News Archives for Print - 2019-12-16

Print - 2019-12-16

Articles

Human development in Pakistan

The Global Human Development Report (GHDR) of the UNDP was released recently in Islamabad. This report constructs a Human Development Index (HDI) for 189 countries. This ranking of countries has emerged as a key measure of the level of development in rela

Updated 17 Dec, 2019 09:24am

Rates

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (December 9 to 13, 2019).

Published 16 Dec, 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 16 Dec, 2019 12:00am

The Weather

The weather report on Sunday (December 15, 2019) and the forecast for Monday (December 16, 2019).

Published 16 Dec, 2019 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 16 Dec, 2019 12:00am

Cricket

Australia thrash New Zealand in first Test

Australia recorded one of their biggest wins over New Zealand on the fourth day of the first Test at Perth Stadium on Sunday. Having trailed by 250 runs on the first innings the Kiwis were set a mammoth 468 to win - which would have been a record chase in

Published 16 Dec, 2019 12:00am

Other

Momota wins 11th badminton title

World number one Kento Momota fought back from a game down to win a record 11th title of the year on Sunday with victory at the BWF World Tour Finals. The peerless Japanese player defeated Indonesia's Anthony Ginting 17-21, 21-17, 21-14 in 87 high-quality

Published 16 Dec, 2019 12:00am

Other

Thailand's Janewattananond wins Indonesian Masters title

Thailand's Jazz Janewattananond stormed to a five-shot victory at the $750,000 Indonesian Masters on Sunday, cementing his credentials as a rising star on the Asian circuit. The 24-year-old, who finished number two at the Royale Jakarta Golf Club last yea

Published 16 Dec, 2019 12:00am

Cricket

Abid achieves record in historic Pakistan's Test

Opener Abid Ali became the only batsman to score hundreds on both Test and One-day debuts as Pakistan's first home match in the long form of the game since the 2009 attack on the visiting Sri Lanka team ended in a tame draw against the same opponents Sund

Published 16 Dec, 2019 12:00am

Other

Tokyo unveils heat-busting stadium, seven months before Olympics

Tokyo formally unveiled its 60,000-seater main Olympic Stadium Sunday, more than seven months before the 2020 Opening Ceremony - with a host of special features to beat the feared heat. Built on the site of the former national stadium used for the 1964 To

Updated 16 Dec, 2019 11:47pm

Cricket

Hetmyer, Hope power West Indies to huge ODI win over India

Centuries from Shimron Hetmyer and Shai Hope powered West Indies to an eight-wicket win over India after chasing down a target of 288 in the first one-day international on Sunday.

Updated 16 Dec, 2019 11:47pm

Football

Ronaldo double puts Juventus on top

Cristiano Ronaldo scored twice as Juventus bounced back from their first defeat of the season to beat Udinese 3-1 and move top of Serie A on Sunday. Ronaldo struck twice in the first half to make it five goals in four games as champions Juve move one poin

Updated 16 Dec, 2019 11:47pm

Cricket

Pakistan women cricket team need consistency in performance: analysts

Pakistan national women cricket team's journey in the ICC Women's Championship 2017-20 culminated in the Bismah Maroof-led side breaking into the top-four of the eight-team tournament standings with their third ODI against England women getting washed-out

Updated 16 Dec, 2019 11:47pm

AI's deployment must be subject to tough regulations: report

Artificial intelligence appears to be "widening inequality," and its deployment should be subject to tough regulations and limits, especially for sensitive technologies such as facial recognition, a research report said Thursday.

Published 16 Dec, 2019 12:00am

Twitter plans to build 'decentralised standard' for social networks

Twitter Inc plans to set up an independent research group to create an "open and decentralized" system for social networks, CEO Jack Dorsey said on Wednesday, which could relieve pressure on the company to appease critics of its content policies but also

Published 16 Dec, 2019 12:00am

Netflix tests cheaper, yearly subscription plan in India

Netflix Inc is testing longer subscription plans in India as it looks to attract more users in a highly competitive market where smartphone and internet usage is soaring.

Published 16 Dec, 2019 12:00am

Women want in as internet revolution creeps into Chad

The internet revolution is coming - old news in much of the world but not in Chad, a tech laggard where women languish at the very back of the line when it comes to connectivity. With just 6.5% of the population online, Chad has the 6th lowest rate of in

Published 16 Dec, 2019 12:00am

Researchers criticise AI software that predicts emotions

A prominent group of researchers alarmed by the harmful social effects of artificial intelligence called Thursday for a ban on automated analysis of facial expressions in hiring and other major decisions.

Published 16 Dec, 2019 12:00am

Scientists to harness the sun to break down plastic

Scientists said on Wednesday they have come up with an environmentally-friendly method that uses artificial sunlight to transform plastic into power-generating chemicals, as countries worldwide battle to reduce waste.

Published 16 Dec, 2019 12:00am

Scientists devise 'lifespan clock'

An Australian research team say they have come up with a "lifespan clock" which provides accurate maximum age estimates for vertebrates, a key variable in the study of both living and extinct animals.

Published 16 Dec, 2019 12:00am

Early cholesterol treatment lowers heart disease risk

Treating younger people with high cholesterol levels may help reduce their risk of heart attack or stroke in later life, a major study showed Wednesday.

Published 16 Dec, 2019 12:00am

Growth in global carbon emissions slowed in 2019

A surprise drop in coal use in the United States and Europe has helped to slow the growth of global carbon dioxide emissions this year, with softening demand in China and India also contributing, according to a study published on Wednesday.

Published 16 Dec, 2019 12:00am

Scientists home in on potential treatments for deadly Nipah virus

Scientists working on how to combat a highly infectious and deadly virus called Nipah, which is transmitted to humans from bats and pigs, say they have found around a dozen potential drugs that might be developed to block the disease.

Published 16 Dec, 2019 12:00am

Global Business Economy

Tesco leaves Asia with a full cart Clara Ferreira-Marques

Tesco is heading to the checkout lane in Southeast Asia at the right time. Britain's biggest grocer says it is considering a sale of its businesses in Thailand and Malaysia.

Published 16 Dec, 2019 12:00am

Money & Banking

HSBC Swiss unit to pay $192 million in latest US tax evasion deal

The Swiss private banking unit of HSBC Holdings Plc will pay $192.4 million to resolve a US probe of its role in helping wealthy Americans evade taxes by using undeclared Swiss bank accounts, the US Department of Justice said on Tuesday.

Published 16 Dec, 2019 12:00am

IT & Computers

Oracle misses revenue estimates

Oracle Corp fell short of quarterly revenue estimates on Thursday as growth in its cloud services failed to counter declines in its traditional licensing business, and the company's chairman said it had no plans to hire a new co-CEO.

Published 16 Dec, 2019 12:00am

Stocks

China's private firms face record default risk, to stay high in 2020: Fitch

China's private companies have defaulted at a record rate this year and could face similar pressures in 2020, rating agency Fitch said on Tuesday, highlighting significant corporate debt risks as economic growth slows to near 30-year lows.

Published 16 Dec, 2019 12:00am

Money & Banking

Credit Suisse to stop financing new coal-fired power plants

Credit Suisse will stop financing the development of new coal-fired power plants, Switzerland's second-biggest bank said, a week after environmental groups urged it to act.

Published 16 Dec, 2019 12:00am

Money & Banking

SMFG aims to expand into brokerage, consumer finance in Asia: CEO

Japan's Sumitomo Mitsui Financial Group Inc (SMFG) plans to expand into brokerage and consumer finance banking businesses in Asia to offset the impact of slow economic growth at home, its chief executive told Reuters.

Published 16 Dec, 2019 12:00am

Money & Banking

ING working on digital assets custody technology

Dutch bank ING is working on developing technology to help clients safely store digital assets, according to people familiar with the matter. The custody project, which is being run out of Amsterdam, is still in its early days and is one of the bank's sev

Published 16 Dec, 2019 12:00am

Stocks

Nomura aims for more sustainable Wall Street role

Nomura's topsy-turvy history of trying to build a successful US investment bank has made it the butt of rivals' jokes. Now the Japanese group is taking another stab, buying renewable-energy boutique Greentech Capital Advisors. There's reason to think Nomu

Published 16 Dec, 2019 12:00am

Money & Banking

Credit Suisse lowers profit targets as investment bank heads into the red

A year after completing a major restructuring, Credit Suisse's Chief Executive Tidjane Thiam has cut the Swiss bank's profitability targets for this year and next, blaming a drop in deal making, negative interest rates and global trade tensions for the cl

Published 16 Dec, 2019 12:00am

Global Business Economy

AB InBev's $11 billion Aussie asset sale to Asahi hits hurdle

Anheuser-Busch InBev's $11 billion asset sale to Japan's Asahi could hurt competition in Australia's cider sector and may also do the same for beer, the country's competition regulator warned on Thursday.

Published 16 Dec, 2019 12:00am

IT & Computers

Samsung to invest an extra $8 billion in China chip plant

Samsung Electronics will increase investment at its chip factory in China by $8 billion to boost production of NAND flash memory chips, Chinese media reported on Tuesday. The South Korean group's investment comes as the memory market is expected to reboun

Published 16 Dec, 2019 12:00am

Global Business Economy

Egypt expands financing for distressed tourism companies

Egypt's central bank is increasing its financing package to help distressed tourism companies and investors to 50 billion Egyptian pounds ($3.1 billion) from the current 5 billion pounds, it said on Sunday.

Published 16 Dec, 2019 12:00am

Energy

Oman sells $1bn stake in electricity company to Chinese buyer

Oman's state-owned Electricity Holding Company, also known as Nama, has sold a 49% stake in Oman Electricity Transmission Co. to State Grid Corporation of China, raising around $1 billion, Mansoor Al Hinai, a Nama spokesman, said on Sunday.

Published 16 Dec, 2019 12:00am

Global Business Economy

China's BAIC raising Daimler stake to unseat Geely

Daimler's main China joint venture partner BAIC Group has set in motion a plan to double its stake to around 10% and win a board seat in the German luxury car maker, as it aims to upstage rival Geely, two sources told Reuters.

Published 16 Dec, 2019 12:00am

Energy

Trans Mountain oil pipeline faces latest legal challenge in Canada court

The Canadian government-owned Trans Mountain oil pipeline expansion faces its latest legal hurdle in a federal court this week as indigenous groups appeal the pipeline's expansion, arguing the government did not adequately consult them before approving it

Published 16 Dec, 2019 12:00am

Global Business Economy

California governor rejects troubled utility's bankruptcy plan

California's governor has rejected a plan by the state's largest utility to emerge from bankruptcy, which included a $13.5 billion payout for victims of a series of wildfires blamed on the company's faulty equipment.

Published 16 Dec, 2019 12:00am

Global Business Economy

US-China trade deal 'totally done,' will expand US exports: Lighthizer

The "phase one" US-China trade deal will nearly double US exports to China over the next two years and is "totally done" despite the need for translation and revisions to its text, US Trade Representative Robert Lighthizer said on Sunday.

Published 16 Dec, 2019 12:00am

Global Business Economy

Saudi unemployment dips to 12 percent in Q3

Unemployment among Saudi Arabian citizens fell to 12% in the third quarter of 2019 from 12.3% in the previous quarter, moving further away from a record high of 12.9% in 2018, official figures released on Sunday showed.

Published 16 Dec, 2019 12:00am

Telecommunication

Telenor says Huawei will still play role in 5G rollout

Telenor reiterated on Sunday Huawei would be involved in building Norway's 5G network along with Ericsson, one of several companies to continue working with the Chinese company despite US pressure. Still, on Friday, the head of Telenor Norway, Petter-Boer

Published 16 Dec, 2019 12:00am

Telecommunication

Chinese borrowers drown in online lending's 'bottomless pit'

Telecoms engineer Peng Jiezhao's taste for new smartphones and expensive sneakers seemed like a harmless, if expensive, hobby - until he started borrowing money from Chinese online lending sites to feed it.

Published 16 Dec, 2019 12:00am

Global Business Economy

German union calls for pre-Christmas Amazon strike

Trade union Verdi called for workers at a key Amazon logistics centre in Germany to go on strike over the crucial final shopping days before Christmas, demanding better pay and conditions for workers there.

Published 16 Dec, 2019 12:00am

Global Business Economy

South Africa's businesses marooned by rolling blackouts

As if choreographed by a puppet master, stores along the aisle of a Johannesburg mall hurriedly shut their doors one by one as soon as power outages strike slap-bang in the middle of the day. "We have to close the store immediately because people can stea

Published 16 Dec, 2019 12:00am

Stocks

Wall Street week ahead: Trade deal removes major hurdle for rally in Apple and tech

US President Donald Trump's limited trade deal with China removes a major hurdle for Apple and other technology stocks that have already surged this year to record highs.

Published 16 Dec, 2019 12:00am

Money & Banking

Brazil's XP to boost banking unit after IPO; shares pop in US debut

Shares of XP Inc, Brazil's largest digital broker, closed up more than 25% in their Nasdaq debut on Wednesday, and the company said it will use the $1 billion proceeds from the stock offering to boost its banking unit.

Published 16 Dec, 2019 12:00am

Money & Banking

Egypt's new sovereign fund cherry-picks assets to lure investors

Egypt's newly formed sovereign wealth fund plans to take control of some of the government's most promising assets in industries such as power and real estate, to bring in private investors to develop them, its chief executive said.

Published 16 Dec, 2019 12:00am

Commodities

Elliott-backed Triple Flag scraps IPO

Triple Flag Precious Metals Corp on Wednesday became the latest private equity-backed venture to scrap a planned stock market launch, citing lackluster demand from investors in a year already dominated by several high-profile failures.

Published 16 Dec, 2019 12:00am

Global Business Economy

With hashes and hedges, power-hungry crypto miners court investors

The old image of bitcoin miners is of young techies in their bedrooms, hunched over laptops that solve maths puzzles to earn new coins. Now they're more likely to be savvy startups with ultra-high-speed chips and massive, power-guzzling machines.

Published 16 Dec, 2019 12:00am

Money & Banking

JPMorgan warns of rise in emerging market sovereign distressed debt

More emerging countries will be hit by debt woes in 2020, curbing the returns for the JPMorgan index of dollar-denominated sovereign bonds, the bank's head of emerging markets research said, last week.

Published 16 Dec, 2019 12:00am

Money & Banking

Cyprus tops list of EU states falling short on market abuse rules

Cyprus fared worst in a "peer review" of national regulators in the European Union for failing to fully comply with rules to stamp out abuses in markets, the bloc's securities watchdog said on Thursday. Cyprus was the only EU member state found to be non-

Published 16 Dec, 2019 12:00am

Energy

Aramco gains aid Saudi; other Gulf bourses quiet

Oil giant Aramco helped carry the Saudi stock market higher on Sunday, as it extended gains for the third day, while other major Gulf indexes were little changed. Saudi's benchmark index rebounded 0.6%, with Saudi Aramco closing up 1.6% at 37.4 riyals.

Published 16 Dec, 2019 12:00am

Money & Banking

China's bitcoin miners scoop up greater production power

China's bitcoin miners now control two-thirds of the crypto network's processing power, research showed on Wednesday, a growing share that is likely to benefit the country's miners.

Published 16 Dec, 2019 12:00am

Money & Banking

Electronic Swiss franc? Not so fast

The Swiss government took a downbeat view of creating a central bank digital currency for public use, saying it could do more harm than good and destabilise the financial system.

Published 16 Dec, 2019 12:00am

Tensions mount over French transport strike

Tensions between the French government and unions opposed to pension reforms mounted on the 11th day of a crippling transport strike Sunday, with the prime minister warning the French would not tolerate being stranded at Christmas.

Published 16 Dec, 2019 12:00am

French New Wave icon Anna Karina dies at 79

Danish-French actress Anna Karina, muse of New Wave director Jean-Luc Godard, has died of cancer at the age of 79, her agent told AFP on Sunday. Karina, who epitomised Sixties chic with her elfin features and big kohl-rimmed blue eyes, starred in seven fi

Published 16 Dec, 2019 12:00am

24 killed in DR Congo gold mine collapse

Twenty-four people were killed when a landslide engulfed a gold mine in DR Congo's eastern Ituri province after days of torrential rain battered the region, an official said Sunday. "Our teams on the ground .. have pulled out 24 bodies and saved two peopl

Published 16 Dec, 2019 12:00am

Child killed as quake strikes Philippines

A powerful earthquake hit the southern Philippine island of Mindanao on Sunday, killing a child, injuring dozens and damaging buildings in an area still recovering from a string of deadly quakes in October.

Published 16 Dec, 2019 12:00am

Cuba reluctant to cut ties with US, says top official

Cuba is bracing for the possibility of the United States breaking off diplomatic ties but will seek to maintain them nonetheless, Havana's top diplomat in charge of relations with Washington told AFP.

Published 16 Dec, 2019 12:00am

Libya closes Egypt embassy citing 'security' reasons

Libya's embassy in Egypt was closed indefinitely from Sunday, the mission said on its Facebook page citing security concerns. "The embassy of Libya in Cairo. suspended its work due to security reasons starting Sunday and until further notice," a statement

Published 16 Dec, 2019 12:00am

Global Business Economy

Brazil opens trade centre in Israel

Brazil opened a trade office in occupied Jerusalem Sunday, in a ceremony attended by President Jair Bolsonaro's son and Israel's Prime Minister Benjamin Netanyahu.

Published 16 Dec, 2019 12:00am

Dozens hurt in Lebanon clashes as demonstrators dig in

Thousands protested in Lebanon's capital Sunday, while Interior Minister Raya El-Hassan ordered security forces to open a "rapid and transparent" enquiry after dozens were wounded in clashes the night before. Undaunted by the violence, demonstrators flood

Published 16 Dec, 2019 12:00am

Comey admits 'real sloppiness' in FBI Russia warrant request

Former FBI director James Comey acknowledged Sunday "real sloppiness" in the bureau's handling of a warrant to surveil a Trump campaign advisor with ties to Russia. The advisor, Carter Page, was an early focus of the national security probe that the FBI o

Published 16 Dec, 2019 12:00am

Smog forces schools shut in Iran

Air pollution forced schools to close on Sunday in parts of Iran including Tehran, as the capital lay under a thick cloud of smog considered hazardous to health. The pollution level in the capital was "unhealthy for sensitive groups" and officials warned

Published 16 Dec, 2019 12:00am

Indonesian martial art pencak silat gets UNESCO heritage status

Anwar bin Sholeh had something to cheer when he showed up at a Jakarta training centre to practice pencak silat - the Indonesian martial art was added to UNESCO's prestigious heritage list.

Published 16 Dec, 2019 12:00am

Turkey to sign off on military pledge to Libya

Turkey moved closer to military support for Libya's internationally recognised government late on Saturday when a bilateral deal that provides for a quick reaction force if requested by Tripoli was sent to parliament.

Published 16 Dec, 2019 12:00am

Brief Recordings

Pakistan Oilfields Limited (POL)

A subsidiary of the Attock Oil Company Limited (AOC) and a key player in the local E&P oil and gas sector, Pakistan Oilfields Limited (PSX: POL) is primarily engaged in the exploration, drilling and production of crude oil and gas in the country. After it

Updated 16 Dec, 2019 06:24am

Parents' Day ceremony held at Navy Cadet College Petaro

58th Parents' Day Ceremony was held at Cadet College Petaro.Chief of the Naval Staff, Admiral Zafar Mahmood Abbasi, graced the occasion as Chief Guest. While addressing the gathering, Chief of the Naval Staff extended felicitations to the prize winners an

Published 16 Dec, 2019 12:00am

Business & Economy

Traders reject increase in properties' rents

Local traders on Sunday strongly protested against unprecedented and increase in properties rents by City District government and demanded of the government to immediate withdraw the hike, otherwise they will launch protest campaign across the province.

Published 16 Dec, 2019 12:00am

Nationwide drive against polio begins today

A nationwide campaign against polio will be launched today (Monday) and polio drops are going to be administered around 40 million children below five years of age in next three days. Over 260,000 health workers will take part in polio vaccinate campaign

Published 16 Dec, 2019 12:00am

Prices of essential kitchen items witness mixed trend

Mixed trend in prices essential kitchen items, including vegetable, pulses, live chicken/meat, eggs, fruits, sugar and flour was witnessed in local market, according to a survey conducted by Business Recorder here on Sunday.

Published 16 Dec, 2019 12:00am

Business & Economy

Punjab governor optimistic about extension in GSP Plus status

Terming his recent visit to the Europe as 'highly positive and timely', Governor Punjab Chaudhry Mohammad Sarwar has expressed optimism that Pakistan will get extension which would be a great success of Pakistan on economic front and also good news for th

Published 16 Dec, 2019 12:00am

QWP pays tribute to martyrs of APS mayhem

Qaumi Watan Party (QWP) chairman Aftab Ahmad Khan Sherpao on Sunday paid tributes to the martyrs of the Army Public School (APS) attack on the occasion of the fifth anniversary of the gruesome incident. In a statement issued from Watan Kor, he recalled th

Published 16 Dec, 2019 12:00am

Muslims in Assam, IOK just one step away from extermination: US expert

An internationally acclaimed expert on genocide has grimly warned that Muslims in the Indian state of Assam and occupied Kashmir are just one step away from extermination, as he drew parallels between Narendra Modi's government and Germany under the Nazis

Published 16 Dec, 2019 12:00am

Business & Economy

WCCI, Smeda hold skill training for women entrepreneurs

Women Chamber of Commerce and Industry in collaboration with Small and Medium Enterprises Development (SMEDA) under its National Business Development Program organized a skill training workshop for women entrepreneurs belonging to Peshawar and erstwhile F

Published 16 Dec, 2019 12:00am

Cotton & Textile

COTTON WEEKLY REVIEW: Prices remain stable

The prices of cotton remained stable over all. There is uncertainty in the international market due to the contradictory statements of American President Donald Trump on "trade war". It looks that hard times of local textile industry is going to be over w

Published 16 Dec, 2019 12:00am

Punjab CM takes notice of various incidents

Chief Minister Punjab Sardar Usman Buzdar by taking notice of firing incident at the house of retired army man in the premises of Kakrali Police Station Gujrat and also sought a report from RPO Gujranwala. He further directed to take stern legal action ag

Published 16 Dec, 2019 12:00am

Agriculture department for reclaiming of water-logging hit land

The Agriculture department said that special attention has focused on reclamation of water-logging and salinity hit land in different district of the Punjab.

Published 16 Dec, 2019 12:00am

'Bachaa Party' opens in Multan

In addition to its retail presence in Karachi and Lahore, the Pakistan's biggest one stop shop for kids brings the party to Multan, launching its first Multan store at Gulgasht Avenue.

Published 16 Dec, 2019 12:00am

Cultivation of oilseed crops to be promoted in Punjab

Punjab Agriculture department is taking up a well knitted project costing more than Rs5 billion for the promotion of oilseed crops cultivation like sunflower, canola and sesame across the Punjab.

Published 16 Dec, 2019 12:00am

Rawalpindi's EPD lacks air quality monitors

Punjab Environmental Protection Department (EPD) Rawalpindi has no air quality monitors to gauge pollution in the garrison city of over 1.8 million populations with increasing number of automobiles, urbanization and settlements spoiling the ecology.

Published 16 Dec, 2019 12:00am

Energy

KE asks Sindh government to clear dues

K-Electric has urged the Sindh Chief Minister Syed Murad Ali Shah for support in expediting the release of outstanding dues of different departments of Government of Sindh which what the power company claimed have increased up to Rs19.2 billion.

Published 16 Dec, 2019 12:00am

Masses real source of power: Bilawal

Pakistan Peoples' Party (PPP) chairman Bilawal Bhutto Zardari on Sunday said that masses are the real source of power and his party cannot tolerate injustice to the people. Addressing party's workers convention in Quetta on Sunday, he said that the Bhutto

Published 16 Dec, 2019 12:00am

Firdous terms Murad 'Puppet CM'

Special Assistant to Prime Minister on Information Dr Firdous Ashiq Awan on Sunday dubbed Syed Murad Ali Shah a 'puppet chief minister'. Addressing the oath-taking ceremony of newly elected office bearers of Hafizabad Press Club at Hafizabad, Dr Firdous t

Published 16 Dec, 2019 12:00am

Wrong parking creates hurdles in smooth flow of traffic: CTO

Chief Traffic Officer (CTO) Muhammad Bin Ashraf said wrong parking was creating hurdles in smooth flow of traffic and asked wardens and field officers to take strict action against wrong parking doers.

Published 16 Dec, 2019 12:00am

Country to achieve bumper wheat crop this season

Owing to multiple factors that includes government initiatives to enhance the output of major crops, favourable weather conditions and timely harvesting of seasonal crops, country was expecting to harvest bumper wheat crop of 27 million tonnes during curr

Published 16 Dec, 2019 12:00am

Taxes

962 smuggled mobiles seized in Peshawar

The Customs Intelligence and Investigation Department on Sunday successfully seized 962 illegal smuggled mobiles worth of millions of rupees from armed persons during an operation in Rind Road Peshawar. According to details, armed men, carrying illegal mo

Published 16 Dec, 2019 12:00am

Genuine grievances of party workers: Buzdar vows to visit every district of Punjab

Presidents of three regions of PTI and general secretaries under the leadership of Chief Organizer Saifullah Niazi called on Punjab Chief Minister Usman Buzdar at his office on Sunday to discuss matters pertaining to make the ruling party more vibrant and

Published 16 Dec, 2019 12:00am

Business & Economy

KP Mineral department: AGP detects irregularities worth Rs 364.128 million

The Auditor General of Pakistan (AGP) has detected three cases of the illegal operation, unauthorized sale and wasteful expenditure to the tone of Rs364.128 million in the accounts of the Mines and Mineral Development Department of Khyber Pakhtunkhwa duri

Published 16 Dec, 2019 12:00am

PMYAP to launch 'National Youth Pulse Portal' for youth

Prime Minister Youth Affairs Programme (PMYAP) has planned to launch 'National Youth Pulse Portal' a new project to provide employment opportunity to unemployed and certified skilled youth.

Published 16 Dec, 2019 12:00am

Sindh government seeks NGOs' support for educating children: Saeed

Sindh Information, Archives and Labour Minister Saeed Ghani has sought the assistance of bona fide charitable organizations to provide education to children of every laborer in the province as the provincial government will soon adopt the concept of unive

Published 16 Dec, 2019 12:00am

Salim Baryaar meets Elahi

Pakistan Muslim League (PML) Punjab Senior Vice-President Ch Salim Baryaar called on Speaker Punjab Assembly Ch Parvez Elahi at his residence here on Sunday. During the meeting, views were exchanged about prevailing political situation of the country and

Published 16 Dec, 2019 12:00am

Business & Economy

'Majority of KP trade bodies support BMP in FPCCI polls'

Majority of the chambers of commerce and traders' associations of Khyber Pakhtunkhwa has extended support to the Businessmen Panel (BMP) for the upcoming annual elections of the Federation of Chamber and Commerce and Industry (FPCCI) here the other day.

Published 16 Dec, 2019 12:00am

Anti-polio campaign begins today at CHJ

The next anti-polio campaign has been inaugurated at Children Hospital Jhang(CHJ) road which would be continued from December 16 to 20. Divisional Commissioner Ishrat Ali, Deputy Commissioner Muhammad Ali, Parliamentarians Faizullah Kamoka, Sh Khurram She

Published 16 Dec, 2019 12:00am

Buzdar pays tribute to martyrs of APS

Chief Minister Punjab Sardar Usman Buzdar in his message, on the occasion of fifth anniversary of martyrs of Army Public School (APS) Peshawar, has said that students and teachers of APS laid down their precious lives for the sake of attaining great objec

Published 16 Dec, 2019 12:00am

Minister reviews arrangements of anti polio drive in Faisalabad

Punjab Minister for Excise & Taxation Hafiz Mumtaz Ahmad has said that the anti polio campaign required deep attention and utmost responsibility to complete eradicate the polio virus from the country. He was presiding over a meeting at Commissioner Office

Published 16 Dec, 2019 12:00am

APS tragedy: speaker terms 16th December 2014 a black day in country's history

Speaker National Assembly Asad Qaiser has said that 16th December, 2014 was a black day in Pakistan's history. He stated that this day is unforgettable for the tragedy that befell in Pakistan and the collective pain and grief that afflicted to this nation

Published 16 Dec, 2019 12:00am

Bilawal pays rich tributes to martyrs of APS

Chairman Pakistan Peoples Party Bilawal Bhutto Zardari paid rich tribute to the innocent martyrs of Army Public School (APS), Peshawar on the 5th anniversary of the tragic attack that led to the deaths off 132 students at the hands of terrorists.

Published 16 Dec, 2019 12:00am

Business & Economy

Chinese expert terms metro train a boon for Pakistan's economy

The first ever mass rapid transit train in Lahore will help Pakistan to better address its growing demand for public transportation, a Chinese expert said. The Orange Line Metro Train was put through its first test run last week after the completion of th

Published 16 Dec, 2019 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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