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Print - 2018-11-30
Bangladesh eye rare Test series win

Bangladesh eye rare Test series win

Bangladesh will be looking for a rare Test series win when they take on the West Indies in the second and final Test at the Sher-e-Bangla National Stadium in Dhaka on Friday. The home side lead the two-match series 1-0 thanks to their 64-run win the first
Published 30 Nov, 2018 12:00am
Vivo launches Y95 smartphone in Pakistan

Vivo launches Y95 smartphone in Pakistan

Vivo launched the all-new Vivo Y95 in Pakistan. This new addition to the popular Y series comes with a 20MP AI Selfie Camera that helps users capture the picture-perfect moment in any scenario. This mid-ranger is power packed with many attractive and hand
Published 30 Nov, 2018 12:00am
Companies' BoD must carry out its duties without prejudice: SECP

Companies' BoD must carry out its duties without prejudice: SECP

The Securities and Exchange Commission of Pakistan (SECP) has instructed directors and other board members of companies to deal with the situations in board meetings where conflict of interest arises. According to the Practices Guide Conducting Board Meet
Published 30 Nov, 2018 12:00am
MPCL wins first prize for best employment practices, CEO of Year award

MPCL wins first prize for best employment practices, CEO of Year award

Mari Petroleum Company Limited (MPCL) has won two prestigious awards i.e. first prize for Best Employment Practices and CEO of the Year Award, in the category of Large National Companies at sixth Employer of the Year Awards. The award ceremony was organis
Published 30 Nov, 2018 12:00am
Privatisation Commission launches E-Office programme

Privatisation Commission launches E-Office programme

Privatisation Commission (PC) has launched E-Office programme to ensure efficiency and performance of officers at all levels. The programme has been started in line with the federal government's priorities and policies. Federal Minister for Privatisation
Published 30 Nov, 2018 12:00am
Czech diplomat assures support to Pakistan's exports

Czech diplomat assures support to Pakistan's exports

Commercial Counsellor of Embassy of Czech Republic, Michal Bobek, has said that his country also wants to support Pakistan's exports and they are here to help Pakistani businessmen and their businesses, in this regard. "The Embassy will certainly support
Published 30 Nov, 2018 12:00am
IDEAS 2018: Rohde & Schwarz presents solutions for secure communications

IDEAS 2018: Rohde & Schwarz presents solutions for secure communications

The German-based Rohde & Schwarz group presented its state-of-the-art secure communications products and systems in Karachi. Rohde & Schwarz presents solutions for secure communications at IDEAS 2018 defence exhibition and seminar The electronics group, h
Published 30 Nov, 2018 12:00am
SHC approves body to supervise 15 percent drug purchase

SHC approves body to supervise 15 percent drug purchase

Chief Justice Sindh High Court (SHC) has accorded approval for the constitution of committee to supervise purchase of fifteen percent medicine in each district of Sindh. The committee will supervise this purchase under the chairmanship of district & sessi
Published 30 Nov, 2018 12:00am
Development schemes: MQM-P assails Sindh govt for discrimination

Development schemes: MQM-P assails Sindh govt for discrimination

The elected representatives of Muttahida Quomi Movement (Pakistan) from Hyderabad have alleged that Sindh Government is discriminating in granting development schemes for their constituencies. Addressing a press conference at Hyderabad Press Club on Thurs
Published 30 Nov, 2018 12:00am
PTI 100-day performance

PTI 100-day performance

The jury is out on PTI's 100 days' performance. PTI's were the most awaited first 100 days in recallable memory of Pakistan's stop-start democratic process. It was not expected of the PTI government to deal and resolve all issue under the sun in the first
Published 30 Nov, 2018 12:00am
PTI 100-day performance

PTI 100-day performance

The jury is out on PTI's 100 days' performance. PTI's were the most awaited first 100 days in recallable memory of Pakistan's stop-start democratic process. It was not expected of the PTI government to deal and resolve all issue under the sun in the first
Published 30 Nov, 2018 12:00am
US MIDDAY: gold advances

US MIDDAY: gold advances

Gold rose for a second session on Thursday in New York early trade, scaling a one-week peak, buoyed by expectations of a toned-down approach to the Federal Reserve's aggressive monetary tightening cycle. Spot gold rose 0.4 percent to $1,225.88 per ounce a
Published 30 Nov, 2018 12:00am
New York cocoa futures rise three percent, coffee slides

New York cocoa futures rise three percent, coffee slides

New York cocoa prices rose 3 percent on Thursday, regaining some ground after a prolonged slide during the past three weeks, while robusta and arabica coffee futures prices slid. March New York cocoa settled up $44, or 2.1 percent, at $2,165 per tonne, af
Published 30 Nov, 2018 12:00am
Gold rises in Europe

Gold rises in Europe

Gold rose for a second session on Thursday, scaling a one-week peak, buoyed by expectations of a toned down approach to the Federal Reserve's aggressive monetary tightening cycle. Spot gold rose 0.5 percent to $1,227.61 per ounce at 11:02 a.m. (1602 GMT),
Published 30 Nov, 2018 12:00am
Oil rises after Russia leans towards output cut

Oil rises after Russia leans towards output cut

Oil reversed course and rose as much as 3 percent on Thursday, after industry sources said Russia had accepted the need to cut production, together with OPEC ahead of its meeting next week. Prices in November were down nearly 22 percent so far, set for th
Published 30 Nov, 2018 12:00am
Copper, other metals move higher

Copper, other metals move higher

Copper and other metals extended gains on Thursday as investors bought riskier assets on speculation US interest rates may be near a peak, but trade was thin ahead of Chinese economic data and the G20 summit. Most metals closed higher on Wednesday after t
Published 30 Nov, 2018 12:00am
Palm oil edges higher
Vegetable Oil

Palm oil edges higher

Malaysian palm oil futures touched a three-day high on Thursday on expectations that production gains will taper off at the end of the year. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange was up 0.7 percen
Published 30 Nov, 2018 12:00am
China vexed by US Navy ships sailing through Taiwan Strait

China vexed by US Navy ships sailing through Taiwan Strait

China expressed concern on Thursday after two US Navy ships sailed through the Taiwan Strait, the third such operation this year. "China will pay close attention to and stay informed of US warships sailing through the Taiwan Strait from beginning to end,
Published 30 Nov, 2018 12:00am
30 journalists killed by organised crime

30 journalists killed by organised crime

Journalists are increasingly becoming easy targets for organised crime, with more than 30 killed worldwide over the last two years, a media watchdog warned Thursday. "The Mob has spread its tentacles around the globe faster than all the multinationals com
Published 30 Nov, 2018 12:00am
Latin America and Caribbean is world's most violent region

Latin America and Caribbean is world's most violent region

Latin America and the Caribbean is the most violent region on the planet, accounting for 39 percent of the world's murders, the Inter-American Development Bank (IDB) said in a study published on Thursday. That amounts to more than 2.5 million murders in l
Published 30 Nov, 2018 12:00am
Europe rebuffs Ukrainian calls for action in Russia standoff

Europe rebuffs Ukrainian calls for action in Russia standoff

European leaders rebuffed calls from Ukraine for greater support against Russia on Thursday, after Kiev urged NATO to send ships into waters disputed with Moscow. German Chancellor Angela Merkel asked Kiev to be "sensible" following the request from Presi
Published 30 Nov, 2018 12:00am
Canada sanctions 17 Saudi nationals

Canada sanctions 17 Saudi nationals

Canada announced targeted sanctions Thursday against 17 Saudi nationals it said were linked to the murder of journalist Jamal Khashoggi in Istanbul last month. The sanctions, which freezes their assets and bars their travel to Canada, "target individuals
Published 30 Nov, 2018 12:00am
US authorizes non-essential diplomats, family to leave Haiti

US authorizes non-essential diplomats, family to leave Haiti

The United States on Thursday authorized non-essential diplomatic personnel and their families to leave Haiti amid tensions in the wake of violent anti-government protests. "There are currently unpredictable and sporadic demonstrations in Port-au-Prince a
Published 30 Nov, 2018 12:00am
US life expectancy drops again as overdoses climb

US life expectancy drops again as overdoses climb

Life expectancy in the United States dropped yet again as drug overdose deaths continued to climb - taking more than 70,000 lives in 2017, a record high - and suicides rose, a US government report said Thursday. The drug overdose rate rose 9.6 percent com
Published 30 Nov, 2018 12:00am
Trump sets up stormy G20 with Putin snub

Trump sets up stormy G20 with Putin snub

US President Donald Trump headed to Argentina on Thursday for a fractious weekend of G20 summitry, cancelling planned talks with the Russian leader and boasting that his trade war with China was paying off. Rumblings of resistance to Trump's assault on th
Published 30 Nov, 2018 12:00am
Strikes in Catalonia against separatist government's social policies

Strikes in Catalonia against separatist government's social policies

Doctors, nurses, students, teachers and civil servants went on strike in Catalonia Thursday, asking the Spanish region's government to end spending cuts imposed during the crisis after years of seeking independence. Thousands protested in Barcelona - 8,00
Published 30 Nov, 2018 12:00am
Serbian leader urges Kosovo Serbs to protest tariffs

Serbian leader urges Kosovo Serbs to protest tariffs

Serbian President Aleksandar Vucic on Thursday called on Kosovo Serbs to keep up protests against Pristina's massive customs tariff on Serbian goods, a retaliatory measure worsening tensions between the neighbours. Brussels, Washington and the UN mission
Published 30 Nov, 2018 12:00am
Weakness persists on cotton market
Cotton

Weakness persists on cotton market

Low turnover has been reported on Thursday on a weak cotton market. Slow buying by the domestic mills is keeping ready business on a weak footing. With reported accumulation of cotton yarn in considerable quantities, the ginning factories are said to be c
Published 30 Nov, 2018 12:00am
Weakness persists on cotton market
Cotton

Weakness persists on cotton market

Low turnover has been reported on Thursday on a weak cotton market. Slow buying by the domestic mills is keeping ready business on a weak footing. With reported accumulation of cotton yarn in considerable quantities, the ginning factories are said to be c
Published 30 Nov, 2018 12:00am
CBOT corn futures rise on technical buying

CBOT corn futures rise on technical buying

Chicago Board of Trade corn futures rose more than 1 percent Wednesday on technical buying including short-covering, and spillover strength from soybeans, traders said. CBOT most-active March corn settled up 4-3/4 cents at $3.73-1/4 a bushel while front-m
Published 30 Nov, 2018 12:00am
Rates firmer on modest trade
Cotton

Rates firmer on modest trade

Prices stabilised on the cotton market on Thursday in the process of modest trading, dealers said. The official spot rate managed to hold overnight level at Rs 8,650, they added. Prices of seed cotton in Sindh were at Rs 3000-4000, in the Punjab seed cott
Published 30 Nov, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 118,207 tonnes of cargo comprising 69,730 tonnes of import cargo and 48,477 tonnes of export cargo including 6,412 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargos of 6
Published 30 Nov, 2018 12:00am
CBOT soyabean futures rise

CBOT soyabean futures rise

Chicago Board of Trade soyabean futures rose Wednesday on technical buying and short-covering as trader adjusted positions ahead of expected talks between Washington and Beijing at a G20 summit late this week. CBOT January soyabeans settled up 15 cents at
Published 30 Nov, 2018 12:00am
CBOT wheat mostly higher

CBOT wheat mostly higher

Chicago Board of Trade wheat futures closed mostly higher on Wednesday on short-covering and a weaker US dollar, traders said. CBOT most-active March soft red winter wheat settled up 5 cents at $5.11-1/2 per bushel. But front-month CBOT December wheat end
Published 30 Nov, 2018 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,595. The traded value of Metals, Energy and COTS/FX was recorded at 14.602 billion and the number of lots traded 31,498.
Published 30 Nov, 2018 12:00am
European wheat futures edge higher

European wheat futures edge higher

European wheat futures edged higher on Wednesday, supported by a rebound on the US market and a weaker euro but with mixed export prospects helping keep prices in their recent range. Benchmark March milling wheat on the Paris-based Euronext exchange was u
Published 30 Nov, 2018 12:00am
Sterling falls towards two-week lows
Currency

Sterling falls towards two-week lows

The pound fell towards a two-week low on Thursday amid growing concerns about the UK parliament's vote on Brexit and after the Bank of England warned of risks to the currency if Britain leaves the European Union in a disorderly manner. Barely four months
Published 30 Nov, 2018 12:00am
Sri Lankan rupee slightly down

Sri Lankan rupee slightly down

The Sri Lankan rupee closed marginally weaker on Thursday as investors dumped rupee-denominated assets on a credit rating downgrade and a delay in an IMF loan discussion in the wake of a political crisis. The rupee hit a record low of 180.85 per dollar on
Published 30 Nov, 2018 12:00am
Most Asian currencies gain
Currency

Most Asian currencies gain

Most Asian currencies firmed on Thursday as dollar extended its overnight losses following US Federal Reserve Chairman Jerome Powell's dovish remarks that interest rates were just below neutral. Powell's view represents a significant departure from commen
Published 30 Nov, 2018 12:00am
Aussie, kiwi gain

Aussie, kiwi gain

The Australian and New Zealand dollars held hefty gains on Thursday as investors toyed with the idea of an early end to US rate hikes, a radical development that would likely be bullish for risk assets, emerging markets and commodities.
Published 30 Nov, 2018 12:00am
Dollar drops in New York as Fed says rates near neutral

Dollar drops in New York as Fed says rates near neutral

The dollar tumbled from two-week highs on Wednesday after Federal Reserve Chairman Jerome Powell said that interest rates are just below neutral, raising expectations that the US central bank is closer to the end of its rate hike cycle. Powell said the po
Published 30 Nov, 2018 12:00am
Early trade in New York: dollar recovers slightly
Currency

Early trade in New York: dollar recovers slightly

The greenback gained slightly on Thursday as investors continued to digest comments from Federal Reserve Chairman Jerome Powell on Wednesday that took a more dovish turn than expected and sent the dollar tumbling. Powell said that the central bank's polic
Published 30 Nov, 2018 12:00am
Dollar recovers against rivals in Europe
Currency

Dollar recovers against rivals in Europe

The dollar recovered against its rivals on Thursday as caution before a G20 meeting prompted investors to buy back the currency after comments by the Federal Reserve chief were seen as a sign that a rising trend in US rates may be coming to a close.
Published 30 Nov, 2018 12:00am
Dollar weakens in Asia
Currency

Dollar weakens in Asia

The dollar weakened against its peers on Thursday after Federal Reserve Chairman Jerome Powell said US interest rates were just below neutral, taken by many investors as a tip that the rate hike cycle was nearing its end. Powell's dovish remarks took the
Published 30 Nov, 2018 12:00am
FTSE bounces; miners, materials lead way

FTSE bounces; miners, materials lead way

UK shares jumped almost 1 percent on Thursday as Wall Street's rally spread across Europe after the Federal Reserve chairman suggested it may be nearing an end to its tightening cycle, boosting investor appetite for assets considered riskier. The FTSE 100
Published 30 Nov, 2018 12:00am
Southeast Asian stocks: Indonesia jumps most in nearly five months

Southeast Asian stocks: Indonesia jumps most in nearly five months

Indonesian shares jumped the most in about five months on Thursday as comments by US Federal Reserve Chair Jerome Powell buoyed investor sentiment toward riskier assets, while Philippine stocks pulled back from a near 11-week top to close slightly lower.
Published 30 Nov, 2018 12:00am
European shares get uplift from dovish Fed comments

European shares get uplift from dovish Fed comments

European shares inched up on Thursday as dovish comments from Federal Reserve Chairman Jerome Powell helped offset uncertainty over a possible escalation in the US/China trade dispute. The STOXX 600 rose as much as 0.8 percent. The pan-European index late
Published 30 Nov, 2018 12:00am
Tokyo stocks surge for fifth day

Tokyo stocks surge for fifth day

Tokyo stocks closed higher for a fifth day on Thursday, extending rallies on Wall Street that toasted a speech by Federal Reserve boss Jerome Powell hinting at a slower pace of rate hikes. The benchmark Nikkei 225 index added 0.39 percent, or 85.58 points
Published 30 Nov, 2018 12:00am
China shares fall

China shares fall

China's stock markets fell on Thursday as fragile investor sentiment shattered earlier gains, and as trading volumes remained lighter than average ahead of a widely anticipated meeting between the US and Chinese presidents this weekend. At the close, the
Published 30 Nov, 2018 12:00am
Short end dips, yield curve steepens

Short end dips, yield curve steepens

Yields on shorter-dated US government bonds fell on Wednesday afternoon, steepening the yield curve, after Federal Reserve Chair Jerome Powell delivered a speech in which he signaled that an end to the bank's interest-rate hike cycle may be closer than pr
Published 30 Nov, 2018 12:00am
Short end dips, yield curve steepens

Short end dips, yield curve steepens

Yields on shorter-dated US government bonds fell on Wednesday afternoon, steepening the yield curve, after Federal Reserve Chair Jerome Powell delivered a speech in which he signaled that an end to the bank's interest-rate hike cycle may be closer than pr
Published 30 Nov, 2018 12:00am
Indian shares climb

Indian shares climb

Indian shares ended higher by more than 1 percent on Thursday, as dovish comments from the US Federal Reserve chairman boosted investor sentiment. The broader NSE index closed 1.21 percent higher at 10,858.70, while the benchmark BSE index ended up 1.27 p
Published 30 Nov, 2018 12:00am
Wall Street jumps as Powell hints rate hikes may taper off

Wall Street jumps as Powell hints rate hikes may taper off

Federal Reserve Chair Jerome Powell boosted US stock markets on Wednesday when he said the policy rate is now "just below" estimates of a level that neither brakes nor boosts a healthy economy, comments that many took as signalling the Fed's three-year ti
Published 30 Nov, 2018 12:00am
FAB drags down Abu Dhabi index, banks boost Saudi bourse

FAB drags down Abu Dhabi index, banks boost Saudi bourse

Abu Dhabi's stock market fell sharply to a four-month low on Thursday because of a slide in shares of First Abu Dhabi Bank, the United Arab Emirates' largest lender, just before MSCI doubled its weighting of the stock in its indexes.
Published 30 Nov, 2018 12:00am
Aston Villa and Forest in 10-goal Championship thriller

Aston Villa and Forest in 10-goal Championship thriller

Aston Villa's Tammy Abraham scored four goals but former Villa striker Lewis Grabban scored a late equaliser as 10-man Nottingham Forest snatched an incredible 5-5 draw in the Championship on Wednesday. The 30-year-old Grabban scored eight times in 15 app
Published 30 Nov, 2018 12:00am
First Chairman WAPDA Golf begins

First Chairman WAPDA Golf begins

The first Chairman WAPDA Golf Tournament will get underway here at Defence Raya Golf & Country Club on Friday (today). Federal Minister for Energy Omer Ayub Khan will be chief guest at the opening ceremony of the tournament.
Published 30 Nov, 2018 12:00am
Messi guides Barca to top Champions League group

Messi guides Barca to top Champions League group

Barcelona overcame PSV Eindhoven 2-1 on Wednesday to finish top of their Champions League group with one round remaining thanks to a Lionel Messi goal and assist. Messi and Gerard Pique scored to claim the La Liga outfit's first win since November 3 acros
Published 30 Nov, 2018 12:00am
Pakistan team for Emerging Teams Asia Cup announced

Pakistan team for Emerging Teams Asia Cup announced

The national selection committee headed by Inzamam ul Haq has announced the 15-member squad for 'Emerging Teams Asia Cup 2018 commencing from December 6, 2018, in Karachi and Colombo. Muhammad Rizwan has been named captain of the team, whereas Pakistan wi
Published 30 Nov, 2018 12:00am
Ancient Irish sport of hurling wins UNESCO heritage status

Ancient Irish sport of hurling wins UNESCO heritage status

The Irish sport of hurling - often described as "the fastest game on grass" - was granted UNESCO special status on Thursday, adding it to the register of "Intangible Cultural Heritage of Humanity". "I am delighted that hurling has achieved international r
Published 30 Nov, 2018 12:00am
Senegal replace Tunisia as top-ranked African team

Senegal replace Tunisia as top-ranked African team

Senegal replaced Tunisia as the highest ranked African national team when the monthly statistics were released by FIFA Thursday. The Senegalese rose from second place on the back of a 2019 Africa Cup of Nations qualifying victory in Equatorial Guinea duri
Published 30 Nov, 2018 12:00am
Ali Khan Tareen to bid for sixth PSL franchise

Ali Khan Tareen to bid for sixth PSL franchise

Ali Khan Tareen, son of the Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Tareen Thursday said he would bid for the sixth franchise of the Pakistan Super League (PSL), previously known as the Multan Sultans. Talking to a private TV channel, Ali Tareen sa
Published 30 Nov, 2018 12:00am
India's Raj 'saddened' as World T20 row escalates

India's Raj 'saddened' as World T20 row escalates

India cricket star Mithali Raj said Thursday she was "deeply saddened" by accusations that she threw tantrums and threatened to quit before being controversially dropped during the Twenty20 World Cup. Raj, the highest run scorer in the women's internation
Published 30 Nov, 2018 12:00am
Abbottabad, Islamabad record wins in PPL Blind Cricket Trophy

Abbottabad, Islamabad record wins in PPL Blind Cricket Trophy

Abbottabad defeated Gujranwala by 85 runs in the ongoing Pakistan Petroleum Ltd Blind Cricket Trophy being played here at Arbab Niaz Cricket Stadium on Thursday. Gujranwala won the toss and decided to bowl first. Abbottabad openers, Matiullah and Kamran A
Published 30 Nov, 2018 12:00am
First National Ability Sports Festival concludes

First National Ability Sports Festival concludes

The first National Ability Sports Festival proved to be an effective platform in bringing together over 500 disabled sportspeople across Pakistan to showcase their sporting talent at the Islamia College Peshawar on Wednesday and Thursday. Organized by the
Published 30 Nov, 2018 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (November 29, 2018).

Published 30 Nov, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (November 29, 2018).

Published 30 Nov, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (November 29, 2018).

Published 30 Nov, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (November 29, 2018).

Published 30 Nov, 2018 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (November 29, 2018).

Published 30 Nov, 2018 12:00am
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