News Archives for Print - 2019-04-22

The Weather

The weather report on Sunday (April 21, 2019) and the forecast for Monday (April 22, 2019).

Published 22 Apr, 2019 12:00am

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

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

Published 22 Apr, 2019 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (April 15 to 19, 2019).

Published 22 Apr, 2019 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 22 Apr, 2019 12:00am

Crawford stops Khan to retain WBO welterweight title

American Terence Crawford retained his WBO welterweight title Saturday, stopping Amir Khan in the sixth round when the Englishman was unable to continue because of an accidental low blow. Crawford, who was making the second defense of his title, had littl

Published 22 Apr, 2019 12:00am

France, Romania head for Fed Cup semi-final decider

Veteran Pauline Parmentier defeated a hobbling Irina-Camelia Begu 6-3, 2-6, 6-2 to pull France level at 2-2 in their Fed Cup semi-final with Romania on Sunday. The result sent the tie in the northern city of Rouen into a deciding doubles after world numbe

Published 22 Apr, 2019 12:00am

Mbappe's title, but PSG need to breathe new life into Qatari project

After being the star of France's 2018 World Cup triumph, Kylian Mbappe has been the standout player for Paris Saint-Germain in a Ligue 1 title-winning campaign that has been slightly marred by the manner in which they limped over the line. PSG finally wra

Published 22 Apr, 2019 12:00am

Fognini becomes first Italian champion in Monte Carlo in 51 years

Colourful Fabio Fognini defeated Dusan Lajovic 6-3, 6-4 to win the Monte Carlo Masters on Sunday, the first Italian to triumph at the clay court showpiece in over half a century. The 13th seed, based just 20 kilometres over the border in San Remo, followe

Published 22 Apr, 2019 12:00am

Shadab ruled out of England tour with illness

Pakistan all-rounder Shadab Khan faces a race against time to be fit for the Cricket World Cup after he was ruled out of the limited-overs series in England with an illness. The 20-year-old has played 34 one-day internationals for Pakistan and was include

Published 22 Apr, 2019 12:00am

Solskjaer sorry after 'unworthy' United slump to Everton defeat

Manchester United manager Ole Gunnar Solskjaer apologised to the club's supporters for an "unworthy" 4-0 loss away to Everton on Sunday that did fresh damage to their hopes of Champions League football next season. Goals from Richarlison, Gylfi Sigurdsson

Published 22 Apr, 2019 12:00am

FR Peshawar wins blind cricket title

Sub-Division Peshawar team clinched the trophy after defeating strong Khyber District Cricket Team in the Blind Cricket final part of the ongoing Tribal Games simultaneously being continued at different district across merger tribal districts under the ae

Published 22 Apr, 2019 12:00am

Van der Poel gives Dutch home Amstel Gold victory

Rising star Mathieu van der Poel sprinted to victory in the Amstel Gold on Sunday to give the Dutch a first victory in the sole cycling classic on their soil this century. "I still can't understand what's happened," said van der Poel after snatching away

Published 22 Apr, 2019 12:00am

Liverpool back on top with win at Cardiff

Liverpool continue to put the pressure on Manchester City as a hard-fought 2-0 win at relegation threatened Cardiff moved them back top of the Premier League on Sunday. Georginio Wijnaldum's opener just before the hour and James Milner's penalty secured a

Published 22 Apr, 2019 12:00am

Climate risk gets the right kind of oversight

Climate risk is getting the right kind of oversight. A group of 34 central banks and multilateral organizations, including monetary authorities from the United Kingdom, Germany and China, on Wednesday outlined plans to treat global warming as a threat to

Published 22 Apr, 2019 12:00am

Pleasant smells may curb cigarette cravings

Smokers may find cigarettes easier to resist when they smell things they enjoy like peppermint or chocolate, a small study suggests. Most adult smokers say they want to quit, and many try. But about half of smokers who attempt to stop smoking relapse with

Published 22 Apr, 2019 12:00am

Airborne plastic particles blanket remote mountains

A secluded mountain region thought to be free of plastic pollution is in fact blanketed by airborne microplastics on a scale comparable to a major city such as Paris, alarmed researchers reported Monday. Over a five-month period in 2017-2018, an average o

Published 22 Apr, 2019 12:00am

3D goggles may soon help surgeons see better

In a first, heart surgeons in Poland used 3D goggles to help them see inside a patient's chest as they opened up a narrowed heart valve, according to a report in the European Heart Journal. Although the imaging machines surgeons typically use to peer into

Published 22 Apr, 2019 12:00am

Samsung to inspect Galaxy Fold phones after reviewer complaints

Samsung announced Thursday it will inspect units of its highly anticipated folding smartphone after some reviewers reported screen damage. A handful of US-based reporters were given the flagship Galaxy Fold phones, priced at $1,980, ahead of the model's o

Published 22 Apr, 2019 12:00am

Facebook says it stored 'millions' of unencrypted Instagram passwords

"Millions" of Instagram users had their passwords stored in unencrypted form on internal servers, Facebook said April 19, raising its original estimate of tens of thousands. "We discovered additional logs of Instagram passwords being stored in a readable

Published 22 Apr, 2019 12:00am

US unveils plans to speed up 5G wireless deployment

US officials unveiled plans to accelerate deployment of 5G wireless networks, including new funding to bring the ultrafast systems to remote rural areas. At a White House event, the Federal Communications Commission announced new spectrum auctions for 5G

Published 22 Apr, 2019 12:00am

Solar power 'cow' helps children swap farming for classes

Children from poor families in sub-Saharan Africa have been able to swap cleaning up cowpats for lessons thanks to a solar power project that rewards parents for sending them to school. South Korean solar firm Yolk has designed a cow-shaped solar power st

Published 22 Apr, 2019 12:00am

VW says China to become global software development hub to autonomous tech

Volkswagen will use Chinese software developers to help design a global autonomous vehicle architecture thanks to the prevalence of qualified programmers which carmakers are struggling to hire elsewhere, senior executives said on Monday. As carmakers scra

Published 22 Apr, 2019 12:00am

Coming soon to China: the car of the future

Global automakers are positioning for a brave new world of on-demand transport that will require a car of the future - hyper-connected, autonomous, and shared - and China may become the concept's laboratory. With ride-hailing services booming and car-shar

Published 22 Apr, 2019 12:00am

Ericsson profit tops forecasts for fifth quarter

Ericsson posted a first-quarter profit on Wednesday that swept past forecasts due to strong growth in North America and cost cuts, spurring the telecom equipment maker to boost its full-year outlook for the global networks market.

Published 22 Apr, 2019 12:00am

Ericsson profit tops forecasts for fifth quarter

Ericsson posted a first-quarter profit on Wednesday that swept past forecasts due to strong growth in North America and cost cuts, spurring the telecom equipment maker to boost its full-year outlook for the global networks market.

Published 22 Apr, 2019 12:00am

Aramco in talks to buy stake in refining business of Reliance

State oil giant Saudi Aramco, the world's biggest oil producer, is in talks to buy a minority stake in the refining and petrochemicals businesses of India's Reliance Industries Ltd, sources familiar with the matter said on Wednesday.

Published 22 Apr, 2019 12:00am

TSMC books steepest quarterly profit drop in over seven years

TSMC, the world's largest contract chipmaker, posted on Thursday its steepest profit decline in over seven years in the first quarter of the year, amid fears about the impact that slowing electronics demand could have on its business.

Published 22 Apr, 2019 12:00am

TSMC books steepest quarterly profit drop in over seven years

TSMC, the world's largest contract chipmaker, posted on Thursday its steepest profit decline in over seven years in the first quarter of the year, amid fears about the impact that slowing electronics demand could have on its business.

Published 22 Apr, 2019 12:00am

Abbott Labs beats Q1 expectations

Abbott Laboratories Inc reported higher-than-expected first-quarter profit and sales on Wednesday on surging sales of its Freestyle Libre glucose monitoring device and as more of its heart devices were used in surgical procedures.

Published 22 Apr, 2019 12:00am

Abbott Labs beats Q1 expectations

Abbott Laboratories Inc reported higher-than-expected first-quarter profit and sales on Wednesday on surging sales of its Freestyle Libre glucose monitoring device and as more of its heart devices were used in surgical procedures.

Published 22 Apr, 2019 12:00am

Credit Suisse aims to take control of China securities venture

Credit Suisse has agreed to take majority control of Chinese securities venture Credit Suisse Founder Securities Ltd (CSFS), boosting its stake to 51 percent from 33.3 percent via a capital injection, the Swiss bank said on Monday.

Published 22 Apr, 2019 12:00am

Credit Suisse aims to take control of China securities venture

Credit Suisse has agreed to take majority control of Chinese securities venture Credit Suisse Founder Securities Ltd (CSFS), boosting its stake to 51 percent from 33.3 percent via a capital injection, the Swiss bank said on Monday.

Published 22 Apr, 2019 12:00am

Vivendi Q1 sales jump, company pushes on with UMG stake sale

French media conglomerate Vivendi posted higher first-quarter revenue on Monday, and said it was forging ahead with the planned sale of up to 50 percent of its UMG music arm. Vivendi plans to sell the stake in UMG, whose soaring profit has been a key driv

Published 22 Apr, 2019 12:00am

Vivendi Q1 sales jump, company pushes on with UMG stake sale

French media conglomerate Vivendi posted higher first-quarter revenue on Monday, and said it was forging ahead with the planned sale of up to 50 percent of its UMG music arm. Vivendi plans to sell the stake in UMG, whose soaring profit has been a key driv

Published 22 Apr, 2019 12:00am

PepsiCo results beat as new CEO's ad push lifts sales

PepsiCo Inc's quarterly sales and profit beat Wall Street estimates on Wednesday, as the beverage maker's advertising and marketing push helped drive sales of its snacks, sparkling waters and low-sugar sodas globally. Shares of PepsiCo hit a record high o

Published 22 Apr, 2019 12:00am

PepsiCo results beat as new CEO's ad push lifts sales

PepsiCo Inc's quarterly sales and profit beat Wall Street estimates on Wednesday, as the beverage maker's advertising and marketing push helped drive sales of its snacks, sparkling waters and low-sugar sodas globally. Shares of PepsiCo hit a record high o

Published 22 Apr, 2019 12:00am

European banks Credit Agricole and Santander team up in asset services

France's Credit Agricole and Spain's Santander plan to combine their custody and asset servicing operations, in a deal that could point the way for European banks to achieve scale without the complexity of a full merger. The new business will have around

Published 22 Apr, 2019 12:00am

Technology, green features, power mix to boost luxury car sales

US auto sales may be slowing, but carmakers have high hopes for luxury vehicles, which are imbued with increasingly sophisticated gadgetry and sex appeal to seduce a new generation of millionaires.

Published 22 Apr, 2019 12:00am

Currency

Inflation nightmare returns to haunt Zimbabwe

The price of bread almost doubled for Zimbabweans last week, as the inflation nightmare that marked the rule of long-time authoritarian leader Robert Mugabe returns to haunt his successor Emmerson Mnangagwa. There have been warnings of the mental and phys

Published 22 Apr, 2019 12:00am

The ethical gold rush: Gilded age for guilt-free jewellery

Forget how many carats - how ethical is your gold? As high-end consumers demand to know the origin of their treasures, some jewellers are ensuring they use responsibly sourced, eco-friendly or recycled gold. Specialised producers now tack a "fairmined" ec

Published 22 Apr, 2019 12:00am

China's Huawei to launch 5G at Africa Cup of Nations

Huawei will roll out 5G phone network for the first time during this summer's Africa Cup of Nations, Egypt's minister of communications and information technology said on Sunday. The Chinese firm will introduce the technology at the 74,000-capacity Cairo

Published 22 Apr, 2019 12:00am

Austria to maintain deficit-free budget to 2023

Austria's government plans to maintain a deficit-free budget until 2023, local news agency APA quoted Chancellor Sebastian Kurz as saying on Sunday. Kurz's right-wing coalition government, in office since December 2017, has made fiscal discipline one of i

Published 22 Apr, 2019 12:00am

Extremadura, Spain's forgotten region

Positioned on the edge of a railway line, Villafranca de los Barros should be in prime position to move goods from its three factories. There is a slight problem though - close to no trains come through. So it is that products are transported by truck fro

Published 22 Apr, 2019 12:00am

Currency

Sudan pound jumps on black market on hope of dollar influx

The Sudanese pound surged on the black market Sunday on expectations that the ouster of longtime leader Omar al-Bashir would trigger fresh dollar inflows and ease a foreign currency shortage. In recent years Sudan has been hit by an acute lack of dollars,

Published 22 Apr, 2019 12:00am

Currency

Saudi, UAE pledge $3 billion financial aid for Sudan

Saudi Arabia and the United Arab Emirates on Sunday announced three billion dollars (2.7 billion euros) in financial support for Sudan following the overthrow of longtime leader Omar al-Bashir. The oil-rich Gulf states pledged to inject $500 million into

Published 22 Apr, 2019 12:00am

Short European stocks still 'most crowded trade': BAML survey

Short positioning on European equities was the "most crowded trade" for the second straight month in April, a survey of fund managers by Bank of America Merrill Lynch found. Investors called bearish positions on Europe a crowded trade once again, although

Published 22 Apr, 2019 12:00am

Advent readies new $2.2 billion Latam private equity fund

US private equity firm Advent International Corp is preparing to launch a $2.2 billion fund to invest in Latin American companies, two people with knowledge of the matter told Reuters. The fund launched in coming days will be Advent's seventh for Latin Am

Published 22 Apr, 2019 12:00am

Advent readies new $2.2 billion Latam private equity fund

US private equity firm Advent International Corp is preparing to launch a $2.2 billion fund to invest in Latin American companies, two people with knowledge of the matter told Reuters. The fund launched in coming days will be Advent's seventh for Latin Am

Published 22 Apr, 2019 12:00am

Foreigners net buyers of Japanese stocks for second week

Foreigners were net buyers of Japanese stocks for a second consecutive week ended April 12, but concerns over US tariffs on European Union and caution ahead of the domestic earnings season kept inflows in check. Overseas investors bought a net 78.32 billi

Published 22 Apr, 2019 12:00am

Alhokair's Arabian Centres to launch largest Saudi IPO since 2014

Shopping mall operator Arabian Centres, owned by Fawaz Alhokair Group, will this month launch what could be Saudi Arabia's largest initial public offering (IPO) in five years, which it hopes will raise around $1 billion. Arabian Centres said on Tuesday it

Published 22 Apr, 2019 12:00am

Alhokair's Arabian Centres to launch largest Saudi IPO since 2014

Shopping mall operator Arabian Centres, owned by Fawaz Alhokair Group, will this month launch what could be Saudi Arabia's largest initial public offering (IPO) in five years, which it hopes will raise around $1 billion. Arabian Centres said on Tuesday it

Published 22 Apr, 2019 12:00am

Abu Dhabi outperforms on financials, real estate

Abu Dhabi stocks outperformed Gulf markets on Sunday on expectations that banks and real estate companies will benefit from new rules which would allow foreigners to own land and property in investment areas on a freehold basis. The Abu Dhabi index rose 1

Published 22 Apr, 2019 12:00am

Brazilian education group Afya plans New York IPO

Brazilian educational group Afya SA is preparing an initial public offering in New York in the coming months, three people with knowledge of the matter said, adding to a wave of listings by high-growth Latin American companies outside their home markets.

Published 22 Apr, 2019 12:00am

Brazilian education group Afya plans New York IPO

Brazilian educational group Afya SA is preparing an initial public offering in New York in the coming months, three people with knowledge of the matter said, adding to a wave of listings by high-growth Latin American companies outside their home markets.

Published 22 Apr, 2019 12:00am

US money market assets tumble for tax payments

Investors and companies withdrew huge sums of cash from their money market accounts to make their annual tax payments ahead of the April 15th deadline, according to a private report released on Wednesday. Domestic money market fund assets tumbled by $53.1

Published 22 Apr, 2019 12:00am

US money market assets tumble for tax payments

Investors and companies withdrew huge sums of cash from their money market accounts to make their annual tax payments ahead of the April 15th deadline, according to a private report released on Wednesday. Domestic money market fund assets tumbled by $53.1

Published 22 Apr, 2019 12:00am

US family tracking app Life360 launches $104 million Australian IPO

US family tracking app operator Life360 has launched a A$145 million ($104 million) initial public offering in Australia, marking what is likely to be the country's biggest technology float in three years. Life360 said in a statement on Thursday it was of

Published 22 Apr, 2019 12:00am

US family tracking app Life360 launches $104 million Australian IPO

US family tracking app operator Life360 has launched a A$145 million ($104 million) initial public offering in Australia, marking what is likely to be the country's biggest technology float in three years. Life360 said in a statement on Thursday it was of

Published 22 Apr, 2019 12:00am

Currency

China to lure more foreign investment in bonds, stocks

China aims to attract more foreign investment in its bonds and stocks as the country further opens up its capital markets, the foreign exchange regulator said on Thursday. There is significant room for foreign investors to buy Chinese bonds and stocks giv

Published 22 Apr, 2019 12:00am

Currency

China to lure more foreign investment in bonds, stocks

China aims to attract more foreign investment in its bonds and stocks as the country further opens up its capital markets, the foreign exchange regulator said on Thursday. There is significant room for foreign investors to buy Chinese bonds and stocks giv

Published 22 Apr, 2019 12:00am

Currency

Analysts trim forecasts for Aussie gains, kiwi to tick up

Analysts have trimmed their forecasts for the Australian dollar but still expect moderate gains by year-end, while its New Zealand counterpart is also seen ticking higher even as markets price in the risk of interest rate cuts in both countries.

Published 22 Apr, 2019 12:00am

Bahrain does not plan new dollar bond issue this year

Bahrain does not plan to issue new US dollar-denominated bonds this year, a central bank official told investors on Tuesday, after the kingdom secured a $10 billion aid package from Gulf neighbours last week, one source said. A government spokesperson con

Published 22 Apr, 2019 12:00am

Bahrain does not plan new dollar bond issue this year

Bahrain does not plan to issue new US dollar-denominated bonds this year, a central bank official told investors on Tuesday, after the kingdom secured a $10 billion aid package from Gulf neighbours last week, one source said. A government spokesperson con

Published 22 Apr, 2019 12:00am

Wall Street week ahead: earnings deluge could make or break sentiment

Next week will go a long way in determining whether investors should be concerned about the dawning of an earnings recession or whether back-to-back quarters of negative growth can be avoided in what is the heaviest week for profit reporting by US compani

Published 22 Apr, 2019 12:00am

Egyptians vote in second day of referendum to extend Sisi rule

Egyptians voted for a second day on Sunday in a referendum on proposed constitutional amendments aimed at cementing the rule of President Abdel Fattah al-Sisi. Sisi is widely expected to win backing for changes making it possible for him to stay in power

Published 22 Apr, 2019 12:00am

Thousands protest in Morocco demanding release of jailed activists

Thousands of Moroccans staged a march on Sunday in downtown Rabat to demand the release of activists who led protests over economic and social problems in the northern Rif region in late 2016 and 2017.

Published 22 Apr, 2019 12:00am

Saudis grapple with ever-shifting 'red lines'

Two Saudis vent their opinions publicly. One is detained, the other is acquitted after the right to free speech is invoked. Such inconsistencies are provoking confusion over the kingdom's ever-shifting "red lines". Sex, religion and politics were once cle

Published 22 Apr, 2019 12:00am

New Istanbul mayor rallies supporters for 'new beginning'

Istanbul's new mayor rallied hundreds of thousands of supporters on Sunday to celebrate a "new beginning", urging people to unite after his highly contested win against President Recep Tayyip Erdogan's ruling party. Ekrem Imamoglu, 49, of the opposition R

Published 22 Apr, 2019 12:00am

Bangladesh puts anti-sexual harassment units in schools after girl's murder

Bangladesh has ordered some 27,000 schools to set up committees to prevent sexual violence, an official said Sunday, after a teenager who accused a teacher of sexual harassment was burned to death. The killing of 19-year-old Nusrat Jahan Rafi has sparked

Published 22 Apr, 2019 12:00am

Iran leader appoints new head of revolutionary guards

Iran's Supreme Leader Ayatollah Ali Khamenei has appointed a new head of the Revolutionary Guards, the country's ideological military force, Khamenei's official website reported late Sunday. Major General Hossein Salami, 58, replaces Major General Mohamma

Published 22 Apr, 2019 12:00am

Haftar forces press offensive on Libyan capital

Forces backing Libya's unity government battled to push back an offensive by strongman Khalifa Haftar on Sunday as his troops approached the gates of Tripoli after air raids overnight. Haftar's self-proclaimed Libyan National Army, galvanised by victories

Published 22 Apr, 2019 12:00am

Iraq condemns to death four IS members repatriated from Syria

Iraq's judiciary condemned to death four Islamic State group members on Sunday, the first known sentence for hundreds of Iraqi jihadists repatriated in recent months from neighbouring Syria. In early April, Iraq's specialised terrorism courts began prepar

Published 22 Apr, 2019 12:00am

Turkey opposition leader attacked at soldier's funeral

The leader of Turkey's main opposition party was attacked on Sunday at a funeral for a soldier killed fighting against Kurdish militants, a state news agency and his party said. Republican People's Party (CHP) chief Kemal Kilicdaroglu was taken to a nearb

Published 22 Apr, 2019 12:00am

Zardari condemns terrorist attacks in Sri Lanka

Former President of Pakistan and President Pakistan Peoples Party Parliamentarians (PPPP) Asif Ali Zardari has condemned terrorist attacks in Sri Lanka on the eve of Easter are heinous crimes against humanity. In a statement issued here on Sunday, Asif Za

Published 22 Apr, 2019 12:00am

Baby Nishwa case: two more employees of Darul Sehat arrested

Police have arrested admin in-charge Shehzad and nurses' in-charge Atif Javeed of Darul Sehat Hospital in a case of administering a wrong injection to a nine-month-old girl Nishwa. According to police, the arrested suspects would be presented before a cou

Published 22 Apr, 2019 12:00am

100 more Indian fishermen released

Pakistan as goodwill gesture released another 100 Indian fishermen from Central Jail Karachi on Sunday. The said fishermen were arrested for fishing illegally in Pakistani waters during various operations. They will be taken to Lahore through train where

Published 22 Apr, 2019 12:00am

MDTF-funded ERKF project: Over 8000 crisis-hit SMEs of erstwhile Fata-KP apply for grants

More than 8,000 applications from the crisis-hit SMEs from the merged districts of erstwhile FATA have submitted applications for Economic Revitalization of KP and FATA (ERKF) project that is funded by the Project Unit of the Multi-Donor Trust Fund (MDTF)

Published 22 Apr, 2019 12:00am

'We want to make the agri supply chain efficient through tech' an interview with Jehanzeb Nasir Chaudhri, founder Mandiexpress.pk

In the age of digital disruption, the possibilities for young tech entrepreneurs are endless. Though late to the game, Pakistani entrepreneurs have not been short of ideas. Some have worked, others faltered, many going out of business as rapidly as they c

Published 22 Apr, 2019 12:00am

'We want to make the agri supply chain efficient through tech' an interview with Jehanzeb Nasir Chaudhri, founder Mandiexpress.pk

In the age of digital disruption, the possibilities for young tech entrepreneurs are endless. Though late to the game, Pakistani entrepreneurs have not been short of ideas. Some have worked, others faltered, many going out of business as rapidly as they c

Published 22 Apr, 2019 12:00am

Murtaza condemns bombing of churches in Sri Lanka

Adviser to Sindh Chief Minister on Information & Archives, Law, and Anti-Corruption Barrister Murtaza Wahab on Sunday, on behalf of the Sindh government and Pakistan People's Party, felicitated the members of Christian community on the their religious fes

Published 22 Apr, 2019 12:00am

Bookme gets LIVC's investment in e-ticketing funding round

Bookme Tickets (Private) Limited (Bookme), a leading Pakistani e-ticketing platform for transport and entertainment, announced today that it has closed a Pre-Series A funding round for expansion in Pakistan. The funding round was led by Pakistan's rising

Published 22 Apr, 2019 12:00am

Tourism zone to prove milestone in uplift of sector: NTB chief

Chairman National Tourism Board (NTB) Zulfi Bukhari said that establishment of tourism zone would prove a milestone in the development of tourism sector and attracting more tourists and visitors to Khyber Pakhtunkhwa.

Published 22 Apr, 2019 12:00am

Six die as building collapses

At least six people including two women were killed after a four-storey building collapsed in Bhati Chowk locality on Saturday night. According to details, three others including two children were also injured in the collapse. Officials said the four-stor

Published 22 Apr, 2019 12:00am

SWT to set up 99 water filtration plants in Lahore

Commissioner Lahore Division, Dr. Mujtaba Piracha and Sailani Welfare Trust signed MoU to establish 99 water filtration plants in Lahore at different locations. Commissioner Lahore, Dr Mujtaba Piracha and President Sailani Welfare Trust Yosuf Lakhani sign

Published 22 Apr, 2019 12:00am

Hazarganji incident: perpetrators to be brought to justice: PM

Prime Minister Imran Khan on Sunday while expressing condolences with the victim families of recent terror attack in Quetta's Hazarganji market, called for joint efforts to foil the enemy's nefarious designs for creating any chaos in the country.

Published 22 Apr, 2019 12:00am

3,753 packets of unsafe meat removed from market

The Punjab Food Authority (PFA) on Sunday removed 3,753 packets of six meat companies from the market over failure to meet the food safety standards by sharing laboratory results of frozen meat products with media for the public interest.

Updated 23 Apr, 2019 07:40am

Retired employees of KWSB deprived of outstanding dues

As many as 881 retired employees and the families of late workers of Karachi Water and Sewerage Board (KW&SB) are running from pillar to post to get their outstanding dues as the Sindh government seems least bothered to resolve the issue, putting hundreds

Published 22 Apr, 2019 12:00am

Haleem foresees next Sindh CM, Karachi mayor from PTI

Senior Acting President of Pakistan Tehreek e Insaf (PTI) Sindh chapters and parliamentary leader in Sindh Assembly Haleem Adil Sheikh has predicted that the next chief minister of the province and mayor of Karachi would be from his party. Addressing a co

Published 22 Apr, 2019 12:00am

Asma bags ICAP's prestigious award

Dubai-based Pakistani Asma Jan Muhammad has won Chartered Accountant Woman of the Year Award held by the Institute of Chartered Accountants of Pakistan (ICAP) in Islamabad. President of Pakistan Dr. Arif Alvi presented the award to her. Asma has been livi

Published 22 Apr, 2019 12:00am

Pesco drive against power theft continues

Peshawar Electric Supply Company (Pesco) surveillance teams has checked commercial and industrial meters in the jurisdiction of Peshawar, Khyber, Mardan circles during ongoing campaign against power pilferage in the province. According to details, Pesco S

Published 22 Apr, 2019 12:00am

PPP has nothing to do with ZAB's ideology, says Firdous

Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan on Sunday said the Pakistan Peoples Party (PPP) would loose its grip on the Sindh province if it did not distance itself from corruption. The Pakistan Tehreek-e-

Published 22 Apr, 2019 12:00am

Tareen rejects reports of Punjab CM's removal

Rejecting media reports about removal of Punjab chief minister, Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Khan Tareen here on Sunday said that Prime Minister Imran Khan was not mulling to remove Sardar Usman Buzdar. Inaugurating the green and clean d

Published 22 Apr, 2019 12:00am

Cotton

Weekly Cotton Review: prices remain stable due to buying by textile, spinning mills

The prices of cotton remained stable. The government has set the target of production of 15 million bales according to the vision of Prime Minister Imran Khan. However the premium of Rs 200 per 40 Kg on Cotton Seed will be paid.

Published 22 Apr, 2019 12:00am

Cotton

Weekly Cotton Review: prices remain stable due to buying by textile, spinning mills

The prices of cotton remained stable. The government has set the target of production of 15 million bales according to the vision of Prime Minister Imran Khan. However the premium of Rs 200 per 40 Kg on Cotton Seed will be paid.

Published 22 Apr, 2019 12:00am

Two dead, two injured in road mishap

At least two people died and two others injured in collision between dumper and a motorcycle here on Sunday. Rescue sources said that the accident took place near Ghagar Phatak in Karachi when an over speeding dumper knocked down a motorcycle carrying fou

Published 22 Apr, 2019 12:00am

Shujaat rejects contacts with Shahbaz Sharif

President of Pakistan Muslim League (PML-Q) Chaudhry Shujaat Hussain rejected the rumors of contact with PML-Nawaz leader Shahbaz Sharif. Former prime minister and PML-Q leader said this, talking to the media in London. He said neither he contacted any PM

Published 22 Apr, 2019 12:00am

Punjab governor approves Punjab Aab-e-Pak Authority

The governor Punjab has formally approved the Punjab Aab-e-Pak Authority by signing bill approved by Punjab Assembly. Governor Punjab Ch Mohammad Sarwar will be patron-in-chief of authority. Punjab Aab-e-Pak Authority has been established to provide clean

Published 22 Apr, 2019 12:00am

UoG syndicate's meeting called despite incomplete quorum

The 37th meeting of the syndicate of University of Gujrat (UoG) has been called despite of the fact that quorum of the syndicate is not complete. Well informed sources told Business Recorder that acting vice chancellor university of Gujrat will pre

Published 22 Apr, 2019 12:00am

PTI team lost match, says JI chief

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has said that the PTI team had lost the match and its titanic had sunk in its own tsunami. Addressing the JI Arkan (members) at Lower Dir, he said that even those who brought the PTI into power, wer

Published 22 Apr, 2019 12:00am

Mashal Malik plans to meet her ailing husband

Hurriyat Leader Yasin Malik's wife Mashal Malik on Sunday announced her intention of heading back to India to meet his ailing husband who is in custody of Indian forces. Talking to media at Lahore Press Club, Mashal Malik revealed that Indian forces were

Published 22 Apr, 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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