News Archives for Latest - 2016-11-23

Industry

Toyota aims to sell more hybrid cars in India

NEW DELHI: Toyota Motor Corp expects hybrid cars to make up 20 percent of its total vehicle sales in India by 2020 from less than 2 percent today, a senior company official told Reuters.

Updated 08 May, 2018 01:24pm

Technology

High-end running shoes be hurting you

New research suggests that runners who wear padded running shows are more prone to injuries as opposed to health aficionados who opt for minimal trainer shoes.

Updated 10 Oct, 2017 10:32am

World Top News

US kicked out of South Korea and Japan Intel-sharing Pact

In the aftermath of US Presidents, Donald Trumps win; South Korea and Japan have signed an Intel sharing pact due to the threats posed by North Koreas missile and nuclear activities specially of late all without the US as an inter-mediatory partner in-bet

Updated 10 Oct, 2017 10:31am

Energy

Med Crude-Urals differentials stable in northwest Europe

MOSCOW: Urals differentials remained stable in northwest Europe as Surgutneftegaz tender results proved the market was still firm despite slightly higher exports from Baltic ports planned for the first half of December.

Updated 19 Apr, 2017 12:28pm

Front Top News

Pakistan preparing to become OGP Forum member: Dar

ISLAMABAD: Minister for Finance Muhammad Ishaq Dar Wednesday said after becoming a member of Organization for Economic Cooperation and Development (OECD), Pakistan was preparing to become a member of Open Government Partnership (OGP) Forum in order to ens

Published 23 Nov, 2016 09:29pm

Sports

RugbyU: Tonga name team for Italy test

MILAN: Tonga coach Tutai Kefu on Wednesday announced his starting XV for the November test against Italy in Padova.

Published 23 Nov, 2016 09:27pm

General News

CM reviews proposals for disaster insurance scheme

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif on Wednesday presided over a meeting which reviewed preliminary proposals for disaster insurance scheme to cope with the losses due to natural calamities especially floods.

Published 23 Nov, 2016 09:27pm

Front Top News

COAS pays farewell visit to Karachi

KARACHI: As part of his farewell tour, the Chief of Army Staff (COAS) General Raheel Shareef visited Karachi and addressed officers and soldiers of Karachi Corps and Sindh Rangers and lauded them for their significant successes in improving security situa

Published 23 Nov, 2016 09:26pm

General News

Bilawal Bhutto felicitates new office-bearers of PPP

KARACHI: Chairman Pakistan Peoples Party Bilawal Bhutto Zardari has extended felicitations to the newly-elected Provincial office-bearers of Central Punjab, South Punjab, Sindh, Khyber-Pakhtunkhwa, Balochistan and Divisional organization of Karachi apprec

Published 23 Nov, 2016 09:21pm

General News

Governor KPK visits IDEAS-2016

KARACHI: Governor, Khyber Pakhtunkhwa, Zaffar Iqbal Jhagra on Wednesday visited 9th International Defence Exhibtion IDEAS-2016 and hoped, this will help promote sale of Pakistan's defence products and increase cooperation with other countries in defen

Published 23 Nov, 2016 09:21pm

Europe

EU Parliament urges fight against Russia 'propaganda'

STRASBOURG: The European Parliament on Wednesday urged the EU to fight back against "hostile propaganda" by the Kremlin, prompting a swift rebuke from Russian President Vladimir Putin.

Published 23 Nov, 2016 09:17pm

World Top News

COAS reviews situation at LoC

ISLAMABAD: Chief of the Army Staff (COAS) General Raheel Sharif held a special meeting at Corps Headquarters Rawalpindi Wednesday to review the situation at the Line of Control.

Published 23 Nov, 2016 09:17pm

Pakistan Top News

Pakistan considers various diplomatic options on Indian aggression at LoC: Maleeha

ISLAMABAD: Pakistan's Permanent Representative in the United Nations Maleeha Lodhi Wednesday said Pakistan was considering various diplomatic options on Indian aggression at the Line of Control (LoC).

Published 23 Nov, 2016 09:16pm

Industries & Sectors

FPCCI president meets WCCI office-bearers

MULTAN: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) president Rauf Alam Wednesday vowed to increase representation of Women Chamber of Commerce & Industry (WCCI) hailing from this region into FPCCI over its good performance.

Published 23 Nov, 2016 09:15pm

Financial

Yields fall from highs as funds flock to 7-year auction

NEW YORK: US Treasury yields fell from multiyear highs on Wednesday after the Treasury Department saw very strong demand for an auction of seven-year notes, and after minutes from the Federal Reserve's November meeting contained no large surprises.

Published 23 Nov, 2016 09:08pm

World

Mexico central bank cuts 2017 growth outlook, cites possible US risks

MEXICO CITY: Mexico's central bank on Wednesday narrowed its 2016 growth forecast, and cut its 2017 outlook, adding it may revise estimates if new US policies have a negative effect on Mexican exports and foreign investment in the country.

Published 23 Nov, 2016 09:08pm

Commodities

ICE Canada canola futures jump with soyoil on US biofuels targets

WINNIPEG: ICE Canada canola futures jumped 1.

Published 23 Nov, 2016 09:07pm

Financial

GLOBAL MARKETS-Dow hits record; US yields, dollar at multi-year highs

NEW YORK: The Dow Jones industrial average hit a record high for a third straight day on Wednesday, while US two-year Treasury yields and the dollar hit multi-year peaks after upbeat US economic data reinforced expectations of interest rate increases.

Published 23 Nov, 2016 09:05pm

Financial

S&P 500 dips with healthcare shares, Dow edges up ahead of holiday

NEW YORK: The S&P 500 inched lower on Wednesday afternoon, hurt by declines in Eli Lilly and other healthcare shares, while the Dow edged higher along with industrial stocks in light trading ahead of a US holiday.

Published 23 Nov, 2016 09:01pm

Commodities

CBOT wheat ends lower on technicals, strong dollar

CHICAGO: Wheat futures on the Chicago Board of Trade fell on Wednesday on technical selling ahead of Thursday's US Thanksgiving holiday and a stronger dollar, which tends to make US grains less attractive to those holding other currencies.

Published 23 Nov, 2016 08:59pm

Commodities

Brazil corn prices fall amid imports, help poultry producers

SAO PAULO: Corn prices in Brazil fell sharply in the fourth-quarter inter-harvest period, weakened by strong Mercosur imports, which have helped the country's poultry and pork industries as they struggle with high feed costs and weak margins.

Published 23 Nov, 2016 08:58pm

Commodities

Funds net buyers of CBOT soyoil and soybeans

CHICAGO: Commodity funds were net buyers of Chicago Board of Trade soyoil and soybean futures contracts on Wednesday, and net sellers of wheat and soymeal, traders said.

Published 23 Nov, 2016 08:57pm

Front Top News

Bidding for auction of PEMRA 's three DTH licenses continues

ISLAMABAD: After getting conditional permission from the Supreme Court, Pakistan Electronic Media Regulatory Authority (PEMRA) on Wednesday started auction process of first three licenses for the direct- to-home (DTH) service.

Published 23 Nov, 2016 08:54pm

World

Fed policymakers confident of need for rate hikes on eve of Trump win

WASHINGTON: Federal Reserve policymakers appeared confident on the eve of the US presidential election that the economy was strengthening enough to warrant interest rate increases soon, minutes from the Fed's Nov.

Published 23 Nov, 2016 08:54pm

General News

Shehbaz shifts to his residence

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif Wednesday shifted to his residence from Ittefaq Hospital.

Published 23 Nov, 2016 08:53pm

Financial

Dollar jumps to highest in almost 14 years on Fed hike stance

NEW YORK: The dollar surged to its highest since March 2003 on Wednesday, bolstered by upbeat US economic reports that showed the economy on track for steady growth as they reinforced expectations of rate increases by the Federal Reserve next month and in

Published 23 Nov, 2016 08:52pm

Commodities

Coffee, sugar at multiweek lows as Brazil currency falls

NEW YORK/LONDON: Arabica coffee futures on ICE fell to a six-week trough on Wednesday and raw sugar slid to the lowest since early September as the currency in top grower Brazil fell against the US dollar and funds further scaled back long positions.

Published 23 Nov, 2016 08:51pm

Sports

RugbyU: Italy's Parisse banned, misses Tonga clash

MILAN: Italy captain Sergio Parisse has been hit with a three-week disciplinary ban, ruling him out of this weekend's Test against Tonga, the Italian rugby federation (FIR) said on Wednesday.

Published 23 Nov, 2016 08:51pm

Sports

RugbyU: Italy's Parisse banned, misses Tonga clash

MILAN: Italy captain Sergio Parisse has been hit with a three-week disciplinary ban, ruling him out of this weekend's Test against Tonga, the Italian rugby federation (FIR) said on Wednesday.

Published 23 Nov, 2016 08:50pm

Football

Football: Leipzig out to defend top spot from Bayern

BERLIN: RB Leipzig are determined to defend their hard-earned status as the new Bundesliga leaders with a win at Freiburg on Friday to pile the pressure on faltering Bayern Munich.

Published 23 Nov, 2016 08:49pm

World

Most US Fed members support rate hike 'relatively soon'

WASHINGTON: Most US interest rate policymakers believe a rate hike to be appropriate "relatively soon," boosting the chances of an increase in December, according to meeting minutes released Wednesday.

Published 23 Nov, 2016 08:48pm

Football

Football: Benfica frustrated after stirring Besiktas fightback

ISTANBUL: Benfica must wait on a place in the last 16 of the Champions League after they squandered a three-goal lead to draw 3-3 at Turkey's Besiktas on Wednesday.

Published 23 Nov, 2016 08:47pm

Europe

EU lawmakers denounce Russian info tactics, anger Putin

STRASBOURG: The European Parliament called on the EU and its states to do more to counter Russian "disinformation and propaganda warfare" on Wednesday, drawing an angry response from President Vladimir Putin.

Published 23 Nov, 2016 07:43pm

Money & Banking

Greece's National Bank turns profitable in third quarter

ATHENS: Greek lender National Bank (NBG) turned profitable in the third quarter, helped by lower trading losses and reduced bad-debt provisions.

Published 23 Nov, 2016 07:43pm

Europe

Greek PM Tsipras, Trump talk about cooperation, security

ATHENS: Greek Prime Minister Alexis Tsipras spoke by telephone to US President-elect Donald Trump on Wednesday, his office said, congratulating him on his election victory and underlining the strong ties between the two countries.

Published 23 Nov, 2016 07:40pm

Europe

NATO ends counter-piracy mission as focus shifts to Mediterranean

BRUSSELS: NATO has ended its Indian Ocean counter-piracy mission after a sharp fall in attacks, the alliance said on Wednesday, as it shifts resources to deterring Russia in the Black Sea and people smugglers in the Mediterranean.

Published 23 Nov, 2016 07:38pm

Industry

November US auto sales to show 5 percent rise

DETROIT: US auto sales in November will be up 5 percent from a year earlier, making it possible that 2016 will top last year's record high, industry consultants J.

Published 23 Nov, 2016 07:38pm

Financial

Gilt yields soar as market digests Brexit borrowing glut

LONDON: Long-dated gilt yields rocketed on Wednesday after British finance minister Philip Hammond ramped up his forecasts for government borrowing in Britain's first budget update to count the cost of voting to leave the European Union.

Published 23 Nov, 2016 07:36pm

Financial

South Africa's Treasury says supports minimum wage recommendation

JOHANNESBURG: South Africa's Treasury said on Wednesday it supported the report by a government-appointed advisory panel that suggested a national minimum wage of 3,500 rand ($245) per month, throwing its political weight behind the policy initiative.

Published 23 Nov, 2016 07:36pm

World

US 30-year mortgage rates reach 16-month high

NEW YORK: The average interest rate on US 30-year fixed-rate mortgages rose above 4 percent to a 16-month high, in step with rising US government bond yields, mortgage finance agency Freddie Mac said on Wednesday.

Published 23 Nov, 2016 07:34pm

Financial

Budget drives sterling higher vs struggling euro

LONDON: Sterling surged to a 10-week high against the euro and resisted the dramatic falls against the dollar suffered by other major currencies after a UK budget read as doing more than had been expected to bolster growth in years to come.

Published 23 Nov, 2016 07:33pm

Money & Banking

Markets see possible Turkish rate rise in defiance of Erdogan

ISTANBUL/ANKARA: Turkey's central bank could raise interest rates for the first time in nearly three years on Thursday to prop up a stumbling lira currency, a move that would defy President Tayyip Erdogan's relentless drive for cheaper credit.

Published 23 Nov, 2016 07:32pm

World Top News

More Rohingyas flee to Bangladesh as violence spreads in Myanmar

COX'S BAZAR: More Rohingya Muslims from Myanmar poured into neighbouring Bangladesh this week, with some feared to have drowned after a boat sank during a bid to flee violence that has killed at least 86 people and displaced 30,000.

Published 23 Nov, 2016 07:31pm

Financial

Britain's FTSE ends little changed, housebuilders skid

LONDON: Britain's top share index ended flat on Wednesday after a choppy day, with individual sectors diverging as finance minister Philip Hammond delivered the biggest economic update since Britain voted in June to leave the European Union.

Published 23 Nov, 2016 07:29pm

Energy

W. Africa Crude-CPC buys Angolan, traders buy Nigeria for tenders

LONDON: West African spot trading focused on Angola's January exports, but was limited again due to pending tenders.

Published 23 Nov, 2016 07:28pm

World

Atlanta Fed holds US 4th qtr GDP growth view at 3.6pc

NEW YORK: The US economy is on track to grow at a 3.

Published 23 Nov, 2016 07:28pm

Africa

South Africa's Zuma condemns influence-peddling report as unfair

CAPE TOWN: South African President Jacob Zuma said on Wednesday an anti-corruption watchdog had no right to call for a judicial inquiry into alleged influence-peddling in his government, describing its report as unfair.

Published 23 Nov, 2016 07:26pm

Financial

US Treasury reassures Brazil banks trade with Iran OK

BRASILIA: The US Treasury has reassured Brazilian banks they can finance trade with Iran without fear of sanctions, opening the way to billions of dollars in potential exports of jet planes, buses and equipment, a senior Brazilian official said on Wednesd

Published 23 Nov, 2016 07:24pm

Energy

Europe Gasoline/Naphtha-Gasoline cracks rise despite US inventory build

LONDON: Gasoline refining margins in northwest Europe rose slightly on Wednesday despite a larger than expected build in US inventories last week, as overseas demand supported.

Published 23 Nov, 2016 07:22pm

Europe

EU regulator conditionally approves Abbott's purchase of St Jude

BRUSSELS: The European Commission on Wednesday said it has given its conditional approval to US medical device maker Abbott Laboratories' bid for peer St Jude Medical Inc.

Published 23 Nov, 2016 07:16pm

Commodities

Copper rebounds as upbeat US data sparks fund buying

LONDON: Copper surged on Wednesday to its highest in nearly two weeks as upbeat manufacturing data from the United States and the euro zone drove a wave of fund buying that reversed earlier weakness.

Published 23 Nov, 2016 07:15pm

North America

Mexico's finance ministry maintains 2016-17 growth forecasts

MEXICO CITY: Mexico's government has maintained its forecast for economic growth for this year and next, deputy finance minister Vanessa Rubio said on Wednesday, after data showed domestic consumption remained strong in the third quarter.

Published 23 Nov, 2016 07:10pm

Energy

Europe Distillates-Cracks slip from three-week highs, supplies still tight

LONDON: Diesel refining margins in northwest Europe slipped on Wednesday but were still close to three-week highs as rash of unplanned outages on the US Gulf Coast and maintenance in the Middle East kept supplies tight.

Published 23 Nov, 2016 07:09pm

Commodities

US Cash Soymeal-Barge bids weaken on dull demand; futures tumble

CHICAGO: Soymeal basis bids eased by $1 to $2 per ton in the US barge market on Wednesday, pressured by lackluster export demand and cheaper supplies on offer out of Argentina, traders said.

Published 23 Nov, 2016 07:09pm

World

Peru slams UN agency for hiring former first lady under investigation

LIMA: Peru rebuked the United Nations Food and Agriculture Organization on Wednesday for hiring former first lady Nadine Heredia as a Geneva-based director while she is a suspect in a money laundering inquiry.

Published 23 Nov, 2016 07:08pm

Financial

European equities end steady, miners underpin market

LONDON: European shares steadied on Wednesday, with basic resources companies underpinning the broader market following a rise in metals prices.

Published 23 Nov, 2016 07:06pm

General News

CM Murad phones father of tortured student of cadet college Larkana

KARACHI: Sindh Chief Minister, Syed Murad Ali Shah Wednesday made a call to the father of Muhammad Ahmed Hussain Mashori, a student of Cadet College Larkana who was allegedly tortured by his teacher.

Published 23 Nov, 2016 07:05pm

Energy

North Sea Crude-Forties edges up as flows to Asia pick up; contango shrinks

LONDON: North Sea Forties crude differentials edged higher on Wednesday, boosted by the prospect of a pick-up in flows of oil to Asia, which helped to narrow the contango.

Published 23 Nov, 2016 07:05pm

Financial

Brexit and dollar buffet London stocks

LONDON: A sharp slowdown in British growth due to Brexit and a rebounding dollar delivered a jolt to London stocks on Wednesday, while the Dow continued to push higher into record territory.

Published 23 Nov, 2016 07:04pm

Energy

Oil prices edge higher despite doubts on OPEC-led cuts

NEW YORK: Oil prices turned positive on Wednesday despite investor doubts that OPEC will agree to a production cut large enough to make a significant dent in the global glut of crude.

Published 23 Nov, 2016 07:04pm

Industry

Lufthansa pilots extend strike again until Friday for short-haul flights

BERLIN: Lufthansa pilots in Germany said they would extend strike action that began on Wednesday until Friday, ratcheting up pressure on management in a long-running pay dispute and promising further disruptions for travellers.

Published 23 Nov, 2016 07:03pm

North America

UN chief to Cyprus leaders: 'Do not let historic opportunity slip'

UNITED NATIONS: UN Secretary-General Ban Ki-moon on Wednesday urged leaders of divided Cyprus to return to the negotiating table and clinch a deal on reuniting the island, saying "they must not let this historic opportunity slip".

Published 23 Nov, 2016 07:02pm

General News

SC adjourns hearing of Hanif Abbasi's petition till Nov 30

ISLAMABAD: The Supreme Court on Wednesday adjourned the hearing of Hanif Abbasi's petition seeking disqualification of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and its Secretary General Jehangir Tareen over tax invasion and hidding of assest

Published 23 Nov, 2016 07:01pm

General News

PTI has no respect for institutions: Musadik

ISLAMABAD: Adviser to the Prime Minister Dr Musadik Malik Wednesday said Pakistan Tehreek-i-Insaf (PTI) leaders had no respect for state institutions.

Published 23 Nov, 2016 06:57pm

General News

Australia-Pakistan parliamentarians must work closely: Marriyum

ISLAMABAD: Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb Wednesday said Australia-Pakistan Parliamentarians Group must work more closely and learn from one another's experiences to further sustainable develop

Published 23 Nov, 2016 06:57pm

North America

Trump chooses foreign policy novice as ambassador to UN

PALM BEACH: Donald Trump named South Carolina Governor Nikki Haley, a former critic who has little foreign policy experience, to be the next US ambassador to the United Nations on Wednesday at a time of uncertainty over America's international role un

Published 23 Nov, 2016 06:56pm

General News

Shehbaz Sharif is in good health: Spokesman

LAHORE: Spokesman Punjab government has said that Punjab Chief Minister Muhammad Shehbaz Sharif is in good health and his medical tests are normal.

Published 23 Nov, 2016 06:56pm

General News

CM Balochistan visits CPO

QUETTA: Chief Minister Balochistan, Nawab Sanaullah Khan Zehri along with Chief Secretary Balochistan, Saifullah Chattah here on Wednesday visited Central Police Office Balochistan.

Published 23 Nov, 2016 06:55pm

General News

Voter's awareness rally and seminar to be held on Dec, 7

MITHI: Election Commission of Pakistan (ECP) Wednesday launched voter's education campaign.

Published 23 Nov, 2016 06:48pm

General News

KP govt preferred politics of `Dharna' instead of serving people: Governor KP

KARACHI: Governor Khyber Pakhtunkhwa Zafar Iqbal Jhagra Wednesday said the provincial government of Khyber Pukhtunkhwa (KP) instead of serving the people in accordance with its mandate, preferred the politics of `Dharna'.

Published 23 Nov, 2016 06:47pm

General News

SHC directs to handover all working women hostels to Women Development Department

HYDERABAD: The Sindh High Court Wednesday ordered the Sindh government to handover all working women hostels to the Women Development Department.

Published 23 Nov, 2016 06:45pm

General News

Pakistan to become SCO member, says Russian ambassador

MULTAN: Russian Ambassador in Pakistan Alexey Yurivich Dedov Wednesday said that Russia was extending full support to Pakistan's bid for Shanghai Cooperation Organisation (SCO) membership.

Published 23 Nov, 2016 06:45pm

General News

Shehbaz Sharif stresses need for unity

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif on Wednesday said that there was a greater need for unity in the present situation and urged political elements who were dividing the nation to mend their ways.

Published 23 Nov, 2016 06:37pm

General News

Shehbaz Sharif condoles death of Moin Qureshi

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif on Wednesday expressed sorrow and grief over the death of former caretaker prime minister Moin Qureshi.

Published 23 Nov, 2016 06:33pm

General News

CM condoles death of son of Ahmed Waleed

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif Wednesday expressed deep sorrow and grief over the death of the son of Ahmed Waleed, Controller News Central Sama TV Channel Lahore.

Published 23 Nov, 2016 06:33pm

North America

More hurricanes likely for northeast US

PARIS: A study warned Wednesday of hurricanes hitting the US northeast coast more frequently in future due to climate change caused by fossil fuel emissions.

Published 23 Nov, 2016 04:23pm

Football

Man Utd to extend Ibrahimovic deal by one year

MANCHESTER: Manchester United will trigger an option to extend Swedish striker Zlatan Ibrahimovic's contract by a year, manager Jose Mourinho told a press conference on Wednesday.

Published 23 Nov, 2016 04:21pm

Business & Economy

LCCI taking steps to promote public-private partnership

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) Vice President Nasir Hameed Khan has said the chamber was taking comprehensive measures to promote public- private partnership as it was the best solution of economic%D%Aissues.

Published 23 Nov, 2016 04:20pm

Pakistan Top News

NAB decides to file three corruption references

ISLAMABAD: The Executive Board Meeting (EBM) of National Accountability Bureau (NAB) Wednesday decided to file three corruption references including first corruption reference against Tahir Basharat Cheema and others.

Published 23 Nov, 2016 04:20pm

World

China defends Asia-Pacific trade after Trump threat

SANTIAGO: China's President Xi Jinping vowed to strengthen world trade in the face of US President-elect Donald Trump's threat to pull out of a key trans-Pacific accord.

Published 23 Nov, 2016 04:12pm

Cricket

PCB selection committee announces under-19 cricket players names

DG KHAN: The Pakistan Cricket Board selection committee has announced names of under-19 cricket players.

Published 23 Nov, 2016 04:12pm

Pakistan

NA passes National Accreditation Council Bill 2016

ISLAMABAD: National Assembly on Wednesday passed National Accreditation Council Bill 2016 unanimously after couple of amendments proposed by the opposition parties.

Published 23 Nov, 2016 04:08pm

Industries & Sectors

Railway connectivity important for cooperation with Central Asia: Saad

ISLAMABAD: Pakistan and Tajikistan on Wednesday decided to enhance cooperation in the sector of Railways.

Published 23 Nov, 2016 04:06pm

Pakistan Top News

Pakistan forces giving befitting response to Indian aggression: Asif

ISLAMABAD: Minister for Defence Khawaja Muhammad Asif Wednesday said Pakistan valiant armed forces has been giving befitting response to Indian aggression at the Line of Control (LoC).

Published 23 Nov, 2016 04:05pm

Pakistan Top News

COAS hails role of Karachi Corps, Rangers in improving law & order in Sindh

KARACHI: Chief of Army Staff General Raheel Sharif on Wednesday lauded the role of Karachi Corps and Rangers for their significant success in improving security situation of Sindh in general and Karachi in particular.

Published 23 Nov, 2016 04:02pm

Cricket

ICC penalises India women team for skipping matches with Pakistan

ISLAMABAD: The International Cricket Council (ICC) has penalised Indian women's team for skipping all their three matches against Pakistan in the ICC women's championship competition.

Published 23 Nov, 2016 04:01pm

Pakistan Top News

Pakistan, Ukraine sign deal for upgradation of Al-Khalid Tanks, 13 MoUs signed in IDEAS 2016

KARACHI: Pakistan and Ukraine have signed an agreement for up-gradation of Al-Khalid Tank.

Published 23 Nov, 2016 03:59pm

Europe

Euro finmins and IMF will not meet on Friday on Greece

BERLIN: Euro zone finance ministers and IMF officials are not planning to meet on Friday in Berlin to discuss Greece's bailout, a spokeswoman for the German finance ministry said on Wednesday.

Published 23 Nov, 2016 03:58pm

Commodities

Copper retreats as post-US election rally loses steam

LONDON: Copper fell on Wednesday, snapping two days of gains on concerns that the recent price rally sparked by US president-elect Donald Trump's stated commitment to higher infrastructure spending had become overstretched.

Published 23 Nov, 2016 03:57pm

Managed Funds

Etihad Airways sets final size of five-year sukuk at $1.5bn

DUBAI: Etihad Airways has set its planned five-year sukuk at $1.

Published 23 Nov, 2016 03:55pm

Arts

Death anniversary of Waheed Murad observed

LAHORE: The 33rd death anniversary of film star Waheed Murad was observed here on Wednesday.

Published 23 Nov, 2016 03:55pm

Financial

Sri Lanka shares fall for 8th session; tax proposals weigh

COLOMBO: Sri Lankan shares extended falls to an eighth session on Wednesday, posting their lowest close since April 7, as investor sentiment was hit by budget tax proposals, including revisions in corporate and withholding taxes.

Published 23 Nov, 2016 03:54pm

Commodities

Gold flat as firm dollar caps upside ahead of Fed minutes

LONDON: Gold spun its wheels on Wednesday as a strong dollar kept a lid on gains but some analysts said bullion may get support from European political risks in coming months.

Published 23 Nov, 2016 03:53pm

General News

CPEC to serve Pakistan as fate changer, say economists

KARACHI: The China-Pakistan Economic Corridor (CPEC) is a fate changer for Pakistan and foreign investment is prerequisit for the economic growth of the country.

Published 23 Nov, 2016 03:52pm

General News

NAB orders inquiry against revenue deptt officials Layyah

MULTAN: The National Accountability Bureau (NAB) executive board Wednesday authorized an inquiry against officials of the Revenue Department Layyah over misuse of authority.

Published 23 Nov, 2016 03:51pm

World

EU-Canada trade deal clears legal test hurdle in EU parliament

STRASBOURG: The planned EU-Canada free trade deal cleared a hurdle to its implementation next year when the European Parliament rejected a motion on Wednesday to ask the top European Union court to rule on its legality.

Published 23 Nov, 2016 03:48pm

General News

Mayor of Karachi calls on Sindh CM

KARACHI: The Mayor of Karachi Waseem Akhtar called on Sindh Chief Minister Syed Murad Ali Shah at Chief Minister House here on Wednesday.

Published 23 Nov, 2016 03:46pm

Energy

Asia Naphtha/Gasoline-Naphtha down; petrochemical margins to hold firm

SINGAPORE: Asia's naphtha crack for first-half January extended losses for the third straight day on Wednesday to reach a two-week low of $76.

Published 23 Nov, 2016 03:46pm

Business & Economy

Chinese investors delegation visits ICCI to explore business opportunities

ISLAMABAD: Guobin Zhao, Chairman, Zhengde International Investment Group of China and Chairman China Pakistan Economic Corridor (CPEC) Executive Council along with a delegation visited Islamabad Chamber of Commerce and Industry (ICCI) aiming to explore op

Published 23 Nov, 2016 03:45pm

Energy

Asia Fuel Oil-Fresh arrivals ease premiums but quality still a concern

SINGAPORE: Cash premiums for Asia's fuel oils eased as vessels offloaded fresh arbitrage cargoes and other vessels queued up outside Singapore's terminals, but traders remained concerned about the quality of fuel oil aboard the ships.

Published 23 Nov, 2016 03:45pm

Financial

Trumped-up dollar steadies, offshore yuan hits record low

LONDON: The dollar steadied near a recent peak on Wednesday, taking a breather ahead of the US Thanksgiving holiday after surging on expectations that a Donald Trump administration will boost growth and inflation, pushing up US interest rates.

Published 23 Nov, 2016 03:44pm

Financial

Offshore yuan hits new record low in volatile trade

LONDON: China's offshore yuan hit a record low above 6.

Published 23 Nov, 2016 03:43pm

Pakistan Top News

Cabinet approves basic pay revision of public office-holders, MPs after 13 years

ISLAMABAD: The Federal Cabinet Wednesday approved revision of basic pay of some public office-holders and members of parliament (MPs) after 13 years.

Published 23 Nov, 2016 03:43pm

Financial

GLOBAL MARKETS-Investors trade on policy split between US and Europe

LONDON: European shares dipped and German bond yields briefly touched record lows on Wednesday, a contrast with the buoyant mood on Wall Street as investors focused on diverging growth and interest rate prospects in Europe and the United States.

Published 23 Nov, 2016 03:42pm

World

US jobless claims, still low, spike in mid-November

WASHINGTON: US claims for unemployment increased suddenly in mid-November, reversing most of the decline recorded the week before but remaining at a relatively low level, the Labor Department said Wednesday.

Published 23 Nov, 2016 03:41pm

Commodities

Robusta coffee dips on funds selling, sugar slightly lower

LONDON: Robusta coffee futures were lower on Wednesday as investors reduced long positions while trade and industry buying helped to limit losses.

Published 23 Nov, 2016 03:41pm

Business & Economy

FPCCI leader hails IDEAS-2016

KARACHI: Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Shaikh Khalid Tawab has congratulated Prime Minister Muhammad Nawaz Sharif, Chief of Army Staff General Raheel Shareef for successfully organizing 9th I

Published 23 Nov, 2016 03:39pm

General News

PIAF welcomes new companies ordinance

LAHORE: The Pakistan Industrial & Traders Associations Front (PIAF) on Wednesday hailed the government for taking action in controlling corruption by regulating offshore investments in view of promoting transparency and good governance.

Published 23 Nov, 2016 03:39pm

Industry

Rio Tinto agrees deal to sell Alcan Aluminium UK

LONDON: Rio Tinto said on Wednesday it had agreed to sell Alcan Aluminium UK to two members of energy and metals group GFG Alliance for $410 million as part of an effort to bolster its balance sheet.

Published 23 Nov, 2016 03:38pm

General News

Govt to overcome power shortage till 2018

LAHORE: Experts and analysts on Wednesday said the government was determined to overcome power shortage in the country and was making all-out efforts to resolve this issue till 2018.

Published 23 Nov, 2016 03:37pm

Business & Economy

Bullion Prices on Wednesday

KARACHI: Following were the Bullion Prices in Karachi,Multan and Lahore on Wednesday.

Published 23 Nov, 2016 03:35pm

General News

NAB directed to submit comments on Sharmila's petition by Dec 08

KARACHI: The Sindh High Court (SHC) directed the National Accountability Bureau (NAB) to submit replies on a petition field by Sharmila Farooqui, the former special assistant to CM Sindh, by December 08.

Published 23 Nov, 2016 03:34pm

Energy

African Petroleum pulls out of Liberia offshore blocks

ABIDJAN: West Africa-focused oil and gas company African Petroleum is pulling out of its two Liberian offshore prospecting licences after it failed to attract new partners, it said in a statement on Wednesday.

Published 23 Nov, 2016 03:34pm

Commodities

Soybeans slip from four-month high on pre-holiday selling

HAMBURG/SINGAPORE: Chicago soybean futures fell on Wednesday, pulling back from a new four-month high hit earlier in the day as traders squared positions in advance of the market closure for the US Thanksgiving holiday.

Published 23 Nov, 2016 03:33pm

World

Brazil inflation hits lowest for mid-November since 2007

BRASILIA: Consumer prices in Brazil rose in the month to mid-November at their slowest pace for the period since 2007, as food and apparel prices edged lower, government data showed on Wednesday.

Published 23 Nov, 2016 03:32pm

Industry

Airbus to fly biggest A350 in battle of big twinjets

PARIS: Airbus is preparing to stage the maiden flight of its largest twin-engined airplane, the A350-1000, stepping up a war for sales in a market segment dominated by US rival Boeing.

Published 23 Nov, 2016 03:27pm

Money & Banking

ECB seeks to lend out more bonds to avert market freeze: sources

FRANKFURT: The European Central Bank is looking for ways to lend out more of its huge pile of government debt to avert a freeze in the 5.

Published 23 Nov, 2016 03:24pm

Europe

Germany expects IMF to remain on board with Greek bailout

BERLIN: Germany expects the International Monetary Fund to stay on board in Greece's bailout programme to evaluate Athens' reform efforts, a Finance Ministry spokeswoman said on Wednesday.

Published 23 Nov, 2016 03:22pm

World

Azeri GDP seen up 1pc in 2017, 1.5pc in 2018

BAKU: Azerbaijan's economy is expected to grow by 1 percent next year and 1.

Published 23 Nov, 2016 03:21pm

Commodities

Japan bought 20,300 T wheat feed wheat in tender

HAMBURG: Japan's agriculture ministry purchased about 20,300 tonnes of feed wheat in a tender which closed on Tuesday, European traders said on Wednesday.

Published 23 Nov, 2016 03:19pm

Commodities

Copper retreats as post-US election rally falters

LONDON: Copper fell on Wednesday, snapping two days of gains on concerns that the recent price rally sparked by US president-elect Donald Trump's stated commitment to higher infrastructure spending had become overstretched.

Published 23 Nov, 2016 03:18pm

Energy

Sonangol delays payments as it battles to reform

LONDON: Angola's state oil company Sonangol has amassed hundreds of millions of dollars in debts and deferred payments to oil majors and contractors while its new chief, Isabel dos Santos, attempts to reform its operations.

Published 23 Nov, 2016 03:17pm

Europe

EU sanctions against Russia not effective but Finland backs them

HELSINKI: European Union's sanctions against Russia are ineffective and hamper Finland's economic recovery, but Helsinki is sticking to the bloc's common policy, a senior Finnish member of parliament said on Wednesday.

Published 23 Nov, 2016 03:15pm

Pakistan Top News

UK's Hammond says govt to cancel planned fuel duty rise

LONDON: The British government will cancel a planned fuel duty rise for the seventh successive year, finance minister Philip Hammond said on Wednesday.

Published 23 Nov, 2016 03:14pm

Energy

Oil prices ease on doubts OPEC-led cut will end glut

LONDON: Oil prices edged lower on Wednesday on investors' doubts that OPEC would agree a large enough production cut to significantly reduce the global surplus when it meets next week.

Published 23 Nov, 2016 03:13pm

Energy

Indian Oil plans $5.5bn expansion of refinery co-owned by Iran

NEW DELHI: An Indian Oil Corp unit plans to invest $5.

Published 23 Nov, 2016 03:12pm

Industry

Lufthansa pilots' strike wreaks havoc on flight schedule

BERLIN: Lufthansa pilots in Germany began a two-day strike on Wednesday, grounding some 1,800 flights at one of Europe's largest airlines in a long-running pay dispute.

Published 23 Nov, 2016 03:11pm

Energy

Libyan oil output down about 70,000 barrels to 523,000 bpd

TRIPOLI: Libya's oil production has dropped about 70,000 barrels to 523,000 barrels per day (bpd), mainly due to a power problem that is now fixed, the National Oil Corporation (NOC) said on Wednesday.

Published 23 Nov, 2016 03:10pm

Europe

Putin praises French presidential contender Fillon

MOSCOW: Russian President Vladimir Putin said on Wednesday he welcomed intentions to improve ties with Russia that have been voiced by contenders to be the French centre-right's presidential candidate.

Published 23 Nov, 2016 03:09pm

Europe

European parliament passes watered-down draft law on air pollution

STRASBOURG: The European Parliament passed a new draft law on air pollution on Wednesday that the European Commission and several members of parliament (MEPs) said was not enough to cut emissions to World Health Organization standards.

Published 23 Nov, 2016 03:09pm

Money & Banking

Monte dei Paschi CEO Morelli faces make-or-break fortnight

LONDON: Days before an Italian constitutional referendum that could spook investors, the new chief executive of Banca Monte dei Paschi di Siena faces a high-stakes test in his battle to save the world's oldest bank.

Published 23 Nov, 2016 03:01pm

Money & Banking

Irish central bank eases deposit rules for first-time buyers

DUBLIN: Ireland's central bank eased deposit rules for first-time house buyers on Wednesday and amended how lenders can grant exemptions following its first review of the tough regulations introduced last year to curb excessive lending.

Published 23 Nov, 2016 02:59pm

Commodities

Zimbabwe's gold, platinum output rise in first 9 months of 2016

HARARE: Zimbabwe recorded a 14 percent rise in gold production and a 20 percent rise in platinum output during the first nine months of this year despite weak commodity prices and cash shortages, the mining chamber said on Wednesday.

Published 23 Nov, 2016 02:58pm

Football

FIFA's Infantino wants video replays at 2018 World Cup

ROISSY: FIFA president Gianni Infantino is hoping video replays will be used at the 2018 World Cup in Russia to help referees avoid serious mistakes during the tournament.

Published 23 Nov, 2016 02:58pm

Front Top News

UK's budget office sees little impact on growth from Hammond plan

LONDON: Measures announced by British finance minister Philip Hammond on Wednesday in the government's first budget plans since the Brexit vote in June are likely to add only 0.

Published 23 Nov, 2016 02:56pm

Industry

Former Rosneft exec Kalanda joins Russia's Transneft

MOSCOW: A former senior manager at Russia's biggest oil producer Rosneft, Larisa Kalanda, has joined state oil pipeline monopoly Transneft as vice-president, Transneft said on Wednesday.

Published 23 Nov, 2016 02:55pm

Financial

Saudi lifts mood in regional markets; Egypt holds near 8 year peak

DUBAI: Saudi Arabia's index firmed on Wednesday as blue chips resumed their climb and the positive mood flowed into other Gulf bourses, carrying them higher.

Published 23 Nov, 2016 02:54pm

Commodities

Green Pool lowers 2016/17 global sugar deficit forecast

LONDON: The global sugar market faces a deficit in the 2016/17 season of 5.

Published 23 Nov, 2016 02:52pm

World Top News

Indian police arrest 11 people for trafficking babies in biscuit boxes

KOLKATA: Eleven people have been arrested in India on suspicion of duping single women into selling their newborn babies and trafficking the infants inside biscuit containers to an adoption centre to be sold on to childless couples, police said on Wednesd

Published 23 Nov, 2016 02:52pm

Industries & Sectors

Rs2.2bn approved for Chitral Hydel Power Station's capacity enhancement

ISLAMABAD: The government has approved a project worth Rs 2.

Published 23 Nov, 2016 02:51pm

Europe

Greece wants to conclude EU/IMF review, won't accept irrational demands: PM

ATHENS: Greece wants to conclude its bailout review but cannot accept what it sees as irrational demands on labour reform or for extra austerity, Prime Minister Alexis Tsipras said on Wednesday, in his first speech to lawmakers after a cabinet reshuffle.

Published 23 Nov, 2016 02:50pm

World

Kenya cuts 2017 growth outlook on slowing credit growth

NAIROBI: Kenya's economy is likely to expand by just over 6 percent next year, down from an initial forecast of 6.

Published 23 Nov, 2016 02:49pm

Europe

EU's Chapter 11 bankrupts Brexit assumptions

LONDON: Brussels wants to introduce protection for bust companies, similar to the US model.

Published 23 Nov, 2016 02:48pm

World

US durable goods report hints at pickup in business spending

WASHINGTON: New orders for US manufactured capital goods rebounded in October, driven by rising demand for machinery and a range of other equipment, pointing to a tentative pickup in business investment.

Published 23 Nov, 2016 02:47pm

Commodities

Gold slides to nine-month low as dollar rallies on US data

LONDON: Gold slid to a nine-month low on Wednesday as a buoyant dollar extended its rally on the back of strong US data that further cemented a case for increasing interest rates next month.

Published 23 Nov, 2016 02:46pm

World

Brazil austerity deal with states to face resistance: Moody's

BRASILIA: An austerity deal between the Brazilian federal and state governments is a positive first step to rebalance public accounts, but its implementation will face challenges at the state level, Moody's Investors Service analyst Paco Debonnaire sa

Published 23 Nov, 2016 02:45pm

World

British taxpayers face 27bn pound loss from bank bailout

LONDON: The British government said on Wednesday it faces an almost 27 billion pound ($33.

Published 23 Nov, 2016 02:44pm

World

Britain raises insurance premium tax to 12pc

LONDON: Britain will raise insurance premium tax by two percentage points to 12 percent from June 2017, finance minister Philip Hammond said in his budget statement on Wednesday, the third increase in less than two years.

Published 23 Nov, 2016 02:41pm

Commodities

CBOT Trends-Wheat down 5-7 cents, corn down 3-4, soy down 7-9

CHICAGO: Following are US trade expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.

Published 23 Nov, 2016 02:40pm

Europe

China top innovator with 1 million patent requests in year: UN

GENEVA: China is driving Asian-led growth in innovation worldwide, becoming the first country to file 1 million patent applications in a single year, the World Intellectual Property Organization (WIPO) said on Wednesday.

Published 23 Nov, 2016 02:38pm

General News

JETRO President extols Pakistan's economic progress

ISLAMABAD: President Japan External Trade Organization (JETRO) Yasushi Akahoshi has written a latter to Senator Mohammad Ishaq Dar, Minister for Finance in which he has acknowledged that the economic progress made by Pakistan provides confidence to Japane

Published 23 Nov, 2016 02:36pm

Business & Economy

Govt releases Rs816mn for petroleum development projects

ISLAMABAD: The government has released as many as Rs 816.

Published 23 Nov, 2016 02:33pm

Pakistan Top News

3 Pakistani soldiers martyred; 7 Indian troops killed

RAWALPINDI: As many as three Pakistani soldiers valiantly embraced shahadat at Line of Control (LoC) on Wednesday while responding to Indian unprovoked firing.

Published 23 Nov, 2016 02:16pm

Business & Economy

Rs100bn kisan package to inject tangible financial input into agriculture sector

BAHAWALPUR: Provincial Minister for Cooperative Malik Muhammad Iqbal Channar has said that government of Punjab's massive Kisan Package amounting to Rs 100 billion would inject tangible financial input into the agriculture sector which would revolutio

Published 23 Nov, 2016 02:13pm

Europe

Merkel 'not happy' Trump scrapping Pacific trade deal

BERLIN: German Chancellor Angela Merkel on Wednesday criticised plans by US President-elect Donald Trump to ditch a trans-Pacific trade deal, warning that future agreements will likely be worse.

Published 23 Nov, 2016 02:11pm

General News

FO terms story about committee misleading

ISLAMABAD: The Foreign Office spokesperson Wednesday said a news story appeared in a leading English daily tilted `New Committee to hammer out India Policy' created a misleading impression.

Published 23 Nov, 2016 02:11pm

General News

Sindh govt to bear expenditures of Cadet College's student treatment: Raza Rabbani

ISLAMABAD: Chairman Senate Mian Raza Rabbani Wednesday said the Chief Minister Sindh had assured that the provincial government would bear treatment expenditures of the student of Cadet College Larkana abroad if recommended by the medical board.

Published 23 Nov, 2016 02:06pm

Pakistan

Pakistan Urban Planning & Policy Center established for managing urban development: Senate told

ISLAMABAD: The Senate was informed on Wednesday that the ministry of Planning, Development and Reforms has established Pakistan Urban Planning & Policy Center in Islamabad for managing urban development in the country.

Published 23 Nov, 2016 02:04pm

Cricket

Azhar reveals Pakistan winning formula against NZ

ISLAMABAD: Pakistan bowling Coach Azhar Mahmood believes the green-shirts are good enough to come back hard in the Test series against New Zealand.

Published 23 Nov, 2016 02:04pm

General News

Bilawal condemns Indian firing on passenger bus

KARACHI: The Chairman of Pakistan People's Party (PPP) Bilawal Bhutto Zardari has strongly condemned firing by the Indian Army on a passenger bus at Line of Control (LOC) near Dhadhyal resulting in martyrdom of four innocent citizens and injuries to s

Published 23 Nov, 2016 02:01pm

General News

Education a key priority to protect country's future: Ahsan

ISLAMABAD: Federal Minister for Planning, Development and Reform Minister Ahsan said education was one of the key priority areas of the government to lead the country towards sustainable development and better future.

Published 23 Nov, 2016 02:00pm

General News

DC Larkana inaugurates anti-polio campaign in Larkana

LARKANA: The Deputy Commissioner Larkana Kahsif Ali Tipu on Wednesday inaugurated the four-day National Polio Campaign by administering Oral Police Vaccine (OPV) to the children upto five years of age at EPI Centre, Old DHO office Larkana city.

Published 23 Nov, 2016 01:58pm

Arts

Jamiluddin Aali's first death anniversary observed

KARACHI: The first death anniversary of prominent poet, writer and scholar, Jamiluddin Aali, was observed on Wednesday.

Published 23 Nov, 2016 01:56pm

General News

Cabinet approves increase in basic salaries of MPs: Dar

ISLAMABAD: Minister for Finance Mohammad Ishaq Dar Wednesday informed the Senate that the federal cabinet had approved increase in basic salaries of members of parliament (MPs) with effect from October 1, 2016.

Published 23 Nov, 2016 01:54pm

Pakistan Top News

Pakistan, Azerbaijan agree on early finalization of joint ventures in different sectors

KARACHI: President Mamnoon Hussain and First Deputy Prime Minister of Azerbaijan Yaqub Eyyubov on Wednesday agreed for early finalization of joint ventures in different sectors of economy for mutual benefit.

Published 23 Nov, 2016 01:53pm

Industries & Sectors

17 industrial economic zones costing Rs32.905bn to be linked with CPEC route

PESHAWAR: Khyber Pakthunkhwa Senior Minister Sikandar Hayat Khan Sherpao Wednesday appreciated the efforts of Khyber Pakhtunkhwa Economic Zone Development and Management Company( KPEZDMC) for their hectic efforts to boost-up Industrialization activities i

Published 23 Nov, 2016 01:53pm

Football

Spain prosecutors call for two-year jail for Neymar

MADRID: Spanish prosecutors recommended Wednesday that Barcelona's Brazilian star Neymar be handed a two-year jail sentence and a fine of 10 million euros ($10.

Published 23 Nov, 2016 01:49pm

Pakistan Top News

AJK President strongly condemns unprovoked Indian firing at various sectors on LoC

MIRPUR: President of Azad Jammu and Kashmir Sardar Masood Khan has strongly condemned the continued unprovoked Indian firing at various sectors on the Line of Control (LoC) in AJK including targeting a civilian vehicle in Neelum valley near Dhudnial causi

Published 23 Nov, 2016 01:48pm

Industries & Sectors

SC allows PEMRA to hold DTH bidding process

ISLAMABAD: The Supreme Court on Wednesday set aside the stay granted by the Lahore High Court against bidding for Direct To Home (DTH) license by Pakistan Electronic Media Regulatory Authority (PEMRA) and conditionally allowed the Authority to hold the bi

Published 23 Nov, 2016 01:47pm

General News

Ghazi Abdul Rasheed murder case adjourned till Dec 14

ISLAMABAD: A lower court of Islamabad Wednesday adjourned hearing of Ghazi Abdul Rasheed murder case till December 14.

Published 23 Nov, 2016 01:46pm

General News

Pak-America Business Opportunities Conference in April 2017

KARACHI: Pakistan, America Business Opportunities Conference will be organised here early next year.

Published 23 Nov, 2016 01:45pm

Pakistan Top News

India harmed SAARC forum: Sartaj

ISLAMABAD: Advisor to Prime Minister on Foreign Affairs Sartaj Aziz Wednesday said India had impaired the South Asian Association for Regional Cooperation (SAARC) forum with its unilateral decision of canceling a scheduled conference.

Published 23 Nov, 2016 01:42pm

Industries & Sectors

Govt taking steps to control shortage of natural gas

ISLAMBAD: The government is taking various steps to control the shortage of natural gas across the country through enhancement of indigenous gas production, import of liquefied natural gas (LPG), promotion of LPG air mix and import of the gas from Iran an

Published 23 Nov, 2016 01:40pm

General News

KP govt delegation to leave for China on Nov 30

PESHAWAR: An 11-member delegation of Khyber Pakhtunkhwa (KP) government would leave for Beijing on a five-day official visit on November 30, provincial government spokesman Mushtaq Ghani said Wednesday.

Published 23 Nov, 2016 01:37pm

General News

President praises Rangers' efforts for Karachi peace

KARACHI: President Mamnoon Hussain, praising the services of Pakistan Rangers Sindh for the restoration of peace in Karachi, said maintaining law and order in the city is government's top priority as it guarantees national progress and stability.

Published 23 Nov, 2016 01:28pm

Cricket

Wahab Pakistan's number one weapon against Aussies

Pakistan loses the first Test match against New Zealand, with the series in favor of the Kiwis, Pakistan is eyeing to make changes in the squad for the second Test match in Hamilton.

Published 23 Nov, 2016 01:23pm

Managed Funds

Etihad Airways sets spread for $1.25bn-$1.5bn sukuk sale

DUBAI: Etihad Airways has set the final spread for its five-year sukuk bond sale at 210 basis points over midswaps, according to a document released by the banks leading the transaction and seen by Reuters.

Published 23 Nov, 2016 12:28pm

Financial

German two-year bond yield at record low on scarcity fears

LONDON: Germany's two-year government bond yield hit a record low on Wednesday on expectations that the European Central Bank will extend its asset purchase programme beyond March 2017, exacerbating the scarcity of tradable bonds.

Published 23 Nov, 2016 12:14pm

Commodities

South Korea's KOCOPIA buys about 55,000 tonnes corn from US

HAMBURG: South Korea's Korea Corn Processing Industry Association (KOCOPIA) purchased about 55,000 tonnes of yellow corn which is likely to be sourced from the United States in a tender which closed on Wednesday, European traders said.

Published 23 Nov, 2016 12:12pm

Financial

Sterling inches lower before budget statement

LONDON: Sterling dipped by a quarter of a percent against the dollar and was marginally weaker against the euro on Wednesday ahead of a government budget statement expected to deliver only marginal additional support for an economy facing more Brexit-base

Published 23 Nov, 2016 12:11pm

Commodities

Thai prices gain on talks of Philippine demand

HANOI: Thai rice export prices rose this week on talks of possible demand from private Philippine firms, while prices in Vietnam hit seven-week lows due to thin demand, traders said on Wednesday.

Published 23 Nov, 2016 12:11pm

Commodities

Fortescue gets environmental approval for iron ore mine expansion

SYDNEY: Australia's environmental authorities on Wednesday cleared the way for the world's No.

Published 23 Nov, 2016 12:10pm

Energy

Oil prices capped by doubts OPEC-led cut will end glut

LONDON: Oil prices edged higher on Wednesday but gains were capped by investors' doubts that oil cartel OPEC would agree to a large enough production cut to significantly reduce the global surplus when it meets next week.

Published 23 Nov, 2016 12:07pm

Industry

UAE's Air Arabia confirms options for five Airbus A320s

DUBAI: Budget carrier Air Arabia , the United Arab Emirates' only publicly-listed airline, said on Wednesday it has confirmed options for five Airbus A320 jets.

Published 23 Nov, 2016 12:02pm

Commodities

Palm rises for 3rd session, aided by weaker ringgit

KUALA LUMPUR: Malaysian palm oil futures closed nearly 1 percent higher on Wednesday, posting their third straight session of gains, on the back of a weaker ringgit.

Published 23 Nov, 2016 12:01pm

Financial

Portugal 5-year borrowing costs rise in last auction of 2016

LISBON: Portugal's five-year borrowing costs rose on Wednesday in the last bond auction of the year following a wider sell-off in the global bond market in the aftermath of the US presidential election.

Published 23 Nov, 2016 12:00pm

Money & Banking

Hungary cbank accepts HUF 400bn in 3mo deposits from banks

BUDAPEST: Hungary's central bank accepted deposits worth 400 billion forints ($1.

Published 23 Nov, 2016 11:54am

Money & Banking

Monte dei Paschi expects results of ECB loan book probe next year

MILAN: Banca Monte dei Paschi di Siena said on Wednesday the results of a European Central Bank inspection of its loan book will not be published until after it has tried to raise billions of euros from investors to keep afloat.

Published 23 Nov, 2016 11:52am

Energy

Thailand ups long-term LNG imports due to coal plant delays

BANGKOK: Thailand is increasing its planned long-term imports of liquefied natural gas (LNG) to meet rising demand after delays to the construction of coal-fired power plants, a senior official at energy ministry said on Wednesday.

Published 23 Nov, 2016 11:52am

World

Ghana producer inflation rises to 9.8pc in October

ACCRA: Ghana's producer price inflation rose to 9.

Published 23 Nov, 2016 11:49am

Managed Funds

Saudi long bond shines in volatility after Trump win

DUBAI: Saudi Arabia's 30-year bonds are outperforming other Gulf debt during volatility triggered by Donald Trump's election as US president, a sign of unsatisfied demand for Saudi debt and a good omen for issuance expected from Riyadh next year.

Published 23 Nov, 2016 11:49am

Pakistan Top News

RECORDER REPORT-PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Wednesday having 42901.

Published 23 Nov, 2016 11:18am

Commodities

TOCOM extends gain to hit 17-month high on Shanghai rally

TOKYO: Benchmark Tokyo rubber futures rose to 17-month highs on Tuesday, extending gains into a second session, led by a surge in Shanghai futures on speculative buying while firmer oil prices also lent support.

Published 23 Nov, 2016 11:14am

Financial

Euro zone bond yields rise on report ECB will act to reduce scarcity

LONDON: Germany's two-year bond yields rose on Wednesday after a report that the European Central Bank is looking to lend out more bonds to avert a market freeze.

Published 23 Nov, 2016 11:13am

Markets

Market rates of bullion in Lahore

LAHORE: Following bullion rates were received from markets here on Wednesday 2016:%DULLION (PER 10 GRAM)%D%A=====================%D%AGOLD TEZABI-24 CT------43381.

Published 23 Nov, 2016 11:08am

Markets

8.78mn cotton bales arrive in market

ISLAMABAD: The Senate Standing Committee on National Food Security and Research (NFSR) Wednesday informed that as of November 15, total cotton arrived in the market was recorded at 8.

Published 23 Nov, 2016 11:07am

Business & Economy

Shipping activity at Port Qasim

KARACHI: Four ships MSC Al-Ghero, Bunga Allium, Sea Delta and Maria-III carrying Containers, palm oil, chemicals and LPG were arranged berthing at Qasim International container Terminal, Liquid cargo terminal, Engro Vopak terminal and SSGC LPG Terminal re

Published 23 Nov, 2016 11:06am

Cricket

Test defeat takes toll on Pakistani rankings

Pakistan defeat in the first Test match against New Zealand at Christchurch, has taken a toll on the rankings of Pakistani players in the latest ICC Test Rankings.

Published 23 Nov, 2016 11:04am

Arts

Bill Gates developing stink free toilets

The worlds richest man Bill Gates is funding development of an odour-blocking perfume for toilets as part of an ambitious project to develop stink-free toilets and improve poor sanitation across India and Africa.

Published 23 Nov, 2016 10:27am

Cricket

Pakistan can come back hard in second test against NZ

ISLAMABAD: Pakistan bowling Coach Azhar Mahmood believes the green-shirts are good enough to come back hard in the Test series against New Zealand.

Published 23 Nov, 2016 09:54am

World Top News

PM hosts farewell reception for outgoing CJCSC

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif, Wednesday hosted a farewell reception for the outgoing Chairman Joint Chief of Staff Committee General Rashad Mahmood here at the PM House.

Published 23 Nov, 2016 09:50am

General News

Senate session starts

ISLAMABAD: The session of Senate started here Wednesday at 02:00 pm with recitation from the Holy Quran.

Published 23 Nov, 2016 09:47am

Markets

Market rates of bullion in Multan

MULTAN: Following bullion rates were received from markets here on Wednesday, 2016.

Published 23 Nov, 2016 09:46am

Cricket

Smith upbeat over start-from-scratch Aussies

ADELAIDE: Skipper Steve Smith on Wednesday insisted he was excited rather than daunted as a drastically reshaped Australia look to avoid their first ever home Test series whitewash against rampant South Africa.

Published 23 Nov, 2016 09:44am

Sports

Fowler and Walker target 25th World Cup for US

MELBOURNE: Rickie Fowler and Jimmy Walker are targeting a record 25th World Cup for the US and thwarting Australia's search for back-to-back successes in Melbourne this week.

Published 23 Nov, 2016 09:43am

Financial

Hong Kong stocks end flat

HONG KONG: Hong Kong stocks gave up early gains to snap a three-day rally and end Wednesday slightly lower, with energy firms falling in line with oil prices.

Published 23 Nov, 2016 09:38am

Financial

European stocks climb at open; before British budget

LONDON: European stock markets rose at the open Wednesday, with London's benchmark FTSE 100 index up 0.

Published 23 Nov, 2016 09:32am

Financial

Most Asia markets extend gains after Wall St surge

HONG KONG: Most Asian markets rose again Wednesday, tracking a record close on Wall Street, while the dollar held onto its gains against the yen on expectations of a US interest rate rise.

Published 23 Nov, 2016 09:31am

Cricket

West Indies elect to bowl against Sri Lanka

BULAWAYO: The West Indies won the toss and elected to bowl first in Wednesday's one-day international against Sri Lanka as the two sides eye qualification for the triangular series final.

Published 23 Nov, 2016 09:24am

World

Eurozone business activity points to solid growth: survey

BRUSSELS: Eurozone business activity picked up strongly in November to a 11-month high, with Germany powering the economy in Europe, a closely-watched survey showed Wednesday.

Published 23 Nov, 2016 09:23am

World

Eurozone business activity points to solid growth: survey

BRUSSELS: Eurozone business activity picked up strongly in November to a 11-month high, with Germany powering the economy in Europe, a closely-watched survey showed Wednesday.

Published 23 Nov, 2016 09:22am

Life & Style

Shah Rukh Khan reveals his biggest dream ever

MUMBAI: Indian screen icon Shah Rukh Khan has starred in dozens of Bollywood blockbusters and is adored by millions, but there's a movie he still dreams of making -- one that's a truly global hit.

Published 23 Nov, 2016 08:54am

Cricket

Sharjeel, Rizwan in line for Misbahs replacement

After the departure of Pakistan Test captain Misbah ul Haq from the New Zealand tour, the Pakistani cricket team is looking for their skippers replacement, as the second Test match is set to begin in Hamilton on Friday.

Published 23 Nov, 2016 08:48am

Life & Style

Promo out; Hamza Ali Abbasi all set to talk politics on Bol TV

Pakistani actor Hamza Ali Abbasi who is known for his outspoken nature, is all set to host a TV show on Bol TV.

Published 23 Nov, 2016 08:44am

General News

Pakistan will become Polio free by the end 2016: UNICEF

ISLAMABAD: UNICEF Country Representative in Pakistan, Angela Kearney said on Wednesday that through coordinated and collaborative efforts of the international organisations and the government of Pakistan, polio will be eradicated from the country by the e

Published 23 Nov, 2016 08:42am

General News

PM chairs cabinet meeting

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif, Wednesday chaired the meeting of the federal cabinet to discuss the 16-point agenda.

Published 23 Nov, 2016 08:41am

Business & Economy

Textile exports witness mild growth in October

ISLAMABAD: The textile exports from the country witnessed positive growth of 0.

Published 23 Nov, 2016 08:41am

General News

Rangers recover huge quantity of arms, ammunition

KARACHI: Pakistan Rangers Sindh on Wednesday recovered a large quantity of arms and ammunition from a house, during a raid in Gadap Town area of metropolis.

Published 23 Nov, 2016 08:39am

Front Top News

Pakistan's role important for peace in region: Maleeha Lodhi

Pakistans permanent representative in United Nations (UN) Dr Maleeha Lodhi expressed on Tuesday that Pakistan is willing to share anti-terrorism experience with other countries.

Published 23 Nov, 2016 08:38am

General News

Bilawal Bhutto condemns Indian firing on passenger bus

KARACHI: Chairman Pakistan Peoples Party Bilawal Bhutto Zardari has strongly condemned firing by Indian Army on a passenger bus at Line of Control in Neelum Valley resulting in martyrdom of four innocent citizens and injuries to seven others.

Published 23 Nov, 2016 08:36am

Financial

Australia, NZ dollars buoyed by commodities, carry trades

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged up on Wednesday as less volatile markets, rising equities and bubbly commodities underpinned sentiment for carry trades.

Published 23 Nov, 2016 08:35am

Financial

Dollar clings near 13-1/2-year high, pauses after rally

SINGAPORE: The dollar hovered near a recent 13 1/2-year peak on Wednesday, taking a breather after surging on expectations that U.

Published 23 Nov, 2016 08:34am

Financial

US rate hike views enfeeble Asia FX; ringgit nears 14-month low

SINGAPORE: Most emerging Asian currencies eased on Wednesday as the dollar hovered around a 13-1/2-year peak and as expectations grew that the Federal Reserve may raise interest rates further next year after an expected hike in December.

Published 23 Nov, 2016 08:33am

Commodities

Soybeans up for fifth session on strong Chinese demand

SINGAPORE: Chicago soybean futures rose for a fifth consecutive session on Wednesday, hitting their highest in four months, buoyed by strong Chinese demand for US shipments.

Published 23 Nov, 2016 08:31am

Financial

China, Hong Kong shares catch ride from Wall Street, Trump's TPP stance

SHANGHAI: China stocks and Hong Kong shares climbed on Wednesday, helped by Wall Street's record run, and a perception that the United States likely withdrawal from an Asia-Pacific free trade area would allow China to play a bigger role in the region.

Published 23 Nov, 2016 08:30am

Financial

Asia stocks share some Wall St joy, US yields a drag

SYDNEY: Asian stocks bounced to one-week highs on Wednesday as investors tried to share in the exuberance of Wall Street's record run, while lofty U.

Published 23 Nov, 2016 08:29am

Financial

China's offshore yuan hits record low as signs of capital flight rattle traders

SHANGHAI: China's yuan weakened in a volatile morning session on Wednesday, with the offshore yuan falling to a record-low as traders grappled with signs of accelerating capital outflows in the wake of Republican Donald Trump's US election win.

Published 23 Nov, 2016 08:28am

Commodities

Bangladesh tea prices dip at auction on poor quality

DHAKA: Tea prices in Bangladesh fell about 2 percent at the weekly auction on Tuesday due to higher supplies of inferior grade leaf, but strong demand for quality leaf capped any further decline.

Published 23 Nov, 2016 08:26am

Commodities

Palm heads for 3rd session of gains on weaker ringgit

KUALA LUMPUR: Malaysian palm oil futures rose 1 percent in first-half trade on Wednesday, heading for their third straight session of gains, on the back of a weaker ringgit.

Published 23 Nov, 2016 08:25am

Financial

Sri Lankan rupee edges down on importer dollar demand; stocks up

COLOMBO: The Sri Lankan rupee fell slightly on Wednesday due to dollar demand from importers on fears that U.

Published 23 Nov, 2016 08:20am

Cricket

NZ batsman Taylor to face Pakistan prior to eye surgery

WELLINGTON: New Zealand's Ross Taylor has passed an eye test and will be available to face Pakistan but the batsman plans to undergo surgery on a benign growth of the conjunctiva after the match and faces six weeks on the sidelines.

Published 23 Nov, 2016 08:19am

Cricket

India women to forfeit Pakistan matches: ICC

MUMBAI: India have forfeited three matches of the International Cricket Council Women's Championship for failing to play scheduled fixtures against Pakistan amid ongoing political tension between the South Asian rivals.

Published 23 Nov, 2016 08:17am

Cricket

India women to forfeit Pakistan matches: ICC

MUMBAI: India have forfeited three matches of the International Cricket Council Women's Championship for failing to play scheduled fixtures against Pakistan amid ongoing political tension between the South Asian rivals.

Published 23 Nov, 2016 08:16am

Commodities

Indonesia 2017 wheat imports set to rise on corn restrictions

JAKARTA: Indonesia's imports of wheat for animal feed could jump by about 36 percent to 3 million tonnes in 2017, an industry association said, if the government pushes forward with efforts to restrict corn imports.

Published 23 Nov, 2016 08:12am

Energy

Oil prices fall on renewed doubts over OPEC-led production cut

SINGAPORE: Oil prices fell in Asian trade on Wednesday, reversing earlier gains, as doubts re-emerged over whether OPEC would agree to a crude oil production cut at a ministerial meeting next week.

Published 23 Nov, 2016 08:12am

Money & Banking

Malaysia central bank holds policy interest rate at 3pc

KUALA LUMPUR: Malaysia's central bank kept its benchmark rate at 3.

Published 23 Nov, 2016 08:10am

Commodities

London copper holds gains on inflation signs

SYDNEY: London copper was little changed in Asian trade on Wednesday after overnight gains on signs of rising U.

Published 23 Nov, 2016 08:09am

Front Top News

LoC violation: Nine martyred by Indian shelling

MUZAFFARABAD: Indian shelling across the frontier into Azad Kashmir hit a bus, killing at least nine people and wounding 11, Pakistani officials said.

Published 23 Nov, 2016 08:08am

Cricket

ICC penalize India, rules in favor of Pakistan

The International Cricket Council (ICC) ruled out in favor of Pakistan on Wednesday, after the ICC Technical Committee has ruled that the India Womens team is deemed to have forfeited each of the three matches it planned against Pakistan, in the Round 6 o

Published 23 Nov, 2016 07:55am

Europe

Erdogan says EU lawmakers' vote on Turkish membership has no value

ISTANBUL: Turkish President Tayyip Erdogan said on Wednesday that a vote by the European Parliament on whether to halt EU membership talks with Ankara "has no value in our eyes" and again accused Europe of siding with terrorist organisations.

Published 23 Nov, 2016 07:42am

Middle East

Twelve Yemeni civilians killed in Saudi-led air strike

SANAA: Twelve Yemeni civilians were killed by a Saudi-led air strike while riding in a pickup truck in the country's northwest early on Wednesday, residents said.

Published 23 Nov, 2016 07:36am

Middle East

Twelve Yemeni civilians killed in Saudi-led air strike

SANAA: Twelve Yemeni civilians were killed by a Saudi-led air strike while riding in a pickup truck in the country's northwest early on Wednesday, residents said.

Published 23 Nov, 2016 07:35am

Managed Funds

Germany's two-year bond yield hits record low on scarcity fears

LONDON: Germany's two-year government bond yield hit a fresh record low on Wednesday on expectations that the European Central Bank will extend its asset purchase programme beyond March 2017 and exacerbate a scarcity of tradable debt in the market.

Published 23 Nov, 2016 07:34am

Front Top News

RECORDER REPORT: PSX mid day update

KARACHI: On Wednesday, until mid day, KSE-100 Index was at 42716.

Published 23 Nov, 2016 07:30am

Life & Style

'Lahore Se Aagey' fails to create the same impression as 'Karachi Se Lahore'

The release of Lahore Se Aagey came as a breath of fresh air for cinemagoers as the Pakistani audience was waiting for something exciting after the ban on Bollywood films.

Published 23 Nov, 2016 07:00am

Industry

Lufthansa cancels nearly 900 flights over pilot strike

FRANKFURT AM MAIN: Germany's flagship carrier Lufthansa said it would cancel nearly 900 flights on Wednesday because of a strike by pilots, causing travel disruption for tens of thousands of passengers in the latest escalation of a long-simmering pay

Published 23 Nov, 2016 06:56am

Financial

Asia markets build on gains after Wall Street record

HONG KONG: Asian markets rose again Wednesday tracking another record close on Wall Street, while the dollar extended its march against the yen on expectations of a US interest rate hike.

Published 23 Nov, 2016 06:55am

North America

Wooing press, Trump softens climate stance

WASHINGTON: Donald Trump signaled Tuesday his campaign trail dismissal of the threat of climate change may have been hot air after all, saying he was "open minded" on supporting global accords.

Published 23 Nov, 2016 06:53am

Football

Montreal edges Toronto to open MLS semi-finalss

MONTREAL: A second-half goal by Cameroon defender Ambroise Oyongo gave the Montreal Impact a 3-2 victory over Toronto FC Tuesday in the first leg of their Major League Soccer semi-final playoff matchup.

Published 23 Nov, 2016 06:52am

Financial

Hong Kong stocks end morning higher

HONG KONG: Hong Kong stocks headed for a fourth successive gain Wednesday, tracking a record close on Wall Street on hopes Donald Trump's big-spending plans will kickstart the US economy.

Published 23 Nov, 2016 06:50am

Currency	Rate
USD PKR Interbank Selling / Jun 12	278.52
USD PKR Interbank Buying / Jun 12	278.32
USD to Japanese Yen / Jun 12	160.24
USD to Swiss Franc / Jun 12	0.80
Pound Sterling to USD / Jun 12	1.34
Euro to USD / Jun 12	1.16
SOFR % / Jun 12	3.63

Stock	Volume
S&P 500 / Jun 12	7,431.46
India Sensex / Jun 12	75,527.95
Nasdaq / Jun 12	25,888.84
FTSE 100 / Jun 12	10,471.72
Dow Jones / Jun 12	51,202.26
Germany DAX 30 / Jun 12	24,635.30
France CAC40 / Jun 12	8,350.87
Tokyo Nikkei / Jun 15	69,593.64
Hang Seng / Jun 15	24,816.13

Item	Value
Crude Oil USD/Barrel / Jun 12	84.88
Karachi Cotton PKR/37.32 KG / Jun 12	21,780
Gold 10 Grams PKR / Jun 12	375,947
Gold Spot USD/Ounce / Jun 12	4,219.33
Cotton US¢/pound / Jun 12	76.42
Petrol/Litre / Jun 15	373.78
Diesel/Litre / Jun 15	378.78

Stock	Price
Arctic Textile / Jun 12 Arctic Textile Mills Limited(ARCTM)	33.75 ▲ 3.07 (10.01%)
Zephyr Textile / Jun 12 Zephyr Textiles Limited(ZTL)	20.45 ▲ 1.86 (10.01%)
AN Textile Mills / Jun 12 AN Textile Mills Limited(ANTM)	37.02 ▲ 3.37 (10.01%)
Elahi Cotton / Jun 12 Elahi Cotton Mills Limited(ELCM)	285.76 ▲ 25.98 (10%)
National Silk / Jun 12 The National Silk & Rayon Mills Limited(NSRM)	161.26 ▲ 14.66 (10%)
Pak. P.V.C. / Jun 12 Pakistan PVC Limited(PPVC)	28.59 ▲ 2.6 (10%)
Int. Knit. / Jun 12 International Knitwear Limited(INKL)	92.20 ▲ 8.38 (10%)
Siddiqsons Tin / Jun 12 Siddiqsons Tin Plate Limited(STPL)	8.44 ▲ 0.73 (9.47%)
IGI Holdings / Jun 12 IGI Holdings Limited(IGIHL)	284.15 ▲ 23.93 (9.2%)
Leiner Pak Gelat / Jun 12 Leiner Pak Gelatine Limited(LPGL)	100.33 ▲ 8.38 (9.11%)

Stock	Price
Idrees Tex. / Jun 12 Idrees Textile Mills Limited(IDRT)	50.10 ▼ -5.57 (-10.01%)
Kohat Textile / Jun 12 Kohat Textile Mills Limited(KOHTM)	121.46 ▼ -13.49 (-10%)
Pak Agro Pack. (GEM) / Jun 12 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9.45 ▼ -1 (-9.57%)
Pak Qatar Family / Jun 12 Pak Qatar Family Takaful Limited(PAKQATAR)	22.19 ▼ -2.28 (-9.32%)
ARM Green Industries / Jun 12 ARM Green Industries Limited(ARMG)	46.40 ▼ -4.77 (-9.32%)
Power Cem(Pref) / Jun 12 Power Cement (Pref)(POWERPS)	23.80 ▼ -2.36 (-9.02%)
East West Ins. / Jun 12 East West Insurance Company Limited(EWIC)	48.54 ▼ -4.42 (-8.35%)
Unicap Modaraba / Jun 12 Unicap Modaraba(UCAPM)	5.20 ▼ -0.45 (-7.96%)
Pak Qatar Gen.Takaful / Jun 12 Pak Qatar General Takaful Limited(PQGTL)	15.42 ▼ -1.33 (-7.94%)
Oilboy Energy / Jun 12 Oilboy Energy Limited(OBOY)	20.42 ▼ -1.72 (-7.77%)

Stock	Volume
Kohinoor Spinning / Jun 12 Kohinoor Spinning Mills Limited(KOSM)	57,747,470 ▲ 0.15
B.O.Punjab / Jun 12 The Bank of Punjab(BOP)	52,924,034 ▲ 0.93
Sitara Petroleum Service / Jun 12 Sitara Petroleum Service Limited(SPSL)	52,648,271 ▲ 0.45
WorldCall Telecom / Jun 12 Worldcall Telecom Limited(WTL)	40,511,471 ▲ 0
Maple Leaf Cement / Jun 12 Maple Leaf Cement Factory Limited(MLCF)	35,896,472 ▲ 4.01
Oilboy Energy / Jun 12 Oilboy Energy Limited(OBOY)	33,427,696 ▼ -1.72
F. Nat.Equities / Jun 12 First National Equities Limited(FNEL)	28,855,016 ▼ -0.02
TPL Corp Ltd / Jun 12 TPL Corp Limited(TPL)	25,681,007 ▼ -0.82
Pak Int.Bulk / Jun 12 Pakistan International Bulk Terminal(PIBTL)	24,755,100 ▲ 0.24
Waves Home Appliances / Jun 12 Waves Home Appliances Limited(WAVESAPP)	20,120,122 ▲ 0.31