News Archives for Print - 2019-10-28

Print - 2019-10-28

Articles

Big drop in industrial production

The information on the Quantum Index of Manufacturing (QIM) for the month of August 2019 has just been released by the Pakistan Bureau of Statistics. This has raised alarm bells. There has been a sizeable drop in production by the large-scale manufacturin

Updated 29 Oct, 2019 06:49am

Articles

The March and its fallout

Maulana Fazlur Rehman's 'Azadi' (Freedom) March is off and running. Starting from Sohrab Goth in Karachi, the Jamiat-i-Ulema-i-Islam-Fazl's (JUI-F's) rally set off for upcountry on October 27, 2019 as scheduled. Other opposition parties, including the Pak

Updated 29 Oct, 2019 07:21am

IMF mission may arrive today

The International Monetary Fund's (IMF's) Review Mission is expected to reach Islamabad today (Monday) to evaluate implementation of economic targets agreed by Pakistan for $ 6 billion facility. On July 3, 2019, the IMF Executive Board had approved the $

Updated 28 Oct, 2019 05:42am

General News

The Weather

The weather report on Friday (October 27, 2019) and the forecast for Saturday (October 28, 2019).

Published 28 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 28 Oct, 2019 12:00am

Rates

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (October 21 to 25, 2019).

Published 28 Oct, 2019 12:00am

General News

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 28 Oct, 2019 12:00am

MESSAGE FROM FIRDOUS ASHIQ AWAN

Today, when the people of Kashmir and the Kashmiri diaspora all over the world are observing black day in connection with landing of Indian troops on the Kashmiri soil in brazen and blatant violation of the Independence Act, the partition plan and interna

Published 28 Oct, 2019 12:00am

MESSAGE FROM ALI AMIN KHAN GANDAPUR (FEDERAL MINISTER FOR KASHMIR AFFAIRS & GILGIT BALTISTAN)

This Kashmir day is darker than the rest. On August 5th, India tried to legitimize it's illegal occupation of Jammu and Kashmir exactly as it had tried to do almost 72 years ago on October 27th, 1947.Then, just like now, the people of Indian occupied Jamm

Published 28 Oct, 2019 12:00am

MESSAGE FROM SHAH MAHMOOD QURESHI (FEDERAL MINISTER FOR FOREIGN AFFAIRS)

On this day 72 years ago, Indian security forces landed in Srinagar to occupy and oppress the people of Jammu & Kashmir violating international law and international norms. On 5th August 2019, India moved to alter the disputed status of occupied Jammu & K

Published 28 Oct, 2019 12:00am

MESSAGE FROM IMRAN KHAN (PRIME MINISTER ISLAMIC REPUBLIC OF PAKISTAN)

The Kashmir Black Day being observed in Pakistan and across the world today is distinct from the past. On 27 October 1947, India had illegally occupied Jammu & Kashmir, and, on 5th August 2019, it took further steps to unilaterally alter the disputed stat

Published 28 Oct, 2019 12:00am

MESSAGE FROM ARIF ALVI (PRESIDENT ISLAMIC REPUBLIC OF PAKISTAN)

27th October marks one of the darkest chapters in the history of Jammu & Kashmir. On this day, seventy-two years ago, Indian security forces landed in Srinagar to occupy, oppress and terrorize the innocent people of Indian occupied Jammu & Kashmir (IOJ&K)

Published 28 Oct, 2019 12:00am

Other

SA's Pollard breaks Welsh hearts in Rugby World Cup semis

South Africa will play England in the Rugby World Cup final after Handre Pollard scored 14 points to steer Rassie Erasmus' team to a hard-fought 19-16 victory over Wales in Yokohama on Sunday.

Published 28 Oct, 2019 12:00am

Other

Barty eyes blockbuster match against Osaka

Ashleigh Barty has vowed to maintain focus at the season-ending WTA Finals after securing the year-end No.1 ranking on Sunday. The French Open champion's 5-7, 6-1, 6-2 victory over Belinda Bencic saw her become Australia's first year-end No.1 since Lleyto

Published 28 Oct, 2019 12:00am

Other

Federer wins 10th Basel title

Roger Federer won his 10th Basel title on Sunday, smothering young Australian Alex De Minaur 6-2, 6-2 to secure what the Swiss legend described as "an unbelievable" success at the home-town tournament where he used to work as a ballboy.

Published 28 Oct, 2019 12:00am

Other

Liverpool battle back to beat Spurs as Man Utd win away

Liverpool came from behind to beat Tottenham 2-1 on Sunday and restore their six-point lead at the top of the Premier League as Manchester United finally remembered how to win on the road.

Published 28 Oct, 2019 12:00am

Other

Thiem wins 16th career title with Vienna triumph

Top seed Dominic Thiem claimed his 16th career title and fifth of 2019 on Sunday with a 3-6, 6-4, 6-3 comeback win over Argentina's Diego Schwartzman in the Vienna ATP final.

Updated 29 Oct, 2019 07:22am

Other

KP women football trials from 30th

Trials to select Khyber Pakhtunkhwa Women Football team will be held on at the ground of the City Girls College Gulbahar on October 30-31, 2019 here.

Published 28 Oct, 2019 12:00am

Other

Sabalenka beats Bertens to win third title of 2019

Aryna Sabalenka won her third singles title of the year - all in China - with a straight-sets victory over top seed Kiki Bertens in the Elite Trophy Zhuhai final on Sunday.

Published 28 Oct, 2019 12:00am

Other

Papua New Guinea book maiden T20 World Cup place

Papua New Guinea will make their first ever appearance at a World Cup after beating Kenya in Dubai on Sunday to book their place at next year's T20 World Cup.

Published 28 Oct, 2019 12:00am

Other

Marquez wins Australia MotoGP thriller as Vinales crashes

World champion Marc Marquez secured his 11th victory of the season at the Australian MotoGP after disaster struck fellow Spaniard Maverick Vinales, who crashed on the last lap.

Published 28 Oct, 2019 12:00am

Other

Warner's birthday T20 ton as Australia slam Sri Lanka

David Warner emphatically bounced back to form with a first-ever Twenty20 century as Australia crushed Sri Lanka by 134 runs in their opening match of the three-game series in Adelaide on Sunday.

Published 28 Oct, 2019 12:00am

General News

Climate change hampers progress on fighting epidemics: Global Fund

Climate change is making it harder to eradicate deadly epidemics, with rising temperatures helping mosquitoes spread malaria in higher places in Africa, the head of a global health fund said on Tuesday.

Published 28 Oct, 2019 12:00am

General News

Doubt over future of Antarctic ocean sanctuary plans

A push by Australia and France to create a massive ocean sanctuary in east Antarctica is in doubt as nations meet in Hobart to discuss the plans, with China and Russia opposing. The proposed East Antarctic marine park would protect one million square kilo

Published 28 Oct, 2019 12:00am

General News

Movement during class improves students' abilities

When academic classes include physical activity, like squats or running in place, students do better on tests, a new study suggests. The idea of intertwining academic learning with physical activity has come about as more and more schools have cut back on

Published 28 Oct, 2019 12:00am

General News

Two of three polio viruses eradicated in 'historic' step: WHO

The World Health Organization welcomed an "historic step" towards a polio-free world on Thursday as an expert panel certified that the second of three types of the crippling virus has been eradicated globally.

Published 28 Oct, 2019 12:00am

General News

'Chaos map' charts global deaths from water, food, fuel disruption

As the planet warms, deadly conflicts over water, food and fuel shortages and price hikes for those essentials are expected to start increasing dramatically, including in relatively stable parts of the world like Europe, researchers warned on Thursday.

Published 28 Oct, 2019 12:00am

IT & Computers

Google touts quantum computing milestone

Google said it has achieved a breakthrough in quantum computing research, saying an experimental quantum processor has completed a calculation in just a few minutes that would take a traditional supercomputer thousands of years.

Updated 28 Oct, 2019 06:11am

General News

Space: a major legal void

The internet of space is here. SpaceX founder Elon Musk tweeted this week using a connection provided by the first satellites in his high-speed Starlink constellation, which one day could include... 42,000 mini-satellites.

Published 28 Oct, 2019 12:00am

Global Business Economy

Hyundai to test self-driving car service in California

Hyundai on Friday announced that it will begin testing a self-driving ride service in Southern California next month.

Updated 28 Oct, 2019 06:48am

IT & Computers

Google search gets smarter so queries don't have to

Google on Friday announced its "biggest leap forward" in years in its search algorithm, offering an unusually detailed public explanation of its secret formula.

Updated 28 Oct, 2019 06:11am

Global Business Economy

Hyundai targets EV sales, posts disappointing Q3

South Korea's Hyundai Motor pledged to boost sales of electric vehicles (EV) to over half a million by 2025 as part of a bid to focus on new technologies and catch up with rivals, but some analysts saw the target as conservative and warned of the costs.

Updated 28 Oct, 2019 06:32am

Global Business Economy

Ford cuts full-year profit outlook as Q3 profit dips

Ford Motor Co on Wednesday cut its forecast for operating profit for the year after a disappointing third quarter that Chief Executive Jim Hackett blamed on higher warranty costs, bigger discounts and weaker than expected performance in China.

Updated 28 Oct, 2019 06:32am

Companies

ABB's earnings offer some relief as US, China weaken

ABB's profit fell by less than expected in the third quarter, lifting its shares on Wednesday, although the Swiss engineering company said conditions were weakening in the United States and China, its two biggest markets.

Updated 28 Oct, 2019 05:44am

Global Business Economy

American Airlines earnings rise

American Airlines rode strong demand for flying among the travelling public to higher earnings on Thursday despite mounting costs connected to the prolonged grounding of the Boeing 737 MAX.

Updated 28 Oct, 2019 06:55am

Global Business Economy

Australia's Qantas posts 1.8 percent rise in first-quarter revenue

Australia's Qantas Airways Ltd said on Thursday it would increase domestic capacity to maintain market share against rival Virgin Australia Holdings Ltd even as it reported lower revenue from those routes, sending shares tumbling almost 6 percent.

Updated 28 Oct, 2019 06:55am

Companies

Lockheed Martin profit up but forecasts lower cash flow in 2020

Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2 percent amid improved sales of its F-35 fighter jets, but shares fell in premarket trading after it forecast lower cash flow next year.

Updated 28 Oct, 2019 05:45am

Global Business Economy

Tesla posts surprise quarterly profit on record deliveries

Tesla Inc on Wednesday surprised investors by posting a profitable third quarter, boosted by record deliveries, cost cuts and improved production schedules for its new electric vehicle model, causing shares to soar in after-market trading.

Updated 28 Oct, 2019 06:55am

Global Business Economy

Boeing profit slumps 53 percent as MAX grounding takes heavy toll

Boeing Co cut production of its flagship Dreamliner and delayed the arrival of a successor to its 777 mini-jumbo on Wednesday, piling new pressures on a rejigged senior management team as the continued safety grounding of its 737 MAX sliced third quarter

Updated 28 Oct, 2019 07:09am

Global Business Economy

Britain awash with corrupt cash: study

Britain is awash with dirty money as the world's most corrupt funnel cash into luxury yachts, jewellery, property, jets and even private school fees, campaigners said Thursday in a study. More than £300 billion ($386 billion, 347 billion euros) of suspect

Updated 28 Oct, 2019 07:09am

Money & Banking

UBS wants new recruit Iqbal Khan to drop criminal complaint over spying

UBS wants Iqbal Khan, co-head of its wealth management business, to drop his criminal complaint over a spying scandal that emerged after he left cross-town rival Credit Suisse, the SonntagsZeitung newspaper reported on Sunday. UBS's board would welcome it

Updated 28 Oct, 2019 05:55am

Global Business Economy

Brazil to lure airlines to fly domestic

Brazil is determined to lure airlines to operate domestic flights in Latin America's largest aviation market, and is taking meetings with at least three carriers, a senior government official told Reuters. "We are going to talk with Jet Blue, we are going

Updated 28 Oct, 2019 07:19am

Global Business Economy

LVMH makes bid for jewellers Tiffany

LMVH, which owns Louis Vuitton, Dior and the champagne brands Veuve Clicquot and Moet, has made a bid for American jeweller Tiffany, known for its engagement rings and diamonds. The French luxury giant made an offer for the US company at the start of the

Updated 28 Oct, 2019 07:18am

Global Business Economy

Brazil, United Arab Emirates sign deal to deepen trade ties

Brazil and the United Arab Emirates have agreed to expand trade between the two nations and foster investment fund partnerships in sectors such as agribusiness, infrastructure, energy and defense, according to a joint statement released on Sunday. Brazili

Updated 28 Oct, 2019 07:16am

Global Business Economy

US duty-free loss could cost Thai products $60 million

Thai exporters facing the loss of duty-free status for certain goods sold to the United States could incur losses of up to 1.8 billion baht ($59.68 million) per year, Commerce Minister Jurin Laksanavisit told reporters on Sunday. The United States on Frid

Updated 28 Oct, 2019 07:15am

Agrocorp to supply 50,000 tonnes of wheat to Bangladesh

Singapore-based trading house Agrocorp secured a tender to supply 50,000 tonnes of wheat to Bangladesh after submitting the lowest offer of $255.46 a tonne, including CIF liner out, two officials with the country's state grains buyer said on Sunday. Five

Published 28 Oct, 2019 12:00am

Global Business Economy

Saudi SABIC records $400 millions impairment loss on Clariant, Q3 profit plunges

Saudi Basic Industries Corp (SABIC) reported an 86% drop in third-quarter net profit on Sunday after taking an impairment charge of 1.5 billion riyals ($400 million) on its investment in Swiss chemicals firm Clariant. SABIC also warned that the new capaci

Updated 28 Oct, 2019 07:46am

Global Business Economy

China's industrial profits fall 5.3 percent

Profits at China's industrial firms contracted for the second straight month in September as producer prices continued their slide, highlighting the toll a slowing economy and protracted US trade war are having taken on corporate balance sheets. Industria

Updated 28 Oct, 2019 07:31am

Global Business Economy

China should ease regulations for foreign financial institutions: HSBC

China should ease regulations so that foreign financial institutions can obtain licenses and raise deposits more easily in the country, a senior executive from HSBC said on Sunday. Peter Wong, deputy chairman and chief executive of HSBC's Asia Pacific ope

Updated 28 Oct, 2019 11:15am

Money & Banking

China studying blockchain application for forex

China is studying the application of blockchain and artificial intelligence in cross-border financing with a focus on risk management, and will further liberalise its capital markets, a senior foreign exchange regulator said on Sunday. The comment by Lu L

Updated 28 Oct, 2019 05:48am

Stocks

UK watchdog hits back at critics over Woodford fund

Regulators won't step in every time they see investors losing money or the price of assets tumbling, Britain's markets watchdog said after being accused of tardiness in handling the now closed Woodford equity fund. Andrew Bailey, chief executive of the Fi

Updated 28 Oct, 2019 06:54am

Stocks

Foreigners increase buying in Japan stocks

Foreigners were net buyers of Japanese stocks for a second straight week ended Oct. 18, as optimism around the Brexit deal and rising hopes of Washington and Beijing signing the initial phase of a trade deal next month improved risk sentiment. Overseas in

Updated 28 Oct, 2019 06:52am

Money & Banking

Green bond issuance surpasses $200 billion so far this year

Global green bond and loan issuance has surpassed $200 billion so far this year, putting the market on track to reach $230 billion to $250 billion by the end of the year, the Climate Bonds Initiative (CBI) said on Wednesday. Green bonds are a growing cate

Updated 28 Oct, 2019 06:51am

Global Business Economy

Two Australian IPOs cancelled in 'challenging' market

Online realty company PropertyGuru on Wednesday cancelled its initial public offering (IPO) in Australia because of market volatility, the country's second scrapped listing of a private-equity backed company on the day and the fourth this month. Bain Capi

Updated 28 Oct, 2019 07:44am

Stocks

Saudi index dips on weak earnings; property shares aid Egypt

Gulf stock markets mostly slipped on Sunday, following a series of disappointing corporate results in Saudi Arabia, while Egypt edged up on property shares. In Saudi Arabia, the benchmark index slipped 0.3%, snapping a three-day winning streak, as Saudi B

Updated 28 Oct, 2019 07:17am

Global Business Economy

Australia government debt sale fails to draw enough bids, in rare miss

An auction of short-term Australian government debt on Thursday failed to draw enough bids to sell all the notes on offer, a rare miss that has not happened since 2002. The Australian Office of Financial Management (AOFM), which manages the government's d

Updated 28 Oct, 2019 07:46am

Stocks

Indian shares rise in special session on Diwali

Indian shares made modest gains in a special 'muhurat' one-hour trading session for Diwali on Sunday, underpinned by banks and automobile stocks. "Muhurat" means auspicious in Hindi, and many traders believe gains made during this session bring prosperity

Updated 28 Oct, 2019 07:17am

Money & Banking

Chile sees peso joining heavyweight CLS FX system in 2021

Chile's central bank expects the country's peso currency to be added to the heavyweight global CLS foreign exchange settlement system by 2021, its governor Mario Marcel said on Wednesday. CLS is owned by dozens of the world's largest commercial banks and

Updated 28 Oct, 2019 07:27am

Global Business Economy

JS Global pulls Hong Kong listing amid trade gloom

Household appliances maker JS Global Lifestyle Company Ltd pulled its initial public offering of up to HK$3.62 billion ($464 million) on Saturday, the third float delayed in Hong Kong so far this year, two sources told Reuters. The IPO is among a handful

Updated 28 Oct, 2019 08:43am

Stocks

Morgan Stanley elbows out rivals for plum role in $1.5 billion IPO relaunch

Morgan Stanley has usurped rivals including Deutsche Bank, Citigroup, Credit Suisse and Goldman Sachs to lead the relaunch of a $1.45 billion IPO - Hong Kong's second-largest this year - in an unusually brutal shuffling of banks' roles on a big deal. The

Updated 28 Oct, 2019 07:19am

Stocks

China to allow firms to publicly issue shares on New Third Board exchange

China's securities regulator on Friday took steps to revive the country's New Third Board exchange, unveiling plans to allow companies to raise money more easily, and broaden its investor base. Qualified companies listed on the Beijing-based start-up boar

Updated 28 Oct, 2019 07:19am

Money & Banking

Russia eyes euro, yuan as currency for Eurobonds in 2020

Russia will consider issuing sovereign Eurobonds in 2020 denominated in euros or in Chinese yuans, Finance Minister Anton Siluanov said on Friday. Moscow is looking for alternative ways to raise money abroad after the United States imposed sanctions this

Updated 28 Oct, 2019 07:27am

Stocks

Wall Street week ahead: Bond fund managers see risk Fed cuts rates to zero

Speculation the Federal Reserve will continue cutting interest rates well past its policy meeting next week is pushing some bond fund managers into assets ranging from short-term Treasury bills to half-paid off 15-year home mortgages. They're betting that

Updated 28 Oct, 2019 07:35am

General News

Tear gas and molotovs as Hong Kong reels from new clashes

Hong Kong was gripped by another day of petrol bombs and tear gas on Sunday as police and pro-democracy protesters clashed for hours throughout a popular tourist district. The two sides fought repeated cat and mouse battles in Tsim Sha Tsui, a harbourside

Published 28 Oct, 2019 12:00am

General News

Saudi takes command of coalition troops in Yemen's Aden

Saudi Arabia took command of anti-rebel troops in Yemen's Aden, Saudi state media said Sunday, after the government and southern separatist forces struck a power-sharing deal following clashes in the city. The fighting in August between loyalists and sece

Published 28 Oct, 2019 12:00am

General News

US envoy in Kabul amid poll uncertainty, stalled talks

Zalmay Khalilzad, the US envoy who led talks with the Taliban until negotiations collapsed last month, was in Kabul on Sunday meeting with top Afghan officials including President Ashraf Ghani. His visit comes amid speculation the US is attempting to rest

Published 28 Oct, 2019 12:00am

General News

Belgium's first female prime minister officially named

Belgium's King Philippe officially named Budget Minister Sophie Wilmes interim prime minister on Sunday, making her the first woman to hold the post. Wilmes, a liberal francophone, replaces Charles Michel, who is set to take over as European Council presi

Published 28 Oct, 2019 12:00am

General News

Omanis elect new consultative council

Omanis on Sunday elected an 86-member consultative council whose powers are limited but may possibly play a role in the selection of a successor to the sultan. The vote comes at a time of uncertainty over a successor to Sultan Qaboos, 78, who has no heir

Published 28 Oct, 2019 12:00am

General News

Top Senegal rebel figure killed

Gunmen killed a leading figure of a Senegalese separatist movement on Sunday while he was attending a traditional ceremony, a military spokesman said. Abdou Elinkine Diatta, spokesman of the Movement of Democratic Forces of Casamance (MFDC), was attending

Published 28 Oct, 2019 12:00am

General News

Lebanon protesters form nationwide human chain

Tens of thousands of Lebanese protesters successfully formed a human chain running north-south across the entire country on Sunday to symbolise newfound national unity. Demonstrators joined hands from Tripoli to Tyre, a 170-kilometre (105-mile) chain runn

Published 28 Oct, 2019 12:00am

General News

Thousands rally in Catalan counter-protest

Tens of thousands of people marched Sunday for Spanish unity, staging a counter-rally in Barcelona a day after 350,000 Catalan separatists held a protest over the jailing of nine regional leaders. Around 80,000 people, according to a police estimate, marc

Published 28 Oct, 2019 12:00am

General News

Four Iraqi MPs resign in response to mass protests

Four Iraqi parliamentarians resigned on Sunday in anger at the government's perceived failure to respond to mass protests, piling more pressure on embattled Prime Minister Adel Abdel Mahdi. Rallies demanding an overhaul of the ruling regime have rocked Ir

Published 28 Oct, 2019 12:00am

General News

Defying crackdown, Iraqis keep protesting

Thousands of Iraqi protesters stood fast in Baghdad's central Tahrir Square on Sunday, defying a bloody crackdown that killed scores over the weekend and an overnight raid by security forces seeking to disperse them. Young men had erected barricades on a

Published 28 Oct, 2019 12:00am

Prices of essential kitchen items witness upward trend

The prices of important kitchen items, including vegetable, flour, sugar, fruits, pulses, and others have increased exorbitantly in retail market, according to a survey carried out by Business Recorder here on Sunday.

Published 28 Oct, 2019 12:00am

General News

Mirpur echoes with anti-India, pro-freedom rallies to mark Black Day

Mirpur city of Azad Jammu and Kashmir Sunday banged with various anti-India rallies and procession taken out by all segments of the civil society from different parts of the city to mark protest against continued illegal Indian occupation of Jammu and Kas

Published 28 Oct, 2019 12:00am

Brief Recordings

“We are making good progress on FATF action plan," An interview with Hammad Azhar, Federal Minister for Economic Affairs Division

Hammad Azhar is a prominent member of the Khan government's economic team. Besides heading the Economic Affairs Division (EAD), the young minister is also the focal person for Pakistan's engagements with the Financial Action Task Force (FATF). A barrister

Updated 28 Oct, 2019 09:05am

General News

Kashmir 'Black Day' observed across Faisalabad

Kashmir Black Day was observed across the Faisalabad Division to express solidarity with the people of Indian occupied Jammu and Kashmir and to condemn the illegal occupation of the territory by India on October 27, 1947.

Published 28 Oct, 2019 12:00am

General News

Punjab government observes 'Black Day' across province

in order to show complete solidarity with Kashmiris, Punjab government observed "Black Day" throughout the province. Various ceremonies were held to expose Indian aggression in occupied Kashmir.

Published 28 Oct, 2019 12:00am

General News

Pakistan incomplete sans Kashmir, says Firdous

Special Assistant to the Prime Minister on Information and Broadcasting, Dr Firdous Ashiq Awan, Sunday said Pakistan was incomplete sans Kashmir as it was the jugular vein of the country.

Published 28 Oct, 2019 12:00am

General News

'Black Day' observed in Sialkot

Refugees from Jammu and Kashmir settled in Sialkot and Narowal districts and general public on Sunday observed black day to express complete solidarity with their Kashmiri brothers. On this occasion, they lauded the efforts of Pakistan government for taki

Published 28 Oct, 2019 12:00am

General News

Kashmir Black Day: One minute silence observed in Tehran

Kashmir Black Day was observed on Sunday at the Embassy of Pakistan, Tehran to express support of the Pakistani nation for the struggle of the Kashmiri people against the atrocities being committed by the Indian security forces in Indian Occupied Kashmir.

Published 28 Oct, 2019 12:00am

Business & Economy

Traders' two-day strike begins tomorrow

Trading community has decided two-day shutter down on Oct 29 and 30 against massive taxes imposed by the federal government.

Updated 28 Oct, 2019 06:02am

General News

JUI-F reiterates PM's resignation demand

Convener of the Rehbar Committee of opposition parties, Akram Khan Durrani has reiterated that the resignation of the Prime Minister is their first demand, adding that their Azadi March will be peaceful.

Published 28 Oct, 2019 12:00am

Energy

Pesco holds open kutcheries across KP

Officials of Peshawar Electric Supply Company (Pesco) on Sunday organised open katcheries (open forum) for the redresssal of public complaints across Khyber Pakhtunkhwa.

Updated 28 Oct, 2019 07:35am

General News

Government to announce three-year Hajj policy

Additional Secretary Hajj & Religious Affairs, Mohammad Daud Warriach has said that this year, the government has planned to announce a three-year Hajj policy to provide maximum opportunities of training to pilgrims.

Published 28 Oct, 2019 12:00am

General News

JUI-F 'Azadi March' kicks off from Karachi

The Jamiat Ulema-e-Islam Fazl (JUI-F) led anti-government 'Azadi March' has officially kicked-off from Karachi on Sunday.

Published 28 Oct, 2019 12:00am

Business & Economy

BTW outlet opens Bahawalpur

By The Way (BTW), a growing revolutionary fashion house, opened their store in the princely state of Bahawalpur. This premier event served as an opportunity for the people of Bahawalpur to view the trendy and contemporary collection and experience fashion

Updated 28 Oct, 2019 05:54am

Business & Economy

Tanoli elected GPCCI SVP

Saleem Khan Tanoli elected as Senior Vice President of German Pakistan Chamber of Commerce & Industry (GPCCI). Saleem Khan Tanoli is the CEO of FAKT Exhibitions (Pvt.) Ltd., he is also the Chairman Central Standing Committee on International Relations of

Updated 28 Oct, 2019 05:54am

Energy

First Shale gas, oil well to be drilled in December

The Oil and Gas Development Company Limited (OGDCL) has planned to start drilling activities in potential areas of Sindh in December this year for exploration of Shale gas and oil deposits identified almost five years ago, which would also help determine

Updated 28 Oct, 2019 07:30am

Taxes

Punjab government to unify collections of provincial taxes: minister

Punjab Finance Minister Makhdoom Hashim Jawan Bakhat has said the government is making efforts for unification of taxes and harmonization in revenue collection in all four provinces while clarifications would be made on the tax related litigations and GST

Updated 28 Oct, 2019 07:31am

General News

Self-determination for Kashmiris: OIC officials, Saudi diplomat voice strong support

OIC officials and a top Saudi diplomat voiced strong support for the Kashmiri people in their struggle for their UN-pledged right to self-determination at a special event held in New York to mark the 72nd anniversary of India's massive invasion and occupa

Published 28 Oct, 2019 12:00am

General News

Unesco, BNU join hands on 'Pakistan's Creative Future'

Beaconhouse National University (BNU) is set to commence its first ever five-day start-up and accelerator creative business training programmes from Oct 27. The programmes are being offered under the Pakistan's Creative Future project in partnership with

Published 28 Oct, 2019 12:00am

General News

Six-member team to participate in 'OIC Robotics Challenge' event

Six-member Pakistani team has arrived in Tashkent, Uzbekistan for participating in the first `OIC Robotics Challenge' (ORC) which is being held within the framework of INNOWEEK of the government of Uzbekistan from October 27-31. From Pakistan, Ali Raza fr

Published 28 Oct, 2019 12:00am

General News

Buzdar felicitates Hindu community on Dewali

Chief Minister Punjab Sardar Usman Buzdar while felicitating Hindu community on the eve of Dewali festival said that we equally participate in the festivities of Hindu community. Participation in each others celebrations increases love, brotherhood and to

Published 28 Oct, 2019 12:00am

Business & Economy

Workshop on 'hospitality & tourism' industry held

The Tourism Corporation Khyber Pakhtunkhwa (TCKP) in collaboration with the Sizzler Training Institute for Hotelling and Restaurants organised a one-day training workshop on hospitality and tourism industry for the staff of hotels and restaurants in Malak

Updated 28 Oct, 2019 06:05am

General News

Saudi envoy, Chaudhry brothers discuss Sharif family, Azadi March?

Saudi Arabia's Ambassador to Pakistan Nawaf bin Said Al-Malki on Sunday held a low-key meeting with Speaker Punjab Assembly Chaudhry Pervez Elahi and Chaudhry Shujaat Hussain amidst reports that issues concerning the Sharif family and JUI-F'S sit-in were

Published 28 Oct, 2019 12:00am

Cotton & Textile

WEEKLY COTTON REVIEW: Rate soars to Rs 9,500 per maund

The rate of cotton reached Rs 9500 per maund which is highest during the current season. Senate Standing Committee proposes imposition of cotton emergency in the country keeping in mind the drastic decrease in the production of cotton. Committee directed

Updated 28 Oct, 2019 07:41am

Business & Economy

AGP detects irregularities worth Rs 7.44 billion in KP PSEs

The Auditor General of Pakistan (AGP) has detected a large number irregularities of Rs7.441bn in accounts of public sector enterprises (PSEs) of Khyber Pakhtunkhwa including 42 cases of the provision of funds, wasteful expenditure on a rest house, and del

Published 28 Oct, 2019 12:00am

General News

Renowned Naat Khawan Yousaf Memon passes away

Renowned Naat Khawan Alhaj Yousaf Memon has passed away in Karachi at 60 after suffering from prolonged ailment of breathing complications. Relatives told media that Memon's funeral prayers will be offered tomorrow (Monday) after Namaz-e-Zuhr in Pahari Ma

Published 28 Oct, 2019 12:00am

General News

Bilawal celebrates Diwali with Hindu, Sikh communities

Pakistan People's Party (PPP) chairman Bilawal Bhutto-Zardari on Sunday joined the Hindu and Sikh community of Kashmore district in celebrating Diwali. "Had the pleasure of spending Diwali with the Sikh & Hindu community today in Kashmore. Wishing all tho

Published 28 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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