News Archives for Print - 2018-12-24

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Print - 2018-12-24

The Weather

The weather report on Sunday (December 23, 2018) and the forecast for Monday (December 24, 2018).

Published 24 Dec, 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 24 Dec, 2018 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (December 17 to 21, 2018).

Published 24 Dec, 2018 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 24 Dec, 2018 12:00am

Kansai Paint Pakistan: 100 years of balancing beauty and technology

The History Of Kansai Paint, KANSAI PAINT is celebrating 100 years since its foundation in 1918, and now it has grown into a company that conducts business globally. KANSAI PAINT has engaged with the people and society throughout these 100 years o

Published 24 Dec, 2018 12:00am

A plate of Biryani that led to a tale of love between Japan, Pakistan

What started from a plate of Biryani, turned into a lifelong fusion with the country she thought was dispersed with viciousness and hostility all around. One knock on her door back in Tokyo and the warmth of her Pakistani neighbors with the enticing aroma

Published 24 Dec, 2018 12:00am

What is Kimono?

Traditional Japanese clothes are referred to as Kimono and its literal derivation comes from the combination of two words. Ki= Wear + mono= thing basically referring to it as being something you wear. It is similar to how we call clothes from European cou

Published 24 Dec, 2018 12:00am

Hamdard Pakistan

History's most successful enterprises sometimes can have the most humble origins, and Hamdard is one of those institutions that have a very modest beginning in India and in Pakistan too. With the passage of time it has developed and progressed to become a

Published 24 Dec, 2018 12:00am

Shaheed Hakim Mohammed Said

An eminent, charismatic and striking figure, Shaheed Hakim Mohammed Said, was born in Delhi, India on 9th January 1920 in a noble family of hakims. His father, Hakim Hafiz Abdul Majeed, a renowned physician and herbalist, died in 1922 when Hakim Said was

Published 24 Dec, 2018 12:00am

Engro Polymer & Chemicals Limited

EPCL is a subsidiary of Engro Corporation and is the only integrated chemical complex in Pakistan, it is involved in the manufacturing, marketing and distribution of quality Chlor-Vinyl allied products and PVC. The Company was set up in 1997 by the name o

Published 24 Dec, 2018 12:00am

Indus Motor Company

Indus Motor Company extends its sincere felicitations on the 85th birthday of His Majesty Emperor Akihito of Japan. We wish His Imperial Majesty and the Imperial Family continued health, happiness and joy.

Published 24 Dec, 2018 12:00am

Cotton

Pakistan and Japan: partners in progress

Diplomatic relations between Pakistan and Japan were established on 28th of April 1952. While we recently celebrated the 65 years of close cooperation between the two nations, the relationship can, in a sense, be traced back to 538 AD when today's Pakista

Published 24 Dec, 2018 12:00am

Message from Chairman & CEO Pakistan Japan Business Forum

On the joyous and auspicious occasion of His Majesty the Emperors' 85th birthday I extend my sincere greetings to The Emperor Akhito, I compliment the people of Japan for nurturing the tradition of monarchy for thousands of years and the esteem in which t

Published 24 Dec, 2018 12:00am

Message from Former Ambassador to Japan

Japan is a rich and varied country and as an island nation has a unique culture, one that is both steeped in its rich heritage and yet ambitiously moving forward with new technologies. Its capital city Tokyo, a global megalopolis, is both calm and frantic

Published 24 Dec, 2018 12:00am

Message from Ambassador of Pakistan to Japan

It gives me immense pleasure to extend our best wishes and sincere felicitations on His Majesty the Emperor's Birthday and the National Day of Japan and to wish His Majesty continued health and Happiness. The people of Pakistan hold His Majesty and Her Ma

Published 24 Dec, 2018 12:00am

Cotton

Message from Ambassador of Japan to Pakistan

On the auspicious occasion of the 85th Birthday of His Majesty the Emperor of Japan, it is a pleasure and a privilege for me to address the Pakistani people. On this occasion I would like to, on behalf of the Government and the people of Japan, extend my

Published 24 Dec, 2018 12:00am

West Indies captain Brathwaite rails at Bangladesh umpires

West Indies Twenty20 skipper Carlos Brathwaite blasted the match umpires for giving "50-50 decisions" to Bangladesh even though his side won the third Twenty20 international to wrap up the series.

Published 24 Dec, 2018 12:00am

Harrison tops Charlo for WBC super welterweight title

Tony Harrison dethroned World Boxing Council super welterweight world champion Jermell Charlo with a controversial unanimous decision Saturday that brought jeers from the Barclays Center crowd in Brooklyn. Previously unbeaten Charlo was the aggressor thro

Published 24 Dec, 2018 12:00am

Battered finger won't stop me playing, insists Finch

Australian opener Aaron Finch said Sunday that the only way he would miss his home Test in Melbourne beginning Wednesday was if someone were to "cut off" his battered finger. Finch was on 25 in Australia's second innings during the second Test in Perth wh

Published 24 Dec, 2018 12:00am

Ashwin doubt as India coach demands openers step up

Ace spinner Ravichandran Ashwin remains an injury doubt for the third Test against Australia, India coach Ravi Shastri said Sunday as he demanded his opening batsmen step up to ease pressure on Virat Kohli. Ashwin was sidelined with an abdominal strain fo

Published 24 Dec, 2018 12:00am

Thiago Silva latest PSG robbery victim

Thiago Silva became the latest Paris Saint-Germain player to have his property robbed during a match, police confirmed on Sunday. Robbers broke into the Brazilian's home in the upmarket 16th arrondissement of Paris while he was playing in PSG's Ligue 1 ma

Published 24 Dec, 2018 12:00am

Five weightlifters suspended after London 2012 retests

Five weightlifters, including two Olympic champions, have been provisionally suspended after retests of their samples from the 2012 London Olympics came back positive for doping, the International Weightlifting Federation (IWF) said. Ukraine's Oleksiy Tor

Published 24 Dec, 2018 12:00am

Mandzukic on target as Juventus pile misery on Roma

Mario Mandzukic scored the only goal for Juventus to dump further hurt on crisis club Roma and keep the champions unbeaten and on track for an eighth straight Italian league title. The Croatian World Cup runner-up headed in the winner 34 minutes into the

Published 24 Dec, 2018 12:00am

Spurs shine to hit Everton for six

Tottenham Hotspur showed why manager Mauricio Pochettino is a wanted man by thrashing Everton 6-2 at Goodison Park on Sunday to close to within six points of Premier League leaders Liverpool. Spurs have had to cope with the unwanted attention of Pochettin

Published 24 Dec, 2018 12:00am

Sevilla leave it late to snatch draw against Leganes

Sevilla lost ground at the top of La Liga on Sunday despite Wissam Ben Yedder's late equaliser rescuing them a point against struggling Leganes. Mikel Vesga's header looked set to earn Leganes a valuable victory in their fight against relegation but Yedde

Published 24 Dec, 2018 12:00am

Steyn has Pakistan in his sights as he guns for long-awaited record

Firebrand fast bowler Dale Steyn will seek to become South Africa's greatest wicket-taker in tests when they take on Pakistan in the first match of a three-game series at Centurion Park in Pretoria on Wednesday. Steyn is level with former all-rounder Shau

Published 24 Dec, 2018 12:00am

Salmonella outbreak linked to raw turkey leaves over 200 sick across US

More than 200 people from across the United States have fallen ill, 84 of them hospitalized, from an ongoing salmonella outbreak linked to raw turkey products that prompted a second voluntary recall on Friday, the US government said.

Published 24 Dec, 2018 12:00am

Study finds chronic fatigue clues in overactive immune response

Scientists exploring what may trigger a complex disorder known as chronic fatigue syndrome (CFS) have found clues in the way some people's immune systems respond more actively to a health attack. A severe illness characterised by long-term physical and me

Published 24 Dec, 2018 12:00am

Cell-by-cell DNA science termed 'Breakthrough of 2018'

The US journal Science on Thursday coined as "Breakthrough of the Year" for 2018 new technologies that reveal how DNA cues individual cells to grow through time. Experts say these methods will transform science over the coming decades, allowing an ever cl

Published 24 Dec, 2018 12:00am

Mopria powers IPP print solution in Windows 10 update

The Mopria Alliance, a global non-profit membership organization providing universal standards and solutions for print and scan, Tuesday announced that Microsoft, a member of the Mopria Alliance, has implemented an IPP printing solution based on the Mopri

Published 24 Dec, 2018 12:00am

'Smart' uniforms track Chinese students in truancy fight

Schools in southern China are using chip-powered "smart" school uniforms to track their students in a bid to tackle truancy and boost attendance, according to state media. The uniforms use chips to monitor the location of students and can record their exi

Published 24 Dec, 2018 12:00am

Untapped workforce for Israel's growing high-tech sector

The growth of Israel's powerful high-tech sector is not being matched by adequate increases in employee numbers, a report said Sunday, with recruitment of more women, and Arabs and ultra-Orthodox Jewish men needed. Israel's high-tech sector - an industry

Published 24 Dec, 2018 12:00am

EU electricity reform calls end to coal subsidies

European Union member states and the European Parliament agreed Wednesday to reform the bloc's electricity market, including a call to end coal subsidies by 2025. The reform, clinched after marathon talks, broadly aims to develop a more transparent and co

Published 24 Dec, 2018 12:00am

5G: a revolution not without risks

The recent diplomatic dust-up over Chinese telecoms company Huawei, one of the leaders in developing equipment for fifth-generation mobile networks, has demonstrated that this technology which promises to enable an internet of things and self-driving vehi

Published 24 Dec, 2018 12:00am

Volkswagen buys Volvo's connected car unit for $122 million

Volkswagen (VW) is buying a controlling stake in Volvo's WirelessCar, a digital service developer specialising in connected driving, for 1.1 billion Swedish crowns ($122 million), the companies said on Wednesday. VW said WirelessCar technology would furth

Published 24 Dec, 2018 12:00am

Accenture quarterly revenue beats on digital, cloud

Accenture Plc beat Wall Street estimates for first-quarter revenue on Thursday, as the consulting and outsourcing services provider reaped rewards from investments in digital and cloud services. Much of Accenture's recent growth has been driven by digital

Published 24 Dec, 2018 12:00am

Accenture quarterly revenue beats on digital, cloud

Published 24 Dec, 2018 12:00am

General Mills posts quarterly profit above estimates

General Mills Inc reported quarterly profit above Wall Street estimates on Wednesday, as the Cheerios cereal maker raised prices and eked out higher margins from cost savings. General Mills shares, which have fallen about 38 percent since the start of the

Published 24 Dec, 2018 12:00am

GSK, Pfizer to merge consumer healthcare units

Pharmaceutical giants GlaxoSmithKline and Pfizer on Wednesday announced a merger of their consumer healthcare units that produce over-the-counter medicines. GSK said it would have a 68-percent controlling equity interest in the GSK Consumer Healthcare joi

Published 24 Dec, 2018 12:00am

Guess fined $45 million for blocking EU cross-border sales

European Union antitrust regulators fined US clothing company Guess 40 million euros ($45.3 million) on Monday for illegally blocking cross-border sales in Europe, part of a crackdown against illegal practices blocking e-commerce in the EU.

Published 24 Dec, 2018 12:00am

Renault-Nissan: only merging makes financial sense

If it didn't already exist, nobody of sound mind would invent the current Renault-Nissan Motor alliance. The only sensible financial arrangement between the French and Japanese carmakers is a full-blown merger. That looks unlikely for now.

Published 24 Dec, 2018 12:00am

Britain's 'Big Four' accounting firms face major overhaul

Britain's "Big Four" accounting firms face a radical shake-up from proposals to reduce their hold on the market for auditing companies' books, which would also force them to separate their audit and advisory businesses. The plans, published on Tuesday in

Published 24 Dec, 2018 12:00am

Ghosn detention extended over Christmas and New Year

Former Nissan boss Carlos Ghosn will be spending Christmas and the beginning of 2019 behind bars after a Tokyo court on Sunday extended his detention through to January 1. The court's decision is the latest twist in a rollercoaster saga that has gripped J

Published 24 Dec, 2018 12:00am

Dubai to launch taxi venture with Careem

Dubai's transport regulator is to launch a new taxi service with Careem, a ride-hailing rival to Uber in the Middle East. The emirate's Roads and Transport Authority (RTA) said the deal was the first in the world between a state transport authority and a

Published 24 Dec, 2018 12:00am

Italy Senate passes revised budget after EU standoff

The Italian Senate on Sunday passed a revised 2019 budget agreed after a tense standoff with Brussels which saw the populist government water down key measures. Senators passed the budget put forward by the governing coalition of the anti-establishment Fi

Published 24 Dec, 2018 12:00am

Currency

Fresh bread price protests hit Sudan

Fresh protests against bread price hikes in Sudan hit two cities Sunday, as riot police ensured an uneasy calm in the capital Khartoum five days into demonstrations that have claimed at least eight lives. Residents in Um Rawaba, 200 kilometres southwest o

Published 24 Dec, 2018 12:00am

China mulls new foreign investment law

China's legislature is considering a new law governing foreign investment that will streamline existing rules and prevent the forced transfer of technology, state media reported Sunday. The new "unified law" will replace three existing laws on Chinese and

Published 24 Dec, 2018 12:00am

China and US 'make progress' after trade call

China and the US "made new progress" on the issues of trade balance and intellectual property during a phone call between officials from the two countries, China's commerce ministry said Sunday. Both sides are engaged in a bruising trade war but relations

Published 24 Dec, 2018 12:00am

Venezuela navy intercepts Exxon oil ship

Venezuela's navy on Saturday "intercepted" a ship exploring for oil on behalf of Exxon Mobil Corp in Guyanese waters, neighboring Guyana's foreign ministry said in a statement, in the latest incident in a century-old border dispute. A series of offshore o

Published 24 Dec, 2018 12:00am

Tesla cuts Model three prices in China

Tesla Inc has slashed prices on its Model 3 electric car in China. According to the California-based electric carmaker's Chinese website, prices of certain Model 3 cars were cut by up to 7.6 percent. The starting price for a Model 3 in China now is 499,00

Published 24 Dec, 2018 12:00am

Oil market likely to rebalance early 2019

Oil ministers from leading Opec nations said on Sunday they expect prices will arrest their recent slide and rebalance early next year, when a deal on new production cuts takes effect. Oil prices have shed more than 36 percent since early October to trade

Published 24 Dec, 2018 12:00am

Currency

After dire 2018, chastened funds tout emerging FX again

Emerging market currencies have had one of their worst years in a decade, but bruised investors tempted by what they see as cheap valuations are hoping the US dollar's eight-month resurgence will end and the world won't tip into recession.

Published 24 Dec, 2018 12:00am

Currency

After dire 2018, chastened funds tout emerging FX again

Published 24 Dec, 2018 12:00am

Currency

Cryptocurrency industry faces insurance hurdle

Cryptocurrency exchanges and traders in Asia are struggling to insure themselves against the risk of hacks and theft, a factor they claim is deterring large fund managers from investing in a nascent market yet to be embraced by regulators. Getting the buy

Published 24 Dec, 2018 12:00am

Nasdaq goes bear as momentum plays run out of gas

Investors are finding out that it is not all puppies and unicorns when it comes to momentum plays, in a painful lesson as the Nasdaq tumbles to the edge of a bear market. Investors reaped fat gains through the final stages of the long-running bull market

Published 24 Dec, 2018 12:00am

Libor

Bankers take first step towards replacing scandal-hit Euribor rate

Eurozone bankers took a first, tentative step on Thursday towards ditching their scandal-hit Euribor interest rate and finding a new benchmark for trillions of euros worth of mortgages and derivatives. The industry has been at an impasse since it emerged

Published 24 Dec, 2018 12:00am

Libor

Bankers take first step towards replacing scandal-hit Euribor rate

Published 24 Dec, 2018 12:00am

China money rates fall

China's primary money rates fell this week after the central bank resumed liquidity injections through its regular open market operations, following a long hiatus, and as it introduced a tool for targeted lending with lower interest. On Monday, the People

Published 24 Dec, 2018 12:00am

China keeps short-term borrowing rates steady after Fed hike

China's central bank left its short-term borrowing rates unchanged on Thursday, choosing not to follow its US counterpart, which raised its benchmark rate just hours earlier. The decision follows the bank's announcement Wednesday of a new lending tool, th

Published 24 Dec, 2018 12:00am

Currency

Japan keeps distance from FX as US automakers target yen manipulation

Japanese Finance Minister Taro Aso said on Tuesday that any discussion with the United States over foreign exchange would take place between his ministry and the US Treasury Department, indicating Japan's desire to keep currency and trade talks separate.

Published 24 Dec, 2018 12:00am

Bucharest stocks turn top CEE losers from top gainers

Romanian stocks headed towards their worst weekly performance in more than seven years as the government was expected to approve tax measures later on Friday that will hit various business sectors. The Bucharest bourse's index fell 3.5 percent to its lowe

Published 24 Dec, 2018 12:00am

Saudi index recovers after banks decline on tax payments

Saudi shares recovered some ground on Sunday after a sell-off in the banking sector when lenders said they had reached a deal with Islamic tax authorities to resolve a dispute over increased liabilities that would still result in big one-off payments.

Published 24 Dec, 2018 12:00am

With budget talks stalled, US girds for lengthy government shutdown

The United States on Sunday entered day two of a government shutdown gridlocking Washington that the White House budget director said could persist into the new year and the next Congress. A budget deal to end the partial shutdown - which forced several k

Published 24 Dec, 2018 12:00am

With budget talks stalled, US girds for lengthy government shutdown

Published 24 Dec, 2018 12:00am

Macron calls for order after 'yellow vest' attack on police

French President Emmanuel Macron called for "order" on Sunday after a sixth weekend of "yellow vest" anti-government protests marked by dwindling participation and a violent attack on police in Paris. Speaking during a visit to the central African state o

Published 24 Dec, 2018 12:00am

Macron says 'an ally must be reliable' after US Syria pullout announcement

French President Emmanuel Macron on Sunday criticised US President Donald Trump's decision to withdraw American forces from Syria, saying "an ally must be reliable". Speaking in the Chad capital N'Djamena, Macron said "I deeply regret the decision" by Tru

Published 24 Dec, 2018 12:00am

Head of UN ceasefire monitors arrives in Yemen's Hodeida

The head of the United Nations team tasked with monitoring a fragile ceasefire arrived in Yemen's embattled port city of Hodeida on Sunday, a UN source said. Retired Dutch general Patrick Cammaert is heading a joint committee including members of the gove

Published 24 Dec, 2018 12:00am

Hamas rejects Abbas plan to dissolve Palestinian parliament

Hamas on Sunday denounced Palestinian president Mahmud Abbas's plan to dissolve the largely defunct Palestinian parliament that it controls, calling it a move to "serve his partisan interests". Abbas said Saturday he intended to dissolve the Palestinian L

Published 24 Dec, 2018 12:00am

Bangladesh says foreign election observers welcome, rejects US criticism

Bangladesh said on Sunday it had approved 175 foreign observers for next weekend's national election, dismissing US criticism for failing to secure accreditation for a US funded monitor. Past elections have been chaotic and sometimes violent. Internationa

Published 24 Dec, 2018 12:00am

Syria security chief makes rare visit to Egypt

Syrian security services chief Ali Mamluk held talks with Egyptian officials in Cairo over the weekend on a rare visit to the country, Syrian state media said Sunday. His Saturday visit came "at the invitation of" Egyptian intelligence chief Abbas Kamel,

Published 24 Dec, 2018 12:00am

SpaceX blasts off powerful GPS satellite for US military

A SpaceX rocket on Sunday blasted off a powerful GPS satellite for the US Air Force, marking its 21st and final launch for the year 2018. "Three, two, one, zero. Ignition and liftoff," said a SpaceX mission control operator as the white Falcon 9 rocket to

Published 24 Dec, 2018 12:00am

Pair freed without charge in drones probe

A man and a woman arrested over the drone disruption that brought Christmas getaway flights to a standstill at London's Gatwick Airport were released without charge on Sunday, police said. A 47-year-old man and a 54-year-old woman from the town of Crawley

Published 24 Dec, 2018 12:00am

Turkey, Israel in new war of words

Turkish President Recep Tayyip Erdogan on Sunday lambasted Israeli Prime Minister Benjamin Netanyahu as an "oppressor" after he accused Turkey of "massacres" against Kurds in a new war of words. Netanyahu hit back in a speech later Sunday, calling Erdogan

Published 24 Dec, 2018 12:00am

British ex-Lib Dem leader Paddy Ashdown dies

Paddy Ashdown, the former leader of Britain's Liberal Democrats who served as the international high representative for Bosnia and Herzegovina, died Saturday at the age of 77, his party announced. He made an "immeasurable contribution to furthering the ca

Published 24 Dec, 2018 12:00am

Germany backs Canada over citizens held in China

Germany expressed serious concern Sunday about the detention of Canadian nationals in China, a day after Ottawa called on allies for support in securing their release. The German foreign ministry said it was closely following the cases of former diplomat

Published 24 Dec, 2018 12:00am

PM convenes meeting of senior PTI leaders today

Prime Minister Imran Khan has convened a consultative meeting of senior Pakistan Tehreek-e-Insaf (PTI) leaders to meet today to discuss the situation in the wake of accountability court decision on Al Azizia and Flagship references against former Prime Mi

Published 24 Dec, 2018 12:00am

PFA removes 24,125 litres of unfit ice cream, desserts

In the light of laboratory report, the crackdown of Punjab Food Authority (PFA) is being continued against hazardous ice cream and frozen desserts across the city here on Sunday. On the directions of PFA director general Captain Muhammad Usman (retd), foo

Published 24 Dec, 2018 12:00am

Trade can be enhanced by developing B2B linkages: Russian envoy

Volume of bilateral trade between Russia and Pakistan has jumped from $ 400 million to 600 million during last three years; however it could be further enhanced manifold by developing B2B linkages, said Dr Sergei Baranov, Commercial Counselor, Embassy of

Published 24 Dec, 2018 12:00am

Maryam vows to raise voice for justice

As all eyes are on the accountability court's Monday's verdict, Maryam Nawaz Sharif has vowed to play role as a Pakistan Muslim League-Nawaz worker to raise voice for justice for party leader Nawaz Sharif, media close to Sharif family stated. They said th

Published 24 Dec, 2018 12:00am

Fugitives involved in corruption will be brought back: NAB chief

Chairman National Accountability Bureau (NAB) former Justice Javed Iqbal has said that fugitives involved in corruption would be brought back to the country through Interpol to face the law. In a statement on Sunday, the chairman NAB said that money loote

Published 24 Dec, 2018 12:00am

APCEA denies reports about gemstone, mineral sectors

All Pakistan Commercial Exporters Association (APCEA) chairman Engr Manzoor Elahi has taken strong exception over reports about gemstone, mineral and carpet sectors, called them as fabricated and unsubstantiated. According to a press statement issued here

Published 24 Dec, 2018 12:00am

Naeem rules out possibility of mid-term polls

Special Assistant to Prime Minister for Political Affairs Naeemul Haq has said the government should confiscate Jati Umra farmhouse of former prime minister Nawaz Sharif and Bilawal House of former president Asif Ali Zardari on account of their corruption

Published 24 Dec, 2018 12:00am

Huge quantity of substandard spices seized in KP

Khyber Pakhtunkhwa Food Safety and Halal Food Authority, while taking action on public complaints on Sunday confiscated a huge quantity of substandard spices during ongoing crackdown at different business premises in Peshawar. Talking to media persons her

Published 24 Dec, 2018 12:00am

FFCL signs financing agreement for TEL power project

Pakistan's largest chemical fertilizer producer, Fauji Fertilizer Company Limited (FFCL), along with other equity partners, has signed financing agreement for its 330MW Thar Energy Limited (TEL) power project at the 8th Joint Coordination Committee (JCC)

Published 24 Dec, 2018 12:00am

Nawaz, Shahbaz discuss possible AC verdict, future strategy

Former prime minister Nawaz Sharif and his younger brother Shehbaz Sharif on Sunday held a meeting at the Ministers' Enclave ahead of accountability court's verdict in the Al Azizia and Flagship Investment references to be announced today (Monday).

Published 24 Dec, 2018 12:00am

FM's four-nation tour begins today

Foreign Minister Shah Mehmood Qureshi will embark on a four-nation tour on Monday (today) as a part of the government's policy of outreach in the neighbourhood for an enhanced bilateral ties and economic cooperation, Foreign Office said According to Forei

Published 24 Dec, 2018 12:00am

KP Food Department: AGP detects over Rs 1.188 billion losses

The Accountant General of Pakistan (AGP) has detected a huge losses of Rs 1188.09 million in fifteen cases due to supply of defective wheat, unnecessary payment, purchase of wheat at higher rate, auction of damaged wheat, non-deduction of income tax from

Published 24 Dec, 2018 12:00am

General Bajwa helped end Pakistan's isolation: Elahi

Speaker Punjab Assembly Ch Parvez Elahi has said that silent diplomacy of Army Chief General Qamar Javed Bajwa has played very important and effective role in pulling Pakistan out of isolation at the international level. Talking to media here on Sunday, h

Published 24 Dec, 2018 12:00am

TSML approaches PM's adviser to get feedstock gas at cheaper rates

M/s Tuwairqi Steel Mills Limited (TSML) has reportedly approached Prime Minister's Adviser Abdul Razak Dawood, to seek his help to get feedstock gas at cheaper rates to strike a deal with CEINA Group, well-informed sources in Ministry of Industries and Pr

Published 24 Dec, 2018 12:00am

Government urged to make Azakhel dry port operational

Businessmen have demanded of the federal government to make the Azakhel dry port operational and to provide facilities in dry port at Peshawar cantonment. They also urged to launch a special cargo train from Peshawar. The demands were made by Sarhad Chamb

Published 24 Dec, 2018 12:00am

On the eve of AC verdict: Fawad passes sarcastic remarks against Nawaz, Zardari

Information Minister Fawad Chaudhry remarked on Sunday that the alliance between Asif Ali Zardari and Nawaz Sharif should be named 'Thugs of Pakistan'. The federal minister, while speaking to media in Lahore, referenced to the Bollywood movie Thugs of Hin

Published 24 Dec, 2018 12:00am

JI demands task force for solving growers' problems

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has impressed upon the prime minister to arrange improved seed and subsidized fertilizer to the growers instead of talking of eggs and poultry. Addressing a Kissan Convention at Mansoora on Sunday, he said th

Published 24 Dec, 2018 12:00am

New LG system to bring revolution: Aleem

Senior Minister Punjab Abdul Aleem Khan has said that new era of progress and prosperity has been started while new local bodies system in Punjab would bring revolution in 25,000 villages simultaneously. He added that trust shown by international communit

Published 24 Dec, 2018 12:00am

KP CM vows to boost tourism

Chief Minister Khyber Pakhtunkhwa Mahmood Khan has said that tourism, natural advantages of the province, hydro electric undertakings, agriculture productivity and land computerization would be the key areas of his government in the next five-year plans.

Published 24 Dec, 2018 12:00am

KP CM vows to boost tourism

Published 24 Dec, 2018 12:00am

Prices of essential kitchen items witness downward trend

The prices of essential food items, including vegetable, pulses, chicken meat, eggs, sugar and others, registered a declining trend, giving a sign of relief to the poverty-stricken masses. According to a survey conducted by Business Recorder here o

Published 24 Dec, 2018 12:00am

Cotton

'Legislation divorced from data cannot succeed' an interview with Dr Imran Saqib Khalid of Sustainable Development Policy Institute

Dr Imran Saqib Khalid is an environmental scientist, associated with Sustainable Development Policy Institute (SDPI) as a Research Fellow. He heads the water governance component of the multi-country 'Pathways to Resilience in Semiarid Economies' (PRISE)

Published 24 Dec, 2018 12:00am

Cotton

'Legislation divorced from data cannot succeed' an interview with Dr Imran Saqib Khalid of Sustainable Development Policy Institute

Published 24 Dec, 2018 12:00am

Ailing energy sector - II

Efficient (Green) Buildings: Though buildings use over 40 % of total energy the world over and we have required Building Code (developed by us for the Ministry first in 1987) for compliance, no one checks the building design before approval, resulting

Published 24 Dec, 2018 12:00am

Mutual Funds

US share buybacks at records despite congressional griping

US corporate share repurchases keep setting new records, a trend some experts expect to persist despite bipartisan unease on Capitol Hill and a weaker economic outlook that could crimp profits. Fueled with windfalls from the 2017 tax cut and cheap debt, c

Published 24 Dec, 2018 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03
France CAC40 / Dec 24	7,282.69
India Sensex / Dec 26	78,475.29

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Karachi Cotton PKR/37.32 KG / Dec 26	17,785
Petrol/Litre / Dec 27	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 26 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Sec. Inv. Bank / Dec 26 Security Investment Bank Limited(SIBL)	6.99 ▲ 1.00 (16.69%)
Next Capital / Dec 26 Next Capital Limited(NEXT)	9.90 ▲ 1.00 (11.24%)
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	16.45 ▲ 1.50 (10.03%)
Pak Gulf Leasing / Dec 26 Pak-Gulf Leasing Company Limited(PGLC)	15.81 ▲ 1.44 (10.02%)
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	42.21 ▲ 3.84 (10.01%)
Blue-Ex Ltd / Dec 26 Blue-Ex Limited (GEM)(GEMBLUEX)	44.96 ▲ 4.09 (10.01%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99.06 ▲ 9.01 (10.01%)
Altern Energy / Dec 26 Altern Energy Limited(ALTN)	22.65 ▲ 2.06 (10.00%)

Stock	Price
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.10 ▼ -2.57 (-10.01%)
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Fateh Ind. / Dec 26 Fateh Industries Limited(FIL)	120.56 ▼ -13.38 (-9.99%)
Olympia Mills / Dec 26 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Popular Islamic / Dec 26 Popular Islamic Modaraba(PIM)	13.54 ▼ -1.50 (-9.97%)
Arctic Textile / Dec 26 Arctic Textile Mills Limited(ARCTM)	21.60 ▼ -2.37 (-9.89%)
Power Cem(Pref) / Dec 26 Power Cement (Pref)(POWERPS)	12.25 ▼ -1.22 (-9.06%)
Sanghar Sugar / Dec 26 Sanghar Sugar Mills Limited(SANSM)	24 ▼ -2.33 (-8.85%)
Equity Modaraba / Dec 26 First Equity Modaraba(FEM)	3 ▼ -0.29 (-8.81%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.06
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	93,301,142 ▲ 1.50
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	46,900,564 ▲ 6.41
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -1.65
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.16
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.19
B.O.Punjab / Dec 26 The Bank of Punjab(BOP)	30,003,113 ▼ -0.11
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.87
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.09

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