News Archives for Print - 2019-11-25

Print - 2019-11-25

Dasu hydropower project: Wapda inks Rs52.5bn contract with Chinese firm

Water and Power Development Authority (Wapda) Monday signed a contract worth Rs52.5 billion as a joint venture of GE Hydro China and Power China Zhongnan Engineering Corporation for electro-mechanical works of Dasu Hydropower Project (stage-I).

Updated 26 Nov, 2019 04:49am

Johnson promises 'sensible' tax cuts

British Prime Minister Boris Johnson promised on Sunday "to get Brexit done", with his Conservative Party making an election pledge to bring his deal to leave the European Union back to parliament before Christmas.

Published 25 Nov, 2019 12:00am

Saudi Aramco markets IPO in Dubai after approaching Kuwait fund

Saudi Aramco met investors in Dubai on Sunday to market its initial public offering (IPO), after trying to secure demand from Kuwait's sovereign wealth fund for the deal, worth up to $25.6 billion, which relies heavily on local and regional buyers.

Published 25 Nov, 2019 12:00am

PM identifies major economic challenges

While acknowledging unemployment and inflation as major challenges, Prime Minister Imran Khan has sought a comprehensive and effective strategy in coordination with the provincial governments to lessen their impacts.

Published 25 Nov, 2019 12:00am

Commerce Division decides to participate in Abu Dhabi Expo

Taking a u-turn, Commerce Division has decided to participate in Expo 2020 Abu Dhabi on turnkey basis subsequent to the commitment of funds from donors' and fearing that withdrawal from Expo will have negative effects on bilateral relations between the tw

Published 25 Nov, 2019 12:00am

TAPI pipeline: government likely to renegotiate gas price

Pakistan is likely to renegotiate gas price of much talked- about Turkmenistan- Afghanistan- Pakistan-India (TAPI) pipeline with M/s Turkmengaz, well informed sources told Business Recorder. For this purpose, an inter-ministerial committee is to be

Published 25 Nov, 2019 12:00am

Stocks

Futures spread up by 59,727 basis points

The futures spread increased by massive 59727bps to 17.97 per cent on the last day of the outgoing week. Trading activities on the futures counter slightly improved as average daily turnover increased by 7.1 percent to 97.21 million shares as compared to

Published 25 Nov, 2019 12:00am

Stocks

Mixed trend witnessed

Pakistan Stock Exchange witnessed mixed trend during the outgoing week ended on November 22, 2019. BRIndex100 gained 32.44 points on week-on-week basis to close at 3,979.20 points. Average daily trading volumes stood at 284.637 million shares.

Published 25 Nov, 2019 12:00am

Proposed regulatory regime for stock brokers: SECP extends consultation period till November 27

The Securities and Exchange Commission of Pakistan (SECP) has extended the consultation period till November 27 on recently proposed regulatory regime for stock brokers that aims at revitalizing the capital market and expansion of investor base.

Published 25 Nov, 2019 12:00am

Modaraba sector: SECP to introduce new regulatory framework

In order to monitor investment/transactions in the Modaraba sector, the Securities and Exchange Commission of Pakistan (SECP) has decided to introduce new regulatory framework by imposing minimum conditions on Modaraba for providing finance to their custo

Published 25 Nov, 2019 12:00am

Money & Banking

THE RUPEE: Two-way trade

The rupee showed mixed trend against the dollar on the local currency market during the ended on Nov 23, 2019. The rupee gained six paisas against the dollar for buying and selling at Rs 155.28 and Rs 155.32 respectively, they said.

Published 25 Nov, 2019 12:00am

PML-N disputes CPEC loan figure

Pakistan Muslim League-Nawaz (PML-N) senior politician Ahsan Iqbal on Sunday revealed that the total loan volume granted by China for the China-Pakistan Economic Corridor (CPEC) was USD 5.8 billion and not USD 18 billion.

Published 25 Nov, 2019 12:00am

Pope urges abolition of nuclear weapons

Pope Francis brought his campaign to abolish nuclear weapons to the only two cities ever hit by atomic bombs on Sunday, calling their possession indefensibly perverse and immoral and their use a crime against mankind and nature.

Published 25 Nov, 2019 12:00am

Taliban attack leaves eight Afghan security forces dead, district threatened

At least eight Afghan security forces, including seven policemen and one army soldier, were killed after Taliban fighters attacked security outposts in a central province, officials said on Sunday.

Published 25 Nov, 2019 12:00am

Foreign national killed as UN vehicle hit in Kabul blast

A foreign national was killed and at least five other people wounded in a grenade attack on a United Nations vehicle in Kabul on Sunday, an Afghan official said.

Published 25 Nov, 2019 12:00am

Protests drive record 70 percent poll turnout in Hong Kong

Hong Kong's voters turned out in unprecedented numbers Sunday for local council elections that the city's pro-democracy movement hopes will pile pressure on the Beijing-backed government to listen to their demands after months of violent protest.

Published 25 Nov, 2019 12:00am

Iran vows to punish 'mercenaries' behind street violence

Iran vowed Sunday to severely punish "mercenaries" arrested over nationwide street unrest sparked by a fuel price hike, as much of the country came back online after a week-long internet blackout.

Published 25 Nov, 2019 12:00am

Razak for increasing exports, decreasing imports

Advisor to Prime Minister for Commerce and Textile Abdul Razak Dawood has said that the government is making effective policies to increase export and decrease import for the economic stability of the country through offering lucrative incentives to indus

Published 25 Nov, 2019 12:00am

Plane crashes into homes in east DR Congo city, killing 26

At least 26 people were killed Sunday when a small plane crashed after takeoff into a house in a densely populated area of the city of Goma in eastern Democratic Republic of Congo.

Published 25 Nov, 2019 12:00am

Bloomberg enters 2020 Democratic presidential race

Billionaire businessman Michael Bloomberg, the former mayor of New York City, jumped into the US presidential race on Sunday, adding another moderate voice to a crowded field of Democratic contenders seeking to face Republican President Donald Trump in th

Published 25 Nov, 2019 12:00am

Transportation to Afghanistan: expired Indian sugar declared unfit

Some 265 containers of sugar which were imported from India for their transportation to Afghanistan under transit trade were declared unfit for human consumption after their laboratory tests here.

Published 25 Nov, 2019 12:00am

UAE to host European-led mission to monitor Gulf waters

A European-led maritime mission to monitor Gulf waters will be stationed at the French naval base in Abu Dhabi, the French defence minister said Sunday, amid regional tensions with Iran.

Published 25 Nov, 2019 12:00am

Thousands in Brussels protest violence against women

Around 10,000 people took part in a protest march in Brussels on Sunday calling for an end to violence against women, police said, a day after similar demonstrations in France and Italy. The protesters in the Belgian capital paid homage to women killed by

Published 25 Nov, 2019 12:00am

Kamyab Jawan Program: PM constitutes 13-member steering committee

Prime Minister Imran Khan has constituted a 13-member Steering Committee for Kamyab Jawan Program being run under the Prime Minister's Youth Affairs initiatives. Prime Minister as head will chair the committee.

Published 25 Nov, 2019 12:00am

Letters

Action against newspaper stalls

The joint Karachi police and Karachi Metropolitan Corporation (KMC) action against newspaper hawkers and their stalls needs to be condemned as reports say that Karachi police ransacked and demolished newspaper stalls in various areas of Karachi and the of

Updated 25 Nov, 2019 11:11am

Articles

Catalysing change for gender equality

Great strides have been taken to empower women and girls in the Asia-Pacific region since the Fourth World Conference on Women in Beijing adopted an ambitious global agenda to achieve gender equality twenty-five years ago.Gender parity has been achieved i

Updated 25 Nov, 2019 11:50am

Articles

100 days of imprisonment

100 days and running. In fact, stampeding. Kashmir remains under siege. Kashmir remains a civilization shutdown. Kashmir remains a land with no laws. Kashmir remains in news but with such stale familiarity of the state of oppression that futility is in da

Updated 25 Nov, 2019 11:15am

Articles

Good or bad news on state of economy

Prime Minister Imran Khan has repeatedly appreciated the efforts of his economic team, led by Dr Hafeez Sheikh his Advisor on Finance and Dr Reza Baqir, Governor State Bank of Pakistan (SBP); more recently he gloated about the current account surplus, to

Updated 25 Nov, 2019 10:52am

Letters

Action against newspaper stalls

Updated 25 Nov, 2019 08:49am

Articles

Catalysing change for gender equality

Updated 25 Nov, 2019 07:17am

Articles

100 days of imprisonment

Updated 25 Nov, 2019 06:59am

Articles

Good or bad news on state of economy

Updated 25 Nov, 2019 05:42am

Polio resurgence

In its latest report to the Global Polio Eradication Initiative, International Monitoring Board (IMB) makes a deeply distressing assessment of the polio eradication programme's progress in this country. "Pakistan has reported more than 80 percent of the t

Updated 25 Nov, 2019 06:21am

A prudent approach

As anticipated by this newspaper, the Monetary Policy Committee (MPC) of the State Bank in its meeting held on 22nd November, 2019 again opted to keep the policy rate unchanged at 13.25 percent per annum for the next two months. It has justified its decis

Updated 25 Nov, 2019 06:27am

Kashmir issue: Fakhar urges opposition not to give controversial statements

Chairman Kashmir Committee Syed Fakhar Imam Sunday urged the opposition parties to avoid any controversial statement over the Kashmir issue as the incumbent government was striving to resolve the issue at the earliest.

Published 25 Nov, 2019 12:00am

Business & Economy

ICCI briefs diplomats about investment prospects

Pakistan was situated at a strategic location in the region providing easy access to some big markets and was destined to become hub of business and economic activities, therefore, it was the right time that foreign investors should explore Pakistan for j

Published 25 Nov, 2019 12:00am

Business & Economy

Foreign companies' interest in fairs manifests country's economic turnaround: Soomro

Federal Minister for Privatization, Muhammad Mian Soomro on Sunday said that participation and interest shown by large number of foreign companies in various trade exhibitions in Pakistan to enter in joint venture with the local traders is a clear manifes

Published 25 Nov, 2019 12:00am

FIA arrests 59 Pakistanis deported from Turkey

The Federal Investigation Agency (FIA) has arrested 59 Pakistanis, deported from Turkey, at Sialkot airport on Sunday. According to the FIA, the accused had been sent behind the bars after registering cases against them. Officials said further investigati

Published 25 Nov, 2019 12:00am

Energy

Sindh's CNG stations to remain closed for three days

All Sindh CNG Association has announced that CNG stations will remain closed during a week starting from today (November 25). According to the Coordinator of All Pakistan CNG association Sindh Shoeb Khan, all CNG stations in Sindh will remain closed for t

Published 25 Nov, 2019 12:00am

Mufti Muneeb criticises Sindh government for passing Hindu marriage law

Chairman, Ruet-e-Hilal Committee Pakistan Mufti Muneebur Rehman took the Sindh government hard over passing Hindu marriage law; that there was no example in the world making restrictions to embrace the Islam under the age of eighteen by any non-Muslim.

Published 25 Nov, 2019 12:00am

Business & Economy

Ali Zaidi to address 31st session of IMO Assembly

Minster for Maritime Affairs Syed Haider Ali Zaidi will address the 31st session of International Maritime Organization (IMO) Assembly as a guest Speaker and highlight the country's priorities and achievements in Maritime sector. The 31st session of IMO w

Published 25 Nov, 2019 12:00am

Business & Economy

Richard Quest to speak at AdAsia Lahore

The world renowned CNN anchor Richard Quest will be a key note speaker at AdAsia 2019 being held at Lahore from December 2-5 this year. Quest is CNN's foremost international business correspondent and presenter of Quest Means Business, the 5 times weekly

Published 25 Nov, 2019 12:00am

Business & Economy

KP plans 9 mega projects worth Rs 5.120 billion for merged districts

The Khyber Pakhtunkhwa has planned nine mega projects worth Rs 5.120 billion for promotion of tourism, sports, culture and youth development in merged districts of erstwhile Fata during fiscal year 2019-20.

Published 25 Nov, 2019 12:00am

Cotton & Textile

Ready-made garments' export rises by 12 percent in current FY's four months

The exports of ready-made garments during first four months of current fiscal year grew by 12 percent as compared to the exports of the corresponding period of last year.

Published 25 Nov, 2019 12:00am

Cotton & Textile

WEEKLY COTTON REVIEW: bearish trends observed in market

The rate of quality cotton remained stable while there was almost no buyer of inferior quality cotton. Ginners were nervous. Over all bearish trends was seen in the market. Indian textile was facing heavy financial crunch. Local textile sector can come ou

Published 25 Nov, 2019 12:00am

Google doodle's 'creative' tribute for Parveen Shakir

Legendary poetess Parveen Shakir was remembered on her 67th birthday anniversary across the country yesterday (Nov 24), where Google also celebrates the birthday of the great Pakistani Urdu poet with an enchanting doodle. Parveen Shakir was born on 24 Nov

Published 25 Nov, 2019 12:00am

Commodities

Prices of essential kitchen items witness upward trend

Prices of important kitchen items, like pulses, vegetable, fruits, flour, ghee, sugar have witnessed upward trend in local market, according to survey conducted by Business Recorder here on Sunday. The survey noticed that price of good quality rice

Published 25 Nov, 2019 12:00am

Commodities

Tunnel farming gains popularity among farmers

Tunnel farming technology for vegetable production has gained the popularity among the small growers and farmers in Punjab. Sources in Agriculture department told Business Recorder on Sunday that tunnel farming was being carried out over 16101 acre

Published 25 Nov, 2019 12:00am

LG system to empower people at the grass roots: PM

Prime Minister Imran Khan said on Sunday the incumbent government is going to introduce a local government system that will empower people at the gross-root level. Khan said for the first time in four years the current account deficit has become surplus.

Published 25 Nov, 2019 12:00am

PTI utterly fails to meet public expectations: Kamal

Pak Sarzameen Party (PSP) Chairman Syed Mustafa Kamal on Sunday said Pakistan is going through a constitutional crisis as the PTI-led Federal government seems utterly failed to meet the public expectations.

Published 25 Nov, 2019 12:00am

Commodities

PFA seals 20 units of khoya, desi ghee

The Punjab Food Authority (PFA) has closed down 20 manufacturing units of Desi Ghee and Khoya products while sharing the screening results of sampling here on Sunday. These units were sealed on account of adulteration and sub-standard operations. Meanwhil

Published 25 Nov, 2019 12:00am

JI chief terms PM's remarks about Nawaz's health 'inappropriate'

Chief of Jamaat-e-Islami Senator Sirajul Haq has declared the prime minister remarks about the health of Nawaz Sharif as inappropriate, saying the comments itself raise questions on mental health of the PTI chairman.

Published 25 Nov, 2019 12:00am

Commodities

'Higher' urea prices: another 'match' likely between Razak, fertilizer industry tomorrow

Another 'match' is expected between Prime Minister's Adviser on Commerce, Industries and Production and Investment Abdul Razak Dawood and the powerful domestic fertilizer industry on "higher" urea prices at a meeting of Fertilizer Review Committee (FRC) o

Published 25 Nov, 2019 12:00am

Punjab government to establish VAWC: Buzdar

To eradicate violence against women from society, Punjab Chief Minister Usman Buzdar has announced to replicate "Violence Against Women Centres" in all districts of the province through which the violence-stricken women would be able to get free-of-cost s

Published 25 Nov, 2019 12:00am

Business & Economy

Classic car rally begins journey from Khyber to Karachi

The 10th annual vintage and classic car Rally 2019, which commenced its journey from Khyber to Karachi on Sunday warmly welcomed in Peshawar. The rally will head to Islamabad from Peshawar to reach its final destination, Karachi on November 29.

Published 25 Nov, 2019 12:00am

Air pollution aggravates in Punjab

The air pollution in Punjab had aggravated after dry and cloudy weather with open garbage burning in Lahore and other major districts with poor air quality left uncontrolled.

Published 25 Nov, 2019 12:00am

Brief Recordings

An interview with Dr Sania Nishtar 'We are embedding welfare policies into every ministry's work'

Dr. Sania Nishtar is Special Assistant to the Prime Minister on Social Protection. She is also the Chairperson of the Benazir Income Support Program and the Poverty Alleviation Coordination Council. Dr. Nishtar is responsible for administering Ehsaas, an

Updated 25 Nov, 2019 06:22am

Six protesters killed in south Iraq as unrest intensifies

Six protesters were killed Sunday in Iraq's south where angry demonstrations turned up the heat on a paralysed government facing the country's largest grassroots movement in decades.

Updated 25 Nov, 2019 08:10am

Egyptian police arrest three journalists in news site raid

Three Egyptian news editors from local news outlet Mada Masr have been referred for prosecution after plainclothes police raided its office on Sunday, the site said.

Updated 25 Nov, 2019 07:55am

Israel first democracy to expel HWR staffer: director

Israel is set to become the first democracy to expel a Human Rights Watch employee, its executive director Ken Roth said Sunday, denouncing the upcoming deportation of one of his staffers.

Published 25 Nov, 2019 12:00am

Erdogan to visit Qatar today

Turkish President Recep Tayyip Erdogan will visit Qatar on Monday for discussions on Middle East issues, as the two countries have grown closer since the Saudi-led blockade of the small Gulf state.

Updated 25 Nov, 2019 08:10am

US urges social media platforms to block Iran officials

The US State Department on Saturday called on Facebook, Instagram and Twitter to suspend the accounts of Iranian government leaders until Tehran re-establishes internet coverage throughout the riot-torn country. The government imposed a near-total Interne

Published 25 Nov, 2019 12:00am

Duterte strips critic of drug war post

Philippine President Rodrigo Duterte fired Vice President and arch-critic Leni Robredo from her post as overseer of his deadly drug war on Sunday, an aide said, just days after calling her a "scatterbrain" not to be trusted with state secrets.

Updated 25 Nov, 2019 08:20am

Deadly rainstorms sweep southern France, northern Italy

At least two people were dead and two missing Sunday after torrential rains swept across southeast France and northern Italy this weekend.

Published 25 Nov, 2019 12:00am

US Navy defies Trump, proceeds in effort to expel SEAL

The US Navy will proceed in its effort to oust a member of its elite SEAL commando unit, an official said Saturday, defying the wishes of President Donald Trump. Edward Gallagher had been accused of war crimes in a high-profile case but was found guilty o

Updated 25 Nov, 2019 08:18am

K-pop star Goo Hara found dead at her home

K-pop star Goo Hara was found dead at her home on Sunday, South Korean police confirmed.

Published 25 Nov, 2019 12:00am

Bodies of 7 migrants on capsized boat found off Italy

Rescue authorities found the bodies of seven migrants, including five women, after their boat capsized off the Italian island of Lampedusa, coastguard officials said Sunday.

Published 25 Nov, 2019 12:00am

Greek PM sets up migrant child protection scheme

Greek Prime Minister Kyriakos Mitsotakis on Sunday announced a new scheme to protect unaccompanied migrant minors reaching the country, two days after condemning other EU states for their lack of solidarity.

Published 25 Nov, 2019 12:00am

Stocks

Sudan's bourse maps out expansion plans amid uncertainty

In the small basement of a two-storey building next to Khartoum's central bus station, around 40 smartly dressed men and women gather around terminals for an hour a day with one eye on the future of Sudan's fledgling financial market. The stock exchange w

Published 25 Nov, 2019 12:00am

Stocks

Equities back in favour for sovereign investors in third quarter

Sovereign wealth funds regained their appetite for equities in the third quarter, piling into passively managed stocks in the United States and equities in mainland China and elsewhere, according to eVestment data.

Published 25 Nov, 2019 12:00am

Stocks

EU to crack down on asset managers in 2020

Market watchdogs in the European Union will launch coordinated checks next year on whether asset managers are flouting liquidity rules after the shuttered Woodford fund in Britain has raised questions, a top EU regulator said on Friday. Steven Maijoor, ch

Published 25 Nov, 2019 12:00am

Stocks

Saudi index falls with most Gulf markets subdued

The Saudi Arabian stock market snapped a five-day rising streak on Sunday with lenders taking a breather after riding high on a lending boom related to Saudi Aramco's public listing. Other markets in the region were mostly lower as concerns surrounding gl

Published 25 Nov, 2019 12:00am

Money & Banking

Central Europe's forex gets boost from eurozone PMI

Central Europe's currencies mostly edged higher on Friday, boosted by eurozone manufacturing data and renewed efforts in the US-China trade dispute, although Hungary's forint underperformed and remained near record lows. In Romania, the leu firmed going i

Published 25 Nov, 2019 12:00am

Stocks

Investors win big in French lottery operator's IPO

Investors cheered a strong market debut Thursday for shares in France's state-owned lottery monopoly, an IPO the government hopes will create support for further privatisations and bolster President Emmanuel Macron's ambitious economic reforms. The govern

Published 25 Nov, 2019 12:00am

Stocks

Dollar to stay mighty for another six months at least

The dollar's persistent and confounding strength will continue well into next year, and even if a partial US-China trade deal is signed it will at most knock the currency by 1-2% in the immediate aftermath, a Reuters poll found.

Published 25 Nov, 2019 12:00am

Stocks

Home Credit drops Hong Kong IPO as valuation falls short

Home Credit, controlled by the Czech Republic's richest businessman Petr Kellner, on Thursday dropped plans for a Hong Kong listing seen valued at around $1 billion after the consumer lender struggled to achieve its hoped-for valuation. The biggest market

Published 25 Nov, 2019 12:00am

Stocks

Wall Street week ahead: Conditions may be set for Santa Claus rally

A year after the US stock market plunged, many investors believe conditions are in place to avoid another year-end pullback and possibly set the stage for a rally to finish off 2019.

Published 25 Nov, 2019 12:00am

Global Business Economy

Boeing announces new MAX orders as grounding crisis drags on

Boeing's 737 MAX got a boost on Tuesday with confirmation of new orders for the still-grounded plane, but a fresh lawsuit connected to the development of the troubled aircraft poses another challenge for the company.

Published 25 Nov, 2019 12:00am

Money & Banking

European banks face large capital shortfall with Basel III rules: study

European banks could need as much as 400 billion euros ($442 billion) in capital to comply with new rules aimed at making the global financial system better able to bear potential losses, a study commissioned by the European Union's banking lobby showed.

Published 25 Nov, 2019 12:00am

Energy

Exxon steps up assets sales with sweeping $25 billion plan

Exxon Mobil is accelerating its biggest asset sales in decades with plans to divest up to $25 billion of oil and gas fields in Europe, Asia and Africa as it sharpens its focus on a handful of mega projects at home and abroad, banking sources said.

Published 25 Nov, 2019 12:00am

Global Business Economy

Emirates announces $16 billion order for 50 Airbus A350 planes

Dubai state-owned airline Emirates said on Monday it had placed a firm order for 50 Airbus A350 jets worth $16 billion at list prices. "Together with the A380, the A350 will give us more capacity and flexibility. We will be able to expand to new markets w

Published 25 Nov, 2019 12:00am

Global Business Economy

Sanofi's strategy boss to leave as CEO readies revamp

Sanofi's most senior strategy boss is set to leave by the end of the month, according to a memo seen by Reuters, in the first major management change under new chief executive Paul Hudson as he shakes up the firm's priorities.

Updated 25 Nov, 2019 08:19am

Global Business Economy

Fiat Chrysler brushes off GM lawsuit, sees Peugeot deal by year end

Fiat Chrysler (FCA) on Thursday brushed off a shock lawsuit from General Motors (GM) and said it was confident of reaching a binding merger deal with Peugeot owner PSA Group by the end of this year to create the world's fourth largest carmaker.

Updated 25 Nov, 2019 09:12am

Energy

ConocoPhillips targets $50 billion free cash flow over next decade

ConocoPhillips unveiled a long-term plan on Tuesday to boost oil and gas production by about 3% per year, restrain annual spending to about $7 billion and return $50 billion to shareholders over the next decade.

Published 25 Nov, 2019 12:00am

Global Business Economy

Chinese airlines turn to Asia as long-haul losses pile up

Chinese airlines are adding seats on short- and mid-range Asian flights in a strategic shift away from prestigious but loss-making North American routes to a market that promises better returns and growth.

Updated 25 Nov, 2019 09:12am

WHO sounds alarm on Ebola due to Congo insecurity

About 360 people are at potential risk of Ebola after contact with an infected person in eastern Congo yet many of them are out of reach due to clashes and insecurity, the World Health Organization said on Friday.

Updated 25 Nov, 2019 09:12am

'Manmade noise a major global pollutant'

It is well known that human hubbub can have a negative impact on some animals, but a new study on Wednesday says the noise we make should be treated as a "major global pollutant".

Published 25 Nov, 2019 12:00am

Diets with more fiber, yogurt tied to lower risk of lung cancer

Even among smokers, people who eat more fiber and yogurt may be less likely to develop lung cancer than those who don't consume much of these foods, a research review suggests.

Published 25 Nov, 2019 12:00am

Obese teens' quality of life improves after weight loss surgery

Obese teens who have surgery to lose weight report better quality of life, less joint pain and fewer physical limitations after their operations than before, a new study suggests.

Published 25 Nov, 2019 12:00am

Poor hand hygiene may be biggest transmitter of superbug E.coli

One of the best ways to cut down on antibiotic-resistant E. coli infections would be making sure that everyone washes their hands after using the toilet, a UK study suggests.

Updated 26 Nov, 2019 05:31pm

Telecommunication

For Americans, mobile devices top for news: survey

Americans rely on their mobile devices for online news far more than desktop or laptop computers, building on a trend that began several years ago, a survey showed Wednesday.

Published 25 Nov, 2019 12:00am

IT & Computers

Xerox holds firm on HP offer, sets today as deadline

Xerox said Thursday it was holding firm on its $33 billion takeover offer for computer and printer maker HP, and warned it would take the matter to shareholders directly without a deal by Monday.

Published 25 Nov, 2019 12:00am

IT & Computers

Google enters battle for cloud gaming market

Ever-expanding Google becomes a gaming company Tuesday with the launch of its Stadia cloud service that lets people play console-quality video games on a web browser or smartphone.

Published 25 Nov, 2019 12:00am

IT & Computers

Google, Facebook business models threat to rights: Amnesty

The data-collection business model fueling Facebook and Google represents a threat to human rights around the world, Amnesty International said in a report Wednesday.

Published 25 Nov, 2019 12:00am

Other

Spain on the brink of Davis Cup triumph

Rafael Nadal could clinch the Davis Cup for Spain after Roberto Bautista Agut gave the hosts the lead in the final against Canada on Sunday by beating Felix Auger-Aliassime. Bautista Agut returned after withdrawing on Thursday following the death of his f

Published 25 Nov, 2019 12:00am

Cricket

India crush Bangladesh in day-night Test

Paceman Umesh Yadav claimed five wickets as India thrashed Bangladesh in just over two days of their first day-night Test to sweep the series 2-0 on Sunday. Bangladesh were bowled out for 195 in less than an hour of the first session on day three in Kolka

Published 25 Nov, 2019 12:00am

Other

Famous foreign wrestlers to compete in Karachi event

The Pro Wrestling Federation of Pakistan (PWFP) and Dreamworld Resort have joined hands once more to organize another high profile wrestling extravaganza at Dreamworld Resort on December 21, 2019. Hailed as the biggest event in Pakistan's Pro Wrestling hi

Published 25 Nov, 2019 12:00am

Cricket

Babar ton in vain as Australia win first Test

Australia went one up in their two-Test series against Pakistan when they won the first Test by an innings and five runs at the Gabba in Brisbane on Sunday. After beginning their second innings 340 runs behind Australia and then losing three cheap wickets

Published 25 Nov, 2019 12:00am

Other

Al Hilal clinch record-equalling Asian title

Salem Al-Dawsari and Bafetimbi Gomis were the heroes as Saudi Arabia's Al Hilal beat Urawa Red Diamonds 2-0 on Sunday and 3-0 on aggregate to claim a record-equalling third Asian club title in the AFC Champions League.

Published 25 Nov, 2019 12:00am

Cricket

Watling hits double ton as New Zealand take control

England were battling for survival after Mitchell Santner took three cheap wickets following a match-turning double century by BJ Watling in the first Test against New Zealand on Sunday. After New Zealand declared at 615 for nine on day four in Mount Maun

Published 25 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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