News Archives for Print - 2019-07-01

The Weather

The weather report on Sunday (June 30, 2019) and the forecast for Monday (July 01, 2019).

Published 01 Jul, 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 01 Jul, 2019 12:00am

Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (June 24 to 28, 2019).

Published 01 Jul, 2019 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 01 Jul, 2019 12:00am

Sweden dump out Germany from World Cup

Germany were left "bitterly disappointed" after Stina Blackstenius's winner knocked them out of the World Cup and sent Sweden into the last four of the women's World Cup with a 2-1 victory in Rennes on Saturday.

Published 01 Jul, 2019 12:00am

Kerb

Kerber wary of Serena shadow

There are seven Grand Slam winners in defending champion Angelique Kerber's quarter of the draw at Wimbledon this year but the German admits she is only conscious of one particular minefield - Serena Williams. Kerber won her third career major at the All

Published 01 Jul, 2019 12:00am

Hamza wins gold medal in 26th Asian Junior Squash

Promising Mohammad Hamza Khan clinched gold medal after securing victory against Joachim Chuah Han Wen of Malaysia in the 26th Asian Junior Under-15 Individual Squash Championship-2019 being played in Macau.

Published 01 Jul, 2019 12:00am

ICC chief happy with 'sporting' World Cup pitches

International Cricket Council chief executive David Richardson on Sunday said he is happy with the World Cup's "sporting pitches", insisting they have provided good balance between bat and ball. Hosts England posted a tournament high of 397 for six agains

Published 01 Jul, 2019 12:00am

Ivanisevic to help Djokovic at Wimbledon

Former Wimbledon winner Goran Ivanisevic said Sunday he will be helping Novak Djokovic during the tournament after joining the world number one's coaching team following a call out of the blue. "It's all unusual, a rather unexpected call came a few days a

Published 01 Jul, 2019 12:00am

No talk of 1992 parallels, says Wahab Riaz

Wahab Riaz insists Pakistan already have enough motivation to win the World Cup without the remarkable parallels to their 1992 title triumph. Cricketer-turned-prime minister Imran Khan led Pakistan to their first and only World Cup victory 27 years ago an

Published 01 Jul, 2019 12:00am

Verstappen ends Mercedes run but stewards investigate

Max Verstappen overcame a poor start to storm to the sixth victory of his career and end Mercedes' record unbeaten start to the season when he triumphed in Sunday's thrilling Austrian Grand Prix.

Published 01 Jul, 2019 12:00am

Khawaja and Starc star as Australia thump New Zealand

Australia cruised to victory by 86 runs against New Zealand at Lord's on Saturday, with batsman Usman Khawaja and pace spearhead Mitchell Starc starring for the defending champions. Aaron Finch's team, already through to the last four from the 10-team rou

Published 01 Jul, 2019 12:00am

Madagascar shock Nigeria to extend Cup of Nations fairytale

Africa Cup of Nations newcomers Madagascar pulled off a stunning upset of Nigeria on Sunday with a 2-0 win over the three-time former champions to clinch a place in the last 16. Lalaina Nomenjanahary gave Madagascar a shock 12th-minute lead in Alexandria

Published 01 Jul, 2019 12:00am

England get World Cup back on track with India win

Jonny Bairstow hit a hundred before Chris Woakes starred as England ended India's unbeaten run at this World Cup with a 31-run win on Sunday to once again leave semi-final qualification in their own hands. England, who came into this match on the back of

Published 01 Jul, 2019 12:00am

Migraine in pregnancy linked with complications for mothers, babies

Pregnant women with migraine headaches are more likely to develop complications, and their babies are at higher risk for complications early after birth, too, a large study from Denmark suggests. Using Danish registries, researchers identified 22,841 preg

Published 01 Jul, 2019 12:00am

Vitamin deficiencies may be only sign of celiac disease

Adults with undiagnosed celiac disease often have nutrient deficiencies as the only sign of the condition, researchers say. Doctors often look for typical signs like unexplained weight loss or extreme thinness, but the hallmark signal of celiac disease ma

Published 01 Jul, 2019 12:00am

Yes, counting steps might make you healthier

People who track their daily steps may not only be more active, they may also be less likely to develop health problems that lead to events like heart attacks or broken bones, a new study suggests. Researchers examined data on 1,297 participants from clin

Published 01 Jul, 2019 12:00am

Global warming = more energy use = more warming

Even modest climate change will increase global energy demand by up to a quarter before mid-century, and by nearly 60 percent if humanity fails to curb greenhouse gas emissions, researchers said on Monday. To the extent this energy comes from fossil fuels

Published 01 Jul, 2019 12:00am

Robots to take 20 million jobs, worsening inequality: study

Robots are expected to take over some 20 million manufacturing jobs worldwide by 2030, extending a trend of worsening social inequality while boosting overall economic output, a new study shows. The forecast set to be released Wednesday highlights growing

Published 01 Jul, 2019 12:00am

Mass Deployments of IoT Solutions Transforming China: GSMA

Chinese mobile operators are leading the world in the deployment of transformative Internet of Things (IoT) solutions, the GSMA announced on June 26. By connecting the estimated 960 million 1 devices via cellular networks, the country is realising the val

Published 01 Jul, 2019 12:00am

Philippine telecom to launch Huawei-backed 5G service

The Philippines' Globe Telecom said Friday it will launch Southeast Asia's first 5G broadband service next month using Huawei technology, despite US blacklisting of the Chinese giant over cybersecurity concerns. The system uses wireless radios instead of

Published 01 Jul, 2019 12:00am

Five things to know about the selfie economy

Long dismissed as a symptom of narcissistic youth culture, the not-so-humble selfie has become big business. As hotels vie to become the next viral hotspot and new technology is developed to cater to those searching for that perfect picture of themselves,

Published 01 Jul, 2019 12:00am

China's Didi expands partnership with GAC Group

Chinese ride-hailing giant Didi Chuxing said on Wednesday it would expand its partnership with Guangzhou Automobile Group Co Ltd (GAC Group) to areas such as ride-hailing operations and autonomous driving. China's largest ride-hailing firm and Guangzhou-b

Published 01 Jul, 2019 12:00am

Bombardier to sell regional jet business to Mitsubishi for $550 million

Canadian plane and train maker Bombardier Inc will sell its money-losing regional jet business to Japan's Mitsubishi Heavy Industries Ltd for $550 million in cash, the companies said on Tuesday. Montreal-based Bombardier has been selling some of its busin

Published 01 Jul, 2019 12:00am

FedEx profit beats estimates, warns of pain in 2020 from trade war

Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned that US-China trade tensions and the non-renewal of its contract with Amazon.com Inc would hurt its fiscal 2020 performance.

Published 01 Jul, 2019 12:00am

FedEx profit beats estimates, warns of pain in 2020 from trade war

Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned that US-China trade tensions and the non-renewal of its contract with Amazon.com Inc would hurt its fiscal 2020 performance.

Published 01 Jul, 2019 12:00am

H&M early summer sales shine

Swedish fashion group H&M said sales of its summer collections had started well and it would slow the rate of store openings as it invests more online, boosting its shares by 10 percent. The world's second-biggest fashion retailer after Zara owner Inditex

Published 01 Jul, 2019 12:00am

Regulators urged to work together for returning 737 MAX to service

Airlines on Thursday urged global regulators to coordinate on measures needed to bring the grounded 737 MAX jetliner back into service, as Boeing grappled with a new technical glitch and investors sold shares of suppliers over fears of more disruption.

Published 01 Jul, 2019 12:00am

Toyota to invest $2 billion for developing electric vehicles in Indonesia

Toyota Motor Corp plans to invest $2 billion to develop electric vehicles (EVs) in Indonesia over the next four years, starting with hybrid vehicles, Indonesia's coordinating ministry for maritime affairs said.

Published 01 Jul, 2019 12:00am

BMW vows to rev up electric car rollout

German high-end carmaker BMW said on Tuesday it would accelerate its plans to build new electric models, as the whole industry comes under pressure to meet strict emissions regulations. The Munich-based manufacturer will offer 25 electrified vehicles in 2

Published 01 Jul, 2019 12:00am

Exchange

Unilever to cut 300 jobs

Unilever said on Tuesday it would close its ice cream manufacturing facility in Henderson, Nevada, resulting in 300 people losing their jobs. The plant manufactures ice cream and frozen novelties for brands including Ben and Jerry's, Breyers, Magnum, Pops

Published 01 Jul, 2019 12:00am

Air Canada to buy tour operator Transat

Canada's flagship airline Air Canada announced on Thursday it has reached a deal to buy tour operator Transat for Can$520 million (US$396 million) in cash or Can$13 per share. The deal unanimously supported by Transat's board still requires regulatory and

Published 01 Jul, 2019 12:00am

Saudi Aramco can meet customers' demand despite Gulf tension: CEO

Saudi Aramco can meet the oil needs of customers using its spare capacity despite developments in the Gulf that are a cause for concern, the head of the state-run energy giant said on Tuesday. Attacks in May and June on oil tankers near the Strait of Horm

Published 01 Jul, 2019 12:00am

China's Didi expands partnership with GAC Group

Chinese ride-hailing giant Didi Chuxing said on Wednesday it would expand its partnership with Guangzhou Automobile Group Co Ltd (GAC Group) to areas such as ride-hailing operations and autonomous driving. China's largest ride-hailing firm and Guangzhou-b

Published 01 Jul, 2019 12:00am

Bombardier to sell regional jet business to Mitsubishi for $550 million

Canadian plane and train maker Bombardier Inc will sell its money-losing regional jet business to Japan's Mitsubishi Heavy Industries Ltd for $550 million in cash, the companies said on Tuesday. Montreal-based Bombardier has been selling some of its busin

Published 01 Jul, 2019 12:00am

FedEx profit beats estimates, warns of pain in 2020 from trade war

Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned that US-China trade tensions and the non-renewal of its contract with Amazon.com Inc would hurt its fiscal 2020 performance.

Published 01 Jul, 2019 12:00am

FedEx profit beats estimates, warns of pain in 2020 from trade war

Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned that US-China trade tensions and the non-renewal of its contract with Amazon.com Inc would hurt its fiscal 2020 performance.

Published 01 Jul, 2019 12:00am

H&M early summer sales shine

Swedish fashion group H&M said sales of its summer collections had started well and it would slow the rate of store openings as it invests more online, boosting its shares by 10 percent. The world's second-biggest fashion retailer after Zara owner Inditex

Published 01 Jul, 2019 12:00am

Regulators urged to work together for returning 737 MAX to service

Airlines on Thursday urged global regulators to coordinate on measures needed to bring the grounded 737 MAX jetliner back into service, as Boeing grappled with a new technical glitch and investors sold shares of suppliers over fears of more disruption.

Published 01 Jul, 2019 12:00am

Toyota to invest $2 billion for developing electric vehicles in Indonesia

Toyota Motor Corp plans to invest $2 billion to develop electric vehicles (EVs) in Indonesia over the next four years, starting with hybrid vehicles, Indonesia's coordinating ministry for maritime affairs said.

Published 01 Jul, 2019 12:00am

BMW vows to rev up electric car rollout

German high-end carmaker BMW said on Tuesday it would accelerate its plans to build new electric models, as the whole industry comes under pressure to meet strict emissions regulations. The Munich-based manufacturer will offer 25 electrified vehicles in 2

Published 01 Jul, 2019 12:00am

Exchange

Unilever to cut 300 jobs

Unilever said on Tuesday it would close its ice cream manufacturing facility in Henderson, Nevada, resulting in 300 people losing their jobs. The plant manufactures ice cream and frozen novelties for brands including Ben and Jerry's, Breyers, Magnum, Pops

Published 01 Jul, 2019 12:00am

Air Canada to buy tour operator Transat

Canada's flagship airline Air Canada announced on Thursday it has reached a deal to buy tour operator Transat for Can$520 million (US$396 million) in cash or Can$13 per share. The deal unanimously supported by Transat's board still requires regulatory and

Published 01 Jul, 2019 12:00am

Saudi Aramco can meet customers' demand despite Gulf tension: CEO

Saudi Aramco can meet the oil needs of customers using its spare capacity despite developments in the Gulf that are a cause for concern, the head of the state-run energy giant said on Tuesday. Attacks in May and June on oil tankers near the Strait of Horm

Published 01 Jul, 2019 12:00am

France nudges up 2020 deficit forecast to 2.1 percent

France expects its public sector deficit to reach 2.1% of economic output next year, up from the 2.0% forecast prior to tax cuts promised in response to the "yellow vest" protest movement, a government budget projection showed on Sunday.

Published 01 Jul, 2019 12:00am

Japanese fleet prepares to resume commercial whaling

Japanese whaling ships prepared on Sunday to set to sea, with crews gathering on decks in a northern port a day ahead of Japan's first commercial whaling hunt in more than 30 years. Japan announced last year it was leaving the International Whaling Commis

Published 01 Jul, 2019 12:00am

Opec set for oil cut extension if Iran endorses pact

Opec and its allies look set to extend oil supply cuts next week at least until the end of 2019 as Iraq joined top producers Saudi Arabia and Russia on Sunday in endorsing a policy aimed at propping up the price of crude amid a weakening global economy.

Published 01 Jul, 2019 12:00am

India asks its states not to partner with Philip Morris-funded foundation

India's health ministry has asked all state governments in the country not to partner with the Foundation for a Smoke-Free World (FSFW) because of its links to tobacco giant Philip Morris International Inc, a letter seen by Reuters showed.

Published 01 Jul, 2019 12:00am

Exchange

West African states adopt flexible FX regime for regional trade

West African nations have adopted a flexible currency regime after making considerable progress on plans for a single currency but the bloc would first need to set up a monetary union as it strives for regional integration. Heads of State of the 15-member

Published 01 Jul, 2019 12:00am

BIS urges central banks to 'conserve fuel'

The Bank of International Settlements on Sunday called on countries to lighten pressure on the world's central banks and to conserve fuel in case of more serious economic downturns ahead. Presenting the annual report of the Basel-based BIS, considered the

Published 01 Jul, 2019 12:00am

Bangladesh raises natural gas price by about 33 percent

The state-run Bangladesh Energy Regulatory Commission (BERC) on Sunday raised natural gas prices by 32.8% on average for all users effective from July 1, the first day of country's fiscal year, the head of the Commission said. "The price has been hiked on

Published 01 Jul, 2019 12:00am

'Good chance' for more US exports to Huawei: Trump aide

As the United States and China pursue trade talks, there is a "good chance" that more US firms will be granted licenses to sell products to controversial Chinese telecoms giant Huawei, White House economic advisor Larry Kudlow said Sunday.

Published 01 Jul, 2019 12:00am

Qatar buys Lebanese bonds as part of $500 million investment in economy

Qatar has bought some Lebanese government bonds as part of a planned $500 million investment to support Lebanon's struggling economy, a Qatari government official told Reuters on Sunday. Such an investment would be a boost for heavily indebted Lebanon as

Published 01 Jul, 2019 12:00am

Qatar buys Lebanese bonds as part of $500 million investment in economy

Qatar has bought some Lebanese government bonds as part of a planned $500 million investment to support Lebanon's struggling economy, a Qatari government official told Reuters on Sunday. Such an investment would be a boost for heavily indebted Lebanon as

Published 01 Jul, 2019 12:00am

Deutsche Bank in wealth management hiring spree

Deutsche Bank plans to hire 300 more relationship and investment mangers for its wealth management business by 2021, as part of a plan to bulk up in areas the German lender hopes will bring steadier revenue streams. Deutsche Bank is in the middle of a maj

Published 01 Jul, 2019 12:00am

Oil production cuts weigh on Saudi growth in Q1

Saudi Arabia's economic growth more than halved on a quarterly basis to 1.66% in the first quarter of this year, in line with expectations of only a modest pick up as oil production cuts weigh on the world's top crude exporter.

Published 01 Jul, 2019 12:00am

Currency

US bitcoin ATM operator to add Dai stablecoin, launch remittance service

Coinsource, a Texas-based bitcoin ATM operator, will make the Dai stablecoin available on its machines this summer, in preparation for the launch of a full remittance service, a company official told Reuters.

Published 01 Jul, 2019 12:00am

Exchange

Back to the futures: fearing another crash, investors pile into EU derivatives

Investors are piling into European equity futures at a record pace, preferring derivatives to cash markets, in a sign they are worried the market is hurtling towards a major rout amid concerns about a slowing global economy and the trade war.

Published 01 Jul, 2019 12:00am

European IPO investors show reassuring rationality

Initial public offering bankers typically cite "market conditions" when ropey listings run into trouble. For once there's some truth to that catch-all excuse, with three very different European companies pricing at relatively modest valuations on the same

Published 01 Jul, 2019 12:00am

Exchange

Abu Dhabi Securities Exchange cuts trading commission by up to 90 percent

The Abu Dhabi Securities Exchange (ADX) said on Sunday it was cutting its trading commission fees by between 50% and 90% as it seeks to attract investors into the market. The measure comes amid Abu Dhabi's wider plans to lower costs and reduce barriers fo

Published 01 Jul, 2019 12:00am

Exchange

Trade war truce lifts Gulf markets, Dubai leads gains

Most major Gulf markets gained on Sunday, reacting to positive global market sentiment after the United States and China agreed to a trade war truce at the G20 meeting. The two powers agreed on Saturday to restart trade talks after US President Donald Tru

Published 01 Jul, 2019 12:00am

Era of low sovereign yields to last at least two more years

The era of low sovereign bond yields is not over and any significant pick-up is at least two years away, according to fixed-income strategists in a Reuters poll who are finally shifting away from predictions of higher yields.

Published 01 Jul, 2019 12:00am

Era of low sovereign yields to last at least two more years

The era of low sovereign bond yields is not over and any significant pick-up is at least two years away, according to fixed-income strategists in a Reuters poll who are finally shifting away from predictions of higher yields.

Published 01 Jul, 2019 12:00am

Real estate stocks have room to gain, residential in favor

The once-sleepy US real estate sector could be poised to continue its revival into the second half of 2019 but investors are selective in their bets on property companies. While residential and industrial Real Estate Investment Trusts (REITs) are the most

Published 01 Jul, 2019 12:00am

Green bond issuance surpasses $100 billion so far this year

Global green bond issuance has surpassed the $100 billion mark already this year, the first time the milestone has been reached in the first half of this year, the Climate Bonds Initiative said on Tuesday. Green bonds are a growing category of fixed-incom

Published 01 Jul, 2019 12:00am

Green bond issuance surpasses $100 billion so far this year

Global green bond issuance has surpassed the $100 billion mark already this year, the first time the milestone has been reached in the first half of this year, the Climate Bonds Initiative said on Tuesday. Green bonds are a growing category of fixed-incom

Published 01 Jul, 2019 12:00am

Investors pile into US money funds for nine straight weeks

Investors shifted more cash into money market funds for nine consecutive weeks, suggesting they are somewhat nervous even as Wall Street is hovering at all-time highs, according to a private report released on Wednesday. Assets of money market funds, whic

Published 01 Jul, 2019 12:00am

Investors pile into US money funds for nine straight weeks

Investors shifted more cash into money market funds for nine consecutive weeks, suggesting they are somewhat nervous even as Wall Street is hovering at all-time highs, according to a private report released on Wednesday. Assets of money market funds, whic

Published 01 Jul, 2019 12:00am

Wall Street week ahead: halfway through 2019, tech leads on Wall Street

Technology stocks are Wall Street's top performers as 2019 hits half-way, with investors betting on lower interest rates, although Apple and chipmakers face turbulence related to the US-China trade war. The S&P 500 information technology index has surged

Published 01 Jul, 2019 12:00am

Sea-Watch captain defends 'disobedience' as backers raise 500,000 euros

Sea-Watch 3 skipper Carola Rackete, who risks jail time for forcing her way into Italy's Lampedusa port with 40 rescued migrants, has defended her act of "disobedience", saying she was compelled to avert a human tragedy. "It wasn't an act of violence, but

Published 01 Jul, 2019 12:00am

Four murdered in London including pregnant woman

London Mayor Sadiq Khan said police were working around the clock after four people were murdered in a bloody 28-hour period for Britain's capital, including a heavily pregnant woman who was stabbed to death. Kelly Mary Fauvrelle, 26, was around eight mon

Published 01 Jul, 2019 12:00am

Mass protests for civilian rule rock Sudan

Tens of thousands of protesters rallied across Sudan on Sunday against the ruling generals as demonstrators marched on the presidential palace in Khartoum, in the biggest mass demonstration since a deadly crackdown on demonstrators. The "million-man" marc

Published 01 Jul, 2019 12:00am

Spain wildfire triggers more evacuations

Spanish authorities ordered the evacuation Sunday of around 40 people and closed four roads as a raging wildfire advanced in the centre of the country amid scorching temperatures. Police ordered residents to flee their homes outside the town of Villa del

Published 01 Jul, 2019 12:00am

Taliban bombers kill 19, including Afghan election workers

Taliban bombers targeting a district centre in southern Afghanistan have killed at least 19 people, including eight election workers, officials said on Sunday. The attack comes as a new round of talks between the United States and the Taliban to end the 1

Published 01 Jul, 2019 12:00am

Bodies of drowned migrant man, daughter back in El Salvador

The bodies of a man and his young daughter who drowned while trying to cross the Rio Grande from Mexico to the United States were returned on Sunday to their native El Salvador. A shocking photo of the lifeless bodies of Oscar Alberto Martinez, who was 25

Published 01 Jul, 2019 12:00am

Six Turks held in Libya by forces linked to strongman Haftar

Turkey said Sunday six of its nationals were being held by forces of Libyan strongman Khalifa Haftar after earlier warning Ankara was ready to retaliate against attacks. Haftar has ordered attacks on Turkish ships and interests after he recently lost grou

Published 01 Jul, 2019 12:00am

Thousands protest in Brazil in support of justice minister

Thousands protested in Brazil on Sunday in support of Justice Minister Sergio Moro, who is battling claims he conspired with prosecutors on his anti-corruption drive to keep former leader Luis Inacio Lula da Silva from another presidential run. Moro, who

Published 01 Jul, 2019 12:00am

Togo votes in first local elections in over 30 years

Togo Sunday held its first local elections in 32 years - during which a single family has ruled the West African nation - with most opposition parties taking part after boycotting 2018 parliamentary polls. The elections "mark a major advance in the establ

Published 01 Jul, 2019 12:00am

EU top jobs summit in trouble as compromise fails

European leaders embarked on what could prove a long night of furious debate Sunday as a bid to find compromise on Brussels' top jobs ran into stiff opposition. France's President Emmanuel Macron and Germany's Chancellor Angela Merkel came to Brussels aft

Published 01 Jul, 2019 12:00am

Prices of essential food items witness mixed trend

Mixed trend in prices of essential food commodities, including vegetable, pulses, fruits, sugar, flour, chicken meat and other was witnessed in retail market, according to survey conducted by Business Recorder here on Sunday. The survey noticed the

Published 01 Jul, 2019 12:00am

Man arrested for killing transgender

A transgender person 'Maya' has been allegedly killed by his father and thrown the body near Kabul River in Khat Qila area of Nowshera, police sources said on Sunday. Police have arrested the father of the 19-year old transgender person 'Maya' and started

Published 01 Jul, 2019 12:00am

Performance of medical colleges to be evaluated annually: PMDC

Pakistan Medical and Dental Council (PMDC) has planned to evaluate the performance of all public and private medical and dental colleges to have their annual quality categorization and pointing out loopholes in the system.

Published 01 Jul, 2019 12:00am

'We are twice as efficient as other Karachi ports' an interview with Captain Syed Rashid Jamil, Head of Business Unit, Hutchison Ports Pakistan

Hutchison Ports is the world's leading port network spread across 27 countries globally, including Pakistan. BR Research sat down with their General Manager and Head of Business Unit, Captain Syed Rashid Jamil to talk about Hutchison Ports' operations in

Published 01 Jul, 2019 12:00am

'We are twice as efficient as other Karachi ports' an interview with Captain Syed Rashid Jamil, Head of Business Unit, Hutchison Ports Pakistan

Hutchison Ports is the world's leading port network spread across 27 countries globally, including Pakistan. BR Research sat down with their General Manager and Head of Business Unit, Captain Syed Rashid Jamil to talk about Hutchison Ports' operations in

Published 01 Jul, 2019 12:00am

Cotton

Farmers may launch protest across country

The farmer's community has hinted launching a countrywide protest against the government's failure to meet their demands regarding reducing input costs and providing other incentives to the agriculture sector. Pakistan Kissan Ittehad (PKI), farmers' repre

Published 01 Jul, 2019 12:00am

Government urged not to register new rickshaw & Qingqi

Auto-rickshaws owners and drivers demanded of the provincial Excise, Taxation and Narcotics Control department to stop registration of new auto-rickshaws and qingqi, which were causing traffic mess in the provincial capital, what they termed the policy wa

Published 01 Jul, 2019 12:00am

New chairman Senate: agreement on finalising candidature a challenging task

Agreement on finalising the candidature for new chairman Senate would be a challenging task for the two major political parties -Pakistan Muslim League-Nawaz (PML-N) and Pakistan People's Party (PPP). The removal would be subject to the finalization of th

Published 01 Jul, 2019 12:00am

Blood donation camp

A blood donation camp was organised by joint efforts of UNHCR and Hamza Foundation welfare thalassemia hospital and Blood Services Peshawar at University Town Peshawar. The main purpose of the blood donation camp was to collect blood from healthy individu

Published 01 Jul, 2019 12:00am

Dehydration unit setup: SMEDA offers financial assistance to business community

Small & Medium Enterprises Development Authority (SMEDA) has offered financial assistance to the business community in southern districts of Khyber Pakhtunkhwa for establishing fruit, vegetable and meat dehydration units under its Economic Revitalization

Published 01 Jul, 2019 12:00am

ANP leader's murder case registered

Local police on Sunday registered a murder case of the Awami National Party (ANP) district Peshawar president Sartaj Khan, who was killed by unknown motorcycle riders in Peshawar on Saturday. The case was registered by Gulbahar Police Station on the compl

Published 01 Jul, 2019 12:00am

KP health policy approved, says minister

KP Minister for Health, Dr Hisham Inamullah Khan has said that the provincial government has recently approved health policy and health strategic plan ((2019-25) to provide better health facilities to the people. He was addressing at the first quarterly r

Published 01 Jul, 2019 12:00am

Fish exports shrink 4.11 percent to $406 million

The exports of fish and its preparations decreased by 4.11 percent during the fiscal year 2018-19 as compared to the corresponding period of last year. The seafood exports during July-May (2018-19) were recorded at $406.565 million against the exports of

Published 01 Jul, 2019 12:00am

Rs 5 billion plan to track agriculture sector on modern lines

The Agriculture department said on Sunday that a well knitted plan costing over Rs 5 billion has been chalked out for putting agri-sector on modern lines. Sources in the department told Business Recorder that the basic concept of plan was to improv

Published 01 Jul, 2019 12:00am

Six killed in Mansehra road mishap

Six people were killed while four others including women injured when a vehicle of a wedding party fell into a deep ravine in Garhi Habibullah area of the district Mansehra on Saturday night. According to the police, a jeep that was part of a convoy of ve

Published 01 Jul, 2019 12:00am

Train fares to go up from today

Pakistan Railways (PR) will increase the fares of passenger and inter-city passenger trains from 2 percent to 8.5 percent from July 1st. According to a PR spokesman, the increase in the fares has been done through a rational way after the careful study of

Published 01 Jul, 2019 12:00am

KP tax, non-tax receipts for FY20 to stand at Rs 53.4 billion

The provincial government of Khyber Pakhtunkhwa will collect an estimated amount of Rs 53.4 billion in head of tax and non-tax receipts during financial year 2019-20, said White Paper on KP Budget. The provincial government in head of tax receipt will col

Published 01 Jul, 2019 12:00am

Agriculture department seeks to reclaim water-logged, saline land

The agriculture department is paying special attention on reclamation of the land badly affected by water-logging and salinity in various districts of Punjab.

Published 01 Jul, 2019 12:00am

No justification for demand of mid-term elections: Qureshi

Foreign Minister Makhdoom Shah Mehmood Qureshi said on Sunday that the demand of mid-term elections was unjustified. Talking to the media in Jahanian, he said that general elections held in recent past, hardly one year ago, and there was no justification

Published 01 Jul, 2019 12:00am

Dolphin force to ensure safety of tourists in Murree: Buzdar

On special instructions of Chief Minister Punjab Sardar Usman Buzdar, Dolphin Force has been deployed in Murree on Sunday, who started patrolling in streets in order to ensure safety of citizens and tourists.

Published 01 Jul, 2019 12:00am

Sialkot industrial sector needs: PRGMEA demands constitution of task force

Chief Coordinator Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Ijaz A Khokhar has urged the government to constitute a Special Task Force for conducting a detailed study and ascertaining the basic needs Sialkot-based indust

Published 01 Jul, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 31	278.65
USD PKR Interbank Buying / Dec 31	278.45
USD to Japanese Yen / Dec 31	156.20
USD to Swiss Franc / Dec 31	0.90
Pound Sterling to USD / Dec 31	1.26
Euro to USD / Dec 31	1.04

Stock	Volume
S&P 500 / Dec 30	5,906.94
Tokyo Nikkei / Dec 30	39,894.54
Nasdaq / Dec 30	19,486.79
Dow Jones / Dec 30	42,573.73
Germany DAX 30 / Dec 30	19,909.14
India Sensex / Dec 31	78,017.14
Hang Seng / Dec 31	20,059.95
FTSE 100 / Dec 31	8,125.32

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 30	17,785
Gold 10 Grams PKR / Dec 30	241,430.80
Petrol/Litre / Dec 31	252.10
Crude Oil USD/Barrel / Dec 31	71.59
Gold Spot USD/Ounce / Dec 31	2,605.88
Diesel/Litre / Dec 31	255.38

Stock	Price
Hira Textile / Dec 31 Hira Textile Mills Limited(HIRAT)	3.75 ▲ 0.45 (13.64%)
Pace (Pak) Ltd. / Dec 31 Pace (Pakistan) Limited(PACE)	8.33 ▲ 1.00 (13.64%)
Tariq Corp.Pref. / Dec 31 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.88 ▲ 0.88 (12.57%)
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	9.38 ▲ 1.00 (11.93%)
Gulshan Sp. / Dec 31 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.47 (11.75%)
Sec. Inv. Bank / Dec 31 Security Investment Bank Limited(SIBL)	9.99 ▲ 1.00 (11.12%)
LSE Financial Serv. / Dec 31 LSE Financial Services Limited(LSEFSL)	15.70 ▲ 1.43 (10.02%)
Sindh Abadgar / Dec 31 Sindh Abadgar's Sugar Mills Limited(SASML)	39.33 ▲ 3.58 (10.01%)
Ali Asghar / Dec 31 Ali Asghar Textile Mills Limited(AATM)	65.45 ▲ 5.95 (10.00%)

Stock	Price
First Capital Equities / Dec 31 First Capital Equities Limited(FCEL)	5.12 ▼ -0.98 (-16.07%)
Pak Agro Pack. (GEM) / Dec 31 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.60 ▼ -0.90 (-10.59%)
Nimir Resins / Dec 31 Nimir Resins Limited(NRSL)	30.76 ▼ -3.42 (-10.01%)
Frontier Ceram / Dec 31 Frontier Ceramics Limited(FRCL)	42.91 ▼ -4.77 (-10.00%)
Fateh Sports / Dec 31 Fateh Sports Wear Limited(FSWL)	78.50 ▼ -8.72 (-10.00%)
Khairpur Sug. / Dec 31 Khairpur Sugar Mills Limited(KPUS)	203.81 ▼ -22.65 (-10.00%)
Noon Sugar / Dec 31 Noon Sugar Mills Limited(NONS)	81.31 ▼ -9.03 (-10.00%)
Shahmurad Sugar / Dec 31 Shahmurad Sugar Mills Limited(SHSML)	425.82 ▼ -47.31 (-10.00%)
Gammon Pak / Dec 31 Gammon Pakistan Limited(GAMON)	45.59 ▼ -5.06 (-9.99%)

Stock	Volume
Cnergyico PK / Dec 31 Cnergyico PK Limited(CNERGY)	212,308,919 ▲ 0.42
WorldCall Telecom / Dec 31 Worldcall Telecom Limited(WTL)	111,551,930 ▼ -0.05
B.O.Punjab / Dec 31 The Bank of Punjab(BOP)	84,182,656 ▲ 0.28
Pace (Pak) Ltd. / Dec 31 Pace (Pakistan) Limited(PACE)	66,177,767 ▲ 1.00
Fauji Foods Ltd / Dec 31 Fauji Foods Limited(FFL)	55,597,038 ▲ 0.69
Pak Refinery / Dec 31 Pakistan Refinery Limited(PRL)	50,017,805 ▲ 3.54
Silk Bank Ltd / Dec 31 Silkbank Limited(SILK)	48,777,302 ▼ -0.02
K-Electric Ltd. / Dec 31 K-Electric Limited(KEL)	45,320,218 ▲ 0.24
Pak Elektron / Dec 31 Pak Elektron Limited(PAEL)	36,348,761 ▼ -0.91

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