News Archives for Print - 2019-08-15

Print - 2019-08-15

IOK situation: Qureshi briefs Russian counterpart

Foreign Minister Shah Mahmood Qureshi on Wednesday held a phonic conversation with his Russian counterpart Sergey Lavrov to brief him on the current situation in Indian occupied Kashmir (IOK). Qureshi briefed Sergey Lavrov on the illegal and unilateral st

Published 15 Aug, 2019 12:00am

Indian Deputy HC summoned over LoC violations

Pakistan summoned Indian Deputy High Commissioner Gaurav Ahluwalia on Wednesday and condemned the unprovoked ceasefire violations by Indian occupation forces along the Line of Control (LoC) on August 13. The Foreign Office spokesperson Dr Mohammad Faisal

Published 15 Aug, 2019 12:00am

Indian Deputy HC summoned over LoC violations

Published 15 Aug, 2019 12:00am

A coffin with 'lifetime' warranty!

As if the poor and a little less poor don't have enough to worry about the FBR (Federal Board of Revenue) has added to their woes. If anyone of them happens to be the owner of a small car he has to pay anything between Rs 10,000 and Rs 30,000 as token for

Updated 19 Aug, 2019 08:00am

Another UN alarm about global warming

In its recent report on land use and climate change the UN's Intergovernmental Panel on Climate Change (IPCC) highlights the little recognised fact that global warming is linked not only to fossil fuels but also how humans use the land. Prepared by 107 sc

Updated 19 Aug, 2019 08:00am

Unskilled

Eid Mubarak. Definitely I am failing my reading list miserably; the pile of unread material keeps growing and there just aren't enough hours in the day, or perhaps time management skills are seriously lacking. Nonetheless, rummaging through the pile came

Published 15 Aug, 2019 12:00am

Fossil fuels? Plastic? Trump says more is better

President Donald Trump has seen the future and it is oil. And plastic. Where most environmental scientists and most US allies fear that overuse of fossil fuels is driving the planet into crisis, the US president spies only opportunity.

Published 15 Aug, 2019 12:00am

Currency

US yield curve inversion highlights recession fears, Fed dilemma

When the US Federal Reserve cut interest rates last month for the first time in more than a decade, it signaled that further reductions in borrowing costs might not be needed. Bond markets vehemently disagree. Sliding bond yields and the inversion of a ke

Published 15 Aug, 2019 12:00am

US President must walk the talk

Welcoming visiting prime minister Imran Khan to the White House recently, President Donald Trump had expressed his willingness to mediate on the question of Kashmir and looked forward to developing great relationship with Pakistan and working closely on A

Published 15 Aug, 2019 12:00am

Nation celebrates Independence Day as 'Kashmir Solidarity Day'

The nation celebrated 73rd Independence Day as Kashmir Solidarity Day on Wednesday to reaffirm its full support to Kashmiris suffering atrocities at the hands of Indian troops in the Indian Occupied Kashmir (IOK). In a message on twitter, Prime Minister I

Published 15 Aug, 2019 12:00am

Pakistani Embassy of Abu Dhabi celebrates Independence Day

The Embassy of Pakistan in Abu Dhabi, United Arab Emirates, on Wednesday arranged a ceremony to celebrate the Independence Day of Pakistan with zeal and enthusiasm. On the occasion, ambassador of Pakistan to the UAE Ghulam Dastgir hoisted the national fla

Published 15 Aug, 2019 12:00am

Pakistan wants UNSC to stand with IOK people for law & justice: Maleeha

Pakistan has expressed the hope that the 15-member Security Council would meet soon to deal with the grave situation in Indian Occupied Kashmir resulting from India's move to annex the disputed region, Ambassador Maleeha Lodhi said Tuesday,

Published 15 Aug, 2019 12:00am

Kashmir an incomplete agenda of subcontinent's partition: Firdous

Special Assistant to the Prime Minister for Information and Broadcasting Dr Firdous Ashiq Awan on Wednesday said that Kashmir was an incomplete agenda of partition of Indo-Pakistan subcontinent that cannot be completed until Kashmiris gained their right t

Published 15 Aug, 2019 12:00am

AJK celebrates Independence Day as Kashmir Solidarity Day

In Azad Jammu & Kashmir, the 72nd Independence Day of Pakistan was celebrated on Wednesday with traditional national zeal and fervour as the Kashmir Solidarity Day to express complete solidarity and sympathies with the sufferings of freedom-loving people

Published 15 Aug, 2019 12:00am

Tribesmen parade with longest national flag

To pay their gratitude and homage to their motherland on the 73rd Independence Day of the country, the tribesmen of Landi Kotal paraded with the longest National Flag of the country on Wednesday.

Published 15 Aug, 2019 12:00am

Independence Day celebrated as 'Kashmir Solidarity Day' in KP

Likewise, other parts of the country, the 72nd Independence Day on Wednesday celebrated as 'Kashmir Solidarity Day' across Khyber Pakhtunkhwa to express harmony and solidarity with Kashmiris in their recent plight caused by the Indian government.

Published 15 Aug, 2019 12:00am

President grants military awards to officers, soldiers

The President of Pakistan has been pleased to grant the Military awards to the officers and soldiers of Pakistan Army, Navy and Air Force.

Published 15 Aug, 2019 12:00am

Phase-I of KWSSIP: KW&SB to cover O&M cost if reforms implemented: WB

Karachi Water & Sewerage Board (KW&SB) will be able to cover its current operating & maintaining (O&M) cost in three years if reforms supported by Phase-I of Karachi Water & Sewerage Services Improvement Project (KWSSIP) were implemented, the World Bank f

Published 15 Aug, 2019 12:00am

Nation united on Kashmir cause: Zaidi

Federal Minister for Maritime Affairs Syed Ali Haider Zaidi said on Wednesday that the nation is united on the Kashmir cause, and the 'Modi Hitler' is bound to fail in his racist designs in the disputed territory.

Published 15 Aug, 2019 12:00am

PN cadets assume guard responsibility at Quaid's Mazar

A smartly attired contingent of Pakistan Naval Academy cadets assumed the guard responsibility, during an impressive ceremony at Mazar-e-Quaid-e-Azam here on Wednesday Morning. Commodore Irfan Taj was the chief guest on the occasion.

Published 15 Aug, 2019 12:00am

SNGPL holds flag hoisting ceremony

Sui Northern Gas Pipelines Limited (SNGPL) on Wednesday held a flag hoisting ceremony at its head office in Lahore to mark the Independence Day of Pakistan and Kashmir Solidarity Day.

Published 15 Aug, 2019 12:00am

Healthcare system to be improved: Buzdar

Punjab Chief Minister Usman Buzdar along with Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan and Provincial Minister for Special Education Choaudhry Muhammad Akhlaq on Monday visited District Headquarter Hospital

Published 15 Aug, 2019 12:00am

Independence Day marked with national zeal, fervour

The 72nd Independence anniversary of the country was marked with national zeal and fervour here on Wednesday. The day began with special prayers in mosques for the progress and prosperity of the country.

Published 15 Aug, 2019 12:00am

Whole nation, army standing with Kashmiris: Mayor

Mayor Karachi Wasim Akhtar said that this year whole Pakistani nation has shown solidarity with Kashmiris. Kashmiri blood would not go in vain and the time of their independence was near. Whole Pakistani nation, army and government were standing with Kash

Published 15 Aug, 2019 12:00am

PTCL celebrates Independence Day across country

Pakistan Telecommunication Company Limited (PTCL) celebrated Pakistan's Independence Day on August 14, 2019 across Pakistan, with various activities and ceremonies, where PTCL employees exhibited their love and solidarity for Pakistan.

Published 15 Aug, 2019 12:00am

GCU marks Independence Day

The Government College University Lahore academia Wednesday celebrated the 72th Independence Day of Pakistan with special prayers for independence of Kashmir and prosperity of Pakistan.

Published 15 Aug, 2019 12:00am

LUMHS holds flag hoisting ceremony to mark Independence Day

To mark the Independence Day of Pakistan, the "Flag hoisting ceremony" was conducted at Liaquat University of Medical & Health Sciences Jamshoro by Vice Chancellor Prof Bikha Ram Devrajani on 14th August.

Published 15 Aug, 2019 12:00am

Only PPP will liberate Kashmir: Kaira

Pakistan Peoples Party (PPP) Punjab President Qamar Zaman Kaira has said that only the PPP would liberate Kashmir. While extending greetings to the nation on Independence Day, he said Pakistan is a gift of Quaid-e-Azam and it would live long as a country.

Published 15 Aug, 2019 12:00am

Governor, CM assure full support to Kashmiris

Governor Punjab Ch Muhammad Sarwar and Chief Minister Sardar Usman Buzdar on Wednesday hoisted National Flag at Alamgiri Gate of Lahore Fort on the eve of Independence Day. They also hoisted Kashmiri flag along with scouts.

Published 15 Aug, 2019 12:00am

LCCI marks August 14th as 'Solidarity with Kashmir Day'

Lahore Chamber of Commerce and Industry (LCCI) on Wednesday marked Independence Day as "Solidarity with Kashmir Day." On the occasion, LCCI Senior Vice President Khawaja Shahzad Nasir, Vice President Faheem-ur-Rehman Saigal, executive committee members an

Published 15 Aug, 2019 12:00am

Rally held to express solidarity with Kashmiris

A big rally led by Special Adviser to Prime Minister for Youth Affairs Usman Dar and President Sialkot Chamber of Commerce and Industry (SCCI) Khawaja Masood Akhtar was taken out from SCCI on Wednesday afternoon for expressing complete solidarity with Kas

Published 15 Aug, 2019 12:00am

CAA holds flag hoisting ceremony

To mark the 72th Independence Day, Pakistan Civil Aviation Authority (CAA) held a flag hoisting ceremony at the Allama Iqbal International Airport here on Wednesday. Airport Manager Anwer Zia hosted the flag and he was joined by staff of CAA, Airport Secu

Published 15 Aug, 2019 12:00am

Time to take right decisions on Kashmir: Shahbaz

While announcing all-out support to the Kashmiris, Leader of the Opposition in the National Assembly Shahbaz Sharif on Wednesday said that time has come to take and implement timely decisions about Kashmir.

Published 15 Aug, 2019 12:00am

Independence Day celebrations: ineffective role of Dolphin Force, PRU witnessed

Ineffective role of police officials, particularly Dolphin Force and Police Response Unit (PRU), in controlling charged youngsters doing aerial firing, one-wheeling and harassing families was witnessed during the 73rd Independence Day celebrations in the

Published 15 Aug, 2019 12:00am

NESPAK celebrates Independence Day

NESPAK celebrated the 72nd Independence Day by arranging a simple but impressive ceremony on Wednesday at NESPAK House, Lahore. The ceremony started with recitation from the Holy Quran and prayers were offered for the national unity and progress of the co

Published 15 Aug, 2019 12:00am

Nation shows solidarity with Kashmiris: PTI leader

Pakistan Tehreek-e-Insaf (PTI) Punjab President Ejaz Chaudhry has said that on the occasion of the Independence Day, the Pakistani nation shows their solidarity with the Kashmiri people.

Published 15 Aug, 2019 12:00am

NHMP celebrates Independence Day

National Highways Motorway Police (NHMP) made special arrangements to celebrate 72nd Independence Day. Motorway Zonal Commander DIG Sultan Ahmad Chaudhry hoisted national flag at office and prayed for peace and prosperity of the country besides special pr

Published 15 Aug, 2019 12:00am

Speaker summons PA session on August 21

On the requisition of opposition members, Speaker Punjab assembly Ch Pervaiz Elahi has summoned the session of the provincial assembly of the Punjab on August 21. The opposition members have also requested the speaker to issue production orders of Opposit

Published 15 Aug, 2019 12:00am

'Kashmir Solidarity March' in Lahore today

Pakistan Tehreek-e-Insaf (PTI) along with other like minded parties including PML-Q, Pakistan Awami Tehreek, Majlis Wahdat ul Muslimeen and others are marking 'Black Day' on Thursday (today) in connection with Indian Independence Day and will hold "Kashmi

Published 15 Aug, 2019 12:00am

Cotton

Three major crops: PAD to promote mechanization, seed replacement

In collaboration with the Federal government, the Punjab Agriculture Department is embarking upon an ambitious programme worth Rs 26 billion to promote mechanization and seed replacement for three major crops. These three crops are rice, wheat and sugarca

Published 15 Aug, 2019 12:00am

Energy trade: Denmark plans to lay down transmission line to connect with UK

Denmark is planning to lay down a transmission line to connect with United Kingdom (UK) for energy trade as presently it has such arrangements with Sweden and Germany. According to statistics shared by Executive Director, State of Green, Finn Mortensen, i

Published 15 Aug, 2019 12:00am

Exchange

Government urged to ensure farmers' rights

Secretary General (Federal) of Businessmen Panel (BMP) and former FPCCI chairman Standing Committee on Horticulture Exports, Ch Ahmad Jawad has urged the government to take up the matter of kinnow rates and ensure farmers' rights which is part of the mani

Published 15 Aug, 2019 12:00am

New technology for road construction leads to financial benefits

The utilization of new technologies presently for construction, maintenance and rehabilitation by National Highway Authority (NHA) has led to technical benefits and financial advantages of varied nature to the country. These advantages are assessed and qu

Published 15 Aug, 2019 12:00am

Assefa disallowed to meet father despite court orders

The Pakistan People's Party strongly condemns the unjust, brutal and callous decision of the NAB in disallowing Aseefa Bhutto Zardari to meet her father despite Court orders allowing her meet her father for an extended period of time on the festive occasi

Published 15 Aug, 2019 12:00am

Minister for observing India's Independence Day as Black Day

Provincial Human Rights and Minority Affairs Minister Ejaz Alam Augustine has urged the nation to show the indignant face of India to the world by observing India's Independence Day as Black Day on August 15th.

Published 15 Aug, 2019 12:00am

Jashan-e-Azadi function: five killed as wall collapses

Five persons were killed and eighteen others injured when a retaining wall collapsed on people during Jashan-e-Azadi function at Jutial in Gilgit late Tuesday night. According to details, the injured were shifted to CMH Gilgit for treatment.

Published 15 Aug, 2019 12:00am

Independence Day: President confers 116 civil awards

President Dr Arif Alvi has approved the conferment of Pakistan Civil Award on 116 individuals from Pakistan as well as some foreign nationals on Independence Day in recognition of their excellence and courage in their respective fields.

Published 15 Aug, 2019 12:00am

Families of IoK detainees in dark about where, why they are locked up

Eleven days after Indian authorities began detaining hundreds of local leaders and activists in occupied Kashmir, fearing violence after the region's special status was withdrawn, it is unclear in many cases where they are or why they were taken away.

Published 15 Aug, 2019 12:00am

Trudeau rebuked on ethics ahead of election

Canada's ethics watchdog slammed Prime Minister Justin Trudeau on Wednesday, concluding in the lead-up October elections that he broke rules by arm-twisting his attorney general to settle a criminal case against engineering giant SNC-Lavalin. The scandal,

Published 15 Aug, 2019 12:00am

Jihadists down regime plane, detain pilot in Syria

Jihadists on Wednesday downed a regime plane flying over northwest Syria as it took part in a deadly campaign that has seen loyalists inch forward against their opponents, a monitor said. An AFP correspondent saw smoke rising in the south of Idlib provinc

Published 15 Aug, 2019 12:00am

Samsung embroiled in 'One China' row after K-pop star pulls out

The world's number one smartphone maker Samsung Electronics became the latest global brand to face criticism Wednesday for damaging China's "territorial integrity", with a Chinese K-pop star ending an endorsement contract. The row broke out after Chinese

Published 15 Aug, 2019 12:00am

Kerb

Facebook listened to users' Conversations

Facebook has paid hundreds of contractors to listen to and transcribe snippets of users' conversations, US media reported on Tuesday, amid heightened scrutiny of the social network's data collection practices. Facebook acknowledged the transcriptions, whi

Published 15 Aug, 2019 12:00am

Brits arrested in huge Australia drug bust

Four British men were arrested in Australia and New Zealand in an international drugs sting that netted a record haul of potent MDMA, Australian police said Wednesday. Authorities seized 766 kilograms (1,670 pounds) of the "highest purity" MDMA recorded i

Published 15 Aug, 2019 12:00am

North Korea defector and her son found dead: Seoul police

The bodies of a North Korean defector and her young son have been found in their apartment, Seoul police said Tuesday, with local media reporting they appeared to have died of starvation. The mother, only identified by the surname Han, and her six-year-ol

Published 15 Aug, 2019 12:00am

Ecological disaster on Greek island as fire burns on

Firefighters on the Greek island of Evia were still battling Wednesday to contain a fire that has caused massive damage to a pristine mountain wildlife habitat after threatening four communities. "Things are going better, but we must not relax our vigilan

Published 15 Aug, 2019 12:00am

China's industrial output hits 17-year low

China's economy showed further signs of strain in July with output at its factories falling to its lowest level in 17 years, while investment and retail sales slowed, official data showed Wednesday. The figures are the latest to highlight how the world's

Published 15 Aug, 2019 12:00am

US import prices rebound, but trend still subdued

US import prices unexpectedly rose in July, but the underlying trend continued to be weak, pointing to subdued imported inflation pressures. The report from the Labour Department on Wednesday suggested inflation could remain moderate despite a broad incre

Published 15 Aug, 2019 12:00am

Argentine president announces salary hikes, tax cuts, after poll setback

Argentine President Mauricio Macri announced plans for salary hikes and tax cuts Wednesday after voters turned resoundingly against his austerity policies, sparking days of economic turmoil. Macri, who seeks re-election in October, said he will cut income

Published 15 Aug, 2019 12:00am

Shrinking German economy 'on edge of recession'

Slumping exports sent Germany's economy into reverse in the second quarter, with prospects of an early recovery slim as its manufacturers struggle at the sharp end of a global slowdown amplified by tariff conflicts and fallout from Brexit. Overall output

Published 15 Aug, 2019 12:00am

French joblessness hits new post-2009 low

France's unemployment rate dipped slightly in the second quarter to 8.5 percent, its lowest level in a decade, the national statistics agency Insee said Wednesday, confirming a moderate downward trend begun in mid-2015. On the French mainland, the rate fe

Published 15 Aug, 2019 12:00am

Currency

Banks dragging feet on no-deal Brexit homework: ECB

Lenders have fallen behind in preparations for a possible no-deal Brexit and must pick up the pace, the European Central Bank warned Wednesday, as the rhetoric over a possible chaotic departure escalated in London. "So far, banks have transferred signific

Published 15 Aug, 2019 12:00am

Currency

Dollar, yuan jump in New York

The US dollar and offshore yuan rose on Tuesday after the Trump administration said it would delay 10% tariffs on some Chinese products scheduled to begin next month, a significant concession in the trade conflict between Washington and Beijing.

Published 15 Aug, 2019 12:00am

Early trade in New York: Yen climbs against dollar

The Japanese yen jumped to a session high against the dollar on Wednesday after the US Treasury bond yield curve inverted for the first time since 2007 and investors, gripped by fear of a looming global recession, fled to the safety of perceived safe-have

Published 15 Aug, 2019 12:00am

Currency

Yen climbs in Europe

The Japanese yen jumped to the day's high on Wednesday as the United States bond yield curve inverted for the first time since 2007 as investors, gripped by worries of a looming global recession, fled to the safety of perceived safe-haven assets.

Published 15 Aug, 2019 12:00am

Currency

Yen holds gains in Asia

The yen held onto gains on Wednesday as weaker-than-expected Chinese economic data reinforced the view that resolving the trade war was a long way off even if US President Donald Trump had delayed some additional tariffs.

Published 15 Aug, 2019 12:00am

Aussie, kiwi stutter

The Australian and New Zealand dollars suffered a setback on Wednesday as disappointing Chinese economic data chilled some of the cheer caused by a temporary easing in the Sino-US trade dispute.

Published 15 Aug, 2019 12:00am

Currency

Most Asian currencies gain

Most Asian currencies strengthened on Wednesday after the United States delayed some additional tariffs on imports from China in a modest easing of trade tensions between the world's top two economies.

Published 15 Aug, 2019 12:00am

Currency

Argentine peso down again

The Argentine peso declined for a third day on Wednesday and most Latin American markets weakened as worrying economic data from China and Germany and moves in US bond markets suggested a recession for major global economies is on the horizon as a bruisin

Published 15 Aug, 2019 12:00am

Exchange

Tech leads Wall Street higher

US stocks closed higher on Tuesday after an announced delay of planned tariffs on some Chinese imports brought buyers back to the equities market in a broad-based rally.

Published 15 Aug, 2019 12:00am

Wednesday's early afternoon trade: indexes slump over 2.5pc

Wall Street main indexes slumped more than 2.5 percent on Wednesday, as a closely watched US bond market indicator pointed to a renewed risk of recession following poor economic data from Germany and China.

Published 15 Aug, 2019 12:00am

FTSE 100 sinks on recession fears

Britain's FTSE 100 tumbled to its lowest in more than two months on Wednesday after the yields on 10-year US and UK government bonds fell below two-year equivalents for the first time since the financial crisis, signalling mounting fears of recession.

Published 15 Aug, 2019 12:00am

European shares slide

European stocks tumbled to a six-month low on Wednesday, as an inversion in the US yield curve following bleak data out of major economies including Germany and China pointed to a looming recession.

Published 15 Aug, 2019 12:00am

Nikkei up nearly 1 percent

Tokyo's benchmark Nikkei index gained nearly one percent on Wednesday, following rises on Wall Street, as concerns over the US-China trade row eased after President Donald Trump delayed tariffs on key Chinese goods.

Published 15 Aug, 2019 12:00am

Exchange

China stocks end higher

China stocks closed higher on Wednesday, following the tariffs reprieve from Washington, but gave up much of early gains as bleak data rekindled worries over the country's' economic health.

Published 15 Aug, 2019 12:00am

Egypt index gains, Gulf markets dip

Egyptian blue-chip stocks rose to their highest in nearly three and a half months, extending the previous session's gains, after Egypt reported better-than-expected inflation data for the month of July.

Published 15 Aug, 2019 12:00am

Most SE Asian stocks up

Most Southeast Asian stock markets ended higher on Wednesday, in line with global peers, after Washington delayed some tariffs on Chinese imports in much-needed relief for financial markets gripped in economic turmoil.

Published 15 Aug, 2019 12:00am

Taylor rescues New Zealand after Dananjaya five-wicket haul

Ross Taylor hit an unbeaten half-century to keep New Zealand afloat after Sri Lanka spinner Akila Dananjaya claimed five wickets on a rain-hit day one of the first Test on Wednesday. New Zealand were 203 for five, having recovered from 71-3 at lunch, when

Published 15 Aug, 2019 12:00am

Federer, Djokovic advance as Serena pulls out in Cincinnati

Roger Federer and Novak Djokovic overwhelmed opponents at the WTA-ATP Cincinnati Masters on Tuesday, where Serena Williams withdrew because of back trouble.

Published 15 Aug, 2019 12:00am

Halep battles back in Cincinnati

Simona Halep fought back from a set down to defeat Russia's Ekaterina Alexandrova 3-6, 7-5, 6-4 in her Cincinnati opener on Wednesday.

Published 15 Aug, 2019 12:00am

Barty downs Sharapova in battle of former world number ones

Top seed Ashleigh Barty powered into the third round of Cincinnati WTA tournament on Wednesday with a 6-4, 6-1 defeat of Maria Sharapova.

Published 15 Aug, 2019 12:00am

S Leone govt rejects Ghanaian chosen to coach national team

The Sierra Leone government on Wednesday rejected the nomination of Ghana-born Sellas Tetteh to head the national football team, which has recently emerged from suspension by FIFA for political interference.

Published 15 Aug, 2019 12:00am

Dravid cleared of conflict of interest

India's cricket board has cleared batting great Rahul Dravid of conflict of interest charges after he was made head of the national cricket academy while working for a company that owns an Indian Premier League team.

Published 15 Aug, 2019 12:00am

Chinese volleyball player banned for doping

A key member of China's Olympic champion volleyball team has been banned for four years after taking a banned substance, the country's anti-doping agency said.

Published 15 Aug, 2019 12:00am

Balotelli poised for move back to Italy

Mario Balotelli is poised for a return to Italy with newly-promoted home town team Brescia, according to multiple reports on Wednesday.

Published 15 Aug, 2019 12:00am

Archer gets England cap as rain washes out first day of second Test

Jofra Archer received his England Test cap but was still to make his debut as rain saw the first day of Wednesday's second Ashes match against Australia abandoned without a ball bowled at a soaking wet Lord's.

Published 15 Aug, 2019 12:00am

Strauss tells England to be patient in pursuit of Smith wicket

Andrew Strauss believes patience if the key as England look to find a way to dismiss star Australia batsman Steve Smith in the ongoing Ashes series.

Published 15 Aug, 2019 12:00am

De Villiers, Roy among stars in South African T20 Super League

South African batting star AB de Villiers and World Cup winner Jason Roy were on Wednesday named among the 'marquee' players for the second edition of South Africa's Mzansi Super League Twenty20 competition.

Published 15 Aug, 2019 12:00am

Tragic footballer Sala and pilot 'exposed to carbon monoxide'

Footballer Emiliano Sala and the pilot flying his plane when it crashed were likely exposed to "potentially fatal" levels of carbon monoxide, investigators announced on Wednesday. "Toxicology tests found that the passenger had a high saturation level of C

Published 15 Aug, 2019 12:00am

US MIDDAY: gold rises

Gold rose over 1% on Wednesday as an inverted US Treasury yield curve and weak euro zone data stoked fears of a global economic recession and drove investors toward safe-haven bullion. Spot gold rose 1.1% to $1,517.88 per ounce, as of 2:03 p.m. EDT (1803

Published 15 Aug, 2019 12:00am

US MIDDAY: soya futures fall

US corn futures eased on Wednesday, their third straight day of declines, but the market found support near recent lows following massive sell-offs on Monday and Tuesday, traders said. Soyabean futures also were lower while wheat futures firmed on technic

Published 15 Aug, 2019 12:00am

Gold gains in Europe

Gold rose 1 percent on Wednesday as an inversion in the US Treasury yield curve and poor economic data from the euro zone stoked fears of a recession and drove investors to the safe-haven bullion. Spot gold rose 0.7% to $1,512.01 per ounce, as of 10:31 am

Published 15 Aug, 2019 12:00am

Exchange

Gold prices down in Asia

Gold prices edged lower on Wednesday after the United States delayed tariffs on some Chinese imports, easing trade concerns, although political uncertainties and lingering global growth concerns limited losses for the safe-haven metal. Spot gold was down

Published 15 Aug, 2019 12:00am

Vegetable Oil

Palm oil extends rally

Malaysian palm oil futures extended their rally late on Wednesday, hitting their highest in four and a half months, supported by expectations of stronger export data.

Published 15 Aug, 2019 12:00am

Exchange

Tokyo rubber climbs

Tokyo Commodity Exchange (TOCOM) futures climbed on Wednesday, as investors unwound short positions after the United States said it would delay tariffs on some Chinese products, easing fears over slowing global demand in top buyer China. The benchmark TOC

Published 15 Aug, 2019 12:00am

Oil drops 3pc on weak global economic data, US crude stocks build

Oil prices shed 3% on Wednesday after fresh Chinese and European economic revived global demand fears and US crude inventories rose unexpectedly for the second week in a row. Brent crude settled at $59.48 a barrel, shedding $1.82, or 3%, losing some of th

Published 15 Aug, 2019 12:00am

Exchange

Copper falls as Chinese factory growth tumbles

Copper prices fell on Wednesday after industrial output growth in China, the largest metals consumer, fell to a more than 17-year low, weakening the outlook for demand. Benchmark copper on the London Metal Exchange (LME) ended down 1.1% at $5,765 a tonne,

Published 15 Aug, 2019 12:00am

Cotton

Cotton futures edge up on hot US weather concerns

ICE cotton futures edged higher in low volume trade on Wednesday as extreme heat in major cotton growing regions helped prices to stay afloat, despite share markets tanking because of fears a global economic slowdown has accelerated. The most-active cotto

Published 15 Aug, 2019 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	281.68
USD PKR Interbank Buying / May 15	281.43
USD to Japanese Yen / May 15	145.80
USD to Swiss Franc / May 15	0.84
Pound Sterling to USD / May 15	1.33
Euro to USD / May 15	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
Nasdaq / May 14	19,146.81
Dow Jones / May 14	42,051.06
India Sensex / May 15	80,937.53
Tokyo Nikkei / May 15	37,755.51
Hang Seng / May 15	23,453.16
FTSE 100 / May 15	8,561.58
Germany DAX 30 / May 15	23,462.44
France CAC40 / May 15	7,814.71

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Petrol/Litre / May 15	252.63
Crude Oil USD/Barrel / May 15	60.66
Gold Spot USD/Ounce / May 15	3,162.99
Diesel/Litre / May 15	256.64
Cotton US¢/pound / May 15	65.21

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.02 ▲ 0.41 (15.71%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.70 ▲ 0.46 (14.2%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
S.G.Power / May 15 S.G. Power Limited(SGPL)	8.65 ▲ 0.94 (12.19%)
Premier Insurance / May 15 Premier Insurance Limited(PINL)	5.83 ▲ 0.63 (12.12%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	9.83 ▲ 1 (11.33%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Flying Cement / May 15 Flying Cement Company Limited(FLYNG)	49.46 ▲ 4.5 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)

Stock	Price
Olympia Mills / May 15 Olympia Mills Limited(OML)	50.47 ▼ -5.06 (-9.11%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.65 ▼ -2.64 (-9.01%)
Apna Microfin. / May 15 Apna Microfinance Bank Limited(AMBL)	10.04 ▼ -0.91 (-8.31%)
Askari Life Assur. / May 15 Askari Life Assurance Company Limited(ALAC)	4.63 ▼ -0.35 (-7.03%)
Imperial Limited / May 15 Imperial Limited(IML)	16.52 ▼ -1.23 (-6.93%)
B. F. Mod. / May 15 B.F. Modaraba(BFMOD)	8.73 ▼ -0.61 (-6.53%)
Punjab Oil / May 15 Punjab Oil Mills Limited(POML)	186.82 ▼ -11.54 (-5.82%)
Equity Modaraba / May 15 First Equity Modaraba(FEM)	2.85 ▼ -0.16 (-5.32%)
Pakgen Power / May 15 Pakgen Power Limited(PKGP)	114.14 ▼ -6.39 (-5.3%)
Ashfaq Textile / May 15 Ashfaq Textile Mills Limited(ASHT)	12.34 ▼ -0.68 (-5.22%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	50,818,876 ▲ 2.68
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	47,570,881 ▲ 0.48
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	40,246,546 ▲ 0.16
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	32,888,417 ▲ 0.18
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	29,667,657 ▲ 4.48
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	25,344,612 ▲ 0.91
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	21,773,148 ▲ 0.29
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	16,962,449 ▲ 3.34
B.O.Punjab / May 15 The Bank of Punjab(BOP)	16,957,410 ▲ 0.15
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	16,572,822 ▲ 0.03

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