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Archive - 2017-02-24
Drinkable water, basic right of citizens: CM
General News

Drinkable water, basic right of citizens: CM

LAHORE: Punjab Chief Minister Shehbaz Sharif on Friday said drinkable water was basic right of citizens and project of public welfare, already delayed, will be taken in right direction by taking speedy steps.
Published 24 Feb, 2017 08:06pm
Shaking off dieselgate, VW races back into profit
Industry

Shaking off dieselgate, VW races back into profit

WOLFSBURG: German auto giant Volkswagen on Friday said it raced back into the black in 2016 as car sales hit an all-time high, in the latest sign of its "dieselgate" scandal fading into the rearview mirror.
Published 24 Feb, 2017 06:51pm
Private data leaked online by Cloudflare bug
Technology

Private data leaked online by Cloudflare bug

SAN FRANCISCO: Internet users Friday were being urged to change all their passwords in the wake of a Cloudflare bug that could have leaked passwords, messages and more from website visits.
Published 24 Feb, 2017 06:39pm
Tennis: Dubai loss ends Kerber number one dream
Sports

Tennis: Dubai loss ends Kerber number one dream

DUBAI: Angelique Kerber lost the chance to return to the top of the WTA rankings, after losing 6-3, 7-6 (7/3) to Elina Svitolina on Friday in the Dubai Tennis Championships semi-finals.
Published 24 Feb, 2017 06:36pm
Dar, CJCSC, Air chief discuss projects of PAF
General News

Dar, CJCSC, Air chief discuss projects of PAF

ISLAMABAD: Finance Minister Senator Muhammad Ishaq Dar, Chairman Joint Chiefs of Staff Committee Gen Zubair Mahmood Hayat and Chief of Air Staff Air Chief Marshal Sohail Aman held a meeting at the Joint Staff Headquarters, Chaklala, on Friday.
Published 24 Feb, 2017 06:14pm
Bank Alfalah posts profit after tax of Rs.7.9bn with EPS of Rs.4.96
Top News

Bank Alfalah posts profit after tax of Rs.7.9bn with EPS of Rs.4.96

KARACHI: Bank Alfalah has announced its financial results for the year ended 31 December 2016, with the Bank registering Profit after tax of Rs.7.9 billion in December 2016 as against Rs.7.5 billion in December 2015, improving by 5 percent.%D%A
Published 24 Feb, 2017 04:13pm
PSL II: Zalmi beat Qalandars by 17 runs
Cricket

PSL II: Zalmi beat Qalandars by 17 runs

DUBAI: Peshawar Zalmi posted 166 runs at the loss of six wickets against the Lahore Qalandar, after they elected to bat first in the 16th encounter of the ongoing Pakistan Super League (PSL) 2017 at the Dubai International Stadium on Friday.
Updated 24 Feb, 2017 03:16pm
Modi blames Pakistan for deadly rail crash
Front Top News

Modi blames Pakistan for deadly rail crash

%D%ANEW DELHI: A train crash that killed 148 people may have been caused deliberately as part of a "conspiracy" hatched in Pakistan, India's prime minister said Friday, as he campaigned for a key state election.
Published 24 Feb, 2017 01:15pm
RECORDER REPORT-PSX close of day
Pakistan Top News

RECORDER REPORT-PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed lower on Friday having 48950.
Published 24 Feb, 2017 11:46am
Govt may grant tax exemptions to protect depositors' interests
Top News

Govt may grant tax exemptions to protect depositors' interests

%D%ASOHAIL SARFRAZ %D%AISLAMABAD: The government is planning to grant exemption from income tax, minimum tax and withholding tax/advance tax to Deposit Protection Corporation (DPC), through Finance Bill 2017-18, which would ensure safety of depositors in
Published 24 Feb, 2017 10:52am
China extends support to 'Raad ul Fasaad' military operation
Pakistan Top News

China extends support to 'Raad ul Fasaad' military operation

BEIJING: China on Friday extended its support to military operation "Raad ul Fasaad" launched to eliminate residual threat of terrorism and extremism across Pakistan besides ensuring security of borders.
Published 24 Feb, 2017 10:46am
Japan provides US$4.4mn for airports' security in Pakistan
Pakistan Top News

Japan provides US$4.4mn for airports' security in Pakistan

ISLAMABAD: Japan International Cooperation Agency (JICA) has extended Pakistan a grant assistance to materialize the non project grant assistance amounting to 500 million Yen (US $4.
Published 24 Feb, 2017 10:45am
Asphyxian Forest by Hannes Flo
Featured Photos

Asphyxian Forest by Hannes Flo

Photo Credit: Hannes Flo%D%AHannes flo is a 23-year-old from Austria and is an avid music enthusiast.
Published 24 Feb, 2017 10:13am
Stratosphere by Esteban Watier
Featured Photos

Stratosphere by Esteban Watier

Photo Credit: Esteban Watier%Dsteban Watier, an amazing self-taught photographer hails from Paris, France; where he also works.
Published 24 Feb, 2017 09:36am
Bangkok Street by Christopher Markisz
Featured Photos

Bangkok Street 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 24 Feb, 2017 09:20am
Lahore DHA blast was not an act of terrorism: Punjab Law Minister
Front Top News

Lahore DHA blast was not an act of terrorism: Punjab Law Minister

LAHORE: Punjab Law Minister Rana Sanaullah said on Friday that the blast in Lahore's DHA area a day earlier was not an act of terror but an "accident", as forensic samples collected from the site had shown that the blast was a cylinder explosion.
Published 24 Feb, 2017 08:56am
Lobster Cars: The Ice Fishing Houses by Chris Becker
Featured Photos

Lobster Cars: The Ice Fishing Houses by Chris Becker

Photo Credit: Chris Becker%Dhris Becker, a fine art and documentary photographer, was born and raised in Minnesota and currently lives and works in Kennebunkport, ME, USA.
Published 24 Feb, 2017 08:39am
Prism Infinity by Benjamin Henon
Featured Photos

Prism Infinity by Benjamin Henon

Photo Credit: Benjamin Henon%Denjamin Henon is a professional photographer and artist who was born and grew up in Senlis, a small town in the North of France and currently lives and works in Paris.
Published 24 Feb, 2017 08:23am
CTD kills six terrorists in Muzaffargarh
General News

CTD kills six terrorists in Muzaffargarh

MUZAFFARGARH: Counter Terrorism Department (CTD) claimed to have killed six terrorists while four others managed to escape during a raid near Village Patti Sultan Mahmood Sharqi, Muzaffargarh early morning.
Published 24 Feb, 2017 08:16am
CPEC enhances importance, responsibility of northern areas
General News

CPEC enhances importance, responsibility of northern areas

ASTORE: Gilgit-Baltistan Minister for Information, Iqbal Hassan has said that China Pakistan Economic Corridor (CPEC) was the message of progress and prosperity and will not only change the history of Pakistan and Gilgit-Baltistan but the whole South Asia
Published 24 Feb, 2017 08:09am
Work-Shop by Ben Geier
Featured Photos

Work-Shop by Ben Geier

Photo Credit: Ben Geier%Den Geier is a professional digital and film photographer, art director and designer currently based in Batavia, IL, USA.
Published 24 Feb, 2017 08:01am
Labour beats UKIP to win by-election in Brexit bastion
Europe

Labour beats UKIP to win by-election in Brexit bastion

LONDON: Britain's Labour party on Friday beat UKIP to win a by-election in the Brexit bastion of Stoke-on-Trent, holding onto its seat while awaiting the results of a second battle against the ruling Conservatives.
Published 24 Feb, 2017 07:49am
Karachi on high alert amid security threat
Front Top News

Karachi on high alert amid security threat

KARACHI: The law-enforcement agencies would remain on a high-alert in the city, in view of terrorism threat on Friday, as Inspector General Sindh Police A D Khwaja directed police to make foolproof security in the city for Friday prayers.
Published 24 Feb, 2017 07:41am
Kim Jong-Nam killed by VX nerve agent: Malaysia police
Asia

Kim Jong-Nam killed by VX nerve agent: Malaysia police

KUALA LUMPUR: North Korean leader Kim Jong-Un's half brother was assassinated with a lethal nerve agent manufactured for chemical warfare and listed by the UN as a weapon of mass destruction, Malaysian police said Friday.
Published 24 Feb, 2017 07:30am
Police kills high profile terrorists in Karachi
General News

Police kills high profile terrorists in Karachi

KARACHI: In the wake of recent wave of terrorism in the country, Sindh Police have killed two terrorists belonging to the banned Daesh group during an encounter in the Metropolis during the wee hours on Friday.
Published 24 Feb, 2017 07:22am
Trade: Reading between the lines
Miscellaneous

Trade: Reading between the lines

Trade deficit has widened by 29 percent in July to January 2017 compared to this period last year, mainly because exports have not recovered at all, despite some breathing space provided by value-added textile.
Published 24 Feb, 2017 06:23am
NPL's weak performance .
Miscellaneous

NPL's weak performance .

Nishat Grouprs IPP, Nishat Power Limited (PSX: NPL) has seen its revenues come down in the last couple of years - from Rs27.
Published 24 Feb, 2017 06:23am
NBP: Fantastic profits
Miscellaneous

NBP: Fantastic profits

In the season of middling banking profits, National Bank of Pakistan (NBP) once again stood out, with a healthy 18 percent year-on-year increase in after-tax profits.
Published 24 Feb, 2017 06:22am
Manny Pacquiao 'in negotiations' to fight Amir Khan

Manny Pacquiao 'in negotiations' to fight Amir Khan

Philippine boxing hero Manny Pacquiao on Thursday said he was "in negotiations" to face British fighter Amir Khan, after weeks of conflicting reports over his next bout. "My team and I are in negotiations with Amir Khan for our next fight. Further announc
Published 24 Feb, 2017 12:00am
Kazakhstan biathletes angry despite winning Asian titles

Kazakhstan biathletes angry despite winning Asian titles

Kazakhstan's top biathletes lashed out at Austrian authorities Thursday over a doping raid which they said made them feel like criminals. Kazakhstan won two gold medals in biathlon in Japan on Thursday, but athletes said their celebrations were dampened b
Published 24 Feb, 2017 12:00am
Budapest bid chief slams Olympics withdrawal

Budapest bid chief slams Olympics withdrawal

The chief of Budapest's Olympics bid committee has deplored the capital's withdrawal from the race to host the 2024 Games, after a referendum drive forced the city to drop its candidacy. The decision, announced by the right-wing government on Wednesday ev
Published 24 Feb, 2017 12:00am
Aussie, New Zealand dip
Currency

Aussie, New Zealand dip

The Australian dollar lost some ground on Thursday after a surprisingly sharp fall in business spending last quarter offered speculators an excuse to short the currency, dragging the New Zealand dollar lower. The Australian dollar dropped around a fifth o
Published 24 Feb, 2017 12:00am
Sterling edges up against dollar, euro
Currency

Sterling edges up against dollar, euro

Sterling inched up against the dollar and euro on Thursday, helped against the latter by a poll that added to growing concerns over the outcome of French presidential elections in April and May. The pound rose around 0.1 percent against the dollar in morn
Published 24 Feb, 2017 12:00am
Yuan slips

Yuan slips

China's yuan slipped against the US dollar on Thursday, even amid a stronger daily fixing, as the dollar found support after Federal Reserve minutes pointed to another rate hike "fairly soon". Traders expected the spot yuan market to remain quiet before t
Published 24 Feb, 2017 12:00am
Asian currencies move higher

Asian currencies move higher

Emerging Asian currencies edged higher on Thursday after the minutes of the US Federal Reserve's latest policy meeting did little to bolster expectations that the Fed would raise interest rates next month. The South Korean won rose 0.4 percent to 1,138 pe
Published 24 Feb, 2017 12:00am
Sri Lankan rupee up
Currency

Sri Lankan rupee up

The Sri Lankan rupee ended firmer on Thursday as exporters sold the US dollar, but concerns over possible further depreciation in the domestic currency in the absence of central bank guidance weighed on the sentiment, dealers said. Rupee forwards were act
Published 24 Feb, 2017 12:00am
Bangladesh's inter-bank forex rates

Bangladesh's inter-bank forex rates

Inter-bank buy/sell rates for the taka against the dollar on Thursday. 79.30-79.35 (previous 79.30-79.30).
Published 24 Feb, 2017 12:00am
Dollar falls against euro, yen in New York
Currency

Dollar falls against euro, yen in New York

The dollar fell against the euro and yen on Wednesday after Federal Reserve meeting minutes disappointed expectations for a hawkish tone and anti-EU French presidential candidate Marine Le Pen's perceived chances of winning fell. The minutes of the Fed's
Published 24 Feb, 2017 12:00am
Early trade in New York: Dollar falls across the board
Currency

Early trade in New York: Dollar falls across the board

The US dollar fell against a basket of major currencies on Thursday on a perceived lack of progress on US tax reform and public spending, while Wednesday's more dovish-than-expected Federal Reserve meeting minutes continued to weigh on the greenback. The
Published 24 Feb, 2017 12:00am
Dollar dips as policy worries weigh in Europe
Currency

Dollar dips as policy worries weigh in Europe

The dollar retreated almost half a percent against the yen on Thursday, weighed down by the lack of progress towards a near-term rise in interest rates or tax reforms and public spending that investors hope will reflate the US economy. In European and Asi
Published 24 Feb, 2017 12:00am
Dollar drifts in Asia
Currency

Dollar drifts in Asia

The dollar drifted on Thursday as impact from the Federal Reserve's policy meeting minutes and supportive comments from a top US official faded, while the Australian dollar slipped in the wake of downbeat economic data. The greenback was little changed at
Published 24 Feb, 2017 12:00am
FTSE up as Barclays, RSA gains outweigh ex-dividend

FTSE up as Barclays, RSA gains outweigh ex-dividend

Britain's blue-chip index edged up on Thursday as strong showings from Barclays, Intu and RSA outweighed losses through companies going ex-dividend. Barclays was the third listed British lender to report earnings this week, surprising investors and analys
Published 24 Feb, 2017 12:00am
Most Southeast: Asian markets cautious

Most Southeast: Asian markets cautious

Southeast Asian stock markets, except Singapore, moved sideways on a lack of firm cues after minutes of a US Federal Reserve meeting showed it would wait for jobs and inflation data to meet expectations to decide on the timing of its next rate increase.
Published 24 Feb, 2017 12:00am
Australian shares slip; New Zealand up

Australian shares slip; New Zealand up

Australian shares ended lower on Thursday, heavily pulled down by the materials sector, with Rio Tinto slumping after trading ex-dividend. The S&P/ASX 200 index was off 0.4 percent, or 20.399 points, at 5,784.7 by the close of trade. The benchmark ended 0
Published 24 Feb, 2017 12:00am
European shares edge towards recent highs, Barclays rallies
Currency

European shares edge towards recent highs, Barclays rallies

European shares edged up to near a 14-month high on Thursday, supported by a rally in Barclays and Dialog. Shares in the British bank rose 3.8 percent after it reported a surprise increase in its core capital ratio as it took advantage of rising profits.
Published 24 Feb, 2017 12:00am
China stocks fall

China stocks fall

China's main stock indexes snapped a three-session winning streak to end lower on Thursday, as expectations of new asset management rules and property taxes weighed on the market. The blue-chip CSI300 index fell 0.5 percent, to 3,473.32 points, while the
Published 24 Feb, 2017 12:00am
India's NSE index rises, Airtel rally

India's NSE index rises, Airtel rally

The broader NSE index ended higher on Thursday, having earlier hit a near two-year high, with IT stocks leading the gains on the day of derivatives expiry. Infosys gained 1.66 percent and Tata Consultancy Services rose 2.8 percent, while Bharti Airtel hit
Published 24 Feb, 2017 12:00am
Treasury yields slip as Fed strikes uncertain tone

Treasury yields slip as Fed strikes uncertain tone

US long-dated Treasury debt yields edged lower on Wednesday in choppy trading, after minutes of the latest Federal Reserve monetary policy meeting struck a cautious tone on raising interest rates, reducing expectations of a hike next month. According to t
Published 24 Feb, 2017 12:00am
Treasury yields slip as Fed strikes uncertain tone

Treasury yields slip as Fed strikes uncertain tone

US long-dated Treasury debt yields edged lower on Wednesday in choppy trading, after minutes of the latest Federal Reserve monetary policy meeting struck a cautious tone on raising interest rates, reducing expectations of a hike next month. According to t
Published 24 Feb, 2017 12:00am
Hong Kong stocks down

Hong Kong stocks down

Hong Kong stocks edged lower on Thursday, after the US Federal Reserve meeting minutes showed some policy uncertainty even as there was broad consensus on rates having to rise further. The benchmark Hang Seng index dropped 0.4 percent, to 24,114.86, while
Published 24 Feb, 2017 12:00am
Dow notches another record high; S&P slips

Dow notches another record high; S&P slips

The S&P 500 ended modestly weaker on Wednesday, holding losses after minutes from the Federal Reserve's last meeting kept alive a potential near-term interest rate hike, while DuPont shares helped the Dow close at an all-time high for a ninth straight ses
Published 24 Feb, 2017 12:00am
Thursday's early trade: Dow, S&P slip as tech losses outweigh oil gains

Thursday's early trade: Dow, S&P slip as tech losses outweigh oil gains

The S&P 500 and the Dow Jones Industrial Average reversed course after hitting record intraday highs late Thursday morning as losses in tech stocks offset the impact of a surge in oil prices. Oil rose more than 2 percent after data showed a surprise decli
Published 24 Feb, 2017 12:00am
Tokyo shares lower

Tokyo shares lower

Tokyo stocks eased Thursday as a stronger yen weighed on exporters, while Toshiba dived on renewed worries about its future as it tries to shore up a battered balance sheet. The decline came despite the Dow on Wall Street recording its ninth successive al
Published 24 Feb, 2017 12:00am
US labour, housing markets data underscore economy's stamina

US labour, housing markets data underscore economy's stamina

The number of Americans filing for unemployment benefits rose slightly last week but the four-week average of such claims, considered a better gauge, fell to a 43-1/2-year low in a sign of a strengthening labour market. Other data on Thursday showed house
Published 24 Feb, 2017 12:00am
Tobacco giant BAT strikes lucky with weak pound

Tobacco giant BAT strikes lucky with weak pound

British American Tobacco said Thursday that its 2016 profits were boosted by a pre-Brexit decline in the pound, as the group awaits completion of its take-over of US peer Reynolds. Net profit rose eight percent to £4.85 billion ($6.0 billion, 5.7 billion
Published 24 Feb, 2017 12:00am
Briton arrested over Deutsche Telekom hacking

Briton arrested over Deutsche Telekom hacking

A British national has been arrested at a London airport on suspicion of staging a cyber attack on Deutsche Telekom last year that knocked around a million German households offline, officials in both countries said Thursday. The 29-year-old, who was subj
Published 24 Feb, 2017 12:00am
Barclays bank returns to profit

Barclays bank returns to profit

British bank Barclays returned to profit in 2016 after slashing provisions set aside for legal and compensation costs linked to foreign exchange and insurance scandals, it said Thursday. Chief executive Jes Staley saluted the performance of core operation
Published 24 Feb, 2017 12:00am
Barclays bank returns to profit

Barclays bank returns to profit

British bank Barclays returned to profit in 2016 after slashing provisions set aside for legal and compensation costs linked to foreign exchange and insurance scandals, it said Thursday. Chief executive Jes Staley saluted the performance of core operation
Published 24 Feb, 2017 12:00am
Federal Reserve minutes point to rate hike 'fairly soon'

Federal Reserve minutes point to rate hike 'fairly soon'

Many Federal Reserve policymakers said it may be appropriate to raise interest rates again "fairly soon" should jobs and inflation data come in line with expectations, according to the minutes of the Fed's last policy meeting released on Wednesday. The mi
Published 24 Feb, 2017 12:00am
'Le Cost Killer' Ghosn quits as Nissan CEO, stays chair

'Le Cost Killer' Ghosn quits as Nissan CEO, stays chair

Nissan chief executive Carlos Ghosn said on Thursday he will quit the post to focus on overhauling scandal-hit Mitsubishi Motors, but will stay on as chairman at the Japanese automaker he was credited with saving. Ghosn, 62, who also heads up French autom
Published 24 Feb, 2017 12:00am
Germany sees record budget surplus as criticism mounts

Germany sees record budget surplus as criticism mounts

Germany notched up another record budget surplus in 2016, official data showed Thursday, as calls mount for Europe's top economy to loosen its purse strings and invest more. The country's federal, state and local governments together achieved an overall s
Published 24 Feb, 2017 12:00am
Eyeing Opel, Peugeot says 2016 net profits soar by 80 percent

Eyeing Opel, Peugeot says 2016 net profits soar by 80 percent

French carmaker PSA, which owns the Peugeot and Citroen brands, said Thursday net profit for 2016 nearly doubled as the group pushes plans to buy General Motors' European brands Opel and Vauxhall. Net profit for the full year rose 79 percent to 2.15 billi
Published 24 Feb, 2017 12:00am
Eyeing Opel, Peugeot says 2016 net profits soar by 80 percent

Eyeing Opel, Peugeot says 2016 net profits soar by 80 percent

French carmaker PSA, which owns the Peugeot and Citroen brands, said Thursday net profit for 2016 nearly doubled as the group pushes plans to buy General Motors' European brands Opel and Vauxhall. Net profit for the full year rose 79 percent to 2.15 billi
Published 24 Feb, 2017 12:00am
Alitalia cancellations affect thousands

Alitalia cancellations affect thousands

A strike at Alitalia hit the travel plans of thousands of people on Thursday as the Italian carrier was forced to cancel 60 percent of flights. Unions called a four-hour stoppage hitting domestic and international flights from 1300 GMT in protest against
Published 24 Feb, 2017 12:00am
ECB bond purchases eat into Bundesbank profits
Currency

ECB bond purchases eat into Bundesbank profits

The Bundesbank said Thursday that its profits were cut drastically last year because it is having to set more aside in risk provisions to cover the European Central Bank's massive bond purchase programme. And that could potentially have an effect on Germa
Published 24 Feb, 2017 12:00am
ECB bond purchases eat into Bundesbank profits
Currency

ECB bond purchases eat into Bundesbank profits

The Bundesbank said Thursday that its profits were cut drastically last year because it is having to set more aside in risk provisions to cover the European Central Bank's massive bond purchase programme. And that could potentially have an effect on Germa
Published 24 Feb, 2017 12:00am
IMF says Portugal banks' buffers not enough, cleanup needed

IMF says Portugal banks' buffers not enough, cleanup needed

The capital buffers in Portugal's banks aren't big enough to deal with their bad loans, the International Monetary Fund warned, and it urged banks to clean up their balance sheets to help the country grow and cut its debt burden. In a report of the fifth
Published 24 Feb, 2017 12:00am
Australia wage growth stays stubbornly weak, building bounces back

Australia wage growth stays stubbornly weak, building bounces back

Australian wage growth stayed stuck at record lows last quarter amid subdued demand for labour, a drag both on household spending power and on the course of inflation. The Australian Bureau of Statistics said on Wednesday that its wage price index rose ju
Published 24 Feb, 2017 12:00am
Top brands to boycott Bangladesh garment summit

Top brands to boycott Bangladesh garment summit

Leading fashion brands including H&M and Zara will boycott a key industry conference in Bangladesh in support of garment workers who have been sacked, hunted or jailed for participating in wage strikes, the companies said Wednesday. H&M, C&A, Tchibo and I
Published 24 Feb, 2017 12:00am
SABIC net profits fall in 2016

SABIC net profits fall in 2016

Saudi petrochemical giant SABIC's net profits fell almost five percent last year, in part due to lower sales prices, the firm announced Wednesday. Petrochemical prices are influenced by trends in global crude prices, which recovered in 2016 after a fall t
Published 24 Feb, 2017 12:00am
SABIC net profits fall in 2016

SABIC net profits fall in 2016

Saudi petrochemical giant SABIC's net profits fell almost five percent last year, in part due to lower sales prices, the firm announced Wednesday. Petrochemical prices are influenced by trends in global crude prices, which recovered in 2016 after a fall t
Published 24 Feb, 2017 12:00am
Myanmar makes record seizures of illegal timber

Myanmar makes record seizures of illegal timber

Myanmar seized a record amount of illegal timber this financial year as part of a government clampdown to protect the country's rapidly disappearing forests, a senior official said on Wednesday. Forest ministry director Tin Tun said authorities had confis
Published 24 Feb, 2017 12:00am
Firmness continues on cotton market
Cotton

Firmness continues on cotton market

Over the past several weeks, mostly a steady condition prevailed on the cotton market with proclivity of lint prices to tighten due to depleting stocks because of an early close of the current season (August 2016/July 2017). Mills with deficit cotton inve
Published 24 Feb, 2017 12:00am
Firmness continues on cotton market
Cotton

Firmness continues on cotton market

Over the past several weeks, mostly a steady condition prevailed on the cotton market with proclivity of lint prices to tighten due to depleting stocks because of an early close of the current season (August 2016/July 2017). Mills with deficit cotton inve
Published 24 Feb, 2017 12:00am
Steady trend on selective buying
Cotton

Steady trend on selective buying

Prices were firm on the cotton market on Thursday in the process of selective buying by spinners and mills, dealers said. The official spot rate was unchanged at Rs 6650, they said. In Sindh, seed cotton prices were at Rs 3300-3400, in Punjab phutti price
Published 24 Feb, 2017 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 183,505 tonnes of cargo comprising 136,903 tonnes of import cargo and 46,602 tonnes of export cargo including 8,112 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 1
Published 24 Feb, 2017 12:00am
Brazil sells record volume of sugar through New York futures
Currency

Brazil sells record volume of sugar through New York futures

Brazilian sugar mills have sold forward through futures contracts in New York 45.8 percent of the exportable volume projected for the 2017/18 center-south crop, a record volume, Sao Paulo-based Archer Consulting said on Friday. The amount of sugar hedged
Published 24 Feb, 2017 12:00am
Tunisia tenders to buy wheat, barley

Tunisia tenders to buy wheat, barley

Tunisia's state grains agency has issued international tenders to purchase up to 109,000 tonnes of soft milling wheat and 25,000 tonnes of feed barley, European traders said on Tuesday. The origin was optional. Tender deadline is Wednesday, Feb. 22, they
Published 24 Feb, 2017 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Wednesday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,136. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 7.096 billion and the number of lots traded was 18,185. Major business was contributed by
Published 24 Feb, 2017 12:00am
Palm oil down on European vegoils market

Palm oil down on European vegoils market

Palm oil on the European vegetable oils market dropped further on Tuesday on expectations of improved production during the coming months. Asking prices for palm oil were between $5 and $30 a tonne down, due also to a stronger dollar, which weighs on doll
Published 24 Feb, 2017 12:00am
Canadian canola futures slide

Canadian canola futures slide

ICE Canada canola futures slid on Tuesday for the third straight session, pressured by long liquidation and weaker soy markets. Demand has cooled in recent sessions, a trader said. March canola dipped $1 at $516.70 per tonne. Most-active May canola lost $
Published 24 Feb, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 24 Feb, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 24 Feb, 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 24 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 24 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 Thursday (February 23, 2017).

Published 24 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 Thursday (February 23, 2017).

Published 24 Feb, 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 (February 23, 2017).

Published 24 Feb, 2017 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (February 23, 2017).
Published 24 Feb, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (February 23, 2017).

Published 24 Feb, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (February 23, 2017).

Published 24 Feb, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (February 23, 2017).

Published 24 Feb, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (February 23, 2017).

Published 24 Feb, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (February 23, 2017).

Published 24 Feb, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (February 23, 2017).

Published 24 Feb, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (February 23, 2017).

Published 24 Feb, 2017 12:00am
10 killed, 30 hurt in fresh Lahore blast

10 killed, 30 hurt in fresh Lahore blast

At least 10 people were killed and over 30 were injured, five of them seriously, when a bomb exploded at an under-construction building of a food outlet in Defence Z Block area hear on Thursday. Sources said that explosive material of 15-20-kg was used in
Published 24 Feb, 2017 12:00am
10 killed, 30 hurt in fresh Lahore blast

10 killed, 30 hurt in fresh Lahore blast

At least 10 people were killed and over 30 were injured, five of them seriously, when a bomb exploded at an under-construction building of a food outlet in Defence Z Block area hear on Thursday. Sources said that explosive material of 15-20-kg was used in
Published 24 Feb, 2017 12:00am
CoAS vows effective response

CoAS vows effective response

Chief of Army Staff (CoAS) General Qamar Javed Bajwa visited Siachin and laid wreath at Yadgar-e-Shuhada of Gyari. "We owe our independence to sacrifices of our Shuhada. Nothing is nobler than laying one's life in defence of the motherland", General Bajwa
Published 24 Feb, 2017 12:00am
CoAS vows effective response

CoAS vows effective response

Chief of Army Staff (CoAS) General Qamar Javed Bajwa visited Siachin and laid wreath at Yadgar-e-Shuhada of Gyari. "We owe our independence to sacrifices of our Shuhada. Nothing is nobler than laying one's life in defence of the motherland", General Bajwa
Published 24 Feb, 2017 12:00am
Decision about 'Radd-ul-Fasaad' taken in PM House: Nawaz

Decision about 'Radd-ul-Fasaad' taken in PM House: Nawaz

Prime Minister Nawaz Sharif on Thursday said some elements, upset with the progress of Pakistan, were behind the current spate of terror incidents in country and expressed government's resolve to eliminate terrorism at all costs. "With our firm resolve, w
Published 24 Feb, 2017 12:00am
Decision about 'Radd-ul-Fasaad' taken in PM House: Nawaz

Decision about 'Radd-ul-Fasaad' taken in PM House: Nawaz

Prime Minister Nawaz Sharif on Thursday said some elements, upset with the progress of Pakistan, were behind the current spate of terror incidents in country and expressed government's resolve to eliminate terrorism at all costs. "With our firm resolve, w
Published 24 Feb, 2017 12:00am
PSX remains choppy

PSX remains choppy

Pakistan Stock Exchange opened on negative note and the benchmark KSE-100 index dropped to 48,478.63 points intra-day low, down 507 points due to investor concerns over terrorist attacks in different parts of the country. However, buying in various sector
Published 24 Feb, 2017 12:00am
PSX remains choppy

PSX remains choppy

Pakistan Stock Exchange opened on negative note and the benchmark KSE-100 index dropped to 48,478.63 points intra-day low, down 507 points due to investor concerns over terrorist attacks in different parts of the country. However, buying in various sector
Published 24 Feb, 2017 12:00am
PSX remains choppy

PSX remains choppy

Pakistan Stock Exchange opened on negative note and the benchmark KSE-100 index dropped to 48,478.63 points intra-day low, down 507 points due to investor concerns over terrorist attacks in different parts of the country. However, buying in various sector
Published 24 Feb, 2017 12:00am
BRIndex30 up by 126.19 points

BRIndex30 up by 126.19 points

On Thursday, BRIndex30 opened at 27,588.02. It touched an intraday high of 27,853.59 and an intraday low of 27,170.06 and closed at 27,714.21 which was 126.19 points or 0.46 percent higher than previous close. Total volume was 149,396,500, which was 56.13
Published 24 Feb, 2017 12:00am
BRIndex30 up by 126.19 points

BRIndex30 up by 126.19 points

On Thursday, BRIndex30 opened at 27,588.02. It touched an intraday high of 27,853.59 and an intraday low of 27,170.06 and closed at 27,714.21 which was 126.19 points or 0.46 percent higher than previous close. Total volume was 149,396,500, which was 56.13
Published 24 Feb, 2017 12:00am
DG Nadra held for alleged embezzlement

DG Nadra held for alleged embezzlement

Federal Investigation Agency (FIA) on Thursday arrested Director General (DG) National Database and Registration Authority (Nadra) for alleged embezzlement in renting a building for the authority. An official said that FIA arrested DG Nadra Tahir Akarm af
Published 24 Feb, 2017 12:00am
DG Nadra held for alleged embezzlement

DG Nadra held for alleged embezzlement

Federal Investigation Agency (FIA) on Thursday arrested Director General (DG) National Database and Registration Authority (Nadra) for alleged embezzlement in renting a building for the authority. An official said that FIA arrested DG Nadra Tahir Akarm af
Published 24 Feb, 2017 12:00am
Verdict reserved in Panamagate case: PM's fate hangs in the balance

Verdict reserved in Panamagate case: PM's fate hangs in the balance

The Supreme Court on Thursday reserved on the 26th hearing of the Panamagate case its judgement on pleas filed by Pakistan Tehreek-e-Insaf, Jamaat-e-Islami and others seeking disqualification of Prime Minister Nawaz Sharif and his family members from the
Published 24 Feb, 2017 12:00am
Verdict reserved in Panamagate case: PM's fate hangs in the balance

Verdict reserved in Panamagate case: PM's fate hangs in the balance

The Supreme Court on Thursday reserved on the 26th hearing of the Panamagate case its judgement on pleas filed by Pakistan Tehreek-e-Insaf, Jamaat-e-Islami and others seeking disqualification of Prime Minister Nawaz Sharif and his family members from the
Published 24 Feb, 2017 12:00am
Government may grant tax exemptions to DPC

Government may grant tax exemptions to DPC

The government is planning to grant exemption from income tax, minimum tax and withholding tax/advance tax to Deposit Protection Corporation (DPC), through Finance Bill 2017-18, which would ensure safety of depositors in the event of failure of a financia
Published 24 Feb, 2017 12:00am
Government may grant tax exemptions to DPC

Government may grant tax exemptions to DPC

The government is planning to grant exemption from income tax, minimum tax and withholding tax/advance tax to Deposit Protection Corporation (DPC), through Finance Bill 2017-18, which would ensure safety of depositors in the event of failure of a financia
Published 24 Feb, 2017 12:00am
Government may grant tax exemptions to DPC

Government may grant tax exemptions to DPC

The government is planning to grant exemption from income tax, minimum tax and withholding tax/advance tax to Deposit Protection Corporation (DPC), through Finance Bill 2017-18, which would ensure safety of depositors in the event of failure of a financia
Published 24 Feb, 2017 12:00am
Nepra to develop upfront tariff for biomass-based power projects
Cotton

Nepra to develop upfront tariff for biomass-based power projects

National Electric Power Regulatory Authority (Nepra) through its suo motu powers has decided to develop upfront tariff for biomass-based power projects. For this purpose, the regulator has prepared a proposal for the stakeholders , according to which tari
Published 24 Feb, 2017 12:00am
Nepra to develop upfront tariff for biomass-based power projects
Cotton

Nepra to develop upfront tariff for biomass-based power projects

National Electric Power Regulatory Authority (Nepra) through its suo motu powers has decided to develop upfront tariff for biomass-based power projects. For this purpose, the regulator has prepared a proposal for the stakeholders , according to which tari
Published 24 Feb, 2017 12:00am
Nepra to develop upfront tariff for biomass-based power projects
Cotton

Nepra to develop upfront tariff for biomass-based power projects

National Electric Power Regulatory Authority (Nepra) through its suo motu powers has decided to develop upfront tariff for biomass-based power projects. For this purpose, the regulator has prepared a proposal for the stakeholders , according to which tari
Published 24 Feb, 2017 12:00am
Textile exports down 1.3 percent in January
Cotton

Textile exports down 1.3 percent in January

A decline of 1.3 per cent in textile exports was witnessed during January 2017 as against the same month a year ago, as exports contracted to $1.064 billion in Jan 2017 from $1.078bn in Jan 2016. The provisional data of selected commodities, released by P
Published 24 Feb, 2017 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 24 Feb, 2017 12:00am
Textile exports down 1.3 percent in January
Cotton

Textile exports down 1.3 percent in January

A decline of 1.3 per cent in textile exports was witnessed during January 2017 as against the same month a year ago, as exports contracted to $1.064 billion in Jan 2017 from $1.078bn in Jan 2016. The provisional data of selected commodities, released by P
Published 24 Feb, 2017 12:00am
Textile exports down 1.3 percent in January
Cotton

Textile exports down 1.3 percent in January

A decline of 1.3 per cent in textile exports was witnessed during January 2017 as against the same month a year ago, as exports contracted to $1.064 billion in Jan 2017 from $1.078bn in Jan 2016. The provisional data of selected commodities, released by P
Published 24 Feb, 2017 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Feb, 2017 12:00am
10 die, 512 injured in 639 RTAs in Punjab

10 die, 512 injured in 639 RTAs in Punjab

As many as 10 people lost their precious lives and 512 seriously injured in the total 639 road traffic accidents (RTA) in 36 districts of Punjab during the last 24 hours .It is disclosed by the sources in Rescue 1122 Emergency services here on Thursday. H
Published 24 Feb, 2017 12:00am
HEC, Huawei celebrate 10 years partnership

HEC, Huawei celebrate 10 years partnership

Higher Education Commission (HEC), Pakistan and Huawei Technologies on Thursday organised a ceremony to celebrate 10 years of strategic partnership for promotion of higher education through development of ICT infrastructure in Pakistan. Ahsan Iqbal, Feder
Published 24 Feb, 2017 12:00am
Forces kill two terrorists at Afghan border

Forces kill two terrorists at Afghan border

Army killed two terrorists of banned Jamaat-u-Ahra (JA) in firing at Pak-Afghan border on Thursday. Security sources said that during shelling of Pakistan Army at Pak-Afghan border, two terrorist commanders of JA, the masterminds of Lahore terrorist attac
Published 24 Feb, 2017 12:00am
Forces kill two terrorists at Afghan border

Forces kill two terrorists at Afghan border

Army killed two terrorists of banned Jamaat-u-Ahra (JA) in firing at Pak-Afghan border on Thursday. Security sources said that during shelling of Pakistan Army at Pak-Afghan border, two terrorist commanders of JA, the masterminds of Lahore terrorist attac
Published 24 Feb, 2017 12:00am
Ex-IMF chief Rato handed 4.5 years in jail for embezzlement

Ex-IMF chief Rato handed 4.5 years in jail for embezzlement

Former IMF chief Rodrigo Rato was handed a jail sentence of four years and six months Thursday for misusing funds when he was the boss of two Spanish banks. Spain's National Court, which deals with corruption and financial crime cases, said he had been fo
Published 24 Feb, 2017 12:00am
Ex-IMF chief Rato handed 4.5 years in jail for embezzlement

Ex-IMF chief Rato handed 4.5 years in jail for embezzlement

Former IMF chief Rodrigo Rato was handed a jail sentence of four years and six months Thursday for misusing funds when he was the boss of two Spanish banks. Spain's National Court, which deals with corruption and financial crime cases, said he had been fo
Published 24 Feb, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (February 23, 2017).

Published 24 Feb, 2017 12:00am
Ex-IMF chief Rato handed 4.5 years in jail for embezzlement

Ex-IMF chief Rato handed 4.5 years in jail for embezzlement

Former IMF chief Rodrigo Rato was handed a jail sentence of four years and six months Thursday for misusing funds when he was the boss of two Spanish banks. Spain''s National Court, which deals with corruption and financial crime cases, said he had been f
Published 24 Feb, 2017 12:00am
Military courts: deadlock persists due to boycott of PPPP

Military courts: deadlock persists due to boycott of PPPP

The deadlock on giving another three-year extension to military courts continues as the parliamentary parties meeting on Thursday remained inconclusive due to boycott of Pakistan People's Party Parliamentarians (PPPP) over the draft of the proposed consti
Published 24 Feb, 2017 12:00am
Military courts: deadlock persists due to boycott of PPPP

Military courts: deadlock persists due to boycott of PPPP

The deadlock on giving another three-year extension to military courts continues as the parliamentary parties meeting on Thursday remained inconclusive due to boycott of Pakistan People's Party Parliamentarians (PPPP) over the draft of the proposed consti
Published 24 Feb, 2017 12:00am
Four Indonesians wealthier than poorest 100 million: Oxfam

Four Indonesians wealthier than poorest 100 million: Oxfam

The four richest Indonesians are wealthier than the poorest 100 million people in the country, a study has found, highlighting how huge numbers have been left behind as the economy booms. Oxfam said that President Joko Widodo had failed to fulfil pledges
Published 24 Feb, 2017 12:00am
Four Indonesians wealthier than poorest 100 million: Oxfam

Four Indonesians wealthier than poorest 100 million: Oxfam

The four richest Indonesians are wealthier than the poorest 100 million people in the country, a study has found, highlighting how huge numbers have been left behind as the economy booms. Oxfam said that President Joko Widodo had failed to fulfil pledges
Published 24 Feb, 2017 12:00am
THE RUPEE: rates stayed put
Currency

THE RUPEE: rates stayed put

The rupee remained unchanged against the dollar on the money market on Thursday in the process of trading, dealers said. The rupee sustained overnight levels in relation to the dollar for buying and selling at Rs 104.85 and Rs 104.86, they said.
Published 24 Feb, 2017 12:00am
Four Indonesians wealthier than poorest 100 million: Oxfam

Four Indonesians wealthier than poorest 100 million: Oxfam

The four richest Indonesians are wealthier than the poorest 100 million people in the country, a study has found, highlighting how huge numbers have been left behind as the economy booms. Oxfam said that President Joko Widodo had failed to fulfil pledges
Published 24 Feb, 2017 12:00am
THE RUPEE: rates stayed put
Currency

THE RUPEE: rates stayed put

The rupee remained unchanged against the dollar on the money market on Thursday in the process of trading, dealers said. The rupee sustained overnight levels in relation to the dollar for buying and selling at Rs 104.85 and Rs 104.86, they said.
Published 24 Feb, 2017 12:00am
BBC journalist faces five years jail for Thailand reporting

BBC journalist faces five years jail for Thailand reporting

A British journalist with the BBC faces up to five years in a Thai jail after a lawyer brought a criminal defamation case against him over an investigation into fraud on a popular tourist island. Rights groups say the case exposes how Thailand's defamatio
Published 24 Feb, 2017 12:00am
BBC journalist faces five years jail for Thailand reporting

BBC journalist faces five years jail for Thailand reporting

A British journalist with the BBC faces up to five years in a Thai jail after a lawyer brought a criminal defamation case against him over an investigation into fraud on a popular tourist island. Rights groups say the case exposes how Thailand's defamatio
Published 24 Feb, 2017 12:00am
Three Indian soldiers among four killed in IHK

Three Indian soldiers among four killed in IHK

Three Indian army soldiers and a civilian have been killed after a patrolling party in Shopian district of Indian occupied Kashmir was ambushed by Kashmiri fighters on Thursday. The Kashmiri freedom fighters attacked the Indian security forces party which
Published 24 Feb, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 23, 2017).

Published 24 Feb, 2017 12:00am
Three Indian soldiers among four killed in IHK

Three Indian soldiers among four killed in IHK

Three Indian army soldiers and a civilian have been killed after a patrolling party in Shopian district of Indian occupied Kashmir was ambushed by Kashmiri fighters on Thursday. The Kashmiri freedom fighters attacked the Indian security forces party which
Published 24 Feb, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 23, 2017).

Published 24 Feb, 2017 12:00am
Iraq forces enter IS-held Mosul airport

Iraq forces enter IS-held Mosul airport

Iraqi forces on Thursday thrust into Mosul airport on the southern edge of the jihadist stronghold for the first time since the Islamic State group overran the region in 2014. Backed by jets, gunships and drones, forces blitzed their way across open areas
Published 24 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 Thursday (February 23, 2017).

Published 24 Feb, 2017 12:00am
Iraq forces enter IS-held Mosul airport

Iraq forces enter IS-held Mosul airport

Iraqi forces on Thursday thrust into Mosul airport on the southern edge of the jihadist stronghold for the first time since the Islamic State group overran the region in 2014. Backed by jets, gunships and drones, forces blitzed their way across open areas
Published 24 Feb, 2017 12:00am
Ministry bent upon importing LNG to cut power generation cost

Ministry bent upon importing LNG to cut power generation cost

In opposition to the Ministry of Water and Power's plan to put a cap on import of Liquefied Natural Gas (LNG) to power sector, Ministry of Petroleum and Natural Resources is bent upon importing LNG to bring down the electricity generation cost by 17 perce
Published 24 Feb, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (February 23, 2017)

Published 24 Feb, 2017 12:00am
Ministry bent upon importing LNG to cut power generation cost

Ministry bent upon importing LNG to cut power generation cost

In opposition to the Ministry of Water and Power's plan to put a cap on import of Liquefied Natural Gas (LNG) to power sector, Ministry of Petroleum and Natural Resources is bent upon importing LNG to bring down the electricity generation cost by 17 perce
Published 24 Feb, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (February 23, 2017).

Published 24 Feb, 2017 12:00am
Ministry bent upon importing LNG to cut power generation cost

Ministry bent upon importing LNG to cut power generation cost

In opposition to the Ministry of Water and Power''s plan to put a cap on import of Liquefied Natural Gas (LNG) to power sector, Ministry of Petroleum and Natural Resources is bent upon importing LNG to bring down the electricity generation cost by 17 perc
Published 24 Feb, 2017 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 24 Feb, 2017 12:00am
US Treasury's Mnuchin dials back Trump economic promises
Currency

US Treasury's Mnuchin dials back Trump economic promises

US Treasury Secretary Steven Mnuchin on Thursday dialed back some of President Donald Trump's economic policy pledges, including on growth and China's currency. While he reaffirmed the promise to push through tax cuts by August, and pursue deregulation on
Published 24 Feb, 2017 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 24 Feb, 2017 12:00am
US Treasury's Mnuchin dials back Trump economic promises
Currency

US Treasury's Mnuchin dials back Trump economic promises

US Treasury Secretary Steven Mnuchin on Thursday dialed back some of President Donald Trump's economic policy pledges, including on growth and China's currency. While he reaffirmed the promise to push through tax cuts by August, and pursue deregulation on
Published 24 Feb, 2017 12:00am
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