News Archives for Print - 2019-06-23

Citi sees case for Fed to lower rates by 50 bps in July

Citi economists said on Friday if the Federal Reserve decides to lower US interest rates next month, it would do so with a bold 50 basis-points cut, together with an earlier end of its balance sheet reduction. They said they maintain a base case the US ce

Published 23 Jun, 2019 12:00am

Seven dead in Cambodia building collapse

At least seven people died Saturday when an under-construction building owned by a Chinese company collapsed at a Cambodian beach resort, officials said, as hundreds of rescue workers searched for survivors in the giant rubble heap. The building went down

Published 23 Jun, 2019 12:00am

Sri Lanka extends emergency

A state of emergency was extended by Sri Lanka's President Saturday, going back on pledges to relax the tough laws introduced after the Easter Sunday attacks that killed 258 people. Maithripala Sirisena said in a decree he believed there was a "public eme

Published 23 Jun, 2019 12:00am

US writer says Trump sexually assaulted her in mid-1990s

An advice columnist for Elle fashion magazine said Friday that Donald Trump sexually assaulted her in the dressing room of a New York department store more than two decades ago, an accusation swiftly denied by the US president. According to E. Jean Carrol

Published 23 Jun, 2019 12:00am

Climate activists occupy giant German coal mine

Several hundred climate activists evaded police to enter an open-cast mine run by energy giant RWE in western Germany Saturday, a day after tens of thousands campaigned against the use of coal. The activists, many dressed in white overalls and carrying sl

Published 23 Jun, 2019 12:00am

Three dead in central Paris fire

Three people died and another was seriously injured in a fire that broke out in a building in central Paris in the early hours of Saturday, fire services said. One of the victims died after falling from the six-storey block of flats situated in the 11th d

Published 23 Jun, 2019 12:00am

Nine killed in Hawaii twin-engine plane crash

A light aircraft crashed in northern Hawaii killing nine passengers Friday, authorities said. The twin engine King Air plane went down near an airfield on Oahu island's North Shore, according to Hawaii's Department of Transport (HDOT). "With extreme sadne

Published 23 Jun, 2019 12:00am

Shallow 5.3 quake shakes China

A shallow 5.3 earthquake shook China's southwest Sichuan Province on Saturday, less than a week after a larger quake in the same region killed 13 and left dozens injured. There were no immediate reports of casualties or damage from the earthquake that occ

Published 23 Jun, 2019 12:00am

US peace plan to raise $50 billion, create million Palestinian jobs

The United States said Saturday that its Middle East peace plan to be presented next week in Bahrain aims to raise more than $50 billion for the Palestinians and create one million jobs for them within a decade. Unveiling details for the first time of its

Published 23 Jun, 2019 12:00am

Barty reaches Birmingham final to boost world number one bid

French Open champion Ashleigh Barty is one win away from becoming the first Australian to be crowned women's world number one in 43 years after reaching the final of the WTA event in Birmingham on Saturday. Barty beat Barbora Strycova 6-4, 6-4 in the Birm

Published 23 Jun, 2019 12:00am

Federer to meet Goffin in 'special' 13th Halle final

Roger Federer said it was a "special" feeling to reach the final of the ATP event in Halle for a 13th time after beating Pierre-Hugues Herbert 6-3, 6-3 in Saturday's semi-final. Federer is chasing a record-extending tenth title at the pre-Wimbledon grass

Published 23 Jun, 2019 12:00am

Uganda end 41-year wait for Africa Cup victory

Uganda ended a 41-year wait for an Africa Cup of Nations victory when they upset the Democratic Republic of Congo 2-0 Saturday in a Group A match in Cairo. The Cranes last won at the showcase of African football in March 1978, defeating Nigeria in a semi-

Published 23 Jun, 2019 12:00am

Egypt grind out win to launch Africa Cup of Nations

Mohamed Salah's Egypt started their bid for a record-extending eighth Africa Cup of Nations trophy on Friday with a 1-0 win over Zimbabwe in Cairo in the opening game of a tournament expanded to 24 teams and played in June and July for the first time. Liv

Published 23 Jun, 2019 12:00am

Sarfaraz urges angry Pakistan fans to stop World Cup abuse

Embattled Pakistan captain Sarfaraz Ahmed has pleaded with furious fans to stop abusing his team ahead of Sunday's World Cup clash against South Africa. Pakistan's painful defeat against bitter rivals India in Manchester last Sunday sparked a furious reac

Published 23 Jun, 2019 12:00am

India beat Afghanistan in thriller

Mohammed Shami took a dramatic hat-trick to finally clinch a thrilling 11-run win over Afghanistan after the minnows threatened one of the biggest shocks in World Cup history in Southampton on Saturday. Afghanistan, appearing at only their second World Cu

Published 23 Jun, 2019 12:00am

India beat Afghanistan in thriller

Mohammed Shami took a dramatic hat-trick to finally clinch a thrilling 11-run win over Afghanistan after the minnows threatened one of the biggest shocks in World Cup history in Southampton on Saturday. Afghanistan, appearing at only their second World Cu

Published 23 Jun, 2019 12:00am

Fall armyworm invades crops across Asia, smallholders worst hit

Looking out at his empty, red-earth field, Thai farmer Puang Timdon said his two-week-old maize crop didn't stand a chance against the fall armyworm pest. "All the 8 rai (1.28 hectare) I planted were all heavily infested," said the 42-year-old from his fa

Published 23 Jun, 2019 12:00am

Australian wheat output under threat as dry weather set to linger

Dry weather will persist across Australia until at least the end of September, the country's weather bureau said on Thursday, in a forecast that threatens to further lower wheat production in the world's No. 4 exporter. There is just a 30% chance that Aus

Published 23 Jun, 2019 12:00am

EU set for big winter barley crop after 2018 disaster

Europe is facing a strong rise in its 2019 winter barley harvest following massive drought damage a year before, bringing improved supplies for farmers. Winter barley, used for animal feed, suffered massive damage from a heatwave last summer, forcing Euro

Published 23 Jun, 2019 12:00am

Charter of economy: PM agrees to form committee: Qaiser

Speaker National Assembly Asad Qaiser says Prime Minister Imran Khan has agreed to the constitution of a Special Committee on Charter of Economy to cope with economic challenges facing the country. In tweets on his social media account, Asad Qaiser said h

Published 23 Jun, 2019 12:00am

FY 2019-20: KP allocates Rs 404.9 billion under salaries, pension heads

The provincial government of Khyber Pakhtunkhwa has estimated an expenditure of Rs 325.9 billion for total provincial and district salaries (for settled districts) as well as pension and another amount of Rs 79 billion for meeting the current side expendi

Published 23 Jun, 2019 12:00am

Libor

Jazz & Telenor: IHC directs PTA to decide renewal of companies licences by July 15

The Islamabad High Court (IHC) has directed Pakistan Telecommunication Authority (PTA) to decide about the renewal of licences of the mobile companies by July 15.

Published 23 Jun, 2019 12:00am

Balochistan CM chairs meeting of joint parliamentary group

Balochistan Chief Minister Jam Kamal Khan on Saturday chaired a meeting of the joint parliamentary group to review strategy for the upcoming post-budget session. The joint parliamentary group adopted stance that the provincial government presented a balan

Published 23 Jun, 2019 12:00am

Firdous asks Bilawal to focus on Sindh government's performance

Special Assistant to the Prime Minister on Information and Broadcasting Firdous Ashiq Awan asked PPP Chairman Bilawal Bhutto Zardari to focus his attention on performance of his party's government in Sindh in lieu of criticising the federal government.

Published 23 Jun, 2019 12:00am

Plea to Speaker: PTI seeks Faryal Talpur's disqualification as MPA

Pakistan Tehreek-e-Insaf (PTI) on Saturday filed an application against Pakistan Peoples' Party (PPP) leader Faryal Talpur in Sindh Assembly. According to sources, PTI MPA Arsalan Taj filed an application in this regard in which he accused PPP MPA Faryal

Published 23 Jun, 2019 12:00am

APPSF slams government for not establishing paramedical council

All-Pakistan Paramedical Staff Federation (APPSF) has criticized the federal government for not establishing paramedical council and non-acceptance of their other demands. According to a press statement issued here on Saturday, in this connection an emerg

Published 23 Jun, 2019 12:00am

Grouping in Pakistan cricket team: IHC moved to form fact-finding commission

The Islamabad High Court has been asked to formulate a fact-finding commission over reports of grouping in the Pakistan cricket team that led to poor performance in the current World Cup.

Published 23 Jun, 2019 12:00am

Free wheat distribution in drought-hit areas

Deputy Commissioner Tharparkar, Dr Shehzad Tahir Thaheem while issuing daily progress on distribution of free wheat said that the fourth phase of free wheat distribution which started from May 31 is still continue on daily basis with the help of 387 senti

Published 23 Jun, 2019 12:00am

Pakistan Navy observes World Hydrography Day

Pakistan Navy observed World Hydrography Day with enthusiasm and with an aim to create awareness about the importance of Hydrography and its role towards blue economy & overall national growth.

Published 23 Jun, 2019 12:00am

Finance Bill 2019: withdrawal of several amendments to ST Act suggested

A sales tax expert has suggested withdrawal of several amendments introduced to the Sales Tax Act 1990 through Finance Bill 2019, keeping in view their negative implications in the sales tax regime from July 1, 2019.

Published 23 Jun, 2019 12:00am

Finance Bill 2019: withdrawal of several amendments to ST Act suggested

A sales tax expert has suggested withdrawal of several amendments introduced to the Sales Tax Act 1990 through Finance Bill 2019, keeping in view their negative implications in the sales tax regime from July 1, 2019.

Published 23 Jun, 2019 12:00am

Punjab urged to exploit hydel potential to overcome power crisis

Punjab must exploit its hydel potential to meet its growing needs of electricity by installing small generation units at barrages and canals sprawling throughout this province, said Mian Tanveer Ahmed Senior Vice President Faisalabad Chamber of Commerce &

Published 23 Jun, 2019 12:00am

Train fares to be raised by Rs 100 from July: Rashid

Minister for Railways Sheikh Rasheed Ahmed announced an increase by up to Rs 100 in train fares of economy class that will be applicable from next month. "Fares of different trains will be increased up to 10 per cent from the next month to contain losses

Published 23 Jun, 2019 12:00am

Train fares to be raised by Rs 100 from July: Rashid

Minister for Railways Sheikh Rasheed Ahmed announced an increase by up to Rs 100 in train fares of economy class that will be applicable from next month. "Fares of different trains will be increased up to 10 per cent from the next month to contain losses

Published 23 Jun, 2019 12:00am

Exchange

'Increasing export of agro-based products government's top priority'

Punjab Agriculture Minister Malik Nauman Ahmad Langrial has said that increasing export of agro-based products is the top priority of government and all necessary steps are being taken to uplift the agriculture for prosperity of growers.

Published 23 Jun, 2019 12:00am

Zardari rebuffs government's claim of seeking 'NRO'

Former president Asif Ali Zardari has rebuffed the government's claims he had sought a National Reconciliation Ordinance (NRO). Talking to journalists Saturday after attending the NA session, Zardari asked why he would seek NRO now when he did not ask for

Published 23 Jun, 2019 12:00am

Prices of kitchen items witness upward trend

Prices of essential kitchen items as well as other daily use items have witnessed a significant increase, a survey conducted by Business Recorder revealed here on Saturday. The survey observed that prices of rice, wheat, wheat flour, tea, shampoo,

Published 23 Jun, 2019 12:00am

Youth Festival case: NAB gets 14-day remand of PSB's ex-DG

An accountability court on Saturday send former Director General Punjab Sports Board, Usman Anwar in remand for 14 days in custody of the National Accountability Bureau (NAB) in case of alleged corruption in Punjab Youth Festival organized by PML-N's gove

Published 23 Jun, 2019 12:00am

Illicit trade: Customs, Motorways to curb movement of illicit goods

Model Customs Collectorate, Islamabad and DIG Motorways here on Saturday mutually agreed to expedite efforts against movement and distribution of smuggled goods and illicit trade of such non duty paid items.

Published 23 Jun, 2019 12:00am

Young girl's brain tumour removed through latest technique

Eleven years old girl Faria Azhar got her brain tumour removed through latest method of treatment (without opening head)done by renowned Neurologist Professor Dr Khalid Mahmud here at Punjab Institute of Neuro Sciences.

Published 23 Jun, 2019 12:00am

Buzdar orders crackdown on canal water-theft

Punjab Chief Minister Sardar Usman Buzdar has directed indiscriminate crackdown against the theft of canal water and issued necessary instructions to the Irrigation department in this regard. Special drive against the people involved in the water theft ha

Published 23 Jun, 2019 12:00am

Talks on FTA next month, says Indonesian envoy

Ambassador of Indonesia Iwan Suyudhieamri has said that negotiations for converting preferential trade agreement (PTA) into free trade agreement (FTA) will be held next month between the ministries of two countries. The Ambassador was speaking at the Laho

Published 23 Jun, 2019 12:00am

EFP EC hosts seminar with 'PUM Netherlands' on waste water management

"The Netherlands has a great worldwide reputation for waste water treatment and water management in the broader sense. We would like to work with the Government of Pakistan through the platform of Economic Council of Employers' Federation of Pakistan [EFP

Published 23 Jun, 2019 12:00am

Sindh government endowment fund to help treat HIV patients: Dr Azra

Sindh government is going to set up an endowment fund to help treat HIV/Aids patients, Sindh Health Minister, Dr Azra Pechuho told the Sindh Assembly on Saturday. "Sindh government has earmarked Rs 6 billion for providing immediate medical aid to the vict

Published 23 Jun, 2019 12:00am

Gold prices touch new peak

Gold prices on Saturday grew to a historic high of Rs78, 600 per tola after the world marked closed its trading at $1400 an ounce, traders said. With an increase of Rs500 per tola, the local market closed gold trading at Rs78, 600, which is now the new hi

Published 23 Jun, 2019 12:00am

Non-payment of ST refunds: Tractor industry facing liquidity crunch

The sales tax refunds over Rs 5 billion of the tractor industry are stuck in FBR, creating liquidity crunch for the sector. In a letter sent to the FBR's anomaly committee, Al-Ghazi Tractors Limited (AGTL) stated that due to financial issues being faced b

Published 23 Jun, 2019 12:00am

Pak-Iran freight train service resumes

Pakistan- Iran Freight Train Service has been restored after remaining suspended for four days due to derailment of nine bogies in Taftan area of Chagai district. According to official sources, the rescue teams of Pakistan Railways completed repair and re

Published 23 Jun, 2019 12:00am

NGO provides platform for discussing community's issues

"I have never attended such an informative session before as through this event the main stakeholders of the society, local government officials, civil society members and youth have come together to discuss the issues faced within the community and also

Published 23 Jun, 2019 12:00am

Carjacking cases on the rise in capital

The incidents of motor vehicle theft registered an increase as over 10 cases of car lifting were reported to different police stations of the city during the last week. According to data gathered by Business Recorder here on Saturday, over five cas

Published 23 Jun, 2019 12:00am

CAA asks airlines to use eco-friendly shopping bags at airports

Pakistan Civil Aviation Authority (PCAA) has directed all airlines, ground-handlers and other stakeholders functioning at the airports across the country to ensure use of environment-friendly biodegradable (disposable) shopping bags and stop using other p

Published 23 Jun, 2019 12:00am

Tribal districts: ANP for monitoring of polls by foreign observers

The provincial president, ANP Khyber Pakhtunkhwa, Aimal Wali Khan has demanded allowing local and international observers to monitor electoral process in the merged districts of the erstwhile FATA. In a statement issued from Bacha Khan Markaz here Saturda

Published 23 Jun, 2019 12:00am

Energy sector suffers owing to lack of vision & strategy: experts

Energy sector has immensely suffered due to lack of vision and strategy whereas focus has always remained on reckless capacity addition at exuberant cost. This was the expert opinion expressed at the 'Oil, Gas and Energy Conference 2019' that was 15th sin

Published 23 Jun, 2019 12:00am

Police claims arrest of Farishta's killer

Islamabad police Saturday claimed to have arrested the main culprit involved in the murder of 10-year-old girl Farishta who was killed allegedly after rape in the outskirts of federal capital. DIG (Operations) Waqar Uddin Syed while speaking with media pe

Published 23 Jun, 2019 12:00am

Protest in KP PA over ignoring southern districts in budget

The opposition legislators from southern districts staged protest in front of Speaker's dice against the ignoring of the region in the provincial budget for financial year 2019-20. The protesting opposition members were included Maulana Lutfur Rehman, Mah

Published 23 Jun, 2019 12:00am

Loans borrowed in 10 years: PML-N lawmakers slam govt for setting up inquiry commission

Pakistan Muslim League-Nawaz (PML-N) lawmakers in the National Assembly Saturday came down hard on the government for constituting a commission to probe into the loans borrowed during the last 10 years, saying the loans taken during past martial law and c

Published 23 Jun, 2019 12:00am

Austerity and simplicity

It is good to know that the finance division has effectively dispelled misperceptions about the budget and expenditure figures for Prime Minister's Office. The detractors of PTI government are therefore required to understand that PM Office has actually r

Published 23 Jun, 2019 12:00am

Hong Kongers emigrate as freedoms and living standards slide

Hong Kongers are looking for greener pastures overseas as the city's freedoms and living standards slide, with those emigrating saying the huge political protests rocking the international finance hub are just the latest catalyst. Edward, a Hong Kong info

Published 23 Jun, 2019 12:00am

Fear and frustration in Iran's capital after aborted US attack

Fear of a potential war and frustration over biting sanctions are high in Iran's capital, after a last-minute decision by the US to pull back from attacking the Islamic Republic. On the surface, it was business as usual on Saturday in Tehran's bustling Ka

Published 23 Jun, 2019 12:00am

Yemenis fear starvation after partial suspension of aid

In Yemen's capital Sanaa, Mohammed Omar is terrified he will not be able to feed his five children after the UN announced the partial suspension of aid in the rebel-held city. "I cannot provide food for them, except what we get monthly from the organisati

Published 23 Jun, 2019 12:00am

Exchange

Make cash holding difficult

Growing cash economy is becoming one of the biggest economic problems in the country, as it contributes towards looming domestic debt trap. The compliance of FATF is linked to documenting the economy, as cash instruments are used for terror financing and

Published 23 Jun, 2019 12:00am

Controversy over Awan-e-Sadr zoo

In this season of accountability in high places anything and everything is open to question, which is how it should be in a real, functioning democracy. One of the first acts of this government was to declare observance of austerity starting with the Prim

Updated 24 Jun, 2019 06:24am

Increase in retirement age

Of the promises that Imran Khan made on election trail, two had immense vote-catching potential. If elected he would build five million housing units and provide 10 million jobs, he promised. Of human cravings the most pressing is to have a roof over the

Updated 24 Jun, 2019 06:24am

US, Taliban to hold more talks on ending war

The United States and the Taliban will open fresh negotiations next week, the US negotiator said Saturday, as he voiced hope for progress in ending America's longest war. Zalmay Khalilzad, the US special representative on Afghanistan, said the two sides w

Published 23 Jun, 2019 12:00am

US, Taliban to hold more talks on ending war

The United States and the Taliban will open fresh negotiations next week, the US negotiator said Saturday, as he voiced hope for progress in ending America's longest war. Zalmay Khalilzad, the US special representative on Afghanistan, said the two sides w

Published 23 Jun, 2019 12:00am

Selling of government properties: PC invites EoI for appointment of financial advisor

The Privatisation Commission has invited expression of interest (EoI) for appointment of financial advisor for selling the government properties. The Commission has identified as many as 32 properties owned by various federal ministries and attached depar

Published 23 Jun, 2019 12:00am

Selling of government properties: PC invites EoI for appointment of financial advisor

The Privatisation Commission has invited expression of interest (EoI) for appointment of financial advisor for selling the government properties. The Commission has identified as many as 32 properties owned by various federal ministries and attached depar

Published 23 Jun, 2019 12:00am

Selling of government properties: PC invites EoI for appointment of financial advisor

The Privatisation Commission has invited expression of interest (EoI) for appointment of financial advisor for selling the government properties. The Commission has identified as many as 32 properties owned by various federal ministries and attached depar

Published 23 Jun, 2019 12:00am

Proposed 'charter of economy': Opposition lawmakers set condition for cooperation

The opposition lawmakers in the National Assembly Saturday conveyed to the government that they would be in a position to respond the proposed charter of economy if Prime Minister Imran Khan contacts them directly.

Published 23 Jun, 2019 12:00am

Proposed 'charter of economy': Opposition lawmakers set condition for cooperation

The opposition lawmakers in the National Assembly Saturday conveyed to the government that they would be in a position to respond the proposed charter of economy if Prime Minister Imran Khan contacts them directly.

Published 23 Jun, 2019 12:00am

Finance Bill 2019: Fertilizer industry pinpoints anomalies, refers case to FBR

The country's fertilizer industry has pointed out anomalies in Finance Bill 2019 and referred its case to Federal Board of Revenue (FBR) to be heard in the recently constituted Anomalies Committee. According to a letter written to the FBR, the fertilizer

Published 23 Jun, 2019 12:00am

Mobile phones: PTA seeks withdrawal of baggage rules exemption

The federal cabinet has been approached with a proposal to withdraw the Federal Board of Revenue (FBR) baggage rules exemption for mobile phones to address the misuse of travel data and for reduction in taxes and duties on new cell phones. Sources said th

Published 23 Jun, 2019 12:00am

Mobile phones: PTA seeks withdrawal of baggage rules exemption

The federal cabinet has been approached with a proposal to withdraw the Federal Board of Revenue (FBR) baggage rules exemption for mobile phones to address the misuse of travel data and for reduction in taxes and duties on new cell phones. Sources said th

Published 23 Jun, 2019 12:00am

Mobile phones: PTA seeks withdrawal of baggage rules exemption

The federal cabinet has been approached with a proposal to withdraw the Federal Board of Revenue (FBR) baggage rules exemption for mobile phones to address the misuse of travel data and for reduction in taxes and duties on new cell phones. Sources said th

Published 23 Jun, 2019 12:00am

Fata seats in NA, KP: Amendment bill unlikely to be presented in Senate

A key constitutional amendment bill to increase the number of seats of erstwhile Federally Admin-istered Tribal Areas (FATA) in Khyber Pakhtunkhwa Asse-mbly and National Assembly is unlikely to be presented in the ongoing Senate session, it is learnt. On

Published 23 Jun, 2019 12:00am

Sugar stocks pilferage: Police ordered to lodge FIR against Nawaz's kin

A district court ordered the SHO Shorkot to proceed in accordance with the law and register an FIR for alleged theft of pledged stock of 3,41,840 sugar bags against the owners of Kashmir Sugar Mills who are stated to be relatives of Mian Nawaz Sharif.

Published 23 Jun, 2019 12:00am

Exchange

Five zero-rated sectors: FBR set to levy 17 percent GST to forestall revenue leakage

The Federal Board of Revenue (FBR) Saturday started the preparations for charging 17 percent sales tax on local supplies of manufacturers-cum-exporters of five zero-rated sectors from July 1, 2019. The board also initiated stocktaking to avert any possibi

Published 23 Jun, 2019 12:00am

Exchange

Five zero-rated sectors: FBR set to levy 17 percent GST to forestall revenue leakage

The Federal Board of Revenue (FBR) Saturday started the preparations for charging 17 percent sales tax on local supplies of manufacturers-cum-exporters of five zero-rated sectors from July 1, 2019. The board also initiated stocktaking to avert any possibi

Published 23 Jun, 2019 12:00am

Exchange

Five zero-rated sectors: FBR set to levy 17 percent GST to forestall revenue leakage

The Federal Board of Revenue (FBR) Saturday started the preparations for charging 17 percent sales tax on local supplies of manufacturers-cum-exporters of five zero-rated sectors from July 1, 2019. The board also initiated stocktaking to avert any possibi

Published 23 Jun, 2019 12:00am

Trump nominates Mark Esper as Secretary of Defense: White House

Donald Trump has nominated Mark Esper to be the US Secretary of Defense, the White House said late Friday, as Washington navigates a spike in tensions with Iran. The nomination of Esper, who was this week elevated to acting Pentagon chief from his post as

Published 23 Jun, 2019 12:00am

Trump nominates Mark Esper as Secretary of Defense: White House

Donald Trump has nominated Mark Esper to be the US Secretary of Defense, the White House said late Friday, as Washington navigates a spike in tensions with Iran. The nomination of Esper, who was this week elevated to acting Pentagon chief from his post as

Published 23 Jun, 2019 12:00am

Iran warns US attack would imperil interests across Mideast

Tehran warned Washington Saturday that any attack would see its interests across the Middle East go up in flames after US President Donald Trump said he called off a strike at the 11th hour. The aborted US military action was to have been in response to I

Published 23 Jun, 2019 12:00am

Iran warns US attack would imperil interests across Mideast

Tehran warned Washington Saturday that any attack would see its interests across the Middle East go up in flames after US President Donald Trump said he called off a strike at the 11th hour. The aborted US military action was to have been in response to I

Published 23 Jun, 2019 12:00am

Exchange

Trump says will be Iran's 'best friend' if it renounces nuclear arms

US President Donald Trump said Saturday that he would be Iran's "best friend" and that the Islamic republic could be a "wealthy" country if it renounced nuclear weapons, amid soaring tensions between the two nations. "We're not going to have Iran have a n

Published 23 Jun, 2019 12:00am

Exchange

Trump says will be Iran's 'best friend' if it renounces nuclear arms

US President Donald Trump said Saturday that he would be Iran's "best friend" and that the Islamic republic could be a "wealthy" country if it renounced nuclear weapons, amid soaring tensions between the two nations. "We're not going to have Iran have a n

Published 23 Jun, 2019 12:00am

PML-N clearly stands divided: Firdous

Special Assistant to the Prime Minister on Information and Broadcasting Firdous Ashiq Awan on Saturday claimed that Pakistan Muslim League-Nawaz (PML-N) is in fragmentation process. While addressing a press conference, Firdous Ashiq Awan said Maryam Nawaz

Published 23 Jun, 2019 12:00am

PML-N clearly stands divided: Firdous

Special Assistant to the Prime Minister on Information and Broadcasting Firdous Ashiq Awan on Saturday claimed that Pakistan Muslim League-Nawaz (PML-N) is in fragmentation process. While addressing a press conference, Firdous Ashiq Awan said Maryam Nawaz

Published 23 Jun, 2019 12:00am

US blocks more Chinese technology firms on security concerns

The US Commerce Department blacklisted five Chinese tech entities Friday in a new move against Beijing''s supercomputing industry likely to raise tensions ahead of a meeting between President Trump and Xi Jinping next week. The notice targets Sugon - a pr

Published 23 Jun, 2019 12:00am

US blocks more Chinese technology firms on security concerns

The US Commerce Department blacklisted five Chinese tech entities Friday in a new move against Beijing's supercomputing industry likely to raise tensions ahead of a meeting between President Trump and Xi Jinping next week. The notice targets Sugon - a pro

Published 23 Jun, 2019 12:00am

US blocks more Chinese technology firms on security concerns

The US Commerce Department blacklisted five Chinese tech entities Friday in a new move against Beijing's supercomputing industry likely to raise tensions ahead of a meeting between President Trump and Xi Jinping next week. The notice targets Sugon - a pro

Published 23 Jun, 2019 12:00am

Maryam rejects 'charter of economy' idea

Pakistan Muslim League-Nawaz (PML-N) Vice President Maryam Nawaz on Saturday rejected the idea of 'Charter of Economy' with the incumbent government, saying the "fake government" which caused an irreparable loss to the economy needs not to be given any NR

Published 23 Jun, 2019 12:00am

Maryam rejects 'charter of economy' idea

Pakistan Muslim League-Nawaz (PML-N) Vice President Maryam Nawaz on Saturday rejected the idea of 'Charter of Economy' with the incumbent government, saying the "fake government" which caused an irreparable loss to the economy needs not to be given any NR

Published 23 Jun, 2019 12:00am

FATF-related matter: Indian contentions ''preposterous'' and ''unwarranted'': FO

Pakistan Saturday rejected the Indian contentions regarding Pakistan on Financial Action Task Force (FATF) related matter as ''preposterous'' and ''unwarranted,'' describing it yet another evidence of India''s relentless efforts to politicise the delibera

Published 23 Jun, 2019 12:00am

FATF-related matter: Indian contentions 'preposterous' and 'unwarranted': FO

Pakistan Saturday rejected the Indian contentions regarding Pakistan on Financial Action Task Force (FATF) related matter as 'preposterous' and 'unwarranted,' describing it yet another evidence of India's relentless efforts to politicise the deliberations

Published 23 Jun, 2019 12:00am

FATF-related matter: Indian contentions 'preposterous' and 'unwarranted': FO

Pakistan Saturday rejected the Indian contentions regarding Pakistan on Financial Action Task Force (FATF) related matter as 'preposterous' and 'unwarranted,' describing it yet another evidence of India's relentless efforts to politicise the deliberations

Published 23 Jun, 2019 12:00am

Exchange

Trade, investment: Islamabad ready to help Kabul: Qureshi

Reiterating Pakistan''s unshakable resolve to support peace, stability and long-term prosperity of Afghanistan, Foreign Minister Shah Mehmood Qureshi Saturday expressed Islamabad''s readiness to help Kabul through trade, investment and connectivity. Speak

Published 23 Jun, 2019 12:00am

Exchange

Trade, investment: Islamabad ready to help Kabul: Qureshi

Reiterating Pakistan's unshakable resolve to support peace, stability and long-term prosperity of Afghanistan, Foreign Minister Shah Mehmood Qureshi Saturday expressed Islamabad's readiness to help Kabul through trade, investment and connectivity. Speakin

Published 23 Jun, 2019 12:00am

Exchange

Trade, investment: Islamabad ready to help Kabul: Qureshi

Reiterating Pakistan's unshakable resolve to support peace, stability and long-term prosperity of Afghanistan, Foreign Minister Shah Mehmood Qureshi Saturday expressed Islamabad's readiness to help Kabul through trade, investment and connectivity. Speakin

Published 23 Jun, 2019 12:00am

Qatari Emir along with ministerial team arrives

Qatari Emir Sheikh Tamim bin Hamad Al Thani arrived here on a two-day official visit and was accorded a red carpet reception. The Qatari emir, along with a high-level delegation including ministers, landed at Nur Khan Airbase in Rawalpindi and was accorde

Published 23 Jun, 2019 12:00am

Qatari Emir along with ministerial team arrives

Qatari Emir Sheikh Tamim bin Hamad Al Thani arrived here on a two-day official visit and was accorded a red carpet reception. The Qatari emir, along with a high-level delegation including ministers, landed at Nur Khan Airbase in Rawalpindi and was accorde

Published 23 Jun, 2019 12:00am

Qatari Emir along with ministerial team arrives

Qatari Emir Sheikh Tamim bin Hamad Al Thani arrived here on a two-day official visit and was accorded a red carpet reception. The Qatari emir, along with a high-level delegation including ministers, landed at Nur Khan Airbase in Rawalpindi and was accorde

Published 23 Jun, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / May 31	278.42
USD PKR Interbank Buying / May 31	278.22
USD to Japanese Yen / May 31	157.31
USD to Swiss Franc / May 31	0.90
Pound Sterling to USD / May 31	1.27
Euro to USD / May 31	1.08

Stock	Volume
S&P 500 / May 31	5277.51
India Sensex / May 31	73961.31
Tokyo Nikkei / May 31	38487.90
Nasdaq / May 31	16735.02
Hang Seng / May 31	18079.61
FTSE 100 / May 31	8275.38
Dow Jones / May 31	38686.32
Germany DAX 30 / May 31	18497.94

Item	Value
Crude Oil USD/Barrel / May 31	76.99
Karachi Cotton PKR/37.32 KG / May 31	19935
Gold 10 Grams PKR / May 31	207219
Gold Spot USD/Ounce / May 31	2327.33
Cotton US¢/pound / May 31	75.11
Petrol/Litre / Jun 2	268.36

Stock	Price
786 Invest Ltd / Jun 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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