AIRLINK 177.92 Increased By ▲ 0.92 (0.52%)
BOP 12.88 Increased By ▲ 0.07 (0.55%)
CNERGY 7.58 Increased By ▲ 0.09 (1.2%)
FCCL 45.99 Increased By ▲ 3.97 (9.45%)
FFL 15.16 Increased By ▲ 0.32 (2.16%)
FLYNG 27.34 Decreased By ▼ -0.36 (-1.3%)
HUBC 132.04 Decreased By ▼ -2.47 (-1.84%)
HUMNL 13.29 Increased By ▲ 0.33 (2.55%)
KEL 4.46 Increased By ▲ 0.02 (0.45%)
KOSM 6.06 No Change ▼ 0.00 (0%)
MLCF 56.63 Increased By ▲ 2.12 (3.89%)
OGDC 223.84 Increased By ▲ 1.26 (0.57%)
PACE 5.99 Decreased By ▼ -0.04 (-0.66%)
PAEL 41.51 Increased By ▲ 0.21 (0.51%)
PIAHCLA 16.01 Increased By ▲ 0.39 (2.5%)
PIBTL 9.88 Decreased By ▼ -0.18 (-1.79%)
POWER 11.16 Decreased By ▼ -0.01 (-0.09%)
PPL 186.63 Increased By ▲ 2.64 (1.43%)
PRL 34.90 Increased By ▲ 0.59 (1.72%)
PTC 23.53 Increased By ▲ 0.19 (0.81%)
SEARL 94.96 Increased By ▲ 3.89 (4.27%)
SILK 1.14 Increased By ▲ 0.03 (2.7%)
SSGC 35.50 Increased By ▲ 1.52 (4.47%)
SYM 15.64 Decreased By ▼ -0.32 (-2.01%)
TELE 7.87 Increased By ▲ 0.01 (0.13%)
TPLP 10.93 Decreased By ▼ -0.08 (-0.73%)
TRG 59.20 Increased By ▲ 0.48 (0.82%)
WAVESAPP 10.78 Decreased By ▼ -0.01 (-0.09%)
WTL 1.35 Decreased By ▼ -0.01 (-0.74%)
YOUW 3.80 Decreased By ▼ -0.01 (-0.26%)
AIRLINK 177.92 Increased By ▲ 0.92 (0.52%)
BOP 12.88 Increased By ▲ 0.07 (0.55%)
CNERGY 7.58 Increased By ▲ 0.09 (1.2%)
FCCL 45.99 Increased By ▲ 3.97 (9.45%)
FFL 15.16 Increased By ▲ 0.32 (2.16%)
FLYNG 27.34 Decreased By ▼ -0.36 (-1.3%)
HUBC 132.04 Decreased By ▼ -2.47 (-1.84%)
HUMNL 13.29 Increased By ▲ 0.33 (2.55%)
KEL 4.46 Increased By ▲ 0.02 (0.45%)
KOSM 6.06 No Change ▼ 0.00 (0%)
MLCF 56.63 Increased By ▲ 2.12 (3.89%)
OGDC 223.84 Increased By ▲ 1.26 (0.57%)
PACE 5.99 Decreased By ▼ -0.04 (-0.66%)
PAEL 41.51 Increased By ▲ 0.21 (0.51%)
PIAHCLA 16.01 Increased By ▲ 0.39 (2.5%)
PIBTL 9.88 Decreased By ▼ -0.18 (-1.79%)
POWER 11.16 Decreased By ▼ -0.01 (-0.09%)
PPL 186.63 Increased By ▲ 2.64 (1.43%)
PRL 34.90 Increased By ▲ 0.59 (1.72%)
PTC 23.53 Increased By ▲ 0.19 (0.81%)
SEARL 94.96 Increased By ▲ 3.89 (4.27%)
SILK 1.14 Increased By ▲ 0.03 (2.7%)
SSGC 35.50 Increased By ▲ 1.52 (4.47%)
SYM 15.64 Decreased By ▼ -0.32 (-2.01%)
TELE 7.87 Increased By ▲ 0.01 (0.13%)
TPLP 10.93 Decreased By ▼ -0.08 (-0.73%)
TRG 59.20 Increased By ▲ 0.48 (0.82%)
WAVESAPP 10.78 Decreased By ▼ -0.01 (-0.09%)
WTL 1.35 Decreased By ▼ -0.01 (-0.74%)
YOUW 3.80 Decreased By ▼ -0.01 (-0.26%)
BR100 12,130 Increased By 107.3 (0.89%)
BR30 37,246 Increased By 640.2 (1.75%)
KSE100 114,399 Increased By 685.5 (0.6%)
KSE30 35,458 Increased By 156.2 (0.44%)
Mar 08, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-01-19
Tesla to cut seven percent of workforce amid tough profit outlook

Tesla to cut seven percent of workforce amid tough profit outlook

Elon Musk's electric car manufacturer Tesla announced Friday it is cutting its workforce by about seven percent in a push to keep its Model 3 affordable for middle-income consumers. Shares fell sharply following the announcement, which also signaled a tou
Published 19 Jan, 2019 12:00am
Supply of RLNG to Punjab industrial, CNG sectors to resume today

Supply of RLNG to Punjab industrial, CNG sectors to resume today

The Supply of Re-gasified Liquefied Natural Gas (RLNG) to the Punjab industrial and CNG sectors will resume on Saturday as the ship carrying liquefied natural gas could not berth at the Port Qasim. The Supply of RLNG to power sector was also reduced.
Published 19 Jan, 2019 12:00am
Upgradation of Railway track from Faisalabad to Gwadar demanded

Upgradation of Railway track from Faisalabad to Gwadar demanded

Chairman of Faisalabad Chamber of Commerce and Industry standing committee on railway has said that up-gradation of railway track from Faisalabad to Gwadar is imperative to run maximum cargo and passenger trains to ensure speedy transportation of exportab
Published 19 Jan, 2019 12:00am
CCTV cameras to be installed in in Punjab's 713 police stations

CCTV cameras to be installed in in Punjab's 713 police stations

With an aim to bridge gaps between police and public, the Punjab police have decided in principal to install CCTV cameras in 713 police stations to monitor activities of Station House Officers (SHOs) besides ensuring security of visitors.
Published 19 Jan, 2019 12:00am
First women's bicycle rally cancelled amid threats of protest

First women's bicycle rally cancelled amid threats of protest

The first women's bicycle rally in Peshawar has cancelled after threats of protest from the religious parties. According to reports, an NGO working for women rights had announced to hold 'peace rally' from Hayatabad on Saturday.
Published 19 Jan, 2019 12:00am
Tax collection: Minister for strengthening monitoring system

Tax collection: Minister for strengthening monitoring system

Punjab Finance Minister Hashim Jawan Bakhat has stressed the need for strengthening monitoring system in order to enhance tax collection and build people's trust in the government. He expressed these views while chairing a meeting which was held here to r
Published 19 Jan, 2019 12:00am
Arrest warrants issued

Arrest warrants issued

Lahore High Court Rawalpindi Bench on Friday issued arrest warrants for Chaurdhry Sajjad Hussain, owner of SHINS International, a real estate group, for misusing the name of Army Welfare Trust (AWT). A single bench comprising Justice Qazi Ameen heard the
Published 19 Jan, 2019 12:00am
2018-19: 97.17 percent wheat sowing accomplished

2018-19: 97.17 percent wheat sowing accomplished

Sowing of 97.17 percent wheat crop for the year 2018-19 has been completed on 8.583 million hectares of land against the total target of 8.833 million hectares in the country. A senior official of Ministry of National Food Security and Research (MNFS&R) t
Published 19 Jan, 2019 12:00am
Desilting of Punjab's canals to be completed by January 31

Desilting of Punjab's canals to be completed by January 31

The Punjab Irrigation department has extended the annual desilting of irrigation canals of central and northern Punjab emanating from Mangla dam and river Chenab for another fifteen days till 31st January due to recent rains in the country. The Minister f
Published 19 Jan, 2019 12:00am
Anti-polio drive of 2019 to begin on Monday

Anti-polio drive of 2019 to begin on Monday

The first polio eradication drive of 2019 is set to begin on Monday (January 21) which would continue till January 25. More than 48,000 teams have been constituted to administer anti-polio vaccine to 19 million children. Punjab Health Minister Dr Yasmin R
Published 19 Jan, 2019 12:00am
SC issues written order in Asghar Khan case

SC issues written order in Asghar Khan case

The Supreme Court on Friday, issuing a two-page written order, summoned Secretary Defence to appear in-person before the court on January 25, along with progress report in Air Marshal Asghar Khan (retd) case. A two-judge headed by Chief Justice (retd) Mia
Published 19 Jan, 2019 12:00am
Government urged to make FBR autonomous on SBP's pattern

Government urged to make FBR autonomous on SBP's pattern

The Chairman of Businessmen Panel at the Federation of Pakistan Chambers of Commerce and Industry, Mian Anjum Nisar, has urged the government to make the Federal Board of Revenue (FBR) autonomous on the pattern of State Bank of Pakistan.
Published 19 Jan, 2019 12:00am
ANF seizes 2.53 tons of drugs worth Rs 3.22 billion

ANF seizes 2.53 tons of drugs worth Rs 3.22 billion

Determined for establishment of a "Drug Free World" the Anti Narcotics Force Pakistan seized 2,536Kgs narcotics valuing Rs 3.22 Billion internationally, arrested 68 culprits including 6 women involved in drug smuggling and impounded 22 vehicles conducting
Published 19 Jan, 2019 12:00am
BDC mulls over option to restart PSM

BDC mulls over option to restart PSM

Pakistan Steel Mills (PSM) Board Business Development Committee (BDC) has proposed options to restart the dysfunctional mills. The committee comprising Muhammad Raziuddin, Asif Jabbar Khan, Jabar Memon and Ashique Ali held threadbare discussions on PSM fu
Published 19 Jan, 2019 12:00am
Pakistan's national agenda aligned with UN's SDGs: Alvi

Pakistan's national agenda aligned with UN's SDGs: Alvi

President Dr Arif Alvi has said that Pakistan has always remained a steadfast supporter of United Nations and the principle of its charter and will continue to play its active role in its support. The President said this while talking to President of UN G
Published 19 Jan, 2019 12:00am
US MIDDAY: gold down

US MIDDAY: gold down

Gold slipped in early New York trade on Friday to its lowest in more than a week and headed for its first weekly decline in five, as equities and the US dollar got a lift from investors taking on more risk due to growing hopes for a resolution in the Chin
Published 19 Jan, 2019 12:00am
US MIDDAY: soya, wheat and corn up

US MIDDAY: soya, wheat and corn up

US soyabean futures jumped 1 percent on Friday while corn and wheat also edged upward in a broad commodities and equities market rally on renewed optimism about US-China trade talks. Media reports highlighting potential progress in trade negotiations betw
Published 19 Jan, 2019 12:00am
Gold slips in Europe

Gold slips in Europe

Gold slipped on Friday to its lowest in more than a week, headed for its first weekly decline in five, as equities and the US dollar got a lift from investors taking on more risk due to growing hopes for a resolution in the China-US trade war. Spot gold w
Published 19 Jan, 2019 12:00am
Palladium stays above $1,400 in Asia

Palladium stays above $1,400 in Asia

Palladium held above $1,400 an ounce on Friday after surging to record levels in the previous session, amid tight supplies and robust demand, while gold slipped as risk sentiment got a boost from hopes of progress in US-China trade talks.
Published 19 Jan, 2019 12:00am
Palladium breaks above $1,400/oz in New York

Palladium breaks above $1,400/oz in New York

Palladium surpassed the $1,400 mark for the first time on Thursday in New York close, as demand for the auto-catalyst metal overtook its availability in the market, while gold edged lower as the dollar gained on better-than-expected US weekly jobs data. S
Published 19 Jan, 2019 12:00am
Arabica coffee prices surge, raw sugar up

Arabica coffee prices surge, raw sugar up

Arabica coffee futures on ICE were higher on Friday, boosted by fund short-covering fuelled by both technical factors and some concerns about hot, dry weather in top grower Brazil. March arabica coffee rose 2.50 cents, or 2.4 percent, to $1.0490 per lb by
Published 19 Jan, 2019 12:00am
Cambodia, Myanmar hit out at tough EU rice tariffs

Cambodia, Myanmar hit out at tough EU rice tariffs

Cambodia and Myanmar have railed at the European Commission for resuming tariffs on millions of dollars of rice, with one ministry describing the move as a "weapon" against already poor farmers. The EC reimposed duties of up to 175 euros ($200) per tonne
Published 19 Jan, 2019 12:00am
Malaysian palm oil jumps to near three-month top
Vegetable Oil

Malaysian palm oil jumps to near three-month top

Malaysian palm oil futures jumped to a near three-month high on Friday, charting a second day of gains, buoyed by strong crude oil prices and technical buying. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange w
Published 19 Jan, 2019 12:00am
Tokyo rubber hits 1-1/2-week high

Tokyo rubber hits 1-1/2-week high

Benchmark Tokyo rubber futures rose to a 1-1/2-week high on Friday, amid optimism that the United States and China are closer to resolving their trade dispute and speculations over tighter supply in Tokyo's near-term contracts, dealers said. Chinese Vice
Published 19 Jan, 2019 12:00am
Oil surges three percent on OPEC glut-cut plan, signs of US-China thaw

Oil surges three percent on OPEC glut-cut plan, signs of US-China thaw

Oil prices jumped about 3 percent on Friday, rising after OPEC detailed specifics on its production-cut activity to ease global oversupply, and on signs of progress in ending the US-China trade war. Brent crude was up $1.52 to settle at $62.70 a barrel, o
Published 19 Jan, 2019 12:00am
Oil refining capacity to grow at record pace this year: IEA

Oil refining capacity to grow at record pace this year: IEA

Global oil refining capacity is set to increase at its fastest pace on record this year, possibly boosting stocks of products such as diesel, gasoline and marine fuel, the International Energy Agency said on Friday. Oil refining capacity will rise by 2.6
Published 19 Jan, 2019 12:00am
Base metals gain on hopes US-China trade dispute could thaw

Base metals gain on hopes US-China trade dispute could thaw

LME copper, nickel and zinc hit multi-week highs on Friday as base metals gained on signs the trade dispute between the United States and top metals consumer China could be easing. The Wall Street Journal reported on Thursday that US Treasury Secretary St
Published 19 Jan, 2019 12:00am
NASA and China collaborate on Moon mission

NASA and China collaborate on Moon mission

The space agencies of the United States and China are in touch and coordinating efforts on Moon exploration, NASA said Friday as it navigates a strict legal framework aimed at preventing technology transfer to China.
Published 19 Jan, 2019 12:00am
Two Russian fighter jets collide over Sea of Japan

Two Russian fighter jets collide over Sea of Japan

Two Russian Su-34 fighter jets collided on Friday over the Sea of Japan during a training flight, with both crews managing to eject, the defence ministry said. The bombers touched mid-air and fell into the sea near the Strait of Tartary that separates the
Published 19 Jan, 2019 12:00am
Three jailed for life for deadly UK insurance scam

Three jailed for life for deadly UK insurance scam

Three men were jailed for life in Britain on Friday for murdering five people when they blew up a shop in an attempted insurance scam. Shopkeeper Aram Kurd, Hawkar Hassan and Arkan Ali torched a Polish supermarket in Leicester, central England in February
Published 19 Jan, 2019 12:00am
Germany urges Russia to destroy missile to save nuclear treaty

Germany urges Russia to destroy missile to save nuclear treaty

German Foreign Minister Heiko Maas on Friday called on Russia to destroy a controversial missile system Washington says breaches a key arms control treaty. "We believe Russia can save this treaty," Maas said after talks with Russia's top diplomat Sergei L
Published 19 Jan, 2019 12:00am
Mourners and worshippers protest after three die in Sudan

Mourners and worshippers protest after three die in Sudan

Hundreds of mourners returning from the funeral of a protester and crowds of worshippers launched spontaneous anti-government rallies in Sudan Friday, witnesses said, a day after three demonstrators died in Khartoum. Deadly protests have rocked Sudan sinc
Published 19 Jan, 2019 12:00am
Libyan forces say Al-Qaeda commander killed

Libyan forces say Al-Qaeda commander killed

The forces of Libyan strongman Khalifa Haftar said they killed on Friday three jihadists including a senior Al-Qaeda member in the south of the country days after launching a security operation. Ahmad al-Mesmari, a spokesman for Haftar's self-proclaimed L
Published 19 Jan, 2019 12:00am
Russia to replace legendary Makarov with new pistol

Russia to replace legendary Makarov with new pistol

Russia will replace the legendary Soviet-era Makarov pistols used by its police and army with a new model that can work in extreme temperatures and rip through body armour, its maker said Friday. The new pistol called Udav, or boa constrictor, has been su
Published 19 Jan, 2019 12:00am
UN hails Ethiopia move to offer refugees jobs, banking

UN hails Ethiopia move to offer refugees jobs, banking

The United Nations on Friday lauded Ethiopia's move to grant its large refugee population the right to jobs, schooling and bank accounts. Ethiopia's refugee population of 905,000 is Africa's second-largest and on Thursday parliament approved new regulatio
Published 19 Jan, 2019 12:00am
Spain, UK agree to let citizens vote in post-Brexit local polls

Spain, UK agree to let citizens vote in post-Brexit local polls

Spain said Friday it had reached a deal with Britain allowing citizens living in both countries to keep voting in local elections as the prospect of a no-deal Brexit looms. "This agreement will prevent these rights from disappearing for British people who
Published 19 Jan, 2019 12:00am
DR Congo slaps down AU call to suspend final vote result

DR Congo slaps down AU call to suspend final vote result

DR Congo rebuked the African Union on Friday over its calls to suspend the announcement of final results from presidential elections, insisting that the Constitutional Court assessing the vote's legality was impartial. The court is urgently hearing an app
Published 19 Jan, 2019 12:00am
Singapore picks US F-35 fighter jet over Europe, China rivals

Singapore picks US F-35 fighter jet over Europe, China rivals

Singapore has chosen the F-35 warplane to replace its ageing fighter jets, opting for the US aircraft over European and Chinese models, the defence ministry said Friday. The affluent city-state, which has one of Asia's best equipped militaries, had earlie
Published 19 Jan, 2019 12:00am
Oxford says no to additional Huawei funding

Oxford says no to additional Huawei funding

Oxford University has decided to forgo further funding from Chinese tech giant Huawei as scrutiny grows in Europe over the telecom company's relationship with the Beijing government. Huawei has been under fire in recent months with the arrests of a top ex
Published 19 Jan, 2019 12:00am
Sterling set for biggest weekly gain against euro
Currency

Sterling set for biggest weekly gain against euro

The pound weakened on Friday as investors took profits after a stellar rally that set the currency up for its biggest weekly gain against the euro in more than a year on growing confidence that a no-deal Brexit can be avoided. Data showing British shopper
Published 19 Jan, 2019 12:00am
Most Asian units trade cautiously
Currency

Most Asian units trade cautiously

Most Asian currencies traded within a tight range on Friday as optimism on possible progress in the US-China trade war was offset by strength in the dollar. The greenback firmed after the Wall Street Journal reported on Thursday that US Treasury Secretary
Published 19 Jan, 2019 12:00am
Aussie, kiwi get reprieve

Aussie, kiwi get reprieve

The Australian and New Zealand dollars got a fillip on Friday as a report of progress in the Sino-US trade dispute buoyed risk sentiment, though both currencies still nursed losses for the week. The blip came after the Wall Street Journal reported US Trea
Published 19 Jan, 2019 12:00am
Dollar stabilises in New York on US-China tariffs talks
Currency

Dollar stabilises in New York on US-China tariffs talks

The US dollar was left flat in Thursday afternoon trade after first rising on a report that US Treasury Secretary Steven Mnuchin had considered easing tariffs imposed on Chinese imports, then retracing those gains after his office denied the claim.
Published 19 Jan, 2019 12:00am
Dollar rises against rivals in Europe
Currency

Dollar rises against rivals in Europe

The dollar held firm against its rivals on Friday and is poised for its first weekly gain in five weeks as investors trimmed some of their excessive short bets against it after some weak eurozone data this week. Going into 2019, weakness in the dollar was
Published 19 Jan, 2019 12:00am
Dollar rises against yen in Asia
Currency

Dollar rises against yen in Asia

The dollar was firm against the yen on Friday as growing optimism of progress in Sino-US trade talks supported broader appetite for risk. A Wall Street Journal report on Thursday that US Treasury Secretary Steven Mnuchin had considered easing tariff impos
Published 19 Jan, 2019 12:00am
Pakistan move into Asian Squash Team Championship semis

Pakistan move into Asian Squash Team Championship semis

Pakistan squash team took berth into the semi-final after recording another important victory against host Thailand in the ongoing 19th Asian Junior Squash Team Championship being played at Pattaya (Thailand), says a message received here on Friday.
Published 19 Jan, 2019 12:00am
UoL win fifth All-Pakistan Inter-University Ski title

UoL win fifth All-Pakistan Inter-University Ski title

University of Lahore (UoL) clinched the trophy of the 5th All Pakistan Higher Education Commission Inter-University Men Ski Championship which concluded at PAF Ski Resort Naltar, on Friday. This was the first time that the event has been conducted at Nalt
Published 19 Jan, 2019 12:00am
Spain to help China develop football

Spain to help China develop football

La Liga and China's Super League on Friday signed an accord to "make Chinese football grow throughout the world." "We are going to learn from La Liga as much about developing young players as about promoting our brand," Dong Zheng, the general secretary o
Published 19 Jan, 2019 12:00am
Dhoni helps India clinch ODI series

Dhoni helps India clinch ODI series

Master finisher Mahendra Singh Dhoni eased India to a seven-wicket victory to clinch their one-day international series against Australia in Melbourne on Friday. The unflappable veteran wicketkeeper hit his third half-century of the three-game series to a
Published 19 Jan, 2019 12:00am
PSL-4 anthem released as Junoon, Pitbull to perform at Dubai opening

PSL-4 anthem released as Junoon, Pitbull to perform at Dubai opening

Junoon and Pitbull will perform at the opening ceremony of the fourth edition of the Pakistan Super League (PSL) which will get underway from February 14 at the UAE. The colourful opening ceremony will be held on February 14 at 8pm at the Dubai Internatio
Published 19 Jan, 2019 12:00am
Hungary puts suspected Football Leaks hacker under house arrest

Hungary puts suspected Football Leaks hacker under house arrest

A hacker said to have a key role in the Football Leaks website was placed under house arrest in Hungary pending an extradition request from his native Portugal, his lawyer said Friday. Rui Pinto, 30, was initially detained by police on Wednesday after a w
Published 19 Jan, 2019 12:00am
Egypt want Cup of Nations to start a day earlier

Egypt want Cup of Nations to start a day earlier

African Cup of Nations hosts Egypt want to start the tournament a day earlier than scheduled so fans can take full advantage over the opening weekend, the African Football Federation told AFP on Friday. Egypt took over as hosts for the tournament two week
Published 19 Jan, 2019 12:00am
Sharapova stuns Wozniacki as Nadal and Federer plough on
Kerb

Sharapova stuns Wozniacki as Nadal and Federer plough on

Maria Sharapova stunned defending champion Caroline Wozniacki to sweep into the Australian Open last 16 Friday and join ice men Rafael Nadal and Roger Federer, who clinically disposed of their opponents. The Russian five-time Grand Slam winner, who has st
Published 19 Jan, 2019 12:00am
Polo D Sufi reach Battle Axe Polo Cup main final

Polo D Sufi reach Battle Axe Polo Cup main final

Polo D Sufi defeated PBG/Remounts by a narrow margin of 9-8 to qualify for the main final of the Battle Axe Polo Cup 2019 here at Cavalry Polo ground on Friday. Raja Temur Nadeem emerged as hero of the for Polo D Sufi as he fired in fabulous five goals wh
Published 19 Jan, 2019 12:00am
US consumer morale at two-year low; factory output surges

US consumer morale at two-year low; factory output surges

US consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago as an ongoing partial shutdown of the federal government and financial market volatility stoked fears of a sharp decelerati
Published 19 Jan, 2019 12:00am
EU sets out plans for 'limited' US trade deal

EU sets out plans for 'limited' US trade deal

The EU pressed on Friday with plans to forge a trade deal with the US, part of an effort - backed by Germany - to avert a trade war with President Donald Trump. Negotiating a deal was the key to a transatlantic truce secured last year after the US slapped
Published 19 Jan, 2019 12:00am
Canada ended 2018 with two percent inflation

Canada ended 2018 with two percent inflation

Canadians paid 2.0 percent more for goods and services in December than a year earlier, the government statistical agency said Friday. The figure closing out 2018 was slightly higher than economists had forecast, after a 1.7 percent average price hike the
Published 19 Jan, 2019 12:00am
Malaysia says Goldman apology not enough, wants $7.5 billion

Malaysia says Goldman apology not enough, wants $7.5 billion

Malaysia's finance minister said Friday an apology from Goldman Sachs for its role in the 1MDB scandal was not enough, and demanded the Wall Street giant pay $7.5 billion compensation. Huge sums were purportedly looted from Malaysian government fund 1MDB
Published 19 Jan, 2019 12:00am
Malaysia says Goldman apology not enough, wants $7.5 billion

Malaysia says Goldman apology not enough, wants $7.5 billion

Malaysia's finance minister said Friday an apology from Goldman Sachs for its role in the 1MDB scandal was not enough, and demanded the Wall Street giant pay $7.5 billion compensation. Huge sums were purportedly looted from Malaysian government fund 1MDB
Published 19 Jan, 2019 12:00am
India's richest man to battle Amazon, Walmart in e-commerce

India's richest man to battle Amazon, Walmart in e-commerce

Asia's richest man Mukesh Ambani announced details of a new online shopping platform Friday that will see his oil-to-telecoms conglomerate take on Amazon and Walmart in India's burgeoning e-commerce market. Ambani, the chairman of Reliance Industries, sai
Published 19 Jan, 2019 12:00am
Barcelona taxis go on strike, block major street

Barcelona taxis go on strike, block major street

Dozens of taxis in Barcelona started an indefinite strike on Friday, blocking a major thoroughfare in protest against online ride-hailing services like Uber. The mobilisation comes ahead of a similar work stoppage due to kick off on Monday in Madrid just
Published 19 Jan, 2019 12:00am
China, Germany to boost financial sector cooperation

China, Germany to boost financial sector cooperation

China and Germany on Friday signed a series of agreements to strengthen cooperation in banking and financial sector supervision, as Beijing moves to open up the country's financial markets. The agreements were signed at the end of a two day visit by Germa
Published 19 Jan, 2019 12:00am
Renault posts record sales as Ghosn successor sought

Renault posts record sales as Ghosn successor sought

French carmaker Renault unveiled record sales Friday of nearly 3.9 million vehicles last year, even as it prepares to turn the page on the era of chief executive Carlos Ghosn who remains behind bars in Tokyo on fraud charges. The company said sales in 201
Published 19 Jan, 2019 12:00am
Renault posts record sales as Ghosn successor sought

Renault posts record sales as Ghosn successor sought

French carmaker Renault unveiled record sales Friday of nearly 3.9 million vehicles last year, even as it prepares to turn the page on the era of chief executive Carlos Ghosn who remains behind bars in Tokyo on fraud charges. The company said sales in 201
Published 19 Jan, 2019 12:00am
UK retail sales drop in December

UK retail sales drop in December

British retail sales fell in December as consumers held onto their cash after snapping up discounted Christmas gifts the previous month, official data showed Friday. Total sales slid 0.9 percent compared to November, the Office for National Statistics cal
Published 19 Jan, 2019 12:00am
Dutch top court slaps down Yukos bankruptcy ruling

Dutch top court slaps down Yukos bankruptcy ruling

Top Dutch judges refused Friday to recognise Russia's 2006 bankruptcy ruling of Yukos, in a case involving the transfer of shares from the defunct oil giant to a Russian state company. Once the face of post-communist Russian capitalism, Yukos was broken u
Published 19 Jan, 2019 12:00am
Tesla to cut seven percent of workforce amid tough profit outlook

Tesla to cut seven percent of workforce amid tough profit outlook

Elon Musk's electric car manufacturer Tesla announced Friday it is cutting its workforce by about seven percent in a push to keep its Model 3 affordable for middle-income consumers. Shares fell sharply following the announcement, which also signaled a tou
Published 19 Jan, 2019 12:00am
Retailers eye new tech, data to revive fortunes

Retailers eye new tech, data to revive fortunes

With robots, augmented reality displays and other advanced technologies, traditional retailers are taking a cue from the online world to find new ways to connect and keep customers. The 2019 Consumer Electronics Show in Las Vegas featured dozens of exhibi
Published 19 Jan, 2019 12:00am
Togo's barter market: keeping tradition alive and poverty at bay

Togo's barter market: keeping tradition alive and poverty at bay

Alohou Papa stands in the middle of the bustling market in Togoville and blows hard on a bright red whistle to catch everyone's attention. "It's 9 o'clock. The village chief is sending me to announce that bartering can now start," he cries. "No arguing an
Published 19 Jan, 2019 12:00am
Life after sweet sixty
Cotton

Life after sweet sixty

Life is cryptic, elusive, fragile, short and treacherous, as felt by one, yet is enchanting. Nobody likes to go after coming in this mortal world, even after a hundred years' of living. Mysteries of life and death are better known to only God. He is the o
Published 19 Jan, 2019 12:00am
Animated film to spotlight bear that served in WWII

Animated film to spotlight bear that served in WWII

During World War II, Wojciech Narebski and his fellow Polish servicemen had to lift crate after heavy metal crate of artillery. Fortunately for them, one of the soldiers had superhuman strength: Corporal Wojtek, a Syrian brown bear. "When he saw that we w
Published 19 Jan, 2019 12:00am
Do Golden Globe wins translate into Oscars? Not so much

Do Golden Globe wins translate into Oscars? Not so much

With the Golden Globes done and dusted, Hollywood moves swiftly along to the crown-jewel of its award season: the Oscars. Members of the Academy of Motion Picture Arts and Sciences began voting Monday and their nominations will be revealed in two weeks' t
Published 19 Jan, 2019 12:00am
Backstage, Paris Opera keeps venerable crafts alive

Backstage, Paris Opera keeps venerable crafts alive

At the Paris Opera, people often say that for the curtain to rise on its stars, the talents of 100 different trades are needed behind the scenes. Thanks to an academy, founded in 2015, to preserve some of those specialised crafts, Brazilian Tulio Morais w
Published 19 Jan, 2019 12:00am
Bridge Notes: Breaking ground

Bridge Notes: Breaking ground

Since the selection of the opening lead in defending against no trump or suit contracts, game or part - game is often the most crucial decision a defender faces operating in the dark with just 2 things to guide him - the bidding and his own hand. Of cours
Published 19 Jan, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 19 Jan, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 19 Jan, 2019 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 19 Jan, 2019 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 19 Jan, 2019 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (January 18, 2019).

Published 19 Jan, 2019 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (January 18, 2019).

Published 19 Jan, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (January 18, 2019).

Published 19 Jan, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (January 18, 2019).

Published 19 Jan, 2019 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (January 18, 2019).
Published 19 Jan, 2019 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (January 18, 2019).

Published 19 Jan, 2019 12:00am
Previous Day
⇧