AIRLINK 196.38 Increased By ▲ 4.54 (2.37%)
BOP 10.11 Increased By ▲ 0.24 (2.43%)
CNERGY 7.75 Increased By ▲ 0.08 (1.04%)
FCCL 38.10 Increased By ▲ 0.24 (0.63%)
FFL 15.74 Decreased By ▼ -0.02 (-0.13%)
FLYNG 24.54 Decreased By ▼ -0.77 (-3.04%)
HUBC 130.38 Increased By ▲ 0.21 (0.16%)
HUMNL 13.73 Increased By ▲ 0.14 (1.03%)
KEL 4.60 Decreased By ▼ -0.07 (-1.5%)
KOSM 6.19 Decreased By ▼ -0.02 (-0.32%)
MLCF 44.85 Increased By ▲ 0.56 (1.26%)
OGDC 206.51 Decreased By ▼ -0.36 (-0.17%)
PACE 6.58 Increased By ▲ 0.02 (0.3%)
PAEL 39.77 Decreased By ▼ -0.78 (-1.92%)
PIAHCLA 17.20 Decreased By ▼ -0.39 (-2.22%)
PIBTL 7.99 Decreased By ▼ -0.08 (-0.99%)
POWER 9.20 Decreased By ▼ -0.04 (-0.43%)
PPL 178.91 Increased By ▲ 0.35 (0.2%)
PRL 38.93 Decreased By ▼ -0.15 (-0.38%)
PTC 24.31 Increased By ▲ 0.17 (0.7%)
SEARL 109.27 Increased By ▲ 1.42 (1.32%)
SILK 1.00 Increased By ▲ 0.03 (3.09%)
SSGC 37.75 Decreased By ▼ -1.36 (-3.48%)
SYM 18.83 Decreased By ▼ -0.29 (-1.52%)
TELE 8.53 Decreased By ▼ -0.07 (-0.81%)
TPLP 12.14 Decreased By ▼ -0.23 (-1.86%)
TRG 64.76 Decreased By ▼ -1.25 (-1.89%)
WAVESAPP 12.11 Decreased By ▼ -0.67 (-5.24%)
WTL 1.64 Decreased By ▼ -0.06 (-3.53%)
YOUW 3.87 Decreased By ▼ -0.08 (-2.03%)
BR100 12,000 Increased By 69.2 (0.58%)
BR30 35,548 Decreased By -112 (-0.31%)
KSE100 114,256 Increased By 1049.3 (0.93%)
KSE30 35,870 Increased By 304.3 (0.86%)
Feb 02, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-07-29
Flood control room set up in Swat

Flood control room set up in Swat

Following a flood high alert in District Swat, a flood control room has been established at the Deputy Commissioner (DC) Office at Gulkada, Saidu Sharif. Commissioner Malakand Division, Riaz Khan Mehsud visited the flood control room to get briefing from
Published 29 Jul, 2019 12:00am
ATP report indicates 'dismal' performance of PTI government

ATP report indicates 'dismal' performance of PTI government

Chairman of Amn Taraqqi Party (ATP) Muhammad Faiq Shah said that performance of Pakistan Tehreek-e-Insaf's government remained dismal during last one year. He said this at the launch of a report compiled by the party, here on Sunday. He said the elections
Published 29 Jul, 2019 12:00am
KP government to sell 18MW power generated by Pehur HPP to industries

KP government to sell 18MW power generated by Pehur HPP to industries

The provincial government of Khyber Pakhtunkhwa has decided to sell the 18MW electricity generated by Pehur Hydel Power Project (HPP) to local industries through wheeling arrangement. The decision is taken to boost industry in the province and generate em
Published 29 Jul, 2019 12:00am
Iftikhar lashes out at Yousafzai for criticising ANP, its chief

Iftikhar lashes out at Yousafzai for criticising ANP, its chief

ANP's general secretary, Mian Iftikhar Hussain has condemned the tirade of KP government spokesman against ANP and its chief Asfandyar Wali Khan and asked him to read the book written by Reham Khan to get acquainted with the knowledge of the days and nigh
Published 29 Jul, 2019 12:00am
Firdous condoles death of journalist

Firdous condoles death of journalist

Special Assistant to Prime Minister on information and Broadcasting, Dr Firdous Ashiq Awan expressed her deep sorrow and grief over the sad demise of Mushtaq Ali Kamboh, a Hub-based (Baluchistan) senior journalist, associated with Jang and Geo who passed
Published 29 Jul, 2019 12:00am
BoK posts PBT of Rs 707 million during 2018

BoK posts PBT of Rs 707 million during 2018

The Bank of Khyber posted profit before tax of Rs 707 million during 2018 as compared to Rs 2,795 million of the previous year and accordingly profit after tax also decreased to Rs 466 million, said the White Paper 2019-20 on the KP budget for financial y
Published 29 Jul, 2019 12:00am
BoK posts PBT of Rs 707 million during 2018

BoK posts PBT of Rs 707 million during 2018

The Bank of Khyber posted profit before tax of Rs 707 million during 2018 as compared to Rs 2,795 million of the previous year and accordingly profit after tax also decreased to Rs 466 million, said the White Paper 2019-20 on the KP budget for financial y
Published 29 Jul, 2019 12:00am
Fixit-fame PTI MNA Alamgir held twice, released later

Fixit-fame PTI MNA Alamgir held twice, released later

Fixit campaign founder Alamgir Khan, a Member National Assembly (MNA) belonging to PTI, was finally released on personal surety after having been arrested twice due to protest against Sindh government and the clash between his supporters and PPP workers o
Published 29 Jul, 2019 12:00am
Recent derailment incidents: Trains schedule badly affected

Recent derailment incidents: Trains schedule badly affected

The recent train derailment incidents have badly disturbed the train schedule between Karachi and up-country as Pakistan Railways (PR) has not been able to operate coaches on time, causing hardships for its commuters at different stations.
Published 29 Jul, 2019 12:00am
Prices of essential commodities continue to rise

Prices of essential commodities continue to rise

A considerable increase in prices of vegetable, pulses, fruits, sugar, flour, except live chicken/meat, eggs was witnessed in the retail marked said in a survey conducted by Business Recorder here on Sunday.
Published 29 Jul, 2019 12:00am
Drive against misdeclaration, under-invoicing

Drive against misdeclaration, under-invoicing

Drive against misdeclaration and under-invoicing has been initiated on the directives of FBR chairman Shabbar Zaidi and member Customs Agha Jawad. Collector MCC Port Qasim Mumtaz Ali Khoso has formed a team under Deputy Collector R&D Amjad Aman Laghari.
Published 29 Jul, 2019 12:00am
Rain-related incidents claim five lives in KP

Rain-related incidents claim five lives in KP

At least five people were killed and 18 others sustained injuries in rain-related incidents in Khyber Pakhtunkhwa, according to a Provincial Disaster Management Authority's report issued here on Sunday. According to the Met Office, more rain is expected i
Published 29 Jul, 2019 12:00am
No-trust move against Sanjrani: Sarwar refutes reports of horse-trading

No-trust move against Sanjrani: Sarwar refutes reports of horse-trading

Punjab Governor Chaudhry Sarwar has said that the incumbent Pakistan Tehreek-e-Insaf (PTI) government is not involved in any horse trading to save Senate Chairman Sadiq Sanjrani and all votes "consciously" casted by senators will turn into his favour.
Published 29 Jul, 2019 12:00am
Pre-Hajj flight operation to end on August 6

Pre-Hajj flight operation to end on August 6

The month long pre-Hajj flight operation to bring 200,000 intending pilgrims to Saudi Arabia would be concluded on August 6. Spokesman of Ministry of Religious Affairs and Interfaith Harmony in a statement said on Sunday that 129,000 pilgrims including 93
Published 29 Jul, 2019 12:00am
Funeral prayers of martyrs Hafeezullah, Nadir offered

Funeral prayers of martyrs Hafeezullah, Nadir offered

Funeral prayers of martyred sepoy Nadir Hussain and sepoy Hafeezullah were offered on Sunday. Ten personnel of the armed forces were martyred in two separate attacks in Balochistan and North Waziristan tribal region. Funeral prayers of Sepoy Hafeezullah w
Published 29 Jul, 2019 12:00am
Wrong policies of ex-rulers resulted in heavy debts: Buzdar

Wrong policies of ex-rulers resulted in heavy debts: Buzdar

Punjab Chief Minister Usman Buzdar has said that wrong policies of former governments have resulted in payable amount of billions of rupees, heavy debts, devastated infrastructure and worst conditions in education and health sectors in Punjab.
Published 29 Jul, 2019 12:00am
KP CM directs speedy completion of Swat motorway's phase-II

KP CM directs speedy completion of Swat motorway's phase-II

KP Chief Minister Mahmood Khan has directed speedy completion of the Phase-II of Swat Motorway while the consideration of a protective wall will also considered in its designing. He was presiding over a meeting regarding progress on Swat Motorway here on
Published 29 Jul, 2019 12:00am
Nursing heads directed to comply with rules & regulations

Nursing heads directed to comply with rules & regulations

Director General Nursing Punjab Kausar Parveen has directed all the nursing superintendents to remain vigilant and ensure strict compliance of the rules and regulations prescribed to be followed by staff nurses in public sector hospitals.
Published 29 Jul, 2019 12:00am
Trump rejects charges of racism after accusations of 'hate agenda'

Trump rejects charges of racism after accusations of 'hate agenda'

US President Donald Trump pushed back on Sunday against charges that he was racist and promoting a "hate agenda" to win reelection following his attacks on a prominent black lawmaker and his constituency. In a series of tweets, Trump had on Saturday taken
Published 29 Jul, 2019 12:00am
Carlos Cruz-Diez, major figure in kinetic art, dies

Carlos Cruz-Diez, major figure in kinetic art, dies

Carlos Cruz-Diez, one of the major figures in kinetic art, has died at the age of 95 in Paris, his family announced Sunday. "It is with deep sadness that we announce the death of our beloved father, grandfather and great-grandfather, Carlos Eduardo Cruz-D
Published 29 Jul, 2019 12:00am
Italians pay hommage to slain police officer

Italians pay hommage to slain police officer

Thousands of people paid hommage Sunday to an Italian police officer whose stabbing death sparked a national outcry, while the leaked photo of a blindfolded US suspect raised protests. Flowers were laid in front of the station where officer Mario Rega Cer
Published 29 Jul, 2019 12:00am
Sudan police tear gas rally urging impartial probe into deadly raid

Sudan police tear gas rally urging impartial probe into deadly raid

Sudanese police fired tear gas Sunday at scores of protesters demanding an independent probe into a deadly June raid on a Khartoum sit-in, despite an investigation identifying eight officers it said were involved. The joint probe by prosecutors and Sudan'
Published 29 Jul, 2019 12:00am
Nearly 400 detained in record Vietnam gambling bust

Nearly 400 detained in record Vietnam gambling bust

More than 380 Chinese nationals were detained during a raid on a gambling ring in Vietnam, state media reported Sunday, in what police claim is the biggest-ever betting operation run by foreigners. Most forms of gambling are illegal for locals in Vietnam,
Published 29 Jul, 2019 12:00am
Iran invites Pompeo for interview by reporter once detained in US

Iran invites Pompeo for interview by reporter once detained in US

Iran on Sunday invited Mike Pompeo to be interviewed by a state television anchor who was once detained in America, after the top US diplomat said he was willing to talk to its people. Pompeo said Thursday in an interview with Bloomberg that he would "hap
Published 29 Jul, 2019 12:00am
Storms claim three lives in Italy

Storms claim three lives in Italy

Freak storms and flash flooding following last week's heatwave in Italy claimed three lives this weekend, including a young woman caught up in a mini-tornado near Rome's Fiumicino airport. The 26-year-old woman was driving home at around 2:00 am Sunday wh
Published 29 Jul, 2019 12:00am
Canadian air force joins hunt for teen murder suspects

Canadian air force joins hunt for teen murder suspects

The Royal Canadian Air Force has joined the hunt for two fugitive teens suspected of triple murder, officials said Saturday, backing up a vast search operation unfolding in Manitoba's remote northeast. The suspects, identified as Kam McLeod, 19, and Bryer
Published 29 Jul, 2019 12:00am
Earthquake shakes Athens

Earthquake shakes Athens

An earthquake jolted Athens on Sunday although there were no immediate reports of damage or injuries. According to early reports from the Greek Geodynamic Institute, the 4.2-magnitude quake's epicentre was 23 kilometres (14 miles) northwest of Athens. It
Published 29 Jul, 2019 12:00am
Bombardment in northwest Syria kills nine civilians

Bombardment in northwest Syria kills nine civilians

Regime and russian bombardment on Sunday killed 9 civilians in northwestern Syria where ramped up attacks by the two allies have claimed hundreds of lives since April, a war monitor said. Idlib and parts of the neighbouring provinces of Aleppo, Hama and L
Published 29 Jul, 2019 12:00am
Cyprus frees Israelis in rape case, accuser arrested

Cyprus frees Israelis in rape case, accuser arrested

Cyprus police Sunday released from detention seven Israelis and said the British teenager who accused them of gang rape would face court on suspicion of making a false allegation. "All seven Israelis have been released, since 10:00 am," police spokesman C
Published 29 Jul, 2019 12:00am
Death toll in Nigeria Boko Haram attack rises to 65

Death toll in Nigeria Boko Haram attack rises to 65

An attack by Boko Haram fighters on a funeral in northeast Nigeria left 65 people dead, almost triple the initial toll, a local official said Sunday. Dozens more bodies were discovered following the assault Saturday by gunmen on a village close to the reg
Published 29 Jul, 2019 12:00am
Speculative Eurdollar net longs fall from 11-year high

Speculative Eurdollar net longs fall from 11-year high

Speculators scaled back their bullish bets on short-term US interest rates futures from their highest level in over 11 years earlier this week as they considered a possible rate decrease from the Federal Reserve, government data released on Friday showed.
Published 29 Jul, 2019 12:00am
China's SDIC hires banks for $1 billion London IPO
Exchange

China's SDIC hires banks for $1 billion London IPO

China's state-backed energy firm SDIC Power Holdings has hired a pool of three banks to list in London via the newly-minted Stock Connect scheme, three sources told Reuters, a boost for Britain's status as a financial centre ahead of Brexit.
Published 29 Jul, 2019 12:00am
China's SDIC hires banks for $1 billion London IPO
Exchange

China's SDIC hires banks for $1 billion London IPO

China's state-backed energy firm SDIC Power Holdings has hired a pool of three banks to list in London via the newly-minted Stock Connect scheme, three sources told Reuters, a boost for Britain's status as a financial centre ahead of Brexit.
Published 29 Jul, 2019 12:00am
Chinese IPOs get a red card from foreign investors

Chinese IPOs get a red card from foreign investors

Overseas investors are calling a time-out on Chinese initial public offerings. Wanda Sports on Friday raised $190 million after pricing its IPO below an already revised range, following a wave of companies that have shelved or valued listings cheaply outs
Published 29 Jul, 2019 12:00am
US money market assets hit highest since early 2010

US money market assets hit highest since early 2010

US money market fund assets increased to their highest level since January 2010 as investors piled back into these low-risk products, reversing a slight pullback, the Money Fund Report said on Wednesday. Money fund assets grew by $28.94 billion to $3.240
Published 29 Jul, 2019 12:00am
US money market assets hit highest since early 2010

US money market assets hit highest since early 2010

US money market fund assets increased to their highest level since January 2010 as investors piled back into these low-risk products, reversing a slight pullback, the Money Fund Report said on Wednesday. Money fund assets grew by $28.94 billion to $3.240
Published 29 Jul, 2019 12:00am
EU markets watchdog steps up scrutiny of fees at retail funds

EU markets watchdog steps up scrutiny of fees at retail funds

The European Union's markets watchdog has published draft guidelines to harmonise how performance fees are calculated for EU-regulated retail investment funds. The funds, known as Undertakings for Collective Investment in Transferable Securities, or UCITS
Published 29 Jul, 2019 12:00am
Saudi index keeps rising, Abu Dhabi winning streak ends

Saudi index keeps rising, Abu Dhabi winning streak ends

Financial shares helped lift Saudi Arabia's stock market for a second consecutive session on Sunday, while top lender First Abu Dhabi Bank (FAB) weighed on the Abu Dhabi bourse, bringing an eight-session streak of gains to an end. The Saudi index rose 0.5
Published 29 Jul, 2019 12:00am
Fraudsters exploit interest in Libra digital currency
Kerb

Fraudsters exploit interest in Libra digital currency

Fraudsters are out to cash in on interest in Facebook-backed digital currency Libra, hawking bogus buying opportunities at online venues including the social network itself. Libra is to launch next year, overseen by an association based in Europe, but as
Published 29 Jul, 2019 12:00am
Global green bond supply may slow in second half 2019

Global green bond supply may slow in second half 2019

Green bond supply from around the world in the second half of this year may slow from a record first half, as issuers take time to meet tighter standards on sustainability for activities these bonds are intended to fund, BMO Capital Markets analysts said
Published 29 Jul, 2019 12:00am
Global green bond supply may slow in second half 2019

Global green bond supply may slow in second half 2019

Green bond supply from around the world in the second half of this year may slow from a record first half, as issuers take time to meet tighter standards on sustainability for activities these bonds are intended to fund, BMO Capital Markets analysts said
Published 29 Jul, 2019 12:00am
Deutsche Bank's problem derivatives cloud recovery

Deutsche Bank's problem derivatives cloud recovery

Deutsche Bank AG's turnaround strategy rests in large part on shedding 288 billion euros of unwanted assets. Three bank insiders said it will take years, tying up capital that could have generated income of 500 million euros ($557 million) a year.
Published 29 Jul, 2019 12:00am
Investors pull $1.5 billion from India equities

Investors pull $1.5 billion from India equities

Non-residents have pulled about $1.5 billion from Indian equities so far in July, reversing a strong trend of inflows in previous months, data from the Institute of International Finance showed on Wednesday. "Unlike other episodes, which mostly coincided
Published 29 Jul, 2019 12:00am
China will pursue forex reserves diversification in prudent way
Exchange

China will pursue forex reserves diversification in prudent way

China will pursue the diversification of its foreign exchange reserves in a steady, prudent way, the country's foreign exchange regulator said on Sunday as it for the first time released some broad data on its reserve holdings. China, which has for some y
Published 29 Jul, 2019 12:00am
Saudi chemical giant profits nosedive

Saudi chemical giant profits nosedive

Saudi petrochemicals giant SABIC said on Sunday its net profits for the second quarter and first half of this year dived due to a sharp decline in product prices. SABIC net profit for the three months to June 30 slid by 68 percent to 2.1 billion riyals ($
Published 29 Jul, 2019 12:00am
Saudi chemical giant profits nosedive

Saudi chemical giant profits nosedive

Saudi petrochemicals giant SABIC said on Sunday its net profits for the second quarter and first half of this year dived due to a sharp decline in product prices. SABIC net profit for the three months to June 30 slid by 68 percent to 2.1 billion riyals ($
Published 29 Jul, 2019 12:00am
ECB survey shows inflation expectations slipping
Currency

ECB survey shows inflation expectations slipping

Financial experts' forecasts of eurozone inflation in the coming years are ebbing further from the European Central Bank's target of just below 2.0 percent, a survey published Friday showed. The sombre outlook for price growth - the yardstick for the ECB'
Published 29 Jul, 2019 12:00am
Air France to place mega-order for A220 jets

Air France to place mega-order for A220 jets

Air France will this week announce plans to purchase between 50 and 70 Canadian-made Airbus A220 medium-haul jetliners, part of a keenly-awaited revamp of its fleet, France's Journal du Dimanche newspaper reported Sunday. Air France's board is expected to
Published 29 Jul, 2019 12:00am
South Africa panel backs land seizures, within limits

South Africa panel backs land seizures, within limits

A South African advisory panel on Sunday backed land redistribution without compensation for owners, but only in limited circumstances, as the government pushes ahead with the controversial policy. President Cyril Ramaphosa established the panel of expert
Published 29 Jul, 2019 12:00am
Mexico, Honduras agree to create 20,000 jobs and stem migration

Mexico, Honduras agree to create 20,000 jobs and stem migration

A scheme to create 20,000 jobs in Honduras has been agreed between the country's president and Mexico's leader in an attempt to stem the flow of migrants toward the United States. Mexico, which is a stepping stone to the US for many from Central America s
Published 29 Jul, 2019 12:00am
Nigeria plots course to membership of Africa's planned free trade zone

Nigeria plots course to membership of Africa's planned free trade zone

Nigeria is backing its commitment to join Africa's recently agreed free trade zone by setting up a committee to implement the agreement, and promising new laws where necessary to enact membership of the pact, the presidency said on Sunday. The African Con
Published 29 Jul, 2019 12:00am
Nigeria's central bank extends cheap credit to milk producers
Currency

Nigeria's central bank extends cheap credit to milk producers

Nigeria's central bank plans to extend a low-interest loan offer to local milk producers to discourage imports after it curbed access to forex for the sector. The bank said in a statement that it had met with milk importers, after the currency restriction
Published 29 Jul, 2019 12:00am
Total plans $5 billion of asset sales to future-proof business

Total plans $5 billion of asset sales to future-proof business

French energy giant Total will sell about $5 billion of assets, mostly from its exploration and production business as it sharpens its focus on low-breakeven projects that can weather weak oil prices, it said on Thursday. The announcement followed a 19 pe
Published 29 Jul, 2019 12:00am
Total plans $5 billion of asset sales to future-proof business

Total plans $5 billion of asset sales to future-proof business

French energy giant Total will sell about $5 billion of assets, mostly from its exploration and production business as it sharpens its focus on low-breakeven projects that can weather weak oil prices, it said on Thursday. The announcement followed a 19 pe
Published 29 Jul, 2019 12:00am
Hyundai Motor lays out US recovery plan
Exchange

Hyundai Motor lays out US recovery plan

South Korea's Hyundai Motor Co laid out its US sales turnaround plan on Monday with an expanded line-up of sport-utility vehicles (SUV), after posting its biggest quarterly profit jump in seven years. The automaker forecast its US market share to begin ri
Published 29 Jul, 2019 12:00am
Hyundai Motor lays out US recovery plan
Exchange

Hyundai Motor lays out US recovery plan

South Korea's Hyundai Motor Co laid out its US sales turnaround plan on Monday with an expanded line-up of sport-utility vehicles (SUV), after posting its biggest quarterly profit jump in seven years. The automaker forecast its US market share to begin ri
Published 29 Jul, 2019 12:00am
Bayer sells Dr Scholl's for $585 million

Bayer sells Dr Scholl's for $585 million

German chemicals and pharmaceuticals giant Bayer said on Monday that it had agreed to sell over-the-counter foot care brand Dr Scholl's to US-based Yellow Wood Partners. The Boston private equity firm will pay $585 million (521 million euros) for the busi
Published 29 Jul, 2019 12:00am
Halliburton profit beats on international demand for oilfield services

Halliburton profit beats on international demand for oilfield services

Halliburton Co on Monday reported a second-quarter profit that beat analysts' estimates as its largest oil-well services unit exceeded expectations, sending shares to their biggest one-day gain in nearly three years. The Houston-based oilfield company is
Published 29 Jul, 2019 12:00am
Halliburton profit beats on international demand for oilfield services

Halliburton profit beats on international demand for oilfield services

Halliburton Co on Monday reported a second-quarter profit that beat analysts' estimates as its largest oil-well services unit exceeded expectations, sending shares to their biggest one-day gain in nearly three years. The Houston-based oilfield company is
Published 29 Jul, 2019 12:00am
Spanish costs and weak UK push Santander profit 18 percent lower

Spanish costs and weak UK push Santander profit 18 percent lower

Spanish lender Santander reported an 18 percent fall in quarterly net profit hurt by one-off restructuring costs from its acquisition of Banco Popular and a weak performance in Britain despite a solid performance in Latin America. It reported a net profit
Published 29 Jul, 2019 12:00am
Spanish costs and weak UK push Santander profit 18 percent lower

Spanish costs and weak UK push Santander profit 18 percent lower

Spanish lender Santander reported an 18 percent fall in quarterly net profit hurt by one-off restructuring costs from its acquisition of Banco Popular and a weak performance in Britain despite a solid performance in Latin America. It reported a net profit
Published 29 Jul, 2019 12:00am
Orange sees improvement in France's telecommunications market

Orange sees improvement in France's telecommunications market

Orange signalled the start of an easing in the fierce competition in France's telecoms market, after posting slightly better-than-expected second-quarter results on Thursday. Orange, France's biggest telecoms group, said it managed to stabilise sales in t
Published 29 Jul, 2019 12:00am
SK Hynix warns of chip supply disruption on Japan's export curbs

SK Hynix warns of chip supply disruption on Japan's export curbs

Chipmaker SK Hynix Inc warned on Thursday of a supply disruption due to an escalating trade dispute between South Korea and Japan, and said it would cut investment and production to support a nascent recovery in chip demand. The global memory chip market
Published 29 Jul, 2019 12:00am
UniCredit may cut 10,000 jobs under new plan

UniCredit may cut 10,000 jobs under new plan

Italy's biggest bank by assets UniCredit is considering cutting around 10,000 jobs, or 10 percent of its global workforce, as part of a new business plan to be unveiled in December, two sources close to the matter said on Monday. One of the sources said t
Published 29 Jul, 2019 12:00am
Microsoft joins project on ethical artificial intelligence

Microsoft joins project on ethical artificial intelligence

Microsoft on Monday announced a $1 billion investment in an OpenAI ethical artificial intelligence project backed by Tesla's Elon Musk and Amazon. The partnership will be devoted to developing advanced AI models on Microsoft's Azure cloud computing platfo
Published 29 Jul, 2019 12:00am
WhatsApp to launch digital payments service in India

WhatsApp to launch digital payments service in India

Messaging giant WhatsApp plans to launch its first payment service this year in India, its biggest market with 400 million users, the company said Friday. The Facebook-owned firm has tested the service with about one million people over the past year. But
Published 29 Jul, 2019 12:00am
Italy drafts 'no-mobile-phone phobia' law

Italy drafts 'no-mobile-phone phobia' law

Italy's anti-establishment Five Star Movement (M5S) has drafted a law aimed at preventing and treating the rising phenomenon of addiction to mobile phones and computers, particularly among the young. The bill seeks to treat so-called "no-mobile-phone phob
Published 29 Jul, 2019 12:00am
Kitchen disruption: better food through artificial intelligence

Kitchen disruption: better food through artificial intelligence

Looking for that perfect recipe, or a new flavour combination that delights the senses? Increasingly, players in the food industry are embracing artificial intelligence to better understand the dynamics of flavour, aroma and other factors that go into mak
Published 29 Jul, 2019 12:00am
Facebook to fix kids app flaw allowing chats with strangers

Facebook to fix kids app flaw allowing chats with strangers

Facebook acknowledged July 23 that a flaw in its Messenger Kids service allowed children get into group chats with people who were not approved by their parents. The leading social network said it has been shutting down the group chats involved and notify
Published 29 Jul, 2019 12:00am
Shrinking glaciers and rockfalls point to climate change in Alps

Shrinking glaciers and rockfalls point to climate change in Alps

High in the French Alps on the famed Mont Blanc mountain range, it is not hard to find evidence of the toll of global warming. Visitors arriving from the last tramstop before the 4,809-metre summit are forced to take 20 steps more each year to reach the r
Published 29 Jul, 2019 12:00am
Maintaining or starting exercise in middle age tied to longer life

Maintaining or starting exercise in middle age tied to longer life

Even if they were inactive during their younger years, middle aged and older adults who get at least the minimum recommended amount of exercise each week may live longer than their sedentary counterparts, suggests a large UK study. Physical activity has l
Published 29 Jul, 2019 12:00am
Multidrug-resistant malaria spreading in Southeast Asia

Multidrug-resistant malaria spreading in Southeast Asia

Strains of malaria resistant to two key anti-malarial medicines are becoming more dominant in Vietnam, Laos and northern Thailand after spreading rapidly from Cambodia, scientists warned on Monday. Using genomic surveillance to track the spread of drug-re
Published 29 Jul, 2019 12:00am
Deployment of second Ebola vaccine won't be a quick fix, experts warn

Deployment of second Ebola vaccine won't be a quick fix, experts warn

The resignation of Congo's health minister in the midst of the country's worst Ebola outbreak could clear the way for a second experimental vaccine to be deployed. But the new shot would likely take months to win the trust of frightened locals and show re
Published 29 Jul, 2019 12:00am
Sri Lanka seal series against Bangladesh with easy win

Sri Lanka seal series against Bangladesh with easy win

Avishka Fernando hit a quick-fire half-century as Sri Lanka eased to a seven-wicket win over Bangladesh in the second one-day international to seal the three-match series in Colombo on Sunday. Opener Fernando made 82 off 75 balls, helping Sri Lanka reach
Published 29 Jul, 2019 12:00am
Basilashvili retains Hamburg title

Basilashvili retains Hamburg title

Georgian Nikoloz Basilashvili retained his title at the Hamburg Open on Sunday when he beat unseeded Russian Andrey Rublev, 7-5, 4-6, 6-3. Basilashvili, who was seeded fourth at the clay-court event, is ranked 16th in the world but will lose points becaus
Published 29 Jul, 2019 12:00am
India threatens Commonwealth Games boycott if shooting scrapped

India threatens Commonwealth Games boycott if shooting scrapped

The Commonwealth Games Federation Sunday pledged to hold talks with India after its Olympic body threatened a boycott of the 2022 event in Birmingham over the exclusion of shooting. India topped the table for shooting at last year's Commonwealth Games in
Published 29 Jul, 2019 12:00am
Verstappen wins chaotic German Grand Prix

Verstappen wins chaotic German Grand Prix

Max Verstappen took full advantage of his rivals' calamities on Sunday to win an epic, rain-lashed and wildly-spectacular German Grand Prix for Red Bull ahead of Sebastian Vettel of Ferrari. The 21-year-old Dutchman secured his second win of the season an
Published 29 Jul, 2019 12:00am
Liverpool sign teen record-breaker Harvey Elliott

Liverpool sign teen record-breaker Harvey Elliott

Liverpool have completed the signing of 16-year-old winger Harvey Elliott from Fulham, the European champions announced on Sunday. "To have joined the club that I supported as a boy is a dream come true for me and all of my family and it's an incredible f
Published 29 Jul, 2019 12:00am
Real Madrid block Bale China move over fee

Real Madrid block Bale China move over fee

Gareth Bale's move to Chinese side Jiangsu Suning collapsed on Sunday after Real Madrid cancelled the proposed deal due to wrangling over the fee, a source told AFP on Sunday. Bale, 30, who has been in the Spanish capital since 2013, was expected to join
Published 29 Jul, 2019 12:00am
Anderson and Broad key to Ashes glory, says Harmison

Anderson and Broad key to Ashes glory, says Harmison

Veteran pacemen James Anderson and Stuart Broad hold the key to England's bid to reclaim the Ashes this summer, according to their former teammate Steve Harmison. Test cricket's oldest battle resumes at Edgbaston on Thursday, with Joe Root's side aiming t
Published 29 Jul, 2019 12:00am
Bayliss admits 'stern' chat with England Test players

Bayliss admits 'stern' chat with England Test players

Coach Trevor Bayliss admitted Sunday he had a "stern chat" with England's players after they rallied to avoid an embarrassing Test defeat to Ireland. England were bundled out for 85 in the first session of their inaugural Test against Ireland at Lord's bu
Published 29 Jul, 2019 12:00am
Dressel 'hair loss' after Brits foil bid for magnificent seven

Dressel 'hair loss' after Brits foil bid for magnificent seven

American swim sensation Caeleb Dressel complained of losing his hair Sunday after Duncan Scott's electrifying relay anchor leg denied him a seventh world title in eight days. Hot on the heels of Britain's stunning 4x100 metres medley gold, there were no s
Published 29 Jul, 2019 12:00am
Your rupee last week
Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (July 22 to 26, 2019).

Published 29 Jul, 2019 12:00am
The Weather

The Weather

The weather report on Sunday (July 28, 2019) and the forecast for Monday (July 29, 2019).

Published 29 Jul, 2019 12:00am
Government raises $500 million through Islamic syndicated loan

Government raises $500 million through Islamic syndicated loan

The government of Pakistan has raised $500 million through an Islamic syndicated loan provided by a consortium of 12 banks, it said in a statement on Sunday. The loan, coordinated by Emirates NBD Capital, was 40 percent oversubscribed. The group of lender
Published 29 Jul, 2019 12:00am
Government raises $500 million through Islamic syndicated loan

Government raises $500 million through Islamic syndicated loan

The government of Pakistan has raised $500 million through an Islamic syndicated loan provided by a consortium of 12 banks, it said in a statement on Sunday. The loan, coordinated by Emirates NBD Capital, was 40 percent oversubscribed. The group of lender
Published 29 Jul, 2019 12:00am
Government raises $500 million through Islamic syndicated loan

Government raises $500 million through Islamic syndicated loan

The government of Pakistan has raised $500 million through an Islamic syndicated loan provided by a consortium of 12 banks, it said in a statement on Sunday. The loan, coordinated by Emirates NBD Capital, was 40 percent oversubscribed. The group of lender
Published 29 Jul, 2019 12:00am
Government raises $500 million through Islamic syndicated loan

Government raises $500 million through Islamic syndicated loan

The government of Pakistan has raised $500 million through an Islamic syndicated loan provided by a consortium of 12 banks, it said in a statement on Sunday. The loan, coordinated by Emirates NBD Capital, was 40 percent oversubscribed. The group of lender
Published 29 Jul, 2019 12:00am
Deployment of 10,000 fresh troops sparks fear in IoK

Deployment of 10,000 fresh troops sparks fear in IoK

Tensions in Indian-occupied Kashmir rose Sunday over the weekend deployment of at least 10,000 paramilitary troops to the troubled region despite authorities' assertions the move was routine. India maintains a deployment of 500,000 soldiers in the Muslim-
Published 29 Jul, 2019 12:00am
Previous Day