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Archive - 2016-11-19
World's oldest 'Ten Commandments Tablet' auctioned off for $850,000
Arts

World's oldest 'Ten Commandments Tablet' auctioned off for $850,000

Worlds oldest-known Ten Commandments tablet was auctioned off for a whooping price of $850,000 at a Beverly Hills auction and the buyers identity is yet unknown. However, the acquisition of the relic, which is considered a national treasure of Israel, wil
Updated 10 Oct, 2017 11:55am
WHO declassifies ZIKA virus as a public health emergency
Technology

WHO declassifies ZIKA virus as a public health emergency

Zika may still be spreading all over the globe not if one is to heed the words of World Health Organization (WHO) who no longer classifies it as a public health emergency. It is said that the downgrade will benefit long term plans to combat pandemic.
Updated 10 Oct, 2017 10:17am
Arsenal frustrate Mourinho, Toure back with a bang
Football

Arsenal frustrate Mourinho, Toure back with a bang

LONDON: Jose Mourinho was left frustrated as Arsenal rescued a late 1-1 draw at Manchester United, while Yaya Toure was back in Pep Guardiola's good books with a brace in Manchester City's 2-1 win at Crystal Palace on Saturday.
Published 19 Nov, 2016 08:53pm
No excuses for money bags Barca - Pique
Football

No excuses for money bags Barca - Pique

BARCELONA: Barcelona defender Gerard Pique insisted the absence of Lionel Messi and Luis Suarez was no excuse for the Spanish champions dropping two vital points in a 0-0 draw with nine-man Malaga on Saturday.
Published 19 Nov, 2016 08:53pm
Kane the hero as Spurs make Hammers pay the penalty
Football

Kane the hero as Spurs make Hammers pay the penalty

LONDON: Harry Kane scored two late goals as Tottenham Hotspur came from behind to beat West Ham 3-2 on Saturday in a bad-tempered derby that featured two controversial penalty awards by referee Mike Dean.
Published 19 Nov, 2016 08:52pm
RugbyU: France v Australia teams
Sports

RugbyU: France v Australia teams

PARIS: France v Australia teams for a one-off rugby union Test at the Stade de France on Saturday (kick-off 2000 GMT):Te
Published 19 Nov, 2016 08:50pm
German Bundesliga table
Football

German Bundesliga table

BERLIN: German Bundesliga table after Saturday's matches (played, won, drawn, lost, goals for, goals against, points):%D%ARB Leipzig 11 8 3 0 23 9 27%Dayern Munich 11 7 3 1 24 7 24%Dortmund 11 6 3 2 26 12 21%DC Cologne 11 6 3 2 18 8 21%D%AHertha Berli
Published 19 Nov, 2016 08:50pm
Dortmund stun Bayern to leave RB Leipzig top
Football

Dortmund stun Bayern to leave RB Leipzig top

BERLIN: Borussia Dortmund stunned champions and arch-rivals Bayern Munich 1-0 on Saturday in a bad-tempered clash in "Der Klassiker" to leave RB Leipzig the shock Bundesliga leaders.
Published 19 Nov, 2016 08:49pm
Spanish La Liga table
Sports

Spanish La Liga table

MADRID: Spanish league table after Saturday's two early matches (played, won, drawn, lost, goals for, goals against,
Published 19 Nov, 2016 07:40pm
Murray beats Raonic to reach final of ATP Tour Finals
Sports

Murray beats Raonic to reach final of ATP Tour Finals

LONDON: Andy Murray remains on course for a dramatic showdown with Novak Djokovic as the world number one staged a superb fightback to defeat Milos Raonic 5-7, 7-6 (7/5), 7-6 (11/9) in the semi-finals of the ATP Tour Finals on Saturday.
Published 19 Nov, 2016 07:40pm
Murray survives Raonic epic to reach London final
Sports

Murray survives Raonic epic to reach London final

LONDON: Andy Murray remains on course for a dramatic showdown with Novak Djokovic as the world number one staged a superb fightback to defeat Milos Raonic 5-7, 7-6 (7/5), 7-6 (11/9) in the semi-finals of the ATP Tour Finals on Saturday.
Published 19 Nov, 2016 07:39pm
CM orders foolproof security arrangments
General News

CM orders foolproof security arrangments

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif Saturday ordered foolproof security arrangements on the occasion of Chehlum of the Hazrat Imam Hussain (AS) and Urs of Hazrat Data Gunj Bakhsh (RA).
Published 19 Nov, 2016 07:39pm
Indian spy copter shot down, captured by Pakistani troops
Pakistan Top News

Indian spy copter shot down, captured by Pakistani troops

RAWALPINDI: Pakistani troops on Saturday shot down an Indian spying air vehicle on violation of Pakistani airspace at the Aagahi post in Rakhchakri Sector at the Line of Control (LoC).
Published 19 Nov, 2016 06:43pm
4 martyred, one civilian injured in Indian firing across LoC
Front Top News

4 martyred, one civilian injured in Indian firing across LoC

RAWALPINDI: Three children and a youth embraced Shahadat (martyrdom) while a civilian sustained injuries in unprovoked firing by the Indian troops in Khoiratt sector along the Line of Control (LoC) on Saturday.
Published 19 Nov, 2016 06:27pm
Injured Broad doubtful for third India Test
Cricket

Injured Broad doubtful for third India Test

VISAKHAPATNAM: England fast bowler Stuart Broad is doubtful to feature in the third Test against India after a foot injury forced the team management to review his fitness.
Published 19 Nov, 2016 06:25pm
Zimbabwe tie with Windies in ODI lp/nr
Cricket

Zimbabwe tie with Windies in ODI lp/nr

BULAWAYO: Shai Hope hit his maiden one-day international century but the West Indies could only stutter to a dramatic tie in Saturday's triangular series clash with Zimbabwe at Queen Sports Club.
Published 19 Nov, 2016 06:23pm
Russian Premier League table
Football

Russian Premier League table

MOSCOW: Russian Premier League table after Saturday's matches (played, won, drawn, lost, goals for, goals against, p
Published 19 Nov, 2016 05:56pm
Golf-European Tour World Tour Championship scores
Sports

Golf-European Tour World Tour Championship scores

Scores from the European Tour World Tour Championship at the par-72 course on Saturday in Dubai %D%A-13 Victor Dubuisson (France) 70 69 64 %D%A-12 Nicolas Colsaerts (Belgium) 67 71 66 %D%AMatthew Fitzpatrick (Britain) 69 69 66 %D%ATyrrell Hatton (Britain)
Published 19 Nov, 2016 05:34pm
La Liga top scorers
Football

La Liga top scorers

Top scorers of the La Liga on Saturday 8 Lionel Messi (Barcelona) Luis Suarez (Barcelona) 6 Antoine Griezmann (Atletico
Published 19 Nov, 2016 05:22pm
Mourinho 1 Wenger 1 as United miss the boat
Football

Mourinho 1 Wenger 1 as United miss the boat

Olivier Giroud headed home an 89th-minute equaliser to earn Arsenal a 1-1 draw at Manchester United on Saturday and a Premier League point their performance barely merited.
Published 19 Nov, 2016 04:51pm
Serie A top scorers
Football

Serie A top scorers

Top scorers of the Serie A on Saturday 10 Edin Dzeko (AS Roma) Mauro Icardi (Inter Milan) 9 Ciro Immobile (Lazio) 8 Moha
Published 19 Nov, 2016 04:46pm
Oil may rise to $55 if all producers cooperate
Energy

Oil may rise to $55 if all producers cooperate

DUBAI: Iranian Oil Minister Bijan Zanganeh expressed optimism on Saturday about an upcoming OPEC meeting and said crude prices could jump to $55 a barrel if an agreement is reached and non-OPEC producers cooperate.
Published 19 Nov, 2016 03:40pm
NBP installed ATM at Khunjarab
Top News

NBP installed ATM at Khunjarab

ISLAMABAD: National Bank of Pakistan (NBP) installed an automated teller machine (ATM) on the world's highest-altitute at Khunjarab area of Gilgit Baltistan.
Published 19 Nov, 2016 02:51pm
Ten dead in Uganda ferry accident
Africa

Ten dead in Uganda ferry accident

KAMPALA: Ten people died when an overcrowded ferry on the Ugandan side of Lake Albert capsized in strong winds, local police said.
Published 19 Nov, 2016 02:49pm
Kohli fifty puts India in driver's seat
Cricket

Kohli fifty puts India in driver's seat

VISAKHAPATNAM: Skipper Virat Kohli struck a dominant half-century Saturday to help India tighten their grip on the second Test after England's pacers rattled the Indian top order on the third day of a thrilling game.
Published 19 Nov, 2016 02:42pm
ICTs in transport domain opens doors to investment
Industries & Sectors

ICTs in transport domain opens doors to investment

ISLAMABAD: The unprecedented uptake of mobile broadband has opened doors to innovative business ventures and Pakistan has witnessed some instant hits in transport domain with world known service providers are entering into Pakistan to facilitate commuters
Published 19 Nov, 2016 02:23pm
NAB organizes poster and painting competition
General News

NAB organizes poster and painting competition

ISLAMABAD: National Accountability Bureau (NAB) Rawalpindi has organized poster and painting competition with an aim to aware the youth about damages of corruption and get them involved in fight against this menace.
Published 19 Nov, 2016 02:23pm
Polio awareness walks to be held on Wednesday
General News

Polio awareness walks to be held on Wednesday

LARKANA: An Anti Polio Awareness Walk will be held on November 22 (Tuesday) to provide awareness to the masses regarding four-day National Immunization days, anti-polio campaign from Nov 23-26.
Published 19 Nov, 2016 01:32pm
UK High Commissioner visits Karachi, meets CM Sindh
General News

UK High Commissioner visits Karachi, meets CM Sindh

KARACHI: British High Commissioner to Pakistan Thomas Drew has expressed the desire to further strengthen bilateral relations between UK and Pakistan, according to a British Deputy High Commission statement issued here on Saturday.
Published 19 Nov, 2016 01:25pm
Raja slams poor show by Pakistani batsmen
Cricket

Raja slams poor show by Pakistani batsmen

Former Pakistan captain Ramiz Raja has slammed the Pakistan cricket team over their disappointing performance against New Zealand in the first Test match on Saturday.
Published 19 Nov, 2016 11:50am
Hafeez comeback on the cards, says Inzamam
Cricket

Hafeez comeback on the cards, says Inzamam

Pakistan discarded all rounder Muhammad Hafeez could get the green signal into the national squad, after Pakistan Cricket Board (PCB) Chief Selector Inzamam ul Haq on Saturday, said Hafeez could be brought back into the team if the need arise.
Published 19 Nov, 2016 10:49am
Ashwin five-for puts India in control of 2nd Test
Cricket

Ashwin five-for puts India in control of 2nd Test

VISAKHAPATNAM: Premier spinner Ravichandran Ashwin claimed five wickets to help dismiss England for 255 and put India in firm control on the third day of the second Test in Visakhapatnam on Saturday.
Published 19 Nov, 2016 10:06am
Zimbabwe bat first against West Indies
Cricket

Zimbabwe bat first against West Indies

BULAWAYO: Zimbabwe won the toss and elected to bat first against the West Indies as they looked to get on the board in a one-day international triangular series on Saturday.
Published 19 Nov, 2016 10:05am
Steel bars price up by Rs15,000 per ton
Industries & Sectors

Steel bars price up by Rs15,000 per ton

RECORDER REPORT%D%AKARACHI: The market price of steel bars, used in construction industry, has gone up by Rs 15,000 per ton, following the suspension of commercial activities at the Gaddani ship breaking yards after recent fire incident that left dozens o
Published 19 Nov, 2016 09:27am
India bowl out England for 255 in second Test
Cricket

India bowl out England for 255 in second Test

VISAKHAPATNAM: Ravichandran Ashwin claimed five wickets to help dismiss England for 255 in the first innings on the third day of the second Test in Visakhapatnam on Saturday.
Published 19 Nov, 2016 09:10am
Yadav gets Bairstow just before lunch
Cricket

Yadav gets Bairstow just before lunch

VISAKHAPATNAM: Ben Stokes and Jonny Bairstow struck defiant half-centuries but India continued to choke the England batting on the third day of the second Test in Visakhapatnam on Saturday.
Published 19 Nov, 2016 09:07am
Ogilvy hits lead to set up Open showdown with Spieth
Sports

Ogilvy hits lead to set up Open showdown with Spieth

SYDNEY: Former US Open champion Geoff Ogilvy fired an eight-under-par 64 to move into the outright lead at the Australian Open and set up a final round showdown with two-time major winner Jordan Spieth on Saturday.
Published 19 Nov, 2016 09:05am
Peace in Afghanistan, only possible through talks: Pakistan
Front Top News

Peace in Afghanistan, only possible through talks: Pakistan

UNITED NATIONS: Expressing concern over Afghanistan's increasing insecurity, escalating violence and growing civilian casualties, Pakistan has told the UN General Assembly that sustainable peace in the country was only possible through a negotiated se
Published 19 Nov, 2016 08:07am
New stage, old ire as Mourinho, Wenger meet again
Football

New stage, old ire as Mourinho, Wenger meet again

MANCHESTER: The rivalry between Jose Mourinho and Arsenal manager Arsene Wenger enters a new era on Saturday, with the former now defending Manchester United's colours, but the old crackle remains intact.
Published 19 Nov, 2016 07:29am
Hughes edges clear in Sea Island
Sports

Hughes edges clear in Sea Island

MIAMI: Canadian rookie Mackenzie Hughes took a two-shot lead at the US PGA Tour's RSM Classic in Georgia on Friday after following up his spectacular opening round with a five-under-par 67.
Published 19 Nov, 2016 07:27am
Arab coalition declares 48-hour Yemen truce
Middle East

Arab coalition declares 48-hour Yemen truce

RIYADH: A Saudi-led coalition supporting Yemen's government against Iran-backed rebels declared a 48-hour ceasefire to begin in Yemen Saturday, it said in a statement on the kingdom's SPA news agency website.
Published 19 Nov, 2016 07:25am
Imran Khan planning to get married 'again'
Pakistan Top News

Imran Khan planning to get married 'again'

PTI chairman Imran Khan recently left for London to see his children, during his visit he hints at his prospective third marriage.
Published 19 Nov, 2016 07:25am
Thompson, Durant shine as Warriors eclipse Celtics
Sports

Thompson, Durant shine as Warriors eclipse Celtics

NEW YORK: Klay Thompson scored 28 points while Kevin Durant reminded the Boston Celtics what they missed out on as the Golden State Warriors romped to a 104-88 win for their sixth straight victory on Friday.
Published 19 Nov, 2016 07:24am
Davis dazzles again as Pelicans grab rare victory
Sports

Davis dazzles again as Pelicans grab rare victory

MIAMI: Anthony Davis turned in another dazzling individual display to guide New Orleans to only their third victory of the season with a 113-101 win over the Portland Trail Blazers on Friday.
Published 19 Nov, 2016 06:59am
Westbrook triple as Thunder tangle Nets
Sports

Westbrook triple as Thunder tangle Nets

LOS ANGELES: Russell Westbrook scored his fourth triple double of the season as Oklahoma City cruised to a comfortable win over the visiting Brooklyn Nets on Friday.
Published 19 Nov, 2016 06:57am
New Zealand out for 200, lead Pakistan by 67
Cricket

New Zealand out for 200, lead Pakistan by 67

CHRISTCHURCH: New Zealand took a 67-run first-innings lead against Pakistan after being dismissed for 200 before lunch on the third day of the first Test at Hagley Oval in Christchurch on Saturday.
Published 19 Nov, 2016 05:39am
Zardari offers condolence

Zardari offers condolence

Former president Asif Ali Zardari has expressed profound grief and sorrow over the passing away of ANP leader former Senator and former MPA Haji Adeel Friday morning. The former president said that late Haji Adeel was a true democrat and a committed ideol
Published 19 Nov, 2016 12:00am
Sales tax on services: PRA collects Rs 22.87 billion during July-October

Sales tax on services: PRA collects Rs 22.87 billion during July-October

While collecting Rs 22.87 billion from Punjab sales tax on services during July-October period of the financial year 2016-17, Punjab Revenue Authority (PRA) has increased the number of taxable services from 12 in 2012-13 to 62 in 2016-17 and number of reg
Published 19 Nov, 2016 12:00am
South Asia, UAE: ACCA highlights trends in indirect taxes

South Asia, UAE: ACCA highlights trends in indirect taxes

Association of Chartered Certified Accountants (ACCA) has organised multiple sessions here on Friday to discuss current trends of indirect taxes across South Asia and the UAE and shared insights on the effective implementation of value added tax (VAT). Th
Published 19 Nov, 2016 12:00am
23 US universities receive grants to work with Pakistani counterparts

23 US universities receive grants to work with Pakistani counterparts

The United States and Pakistan are increasing collaboration to work mutually on various research and academic projects. According to a statement of US State Department, 23 American universities from 16 states have received grants to work with Pakistani un
Published 19 Nov, 2016 12:00am
KP Assembly signs MoU on training of MPAs, staff

KP Assembly signs MoU on training of MPAs, staff

Khyber Pakhtunkhwa Assembly and the Office of the Clerk of Tynwald, Isle of Man signed a Memorandum of Understanding (MoU) for providing parliamentary skills to the parliamentarians and parliamentary staff of provincial assembly. The MoU was signed by the
Published 19 Nov, 2016 12:00am
LNG deal with Qatar: Ministry yet to upload details

LNG deal with Qatar: Ministry yet to upload details

The Ministry of Petroleum and Natural Resources has still not uploaded details of Pakistan-Qatar government to government 15-year Liquefied Natural Gas (LNG) deal on its website, signed on February 10, 2016. Minister for Petroleum, Shahid Khaqan Abbasi, p
Published 19 Nov, 2016 12:00am
EDB clarification

EDB clarification

This refers to a news item appearing in a section of the press titled "CEO EDB grilled by Dar" and "EDB becomes no-go area for auto industry". The Board has clarified that the news is contradictory in itself since the industry has been working smoothly fo
Published 19 Nov, 2016 12:00am
CPEC enhances KP's strategic importance: Khattak

CPEC enhances KP's strategic importance: Khattak

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has said that CPEC has enhanced the strategic importance of KP leading to the development of the entire belt as it is a unique project of its nature which will integrate the region adding that China investm
Published 19 Nov, 2016 12:00am
Pak-Turk schools: students protest against government's decision

Pak-Turk schools: students protest against government's decision

Condemn-ing the government's decision of sending 108 teachers of Pak-Turk International Schools and Colleges Network back to their homeland, the students of these schools Friday staged a protest demonstration and demanded the government to take this decis
Published 19 Nov, 2016 12:00am
Pakistan must revisit Afghan policy: Farhatullah Babar

Pakistan must revisit Afghan policy: Farhatullah Babar

Pakistan must revisit its Afghan policy and treat it as a sovereign and independent country and not a province of Pakistan as a precondition for success of social, political and economic reforms package for tribal areas. Speaking at a symposium organized
Published 19 Nov, 2016 12:00am
KEMA labs: Two-day workshop for NTDC staff concludes

KEMA labs: Two-day workshop for NTDC staff concludes

Managing Director of National Transmission and Dispatch Company (NTDC) Dr Fiaz Ahmed Chaudhry said that increasing demand of electricity in the country required a considerable quantum of power to cater for. His remarks came at that the concluding ceremony
Published 19 Nov, 2016 12:00am
Call for promoting concept of skills training

Call for promoting concept of skills training

Provincial Minister for Labour and Human Resource, Raja Ashfaq Sarwer has said that skill training is the best possible substitute for compulsory formal education for the children empowering them to get proper income and enhance industrial production. Pun
Published 19 Nov, 2016 12:00am
Turkish furniture companies want to enhance ties with PFC

Turkish furniture companies want to enhance ties with PFC

The leader of the visiting Turkish furniture manufacturers' delegation, Mehmat Kirtas, on Friday said that Turkish furniture companies want to enhance business with Pakistan Furniture Council (PFC) by holding business-to-business (B2B) meetings and seek w
Published 19 Nov, 2016 12:00am
Punjab government to recruit 1,200 nurses, 178 pharmacists

Punjab government to recruit 1,200 nurses, 178 pharmacists

The Punjab government will recruit 1,200 nurses and 178 pharmacists to improve health services in the province. Approval to this effect was accorded by Punjab Chief Minister Shahbaz Sharif during a meeting to review the progress of the Health Reforms Prog
Published 19 Nov, 2016 12:00am
Jehangir Badr: SAFMA, SDF organise reference

Jehangir Badr: SAFMA, SDF organise reference

The South Asia Free Media Association and Social Democratic Forum jointly organized a condolence reference in the memory of PPP stalwart Jehangir Badr on Friday, which was addressed by party workers, journalists and senior leaders. Speakers paid glowing t
Published 19 Nov, 2016 12:00am
Anti-encroachment operation planned in Lahore

Anti-encroachment operation planned in Lahore

The city traffic police in collaboration with the city district government are going to start a grand operation against encroachers who have occupied roads and footpaths, creating hurdles for the commuters, especially in walled cities.
Published 19 Nov, 2016 12:00am
Pakistan and Kashmir inter-related: President AJK

Pakistan and Kashmir inter-related: President AJK

President Azad Jammu and Kashmir Sardar Masood Khan has said that Pakistan and Kashmir are inter-related and Pakistan is incomplete until Kashmir becomes part of its territory. He said that whatever India is doing in Held Kashmir is called genocide and th
Published 19 Nov, 2016 12:00am
LHC allows PU senate to complete legislation

LHC allows PU senate to complete legislation

The provincial government told the Lahore High Court on Thursday that 90 percent composition of the Punjab University's Senate had been completed after governor/chancellor notified his 5 nominees. Assistant Advocate General Ahmad Hassan presented before t
Published 19 Nov, 2016 12:00am
Training inevitable to improve performance: CEO Fesco

Training inevitable to improve performance: CEO Fesco

Training is inevitable to improve & glow the performance of officers as well as subordinate staff said, Chief Executive Officer (CEO) Faisalabad Electric Supply Company (FESCO) Rashid Ahmed Aslam. He was addressing a passing out ceremony of 26th Junior Ma
Published 19 Nov, 2016 12:00am
WWF-Pakistan celebrates GIS Day

WWF-Pakistan celebrates GIS Day

The Geographical Information System (GIS) laboratory of WWF-Pakistan celebrated GIS Day here on Friday to bring forth the importance and the need for innovative spatial solutions that have become increasingly important for an efficient approach in managin
Published 19 Nov, 2016 12:00am
Government stopped from tabling Companies Ordinance

Government stopped from tabling Companies Ordinance

Chairman Senate Raza Rabbani Friday stopped the government from tabling 'Companies Ordinance, 2016' before Senate as its copies were not made available to the Senate Secretariat for distribution among Senators. Leader of the House in Senate Raja Muhammad
Published 19 Nov, 2016 12:00am
MNAs demand role in bureaucrats' promotions

MNAs demand role in bureaucrats' promotions

Members of National Assembly Friday complained about absence of secretaries and other relevant government officials from the gallery and demanded their (MNAs') role in promotion of the bureaucrats. Speaking on a point of order, Pakistan Muslim League-Nawa
Published 19 Nov, 2016 12:00am
ISIS terrorist killed, cohort arrested in Pindi

ISIS terrorist killed, cohort arrested in Pindi

The Counter Terrorism Department (CTD) killed one terrorist belonging to Islamic State of Iran and Syria (ISIS), arrested his cohort with arms, ammunition while Ameer of Daesh Islamabad managed to escape. Two CTD personnel were critically injured in the e
Published 19 Nov, 2016 12:00am
NAB-tainted officer: NFC dealing with ticklish issue

NAB-tainted officer: NFC dealing with ticklish issue

National Fertiliser Corporation (NFC) is reportedly concerned about the assumption of charge by a NAB-tainted senior officer, well-informed sources told Business Recorder. Acting Director NFC Institute of Engineering and Fertilizer Research (IEFR),
Published 19 Nov, 2016 12:00am
India violated cease-fire agreement 103 times in one year: Senate told

India violated cease-fire agreement 103 times in one year: Senate told

The Senate was informed on Friday that India violated 2003's cease-fire agreement on the Line of Control (LoC) for 103 times in past one year and 58 times after Uri attack, which took place on September 18, 2016. A report of the Senate Joint Committee on
Published 19 Nov, 2016 12:00am
Retirement of CoAS and Panama Papers: senior lawyers reject rumours

Retirement of CoAS and Panama Papers: senior lawyers reject rumours

The federal capital is abuzz with speculation that 30 November, the next date of hearing for the Panama papers, maybe seen in the context of one day after the retirement of Chief of Army Staff (CoAS) General Raheel Sharif. However, Barrister Ali Zafar, fo
Published 19 Nov, 2016 12:00am
Nato 'absolutely certain' Trump committed to alliance: Stoltenberg

Nato 'absolutely certain' Trump committed to alliance: Stoltenberg

Nato chief Jens Stoltenberg on Friday voiced confidence that Donald Trump was committed to the transatlantic alliance, which has stood the test of time for both the United States and Europe. "I am absolutely confident President-elect Trump will maintain A
Published 19 Nov, 2016 12:00am
Chinese astronauts return to earth after longest mission

Chinese astronauts return to earth after longest mission

China's Shenzhou-11 spacecraft returned to earth Friday, bringing home two astronauts from the rising power's longest-ever orbital mission, in a milestone for its vaulting ambitions. The manned space programme's commander in chief Zhang Youxia announced t
Published 19 Nov, 2016 12:00am
Turkish Nato officers ask for asylum

Turkish Nato officers ask for asylum

A number of Turkish officers serving in Nato command posts have asked for asylum since a failed military coup in July, alliance head Jens Stoltenberg said Friday. Stoltenberg also said he would travel to Istanbul on Sunday, having been there in September
Published 19 Nov, 2016 12:00am
Dogged by Trump, UN climate talks wind down

Dogged by Trump, UN climate talks wind down

A UN climate summit in Marrakesh tasked with implementing the hard-won Paris Agreement moved toward its scheduled close Friday, dogged by Donald Trump's promise to abandon the landmark pact. The 196-nation forum was stunned to see an avowed climate change
Published 19 Nov, 2016 12:00am
Japan PM confident in Trump's diplomacy debut

Japan PM confident in Trump's diplomacy debut

Japan's leader voiced confidence about Donald Trump as he became the first foreign leader to meet the US president-elect, who was narrowing in on cabinet choices. Prime Minister Shinzo Abe met for 90 minutes with the president-elect Thursday evening at Tr
Published 19 Nov, 2016 12:00am
British girl's body frozen after death in UK legal first

British girl's body frozen after death in UK legal first

A British girl who died after a terminal illness won the right to have her body frozen in an unprecedented ruling, the High Court said on Friday. The 14-year-old girl from London had written to a judge explaining she wanted a chance to "live longer" after
Published 19 Nov, 2016 12:00am
Protests as Marcos given hero's burial

Protests as Marcos given hero's burial

Ex-Philippine dictator Ferdinand Marcos was buried in a secretive ceremony at the national heroes' cemetery Friday, triggering street protests as opponents denounced what they said was the whitewashing of his brutal and corrupt rule. The burial at the "Ce
Published 19 Nov, 2016 12:00am
Netanyahu wasn't ready for Gaza tunnel war

Netanyahu wasn't ready for Gaza tunnel war

Israel's Prime Minister Benjamin Netanyahu failed to prepare his country for Hamas's use of tunnels during the 2014 Gaza war, according to a key report cited by local media Friday. A two-year inquiry by state comptroller Yossef Shapira reportedly found th
Published 19 Nov, 2016 12:00am
Israeli army kills Gazan in border clashes

Israeli army kills Gazan in border clashes

A Palestinian was killed in clashes with the Israeli army along the Gaza border on Friday, the health ministry in the Palestinian enclave said. "Mohammed Abu Saada, 26, died after being shot in the chest by Israeli soldiers in clashes east of the Al-Burei
Published 19 Nov, 2016 12:00am
Syria regime steps up fierce Aleppo assault

Syria regime steps up fierce Aleppo assault

Air strikes and ferocious artillery bombardment pounded rebel-held east Aleppo on Friday as an escalating military offensive underscored the Syrian regime's determination to take full control of the divided city. Streets were deserted and residents took r
Published 19 Nov, 2016 12:00am
Grand debut for de Grandhomme as Kiwis take charge

Grand debut for de Grandhomme as Kiwis take charge

Late bloomer Colin de Grandhomme celebrated his first international call-up with record New Zealand debut bowling figures of 6-41 as Pakistan crumbled in their first innings of the opening Test on Friday. After the 30-year-old de Grandhomme engineered Pak
Published 19 Nov, 2016 12:00am
Mumbai Indians name Jayawardene as head coach

Mumbai Indians name Jayawardene as head coach

Former Sri Lankan captain Mahela Jayawardene was named Friday as the new head coach of cricket franchise Mumbai Indians in the cash-rich Indian Premier League Twenty 20 tournament. Thirty-nine-year-old Jayawardene will succeed former Australian captain Ri
Published 19 Nov, 2016 12:00am
Luis Enrique dismisses Messi move speculation

Luis Enrique dismisses Messi move speculation

Barcelona boss Luis Enrique insists Lionel Messi will remain at the Catalan giants for many years to come, but was less explicit over his own future when quizzed on Friday. Barca boss Josep Maria Bartomeu claimed on Thursday that he remains confident Mess
Published 19 Nov, 2016 12:00am
Murray sweeps into semi-finals of Tour Finals

Murray sweeps into semi-finals of Tour Finals

Andy Murray swept into the semi-finals of the ATP Tour Finals with a 6-4, 6-2 victory over Stan Wawrinka on Friday as the world number one remained on course for a final showdown against Novak Djokovic. Murray brushed aside Wawrinka in 86 minutes at Londo
Published 19 Nov, 2016 12:00am
Laiba, Hamza win Junior Age Group Squash titles

Laiba, Hamza win Junior Age Group Squash titles

Top seed Laiba Ijaz and Hamza Niaz lifted the coveted trophies of the Girls and Boys Junior Age Group Squash Championship played here at PAF Jansher Khan Squash Complex on Friday. Airport Manager Bacha International Airport Tahir Sikander Hayat was the ch
Published 19 Nov, 2016 12:00am
FIFA boss touts Club World Cup shake-up

FIFA boss touts Club World Cup shake-up

Gianni Infantino wants a radical shake-up to the Club World Cup, increasing the number of teams taking part in the annual event from seven to 32. The existing format brings together champions from each of the continental federations and is held in Decembe
Published 19 Nov, 2016 12:00am
Du Plessis charged with ball tampering

Du Plessis charged with ball tampering

The ICC on Friday charged South Africa captain Faf du Plessis with ball tampering after footage emerged of an incident during the second Test against Australia this week. Footage, which came to light on Wednesday, appears to show him with a sweet, or mint
Published 19 Nov, 2016 12:00am
Ashwin puts India on top in second Test

Ashwin puts India on top in second Test

Ravichandran Ashwin on Friday said he has a "psychological advantage" over England after his all round showing put India on top in the second Test as the visitors struggled against spin on day two in Visakhapatnam on Friday. England were reeling at 103 fo
Published 19 Nov, 2016 12:00am
CSKA's Eremenko hit with two-year cocaine ban

CSKA's Eremenko hit with two-year cocaine ban

CSKA midfielder Roman Eremenko was handed a two-year drugs ban by UEFA on Friday after the Finland international tested positive for cocaine following a Champions League game in September. "The analysis of the A sample revealed the presence of cocaine and
Published 19 Nov, 2016 12:00am
Sukhchan move into final of Treet Polo

Sukhchan move into final of Treet Polo

Sukhchan outpaced Pebble Breakers 7-3 in the Pool-B match of the Treet Polo Cup 2016 to qualify for the subsidiary final on Friday. From Pool-B, Wi-Tribe Shahsawars have already qualified for the main final. The match started at high pace as both the team
Published 19 Nov, 2016 12:00am
Aussie and kiwi at multi-month lows

Aussie and kiwi at multi-month lows

The Australian and New Zealand dollars sank to multi-month lows on Friday due to the greenback's broad strength after Federal Reserve Chair Janet Yellen signalled US interest rates will probably rise next month. The Australian dollar broke key chart suppo
Published 19 Nov, 2016 12:00am
Sterling heads for third straight weekly rise
Currency

Sterling heads for third straight weekly rise

Sterling extended this week's two-month highs against the euro on Friday and held its ground against a broadly stronger dollar, feeding speculation that this year's post-Brexit referendum slump may have run its course for now. While most banks and investo
Published 19 Nov, 2016 12:00am
Yuan falls to fresh eight-year low

Yuan falls to fresh eight-year low

China's yuan fell to more than eight-year lows against the dollar on Friday, in line with a broader retreat among Asian currencies, after Federal Reserve Chair Janet Yellen raised expectations for a US rate hike in the short term. The People's Bank of Chi
Published 19 Nov, 2016 12:00am
Yellen's rate stance hits Asia FX
Currency

Yellen's rate stance hits Asia FX

Emerging Asian currencies and bonds fell on Friday, extending their weekly slump as Federal Reserve Chair Janet Yellen signalled an interest rate hike was imminent, intensifying fears of capital flight from the region to the United States. The Chinese yua
Published 19 Nov, 2016 12:00am
Sri Lankan rupee falls
Currency

Sri Lankan rupee falls

The Sri Lankan rupee ended weaker on Friday on persistent worries of capital outflows as incoming President Donald Trump's policies are seen aiding higher US interest rates and a strong dollar. Dealers said the central bank revised the spot preference to
Published 19 Nov, 2016 12:00am
Dollar scales to 13-1/2-year peak in New York

Dollar scales to 13-1/2-year peak in New York

The dollar rose to a 13-1/2-year high against a basket of currencies on Thursday as the bond market resumed its sell-off on growing certainty of a US interest rate increase in December and signs of solid US economic growth. Federal Reserve Chair Janet Yel
Published 19 Nov, 2016 12:00am
Early trade in New York: dollar rises near 14-year peak

Early trade in New York: dollar rises near 14-year peak

The dollar index rose to a near 14-year peak against a basket of currencies on Friday as a renewed sell-off in the US Treasury market pushed benchmark yields to their highest levels since early December. The dollar index which measures the greenback again
Published 19 Nov, 2016 12:00am
Dollar index hits fresh 14-year high in Europe
Currency

Dollar index hits fresh 14-year high in Europe

The dollar powered to its highest levels since 2003 against a basket of currencies on Friday, with Donald Trump's victory in the US presidential election helping to give the greenback its best fortnight against the yen in almost 30 years. Further underpin
Published 19 Nov, 2016 12:00am
Dollar rises in Asia
Currency

Dollar rises in Asia

The dollar was gunning for robust weekly gains on Friday after upbeat US economic data stoked expectations of higher US interest rates. Also underpinning the greenback, Federal Reserve Chair Janet Yellen provided a strong signal on Thursday that US intere
Published 19 Nov, 2016 12:00am
FTSE ends lower as gold miners lose luster
Currency

FTSE ends lower as gold miners lose luster

Britain's top share index fell on Friday, with miners leading the market lower after base and precious metals prices slipped due to a stronger dollar, which made metals costlier for holders of other currencies. The bluechip FTSE 100 index closed 0.3 perce
Published 19 Nov, 2016 12:00am
Southeast Asian stocks mixed

Southeast Asian stocks mixed

Singapore shares closed nearly 1 percent higher on Friday, while three out of the five other Southeast Asian markets ended lower in line with broader Asia. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4 percent, hovering just abov
Published 19 Nov, 2016 12:00am
Australian, New Zealand shares up

Australian, New Zealand shares up

Australian shares closed the week slightly higher, with Friday's session underpinned by gains in financial stocks in step with a strong rally on Wall Street after Federal Reserve Chair Janet Yellen's hawkish comments. A sharp rally in shares of Australia'
Published 19 Nov, 2016 12:00am
European shares close lower as dollar strength hits miners
Currency

European shares close lower as dollar strength hits miners

European equities ended lower on Friday, with mining and energy stocks bearing the brunt of the sell off after commodities prices slipped following a rally in the dollar. The pan-European STOXX 600 closed 0.4 percent lower after rising earlier in the sess
Published 19 Nov, 2016 12:00am
China stocks fall

China stocks fall

China stocks slid on Friday, as energy and transport shares shed some recent gains, causing an end to the main indexes' five-week winning streak. The bluechip CSI300 index fell 0.6 percent to 3,417.46, while the Shanghai Composite Index lost 0.5 percent t
Published 19 Nov, 2016 12:00am
Indian shares stay lower

Indian shares stay lower

Indian shares ended lower on Friday, after fluctuating earlier in the session, as overall sentiment remained dented after US Federal Reserve Chair Janet Yellen signalled an interest rate hike was imminent, while investors back home were worried about the
Published 19 Nov, 2016 12:00am
Treasury yields rise

Treasury yields rise

US Treasury yields rose on Thursday after data suggested the US labour market is tightening and inflation is beginning to gain traction, which prompted investors to sell government debt. US consumer prices posted their biggest increase in six months, whil
Published 19 Nov, 2016 12:00am
Treasury yields rise

Treasury yields rise

US Treasury yields rose on Thursday after data suggested the US labour market is tightening and inflation is beginning to gain traction, which prompted investors to sell government debt. US consumer prices posted their biggest increase in six months, whil
Published 19 Nov, 2016 12:00am
Hong Kong stocks rise

Hong Kong stocks rise

Hong Kong stocks rose on Friday, but posted a fourth consecutive weekly loss amid worries the United States will raise interest rates next month and a strong dollar could keep drawing money there from emerging markets. The benchmark Hang Seng index rose 0
Published 19 Nov, 2016 12:00am
Italy bonds set for fourth straight week of losses

Italy bonds set for fourth straight week of losses

Italy's borrowing costs were set to climb for the fourth straight week on Friday, as the country bears the brunt of a sell-off that has gripped global bond markets. At one point the 10-year Italian government bond yield, an indication of the rate at which
Published 19 Nov, 2016 12:00am
Italy bonds set for fourth straight week of losses

Italy bonds set for fourth straight week of losses

Italy's borrowing costs were set to climb for the fourth straight week on Friday, as the country bears the brunt of a sell-off that has gripped global bond markets. At one point the 10-year Italian government bond yield, an indication of the rate at which
Published 19 Nov, 2016 12:00am
Wall Street stocks lifted by data, earnings Yellen remarks

Wall Street stocks lifted by data, earnings Yellen remarks

The benchmark S&P 500 index rose to within a hair of its record high on Thursday as bank stocks got a boost from bets on higher interest rates and consumer discretionary stocks were helped by economic data and earnings. Federal Reserve Chair Janet Yellen,
Published 19 Nov, 2016 12:00am
Friday's early trade: stocks slip; indexes still near record highs

Friday's early trade: stocks slip; indexes still near record highs

US stocks were slightly lower in late morning trading on Friday as investors cashed in after the post-election rally, but the three major indexes continued to hover near record levels. The Nasdaq hit a record high earlier in the session, helped by a rise
Published 19 Nov, 2016 12:00am
Tokyo stocks at 10-month high

Tokyo stocks at 10-month high

Tokyo stocks rallied Friday as the yen sank against the dollar on expectations for a US rate hike next month, with the benchmark index hitting a 10-month high and putting it in a bull market. Dealers cheered comments from Federal Reserve boss Janet Yellen
Published 19 Nov, 2016 12:00am
Sri Lankan shares fall for fifth straight session

Sri Lankan shares fall for fifth straight session

Sri Lankan shares ended for a fifth straight session of declines on Friday, and reached their lowest closing level in more than four months, in thin volume as investor sentiment was hit by budget tax proposals. The government aims to boost its 2017 tax re
Published 19 Nov, 2016 12:00am
Japan budget airline Peach to buy 13 Airbus aircraft

Japan budget airline Peach to buy 13 Airbus aircraft

Japanese low-cost carrier Peach Aviation said Friday it would buy 13 Airbus aircraft valued at almost $1.4 billion as part of its expansion plans to cash in on a pick-up in demand for air travel in the country. Peach, an affiliate of major Japanese carrie
Published 19 Nov, 2016 12:00am
EU watchdogs to get more powers to freeze bank payments

EU watchdogs to get more powers to freeze bank payments

Eurozone banks could be forced by watchdogs to suspend their payments to some creditors for a maximum of five days if there are risks of bank failure, a draft EU law said, granting regulators power to intervene early to prevent crisis. The proposal is par
Published 19 Nov, 2016 12:00am
Mexico hikes rates to over seven-year high
Currency

Mexico hikes rates to over seven-year high

Mexico's central bank hiked interest rates to their highest in over 7 years on Thursday and warned that the election of Donald Trump as US president had cast doubt on the direction of Latin America's second-largest economy. The Banco de Mexico raised its
Published 19 Nov, 2016 12:00am
China's Xi talks business on visit to Ecuador

China's Xi talks business on visit to Ecuador

China's president was set Friday to monitor the opening of a Chinese-built hydroelectric plant in Ecuador on the second day of his visit to the South American country. President Xi Jinping arrived Thursday and met with leftist President Rafael Correa, who
Published 19 Nov, 2016 12:00am
Canada's annual inflation up; food down for 1st time since 2000

Canada's annual inflation up; food down for 1st time since 2000

Canada's annual inflation rate picked up in October as a rise in gasoline prices was offset by the first decline in food prices in nearly 17 years, but economists did not expect the figures to alter the central bank's accommodative stance. The annual rate
Published 19 Nov, 2016 12:00am
German exports to UK, US fall sharply in third quarter

German exports to UK, US fall sharply in third quarter

German exports to Britain and the United States dropped sharply in the third quarter, data from the Federal Statistics Office obtained by Reuters showed on Friday, highlighting the impact of the Brexit vote and the US presidential race on trade. Exports t
Published 19 Nov, 2016 12:00am
German finance chief opposes 'a la carte' Brexit menu

German finance chief opposes 'a la carte' Brexit menu

German Finance Minister Wolfgang Schauble on Friday insisted in a newspaper interview that Britain cannot serve up its own tailored menu on negotiating its exit from the European Union. His comments to the Financial Times echo those of European Commission
Published 19 Nov, 2016 12:00am
Brits shun new home purchases in Europe post-Brexit
Currency

Brits shun new home purchases in Europe post-Brexit

The number of Britons buying homes abroad has slumped since June's vote to leave the European Union and there are signs that thousands of families will react to the fall in the value of sterling by holidaying at home next summer. Mark Horgan, chief execut
Published 19 Nov, 2016 12:00am
Pacific leaders urged to defend free trade after Trump win

Pacific leaders urged to defend free trade after Trump win

Asia-Pacific leaders were urged Friday to defend free trade from rising protectionism after the election victory of Donald Trump stoked fears that years of tearing down barriers to global commerce could be reversed. Trump, who triumphed in last week's US
Published 19 Nov, 2016 12:00am
Premature to talk about ECB reducing stimulus: Mersch

Premature to talk about ECB reducing stimulus: Mersch

European Central Bank interest rates may be close to bottoming out but it is still premature to talk about reducing economic stimulus given the risk of acting too early, ECB Executive Board member Yves Mersch said on Thursday. The bloc's recovery is fragi
Published 19 Nov, 2016 12:00am
Chile economy remains sluggish, no imminent rate cut seen

Chile economy remains sluggish, no imminent rate cut seen

Chile's economy again grew at a subdued pace in the third quarter but slightly beat expectations, data showed on Friday, likely allowing monetary policy makers to leave the benchmark interest rate on hold for now. Gross domestic product grew 0.6 percent i
Published 19 Nov, 2016 12:00am
China's rail freight volume rises at fastest in three years

China's rail freight volume rises at fastest in three years

China's October rail freight volume rose 11.2 percent from a year earlier, the biggest increase in three years, as a construction boom and government infrastructure spending spurred demand for raw materials from steel to cement. Rail freight volume increa
Published 19 Nov, 2016 12:00am
Ahold Delhaize profits soar

Ahold Delhaize profits soar

Dutch-Belgian retail giant Ahold Delhaize said Thursday that net profits soared in the third quarter as it unveiled its first combined earnings since its mega-merger. Growth in The Netherlands helped drive the "solid" performance, said the group, whose ti
Published 19 Nov, 2016 12:00am
Ahold Delhaize profits soar

Ahold Delhaize profits soar

Dutch-Belgian retail giant Ahold Delhaize said Thursday that net profits soared in the third quarter as it unveiled its first combined earnings since its mega-merger. Growth in The Netherlands helped drive the "solid" performance, said the group, whose ti
Published 19 Nov, 2016 12:00am
Hot China house prices cool in October as curbs on speculation bite

Hot China house prices cool in October as curbs on speculation bite

China's booming property market showed early signs of a softening in October after a fast and furious price rally that propped up economic growth this year. A National Bureau of Statistics (NBS) survey out on Friday showed October's monthly price growth v
Published 19 Nov, 2016 12:00am
Deutsche Bank to claw back bonuses from ex-CEOs

Deutsche Bank to claw back bonuses from ex-CEOs

Deutsche Bank intends to claw back millions in bonuses from six former top executives, a German newspaper said Thursday, as the embattled lender seeks to cut costs and boost its capital cushion. The move would target former CEOs Anshu Jain, Juergen Fitsch
Published 19 Nov, 2016 12:00am
French power company EDF underestimating costs

French power company EDF underestimating costs

France's power giant EDF has "drastically" under-budgeted the cost of dismantling its old reactors and investing in new projects such as a contested British nuclear plant, a Greenpeace-commissioned study said Thursday. The amount of under-budgeted costs f
Published 19 Nov, 2016 12:00am
China hits Tetra Pak with $99 million anti-trust fine

China hits Tetra Pak with $99 million anti-trust fine

Chinese regulators have slapped Swedish firm Tetra Pak with a 668 million yuan ($98.5 million) fine following an anti-trust probe into the global packaging giant. The company was found to have used its "dominant market position" to force suppliers to use
Published 19 Nov, 2016 12:00am
Britain plans £369 million refit for Buckingham Palace

Britain plans £369 million refit for Buckingham Palace

Buckingham Palace is set to get a £369 million overhaul to replace leaky pipes and fire-risk cables under a taxpayer-funded plan unveiled on Friday that would see Queen Elizabeth II forced to move rooms. The works are to start next year and last until 202
Published 19 Nov, 2016 12:00am
CBOT wheat futures lower

CBOT wheat futures lower

Wheat futures on the Chicago Board of Trade fell Wednesday on spillover weakness from corn and soybeans and pressure from a resurgent US dollar, traders said. The US dollar index hit a near 14-year high on the expectation increased US government spending
Published 19 Nov, 2016 12:00am
US Midwest soya bids higher

US Midwest soya bids higher

Spot basis bids for corn were steady to higher in the US Midwest on Wednesday afternoon as harvest neared completion, grain merchants said. Corn basis bids increased at elevators in Indiana and Iowa and at a Nebraska processor. Bids increased by 2 cents p
Published 19 Nov, 2016 12:00am
Cotton market: trade activity falls on PCGA report
Cotton

Cotton market: trade activity falls on PCGA report

The trade activity came down on the cotton market on Friday after the Pakistan Cotton Ginners Association (PCGA) fortnightly report, in the meantime prices held the overnight levels, dealers said. The official spot rate was unmoved at Rs 6100, dealers sai
Published 19 Nov, 2016 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 109,433 tonnes of cargo comprising 96,078 tonnes of import cargo and 13,355 tonnes of export cargo including 4,468 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 96,0
Published 19 Nov, 2016 12:00am
US natural gas futures climb on cooler forecasts

US natural gas futures climb on cooler forecasts

US natural gas futures on Wednesday climbed to the highest level in over a week on forecasts for less mild weather and higher heating demand over the next two weeks. Even though the weather will cool over the next two weeks, traders noted price gains woul
Published 19 Nov, 2016 12:00am
US FOB Gulf corn offers lower on ample supply

US FOB Gulf corn offers lower on ample supply

Export premiums for corn shipped from the US Gulf Coast were flat to lower on Wednesday on ample supplies and muted demand, while wheat and soyabean premiums were flat, traders said. A strong US dollar weighed on FOB basis offers by increasing import cost
Published 19 Nov, 2016 12:00am
South African grain body sees surplus maize output in 2017

South African grain body sees surplus maize output in 2017

South Africa is likely to have a maize surplus next year as favourable weather conditions encourage farmers to plant more hectares after a devastating drought last season, the head of the largest grain producer group said on Tuesday. A good maize harvest
Published 19 Nov, 2016 12:00am
Palm oil eases on European vegoils market

Palm oil eases on European vegoils market

Palm oil on the European vegetable oils market continued to ease on Tuesday following weakness in Malaysian palm oil futures on the back of lower Malaysian export data for the first half of November. Palm oil was mostly offered between flat and $7.50 a to
Published 19 Nov, 2016 12:00am
HRW wheat bids flat

HRW wheat bids flat

Basis bids for hard red winter wheat (HRW) in the southern US Midwest were unchanged on Wednesday as sagging grain futures curbed farmer sales, dealers said. A firmer dollar, which makes US wheat more expensive for foreign buyers and plentiful global supp
Published 19 Nov, 2016 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 2,975. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 5.24 billion and the number of lots traded was 11,747. Major business was contributed by cu
Published 19 Nov, 2016 12:00am
Message from Minister of State of Privatization

Message from Minister of State of Privatization

For and behalf of the Privatization Commission, I welcome the initiative of holding the 6th IPO Summit at Lahore and congratulate everyone associated with the organisation of the Summit especially the Securities and Exchange Commission of Pakistan, South
Published 19 Nov, 2016 12:00am
Message from Chairman (SECP)

Message from Chairman (SECP)

I am immensely pleased to learn about the holding of sixth Pakistan IPO Summit, 2016 by the South Asian Federation of Exchanges (SAFE) in partnership with the Pakistan Stock Exchange (PSX).
Published 19 Nov, 2016 12:00am
Message from Chairman, PSX

Message from Chairman, PSX

I extend my heartiest welcome to the delegates of the PSX-SAFE IPO conference 2016-2017. Now in it's sixth year, this premier event is already noted for its positive outcomes. In the last few years (since 2014), out of 13 IPO's in the Pakistan Capital Mar
Published 19 Nov, 2016 12:00am
Message from CEO TREET CORPORATION

Message from CEO TREET CORPORATION

It gives us great pleasure to be a part of this IPO Summit, 2016. We endorse the Summit's aims for cultivating a favourable environment for "listing" in the Country. Adam Smith, the father of modern economics, illustrated in his book "The Wealth of Nation
Published 19 Nov, 2016 12:00am
Message from Chief Executive Officer AKD Securities Limited

Message from Chief Executive Officer AKD Securities Limited

I would like to take this opportunity to congratulate South Asian Federation of Exchanges, the Pakistan Stock Exchange and Securities &Exchange Commission of Pakistan for putting such a great show every year and it gives me immense pleasure to be a part o
Published 19 Nov, 2016 12:00am
BENEFITS OF BECOMING A PUBLICLY LISTED COMPANY

BENEFITS OF BECOMING A PUBLICLY LISTED COMPANY

It is a privilege for Pakistan Stock Exchange Limited (PSX) to join hands with South Asian Federation of Stock Exchanges (SAFE) and co-host Pakistan's IPO Summit 2016. This initiative serves as a platform where companies and businesses contemplating to em
Published 19 Nov, 2016 12:00am
Winning a successful IPO - An art of communication

Winning a successful IPO - An art of communication

I often leave a question when I exchange debate on the importance of Corporate Communications with the sponsors of the companies' questioning, why is that our drawing room the most tastefully decorated portion of our house? The answer comes natural, becau
Published 19 Nov, 2016 12:00am
Tipsy argument

Tipsy argument

On October 18, the Sindh High Court ordered the authorities concerned to initiate the process of recalling licences granted to liquor shops. On Monday, the owners of wine shops in Sindh filed a joint petition in the Supreme Court, requesting it to set asi
Published 19 Nov, 2016 12:00am
Stressed out over Trump victory? Try cleaning out your freezer

Stressed out over Trump victory? Try cleaning out your freezer

Clean out your freezer, try a manicure-pedicure and stay off social media. Those are some of the tips offered by columnists and others to people dealing with what one psychologist has dubbed Election Stress Disorder, which he said has spiked since Donald
Published 19 Nov, 2016 12:00am
Thorny issue of who will pay for climate damage simmers at UN talks

Thorny issue of who will pay for climate damage simmers at UN talks

"Loss and damage" from climate change has been a controversial topic at the UN talks over the past decade, mainly because it asks a tough question: Who should pay to repair the harm done by planet-warming emissions? Aid agencies say "loss and damage" occu
Published 19 Nov, 2016 12:00am
ART FACTS: Splendour of watercolour

ART FACTS: Splendour of watercolour

Pleasing and impressive qualities of watercolour were enhanced by M A Bhatti in his portraits and cityscape paintings. While A Q Arif explored the beauty of watercolour by connecting the fantasy world of historical buildings of our country with the presen
Published 19 Nov, 2016 12:00am
Libraries can be a health lifeline for people most at risk

Libraries can be a health lifeline for people most at risk

Public libraries can provide vital support for people at high risk for health problems such as new immigrants and people dealing with homelessness, mental illness and substance use, say US researchers.
Published 19 Nov, 2016 12:00am
Little evidence for risks, or benefits, of habitual barefootedness

Little evidence for risks, or benefits, of habitual barefootedness

Studies on the long-term effects of habitual barefoot walking or running are scarce, and there is only limited evidence for more foot problems and no evidence for higher injury rates among people who are often barefoot, according to a new review.
Published 19 Nov, 2016 12:00am
BOOK REVIEWS: Artistic sense and sensibility

BOOK REVIEWS: Artistic sense and sensibility

The book by distinguished art historian Dr Akbar Naqvi discloses the painting journey of artist Shahid Rassam, which led him to drawings and sculptures also. Shahid divided his journey in three periods. The "Romanticism to Poetic Surrealism" period covers
Published 19 Nov, 2016 12:00am
Protecting children's rights

Protecting children's rights

Children are the future pillars of our nation. They are tomorrow's politicians, scientists, doctors, architectures and teachers.They are innocent, admirable, and pure and loved by everyone. To increase the awareness of people towards the rights, care and
Published 19 Nov, 2016 12:00am
Turmeric a magical condiment
Cotton

Turmeric a magical condiment

Turmeric is called Haldi in Hindi and Urdu in the Subcontinent. It is a bright yellow colour powder extracted from and underground root of a tropical plant called "Curcuma longa Linn." It belongs to the ginger family "Zingiberaceae". It is native of India
Published 19 Nov, 2016 12:00am
Syria: Weaving devastated by civil war
Cotton

Syria: Weaving devastated by civil war

With the deftness of decades of experience, Abu Mohammad wove thick green thread with a wooden loom in north-west Syria, creating a vibrant geometric pattern renowned among Arabic textiles. It was the last day before the weaver in his 50s would be forced
Published 19 Nov, 2016 12:00am
Will 'Fantastic Beasts' conjure up 'Harry Potter's' global magic?

Will 'Fantastic Beasts' conjure up 'Harry Potter's' global magic?

The gates to J.K. Rowling's wizarding world are set to re-open with "Fantastic Beasts and Where to Find Them," but the jury is still out on whether the five-movie spinoff will conjure up the magic that turned "Harry Potter" into a global entertainment phe
Published 19 Nov, 2016 12:00am
Mostly magical reviews for 'Fantastic Beasts' but is it too dark?

Mostly magical reviews for 'Fantastic Beasts' but is it too dark?

British author J.K. Rowling has conjured up her "Harry Potter" magic in the spin-off film "Fantastic Beasts and Where to Find Them," but some early reviews wondered if it may be too dark for a family audience and whether the story can sustain four more mo
Published 19 Nov, 2016 12:00am
Five decades and 200 films later, Jackie Chan 'finally' wins Oscar

Five decades and 200 films later, Jackie Chan 'finally' wins Oscar

When Jackie Chan saw an Oscar at Sylvester Stallone's house 23 years ago, he said that was the moment he decided he wanted one. Last Saturday at the annual Governors Awards, the Chinese actor and martial arts star finally received his little gold statuett
Published 19 Nov, 2016 12:00am
A Minute With: Amy Adams on 'Arrival,' awards and 'Disenchanted'

A Minute With: Amy Adams on 'Arrival,' awards and 'Disenchanted'

Despite having five Oscar nominations under her belt, actress Amy Adams said she feels "inauthentic" campaigning for herself during Hollywood's awards season, although buzz is building around her latest role as an intuitive linguist in sci-fi film "Arriva
Published 19 Nov, 2016 12:00am
BRIDGE NOTES: Reading the signals perfectly

BRIDGE NOTES: Reading the signals perfectly

The art of signalling in defence is not every Bridge player's forte. For Defense in Bridge is never easy unless the dummy exposes nothing better to do than playing the only obvious alternate. Of course the Defence signals are standard in all those systems
Published 19 Nov, 2016 12:00am
'Man from U.N.C.L.E.' star Robert Vaughn dies

'Man from U.N.C.L.E.' star Robert Vaughn dies

Robert Vaughn, best known for playing the suave Napoleon Solo in 1960s television spy series, "The Man from U.N.C.L.E," and the last surviving actor from the original "Magnificent Seven" movie, died last Friday from leukemia, his manager said.
Published 19 Nov, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 19 Nov, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 19 Nov, 2016 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 19 Nov, 2016 12:00am
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