News Archives for Print - 2019-01-28

Open kutchery held in Faisalabad

Deputy Commissioner Sardar Saifullah Dogar has directed the district heads of different departments to give special attention for redressing the public complaints at their offices and the complainants should be provided relief after listening them with pa

Published 28 Jan, 2019 12:00am

Sahiwal tragedy: six CTD officials sent to jail on judicial remand

In a major development in Sahiwal incident, six Counter-Terrorism Department (CTD) personnel were sent to jail on judicial remand. According to a private television channel report, the eye witnesses have been summoned tomorrow (Monday), at 11am in Yousafw

Published 28 Jan, 2019 12:00am

Free Russian language classes at Lahore consulate

Russian Federation's honorary consul Habib Ahmad has said the Consulate has started free Russian language classes at Russian Consulate Lahore. He was talking to the media after inauguration of free language classes here on Sunday .This is need of the hour

Published 28 Jan, 2019 12:00am

JI chief terms PTI government's economic policy 'ad hoc'

Chief of Jamaat e Islami, Senator Sirajul Haq, has said that the creation of the South Punjab or Bahawalpur province was not among the priorities of the government. According to media cell of JI at Mansoora, he was addressing press conferences at Multan a

Published 28 Jan, 2019 12:00am

ABAD urged to play effective role in PM's housing scheme

Senior Minister Punjab Abdul Aleem Khan has called upon the private sector to come forward and play positive role in construction of 5 million low cost houses under Prime Minister's Programme. "Imran Khan has determination to provide poor people their own

Published 28 Jan, 2019 12:00am

APNS team apprises Punjab PA speaker about media issues

A delegation of All Pakistan Newspapers Society (APNS) met Speaker Punjab Assembly Ch Parvez Elahi here on Sunday and briefed him about the problems being faced by the Punjab based publications because of the new advertising policy, especially money owed

Published 28 Jan, 2019 12:00am

Next-generation basal insulin glargine U300 introduced in Pakistan

Next generation basal insulin glargine U300, now introduced in Pakistan, works like the human body's natural insulin and helps control blood sugar along with diet and exercise. Since approved by FDA in 2015, the drug had earlier been introduced in many co

Published 28 Jan, 2019 12:00am

CPEC doesn't deserve any criticism or speculation

It was only recently that the Embassy of China in Pakistan took note of a report by a Pakistani journalist, in which he claimed that Pakistan will repay $40 billion debt to China under China-Pakistan Economic Corridor (CPEC). The country's Planning Minist

Published 28 Jan, 2019 12:00am

Currency

Mixed emotions in Germany as 500-euro note bows out

As the ECB takes the final step in phasing out the 500-euro note, few are expected to mourn a bill favoured by criminals but rarely seen in daily life. Except perhaps in cash-loving Germany. From Sunday, central banks in 17 of the 19 eurozone countries wi

Published 28 Jan, 2019 12:00am

Encountering 'encounters'

Shoot without sight. Shoot not till they die, but till your bullets finish. Shoot one and shoot all. These seem to be the SOPs or standard operating procedures for Police and its various departments across the country. The Sahiwal tragedy has again highli

Published 28 Jan, 2019 12:00am

Currency

Asad Umer's Round Two

Finance Minister Asad Umer has been consistently right when he accuses the previous administration of leaving behind an economy in shambles but been consistently wrong in claiming success through giving the right direction to the economy both in the first

Published 28 Jan, 2019 12:00am

INGOs controversy

Since October last, when the government showed the door to 18 international non- governmental organizations (INGOs) for no-compliance with registration rules, the issue has refused to die down. Las month, ambassadors of the European Union, Australia, Cana

Updated 29 Jul, 2019 07:32am

Dual nationals

Different countries take a different approach to dual citizenship. Some accept it others do not, such as Australia, where a couple of years ago the then deputy prime minister, Barnaby Joyce, had to give up his job because he also had New Zealand citizensh

Updated 29 Jul, 2019 07:32am

Private sector credit

Bank credit to the private sector is often considered as life-blood for various sectors of the economy and if it goes dry, the industry and other sectors of the economy could suffer immensely. Seen from this perspective, almost a double-digit growth in cr

Updated 29 Jul, 2019 07:32am

No Fed hike this week but don''t rule out more in 2019: economists

The US Federal Reserve will hold its fire this week, leaving interest rates untouched and letting markets calm down after a tumultuous end to 2018. Coming off Wall Street''s worst December since the Great Depression and amid mounting fears about the globa

Published 28 Jan, 2019 12:00am

No Fed hike this week but don't rule out more in 2019: economists

The US Federal Reserve will hold its fire this week, leaving interest rates untouched and letting markets calm down after a tumultuous end to 2018. Coming off Wall Street's worst December since the Great Depression and amid mounting fears about the global

Published 28 Jan, 2019 12:00am

No Fed hike this week but don't rule out more in 2019: economists

The US Federal Reserve will hold its fire this week, leaving interest rates untouched and letting markets calm down after a tumultuous end to 2018. Coming off Wall Street's worst December since the Great Depression and amid mounting fears about the global

Published 28 Jan, 2019 12:00am

Pakistan hammers South Africa by 8 wickets to level series

Pakistan kept its concentration amid a four-game ban for its captain for racist on-field comments to hammer South Africa by eight wickets on Sunday and level the one-day international series at 2-2. Pakistan's convincing victory at the Wanderers in Johann

Published 28 Jan, 2019 12:00am

Pakistan hammers South Africa by 8 wickets to level series

Pakistan kept its concentration amid a four-game ban for its captain for racist on-field comments to hammer South Africa by eight wickets on Sunday and level the one-day international series at 2-2. Pakistan's convincing victory at the Wanderers in Johann

Published 28 Jan, 2019 12:00am

Sarfraz gets four-match suspension over racist remark

The International Cricket Council handed Sarfraz Ahmed a four-match suspension on Sunday after a racist remark made by the Pakistan captain was picked up by a stump microphone in South Africa last week. Sarfraz was heard making a comment in Urdu about And

Published 28 Jan, 2019 12:00am

Sarfraz gets four-match suspension over racist remark

The International Cricket Council handed Sarfraz Ahmed a four-match suspension on Sunday after a racist remark made by the Pakistan captain was picked up by a stump microphone in South Africa last week. Sarfraz was heard making a comment in Urdu about And

Published 28 Jan, 2019 12:00am

GIDC: government, litigants fail to reach settlement

Settlement between litigants (fertilizer, textile and CNG sectors) and the government on allowing the government to access 50 percent of the collected Gas Infrastructure Development Cess (GIDC) from 2012-15 has not yet been reached.

Published 28 Jan, 2019 12:00am

GIDC: government, litigants fail to reach settlement

Settlement between litigants (fertilizer, textile and CNG sectors) and the government on allowing the government to access 50 percent of the collected Gas Infrastructure Development Cess (GIDC) from 2012-15 has not yet been reached.

Published 28 Jan, 2019 12:00am

GIDC: government, litigants fail to reach settlement

Settlement between litigants (fertilizer, textile and CNG sectors) and the government on allowing the government to access 50 percent of the collected Gas Infrastructure Development Cess (GIDC) from 2012-15 has not yet been reached.

Published 28 Jan, 2019 12:00am

US peace envoy visits Kabul

US special envoy Zalmay Khalilzad arrived in Kabul on Sunday to try to secure cooperation from Afghanistan's president after breakthroughs in peace negotiations with Taliban leaders in Qatar. With Khalilzad and his boss US. Secretary of State Mike Pompeo,

Published 28 Jan, 2019 12:00am

US peace envoy visits Kabul

US special envoy Zalmay Khalilzad arrived in Kabul on Sunday to try to secure cooperation from Afghanistan's president after breakthroughs in peace negotiations with Taliban leaders in Qatar. With Khalilzad and his boss US. Secretary of State Mike Pompeo,

Published 28 Jan, 2019 12:00am

Twin bomb attacks on Philippine church kills at least 18

At least 18 people were killed Sunday when a double bomb attack hit a Catholic church on a southern Philippine island that is a stronghold of Islamist militants, the military said, days after voters backed expanded Muslim self-rule in the region.

Published 28 Jan, 2019 12:00am

Twin bomb attacks on Philippine church kills at least 18

At least 18 people were killed Sunday when a double bomb attack hit a Catholic church on a southern Philippine island that is a stronghold of Islamist militants, the military said, days after voters backed expanded Muslim self-rule in the region.

Published 28 Jan, 2019 12:00am

Businesses struggle as cracks appear in China''s economy

Cracks are opening in China''s mighty economy: investors are backing away from deals, factories are moving abroad and companies are shedding jobs. The world''s second-largest economy is losing steam, hitting its slowest growth in almost three decades last

Published 28 Jan, 2019 12:00am

Businesses struggle as cracks appear in China's economy

Cracks are opening in China's mighty economy: investors are backing away from deals, factories are moving abroad and companies are shedding jobs. The world's second-largest economy is losing steam, hitting its slowest growth in almost three decades last y

Published 28 Jan, 2019 12:00am

Businesses struggle as cracks appear in China's economy

Cracks are opening in China's mighty economy: investors are backing away from deals, factories are moving abroad and companies are shedding jobs. The world's second-largest economy is losing steam, hitting its slowest growth in almost three decades last y

Published 28 Jan, 2019 12:00am

Pakistan closes Consulate General in Mazar-e-Sharif

Pakistan's Consulate General in Mazar-e-Sharif, Afghanistan closed down after a woman with a hand grenade tried to sneak into the consulate, Foreign Office said. "Today, the Pakistan Consulate General in Mazar-e-Sharif was closed when an Afghan woman was

Published 28 Jan, 2019 12:00am

Pakistan closes Consulate General in Mazar-e-Sharif

Pakistan's Consulate General in Mazar-e-Sharif, Afghanistan closed down after a woman with a hand grenade tried to sneak into the consulate, Foreign Office said. "Today, the Pakistan Consulate General in Mazar-e-Sharif was closed when an Afghan woman was

Published 28 Jan, 2019 12:00am

Normalcy returns to former Taliban stronghold: DG ISPR

Military says 95 percent of the tribal people in North Waziristan displaced by military operations against militants have returned to their homes in the region bordering Afghanistan, which once served as Taliban headquarters. Army spokesman Major General

Published 28 Jan, 2019 12:00am

Normalcy returns to former Taliban stronghold: DG ISPR

Military says 95 percent of the tribal people in North Waziristan displaced by military operations against militants have returned to their homes in the region bordering Afghanistan, which once served as Taliban headquarters. Army spokesman Major General

Published 28 Jan, 2019 12:00am

Polish PM says Hitler's Germany responsible for Holocaust, not Nazis

Hitler's Germany was responsible for the Holocaust, not the Nazis, Polish Prime Minister Mateusz Morawiecki said Sunday, as Poland marked 74 years since the liberation of the Auschwitz-Birkenau death camp. "Hitler's Germany fed on fascist ideology... But

Published 28 Jan, 2019 12:00am

Polish PM says Hitler's Germany responsible for Holocaust, not Nazis

Hitler's Germany was responsible for the Holocaust, not the Nazis, Polish Prime Minister Mateusz Morawiecki said Sunday, as Poland marked 74 years since the liberation of the Auschwitz-Birkenau death camp. "Hitler's Germany fed on fascist ideology... But

Published 28 Jan, 2019 12:00am

PWC team leaves for India to inspect Chenab projects

A three-member water commission delegation left for India via Wagah Border on Sunday to inspect Indian hydel projects at Chenab basin mainly the 1,000MW Pakal Dul and 48MW Lower Kalnai in Indian occupied Kashmir under the 1960 Indus Water Treaty. It is be

Published 28 Jan, 2019 12:00am

PWC team leaves for India to inspect Chenab projects

A three-member water commission delegation left for India via Wagah Border on Sunday to inspect Indian hydel projects at Chenab basin mainly the 1,000MW Pakal Dul and 48MW Lower Kalnai in Indian occupied Kashmir under the 1960 Indus Water Treaty. It is be

Published 28 Jan, 2019 12:00am

PWC team leaves for India to inspect Chenab projects

A three-member water commission delegation left for India via Wagah Border on Sunday to inspect Indian hydel projects at Chenab basin mainly the 1,000MW Pakal Dul and 48MW Lower Kalnai in Indian occupied Kashmir under the 1960 Indus Water Treaty. It is be

Published 28 Jan, 2019 12:00am

PWC team leaves for India to inspect Chenab projects

A three-member water commission delegation left for India via Wagah Border on Sunday to inspect Indian hydel projects at Chenab basin mainly the 1,000MW Pakal Dul and 48MW Lower Kalnai in Indian occupied Kashmir under the 1960 Indus Water Treaty. It is be

Published 28 Jan, 2019 12:00am

Germany earmarks funds for Russian siege survivors

Berlin and Moscow announced on Sunday that Germany had provided 12 million euros to help Russian World War II veterans and siege survivors but Moscow said it was not enough. The announcement came as Russia marked the 75th anniversary of the end of a World

Published 28 Jan, 2019 12:00am

Eight civilians killed in Yemen displaced centre bombing

Eight civilians were killed and 30 others wounded in a "shocking" bomb attack against a centre for displaced people in Yemen, the UN said Sunday. The bombing hit the centre in the Haradh district in the northwestern province of Hajja on Saturday, accordin

Published 28 Jan, 2019 12:00am

New alert as hundreds feared dead in Brazil dam disaster

Communities devastated by a dam collapse that killed at least 37 people at a Brazilian mining complex - with hopes fading for 250 still missing - were alarmed by an early morning alert Sunday warning of a possible second breach. Loudspeakers rang out at 5

Published 28 Jan, 2019 12:00am

Macron tours temple in Egypt

French President Emmanuel Macron arrived Sunday in Egypt, stopping to visit the iconic temple of Abu Simbel in the country's south before heading to Cairo. Macron's three-day trip to Egypt comes as "Yellow Vest" protests against his policies continue to b

Published 28 Jan, 2019 12:00am

PM links accountability to democracy

Prime Minister Imran Khan Sunday said they were laying foundation for a true democratic system in the country in which every ruler would be held accountable by the public as they would have no luxury to fritter away the public money for their personal gai

Published 28 Jan, 2019 12:00am

PM links accountability to democracy

Prime Minister Imran Khan Sunday said they were laying foundation for a true democratic system in the country in which every ruler would be held accountable by the public as they would have no luxury to fritter away the public money for their personal gai

Published 28 Jan, 2019 12:00am

Futures spread decline by 309 basis points

The futures spread declined by 309bps to 8.85 percent on the last day of the outgoing week. Trading activities on the future counter improved significantly as average daily volumes increased by 204.0 percent to 133.94 million shares. The average daily tra

Published 28 Jan, 2019 12:00am

Futures spread decline by 309 basis points

The futures spread declined by 309bps to 8.85 percent on the last day of the outgoing week. Trading activities on the future counter improved significantly as average daily volumes increased by 204.0 percent to 133.94 million shares. The average daily tra

Published 28 Jan, 2019 12:00am

Bullish sentiments prevail

Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended January 25, 2019 on the back of healthy buying in various sectors. BRIndex100 gained 118.88 points on week-on-week basis to close at 4,283.02 points. Average daily volumes stoo

Published 28 Jan, 2019 12:00am

Bullish sentiments prevail

Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended January 25, 2019 on the back of healthy buying in various sectors. BRIndex100 gained 118.88 points on week-on-week basis to close at 4,283.02 points. Average daily volumes stoo

Published 28 Jan, 2019 12:00am

Bullish sentiments prevail

Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended January 25, 2019 on the back of healthy buying in various sectors. BRIndex100 gained 118.88 points on week-on-week basis to close at 4,283.02 points. Average daily volumes stoo

Published 28 Jan, 2019 12:00am

Rice, sugar and yarn: China likely to extend concessions

China is likely to extend unilateral concessions to Pakistan in rice, sugar and yarn contingent on the successful conclusion of second phase of Free Trade Agreement (FTA), well informed sources told Business Recorder. The 10th round of China Pakist

Published 28 Jan, 2019 12:00am

Rice, sugar and yarn: China likely to extend concessions

China is likely to extend unilateral concessions to Pakistan in rice, sugar and yarn contingent on the successful conclusion of second phase of Free Trade Agreement (FTA), well informed sources told Business Recorder. The 10th round of China Pakist

Published 28 Jan, 2019 12:00am

Rice, sugar and yarn: China likely to extend concessions

China is likely to extend unilateral concessions to Pakistan in rice, sugar and yarn contingent on the successful conclusion of second phase of Free Trade Agreement (FTA), well informed sources told Business Recorder. The 10th round of China Pakist

Published 28 Jan, 2019 12:00am

Kerb

THE RUPEE: rates improve

The rupee managed to improve against the dollar on the money market after the announcement of mini budget during the week, ended on 26th January, 2019. The rupee managed to gain modest ground in terms of the dollar for buying and selling at Rs 138.60 and

Published 28 Jan, 2019 12:00am

Kerb

THE RUPEE: rates improve

The rupee managed to improve against the dollar on the money market after the announcement of mini budget during the week, ended on 26th January, 2019. The rupee managed to gain modest ground in terms of the dollar for buying and selling at Rs 138.60 and

Published 28 Jan, 2019 12:00am

Taliban reject agreement on ceasefire, talks with Afghan govt

The Taliban have rejected agreement on ceasefire and direct talks with Afghan government during marathon negotiations with US special representative in Doha, the capital of Qatar, according to a statement on Sunday. Talks ended on Saturday evening after c

Published 28 Jan, 2019 12:00am

Taliban reject agreement on ceasefire, talks with Afghan govt

The Taliban have rejected agreement on ceasefire and direct talks with Afghan government during marathon negotiations with US special representative in Doha, the capital of Qatar, according to a statement on Sunday. Talks ended on Saturday evening after c

Published 28 Jan, 2019 12:00am

The Weather

The weather report on Sunday (January 27, 2019) and the forecast for Monday (January 28, 2019).

Published 28 Jan, 2019 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JANUARY TO JUNE 2018)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 28 Jan, 2019 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (January 21 to 25, 2019).

Published 28 Jan, 2019 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 28 Jan, 2019 12:00am

Malaysia stripped of world para swim event over Israel stance

Malaysia has been stripped of the right to host the 2019 World Para Swimming Championships for threatening to refuse to allow Israeli athletes to take part, the International Paralympic Committee said on Sunday. The decision was taken after the Malaysian

Published 28 Jan, 2019 12:00am

Messi on target again as Barca overcome Girona

Lionel Messi scored for a sixth consecutive La Liga game as champions Barcelona saw off a gutsy Girona side 2-0 in a Catalan derby on Sunday to go five points clear at the top of the standings. Portuguese fullback Nelson Semedo struck with his weaker left

Published 28 Jan, 2019 12:00am

Djokovic wins magnificent seventh Australian Open

An imperious Novak Djokovic won a record magnificent seventh Australian Open title by routing Rafael Nadal 6-3, 6-2, 6-3 Sunday with a display of flawless tennis. The Serbian world number one dominated the Spanish second seed to win his 15th Grand Slam ti

Published 28 Jan, 2019 12:00am

Antonsen wins first Indonesia Masters title

Danish player Anders Antonsen won his first ever Indonesia Masters after defeating world number one Kento Momota of Japan on Saturday to claim the 2019 title. Antonsen, who was not accompanied by his coach, reached the final of the the championship for th

Published 28 Jan, 2019 12:00am

DeChambeau wins by seven shots to set records in Dubai

Bryson DeChambeau showed imperious form as he secured his first title outside American soil, winning the $3.25 million Dubai Desert Classic on Sunday by a record seven shots. "I've always dreamed of winning any Tour event, and to have this many under my b

Published 28 Jan, 2019 12:00am

Kvitova pulls out of Fed Cup tie against Romania

Australian Open finalist Petra Kvitova will not play in the first-round Fed Cup tie as the Czech Republic face Romania on February 9-10, Czech media said Sunday, quoting her manager. "She defends her titles in St Petersburg the week before that and in Doh

Published 28 Jan, 2019 12:00am

Holder first West Indies all-rounder since Sobers to top ICC rankings

Jason Holder has become the first West Indian since cricket great Garfield Sobers to be named as the world's leading all-rounder following his superb display against England in Barbados. West Indies captain Holder struck a commanding 202 not out and also

Published 28 Jan, 2019 12:00am

Wimbledon shock West Ham, Millwall stun Everton in FA Cup

AFC Wimbledon revived memories of their Crazy Gang heyday as they knocked Premier League West Ham out of the FA Cup with a 4-2 win in the fourth round on Saturday. Wimbledon may be bottom of League One, and 58 places adrift of the Hammers, but that didn't

Published 28 Jan, 2019 12:00am

Pakistan bowlers force series decider

Pakistan shrugged off a four-match suspension imposed on captain Sarfraz Ahmed with a crushing eight-wicket win over South Africa in the fourth one-day international at the Wanderers Stadium on Sunday. The result levelled the five-match series at 2-2. The

Published 28 Jan, 2019 12:00am

Bleeding risks may offset aspirin's benefit vs heart disease

Should healthy people take aspirin to ward off heart disease? The notion has been controversial, and the medical advice mixed. But a review of scientific data on the topic on Tuesday showed that any benefits are slight, and are counterbalanced by a matchi

Published 28 Jan, 2019 12:00am

World to miss 2020 climate 'turning point'

The world is on course to miss its "best chance" of preventing runaway climate change by ensuring global greenhouse gas emissions peak in 2020, researchers warned on Tuesday. Even as Earth is buffeted by superstorms, droughts and flooding made worse by ri

Published 28 Jan, 2019 12:00am

Scientists warn of climate 'time bomb' for world's groundwater

Future generations face an environmental "time bomb" as the world's groundwater systems take decades to respond to the present day impact of climate change, scientists warned on Monday. Found underground in cracks in soil, sand and rock, groundwater is th

Published 28 Jan, 2019 12:00am

New app may improve ability to focus

For people who have trouble concentrating, help may be on the way through a new game app that helps improve the ability to focus just by playing. Researchers documented improvements in attention among healthy young adults who played a game called Decoder

Published 28 Jan, 2019 12:00am

Ebola spreads to high-risk area of Congo: WHO

Democratic Republic of Congo's Ebola outbreak has spread southwards into an area with high security risks, the World Health Organization said. The outbreak, the country's worst, has killed 439 of the 713 people believed to have caught the disease. The fig

Published 28 Jan, 2019 12:00am

Amazon introduces 'Scout' delivery robots

Amazon on Wednesday began putting cooler-sized robots to work delivering packages to customers in a neighborhood outside Seattle. Electric-powered, wheeled delivery vehicles named "Scout" were created by Amazon and guide themselves along sidewalks at a wa

Published 28 Jan, 2019 12:00am

Sony offers puppy-sized robot dog for families safety

Sony's puppy-sized robot dog aibo, equipped with cameras, artificial intelligence and internet capability, can now remotely check up on family members, children or even pets, the Japanese electronics giant said Wednesday. The 30-centimetre (one-foot) robo

Published 28 Jan, 2019 12:00am

Currency

Comcast loses cable users, but internet subscribers surge

Comcast is still losing US cable customers but is racking up more internet subscribers and has gotten a revenue boost from Sky, its big bet on European TV. The Philadelphia Company said Wednesday that it lost 29,000 U.S. cable customers in the fourth quar

Published 28 Jan, 2019 12:00am

GSMA's 'Digital Declaration' launched at World Economic Forum

The GSMA Jan 24 launched the 'Digital Declaration' at the World Economic Forum in Davos. The declaration captures key principles that serve as a guide to acting ethically in the digital era, helping companies deliver what matters most to digital citizens,

Published 28 Jan, 2019 12:00am

ASML faces slow start to year as chipmakers delay orders

ASML Holding NV, a major supplier to the world's largest computer chipmakers, said sales would be weak in the first quarter as some of its customers had delayed orders into the second half of the year. The chip equipment maker's update comes after clients

Published 28 Jan, 2019 12:00am

ASML faces slow start to year as chipmakers delay orders

ASML Holding NV, a major supplier to the world's largest computer chipmakers, said sales would be weak in the first quarter as some of its customers had delayed orders into the second half of the year. The chip equipment maker's update comes after clients

Published 28 Jan, 2019 12:00am

UBS sets gloomy tone for Europe's banks

UBS warned of a tough start to 2019, after reporting an outflow of funds from its flagship wealth management business at the end of last year, sending a shiver through the European banking sector. Shares in Switzerland's biggest bank fell 4 percent on Tue

Published 28 Jan, 2019 12:00am

Novartis urges Britain to secure drug supplies before Brexit

Novartis called on Britain to urgently guarantee the movement of drugs in the event of a chaotic Brexit and said it was stockpiling to maintain the delivery of the 120 million packs it exports to Britain from Europe each year. The Swiss company, one of th

Published 28 Jan, 2019 12:00am

Ericsson posts lower than expected loss as savings and 5G demand kick in

Mobile telecoms equipment company Ericsson beat fourth-quarter forecasts on Friday and said it was approaching its financial targets thanks to growing demand for next-generation 5G gear. The Swedish company has staked its recovery on rising demand for 5G

Published 28 Jan, 2019 12:00am

Ericsson posts lower than expected loss as savings and 5G demand kick in

Mobile telecoms equipment company Ericsson beat fourth-quarter forecasts on Friday and said it was approaching its financial targets thanks to growing demand for next-generation 5G gear. The Swedish company has staked its recovery on rising demand for 5G

Published 28 Jan, 2019 12:00am

American Airlines profit beat on higher fares

No 1 US carrier American Airlines posted on Thursday quarterly profit and 2019 guidance that beat Wall Street estimates thanks to higher fares and healthy passenger demand, sending its shares up nearly 6 percent. Smaller rivals Delta Air Lines Inc and Uni

Published 28 Jan, 2019 12:00am

American Airlines profit beat on higher fares

No 1 US carrier American Airlines posted on Thursday quarterly profit and 2019 guidance that beat Wall Street estimates thanks to higher fares and healthy passenger demand, sending its shares up nearly 6 percent. Smaller rivals Delta Air Lines Inc and Uni

Published 28 Jan, 2019 12:00am

SK Hynix misses fourth quarter expectations

The world's second-biggest memory chipmaker, South Korea's SK Hynix Inc, posted fourth-quarter profit well below market expectations on Thursday as US-China trade frictions and China's slowing economy dragged on semiconductor prices. It was the Samsung El

Published 28 Jan, 2019 12:00am

SK Hynix misses fourth quarter expectations

The world's second-biggest memory chipmaker, South Korea's SK Hynix Inc, posted fourth-quarter profit well below market expectations on Thursday as US-China trade frictions and China's slowing economy dragged on semiconductor prices. It was the Samsung El

Published 28 Jan, 2019 12:00am

Huawei warns of action against hostile markets

Chinese tech giant Huawei said on Tuesday it could pull out of partnerships in hostile countries as it seeks to counter security concerns in the West over its 5G technology. Liang Hua, chairman of the telecommunications equipment provider, said at the Wor

Published 28 Jan, 2019 12:00am

Hyundai Motor suffers first net loss in eight years as China sales skid

South Korea's Hyundai Motor surprised the market on Thursday by posting its first quarterly net loss in at least eight years as its vehicle sales slumped in the key China market.

Published 28 Jan, 2019 12:00am

Hyundai Motor suffers first net loss in eight years as China sales skid

South Korea's Hyundai Motor surprised the market on Thursday by posting its first quarterly net loss in at least eight years as its vehicle sales slumped in the key China market.

Published 28 Jan, 2019 12:00am

Big week for Big Tech as quarterly earnings loom

Big Tech firms face a critical test in the coming days with quarterly updates that may offer clues on whether the world's largest companies are seeing growth or retrenchment ahead. Apple reports its latest quarterly earnings on Tuesday, with Facebook and

Published 28 Jan, 2019 12:00am

Currency

Zimbabwe scrambles to ease passengers' woes after protests

An ecstatic Zimbabwean passenger Shylot Sibanda screams with joy as he boards a bus from downtown Harare to the township of Budiriro. The fare has been slashed to a third of what he paid last week. It's the result of government action - after nationwide d

Published 28 Jan, 2019 12:00am

Abu Dhabi awards Eni, OMV key stakes in oil refiner

Abu Dhabi's state oil firm said Sunday it had signed partnership deals worth $5.8 billion with Italian oil giant Eni and Austria's OMV, awarding them key stakes in its refining arm. Under the agreements, Eni will own 20 percent and OMV 15 percent of the A

Published 28 Jan, 2019 12:00am

Saudi chemical giant profit drops in fourth quarter

Saudi petrochemicals giant SABIC said on Sunday its net profit in the fourth quarter dropped due to lower sales prices but rose for 2018 as a whole. SABIC, the largest listed firm in the kingdom, said in a statement that its net profit in the final quarte

Published 28 Jan, 2019 12:00am

Saudi chemical giant profit drops in fourth quarter

Saudi petrochemicals giant SABIC said on Sunday its net profit in the fourth quarter dropped due to lower sales prices but rose for 2018 as a whole. SABIC, the largest listed firm in the kingdom, said in a statement that its net profit in the final quarte

Published 28 Jan, 2019 12:00am

Tesco may cut thousands of fresh food counter jobs

Tesco, Britain's biggest supermarket chain, may cut thousands of jobs by closing in-store meat, fish and delicatessen counters and by replacing staff canteens with vending machines, the Mail on Sunday newspaper reported, citing industry sources. Up to 15,

Published 28 Jan, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 8	277.83
USD PKR Interbank Buying / Nov 8	277.63
USD to Japanese Yen / Nov 8	152.75
USD to Swiss Franc / Nov 8	0.87
Pound Sterling to USD / Nov 8	1.30
Euro to USD / Nov 8	1.08

Stock	Volume
S&P 500 / Nov 7	5,973.10
Nasdaq / Nov 7	19,269.46
Dow Jones / Nov 7	43,729.34
India Sensex / Nov 8	79,425.88
Tokyo Nikkei / Nov 8	39,500.37
Hang Seng / Nov 8	20,820.36
FTSE 100 / Nov 8	8,143.78
Germany DAX 30 / Nov 8	19,353.61

Item	Value
Petrol/Litre / Nov 8	248.38
Crude Oil USD/Barrel / Nov 8	71.72
Karachi Cotton PKR/37.32 KG / Nov 8	18,285
Gold 10 Grams PKR / Nov 8	239,026
Gold Spot USD/Ounce / Nov 8	2,685.16
Diesel/Litre / Nov 8	255.14

Stock	Price
786 Invest Ltd / Nov 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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