News Archives for Print - 2020-02-06

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Print - 2020-02-06

LIBOR interbank offered rates

London Interbank Offered Rates (LIBOR) on Wednesday (February 5, 2020).

Published 06 Feb, 2020 12:00am

LME official prices

The following were Tuesday official prices.

Published 06 Feb, 2020 12:00am

The Weather

The weather report on Wednesday (February 5, 2020) and the forecast for Thursday (February 6, 2020).

Published 06 Feb, 2020 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 06 Feb, 2020 12:00am

Commodities

US MIDDAY: Gold rebounds on bargain hunting

Gold rose on Wednesday on bargain hunting, reversing course from a two-week low touched earlier, as investors latched on to the metal's overall uptrend on the back of a low interest rate environment globally and lingering uncertainties.

Published 06 Feb, 2020 12:00am

Commodities

Tokyo rubber rises

Tokyo Commodity Exchange (TOCOM) futures inched higher on Wednesday as a rally in Shanghai futures helped improve investor sentiment. TOCOM's rubber contract for July delivery finished 0.3 yen higher at 175.0 yen ($1.60) per kg. The most-active rubber con

Published 06 Feb, 2020 12:00am

Commodities

Gold steadies in Europe

Gold prices steadied after touching their lowest in two weeks on Wednesday, as reports of drug breakthroughs in treating the coronavirus lifted European shares and dented some of bullion's safe haven appeal. Spot gold was little changed at $1,551.97 per o

Published 06 Feb, 2020 12:00am

Commodities

Gold gains in Asia

Gold prices rose on Wednesday, recovering from a sharp drop in the previous session, as safe-haven demand was boosted by worries over a fast-spreading coronavirus outbreak in China. Spot gold gained 0.6% to $1,561.62 per ounce by 0801 GMT, after declining

Published 06 Feb, 2020 12:00am

Commodities

Raw sugar steadies, arabica coffee down

Raw sugar futures on ICE steadied on Wednesday, having hit a two-year high in the previous session on dwindling output, while arabica coffee sank to a three-month low. March raw sugar ??was down 0.01 cents, or 0.1%, at 14.71 cents per lb by 1539 GMT, havi

Published 06 Feb, 2020 12:00am

Commodities

Palm oil jumps five percent

Malaysian palm oil futures rebounded from last week's sharp fall with a 5.1% jump on Wednesday, lifted by expectations of a steep drop in January production and strength in rival soyaoil. The benchmark palm oil contract for April delivery on the Bursa Mal

Published 06 Feb, 2020 12:00am

Commodities

Copper jumps to one-week high

Copper prices rebounded to their highest level in more than a week on Wednesday as investors unwound bearish positions after the central bank in China, the world's biggest metals consumer, pumped stimulus into its economy.

Published 06 Feb, 2020 12:00am

Cotton & Textile

UN sees 'major progress' on forced labour in Uzbek cotton harvest

Uzbekistan made "major progress" on stamping out forced labour in its cotton harvest last year, when 94% of pickers worked voluntarily, the United Nations said on Wednesday.

Published 06 Feb, 2020 12:00am

Global Business Economy

US trade deficit narrows for first time in six years

The US trade deficit fell for the first time in six years in 2019 as the White House's trade war with China curbed the import bill, keeping the economy on a moderate growth path despite a slowdown in consumer spending and weak business investment.

Published 06 Feb, 2020 12:00am

Money & Banking

IMF, Argentina and Pope talk about debt crisis

Argentina on Wednesday told the International Monetary fund that Buenos Aires cannot continue servicing unsustainable debt, as the IMF encouraged it to enact efficient restructuring policies. IMF Managing Director Kristalina Georgieva and Argentine Econom

Published 06 Feb, 2020 12:00am

Telecommunication

Vodafone takes 200 million euro hit from Huawei 5G curbs

British telecoms giant Vodafone revealed Wednesday that it would cost about 200 million euros ($221 million) over five years to remove controversial Chinese group Huawei's equipment from core 5G European activities. "We have now decided, as a result of th

Published 06 Feb, 2020 12:00am

Energy

Libya says almost $1 billion lost in oil blockade

Libya has lost almost one billion dollars in revenues since a blockade of its most vital oil export facilities led to a slump in production, the National Oil Company said Wednesday. Groups allied to military strongman Khalifa Haftar launched their blockad

Published 06 Feb, 2020 12:00am

Global Business Economy

Walt Disney results lifted by 'Star Wars,' 'Frozen'

Walt Disney Co. on Tuesday delivered better-than-expected results in the past quarter, fueled by box office hits from its latest "Star Wars" and "Frozen" films and a strong response to its new Disney+ streaming service Profits in the three months leading

Published 06 Feb, 2020 12:00am

Global Business Economy

Canada posts sharply lower trade deficit

Canada's trade deficit fell sharply in December to Can$370 million (US$278 million) as oil exports rebounded, the government statistical agency said Wednesday. The deficit narrowed from Can$1.2 billion the previous month, when disruptions in rail and pipe

Published 06 Feb, 2020 12:00am

Global Business Economy

Venezuela 2019 inflation close to 10,000 percent

Inflation reached almost 10,000 percent in crisis-hit Venezuela in 2019, according to official government statistics, a figure well below the International Monetary Fund prediction of 200,000 percent but still a source of grinding hardship.

Published 06 Feb, 2020 12:00am

Energy

US sees Cyprus as key player in east Mediterranean energy

Washington sees Cyprus as a key player in eastern Mediterranean energy supplies, a visiting senior US official said Wednesday, while warning against further instability in the region as tensions rise over Turkey's drilling activities off the divided islan

Published 06 Feb, 2020 12:00am

Global Business Economy

Alarm over BBC future as UK proposes fee changes

The British government on Wednesday announced plans to stop prosecuting people who do not pay the BBC's compulsory subscription fee, sparking concerns about the broadcaster's future funding. Culture Secretary Nicky Morgan said that in an era of streaming

Published 06 Feb, 2020 12:00am

Global Business Economy

UK regulator bans Ryanair's 'misleading' green adverts

A British regulator on Wednesday banned advertisements by Ryanair that gave "misleading" claims over the Irish airline's "low" level of carbon emissions - a move welcomed by environmental campaigners. The Advertising Standards Authority (ASA) ruled that t

Published 06 Feb, 2020 12:00am

Global Business Economy

General Motors says labour strike led to $194 million 4Q loss

General Motors reported a fourth-quarter loss on Wednesday due to a lengthy labour strike in the United States, while projecting lower 2020 industrywide sales in the US and China. The US auto giant said a 40-day strike that shuttered US factories dented f

Published 06 Feb, 2020 12:00am

Global Business Economy

German car sales plunge

German car sales fell sharply in January, official data showed Wednesday, hit by the coming into force of new EU pollution rules which had triggered a buying frenzy in the final months of 2019. A total of 246,300 new cars hit the road last month, down 7.3

Published 06 Feb, 2020 12:00am

Imran, Mahathir agree to take strategic partnership to the next level

Prime Minister Imran Khan and his Malaysian counterpart Mahathir Mohammad have agreed that the strategic partnership status is a testament to the new level of bilateral cooperation between the two countries in various fields, and entails further engagemen

Published 06 Feb, 2020 12:00am

Sindh reports third polio case of 2020

The Emergency Operation Centre (EOC) for polio in Sindh here on Wednesday confirmed one new polio case for the year 2020 from UC Jamal in Kashmore District. This takes the total tally of Sindh to 3 and Pakistan to 8 for the year 2020, said EmOC spokesman

Published 06 Feb, 2020 12:00am

Annual Spring Festival

Parks & Horticulture Authority (PHA) has finalized 20 programmes in connection with Annual Spring Festival. Director General PHA Muzaffar Khan presided over a meeting where a detailed review of these programmes was conducted by the participants. He said P

Published 06 Feb, 2020 12:00am

Services sector needs attention: ACCA country head

ACCA Country Head Sajjeed Aslam has said that the combination of technology and talent available in the country definitely suggests that Pakistan should focus on services sector. "There are over 200 multinational companies working in Pakistan with close t

Published 06 Feb, 2020 12:00am

Ahmed Zeb wins KPK Kashmir Day Cycle Race

Ahmed Zeb clinched the trophy of the Khyber Pakhtunkhwa Kashmir Solidarity Day Cycling Race organized by Khyber Pakhtunkhwa Cycling Association to express solidarity with the people of occupied Kashmir.

Published 06 Feb, 2020 12:00am

Other

Tokyo Olympic boss 'extremely worried' about deadly virus

The chief executive officer of the Tokyo Olympics admitted Wednesday that organisers are "extremely worried" about the possible effect of the deadly new coronavirus on this summer's Games. Toshiro Muto said he hoped the outbreak in China would be quickly

Published 06 Feb, 2020 12:00am

Cricket

ICC confirms match officials for Rawalpindi Test

Former West Indian cricketer Richie Richardson is set to return to Pakistan as a match referee, to officiate the ICC World Test Championship fixture between Pakistan and Bangladesh, which commences on Friday (February 7), in Rawalpindi as the ICC confirme

Updated 06 Feb, 2020 11:21pm

Cricket

PCB chief pays surprise visit to Arbab Niaz Stadium, inspects standard, facilities

Chairman Pakistan Cricket Board Ehsan Mani on Wednesday paid a surprise visit to Arbab Niaz Cricket Stadium and inspected the ongoing reconstructing work to make it according to international need with all facilities costing Rs 1.70billion.

Updated 06 Feb, 2020 11:21pm

Cricket

Taylor-made victory as Black Caps down India

An unbeaten century from veteran batsman Ross Taylor powered New Zealand to a stunning four-wicket win over India in the first one-day international in Hamilton on Wednesday. The hosts completed the second highest run chase in their history to finish on 3

Published 06 Feb, 2020 12:00am

In Spain, poverty blights 1 in 4 families with children: study

More than a quarter of all families with children in Spain are living in poverty, with most of them in three-generation households, a Save the Children study showed Wednesday. Entitled "Families at Risk", the report was based on a detailed examination of

Published 06 Feb, 2020 12:00am

Global Business Economy

Qatar Airways bids to acquire RwandaAir stake

Qatar Airways is negotiating to acquire 49 percent of RwandaAir, the national carrier of the central African nation, to cater for growing demand in Africa, its chief said Wednesday.

Published 06 Feb, 2020 12:00am

Global Business Economy

Turkmenistan to spend $1.5 billion on new city

Turkmenistan is to spend around $1.5 billion to build a new city whose construction will be overseen by the son of the isolated country's all-powerful leader.

Published 06 Feb, 2020 12:00am

Global Business Economy

Spotify increases subscribers but widens net loss in 2019

Music streaming service Spotify reported Wednesday a bigger net loss in 2019, driven by aggressive investing, but said it had more active users and paying subscribers. At the end of 2019 Spotify's number of monthly active users had grown to 271 million, a

Published 06 Feb, 2020 12:00am

Money & Banking

Danske Bank net profit rises but investors unimpressed

The biggest Danish bank, Danske Bank, posted Wednesday a one percent increase in annual net profit, but investors were not impressed and sold shares in the scandal-hit lender.

Published 06 Feb, 2020 12:00am

Global Business Economy

Eurozone business activity started 2020 on more solid ground

Eurozone business activity accelerated last month, a survey showed on Wednesday, the latest piece of evidence to suggest the worst may be over for the bloc's economy.

Published 06 Feb, 2020 12:00am

Global Business Economy

GSK to lay off 720 workers in Belgium

British pharmaceutical giant GSK plans to cut up to 720 mainly senior jobs from its vaccine division in Belgium and not renew 215 temporary contracts, it said Wednesday.

Published 06 Feb, 2020 12:00am

Stocks

Wednesday's early trade: Wall Street rises for third straight day

Wall Street rallied for a third straight day on Wednesday after a clutch of positive data painted a stronger picture of the US economy but the Nasdaq pulled back from record levels as losses in Tesla shares weighed.

Published 06 Feb, 2020 12:00am

Stocks

Major Gulf markets steady

Major Gulf stock markets were steady in quiet trade on Wednesday, while oil giant Saudi Aramco extended losses and hit its lowest mark since it began trading. Saudi Arabia's benchmark index declined 0.5% with Samba Financial Group shedding 2.3%, and shopp

Published 06 Feb, 2020 12:00am

Stocks

Tokyo stocks move up

Japanese shares rose on Wednesday as a Wall Street rally and weaker yen boosted investor sentiment, although worries over the fast-spreading coronavirus outbreak capped gains. The benchmark Nikkei average rose 1% to 23,319.56, while the broader Topix also

Published 06 Feb, 2020 12:00am

Stocks

Coronavirus vaccine hopes guide UK stocks up

UK shares got a shot in the arm on Wednesday after media reports that scientists had developed a drug against the China-linked coronavirus, though Imperial Brands and GlaxoSmithKline missed out after downbeat financial updates. The FTSE 100 overturned ear

Published 06 Feb, 2020 12:00am

Stocks

European shares climb

A clutch of upbeat earnings and reports of progress in treatment for the fast-spreading coronavirus helped to push European shares towards record highs on Wednesday. Drugmaker Novo Nordisk rose 4.6% and industrial company Valmet and chipmaker Infineon bot

Published 06 Feb, 2020 12:00am

Stocks

China stocks rise on policy hopes; start-ups lead

China stocks climbed on Wednesday as investors bet on further policy support from Beijing to offset the impact of a fast-spreading new coronavirus, with start-ups leading the gains. At the close, the Shanghai Composite index was up 1.3% at 2,818.09, movin

Published 06 Feb, 2020 12:00am

Money & Banking

Most Asian currencies fall

The Singapore dollar skidded to a near four-month low on Wednesday, leading losses among Asian currencies as markets increasingly priced in chances of rate cuts by central banks in the region to limit an economic hit from a virus outbreak.

Published 06 Feb, 2020 12:00am

Money & Banking

Aussie, kiwi steady

The Australian dollar got a helping hand on Wednesday while bonds took a beating as the country's top central banker said there were risks to cutting rates again, forcing markets to scale back wagers on an easing anytime soon.

Published 06 Feb, 2020 12:00am

Money & Banking

Aussie, Norwegian crown jump in Europe

The Australian dollar hopped half a percent higher on Wednesday and the Norwegian crown advanced, as reports of medical breakthroughs in the fight against the new coronavirus boosted growth-linked currencies. Media reported that a Chinese university had f

Published 06 Feb, 2020 12:00am

Money & Banking

Early trade in New York: Dollar gains against yen, Swiss franc

The dollar gained against the safe-haven yen and Swiss franc on Wednesday, as risk appetite rose on reports of a possible treatment for the new coronavirus out of China that has gripped the world and caused major disruptions among global businesses.

Published 06 Feb, 2020 12:00am

Money & Banking

Dollar rises against yen in Asia

The dollar held gains against the safe-haven yen on Wednesday as China's response to the coronavirus outbreak raised hopes it could be contained, even as the death toll rose sharply.

Published 06 Feb, 2020 12:00am

Money & Banking

Sterling falls against dollar

The pound fell nearly 0.5% to below $1.30 on Wednesday, pushed down by a stronger dollar following better-than-expected US jobs data. US private-sector payrolls surprised analysts and rose 291,000 in January, much more than the 156,000 new jobs expected,

Published 06 Feb, 2020 12:00am

Erdogan warns Syria to back off from Turkish outposts

Ankara demanded on Wednesday that Damascus pull back from Turkish-manned posts in Syria's last rebel enclave, after deadly clashes this week triggered plans for emergency UN talks.

Published 06 Feb, 2020 12:00am

First Palestinian killed in protests against Trump peace plan

A Palestinian teenager was shot dead by Israeli troops on Wednesday in the West Bank city of Hebron, the first Palestinian killed in protests against US President Donald Trump's Middle East peace plan.

Published 06 Feb, 2020 12:00am

Romania government falls after three months

Romania's pro-European government collapsed in a parliamentary no-confidence vote on Wednesday after only three months in office, bringing the EU member closer to early elections.

Published 06 Feb, 2020 12:00am

Tim the Elephant, one of Africa's last 'giant tuskers', dies

Big Tim, a beloved elephant who was one of Africa's last giant "tuskers", has died, the Kenya Wildlife Service (KWS) said on Wednesday.

Published 06 Feb, 2020 12:00am

Global Business Economy

Record year for Morocco tourism with 13 million visitors

A record 13 million tourists visited Morocco in 2019, up 5.2 percent from the previous year, official figures showed Wednesday. The number includes Moroccans from the diaspora, who account for around half of visitors annually.

Published 06 Feb, 2020 12:00am

Money & Banking

World Bank chief economist announces resignation

World Bank chief economist Pinelopi Koujianou Goldberg on Wednesday announced she will be leaving the institution, according to a letter sent to colleagues and obtained by AFP.

Published 06 Feb, 2020 12:00am

IT & Computers

Google says glitch sent people's videos to strangers

Google on Tuesday said that a software glitch resulted in some Photo app smartphone videos being given to the wrong people. Google was notifying those who may have been affected. "We are very sorry this happened," Google said in reply to an AFP inquiry.

Published 06 Feb, 2020 12:00am

IT & Computers

CERN physics lab drops Facebook over data concerns

Europe's physics lab CERN on Wednesday said it had stopped using a Facebook team-chat application because of concerns about handing over data to the US tech giant.

Published 06 Feb, 2020 12:00am

EU tightens entry process for Balkan countries

The European Commission proposed a tougher and more political admissions process for new member states Wednesday, in a concession to France which could revive membership hopes for Albania and North Macedonia.

Published 06 Feb, 2020 12:00am

Venezuela government blasts Trump's 'violent threats'

Venezuela's government on Wednesday accused US President Donald Trump of "violent threats" after he said socialist leader Nicolas Maduro's regime would be "smashed and broken" during his annual address to Congress.

Published 06 Feb, 2020 12:00am

US tests ICBM as it works to overhaul aging weaponry

The United States on Wednesday tested an unarmed Minuteman III intercontinental ballistic missile with a new kind of re-entry vehicle as it seeks to modernize aging surface-to-air weapons.

Published 06 Feb, 2020 12:00am

Sudan army agrees Burhan-Netanyahu meeting will boost security

Sudan's military announced Wednesday it backed a surprise meeting held between the country's leader and Israel's premier in Uganda this week, saying the opening would help boost national security.

Published 06 Feb, 2020 12:00am

Kenya leader warns against US, China rivalry in Africa

Kenya's president said Wednesday that African nations should be free to cooperate with both the United States and China, warning that foreign powers were exacerbating the continent's divisions.

Published 06 Feb, 2020 12:00am

Brief Recordings

Macpac Films Limited

Macpac Films Limited (PSX: MACFL) was established in 1993 and began production two years later in 1995. It operates in the plastic packaging industry; the company's product portfolio constitutes plain films used for lamination, bag-making etc,; heat-seala

Updated 06 Feb, 2020 05:21am

Foreign currency & gold: Intelligence-based operations to be conducted to combat smuggling

All intelligence/law enforcement agencies including customs would conduct intelligence-based operations to check smuggling of huge currency and gold cases at land border stations, airports and Pak-Afghan border following information received by Border Tas

Published 06 Feb, 2020 12:00am

Business & Economy

FPCCI urges government not to increase gas tariffs

President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Mian Anjum Nisar has urged the government to withdraw the proposal of increase in gas tariff otherwise; industry will start closing down which will ultimately result in unemployme

Published 06 Feb, 2020 12:00am

Sugarcane sowing modern technology introduced in KP

Secretary Agriculture, Khyber Pakhtunkhwa Israrullah Khan has said that a modern technology for the sowing of sugarcane has been introduced that will not only save time but will also improve the life standard of farmers.

Published 06 Feb, 2020 12:00am

Energy

Ogra clarification

The Oil and Gas Regulatory Authority (Ogra) clarified on Wednesday that the incumbent Member Gas advised streamlining the regulatory framework to pave the way for bringing all LPG bowers into regulatory network.

Published 06 Feb, 2020 12:00am

Energy

Oil prices jump 2 percent as virus vaccine reports spur hope

Oil prices jumped about 2% on Wednesday on media reports that suggested scientists were developing a vaccine for the fast-spreading coronavirus, even as world health experts said treatments have not yet been found.

Published 06 Feb, 2020 12:00am

Pakistan embassy in Tehran marks 'Kashmir Solidarity Day'

The Embassy of Pakistan, Tehran arranged a ceremony on Wednesday in Tehran to observe solidarity with the innocent Kashmiris of the Indian Occupied Kashmir who were subjected to worst kind of brutalities by Indian forces and denied their right to self-det

Published 06 Feb, 2020 12:00am

Articles

Partly Facetious : That reminds me of MPS

"I would sincerely request Prime Minister Khan to become my ambassador."

Published 06 Feb, 2020 12:00am

'Kashmir Solidarity Day' marked at SU

A gigantic rally led by VC SU Prof Dr Fateh Muhammad Burfat, pro vice chancellors, focal persons, deans, academic and administrative heads, faculty, officers, employees and students marked Kashmir Solidarity Day in a monumental manner at SU main campus at

Published 06 Feb, 2020 12:00am

JI forms massive human chain to express solidarity with Kashmiris

Jamaat-e-Islami (JI) Karachi formed a 20 kilometers long human chain at Shahrah-e-Faisal to express solidarity with the people of occupied Jammu and Kashmir.

Published 06 Feb, 2020 12:00am

Sindh government supports Kashmiris' struggle for independence: minister

The Provincial minister for Human Settlements and Special Development Ghulam Murtaza Baloch has said that the Sindh government and the people are standing with their Kashmiri brothers in the cause of independence and strongly condemn the Indian army's opp

Published 06 Feb, 2020 12:00am

Telecommunication

PTA clarification

Apropos a news item titled "Imported Cellphones: Experts Underscore Need for Revision of Tax Slabs" which was published in Business Recorder on 4th February 2020, it is clarified that the news item presents a skewed and incorrect image of the Devic

Published 06 Feb, 2020 12:00am

Cotton & Textile

Bed-wear textiles posts 3.16 percent export growth

Pakistan's bed-wear textiles posted 3.16 percent export growth to $1.197 billion during July-Dec 2019-20, official figures say. Increase in home textiles export stands at $36.703 million in July-Dec 2019-20 from $1.161 billion in July-Dec 2018-19, Pakista

Published 06 Feb, 2020 12:00am

Sindh CM describes Modi as 'butcher of Gujarat'

Sindh Chief Minister Syed Murad Ali Shah Wednesday said the 'butcher of Gujarat' has unleashed genocide in occupied Kashmir, therefore a case of war crime should be filed against in him in the International Court of Justice.

Published 06 Feb, 2020 12:00am

Business & Economy

KCCI chief underscores need for exploring tourism potential

President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan was of the opinion that this was right time that the decision makers and authorities in Islamabad must devise effective strategies on top priority to highlight the trade and in

Published 06 Feb, 2020 12:00am

PPP will always fight for Kashmiris: Bilawal

Like other parts of the country, the Kashmir Solidarity Day was observed in Karachi with renewed commitment to continue unwavering support to the Kashmiris fighting for their right to self determination.

Published 06 Feb, 2020 12:00am

Traffic laws: NKATI launches three-day awareness drive

North Karachi Association of Trade and Industry (NKATI) has launched a three-day awareness campaign for the workers of industrial area to comply with traffic laws, which will continue from (today) February 6 to February 8, 2020.

Published 06 Feb, 2020 12:00am

'Kashmir is Pakistan and Pakistan is Kashmir': Sarwar

Punjab Governor Chaudhry Mohammad Sarwar said on Wednesday that Kashmir issue should be settled in accordance with United Nations resolutions and no other solution will be acceptable and also rejected US President Donald Trump's formula for resolving Pale

Published 06 Feb, 2020 12:00am

Traffic movement suspended on highways

Traffic halted at different city roads and highways for expressing the solidarity with Kashmiri brothers and people came out from their workplaces, offices, trade bodies, factories and commercial centres for solidarity on Wednesday morning.

Published 06 Feb, 2020 12:00am

Agriculture department & EPD take out rallies

Departments of the Agriculture and Environment Protection Department (EPD) separately took out rallies in the provincial metropolis on Wednesday to express solidarity with the Kashmiri brethren and to raise voice for their right of self-determination.

Published 06 Feb, 2020 12:00am

PIAF condemns lockdown of IOK

The Pakistan Industrial and Traders Associations Front (PIAF) has strongly condemned the lockdown of occupied Kashmir by India, which has entered the 185th day on February05, 2020.

Published 06 Feb, 2020 12:00am

Governments criticised for failing to deal with locust challenge

Expressing extreme dismay over the failure of the federal and provincial governments to control locust swarm, Farmers Bureau of Pakistan (FBP) has demanded the resignation of Federal Minister for Food Security and Provincial Agriculture Ministers especial

Published 06 Feb, 2020 12:00am

'Kashmir Solidarity Day' marked in Lahore, other cities

Kashmir Solidarity Day was observed on Wednesday with a renewed pledge to continue extending wholehearted support to the just struggle of Kashmiri people for their inalienable right to self-determination under United Nations resolutions, amid slogan of "K

Published 06 Feb, 2020 12:00am

Business & Economy

FCCI's JAC satisfied with results of protest movement

Joint Action Committee (JAC) of the Business Community of Faisalabad has expressed satisfaction over the results of their protest movement against increase in energy prices, withdrawal of zero rating facility, imposing 17 percent sales tax and mandatory p

Published 06 Feb, 2020 12:00am

Over 2,000 cops deployed across Lahore

The Punjab police deployed over 2,000 police personnel in the provincial capital to ensure foolproof security during the Kashmir Day on Wednesday.

Published 06 Feb, 2020 12:00am

Kashmir Day: Politicians, students, others form human chains to express support for greater cause

The politicians, civil society, students and people belonging to all walks of life came out in droves on streets in twin cities of Rawalpindi and Islamabad and participated in rallies and make human chains on the occasion of Kashmir Solidarity Day observe

Published 06 Feb, 2020 12:00am

Minister of state for climate change boycotts function at Presidency

Zartaj Gul was known - among masses - a very ordinary woman. She was trumpeted an emerging face of grassroots women leadership by Pakistan Tehreek-e-Insaf (PTI). Both allergic and fed up of feudal lords who ruled the area for several decades, the innocent

Published 06 Feb, 2020 12:00am

Qureshi describes Modi's August 5 actions as attack on identity of Kashmiris people

Minister for Foreign Affairs Shah Mahmood Qureshi Wednesday said that every passing second on the curfew clock depicting the lock down in the Indian Occupied Jammu and Kashmir since August 5 last was a burden on the world's collective conscience.

Published 06 Feb, 2020 12:00am

Kasuri for 'strategic' communication on Kashmir issue

Former foreign minister of Pakistan Khurshid Mehmood Kasuri said on Wednesday that role of General Assembly has not been effective. Security Council is more powerful. There is a need of strategic communication on Kashmir issue.

Published 06 Feb, 2020 12:00am

Support to Kashmiris AJK PM expresses gratitude

Azad Jammu and Kashmir (AJK) Prime Minister Raja Farooq Haider Khan on Wednesday expressed profound gratitude to Pakistani nation and government for extending unwavering support to the oppressed Kashmiris by observing "Solidarity Day" in befitting manners

Published 06 Feb, 2020 12:00am

KC-EU holds candlelight vigil in Belgian capital

The Kashmir Council-European Union (KC-EU) on Wednesday organised a candlelight vigil in the Belgian capital in order to express solidarity with oppressed people of occupied Kashmir.

Published 06 Feb, 2020 12:00am

Firdous addresses rally taken out by women

Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan Wednesday said the Pakistani women from all walks of life organised a rally in Islamabad to express solidarity with their brave sisters and children of the India

Published 06 Feb, 2020 12:00am

Iranian envoy rules out any talks with US

Iran's Ambassador to Pakistan Mohammad Ali Hosseini rules out any talks with the US due to ongoing economic and state terrorism against the brave nation of Iran. Mohammad Ali Hosseini made the remarks as a keynote speaker at seminar on "41st Anniversary o

Published 06 Feb, 2020 12:00am

Usage of seized cocaine & drugs for making medicines: Afridi stands by his statement

State Minister Shehryar Afridi on Wednesday stood by his statement regarding usage of cocaine and other drugs for manufacturing medicines, saying that all developed countries follow this practice.

Published 06 Feb, 2020 12:00am

Minister commends efforts of Shifa International Hospital

Around 9.6 million people die each year worldwide from cancer, more deaths than those caused by HIV/ AIDS, malaria and tuberculosis combined. If we do not act; World Health Organisation experts project cancer deaths to rise to 13 million by 2030.

Published 06 Feb, 2020 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 12	281.63
USD PKR Interbank Buying / May 12	281.43
USD to Japanese Yen / May 12	145.91
USD to Swiss Franc / May 12	0.83
Pound Sterling to USD / May 12	1.33
Euro to USD / May 12	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
Nasdaq / May 9	17,928.92
Dow Jones / May 9	41,249.38
India Sensex / May 12	81,746.51
Tokyo Nikkei / May 12	37,643.20
Hang Seng / May 12	23,174.79
FTSE 100 / May 12	8,559.54
Germany DAX 30 / May 12	23,721.61
France CAC40 / May 12	7,802.81

Item	Value
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Crude Oil USD/Barrel / May 12	61.81
Gold Spot USD/Ounce / May 12	3,279.94
Cotton US¢/pound / May 12	67.45
Petrol/Litre / May 13	252.63
Diesel/Litre / May 13	256.64

Gainers
Losers
Leaders

Stock	Price
Dewan Farooque Sp. / May 12 Dewan Farooque Spinning Mills Limited(DFSM)	3.08 ▲ 0.71 (29.96%)
Equity Modaraba / May 12 First Equity Modaraba(FEM)	3.17 ▲ 0.67 (26.8%)
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	4.99 ▲ 1 (25.06%)
Cresent Jute / May 12 Crescent Jute Products Limited(CJPL)	3.18 ▲ 0.58 (22.31%)
Media Times Ltd / May 12 Media Times Limited(MDTL)	1.84 ▲ 0.33 (21.85%)
Pace (Pak) Ltd. / May 12 Pace (Pakistan) Limited(PACE)	5.38 ▲ 0.96 (21.72%)
Chenab Ltd (Pref) / May 12 Chenab Limited (Pref)(CLCPS)	2.49 ▲ 0.44 (21.46%)
Al-Shaheer Corp / May 12 Al Shaheer Corporation Limited(ASC)	5.88 ▲ 1 (20.49%)
D.S. Ind. Ltd. / May 12 D.S. Industries Limited(DSIL)	4.64 ▲ 0.74 (18.97%)
Hira Textile / May 12 Hira Textile Mills Limited(HIRAT)	3.25 ▲ 0.51 (18.61%)

Stock	Price
Reliance Weaving / May 12 Reliance Weaving Mills Limited(REWM)	98.10 ▼ -10.9 (-10%)
Apna Microfin. / May 12 Apna Microfinance Bank Limited(AMBL)	9.90 ▼ -1.05 (-9.59%)
Shams Textile / May 12 Shams Textile Mills Limited(STML)	21.50 ▼ -2 (-8.51%)
Ellcot Spinning / May 12 Ellcot Spinning Mills Limited(ELSM)	103.20 ▼ -8.99 (-8.01%)
Suhail Jute / May 12 Suhail Jute Mills Limited(SUHJ)	80.01 ▼ -6.59 (-7.61%)
Din Tex. / May 12 Din Textile Mills Limited(DINT)	47 ▼ -2.99 (-5.98%)
Paramount Mod / May 12 First Paramount Modaraba(FPRM)	6.86 ▼ -0.42 (-5.77%)
Pak Paper Prod / May 12 Pakistan Paper Products Limited(PPP)	147.01 ▼ -7.1 (-4.61%)
Sakrand Sugar / May 12 Sakrand Sugar Mills Limited(SKRS)	11.80 ▼ -0.52 (-4.22%)
Ali Asghar / May 12 Ali Asghar Textile Mills Limited(AATM)	43 ▼ -1.87 (-4.17%)

Stock	Volume
K-Electric Ltd. / May 12 K-Electric Limited(KEL)	113,339,802 ▲ 0.55
At-Tahur Ltd. / May 12 At-Tahur Limited(PREMA)	75,586,776 ▲ 1.38
WorldCall Telecom / May 12 Worldcall Telecom Limited(WTL)	65,777,142 ▲ 0.15
Power Cement / May 12 Power Cement Limited(POWER)	38,991,042 ▲ 1.09
Cnergyico PK / May 12 Cnergyico PK Limited(CNERGY)	33,253,495 ▲ 1
B.O.Punjab / May 12 The Bank of Punjab(BOP)	30,799,662 ▲ 1
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	23,237,026 ▲ 1
Hub Power Co. / May 12 The Hub Power Company Limited(HUBC)	21,435,724 ▲ 12.58
Pak Int.Bulk / May 12 Pakistan International Bulk Terminal(PIBTL)	14,540,297 ▲ 1
Pace (Pak) Ltd. / May 12 Pace (Pakistan) Limited(PACE)	12,178,931 ▲ 0.96

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