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Print - 2019-08-11
PM apprises King of Bahrain about situation

PM apprises King of Bahrain about situation

Prime Minister Imran Khan has made a telephone call to the King of Bahrain, Shaikh Hamad bin Isa Al-Khalifa, to apprise him of the evolving situation in the Occupied Kashmir and Indian violation of the UN Security Council resolutions.
Published 11 Aug, 2019 12:00am
PM apprises King of Bahrain about situation

PM apprises King of Bahrain about situation

Prime Minister Imran Khan has made a telephone call to the King of Bahrain, Shaikh Hamad bin Isa Al-Khalifa, to apprise him of the evolving situation in the Occupied Kashmir and Indian violation of the UN Security Council resolutions.
Published 11 Aug, 2019 12:00am
China has acquiesced to Pakistan's decision to move UNSC

China has acquiesced to Pakistan's decision to move UNSC

Foreign Minister Shah Mehmood Qureshi on Saturday said that China supported Pakistan's decision to take up the Indian government's August 5 illegal actions with United Nations Security Council (UNSC) on which the two sides are working jointly. Speaking at
Published 11 Aug, 2019 12:00am
China has acquiesced to Pakistan's decision to move UNSC

China has acquiesced to Pakistan's decision to move UNSC

Foreign Minister Shah Mehmood Qureshi on Saturday said that China supported Pakistan's decision to take up the Indian government's August 5 illegal actions with United Nations Security Council (UNSC) on which the two sides are working jointly. Speaking at
Published 11 Aug, 2019 12:00am
Government fails to settle GIDC issue with fertilizer industry

Government fails to settle GIDC issue with fertilizer industry

The federal government has failed to settle Gas Infrastructure Development Cess (GIDC) issue in accordance with the understanding reached with domestic fertilizer industry. Last month, the government had allowed fertilizer industry an increase of Rs 10 pe
Published 11 Aug, 2019 12:00am
Government fails to settle GIDC issue with fertilizer industry

Government fails to settle GIDC issue with fertilizer industry

The federal government has failed to settle Gas Infrastructure Development Cess (GIDC) issue in accordance with the understanding reached with domestic fertilizer industry. Last month, the government had allowed fertilizer industry an increase of Rs 10 pe
Published 11 Aug, 2019 12:00am
Government fails to settle GIDC issue with fertilizer industry

Government fails to settle GIDC issue with fertilizer industry

The federal government has failed to settle Gas Infrastructure Development Cess (GIDC) issue in accordance with the understanding reached with domestic fertilizer industry. Last month, the government had allowed fertilizer industry an increase of Rs 10 pe
Published 11 Aug, 2019 12:00am
Some 2.5 million Muslims perform Hajj

Some 2.5 million Muslims perform Hajj

Nearly 2.5 million Muslim pilgrims converged on Mount Arafat in Saudi Arabia on Saturday marshalled by tens of thousands of stewards in a bid to prevent any repetition of previous years' deadly stampedes. Movable crowd control barriers were erected all ar
Published 11 Aug, 2019 12:00am
Some 2.5 million Muslims perform Hajj

Some 2.5 million Muslims perform Hajj

Nearly 2.5 million Muslim pilgrims converged on Mount Arafat in Saudi Arabia on Saturday marshalled by tens of thousands of stewards in a bid to prevent any repetition of previous years' deadly stampedes. Movable crowd control barriers were erected all ar
Published 11 Aug, 2019 12:00am
Your rupee last year
Exchange

Your rupee last year

Following currency fluctuations took place in foreign exchange rates during the last year. (July 03, 2018 to June 28, 2019).

Published 11 Aug, 2019 12:00am
The Weather

The Weather

The weather report on Saturday (August 10, 2019) and the forecast for Sunday (August 11, 2019).

Published 11 Aug, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 10, 2019).

Published 11 Aug, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 10, 2019).

Published 11 Aug, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (August 10, 2019).

Published 11 Aug, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (August 10, 2019)

Published 11 Aug, 2019 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 10, 2019).

Published 11 Aug, 2019 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (August 10, 2019).

Published 11 Aug, 2019 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 10, 2019).

Published 11 Aug, 2019 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 10, 2019).

Published 11 Aug, 2019 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

The rupee failed to come out of overnight weakness against the dollar on the money market on Saturday in the process of trading activity, dealers said.
Published 11 Aug, 2019 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

The rupee failed to come out of overnight weakness against the dollar on the money market on Saturday in the process of trading activity, dealers said.
Published 11 Aug, 2019 12:00am
Vietnamese coffee prices up

Vietnamese coffee prices up

Higher demand from global buyers and lack of domestic supply pushed up prices in Vietnam this week, while supply in Indonesia is expected to dip as the harvest there draws to a close.
Published 11 Aug, 2019 12:00am
CBOT soyabean rises ahead of USDA data

CBOT soyabean rises ahead of USDA data

Chicago Board of Trade (CBOT) soyabean futures climbed to a 1-1/2 week high on Friday on concerns about dry US Midwest weather and as traders squared positions ahead of a US government report due for release on Monday, traders said. CBOT September soyabea
Published 11 Aug, 2019 12:00am
Thai rice prices rise; Vietnam eyes South American market

Thai rice prices rise; Vietnam eyes South American market

Rice export prices in Thailand rose this week on worries that the country's worst drought in about a decade could further squeeze supply, while Vietnam explored potential deals in the south American market. Thailand's benchmark 5-percent broken rice price
Published 11 Aug, 2019 12:00am
Latam stocks down; Argentine stocks surge

Latam stocks down; Argentine stocks surge

Most Latin American currencies were set to end a tumultuous week on a soft note on Friday as worries about the US-China trade dispute and global growth kept investors on edge.
Published 11 Aug, 2019 12:00am
Latam stocks down; Argentine stocks surge

Latam stocks down; Argentine stocks surge

Most Latin American currencies were set to end a tumultuous week on a soft note on Friday as worries about the US-China trade dispute and global growth kept investors on edge.
Published 11 Aug, 2019 12:00am
Precious metal funds reap 4th biggest weekly inflows

Precious metal funds reap 4th biggest weekly inflows

Precious metal funds recorded the fourth-largest inflows ever in the week to Wednesday and investment-grade funds sucked in money, Bank of America Merrill Lynch said on Friday, as rising trade tensions and global growth concerns prompted a dash for safe h
Published 11 Aug, 2019 12:00am
Precious metal funds reap 4th biggest weekly inflows

Precious metal funds reap 4th biggest weekly inflows

Precious metal funds recorded the fourth-largest inflows ever in the week to Wednesday and investment-grade funds sucked in money, Bank of America Merrill Lynch said on Friday, as rising trade tensions and global growth concerns prompted a dash for safe h
Published 11 Aug, 2019 12:00am
Loonie strengthens on strong wage increase
Currency

Loonie strengthens on strong wage increase

The Canadian dollar strengthened against its US counterpart on Friday, recovering from an earlier loss after a decline in July employment numbers, as the increase in wages firmed investors' belief in a strong Canadian economy.
Published 11 Aug, 2019 12:00am
Speculators cut net long US dollar bets
Currency

Speculators cut net long US dollar bets

Speculators trimmed their net long bets on the US dollar in the latest week, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.
Published 11 Aug, 2019 12:00am
Emerging market currencies to bounce back
Exchange

Emerging market currencies to bounce back

Battered emerging market currencies will eventually bounce back from their beating in the past week on worries about the US-led trade war, but risks remain for currencies of commodity exporters inextricably linked to China, a Reuters poll found.
Published 11 Aug, 2019 12:00am
Yen, Swiss franc advance on trade fears, bleak global data
Currency

Yen, Swiss franc advance on trade fears, bleak global data

The yen and Swiss franc gained on Friday as investors sought safe-haven currencies due to US-China trade war concerns, political uncertainty in Italy, and weak economic data around the world. Deep liquidity and current account surpluses in Japan and Switz
Published 11 Aug, 2019 12:00am
Japan economy grows faster than expected on new-era holidays

Japan economy grows faster than expected on new-era holidays

Japan's economy grew at a faster-than-expected clip in the second quarter, official data showed on Friday, helped by celebrations to usher in a new imperial era. Gross domestic product (GDP) in the world's third-biggest economy grew 0.4 percent from the p
Published 11 Aug, 2019 12:00am
UniCredit cuts revenue target amid 'tough' environment

UniCredit cuts revenue target amid 'tough' environment

Italian bank UniCredit cut its 2019 revenue target Wednesday, citing "a tough macroeconomic environment" marked in particular by low interest rates that undermine lending operations. In the second quarter of the year, the bank's revenues declined by 4.6 p
Published 11 Aug, 2019 12:00am
UniCredit cuts revenue target amid 'tough' environment

UniCredit cuts revenue target amid 'tough' environment

Italian bank UniCredit cut its 2019 revenue target Wednesday, citing "a tough macroeconomic environment" marked in particular by low interest rates that undermine lending operations. In the second quarter of the year, the bank's revenues declined by 4.6 p
Published 11 Aug, 2019 12:00am
Majority of Germans to stop paying 'solidarity tax' from 2021

Majority of Germans to stop paying 'solidarity tax' from 2021

The majority of German taxpayers will no longer have to pay a "solidarity tax" introduced after the reunification of the country almost quarter of a century ago to support poorer eastern states, according to a draft law seen by Reuters. The government, co
Published 11 Aug, 2019 12:00am
Clashes kill 55 combatants in northwest Syria

Clashes kill 55 combatants in northwest Syria

Clashes between regime loyalists and insurgents in northwest Syria killed 55 combatants on Saturday, as government forces continued to nibble away at territory held by its opponents, a war monitor said. Hayat Tahrir al-Sham (HTS), a jihadist group led by
Published 11 Aug, 2019 12:00am
Four Palestinians killed on Gaza border
Exchange

Four Palestinians killed on Gaza border

The Israeli army said its troops shot dead four heavily armed Palestinians on the Gaza border early Saturday, alleging one of them had managed to cross and throw a grenade at soldiers. There have been frequent clashes along the Gaza border since the Pales
Published 11 Aug, 2019 12:00am
US financier Epstein 'commits suicide' in jail

US financier Epstein 'commits suicide' in jail

Disgraced US financier Jeffrey Epstein has committed suicide in prison while awaiting trial on charges that he trafficked underage girls for sex, officials and media reported Saturday, sparking an FBI investigation. Epstein, a convicted pedophile who befr
Published 11 Aug, 2019 12:00am
At least 18 dead as Typhoon Lekima slams east China

At least 18 dead as Typhoon Lekima slams east China

At least 18 people were killed and 14 others missing as Typhoon Lekima lashed eastern China Saturday, downing thousands of trees and forcing more than a million people from their homes. Waves several metres high hit the coastline as the storm made landfal
Published 11 Aug, 2019 12:00am
UK may lack ships to police waters after Brexit: Government leak

UK may lack ships to police waters after Brexit: Government leak

Britain could struggle to stop European Union fishing boats illegally entering its waters after a no-deal Brexit due to a lack of enforcement vessels, according to a leaked government email. The document, prepared by officials in the Department for Enviro
Published 11 Aug, 2019 12:00am
Iran unveils 'improved' radar air defence system
Exchange

Iran unveils 'improved' radar air defence system

Iran unveiled on Saturday what authorities said was a locally upgraded radar system with a range of 400 km (250 miles) that could help defend against cruise and ballistic missiles and drones. The announcement comes at a time of rising tension between Iran
Published 11 Aug, 2019 12:00am
Sindh to set up courts for special persons

Sindh to set up courts for special persons

Special Assistant to Chief Minister Sindh on Department of Empowerment of Persons with Disabilities, Syed Qasim Naveed Qamar has said that Sindh Government has decided to establish special courts for the protection of the rights of the special persons. Th
Published 11 Aug, 2019 12:00am
Gold price touches a new high

Gold price touches a new high

Gold prices on Saturday touched a new high of Rs87,300 per tola after the yellow metal was traded for $1498 an ounce on the global market, traders said. Gold prices posted an increase of Rs350 per tola to hit a new high. The yellow metal is selling for Rs
Published 11 Aug, 2019 12:00am
PBIF seeks special plan for reducing poverty

PBIF seeks special plan for reducing poverty

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has emphasized the need that special plan should be finalized without delay to improve the overall situation for reducing poverty which is in line with the aspirations of Pr
Published 11 Aug, 2019 12:00am
KCCI polls scheduled for Sept 26

KCCI polls scheduled for Sept 26

Businessmen Group (BMG) led by Siraj Kassam Teli has nominated Agha Shahab Ahmed, Arshad Islam and Shahid Ismail as candidates for president, senior vice president and vice president of Karachi Chamber of Commerce and Industry (KCCI) for the year of 2019-
Published 11 Aug, 2019 12:00am
'Sustainable profits achieved by adopting ethical practices'

'Sustainable profits achieved by adopting ethical practices'

Pakistan Business Council's Centre of Excellence in Responsible Business (CERB), ACCA and British Deputy High Commission jointly hosted an Ethics and Governance Workshop at LUMS, Lahore. Event featured release of ACCA and CERB joint survey 'Ethical Mindse
Published 11 Aug, 2019 12:00am
Rain-related incidents claim three lives in KP

Rain-related incidents claim three lives in KP

At least three persons died in rain and flood related incidents in different areas of Khyber Pakhtunkhwa here on Saturday. According to details, two persons died when their car was swept away by flash flood in Arang Tehsil of Bajaur district. Similarly, o
Published 11 Aug, 2019 12:00am
Eid-ul-Azha: Comprehensive security plan devised for Capital

Eid-ul-Azha: Comprehensive security plan devised for Capital

The city police have devised comprehensive security plan for Eid-ul-Azha and special deployment would be made to guard worship places on the occasion. According to the security plan, over 2,000 police personnel would be deployed in various parts of the ci
Published 11 Aug, 2019 12:00am
Prices of essential kitchen items continue to rise

Prices of essential kitchen items continue to rise

Prices of essential kitchen items continued the escalating trend during this week past as compared to previous week, a survey conducted by Business Recorder revealed here on Saturday. The survey observed an increase in prices of chicken, chicken me
Published 11 Aug, 2019 12:00am
Pakistani diaspora urged to observe Aug 15 as 'black day'

Pakistani diaspora urged to observe Aug 15 as 'black day'

Special Assistant to the Prime Minister on Overseas Pakistanis Syed Zulfiqar Abbas Bukhari Saturday appealed to the Pakistani diaspora to observe August 15 as 'Black Day' by holding protests outside Indian embassies and consulates in their respective coun
Published 11 Aug, 2019 12:00am
Torrential rains: Domestic flights of PIA rescheduled

Torrential rains: Domestic flights of PIA rescheduled

Following the torrential rains in Karachi, Pakistan International Airline (PIA) has cancelled and re-scheduled some of its domestic flights on Saturday and for Sunday. According to details, PIA has cancelled PK 536 and 537 Karachi-Sukkur-Karachi, PK 687,
Published 11 Aug, 2019 12:00am
MCC, Appraisement West to remain open today

MCC, Appraisement West to remain open today

Model Customs Collectorate (MCC), Appraisement West will observe August 11 (Sunday) as normal working day in order to mitigate the worries of the trade and dispose of examination work at port. In a letter issued to KICT here on Saturday, MCC, Appraisement
Published 11 Aug, 2019 12:00am
Karachi University ASRB awards: 27 PhD, 20 MPhil degrees

Karachi University ASRB awards: 27 PhD, 20 MPhil degrees

The Advanced Studies and Research Board (ASRB) of the University of Karachi, has awarded as many as 49 degrees including 27 PhD, 20 MPhil and two MS (with course work) degrees in various disciplines. The KU Registrar, Professor Dr Saleem Shahzad, on Thurs
Published 11 Aug, 2019 12:00am
Dr Yasmin inaugurates Surgical unit-III of Services Hospital

Dr Yasmin inaugurates Surgical unit-III of Services Hospital

Terming public service vital for the country's uplift, the Punjab health minister Dr Yasmin Rashid Saturday said the PTI government believes in spending public money on the masses in a transparent manner. While delivering a lecture to the senior registrar
Published 11 Aug, 2019 12:00am
Two youths Electrocuted

Two youths Electrocuted

Two youngsters died of electrocution during rains Saturday. 17-year-old Kaif was electrocuted in his apartment complex in Soldier Bazaar near Yasin Square. Rescue sources said a wire had been left out by the apartment management after they relocated the a
Published 11 Aug, 2019 12:00am
Eid shopping spree badly affected

Eid shopping spree badly affected

Continuing downpour has severely hit the last movement shopping of Eidul Azha, while trading activities in the wholesale and retail commodity markets also remained flat owing to shortage of buyers. Only one day left for Eid and rain for the last two days
Published 11 Aug, 2019 12:00am
Rains expose poor working of civic agencies

Rains expose poor working of civic agencies

Karachi's civic infrastructure, suffering from years of neglect, has badly damaged after the monsoon rains. Experts said that there is a need of coordination among all civic agencies to deal with rains. All the stakeholders such as KMC, KWSB, and Sindh Bu
Published 11 Aug, 2019 12:00am
Maira wins Aquapura Squash trophy

Maira wins Aquapura Squash trophy

Maira Hussain clinched the trophy after defeating her strong rival Sana Bahadur in the Under-15 Girls category of the Khyber Pakhtunkhwa Junior Aquapura Squash Championship played here at PAF Hashim Khan Squash Complex on Saturday.
Published 11 Aug, 2019 12:00am
Obaid Ullah wins Independence Day Cycling Race

Obaid Ullah wins Independence Day Cycling Race

Obaid Ullah of Peshawar clinched the Independence Day Cycling Race held at Northern By-Pass here on Saturday. Secretary General Pakistan Cycling Federation formally inaugurated the 25-km race of the Individual Time Trials were in cyclists from all the sev
Published 11 Aug, 2019 12:00am
Liverpool start Premier League title hunt with win

Liverpool start Premier League title hunt with win

Liverpool taught newly-promoted Norwich a lesson on the opening night of the new Premier League season with a 4-1 win at Anfield on Friday to lay down an early marker in the title race.
Published 11 Aug, 2019 12:00am
Sterling shines in Man City rout, Brighton, Burnley enjoy strong starts

Sterling shines in Man City rout, Brighton, Burnley enjoy strong starts

Manchester City opened the defence of their Premier League title in ominous fashion on Saturday as Raheem Sterling scored a hat-trick in a 5-0 thrashing of West Ham, while Burnley and Brighton enjoyed impressive wins. However, the introduction of Video As
Published 11 Aug, 2019 12:00am
Nadal defeats Fognini for Montreal semis

Nadal defeats Fognini for Montreal semis

Rafael Nadal needed a set to get adjusted before unloading on Fabio Fognini for a 2-6, 6-1, 6-2 victory and a place in the ATP Montreal Masters semi-finals. Nadal, who won his fourth title in Canada a year ago, needed almost two hours on Friday to overcom
Published 11 Aug, 2019 12:00am
Serena dominates Osaka to reach Toronto semis

Serena dominates Osaka to reach Toronto semis

Serena Williams powered past Naomi Osaka 6-3, 6-4 on Friday to reach the semi-finals of the WTA tournament in Toronto. In a rematch of last year's controversial US Open final won by Osaka, eighth-seeded Williams was firing on all cylinders against the sec
Published 11 Aug, 2019 12:00am
West Indies pick uncapped Cornwall for India Tests

West Indies pick uncapped Cornwall for India Tests

West Indies have called up uncapped spin-bowling all-rounder Rahkeem Cornwall for the two Tests against India later this month but paceman Alzarri Joseph will miss the series with injury.
Published 11 Aug, 2019 12:00am
Javeria terms captaining ICC Women's Global Development squad useful

Javeria terms captaining ICC Women's Global Development squad useful

Terming the experience of captaining 'ICC Women's Global Development' squad in England as 'hugely beneficial', Pakistani woman cricketer Javeria Khan said this was a great experience and valuable exposure which provided great learning opportunities.
Published 11 Aug, 2019 12:00am
LCCI holds event for 'clean & green Pakistan'

LCCI holds event for 'clean & green Pakistan'

The Lahore Chamber of Commerce and Industry (LCCI) in collaboration with the Federal Investigation Agency (FIA) Saturday held a ceremony in connection with clean and green Pakistan.
Published 11 Aug, 2019 12:00am
APTMA terms inflated power bills a negation of ECC decision
Cotton

APTMA terms inflated power bills a negation of ECC decision

The All Pakistan Textile Mills Association (APTMA) group leader Gohar Ejaz has said inflated electricity and gas bills for industry is negation of the Economic Coordination Committee (ECC) decision. He urged the government to ensure implementation of its
Published 11 Aug, 2019 12:00am
APATA calls off strike after talks with FBR

APATA calls off strike after talks with FBR

All Pakistan Anjuman-e-Tajiran Association (APATA) has announced to call off its four-day shutter down strike in August, as trade bodies have been successful in striking a deal with the Federal Board of Revenue (FBR).
Published 11 Aug, 2019 12:00am
'Nawaz getting AC, TV and other facilities in prison'

'Nawaz getting AC, TV and other facilities in prison'

The former Prime Minister Nawaz Sharif, who is imprisoned in Kot Lakhpat Jail continues to have the facility of an air conditioner and other necessities like television, table etc, it has been learnt. Responding to the letter of the Pakistan Muslim League
Published 11 Aug, 2019 12:00am
Clarification

Clarification

This is apropos to a NAB press release issued on 9 August 2019. We are supportive of the efforts of the National Accountability Bureau which plays an integral role towards the honest functioning of our institutions ensuring accountability and transparency
Published 11 Aug, 2019 12:00am
Rally to express solidarity with Kashmiris held

Rally to express solidarity with Kashmiris held

Under the arrangements of divisional administration Kashmir solidarity rally was held here to express the solidarity with the Kashmiri and condemning the Indian illegal action regarding the annexation of Indian occupied Jammu and Kashmir.
Published 11 Aug, 2019 12:00am
Firdous inaugurates Sialkot's sports facility centre

Firdous inaugurates Sialkot's sports facility centre

Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan Saturday inaugurated Sports Facility Centre (SFC) established by the Pakistan Sports Goods Manufacturers and Exporters Association (PSGMEA) here on its premises.
Published 11 Aug, 2019 12:00am
No loadshedding during Eid holidays: Lesco

No loadshedding during Eid holidays: Lesco

The Lahore Electric Supply Company (LESCO) announced Saturday that there would observe no loadshedding during Eid holidays. According to the Ministry of Power Division, there would be no load shedding from 11th August to 14th August. The Power Division ha
Published 11 Aug, 2019 12:00am
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