BR100 Increased By (1.77%)
BR30 Increased By (1.96%)
KSE100 Increased By (1.59%)
KSE30 Increased By (1.65%)
BECO 5.62 Increased By ▲ 0.04 (0.72%)
BML 59.50 Decreased By ▼ -1.72 (-2.81%)
BOP 34.55 Increased By ▲ 0.87 (2.58%)
CNERGY 8.10 Increased By ▲ 0.02 (0.25%)
DCL 12.06 Increased By ▲ 0.42 (3.61%)
FCCL 54.40 Increased By ▲ 2.26 (4.33%)
FCSC 5.50 Decreased By ▼ -0.13 (-2.31%)
FFL 18.03 Increased By ▲ 0.02 (0.11%)
FNEL 1.33 Decreased By ▼ -0.02 (-1.48%)
HUMNL 11.02 Decreased By ▼ -0.02 (-0.18%)
KEL 8.05 Increased By ▲ 0.21 (2.68%)
KOSM 5.93 Increased By ▲ 0.20 (3.49%)
MLCF 90.70 Increased By ▲ 4.19 (4.84%)
NBP 191.00 Increased By ▲ 6.70 (3.64%)
PACE 11.50 Decreased By ▼ -0.15 (-1.29%)
PAEL 41.26 Increased By ▲ 1.30 (3.25%)
PIAHCLA 25.75 Increased By ▲ 0.08 (0.31%)
PIBTL 17.52 Increased By ▲ 0.25 (1.45%)
PPL 226.70 Increased By ▲ 4.03 (1.81%)
PRL 34.70 Increased By ▲ 0.24 (0.7%)
PTC 64.60 Increased By ▲ 0.86 (1.35%)
SEARL 91.50 Increased By ▲ 1.04 (1.15%)
SSGC 26.98 Increased By ▲ 0.31 (1.16%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 69.10 Increased By ▲ 0.63 (0.92%)
TPLP 10.85 Decreased By ▼ -0.35 (-3.13%)
TREET 24.64 Decreased By ▼ -0.06 (-0.24%)
TRG 69.40 Decreased By ▼ -1.19 (-1.69%)
WAVES 11.24 Increased By ▲ 0.13 (1.17%)
WTL 1.29 Increased By ▲ 0.02 (1.57%)
اردو
Android App
Print Edition Dollar to PKR
Budget 2026-27 Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices
Archive - 2016-12-13
Oil prices edge off earlier gains, awaiting supply figures
Energy

Oil prices edge off earlier gains, awaiting supply figures

NEW YORK: Oil prices edged off earlier gains to end Tuesday nearly unchanged, as the support from OPEC's plan to limit production were undercut by an energy watchdog's assessment of how much those nations are currently producing.
Published 13 Dec, 2016 09:13pm
Gold eases as US Fed meets, global stock indexes rise
Commodities

Gold eases as US Fed meets, global stock indexes rise

NEW YORK/LONDON: Gold edged lower on Tuesday, losing its luster as the Federal Reserve began its two-day meeting during which it is expected to deliver the second US interest rate hike in a decade and provide some insight into its outlook for 2017.
Published 13 Dec, 2016 09:12pm
Battle of Aleppo ends after years of bloodshed with rebel withdrawal
Pakistan Top News

Battle of Aleppo ends after years of bloodshed with rebel withdrawal

BEIRUT/GENEVA: Rebel resistance in the Syrian city of Aleppo ended on Tuesday after years of fighting and months of bitter siege and bombardment that culminated in a bloody retreat, as insurgents agreed to withdraw in a ceasefire.
Published 13 Dec, 2016 09:09pm
IS claims deadly Cairo church bombing
Middle East

IS claims deadly Cairo church bombing

CAIRO: The Islamic State group claimed responsibility for a bomb attack on a Cairo church that killed 25 people, in a statement circulated on social media on Tuesday.
Published 13 Dec, 2016 08:38pm
EU to overhaul jobless benefits for foreigners
Europe

EU to overhaul jobless benefits for foreigners

STRASBOURG: The European Commission on Tuesday proposed to overhaul rules on benefits for EU migrants in a bid to quell rising anti-immigration sentiment in Europe after the shock Brexit vote.
Published 13 Dec, 2016 08:36pm
EU says won't expand Turkey membership talks
Europe

EU says won't expand Turkey membership talks

BRUSSELS: The EU said Tuesday it would open no new areas in Turkey's membership talks in the "prevailing circumstances" because of concerns about Ankara's post-coup crackdown.
Published 13 Dec, 2016 08:26pm
US wants observers to oversee Aleppo evacuation
North America

US wants observers to oversee Aleppo evacuation

UNITED NATIONS: The United States on Tuesday called for international observers to be allowed in Aleppo to oversee the evacuation of civilians following reports that Syrian forces had executed people during house-to-house searches.
Published 13 Dec, 2016 08:23pm
US cancels weapons transfers to Saudi over Yemen campaign
Pakistan Top News

US cancels weapons transfers to Saudi over Yemen campaign

WASHINGTON: The White House has blocked the transfer of precision munitions to ally Saudi Arabia, amid anger about the civilian death toll from the kingdom's bombing campaign in Yemen.
Published 13 Dec, 2016 08:22pm
CPEC to bring socio-economic development in country: Ahsan
Front Top News

CPEC to bring socio-economic development in country: Ahsan

ISLAMABAD: Minister for Planning, Development and Reforms Ahsan Iqbal Tuesday said China Pakistan Economic Corridor (CPEC) being a game changer project, would bring equally socio-economic uplift in all provinces of the country.
Published 13 Dec, 2016 08:20pm
Zubair welcomes PTI's decision to return to Parliament: Zubair
Pakistan Top News

Zubair welcomes PTI's decision to return to Parliament: Zubair

ISLAMABAD: Minister of State for Privatization Muhammad Zubair on Tuesday welcomed the decision of Pakistan Tehreek-i-Insaf (PTI) to return to Parliament as it was the only forum of resolving matters.
Published 13 Dec, 2016 08:14pm
Colombia court approves fast-track peace reforms
World

Colombia court approves fast-track peace reforms

BOGOTA: Colombian judges Tuesday approved special fast-track procedures to implement the government's contested peace accord with leftist FARC rebels which aims to end half a century of conflict.
Published 13 Dec, 2016 08:12pm
PML-N assures to protect rights of KP in CPEC
General News

PML-N assures to protect rights of KP in CPEC

PESHAWAR: Parliamentary leader of PML-N in Khyber Pakhtunkhwa Assembly, Sardar Aurangzeb Nalota Tuesday said the rights of province would be guarded and concerns of its people regarding CPEC would be duly considered.
Published 13 Dec, 2016 08:11pm
Lack of funds threatens malaria progress: WHO
Europe

Lack of funds threatens malaria progress: WHO

LONDON: Global progress on controlling malaria risks stalling due to an "urgent need" for more funding, the World Health Organization (WHO) warned in its annual report on Tuesday.
Published 13 Dec, 2016 08:10pm
Golf: Woods to play at Riviera in February
Sports

Golf: Woods to play at Riviera in February

LOS ANGELES: Tiger Woods on Tuesday confirmed plans to play in February's Genesis Open in Los Angeles, returning to the tournament where he made his PGA Tour debut for the first time in 10 years.
Published 13 Dec, 2016 08:09pm
Argentine president probed for nepotism in tax amnesty
World

Argentine president probed for nepotism in tax amnesty

BUENOS AIRES: Argentine authorities opened an investigation Tuesday into President Mauricio Macri for alleged nepotism in a controversial decree that extended a tax amnesty to his father and other officials' families.
Published 13 Dec, 2016 08:01pm
Pakistan to work closely with new US administration: Fatemi
Pakistan Top News

Pakistan to work closely with new US administration: Fatemi

ISLAMABAD: Special Assistant to the Prime Minister on Foreign Affairs, Syed Tariq Fatemi has stated that Pakistan will work closely with the new US administration led by President-elect Donald Trump.
Published 13 Dec, 2016 07:54pm
Gold falls ahead of US Fed meeting
Commodities

Gold falls ahead of US Fed meeting

LONDON: Gold dipped on Tuesday, losing its lustre ahead of a key two-day meeting of the US Federal Reserve that is expected to deliver the second interest rate rise in a decade.
Published 13 Dec, 2016 07:47pm
Euro zone chides IMF over Greece blog
Europe

Euro zone chides IMF over Greece blog

BRUSSELS: Euro zone officials hit back at the International Monetary Fund on Tuesday for publishing an article on the way forward for Greece's fiscal and economic policy that thrust into the open a row between the lenders over Athens' bailout.
Published 13 Dec, 2016 07:43pm
Dollar steady as traders await clarity on Fed rate hike path
Financial

Dollar steady as traders await clarity on Fed rate hike path

NEW YORK: The US dollar was steady against a basket of major currencies on Tuesday on uncertainty over whether the US Federal Reserve would signal a slow or fast pace of interest rate increases at the end of a closely-watched policy meeting.
Published 13 Dec, 2016 07:37pm
Cumulus Media sues JPMorgan over refinancing plan
Money & Banking

Cumulus Media sues JPMorgan over refinancing plan

NEW YORK: Cumulus Media Inc has sued JPMorgan Chase & Co seeking a court order declaring that the second-largest US radio network is allowed to proceed with a refinancing that it says would deleverage the company by up to $305 million.
Published 13 Dec, 2016 07:36pm
Poland to merge coal miners PGG, KHW in Q1 2017
Energy

Poland to merge coal miners PGG, KHW in Q1 2017

WARSAW: Poland plans to merge its two troubled coal mining companies - PGG and KHW in the first quarter of 2017, as part of its restructuring plan for the industry, deputy energy minister Grzegorz Tobiszowski said on Tuesday.
Published 13 Dec, 2016 07:35pm
C$ strengthens for fifth straight day as oil climbs
Financial

C$ strengthens for fifth straight day as oil climbs

TORONTO: The Canadian dollar strengthened for the fifth straight day against its US counterpart on Tuesday, posting a near eight-week high as higher oil prices offset expected monetary policy divergence between the US and Canada.
Published 13 Dec, 2016 07:27pm
Brazil's Senate begins final debate on spending cap
World

Brazil's Senate begins final debate on spending cap

BRASILIA: Brazilian senators began a final debate session on Tuesday over a 20-year public spending cap proposed by President Michel Temer to control a ballooning budget deficit, a crucial step in his plan to rescue Brazil's stalled economy.
Published 13 Dec, 2016 07:23pm
Asia Fuel Oil-Hedging activity lifts swap values
Energy

Asia Fuel Oil-Hedging activity lifts swap values

SINGAPORE: Values of near-dated 380-cst fuel oil flat price swaps traded on the Intercontinental Exchange (ICE) were higher on Tuesday amid hedging activity by buyers of the fuel who were looking to take advantage of the dip in prices in the previous sess
Published 13 Dec, 2016 07:14pm
Syrian army, Iraqi militia reportedly killing Aleppo civilians: UN
Front Top News

Syrian army, Iraqi militia reportedly killing Aleppo civilians: UN

GENEVA: The United Nations said on Tuesday it had reports that Syrian government troops and allied Iraqi militias had killed civilians in eastern Aleppo, including 82 people in four different neighbourhoods in the last few days.
Published 13 Dec, 2016 06:54pm
Syrian rebel official says full Aleppo truce being discussed
World Top News

Syrian rebel official says full Aleppo truce being discussed

BEIRUT: An official with a Syrian rebel group fighting in Aleppo said on Tuesday that an agreement had been in place with Russia to cease bombardment in the city since Tuesday morning and that there should be a full ceasefire on Tuesday night.
Published 13 Dec, 2016 06:52pm
Trump taps Exxon CEO Tillerson as top US diplomat
North America

Trump taps Exxon CEO Tillerson as top US diplomat

WASHINGTON: US President-elect Donald Trump announced Exxon Mobil Corp Chief Executive Officer Rex Tillerson as his choice for secretary of state on Tuesday, praising him as a successful international dealmaker who leads a global operation.
Published 13 Dec, 2016 06:47pm
UK GAS-Prices rise as outages spur buying
Energy

UK GAS-Prices rise as outages spur buying

LONDON: British wholesale gas prices rebounded on Tuesday afternoon after a series of outages were announced, which raised concerns about supply this week and prompted buying.
Published 13 Dec, 2016 06:47pm
US import prices post largest drop in nine months
World

US import prices post largest drop in nine months

WASHINGTON: US import prices recorded their biggest drop in nine months in November on declining petroleum costs, with renewed dollar strength threatening to keep imported inflation subdued.
Published 13 Dec, 2016 06:40pm
Steps taken to promote Islamic Finance: Dar
Pakistan Top News

Steps taken to promote Islamic Finance: Dar

ISLAMABAD: Finance Minister Mohammad Ishaq Dar here on Tuesday said the government was taking structured policy actions to promote Islamic Banking in the country.
Published 13 Dec, 2016 04:59pm
Pak businessmen invited to Nordic summit
Business & Economy

Pak businessmen invited to Nordic summit

LAHORE: Nordic Pakistan Business Summit (NPBS) will be held at the start of next year in Finland and Pakistani business community must participate in this event as it will provide them a platform to establish new business contacts in Nordic region (Finlan
Published 13 Dec, 2016 03:54pm
FCCI trade delegations aimed at enhancing exports
Business & Economy

FCCI trade delegations aimed at enhancing exports

FAISALABAD: Faisalabad Chamber of Commerce and Industry (FCCI) President Engineer Muhammad Saeed Sheikh Tuesday said that ultimate objective of sending trade delegations was to enhance Pakistani exports and introducing Faisalabad as a safe export destinat
Published 13 Dec, 2016 03:31pm
NAB given one-month span to submit report
General News

NAB given one-month span to submit report

KARACHI: The Sindh High Court (SHC) granted, on NAB request, a period of one-month to the National Accountability Court (NAB) to complete its report against Ghulam Qadir Palijo.
Published 13 Dec, 2016 03:01pm
Sri Lanka keen to promote trade with Pakistan
Business & Economy

Sri Lanka keen to promote trade with Pakistan

ISLAMABAD: High Commissioner of Democratic Socialist Republic of Sri Lanka Major General (r) Jayanath Lokukatagodage Tuesday said Sri Lanka was keen to promote trade with Pakistan as enhanced trade would help in improving living standards of the people of
Published 13 Dec, 2016 02:27pm
UBL Funds awarded by APICTA 2016
Top News

UBL Funds awarded by APICTA 2016

ISLAMABAD: United Bank Limited (UBL) Fund Managers Limited (UBL Funds), an asset management company, has been recognized for its ImPro Application under the category of the Financial Industry Application by APICTA - Asia Pacific ICT Alliance.
Published 13 Dec, 2016 01:39pm
British inflation jumps to 1.2pc
World

British inflation jumps to 1.2pc

LONDON: British annual inflation jumped in November to the highest level in more than two years as a slide in sterling since the Brexit vote lifted fuel costs, data showed Tuesday.
Published 13 Dec, 2016 01:29pm
German investors unfazed by European uncertainty
World

German investors unfazed by European uncertainty

FRANKFURT AM MAIN: Investor confidence in Germany held steady in December despite uncertainty over Italy's troubled banks and upcoming elections in Europe, a leading survey said Tuesday.
Published 13 Dec, 2016 01:12pm
China's market economy benefits domestic, foreign firms
World

China's market economy benefits domestic, foreign firms

SHANGHAI: Although China's market economy status is yet to be recognized by some of the world's major economies, executives of multinationals and China's domestic companies attribute their rapid growth to China's market reform.
Published 13 Dec, 2016 01:07pm
Qatar to cut oil production from January 1
Energy

Qatar to cut oil production from January 1

DOHA: State-owned Qatar Petroleum, one of the largest oil companies in the world, announced on Tuesday that it will reduce production levels from the beginning of next year.
Published 13 Dec, 2016 01:06pm
Indo-Afghan efforts for alienating Pakistan dash to ground
General News

Indo-Afghan efforts for alienating Pakistan dash to ground

ISLAMABAD: The Indo-Afghan overtures to isolate Pakistan at Heart of Asia Conference in New Delhi dashed to ground when key participants like China, Russia and Iran gave a cold shoulder to plethora of allegations against Pakistan in the name of cross-bord
Published 13 Dec, 2016 01:05pm
EU struggles with split over Turkey membership bid
Europe

EU struggles with split over Turkey membership bid

BRUSSELS: The European Union on Tuesday wrestled with a rift over Turkey's EU membership bid after Austria led calls for the accession process to be halted over Ankara's post-coup crackdown.
Published 13 Dec, 2016 12:38pm
Death toll in Syria war rises to 312,000
Middle East

Death toll in Syria war rises to 312,000

BEIRUT: Syria's war has killed just more than 312,000 people since it began in March 2011, over 90,000 of them civilians, the Syrian Observatory for Human Rights monitor said Tuesday.
Published 13 Dec, 2016 12:38pm
Christmas bazaars to be set up from Dec 22
Markets

Christmas bazaars to be set up from Dec 22

LAHORE: Provincial Minister for Human Rights and Minorities Affairs Khalil Tahir Sandhu has said the Punjab government will set up Christmas Bazaars in various locations of the province from December 22 to facilitate the Christian community.
Published 13 Dec, 2016 12:31pm
Market rates of bullion in Lahore
Markets

Market rates of bullion in Lahore

LAHORE: Following bullion rates were received from markets here on Tuesday 2016:%DULLION (PER 10 GRAM)%D%A=====================%D%AGOLD TEZABI-24 CT------42609.
Published 13 Dec, 2016 10:46am
Sterling rises after Hammond argues for staggered Brexit
Financial

Sterling rises after Hammond argues for staggered Brexit

LONDON: Sterling rose on Tuesday as investors awaited British inflation data for November, helped by finance minister Philip Hammond's comments supporting a staggered transition period for the country's exit from the European Union.
Published 13 Dec, 2016 10:35am
Dollar steadies as pre-Fed nerves dominate
Financial

Dollar steadies as pre-Fed nerves dominate

LONDON: The dollar steadied against the yen and euro on Tuesday after its weakest day in a week, with markets still uneasy that a Federal Reserve meeting ending on Wednesday may provoke more investors to cash in the greenback's recent gains.
Published 13 Dec, 2016 10:35am
UniCredit share issue helps lifts banks before Fed meeting
Financial

UniCredit share issue helps lifts banks before Fed meeting

LONDON: Global shares edged up on Tuesday, helped by gains in banks after Italy's largest lender unveiled a 13 billion euro share issue, while the dollar held steady before a Federal Reserve meeting expected to deliver higher interest rates.
Published 13 Dec, 2016 10:27am
Market rates of bullion in Multan
Markets

Market rates of bullion in Multan

MULTAN: Following bullion rates were received from markets here on Tuesday,2016:%DULLION (PER 10 GRAM)%D%A=====================%D%AGOLD TEZABI-24 CT---- 42000.
Published 13 Dec, 2016 09:55am
WB halts arbitration over Indus Water Treaty issues
Front Top News

WB halts arbitration over Indus Water Treaty issues

WASHINGTON: The World Bank has announced a pause in the separate processes initiated by India and Pakistan under the Indus Waters Treaty to allow the two countries to consider alternative ways to resolve their disagreements.
Published 13 Dec, 2016 09:40am
Nisar trashes Indias threat of breaking Pakistan into 10 pieces
Front Top News

Nisar trashes Indias threat of breaking Pakistan into 10 pieces

ISLAMABAD: Pakistans Interior Minister Chaudhry Nisar Ali Khan has expressed his annoyance over provocative statements hurled by Indian officials saying Indias dream of breaking Pakistan into pieces would never succeed.
Published 13 Dec, 2016 09:20am
Wahab to go all out for taming Aussies
Cricket

Wahab to go all out for taming Aussies

Pakistans pacer Wahab Riaz is a bowler of extremes; when he is bad his bowling is all over the place lacking intent or thinking, but when he is good Wahab has the ability to annihilate batting line ups with his lethal pace and bounce.
Published 13 Dec, 2016 09:06am
Hong Kong stocks close slightly higher
Financial

Hong Kong stocks close slightly higher

HONG KONG: Hong Kong shares ended marginally higher Tuesday but gains were limited as investors look ahead to a Federal Reserve policy meeting that is expected to see US borrowing costs increase.
Published 13 Dec, 2016 08:29am
Tokyo's Nikkei ends at year's high before Fed meeting
Financial

Tokyo's Nikkei ends at year's high before Fed meeting

TOKYO: Tokyo's benchmark index on Tuesday ended at its highest level for the year, ahead of a key US central bank meeting, but brewer Asahi dived on talk of its whopping purchase of AB InBev's Eastern European business.
Published 13 Dec, 2016 08:23am
Asian dealers on edge as Fed meeting approaches
Financial

Asian dealers on edge as Fed meeting approaches

HONG KONG: Asian markets mostly fell Tuesday as attention turns to this week's much-anticipated Federal Reserve meeting, while analysts said the recent Trump-fuelled rally may have been overblown.
Published 13 Dec, 2016 08:22am
Ronaldo dethrones Messi as worlds best footballer
Football

Ronaldo dethrones Messi as worlds best footballer

The Real Madrid superstar Cristiano Ronaldo has won the Ballon dOr award for the fourth time, after he led his Portugal side won their solo Euro 2016 title and his club, Real Madrid, grabbed the Champions League.
Published 13 Dec, 2016 08:13am
Oil prices stable, supported as output cuts hit market
Energy

Oil prices stable, supported as output cuts hit market

SINGAPORE: Oil prices were stable on Tuesday, buoyed by soaring demand in Asia and as signs of a crude production cut organised by OPEC and other exporters materialised, tightening a market that has been grappling with years of oversupply.
Published 13 Dec, 2016 07:03am
China's yuan firms as state banks sell retreating dollar
Financial

China's yuan firms as state banks sell retreating dollar

HONG KONG: China's yuan on Tuesday firmed against the US dollar, which state-owned banks sold to support the Chinese currency, while the dollar fell against most major currencies on concerns it may have gained too much ahead of a Federal Reserve meeti
Published 13 Dec, 2016 06:52am
Lost Da Vinci drawing discovered worth 12.6m
Arts

Lost Da Vinci drawing discovered worth 12.6m

A formerly unknown sketch drawn by Leonardo Da Vinci, has just been discovered and valued at 12.6m after being evaluated and was brought to light by a retired French doctor.%D%A%D%A
Published 13 Dec, 2016 06:29am
PIA Chairman Azam Saigol resigns
Front Top News

PIA Chairman Azam Saigol resigns

ISLAMABAD: Pakistan International Airlines (PIA) Chairman Azam Saigol has resigned on Monday due to personal reasons, PIA spokesman Danyal Gilani confirmed the resignation of the PIA chief.
Published 13 Dec, 2016 06:21am
Two die as cyclone hits coastal India
Asia

Two die as cyclone hits coastal India

CHENNAI: Two people were killed Monday after Cyclone Vardah pounded India's southeastern coast at speeds of more than 100 kilometres (62 miles) per hour, forcing thousands to flee their homes.
Published 13 Dec, 2016 05:58am
Indonesia, India pledge closer maritime ties
World Top News

Indonesia, India pledge closer maritime ties

NEW DELHI: The leaders of Indonesia and India pledged greater maritime cooperation Monday, as Asia's two largest democracies sought to counter China's rising influence in the region.
Published 13 Dec, 2016 05:51am
Previous Day