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Archive - 2017-02-11
Trump vows to bring planned border wall costs way down
World Top News

Trump vows to bring planned border wall costs way down

WASHINGTON: President Donald Trump insisted early Saturday that he would bring the price of his planned Mexican border wall "way down," after US media circulated a government report estimating it would cost $21.
Published 11 Feb, 2017 04:17pm
Qalandars draw first blood at PSL
Cricket

Qalandars draw first blood at PSL

Lahore Qalandars opened their PSL account on Saturday, claiming their first victory over Islamabad United by six wickets after chasing the target of 158 in 18.
Published 11 Feb, 2017 03:13pm
Tsipras warns IMF, Germany to stop 'playing with fire'
Europe

Tsipras warns IMF, Germany to stop 'playing with fire'

ATHENS: Greek Prime Minister Alexis Tsipras on Saturday warned the International Monetary Fund and German Finance Minister Wolfgang Schaeuble to "stop playing with fire" in the handling of his country's debt.
Published 11 Feb, 2017 02:11pm
Bolt at the double to win inaugural Nitro meet
Sports

Bolt at the double to win inaugural Nitro meet

MELBOURNE: Eight-time Olympic champion Usain Bolt secured a classy win for his All-Stars team with two impressive runs on the final night of the inaugural Nitro Athletics and declared the new format exactly what track and field needs.
Published 11 Feb, 2017 02:08pm
Suicide bomber kills six in Afghanistan's Helmand
World Top News

Suicide bomber kills six in Afghanistan's Helmand

KANDAHAR: At least six people were killed on Saturday when an explosives-laden car rammed into Afghan soldiers who had queued outside a bank in southern Helmand province to collect their salaries, officials said.
Published 11 Feb, 2017 02:06pm
Misbahs half century drags United to 158
Cricket

Misbahs half century drags United to 158

DUBAI: Islamabad United posted 158 for the lost seven of wickets against Lahore Qalandars on third day of the ongoing edition of the Pakistan Super League on Saturday.
Published 11 Feb, 2017 01:39pm
Russia using Iran airspace for Syria raids
Front Top News

Russia using Iran airspace for Syria raids

TEHRAN: Russian warplanes are using Iran's airspace to carry out airstrikes in Syria, an Iranian official said on Saturday.
Published 11 Feb, 2017 11:18am
Saudi Crown prince says US-Saudi ties strong
Front Top News

Saudi Crown prince says US-Saudi ties strong

KHOBAR: Saudi Arabia's relations with the United States are "historic and strategic", Crown Prince Mohammed bin Nayef said on the occasion of the visit of CIA director Mike Pompeo to Riyadh.
Published 11 Feb, 2017 09:31am
Saab offers high-tech jet production hub to India
Asia

Saab offers high-tech jet production hub to India

NEW DELHI: Swedish defence giant Saab has offered to build a state-of-the-art fighter jet factory in India should it seal a lucrative deal to supply hundreds of military jets to New Delhi.
Published 11 Feb, 2017 09:26am
Test for Modi as India's biggest state votes
Front Top News

Test for Modi as India's biggest state votes

MUZAFFARNAGAR: Voting got underway Saturday in India's most populous state Uttar Pradesh in a contest seen as a key test for Narendra Modi halfway into his first term as prime minister.
Published 11 Feb, 2017 08:28am
Wenger and Klopp in search of lost flow
Football

Wenger and Klopp in search of lost flow

LONDON: Arsenal manager Arsene Wenger and Liverpool counterpart Jurgen Klopp have their backs to the wall as their teams go in search of restorative victories in the Premier League this weekend.
Published 11 Feb, 2017 08:07am
17 dead in stampede at Angolan football stadium
Football

17 dead in stampede at Angolan football stadium

LUANDA: At least 17 football fans died in a stampede at a stadium in northern Angola on Friday, police said, adding that scores of other spectators were injured, many of them seriously.
Published 11 Feb, 2017 08:06am
Trump welcomes Abe with warm White House embrace
Front Top News

Trump welcomes Abe with warm White House embrace

WASHINGTON: President Donald Trump welcomed Japanese Prime Minister Shinzo Abe with a brotherly hug and warm words of admiration Friday, as he ditched previously hard-charging rhetoric toward Tokyo during a White House summit.
Published 11 Feb, 2017 07:53am
Sharjeel, Latif suspend in corruption probe
Cricket

Sharjeel, Latif suspend in corruption probe

Pakistan batsmen Sharjeel Khan and Khalid Latif have been provisionally suspended and sent home from a Twenty20 competition being played in Dubai as part of an anti-corruption investigation, the country's cricket board has said.
Published 11 Feb, 2017 07:40am
Teenage girl arrested over 'imminent' attack in France

Teenage girl arrested over 'imminent' attack in France

Anti-terrorist police on Friday arrested four people in southern France, including a 16-year-old girl, who were suspected of preparing an "imminent" attack linked to the Islamic State (IS) group. The arrests in Montpellier and the small nearby town of Mar
Published 11 Feb, 2017 12:00am
Man arrested over Hong Kong subway fire, 17 injured

Man arrested over Hong Kong subway fire, 17 injured

Hong Kong police said Friday they have arrested a man for arson after a fire engulfed a subway train, injuring 17 people and triggering the evacuation of a major station during rush hour. Videos showed chaos on the platform at Tsim Sha Tsui station, with
Published 11 Feb, 2017 12:00am
Strong quake shakes southern Philippines

Strong quake shakes southern Philippines

A 6.5-magnitude earthquake shook the southern Philippines on Friday, sending panicked residents fleeing from their homes, knocking out power and causing at least one building to collapse. The strong quake struck at a depth of 27 kilometres (around 17 mile
Published 11 Feb, 2017 12:00am
Remove Iraq from travel ban list, Prime Minister tells Trump

Remove Iraq from travel ban list, Prime Minister tells Trump

Iraqi Prime Minister Haider al-Abadi asked US President Donald Trump in a phone call to remove his country from a contentious travel ban list, a statement said on Friday. Iraq is one of seven Muslim-majority countries whose citizens are barred from enteri
Published 11 Feb, 2017 12:00am
Scientists make thin material that acts as air conditioner

Scientists make thin material that acts as air conditioner

Scientists have invented a new kind of thin material that can cool a surface against the heat of the sun without using energy or typical air conditioning, a study said Thursday. The glass-polymer hybrid material measures just 50 micrometers thick - slight
Published 11 Feb, 2017 12:00am
Russia, Turkey differ over botched Syria strike

Russia, Turkey differ over botched Syria strike

The Kremlin said Friday that Turkey had provided Russian forces with the target location for an air strike in Syria that accidentally killed three Turkish troops, but Ankara gave a different version of events. "The situation is obvious, unfortunately. Our
Published 11 Feb, 2017 12:00am
Chinese, US aircraft in 'unsafe' encounter over South China Sea: US

Chinese, US aircraft in 'unsafe' encounter over South China Sea: US

A Chinese military aircraft had an "unsafe" encounter with a US Navy surveillance aircraft near a contested reef in the South China Sea, the US Pacific Command said Friday. The two planes came within 1,000 feet (300 meters) of each other during Wednesday'
Published 11 Feb, 2017 12:00am
'Panama Papers' lawyers held in Brazil graft probe

'Panama Papers' lawyers held in Brazil graft probe

The founders of the law firm at the center of the "Panama Papers" scandal were being held Friday as part of a probe into a sprawling graft case involving Brazilian construction group Odebrecht. Ramon Fonseca Mora and Juergen Mossack, named partners of the
Published 11 Feb, 2017 12:00am
Brussels hit by power outage

Brussels hit by power outage

A power cut plunged several neighbourhoods of Brussels into darkness overnight after an unknown problem hit the grid, the Belgian capital's electricity distributor said Friday. "We are getting electricity again from (grid operator) Elia. We are gradually
Published 11 Feb, 2017 12:00am
Mexican forces kill cartel leader, 11 others

Mexican forces kill cartel leader, 11 others

Mexican authorities killed a drug cartel leader and 11 other gang suspects in clashes involving ground forces and a military helicopter that fired at the gunmen, officials said Friday. Juan Francisco Patron Sanchez, a regional leader of the Beltran Leyva
Published 11 Feb, 2017 12:00am
Russian runner Savinova loses London gold for doping

Russian runner Savinova loses London gold for doping

The international sports tribunal on Friday stripped Russian runner Mariya Savinova-Farnosova of the London Olympics 800 metres gold medal and banned her until 2019 for doping. The latest blow to Russia's sporting image should give South African Caster Se
Published 11 Feb, 2017 12:00am
Russia's Glazyrina banned from doping-hit world biathlon

Russia's Glazyrina banned from doping-hit world biathlon

Russia's Ekaterina Glazyrina was suspended on suspicion of doping before taking part at the doping-troubled biathlon world championships, the sport's ruling body announced on Friday. The ban comes as black clouds hover above the championships with accusat
Published 11 Feb, 2017 12:00am
NBA to launch video game league

NBA to launch video game league

The NBA is teaming up with Take Two Interactive to launch a professional video game league based on the game publisher's NBA 2K series. The new eSports league will be the biggest collaboration to date between traditional and digital sports, with component
Published 11 Feb, 2017 12:00am
Norwegian skier suspended for 13 months

Norwegian skier suspended for 13 months

The Norwegian Sports Confederation said on Friday it had suspended cross-country skier Therese Johaug for 13 months after she tested positive for steroids. The suspension is a month shorter than the 14-month ban the Norwegian Anti-Doping Organisation had
Published 11 Feb, 2017 12:00am
WADA alarmed by lack of La Liga drug testing

WADA alarmed by lack of La Liga drug testing

The World Anti-Doping Agency expressed "alarm" on Friday after it emerged no binding drug testing has taken place in football by Spanish anti-doping authorities for nearly a year. Spanish anti-doping agency AEPSAD has been declared non-compliant with the
Published 11 Feb, 2017 12:00am
Master Paints, Army earn victories in Solitaire Polo

Master Paints, Army earn victories in Solitaire Polo

Master Paints and Army registered victories on the fourth day of the Faysal Bank Solitaire Polo Cup 2017 here at the Lahore Polo Club (LPC) ground on Friday. In the first match of the day, Master Paints defeated by Diamond/Master Paints by 61/2-5. Ahmed A
Published 11 Feb, 2017 12:00am
Islamabad open PSL 2017 defence with thrilling win

Islamabad open PSL 2017 defence with thrilling win

Defending champions Islamabad United opened their campaign in the second edition of Pakistan Super League (PSL 2017) with a thrilling seven-wicket win with two ball to spare against Peshawar Zalmi at the Dubai International Stadium on Thursday night.
Published 11 Feb, 2017 12:00am
Kohli double ton tightens screws on Bangladesh

Kohli double ton tightens screws on Bangladesh

Another Virat Kohli double century powered India to a record total against Bangladesh in the one-off Test in Hyderabad Friday - but only after he had to be persuaded to challenge his dismissal. In reply, Bangladesh were 41 for one at stumps on day two aft
Published 11 Feb, 2017 12:00am
Strycova, Muguruza to open Fed Cup tie

Strycova, Muguruza to open Fed Cup tie

Barbora Strycova takes on Garbine Muguruza in Saturday's opening rubber of the first-round Fed Cup tie as the defending champions host Spain. World number 17 Strycova will face 7th-ranked Muguruza as the Czechs start their quest for a fourth straight titl
Published 11 Feb, 2017 12:00am
PSG can compete on Barca's level: Di Maria

PSG can compete on Barca's level: Di Maria

Paris Saint-Germain should have no fear of another Champions League clash with Barcelona despite a poor record against the Spanish champions ahead of their last 16 meeting on Tuesday, insists PSG winger Angel di Maria. Barca have held the upper hand in si
Published 11 Feb, 2017 12:00am
Aussie up, kiwi down

Aussie up, kiwi down

The Australian dollar rose on Friday after the country's central bank provided an optimistic view of the economy, bolstering views that further interest rate cuts were off the table. Solid trade data from China, Australia's main export customer, also help
Published 11 Feb, 2017 12:00am
Punchy UK data helps sterling to best week versus euro since November

Punchy UK data helps sterling to best week versus euro since November

Sterling slipped against a buoyant dollar on Friday but flirted with its best week against the euro in three months, after solid year-end UK manufacturing and trade data allayed fears of an economic slowdown as the Brexit process gathers pace. A number of
Published 11 Feb, 2017 12:00am
Asian currencies slip
Currency

Asian currencies slip

Asian currencies fell on Friday as the dollar gained a lift after President Donald Trump vowed to announce a "phenomenal" tax plan, renewing hopes for the possibility of pro-growth US fiscal policies. Losses for regional currencies were tempered by better
Published 11 Feb, 2017 12:00am
China's yuan down
Currency

China's yuan down

China's yuan weakened against the dollar on Friday, with news the Trump administration is stepping up efforts to improve US-China relations setting up a period of possible fresh catalysts for the currency market. US President Donald Trump agreed to honor
Published 11 Feb, 2017 12:00am
Dollar gains broadly in New York

Dollar gains broadly in New York

The dollar rose across the board on Thursday, posting its best one-day gain against the yen in three weeks, after comments from US President Donald Trump that he would make a major announcement on a "phenomenal" tax plan in the next few weeks. The greenba
Published 11 Feb, 2017 12:00am
Dollar touches 10-day high in Europe
Currency

Dollar touches 10-day high in Europe

The dollar hit its highest level in 10 days against the yen ahead of a meeting of the US and Japanese leaders on Friday, putting it on course for its best week against a basket of major currencies since mid-December. President Donald Trump's promise on Th
Published 11 Feb, 2017 12:00am
Dollar rises to 1-1/2 weeks high versus yen in Asia
Currency

Dollar rises to 1-1/2 weeks high versus yen in Asia

The dollar was buoyant on Friday, rising to a 1-1/2-week high versus the yen, on comments by US President Donald Trump that he would announce the most ambitious tax reform plan since the Reagan era in the next few weeks. The dollar was knocked back agains
Published 11 Feb, 2017 12:00am
FTSE gets mining boost, hits three-week high

FTSE gets mining boost, hits three-week high

Britain's commodity-heavy FTSE 100 index climbed to a three-week high on Friday, with a rally in metals prices on soothing Chinese data and supply concerns boosting shares in basic resources companies. The blue-chip FTSE 100 index ended 0.4 percent higher
Published 11 Feb, 2017 12:00am
Most Southeast Asian stocks move higher

Most Southeast Asian stocks move higher

Most Southeast Asian stock markets ended higher on Friday, tracking gains on Wall Street after US President Donald Trump said he would make a major tax announcement in a few weeks to lower the burden on businesses. The three main US stock indexes surged t
Published 11 Feb, 2017 12:00am
Australian shares rise; New Zealand falls

Australian shares rise; New Zealand falls

Australian shares ended higher for a fourth straight session on Friday and saw their best week in two months, as US President Donald Trump's remarks on tax encouraged stock buying. The S&P/ASX 200 index rose 1 percent, or 55.985 points, to 5,720.6 at the
Published 11 Feb, 2017 12:00am
European shares post weekly gain on strong miners, banks slump

European shares post weekly gain on strong miners, banks slump

European shares edged higher on Friday, ending the week in positive territory thanks to corporate earnings and robust basic resources stocks, though declines among Italian banks led that sector to its worst week since November. The pan-European STOXX 600
Published 11 Feb, 2017 12:00am
China stocks post biggest weekly gains in 2-1/2 months

China stocks post biggest weekly gains in 2-1/2 months

China's main stock indexes rose on Friday and produced their biggest weekly gains in more than two months, led by infrastructure and material shares, as the country pledged to push its "One Belt, One Road" initiative. The blue-chip CSI300 index rose 0.5 p
Published 11 Feb, 2017 12:00am
Indian shares surge

Indian shares surge

India's NSE index edged higher on Friday, rising for a third consecutive session, as Asian markets hit an 18-month peak and banking stocks recovered from recent losses.
Published 11 Feb, 2017 12:00am
Trump's tax talk pushes eurozone bond yields up, Greek yields tumble

Trump's tax talk pushes eurozone bond yields up, Greek yields tumble

Eurozone government bond yields were broadly higher on Friday, as a promise by US President Donald Trump to make a major tax announcement soon and strong Chinese economic data renewed concerns about a pick-up in global inflation. Trump said on Thursday th
Published 11 Feb, 2017 12:00am
Trump''s tax talk pushes eurozone bond yields up, Greek yields tumble

Trump''s tax talk pushes eurozone bond yields up, Greek yields tumble

Eurozone government bond yields were broadly higher on Friday, as a promise by US President Donald Trump to make a major tax announcement soon and strong Chinese economic data renewed concerns about a pick-up in global inflation. Trump said on Thursday th
Published 11 Feb, 2017 12:00am
Treasury yields rise on optimism for Trump's tax plans

Treasury yields rise on optimism for Trump's tax plans

US Treasury yields rose on Thursday as optimism wrapped markets following comments from President Donald Trump that he would reveal plans for US tax reform in the coming weeks. Yields jumped from multi-week lows touched Wednesday after Trump said during a
Published 11 Feb, 2017 12:00am
Treasury yields rise on optimism for Trump''s tax plans

Treasury yields rise on optimism for Trump''s tax plans

US Treasury yields rose on Thursday as optimism wrapped markets following comments from President Donald Trump that he would reveal plans for US tax reform in the coming weeks. Yields jumped from multi-week lows touched Wednesday after Trump said during a
Published 11 Feb, 2017 12:00am
Hong Kong stocks at 3-1/2-month high

Hong Kong stocks at 3-1/2-month high

Hong Kong stocks closed at a 3-1/2-month high on Friday, with support from Wall Street's gains on promises of tax cuts and capital inflows from the mainland.
Published 11 Feb, 2017 12:00am
Trump tax talk lifts Wall Street to record high

Trump tax talk lifts Wall Street to record high

Wall Street's three main indexes surged to fresh record highs on Thursday after President Donald Trump said he would make a major tax announcement in a few weeks. "Lowering the overall tax burden on American business is big league," Trump said during a Wh
Published 11 Feb, 2017 12:00am
Tokyo stocks rally on Trump tax cut promise

Tokyo stocks rally on Trump tax cut promise

Japanese stocks rose sharply Friday, mirroring a surge on Wall Street that was driven by US President Donald Trump's promise to release details soon about tax-cut plans aimed at boosting the world's top economy. US and European equities rallied with the d
Published 11 Feb, 2017 12:00am
Taiwan stocks rally

Taiwan stocks rally

Taiwan stocks rose on Friday boosted by optimism over recent foreign investors' buying and in line with overseas markets, to their highest in more than 20 months. As of 0154 GMT, the main TAIEX index was up 0.7 percent at 9,660.18, its highest since June
Published 11 Feb, 2017 12:00am
Facing closure, top Greek paper absent from newsstands

Facing closure, top Greek paper absent from newsstands

Greece's best-selling daily newspaper Ta Nea was absent from newsstands on Thursday in the latest evidence of the crisis facing its debt-ridden publisher Lambrakis Press Group (DOL). Aside from the occasional suspension due to strike action, "this is the
Published 11 Feb, 2017 12:00am
Indonesia's biggest lender Bank Mandiri to boost loans to miners

Indonesia's biggest lender Bank Mandiri to boost loans to miners

Indonesia's biggest bank by assets, PT Bank Mandiri Tbk, said on Wednesday it was looking to boost its lending to the country's mining industry following an improvement in performance by some companies in the sector. "We have started to eye the mining sec
Published 11 Feb, 2017 12:00am
Total confident despite volatile oil prices

Total confident despite volatile oil prices

French oil major Total said Thursday it planned to increase its dividend to shareholders as it expressed confidence earnings could withstand the current volatility in oil prices. Total said in a statement that its headline net profit soared 22 percent to
Published 11 Feb, 2017 12:00am
Commmerzbank vows to turn new page after tough 2016

Commmerzbank vows to turn new page after tough 2016

Germany's second-largest lender Commerzbank downplayed a sharp slowdown in 2016 Thursday, saying it will win new customers and become more competitive with a deep restructuring. The bank booked net profits that were down more than 74 percent last year at
Published 11 Feb, 2017 12:00am
Renault-Nissan sales close to 10 million in 2016

Renault-Nissan sales close to 10 million in 2016

Renault-Nissan said Wednesday it sold nearly 10 million vehicles world-wide as the group faces up to accusations that Renault participated in an emissions scandal. Renault-Nissan, which has aspirations to become one of the world's top three carmakers behi
Published 11 Feb, 2017 12:00am
Banks, merchants battle over card fees as Dodd-Frank revamp looms

Banks, merchants battle over card fees as Dodd-Frank revamp looms

As another battle over financial reform brews in Washington, a broad coalition of US lenders and card networks is seizing the opportunity to try to recover billions of dollars in annual revenue they lost last time around. Lobbyists for the payments indust
Published 11 Feb, 2017 12:00am
UK economic outlook brightens as Brexit looms

UK economic outlook brightens as Brexit looms

Britain's industrial output grew and the trade deficit improved in December, official data showed Friday, signalling a brighter economic outlook ahead of Brexit. The news comes as The Times newspaper reported that the government has divided British indust
Published 11 Feb, 2017 12:00am
Bucking global trend, Poland launches 500 zloty banknote
Currency

Bucking global trend, Poland launches 500 zloty banknote

Going against a global trend of discouraging cash use, the European Union's biggest eastern economy Poland launched a new 500-zloty ($123.82) banknote on Friday to reduce the cost of storing reserves and better reflect rising levels of affluence. The cent
Published 11 Feb, 2017 12:00am
Juncker promises Ukraine 600 million euros in aid

Juncker promises Ukraine 600 million euros in aid

The EU will give Ukraine 600 million euros ($640 million) to bolster government finances, European Commission head Jean-Claude Juncker said Friday, as Kiev faces an upsurge in fighting with pro-Russian rebels. Juncker, speaking after talks with Ukraine Pr
Published 11 Feb, 2017 12:00am
ArcelorMittal back in the black in 2016

ArcelorMittal back in the black in 2016

Global steel giant ArcelorMittal said Friday that it returned to profit in 2016 on the back of a better operating performance and improved market conditions. ArcelorMittal said in a statement it booked net profit of $1.8 billion in 2016, compared with a n
Published 11 Feb, 2017 12:00am
Brussels talks try to end Greece bailout impasse

Brussels talks try to end Greece bailout impasse

Eurogroup chief Jeroen Dijsselbloem moved Friday to calm fears over Greece's bailout programme as he met key players in Brussels to unblock an impasse with Athens and the IMF. Greece is caught up in a complicated row with its eurozone creditors and the In
Published 11 Feb, 2017 12:00am
Brussels talks try to end Greece bailout impasse

Brussels talks try to end Greece bailout impasse

Eurogroup chief Jeroen Dijsselbloem moved Friday to calm fears over Greece's bailout programme as he met key players in Brussels to unblock an impasse with Athens and the IMF. Greece is caught up in a complicated row with its eurozone creditors and the In
Published 11 Feb, 2017 12:00am
Brussels talks try to end Greece bailout impasse

Brussels talks try to end Greece bailout impasse

Eurogroup chief Jeroen Dijsselbloem moved Friday to calm fears over Greece''s bailout programme as he met key players in Brussels to unblock an impasse with Athens and the IMF. Greece is caught up in a complicated row with its eurozone creditors and the I
Published 11 Feb, 2017 12:00am
Despite attacks, France still top tourist destination

Despite attacks, France still top tourist destination

France attracted between 82.5 million and 83 million foreign visitors last year, maintaining its rank as the world's top tourist destination despite a series of jihadist attacks, its foreign minister said Friday. The figure fell short of the record 85 mil
Published 11 Feb, 2017 12:00am
French job creation strongest since early 2007 in Q4

French job creation strongest since early 2007 in Q4

France's economy created jobs at the fastest pace since early 2007 in the final three months of last year with a 0.4 percent quarterly increase in non-farm payrolls, the INSEE statistics agency said on Friday. INSEE said in a first estimate for the fourth
Published 11 Feb, 2017 12:00am
Energy products boost US import prices in January

Energy products boost US import prices in January

US import prices rose more than expected in January amid further gains in the cost of energy products, but a strong dollar continued to dampen underlying imported inflation. The Labour Department said on Friday import prices increased 0.4 percent last mon
Published 11 Feb, 2017 12:00am
Reckitt buys Mead Johnson for $16.6 billion

Reckitt buys Mead Johnson for $16.6 billion

British consumer health giant Reckitt Benckiser on Friday gobbled US infant and child nutrition specialist Mead Johnson for $16.6 billion in a takeover which targets rapid expansion in Asia. The friendly deal, worth the equivalent of 15.5 billion euros, w
Published 11 Feb, 2017 12:00am
US Midwest corn bids lower

US Midwest corn bids lower

Corn spot basis bids were steady to lower at US Midwest processors and elevators on Wednesday, weighed by gains in futures that triggered increased sales by farmers, dealers said. Bids declined by 1 cent for the second straight day at a closely watched pr
Published 11 Feb, 2017 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canada canola futures rose on Wednesday for a third straight session, lifted by strength in soybeans and technical buying. Canola pared gains in late trading on commercial hedges, a trader said. March canola gained $3.70 at $524 per tonne.
Published 11 Feb, 2017 12:00am
Subdued business on cotton market
Cotton

Subdued business on cotton market

Subdued business was seen on the cotton market on Friday as ginners did not show any interest in fresh deals at the present rates on expectations of further rise in prices, dealers said. The official spot rate was unmoved at Rs 6700, dealers said. In Sind
Published 11 Feb, 2017 12:00am
Activities of Karachi Port

Activities of Karachi Port

The Karachi Port handled 140,500 tonnes of cargo comprising 116,266 tonnes of import cargo and 24,234 tonnes of export cargo including 6,640 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday.
Published 11 Feb, 2017 12:00am
US natural gas futures ease on warmer weather

US natural gas futures ease on warmer weather

US natural gas futures on Wednesday eased on forecasts for warmer weather for the next two weeks, despite a major winter storm expected to hit the Northeast over the next couple of days. Front-month gas futures eased 0.4 cents, or 0.1 percent, to settle a
Published 11 Feb, 2017 12:00am
EU wheat futures rise to four-week high

EU wheat futures rise to four-week high

European wheat futures rose on Wednesday to a four-week high as an export-boosting weakness in the euro for much of the day lent support. But prices held within a technical range, capped by hesitant Chicago futures ahead of closely watched world crop esti
Published 11 Feb, 2017 12:00am
India's wheat imports rise above five million tonnes, biggest in decade

India's wheat imports rise above five million tonnes, biggest in decade

India has bought more than five million tonnes of wheat since mid-2016, already its biggest annual purchase in a decade, after it began an import campaign to meet a supply shortfall left by two years of lower production. The country is slowing down import
Published 11 Feb, 2017 12:00am
US FOB Gulf soyabean offers steady

US FOB Gulf soyabean offers steady

Export premiums for soyabeans shipped from the US Gulf Coast were mostly steady with a firm tone on Wednesday on solid demand from China for summertime shipments from the United States, traders said. Firmer Brazilian export premiums have boosted Chinese i
Published 11 Feb, 2017 12:00am
Asia's naphtha crack falls to three-session low

Asia's naphtha crack falls to three-session low

Asia's naphtha crack extended losses to reach a three-session low of $101.95 a tonne on Wednesday, dragged down by weaker sentiment in the West and a lack of fresh factors to support the recent bull-run in the East, traders said. They added that all the s
Published 11 Feb, 2017 12:00am
PMEX daily trading report

PMEX daily trading report

On Thursday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,154. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 7.14 billion and the number of lots traded was 14,095. Major business was contributed by g
Published 11 Feb, 2017 12:00am
Sadequain's creative journey

Sadequain's creative journey

February 10 marks Sadequain's 30th death anniversary: Sadequain was an energetic, innovative and restless artist who emerged on the art scene of Pakistan in mid 50s. He came dramatically into prominence when his work was displayed as "The Exhibitio
Published 11 Feb, 2017 12:00am
Karachi Chronicle: Population time bomb ticking

Karachi Chronicle: Population time bomb ticking

Call it Family Planning, Birth Control or Population Welfare Department, it has not made an iota of difference to the population boom in nearly 40 years of its existence since the Ayub Khan era. This department was one of the first serious reporting assig
Published 11 Feb, 2017 12:00am
Art Facts: Out of the box

Art Facts: Out of the box

Artists experiment various ideas to create variety of innovative contemporary artworks in a group exhibition titled "Amalgamate" at Sanat Gallery, Karachi. Each of the artists tried to produce something new and acceptable to the viewers meaning they want
Published 11 Feb, 2017 12:00am
Cuban artists paint garments, not canvases for 'Fashion Art' show

Cuban artists paint garments, not canvases for 'Fashion Art' show

A fantastical blue bird emerges from leaves in the latest work by Manuel Mendive, considered Cuba's top living artist. But this isn't a framed canvas, it's a painting on a dress, for the exhibit "Fashion Art Havana" that opened last Tuesday.
Published 11 Feb, 2017 12:00am
As Trump sets up shop, nap studio helps Washingtonians unwind

As Trump sets up shop, nap studio helps Washingtonians unwind

Naps are for wimps, Donald Trump declared repeatedly as he powered his way to the presidency. But one of his new Washington neighbours begs to differ - offering drop-in zen one block from the White House. Founded by a think tank consultant who works 60 to
Published 11 Feb, 2017 12:00am
VR makers aim to save the planet

VR makers aim to save the planet

When consumers get excited about advances in virtual reality, they are usually thinking about videogaming, new and immersive movie-watching or - let's face it - pornography. But a number of projects presented at the Sundance Film Festival have a loftier g
Published 11 Feb, 2017 12:00am
Emirati desert festival brings tradition back to life

Emirati desert festival brings tradition back to life

Women clad in emerald green abayas and men in crisp white gandoura gowns, Emirati folk dancers sway to the steady beat of a Bedouin drum against the desert skyline. The show is part of the 11th edition of the Sultan bin Zayed Heritage Festival, held each
Published 11 Feb, 2017 12:00am
'Romiaaaow & Juliet': John Hurt's strangest role in cat film

'Romiaaaow & Juliet': John Hurt's strangest role in cat film

They could have called it "Cats," if someone hadn't got there first, for John Hurt's strangest movie by far is an obscure Shakespeare adaptation placing him opposite 108 feline co-stars. The British knight of the realm played some of cinema's most iconic
Published 11 Feb, 2017 12:00am
'Trainspotting' returns after 21 years with punchy sequel

'Trainspotting' returns after 21 years with punchy sequel

It was the shocking, surreal, drug-fuelled movie that defined a generation. Two decades later, the ageing Scottish lowlifes of "Trainspotting" are back with a new sequel. "T2: Trainspotting" reunites Ewan McGregor, Robert Carlyle, Jonny Lee Miller and Ewe
Published 11 Feb, 2017 12:00am
'Land of Mine' takes Denmark's dark secret to the Oscars

'Land of Mine' takes Denmark's dark secret to the Oscars

A country's dark secret is the subject of an Oscar-nominated film, as a Danish filmmaker tells the true story of German prisoners of war ordered to disable and remove Nazi-planted land mines in Denmark after World War Two. "Land of Mine," written and dire
Published 11 Feb, 2017 12:00am
Pay attention 007! Gadget whizz 'Q' is a woman in real life

Pay attention 007! Gadget whizz 'Q' is a woman in real life

The boffin behind James Bond's lethal array of gadgets like car ejector-seats and exploding toothpaste - known only as "Q" - has always been portrayed in the 007 films as a man. Actors who have played him include Desmond Llewelyn, Geoffrey Bayldon and Joh
Published 11 Feb, 2017 12:00am
Bridge Notes: Nothing can be more thrilling

Bridge Notes: Nothing can be more thrilling

Sometimes defense becomes real tough and it is in such a situation of crisis that the defender's caliber at Bridge is tested. Let us illustrate by example. NS are in 6H on the following bidding. The bidding As west you hold:
Published 11 Feb, 2017 12:00am
'Whose Streets?' aims to show humanity of community

'Whose Streets?' aims to show humanity of community

The filmmakers of "Whose Streets?," chronicling the uprising in Ferguson, Missouri after the 2014 police killing of unarmed black teenager Michael Brown, said the documentary attempts to show the humanity behind a community in crisis.
Published 11 Feb, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 11 Feb, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 11 Feb, 2017 12:00am
Rates State Bank of Pakistan conversion rates
Currency

Rates 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 11 Feb, 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 11 Feb, 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 Friday (February 10, 2017).

Published 11 Feb, 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 Friday (February 10, 2017).

Published 11 Feb, 2017 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (February 10, 2017).
Published 11 Feb, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (February 10, 2017).

Published 11 Feb, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (February 10, 2017).

Published 11 Feb, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (February 10, 2017).

Published 11 Feb, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (February 10, 2017).

Published 11 Feb, 2017 12:00am
Pakistan's stance on FMCT

Pakistan's stance on FMCT

Days ahead of the annual meeting of the Conference on Disarmament (CD) Pakistan has warned that it would not drop its opposition to the commencement of the Fissile Material Cut-off Treaty (FMCT) unless it covers India's existing stockpiles of fissile mate
Published 11 Feb, 2017 12:00am
Genocide of Rohingya Muslims

Genocide of Rohingya Muslims

There is a huge thick curtain that keeps the ongoing anti-Muslim genocidal campaign in Myanmar hidden from the world. As to what is going on behind this curtain not much is known, as much for the distraction caused by the presence in there of the so-calle
Published 11 Feb, 2017 12:00am
Avalanche and rain disasters

Avalanche and rain disasters

This week turned out to be worst in extreme weather days in the northern areas particularly Chitral as an avalanche came tumbling down on a small village, burying several houses. At least nine people, including a soldier at the Chitral Scouts post in Aran
Published 11 Feb, 2017 12:00am
Relevance of TDAP

Relevance of TDAP

It has been widely argued that Trade Development Authority of Pakistan (TDAP) has lost its relevance because of country's changing export base. Moreover, TDAP is accused of moving away from its objective of export promotion to an event management company
Published 11 Feb, 2017 12:00am
Venezuela falls behind on oil-for-loan deals

Venezuela falls behind on oil-for-loan deals

Venezuela's state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel under oil-for-loan deals with China and Russia, according to internal company documents reviewed by Reuters. The delayed shipments to such crucial political
Published 11 Feb, 2017 12:00am
Oil overhang points to need for extended OPEC output cuts

Oil overhang points to need for extended OPEC output cuts

An OPEC-led production cut may well be accelerating a drawdown in global oil stocks that began last year, but implementing the reduction for just six months means the producer group will fall short of achieving its objective of rebalancing the market. The
Published 11 Feb, 2017 12:00am
Modi's sinister ambitions

Modi's sinister ambitions

This is apropos a Business Recorder news item "World urged to take note of India's 'secret nuclear city'" carried by the newspaper yesterday. According to it, the Foreign Office has cautioned the world to take notice of India's "secret nuclear city" being
Published 11 Feb, 2017 12:00am
Fed's Tarullo resigns

Fed's Tarullo resigns

The Federal Reserve governor in charge of banking oversight submitted his resignation on Friday, creating a third vacancy for US President Donald Trump to fill. Daniel Tarullo, who helped enforce banking rules in the wake of the global financial crisis, w
Published 11 Feb, 2017 12:00am
Fed''s Tarullo resigns

Fed''s Tarullo resigns

The Federal Reserve governor in charge of banking oversight submitted his resignation on Friday, creating a third vacancy for US President Donald Trump to fill. Daniel Tarullo, who helped enforce banking rules in the wake of the global financial crisis, w
Published 11 Feb, 2017 12:00am
Fed''''s Tarullo resigns

Fed''''s Tarullo resigns

The Federal Reserve governor in charge of banking oversight submitted his resignation on Friday, creating a third vacancy for US President Donald Trump to fill. Daniel Tarullo, who helped enforce banking rules in the wake of the global financial crisis, w
Published 11 Feb, 2017 12:00am
Brussels talks fail to end Greece bailout impasse

Brussels talks fail to end Greece bailout impasse

Talks between Greece and its creditors ended with no breakthrough Friday as months of feuding with the International Monetary Fund raised fears of a new debt crisis. Greece is caught up in a complicated row with its eurozone paymasters and the IMF over de
Published 11 Feb, 2017 12:00am
Trump backs 'One China' policy
Currency

Trump backs 'One China' policy

President Donald Trump reaffirmed Washington's "One China" policy in what he said Friday was a "very warm" conversation with Xi Jinping, in an apparent effort to ease tensions after angering Beijing by questioning a major plank of Sino-US relations.
Published 11 Feb, 2017 12:00am
Trump backs ''One China'' policy
Currency

Trump backs ''One China'' policy

President Donald Trump reaffirmed Washington''s "One China" policy in what he said Friday was a "very warm" conversation with Xi Jinping, in an apparent effort to ease tensions after angering Beijing by questioning a major plank of Sino-US relations.
Published 11 Feb, 2017 12:00am
FBR suspends audit of taxpayers for 30 days

FBR suspends audit of taxpayers for 30 days

On the request of Federation Pakistan Chambers of Commerce and Industry (FPCCI), the Federal Board of Revenue (FBR) Friday decided to suspend the audit of taxpayers for 30 days. During a visit to the Federation House, Chairman FBR Dr Muhammad Irshad, on t
Published 11 Feb, 2017 12:00am
FBR suspends audit of taxpayers for 30 days

FBR suspends audit of taxpayers for 30 days

On the request of Federation Pakistan Chambers of Commerce and Industry (FPCCI), the Federal Board of Revenue (FBR) Friday decided to suspend the audit of taxpayers for 30 days. During a visit to the Federation House, Chairman FBR Dr Muhammad Irshad, on t
Published 11 Feb, 2017 12:00am
FBR suspends audit of taxpayers for 30 days

FBR suspends audit of taxpayers for 30 days

On the request of Federation Pakistan Chambers of Commerce and Industry (FPCCI), the Federal Board of Revenue (FBR) Friday decided to suspend the audit of taxpayers for 30 days. During a visit to the Federation House, Chairman FBR Dr Muhammad Irshad, on t
Published 11 Feb, 2017 12:00am
Equities inch up

Equities inch up

Pakistan Stock Exchange (PSX) witnessed another volatile session Friday. The 100-index, after moving between 50,093.38 points intra-day high and 49,845.47 points intra-day low, closed at 49,925.08 points with a modest gain of 16.93 points on Friday.
Published 11 Feb, 2017 12:00am
Equities inch up

Equities inch up

Pakistan Stock Exchange (PSX) witnessed another volatile session Friday. The 100-index, after moving between 50,093.38 points intra-day high and 49,845.47 points intra-day low, closed at 49,925.08 points with a modest gain of 16.93 points on Friday.
Published 11 Feb, 2017 12:00am
Equities inch up

Equities inch up

Pakistan Stock Exchange (PSX) witnessed another volatile session Friday. The 100-index, after moving between 50,093.38 points intra-day high and 49,845.47 points intra-day low, closed at 49,925.08 points with a modest gain of 16.93 points on Friday.
Published 11 Feb, 2017 12:00am
BRIndex30 gains 124.3 points

BRIndex30 gains 124.3 points

On Friday, BRIndex30 opened at 28,867.39 points. It touched an intraday high of 29,176.40 points and an intraday low of 28,857.46 points and closed at 28,991.69 points which was 124.3 points or 0.43 percent higher than previous close. Total volume was 205
Published 11 Feb, 2017 12:00am
BRIndex30 gains 124.3 points

BRIndex30 gains 124.3 points

On Friday, BRIndex30 opened at 28,867.39 points. It touched an intraday high of 29,176.40 points and an intraday low of 28,857.46 points and closed at 28,991.69 points which was 124.3 points or 0.43 percent higher than previous close. Total volume was 205
Published 11 Feb, 2017 12:00am
Governments hold talks to whittle Nepra's powers down

Governments hold talks to whittle Nepra's powers down

The federation and provinces on Friday reportedly held unsuccessful parleys on clipping Nepra wings through Islamabad's "desired" amendments to the Act 1997, which purportedly grants extraordinary power to the regulator, well-informed sources told Busi
Published 11 Feb, 2017 12:00am
Governments hold talks to whittle Nepra''s powers down

Governments hold talks to whittle Nepra''s powers down

The federation and provinces on Friday reportedly held unsuccessful parleys on clipping Nepra wings through Islamabad''s "desired" amendments to the Act 1997, which purportedly grants extraordinary power to the regulator, well-informed sources told Bus
Published 11 Feb, 2017 12:00am
Governments hold talks to whittle Nepra''''s powers down

Governments hold talks to whittle Nepra''''s powers down

The federation and provinces on Friday reportedly held unsuccessful parleys on clipping Nepra wings through Islamabad''''s "desired" amendments to the Act 1997, which purportedly grants extraordinary power to the regulator, well-informed sources told B
Published 11 Feb, 2017 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 11 Feb, 2017 12:00am
Nandipur cost soars to Rs 61.6 billion

Nandipur cost soars to Rs 61.6 billion

The cost of the much touted 425MW Nandipur power plant has increased by Rs 3.6 billion to Rs 61.6 billion from Rs 58 billion due to inclusion of an additional cost of Rs 4.7 billion of an 88-kilometer gas pipeline which would result in a new tariff petiti
Published 11 Feb, 2017 12:00am
Nandipur cost soars to Rs 61.6 billion

Nandipur cost soars to Rs 61.6 billion

The cost of the much touted 425MW Nandipur power plant has increased by Rs 3.6 billion to Rs 61.6 billion from Rs 58 billion due to inclusion of an additional cost of Rs 4.7 billion of an 88-kilometer gas pipeline which would result in a new tariff petiti
Published 11 Feb, 2017 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Feb, 2017 12:00am
Nandipur cost soars to Rs 61.6 billion

Nandipur cost soars to Rs 61.6 billion

The cost of the much touted 425MW Nandipur power plant has increased by Rs 3.6 billion to Rs 61.6 billion from Rs 58 billion due to inclusion of an additional cost of Rs 4.7 billion of an 88-kilometer gas pipeline which would result in a new tariff petiti
Published 11 Feb, 2017 12:00am
Chatha Punjab's nominee on Nepra

Chatha Punjab's nominee on Nepra

Cabinet Division has reportedly proposed nomination of Saifullah Chatha as Member National Electric Power Regulatory Authority (Nepra) from Punjab on the recommendations of the concerned provincial government. Sources in the Finance Division said the Prim
Published 11 Feb, 2017 12:00am
Chatha Punjab''s nominee on Nepra

Chatha Punjab''s nominee on Nepra

Cabinet Division has reportedly proposed nomination of Saifullah Chatha as Member National Electric Power Regulatory Authority (Nepra) from Punjab on the recommendations of the concerned provincial government. Sources in the Finance Division said the Prim
Published 11 Feb, 2017 12:00am
Chatha Punjab''''s nominee on Nepra

Chatha Punjab''''s nominee on Nepra

Cabinet Division has reportedly proposed nomination of Saifullah Chatha as Member National Electric Power Regulatory Authority (Nepra) from Punjab on the recommendations of the concerned provincial government. Sources in the Finance Division said the Prim
Published 11 Feb, 2017 12:00am
OGDCL's circular debt increases by Rs 8.6 billion in HI

OGDCL's circular debt increases by Rs 8.6 billion in HI

Circular debt of Oil and Gas Development Company (OGDCL) increased by Rs 8.6 billion in the first six months of current fiscal year and rose to Rs 119.8 billion by December 31, 2016 against Rs 111.2 billion in June 30, 2016. This was revealed in documents
Published 11 Feb, 2017 12:00am
OGDCL''s circular debt increases by Rs 8.6 billion in HI

OGDCL''s circular debt increases by Rs 8.6 billion in HI

Circular debt of Oil and Gas Development Company (OGDCL) increased by Rs 8.6 billion in the first six months of current fiscal year and rose to Rs 119.8 billion by December 31, 2016 against Rs 111.2 billion in June 30, 2016. This was revealed in documents
Published 11 Feb, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (February 10, 2017).

Published 11 Feb, 2017 12:00am
OGDCL''''s circular debt increases by Rs 8.6 billion in HI

OGDCL''''s circular debt increases by Rs 8.6 billion in HI

Circular debt of Oil and Gas Development Company (OGDCL) increased by Rs 8.6 billion in the first six months of current fiscal year and rose to Rs 119.8 billion by December 31, 2016 against Rs 111.2 billion in June 30, 2016. This was revealed in documents
Published 11 Feb, 2017 12:00am
US appeals court rules against Trump on travel ban
Cotton

US appeals court rules against Trump on travel ban

A US court on Thursday unanimously refused to reinstate Donald Trump's ban on refugees and nationals from seven Muslim-majority countries, dealing the new president and his controversial law-and-order agenda a major defeat. The San Francisco federal appea
Published 11 Feb, 2017 12:00am
US appeals court rules against Trump on travel ban
Cotton

US appeals court rules against Trump on travel ban

A US court on Thursday unanimously refused to reinstate Donald Trump''s ban on refugees and nationals from seven Muslim-majority countries, dealing the new president and his controversial law-and-order agenda a major defeat. The San Francisco federal appe
Published 11 Feb, 2017 12:00am
Hundreds of thousands rally in Iran

Hundreds of thousands rally in Iran

Hundreds of thousands of Iranians rallied on Friday to swear allegiance to their clerical leaders and reject US President Donald Trump's warning that he had put the Islamic Republic "on notice", state TV reported. On the anniversary of Iran's 1979 Islamic
Published 11 Feb, 2017 12:00am
Hundreds of thousands rally in Iran

Hundreds of thousands rally in Iran

Hundreds of thousands of Iranians rallied on Friday to swear allegiance to their clerical leaders and reject US President Donald Trump''s warning that he had put the Islamic Republic "on notice", state TV reported. On the anniversary of Iran''s 1979 Islam
Published 11 Feb, 2017 12:00am
THE RUPEE: steadier trend
Currency

THE RUPEE: steadier trend

No major changes were seen on the money market on Friday as the rupee almost held the present levels in terms of the dollar in the process of trading, dealers said. The rupee managed to gain two paisas versus the dollar for buying and selling at Rs 104.78
Published 11 Feb, 2017 12:00am
PCB suspends Sharjeel, Latif in corruption probe

PCB suspends Sharjeel, Latif in corruption probe

The Pakistan Cricket Board Friday provisionally suspended Sharjeel Khan and Khalid Latif under its Anti-Corruption Code and dumped the pair out of the Pakistan Super League. "Sharjeel and Latif have been suspended and the rigorous and wide-ranging investi
Published 11 Feb, 2017 12:00am
THE RUPEE: steadier trend
Currency

THE RUPEE: steadier trend

No major changes were seen on the money market on Friday as the rupee almost held the present levels in terms of the dollar in the process of trading, dealers said. The rupee managed to gain two paisas versus the dollar for buying and selling at Rs 104.78
Published 11 Feb, 2017 12:00am
PCB suspends Sharjeel, Latif in corruption probe

PCB suspends Sharjeel, Latif in corruption probe

The Pakistan Cricket Board Friday provisionally suspended Sharjeel Khan and Khalid Latif under its Anti-Corruption Code and dumped the pair out of the Pakistan Super League. "Sharjeel and Latif have been suspended and the rigorous and wide-ranging investi
Published 11 Feb, 2017 12:00am
Three Chinese miners killed in Albanian mine

Three Chinese miners killed in Albanian mine

Three Chinese miners, trapped for a week at the bottom of a chrome mine Bulqiza in central Albania after an explosion, were found dead Friday, the government said. Their bodies were recovered from a depth of more than 1,000 metres (3,300 feet). Three othe
Published 11 Feb, 2017 12:00am
Three Chinese miners killed in Albanian mine

Three Chinese miners killed in Albanian mine

Three Chinese miners, trapped for a week at the bottom of a chrome mine Bulqiza in central Albania after an explosion, were found dead Friday, the government said. Their bodies were recovered from a depth of more than 1,000 metres (3,300 feet). Three othe
Published 11 Feb, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 10, 2017).

Published 11 Feb, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 10, 2017).

Published 11 Feb, 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 Friday (February 10, 2017).

Published 11 Feb, 2017 12:00am
Exporters to benefit from duty drawback package anytime soon: Dastgir

Exporters to benefit from duty drawback package anytime soon: Dastgir

Minister for Commerce Engineer Khurram Dastgir Khan chaired an inter-ministerial meeting attended by Secretary Textile Industry and Secretary Commerce. According to a press release, the minister said the required notifications for both textile and non-tex
Published 11 Feb, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (February 10, 2017)

Published 11 Feb, 2017 12:00am
Exporters to benefit from duty drawback package anytime soon: Dastgir

Exporters to benefit from duty drawback package anytime soon: Dastgir

Minister for Commerce Engineer Khurram Dastgir Khan chaired an inter-ministerial meeting attended by Secretary Textile Industry and Secretary Commerce. According to a press release, the minister said the required notifications for both textile and non-tex
Published 11 Feb, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (February 10, 2017).

Published 11 Feb, 2017 12:00am
Exporters to benefit from duty drawback package anytime soon: Dastgir

Exporters to benefit from duty drawback package anytime soon: Dastgir

Minister for Commerce Engineer Khurram Dastgir Khan chaired an inter-ministerial meeting attended by Secretary Textile Industry and Secretary Commerce. According to a press release, the minister said the required notifications for both textile and non-tex
Published 11 Feb, 2017 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 11 Feb, 2017 12:00am
Deutsche Boerse boss faces new insider trading questions

Deutsche Boerse boss faces new insider trading questions

Insider trading suspicions against Deutsche Boerse chief Carsten Kengeter took a new turn Friday after a German media report that he discussed merger plans with the London Stock Exchange with a government official shortly before a large share purchase. De
Published 11 Feb, 2017 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 11 Feb, 2017 12:00am
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