News Archives for Print - 2019-07-20

Workshop on water management held at UET

The Centre of Excellence in Water Resources Engineering (CEWRE) University of Engineering and Technology (UET) Lahore organized a two-day workshop on "GIS Application and Spatial Data Analysis for Water Management". The workshop was a combination of theor

Published 20 Jul, 2019 12:00am

The Weather

The weather report on Friday (July 19, 2019) and the forecast for Saturday (July 20, 2019).

Published 20 Jul, 2019 12:00am

Exchange

KSE-100 Index gains149.23 points: BRIndex100 retreats

Pakistan Stock Exchange Friday ended on a positive note following healthy buying in various sectors. BRIndex100 gained 25.98 points or 0.77 percent to close at 3,391.65 points. BRIndex100 touched intraday high of 3,394.94 and intraday low of 3,318.40 poin

Published 20 Jul, 2019 12:00am

Exchange

KSE-100 Index gains149.23 points: BRIndex100 retreats

Pakistan Stock Exchange Friday ended on a positive note following healthy buying in various sectors. BRIndex100 gained 25.98 points or 0.77 percent to close at 3,391.65 points. BRIndex100 touched intraday high of 3,394.94 and intraday low of 3,318.40 poin

Published 20 Jul, 2019 12:00am

Exchange

FDI, Afghanistan likely to be main focus

Prime Minister Imran Khan travels to the United States on Sunday hoping the arrest of a militant leader with a $10 million U.S. bounty on his head and progress in Afghan peace talks will help secure a favourable reception. Khan is expected to try to mend

Published 20 Jul, 2019 12:00am

Exchange

FDI, Afghanistan likely to be main focus

Prime Minister Imran Khan travels to the United States on Sunday hoping the arrest of a militant leader with a $10 million U.S. bounty on his head and progress in Afghan peace talks will help secure a favourable reception. Khan is expected to try to mend

Published 20 Jul, 2019 12:00am

PM, accompanied by CoAS, ISI chief and others, leaves for US

Prime Minister Imran Khan left for his first official visit in early hours on Saturday by Qatar Airways flight number QR-633 as the programme to depart through special plane was shelved at the eleventh hour. Minister for Foreign Affairs, Shah Mahmood Qure

Published 20 Jul, 2019 12:00am

PM, accompanied by CoAS, ISI chief and others, leaves for US

Prime Minister Imran Khan left for his first official visit in early hours on Saturday by Qatar Airways flight number QR-633 as the programme to depart through special plane was shelved at the eleventh hour. Minister for Foreign Affairs, Shah Mahmood Qure

Published 20 Jul, 2019 12:00am

WB withdraws funding for new state capital in India

The World Bank said on Friday it had withdrawn $300 million of funding for a new capital in the south Indian state of Andhra Pradesh after the central government dropped support for the project.

Published 20 Jul, 2019 12:00am

WB withdraws funding for new state capital in India

The World Bank said on Friday it had withdrawn $300 million of funding for a new capital in the south Indian state of Andhra Pradesh after the central government dropped support for the project.

Published 20 Jul, 2019 12:00am

Iran says it seized UK tanker, denies US brought down drone

Iran's Revolutionary Guards said on Friday they have captured a British oil tanker in the Strait of Hormuz while Tehran and Washington disagreed about a US assertion that its Navy had downed an Iranian drone nearby, further increasing tensions in the Gulf

Published 20 Jul, 2019 12:00am

Iran says it seized UK tanker, denies US brought down drone

Iran's Revolutionary Guards said on Friday they have captured a British oil tanker in the Strait of Hormuz while Tehran and Washington disagreed about a US assertion that its Navy had downed an Iranian drone nearby, further increasing tensions in the Gulf

Published 20 Jul, 2019 12:00am

Exchange

IMF not making any profit after giving loans: Sanchez

International Monetary Fund (IMF) has wanted more autonomy for the central bank, strengthening of tax policy administration, reforming the energy sector, modernising the state-owned enterprises, strengthening anti-corruption institution, and progress on F

Published 20 Jul, 2019 12:00am

Exchange

IMF not making any profit after giving loans: Sanchez

International Monetary Fund (IMF) has wanted more autonomy for the central bank, strengthening of tax policy administration, reforming the energy sector, modernising the state-owned enterprises, strengthening anti-corruption institution, and progress on F

Published 20 Jul, 2019 12:00am

Exchange

IMF not making any profit after giving loans: Sanchez

International Monetary Fund (IMF) has wanted more autonomy for the central bank, strengthening of tax policy administration, reforming the energy sector, modernising the state-owned enterprises, strengthening anti-corruption institution, and progress on F

Published 20 Jul, 2019 12:00am

Miftah granted protective bail for seven days

Sindh High Court (SHC) Friday approved protective bail of Miftah Ismail, former finance advisor for seven days against the surety of Rs 0.5 million in LNG import contract case. A division bench of SHC headed by Justice Iqbal Kalhoro also granted protectiv

Published 20 Jul, 2019 12:00am

Miftah granted protective bail for seven days

Sindh High Court (SHC) Friday approved protective bail of Miftah Ismail, former finance advisor for seven days against the surety of Rs 0.5 million in LNG import contract case. A division bench of SHC headed by Justice Iqbal Kalhoro also granted protectiv

Published 20 Jul, 2019 12:00am

China, Afghanistan, Pakistan discuss Afghan peace, mutual projects

The fifth round of China-Afghanistan-Pakistan Practical Cooperation Dialogue (CAPPCD) was held here Friday wherein the three parties reiterated their support to a political settlement of the Afghan conflict through an Afghan-led and Afghan-owned process.

Published 20 Jul, 2019 12:00am

AC rejects NAB plea against Maryam

The Accou-ntability Court on Friday dismissed National Accountab-ility Bureau's (NAB's) application for proceeding against Maryam Nawaz, the daughter of incarcerated former Prime Minister Nawaz Sharif, for submitting fake deeds in the Avenfield reference.

Published 20 Jul, 2019 12:00am

AC rejects NAB plea against Maryam

The Accou-ntability Court on Friday dismissed National Accountab-ility Bureau's (NAB's) application for proceeding against Maryam Nawaz, the daughter of incarcerated former Prime Minister Nawaz Sharif, for submitting fake deeds in the Avenfield reference.

Published 20 Jul, 2019 12:00am

Appointment of Nepra chairman approved by Cabinet

The Federal Cabinet in its meeting held on July 16, 2019 approved the appointment of Tauseef H. Farooqi as Chairman Nepra. The selection process was spread over a period of 6/7 months. After due diligence shortlisted candidates were interviewed in the fir

Published 20 Jul, 2019 12:00am

Appointment of Nepra chairman approved by Cabinet

The Federal Cabinet in its meeting held on July 16, 2019 approved the appointment of Tauseef H. Farooqi as Chairman Nepra. The selection process was spread over a period of 6/7 months. After due diligence shortlisted candidates were interviewed in the fir

Published 20 Jul, 2019 12:00am

Appointment of Nepra chairman approved by Cabinet

The Federal Cabinet in its meeting held on July 16, 2019 approved the appointment of Tauseef H. Farooqi as Chairman Nepra. The selection process was spread over a period of 6/7 months. After due diligence shortlisted candidates were interviewed in the fir

Published 20 Jul, 2019 12:00am

Tribal districts: Polling for KP Assembly seats today

Around 3 million voters from the country's tribal districts will vote today (Saturday) to send their 16 representatives for the first time to Khyber Pakhtunkhwa Assembly after the merger of the erstwhile Fata with the province. According to Election Commi

Published 20 Jul, 2019 12:00am

Abbasi remanded into NAB custody for 13 days

The Accountability Court on Friday remanded former Prime Minister Shahid Khaqan Abbasi into National Accountability Bureau's (NAB) custody for 13 days in liquefied petroleum gas (LNG) contract scam. The NAB officials produced the former premier before Acc

Published 20 Jul, 2019 12:00am

Abbasi remanded into NAB custody for 13 days

The Accountability Court on Friday remanded former Prime Minister Shahid Khaqan Abbasi into National Accountability Bureau's (NAB) custody for 13 days in liquefied petroleum gas (LNG) contract scam. The NAB officials produced the former premier before Acc

Published 20 Jul, 2019 12:00am

Italian, Chinese majors vie in Pakistan's mega LNG tender

Italian oil major Eni , China's overseas energy unit PetroChina and two trading houses are vying to supply liquefied natural gas (LNG) to Pakistan in one of the largest tenders ever worth billions of dollars, two sources familiar with the matter said on F

Published 20 Jul, 2019 12:00am

Italian, Chinese majors vie in Pakistan's mega LNG tender

Italian oil major Eni , China's overseas energy unit PetroChina and two trading houses are vying to supply liquefied natural gas (LNG) to Pakistan in one of the largest tenders ever worth billions of dollars, two sources familiar with the matter said on F

Published 20 Jul, 2019 12:00am

Italian, Chinese majors vie in Pakistan''s mega LNG tender

Italian oil major Eni , China''s overseas energy unit PetroChina and two trading houses are vying to supply liquefied natural gas (LNG) to Pakistan in one of the largest tenders ever worth billions of dollars, two sources familiar with the matter said on

Published 20 Jul, 2019 12:00am

FBR identifies 'non-filers'

Federal Board of Revenue (FBR) has identified over 2600 non-filers in a major bank and over 1900 in Sui Southern Gas Company (SSGC). Sources said that Broadening of Tax Base (BTB) of FBR Karachi after identifying over 2600 non-filers in a bank and over 19

Published 20 Jul, 2019 12:00am

FBR identifies 'non-filers'

Federal Board of Revenue (FBR) has identified over 2600 non-filers in a major bank and over 1900 in Sui Southern Gas Company (SSGC). Sources said that Broadening of Tax Base (BTB) of FBR Karachi after identifying over 2600 non-filers in a bank and over 19

Published 20 Jul, 2019 12:00am

FBR identifies ''non-filers''

Federal Board of Revenue (FBR) has identified over 2600 non-filers in a major bank and over 1900 in Sui Southern Gas Company (SSGC). Sources said that Broadening of Tax Base (BTB) of FBR Karachi after identifying over 2600 non-filers in a bank and over 19

Published 20 Jul, 2019 12:00am

Kosovo PM resigns after being called to war crimes court

Kosovo Prime Minister Ramush Haradinaj, a wartime commander of the Kosovo Liberation Army (KLA), said Friday he has resigned after being called as a suspect before a war crimes court in The Hague. "I received a summons from the special court as a suspect

Published 20 Jul, 2019 12:00am

Kosovo PM resigns after being called to war crimes court

Kosovo Prime Minister Ramush Haradinaj, a wartime commander of the Kosovo Liberation Army (KLA), said Friday he has resigned after being called as a suspect before a war crimes court in The Hague. "I received a summons from the special court as a suspect

Published 20 Jul, 2019 12:00am

Blast at Kabul University kills eight

A powerful bomb blast outside the gates of Kabul University in the Afghan capital on Friday killed at least eight people and wounded 33, as students and lawyers waited to take an examination, officials said. Taliban militants are carrying out almost daily

Published 20 Jul, 2019 12:00am

Blast at Kabul University kills eight

A powerful bomb blast outside the gates of Kabul University in the Afghan capital on Friday killed at least eight people and wounded 33, as students and lawyers waited to take an examination, officials said. Taliban militants are carrying out almost daily

Published 20 Jul, 2019 12:00am

Mis-declarations and smuggling

The chairman Federal Board of Revenue (FBR), Shabbar Zaidi, has reiterated the difficulties in plugging all tax loopholes, including smuggling and mis-declarations which, he stated, are not possible without the connivance of customs officials. He added th

Updated 20 Jul, 2019 06:19am

The ICJ verdict

Foreign Minister Shah Mehmood Qureshi has justifiably claimed as a victory for Pakistan the International Court of Justice's (ICJ) much-awaited verdict in the case of Kulbhushan Jadhav, an Indian intelligence operative under death sentence in this country

Updated 20 Jul, 2019 06:18am

The challenge of mindset

"We have to change the mindset as the country can no longer be run according to outdated patterns. It is necessary to broaden the tax net," stated PM Imran Khan while addressing the award-distribution ceremony of the Gujranwala Chamber of Commerce this we

Published 20 Jul, 2019 12:00am

Exchange

The deal

Much as the detractors might want to classify the deal as a Faustian Bargain, that it surely is not; it lacks a core ingredient, freedom to choose.

Published 20 Jul, 2019 12:00am

As defaults rise, China bond markets are pricing risks better

July 15 proved a rough day for Chinese bondholders, bringing defaults by five issuers including Jinggong Group, an industrial conglomerate whose interests span steel, finance and rice wine. But analysts and market players say there might be a silver linin

Published 20 Jul, 2019 12:00am

Cotton

APTMA's stance regarding sales tax on cotton

The additional sales tax on local production of cotton is 10 percent whereas the sales tax on yarn is 17 percent. In this scenario, no one will buy cotton and yarn due to their sales tax amount will get stuck in export cycle and this will be only benefici

Published 20 Jul, 2019 12:00am

Polling stations in NA-205 Ghotki: PPPP urges ECP to reconsider decision of deploying troops

Pakistan Peoples Party Parliamentarians (PPPP) has urged the Election Commission of Pakistan (ECP) to reconsider its decision of posting troops inside polling stations in NA-205 Gothki in the interest of free, fair and transparent elections.

Published 20 Jul, 2019 12:00am

Qureshi lands in US before PM's visit

Foreign Minister Shah Mehmood Qureshi on Friday landed in Washington, US ahead of Prime Minister Imran Khan's crucial visit. On the invitation of President Donald J Trump, PM Khan will embark on a visit to the US on July 21.

Published 20 Jul, 2019 12:00am

PM for disseminating correct news to public

Prime Minister Imran Khan on Friday asked the Ministry of Information and Broadcasting to play an effective role in collaboration with media to expose negative propaganda and ensure dissemination of correct information to the public at large.

Published 20 Jul, 2019 12:00am

No-confidence motion: government, opposition not in a hurry to have Senate session

Even though the joint opposition has moved a no-confidence motion against Senate Chairman Sadiq Sanjrani, yet it appears that neither the opposition nor treasury benches are in hurry to have the related session of the upper House of the Parliament convene

Published 20 Jul, 2019 12:00am

Erstwhile Fata's tribesmen go to polls today

Tribesmen of the erstwhile Fata, for the first time in their history, are to vote in the elections to Khyber Pakhtunkhwa provincial assembly today (Saturday). As many as 2.801 million voters are eligible to exercise their right of franchise to elect MPAs

Published 20 Jul, 2019 12:00am

Exchange

UAE envoy visits PSX

The Ambassador of United Arab Emirates (UAE), Hamad Obaid Al Zaabi along with Counselor General Bakheet Ateeq Al-Romaithi and Ahmad Abdulla Albalooshi, Advisor to Ambassador paid a courtesy visit to Pakistan Stock Exchange (PSX).

Published 20 Jul, 2019 12:00am

SC rejects plea against cancellation of bail to an accused of accident

Supreme Court (SC) on Friday rejected the plea against cancellation of bail to an accused in a road accident, in which a 22-year old motorcyclist was paralysed after he was hit by a vehicle.

Published 20 Jul, 2019 12:00am

Video scandal: Physical remand of Mian Tariq extended

A local court on Friday extended physical remand of Mian Tariq Mahmood, prime suspect in the case of controversial video of former Accountability Court Judge Arshad Malik, for three days and granted him into custody of Federal Investigation Agency (FIA).

Published 20 Jul, 2019 12:00am

CJP for developing modern police system

Chief Justice of Pakistan (CJP) Asif Saeed Khosa has highlighted the importance of developing the police system on modern lines to solve criminal cases.

Published 20 Jul, 2019 12:00am

Industrialists urged to get extra gas load regularised

Mohammad Wasim, Acting MD, Sui Southern Gas Company (SSGC) has stressed that all industries must ensure that any extra connected load extension is formally registered with the Company by renewing the Gas Sales Agreement (GSA) with the Company.

Published 20 Jul, 2019 12:00am

UAE envoy for legal framework to encourage investments

Ambassador of United Arab Emirates (UAE), Hamad Obaid Alzaabi has stressed the need for having legal framework between UAE and Pakistan to encourage and save investments made either in Pakistan or in UAE.

Published 20 Jul, 2019 12:00am

HSATI voices concern over government policies

The Hyderabad SITE Association of Trade and Industry (HSATI) has expressed serious reservations over anti-industrial growth policies of all federal and provincial government concerned departments responsible for promoting trade and industrial activities.

Published 20 Jul, 2019 12:00am

Protesting nurses end sit-in after issuance of notification

Adviser to CM on Information, Law and Anti Corruption Murtaza Wahab has as per the promise of the Provincial Government reached at the protesting camp of Nurses Alliance at Karachi Press Club and handed over the notification to the leaders of Nurses Allia

Published 20 Jul, 2019 12:00am

Fight against poverty gaining pace: Dr Sania

Dr Sania Nishtar, Special Assistant to the Prime Minister on Social Protection and Poverty Alleviation on Friday expressed confidence that government's efforts to pull the poor out of poverty towards prosperity, which would be achieved in collaboration wi

Published 20 Jul, 2019 12:00am

Gold prices up by Rs 700 per tola

Gold prices on Friday grew to Rs 84100 per tola up by Rs 700 on the local market, traders said. They said that the gold prices on the world market also mounted to $1438 an ounce, which drew the value of yellow metal on the local market to Rs 72085 per 10

Published 20 Jul, 2019 12:00am

APNS condoles death of Chaudhry Shabbir

Hameed Haroon, President, Sarmad Ali, Secretary General, All Pakistan Newspapers Society, on behalf of the office bearers and members of the Society have expressed profound grief over the sad demise of Chaudhry Muhammad Shabbir, Ex-Resident Editor, Daily

Published 20 Jul, 2019 12:00am

KPITB signs MoU with PITB

The Khyber Pakhtunkhwa Information Technology Board (KPITB) Friday signed a memorandum of understanding (MoU) of cooperation with Punjab Information Technology Board (PITB). Chairman KPITB Dr Shahbaz Khan and Chairman PITB Azfar Manzoor signed the MoU on

Published 20 Jul, 2019 12:00am

Cotton

WB team, LCCI chief discuss SMART programme

A four-member World Bank team on Strengthening Markets for Agriculture & Rural Transformation in Punjab (SMART) on Friday called on the LCCI President Almas Hyder and had a detailed meeting. World Bank Mission was headed by Hans Johannes while Senior Comm

Published 20 Jul, 2019 12:00am

IGP directs officials to address public grievances

Punjab Inspector General of Police (IGP) Arif Nawaz Khan has expressed resentment over reports that senior police officers do not spare time for the complainants who visit their offices seeking legal action or registration of first information reports (FI

Published 20 Jul, 2019 12:00am

Punjab cabinet meets today

Punjab chief minister Sardar Usman Buzdar will preside over the Punjab Cabinet meeting here on Saturday (today), to discuss 19-point agenda. The meeting will be attended by ministers, advisors, special assistance, Chief Secretary and high officials. Sourc

Published 20 Jul, 2019 12:00am

President to confer FPCCI achievement awards

President Dr Arif Alvi will confer Federation of Pakistan Chamber of Commerce and Industry (FPCCI) 7th Achievement Awards for the year 2019. As many as 40 recipients would be awarded for rendering services in different sectors at a ceremony being held on

Published 20 Jul, 2019 12:00am

Fertiliser industry extends support to farmers

The fertilizer industry has voluntarily held back the impact of recent gas price increase to prevent backlash of it to farmers. This was agreed on request of Advisor Industries, Razzaq Dawood. The Advisor has assured the industry about settlement of GIDC

Published 20 Jul, 2019 12:00am

Three-day training workshop begins at PCD

The Punjab Cooperatives Department on Friday started a three-day training workshop about the principles of financial and office management for its district-level accountants from today. A total of 47 accountants are taking part in this workshop, which is

Published 20 Jul, 2019 12:00am

Minister hails court's decision on PRA

Provincial Finance Minister Makhdoom Hashim Jawan Bakht on Friday welcomed the decision of a court on Punjab Revenue Authority (PRA) and said that the decision about its legal status is praiseworthy. "It would boost the morale of the PRA," he added. He ob

Published 20 Jul, 2019 12:00am

China's space lab Tiangong 2 destroyed in controlled fall to earth

China's Tiangong-2 space lab successfully re-entered the Earth's atmosphere Friday under controlled conditions, completing the latest round of experiments in Beijing's ambitious space programme. Tiangong-2 - or "Heavenly Palace" - was launched into orbit

Published 20 Jul, 2019 12:00am

Islamic ponzi scam mastermind detained over half-billion dollar fraud

An influential businessman was arrested by Indian police Friday over a half-billion dollar ponzi scheme that allegedly defrauded tens of thousands of mostly-Muslim investors. Mohammed Mansoor Khan was detained at New Delhi airport upon his return from Dub

Published 20 Jul, 2019 12:00am

Trump attacks US Fed, demands rate cut

President Donald Trump attacked the independent US Federal Reserve on Friday, demanding the central bank reverse course and cut interest rates - something it is widely expected to do this month.

Published 20 Jul, 2019 12:00am

22-man squad for Bangladesh ODIs named

Sri Lanka on Friday named a 22-member ODI squad led by Dimuth Karunarathna for the upcoming Bangladesh tour of the island. The first of the three one-day internationals will be played on July 26, the second two days later and the final match on July 31. A

Published 20 Jul, 2019 12:00am

Sri Lanka to sack coaches over World Cup failure

Sri Lanka's sports minister has ordered the sacking of the national cricket coach after a lacklustre World Cup campaign that saw just three wins from nine games, officials said Friday. Chandika Hathurusingha and his assistants would be fired after Sri Lan

Published 20 Jul, 2019 12:00am

Tamim to lead Bangladesh in Sri Lanka as Mashrafe ruled out

Bangladesh on Friday named opener Tamim Iqbal as interim captain for the upcoming Sri Lanka tour after regular skipper Mashrafe Mortaza was ruled out with a hamstring injury. Mashrafe picked up the injury during a training session shortly after he attende

Published 20 Jul, 2019 12:00am

Eoin Morgan says no decision yet on future after World Cup win

Eoin Morgan says he has not yet decided whether to remain as England's white-ball skipper following their dramatic World Cup win against New Zealand. Morgan, 32, told BBC Sport it would be a "big commitment" to continue until the 2023 World Cup, with next

Published 20 Jul, 2019 12:00am

PCB's medical body discuss players fitness, facility

The Pakistan Cricket Board (PCB)'s Medical Advisory Committee (MAC) held its inaugural meeting, here at the National Cricket Academy, to discuss matters ranging from player safety to fitness and health protocols for domestic and international players. The

Published 20 Jul, 2019 12:00am

Lowry surges into share of Open lead as Woods, McIlroy set to miss cut

Ireland's Shane Lowry shot a four under par 67 to claim a share of the lead at the British Open on eight under as 15-time major winner Tiger Woods and pre-tournament favourite Rory McIlroy looked set to miss the cut on Friday. Resuming on four under, Lowr

Published 20 Jul, 2019 12:00am

UEFA hit Bulgaria with Euro 2020 stadium sanction

Bulgaria will play Euro 2020 qualifiers with England and the Czech Republic in front of partially closed stadiums after UEFA on Friday found the country's fans guilty of "racist behaviour". In a statement, European football's governing body said the Bulga

Published 20 Jul, 2019 12:00am

Five Pakistan cricketers get NOCs for Global T20 League

The Pakistan Cricket Board (PCB) has issued No Objection Certificates (NOCs) to five cricketers for participation in the Global T20 League that will get underway at Toronto (Canada) from July 25. The players who got NOCs include: Mohammad Hafeez, Shadab K

Published 20 Jul, 2019 12:00am

Tatishvili wins Roland Garros prize money appeal

Anna Tatishvili, who was stripped of her entire 46,000-euro ($52,000) prize money at Roland Garros for "not playing at a professional standard", has had her punishment overturned, the player announced on Twitter on Friday. "The Grand Slam Board has revers

Published 20 Jul, 2019 12:00am

Alaphilippe silences Thomas on Tour time-trial

Julian Alapahilippe extended his overall lead at the Tour de France on Friday winning the 27.2km individual time-trial at Pau on stage 13 to keep the yellow jersey and send his home fans wild. Geraint Thomas was second, the defending champion dropping 14

Published 20 Jul, 2019 12:00am

Top US swimmer King slams FINA doping controls in Sun row

American world record holder Lilly King hit out Friday at swimming's governing body over its doping protocols, as claims China's Sun Yang destroyed blood samples stunned athletes before the world championships in South Korea. Asked about her thoughts on a

Published 20 Jul, 2019 12:00am

Kawasaki Frontale stun Chelsea

J-League Champions Kawasaki Frontale pulled off a stunning 1-0 victory against Chelsea in friendly at Yokohama on Friday. Kawasaki striker Leandro Damiao headed in a Kengo Nakamura cross from a close range in the 86th minute to clinch the upset. Chelsea s

Published 20 Jul, 2019 12:00am

Currency

Dollar steadies in Asia

The dollar steadied on Friday but was still on the defensive after Federal Reserve officials bolstered expectations of an aggressive rate cut this month to address weakening price pressures. At a central banking conference on Thursday, New York Fed Presid

Published 20 Jul, 2019 12:00am

Currency

Euro weakens against dollar in Europe

The euro fell against a rebounding US dollar on Friday and hit a 2-year low versus the Swiss franc, as investors ramped up bets for a European Central Bank interest rate cut as early as next week. Money markets are now pricing in a roughly 60% chance of a

Published 20 Jul, 2019 12:00am

Early trade in New York: - recovers after walk-back of dovish Fed comments

The US dollar rose in early trading on Friday, swinging back into positive territory after the New York Federal Reserve walked back dovish comments from its president the prior day, which had bolstered expectations of an aggressive interest rate cut this

Published 20 Jul, 2019 12:00am

Exchange

Dollar falls broadly in NY on rate-cut view

The dollar fell broadly on Thursday as an influential Federal Reserve official bolstered bets on a preemptive interest rate cut later this month because rates and inflation are low even as the US economy has been expanding.

Published 20 Jul, 2019 12:00am

Currency

Turkish lira slips

The Turkish lira weakened slightly early on Friday, giving up some of the gains made the previous evening as US President Donald Trump was unclear over whether his administration was looking at imposing sanctions on Turkey. His comments came following a U

Published 20 Jul, 2019 12:00am

Most emerging Asian units rise

Most emerging Asian currencies rose against a weaker dollar on Friday after a dovish speech by a top Federal Reserve official sealed market expectations of a US rate cut in July New York Fed President John Williams said on Thursday that it was imperative

Published 20 Jul, 2019 12:00am

Exchange

South Africa's rand retreats

South Africa's rand weakened on Friday, giving back some of the big gains from the previous session as expectations of an aggressive interest rate cut by the Federal Reserve cooled, prompting investors to pocket end-of-week profits. At 1520 GMT the rand w

Published 20 Jul, 2019 12:00am

Currency

Sterling pushed back to $1.25, on shaky ground

The pound hovered around $1.25 on Friday after its biggest daily jump in more than two months in the previous session, though traders were still focused on the growing risks of a no-deal Brexit. A vote by U.K. lawmakers on Thursday will make it harder for

Published 20 Jul, 2019 12:00am

Aussie, kiwi at multi-month highs

The Australian and New Zealand dollars hit multi-month highs on Friday as market speculation on aggressive US rate cuts reached fever pitch following dovish comments from Federal Reserve policy makers. The Aussie was up at $0.7073, a level not seen since

Published 20 Jul, 2019 12:00am

Athens settles for uneasy night after 5.1-magnitude quake

Athenians settled for an uneasy night Friday after a strong 5.1-magnitude earthquake temporarily knocked out phone connections, damaged buildings and caused power outages. Noting that many people were likely afraid to sleep indoors, citizen's protection m

Published 20 Jul, 2019 12:00am

S Korean man kills himself as dispute with Japan escalates

An elderly South Korean man died on Friday after setting himself on fire outside the Japanese embassy in Seoul as a bitter diplomatic dispute over wartime forced labour compensation took a fatal turn. The row has seen Tokyo restrict exports of chemicals v

Published 20 Jul, 2019 12:00am

Indian jailed over killing of British girl

An Indian court on Friday sent a bartender to jail for 10 years over the sexual assault and killing of British schoolgirl Scarlett Keeling on a Goa beach in 2008. The Goa High Court ordered the maximum sentence against Samson D'Souza after finding him gui

Published 20 Jul, 2019 12:00am

Taliban say Swedish charity can re-open Afghan clinics

The Taliban gave "permission" Friday for a Swedish aid group to reopen its clinics west of Kabul, after the insurgents ordered the facilities' closure over a controversial Afghan army raid. Afghan officials have said little about the raid in Wardak provin

Published 20 Jul, 2019 12:00am

Exchange

IMF urges Yemen govt to pay public sector wages across country

The IMF urged Yemen's internationally recognised government on Friday to extend its payments of public sector salaries to the whole country to help the war-shattered economy to recover. The IMF also praised the government, which is based in the southern p

Published 20 Jul, 2019 12:00am

Dutch top court cuts state's liability for Srebrenica massacre

The Dutch Supreme Court on Friday slashed the state's liability for the 1995 Srebrenica massacre during the Bosnian War, saying peacekeepers had only a "slim" chance of preventing the deaths of hundreds of Muslim men. Judges reduced to 10 percent from 30

Published 20 Jul, 2019 12:00am

Drone bombs base used by pro-Iran forces in Iraq

An unmanned drone bombed a base used by pro-Tehran paramilitary units in central Iraq, the country's military announced Friday, with sources saying one fighter was killed and two Iranians wounded. The US immediately denied involvement in the attack, which

Published 20 Jul, 2019 12:00am

American IS 'sniper' charged

A naturalized American who was a sniper for the Islamic State group has been charged in New York with material support for a terror group after being captured in Syria and repatriated to the United States, the Justice Department announced Friday. Kazakhst

Published 20 Jul, 2019 12:00am

Israel spyware firm can mine data from social media: FT

An Israeli spyware firm thought to have hacked WhatsApp in the past has told clients it can scoop user data from the world's top social media, the Financial Times reported Friday. The London paper wrote that NSO group had "told buyers its technology can s

Published 20 Jul, 2019 12:00am

LPG retailers observe strike

A complete shutdown of LPG retails network observed on Friday in Karachi on appeal of All Pakistan LPG Distributors Association and Karachi Action Committee. All Pakistan LPG Distributors Association senior vice chairman Muhammad Ali Haider said the strik

Published 20 Jul, 2019 12:00am

Stock	Price
Tri-Star Mutual / Apr 10 Tri-Star Mutual Fund Limited(TSMF)	8.10 ▲ 1 (14.08%)
Burj Clean Energy Modaraba / Apr 10 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9 ▲ 1 (12.5%)
Pak Agro Pack. (GEM) / Apr 10 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.85 ▲ 0.79 (11.19%)
Nazir Cotton Mills / Apr 10 Nazir Cotton Mills Limited(NCML)	11.84 ▲ 1.08 (10.04%)
Pak Gulf Leasing / Apr 10 Pak-Gulf Leasing Company Limited(PGLC)	17.79 ▲ 1.62 (10.02%)
Frontier Ceram / Apr 10 Frontier Ceramics Limited(FRCL)	24.59 ▲ 2.24 (10.02%)
Tandlianwala Sugar / Apr 10 Tandlianwala Sugar Mills Limited(TSML)	73.99 ▲ 6.73 (10.01%)
Sanghar Sugar / Apr 10 Sanghar Sugar Mills Limited(SANSM)	53.19 ▲ 4.84 (10.01%)
Sui South Gas / Apr 10 Sui Southern Gas Company Limited(SSGC)	39.13 ▲ 3.56 (10.01%)
Air Link Com. / Apr 10 Air Link Communication Limited(AIRLINK)	173.15 ▲ 15.74 (10%)

Stock	Price
JS Mom. Factor ETF / Apr 10 JS Momentum Factor ETF(JSMFETF)	11.69 ▼ -1.58 (-11.91%)
Premier Sugar / Apr 10 The Premier Sugar Mills(PMRS)	324 ▼ -36 (-10%)
Fateh Ind. / Apr 10 Fateh Industries Limited(FIL)	121.01 ▼ -11.82 (-8.9%)
Pak. P.V.C. / Apr 10 Pakistan PVC Limited(PPVC)	8.26 ▼ -0.74 (-8.22%)
Sardar Chemical / Apr 10 Sardar Chemical Industries Limited(SARC)	32.25 ▼ -2.41 (-6.95%)
Tri-Star Power / Apr 10 Tri-Star Power Limited(TSPL)	6.62 ▼ -0.42 (-5.97%)
Elahi Cot. / Apr 10 Elahi Cotton Mills Limited(ELCM)	128.80 ▼ -7.6 (-5.57%)
Gulshan Sp. / Apr 10 Gulshan Spinning Mills Limited(GSPM)	3.11 ▼ -0.18 (-5.47%)
Pak Gen.Ins. / Apr 10 The Pakistan General Insurance Co. Ltd.(PKGI)	9 ▼ -0.48 (-5.06%)
United Brands / Apr 10 United Brands Limited(UBDL)	22.09 ▼ -1.14 (-4.91%)

Stock	Volume
Cnergyico PK / Apr 10 Cnergyico PK Limited(CNERGY)	86,201,675 ▲ 0.18
K-Electric Ltd. / Apr 10 K-Electric Limited(KEL)	57,719,498 ▲ 0.34
Sui South Gas / Apr 10 Sui Southern Gas Company Limited(SSGC)	44,728,211 ▲ 3.56
Pak Int.Bulk / Apr 10 Pakistan International Bulk Terminal(PIBTL)	37,513,715 ▲ 0.76
Maple Leaf Cement / Apr 10 Maple Leaf Cement Factory Limited(MLCF)	20,991,880 ▲ 0.92
PIA Holding Co.Ltd / Apr 10 PIA Holding Company Limited(PIAHCLA)	20,463,930 ▼ -0.11
Pak Elektron / Apr 10 Pak Elektron Limited(PAEL)	20,122,690 ▲ 4.08
Fauji Cement / Apr 10 Fauji Cement Company Limited(FCCL)	19,229,506 ▲ 0.12
At-Tahur Ltd. / Apr 10 At-Tahur Limited(PREMA)	19,056,551 ▲ 3.8
WorldCall Telecom / Apr 10 Worldcall Telecom Limited(WTL)	16,620,477 ▲ 0.03

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