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Archive - 2016-12-03
China coal mine blasts kill 38
Asia

China coal mine blasts kill 38

BEIJING: At least 38 people were killed in two separate Chinese coal mine blasts this week, according to death tolls rep
Published 03 Dec, 2016 12:40pm
ICMS Senior Ranking Women Squash enters into quarters

ICMS Senior Ranking Women Squash enters into quarters

Pakistan No 1 Samar Anjum of Pakistan Wapda, Faiza Zafar of Sindh, Muqqadas Ashraf of Wapda, Amina Fayyaz of Punjab, Komal Khan of Wapda, Riffat Khan of Wapda, Amina Latif of Punjab and Saima Shoukat of Wapda took berth into the quarter-finals after secur
Published 03 Dec, 2016 12:00am
Drogba Foundation cleared after charity probe

Drogba Foundation cleared after charity probe

Didier Drogba's charity foundation to help causes in Africa has been cleared following an investigation into "serious regulatory concerns". The Charity Commission launched a probe into the Didier Drogba Foundation earlier this year after the Daily Mail cl
Published 03 Dec, 2016 12:00am
Adidas ends sponsorship of doping-tainted IAAF

Adidas ends sponsorship of doping-tainted IAAF

Sportswear giant Adidas on Friday ended its sponsorship of the IAAF in the wake of doping and corruption scandals that have rocked track and field. Adidas' 11-year sponsorship deal with the International Association of Athletics Federations (IAAF) was set
Published 03 Dec, 2016 12:00am
Two matches decided in Rafi Alam Memorial Polo Cup

Two matches decided in Rafi Alam Memorial Polo Cup

Guard Group/Newage and Barry's qualified for the main final of the Lieutenant General Shah Rafi Alam Memorial Polo Cup 2016 here at the Lahore Polo Club (LPC) ground on Friday. In the first match of the day, although Allied Bank outran Guard Group/Newage
Published 03 Dec, 2016 12:00am
Root backs 'brilliant' Cook to remain captain

Root backs 'brilliant' Cook to remain captain

Batsman Joe Root has backed Alastair Cook to remain as England skipper, hailing him as a "brilliant leader" despite the team's woes on their current tour of India. Root, widely tipped to succeed Cook when the veteran skipper does make way, played down tal
Published 03 Dec, 2016 12:00am
FIFA nominates Ronaldo, Messi, Griezmann for best of 2016

FIFA nominates Ronaldo, Messi, Griezmann for best of 2016

FIFA on Friday said it had nominated Cristiano Ronaldo, Lionel Messi and Antoine Griezmann to battle it out for the accolade of world player of the year. Real Madrid star Ronaldo is favourite for the crown after winning the Champions League and also Euro
Published 03 Dec, 2016 12:00am
Ex-Chelsea player claims club 'paid for silence on abuse'

Ex-Chelsea player claims club 'paid for silence on abuse'

A former Chelsea player has claimed he was paid £50,000 ($63,000) by the Premier League club not to go public about allegations that he was sexually abused by its former chief scout. Gary Johnson, 57, told The Mirror on Friday that he had been abused as a
Published 03 Dec, 2016 12:00am
Congo Republic lowers royalties under new oil code

Congo Republic lowers royalties under new oil code

Congo Republic has lowered oil and gas royalty rates under a new petroleum code approved by parliament as part of efforts to encourage investment in new exploration, an oil ministry official said on Friday. Under the new law, oil royalties are being reduc
Published 03 Dec, 2016 12:00am
Gold rises in Europe

Gold rises in Europe

Gold edged higher on Friday, shrugging off data showing rising US job numbers, with analysts saying that an expected rise in interest rates had already been priced in. US employers boosted hiring in November, pushing down the unemployment rate to a more t
Published 03 Dec, 2016 12:00am
Gold rises in Asia

Gold rises in Asia

Gold recovered from its lowest since early February on Friday as the dollar drifted lower ahead of US jobs data, but is still on track for a fourth consecutive weekly decline. Spot gold was up 0.2 percent at $1,173.59 an ounce by 0612 GMT. The metal fell
Published 03 Dec, 2016 12:00am
Gold hits 10-month low in New York

Gold hits 10-month low in New York

Gold hit its lowest since February on Thursday, extending losses after its biggest monthly decline in more than three years, as a surge in oil prices boosted bond yields, denting interest in non-yielding gold as an alternative investment. Bullion steadied
Published 03 Dec, 2016 12:00am
New York cocoa at 2013 low, raw sugar at 4-month trough

New York cocoa at 2013 low, raw sugar at 4-month trough

New York cocoa futures on ICE fell to the lowest since 2013 on Friday, while the London market dropped to a 1-1/2-year low as funds increased their short positions amid expectations for ample global supplies, dealers said. Raw sugar futures sank to a four
Published 03 Dec, 2016 12:00am
Malaysian palm oil hits four-year high before easing
Currency

Malaysian palm oil hits four-year high before easing

Malaysian palm futures hit their highest in more than four years on Friday before easing to close in negative territory on weakness in related oils and a stronger ringgit. Palm oil prices often track the movements of related vegetable oils, such as soyaoi
Published 03 Dec, 2016 12:00am
Tokyo rubber falls

Tokyo rubber falls

Benchmark Tokyo rubber futures ended down 2.2 percent on Friday as extended declines in Shanghai futures weighed on markets, while the yen's pullback from a nine-month trough against the dollar also hurt sentiment. "TOCOM followed Shanghai futures lower,
Published 03 Dec, 2016 12:00am
Zinc and lead drop to weekly lows; copper slips

Zinc and lead drop to weekly lows; copper slips

Zinc and lead slipped on Friday to their lowest levels in a week as investors prepared for possible shocks in Europe ahead of an Italian referendum and Austrian election. Italian Prime Minister Matteo Renzi has pledged to resign if voters reject constitut
Published 03 Dec, 2016 12:00am
Shanghai copper dips

Shanghai copper dips

The most-traded copper contract on the Shanghai Futures Exchange fell 0.77 percent to 46,630 yuan ($6,775) a tonne on Friday as traders unwound speculative positions on doubts that the post US election rally has much further to run, although losses were k
Published 03 Dec, 2016 12:00am
Cotton slips on speculator selling
Cotton

Cotton slips on speculator selling

Cotton futures fell for the seventh time in nine sessions on Thursday, by about 1 percent, on speculator selling as US weekly export sales declined. The sell-off followed the market's failure to repeat recent highs, said Keith Brown, principal at cotton b
Published 03 Dec, 2016 12:00am
Aussie, kiwi steady

Aussie, kiwi steady

The Australian and New Zealand dollars held steady on Friday as firm commodity prices and demand against the yen helped stave off pressure from their US counterpart. The Australian dollar was holding around $0.7410, pretty much where it started the week.
Published 03 Dec, 2016 12:00am
Sterling posts best run against euro in nine months
Currency

Sterling posts best run against euro in nine months

A broadly stronger sterling posted a fifth consecutive week of gains against the euro on Friday, its best run in nine months, as investors' fears over a "hard Brexit" that would see Britain lose access to the European Union's single market eased. The poun
Published 03 Dec, 2016 12:00am
Most emerging Asian currencies soar
Currency

Most emerging Asian currencies soar

Most emerging Asian currencies rose on Friday and were headed for weekly gains, with China's yuan to post the best week in more than four months, as the dollar dipped ahead of US non-farm payrolls data due later in the session. South Korea's won bucked th
Published 03 Dec, 2016 12:00am
Dollar slips; sterling strengthens in New York
Currency

Dollar slips; sterling strengthens in New York

The dollar fell on Thursday against a basket of currencies as traders booked gains following a solid November on bets of a stronger US economy under a Trump administration and on caution ahead of Friday's government payrolls report. The greenback weakened
Published 03 Dec, 2016 12:00am
Early trade in New York: Dollar slides across the board
Currency

Early trade in New York: Dollar slides across the board

The dollar fell across the board on Friday after posting gains the last three weeks as a solid, but not spectacular, US non-farm payrolls report spurred doubts about the path of rate increases next year. Analysts, however, said the dollar's weakness was j
Published 03 Dec, 2016 12:00am
Dollar dips in Europe before US jobs data; eyes on Italy's vote
Currency

Dollar dips in Europe before US jobs data; eyes on Italy's vote

The dollar was on course for its first weekly fall in four weeks against a basket of currencies on Friday after investors trimmed some bets against the euro on the run up to US jobs data and Italy's constitutional referendum. Positions on the euro have la
Published 03 Dec, 2016 12:00am
Dollar sags in Asia
Currency

Dollar sags in Asia

The dollar eased from a 9-1/2 month high against the yen on Friday, with investors cautious ahead of a looming US jobs report that could set the market's tone in coming days. The greenback was poised to end lower against a basket of currencies this week d
Published 03 Dec, 2016 12:00am
FTSE slips ahead of Italian referendum

FTSE slips ahead of Italian referendum

Britain's top share index edged downwards to a 2-week low on Friday as investors avoided risky bets heading into the weekend of Italy's constitutional referendum, with bank shares leading the declines. The bluechip FTSE 100 closed down 0.3 percent, taking
Published 03 Dec, 2016 12:00am
Southeast Asian stocks largely subdued

Southeast Asian stocks largely subdued

Most Southeast Asian stock markets were largely subdued on Friday as investors remained cautious ahead of the US payrolls data later in the day. Nonfarm payrolls are expected to increase by 175,000 in November after rising 161,000 in October, according to
Published 03 Dec, 2016 12:00am
Hong Kong stocks drop

Hong Kong stocks drop

Hong Kong stocks fell the most in two weeks on Friday as investor anxiety over Italy's weekend referendum and US payroll data later in the day offset optimism over the Shenzhen-Hong Kong investment link set to go live on Monday. The Hang Seng index droppe
Published 03 Dec, 2016 12:00am
European shares snap three-week winning streak on Italian jitters

European shares snap three-week winning streak on Italian jitters

European shares ended weaker after slipping earlier on Friday to a three-week low as investors traded cautiously before a referendum on constitutional reform in Italy that could trigger fresh political uncertainty in the region. The STOXX 600 index closed
Published 03 Dec, 2016 12:00am
China's bluechip index down on falls in resources, but up for 8th week

China's bluechip index down on falls in resources, but up for 8th week

China's bluechip CSI300 Index advanced for the 8th straight week, although it fell on Friday and gains were capped by resources shares amid an extended pullback in commodities market. CSI300 fell 1.0 percent, to 3,528.95 points, while the Shanghai Composi
Published 03 Dec, 2016 12:00am
Indian shares fall

Indian shares fall

Indian shares ended down over 1 percent on Friday, resulting in a weekly loss, dragged by financials after the country raised the limit of bonds that can be issued under the market stabilisation scheme, while the sentiment was also subdued ahead of US pay
Published 03 Dec, 2016 12:00am
Sri Lankan shares at two-week high

Sri Lankan shares at two-week high

Sri Lankan shares rose for a second straight session on Friday to close at a two-week high as investors sought bargains in large-cap shares after the benchmark index hit a near-eight-month low earlier in the week. The Colombo stock index gained 0.26 perce
Published 03 Dec, 2016 12:00am
Treasury yields extend surge

Treasury yields extend surge

US Treasury yields surged on Thursday with benchmark yields touching their highest levels in roughly a year and a half on expectations that gains in oil prices and US President-elect Donald Trump's policies would fuel higher inflation. Brent crude prices
Published 03 Dec, 2016 12:00am
Treasury yields extend surge

Treasury yields extend surge

US Treasury yields surged on Thursday with benchmark yields touching their highest levels in roughly a year and a half on expectations that gains in oil prices and US President-elect Donald Trump's policies would fuel higher inflation. Brent crude prices
Published 03 Dec, 2016 12:00am
Nigerian stocks post biggest single-day rise in three months
Currency

Nigerian stocks post biggest single-day rise in three months

Nigeria stocks rose 2.28 percent in early trades, its biggest one-day rally in three months, after Opec agreed this week to cut crude oil output to rein in a global glut. Nigeria's stock market has fallen 11.8 percent this year as worries about a deepenin
Published 03 Dec, 2016 12:00am
S&P, Nasdaq dragged lower by tech; Dow hits record peak

S&P, Nasdaq dragged lower by tech; Dow hits record peak

A sharp decline in technology stocks pulled both the Nasdaq and the S&P 500 indexes into the red on Thursday, while the Dow managed to notch a record closing high with a lift from bank and energy shares. Declines in Facebook, off 2.8 percent at $115.14, a
Published 03 Dec, 2016 12:00am
Tokyo stocks down
Currency

Tokyo stocks down

Tokyo stocks closed lower Friday as investors grew cautious ahead of US jobs data and a weekend Italian referendum, with the benchmark index slipping off a 2016 high. The Nikkei 225 lost 0.47 percent, or 87.04 points, to end at 18,426.08, having chalked u
Published 03 Dec, 2016 12:00am
Australian, New Zealand shares slip

Australian, New Zealand shares slip

Financials and energy shares led losers as Australia's benchmark index closed lower on Friday, with investors awaiting US payrolls data for more clues to the strength of the US economy and whether conditions were ripe for raising interest rates. The S&P/A
Published 03 Dec, 2016 12:00am
UK firms looking to Ireland after Brexit: central bank

UK firms looking to Ireland after Brexit: central bank

Ireland's central bank has seen a "material increase" in UK-based financial firms considering a licence to operate in Ireland since the Brexit vote, its deputy governor Cyril Roux said Thursday. "Several" companies have already started the application pro
Published 03 Dec, 2016 12:00am
Scandal-hit Mitsubishi eyes tripling of director pay

Scandal-hit Mitsubishi eyes tripling of director pay

Mitsubishi Motors wants to triple its directors' pay as Nissan chief Carlos Ghosn gets set to take over as chairman at the automaker dented by a mileage-cheating scandal. In a notice dated November 29, Mitsubishi said it would put a "restructuring of our
Published 03 Dec, 2016 12:00am
Mongolia says bank bondholders will be repaid in full
Currency

Mongolia says bank bondholders will be repaid in full

Deve-lopment Bank of Mongolia bondholders can expect their debts to be repaid in full when they fall due next year, a senior finance official said on Friday, even as the state-backed bonds traded below par just three months before maturity.
Published 03 Dec, 2016 12:00am
Mongolia says bank bondholders will be repaid in full
Currency

Mongolia says bank bondholders will be repaid in full

Deve-lopment Bank of Mongolia bondholders can expect their debts to be repaid in full when they fall due next year, a senior finance official said on Friday, even as the state-backed bonds traded below par just three months before maturity.
Published 03 Dec, 2016 12:00am
EU on track to meet 2020 target for renewable energy

EU on track to meet 2020 target for renewable energy

EU countries are on track to meet their 2020 targets for renewable energy and emissions cuts but could fall short of ambitious longer-term goals, the European Environment Agency (EEA) said Thursday. "The EU's 2020 targets on energy and climate are now wel
Published 03 Dec, 2016 12:00am
Irish tax take rises to put deficit target in sight

Irish tax take rises to put deficit target in sight

Ireland collected 1.8 percent more tax than expected in the year to November, the Finance Ministry said on Friday, putting it closer to the target of cutting its budget deficit below one percent of GDP while funding extra spending. Ireland is relying on i
Published 03 Dec, 2016 12:00am
Solid growth in German manufacturing points to Q4 rebound

Solid growth in German manufacturing points to Q4 rebound

German manufacturing growth slowed slightly in November, but solid demand from domestic and foreign customers kept it robust overall, a survey showed on Thursday, suggesting that factories will contribute to a rebound in the fourth quarter. Markit's Purch
Published 03 Dec, 2016 12:00am
Japan Q3 corporate capex falls for first time in nearly 4 years

Japan Q3 corporate capex falls for first time in nearly 4 years

Japanese business expenditure fell in the third quarter, the first annual decline since the start of 2013, in a worrying sign that uncertainty over the economic outlook is eroding companies' confidence. The capital spending data, which is used to calculat
Published 03 Dec, 2016 12:00am
UK construction growth hits eight-month high, but costs balloon: Markit

UK construction growth hits eight-month high, but costs balloon: Markit

Growth in Britain's construction industry unexpectedly touched an eight-month high in November, but its costs rocketed at the fastest pace since 2011, fuelled by sterling's slump after the June vote to quit the European Union, a survey showed on Friday.
Published 03 Dec, 2016 12:00am
German car sales bounce back in November, boosting 2016 outlook

German car sales bounce back in November, boosting 2016 outlook

German car sales rose in November, recovering from an earlier dip and setting the stage for a strong end to the year, official data showed Friday. A total of 276,567 new cars were registered last month, up 1.5 percent on the same month last year, accordin
Published 03 Dec, 2016 12:00am
Eurozone producer price rise at four-year peak as energy jumps

Eurozone producer price rise at four-year peak as energy jumps

Eurozone industrial prices rose by their highest amount in more than four years in October as energy prices increased during the month, a positive sign for the European Central Bank in its fight against ultra-low inflation. The European Union's statistics
Published 03 Dec, 2016 12:00am
Canada adds jobs in November, central bank not seen changing rates

Canada adds jobs in November, central bank not seen changing rates

The Canadian economy added 10,700 jobs in November and the jobless rate fell to 6.8 percent, a performance analysts said was strong enough to ensure the Bank of Canada would keep interest rates unchanged next week. Statistics Canada said on Friday that fo
Published 03 Dec, 2016 12:00am
Taiwan indicts ex-head of bank linked to Panama Papers

Taiwan indicts ex-head of bank linked to Panama Papers

The former head of a Taiwanese bank linked to the Panama Papers and two aides have been indicted, prosecutors said Friday, the first suspects charged in a case that has shaken the island's financial sector. McKinney Tsai, ex-chairman of Mega International
Published 03 Dec, 2016 12:00am
US payrolls rise solidly; jobless rate at nine-year low

US payrolls rise solidly; jobless rate at nine-year low

US employers boosted hiring in November and the unemployment rate dropped to a more than nine-year low of 4.6 percent, making it almost certain that the Federal Reserve will raise interest rates later this month. Nonfarm payrolls increased by 178,000 jobs
Published 03 Dec, 2016 12:00am
Spain pledges to meet EU deficit target in 2018

Spain pledges to meet EU deficit target in 2018

Spain laid out its budget plans Friday, pledging to drop its deficit below a EU-stipulated three-percent limit after several failed attempts while also tackling unemployment. Finance Minister Cristobal Montoro outlined proposed tax rises to cut the defici
Published 03 Dec, 2016 12:00am
Asia's wealth industry booting out clients in costly clean-up

Asia's wealth industry booting out clients in costly clean-up

Thousands of clients are being booted out of bank accounts in Asia's wealth management industry, which is cleaning up after a money laundering scandal in Malaysia, the 'Panama Papers' expose, and a global push for tax transparency, bankers say. "For some
Published 03 Dec, 2016 12:00am
Russia says foreign spies plan cyber attack on banking system

Russia says foreign spies plan cyber attack on banking system

Russia said on Friday it had uncovered a plot by foreign spy agencies to sow chaos in Russia's banking system via a coordinated wave of cyber attacks and fake social media reports about banks going bust. Russia's domestic intelligence agency, the Federal
Published 03 Dec, 2016 12:00am
Sri Lanka bus drivers strike over fines

Sri Lanka bus drivers strike over fines

Sri Lanka's private bus operators and taxi drivers stopped work Friday to protest government plans of a 50-fold increase in traffic fines to curb the rising number of road accidents. About 6,000 privately-owned buses have gone on strike at the government'
Published 03 Dec, 2016 12:00am
Palm oil firmer on European vegoils market

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market firmed on Wednesday following soaring energy markets on news that Opec had finalised a deal to cut production. Palm oil was offered between $5 and $15 a tonne up from Tuesday. Malaysian palm oil futures close
Published 03 Dec, 2016 12:00am
Cotton market: prices firm on moderate trade
Cotton

Cotton market: prices firm on moderate trade

Firmness persisted on the cotton market on Friday as buyers remained in the forefront of buying spree to replenish their stock, dealers said. The official spot rate was unchanged at Rs 6300, dealers said. In Sindh, seed cotton prices were at Rs 2600-3300,
Published 03 Dec, 2016 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 203,255 tonnes of cargo comprising 167,241 tonnes of import cargo and 36,014 tonnes of export cargo including 6,346 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 167
Published 03 Dec, 2016 12:00am
US natural gas futures rise near two-year high

US natural gas futures rise near two-year high

US natural gas futures on Wednesday edged higher, almost touching Tuesday's near two-year high, on forecasts for colder weather and higher heating demand over the next two weeks. Front-month gas futures for January delivery on the New York Mercantile Exch
Published 03 Dec, 2016 12:00am
US FOB Gulf soyabean offers lower

US FOB Gulf soyabean offers lower

Export premiums for soyabeans shipped from the US Gulf Coast were lower on Wednesday as demand was moderate but competition from South American new-crop shipments intensified in the global marketplace, traders said. Some Brazilian soyabeans may be harvest
Published 03 Dec, 2016 12:00am
China's grain output to fall 2.5 percent in five years

China's grain output to fall 2.5 percent in five years

China's grain production will fall by 15 million tonnes, or about 2.5 percent, in the five years to 2020, as the government withdraws severely polluted or degraded farmland for rehabilitation, a state planner official said on Wednesday.
Published 03 Dec, 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 3,035. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 5.15 billion and the number of lots traded was 16,170. Major business was contributed by cr
Published 03 Dec, 2016 12:00am
Profound deficit!

Profound deficit!

Being a critic is a rather thankless job; invariably, however positively a review is articulated, from the subject writer's perspective the review will be deemed to be misconceived and fraught with literary and factual faux pas. And indeed a writer has ev
Published 03 Dec, 2016 12:00am
KARACHI CHRONICLE: A step forward

KARACHI CHRONICLE: A step forward

On Thursday, November 24, 2016 the Sindh Assembly unanimously passed into law a private bill - The Criminal Law (Protection of Minorities) Bill 2015, making forced conversion a punishable criminal act. It is a signal achievement but the question is: will
Published 03 Dec, 2016 12:00am
Fidel Castro's slow exit from the global political stage

Fidel Castro's slow exit from the global political stage

By the end of Fidel Castro's long life, what he actually said was not quite as important as the fact that he was still talking and writing, and therefore still alive. Years after he stepped down from power in communist Cuba, news of Castro almost always r
Published 03 Dec, 2016 12:00am
ART FACTS: Film - A powerful visual medium

ART FACTS: Film - A powerful visual medium

Film is considered as an important art form, it is not just a popular source of entertainment but also a powerful medium for educating or indoctrinating people. Therefore, making a film is an art and now-a-days it has taken a shape of an industry. Films r
Published 03 Dec, 2016 12:00am
Scientists develop skin patch with on-the-spot sweat monitor app

Scientists develop skin patch with on-the-spot sweat monitor app

Scientists in the United States have developed a flexible microfluidic device that easily sticks to the skin and measures sweat levels to show how the wearer's body is responding to exercise. The low-cost device, which can quickly analyse key elements suc
Published 03 Dec, 2016 12:00am
Sealed chamber brings wonders of nature to hospitalized kids

Sealed chamber brings wonders of nature to hospitalized kids

At North Carolina Children's Hospital, immune-compromised kids can experience the natural environment while getting around hospital rules - digging in dirt, poking into pitcher plants and observing other wonders of nature otherwise prohibited - thanks to
Published 03 Dec, 2016 12:00am
Overheated Arctic sign of climate change 'vicious circle'

Overheated Arctic sign of climate change 'vicious circle'

Freakishly high temperatures in the Arctic driven by heat-packed oceans and northward winds have been reinforced by a "vicious circle" of climate change, scientists said. Air above the Polar ice cap has been 9-12 degrees Celsius (16.2 to 21.6 degrees Fahr
Published 03 Dec, 2016 12:00am
The challenge of oral cancer

The challenge of oral cancer

An 'organized' corruption from top to bottom in the import and trade of betel nuts and other by-products is said to have triggered Oral Cavity Cancer (OCC) epidemic in Pakistan. Following the non-existence of any national level cancer registry programme,
Published 03 Dec, 2016 12:00am
The flavour of fresh vegetables

The flavour of fresh vegetables

It's December, the time of the year to setup kitchen garden of your own by utilizing backyard space, balcony, or kitchen windowsill. It is easy to start with growing herbs and leafy vegetables in containers or pots. Containers make it easier for you to co
Published 03 Dec, 2016 12:00am
Designer Tom Ford brings dark edge to 'Nocturnal Animals'

Designer Tom Ford brings dark edge to 'Nocturnal Animals'

The dark hues favored by fashion designer Tom Ford saturate his new movie, "Nocturnal Animals," a palette that fits a noir thriller exploring violence, revenge and divorce. The film is Ford's second as a director, following his acclaimed 2009 drama "A Sin
Published 03 Dec, 2016 12:00am
'Marathon' chronicles tough road back for Boston bombing victims

'Marathon' chronicles tough road back for Boston bombing victims

Three and a half years after the Boston Marathon bombing, many of the people who lost limbs in the attack are still struggling to heal their physical and emotional wounds. The first feature-length film about the April 15, 2013 attack and its aftermath, "M
Published 03 Dec, 2016 12:00am
A Minute With: Natalie Portman on taking on an icon in 'Jackie'

A Minute With: Natalie Portman on taking on an icon in 'Jackie'

A new film about Jacqueline Kennedy, one of the most photographed yet private women of the 20th century, attempts to get behind her mystique by blending factual events with imagination in the week after the 1963 assassination of her husband, President Joh
Published 03 Dec, 2016 12:00am
VR offers television producers 'Hollywood in a box'

VR offers television producers 'Hollywood in a box'

On a soundstage no bigger than a large bedroom a cameraman takes up various angles to film a helicopter that isn't there, landing in a field that isn't there either. Until recently, virtual reality was the preserve of the gaming crowd but producers say th
Published 03 Dec, 2016 12:00am
BRIDGE NOTES: One well worth remembering

BRIDGE NOTES: One well worth remembering

In Bridge, correct interpretation of opponent's strength and distribution is the key to successful dummy play - so often witnessed when an expert handles the delicate contract. To the less advanced player, this does not come easy and he has to fall back o
Published 03 Dec, 2016 12:00am
First 'Muslimah Fashion Show' in Tokyo

First 'Muslimah Fashion Show' in Tokyo

Models wearing an array of colorful hijabs walked down a Tokyo catwalk last Tuesday in what organizers said was the first such fashion show for Muslim women in Japan. Floral patterns were among the designs adorning long robe garments and matching headscar
Published 03 Dec, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 03 Dec, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 03 Dec, 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 03 Dec, 2016 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 03 Dec, 2016 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (December 02, 2016).

Published 03 Dec, 2016 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (December 02, 2016).

Published 03 Dec, 2016 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (December 02, 2016).
Published 03 Dec, 2016 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (December 02, 2016).

Published 03 Dec, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (December 02, 2016).

Published 03 Dec, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (December 02, 2016).

Published 03 Dec, 2016 12:00am
Congress passes Iran sanctions extension, bill goes to Obama

Congress passes Iran sanctions extension, bill goes to Obama

The US Senate on Thursday approved a 10-year extension of sanctions against Iran, a bipartisan measure that would have expired at year's end but now goes to President Barack Obama's desk. The Iran Sanctions Act passed the Senate 99-0, after easily clearin
Published 03 Dec, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (December 02, 2016).

Published 03 Dec, 2016 12:00am
Congress passes Iran sanctions extension, bill goes to Obama

Congress passes Iran sanctions extension, bill goes to Obama

The US Senate on Thursday approved a 10-year extension of sanctions against Iran, a bipartisan measure that would have expired at year's end but now goes to President Barack Obama's desk. The Iran Sanctions Act passed the Senate 99-0, after easily clearin
Published 03 Dec, 2016 12:00am
CoAS visits troops on LoC

CoAS visits troops on LoC

Chief of Army Staff General Qamar Javed Bajwa on Friday spent his day visiting Headquarters 10 Corps Rawalpindi and troops on forward locations on the Line of Control. He was briefed in detail about prevailing security situation at LoC in view of recent v
Published 03 Dec, 2016 12:00am
CoAS visits troops on LoC

CoAS visits troops on LoC

Chief of Army Staff General Qamar Javed Bajwa on Friday spent his day visiting Headquarters 10 Corps Rawalpindi and troops on forward locations on the Line of Control. He was briefed in detail about prevailing security situation at LoC in view of recent v
Published 03 Dec, 2016 12:00am
FBR wing initiates probe into suspicious dollar purchases
Currency

FBR wing initiates probe into suspicious dollar purchases

The Directorate of Intelligence & Investigation Inland Revenue Islamabad of the Federal Board of Revenue (FBR) has started investigations into the suspicious purchases of dollars from the market by undeclared sources of income. Sources said that the inves
Published 03 Dec, 2016 12:00am
FBR wing initiates probe into suspicious dollar purchases
Currency

FBR wing initiates probe into suspicious dollar purchases

The Directorate of Intelligence & Investigation Inland Revenue Islamabad of the Federal Board of Revenue (FBR) has started investigations into the suspicious purchases of dollars from the market by undeclared sources of income. Sources said that the inves
Published 03 Dec, 2016 12:00am
FBR wing initiates probe into suspicious dollar purchases
Currency

FBR wing initiates probe into suspicious dollar purchases

The Directorate of Intelligence & Investigation Inland Revenue Islamabad of the Federal Board of Revenue (FBR) has started investigations into the suspicious purchases of dollars from the market by undeclared sources of income. Sources said that the inves
Published 03 Dec, 2016 12:00am
Government to curb illegal movement of forex: Dar
Currency

Government to curb illegal movement of forex: Dar

Finance Minister Ishaq Dar has said the government would take more measures against the illegal movement of the foreign exchange and action against illegal currency exchange dealers would continue. Talking to mediapersons after having a meeting with the r
Published 03 Dec, 2016 12:00am
Government to curb illegal movement of forex: Dar
Currency

Government to curb illegal movement of forex: Dar

Finance Minister Ishaq Dar has said the government would take more measures against the illegal movement of the foreign exchange and action against illegal currency exchange dealers would continue. Talking to mediapersons after having a meeting with the r
Published 03 Dec, 2016 12:00am
Government to curb illegal movement of forex: Dar
Currency

Government to curb illegal movement of forex: Dar

Finance Minister Ishaq Dar has said the government would take more measures against the illegal movement of the foreign exchange and action against illegal currency exchange dealers would continue. Talking to mediapersons after having a meeting with the r
Published 03 Dec, 2016 12:00am
Public sector companies: government allowed to appoint, remove CEs

Public sector companies: government allowed to appoint, remove CEs

The Companies Ordinance, 2016 categorically gives power to the federal government to appoint and remove chief executives of public sector companies and the same was applicable previously as per relevant rules made under the repealed Companies Ordinance, 1
Published 03 Dec, 2016 12:00am
Public sector companies: government allowed to appoint, remove CEs

Public sector companies: government allowed to appoint, remove CEs

The Companies Ordinance, 2016 categorically gives power to the federal government to appoint and remove chief executives of public sector companies and the same was applicable previously as per relevant rules made under the repealed Companies Ordinance, 1
Published 03 Dec, 2016 12:00am
Public sector companies: government allowed to appoint, remove CEs

Public sector companies: government allowed to appoint, remove CEs

The Companies Ordinance, 2016 categorically gives power to the federal government to appoint and remove chief executives of public sector companies and the same was applicable previously as per relevant rules made under the repealed Companies Ordinance, 1
Published 03 Dec, 2016 12:00am
Registration of companies begins under new law: SECP chief

Registration of companies begins under new law: SECP chief

Securities and Exchange Commission of Pakistan (SECP) Chairman Zafar Hijazi has said that Companies Ordinance 2016 is the law of the land and registration of companies has been started under the new law. Responding to a query on present legal status of th
Published 03 Dec, 2016 12:00am
Registration of companies begins under new law: SECP chief

Registration of companies begins under new law: SECP chief

Securities and Exchange Commission of Pakistan (SECP) Chairman Zafar Hijazi has said that Companies Ordinance 2016 is the law of the land and registration of companies has been started under the new law. Responding to a query on present legal status of th
Published 03 Dec, 2016 12:00am
Registration of companies begins under new law: SECP chief

Registration of companies begins under new law: SECP chief

Securities and Exchange Commission of Pakistan (SECP) Chairman Zafar Hijazi has said that Companies Ordinance 2016 is the law of the land and registration of companies has been started under the new law. Responding to a query on present legal status of th
Published 03 Dec, 2016 12:00am
Rising receivables: PSO on the verge of default again

Rising receivables: PSO on the verge of default again

Pakistan State Oil (PSO) is reportedly again on the verge of default due to continuous pile-up of receivables against power sector which have reached Rs 220 billion in addition to Rs 7 billion of SNGPL against supply of RLNG as of December 1, 2016, well-i
Published 03 Dec, 2016 12:00am
Rising receivables: PSO on the verge of default again

Rising receivables: PSO on the verge of default again

Pakistan State Oil (PSO) is reportedly again on the verge of default due to continuous pile-up of receivables against power sector which have reached Rs 220 billion in addition to Rs 7 billion of SNGPL against supply of RLNG as of December 1, 2016, well-i
Published 03 Dec, 2016 12:00am
Rising receivables: PSO on the verge of default again

Rising receivables: PSO on the verge of default again

Pakistan State Oil (PSO) is reportedly again on the verge of default due to continuous pile-up of receivables against power sector which have reached Rs 220 billion in addition to Rs 7 billion of SNGPL against supply of RLNG as of December 1, 2016, well-i
Published 03 Dec, 2016 12:00am
Raise in GST: Federal government deprives provinces of massive revenue

Raise in GST: Federal government deprives provinces of massive revenue

The federal government has reportedly deprived the provinces of billions of rupee revenue by increasing General Sales Tax (GST) on industrial sector gas by 96 per cent, instead of increasing Excise Duty which is exclusively the right of the provinces. The
Published 03 Dec, 2016 12:00am
Raise in GST: Federal government deprives provinces of massive revenue

Raise in GST: Federal government deprives provinces of massive revenue

The federal government has reportedly deprived the provinces of billions of rupee revenue by increasing General Sales Tax (GST) on industrial sector gas by 96 per cent, instead of increasing Excise Duty which is exclusively the right of the provinces. The
Published 03 Dec, 2016 12:00am
Raise in GST: Federal government deprives provinces of massive revenue

Raise in GST: Federal government deprives provinces of massive revenue

The federal government has reportedly deprived the provinces of billions of rupee revenue by increasing General Sales Tax (GST) on industrial sector gas by 96 per cent, instead of increasing Excise Duty which is exclusively the right of the provinces. The
Published 03 Dec, 2016 12:00am
Bullish spell deepens

Bullish spell deepens

Despite foreign selling, Pakistan Stock Exchange remained bullish on Friday. The benchmark KSE-100 index registered a healthy gain of 363.54 points to close at highest-ever level of 43,270.90 points. Buying was seen mainly by local investors and instituti
Published 03 Dec, 2016 12:00am
Bullish spell deepens

Bullish spell deepens

Despite foreign selling, Pakistan Stock Exchange remained bullish on Friday. The benchmark KSE-100 index registered a healthy gain of 363.54 points to close at highest-ever level of 43,270.90 points. Buying was seen mainly by local investors and instituti
Published 03 Dec, 2016 12:00am
Bullish spell deepens

Bullish spell deepens

Despite foreign selling, Pakistan Stock Exchange remained bullish on Friday. The benchmark KSE-100 index registered a healthy gain of 363.54 points to close at highest-ever level of 43,270.90 points. Buying was seen mainly by local investors and instituti
Published 03 Dec, 2016 12:00am
BRIndex30 up 108.66 points

BRIndex30 up 108.66 points

On Friday, BRIndex30 opened at 24,461.08 points. It touched an intraday high of 24,657.23 points and an intraday low of 24,457.68 points and closed at 24,569.74 points which was 108.66 points or 0.44 percent higher than previous close. Total volume was 10
Published 03 Dec, 2016 12:00am
BRIndex30 up 108.66 points

BRIndex30 up 108.66 points

On Friday, BRIndex30 opened at 24,461.08 points. It touched an intraday high of 24,657.23 points and an intraday low of 24,457.68 points and closed at 24,569.74 points which was 108.66 points or 0.44 percent higher than previous close. Total volume was 10
Published 03 Dec, 2016 12:00am
Loans obtained from NBP: SBP says won't disclose details

Loans obtained from NBP: SBP says won't disclose details

State Bank of Pakistan (SBP) has refused to provide details about the persons/companies who/which obtained loans of Rs 5 million or more from National Bank of Pakistan (NBP) during the last five years. Finance Secretary Dr Waqar Masood Khan on Friday, whi
Published 03 Dec, 2016 12:00am
Loans obtained from NBP: SBP says won't disclose details

Loans obtained from NBP: SBP says won't disclose details

State Bank of Pakistan (SBP) has refused to provide details about the persons/companies who/which obtained loans of Rs 5 million or more from National Bank of Pakistan (NBP) during the last five years. Finance Secretary Dr Waqar Masood Khan on Friday, whi
Published 03 Dec, 2016 12:00am
All listed companies: SECP decides to grant general relaxation

All listed companies: SECP decides to grant general relaxation

The Securities and Exchange Commission of Pakistan (SECP) has decided to grant a general relaxation to all listed companies from the requirement of payment of cash dividend through electronic mode directly into the bank accounts of the shareholders up to
Published 03 Dec, 2016 12:00am
All listed companies: SECP decides to grant general relaxation

All listed companies: SECP decides to grant general relaxation

The Securities and Exchange Commission of Pakistan (SECP) has decided to grant a general relaxation to all listed companies from the requirement of payment of cash dividend through electronic mode directly into the bank accounts of the shareholders up to
Published 03 Dec, 2016 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 03 Dec, 2016 12:00am
All listed companies: SECP decides to grant general relaxation

All listed companies: SECP decides to grant general relaxation

The Securities and Exchange Commission of Pakistan (SECP) has decided to grant a general relaxation to all listed companies from the requirement of payment of cash dividend through electronic mode directly into the bank accounts of the shareholders up to
Published 03 Dec, 2016 12:00am
All listed companies: SECP decides to grant general relaxation

All listed companies: SECP decides to grant general relaxation

The Securities and Exchange Commission of Pakistan (SECP) has decided to grant a general relaxation to all listed companies from the requirement of payment of cash dividend through electronic mode directly into the bank accounts of the shareholders up to
Published 03 Dec, 2016 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 03 Dec, 2016 12:00am
No talks with Sartaj during his visit: Indian spokesman

No talks with Sartaj during his visit: Indian spokesman

India has categorically shut down speculation over the possibility of talks with Pakistan's foreign policy adviser Sartaj Aziz during his visit to India for the Heart of Asia conference. During a weekly news briefing, Ministry of External Affairs' spokesp
Published 03 Dec, 2016 12:00am
Board Meetings
Cotton

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Dec, 2016 12:00am
No talks with Sartaj during his visit: Indian spokesman

No talks with Sartaj during his visit: Indian spokesman

India has categorically shut down speculation over the possibility of talks with Pakistan's foreign policy adviser Sartaj Aziz during his visit to India for the Heart of Asia conference. During a weekly news briefing, Ministry of External Affairs' spokesp
Published 03 Dec, 2016 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Dec, 2016 12:00am
China must 'walk the talk' on trade: former WTO chief

China must 'walk the talk' on trade: former WTO chief

Beijing's pledges to pursue trade liberalisation in the face of a potentially more protectionist US under Donald Trump meant it was time for China to "walk the talk" on the issue, former WTO director-general Pascal Lamy said Friday. Lamy, also a former EU
Published 03 Dec, 2016 12:00am
France to try 14 executives and J.P Morgan Chase over tax fraud

France to try 14 executives and J.P Morgan Chase over tax fraud

Fourteen former executives of the Wendel investment company will face trial for tax fraud while US bank J.P. Morgan Chase is to be pursued for complicity, legal sources told AFP on Friday. The former head of Wendel, Jean-Bernard Lafonta, and Ernest-Antoin
Published 03 Dec, 2016 12:00am
France to try 14 executives and J.P Morgan Chase over tax fraud

France to try 14 executives and J.P Morgan Chase over tax fraud

Fourteen former executives of the Wendel investment company will face trial for tax fraud while US bank J.P. Morgan Chase is to be pursued for complicity, legal sources told AFP on Friday. The former head of Wendel, Jean-Bernard Lafonta, and Ernest-Antoin
Published 03 Dec, 2016 12:00am
Bilawal warns of anti-Nawaz protest campaign

Bilawal warns of anti-Nawaz protest campaign

Chairman of Pakistan Peoples Party Bilawal Bhutto Zardari has warned the Nawaz government that he will change his current slogan of "Go Nisar Go" into "Go Nawaz Go" if his four demands are not accepted before December 27. "I am fed up with what is happeni
Published 03 Dec, 2016 12:00am
Bilawal warns of anti-Nawaz protest campaign

Bilawal warns of anti-Nawaz protest campaign

Chairman of Pakistan Peoples Party Bilawal Bhutto Zardari has warned the Nawaz government that he will change his current slogan of "Go Nisar Go" into "Go Nawaz Go" if his four demands are not accepted before December 27. "I am fed up with what is happeni
Published 03 Dec, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (December 02, 2016).

Published 03 Dec, 2016 12:00am
SECP detects irregularities in NTS affairs

SECP detects irregularities in NTS affairs

The Securities and Exchange Commission of Pakistan (SECP) has found financial and administrative irregularities in the affairs of National Testing Service (NTS) during an on-site inspection of books of accounts, books and papers. Sources said the inspecti
Published 03 Dec, 2016 12:00am
SECP detects irregularities in NTS affairs

SECP detects irregularities in NTS affairs

The Securities and Exchange Commission of Pakistan (SECP) has found financial and administrative irregularities in the affairs of National Testing Service (NTS) during an on-site inspection of books of accounts, books and papers. Sources said the inspecti
Published 03 Dec, 2016 12:00am
SECP detects irregularities in NTS affairs

SECP detects irregularities in NTS affairs

The Securities and Exchange Commission of Pakistan (SECP) has found financial and administrative irregularities in the affairs of National Testing Service (NTS) during an on-site inspection of books of accounts, books and papers. Sources said the inspecti
Published 03 Dec, 2016 12:00am
Trump taps 'Mad Dog' Mattis for defence secretary

Trump taps 'Mad Dog' Mattis for defence secretary

US President-elect Donald Trump said Thursday he has picked the tough-talking retired general James Mattis to be his defense secretary as he soaked up adulation at a buoyant Ohio rally that recalled this year's rough-and-tumble campaign. The splash of har
Published 03 Dec, 2016 12:00am
Trump taps 'Mad Dog' Mattis for defence secretary

Trump taps 'Mad Dog' Mattis for defence secretary

US President-elect Donald Trump said Thursday he has picked the tough-talking retired general James Mattis to be his defense secretary as he soaked up adulation at a buoyant Ohio rally that recalled this year's rough-and-tumble campaign. The splash of har
Published 03 Dec, 2016 12:00am
THE RUPEE: further gains
Currency

THE RUPEE: further gains

The rupee improved slightly versus the dollar on the money market on Friday in the process of trading, dealers said. The rupee shed one paisa in relation to the greenback for buying and selling at Rs 104.83 and Rs 104.84 respectively, they said.
Published 03 Dec, 2016 12:00am
July-October period: foreign investors repatriate $540 million

July-October period: foreign investors repatriate $540 million

Foreign investors repatriated $540 million on account of profit and dividend in first four months (July-October) of this fiscal year (FY17). Economist said although, the repatriated amount is lower than the same period of last fiscal year, however it is m
Published 03 Dec, 2016 12:00am
THE RUPEE: further gains
Currency

THE RUPEE: further gains

The rupee improved slightly versus the dollar on the money market on Friday in the process of trading, dealers said. The rupee shed one paisa in relation to the greenback for buying and selling at Rs 104.83 and Rs 104.84 respectively, they said.
Published 03 Dec, 2016 12:00am
July-October period: foreign investors repatriate $540 million

July-October period: foreign investors repatriate $540 million

Foreign investors repatriated $540 million on account of profit and dividend in first four months (July-October) of this fiscal year (FY17). Economist said although, the repatriated amount is lower than the same period of last fiscal year, however it is m
Published 03 Dec, 2016 12:00am
July-October period: foreign investors repatriate $540 million

July-October period: foreign investors repatriate $540 million

Foreign investors repatriated $540 million on account of profit and dividend in first four months (July-October) of this fiscal year (FY17). Economist said although, the repatriated amount is lower than the same period of last fiscal year, however it is m
Published 03 Dec, 2016 12:00am
Erdogan urges Turks to convert foreign currency to lira
Currency

Erdogan urges Turks to convert foreign currency to lira

President Recep Tayyip Erdogan urged Turks on Friday to convert their foreign currencies into gold and lira to stimulate the country's economy as the lira continued its slide against the dollar. "For those who have foreign currencies under the pillow, com
Published 03 Dec, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (December 02, 2016).

Published 03 Dec, 2016 12:00am
Erdogan urges Turks to convert foreign currency to lira
Currency

Erdogan urges Turks to convert foreign currency to lira

President Recep Tayyip Erdogan urged Turks on Friday to convert their foreign currencies into gold and lira to stimulate the country's economy as the lira continued its slide against the dollar. "For those who have foreign currencies under the pillow, com
Published 03 Dec, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (December 02, 2016).

Published 03 Dec, 2016 12:00am
Erdogan urges Turks to convert foreign currency to lira
Currency

Erdogan urges Turks to convert foreign currency to lira

President Recep Tayyip Erdogan urged Turks on Friday to convert their foreign currencies into gold and lira to stimulate the country''s economy as the lira continued its slide against the dollar. "For those who have foreign currencies under the pillow, co
Published 03 Dec, 2016 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (December 02, 2016).

Published 03 Dec, 2016 12:00am
North Korea artillery drill targets South, Seoul unveils sanctions

North Korea artillery drill targets South, Seoul unveils sanctions

North Korean leader Kim Jong-Un conducted a large-scale artillery drill simulating an attack on the South Korean capital and other targets, as Seoul and Tokyo on Friday unveiled fresh unilateral sanctions against Pyongyang over its nuclear weapons program
Published 03 Dec, 2016 12:00am
North Korea artillery drill targets South, Seoul unveils sanctions

North Korea artillery drill targets South, Seoul unveils sanctions

North Korean leader Kim Jong-Un conducted a large-scale artillery drill simulating an attack on the South Korean capital and other targets, as Seoul and Tokyo on Friday unveiled fresh unilateral sanctions against Pyongyang over its nuclear weapons program
Published 03 Dec, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (December 02, 2016)

Published 03 Dec, 2016 12:00am
Economic policies: consensus still elusive

Economic policies: consensus still elusive

Pakistan Business Council has highlighted the need for continuity in policies as a key factor in enhancing domestic as well as foreign investment. There is no doubt that policy change with a change of government has been and remains a major impediment to
Published 03 Dec, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (December 02, 2016).

Published 03 Dec, 2016 12:00am
A call that echoed

A call that echoed

It must be stated at the very outset that Donald Trump is neither a run-of-the-mill political leader nor should anyone expect of him to be hemmed in by the established diplomatic protocol. The presidency of the world's most powerful country is the first e
Published 03 Dec, 2016 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 03 Dec, 2016 12:00am
Declining exports
Currency

Declining exports

Pakistan's trade deficit from July to October 2016 has increased to US $9.3 billion and the annual deficit for FY 2016-17 is estimated to jack up to $28 billion which is one of the highest trade deficits in the recent history of Pakistan. In 2014 and 2015
Published 03 Dec, 2016 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 03 Dec, 2016 12:00am
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