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Print - 2018-11-16
Brazilian sugar firms cut debt to five-year low

Brazilian sugar firms cut debt to five-year low

Sugar and ethanol producers in Brazil have reduced their debt to the lowest level in five years as a result of sharp cost cuts and almost no investments in cane processing capacity, investment bank Itaú BBA said on Tuesday.
Published 16 Nov, 2018 12:00am
Traffic solution plan: SHC gives one-month time to stakeholders

Traffic solution plan: SHC gives one-month time to stakeholders

Sindh High Court (SHC) on Thursday directed all the stakeholders to work mutually for devising a plan to resolve the deteriorating traffic situation in the metropolis and gave one month deadline in this regard. A division bench of SHC headed by Justice Mu
Published 16 Nov, 2018 12:00am
JIT seeks more time in fake bank accounts case

JIT seeks more time in fake bank accounts case

A banking court on Thursday reserved its verdict into a plea of Federal Investigation Agency (FIA), seeking more time for questioning Omni Group head, Anwar Majeed and others in fake bank accounts case. During the hearing, the joint interrogation team (JI
Published 16 Nov, 2018 12:00am
SP Dawar killing: Senators reject Afridi's statement

SP Dawar killing: Senators reject Afridi's statement

Rejecting a policy statement given by State Minister for Interior Shehryar Khan Afridi on gruesome killing of a police officer who had gone missing from Islamabad last month and was found dead in Afghanistan, the opposition lawmakers in the Senate Thursda
Published 16 Nov, 2018 12:00am
SC moved to de notify TLP as political party

SC moved to de notify TLP as political party

The apex court has been approached to de-notify Tehreek-e-Labbaik Pakistan (TLP) as a political party and initiate contempt of court proceeedings against its leadership Barrister Masroor Shah Thursday filed a petition against the TLP under the Article 184
Published 16 Nov, 2018 12:00am
Director Parliament Lodges under scrutiny over allocation of shops

Director Parliament Lodges under scrutiny over allocation of shops

A meeting of the sub-committee of the Senate House Committee has taken strong exception to the allegations of corruption against the director Parliament Lodges and directed to allocate shops in the Lodges to those who meet criteria in tendering process.
Published 16 Nov, 2018 12:00am
Sanjrani's appointment as acting President challenged in IHC

Sanjrani's appointment as acting President challenged in IHC

Islamabad High Court (IHC) Thursday directed the respondents to submit their replies in a petition challenging the appointment of chairman Senate Sadiq Sanjrani as acting President in the absence of incumbent President of Pakistan.
Published 16 Nov, 2018 12:00am
Pakistan committed to peace in Afghanistan: FO

Pakistan committed to peace in Afghanistan: FO

Spokesperson Foreign Office Dr Mohammad Faisal Thursday said that Pakistan is committed to peace in Afghanistan and that's why it actively participated in a recent Russian-sponsored peace talks. Addressing a weekly press briefing here at the Ministry of F
Published 16 Nov, 2018 12:00am
Concerns pursuant to notifications issued to INGOs highlighted

Concerns pursuant to notifications issued to INGOs highlighted

Foreign Office Thursday said that pursuant to notifications issued to 18 INGOs on 2 October 2018 about rejection of their registration applications and closure of operations, a number of media queries have been raised. Broadly, three concerns have been hi
Published 16 Nov, 2018 12:00am
KCCI appoints chairpersons of various committees

KCCI appoints chairpersons of various committees

Karachi Chamber of Commerce and Industry (KCCI) has appointed chairpersons of 19 sub-committees and four special committees for the year 2018-19. Chairman Businessmen Group & Former President KCCI, Siraj Kassam Teli, Vice Chairmen BMG Tahir Khaliq, Zubair
Published 16 Nov, 2018 12:00am
Japan extends grant for KVTC project

Japan extends grant for KVTC project

The Government of Japan extended a grant of $60,975 with a view to contribute towards the execution of the project for Karachi Vocational Training Centre (KVTC) titled, 'The Project for Providing Modern Transport Vehicle for the Intellectually Challenged
Published 16 Nov, 2018 12:00am
5th Job & Trade Fair held at Isra university

5th Job & Trade Fair held at Isra university

Career Development Centre (CDC) under the Office of Research, Innovation & Commercia-lization (ORIC) organized 5th Job & Trade Fair 2018 at Isra University, Hyderabad on Thursday. The event was sponsored by The Palm Builders & Developers. More than 50 nat
Published 16 Nov, 2018 12:00am
President lauds Bohra community's role

President lauds Bohra community's role

President Dr Arif Alvi Thursday said Bohra community and Burhani Foundation were playing a laudable role for socio-economic development of the country and preservation of the environment. The president said this in a meeting with a delegation of Dawoodi B
Published 16 Nov, 2018 12:00am
Child beggary; Sindh government collaborating with UNICEF: adviser

Child beggary; Sindh government collaborating with UNICEF: adviser

Adviser to Chief Minister Sindh on information, law and anti-corruption, barrister Murtaza Wahab has said that Government of Sindh is planning a result-oriented work for street children in collaboration with UNICEF to first eliminate child beggary, with t
Published 16 Nov, 2018 12:00am
Workshop on 'Pathology of Avian Diseases' ends

Workshop on 'Pathology of Avian Diseases' ends

The Department of Pathology of the University of Veterinary and Animal Sciences (UVAS) Lahore in collaboration with Charles Louis Davis and Samuel Wesley Thompson DVM Foundation, United States of America USA organised concluding ceremony of three days int
Published 16 Nov, 2018 12:00am
Ways discussed to close market gaps for trade finance

Ways discussed to close market gaps for trade finance

More than 100 representatives from 52 banks from the Caucasus, Central Asia, Mongolia, Pakistan, and Turkey gathered at a forum convened by the Asian Development Bank's (ADB) Trade Finance Programme (TFP) to discuss ways of closing market gaps for trade f
Published 16 Nov, 2018 12:00am
Government urged to provide gas to Sindh industries

Government urged to provide gas to Sindh industries

President of SITE Association of Industry (SAI), Saleem Parekh, has demanded the federal government to provide gas to Sindh province in accordance with the provisions of the Constitution of Pakistan. He also sought Sindh Chief Minister's intervention for
Published 16 Nov, 2018 12:00am
NVSC-2025 conference inaugurated

NVSC-2025 conference inaugurated

Pakistan's premier health services institution, The Indus Health Network (IHN) in collaboration with the Ministry of National Health Services Regulation and Coordination (MONHSRC) and hosted the Stakeholder Engagement Conference for National Vision for Su
Published 16 Nov, 2018 12:00am
Inland Revenue: promotion of officers delayed despite court verdicts

Inland Revenue: promotion of officers delayed despite court verdicts

Ante-dated promotion of a good number of Inland Revenue officers at the Regional Tax Office of Federal Board of Revenue (FBR) is being delayed despite a verdict from the Federal Service Tribunal (FST) in their favour and also endorsed by the Supreme Court
Published 16 Nov, 2018 12:00am
ASU delegation visits UET Peshawar

ASU delegation visits UET Peshawar

The delegation of Arizona State University (ASU), USA led by Dr Sayfe, Advisor, ASU US-Pakistan Center for Advanced Studies in Energy (USPCAS-E) held a meeting with the Vice Chancellor Dr Iftikhar Hussain and senior faculty and administrative staff of UET
Published 16 Nov, 2018 12:00am
Qureshi discusses various issues with Malaysian HC

Qureshi discusses various issues with Malaysian HC

Foreign Minister Makhdoom Shah Mahmood Qureshi received High Commissioner of Malaysia, Ikram Bin Mohammad Ibrahim at the Foreign Office on Thursday. The two sides discussed wide range of issues and expressed satisfaction at the positive growth in relation
Published 16 Nov, 2018 12:00am
PM to visit Malaysia from November 20

PM to visit Malaysia from November 20

Prime Minister Imran Khan will visit Malaysia along with a high-level delegation on November 20-21. This would be the first state visit by any foreign leader since Dr Mahathir Mohamad assumed office in May 2018 and Prime Minister Imran Khan's first bilate
Published 16 Nov, 2018 12:00am
Bus service between Pakistan, China welcomed

Bus service between Pakistan, China welcomed

A bus service has been launched between Pakistan and China and it is hoped that this road-link connectivity would enhance people-to-people contacts between the two brotherly countries. A cross-section of the people from both sides have welcomed the servic
Published 16 Nov, 2018 12:00am
Government launches 'National Road Safety Strategy 2018-2030'

Government launches 'National Road Safety Strategy 2018-2030'

The government on Thursday launched 'National Road Safety Strategy 2018-2030,' envisaging to save more than 6,000 lives by 2030, as road accidents are costing around $9 billion annually to national economy i.e. 3 percent of the GDP.
Published 16 Nov, 2018 12:00am
KP CM forms body to functionalise micro power projects

KP CM forms body to functionalise micro power projects

Khyber Pakhtunkhwa Chief Minister Mahmood Khan Thursday constituted a committee under the headship of Additional Chief Secretary (ACS) to finalize hydle power projects planned for initiation in next five years.
Published 16 Nov, 2018 12:00am
SAARC CCI's 76th ECM concludes successfully in Chennai

SAARC CCI's 76th ECM concludes successfully in Chennai

SAARC Chamber of Commerce and Industry (SAARC CCI) concluded its 76th Executive Committee Meeting (ECM) on November 10, 2018 in Chennai, India under the chair of Ruwan Edirisinghe, President SAARC CCI. The meeting succeeded in chalking out the way forward
Published 16 Nov, 2018 12:00am
APNS expresses gratitude to PM

APNS expresses gratitude to PM

The APNS expresses its profound gratitude to the Prime Minister of Pakistan, Imran Khan who, on the request of the APNS, has issued directives to the concerned ministries to clear the outstanding dues of print media. It hopes that this will enable the med
Published 16 Nov, 2018 12:00am
Baba Fareed free eye camp concludes

Baba Fareed free eye camp concludes

Some 2,300 laser surgeries were performed by the Haji Razzak Janoo Memorial Trust in 263rd Free Eye Camp held from 9th to 15th November, 2018 at Pak Pattan. A 20-member delegation including doctors and volunteers under the leadership of Abdul Rahim Janoo,
Published 16 Nov, 2018 12:00am
EFP arranges meeting on 'trade-related investment policy framework'

EFP arranges meeting on 'trade-related investment policy framework'

"Pakistan's suboptimal performance in attracting Foreign Direct Investment, in general, and manufacturing-oriented FDI, in particular, has been caused by multiple factors. The present industrial policy gives equal preference for all sectors and the extrao
Published 16 Nov, 2018 12:00am
FPCCI polls: Ex-CM Balochistan fielded as BMP presidential contestant

FPCCI polls: Ex-CM Balochistan fielded as BMP presidential contestant

The Businessmen Panel (BMP) has nominated former caretaker chief minister Balochistan Alauddin Marri as its presidential candidate in the election of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) which will be held on December 28 in
Published 16 Nov, 2018 12:00am
MCC Preventive lodges FIR against private customs intelligence staffers

MCC Preventive lodges FIR against private customs intelligence staffers

Model Customs Collectorate (MCC), Preventive has registered a case against private customs intelligence staff (Lapoos) over their attempt to release detained smuggler of betel nuts from custom jail. According to an FIR, the Preventive staff has apprehende
Published 16 Nov, 2018 12:00am
'No boiler accident occurred in Landhi factory'

'No boiler accident occurred in Landhi factory'

No boiler accident occurred in the factory in Landhi as there is no boiler installed in the factory. This is revealed in a preliminarily Inspection report of accident occurred at M/s Atlas Engineering Ltd Landhi. The report is released by Chief Inspector
Published 16 Nov, 2018 12:00am
Javed Akhtar, Shabana arrive to attend Faiz Festival

Javed Akhtar, Shabana arrive to attend Faiz Festival

Renowned Indian poet Javed Akhtar and his film star wife Shabana Azmi arrived in the provincial capital on Thursday to attend 4th Faiz International Festival starting from Friday (today) at Alhamra Arts Council. The couple is scheduled to take part in the
Published 16 Nov, 2018 12:00am
Senate election: Buzdar felicitates PTI candidates

Senate election: Buzdar felicitates PTI candidates

Punjab Chief Minister Sardar Usman Buzdar has congratulated Waleed Iqbal and Seemi Ezdi on their election as senators on two vacant reserved seats of Punjab here on Thursday.
Published 16 Nov, 2018 12:00am
Huawei Y9 now available in aurora purple colour

Huawei Y9 now available in aurora purple colour

HUAWEI Y9 2019 has been getting all the love from Pakistan and Huawei gives yet another reason to excite its fans. The smartphone - touted as the midrange king is now available in a dreamy Aurora Purple colour. A truly high tech smartphone, the HUAWEI Y9
Published 16 Nov, 2018 12:00am
Punjab government to set up 25,000 village councils

Punjab government to set up 25,000 village councils

After making further amendments in the new local bodies system, the Punjab government has decided to set up 25,000 village councils; each village will have an independent set up with financial autonomy. "Under the new system, all villages will become deve
Published 16 Nov, 2018 12:00am
SMEDA asked to identify high-potential sectors of SMEs

SMEDA asked to identify high-potential sectors of SMEs

Advisor to Prime Minister on Commerce, Textile, Industry, Production and Investment Razak Dawood has directed the Small and Medium Enterprises Development Authority (SMEDA) to identify high-potential sectors of SMEs and devise development strategies to cr
Published 16 Nov, 2018 12:00am
NDU officials, senior bureaucrats visit LCCI

NDU officials, senior bureaucrats visit LCCI

A delegation of high officials of National Defence University (NDU) and senior bureaucrats on Thursday visited Lahore Chamber of Commerce and Industry (LCCI) and discussed economic affairs with the LCCI office-bearers. Air Vice Marshal Muhammad Mughees Af
Published 16 Nov, 2018 12:00am
Transfer of employees: LESCO chief dispels impression of any pressure

Transfer of employees: LESCO chief dispels impression of any pressure

Lahore Electric Supply Company (LESCO) Chief Executive Mujahid Pervaiz Chatta has dispelled the impression of any pressure in transfer of company officials. "No negative tactic has been used and I would not let it happen ever," he added. It may be noted t
Published 16 Nov, 2018 12:00am
100 days in power: PML-N to issue white paper on government's failures

100 days in power: PML-N to issue white paper on government's failures

While the ruling PTI government is all set to complete its 100 days in power this month, the Pakistan Muslim League Nawaz (PML-N) has decided to issue white paper to highlight failures of the PTI government. The PML-N would highlight hike in electricity a
Published 16 Nov, 2018 12:00am
Steel melters demand reduction in tax on electricity

Steel melters demand reduction in tax on electricity

Pakistan Steel Melters Association, the largest revenue generating industry of the country, has stated that it cannot sustain sales tax @ Rs 13 per electricity units consumed and more than 100 steel melting furnaces and re-rolling mills of Gujranwala and
Published 16 Nov, 2018 12:00am
Graduation ceremony held for 61 young entrepreneurs

Graduation ceremony held for 61 young entrepreneurs

Citi Foundation (Citi) in partnership with the British Asian Trust and the LUMS National Incubation Centre (NIC) Lahore hosted a graduation ceremony for 61 young entrepreneurs from disadvantaged urban areas whose businesses were incubated as part of this
Published 16 Nov, 2018 12:00am
Million March held: speakers decry release of Aasia Bibi

Million March held: speakers decry release of Aasia Bibi

Mutahida Majlis-e-Amal (MMA) President Maulana Fazlur Rehman has said that the world colonialism and rulers could not pull out the love of holy Prophet (PBUH) from the hearts of Muslims. While addressing a Tahafuz-e-Namoos-e-Risalat million march on Thurs
Published 16 Nov, 2018 12:00am
All arrangements finalised to celebrate Eid Milad

All arrangements finalised to celebrate Eid Milad

"All necessary security and administrative arrangements have been finalised to celebrate the Eid Milad-un-Nabi (PBUH) in a befitting manner during the peaceful environment." This was disclosed by Divisional Commissioner Asif Iqbal Ch while addressing the
Published 16 Nov, 2018 12:00am
NICVD marks 'World Diabetes Day'

NICVD marks 'World Diabetes Day'

National Institute of Cardiovascular Diseases (NICVD) celebrated World Diabetes Day on November 14, 2018 and organized a "Free Screening Camp". Hundreds of people included women were screened for Blood Glucose, Uric Acid, Blood Pressure and BMI as well. P
Published 16 Nov, 2018 12:00am
POF Board chairman inaugurates Futsal

POF Board chairman inaugurates Futsal

Lieutenant General Sadiq Ali, HI(M), Chairman POF Board inaugurated a Futsal in Sector-14 in which Basketball, Volleyball & Football playing facilities are available. Begum Chairman POF Board also inaugurated a park adjacent to this Futsal. A Reading Room
Published 16 Nov, 2018 12:00am
Governors' Conference: President violated Constitution, claims Rabbani

Governors' Conference: President violated Constitution, claims Rabbani

Former Chairman Senate Raza Rabbani on Thursday said that after the 18th amendment, the offices of both president and governors have only ceremonial roles and President Dr Arif Alvi violated the Constitution by holding the Governors' Conference without th
Published 16 Nov, 2018 12:00am
51 percent decline in FDI from China blamed for cumulative contraction

51 percent decline in FDI from China blamed for cumulative contraction

A decline of 51 percent in foreign direct investment (FDI) from China is responsible for 39 percent of FDI's cumulative contraction of 46.6 percent during July-October 2019 over the same period a year before. FDI from China declined to $334.9 million in t
Published 16 Nov, 2018 12:00am
Removal of ATIR chairman: PHC issues pre-admission notices

Removal of ATIR chairman: PHC issues pre-admission notices

Peshawar High Court (PHC) has issued pre-admission notices to the office of Prime Minister, secretary Establishment Division, secretary law, chairman Federal Public Service Commission, chairman National Accountability Bureau, director general Federal Inve
Published 16 Nov, 2018 12:00am
Qureshi leaves for UAE

Qureshi leaves for UAE

Foreign Minister Shah Mehmood Qureshi Thursday left for the United Arab Emirates to attend the 9th Sir Bani Yas Forum. The forum, organized by the UAE Ministry of Foreign Affairs.
Published 16 Nov, 2018 12:00am
600 surveillance cameras: NAB chief directs complaint verification

600 surveillance cameras: NAB chief directs complaint verification

Chairman National Accountability Bureau (NAB) former Justice Javed Iqbal on Thursday directed complaint verification of non-functioning of 600 surveillance cameras of safe city from out of a total of 1800 cameras installed in the federal capital.
Published 16 Nov, 2018 12:00am
US, China clash over WTO at Asia-Pacific meeting

US, China clash over WTO at Asia-Pacific meeting

A bid by Washington to use an upcoming Apec summit to pillory the World Trade Organization has left member states deeply divided on the eve of leaders' arrivals. The United States insistence that members of Apec agree to publicly criticise the WTO - sayin
Published 16 Nov, 2018 12:00am
Denmark creates global research hub for antibiotics resistance

Denmark creates global research hub for antibiotics resistance

Denmark said Thursday it would create an international research centre focused on the fight against resistance to antibiotics, a scourge affecting almost half a million people worldwide. Danish Health Minister Ellen Trane Norby signed a memorandum of unde
Published 16 Nov, 2018 12:00am
Padukone, Singh wedding in Italy

Padukone, Singh wedding in Italy

Bollywood superstars Deepika Padukone and Ranveer Singh have tied the knot in Italy, Indian media reported Thursday. The celebrity couple got married in a private ceremony at Lake Como on Wednesday, according to the Press Trust of India news agency. The p
Published 16 Nov, 2018 12:00am
Abe, Putin to accelerate WWII treaty talks stalled by island row

Abe, Putin to accelerate WWII treaty talks stalled by island row

Russia and Japan have agreed to accelerate talks to formally end World War II hostilities, using a Soviet-era peace declaration as their starting point and throwing into doubt the fate of four disputed islands. The two countries are still technically at w
Published 16 Nov, 2018 12:00am
Yemeni government backs UN peace talks but Hodeida still at risk

Yemeni government backs UN peace talks but Hodeida still at risk

Yemen's president has supported a UN push for fresh talks to end almost four years of fighting in his war-torn country, but analysts warn even a diplomatic breakthrough may not spare the port city of Hodeida from fresh military action.
Published 16 Nov, 2018 12:00am
Kuwait halts flights as torrential rains lash region

Kuwait halts flights as torrential rains lash region

Kuwait on Thursday halted flights at its international airport after heavy rains flooded the Gulf state's capital, diverting incoming flights to neighbouring countries not affected by deadly storms. "Rains overnight Wednesday submerged main passages at th
Published 16 Nov, 2018 12:00am
Seven peacekeepers killed, 10 wounded in DR Congo fighting: UN

Seven peacekeepers killed, 10 wounded in DR Congo fighting: UN

Seven peacekeepers were killed and 10 others were wounded during a joint military operation with troops from the Democratic Republic of Congo against rebels in the east of the country, a UN spokesman said Thursday. Another UN peacekeeper is missing from t
Published 16 Nov, 2018 12:00am
Punch-up in Sri Lankan parliament as thousands rally

Punch-up in Sri Lankan parliament as thousands rally

Sri Lanka's political crisis descended into farce Thursday with MPs throwing punches and projectiles in parliament, a day after voting the disputed prime minister out of office and leaving the country without a government.
Published 16 Nov, 2018 12:00am
UN taps private sector for humanitarian funding

UN taps private sector for humanitarian funding

The United Nations on Thursday launched what it called a "global first" to harness private-sector funding and expertise to help tackle humanitarian crises around the world. The Nigeria Humanitarian Fund Private Sector Initiative (NHF PSI) has been set up
Published 16 Nov, 2018 12:00am
Thais take ASEAN chair, haunted by past summit chaos

Thais take ASEAN chair, haunted by past summit chaos

Protests, broken windows and dignitaries forced to flee by helicopter - Thailand's last stint as host of Southeast Asia's biggest summit was devoured by political chaos. But as the chairmanship of the Association of Southeast Asian Nations (ASEAN) passed
Published 16 Nov, 2018 12:00am
Facebook drops firm that sought to discredit critics

Facebook drops firm that sought to discredit critics

Facebook said Thursday it was severing ties with a political consultancy that sought to discredit critics of the social networking giant using questionable campaign-style tactics. The California-based company's announcement followed a lengthy New York Tim
Published 16 Nov, 2018 12:00am
US MIDDAY: gold rises to one-week high
Currency

US MIDDAY: gold rises to one-week high

Gold scaled a near one-week peak on Thursday as investors sought cover from market turmoil after Britain's long-awaited draft agreement to leave the European Union was thrown into chaos, helping the metal hold its ground against a rising dollar.
Published 16 Nov, 2018 12:00am
Macron in Morocco for opening of high-speed railway

Macron in Morocco for opening of high-speed railway

French President Emmanuel Macron arrived in Morocco on Thursday to take part in the inauguration of a high-speed railway line that boasts the fastest journey times in Africa or the Arab world. The French leader, who was invited by King Mohammed VI, will a
Published 16 Nov, 2018 12:00am
Emirates Airline profit slides 86 percent
Currency

Emirates Airline profit slides 86 percent

Emirates Airline on Thursday posted an 86 percent drop in half-year profits as the Middle East's leading carrier was hit by a hike in oil prices and currency devaluations. The Dubai-based airline in a statement its net profit in the six months to Septembe
Published 16 Nov, 2018 12:00am
Emirates Airline profit slides 86 percent
Currency

Emirates Airline profit slides 86 percent

Emirates Airline on Thursday posted an 86 percent drop in half-year profits as the Middle East's leading carrier was hit by a hike in oil prices and currency devaluations. The Dubai-based airline in a statement its net profit in the six months to Septembe
Published 16 Nov, 2018 12:00am
US retail sales rebound, but consumer spending slowing

US retail sales rebound, but consumer spending slowing

US retail sales rebounded sharply in October as purchases of motor vehicles and building materials surged, but data for the prior two months was revised lower and the underlying trend suggested that consumer spending was probably slowing down.
Published 16 Nov, 2018 12:00am
China sends written response to US trade reform demands

China sends written response to US trade reform demands

China has delivered a written response to US demands for wide-ranging trade reforms, three US government sources said on Wednesday, a move that could trigger more formal negotiations to resolve a withering trade war between the world's top economies. US P
Published 16 Nov, 2018 12:00am
China's October home prices gather pace

China's October home prices gather pace

China's new home prices accelerated in October, led by gains in smaller cities, suggesting a key driver of the country's economic growth remained intact despite slower investment and increasing economic headwinds. Average new home prices in China's 70 maj
Published 16 Nov, 2018 12:00am
Walmart upbeat on outlook as sales global growth continues

Walmart upbeat on outlook as sales global growth continues

Global retail giant Walmart is more upbeat about earnings for the year, despite tamping down expectations just a month ago, after posting sales growth across all its business lines and most regions on Thursday. The company has been buffeted by investments
Published 16 Nov, 2018 12:00am
Walmart upbeat on outlook as sales global growth continues

Walmart upbeat on outlook as sales global growth continues

Global retail giant Walmart is more upbeat about earnings for the year, despite tamping down expectations just a month ago, after posting sales growth across all its business lines and most regions on Thursday. The company has been buffeted by investments
Published 16 Nov, 2018 12:00am
US orders restriction on e-cigarette sales

US orders restriction on e-cigarette sales

US regulators Thursday ordered sharp restrictions on sales of e-cigarettes, as national data showed a 78 percent single-year surge in vaping among young people, with two-thirds using fruit and candy-flavored products. The proposed regulations announced by
Published 16 Nov, 2018 12:00am
British stocks battered on Brexit deal backlash, exporters gain
Currency

British stocks battered on Brexit deal backlash, exporters gain

British shares suffered and sterling tumbled on Thursday as the growing risk of a disorderly divorce from the European Union spooked investors, with leading index the FTSE 100 moving for most of the day in rare lockstep with the domestic currency. The FTS
Published 16 Nov, 2018 12:00am
Southeast Asian stocks largely up

Southeast Asian stocks largely up

Most Southeast Asian stock markets rose on Thursday, in line with broader Asia on signs China and the United States may be taking steps to de-escalate their bitter trade dispute. US government sources told Reuters on Wednesday that China had sent a respon
Published 16 Nov, 2018 12:00am
European bourses sink as Brexit crisis unfolds

European bourses sink as Brexit crisis unfolds

European shares reversed early morning gains and fell to two-week lows on Thursday in a broad-based selloff as British Prime Minister Theresa May's government was plunged into crisis over Brexit. The resignation of ministers including Brexit Secretary Dom
Published 16 Nov, 2018 12:00am
Nikkei hit by selling in banks, Apple suppliers

Nikkei hit by selling in banks, Apple suppliers

Japan's Nikkei fell on Thursday, with banking stocks sliding after disappointing earnings forecasts and losses in US financial shares. Selling in large market cap stocks such as SoftBank and Fanuc and underperformance in Apple suppliers also hurt the broa
Published 16 Nov, 2018 12:00am
China stocks move higher

China stocks move higher

China shares jumped on Thursday after Beijing delivered a written response to US trade demands, raising hopes for new negotiations between the countries, and as financial and securities companies benefited from policy support for markets.
Published 16 Nov, 2018 12:00am
Treasury yields slide

Treasury yields slide

US Treasury yields fell on Wednesday, as investors fretted about renewed weakness on Wall Street, which could signal much deeper problems in the world's largest economy. US 30-year, 10-year, and two-year yields dropped to two-week lows. Yields rallied ear
Published 16 Nov, 2018 12:00am
Treasury yields slide

Treasury yields slide

US Treasury yields fell on Wednesday, as investors fretted about renewed weakness on Wall Street, which could signal much deeper problems in the world's largest economy. US 30-year, 10-year, and two-year yields dropped to two-week lows. Yields rallied ear
Published 16 Nov, 2018 12:00am
S&P falls for fifth day as financials drag

S&P falls for fifth day as financials drag

Wall Street stocks fell on Wednesday, with the S&P 500 notching a fifth straight day of losses as financial stocks were hit by fears that regulations on the banking industry would tighten once the Democratic Party takes control of the US House of Represen
Published 16 Nov, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (November 15, 2018).

Published 16 Nov, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (November 15, 2018).
Published 16 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 Thursday (November 15, 2018).

Published 16 Nov, 2018 12:00am
Most Middle East markets up, blue chips boost Egypt sharply

Most Middle East markets up, blue chips boost Egypt sharply

Most Middle Eastern stock markets were firm on Thursday while Egypt rose sharply in active trade on buying of blue chips that was encouraged by strength in emerging markets, generally due to optimism over the Sino-US trade dispute. The Egyptian blue-chip
Published 16 Nov, 2018 12:00am
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