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Archive - 2016-12-07
At least 25 dead in Indonesian earthquake
Front Top News

At least 25 dead in Indonesian earthquake

MEUREUDU: At least 25 people died and hundreds were injured after a strong earthquake struck off Aceh province on Indone
Published 07 Dec, 2016 06:39am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (December 06, 2016).

Published 07 Dec, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (December 06, 2016).

Published 07 Dec, 2016 12:00am
Samsung prevails over Apple in $399 million patent appeal

Samsung prevails over Apple in $399 million patent appeal

The US Supreme Court on Tuesday overturned a $399 million patent infringement penalty imposed on Samsung for copying Apple's iPhone design, in a case watched for its implications for technology innovation. The justices ruled 8-0 that Samsung should not be
Published 07 Dec, 2016 12:00am
Samsung prevails over Apple in $399 million patent appeal

Samsung prevails over Apple in $399 million patent appeal

The US Supreme Court on Tuesday overturned a $399 million patent infringement penalty imposed on Samsung for copying Apple's iPhone design, in a case watched for its implications for technology innovation. The justices ruled 8-0 that Samsung should not be
Published 07 Dec, 2016 12:00am
Samsung prevails over Apple in $399 million patent appeal

Samsung prevails over Apple in $399 million patent appeal

The US Supreme Court on Tuesday overturned a $399 million patent infringement penalty imposed on Samsung for copying Apple''s iPhone design, in a case watched for its implications for technology innovation. The justices ruled 8-0 that Samsung should not b
Published 07 Dec, 2016 12:00am
Obama reflects on terror fight ahead of Trump presidency

Obama reflects on terror fight ahead of Trump presidency

President Barack Obama delivers his final address on the fight against terrorism Tuesday, in a speech that will resonate as a message to his successor Donald Trump, who has yet to spell out his own anti-terror strategy. Speaking from MacDill Air Force Bas
Published 07 Dec, 2016 12:00am
Obama reflects on terror fight ahead of Trump presidency

Obama reflects on terror fight ahead of Trump presidency

President Barack Obama delivers his final address on the fight against terrorism Tuesday, in a speech that will resonate as a message to his successor Donald Trump, who has yet to spell out his own anti-terror strategy. Speaking from MacDill Air Force Bas
Published 07 Dec, 2016 12:00am
Textile City's voluntary winding up begins

Textile City's voluntary winding up begins

Due to non-availability of the required infrastructure including natural gas and paucity of funds, the voluntary winding up of the Pakistan Textile City Limited (PTCL) has been started. This was revealed in the National Assembly Standing Committee on Text
Published 07 Dec, 2016 12:00am
Textile City's voluntary winding up begins

Textile City's voluntary winding up begins

Due to non-availability of the required infrastructure including natural gas and paucity of funds, the voluntary winding up of the Pakistan Textile City Limited (PTCL) has been started. This was revealed in the National Assembly Standing Committee on Text
Published 07 Dec, 2016 12:00am
Textile City''s voluntary winding up begins

Textile City''s voluntary winding up begins

Due to non-availability of the required infrastructure including natural gas and paucity of funds, the voluntary winding up of the Pakistan Textile City Limited (PTCL) has been started. This was revealed in the National Assembly Standing Committee on Text
Published 07 Dec, 2016 12:00am
Supreme Court raises three questions about Prime Minister, children

Supreme Court raises three questions about Prime Minister, children

Hearing the Panamagate case Tuesday, the Supreme Court raised three key questions to be asked from the counsel for Prime Minister Nawaz Sharif: Had Nawaz Sharif been benefiting from Mayfair properties directly or indirectly? Was he behind the purchase of
Published 07 Dec, 2016 12:00am
Supreme Court raises three questions about Prime Minister, children

Supreme Court raises three questions about Prime Minister, children

Hearing the Panamagate case Tuesday, the Supreme Court raised three key questions to be asked from the counsel for Prime Minister Nawaz Sharif: Had Nawaz Sharif been benefiting from Mayfair properties directly or indirectly? Was he behind the purchase of
Published 07 Dec, 2016 12:00am
Mirani Dam compensation project among schemes cleared by CDWP

Mirani Dam compensation project among schemes cleared by CDWP

The Central Development Working Party (CDWP) on Tuesday approved seven development projects worth Rs 6.9 billion including Mirani Dam compensation project costing Rs 3.5 billion. The meeting of CDWP was chaired by Minister for Planning, Development and Re
Published 07 Dec, 2016 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 07 Dec, 2016 12:00am
Mirani Dam compensation project among schemes cleared by CDWP

Mirani Dam compensation project among schemes cleared by CDWP

The Central Development Working Party (CDWP) on Tuesday approved seven development projects worth Rs 6.9 billion including Mirani Dam compensation project costing Rs 3.5 billion. The meeting of CDWP was chaired by Minister for Planning, Development and Re
Published 07 Dec, 2016 12:00am
Mirani Dam compensation project among schemes cleared by CDWP

Mirani Dam compensation project among schemes cleared by CDWP

The Central Development Working Party (CDWP) on Tuesday approved seven development projects worth Rs 6.9 billion including Mirani Dam compensation project costing Rs 3.5 billion. The meeting of CDWP was chaired by Minister for Planning, Development and Re
Published 07 Dec, 2016 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 07 Dec, 2016 12:00am
44,199 historic level achieved

44,199 historic level achieved

Pakistan Stock Exchange (PSX) on Tuesday achieved another historic milestone as the benchmark KSE-100 index, for the first time in its history breached 44,000 psychological level on the back of continuous buying mainly by local investors and institutions.
Published 07 Dec, 2016 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 07 Dec, 2016 12:00am
44,199 historic level achieved

44,199 historic level achieved

Pakistan Stock Exchange (PSX) on Tuesday achieved another historic milestone as the benchmark KSE-100 index, for the first time in its history breached 44,000 psychological level on the back of continuous buying mainly by local investors and institutions.
Published 07 Dec, 2016 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 07 Dec, 2016 12:00am
44,199 historic level achieved

44,199 historic level achieved

Pakistan Stock Exchange (PSX) on Tuesday achieved another historic milestone as the benchmark KSE-100 index, for the first time in its history breached 44,000 psychological level on the back of continuous buying mainly by local investors and institutions.
Published 07 Dec, 2016 12:00am
BRIndex30 rises 403.79 points

BRIndex30 rises 403.79 points

On Tuesday, BRIndex30 opened at 24,956.87 points and remained positive throughout the trading session. It touched an intraday high of 25,379.86 points and an intraday low of 24,956.87 points and closed at 25,360.66 points which was 403.79 points or 1.62 p
Published 07 Dec, 2016 12:00am
BRIndex30 rises 403.79 points

BRIndex30 rises 403.79 points

On Tuesday, BRIndex30 opened at 24,956.87 points and remained positive throughout the trading session. It touched an intraday high of 25,379.86 points and an intraday low of 24,956.87 points and closed at 25,360.66 points which was 403.79 points or 1.62 p
Published 07 Dec, 2016 12:00am
China's envoy says 10,000 local people given CPEC jobs

China's envoy says 10,000 local people given CPEC jobs

A website www.cpec.pk of China-Pakistan Economic Corridor (CPEC) was launched here on Tuesday. The launching ceremony was held in the federal capital. Senator Mushahid Hussain Sayed, Chinese Ambassador Sun Weidong and others participated in the ceremony.
Published 07 Dec, 2016 12:00am
China's envoy says 10,000 local people given CPEC jobs

China's envoy says 10,000 local people given CPEC jobs

A website www.cpec.pk of China-Pakistan Economic Corridor (CPEC) was launched here on Tuesday. The launching ceremony was held in the federal capital. Senator Mushahid Hussain Sayed, Chinese Ambassador Sun Weidong and others participated in the ceremony.
Published 07 Dec, 2016 12:00am
China''s envoy says 10,000 local people given CPEC jobs

China''s envoy says 10,000 local people given CPEC jobs

A website www.cpec.pk of China-Pakistan Economic Corridor (CPEC) was launched here on Tuesday. The launching ceremony was held in the federal capital. Senator Mushahid Hussain Sayed, Chinese Ambassador Sun Weidong and others participated in the ceremony.
Published 07 Dec, 2016 12:00am
CoAS visits Southern Command Headquarters

CoAS visits Southern Command Headquarters

Chief of Army Staff General Qamar Javed Bajwa has vowed zero tolerance against terrorism and directed for focussed and indiscriminate operations against terrorists of all kinds in co-ordination with intelligence and law enforcement agencies (LEAs). Addres
Published 07 Dec, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (December 06, 2016).

Published 07 Dec, 2016 12:00am
CoAS visits Southern Command Headquarters

CoAS visits Southern Command Headquarters

Chief of Army Staff General Qamar Javed Bajwa has vowed zero tolerance against terrorism and directed for focussed and indiscriminate operations against terrorists of all kinds in co-ordination with intelligence and law enforcement agencies (LEAs). Addres
Published 07 Dec, 2016 12:00am
Chinese power company shares $9 billion investment plan with government

Chinese power company shares $9 billion investment plan with government

M/s Shanghai Electric Power Tuesday shared a $9 billion investment plan with the government of Pakistan after months of resistance. The business plan was unveiled at a high-level meeting of the committee constituted by the Cabinet Committee on Energy (CCE
Published 07 Dec, 2016 12:00am
Chinese power company shares $9 billion investment plan with government

Chinese power company shares $9 billion investment plan with government

M/s Shanghai Electric Power Tuesday shared a $9 billion investment plan with the government of Pakistan after months of resistance. The business plan was unveiled at a high-level meeting of the committee constituted by the Cabinet Committee on Energy (CCE
Published 07 Dec, 2016 12:00am
Chinese power company shares $9 billion investment plan with government

Chinese power company shares $9 billion investment plan with government

M/s Shanghai Electric Power Tuesday shared a $9 billion investment plan with the government of Pakistan after months of resistance. The business plan was unveiled at a high-level meeting of the committee constituted by the Cabinet Committee on Energy (CCE
Published 07 Dec, 2016 12:00am
Income Tax Act enforced

Income Tax Act enforced

"The Income Tax (Amendment) Act, 2016" has been enforced, which has allowed purchasers/investors of immovable properties to legalise/whiten the difference between the Federal Board of Revenue (FBR) notified values of immovable properties and DC rates/regi
Published 07 Dec, 2016 12:00am
THE RUPEE: sharp fall versus dollar in open market
Currency

THE RUPEE: sharp fall versus dollar in open market

The rupee fell sharply against the dollar on the money market on Tuesday in the process of trading, dealers said. The rupee rose by three paisas in relation to the dollar for buying and selling at Rs 104.80 and Rs 104.81, they said.
Published 07 Dec, 2016 12:00am
Income Tax Act enforced

Income Tax Act enforced

"The Income Tax (Amendment) Act, 2016" has been enforced, which has allowed purchasers/investors of immovable properties to legalise/whiten the difference between the Federal Board of Revenue (FBR) notified values of immovable properties and DC rates/regi
Published 07 Dec, 2016 12:00am
THE RUPEE: sharp fall versus dollar in open market
Currency

THE RUPEE: sharp fall versus dollar in open market

The rupee fell sharply against the dollar on the money market on Tuesday in the process of trading, dealers said. The rupee rose by three paisas in relation to the dollar for buying and selling at Rs 104.80 and Rs 104.81, they said.
Published 07 Dec, 2016 12:00am
Income Tax Act enforced

Income Tax Act enforced

"The Income Tax (Amendment) Act, 2016" has been enforced, which has allowed purchasers/investors of immovable properties to legalise/whiten the difference between the Federal Board of Revenue (FBR) notified values of immovable properties and DC rates/regi
Published 07 Dec, 2016 12:00am
Sanctions renewal shows US still 'enemy': Rouhani

Sanctions renewal shows US still 'enemy': Rouhani

Iran's President Hassan Rouhani said Tuesday that Congress's decision to renew US sanctions for 10 years would elicit a "harsh reaction" and proved the United States was still an enemy. "America... is our enemy, we have no doubt about this. The Americans
Published 07 Dec, 2016 12:00am
Iran back under nuclear deal limit, says UN watchdog

Iran back under nuclear deal limit, says UN watchdog

The UN's atomic watchdog has verified that Iran has exported enough nuclear-grade heavy water to come back into line with last year's landmark deal with the West, a diplomatic source said Tuesday. The International Atomic Energy Agency has told member sta
Published 07 Dec, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (December 06, 2016).

Published 07 Dec, 2016 12:00am
PPP to run 'Go Nawaz Go' campaign for three months: Bilawal

PPP to run 'Go Nawaz Go' campaign for three months: Bilawal

Pakistan People's Party (PPP) Chairman Bilawal Bhutto Zardari said on Tuesday that the Sharifs should realise that this is their last turn. He was addressing to the concluding ceremony of PPP's 49th Foundation Day. He further said that a long march would
Published 07 Dec, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (December 06, 2016).

Published 07 Dec, 2016 12:00am
PPP to run 'Go Nawaz Go' campaign for three months: Bilawal

PPP to run 'Go Nawaz Go' campaign for three months: Bilawal

Pakistan People's Party (PPP) Chairman Bilawal Bhutto Zardari said on Tuesday that the Sharifs should realise that this is their last turn. He was addressing to the concluding ceremony of PPP's 49th Foundation Day. He further said that a long march would
Published 07 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 Tuesday (December 06, 2016).

Published 07 Dec, 2016 12:00am
CCP imposes Rs 150 million fine on PSO

CCP imposes Rs 150 million fine on PSO

The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs 150 million on Pakistan State Oil (PSO) for allegedly running a deceptive marketing campaign for its products, "Premier XL" petrol and "Green Plus" diesel in violation of Section 10
Published 07 Dec, 2016 12:00am
CCP imposes Rs 150 million fine on PSO

CCP imposes Rs 150 million fine on PSO

The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs 150 million on Pakistan State Oil (PSO) for allegedly running a deceptive marketing campaign for its products, "Premier XL" petrol and "Green Plus" diesel in violation of Section 10
Published 07 Dec, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (December 06, 2016)

Published 07 Dec, 2016 12:00am
CCP imposes Rs 150 million fine on PSO

CCP imposes Rs 150 million fine on PSO

The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs 150 million on Pakistan State Oil (PSO) for allegedly running a deceptive marketing campaign for its products, "Premier XL" petrol and "Green Plus" diesel in violation of Section 10
Published 07 Dec, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (December 06, 2016).

Published 07 Dec, 2016 12:00am
Proposal of amalgamation: NIB Bank BoD meets today

Proposal of amalgamation: NIB Bank BoD meets today

The Board of Directors of NIB Bank to review the MCB Bank's proposal of amalgamation in its emergent meeting to be held today in Karachi. The market is expecting that NIB board of directors is likely to accept the MCB Bank's offer of amalgamation. NIB Ban
Published 07 Dec, 2016 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 07 Dec, 2016 12:00am
Proposal of amalgamation: NIB Bank BoD meets today

Proposal of amalgamation: NIB Bank BoD meets today

The Board of Directors of NIB Bank to review the MCB Bank's proposal of amalgamation in its emergent meeting to be held today in Karachi. The market is expecting that NIB board of directors is likely to accept the MCB Bank's offer of amalgamation. NIB Ban
Published 07 Dec, 2016 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 07 Dec, 2016 12:00am
Proposal of amalgamation: NIB Bank BoD meets today

Proposal of amalgamation: NIB Bank BoD meets today

The Board of Directors of NIB Bank to review the MCB Bank''s proposal of amalgamation in its emergent meeting to be held today in Karachi. The market is expecting that NIB board of directors is likely to accept the MCB Bank''s offer of amalgamation. NIB B
Published 07 Dec, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (December 06, 2016).

Published 07 Dec, 2016 12:00am
Saudi Arabia condemns 15 to death for spying for Iran

Saudi Arabia condemns 15 to death for spying for Iran

A Saudi court Tuesday sentenced 15 people to death for spying for the kingdom's rival Iran, local media and a source close to the case said, in a move likely to heighten regional tensions. The source told AFP that most of the 15 Saudis were members of the
Published 07 Dec, 2016 12:00am
The Weather

The Weather

The weather report on Tuesday (December 06, 2016) and the forecast for Wednesday (December 07, 2016).

Published 07 Dec, 2016 12:00am
Saudi Arabia condemns 15 to death for spying for Iran

Saudi Arabia condemns 15 to death for spying for Iran

A Saudi court Tuesday sentenced 15 people to death for spying for the kingdom's rival Iran, local media and a source close to the case said, in a move likely to heighten regional tensions. The source told AFP that most of the 15 Saudis were members of the
Published 07 Dec, 2016 12:00am
'Sir' Nawaz Sharif: LHC seeks reply

'Sir' Nawaz Sharif: LHC seeks reply

The Lahore High Court on Tuesday sought a reply by December 19 in response to a petition against Prime Minister Nawaz Sharif for using the title of "Sir" given by the British Queen. The petitioner, Javed Iqbal Jafree, contended that the British Queen had
Published 07 Dec, 2016 12:00am
'Sir' Nawaz Sharif: LHC seeks reply

'Sir' Nawaz Sharif: LHC seeks reply

The Lahore High Court on Tuesday sought a reply by December 19 in response to a petition against Prime Minister Nawaz Sharif for using the title of "Sir" given by the British Queen. The petitioner, Javed Iqbal Jafree, contended that the British Queen had
Published 07 Dec, 2016 12:00am
Merkel launches election bid with tough line on immigration

Merkel launches election bid with tough line on immigration

Chancellor Angela Merkel Tuesday lashed populists seeking to exploit Germany's refugee influx, but set down a tough line on integration - including a ban on the full-face veil - as she launched into election campaign mode. Outlining a strategy to counter
Published 07 Dec, 2016 12:00am
Merkel launches election bid with tough line on immigration

Merkel launches election bid with tough line on immigration

Chancellor Angela Merkel Tuesday lashed populists seeking to exploit Germany's refugee influx, but set down a tough line on integration - including a ban on the full-face veil - as she launched into election campaign mode. Outlining a strategy to counter
Published 07 Dec, 2016 12:00am
Notification on judges' retirement

Notification on judges' retirement

The Sindh Law Department has issued a notification with regard to the retirement of a number of judges on attaining the age of superannuation. The notification was issued with the approval of the competent authority (Chief Minister), said an official stat
Published 07 Dec, 2016 12:00am
Chinese firms offer to provide Smart Grid Technology

Chinese firms offer to provide Smart Grid Technology

Chinese firms are keen to provide Pakistan with Smart Grid Technology (SGT) to address massive power distribution and transmission losses. This was stated by Zou Shinjie, representative of Anhui Tianying Group while speaking in a session titled 'Energy-Sm
Published 07 Dec, 2016 12:00am
FBR clarifies 'erroneous' news reports

FBR clarifies 'erroneous' news reports

Federal Board of Revenue (FBR) has clarified that the reports published in some English and Urdu daily newspapers about proceedings on 5th December 2016 in Supreme Court of Pakistan in a hearing in the case titled CIT Sukkur versus M/s Prudential Investme
Published 07 Dec, 2016 12:00am
Traders call for shifting of courts from F-8 Markaz

Traders call for shifting of courts from F-8 Markaz

A delegation of Traders Welfare Association F-8 Markaz, Islamabad led by its President Sardar Tahir Mehmood on Tuesday the visited Islamabad Chamber of Commerce and Industry (ICCI) to highlight issues of their market. Sardar Tahir Mehmood said that presen
Published 07 Dec, 2016 12:00am
Mandviwalla calls for CSA implementation with China, Turkey
Currency

Mandviwalla calls for CSA implementation with China, Turkey

Pakistan Peoples Party (PPP) Senator Saleem Mandviwalla on Tuesday called for implementation of Currency Swap Agreements (CSA) with China and Turkey to increase the bilateral trade, investments and strengthen its balance of payments. Senator Saleem Mandvi
Published 07 Dec, 2016 12:00am
SECP formulates draft Listed Companies Regulations, 2016

SECP formulates draft Listed Companies Regulations, 2016

The Securities and Exchange Commission of Pakistan (SECP) has formulated draft Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2016, under the Securities Act, 2015, keeping in view the best interests of the sharehold
Published 07 Dec, 2016 12:00am
Pakistan to participate in Amritsar trade expo

Pakistan to participate in Amritsar trade expo

A Pakistani delegation has confirmed its participation in the 11th edition of the Punjab International Trade Expo (PITEX) in Amritsar along with participants of other SAARC countries. "We have confirmation that 54 Pakistani traders will participate in the
Published 07 Dec, 2016 12:00am
National Assembly body unsure over closure of textile city

National Assembly body unsure over closure of textile city

National Assembly Standing Committee on textile industry on Tuesday expressed its reservations over the closure of Pakistan Textile City Project, Karachi. He said that due to mismanagement and corruption the debt of textile city is exceeding to Rs 2.4 bil
Published 07 Dec, 2016 12:00am
Dar for closure ties with new US administration

Dar for closure ties with new US administration

Finance Minister for Finance, Senator Ishaq Dar on Tuesday expressed satisfaction at the ongoing bilateral economic relations with the US and hoped for enhanced relations with the incoming administration of President elect, Donald Trump He expressed these
Published 07 Dec, 2016 12:00am
Khaqan inaugurates Makori gas plant in Khyber Pakhtunkhwa

Khaqan inaugurates Makori gas plant in Khyber Pakhtunkhwa

Federal Minister for Petroleum and Natural Resources, Shahid Khaqan Abbasi here Tuesday inaugurated the gigantic Makori Gas Processing Plant Karak that would help play vital role in development of oil and gas industry in Pakistan. Politicians, lawmakers,
Published 07 Dec, 2016 12:00am
National Assembly body decides to summon BOL CEO, anchor

National Assembly body decides to summon BOL CEO, anchor

The Standing Committee on Rules of Procedure and Privileges decided to summon CEO Bol TV and Anchor Amir Liaquat Hussain in its next meeting in connection with the Question of Privilege raised by Maulana Fazlur Rehman, MNA, regarding "baseless" allegation
Published 07 Dec, 2016 12:00am
Seven dead, five injured in Khyber Agency collision

Seven dead, five injured in Khyber Agency collision

At least seven people were killed and five passenger were injured as a speeding passenger van collided with a tractor trolley in Jamrud tehsil of Khyber Agency here on Tuesday. According to details, the incident was occurred when a trailer ran over three
Published 07 Dec, 2016 12:00am
The controversial real estate law

The controversial real estate law

The federal government through an amendment in the Income Tax Ordinance 2001 passed a bill in the National Assembly to tax the real estate sector on the basis of fair market value of immovable properties to be determined by Federal Board of Revenue (FBR)
Published 07 Dec, 2016 12:00am
Heartless at the Heart of Asia

Heartless at the Heart of Asia

The outcome of the Sixth Heart of Asia-Istanbul Process Ministerial Conference hosted by India can be categorised in two pieces: the Amritsar Declaration adopted by the conference and the Modi-Ghani duo criticising Pakistan. While the former was realistic
Published 07 Dec, 2016 12:00am
Trailing the tainted money
Currency

Trailing the tainted money

Tracing the trail of tainted money from origin to final destination has become an extremely complex proposition because most of the black money normally is camouflaged in more than two dozen jurisdictions uploaded in far-flung networks of trusts, shell co
Published 07 Dec, 2016 12:00am
Panama: Whoever wins we lose

Panama: Whoever wins we lose

It doesn't augur well - either way. If Imran loses it will get worse. If he wins it will get worse. Whatever the merits of the case, and he is neither the sharpest mind around nor a paragon of virtue, Imran has come to represent the national crusader. He
Published 07 Dec, 2016 12:00am
Islamic finance: broad-based efforts needed

Islamic finance: broad-based efforts needed

Islamic finance has been growing leaps and bounds and is considered the fastest growing sector in the global finance and domestic economic system. The total assets under management (AUM) in the global Islamic finance industry now nearly amount to USD ~2 t
Published 07 Dec, 2016 12:00am
Sartaj Aziz in Amritsar

Sartaj Aziz in Amritsar

That Advisor to the Prime Minister on Foreign Affairs Sartaj Aziz was barred from visiting Sikhs' holy site, the Golden Temple, during his Amritsar visit is a sardonic comment on the so-called secular credentials of India under Narendra Modi. That the Ind
Published 07 Dec, 2016 12:00am
Imran Samad joins Bank of AJ&K as CEO & MD

Imran Samad joins Bank of AJ&K as CEO & MD

Imran Samad joined the Bank of Azad Jammu & Kashmir on November 29, 2016 as the CEO & Managing Director. He has been associated with the banking profession for over three decades. After his MBA, he started his career with PICIC as a financial analyst and
Published 07 Dec, 2016 12:00am
Sindh governor advised lung transplant

Sindh governor advised lung transplant

For the last 23 days Governor Sindh former Justice Saeed-uz-Zaman Siddiqui had been admitted at a private hospital in the city. A ten-member medical board comprising neurological physicians, surgeons, orthopedics, chest specialists have been monitoring th
Published 07 Dec, 2016 12:00am
SHC restrains Saeed Ghani from chairing SESSI's meetings

SHC restrains Saeed Ghani from chairing SESSI's meetings

The Sindh High Court (SHC) on Tuesday restrained the adviser to Sindh Chief Minister on Labor and Human Resources, Senator Saeed Ghani from exercising ministerial powers and chairing the Sindh Employees Social Security Institution (SESSI)'s meetings.
Published 07 Dec, 2016 12:00am
MQM-London's silent units identified in Karachi

MQM-London's silent units identified in Karachi

Muttahida Qaumi Movement (MQM)-London had set up 'silent units' to be in direct contact with its workers in Karachi after MQM-Pakistan had distanced itself from party founder after his August 22 anti-Pakistan speech, a News channel learnt on Tuesday.
Published 07 Dec, 2016 12:00am
Body formed to probe Karachi hotel fire

Body formed to probe Karachi hotel fire

An investigation committee headed by Senior Superintendent Police (SSP) South has been formed to probe Karachi hotel fire. At least 12 people were killed when a four-star hotel in Karachi caught fire early Monday. Reportedly, 75 people suffered injuries i
Published 07 Dec, 2016 12:00am
Altaf doesn't have veto power, Sattar tells SHC

Altaf doesn't have veto power, Sattar tells SHC

Muttahaida Quami Movement (MQM)-Pakistan chief Farooq Sattar on Tuesday submitted his reply in the Sindh High Court (SHC) during hearing of a petition calling for a ban on the party. In his reply, Sattar said following the August 22 speech, MQM-Pakistan h
Published 07 Dec, 2016 12:00am
PSO denies reports

PSO denies reports

Apropos the news published in various sections of the print media on December 6, 2016, regarding Pakistan State Oil 'acknowledging' the sale of adulterated POL products in the country, the company refutes the claims saying that the PSO representative at t
Published 07 Dec, 2016 12:00am
Karachi Mayor inaugurates Build Asia Exhibition

Karachi Mayor inaugurates Build Asia Exhibition

Mayor Karachi Waseem Akhtar Inaugurated 12th Build Asia 2016 International Building and Construction Industry Exhibition on Tuesday being held at Karachi Expo Center. While addressing the inauguration Ceremony, Mayor Karachi said that with implementation
Published 07 Dec, 2016 12:00am
Cold and dry weather likely to continue

Cold and dry weather likely to continue

With the continuing dry weather spell over the last several months, the Met Office has forecast a low rain-snowfall for the country during the current and next month. It said that the global climatic conditions and output of different forecasting models h
Published 07 Dec, 2016 12:00am
Sanofi arranges health reporting workshop at CEJ

Sanofi arranges health reporting workshop at CEJ

In order to produce a credible and balanced news story, a reporter must verify facts from different sources and make sure accommodating the views of all parties involved in the issue. Veteran journalist Farooq Moin said this while addressing reporters at
Published 07 Dec, 2016 12:00am
Paradise lost: How toxic water destroyed largest lake

Paradise lost: How toxic water destroyed largest lake

For generations the Mohanna tribe have lived, loved, worked, and played on Manchar Lake; their floating settlement serving their needs from birth to death. But an unrelenting flow of toxic wastewater is pouring into the lake - a byproduct of industrialisa
Published 07 Dec, 2016 12:00am
45th death anniversary of Major Shabbir observed

45th death anniversary of Major Shabbir observed

The 45th death anniversary of Major Shabbir Sharif, Nishan-e Haider was observed on Tuesday. He is the only army officer who received both the Nishan-e-Haider and Sitara-e-Jurat for his bravery. He embraced Martyrdom during the 1971 Pakistan-India war. Co
Published 07 Dec, 2016 12:00am
UAF, Canadian varsity launch joint degree programme

UAF, Canadian varsity launch joint degree programme

The University of Agriculture Faisalabad and Dalhousie University Canada have launched a joint degree programme BS (Plant Sciences). The launching ceremony was chaired by UAF Vice Chancellor Professor Dr Iqrar Ahmad Khan while Dr Qamar Zaman and Dr G Chri
Published 07 Dec, 2016 12:00am
Germany seeks to invest in NTDC projects: envoy

Germany seeks to invest in NTDC projects: envoy

German Ambassador to Pakistan Ina Lepel said that Germany has always considered Pakistan as its important ally in South Asia and would boost cooperation in Energy Sector of the country. She visited 500 kV Grid Station Nokhar near Gujranwala, a project of
Published 07 Dec, 2016 12:00am
LCCI urges government to open Sust border

LCCI urges government to open Sust border

The Lahore Chamber of Commerce and Industry has urged the government to open Sust border for business transport as trading goods including kinnows and potatoes of millions of dollars are stuck due to closure of the border causing huge financial loss to th
Published 07 Dec, 2016 12:00am
Siraj-ul-Haq urges Supreme Court to take measures against corruption

Siraj-ul-Haq urges Supreme Court to take measures against corruption

Chief of Jamaat e Islami, Pakistan, Senator Sirajul Haq, has said that corruption had gone deep into the society and it was the responsibility of the Supreme Court to steer it out from there. According to media cell of Jamaat e Islami Lahore he was talkin
Published 07 Dec, 2016 12:00am
Petition allowed against Nawaz, Shahbaz

Petition allowed against Nawaz, Shahbaz

The Lahore High Court on Tuesday overruled an objection of the office on a petition seeking disqualification of Prime Minister Nawaz Sharif and Chief Minister Shahbaz Sharif for their alleged corrupt practices. The office citing constitutional immunity en
Published 07 Dec, 2016 12:00am
'500k rise in volume of locally assembled cars likely by 2025'

'500k rise in volume of locally assembled cars likely by 2025'

Auto industry is expecting the increase in the volume of locally assembled cars to 0.5 million by 2025, following positive economic indicators, Chief Operating Officer (COO), Indus Motors Company (IMC) said, here on Tuesday. Talking to the Business Rec
Published 07 Dec, 2016 12:00am
Diamer-Bhasha Dam: FCCI chief lauds approval of financial plan

Diamer-Bhasha Dam: FCCI chief lauds approval of financial plan

President Faisalabad Chamber of Commerce and Industry (FCCI), Engineer Saeed Sheikh has welcomed the approval of financial plan for Diamer-Bhasha Dam by Prime Minister Nawaz Shareef. He has termed it a major milestone towards weeding out loadshedding by i
Published 07 Dec, 2016 12:00am
Deranged father kills his five children, commits suicide

Deranged father kills his five children, commits suicide

A pitiless man killed his five children and committed suicide later over domestic issues here on Tuesday. The incident took place in Muhammadwala Police Station of Chiniot where the accused disappointed over the attitude of his wife who left him some one
Published 07 Dec, 2016 12:00am
Every hour ten people die from diabetes-related causes, experts estimate

Every hour ten people die from diabetes-related causes, experts estimate

10 people die every hour in Pakistan from diabetes-related causes often by heart attacks and strokes. It is predicted that by 2035, the number of people with diabetes will reach to 12.8 million." This was revealed by health experts at a diabetic forum org
Published 07 Dec, 2016 12:00am
IMC launches new Fortuner, Hilux Revo

IMC launches new Fortuner, Hilux Revo

Indus Motor Company Ltd (IMC) has introduced full model Change of Light Commercial Vehicles and SUV range, Hilux Revo and Fortuner at a ceremony held here on Tuesday. Speaking on the occasion, the IMC Chief Engineer, H Nakajima said that the company took
Published 07 Dec, 2016 12:00am
Tevta introduces system to provide jobs to pass-outs

Tevta introduces system to provide jobs to pass-outs

Technical Education and Vocational Training Authority (TEVTA) has introduced information system to provide job opportunities to its pass-outs. TEVTA pass-outs can give their details to get jobs. TEVTA has started Skilled Labour Market Information System (
Published 07 Dec, 2016 12:00am
Oil falls on output cut scepticism

Oil falls on output cut scepticism

Oil prices on Tuesday ended lower for the first time in a week since OPEC agreed to cut output on growing skepticism that the cartel would be able to reduce supplies as data showed record high production in most major export regions. After rising over 15
Published 07 Dec, 2016 12:00am
UAE energy minister sees no more spikes in shale oil output

UAE energy minister sees no more spikes in shale oil output

The United Arab Emirates' energy minister does not expect another big increase in shale oil production and believes oil price rises in the future will be "on a rational basis", he told Sky News Arabia TV in an interview broadcast on Tuesday. Suhail bin Mo
Published 07 Dec, 2016 12:00am
Ukraine 2016-17 grain exports could dip below forecast

Ukraine 2016-17 grain exports could dip below forecast

Logistical problems could cause Ukraine's 2016-17 grain exports to fall slightly below the forecast 41 million tonnes, Agriculture Minister Taras Kutovy said on Friday. "We are keeping our export forecast at 41 million tonnes, but it could be less due to
Published 07 Dec, 2016 12:00am
KMBL Service Centre opened in Matotali

KMBL Service Centre opened in Matotali

A new Khushhali Microfinance Bank (KMBL) Service Center was inaugurated on Tuesday in Matotali near Shujabad, in order to increase KMBL's outreach and facilitation to existing and potential customers in the area. The new Service Center aims to increase KM
Published 07 Dec, 2016 12:00am
Panamagate: Imran says Nawaz repeatedly lying

Panamagate: Imran says Nawaz repeatedly lying

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Tuesday said that his party with the help of people successfully proved that Prime Minister Nawaz Sharif has lied to the nation and Parliament. Speaking at a press conference after attending the Suprem
Published 07 Dec, 2016 12:00am
'Rescue Mohfaiz Programme' launched

'Rescue Mohfaiz Programme' launched

The Punjab Emergency Service (Rescue 1122) has formally launched Rescue Mohfaiz Programme in a bid to establish Community Emergency Response Teams (CERTs) to enhance emergency preparedness, response and prevention for achieving the goal of healthy, safe a
Published 07 Dec, 2016 12:00am
Campaign aims at maligning government: Musaddik

Campaign aims at maligning government: Musaddik

Prime Minister's spokesman Musaddik Malik has said that campaign against the PML-N government was not aimed at seeking justice but to malign the government. Speaking at Aaj News talk show Faisla Aap Ka hosted by renowned anchor Asma Shirazi, Malik said th
Published 07 Dec, 2016 12:00am
Three robbers killed

Three robbers killed

Three robbers were killed while their two accomplices managed to escape after an encounter with police here on Tuesday. Police said that five robbers posing as passengers were travelling from Sialkot to Lahore. The robbers stopped the vehicle near Kala Sh
Published 07 Dec, 2016 12:00am
LUMH holds seminar against corruption

LUMH holds seminar against corruption

To mark the International Anti-Corruption day which falls on 9th of December each year the Directorate of Student Affairs, Liaquat University of Medial & Health Sciences Jamshoro arranged "Awareness Walk" followed by a Seminar on "Say No to Corruption" on
Published 07 Dec, 2016 12:00am
'Pakistan seeks to work closely with new US administration'

'Pakistan seeks to work closely with new US administration'

Special Assistant to the Prime Minister on Foreign Affairs Syed Tariq Fatemi has underscored that Pakistan is looking forward to work closely with the new US administration and wants the bilateral relations to be further strengthened in future.
Published 07 Dec, 2016 12:00am
Siraj-ul-Haq urges SC to decide Panamagate issue by new year

Siraj-ul-Haq urges SC to decide Panamagate issue by new year

Chief Jamaat-e-Islami (JI) Senator Siraj-ul-Haq has said that corruption is a monumental endemic that has eaten deep into every fabric of society and termed it the responsibility of the Supreme Court to purge the country of this menace.
Published 07 Dec, 2016 12:00am
NAB holds walk in Karachi against graft

NAB holds walk in Karachi against graft

NAB Karachi organised Anti-Corruption walk yesterday in line with the International Anti-Corruption Day which is observed every year under United Nations Convention Against Corruption (UNCAC). Anti-Corruption Establishment (ACE), Government of Sindh and A
Published 07 Dec, 2016 12:00am
Pakistan now in line with UN 2030 Agenda: minister

Pakistan now in line with UN 2030 Agenda: minister

Federal Minister for Climate Change, Zahid Hamid has said the government's Vision 2025 has seven pillars and 25 goals and these goals are fully aligned with the Sustainable Development Goals (SDGs), which means Pakistan is now in line with the United Nati
Published 07 Dec, 2016 12:00am
Pizza Point's 'Made in Pakistan' in international market soon

Pizza Point's 'Made in Pakistan' in international market soon

CEO of Pizza Point, Faizan Rawat, has said that they will soon begin a network of restaurants on a national level and their brand will also be available in the international market under the label of "Made in Pakistan," shortly.
Published 07 Dec, 2016 12:00am
PIA pilots given full salaries

PIA pilots given full salaries

Pakistan International Airlines' (PIA) pilots were given full salaries as per the decision of the organization's Board of Directors. This was stated by the spokesman of the national flag carrier, in a statement here on Tuesday. "Reference media queries PI
Published 07 Dec, 2016 12:00am
ZTBL unable to reduce number of loss-making branches

ZTBL unable to reduce number of loss-making branches

Zarai Taraqiati Bank Limited (ZTBL) has been unable to reduce its number of loss-making branches in loss during the last three years, as the bank branches in loss stood at 134 in 2015 as compared to 133 in 2013.
Published 07 Dec, 2016 12:00am
Arif Habib Group joins hands with Jinnah Foundation

Arif Habib Group joins hands with Jinnah Foundation

Arif Habib Group being desirous of discharging its corporate and social responsibilities has collaborated with Jinnah Foundation to help it fulfil its vision of improving and providing better health and education services to the marginalised masses for wh
Published 07 Dec, 2016 12:00am
FBR, Ministry to discuss tax-related issues in power sector

FBR, Ministry to discuss tax-related issues in power sector

The Federal Board of Revenue (FBR) and Ministry of Water and Power have decided to discuss major tax related issues of power sector here on December 14 (Wednesday). Sources told Business Recorder here on Monday that subsequent to the meeting held o
Published 07 Dec, 2016 12:00am
Government to probe hiring of 50 employees from one family

Government to probe hiring of 50 employees from one family

Authorities promised an inquiry on Tuesday after a Sindh govt was found to have employed almost 50 members of the same family in various health ministry jobs, many in the same hospital. Corruption and nepotism is rampant in country when it comes to hiring
Published 07 Dec, 2016 12:00am
Rabbani takes dim view of FATA reforms' prospects

Rabbani takes dim view of FATA reforms' prospects

Chairman Senate Raza Rabbani on Tuesday categorically said that no reforms for the Federally Administered Tribal Areas (FATA) could be successful unless the linkage among black money, FATA secretariat and the Ministry for States and Frontier Regions (Safr
Published 07 Dec, 2016 12:00am
US MIDDAY: soyabeans rise

US MIDDAY: soyabeans rise

US soyabean futures rallied on Tuesday, with another round of export deals with China as well as concerns about dry weather in Argentina pushing prices higher, traders said. Short covering lent support to corn and wheat futures but gains in the grains wer
Published 07 Dec, 2016 12:00am
Glencore highest bidder in auction for distressed Brazil sugar mill

Glencore highest bidder in auction for distressed Brazil sugar mill

Commodities trader Glencore Plc presented the highest bid in an auction for the sale of a distressed Brazilian sugar mill and is well positioned to take control of the plant, a source with direct knowledge of the process said on Monday. The Swiss commodit
Published 07 Dec, 2016 12:00am
China liquidity fears trigger exodus from steel to rubber
Currency

China liquidity fears trigger exodus from steel to rubber

An exodus of cash from steel to rubber to zinc threatened a blistering months-long rally across global commodity markets on Wednesday, triggered by fresh concerns about liquidity in China, the world's second largest economy. Retail and institutional inves
Published 07 Dec, 2016 12:00am
The great aluminium premium unwind continues

The great aluminium premium unwind continues

Japanese aluminium buyers will pay a premium of $75 per tonne over the London Metal Exchange (LME) cash price for their shipments in the fourth quarter of this year. The settlement with producers, which will serve as the benchmark for Asian physical alumi
Published 07 Dec, 2016 12:00am
Venezuela says Shell to provide $400 million financing for oil venture

Venezuela says Shell to provide $400 million financing for oil venture

Royal Dutch Shell Plc will provide some $400 million in financing to boost oil output at Venezuela's Petroregional del Lago, a joint venture with state-run PDVSA, the South American country announced on Tuesday. Petroregional, which operates the Urdaneta
Published 07 Dec, 2016 12:00am
Rubber pares gains

Rubber pares gains

Benchmark Tokyo rubber futures extended gains on Tuesday and hit a one-week high but the gains were limited as Shanghai futures trimmed their strong gains earlier in the day after China's yuan rose to a near three-week high. The Tokyo Commodity Exchange r
Published 07 Dec, 2016 12:00am
Copper retreats after rally leaves prices overstretched

Copper retreats after rally leaves prices overstretched

Copper prices fell on Tuesday as investors cashed in gains after the previous session's rally on concerns that a surge in base metals prices over the last month had left markets overstretched. Copper rose 2.8 percent on Monday as a slide in the dollar pro
Published 07 Dec, 2016 12:00am
Shanghai copper rises

Shanghai copper rises

The most-traded contract for the metal on the Shanghai Futures Exchange closed 1.9 percent higher at 22,905 yuan a tonne on Tuesday. "There is some profit-taking after the market went up quite a lot," said Helen Lau, an analyst at Argonaut Securities. "Co
Published 07 Dec, 2016 12:00am
Cotton remains flat in muted trading
Cotton

Cotton remains flat in muted trading

Cotton futures remained little changed on Monday in subdued trading activity, ahead of the monthly supply-demand report from the US Department of Agriculture later this week. "We saw what looked to be speculative long liquidation late last week. Further s
Published 07 Dec, 2016 12:00am
Exide Pakistan Limited

Exide Pakistan Limited

Exide Pakistan in association with Chloride Group Plc of the UK was first incorporated in 1953 as a private limited company and went public in 1982. Chloride has associated across 35 countries in the world. Exide Pakistan is mainly in the business of manu
Published 07 Dec, 2016 12:00am
Exide Pakistan Limited

Exide Pakistan Limited

Exide Pakistan in association with Chloride Group Plc of the UK was first incorporated in 1953 as a private limited company and went public in 1982. Chloride has associated across 35 countries in the world. Exide Pakistan is mainly in the business of manu
Published 07 Dec, 2016 12:00am
Split in Senate over allotment of land to PFOWA

Split in Senate over allotment of land to PFOWA

A split developed in the Senate Committee on Cabinet Secretariat over the issue of allotment of 10 kanal of land plot by Capital Development Authority (CDA) to Pakistan Foreign Office Women Association and Roots Millennium School.
Published 07 Dec, 2016 12:00am
Air Chief hands over four Mushshak Aircraft to Nigeria

Air Chief hands over four Mushshak Aircraft to Nigeria

Air Chief Marshal Sohail Aman, Chief of the Air Staff Pakistan Air Force (PAF) handed over four Super Mushshak Aircraft to Nigerian Air Force in a ceremony at Nigerian Air Force (NAF) Base Kaduna. The Super Mushshak is equipped with glass cockpit and enha
Published 07 Dec, 2016 12:00am
Sartaj says Pakistan seeks peaceful environment in region

Sartaj says Pakistan seeks peaceful environment in region

Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz Tuesday said that Pakistan's policy of peaceful neighbourhood is aimed at promoting peace and development for the present and future generations of the region. The adviser told the participants
Published 07 Dec, 2016 12:00am
Indian firing victims to get Rs 100 million, National Assembly body told

Indian firing victims to get Rs 100 million, National Assembly body told

The government has announced Rs 100 million compensation package for the victims of Indian troops' unprovoked firing along Line of Control (LoC), as Prime Minister Nawaz Sharif will soon visit Azad Jammu and Kashmir to distribute compensation cheques amon
Published 07 Dec, 2016 12:00am
Government urged to grant bailout package cotton growers
Cotton

Government urged to grant bailout package cotton growers

Pakistan Cotton Ginners Association (PCGA) has urged upon the Government to grant a relief and bailout package to cotton growers and convince them to bring maximum area under cotton crop to make Pakistan self-sufficient in cotton and to save more than Rs
Published 07 Dec, 2016 12:00am
Ministry officials directed to draft comprehensive bill on transplants

Ministry officials directed to draft comprehensive bill on transplants

The National Assembly Standing Committee for Health Services, Regulations and Coordination (HSRC) on Tuesday directed the ministry officials to draft a comprehensive bill on transplantation of human organs and tissues, as this is a sensitive legislation.
Published 07 Dec, 2016 12:00am
Azfar Ahsan joins Board of OPEN Karachi

Azfar Ahsan joins Board of OPEN Karachi

Founding CEO of Nutshell Forum & Founder of Corporate Pakistan Group Muhammad Azfar Ahsan joined Karachi Chapter of OPEN (Organization of Pakistani Entrepreneurs in North America) as Charter & Board Member. Muhammad Azfar Ahsan is a Change Activist, non-p
Published 07 Dec, 2016 12:00am
ADB shows interest in Railways projects

ADB shows interest in Railways projects

The Asian Development Bank (ADB) has shown interest to invest in the ongoing development projects of the Pakistan Railways. In this regard, Federal Minister for Railways and Asian Development Bank representatives will meet on December 7 in the capital cit
Published 07 Dec, 2016 12:00am
ADB shows interest in Railways projects

ADB shows interest in Railways projects

The Asian Development Bank (ADB) has shown interest to invest in the ongoing development projects of the Pakistan Railways. In this regard, Federal Minister for Railways and Asian Development Bank representatives will meet on December 7 in the capital cit
Published 07 Dec, 2016 12:00am
Pakistan's nuclear security credentials highlighted in Vienna moot

Pakistan's nuclear security credentials highlighted in Vienna moot

Foreign Secretary Aizaz Ahmad Chaudhry highlighted Pakistan's nuclear security credentials at the International Ministerial Conference on Nuclear Security in Vienna, Foreign Office said. The Conference was organised by International Atomic Energy Agency (
Published 07 Dec, 2016 12:00am
CTD gets with more powers

CTD gets with more powers

The Sindh government, Home Department has designated the Counter Terrorism Department (CTD), Sindh to have all the powers under Section -11-EE (2) (f) of Anti-Terrorism Act (ATA) 1977 to monitor and keep surveillance over the activities of the persons bor
Published 07 Dec, 2016 12:00am
Media campaign urged for HIV/AIDS awareness

Media campaign urged for HIV/AIDS awareness

A meeting of the Standing Committee on National Health Services, Regulations and Coordination was held, here on Tuesday under the Chairmanship of MNA Khalid Hussain Magsi. The meeting considered the HIV/AIDS (Safety and Control) Bill, 2013 (moved by Dr Az
Published 07 Dec, 2016 12:00am
Seminar on 'Emerging role of Clinical Pharmacist in Pakistan' held

Seminar on 'Emerging role of Clinical Pharmacist in Pakistan' held

A one-day seminar on 'Emerging role of Clinical Pharmacist in Pakistan: A way forward,' was organised by Hamdard Institute Of Pharmaceutical sciences at the Hamdard University Islamabad Campus to design an action plan for pharmacy practice in Pakistan.
Published 07 Dec, 2016 12:00am
Trump urged to nix anti-Islam elements

Trump urged to nix anti-Islam elements

US President-elect Donald Trump should revise his decision to appoint candidates in the new administration who hold adverse views of Muslims, 300 Muslim community leaders and imams in the United States said in an open letter.
Published 07 Dec, 2016 12:00am
KP government to seek law for pre-marriage blood tests

KP government to seek law for pre-marriage blood tests

Chief Minister Khyber Pakhtunkhwa Pervez Khattak while emphasizing the need of community sensitization against the fatal disease of thalassemia has vowed for initiating proper legislation to make pre marriage test compulsory to prevent the disease effecti
Published 07 Dec, 2016 12:00am
EU drops human rights condition for Cuba normalization

EU drops human rights condition for Cuba normalization

European Union countries cleared the way Tuesday for full normalisation of ties with communist Cuba next week by dropping demands for Havana to first improve its human rights record. Cuban and EU officials signed a normalisation deal in March as US Presid
Published 07 Dec, 2016 12:00am
Syria army seizes key ground in Aleppo battle

Syria army seizes key ground in Aleppo battle

Syria's army seized key ground in its battle to retake Aleppo on Tuesday, capturing five more districts including a strategic neighbourhood at the heart of rebel territory. The advance came as Moscow and Washington traded barbs over stalled efforts to end
Published 07 Dec, 2016 12:00am
Gambia election recount awards Barrow slimmer win

Gambia election recount awards Barrow slimmer win

The Gambia's shock election result awarded president-elect Adama Barrow extra votes by mistake but a recount showed he still won outright, the country's electoral commission told AFP Tuesday. Alieu Momar Njie, chairman of the Independent Electoral Commiss
Published 07 Dec, 2016 12:00am
South African court rules against right-to-die

South African court rules against right-to-die

South Africa's Supreme Court of Appeal on Tuesday overturned a ruling that granted a man the right to medically-assisted death and could have opened the way to legalise euthanasia. Last year, the High Court in Pretoria had ruled that a doctor could help r
Published 07 Dec, 2016 12:00am
Last jihadists being hunted down in Sirte

Last jihadists being hunted down in Sirte

Forces loyal to Libya's unity government said Tuesday they were hunting down the last jihadists in the city of Sirte after the Islamic State group's ouster from its former bastion. The loyalists said their soldiers were "chasing the last jihadists hiding
Published 07 Dec, 2016 12:00am
UK court convicts Belgian linked to Brussels, Paris attacks suspect

UK court convicts Belgian linked to Brussels, Paris attacks suspect

A British court on Tuesday convicted a Belgian man living in Birmingham of giving money to Brussels and Paris terror attacks suspect Mohamed Abrini. Zakaria Boufassil handed £3,000 ($3,770, 3,550 euros) in cash to Abrini when the latter visited the city i
Published 07 Dec, 2016 12:00am
Putin approves cyber-security doctrine

Putin approves cyber-security doctrine

Russian President Vladimir Putin on Tuesday signed off on a broad-ranging plan aimed at bolstering the country's defences against cyberattacks from abroad and cracking down on perceived foreign influence. The Kremlin's new "information security doctrine"
Published 07 Dec, 2016 12:00am
British Prime Minister joins Gulf summit for post-Brexit trade talks

British Prime Minister joins Gulf summit for post-Brexit trade talks

British Prime Minister Theresa May was to join Gulf Arab leaders at a summit in Bahrain on Tuesday for talks on trade after Britain's exit from the European Union. Defence ties are also expected to figure high on the agenda as Britain builds a new naval b
Published 07 Dec, 2016 12:00am
Trump says new Air Force One too costly: 'Cancel order!'

Trump says new Air Force One too costly: 'Cancel order!'

President-elect Donald Trump called Tuesday for the cancellation of a multi-billion dollar Boeing contract to build the next Air Force One, calling the ballooning costs "ridiculous." "Boeing is building a brand new 747 Air Force One for future presidents,
Published 07 Dec, 2016 12:00am
Sick abandoned in crippling Kenyan doctors' strike

Sick abandoned in crippling Kenyan doctors' strike

Sick Kenyans were turned away from hospitals and patients left stranded in their wards as a crippling strike by doctors and nurses demanding pay rises entered a second day Tuesday. Several patients have died as a result of lack of care in public hospitals
Published 07 Dec, 2016 12:00am
Main rail link to Paris' CDG airport out of action

Main rail link to Paris' CDG airport out of action

Air travellers faced a scramble to catch flights at Paris' Charles de Gaulle airport Tuesday after an accident on the rail link to the city centre put the line out of action for the whole day. Traffic on the RER B commuter line was blocked to and from Par
Published 07 Dec, 2016 12:00am
Asian countries dominate, science teaching criticised in PISA survey

Asian countries dominate, science teaching criticised in PISA survey

Asian countries dominated the top places in a key survey released Tuesday of high-school skills, but the report criticised science teaching in many countries. The PISA survey of 15-year-olds in 72 countries and economies found that the quality of science
Published 07 Dec, 2016 12:00am
'Game of Thrones' star Vaughan dies

'Game of Thrones' star Vaughan dies

British actor Peter Vaughan, best known for his role as Maester Aemon in hit television series "Game of Thrones", died Tuesday at the age of 93. The character actor had been a recognisable figure on British television screens since the 1950s, but his appe
Published 07 Dec, 2016 12:00am
Iraqi journalist killed in Kirkuk

Iraqi journalist killed in Kirkuk

Gunmen killed the head of a local radio station in the Iraqi city of Kirkuk on Tuesday, the latest in a string of such murders in the troubled country. "Unidentified gunmen driving a white car assassinated Mohammed Thabet al-Obeidi," a Kirkuk police colon
Published 07 Dec, 2016 12:00am
Batsmen, bowlers camp from December 13

Batsmen, bowlers camp from December 13

The National Cricket Academy (NCA) is conducting a two-week Specialized Camp for emerging spin bowlers and batsmen under the supervision of NCA elite coaches here at the academy from 13th -till 25th December 2016. As many as 32 players have been shortlist
Published 07 Dec, 2016 12:00am
Argentina referees plan to go on strike

Argentina referees plan to go on strike

Argentina's top referees have called a strike from Thursday to demand better security for officials at matches, jeopardising the country's weekend football programme. Sunday's Buenos Aires derby between River Plate and Boca Juniors could be among the casu
Published 07 Dec, 2016 12:00am
Pakistan Air Force, Army advance in Inter-Services Squash

Pakistan Air Force, Army advance in Inter-Services Squash

Pakistan Air Force and Pakistan Army recorded victories against Pakistan Navy team on the opening day of the Inter-Services Squash Championship, which got under way under the aegis of PAF Sports Control Committee here at PAF Hashim Khan Complex on Tuesday
Published 07 Dec, 2016 12:00am
La Liga wants 3 billion TV audience by 2018

La Liga wants 3 billion TV audience by 2018

La Liga is targeting a global television audience of three billion people by the end of next season, a senior league official told a football conference in Qatar on Wednesday. That would represent more than double the number of fans who tuned in worldwide
Published 07 Dec, 2016 12:00am
KP Snooker Championship enters into quarters

KP Snooker Championship enters into quarters

The 29th Khyber Pakhtunkhwa Snooker Championship entered into quarter-finals being played at three different venues where in more than 32 matches of the Pre-Quarter-finals decided on Tuesday. A young-gun Awais Ahmad from Hazara shocked Nouman Awan of Pesh
Published 07 Dec, 2016 12:00am
Warner century as Aussies reclaim series over kiwis

Warner century as Aussies reclaim series over kiwis

David Warner slammed his sixth one-day century of the year to lead Australia to a crushing 116-run victory and reclaim the Chappell-Hadlee Trophy series off New Zealand on Tuesday. Warner smashed 119 off 115 balls to propel the Australians to an imposing
Published 07 Dec, 2016 12:00am
Bangladesh recall Rubel for New Zealand tour

Bangladesh recall Rubel for New Zealand tour

Bangladesh have recalled paceman Rubel Hossain for injured fast bowler Mohammad Shahid in their squad for the forthcoming tour of New Zealand, a team official said on Tuesday. Rubel last played for the national team during the home series against Afghanis
Published 07 Dec, 2016 12:00am
Master Paints, Terra Energy earn victories in Magic River Polo

Master Paints, Terra Energy earn victories in Magic River Polo

Master Paints and Terra Energy carved out sensational victories against their respective opponents in the Magic River Polo Cup 2016 opening matches played here at the Lahore Polo Club on Tuesday. In the first match of the day, Master Paints played well ag
Published 07 Dec, 2016 12:00am
Federer, Serena skip IPTL over India cash crunch

Federer, Serena skip IPTL over India cash crunch

Tennis stars Roger Federer and Serena Williams have both pulled out of an exhibition tournament in India next week as a result of the country's cash crunch, organisers said Tuesday. The two former world number ones had been the big-name draws of the India
Published 07 Dec, 2016 12:00am
Despite the accent, I feel English: Jennings

Despite the accent, I feel English: Jennings

Batsman Keaton Jennings was born and bred in South Africa and captained the Proteas under-19s but insisted Tuesday ahead of his expected England debut that he feels "very English". The 24-year-old opener is tipped to make his international bow for his ado
Published 07 Dec, 2016 12:00am
Aussie dips, kiwi steadies

Aussie dips, kiwi steadies

The Australian dollar dipped on Tuesday after the Reserve Bank of Australia kept rates on hold at its monthly policy meeting, but sounded cautious on economic growth after a run of soft data pointed to a possible contraction last quarter. The Aussie dolla
Published 07 Dec, 2016 12:00am
Sterling hits two-month high
Currency

Sterling hits two-month high

Sterling hit a two-month high against the dollar on Tuesday as investors bet the British government would lose its battle to begin the formal process for leaving the European Union without parliamentary approval. The government has appealed to the Supreme
Published 07 Dec, 2016 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 78.79-78.80 (previous 78.78-78.80).
Published 07 Dec, 2016 12:00am
Renewed risk appetite, weak dollar support Asia FX
Currency

Renewed risk appetite, weak dollar support Asia FX

Most emerging Asian currencies gained on Tuesday as risk sentiment improved after the euro rebounded when market participants took a view that the selloff after Italy's reform referendum was excessive. Regional currencies found further short-term support
Published 07 Dec, 2016 12:00am
Yuan rises to three-week high
Currency

Yuan rises to three-week high

China's yuan rose to the highest level in nearly three weeks against the US dollar on Tuesday, led by the central bank's stronger fix as authorities took the opportunity of a weaker greenback to consolidate efforts to support its battered currency. Based
Published 07 Dec, 2016 12:00am
Euro jumps in New York
Currency

Euro jumps in New York

The euro jumped against the US dollar on Monday after Italian Prime Minister Matteo Renzi's loss in a referendum over constitutional reform, a defeat that traders had widely expected. Renzi is set to resign on Monday after the decision. The size of the "N
Published 07 Dec, 2016 12:00am
Early trade in New York: Euro slips from three-week highs
Currency

Early trade in New York: Euro slips from three-week highs

The euro held slightly below three-week highs against the US dollar on Tuesday, following a strong rally on Monday, as investors waited on Thursday's highly anticipated European Central Bank (ECB) meeting. The euro gained on Monday after Italian Prime Min
Published 07 Dec, 2016 12:00am
Euro lower in Europe
Currency

Euro lower in Europe

The euro retreated from a 3-week high on Tuesday while bets on market volatility stayed close to their highest since June's Brexit vote ahead of this week's European Central Bank meeting on its quantitative easing programme. The Australian dollar was the
Published 07 Dec, 2016 12:00am
Euro steadies in Asia
Currency

Euro steadies in Asia

The euro steadied on Tuesday, having bounced from a near 21-month low set the previous day after Italian Prime Minister Matteo Renzi's loss in a referendum over constitutional reform, an outcome that traders had widely expected. Renzi announced on Monday
Published 07 Dec, 2016 12:00am
Brazil real slips
Currency

Brazil real slips

The Brazilian real slipped on Tuesday as a Supreme Court decision to oust the Senate's president raised concerns over potential delays in the approval of austerity measures to curb the country's massive fiscal deficit. Justice Marco Aurelio de Mello remov
Published 07 Dec, 2016 12:00am
Britain's mid-caps lag FTSE as spreadbetters tumble

Britain's mid-caps lag FTSE as spreadbetters tumble

Britain's mid-caps underperformed bluechip peers on Tuesday, as spreadbetting firms' stocks tumbled after regulators announced a planned crackdown on some of their products. Britain's financial watchdog proposed tougher rules for retail financial spread b
Published 07 Dec, 2016 12:00am
Australian, New Zealand shares rise

Australian, New Zealand shares rise

Australian shares rallied on Tuesday, with financials and materials leading, following the latest in a string of upbeat data that showed further strength in the US economy. Wall Street rose overnight after US services sector activity hit a one-year high i
Published 07 Dec, 2016 12:00am
Sri Lankan shares slip

Sri Lankan shares slip

Sri Lankan shares ended slightly weaker on Tuesday, ending a four-session run of gains, to slip from a near three-week high as investors booked profits, brokers said. The Colombo stock index ended 0.28 percent or 17.72 points down at 6,350.40, slipping fr
Published 07 Dec, 2016 12:00am
Utilities lead European shares higher, Italian banks rally

Utilities lead European shares higher, Italian banks rally

European shares extended gains on Tuesday, with the utilities sector leading the market higher after British power producer Drax Group Plc announced it plans to buy an energy supplier and four gas power plant projects. Among mid-caps, Britain's spreadbett
Published 07 Dec, 2016 12:00am
China stocks down, Shenzhen shares outperform

China stocks down, Shenzhen shares outperform

China stocks edged lower on Tuesday, as investors contemplated the possible repercussions on trade from scathing comments by a top securities regulator about "barbaric" takeovers. The bluechip CSI300 index fell 0.3 percent, to 3,459.15 points, while the S
Published 07 Dec, 2016 12:00am
Indian shares soar
Currency

Indian shares soar

Indian shares ended higher for a second straight session on Tuesday, a day before the Reserve Bank of India's monetary policy meeting, as expectations of an interest rate cut aided sentiment. The RBI's recently formed Monetary Policy Committee is forecast
Published 07 Dec, 2016 12:00am
Taiwan stocks gain

Taiwan stocks gain

Taiwan stocks rose on Tuesday taking its cues from gains in Asian stocks and led by technology heavyweights such as Taiwan Semiconductor Manufacturing Co Ltd (TSMC). The main TAIEX index rose 1.3 percent to 9,277.32 points as of 0139 GMT, hovering around
Published 07 Dec, 2016 12:00am
Most Southeast Asian stocks up

Most Southeast Asian stocks up

Most Southeast Asian stock markets edged up in lacklustre trade on Tuesday in the absence of any market-moving news, while Bangkok gained nearly 1 percent on weak oil prices. Other Asian stocks posted their biggest rise in two weeks on Tuesday, following
Published 07 Dec, 2016 12:00am
Hong Kong stocks rise

Hong Kong stocks rise

Hong Kong stocks joined many other markets in rising on Tuesday, more than erasing losses incurred the previous day after Italians rejected a referendum on reforms. But Tuesday's gains were limited as investors poured less-than-expected amounts into the H
Published 07 Dec, 2016 12:00am
Wall Street rises, buoyed by economic data; Dow sets high

Wall Street rises, buoyed by economic data; Dow sets high

Wall Street rose on Monday, with the Dow Jones industrials setting fresh record highs, as services sector data gave further evidence of strength in the domestic economy. US services sector activity hit a one-year high in November, with a surge in producti
Published 07 Dec, 2016 12:00am
Tuesday's midday trade: stocks little changed

Tuesday's midday trade: stocks little changed

US stocks were little changed on Tuesday, as gains in telecom services were offset by losses in energy stocks following a drop in oil prices. Brent crude prices fell over 2 percent, the first decline in five days, after data showed an increase in output f
Published 07 Dec, 2016 12:00am
Tokyo stocks up

Tokyo stocks up

Tokyo stocks rebounded Tuesday after strong US economic data powered Wall Street to another record close a day after it was hit by Italy uncertainty. "The favourable ISM non-manufacturing data from the US will once again breathe life into stocks," said To
Published 07 Dec, 2016 12:00am
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