News Archives for Print - 2019-11-04

Print - 2019-11-04

Brief Recordings

'Emphasis on primary healthcare services missing from public sector' An interview with Rafiq Rangoonwala, Trustee SINA

SINA is a not-for-profit organization dedicated towards providing affordable access to quality primary healthcare in urban slums of Karachi since 1998. Rafiq Rangoonwala is one of the trustees of the organization. He is also the President of Pakistan Food

Updated 04 Nov, 2019 06:25am

External debt sustainability: Indicators show Deterioration

Pakistan's external debt sustainability indicators are showing deterioration in debt bearing capacity due to higher external debt and liabilities to GDP ratio.

Published 04 Nov, 2019 12:00am

JUI-F decides to convene APC today

Jamiat Ulema Islam Fazl (JUI-F) has decided to convene an all-party conference today (Monday) of the opposition political parties to chalk out future course of action jointly against the PTI government, as government has plainly rejected the two key deman

Published 04 Nov, 2019 12:00am

Government ready to discuss all issues with opposition: Firdous

Government on Sunday made clear to Jamaat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman that it is open to dialogue over all political issues but 'it would not allow anyone to besiege the state of Pakistan with force'.

Published 04 Nov, 2019 12:00am

Other

Trump booed at UFC fight night in New York

President Donald Trump was loudly booed on Saturday for the second time in a week at a sporting event as he attended a UFC fight in New York.

Published 04 Nov, 2019 12:00am

Giving 'NRO' equivalent to treason: PM

Prime Minister Imran Khan on Sunday ruled out possibility of giving any relief to the opposition leadership in the ongoing accountability and insisted that giving an "NRO" to them will 'amount to treachery with the country'.

Published 04 Nov, 2019 12:00am

Fazl plays it prudently, cautiously

Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman on Sunday insisted that "military should determine that it will not have any role in future elections and remain within its constitution boundaries", as he announced that future course of actio

Published 04 Nov, 2019 12:00am

Stocks

Futures spread up by 269bps

The futures spread increased by 269bps to negative 8.69 percent on the last day of the outgoing week. Trading activities on the futures counter remained thin as average daily volumes decreased by 50.5 percent to 67.81 million shares as compared to previou

Updated 04 Nov, 2019 06:48am

Stocks

Positive trend witnessed

Pakistan Stock Exchange witnessed positive trend during the outgoing week ended on November 1, 2019 on the back of healthy buying in various sectors.

Updated 04 Nov, 2019 06:48am

Saudi Aramco kick-starts what could be world's biggest IPO

Saudi Arabia's giant state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to float on the domestic bourse in what could be the world's biggest listing as the kingdom seeks to diversify its economy aw

Published 04 Nov, 2019 12:00am

Money & Banking

Rising trend

The rupee appreciated modestly in terms of the dollar on the money market during the week, ended on Nov 2, 2019.

Updated 04 Nov, 2019 06:49am

Ghee/cooking oil prices: Consumers likely to get 'relief'

The government and ghee manufacturers are near a deal for extending "relief" of up to Rs 30 per kg on premium brands of ghee/cooking oil to the inflation-hit consumers across Pakistan.

Published 04 Nov, 2019 12:00am

Pakistan rejects political map of India

Pakistan rejected the political maps of India, seeking to depict parts of Gilgit-Baltistan and Azad Jammu and Kashmir within the territorial jurisdiction of India in complete violation of the relevant United Nations Security Council resolutions.

Published 04 Nov, 2019 12:00am

Pakistan embassy in Kabul closes visa section amid tensions

Pakistan's embassy in Kabul said Sunday it was indefinitely closing its consular office in the Afghan capital due to security reasons, amid mounting tensions between the neighbouring countries.

Published 04 Nov, 2019 12:00am

Letters

The smog challenge

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No content from Business Recorder shall be reproduced, published, broadcast, rewritten for broadcast or publication, or redistributed directly or indir

Published 04 Nov, 2019 12:00am

Articles

China gets into blockchain race with US

China has launched an ambitious effort to challenge the US dominance in blockchain technology, which it could use for everything from issuing digital money, to streamlining a raft of government services and tracking Communist Party loyalty.

Published 04 Nov, 2019 12:00am

Articles

Dark and darker in Kashmir

Cut off. Clamped down. Caged. These are the words to describe the world's largest human prison. 27th October 1947 was commemorated as the Black Day in Indian Occupied Kashmir. 27th October 2019 will go down as darkness unprecedented in Kashmir. This is no

Published 04 Nov, 2019 12:00am

Articles

State-owned entities

State-owned entities (SOEs) continue to be a source of serious concern to not only the Khan administration, like its predecessors, but also to international financial institutions engaged in Pakistan through programme/budget support and/or project financi

Updated 04 Nov, 2019 10:43am

Institutions' role

Chief of the Jamiat-i-Ulema-i-Islam-Fazl (JUI-F) Maulana Fazlur Rehman, apparently immensely encouraged by the size of the rally in H-9 Islamabad on November 1, 2019 and bolstered by the presence on stage of the Pakistan People's Party (PPP) and Pakistan

Updated 04 Nov, 2019 06:34am

Cotton 'SOS'

It may not be any exaggeration to say that the economy of Pakistan revolves around cotton and its products to a great extent. Unfortunately, however, the farming community of the country has been unable to enhance per acre yields and the quality of cotton

Updated 04 Nov, 2019 06:34am

FBR reforms to create liquidity issues

The recently-released State Bank of Pakistan (SBP) annual report states that structural reforms introduced by the Federal Board of Revenue (FBR) for documenting business currently operating outside the income tax net (though they are paying across the boa

Updated 04 Nov, 2019 06:34am

Kashmir issue: Modi taking steps against Indian constitution: Fakhar

Chairman Kashmir Committee, Syed Fakhar Imam said on Sunday that Indian Prime Minister, Narendra Modi was going against his country's constitution on Kashmir issue as stripping of its special status on August 5, was unwise and unjust decision.

Published 04 Nov, 2019 12:00am

Over 2,400 Pakistani prisoners freed from Saudi Arabia, UAE

More than 2,400 Pakistani prisoners, languishing in jails of Saudi Arabia and the United Arab Emirates (UAE), have been released during the last one year due to efforts of Pakistan Tehreek-e-Insaf (PTI) government.

Published 04 Nov, 2019 12:00am

Punjab government changes name of 'patwari' post to 'village officer'

Punjab Chief Minister Usman Buzdar has approved to give the designation of Village Officers to "Patwaris" by promoting them to grade-14.

Published 04 Nov, 2019 12:00am

Business & Economy

EFU General bags 14th Consumers Choice Award 2019

EFU General has been conferred with the 14th Consumers Choice Award 2019 in the category of Best General Insurance Company of Pakistan. Altaf Qamruddin Gokal, Chief Financial Officer received this award. The Consumers Association of Pakistan (CAP) organiz

Published 04 Nov, 2019 12:00am

Energy

SNGPL detects gas theft amounting to Rs 374 million

The anti-theft Task Force teams of the Sui Northern Gas Pipeline Limited (SNGPL) Peshawar along with the officers of district administration, personnel of FIA Peshawar and local Police conducted raids in various districts of Khyber Pakhtunkhwa.

Published 04 Nov, 2019 12:00am

Energy

FY 2015-16: AGP detects Rs 6.196 billion loss in KP Energy & Power Dept's accounts

The Auditor General of Pakistan (AGP) has detected a loss of Rs6.196 billion in the Energy and Power Department of Khyber Pakhtunkhwa in eight different cases during financial year 2015-16, according to Audit Report on the accounts of Khyber Pakhtunkhwa c

Updated 04 Nov, 2019 06:51am

Father, son killed over personal conflict

A father and his son were killed over personal conflict with the relatives in the Quaidabad area of the city, police said on Sunday.

Published 04 Nov, 2019 12:00am

PM praises govt over completion of Kartarpur Corridor in record time

Prime Minister Imran Khan Sunday congratulated his government over the construction of the Kartarpur Corridor in record time ahead of the 550th birthday celebrations of founder of Sikh religion Baba Guru Nanak.

Published 04 Nov, 2019 12:00am

Tribute paid to Sayid Ghulam Mustafa Shah

A glaring tribute was paid to renowned scholar of Sindh Sayid Ghulam Mustafa Shah on his 100th birth anniversary at the Arts Council of Pakistan Karachi.

Published 04 Nov, 2019 12:00am

Telecommunication

Huawei pushes 5G in SEAsia, brushing off 'tech war' with US

Chinese phone giant Huawei said Sunday it was ready to roll out 5G infrastructure across Southeast Asia, dismissing US warnings its tech could be used to hoover up data for Beijing.

Published 04 Nov, 2019 12:00am

Nation won't allow JUI-F chief to use religious card: Firdous

Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan on Sunday has said that the nation is well aware of Jamiat Ulema-e-Islam-Fazl (JUI-F) Chief Maulana Fazlur Rehman's tactics.

Published 04 Nov, 2019 12:00am

Business & Economy

Trade bodies express reservations over process of SMEDA CEO hiring

Business community has expressed strong reservations over the selection process for the post of Chief Executive Officer (CEO), Small and Medium Enterprises Development Authority (SMEDA) sans private sector representation on the Board of Directors (BoD) of

Published 04 Nov, 2019 12:00am

Prices of essential food items rise sharply

Prices of essential commodities, including vegetable, pulses, flour, live chicken, fruits, sugar have risen sharply in retail market, according to survey conducted by Business Recorder here on Sunday.

Published 04 Nov, 2019 12:00am

PM takes notice of flour shortage in KP: minister

Minister for Information Khyber Pakhtunkhwa Shaukat Ali Yousafzai Sunday said that Prime Minister Imran Khan has taken notice of the shortage of flour and directed federal government for distribution of demanding flour to other provinces. In a statement i

Published 04 Nov, 2019 12:00am

Business & Economy

PGCA voices concern over 'harassment' by customs authorities

Peshawar Goods Carriers' Association has demanded of the federal government and particularly the chairman Federal Board of Revenue (FBR) to take notice of the unjustified harassment of the good carriers by the customs authorities.

Published 04 Nov, 2019 12:00am

Articles

Sarfaraz Ahmed: Captaincy obituary

Sarfaraz Ahmed's stint as captain has come to an end and it is highly probable that the same can be said for his international career. While the Pakistan team under a new management setup is occupied with the ongoing tour of Australia, Sarfaraz has been l

Updated 05 Nov, 2019 12:20pm

Emergency chain-pull levers not installed in new railway coaches

Railway passengers have complained that emergency chain-pull levers in new coaches purchased by the Pakistan Railways are not been installed at prominent places.

Published 04 Nov, 2019 12:00am

Cotton & Textile

COTTON REVIEW: Rate increases by Rs 200 to Rs 300

The rate of cotton increased by Rs 200 to Rs 300. The rate of Prime Mark and Balochi cotton has reached Rs 10,000 per maund which is at highest level in nine years. The rate of good quality Phutti reached at the highest level of Rs 5000 per 40 kg. Up till

Updated 04 Nov, 2019 06:51am

Money & Banking

UBL president & CEO awarded honorary doctorate by Kingston University

Sima Kamil, President & CEO UBL was recently conferred with the prestigious honorary degree of 'Doctor of the University Honoris Causa' by the Kingston University in London. The doctorate was awarded at the graduation ceremony of the Faculty of Business a

Updated 04 Nov, 2019 06:53am

Business & Economy

Abu Dhabi's Expo 2020: PM expresses unwillingness to approve $50 million participation cost

Pakistan is likely to withdraw its participation in Abu Dhabi's Expo 2020 reportedly due to financial constraints and the Prime Minister has expressed his unwillingness to approve around $ 50 million participation cost of this event, well informed sources

Published 04 Nov, 2019 12:00am

Pakistan summons Afghan diplomat

Pakistan summoned top Afghan diplomat on Sunday and conveyed to him serious concerns over the safety and security of Pakistani diplomatic personnel of the country's embassy in Kabul and its sub-missions.

Published 04 Nov, 2019 12:00am

Energy

First private LNG shipment may arrive by month end

The first private shipment, carrying around 130,000 cubic meter Liquefied Natural Gas (LNG), is likely to arrive at Karachi by end of the current month, Chief Executive Officer of Universal Gas Distribution Company (UGDC) Ghiyas Abdullah Paracha said.

Updated 04 Nov, 2019 06:53am

Over 500 Sikh yatrees from UK to reach Lahore via PIA

PIA welcomes Sikh yatris at Lahore Airport. The first batch of more than 170 Sikh yatrees reached Allama Iqbal International Airport by PIA flight PK758 from London on Sunday.

Published 04 Nov, 2019 12:00am

Plantation on Hyderabad-Karachi Motorway: Shehzad Trade Links donates 40,000 saplings

M/s Shehzad Trade Links, Karachi has donated 40,000 plants for clean and green drive "Sarsabz-o-Shadab" Pakistan to Frontier Works Organization (FWO) for plantation on Hyderabad-Karachi Motorway.

Published 04 Nov, 2019 12:00am

Cotton & Textile

Textile export sector: 'Rs 189 billion refund claims erode financial viability'

Pending refund claims of Rs 189 billion have eroded the financial viability of textile export sector which is tantamount to butcher the only available "Golden Egg Laying Hen" in addition to expected unemployment which will trigger a new wave of lawlessnes

Published 04 Nov, 2019 12:00am

'Lahore's air quality better than of New Delhi'

Adviser to Prime Minister on Climate Change Malik Amin Aslam has said that smog is considered as one of the grave environmental problems being faced by the people across the world. The air quality index of Lahore is much better than the air quality of New

Published 04 Nov, 2019 12:00am

Articles

Partly Facetious : The meaning of word 'transition'

"Two transitionists made The Khan not so proud yesterday?"

Updated 04 Nov, 2019 07:44am

Ghee/cooking oil prices: Consumers likely to get 'relief'

The government and ghee manufacturers are near a deal for extending "relief" of up to Rs 30 per kg on premium brands of ghee/cooking oil to the inflation-hit consumers across Pakistan.

Published 04 Nov, 2019 12:00am

NPCC accused of giving preference to inefficient power plants

National Electric Power Regulatory Authority (Nepra) has accused National Power Control Centre (NPCC) of giving preference to inefficient power plants due to which the consumers are paying billions of rupees extra for purchase of power.

Published 04 Nov, 2019 12:00am

Five wounded as knife attack caps day of Hong Kong political chaos

A man went on a knife rampage in Hong Kong late Sunday leaving at least five people wounded, including a local pro-democracy politician who had his ear bitten off, capping another chaotic day of political unrest in the city.

Published 04 Nov, 2019 12:00am

Thousands protest in Lebanon after rally to support president

Thousands of Lebanese protested Sunday to keep up a nationwide street movement that has brought down the government, hours after a mass rally to support the embattled president.

Published 04 Nov, 2019 12:00am

Johnson 'sorry' for Brexit delay

British Prime Minister Boris Johnson on Sunday apologised for not taking Britain out of the European Union by October 31, while Brexit figurehead Nigel Farage said he will not stand in next month's general election.

Published 04 Nov, 2019 12:00am

Trump calls for whistleblower's unmasking

Donald Trump called Sunday for the unmasking of the anonymous whistleblower whose complaint launched the House impeachment investigation against the US president.

Published 04 Nov, 2019 12:00am

Storm Amelie pummels France with violent winds, downpours

Storm winds blasted southern France Sunday, whipping up giant ocean waves, uprooting trees and leaving some 140,000 people without electricity, authorities said. Emergency services attended hundreds of call-outs as storm Amelie brought gusts that dropped

Updated 04 Nov, 2019 08:01am

Iraq protests ramp up, shutting roads, offices and schools

Protesters in Iraq's capital and the country's south shut down streets and government offices in a new wave of civil disobedience Sunday, escalating their month-long movement demanding wholesale change of the political system.

Updated 04 Nov, 2019 08:01am

Khamenei again rules out talks with US

Iran's supreme leader on Sunday again ruled out negotiations with Washington, a day before the 40th anniversary of the hostage crisis at the US embassy in Tehran.

Published 04 Nov, 2019 12:00am

Congolese anti-Ebola fighter killed at home

A Congolese radio host involved in the fight against Ebola has been killed at his home in the northeast Ituri region of Democratic Republic of Congo, the army said Sunday.

Updated 04 Nov, 2019 08:06am

Beijing says 'ready to work' with ASEAN on South China Sea rules

Beijing said Sunday it is "ready to work" with Southeast Asian nations on a code of conduct in the flashpoint South China Sea, where it is accused of building up military installations and bullying fellow claimants.

Updated 04 Nov, 2019 08:02am

Money & Banking

Crypto-currencies and criminality: myth or reality?

The recent bust of a worldwide international paedophile ring using Bitcoin payments highlighted one of the key fears surrounding crypto-currencies - their use by criminals.

Published 04 Nov, 2019 12:00am

Money & Banking

Breaking Lebanon's FX peg could be ruinous for indebted country

Lebanon's political and banking crisis has put growing pressure on its 22-year-old currency peg to the US dollar and foreign funds fear a devaluation now could be disastrous for a country with one of the world's biggest foreign debt burdens.

Updated 04 Nov, 2019 06:59am

Stocks

Saudi stocks tumble as investors braces for Aramco IPO

Saudi's stocks suffered their biggest intraday decline since late August on Sunday as local institutions sold shares to prepare for Saudi Aramco's listing, while Dubai was dragged down by its top lender Emirates NBD.

Published 04 Nov, 2019 12:00am

Stocks

Alibaba to resume Hong Kong listing plans as soon as November

Alibaba Group Holding Ltd is eyeing a listing in Hong Kong as early as November to raise up to $15 billion, after political unrest put the move on ice earlier this year, people familiar with the matter said on Wednesday.

Published 04 Nov, 2019 12:00am

Stocks

Europe and emerging markets drive first equity fund inflows in six weeks

Global stocks funds had seen their first inflows in six weeks after the biggest European buying in over 1-1/2 years and in nine months in emerging markets, analysts at Bank of America Merrill Lynch have calculated.

Updated 04 Nov, 2019 07:01am

Stocks

Global funds prefer stocks on policy easing, bond rally

Global funds recommended an increase in equity exposure in October to obtain better returns at a time when stocks and bonds have rallied simultaneously on policy easing and monetary stimulus offered by major central banks, a Reuters poll found.

Updated 04 Nov, 2019 07:10am

Money & Banking

Zimbabwe to boost cash supply with new notes

Zimbabwe will introduce new notes and coins next month in a bid to resolve cash shortages stifling the country's ailing economy, the reserve bank said Tuesday.

Updated 04 Nov, 2019 07:11am

Stocks

Wall Street week ahead: Travel, leisure company reports set to give view of economy, consumer

A wide swath of the US travel and leisure industry is set to provide insight next week on the state of the economy, including trends in consumer spending, fallout from US-China trade tensions and any damaging impact from the stronger US dollar.

Updated 04 Nov, 2019 07:12am

Global Business Economy

In China, Macron wants to take Beijing 'at its word' on free trade

French President Emmanuel Macron will seek to make China deliver on promises to grant more access to foreign companies, eyeing agribusiness and finance, advisers said ahead of his arrival in Shanghai for a giant import fair.

Published 04 Nov, 2019 12:00am

Global Business Economy

South Korea exports fall most in four years

South Korean exports in October fell for an 11th consecutive month and by the most in nearly four years as shipments to China kept slowing and computer chip prices plunged, data showed on Friday.

Published 04 Nov, 2019 12:00am

Telecommunication

Founder of China's smartphone maker barred from planes, trains

The founder of China's smartphone maker Smartisan Technology has been barred from taking flights and high-speed railway trains due to the company's failure to comply with court rulings from a contractual dispute, a local court document showed.

Published 04 Nov, 2019 12:00am

Global Business Economy

Pay deal ends strike by UN Palestinian agency workers

An agreement was reached to end a strike in Jordan by employees of the UN agency for Palestinian refugees, hours after the walkout began Sunday, Amman's top diplomat and a trade union leader said.

Updated 04 Nov, 2019 08:08am

Global Business Economy

Airbnb bans 'party houses' after deadly US shooting

Airbnb's boss announced Saturday that the online platform, which offers private homes for rent for short periods, is banning "party houses" after a deadly shooting at a Halloween event in California.

Updated 04 Nov, 2019 08:10am

Global Business Economy

China to promote globalisation of Shanghai's financial markets

China's President Xi Jinping said on Sunday that the country will promote the globalisation of Shanghai's financial markets through the Belt and Road Initiative, and the city should strive to master the core links of the industry chains.

Updated 04 Nov, 2019 08:04am

Global Business Economy

Delta might pull out of Alitalia bid consortium

Delta Air Lines could pull out of a consortium looking to rescue Italy's Alitalia as it is unwilling to enter a possible bidding war with Lufthansa, newspaper Il Corriere della Sera reported on Sunday, citing two sources.

Updated 04 Nov, 2019 08:17am

Global Business Economy

Merkel wants Germany to have 1 million electric car charging points by 2030

Germany should have one million charging stations for electric cars by 2030, Chancellor Angela Merkel said in a video message on Sunday, ahead of meetings on Monday with the car industry on how to speed the move to low-emission battery-powered vehicles.

Published 04 Nov, 2019 12:00am

Global Business Economy

Serbia passes 2020 draft budget with small deficit

Serbia's government on Saturday passed a draft 2020 budget envisaging a deficit of 20.2 billion Serbian dinars ($192.40 million), or 0.3% of gross domestic product, below its International Monetary Fund target, the finance minister said.

Published 04 Nov, 2019 12:00am

Global Business Economy

World's biggest trade deal to be delayed to 2020

The signing of the world's largest trade pact will likely be kicked back to 2020, according to a draft statement by Southeast Asian leaders, delaying a deal craved by China as it seeks to temper the fallout from a painful tariff war with the US.

Updated 04 Nov, 2019 08:18am

Global Business Economy

Fiat Chrysler and Peugeot plan world's No 4 carmaker

Fiat Chrysler and Peugeot owner PSA plan to join forces in a 50-50 share merger to create the world's fourth-largest automaker, seeking scale to cope with costly new technologies and slowing global demand.

Published 04 Nov, 2019 12:00am

Money & Banking

HSBC unveils mandate for radical shakeup

HSBC's new interim boss deserves credit for staying positive. Even as he abandoned an important return target for 2020, Noel Quinn pointed to businesses that "held up well in a challenging environment". And though he talked about accelerating remodelling

Updated 04 Nov, 2019 07:12am

Companies

Nomura logs best quarterly profit in 17 years on stake sale

Japan's Nomura Holdings posted its strongest quarterly profit in more than 17 years, lifted by the sale of a stake in an affiliate as well as trading gains and an improved performance from its wholesale division. Net income for the country's biggest broke

Updated 04 Nov, 2019 07:14am

Companies

Panasonic profit drops 12 percent

Panasonic Corp on Thursday reported a 12 percent drop in its second-quarter operating profit as the Japanese firm was hurt by the Sino-US trade war and higher development costs related to its automotive business in Europe. Still, its September-quarter ear

Updated 04 Nov, 2019 07:15am

Money & Banking

Santander's profit hit by one-off charges for UK business

Santander on Wednesday reported a 75 percent fall in third-quarter net profit after one-off costs relating to business in Britain partially offset a solid performance in Brazil, the Spanish bank's biggest market. The euro zone's biggest lender by market v

Published 04 Nov, 2019 12:00am

Money & Banking

Profits of China's Big Five banks hold up despite lending rate squeeze

China's Big Five banks have posted stable to stronger profit growth for the third quarter, thus far defying top bankers' expectations of a difficult second half after a government push to cut lending rates. The country's central bank unveiled a key intere

Updated 04 Nov, 2019 07:16am

Money & Banking

BNP Paribas quarterly profit falls less than expected

BNP Paribas SA reported an 8.8 percent fall in quarterly profit on Thursday, a smaller decline than analysts had expected, as economic growth in France helped expand its loan book and it earned more from its investment banking business. The company's resu

Published 04 Nov, 2019 12:00am

Money & Banking

UniCredit unveils 2015 data breach involving 3 million Italian clients

UniCredit has uncovered a data breach involving the personal records of 3 million domestic clients, it said on Monday, the third security incident at Italy's top bank in recent years. The lender, which said the latest breach related to a 2015 file contain

Published 04 Nov, 2019 12:00am

'Climate change can put development goals beyond reach'

As global warming brings wilder weather, more harvest failures and the risk of growing migration and poverty, "sustainable development as we think of it today may be out of reach", a top UN specialist in climate change losses warned on Wednesday.

Updated 04 Nov, 2019 08:18am

300 million face annual coastline flooding by 2050

Coastal areas currently home to 300 million people will be vulnerable by 2050 to flooding made worse by climate change, no matter how aggressively humanity curbs carbon emissions, scientists said Tuesday.

Updated 04 Nov, 2019 08:19am

People taking blood thinners may risk danger by mixing with OTC meds

People taking blood-thinning medications often use over-the-counter (OTC) medicines with the potential to cause dangerous internal bleeding, a recent study suggests.

Updated 04 Nov, 2019 08:23am

Medicinal cannabis not proven in mental health

Evidence is weak for whether medicinal cannabis treatments can relieve mental illnesses such as anxiety, depression and psychosis, and doctors should prescribe them with great caution, researchers said on Monday.

Updated 04 Nov, 2019 08:23am

No country immune to risk of African swine fever spreading

African swine fever will spread further across Asia where it has devastated herds, and no country is immune from being hit by the deadly animal virus, the head of the World Organisation for Animal Health (OIE) said on Wednesday.

Updated 04 Nov, 2019 08:24am

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.

Published 04 Nov, 2019 12:00am

IT & Computers

Google to buy Fitbit to expand in wearable tech

Google agreed Friday to buy Fitbit for $2.1 billion in a deal giving the US tech giant a fresh entry in the wearable technology space and helping it ramp up its challenge to Apple.

Published 04 Nov, 2019 12:00am

IT & Computers

Chill your Netflix habit, climate experts say

Movie nights once required driving to the local video store to rent, rewind and return the latest blockbuster. Now on-demand video content providers offer countless binge-worthy options at the touch of a finger.

Published 04 Nov, 2019 12:00am

Telecommunication

Smartphone sales see modest rebound after two-year slump: survey

Global smartphone sales increased modestly in the third quarter, the first growth for the segment after a two-year slump, a market tracker said.

Published 04 Nov, 2019 12:00am

Telecommunication

Gender neutral emojis hit screens in new Apple update

Apple has put out new gender neutral emojis of most of its people icons - including punks, clowns and zombies - as part of an update to its mobile operating system.

Published 04 Nov, 2019 12:00am

Other

Du Toit named World Rugby player of the year

South Africa flanker Pieter-Steph du Toit was named World Rugby Player of the Year on Sunday, in a clean sweep of the main awards for the World Cup-winning Springboks.

Published 04 Nov, 2019 12:00am

Cricket

New Zealand catch England out with de Grandhomme's safe hands

The safe hands of Colin de Grandhomme proved crucial as New Zealand drew level with England 1-1 in their Twenty20 international series in Wellington on Sunday.

Published 04 Nov, 2019 12:00am

Cricket

Australia frustrated as Pakistan saved by rain in T20

Pakistan were saved by the rain Sunday as persistent showers halted a rampant Aaron Finch as Australia headed for victory in their opening Twenty20 international.

Published 04 Nov, 2019 12:00am

Other

Alvarez wins WBO light heavy title

Canelo Alvarez knocked out Sergey Kovalev with a vicious combination to win the WBO light heavyweight title on Saturday, moving up two weight classes to become a four division champion.

Published 04 Nov, 2019 12:00am

Other

Barty wins WTA Finals

World number one Ashleigh Barty spectacularly ended her jinx against defending champion Elina Svitolina to win the WTA Finals on Sunday and scoop the richest prize in tennis history.

Published 04 Nov, 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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