News Archives for Print - 2020-01-27

Print - 2020-01-27

Articles

Inflow of external financing

Pakistan's external debt and liabilities first crossed the level of $100 billion in March 2019. Consequently, the external debt to GDP ratio reached the peak of over 36 percent. Bulk of this debt is public in nature and accounts currently for almost 80 pe

Updated 28 Jan, 2020 04:57am

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (January 20 to 24, 2020).

Published 27 Jan, 2020 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (July to December 2019)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 27 Jan, 2020 12:00am

The Weather

The weather report on Sunday (January 26, 2020) and the forecast for Monday (January 27, 2020).

Published 27 Jan, 2020 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 27 Jan, 2020 12:00am

Other

Coco bid ends in tears as Djokovic, Federer blast into quarters

Novak Djokovic and Roger Federer swept into the Australian Open quarter-finals but 15-year-old Coco Gauff exited in tears on Sunday after her quest to become the Open era's youngest Grand Slam winner came screeching to a halt.

Published 27 Jan, 2020 12:00am

Other

Hong Kong's Ng wins Thailand Masters

Hong Kong shuttler Ng Ka-long snatched the men's Thailand Masters badminton title Sunday after a shaky start against Japan's Kenta Nishimoto, whose compatriot Akane Yamaguchi beat Korea's An Se-young in a hard-fought women's final.

Published 27 Jan, 2020 12:00am

Cricket

India win second T20

With miserly bowling and another KL Rahul half-century, India again outclassed New Zealand as they coasted to a seven-wicket victory in the second Twenty20 match in Auckland on Sunday to go 2-0 up in the series.

Published 27 Jan, 2020 12:00am

Other

SBBWU-SUIT Games: Shaheed Benazir Bhutto university win overall trophy

Shaheed Benazir Bhutto Women University (SBBWU) Peshawar clinched the overall trophy against Sarhad University of Information Technology (SUIT) in the week-long Games between the two educational institutions by holding women only activities that concluded

Published 27 Jan, 2020 12:00am

Football

Olympic football qualifiers, tennis moved from China over virus

Women's Olympic football qualifiers and a Fed Cup tennis event have been shifted out of China due to growing concerns over the deadly coronavirus, officials said on Sunday. The football tournament had already been moved from Wuhan, the epicentre of the ou

Published 27 Jan, 2020 12:00am

Other

Herbert wins Dubai Desert Classic

Lucas Herbert celebrated Australia Day with his first title on the European Tour when he beat South Africa's Christiaan Bezuidenhout on the second play-off hole Sunday to win the Dubai Desert Classic.

Published 27 Jan, 2020 12:00am

Cricket

England set weary South Africa world record 466 to win final Test

Joe Root made a patient half-century as England set South Africa a world record target of 466 to win the fourth and final Test at the Wanderers Stadium on Sunday. The England captain scored 58 and played an anchor role before he was last man out as Englan

Published 27 Jan, 2020 12:00am

Football

Manchester United, Man City cruise into FA Cup fifth round

Manchester United put a torrid week behind them by thrashing third-tier Tranmere 6-0 as holders Manchester City also cruised into the FA Cup fifth round with a 4-0 win over Fulham on Sunday. United boss Ole Gunnar Solskjaer was badly in need of a convinci

Published 27 Jan, 2020 12:00am

Other

Neuville makes first Monte Carlo Rally win

Thierry Neuville claimed his first Monte Carlo Rally win on Sunday, the bespectacled Belgian denying Sebastien Ogier after a roller-coaster opening leg of the world championship for his Hyundai team.

Published 27 Jan, 2020 12:00am

IT & Computers

Google owner calls for 'proportionate approach' to AI regulation

Sundar Pichai, the CEO of Google-owner Alphabet, urged regulators on Monday to take a "proportionate approach" when drafting rules for artificial intelligence (AI), days before the European Commission is due to publish proposals on the issue.

Published 27 Jan, 2020 12:00am

Global Business Economy

No pedals, no steering wheel: Cruise unveils autonomous shuttle

Don't bother to look for the steering wheel or pedals in the new autonomous shuttle vehicle unveiled by Cruise, the startup owned by General Motors. The vehicle is "our answer to the question about what transportation system you'd build, if you could star

Published 27 Jan, 2020 12:00am

Telecommunication

UK likely to decide on Huawei 5G this week

Britain is expected to announce this week whether to allow China's Huawei to develop its 5G network, an official said Friday, amid indications it will agree to grant at least limited access despite intense US opposition. A senior UK official, speaking on

Published 27 Jan, 2020 12:00am

Facial recognition may help discover fate of Holocaust victims

An old photograph and modern face recognition technology could help two Israeli brothers find out how their father survived the Nazi Holocaust. Seeking clues to the past, Eli and Saul Lieberman turned to an Israeli research centre, which hopes to match fa

Published 27 Jan, 2020 12:00am

Last decade most expensive for natural disasters: report

The last decade was the worst on record for economic losses from natural disasters, amounting to $ 3 trillion - over a trillion more than the previous decade, insurance broker Aon said on Wednesday. The Asia-Pacific region was the worst-hit in the 2010-20

Published 27 Jan, 2020 12:00am

Not all low-carb, low-fat diets help you live longer

People who follow low-carb or low-fat diets may not live longer - unless they're also careful to avoid junk food and sweets, a U.S. study suggests. Researchers followed 37,233 adults for two decades starting when they were 50 years old, on average. During

Published 27 Jan, 2020 12:00am

China virus: What we know about the fatalities

The first fatality of China's new virus would come to represent a common set of traits for those who died to the disease: he was over the age of 60 and in poor health. Since China reported the emergence of a new coronavirus at the end of December, the SAR

Published 27 Jan, 2020 12:00am

Sunscreen ingredients really do seep into the blood. Is that bad?

Scientists at the U.S. Food and Drug Administration have shown that active chemicals in sunscreens can readily soak into the bloodstream, confirming the need for more testing on whether these products are safe, the researchers said on Tuesday.

Published 27 Jan, 2020 12:00am

Global Business Economy

Air France-KLM proposes buying 49 percent of Malaysia Airlines

Proposals to invest in ailing Malaysia Airlines include one from Air France-KLM, which wants as much as 49 percent, while Japan Airlines is looking at a 25 percent stake, people with knowledge of the matter said.

Updated 27 Jan, 2020 10:48am

Global Business Economy

P&G falls short of sales estimates for first time in over a year

Procter & Gamble Co reported quarterly sales that fell short of analysts' estimates for the first time in over a year, hurt by weakness in its baby and feminine care business, which sells everything from Tampax tampons to Pampers diapers.

Updated 27 Jan, 2020 10:47am

Stocks

JP Morgan targets mid-size companies in Japan expansion

JP Morgan Chase & Co is launching a new effort to be the international bank for mid-sized companies in Japan, the latest Asia market where the US bank seeks to challenge its international rivals.

Published 27 Jan, 2020 12:00am

Money & Banking

Over thousand EU financial firms plan to open UK offices after Brexit

More than a thousand banks, asset managers, payments companies and insurers in the European Union plan to open offices in post-Brexit Britain so they can continue serving UK clients, regulatory consultancy Bovill said on Monday.

Published 27 Jan, 2020 12:00am

Global Business Economy

Dubai state fund chief to chair developer Nakheel

The chief executive of Dubai's state fund, Mohammed al-Shaibani, has been appointed chairman of Nakheel, the state property developer said on Tuesday, replacing Ali Rashid Lootah, who oversaw the firm during a debt restructuring a decade ago.

Published 27 Jan, 2020 12:00am

Money & Banking

UBS cuts mid-term targets after 2019 profit drop

UBS Group AG cut profitability targets on Tuesday as Switzerland's largest bank grapples with ultra-low interest rates and increased competition for wealthy clients.

Published 27 Jan, 2020 12:00am

Global Business Economy

BAE spends $2.2 billion to boost US electronic systems business

British defence company BAE Systems is spending $2.2 billion to expand its US-based electronic systems operations, buying two businesses being offloaded as a result of the merger of US rivals Raytheon and United Technologies.

Updated 27 Jan, 2020 10:47am

Global Business Economy

Powered by SUVs, Hyundai turns in best quarter since early 2017

Hyundai Motor Co turned in its best quarterly operating profit in over two years and said it was on track for higher profit margins in 2020, powered by more sales of sport-utility vehicles (SUVs) such as the Palisade and Kona.

Updated 27 Jan, 2020 10:39am

Telecommunication

Ericsson hit by higher 5G costs and weaker US market

Sweden's Ericsson reported a smaller-than-expected rise in fourth-quarter core earnings on Friday and said higher costs would spill over into 2020 as the telecoms equipment maker looks to exploit its leading position in super-fast 5G networks. After a num

Published 27 Jan, 2020 12:00am

IT & Computers

Xerox plans to nominate 11 directors to HP's board

Xerox Holdings Corp said on Thursday it plans to nominate 11 independent candidates to HP Inc's board, setting the stage for a proxy fight after the personal computer maker rebuffed its $33.5 billion takeover offer.

Published 27 Jan, 2020 12:00am

Global Business Economy

Boeing's new 777X airliner makes first flight

Boeing's new long-haul 777X airliner made its first flight on Saturday, a step forward for the company whose broader prospects remain clouded by the 737 MAX crisis. The world's largest twin-engine aircraft landed at Boeing Field near Seattle after approxi

Updated 27 Jan, 2020 10:39am

Global Business Economy

Dye workshop a colourful dip into old Cairo craft

In Cairo's centuries-old Darb al-Ahmar district, Salama Mahmoud Salama's traditional dye workshop is a multi-coloured hive of workers busy with all kinds of fabrics. They lay out the long, flowing threads, to be used for everything from handmade shoes to

Published 27 Jan, 2020 12:00am

Global Business Economy

UK will set out EU trade objectives next month: Brexit secretary

Britain will set out more details about its objectives for a free trade deal with the European Union next month after the country leaves the bloc on Jan. 31, Brexit Secretary Stephen Barclay said. "We are going to publish our objectives for the negotiatio

Updated 27 Jan, 2020 09:16am

Global Business Economy

Renault, Nissan chief engineers to meet, revive R&D projects

Renault's engineering boss will meet his counterpart at Nissan in Japan this week, two sources close to Renault said, as the carmakers seek to revive projects crucial to an alliance left reeling by the Carlos Ghosn affair.

Updated 27 Jan, 2020 10:43am

Global Business Economy

Gulf economies to pick up this year following spending spree

Economic growth in the Gulf will pick up this year and next, helped by Saudi Arabia's investment programme and Expo 2020 in Dubai, although the region will continue to feel the impact of oil output cuts, a Reuters poll showed on Wednesday.

Updated 27 Jan, 2020 09:18am

Money & Banking

For US Fed, it's steady as she goes... for now

The Federal Reserve is overwhelmingly expected to begin 2020 as it ended 2019: by leaving interest rates right where they are. As they prepare to hold their first policy meeting of the year in the coming week, central bankers are sending clear signals the

Published 27 Jan, 2020 12:00am

Ex-SoftBank employee held of spying for Russia

Japanese police have arrested a former SoftBank employee for allegedly stealing proprietary information from the telecom giant and giving it to Russian officials, police and media reports said Sunday.

Updated 27 Jan, 2020 09:23am

IT & Computers

Apple dropped plan for encrypting backups after FBI complained

Apple Inc dropped plans to let iPhone users fully encrypt backups of their devices in the company's iCloud service after the FBI complained that the move would harm investigations, six sources familiar with the matter told Reuters.

Published 27 Jan, 2020 12:00am

Stocks

Wall Street week ahead: Hopes are high for technology stock 'Cadillacs'; so are their prices

Wall Street is betting that the most popular US technology and internet stocks can keep outshining the broader equities market but their latest rally leaves little room for error this earnings season. Investors dashed for the exits after Tuesday's less-th

Published 27 Jan, 2020 12:00am

Money & Banking

Fed will continue repo offerings

The Federal Reserve Bank of New York said on Tuesday it will continue to inject liquidity into the overnight lending markets for cash until at least mid-February while slightly reducing offerings on longer term loans.

Published 27 Jan, 2020 12:00am

Stocks

Investors build war chests to buy distressed European bonds

Years into a bond market bull-run, investors are banking on a brighter future for funds that buy the debt of financially troubled European companies whose bonds are offering meatier returns because they are more risky.

Published 27 Jan, 2020 12:00am

Money & Banking

'Death Cross,' growth abroad threaten US dollar

Storm clouds are gathering over the US dollar, threatening a two-year rally in the currency that has squeezed corporate profits and angered President Donald Trump. Dollar bullishness in future markets stands at its lowest level in more than a year-and-a-h

Published 27 Jan, 2020 12:00am

Stocks

ME stocks dip as China virus fears escalate

Most Middle Eastern stocks were pressured on Sunday by the slump in US shares and oil prices due to concerns that a spreading virus from China would curb travel and hurt economic demand.

Published 27 Jan, 2020 12:00am

Money & Banking

Hong Kong, Thailand closer to using digital currencies

The Hong Kong and Thai central banks have moved a step closer to being able to use central bank digital currencies (CBDCs) to make payments between the two countries more efficient, the banks said on Wednesday.

Published 27 Jan, 2020 12:00am

Money & Banking

Sudan doesn't have foreign reserves to protect value of the pound

Sudanese Prime Minister Abdalla Hamdok said on Tuesday that his country does not have foreign currency to protect the value of the pound and that there is a "structural deficiency." The dollar was selling for 100 Sudanese pounds in cash transactions on Mo

Published 27 Jan, 2020 12:00am

Stocks

Macro hedge fund manager Coffey to turn investors away

Prominent global macro hedge fund manager Greg Coffey will stop accepting fresh cash for his two-year old portfolio at the end of March to prevent any flood of new money from chipping away at his strong returns, an investor familiar with his plans said.

Published 27 Jan, 2020 12:00am

Money & Banking

Sterling resists the weight of UK rate cut speculation

The swift repricing of short-dated UK interest rate futures has sent bond yields plunging but barely moved sterling, which is still holding out hopes of a post-election, post-Brexit inward investment bounce that will lift the pound in time.

Published 27 Jan, 2020 12:00am

India police decommission historic British-era rifles

Police in northern India on Sunday bid goodbye to the historic British-era bolt-action rifles after using them for one last salute during the annual Republic Day parade.

Published 27 Jan, 2020 12:00am

Thousands rally across Australia for 'Invasion Day' protests

Thousands of people joined Invasion Day protests in cities across Australia Sunday to mark the beginning of British colonisation of the vast continent. January 26 is officially recognised as Australia Day, a public holiday to celebrate the origins of the

Published 27 Jan, 2020 12:00am

IT & Computers

US feds, states could join forces on Google probes

The US Justice Department and state attorneys general are meeting this week for talks on their concurrent investigations into possible anti-competitive practices by Google, the Wall Street Journal reported Sunday. The Journal said the talks could eventual

Published 27 Jan, 2020 12:00am

China stiffens defences against epidemic as death toll hits 56

China expanded drastic travel restrictions Monday to contain an epidemic that has killed 56 people and infected nearly 2,000, as the US, France and Japan prepared to evacuate their citizens from a quarantined city at the outbreak's epicentre.

Updated 27 Jan, 2020 10:36am

Erdogan says Libya crisis cannot be solved by 'military means'

Turkish President Recep Tayyip Erdogan said the Libyan crisis could not be solved by "military means", after talks Sunday with his Algerian counterpart in Algiers. Algeria, which shares a 1,000-kilometre (620-mile) border with Libya, is trying to mediate

Updated 27 Jan, 2020 06:33am

UN slams ongoing Libya arms embargo violations

Weapons are pouring into Libya in violation of an arms embargo and despite commitments made by world powers, the UN's mission in Libya has said as Germany expressed concern about reports of infringements.

Updated 27 Jan, 2020 06:33am

France withdraws controversial grenade from police use

France will withdraw from use an explosive tear gas grenade used by riot police and blamed for injuring numerous protesters, the interior minister said Sunday, amid growing anger at perceived police brutality. Sanctioned for use by French law enforcement

Updated 27 Jan, 2020 06:48am

Brief Recordings

An interview with Naohisa Fukuda, President, Japan Communications Inc. “Secure digital ID is the bridge between cyber world and real world”

Naohisa Fukuda is the President and Member, Board of Directors at Japan Communications Inc. (JCI). Founded in 1996, JCI provides telecommunication services to business clients and has been a pioneer in the MVNO business model. Mr. Fukuda joined JCI as a S

Updated 28 Jan, 2020 06:53am

Art and culture bring people together: Alvi

President of Pakistan, Dr Arif Alvi has said nothing is better than arts and culture which have ample potential to bring people together and strengthen social cohesion in society. He expressed these views while addressing the inaugural ceremony of "Lahore

Published 27 Jan, 2020 12:00am

59 nanbais held for selling under-weight roti

District administration arrested 59 nanbais (bakers) from different parts of the district in crackdown against the selling of under-weight roti. During the crackdown 59 nanbais were arrested for selling under-weight roti and shifted them to prison.

Published 27 Jan, 2020 12:00am

Rich tribute paid to ZAB on 92nd birth anniversary

Sindh Minister for Information, Archives and Labor Saeed Ghani has said that Shaheed Zulfiqar Ali Bhutto was the only political leader in the entire world whose birthday was being celebrated not only regularly, but also on such a large scale, in fact all

Published 27 Jan, 2020 12:00am

Cruel steps in IOJ&K exposed India's real face: Qureshi

Foreign Minister Shah Mehmood Qureshi said on Sunday that Narendra Modi government's cruel steps in the Indian Occupied Jammu and Kashmir (IOJ&K) had exposed its real face before the world.

Published 27 Jan, 2020 12:00am

PM to distribute loan cheques among youths in Sindh today

Prime Minister Imran Khan on Monday will distribute cheques among beneficiaries of subsidized business loans under his government's Kamyab Jawan Programme - Youth Entrepreneurship Scheme - during his day-long official visit to Karachi.

Published 27 Jan, 2020 12:00am

Pesco holds open Kutcheries across KP

Officials of Peshawar Electric Supply Company (Pesco) on Sunday organized open Katcheries (open forums) for the redresssal of public complaints across Khyber Pakhtunkhwa. Shaukat Afzal, a spokesman of the Pesco said the company field formations throughout

Published 27 Jan, 2020 12:00am

Police personnel killed, several wounded in two blasts

A police personnel was reportedly killed and several others wounded when two blasts went off in Bajaur's Tehsil Salarzai on Sunday. As per the initial reports, the blasts went off in Bajaur's Tehsil Salarzai, killing police personnel and injuring several

Published 27 Jan, 2020 12:00am

Business & Economy

Joint declaration of APCPC 2020 issued

The Islamabad Chamber of Commerce & Industry (ICC&I) organised an "All Pakistan Chambers Presidents Conclave 2020" (APCPC 2020) a few days ago in which 47 presidents of Chambers of Commerce and Industry from across Pakistan participated.

Published 27 Jan, 2020 12:00am

Marriyum lashes out at PTI government over TI report

Pakistan Muslim League-Nawaz (PML-N) Secretary information Marriyum Aurangzeb has said that if Imran Khan wants to crack down on those who put their vested interests first, profited at the cost of national interest and public welfare, and hoarded to maxim

Published 27 Jan, 2020 12:00am

Nawaz wants Abbasi to secure release on bail

PML-N supreme leader and former prime minister Nawaz Sharif, who is said to be undergoing treatment in London, has asked incarcerated party leader Shahid Khaqan Abbasi to seek his release from prison on bail.

Published 27 Jan, 2020 12:00am

Five-year-plan initiated in 15 rice growing districts of Punjab

A five year programme under Agriculture Emergency a national programme for enhancing profitability through increasing productivity of rice has been lunched in 15 (fifteen )rice growing districts of the Punjab costing Rs.6.63 billion.

Published 27 Jan, 2020 12:00am

Business & Economy

Hafeez urges Customs officials to facilitate trade and traders

Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Sunday declared Pakistan Customs 'the face of country', advising its officials to improve services on modern principles to facilitate trade and businesses and achieve the national

Published 27 Jan, 2020 12:00am

Punjab Prisons' officials in the doldrums owing to low salary package

Though nearly 260 well-educated Assistant Superintendent Jails (ASJs) recruited through the Punjab Public Service Commission (PPSC) have left their jobs in the past due to lack of promotions and allowances, many senior officers of the Punjab Prisons are c

Published 27 Jan, 2020 12:00am

Cotton & Textile

WEEKLY COTTON REVIEW: Trading volume decreases; price increases

The trading volume of cotton decreases. Prime Minister Imran Khan has issued instruction regarding increasing cotton production. Increase in energy prices strongly opposed.

Published 27 Jan, 2020 12:00am

PM's agriculture initiative lacks innovation, technology: expert

Omar Hayat an expert on the fisheries sector of Khyber Pakhtunkhwa and Gilgit-Baltistan has said that the Prime Minister's initiative of the agriculture emergency lacks innovativeness, pro-poor approaches and technologies with potential to be scaled up fo

Published 27 Jan, 2020 12:00am

NICVD wins nine awards for Corporate Social Responsibility

It is a great honour for National Institute of Cardiovascular Diseases (NICVD) to be bestowed with 9 awards at 12th National Forum for International Corporate Social Responsibility summit 2020 for serving the people of Pakistan, irrespective of their cast

Published 27 Jan, 2020 12:00am

Business & Economy

Handicraft bazaar held at WCCI

The 2nd women handicraft bazaar was organized by Women Chamber of Commerce and Industry in premises of the chamber here on Sunday. Large number of women visitors thronged to trade fair and took keen interest in their handmade work. They took keen interest

Published 27 Jan, 2020 12:00am

There is no threat to Centre & Punjab governments: Sheikh Rashid

Minister for Railways Sheikh Rashid Ahmad on Sunday dismissed the rumours of any change in the center and Punjab as speculations, saying, 'there is no threat to the government'. Talking to reporters, he said that renowned personalities in Punjab consider

Published 27 Jan, 2020 12:00am

Black day observed on India's republic day

The Kashmir Centre Lahore observed black day on the Republic Day of India and organised a rally against Indian atrocities in the Occupied Jammu and Kashmir, at the Lahore Press Club on Sunday. A number of civil society members and workers of different pol

Published 27 Jan, 2020 12:00am

Five-day anti-polio drive to start on February 17

More than 855,000 children under five years of age would be administered anti-polio drops during a five day drive to be commence in the entire district from February 17. Talking to APP, Incharge Anti-polio drive District Health Authority, Chaudary Muhamma

Published 27 Jan, 2020 12:00am

Taxes

International Customs Day-2020 held: FBR chief lauds Customs for being professionally sound

An Iranian Customs delegation is planning to come to Pakistan for singing of a memorandum of understanding (MoU) on electronic exchange of trade data between Iran and Pakistan and Afghan customs authorities.

Published 27 Jan, 2020 12:00am

Prices of essential food commodities witness sharp increase

A sizeable increase in prices of essential food commodities, including live chicken/meat, flour, sugar, fruits, vegetable, pulses and others was witnessed in retail market, according to a survey carried out Business Recorder here on Sunday.

Published 27 Jan, 2020 12:00am

Energy

Need for effective transportation of coal stressed

While consumption of coal has been increasing in power generation in Pakistan, the government needs to pay attention on the effective handling and transportation of coal from sea ports.

Published 27 Jan, 2020 12:00am

International Day of Education: Oxfam launches 'Alif Say Uraan' campaign for girls' education

The opening ceremony of Oxfam in Pakistan's education campaign "Alif Say Uraan" was held the other day in connection with International Day of Education here on Friday. The campaign aims at establishing the demand for improved enrolment and allocation of

Published 27 Jan, 2020 12:00am

Cracks visible within the ruling party: JI chief

Chief of Jamaat-e-Islami Senator Sirajul Haq has said that the cracks within the ruling party are visible which also indicate that the government ministers are only interested in protecting their own interests and they have nothing to do with the public i

Published 27 Jan, 2020 12:00am

Business & Economy

Two unregistered manufacturing units raided in Faisalabad zone

Directorate of Intelligence & Investigation (Inland Revenue), Faisalabad raided business premises of two un-registered manufacturing units engaged in manufacture and supply of machinery used in the stone crushing work.

Published 27 Jan, 2020 12:00am

Automation the way forward for FBR

Chairman Federal Board of Revenue Shabbar Zaidi referred to the tax system as 'extortionist' while acknowledging that voluntary compliance has had limited success (accounting for only 5 to 10 percent of total revenue collected), an observation that applie

Updated 27 Jan, 2020 06:14am

ECP is now functional

It is heartening to note that the two sides of parliamentary political divide have agreed to the appointments of ex-federal secretary Sikandar Sultan Raja as Chief Election Commissioner and Nisar Durrani and Shah Mohammad as the ECP members. For quite som

Updated 27 Jan, 2020 06:14am

Articles

The pro-poor policies of PM

Prime Minister Imran Khan is undoubtedly deeply committed to ensuring that the poor and the vulnerable are provided state support (our tax rupees). Disturbingly, he does not reportedly question the pace of implementation with respect to his policy stateme

Published 27 Jan, 2020 12:00am

Articles

Pakistan and Malaysia - dissimilar similarities

Nation building is a continuous struggle. Many nations that in one century ruled were ruled by others in another century. In fact in modern times, with pace of change faster than speed of light, countries rise and fall in a matter of decades. The rise of

Published 27 Jan, 2020 12:00am

Articles

China's animal trade to spawn more viral outbreaks: experts

The animal-borne SARS virus 17 years ago was supposed to be a wake-up call about consuming wildlife as food, but scientists say China's latest epidemic indicates that the practice remains widespread and a growing risk to human health.

Published 27 Jan, 2020 12:00am

Letters

Gravity of Indian belligerence

President of Azad Jammu & Kashmir Sardar Masood Khan has reportedly said that the government of Azad Jammu and Kashmir (AJK) is seriously considering providing mandatory military training to the youth of AJK, especially the people living along the Line of

Published 27 Jan, 2020 12:00am

Palestinians threaten to quit Oslo Accords over Trump 'peace' plan

Palestinian leaders threatened Sunday to withdraw from key provisions of the Oslo Accords, which define arrangements with Israel, if US President Donald Trump announces his Middle East peace plan next week.

Published 27 Jan, 2020 12:00am

Rockets hit near US embassy in Baghdad

A volley of rockets landed near the US embassy in the Iraqi capital Baghdad Sunday, two security sources told AFP, in the latest unclaimed attack on American installations in the country. AFP reporters heard loud thuds emanating from the western bank of t

Published 27 Jan, 2020 12:00am

Ministry, industry cut 'informal' deal on ex-mill sugar price

Ministry of Industries and Production (MoI&P) and sugar industry are said to have reached an "informal" agreement to fix ex-mill price of sugar at Rs 80 per kg, keeping in view increase in sugarcane price and GST, well informed sources told Business Re

Published 27 Jan, 2020 12:00am

Israel gives green light for visits to Saudi Arabia

Israel on Sunday officially gave its citizens the right to travel to Saudi Arabia for religious and business visits, in the latest sign of warming ties between the two states.
Published 27 Jan, 2020 12:00am

Iraq protesters keep up rallies despite pressure from riot police

Iraqi security forces shot live rounds to clear protests in Baghdad and the south for a second day on Sunday, but thousands of determined students flooded the streets to keep up their movement.
Published 27 Jan, 2020 12:00am

'Libya crisis cannot be solved by military means'

Turkish President Recep Tayyip Erdogan said the Libyan crisis could not be solved by "military means", after talks Sunday with his Algerian counterpart in Algiers. Algeria, which shares a 1,000-kilometre (620-mile) border with Libya, is trying to mediate
Published 27 Jan, 2020 12:00am

Egyptian dissident quits politics after unanswered protest calls

A self-exiled Egyptian businessman said he was quitting politics after his calls for protests against President Abdelfattah al-Sisi to mark the anniversary of Egypt's 2011 uprising went unheeded.
Updated 27 Jan, 2020 06:33am

Private people still involved in official work at tax offices

Private persons are still actively involved in official work at Karachi-based tax offices despite serious admonition by the Federal Board of Revenue (FBR). According to details, the issue was highlighted through a complaint lodged at Pakistan Citizen Port
Published 27 Jan, 2020 12:00am

Oman top diplomat in Iran for second time within week

Iran's top diplomat Mohammad Javad Zarif hosted his Omani counterpart Yusuf bin Alawi on Sunday for the second time within a week for talks on security in the sensitive Gulf. Alawi was making the visit to Tehran on the tail end of his trip to the World Ec
Published 27 Jan, 2020 12:00am

Kashmiris observe India's Republic Day as 'Black Day'

A protest demonstration was held in front of Diplomatic Enclave, which also houses Indian High Commission, Sunday to express solidarity with Kashmir people who observed India's Republic Day as Black Day.
Published 27 Jan, 2020 12:00am

Money & Banking
Moves both ways

Rates moved both ways on the money market during the week, ended on Jan 25, 2020.
Published 27 Jan, 2020 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / Jan 30

278.97

USD PKR Interbank Buying / Jan 30

278.77

USD to Japanese Yen / Jan 30

154.56

USD to Swiss Franc / Jan 30

0.91

Pound Sterling to USD / Jan 30

1.24

Euro to USD / Jan 30

1.04

Stock Volume

S&P 500 / Jan 29

6,039.31

Nasdaq / Jan 29

19,632.32

Hang Seng / Jan 29

20,225.11

Dow Jones / Jan 29

44,713.52

India Sensex / Jan 30

76,776.38

Tokyo Nikkei / Jan 30

39,467.47

FTSE 100 / Jan 30

8,567.71

Germany DAX 30 / Jan 30

21,655.86

Item Value

Karachi Cotton PKR/37.32 KG / Jan 29

18,285

Gold 10 Grams PKR / Jan 29

247,513

Petrol/Litre / Jan 30

256.13

Crude Oil USD/Barrel / Jan 30

72.66

Gold Spot USD/Ounce / Jan 30

2,759.76

Diesel/Litre / Jan 30

260.95

Gainers
Losers
Leaders

Stock Price

Chenab Ltd / Jan 30

Chenab Limited(CHBL)

9.08

▲ 1 (12.38%)

Kohinoor Ind. / Jan 30

Kohinoor Industries Limited(KOIL)

9.26

▲ 1 (12.11%)

PICIC Ins.Ltd. / Jan 30

PICIC Insurance Limited(PIL)

2.52

▲ 0.23 (10.04%)

Redco Textile / Jan 30

Redco Textiles Limited(REDCO)

21.97

▲ 2 (10.02%)

Sana Ind / Jan 30

Sana Industries Limited(SNAI)

28.77

▲ 2.62 (10.02%)

I.C.C. Ind. / Jan 30

ICC Industries Limited(ICCI)

14.29

▲ 1.3 (10.01%)

Ashfaq Textile / Jan 30

Ashfaq Textile Mills Limited(ASHT)

17.48

▲ 1.59 (10.01%)

Ahmad Hassan / Jan 30

Ahmad Hassan Textile Mills Limited(AHTM)

59.90

▲ 5.45 (10.01%)

Atlas Honda Ltd / Jan 30

Atlas Honda Limited(ATLH)

873.29

▲ 79.39 (10%)

Stock Price

Tariq Corp.Pref. / Jan 30

Tariq Corporation Limited-Preference Shares(TCORPCPS)

6.91

▼ -0.97 (-12.31%)

First Capital Equities / Jan 30

First Capital Equities Limited(FCEL)

5.21

▼ -0.68 (-11.54%)

National Silk / Jan 30

The National Silk & Rayon Mills Limited(NSRM)

45.35

▼ -5.04 (-10%)

Blue-Ex Ltd / Jan 30

Blue-Ex Limited (GEM)(GEMBLUEX)

55.40

▼ -6.15 (-9.99%)

Kohat Textile / Jan 30

Kohat Textile Mills Limited(KOHTM)

32

▼ -3.13 (-8.91%)

Hussain Industries / Jan 30

Husein Industries Limited(HUSI)

26.41

▼ -2.45 (-8.49%)

Trust Sec.& Brok. / Jan 30

Trust Securities & Brokerage Limited(TSBL)

13.60

▼ -1.14 (-7.73%)

JS Investments / Jan 30

JS Investments Limited(JSIL)

21.02

▼ -1.74 (-7.64%)

Universal Ins. / Jan 30

The Universal Insurance Company Limited(UVIC)

9.13

▼ -0.67 (-6.84%)

Stock Volume

Sui South Gas / Jan 30

Sui Southern Gas Company Limited(SSGC)

48,078,930

▲ 2.48

Waves Home Appliances / Jan 30

Waves Home Appliances Limited(WAVESAPP)

33,126,010

▲ 1.16

Bank Makramah / Jan 30

Bank Makramah Limited(BML)

31,438,642

▲ 0.23

Cnergyico PK / Jan 30

Cnergyico PK Limited(CNERGY)

31,197,761

▲ 0.13

K-Electric Ltd. / Jan 30

K-Electric Limited(KEL)

29,670,310

▲ 0.13

Citi Pharma Ltd / Jan 30

Citi Pharma Ltd.(CPHL)

25,413,292

▲ 2.73

Dewan Motors / Jan 30

Dewan Farooque Motors Limited(DFML)

24,726,221

▼ -1.63

WorldCall Telecom / Jan 30

Worldcall Telecom Limited(WTL)

20,794,723

▲ 0.02

Fauji Cement / Jan 30

Fauji Cement Company Limited(FCCL)

13,308,955

▲ 0.1

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Currency	Rate
USD PKR Interbank Selling / Jan 30	278.97
USD PKR Interbank Buying / Jan 30	278.77
USD to Japanese Yen / Jan 30	154.56
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 29	6,039.31
Nasdaq / Jan 29	19,632.32
Hang Seng / Jan 29	20,225.11
Dow Jones / Jan 29	44,713.52
India Sensex / Jan 30	76,776.38
Tokyo Nikkei / Jan 30	39,467.47
FTSE 100 / Jan 30	8,567.71
Germany DAX 30 / Jan 30	21,655.86

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 29	18,285
Gold 10 Grams PKR / Jan 29	247,513
Petrol/Litre / Jan 30	256.13
Crude Oil USD/Barrel / Jan 30	72.66
Gold Spot USD/Ounce / Jan 30	2,759.76
Diesel/Litre / Jan 30	260.95

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1