News Archives for Print - 2022-08-22

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Print - 2022-08-22

Industry

Speakers underscore need for tapping into ASEAN market

RAWALPINDI: Thailand can significantly provide economic and trade opportunities to Pakistan by connecting it with ...

Published 22 Aug, 2022 07:52am

KP govt likely to register sedition cases against PDM leaders

PESHAWAR: The government of Khyber Pakhtunkhwa (KP) has decided to file sedition cases against the leadership of the...

Published 22 Aug, 2022 07:50am

Money & Banking

South Korean founder of failed Terra coin admits he was ‘wrong’

SEOUL: The co-founder of the failed Terra cryptocurrency, which collapsed and wiped out about $40 billion of...

Published 22 Aug, 2022 07:47am

Islamabad police deny withdrawal of security of Imran

ISLAMABAD: The capital police on Sunday dubbed the news of withdrawing police security from Pakistan Tehreek-e-Insaf...

Published 22 Aug, 2022 07:46am

Middle East

On track: Cairo metro employs Egypt’s first women train drivers

CAIRO: As it prepares to expand to serve a population now exceeding 20 million, the Cairo metro has recruited...

Published 22 Aug, 2022 07:43am

Companies

Carlsberg posts loss after Russia exit

COPENHAGEN: Carlsberg reported a loss for the first half of the year on Wednesday as the Danish brewer’s decision...

Published 22 Aug, 2022 07:42am

Companies

Walmart results top estimates as inflation alters consumer behavior

NEW YORK: Walmart scored a big jump in revenues partly driven by inflation but the retail giant faces increasing...

Published 22 Aug, 2022 07:38am

Companies

CEO of Israeli Pegasus spyware firm to step down

JERUSALEM: Israel’s NSO Group, which makes Pegasus spyware that is controversial worldwide, said Sunday its CEO ...

Published 22 Aug, 2022 07:37am

Companies

Mining giant BHP records decade-high profit, buoyed by coal

SYDNEY: Australian mining firm BHP revealed Tuesday that its profits jumped nearly 40 percent in the past year...

Published 22 Aug, 2022 07:36am

Asia

Disappeared Chinese-Canadian tycoon jailed for 13 years

SHANGHAI: A Chinese-Canadian tycoon who disappeared from a Hong Kong hotel five years ago has been sentenced to 13...

Published 22 Aug, 2022 07:34am

Leaders of US, UK, France, Germany discuss Iran nuclear issue

LONDON: The leaders of the United States, Britain, France and Germany discussed efforts to revive the 2015 Iran...

Published 22 Aug, 2022 07:32am

Imran Khan accuses govt of ‘blocking YouTube to censor’ his speech

KARACHI: Former prime minister Imran Khan accused the government of temporarily blocking YouTube in the country on...

Published 22 Aug, 2022 07:30am

Africa

Angolan opposition leader says one-party state is ‘big cancer’ of society

LUANDA: The leader of Angola’s main opposition party UNITA accused the government on Sunday of establishing an...

Published 22 Aug, 2022 07:29am

Energy

Italian manufacturers cut output to save energy

MILAN: Energy-intensive industries in Italy are modifying their production to save energy as they struggle with...

Published 22 Aug, 2022 07:26am

Industry

KP govt urged to take steps towards revival of sick units

PESHAWAR: Business community in Khyber Pakhtunkhwa asked the government to take pragmatic steps to revive sick and...

Published 22 Aug, 2022 07:22am

Russian missiles hit Ukraine’s Odesa region as war nears half-year mark

MOSCOW: Artillery shells rained down on a city close to Europe’s biggest nuclear plant overnight and Russian...

Published 22 Aug, 2022 07:21am

Europe

British dock workers latest to join summer of strikes

LONDON: Workers at Britain’s biggest container port, Felixstowe, on Sunday began an eight-day strike over pay, in...

Published 22 Aug, 2022 07:17am

Stocks

Iran stock exchange suspends largest steel-maker after fraud claims

TEHRAN: Tehran’s stock exchange has suspended Iran’s largest steel-maker from trading following a parliamentary...

Published 22 Aug, 2022 07:13am

Ministry completes 3,564 low-cost houses of WWF, 18,499 of AF

ISLAMABAD: The Ministry of Housing and Works has completed as many as 3,564 low cost housing units of the Workers...

Published 22 Aug, 2022 07:11am

Housing societies ‘eating up’ fertile agricultural land

MULTAN: Agriculture, being the mainstay of Pakistan’s economy, is faced with numerous challenges and development ...

Published 22 Aug, 2022 07:09am

Hyderabad division declared calamity-hit

HYDERABAD: The Sindh Government has declared the entire Hyderabad division, which consists of 9 districts, as the...

Published 22 Aug, 2022 06:59am

Balochistan declares emergency for health department

QUETTA: Secretary Health Department Balochistan Hafiz Muhammad Tahir has imposed emergency in the health department...

Published 22 Aug, 2022 06:57am

First Lady distributes rickshaws among persons with disabilities

KARACHI: First Lady Begum Samina Arif Alvi Sunday here distributed rickshaws among persons with disabilities. The...

Published 22 Aug, 2022 06:55am

Imran Khan addresses Liaquat Bagh rally

ISLAMABAD: Chairman Pakistan Tehreek-e-Insaf (PTI) and former Prime Minister Imran Khan has warned that Pakistan...

Published 22 Aug, 2022 06:55am

AJK premier urges federal govt to provide required grant of budget

MUZAFFARABAD [AJK]: Azad Jammu and Kashmir Prime Minister Sardar Tanveer Ilyas Khan on Sunday requested the federal...

Published 22 Aug, 2022 06:51am

The Weather

KARACHI: The weather report on Sunday (August 21, 2022) and the forecast for Monday (August 22, 2022)....

Published 22 Aug, 2022 06:33am

FESCO CEO highlights importance of tree plantation

FAISALABAD: Chief Executive Officer Faisalabad Electric Supply Company (FESCO) Engr. Bashir Ahmad said that in ...

Published 22 Aug, 2022 06:33am

PMIS introduced into 14 KP prisons

PESHAWAR: The provincial government of Khyber Pakhtunkhwa has introduced Prison Management Information System (PMIS)...

Published 22 Aug, 2022 06:33am

Celtic beat Hearts to open up two-point lead over Rangers

GLASGOW: Celtic stretched their perfect start to the Scottish Premiership season to four games with a hard-fought ...

Published 22 Aug, 2022 06:33am

Pakistan edge Netherlands by nine runs in 3rd ODI

ROTTERDAM: Pakistan beat the Netherlands by nine runs despite a brave effort by the home side in the third and final...

Published 22 Aug, 2022 06:33am

More matches decided in KP CM’s Football League

PESHAWAR: Two more matches decided in the ongoing Chief Minister Khyber Pakhtunkhwa Football League being played ...

Published 22 Aug, 2022 06:33am

Spain’s Mariano Garcia wins men’s European 800m title

MUNICH: Reigning world indoor champion Mariano Garcia of Spain held off Britain’s Jake Wightman to win the men’s...

Published 22 Aug, 2022 06:33am

Warner to revive BBL career with Sydney Thunder

SYDNEY: Big-hitting Australian batsman David Warner Sunday signed a two-year deal with Sydney Thunder, ending a...

Published 22 Aug, 2022 06:33am

Ten Hag should drop Ronaldo and Rashford for Liverpool clash: Rooney

LONDON: Manchester United manager Erik ten Hag can boost his hopes of securing his first Premier League point ...

Published 22 Aug, 2022 06:33am

Tsitsipas beats Medvedev to book Cincy final clash with Coric

CINCINNATI: Top-ranked Daniil Medvedev committed 11 double-faults in falling to Stefanos Tsitsipas 7-6 (8/6), 3-6,...

Published 22 Aug, 2022 06:33am

Man City fightback denies Newcastle, Mendy howler rocks Chelsea

LONDON: Manchester City staged a thrilling fightback as the Premier League champions rescued a 3-3 draw against...

Published 22 Aug, 2022 06:33am

What is the impact of Philips’ recall of sleep apnea devices?

CHICAGO: A massive recall of Philips breathing devices in 2021 due to a risk of potential injury has left physicians...

Published 22 Aug, 2022 06:33am

Middle East

Palestinians working in Israel strike over demand for bank accounts

TULKARM, (West Bank): Tens of thousands of Palestinians employed in Israel staged a one-day strike on Sunday in...

Published 22 Aug, 2022 06:33am

Middle East

UAE-backed Yemeni forces seize Shabwa energy sites in tussle with rivals

DUBAI: Yemeni forces backed by the United Arab Emirates have seized energy facilities in Shabwa from another ...

Published 22 Aug, 2022 06:33am

Asia

Japan PM tests positive for Covid-19, symptoms mild

TOKYO: Japanese Prime Minister Fumio Kishida has tested positive for Covid-19, his office said Sunday, a week before...

Published 22 Aug, 2022 06:33am

Europe

Record two thirds of Germans unhappy with Chancellor Scholz: survey

BERLIN: Around two thirds of Germans are unhappy with the work of German Chancellor Olaf Scholz and his fractious...

Published 22 Aug, 2022 06:33am

Flood-hit areas of DG Khan, Rajanpur: Police rescue 2,200 people, 840 cattle

LAHORE: Police officers engaged in relief activities in the flood-affected areas of Dera Ghazi Khan and Rajanpur ...

Published 22 Aug, 2022 06:33am

Censor boards decline to approve Indian Punjabi films

ISLAMABAD: The censor boards of provinces have declined to pass five Indian Punjabi comedy films which had earlier...

Published 22 Aug, 2022 06:33am

Balochistan establishes Flood Relief, Rehabilitation Fund

QUETTA: The Balochistan government has set up a ‘Balochistan Flood Relief and Rehabilitation Fund’ to collect...

Published 22 Aug, 2022 06:33am

Railways suspends trains for flood-hit Balochistan

ISLAMABAD: The flood-hit Balochistan province has lost rail link with the rest of the country. Most of the roads...

Published 22 Aug, 2022 06:33am

PAF relief operation continues in flood-hit areas

ISLAMABAD: In the current unprecedented monsoon rain spell, Pakistan Air Force continued to provide humanitarian...

Published 22 Aug, 2022 06:33am

Govts have been depriving women of their rights: JI

LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has said the ruling parties have kept deprived women from their rights...

Published 22 Aug, 2022 06:33am

PIA offers discounts to students travelling between Pakistan, China

BEIJING: Pakistan International Airlines (PIA) has offered discounts of 10 per cent for Pakistani students on ...

Published 22 Aug, 2022 06:33am

Train schedule goes awry due to extreme weather conditions

LAHORE: Pakistan Railways has yet not succeeded in maintaining the train schedule affected due to continued...

Published 22 Aug, 2022 06:33am

Retrieving occupied properties: ETPB, FIA directed to set up coordination mechanism

ISLAMABAD: The Supreme Court’s One-Man Commission (OMC) on Minority Rights has expressed serious concerns over ...

Published 22 Aug, 2022 06:33am

Railways leased out 4,687 acres of land in four years

ISLAMABAD: Pakistan Railways has leased out around 4,687 acres of its land during the last four years with the aim ...

Published 22 Aug, 2022 06:33am

AIOU to close admissions today

ISLAMABAD: Allama Iqbal Open University (AIOU) has set August 22 (Monday) as the last day of admissions in...

Published 22 Aug, 2022 06:33am

Princess of Jordan Sarah Zeid arrives

KARACHI: The Princess of Jordan Sarah Zeid, who is also the World Food Program (WFP) Ambassador and Special Advisor...

Published 22 Aug, 2022 06:33am

PM extends condolences over loss of lives in Türkiye

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Sunday extended condolences to President Recep Tayyip Erdogan,...

Published 22 Aug, 2022 06:33am

PM grieved over death of Nayyara Noor

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Sunday expressed his deep grief over death of renowned singer...

Published 22 Aug, 2022 06:33am

CM visits Matiari district to monitor relief efforts

HYDERABAD: Sindh Chief Minister Syed Murad Ali Shah on Sunday directed that immediate provision of shelter, tents ...

Published 22 Aug, 2022 06:33am

728 have died so far in rains and floods, says NDMA report

ISLAMABAD: As of August 20, as many as 728 people have died due to recent rains and floods across the country, the...

Published 22 Aug, 2022 06:33am

38 bids to smuggle wheat, flour foiled

RAWALPINDI: The Food Department Rawalpindi and district police while foiling 38 bids to smuggle wheat and flour...

Published 22 Aug, 2022 06:33am

Recorded speeches to be aired with delay mechanism: PEMRA effectively bans live telecast of Imran’s speeches

ISLAMABAD: Pakistan Electronic Media Regulatory Authority (PEMRA) on Sunday clarified that it had imposed ban on ...

Published 22 Aug, 2022 06:33am

Islamabad police vow to take action against threats, false allegations

ISLAMABAD: Islamabad police on Sunday vowed action as per law against those threatening police or making false...

Published 22 Aug, 2022 06:33am

Traders pledge to employ rehabilitated drug addicts

PESHAWAR: The trading community of Peshawar has pledged to provide employment to 475 detoxified drug addicts to...

Published 22 Aug, 2022 06:33am

SU suspends academic activities till 30th

JAMSHORO: The University of Sindh Jamshoro has suspended academic activities till August 30 on its all campuses due...

Published 22 Aug, 2022 06:33am

Rates

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (August 15 to ...

Published 22 Aug, 2022 06:33am

Energy

PIDE forms ‘power commission’

PESHAWAR: Under the guidance of Vice-Chancellor Dr Nadeem ul Haque, the Pakistan Institute of Development Economics...

Published 22 Aug, 2022 06:33am

Stocks

Wall St Week Ahead: Summer rebound in US stocks gains fans among chart-watching investors

NEW YORK: The rebound in US stocks is gaining believers among investors who study market trends, bolstering hopes ...

Published 22 Aug, 2022 06:33am

Stocks

Major Gulf markets dip on oil weakness, inflation worries

DUBAI: Most major Gulf stock markets fell on Sunday amid fears of a potential global recession and volatile oil...

Published 22 Aug, 2022 06:33am

Stocks

Global stocks mostly fall amid central bank concerns

NEW YORK: European and US stocks mostly fell Friday, with investors focused firmly on central bank interest rate...

Published 22 Aug, 2022 06:33am

Stocks

UK midcaps log worst week since early July on recession angst

LONDON: UK midcap stocks logged their worst weekly performance since early July on Friday as a bunch of grim data...

Published 22 Aug, 2022 06:33am

Energy

German minister rules out keeping nuclear plants running to save gas

BERLIN: German Economy Minister Robert Habeck ruled out on Sunday extending the lifespan of the country’s three...

Published 22 Aug, 2022 06:33am

Alarming rise in RTAs

EDITORIAL: Twenty-eight precious lives perished in two deadly road traffic accidents (RTAs) on Tuesday. The first...

Published 22 Aug, 2022 06:33am

Return the money where it belongs

EDITORIAL: Two weeks after an American drone killed al-Qaeda leader Ayman al-Zawahiri in Kabul and as the Taliban...

Published 22 Aug, 2022 06:33am

Quantum Index of LSM

EDITORIAL: Data released by the Pakistan Bureau of Statistics reveals that the Quantum Index of Large Scale...

Published 22 Aug, 2022 06:33am

China regulator launches new probe into banks’ property loan exposure

China’s banking regulator is scrutinising property loan portfolios of some local and foreign lenders to assess...

Published 22 Aug, 2022 06:33am

Austerity is the only option?

The illusion of economic recovery has already started unraveling. The prime indicators of economic sentiments in the...

Published 22 Aug, 2022 06:33am

Petroleum price conundrum

A visibly agitated Finance Minister Miftah Ismail gave one press conference, addressed the All Parties Economic...

Published 22 Aug, 2022 06:33am

Commodities

Mixed trend witnessed in prices of edibles

PESHAWAR: Mixed trend in prices of important kitchen items, including live chicken/meat, flour, eggs, vegetables,...

Published 22 Aug, 2022 06:33am

Cotton & Textile

Clean cotton picking for handsome price advised

MULTAN: Agriculture Department issued a set of guidelines to farmers advising them to ensure cotton picking sans any...

Published 22 Aug, 2022 06:33am

Cotton & Textile

Weekly Review: Cotton spot rate increases by Rs2000

KARACHI: The Spot Rate Committee of the Karachi Cotton Association increased the spot rate by Rs 2,000 per maund and...

Published 22 Aug, 2022 06:33am

MQM-P challenges Imran’s nomination for Lyari constituency

KARACHI: The MQM-P has challenged the approval of nomination papers of Pakistan Tehreek-i-Insaf (PTI) chairman Imran...

Published 22 Aug, 2022 06:33am

Admission to engineering institutions: 6,880 candidates from KP, AJK, GB take entrance test

PESHAWAR: Entrance test for admission to academic programmes of the 2022-23 sessions of the public and private ...

Published 22 Aug, 2022 06:33am

‘Karachi Rights March’: JI highlights chronic civic issues of Karachi

KARACHI: A large number of people attended a ‘Karachi Rights March’, organized by the Jamaat-e-Islami (JI)...

Published 22 Aug, 2022 06:33am

Most districts of Sindh: Heavy rainfall with thunderstorm from Tuesday likely

KARACHI: The Met Office has forecast moderate to heavy rainfall with thunderstorm in most of the districts of Sindh...

Published 22 Aug, 2022 06:33am

Power Cement joins ACCA’s community of approved employers

KARACHI: Power Cement Limited is pleased to announce inclusion in ACCA’s 7,800 plus global Approved Employer...

Published 22 Aug, 2022 06:33am

Koh-e-Suleman torrents surge after heavy rains

RAJANPUR: Most of the hill torrents originated from Koh-e-Suleman range have become ferocious after heavy spell of...

Published 22 Aug, 2022 06:33am

Energy

OGRA accused of creating unrest among oil marketing firms

LAHORE: Oil and Gas Regulatory Authority is deliberately trying to create unrest among the Oil Marketing Industry by...

Published 22 Aug, 2022 06:33am

Agreement for welfare of patrolling police personnel

FAISALABAD: With the guidance of SSP Patrolling Police Faisalabad Region Mirza Anjum Kamal and the special efforts ...

Published 22 Aug, 2022 06:33am

SIU arrests 3 members of ‘Khuzdari’ gang

KARACHI: The Special Investigation Unit (SIU) of Crime Investigation Agency (CIA) Karachi on Sunday announced...

Published 22 Aug, 2022 06:33am

Energy

CPEC hydropower project: Last stator frame put in place

BEIJING: The last stator frame at the Suki Kinari hydropower project has been hoisted successfully and lowered into...

Published 22 Aug, 2022 06:33am

PMA calls for resolution of PMC issue

KARACHI: Pakistan Medical Association in its Central Council meeting at PMA House Karachi on Sunday urged the ...

Published 22 Aug, 2022 06:33am

Minister visits Hyderabad’s rain-affected areas

HYDERABAD: The Sindh Information Minister Sharjeel Inam Memon said the provincial govt did not want to close...

Published 22 Aug, 2022 06:33am

Case against Imran Khan under consideration, says Sanaullah

ISLAMABAD: Federal Interior Minister Rana Sanaullah announced on Sunday that federal government was considering to...

Published 22 Aug, 2022 06:33am

Rates

Futures spread up 1942bps

KARACHI: The futures spread increased by 1942bps to 19.50 percent on the last day of the outgoing week. Trading...

Published 22 Aug, 2022 06:33am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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