News Archives for Print - 2019-01-31

Print - 2019-01-31

Alibaba profit up 37 percent

Chinese e-commerce leader Alibaba said Wednesday that net profit increased 37 percent in the latest quarter as growth in cloud computing and other business lines helped offset a slowing expansion in core online retail. Net profit reached 33.0 billion yuan

Published 31 Jan, 2019 12:00am

McDonald's reports higher Q4 profits

Fast-food giant McDonald's said Wednesday its profits increased in the fourth quarter partly as a result of higher sales in the US and other key markets. But the dramatic increase, more than doubling profits to $1.4 billion, was due mainly to large one-ti

Published 31 Jan, 2019 12:00am

McDonald's reports higher Q4 profits

Published 31 Jan, 2019 12:00am

US private payrolls rise; housing market struggling

US private payrolls increased solidly in January, pointing to sustained labour market strength despite a recent easing in consumer and business confidence that has suggested a loss of momentum in the economy. The strong hiring shown in the ADP National Em

Published 31 Jan, 2019 12:00am

Denly to make England debut

Joe Denly will make his England debut in the second Test against the West Indies, replacing out-of-form opener Keaton Jennings, captain Joe Root said Wednesday. Denly, 32, comes into the team after Jennings managed just 17 and 14 in the first Test in Barb

Published 31 Jan, 2019 12:00am

Kvitova downs Azarenka to reach Saint Petersburg quarters

Australian Open finalist Petra Kvitova continued her strong run of form with a straight-sets win over former world number one Victoria Azarenka to reach the quarter-finals in Saint Petersburg on Wednesday. Two-time Wimbledon champion Kvitova, who rose to

Published 31 Jan, 2019 12:00am

Smith, Hayden, Ramiz Raja in as PSL's star-studded commentary panel unveiled

A star-studded HBL PSL 2019 commentary panel including former South African captain Graeme Smith, former Australian batsman Matthew Hayden and former Pakistan captain Ramiz Raja was unveiled today. The trio joins world-famous commentators Danny Morrison,

Published 31 Jan, 2019 12:00am

Zameen Polo Cup: Total Nutrition, Diamond Paints/Newage earn victories

Total Nutrition and Diamond Paints/Newage carved out narrow victories in the Zameen Polo Cup 2019, here at Lahore Polo Club ground on Wednesday. In the first match of the day, it was two and a half goal handicap which provided Total Nutrition 6-1/2-6 vict

Published 31 Jan, 2019 12:00am

TCL launches Zalmi Special Edition TV for PSL-2019

TCL, one of the world's top three TV brands, has launched a special edition Zalmi TV to coincide with their sponsorship of Peshawar Zalmi for the upcoming 2019 season of HBL Pakistan Super League (PSL). The Zalmi TV released on the 20th of January 2018 is

Published 31 Jan, 2019 12:00am

South Africa beat Pakistan, clinch ODI series 3-2

South Africa beat Pakistan by seven wickets in the fifth one-day international at Newlands on Wednesday to clinch the series 3-2. Earlier, opening batsman Fakhar Zaman hit an aggressive 70 before Pakistan's innings stalled in the series-deciding final. Wi

Published 31 Jan, 2019 12:00am

Bayern forward Wagner makes China move

Bayern Munich forward Sandro Wagner on Wednesday joined Tianjin Teda in the Chinese Super League (CSL) for a reported transfer fee of five million euros and a hefty pay packet. A growing number of players are leaving Europe for China and typically earn mu

Published 31 Jan, 2019 12:00am

West Indies women thankful for Pakistan's cricket revival

West Indies skipper Merissa Aguilleira on Wednesday called for cricket nations to return to Pakistan as her squad arrived in the country ahead of a three-match Twenty20 series. The 31-year-old from Trinidad is leading the 13-member side that landed in Kar

Published 31 Jan, 2019 12:00am

Shoulder pain forces Sharapova out of Saint Petersburg

Maria Sharapova's ongoing right shoulder problems led her to pull out of the Saint Petersburg tournament, the organisers said on Wednesday. "I tried to do everything possible to be able to be ready to compete this week, but my right shoulder continues to

Published 31 Jan, 2019 12:00am

Neymar to miss Man Utd tie after being ruled out for 10 weeks

Neymar will miss both legs of Paris Saint-Germain's upcoming Champions League last-16 tie against Manchester United after the French club confirmed on Wednesday that the world's most expensive player would be out for 10 weeks with a metatarsal injury.

Published 31 Jan, 2019 12:00am

Currency

Pound struggles, dollar eases in Asia

The pound tried to find its footing on Wednesday after sliding on fresh concerns about the possibility of a "no-deal" Brexit, while the dollar eased ahead of the Federal Reserve's policy decision. Sterling staggered up 0.2 percent to $1.3091 after sufferi

Published 31 Jan, 2019 12:00am

Currency

Aussie climbs, euro drifts in Europe

The Australian dollar climbed more than half a percent against a struggling greenback on Wednesday as inflation data topped forecasts, prompting some speculators to unwind short positions before US-China trade talks this week. Australian consumer prices r

Published 31 Jan, 2019 12:00am

Currency

Early trade in New York: Dollar edges up

The dollar edged higher on Wednesday, bolstered by data showing strong US private sector jobs growth for January, but gains were capped on caution ahead of the Federal Reserve's statement at the conclusion of its policy meeting later in the session. The d

Published 31 Jan, 2019 12:00am

Currency

Pound falls, euro jumps in New York

Sterling fell on Tuesday as British lawmakers rejected most amendments seeking for Britain to avoid leaving the European Union without a deal, reviving worries of a chaotic withdrawal from the trading bloc that would damage the UK economy. British lawmake

Published 31 Jan, 2019 12:00am

Aussie recover, kiwi flat

The Australian dollar bounced on Wednesday after a reading on domestic inflation proved not to be as weak as bears had wagered on, forcing a spurt of short covering. The Aussie got a helping hand from a further sharp rise in prices for iron ore, a major e

Published 31 Jan, 2019 12:00am

Currency

Most Asian units gain ahead of Fed decision

Most Asian currencies gained on Wednesday, on expectations that the US Federal Reserve will signal a slower approach to rate hikes, and on hopes that Sino-US trade talks this week will help de-escalate a trade war that has hurt Asian exporters. The Fed's

Published 31 Jan, 2019 12:00am

Currency

Sterling resilient as Britain pursues Brexit deal change

Sterling recovered on Wednesday after declines triggered by the UK parliament's rejection of amendments to delay Brexit, as investors bet the government would still avoid exiting the European Union without an agreed divorce deal in place. Growing expectat

Published 31 Jan, 2019 12:00am

Canadian canola futures slip

ICE Canadian canola futures dipped on Tuesday, pressured by a lack of demand and as funds maintained short positions. Trading volume was light with selling mainly at the high end of the day's trading range, a trader said. March canola lost $2 to $484.50 p

Published 31 Jan, 2019 12:00am

Cotton

PMEX daily trading report

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,654. The traded value of Metals, Energy and COTS/FX was recorded at PKR 11.519 billion and the number of lots traded 19,741. Major business was contributed by NSDQ100 PKR

Published 31 Jan, 2019 12:00am

CBOT soyabean futures lower

Chicago Board of Trade soyabean futures closed lower on Tuesday as traders shed risk and awaited news from US-China trade talks planned for this week in Washington, traders said. CBOT March soyabeans settled down 4-1/4 cents at $9.19 per bushel but stayed

Published 31 Jan, 2019 12:00am

European wheat futures firmer by new export success

European wheat futures in Paris were supported by a new export success by French wheat on Tuesday, but falling US markets in Chicago limited gains. March milling wheat, the most active contract on the Paris-based Euronext exchange, unofficially closed up

Published 31 Jan, 2019 12:00am

China's iron ore futures rise to 16-month high

China's iron ore futures extended gains on Tuesday amid concerns about supply disruption in the wake of a deadly mining disaster in Brazil, but steel prices dropped in cautious trade ahead of US-China trade talks later this week. Overall investor sentimen

Published 31 Jan, 2019 12:00am

Activities at Karachi and Qasim ports

The Karachi Port handled 133,875 tonnes of cargo comprising 83,980 tonnes of import cargo and 50,895 tonnes of export cargo including 7,888 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargos of

Published 31 Jan, 2019 12:00am

Cotton

Trade activity down slightly on cotton market

Trade activity came down slightly on the cotton market on Wednesday as some needy mills preferred to make deals on reports of shortfall in arrivals of seed cotton, dealers said. The official spot rate was unchanged at Rs 8,700, they added. In the ready se

Published 31 Jan, 2019 12:00am

China's December net gold imports halve

China's net gold imports via main conduit Hong Kong in December halved from the previous month, data showed on Monday, as the world's top gold consumer likely limited import quotas for its banks while the demand for jewellery waned towards end-2018.

Published 31 Jan, 2019 12:00am

Maduro rallies military as Venezuela opposition plans protest

Venezuelan President Nicolas Maduro hit out Wednesday at military "mercenaries" he says are conspiring to divide the armed forces and plot a coup as the opposition planned a new protest to force the socialist leader from power. Maduro accused an "oligarch

Published 31 Jan, 2019 12:00am

Russian lawmaker arrested on senate floor for murders

A Russian lawmaker was arrested Wednesday in the middle of a parliament session in connection with two murders committed eight years ago, an official and news reports said. Rauf Arashukov, a 32-year-old senator representing the Karachayevo-Cherkessia regi

Published 31 Jan, 2019 12:00am

US aid to Palestinian security services to end Friday

US aid to the Palestinian security services will end this week at the Palestinians' request, an official in the West Bank said Wednesday, to preempt lawsuits over alleged support for terrorism. The Palestinian Authority has demanded the funding stop at th

Published 31 Jan, 2019 12:00am

Digital giants 'profiting' from Israeli settlements: Amnesty

Digital tourism giants Airbnb, Booking.com, Expedia and TripAdvisor are profiting from "war crimes" by offering services in Israeli settlements, rights group Amnesty International said in a report published Wednesday. The London-based organisation's "Dest

Published 31 Jan, 2019 12:00am

Palestinians, Europeans worried over Hebron monitoring

Palestinian and European officials expressed concern and regret Wednesday over Israel's decision not to renew the mandate of an international monitoring group in the occupied West Bank city of Hebron. The Temporary International Presence in Hebron (TIPH)

Published 31 Jan, 2019 12:00am

Saudi-led coalition frees, returns seven Yemen rebels: UN

The Saudi-led coalition fighting in Yemen released seven Huthi rebel prisoners on Wednesday and returned them to Sanaa, the United Nations said. The office of UN envoy Martin Griffiths said he was "very encouraged by this positive spirit from the two part

Published 31 Jan, 2019 12:00am

King of Spain visits Iraq, first in 40 years

Spain's King Felipe VI on Wednesday visited special forces helping Iraq fight jihadists, during the first trip by a Spanish monarch to the war-ravaged country in four decades, a diplomat said. The king, whose country is a member of an international coalit

Published 31 Jan, 2019 12:00am

Floods kill 12 people in Saudi Arabia

Twelve people have been killed in floods after heavy rain lashed northern parts of Saudi Arabia this week, the civil defence agency said on Wednesday. Ten died in the northwestern city of Tabuk and one each in the holy city of Medina and in northern borde

Published 31 Jan, 2019 12:00am

Facebook paid users to track smartphone use

Facebook paid users, including teens, to track their smartphone activity as part of an effort to glean more data that could help the social network's competition efforts, according to a new report that may raise fresh privacy concerns.

Published 31 Jan, 2019 12:00am

Australia unveils plans for network of Pacific police academies

Australia has unveiled plans to develop a network of police training centres in the Pacific, stepping up efforts to boost law and order in Papua New Guinea and across the region. Australian Federal Police told AFP Wednesday they were currently in talks wi

Published 31 Jan, 2019 12:00am

Grenade attack kills two at southern Philippines Mosque

A grenade attack on a Mosque in the troubled southern Philippines killed two people early Wednesday, authorities said, just days after a deadly Catholic cathedral bombing and a vote backing Muslim self-rule in the region. The latest blast prompted worries

Published 31 Jan, 2019 12:00am

Trump deepens public row with his 'naive' intelligence services

US President Donald Trump upped the public row with his own intelligence services Wednesday in tweets slamming them as "naive" on Iran and in need of schooling. The broadside was a riposte to a far more sober but equally emphatic rejection by the intellig

Published 31 Jan, 2019 12:00am

US calls for Russian, Chinese nuclear transparency

The United States accused Russia and China of not fully reporting their nuclear programmes Wednesday and called for more transparency, amid US threats to withdraw from a key arms control treaty. A senior US official made the remarks as the five permanent

Published 31 Jan, 2019 12:00am

Nickel hits three-month high on Vale production fears, tight supply

Nickel prices rose to a three-month high on Wednesday as investors worried that one of the world's largest producers, Brazilian miner Vale, could curtail supply in an already tight market. Benchmark nickel on the London Metal Exchange (LME) closed up 1.9

Published 31 Jan, 2019 12:00am

Middle East crude benchmarks mixed

Middle East crude benchmarks were mixed on Wednesday as Oman's premium edged up, while cash Dubai's premium dipped. Taiwanese refiner Formosa Petrochemical closed a tender to buy Oman crude for April loading although the result was not immediately known.

Published 31 Jan, 2019 12:00am

Oil gains on tighter US supply, Venezuela sanctions

Oil prices rose on Wednesday, as US government data that showed signs of tightening supply and investors remained concerned about supply disruptions following US sanctions on Venezuela's oil industry. US crude futures rose 92 cents to settle at $54.23 a b

Published 31 Jan, 2019 12:00am

Tokyo rubber rises

Benchmark Tokyo rubber futures rose on Wednesday on falling production, despite losses in Shanghai futures market. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, were also supported by higher oil prices i

Published 31 Jan, 2019 12:00am

Vegetable Oil

Palm oil climbs on expectation of better exports

Malaysian palm oil futures rose on Wednesday, recovering from their largest fall in two weeks in the previous session, as expectations of better export data lifted market sentiment. The benchmark palm oil contract for April delivery on the Bursa Malaysia

Published 31 Jan, 2019 12:00am

Cocoa falls to seven-week low, sugar down

Cocoa futures on ICE fell to their lowest in about seven weeks on Wednesday on a bountiful supply outlook and technically driven selling, and raw sugar prices also eased. March New York cocoa settled down $39, or 1.8 percent, at $2,176 per tonne after tou

Published 31 Jan, 2019 12:00am

Gold hits eight-month peak in New York

Gold jumped to its highest in more than eight-months on Tuesday, on doubts surrounding US-China trade relations and ahead of a Federal Reserve meeting with increasing expectations for a pause to the central bank's rate hike trajectory. Spot gold was up 0.

Published 31 Jan, 2019 12:00am

Gold scales eight-month peak in Asia

Gold prices edged up on Wednesday to their highest since May 2018, supported by uncertainty over US-China trade relations and expectations the Federal Reserve will keep rates on hold. Spot gold was up 0.2 percent at $1,313.96 per ounce as of 0712 GMT, aft

Published 31 Jan, 2019 12:00am

Gold steadies in Europe

Gold rose to near a more than eight-month peak on Wednesday, supported by a muted dollar as investors awaited the Federal Reserve's policy decision and US-China trade talks later in the day. Spot gold was up 0.1 percent at $1,313.47 per ounce at 1238 GMT,

Published 31 Jan, 2019 12:00am

North America fourth quarter cocoa grind up against year ago

North American cocoa grindings increased 1.25 percent in the fourth quarter of 2018 from a year earlier, a smaller rise than many had predicted, according to data from the National Confectioners Association (NCA) on Thursday. Companies in Canada, the Unit

Published 31 Jan, 2019 12:00am

Currency

US MIDDAY: gold eases off eight-month peak

Gold inched lower on Wednesday but stayed close to its highest in more than eight months as the dollar ticked up on better-than-expected US private-sector jobs data and investors waited to hear about the Federal Reserve's decision on monetary policy. Spot

Published 31 Jan, 2019 12:00am

SBP quarterly report: ICT informal exports higher than formal exports

Pakistan's informal exports of Information and Communications Technologies (ICT) are probably much higher than formal exports. Official ICT exports of Pakistan touched $ 1 billion for the first time ever in FY18, however as per industry experts estimates

Published 31 Jan, 2019 12:00am

Byco's SPM imports 10m tons of POL products

Pakistan's leading oil company, Byco Petroleum's Single Point Mooring (SPM) has imported 10 million tons of POL products and celebrated six years of safe continuous operations since its inception. Byco's SPM has been operating since 2012 including the sev

Published 31 Jan, 2019 12:00am

Vawda directs land acquisition for Dasu hydropower project

Faisal Vawda, Federal Minister for Water Resources has directed that land acquisition for Dasu Hydropower Project must be completed quickly and resolved to remove all road blocks impeding progress on the project. He was chairing the 12th Steering Committe

Published 31 Jan, 2019 12:00am

Ogra suggests lowering of POL products' prices for February

Oil and Gas Regulatory Authority (Ogra) has recommended the federal government to reduce prices of petroleum products for February 2019. In a summary sent to the Ministry of Finance for final decision, the Ogra recommended to reduce the price of motor spi

Published 31 Jan, 2019 12:00am

Currency

National Refinery Limited

National Refinery Limited (PSX: NRL) was incorporated in 1963 as a public limited company. The company was privatised in the year 2005. As per its latest shareholding pattern, 50 percent of the shares are held by the associate companies that include Attoc

Updated 01 Feb, 2019 05:23am

Mutual Funds

National Refinery Limited

Published 31 Jan, 2019 12:00am

Bank AL Habib declares pre-tax profit of Rs 14.26 billion

The Board of Directors of Bank AL Habib Limited (the Bank) announced the financial results for the year ended December 31, 2018. As per the results, the Bank declared the pre-tax profit of Rs. 14.26 billion for the year ended December 31, 2018 as compared

Published 31 Jan, 2019 12:00am

Bank AL Habib declares pre-tax profit of Rs 14.26 billion

Published 31 Jan, 2019 12:00am

Karandaaz, JS Bank sign agreement to finance SMEs

UK-funded company Karandaaz has signed an agreement with JS Bank to jointly make Rs 1 billion available for small and medium enterprise (SME) financing. Increased access to SME financing will create jobs, improve household incomes and boost economic growt

Published 31 Jan, 2019 12:00am

Economic well-being: 'government should take steps in consultation with stakeholders'

Challenges always bring opportunities and give economies a chance to grow therefore we should see the things positively and the government should take steps in consultation with the stakeholders for economic wellbeing.

Published 31 Jan, 2019 12:00am

UAF to mark 'Sisters Day'

The University of Agriculture Faisalabad has set the target of distributing 500 headscarves among females by the university administration to mark Sisters Day on February 14. This was stated by UAF Vice Chancellor Dr Zafar Iqbal Randhawa while presenting

Published 31 Jan, 2019 12:00am

LWMC CEO vows to ensure cleanliness

Newly-appointed Chief Executive Officer of the Lahore Waste Management Company said they will adopt all possible measures to ensure exceptional cleanliness condition in the city and soon sanitation condition will speak for itself.

Published 31 Jan, 2019 12:00am

Medical board examines Nawaz at Kot Lakhpat Jail

A six-member medical board comprising cardiologists visited the Kot Lakhpat Jail on Wednesday to examine health condition of former prime minister Nawaz Sharif. The medical board comprising cardiologists from the Pakistan Institute of Cardiology, Rawalpin

Published 31 Jan, 2019 12:00am

NUST holds session on educational prospects in China

The Department of Mass Communication at NUST School of Social Science & Humanities (S3H) held a panel discussion and a lecture on the opportunities of pursuing higher studies in China. Held at the University's main auditorium here on Wednesday, the sessio

Published 31 Jan, 2019 12:00am

Emirates serves over 20,000 vegan meals in January

Emirates served over 20,000 plant-based meals across all classes in January, known to Vegans worldwide as Veganuary. The worldwide movement, to encourage Veganism especially in January has seen on board requests for vegan meals increase by over 40% this m

Published 31 Jan, 2019 12:00am

PCJCCI organises seminar on 'Digital financial services'

The Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) on Wednesday organised a seminar on "Digital financial services". Tughral Turaab Ali, leader of globalized financial services, said that SME sector can attain sustainable growth by utilizi

Published 31 Jan, 2019 12:00am

Hamza allowed to travel abroad

Leader of Opposition in the Punjab Assembly Hamza Shahbaz has been allowed by the interior ministry to travel abroad. Sources in the PML-N said Hamza wanted to proceed abroad to see some members of his family. Earlier, Hamza tried to go abroad but he was

Published 31 Jan, 2019 12:00am

Punjab Art, Crafts & Architecture council constituted

Provincial Minister for Information and Culture Fayaz-ul-Hassan on Wednesday constituted the Punjab Art, Crafts and Architecture council for the promotion of art, crafts and architecture.

Published 31 Jan, 2019 12:00am

Fruit and vegetable market: minister for eliminating encroachments

Punjab Agriculture Minister Malik Noman Ahmad Langrial has directed the officials of market committee to ensure elimination of encroachments from fruit and vegetable market, Badamibagh Lahore. He also stressed the need for earliest solution of issues bein

Published 31 Jan, 2019 12:00am

Buzdar seeks plan for launching helicopter ambulance service

Punjab Chief Minister Sardar Usman Buzdar on Wednesday directed to submit a detailed programme for starting "Helicopter Ambulance Service" in the province. "A plan should be devised keeping in view every aspect for launching the service," Sardar Usman sai

Published 31 Jan, 2019 12:00am

US Senate leader wants US troops to stay in Syria, Afghanistan

The Republican leader of the US Senate offered legislation on Tuesday urging the United States to keep troops in Syria and Afghanistan, as President Donald Trump's administration moves toward withdrawals of American forces after years overseas.

Published 31 Jan, 2019 12:00am

India bars journalists in IHK from covering Republic Day event

The Committee to Protect Journalists called on authorities in the Indian-controlled state of Jammu and Kashmir to stop restricting press coverage of events in the restive state, after 10 photo and video journalists from local, national, and international

Published 31 Jan, 2019 12:00am

Taliban say they are not looking to rule Afghanistan alone

The Taliban said Wednesday they are not seeking a "monopoly on power" in a future administration in Afghanistan but are looking for ways to co-exist with Afghan institutions - the most conciliatory statement to date from the militants.

Published 31 Jan, 2019 12:00am

Turkey court convicts, releases US consulate local employee

A Turkish court on Wednesday convicted a former Turkish employee of the US consulate of terror charges, then ordered his release for time served, state media reported. Hamza Ulucay, who worked for the consulate in the southern city of Adana, has been in j

Published 31 Jan, 2019 12:00am

Rouhani tells critics: blame 'oath-breaker' US

Iran's President Hassan Rouhani slammed his critics on Wednesday, defending the political achievements of a landmark 2015 nuclear deal and calling the US an "oath-breaker". "One should not condemn the government or the great Islamic system instead of Amer

Published 31 Jan, 2019 12:00am

PTI leader predicts changes in Sindh

General Secretary Pakistan Tehreek-e-Insaf (PTI) Sindh chapter and parliamentary party leader in Sindh Assembly Haleem Adil has said that a change is due in Sindh in the month of March, but it is yet to been if it is a long march or a short march.

Published 31 Jan, 2019 12:00am

Country's upper parts in grip of severe cold, snowfall and rain

The upper parts of the country are in grip of severe cold, freezing winds, heavy snowfall, widespread rain as westerly wave is present over the country and likely to grip most parts the country Wednesday night and may persist in upper/central parts till t

Published 31 Jan, 2019 12:00am

Urdu University official suspended

Federal Ombudsperson for Protection against Harassment of Women at Workplace, Kashmala Tariq Wednesday suspended the head of Computer Science Department at Karachi's Federal Urdu University for allegedly harassing a female employee.

Published 31 Jan, 2019 12:00am

Acquittal plea: Saeed's plea for further arguments allowed

An Accountability Court hearing a corruption case against former Finance Minister Ishaq Dar on Wednesday approved the request of co-accused Saeed Ahmed, former president of National Bank of Pakistan (NBP), for further arguments on his acquittal plea.

Published 31 Jan, 2019 12:00am

JI seminar asks government to shun its population control policy

The government needs to utilise the funds allocated for population control on the provision of education, health and just distribution of national resources, as multibillion rupees spending on population control over the decades has failed to produce the

Published 31 Jan, 2019 12:00am

Qureshi holds talks with Omani counterpart

Foreign Minister Shah Mehmood Qureshi held a meeting with his Omani counterpart Yusuf bin Alawi in Muscat. They discussed bilateral ties, latest situation of the region and international issues. Both sides reviewed the ways to increase mutual cooperation

Published 31 Jan, 2019 12:00am

VEC meeting put off at the 11th hour

A meeting of the Variety Evaluation Committee (VEC) of the Ministry of National Food Security & Research, which was to discuss the next generation biotech maize hybrid seeds of leading multinational companies, was cancelled at the eleventh hour here on We

Published 31 Jan, 2019 12:00am

Rs 11.030 trillion allocated for national uplift projects

Ministry of Planning, Development and Reforms (MoPD&R) has earmarked Rs 11.030 trillion budget for national development projects including Rs 5.545 trillion for federal and Rs 5.485 trillion for provincial development projects and 15 percent average annua

Published 31 Jan, 2019 12:00am

Six of a family killed in mortar shell explosion in Bannu

Six members of a family including children lost their lives in a mortar shell blast inside their house located in Wedan Landi Dak area of Bannu. According to the Police, the blast was reported inside the house of a school teacher Barkat Ullah situated wit

Published 31 Jan, 2019 12:00am

Pakistan, Azerbaijan to constitute JWG on Energy

Pakistan and Azerbaijan will constitute a Joint Working Group (JWG) on Energy to boost up cooperation in the field of oil and gas sector. Azerbaijan is interested in investing in the liquefied natural gas (LNG) sector through State Oil Company of Azerbaij

Published 31 Jan, 2019 12:00am

Chinese New Year celebrated at Roots Millennium Education

China Radio International CRI-Millennium Confucius Classroom in collaboration with the Embassy of China, Cultural Counselor Office, Islamabad marks the Chinese New Year celebration at Roots Millennium Education, Trafalgar Campus F-7/1, Islamabad here on W

Published 31 Jan, 2019 12:00am

PTV's film festival 'Green Belief' to mark Pakistan Day

Pakistan Television Corporation (PTV) Wednesday announced its first ever Short Film Festival titled 'Green Belief' in connection with the upcoming Pakistan Day. PTV has invited filmmakers to share 3 to 10 minutes duration short films and documentaries cov

Published 31 Jan, 2019 12:00am

Securities companie's case: SECP bench refuses to direct departments for unfreezing bank accounts

An Appellate Bench of the Securities and Exchange Commission of Pakistan has refused to issue instructions to the relevant government departments for unfreezing bank accounts and removal of names of CEO and directors of a securities company from Exit Cont

Published 31 Jan, 2019 12:00am

Pakistan mega leather show attracts buyers, investors

The 5th Pakistan mega leather show has attracted potential buyers and investors from China, India, Italy, Germany, Hong Kong, Cyprus, the USA, the UAE, Spain and Tunisia, organisers said, here on Wednesday. The PMLS-19 held from 27th to 29th of January, 2

Published 31 Jan, 2019 12:00am

Protesting doctors call off strike

Advisor to Chief Minister Sindh on Information, Law & Anti-Corruption, Barrister Murtaza Wahab said that protesting young doctors have announced to end their strike following successful negotiations.

Published 31 Jan, 2019 12:00am

Sindh government steps up crackdown on quacks: Assembly informed

The provincial government has stepped up crackdown on fake doctors in the province with imposing up to two years of punishment and fines, Health Minister, Azra Pechuho told Sindh Assembly on Wednesday. Replying to members' queries during the questions and

Published 31 Jan, 2019 12:00am

HCCI chief slams insanitary condition

The poor health and sanitation condition has made the life of the people miserable in Hyderabad, which is the second largest city of Sindh. President of Hyderabad Chamber of Commerce & Industry, Muhammad Saleem Shaikh talking to Business Recorder s

Published 31 Jan, 2019 12:00am

Nahr-e-Khayyam case: NAB Karachi arrests accused Abbas Agha

National Accountability Bureau (NAB), Karachi on Wednesday claimed to have arrested one accused Abbas Ali Agha in Nahr-e-Khayyam plot scam. According to details, he was wanted in an investigation against Manzoor Qadir aka Manzoor Qadir Kaka former DG SBCA

Published 31 Jan, 2019 12:00am

NICVD bags four awards for serving ailing humanity

The National Institute of Cardiovascular Diseases (NICVD) has bagged four awards for serving people of Pakistan, irrespective of their cast, creed and religion and without any discrimination, an official of the cardiac-care hospital said.

Published 31 Jan, 2019 12:00am

International conference on social sciences held at IoBM

The College of Economic and Social Development (CESD) at the Institute of Business Management (IoBM) organized the annual international conference on Social Sciences (AICSS) 2019 on the theme of 'Geo-Political, Economic, Educational and Psycho-Social Chal

Published 31 Jan, 2019 12:00am

Transgender killed in firing incident

A transgender was killed while two others sustained injuries when unidentified gunmen opened fire on their vehicle in district Karak on Wednesday morning. According to details, the transgender persons were returning to Peshawar after attending a musical e

Published 31 Jan, 2019 12:00am

SHC dismayed at NAB Karachi's performance

Sindh High Court (SHC) on Wednesday showed dissatisfaction over performance of National Accountability Bureau (NAB), Karachi after the investigation officer of an embezzlement case didn't appear in the hearings despite the court orders.

Published 31 Jan, 2019 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 25	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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