News Archives for Print - 2020-03-09

The participants of Aurat Azadi March and activists of hardliner religious parties came face to face on Sunday after the latter started pelting stones on the former, compelling the left-wing rights activists to take the march to the D-Chowk with full-thro

Published 09 Mar, 2020 12:00am

Business & Economy

'Surge Laboratories one of the most promising pharmaceutical companies'

Surge Laboratories is one of the most promising pharmaceutical companies from Pakistan which has successfully qualified for the ICHQ-7 compliance audit, conducted by Rephine, UK and now preparing to launch and market its Microencapsulated APIs in EU, Cent

Published 09 Mar, 2020 12:00am

Pakistan

KP to set up water resources commission, regulatory authority

The provincial government of Khyber Pakhtunkhwa has introduced a draft legislative bill in the provincial assembly for establishment of water resources commission and water resources regulatory authority to manage, regulate water resources in the interest

Published 09 Mar, 2020 12:00am

Pakistan

Science ministry's budget enhanced up to 600 percent: Fawad

Federal Minister for Science and Technology Fawad Chaudhry has urged the government to review its priorities and said that his ministry is eyeing into an increase of science-related budget up to 1300 per cent.

Published 09 Mar, 2020 12:00am

Cotton & Textile

WEEKLY COTTON REVIEW: Business volume witness continuous decline

Cotton business volume witnessed continuous decline. Production of cotton decreased 20.26 percent. Import agreements of 50 lac cotton bales from abroad were signed.

Published 09 Mar, 2020 12:00am

Pakistan

International Women's Day marked

Like other parts of the country, AuratMarch was held in Karachi to mark the International Women's day on Sunday, with the demonstrators calling for socio-economic participation, minority rights, besides ending domestic violence, sexual harassment and forc

Published 09 Mar, 2020 12:00am

Prices of essential kitchen items witness slight increase

A nominal increase in prices of essential kitchen items, like vegetable, live chicken/meat, pulses, fruits, sugar and cow meat etc was witnessed in retail market, according to a survey carried out by Business Recorder here on Sunday.

Published 09 Mar, 2020 12:00am

Cricket

Dominant Australia crush India to win fifth T20 World Cup

A rampant Australia emphatically swept to their fifth women's Twenty20 World Cup title Sunday, crushing India by 85 runs in front of more than 86,000 fans at the Melbourne Cricket Ground.

Published 09 Mar, 2020 12:00am

Other

Paes's 30-year Davis Cup dream ends as Ecuador, Italy enjoy empty feeling

India's Leander Paes went down fighting as his dream of crowning his 30-year Davis Cup career with a place at the finals ended Saturday while Ecuador and Italy reached the November showpiece, triumphing in empty arenas locked down because of the coronavir

Published 09 Mar, 2020 12:00am

Cricket

Sri Lanka's Kusal Perera out of first Test against England

Wicketkeeper Kusal Perera will sit out the first Test against the visiting England due to a finger injury, Sri Lanka's cricket board said Sunday.

Published 09 Mar, 2020 12:00am

Cricket

Tamim named Bangladesh one-day captain

Bangladesh on Sunday named opening batsman Tamim Iqbal as captain of the national one-day side, replacing pace bowler Mashrafe Mortaza. Mashrafe stepped down as ODI captain this week after the third and final game of a three-match series against Zimbabwe.

Published 09 Mar, 2020 12:00am

Cricket

Afghanistan seals T20 series win against Ireland

Teenage spinner Mujeeb Ur Rahman took three wickets to help Afghanistan beat Ireland by 21 runs and claim an unassailable 2-0 series lead in the second Twenty20 international in India on Sunday.

Published 09 Mar, 2020 12:00am

Other

Large crowd turn up for Swat Snow Marathon

The first Swat Snow Marathon was organized at scenic Malam Jabba tourists resort, the other day.

Published 09 Mar, 2020 12:00am

Other

PM Imran Khan to open KP U-21 Games today

Prime Minister Imran Khan is formally inaugurating Khyber Pakhtunkhwa U-21 Games today (Monday) here at Qayyum Sports Complex Peshawar. Players from all 35 districts of Khyber Pakhtunkhwa are taking part in the games.

Published 09 Mar, 2020 12:00am

Other

Smith grabs 100 million backstroke gold at Des Moines meet

World record-holder Regan Smith clocked an impressive 58.18sec to win the 100m back stroke at the Pro Swim Series at Des Moines on Saturday, her second victory of the meet.

Published 09 Mar, 2020 12:00am

IT & Computers

Honeywell unveils plan for 'most powerful' quantum computer

US manufacturing and technology group Honeywell said Tuesday it will bring to market "the world's most powerful quantum computer" aimed at tackling complex scientific and business challenges.

Published 09 Mar, 2020 12:00am

IT & Computers

Google cancels developers gathering due to coronavirus

Google on March 03 cancelled its major annual gathering of software developers amid concerns over the deadly coronavirus. The internet giant said it nixed the festival-like event Google I/O event scheduled for May a short distance from the "Googleplex" in

Published 09 Mar, 2020 12:00am

IT & Computers

Americans wary of Facebook 'power,' survey shows

A large majority of Americans believe Facebook has "too much power" but many would be disappointed if the social networking giant disappeared, a survey showed Monday.

Published 09 Mar, 2020 12:00am

Telecommunication

AT&T partners with Google Cloud for 5G edge computing

AT&T Inc has partnered with Alphabet Inc's Google Cloud to use 5G edge computing technologies to help clients improve speed and increase security by running applications closer to end users.

Published 09 Mar, 2020 12:00am

Telecommunication

Huawei confident it will supply core network technology to European operators

Chinese telecom equipment maker Huawei is confident some European telecoms firms will choose it to provide 5G technology for their core networks, the firm's chief representative to the EU, Abraham Liu, told Reuters on Friday.

Published 09 Mar, 2020 12:00am

World

Air pollution 'pandemic' shortens lives by 3 years: study

A pandemic of air pollution shortens lives worldwide by nearly three years on average, and causes 8.8 million premature deaths annually, scientists said on Tuesday. Eliminating the toxic cocktail of molecules and lung-clogging particles cast off by burnin

Published 09 Mar, 2020 12:00am

World

'This is not a drill': WHO urges world to take virus more seriously

World health officials have warned that countries are not taking the coronavirus crisis seriously enough, as outbreaks surged across Europe and in the United States where medical workers sounded warnings over a "disturbing" lack of hospital preparedness.

Published 09 Mar, 2020 12:00am

World

Amazon, African forests turning from CO2 sink to source: study

The world's tropical forests are rapidly losing their ability to absorb carbon dioxide from greenhouse gas emissions, with the Amazon rainforest at risk of turning from carbon sink to source within 15 years, researchers warned Wednesday. Tropical forests

Published 09 Mar, 2020 12:00am

Global Business Economy

Investors fret over risks to US corporate credit as coronavirus spreads

Investors are growing increasingly worried that the spreading coronavirus will hit US corporate cash flow and credit in some sectors, especially if the outbreak keeps workers at home or prevents companies from paying employees.

Published 09 Mar, 2020 12:00am

Money & Banking

Banks may use some wiggle room in fight against virus

Banks in Europe and beyond could use some wiggle room in the fight against the coronavirus. The China-centred health crisis, which has spread to some 80 countries, risks creating an economic slump. Banks can help by relaxing credit terms for firms. But th

Published 09 Mar, 2020 12:00am

Telecommunication

Nokia CEO to step down, replaced by Fortum chief

Nokia's chief executive officer Rajeev Suri will leave the telecom equipment provider in September and be replaced by the current head of Finnish energy group Fortum, Nokia announced on Monday.

Published 09 Mar, 2020 12:00am

Global Business Economy

Flydubai reports full-year profit

United Arab Emirates carrier flydubai swung to a profit of 198.2 million dirham ($54 million) last year, helped by a compensation agreement with Boeing over the worldwide 737 MAX grounding.

Published 09 Mar, 2020 12:00am

Energy

PetroChina suspends some gas contracts as coronavirus hits demand

PetroChina has suspended some natural gas imports, including on liquefied natural gas (LNG) shipments and on gas imported via pipelines, as a seasonal plunge in demand adds to the impact on consumption from the coronavirus outbreak.

Published 09 Mar, 2020 12:00am

Telecommunication

Qualcomm says China virus poses threat to cellphone industry

Chip maker Qualcomm Inc said on Wednesday that the coronavirus outbreak in China poses a potential threat to the mobile phone industry, with a possible impact on manufacturing and sales.

Published 09 Mar, 2020 12:00am

Global Business Economy

Struggling Abu Dhabi's Etihad posts fourth year of losses

Abu Dhabi's struggling carrier Etihad on Thursday posted a $870 million loss for 2019, its fourth year in the red, and said its restructuring plan still has "some way to go".

Published 09 Mar, 2020 12:00am

Energy

Exxon CEO sticks to spending targets as oil prices tumble

Two years into an ambitious growth plan to revive earnings at the largest US oil company, Exxon Mobil said on Thursday it would stick to its plans to "lean in" to spending even as its rivals trim costs.

Published 09 Mar, 2020 12:00am

Global Business Economy

Coronavirus outbreak will slash global investment flows: UN

The rapid spread of the deadly new coronavirus is expected to take a serious toll on foreign direct investments worldwide, with UN economists forecasting a drop of up to 15 percent.

Published 09 Mar, 2020 12:00am

Global Business Economy

Czech PM calls on Italy to ban foreign travel

Czech Prime Minister Andrej Babis on Sunday urged Italy to ban its citizens from travelling abroad in a bid to stem the spread of the novel coronavirus that has led to a lockdown of one quarter of all Italians.

Published 09 Mar, 2020 12:00am

Global Business Economy

Berlin urges events with more than 1,000 be cancelled over virus

Fears over the spread of the coronavirus grew in Germany with the government Sunday calling for the cancellation of large events and preparing measures to prop up the sputtering economy. As cases in Europe's biggest economy reached close to 850, Health Mi

Published 09 Mar, 2020 12:00am

Global Business Economy

US financial regulators start contingency planning

US financial regulators are preparing contingency arrangements, including travel restrictions and home-working, to ensure they can effectively oversee the financial markets as the coronavirus closes in on the US capital.

Published 09 Mar, 2020 12:00am

Energy

Saudi Arabia to hike oil output above 10 million bpd in April

Saudi Arabia, the world's top oil exporter, plans to raise its crude oil production significantly above 10 million barrels per day (bpd) in April, after the collapse of the OPEC supply cut agreement with Russia, two sources told Reuters on Sunday.

Published 09 Mar, 2020 12:00am

Energy

Qatar Petroleum acquires Yara's 25 percent stake

Qatar Petroleum (QP) said on Sunday it had signed an agreement with Yara international to acquire its 25 percent stake in Qatar Fertiliser Company (QAFCO) for $1 billion, according to statements by both companies.

Published 09 Mar, 2020 12:00am

Stocks

Reshaped bond markets so far passing biggest liquidity test in a decade

Debt markets have so far passed their biggest test since the 2007-09 financial crisis, with liquidity remaining intact as concerns mount about the economic impact of the coronavirus, market experts say.

Published 09 Mar, 2020 12:00am

Global Business Economy

Tour buses idle as Thai economy takes gut punch from virus

Ranks of tourist buses idle under a burning sun while once-bustling theme parks lie empty - from above, striking images reveal the hollowing out of Thai tourism due to the effect of the new coronavirus.

Published 09 Mar, 2020 12:00am

Global Business Economy

Tesco to consider Thai bids for Asian assets

British retailer Tesco is set to assess bids by Thai billionaires for its Asian business on Sunday, a potential deal which could be worth just over $10 billion, four banking sources with knowledge of the matter said.

Published 09 Mar, 2020 12:00am

Global Business Economy

Emirates expects coronavirus to impact financial performance

Emirates airline expects its financial performance to be impacted by the coronavirus outbreak that has led to a global drop in air travel, according to an internal notice seen by Reuters.

Published 09 Mar, 2020 12:00am

Global Business Economy

Tunisia cuts 2020 growth forecast

Tunisia has cut its economic growth forecast for this year to 1% from the 2.7% envisaged in the 2020 budget, Prime Minister Elyess Fakhfakh said on Sunday, as the vital tourism sector faces a strong threat due to the coronavirus crisis. He told the local

Published 09 Mar, 2020 12:00am

Stocks

Middle East stock markets plummet after OPEC deal collapses

Stock markets in the Middle East fell sharply on Sunday, with Saudi Arabia's index hitting a more than three-year low, after the Organization of the Petroleum Exporting Countries' (OPEC) pact with Russia to curb oil output fell apart on Friday.

Published 09 Mar, 2020 12:00am

Stocks

Global funds cut equity exposure in turbulent February, eye virus risk

Global funds changed course in February and recommended a cut to equity allocations in their model balanced portfolio after taking them to a two-year high in January, instead suggesting an increase in bond holdings, Reuters polls showed.

Published 09 Mar, 2020 12:00am

Money & Banking

Funds ramp up bets against Brazil's real

Funds and speculators on US futures markets increased their bearish bets against the Brazilian real for the seventh week in a row, data showed on Friday, the same day the currency registered its biggest weekly fall since November.

Published 09 Mar, 2020 12:00am

Stocks

London-based fund offers to buy Venezuela bonds

A London-based fund is offering to buy Venezuelan bonds at heavy discounts, as the government remains in default and US sanctions block some investors from trading the debt, according to three sources and a document seen by Reuters.

Published 09 Mar, 2020 12:00am

Money & Banking

Is it a currency? A commodity? Bitcoin has an identity crisis

So bitcoin's a currency, right? Well, yes, it can be used to buy, sell and price goods much like dollars and euros. A commodity? Come to think of it, it does behave a lot like oil and gold - it can be bought and sold in cash markets or via derivatives suc

Published 09 Mar, 2020 12:00am

Money & Banking

Mexico FX to stay on defensive

Mexico's peso is seen vulnerable to further slumps with the US election campaign in focus after ending the first quarter on a bad note due to fears over the coronavirus outbreak, a Reuters poll showed.

Published 09 Mar, 2020 12:00am

Stocks

US stocks to rise, but virus, presidential race pose risks

The US stock market is likely to rack up solid gains this year, but it's vulnerable to a correction if the effect of the coronavirus outbreak worsens or the US presidential race rattles investors, according to strategists in a Reuters poll.

Published 09 Mar, 2020 12:00am

World

US, Brazil sign agreement enabling military sales

Brazil's President Jair Bolsonaro on Sunday visited the US Southern Command, where he signed a defense agreement with the United States enabling joint development of military capabilities, officials said.

Published 09 Mar, 2020 12:00am

World

Johnson faces probe over luxury holiday

Britain's parliamentary watchdog is investigating Prime Minister Boris Johnson amid questions over who paid for his recent Caribbean holiday, it was reported Sunday.

Published 09 Mar, 2020 12:00am

World

Pope voices support for virus victims in livestream message

Pope Francis expressed solidarity on Sunday with the victims of the novel coronavirus in his first livestreamed prayer from the Vatican.

Published 09 Mar, 2020 12:00am

World

South Korea reports lowest new virus infections in days

Hundreds of churches across South Korea closed their doors Sunday and held online services as the country reported its lowest number of new coronavirus cases in more than a week.

Published 09 Mar, 2020 12:00am

World

Avalanche kills five people in Austria

A large avalanche swept five people to their deaths on a mountain in Upper Austria on Sunday, police said.

Published 09 Mar, 2020 12:00am

World

Ethiopians mourn Boeing MAX crash victims a year on from disaster

Hundreds gathered Sunday at the site where Ethiopian Airlines Flight 302 crashed last March, killing all 157 on board, for a ceremony symbolising the country's emergence from a year-long period of mourning.

Published 09 Mar, 2020 12:00am

World

Egypt Nile cruise ship docks, 45 virus suspects isolated

Egyptian crew and foreign passengers on a Nile cruise ship on which 45 suspected novel coronavirus cases had been detected disembarked Sunday in the southern city of Luxor.

Published 09 Mar, 2020 12:00am

World

Senior Al-Shabaab commander dies in US strike: Africom

A senior Al-Shabaab commander was killed in a recent US air strike in Somalia, the director of US African Command (Africom) said Sunday.

Published 09 Mar, 2020 12:00am

World

Bomb-making materials seized by Hong Kong police

A "bomb-making factory" in Hong Kong with 2.6 tonnes of chemicals was raided by police on Sunday and 17 people arrested over a plot to force the city's government to close its border with mainland China.

Published 09 Mar, 2020 12:00am

World

Greece to extend border fence over migration surge: official

Greece will extend its fence on the border with Turkey, a government source said Sunday, amid continuing efforts by migrants to break through in a surge enabled by Ankara.

Published 09 Mar, 2020 12:00am

World

Aid groups move to block virus outbreak in Syria rebel pocket

Aid agencies are moving to prevent a novel coronavirus outbreak in war-torn northwestern Syria, where devastated health infrastructure and massive displacement make containment a nearly impossible task. Syria has not yet confirmed any coronavirus cases, b

Published 09 Mar, 2020 12:00am

World

Trump defiant as White House is rebuked for coronavirus 'mess'

President Donald Trump defended the "perfectly coordinated" US response to the coronavirus epidemic Sunday amid heavy criticism over health cuts and strategic blunders that have failed to stem its rapid spread.

Published 09 Mar, 2020 12:00am

World

Erdogan says will hold EU talks in Brussels

Turkish President Recep Tayyip Erdogan said he will hold talks in Brussels Monday as he called on Greece to "open the gates" for migrants at Turkey's border trying to get to Europe.

Published 09 Mar, 2020 12:00am

Energy

Certain powers don't wish to see peace in Afghanistan: Qureshi

Foreign Minister Shah Mahmood Qureshi says there are certain powers that do not want to see peace prevail in Afghanistan.

Published 09 Mar, 2020 12:00am

Prices of various essential commodities fixed

The district administration has fixed the prices of various essential commodities for the general market in consultation with wholesale retailers, vendors and consumer representatives and the prices have been reduced of Basin and some pulses.

Published 09 Mar, 2020 12:00am

Business & Economy

PM urged to resolve issue of ST refunds through 'FASTER' system

Exporters have appealed to Prime Minister Imran Khan to immediately intervene to resolve the critical issue of refund payments through the 'FASTER' system by creating a dedicated account for sales tax refunds.

Published 09 Mar, 2020 12:00am

Pakistan

Golimar tragedy: Death toll rises to 27 as five more bodies recovered

Five more bodies were recovered on Sunday evening from the debris of a building that fell in Karachi's Golimar area earlier this week, bringing the death toll to 27.

Published 09 Mar, 2020 12:00am

Pakistan

Shopkeeper held for selling face mask at Rs 550

The city police on Sunday arrested a shopkeeper from Defence Housing Authority (DHA) for selling a single facemask at Rs550 in the wake of the novel coronavirus threat.

Published 09 Mar, 2020 12:00am

Pakistan

PHEC's sub-committee for reforms formed after a lapse of 18 years

After a lapse of around 18 years, the Punjab Higher Education Commission (PHEC) has finally formed "higher education reforms sub-committees" in collaboration with the Association of Private Sector Universities in Punjab (APSUP) to bring reforms in the hig

Published 09 Mar, 2020 12:00am

Pakistan

Smuggled betel nuts seized, four suspects arrested

Pakistan customs claimed to have seized millions of rupees worth of smuggled betel nuts and arrested four suspects during a raid in the port city's Site industrial area.

Published 09 Mar, 2020 12:00am

Taxes

KPRA's 'Registration Week' begins today

Khyber Pakhtunkhwa Revenue Authority (KPRA) has announced to conduct Registration Week here starting from today (March 9 till March 12) to facilitate people associated with services sector in the province.

Published 09 Mar, 2020 12:00am

Pakistan

Effective steps afoot to empower women: Dr. Firdous

Special Assistant to Prime Minister (SAPM) for Information and Broadcasting, Dr. Firdous Ashiq Awan said on Sunday the government was taking effective steps to empower women by ensuring their rights as per vision of Prime Minister.

Published 09 Mar, 2020 12:00am

Pakistan

Thousands of women participate in JI rallies across country

Thousands of women on Sunday participated in rallies taken out in different cities of the country under the banner of Jamaat-e-Islami (JI) Pakistan on occasion of International Women Day.

Published 09 Mar, 2020 12:00am

Pakistan

Nine die, 12 injured as passenger bus falls into nullah

At least nine people including driver lost their lives and 12 others were injured on Sunday when a passenger bus fell into a nullah in Arja, an area of District Bagh, Azad Kashmir.

Published 09 Mar, 2020 12:00am

Energy

Rashakai Economic Zone's units to get cheap electricity: secy

Secretary Energy and Power, Khyber Pakhtunkhwa Mohammad Zubair Khan has said that the provincial government would supply cheap electricity produced from the resources of the province to the industrial units of the Rashakai Economic Zone through wheeling c

Published 09 Mar, 2020 12:00am

Pakistan

Seventh coronavirus case surfaces in Karachi

Another case of the coronavirus was reported in Pakistan on Sunday, as another patient diagnosed with the virus in Karachi. The 50-year-old patient has tested positive for the virus. The patient and his family members have been quarantined. "We are lookin

Published 09 Mar, 2020 12:00am

Brief Recordings

An interview with Mohsin Hafeez, Country Representative International Water Management Institute (IWMI): 'Groundwater must be separated from property rights and treated as 'commons'

Dr. Mohsin Hafeez has over 23 years of experience in research and management of water resources in Pakistan. A hydrologist by training, he is considered an expert on sustainable land & water management, surface & ground water hydrology, integrated water r

Updated 09 Mar, 2020 03:51am

Pakistan

WCCI marks International Women's Day

The Women Chamber of Commerce and Industry (WCCI) Peshawar organised an event at premises of Sarhad Chamber of Commerce and Industry to mark the International Women's Day here on Sunday, in which women entrepreneurs in large number were participated.

Published 09 Mar, 2020 12:00am

Editorials

Fall in inflation and prospects of rate cut

Briefing the Public Accounts Committee (PAC) on 2nd March, 2020, the Governor State Bank of Pakistan, Dr Reza Baqir stated very clearly that the SBP was considering cutting down policy rate following a decline in inflation. The interest rate would recipro

Updated 09 Mar, 2020 07:05am

Editorials

Another poisonous gas leakage

It was the second such incident in Karachi within a span of just two weeks. On Friday, 70 people working in a chemical factory landed in hospital with breathing difficulties and burning sensation in the eyes caused by inhaling a poisonous gas. Fear and pa

Updated 09 Mar, 2020 07:05am

Articles

Inflation on a downward trajectory

Nothing can erode a political government's popularity faster than a rise in inflation accompanied by an income raise lower than the rate of inflation. While the Khan-led administration did take politically extremely exigent decisions, many of which were c

Published 09 Mar, 2020 12:00am

Articles

Delhi 'HIV' virus

While the world is obsessed with coronavirus another deadlier virus is spreading fast in the region. This virus is a lethal virus and has the capacity of being more devastating than covid-19, i.e., the Delhi 'HIV' or Hate induced Violence virus. While Tru

Published 09 Mar, 2020 12:00am

Articles

Chaotic week after US-Taliban deal leaves Afghans' fate unclear

A US-Taliban deal that was supposed to kickstart peace talks between the insurgents and the Kabul government is looking flimsier by the day, with fighting raging across Afghanistan and no one sure about what comes next.

Published 09 Mar, 2020 12:00am

Letters

'War or peace in Syria'

It is heartening to note that as part of Turkey-Russia deal the two countries will carry out joint patrols in Idlib, the last enclave still in the insurgents' control.

Published 09 Mar, 2020 12:00am

Top News

PTM leaders stopped from leaving country

The Members National Assembly, representing Pashtun Tahaffuz Movement (PTM), Ali Wazir and Mohsin Dawar were barred on Sunday from taking a flight to Kabul to participate in the oath-taking ceremony of Afghan President Ashraf Ghani.

Published 09 Mar, 2020 12:00am

Top News

Australia win T20 World Cup

A rampant Australia emphatically swept to their fifth women's Twenty20 World Cup title Sunday, crushing India by 85 runs in front of more than 86,000 fans at the Melbourne Cricket Ground. Alyssa Healy smashed 75 and Beth Mooney an unbeaten 78 as the defen

Published 09 Mar, 2020 12:00am

Top News

Biden and Sanders enter key phase in Democrats' race

Joe Biden and Bernie Sanders on Saturday began what amounts to a fresh campaign for the Democratic nomination for president, as the septuagenarians prepare to go head-to-head at the polls for the first time since the field narrowed to two credible candida

Published 09 Mar, 2020 12:00am

Top News

PM vows to ensure equal rights to women

Prime Minister Imran Khan on Sunday vowed to undertake every possible effort to ensure equal rights and opportunities to women, as civil and military leadership paid tributes to the women who played pivotal role in nation-building.

Published 09 Mar, 2020 12:00am

Top News

The Muslim running for mayor in Christian Bavaria

With his neatly trimmed beard, sharp suit and broad smile, Ozan Iyibas looks like a typical politician out to win votes ahead of a municipal election in southern Germany's Bavaria region.

Published 09 Mar, 2020 12:00am

Top News

Global rallies for Int'l Women's Day

Thousands took to the streets across the globe to mark International Women's Day on Sunday despite the coronavirus outbreak forcing the cancellation of a slew of events in Asia, as violence marred some European gatherings.

Published 09 Mar, 2020 12:00am

Top News

China quarantine hotel collapse kills 10

At least ten people were killed in the collapse of a hotel used as a coronavirus quarantine facility in eastern China, authorities said Sunday, with 23 others still feared trapped in the rubble.

Published 09 Mar, 2020 12:00am

Top News

Over Rs 29 billion sales tax refunds paid under FASTER system

The Federal Board of Revenue (FBR) has paid over Rs 29 billion sales tax refunds under the Fully Automated Sales Tax e-Refund (FASTER) system after processing 4606 cases, reflecting around 88 percent of total refund claims processed under the system.

Published 09 Mar, 2020 12:00am

Top News

Money laundering allegations: India's Yes Bank founder arrested

The founder of India's Yes Bank was arrested on allegations of money laundering Sunday, amid efforts to formulate a rescue plan for the country's fourth-largest private lender.

Published 09 Mar, 2020 12:00am

Top News

Saudi releases king's photos after purge over 'coup plot'

Saudi Arabia released images of King Salman carrying out his royal duties on Sunday, after a stunning purge of at least three princes including his brother and nephew for allegedly plotting a coup.

Published 09 Mar, 2020 12:00am

Money & Banking

THE RUPEE: Steady trend

The rupee managed to hold present levels against the dollar on the local money market during the week, ended on March 07-03-2020.

Published 09 Mar, 2020 12:00am

Top News

Economic conditions under review

The Monetary and Fiscal Policies Coordination Board (MFPCB) is scheduled to meet on Monday (today) to review the economic conditions, growth strategy as well as policy rate, official sources revealed to Business Recorder.

Published 09 Mar, 2020 12:00am

Top News

Limitations of monetary policy

Since there are both demand pull and cost-push factors influencing inflation it is not possible to manage inflation through just one/two policy instruments-especially when one instrument, the interest rate, is expected to achieve multiple objectives. The

Published 09 Mar, 2020 12:00am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 23	281.45
USD PKR Interbank Buying / Sep 23	281.20
USD to Japanese Yen / Sep 23	147.79
USD to Swiss Franc / Sep 23	0.79
Pound Sterling to USD / Sep 23	1.35
Euro to USD / Sep 23	1.18
UK LIBOR % / Sep 22	4.96

Stock	Volume
S&P 500 / Sep 22	6,693.75
Tokyo Nikkei / Sep 22	45,493.66
Nasdaq / Sep 22	22,788.98
FTSE 100 / Sep 22	9,226.68
Dow Jones / Sep 22	46,381.54
Germany DAX 30 / Sep 22	23,527.05
France CAC40 / Sep 22	7,830.11
India Sensex / Sep 23	81,867.30
Hang Seng / Sep 23	26,077.72

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 22	15,580
Gold 10 Grams PKR / Sep 22	337,534
Petrol/Litre / Sep 23	264.61
Crude Oil USD/Barrel / Sep 23	61.91
Gold Spot USD/Ounce / Sep 23	3,753.74
Diesel/Litre / Sep 23	272.77
Cotton US¢/pound / Sep 23	66.09

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / Sep 19 Crescent Star Insurance Limited(CSIL)	6.37 ▲ 1 (18.62%)
First Punjab Modaraba / Sep 19 First Punjab Modaraba(FPJM)	7.35 ▲ 0.77 (11.7%)
D.S. Ind. Ltd. / Sep 19 D.S. Industries Limited(DSIL)	10.18 ▲ 1 (10.89%)
B.O.Punjab / Sep 19 The Bank of Punjab(BOP)	26.27 ▲ 2.39 (10.01%)
Metro Steel / Sep 19 Metropolitan Steel Corporation Limited(MSCL)	18.68 ▲ 1.7 (10.01%)
At-Tahur Ltd. / Sep 19 At-Tahur Limited(PREMA)	48.13 ▲ 4.38 (10.01%)
Tariq Corporation / Sep 19 Tariq Corporation Limited(TCORP)	18.91 ▲ 1.72 (10.01%)
Crescent Cotton / Sep 19 Crescent Cotton Mills Limited(CCM)	61.78 ▲ 5.62 (10.01%)
Calcorp Ltd / Sep 19 Calcorp Limited(CASH)	45.94 ▲ 4.18 (10.01%)
Beco Steel Ltd / Sep 19 Beco Steel Limited(BECO)	28.92 ▲ 2.63 (10%)

Stock	Price
Media Times Ltd / Sep 19 Media Times Limited(MDTL)	5.35 ▼ -0.63 (-10.54%)
Idrees Tex. / Sep 19 Idrees Textile Mills Limited(IDRT)	26.46 ▼ -2.94 (-10%)
J.K.Spinning / Sep 19 J.K. Spinning Mills Limited(JKSM)	247.10 ▼ -27.46 (-10%)
First Elite Cap.Mod / Sep 19 First Elite Capital Modaraba(FECM)	33.80 ▼ -3.75 (-9.99%)
F. Nat.Equities / Sep 19 First National Equities Limited(FNEL)	8.55 ▼ -0.91 (-9.62%)
First AL-Noor Mod. / Sep 19 First Al-Noor Modaraba(FANM)	6.25 ▼ -0.62 (-9.02%)
Universal Ins. / Sep 19 The Universal Insurance Company Limited(UVIC)	32.50 ▼ -3.21 (-8.99%)
Reliance Weaving / Sep 19 Reliance Weaving Mills Limited(REWM)	105.19 ▼ -9.18 (-8.03%)
Olympia Mills / Sep 19 Olympia Mills Limited(OML)	36.50 ▼ -3.05 (-7.71%)
Wasl Mobility Mod. / Sep 19 Wasl Mobility Modaraba(WASL)	6.09 ▼ -0.5 (-7.59%)

Stock	Volume
Cnergyico PK / Sep 19 Cnergyico PK Limited(CNERGY)	169,773,055 ▼ -0.34
B.O.Punjab / Sep 19 The Bank of Punjab(BOP)	165,854,902 ▲ 2.39
WorldCall Telecom / Sep 19 Worldcall Telecom Limited(WTL)	162,011,397 ▼ -0.11
Pak Int.Bulk / Sep 19 Pakistan International Bulk Terminal(PIBTL)	135,091,867 ▲ 0.51
K-Electric Ltd. / Sep 19 K-Electric Limited(KEL)	94,275,609 ▲ 0.02
Bank Makramah / Sep 19 Bank Makramah Limited(BML)	89,879,525 ▲ 0.65
P.T.C.L. / Sep 19 Pakistan Telecommunication Company Ltd(PTC)	77,889,542 ▲ 1.6
Fauji Foods Ltd / Sep 19 Fauji Foods Limited(FFL)	74,618,668 ▲ 0.09
Telecard Limited / Sep 19 Telecard Limited(TELE)	66,954,977 ▼ -0.23
Kohinoor Spinning / Sep 19 Kohinoor Spinning Mills Limited(KOSM)	58,032,740 ▼ -0.21

Most Popular