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Print - 2019-04-01
Slight decrease witnessed in prices of essential items

Slight decrease witnessed in prices of essential items

A slight decrease in prices of essential food items was witnessed in retail market, said a survey carried out by Business Recorder here on Sunday. Prices of important kitchen items like pulses, sugar, vegetable, chicken meat fall from Rs 10 to 20 p
Published 01 Apr, 2019 12:00am
Government to unveil special package for trade and industry: Qaiser

Government to unveil special package for trade and industry: Qaiser

Speaker, National Assembly Asad Qaiser has said that a special package is being introduced for development of trade & industry, agriculture, youth and women in the upcoming national budget. He was addressing the inaugural ceremony of the construction of S
Published 01 Apr, 2019 12:00am
White House defends aid cuts to Central America

White House defends aid cuts to Central America

The White House on Sunday defended President Donald Trump's decision to cut off aid to three small Central American countries, insisting they weren't doing enough to stop the flow of migrants to the United States.
Published 01 Apr, 2019 12:00am
Biden bids to quell storm over campaign trail kiss

Biden bids to quell storm over campaign trail kiss

Former vice president Joe Biden insisted Sunday he has never acted inappropriately towards women as a growing row about a kiss on the campaign trail cast a shadow over his expected run for the White House. The 76-year-old Biden is the clear favourite to w
Published 01 Apr, 2019 12:00am
Israel reopens Gaza crossings closed for days

Israel reopens Gaza crossings closed for days

Israel reopened its crossings with the blockaded Gaza Strip on Sunday after having kept them closed for nearly a week following a rare long-distance rocket strike from the Palestinian enclave, an official said. The Erez crossing for people and the Kerem S
Published 01 Apr, 2019 12:00am
UN chief wants democratic transition in Algeria

UN chief wants democratic transition in Algeria

The UN Secretary-General said on Sunday he welcomed efforts towards a peaceful and democratic transition in Algeria, where weeks of protests have pushed for President Abdelaziz Bouteflika to go. Addressing an Arab League summit in Tunis, Antonio Guterres
Published 01 Apr, 2019 12:00am
Thai demonstrators protest alleged cheating in election

Thai demonstrators protest alleged cheating in election

Thai demonstrators on Sunday protested against alleged cheating in the junta-ruled kingdom's first election since a 2014 coup, a week after the controversial poll sowed confusion over the ballot results. A military-backed party and its main rival tied to
Published 01 Apr, 2019 12:00am
Seven killed in blast at electronics factory in east China

Seven killed in blast at electronics factory in east China

An explosion at a electronics component manufacturer in east China on Sunday killed seven and injured five others, local authorities said. The blast happened when a container for storing scrap metal burst into flames outside a factory in an export process
Published 01 Apr, 2019 12:00am
Investigator says Amazon chief's phone hacked by Saudis

Investigator says Amazon chief's phone hacked by Saudis

The investigator hired to look into the release of intimate images of Jeff Bezos said Saturday he has concluded that Saudi Arabian authorities hacked the Amazon chief's phone to access his personal data. Gavin de Becker linked the hack to extensive covera
Published 01 Apr, 2019 12:00am
Taiwan blasts China for 'reckless' fighter jet incursion

Taiwan blasts China for 'reckless' fighter jet incursion

Taipei hit out at China on Sunday for what it said was a "reckless and provocative" incursion by two fighter jets across a largely respected line dividing the two sides in the Taiwan Strait. The Defence Ministry said Taiwan scrambled its own aircraft on S
Published 01 Apr, 2019 12:00am
May risks 'total collapse' of government in Brexit impasse

May risks 'total collapse' of government in Brexit impasse

British Prime Minister Theresa May risks the "total collapse" of her government if she fails to get her battered Brexit deal through parliament, the Sunday Times newspaper said, amid growing speculation that she might call an early election.
Published 01 Apr, 2019 12:00am
Meghan to shun London hospital famed for royal births

Meghan to shun London hospital famed for royal births

Meghan Markle has broken a four-decade tradition by shunning the London hospital where many royal babies, including her husband Britain's Prince Harry, were born, The Sun newspaper reported. Meghan and Harry, who married last year, are expecting their fir
Published 01 Apr, 2019 12:00am
Bangladesh arrests owners of blaze-hit Dhaka tower

Bangladesh arrests owners of blaze-hit Dhaka tower

Police in Bangladesh said Sunday they had arrested the owners of an office tower in Dhaka that caught fire earlier this week, killing 26 people and renewing the country's debate over lax safety standards. The latest deadly blaze to hit Bangladesh's conges
Published 01 Apr, 2019 12:00am
Australia whitewash Pakistan 5-0 despite Haris hundred

Australia whitewash Pakistan 5-0 despite Haris hundred

World champions Australia completed a 5-0 whitewash over Pakistan with a clinical 20-run win in the fifth and final one-day international despite a brilliant hundred from Haris Sohail in Dubai on Sunday.
Published 01 Apr, 2019 12:00am
Chelsea ride their luck to rescue Sarri with Cardiff escape

Chelsea ride their luck to rescue Sarri with Cardiff escape

Maurizio Sarri rode his luck as Chelsea narrowly avoided humiliation at Cardiff to hit back and snatch a controversial 2-1 win on Sunday. Blues boss Sarri was on the brink of a loss that would have pushed him closer to the sack after Victor Camarasa swept
Published 01 Apr, 2019 12:00am
Liverpool back on top

Liverpool back on top

Liverpool moved back top of the Premier League in dramatic fashion as Toby Alderweireld's last minute own goal beat Tottenham 2-1 at Anfield on Sunday. Jurgen Klopp's side move two points clear of Manchester City once more at the top of the table, but sti
Published 01 Apr, 2019 12:00am
New Diamond League won't disadvantage African athletes: IAAF

New Diamond League won't disadvantage African athletes: IAAF

African athletes will not lose competition opportunities despite the introduction of a trimmer Diamond League format next year, the sport's world governing body (IAAF) said on Sunday. Diamond League meetings will be reduced from 14 to 12 competitions plus
Published 01 Apr, 2019 12:00am
'Rumble In Karachi' wrestling event to begin on April 28

'Rumble In Karachi' wrestling event to begin on April 28

Pro Wrestling Federation Pakistan (PWFP) is all set to host an exhilarating "Rumble In Pakistan" wrestling event in Karachi to be held on April 28, 2019 at Dreamworld Resort. Speaking at a press conference held at Dreamworld resort here on Sunday, Faraz G
Published 01 Apr, 2019 12:00am
Sri Lanka Test captain arrested after traffic accident

Sri Lanka Test captain arrested after traffic accident

Sri Lankan Test cricket captain Dimuth Karunaratne has been arrested and charged with driving under the influence of alcohol after an accident in the capital, police said Sunday. Karunaratne, 30, was taken into custody following the pre-dawn accident that
Published 01 Apr, 2019 12:00am
Federer wins Miami final for 101st title

Federer wins Miami final for 101st title

Roger Federer lifted the 101st title of his remarkable career on Sunday, beating ATP Miami Open defending champion John Isner 6-1, 6-4 in just 63 minutes. Federer has been the form player in South Florida and his performance against big-serving Isner prov
Published 01 Apr, 2019 12:00am
New Zealand postpone U-19 tour to Bangladesh

New Zealand postpone U-19 tour to Bangladesh

Grief-stricken New Zealand have postponed a tour of their youth cricket team to Bangladesh, saying they were still in a "state of shock" following the Christchurch mosque attacks earlier this month, an official said on Sunday. The New Zealand Under-19 cri
Published 01 Apr, 2019 12:00am
Australian bowlers deny 'false' Warner Test boycott reports

Australian bowlers deny 'false' Warner Test boycott reports

Australia's top bowlers Sunday lashed out at "false" and "inflammatory" claims they were planning a Test boycott if David Warner had not been kicked off the team in the wake of the ball-tampering scandal. Warner was widely seen as the instigator of the pl
Published 01 Apr, 2019 12:00am
Kohat off to flying start in KP Inter-Divisional Basketball

Kohat off to flying start in KP Inter-Divisional Basketball

Spirited Kohat recorded a thumping victory in the opening match of the Khyber Pakhtunkhwa Inter-Divisional Basketball Championship, which got under way here at Qayyum Sports Complex on Sunday. Director General Sports KP Junaid Khan was the chief guest on
Published 01 Apr, 2019 12:00am
Wall Street week ahead

Wall Street week ahead

Wall Street will be watching next week's economic data with a laser focus after a dismal February jobs report and recessionary warning signals from US Treasury yields. After the longest US government shutdown on record, bad weather and a late 2018 equitie
Published 01 Apr, 2019 12:00am
Nexi draws strong demand on first day of IPO

Nexi draws strong demand on first day of IPO

Italian payments group Nexi's initial share sale drew strong investor demand on its first day, with bookrunners saying orders exceeded the amount on offer in what is likely to be one of Europe's biggest listings this year.
Published 01 Apr, 2019 12:00am
Nexi draws strong demand on first day of IPO

Nexi draws strong demand on first day of IPO

Italian payments group Nexi's initial share sale drew strong investor demand on its first day, with bookrunners saying orders exceeded the amount on offer in what is likely to be one of Europe's biggest listings this year.
Published 01 Apr, 2019 12:00am
Emerging market debt sales shrink
Currency

Emerging market debt sales shrink

Bond sales by emerging market borrowers dipped 15 percent in the first three months of 2019 from the same year-ago period and the outlook for the coming months is clouded by choppy markets, global recession fears and another financial crisis in Turkey.
Published 01 Apr, 2019 12:00am
Emerging market debt sales shrink
Currency

Emerging market debt sales shrink

Bond sales by emerging market borrowers dipped 15 percent in the first three months of 2019 from the same year-ago period and the outlook for the coming months is clouded by choppy markets, global recession fears and another financial crisis in Turkey.
Published 01 Apr, 2019 12:00am
Yuan's outlook buoyed by growing hopes for trade deal
Currency

Yuan's outlook buoyed by growing hopes for trade deal

China's yuan will trade around current rates in the coming months as the authorities keep a tight leash on the partly-managed currency, according to a Reuters poll of currency analysts who upgraded their forecasts from last month.
Published 01 Apr, 2019 12:00am
Speculators cut bearish Eurodollar bets to lowest since July 2016

Speculators cut bearish Eurodollar bets to lowest since July 2016

Speculators scaled back their bearish bets on Eurodollar futures to the lowest levels since July 2016 on expectations the Federal Reserve might lower short-term interest rates to counter a slowing economy, US data released on Friday showed.
Published 01 Apr, 2019 12:00am
Abu Dhabi index slips further, banks support Saudi market

Abu Dhabi index slips further, banks support Saudi market

Stock markets in the Gulf were mixed on Sunday with Abu Dhabi experiencing losses after some shares traded ex-dividend last week, while the Saudi market was lifted by the banking sector. The Saudi index added 0.4 percent, with Al Rajhi Banking & Investmen
Published 01 Apr, 2019 12:00am
UK regulator to permanently ban binary options from April 2
Currency

UK regulator to permanently ban binary options from April 2

Britain's financial watchdog said it will permanently ban the sale of complex derivative products to retail customers from Tuesday to protect them from large and unexpected trading losses. The Financial Conduct Authority's (FCA) permanent ban on the sale
Published 01 Apr, 2019 12:00am
Euro sovereign bond rush may be more warning than win

Euro sovereign bond rush may be more warning than win

This year's storming demand for new eurozone government bonds may reflect investor resignation to the prospect of many years of slow growth to come rather than a vote of confidence in the bloc's economy. The European Central Bank appeared to confirm those
Published 01 Apr, 2019 12:00am
Euro sovereign bond rush may be more warning than win

Euro sovereign bond rush may be more warning than win

This year's storming demand for new eurozone government bonds may reflect investor resignation to the prospect of many years of slow growth to come rather than a vote of confidence in the bloc's economy. The European Central Bank appeared to confirm those
Published 01 Apr, 2019 12:00am
Aquis Exchange says Brexit clash could damage stock market

Aquis Exchange says Brexit clash could damage stock market

The hardline stance by European Union regulators on share trading could split markets and damage prices for investors if there is a no-deal Brexit next week, a top exchanges industry official said on Wednesday. The European Securities and Markets Authorit
Published 01 Apr, 2019 12:00am
Saudi economy expands in Q4 on boost from crude; non-oil growth slows

Saudi economy expands in Q4 on boost from crude; non-oil growth slows

Saudi Arabia's economy grew in the fourth quarter of last year at its fastest rate since early 2016 due to an expansion in the oil sector, while non-oil growth was sluggish, statistics agency data showed on Sunday. Fourth-quarter gross domestic product gr
Published 01 Apr, 2019 12:00am
Egypt holds price of 95-octane petrol

Egypt holds price of 95-octane petrol

Egypt will keep 95-octane petrol at 7.75 Egyptian pounds ($0.4485) per litre through the second quarter of 2019 as it links the cost to international fuel prices for the first time, the petroleum ministry said in a statement. Egypt had committed to the in
Published 01 Apr, 2019 12:00am
ECB's hawkish Knot makes dovish sounds on rates long-term
Currency

ECB's hawkish Knot makes dovish sounds on rates long-term

Dutch central bank Governor Klaas Knot expects the euro zone economy to recover speed in the second half after a sluggish start to the year, but in an interview with Handelsblatt the noted hawk was distinctly dovish on long-term interest rates.
Published 01 Apr, 2019 12:00am
Trump's move to lift offshore drilling bans 'illegal': judge

Trump's move to lift offshore drilling bans 'illegal': judge

President Donald Trump's move to lift bans on drilling for oil and gas in offshore Arctic and Atlantic areas is illegal, a US judge has ruled. Trump's effort to open more areas to drilling "is unlawful, as it exceeds the president's authority," Judge Shar
Published 01 Apr, 2019 12:00am
Italian economy to stagnate this year: economy minister

Italian economy to stagnate this year: economy minister

Italy is headed for zero economic growth in 2019, Economy Minister Giovanni Tria said Sunday, while brushing off possible changes to the government's budget. "We face a widespread slowdown in growth across Europe, and in Italy we are headed for zero" grow
Published 01 Apr, 2019 12:00am
Fed policymakers do not want rate cuts, not even the doves

Fed policymakers do not want rate cuts, not even the doves

Barely a week after the US Federal Reserve called a halt to interest rate hikes, policymakers are now battling a view growing in financial markets, and embraced by the Trump administration, that the Fed will need to cut rates before long. Larry Kudlow, Pr
Published 01 Apr, 2019 12:00am
UAE economy rebounds in 2018, but more slowly than expected

UAE economy rebounds in 2018, but more slowly than expected

The United Arab Emirates' economy grew by around 1.7 percent in 2018, slower than projected despite a boost from higher oil prices, official preliminary data showed. The UAE growth figures follow Dubai's disclosure last week that its economy grew by 1.94
Published 01 Apr, 2019 12:00am
Japan's banks can't blame BoJ for their problems, says new head of lobby

Japan's banks can't blame BoJ for their problems, says new head of lobby

Japanese lenders should not blame the Bank of Japan's ultra-loose monetary policy for their inability to boost trading revenue or for poor returns borne of lax risk management, the newly appointed head of the country's banking lobby said. Makoto Takashima
Published 01 Apr, 2019 12:00am
Banks cut CLO forecasts as spreads hit two-year high
Libor

Banks cut CLO forecasts as spreads hit two-year high

Banks are cutting Collateralized Loan Obligation (CLO) issuance forecasts after spreads on the most senior tranches of the funds hit a more than two-year high, challenging the creation of new deals. Barclays last week cut its forecast for US CLO refinanci
Published 01 Apr, 2019 12:00am
Nippon Steel to bolster overseas business, focus on India

Nippon Steel to bolster overseas business, focus on India

Japan's Nippon Steel Corp, is set to bolster overseas operations, especially in fast-growing India, to bypass growing nationalism and capitalize on growth abroad as it faces shrinking demand at home. "India is the fastest-growing market in the world and o
Published 01 Apr, 2019 12:00am
Ford to leave Russian car market, cede control in joint venture

Ford to leave Russian car market, cede control in joint venture

Ford Motor Co's Russian joint venture Ford Sollers will close two assembly plants and an engine factory in Russia, exiting the country's passenger vehicle market, resulting in charges of about $450 million to $500 million. The move is part of a restructur
Published 01 Apr, 2019 12:00am
ICBC posts flat quarterly profit as economy slows

ICBC posts flat quarterly profit as economy slows

Industrial and Commercial Bank of China Ltd (ICBC) said its net profit for the three months to December remained flat from a year ago, the first time it has seen no growth for any quarter since 2016, amid a slowing economy. The country's biggest commercia
Published 01 Apr, 2019 12:00am
ICBC posts flat quarterly profit as economy slows

ICBC posts flat quarterly profit as economy slows

Industrial and Commercial Bank of China Ltd (ICBC) said its net profit for the three months to December remained flat from a year ago, the first time it has seen no growth for any quarter since 2016, amid a slowing economy. The country's biggest commercia
Published 01 Apr, 2019 12:00am
H&M beats profit forecasts after curbing discounts

H&M beats profit forecasts after curbing discounts

Swedish fashion retailer H&M reported a much smaller than expected fall in first-quarter pretax profit on Friday as it sold more products at full price and saw an improvement in margins. Shares in the world's biggest apparel retailer after Zara-owner Indi
Published 01 Apr, 2019 12:00am
H&M beats profit forecasts after curbing discounts

H&M beats profit forecasts after curbing discounts

Swedish fashion retailer H&M reported a much smaller than expected fall in first-quarter pretax profit on Friday as it sold more products at full price and saw an improvement in margins. Shares in the world's biggest apparel retailer after Zara-owner Indi
Published 01 Apr, 2019 12:00am
China Life 2018 profit plunges

China Life 2018 profit plunges

China Life Insurance Co reported a 64.7 percent drop in 2018 net profit on Wednesday, in line with its warning issued in January, due to a sharp decline in investment returns from weak stock markets. The country's second-biggest insurer by market value, s
Published 01 Apr, 2019 12:00am
China Life 2018 profit plunges

China Life 2018 profit plunges

China Life Insurance Co reported a 64.7 percent drop in 2018 net profit on Wednesday, in line with its warning issued in January, due to a sharp decline in investment returns from weak stock markets. The country's second-biggest insurer by market value, s
Published 01 Apr, 2019 12:00am
Commerzbank cuts management pay in contrast with Deutsche Bank

Commerzbank cuts management pay in contrast with Deutsche Bank

Commerzbank's chief executive's pay fell by 32 percent in 2018, in sharp contrast to hefty rises for top management at its potential merger partner Deutsche Bank. The disparity, revealed in Commerzbank's annual report on Wednesday, underscores a divide in
Published 01 Apr, 2019 12:00am
Sticking with growth plans SABIC to discuss synergies with Aramco

Sticking with growth plans SABIC to discuss synergies with Aramco

Saudi Basic Industries Corp's (SABIC) investment plans will not be affected by oil giant Aramco's purchase of a 70 percent stake in the company, its chief executive said on Friday, adding SABIC would look to integrate assets with Aramco to boost growth.
Published 01 Apr, 2019 12:00am
Germany's EnBW to spend $13.5 billion in networks, renewables push

Germany's EnBW to spend $13.5 billion in networks, renewables push

EnBW on Thursday unveiled a 12-billion euro ($13.5 billion) investment plan and said it was close to acquiring French renewable group Valeco, as the German utility continues its strategy of moving away from fossil fuels. The spending plan, covering the 20
Published 01 Apr, 2019 12:00am
Apple updates news app; set to enter video streaming

Apple updates news app; set to enter video streaming

Apple prepared to lift the curtain on Monday on a television and movie streaming service that will allow users of its 1.4 billion gadgets to stream television shows and movies, both Apple originals and those from other creators, in a first step to challen
Published 01 Apr, 2019 12:00am
Google signs deal with Cuba to boost internet services

Google signs deal with Cuba to boost internet services

US tech giant Google on March 28 signed a deal with Cuban operator ETECSA to explore ways of boosting internet service on the communist-run island, despite diplomatic tensions between Washington and Havana. The companies signed a memorandum of understandi
Published 01 Apr, 2019 12:00am
Google's global council to advice on AI & tech ethics launched

Google's global council to advice on AI & tech ethics launched

Alphabet Inc's Google said on Tuesday it was launching a global advisory council to consider ethical issues around artificial intelligence and other emerging technologies. The council, which is slated to publish a report at the end of 2019, includes techn
Published 01 Apr, 2019 12:00am
Scientists discover how mosquitoes detect human sweat

Scientists discover how mosquitoes detect human sweat

Scientists have known for decades that mosquitoes are attracted to the lactic acid contained in human sweat, but in the era before advanced genetics, the precise mechanism had remained a mystery. Now, a team of researchers at Florida International Univers
Published 01 Apr, 2019 12:00am
Nearly wiped out measles on the rise again

Nearly wiped out measles on the rise again

After a New York county declared a state of emergency to prevent the spread of a measles outbreak, why is the once-eliminated disease on the rise again? Measles is an airborne infection causing fever, coughing and rashes that can be deadly in rare cases.
Published 01 Apr, 2019 12:00am
Ocean heat hits record high: UN

Ocean heat hits record high: UN

Ocean heat hit a record high in 2018, the United Nations said on Thursday, raising urgent new concerns about the threat global warming is posing to marine life. In its latest State of the Climate overview, the World Meteorological Organization (WMO) reaff
Published 01 Apr, 2019 12:00am
Women diagnosed years later than men for same diseases

Women diagnosed years later than men for same diseases

For a wide range of diseases, diagnosis comes later in life for women than for men, according to a large Danish study. Researchers don't know whether the later diagnoses are due to genetics, the environment, possible biases in the healthcare system - or s
Published 01 Apr, 2019 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (March 25 to 29, 2019).

Published 01 Apr, 2019 12:00am
The Weather

The Weather

The weather report on Sunday (March 31, 2019) and the forecast for Monday (April 01, 2019).

Published 01 Apr, 2019 12:00am
Suhail Mehmood to be new foreign secretary: Qureshi

Suhail Mehmood to be new foreign secretary: Qureshi

Foreign Minister Shah Mahmood Qureshi on Sunday said that Suhail Mehmood would be a foreign secretary after retirement of Tehmina Janjua.Talking to the media here, he appreciated the services of Foreign Secretary Tehmina Janjua and said she was a very com
Published 01 Apr, 2019 12:00am
Suhail Mehmood to be new foreign secretary: Qureshi

Suhail Mehmood to be new foreign secretary: Qureshi

Foreign Minister Shah Mahmood Qureshi on Sunday said that Suhail Mehmood would be a foreign secretary after retirement of Tehmina Janjua.Talking to the media here, he appreciated the services of Foreign Secretary Tehmina Janjua and said she was a very com
Published 01 Apr, 2019 12:00am
THE RUPEE: rates dip
Currency

THE RUPEE: rates dip

The rupee slid sharply against the dollar on the money market during the week, ended on Mar 30, 2019. The rupee dropped by 50 paisas in terms of the dollar for buying and selling at Rs 140.78 and Rs 140.80.
Published 01 Apr, 2019 12:00am
THE RUPEE: rates dip
Currency

THE RUPEE: rates dip

The rupee slid sharply against the dollar on the money market during the week, ended on Mar 30, 2019. The rupee dropped by 50 paisas in terms of the dollar for buying and selling at Rs 140.78 and Rs 140.80.
Published 01 Apr, 2019 12:00am
Arab leaders condemn US decision on Golan

Arab leaders condemn US decision on Golan

Arab leaders, long divided by regional rivalries, condemned on Sunday a U.S. decision to recognise Israel's sovereignty over the Golan Heights and said Middle East stability depended on creating an Palestinian state. Arab leaders, gathering at summit in T
Published 01 Apr, 2019 12:00am
Arab leaders condemn US decision on Golan

Arab leaders condemn US decision on Golan

Arab leaders, long divided by regional rivalries, condemned on Sunday a U.S. decision to recognise Israel's sovereignty over the Golan Heights and said Middle East stability depended on creating an Palestinian state. Arab leaders, gathering at summit in T
Published 01 Apr, 2019 12:00am
Petrol, HSD prices raised by Rs 6 per litre

Petrol, HSD prices raised by Rs 6 per litre

The federal government on Sunday increased the prices of petroleum, oil and lubricants, with petrol price soared by Rs 6 per litre. The new price of petrol will now be Rs 98.89 per litre. The price of high speed diesel was also increased by Rs 6 per litre
Published 01 Apr, 2019 12:00am
Petrol, HSD prices raised by Rs 6 per litre

Petrol, HSD prices raised by Rs 6 per litre

The federal government on Sunday increased the prices of petroleum, oil and lubricants, with petrol price soared by Rs 6 per litre. The new price of petrol will now be Rs 98.89 per litre. The price of high speed diesel was also increased by Rs 6 per litre
Published 01 Apr, 2019 12:00am
Petrol, HSD prices raised by Rs 6 per litre

Petrol, HSD prices raised by Rs 6 per litre

The federal government on Sunday increased the prices of petroleum, oil and lubricants, with petrol price soared by Rs 6 per litre. The new price of petrol will now be Rs 98.89 per litre. The price of high speed diesel was also increased by Rs 6 per litre
Published 01 Apr, 2019 12:00am
US vehicles, auto parts: China will continue to suspend extra tariffs

US vehicles, auto parts: China will continue to suspend extra tariffs

China's State Council said on Sunday that the country would continue to suspend additional tariffs on U.S. vehicles and auto parts after April 1, in a goodwill gesture following a U.S. decision to delay tariiff hikes on Chinese imports. In December, China
Published 01 Apr, 2019 12:00am
US vehicles, auto parts: China will continue to suspend extra tariffs

US vehicles, auto parts: China will continue to suspend extra tariffs

China's State Council said on Sunday that the country would continue to suspend additional tariffs on U.S. vehicles and auto parts after April 1, in a goodwill gesture following a U.S. decision to delay tariiff hikes on Chinese imports. In December, China
Published 01 Apr, 2019 12:00am
US vehicles, auto parts: China will continue to suspend extra tariffs

US vehicles, auto parts: China will continue to suspend extra tariffs

China''s State Council said on Sunday that the country would continue to suspend additional tariffs on U.S. vehicles and auto parts after April 1, in a goodwill gesture following a U.S. decision to delay tariiff hikes on Chinese imports. In December, Chin
Published 01 Apr, 2019 12:00am
Factory activity up after four-month slide

Factory activity up after four-month slide

China's manufacturing sector ended its four-month downward trend in March, official data showed Sunday, but exports continued their long slide in the wake of the Washington-Beijing trade war. The official Purchasing Managers' Index, a measure of factory a
Published 01 Apr, 2019 12:00am
Factory activity up after four-month slide

Factory activity up after four-month slide

China's manufacturing sector ended its four-month downward trend in March, official data showed Sunday, but exports continued their long slide in the wake of the Washington-Beijing trade war. The official Purchasing Managers' Index, a measure of factory a
Published 01 Apr, 2019 12:00am
Factory activity up after four-month slide

Factory activity up after four-month slide

China''s manufacturing sector ended its four-month downward trend in March, official data showed Sunday, but exports continued their long slide in the wake of the Washington-Beijing trade war. The official Purchasing Managers'' Index, a measure of factory
Published 01 Apr, 2019 12:00am
Income tax-related issues: five key firms of BQIP seek Umar's help

Income tax-related issues: five key firms of BQIP seek Umar's help

Five key companies established in Special Economic Zone (EPZ), Bin Qasim Industrial Park (BQIP) have sought Finance Minister's help to resolve income tax related issues. These companies have sent a joint Save Our Soul (SOS) letter to Asad Umar, a copy of
Published 01 Apr, 2019 12:00am
Income tax-related issues: five key firms of BQIP seek Umar's help

Income tax-related issues: five key firms of BQIP seek Umar's help

Five key companies established in Special Economic Zone (EPZ), Bin Qasim Industrial Park (BQIP) have sought Finance Minister's help to resolve income tax related issues. These companies have sent a joint Save Our Soul (SOS) letter to Asad Umar, a copy of
Published 01 Apr, 2019 12:00am
Income tax-related issues: five key firms of BQIP seek Umar''s help

Income tax-related issues: five key firms of BQIP seek Umar''s help

Five key companies established in Special Economic Zone (EPZ), Bin Qasim Industrial Park (BQIP) have sought Finance Minister''s help to resolve income tax related issues. These companies have sent a joint Save Our Soul (SOS) letter to Asad Umar, a copy of
Published 01 Apr, 2019 12:00am
Another Indian MiG-27 crashes near Jodhpur

Another Indian MiG-27 crashes near Jodhpur

Another Indian Air Force (IAF) MiG-27 jet has crashed in Jodhpur city in the Thar Desert of the northwest Indian state of Rajasthan. The pilot managed to eject safely, and the preliminary reports indicate no loss of property or life on the ground, accordi
Published 01 Apr, 2019 12:00am
Another Indian MiG-27 crashes near Jodhpur

Another Indian MiG-27 crashes near Jodhpur

Another Indian Air Force (IAF) MiG-27 jet has crashed in Jodhpur city in the Thar Desert of the northwest Indian state of Rajasthan. The pilot managed to eject safely, and the preliminary reports indicate no loss of property or life on the ground, accordi
Published 01 Apr, 2019 12:00am
Index remains positive

Index remains positive

Pakistan Stock Exchange witnessed positive trend during the outgoing week ended on March 29, 2019 on the back of selective buying in various sectors. BRIndex100 gained 6.28 points on week-on-week basis to close at 4,073.89 points. Average daily volumes st
Published 01 Apr, 2019 12:00am
Index remains positive

Index remains positive

Pakistan Stock Exchange witnessed positive trend during the outgoing week ended on March 29, 2019 on the back of selective buying in various sectors. BRIndex100 gained 6.28 points on week-on-week basis to close at 4,073.89 points. Average daily volumes st
Published 01 Apr, 2019 12:00am
Index remains positive

Index remains positive

Pakistan Stock Exchange witnessed positive trend during the outgoing week ended on March 29, 2019 on the back of selective buying in various sectors. BRIndex100 gained 6.28 points on week-on-week basis to close at 4,073.89 points. Average daily volumes st
Published 01 Apr, 2019 12:00am