News Archives for Print - 2018-10-22

The Weather

The weather report on Sunday (October 21, 2018) and the forecast for Monday (October 22, 2018).

Published 22 Oct, 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 22 Oct, 2018 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (October 15 to 19, 2018).

Published 22 Oct, 2018 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 22 Oct, 2018 12:00am

'Bad news': CO2 emissions to rise in 2018: IEA chief

Energy sector carbon emissions will rise in 2018 after hitting record levels the year before, dimming prospects for meeting Paris climate treaty goals, the head of the International Energy Agency (IEA) said on Wednesday. The energy sector accounts for 80

Published 22 Oct, 2018 12:00am

India reports 80 Zika cases including 22 pregnant women

India has reported an outbreak of the Zika virus with 80 confirmed cases since last month including 22 pregnant women in the western state of Rajasthan, officials said Wednesday. India, where the Aedes aegypti mosquito which carries Zika and other viruses

Published 22 Oct, 2018 12:00am

'Year of extremes' for shrinking Swiss glaciers in 2018

Despite an exceptionally snow-filled winter, Swiss glaciers have lost 2.5 percent of their volume this year, according to a report on Tuesday which dubbed 2018 "a year of extremes". This year's record-breaking temperatures have greatly contributed to the

Published 22 Oct, 2018 12:00am

UN warns of 'perfect storm' of hunger, climate change

A potent combination of hunger, climate change and man-made conflicts are creating a "perfect storm", the head of the UN's food arm warned on Tuesday in a call to action on World Food Day. "You've got a nightmare, the perfect storm heading your way," Davi

Published 22 Oct, 2018 12:00am

Huawei unveils HUAWEI Mate 20 series

Huawei Consumer Business Group (BG) Oct 16 unveiled the HUAWEI Mate 20 Series. Available in 6.53-inch, 6.39-inch and 7.2-inch sizes, the HUAWEI Mate 20 Series encompasses four devices: HUAWEI Mate 20, HUAWEI Mate 20 Pro, HUAWEI Mate 20 X and PORSCHE DESIG

Published 22 Oct, 2018 12:00am

Apple gives US users tool to see what data it has collected

Apple Inc on Wednesday rolled out an online tool to users in the United States and several other countries to download, change or delete all the data that the iPhone maker has collected on them. Apple updated its privacy website with the tool, which was u

Published 22 Oct, 2018 12:00am

ARM & Intel make peace to secure Internet of Things

Rival semiconductor giants ARM and Intel have agreed to work together to manage networks of connected devices from both firms, clearing a major stumbling block to market growth of the so-called Internet of Things (IoT). Britain's ARM, a unit of Japan's So

Published 22 Oct, 2018 12:00am

Robot for postman, shopper, builder in Japan

Forget the flashy humanoids with their gymnastics skills: at the World Robot Summit in Tokyo, the focus was on down-to-earth robots that can deliver post, do the shopping and build a house. Introducing CarriRo, a delivery robot shaped a bit like a toy Lon

Published 22 Oct, 2018 12:00am

Currency

Infosys sticks to revenue growth as quarterly profit rises

Infosys Ltd retained its revenue forecast for the current financial year, with the chief of India's second largest IT firm saying the demand for its services remained strong. Infosys was beginning to make progress on a three-year roadmap, Chief Executive

Published 22 Oct, 2018 12:00am

Currency

Infosys sticks to revenue growth as quarterly profit rises

Infosys Ltd retained its revenue forecast for the current financial year, with the chief of India's second largest IT firm saying the demand for its services remained strong. Infosys was beginning to make progress on a three-year roadmap, Chief Executive

Published 22 Oct, 2018 12:00am

Siemens Gamesa reshuffles top management after year-long board battle

Wind turbine maker Siemens Gamesa announced a reshuffle of its top management on Tuesday, part of a bid to advance an ambitious cost-saving plan after a year-long board battle over issues ranging from suppliers to leadership.

Published 22 Oct, 2018 12:00am

TSMC Q3 profit slips 0.9 percent

Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker, reported a 0.9 percent fall in third-quarter net profit, amid worries over trade tensions that could undermine global technology demand.

Published 22 Oct, 2018 12:00am

TSMC Q3 profit slips 0.9 percent

Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker, reported a 0.9 percent fall in third-quarter net profit, amid worries over trade tensions that could undermine global technology demand.

Published 22 Oct, 2018 12:00am

AstraZeneca halts UK investments due to Brexit

AstraZeneca has suspended investments in Britain due to the lack of clarity over the country's departure from the European Union, the pharmaceutical firm's non-executive chairman Leif Johansson told France's Le Monde newspaper. British Prime Minister Ther

Published 22 Oct, 2018 12:00am

Omnicom beats on profit after digital shift

US advertising company Omnicom Group Inc topped Wall Street expectations for profit in the third quarter as it cut jobs and shifted focus towards digital marketing to better compete with Google and Facebook. Revenue at the owner of the BBDO and OMD advert

Published 22 Oct, 2018 12:00am

Omnicom beats on profit after digital shift

US advertising company Omnicom Group Inc topped Wall Street expectations for profit in the third quarter as it cut jobs and shifted focus towards digital marketing to better compete with Google and Facebook. Revenue at the owner of the BBDO and OMD advert

Published 22 Oct, 2018 12:00am

BlackRock profit beats on demand for low-risk funds

BlackRock Inc reported a better-than-expected quarterly profit on Tuesday, as more people poured money in its low-risk funds amid heightened trade tensions between Beijing and Washington. More investors, however, pulled out money from the asset manager's

Published 22 Oct, 2018 12:00am

BlackRock profit beats on demand for low-risk funds

BlackRock Inc reported a better-than-expected quarterly profit on Tuesday, as more people poured money in its low-risk funds amid heightened trade tensions between Beijing and Washington. More investors, however, pulled out money from the asset manager's

Published 22 Oct, 2018 12:00am

Shell sells Danish upstream assets to Norwegian Energy for $1.9 billion

Royal Dutch Shell has agreed to sell its Danish upstream business to Norwegian Energy (Noreco) for $1.9 billion as part of its wider divestment strategy, the company said on Wednesday. The sale brings Shell's three-year $30 billon divestment plan close to

Published 22 Oct, 2018 12:00am

Currency

Ericsson tops Q3 forecasts as savings and 5G sales kick in

Mobile telecom equipment maker Ericsson beat third-quarter operating profit forecasts on Thursday, boosted by sales of next-generation 5G gear in North America, and said it was making solid progress towards its long-term financial goals.

Published 22 Oct, 2018 12:00am

Currency

Ericsson tops Q3 forecasts as savings and 5G sales kick in

Mobile telecom equipment maker Ericsson beat third-quarter operating profit forecasts on Thursday, boosted by sales of next-generation 5G gear in North America, and said it was making solid progress towards its long-term financial goals.

Published 22 Oct, 2018 12:00am

Abbott Labs quarterly profit falls

Abbott Laboratories reported a 6.6 percent drop in quarterly profit on Wednesday, hurt by higher tax expense on earnings. Shares of the company, whose products range from nutritional products to glucose monitoring devices, fell 2.1 percent to $69.51 in pr

Published 22 Oct, 2018 12:00am

Abbott Labs quarterly profit falls

Abbott Laboratories reported a 6.6 percent drop in quarterly profit on Wednesday, hurt by higher tax expense on earnings. Shares of the company, whose products range from nutritional products to glucose monitoring devices, fell 2.1 percent to $69.51 in pr

Published 22 Oct, 2018 12:00am

Abu Dhabi Commercial Bank Q3 profit up 5.5 percent

Abu Dhabi Commercial Bank (ADCB), which is in merger talks with two other banks, on Sunday reported a 5.5 percent rise in third-quarter profit, roughly in line with analyst forecasts. ADCB made a net profit of 1.15 billion dirhams ($313.1 million) in the

Published 22 Oct, 2018 12:00am

Abu Dhabi Commercial Bank Q3 profit up 5.5 percent

Abu Dhabi Commercial Bank (ADCB), which is in merger talks with two other banks, on Sunday reported a 5.5 percent rise in third-quarter profit, roughly in line with analyst forecasts. ADCB made a net profit of 1.15 billion dirhams ($313.1 million) in the

Published 22 Oct, 2018 12:00am

Ban on foreign buyers seen poor answer to New Zealand's housing shortage

Many foreigners will be banned from buying homes in New Zealand from Monday, unless they are newly built apartments, as the Labour-led government fulfils an election promise that critics say could be a popular but won't solve the lack of affordable housin

Published 22 Oct, 2018 12:00am

Barnier plays down 'backstop' checks on Northern Irish trade

The EU's chief Brexit negotiator Michel Barnier stood firm on the need for checks on goods shipped from mainland Britain to Northern Ireland after Brexit, while insisting this would not amount to a new border, in an interview published on Sunday. Negotiat

Published 22 Oct, 2018 12:00am

Currency

At Jordan border, Damascus seeks to revive regional trade

By reopening a key land crossing with Jordan this month, the Syrian regime is inching towards a return to trade with the wider region as it looks to boost its war-ravaged economy. The government of President Bashar al-Assad took back control of the Nassib

Published 22 Oct, 2018 12:00am

Bombardier sues Mitsubishi jet plan over trade secrets

Canadian airplane maker Bombardier Inc has sued the aircraft unit of Japan's Mitsubishi Heavy Industries Ltd, saying former Bombardier employees passed on trade secrets to help Mitsubishi's oft-delayed regional jet project. Bombardier filed the lawsuit la

Published 22 Oct, 2018 12:00am

China-backed hydro dam threatens world's rarest orangutan

A billion-dollar hydroelectric dam development in Indonesia that threatens the habitat of the world's rarest great ape has sparked fresh concerns about the impact of China's globe-spanning infrastructure drive. The site of the dam in the Batang Toru rainf

Published 22 Oct, 2018 12:00am

Currency

Indonesia to renegotiate fighter jet deal with South Korea to ease FX burden

Indonesia is seeking "lighter" financial terms in a renegotiated project with South Korea to jointly develop a mid-level fighter jet, in a move aimed at supporting the rupiah by reducing use of the country's foreign exchange reserves, a senior Indonesian

Published 22 Oct, 2018 12:00am

Italy economy almost stagnated in third quarter

The Italian economy grew just 0.1 percent in the third quarter of this year from the previous three months as industrial output stagnated, the Bank of Italy estimated on Friday. Recent data has pointed to slowing activity in the euro zone's third largest

Published 22 Oct, 2018 12:00am

Australia to double jail terms for white-collar crimes

Australia said Sunday jail terms for white-collar crimes would be doubled and penalties against misbehaving companies sharply increased in a further fallout from a scathing inquiry into the finance sector. A Royal Commission was called by Canberra late la

Published 22 Oct, 2018 12:00am

Goldman Sachs changing Asia investment banking leadership

Goldman Sachs Group Inc's veteran banker Todd Leland will become Asia investment banking head, a person with knowledge of the matter said on Sunday, adding to leadership changes at the bank since Chief Executive Officer David Solomon took over this month.

Published 22 Oct, 2018 12:00am

Goldman Sachs changing Asia investment banking leadership

Goldman Sachs Group Inc's veteran banker Todd Leland will become Asia investment banking head, a person with knowledge of the matter said on Sunday, adding to leadership changes at the bank since Chief Executive Officer David Solomon took over this month.

Published 22 Oct, 2018 12:00am

Currency

Japan's Daido Life plans to raise foreign corporate bond holdings

Japan's Daido Life Insurance plans to increase its holdings of stocks and foreign corporate bonds in the second half of its financial year to March, a senior company executive said on Wednesday. Within foreign bonds, Daido plans to step up holdings of mai

Published 22 Oct, 2018 12:00am

Currency

Japan's Daido Life plans to raise foreign corporate bond holdings

Japan's Daido Life Insurance plans to increase its holdings of stocks and foreign corporate bonds in the second half of its financial year to March, a senior company executive said on Wednesday. Within foreign bonds, Daido plans to step up holdings of mai

Published 22 Oct, 2018 12:00am

Currency

Uncertain Brexit endgame keeps big sterling bets off agenda

London and Brussels are nearing the Brexit endgame, but sterling may be subject to big swings regardless of whether they soon cut a deal - keeping investors looking to bet on the next big direction for the currency on their toes. The pound rose last week

Published 22 Oct, 2018 12:00am

Currency

Most cryptocurrency offerings trading below listing price

Almost a third of all cryptocurrencies that were financed through online fundraisers last year have lost "substantially all value," while the vast majority are trading below their listing price, according to an Ernst & Young report published on Friday.

Published 22 Oct, 2018 12:00am

UK funds boost US stock holdings to five-year high

British investors increased their US equity holdings to the highest in at least five years in September, citing positive growth and earnings trends, with a majority doubting that a Trump impeachment would trigger a stock-market crash. Reuters' monthly ass

Published 22 Oct, 2018 12:00am

UK funds boost US stock holdings to five-year high

British investors increased their US equity holdings to the highest in at least five years in September, citing positive growth and earnings trends, with a majority doubting that a Trump impeachment would trigger a stock-market crash. Reuters' monthly ass

Published 22 Oct, 2018 12:00am

Investors gloomiest on world growth in decade, cut US equity holdings

Global investors have the most pessimistic outlook on the world economy since the 2008 financial crisis, according to Bank of America Merrill Lynch's monthly survey, which also showed a sharp fall in US equity allocations.

Published 22 Oct, 2018 12:00am

Investors gloomiest on world growth in decade, cut US equity holdings

Global investors have the most pessimistic outlook on the world economy since the 2008 financial crisis, according to Bank of America Merrill Lynch's monthly survey, which also showed a sharp fall in US equity allocations.

Published 22 Oct, 2018 12:00am

Stone to lure Buffett with $1.1 billion Nasdaq IPO

Brazilian card processor Stone Co Ltd filed on Tuesday for an initial public offering on Nasdaq that may raise up to $1.1 billion and lure Warren Buffett's Berkshire Hathaway Inc as a shareholder, according to a securities filing. Berkshire Hathaway and s

Published 22 Oct, 2018 12:00am

Stone to lure Buffett with $1.1 billion Nasdaq IPO

Brazilian card processor Stone Co Ltd filed on Tuesday for an initial public offering on Nasdaq that may raise up to $1.1 billion and lure Warren Buffett's Berkshire Hathaway Inc as a shareholder, according to a securities filing. Berkshire Hathaway and s

Published 22 Oct, 2018 12:00am

Weaker China demand, regulation spell tough quarter for Europe's auto stocks

Goldman Sachs analysts said slowing car demand in China and new fuel consumption regulations were hurting investors' sentiment towards European autos stocks and warned this results season could be challenging, hitting shares in the sector on Wednesday.

Published 22 Oct, 2018 12:00am

Weaker China demand, regulation spell tough quarter for Europe's auto stocks

Goldman Sachs analysts said slowing car demand in China and new fuel consumption regulations were hurting investors' sentiment towards European autos stocks and warned this results season could be challenging, hitting shares in the sector on Wednesday.

Published 22 Oct, 2018 12:00am

Foreigners sell net $1.1 billion of Saudi stocks

Foreigners sold a net 4.01 billion riyals ($1.07 billion) in Saudi stocks in the week ending Oct. 18, exchange data showed on Sunday - one of the biggest selloffs since the market opened to direct foreign buying in mid-2015. The selloff came during a week

Published 22 Oct, 2018 12:00am

Currency

Saudi stocks up after account of Khashoggi death

Saudi Arabia's stock market survived an early sell-off to close in positive territory on Sunday after the kingdom said Saudi dissident Jamal Khashoggi died in a fight at its consulate in Istanbul. The Saudi index closed up 0.2 percent after falling as muc

Published 22 Oct, 2018 12:00am

Currency

Australian, New Zealand dollars seen weathering global trade squall

Foreign exchange analysts have trimmed their forecasts for the Australian and New Zealand dollars, but most still seem confident they can weather the worst of President Donald Trump's tariff-inspired trade disputes.

Published 22 Oct, 2018 12:00am

Wall Street week ahead: with market on edge, investors look to technology trio

The pressure is on for Amazon, Alphabet and Microsoft as they prepare to report quarterly results at a time when confidence in those market leaders looks increasingly fragile and in danger of derailing Wall Street's rally.

Published 22 Oct, 2018 12:00am

Britain's Edmund wins first ATP title in Antwerp

British number one Kyle Edmund fought back to down Gael Monfils in a final-set tie-break and claim his maiden ATP Tour title at the European Open in Antwerp on Sunday. The 3-6, 7-6 (7/2), 7-6 (7/4) victory caps a breakthrough season for the 23-year-old an

Published 22 Oct, 2018 12:00am

Messi to miss three weeks after fracturing right arm

Lionel Messi is expected to be out for three weeks after fracturing his right arm during Barcelona's win over Sevilla on Saturday. Messi will now miss Barca's Champions League game at home to Inter Milan on Wednesday, as well as the season's first Clasico

Published 22 Oct, 2018 12:00am

Tsitsipas becomes first Greek ATP champion with Stockholm triumph

Stefanos Tsitsipas became the first Greek man to win an ATP title on Sunday with a 6-4, 6-4 victory over Ernests Gulbis in Stockholm, ending the Latvian player's perfect record in finals. World number 16 Tsitsipas, who had lost both his previous finals th

Published 22 Oct, 2018 12:00am

Kayes century sets up easy Bangladesh win

Opener Imrul Kayes struck his career best 144 off 140 balls to set up an easy 28-run win for Bangladesh in the first one-day international of a three-match series against Zimbabwe in Dhaka on Sunday. Kayes shared a record 127-run stand with all-rounder Mo

Published 22 Oct, 2018 12:00am

Marquez romps to MotoGP title as Dovizioso crashes

Honda's Marc Marquez stormed to a nail-biting victory in Japan Sunday to capture his third straight MotoGP world championship as Ducati rival Andrea Dovizioso crashed out. The Spanish sensation has now won five championships in motorcycling's premier clas

Published 22 Oct, 2018 12:00am

Qatar may put more fans on ships at World Cup

Qatar could accommodate thousands more football fans on cruise ships during the 2022 World Cup than previously estimated, leading organisers in the emirate have revealed. An official with the country's largest hotel owner, Katara Hospitality, confirmed on

Published 22 Oct, 2018 12:00am

Wozniacki struggles in WTA title defence

Karolina Pliskova issued a warning to her opponents at the WTA Finals with a convincing straight-sets victory against defending champion Caroline Wozniacki. The dynamic 26-year-old's easy 6-2, 6-4 triumph in Singapore was sweet revenge for Pliskova, who l

Published 22 Oct, 2018 12:00am

Thousands of runners compete in smoggy Delhi half marathon

Thousands of runners brushed off health warnings Sunday to compete in the New Delhi half marathon, even as smog reached unhealthy levels in the world's most polluted major city. More than 34,000 runners hit the streets of the Indian capital for the 13.1 m

Published 22 Oct, 2018 12:00am

Everton make Palace pay for penalty miss

Everton goalkeeper Jordan Pickford saved a penalty before substitutes Dominic Calvert-Lewin and Cenk Tosun scored in the closing minutes as the Merseysiders won 2-0 at home to Crystal Palace on Sunday. Everton's third successive win in the Premier League

Published 22 Oct, 2018 12:00am

Marathon runner returns to reformed Ethiopia after exile

After two years of political exile that began at the Rio Olympic Games marathon finish line the athlete Feyisa Lilesa returned home to Ethiopia on Sunday saying the African nation was now a freer place. Lilesa, now 28, won the silver medal at Rio but his

Published 22 Oct, 2018 12:00am

Kohli, Sharma star in India's big ODI win

Skipper Virat Kohli and Rohit Sharma hit sparkling centuries Sunday to lead India's eight-wicket demolition of West Indies in the first one-day international in Guwahati. Kohli made 140 and Sharma took an unbeaten 152 for a record 246 runs to flay the Wes

Published 22 Oct, 2018 12:00am

Comoros island inches back to life after uprising

Residents on the Comoros island of Anjouan slowly returned to their daily lives Sunday after a six-day seige in the old quarter of Mutsamudu city where soldiers had fought with rebels down narrow lanes. The island's governor Abdou Salami Abdou, a member o

Published 22 Oct, 2018 12:00am

Barzani party tops Iraq Kurd vote despite failed independence bid

The dominant party in Iraq's Kurdistan has secured the most seats in the autonomous region's parliament, despite its leader Massud Barzani having championed an ill-fated independence referendum last year, the local electoral commission said Sunday. Barzan

Published 22 Oct, 2018 12:00am

Israeli arrests Palestinian governor of Jerusalem

Israeli forces have arrested the Palestinian governor of Jerusalem for unspecified offences he allegedly committed in the occupied West Bank, the Palestine Liberation Organization said Sunday. Adnan Gheith was arrested on Saturday evening in the east Jeru

Published 22 Oct, 2018 12:00am

Israel reopens people, goods crossings to Gaza after lull

Israel ordered the country's goods and people border crossings with Gaza to be opened on Sunday, just four days after shuttering them following a Palestinian rocket attack that sparked retaliatory air strikes. The move followed efforts to prevent an escal

Published 22 Oct, 2018 12:00am

Israel freezes demolition of Bedouin village in West Bank

Israeli Prime Minister Benjamin Netanyahu has frozen plans to demolish a strategically located Bedouin village in the occupied West Bank that have drawn international concern, his office said Sunday. The surprise move, which came as Israeli forces were co

Published 22 Oct, 2018 12:00am

Ranveer-Deepika announce wedding dates

Bollywood superstars Deepika Padukone and Ranveer Singh announced Sunday that they are tying the knot, ending months of speculation about their relationship. The pair confirmed they will be married next month in a statement posted on their official Twitte

Published 22 Oct, 2018 12:00am

Former Dutch PM who resigned over Srebrenica dies

Dutch politicians on Sunday paid tribute to former Labour Party prime minister Wim Kok, who resigned in 2002 following a scathing report into the Srebrenica massacre in Bosnia. Kok, who died on Saturday aged 80, stepped down in April 2002 after an investi

Published 22 Oct, 2018 12:00am

Top Chinese official in Macau dies in fall from home

China's top representative in Macau has fallen to his death from the building where he lived, authorities said Sunday. Zheng Xiaosong, 59, the Chinese government's liaison officer in the semi-autonomous former Portuguese colony, had been suffering from de

Published 22 Oct, 2018 12:00am

Trudeau's party in Canada stands dead even with rivals: poll

The Liberal Party of Prime Minister Justin Trudeau is in a statistical dead heat with its Conservative rivals just a year before Canada's next legislative elections, according to a survey published Sunday. An Ipsos poll conducted for Global News found 36

Published 22 Oct, 2018 12:00am

One dead as 200 migrants reach Spain's Melilla enclave

A migrant died Sunday and 19 others were hurt after around 200 people scaled a fence to enter Spain's Melilla enclave from northern Morocco, local Spanish authorities said. The man was among the migrants who climbed over two barbed wire fences and appeare

Published 22 Oct, 2018 12:00am

Honduran migrant 'caravan' resumes march from Mexico to US

Thousands of Honduran migrants whose journey toward the United States has triggered a series of tirades from US President Donald Trump resumed their long march Sunday after crossing a river into Mexico. Mexican authorities on Thursday had managed to block

Published 22 Oct, 2018 12:00am

Boko Haram raid in Nigeria leaves two dead

Boko Haram jihadists razed three villages in northeast Nigeria in attacks that killed two people and injured several others, civilian militia and residents told AFP Sunday. The jihadists arrived in trucks to attack the neighbouring villages of Dala-Melari

Published 22 Oct, 2018 12:00am

Germany won't export arms to Saudi 'in current situation': Merkel

German Chancellor Angela Merkel said Sunday that Berlin would not export arms to Saudi Arabia for now in the wake of dissident journalist Jamal Khashoggi's violent death. "I agree with all those who say when it comes to our already limited arms exports (t

Published 22 Oct, 2018 12:00am

Brexit transition must be short or allow 'route out': Raab

Brexit Secretary Dominic Raab said Sunday that any extension to a proposed transition period after Britain leaves the European Union must be strictly time-limited or have a "route out". "There needs to be something which allows us to control how long we a

Published 22 Oct, 2018 12:00am

Coalition denies targeting civilians in deadly east Syria raid

The US-led coalition denied Sunday that it targeted civilians in a recent deadly raid in eastern Syria, insisting instead that it had fired on an Islamic State group command post. Air strikes on Thursday and Friday on the village of Sousa killed 41 civili

Published 22 Oct, 2018 12:00am

Australian PM rules out early poll after by-election blow

Australian Prime Minister Scott Morrison pledged Sunday his embattled government would serve out a full term despite the conservative coalition looking set to lose its majority after a voter backlash in a crucial Sydney by-election. The Liberal-National c

Published 22 Oct, 2018 12:00am

Crowds protest latest deadly rebel raid in DR Congo

Crowds protested in the streets in Beni, eastern DR Congo, after rebels killed at least 11 people and abducted 15 others, including children, in an overnight raid, local officials said. The attack, thought to have been carried out by members of the Uganda

Published 22 Oct, 2018 12:00am

French teen charged over brandishing fake gun at teacher

A French teenager who was filmed threatening his teacher with a fake gun in a tough Paris suburb was charged Sunday with aggravated violence, prosecutors said. The incident, which was filmed and uploaded onto social media by one of the 15-year-old's class

Published 22 Oct, 2018 12:00am

Maldives strongman's election defeat upheld by Supreme Court

The Maldives' top court Sunday ended weeks of uncertainty by rejecting strongman President Abdulla Yameen's controversial bid to annul last month's election results, upholding his landslide defeat to an opposition candidate. The five-judge Supreme Court b

Published 22 Oct, 2018 12:00am

Four Americans dead in Costa Rica rafting accident

Four American tourists were killed and a fifth Costa Rican tourist is missing after a river rafting accident in the Central American country on Saturday, the Red Cross said. The alarm was raised Saturday afternoon following the accident in a swollen river

Published 22 Oct, 2018 12:00am

18 dead after train flips in Taiwan

At least 18 people have died after an express train derailed and flipped over on a popular coastal tourist route in Taiwan on Sunday, the island's worst rail accident for more than 25 years. Images from the site showed the Puyuma Express train completely

Published 22 Oct, 2018 12:00am

Prices of essential items remain on higher side

Prices of important kitchen items, like vegetable, pulses, chicken meat, sugar, flour have remained high-side in retail market, according to survey conducted by Busiiness Recorder here on Sunday A slight increase in price of chicken meat was witnessed in

Published 22 Oct, 2018 12:00am

Hungary, Pakistan vow to boost economic ties

In a significant move, Hungary and Pakistan have reiterated to strengthen mutual cooperation in improving their diplomatic and economic ties. The development followed a recent meeting between Hungary's Ambassador to Pakistan H.E. István Szabó and MOL Grou

Published 22 Oct, 2018 12:00am

China International Import Expo to begin on November 5 in Shanghai

Chinese government expects Pakistan's major participation in the China International Import Expo (CIIE) that is scheduled to take place in Shanghai from November 5 to 10. Prime Minister Imran Khan is among the top dignitaries who have been invited to atte

Published 22 Oct, 2018 12:00am

Cotton

'Mills may not operate if support price set higher than Rs120' an interview with Iskander M. Khan, Director Premier Group of Companies

Iskander Khan is a three-time ex-chairman of Pakistan Sugar Mills Association (PSMA), presently holding the offices of Vice Chairman, and Chairman for local chapter, Khyber Pakhtunkhwa. He is also the Director of the Premier Group of Companies, which is t

Published 22 Oct, 2018 12:00am

Cotton

'Mills may not operate if support price set higher than Rs120' an interview with Iskander M. Khan, Director Premier Group of Companies

Iskander Khan is a three-time ex-chairman of Pakistan Sugar Mills Association (PSMA), presently holding the offices of Vice Chairman, and Chairman for local chapter, Khyber Pakhtunkhwa. He is also the Director of the Premier Group of Companies, which is t

Published 22 Oct, 2018 12:00am

Punjab finalises health workforce strategy

Punjab Health Department has finalized the health workforce strategy within the first 100 days of present government. This made Punjab first province of Pakistan who has done the task. Recently Punjab experience sharing workshop was organized by World Hea

Published 22 Oct, 2018 12:00am

NFC award: move to cut shares of provinces to be resisted: Asfandyar

Awami National Party (ANP) has expressed reservations over unconstitutional cut in the share of the provinces in the federal divisible pool under National Finance Commission (NFC) Award. In a statement issued here from Bacha Khan Markaz here on Sunday, AN

Published 22 Oct, 2018 12:00am

Real estate sector: protection of investment expatriates' major concern: Akbar

The investment protection in Pakistan particularly in real estate sector is a major concern for overseas Pakistanis and Graana.com is committed to bring real transformation in real estate industry by attracting overseas investors.

Published 22 Oct, 2018 12:00am

PTI MNA blames previous governments for economic crisis

Pakistan Tehreek-i-Insaf (PTI) MNA, Haji Shuakat Ali has blamed the former governments for current economic crisis and 'price hike' in the country, adding that the incumbent federal government is taking measures to steer the country from present crisis si

Published 22 Oct, 2018 12:00am

ICCI calls for new rent control law for traders

The Islamabad Chamber of Commerce and Industry (ICCI) has called upon the authorities concerned that the new rent control law should be promulgated to facilitate the local traders of the federal capital.

Published 22 Oct, 2018 12:00am

Pakistani workforce: Qatar embassy to set up special facilitation centre

Qatar Embassy is all set to establish a special centre here for facilitation of Pakistani workforce aims at increasing job opportunities for them and avoiding exploitation at the hands of employers abroad. "Such a facility will ease the visa getting proce

Published 22 Oct, 2018 12:00am

10 injured as passenger coaster overturns

At least 10 people were injured when a passenger coaster overturned in the metropolis on Sunday, police said. The accident took place near Star Gate at Shara-e-Faisal where a passenger coaster heading to Shah Faisal Town turned turtle due to pothole on th

Published 22 Oct, 2018 12:00am

Property festival begins in Islamabad

A two-day property festival exclusively organized by Graana.com kicks off in Islamabad. The property festival aimed at bringing potential buyers and seller at one platform for secure and transparent deals. The event made its debut last year is a perfect p

Published 22 Oct, 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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