BR100 Increased By (0.18%)
BR30 Decreased By (-0.03%)
KSE100 Increased By (0.16%)
KSE30 Increased By (0.26%)
BECO 5.58 Decreased By ▼ -0.07 (-1.24%)
BML 61.22 Decreased By ▼ -2.66 (-4.16%)
BOP 33.68 Increased By ▲ 0.01 (0.03%)
CNERGY 8.08 Decreased By ▼ -0.06 (-0.74%)
DCL 11.64 Increased By ▲ 0.26 (2.28%)
FCCL 52.14 Decreased By ▼ -0.13 (-0.25%)
FCSC 5.63 Increased By ▲ 0.13 (2.36%)
FFL 18.01 Increased By ▲ 0.29 (1.64%)
FNEL 1.35 Increased By ▲ 0.04 (3.05%)
HUMNL 11.04 Decreased By ▼ -0.14 (-1.25%)
KEL 7.84 Decreased By ▼ -0.02 (-0.25%)
KOSM 5.73 Increased By ▲ 0.09 (1.6%)
MLCF 86.51 Increased By ▲ 0.91 (1.06%)
NBP 184.30 Increased By ▲ 0.68 (0.37%)
PACE 11.65 Decreased By ▼ -0.03 (-0.26%)
PAEL 39.96 Decreased By ▼ -0.31 (-0.77%)
PIAHCLA 25.67 Decreased By ▼ -0.13 (-0.5%)
PIBTL 17.27 Increased By ▲ 0.23 (1.35%)
PPL 222.67 Decreased By ▼ -1.39 (-0.62%)
PRL 34.46 Decreased By ▼ -0.16 (-0.46%)
PTC 63.74 Decreased By ▼ -0.25 (-0.39%)
SEARL 90.46 Increased By ▲ 0.37 (0.41%)
SSGC 26.67 Increased By ▲ 0.07 (0.26%)
TELE 8.91 Decreased By ▼ -0.17 (-1.87%)
THCCL 68.47 Increased By ▲ 1.11 (1.65%)
TPLP 11.20 Decreased By ▼ -0.22 (-1.93%)
TREET 24.70 Decreased By ▼ -0.01 (-0.04%)
TRG 70.59 Decreased By ▼ -0.39 (-0.55%)
WAVES 11.11 Increased By ▲ 0.13 (1.18%)
WTL 1.27 Increased By ▲ 0.01 (0.79%)
Archive - 2016-12-24
Iran nuclear deal powers to meet January 10
North America

Iran nuclear deal powers to meet January 10

BRUSSELS: A high-level commission that oversees Iran's nuclear deal with world powers will meet in Vienna on January 10 to address a complaint by Teheran about the renewing of sanctions by the United States.
Published 24 Dec, 2016 02:41pm
Zhenkai Xia - iPhonography 2016, People
Featured Photos

Zhenkai Xia - iPhonography 2016, People

Entry From iPhonography Contest 2016%D%APhoto Credit : Zhenkai Xia%D%AI was filming some empty lens reflex for my documentary on the riverbank of the Indian Ganges River, then happened to see this man who was bathing in the river and immediately use my mo
Published 24 Dec, 2016 01:48pm
Fugen Xiao - iPhonography 2016, Travel
Featured Photos

Fugen Xiao - iPhonography 2016, Travel

Entry From iPhonography Contest 2016%D%APhoto Credit : Fugen Xiao %D%A"This picture shows harmonious scenery of an old couple who started working early in the morning when the sun shined a light in Xiapu, Fujian Province.
Published 24 Dec, 2016 01:46pm
Junfeng Wang - iPhonography 2016, Nature
Featured Photos

Junfeng Wang - iPhonography 2016, Nature

Entry From iPhonography Contest 2016%D%APhoto Credit : Junfeng Wang%D%AIt was during sunset in White Sand National Monument, New Mexico.
Published 24 Dec, 2016 01:44pm
Robin Robertis - iPhonography 2016, Landscape
Featured Photos

Robin Robertis - iPhonography 2016, Landscape

Entry From iPhonography Contest 2016%D%APhoto Credit : Robin Robertis%D%AI was on a iPhone workshop and reunion with a friend and teacher in Cape Cod.
Published 24 Dec, 2016 01:41pm
Jian Wang - iPhonography 2016, Architecture
Featured Photos

Jian Wang - iPhonography 2016, Architecture

Entry From iPhonography Contest 2016%D%APhoto Credit : Jian Wang%D%AThe photo China Red was taken in Beijing Olympic Park, in front of this traditional Chinese red wall.
Published 24 Dec, 2016 01:36pm
Jinsong Hu - iPhonography 2016, Abstract
Featured Photos

Jinsong Hu - iPhonography 2016, Abstract

Entry From iPhonography Contest 2016%D%APhoto Credit : Jinsong Hu%D%AI took this photo at the Tibetan area in the Western Sichuan province last year.
Published 24 Dec, 2016 01:33pm
Erica Wu - iPhonography 2016, Animals
Featured Photos

Erica Wu - iPhonography 2016, Animals

Photo Credit : Erica Wu %Dntry From iPhonography Contest 2016%D%A%D%AI started traveling around Japan 3 years ago and have visited all 47 prefectures to discover all kinds of animal spots, including cat islands, cat temples, zoos and farms.
Published 24 Dec, 2016 01:28pm
K K - iPhonography 2016, Children
Featured Photos

K K - iPhonography 2016, Children

Photo Credit : Kay Kae%Dntry From iPhonography Contest 2016%D%AThe photo was shot in Harbin City, Heilongjiang Province in China.
Published 24 Dec, 2016 01:26pm
Three killed as thick blanket of fog covers major parts of Pakistan
Pakistan Top News

Three killed as thick blanket of fog covers major parts of Pakistan

%D%AISLAMABAD: The provinces of Punjab, Khyber Pakhtunkhwa (KP) and Sindh remained under heavy fog late Friday and early Saturday, killing at least three people and injuring more than 30 others in different fog-related incidents.
Published 24 Dec, 2016 01:24pm
Yuki Cheung - iPhonography 2016, Lifestyle
Featured Photos

Yuki Cheung - iPhonography 2016, Lifestyle

Entry From iPhonography Contest 2016%D%APhoto Credit :Yuki Cheung%D%AI and a group of friends went to Iceland last year, the dream destination for every photographer.
Published 24 Dec, 2016 01:21pm
Rockettes to dance on Trump's big day - if they want to
Life & Style

Rockettes to dance on Trump's big day - if they want to

%D%ANEW YORK: The Radio City Rockettes are lined up to perform at Donald Trump's inauguration next month but the dance troupe was caught off-guard after it emerged that some of its high-kicking showgirls would rather skip the big day.
Published 24 Dec, 2016 12:40pm
Zardari to discuss Rangers raids, Dec 27 plans in informal PPP meeting
Pakistan Top News

Zardari to discuss Rangers raids, Dec 27 plans in informal PPP meeting

KARACHI: Pakistan Peoples Party (PPP) Co-Chairman Asif Ali Zardari has called an informal party meeting on Saturday to discuss prevailing political situation of the country in the aftermath of his return from an 18-month-long self imposed exile in Dubai.
Published 24 Dec, 2016 10:54am
Israel rejects UN settler vote, lashes out at Obama
Front Top News

Israel rejects UN settler vote, lashes out at Obama

%D%AJERUSALEM: Israel lashed out at US President Barack Obama over a UN Security Council resolution passed Friday demanding it halt settlements in Palestinian territory, while vowing it would not abide by it.
Published 24 Dec, 2016 10:11am
Lights Out by Esteban Brocos
Featured Photos

Lights Out by Esteban Brocos

Photo Credit : Esteban Brocoos%Dsteban Brocos is a talented self taught photographer, who was born in Piura-Peru in 1983 and currently based in Panama.
Published 24 Dec, 2016 08:44am
Beautiful Landscape Photography II by Adnan Bubalo
Featured Photos

Beautiful Landscape Photography II by Adnan Bubalo

Photo Credit : Adnan Bubalo%Ddnan Bubalo is a landscape and travel photographer, who was born in Bosnia and Herzegovina and currently lives and works in Lofoten, Norway.
Published 24 Dec, 2016 08:39am
South Korea protesters pushing for Park ouster
Asia

South Korea protesters pushing for Park ouster

SEOUL: Tens of thousands of people were expected to gather in Seoul Saturday for a ninth straight week to demand the immediate ouster of impeached President Park Geun-Hye, organisers said.
Published 24 Dec, 2016 08:34am
Gorgeous Animal Portraits II by Pim Leijen
Featured Photos

Gorgeous Animal Portraits II by Pim Leijen

%D%APim Leijen is a professional nature photographer from The Netherlands, who shoots a lot of wildlife, landscape and animal photography.
Published 24 Dec, 2016 08:32am
Jordan praises 'historic' UN Israel settlement vote
Front Top News

Jordan praises 'historic' UN Israel settlement vote

AMMAN: Jordan on Saturday welcomed the "historic" UN Security Council resolution demanding a halt to Israeli settlements, saying the momentous vote paved a way for a two-state solution.
Published 24 Dec, 2016 08:29am
Qatargas says starts up Laffan Refinery 2
Energy

Qatargas says starts up Laffan Refinery 2

DUBAI: Qatargas, the world's largest LNG producer, said on Saturday it has started commercial operations at the Laffan Refinery 2 condensate splitter, according to a statement.
Published 24 Dec, 2016 08:18am
Visually Stunning Photography II by Ben Torode
Featured Photos

Visually Stunning Photography II by Ben Torode

Photo Credit : Ben Torode%Den Torode is a talented photographer and translator from Adelaide, South Australia who currently lives and works in Tokyo, Japan.
Published 24 Dec, 2016 08:13am
Bundesbank brings home gold faster than planned
Money & Banking

Bundesbank brings home gold faster than planned

FRANKFURT: Germany's Bundesbank has this year taken back more of its gold than planned as it moves toward hoarding half of the world's second-largest reserve at home, Bundesbank President Jens Weidmann told German daily Bild.
Published 24 Dec, 2016 07:19am
Del Potro out of Australian Open
Sports

Del Potro out of Australian Open

WELLINGTON: On-going fitness issues have forced Juan Martin del Potro out of next month's Australian Open and his planned warm up event in New Zealand, organisers of the Auckland Classic announced Saturday.
Published 24 Dec, 2016 06:57am
Kyrgios 'prepared for comeback after ban'
Sports

Kyrgios 'prepared for comeback after ban'

SYDNEY: Australia's Nick Kyrgios said Saturday he was ready for scrutiny at next month's Australian Open, as the volatile star prepares for his comeback after a playing ban.
Published 24 Dec, 2016 06:56am
Theresa May urges post-Brexit vote unity in 2017
Europe

Theresa May urges post-Brexit vote unity in 2017

LONDON: British Prime Minister Theresa May urged the country to come together in 2017 after a year of bitter divisions exposed by the Brexit referendum, in her first Christmas message released Saturday.
Published 24 Dec, 2016 06:49am
China fines GM unit $29mn for 'price-fixing'
Industry

China fines GM unit $29mn for 'price-fixing'

BEIJING: Beijing has fined the Chinese unit of General Motors nearly $29 million for "infringing on the rights of consumers and its competitors" via price-fixing, Shanghai authorities said.
Published 24 Dec, 2016 06:45am
Fourteen dead in 'horrific' Malaysian bus crash
Asia

Fourteen dead in 'horrific' Malaysian bus crash

KUALA LUMPUR: An interstate bus in Malaysia carrying passengers from Singapore and Myanmar careered off a highway early Saturday, killing 14 people and injuring 16 others, officials said.
Published 24 Dec, 2016 06:42am
Korean envoy appreciates PNCA for screening movie

Korean envoy appreciates PNCA for screening movie

Ambassador of Korea Dr Suh Dong-gu Friday said that he wants to put more emphasis on the cultural exchanges, terming it a key catalyst in promotion of mutual understanding between the people of Pakistan and Korea. In his remarks on the occasion of screeni
Published 24 Dec, 2016 12:00am
Chinese team meets CM Sindh

Chinese team meets CM Sindh

A Chinese high power delegation met Sindh Chief Minister Syed Murad Ali Shah at Chief Minister House Friday and discussed security of Chinese working in Sindh on CPEC and other projects. The CM Sindh also discussed with Chinese delegation about incorporat
Published 24 Dec, 2016 12:00am
Opposition stages walkout against PIA's 'callousness'

Opposition stages walkout against PIA's 'callousness'

The joint opposition in the Senate Friday staged a walkout in protest against the 'callousness' of Pakistan International Airlines after it was revealed that PIA officials are concealing information from the Parliament about recent plane crash near Haveli
Published 24 Dec, 2016 12:00am
PAD decides to implement IPM technology
Cotton

PAD decides to implement IPM technology

The Punjab Agriculture Department has decided to implement an 'Integrated Pest Management' (IPM) technology to save the crops from pest attacks. Decision to this effect was taken in a meeting of the provincial task force on agriculture which held here on
Published 24 Dec, 2016 12:00am
'PBTA's organisational structure being strengthened'

'PBTA's organisational structure being strengthened'

With a view to make the Punjab Blood Transfusion Authority (PBTA) vibrant and more effective, the organisational structure of the Authority is being strengthened and an effective system is being evolved for inspection of registration and licensing of bloo
Published 24 Dec, 2016 12:00am
LHC seeks reply in response to plea against Lahore mayor

LHC seeks reply in response to plea against Lahore mayor

Lahore High Court Chief Justice Syed Mansoor Ali Shah on Friday sought replies from the election commission and others till January 16 in a petition challenging eligibility of elected mayor of Lahore Colonel Mubashir Javed (Retd). The petitioner submitted
Published 24 Dec, 2016 12:00am
VimpelCom opens GSS Center in Islamabad

VimpelCom opens GSS Center in Islamabad

VimpelCom Ltd, a leading global provider of telecommunications and digital services headquartered in Amsterdam and serving over 200 million customers, announced the opening of Global Services Pakistan in Islamabad, one of three new Global Shared Services
Published 24 Dec, 2016 12:00am
Descon launches its new website

Descon launches its new website

Descon unveils an innovative interactive platform by launching its website; www.descon.com. The launch of the new website is a part of the Descon brand and business impact programme to meet the changing digital capability within the industry. The updated
Published 24 Dec, 2016 12:00am
Journalists highlight 'Breaking News' challenges

Journalists highlight 'Breaking News' challenges

At the "National Consultative Dialogue on the Safety of Journalists,: Press Clubs' representatives from across Pakistan were of the opinion that the rush for breaking news combined with the unprofessional attitude of editors, newsroom personnel and media
Published 24 Dec, 2016 12:00am
Delegation from Qingdao University meets VC UVAS

Delegation from Qingdao University meets VC UVAS

Chinese delegation from Qingdao Agriculture University called on vice chancellor University of Veterinary and Animal Sciences (UVAS) Professor Doctor Talat Naseer Pasha on Friday. The delegation comprised of College of International Education Professor Co
Published 24 Dec, 2016 12:00am
Mushtaq Raisani's remand extended till January 4

Mushtaq Raisani's remand extended till January 4

Accountability Court headed by Abdul Majeed Khan Nassar extended judicial remand of Mushtaq Raisani accused in Balochistan mega Corruption case here on Friday. He has made plea bargain of Rs 2.10 billion with NAB. Hearing against former Adviser Finance Kh
Published 24 Dec, 2016 12:00am
Six gunned down as violence revisits Karachi

Six gunned down as violence revisits Karachi

At least six people were killed in separate incidents of firing in different areas of the city here on Friday. According to police sources, at least three people were killed in a firing incident in Quaidabad Old Muzaffar Colony and Landhi Moeenabad. Two o
Published 24 Dec, 2016 12:00am
Cabinet, Establishment Divisions: IHC seeks regularisation policy

Cabinet, Establishment Divisions: IHC seeks regularisation policy

Islamabad High Court (IHC) Friday sought regularization policy from the Cabinet and Establishment Divisions in the matter of federal contractual and daily wages employees. Justice Athar Minallah passed the order while hearing the identical applications mo
Published 24 Dec, 2016 12:00am
NAB arrests wanted accused from Multan

NAB arrests wanted accused from Multan

The National Accountability Bureau (NAB)-Karachi arrested accused Muhammad Arshad Latif in a raid from Multan. According to a statement here on Friday, accused Latif was wanted in an investigation No 242130 against Directors and Guarantors of M/s Hilton T
Published 24 Dec, 2016 12:00am
Zellbury launches winter collection

Zellbury launches winter collection

Zellbury is a unique and edgy one stop fashion solution for the whole family. Featuring a diverse product line for men, women, kids, home and sports, Zellbury aims to bring the latest trends in eastern and western fashion. With a grand opening spanning fo
Published 24 Dec, 2016 12:00am
Plea bargain only option to get back public money: DG NAB

Plea bargain only option to get back public money: DG NAB

Director General of National Accountability Bureau (NAB) Balochistan Major Tariq Mehmood Malik (Retd) Friday said plea bargain (PB) was the only option to get back the looted money of the people of Balochistan from accused of the mega corruption case. "Th
Published 24 Dec, 2016 12:00am
Birth anniversary of Quaid-e-Azam tomorrow

Birth anniversary of Quaid-e-Azam tomorrow

The 141th birth anniversary of father of the nation Quaid-e-Azam Muhammad Ali Jinnah would be celebrated on Sunday (December 25) throughout the country. Quaid-e-Azam Muhammad Ali Jinnah was born on December 25, 1876in Karachi. The government has announced
Published 24 Dec, 2016 12:00am
Prime Minister, ISI chief discuss national security

Prime Minister, ISI chief discuss national security

Lieutenant General Naveed Mukhtar, new Director General ISI, on Friday called on Prime Minister Nawaz Sharif, in the first such visit since his appointment earlier this month. During the meeting, the DG ISI and the prime minister discussed policy guidelin
Published 24 Dec, 2016 12:00am
RCB expresses solidarity with Christians

RCB expresses solidarity with Christians

Rawalpindi Cantonment Board (RCB) organised a function here Friday to express solidarity with the Christian community on the eve of Christmas. The function was attended among others by President Cantonment Board Brigadier Syed Hassan Raza, Cantonment Exec
Published 24 Dec, 2016 12:00am
Taking care of special children collective responsibility: Jhagra

Taking care of special children collective responsibility: Jhagra

Khyber Pakhtunkhwa Governor Engr Iqbal Zafar Jhagra said that ensuring proper nourishment, care, education and training of special children is the collective responsibility of the society and we need to be more responsive as a nation in this respect.
Published 24 Dec, 2016 12:00am
SMEDA holds awareness seminar for marble & granite sector

SMEDA holds awareness seminar for marble & granite sector

Small and Medium Enterprises Development Authority (SMEDA) in collaboration with the State Bank of Pakistan (SBP) organised a one-day seminar for marble and granite (M&G) sector for creating awareness regarding Refinance Scheme for the modernisation of SM
Published 24 Dec, 2016 12:00am
CoAS visits ISPR

CoAS visits ISPR

Chief of Army Staff (CoAS) General Qamar Javed Bajwa on Friday visited Inter Services Public Relations (ISPR) and interacted with officers and staffers. Outgoing Director General, ISPR, Lieutenant General Asim Saleem Bajwa briefed the CoAS about role and
Published 24 Dec, 2016 12:00am
Rallies held to condemn massacre of Muslims in Syria, Myanmar

Rallies held to condemn massacre of Muslims in Syria, Myanmar

To condemn the ongoing brutal killing of innocent Muslims in Syria and Burma, activists of various religio-political parties on Friday held protest demonstrations and took-out protest rallies across the province, demanding the Muslim Ummah and Pakistani g
Published 24 Dec, 2016 12:00am
KP government has lost 'moral standing' to govern: Muqam

KP government has lost 'moral standing' to govern: Muqam

Advisor to Prime Minister and PML-N leader, Engr. Ameer Muqam has said that PTI led Khyber Pakhtunkhwa government has lost the high moral ground to remain in power in the province, after allegations on former provincial Minister Zia Ullah Afridi.
Published 24 Dec, 2016 12:00am
DSP suspended on charges of contacts with criminals

DSP suspended on charges of contacts with criminals

Inspector General of Police (IGP) Khyber Pakhtunkhwa Nasir Khan Durrani has suspended DSP Saddar Bannu on charges of close contacts with organised criminal groups and anti-social elements with immediate effect and further ordered departmental inquiry agai
Published 24 Dec, 2016 12:00am
Reporting on Human Rights Pakistan Media Guide launched

Reporting on Human Rights Pakistan Media Guide launched

Country Representative Democracy Reporting International (DRI), Hassan Nasir Mirbahar while launching "Reporting on Human Rights Pakistan Media Guide," here on Friday has said Generalised Scheme of Preferences Plus is not only for improvement of the econo
Published 24 Dec, 2016 12:00am
UAF arranges seminar on hepatitis

UAF arranges seminar on hepatitis

The University of Agriculture Faisalabad (UAF) on Friday arranged a seminar on raising hepatitis awareness among the school and college children for healthier future. The seminar was arranged by UAF Department of Bio Chemistry, Office of Research and Labo
Published 24 Dec, 2016 12:00am
Pakistan, Uzbekistan to work together to eliminate extremism: President

Pakistan, Uzbekistan to work together to eliminate extremism: President

President Mamnoon Hussain Friday said Pakistan and Uzbekistan would work together to eliminate extremism. According to a President's Media Wing press release issued here, the president expressed these views while talking to Deputy Prime Minister of Uzbeki
Published 24 Dec, 2016 12:00am
KP government rejects corrpution allegations

KP government rejects corrpution allegations

Advisor to Chief Minister on Information and Higher Education, Mushtaq Ahmed Ghani has denied the claims by PML-N led federal government and reports appearing in national media regarding the award of a multi-billion rupees ad-contract of print and electro
Published 24 Dec, 2016 12:00am
Channel-24 licence suspended for 7 days

Channel-24 licence suspended for 7 days

Pakistan Electronic Media Regulatory Authority (PEMRA) Friday suspended Channel-24 licence for seven days starting from December 27. The decision in this regard was taken at a meeting chaired by PEMRA Chairman Absar Alam for airing a false and unverified
Published 24 Dec, 2016 12:00am
Inter-religious dialogue: UNGA adopts Pak-sponsored resolution

Inter-religious dialogue: UNGA adopts Pak-sponsored resolution

The UN General Assembly has passed a resolution, by consensus, on promoting inter-religious and intercultural dialogue to advance a culture of peace and non-violence based on education, tolerance, dialogue and co-operation in the world.
Published 24 Dec, 2016 12:00am
PAPC work on peace building in Punjab PA to contribute to NAP

PAPC work on peace building in Punjab PA to contribute to NAP

Punjab Assembly Peace Committee (PAPC) on Friday held a press conference at Lahore Press Club to brief about the PAPC work for peace building within the Punjab Assembly. Peace Committee members have raised seven relevant questions and resolutions in the A
Published 24 Dec, 2016 12:00am
13 flights cancelled at Allama Iqbal airport

13 flights cancelled at Allama Iqbal airport

Nearly 13 flights were cancelled while another six delayed at the Allama Iqbal International Airport on Friday owing to technical faults and weather conditions. According to the flight enquiry sources, the Lahore-Karachi bound PK-415, Karachi-Lahore bound
Published 24 Dec, 2016 12:00am
KBP urges government to start construction of dams

KBP urges government to start construction of dams

The Kisan Board Pakistan (KBP) has urged the government to immediately start construction of dams that would not only assist in solving energy crisis, faced by the country, but also provide water for agriculture. KBP Central President Chaudhry Nisar Ahmad
Published 24 Dec, 2016 12:00am
WWF-Pakistan, Leonine Global Sports join hands to protect snow leopard

WWF-Pakistan, Leonine Global Sports join hands to protect snow leopard

In order to conserve and protect the declining population of snow leopards in country, WWF-Pakistan and Leonine Global Sports, the parent company of Islamabad United, signed a Memorandum of Understanding (MoU) WWF-Pakistan's head office here the other day
Published 24 Dec, 2016 12:00am
More dengue cases may resurface, warn experts

More dengue cases may resurface, warn experts

In the wake of current weather conditions, experts have warned that fresh cases of dengue patients would continue to surface till mid January 2017. During the current year, as many as 2,582 confirmed dengue patients have been reported, whereas 2,313 dengu
Published 24 Dec, 2016 12:00am
Traders see new areas of cooperation with Bosnia

Traders see new areas of cooperation with Bosnia

The business community of Southern Punjab was optimistic that Pakistan and Bosnia will explore new areas of co-operation, besides co-operation in power generation, trade, business and investment sectors. Business community termed the visit of Prime Minist
Published 24 Dec, 2016 12:00am
KBD only solution to country's major problems: speakers

KBD only solution to country's major problems: speakers

Kalabagh Dam is the only solution to three major problems of the country including shortage of electricity, shortage of water and devastation caused by floods. Consensus on this issue was developed at a seminar on "Securing Pakistan's Future through Kalab
Published 24 Dec, 2016 12:00am
160 universities linked with British Council: Hilhorst

160 universities linked with British Council: Hilhorst

Country Director, British Council Pakistan Rose Mary Hilhorst said on Thursday that 160 universities of Pakistan are linked with British Council and all VCs are trained under Leadership Program by Higher Education Commission. She was addressing the 19th C
Published 24 Dec, 2016 12:00am
Network of special X-mas bazaars setup: minister

Network of special X-mas bazaars setup: minister

On the directions of CM Punjab Muhammad Shahbaz Sharif, a network of special Christmas bazaars had been setup across the province to ease the Christian community for the celebrations of happy Christmas and essential commodities are being provided on speci
Published 24 Dec, 2016 12:00am
Marginalized sections of society: Senate body censures ministry

Marginalized sections of society: Senate body censures ministry

Senate Special Committee relating to the marginalised segments of the society has censured the Ministry of Planning, Development and Reforms for not having any policy regarding uplift of the poor people. In its second interim report presented in the Senat
Published 24 Dec, 2016 12:00am
SC disposes of suo motu murder case

SC disposes of suo motu murder case

Disposing of suo motu case on Barrister Fahad Malik's murder, the Supreme Court on Friday asked the parties to seek remedy from the appropriate forum in the matter. Islamabad Police have submitted a detailed report pertaining to investigation and current
Published 24 Dec, 2016 12:00am
Two suspects of 'MQM militant wing' held in Karachi

Two suspects of 'MQM militant wing' held in Karachi

The rangers on Friday arrested two members belonging to Muttahida Qaumi Movement's (MQM) militant wing in Karachi. According to details, the operation was conducted on a tipoff received about the presence of criminal elements in Garden area.
Published 24 Dec, 2016 12:00am
SBP governor urged to grant 100 percent pension commutation

SBP governor urged to grant 100 percent pension commutation

Mohammad Riaz, a former Treasury Officer, State Bank of Pakistan (SBP) BSC Peshawar has appealed the Governor SBP Mohammad Ashraf Wathra for doing justice in granting 100 percent pension commutation to him. Mohammad Riaz joined SBP in May 1975 and during
Published 24 Dec, 2016 12:00am
Sigamony elected PAS president

Sigamony elected PAS president

Press Association Supreme Court (PAS) Friday unanimously elected Terence J Sigamony, Staff Reporter of the daily The Nation, as President of the Association. The PAS is organisation of the reporters from various TV channels, newspapers and news agencies,
Published 24 Dec, 2016 12:00am
Need to design programmes to promote Quaid's vision: Marriyum

Need to design programmes to promote Quaid's vision: Marriyum

State Minister for Information and Broadcasting Marriyum Aurangzeb has said that educational institutions in general and universities in particular need to design programmes to promote vision of country's Founding Father Quaid-e-Azam Muhammad Ali Jinnah.
Published 24 Dec, 2016 12:00am
Aziz condemns Berlin market attack

Aziz condemns Berlin market attack

Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz Friday condoled with German Foreign Minister Frank-Walter Steinmeier on the recent terrorist incident at a Christmas market in Berlin. In a letter addressed to the German Foreign Minister Frank-
Published 24 Dec, 2016 12:00am
ARL honoured

ARL honoured

Attock Refinery Limited (ARL) was awarded the first prize for "Living the Global Compact Business Excellence 2014-15" in the Large National Category by an International Jury. The UN Global Compact Award acknowledges ARL's commitment towards strategic and
Published 24 Dec, 2016 12:00am
ST, FED evasion by cigarette-maker detected

ST, FED evasion by cigarette-maker detected

Directorate General of Intelligence and Investigation Inland Revenue (IR) has detected evasion of sales tax and federal excise duty (FED) amounting to Rs 41,954,102 by a cigarette manufacturer in Swabi.
Published 24 Dec, 2016 12:00am
Yemen attack survivor appeals for early return

Yemen attack survivor appeals for early return

The lone survivor of the cargo ship that came under attack off the Yemeni coast has made an appeal to Pakistan's Embassy in Yemen to make early arrangements for his return to home.
Published 24 Dec, 2016 12:00am
Hezbollah says Aleppo fall means efforts to oust Assad have 'failed'

Hezbollah says Aleppo fall means efforts to oust Assad have 'failed'

The Syrian army's recapture of Aleppo has put an end to hopes that President Bashar al-Assad's regime could be ousted, the head of Lebanon's powerful Shia movement Hezbollah said Friday. "After Aleppo, one can comfortably say that the goal of regime downf
Published 24 Dec, 2016 12:00am
Turks angry over 'nightmare' IS video of soldiers burned alive

Turks angry over 'nightmare' IS video of soldiers burned alive

Turks reacted angrily Friday on social media to a video released by the Islamic State group purportedly showing two captured Turkish soldiers being burned alive, while awaiting an official reaction from the government. The 19-minute video, showing two uni
Published 24 Dec, 2016 12:00am
'Acute' threat thwarted but terror 'danger' endures: Merkel

'Acute' threat thwarted but terror 'danger' endures: Merkel

German Chancellor Angela Merkel warned Friday of an enduring terror threat, despite the killing of the suspected perpetrator of the Berlin Christmas market attack. "We can be relieved at the end of this week that the acute danger is over," Merkel told rep
Published 24 Dec, 2016 12:00am
Muslim man found dead after speaking to media in restive Myanmar state

Muslim man found dead after speaking to media in restive Myanmar state

The headless body of a Muslim villager has been found days after he spoke to reporters on a rare government-guided media tour of restive northern Rakhine State, Myanmar police said on Friday. Troops have taken control of the dangerous and remote region bo
Published 24 Dec, 2016 12:00am
German prosecutors probe whether attack suspect part of 'network'

German prosecutors probe whether attack suspect part of 'network'

German prosecutors said they were investigating whether the prime suspect in the Berlin Christmas market attack, who was shot dead in Italy Friday, had accomplices. Federal prosecutor Peter Frank told reporters that there were many open questions in the p
Published 24 Dec, 2016 12:00am
Nobody believed Trump would win 'except us': Putin

Nobody believed Trump would win 'except us': Putin

Russia's President Vladimir Putin said Friday that US President-elect Donald Trump accurately read the popular mood in the United States to win the election, although "nobody except us" believed in his success. The US president-elect "precisely felt the m
Published 24 Dec, 2016 12:00am
Putin warms to Trump, flexes muscles on Syria

Putin warms to Trump, flexes muscles on Syria

Russian President Vladimir Putin on Friday appeared to cosy up to US President-elect Donald Trump while asserting his authority as the key powerbroker in Syria. At his annual end-of-year press conference, the confident Kremlin strongman praised Trump for
Published 24 Dec, 2016 12:00am
Mediterranean migrant deaths in 2016 pass 5,000: UN

Mediterranean migrant deaths in 2016 pass 5,000: UN

The number of migrants and refugees who have perished while trying to cross the Mediterranean this year has passed 5,000, the UN said Friday after two more deadly shipwrecks. The latest incidents happened Thursday when an estimated 100 people drowned in t
Published 24 Dec, 2016 12:00am
World-famous diamond inspires new and bloody history

World-famous diamond inspires new and bloody history

Many precious stones have a blood-soaked history, but a new book reveals the world's most famous diamond the Koh-i-Noor surpasses them all, with a litany of horrors that rivals "Game of Thrones". The Koh-i-Noor ("Mountain of Light"), now part of the Briti
Published 24 Dec, 2016 12:00am
Tennis star Kvitova confident of full recovery

Tennis star Kvitova confident of full recovery

Czech tennis star Petra Kvitova on Friday said she was confident of making a full recovery and returning to the court after a knife attack left her needing surgery on her left hand. The 2-time Wimbledon champion suffered severe injuries to her racquet han
Published 24 Dec, 2016 12:00am
Barry's booked berth in 'Pakistan Polo Cup 2016' final

Barry's booked berth in 'Pakistan Polo Cup 2016' final

Barry's booked berth in the 'Shoe Planet Pakistan Polo Cup 2016' main final after outpacing Dollar East by 10-7 in the league match played here at the Lahore Polo Club (LPC) ground on Friday. On the other hand, Dollar East qualified for the subsidiary fin
Published 24 Dec, 2016 12:00am
NBP junior squash championship

NBP junior squash championship

The 5th edition of the NBP All Pakistan National Junior Squash Championship will be commencing from December 25, 2016 here at PAF Hashim Khan Squash Complex. Talking to media former World Champion and Vice President Pakistan Squash Federation (PSF) Qamar
Published 24 Dec, 2016 12:00am
Federer expects injury layoff to prolong playing career

Federer expects injury layoff to prolong playing career

Roger Federer believes his six-month absence due to a knee injury could help prolong his playing career, with the 17-times grand slam winner saying he has enjoyed the break. The 35-year-old Swiss had surgery on his left knee in February and, after missing
Published 24 Dec, 2016 12:00am
Ronaldo calls Syria kids 'the true heroes'

Ronaldo calls Syria kids 'the true heroes'

Cristiano Ronaldo called Syria's long-suffering children "the true heroes" as he joined a campaign to provide food, medicine and psychological help for kids in Aleppo and other war-stricken cities. "Hello, this is for children of Syria. We know that you h
Published 24 Dec, 2016 12:00am
Diego hints to stay at Madrid beyond contract

Diego hints to stay at Madrid beyond contract

Argentine coach Diego Simeone says he could stay at Atletico Madrid beyond his current contract, despite shortening it recently by two years until June 2018, in an interview published Friday. "It will be difficult to find a better team than Atletico in my
Published 24 Dec, 2016 12:00am
Sam, set to be boss at Premier League Club

Sam, set to be boss at Premier League Club

Former England manager Sam Allardyce looks set to be named as the boss at Premier League club Crystal Palace after arriving at their training ground for talks on Friday. Speaking to Sky Sports News outside the club's Beckenham training base, Allardyce sai
Published 24 Dec, 2016 12:00am
Inquiry against Russian suspects for doping

Inquiry against Russian suspects for doping

The International Olympic Committee has launched an inquiry into 28 Russians suspected of tampering with doping samples at the 2014 Sochi Winter Games in a new blow to Russia's efforts to redeem its name. While President Vladimir Putin again denied any st
Published 24 Dec, 2016 12:00am
Plessis appeals against fine

Plessis appeals against fine

South Africa captain Faf du Plessis has had his appeal against a ball tampering fine dismissed, the International Cricket Council (ICC) said on Wednesday. Du Plessis had been fined 100 percent of his match fee last month after being caught on camera durin
Published 24 Dec, 2016 12:00am
Momentum with Pakistan against weary Aussie bowlers

Momentum with Pakistan against weary Aussie bowlers

Pakistan say they have the momentum heading into the Boxing Day Melbourne Test after giving Australia a mighty fright during an epic run-chase in the opening clash of the series. The tourists fell just 39 short of a mammoth 490-run target on the fifth and
Published 24 Dec, 2016 12:00am
Blind T-20 begins at Arbab Niaz Cricket Stadium

Blind T-20 begins at Arbab Niaz Cricket Stadium

The second edition of the Blind Twenty20 Cricket Tournament got under way here at Arbab Niaz Cricket Stadium on Friday. Adviser to the Chief Minister on Technical Education Arshad Umerzai was the chief guest on this occasion and formally inaugurated the t
Published 24 Dec, 2016 12:00am
England star Broad pens new Notts deal

England star Broad pens new Notts deal

England fast bowler Stuart Broad has signed a new 3-year contract with Nottinghamshire, the English county side said on Friday. The 30-year-old moved to Notts ahead of the 2008 season but has featured on a limited basis at first-class level after establis
Published 24 Dec, 2016 12:00am
Kuwait urges FIFA to lift ban

Kuwait urges FIFA to lift ban

The Kuwaiti government on Friday called on FIFA and the International Olympic Committee to temporarily lift a 14-month sports ban while it amends a controversial law. The Gulf state's public sports authority urged football's governing body FIFA and the IO
Published 24 Dec, 2016 12:00am
Officials ban black bat used by Andre Russell

Officials ban black bat used by Andre Russell

Cricket officials Wednesday banned a black bat used by West Indian Andre Russell in Australia's T20 Big Bash League because its color marks the ball. The Sydney Thunder star used the bat with a black blade and pink handle during Tuesday night's opening BB
Published 24 Dec, 2016 12:00am
Yuan falls again
Currency

Yuan falls again

China's yuan weakened against the dollar on Friday as corporate demand for dollars eclipsed the sales by state banks to support the fragile currency. The People's Bank of China set the midpoint rate at 6.9463 per dollar prior to the market opening, weaker
Published 24 Dec, 2016 12:00am
Sri Lankan rupee high
Currency

Sri Lankan rupee high

The Sri Lankan rupee closed higher on Friday as dollar selling by a state-run bank helped the local currency gain in lacklustre trading ahead of a long weekend, amid little demand from importers for the US currency, dealers said. Rupee forwards were activ
Published 24 Dec, 2016 12:00am
Singapore dollar up, won low

Singapore dollar up, won low

The Singapore dollar edged higher on Friday after suspected central bank intervention, though Asian currencies looked wobbly and remained vulnerable amid expectations the US Federal Reserve will pick up the pace of interest rate rises in 2017. The Singapo
Published 24 Dec, 2016 12:00am
Canadian dollar hits three-week low

Canadian dollar hits three-week low

The Canadian dollar tumbled to a three-week low against its US counterpart on Thursday, pressured by domestic inflation data that reminded the market of the risk of further interest rate cuts from the Bank of Canada. Canada's annual inflation slowed in No
Published 24 Dec, 2016 12:00am
Aussie, New Zealand stay low
Currency

Aussie, New Zealand stay low

The Australian and New Zealand dollars stayed near 7-month lows on Friday in thin trading as investors wound down ahead of the Christmas holidays. The Australian dollar was up 0.14 percent at $0.7226, after hitting a trough of $0.7198, a level not seen si
Published 24 Dec, 2016 12:00am
Dollar drifts below, euro firms
Currency

Dollar drifts below, euro firms

The dollar was little changed against a basket of currencies on Thursday, hovering below a 14-year high reached earlier this week as a modest bout of buying emerged following an early round of profit-taking. Traders brushed off mostly upbeat US economic d
Published 24 Dec, 2016 12:00am
Dollar steady in light trade before Christmas
Currency

Dollar steady in light trade before Christmas

The dollar held steady on Friday, lingering about half a percent below a 14-year peak set earlier this week, as traders moved to the sidelines ahead of the Christmas holiday weekend. The greenback will likely test fresh multi-year heights when investors r
Published 24 Dec, 2016 12:00am
Dollar lower in Europe
Currency

Dollar lower in Europe

The dollar headed into the Christmas break on Friday just over half a percent off highs hit after this month's US Federal Reserve meeting, with a handful of second-tier data unlikely to disturb markets already in holiday mode. With Tokyo absent, the dolla
Published 24 Dec, 2016 12:00am
Dollar relaxes in Asia
Currency

Dollar relaxes in Asia

Little was stirring in currency markets on Friday as dealers bedded down for the Christmas holidays, though the mood remains bullish for more dollar gains in the New Year as yield spreads widen in its favour. With Tokyo already absent, the dollar was dozi
Published 24 Dec, 2016 12:00am
Sterling's biggest fall since October

Sterling's biggest fall since October

Sterling headed for its biggest weekly fall in almost three months on Friday, although data showing that the UK economy grew faster than expected in the third quarter helped lift it from a 7-week trough against the dollar. Britain's economy expanded at a
Published 24 Dec, 2016 12:00am
FTSE steadies, RBS and Barclays diverge on US settlement

FTSE steadies, RBS and Barclays diverge on US settlement

Britain's top shares held roughly steady in a shortened session on Friday, with RBS and Barclays heading in opposite directions following the latest developments in a US probe into misselling of mortgage securities. The FTSE 100 ended up 0.1 percent, and
Published 24 Dec, 2016 12:00am
Southeast Asian market falls

Southeast Asian market falls

Most Southeast Asian stock markets fell in thin trade on Friday as Wall Street took a breather from its surge since the US presidential election on the back of declines in retail stocks. US equities posted their first back-to-back daily declines of the mo
Published 24 Dec, 2016 12:00am
Taiwan stocks down

Taiwan stocks down

Taiwan stocks fell on Friday, in line with overseas markets, after the island's central bank warned of growing trade risks. Asian stocks stepped back in subdued trade ahead of the Christmas weekend and Japan markets were shut. Taiwan's central bank left k
Published 24 Dec, 2016 12:00am
European shares sustain, Deutsche rises

European shares sustain, Deutsche rises

European shares edged up on Friday, buoyed by the banking sector after Deutsche Bank and Credit Suisse settled mortgage securities fraud suits with the United States, and as Italy's Monte dei Paschi agreed to a bailout. The STOXX Europe 600 was up 0.1 per
Published 24 Dec, 2016 12:00am
Canada stocks high

Canada stocks high

Canada's main stock index was barely higher in early trade on Thursday as resource stocks broadly gained and financial and consumer names pulled back. In morning, the Toronto Stock Exchange's S&P/TSX composite index was up 15.49 points, or 0.1 percent, at
Published 24 Dec, 2016 12:00am
China stocks down for third week

China stocks down for third week

China stocks ended the week on a bearish note, with the key CSI300 Index hitting a two-month closing low to cap its third straight week of declines, as concerns of tighter regulatory supervision weighed on brokerages and insurers. The bluechip CSI300 Inde
Published 24 Dec, 2016 12:00am
Australian and New Zealand shares high

Australian and New Zealand shares high

Australian shares ended softer on Friday ahead of the Christmas long weekend as lower commodity prices hurt miners, while financial stocks lost traction - pruning some of their earlier gains. The S&P/ASX 200 index lost 0.3 percent or 16.04 points to end a
Published 24 Dec, 2016 12:00am
Indian shares flat

Indian shares flat

Indian shares were flat amid subdued volumes on Friday, but the key indexes were headed for their biggest weekly drop in five as emerging markets remain under pressure due to foreign investor outflows. Donald Trump's victory in the US presidential electio
Published 24 Dec, 2016 12:00am
Wall Street retreats, Dow slips further

Wall Street retreats, Dow slips further

US stocks fell on Thursday as investors stepped back from a recent rally fueled by optimism that President-elect Donald Trump will invigorate economic growth. The dip pulled the Dow Jones industrial average further away from the 20,000 mark after it nearl
Published 24 Dec, 2016 12:00am
Friday's early afternoon trade: Wall Street flat

Friday's early afternoon trade: Wall Street flat

Wall Street treaded water in light pre-holiday trading on Friday, with the three major indexes on track to post weekly gains. The Dow Jones Industrial Average, which came within spitting distance of the historic 20,000 mark earlier this week, looked set t
Published 24 Dec, 2016 12:00am
Global stocks market changed

Global stocks market changed

Key stock indexes around the world were little changed, as were the dollar and US Treasury yields, in thin trading ahead of a holiday weekend for Christmas. The dollar held steady against a basket of major currencies, lingering about half a percent below
Published 24 Dec, 2016 12:00am
Equity, Macro hedge funds look to bounce back from a tough year

Equity, Macro hedge funds look to bounce back from a tough year

For some equity funds and those betting on macroeconomic trends, which together make up a large chunk of the $3 trillion global hedge fund industry's assets, 2016 has been another year to forget. Beset by investors pressing for lower fees and the dulling
Published 24 Dec, 2016 12:00am
Equity, Macro hedge funds look to bounce back from a tough year

Equity, Macro hedge funds look to bounce back from a tough year

For some equity funds and those betting on macroeconomic trends, which together make up a large chunk of the $3 trillion global hedge fund industry's assets, 2016 has been another year to forget. Beset by investors pressing for lower fees and the dulling
Published 24 Dec, 2016 12:00am
Cardinal settles with US over painkiller shipments to pharmacies

Cardinal settles with US over painkiller shipments to pharmacies

A drug distributor owned by Cardinal Health Inc has agreed to pay $10 million to resolve claims it failed to alert the US Drug Enforcement Administration to suspiciously large orders of addictive painkillers by New York-area pharmacies. The settlement wit
Published 24 Dec, 2016 12:00am
Argentina, US affirm ties with new tax information deal
Currency

Argentina, US affirm ties with new tax information deal

Argentina signed a tax information exchange agreement with the United States on Friday aimed at helping the South American country repatriate overseas assets and signaling Washington's approval of President Mauricio Macri's free-market reforms. US Treasur
Published 24 Dec, 2016 12:00am
UNSC likely to vote Friday on Israeli settlements

UNSC likely to vote Friday on Israeli settlements

The UN Security Council is expected to vote later Friday on demanding Israel halt settlements after four countries agreed to present a draft resolution that was withdrawn by Egypt, diplomats said. New Zealand, Malaysia, Senegal and Venezuela stepped in af
Published 24 Dec, 2016 12:00am
Obama 'abandoning' Israel by pushing UN vote: official

Obama 'abandoning' Israel by pushing UN vote: official

Barack Obama's outgoing US administration is behind plans for a new UN Security Council vote on Israeli settlements, an Israeli official said Friday, calling it an "abandonment" of the Jewish state. The UN Security Council was expected to vote later Frida
Published 24 Dec, 2016 12:00am
February trial set for ex-Catalan chief

February trial set for ex-Catalan chief

The trial of Catalonia's former separatist chief Artur Mas has been set for February over his role in staging a symbolic independence referendum in 2014, a Spanish court said Friday. Prosecutors accuse Mas of serious disobedience for organising the non-bi
Published 24 Dec, 2016 12:00am
Ukraine rebels agree to new armistice

Ukraine rebels agree to new armistice

A top Ukrainian insurgent said Friday the rebels had agreed to an indefinite ceasefire negotiated by Russia and Ukraine that would go into effect this weekend. The latest truce was hammered out with the help of European monitors and comes amid a surge in
Published 24 Dec, 2016 12:00am
Syria army, civilians reclaim ruined Aleppo streets

Syria army, civilians reclaim ruined Aleppo streets

Syrian troops cemented their hold on Aleppo on Friday after retaking full control of the city, as residents anxious to return to their homes moved through its ruined streets. The army announced on Thursday it had recaptured the former rebel stronghold of
Published 24 Dec, 2016 12:00am
Turkish state power firm weighs in to help limit soaring prices

Turkish state power firm weighs in to help limit soaring prices

Turkey's state power generation firm EUAS is offering electricity direct to the market to help limit soaring prices, industry sources and traders said on Friday, as demand from households surges due to cold weather. EUAS usually sells the bulk of its prod
Published 24 Dec, 2016 12:00am
Italy salutes hero cops who took down Berlin attack suspect

Italy salutes hero cops who took down Berlin attack suspect

Italy on Friday hailed its police officer heroes who caught Berlin truck attack suspect Anis Amri on the streets of Milan, with high praise for the rookie who shot him dead. Tributes flooded in for Luca Scata, the 29-year-old Sicilian trainee who fired of
Published 24 Dec, 2016 12:00am
German consumers view new year with optimism: survey

German consumers view new year with optimism: survey

German consumers are looking ahead to the new year with optimism, a leading survey said Friday, though it warned that the impact of this week's deadly Berlin attack had yet to be taken into account. The poll of around 2,000 people, carried out by market r
Published 24 Dec, 2016 12:00am
UK economy sidesteps Brexit vote hit, 2017 outlook darker

UK economy sidesteps Brexit vote hit, 2017 outlook darker

British consumers brushed off June's Brexit vote and drove the economy to expand faster than expected in the third quarter, but a hefty current account gap and weaker trade and investment raised warning flags for 2017. The economy grew by 0.6 percent in t
Published 24 Dec, 2016 12:00am
IMF chief joins Cameroon summit on oil woes
Currency

IMF chief joins Cameroon summit on oil woes

IMF chief Christine Lagarde on Friday joined a Cameroon summit of central African leaders aimed at tackling economic woes brought on by weak oil prices. "Our foreign exchange reserves have dropped substantially," Cameroon's President Paul Biya said in his
Published 24 Dec, 2016 12:00am
US new home sales revive in November

US new home sales revive in November

Sales of new homes in the United States in November rose to their highest level since July, Commerce Department figures released Friday showed. New single-family houses sold at a seasonally adjusted rate of 592,000, 5.2 percent above October's level, hand
Published 24 Dec, 2016 12:00am
British economy grows more quickly than expected: data

British economy grows more quickly than expected: data

Britain's economy grew faster than expected in the third quarter, revised official data showed Friday, indicating no impact yet from the nation's looming exit from the European Union. Gross domestic product expanded by 0.6 percent in the three months to t
Published 24 Dec, 2016 12:00am
Putin says Russian economy improving

Putin says Russian economy improving

Russian President Vladimir Putin said Friday that the economy was set to shrink slightly this year, but by far less than in 2015, as the country struggles out of a two-year recession. "We will have a slight decrease this year, but not 3.7 percent" like la
Published 24 Dec, 2016 12:00am
Italy to bail out Monte dei Paschi in Xmas cheer for savers

Italy to bail out Monte dei Paschi in Xmas cheer for savers

Italy on Friday approved a state-funded rescue of the world's oldest bank, Monte dei Paschi di Siena (BMPS), in a bid to shore up the country's beleaguered financial system. The rescue plan will come as a relief for investors in Italy's third largest bank
Published 24 Dec, 2016 12:00am
Ukraine tycoon blasts Kiev over bank nationalization

Ukraine tycoon blasts Kiev over bank nationalization

The owner of Ukraine's largest bank nationalised last weekend accused the authorities on Friday of spreading false rumours about his lender that forced him to appeal for help. Billionaire Igor Kolomoyskiy said in his first published comments since Sunday'
Published 24 Dec, 2016 12:00am
Canada economy weakens in October on manufacturing, oil sectors

Canada economy weakens in October on manufacturing, oil sectors

Canada's economy unexpectedly contracted at the start of the fourth quarter due to widespread weakness in the manufacturing sector and a decline in oil and gas extraction, data from Statistics Canada showed on Friday. The gross domestic product was down 0
Published 24 Dec, 2016 12:00am
EU regrets 'unfortunate' US spat over beef ban

EU regrets 'unfortunate' US spat over beef ban

The European Union on Friday warned of a "most unfortunate" souring of trade relations with the US after Washington relaunched a fight against an EU ban on imports of hormone-treated American beef. The US on Thursday reignited the long-standing feud, taki
Published 24 Dec, 2016 12:00am
On Irish border, shopkeepers fight Brexit fallout
Currency

On Irish border, shopkeepers fight Brexit fallout

In the wake of the Brexit referendum earthquake, few people felt the aftershocks as keenly as the shopkeepers of Dundalk, a sleepy town of 37,000 people on the Irish border with Northern Ireland. Following the plunge in the value of the pound, residents h
Published 24 Dec, 2016 12:00am
US wheat futures fall on technical selling

US wheat futures fall on technical selling

US wheat futures fell for a third straight day on Wednesday, pressured by ample global supplies and technical selling, traders said. Milder weather in eastern Midwest soft red winter wheat production areas and the southern Plains hard red winter wheat bel
Published 24 Dec, 2016 12:00am
US Midwest corn, soya bids firmer

US Midwest corn, soya bids firmer

Spot corn and soyabean bids at elevators and processors in the US Midwest were generally steady to firmer on Wednesday after light farmer sales spurred demand for both crops, grain merchants said. They said producers are winding down their operations in p
Published 24 Dec, 2016 12:00am
Cotton prices firm on cautious buying
Cotton

Cotton prices firm on cautious buying

Prices improved slight on the cotton market on Friday amid cautious buying by mills and spinners, dealers said. The official spot rate was unchanged at Rs 6250, dealers said. In Sindh, seed cotton prices were at Rs 2600-3250, they said that in Punjab, phu
Published 24 Dec, 2016 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 192,035 tonnes of cargo comprising 186,931 tonnes of import cargo and 5,104 tonnes of export cargo including 5,129 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 186,
Published 24 Dec, 2016 12:00am
US natural gas futures jump over eight percent

US natural gas futures jump over eight percent

US natural gas futures on Wednesday settled up over 8 percent and soared over 10 percent post settlement on long-range forecasts for a colder-than-normal January despite an expected warmer-than-normal end to 2016. After falling for four straight days and
Published 24 Dec, 2016 12:00am
European gasoline margins rise

European gasoline margins rise

European gasoline margins rose sharply on Wednesday, tracking higher US prices, as inventories of the motor fuel fell unexpectedly in the United States last week. US gasoline stocks fell by 1.3 million barrels last week, compared with analyst expectations
Published 24 Dec, 2016 12:00am
European wheat futures prices little changed

European wheat futures prices little changed

European wheat futures prices in Paris were little changed on Wednesday in thin pre-Christmas holiday trading as a stronger euro depressed export hopes. March milling wheat, the most active contract on the Paris-based Euronext exchange, closed unchanged a
Published 24 Dec, 2016 12:00am
Palm oil prices firmer on European vegoils market

Palm oil prices firmer on European vegoils market

Palm oil prices on the European vegetable oils market were firmer on Wednesday following a mild recovery in Malaysian palm oil futures. Palm oil was mostly offered at between unchanged and $10 a tonne up after Malaysian palm oil futures closed between 31
Published 24 Dec, 2016 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,025. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 3.06 billion and the number of lots traded was 8,732. Major business was contributed by cur
Published 24 Dec, 2016 12:00am
Ghalib - a visionary par excellence

Ghalib - a visionary par excellence

December 27 marks the 219th birthday of Mirza Ghalib - a great visionary that the Indo-Pak sub-continent was blessed with whose grasp over Persian and Urdu and sense of ethics, theology, philosophy, and history continues to amaze his admirers. Sadly, we i
Published 24 Dec, 2016 12:00am
Fidel Castro - revolutionary or scourge of the West?

Fidel Castro - revolutionary or scourge of the West?

Perhaps, Pakistan is one of the few countries that completely ignored the death of the great Cuban leader of the 60's and later decades - Fidel Castro. Barring the sole socialist leader of the present crop, Chairman Raza Rabbani, who made the effort to vi
Published 24 Dec, 2016 12:00am
KARACHI CHRONICLE: Family planning fiction

KARACHI CHRONICLE: Family planning fiction

After nearly four decades we once again hear Sindh government talk about birth control. Recently the Sindh government formed a working group to implement and supervise an ambitious family planning programme project at an estimated cost of Rs 79 billion, t
Published 24 Dec, 2016 12:00am
ART FACTS: The spiritual connection

ART FACTS: The spiritual connection

The worlds' most skilled, respected and celebrated calligraphers' works are like a journey of the mystic who aspires for a union with the beloved Divine source. The calligraphic works represents a spiritual reflection of the creative power of the great pa
Published 24 Dec, 2016 12:00am
Art boom transforms sleepy Penang into burgeoning tourist hot spot

Art boom transforms sleepy Penang into burgeoning tourist hot spot

Street murals in George Town, a UNESCO World Heritage Site, have led to a tourism boom, while raising hopes that the city can continue to develop into a substantial regional art hub. A few dozen tourists crowd around the painting, their camera phones held
Published 24 Dec, 2016 12:00am
BOOK REVIEWS: Dialogue between art and society

BOOK REVIEWS: Dialogue between art and society

The publication presented a wide and comprehensive view of contemporary art practices in Pakistan. It commemorates a milestone in building awareness about contemporary Pakistani art by Abid Merchant. He began Sanat Initiative for this purpose and want loc
Published 24 Dec, 2016 12:00am
J K Rowling illustrated manuscript sells for $467,000 at auction

J K Rowling illustrated manuscript sells for $467,000 at auction

A rare book hand-written and -illustrated by "Harry Potter" author J.K. Rowling sold for $467,000 at auction in London last Tuesday, at the lower end of its estimated price range. "The Tales of Beedle the Bard" is one of six copies that Rowling made as pr
Published 24 Dec, 2016 12:00am
Santa prepares for Christmas

Santa prepares for Christmas

At Santa Claus' Lapland home in Finland, his helpers sort out piles of letters from around the world, each detailing children's requests for this Christmas. In English, Italian or other languages, youngsters' handwriting adorn the envelopes addressed to F
Published 24 Dec, 2016 12:00am
Pokemon Goes, who follows?

Pokemon Goes, who follows?

Pokemon Go, an augmented-reality mobile game, was a global sensation in 2016. What is the future of the trend?
Published 24 Dec, 2016 12:00am
At age 70, Steven Spielberg says he will direct films until he dies

At age 70, Steven Spielberg says he will direct films until he dies

A great white shark swims menacingly through the water, an alien extends his gnarled, glowing finger and soldiers in World War II endure unimaginable slaughter. Steven Spielberg has created unforgettable moments in film. He turns 70 on Sunday.
Published 24 Dec, 2016 12:00am
'Rogue One' offers lens into high-stakes 'Star Wars' rebel mission

'Rogue One' offers lens into high-stakes 'Star Wars' rebel mission

From the moment "Rogue One" begins, "Star Wars" fans will notice a glaring difference from previous films in the franchise: the lack of a scrolling text that tells what led up to the upcoming action set long ago in a galaxy far away.
Published 24 Dec, 2016 12:00am
'Fantastic' Newt Scamander (aka Eddie Redmayne)

'Fantastic' Newt Scamander (aka Eddie Redmayne)

With his peacock-blue coat, bow tie and battered suitcase, Eddie Redmayne stars as J.K. Rowling's latest magical hero in "Fantastic Beasts and Where to Find Them." Redmayne spoke with Reuters about his favorite beasts and his hopes for his character, Newt
Published 24 Dec, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 24 Dec, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 24 Dec, 2016 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 24 Dec, 2016 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 24 Dec, 2016 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (December 23, 2016).

Published 24 Dec, 2016 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (December 23, 2016).

Published 24 Dec, 2016 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (December 23, 2016).
Published 24 Dec, 2016 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (December 23, 2016).

Published 24 Dec, 2016 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 21, 2016).

Published 24 Dec, 2016 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 21, 2016).

Published 24 Dec, 2016 12:00am
UN demands end to Israeli settlements after US abstains

UN demands end to Israeli settlements after US abstains

The UN Security Council on Friday demanded that Israel halt its settlement activities in Palestinian territory, in a resolution adopted after the United States refrained from vetoing the measure condemning its closest Middle East ally. In a rare step, the
Published 24 Dec, 2016 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 21, 2016).

Published 24 Dec, 2016 12:00am
UN demands end to Israeli settlements after US abstains

UN demands end to Israeli settlements after US abstains

The UN Security Council on Friday demanded that Israel halt its settlement activities in Palestinian territory, in a resolution adopted after the United States refrained from vetoing the measure condemning its closest Middle East ally. In a rare step, the
Published 24 Dec, 2016 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 21, 2016).

Published 24 Dec, 2016 12:00am
Malta hijack ends peacefully as Qadhafi loyalists surrender

Malta hijack ends peacefully as Qadhafi loyalists surrender

Hijackers forced an airliner to land in Malta on Friday then freed all their hostages unharmed and surrendered after declaring their loyalty to Libya's late leader Muammar Qadhafi. Television pictures showed two men being led from the aircraft in handcuff
Published 24 Dec, 2016 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 21, 2016).

Published 24 Dec, 2016 12:00am
Malta hijack ends peacefully as Qadhafi loyalists surrender

Malta hijack ends peacefully as Qadhafi loyalists surrender

Hijackers forced an airliner to land in Malta on Friday then freed all their hostages unharmed and surrendered after declaring their loyalty to Libya's late leader Muammar Qadhafi. Television pictures showed two men being led from the aircraft in handcuff
Published 24 Dec, 2016 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 21, 2016).

Published 24 Dec, 2016 12:00am
CDWP approves projects for areas around CPEC

CDWP approves projects for areas around CPEC

The Central Development Working Party (CDWP) has approved three significant projects to the tune of Rs 108 billion related to the areas situated around China-Pakistan Economic Corridor (CPEC) alignment to enhance mobility and ensure socio-economic develop
Published 24 Dec, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meesaq Fund Rates on Wednesday (December 21, 2016).

Published 24 Dec, 2016 12:00am
CDWP approves projects for areas around CPEC

CDWP approves projects for areas around CPEC

The Central Development Working Party (CDWP) has approved three significant projects to the tune of Rs 108 billion related to the areas situated around China-Pakistan Economic Corridor (CPEC) alignment to enhance mobility and ensure socio-economic develop
Published 24 Dec, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meesaq Fund Rates on Wednesday (December 21, 2016).

Published 24 Dec, 2016 12:00am
CDWP approves projects for areas around CPEC

CDWP approves projects for areas around CPEC

The Central Development Working Party (CDWP) has approved three significant projects to the tune of Rs 108 billion related to the areas situated around China-Pakistan Economic Corridor (CPEC) alignment to enhance mobility and ensure socio-economic develop
Published 24 Dec, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meesaq Fund Rates on Wednesday (December 21, 2016).

Published 24 Dec, 2016 12:00am
Dar briefed about December 28 CPEC JCC

Dar briefed about December 28 CPEC JCC

Finance Minister Muhammad Ishaq Dar on Friday chaired a meeting to review matters related to the upcoming Pakistan-China Joint Co-operation Committee (JCC) on China-Pakistan Economic Corridor (CPEC) scheduled for December 28-29. An official statement said
Published 24 Dec, 2016 12:00am
Dar briefed about December 28 CPEC JCC

Dar briefed about December 28 CPEC JCC

Finance Minister Muhammad Ishaq Dar on Friday chaired a meeting to review matters related to the upcoming Pakistan-China Joint Co-operation Committee (JCC) on China-Pakistan Economic Corridor (CPEC) scheduled for December 28-29. An official statement said
Published 24 Dec, 2016 12:00am
Dar briefed about December 28 CPEC JCC

Dar briefed about December 28 CPEC JCC

Finance Minister Muhammad Ishaq Dar on Friday chaired a meeting to review matters related to the upcoming Pakistan-China Joint Co-operation Committee (JCC) on China-Pakistan Economic Corridor (CPEC) scheduled for December 28-29. An official statement said
Published 24 Dec, 2016 12:00am
Uzbekistan joining CPEC anytime soon?

Uzbekistan joining CPEC anytime soon?

Prime Minister Nawaz Sharif Friday emphasised that Pakistan and Uzbekistan need to make efforts to enhance co-operation in the economic and commercial fields and fully exploit the huge potential for mutual trade. "Both countries need to formulate a joint
Published 24 Dec, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (December 21, 2016).

Published 24 Dec, 2016 12:00am