News Archives for Print - 2018-09-23

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Print - 2018-09-23

The Weather

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

Published 23 Sep, 2018 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (September 22, 2018).

Published 23 Sep, 2018 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (September 22, 2018).

Published 23 Sep, 2018 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (September 22, 2018).

Published 23 Sep, 2018 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (September 22, 2018).

Published 23 Sep, 2018 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (September 22, 2018).

Published 23 Sep, 2018 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (September 22, 2018).

Published 23 Sep, 2018 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (September 22, 2018).

Published 23 Sep, 2018 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (September 22, 2018)

Published 23 Sep, 2018 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (September 22, 2018).

Published 23 Sep, 2018 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 22, 2018).

Published 23 Sep, 2018 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (September 22, 2018).

Published 23 Sep, 2018 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (September 22, 2018).

Published 23 Sep, 2018 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (September 22, 2018).

Published 23 Sep, 2018 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (September 22, 2018).

Published 23 Sep, 2018 12:00am

Currency

THE RUPEE: firm trend

No major changes were seen on the money market on Saturday as the rupee did not budge any side in relation to the dollar in process of trading, dealers said.

Published 23 Sep, 2018 12:00am

Currency

THE RUPEE: firm trend

No major changes were seen on the money market on Saturday as the rupee did not budge any side in relation to the dollar in process of trading, dealers said.

Published 23 Sep, 2018 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (September 22, 2018).

Published 23 Sep, 2018 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (September 22, 2018).

Published 23 Sep, 2018 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (September 22, 2018).

Published 23 Sep, 2018 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 23 Sep, 2018 12:00am

Asian naphtha cracks fall to three-session low

Asia's naphtha crack eased for the second day, this time by 0.1 percent to reach a three-session low of $96.20 a tonne on Thursday as high supplies dragged. Asia's gasoline crack was also down, touching a 1-1/2 week low of $8.36 a barrel.

Published 23 Sep, 2018 12:00am

Canadian canola futures rise

ICE Canadian canola futures rose on Thursday for a second day, pulled up by strength in soyabeans and soyaoil. Canola lagged soya's gains as the market is "fundamentally weak," a trader said. Statistics Canada on Wednesday estimated canola productions at

Published 23 Sep, 2018 12:00am

CBOT corn futures rise on US export sales

Chicago Board of Trade corn futures climbed nearly 2 percent on Thursday, with the benchmark December contract hitting a one-week top as larger-than-expected weekly export sales and prospects for US harvest delays sparked a round of short-covering, analys

Published 23 Sep, 2018 12:00am

CBOT soyabean futures climb on short covering

Chicago Board of Trade soyabean futures closed higher Thursday as higher-than-expected weekly US export sales data and wetter forecasts for the Midwest sparked a round of short-covering, traders said. CBOT November soyabeans settled up 20-1/4 cents at $8.

Published 23 Sep, 2018 12:00am

Currency

Russian wheat prices up on stronger rouble

Russian wheat export prices rose at the end of last week due to strengthening in the rouble currency and risks related to tougher quality controls at ports, analysts said on Monday. Russia's food safety watchdog beefed up quality controls on grain exports

Published 23 Sep, 2018 12:00am

Shanghai steel rebar prices fall after four-session rally

Prices for Shanghai construction steel rebar slid 1.2 percent on Thursday, following four sessions of gains that were triggered by China's moves to boost infrastructure spending. The most-active rebar contract on the Shanghai Futures Exchange finished dow

Published 23 Sep, 2018 12:00am

Indian rice prices recover; low Thai rates dampen Vietnamese offers

Rice export prices in India recovered this week after demand improved, while rates for the Vietnamese variety eased despite the prospect of orders from typhoon-hit Philippines, as Thai rates were more competitive. Rates for top exporter India's 5 percent

Published 23 Sep, 2018 12:00am

Cotton

Wait-and-see mood seen on cotton market

Buyers kept on the sideline in the absence of motivating factors on the cotton market on Saturday, dealers said. The official spot rate was unchanged at Rs 8200, they added. Prices of seed cotton in Sindh were at Rs 3700-3800, in the Punjab, rates at Rs 3

Published 23 Sep, 2018 12:00am

Vegetable Oil

Palm oil easier on European vegoils market

Palm oil on the European vegetable oils market was lower on Thursday, following the weaker trend in Malaysian palm oil futures, which eased on expectations of increased production and growing palm oil stocks in both Malaysia and Indonesia.

Published 23 Sep, 2018 12:00am

China's diesel demand to grow at fastest pace in at least five years

China's diesel demand will grow at its fastest in at least five years as a pick-up in diesel-intensive sectors in the world's second-biggest economy coincides with lower output from domestic refineries, several sources and analysts said. Estimates of the

Published 23 Sep, 2018 12:00am

EU wheat futures steady in late trade

Euronext wheat futures steadied in late trade on Thursday in step with Chicago wheat that drew support from a rally in corn and soybeans. Benchmark December milling wheat on Paris-based Euronext was trading flat by 1623 GMT at 202.50 euros per tonne. It h

Published 23 Sep, 2018 12:00am

Super typhoon not to damage China's sugar cane crop

Typhoon Mangkhut did not damage China's sugarcane crop as severely as expected and its impact on sugar output is likely to be limited, two analysts and a sugar producer told Reuters. Shares in China's major sugar producers jumped on Monday as investors wo

Published 23 Sep, 2018 12:00am

Currency

Vietnam's coffee demand up; Indonesia slows after harvest

Coffee demand picked up slightly in Vietnam this week as buyers switched destination, after supplies dropped in Asian rival Indonesia at the end of harvest, traders said on Thursday. Exporters offered Vietnam's 5-percent black and broken grade 2 robusta a

Published 23 Sep, 2018 12:00am

Ivory Coast cocoa crop remains healthy despite humidity

Above average rainfall in most of Ivory Coast's cocoa regions last week continued to boost the October-to-March main crop, farmers said on Monday, despite fears the humidity could impact bean drying. Farmers said they were expecting an abundant crop this

Published 23 Sep, 2018 12:00am

China's iron ore demand to remain flat

China's iron ore demand is expected to stay flat, said an official from Baoshan Iron & Steel Co, the country's biggest listed steelmaker, as Beijing's stricter environmental rules boost the use of scrap steel. China's growing stockpiles of scrap steel sho

Published 23 Sep, 2018 12:00am

Currency

Suedzucker cuts earnings forecast due to low sugar prices

Expectations that low sugar prices will fail to recover in the near-term prompted Europe's largest refiner Suedzucker to cut its full year earnings forecast on Thursday, sending its shares down as much as 8 percent. Suedzucker now expects group operating

Published 23 Sep, 2018 12:00am

Zimbabwe's new finance minister says 'fiscal shock' needed for reform

Newly appointed Zimbabwean Finance Minister Mthuli Ncube would like to employ a "big bang" economic reform program to the battered economy where unemployment is running above 80 percent, but recognizes politics will limit the speed for change. "My prefere

Published 23 Sep, 2018 12:00am

Currency

Asian firms' confidence sinks to near three-year low

Confidence among Asian companies slumped to the weakest in almost three years in the third quarter as businesses feared blowback from a worsening global trade war, a Thomson Reuters/INSEAD survey showed. Representing the six-month outlook of 104 firms, th

Published 23 Sep, 2018 12:00am

UK budget deficit jumps

Britain's budget deficit unexpectedly widened in August, driven by subdued tax receipts, a rise in the state pension and higher EU budget payments, but finance minister Philip Hammond probably still has room to ease his grip on spending later this year. T

Published 23 Sep, 2018 12:00am

White House optimistic on China trade; no date for more talks

The United States is optimistic about finding a way forward in its trade dispute with China, but it does not have a date scheduled for further talks as it assesses Beijing's response to the latest round of tariffs, a senior White House official said on Fr

Published 23 Sep, 2018 12:00am

US airlines score win as Congress drops 'reasonable fee' rules

The US airline industry scored a win on Saturday as bipartisan congressional legislation dropped plans to mandate "reasonable and proportional" baggage and change fees, but included other new passenger protections. After weeks of negotiations, a 1,200-pag

Published 23 Sep, 2018 12:00am

Wells Fargo to cut up to 26,500 jobs within three years

Wells Fargo announced plans to cut five to 10 percent of its workforce, a move that would affect up to 26,500 jobs based on current headcount. The bank, which has struggled to regain its footing following a series of scandals, said the job cuts and attrit

Published 23 Sep, 2018 12:00am

Police arrest 21 over data theft at Alibaba's delivery arm

Chinese police on Friday arrested 21 suspects in connection with the theft of customer information from Alibaba Group Holding's logistics affiliate Cainiao Network, state news agency Xinhua reported. More than 10 million pieces of client data - including

Published 23 Sep, 2018 12:00am

Luxembourg wary of EU anti-money laundering plan, Denmark in favour

Luxembourg is among EU states that have urged caution in beefing up the bloc's supervision of banks against money laundering, while Denmark is in favour, an EU official familiar with talks on the matter told Reuters on Friday. The positions were taken in

Published 23 Sep, 2018 12:00am

US may aid Liberia in search for missing millions

The US government is considering helping Liberia track down more than $100 million in missing cash, an embassy spokesman said, in a case that has triggered a political crisis in the impoverished country. Several shipments of freshly printed Liberian dolla

Published 23 Sep, 2018 12:00am

German agency pours doubt on incentives to trade old diesels

The German Environment Agency (UBA) said on Saturday it was doubtful about the environmental benefits of introducing incentives for drivers of older diesel vehicles to trade them in for newer models. Chancellor Angela Merkel is due to hold a high-level me

Published 23 Sep, 2018 12:00am

Lehman Brothers workers share memories 10 years after the fall

Ex-employees of Lehman Brothers Holdings Inc met at Irish pubs near their former office in Midtown Manhattan on Thursday night to reminisce 10 years after the bank's collapse, in gatherings with the atmosphere of high school reunions despite marking the l

Published 23 Sep, 2018 12:00am

Currency

Argentine peso rises on optimism over IMF deal, challenges remain

Argentina's peso strengthened for the third straight day on Friday, driven by optimism that the government would sign a revised financing deal with the International Monetary Fund to include stricter fiscal measures and faster cash disbursements.

Published 23 Sep, 2018 12:00am

Currency

Switzerland tries to stem blockchain exodus by improving access to banks

In an effort to maintain its status as a cryptocurrency hub, Switzerland has taken steps to help blockchain companies access the traditional financial system by making it easier for them to open corporate bank accounts. Faced with an exodus of cryptocurre

Published 23 Sep, 2018 12:00am

China drafts new nuclear energy law, focus on global market

China will provide more support for its nuclear firms to go overseas and strengthen their position on the international market, according to new draft legislation submitted to the industry for consultation on Friday. "The state will encourage and support

Published 23 Sep, 2018 12:00am

Italy PM spokesman warns Treasury officials to find welfare funds or face sack

Italy's prime ministerial spokesman has warned that the anti-establishment 5-Star Movement will sack Treasury officials in a "mega-vendetta" if they fail to find the resources needed for welfare spending. Spokesman Rocco Casalino's comments, made in a lea

Published 23 Sep, 2018 12:00am

Italy PM spokesman warns Treasury officials to find welfare funds or face sack

Published 23 Sep, 2018 12:00am

Liberian leader Weah signs land-reform law

Liberian President George Weah has signed a long-sought land reform law that gives local communities greater rights over "customary land" and lets foreigners and charities own property. First drafted in 2014, the Land Right Act has nonetheless been critic

Published 23 Sep, 2018 12:00am

Nigeria withdraws Skye Bank's operating licence

Nigeria's central bank has revoked Skye Bank's operating licence and a bridge bank called Polaris has been created to take over the lender's assets, the financial regulator said on Friday. Isaac Okorafor, a central bank spokesman, said state-run bad bank

Published 23 Sep, 2018 12:00am

Blackstone looks to manage $1 trillion by 2026

Blackstone Group LP, the world's largest manager of alternative investments such as private equity and real estate, said on Friday it could be overseeing $1 trillion in assets by 2026. The firm currently manages $439 billion, a five-fold increase since it

Published 23 Sep, 2018 12:00am

Currency

Cryptocurrency exchanges at risk of manipulation

Several cryptocurrency exchanges are plagued by poor market surveillance, pervasive conflicts of interest and lack sufficient customer protections, the New York Attorney General's office said in a report published on Tuesday. The study found that online p

Published 23 Sep, 2018 12:00am

Currency

African currencies week ahead: Ugandan shilling to ease, Ghana's cedi to hold steady

Kenya's shilling is expected to strengthen against the dollar in the next week to Thursday, while Uganda's shilling will weaken and Zambia's kwacha and Ghana's cedi will hold steady, traders said.

Published 23 Sep, 2018 12:00am

Currency

Canadian edges lower

The Canadian dollar edged lower against its US counterpart on Friday, but was on track to gain for the second straight week as data showing a pickup in underlying inflation boosted bets for a Bank of Canada interest rate hike next month. Canada's annual i

Published 23 Sep, 2018 12:00am

Currency

Turkey allows firms to exclude forex losses from bankruptcy calculations

Turkish companies will no longer be required to count foreign-currency losses when assessing whether to file for bankruptcy, according to a legal change introduced at the weekend, a move that could dent productivity by propping up unhealthy companies.

Published 23 Sep, 2018 12:00am

Currency

Pound plunges after no-deal Brexit fears rise, boosting dollar

Sterling plunged on Friday, driving the US dollar up, after fears rose that Britain would leave the European Union without a trade deal. British Prime Minister Theresa May said on Friday the European Union must supply an alternative Brexit proposal, sayin

Published 23 Sep, 2018 12:00am

Currency

Turkish lira weakens

The Turkish lira eased on Friday, a day after Finance Minister Berat Albayrak announced the government's three-year economic forecast, disappointing investors who wanted a more sober assessment of the fragile economy. The lira weakened to 6.2250 against t

Published 23 Sep, 2018 12:00am

Currency

Speculators raise net long dollar bets

Speculators' net long bets on the US dollar rose after declining for three straight weeks, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position rose to $22.98 bill

Published 23 Sep, 2018 12:00am

Currency

India's struggle to defend rupee shifts focus to rate hikes

Investors have increased bets that India's central bank will need to raise interest rates at least two more times this year to shore up the battered rupee after previous efforts to defend the currency failed to sway markets. The government's latest measur

Published 23 Sep, 2018 12:00am

Currency

Bearish bets remain as edgy investors retreat from risky Asian currencies

Bets that most Asian currencies will continue to come under pressure from a strong dollar and the intensifying Sino-US trade war have risen over the last two weeks, a Reuters poll showed. An environment of heightened volatility has gripped some of Asia's

Published 23 Sep, 2018 12:00am

'Thanks, bro' - Ozil grateful for Boateng's backing

Mesut Ozil has thanked Jerome Boateng for public support in the wake of Ozil's controversial retirement from international football. Ozil, 29, walked away from the Germany squad in July, claiming he was made a scapegoat for the national team's disastrous

Published 23 Sep, 2018 12:00am

Smith, Warner make smashing return to Australian cricket

isgraced cricketers Steve Smith and David Warner made stunning returns to Australian cricket Saturday, with the pair both notching up big scores in front of some of the largest grade-level crowds the country has seen. Former captain Smith looked as though

Published 23 Sep, 2018 12:00am

PCB to review position on global cricket leagues

New Pakistan cricket chief Ehsan Mani said on Saturday his board would review their stance on global leagues and seek assurances from the game's governing body. Pakistan Cricket Board (PCB) earlier this year restricted its players' participation to one le

Published 23 Sep, 2018 12:00am

Badminton star Lee has cancer, in Taiwan for treatment

Malaysian badminton star Lee Chong Wei has early-stage nose cancer and is being treated in Taiwan, sports officials said Saturday, after weeks of speculation about his health. The country's most successful Olympian ever, who enjoys superstar status in his

Published 23 Sep, 2018 12:00am

Pakistan team leaves for Socca Football World Cup

Pakistan Socca Football team has reached Lisbon, Portugal on Saturday to participate in the 32-team inaugural six-a-side ISF Socca Football World Cup, which commences today (Sunday). The players in green will play their first match against top class footb

Published 23 Sep, 2018 12:00am

Modric reaches Spanish tax settlement

Real Madrid midfielder Luka Modric has reached a deal with Spanish prosecutors, admitting he evaded taxes and agreeing to an eight-month jail sentence likely to be converted into a fine, daily El Mundo reported Saturday. The Croatian star, one of the favo

Published 23 Sep, 2018 12:00am

Liverpool, Man City cruise as Man Utd held on Ferguson's return

Liverpool and Manchester City's shootout for the Premier League title intensified on Saturday with comfortable wins over Southampton and Cardiff, while Manchester United were held 1-1 by Wolves on the day Alex Ferguson returned to Old Trafford.

Published 23 Sep, 2018 12:00am

Osaka romps into Tokyo final

Japan's Naomi Osaka crushed Italian Camila Giorgi 6-2, 6-3 in Tokyo on Saturday to set up a Pan Pacific Open final against Czech Karolina Pliskova. Third seed Osaka needed just 71 minutes to complete her 10th straight win after capturing a historic US Ope

Published 23 Sep, 2018 12:00am

Pakistan and Afghanistan players fined

Pakistan's paceman Hasan Ali and Afghanistan's Asghar Afghan and Rashid Khan have all been fined on Saturday for violating the players' code of conduct, the International Cricket Council said Saturday. "Hasan, and Afghanistan's duo of Asghar and Rashid ha

Published 23 Sep, 2018 12:00am

Malik thwarts Afghanistan in last over finish

Experienced batsman Shoaib Malik hit a six and a boundary to pull off a sensational last over three wicket win for Pakistan against a spirited Afghanistan in the Asia Cup in Abu Dhabi on Friday. Malik pulled the second ball of the final over by paceman Af

Published 23 Sep, 2018 12:00am

US Supreme Court nominee accuser given deadline to decide on hearing

The woman whose sexual assault allegation threatens to bring down Donald Trump's Supreme Court nominee was given until Saturday afternoon to decide on testifying in the Senate, after the US president claimed her accusation could not be true. Christine Bla

Published 23 Sep, 2018 12:00am

Cholera outbreak in Nigeria claims nearly 100 lives

A cholera outbreak in north-eastern Nigeria has claimed nearly 100 lives over the past two weeks, the United Nations said Saturday.

Published 23 Sep, 2018 12:00am

Eight Afghan children killed playing with unexploded mortar shell

Eight children, including four siblings, were killed in Afghanistan when a mortar shell they were playing with exploded, relatives said Saturday, adding to the ever-growing civilian toll in the 17-year war. Another six children were wounded in the blast o

Published 23 Sep, 2018 12:00am

China opens embassy in Dominican Republic after break with Taiwan

China's most senior envoy inaugurated a new embassy in the Dominican Republic on Friday after the Caribbean country cut ties with Taiwan in a move that prompted US concern over the Asian island's dwindling number of allies. Self-ruled Taiwan, which China

Published 23 Sep, 2018 12:00am

Vatican announces historic deal on bishops with China

The Vatican on Saturday announced an historic accord with China on who appoints bishops in the Communist country, paving the way for rapprochement between the Catholic Church and the world's most populous country.

Published 23 Sep, 2018 12:00am

Japan space robots start asteroid survey

A pair of robot rovers have landed on an asteroid and begun a survey, Japan's space agency said Saturday, as it conducts a mission aiming to shed light on the origins of the solar system. The rover mission marks the world's first moving, robotic observati

Published 23 Sep, 2018 12:00am

20,000 march for wage equality in Switzerland

Some 20,000 people marched in Bern Saturday demanding wage equality between the genders, organisers said, warning that women are prepared to go on strike if Swiss parliamentarians do not fix the pay gap. Women "are sick of sexism and discrimination, sick

Published 23 Sep, 2018 12:00am

Police raid Maldives opposition HQ ahead of vote

Maldivian police raided the opposition campaign headquarters on Saturday, the opposition said, on the eve of Sunday's presidential election that international monitors fear will be rigged.

Published 23 Sep, 2018 12:00am

Australian filmmaker to be deported from Cambodia

An Australian filmmaker who received a royal pardon from Cambodia will be deported Saturday, immigration officials said, a day after he was released from a six-year sentence in a case Human Rights Watch has called "a ludicrous charade". James Ricketson, 6

Published 23 Sep, 2018 12:00am

Lebanon navy rescues dozens from sinking Cyprus-bound boat

Lebanon's navy rescued dozens of people, including Syrians, from a sinking boat off the country's northern coast on Saturday, the military and a security source said, adding one child had died. The military said in a statement it responded early Saturday

Published 23 Sep, 2018 12:00am

Journalist murdered in Mexico, ninth of 2018

Gunmen on Friday killed a Mexican journalist who had received threats after reporting on corruption in the southern state of Chiapas, his newspaper said, in what was at least the ninth murder of a reporter in the country this year. Mario Gomez, a reporter

Published 23 Sep, 2018 12:00am

Libya urges 'effective' UN action to end violence

Libya's internationally recognised government has called on the UN to take "concrete and effective" action to protect civilians and halt fighting near the capital that has killed more than 100 people since late August. In a statement late Friday, the Gove

Published 23 Sep, 2018 12:00am

Currency

Yemen faces worsening threat of famine: UN

International aid agencies are losing the fight against famine in Yemen, where 3.5 million people may soon be added to the eight million Yemenis already facing starvation, the UN aid chief warned Friday. A sharp drop in the value of Yemen's currency that

Published 23 Sep, 2018 12:00am

France fountains protest against Total's Brazil oil project

Fountains were tinted black in several French towns Saturday during protests against plans by oil giant Total to drill near a coral reef at the mouth of the Amazon. The protesters insist the plan threatens a "unique" natural habitat. "The Amazon reef is n

Published 23 Sep, 2018 12:00am

Hollande fuels Rafale fighter jet controversy in India

Former French president Francois Hollande has fuelled controversy over India's multi-billion-dollar 2016 purchase of 36 Rafale fighter jets, saying that France was given no choice on the Indian partner for manufacturer Dassault. His comments on Friday sto

Published 23 Sep, 2018 12:00am

Canada hosts first meeting of women foreign ministers

Women foreign ministers from around the world kicked off a first-of-its-kind meeting on Friday, bringing together more than half of the world's top women diplomats in Montreal.

Published 23 Sep, 2018 12:00am

US, allied forces attacked in Somalia: Pentagon

United States and allied forces came under attack in Somalia, triggering an air strike which killed 18 Al-Shabaab militants, the US military said on Saturday. The incident occurred on Friday 50 kilometers (30 miles) northwest of Kismayo in the south of th

Published 23 Sep, 2018 12:00am

3,000 march in Moscow against unpopular pension reforms

About 3,000 people demonstrated in Moscow on Saturday against deeply unpopular government plans to raise the retirement age, which have sparked public anger. Proposals to raise the state pension age to 60 for women and 65 for men has led to a number of pr

Published 23 Sep, 2018 12:00am

May critics kick off 'Save Brexit' rallies

Critics of Prime Minister Theresa May's Brexit proposal across several parties staged the first in a planned series of rallies on Saturday aimed at mounting support for a clean break with EU. The "Save Brexit Campaign" kicked off at the football grounds o

Published 23 Sep, 2018 12:00am

Trump border wall going up in Texas

The United States was to begin construction in Texas on Saturday of part of President Donald Trump's border wall designed to curb illegal immigration, which he calls a security threat. Running along four miles (six kilometers) of the 2,000-mile border wit

Published 23 Sep, 2018 12:00am

Prices of essential kitchen items witness upward trend

Prices of essential kitchen items witnessed increase during this week past as compared to preceding week, a survey conducted by Business Recorder revealed here on Saturday.

Published 23 Sep, 2018 12:00am

Firdous Shamim resigns as PTI Karachi president

Leader of the opposition in the Sindh Assembly Firdous Shamim Naqvi stepped down as president of the Pakistan Tehreek-e-Insaf (PTI) Karachi chapter on Saturday. The PTI MPA said he wants to focus all his attention on resolution of the issues facing the pr

Published 23 Sep, 2018 12:00am

Government finalises strategy to build 5 million houses

The incumbent government of Pakistan Tehreek-e-Insaf (PTI) has finalised strategy to build five million houses as Prime Minister (PM) Imran Khan is set to announce the details of the project in coming week. The government has decided to immediately start

Published 23 Sep, 2018 12:00am

FPCCI's BMP hails Saudi's interest in CPEC

The Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) welcomed the Kingdom of Saudi Arabia investment in China-Pakistan Economic Corridor (CPEC) which would open another door of foreign direct investment into

Published 23 Sep, 2018 12:00am

Customs value of fleece fabric revised

Directorate General Customs Valuation (DGCV) has revised the Customs values of fleece fabric under sub-section (7) of section 25 of the Customs Act, 1969. According to details, the customs values of fleece fabric were determined vide valuation ruling No.6

Published 23 Sep, 2018 12:00am

Previous Day

Forex
World
Commodity

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

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

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

Gainers
Losers
Leaders

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

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

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

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