News Archives for Print - 2018-11-12

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Print - 2018-11-12

The Weather

The weather report on Sunday (November 11, 2018) and the forecast for Monday (November 12, 2018).

Published 12 Nov, 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 12 Nov, 2018 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (November 5 to 9, 2018).

Published 12 Nov, 2018 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 12 Nov, 2018 12:00am

'Positive impact' of Ebola steps in DR Congo

New measures taken to combat an Ebola outbreak in the eastern Democratic Republic of Congo have had a "positive impact", but the virus remains dangerous and unpredictable, the World Health Organization and United Nations said on Thursday. Since the outbre

Published 12 Nov, 2018 12:00am

Skin cancer deaths rates soar, mostly for men

Skin cancer deaths among men have soared in wealthy nations since 1985, with mortality rates among women rising more slowly or even declining, researchers told a medical conference in Glasgow on Sunday. Reasons for the discrepancy between sexes are unclea

Published 12 Nov, 2018 12:00am

Wind farm 'predator' effect hits ecosystems

Wind farms act as a top "predator" in some ecosystems, harming birds at the top of the food chain and triggering a knock-on effect overlooked by green energy advocates, scientists said on Monday. Wind is the fastest-growing renewable energy sector, supply

Published 12 Nov, 2018 12:00am

Superbugs to 'kill millions' by 2050 unless countries act

Millions of people in Europe, North America and Australia will die from superbug infections unless countries prioritise fighting the growing threat posed by bacteria immune to most known drugs, experts predicted on Wednesday. The Organisation for Economic

Published 12 Nov, 2018 12:00am

Don't leave half the world offline & behind, urges Web founder

British computer scientist Tim Berners-Lee, who invented the World Wide Web, appealed on Monday for companies and governments not to leave behind half of the world population yet to have internet access, which includes billions of women and girls.

Published 12 Nov, 2018 12:00am

Senegal launches African 'cyber-security' school

Senegal on November 6 inaugurated a cyber-security school to strengthen West Africa's defences against computer hackers and use of the internet for terror funding and propaganda. Senegalese Foreign Minister Sidiki Kaba and French counterpart Jean-Yves Le

Published 12 Nov, 2018 12:00am

Samsung folding screen lets smartphone open into tablet

Samsung on Wednesday showed off a folding screen that lets a smartphone open into a tablet, heralding it as the future for portable devices. Senior vice president of mobile product marketing Justin Denison pulled a prototype foldable smartphone from a sui

Published 12 Nov, 2018 12:00am

Chinese smartphone giant Xiaomi debuts in London

China's Xiaomi unveiled the Mi 8 Pro smartphone in London on November 8, making a UK debut as the tech giant ramps up its European presence before an expected American launch next month. The Mi 8 Pro will go on sale in Britain on Friday, the group announc

Published 12 Nov, 2018 12:00am

Chinese smartphone giant Xiaomi debuts in London

Published 12 Nov, 2018 12:00am

Technology leaders call for greater social media regulation

Social networks need better regulation to stop them spreading "fake news" and undermining democracy, disillusioned tech pioneers said at an industry conference that closed in Lisbon Thursday. The issue has come to the fore after the spread of false inform

Published 12 Nov, 2018 12:00am

Ford goes local in India, aims for bigger slice of competitive market

Ford Motor Co made a profit in India for the first time in a decade in the last fiscal year, signalling that a strategy conceived two years ago by the US car manufacturer for one of the world's most competitive car markets is starting to show some success

Published 12 Nov, 2018 12:00am

Zara launches online sales in 106 new Countries

Clothing retailer Zara will expand online sales to an additional 106 countries through a dedicated online platform, mostly in Africa, parent firm Inditex announced on Wednesday. The launch means Zara apparel will be available in 202 countries. "From tomor

Published 12 Nov, 2018 12:00am

Currency

BMW Q3 hit by upfront expenditure for electric car development

German carmaker BMW on Wednesday reported a 27 percent drop in third-quarter operating profit to 1.75 billion euros ($2 billion), missing analyst expectations amid currency headwinds and higher research and development expenses. Analysts in a Reuters poll

Published 12 Nov, 2018 12:00am

Singtel Q2 underlying net profit drops 22 percent

Singapore Telecommunications Ltd on Thursday reported underlying net profit fell 22 percent in the second quarter, hit by lower contributions from some of its regional associates and a stronger Singapore dollar. Southeast Asia's largest telecom operator p

Published 12 Nov, 2018 12:00am

Singtel Q2 underlying net profit drops 22 percent

Published 12 Nov, 2018 12:00am

Currency

Adidas cuts 2018 revenue forecast

Adidas cut its 2018 revenue forecast on Wednesday after third quarter sales fell in western Europe, where it was hit by changing fashions and Nike's gains in soccer. While the German sportswear firm has been taking market share in North America, its US ri

Published 12 Nov, 2018 12:00am

Currency

Adidas cuts 2018 revenue forecast

Published 12 Nov, 2018 12:00am

HKEX Q3 profit rises 20 percent

Hong Kong Exchanges and Clearing Ltd (HKEX), the stock exchange operator in the Asian financial hub, reported a 20 percent rise in quarterly net profit on Wednesday, bolstered by higher trading and stock listing incomes. The bourse has seen a sharp jump i

Published 12 Nov, 2018 12:00am

HKEX Q3 profit rises 20 percent

Published 12 Nov, 2018 12:00am

Strong Dutch economy puts ABN Amro on track for higher dividend

Dutch lender ABN Amro aims to increase dividend payouts to more than half of its net profits after strong economic growth in its domestic market pushed up earnings in the third quarter. A higher dividend would benefit the Dutch government which remains th

Published 12 Nov, 2018 12:00am

Siemens sees favourable market environment next year

Siemens said it expects a continued favourable market environment with limited risks related to geopolitical uncertainties as the German engineering group on Thursday reported industrial profit in line with expectations. The trains-to-turbines maker said

Published 12 Nov, 2018 12:00am

UAE central bank now free to link banks' exposure to real estate to market strength: senior banker

The United Arab Emirates' central bank now has the flexibility to set new exposure limits for banks to the real estate sector and can amend these to reflect market performance, a senior commercial banker said on Sunday A new law introduced last month abol

Published 12 Nov, 2018 12:00am

Currency

Zimbabwe's unlicensed foreign currency traders face 10-year jail

Unlicensed foreign currency traders in Zimbabwe face up to 10 years in jail if convicted and loss of their money and assets when new exchange control rules are published this week, a senior government official said on Sunday. The southern African nation,

Published 12 Nov, 2018 12:00am

Italy's network plan turns up heat on Telecom Italia CEO

Italy is preparing legislation that could lead to a merger of Telecom Italia's network with smaller rival Open Fiber, an issue that is causing friction between the phone group's CEO and some board directors, sources close to the matter said on Sunday.

Published 12 Nov, 2018 12:00am

Nigeria's new minimum wage: too much to ask?

On the campaign trail for re-election in February, Nigeria's President Muhammadu Buhari may have spoken too soon when he backed an initiative to hike his country's minimum wage by a whopping two thirds. Buhari, who had been advised on the wage by a negoti

Published 12 Nov, 2018 12:00am

Argentine recession seen bottoming out in Q1: IMF

Argentina's shrinking economy will bottom out in the first three months of next year and start to recover in the second quarter, an International Monetary Fund official said on Saturday. The fund last month upped the size of its standby financing deal wit

Published 12 Nov, 2018 12:00am

Aramco, Hengli Petchem agree 130,000 bpd crude supply deal for 2019

China's private chemical group Hengli Petrochemical said it has entered an annual crude purchase deal with Saudi Aramco for 2019 supplies of 130,000 barrels per day, which marks the top Opec producer's second major marketing alliance with a private Chines

Published 12 Nov, 2018 12:00am

Venezuela hoping to steeply raise oil output next year

Venezuela is hoping to steeply raise oil output next year but will respect any new deal if Opec agrees to reduce output from December, Oil Minister Manuel Quevedo said on Sunday. The south American Opec nation's current oil output is 1.5 million barrels p

Published 12 Nov, 2018 12:00am

German rail operator wants more cash to improve service

German rail operator Deutsche Bahn is lobbying the government for a 4.9 billion euro ($5.55 billion) investment to reduce train delays and cancellations dampening passenger satisfaction, the Bild newspaper reported on Sunday. The figure appears in a 200-p

Published 12 Nov, 2018 12:00am

Iran sells more oil to private exporters

Iran sold 700,000 barrels of crude oil to private companies for export on Sunday in a second round of sales aimed at countering US sanctions on the country's exports, oil ministry news website SHANA reported. Three unnamed companies paid $64.97 per barrel

Published 12 Nov, 2018 12:00am

Despite restrictions, digital spending hits record in US midterms

Even as online platforms tightened rules for political ads, digital spending set new records in the 2018 US midterm elections and appears poised for further growth in 2020. Digital media campaign spending rose 2,400 percent from the 2014 midterms to $1.8

Published 12 Nov, 2018 12:00am

Clashes as thousands protest petrol price hikes in Bulgaria

Thousands of Bulgarians demonstrated across the country on Sunday against high fuel prices, blocking traffic in around 20 cities and on key hhighways to Greece and Turkey Protesters clashed with police in Burgas, where traffic was backed up around 10 kilo

Published 12 Nov, 2018 12:00am

Apple finds quality problems in some iPhone X and MacBook models

Apple Inc said on Friday it had found some issues affecting some of its iPhone X and 13-inch MacBook pro products and said the company would fix them free of charge. The repair offers are the latest in a string of product quality problems over the past ye

Published 12 Nov, 2018 12:00am

Alibaba Singles' Day tops $30bn but growth rate plunges

Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan ($30.70 billion) in sales on Sunday during its 24-hour online retail frenzy Singles' Day, but the event's annual growth dropped to its slowest-ever rate. Shoppers in Chi

Published 12 Nov, 2018 12:00am

Firepower for US stocks may lose spark as Democrats gain clout

The US stock market may be facing the remainder of Donald Trump's presidential term with the prospect of less juice to supercharge it. Stock returns have been fueled the past year by Trump's corporate tax cuts, which have pumped up profits. Yet, any hope

Published 12 Nov, 2018 12:00am

Currency

FX volumes rise 5.8 percent year-on-year

Daily currency trading volumes rose 5.8 percent in October versus the same month last year, totalling $1.71 trillion, CLS data showed on Thursday, as volatility in foreign exchange markets picked up. CLS, a major settler of trades in the foreign exchange

Published 12 Nov, 2018 12:00am

Emerging market stocks buying surges to highest since February

Emerging market stocks buying surged to its highest since February in the wake of this week's US midterm elections, Bank of America Merrill Lynch said on Friday, adding that global markets had now bounced out of "extremely oversold" territory. BAML's week

Published 12 Nov, 2018 12:00am

Emerging market stocks buying surges to highest since February

Published 12 Nov, 2018 12:00am

Saudi stocks hit over two-week low

Saudi stocks slumped to their weakest level in more than two weeks on Sunday, hurt by the latest slump in oil prices, which also dragged most Gulf markets lower. Saudi Arabia's index shed 0.4 percent to close at 7,711 points, its lowest close since Octobe

Published 12 Nov, 2018 12:00am

China's money rates ease

China's primary money rates fell over the week as there was little sign of liquidity stress so early in the month, despite the central bank continuing to refrain from injecting fresh funds into the interbank market. Traders said liquidity remained ample i

Published 12 Nov, 2018 12:00am

China funds trim equity exposure

Chinese fund managers trimmed their suggested equity exposure for the next three months, as they remained cautious amid uncertainties about trade tensions and domestic factors, and despite policymakers' pledges to support the market. Fund managers have lo

Published 12 Nov, 2018 12:00am

China funds trim equity exposure

Published 12 Nov, 2018 12:00am

Currency

South Africa's rand to steady from sell-off

South Africa's rand is expected to tread a resilient and steady path over the next year in the face of global uncertainties and local budget and economic growth challenges, a Reuters poll of foreign exchange strategists found on Thursday.

Published 12 Nov, 2018 12:00am

Currency

Indonesia FX reserves rise by $400 million

Indonesia's foreign exchange reserves rose by around $400 million in October to $115.2 billion, the first increase since January as the central bank eased off on its defence of the fragile rupiah currency. Bank Indonesia (BI) said on Wednesday the level o

Published 12 Nov, 2018 12:00am

Wall Street week ahead: investors focus on retailers as wages rise

US companies are warning about rising wages eating into profit margins, increasing investor worries that next year's expected drop in profit growth may be sharper than feared. Amidst overall strong quarterly results, climbing labour costs are a growing co

Published 12 Nov, 2018 12:00am

Liverpool go top as Chelsea held by Everton

Liverpool took advantage of Manchester City's later kick-off against Manchester United on Sunday by beating Fulham 2-0 to move top of the Premier League, while Chelsea stumbled in a 0-0 draw with Everton. Both Liverpool and Chelsea remain unbeaten in the

Published 12 Nov, 2018 12:00am

Manchester City outclass Manchester United in derby

Manchester City opened up a 12-point gap on Manchester United just 12 games into the Premier League season and returned to the top of the table with a convincing 3-1 win in Sunday's derby at the Etihad. Early goals in each half from David Silva and Sergio

Published 12 Nov, 2018 12:00am

Miller, du Plessis plunder tons as South Africa beat Australia

David Miller and Faf du Plessis plundered big-hitting centuries in a batting masterclass as South Africa beat Australia by 40 runs to win their one-day series and inflict another defeat on Justin Langer's misfiring side. The pair shared in a 252-run stand

Published 12 Nov, 2018 12:00am

Sri Lanka's Dananjaya reported for suspicious action

Sri Lanka off-spinner Akila Dananjaya was reported over a suspect bowling action during the first Test which England won by 211 runs, the International Cricket Council said Sunday. "Dananjaya's bowling action will now be scrutinised further under the ICC

Published 12 Nov, 2018 12:00am

Mominul, Mushfiqur put Bangladesh in command

Mominul Haque and Mushfiqur Rahim shared a record partnership with centuries apiece to put Bangladesh in a strong position in the second Test against Zimbabwe in Dhaka on Sunday. Mominul made 161 while Mushfiqur added an unbeaten 111 as Bangladesh reached

Published 12 Nov, 2018 12:00am

India sweep T20 series

Opener Shikhar Dhawan smashed 92 as India completed a six-wicket Twenty20 international win on the last ball against West Indies on Sunday to sweep the three-match series. Dhawan put on a crucial 130-run third wicket stand with Rishabh Pant, who hit 58, t

Published 12 Nov, 2018 12:00am

Barcelona beaten by Betis

Barcelona lost at home in La Liga for the first time in more than two years as Real Betis pulled off a stunning 4-3 victory at the Camp Nou on Sunday, despite Lionel Messi scoring twice on his return from injury. Barca last endured defeat on their own pat

Published 12 Nov, 2018 12:00am

Tennis chief hails final set tiebreaks at Slams, tips Aussies to follow suit

The International Tennis Federation head on Sunday endorsed final set tie-breaks trimming overlong matches at Grand Slam, praising Wimbledon for its decision to introduce them in 2019 and expecting the Australian Open to follow suit in January. Wimbledon

Published 12 Nov, 2018 12:00am

Rain washes away Pakistan's chance of series win over New Zealand

Persistent rain forced the third and final one-day international between Pakistan and New Zealand to be abandoned Sunday, extending the Asian side's seven-year wait for a series win over the Black Caps. New Zealand, set a daunting 280-run target against a

Published 12 Nov, 2018 12:00am

Thousands join Ethiopia-Eritrea peace run

Thousands of Ethiopians and Eritreans took part in a 10-kilometre reconciliation run Sunday in Addis Ababa in the first joint sporting event since the former bitter foes launched a rapid diplomatic thaw in July. The peace run through the Ethiopian capital

Published 12 Nov, 2018 12:00am

Woman charged over Australia strawberry needle scare

A woman has been charged after a "complex" investigation into an Australian strawberry scare where needles were found stuck into the fruit, police said Sunday, in a crisis that sparked nationwide panic. Queensland state authorities offered a large reward

Published 12 Nov, 2018 12:00am

Palestinians mark anniversary of Arafat's death

Palestinians on Sunday marked 14 years since the death of iconic leader Yasser Arafat, with their campaign for statehood still deadlocked and beset by internal divisions. Arafat, who for decades embodied the struggle for independence, died aged 75 in a Fr

Published 12 Nov, 2018 12:00am

Trump-style nationalism comes under fire at WWI commemorations in Paris

World leaders gathered in Paris on Sunday to mark 100 years since the end of World War I, with French President Emmanuel Macron, German Chancellor Angela Merkel and UN chief Antonio Guterres each warning that rising nationalism again poses a threat to pea

Published 12 Nov, 2018 12:00am

At least 10 stowaways dead as DR Congo train derails

At least 10 stowaways were killed and 24 were injured when a freight train derailed in the eastern Democratic Republic of Congo, a local official said Sunday. Rehema Omari, stationmaster in the town of Samba near where the accident occurred on Friday, sai

Published 12 Nov, 2018 12:00am

German president joins Armistice ceremony in London

President Frank-Walter Steinmeier became the first German leader to take part in Britain's national service of remembrance on Sunday, 100 years since the end of World War I. He laid a wreath at the Cenotaph war memorial in central London alongside British

Published 12 Nov, 2018 12:00am

North and South Korea begin destroying border guard posts

The two Koreas began destroying 20 guard posts along their heavily-fortified frontier Sunday under a plan to reduce tensions on the border. Under an agreement made between their generals in late October, North and South Korea agreed to each remove 10 post

Published 12 Nov, 2018 12:00am

Rohrabacher, quirky US congressman fond of Putin, loses seat

Representative Dana Rohrabacher, whose quixotic foreign policy campaigns made him persona non grata in Pakistan and Afghanistan and who became a rare US defender of Vladimir Putin, has lost his seat after 30 years. The 71-year-old Republican, whose exploi

Published 12 Nov, 2018 12:00am

NA speaker stresses need for resolving issue of low gas pressure

Speaker National Assembly Asad Qaiser has said that during winter season, there is a need to take steps to overcome low pressure of Sui gas in Peshawar and its surrounding areas on emergency basis. The Speaker further said that the provisions of basic fac

Published 12 Nov, 2018 12:00am

Food poisoning: eatery, playland sealed in DHA after death of two minors

Two minor brothers, a one-and-a-half-year-old and a five-year-old, died on Sunday afternoon while receiving treatment for food poisoning after which the authorities sealed a restaurant and a playland in the metropolis, read a statement issued by Karachi P

Published 12 Nov, 2018 12:00am

Firing incidents claim three lives in Panjgur

At least three people including a child were killed in separate incidents of firing here on Sunday, police said. Unidentified armed men riding a vehicle sprayed bullets at Muhammad Alam S/o Sher Muhammad sitting outside his residence in Chitkan area of Pa

Published 12 Nov, 2018 12:00am

Palestinian refugees: Pakistan boosts its contribution to UN agency

Pakistan has made an enhanced contribution to the cash-strapped UNRWA, the UN agency entrusted to assist the Palestinian refugees, that drew "heart-felt appreciation" from its chief, Pierre Krahenbuhl. Ambassador Maleeha Lodhi, Pakistan's permanent repres

Published 12 Nov, 2018 12:00am

KMC drive continues: glory of iconic Empress Market to be restored: mayor

Karachi Mayor Waseem Akhtar said the KMC would restore Empress Market Saddar in accordance with its original master plan which included parks around it. "As per the Master plan of Empress Market, there were parks all around it; however, due to negligence

Published 12 Nov, 2018 12:00am

Currency

'Lack of investment hindering e-commerce potential' an interview with Romana Abdullah and Harris Syed, CEO and Chairman, Highpoint Ventures (Pvt) Limited

BR Research recently sat down with Romana Abdullah and Harris Syed, founders of the fast-growing kids wear brand Hopscotch to discuss the brand's journey so far. Hopscotch is owned by its parent company, High-point Ventures (Pvt) Ltd. Today, Hopscotch has

Published 12 Nov, 2018 12:00am

Currency

'Lack of investment hindering e-commerce potential' an interview with Romana Abdullah and Harris Syed, CEO and Chairman, Highpoint Ventures (Pvt) Limited

Published 12 Nov, 2018 12:00am

President's order set aside: LHC orders FBR to refund amount of Punjab government's ex-employee

Lahore High Court (LHC) has set aside the order passed by the President of Pakistan and defined the term 'maladministration' in terms of Section 2(3) of the Federal Tax Ombudsman Ordinance, 2000, to include a decision, process, recommendation, act of omis

Published 12 Nov, 2018 12:00am

Pre-entry test for bachelor programme held at SU

The Pre-Entry Test of Morning and Evening Bachelor Degree Programs 2019 for admission to various disciplines at Faculty of Arts and suburban buildings. In parallel, another sizeable number of candidates took their test at the Varsity's respective addition

Published 12 Nov, 2018 12:00am

H&NCCT plan to begin in Thar, Umerkot soon: SPU

Program Coordinator Social Protection Unit (SPU), Social Welfare Department Muhammad Issa Memon said that under the World Bank supported Accelerated Action Plan (AAP), the Health and Nutrition Conditional Cash Transfer (H&NCCT) intervention would be start

Published 12 Nov, 2018 12:00am

Growers seek reforms in Sindh irrigation department

The growers have demanded reformation in Sindh Irrigation Department assigning duties of the agriculture engineers to assess requirements of timely release of water for Kharif and Rabi crops so that the maximum yield per acre could be achieved along with

Published 12 Nov, 2018 12:00am

Triple 'E' vision to strengthen economy, opines FCCI chief

Vision of triple "E" is a right step in right direction to strengthen national economy; however, all Standing Committees and other departments of Faisalabad Chamber of Commerce & Industry (FCCI) must pool their energies to achieve the well-defined objecti

Published 12 Nov, 2018 12:00am

Country's diversified culture to be promoted: Chohan

Punjab Minister for Information and Culture Fayaz-ul-Hasan Chohan has said that Pakistan's diversified culture would be promoted across the globe. According to spokesman for information department, he stated this while addressing the closing ceremony of A

Published 12 Nov, 2018 12:00am

Pakistani culture showcased at Commonwealth Countries Fair

Beautiful Pakistani stalls at the annual fair of Commonwealth Countries League (CCL), turned out to be a great attraction for the visitors at Kensington Town Hall London the other day. The stalls showcased Pakistan's cultural richness and diversity throug

Published 12 Nov, 2018 12:00am

Posting of Inland Revenue tax officers: beverage manufacturer granted stay order

The Appellate Tribunal Inland Revenue, Lahore has granted stay to a beverage manufacturer against posting of Inland Revenue tax officers at its premises to monitor production, sale of taxable goods and the stock position under section 40B of the Sales Tax

Published 12 Nov, 2018 12:00am

Opposition wants 'Muk Muka' to protect its leadership: Fawad

Federal Information Minister Fawad Chaudhry has stated that PML-N and PPP want to have Muk Muka (Compromise) that if the government stops investigations against their leaders and forgets recovery of trillions of rupees laundered money abroad they will let

Published 12 Nov, 2018 12:00am

Saeed Ahmed quits KP-EZDMC Board's directorship

The blue-eyed and influential retired bureaucrat Sahibzada Saeed Ahmad has tendered resignation as member Board of Director (BoD) Khyber Pakhtunkhwa Economic Zones Development and Management Company (KP-EZDMC). Sahibzada Saeed Ahmad, a former Secretary Fi

Published 12 Nov, 2018 12:00am

Currency

Prices of essential items increase sharply

A sharp increase in prices of pulses, chicken meat, sugar, vegetable and other daily use food items, was witnessed during this week as compared preceding week in wholesale and retail markets, said in a survey carried out Business Recorder here on S

Published 12 Nov, 2018 12:00am

JI chief slams PTI government for price hike

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has said that the PTI had promised jobs to the youth but large number of people had lost their jobs during the last two months due to the closure of different institutions. According to media cell of JI at Ma

Published 12 Nov, 2018 12:00am

RDA plans to construct 10 parking towers

The Rawalpindi Development Authority (RDA) is planning to construct 10 parking towers to address the problem of parking of vehicles in the city's commercial hubs, RDA Chairman Arif Abbasi said on Sunday. Talking to APP, he said the RDA was looking into re

Published 12 Nov, 2018 12:00am

PepsiCo organises event titled 'With Purpose'

PepsiCo organised an event titled 'With Purpose' on Sunday in which four remarkable youth heroes shared their inspirational stories about social platform for women, social enterprises, creative businesses and success in their business activities.

Published 12 Nov, 2018 12:00am

Aleem holds Nawaz, Zardari responsible for economic mess

Senior Minister Punjab Abdul Aleem Khan has said that masses would be justified to ask this question that if Nawaz & Zardari did not looted the national exchequer then who is responsible of the present deteriorating situation of the country and why debt o

Published 12 Nov, 2018 12:00am

HBL signs agreement with CICC

HBL, the largest bank in Pakistan has entered into an agreement with China International Capital Corporation Limited (CICC), the largest investment bank in China, to provide investment banking services to companies in Pakistan and China. This partnership

Published 12 Nov, 2018 12:00am

'Youth Dialogue-Unpacking gender and age for family planning'

Pathfinder International, in collaboration with Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology (SZABIST) under the project Naya Qadam, inaugurated its series of four events on Family Planning and Population Issues in October 2018. The sec

Published 12 Nov, 2018 12:00am

Private credit: economy witnesses Rs 775.5 billion surge in 2018

The economy witnessed a healthy increase in private credit of Rs 775.5 billion in fiscal year 2018 as opposed to Rs 747.9 billion in the previous year which is lower compared to regional countries. This was noted in the State Bank of Pakistan's 'Annual Re

Published 12 Nov, 2018 12:00am

Namoos-e-Risalat: MMA to hold 'Million March' in Lahore on November 15

The Muttahida Majlis e Amal (MMA) will hold a Million March in connection with the Namoos e Risalat, in the Punjab capital on November 15, in continuation of the Karachi Million march. The Million March will be preceded by an all Parties Namoos e Risalat

Published 12 Nov, 2018 12:00am

18,000 kilogrammes refrigerant substance seized

Pakistani customs officers have made the largest seizure of R-22 (also known as HCFC-22) refrigerant, a powerful ozone-depleting substance and greenhouse gas. It is learnt that in the largest seizure of its kind for Pakistan, customs authorities confiscat

Published 12 Nov, 2018 12:00am

Government urged to fulfil promises made with people of Fata

Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao has called upon the federal government to honor the pledges made with the tribal people when the former Federally Administered Tribal Areas (Fata) were being merged into Khyber Pakhtunkhwa.

Published 12 Nov, 2018 12:00am

PSCA Kasur releases law & order statistics

Punjab Safe Cities Authority has issued Law and Order statistics for its Kasur Project for the month of October. According to data available to Business Recorder, Kasur's Operations Monitoring Center (OMC) secured more than 2,602 observations that warrant

Published 12 Nov, 2018 12:00am

Thar's 660 megawatts coal power plant to become operational in January

Prime Minister Imran Khan will pay a visit to the first-ever Thar based 660MW Lignite Coal Power plant in January 2019 as the plant will become operational in the same month. Shamsuddin Shaikh, Chief Executive Officer (CEO) Sindh Engro Coal Mining Company

Published 12 Nov, 2018 12:00am

Revised payment terms for generation on LNG: CPPA-G to be authorised for signing agreements

The government is to authorise CPPA-G to ink interim tripartite agreement on revised payment terms for generation on LNG by Altern Energy Limited (AEL) with Kot Addu Power Company and other public sector stakeholders, official sources told Business Rec

Published 12 Nov, 2018 12:00am

Indian woman treated for backbone injuries in Lahore

An Indian woman of 21 years old Zeenat Khan was treated here in Lahore for her broken back after falling from roof three years ago. According to a private news channel, she was being treated in Uttar Pradesh, but the response was not good. She then came t
Published 12 Nov, 2018 12:00am

NAB arrests two CDA officials, contractor

The National Accountability Bureau (NAB) Rawalpindi has arrested two former and serving senior officials of the Capital Development Authority (CDA) as well as a contractor for illegal award of 36 kanals (4.5 acres) of land at a prime location of 3rd Avenu
Published 12 Nov, 2018 12:00am

Clashes reach residential streets in Yemen's Hodeida

Fighting for control of Yemen's rebel-held city of Hodeida reached residential streets on Sunday, as the Huthi insurgents mounted fierce resistance to government forces backed by Saudi Arabia, military sources said. Fears for civilian safety have been ris
Published 12 Nov, 2018 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / Jan 24

278.80

USD PKR Interbank Buying / Jan 24

278.60

USD to Japanese Yen / Jan 24

155.40

USD to Swiss Franc / Jan 24

0.90

Pound Sterling to USD / Jan 24

1.24

Euro to USD / Jan 24

1.05

Stock Volume

S&P 500 / Jan 23

6,118.71

Nasdaq / Jan 23

20,053.68

FTSE 100 / Jan 23

8,565.20

Dow Jones / Jan 23

44,565.07

Germany DAX 30 / Jan 23

21,411.53

France CAC40 / Jan 23

7,892.61

India Sensex / Jan 24

76,784.63

Tokyo Nikkei / Jan 24

39,931.98

Item Value

Karachi Cotton PKR/37.32 KG / Jan 23

18,485

Gold 10 Grams PKR / Jan 23

245,799

Petrol/Litre / Jan 24

256.13

Crude Oil USD/Barrel / Jan 24

74.61

Gold Spot USD/Ounce / Jan 24

2,774.04

Diesel/Litre / Jan 24

260.95

Gainers
Losers
Leaders

Stock Price

Escorts Bank / Jan 24

Escorts Investment Bank Limited(ESBL)

6.79

▲ 1.00 (17.27%)

Agriautos Ind. / Jan 24

Agriauto Industries Limited(AGIL)

111.09

▲ 10.10 (10.00%)

J.K.Spinning / Jan 24

J.K. Spinning Mills Limited(JKSM)

66.55

▲ 6.05 (10.00%)

Loads Limited / Jan 24

Loads Limited(LOADS)

18.92

▲ 1.72 (10.00%)

Sui South Gas / Jan 24

Sui Southern Gas Company Limited(SSGC)

44.11

▲ 4.01 (10.00%)

Leather Up Ltd. / Jan 24

Leather Up Limited(LEUL)

33.36

▲ 3.03 (9.99%)

Din Tex. / Jan 24

Din Textile Mills Limited(DINT)

51.80

▲ 4.70 (9.98%)

Saritow Spinning / Jan 24

Saritow Spinning Mills Limited(SSML)

11.13

▲ 1.01 (9.98%)

Agritech Limited / Jan 24

Agritech Limited(AGL)

52.29

▲ 4.60 (9.65%)

Stock Price

Tri-Star Mutual / Jan 24

Tri-Star Mutual Fund Limited(TSMF)

6.56

▼ -1.00 (-13.23%)

East West Ins. / Jan 24

East West Insurance Company Limited(EWIC)

51.56

▼ -5.73 (-10.00%)

Al-Khair Gadoon / Jan 24

Al-Khair Gadoon Limited(AKGL)

32.86

▼ -3.64 (-9.97%)

Hoechst Pak. / Jan 24

Hoechst Pakistan Limited(HPL)

2,991

▼ -300.79 (-9.14%)

Sana Ind / Jan 24

Sana Industries Limited(SNAI)

27.02

▼ -1.58 (-5.52%)

Hussain Industries / Jan 24

Husein Industries Limited(HUSI)

27.90

▼ -1.52 (-5.17%)

Shadab Textile / Jan 24

Shadab Textile Mills Limited(SHDT)

20.50

▼ -1.00 (-4.65%)

Reliance Cotton / Jan 24

Reliance Cotton Spinning Mills Limited(RCML)

550

▼ -25.52 (-4.43%)

Universal Ins. / Jan 24

The Universal Insurance Company Limited(UVIC)

9.07

▼ -0.42 (-4.43%)

Stock Volume

Cnergyico PK / Jan 24

Cnergyico PK Limited(CNERGY)

143,693,542

▼ -0.05

WorldCall Telecom / Jan 24

Worldcall Telecom Limited(WTL)

78,194,783

▲ 0.04

Fauji Cement / Jan 24

Fauji Cement Company Limited(FCCL)

47,170,217

▼ -0.85

Lotte Chemical / Jan 24

Lotte Chemical Pakistan Limited(LOTCHEM)

35,630,848

▼ -0.06

Citi Pharma Ltd / Jan 24

Citi Pharma Ltd.(CPHL)

32,528,835

▲ 0.58

Maple Leaf Cement / Jan 24

Maple Leaf Cement Factory Limited(MLCF)

26,433,374

▼ -0.42

Sui South Gas / Jan 24

Sui Southern Gas Company Limited(SSGC)

25,589,495

▲ 4.01

Fauji Foods Ltd / Jan 24

Fauji Foods Limited(FFL)

22,111,604

▲ 0.23

The Searle Co. / Jan 24

The Searle Company Limited(SEARL)

16,724,375

▲ 2.96

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Currency	Rate
USD PKR Interbank Selling / Jan 24	278.80
USD PKR Interbank Buying / Jan 24	278.60
USD to Japanese Yen / Jan 24	155.40
USD to Swiss Franc / Jan 24	0.90
Pound Sterling to USD / Jan 24	1.24
Euro to USD / Jan 24	1.05

Stock	Volume
S&P 500 / Jan 23	6,118.71
Nasdaq / Jan 23	20,053.68
FTSE 100 / Jan 23	8,565.20
Dow Jones / Jan 23	44,565.07
Germany DAX 30 / Jan 23	21,411.53
France CAC40 / Jan 23	7,892.61
India Sensex / Jan 24	76,784.63
Tokyo Nikkei / Jan 24	39,931.98

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 23	18,485
Gold 10 Grams PKR / Jan 23	245,799
Petrol/Litre / Jan 24	256.13
Crude Oil USD/Barrel / Jan 24	74.61
Gold Spot USD/Ounce / Jan 24	2,774.04
Diesel/Litre / Jan 24	260.95

Stock	Price
Escorts Bank / Jan 24 Escorts Investment Bank Limited(ESBL)	6.79 ▲ 1.00 (17.27%)
Agriautos Ind. / Jan 24 Agriauto Industries Limited(AGIL)	111.09 ▲ 10.10 (10.00%)
J.K.Spinning / Jan 24 J.K. Spinning Mills Limited(JKSM)	66.55 ▲ 6.05 (10.00%)
Loads Limited / Jan 24 Loads Limited(LOADS)	18.92 ▲ 1.72 (10.00%)
Sui South Gas / Jan 24 Sui Southern Gas Company Limited(SSGC)	44.11 ▲ 4.01 (10.00%)
Leather Up Ltd. / Jan 24 Leather Up Limited(LEUL)	33.36 ▲ 3.03 (9.99%)
Din Tex. / Jan 24 Din Textile Mills Limited(DINT)	51.80 ▲ 4.70 (9.98%)
Saritow Spinning / Jan 24 Saritow Spinning Mills Limited(SSML)	11.13 ▲ 1.01 (9.98%)
Agritech Limited / Jan 24 Agritech Limited(AGL)	52.29 ▲ 4.60 (9.65%)

Stock	Price
Tri-Star Mutual / Jan 24 Tri-Star Mutual Fund Limited(TSMF)	6.56 ▼ -1.00 (-13.23%)
East West Ins. / Jan 24 East West Insurance Company Limited(EWIC)	51.56 ▼ -5.73 (-10.00%)
Al-Khair Gadoon / Jan 24 Al-Khair Gadoon Limited(AKGL)	32.86 ▼ -3.64 (-9.97%)
Hoechst Pak. / Jan 24 Hoechst Pakistan Limited(HPL)	2,991 ▼ -300.79 (-9.14%)
Sana Ind / Jan 24 Sana Industries Limited(SNAI)	27.02 ▼ -1.58 (-5.52%)
Hussain Industries / Jan 24 Husein Industries Limited(HUSI)	27.90 ▼ -1.52 (-5.17%)
Shadab Textile / Jan 24 Shadab Textile Mills Limited(SHDT)	20.50 ▼ -1.00 (-4.65%)
Reliance Cotton / Jan 24 Reliance Cotton Spinning Mills Limited(RCML)	550 ▼ -25.52 (-4.43%)
Universal Ins. / Jan 24 The Universal Insurance Company Limited(UVIC)	9.07 ▼ -0.42 (-4.43%)

Stock	Volume
Cnergyico PK / Jan 24 Cnergyico PK Limited(CNERGY)	143,693,542 ▼ -0.05
WorldCall Telecom / Jan 24 Worldcall Telecom Limited(WTL)	78,194,783 ▲ 0.04
Fauji Cement / Jan 24 Fauji Cement Company Limited(FCCL)	47,170,217 ▼ -0.85
Lotte Chemical / Jan 24 Lotte Chemical Pakistan Limited(LOTCHEM)	35,630,848 ▼ -0.06
Citi Pharma Ltd / Jan 24 Citi Pharma Ltd.(CPHL)	32,528,835 ▲ 0.58
Maple Leaf Cement / Jan 24 Maple Leaf Cement Factory Limited(MLCF)	26,433,374 ▼ -0.42
Sui South Gas / Jan 24 Sui Southern Gas Company Limited(SSGC)	25,589,495 ▲ 4.01
Fauji Foods Ltd / Jan 24 Fauji Foods Limited(FFL)	22,111,604 ▲ 0.23
The Searle Co. / Jan 24 The Searle Company Limited(SEARL)	16,724,375 ▲ 2.96