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Print - 2018-09-11
Half of US foreign profits booked in tax havens: paper

Half of US foreign profits booked in tax havens: paper

About half of all the foreign profits of US multinationals are booked in tax havens with Ireland topping the charts as the favorite, according to a new economic study on Monday. And the benefits for the increase in profits have gone to shareholders, the p
Published 11 Sep, 2018 12:00am
Half of US foreign profits booked in tax havens: paper

Half of US foreign profits booked in tax havens: paper

About half of all the foreign profits of US multinationals are booked in tax havens with Ireland topping the charts as the favorite, according to a new economic study on Monday. And the benefits for the increase in profits have gone to shareholders, the p
Published 11 Sep, 2018 12:00am
Nepra allows Rs 4 per unit raise in Discos'' tariff

Nepra allows Rs 4 per unit raise in Discos'' tariff

The National Electric Power Regulatory Authority (Nepra) has allowed an increase of Rs 4 per unit in Distribution Companies (Discos) power tariff for 2017-18 of which around Rs 2 per unit is Prior Year Adjustment (PYA). This increase will be applicable to
Published 11 Sep, 2018 12:00am
Nepra allows Rs 4 per unit raise in Discos' tariff

Nepra allows Rs 4 per unit raise in Discos' tariff

The National Electric Power Regulatory Authority (Nepra) has allowed an increase of Rs 4 per unit in Distribution Companies (Discos) power tariff for 2017-18 of which around Rs 2 per unit is Prior Year Adjustment (PYA). This increase will be applicable to
Published 11 Sep, 2018 12:00am
Nepra allows Rs 4 per unit raise in Discos' tariff

Nepra allows Rs 4 per unit raise in Discos' tariff

The National Electric Power Regulatory Authority (Nepra) has allowed an increase of Rs 4 per unit in Distribution Companies (Discos) power tariff for 2017-18 of which around Rs 2 per unit is Prior Year Adjustment (PYA). This increase will be applicable to
Published 11 Sep, 2018 12:00am
Saudi royal says jewels stolen at Paris Ritz

Saudi royal says jewels stolen at Paris Ritz

A member of the Saudi royal family has reported the theft of hundreds of thousands of euros' worth of jewellery from her hotel room at the Ritz hotel in Paris, police sources said Monday.
Published 11 Sep, 2018 12:00am
Saudi royal says jewels stolen at Paris Ritz

Saudi royal says jewels stolen at Paris Ritz

A member of the Saudi royal family has reported the theft of hundreds of thousands of euros' worth of jewellery from her hotel room at the Ritz hotel in Paris, police sources said Monday.
Published 11 Sep, 2018 12:00am
Identity of HME: Prosecution witness talks of 'source document'

Identity of HME: Prosecution witness talks of 'source document'

Key prosecution witness and head of joint investigation team that probed the Panama Papers case, Wajid Zia on Monday said that JIT has a source document which shows Hill Metals Establishment (HME) as a company. While testifying before the Accountability C
Published 11 Sep, 2018 12:00am
Identity of HME: Prosecution witness talks of 'source document'

Identity of HME: Prosecution witness talks of 'source document'

Key prosecution witness and head of joint investigation team that probed the Panama Papers case, Wajid Zia on Monday said that JIT has a source document which shows Hill Metals Establishment (HME) as a company. While testifying before the Accountability C
Published 11 Sep, 2018 12:00am
Launch of Askari Life Assurance Co Limited

Launch of Askari Life Assurance Co Limited

Army Welfare Trust acquired East West Life Insurance company in late 2017 to capitalize on the growth in the insurance sector and introduce latest products; delivering attractive investment returns and swift claims settlement for the betterment of custome
Published 11 Sep, 2018 12:00am
Engro Foods participates in 'Food Safety & Nutrition' seminar

Engro Foods participates in 'Food Safety & Nutrition' seminar

Engro Foods Limited participated in a resourceful seminar on Food Safety and Nutritional Policies, to enrich the discussions with its valuable experience as a leading provider of dairy products in Pakistan. The event held at the Institute of Agricultural
Published 11 Sep, 2018 12:00am
NA-247 Karachi: ECP announces by-election schedule

NA-247 Karachi: ECP announces by-election schedule

The Election Commission of Pakistan (ECP) on Monday released the schedule for the by-election on the National Assembly seat vacated by President Dr Arif Alvi. The provincial election commissioner Sindh has appointed Hyderabad election commissioner Imtiaz
Published 11 Sep, 2018 12:00am
PTI government pushed country into crisis within no time: Fazl

PTI government pushed country into crisis within no time: Fazl

Jamiat Ulema-e-Islam-Fazl (JUI-F) emir, Maulana Fazlur Rahman has said that the new government led by Pakistan Tehreek-e-Insaf (PTI) has pushed the country into crisis within no time, regretting that for the first time Pakistan has neglected the Kashmir i
Published 11 Sep, 2018 12:00am
Ashura on September 21

Ashura on September 21

The Central Ruet-e-Hilal Committee, presided over by its Chairman Mufti Muneeb-ur-Rehman announced on Monday that the Muharram-ul-Haram moon has not been sighted. The 10th of Muharram will consequently be observed on September 21 (Friday). The moon sighti
Published 11 Sep, 2018 12:00am
Ashura on September 21

Ashura on September 21

The Central Ruet-e-Hilal Committee, presided over by its Chairman Mufti Muneeb-ur-Rehman announced on Monday that the Muharram-ul-Haram moon has not been sighted. The 10th of Muharram will consequently be observed on September 21 (Friday). The moon sighti
Published 11 Sep, 2018 12:00am
Pakistan ranked third largest fiscal deficit country among 36 economies

Pakistan ranked third largest fiscal deficit country among 36 economies

Pakistan was ranked the third largest fiscal deficit country among 36 economies in Asia and the Pacific with 5.8 percent of GDP, according to the Asian Development Bank (ADB). ADB in its latest report titled "Key Indicators for Asia and the Pacific 2018",
Published 11 Sep, 2018 12:00am
Pakistan ranked third largest fiscal deficit country among 36 economies

Pakistan ranked third largest fiscal deficit country among 36 economies

Pakistan was ranked the third largest fiscal deficit country among 36 economies in Asia and the Pacific with 5.8 percent of GDP, according to the Asian Development Bank (ADB). ADB in its latest report titled "Key Indicators for Asia and the Pacific 2018",
Published 11 Sep, 2018 12:00am
Pakistan ranked third largest fiscal deficit country among 36 economies

Pakistan ranked third largest fiscal deficit country among 36 economies

Pakistan was ranked the third largest fiscal deficit country among 36 economies in Asia and the Pacific with 5.8 percent of GDP, according to the Asian Development Bank (ADB). ADB in its latest report titled "Key Indicators for Asia and the Pacific 2018",
Published 11 Sep, 2018 12:00am
The Weather

The Weather

The weather report on Monday (September 10, 2018) and the forecast for Tuesday (September 11, 2018).

Published 11 Sep, 2018 12:00am
Offices shut in fuel price protests in India
Currency

Offices shut in fuel price protests in India

Nationwide protests against record high petrol and diesel prices shut down businesses, government offices and schools in many parts of India on Monday, and in some places protesters blocked trains and roads and vandalised vehicles.
Published 11 Sep, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (September 10, 2018).

Published 11 Sep, 2018 12:00am
Offices shut in fuel price protests in India
Currency

Offices shut in fuel price protests in India

Nationwide protests against record high petrol and diesel prices shut down businesses, government offices and schools in many parts of India on Monday, and in some places protesters blocked trains and roads and vandalised vehicles.
Published 11 Sep, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (September 10, 2018).

Published 11 Sep, 2018 12:00am
Offices shut in fuel price protests in India
Currency

Offices shut in fuel price protests in India

Nationwide protests against record high petrol and diesel prices shut down businesses, government offices and schools in many parts of India on Monday, and in some places protesters blocked trains and roads and vandalised vehicles.
Published 11 Sep, 2018 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 11 Sep, 2018 12:00am
Revenue measures: Government appears to be working harder

Revenue measures: Government appears to be working harder

The government is reportedly giving final touches to revenue enhancement measures to be presented before the federal cabinet and National Assembly in a few days, aimed at rationalizing federal budget 2018-19, well-informed sources in Finance Ministry told
Published 11 Sep, 2018 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 11 Sep, 2018 12:00am
Revenue measures: Government appears to be working harder

Revenue measures: Government appears to be working harder

The government is reportedly giving final touches to revenue enhancement measures to be presented before the federal cabinet and National Assembly in a few days, aimed at rationalizing federal budget 2018-19, well-informed sources in Finance Ministry told
Published 11 Sep, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (September 10, 2018).

Published 11 Sep, 2018 12:00am
Revenue measures: Government appears to be working harder

Revenue measures: Government appears to be working harder

The government is reportedly giving final touches to revenue enhancement measures to be presented before the federal cabinet and National Assembly in a few days, aimed at rationalizing federal budget 2018-19, well-informed sources in Finance Ministry told
Published 11 Sep, 2018 12:00am
ECC urea import decision entails big subsidy

ECC urea import decision entails big subsidy

The Econ-omic Coordination Committee (ECC) of the Cabinet has decided to import 100,000 tons of urea and provide Rs 960 per bag subsidy; however, the decision regarding increase in gas price was put off for the second consecutive meeting.
Published 11 Sep, 2018 12:00am
ECC urea import decision entails big subsidy

ECC urea import decision entails big subsidy

The Econ-omic Coordination Committee (ECC) of the Cabinet has decided to import 100,000 tons of urea and provide Rs 960 per bag subsidy; however, the decision regarding increase in gas price was put off for the second consecutive meeting.
Published 11 Sep, 2018 12:00am
ECC urea import decision entails big subsidy

ECC urea import decision entails big subsidy

The Econ-omic Coordination Committee (ECC) of the Cabinet has decided to import 100,000 tons of urea and provide Rs 960 per bag subsidy; however, the decision regarding increase in gas price was put off for the second consecutive meeting.
Published 11 Sep, 2018 12:00am
BRIndex100 drops 18.39 points

BRIndex100 drops 18.39 points

Pakistan Stock Exchange witnessed a bearish trend on the first day of the week due to selling in various sectors. BRIndex100 lost 18.39 points or 0.42 percent to close at 4,371.11 points on Monday. BRIndex100 touched intraday high of 4,390.04 and intraday
Published 11 Sep, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (September 10, 2018)

Published 11 Sep, 2018 12:00am
BRIndex100 drops 18.39 points

BRIndex100 drops 18.39 points

Pakistan Stock Exchange witnessed a bearish trend on the first day of the week due to selling in various sectors. BRIndex100 lost 18.39 points or 0.42 percent to close at 4,371.11 points on Monday. BRIndex100 touched intraday high of 4,390.04 and intraday
Published 11 Sep, 2018 12:00am
BRIndex100 drops 18.39 points

BRIndex100 drops 18.39 points

Pakistan Stock Exchange witnessed a bearish trend on the first day of the week due to selling in various sectors. BRIndex100 lost 18.39 points or 0.42 percent to close at 4,371.11 points on Monday. BRIndex100 touched intraday high of 4,390.04 and intraday
Published 11 Sep, 2018 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (September 10, 2018).

Published 11 Sep, 2018 12:00am
Army too supports CJ's dam initiative

Army too supports CJ's dam initiative

Chief of Army Staff General Qamar Javed Bajwa on Monday met with Chief Justice Mian Saqib Nisar here at the Supreme Court building and presented a cheque of Rs 1,005.919 million as donation for Diamer-Bhasha and Mohmand Dams Fund.
Published 11 Sep, 2018 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (September 10, 2018).

Published 11 Sep, 2018 12:00am
Army too supports CJ's dam initiative

Army too supports CJ's dam initiative

Chief of Army Staff General Qamar Javed Bajwa on Monday met with Chief Justice Mian Saqib Nisar here at the Supreme Court building and presented a cheque of Rs 1,005.919 million as donation for Diamer-Bhasha and Mohmand Dams Fund.
Published 11 Sep, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 10, 2018).

Published 11 Sep, 2018 12:00am
Escalating US-China trade dispute hits copper prices
Currency

Escalating US-China trade dispute hits copper prices

Copper prices fell on Monday after US President Donald Trump threatened to impose tariffs on virtually all Chinese imports into the United States, escalating the trade dispute and stoking fears of weaker demand for industrial metals.
Published 11 Sep, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 10, 2018).

Published 11 Sep, 2018 12:00am
Iraq replaces Saudi Arabia as top oil supplier to India

Iraq replaces Saudi Arabia as top oil supplier to India

Iraq replaced Saudi Arabia in August as the top oil supplier to India, data from industry and shipping sources showed, as refiners turned to Iraqi barrels to compensate for a lower intake of Iranian oil ahead of US sanctions in November.
Published 11 Sep, 2018 12:00am
Oil pulls back on concerns US inventories building

Oil pulls back on concerns US inventories building

Oil prices were mixed on Monday, pulling back from an early rally after data suggested US crude inventories might build, weighing on the market. Traders said weekly data from Bloomberg suggested US oil inventories are rising, contradicting an earlier repo
Published 11 Sep, 2018 12:00am
Tokyo rubber ends flat

Tokyo rubber ends flat

Benchmark Tokyo rubber futures ended flat after falling earlier in the session on Monday, as weak fundamentals continued to weigh on prices. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, extended losses
Published 11 Sep, 2018 12:00am
THE RUPEE: weak trend
Currency

THE RUPEE: weak trend

An easier trend persisted on the local money market on Monday as the rupee tended lower in relation to the dollar in process of trading, dealers said. The rupee did not show any change versus the US currency for buying and selling at Rs 124.24 and Rs 124.
Published 11 Sep, 2018 12:00am
THE RUPEE: weak trend
Currency

THE RUPEE: weak trend

An easier trend persisted on the local money market on Monday as the rupee tended lower in relation to the dollar in process of trading, dealers said. The rupee did not show any change versus the US currency for buying and selling at Rs 124.24 and Rs 124.
Published 11 Sep, 2018 12:00am
Russian deputy PM sees grain exports at 30 million tonnes

Russian deputy PM sees grain exports at 30 million tonnes

Russia is expected to harvest 105 million tonnes of grain, leaving 30 million tonnes available for export in the 2018/19 marketing season that started on July 1, its deputy prime minister in charge of agriculture said on Monday.
Published 11 Sep, 2018 12:00am
Raw sugar prices hit seven-week high, cocoa rebounds

Raw sugar prices hit seven-week high, cocoa rebounds

Raw sugar futures on ICE climbed to a seven-week high on Monday, boosted by growing belief that the market has bottomed out after a prolonged downtrend, while New York cocoa prices rose for the first time in five sessions.
Published 11 Sep, 2018 12:00am
Gold falls in Asia
Currency

Gold falls in Asia

Gold fell for a second straight session on Monday as expectations of an interest rate hike by the US Federal Reserve in September and fears of an escalation in US-China trade tensions kept the dollar firm.
Published 11 Sep, 2018 12:00am
Gold rises in Europe
Currency

Gold rises in Europe

Gold prices edged higher on Monday as hopes of a swift Brexit deal boosted sterling and the euro against the dollar, making bullion cheaper for buyers in Britain and the euro zone.
Published 11 Sep, 2018 12:00am
US MIDDAY: wheat up

US MIDDAY: wheat up

US wheat futures rose more than 2 percent on Monday on a mix of technical buying after last week's seven-week low and fundamental support from tightening supplies in Australia and Russia, analysts said. Soyabean futures also advanced while corn futures we
Published 11 Sep, 2018 12:00am
US MIDDAY: gold soars

US MIDDAY: gold soars

Gold prices inched higher as hopes of a swift Brexit deal boosted the sterling and the euro against the dollar, making bullion cheaper for buyers in Britain and the euro zone.
Published 11 Sep, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 11 Sep, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 11 Sep, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.

Published 11 Sep, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 11 Sep, 2018 12:00am