News Archives for Print - 2019-02-09

Currency

Sterling heads for worst week of 2019 on Brexit impasse

Sterling was headed on Friday for its worst weekly decline since October, with a stalemate over Brexit weighing on the currency and leading the Bank of England to cut its UK growth forecast.

Published 09 Feb, 2019 12:00am

Ghosn ready to repay cost of Versailles wedding

Detained former Renault boss Carlos Ghosn is ready to repay a 50,000-euro ($57,000) bill for his wedding party at the Palace of Versailles which was waived under a sponsorship deal with the French car group, his lawyer said Friday.

Published 09 Feb, 2019 12:00am

British actor Albert Finney dies

Veteran British actor Albert Finney, who starred in films including "Murder on the Orient Express" and "Erin Brockovich", has died at the age of 82, a family spokesman said Friday.

Published 09 Feb, 2019 12:00am

Merkel opens spy agency's massive new Berlin HQ

Chancellor Angela Merkel on Friday inaugurated the new, fortress-like Berlin headquarters of Germany's scandal-plagued BND foreign intelligence service.

Published 09 Feb, 2019 12:00am

Two Palestinian teens killed by Israeli fire

Two Palestinian teenagers were killed by Israeli fire on Friday during clashes along the Gaza border, the health ministry in the Hamas-run enclave said.

Published 09 Feb, 2019 12:00am

CPJ calls on held Jammu and Kashmir police to drop charges against journalist

The Committee to Protect Journalists calls on held Jammu and Kashmir police to immediately cease all legal proceedings against journalist Aasif Sultan and release him from jail after local news outlets reported that formal charges were filed against him t

Published 09 Feb, 2019 12:00am

5.9 magnitude quake hits Philippines

A 5.9 magnitude earthquake struck at sea off the southern Philippine coast late Friday, though there were no early reports of damage and the local seismology office said it expected none.

Published 09 Feb, 2019 12:00am

China denies 'ridiculous' spying allegations by Lithuania

China on Friday denied what it termed "ridiculous" allegations of spying levelled by Lithuania as the Baltic eurozone state joined other western nations in expressing concerns about Chinese telecoms giant Huawei.

Published 09 Feb, 2019 12:00am

15 killed in New Year knife rampage and arson attack in China

Fifteen people were killed in China on the night of the Lunar New Year in two family tragedies, after one man started a fire and another went on a knife rampage.

Published 09 Feb, 2019 12:00am

Long-serving US lawmaker John Dingell dies

John Dingell, an imposing and outspoken Democrat who became a powerful figure in Washington over the course of a record 59 years in Congress, has died at the age of 92.

Published 09 Feb, 2019 12:00am

French minister in Iraq warns 'work not over' in IS fight

France's defence minister warned Friday in Baghdad that "the work is not over" in the fight against the Islamic State group, despite the jihadists facing the loss of their last scrap of territory.

Published 09 Feb, 2019 12:00am

Europe not to be trusted: Iran leader

Iran's supreme leader Ayatollah Ali Khamenei said Friday that Europe "cannot be trusted", a week after the EU launched a trade mechanism to bypass US sanctions on Tehran.

Published 09 Feb, 2019 12:00am

Five killed in fire at camp for Boko Haram displaced

Five people were killed in a fire at a camp for those displaced by Boko Haram violence in northeast Nigeria, an eyewitness and a humanitarian source said on Friday.

Published 09 Feb, 2019 12:00am

Australian parliament computer network breached

Australia's parliament revealed Friday that its computer network had been compromised by an unspecified "security incident" and said an investigation was under way.

Published 09 Feb, 2019 12:00am

Kerb

Britain urges others to join Instagram's self-harm curbs

Britain on Friday urged all social media platforms to join Instagram and curb self-harm posts after a UK teen who went online to read about suicide took her own life.

Published 09 Feb, 2019 12:00am

Copper rally stalls as Trump revives trade war fears

Copper was set for a fifth week of gains on Friday but the rally faltered after US President Donald Trump said he did not plan to meet China's Xi Jinping before a March 1 deadline for the two countries to achieve a trade deal.

Published 09 Feb, 2019 12:00am

Latin American oil prices, flows to US jump

Latin American crude prices and flows to the United States have climbed this week as US refiners tap lesser-used grades and suppliers to replace Venezuelan oil lost due to US sanctions, according to trade sources and Refinitiv Eikon data.

Published 09 Feb, 2019 12:00am

Oil little changed, in line for weekly loss on slowdown fears

Oil futures were little changed on Friday, on track for losses on the week in renewed concerns about slowing global demand.

Published 09 Feb, 2019 12:00am

Tokyo rubber slips

Benchmark Tokyo rubber futures slipped on Friday, dragged down by weaker oil prices and equities, while investors adjusted positions ahead of a three-day weekend in Japan and before Chinese markets reopened on Monday after a week-long holiday.

Published 09 Feb, 2019 12:00am

Vegetable Oil

Palm oil retreats from seven-month highs

Malaysian palm oil futures fell more than 1 percent on Friday, retreating from the previous session's seven-month high, hindered by a stronger ringgit and losses in US soyaoil on the Chicago Board of Trade.

Published 09 Feb, 2019 12:00am

Currency

Arabica coffee erases February gains; cocoa, sugar down

Arabica coffee futures on ICE fell on Friday, pressured by a weaker currency in top grower Brazil and improving weather conditions in the country, while cocoa and sugar also fell.

Published 09 Feb, 2019 12:00am

Gold climbs in New York

Gold prices rose on Thursday on concerns that the US-China trade war may stretch beyond a March 1 deal deadline and the potential effect it could have on global growth, although gains were capped by a strengthening US dollar.

Published 09 Feb, 2019 12:00am

Gold steadies in Asia

Gold held steady on Friday on worries that a prolonged Sino-US trade war could worsen global economic slowdown, but a strong dollar put bullion on track for its first weekly loss in three.

Published 09 Feb, 2019 12:00am

Gold rises in Europe

Gold rose on Friday as a gloomy global economic outlook dented risk appetite, but a firm dollar stemmed bullion's advance and kept the metal on track for its first weekly decline in three.

Published 09 Feb, 2019 12:00am

US MIDDAY: soya dips

US soyabean futures drifted lower on Friday and were on pace for a second straight weekly decline after the US Department of Agriculture (USDA) projected record large US soya stocks amid a still-unresolved trade dispute with top importer China.

Published 09 Feb, 2019 12:00am

US MIDDAY: gold gains

Gold rose on Friday as a gloomy global economic outlook dented risk appetite, but a firm dollar stemmed bullion's advance and kept the metal on track for its first weekly decline in three.

Published 09 Feb, 2019 12:00am

Pakistan full of business opportunities, says Uber VP

Vice President and Uber Regional General Manager of Europe, Middle East and Africa Pierre-Dimitri Gore-Coty has said that they are growing rapidly and see Pakistan as a country full of opportunities where ride-sharing has just scratched the surface, as bo

Published 09 Feb, 2019 12:00am

Punjab cabinet rejects hike in water charges

The Punjab Cabinet, which met here on Friday, rejected the proposal of increasing water charges (abiana) and decided to constitute dispute resolution committees at the district level under Police Order to help solve disputes at the grassroots. However, th

Published 09 Feb, 2019 12:00am

Murad accuses Nawaz, Ahsan of causing losses to the tune of Rs 70 billion

Federal Communication Minister Murad Saeed on Friday alleged that former prime minister Nawaz Sharif and former minister for Planning and Development Ahsan Iqbal have caused a loss of Rs 60-70 billion to the national exchequer in Multan-Sukkur Motorway pr

Published 09 Feb, 2019 12:00am

PRCS, JSMU sign MoU

The inadequate health care infrastructure, lack of trained professionals and costly diagnostic services in Sindh area source of prevailing health crisis in Sindh. In order to address these, Pakistan Red Crescent Sindh and Jinnah Sindh Medical University h

Published 09 Feb, 2019 12:00am

Shamshad Akhtar appointed chairperson Karandaaz Pakistan

Karandaaz Pakistan is pleased to announce the appointment of Dr Shamshad Akhtar as its new chairperson Board of Directors. Dr Shamshad Akhtar replaces Dr Ishrat Husain, who served as the Chairman of Karandaaz Board since the time of its inception in 2014.

Published 09 Feb, 2019 12:00am

Alvi dubs PMCA country's cultural face

President Dr Arif Alvi has said that Pakistan National Council of the Arts (PNCA) is the cultural face of Pakistan representing all the cultural activities within and outside Pakistan. The President said this during a briefing by PNCA regarding the activi

Published 09 Feb, 2019 12:00am

Gas supplies issues: Industrial, CNG bodies meet SSGC management

Contingents of Karachi based industrial bodies and CNG associations of Sindh under the leadership of Zubair Motiwala and Abdul Sami Khan respectively, Friday met the management of SSGC at its head office to discuss the current scenario of gas supplies.

Published 09 Feb, 2019 12:00am

Shahbaz unacceptable as PAC chief, says Rashid

Setting an eight-day deadline for Shahbaz Sharif to resign as Chairman Public Accounts Committee, Federal Minister for Railways Sheikh Rashid Ahmed has said that he (Sharif) is unacceptable as Chairman PAC.

Published 09 Feb, 2019 12:00am

Pending ST refunds: PIAF chief urges FBR to release RPOs

Pakistan Industrial and Traders Associations Front (PIAF) Chairman Mian Nauman Kabir has urged the Federal Board of Revenue (FBR) to release Refund Payment Orders (RPOs) against pending sales tax refunds.

Published 09 Feb, 2019 12:00am

Partly Facetious: The yellow vest contagion

"In the first week of May 2017, Macron won the elections by a landslide defeating the far right candidate..."

Published 09 Feb, 2019 12:00am

APNS' condolence

The All Pakistan Newspapers Society (APNS) condoled the sad demise of Mian Muhammad Iqbal, father of Mian Jehangir Iqbal, Principal Information Officer Govt of Pakistan.

Published 09 Feb, 2019 12:00am

Centre urged to ensure gas supplies to Sindh

Chief Minister Sindh, Syed Murad Ali Shah on Friday demanded of the federal government to ensure gas supplies to Sindh, as residential consumers are the worst sufferers from the utility load shedding in winter.

Published 09 Feb, 2019 12:00am

LDA ex-chief engineer granted bail

An anti-corruption court on Friday granted post arrest bail to former chief engineer of the Lahore Development Authority Israr Saeed in a case of alleged misappropriation in LDA-City Housing Scheme.

Published 09 Feb, 2019 12:00am

Bill to create PPC submitted to NA: Fatyana

Member National Assembly Riaz Fatyana has said that Pakistan Psychological Council, which will be a regulatory body for betterment of psychological well-being of society, will be set up soon and bill has been moved in the National Assembly in this regard.

Published 09 Feb, 2019 12:00am

Flow of water in Chenab rises to 67,000 cusecs

Due to wide spread rains and snowfall in the upper catchments mountainous ranges of the rivers, the water flow in the river Chinab rose to 67,000 cusecs at Marala head works near Sialkot on Friday off setting much of the water shortage for Rabbi crops in

Published 09 Feb, 2019 12:00am

CCPO not happy with SHOs' performance

Capital City Police Officer (CCPO) Lahore Bashir Ahmed Nasir has expressed strong displeasure over the performance of Station House Officers (SHOs) and directed them to immediately launch an aggressive operation against habitual criminals, especially want

Published 09 Feb, 2019 12:00am

Benami Act rules: Notification not yet issued

The Federal Board of Revenue (FBR) has yet to notify the rules for implementation of Benami Act, empowering the government to confiscate all properties and bank accounts registered with fictitious persons. On February 4, the FBR had announced that Benami

Published 09 Feb, 2019 12:00am

PML-Q's Bao Rizwan takes oath as minister

After the resolution of differences between the Pakistan Muslim League-Q (PML-Q) and Pakistan Tehreek-e-Insaf (PTI), former MPA Bao Muhammad Rizwan from PP-128 Sialkot-IX took oath as the provincial minister at a ceremony held at Governor's House here on

Published 09 Feb, 2019 12:00am

PAD recovers 'fake' fertilizer

The Punjab Agriculture Department on Friday recovered fake fertilizer worth hundreds of thousands of rupees from an unregistered factory working near Saggian Bypass. The raiding team was led by Assistant Director Agriculture (Extension) Lahore Rao Muhamma

Published 09 Feb, 2019 12:00am

ABL holds seminar in Peshawar

As part of its Corporate Social Responsibility, ABL CRBG-North and RMG organized a seminar on "Transition from Family Owned structure to corporate structure" recently at Peshawar, which was chaired by Muhammad Kamran Shehzad (Ex-Deputy Governor, SBP). The

Published 09 Feb, 2019 12:00am

PFMA for exporting wheat products instead of wheat

The Pakistan Flour Mills Association (PFMA) Punjab has urged the government to export wheat products instead of directly exporting 500,000 tons of wheat. The Association said it is in favor of exporting the surplus commodities but as flour millers are sta

Published 09 Feb, 2019 12:00am

PSMA Punjab slams administration's 'indifferent' attitude

Pakistan Sugar Mills Association (PSMA) Punjab condemning the attitude of various districts' administration against the mills, has urged the chief minister Punjab to support the sugar industry in its time of distress instead of threatening them of sealing

Published 09 Feb, 2019 12:00am

ANF seizes drugs worth Rs 619.138 million

Committed for absolute eradication of drugs from society, Anti-Narcotics Force Pakistan seized 240.502 kg narcotics valuing Rs 619.138 million internationally, arrested 20 culprits and impounded six vehicles while conducting 18 counter-narcotic strikes. T

Published 09 Feb, 2019 12:00am

$1 billion ADB-funded tender for smart meters: Domestic metering industry feels threat to its business

The domestic metering industry is up in arms against the ministry of power division's move of floating $1 billion Asian Development Bank-funded tender for smart metering project, saying it will kill the local meter industry.

Published 09 Feb, 2019 12:00am

PTI government blamed for gas, water crises in Sindh

Advisor to Chief Minister Sindh on Information, Law & Anti-corruption Barrister Murtaza Wahab has held the federal government responsible for gas, water and electricity crises in the province of Sindh, adding the people of the province were being victimiz

Published 09 Feb, 2019 12:00am

KLF to begin on March 1

The Karachi Literature Festival (KLF) is all set to celebrate its milestone 10th edition this year from 1-3 March 2019, having 'The Focus is Tomorrow,' as the festival theme. Arshad Saeed Husain, Managing Director, Oxford University Press (OUP), shared de

Published 09 Feb, 2019 12:00am

Supplementary Bill 2019: Ray of hope for automotive sector

The automobile industry is one of the strongest pillar of the global economy and main driven force of macroeconomic growth, stability and advancement of technology in both developed and developing countries such as America, India, Japan and many others. T

Published 09 Feb, 2019 12:00am

Concern voiced over Sindh government's move to levy tax on subsoil water

In a Joint Statement Mian Muhammed Ahmed Patron In-chief & Founder President, Senior Vice President Iftikhar Ahmed; Vice President of BQATI Haider Amin and member BQATI Mian Zulfiqar Ahmed on Thursdayraised concern over the Government of Sindh move fixing

Published 09 Feb, 2019 12:00am

Engro Foundation announces recipients of IATC Impact Awards

Engro Foundation announced the recipients of 'I Am The Change' (IATC) Impact Awards for 20188-19 in a ceremony held here. In addition to the senior management of Engro, from the private, public, and the development sectors were also in attendance.

Published 09 Feb, 2019 12:00am

Conveners of two FPCCI bodies appointed

President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Engr Daroo Khan Achakzai has appointed Gulzar Firoz for the 4th term as convener FPCCI Standing Committee of Environment -2019. Gulzar Firoz has been dealing with environmental

Published 09 Feb, 2019 12:00am

Gas leakage claims lives of four members of a family

Four members of a family died, two others fell unconscious due to suffocation, in a gas leakage incident in Quetta on Friday. According to rescue sources, the awful incident took place in Quetta's area of Pashtunabad, where a father along with his three c

Published 09 Feb, 2019 12:00am

Bid to smuggle hormones injections foiled

Model Customs Collectorate (MCC), Preventive has foiled a bid to smuggle huge quantity of foreign origin hormones injections, which induce cows to produce more milk, at Karachi International Airport. According to details, credible information was received

Published 09 Feb, 2019 12:00am

Bayer to continue support healthcare, education initiatives in Pakistan

Upholding its CSR commitment, Bayer Pakistan has extended financial support to key education and health institutes for an adult women's literacy program and to improve access to quality healthcare for patients from under-served communities in the country.

Published 09 Feb, 2019 12:00am

PMA voices concern over chaotic condition prevailing in PMDC

Pakistan Medical Association (PMA) has expressed it concerned about the present situation of chaos and confusion in PMDC that has badly affected the working of PMDC. According to a press release issued here on Friday, a presidential ordinance was promulga

Published 09 Feb, 2019 12:00am

Laundering case transfer: SHC seeks NAB progress report by February 15

Sindh High Court (SHC) has directed the National Accountability Bureau (NAB) to submit progress report on transfer of money-laundering case to Islamabad by February 15, 2019. On the other hand, a Banking court has disposed of the NAB plea seeking to take

Published 09 Feb, 2019 12:00am

Fruit Logistica in Berlin: Pakistani companies getting encouraging response from foreign buyers

Pakistani companies, participated in the world's renowned exhibition "Fruit Logistica-2019 (Berlin)", are getting very encouraging response from foreign buyers and booked over $15 million foreign orders.

Published 09 Feb, 2019 12:00am

Bandits kill two persons near Quetta Town

Two persons lost their lives while resisting the armed robbers near Quetta Town on Superhighway on Friday. The area police said that two bandits riding a bike intercepted Amanullah and Wali Khan who were on way back to home after having withdrawn Rs 200,0

Published 09 Feb, 2019 12:00am

Sri Lankan Independence Day marked in Karachi

On the occasion of the 71st Independence Day of Sri Lanka, an special programme was organized here at a hotel. Sindh Minister for Energy Imtiaz Shaikh was the chief guest of this occasion while a large number of diplomats, businessmen, political leaders,

Published 09 Feb, 2019 12:00am

BankIslami introduces 'One Touch Banking'

With the growing prevalence of technologically advanced solutions in banking industry, BankIslami breaks through the industry with introduction of "One Touch Banking", which is a complete Biometric solution enables the customers to carry out all transacti

Published 09 Feb, 2019 12:00am

SHC restores 100 seats in Lyari's SBBMCL for admissions

Sindh High Court (SHC) on Friday issued order for restoration of 100 seats in Shaheed Benazir Bhutto Medical College, Lyari (SBBMCL) for admissions. It directed provincial government to ensure recruitment of required teaches and staff for SBBMCL within th

Published 09 Feb, 2019 12:00am

Sixth multinational maritime exercise 'AMAN 19' kicks off

Multinational Maritime Exercise AMAN 19 formally commenced on Friday at Pakistan Navy Dockyard, with a colorful flag hoisting ceremony. Ships of the participating navies, observers, foreign diplomats and a large number of Pakistan Navy personnel attended

Published 09 Feb, 2019 12:00am

CNG stations closed due to gas shortage

A significant number of CNG stations have been closed due to gas shortage or low gas pressure which is creating serious problem for public and private vehicles plying on gas. According to CNG Association, the CNG business has been suffering for the last t

Published 09 Feb, 2019 12:00am

PM to inaugurate plantation drive today

Prime Minister Imran Khan will inaugurate the fresh plantation drive "Plant for Pakistan" today (Saturday) by planting a sapling while a total of 150 million saplings are expected to be planted across the country during the campaign.

Published 09 Feb, 2019 12:00am

New recruitments: IHC tells ED to implement minority quota in government departments

The Islamabad High Court has issued directions to the Establishment Division to implement minority quota in new recruitments in government departments. A single bench of IHC comprising Chief Justice Athar Minallah issued these directions after conducting

Published 09 Feb, 2019 12:00am

Shah for probing PM in Aleem Khan's case

Pakistan Peoples Party (PPP) stalwart Syed Khurshid Shah has demanded to include Prime Minister Imran Khan in Aleem Khan's case. If the laundry bill of Bilawal can be investigated, why investigations cannot be extended to Imran Khan for getting sponsorshi

Published 09 Feb, 2019 12:00am

All set to start urgent polio vaccination drive in Bannu

After surface of polio case in union council Mirakhel of Bannu district of Khyber Pakhtunkhwa, which is the second polio case in Pakistan this year, the preparations have been made to initiate urgent polio vaccination campaign in Bannu and its surrounding

Published 09 Feb, 2019 12:00am

Bilawal warns against ulterior motives towards SLIC

Chairman Pakistan Peoples Party Bilawal Bhutto Zardari Friday slammed conspiracies of Pakistan Tehreek-e-Insaf (PTI) government against the State Life Insurance Corporation and its employees in a bid to eventually convert it into a private asset of some r

Published 09 Feb, 2019 12:00am

Pakistan to present concrete evidence against Kulbhushan at ICJ: Qureshi

Foreign Minister Shah Mehmood Qureshi on Thursday said Pakistan will present a strong case against Indian spy Kulbhushan Jadhav at the International Court of Justice (ICJ) at a hearing scheduled for later this month.

Published 09 Feb, 2019 12:00am

Currency

BRT project: KP government agrees to form parliamentary panel

The provincial government of Khyber Pakhtunkhwa Friday agreed to form a parliamentary committee to look into the concerns of opposition regarding design, feasibility, contractor and cost of multi-billion Bus Rapid Transit (BRT) project.

Published 09 Feb, 2019 12:00am

Mechanism for Zaireens' visits to holy places on the cards

The Ministry of Religious Affairs is planning to develop a concrete mechanism for regulating the visits of Zaireen (Shia pilgrims) to the holy places on the pattern of Hajj pilgrims in order to resolve their problems on permanent basis.

Published 09 Feb, 2019 12:00am

Balochistan CM at Davos

It is indeed a matter of immense satisfaction from any Pakistani's perspective that Balochistan chief minister Jam Kamal was at Davos where he helped remove certain global misperceptions about his province. According to Business Recorder op-ed writ

Published 09 Feb, 2019 12:00am

To guide or not to guide? Fed 'dots' complicate message

US central bankers say clear communication is important, with economic research showing that if the public understands what the Federal Reserve is doing, monetary policy works better and the economy does better.

Published 09 Feb, 2019 12:00am

Currency

Taxes: who actually pays

Let's kill the suspense immediately. Essentially, as evidenced from IMF's intervention in every country they have historically "assisted", even they, the IMF, believe that higher taxes on higher income groups is harmful for growth and hence have supported

Published 09 Feb, 2019 12:00am

Perception matters

Overseas Investors Chamber of Commerce and Industry (OICCI) has published the results of its latest 'Business Confidence Index (BCI) Survey - Wave 17', conducted in December 2018.

Published 09 Feb, 2019 12:00am

Detention of a minister

Since it is the first time ever in this country for a ruling party leader to face accountability while in office, the arrest of Punjab government's senior minister Aleem Khan has generated a lot of general interest. The main political players, however, ar

Updated 11 Mar, 2019 07:51am

It's time to revisit and revise SEZ law

The Economic Coordination Committee (ECC) under the chairmanship of Finance Minister Asad Umar has decided to reduce the time for approval of special economic zones (SEZs) applications from 90 days to 45 days. Additionally, changes in the SEZ Act to make

Updated 11 Mar, 2019 07:51am

Thai King lambastes 'highly inappropriate' move to make princess PM

Thailand's powerful King Maha Vajiralongkorn late Friday described an unprecedented move to make his older sister Princess Ubolratana prime minister as "highly inappropriate" and against "royal traditions". Ubolratana, 67, the older sister of Vajiralongko

Published 09 Feb, 2019 12:00am

Thai King lambastes 'highly inappropriate' move to make princess PM

Thailand's powerful King Maha Vajiralongkorn late Friday described an unprecedented move to make his older sister Princess Ubolratana prime minister as "highly inappropriate" and against "royal traditions". Ubolratana, 67, the older sister of Vajiralongko

Published 09 Feb, 2019 12:00am

Sanjrani for expediting work on CPEC projects

Work on different mega projects being executed under the China-Pakistan Economic Corridor (CPEC) should be expedited so as the people could reap the fruits of development at the earliest. This was stated by Senate Chairman Sadiq Sanjrani during a meeting

Published 09 Feb, 2019 12:00am

Sanjrani for expediting work on CPEC projects

Work on different mega projects being executed under the China-Pakistan Economic Corridor (CPEC) should be expedited so as the people could reap the fruits of development at the earliest. This was stated by Senate Chairman Sadiq Sanjrani during a meeting

Published 09 Feb, 2019 12:00am

Sanjrani for expediting work on CPEC projects

Work on different mega projects being executed under the China-Pakistan Economic Corridor (CPEC) should be expedited so as the people could reap the fruits of development at the earliest. This was stated by Senate Chairman Sadiq Sanjrani during a meeting

Published 09 Feb, 2019 12:00am

CPEC projects: Chinese diplomat expresses satisfaction over pace of work

A top Chinese diplomat Friday expressed satisfaction over the progress made on projects under the China-Pakistan Economic Corridor (CPEC), saying that a number of projects are set to be completed in the next few months. Speaking at a seminar on ''Belt and

Published 09 Feb, 2019 12:00am

CPEC projects: Chinese diplomat expresses satisfaction over pace of work

A top Chinese diplomat Friday expressed satisfaction over the progress made on projects under the China-Pakistan Economic Corridor (CPEC), saying that a number of projects are set to be completed in the next few months. Speaking at a seminar on 'Belt and

Published 09 Feb, 2019 12:00am

CPEC projects: Chinese diplomat expresses satisfaction over pace of work

A top Chinese diplomat Friday expressed satisfaction over the progress made on projects under the China-Pakistan Economic Corridor (CPEC), saying that a number of projects are set to be completed in the next few months. Speaking at a seminar on 'Belt and

Published 09 Feb, 2019 12:00am

2013 UP riots: India court hands seven Muslim men life sentences

An Indian court on Friday sentenced seven Muslim men to life in prison for the murder of two Hindu men in 2013 in the northern state of Uttar Pradesh, an incident that had sparked religious riots killing about 65 people and displacing thousands.

Published 09 Feb, 2019 12:00am

2013 UP riots: India court hands seven Muslim men life sentences

An Indian court on Friday sentenced seven Muslim men to life in prison for the murder of two Hindu men in 2013 in the northern state of Uttar Pradesh, an incident that had sparked religious riots killing about 65 people and displacing thousands.

Published 09 Feb, 2019 12:00am

Banks directed to promote PBCs

The State Bank of Pakistan (SBP) has asked banks for promotion of, Pakistan Banao Certificates (PBCs) launched by the Government of Pakistan on January 31, 2019. In this connection, to create awareness among investors and promote investment in these certi

Published 09 Feb, 2019 12:00am

Banks directed to promote PBCs

The State Bank of Pakistan (SBP) has asked banks for promotion of, Pakistan Banao Certificates (PBCs) launched by the Government of Pakistan on January 31, 2019. In this connection, to create awareness among investors and promote investment in these certi

Published 09 Feb, 2019 12:00am

Banks directed to promote PBCs

The State Bank of Pakistan (SBP) has asked banks for promotion of, Pakistan Banao Certificates (PBCs) launched by the Government of Pakistan on January 31, 2019. In this connection, to create awareness among investors and promote investment in these certi

Published 09 Feb, 2019 12:00am

US considers withdrawal of zero tariffs for India

India could lose a vital US trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a widening dispute over its trade and investment policies, people with close knowledge of the matter said. A move to wit

Published 09 Feb, 2019 12:00am

US considers withdrawal of zero tariffs for India

India could lose a vital US trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a widening dispute over its trade and investment policies, people with close knowledge of the matter said. A move to wit

Published 09 Feb, 2019 12:00am

US considers withdrawal of zero tariffs for India

India could lose a vital US trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a widening dispute over its trade and investment policies, people with close knowledge of the matter said. A move to wit

Published 09 Feb, 2019 12:00am

Brazil mourns after football training facility fire kills 10

Brazilian football was in mourning on Friday after 10 people died when a fire ripped through a youth training facility at the country''s most popular club, Flamengo, authorities said. The pre-dawn blaze in Rio de Janeiro hit a building that housed players

Published 09 Feb, 2019 12:00am

Brazil mourns after football training facility fire kills 10

Brazilian football was in mourning on Friday after 10 people died when a fire ripped through a youth training facility at the country's most popular club, Flamengo, authorities said. The pre-dawn blaze in Rio de Janeiro hit a building that housed players

Published 09 Feb, 2019 12:00am

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

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

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

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

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

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

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