AIRLINK 178.30 Increased By ▲ 4.51 (2.6%)
BOP 11.48 Increased By ▲ 0.12 (1.06%)
CNERGY 8.66 Increased By ▲ 0.02 (0.23%)
CPHL 101.30 Decreased By ▼ -0.34 (-0.33%)
FCCL 46.65 Decreased By ▼ -0.29 (-0.62%)
FFL 15.56 Increased By ▲ 0.17 (1.1%)
FLYNG 28.00 Increased By ▲ 0.21 (0.76%)
HUBC 144.38 Increased By ▲ 0.63 (0.44%)
HUMNL 12.99 No Change ▼ 0.00 (0%)
KEL 4.54 Increased By ▲ 0.02 (0.44%)
KOSM 5.84 Increased By ▲ 0.08 (1.39%)
MLCF 62.50 Increased By ▲ 0.17 (0.27%)
OGDC 212.00 Decreased By ▼ -0.02 (-0.01%)
PACE 6.03 Increased By ▲ 0.56 (10.24%)
PAEL 47.20 Increased By ▲ 0.13 (0.28%)
PIAHCLA 17.87 Decreased By ▼ -0.21 (-1.16%)
PIBTL 10.69 Decreased By ▼ -0.17 (-1.57%)
POWER 12.28 Increased By ▲ 0.02 (0.16%)
PPL 171.90 Increased By ▲ 0.62 (0.36%)
PRL 36.36 Increased By ▲ 0.48 (1.34%)
PTC 23.65 Increased By ▲ 0.29 (1.24%)
SEARL 96.49 Decreased By ▼ -0.47 (-0.48%)
SSGC 41.90 Increased By ▲ 0.19 (0.46%)
SYM 14.52 Increased By ▲ 0.37 (2.61%)
TELE 7.35 Increased By ▲ 0.25 (3.52%)
TPLP 10.22 Increased By ▲ 0.26 (2.61%)
TRG 63.44 Decreased By ▼ -0.45 (-0.7%)
WAVESAPP 10.09 Increased By ▲ 0.07 (0.7%)
WTL 1.34 Increased By ▲ 0.01 (0.75%)
YOUW 3.82 Increased By ▲ 0.10 (2.69%)
BR100 12,532 Increased By 84.7 (0.68%)
BR30 38,025 Increased By 105.6 (0.28%)
KSE100 117,273 Increased By 883.2 (0.76%)
KSE30 36,042 Increased By 345.5 (0.97%)
Apr 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-08-18
'Big blow' as India's Paes pulls out of Asiad tennis

'Big blow' as India's Paes pulls out of Asiad tennis

Five-time gold medallist Leander Paes has pulled out of the Asian Games in a row over his doubles partner, dealing a heavy blow to India's tennis hopes. Paes, who has 18 Grand Slam doubles titles and eight Asian Games medals in all, had been paired with S
Published 18 Aug, 2018 12:00am
Government urged to declare export emergency

Government urged to declare export emergency

Chief Coordinator Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Ijaz A Khokhar on Friday said business community was making hectic efforts to enhance export volume despite certain serious constrains. The exporters and manufa
Published 18 Aug, 2018 12:00am
SAVDEX-2018 attracts local, foreign visitors

SAVDEX-2018 attracts local, foreign visitors

Suppliers and Vendors Defence Exhibition (SAVDEX-2018) on its second day on Friday remained great attraction for local and foreign visitors. Various public and private defence manufacturers displayed their state-of-the-art product/equipment at over 250 st
Published 18 Aug, 2018 12:00am
BoP profit rises to 61 percent in 1H of 2018

BoP profit rises to 61 percent in 1H of 2018

A meeting of the Board of Directors of The Bank of Punjab was held on August 17, 2018 to consider and approve un-audited Financial Statements of the Bank for the half year ended June 30, 2018.
Published 18 Aug, 2018 12:00am
BoP profit rises to 61 percent in 1H of 2018

BoP profit rises to 61 percent in 1H of 2018

A meeting of the Board of Directors of The Bank of Punjab was held on August 17, 2018 to consider and approve un-audited Financial Statements of the Bank for the half year ended June 30, 2018.
Published 18 Aug, 2018 12:00am
Sidhu arrives in Lahore

Sidhu arrives in Lahore

Terming the change in Pakistan's political scenario as a special moment, former Indian cricketer-turned-politician Navjot Singh Sidhu said that he had come to Pakistan with a message of love, adding that he considered these moments very special as a chang
Published 18 Aug, 2018 12:00am
Fire breaks out at Registrar office

Fire breaks out at Registrar office

A fire broke out at Registrar office of the Punjab Cooperative Societies located at The Road on Friday morning. The blaze which erupted on sixth floor of the building was extinguished after two hours of rescue operation. According to rescuers, over a doze
Published 18 Aug, 2018 12:00am
Polyester prices: APTMA slams unprecedented hike
Cotton

Polyester prices: APTMA slams unprecedented hike

A meeting of textile mills that use polyester fibre as basic raw material was held in All Pakistan Textile Mills Association (APTMA) on Friday to consider the market situation. Great dismay was shown over the unsustainable hike in prices of polyester stap
Published 18 Aug, 2018 12:00am
PML-Q lauds performance of Punjab caretaker government

PML-Q lauds performance of Punjab caretaker government

President Pakistan Muslim League-Q and former Prime Minister Ch Shujat Hussain and the newly elected speaker Punjab Assembly Ch Parvez Elahi have lauded performance of the care-taker Punjab government on successfully holding of impartial elections in the
Published 18 Aug, 2018 12:00am
Body formed to formulate Punjab's first antibiotics policy

Body formed to formulate Punjab's first antibiotics policy

In a bid to formulate the Punjab's first antibiotics policy, that would propose guidelines to tackle the misuse of antibiotics, the University of Health Sciences (UHS) has formed a working group of experts.
Published 18 Aug, 2018 12:00am
ICMAP, EFP join hand to promote industry, academia linkages

ICMAP, EFP join hand to promote industry, academia linkages

Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan) and the Employers' Federation of Pakistan (EFP) have joined hands to collaborate with each other and to promote industry-academia linkages to prepare management accounting profession
Published 18 Aug, 2018 12:00am
BankIslami celebrates Independence Day

BankIslami celebrates Independence Day

As Pakistan celebrates its 71 years of independence, BankIslami Pakistan Ltd, one of the leaders of Islamic Banking in Pakistan, has given a meaningful spin to the Independence Day celebrations through its 'Plantation for the Nation' campaign where bank's
Published 18 Aug, 2018 12:00am
KE holds tree plantation at St Patrick's Cathedral

KE holds tree plantation at St Patrick's Cathedral

Under its Plant for Pakistan initiative which emphasizes environmental sustainability through tree plantation, K-Electric organized a tree plantation drive at St. Patrick's Cathedral, with the newly-appointed Cardinal, His Eminence Joseph Coutts, in atten
Published 18 Aug, 2018 12:00am
KMBL celebrates 18 years of microfinance excellence

KMBL celebrates 18 years of microfinance excellence

Pakistan's largest microfinance bank, Khushhali Microfinance Bank (KMBL) celebrated its 18th anniversary on August 11, 2018. Inaugurated in 2000, Khushhali Microfinance Bank operates through a network of 158 branches and 28 service centres across Pakistan
Published 18 Aug, 2018 12:00am
Imran's children will not attend oath-taking ceremony

Imran's children will not attend oath-taking ceremony

The children of Prime Minister-elect Imran Khan will not be attending the oath taking ceremony of their father, which is set to take place today (Saturday) at the President House.
Published 18 Aug, 2018 12:00am
Shujaat, Elahi felicitate Imran

Shujaat, Elahi felicitate Imran

Pakistan Muslim League -Q (PML) President and former Prime Minister Ch Shujaat Hussain and Speaker Punjab Assembly Ch Parvez Elahi have heartily felicitated Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on being elected as the Prime Minister of Pakis
Published 18 Aug, 2018 12:00am
KAYA the band releases their single 'Tera Des'

KAYA the band releases their single 'Tera Des'

EMI Pakistan has released KAYA the band's latest music video called Tera Des. Tera Des was released as Pakistan geared up to celebrate its 71st Independence Day. The song focuses on Pakistani's who are away from home.
Published 18 Aug, 2018 12:00am
CoAS hosts banquet dinner in honour of leading Christian clergy

CoAS hosts banquet dinner in honour of leading Christian clergy

Chief of Army Staff General Qamar Javed Bajwa (CoAS) hosted a banquet dinner in the honour of leading Christian clergy in Pakistan. The dinner was attended, among others, by Cardinal Joseph Coutts and Right Reverend Humphrey Sarfraz Peter, according to me
Published 18 Aug, 2018 12:00am
Parliament Lodges: probe into allegation of alcohol drinking ordered

Parliament Lodges: probe into allegation of alcohol drinking ordered

A sub-committee of Senate House Committee on Friday directed an inquiry into the allegations of alcohol drinking and other immoral activities in Parliament Lodges. The sub-committee of the Senate House Committee met with its Convener Senator Kalsoom Perve
Published 18 Aug, 2018 12:00am
Bank AL Habib declares first half pre-tax profit of Rs 7.08 billion

Bank AL Habib declares first half pre-tax profit of Rs 7.08 billion

The Board of Directors of Bank AL Habib Limited (the Bank) announced the financial results of the Bank for the half year ended 30 June, 2018. As per the results, the Bank declared pre-tax profit of Rs 7.08 billion for the half year ended 30 June, 2018 as
Published 18 Aug, 2018 12:00am
Bank AL Habib declares first half pre-tax profit of Rs 7.08 billion

Bank AL Habib declares first half pre-tax profit of Rs 7.08 billion

The Board of Directors of Bank AL Habib Limited (the Bank) announced the financial results of the Bank for the half year ended 30 June, 2018. As per the results, the Bank declared pre-tax profit of Rs 7.08 billion for the half year ended 30 June, 2018 as
Published 18 Aug, 2018 12:00am
Corporate sector: 'SECP determines to create conducive environment'

Corporate sector: 'SECP determines to create conducive environment'

"The economic growth of the country is dependent on the inflows of foreign capital from international corporate sector and the SECP is keen to accommodate international companies through liberalization of stringent restrictions. In the past as well, the S
Published 18 Aug, 2018 12:00am
Khaadi to donate 50 percent of 14th August's sales to dams

Khaadi to donate 50 percent of 14th August's sales to dams

Khaadi has announced to Khaadi to donate 50 percent of Independence Day 14th August's sales to dams. The announcement was made at the company's 14th August celebration "As long as Khaadi exists, 14th August sales will go back to Pakistan" "said Khaadi's f
Published 18 Aug, 2018 12:00am
JBS initiates drive to make Pakistan green

JBS initiates drive to make Pakistan green

Jaffer Business Systems (JBS) has started the drive to make Pakistan Green. On the occasion of our 71st Independence Day, as part of its CSR, JBS has gifted thousands of marigold flower seeds to its customers along with a greeting card to spread greenery
Published 18 Aug, 2018 12:00am
'China to work with Imran Khan with same spirit, zeal'

'China to work with Imran Khan with same spirit, zeal'

State Counsellor and Foreign Minister Wang Yi has assured that China will work with Prime Minister Imran Khan with same spirit and zeal, taking all-round their strategic partnership to a new height. He held out this assurance while talking with the Pakist
Published 18 Aug, 2018 12:00am
No loadshedding on Eid holidays: Lesco

No loadshedding on Eid holidays: Lesco

The Lahore Electric Supply Company (LESCO) has announced zero loadshedding during the Eid holidays. The Company spokesman said the Company would not observe loadshedding from 21st of August to 23rd of August. Further, he said special teams have been const
Published 18 Aug, 2018 12:00am
Bangladesh leads India, Pakistan in tax receipts, development spending

Bangladesh leads India, Pakistan in tax receipts, development spending

Bangladesh leads both India and Pakistan in terms of tax receipts as well development spending, said tax experts. An interesting study on regional comparative national budget suggests that Bangladesh received 64.1 percent in the shape of tax receipts agai
Published 18 Aug, 2018 12:00am
Steps taken to improve healthcare sector: Askari

Steps taken to improve healthcare sector: Askari

The interim chief minister Punjab Dr Hasan Askari on Friday said that necessary steps have been taken by the caretaker setup for improving the healthcare sector and to provide best medical facilities to the people.
Published 18 Aug, 2018 12:00am
Need for autonomy of PBS underlined

Need for autonomy of PBS underlined

The need for an autonomous and independent Pakistan Bureau of Statistics (PBS) has been emphasized to ensure credible economic data for future planning and policymaking of the country. This was underlined during a meeting of Senate Committee on Statistics
Published 18 Aug, 2018 12:00am
SMEDA sets up RBC office to facilitate SMEs

SMEDA sets up RBC office to facilitate SMEs

Small and Medium Enterprises Development Authority (SMEDA) has established Regional Business Coordination (RBC) Office at Sarhad Chamber of Commerce and Industry (SCCI) to facilitate visiting SMEs to the trade body. The office was inaugurated by Chief Exe
Published 18 Aug, 2018 12:00am
Speakers for unity, harmony to meet socio-economic challenges

Speakers for unity, harmony to meet socio-economic challenges

Prominent jurists, thinkers, journalists, analysts and academics have stressed the need for unity and harmony among various sections of society to meet the challenges external and internal debt, law and order, increasing poverty, growing population and un
Published 18 Aug, 2018 12:00am
US MIDDAY: gold recovers
Currency

US MIDDAY: gold recovers

Gold recovered some ground on Friday as a weakening US dollar relieved pressure on prices, but the precious metal remained near 19-month lows and looked poised for its biggest weekly drop since May 2017.
Published 18 Aug, 2018 12:00am
US MIDDAY: wheat jumps

US MIDDAY: wheat jumps

US wheat futures jumped to their highest prices in more than a week on Friday, supported by concerns that Russia may consider curbs on grain exports, traders said. Talk of potential limits on shipments from Russia, the world's top wheat exporter, fuelled
Published 18 Aug, 2018 12:00am
Gold rises in Europe
Currency

Gold rises in Europe

Gold recovered some ground on Friday as a weakening US dollar relieved pressure on prices, but the metal remained near 19-month lows and looked set for its biggest weekly fall since May 2017. Gold has tumbled 14 percent from its April high as a rally in t
Published 18 Aug, 2018 12:00am
Gold nudges up in Asia
Currency

Gold nudges up in Asia

Gold eked out small gains in Asian trade on Friday after declining to a 19-month low in the previous session, but the metal remained on track for its biggest weekly decline since mid-2017. Spot gold was up 0.1 percent at $1,175.22 an ounce, as of 0637 GMT
Published 18 Aug, 2018 12:00am
Gold regains strength in New York
Currency

Gold regains strength in New York

Spot gold prices bounced from 19-month lows on Thursday, as the US dollar slipped on news that China and the United States will hold trade talks this month, although sentiment remained negative. Gold futures settled slightly down as the US dollar came off
Published 18 Aug, 2018 12:00am
ICE coffee, raw sugar prices hit 2008 lows
Currency

ICE coffee, raw sugar prices hit 2008 lows

Arabica coffee and raw sugar on ICE Futures US both hit their lowest levels since 2008 on Friday, under pressure as the Brazilian real resumed its retreat against the US dollar and hefty supplies weighed. Cocoa also fell. ICE second-month arabica coffee s
Published 18 Aug, 2018 12:00am
Palm oil jumps to one-week peak
Vegetable Oil

Palm oil jumps to one-week peak

Malaysian palm oil futures rose by more than 1 percent on Friday, tracking strength in related edible oils on the US Chicago Board of Trade and China's Dalian Commodity Exchange. The benchmark palm oil contract for November delivery on the Bursa Malaysia
Published 18 Aug, 2018 12:00am
Tokyo rubber flat

Tokyo rubber flat

Benchmark Tokyo rubber futures ended flat in thin trade on Friday, posting a weekly loss and settling near a 22-month low hit in the previous session, amid lingering worries over the Sino-US trade spat and bearish sentiment in commodities. The Tokyo Commo
Published 18 Aug, 2018 12:00am
Oil rises, but has weekly loss on trade worries

Oil rises, but has weekly loss on trade worries

Crude prices rose on Friday, but declined on the week on worries that oversupply would weigh on the US market while trade disputes and slowing global economic growth would dampen demand for oil. US crude declined for the seventh consecutive week, and glob
Published 18 Aug, 2018 12:00am
Copper posts biggest weekly fall since early July

Copper posts biggest weekly fall since early July

Copper inched lower on Friday, posting its largest weekly fall since early July as strikes, including at the world's largest mine, seemed mostly resolved but a weaker dollar provided some support. Benchmark copper ended 0.2 percent lower at $5,927 per ton
Published 18 Aug, 2018 12:00am
Shanghai zinc stocks slump to 10-year low

Shanghai zinc stocks slump to 10-year low

The Shanghai Futures Exchange added 0.3 percent to 47,850 yuan ($6,950.70) a tonne on Friday as concerns eased about supply disruptions. Deliverable zinc inventories in warehouses monitored by the Shanghai Futures Exchange (ShFE) fell 29.1 percent from th
Published 18 Aug, 2018 12:00am
Macron, Merkel warn of 'humanitarian risks' in Syria's Idlib

Macron, Merkel warn of 'humanitarian risks' in Syria's Idlib

French President Emmanuel Macron and German Chancellor Angela Merkel voiced concern Friday about the humanitarian situation in the rebel-held Syrian region of Idlib, which is shaping up be the country's next big battleground. In a telephone call the two l
Published 18 Aug, 2018 12:00am
Air strikes kill 18 IS fighters in Syria

Air strikes kill 18 IS fighters in Syria

Air strikes on a holdout of the Islamic State group in Syria near the Iraqi border have killed 18 jihadists, including a senior Iraqi commander, a monitor said Friday. Those killed late Thursday in the village of Sousa in the eastern province of Deir Ezzo
Published 18 Aug, 2018 12:00am
US suspends financing for Syria stabilisation projects

US suspends financing for Syria stabilisation projects

The United States said Friday it is suspending $230 million budgeted for stabilisation projects in Syria, citing the aid pledged by other partners in the coalition fighting the Islamic State group. Secretary of State Mike Pompeo has "redirected" the funds
Published 18 Aug, 2018 12:00am
UN invites Yemen government and Huthis to peace talks

UN invites Yemen government and Huthis to peace talks

The United Nations has invited Yemen's government and Iran-backed Huthi rebels to Geneva next month for talks on resolving the country's civil war, a spokeswoman said Friday. "I can confirm that the Office of the Special Envoy sent out invitations to the
Published 18 Aug, 2018 12:00am
North Korea leader lambasts 'brigandish' sanctions

North Korea leader lambasts 'brigandish' sanctions

North Korean leader Kim Jong Un attacked "hostile forces" over "brigandish" sanctions, state media reported on Friday, as Washington seeks to maintain pressure on Pyongyang over its nuclear programme. Kim and US President Donald Trump held a groundbreakin
Published 18 Aug, 2018 12:00am
Nepal crime reform sparks press freedom concerns

Nepal crime reform sparks press freedom concerns

Nepal introduced a new criminal code on Friday that makes sharing confidential information a jailable offence, sparking concerns among journalists that the laws could be used to muzzle the press. Media have warned that the Communist-led government, which
Published 18 Aug, 2018 12:00am
Chinese plane slides off Manila runway causing flight delays

Chinese plane slides off Manila runway causing flight delays

A Chinese passenger jet slid off the runway as it landed at Manila airport in torrential rain forcing dozens of flight cancellations on Friday, as engineers struggled to remove the stricken aircraft. The Xiamen Airlines plane, carrying 157 passengers and
Published 18 Aug, 2018 12:00am
Saudi Arabia pledge $100 million to rebuild Syria's northeast

Saudi Arabia pledge $100 million to rebuild Syria's northeast

Saudi Arabia on Friday pledged $100 million to reconstruct areas of northeastern Syria formerly held by the Islamic State group, in a move sharply criticised by President Bashar al-Assad's regime. The kingdom said the 88-million-euro contribution would go
Published 18 Aug, 2018 12:00am
Fake bomb scare forced plane to make emergency landing on Crete

Fake bomb scare forced plane to make emergency landing on Crete

A bomb scare that forced a German passenger jet carrying 250 people to make an emergency landing on the Greek island of Crete was false, local police said Friday. The plane took off from the Egyptian Red Sea resort of Hurghada on Thursday and was en route
Published 18 Aug, 2018 12:00am
US sanctions Myanmar military commanders

US sanctions Myanmar military commanders

The US government on Friday hit four Myanmar military commanders and two military units with punitive sanctions, accusing them of "serious human rights abuses" and "ethnic cleansing" in violently expelling minority Rohingya from their homes. Military and
Published 18 Aug, 2018 12:00am
New York University makes tuition free for all medical students

New York University makes tuition free for all medical students

New York University said Thursday it would offer all its current and future medical school students free tuition in an effort to tackle soaring debt levels and encourage more applicants. The move - which it said was financed by the generosity of the unive
Published 18 Aug, 2018 12:00am
Muslim couple denied Swiss citizenship over handshake refusal

Muslim couple denied Swiss citizenship over handshake refusal

The Swiss city of Lausanne has blocked a Muslim couple's bid to become Swiss nationals over their refusal to shake hands with members of the opposite sex. The municipality said it refused to grant the couple's citizenship application over their lack of re
Published 18 Aug, 2018 12:00am
Sterling bounces off 14-month lows
Currency

Sterling bounces off 14-month lows

The British pound inched higher on Friday as the dollar fell across the board, and some traders saw a buying opportunity after data this week pointed to the UK economy holding up relatively well. Worries about whether Britain can agree a trade deal with t
Published 18 Aug, 2018 12:00am
Aussie, kiwi down
Currency

Aussie, kiwi down

The Australian and New Zealand dollars held above recent lows on Friday as China sought to stabilise its yuan and strains in emerging markets eased for a moment, though risks still looked to be loaded to the downside. The Aussie dollar edged up to $0.7270
Published 18 Aug, 2018 12:00am
Asia forex: most Asian currencies extend lira relief rally
Currency

Asia forex: most Asian currencies extend lira relief rally

Most Asian currencies firmed on Friday as the Turkish lira recovered and investors scanned the horizon for cues from Sino-US negotiations. News of proposed negotiations between Beijing and Washington lifted spirits in what has been a grim week for regiona
Published 18 Aug, 2018 12:00am
Sri Lankan rupee weakens

Sri Lankan rupee weakens

The Sri Lankan rupee closed weaker and near its all-time low on Friday due to importer dollar demand and foreign outflows from equities and government securities, dealers said. Absence of dollar conversions by exporters and remittances also pushed the rup
Published 18 Aug, 2018 12:00am
Dollar dips, yuan rises in New York

Dollar dips, yuan rises in New York

The US dollar slipped below a 13-1/2 month peak on Thursday, while the Chinese yuan recovered from its weakest level since January 2017 on news China and the United States will hold a new round of trade talks later this month. The development between the
Published 18 Aug, 2018 12:00am
Early trade in New York: dollar falls against basket of peers
Currency

Early trade in New York: dollar falls against basket of peers

The dollar fell against a basket of peers on Friday, amid lower demand for the safe-haven greenback, as traders hoped next week's trade talks between the United States and China would ease tensions between the two countries. Easing worries over the fallou
Published 18 Aug, 2018 12:00am
Euro nudges higher in European trade
Currency

Euro nudges higher in European trade

The euro rose for a second day in a row on Friday as hopes that next week's talks between the United States and China will ease trade tensions between the two limited dollar demand, although a fresh dive in the Turkish lira kept investors edgy.
Published 18 Aug, 2018 12:00am
Dollar dips in Asia
Currency

Dollar dips in Asia

The dollar stepped back from 13-1/2-month highs against other major currencies on Friday as talks next week between China and the United States offered some hope that the world's two largest economies will find a way to head off a full-blown trade war. Th
Published 18 Aug, 2018 12:00am
Eurozone trade surplus falls by less than expected
Currency

Eurozone trade surplus falls by less than expected

The eurozone's surplus for goods traded with the rest of the world fell by less than forecast in June, European statistics office Eurostat said on Thursday, suggesting the bloc may be weathering international trade frictions better than expected.
Published 18 Aug, 2018 12:00am
Canadian inflation surges, boosts chances of September rate hike

Canadian inflation surges, boosts chances of September rate hike

Canada's annual inflation rate surged to 3.0 percent in July, its highest level in nearly seven years, raising expectations that the Bank of Canada might raise interest rates again as soon as next month and pushing the Canadian dollar higher.
Published 18 Aug, 2018 12:00am
Taiwan nudges up growth outlook, sees slower pace next year

Taiwan nudges up growth outlook, sees slower pace next year

Export-reliant Taiwan raised its 2018 economic growth forecast on Friday for the third time this year, despite worries about global trade frictions and softening demand for its hi-tech gadgets. The statistics agency raised its full-year outlook to 2.69 pe
Published 18 Aug, 2018 12:00am
British public don't trust banks 10 years after crisis: survey

British public don't trust banks 10 years after crisis: survey

A majority of Britons do not trust banks and think they did not face severe enough penalties for their part in the 2008 financial crisis, a survey showed on Thursday. Next month will mark the tenth anniversary of the collapse of investment bank Lehman Bro
Published 18 Aug, 2018 12:00am
Telstra flags tough times as profit slides

Telstra flags tough times as profit slides

Australia's dominant telecommunications company Telstra Thursday warned of "enormous challenges" ahead as it posted an 8.9 percent slump in annual profit. Its net result in the year to June 30 fell to Aus$3.52 billion (US$2.54 billion), while revenue was
Published 18 Aug, 2018 12:00am
Telstra flags tough times as profit slides

Telstra flags tough times as profit slides

Australia's dominant telecommunications company Telstra Thursday warned of "enormous challenges" ahead as it posted an 8.9 percent slump in annual profit. Its net result in the year to June 30 fell to Aus$3.52 billion (US$2.54 billion), while revenue was
Published 18 Aug, 2018 12:00am
England recall Stokes for third Test against India

England recall Stokes for third Test against India

England have recalled Ben Stokes to their starting XI for the third Test against India at Trent Bridge just 72 hours after he was cleared in a trial for affray, captain Joe Root announced Friday.
Published 18 Aug, 2018 12:00am
Kohli urges India to embrace 'backs to the wall' mentality

Kohli urges India to embrace 'backs to the wall' mentality

India captain Virat Kohli said "the only option is to win this game" as he urged his side to make a virtue of their dire position heading into the third Test against England. The tourists will start Saturday's fixture at Nottingham's Trent Bridge 2-0 down
Published 18 Aug, 2018 12:00am
Pakistan squash team leaves for Asian Games

Pakistan squash team leaves for Asian Games

Game Development Officer of Pakistan Squash Federation Flt Lieutenant Aamir Iqbal on Friday said that 11 members Pakistan squash team left for the forthcoming 18th Asian Games to be commencing from August 18 to September 2, 2018 at Jakarta, Indonesia.
Published 18 Aug, 2018 12:00am
Breathe the life, live

Breathe the life, live

Life; a bitter reality and an even bitter lie! Each one of us goes through the exact same phase. You may be a one in 4 trillion chances of life but you are exactly like those trillions. We are making a fool of ourselves daily. Some wear a mask of richness
Published 18 Aug, 2018 12:00am
Threat from on high: race on to bolster drone defences

Threat from on high: race on to bolster drone defences

From hand-held copters that zoom around the living room to high-speed craft offering the sensation of flying over the countryside, drones have won over legions of fans - and are proving a growing challenge for security authorities. Experts say models read
Published 18 Aug, 2018 12:00am
Physician burnout a key driver of medical errors

Physician burnout a key driver of medical errors

Burned-out doctors are more likely to make major medical errors, regardless of workplace safety measures, new research shows. "Just trying to fix the setting of health care environments in order to prevent errors is not sufficient. We also need to address
Published 18 Aug, 2018 12:00am
ART FACTS: Imbued with design and culture

ART FACTS: Imbued with design and culture

Imbued with design and culture the two person show at Canvas Gallery, Karachi attracted the art lover's attention. The artworks were visually appealing and symbolically derived from different aspects of life. Both the artists Affan Baghpati and Raheela Ab
Published 18 Aug, 2018 12:00am
Ambiguous response

Ambiguous response

All the artworks were ambiguous and open-ended in a group exhibition titled "Ever Let the Fancy Roam", at Chawkandi Art Gallery, Karachi. While going through the paintings one feel that each work has its own narrative and it was on the viewer's judgement
Published 18 Aug, 2018 12:00am
Chile's rock art llamas divulge secrets of ancient desert culture

Chile's rock art llamas divulge secrets of ancient desert culture

Open air rock paintings in the world's driest desert pay testament to the importance of the llama to millennia-old cultures that traversed the inhospitable terrain. Conservationists working in Chile's Atacama Desert want UNESCO to recognize the Taira Vall
Published 18 Aug, 2018 12:00am
Eid special Qeema delicacies
Vegetable Oil

Eid special Qeema delicacies

Eid feast is incomplete without minced meat. Meat in mince form can be used to make variety of dishes. On the occasion of Eid, women prepare several dishes with mined meat or qeema and treat their family members, relatives, and friends. According to a res
Published 18 Aug, 2018 12:00am
Madonna still shocks at 60

Madonna still shocks at 60

Whether by brazenly injecting sex in the public sphere, adopting gay subculture for mainstream audiences or becoming the top-selling female musician of all time, Madonna has asserted an incalculable influence. The pop superstar turned 60 on August 16 and
Published 18 Aug, 2018 12:00am
'Skyscraper' towers over summer schedule of sequels

'Skyscraper' towers over summer schedule of sequels

A glance through the summer movie schedules reveals one rather depressing common denominator: every single big budget release is a sequel apart from one. Dwayne Johnson cuts a solitary figure in that all-important late May to early August period when movi
Published 18 Aug, 2018 12:00am
Like 'The Wife,' Glenn Close says she's a late bloomer

Like 'The Wife,' Glenn Close says she's a late bloomer

Glenn Close may be known for playing strong, often ruthless women, but like her long subdued character in "The Wife" she says she's only just starting to feel comfortable in her own skin. Close plays Joan, the self-effacing spouse of a successful novelist
Published 18 Aug, 2018 12:00am
BRIDGE NOTES: Finding the Evidence

BRIDGE NOTES: Finding the Evidence

Bridge has its own techniques to handle certain situations where a judgment is called for. Of all the several techniques ranging from the sophisticated trump coup to the several end play situations, counting technique is perhaps the earliest and yet often
Published 18 Aug, 2018 12:00am
The name's Idris: actor Elba fuels Bond speculation

The name's Idris: actor Elba fuels Bond speculation

British actor Idris Elba fuelled speculation on Sunday that he may be named the first black James Bond, with a cryptic tweet. "My name's Elba, Idris Elba," he tweeted, echoing the super spy's famous catchline, "The name is Bond, James Bond."
Published 18 Aug, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 18 Aug, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 18 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 18 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 18 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 Friday (August 17, 2018).

Published 18 Aug, 2018 12:00am
Previous Day