News Archives for Print - 2019-09-02

Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (August 26 to 30, 2019).

Updated 02 Sep, 2019 04:43am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 02 Sep, 2019 12:00am

Pureed peanuts advised for infants to stave off allergy

Feeding pureed peanut products regularly to babies before their first birthday could reduce their risk of developing peanut allergies later on, doctors advise.

Updated 02 Sep, 2019 04:49am

As the climate shifts, Central America confronts deadly dengue outbreak

Central America is grappling with its worst outbreak of dengue fever in decades - and scientists say the disease is likely to spread and become more frequent in the future due to climate change. Worst hit is Honduras where about 109 deaths from the mosqui

Published 02 Sep, 2019 12:00am

Melting glaciers and ice sheets raising Earth's seas

As the planet's polar ice sheets destabilise amid rising temperatures, a landmark UN assessment of Earth's retreating frozen spaces is also set to spell out how melting mountain glaciers will impact humanity in the decades to come.

Published 02 Sep, 2019 12:00am

Alternate-day fasting linked with weight loss

People who start fasting every other day may lose more weight than they would if they stuck to their usual eating habits, a small study suggests.

Updated 02 Sep, 2019 04:56am

Brussels probes Google job search tool

The European Commission said Wednesday it had begun a preliminary investigation into Google's job search tool on competition grounds, having identified a conflict of interest. "With respect to Google Jobs, our preliminary investigation is ongoing," a Comm

Published 02 Sep, 2019 12:00am

Google to move Pixel smartphone production to Vietnam: Nikkei

Alphabet Inc's Google is shifting its Pixel smartphone production to Vietnam from China starting this year as it builds a cheap supply chain in Southeast Asia, the Nikkei business daily reported on Wednesday. The move comes as labour costs are rising in C

Updated 02 Sep, 2019 10:03am

US telecom titans and states align to mute 'robocalls'

A dozen telecom firms and state attorneys general from across the US agreed Thursday to a set of principles aimed at curbing illegal "robocalls."

Published 02 Sep, 2019 12:00am

Apple apologises for listening to Siri talk, sets new rules

Apple on August 28 apologized for its digital assistant Siri sharing some of what it heard with quality control workers as it unveiled new rules for handling data from conversations. Under the changes, Apple will allow its employees to review conversation

Updated 02 Sep, 2019 05:26am

Apple expected to unveil new iPhone at September 10 event

Apple sent out invitations on August 29 to a September 10 event at its Silicon Valley campus where it is expected to unveil a new-generation iPhone. In its trademark, tight-lipped style, Apple disclosed little about what it plans to spotlight in the Steve

Published 02 Sep, 2019 12:00am

Greek banks Alpha, NBG trim bad loan pile in Q2

Greek lenders National Bank and Alpha pressed ahead with their balance sheet repair in the second quarter, reducing their sour loans as the country's economy recovers from a 10-year debt crisis. Saddled with 80 billion euros ($89.15 billion) of non-perfor

Published 02 Sep, 2019 12:00am

Exchange

Tiffany sales fall, but earnings beat estimates

Luxury jeweler Tiffany & Co said on Wednesday declines in tourist spending in the United States dragged on sales, but it reported quarterly earnings that beat estimates on increased spending by local customers in mainland China and a cut-back on marketing

Published 02 Sep, 2019 12:00am

Exchange

Tiffany sales fall, but earnings beat estimates

Luxury jeweler Tiffany & Co said on Wednesday declines in tourist spending in the United States dragged on sales, but it reported quarterly earnings that beat estimates on increased spending by local customers in mainland China and a cut-back on marketing

Published 02 Sep, 2019 12:00am

Exchange

AirAsia cuts Airbus A330neo order plans, shifts to A321XLR

Malaysian budget carrier AirAsia Group Bhd scaled back plans to order the Airbus A330neo wide-body passenger jet by nearly two thirds on Friday, switching its focus instead to a long-range new version of the popular A321 series.

Published 02 Sep, 2019 12:00am

BP to exit Alaska in $5.6 billion deal

British oil giant BP said on Tuesday it will sell all of its Alaska operations for $5.6 billion, exiting the state after 60 years to help meet divestment goals. The local firm Hilcorp Alaska will acquire the BP assets, including operations in the mammoth

Published 02 Sep, 2019 12:00am

Scotiabank profit rises 2.3 percent

Canadian lender Bank of Nova Scotia beat estimates for quarterly profit on Tuesday, as strength in its international division buffered the bank from higher credit provisions, a factor that led rival Bank of Montreal to disappoint.

Published 02 Sep, 2019 12:00am

Scotiabank profit rises 2.3 percent

Canadian lender Bank of Nova Scotia beat estimates for quarterly profit on Tuesday, as strength in its international division buffered the bank from higher credit provisions, a factor that led rival Bank of Montreal to disappoint.

Published 02 Sep, 2019 12:00am

Boeing CEO eyes major aircraft order under any US-China trade deal

Boeing Co said on Tuesday that an aircraft order from China could result from any deal to end a yearlong trade war between the world's two largest economies. Speaking to Reuters at the planemaker's widebody aircraft factory in Everett, Boeing Chief Execut

Published 02 Sep, 2019 12:00am

SAS Q3 profit hit by fuel prices, strike

Scandinavian airline SAS said on Tuesday it would look at additional cost-cutting measures beyond 2020 after reporting a drop in third-quarter earnings due to a pilot strike, high fuel prices and cut-price competition. The carrier, partly owned by Sweden

Published 02 Sep, 2019 12:00am

SAS Q3 profit hit by fuel prices, strike

Scandinavian airline SAS said on Tuesday it would look at additional cost-cutting measures beyond 2020 after reporting a drop in third-quarter earnings due to a pilot strike, high fuel prices and cut-price competition. The carrier, partly owned by Sweden

Published 02 Sep, 2019 12:00am

Dell beats profit estimates on higher desktop sales

Dell Technologies Inc beat Wall Street profit estimates on Thursday, helped by higher demand for desktops, as well as a focus on more profitable contracts within its server unit in China. The PC maker is seeing declining demand across industries in China

Published 02 Sep, 2019 12:00am

Dell beats profit estimates on higher desktop sales

Dell Technologies Inc beat Wall Street profit estimates on Thursday, helped by higher demand for desktops, as well as a focus on more profitable contracts within its server unit in China. The PC maker is seeing declining demand across industries in China

Published 02 Sep, 2019 12:00am

China will exempt Tesla cars from purchase tax

China will exempt Tesla Inc's electric vehicles (EV) from purchase tax, the Ministry of Industry and Information Technology (MIIT) said on its website.

Published 02 Sep, 2019 12:00am

Currency

Tesla hikes prices for Model 3, other cars in China amid weaker yuan

US electric vehicle maker Tesla Inc had raised prices for some vehicles in China as the yuan trades at its weakest levels in more than a decade.

Published 02 Sep, 2019 12:00am

China's banks face earnings squeeze due to rate reform, downturn

Chinese banks will face pressure on earnings and asset quality in the second half of 2019 as interest rate reforms squeeze margins and a Chinese-US trade war adds to economic uncertainty. But results from three of the nation's top listed banks, all of whi

Published 02 Sep, 2019 12:00am

Soderberg takes European Masters

Sebastien Soderberg sunk a birdie in the first extra hole of a five-man play-off featuring Rory McIlroy to win the European Masters on Sunday. The Swede had begun the final round at Crans-Montana four shots off the pace, but after the turn surged into the

Published 02 Sep, 2019 12:00am

Arsenal fight back against Spurs to draw London derby

Arsenal striking duo Pierre-Emerick Aubameyang and Alexandre Lacazette scored as their side roared back from two goals down to draw 2-2 at home to rivals Tottenham Hotspur in a thrilling north London derby in the Premier League on Sunday.

Published 02 Sep, 2019 12:00am

India extend huge lead on West Indies

Captain Virat Kohli declined to enforce the follow-on despite India taking a 299-run first innings lead over the West Indies, opting to bat their way into an unassailable position on the third day of the second and final Test in Jamaica on Sunday.

Published 02 Sep, 2019 12:00am

Neymar to stay at PSG

Neymar is to stay at Paris Saint-Germain after seeing his desired transfer back to Barcelona fail, according to press reports Sunday. "Se queda," Spanish for he's staying, read the L'Equipe headline on its front page with a photo of the Brazilian.

Published 02 Sep, 2019 12:00am

China's Wang moves into quarters

China's 18th-seeded Wang Qiang advanced to the US Open quarter-finals on Sunday with a 6-2, 6-4 upset of Australian second seed Ashleigh Barty, the reigning French Open champion. Wang will face the winner of a later fourth-round match between Croatian 22n

Published 02 Sep, 2019 12:00am

Federer crushes Goffin to reach US Open quarter-finals

Roger Federer advanced to the US Open quarter-finals for the 13th time in his past 15 attempts Sunday by defeating Belgian 15th seed David Goffin 6-2, 6-2, 6-0. The 38-year-old Swiss third seed, trying to stretch his men's Grand Slam record title total to

Published 02 Sep, 2019 12:00am

Osaka thrashes tearful Gauff at US Open as Nadal coasts

Defending champion Naomi Osaka consoled a tearful Coco Gauff after a crushing US Open victory Saturday in a showdown billed as "the future of women's tennis" while Rafael Nadal cruised into the last 16. World number one Osaka overpowered 15-year-old Gauff

Published 02 Sep, 2019 12:00am

Taylor fires New Zealand to T20 win over Sri Lanka

Ross Taylor hit a quickfire 48 to set up New Zealand's five-wicket win over Sri Lanka in the first Twenty20 international against Sri Lanka in Kandy on Sunday. Taylor lifted the Black Caps from a precarious 39 for three in their chase of 175 to complete t

Published 02 Sep, 2019 12:00am

Exchange

Boxing champ Pacquiao launches his own crypto tokens

Philippine boxing champion Manny Pacquiao launched his very own cryptocurrency on Sunday at a free concert in Manila, where he serenaded more than 2,000 fans to drum up interest in the product.

Published 02 Sep, 2019 12:00am

Exchange

North Korea denies it amassed $2 billion through cyberattacks on banks

North Korea denied on Sunday allegations that it had obtained $2 billion through cyberattacks on banks and cryptocurrency exchanges, and accused the United States for spreading rumours.

Published 02 Sep, 2019 12:00am

KLM to scrap 10 flights over ground staff strike

Dutch national carrier KLM will scrap 10 European flights Monday due to a two-hour strike by ground staff demanding higher wages, an airline spokeswoman said Sunday. The move, which will see ground staff down tools between 8.00 am and 10.00 am (0600 GMT t

Published 02 Sep, 2019 12:00am

Exchange

China court sells Fanya metal exchange antimony, rare earth stocks

Metal and rare earth inventories formerly held by southwest China's defunct Fanya Metal Exchange were auctioned off for minimum asking prices totalling 780.4 million yuan ($110 million), according to an e-commerce site that hosted the sales.

Published 02 Sep, 2019 12:00am

South Korea exports tumble for 9th month

South Korea's exports tumbled in August for a ninth consecutive month, on sluggish demand from its biggest buyer, China, and depressed prices of computer chips globally, government data showed on Sunday. The bleak data clouded the outlook for Asia's fourt

Published 02 Sep, 2019 12:00am

Abu Dhabi plans first dollar bond issue

Abu Dhabi plans to issue US dollar-denominated bonds this year, three sources familiar with the matter said, its first since 2017, as the oil-rich emirate seeks to take advantage of low rates to offset the impact of falling oil prices.

Published 02 Sep, 2019 12:00am

Abu Dhabi plans first dollar bond issue

Abu Dhabi plans to issue US dollar-denominated bonds this year, three sources familiar with the matter said, its first since 2017, as the oil-rich emirate seeks to take advantage of low rates to offset the impact of falling oil prices.

Published 02 Sep, 2019 12:00am

Kuwait Airways to spend $2.5 billion on new aircraft

Kuwait Airways plans to spend about $2.5 billion on 28 new aircraft due to be delivered by 2026, Kuwait Airways Chairman Yousef A. M. J. Alsaqer said. The planes will be financed with bank debt, the airline's own capital and through the sale and re-leasin

Updated 02 Sep, 2019 07:12am

China plans more support for economy

China plans to provide more support for its economy, including investing in infrastructure projects and regional development, while maintaining a prudent monetary policy with "reasonably" ample liquidity, the State Council said on Sunday.

Published 02 Sep, 2019 12:00am

Stocks to rise as rate cuts beat back trade worries for now

World stocks will keep rising over the coming year, according to the latest Reuters polls of strategists, but wild gyrations are likely in the lift from expected central bank policy easing and drag from developments in the US-China trade war.

Published 02 Sep, 2019 12:00am

Funds cut stocks to near three-year low, say correction risk significant

Global funds in August recommended an increase to bonds and cash holdings to the highest since early 2013 at least and cut equities to the lowest since late 2016, penciling in a more than

Published 02 Sep, 2019 12:00am

Funds cut stocks to near three-year low, say correction risk significant

Global funds in August recommended an increase to bonds and cash holdings to the highest since early 2013 at least and cut equities to the lowest since late 2016, penciling in a more than

Published 02 Sep, 2019 12:00am

Exchange

Banks drag down Saudi index

Banks led Saudi Arabia's stock market sharply lower on Sunday for a third session in a row, while gains in financial shares helped keep Egypt's benchmark index at a four-month high. Investment bank EFG Hermes said last Wednesday that the investment case f

Published 02 Sep, 2019 12:00am

MENA fund managers to boost Egypt, UAE investments

Middle Eastern funds plan to increase their investments in Egypt and UAE and decrease allocations in Saudi Arabia, while keeping their exposure to other countries in the region at current levels, according to a Reuters poll. Six of 10 managers polled said

Published 02 Sep, 2019 12:00am

MENA fund managers to boost Egypt, UAE investments

Middle Eastern funds plan to increase their investments in Egypt and UAE and decrease allocations in Saudi Arabia, while keeping their exposure to other countries in the region at current levels, according to a Reuters poll. Six of 10 managers polled said

Published 02 Sep, 2019 12:00am

US money fund assets fall from highest since October 2009

US money market fund assets fell this week, retreating from their highest level since October 2009, suggesting a pause in investors piling into these low-risk products amid trade and economic worries, a private survey released on Wednesday showed. Assets

Published 02 Sep, 2019 12:00am

US money fund assets fall from highest since October 2009

US money market fund assets fell this week, retreating from their highest level since October 2009, suggesting a pause in investors piling into these low-risk products amid trade and economic worries, a private survey released on Wednesday showed. Assets

Published 02 Sep, 2019 12:00am

Currency

Bears dig in on most Asian currencies

Investor sentiment towards most Asian currencies soured over the past two weeks, as an escalation in the tit-for-tat Sino-US trade war added to fears of a recession in the world's largest economy and fuelled a flight from risk assets.

Published 02 Sep, 2019 12:00am

Exchange

China lets unlisted firms issue convertible bonds privately

China took fresh steps on Friday to broaden financing channels for small companies, allowing unlisted firms to issue convertible bonds privately. Until now, only innovative start-ups in China had been allowed to issue such securities, which allowed invest

Published 02 Sep, 2019 12:00am

Exchange

China lets unlisted firms issue convertible bonds privately

China took fresh steps on Friday to broaden financing channels for small companies, allowing unlisted firms to issue convertible bonds privately. Until now, only innovative start-ups in China had been allowed to issue such securities, which allowed invest

Published 02 Sep, 2019 12:00am

Wall Street week ahead: retailers in spotlight as tariffs kick in

US retailers will be front and centre on Wall Street next week as the United States imposes new tariffs on $300 billion worth of Chinese imports, including clothing, televisions and jewellery. The upcoming tariffs on Chinese goods will hit consumers more

Published 02 Sep, 2019 12:00am

Strong, deep quake strikes Pacific

A strong earthquake struck the Pacific Ocean between Fiji and Tonga early Monday, but there was no tsunami warning, the United States Geological Survey said. The quake, at a depth of 616 kilometres (382 miles), struck 30 kilometres northeast of Ndoi islan

Published 02 Sep, 2019 12:00am

Amazon basin fires keep surging

The number of fires in Brazil's Amazon basin is still on the rise, even though the government has banned burning, officials said Saturday.

Published 02 Sep, 2019 12:00am

Exchange

France 'in multiple contacts' to avert Mideast escalation: ministry

France is engaged in "multiple contacts" aimed at averting an escalation of hostilities on Lebanon's southern border between the Shiite movement Hezbollah and the Israeli army, the French foreign ministry said Sunday.

Published 02 Sep, 2019 12:00am

Dozens arrested after violent Papua riots

Dozens have been arrested over rioting in the capital of Indonesia's Papua region, police said Sunday, following nearly two weeks of mass protests in the easternmost territory of the Southeast Asian archipelago.

Published 02 Sep, 2019 12:00am

Journalist shot dead in northwest Honduras

A journalist was shot dead in northwest Honduras Saturday, the 79th killed since 2001 in the Central American country, according to a human rights group. Edgar Joel Aguilar, a correspondent for HCH TV was shot dead in the city of Copan around 200 kilomete

Published 02 Sep, 2019 12:00am

Exchange

Israel, Hezbollah exchange fire after week of tensions

Israel and Hezbollah exchanged fire along the Lebanese border on Sunday after a week of rising tensions, but no casualties were reported following the brief flare-up and UN officials immediately urged restraint.

Published 02 Sep, 2019 12:00am

Fragile truce holds over northwest Syria

A fragile Russian-backed ceasefire was holding on Sunday in Syria's violence-plagued northwest, following months of heavy bombardment of the anti-regime bastion, a war monitor said. "Relative calm prevails" over the Idlib region, said Rami Abdel Rahman, t

Published 02 Sep, 2019 12:00am

Iran unveils new reconnaissance, attack drone

Iran on Sunday unveiled a jet-propelled drone it said is capable of finding and attacking targets far from the country's borders with precision. Dubbed the "Kian", the unmanned aerial vehicle was designed, produced and tested by experts of the air defence

Published 02 Sep, 2019 12:00am

Nine killed in Philippine air-ambulance crash

Nine people were killed when an air-ambulance plane crashed at a resort area near the Philippine capital on Sunday, sparking a fierce blaze and sending terrified locals fleeing, authorities said. Dramatic video on social media showed emergency vehicles ru

Published 02 Sep, 2019 12:00am

Six die in helicopter crash in Norway

All six people on board the civilian helicopter that crashed in northern Norway on Saturday afternoon have died, the police said on Sunday. There were five passengers from Norway, all in their early twenties, plus a Swedish pilot. One survivor found at th

Published 02 Sep, 2019 12:00am

'Catastrophic' Dorian strikes Bahamas with full fury

Hurricane Dorian unleashed "catastrophic conditions" Sunday as it slammed into the northern Bahamas, lashing the low-lying island chain with devastating 185 mph (295 kph) winds, the most intense in its modern history. The monster Category 5 storm made lan

Published 02 Sep, 2019 12:00am

Singapore PM threatens online editor with libel

Singapore Prime Minister Lee Hsien Loong threatened Sunday the editor of an online publication with libel for repeating "false" allegations related to a bitter feud in the city-state's founding family. In a letter to Terry Xu, chief editor of The Online C

Published 02 Sep, 2019 12:00am

Anti Merkel far-right AfD surges in east German state polls

Germany's far-right AfD party surged in elections in two ex-communist eastern states Sunday, reflecting anger over Chancellor Angela Merkel's migrant policy and a wealth gap 30 years after the Berlin Wall fell.

Published 02 Sep, 2019 12:00am

Impact of withdrawal of SRO 1125 and sales tax special procedure rules on related income tax provisions

PROLOGUE

Published 02 Sep, 2019 12:00am

Exchange

'Most refineries should be shut down because they are too old and inefficient': An interview with Nadeem Babar - PM's Special Assistant on Petroleum

Nadeem Babar is a senior executive with extensive global experience in power generation, infrastructure finance and corporate finance. During his career, he has developed, financed and/or managed over 150 power plants of all commercially available technol

Published 02 Sep, 2019 12:00am

Exchange

'Most refineries should be shut down because they are too old and inefficient': An interview with Nadeem Babar - PM's Special Assistant on Petroleum

Nadeem Babar is a senior executive with extensive global experience in power generation, infrastructure finance and corporate finance. During his career, he has developed, financed and/or managed over 150 power plants of all commercially available technol

Published 02 Sep, 2019 12:00am

Cotton

WEEKLY COTTON REVIEW: trading volume remains low

Cotton crop affected by rain and trading volume remains low. The rate of cotton increased in Punjab. September is detrimental for cotton crop. Federal Board of Revenue Assures to collect 10 % sales tax directly from textile mills and imposition of 1% With

Published 02 Sep, 2019 12:00am

Cotton

WEEKLY COTTON REVIEW: trading volume remains low

Cotton crop affected by rain and trading volume remains low. The rate of cotton increased in Punjab. September is detrimental for cotton crop. Federal Board of Revenue Assures to collect 10 % sales tax directly from textile mills and imposition of 1% With

Published 02 Sep, 2019 12:00am

CVS test: family blood screening initiated to prevent thalassaemia

To prevent thalassemia in the region, Hamza Foundation Welfare Hospital began blood screening, a test done in early pregnancy to detect inherited abnormalities in unborn offspring. The test is first of its kind in Khyber Pakhtunkhwa. So far 284 pregnant w

Published 02 Sep, 2019 12:00am

Sehat Insaf Card issued in Okara

Provincial Minister for HR&MA Ijaz Alam Augustine on Sunday distributed Sehat Insaf Card in Okara along with DC Kiran Khan at DHQ Okara. Addressing the ceremony the Minister said that treatment, medicines and test facilities would be made available to the

Published 02 Sep, 2019 12:00am

Suri raises Kashmir issue at South Asia SDGs speakers moot

Deputy speaker National Assembly Qasim Khan Suri while addressing the 4th South Asia SDGs speakers conference being held in Male, Maldives on Sunday raised the Kashmir issue and apprised the conference about the illegal and unconstitutional steps of India

Published 02 Sep, 2019 12:00am

Exchange

Appellate Bench upholds SECP order against telecom companies

An Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) has upheld an SECP order, issued against a telecom company, which imposed an aggregated fine of Rs 1,500,000 on the company/CEO and also directed company to stop payment of th

Published 02 Sep, 2019 12:00am

KP government, China sign MoU

The Khyber Pakhtunkhwa government has signed a Memorandum of Understanding (MoU) with the government of China to cooperate in different sectors. According to a spokesman of the provincial government, the MoU has been signed between provincial capital Pesh

Published 02 Sep, 2019 12:00am

QWP accuses PTI government of missing fiscal targets

Qaumi Watan Party (QWP) leader and former senior minister Sikandar Hayat Khan Sherpao said that keeping in view the economic statistics the Pakistan Tehreek-e-Insaf (PTI) government has miserably failed to meet the targets it had set a year ago. Sikandar

Published 02 Sep, 2019 12:00am

KP Provincial Assembly speaker vows to facilitate special people

Speaker of Khyber Pakhtunkhwa (KP) Provincial Assembly, Mushtaq Ahmad Ghani has said that the government is very keen to facilitate persons with disabilities. He said that the Directorate of Sports KP has been organising special games since the last 27 ye

Published 02 Sep, 2019 12:00am

Under the head of NHP: KP owes staggering Rs 410 billion to Wapda

The government of Khyber Pakhtunkhwa owes a huge amount of Rs 410 billion to Water and Power Development Authority (Wapda) in head of net hydel profit (NHP). This has been stated in a written reply to a question of a legislator of the KP Assembly. The amo

Published 02 Sep, 2019 12:00am

Fawad responds to a 'group' on Twitter

Federal Minister for Science and Technology Fawad Chaudhry on Sunday strongly responded to a 'group' that has been calling for forgetting the dispute of Kashmir due to weak economy of the country.

Published 02 Sep, 2019 12:00am

One year performance: PTI government deposits gifts worth Rs 90 million into exchequer: minister

Provincial Information, Culture, Industries and Trade Minister Mian Aslam Iqbal has claimed that the incumbent Pakistan Tehreek-e-Insaf (PTI) government has deposited gifts amounting to Rs 90 million into national exchequer instead of taking them home.

Published 02 Sep, 2019 12:00am

Over 150,000 cops to guard 36,138 majalis during Muharram

Over 150,000 police officials including volunteers will provide security cover to 36,138 'Majalis' and 9,118 mourning processions in the provincial capital during the holy month of Muharram-ul-Haram, it emerged on Sunday.

Published 02 Sep, 2019 12:00am

Three killed in rain-related incidents in Lahore

At least three people were killed and two others sustained injuries after a wall collapsed due to heavy rain in provincial capital on Sunday. According to Rescue 1122, the wall of a house collapsed in Bhaini Road, here. As a result, three people - Sajid (

Published 02 Sep, 2019 12:00am

Fresh spell of rain adds to Karachiites' miseries

Major part of Karachi faced power outage as fresh spell of monsoon rains again lashed various city neighbourhoods on Sunday. However, K-Electric said that power supply to strategic installations such as key water board pumping stations, airport and major

Published 02 Sep, 2019 12:00am

MCC of PMBQ achieves August revenue target

Model Customs Collectorate (MCC) of Port Muhammad Bin Qasim (PMBQ), Karachi achieved its total revenue target for the month of August, 2019.

Updated 03 Sep, 2019 07:54am

Exchange

Crucial milestone of economic stability achieved: FPCCI chief

Chairman Businessmen Panel for FPCCI, Mian Anjum Nisar has said that the most crucial milestone of economic stability has been achieved as the increase in foreign exchange reserves has created a 'buffer for absorbing any external financial shocks'.

Published 02 Sep, 2019 12:00am

PPP women legislators slam govt for victimising party leadership

Pakistan People's Party (PPP) women lawmakers have asked the government to stop victimization and step-motherly attitude with the party's leadership.

Published 02 Sep, 2019 12:00am

Sikh heritage art exhibition at Governor House today

Pakistan's first ever "Sikh Heritage art exhibition" will take place today (Monday), at Governor House Lahore. Governor Punjab Ch Muhammad Sarwar along with Sikh Pilgrims from US, UK and Canada will inaugurate the exhibition. PTI Dubai member Imran Chaudh

Published 02 Sep, 2019 12:00am

Firdous asks media to highlight India's acts of terrorism in Kashmir

Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan Sunday urged the print and electronic media to play its role in promoting the soft image of Pakistan and to effectively highlight the Kashmir cause and Indian st

Published 02 Sep, 2019 12:00am

PGMI principal slams doctor's murder

Principal Post Graduate Medical Institute Professor Dr Sardar Mohammad Alfareed Zafar has strongly condemned the brutal murder of Dr Mubashar Farooq of Lahore General Hospital. He has expressed deep sense of grief and sorrow over this sad demise and praye

Published 02 Sep, 2019 12:00am

'Pakistan, Turkey share broad-based commonalties'

Sindh University Vice Chancellor Professor Dr Fateh Muhammad Burfat and Consul General of Turkey in Karachi Tolga Ucak have said that Pakistan and Turkey shared a wide range of commonalities in social, religious, economic, political, civil, academic and p

Published 02 Sep, 2019 12:00am

Freedom of IOK: JI urges government to give clear road map

Tens of Thousands of Karachiites, including women and children, took to Sharae Faisal to express solidarity with Kashmiri brethren against the Indian oppression particularly New Delhi's move to withdraw the special status of Indian occupied Kashmir (IOK),

Published 02 Sep, 2019 12:00am

Marriyum flays government's economic policies

Pakistan Muslim League-Nawaz (PML-N) spokesperson Marriyum Aurangzeb has criticized the economic policies of the incumbent government. She expressed her views through a video message on Sunday. She said the false tweets cannot make public fool.

Published 02 Sep, 2019 12:00am

SCCI polls campaign gaining momentum

The campaign for annual election of Sialkot Chamber of Commerce and Industry (SCCI) is now in full swing in this export oriented city and hub of cottage industry. The election of Corporate class will be held on September 4th while polling of Associate cla

Published 02 Sep, 2019 12:00am

First Pakistani businessman gets five-year work visa for China

A Pakistani businessman, along with three other foreigners, has been issued first-class working visa valid for five years by the administration of the city of Yiwu, located in the central part of east China's Zhejiang province.

Published 02 Sep, 2019 12:00am

SSGC joins nation in expressing solidarity with Kashmir

On the call of Prime Minister Imran Khan, SSGC joined government and private offices, educational institutions, corporate sector and law enforcement agencies in expressing its solidarity with the people of Kashmir going through their darkest hour.

Published 02 Sep, 2019 12:00am

Prices of essential items show downward trend

A slight decrease in prices of important kitchen items, including vegetable, pulses, live chicken/meat, sugar, flour and others was witnessed in retail market, according to a survey carried out by Business Recorder here on Sunday.

Published 02 Sep, 2019 12:00am

System audit of withholding agents: FBR officers' skill development programme ends today

The five-day skill development program of FBR officers on system audit of withholding agents will be concluded on September 2, 2019 (today). Dr Aftab Imam, Chief Commissioner, said that the training covered the major aspects of the given curriculum. The t

Updated 02 Sep, 2019 07:48am

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

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

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

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

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

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

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