News Archives for Print - 2018-12-30

UK splashes £100 million on ferries to ease Brexit fears

Britain has spent more than £100 million on chartering ferries to mitigate the risk of "severe congestion" at the port of Dover in the event of a no-deal Brexit, according to government documents.

Published 30 Dec, 2018 12:00am

UK splashes £100 million on ferries to ease Brexit fears

Britain has spent more than £100 million on chartering ferries to mitigate the risk of "severe congestion" at the port of Dover in the event of a no-deal Brexit, according to government documents.

Published 30 Dec, 2018 12:00am

Lakhra Coal Company sell-off process put off

The Cabinet Committee on Privatisation (CCoP) has put off the privatisation process of Lakhra Coal Development Company (LCDC) as the matter is in litigation subsequent to denial of lease renewal request by the Sindh government in 2015. Sources said the me

Published 30 Dec, 2018 12:00am

Lakhra Coal Company sell-off process put off

The Cabinet Committee on Privatisation (CCoP) has put off the privatisation process of Lakhra Coal Development Company (LCDC) as the matter is in litigation subsequent to denial of lease renewal request by the Sindh government in 2015. Sources said the me

Published 30 Dec, 2018 12:00am

Lakhra Coal Company sell-off process put off

The Cabinet Committee on Privatisation (CCoP) has put off the privatisation process of Lakhra Coal Development Company (LCDC) as the matter is in litigation subsequent to denial of lease renewal request by the Sindh government in 2015. Sources said the me

Published 30 Dec, 2018 12:00am

Pakistan in talks with Qatar for deferral of LNG payment

Pakistan has initiated negotiations with Qatar for deferral of up to $ 2 billion Liquefied Natural Gas (LNG) payment for one year, highly placed sources revealed to Business Recorder. . "Yes, talks on the matter were initiated by CoAS General Qamar

Published 30 Dec, 2018 12:00am

Pakistan in talks with Qatar for deferral of LNG payment

Pakistan has initiated negotiations with Qatar for deferral of up to $ 2 billion Liquefied Natural Gas (LNG) payment for one year, highly placed sources revealed to Business Recorder. . "Yes, talks on the matter were initiated by CoAS General Qamar

Published 30 Dec, 2018 12:00am

Pakistan in talks with Qatar for deferral of LNG payment

Pakistan has initiated negotiations with Qatar for deferral of up to $ 2 billion Liquefied Natural Gas (LNG) payment for one year, highly placed sources revealed to Business Recorder. . "Yes, talks on the matter were initiated by CoAS General Qamar

Published 30 Dec, 2018 12:00am

Karkey dispute: PM seeks Turkish leadership's help

Prime Minister Imran Khan is to seek Turkish political leadership's help for a possible out-of-court settlement with M/s Karkey Karadeniz Elektrik Uretim which has filed arbitration claims against the government of Pakistan in different countries, well-in

Published 30 Dec, 2018 12:00am

Karkey dispute: PM seeks Turkish leadership's help

Prime Minister Imran Khan is to seek Turkish political leadership's help for a possible out-of-court settlement with M/s Karkey Karadeniz Elektrik Uretim which has filed arbitration claims against the government of Pakistan in different countries, well-in

Published 30 Dec, 2018 12:00am

Repayment of CPEC loans to begin from 2022: EAD

The repayment of China Pakistan Economic Corridor loans will begin from 2022 with total amount to be repaid is $ 7.457 billion which includes principal of $ 6.035 billion and interest of $ 1.422 billion with an annualized payment of $ 350 million. This wa

Published 30 Dec, 2018 12:00am

Repayment of CPEC loans to begin from 2022: EAD

The repayment of China Pakistan Economic Corridor loans will begin from 2022 with total amount to be repaid is $ 7.457 billion which includes principal of $ 6.035 billion and interest of $ 1.422 billion with an annualized payment of $ 350 million. This wa

Published 30 Dec, 2018 12:00am

Repayment of CPEC loans to begin from 2022: EAD

The repayment of China Pakistan Economic Corridor loans will begin from 2022 with total amount to be repaid is $ 7.457 billion which includes principal of $ 6.035 billion and interest of $ 1.422 billion with an annualized payment of $ 350 million. This wa

Published 30 Dec, 2018 12:00am

China adds more transparency to CPEC

The Embassy of China in Pakistan has taken note of a recent report by a Pakistani journalist (not from Aaj News or Business Recorder), in which he claimed that Pakistan will repay $40 billion debt to China under the China-Pakistan Economic Corridor (CPEC)

Published 30 Dec, 2018 12:00am

China adds more transparency to CPEC

The Embassy of China in Pakistan has taken note of a recent report by a Pakistani journalist (not from Aaj News or Business Recorder), in which he claimed that Pakistan will repay $40 billion debt to China under the China-Pakistan Economic Corridor (CPEC)

Published 30 Dec, 2018 12:00am

China adds more transparency to CPEC

The Embassy of China in Pakistan has taken note of a recent report by a Pakistani journalist (not from Aaj News or Business Recorder), in which he claimed that Pakistan will repay $40 billion debt to China under the China-Pakistan Economic Corridor (CPEC)

Published 30 Dec, 2018 12:00am

Egypt kills 40 'terrorists' in crackdown

Egyptian police killed 40 suspects in a crackdown on Saturday after a roadside bomb hit a tour bus claiming the lives of three Vietnamese holidaymakers and an Egyptian guide. Thirty alleged "terrorists" were killed in separate raids in Giza governorate, h

Published 30 Dec, 2018 12:00am

Egypt kills 40 'terrorists' in crackdown

Egyptian police killed 40 suspects in a crackdown on Saturday after a roadside bomb hit a tour bus claiming the lives of three Vietnamese holidaymakers and an Egyptian guide. Thirty alleged "terrorists" were killed in separate raids in Giza governorate, h

Published 30 Dec, 2018 12:00am

Police teargas 'yellow vest' protesters in Paris

Police fired tear gas at "yellow vest" demonstrators in Paris on Saturday but the turnout for round seven of the popular protests that have rocked France appeared low. Several hundred people wearing the symbolic hi-visibility vests had gathered near the o

Published 30 Dec, 2018 12:00am

Police teargas 'yellow vest' protesters in Paris

Police fired tear gas at "yellow vest" demonstrators in Paris on Saturday but the turnout for round seven of the popular protests that have rocked France appeared low. Several hundred people wearing the symbolic hi-visibility vests had gathered near the o

Published 30 Dec, 2018 12:00am

Chinese firms offer subsidies on Huawei phones in show of support

Chinese firms are encouraging staff to buy Huawei smartphones following Canada''s arrest of a top Huawei executive on a US extradition request, which has triggered an outpouring of nationalist support. Several companies are offering employees subsidies fo

Published 30 Dec, 2018 12:00am

Chinese firms offer subsidies on Huawei phones in show of support

Chinese firms are encouraging staff to buy Huawei smartphones following Canada's arrest of a top Huawei executive on a US extradition request, which has triggered an outpouring of nationalist support. Several companies are offering employees subsidies for

Published 30 Dec, 2018 12:00am

Chinese firms offer subsidies on Huawei phones in show of support

Chinese firms are encouraging staff to buy Huawei smartphones following Canada's arrest of a top Huawei executive on a US extradition request, which has triggered an outpouring of nationalist support. Several companies are offering employees subsidies for

Published 30 Dec, 2018 12:00am

US, China talk ''progress'' after phone call on trade

Both the US and China spoke of progress Saturday after telephone talks between their leaders over a trade war that has rattled global markets.

Published 30 Dec, 2018 12:00am

US, China talk 'progress' after phone call on trade

Both the US and China spoke of progress Saturday after telephone talks between their leaders over a trade war that has rattled global markets.

Published 30 Dec, 2018 12:00am

US, China talk 'progress' after phone call on trade

Both the US and China spoke of progress Saturday after telephone talks between their leaders over a trade war that has rattled global markets.

Published 30 Dec, 2018 12:00am

Absence of bank deposit details: FIA urges SC to close Asghar Khan case

The Federal Investigation Agency (FIA) has recommended to the top court to close Asghar Khan case, as banks don't have details of deposit made at that time and due to that the Agency is unable to initiate criminal proceedings. The report, submitted on Sat

Published 30 Dec, 2018 12:00am

Absence of bank deposit details: FIA urges SC to close Asghar Khan case

The Federal Investigation Agency (FIA) has recommended to the top court to close Asghar Khan case, as banks don't have details of deposit made at that time and due to that the Agency is unable to initiate criminal proceedings. The report, submitted on Sat

Published 30 Dec, 2018 12:00am

Nisar expresses reservations over accountability process

Former Interior Minister Chaudhry Nisar Ali Khan Saturday expressed reservations over the ongoing accountability process in the country, suggesting the government not to take credit of actions taken by Supreme Court and National Accountability Bureau (NAB

Published 30 Dec, 2018 12:00am

Nisar expresses reservations over accountability process

Former Interior Minister Chaudhry Nisar Ali Khan Saturday expressed reservations over the ongoing accountability process in the country, suggesting the government not to take credit of actions taken by Supreme Court and National Accountability Bureau (NAB

Published 30 Dec, 2018 12:00am

Zardari criticises role of 'establishment'

Co-chairman of Pakistan Peoples Party (PPP) Asif Ali Zardari on Saturday has said that 'establishment' has never accorded good treatment to those who have worked for country's progress. Addressing a rally in Kashmore, Asif Ali Zardari said that he speaks

Published 30 Dec, 2018 12:00am

Zardari criticises role of 'establishment'

Co-chairman of Pakistan Peoples Party (PPP) Asif Ali Zardari on Saturday has said that 'establishment' has never accorded good treatment to those who have worked for country's progress. Addressing a rally in Kashmore, Asif Ali Zardari said that he speaks

Published 30 Dec, 2018 12:00am

Government urged to place names of PM, others on ECL

Pakistan People's Party (PPP) on Saturday urged Interior Ministry through a letter to place names of nine PTI federal and provincial ministers as well as stalwarts on Exit Control List (ECL) as either investigation is under way against them for corrupt pr

Published 30 Dec, 2018 12:00am

Government urged to place names of PM, others on ECL

Pakistan People's Party (PPP) on Saturday urged Interior Ministry through a letter to place names of nine PTI federal and provincial ministers as well as stalwarts on Exit Control List (ECL) as either investigation is under way against them for corrupt pr

Published 30 Dec, 2018 12:00am

Fawad given 'special task' by PM

Minister for Information Fawad Chaudhry will soon travel to Sindh and take into confidence top political leaders of the province regarding the JIT report on fake accounts case. According to a private television channel report, Prime Minister Imran Khan ha

Published 30 Dec, 2018 12:00am

Fawad given 'special task' by PM

Minister for Information Fawad Chaudhry will soon travel to Sindh and take into confidence top political leaders of the province regarding the JIT report on fake accounts case. According to a private television channel report, Prime Minister Imran Khan ha

Published 30 Dec, 2018 12:00am

Military courts: Government to extend tenure for two years

The Pakistan Tehreek-e-Insaf-led federal government on Saturday decided to extend the tenure of military courts for two years which was previously set to end on January 6, 2019. Reportedly, the PTI has planned to pass a constitutional amendment; however i

Published 30 Dec, 2018 12:00am

Military courts: Government to extend tenure for two years

The Pakistan Tehreek-e-Insaf-led federal government on Saturday decided to extend the tenure of military courts for two years which was previously set to end on January 6, 2019. Reportedly, the PTI has planned to pass a constitutional amendment; however i

Published 30 Dec, 2018 12:00am

Shehbaz's PAC chairmanship challenged

The appointment of Leader of the Opposition Shehbaz Sharif as chairman of the Public Accounts Committee (PAC) was challenged in the Islamabad High Court (IHC) on Saturday. The petitioner stated that Shehbaz's appointment as the chairman of the committee i

Published 30 Dec, 2018 12:00am

Four more youth martyred in IoK

Indian troops in a fresh act of state terrorism martyred four more youth in Pulwama district in Indian Occupied Kashmir (IOK) on Saturday. The troops martyred the youth during a cordon and search operation at Hanjin Payeen in Rajpora area of the district.

Published 30 Dec, 2018 12:00am

The Democrats panel sweeps KPC elections

The Democrats Panel secured all 12 seats, trouncing Progressive Panel in the annual elections of Karachi Press Club, here Saturday. Chief Election Commissioner (KPC Election) Prof Dr Tauseef Ahmed Khan said that 1,582 members were eligible to cast vote an

Published 30 Dec, 2018 12:00am

The Weather

The weather report on Saturday (December 29, 2018) and the forecast for Sunday (December 30, 2018).

Published 30 Dec, 2018 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (December 29, 2018).

Published 30 Dec, 2018 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (December 29, 2018).

Published 30 Dec, 2018 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (December 29, 2018).

Published 30 Dec, 2018 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (December 29, 2018).

Published 30 Dec, 2018 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (December 29, 2018).

Published 30 Dec, 2018 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (December 29, 2018).

Published 30 Dec, 2018 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (December 29, 2018)

Published 30 Dec, 2018 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (December 29, 2018).

Published 30 Dec, 2018 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 29, 2018).

Published 30 Dec, 2018 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (December 29, 2018).

Published 30 Dec, 2018 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (December 29, 2018).

Published 30 Dec, 2018 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (December 29, 2018).

Published 30 Dec, 2018 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (December 29, 2018).

Published 30 Dec, 2018 12:00am

Currency

THE RUPEE: slight gains

The rupee managed to gain modest ground against the dollar on the money market on Saturday in process of trading activity, dealers said. The rupee picked up 10 paisas in terms of the dollar for buying and selling at Rs 138.70 and Rs 139.20, they said. The

Published 30 Dec, 2018 12:00am

Currency

THE RUPEE: slight gains

The rupee managed to gain modest ground against the dollar on the money market on Saturday in process of trading activity, dealers said. The rupee picked up 10 paisas in terms of the dollar for buying and selling at Rs 138.70 and Rs 139.20, they said. The

Published 30 Dec, 2018 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (December 29, 2018).

Published 30 Dec, 2018 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (December 29, 2018).

Published 30 Dec, 2018 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (December 29, 2018).

Published 30 Dec, 2018 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 30 Dec, 2018 12:00am

CBOT wheat futures fall

Chicago Board of Trade wheat futures ended on a low note on Wednesday, as the market continued to wrestle with concerns over sluggish export demand and the US ability to compete with the Russian wheat market, traders said. Wheat futures' prices also were

Published 30 Dec, 2018 12:00am

Cotton

Cotton prices up on modest trade

Prices went up on the cotton market on Saturday in process of modest trading activity, dealers said. The official spot rate was higher by Rs 100 to Rs 8,800, they added. Prices of seed cotton in Sindh were at Rs 3000-4000, in the Punjab seed cotton prices

Published 30 Dec, 2018 12:00am

China's November net gold imports jump

China's net gold imports via main conduit Hong Kong rose 28 percent in November from the previous month to their highest since July, data showed on Thursday. Net imports via Hong Kong to China, the world's biggest consumer of the metal, jumped to 37.871 t

Published 30 Dec, 2018 12:00am

CBOT soyabean futures drift lower

Chicago Board of Trade (CBOT) soyabean futures dipped lower late in the session on Thursday, as the partial federal government shutdown stretched on and traders wrestled with a lack of fresh news about supplies and demand. CBOT January soyabeans ended the

Published 30 Dec, 2018 12:00am

Dell returns to market with NYSE listing

Dell Technologies Inc returned to public markets on Friday, nearly six years after the company's founder and Chief Executive Officer Michael Dell took it private in what was then the biggest buyout since the financial crisis of 2008. The computer maker is

Published 30 Dec, 2018 12:00am

Dell returns to market with NYSE listing

Dell Technologies Inc returned to public markets on Friday, nearly six years after the company's founder and Chief Executive Officer Michael Dell took it private in what was then the biggest buyout since the financial crisis of 2008. The computer maker is

Published 30 Dec, 2018 12:00am

Spotlight on role of automated trading amid Wall Street swoon

The recent tumult in financial markets has shined a light on the rising role of automated trading on Wall Street and whether it is exacerbating volatility. Since the 2008 financial crisis, investors have increasingly turned to computerized trading systems

Published 30 Dec, 2018 12:00am

Spotlight on role of automated trading amid Wall Street swoon

The recent tumult in financial markets has shined a light on the rising role of automated trading on Wall Street and whether it is exacerbating volatility. Since the 2008 financial crisis, investors have increasingly turned to computerized trading systems

Published 30 Dec, 2018 12:00am

Mutual Funds

US 10-year yield hovers at eight-month lows as Wall Street stays volatile

US Treasury yields slipped on Friday with 10-year yields hovering near eight-month lows as Wall Street remained volatile, with investors anxious about the economy and turmoil in Washington including a partial government shutdown. The year-end stampede int

Published 30 Dec, 2018 12:00am

Mutual Funds

US 10-year yield hovers at eight-month lows as Wall Street stays volatile

US Treasury yields slipped on Friday with 10-year yields hovering near eight-month lows as Wall Street remained volatile, with investors anxious about the economy and turmoil in Washington including a partial government shutdown. The year-end stampede int

Published 30 Dec, 2018 12:00am

Wall Street rally pauses, but stocks mint weekly gain

The S&P 500 ended marginally lower in a choppy session on Friday, but major indexes posted weekly gains for the first time in December following a wild few days of trading that saw equities rebound from a prolonged slide. Major indexes moved in and out of

Published 30 Dec, 2018 12:00am

Currency

Currencies of Brazil, Mexico weaken in risk-off mood

The Brazilian real and the Mexican peso failed to capitalize on a weakness in the dollar on Friday as risk appetite was kept at bay amid volatility in stock markets and rising trade tensions. The peso edged lower, while the real was 0.2 percent lower at 1

Published 30 Dec, 2018 12:00am

Currency

Serbia's central bank buys euros to stem dinar gains

Serbia's central bank started purchasing euros on the local interbank market on Friday to stem gains of the dinar versus the common currency, dealers said. The bank intervened as the dinar traded to euro at the rate of 118.14. Following euro purchase, the

Published 30 Dec, 2018 12:00am

South Africa's rand firmer on positive trade data

South Africa's rand firmed against a weaker dollar in light year-end trade on Friday, helped by data that showed the country swung into a trade surplus in November. At 1500 GMT the rand traded at 14.3975, 0.5 percent stronger than its overnight close in N

Published 30 Dec, 2018 12:00am

Currency

Dollar share of global currency reserves hits near five-year low

The US dollar's share of currency reserves reported to the International Monetary Fund fell in the third quarter to a near five-year low, while the euro's share of reserves grew to its largest in almost four years, data released on Friday showed. The Chin

Published 30 Dec, 2018 12:00am

Currency

Russian rouble stable on the last trading day of 2018

The rouble opened slightly weaker against the US dollar in thin trade on Saturday, the last trading day of the year for the Russian currency, holding near its lowest levels in more than 3 months amid weak oil prices. At 0725 GMT, the rouble was 0.1 percen

Published 30 Dec, 2018 12:00am

Currency

Yen jumps as investors stay cautious amid volatile stock moves

The Japanese yen jumped on Friday as investors sought protection against volatile stock moves, while the greenback dipped as stocks ended a dramatic week capped by large price swings. The benchmark S&P 500 tested its 20-month low early in the week and was

Published 30 Dec, 2018 12:00am

Ryanair cabin crew in Spain to strike in January

Unions for Ryanair's 1,800 cabin crew in Spain threatened Friday to strike in January unless the Irish low-cost airline agrees to improve work and pay conditions. It was just the latest setback for the airline, which has faced a wave of strikes in several

Published 30 Dec, 2018 12:00am

Activity in Russia's services sector dips slightly in December

Russia's service sector continued to expand in December, albeit at a slower pace than the previous month, buoyed by a sharp expansion in new business and a pick up in foreign client demand, the Markit purchasing managers index (PMI) showed on Saturday. Th

Published 30 Dec, 2018 12:00am

Russia slaps ban on dozens of Ukrainian products

Russia on Saturday announced a ban on dozens of imported products from Ukraine in its latest economic sanctions targeting Kiev. The products to be banned included chocolate, wheat and beer as well as sunflower oil, bread, jam, children's nappies and wine,

Published 30 Dec, 2018 12:00am

Canada cannabis firm rejects US takeover bid

Canadian cannabis producer Aphria on Friday rejected a proposed Can$2.8 billion ($2.1 billion US) takeover bid by US-based Xanthic Biopharma, calling it hostile and under-valued. Green Growth Brands, a division of Xanthic Biopharma, presented a conditiona

Published 30 Dec, 2018 12:00am

Key measures in revised Italian government budget

Italian lawmakers are mulling a revised 2019 budget after the populist government's initial plan faced stiff opposition from EU officials and a cool reception in financial markets. The draft budget includes 32 billion euros ($28 billion) in extra spending

Published 30 Dec, 2018 12:00am

Austria to press ahead with digital tax

Austrian Chancellor Sebastian Kurz vowed Saturday to press ahead with a tax on large internet and technology companies, following France's example, as the European Union struggles to finalise a new EU-wide levy. France, which is pushing for a new so-calle

Published 30 Dec, 2018 12:00am

Austria to press ahead with digital tax

Austrian Chancellor Sebastian Kurz vowed Saturday to press ahead with a tax on large internet and technology companies, following France's example, as the European Union struggles to finalise a new EU-wide levy. France, which is pushing for a new so-calle

Published 30 Dec, 2018 12:00am

UK splashes £100 million on ferries to ease Brexit fears

Britain has spent more than £100 million on chartering ferries to mitigate the risk of "severe congestion" at the port of Dover in the event of a no-deal Brexit, according to government documents. The government has struck deals worth £107.7 million ($137

Published 30 Dec, 2018 12:00am

Yemen rebels begin withdrawal from Hodeida port

Yemeni rebels have begun to withdraw from the lifeline port of Hodeida, under an agreement reached in Sweden earlier this month, a UN official said Saturday. The official, who requested anonymity, said the Huthi rebels began to pull back from the Red Sea

Published 30 Dec, 2018 12:00am

Sudan rebel denies using violence against protesters

A prominent Sudanese rebel chief from war-torn Darfur on Saturday rejected a government charge that his fighters were behind violence during demonstrations and had plans to kill protesters. Deadly protests have rocked Sudan since December 19 after a gover

Published 30 Dec, 2018 12:00am

6.9-magnitude quake hits Philippines triggering small tsunami

A 6.9-magnitude earthquake struck off the Philippine island of Mindanao on Saturday triggering a brief tsunami warning. The quake struck southeast of Davao City at a depth of 59 kilometres (35 miles), the US Geological Survey said, a week after a volcano-

Published 30 Dec, 2018 12:00am

Indonesian tsunami volcano lost two-thirds of its height

The Indonesian volcano which caused a tsunami that killed more than 400 people last week lost more than two-thirds of its height following the eruption which triggered the killer waves. A section of Anak Krakatoa's crater collapsed after an eruption and s

Published 30 Dec, 2018 12:00am

Russia, Turkey to coordinate on Syria after US pullout

Russia and Turkey on Saturday agreed to coordinate ground operations in Syria after the shock announcement of a US military withdrawal, Moscow's top diplomat said. President Donald Trump's move has already hastened a shift in alliances with Syrian troops

Published 30 Dec, 2018 12:00am

Indonesia, Malaysia palm oil stocks seen rising above eight million tonnes by year-end

Palm oil inventories in Indonesia and Malaysia are expected to climb above 8 million tonnes by year-end on the back of higher production and disappointing demand, an industry analyst said on Wednesday. Malaysia's year-end palm oil stocks are set to reach

Published 30 Dec, 2018 12:00am

French cereal crops in better shape after November

Wet, mild spells in the past month helped cereal crops in France recover from dry sowing conditions, although the recent weather was also creating problems with weeds, the country's farming agency said on Wednesday. France, the European Union's biggest gr

Published 30 Dec, 2018 12:00am

Chinese copper smelters look to mine investment to secure supply

Chinese copper smelters are looking to make more investments in mines, pushing to shore up supply of concentrate at a time when competition for the raw material is heating up, industry executives said on Wednesday. China is the world's biggest consumer of

Published 30 Dec, 2018 12:00am

Currency

Slowing Chinese demand, supplies to weigh on rubber prices

Natural rubber prices are unlikely to recover in 2019 from their lowest level in more than two years as demand growth is faltering in top consumer China amid rising supplies, the Association of Natural Rubber Producing Countries (ANRPC) said. "The demand-

Published 30 Dec, 2018 12:00am

Argentina 2018-19 wheat crop on track for 19 million tons despite storms

Argentina's wheat crop is mainly in normal to excellent condition with 68 percent of the harvest completed despite concern that recent hard rains and hail storms might have hurt yields, the Buenos Aires Grains Exchange said on Thursday. Harvesting advance

Published 30 Dec, 2018 12:00am

Japan's Pan Pacific sees copper rising toward $7,000 in 2019

Pan Pacific Copper (PPC), Japan's top copper smelter, expects the price of the industrial metal to rise toward $7,000 a tonne in 2019, from about $6,168 now, backed by firm global demand and tighter supply, its executive said. PPC, which is also a miner c

Published 30 Dec, 2018 12:00am

Dry conditions threaten 2019 maize crop

Dry conditions in the main part of South Africa's maize belt have delayed crop plantings, threatening yields for the staple food and sending prices sharply higher, the farmers lobby group Grain South Africa said on Tuesday. With the optimum planting windo

Published 30 Dec, 2018 12:00am

Louis Dreyfus, Olam big gainers in Brazil's soy export boom

Louis Dreyfus Company and Olam International Ltd have reaped big rewards from a surge in Brazilian soybean exports in 2018 on the back of a US-China trade war that sharply boosted shipments to the Asian nation.

Published 30 Dec, 2018 12:00am

Trump takes the 2019 outlook for commodities hostage

Forecasting the year-ahead outlook for commodities, while popular among analysts, is a bit of a mug's game at the best of times, but the view for 2019 is made even more complicated by one volatile factor: Donald Trump. While there are other drivers of com

Published 30 Dec, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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