News Archives for Print - 2019-10-21

Print - 2019-10-21

Brief Recordings

Nishat Chunian Limited

Nishat Chunian Limited (PSX:NCL) is part of the Nishat Chunian Group. The conglomerate has presence in Textile and Power Generation sectors. NCL stands at an advantage arising from the synergy of the group and technical expertise, which are transferable a

Updated 23 Oct, 2019 11:27am

Companies

Nishat Chunian Limited

Updated 23 Oct, 2019 12:12pm

General News

The Weather

The weather report on Friday (October 20, 2019) and the forecast for Saturday (October 21, 2019).

Published 21 Oct, 2019 12:00am

Rates

Returns on Profit and Loss Sharing Investment Bank Accounts (January to June 2014)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 21 Oct, 2019 12:00am

Rates

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (October 14 to 18, 2019).

Published 21 Oct, 2019 12:00am

General News

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 21 Oct, 2019 12:00am

Other

Rublev celebrates 22nd birthday with Kremlin Cup title

Russia's Andrey Rublev celebrated his 22nd birthday in style by clinching the Kremlin Cup on Sunday to bag his second career title. The sixth-seeded Rublev eased past France's Adrian Mannarino, who was runner-up to another Russian Karen Khachanov last yea

Updated 23 Oct, 2019 07:44am

Other

Bencic wins Kremlin Cup after sealing WTA Finals slot

Swiss ace Belinda Bencic fought back from a set down to beat home star Anastasia Pavlyuchenkova 3-6, 6-1, 6-1 on Sunday and lift the Kremlin Cup. The victory came a day after the 22-year-old clinched the final slot at the season-ending WTA Finals in Shenz

Updated 22 Oct, 2019 11:04am

Other

South Africa end Japanese dream at Rugby World Cup

South Africa broke Japanese hearts with a 26-3 quarter-final victory on Sunday to set up a Rugby World Cup semi-final against Wales, who needed a late try to scrape past 14-man France by a single point. Japan showed their trademark pace and adventure in a

Published 21 Oct, 2019 12:00am

Other

Hussey joins Australia staff for Sri Lanka, Pakistan series

Former middle-order batsman Mike Hussey has been drafted in by Australian coach Justin Langer to help mentor the side during their upcoming Twenty20 series against Sri Lanka and Pakistan. He is the latest great to be brought into the fold after Ricky Pont

Published 21 Oct, 2019 12:00am

Other

China-Afghan team beat Pakistan-China team by six-wickets

Afghanistan-China combined team defeated Pakistan-China combined team by six wickets in the third match of the Pakistan, Afghanistan and China friendly cricketing four-match series played at Jinan Middle School Ground at Shandong, Peoples' Republic of Chi

Published 21 Oct, 2019 12:00am

Other

Champion Marc Marquez snares MotoGP constructors' title for Honda

MotoGP world champion Marc Marquez won the Japan Grand Prix Sunday to notch his tenth victory of the season and earn Honda its fourth manufacturers' title running. The Spaniard ran the race in 42min 41.492sec, followed 0.870sec later by French rookie Fabi

Published 21 Oct, 2019 12:00am

Other

National Games torch relay reaches host city

The Olympic torch relay of the 33rd National Games of Pakistan arrived here Sunday in the host city after completion of the journey of the whole country. The No.1 ranking national squash player, Farhan Mehboob received the torch and then handed it over to

Published 21 Oct, 2019 12:00am

Other

Sharma rates double ton as 'most challenging' Test knock

Rohit Sharma Sunday described his maiden Test double century as "most challenging" after he lifted India out of early trouble and put the hosts in command of the third match against South Africa. Sharma made 212 as India declared their innings on 497 for

Published 21 Oct, 2019 12:00am

Other

Liverpool winning run ends in 1-1 draw

Liverpool failed to record a record-equalling 18th straight Premier League win, but Adam Lallana's late equaliser saved the European champions from a shock defeat at Manchester United in a 1-1 draw on Sunday. Marcus Rashford's controversial goal handed Ol

Updated 22 Oct, 2019 11:23am

Other

Chen wins third straight Skate America crown

Nathan Chen grabbed his third straight Skate America Grand Prix title on Saturday, delivering three quadruple jumps in a crowd-pleasing free skate to seal the gold. The 20-year-old American, winner of the last two World titles, took a lead of more than si

Published 21 Oct, 2019 12:00am

Other

'Very proud' Murray wins first ATP title since 2017

Andy Murray said he was "very proud" after earning his first ATP title since March 2017 on Sunday with a 3-6, 6-4, 6-4 victory over fellow three-time Grand Slam champion Stan Wawrinka in the Antwerp final. Former world number one Murray, who contemplated

Published 21 Oct, 2019 12:00am

General News

Swiss glaciers shrink 10 percent in five years

Switzerland's glaciers have lost a tenth of their volume in the past five years alone - a melting rate unmatched during observations stretching back more than a century, a study showed on Tuesday. Measurements on 20 Swiss glaciers have shown that melt rat

Published 21 Oct, 2019 12:00am

General News

Ebola concentrated in Congo mining area, still an emergency: WHO

Ebola is infecting and killing people in a gold mining area of eastern Democratic Republic of Congo, and the "complex and dangerous" outbreak still constitutes an international emergency, the World Health Organization (WHO) said on Friday. The virus has i

Published 21 Oct, 2019 12:00am

General News

Scientists find how malaria parasite jumped from gorillas to humans

Scientists who resurrected a 50,000-year-old gene sequence have analysed it to figure out how the world's deadliest malaria parasite jumped from gorillas to humans - giving insight into the origins of one of human history's biggest killers. The researcher

Published 21 Oct, 2019 12:00am

General News

Big income drops tied to heart attack, stroke

Experiencing a substantial drop in income may raise the risk of having a heart attack or stroke years later, a recent study suggests. Researchers followed income changes for 8,989 middle-aged adults over six years, starting when they were 53 years old, on

Published 21 Oct, 2019 12:00am

IT & Computers

50 years after internet conception, dark side stirs fear

On October 29, 1969, professor Leonard Kleinrock and a team at the University of California at Los Angeles got a computer to "talk" to a machine in what is now known as Silicon Valley. The event gave birth to a network that later became known as the inter

Updated 21 Oct, 2019 04:46am

Global Business Economy

Amazon calls for regulation of facial recognition technology

Amazon is endorsing the idea of government regulation of facial recognition technology, as part of a wide-ranging statement of its principles on a range of social and political issues. The US tech giant, which has come under scrutiny by antitrust enforcer

Updated 21 Oct, 2019 06:20am

Telecommunication

Samsung to deploy software patch after Galaxy S10 fingerprint flaw found

A flaw with Samsung's top-end Galaxy S10 fingerprint system that allows the smartphone to be opened by a third party will soon be fixed, the tech giant said Thursday. A user in the UK told the Sun newspaper earlier this week her Samsung device could be un

Updated 21 Oct, 2019 04:43am

IT & Computers

Facebook researchers use maths for better translations

Designers of machine translation tools still mostly rely on dictionaries to make a foreign language understandable. But now there is a new way: numbers. Facebook researchers say rendering words into figures and exploiting mathematical similarities between

Updated 21 Oct, 2019 04:41am

Money & Banking

Citigroup plans to set up securities business in China

Citigroup Inc plans to set up a wholly-owned securities business in China, people with knowledge of the matter said on Tuesday, taking advantage of Beijing's move to fully open up some of its financial sectors to foreigners next year.

Updated 21 Oct, 2019 04:18am

Money & Banking

Goldman profit slammed by souring WeWork, Uber bets

Goldman Sachs Group Inc missed Wall Street estimates for quarterly profit on Tuesday as it took heavy losses from high-profile investments in WeWork and Uber Technologies and faced up to a weakening global economy.

Updated 21 Oct, 2019 04:31am

IT & Computers

TSMC Q3 profit rises 13.5 percent

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) reported a 13.5% rise in third quarter profit on Thursday, its strongest growth since 2017, as robust demand for 5G chips boosted sales despite fears of a global tech slowdown.

Updated 21 Oct, 2019 07:21am

Money & Banking

AmEx profit beats estimates

Credit card issuer American Express Co reported a higher-than-expected quarterly profit that highlighted the health of the US consumer even as fears mount that a manufacturing-led weakness could spread to the broader economy.

Updated 21 Oct, 2019 04:27am

Money & Banking

HSBC taps Lazard to sell French retail business

HSBC Holdings has hired US investment bank Lazard Ltd to sell its French retail business, a source close to the matter told Reuters, as part of a plan by new interim chief executive Noel Quinn to reduce costs across the banking group.

Updated 21 Oct, 2019 04:25am

Money & Banking

UniCredit to pass on negative rates to just million-plus clients

Italian banking giant UniCredit said on Monday it would pass on negative interest rates to clients with deposits of over one million euros, having earlier spoken of charging for accounts with 100,000 euros.

Updated 21 Oct, 2019 04:33am

Global Business Economy

Etihad sets up low-cost airline with Air Arabia

Etihad Airways and Air Arabia are jointly setting up a low cost carrier in Abu Dhabi to tap into growing demand for budget travel from the United Arab Emirates' capital, they said on Wednesday.

Updated 21 Oct, 2019 06:30am

Global Business Economy

Hyundai Motor Group unveils $35 billion investment plan

Hyundai Motor Group said it plans to invest 41 trillion won ($35 billion) in mobility and other auto technologies by 2025, part of which will be directed to an ambitious effort to become more competitive in self-driving cars that has also received governm

Updated 21 Oct, 2019 06:30am

Telecommunication

Ericsson earnings top forecast as 5G takes off

Telecoms equipment maker Ericsson beat quarterly core earnings expectations on Thursday and lifted its market forecast for this year and its sales target for 2020, saying demand for superfast 5G networks was taking off earlier than expected.

Updated 21 Oct, 2019 06:54am

Money & Banking

Emerging markets come off the boil for Nestle and Unilever

Global consumer goods companies have been banking on emerging markets to drive their growth, so signs on Thursday that sales have come off the boil in the once-booming economies of China and India could set alarm bells ringing.

Updated 21 Oct, 2019 06:04am

Money & Banking

Brexit stumble to dent euphoric pound but bulk of gains to hold

Britain's latest Brexit stumble is likely to prompt a pullback in sterling's recent rally when trading resumes later on Sunday, though strategists say rising confidence that a disorderly European Union exit will be avoided should limit any sell-off. The p

Updated 21 Oct, 2019 06:05am

IT & Computers

Russian government supports capping IT firms foreign ownership

The Russian government has supported a draft law on limiting foreign ownership in major IT companies to just under 50 percent, according to a parliamentary website, a move which may further tighten state control over the internet. Initially, the proposals

Updated 21 Oct, 2019 06:55am

General News

World's oldest pearl found in Abu Dhabi

An 8,000-year-old pearl that archaeologists say is the world's oldest will be displayed in Abu Dhabi, according to authorities who said Sunday it is proof the objects have been traded since Neolithic times. The natural pearl was found in the floor of a ro

Published 21 Oct, 2019 12:00am

Global Business Economy

French trains disrupted by wildcat strike

French rail services ground to a halt in parts of the country Sunday as workers walked off the job for a third day in a dispute over train staffing levels. Services in the Paris suburbs, the northeastern Champagne-Ardenne region and the southern Occitanie

Updated 21 Oct, 2019 06:30am

Global Business Economy

Longest non-stop passenger flight arrives in Sydney

The longest non-stop passenger flight touched down in Australia Sunday morning after more than 19 hours in the air, a milestone journey from New York that Qantas hopes to parlay into commercial success. Qantas flight QF7879 took 19 hours and 16 minutes to

Updated 21 Oct, 2019 06:30am

Money & Banking

BoJ's Kuroda calls for mix of steps to boost economic growth

Bank of Japan Governor Haruhiko Kuroda said on Sunday a mix of monetary easing, flexible fiscal spending and structural reforms to raise the country's long-term growth potential could be effective in stimulating the economy. Kuroda said central banks of a

Updated 21 Oct, 2019 06:04am

Global Business Economy

High hopes as Dubai marks one-year countdown to Expo 2020

Fireworks exploded over Dubai's skyline on Sunday to mark the one-year countdown to Expo 2020, a big-budget global trade fair the glitzy emirate's rulers hope will restore its flagging fortunes. Megastar Mariah Carey headlined at a concert underneath the

Updated 21 Oct, 2019 06:30am

Erdogan says he will never allow vaping, will block e-cigarettes

Turkish President Tayyip Erdogan said on Sunday he will never allow electronic cigarette companies to produce their products in Turkey, urging Turks to drink tea instead. Speaking at an event against smoking in Istanbul, Erdogan said he had ordered his Tr

Published 21 Oct, 2019 12:00am

Global Business Economy

German airports hit by Eurowings, Germanwings walkouts

Cabin crew at four Lufthansa subsidiary airlines staged a day-long strike Sunday, causing dozens of cancellations at German airports in a battle for better pay and conditions. The walkout, called by the UFO cabin crew union, was initially set to last from

Updated 21 Oct, 2019 06:30am

IT & Computers

China talks up technology prowess in face of US rivalry

China on Sunday said it aims to become a "great power" in the online world and took a swipe at Washington on trade, kicking off its annual conference promoting the Communist Party's controlled and censored version of the internet. US-China rivalry is incr

Updated 21 Oct, 2019 06:55am

Money & Banking

Foreigners snapped up China government bonds in Sept as yuan steadied

Foreigners bought Chinese government bonds at the fastest monthly pace in more than a year in September as the yuan stabilised, official data showed on Wednesday, highlighting robust demand amid the bonds' addition to global indexes.

Updated 21 Oct, 2019 06:07am

Money & Banking

Italy to issue more foreign currency bonds next year

Italy plans to sell more debt denominated in foreign currencies next year after demand for its first US dollar bond in nearly a decade exceeded expectations, the head of debt management at the Treasury said.

Updated 21 Oct, 2019 06:06am

Energy

Aramco says IPO timing depends on 'market conditions'

Saudi Aramco said Sunday the timing of its long-awaited stock market debut "will depend on market conditions," after the latest delay in the blockbuster initial public offering. The IPO forms the cornerstone of a reform programme conceived by the kingdom'

Updated 21 Oct, 2019 06:17am

Money & Banking

Banks boost Saudi index; other Gulf markets down

Saudi Arabia's stock market rose sharply on Sunday, lifted by cheaper valuations and a delay in Aramco's IPO, while other major Gulf markets were mostly weighed down by shares of financial institutions.

Updated 21 Oct, 2019 06:20am

InfiniGold to launch digital token

Fintech firm InfiniGold said on Thursday it would launch a digital token backed by gold stored in the vaults of Australia's Perth Mint, one of the world's largest precious metals refiners. The token will join a growing number of crypto coins whose value i

Published 21 Oct, 2019 12:00am

Money & Banking

Central European currencies slightly up

Central Europe's main currencies mostly firmed slightly on Friday, with a sentiment boost from a newly-agreed Brexit deal offsetting worries about the global economy as China posted weaker-than expected growth in the third quarter.

Updated 21 Oct, 2019 06:46am

Global Business Economy

Indonesia's Lion air set to list shares

Indonesia's Lion Air is set to launch an initial public offering, according to a company spokesman, in a listing that could reportedly raise up to $1.0-billion - one of the country's biggest-ever share sales.

Updated 21 Oct, 2019 06:30am

Money & Banking

'Bearish paralysis' sees $11.1 billion flow into bonds

A total of $11.1 billion flowed into bond funds in the week to Wednesday as investors dumped stocks amid a "bearish paralysis" on Wall Street, Bank of America Merrill Lynch said on Friday.

Updated 21 Oct, 2019 06:46am

Money & Banking

Dizzying times for the Brexit-driven pound

Five-month highs and frequent falls versus the dollar and euro - the British pound is at its most volatile in a year, dragged in different directions by Brexit twists and turns.

Updated 21 Oct, 2019 06:46am

Money & Banking

ECB in no rush to change rules of its bond purchases

The European Central Bank is in no rush to change the rules of its bond-buying programme because they serve a purpose and the ECB can still "go quite a long time" without violating them, its chief economist said on Wednesday.

Updated 21 Oct, 2019 06:47am

Stocks

Europe Inc's recession expected to deepen as Q3 earnings outlook dims

Europe's corporate recession is expected to deepen, the latest forecasts show, as companies struggle with uncertainties from Brexit, the protracted US-China trade spat and Germany's manufacturing recession.

Updated 21 Oct, 2019 07:00am

Stocks

Wall Street week ahead: Tech haves and have-nots face third-quarter tests

Technology companies, which make up the largest swath of the US stock market, are expected to post a nearly 8% drop in third-quarter profits as reports roll in next week from many of the sector's biggest corporations.

Updated 21 Oct, 2019 06:53am

General News

Rohingya refugees agree move to Bangladesh island

Thousands of Rohingya living in Bangladesh refugee camps have agreed to move to an island in the Bay of Bengal, officials said Sunday, despite fears the site is prone to flooding. Dhaka has long wanted to move 100,000 refugees to the muddy silt islet, say

Published 21 Oct, 2019 12:00am

General News

Kurdish fighters withdraw from besieged Syria town

The Kurdish-led Syrian Democratic Forces fully withdrew from a Turkish-encircled town in northern Syria Sunday, in what appeared to be the start of a wider pullout under a ceasefire deal. Ankara launched a cross-border attack against Syria's Kurds on Octo

Published 21 Oct, 2019 12:00am

General News

Hundreds of shops trashed as Hong Kong police, protesters clash

Hong Kong police and protesters exchanged tear gas and petrol bombs as an illegal anti-government march that attracted tens of thousands descended into chaos, with hundreds of shops trashed and Chinese banks and metro stations targeted. After two weeks of

Published 21 Oct, 2019 12:00am

General News

Thirty killed in DR Congo bus accident

At least 30 people were killed when a packed bus came off the road and burst into flames overnight near Kinshasa, the DR Congo capital, a local official said Sunday. "The current toll is 30 dead. Eighteen others have third-degree burns," Red Cross spokesm

Published 21 Oct, 2019 12:00am

Global Business Economy

Boeing expresses regret over ex-pilot's messages

Boeing Co said on Sunday that it regrets and understands concerns raised by the release of a former Boeing test pilot's internal instant messages noting erratic software behavior two years before deadly crashes of its 737 MAX jet. The world's largest plan

Updated 21 Oct, 2019 06:29am

General News

Green Party makes historic gains in Swiss vote

Switzerland's Green Party made historic gains in national elections Sunday, while the anti-immigrant right wing was on track to remain the largest party in parliament despite a slip in its support. Ballots were still being counted in the wealthy Alpine na

Published 21 Oct, 2019 12:00am

General News

New clashes in Chile as two die in protest violence

Fresh clashes broke out in Chile's capital Santiago on Sunday after two people died when a supermarket was torched overnight as violent protests sparked by anger over economic conditions and social inequality raged into a third day. Police and the militar

Published 21 Oct, 2019 12:00am

General News

Hariri agrees reforms amid nationwide protests over economic crisis

Lebanese Prime Minister Saad al-Hariri agreed on Sunday a package of reforms with government partners to ease an economic crisis that has sparked protests aimed at ousting a ruling elite seen as riddled with corruption and cronyism. Officials told Reuters

Published 21 Oct, 2019 12:00am

General News

Three US soldiers killed in training accident

Three US soldiers were killed and three others injured in the state of Georgia Sunday in an accident involving the armored combat vehicle they were in, the military said in a statement. The army provided no details on the nature of the accident, which is

Published 21 Oct, 2019 12:00am

General News

Pro-separatists stage new Barcelona rallies, government says violence fading

Hundreds of pro-independence protesters took to the streets of Barcelona for a seventh successive night on Sunday, with anger over the jailing of Catalan separatist leaders showing little sign of abating. One large crowd blocked a road close to the Spanis

Published 21 Oct, 2019 12:00am

General News

EU calls for Afghanistan ceasefire

European Union officials called Sunday for a ceasefire in Afghanistan, saying the breakdown in talks between the US and the Taliban presented an opportunity to push anew for a truce. US President Donald Trump last month declared talks with the insurgents

Published 21 Oct, 2019 12:00am

General News

Government in contact with opposition parties: Khattak

Federal Minister for Defence and Chairman Negotiation Committee, Pervez Khattak has said that members of the panel are in contract with opposition parties including PML-N, PPP, JUI-F, ANP and maximum progress is made.

Published 21 Oct, 2019 12:00am

General News

Fazl again rejects talks with government

Chief of his own faction, Jamiat Ulama-e-Islam-Fazl (JUI-F), Maulana Fazl-ur-Rehman on Sunday said that the government had formed a committee to hold talks with them (JUI-F) but there would be no talks with the government.

Published 21 Oct, 2019 12:00am

Brief Recordings

An interview with MD Sindh Enterprise Development Fund (SEDF)

Mehboob ul Haq has been the managing director of SEDF since January 2012. An IBA graduate who worked in the corporate sector before joining Board of Investment in 2006 from where he moved to Sindh Board of Investment as its founding member & director in 2

Updated 21 Oct, 2019 10:17am

General News

Speakers pay rich tributes to Asma Jahangir

A two-day Asma Jahangir conference concluded, here on Sunday with the resolve to raise voice for the supremacy of law and protection of human rights.

Published 21 Oct, 2019 12:00am

PSM revival plan: Ministry to share progress with Senate body today

Ministry of Industries and Production (MoI&P) is to share progress on revival plan of Pakistan Steel Mills (PSM) with Senate Standing Committee on Industries and Production on Monday (today).

Published 21 Oct, 2019 12:00am

Business & Economy

Malnutrition PBIF urges government to take steps

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has urged the government to take immediate step to arrest malnutrition otherwise it could result in heavy political and economic price.

Updated 21 Oct, 2019 04:15am

General News

India suffering from a state of confusion: Qureshi

Following effective response by Pakistan Army in which nine Indian soldiers were killed on Sunday when India violated ceasefire across the Line of Control (LoC), Pakistani Foreign Minister Shah Mehmood Qureshi said India has been suffering from a state of

Published 21 Oct, 2019 12:00am

General News

Country moving towards anarchy, claims Bilawal

Chairman Pakistan People's Party (PPP) Bilawal Bhutto-Zardari said that government must think that running the affairs of country is not like playing a cricket match. He said when parliament will be locked then politicians would have to do protest.

Published 21 Oct, 2019 12:00am

General News

FATF case fought efficiently by Pakistan: ATP chief

Chairman, Amun Taraqqi Party (ATP), Muhammad Faiq Shah said Pakistan fought case in Financial Action Task Force (FATF) in efficient manner and foiled the Indian conspiracy in this regard. However, he called to make legislation for organized strategy at fi

Published 21 Oct, 2019 12:00am

Business & Economy

Interiors Pakistan Expo: Over 30 foreign companies to exhibit furniture products

Over 30 foreign companies to showcase their furniture products in 3-day mega 11th Interiors Pakistan Exhibition to be held from November 22 here at Expo Centre.

Updated 21 Oct, 2019 04:13am

General News

Government dissolves PMDC, establishes PMC

The federal government on Sunday dissolved the existing body of Pakistan Medical and Dental Council (PMDC) and established a new organization, Pakistan Medical Commission (PMC), to regulate medical profession in the country.

Published 21 Oct, 2019 12:00am

Taxes

SRO 121 termed major hurdle in GITTA train service

Ziaul Haq Sarhadi, Deputy Convener of Pakistan Federation of Chamber of Commerce and Industry (FPCCI) for Pakistan Railways (PR) and Member Advisory Committee PR has said that SRO 121 is the biggest hurdle in the transportation of transit goods from Karac

Updated 21 Oct, 2019 06:51am

General News

Three suspects held from Chehlum procession

Police claimed to have arrest three suspects who wants disruption in the main procession of Chehlum of Hazrat Imam Hussain (AS) and shifted to unknown location for investigation.

Published 21 Oct, 2019 12:00am

Taxes

Ministry authorises releases of Rs 333.6 million for Revenue Division

The Ministry of Planning, Development and Reforms has so far authorized release of Rs 333.648 million for various ongoing and new projects of Revenue Division under the Public Sector Development Programme (PSDP) for the current fiscal year (2019-20).

Updated 21 Oct, 2019 06:58am

Business & Economy

Tourism Bill, 2019: KP government can notify any area as integrated tourism zone

The provincial government of Khyber Pakhtunkhwa on the recommendation of Provincial Tourism Strategy Board (PTSB) can notify to declare any area within the province as an 'Integrated Tourism Zone' to deal it in accordance with the provisions of KP Tourism

Updated 21 Oct, 2019 04:17am

General News

Alvi reaches Japan on five-day visit

President Arif Alvi on Sunday reached Japan on a five-day visit to attend the enthronement ceremony of Emperor Naruhito. The ceremony in Tokyo is being attended by heads of state and government, rulers, and senior officials from around 170 countries.

Published 21 Oct, 2019 12:00am

General News

AJK PM urges UN to take notice of India's unprovoked firing

Azad Jammu and Kashmir Prime Minister Raja Farooq Haider Khan has appealed to the UN Secretary General to take immediate serious notice of the frequent unprovoked Indian firing at the LoC, which he called the Cease Fire Line (CFL) targeting civilians dwel

Published 21 Oct, 2019 12:00am

General News

JKSM's protest rally against Indian atrocities in IOK held

A large number of people belonging to all walks of life on Sunday condemned the Indian brutalities and showed solidarity with people of Indian occupied Kashmiris (IOK).

Published 21 Oct, 2019 12:00am

Business & Economy

'Digital economy to boost GDP up to $40 billion annually'

'Digital economy in Pakistan' has huge potential for boosting the country's Gross Domestic Product (GDP) up to the level of $ 40 billion, besides consolidating the local economy.

Published 21 Oct, 2019 12:00am

Cotton & Textile

WEEKLY COTTON REVIEW: Drastic cut in production hits businesses

The rate of cotton increased by Rs 300 per maund due to increase in buying by the textile sector. The drastic decrease in cotton production effects all the businesses related to cotton. There is severe financial crunch in markets due to the imposition of

Updated 21 Oct, 2019 07:24am

General News

Balochistan varsity VC steps down over video scandal

Prof Dr Javed Iqbal, the vice-chancellor of University of Balochistan, stepped down from the post until the Federal Investigation Agency (FIA) completes its inquiry into recent cases of harassment in the university.

Published 21 Oct, 2019 12:00am

General News

CJP to administer oath to Justice Aminuddin as SC judge today

Chief Justice of Pakistan (CJP) Asif Saeed Khosa will administer oath to Justice Aminuddin Khan as Supreme Court judge on Monday (today). Justice Khan, who was fifth in seniority list of Lahore High Court, would serve as apex court judge till November 30,

Published 21 Oct, 2019 12:00am

General News

Pakistan Navy joins Trans Regional Maritime Network

Pakistan Navy joined 32-member Trans Regional Maritime Network (T-RMN), based in Italy. Chief of the Naval Staff Admiral Zafar Mahmood Abbasi formally signed the 'Note of Accession' for joining the organization at Naval Headquarters, Islamabad. Ambassador

Published 21 Oct, 2019 12:00am

Business & Economy

FATF lauds Pakistan's measures, says Firdous

The Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan on Sunday said Financial Action Task Force (FATF) lauded the measures taken by the government to eradicate money laundering and terrorism which is recognitio

Published 21 Oct, 2019 12:00am

General News

Buzdar slams Indian unprovoked firing at LoC

Punjab Chief Minister Usman Buzdar has condemned unprovoked firing on civilians by Indian forces at the Line of Control. In a statement issued on Sunday, the chief minister while paying tributes to the sacrifices of martyrs said that targeting innocent ci

Published 21 Oct, 2019 12:00am

General News

Rectifying passports: Government employees seek further extension in date

The government employees from different departments are still waiting for another extension by the authorities in the deadline for rectifying their passports by revealing their professions as per the policy of the present government.

Published 21 Oct, 2019 12:00am

General News

Chehlum observed with religious fervour in Karachi

Like others parts of the country, the Chehlum of Hazrat Imam Hussain (AS) and his faithful companions was observed on Sunday, with religious spirit and reverence. The mourning procession was taken out from Nishter Park, which after passing through its tra

Published 21 Oct, 2019 12:00am

General News

Rape, murder of Noor Fatima: Arrest culprits in three days, warns Baloch

Jamaat-e-Islami Naib Emir Liaqat Baloch has issued warning to the rulers to arrest the culprits involved in rape and murder of Noor Fatima within three days or get ready to face the protest. Baloch visited the family of the seven-year old girl in Bhabra a

Published 21 Oct, 2019 12:00am

General News

Chehlum of Imam Hussain (RA) observed with great reverence

Amid heightened security, the Chehlum of Hazrat Imam Hussain (RA) and other martyrs of Karbala in Peshawar and other districts of Khyber Pakhtunkhwa was observed on Sunday with traditional religious spirit and reverence. The district government and provin

Published 21 Oct, 2019 12:00am

General News

Oil tanker overturns: 40,000 liters diesel spills out on Indus Highway

Approximately 40,000 liters of diesel spilled out of an oil tanker when it overturned on the Indus Highway in the vicinity of Kot Chutta, a subdivision of Dera Ghazi Khan District, on Sunday morning. A driver and a helper got injured in the accident that

Published 21 Oct, 2019 12:00am

Sizeable increase witnessed in essential commodities' prices

A sizable increase in prices of essential food commodities was witnessed in local market, according to a survey carried out by Business Recorder here on Sunday. The survey noticed upward trend in prices of vegetable, flour, pulses, fruits and other

Published 21 Oct, 2019 12:00am

General News

Omar inaugurates 306KW hydro power plant in Chitral

Pakistan Poverty Alleviation Fund in collaboration with Agha Khan Rural Support Program and German Development Bank (KfW) successfully installed 306 KW hydro power plant in Gazeen, Chitral, providing renewable energy to hundreds of households. The Hydropo

Published 21 Oct, 2019 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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