

Egypt's Suez Canal revenues rise

Egypt's Suez Canal revenues rose to $493.3 million in July, a Reuters calculation showed on Monday. Suez Canal Authority Chief Mohab Mamish said at a press conference that revenues for July rose by $46.2 million compared with the same month last year.
Published 08 Aug, 2018 12:00am
SoftBank monetises investments as telco IPO looms

SoftBank monetises investments as telco IPO looms

Japan's SoftBank Group Corp on Monday reported a 49 percent rise in first-quarter operating profit, boosted by the sale of its stake in Indian e-commerce firm Flipkart - the first public divestment by its Vision Fund.
Published 08 Aug, 2018 12:00am
SoftBank monetises investments as telco IPO looms

SoftBank monetises investments as telco IPO looms

Japan's SoftBank Group Corp on Monday reported a 49 percent rise in first-quarter operating profit, boosted by the sale of its stake in Indian e-commerce firm Flipkart - the first public divestment by its Vision Fund.
Published 08 Aug, 2018 12:00am
Philippine inflation accelerates, cements rate hike expectations

Philippine inflation accelerates, cements rate hike expectations

Philippine annual inflation accelerated in July and moved further away from the central bank's comfort range, strengthening expectations for further policy tightening this week. Inflation quickened to 5.7 percent in July, the fastest rise in over five yea
Published 08 Aug, 2018 12:00am
Carrefour, Tesco seal purchasing deal

Carrefour, Tesco seal purchasing deal

Carrefour and Tesco, two of Europe's largest retailers, said Monday they had finalised a purchasing alliance to increase their leverage with suppliers in the fiercely competitive supermarket sector. The French and British supermarket giants said in a join
Published 08 Aug, 2018 12:00am
Amsterdam moots new measures to tame red light crowds

Amsterdam moots new measures to tame red light crowds

Amsterdam is taking new measures to ease tourist pressure on its popular red-light district including compulsory clean-up breaks in streets and monitoring of crowds, the council said Tuesday. The announcement comes days after the city's ombudsman warned i
Published 08 Aug, 2018 12:00am
Munich Re to curb coal activities

Munich Re to curb coal activities

German re-insurance giant Munich Re said Monday it would scale back investments in coal-related businesses and stop insuring new plants and mines extracting the fuel, to help the battle against climate change.
Published 08 Aug, 2018 12:00am
Pound down, dollar steadies in Asia
Currency

Pound down, dollar steadies in Asia

The pound stayed fragile on Tuesday after falling to an 11-month low against the dollar overnight on worries over a 'hard' Brexit from the European Union, while simmering US-China trade tensions provided support to the greenback. Comments from officials a
Published 08 Aug, 2018 12:00am
Dollar posts biggest drop in a week in Europe

Dollar posts biggest drop in a week in Europe

The dollar tumbled a quarter of a percent against a basket of its peers on Tuesday, its biggest drop in a week, as expectations grew that the dollar's recent rally on the back of escalating trade tensions may be coming to an end. Since mid-April, the doll
Published 08 Aug, 2018 12:00am
Early trade in New York: dollar weakens as yuan stabilizes
Currency

Early trade in New York: dollar weakens as yuan stabilizes

The US dollar weakened against the euro on Tuesday as the Chinese yuan showed more stability, after the currency pair neared but failed to break through technical levels supporting the single currency. The dollar has been boosted by trade tensions as the
Published 08 Aug, 2018 12:00am
Pound drops on Brexit fears in New York
Currency

Pound drops on Brexit fears in New York

Concerns about Britain's plan to leave the European Union sent the pound to an 11-month low against the greenback on Monday, while US-China trade tensions helped boost the US currency. Comments by officials about a no-deal Brexit stoked fears Britain woul
Published 08 Aug, 2018 12:00am
Sri Lankan rupee edges down
Currency

Sri Lankan rupee edges down

The Sri Lankan rupee ended marginally weaker on Tuesday as demand for the US dollar from foreign banks surpassed mild inward remittances, traders said. The rupee ended at 159.75/85 per dollar, compared with Monday's close of 159.70/80. It hit a record low
Published 08 Aug, 2018 12:00am
Most Asian currencies weaken
Currency

Most Asian currencies weaken

Most Asian currencies weakened against the dollar on Tuesday as revived US sanctions on Iran and escalating trade tensions between Beijing and Washington tempered appetite for emerging market foreign exchange. The worsening trade war between China and US
Published 08 Aug, 2018 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 83.75-83.75 (Previous 83.75-83.75).
Published 08 Aug, 2018 12:00am
Sterling stumbles against euro
Currency

Sterling stumbles against euro

The pound fell to a five-month low against the euro on Tuesday as the single currency rebounded and investors worried Britain could crash out of the European Union without securing a trade deal. Sterling, which has had a tougher time against the dollar in
Published 08 Aug, 2018 12:00am
Aussie frets
Currency

Aussie frets

The Australian dollar treaded water on Tuesday as the country's central bank held a policy meeting against the background of rising Sino-US trade tensions and unease over global growth. The Aussie dollar was idling at $0.7390, sandwiched between support a
Published 08 Aug, 2018 12:00am
Abu Dhabi index hits highest level since 2014

Abu Dhabi index hits highest level since 2014

Gulf stocks mostly rose on Tuesday, with the Abu Dhabi exchange hitting its highest level since 2014 and Saudi Arabia's exchange shrugging off a diplomatic row with Canada.
Published 08 Aug, 2018 12:00am
Sri Lankan shares hit near four-week low

Sri Lankan shares hit near four-week low

Sri Lankan shares declined for a second straight session on Tuesday and posted their lowest close in nearly four weeks, as foreign investors sold stocks such as conglomerate John Keells Holdings Plc, brokers said.
Published 08 Aug, 2018 12:00am
Tokyo shares soar

Tokyo shares soar

Tokyo stocks ended higher Tuesday along with other Asian markets following overnight gains on Wall Street, but investors refrained from making major moves ahead of US-Japan trade talks. The benchmark Nikkei 225 index rose 0.69 percent, or 155.42 points, t
Published 08 Aug, 2018 12:00am
Wall Street closes higher as strong earnings cheer investors

Wall Street closes higher as strong earnings cheer investors

The three major US stock indexes closed higher on Monday as investors applauded a strong US earnings season with results from Berkshire Hathaway impressing and Facebook lifting Nasdaq after a report it was planning new services.
Published 08 Aug, 2018 12:00am
Indian shares flat

Indian shares flat

Indian shares ended nearly flat on Tuesday, as gains in material stocks were offset by losses in energy and industrials. The benchmark BSE index closed 0.07 percent lower to 37,665.80, while the broader NSE index ended 0.02 percent higher to 11389.45.
Published 08 Aug, 2018 12:00am
US bond yields fall

US bond yields fall

US Treasury yields dipped on Monday, with the 10-year yield hitting a two-week low on safe-haven demand stemming from the trade conflict between United States and China, the world's two largest economies. Bids for less risky Treasuries came ahead of this
Published 08 Aug, 2018 12:00am
US bond yields fall

US bond yields fall

US Treasury yields dipped on Monday, with the 10-year yield hitting a two-week low on safe-haven demand stemming from the trade conflict between United States and China, the world's two largest economies. Bids for less risky Treasuries came ahead of this
Published 08 Aug, 2018 12:00am
Australian, New Zealand shares ease

Australian, New Zealand shares ease

Australia's benchmark share index edged down on Tuesday as BHP and Rio Tinto declined on worries over a labour dispute at a mammoth copper mine in Chile, but energy stocks gained ahead of renewed US sanctions on major oil exporter Iran. Financial stocks a
Published 08 Aug, 2018 12:00am
China shares rebounds
Currency

China shares rebounds

Shares in China rebounded on Tuesday following a heavy four-day selloff, as investors picked up battered stocks while infrastructure firms were bolstered by expectations of increased spending on public works projects. The Shanghai Composite index jumped 7
Published 08 Aug, 2018 12:00am
European stocks make their way back to the black

European stocks make their way back to the black

European shares rose on Tuesday and made their way back to positive territory for 2018 as investors cheered UniCredit results, oil prices boosted energy groups and a positive open on Wall Street lifted sentiment. The STOXX 600 closed up 0.56 percent at 39
Published 08 Aug, 2018 12:00am
Hong Kong shares up

Hong Kong shares up

Hong Kong's main Hang Seng index ended firmer on Tuesday, led by gains in property stocks, after developer Country Garden said it expected upbeat first-half results. The Hang Seng China Enterprises index closed higher. The Hang Seng index ended up 429.32
Published 08 Aug, 2018 12:00am
Southeast Asian markets

Southeast Asian markets

Singapore shares jumped the most in more than three-and-a-half months on Tuesday with financials leading the charge, while Philippine stocks fell as data showing mounting inflation strengthened expectations for further policy tightening this week. Singapo
Published 08 Aug, 2018 12:00am
FTSE gains as stronger commodity stocks outweigh disappointing results

FTSE gains as stronger commodity stocks outweigh disappointing results

Britain's top share index rose on Tuesday as miners and oil stocks tracked rising commodity prices, although some disappointing updates including from Intertek and Hargreaves kept a lid on gains. The FTSE 100 ended the session up 0.7 percent at 7,718.48,
Published 08 Aug, 2018 12:00am
Indonesia's forex reserves decline $1.5 billion

Indonesia's forex reserves decline $1.5 billion

Indonesia's foreign exchange reserves fell $1.5 billion in July to $118.3 billion, partly because of central bank intervention to defend the rupiah, Bank Indonesia (BI) said on Tuesday. The end-July reserves level was equal to 6.9 months of imports, above
Published 08 Aug, 2018 12:00am
Rosneft profit quadruples as oil prices rise

Rosneft profit quadruples as oil prices rise

Russian oil giant Rosneft announced Tuesday its net profit almost quadrupled in the first half of the year thanks to rising oil prices and said it wants to focus on organic growth. Between January and June, the state-controlled group reported a net profit
Published 08 Aug, 2018 12:00am
Commerzbank beats earnings expectations

Commerzbank beats earnings expectations

Germany's second biggest lender Commerzbank on Tuesday posted better than expected earnings for the second quarter, although it expects slightly higher costs for the full year as it pushes on with restructuring. In the three months ending June, the bank r
Published 08 Aug, 2018 12:00am
Regional push as Australia's population hits 25 million

Regional push as Australia's population hits 25 million

Australia's population was due to hit 25 million on Tuesday, renewing debate about overcrowding and infrastructure pressures in major cities as the government explores ways to encourage migrants into regional areas. The Australian Bureau of Statistics pro
Published 08 Aug, 2018 12:00am
Japan wage growth hits 21-year high

Japan wage growth hits 21-year high

Japan's household spending slid in June but real wages rose at their fastest pace in more than 21 years thanks to higher summer bonuses, a sign the benefits of a prolonged economic recovery are broadening. Household income also marked the fastest gain in
Published 08 Aug, 2018 12:00am
UniCredit profits rise but 'mind the gap'

UniCredit profits rise but 'mind the gap'

UniCredit announced Tuesday what it called its best half-year results in a decade although heightened political risks in Italy could hamper efforts to reinforce a key indicator of the bank's ability to withstand a crisis.
Published 08 Aug, 2018 12:00am
Italy passes law targeting temporary work, firms moving abroad

Italy passes law targeting temporary work, firms moving abroad

Italy's Senate on Tuesday approved a decree curbing temporary job contracts and penalising firms that move production abroad, passing the first major legislation by the new government. Job security was an election battle cry of Labour Minister Luigi Di Ma
Published 08 Aug, 2018 12:00am
German factory and jobs figures point to modest Q2 growth

German factory and jobs figures point to modest Q2 growth

The German economy is set for modest growth in the second quarter after industrial output edged up and job vacancies hit a record high, underlining labour market strength that is fuelling a consumer-led upswing. Europe's biggest economy saw vacancies surg
Published 08 Aug, 2018 12:00am
Singapore uproar over store selling ivory jewellery

Singapore uproar over store selling ivory jewellery

A Singapore online store selling ivory jewellery has sparked uproar, with an animal rights group Tuesday slamming the shop for offering products made from "tortured" elephants. Ivory Lane offers earrings for Sg$160 ($120) and necklaces for Sg$800 ($585),
Published 08 Aug, 2018 12:00am
Berlin plans further curbs against non-EU investors

Berlin plans further curbs against non-EU investors

Berlin is planning to further toughen rules against non-European investors taking stakes in German companies, the economy minister said Tuesday, as concern grows in Europe's biggest economy over China's shopping spree. "In the future we want to be able to
Published 08 Aug, 2018 12:00am
Pro-regime Druze militia in Syria hangs IS member

Pro-regime Druze militia in Syria hangs IS member

Pro-government Druze militiamen hanged a member of the Islamic State group in Syria's Sweida on Tuesday, a monitor said, just days after the jihadists executed a young hostage from the minority group. IS abducted more than 30 Druze civilians - women and t
Published 08 Aug, 2018 12:00am
Ivory Coast's former first lady 'to be freed Wednesday'

Ivory Coast's former first lady 'to be freed Wednesday'

Ivory Coast's former first lady, Simone Gbagbo, who is serving a 20-year jail term, will be freed on Wednesday after President Alassan Ouattara granted her an amnesty, her lawyer said on Tuesday.
Published 08 Aug, 2018 12:00am
Argentine ex-vice president convicted for corruption
Currency

Argentine ex-vice president convicted for corruption

Argentina's former vice president, Amado Boudou, was sentenced to nearly six years in prison on Tuesday after being found guilty of corruption while serving under former president Cristina Kirchner. The charges related to Boudou's attempt to buy a company
Published 08 Aug, 2018 12:00am
Israeli strike kills two Hamas militants in Gaza

Israeli strike kills two Hamas militants in Gaza

An Israeli strike on Tuesday killed two militants of the Gaza Strip's ruling Hamas movement after shots were fired at soldiers, Gazan and Israeli officials said. The Islamist group's military wing, the Ezzedine al-Qassam Brigades, confirmed in a statement
Published 08 Aug, 2018 12:00am
Nigerian intelligence head sacked

Nigerian intelligence head sacked

The Nigerian presidency on Wednesday fired the head of the intelligence service, a day after it said security services staged a brief "takeover" of parliament. Hooded armed men from the police and Department of State Service (DSS) filtered access to the t
Published 08 Aug, 2018 12:00am
North Korea foreign minister visits Iran

North Korea foreign minister visits Iran

Iran's Foreign Minister Mohammad Javad Zarif met with his North Korean counterpart Ri Yong Ho on Tuesday, on the same day the US reimposed nuclear-related sanctions on the Islamic republic. Zarif welcomed Ri and a team of officials at the foreign ministry
Published 08 Aug, 2018 12:00am
California scorched by raging wildfires the size of LA

California scorched by raging wildfires the size of LA

Tens of thousands of firefighters on Tuesday were battling relentless flames ripping across California, as the death toll from a series of infernos that first erupted last month hit 11.
Published 08 Aug, 2018 12:00am
EU, US warn Zimbabwe over post-election Crackdown

EU, US warn Zimbabwe over post-election Crackdown

The European Union and United States on Tuesday condemned violent attacks targeting the Zimbabwe opposition since elections last week, as 27 supporters of the MDC party were released on bail.
Published 08 Aug, 2018 12:00am
Heatwave kills a tonne of Swiss fish

Heatwave kills a tonne of Swiss fish

Roughly a tonne of fish have been killed in recent days by high temperatures in Swiss waters caused by the European heatwave, public broadcaster RTS reported Tuesday. The most severely affected area is the stretch of the Rhine river that runs from Lake Co
Published 08 Aug, 2018 12:00am
Spain heatwave death toll rises to nine

Spain heatwave death toll rises to nine

Spain's death toll from a particularly virulent heatwave rose to nine in just one week, authorities said Tuesday, as the country suffers sky-high temperatures. A 66-year-old man who died on Thursday in the southwestern region of Extremadura near Portugal
Published 08 Aug, 2018 12:00am
UK PM says Boris Johnson should apologise over burqa comments

UK PM says Boris Johnson should apologise over burqa comments

British Prime Minister Theresa May backed calls Tuesday for her former foreign minister Boris Johnson to apologise for disparaging comments he made about Muslim women wearing burqas - but he branded his critics "ridiculous".
Published 08 Aug, 2018 12:00am
LHC orders LDA to de-seal Safma office

LHC orders LDA to de-seal Safma office

The Lahore High Court on Tuesday directed the Lahore Development Authority (LDA) to de-seal the office of South Asia Free Media Association (Safma) and also sought reply from the respondent authority by September 13.
Published 08 Aug, 2018 12:00am
A $67 billion question

A $67 billion question

There is an overwhelming consensus among independent economists within and outside the country that Pakistan's economy has never been in such a bad shape as it is in now. Five years of economic mis-governance including corrupting key economic statistics a
Published 08 Aug, 2018 12:00am
Tandlianwala Sugar Mills Limited

Tandlianwala Sugar Mills Limited

Tandlianwala Sugar Mills Limited (PSX: TSML) is the third largest sugar mill in Punjab province as well as the country, after JDW and Hamza sugar mills. The company was incorporated in 1988 as a public limited. The registered office of the company is loca
Published 08 Aug, 2018 12:00am
Tandlianwala Sugar Mills Limited

Tandlianwala Sugar Mills Limited

Tandlianwala Sugar Mills Limited (PSX: TSML) is the third largest sugar mill in Punjab province as well as the country, after JDW and Hamza sugar mills. The company was incorporated in 1988 as a public limited. The registered office of the company is loca
Published 08 Aug, 2018 12:00am
Maple Leaf Cement, Kohinoor Textile win awards

Maple Leaf Cement, Kohinoor Textile win awards

Maple Leaf Cement and Kohinoor Textile Mills have won the Best Corporate Report Awards for the year 2017. According to a spokesperson of Kohinoor Maple Leaf Group here on Tuesday, the Best Corporate Report Award 2017 was jointly hosted by ICAP and ICMAP i
Published 08 Aug, 2018 12:00am
Maple Leaf Cement, Kohinoor Textile win awards

Maple Leaf Cement, Kohinoor Textile win awards

Maple Leaf Cement and Kohinoor Textile Mills have won the Best Corporate Report Awards for the year 2017. According to a spokesperson of Kohinoor Maple Leaf Group here on Tuesday, the Best Corporate Report Award 2017 was jointly hosted by ICAP and ICMAP i
Published 08 Aug, 2018 12:00am
Foolproof security ordered on Independence Day

Foolproof security ordered on Independence Day

Punjab Chief Secretary Akbar Durrani on Tuesday ordered the divisional commissioner and deputy commissioner to ensure foolproof security on the eve of Independence Day. While reviewing arrangements regarding Independence Day celebrations here on Tuesday a
Published 08 Aug, 2018 12:00am
Drive to create awarenss about hazards of malnutrition launched

Drive to create awarenss about hazards of malnutrition launched

Punjab Planning & Development Department in collaboration with Nutrition Section/SUN Secretariat Ministry of Planning Development & Reform and Human Development Foundation jointly organized Provincial Launch (Punjab) of a Mass Awareness Campaign "Umeed Sa
Published 08 Aug, 2018 12:00am
Five of a family killed in Lahore over property dispute

Five of a family killed in Lahore over property dispute

At least five members of a family including two real brothers and two teenage boys were brutally murdered over old enmity in Barki area on Tuesday morning, police officials said. The deceased were identified as Qurban Ali (50), Abdul Rasheed (45), Bashir
Published 08 Aug, 2018 12:00am
New dams, reservoirs must for Pakistan's prosperity: FCCI

New dams, reservoirs must for Pakistan's prosperity: FCCI

New dams and water reservoirs are imperative for an economically safe, stable and prosperous Pakistan, said Farooq Yusuf Acting President Faisalabad Chamber of Commerce & Industry (FCCI). Leading an awareness walk organised by Nexuses Lions Club about the
Published 08 Aug, 2018 12:00am
Guidelines on Congo virus issued

Guidelines on Congo virus issued

In the wake of forthcoming Eid-ul-Azha, the Punjab primary and secondary healthcare department has issued alert and guidelines on Congo Virus to authorities concerned to all districts of Punjab and also asked them to raise awareness among the general publ
Published 08 Aug, 2018 12:00am
US CG for more trade options with Pakistan

US CG for more trade options with Pakistan

US Consul General Elizabeth Kennedy Trudeau said the future of Pakistan and its relationship with the United States is very bright and the private sector, especially business communities of both sides, can play a vital role in this regard. She was speakin
Published 08 Aug, 2018 12:00am