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Print - 2018-10-14
Customs value of self adhesive sticker paper revised

Customs value of self adhesive sticker paper revised

Directorate General Customs Valuation (DGCV) has revised the customs values of self adhesive sticker paper (thermal/ thermal transfer) in jumbo or mini roll. The Directorate after observing that self adhesive sticker paper (thermal/ thermal transfer) in j
Published 14 Oct, 2018 12:00am
Prices of essential kitchen items witness upward trend

Prices of essential kitchen items witness upward trend

Prices of essential kitchen items have further witnessed an increase during this week past as compared to preceding week, a survey conducted by Business Recorder revealed here on Saturday. The survey observed that during the week under review, pric
Published 14 Oct, 2018 12:00am
Abidi sent to jail on 14-day judicial remand

Abidi sent to jail on 14-day judicial remand

A court in Islamabad on Saturday sent former Pakistan Peoples Party senator Faisal Raza Abidi to prison on judicial remand. Police produced the former PPP leader before District and Sessions Judge Sohail Nasir after expiry of his two-day physical remand.
Published 14 Oct, 2018 12:00am
FPCCI elections: UBG to field candidates on all top slots

FPCCI elections: UBG to field candidates on all top slots

The United Businessman Group will field candidates for all top slots of president, senior vice president and vice presidents in the forthcoming annual elections of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI).
Published 14 Oct, 2018 12:00am
Yet another force to curb street crimes

Yet another force to curb street crimes

The Sindh Police has set up 'Street Watch Force' to stop street crimes in Karachi. The police department has prepared the force comprising 1,870 police personnel who will perform their duties on bikes to root out rising street crimes. Addressing the watch
Published 14 Oct, 2018 12:00am
Rally held on 'International Day for Natural Disaster Reduction'

Rally held on 'International Day for Natural Disaster Reduction'

To mark the International Day for Natural Disaster Reduction, a rally led by Deputy Commissioner Hyderabad Mohammad Aslam Soomro was carried out from Shahbaz Building to Gymkhana Hyderabad Saturday. The government officers, members of civil society, NGOs,
Published 14 Oct, 2018 12:00am
Carjacking incidents on the rise in Capital

Carjacking incidents on the rise in Capital

The federal capital witnessed an increase in incidents of theft and carjacking, as over nine cases of car lifting and eight cases of various kinds of theft were reported to various police stations of the city during the last week. The most 'favourite' are
Published 14 Oct, 2018 12:00am
Devaluation of rupee to bring storm of price hike
Currency

Devaluation of rupee to bring storm of price hike

The President Vegetable and Fruits Association of Hyderabad Altaf Memon has said that devaluation of Pakistani currency against US Dollar would bring storm of price hike on essential commodities. Talking to this scribe, Altaf Memon who also held the post
Published 14 Oct, 2018 12:00am
SHC seeks complete mechanism to improve investigation in criminal cases

SHC seeks complete mechanism to improve investigation in criminal cases

Sindh High Court (SHC) has sought the complete mechanism to bring improvement in investigation of criminal cases. A single bench of SHC headed by Justice Salahuddin Panhwar issuing order in a bail application of a criminal case directed provincial Home Se
Published 14 Oct, 2018 12:00am
'Clean and Green Pakistan' drive begins in Punjab

'Clean and Green Pakistan' drive begins in Punjab

Punjab Chief Minister Sardar Usman Buzdar Saturday dispelled the impression that somebody else was using powers of CM in Punjab, saying that he is a constitutional chief minister and using his powers as per the Constitution. He said this while talking to
Published 14 Oct, 2018 12:00am
PM's adviser for promoting 'Made-in-Pakistan' products

PM's adviser for promoting 'Made-in-Pakistan' products

Advisor to Prime Minister on Commerce, Textile, Industry, Production and Investment Abdul Razak Dawood Saturday said that 'Made-in-Pakistan' products would be promoted and made a buzzword to strengthen manufacturing sector. He was speaking at the Lahore C
Published 14 Oct, 2018 12:00am
Sindh fixes Rs 625/day: minimum wages for unskilled workers

Sindh fixes Rs 625/day: minimum wages for unskilled workers

Sindh government has declared the minimum rates of wages for unskilled adult and juvenile workers employed in all industrial/commercial establishments in Sindh with effect from July 1, 2018. According to the notification issued by Sindh government dated O
Published 14 Oct, 2018 12:00am
Imam undergoes left hand's finger surgery

Imam undergoes left hand's finger surgery

Pakistan's opening batsmen Imam ul Haq on Saturday underwent surgery on fifth finger of his left hand in a hospital in Dubai. "The surgery went smoothly and the batsman is back to his hotel room and will fly back home on Tuesday from Dubai", said a spokes
Published 14 Oct, 2018 12:00am
Sri Lankan Army win Miranshah cricket match

Sri Lankan Army win Miranshah cricket match

The peace-promoting series between Pakistan Army XI and Sri Lankan Army XI continued in Miranshah Cricket where the Sri Lankan Army won the second match of the series. The peace-promoting series between Pakistan Army XI and Sri Lankan Army XI is happening
Published 14 Oct, 2018 12:00am
Maradona lashes out at Messi in greatest player debate

Maradona lashes out at Messi in greatest player debate

Argentina great Diego Maradona has hit out at his countryman Lionel Messi, saying the forward is not a leader on the pitch and should not be considered a footballing God. Maradona, who along with Brazil's Pele is widely held to be one of the best players
Published 14 Oct, 2018 12:00am
China, India scoreless in friendly football match

China, India scoreless in friendly football match

In a scoreless 90-minute match India ran its Asian rival China to a draw in a Saturday night friendly football match, sparking outrage among China's legions of football-obsessed fans. The game in Suzhou, near Shanghai, was the first match between the two
Published 14 Oct, 2018 12:00am
England win rain-hit ODI against Sri Lanka

England win rain-hit ODI against Sri Lanka

Captain Eoin Morgan hit 92 decisive runs to guide England to a damp squib win over Sri Lanka with rain halting play for the second straight match in their one-day series. England were awarded a 31-run victory on a faster run rate after torrential downpour
Published 14 Oct, 2018 12:00am
Pant, Rahane give India control in second Test

Pant, Rahane give India control in second Test

Ajinkya Rahane and Rishabh Pant hit contrasting half-centuries to put India on course for a sizeable first innings lead against the West Indies in the second Test on Saturday. The hosts were 308 for four at stumps, trailing the West Indies by three runs a
Published 14 Oct, 2018 12:00am
Federer stunned by 13th seed in Shanghai

Federer stunned by 13th seed in Shanghai

Roger Federer admitted that he was lacking the "punch" of 13th-seeded Borna Coric after the Swiss great was turfed out of the Shanghai Masters semi-finals on Saturday. The Croatian stunned the 20-time Grand Slam champion 6-4, 6-4 in what was an unusually
Published 14 Oct, 2018 12:00am
Wang downs Svitolina, Muguruza

Wang downs Svitolina, Muguruza

China'a number one Wang Qiang staged an outstanding comeback Saturday to defeat former Wimbledon champion Garbine Muguruza 6-7 (5/7), 6-4, 7-5 and reach her first Hong Kong Open final. The world number 24 had already seen off Elina Svitolina just hours ea
Published 14 Oct, 2018 12:00am
Clean and Green Pakistan drive begins in Islamabad

Clean and Green Pakistan drive begins in Islamabad

Adviser to Prime Minister on Climate Change Malik Amin Aslam inaugurated Clean Green Pakistan campaign at Saidpur village in Islamabad Saturday. This event was jointly organised by UN-HABITAT, Akhtar Hameed khan Memorial Trust (AHKMT), Water supply & sani
Published 14 Oct, 2018 12:00am
Nusrat Fateh Ali Khan remembered

Nusrat Fateh Ali Khan remembered

The legendary King of Qawwali singer Nusrat Fateh Ali Khan was remembered on his 70th birth anniversary on Saturday. The maestro was born in Faisalabad on October 13 1948, into a family of qawwals being the fifth child of qawwal Fateh Ali Khan, private ne
Published 14 Oct, 2018 12:00am
Economic compulsion forced PTI government to approach IMF: Fawad

Economic compulsion forced PTI government to approach IMF: Fawad

Federal Minister for Information and Broadcasting Fawad Chaudhry on Saturday said that Pakistan Muslim League-Nawaz (PML-N) should search for a new leadership as the future of Sharif family was doubtful. Talking to the media in Islamabad on Saturday, he s
Published 14 Oct, 2018 12:00am
Handcuffing of PU professors: CJP accepts NAB DG's apology

Handcuffing of PU professors: CJP accepts NAB DG's apology

Chief Justice of Pakistan Mian Saqib Nisar accepted the apology of NAB Lahore DG Saleem Shehzad on Saturday for producing former vice chancellor Dr Mujahid Kamran and four other professors of the Punjab University before an accountability court in handcuf
Published 14 Oct, 2018 12:00am
PPP leader slams PTI government's policies

PPP leader slams PTI government's policies

Pakistan People's Party Parliamentarian Central Secretary Information Nafisa Shah said on Saturday that the government was making a new Pakistan by knocking at the door of IMF while handcuffing hands and feet of the country. She said this during a press c
Published 14 Oct, 2018 12:00am
LG system strengthens democracy: JI chief

LG system strengthens democracy: JI chief

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has said that democratic system could not be complete and strong in any country of the world without the local governments. According to media cell of JI at Mansoora, he was talking to a delegation of elected
Published 14 Oct, 2018 12:00am
Five dams proposed for Balochistan: PHE official

Five dams proposed for Balochistan: PHE official

A senior official of Planning and Design PHE Department Balochistan Saturday said that five dams have been proposed in Balochistan to counter water scarcity and steps will be taken under the plan to end water crisis in the province by 2030.
Published 14 Oct, 2018 12:00am
Luban cyclone likely to strike Yemen coast today

Luban cyclone likely to strike Yemen coast today

The severe cyclonic storm - Luban is now likely to make strike Mukalla coast of Yemen on Sunday evening, as it is swirling into western direction, the Met Office said on Saturday. The Luban in southwest Arabian Sea has tracked more west-northwestwards and
Published 14 Oct, 2018 12:00am
Two more children become victim of malnutrition in Thar

Two more children become victim of malnutrition in Thar

Two more children died of malnutrition and other waterborne and viral diseases on Saturday at Civil Hospital, Mithi. According to health officials, total death count of children due to malnutrition and other diseases in the drought-stricken district of Si
Published 14 Oct, 2018 12:00am
NFC award: Sherpao vows to resist attempt to slash provinces' share

NFC award: Sherpao vows to resist attempt to slash provinces' share

Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao said that his party would resist the bid to slash the share of the provinces in the National Finance Commission (NFC) award as it would deepen the sense of deprivation among the smaller units of th
Published 14 Oct, 2018 12:00am
Pakistan calls for protection of children in IHK

Pakistan calls for protection of children in IHK

Pakistan's permanent representative to United Nations Ambassador Maleeha Lodhi has said that children living in conflict area and under foreign occupation should be provided protection. Speaking during a debate in the General Assembly's Third Committee on
Published 14 Oct, 2018 12:00am
Passing out parade held at PMA Kakul

Passing out parade held at PMA Kakul

Passing out parade was held at PMA Kakul. Cadets of 138th PMA Long Course, 57th Integrated Course, 30th Technical Graduate Course and Grade 37 got commissioned as officers. The cadets from Saudi Arabia, Nepal, Sri Lanka, Palestine and Libya were also amon
Published 14 Oct, 2018 12:00am
By-poll on Karachi's NA seat vacated by PM today

By-poll on Karachi's NA seat vacated by PM today

The by-election for NA-243 Karachi East-II, PS-87 Malir-I and PS-30 Khairpur-V would be held today as the Election Commission of Pakistan (ECP) has finalized all arrangements in this regard. According to the ECP, some 884437 registered voters would exerci
Published 14 Oct, 2018 12:00am
PTI's Ahmad Khan wins PP-87 seat

PTI's Ahmad Khan wins PP-87 seat

Pakistan Tehreek-e-Insaf's (PTI) candidate Ahmad Khan has been declared winner unopposed by the EC of Pakistan (ECP) from PP-87 Mianwali-III.
Published 14 Oct, 2018 12:00am
PK-53 Mardan-6: Neck and neck contest likely between ANP, PTI candidates

PK-53 Mardan-6: Neck and neck contest likely between ANP, PTI candidates

A tough contest is likely between Awami National Party (ANP) and Pakistan Tehreek-e-Insaf (PTI) candidates on provincial constituency PK-53, Mardan-6, in the by election which will be held on October 14 (today). This constituency is included by some urban
Published 14 Oct, 2018 12:00am
Members of BAC to be substituted on rotation: Dawood

Members of BAC to be substituted on rotation: Dawood

Members of the Business Advisory Council (BAC) will be substituted on rotational basis after head of the Council Abdul Razak Dawood promised with new aspirants to accommodate them after three months, said sources. Interestingly, those not being accommodat
Published 14 Oct, 2018 12:00am
KPEZDMC keen to launch Rashakai SEZs: CEO

KPEZDMC keen to launch Rashakai SEZs: CEO

Chief Executive Officers, of the Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC), Saeed Ahmad said that KPEZDMC is very keen on launching Rashakai prioritized Special Economic Zone (SEZs), which would create thousands of job
Published 14 Oct, 2018 12:00am
Dollar gains broadly on stocks bounce, China's data
Currency

Dollar gains broadly on stocks bounce, China's data

The dollar climbed on Friday against a basket of currencies as global equity prices rebounded from this week's rout and robust Chinese export figures soothed worries about the world's second-biggest economy and its trade war with Washington. Euro and ster
Published 14 Oct, 2018 12:00am
Global regulators say crypto currencies need vigilant monitoring

Global regulators say crypto currencies need vigilant monitoring

Crypto assets such as bitcoin do not pose a threat to financial stability but monitoring is needed along with possible action to protect consumers, the global Financial Stability Board said on Wednesday. While price increases in crypto assets have been la
Published 14 Oct, 2018 12:00am
Cryptocurrency theft hits nearly $1 billion
Currency

Cryptocurrency theft hits nearly $1 billion

Theft of cryptocurrencies through hacking of exchanges and trading platforms soared to $927 million in the first nine months of the year, up nearly 250 percent from the level seen in 2017, according to a report from US-based cyber security firm CipherTrac
Published 14 Oct, 2018 12:00am
Bitcoin neutral in $6,465-$6,646 range

Bitcoin neutral in $6,465-$6,646 range

Bitcoin still looks neutral in a range of $6,465-$6,646, and an escape could suggest a direction. The range is formed by the 61.8 percent and the 50 percent retracements of the uptrend from $5,880 to $7,411.85. A break above $6,646 could lead to a gain to
Published 14 Oct, 2018 12:00am
UAE plans initial coin offerings
Currency

UAE plans initial coin offerings

The United Arab Emirates plans to introduce initial coin offerings (ICOs) next year to provide companies with a fresh way to raise money, the head of the securities regulator said on Monday. In ICOs, companies issue cryptocurrency tokens to investors, in
Published 14 Oct, 2018 12:00am
Canadian dollar steadies
Currency

Canadian dollar steadies

The Canadian dollar was little changed against a broadly stronger greenback on Friday as oil and stock prices rebounded, but the loonie lost ground for the week as investors worried about threats to the global growth outlook. At 3:47 p.m. (1947 GMT), the
Published 14 Oct, 2018 12:00am
Wall Street rebounds with technology stocks leading the way

Wall Street rebounds with technology stocks leading the way

The US benchmark S&P 500 stock index snapped a six-day losing streak on Friday as technology stocks recovered after a week of losses, with investors looking for bargains ahead of the third quarter earnings reporting season. Even the hard-hit S&P500 energy
Published 14 Oct, 2018 12:00am
Italy borrowing costs hit five-year high in bond auction
Currency

Italy borrowing costs hit five-year high in bond auction

Italy paid its highest borrowing rate in five years in a bond auction on Thursday after its new populist government alarmed investors by tripling the budget deficit target for next year. Some investors fear Rome is sowing the seeds of a future debt crisis
Published 14 Oct, 2018 12:00am
Italy borrowing costs hit five-year high in bond auction
Currency

Italy borrowing costs hit five-year high in bond auction

Italy paid its highest borrowing rate in five years in a bond auction on Thursday after its new populist government alarmed investors by tripling the budget deficit target for next year. Some investors fear Rome is sowing the seeds of a future debt crisis
Published 14 Oct, 2018 12:00am
Tunis bourse hopes for state IPOs to draw investors

Tunis bourse hopes for state IPOs to draw investors

Tunisia's stock index is up an impressive 20 percent this year, but is being held back by the fact that the biggest firms are all state-owned and unable to attract private investment, according to the head of the Tunis Stock Exchange. A market capitalisat
Published 14 Oct, 2018 12:00am
India's NSE index off to its worst start in a decade
Currency

India's NSE index off to its worst start in a decade

India's benchmark NSE index is off to its weakest start to the October quarter since 2008 after a global sell-off on Thursday further dented investor sentiment just as the Indian economy enters its peak-demand festive season. Across the globe, share marke
Published 14 Oct, 2018 12:00am
Green bonds are fertile spot for climate activists

Green bonds are fertile spot for climate activists

Buyers of green bonds could become the next wave of activist investors. Debt earmarked for environment-friendly uses comes with more strings attached than today's "covenant-lite" offerings, characteristic of private-equity-led buyouts. With up to $60 tril
Published 14 Oct, 2018 12:00am
Green bonds are fertile spot for climate activists

Green bonds are fertile spot for climate activists

Buyers of green bonds could become the next wave of activist investors. Debt earmarked for environment-friendly uses comes with more strings attached than today's "covenant-lite" offerings, characteristic of private-equity-led buyouts. With up to $60 tril
Published 14 Oct, 2018 12:00am
Offshore investors buy more China policy bank bonds

Offshore investors buy more China policy bank bonds

Offshore holdings of bonds issued by China's policy banks rose to a new high in September after the cabinet announced a tax-rule change aimed at attracting more foreign participants to the world's third-largest bond market.
Published 14 Oct, 2018 12:00am
Offshore investors buy more China policy bank bonds

Offshore investors buy more China policy bank bonds

Offshore holdings of bonds issued by China's policy banks rose to a new high in September after the cabinet announced a tax-rule change aimed at attracting more foreign participants to the world's third-largest bond market.
Published 14 Oct, 2018 12:00am
US senators urge India to soften data localisation stance

US senators urge India to soften data localisation stance

Two US senators have called on Indian Prime Minister Narendra Modi to soften India's stance on data localisation, warning that measures requiring it represent "key trade barriers" between the two nations. In a letter to Modi dated Friday and seen by Reute
Published 14 Oct, 2018 12:00am
Gandhi statue sparks controversy in Malawi

Gandhi statue sparks controversy in Malawi

Over 3,000 people have signed a petition opposing a planned statue of Mahatma Gandhi in Malawi's commercial capital Blantyre, saying the Indian independence hero had done nothing for the southern African country. Work on the statue began two months ago al
Published 14 Oct, 2018 12:00am
MeToo claims hit head of India's cricket board

MeToo claims hit head of India's cricket board

The chief executive of India's powerful cricket board has been given a week to explain allegations of sexual harassment against him, as the country's fledgling MeToo movement gathers pace. Rahul Johri, CEO of the Board of Control for Cricket in India (BCC
Published 14 Oct, 2018 12:00am
Freed US pastor home from Turkey, due at White House

Freed US pastor home from Turkey, due at White House

An American pastor held for two years in Turkey on terror-related charges arrived home in the United States on Saturday, where he was to meet with US President Donald Trump, who signaled an easing in the diplomatic crisis sparked by the case. Andrew Bruns
Published 14 Oct, 2018 12:00am
New Syria law expands state regulation of religious affairs

New Syria law expands state regulation of religious affairs

Syrian President Bashar al-Assad has signed into law a new bill expanding the powers of a government ministry overseeing religious affairs and limiting the term of the country's top Muslim cleric. The draft, which state media reported Assad had signed int
Published 14 Oct, 2018 12:00am
Turkey changes road name for new US embassy

Turkey changes road name for new US embassy

Turkey on Saturday renamed the road where the new US embassy is to be located after the American black Muslim civil rights campaigner Malcolm X, its latest use of a politically-loaded name for the street of a foreign mission.
Published 14 Oct, 2018 12:00am
Tens of thousands stage anti-racism march in Berlin

Tens of thousands stage anti-racism march in Berlin

Tens of thousands of people marched in Berlin Saturday in a protest against racism amid growing concern over xenophobic incidents in the east of the country. Organisers said at least 242,000 people turned out for the rally. Police spoke of "several tens o
Published 14 Oct, 2018 12:00am
At least 14 killed in bomb attack on Afghan election rally

At least 14 killed in bomb attack on Afghan election rally

A motorcycle carrying explosives blew up among supporters of an Afghan election candidate on Saturday, killing at least 14 people, officials said, in the latest attack on a political rally. Violence related to the parliamentary vote has killed or wounded
Published 14 Oct, 2018 12:00am
Snowstorm kills nine climbers

Snowstorm kills nine climbers

Nine members of a South Korean climbing expedition were killed after a violent snowstorm swept them off a cliff on Nepal's Mount Gurja, one of the deadliest mountaineering accidents to hit the Himalayan nation in recent years. The bodies of eight climbers
Published 14 Oct, 2018 12:00am
World's central bankers feel the heat as populists demand easy fix

World's central bankers feel the heat as populists demand easy fix

Central bankers from the United States to Europe are coming under pressure from their governments to loosen their purse strings again as a decade of accelerating economic growth and booming markets fuelled by cheap cash comes to an end. For 10 years since
Published 14 Oct, 2018 12:00am
Qatari banks raise over $1 billion in privately placed bonds

Qatari banks raise over $1 billion in privately placed bonds

Qatar National Bank, the largest bank by assets in the Middle East and Africa, and Qatar Islamic Bank, the Gulf state's largest sharia-compliant lender by assets, have raised a combined $1.3 billion in privately placed bonds, sources familiar with the mat
Published 14 Oct, 2018 12:00am
Qatari banks raise over $1 billion in privately placed bonds

Qatari banks raise over $1 billion in privately placed bonds

Qatar National Bank, the largest bank by assets in the Middle East and Africa, and Qatar Islamic Bank, the Gulf state's largest sharia-compliant lender by assets, have raised a combined $1.3 billion in privately placed bonds, sources familiar with the mat
Published 14 Oct, 2018 12:00am
CEO of electronics retailer Ceconomy quits

CEO of electronics retailer Ceconomy quits

Ceconomy, Europe's biggest consumer electronics retailer, said its chief executive will leave with immediate effect and it will also look for a new finance chief after its shares tumbled on a string of profit warnings. Ceconomy, which runs more than 1,000
Published 14 Oct, 2018 12:00am
War and drought produce Syria's smallest wheat crop in 30 years: UN

War and drought produce Syria's smallest wheat crop in 30 years: UN

Syria's wheat crop this year was the smallest in three decades as war and drought cut production by around 30 percent, the United Nations Food and Agriculture Organization said on Tuesday. Output of 1.2 million tonnes in 2018 was the lowest since 1989 and
Published 14 Oct, 2018 12:00am
Active buying by mills keeps cotton prices firm
Cotton

Active buying by mills keeps cotton prices firm

Sustained buying by mills helped the rates to retain firmness on the cotton market on Saturday in the process of trading activity, dealers said. The official spot rate was unchanged at Rs 8500, they added. Prices of seed cotton in Sindh were at Rs 3700-40
Published 14 Oct, 2018 12:00am
Chinese steel prices recover from losses to edge up

Chinese steel prices recover from losses to edge up

China's construction steel futures recovered from the steep declines seen across international commodity and equity markets to close higher on Thursday, as possible Chinese production curbs ahead of winter remained in focus. Asian share markets sank on Th
Published 14 Oct, 2018 12:00am
China's September crude imports mark highest in four months

China's September crude imports mark highest in four months

China's daily crude oil imports in September hit their highest level since May, customs data showed on Friday, as independent refiners looked to shore up their inventory ahead of winter. Shipments into the country last month stood at 37.12 million tonnes,
Published 14 Oct, 2018 12:00am
Copper imports jump on scrap crackdown, open arb window

Copper imports jump on scrap crackdown, open arb window

China's unwrought copper imports surged to their highest in 2-1/2 years in September, while copper concentrate imports climbed an all-time high as the world's top copper consumer's crackdown on scrap leaves it needing other forms of the metal. China's imp
Published 14 Oct, 2018 12:00am
Dubai's DMCC to launch coffee centre

Dubai's DMCC to launch coffee centre

The Dubai Multi Commodities Centre (DMCC) will next month launch a centre to handle shipments of coffee from Latin America, China, Africa and Greece, executive chairman Ahmed Bin Sulayem said on Monday. "We are looking to launch the Coffee Centre in Novem
Published 14 Oct, 2018 12:00am
Philippines to scrap caps on rice imports

Philippines to scrap caps on rice imports

The Philippines is gearing up to scrap more than two-decade-old caps on rice imports in the face of raging inflation and the possible threat of trade sanctions over the policy, a revamp that could bring relief to consumers but pain to farmers. The move wo
Published 14 Oct, 2018 12:00am
China aluminium exports to surge on trade war

China aluminium exports to surge on trade war

Chinese aluminium exports are expected to surge in coming months and next year after Beijing boosted tax rebates as part of a package to soften the impact of a trade war with the United States, according to industry consultancy CRU. High Chinese exports o
Published 14 Oct, 2018 12:00am
Chile eyes new copper markets

Chile eyes new copper markets

Chile aims to find new copper markets and expand its lithium industry as it seeks to shield its economy from a US-China trade war, the mining minister of the world's biggest copper producer said on Monday. Baldo Prokurica also told Reuters the South Ameri
Published 14 Oct, 2018 12:00am
India to export raw sugar for first time in three years

India to export raw sugar for first time in three years

Indian sugar mills have signed deals to export raw sugar for the first time in three years as a rally in New York prices to seven-month highs along with government subsidies made exports lucrative, five dealers and two industry officials told Reuters. Mil
Published 14 Oct, 2018 12:00am
Nickel, copper seen recovering

Nickel, copper seen recovering

Nickel, the top performing industrial metal this year, is expected to recover recent losses in the second half of the year, a Reuters poll showed. The price of nickel, used in stainless steel and an ingredient in electric vehicle batteries, has gained 7 p
Published 14 Oct, 2018 12:00am
France cuts sugar beet, maize crop forecasts

France cuts sugar beet, maize crop forecasts

France's farm ministry on Tuesday further cut its forecasts of the country's 2018 sugar beet and maize production to take account of damage from scorching summer weather, as harvesting of the crops progresses in the European Union's largest grower.
Published 14 Oct, 2018 12:00am
Messages from IEC President, ISO President and ITU Secretary-General

Messages from IEC President, ISO President and ITU Secretary-General

Just as standards were crucial during the first industrial revolution, over 250 years ago, they will also play a critical role in the fourth. The Fourth Industrial Revolution refers to the emerging technologies, which are blurring the traditional boundari
Published 14 Oct, 2018 12:00am
International Standards and the Fourth Industrial Revolution

International Standards and the Fourth Industrial Revolution

ISO celebrate world standards day every year throughout world, It is indeed a matter of great pleasure for Pakistan Government to take an active part in the celebration world Standards Day in Pakistan on this important day the consumer of Pakistan must kn
Published 14 Oct, 2018 12:00am
BETA PIPES: Shafisons Engineering (Private) Limited

BETA PIPES: Shafisons Engineering (Private) Limited

Shafisons Engineering (Private) Limited (SSEPL) created ripples in the field of Engineering Plastics in year 1994 by launching of brand, "BETA PIPES". Our business activities are focused on the development, manufacturing and distribution of plastic pipe s
Published 14 Oct, 2018 12:00am
Hamdard Laboratories (Waqf) Pakistan

Hamdard Laboratories (Waqf) Pakistan

Hamdard is among those successful enterprises in South Asia that have had modest beginnings but, within a short span of time, achieved the status of a renowned name. Established by an accomplished pharmacist and physician of Tibb-i-Unani, Hakim Hafiz Abdu
Published 14 Oct, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (October 13, 2018).

Published 14 Oct, 2018 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

The rupee moved both ways against the dollar on the money market on Saturday in the process of trading activity, dealers said.
Published 14 Oct, 2018 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

The rupee moved both ways against the dollar on the money market on Saturday in the process of trading activity, dealers said.
Published 14 Oct, 2018 12:00am
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