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Print - 2018-12-31
Industrial estate to be established at Bahawalpur: Buzdar

Industrial estate to be established at Bahawalpur: Buzdar

The Punjab Chief Minister Sardar Usman Buzdar has said that an industrial estate will soon be established at Bahawalpur as there was ample raw material for agro-based industries in this region. He was talking a delegation of Bahawalpur Chamber of Commerce
Published 31 Dec, 2018 12:00am
Mohmand Dam Project: Wapda signs accord with locals for land acquisition

Mohmand Dam Project: Wapda signs accord with locals for land acquisition

The Pakistan Water and Power Development Authority signed a formal agreement with the tribal locals under the supervision of District Administration Mohmand for acquiring the land to construct Mohmand Dam Hydropower Project. This achievement has been made
Published 31 Dec, 2018 12:00am
People who plundered public money deserve no leniency: JI chief

People who plundered public money deserve no leniency: JI chief

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has said that the gas crisis has worsened in the extreme cold weather and increase of LPG prices besides gas shortage is causing hardships for every household. According to media cell of JI at Mansoora, he wa
Published 31 Dec, 2018 12:00am
Three killed in Karachi road mishaps

Three killed in Karachi road mishaps

At least three persons were killed and five others injured in Sunday morning traffic accidents in Karachi. A speedy coach hit a rickshaw near New Sabzi Mandi at Super Highway this morning. Two people were injured in the road mishap, rescue sources said.
Published 31 Dec, 2018 12:00am
Iran judiciary chief to head powerful Expediency Council

Iran judiciary chief to head powerful Expediency Council

Iran's supreme leader Ayatollah Ali Khamenei appointed the head of the judiciary, Sadegh Amoli Larijani, as chairman of the powerful Expediency Council on Sunday, according to his website. The Expediency Council is a key behind-the-scenes institution, set
Published 31 Dec, 2018 12:00am
China saddles up with exclusive riding clubs, horse towns

China saddles up with exclusive riding clubs, horse towns

Leather riding boots are neatly lined up on a carpet, a picture shows blood-thirsty hounds on a fox hunt and a fountain spews water from the mouths of stone horses. It may have the trappings of upper-class Britain, but this is in fact suburban Shanghai an
Published 31 Dec, 2018 12:00am
Iraq hints at bigger role in Syria after US withdrawal

Iraq hints at bigger role in Syria after US withdrawal

Iraq's prime minister said on Sunday that top security officials from Baghdad had met Syrian President Bashar al-Assad in Damascus, and hinted at a bigger Iraqi role fighting Islamic State militants as US troops withdraw from Syria. "This issue has a lot
Published 31 Dec, 2018 12:00am
North Korea's Kim vows more summits with South next year

North Korea's Kim vows more summits with South next year

North Korean leader Kim Jong Un vowed to meet the South's President Moon Jae-in "frequently" next year to discuss denuclearisation of the peninsula in a rare letter sent to Seoul, Moon's office said Sunday. The leader of the isolated North met with Moon t
Published 31 Dec, 2018 12:00am
Top Republican to urge Trump to rethink Syria pullout

Top Republican to urge Trump to rethink Syria pullout

A senior Republican senator said Sunday that he would be meeting with US President Donald Trump to urge him to reconsider his plan to withdraw all US troops from Syria and many from Afghanistan. "If we leave (Syria) now, the Kurds will get slaughtered," L
Published 31 Dec, 2018 12:00am
Net hydel profit: government to treat AJK on a par with other provinces

Net hydel profit: government to treat AJK on a par with other provinces

The government of Pakistan has agreed in principle to treat Azad Jammu Kashmir (AJK) at par with other provinces in net hydel profit by increasing its share from the current Rs1.1 billion to around Rs12 billion. This was stated by the acting Chief Secreta
Published 31 Dec, 2018 12:00am
Wapda contributes 25.63 billion units' hydel power in 2018

Wapda contributes 25.63 billion units' hydel power in 2018

Pakistan Water and Power Development Authority (Wapda) steadfastly moved ahead during the year 2018 to regain glory of its past, as it successfully completed and commissioned three long-delayed mega hydropower projects with cumulative generation capacity
Published 31 Dec, 2018 12:00am
Fawad defends Asad on upcoming mini budget

Fawad defends Asad on upcoming mini budget

Federal Information Minister Chaudhry Fawad Hussain on Sunday said that Finance Minister Asad Umar will announce a mini budget that is geared towards increasing investments and growth. Commenting on media reports via his Twitter account, he said: It is re
Published 31 Dec, 2018 12:00am
Fawad defends Asad on upcoming mini budget

Fawad defends Asad on upcoming mini budget

Federal Information Minister Chaudhry Fawad Hussain on Sunday said that Finance Minister Asad Umar will announce a mini budget that is geared towards increasing investments and growth. Commenting on media reports via his Twitter account, he said: It is re
Published 31 Dec, 2018 12:00am
'Worse every day': Afghans expect 2019 to be even deadlier

'Worse every day': Afghans expect 2019 to be even deadlier

After a year of record bloodshed, Afghans are bracing for an even deadlier 2019 with the threat of a US drawdown and a looming presidential vote likely to fuel violence. President Donald Trump's plan to slash the number of US soldiers in Afghanistan befor
Published 31 Dec, 2018 12:00am
Trump blames Democrats for migrant children's death, amid budget impasse

Trump blames Democrats for migrant children's death, amid budget impasse

US President Donald Trump on Saturday blamed opposition Democrats for the death of two immigrant children in US custody, comments set to heighten tensions as the second week of a government shutdown began over his demands for a wall on the US-Mexico borde
Published 31 Dec, 2018 12:00am
Iran students in rare protest over deadly campus bus crash

Iran students in rare protest over deadly campus bus crash

Hundreds of Iranian students held protests for a second day on Sunday, calling for university officials to resign over a bus crash that killed 10, state news agency IRNA said. The demonstrating students reportedly carried photos of victims of Tuesday's cr
Published 31 Dec, 2018 12:00am
China probe readies to land on dark side of the moon

China probe readies to land on dark side of the moon

A Chinese space probe is moving into position to land on the dark side of the moon for the first time, the official Xinhua news agency reported on Sunday, a mission seen as an important step as the country looks to push forward its space programme. The pr
Published 31 Dec, 2018 12:00am
'Obsessed' India mop up Australia tail, take 2-1 Test series lead

'Obsessed' India mop up Australia tail, take 2-1 Test series lead

A clinical and "obsessed" India mopped up Australia's tail to win the third Test in Melbourne on Sunday by 137 runs and take an unassailable 2-1 lead into the final clash at Sydney. The home team resumed at 258 for eight after the morning session was wipe
Published 31 Dec, 2018 12:00am
Labuschange added to Australia squad for Sydney Test

Labuschange added to Australia squad for Sydney Test

Leg-spinning all-rounder Marnus Labuschagne was Sunday added to Australia's squad for the fourth and final Test against India in Sydney, beginning Thursday. Australia go into the game at the Sydney Cricket Ground 2-1 down in the four-Test series after a c
Published 31 Dec, 2018 12:00am
Third Peshawar Hockey League begins

Third Peshawar Hockey League begins

The 3rd edition of the Peshawar Hockey League got under way here at Abdal Ismail Khan Shaheed Civil Quarters Hockey ground on Sunday. Nazim Union Council Civil Quarters Nazish Ali Awan was the chief guest on this occasion who formally inaugurated the Leag
Published 31 Dec, 2018 12:00am
Federer off to another flyer
Kerb

Federer off to another flyer

Roger Federer made an almost flawless start to his Australian Open preparation with a superb straight-sets win over Cameron Norrie as defending champions Switzerland beat Britain in the mixed teams Hopman Cup in Perth Sunday.
Published 31 Dec, 2018 12:00am
Women Table Tennis: Punjab, KP teams lead

Women Table Tennis: Punjab, KP teams lead

Punjab and Khyber Pakhtunkhwa led the way with Punjab stunned Khyber Pakhtunkhwa-B in the Women Team event of the ongoing Minister Sports National Table Tennis Championship being played here at Qayyum Sports Complex on Sunday.
Published 31 Dec, 2018 12:00am
Injuries a worry for Sarri as Chelsea beat Palace

Injuries a worry for Sarri as Chelsea beat Palace

Maurizio Sarri said Chelsea's lengthening injury list is causing concern ahead of his side's crowded January schedule. Striker Olivier Giroud became the Blues' latest casualty, hobbling out of the 1-0 victory over Crystal Palace in the Premier League on S
Published 31 Dec, 2018 12:00am
Gilgit-Baltistan wins Sadia Khan Ski cup

Gilgit-Baltistan wins Sadia Khan Ski cup

Showcasing some extraordinary performance the Gilgit-Baltistan clinched the trophy of the Sadia Khan Ski Cup 2018 played at Naltar Skiing Resort on Sunday. Base Commander PAF Base Kalabagh Air Commodore Asim Ijaz was the chief guest at the closing ceremon
Published 31 Dec, 2018 12:00am
Twenty years of the euro: key dates
Currency

Twenty years of the euro: key dates

The euro was launched on January 1, 1999, at first only for accounting and financial transactions, and then three years later as notes and coins. Here is a recap of defining moments for the currency, which was envisaged in the European Union's Maastricht
Published 31 Dec, 2018 12:00am
CEE yields seen rising but global slowdown a major risk
Currency

CEE yields seen rising but global slowdown a major risk

Central European long-term government bond yields will increase over the coming year due to a likely pick-up in inflation and yield rises in the United States and the euro zone, a Reuters poll of 19 analysts showed. An economic slowdown in the euro zone a
Published 31 Dec, 2018 12:00am
CEE yields seen rising but global slowdown a major risk
Currency

CEE yields seen rising but global slowdown a major risk

Central European long-term government bond yields will increase over the coming year due to a likely pick-up in inflation and yield rises in the United States and the euro zone, a Reuters poll of 19 analysts showed. An economic slowdown in the euro zone a
Published 31 Dec, 2018 12:00am
Investors gloomiest in a decade about world economy

Investors gloomiest in a decade about world economy

Investor outlooks have deteriorated to their most pessimistic in a decade, Bank of America Merrill Lynch's December investor survey showed on Tuesday. A net 53 percent of investors surveyed, who manage $694 billion in assets, said they expect global growt
Published 31 Dec, 2018 12:00am
Japan fund managers keep equity exposure steady in December, trim bonds

Japan fund managers keep equity exposure steady in December, trim bonds

Japanese fund managers kept their overall exposure to stocks steady and trimmed their bond holdings in December, a Reuters poll showed. Respondents on average allocated 39.1 percent of the model portfolios to stocks in December, unchanged from November. D
Published 31 Dec, 2018 12:00am
Japan fund managers keep equity exposure steady in December, trim bonds

Japan fund managers keep equity exposure steady in December, trim bonds

Japanese fund managers kept their overall exposure to stocks steady and trimmed their bond holdings in December, a Reuters poll showed. Respondents on average allocated 39.1 percent of the model portfolios to stocks in December, unchanged from November. D
Published 31 Dec, 2018 12:00am
China approves early 2019 local government debt issue

China approves early 2019 local government debt issue

China will allow local governments to issue debt earlier than normal next year, the official Xinhua news agency said, amid a push by Beijing to revive flagging economic growth. The State Council approved a 2019 quota for new local government bond issuance
Published 31 Dec, 2018 12:00am
China approves early 2019 local government debt issue

China approves early 2019 local government debt issue

China will allow local governments to issue debt earlier than normal next year, the official Xinhua news agency said, amid a push by Beijing to revive flagging economic growth. The State Council approved a 2019 quota for new local government bond issuance
Published 31 Dec, 2018 12:00am
Wall Street week ahead: defensive stocks top 2019 playbooks

Wall Street week ahead: defensive stocks top 2019 playbooks

Perceived safe havens like utilities and consumer staples, often an afterthought in Wall Street's cascade of year-ahead investment recommendations each December, are emerging as top picks as stocks limp into 2019. Growth-oriented sectors like tech or comm
Published 31 Dec, 2018 12:00am
Saudi the only bright spot in a sluggish region

Saudi the only bright spot in a sluggish region

Saudi Arabia's stock market was the only bright spot in a sluggish Middle East on Sunday as most bourses moved sideways in trade thinned by the absence of some investors for year-end holidays. The Saudi market has been dampened in the last few months by f
Published 31 Dec, 2018 12:00am
US yield curve to invert in 2019, recession to follow

US yield curve to invert in 2019, recession to follow

The US Treasury yield curve will invert next year, possibly within the next six months, much earlier than forecast just three months ago, with a recession to follow as soon as a year after that, a Reuters poll showed on Thursday.
Published 31 Dec, 2018 12:00am
US yield curve to invert in 2019, recession to follow

US yield curve to invert in 2019, recession to follow

The US Treasury yield curve will invert next year, possibly within the next six months, much earlier than forecast just three months ago, with a recession to follow as soon as a year after that, a Reuters poll showed on Thursday.
Published 31 Dec, 2018 12:00am
China's top court to handle intellectual property appeals

China's top court to handle intellectual property appeals

China's top court will rule on intellectual property cases for the first time from January 1, the government said, elevating the handling of an issue that has become a key complaint in the trade war with the US. Washington and Beijing are currently in tal
Published 31 Dec, 2018 12:00am
Spanish 'ghost towns' slowly come to life

Spanish 'ghost towns' slowly come to life

Concrete skeletons still haunt Spain, 10 years after the 2008 global economic crisis caused a housing boom to crumble, bankrupting developers and dotting the landscape with unfinished projects. But buoyed by an economic recovery, some "ciudades fantasma",
Published 31 Dec, 2018 12:00am
Italy's city of shame Matera becomes Europe's pride

Italy's city of shame Matera becomes Europe's pride

Fifty years after Italy's Matera was a national embarrassment because of its extreme poverty, the city is rescuing its dignity, baroque palaces and cave churches to become a European Capital of Culture. "Yes, it's true, we went from shame to glory," Mater
Published 31 Dec, 2018 12:00am
French government scrutinising company executives' tax affairs

French government scrutinising company executives' tax affairs

The French government is cracking down on business chiefs of companies listed in France to make sure they are paying their taxes in France, Budget Minister Gerald Darmanin said in a newspaper interview on Sunday. President Emmanuel Macron had already sign
Published 31 Dec, 2018 12:00am
Putin tells Trump that Moscow is open for dialogue

Putin tells Trump that Moscow is open for dialogue

Russian President Vladimir Putin told his US counterpart Donald Trump in a New Year letter on Sunday that Moscow was ready for dialogue on a "wide-ranging agenda", the Kremlin said following a series of failed attempts to hold a new summit.
Published 31 Dec, 2018 12:00am
Deutsche Bank is strong, has no need for state aid, merger

Deutsche Bank is strong, has no need for state aid, merger

Deutsche Bank is strong and its turnaround strategy is bearing fruit, Chairman Paul Achleitner said, ruling out the need for state aid and playing down speculation that the lossmaking German bank should merge. In an interview with the Frankfurter Allgemei
Published 31 Dec, 2018 12:00am
Italian MPs approve revised budget after EU standoff

Italian MPs approve revised budget after EU standoff

Italian lawmakers passed Saturday the populist government's revised 2019 budget before a year-end deadline, despite complaints from the opposition that it was dictated by Brussels and had been rammed through without debate. The coalition of the anti-estab
Published 31 Dec, 2018 12:00am
Volatile DR Congo votes after two-year delay

Volatile DR Congo votes after two-year delay

Presidential elections that will shape the future of one of Africa's biggest and most unstable countries were underway in the Democratic Republic of Congo on Sunday after a two-year delay. But observers reported worrying problems, from long queues to hitc
Published 31 Dec, 2018 12:00am
Clean energy leader Costa Rica turns attention to electric cars

Clean energy leader Costa Rica turns attention to electric cars

Costa Rica likes to advertise itself as an ecological paradise, where more than 98 percent of its electricity needs are met by clean energy. But in the automotive industry, it is lagging behind with just 600 out of 1.4 million private vehicles running on
Published 31 Dec, 2018 12:00am
Lab-grown diamond prices slide as De Beers fights back

Lab-grown diamond prices slide as De Beers fights back

Since De Beers abandoned its decades-old policy of refusing to sell lab-grown diamonds as jewellery, the price gap between man-made stones and natural gems has widened - and the difference is set to get even bigger. When De Beers shocked the industry with
Published 31 Dec, 2018 12:00am
Hong Kong's NWS Holdings to buy FTLife Insurance for $2.75 billion

Hong Kong's NWS Holdings to buy FTLife Insurance for $2.75 billion

Hong Kong's NWS Holdings Ltd has agreed to acquire FTLife Insurance Co Ltd for HK$21.5 billion ($2.75 billion) from Beijing-based financial holding firm JD Group, aiming to diversify its business from infrastructure and services. NWS, the logistics and tr
Published 31 Dec, 2018 12:00am
Starbucks' expansion runs out of steam in South Africa

Starbucks' expansion runs out of steam in South Africa

High operating costs and tight customer budgets have left US coffee giant Starbucks needing a caffeine hit after it abandoned ambitious expansion plans in South Africa - seen as a foothold for the continent. Starbucks looked set to take the country by sto
Published 31 Dec, 2018 12:00am
Spain extends Bankia stake sale period until end 2021

Spain extends Bankia stake sale period until end 2021

Spain's government said on Friday it had extended the sale period of its stake in Bankia until the end of 2021 from the original date of before the end of 2019. The Spanish state is gradually selling off its 61.4 percent stake in the lender after pumping
Published 31 Dec, 2018 12:00am
Wells Fargo to pay $575 million in settlement with US states
Currency

Wells Fargo to pay $575 million in settlement with US states

Wells Fargo & Co will pay $575 million to settle claims made by US states that the bank created phony accounts and committed other customer abuses, according to a statement by the Iowa attorney general's office. Two years ago, Wells Fargo agreed to pay $1
Published 31 Dec, 2018 12:00am
UK retail sector axed 150,000 jobs in 2018

UK retail sector axed 150,000 jobs in 2018

Troubled UK high-street retailers shed almost 150,000 jobs this year, hit by high business property taxation, flagging growth and rising online sales, a study showed Monday. Some 148,132 jobs were axed as 20,000 shops and restaurants closed, according to
Published 31 Dec, 2018 12:00am
Isolated Turkmenistan launches first messaging app

Isolated Turkmenistan launches first messaging app

The repressive central Asian nation of Turkmenistan, where the likes of Facebook and Whatsapp are banned, on Monday launched its first messaging app. The privately developed BizBarde app will "allow the exchange of messagers, files, photos and videos," th
Published 31 Dec, 2018 12:00am
Goodbye Stalin: Moscow metro sheds Soviet look in bold new stations

Goodbye Stalin: Moscow metro sheds Soviet look in bold new stations

Moscow's metro system is famed for its Stalin-era stations with glittering chandeliers and mosaics, but architects are taking a radical new approach as the network undergoes a massive expansion. While the original stations were conceived as "palaces for t
Published 31 Dec, 2018 12:00am
Britain voices 'grave' concerns over China's Huawei

Britain voices 'grave' concerns over China's Huawei

British Defence Secretary Gavin Williamson has warned of his "very deep concerns" about Chinese technology giant Huawei being involved in the use of 5G on Britain's mobile network, The Times reported Thursday. "I have grave, very deep concerns about Huawe
Published 31 Dec, 2018 12:00am
Huawei expects 21 percent revenue rise despite 'unfair' treatment

Huawei expects 21 percent revenue rise despite 'unfair' treatment

Chinese telecoms giant Huawei expects to see a 21 percent rise in revenue for 2018, its chairman said despite a year of "unfair treatment" which saw its products banned in several countries over security concerns. Huawei would report sales revenue of $108
Published 31 Dec, 2018 12:00am
Indonesia hikes danger level for deadly tsunami volcano

Indonesia hikes danger level for deadly tsunami volcano

Indonesia on Thursday raised the danger alert level for an erupting volcano that sparked a killer tsunami at the weekend, after previously warning that fresh activity at the crater threatened to trigger another deadly wave. Authorities also widened a no-g
Published 31 Dec, 2018 12:00am
2018 hottest year for a century in France

2018 hottest year for a century in France

2018 was the hottest year in France since modern records began in 1900, the French meteorological service said on Friday. "This year was the hottest France has known since modern meteorological measures came into use in 1900," Meteo-France said. The avera
Published 31 Dec, 2018 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (December 24 to 28, 2018).

Published 31 Dec, 2018 12:00am
The Weather

The Weather

The weather report on Sunday (December 30, 2018) and the forecast for Monday (December 31, 2018).

Published 31 Dec, 2018 12:00am
Philippine cyclone leaves at least 22 dead

Philippine cyclone leaves at least 22 dead

At least 22 people have died due to landslides and flooding triggered by a tropical cyclone that brought heavy rains to central Philippines, a disaster agency official said on Sunday. The people, including a three-year-old boy, were reported dead as of Su
Published 31 Dec, 2018 12:00am
Philippine cyclone leaves at least 22 dead

Philippine cyclone leaves at least 22 dead

At least 22 people have died due to landslides and flooding triggered by a tropical cyclone that brought heavy rains to central Philippines, a disaster agency official said on Sunday. The people, including a three-year-old boy, were reported dead as of Su
Published 31 Dec, 2018 12:00am
Prime Minister makes surprise visit to Polyclinic Hospital

Prime Minister makes surprise visit to Polyclinic Hospital

Prime Minister Imran Khan on Sunday made a surprise visit to Polyclinic Hospital of the federal capital and inquired about the facilities for the patients. He asked the hospital administration regarding the provision of medicines to the patients and other
Published 31 Dec, 2018 12:00am
Equities remain under pressure
Mutual Funds

Equities remain under pressure

Pakistan Stock Exchange remained under pressure during the outgoing week ended on December 28, 2018 due to selling in various sectors. BRIndex100 lost 161.25 points on week-on-week basis to close at 3,851.48 points. Average daily trading volumes stood at
Published 31 Dec, 2018 12:00am
Equities remain under pressure
Mutual Funds

Equities remain under pressure

Pakistan Stock Exchange remained under pressure during the outgoing week ended on December 28, 2018 due to selling in various sectors. BRIndex100 lost 161.25 points on week-on-week basis to close at 3,851.48 points. Average daily trading volumes stood at
Published 31 Dec, 2018 12:00am
Equities remain under pressure
Mutual Funds

Equities remain under pressure

Pakistan Stock Exchange remained under pressure during the outgoing week ended on December 28, 2018 due to selling in various sectors. BRIndex100 lost 161.25 points on week-on-week basis to close at 3,851.48 points. Average daily trading volumes stood at
Published 31 Dec, 2018 12:00am
THE RUPEE: steady trend
Currency

THE RUPEE: steady trend

The rupee was firm against the dollar on the money market during the week, ended on Dec 29, 2018. The rupee was almost unchanged in terms of the dollar for buying and selling at Rs 138.70 and Rs 139.20. The rupee shed 25 paisas versus the euro for buying
Published 31 Dec, 2018 12:00am
THE RUPEE: steady trend
Currency

THE RUPEE: steady trend

The rupee was firm against the dollar on the money market during the week, ended on Dec 29, 2018. The rupee was almost unchanged in terms of the dollar for buying and selling at Rs 138.70 and Rs 139.20. The rupee shed 25 paisas versus the euro for buying
Published 31 Dec, 2018 12:00am
Fawad to visit Badin, Sukkur and Larkana

Fawad to visit Badin, Sukkur and Larkana

In the wake of damning Joint Investigation (JIT) report in fake accounts case, involving top leaders of Pakistan People's Party (PPP) leaders, the ruling Pakistan Tehreek-e-Insaf (PTI) has geared up efforts for a regime change in Sindh.
Published 31 Dec, 2018 12:00am
Fawad to visit Badin, Sukkur and Larkana

Fawad to visit Badin, Sukkur and Larkana

In the wake of damning Joint Investigation (JIT) report in fake accounts case, involving top leaders of Pakistan People's Party (PPP) leaders, the ruling Pakistan Tehreek-e-Insaf (PTI) has geared up efforts for a regime change in Sindh.
Published 31 Dec, 2018 12:00am
PPP disregards possibility of forward bloc

PPP disregards possibility of forward bloc

Adviser to the Sindh Chief Minister on Information and Archives, Law and Anti-Corruption Establishment, Barrister Murtaza Wahab, on Sunday said that Prime Minister Imran Khan should also be named in Exit Control List on the basis of an initial inquiry rep
Published 31 Dec, 2018 12:00am
PPP disregards possibility of forward bloc

PPP disregards possibility of forward bloc

Adviser to the Sindh Chief Minister on Information and Archives, Law and Anti-Corruption Establishment, Barrister Murtaza Wahab, on Sunday said that Prime Minister Imran Khan should also be named in Exit Control List on the basis of an initial inquiry rep
Published 31 Dec, 2018 12:00am
Futures spread up by 97 basis points

Futures spread up by 97 basis points

The futures spread increased by 97bps to 15.62 percent on the last day of the outgoing week. Trading activities on the futures counter improved significantly as average daily volumes increased by 250.5 percent to 122.82 million shares. Average daily tradi
Published 31 Dec, 2018 12:00am
Futures spread up by 97 basis points

Futures spread up by 97 basis points

The futures spread increased by 97bps to 15.62 percent on the last day of the outgoing week. Trading activities on the futures counter improved significantly as average daily volumes increased by 250.5 percent to 122.82 million shares. Average daily tradi
Published 31 Dec, 2018 12:00am
Refineries asked to ensure minimum production of FO

Refineries asked to ensure minimum production of FO

The Cabinet Committee on Energy (CCoE) has directed oil refineries to ensure minimum production of furnace oil (FO) as by-product of crude oil processing and constituted a Task Force to prepare Standard Operating Procedures (SOPs) for re-gasification at b
Published 31 Dec, 2018 12:00am
Refineries asked to ensure minimum production of FO

Refineries asked to ensure minimum production of FO

The Cabinet Committee on Energy (CCoE) has directed oil refineries to ensure minimum production of furnace oil (FO) as by-product of crude oil processing and constituted a Task Force to prepare Standard Operating Procedures (SOPs) for re-gasification at b
Published 31 Dec, 2018 12:00am
Refineries asked to ensure minimum production of FO

Refineries asked to ensure minimum production of FO

The Cabinet Committee on Energy (CCoE) has directed oil refineries to ensure minimum production of furnace oil (FO) as by-product of crude oil processing and constituted a Task Force to prepare Standard Operating Procedures (SOPs) for re-gasification at b
Published 31 Dec, 2018 12:00am
Pakistan, Qatar discuss Afghan situation

Pakistan, Qatar discuss Afghan situation

Pakistan and Qatar have agreed to boost bilateral trade between the two countries. This understanding came after a meeting between Foreign Minister Shah Mahmood Qureshi and his Qatari counterpart Sheikh Mohammed bin Abdulrahman Al-Thani in Doha on Sunday.
Published 31 Dec, 2018 12:00am
Pakistan, Qatar discuss Afghan situation

Pakistan, Qatar discuss Afghan situation

Pakistan and Qatar have agreed to boost bilateral trade between the two countries. This understanding came after a meeting between Foreign Minister Shah Mahmood Qureshi and his Qatari counterpart Sheikh Mohammed bin Abdulrahman Al-Thani in Doha on Sunday.
Published 31 Dec, 2018 12:00am
Pakistan, Qatar discuss Afghan situation

Pakistan, Qatar discuss Afghan situation

Pakistan and Qatar have agreed to boost bilateral trade between the two countries. This understanding came after a meeting between Foreign Minister Shah Mahmood Qureshi and his Qatari counterpart Sheikh Mohammed bin Abdulrahman Al-Thani in Doha on Sunday.
Published 31 Dec, 2018 12:00am
Pakistan, Qatar discuss Afghan situation

Pakistan, Qatar discuss Afghan situation

Pakistan and Qatar have agreed to boost bilateral trade between the two countries. This understanding came after a meeting between Foreign Minister Shah Mahmood Qureshi and his Qatari counterpart Sheikh Mohammed bin Abdulrahman Al-Thani in Doha on Sunday.
Published 31 Dec, 2018 12:00am
Taliban dismiss Afghanistan's peace talks offer

Taliban dismiss Afghanistan's peace talks offer

The Taliban have rejected Kabul's offer of talks next month in Saudi Arabia where the militants, fighting to restore strict Islamic law in Afghanistan, will meet US officials to further peace efforts, a Taliban leader said on Sunday. Representatives from
Published 31 Dec, 2018 12:00am
Taliban dismiss Afghanistan's peace talks offer

Taliban dismiss Afghanistan's peace talks offer

The Taliban have rejected Kabul's offer of talks next month in Saudi Arabia where the militants, fighting to restore strict Islamic law in Afghanistan, will meet US officials to further peace efforts, a Taliban leader said on Sunday. Representatives from
Published 31 Dec, 2018 12:00am
Afghanistan to delay presidential election to July

Afghanistan to delay presidential election to July

Afghanistan's presidential election will be postponed by three months to July 20 to give authorities more time to organise the ballot, election authorities announced on Sunday, following mounting speculation of a delay. The announcement follows heavy crit
Published 31 Dec, 2018 12:00am
Afghanistan to delay presidential election to July

Afghanistan to delay presidential election to July

Afghanistan's presidential election will be postponed by three months to July 20 to give authorities more time to organise the ballot, election authorities announced on Sunday, following mounting speculation of a delay. The announcement follows heavy crit
Published 31 Dec, 2018 12:00am
PM to visit Turkey on January 3

PM to visit Turkey on January 3

Prime Minister Imran Khan will embark upon a two-day official visit to Turkey on January 3, 2019 at the invitation of Turkish President Recep Tayyip Erdogan. This will be the prime minister's first official visit to Turkey. He will be accompanied by a hig
Published 31 Dec, 2018 12:00am
PM to visit Turkey on January 3

PM to visit Turkey on January 3

Prime Minister Imran Khan will embark upon a two-day official visit to Turkey on January 3, 2019 at the invitation of Turkish President Recep Tayyip Erdogan. This will be the prime minister's first official visit to Turkey. He will be accompanied by a hig
Published 31 Dec, 2018 12:00am
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