News Archives for Print - 2019-06-17

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Print - 2019-06-17

The Weather

The weather report on Sunday (June 16, 2019) and the forecast for Monday (June 17, 2019).

Published 17 Jun, 2019 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DECEMBER 2018)

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

Published 17 Jun, 2019 12:00am

Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (June 10 to 14, 2019).

Published 17 Jun, 2019 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 17 Jun, 2019 12:00am

Returning Sharapova inspired by 'ultimate fighter' Nadal

Maria Sharapova says she will draw inspiration from Rafael Nadal's incredible powers of recovery as she resumes her injury-hit career on the Spanish great's island next week. The 32-year-old Russian has not played a competitive match since pulling out of

Published 17 Jun, 2019 12:00am

Federer 'fresh' for tenth Halle title tilt

Roger Federer says staying wide awake will be the key to his grass court season with his focus on claiming a record tenth Halle title this week. The 37-year-old Swiss was given the run around by Rafael Nadal last time out on the Roland Garros clay, but sa

Published 17 Jun, 2019 12:00am

Sweden cruise past Thailand to make World Cup last 16

Sweden cruised into the knockout stages of the Women's World Cup on Sunday after comfortably seeing off Thailand 5-1 to move top of Group F. Peter Gerhardsson's side are three points ahead of tournament favourites the USA, who take on Chile later on Sunda

Published 17 Jun, 2019 12:00am

Record-breaking Lloyd propels USA into World Cup last 16

Carli Lloyd became the first player to score in six consecutive women's World Cup matches as the United States brushed aside Chile 3-0 on Sunday to secure their passage to the last 16. The winning margin might not have been near to their record-breaking 1

Published 17 Jun, 2019 12:00am

Marquez storms to Catalan MotoGP victory

Spain's Marc Marquez, on a Honda, stretched his lead atop the standings after streaking to victory in Sunday's Catalan MotoGP. It was five-time world champion Marquez's first victory on his home region Montmelo track since 2014 and came hot on the heels o

Published 17 Jun, 2019 12:00am

FIFA 'explores legal options' over pirated Women's World Cup broadcasts

FIFA said Sunday they were exploring legal options after revealing unauthorised transmissions of the ongoing Women's World Cup in France were made in Saudi Arabia by pirate broadcaster, beoutQ. The world governing body also called for satellite operator A

Published 17 Jun, 2019 12:00am

Sudanese wrestlers embrace afresh after protest crackdown

Dramatic cheers and boos echoed through a spartan arena in Sudan's capital where hulking wrestlers went head-to-head once more, after a brief hiatus. Captivating a sea of spectators, two of the wrestlers bowed forward before pouncing into one another, tra

Published 17 Jun, 2019 12:00am

West Indies are World Cup underdogs against Bangladesh: Holder

West Indies captain Jason Holder admits his spluttering side will be underdogs when they face Bangladesh in a crucial World Cup clash on Monday. Beaten in two of their four group matches, Holder's team desperately need to secure their second win of the to

Published 17 Jun, 2019 12:00am

Messi 'bitter' as Colombia stun Argentina

Lionel Messi said his team was feeling bitter after Argentina lost their opening Copa America match 2-0 to Colombia despite dominating the second half. Goals from Roger Martinez and Duvan Zapata in the final 20 minutes gave Colombia their first tournament

Published 17 Jun, 2019 12:00am

India beat Pakistan by 89 runs in World Cup

Rohit Sharma scored his second hundred in three innings as India maintained their unbeaten record against Pakistan at the World Cup with an 89-run win under the Duckworth-Lewis-Stern method on Sunday. Sharma's 140 was the centrepiece of a total of 336-5 t

Published 17 Jun, 2019 12:00am

India beat Pakistan by 89 runs in World Cup

Published 17 Jun, 2019 12:00am

Chronic depression after heart attack tied to increased risk of death

Heart attack survivors with chronic mood disorders may be more likely to die prematurely than their counterparts who don't suffer these problems, a recent study suggests.

Published 17 Jun, 2019 12:00am

Traumatic injuries linked to later social dysfunction

Nearly half of trauma patients, even those without brain injuries, experience social deficits that make it harder for them to interact with friends and stay involved in the community, a recent study suggests. Traumatic brain injuries have long been linked

Published 17 Jun, 2019 12:00am

Climate change on track to reduce ocean wildlife by 17 percent

Climate change is set to empty the ocean of nearly a fifth of all living creatures, measured by mass, by the end of the century, researchers have calculated. In a world that heats up three to four degrees Celsius compared to pre-industrial levels, 17 perc

Published 17 Jun, 2019 12:00am

Light exposure during sleep linked to weight gain in women: study

Women who sleep with the television or a light on in the bedroom may be more likely to gain weight, according to a new study published on Monday. The research, which was published in the Journal of American Medical Association (JAMA) Internal Medicine, re

Published 17 Jun, 2019 12:00am

How do you teach kids about texting? Bring in the teenagers

How do you teach tech-savvy kids to safely navigate the digital world? In Germany, you bring in the teenagers. On a recent day, 18-year-old Chantal Hueben stood in front of a group of restless fifth-graders and asked them to brainstorm about the messaging

Published 17 Jun, 2019 12:00am

86 per cent of internet users admit being duped by fake news: survey

Eighty-six percent of internet users have been duped by fake news - most of it spread on Facebook - according to a global survey published on June 11. Respondents said they want both governments and social media companies to crack down on these activities

Published 17 Jun, 2019 12:00am

UN panel: Connect half the world, and $20 phones can help

An independent UN panel called Monday for much greater cooperation to bring digital technology to roughly half the world's people, and a senior Google executive said mobile phones with internet access are being created to sell for about $20 that can help

Published 17 Jun, 2019 12:00am

Tesco warns October Brexit much more problematic than March

Tesco, Britain's biggest retailer, has warned that getting ready for a possible disorderly no-deal Brexit in October would be far more problematic than preparations it made for the original planned departure date in March. Britain had been due to leave th

Published 17 Jun, 2019 12:00am

Ford Motor opens research centre in Tel Aviv

Ford Motor Co on Wednesday opened a research centre in Tel Aviv, joining a growing number of major automakers and suppliers setting up shop in the Israeli tech hub as they race to develop self-driving cars. With spiraling development costs for autonomous

Published 17 Jun, 2019 12:00am

Reckitt picks PepsiCo executive as CEO

Consumer goods group Reckitt Benckiser has picked PepsiCo executive Laxman Narasimhan as its next chief executive, becoming the latest industry heavyweight to turn to a company outsider to tackle faltering growth and new media-savvy rivals.

Published 17 Jun, 2019 12:00am

Exchange

Goldman top broker in Saudi market in May as foreign interest surged

Goldman Sachs was the top broker in the Saudi market in May, both in terms of value and volume of trades, stock exchange data showed, as foreign banks benefitted from a surge of international money into the kingdom.

Published 17 Jun, 2019 12:00am

Exchange

Zara owner Inditex shakes off currency drag to post strong profit growth

Spanish fashion group Inditex reported a 10% rise in first-quarter profit on Wednesday, as foreign currency effects moved back into favour for the owner of Zara and Massimo Dutti after two years of nibbling away at margins.

Published 17 Jun, 2019 12:00am

Exchange

Zara owner Inditex shakes off currency drag to post strong profit growth

Published 17 Jun, 2019 12:00am

Philips upbeat on digital care as patients warm to data sharing

Dutch health technology company Philips expects sales at its digital care business to grow this year as patients see the benefits of sharing more medical data with doctors, Chief Executive Frans van Houten told Reuters. Philips' connected care division of

Published 17 Jun, 2019 12:00am

Renault boss battles to keep carmaker on track

When he was tapped to succeed fallen auto titan Carlos Ghosn as head of Renault in January, Jean-Dominique Senard was touted as a steady hand at the wheel who would shore up the French carmaker's frayed alliance with Nissan. But five months later he has b

Published 17 Jun, 2019 12:00am

Ryanair buys Malta Air startup to target African markets

Irish no-frills airline Ryanair said on Tuesday that it will buy Maltese startup Malta Air, forming a new division that reaches more markets in north Africa from the Mediterranean island. "Ryanair Holdings announced it has agreed to purchase Malta Air," t

Published 17 Jun, 2019 12:00am

First stop SE Asia: SoftBank, Toyota's autonomous car venture heads overseas

The self-driving car joint venture of SoftBank Corp and Toyota Motor plans to begin operating in Southeast Asia next year, in its first overseas foray, its chief executive said on Tuesday. The move would mark a shift for Japan's third biggest telco as it

Published 17 Jun, 2019 12:00am

Boeing crisis, trade tensions cast pall over air show

Safety concerns, trade wars and growing security tensions in the Gulf are dampening spirits at the world's largest planemakers as they arrive at this week's Paris Airshow with little to celebrate despite bulging order books. The aerospace industry's marqu

Published 17 Jun, 2019 12:00am

Bangladesh garment manufacturers seek higher export subsidies

Garment manufacturers in Bangladesh on Sunday demanded higher export subsidies from the government, saying proposals in the latest national budget, unveiled last week, were not enough to compensate for higher production costs and low prices. Bangladesh te

Published 17 Jun, 2019 12:00am

South Africa youth unemployment a 'national crisis': President

Youth unemployment in South Africa has become a "national crisis", President Cyril Ramaphosa said on Sunday at an event commemorating youth activism during the apartheid era. Unemployment in Africa's most advanced economy has remained stubbornly high sinc

Published 17 Jun, 2019 12:00am

Exchange

Brazil development bank chief quits, fueling political crisis

The head of Brazil's powerful state development bank quit Sunday a day after far-right President Jair Bolsonaro threatened to sack him, fueling a political crisis engulfing the government. BNDES president Joaquim Levy, a Chicago-educated economist and for

Published 17 Jun, 2019 12:00am

China's FedEx probe should not be seen as retaliation

China's investigation into FedEx Corp over misdirected mail should not be regarded as retaliation against the US company, state news agency Xinhua said on Sunday, amid worsening relations between China and the United States. The inquiry was aimed at sendi

Published 17 Jun, 2019 12:00am

Intel launches project to help Israeli technology start-ups

Intel Corp launched a project on Sunday to help start-ups in Israel develop technologies in artificial intelligence (AI) and autonomous systems, and said it planned to bring the scheme to other countries as well. The 20-week program, called Ignite, will o

Published 17 Jun, 2019 12:00am

Exchange

Deadline looms for agreement on Swiss-EU ties

Swiss ties with the European Union, its biggest trading partner, face a critical test this week as Brussels decides whether the two sides have made enough progress on a stalled draft treaty to head off punitive measures set to start at the end of June. Af

Published 17 Jun, 2019 12:00am

Japan's Inpex, Indonesian government sign Abadi LNG accord

Japan's biggest oil and gas explorer Inpex Corp and the Indonesian government signed a basic agreement on the development of Indonesia's Abadi liquefied natural gas (LNG) project on Sunday, moving forward the $15 billion project. Inpex President Takayuki

Published 17 Jun, 2019 12:00am

Second cracked tower sparks fears about Australia building rules

Australia's building and construction codes came under scrutiny Sunday after hundreds of residents were evacuated from a high-rise Sydney apartment block where cracks were discovered in the second such scare in six months. Some residents said they were le

Published 17 Jun, 2019 12:00am

Fed leans toward a cut; don't expect one this week

As President Donald Trump's trade wars drag on, and the global economy weakens, the US Federal Reserve is inching closer to its first interest rate cut in more than a decade. But investors hoping to see the benchmark lending rate begin to drop this week a

Published 17 Jun, 2019 12:00am

Exchange

Is bitcoin growing up? Regulated futures boom as investors seek a safer ride

When bitcoin was born it was a symbol of counterculture, a rebel currency with near-anonymity and a lack of regulation. A decade later, there are growing signs it's entering the establishment its creators sought to subvert. As the cryptocurrency has surge

Published 17 Jun, 2019 12:00am

Investors pile into bonds, equities on US rate cut hopes

Investors pumped more than $4 billion into bond and equity funds in the past week, Bank of America Merrill Lynch (BAML) said on Friday, prompted by hopes of US interest rate cuts as the Federal Reserve aims to counter a slowing global economy. For the wee

Published 17 Jun, 2019 12:00am

Investors pile into bonds, equities on US rate cut hopes

Published 17 Jun, 2019 12:00am

Exchange

US tariff ultimatum throws Mexico peso into choppy waters

Mexico's peso will navigate choppy waters in the near future, away from its recent stability, following US President Donald Trump's threat to impose tariffs on Mexican goods, a Reuters poll showed on Thursday. The median of 19 forecasts in a survey compil

Published 17 Jun, 2019 12:00am

Gulf markets extend losses on tanker attacks

Stock markets in the Gulf extended losses on Sunday reflecting a cautious mood among investors following last week's oil tanker attacks. The attacks on the tankers in the Gulf of Oman on Thursday raised fears of a military confrontation in a vital shippin

Published 17 Jun, 2019 12:00am

Stock options traders get defensive, tariffs in focus as G20 looms

Stock options traders are growing cautious, with a Group of 20 meeting later this month looking like a last chance for the United States and China to back away from a market-rocking trade war and Mexico also bracing for threatened tariffs. On Thursday, US

Published 17 Jun, 2019 12:00am

Currency

Policy easing prompts analysts to again cut forecasts for Aussie, kiwi

Analysts have yet again downgraded their forecasts for the Australian and New Zealand dollars, as monetary easing in both countries and the risks of further rate cuts in the face of global trade frictions and slowing growth sap risk appetite. The broad ou

Published 17 Jun, 2019 12:00am

Chewy shares surge 63 percent in debut

Shares of Chewy Inc soared 63% in their public debut, giving the online pet products retailer a market value of $14.35 billion, more than four times the price PetSmart paid for it in 2017. The company's shares opened at $36.00 and rose as high as $41.34,

Published 17 Jun, 2019 12:00am

Chewy shares surge 63 percent in debut

Published 17 Jun, 2019 12:00am

Exchange

Currency devaluation could prompt global financial chaos

Competitive currency devaluation does not benefit any country and could cause chaos to global financial order, former China central bank governor Zhou Xiaochuan said on Friday. Zhou did not specifically mention the Chinese yuan in his remarks to a financi

Published 17 Jun, 2019 12:00am

Wall Street week ahead: all eyes on Fed as stock market pines for rate cut

The Federal Open Market Committee meeting next week is shaping up as a pivotal one for Wall Street, with stocks primed for a selloff should the Fed fail to take an even more dovish tilt after policymakers raised expectations for a rate cut in recent weeks

Published 17 Jun, 2019 12:00am

Israeli PM's wife convicted of misusing public funds

An Israeli court Sunday convicted the wife of Prime Minister Benjamin Netanyahu of fraudulently using state funds for meals, under a plea bargain which dropped more severe charges. While the ruling cut short a high-profile trial, the Netanyahu family's le

Published 17 Jun, 2019 12:00am

Two AFP journalists beaten, detained in Central Africa

Security forces in Central African Republic beat and detained two journalists working for French news wire Agence France-Presse (AFP) covering a banned opposition protest in the capital Bangui, the reporters said Sunday. Charles Bouessel, 28, and Florent

Published 17 Jun, 2019 12:00am

Canada backs startup to boost data on space debris

The Canadian government's contracting arm is backing a proposed new satellite system that will use big data analytics to provide commercially available data about the Earth and its orbit amid growing concerns about the risks posed by space debris. Support

Published 17 Jun, 2019 12:00am

Pompeo vows US will guarantee passage through Strait of Hormuz

Secretary of State Mike Pompeo vowed Sunday that the US will guarantee free passage through the vital Strait of Hormuz, as he accused Iran of recent attacks on oil tankers and the downing of a US drone. Pompeo confirmed in an interview with CBS that a US

Published 17 Jun, 2019 12:00am

Israeli PM inaugurates Golan settlement honouring Trump

Israeli Prime Minister Benjamin Netanyahu on Sunday inaugurated a new settlement in the Golan Heights, named after the country's "great friend" US President Donald Trump. Netanyahu unveiled a "Trump Heights" sign, featuring an Israeli and a US flag, to ma

Published 17 Jun, 2019 12:00am

New poll shows Trump trailing Biden and four other Democrats

A nationwide Fox News poll released Sunday shows President Donald Trump trailing former vice president Joe Biden and no fewer than four other Democratic contenders as early campaigning for the 2020 election begins to gain steam. A separate survey of battl

Published 17 Jun, 2019 12:00am

Field fires in Syria's Hasakeh kill 10

Fires engulfing vital wheat fields across Syria's northeast have killed at least 10 people, a war monitor said Sunday, as Kurdish authorities claim the blazes were set deliberately. Kurdish authorities and the Damascus regime are competing to buy up this

Published 17 Jun, 2019 12:00am

Bangladesh prison breakfast menu gets makeover after 200 years

Bangladesh authorities have upgraded a 200-year-old colonial-era breakfast menu in all its prisons, an official said Sunday, as part of a reform of the country's penal system. Bazlur Rashid, deputy head of the Prison Directorate, said the nation's more th

Published 17 Jun, 2019 12:00am

Far-right AfD fails to win its first German mayor seat

The far-right Alternative for Germany (AfD) party lost its bid to capture its first mayor's office in the country in a bellwether election on Sunday ahead of three key regional polls. In a run-off ballot in Goerlitz, Octavian Ursu, 51, a Romanian-born cla

Published 17 Jun, 2019 12:00am

Times' Russia report is 'virtual treason,' says Trump

US President Donald Trump on Saturday accused The New York Times of "a virtual act of treason," after it reported the US is stepping up digital incursions into Russia's electric power grid. Current and former government officials have described the classi

Published 17 Jun, 2019 12:00am

Paddy to be sown over 0.317 million acres in Sialkot

Over 3.17 lakh acres of land would be brought under paddy crop in four tehsils Sialkot, Daska, Pasrur and Sambrial of Sialkot district during Kharif crop season. Sources in Agriculture department told Business Recorder on Sunday that Agriculture de

Published 17 Jun, 2019 12:00am

Prices of essential kitchen items witness downward trend

A downward trend in prices of important kitchen items, including vegetable, chicken meat, eggs, flour and others was witnessed in local market, according to the survey conducted by Business Recorder here on Sunday.

Published 17 Jun, 2019 12:00am

Bilawal-Maryam meeting aimed at befooling masses: Bukhari

Punjab Minister for Information and Culture Syed Samsam Ali Bukhari, slamming the meeting between PPP chairman Bilawal Bhutto Zardari and PML-N vice president Maryam Nawaz over lunch at the latter's Jati Umra residence, said it is aimed at befooling the m

Published 17 Jun, 2019 12:00am

Technology-driven and knowledge-based economy project under way: CEO

Technology Upgradation and Skills Development Company (TUSDEC), Ministry of Industries and Production, Government of Pakistan is implementing the Technology Driven Knowledge Based Economy project in order to address the need of technology advancement for

Published 17 Jun, 2019 12:00am

Five burnt alive as van catches fire in Narowal

At least five people, a woman and child among them, were burnt to death while several others got injured when a gas cylinder installed in a passenger van exploded on the Zafarwal Road in Narowal district early Sunday morning. Rescue sources relayed the il

Published 17 Jun, 2019 12:00am

'Naya Pakistan Housing is stagnant in Sindh' an interview with Mohammed Hasan Bakshi, Chairman ABAD

Soon after joining office, PM Imran Khan announced his mega plan to meet the growing housing gap in the country and build 5 million houses, which would reduce the current shortage by almost half. The focus is on low-cost housing since majority of the supp

Published 17 Jun, 2019 12:00am

'Naya Pakistan Housing is stagnant in Sindh' an interview with Mohammed Hasan Bakshi, Chairman ABAD

Published 17 Jun, 2019 12:00am

Arms smuggler with 50 rifles held in Peshawar

Khyber Pakhtunkhwa Department of Excise, Taxation and Narcotics Control Squad has recovered arms and ammunition from a car and arrested its driver in the jurisdiction of Pishtakhara Police Station. Officials of the department said that on a tip off they s

Published 17 Jun, 2019 12:00am

PM wants Muslim world to get united: Shehryar

Minister for SAFRON Shehryar Khan Afridi on Sunday said that Prime Minister Imran Khan wants Muslim Ummah to stand united and Pakistan is ready to play a bridging role among leaders of Muslim countries. Welcoming Iran's visiting Deputy Minister for Interi

Published 17 Jun, 2019 12:00am

Exchange

100 percent raise in tax to deprive logistics sector of profitability: FOAP

The Fleet Operators Association of Pakistan (FOAP) has said that 100 percent increase in tax will dry the logistics sector of any profitability remaining after the increase in cost of doing business multifold.

Published 17 Jun, 2019 12:00am

Power failure at Dhabeji PS creates acute water shortage in Karachi

The city faced acute water shortage during last couple of days although Karachi Water and Sewerage Board (KW&SB) said it could not supply around 345 million gallons of water from Dhabeji pumping stations after its system was hit by major power breakdown o

Published 17 Jun, 2019 12:00am

Three polythene bags manufacturing units sealed

District administration sealed three polythene shopping bags manufacturing factories and took into possession thousands of kilograms plastic bags in crackdown against plastic shopping bags.

Published 17 Jun, 2019 12:00am

FY 2018-19: KPRA collects Rs 9.6 million till May

Khyber Pakhtunkhwa Revenue Authority (KPRA) has collected Rs 9.6 billion till May for the current financial year that will end on June 30. It was disclosed during the 7th meeting of the Policy Making Council (PMC) of KPRA, held under the chairmanship of K

Published 17 Jun, 2019 12:00am

PRGMEA demands revival of 'No Payment No Refund' regime

The administrator Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Luqman Amin has said that withdrawal of zero rated status will be detrimental for the exports of the country and it will destroy the industrial sector of Sialko

Published 17 Jun, 2019 12:00am

Dyes & leather: government urged to allow zero-tax regime for importing raw material

Organisers of the 5th Color & Chem Expo have urged the federal government to allow zero tax for raw materials of dyes and leather used in one of leading textile sector of Pakistan as it is slowing exports. They made this appeal while talking to reporters

Published 17 Jun, 2019 12:00am

Assets Declaration Scheme Awareness & guidance campaign in full swing in Hazara

Awareness and guidance campaign regarding Assets Declaration Scheme 2019 announced by the Prime Minister Imran Khan is in full swing under the auspices of Regional Tax Office (RTO) Abbottabad. In this connection, the RTO Abbottabad has established special

Published 17 Jun, 2019 12:00am

Punjab approaches CCI for getting Rs 950 million refunded from FBR

Punjab government has knocked the doors of Council of Common Interests (CCI) to get back about Rs 950 million from Federal Board of Revenue (FBR) collected by misusing its authority, sources close to Chief Secretary Punjab told Business Recorder.

Published 17 Jun, 2019 12:00am

Cotton

Weekly cotton review: uncertainty prevails due to imposition of sales tax

Despite the high price of Dollar the prices of cotton remained stable. Uncertainty prevailed in market due to imposition of sales tax. Industrial and trading sectors are protesting. Senate Committee is two steps ahead of Federal Agriculture Commission in

Published 17 Jun, 2019 12:00am

Cotton

Weekly cotton review: uncertainty prevails due to imposition of sales tax

Published 17 Jun, 2019 12:00am

CM for publicising SEZ and Mohmand Marble City projects

Khyber Pakhtunkhwa Chief Minister Mahmood Khan has directed the authorities concerned for immediate publicity of Hattar Darband Special Economic Zone (SEZ) and Mohmand Marble City. He issued these directives, presiding over a progress review meeting of th

Published 17 Jun, 2019 12:00am

Pakistan calls for effective solutions in areas of peace, security

Prime Minister's Special Assistant Dr Sania Nishtar has called for effective solutions to challenges in the areas of peace, security and development. She was representing Pakistan at the 5th Conference on Interaction and Confidence Building Measures in As

Published 17 Jun, 2019 12:00am

PPP voices concern over delay in tribal districts polls

The provincial president, PPP Khyber Pakhtunkhwa Mohammad Hamayun Khan has expressed concern over unjustified delay in the provincial assembly elections in the merged districts of the erstwhile FATA. In a statement issued here on Sunday, the leader said t

Published 17 Jun, 2019 12:00am

Demonstration against power failures and load-shedding held

Residents of Ghazi Town, Malir, on Sunday staged a protest demonstration against K-Electric over prolonged and unannounced load-shedding in their neighbourhood despite the vicinity has been converted into the anti-theft Aerial Bundled Cable (ABC). A handf

Published 17 Jun, 2019 12:00am

e-visas issued to 7,000 people so far: Nadra

The online visa facility, which was introduced in Pakistan on the instructions of Prime Minister Imran Khan, has proven to be very successful. Pakistan has issued e-visas to 7,000 people so far, according to NADRA. Foreign Minister Shah Mahmood Qureshi sa

Published 17 Jun, 2019 12:00am

Chinese doctors perform 56 cleft lip surgeries at ICLAP camp

Islamabad Cleft Lip and Palate Association (ICLAP) has arranged a seven days camp wherein surgeries of 56 surgeries of the poor clef lip and palate patients was performed by Chinese doctors. A function was organised on Sunday at the conclusion of seven da

Published 17 Jun, 2019 12:00am

Anti-polio drive begins today

A three-day anti-polio drive will begin in thirteen districts of Balochistan today. Provincial Coordinator Emergency Operation Centre Balochistan Rashid Razzaq told our Quetta correspondent that during the drive more than 1.3 million children up to five y

Published 17 Jun, 2019 12:00am

Sindh gets 31 percent extra funds from Centre: Firdous

Opposition Leader in Sindh Assembly and Pakistan Tehreek-e-Insaf (PTI) leader Firdous Shamim Naqvi on Sunday said Sindh province is getting 31 per cent extra funds from the federal government. Addressing a presser at the Insaf House Karachi, he said Sindh

Published 17 Jun, 2019 12:00am

Exchange

KP government seeks Centre's guidance to check oil and gas seepage

The government of Khyber Pakhtunkhwa has sought federal government's support for approval of guidelines meant to control seepage of oil and gas waste across Pakistan, sources in Petroleum Division told Business Recorder. Hydrocarbon seepage is a ph

Published 17 Jun, 2019 12:00am

Anti-polio drive begins in Karachi today

Anti-polio campaign is being started from today in Karachi. Commissioner Karachi Ifitkhar Shawllani who is also the chairman of the task force formed by the Sindh government for eradication of Polio, will inaugurate the campaign for which all arrangements

Published 17 Jun, 2019 12:00am

Punjab allocates Rs 22 billion for specialised healthcare & medical education

The Punjab government has allocated an amount of Rs 22,000 million for the Specialized Healthcare & Medical Education (SH& ME) sector and Rs 23, 500 million for 159 schemes of Primary and Secondary Healthcare (P&SH) Department in its budget for 2019-20.

Published 17 Jun, 2019 12:00am

Affectees of Model Town to get justice soon: Gandapur

Fifth anniversary of the Model Town massacre was observed on Sunday. At least 14 people were killed and 100 others injured when the police opened fire to disperse protesting Pakistan Awami Tehreek workers during an anti-encroachment operation outside the

Published 17 Jun, 2019 12:00am

JI holds 'Awami march' against price hike, unemployment

Chief of Jamaat-e-Islami has said that the government removed elected Finance Minister Asad Umar and inducted an International Monitoring Fund (IMF) agent in his place and handed over to him the keys of the public exchequer as well.

Published 17 Jun, 2019 12:00am

Only 28 cases pending before SJC: SC

For the first time, the Supreme Court has disclosed that Supreme Judicial Council (SJC) disposed of 398 cases and now only 28 cases including two presidential references are pending before it. The apex court in a press statement the other day stated that

Published 17 Jun, 2019 12:00am

Value addition can turn pine nuts into a major earning product: study

Value addition, use of proper collection tools and skilled labour can boost the value and turn pine nuts properly known as Chilgoza in the local market into the potential income earning product and provide more benefits to the growers and processors, said

Published 17 Jun, 2019 12:00am

Don't hike interest rates

Business Recorder op-ed writer Ali Khizar seems to have done a huge favor to country's policymakers by arguing against any further increase in policy rates. Although the dollar-rupee parity has further weakened following the announcement of budget

Published 17 Jun, 2019 12:00am

American paradox: Deficit widens even as economy grows

President Donald Trump likes to take credit for the US economy, with historic low unemployment and few signs of rising prices, but his promises that surging growth would pay for massive tax cuts are falling flat. After an initial bounce in 2018 and in the

Published 17 Jun, 2019 12:00am

Unite and rule

Divide and rule was the dreaded curse. Historically, the British Empire was blamed for playing the divide and rule strategy to fester, create and sustain conflict in territories they enslaved but lost in freedom struggles especially in the Subcontinent. P

Published 17 Jun, 2019 12:00am

Previous Day

Forex
World
Commodity

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

Gainers
Losers
Leaders

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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