08272016Sat
Last update: Sat, 27 Aug 2016 02pm

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The "morally bankrupt" former head of China's statistics bureau, responsible for calculating the country's economic figures, has been expelled from the ruling Communist Party for actions including "superstitious activities" and "insatiably" trading power for sex, a watchdog said Friday. Wang Baoan headed the National Bureau of Statistics until January, when an inquiry into him was announced just hours after he spoke at a press conference in Beijing on China's economy.
France's highest administrative court on Friday suspended a controversial ban on the burkini by a French Riviera town after it was challenged by rights groups. In a judgement expected to set a precedent, the State Council ruled that local authorities could only restrict individual liberties if wearing the Islamic swimsuit was a "proven risk" to public order. The judges said there was no such risk in the case before the court concerning Villeneuve-Loubet, one of around 30 towns to have introduced the bans.
A centuries-old Islamic mausoleum was Friday ordered to allow women to enter its inner sanctum, with an Indian court saying a ban violated their constitutional rights. The Haji Ali Dargah trust has barred women from the landmark mausoleum off the coast of Mumbai since 2012, insisting women near the tomb of a revered saint is "a grievous sin" in Islam.
The share market ended the week 135 points or 0.34 percent higher to close at 39,927 points Friday. Amid increased trade, the benchmark KSE-100 index started the day from 39,792 of Thursday and was once seen rallying to hit the session's high of 39,950 points. "Stocks closed bullish led by cement, autos and oil refineries on strong financial results," said Ahsan Mehanti of Arif Habib Corp.
On Friday, BRIndex30 opened at 23,316.30 points and remained positive throughout the trading session. It touched an intraday high of 23,437.53 points and an intraday low of 23,317.56 points and closed at 23,354.57 points which was 38.27 points or 0.16 percent higher than previous close. Total volume was 209,781,600, which was 57.94 percent of KSE All share volume and 131.17 percent of KSE 100 volume. The KSE All Share volume was 362,096,750 and KSE 100 volume was 159,928,910.
Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (August 26, 2016).

The government on Thursday announced political, economic, legal and development measures to integrate a lawless and impoverished tribal region. Speaking at a press conference in his capacity as chairman of the Fata Reforms Committee, Aziz said the region faced Pakistan's highest rate of endemic poverty and the lowest development indicators, with its people facing a huge deficit of human rights.