News Archives for Print - 2018-09-24

The Weather

The weather report on Sunday (September 23, 2018) and the forecast for Monday (September 24, 2018).

Published 24 Sep, 2018 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JANUARY TO JUNE 2018)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 24 Sep, 2018 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (September 17 to 19, 2018).

Published 24 Sep, 2018 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 24 Sep, 2018 12:00am

Currency

Australian regulator cracks down on misleading digital coin offerings

Australia's corporate watchdog said on Thursday it was stepping up scrutiny on "misleading" initial coin offerings (ICOs) targeted at retail investors while adding it has already acted against several such proposals. The Australian Securities & Investment

Published 24 Sep, 2018 12:00am

Currency

Egypt sees surge in share offerings, testing market

A surge of new shares offerings over the next few months will test whether Egypt can withstand emerging market contagion after currency crises that rattled Turkey and Argentina last month. The government hopes offerings in five state-controlled firms alre

Published 24 Sep, 2018 12:00am

Kuwait stocks down ahead of FTSE entry, other Middle East markets mixed

Kuwait's stock market fell on Sunday, pausing after recent gains ahead of joining of the FTSE Russell emerging market index this week, which is expected to draw investment from passive funds. Entry to the emerging market index will be in two phases, on Se

Published 24 Sep, 2018 12:00am

Currency

Emerging market currency crisis could lead to broader economic trouble

Emerging market investors are trying to gauge whether a currency crisis and the steep interest rate hikes being used to fight it could turn into a broader slowdown and even recession. On Thursday, Turkey's central bank attempted to draw a line under a lir

Published 24 Sep, 2018 12:00am

China's Tencent Music seeks $2 billion in US IPO

Tencent Music Entertainment Group, China's biggest music-streaming company, is seeking to raise about $2 billion in a US listing, according to three people close to the deal, down from the up to $4 billion that had been touted earlier.

Published 24 Sep, 2018 12:00am

China's Tencent Music seeks $2 billion in US IPO

Tencent Music Entertainment Group, China's biggest music-streaming company, is seeking to raise about $2 billion in a US listing, according to three people close to the deal, down from the up to $4 billion that had been touted earlier.

Published 24 Sep, 2018 12:00am

US bond market recession signal not far away: strategists

Short-dated US Treasury yields will rise above longer maturities - a reliable forecaster of recessions - within two years and possibly in the next year, according to market experts polled by Reuters. At just 27 basis points now, the gap between two-year a

Published 24 Sep, 2018 12:00am

US bond market recession signal not far away: strategists

Short-dated US Treasury yields will rise above longer maturities - a reliable forecaster of recessions - within two years and possibly in the next year, according to market experts polled by Reuters. At just 27 basis points now, the gap between two-year a

Published 24 Sep, 2018 12:00am

Currency

Zimbabwe rules out early return to local currency

Zimbabwe's new president on Tuesday ruled out an early return of the Zimbabwean dollar, toning down remarks by his finance minister that backed reintroducing the currency. In an inaugural address in parliament marked by an opposition walkout, President Em

Published 24 Sep, 2018 12:00am

Foreigners bought Asian bonds for Second month

Foreigners bought Asian bonds for the second successive month in August, brushing off concerns over Sino-US trade war and fears of contagion from Turkey and other volatile emerging markets. Data from central banks and bond market associations showed forei

Published 24 Sep, 2018 12:00am

Foreigners bought Asian bonds for Second month

Foreigners bought Asian bonds for the second successive month in August, brushing off concerns over Sino-US trade war and fears of contagion from Turkey and other volatile emerging markets. Data from central banks and bond market associations showed forei

Published 24 Sep, 2018 12:00am

Wall Street week ahead: volume spikes on sector reshuffle, quadruple witching

An overhaul of Wall Street's technology and media sectors coincided with the quarterly expiration of futures and options, bringing a burst of volume to trading late on Friday that could continue in the days that follow. After the close on Friday, S&P Dow

Published 24 Sep, 2018 12:00am

Joshua retains heavyweight crowns

Britain's Anthony Joshua delivered a devastating technical knockout in the seventh round to defeat Russian Alexander Povetkin at Wembley Stadium on Saturday and retain his WBA, IBF, WBO and IBO world heavyweight championship belts. In front of about 80,00

Published 24 Sep, 2018 12:00am

Pliskova beats Osaka to win Tokyo title

Former world number one Karolina Pliskova utilised her big serve to full effect to ease to a 6-4 6-4 victory over home favourite and US Open champion Naomi Osaka in the Pan Pacific Open final in Tokyo on Sunday. Osaka, supremely confident and in top form

Published 24 Sep, 2018 12:00am

Badminton: Ginting stuns Momota to take China Open title

Japan's Kento Momota suffered a shock loss in China on Sunday as he was bested by Indonesia's Anthony Sinisuka Ginting in just two sets. The third seed, who took the Japan Open title on home ground last week, was beaten by world number 13 Ginting 23-21, 2

Published 24 Sep, 2018 12:00am

Thiem wins Saint Petersburg indoor title

Top seed Dominic Thiem of Austria beat Slovakia's Martin Klizan in straight sets to secure his third ATP title of the season in the Saint Petersburg Open on Sunday French Open runner-up Thiem prevailed 6-3, 6-1 in one hour seven minutes to chalk up his fi

Published 24 Sep, 2018 12:00am

Anderson beats Djokovic again

Kevin Anderson took down Novak Djokovic for a second straight night as Team World rallied to win the final two matches and reel Team Europe's lead back to 7-5 after the second day of the Laver Cup in Chicago on Saturday. South African Anderson led the cha

Published 24 Sep, 2018 12:00am

Koreas to field first-ever joint teams for Paralympic event

North and South Korea have agreed to march under a neutral Korean peninsula flag and form unified teams for some sports at the upcoming Asian Para Games. "This is the first time the two countries have paraded together and competed together at a para-sport

Published 24 Sep, 2018 12:00am

Mick Schumacher claims five straight F3 victories

Mick Schumacher, the teenage son of Formula One legend Michael Schumacher, is living up to the famous family name in Formula Three by dominating the drivers' championship after picking up his fifth straight win on Sunday. The 19-year-old Schumacher claime

Published 24 Sep, 2018 12:00am

Chelsea drop first points with 0-0 draw at West Ham

Chelsea lost their 100 percent Premier League record when London rivals West Ham United held them to a 0-0 draw on Sunday. Needing a two-goal win to depose Liverpool at the top of the table, Chelsea struggled to make clear chances despite having the major

Published 24 Sep, 2018 12:00am

Arsenal ride their luck as Lacazette gem sinks Everton

Alexandre Lacazette fired Arsenal to a fourth successive Premier League win as the French forward's superb strike inspired a hard-fought 2-0 success against Everton on Sunday. Unai Emery's side rode their luck in the first half at the Emirates Stadium as

Published 24 Sep, 2018 12:00am

Real see off gritty Espanyol, Atletico sink Getafe

Marco Asensio's strike earned Real Madrid a 1-0 win over Espanyol to send them top of La Liga and Thomas Lemar scored his first goal for Atletico Madrid in a 2-0 victory at Getafe on Saturday. Julen Lopetegui's Real were tested by Espanyol at the Santiago

Published 24 Sep, 2018 12:00am

Neymar gets PSG back on track

From a deeper than usual playmaker role Brazil's Neymar pulled the strings as Paris Saint-Germain came from behind to beat Rennes 3-1 in Ligue 1 on Sunday, helping to dispel midweek memories of a European flop at Liverpool. Hosts Rennes took a surprise 11

Published 24 Sep, 2018 12:00am

Rohit, Dhawan hit tons to beat Pakistan in Asia Cup

Openers Rohit Sharma and Shikhar Dhawan hit punishing centuries to steer an imperious India to a nine wicket win over a listless Pakistan in the Asia Cup match in Dubai on Sunday. Sharma notched 119-ball 111 not out for his 19th one-day hundred while Dhaw

Published 24 Sep, 2018 12:00am

Too much screen time? New phone controls for you and kids

Apple and Google want to help you spend less time on their phones! really. Like that time you checked Facebook at 3 a.m. Stats don't lie. Their new tools for managing screen time will let you see how often you picked up the phone after bedtime or how long

Published 24 Sep, 2018 12:00am

Toshiba Memory, Western Digital celebrate opening of Fab 6, Memory R&D Centre

Toshiba Memory Corporation and Western Digital Corporation Sep 19 celebrated the opening of a new state-of-the-art semiconductor fabrication facility, Fab 6, and the Memory R&D Center, at Yokkaichi operations in Mie Prefecture, Japan.

Published 24 Sep, 2018 12:00am

Gemalto, R3 Pilot Blockchain Technology to put users in control of digital ID

Who are you, and can you prove it? The new Gemalto Trust ID Network enables users to give digital service providers fully verified and secured answers to these simple yet critical questions. By creating and managing their own +IBg-Self-Sovereign+IBk- Digi

Published 24 Sep, 2018 12:00am

Renault-Nissan alliance takes Google Android for a drive

Renault's alliance with Nissan and Mitsubishi said September 18 it would start equipping its cars with the Android operating system to make dashboards smart. Under a deal with web giant Google, the Renault-led group - the world's largest auto alliance by

Published 24 Sep, 2018 12:00am

5G to power economic growth in Europe, GSMA study finds

Europe's mobile ecosystem is forecast to account for more than 4 per cent of the region's GDP by 2022, but the right regulatory action must be taken to position Europe as a global 5G leader and establish a genuine EU Digital Single Market, according to a

Published 24 Sep, 2018 12:00am

Amazon aims at making Alexa assistant bigger part of users' lives

From the kitchen to the car, Amazon on Thursday sought to make its Alexa digital assistant and online services a bigger part of people's lives with an array of new products and partnerships. Updates to the internet giant's Alexa-infused Echo smart speaker

Published 24 Sep, 2018 12:00am

Hyundai signs deal to sell 1,000 hydrogen-powered trucks in Switzerland

Hyundai Motor said on Wednesday it will sell 1,000 hydrogen-powered trucks in Switzerland over the next five years through a new tie-up, betting the vehicles could beat battery-powered models sold by the likes of Tesla Inc. South Korea's Hyundai and Japan

Published 24 Sep, 2018 12:00am

Financial betting clampdown hits IG Group revenue

Shares in trading platform IG Group Holdings Plc slid after its revenue dropped 4.7 percent over the last three months, hit by a dip in market volatility and a regulatory clampdown on high-risk betting on financial markets. Already facing Brexit uncertain

Published 24 Sep, 2018 12:00am

Financial betting clampdown hits IG Group revenue

Shares in trading platform IG Group Holdings Plc slid after its revenue dropped 4.7 percent over the last three months, hit by a dip in market volatility and a regulatory clampdown on high-risk betting on financial markets. Already facing Brexit uncertain

Published 24 Sep, 2018 12:00am

Citigroup hires three software investment bankers

Citigroup Inc has hired three investment bankers for its technology investment banking group focused on software in the United States and in Europe, according to a memo published internally at the bank and confirmed by a spokeswoman on Monday.

Published 24 Sep, 2018 12:00am

ADIB aims to boost lending after capital increase

Abu Dhabi Islamic Bank expects to increase lending in 2018 after boosting its capital, its acting chief executive said, adding that the rate of profit growth will slow as the Sharia-compliant bank battles against a sluggish economy.

Published 24 Sep, 2018 12:00am

Saudi's PIF invests over $1 billion in electric carmaker Lucid Motors

Saudi Arabia's Public Investment Fund said on Monday it had agreed to invest more than $1 billion in Silicon Valley-based Lucid Motors to produce electric vehicles. The deal, which follows a Reuters report last month that the two parties were in talks, wi

Published 24 Sep, 2018 12:00am

Bayer puts stake in chemical park operator up for sale

Bayer is inviting financial investors to bid for its 60 percent stake in chemical park operator Currenta after initially failing to agree a sale to its former chemicals subsidiary Covestro, three people familiar with the matter told Reuters.

Published 24 Sep, 2018 12:00am

FedEx quarterly profit misses Wall Street estimate

FedEx Corp reported quarterly profit that missed Wall Street estimates on Monday, as employee compensation and other expenses weighed on results. FedEx and rival United Parcel Service Inc are considered bellwethers for the US economy and investors are mon

Published 24 Sep, 2018 12:00am

FedEx quarterly profit misses Wall Street estimate

FedEx Corp reported quarterly profit that missed Wall Street estimates on Monday, as employee compensation and other expenses weighed on results. FedEx and rival United Parcel Service Inc are considered bellwethers for the US economy and investors are mon

Published 24 Sep, 2018 12:00am

Investors raise cash buffers as gloom gathers over global economy: BAML survey

Investors cut equity exposure this month as they grew more wary that economic growth may slow, but kept a long-standing preference for mega-cap tech stocks, Bank of America Merrill Lynch's monthly survey indicated on Tuesday. BAML's September survey found

Published 24 Sep, 2018 12:00am

Investors raise cash buffers as gloom gathers over global economy: BAML survey

Investors cut equity exposure this month as they grew more wary that economic growth may slow, but kept a long-standing preference for mega-cap tech stocks, Bank of America Merrill Lynch's monthly survey indicated on Tuesday. BAML's September survey found

Published 24 Sep, 2018 12:00am

Zimbabwe seeks $35 million to fight cholera outbreak

Zimbabwe is appealing to individual citizens and local companies for $35 million to help fight a cholera outbreak that has killed 31 and infected more than 5,000, the finance minister said. The worst cholera outbreak in a decade has exposed the problem of

Published 24 Sep, 2018 12:00am

Common painkiller tied to increased risk of heart problems

The commonly used painkiller diclofenac may be linked with an increased risk of heart problems, a large Danish study suggests. Diclofenac is a non-steroidal anti-inflammatory drug (NSAID) that's often used to treat arthritis and other painful joint condit

Published 24 Sep, 2018 12:00am

Melting permafrost threatens climate rescue plan: study

Global targets aimed at warding off runaway planetary warming could be breached sooner than expected, experts warned Monday, as gases released by melting permafrost threaten to undermine human efforts to avert climate disaster.

Published 24 Sep, 2018 12:00am

Harsh climate: the struggle to track global sea level rise

A loud rumble jolted climate scientist David Holland just before he went to sleep inside his fiberglass bear-resistant dome, set up next to a frozen fjord in Greenland. He scrambled outside into the sunlit night at about 11 p.m.

Published 24 Sep, 2018 12:00am

Air pollution linked to higher risk of dementia

Urban air pollution, mostly from vehicles, is associated with an increased risk of dementia, according to research published on Wednesday. The link remained even after heavy drinking, smoking and other well established risk factors for dementia were ruled

Published 24 Sep, 2018 12:00am

Needle found in Australian strawberries sold in New Zealand

The Australian strawberry scare has spread to New Zealand with a supermarket chain announcing Sunday that needles were found in a box of the fruit sourced from the neighbouring country. The Countdown supermarket chain said it had taken a brand of Australi

Published 24 Sep, 2018 12:00am

Erdogan says new Istanbul airport will open despite strike

The new international airport in Istanbul, one of President Recep Tayyip Erdogan's signature mega projects, will open as scheduled on October 29 despite a builders strike, he said Sunday. "The opening date is October 29, tests have been carried out... the

Published 24 Sep, 2018 12:00am

Currency

Ether cryptocurrency, a victim of blockchain success

For all the attention afforded bitcoin, it is its rival ether that is hitting the headlines, with the popularity of its blockchain technology Ethereum driving concerns that have sent investors fleeing. Virtual currencies have struggled across the board th

Published 24 Sep, 2018 12:00am

Siemens CEO pushes plans to boost Iraqi power infrastructure

Siemens said its boss Joe Kaeser met Iraq's prime minister on Sunday to discuss a proposal by the German company to expand the Middle East nation's power production. The German engineering group said it was proposing a deal to add 11 gigawatt (GW) of capa

Published 24 Sep, 2018 12:00am

Fear and fanfare as Hong Kong launches China rail link

A new high-speed rail link between Hong Kong and mainland China launched Sunday, a multi-billion dollar project that critics say gives away part of the city's territory to an increasingly assertive Beijing. Chinese security have been stationed in semi-aut

Published 24 Sep, 2018 12:00am

Saudi Airlines Cargo signs 1.2 billion riyals Islamic loan

Saudi Arabian Airlines' cargo unit has signed a 1.2 billion riyals ($320 million) Islamic loan, according to a statement issued by a law firm working on the deal. The proceeds will fund the expansion of Saudi Airlines Cargo Co's facilities at King Abdul A

Published 24 Sep, 2018 12:00am

China's August grain imports slide on Sino-US trade war

China's grain imports fell sharply in August, customs data showed on Sunday, a month after Beijing imposed hefty tariffs on shipments from the United States, one of its top suppliers. China brought in 60,000 tonnes of sorghum in August, down 78.5 percent

Published 24 Sep, 2018 12:00am

Nepal restores $2.5 billion hydropower plant contract to Chinese firm

Nepal's new government has reversed its predecessor's decision and has asked China Gezhouba Group Corporation to build the nation's biggest hydropower plant, an official said on Sunday, as it seeks to woo Chinese investment in its ailing infrastructure. T

Published 24 Sep, 2018 12:00am

Third of EU financial secrecy comes from inside its borders

People or firms in the European Union that wish to keep their financial affairs secret more often find the services they require inside the EU than in one of the tax havens blacklisted by the bloc, the Tax Justice Network (TJN) said on Sunday. Such servic

Published 24 Sep, 2018 12:00am

Porsche first German carmaker to abandon diesel engines

Sports car maker Porsche said Sunday it would become the first German auto giant to abandon the diesel engine, reacting to parent company Volkswagen's emissions cheating scandal and urban driving bans. "There won't be any Porsche diesels in the future," C

Published 24 Sep, 2018 12:00am

BIS warns global economy risks crisis 'relapse'

The Bank of International Settlements said Sunday the global economy risked a "relapse" of the crisis that rocked it a decade ago, warning there was little "medicine" left to treat the patient a second time. "Things look rather fragile," BIS chief economi

Published 24 Sep, 2018 12:00am

Battle lines drawn for Senate showdown on Trump court nominee

US lawmakers drew battle lines Sunday ahead of a dramatic showdown over the fate of Donald Trump's Supreme Court nominee, after a university professor who accuses the judge of sexual assault agreed to testify in the Senate. Christine Blasey Ford, who accu

Published 24 Sep, 2018 12:00am

UK Labour seeks to solve Brexit split, anti-Semitism row

Britain's opposition Labour Party kicked off its annual conference on Sunday hoping to take advantage of government turmoil, but separate rallies against Brexit and anti-Semitism brought into focus the obstacles in the way of power. With Theresa May reeli

Published 24 Sep, 2018 12:00am

Green card clampdown planned for US immigrants on benefits

US immigrants who get public benefits like food stamps or housing vouchers could be denied green cards, under a new proposal from President Donald Trump's administration. Trump came to power pledging to make immigration to the United States more difficult

Published 24 Sep, 2018 12:00am

Iran adhering to nuclear deal: British PM

Iran is adhering to its commitments under the Iran nuclear deal and the accord - repudiated by the United States - should stay in place, Britain's prime minister said in an interview broadcast on Sunday. "From what we see, we believe that it is doing that

Published 24 Sep, 2018 12:00am

Opposition candidate takes lead in Maldives presidential election

Opposition candidate Ibrahim Mohamed Solih has taken a 16 percentage point lead over incumbent Abdulla Yameen in the Maldives' presidential election, according to early provisional counts reported by local media. Yameen was expected to cement his grip on

Published 24 Sep, 2018 12:00am

Tripoli clashes leave 115 dead, 383 injured

At least 115 people have been killed and 383 injured in month-long clashes between rival factions in Tripoli, Libya's health ministry said on Sunday. The fighting pitted the Seventh Brigade, or Kaniyat, from Tarhouna, a town 65 km (45 miles) southeast of

Published 24 Sep, 2018 12:00am

Macron's popularity at record lows

The popularity of French President Emmanuel Macron has hit its lowest level since the start of his term, according to a major tracker poll published on Sunday, with just 29 percent of respondents satisfied with his leadership. The poll by research group I

Published 24 Sep, 2018 12:00am

Five killed in torrential Tunisia rains

Flash floods in Tunisia's Cap Bon peninsula have killed at least five people, authorities said Sunday, as surging waters caused by heavy rains carried away homes, cars and chunks of road. Saturday's storm caused water levels in some areas to rise as much

Published 24 Sep, 2018 12:00am

Four years of coalition strikes on Syria kill 3,300 civilians

More than 3,000 civilians have been killed in US-led coalition air strikes against the Islamic State group in Syria since they began four years ago, a monitor said on Sunday. The Washington-led alliance puts the toll at just over 1,000 civilians in both S

Published 24 Sep, 2018 12:00am

Currency

Indonesia kicks off presidential race as currency slumps

Campaigning for Indonesia's presidential election in April kicked off Sunday, pitting incumbent Joko Widodo against a former military general in the race to lead the world's third-biggest democracy. Opinion polls show Widodo, whose down-to-earth style and

Published 24 Sep, 2018 12:00am

Jihadist group rejects deal for Syria's Idlib

A jihadist faction in the Idlib region of northwestern Syria has rejected a Turkish-Russian deal that requires "radical" insurgents to withdraw from a demilitarised zone, and urged rebels to launch new military operations. While the Huras al-Din faction i

Published 24 Sep, 2018 12:00am

Russia says 'misled' by Israel in plane downing over Syria

Russia's military Sunday blamed "misleading" information from the Israeli airforce for the downing of one of its planes in Syria last week, and denounced the "adventurism" of Israeli pilots. Israel strongly disputed the assertion and vowed it will continu

Published 24 Sep, 2018 12:00am

India launches 'Modicare', world's biggest health scheme

Prime Minister Narendra Modi on Sunday launched the world's biggest health insurance scheme, promising free coverage for half a billion of India's poorest citizens ahead of national elections next year. The bottom 40 percent of India's 1.25 billion people

Published 24 Sep, 2018 12:00am

Israel sets October deadline to evacuate Bedouin village

Israel on Sunday told residents of Khan al-Ahmar, a Bedouin village in the occupied West Bank slated for demolition, to clear their houses by October 1. Khan al-Ahmar consists of tin and wood shacks built on a desert hillside beside an Israeli highway tha

Published 24 Sep, 2018 12:00am

Mexico president-elect says will not fight with Trump

Mexican president-elect Andres Manuel Lopez Obrador said he does not want to fight with US President Donald Trump on immigration. Trump's hardline approach on the subject has ramped up tensions and riled Mexicans, who he previously claimed would pay for t

Published 24 Sep, 2018 12:00am

Armed man arrested outside Buckingham Palace

An armed man was arrested Sunday at the entrance of Buckingham Palace, London police said, ruling out the possibility it was terror related. Police said the 38-year-old was carrying a Taser stun gun, adding that he remains in custody. "It's not terrorism

Published 24 Sep, 2018 12:00am

Brotherhood chief, 65 others get life

An Egyptian court on Sunday sentenced 66 people to life in prison, including Muslim Brotherhood chief Mohammed Badie, over an August 2013 attack on a police station in Minya. Death sentences were meted out to 183 people over the deadly attack on the polic

Published 24 Sep, 2018 12:00am

China navy ship makes maiden visit to Venezuela after Maduro visit

A Chinese naval ship has travelled to Venezuela for the first time, following a visit by President Nicolas Maduro to Beijing this month, where he had been looking to gain China's support for the Latin American nation's struggling economy.

Published 24 Sep, 2018 12:00am

Erdogan seeks better economic, political ties with Germany

Turkish President Tayyip Erdogan said on Sunday he would work on improving political and economic ties with Germany during a visit to the country later this month. Turkey is seeking to improve its awkward relationship with Europe at a time when its ties w

Published 24 Sep, 2018 12:00am

Nationwide anti-polio drive kicks off September 24

The fourth and last national immunization drive of the current year under health department is set to be kicked off across the country from Monday (today). The drive would continue till 26 September. Minister for Health Dr Yasmin Rashid said that eliminat

Published 24 Sep, 2018 12:00am

Government urged to review APTTA to end Indian monopoly in Afghan market

President Frontier Customs Agents Group (FCAG) Khyber Pakhtunkhwa and former senior vice president Sarhad Chamber of Commerce and Industry (SCCI) Zia-ul-Haq Sarhadi has demanded of the Prime Minister Imran Khan for review of the stern conditioned of the A

Published 24 Sep, 2018 12:00am

Railways to charge dam fund from passengers

Pakistan Railways (PR) will charge dam fund surcharge, Re 1, Rs 2 and Rs 10 on the tickets of economy and business class from September 25. PR on the directive of Federal Minister for Railways Sheikh Rasheed Ahmed has decided to increase fares for all cla

Published 24 Sep, 2018 12:00am

Ameer Bux Bhutto made Sindh PTI president

Ameer Bux Bhutto, son of Pakistan Tehreek-e-Insaf (PTI) leader Mumtaz Bhutto, has been appointed as the party's new president for Sindh. The PTI chairman, Imran Khan gave the go-ahead to Ameer Bux Bhutto's appointment as the party's Sindh chapter presiden

Published 24 Sep, 2018 12:00am

ICAP-ICMAP host Third FRED Forum today

The Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost and Management Accountant of Pakistan (ICMAP) will jointly host the 3rd Financial Reform for Economic Development (FRED) Forum today (Monday) at a hotel, here. The forum will

Published 24 Sep, 2018 12:00am

'Digital startups lack access to capital' an interview with Ali Farid Khwaja, Managing Partner, Oxford Frontier Capital

With over 15 years of experience in capital markets and technology sector, Ali Farid Khwaja is currently the Managing Director at Khadim Ali Shah Bukhari (KASB) Securities Pvt Ltd and Managing Partner of Oxford Frontier Capital (UK). Previously, Khwaja se

Published 24 Sep, 2018 12:00am

'Digital startups lack access to capital' an interview with Ali Farid Khwaja, Managing Partner, Oxford Frontier Capital

With over 15 years of experience in capital markets and technology sector, Ali Farid Khwaja is currently the Managing Director at Khadim Ali Shah Bukhari (KASB) Securities Pvt Ltd and Managing Partner of Oxford Frontier Capital (UK). Previously, Khwaja se

Published 24 Sep, 2018 12:00am

Musharraf lashes out at Indian army chief

Former president General Pervez Musharraf (retd) has hit out against the Indian army chief's threat cum warning to Pakistan. In social media, he has warned, "Let India put something into practice first, they will be taught a lesson." He was responding in

Published 24 Sep, 2018 12:00am

KP reviews its case for today's CCI meeting

Khyber Pakhtunkhwa Chief Minister Mahmood Khan presided over a high-level meeting at the KP House in Islamabad and reviewed the case of the province prepared to be taken up with the Centre at the moot of the Council of Common Interest (CCI) to be held in

Published 24 Sep, 2018 12:00am

Over 65,600 candidates appear in MDCAT

As many as 65,670 candidates including 41,681 female and 23,989 male, appeared in Medical and Dental Colleges' admission test (MDCAT) which was conducted by the University of Health Sciences (UHS) on Sunday. The test, started at 10:00 hrs, went of peacefu

Published 24 Sep, 2018 12:00am

MAJU, Azerbaijan's university sign MoU

Mohammad Ali Jinnah University, Karachi (MAJU) and Khazar University, Baku, Azerbaijan have signed Memorandum of Understanding (MoU) for academic cooperation with each other. From MAJU Dean, Faculty of Life Sciences, Dr Kamran Azim and Rector, Khizar Univ

Published 24 Sep, 2018 12:00am

Imran for indiscriminate action against corruption

Prime Minister Imran Khan Sunday directed the officers of the Punjab Anti-Corruption Department to take indiscriminate action against corruption and expose the corrupt elements. Chairing a meeting of the Directors of the Punjab Anti-Corruption Department

Published 24 Sep, 2018 12:00am

PM praises CM Punjab

Prime Minister Imran Khan addressed the provincial cabinet and secretaries meeting in the Chief Minister office here on Sunday. During his speech, he appreciated hard work and day and night efforts of the Chief Minister Punjab Sardar Usman Buzdar. Defendi

Published 24 Sep, 2018 12:00am

CM orders for taking flood control measures

Punjab Chief Minister Sardar Usman Buzdar has instructed Cabinet Sub Committee to take all necessary measures to control flood in the rivers Chenab and Jhelum in view of heavy rainfalls as predicted by the Flood Warning Centre. He said that all rescue and

Published 24 Sep, 2018 12:00am

Anti-polio drive in Karachi begins today

Mass immunization campaigns, known as National Immunization Days (NIDs), would be started from today (Monday) to administer anti-polio drops along with the supplement of Vitamin A to over 2.3 million children up to five years of age in all 188 union counc

Published 24 Sep, 2018 12:00am

Meeting with religious minister: Chinese embassy terms media reports baseless

Chinese Embassy in Pakistan has categorically rejected the baseless and distorted reports of some local and international media in connection with the courtesy meeting held between China Ambassador to Pakistan Yao Jing and Minister for Religious Affairs a

Published 24 Sep, 2018 12:00am

Minor earthquake jolts Lahore

A minor earthquake of 4.1 magnitudes on the Richter scale jolted the provincial capital and its adjoining areas on Sunday. The tremors were felt in Lahore, Sheikhupura, Sahiwal, Okara, Kasur and other areas. According to Pakistan Meteorological Department

Published 24 Sep, 2018 12:00am

RCB intensifies anti-encroachment drive

Rawalpindi Cantonment Board (RCB) confiscated 37 truckload goods including 74 handcarts, 167 counters and other items from different markets in its operations conducted against encroachments during September. According to RCB spokesman Qaiser Mahmood, a n

Published 24 Sep, 2018 12:00am

IGP seeks citizens' help in curbing crimes

Inspector General of Police (IGP) Sindh Dr Syed Kaleem Imam has sought the assistance of all the citizens to combat street crimes in the metropolis. In a statement issued on Sunday, he asked citizens to keep an eye on any suspicious activity in their area

Published 24 Sep, 2018 12:00am

Sargodha university, China's Lanzhou sign MoU

The University of Sargodha has signed a Memorandum of Understanding (MoU) with the Lanzhou University of China to enhance their collaboration in academic, educational and cultural spheres in the next five years. The agreement was concluded by Professor Ch

Published 24 Sep, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 14	277.83
USD PKR Interbank Buying / Nov 14	277.63
USD to Japanese Yen / Nov 14	155.86
USD to Swiss Franc / Nov 14	0.89
Pound Sterling to USD / Nov 14	1.27
Euro to USD / Nov 14	1.06

Stock	Volume
S&P 500 / Nov 13	5,985.38
Nasdaq / Nov 13	19,230.72
Dow Jones / Nov 13	43,958.19
India Sensex / Nov 14	77,517.41
Tokyo Nikkei / Nov 14	38,680.99
Hang Seng / Nov 14	19,503.42
FTSE 100 / Nov 14	8,042.72
Germany DAX 30 / Nov 14	19,122.26

Item	Value
Gold 10 Grams PKR / Nov 12	231,911
Karachi Cotton PKR/37.32 KG / Nov 13	18,085
Petrol/Litre / Nov 14	248.38
Crude Oil USD/Barrel / Nov 14	67.97
Gold Spot USD/Ounce / Nov 14	2,558.37
Diesel/Litre / Nov 14	255.14

Stock	Price
786 Invest Ltd / Nov 14 786 Investments Limited(786)	6.49 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 14 Al-Abbas Sugar Mills Limited(AABS)	599.28 ▼ 0.00 (0.00%)
Agro Allianz / Nov 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 14 Ali Asghar Textile Mills Limited(AATM)	62.51 ▼ 0.00 (0.00%)
Allied Bank / Nov 14 Allied Bank Limited(ABL)	114.80 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 14 Abbott Laboratories (Pakistan) Limited(ABOT)	1,019.78 ▼ 0.00 (0.00%)
Abson Ind. / Nov 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 14 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 14 786 Investments Limited(786)	6.49 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 14 Al-Abbas Sugar Mills Limited(AABS)	599.28 ▲ 0.00 (0.00%)
Agro Allianz / Nov 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 14 Ali Asghar Textile Mills Limited(AATM)	62.51 ▲ 0.00 (0.00%)
Allied Bank / Nov 14 Allied Bank Limited(ABL)	114.80 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 14 Abbott Laboratories (Pakistan) Limited(ABOT)	1,019.78 ▲ 0.00 (0.00%)
Abson Ind. / Nov 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 14 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 14 Worldcall Telecom Limited(WTL)	43,291,848 ▲ 0.00
Waves Home Appliances / Nov 14 Waves Home Appliances Limited(WAVESAPP)	33,201,636 ▲ 0.00
Pak Refinery / Nov 14 Pakistan Refinery Limited(PRL)	31,524,926 ▲ 0.00
K-Electric Ltd. / Nov 14 K-Electric Limited(KEL)	27,455,465 ▲ 0.00
Pak Elektron / Nov 14 Pak Elektron Limited(PAEL)	26,996,630 ▲ 0.00
Sui South Gas / Nov 14 Sui Southern Gas Company Limited(SSGC)	26,013,918 ▲ 0.00
The Searle Co. / Nov 14 The Searle Company Limited(SEARL)	25,704,933 ▲ 0.00
Pak Int.Bulk / Nov 14 Pakistan International Bulk Terminal(PIBTL)	23,694,836 ▲ 0.00
Secure Logistics / Nov 14 Secure Logistics Group Limited(SLGL)	23,623,241 ▲ 0.00

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