News Archives for Print - 2019-07-15

The Weather

The weather report on Sunday (July 14, 2019) and the forecast for Monday (July 15, 2019).

Published 15 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 15 Jul, 2019 12:00am

Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (July 8 to 12, 2019).

Published 15 Jul, 2019 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 15 Jul, 2019 12:00am

Huge power outage that plunged Manhattan into darkness ends

A power outage that gripped New York's Manhattan ended on Saturday after it plunged Broadway theaters into darkness, brought subways to a halt and flicked off billboards in Times Square. About 42,000 customers lost electricity in the early evening, accord

Published 15 Jul, 2019 12:00am

Most Germans say Merkel's health is a personal issue

Nearly 60 percent of Germans feel that Chancellor Angela Merkel's bouts of uncontrolled shaking are a personal matter, according to a survey published on Saturday. A poll published in the Augsburger Allgemeinen newspaper found that 59 percent of those que

Published 15 Jul, 2019 12:00am

Monsoon destroys 5,000 shelters in BD Rohingya camps

At least 10 people have died and thousands of shanty homes have been destroyed by monsoon rains in overcrowded Rohingya refugee camps in Bangladesh's southeast, officials said Sunday. Bangladesh's meteorological department said the Cox's Bazar district -

Published 15 Jul, 2019 12:00am

Armed man dead after attacking US immigration jail

An armed man who attacked a US immigration detention facility with "incendiary devices" has been shot dead after a confrontation with police in the northwestern city of Tacoma, authorities said. Officers arrived at the Northwest Detention Center early Sat

Published 15 Jul, 2019 12:00am

Syria gas pipeline hit by sabotage attack

A new sabotage attack has hit a gas pipeline in Syria, state media reported Sunday, putting it out of service in the latest setback to the country's troubled energy sector. The official news agency SANA denounced what it called a "terrorist act", without

Published 15 Jul, 2019 12:00am

EU opens new mission in Kuwait

The EU's diplomatic chief Federica Mogherini said Sunday the bloc is increasing its engagement in the Middle East, as she opened a new mission in Kuwait City. The office in Kuwait's tallest skyscraper is the third such EU mission in the Gulf, after Riyadh

Published 15 Jul, 2019 12:00am

Migrants in fear as US raids reportedly begin

Thousands of undocumented immigrants waited in uncertainty Sunday, fearful of nationwide raids that President Donald Trump said would lead to a wave of expulsions. Even as news media said the raids were underway, Trump added to the divisive debate on migr

Published 15 Jul, 2019 12:00am

European powers urge talks, end to escalation in Iran N-crisis

Three key European powers on Sunday called for dialogue and an end to the escalation over Iran's nuclear programme, as tensions further intensified between Tehran and the United States. The statement by the leaders of Britain, France and Germany expressed

Published 15 Jul, 2019 12:00am

Former Bangladesh military dictator Ershad dies

Former Bangladesh military dictator Hussain Muhammad Ershad died Sunday aged 89, after weeks in a Dhaka hospital, officials said. General Ershad ruled Bangladesh for nearly a decade before being ousted from power in a pro-democracy upsurge in 1990 and was

Published 15 Jul, 2019 12:00am

Korean women crushed 64-0 by Hungary at world water polo

South Korea's women suffered a record 64-0 defeat by Hungary in water polo as the hosts marked their world championship debut with an unwanted slice of history. A rampant Hungary side buried the hapless Koreans in an avalanche of goals - 34 in the first h

Published 15 Jul, 2019 12:00am

Senegal reach Cup of Nations final as own goal sinks Tunisia

Senegal reached the Africa Cup of Nations final for the second time with a Dylan Bronn own goal giving them a 1-0 win over Tunisia on Sunday in a tense last-four clash in Cairo. With 11 minutes gone in extra time, goalkeeper Mouez Hassen pushed a free-kic

Published 15 Jul, 2019 12:00am

Chan and Dodig win Wimbledon mixed doubles title

Taiwan's Latisha Chan and Croatian Ivan Dodig made it back to back Grand Slam successes, clinching the Wimbledon mixed doubles title in a 6-2, 6-3 win over Swede Robert Lindstedt and Jelena Ostapenko of Latvia on Sunday. Chan and Dodig have become a power

Published 15 Jul, 2019 12:00am

Djokovic takes fifth Wimbledon title in record-breaking final

Novak Djokovic saved two match points to clinch a fifth Wimbledon title and 16th major on Sunday, shattering Roger Federer's bid to become the oldest Grand Slam champion in the longest final ever played at the tournament. Despite being outplayed by the 37

Published 15 Jul, 2019 12:00am

Neymar renews war of words with PSG, hailing Barcelona

Neymar fired another shot in his battle with Paris Saint-Germain after saying his favourite football memory is Barcelona's incredible 2017 comeback win over PSG, which Neymar helped inflict on his current club. Asked by online sports channel Oh My Goal ab

Published 15 Jul, 2019 12:00am

Maxwell, Stoinis out of Ashes calculations

All-rounders Glenn Maxwell and Marcus Stoinis have been excluded from a 25-player squad for an intra-Australia clash that will go a long way to deciding the makeup of Tim Paine's Ashes side. Both Maxwell and Stoinis had a disappointing World Cup during Au

Published 15 Jul, 2019 12:00am

Hamilton wins record sixth British GP, extends F1 lead

Lewis Hamilton made the most of a favourable safety car intervention on Sunday to claim a record sixth British Grand Prix victory at a packed Silverstone. The defending five-time world champion clocking fastest lap on his final lap to finish 25 seconds cl

Published 15 Jul, 2019 12:00am

Valencia sign Uruguay striker Maxi Gomez

Uruguayan international Maxi Gomez has joined Valencia from Celta Vigo, the promising striker's new La Liga club announced on Sunday. "I'm very happy to come to Valencia, it's a very big club," the 22-year-old told the club website. "It's very nice to be

Published 15 Jul, 2019 12:00am

Amanatullah, former captain of Inland Customs hockey, dies

Former captain of Inland Customs Hockey team and famous hockey player Amanatullah Lodhi has passed away in New Jersey, USA, report received from iPhone, here on Sunday.

Published 15 Jul, 2019 12:00am

England win Cricket World Cup after Super Over drama

England won the World Cup for the first time as they beat New Zealand in a dramatic Super Over after a nerve-shredding final ended in a tie at Lord's on Sunday. After Eoin Morgan's side finished on 241 all out in pursuit of New Zealand's 241-8, the final

Published 15 Jul, 2019 12:00am

Study finds possible link between sugary drinks and cancer

People who drink a lot of sugary drinks have a higher risk of developing cancer, although the evidence cannot establish a direct causal link, researchers said on Thursday. The findings of a large study in France do suggest, however, that limiting intake o

Published 15 Jul, 2019 12:00am

Few supplements have proven heart benefits

Few nutritional supplements can protect people from developing or dying from cardiovascular disease, and some may actually be harmful, a research review suggests. Researchers examined data from 277 trials with a total of almost one million participants to

Published 15 Jul, 2019 12:00am

Some teens who exercise to build muscle might have eating disorders

Some teens who see themselves as puny and exercise to gain weight may be more likely to develop so-called muscularity-related eating disorders, a US study suggests. This type of disordered eating typically involves eating more or differently to gain weigh

Published 15 Jul, 2019 12:00am

Deforestation + climate change = dead end for wildlife

Climate change combined with galloping tropical deforestation is cutting off wildlife from life-saving cooler climes, heightening the risk of extinction, researchers said on Monday. Less than two-fifths of forests across Latin America, Asia and Africa cur

Published 15 Jul, 2019 12:00am

China firm microchips bedsheets after cleaning scandals

Bugs in the bed might be the last thing guests want from a hotel stay, but a new microchipping service in China that tracks every sheet and towel has proved popular online. A laundry service catering to hotels in the central Chinese city of Wuhan has star

Published 15 Jul, 2019 12:00am

Brazil on target with 5G tests, but falling behind neighbours: Huawei

China's Huawei Technologies Co Ltd expects to lead 5G development in Brazil, but sees some challenges for the country to catch up with other Latin American markets in deploying the ultrafast service, an executive told Reuters. The world's largest telecoms

Published 15 Jul, 2019 12:00am

LiDAR expands presence in APAC region with security installation

Quanergy Systems, Inc, a leading provider of LiDAR (Light Detection and Ranging) sensors and smart sensing solutions on July 8 announced that its proprietary LiDAR perimeter security system, QORTEX DTC(tm) (Detection, Tracking, Classification) Solution, w

Published 15 Jul, 2019 12:00am

Instagram will introduce new features to curb online bullying

Instagram will introduce new features aimed at curbing online bullying, the Facebook-owned platform announced Monday, as social media giants face increased scrutiny over the harassment faced by many users. There have been growing calls around the world fo

Published 15 Jul, 2019 12:00am

ABB's Voser battles headwinds as pursues overhaul, new CEO

ABB is pressing ahead with a review of its underperforming businesses and expects a customer slowdown and China-US trade tensions to mean a turbulent year, its Chairman and interim Chief Executive Peter Voser told Reuters. The Swiss engineering company is

Published 15 Jul, 2019 12:00am

TCS Q1 profit beats on banking boost

Tata Consultancy Services Ltd , India's biggest software services company, said on Tuesday its first-quarter profit beat estimates, helped by a strong performance from its key banking, financial services and insurance (BFSI) segment.

Published 15 Jul, 2019 12:00am

ArcelorMittal to cut 2,000 jobs in South Africa

Global steel giant ArcelorMittal said on Wednesday it could slash nearly a quarter of its workforce in South Africa in a bid to curb costs as it expects to fall into the red in the first six months of this year. "A large-scale restructuring is contemplate

Published 15 Jul, 2019 12:00am

Volvo solves autonomous revenue riddle with package deals

Swedish truckmaker AB Volvo's first commercial autonomous truck deal shows how it is bundling services to generate revenue from a technology that is years away from wide deployment. Driverless transportation has been hailed as a transformative revenue opp

Published 15 Jul, 2019 12:00am

China autos brace for another annual contraction, sales shrink in June

China is likely to see vehicle sales drop again this year as opposed to earlier expectations for zero growth, the country's biggest auto industry association said, after it unveiled data showing the sector contracted for a 12th straight month in June. The

Published 15 Jul, 2019 12:00am

Cisco to buy optical gear maker Acacia for $2.8 billion

Network gear maker Cisco Systems Inc said on Tuesday it would buy optical component maker Acacia Communications Inc for $2.84 billion in cash, as it seeks to garner a bigger chunk of 5G spending by telecom companies. Globally, mobile networks would need h

Published 15 Jul, 2019 12:00am

Cisco to buy optical gear maker Acacia for $2.8 billion

Network gear maker Cisco Systems Inc said on Tuesday it would buy optical component maker Acacia Communications Inc for $2.84 billion in cash, as it seeks to garner a bigger chunk of 5G spending by telecom companies. Globally, mobile networks would need h

Published 15 Jul, 2019 12:00am

Currency

PepsiCo results beat estimates on demand for sodas, chips

PepsiCo Inc's quarterly revenue and profit beat Wall Street estimates on Tuesday, boosted by higher sales of its traditional Pepsi soda as well as snacks Lay's and Dorito chips. Beverage sales rose in the quarter as the company's packaging strategy to mov

Published 15 Jul, 2019 12:00am

Currency

PepsiCo results beat estimates on demand for sodas, chips

PepsiCo Inc's quarterly revenue and profit beat Wall Street estimates on Tuesday, boosted by higher sales of its traditional Pepsi soda as well as snacks Lay's and Dorito chips. Beverage sales rose in the quarter as the company's packaging strategy to mov

Published 15 Jul, 2019 12:00am

Currency

QNB posts 4 percent increase in first-half net profit

Qatar National Bank, the biggest lender in the Gulf region, posted a 4% increase in first-half net profit as loans grew, it said on Wednesday. The bank reported a net profit of 7.4 billion riyals ($1.97 billion) in the six months to June 30, the bank said

Published 15 Jul, 2019 12:00am

Currency

QNB posts 4 percent increase in first-half net profit

Qatar National Bank, the biggest lender in the Gulf region, posted a 4% increase in first-half net profit as loans grew, it said on Wednesday. The bank reported a net profit of 7.4 billion riyals ($1.97 billion) in the six months to June 30, the bank said

Published 15 Jul, 2019 12:00am

Deutsche Bank looks to boost wealth management as part of reinvention

With other parts of its business facing hefty cuts, Deutsche Bank wants to expand its European operations handling the assets of rich clients and take market share from rivals after staunching the outflow of assets. Hiring new client relationship managers

Published 15 Jul, 2019 12:00am

Currency

Czechs go crazy to buy Zero-Euro souvenir banknote

Hundreds of people from home and abroad queued in steady rain in central Prague on Sunday to buy a "Zero Euro" souvenir banknote depicting Czech pop singer Karel Gott in honour of his 80th birthday. Some eager fans and collectors had waited for days, arri

Published 15 Jul, 2019 12:00am

Sterling would rise under Labour government

Sterling would rise if the opposition Labour Party won an election, the party's finance policy chief John McDonnell told the Sunday Times, playing down the idea that a socialist government could trigger capital flight. Britain's prolonged political crisis

Published 15 Jul, 2019 12:00am

Tax-weary Greek traders welcome change of government

"Once my taxes are paid, at the end of the day I have 20 or 25 euros left in my pocket," lamented Greek hairdresser Babis Toumbanos. Like him, there are many entrepreneurs in the country who want the new conservative government that emerged from the July

Published 15 Jul, 2019 12:00am

Huawei planning major job cuts in US

Chinese telecoms giant Huawei, which is subject to US sanctions over concerns about its ties to the government in Beijing, is planning to make major job cuts at its US operations, The Wall Street Journal reported Sunday. The layoffs are expected at Huawei

Published 15 Jul, 2019 12:00am

Pelosi sets spending demands for 2-year budget deal

US House Speaker Nancy Pelosi said on Saturday that a two-year budget agreement with the Trump administration must include equal increases in defense and nondefense spending, plus additional money for a program intended to improve healthcare for military

Published 15 Jul, 2019 12:00am

Taiwan president travels to Haiti to bolster relations

Taiwan's President Tsai Ing-wen visited Haiti on Saturday in an attempt to bolster support in the region after the neighboring Dominican Republic broke diplomatic ties with Taiwan last year. The visit to the Haitian capital of Port-au-Prince is the first

Published 15 Jul, 2019 12:00am

Lufthansa CEO sees no 'Greta Effect' on passenger numbers

German airline Lufthansa expects passenger numbers to rise about 4% this year, its chief executive told a newspaper, playing down talk that public support for teenage climate activist Greta Thunberg might be curbing air travel.

Published 15 Jul, 2019 12:00am

Tanzania's central bank sacks CEO of state-run bank

Tanzania's central bank has removed the chief executive of the state-run TIB Corporate Bank with immediate effect, citing poor performance of the financial institution. Tanzanian lenders are facing increased supervision after a surge in non-performing loa

Published 15 Jul, 2019 12:00am

Malaysia seizes $240 million from Chinese bank account

Malaysia has seized more than 1 billion ringgit ($243.25 million) from a bank account of state-owned China Petroleum Pipeline Engineering Ltd (CPP), the Straits Times newspaper said on Saturday. The seizure comes nearly a year after Malaysia suspended two

Published 15 Jul, 2019 12:00am

Cuba takes first step in railways upgrade with Chinese, Russian help

Cuba's first new train passenger cars in more than four decades set off on their maiden journey across the island on Saturday in what the government hopes will prove a total revamp of its decrepit railway system with help from allies Russia and China. Cub

Published 15 Jul, 2019 12:00am

Israel holds 5G mobile network tender, aims for 2020 launch

Israel launched a tender for fifth-generation (5G) cellular frequencies on Sunday, hoping discounts to cash-strapped mobile phone operators battling fierce competition will entice bids. The telecoms regulator expects three groups to bid, including a combi

Published 15 Jul, 2019 12:00am

Turkey will drill for gas until Greek Cypriots accept plan: minister

Turkey will continue drilling for gas in waters off Cyprus if the internationally recognised Greek Cypriot government does not accept a cooperation proposal put forward by Turkish Cypriots, Ankara's foreign minister said on Sunday.

Published 15 Jul, 2019 12:00am

Exchange

Want to invest responsibly? A new breed of stock exchange aims to help

From renewable energy companies to social housing funds, investors around the world are increasingly drawn to organisations that offer social or environmental as well as financial returns. Now, a new breed of market is springing up from Scotland to India

Published 15 Jul, 2019 12:00am

Exchange

Want to invest responsibly? A new breed of stock exchange aims to help

From renewable energy companies to social housing funds, investors around the world are increasingly drawn to organisations that offer social or environmental as well as financial returns. Now, a new breed of market is springing up from Scotland to India

Published 15 Jul, 2019 12:00am

Currency

Facebook's Libra currency under fire

Facebook's planned virtual unit Libra, already under heavy attack from US President Donald Trump and global regulators, faces scepticism among the wider cryptocurrency community as well. One theme - besides Brexit - dominated discussion among the movers a

Published 15 Jul, 2019 12:00am

Currency

Aussie, kiwi to chill out as Fed feels the heat

The Australian and New Zealand dollars may have finally hit bottom if analysts prove prescient in the latest Reuters poll, as bets on aggressive US policy easing bail both currencies out of a tight spot. The Aussie is seen at $0.6900 in one and three mont

Published 15 Jul, 2019 12:00am

Saudi market strong on second quarter results, Aldar boosts Abu Dhabi

Most Gulf stock markets rose in early Sunday trading, mirroring gains late last week in global markets, and supported by some companies' positive second-quarter results. In Saudi Arabia, the Tadawul main index was up 0.6%, with banks leading the gains. Du

Published 15 Jul, 2019 12:00am

AB InBev cancels Hong Kong IPO

The company that makes Stella Artois and Budweiser has scrapped its planned listing in Hong Kong, cancelling what would have been the world's largest initial public offering this year. Anheuser-Busch InBev, the world's biggest brewer, had hoped to raise a

Published 15 Jul, 2019 12:00am

AB InBev cancels Hong Kong IPO

The company that makes Stella Artois and Budweiser has scrapped its planned listing in Hong Kong, cancelling what would have been the world's largest initial public offering this year. Anheuser-Busch InBev, the world's biggest brewer, had hoped to raise a

Published 15 Jul, 2019 12:00am

US money fund assets hit highest since December 2009

US money market fund assets rose to their highest level since late 2009, as investors poured more cash into these low-risk accounts even while major Wall Street indexes reached record peaks on hopes for rate cuts from the Federal Reserve, a private report

Published 15 Jul, 2019 12:00am

US money fund assets hit highest since December 2009

US money market fund assets rose to their highest level since late 2009, as investors poured more cash into these low-risk accounts even while major Wall Street indexes reached record peaks on hopes for rate cuts from the Federal Reserve, a private report

Published 15 Jul, 2019 12:00am

Exchange

Hedge funds chart course through 'IMO 2020' storm

Shipping companies, refineries, freight derivatives or diesel cracks? Investment funds are placing their bets as the shipping sector prepares for new rules limiting sulphur emissions from ocean-going vessels. Ever since the International Maritime Organiza

Published 15 Jul, 2019 12:00am

Exchange

Hedge funds chart course through 'IMO 2020' storm

Shipping companies, refineries, freight derivatives or diesel cracks? Investment funds are placing their bets as the shipping sector prepares for new rules limiting sulphur emissions from ocean-going vessels. Ever since the International Maritime Organiza

Published 15 Jul, 2019 12:00am

Sovereign investors shun Europe for Asia, emerging markets

Nearly three times as many sovereign investors plan to raise exposure to emerging markets rather than Europe this year as the continent's attraction wanes due to slowing economic growth and rising political risk, a study by asset manager Invesco showed. E

Published 15 Jul, 2019 12:00am

Sovereign investors shun Europe for Asia, emerging markets

Nearly three times as many sovereign investors plan to raise exposure to emerging markets rather than Europe this year as the continent's attraction wanes due to slowing economic growth and rising political risk, a study by asset manager Invesco showed. E

Published 15 Jul, 2019 12:00am

Wall Street week ahead: Union Pacific, other freight company earnings eyed for tariff effects

Results from two major US railroads next week are likely to attract more scrutiny than usual as investors look for signs of how deeply US President Donald Trump's multi-front trade war is affecting freight companies and the wider economy. Among those repo

Published 15 Jul, 2019 12:00am

Israeli city ends park ban seen racist by Arab citizens

An Israeli city will end a selective closure at one of its parks that Arab citizens said was a racist policy meant to keep them out after a court decision Sunday. The northern city of Afula had decided to keep the park open only to its residents during th

Published 15 Jul, 2019 12:00am

Strong 6.6 quake hits off northwest Australia

A strong 6.6-magnitude earthquake struck off northwest Australia Sunday, shaking buildings over a wide area but causing no immediate reports of damage or injuries. The shallow quake hit early Sunday afternoon 10 kilometres under the Indian Ocean 203 kilom

Published 15 Jul, 2019 12:00am

US warnings of heavy rain, tornadoes from weakening storm Barry

Tropical Storm Barry buffeted the US state of Louisiana on Sunday, bringing more heavy rain and possible tornadoes to the region even as it weakened. After briefly becoming the first hurricane of the Atlantic season, Barry was downgraded to a tropical sto

Published 15 Jul, 2019 12:00am

Sudan paramilitaries shoot dead civilian

Members of a feared Sudanese paramilitary force shot dead a civilian Sunday in a town southeast of the capital as angry residents protested against the paramilitaries, witnesses and doctors said. The incident occurred in El-Souk in the state of Sinnar whe

Published 15 Jul, 2019 12:00am

Opposition figures arrested during Moscow vote demonstration

Allies of Russian opposition leader Alexei Navalny were arrested Sunday during a protest in Moscow to demand their names be included on the ballot for local elections in September. Around a dozen people, including three organisers close to Navalny, were d

Published 15 Jul, 2019 12:00am

Trump tells Congresswomen to 'go back' where they're from

US President Donald Trump on Sunday told unnamed Democratic Congresswomen to "go back" where they came from, prompting senior members of the party to brand him a "racist" and a xenophobe. It is the latest controversial comment by Trump, who last year repo

Published 15 Jul, 2019 12:00am

Small-aircraft crash kills nine in Sweden

Nine people died Sunday when a small aircraft being used for tourism crashed in northwest Sweden, the regional authority said. "The nine people on board are dead," Gabriella Bandling, spokeswoman for the Vaesterbotten region, told AFP. She did not say who

Published 15 Jul, 2019 12:00am

Qatar opens biggest coast guard base

Qatar inaugurated its largest coast guard base Sunday as a standoff between Iran and the United States continues to boost tensions in strategic Gulf waters. Prime Minister Abdullah bin Nasser bin Khalifa Al-Thani and commander of US Naval Forces in the Mi

Published 15 Jul, 2019 12:00am

Rockets kill 6 civilians in Syria's Aleppo

Rockets fired by jihadists Sunday killed six civilians and wounded eight others in the government-held northern city of Aleppo, state news agency SANA reported. It said two neighbourhoods were struck in the "terrorist rocket attack" and that one rocket hi

Published 15 Jul, 2019 12:00am

Canada says another citizen detained in China amid row

China detained another Canadian citizen amid sour relations between the two countries, Canada's foreign ministry said on Saturday, though the reason for the jailing remains unclear. "Global Affairs Canada is aware of the detention of a Canadian citizen in

Published 15 Jul, 2019 12:00am

Erdogan says Trump can waive sanctions on Turkey

US President Donald Trump has the authority to waive sanctions on Turkey for its purchase of Russian air defence systems and should find a "middle ground" in the dispute, President Tayyip Erdogan was quoted as saying on Sunday. Erdogan's comments came two

Published 15 Jul, 2019 12:00am

Sumsam accuses Shahbaz of indulging in money laundering

Referring to an international newspaper report regarding Shahbaz Sharif, Punjab Information Minister Syed Sumsam Ali Bukhari said that the real face of self-proclaimed Khadim-e-Aala Punjab was now getting exposed blatantly. He said that the viewpoint of P

Published 15 Jul, 2019 12:00am

Exchange

WEEKLY COTTON REVIEW: Cotton prices remain stable

The. The arrival of Phutti increased. Bearish trend was seen in international cotton market. The business was affected due to the imposition of sales tax on cotton, textile products, and on Khal. In the local cotton market during the last week textile and

Published 15 Jul, 2019 12:00am

Exchange

WEEKLY COTTON REVIEW: Cotton prices remain stable

The. The arrival of Phutti increased. Bearish trend was seen in international cotton market. The business was affected due to the imposition of sales tax on cotton, textile products, and on Khal. In the local cotton market during the last week textile and

Published 15 Jul, 2019 12:00am

BISE Lahore announces SSC exams results

The Board of Intermediate and Secondary Education (BISE) Lahore on Sunday unveiled names of Students who grabbed top positions in the Secondary School Certificate (SSC) annual examination 2019. The overall first position was taken by Danish Tahir S/o Atha

Published 15 Jul, 2019 12:00am

Siraj accuses govt of patronising sugar and medicines mafia

Chief of Jamaat-e-Islami, Senator Sirajul Haq, warned the government the government that furious public crowds could march to their palaces and besiege them if rulers did not mend their ways and listen to the people. "At present, the masses are only stagi

Published 15 Jul, 2019 12:00am

PHEC installs free-Wi-Fi in 63 universities, hostels

With an aim to provide hassle-free environment for better studies, the Punjab Higher Education Commission (PHEC) with the assistance of a technology company has completed installation of free-Wi-Fi at 63 public and private sector universities.

Published 15 Jul, 2019 12:00am

PRCS highlights causes of depression

An enthusiastic group of volunteers of Pakistan Red Crescent Society (PRCS) held a demonstration on the root causes of depression and anxiety amongst the youth in front of the National Press Club on Sunday. "We have planned this activity as part of an awa

Published 15 Jul, 2019 12:00am

'Ten Sports is an international channel built for Pakistan' an interview with Aly Rana-Tower Sports Pakistan

Aly Rana joined Tower Sports (Pvt.) Limited in July 2018. Prior to joining Tower, Aly was a director with Mashreq Bank in Dubai where he was responsible for creating Mashreq bank's real estate investment funds. Prior to Mashreq, Aly was the Vice President

Published 15 Jul, 2019 12:00am

'Ten Sports is an international channel built for Pakistan' an interview with Aly Rana-Tower Sports Pakistan

Aly Rana joined Tower Sports (Pvt.) Limited in July 2018. Prior to joining Tower, Aly was a director with Mashreq Bank in Dubai where he was responsible for creating Mashreq bank's real estate investment funds. Prior to Mashreq, Aly was the Vice President

Published 15 Jul, 2019 12:00am

Opposition parties not capable of removing Sanate chief: CM

Punjab Chief Minister Sardar Usman Buzdar said on Sunday the opposition parties did not have the capability to remove senate chairman from his post and they would lose badly in their movement of no-confidence against Sadiq Sanjrani. The chief minister sai

Published 15 Jul, 2019 12:00am

Business community accuses FPCCI of playing role of silent spectator

The Business circles condemned the silent mode of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on continues traders protest and termed it unjustified behavior of the country apex trade body. Secretary General (Federal) of the Busin

Published 15 Jul, 2019 12:00am

APHC voices concern over Indian judiciary's biased role

All Parties Hurriyat Conference (APHC), in Indian Held Kashmir, Sunday said that illegally detained Kashmiris are kept in Indian jails, thousands of miles away from their homes and are forced to face biased and communal jail staff. The APHC in a statement

Published 15 Jul, 2019 12:00am

Heavy rain inundates low-lying areas of KP, Punjab

Intermittent heavy rain in parts of the country has inundated low-lying areas on Sunday. Weather turned pleasant after rain lashed Lahore, Gujranwala, Gujrat, Pattoki, Mandi Bahauddin, Sheikhupura, Narowal and Daska. The current monsoon spell also relieve

Published 15 Jul, 2019 12:00am

KP to get technical help for improving PFM

The Khyber Pakhtunkhwa would receive technical assistance to bring improvement in Public Financial Management (PFM) under KP Revenue Mobilization and Resource Management Programme, said the White Paper on budget for financial year 2019-20. It said that un

Published 15 Jul, 2019 12:00am

FPCCI hails decision of constructing expo centre in Faisalabad

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Engineer Daroo Khan Achakzai Sunday hailed the announcement of Advisor to Prime Minister on Commerce Abdul Razak Dawood for constructing state of the art Faisalabad Expo Center

Published 15 Jul, 2019 12:00am

Over 3,400 appear in KU test for admissions to PhD, MPhil, MS, MD

Over 3,400 candidates appeared in the written admission test of the University of Karachi on Sunday. The admission forms were collected till June 28, while as many as 3,803 entry test forms were received against the total 2,028 available seats in differen

Published 15 Jul, 2019 12:00am

Nine held on street crime & theft charges

Pakistan Rangers (Sindh) on Sunday claimed to have arrested nine accused in raids which they conducted in the city. A spokesman of the paramilitary Rangers said that six accused were nabbed from Ferozabad. They were allegedly involved in street crimes/rob

Published 15 Jul, 2019 12:00am

LLB exams fee date extended

The controller of examinations, Sindh University Jamshoro Muhammad Ali Roshan Pathan has extended the date for depositing semester examination fees of LLB (Hons) regular and failure students up to July 23, 2019 without any late fee at public and private a

Published 15 Jul, 2019 12:00am

SU reopens today

The University of Sindh (SU) is going to open from July 15 (today) after the summer vacation is over. According to SU spokesman, regular classes for morning and evening programmes at all teaching centres, institutes and departments will commence from July

Published 15 Jul, 2019 12:00am

Cotton

Need stressed for free access to US markets

Business community Sunday hoped that Prime Minister Imran Khan's upcoming visit to United States of America (USA) would bring both the countries closer and help exploring new venues for mutual cooperation besides seeking direct access to American markets

Published 15 Jul, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 25	252.10

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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