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Jun 02, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-04-16
German public sector unions resume wage talks after strikes

German public sector unions resume wage talks after strikes

German public sector unions began a decisive round of wage talks with employers Sunday, after staging a series of strikes that caused disruptions at airports, train stations, hospitals and daycare centres. Some 150,000 public sector workers took part in h
Published 16 Apr, 2018 12:00am
Taimur wins third Asghar Khan Memorial Golf Championship

Taimur wins third Asghar Khan Memorial Golf Championship

International golfer Taimur Naseer with his Net score 11 under 205 over 54-holes clinched the trophy of the 3rd Asghar Khan Memorial Amateur Golf Championship played at PAF Golf Course here Sunday. Struggling at No. 6 Taimur Naseer on the first day with h
Published 16 Apr, 2018 12:00am
Badminton great Lee seals Commonwealth hat-trick

Badminton great Lee seals Commonwealth hat-trick

Malaysian great Lee Chong Wei roared back from a game down to beat India's new world number one Kidambi Srikanth and win his third Commonwealth Games singles gold on Sunday. The 25-year-old Srikanth, who only reached the top ranking on Thursday, went some
Published 16 Apr, 2018 12:00am
Bolt on the decks as Games spin to a close

Bolt on the decks as Games spin to a close

Usain Bolt took a turn as DJ as the Gold Coast said goodbye to the Commonwealth Games on Sunday after an 11-day tournament where Australia topped the medals table by a distance. Bolt made a surprise appearance on the decks as the Games closed in a colourf
Published 16 Apr, 2018 12:00am
New Zealand stun Fiji to seal Commonwealth rugby double

New Zealand stun Fiji to seal Commonwealth rugby double

New Zealand shut out Olympic champions Fiji 14-0 to seal a gold medal double at the Commonwealth Games after winning the inaugural women's title in extra-time on Sunday. New Zealand's fifth victory in six finals at the Games came after their women's team
Published 16 Apr, 2018 12:00am
Colombian team defends show jumper accused of 'mechanical doping'

Colombian team defends show jumper accused of 'mechanical doping'

Colombian rider Carlos Enrique Lopez Lizarazo will ride on Sunday without the equipment that had brought accusations of "mechanical doping" at the show jumping world championship in Paris. The International Equestrian Federation (FEI) indicated that for t
Published 16 Apr, 2018 12:00am
Cilic eyeing world number one ranking

Cilic eyeing world number one ranking

Croatia's Marin Cilic said on Sunday he has his sights set on the top of the world rankings after his recent rise to number three. Defending champion Rafael Nadal has to win the Monte Carlo Masters this week to retain the world number one spot ahead of Ro
Published 16 Apr, 2018 12:00am
Shot clock probably a negative for fans, says Nadal

Shot clock probably a negative for fans, says Nadal

World number one Rafael Nadal said on Sunday that the introduction of a shot clock could cause problems, especially after particularly gruelling points. A 25-second shot clock is set to be used at the US Open later this year, in order to stronger enforce
Published 16 Apr, 2018 12:00am
Manchester City crowned champions after United defeat

Manchester City crowned champions after United defeat

Manchester City were crowned Premier League champions on Sunday as Manchester United crashed to a shock 1-0 defeat against West Bromwich Albion. City had moved within touching distance of the title with a 3-1 win at Tottenham on Saturday. They clinched th
Published 16 Apr, 2018 12:00am
Ricciardo savours 'shoey' after storming to sensational Chinese GP win

Ricciardo savours 'shoey' after storming to sensational Chinese GP win

Red Bull's Daniel Ricciardo celebrated with a trademark 'shoey' after winning a sensational Chinese Grand Prix in thrilling style on Sunday. The Australian carved his way through the field from sixth place, after taking on fresh tyres under a safety car,
Published 16 Apr, 2018 12:00am
Pakistan Test squad for England and Ireland series announced

Pakistan Test squad for England and Ireland series announced

After a five-day fitness camp at Qadhafi Stadium, Pakistan Cricket Board (PCB) on Sunday announced a 16-member squad for the upcoming tour of England and Ireland excluding batsman Fawad Alam, pacer Wahab Riaz while focusing on batsmen. Nine batsmen have b
Published 16 Apr, 2018 12:00am
Massive march in Barcelona against jailing of separatist leaders

Massive march in Barcelona against jailing of separatist leaders

Hundreds of thousands of people marched in Barcelona on Sunday to protest the jailing of nine Catalan separatist leaders facing trial on "rebellion" charges. Chanting "Freedom for the political prisoners", they marched along Parallel Avenue, a main thorou
Published 16 Apr, 2018 12:00am
More snow, rain and winds to blast parts of US

More snow, rain and winds to blast parts of US

Deadly spring storms that spawned tornadoes in the US South and blizzards in the Plains and Midwest will continue to blast across the region Sunday bringing more snow, rain and wind that have shut down airports and left thousands without power. The storms
Published 16 Apr, 2018 12:00am
Starbucks CEO apologizes for 'reprehensible' arrest of two black men

Starbucks CEO apologizes for 'reprehensible' arrest of two black men

The CEO of Starbucks has apologized for an incident at one of the mammoth chain's Philadelphia cafes where two black men were arrested while waiting for a friend. A video of the incident, posted Thursday on Twitter, was viewed millions of times and drew w
Published 16 Apr, 2018 12:00am
Fresh clashes as anti-capitalists attempt to rebuild French camp

Fresh clashes as anti-capitalists attempt to rebuild French camp

Police said hundreds of activists attacked officers on Sunday ahead of a peaceful rally to protest the forced closure of an anti-capitalist camp in western France. A week of clashes erupted on Monday when police launched an eviction operation at Notre-Dam
Published 16 Apr, 2018 12:00am
Another rape adds to protesters' fury over Indian justice on sex crimes

Another rape adds to protesters' fury over Indian justice on sex crimes

Days after a lawmaker from India's ruling party was arrested in connection with a teenager's rape, a sexual attack on an 11-year-old girl was reported on Sunday in Gujarat, the latest in a string of cases that have sparked protests across the country. Pro
Published 16 Apr, 2018 12:00am
Award-winning Italian filmmaker Vittorio Taviani dies

Award-winning Italian filmmaker Vittorio Taviani dies

Italian filmmaker and Cannes Film Festival winner Vittorio Taviani has died aged 88, according to media reports on Sunday citing family sources. Taviani and his brother Paolo formed one of cinema's greatest directorial duos and made politically engaged fi
Published 16 Apr, 2018 12:00am
Israel to free 207 African migrants from prison

Israel to free 207 African migrants from prison

Israel will release 207 African migrants from prison following a supreme court ruling after Prime Minister Benjamin Netanyahu controversially reversed a deal with the UN refugee agency on the detainees' fate. There are around 42,000 African migrants in Is
Published 16 Apr, 2018 12:00am
Afghans register to vote in long-delayed elections

Afghans register to vote in long-delayed elections

Afghanistan has begun registering voters across the war-torn country as it tries to ensure that long-delayed legislative elections scheduled for October are seen as credible and fraud-free. In an operation that began at the weekend and will last for two m
Published 16 Apr, 2018 12:00am
Power outage hits Kabul after militants attack pylon

Power outage hits Kabul after militants attack pylon

A massive power outage in Kabul has left many residents of the Afghan capital with no lights or running water, officials said Sunday, after militants blew up an electricity pylon in the restive north. A pre-dawn attack Saturday on a transmission tower in
Published 16 Apr, 2018 12:00am
China, Japan ministers pave way for rare summits
Exchange

China, Japan ministers pave way for rare summits

The leaders of China and Japan are expected to pay reciprocal visits as relations between their countries warm, the Japanese foreign minister said on Sunday. After rare talks with his Chinese counterpart Wang Yi, Taro Kono said the ministers had "forward-
Published 16 Apr, 2018 12:00am
North Korea commemorates birth of its founder

North Korea commemorates birth of its founder

Thousands of North Korean devotees laid flowers before statues of the country's founder Kim Il Sung Sunday on the anniversary of his birth. A constant stream of soldiers in brown uniforms, work unit personnel in suits, schoolchildren and families made the
Published 16 Apr, 2018 12:00am
New push for referendum on final Brexit deal

New push for referendum on final Brexit deal

A new cross-party campaign for a referendum on Britain's EU departure deal was to launch on Sunday, insisting the British public - and not just politicians - should be given a say. Calling itself the People's Vote campaign, the push wants a referendum so
Published 16 Apr, 2018 12:00am
US to impose new Russia sanctions over Syria: Haley

US to impose new Russia sanctions over Syria: Haley

The United States will impose new sanctions on Russia over an alleged chemical attack by the Syrian regime of President Bashar al-Assad, US ambassador to the United Nations Nikki Haley said Sunday. Haley said the sanctions, to be announced Monday by Treas
Published 16 Apr, 2018 12:00am
US, LatAm countries warn Venezuela over presidential election

US, LatAm countries warn Venezuela over presidential election

The United States and more than a dozen Latin American countries on Saturday warned Venezuela its presidential election next month would be seen as illegitimate by the region unless it restored democratic standards. The May 20 poll would be "void of legit
Published 16 Apr, 2018 12:00am
Mahathir to contest on holiday island in election

Mahathir to contest on holiday island in election

Malaysia's veteran ex-leader Mahathir Mohamad will run at an upcoming general election on the holiday island of Langkawi, the opposition announced Sunday, as he seeks to oust the scandal-plagued government. Mahathir has come out of retirement and joined t
Published 16 Apr, 2018 12:00am
Iran bans foreign social media networks in schools

Iran bans foreign social media networks in schools

Iran's ministry of education on Sunday banned the use of foreign social media networks in schools, the ILNA news agency reported, amid a push by Tehran to limit the influence of outside online platforms. Schools must "only use domestic social networks" fo
Published 16 Apr, 2018 12:00am
Trump lashes out at ex-FBI chief in new Twitter storm

Trump lashes out at ex-FBI chief in new Twitter storm

Donald Trump launched into another Twitter tirade against James Comey on Sunday, hours before the broadcast of an extended interview with the fired former FBI director about his interactions with the US president. Excerpts of the interview with ABC News a
Published 16 Apr, 2018 12:00am
Four transport routes approved for new IIA

Four transport routes approved for new IIA

The regional transport authorities of Islamabad-Rawalpindi have approved four new public transport routes to link the twin cities with the new International Islamabad Airpport and facilitate commuters The authorities approved a public transport route from
Published 16 Apr, 2018 12:00am
Former CJP slams PML-N for crying foul over SC verdicts

Former CJP slams PML-N for crying foul over SC verdicts

Former chief justice of Pakistan Iftikhar Muhammad Chaudhry, reacting to the Supreme Court's recent ruling on time-limit for lawmakers' disqualification, said the apex court used its constitutional powers to interpret Article 62 (1)(f) of Constitution.
Published 16 Apr, 2018 12:00am
Over 400 Pakistani-Americans hold Washington Convention

Over 400 Pakistani-Americans hold Washington Convention

More than 400 members of the Pakistani-American community from across the United States converged on the Pakistan Embassy in Washington to hold threadbare discussion on coordinating efforts to promote the Diaspora as a cohesive entity and an effective voi
Published 16 Apr, 2018 12:00am
Siraj hints at inviting TLP to join MMA

Siraj hints at inviting TLP to join MMA

Chief of Jamaat-e-Islami (JI) Senator Siraj-ul-Haq has hinted at extending of invitation to Tehrik-e-Labaik Pakistan (TLP) to join the religious political alliance of Muthahida Majlis-e-Amal (MMA) and prevent the division of religious votes.
Published 16 Apr, 2018 12:00am
Qaqlasht festival under way at 8000-feet high tourist resort

Qaqlasht festival under way at 8000-feet high tourist resort

A four-day Qaqlasht festival, started on April 13, is in full swing at the 8000 feet high tourist resort Qaqlasht in Chitral. Hundred of local people, tourists and students from across the country are participating in the festival, said a press release.
Published 16 Apr, 2018 12:00am
ANP urges judiciary to leave political matters for parliament

ANP urges judiciary to leave political matters for parliament

ANP president, Asfandyar Wali Khan, has said that controversial decisions in political cases is making the position of the Supreme Court controversial and requested the apex court to avoid involvement in political matters and such issues should be left ov
Published 16 Apr, 2018 12:00am
6,800 avail SMEDA's services under PMYBL scheme

6,800 avail SMEDA's services under PMYBL scheme

Around 6,800 applicants of the Prime Minister's Youth Business Loan (PMYBL) scheme availed pre-feasibility studies and business plans prepared by the Small and Medium Enterprises Development Authority (SMEDA) and total loan amount sanctioned to such indiv
Published 16 Apr, 2018 12:00am
Hindko language poet's death anniversary observed

Hindko language poet's death anniversary observed

The Gandhara Hindko Board arranged a function at the Gandhara Hindko Academy to mark the 81st death anniversary of the great Hindko language mystic poet, Sain Ahmad Ali. Iqbal Sikandar, a known writer, an expert on the mystic poetry and former director ge
Published 16 Apr, 2018 12:00am
Sanjrani travels to Lahore by train

Sanjrani travels to Lahore by train

Senate Chairman Sadiq Sanjrani on Sunday travelled from Islamabad to Lahore via Pakistan Railways unlike many of his predecessors who had been avoiding it cautiously. While Senate Chairman Sanjrani chose not to speak to the media during the train journey,
Published 16 Apr, 2018 12:00am
Business partners for promoting Umrah, Hajj season

Business partners for promoting Umrah, Hajj season

Yousuf Peerwani CEO Peerwani Hajj Group and Abdul Basit Khan Manager Marketing ZamZam Pullman Makkah & Madinah welcome Business partners for promising Umrah and Hajj Season. ZamZam Pullman Makkah & Madinah are part of cosmopolitan Pullman brand, which is
Published 16 Apr, 2018 12:00am
HCCI submits budget proposals

HCCI submits budget proposals

The Hyderabad Chamber of Commerce and Industry has submitted proposals to the government for incorporation in the Budget 2018-2019 in order to bring maximum numbers of the business community into the tax net with provision of required facilities for impro
Published 16 Apr, 2018 12:00am
HCCI submits budget proposals

HCCI submits budget proposals

The Hyderabad Chamber of Commerce and Industry has submitted proposals to the government for incorporation in the Budget 2018-2019 in order to bring maximum numbers of the business community into the tax net with provision of required facilities for impro
Published 16 Apr, 2018 12:00am
Poor sanitation disrupts citizens in Quetta

Poor sanitation disrupts citizens in Quetta

Accumulation of rain and sanitation water due to poor sanitation system has created problems for the people of provincial capital Quetta. Interim rain continued in Quetta and surrounding areas of provincial capital. Poor sanitation system led to accumulat
Published 16 Apr, 2018 12:00am
Prices of essential kitchen items remain steady

Prices of essential kitchen items remain steady

Prices of important kitchen items have remained unchanged in retail market as no significant increase or change was witnessed in preceding week as compared to last week, according to survey conducted by Business Recorder here on Sunday.
Published 16 Apr, 2018 12:00am
Prices of food items on decline in Mohmand Agency

Prices of food items on decline in Mohmand Agency

Prices of daily use commodities in the wake of waving off /abolishing of all taxes on food items and 38 others non-food items observed decreasing in tribal Mohmand Agency on Sunday. Officials of the Political administration including political Naib Tehsil
Published 16 Apr, 2018 12:00am
CCP directs battery makers to display material information

CCP directs battery makers to display material information

The Competition Commission of Pakistan (CCP) has directed battery manufacturers that all material information pertaining to the batteries capacity and their utility and any other conditions should be prominently displayed in clear and unambiguous language
Published 16 Apr, 2018 12:00am
Research study on 'Cheese Value Chain'

Research study on 'Cheese Value Chain'

Small and Medium Enterprises Development Authority (SMEDA) has published a research study on 'Cheese Value chain' as the dairy and livestock sector had the potential to accelerate the pace of economic development of the country. Official sources told B
Published 16 Apr, 2018 12:00am
Shahbaz assures Nisar of redressing the balance

Shahbaz assures Nisar of redressing the balance

Pakistan Muslim League-Nawaz (PML-N) president Chief Minister Shahbaz Sharif on Sunday assured disgruntled party leader Chaudhry Nisar Ali Khan that all his grievances with the party leadership will be resolved soon. In his third meeting with Nisar in a w
Published 16 Apr, 2018 12:00am
PTI, MIG enter into electoral alliance

PTI, MIG enter into electoral alliance

Pakistan Tehrik-e-Insaf (PTI) has entered into alliance with Saleem Saifullah headed Marwat Ittehad Group (MIG) for the upcoming general elections. The Marwat Ittehad and PTI have decided to contest general elections will mutual cooperation and consultati
Published 16 Apr, 2018 12:00am
Raheel Sharif donates Rs 2 million to GCU EFT

Raheel Sharif donates Rs 2 million to GCU EFT

Former Chief of Army Staff, General Raheel Sharif (retd) has donated Rs two million to the Government College University Lahore Endowment Fund Trust (GCU EFT) for the fee of financially-challenged students. Addressing the Old Ravians Union (ORU) Annual Di
Published 16 Apr, 2018 12:00am
ECP fixes 24th as deadline for reviewing electoral rolls

ECP fixes 24th as deadline for reviewing electoral rolls

The Election Commission of Pakistan (ECP) Sunday fixed April 24, as deadline for reviewing electoral rolls.Official sources told APP that entry, transfer and cancellation of vote is allowed until the given deadline. People can get details of their votes b
Published 16 Apr, 2018 12:00am
Sattar rules out possibilities of joining PSP

Sattar rules out possibilities of joining PSP

Muttahida Qaumi Movement-Pakistan (MQM-P) chief Dr Farooq Sattar ruled out the possibility of joining Pak Sarzameen Party (PSP) saying he would prefer death to joining PSP or any other party. He made this assertion at a hurriedly-called press conference S
Published 16 Apr, 2018 12:00am
MQM-P's MPA Sumeta joins PSP

MQM-P's MPA Sumeta joins PSP

Another legislator quit Muttahida Qaumi Movement-Pakistan (MQM-P) and joined Pak Sarzameen Party, here on Sunday. Sumeta Afzal, elected on reserved seat for women announced her joining of the Pak Sarzameen Party as many MNAs and MPAs have bidden farewell
Published 16 Apr, 2018 12:00am
Elections should be contested on basis of performance: Saad

Elections should be contested on basis of performance: Saad

Railways Minister Khawaja Saad Rafique said on Sunday that election should be contested on the basis of performance, instead of leveling allegations and using abusive language. Addressing the inaugural ceremony of residential apartments for class-III and
Published 16 Apr, 2018 12:00am
Rain-thunderstorm forecast for KP, Fata

Rain-thunderstorm forecast for KP, Fata

The Provincial Met Office on Sunday forecast partly cloudy weather for most parts in KP and Fata. However rain-thunderstorm with gusty winds is expected at isolated places in Peshawar, Charsadda, Nowshera, Mardan, Swabi, Kohat, Hangu,Karak, Malakand, Shan
Published 16 Apr, 2018 12:00am
Pakistani students' stunning performance enthrals audience in Beijing

Pakistani students' stunning performance enthrals audience in Beijing

An exquisite and stunning performance of Pakistani students featuring multiple glimpses of Pakistani culture enthralled the audience on a "Culture Day" at Beijing Institute of Technology (BIT) here on Sunday. Attired in vibrant costumes of their respectiv
Published 16 Apr, 2018 12:00am
Sherpao for redressal of tribal people's grievances

Sherpao for redressal of tribal people's grievances

Qaumi Watan Party (QWP) chairman Aftab Ahmad Khan Sherpao said grievances of the tribal people should be redressed and uplift activities should be initiated in FATA to remove the uncertainty of tribal people. He said this while addressing public gathering
Published 16 Apr, 2018 12:00am
'Pakistan Zindabad' rally held at Bab-e-Khyber

'Pakistan Zindabad' rally held at Bab-e-Khyber

To express affiliation and emotional attachment to their motherland, the tribesmen of Khyber Agency held Pakistan Zindabad rally at Bab-e-Khyber, tehsil Jamrud on Sunday. The event that was organized under the auspices of Pakistan Zendabad (Long Live Paki
Published 16 Apr, 2018 12:00am
Marriyum condemns firing at residence of Justice Ahsan

Marriyum condemns firing at residence of Justice Ahsan

Minister of State for Information, Broadcasting, National History and Literary Heritage Ms Marriyum Aurangzeb Sunday strongly condemned the incident of firing at the residence of Supreme Court judge Justice Ijazul Ahsan.
Published 16 Apr, 2018 12:00am
33rd PMA biennial medical moot to be held on November 23 in Peshawar

33rd PMA biennial medical moot to be held on November 23 in Peshawar

Pakistan Medical Association (PMA) has announced to hold Biennial Medical Conference 2018 after a long period of sixteen years in Peshawar and pleaded to the Supreme Court of Pakistan to time-frame for the elections of Pakistan Medical & Dental Council (P
Published 16 Apr, 2018 12:00am
Leadership transition in China SHAHID SHEIKH (KARACHI)

Leadership transition in China SHAHID SHEIKH (KARACHI)

Dr Maqsudul Hasan Nuri, Business Recorder ope-ed writer, in his recent two-part series titled "Leadership transition" in China has thrown ample light on the present day China. He has passionately touched almost all aspects of the former Middle King
Published 16 Apr, 2018 12:00am
On trade 'remedies' US barks, but where is the bite?

On trade 'remedies' US barks, but where is the bite?

President Donald Trump's administration claims it has doubled America's efforts to fight unfair trade, compared to Barack Obama's presidency. But a closer look at data from US trade officials' efforts to counter the dumping and illegitimate subsidies accu
Published 16 Apr, 2018 12:00am
The Facebook 'leaks'

The Facebook 'leaks'

A world overburdened with power, conspiracies, intrigue will crack under the weight of an overload of hidden data creating crevices that lead to breach of secrecy and security. The WikiLeaks and the Panama Leaks were more of the past dirty behavior of lea
Published 16 Apr, 2018 12:00am
The controversial budget date

The controversial budget date

In today's highly politically-charged atmosphere the debate on whether the government has the authority - constitutional or moral - to present the sixth budget with 34 days remaining till the end of its tenure has assumed the status of a full blown confro
Published 16 Apr, 2018 12:00am
TLP action in Punjab

TLP action in Punjab

The newly-formed Tehreek-e-Labbaik (TLP) Pakistan that held the disastrous Islamabad sit-in, staged yet another show of force on Thursday, blocking all entry and exit points in various cities of Punjab to bring the government under pressure for the implem
Published 16 Apr, 2018 12:00am
Structural reforms remain ignored
Exchange

Structural reforms remain ignored

The Asian Development Outlook (ADO), an annual publication of the Asian Development Bank, that analyzes and forecasts the state of the economy of member states, uploaded on its website on 11 April 2018 reiterated the emergent need for structural reforms i
Published 16 Apr, 2018 12:00am
Amnesty Scheme 2013: FTO issues notice to secretary revenue, FBR chief

Amnesty Scheme 2013: FTO issues notice to secretary revenue, FBR chief

Federal Tax Ombudsman (FTO) has issued notice to secretary Revenue Division and chairman Federal Board of Revenue (FBR) in a complaint filed for recovery of untaxed/black money introduced under Amnesty Scheme earlier notified by the present government vid
Published 16 Apr, 2018 12:00am
Amnesty Scheme 2013: FTO issues notice to secretary revenue, FBR chief

Amnesty Scheme 2013: FTO issues notice to secretary revenue, FBR chief

Federal Tax Ombudsman (FTO) has issued notice to secretary Revenue Division and chairman Federal Board of Revenue (FBR) in a complaint filed for recovery of untaxed/black money introduced under Amnesty Scheme earlier notified by the present government vid
Published 16 Apr, 2018 12:00am
Amnesty Scheme 2013: FTO issues notice to secretary revenue, FBR chief

Amnesty Scheme 2013: FTO issues notice to secretary revenue, FBR chief

Federal Tax Ombudsman (FTO) has issued notice to secretary Revenue Division and chairman Federal Board of Revenue (FBR) in a complaint filed for recovery of untaxed/black money introduced under Amnesty Scheme earlier notified by the present government vid
Published 16 Apr, 2018 12:00am
Saudi king slams Iran, US Jerusalem move

Saudi king slams Iran, US Jerusalem move

Saudi Arabia's King Salman on Sunday slammed Iran's "blatant interference" in the region and lashed out at the US over Jerusalem as Arab leaders met in the kingdom for their annual summit. The 82-year-old monarch dubbed the Arab League meet the "Jerusalem
Published 16 Apr, 2018 12:00am
Saudi king slams Iran, US Jerusalem move

Saudi king slams Iran, US Jerusalem move

Saudi Arabia's King Salman on Sunday slammed Iran's "blatant interference" in the region and lashed out at the US over Jerusalem as Arab leaders met in the kingdom for their annual summit. The 82-year-old monarch dubbed the Arab League meet the "Jerusalem
Published 16 Apr, 2018 12:00am
JIT to probe into firing on residence of Justice Ijazul Ahsan

JIT to probe into firing on residence of Justice Ijazul Ahsan

A Joint Investigation Team (JIT) has been formed to probe into the incident of firing on residence of Supreme Court (SC) judge, Justice Ijazul Ahsan in Lahore on Sunday. Two separate firing incidents were reported at the residence of Supreme Court Justice
Published 16 Apr, 2018 12:00am
Allies keep Syria options open

Allies keep Syria options open

Western powers have no plans for further missile strikes on Syria but will assess their options if Damascus uses chemical weapons again, Britain's foreign minister said on Sunday as debate raged over the legality and effectiveness of the raids.
Published 16 Apr, 2018 12:00am
Futures spread up by 219 basis points

Futures spread up by 219 basis points

The futures spread increased by 219bps to 6.21 percent on the last day of outgoing week. Trading activities on the futures counter remained low as average daily volumes decreased by 17.4 percent to 43.75 million shares. The average daily trading value dec
Published 16 Apr, 2018 12:00am
Futures spread up by 219 basis points

Futures spread up by 219 basis points

The futures spread increased by 219bps to 6.21 percent on the last day of outgoing week. Trading activities on the futures counter remained low as average daily volumes decreased by 17.4 percent to 43.75 million shares. The average daily trading value dec
Published 16 Apr, 2018 12:00am
Dullness prevails
Exchange

Dullness prevails

Pakistan Stock Exchange witnessed bearish trend during the outgoing week ended on April 13, 2018 due to selling mainly by local investors. BRIndex100 lost 63.95 points on week-on-week basis to close at 5,007.56 points. The average daily trading volumes st
Published 16 Apr, 2018 12:00am
Dullness prevails
Exchange

Dullness prevails

Pakistan Stock Exchange witnessed bearish trend during the outgoing week ended on April 13, 2018 due to selling mainly by local investors. BRIndex100 lost 63.95 points on week-on-week basis to close at 5,007.56 points. The average daily trading volumes st
Published 16 Apr, 2018 12:00am
Dullness prevails
Exchange

Dullness prevails

Pakistan Stock Exchange witnessed bearish trend during the outgoing week ended on April 13, 2018 due to selling mainly by local investors. BRIndex100 lost 63.95 points on week-on-week basis to close at 5,007.56 points. The average daily trading volumes st
Published 16 Apr, 2018 12:00am
World Bank projects 5.8 percent growth
Exchange

World Bank projects 5.8 percent growth

World Bank (WB) has projected GDP growth for Pakistan to reach 5.8 percent in fiscal year 2018, but warned that macroeconomic imbalances are widening as macroeconomic and political risks have increased. The WB report tilted "South Asia Economic Focus, job
Published 16 Apr, 2018 12:00am
World Bank projects 5.8 percent growth
Exchange

World Bank projects 5.8 percent growth

World Bank (WB) has projected GDP growth for Pakistan to reach 5.8 percent in fiscal year 2018, but warned that macroeconomic imbalances are widening as macroeconomic and political risks have increased. The WB report tilted "South Asia Economic Focus, job
Published 16 Apr, 2018 12:00am
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