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Print - 2018-11-13
Zverev sees off Cilic threat in error-strewn ATP Finals contest

Zverev sees off Cilic threat in error-strewn ATP Finals contest

Alexander Zverev saw off the challenge of Marin Cilic 7-6 (7/5), 7-6 (7/1) at the ATP Finals on Monday as Novak Djokovic prepared to launch his campaign for a record-equalling sixth title. In a match littered with dozens of unforced errors at London's O2
Published 13 Nov, 2018 12:00am
Local community invited to identify new tourist resorts in KP

Local community invited to identify new tourist resorts in KP

The Sports, Tourism, Archaeology, Culture, Museums and Youth Affairs Department has decided to launch a campaign 'Spot-a-Spot' to identify new tourist resorts to develop them on modern lines to attract more tourists and visitors to the province.
Published 13 Nov, 2018 12:00am
Musharraf challenges special court's order in IHC

Musharraf challenges special court's order in IHC

Former Army Chief General Pervez Musharraf (retd) Monday approached the Islamabad High Court (IHC) to challenge an order of a Special Court to set up a commission for recording his statement abroad.
Published 13 Nov, 2018 12:00am
Canada in talks with government over possibly taking in Aasia Bibi

Canada in talks with government over possibly taking in Aasia Bibi

Canadian Prime Minister Justin Trudeau said Monday that his government was holding talks with Pakistan over potentially offering asylum to Aasia Bibi. "We are in discussions with the Pakistani government," Trudeau said in an interview with AFP in Paris, w
Published 13 Nov, 2018 12:00am
Rabbani presents bill binding government to submit pacts in Parliament

Rabbani presents bill binding government to submit pacts in Parliament

Pakistan Peoples Party (PPP) Senator Raza Rabbani on Monday presented a bill in the Senate, seeking to bind the government to place agreements and contracts to be signed with other countries, donors and international monetary organisations before the Parl
Published 13 Nov, 2018 12:00am
NAB granted leave to appeal against Nawaz, daughter

NAB granted leave to appeal against Nawaz, daughter

The Supreme Court Monday granted leave to appeal to National Accountability Bureau (NAB) against former Prime Minister Nawaz Sharif and his daughter Maryam Safdar saying it would decide about the formation of larger bench upon receiving the points of both
Published 13 Nov, 2018 12:00am
NAB DGs, director and official banned for talking to media

NAB DGs, director and official banned for talking to media

Chairman National Accountability Bureau (NAB) Justice Javed Iqbal (retd) banned all director generals (DGs), director and other official of the bureau from giving interviews to media. The chairman said the NAB spokesman was authorised to share information
Published 13 Nov, 2018 12:00am
Twitter warns rights activists over government criticism

Twitter warns rights activists over government criticism

Social network Twitter has warned two Pakistani rights activists against objectionable content, they said on Monday. The warnings come a week after Twitter suspended the account of an ultra-right cleric who issued threats to the government and judiciary o
Published 13 Nov, 2018 12:00am
Senate witnesses exchange of hot words, allegations

Senate witnesses exchange of hot words, allegations

The opposition benches in Senate Monday came down hard on Prime Minister Imran Khan for allegedly 'washing dirty linen in China' and his government for 'botched' handling of the recent sit-in staged by Tehreek-e-Labbaik Pakistan (TLP).
Published 13 Nov, 2018 12:00am
Broad-based strategy to be mapped out to tackle miscreants: DIG East

Broad-based strategy to be mapped out to tackle miscreants: DIG East

Deputy Inspector General Karachi East, Aamir Farooqui Monday said that a broad-based strategy would be mapped out to tackle miscreants and emergency situations. Addressing industrialists at Korangi Association of Trade and Industry (KATI), Farooqui said t
Published 13 Nov, 2018 12:00am
Arrangements for Eid-e-Millad-un-Nabi (PBUH) reviewed

Arrangements for Eid-e-Millad-un-Nabi (PBUH) reviewed

To review the arrangements for celebrating Eid-e-Millad-un-Nabi (PBUH), a meeting was held under the Chairmanship of Additional Deputy Commissioner-I Hyderabad Muhammad Usman Tahir at Shahbaz Building on Monday. The SP Headquarter Aftab Nizamani, MD WASA
Published 13 Nov, 2018 12:00am
Khurram now KCCI's acting president

Khurram now KCCI's acting president

KCCI senior vice president Khurram Shahzad has assumed charge as acting president because Karachi Chamber of Commerce and Industry (KCCI) president Junaid Esmail Makda has gone out of country. Khurram Shahzad has remained associated with the Karachi Chamb
Published 13 Nov, 2018 12:00am
Transfer of Cane Commissioner: Sindh CS summoned in contempt petition

Transfer of Cane Commissioner: Sindh CS summoned in contempt petition

Sindh High Court on Monday summoned Chief Secretary (CS) Sindh to appear in the court on November 20, 2018 in a "contempt of court" petition against Sindh Government for transferring Cane Commissioner, who was to head the committee to settle the issue of
Published 13 Nov, 2018 12:00am
Ghias represents Engro at Nest I/O's 021 Disrupt Conference

Ghias represents Engro at Nest I/O's 021 Disrupt Conference

Ghias Khan, President & CEO of Engro Corporation, one of Pakistan's biggest conglomerates, shared his practical experiences and insights on working as both an entrepreneur and a corporate professional, on day 2 of Nest I/O's 021 Disrupt Conference.
Published 13 Nov, 2018 12:00am
KA Hanteng Motor gets 'Greenfield' status

KA Hanteng Motor gets 'Greenfield' status

Government of Pakistan has awarded category-A Greenfield Investment status to KA Hanteng Motor Company Pvt Ltd, under automotive development policy 2016-21 which will bring an investment of about $50 million in auto sector.
Published 13 Nov, 2018 12:00am
KMC directed to remove illegal constructions around parks

KMC directed to remove illegal constructions around parks

As the ongoing anti-encroachment operation entered its 8th phase on Wednesday, Karachi Mayor Waseem Akhtar has asked the Karachi Metropolitan Corporation's relevant officials to initiate drive against illegal constructions around all parks in this mega ci
Published 13 Nov, 2018 12:00am
Another power outage hits Karachi

Another power outage hits Karachi

Karachiites suffered due to another power breakdown that mainly targeted schoolchildren and office-going citizens on Monday morning, the first day of the week. However, many parts complained of two power outages; one in the morning, and another at noon. T
Published 13 Nov, 2018 12:00am
School fee case: SHC orders compliance of court verdicts

School fee case: SHC orders compliance of court verdicts

A larger bench of Sindh High Court (SHC) on Monday ordered compliance of court orders via-a-viz increase in school fee, barring the private schools to raise the fee by more than five percent annually and issued "contempt of court" notices to Director Gene
Published 13 Nov, 2018 12:00am
SAI employees demand probe, audit of airline's holdings, accounts

SAI employees demand probe, audit of airline's holdings, accounts

The employees of Shaheen Air International (SAI) on Monday demanded to initiate investigation and audit of airline's holdings, local and foreign accounts by agencies concerned. Speaking at a press conference held at Karachi Press Club (KPC), Captain Nadee
Published 13 Nov, 2018 12:00am
Critical role of CPEC highlighted at fourth trilateral dialogue

Critical role of CPEC highlighted at fourth trilateral dialogue

Chinese and Afghan envoys Monday highlighted the critical role of China-Pakistan Economic Corridor (CPEC) in socio-economic development and restoration of lasting peace in war-torn Afghanistan. The 'China-Pakistan-Afghanistan 4th Trilateral Dialogue' was
Published 13 Nov, 2018 12:00am
Karandaaz launches study on bankability of road transport sector

Karandaaz launches study on bankability of road transport sector

Karandaaz Pakistan has launched a study on the bankability of the road transport sector. The transport and logistics sector is one of the most important elements of an economy. While transportation focuses on the movement of goods from one place to anothe
Published 13 Nov, 2018 12:00am
Pakistan highly values its ties with EU: Fawad

Pakistan highly values its ties with EU: Fawad

Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain Monday said Pakistan highly valued its ties with the European Union (EU) and all its member states.
Published 13 Nov, 2018 12:00am
NBP to enhance cooperation with PRCS

NBP to enhance cooperation with PRCS

A delegation of National Bank of Pakistan led by Tariq Jamali, President of NBP visited Pakistan Red Crescent Society National Headquarters here on Friday.
Published 13 Nov, 2018 12:00am
CPEC: ML-1 plan to be finalised next month, says Rashid

CPEC: ML-1 plan to be finalised next month, says Rashid

Pakistan and China will finalise the Main Line (ML-1) plan under the China-Pakistan Economic Corridor (CPEC) next month, which is being considered a project of strategic importance. This was stated by Minister for Railways Sheikh Rashid Ahmad while addres
Published 13 Nov, 2018 12:00am
Packaging plant to bring Rs 2.5 billion investment in KP: KPEZDMC CEO

Packaging plant to bring Rs 2.5 billion investment in KP: KPEZDMC CEO

Chief Executive Officer Khyber Pakthunkhwa Economic Zones Development and Management Company (KPEZDMC), Saeed Ahmad Khan has said that establishment of a flexible packaging plant by Cherat Packages in Gadoon industrial estate will bring Rs 2.5 billion inv
Published 13 Nov, 2018 12:00am
South Korea's envoy meets Rashid

South Korea's envoy meets Rashid

Kwak Sung-Kyu, South Korea's Ambassador to Pakistan called on Sh. Rasheed Ahmad, Federal Minister for Railways on Monday at ministry of Railways. The Ambassador showed interest in up gradation of Ml II and III. A high-level South Korean delegation is comi
Published 13 Nov, 2018 12:00am
Anti-polio drive launched in Lahore

Anti-polio drive launched in Lahore

The Lahore District Administration on Monday launched a three-day anti-polio drive in the provincial capital during which 1.7 million children under five will be vaccinated with polio drops. While taking to media, District Commissioner Lahore Saliha Saeed
Published 13 Nov, 2018 12:00am
Punjab government ensuring financial discipline: CM

Punjab government ensuring financial discipline: CM

Punjab Chief Minister Sardar Usman Buzdar on Monday said the provincial government is ensuring financial discipline which would help control unnecessary expenditures and paving the way for good governance. "The reforms agenda of the PTI government is peop
Published 13 Nov, 2018 12:00am
PCSIR to set up science, technology park

PCSIR to set up science, technology park

Pakistan Council of Scientific and Industrial Research (PCSIR) is setting up Science, Technology & Innovation Park (STIP) at the PCSIR Labs Complex that will accelerate research, creativity, innovation, technology development, entrepreneurship and commerc
Published 13 Nov, 2018 12:00am
Video leak: Imran summons Buzdar, Sarwar and Elahi

Video leak: Imran summons Buzdar, Sarwar and Elahi

Prime Minister Imran Khan is learnt to have called Punjab Chief Minister Usman Buzdar, Governor Ch Sarwar and Punjab Assembly Speaker Pervaiz Elahi to Islamabad following a video leak in which PML-Q's Tariq Bashir Cheema, who is also federal minister, req
Published 13 Nov, 2018 12:00am
NAB chairman directs expeditious disposal of corruption cases

NAB chairman directs expeditious disposal of corruption cases

National Accountability Bureau (NAB) Chairman Justice Javed Iqbal (r) on Monday visited the Lahore Bureau and directed expeditious disposal of corruption cases. In a meeting, the NAB chairman reviewed overall performance of the Bureau, especially progress
Published 13 Nov, 2018 12:00am
GCU, Pretoria University sign MoU

GCU, Pretoria University sign MoU

The Government College University, Lahore and University of Pretoria, South Africa Monday signed a memorandum of understanding (MoU) for student and faculty exchange and research collaboration in the field of Mathematics. GCU Vice Chancellor Prof Dr Hassa
Published 13 Nov, 2018 12:00am
PIAF urges government to take steps for squeezing trade deficit

PIAF urges government to take steps for squeezing trade deficit

The Pakistan Industrial and Traders Associations Front (PIAF) has asked the government to take measures to squeeze the country's trade deficit which slightly fell to $8.86 billion in first quarter of current fiscal from the $9.01 billion reported in corre
Published 13 Nov, 2018 12:00am
Foreign investment will be given complete protection: minister

Foreign investment will be given complete protection: minister

Punjab Minister for Industry and Trade Mian Aslam Iqbal has said that foreign investment would be given complete legal protection and Saudi investors would be provided every possible facility for investing in the province.
Published 13 Nov, 2018 12:00am
AkzoNobel starts coil coatings production

AkzoNobel starts coil coatings production

Customers in Pakistan now have direct access to AkzoNobel's coil coatings following the start of production in Lahore, making the company the only local manufacturer of coil coatings in the whole country.
Published 13 Nov, 2018 12:00am
Omni Group owes Rs 13.6 billion to banks, court told

Omni Group owes Rs 13.6 billion to banks, court told

The Supreme Court was informed on Monday that total outstanding loan amount (Cash Finance activity) against pledge of stock from four banks against Omni Group is approximately Rs13.6 billion. In pursuant of the court order, the Joint Investigation Team co
Published 13 Nov, 2018 12:00am
IHC extends interim bail of Dr Shahid Masood till November 23

IHC extends interim bail of Dr Shahid Masood till November 23

Islamabad High Court Monday extended interim bail of anchorperson Dr Shahid Masood till November 23 in the Pakistan Television (PTV) corruption scam. A single bench of IHC comprising Justice Mohsin Akhtar Kayani heard the petition challenging the Special
Published 13 Nov, 2018 12:00am
Sindh CS for timely completion of uplift projects

Sindh CS for timely completion of uplift projects

Chief Secretary Sindh Syed Mumtaz Ali Shah has advised the administrative secretaries, commissioners and deputy commissioners to ensure the timely completion of the development projects qualitatively and transparently. He was addressing a review meeting o
Published 13 Nov, 2018 12:00am
Pakistan Petroleum Limited
Mutual Funds

Pakistan Petroleum Limited

Being responsible for 22 percent of the country's gas production, Pakistan Petroleum Limited (PSX: PPL) has been an aggressive player in the oil and gas exploration and production sector. In 1997, BOC disinvested from the E&P sector worldwide and sold its
Published 13 Nov, 2018 12:00am
Pakistan Petroleum Limited
Mutual Funds

Pakistan Petroleum Limited

Being responsible for 22 percent of the country's gas production, Pakistan Petroleum Limited (PSX: PPL) has been an aggressive player in the oil and gas exploration and production sector. In 1997, BOC disinvested from the E&P sector worldwide and sold its
Published 13 Nov, 2018 12:00am
Zulfi Bukhari's appointment: SC issues notices to respondents

Zulfi Bukhari's appointment: SC issues notices to respondents

The Supreme Court on Monday issued notices to Special Assistant to Prime Minister on Overseas Pakistanis and Human Resource Development Zulfiqar Abbas Bukhari and other respondents in a petition seeking removal of Bukhari from the office.
Published 13 Nov, 2018 12:00am
Afridi vows to make Islamabad Police a model police

Afridi vows to make Islamabad Police a model police

Minister of State for Interior Shehryar Khan Afridi on Monday said that he would try his best to equip Islamabad Police with latest technology to make it a model police for provinces. He said this while addressing a ceremony to pay tribute to police marty
Published 13 Nov, 2018 12:00am
RTC held to outline preliminary thoughts for reforming SOEs

RTC held to outline preliminary thoughts for reforming SOEs

Al-Aman Research and Consulting Group, Al-Aman Holding (Pvt) Ltd and the Centre of Excellence, China-Pakistan Economic Corridor (CPEC), Pakistan Institute for Development Economics (PIDE) proposed to convene the first of a series of conferences to deliber
Published 13 Nov, 2018 12:00am
Gwadar, SEZs JWG under CPEC to discuss projects on November 15

Gwadar, SEZs JWG under CPEC to discuss projects on November 15

A meeting of Joint Working Group (JWG) on Gwadar under the China Pakistan Economic Corridor (CPEC) umbrella would be held on Thursday (November 15) to discuss projects relating to Gwadar and Special Economic Zones (SEZs).
Published 13 Nov, 2018 12:00am
North Korea hiding missile bases: US researchers

North Korea hiding missile bases: US researchers

North Korea is operating at least 13 undeclared bases to hide mobile, nuclear-capable missiles, a new study released Monday has found, raising fresh doubts over US President Donald Trump's signature foreign policy initiative.
Published 13 Nov, 2018 12:00am
At least six killed in Kabul suicide attack

At least six killed in Kabul suicide attack

Six people were killed when a suicide bomber blew himself up in Kabul Monday, close to where scores of Afghans had been protesting against Taliban attacks on the minority Hazara ethnic group. The attack is the latest in a wave of violence across war-torn
Published 13 Nov, 2018 12:00am
Turkey, France spar over Khashoggi killing

Turkey, France spar over Khashoggi killing

Turkey on Monday lashed out at "unacceptable" and "impertinent" comments by the French foreign minister who accused President Recep Tayyip Erdogan of playing a "political game" over the murder of Jamal Khashoggi. Erdogan said on Saturday that Turkey had s
Published 13 Nov, 2018 12:00am
Chances of Brexit deal this month fade

Chances of Brexit deal this month fade

The already slim chance that a Brexit deal would be agreed this month receded still further on Monday as another EU meeting ended without a breakthrough. European Union chief negotiator Michel Barnier warned ministers from member states that no deal has b
Published 13 Nov, 2018 12:00am
Amnesty strips Aung San Suu Kyi of highest honour

Amnesty strips Aung San Suu Kyi of highest honour

Amnesty International on Monday stripped Aung San Suu Kyi of its highest honour over the de facto Myanmar leader's "indifference" to the atrocities committed by the country's military against Rohingya Muslims. The London-based global human rights organisa
Published 13 Nov, 2018 12:00am
Austria celebrates 100 years as a republic

Austria celebrates 100 years as a republic

Austria on Monday marked its 100th anniversary as a republic born from the embers of World War I and the Austro-Hungarian empire with a lavish ceremony at Vienna's prestigious State Opera House. The sprawling Austro-Hungarian empire was broken up in the w
Published 13 Nov, 2018 12:00am
Iran sticking to nuclear deal conditions: IAEA

Iran sticking to nuclear deal conditions: IAEA

Iran has been abiding by the terms of its nuclear deal with global powers, the latest report from the UN atomic watchdog indicated Monday, days after fresh US sanctions hit the country. The International Atomic Energy Agency's latest report showed that as
Published 13 Nov, 2018 12:00am
WHO maps dangerous misuse of antibiotics

WHO maps dangerous misuse of antibiotics

The World Health Organization warned Monday that antibiotics consumption is dangerously high in some countries while a shortage in others is spurring risky misuse, driving the emergence of deadly superbug infections. In a first, the United Nations health
Published 13 Nov, 2018 12:00am
Bangladesh cricket captain Mashrafe to stand in election

Bangladesh cricket captain Mashrafe to stand in election

Bangladesh's one-day international captain Mashrafe Mortaza will stand in next month's election, the ruling party announced Monday, after Prime Minister Sheikh Hasina endorsed the superstar's foray into politics. A photograph of 35-year-old Mashrafe, who
Published 13 Nov, 2018 12:00am
150 killed in battle for Yemen's Hodeida as global alarm grows

150 killed in battle for Yemen's Hodeida as global alarm grows

At least 150 people have been killed in 24 hours of clashes in the Yemeni port city of Hodeida, medics said Monday, as Britain's top diplomat visited Riyadh seeking to boost international calls for a ceasefire. Government loyalists supported by a Saudi-le
Published 13 Nov, 2018 12:00am
Ethiopia arrests senior military and intelligence officers

Ethiopia arrests senior military and intelligence officers

Ethiopia has arrested 63 senior military and intelligence officers accused of corruption and human-rights abuses, the country's attorney general, Berhanu Tsegaye, said Monday. The arrests are a rare move against the country's powerful security apparatus.
Published 13 Nov, 2018 12:00am
Sterling pinned near 10-day lows
Currency

Sterling pinned near 10-day lows

The pound held near a 10-day low on Monday as the twin forces of a resurgent dollar and reduced expectations of a Brexit deal fuelled a selloff. In volatile trading, sterling fell to a 1-1/2 week low of $1.2827 as negative headlines over the last 48 hours
Published 13 Nov, 2018 12:00am
Asian currencies fall on global worries
Currency

Asian currencies fall on global worries

Asian currencies started the week lower on Monday as concerns about global growth coupled with US Federal Reserve's hawkish stance hit risk-sensitive assets and boosted the US dollar. Last week, the Fed reaffirmed its plan to raise interest rates by 25 ba
Published 13 Nov, 2018 12:00am
Forint falls and Romanian CPI decline disappoints

Forint falls and Romanian CPI decline disappoints

The forint eased slightly on Monday as dollar buying amid worries over Britain's talks to quit the European Union weighed on Central European currencies. The forint traded at 321.75 against the euro at 1450 GMT, down 0.1 percent. Against the dollar it tou
Published 13 Nov, 2018 12:00am
Dollar hits 16-month high in Europe
Currency

Dollar hits 16-month high in Europe

The dollar rallied to a 16-month high on Monday as investors positioned for a Federal Reserve interest rate rise next month and concern about political risks in Europe put pressure on the euro and the pound. The dollar fell last week on the belief that lo
Published 13 Nov, 2018 12:00am
Early trade in NY: dollar climbs to 16-month peak
Currency

Early trade in NY: dollar climbs to 16-month peak

The dollar reached a 16-month high on Monday against a basket of currencies as investors built bets on a Federal Reserve interest rate increase next month, and political risks in Europe which put pressure on the euro and the pound. Fears about a no-deal B
Published 13 Nov, 2018 12:00am
Dollar rises in Asia
Currency

Dollar rises in Asia

The dollar rose to a fresh 16-month high versus its key rivals on Monday as traders punished the euro and sterling on growing uncertainty over a smooth Brexit deal. The US currency has also been supported by the Federal Reserve, which last week reaffirmed
Published 13 Nov, 2018 12:00am
Aussie, kiwi ease
Currency

Aussie, kiwi ease

The Australian and New Zealand dollars eased again on Monday as concerns about global growth resurfaced, weighing on risk-sensitive assets including equities. The currencies were also dragged down by a broadly stronger US dollar after the Federal Reserve
Published 13 Nov, 2018 12:00am
Ronaldo keeps Juve flying high at San Siro

Ronaldo keeps Juve flying high at San Siro

Cristiano Ronaldo scored as Juventus bounced back from their midweek Champions League defeat by Manchester United with a 2-0 win over 10-man AC Milan in Serie A on Sunday, as Gonzalo Higuain missed a penalty before being sent off for the hosts. Mario Mand
Published 13 Nov, 2018 12:00am
Asim, Madina win Chairman POF Board Squash titles

Asim, Madina win Chairman POF Board Squash titles

Asim Khan SNGPL won the title of 3rd Chairman POF Board National Men Squash Championship 2018 by defeating Israr Ahmed with the score 11-6, 11-6, 7-11, 10-12 and 11-7 (3-2). In women final, Madina Zafar SNGPL defeated Amina Fiaz PIA & clinched the trophy
Published 13 Nov, 2018 12:00am
Bestway Cement Limited Building On Strength

Bestway Cement Limited Building On Strength

Bestway Cement is part of Bestway Group of the UK which is a unique and successful conglomerate, consisting of businesses spread across the globe with the help of committed, professional and hardworking management and staff, together with loyal customers
Published 13 Nov, 2018 12:00am
China's steel futures edge lower

China's steel futures edge lower

China's steel futures edged lower on Friday and posted their second weekly drop amid signs that steel output in the world's top producer will remain high, pushing prices of raw material iron ore to a one-week peak. The most actively traded rebar on the Sh
Published 13 Nov, 2018 12:00am
CBOT corn futures down on technical selling

CBOT corn futures down on technical selling

Chicago Board of Trade corn futures ended lower Friday on technical selling and a stronger dollar, which tends to make US grains less competitive globally, traders said. CBOT December corn settled down 3-3/4 cents at $3.69-3/4 per bushel, just above chart
Published 13 Nov, 2018 12:00am
Cotton prices firm as business activity improves
Currency

Cotton prices firm as business activity improves

Prices stabilised on the cotton market on Monday in the process of improved business activity, dealers said. The official spot rate maintained overnight level at Rs 8,900, they added. Prices of seed cotton in Sindh were at Rs 3700-4200, in the Punjab seed
Published 13 Nov, 2018 12:00am
Gold demand rises during India's key festival

Gold demand rises during India's key festival

Demand for physical gold gathered steam during a key festival week, shrugging off a recent downtrend going into the traditional busy wedding season, while other major Asian hubs saw limited activity. India, the second biggest bullion consumer after China,
Published 13 Nov, 2018 12:00am
China's October soyabean imports jump 18 percent
Vegetable Oil

China's October soyabean imports jump 18 percent

China's soyabean imports jumped by nearly a fifth in October from a year earlier, customs data showed on Thursday, with buyers stocking up on Brazilian beans amid worries over tight supply in the fourth quarter due to the Sino-US trade war.
Published 13 Nov, 2018 12:00am
European gasoline margins fall

European gasoline margins fall

Benchmark northwest European gasoline refining margins ended the week lower but export activity to West Africa capped losses. Several new tankers were booked in recent days to load gasoline in Europe to go to the West African market, where Nigeria has bee
Published 13 Nov, 2018 12:00am
Indian rice export prices recover from 21-months lows

Indian rice export prices recover from 21-months lows

Rice export prices in India recovered this week from their lowest in 21-months on increased rates for local paddy, while trade was muted in Vietnam and Thailand as traders waited for fresh orders from the Philippines. Top exporter India's 5 percent broken
Published 13 Nov, 2018 12:00am
CBOT wheat futures fall on sluggish demand
Currency

CBOT wheat futures fall on sluggish demand

Chicago Board of Trade wheat futures fell to a one-week low Friday on concerns about sluggish export demand for US supplies given stiff competition from Russia and a rebound in the dollar, traders said. CBOT December soft red winter what settled down 5-3/
Published 13 Nov, 2018 12:00am
Coffee traders trim Vietnam output forecast; Indonesian market quiet

Coffee traders trim Vietnam output forecast; Indonesian market quiet

Output from Vietnam's 2018-19 harvest, which started from last month, may not be as high as previously forecast due to unfavourable weather conditions, traders said on Thursday. Traders forecast the output to be around 27 million 60-kg bags for the crop y
Published 13 Nov, 2018 12:00am
Canadian canola futures higher

Canadian canola futures higher

ICE Canadian canola futures edged higher, boosted by strength in soyabean and rapeseed prices. Trade was lackluster, with little interest in buying or selling, a trader said. Most-active January canola gained 60 cents to $482.40. January-March canola spre
Published 13 Nov, 2018 12:00am
Message From Chief Executive INTERCEM

Message From Chief Executive INTERCEM

It has been a long-held ambition to bring INTERCEM to Pakistan and are delighted that we can convene the conference in Lahore today.
Published 13 Nov, 2018 12:00am
Message From Chairman APCMA

Message From Chairman APCMA

All Pakistan Cement Manufacturers Association (APCMA) has been playing key role in promoting local industry and bridging the gap among industry, government and international market.
Published 13 Nov, 2018 12:00am
Message From Vice Chairman APCMA

Message From Vice Chairman APCMA

We were very happy to learn that Intercem has organized a World Cement Conference in Lahore, Pakistan from 12th to 14th November, 2018. We have all attended their conferences in Dubai and other parts of the world and have even taken advantage by networkin
Published 13 Nov, 2018 12:00am
Message From Chairman Seatrade Group of Companies

Message From Chairman Seatrade Group of Companies

It is indeed a momentous occasion for All Pakistan Cement Manufacturers Association to convince Intercem which is always the largest gathering of cement producers, sellers, buyers, cement machinery manufacturers and allied services worldwide and conferenc
Published 13 Nov, 2018 12:00am
What is cement?

What is cement?

"Cement" is a material with adhesive and cohesive properties that makes it capable of bonding mineral fragment into a compact and rigid mass. The word cement seems to have been derived from the middle age English "cyment", and Latin "caementum". The latte
Published 13 Nov, 2018 12:00am
Pakistan to host prestigious international cement conference

Pakistan to host prestigious international cement conference

This November, Lahore will host senior representatives from the international cement sector as the city welcomes INTERCEM, a major international cement production and trading conference and exhibition for the first time. The meeting is being held in assoc
Published 13 Nov, 2018 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (November 12, 2018).

Published 13 Nov, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (November 12, 2018).

Published 13 Nov, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (November 12, 2018).
Published 13 Nov, 2018 12:00am