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Archive - 2017-01-20
New clashes between police, anti-Trump protesters in Washington
World Top News

New clashes between police, anti-Trump protesters in Washington

WASHINGTON: New clashes broke out Friday between masked protesters and police in downtown Washington, blocks away from the route of the parade about to start in honor of newly sworn-in President Donald Trump.
Published 20 Jan, 2017 08:49pm
British PM says Trump 'recognises importance of NATO': FT
Europe

British PM says Trump 'recognises importance of NATO': FT

LONDON: British Prime Minister Theresa May said Friday that she believed US President Donald Trump "recognises the importance and significance of NATO", despite him days earlier dubbing the military alliance obsolete.
Published 20 Jan, 2017 08:45pm
Trump says will renegotiate, may exit NAFTA
North America

Trump says will renegotiate, may exit NAFTA

WASHINGTON: President Donald Trump announced Friday he will demand renegotiation of the free trade agreement linking North America's economies, and will abandon the pact unless the United States gets "a fair deal.
Published 20 Jan, 2017 08:44pm
We will make America wealthy, proud and safe again: Trump
Front Top News

We will make America wealthy, proud and safe again: Trump

WASHINGTON: The following is the complete text of Donald Trump's inaugural address delivered Friday after he was sworn in as the 45th president of the United States:%Dhief Justice Roberts, President Carter, President Clinton, President Bush, President
Published 20 Jan, 2017 08:34pm
Era of development about to begin in KP: CM
General News

Era of development about to begin in KP: CM

PESHAWAR: Chief Minister Khyber Pakhtunkhwa Pervez Khatak has said that majority of agreements on CPEC related projects have been completed as a new era of development and prosperity is about to usher that will help generate employment opportunities to th
Published 20 Jan, 2017 07:03pm
NA body asks govt. to contact World Bank
General News

NA body asks govt. to contact World Bank

ISLAMABAD: National Assembly Standing Committee on Water and Powers on Friday demanded the government to ask the World Bank to constitute a Court of Arbitration to adjudicate on the issues raised by Pakistan against Indias ongoing construction of Kishan G
Published 20 Jan, 2017 07:02pm
Donald Trump sworn in as 45th US president
Pakistan Top News

Donald Trump sworn in as 45th US president

WASHINGTON: Donald Trump was sworn in Friday as the 45th president of the United States, taking the oath of office at the US Capitol as hundreds of thousands of ecstatic supporters cheered the historic handover of power.
Published 20 Jan, 2017 04:55pm
Trump set to be sworn in as president
Pakistan Top News

Trump set to be sworn in as president

WASHINGTON: Donald Trump was on the cusp of taking power as the 45th president of the United States Friday -- ushering in a new political era that has been cheered and feared in equal measure.
Published 20 Jan, 2017 04:23pm
Vandalism erupts at anti-Trump protest
World Top News

Vandalism erupts at anti-Trump protest

WASHINGTON: Police fired gas to disperse protesters after stones were thrown and windows broken in Washington on Friday ahead of Donald Trump's presidential inauguration.
Published 20 Jan, 2017 04:23pm
Stocks rise before Trump takeover
Financial

Stocks rise before Trump takeover

LONDON: Most European stock markets and Wall Street climbed Friday before Donald Trump's inauguration, with markets hoping that the US president's speech will expand on his planned economic policy.
Published 20 Jan, 2017 03:26pm
Trump at White House for last meeting with Obama
Pakistan Top News

Trump at White House for last meeting with Obama

WASHINGTON: US President-elect Donald Trump arrived at the White House Friday for his final meeting with outgoing leader Barack Obama, before the two head to the Capitol for the Republican's swearing-in ceremony.
Published 20 Jan, 2017 03:22pm
Barack Obama leaves Oval Office for last time
Front Top News

Barack Obama leaves Oval Office for last time

WASHINGTON: Outgoing US President Barack Obama on Friday left the Oval Office for the last time, before welcoming his successor Donald Trump to the White House%D%AObama walked into the Oval Office holding a letter, which he left on the Resolute desk, a 19
Published 20 Jan, 2017 03:17pm
Melania Trump channels Jackie-O in Ralph Lauren
World Top News

Melania Trump channels Jackie-O in Ralph Lauren

WASHINGTON: America's incoming first lady Melania Trump wore an elegant powder blue suit made by iconic US fashion designer Ralph Lauren to her husband's inauguration on Friday and channeling Jacqueline Kennedy.
Published 20 Jan, 2017 03:12pm
US stocks rise ahead of Trump inauguration
Financial

US stocks rise ahead of Trump inauguration

NEW YORK: Wall Street stocks opened higher Friday ahead of the presidential inauguration of Donald Trump amid expectations of pro-growth economic policies from the new administration.
Published 20 Jan, 2017 03:09pm
Inzamam reveals major cause of Pakistans failure
Cricket

Inzamam reveals major cause of Pakistans failure

Pakistan cricket Chief Selector Inzamam ul Haq admitted that the fitness of Pakistani players is not up to the international level, the former captain was addressing a press conference on Friday.
Published 20 Jan, 2017 02:40pm
Dollar grinds higher as Trump debate deepens
Financial

Dollar grinds higher as Trump debate deepens

LONDON: The dollar edged higher on Friday, steadying after a volatile week that underlined the growing uncertainty over how Donald Trump will behave after his inauguration as US President.
Published 20 Jan, 2017 01:39pm
Soybeans ease again; Argentina rain damage unclear
Commodities

Soybeans ease again; Argentina rain damage unclear

PARIS/SINGAPORE: Chicago soybeans slid for a second session on Friday as a firm dollar encouraged consolidation below this week's six-month high while traders assessed the extent of rain damage to crops in Argentina.
Published 20 Jan, 2017 01:37pm
Trump tweets his work is about to begin
World Top News

Trump tweets his work is about to begin

WASHINGTON: Hours before his inauguration Friday, US President-elect Donald Trump tweeted that his job of shaking up America's political and economic status quo is about to begin.
Published 20 Jan, 2017 01:13pm
Tennis: Muguruza tastes sweet Slam revenge
Sports

Tennis: Muguruza tastes sweet Slam revenge

MELBOURNE: Garbine Muguruza gained revenge for a tough loss last year and a place in the Australian Open last 16 with a comprehensive victory over Anastasija Sevastova on Friday.
Published 20 Jan, 2017 01:01pm
Yuvrajs father finally forgives MS Dhoni
Cricket

Yuvrajs father finally forgives MS Dhoni

Yograj Singh, the former Indian cricketer and the father of middle order batsman Yuvraj Singh, has finally forgiven Mahinder Singh Dhoni, after the two players helped India winning the series against England on Thursday.
Published 20 Jan, 2017 12:50pm
Asia Gold-Demand slows on higher prices
Commodities

Asia Gold-Demand slows on higher prices

MUMBAI/BENGALURU: Gold demand slowed in India this week as buyers postponed purchases on expectation of a cut in import duty and after a rebound in prices, while it was tepid across other major trading centres in Asia.
Published 20 Jan, 2017 12:29pm
Lagarde warns of race to bottom on trade, regulation, taxes
Europe

Lagarde warns of race to bottom on trade, regulation, taxes

DAVOS: The head of the International Monetary Fund said on Friday that one of the biggest risks to the global economy in 2017 was "a race to the bottom" on taxes, regulations and trade, in an indirect reference to the policy plans of the incoming US admin
Published 20 Jan, 2017 12:27pm
Germany says US under Trump must abide by trade deals
Europe

Germany says US under Trump must abide by trade deals

BERLIN: Washington must stick to international agreements under the presidency of Donald Trump, German Finance Minister Wolfgang Schaeuble said on Friday, but does not expect a major trade war despite the President-elect's attack on German car makers.
Published 20 Jan, 2017 12:25pm
Germany says IMF plans to stay involved in Greek bailout talks
World Top News

Germany says IMF plans to stay involved in Greek bailout talks

BERLIN: The managing director of the International Monetary Fund (IMF) reassured German Finance Minister Wolfgang Schaeuble this week that the IMF plans to remain constructively engaged in talks about aid for Greece, a spokesman for Schaeuble said on Frid
Published 20 Jan, 2017 11:59am
A Pinch Of Nightshade by Robert Jordan
Featured Photos

A Pinch Of Nightshade by Robert Jordan

Photo Credit: Robert Jordan%D%ARobert Jordan is a talented photographer and retoucher currently based out of Columbus, Ohio.
Published 20 Jan, 2017 11:58am
Folly Of Youth by Rasa Razaniene
Featured Photos

Folly Of Youth by Rasa Razaniene

Photo Credit: Rasa Razaniene%D%ARasa Razaniene is an professional photographer based between Vilnius, Lithuania and London, UK.
Published 20 Jan, 2017 11:54am
Noodle Doodle by Steffie Neve
Featured Photos

Noodle Doodle by Steffie Neve

Photo Credit: Steffie Neve%D%ASteffie Neve is a talented Scandinavian self-taught photographer, stylist, model and student based in Aalborg, Denmark.
Published 20 Jan, 2017 11:49am
Cwmbran Countryside by Andy Lee
Featured Photos

Cwmbran Countryside by Andy Lee

Photo Credit: Andy Lee%Dndy Lee is a talented landscape photographer, filmmaker, creative director and painter from Cwmbran, who currently based in Stackpole, Pembrokeshire, United Kingdom.
Published 20 Jan, 2017 11:44am
RECORDER REPORT-PSX close of day
Pakistan Top News

RECORDER REPORT-PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Friday having 49346.
Published 20 Jan, 2017 11:43am
Auburn Sunset by Christopher Markisz
Featured Photos

Auburn Sunset by Christopher Markisz

Photo Credit: Christopher Markisz%Dhristopher Markisz aka Dub Sonata is a talented self-taught photographer, musician and songwriter from Oakland, who is currently based in New York City.
Published 20 Jan, 2017 11:41am
European Architecture by Alex Block
Featured Photos

European Architecture by Alex Block

Photo Credit: Alex Block%Dlex Block is a talented self-taught photographer and adventurer, who has traveled to 50+ countries and more than 100 cities.
Published 20 Jan, 2017 11:36am
Systemic Faux Pas by Robert Jordan
Featured Photos

Systemic Faux Pas by Robert Jordan

Photo Credit: Robert Jordan %D%ARobert Jordan is a talented photographer and retoucher currently based out of Columbus, Ohio.
Published 20 Jan, 2017 11:27am
Canadian Fishing Huts by Richard Johnson
Featured Photos

Canadian Fishing Huts by Richard Johnson

Photo Credit: Richard Johnson%D%ARichard Johnson is a talented photographer based in Toronto, Canada who has worked for 18 years as interior designer specializing in retail design and lighting.
Published 20 Jan, 2017 11:23am
Vintage Socialist Architecture of North Korea by Raphael Olivier
Featured Photos

Vintage Socialist Architecture of North Korea by Raphael Olivier

Photo Credit: Raphael Olivier%Dommercial photographer Raphael Olivier recently travelled to Pyongyang and created a fantastic photo essay exploring the suspended reality of North Koreas vintage socialist architecture.
Published 20 Jan, 2017 11:20am
More than 40 millitants killed in Syria air strikes
Front Top News

More than 40 millitants killed in Syria air strikes

BEIRUT: More than 40 fighters of former Al-Qaeda affiliate Fateh al-Sham Front were killed in air strikes on their camp in northern Syria late on Thursday, a monitoring group said.
Published 20 Jan, 2017 08:55am
'Clock is ticking' on Scottish independence vote
Europe

'Clock is ticking' on Scottish independence vote

EDINBURGH: The countdown to a second Scottish independence referendum appears to have begun after Prime Minister Theresa May laid out the course towards a "hard" Brexit -- but Scots are as divided as ever.
Published 20 Jan, 2017 08:45am
All-women-orchestra creates furor in Afghanistan
Arts

All-women-orchestra creates furor in Afghanistan

Another death defying feat by a few now appears under the guise of a musical troupe dubbed Zohra, Afghanistans first all female orchestra who are to perform amidst myriads of death threats and propaganda at the World Economic Forum in Davos.
Published 20 Jan, 2017 08:34am
Trump to be sworn in as 45th US president
Front Top News

Trump to be sworn in as 45th US president

WASHINGTON: Donald Trump will be sworn in as the 45th president of the United States Friday -- capping his improbable journey to the White House and beginning a four-year term that promises to shake up Washington and the world.
Published 20 Jan, 2017 08:23am
Shining knight Murray spurs maiden title bid
Sports

Shining knight Murray spurs maiden title bid

MELBOURNE: Andy Murray saw off giant-killer Sam Querrey on Friday as he ramped up his bid for a first Australian Open title after the shock departure of six-time champion Novak Djokovic.
Published 20 Jan, 2017 08:03am
Oops! Current Account slipping again
Miscellaneous

Oops! Current Account slipping again

Increase in current account deficit portends mounting pressure on the balance of payment position, and unfortunately, it is just doing that amid all out efforts to keep the external account beefed up.
Published 20 Jan, 2017 07:37am
Human agency
Miscellaneous

Human agency

The recently released World Banks policy research report on the politics of development cites some interesting studies done at the intersection of politics and economics in Pakistan.
Published 20 Jan, 2017 07:37am
Abe hails US ties ahead of Trump inauguration
Asia

Abe hails US ties ahead of Trump inauguration

TOKYO: Japanese prime minister Shinzo Abe on Friday pledged to boost ties with Donald Trump's new administration, ahead of the US president-elect's inauguration later in the day.
Published 20 Jan, 2017 07:36am
Reported TDRs in parliamentarians' names are fake: SBP
Front Top News

Reported TDRs in parliamentarians' names are fake: SBP

RECORDER REPORT%D%AKARACHI: The State Bank of Pakistan (SBP) on Thursday said that reported Term Deposit Receipts (TDRs) in the name of politicians are fake and an attempt to malign the parliamentarians.
Published 20 Jan, 2017 06:47am
Indian shares up

Indian shares up

Indian shares ended slightly higher on Thursday after a choppy session as investors awaited fresh triggers as the earnings season gains momentum amid an uncertain global scenario.
Published 20 Jan, 2017 12:00am
Australian shares up; New Zealand flat

Australian shares up; New Zealand flat

Australian shares edged up on Thursday, with healthcare accounting for most of the gains after biotherapeutics company CSL Ltd touched a more than 15-year high on a profit upgrade.
Published 20 Jan, 2017 12:00am
Sri Lankan shares down
Currency

Sri Lankan shares down

Sri Lankan stocks hit a more than one-week closing low on Thursday, falling for a fourth straight session, as uncertainty over foreign investments and rising yields on short-term government securities hurt investor sentiment.
Published 20 Jan, 2017 12:00am
Treasury yields rise

Treasury yields rise

US Treasury yields rose to session highs on Wednesday after Federal Reserve Chair Janet Yellen made comments supporting further, gradual interest rate increases.
Published 20 Jan, 2017 12:00am
Treasury yields rise

Treasury yields rise

US Treasury yields rose to session highs on Wednesday after Federal Reserve Chair Janet Yellen made comments supporting further, gradual interest rate increases.
Published 20 Jan, 2017 12:00am
Hong Kong stocks weaken

Hong Kong stocks weaken

Hong Kong stocks followed Asian markets lower on Thursday, with sentiment hurt by Federal Reserve Chair Janet Yellen's hints that the pace of US interest rate hikes could accelerate.
Published 20 Jan, 2017 12:00am
China stocks lower

China stocks lower

China stocks fell on Thursday, with energy and infrastructure companies weaker after a price correction this week and as investors remained cautious ahead of the Lunar New Year.
Published 20 Jan, 2017 12:00am
US economy shows strength on eve of Trump presidency

US economy shows strength on eve of Trump presidency

US homebuilding rebounded sharply in December as a firming economy boosts demand for rental housing, while an unexpected drop in the number of Americans filing for unemployment benefits last week pointed to a further tightening in the labour market.
Published 20 Jan, 2017 12:00am
Yellen says 'nonpartisan' central bank close to goals

Yellen says 'nonpartisan' central bank close to goals

The US central bank is close to achieving its inflation and employment goals, but any policy moves will depend on how the economy evolves, Federal Reserve Chair Janet Yellen said Wednesday.
Published 20 Jan, 2017 12:00am
Bahrain lifts ban on electronic daily

Bahrain lifts ban on electronic daily

Bahraini authorities on Thursday lifted a ban on the electronic edition of Al-Wasat newspaper, which was accused of sowing sedition during protests triggered by the execution of three Shias.
Published 20 Jan, 2017 12:00am
May vows 'open' Britain as banks shift jobs from London

May vows 'open' Britain as banks shift jobs from London

Prime Minister Theresa May told the world's elite on Thursday that Britain is open for business despite Brexit, even as major banks announce they are planning to shift jobs out of London.
Published 20 Jan, 2017 12:00am
Indonesia holds key rate, warily eyes global economy

Indonesia holds key rate, warily eyes global economy

Indonesia's central bank, keeping a wary eye on United States economic policy under a new president and on inflation at home, held its benchmark interest rate steady on Thursday. Analysts said the chance of Indonesia being able to cut rates any time soon
Published 20 Jan, 2017 12:00am
Finland pilots radical basic income idea despite feasibility doubts

Finland pilots radical basic income idea despite feasibility doubts

A group of unemployed Finns have just become the first Europeans to enjoy a guaranteed basic income; from January a monthly pay cheque has begun arriving from the state, regardless of whether they find work or sit at home on the couch.
Published 20 Jan, 2017 12:00am
German carmakers warn hard Brexit 'tough and expensive'

German carmakers warn hard Brexit 'tough and expensive'

Britain leaving the European single market will damage both the UK and EU member states' economies, the German car industry warned Wednesday, after Prime Minister Theresa May appeared to head for the exit.
Published 20 Jan, 2017 12:00am
UK consumers to be more cautious spenders, GDP growth to slow

UK consumers to be more cautious spenders, GDP growth to slow

British consumers will be cautious about spending this year as inflation soars, but the country will avoid recession as the Bank of England is expected to maintain its ultra-easy policy stance, a Reuters poll found.
Published 20 Jan, 2017 12:00am
South Korea plans measures to create 30,000 jobs in first half

South Korea plans measures to create 30,000 jobs in first half

South Korea's finance minister on Wednesday said the government will take measures to create about 30,000 jobs within the first half of the year, to counter worsening employment market sentiment and weak domestic demand.
Published 20 Jan, 2017 12:00am
Tightness continues on cotton market
Cotton

Tightness continues on cotton market

On Thursday, cotton values on the ready market remained tight with price maintaining a firm posture. Traders said tightness of supply due to diminishing stocks and higher prices in both futures and ready markets in the U.S.A., China and India kept cotton
Published 20 Jan, 2017 12:00am
Tightness continues on cotton market
Cotton

Tightness continues on cotton market

On Thursday, cotton values on the ready market remained tight with price maintaining a firm posture. Traders said tightness of supply due to diminishing stocks and higher prices in both futures and ready markets in the U.S.A., China and India kept cotton
Published 20 Jan, 2017 12:00am
Prices touch season's high level
Cotton

Prices touch season's high level

Prices touched season's high on the cotton market on Thursday amid persistent demand for quality lint, dealers said. The official spot rate was unchanged at Rs 6450, dealers said. In Sindh, seed cotton prices were higher at Rs 3100-3350, they said. In Pun
Published 20 Jan, 2017 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 102,670 tonnes of cargo comprising 71,227 tonnes of import cargo and 31,443 tonnes of export cargo including 3,735 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday.
Published 20 Jan, 2017 12:00am
US Midwest soyabean bids weaker

US Midwest soyabean bids weaker

Spot basis bids for soyabeans at elevators and processors in the US Midwest were steady to weaker on Tuesday after a recent futures rally for the crop triggered farmer sales, Midwest, dealers said.
Published 20 Jan, 2017 12:00am
PMEX daily trading report

PMEX daily trading report

On Wednesday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,110. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 9.15 billion and the number of lots traded was 12,377.
Published 20 Jan, 2017 12:00am
Weather favourable for Russia's winter grain sowings

Weather favourable for Russia's winter grain sowings

Winter weather remains favourable for Russia's winter grain sowings so far, the head of weather forecaster Hydrometcentre said on Tuesday, indicating good prospects for the country's 2017 crop.
Published 20 Jan, 2017 12:00am
Message from Chairman, Securities and Exchange Commission of Pakistan

Message from Chairman, Securities and Exchange Commission of Pakistan

I wholeheartedly congratulate the Pakistani capital market on successful divestment of shares of the country's stock exchange! All stakeholders, especially the Pakistan Stock Exchange's Divestment Committee, the PSX management and the SECP team involved i
Published 20 Jan, 2017 12:00am
Message from Chairman 
Pakistan Stock Exchange

Message from Chairman Pakistan Stock Exchange

It is exciting to witness the successful completion of the divestment of shareholding of Pakistan Stock Exchange (PSX). The strategic sale of 40% equity stake in PSX to the successful bidder Chinese Consortium along with two local financial entities, is a
Published 20 Jan, 2017 12:00am
Message from Chairman, Divestment Committee of Pakistan Stock Exchange

Message from Chairman, Divestment Committee of Pakistan Stock Exchange

It gives me tremendous pleasure to see that positive economic framework and dedicated hard work paid dividends. It provides great satisfaction to see the result of untiring efforts of Divestment Committee members of Pakistan's Capital Market to be able to
Published 20 Jan, 2017 12:00am
Message from Managing Director, PSX

Message from Managing Director, PSX

The bidding for PSX's 40% equity stake by local and international investors took place on December 22, 2016. Based on the results of the bidding process, the Chinese Consortium submitted the highest bid @ Rs 28 per share and as a result is acquiring the 4
Published 20 Jan, 2017 12:00am
Divestment: The road to a new beginning

Divestment: The road to a new beginning

Divestment of 40% shares of Pakistan Stock Exchange Limited (PSX) has been completed in terms of requirements of Stock Exchanges (Corporatisation, Demutualization and Integration) Act, 2012. Successful sale of PSX's shares to an international consortium i
Published 20 Jan, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 20 Jan, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 20 Jan, 2017 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 20 Jan, 2017 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 20 Jan, 2017 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 Thursday (January 19, 2017).

Published 20 Jan, 2017 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 Thursday (January 19, 2017).

Published 20 Jan, 2017 12:00am
Bill buying rates per unit of currency
Currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (January 19, 2017).

Published 20 Jan, 2017 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (January 19, 2017).
Published 20 Jan, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (January 19, 2017).

Published 20 Jan, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (January 19, 2017).

Published 20 Jan, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (January 19, 2017).

Published 20 Jan, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (January 19, 2017).

Published 20 Jan, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (January 19, 2017).

Published 20 Jan, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (January 19, 2017).

Published 20 Jan, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (January 19, 2017).

Published 20 Jan, 2017 12:00am
Karachi operation: CoAS extends support to institutions

Karachi operation: CoAS extends support to institutions

Chief of Army Staff (CoAS) General Qamar Bajwa said here on Thursday that the army would continue to extend its full support to all the government institutions involved in the Karachi operations, particularly the Sindh police and civil administration. Spe
Published 20 Jan, 2017 12:00am
Karachi operation: CoAS extends support to institutions

Karachi operation: CoAS extends support to institutions

Chief of Army Staff (CoAS) General Qamar Bajwa said here on Thursday that the army would continue to extend its full support to all the government institutions involved in the Karachi operations, particularly the Sindh police and civil administration. Spe
Published 20 Jan, 2017 12:00am
Gunvor wins five-year LNG supply deal

Gunvor wins five-year LNG supply deal

Commodity trader Gunvor has won a major tender to supply about 60 liquefied natural gas (LNG) shipments to Pakistan over a five year period while Italy's Eni will supply the country with LNG over a 15-year period, a Pakistani energy official told Reuters.
Published 20 Jan, 2017 12:00am
Gunvor wins five-year LNG supply deal

Gunvor wins five-year LNG supply deal

Commodity trader Gunvor has won a major tender to supply about 60 liquefied natural gas (LNG) shipments to Pakistan over a five year period while Italy's Eni will supply the country with LNG over a 15-year period, a Pakistani energy official told Reuters.
Published 20 Jan, 2017 12:00am
Gunvor wins five-year LNG supply deal

Gunvor wins five-year LNG supply deal

Commodity trader Gunvor has won a major tender to supply about 60 liquefied natural gas (LNG) shipments to Pakistan over a five year period while Italy''s Eni will supply the country with LNG over a 15-year period, a Pakistani energy official told Reuters
Published 20 Jan, 2017 12:00am
Prime Minister speaks to heads of top foreign companies

Prime Minister speaks to heads of top foreign companies

Prime Minister Nawaz Sharif on Thursday said his government had devised a comprehensive plan to create investment friendly environment and was liberalising its policies to welcome foreign entrepreneurs. "We offer incentives to attract new capital inflows,
Published 20 Jan, 2017 12:00am
Prime Minister speaks to heads of top foreign companies

Prime Minister speaks to heads of top foreign companies

Prime Minister Nawaz Sharif on Thursday said his government had devised a comprehensive plan to create investment friendly environment and was liberalising its policies to welcome foreign entrepreneurs. "We offer incentives to attract new capital inflows,
Published 20 Jan, 2017 12:00am
Prime Minister speaks to heads of top foreign companies

Prime Minister speaks to heads of top foreign companies

Prime Minister Nawaz Sharif on Thursday said his government had devised a comprehensive plan to create investment friendly environment and was liberalising its policies to welcome foreign entrepreneurs. "We offer incentives to attract new capital inflows,
Published 20 Jan, 2017 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 20 Jan, 2017 12:00am
Ministry proposes export of urea

Ministry proposes export of urea

Ministry of Commerce (MoC) has proposed the export of 0.3 million tons of urea after considering its likely impact on domestic price and gas supply situation, official sources told Business Recorder. Giving details, the sources said an inter-minist
Published 20 Jan, 2017 12:00am
Ministry proposes export of urea

Ministry proposes export of urea

Ministry of Commerce (MoC) has proposed the export of 0.3 million tons of urea after considering its likely impact on domestic price and gas supply situation, official sources told Business Recorder. Giving details, the sources said an inter-minist
Published 20 Jan, 2017 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 20 Jan, 2017 12:00am
Ministry proposes export of urea

Ministry proposes export of urea

Ministry of Commerce (MoC) has proposed the export of 0.3 million tons of urea after considering its likely impact on domestic price and gas supply situation, official sources told Business Recorder. Giving details, the sources said an inter-minist
Published 20 Jan, 2017 12:00am
Meeting on subsidy on fertilizer tomorrow

Meeting on subsidy on fertilizer tomorrow

Finance Minister Senator Ishaq Dar has convened a meeting of Economic Co-ordination Committee (ECC) of the Cabinet on Saturday (tomorrow) to formally approve continuation of subsidy on fertilizer for 2016-17 as decided by the Prime Minister despite the fa
Published 20 Jan, 2017 12:00am
Meeting on subsidy on fertilizer tomorrow

Meeting on subsidy on fertilizer tomorrow

Finance Minister Senator Ishaq Dar has convened a meeting of Economic Co-ordination Committee (ECC) of the Cabinet on Saturday (tomorrow) to formally approve continuation of subsidy on fertilizer for 2016-17 as decided by the Prime Minister despite the fa
Published 20 Jan, 2017 12:00am
Meeting on subsidy on fertilizer tomorrow

Meeting on subsidy on fertilizer tomorrow

Finance Minister Senator Ishaq Dar has convened a meeting of Economic Co-ordination Committee (ECC) of the Cabinet on Saturday (tomorrow) to formally approve continuation of subsidy on fertilizer for 2016-17 as decided by the Prime Minister despite the fa
Published 20 Jan, 2017 12:00am
ECB maintains stimulus, tells critics: 'Be Patient'

ECB maintains stimulus, tells critics: 'Be Patient'

The European Central Bank kept its super-easy monetary policy unchanged as expected on Thursday and its president, Mario Draghi, told critics of his stimulus path to be patient and wait for the euro zone's recovery to take firm hold. With growth slowly pi
Published 20 Jan, 2017 12:00am
ECB maintains stimulus, tells critics: 'Be Patient'

ECB maintains stimulus, tells critics: 'Be Patient'

The European Central Bank kept its super-easy monetary policy unchanged as expected on Thursday and its president, Mario Draghi, told critics of his stimulus path to be patient and wait for the euro zone's recovery to take firm hold. With growth slowly pi
Published 20 Jan, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (January 19, 2017).

Published 20 Jan, 2017 12:00am
ECB maintains stimulus, tells critics: ''Be Patient''

ECB maintains stimulus, tells critics: ''Be Patient''

The European Central Bank kept its super-easy monetary policy unchanged as expected on Thursday and its president, Mario Draghi, told critics of his stimulus path to be patient and wait for the euro zone''s recovery to take firm hold. With growth slowly p
Published 20 Jan, 2017 12:00am
First-come-first-served rule for surplus sugar export: SBP

First-come-first-served rule for surplus sugar export: SBP

The State Bank of Pakistan (SBP) said on Thursday that export quota to sugar mills would be allocated on first-come-first-served basis and only surplus stock certified by the concerned Cane Commissioner would be allowed to export. As the Ministry of Comme
Published 20 Jan, 2017 12:00am
First-come-first-served rule for surplus sugar export: SBP

First-come-first-served rule for surplus sugar export: SBP

The State Bank of Pakistan (SBP) said on Thursday that export quota to sugar mills would be allocated on first-come-first-served basis and only surplus stock certified by the concerned Cane Commissioner would be allowed to export. As the Ministry of Comme
Published 20 Jan, 2017 12:00am
First-come-first-served rule for surplus sugar export: SBP

First-come-first-served rule for surplus sugar export: SBP

The State Bank of Pakistan (SBP) said on Thursday that export quota to sugar mills would be allocated on first-come-first-served basis and only surplus stock certified by the concerned Cane Commissioner would be allowed to export. As the Ministry of Comme
Published 20 Jan, 2017 12:00am
Governments agree to complete homework on new CPEC projects

Governments agree to complete homework on new CPEC projects

Expressing their satisfaction and full support to China-Pakistan Economic Corridor (CPEC), the federal and provincial governments have agreed to complete homework on new projects, approved by 6th Joint Co-operation Committee (JCC) to ensure their speedy a
Published 20 Jan, 2017 12:00am
THE RUPEE: sharp gains
Currency

THE RUPEE: sharp gains

The rupee extended winning ground against the dollar on the money market on Thursday in the process of trading, dealers said. Since the week started, the rupee is on upward march versus the dollar as a result of the State Bank of Pakistan (SBP) move, in w
Published 20 Jan, 2017 12:00am
Governments agree to complete homework on new CPEC projects

Governments agree to complete homework on new CPEC projects

Expressing their satisfaction and full support to China-Pakistan Economic Corridor (CPEC), the federal and provincial governments have agreed to complete homework on new projects, approved by 6th Joint Co-operation Committee (JCC) to ensure their speedy a
Published 20 Jan, 2017 12:00am
THE RUPEE: sharp gains
Currency

THE RUPEE: sharp gains

The rupee extended winning ground against the dollar on the money market on Thursday in the process of trading, dealers said. Since the week started, the rupee is on upward march versus the dollar as a result of the State Bank of Pakistan (SBP) move, in w
Published 20 Jan, 2017 12:00am
Governments agree to complete homework on new CPEC projects

Governments agree to complete homework on new CPEC projects

Expressing their satisfaction and full support to China-Pakistan Economic Corridor (CPEC), the federal and provincial governments have agreed to complete homework on new projects, approved by 6th Joint Co-operation Committee (JCC) to ensure their speedy a
Published 20 Jan, 2017 12:00am
Positivity prevails

Positivity prevails

Bullish trend persisted on Pakistan Stock Exchange (PSX) on the back of healthy buying mainly by local investors and institutions and the benchmark KSE-100 index once again crossed 49,000 psychological level on Thursday. At the end of the session, the ind
Published 20 Jan, 2017 12:00am
Positivity prevails

Positivity prevails

Bullish trend persisted on Pakistan Stock Exchange (PSX) on the back of healthy buying mainly by local investors and institutions and the benchmark KSE-100 index once again crossed 49,000 psychological level on Thursday. At the end of the session, the ind
Published 20 Jan, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 19, 2017).

Published 20 Jan, 2017 12:00am
Positivity prevails

Positivity prevails

Bullish trend persisted on Pakistan Stock Exchange (PSX) on the back of healthy buying mainly by local investors and institutions and the benchmark KSE-100 index once again crossed 49,000 psychological level on Thursday. At the end of the session, the ind
Published 20 Jan, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 19, 2017).

Published 20 Jan, 2017 12:00am
BRIndex30 gains 428.57 points

BRIndex30 gains 428.57 points

On Thursday, BRIndex30 opened at 27,166.70 points and remained positive throughout the trading session. It touched an intraday high of 27,612.75 points and an intraday low of 27,166.70 points and closed at 27,595.27 points which was 428.57 points or 1.58
Published 20 Jan, 2017 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (January 19, 2017).

Published 20 Jan, 2017 12:00am
BRIndex30 gains 428.57 points

BRIndex30 gains 428.57 points

On Thursday, BRIndex30 opened at 27,166.70 points and remained positive throughout the trading session. It touched an intraday high of 27,612.75 points and an intraday low of 27,166.70 points and closed at 27,595.27 points which was 428.57 points or 1.58
Published 20 Jan, 2017 12:00am
Setting up offshore company no illegal act: PM's counsel

Setting up offshore company no illegal act: PM's counsel

Supreme Court on Thursday observed that only authenticated documents would be considered as admissible evidence to decide the Panamagate case. Concluding his arguments on behalf of Prime Minister Nawaz Sharif before a five-member larger bench led by Justi
Published 20 Jan, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (January 19, 2017)

Published 20 Jan, 2017 12:00am
Setting up offshore company no illegal act: PM's counsel

Setting up offshore company no illegal act: PM's counsel

Supreme Court on Thursday observed that only authenticated documents would be considered as admissible evidence to decide the Panamagate case. Concluding his arguments on behalf of Prime Minister Nawaz Sharif before a five-member larger bench led by Justi
Published 20 Jan, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (January 19, 2017).

Published 20 Jan, 2017 12:00am
Opposition submits motion against PM's speech

Opposition submits motion against PM's speech

The opposition parties on Thursday submitted a privilege motion in the National Assembly Secretariat against Prime Minister Nawaz Sharif's 'untruthful' speech on the floor of the House on the Panama Leaks. The privilege motion was signed by Leader of Oppo
Published 20 Jan, 2017 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 20 Jan, 2017 12:00am