News Archives for Print - 2022-08-09

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Print - 2022-08-09

US Africa strategy stresses China, Russia threats

JOHANNESBURG: The United States released a new strategy document for sub-Saharan Africa on Monday, stressing the...

Published 09 Aug, 2022 03:37am

US funnels another $4.5bn to Ukraine through WB

WASHINGTON: The World Bank on Monday announced it was mobilizing another $4.5 billion in US-provided financial...

Published 09 Aug, 2022 03:37am

Polio resurgence?

EDITORIAL: Just when the poliovirus seemed to have been restricted to the tribal districts of Khyber Pakhtunkhwa —...

Published 09 Aug, 2022 03:37am

Chad signs peace pact with rebels, but main insurgents stay out

DOHA: More than 30 rebel and opposition factions signed a peace pact with Chad’s transitional authorities on...

Published 09 Aug, 2022 03:37am

EU puts forth ‘final’ text to resurrect Iran nuclear deal

DUBAI/WASHINGTON: The European Union on Monday put forth a “final” text to revive the 2015 Iran nuclear deal as...

Published 09 Aug, 2022 03:37am

Europe

Former head of German public broadcaster in legal probe

BERLIN: German prosecutors said on Monday that they are investigating the former chair of public broadcaster ARD ...

Published 09 Aug, 2022 03:37am

10 killed in stabbing spree in Iran

TEHRAN: An attacker stabbed 10 people to death in Kerman province in southern Iran due to “personal ...

Published 09 Aug, 2022 03:37am

Father, son who murdered Ahmaud Arbery get life sentences for US hate crime

BRUNSWICK, (Ga): A judge sentenced white father and son Gregory and Travis McMichael to life in prison on Monday for...

Published 09 Aug, 2022 03:37am

Europe

START weapons treaty: Russia tells US it is suspending inspections

MOSCOW: Russia has told the United States it is suspending inspection activities under the START arms control ...

Published 09 Aug, 2022 03:37am

Commonwealth Games: Out of Pakistan’s 8 medals, six won by Wapda athletes

LAHORE: The Pakistan Water and Power Development Authority (Wapda) players, representing Pakistan, yet again brought...

Published 09 Aug, 2022 03:37am

Return of dowry articles: Family court can’t refuse to entertain suit of man: LHC

LAHORE: The Lahore High Court (LHC) observed that under the Family Act 1964 a family court could not refuse to...

Published 09 Aug, 2022 03:37am

The Weather

KARACHI: The weather report on Monday (August 08, 2022) and the forecast for Tuesday (August 09, 2022)...

Published 09 Aug, 2022 03:37am

Negative propaganda over helicopter crash: Intelligence officers inducted into joint inquiry team

Ministry of Interior issues notification of six-member team to be constituted by FIA

Updated 09 Aug, 2022 09:26am

Youm-e-Ashur today

Elaborate security arrangements have been made for protection of mourners

Updated 09 Aug, 2022 09:51am

Energy

Onward payment to PSO, PPL: DG (Gas) writes to PD for payment of TDS to KE

Since May 2022, KE began defaulting timely payments to SSGC against weekly RLNG bills

Updated 09 Aug, 2022 03:58pm

Imran changes venue of Aug 13 rally to Lahore

ISLAMABAD: Days after announcing to hold a grand power show in Islamabad’s parade ground on August 13 in ...

Published 09 Aug, 2022 03:37am

Real Estate

Advance tax on immovable property: FBR withdraws holding period exemption

Sub-section (3) of section 236C of the Income Tax Ordinance, 2001 has been omitted

Updated 10 Aug, 2022 09:37am

Top TTP commander Khorasani killed in Afghanistan

Death can deal blow to nascent peace talks between Pakistan’s Taliban and government

Updated 09 Aug, 2022 10:01am

PTI blames federal govt for current economic mess

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Central Punjab President and Punjab Health Minister Dr Yasmin Rashid has said...

Published 09 Aug, 2022 03:37am

CM asks officials to start work on Ring Road, Expressway project

LAHORE: Punjab Chief Minister Chaudhry Parvaiz Elahi has directed departments concerned to start work on Ring Road...

Published 09 Aug, 2022 03:37am

May 25 incidents: Fawad, Punjab minister discuss investigations

LAHORE: Former federal minister and PTI senior leader Fawad Chaudhry met the provincial Home Minister Col Hashim...

Published 09 Aug, 2022 03:37am

Gilani says agreements of PTI govt with IMF behind high inflation

MULTAN: Former prime minister and Senator Syed Yusuf Raza Gilani said that the agreements made by the previous...

Published 09 Aug, 2022 03:37am

Green belt of Sector F-6: IHC directs ministries, CDA to remove Afghan protesters

ISLAMABAD: The Islamabad High Court (IHC) has asked the Secretary Ministry of Foreign Affairs and Ministry of...

Published 09 Aug, 2022 03:37am

Sherry felicitates Arshad for winning gold

ISLAMABAD: Federal Minister for Climate Change Senator Sherry Rehman on Monday extended felicitations to Olympic...

Published 09 Aug, 2022 03:37am

PM, COAS congratulate Arshad

ISLAMABAD: Prime Minister Shehbaz Sharif has congratulated Arshad Nadeem for winning gold medal in the javelin throw...

Published 09 Aug, 2022 03:37am

More rains expected from 10th to 13th August

LAHORE: The Met Office said on Monday that monsoon currents are continuously penetrating the country and are likely...

Published 09 Aug, 2022 03:37am

Sanjrani greets Arshad on winning gold medal

ISLAMABAD: Senate Chairman Muhammad Sadiq Sanjrani on Monday congratulated Pakistani javelin thrower Arshad Nadeem ...

Published 09 Aug, 2022 03:37am

Propaganda drive against army intolerable: Shujaat

LAHORE: Pakistan Muslim League-Q (PML-Q) President Chaudhry Shujaat Hussain has urged politicians to show complete...

Published 09 Aug, 2022 03:37am

Ninth Muharram observed amid tight security: 79 mourning processions, 378 majalis held in Lahore

LAHORE: As many as 79 mourning processions and 378 majalis were held in the provincial capital on Monday amid...

Published 09 Aug, 2022 03:37am

Russia-Ukraine war divides the world – II

Communist states viz., Cuba, Vietnam and North Korea have been generally supportive of Russia. In South America,...

Published 09 Aug, 2022 03:37am

Millions hungry but drought overlooked as Kenya prepares to vote

In the dust bowl of Kenya’s drought-stricken north, the people of Purapul are edging closer to starvation,...

Published 09 Aug, 2022 03:37am

Gas crunch pushes German glassmaker to the brink

In 400 years, Heinz-Glas, one of the world’s biggest producers of glass perfume bottles, has seen off many crises...

Published 09 Aug, 2022 03:37am

Energy

Third oil storage tank collapses in Cuba terminal following fire, spill

HAVANA: A third crude tank caught fire and collapsed at Cuba’s main oil terminal Matanzas, a local governor said ...

Published 09 Aug, 2022 03:37am

PIMS doctors’ team arrives in Lasbela

LASBELA: A twelve member doctor’s team of Pakistan Institute of Medical Science (PIMS) has all set to organise ...

Published 09 Aug, 2022 03:37am

Govt likely to sign PTA with Turkey on 12th

KARACHI: The Government of Pakistan is expected to sign a Preferential Trade Agreement (PTA) with Turkey on the 12th...

Published 09 Aug, 2022 03:37am

No mishap as Muharram procession ends peacefully

KARACHI: The city’s main Alam procession of 9th Muharram culminated peacefully on Monday. Also, arrangements ...

Published 09 Aug, 2022 03:37am

Six die of suffocation during procession

SUKKUR: At least six people suffocated to death during the procession of Muharram in Rohri near Sukkur on late ...

Published 09 Aug, 2022 03:37am

Entry of tourists banned into Murree without prior booking

RAWALPINDI: The district administration on Monday banned the entry of the tourists into Murree who are coming to the...

Published 09 Aug, 2022 03:37am

JSMU medical camp for flood victims in Balochistan

KARACHI: A medical camp was organized by Institute of Family Medicine-Jinnah Sindh Medical University (JSMU) here at...

Published 09 Aug, 2022 03:37am

Two children drown in Malir River

KARACHI: At least two children drowned in Malir River near Sharafi Goth on Monday, rescue sources said. As per the...

Published 09 Aug, 2022 03:37am

Customs recovers smuggled goods, arrests three

KARACHI: The Customs Enforcement Karachi has seized a huge quantity of smuggled goods including empty bullet shells...

Published 09 Aug, 2022 03:37am

Youm-e-Istehsal Kashmir observed in Canada

ISLAMABAD: Like Pakistan and elsewhere in the world, Youm-e-Istehsal Kashmir was observed in Canada by the Pakistan...

Published 09 Aug, 2022 03:37am

Ashura set to be observed with religious fervour in Hyderabad

HYDERABAD: The citizens of Hyderabad will observe Youm-e-Ashur, the mourning of Martyrdom of Hazrat Imam Hussain ...

Published 09 Aug, 2022 03:37am

Army martyrs are symbol of respect, dignity: Rana

FAISALABAD: Federal Interior Minister Rana Sana Ullah Khan on Monday said that martyrs of Pakistan Army were symbol...

Published 09 Aug, 2022 03:37am

Bilawal pays rich tribute to Karbala martyrs

KARACHI: Pakistan People’s Party (PPP) Chairman and Foreign Minister Bilawal Bhutto Zardari, while paying rich...

Published 09 Aug, 2022 03:37am

Farrukh blasts Raja on his advice to change PTI chairman

ISLAMABAD: The central information secretary of Pakistan Tehreek-e-Insaf (PTI) Farrukh Habib on Monday blasted Raja...

Published 09 Aug, 2022 03:37am

Imam Hussain set new examples for sake of Islam: Durrani

KARACHI: Acting Governor of Sindh Agha Siraj Khan Durrani has said that Muharram-e-Haram is a month of golden...

Published 09 Aug, 2022 03:37am

Balochistan CS reviews security arrangements

QUETTA: Chief Secretary (CS) Balochistan Abdul Aziz Uqaili on Monday visited Central Police Office (CPO) on 9th of...

Published 09 Aug, 2022 03:37am

Widespread rains predicted for Sindh

ISLAMABAD: The Met Office on Monday predicted rains, accompanied by strong winds, for most parts of the country...

Published 09 Aug, 2022 03:37am

Processions’ monitoring ‘Central control room established at Safe City’

ISLAMABAD: Islamabad Capital Police Chief Dr Akbar Nasir Khan said the central control room for monitoring...

Published 09 Aug, 2022 03:37am

Stocks

European shares bounce back from US jobs report hammering

PARIS: European shares logged their best day in nearly two weeks on Monday after clocking falls in the previous week...

Published 09 Aug, 2022 03:37am

Commodities

Gold gains as dollar, yields slip; focus on US inflation data

NEW YORK: Gold prices rose on Monday following a pullback in the dollar and US Treasury yields, while investor focus...

Published 09 Aug, 2022 03:37am

Stocks

Japan’s Nikkei ends at 4-month high on robust corporate outlook

TOKYO: Japan’s Nikkei index ended at a more than four-month high on Monday, as investors scooped up stocks that...

Published 09 Aug, 2022 03:37am

Stocks

Cyclical rally drives FTSE 100 to 2-month closing high

LONDON: Britain’s blue-chip index closed at a two-month high on Monday, boosted by economically sensitive sectors...

Published 09 Aug, 2022 03:37am

Stocks

Wall St steady after selloff on jobs data, Nvidia weighs

NEW YORK: US stock indexes treaded water on Monday after last week’s blockbuster jobs data soothed some fears ...

Published 09 Aug, 2022 03:37am

Commodities

Palm climbs 5pc

KUALA LUMPUR: Malaysian palm oil futures jumped on Monday to their highest closing level in more than a week as...

Published 09 Aug, 2022 03:37am

Commodities

Japanese rubber futures jump

SINGAPORE: Japanese rubber futures jumped on Monday, tracking gains in the Shanghai market and as a weaker yen...

Published 09 Aug, 2022 03:37am

Commodities

Corn and soybeans slip after Midwest rains, USDA data awaited

CHICAGO: US corn and soybean futures eased on Monday as improved weather in parts of the US Midwestern farm belt...

Published 09 Aug, 2022 03:37am

Commodities

Copper supported by hopes interest rates may soon peak

LONDON: Copper prices rose on Monday, supported by rising imports of the industrial metal by top consumer China and...

Published 09 Aug, 2022 03:37am

Energy

Oil edges up on strong economic data but trade choppy

HOUSTON: Oil prices rose 1.5% on Monday, hovering near their lowest levels in months in volatile trading as positive...

Published 09 Aug, 2022 03:37am

Energy

‘Incentivised’ zero-rated sectors: Govt in a ‘quandary’ over supply of cheap power

Ensuring supply of electricity at 9 cents per unit to cost Rs80 billion in FY23

Updated 09 Aug, 2022 03:24pm

Disposal of confiscated vehicles: FTO directs FBR to approach ECC

Major exercise was conducted on directions of FTO to identify pendency of stuck-up auctionable goods

Updated 09 Aug, 2022 09:40am

Money & Banking

SBP allows NRPs to contribute to pension funds

Some amendments have been made in instructions regarding NRP Rupee Value Account for contribution in units of Authorized Pension Funds

Updated 09 Aug, 2022 03:26pm

FY23 CAD will likely present a pleasant prospect

Experts expect it to clock in at $8.7 billion or 2.3% of GDP

Updated 09 Aug, 2022 09:24am

Trade war with China could cost Germany six times as much as Brexit: Ifo

Automotive industry, manufacturers of transport equipment, mechanical engineering sectors to be biggest losers of trade war

Updated 11 Aug, 2022 10:39am

Lt-Gen Faiz made Bahawalpur corps commander

Hameed earlier served as corps commander Peshawar

Updated 09 Aug, 2022 09:46am

India considers restricting sale of sub-$150 phones by Chinese firms

NEW DELHI: India is seeking to restrict Chinese companies from its sub-$150 phone market in a bid to revive the...

Published 09 Aug, 2022 03:37am

Pfizer to acquire sickle cell drugmaker GBT for $5bn

NEW YORK: American drugmaker Pfizer announced a deal on Monday to acquire Global Blood Therapeutics, makers of a...

Published 09 Aug, 2022 03:37am

ECB, IMF call on climate standard setters to align company disclosures

LONDON: A global standard setter for company climate disclosures should align with European and US alternatives for...

Published 09 Aug, 2022 03:37am

Industry

PHHSA urges govt to introduce ‘export bonus voucher’ scheme

LAHORE: The Pakistan government should introduce “export bonus voucher” scheme by virtue of which exporters may...

Published 09 Aug, 2022 03:37am

Planning minister makes a valid point

EDITORIAL: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has come up with a ...

Published 09 Aug, 2022 03:37am

Money & Banking

Moscow Exchange to reduce use of dollars as collateral

MOSCOW: The Moscow Exchange will cut the maximum amount of dollars it will accept as collateral to underwrite...

Published 09 Aug, 2022 03:37am

Industry

Govt didn’t consult private sector on Pak-Turkey PTA, says EFP

KARACHI: The Government of Pakistan is expected to sign a Preferential Trade Agreement (PTA) with Turkey on 12th...

Published 09 Aug, 2022 03:37am

Exports to Italy can swell to $5bn annually: PFC chief

ISLAMABAD: Chief Executive Officer of Pakistan Furniture Council (PFC) Mian Kashif Ashfaq on Monday said that...

Published 09 Aug, 2022 03:37am

Money & Banking

Safe haven dollar eases as risk appetite lifted by jobs data

NEW YORK: The dollar eased on Monday, giving back some of the gains it made following Friday’s blockbuster US jobs...

Published 09 Aug, 2022 03:37am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Cotton US¢/pound / Dec 18	68.50
Petrol/Litre / Dec 19	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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