News Archives for Print - 2019-12-30

Print - 2019-12-30

Articles

The first IMF review

The first IMF Review on a quarterly basis has been completed of the three-year Extended Fund Facility to Pakistan. The second installment of approximately $450 million has also been received. The Government must be pleased for having met all the six perfo

Updated 01 Jan, 2020 07:56am

IMF appreciates improvements in economy

The International Monetary Fund has acknowledged that Pakistan's reform program is on track and already producing results. According to a press release of Finance Ministry Sunday, the IMF in its latest report conceded that the business climate has improve

Updated 30 Dec, 2019 07:31am

Kuwait says respects Iran's integrity after 'unauthorised' meet

Kuwait said Sunday that it respects Iran's "territorial integrity", the Gulf state's official news agency reported, a day after Tehran summoned its envoy to protest against Kuwaiti officials meeting Iranian separatists.

Published 30 Dec, 2019 12:00am

Saudi Arabia arrests dozens over 'indecency', harassment

Saudi Arabia has arrested more than 200 people for violating "public decency" - including by wearing immodest clothing - and "harassment", police said, in the first such crackdown since the ultra-conservative kingdom began easing social norms.

Published 30 Dec, 2019 12:00am

Citizens demand action against open sale of counterfeit drugs

Citizens on Sunday demanded of the quarters concerned to start massive operation against open sale of smuggled and counterfeit drugs at medical stores in different sectors of federal capital.

Published 30 Dec, 2019 12:00am

PM summons federal cabinet meeting on Tuesday

Prime Minister Imran Khan has summoned a session of the federal cabinet on December 31 (Tuesday).

Published 30 Dec, 2019 12:00am

Corporate entities: SECP mulling freezing accounts, seizing properties

The Securities and Exchange Commission of Pakistan (SECP) is planning to freeze accounts and seize documents/properties of corporate entities offering fraudulent investment and schemes, through internet/online, promising hefty profits and unrealistic ince

Published 30 Dec, 2019 12:00am

Ukraine rivals exchange 200 prisoners in controversial swap

Ukraine and Russia-backed separatists in the country's war-torn east exchanged 200 prisoners on Sunday, swapping detained fighters for civilians and servicemen held captive in some cases for years in two breakaway regions.

Published 30 Dec, 2019 12:00am

Agriculture growth likely to register decline

The country is likely to miss agriculture growth target of 3.5 percent set for the current fiscal year 2019-20, after missing sowing targets of major crops including cotton, sugarcane and wheat, official sources revealed to Business Recorder.

Published 30 Dec, 2019 12:00am

Iraq protesters lock down oil field, call strike

Iraqi anti-government protesters blockaded an oil field and rallied in southern cities Sunday while political factions remained paralysed in their attempts to form a new government.

Published 30 Dec, 2019 12:00am

Money & Banking

Futures spread down by 188bps

The futures spread declined by 188bps to 8.78 percent on the last day of the outgoing week.

Published 30 Dec, 2019 12:00am

Stocks

Equities remain volatile

Pakistan Stock Exchange remained volatile during the outgoing week ended on December 27, 2019 due to investors' lack of interest.

Published 30 Dec, 2019 12:00am

Stocks

Firmer trend witnessed

The rupee maintained firm trend against the dollar during the week, ended on Dec 28, 2019. INTER-BANK MARKET RATES: The rupee gained 11 paisas against the dollar for buying and selling at Rs 155.00 and Rs 155.05.

Published 30 Dec, 2019 12:00am

PPP criticises law

Pakistan People's Party (PPP) on Sunday came down hard on ruling Pakistan Tehreek-e-Insaf (PTI) for amending National Accountability Bureau (NAB) through a presidential ordinance, saying all the change were made to protect PTI's 'cronies' involved in corr

Published 30 Dec, 2019 12:00am

NAB ordinance no NRO: Qureshi

Foreign Minister Makhdoom Shah Mehmood Qureshi said on Sunday the National Accountability Bureau (NAB) ordinance was neither NRO nor it meant to put curtain for hiding corruption. While talking to media persons after attending Qul Khawani of the mother of

Published 30 Dec, 2019 12:00am

Government defends amended NAB law

The special assistant to the prime minister on accountability Shahzad Akbar on Sunday said that newly approved National Accountability Bureau (NAB) Amendment Ordinance 2019 does not change the laws pertaining to bail and remand.

Published 30 Dec, 2019 12:00am

Ministry yet to find out-of-box PSM solution

Ministry of Industries and Production (MoI&P) is said to have failed in finding an out of the box solution for Pakistan Steel Mills (PSM) which is inflicting Rs 1.5 billion financial loss per month to the national exchequer.

Published 30 Dec, 2019 12:00am

Letters

BJP government's sinister designs

Speaking at a public rally at Pind Daden Khan in Punjab the other day, Prime Minister Imran Khan said that Chief of Army Staff (COAS) Gen Bajwa had assured him that "Pakistan Army is ready for India" in case of an attack on Azad Jammu & Kashmir.

Published 30 Dec, 2019 12:00am

Articles

The 'lathi': India's colonial vintage anti-protest weapon

As Indian protests against a new citizenship law have intensified, so has police use of "lathis", sturdy sticks used to whack, thwack and quell dissent since British colonial times - to sometimes deadly effect. At least 27 people have died in the past two

Published 30 Dec, 2019 12:00am

Articles

A movement unstoppable?

"Those who make peaceful revolution impossible, make violent revolution inevitable", JF Kennedy. Kashmir protests have now become India protests. From Delhi to Bhopal and from Kanpur to Goa streets are full of people aghast at Modi's audacity. Modi's reac

Updated 30 Dec, 2019 06:33am

Articles

IMF's first review

The first quarterly review report of the twenty-third International Monetary Fund (IMF) programme for Pakistan was uploaded on its website on 23 December, four days after Board approval that is a requirement for a tranche release prompting Pakistan's econ

Updated 30 Dec, 2019 06:10am

PM on 'corrupt mafia'

When in the wilderness of opposition politics the PTI was a big beneficiary and a defender of media freedoms; in power it is becoming more and more intolerant of critical opinion. Not long ago, it came up with the idea of establishing special media tribun

Updated 30 Dec, 2019 06:35am

Revisions by the IMF

The International Monetary Fund (IMF) has made two revisions in the ongoing 6 billion dollar Extended Fund Facility programme, according to the Mission Chief Ernesto Ramirez Riga: (i) inflation is slightly lower than the projected 13 percent because 'some

Updated 30 Dec, 2019 06:36am

Shelter homes for poor people

Punjab Chief Minister Sardar Usman Buzdar has directed to setup temporary shelter homes for the people who sleep on the roads. Chief Minister directed the district administration to immediately setup artificial shelter homes for protecting such people fro

Published 30 Dec, 2019 12:00am

Scholars inflict loss of Rs 61.296 million on KP government

Absconder scholars have inflicted a loss of Rs.61.296 million to the provincial government of Khyber Pakhtunkhwa, said the Audit Report on the accounts of KP departments.

Published 30 Dec, 2019 12:00am

Body for ensuring timely completion of Peshawar expo centre to be formed

On recommendation of Sarhad Chamber of Commerce and Industry (SCCI), a committee, comprising high officials from Khyber Pakhtunkhwa industries department, Sarhad Chamber of Commerce and Industry and Lahore Expo Centre and other department concerned would

Published 30 Dec, 2019 12:00am

NAB will now better focus on mega corruption scandals: Firdous

Dr Firdous Ashiq Awan, special assistant to the prime minister on information and broadcasting, on Sunday defended changes in accountability law through a presidential ordinance, saying the top anti-graft body will be able to better focus on investigating

Published 30 Dec, 2019 12:00am

China-Pakistan: trade volume surges at major border port

Trade volume surged this year at a major border port between China and Pakistan. Cargo import and export reached 66,600 tonnes in the first 11 months at Khunjerab Pass in northwest China's Xinjiang Uygur Autonomous Region, up 46.8 percent from the same pe

Published 30 Dec, 2019 12:00am

Prices of kitchen items witness mixed trend

Mixed trend in prices of important kitchen items, including vegetable, pulses, sugar, flour and other was witnessed in local market, according to a survey conducted by Business Recorder here on Sunday. Live chicken/meat is being sold at Rs156 per k

Published 30 Dec, 2019 12:00am

PM asks CMs of Punjab, KP to provide shelter, food to homeless people

Prime Minister Imran Khan on Sunday directed chief ministers of Punjab and Khyber-Pakhtunkhwa to provide shelter and food to homeless people suffering from cold weather conditions.

Published 30 Dec, 2019 12:00am

Ismail blames Sindh government for gas crisis

Sindh Governor Imran Ismail on Sunday held the provincial government responsible for ongoing gas crises as it had refused to buy Liquefied Natural Gas (LNG). Talking to journalists, Imran Ismail said that he will urge the Sindh government to review its de

Published 30 Dec, 2019 12:00am

Kamal, Buzdar discuss matters of mutual interest

A delegation led by Balochistan Chief Minister Jam Kamal Khan called on Punjab Chief Minister Usman Buzdar at 90-Shahra-e-Quaid-e-Azam on Sunday and discussed matters regarding mutual interest, particularly extending cooperation between the two provinces

Published 30 Dec, 2019 12:00am

Boosting Pakistani products to China: 'Pakistan pavilion' opens in Yiwu

A 'Pakistan pavilion' was opened in Yiwu, a city located in China's Zhejiang Province to display products of Pakistani manufacturers and traders aimed at boosting imports from Pakistan particularly after the implementation of China-Pakistan Free Trade Agr

Published 30 Dec, 2019 12:00am

FPCCI polls: BMP's victory in FPCCI polls termed triumph of businessmen

Former president, Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and general secretary Businessmen Panel (BMP), Hajji Ghulam Ali has attributed the win of group in the annual elections of the apex trade body to the triumph of the business

Published 30 Dec, 2019 12:00am

ATP to protest against price hike, unemployment

The Amun Taraqqi Party (ATP) has announced on Sunday that it will hold countrywide protest against increasing price-hike and unemployment in the country. The party will also issue white paper on performance of incumbent Pakistan Tehreek I Insaf led govern

Published 30 Dec, 2019 12:00am

Democrats sweeps: KPC president's poll result withheld till January 6

Karachi Press Club's (KPC) has withheld the result of the club's presidential election till January 6 as both the candidates for the post Ahmed Khan Malik of the United Panel and Mohammad Imtiaz Khan Faran of Democratssecured the same number of votes(579)

Published 30 Dec, 2019 12:00am

'Rising global income inequality stirs migration at alarming rate'

Rising global income inequality has stirred migration at alarming rate from poor to rich countries and this continuing practice may become a potential threat to the world peace, said Engineer Ahmad Hassan chairman FCCI standing committee on Research & Dev

Published 30 Dec, 2019 12:00am

JI chief terms President House 'a factory of ordinances'

Terming President House a factory of ordinances, Jamaat-e-Islami chief Senator Sirajul Haq has called for bringing necessary amendments in NAB laws through the parliament. While addressing a press conference at Mansoora on Sunday, he accused the present r

Published 30 Dec, 2019 12:00am

Pakistan Navy holds operational commands, industrial seminars

Pakistan Navy Operational Commands Seminar- 2019 and 3rd Pakistan Navy Industrial Seminar were held here on Sunday. Chief of the Naval Staff, Admiral Zafar Mahmood Abbasi graced the occasions as chief guest, says a press release of ISPR-Navy issued here o

Published 30 Dec, 2019 12:00am

AGP detects Rs.526.1 million misappropriation in KP's education department

The Auditor General of Pakistan (AG) has detected misappropriation to the tone of Rs526.107 million in the accounts of the Education Department of Khyber Pakhtunkhwa, said audit report on the accounts of KP Department.

Published 30 Dec, 2019 12:00am

Brief Recordings

An interview with Federal Information Commissioner Zahid Abdullah 'RTI commission annual budget held up at FinMin for the last six months'

Zahid Abdullah is no stranger to Right to Information. As a civil society activist, he is a renowned RTI advocate and a champion of human rights, having worked with different non-profit organisations including the Centre for Peace and Development Initiati

Updated 30 Dec, 2019 06:46am

US carries out 'defensive strikes' in Iraq, Syria

The US military has carried out "defensive strikes" in Iraq and Syria against the Kataib Hezbollah militia group, U.S. officials told Reuters on Sunday. The Pentagon said in a statement it had targeted three locations of the Iranian-backed Shi'ite Muslim

Published 30 Dec, 2019 12:00am

Five wounded in stabbing at New York rabbi's house

An intruder stabbed and wounded five people at a rabbi's house in New York during a gathering to celebrate the Jewish festival of Hanukkah late Saturday, officials and media reports said. The victims were taken to hospitals near the New York suburb of Mon

Published 30 Dec, 2019 12:00am

Saudi sentences Yemeni to death over Spanish theatre group stabbing

A Saudi court sentenced a Yemeni man to death Sunday for a knife attack on a Spanish theatre group, state television said, amid a controversial push to ease decades-old restrictions on entertainment. The court also sentenced an accomplice to 12 and a half

Published 30 Dec, 2019 12:00am

Syria regime must halt 'escalation of violence': EU

The European Union called on Syria's regime and its allies to halt "indiscriminate" military attacks on civilians in the country's north west, where an intensifying bombardment by Damascus and Russian forces has displaced tens of thousands.

Published 30 Dec, 2019 12:00am

North Korea's Kim holds top party meeting ahead of US deadline

North Korean leader Kim Jong Un has convened a key meeting of top ruling party officials, state media said Sunday, ahead of a year-end deadline for Washington to shift its stance on stalled nuclear talks.

Published 30 Dec, 2019 12:00am

Turkey says will not withdraw from army posts in Syria's Idlib

Turkey will not withdraw from its observation posts in the Syrian rebel bastion province of Idlib which has seen an increase in violence carried out by regime forces supported by Russian airstrikes, the defence minister said. The posts were established un

Published 30 Dec, 2019 12:00am

Iran blasts France for 'interference' over jailed academic

Tehran accused Paris on Sunday of "interference" in the case of an Iranian-French academic held in the Islamic republic, saying she is considered an Iranian national and faces security charges. France said Friday it summoned Iran's ambassador to protest t

Published 30 Dec, 2019 12:00am

Greece 'wants a say' in Libya peace process: PM

Greece wants to be included in UN-sponsored talks in January on the Libya conflict, Prime Minister Kyriakos Mitsotakis said Sunday, as tensions escalate with neighbours Turkey over the issue. Libya has become another diplomatic front for Greece and Turkey

Published 30 Dec, 2019 12:00am

Turkish military plane evacuates Somalia bomb victims

A Turkish military plane on Sunday evacuated 16 gravely wounded victims of a devastating bombing that killed 79 people and overwhelmed local health services, in the latest attack on a city dogged by insecurity.

Published 30 Dec, 2019 12:00am

Stocks

Singapore real estate fund manager ARA eyes listing in 2-3 years

Warburg Pincus-backed ARA Asset Management Ltd, one of the largest Asian real estate fund managers, is exploring a dual stock market listing, including one in Singapore, in the next two to three years, group CEO and co-founder John Lim said.

Published 30 Dec, 2019 12:00am

Stocks

Indonesia to offer first diaspora, sustainable bonds in 2020

Indonesia plans to sell two new types of bonds next year, including one tailored for Indonesians living overseas, to diversify its bond market, a finance ministry official said.

Published 30 Dec, 2019 12:00am

Money & Banking

Heard of bitcoin's 'halving'? It's set to shake crypto markets

If you're not a bitcoin enthusiast, you probably haven't heard what's happening next year: It's called the "halving", and it will cut production of the cryptocurrency by 50%.

Published 30 Dec, 2019 12:00am

Stocks

Financials lead most Gulf bourses higher, but Egypt retreats

Most major Gulf markets rose on Sunday as financial shares climbed, with Saudi leading the gains, though Egypt was pressured by a sell-off in blue chip stocks. Saudi's benchmark index ended up 0.7%, with Al Rajhi Bank rising 1.2% and Saudi Basic Industrie

Published 30 Dec, 2019 12:00am

Stocks

Philippines AirAsia delays IPO to 2020 or 2021

The Philippine unit of AirAsia Bhd is postponing its initial public offering (IPO) to next year or 2021 as it focuses on corporate reorganisation and seeking funds from existing shareholders, its chairman said.

Published 30 Dec, 2019 12:00am

Stocks

EU watchdog calls for crack down on 'short termism' in markets

The European Union should give shareholders a vote on whether companies are paying adequate attention to "sustainability" factors such as climate change, the bloc's securities watchdog said.

Published 30 Dec, 2019 12:00am

Money & Banking

Emerging market growth to spur high-yield carry trades in 2020

Emerging market currency gains will probably be dominated by high-yielding currencies rather than low-risk bets next year as economic growth finally recovers in response to lower interest rates, a Reuters poll found.

Published 30 Dec, 2019 12:00am

Money & Banking

Ghana says it is determined to join new West African currency

Ghana is determined to "do whatever we can" to join a new West African currency called the Eco, which will replace the France-backed CFA franc as soon as next year in eight regional countries, Ghana's presidency said.

Published 30 Dec, 2019 12:00am

Stocks

Wave of European Cannabis firms to list in 2020

Up to five companies active in the cannabis industry could go public in 2020 in Europe, a continent whose stock markets have largely missed out on the North-American "pot stocks" frenzy, a leading industry analyst said.

Published 30 Dec, 2019 12:00am

Stocks

Tunisia plans to issue up to 800 million euros of bonds in 2020

Tunisia needs around 8.5 billion Tunisian dinars ($2.96 billion) in external financing in 2020 and plans to issue bonds up to 800 million euros ($874.24 million) of debt, a senior official told Reuters.

Published 30 Dec, 2019 12:00am

Stocks

Sectors tied to economic growth top US strategists' picks for 2020

Betting US economic indicators will point to accelerating growth next year, Wall Street banks recommend investors raise exposure to economically-sensitive sectors and scale back defensive ones.

Published 30 Dec, 2019 12:00am

Global Business Economy

Sixteen flights cancelled at Lisbon Airport due to three-day strike

Sixteen flights to and from Lisbon airport have been cancelled this weekend as a result of a three-day strike by airport workers, with more cancellations and delays likely before the action ends on Sunday evening.

Published 30 Dec, 2019 12:00am

Global Business Economy

China says it has proactively dealt with US trade frictions

China's Commerce Ministry has "proactively dealt with" trade frictions with the United States this year, it said on Sunday after an annual work conference. The ministry has implemented the decisions of the central government and "resolutely safeguarded th

Published 30 Dec, 2019 12:00am

Global Business Economy

Sixty years on, Africa still seeks right model for growth

As 1960 dawned, sub-Saharan Africa braced for historic change: that year, 17 of its countries were destined to gain independence from European colonial powers. But six decades on, the continent is mired in many problems. It is struggling to build an econo

Published 30 Dec, 2019 12:00am

Global Business Economy

Egypt competition watchdog approves Uber acquisition of Careem with conditions

Egyptian regulators have approved Uber's $3.1 billion acquisition of regional rival Careem after agreeing to a set of commitments proposed by the U.S.-based ride-hailing service meant to reduce harm to competitors.

Published 30 Dec, 2019 12:00am

French government, unions exchange barbs in strike deadlock

The French government and a key trade union on Sunday exchanged bitter accusations over who was to blame for France's over three-week transport strike against pension reforms, as the stalemate showed little sign of relenting.

Published 30 Dec, 2019 12:00am

Sydney fireworks to go ahead despite massive protest petition

A petition to cancel Sydney's famous New Year's Eve fireworks and use the money to fight bushfires ringing the city has topped 260,000 signatures, but officials say the show will go on. Sydney is spending Aus$6.5 million ($4.5 million) on this year's fire

Published 30 Dec, 2019 12:00am

Global Business Economy

Dubai plans record spending to revive flagging economy

Dubai unveiled a 2020 budget on Sunday projecting record spending of $18.1 billion, up 17 percent on this year, as it seeks to revive its flagging economy. The Gulf city state expects revenues too to rise sharply next year as it hosts Expo 2020, the globa

Published 30 Dec, 2019 12:00am

Money & Banking

Heads of Japan Post group resign over improper insurance sales

The heads of Japan Post Holdings Co Ltd and two affiliates said on Friday they will resign over the improper sales of insurance policies, after the regulator announced administrative punishments against the companies. Japan Post Holdings said it had picke

Published 30 Dec, 2019 12:00am

Money & Banking

Credit Suisse admits surveillance of second executive

Credit Suisse on Monday admitted it was behind instructions to carry out surveillance on a second executive, after dismissing a previous similar incident as an "isolated event". Switzerland's second-largest bank pinned the blame on former chief operating

Published 30 Dec, 2019 12:00am

Energy

Reliance terms government move to enforce arbitration payment 'premature'

India's biggest company Reliance Industries Ltd has called a government move to try and force the refinery-to-telecoms behemoth to pay dues from an offshore oil and gas field "premature" with an arbitration process still underway. The government and Relia

Published 30 Dec, 2019 12:00am

Global Business Economy

Dubai's Emaar to sell view from world's tallest tower

Emaar Properties is selling the observation decks of the world's tallest skyscraper the Burj Khalifa, four sources told Reuters, potentially raising $1 billion for Dubai's biggest developer amid a real estate downturn. Two of the sources said Emaar had ap

Published 30 Dec, 2019 12:00am

Global Business Economy

Tesla set to begin deliveries of China-made Model 3 cars

US electric vehicle maker Tesla Inc will begin delivering Model 3 vehicles built at its Shanghai factory on Monday, a company representative told Reuters. Construction of its first plant outside the United States began in January and production started in

Published 30 Dec, 2019 12:00am

Global Business Economy

Uber co-founder Travis Kalanick severs ties with company

About a decade after co-founding Uber, Travis Kalanick on Tuesday severed his last ties with the ride-hailing giant, announcing he would exit the board of directors at the end of 2019. Kalanick, who was pushed out as chief executive in 2017 amid revelatio

Published 30 Dec, 2019 12:00am

Commodities

Tiffany sees rise in holiday sales

Tiffany & Co, which is being bought by Louis Vuitton owner LVMH, on Thursday estimated sales growth of 1% to 3% during the holidays, with the biggest contribution coming from China and a recovery in the Americas.

Published 30 Dec, 2019 12:00am

Global Business Economy

Nissan top executive decides to resign just weeks into his new job

The executive tasked with leading a recovery at Nissan Motor Co Ltd said he had decided to resign just weeks into his new job, a move that could disrupt the automaker's push to turn the corner on scandal and slumping sales.

Published 30 Dec, 2019 12:00am

Global Business Economy

New Boeing CEO dubbed as hardened corporate crisis manager

Beleaguered Boeing Co is putting its future in the hands of a turnaround veteran who has led several companies in crisis, cut his teeth at engine maker General Electric Co and has spent a decade on the board of the world's largest planemaker.

Published 30 Dec, 2019 12:00am

Cancer patients, survivors face increased risk of heart disease deaths

Many cancer patients and survivors die from heart disease rather than from their tumors, especially if they have certain malignancies like breast and prostate cancer, a US study suggests. Researchers examined data on more than 3.2 million cancer patients

Published 30 Dec, 2019 12:00am

Vaping taking off among younger children

The proportion of e-cigarette users in the United States who started vaping by age 14 has more than tripled in the past five years, a recent study suggests. From just 8.8% in 2014, the share of vapers who had picked up their first e-cigarette at age 14 or

Published 30 Dec, 2019 12:00am

Fathers too should be screened for postpartum blues

Screening fathers for postpartum depression is as important as screening mothers, researchers argue, and current guidelines don't go far enough in urging doctors to identify new fathers who may be suffering. A perspectives piece in the journal Pediatrics

Published 30 Dec, 2019 12:00am

Climate change caused 15 disasters costing over $1bn this year: charity

At least 15 natural disasters linked to climate change this year caused damage of over $1 billion and seven of them cost at least $10 billion, British charity Christian Aid said on Friday. This year is set to be the second hottest year in history and each

Published 30 Dec, 2019 12:00am

IT & Computers

Exhibition exploring impact of facial recognition opens in China

An art exhibition exploring the impact of facial recognition technology has opened in China, offering a rare public space for reflection on increasingly pervasive surveillance by tech companies and the government. Hosted jointly by the southern mainland c

Published 30 Dec, 2019 12:00am

Telecommunication

Decade in Review: what the smartphone has wrought

When the first Apple iPhone hit the market in 2007, not everyone was convinced it would supplant the flip-phone. When Google's Android software system arrived a year later, the Blackberry still seemed to have bright future.

Published 30 Dec, 2019 12:00am

Telecommunication

Huawei's role in Italy's 5G network sought

Chinese telecoms firm Huawei should be allowed a role in Italy's future 5G network, the Italian industry minister said on Sunday after an influential parliamentary committee called on Rome to block the company. The United States has lobbied Italy and othe

Published 30 Dec, 2019 12:00am

Telecommunication

China names and shames tech giants for app privacy violations

Chinese tech giants Tencent and Xiaomi have been reprimanded by Beijing for designing apps that infringe on users' privacy, even as the Communist regime amasses its own collection of personal data. China, which exercises close surveillance of online activ

Published 30 Dec, 2019 12:00am

Cricket

Australia thrash New Zealand despite battling Blundell century

Nathan Lyon took four wickets as Australia thrashed New Zealand by 247 runs to win the second Test at Melbourne and the series Sunday with a battling century from opener Tom Blundell proving futile.

Published 30 Dec, 2019 12:00am

Football

Liverpool lean on VAR to edge past Wolves

Liverpool continued their relentless march towards a first Premier League title in 30 years, but Jurgen Klopp's men needed the benefit of two VAR reviews to see off Wolves 1-0 at Anfield on Sunday.

Published 30 Dec, 2019 12:00am

Cricket

Kaliwal Zalmi League 2019: Kings XI beat Zalmi Challengers

Kings XI Swat beat Zalmi Challengers Mardan in Super Over to win Peshawar Zalmi's inaugural Kaliwal Zalmi League 2019. Kings XI Swat achieved the given target with 3 balls to spare. Both teams scored 84 runs each previously in their six overs.

Published 30 Dec, 2019 12:00am

Football

Borussia Dortmund sign teen striking prodigy Haaland

Borussia Dortmund have signed teenage goalscoring sensation Erling Braut Haaland from RB Salzburg, beating off a host of top European clubs, the German Bundesliga club announced on Monday. Dortmund said the 19-year-old Norway forward, who scored eight tim

Published 30 Dec, 2019 12:00am

Cricket

South Africa see off stubborn England to claim 107-run victory

South Africa broke down stubborn England resistance to win the first Test of their World Test Championship series by 107 runs at SuperSport Park on Sunday.

Published 30 Dec, 2019 12:00am

IT & Computers

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	155.61
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.27
Euro to USD / Nov 15	1.06

Stock	Volume
S&P 500 / Nov 14	5,949.17
India Sensex / Nov 14	77,580.31
Nasdaq / Nov 14	19,107.65
Dow Jones / Nov 14	43,750.86
Tokyo Nikkei / Nov 15	38,642.91
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,065.30
Germany DAX 30 / Nov 15	19,211.48

Item	Value
Gold 10 Grams PKR / Nov 14	232,340
Petrol/Litre / Nov 15	248.38
Crude Oil USD/Barrel / Nov 15	67.86
Karachi Cotton PKR/37.32 KG / Nov 15	18,085
Gold Spot USD/Ounce / Nov 15	2,567.71
Diesel/Litre / Nov 15	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▼ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	61.35 ▼ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.03 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▼ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▲ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	61.35 ▲ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.03 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▲ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 15 Worldcall Telecom Limited(WTL)	177,393,273 ▲ 0.00
Hascol Petrol / Nov 15 Hascol Petroleum Limited(HASCOL)	59,224,094 ▲ 0.00
Treet Battery / Nov 15 Treet Battery Limited(TBL)	47,940,702 ▲ 0.00
Sui South Gas / Nov 15 Sui Southern Gas Company Limited(SSGC)	42,748,255 ▲ 0.00
Cnergyico PK / Nov 15 Cnergyico PK Limited(CNERGY)	32,665,062 ▲ 0.00
TPL Properties / Nov 15 TPL Properties Limited(TPLP)	30,497,881 ▲ 0.00
Treet Corp / Nov 15 Treet Corporation Limited(TREET)	29,734,104 ▲ 0.00
Telecard Limited / Nov 15 Telecard Limited(TELE)	29,162,423 ▲ 0.00
Pak Refinery / Nov 15 Pakistan Refinery Limited(PRL)	27,309,247 ▲ 0.00

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Budget 2024-25: income tax calculator for FY25

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