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Archive - 2017-03-10
EU leaders split on post-Brexit Europe
Europe

EU leaders split on post-Brexit Europe

BRUSSELS: EU leaders clashed Friday over plans to build unity in the wake of Brexit, a day after a row with Poland over Donald Tusk's re-election as the bloc's president underscored deep divisions.
Published 10 Mar, 2017 07:12pm
Imran has spoiled decorum of Parliament: Saad Rafiq
Front Top News

Imran has spoiled decorum of Parliament: Saad Rafiq

ISLAMABAD: Minister for Railways, Khawaja Saad Rafiq Friday said Pakistan Tehreek-i-Insaf (PTI) Chief Imran Khan had spoiled the decorum of the Parliament through his derogative language and aggressive attitudes.
Published 10 Mar, 2017 05:18pm
US jobs machine gets stock markets going
Financial

US jobs machine gets stock markets going

LONDON: World stock markets rose solidly Friday as investors welcomed strong US jobs data which all but seal a Federal Reserve rate hike next week, dealers said.
Published 10 Mar, 2017 03:26pm
EU leaders grope for unity as Britain walks out
Europe

EU leaders grope for unity as Britain walks out

BRUSSELS: The leaders of the European Union tried to put a poisonous row with Poland behind them on Friday but struggled to agree on ways to hold the bloc together following the shock of Britain's vote to walk out.
Published 10 Mar, 2017 12:40pm
UN documents human rights violations in southeast Turkey
Europe

UN documents human rights violations in southeast Turkey

GENEVA: About 2,000 people were killed and entire neighbourhoods razed in southeastern Turkey in 18 months of government security operations characterised by massive destruction and serious human rights violations, the United Nations said on Friday.
Published 10 Mar, 2017 12:37pm
Sri Lankan rupee ends slightly weaker in dull trade
Financial

Sri Lankan rupee ends slightly weaker in dull trade

COLOMBO: The Sri Lankan rupee ended slightly weaker on Friday in dull trade as importer dollar demand surpassed exporter greenback sales, a day after the central bank's moral suasion curbed further decline, dealers said.
Published 10 Mar, 2017 12:27pm
Fleeting Infancy by Carol Guzy
Featured Photos

Fleeting Infancy by Carol Guzy

Photo Credit: Carol Guzy%D%AGuzy was born into a working-class family in Bethlehem, Pennsylvania, and she grew up there.
Published 10 Mar, 2017 11:59am
Lo Liam Cave by Eric Valli
Featured Photos

Lo Liam Cave by Eric Valli

Photo Credit: Eric Valli%Dric Valli is a French photographer and film director.
Published 10 Mar, 2017 11:42am
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 49158.
Published 10 Mar, 2017 11:39am
Polar Swim by Paul Nicklen
Featured Photos

Polar Swim by Paul Nicklen

Photo Credit: Paul Nicklen%Ds a young boy, Paul Nicklen, a Canadian-born polar specialist and marine biologist, moved to Baffin Island and spent his childhood among the Inuit people.
Published 10 Mar, 2017 11:33am
Last Of The Vikings by Marcus Bleasdale
Featured Photos

Last Of The Vikings by Marcus Bleasdale

Photo Credit: Marcus Bleasdale%D%AMarcus Bleasdale is a documentary photographer who uses his work to influence policy makers around the world.
Published 10 Mar, 2017 10:41am
Radio bursts from space, fuel for alien civilizations?
Technology

Radio bursts from space, fuel for alien civilizations?

The origin of fast radio bursts (FBRs) have baffled the worlds scientific community for decades now, being one of the obscure and explosive signals ever detected in space last for mere milliseconds and generate energy as that of 500 million Suns.%D%A%D%A
Published 10 Mar, 2017 10:38am
War And Mental Health After Crisis by Robin Hammond
Featured Photos

War And Mental Health After Crisis by Robin Hammond

Photo Credit: Robin Hammond%D%ARobin Hammond has dedicated his career to documenting human rights and development issues around the world through long-term photographic projects.
Published 10 Mar, 2017 10:34am
Signal by John Stanmeyer
Featured Photos

Signal by John Stanmeyer

Photo Credit: John Stanmeyer%D%AJohn Stanmeyer, born in Illinois, is a founder member of the VII photo agency.
Published 10 Mar, 2017 10:24am
Iran successfully tests naval missile
Asia

Iran successfully tests naval missile

TEHRAN: Iran has successfully test-fired a naval missile which hit its target 250 kilometres away, local news agencies reported Thursday.
Published 10 Mar, 2017 10:08am
Battle For Mosul by Felipe Dana
Featured Photos

Battle For Mosul by Felipe Dana

Photo Credit: Felipe Dana%Delipe Dana was born in Rio de Janeiro, Brazil, in 1985.
Published 10 Mar, 2017 09:52am
Change in POL prices caused shortfall in GST collection: FBR
Top News

Change in POL prices caused shortfall in GST collection: FBR

%D%AMUSHTAQ GHUMMAN %D%AISLAMABAD: The Federal Board of Revenue (FBR) has reportedly claimed that the main reason behind the shortfall in sales tax collection during the first seven months (July-January) of current fiscal year was very little change in pr
Published 10 Mar, 2017 09:28am
PPPP disagrees with govt's proposals on military courts
Front Top News

PPPP disagrees with govt's proposals on military courts

%D%ARECORDER REPORT %D%AISLAMABAD: The spokesman of the Pakistan People's Party Parliamentarians (PPPP) said on Thursday that his party does not agree with the legislative proposals prepared by the government for the revival of military courts.
Published 10 Mar, 2017 09:17am
Army concerned at slow pace of NAP implementation
Pakistan Top News

Army concerned at slow pace of NAP implementation

%D%ARECORDER REPORT %D%AISLAMABAD: The corps commanders have stressed that implementation of the National Action Plan (NAP) needs to be expedited jointly by relevant stake-holders for a lasting peace and stability in the country.
Published 10 Mar, 2017 09:08am
Bouchard bundled out of Indian Wells
Football

Bouchard bundled out of Indian Wells

INDIAN WELLS: Former world number five Eugenie Bouchard's 2017 struggles continued Thursday at Indian Wells, where she fell in the first round to Germany's Annika Beck.
Published 10 Mar, 2017 08:50am
South Korean president sacked by top court
Front Top News

South Korean president sacked by top court

SEOUL: South Korean President Park Geun-Hye was fired Friday as a court upheld her impeachment over a corruption scandal that has paralysed the nation at a time of mounting tensions in East Asia.
Published 10 Mar, 2017 08:45am
China expects 'relatively stable' yuan in 2017
Money & Banking

China expects 'relatively stable' yuan in 2017

BEIJING: China's central bank governor said Friday the yuan should be "relatively stable" this year after losing seven percent of its value in 2016 amid accusations by US President Donald Trump of currency manipulation.
Published 10 Mar, 2017 08:43am
An exhibition of splendor by Babar Moghal
Arts

An exhibition of splendor by Babar Moghal

Omen, a solo exhibition by Babar Moghal, opened on Thursday, March 9, 2017 at Full Circle Gallery ; a hub of cultural and artistic expression and engagement. Full circle proudly presents works produced by masters, as well as emerging artists.%D%A%D%A
Published 10 Mar, 2017 08:30am
Hong Kong stocks end week with a gain
Financial

Hong Kong stocks end week with a gain

HONG KONG: Hong Kong stocks edged up by the close of trade Friday, shaking off early losses fuelled by tumbling energy firms, with investors looking ahead to the release of US jobs data later in the day.
Published 10 Mar, 2017 08:29am
Ishant Sharma hilarious game face goes viral
Life & Style

Ishant Sharma hilarious game face goes viral

The second Test match between India and Australia, turned sour after Indian skipper Virat Kohli alleged that Australian captain Steve Smith was cheating, as both sides were involved in a heated exchange of words.
Published 10 Mar, 2017 07:02am
AfPak's faux free trade
Miscellaneous

AfPak's faux free trade

Only a few days ago, when Pakistani government and leaders of other ECO members (including Central Asian countries) made rosy promises between themselves on doubling regional trade; higher level representation from one member was missing- Afghanistan.
Published 10 Mar, 2017 06:33am
Renewable energy: Changing perception
Power Generation

Renewable energy: Changing perception

If the worlds largest oil producing country seeks to invest $50 billion in the renewable energy sector, it is definitely time to start paying heed to the changing energy dynamics across the globe.
Published 10 Mar, 2017 06:33am
Big banks keep growing
Banking

Big banks keep growing

Banks were supposed to have it tough in CY16, as the interest rates were sitting at record lows and yields on assets had declined significantly.
Published 10 Mar, 2017 06:32am
Woman's plea to SC

Woman's plea to SC

A widow on Thursday sought to invoke the Supreme Court's jurisdiction against the purported extrajudicial killing of her two sons allegedly by the Punjab police. Bilqees Akhtar, the widow of Muhammad Asif Bhatti, filed an application in the Human Rights C
Published 10 Mar, 2017 12:00am
Teenager, two militants killed in IHK

Teenager, two militants killed in IHK

A teenage boy and two militants were killed in a firefight with government forces in Indian-Held Kashmir on Thursday that brought hundreds of local villagers out onto the streets in defiance of police orders. Police said the firefight began after soldiers
Published 10 Mar, 2017 12:00am
Punjab Wildlife & Parks Department earns Rs 47.5 million

Punjab Wildlife & Parks Department earns Rs 47.5 million

The Punjab Wildlife & Parks Department has earned revenue of Rs 47.5 million during the first nine month of the current financial year. The department has been assigned a task of Rs 65 million for the current fiscal by the department to be collected under
Published 10 Mar, 2017 12:00am
Businessmen show confidence in security situation

Businessmen show confidence in security situation

Foreign and local participants at a seminar have shown confidence in improving security situation in Pakistan saying that the country's current security situation seems to be a big market for them. Speaking on the concluding session of a three-day event t
Published 10 Mar, 2017 12:00am
PML-N sets new records of public service: Shahbaz

PML-N sets new records of public service: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif has said that Pakistan Muslim League Nawaz (PML-N) government has set new records of public service and quality as well as speed was ensured in such public welfare projects. He expressed these views while talk
Published 10 Mar, 2017 12:00am
Tevta to train 32,000 unemployed youth in Punjab

Tevta to train 32,000 unemployed youth in Punjab

Technical Education and Vocational Training Authority (TEVTA) will train 32,000 unemployed youth free of cost across the province of the Punjab. Classes of 2nd phase of six months duration 44 employable trades will be started from next month at selected T
Published 10 Mar, 2017 12:00am
Mayor asks government to tranfer 6 departments to KMC

Mayor asks government to tranfer 6 departments to KMC

Karachi mayor Waseem Akhtar asked the Sindh government today (Thursday) to transfer some departments and services including KW&SB to the Karachi Metropolitan Corporation in exercise of powers conferred to the government by the Sindh Local Government Act,
Published 10 Mar, 2017 12:00am
Four latest labs set up to protect secret data

Four latest labs set up to protect secret data

The government has set up four latest laboratories to prevent leakage of any government department or secret agencies' data to hostile forces. Minister for Parliamentary Affairs Sheikh Aftab informed this to the National Assembly on Thursday during the qu
Published 10 Mar, 2017 12:00am
16 fugitives surrender to Rangers in Sukkur

16 fugitives surrender to Rangers in Sukkur

At least 16 fugitives belonging to Kacha areas of Sukkur and Larkana region surrendered themselves to Rangers on Thursday. This step was welcomed by Sindh Rangers who also ensured to provide complete legal support to them. As per details, a ceremony was h
Published 10 Mar, 2017 12:00am
Khushhali Microfinance Bank introduces special saving scheme

Khushhali Microfinance Bank introduces special saving scheme

Khushhali Microfinance Bank (KMBL) has introduced a special saving scheme for senior citizens, pensioners, widows and juniors that would help them in planning a prosperous and secure future with exceptional offering of profits up to 13 percent.
Published 10 Mar, 2017 12:00am
Hub School starts functioning with 50 boys

Hub School starts functioning with 50 boys

The Hub School, a not-for-profit boys' boarding school of excellence, has started its operations with 50 boys, making a cherished dream of the Ahmed E H Jaffer Foundation a reality. Its inaugural batch of 50 students from all over the country has set the
Published 10 Mar, 2017 12:00am
KMC to organise medical camps in DMCs

KMC to organise medical camps in DMCs

Karachi Metropolitan Corporation KMC will organize free medical checkup camps in all six District Municipal Corporations (DMCs) of the city from this month and first camp will be held in Korangi district on March 12 on Sunday, at Korangi 3 Number. The fre
Published 10 Mar, 2017 12:00am
Government urged to clear IPPs dues

Government urged to clear IPPs dues

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said that the power sector losses including theft stood at Rs 200 billion per annum but nothing has been allocated for it in the last two budgets. He noted that ratio of
Published 10 Mar, 2017 12:00am
Major water pipeline bursts

Major water pipeline bursts

A major pipeline supplying water to Karachi burst on Thursday sparking fear of an imminent water crisis in the city as 14 lakh gallons of water could not be supplied to the city. According to the sources, the sudden shutdown at Dhabeji Pumping Station by
Published 10 Mar, 2017 12:00am
Chinese directors of PSX to attend first BoD meeting today

Chinese directors of PSX to attend first BoD meeting today

The newly-appointed four Chinese directors at the board of Pakistan Stock Exchange (PSX) will attend their first meeting of the PSX BoD on Friday (today). The Chinese consortium led by Shanghai Stock Exchange had acquired 40 percent strategic stake of the
Published 10 Mar, 2017 12:00am
Haroon Akhtar to visit PSX today

Haroon Akhtar to visit PSX today

Special Assistant to the Prime Minister for Revenue Haroon Akhtar Khan will visit Pakistan Stock Exchange (PSX) on Friday (today). During his visit, Haroon Akhtar will chair a high-level meeting to discuss the PSX's proposals for federal budget 2017-18. I
Published 10 Mar, 2017 12:00am
PAT of Unilever Pakistan increases to Rs 1.276 billion

PAT of Unilever Pakistan increases to Rs 1.276 billion

The profit after tax of Unilever Pakistan Foods Limited has increased to Rs 1.276 billion in the year ended December 31, 2016 as compared to Rs 1.232 billion earned in the corresponding period in 2015. The company's earning per share increased to Rs 207.2
Published 10 Mar, 2017 12:00am
PAT of Unilever Pakistan increases to Rs 1.276 billion

PAT of Unilever Pakistan increases to Rs 1.276 billion

The profit after tax of Unilever Pakistan Foods Limited has increased to Rs 1.276 billion in the year ended December 31, 2016 as compared to Rs 1.232 billion earned in the corresponding period in 2015. The company's earning per share increased to Rs 207.2
Published 10 Mar, 2017 12:00am
Explosives recovered in Nasirabad

Explosives recovered in Nasirabad

Frontier Corpse (FC) on Thursday recovered 105kg explosives, six improvised explosive devices (IEDs) and other weapons during operation in Balochistan's Nasirabad district. According to details, FC and intelligence agencies conducted a raid at militant hi
Published 10 Mar, 2017 12:00am
CM approves summary for appointment of 6,000 doctors

CM approves summary for appointment of 6,000 doctors

Sindh Chief Minister Syed Murad Ali Shah has approved the summary for appointment of 6,000 doctors who have passed a written test of Sindh Public Service Commission (SPSC). In this regard the chief minister has directed the health department to issue them
Published 10 Mar, 2017 12:00am
DGCV increases import duty of high speed internet devices

DGCV increases import duty of high speed internet devices

Directorate General Customs Valuation (DGCV) has increased the import duty of high speed internet devices. According to the revised valuation ruling, the Directorate General except issuing valuation database (VDB) value of HDMI cable last year did not rev
Published 10 Mar, 2017 12:00am
1st LUMHS national moot on quality education begins

1st LUMHS national moot on quality education begins

The 1st LUMHS National Conference on Quality Education was inaugurated at Liaquat University of Medical & Health Sciences Jamshoro on Thursday. While addressing more than 500 Delegates the Vice Chancellor LUMHS Professor Noshad A. Shaikh expressed that th
Published 10 Mar, 2017 12:00am
APC urges government to hold census in transparent manner

APC urges government to hold census in transparent manner

Speakers at a conference on Thursday urged the government to hold upcoming census in a fair and transparent manner, so that it would help mitigate the sufferings of poor masses. Presiding over All-Parties Conference, organised by Pasban-e-Pakistan on the
Published 10 Mar, 2017 12:00am
Islet planned at Keenjhar lake to facilitate tourists, Sindh PA told

Islet planned at Keenjhar lake to facilitate tourists, Sindh PA told

The provincial government is planning to develop one of the islets at Keenjhar lake to increase recreational opportunities for the visitors, Sindh Culture, Tourism and Antiquities Minister, Syed Ali Sardar Shah told the lawmakers on Thursday. Replying to
Published 10 Mar, 2017 12:00am
Railways' fares revised

Railways' fares revised

Pakistan Railway has announced to change the fare of 23 trains from March 15. According to a senior official of Pakistan Railway, Lahore to Rawalpindi Green Line train fare has been reduced from Rs 1510 to Rs 1200. While five to ten percent fares of the e
Published 10 Mar, 2017 12:00am
Routine immunisation efforts to be intensified

Routine immunisation efforts to be intensified

"Ensuring that all children are vaccinated and protected from life-threatening diseases is a top priority of the Pakistan government," the State Minister Saira Afzal Tarar, said in her opening remarks to Gavi, the Vaccine Alliance, High Level Mission toda
Published 10 Mar, 2017 12:00am
PPP taking revenge through votes of people, says Bilawal

PPP taking revenge through votes of people, says Bilawal

Pakistan People's Party chairman Bilawal Bhutto-Zardari said that PPP is a democratic party, takes revenge through democracy and have been taking revenge from the opponents by the votes of people. Speaking to the delegations of the PPP leaders and workers
Published 10 Mar, 2017 12:00am
Kanji Ram appointed convener MACP

Kanji Ram appointed convener MACP

Punjab Chief Minister Muhammad Shahbaz Sharif has appointed MPA Kanji Ram as convener Minority Advisory Council Punjab (MACP). A notification in this regard has been issued by the Punjab Human Rights & Minorities Affairs Department, here on Thursday. Prov
Published 10 Mar, 2017 12:00am
Operation against encroachments continues

Operation against encroachments continues

The Anti-encroachment department started operation against encroachments in various areas of the city in order to cleanse the streets of Karachi from illegal vendors. During the operation, several encroachments were removed at Bolton Market, Brince road,
Published 10 Mar, 2017 12:00am
P&G committed to empower women

P&G committed to empower women

P&G celebrated International Women's Day by reaffirming its commitment to Gender Equality, a key focus area under its citizenship efforts. P&G is leveraging the strengths of its business operations as well as its scale and advertising voice to address gen
Published 10 Mar, 2017 12:00am
KP women lawmakers performed remarkable services: Fafen

KP women lawmakers performed remarkable services: Fafen

Despite less in number, women legislators performed better by contributing more to the agenda items than their male counterparts in the Khyber Pakhtunkhwa Assembly, says Free and Fair Election Network (FAFEN) in a report released on Thursday about the per
Published 10 Mar, 2017 12:00am
US government with three equity funds to invest in Pakistan under PPII

US government with three equity funds to invest in Pakistan under PPII

The US government in partnership with three investment funds is managing a pool of over Rs 15.6 billion to invest in Pakistan's small-and medium-sized businesses under the Pakistan Private Investment Initiative (PPII). Under the PPII, a programme of the U
Published 10 Mar, 2017 12:00am
SECP organises awareness seminar for SDPI employees

SECP organises awareness seminar for SDPI employees

The Securities and Exchange Commission of Pakistan (SECP), under its flagship investor awareness program 'Jamapunji' conducted a seminar on mutual funds and voluntary pension system (VPS) for the employees of the Sustainable Development Policy Institute (
Published 10 Mar, 2017 12:00am
Public hearing on 'Companies Bill 2017' on 16th & 17th

Public hearing on 'Companies Bill 2017' on 16th & 17th

Senate Standing Committee on Finance and Revenue has decided to hold a public hearing on the 'Companies Bill 2017' on March 16 and 17, at Karachi Chamber of Commerce and Industries. Chairman Senate Standing Committee on Finance, Senator Saleem Mandviwalla
Published 10 Mar, 2017 12:00am
CNEEC team visits KPEZDMC head office

CNEEC team visits KPEZDMC head office

Members of Chinese delegation from China National Electric Engineering Company Ltd (CNEEC) visited Khyber Pakhtunkhwa Economic Zones Development & Management Company's (KPEZDMC) head office to meet prominent industrialists of Khyber Pakhtunkhwa. The meeti
Published 10 Mar, 2017 12:00am
Pakistan ranked 74th in 80 best countries

Pakistan ranked 74th in 80 best countries

A list of 80 countries surveyed for the most comfortable country to live in reveals that Pakistan ranks seventh from below, or simply 74th. Switzerland is the best country to live in while Saudi Arabia is 32nd in the list and Iran 79th. According to an Am
Published 10 Mar, 2017 12:00am
FBR receives 1,039,291 income tax returns till March 9

FBR receives 1,039,291 income tax returns till March 9

The Federal Board of Revenue (FBR) has received 1,039,291 income tax returns till March 9, 2017 which are 172,097 more than the 867,194 returns received for the tax year 2015 by the same date ie 9th of March 2016. According to the FBR, returns for tax yea
Published 10 Mar, 2017 12:00am
Islamic Finance Center opened in Abbottabad

Islamic Finance Center opened in Abbottabad

Zafar Abdullah, Commissioner, SECP, inaugurated a new Islamic Finance Center for the promotion of Islamic investments at the Abbottabad Sarmayakari Markaz on Thursday. As envisioned by the SECP Chairman, this is an initiative of the NBFI and Modaraba Asso
Published 10 Mar, 2017 12:00am
BoI organises seminar on 'Doing Business Reforms in Pakistan'

BoI organises seminar on 'Doing Business Reforms in Pakistan'

Board of Investment, Islamabad in collaboration with the Ministry of Finance and World Bank organised a seminar on "Doing Business Reforms in Pakistan" at Karachi. This seminar is one of the ways to make the business community and regulators aware of the
Published 10 Mar, 2017 12:00am
Pakistan to join hybrid rice seed exporting countries

Pakistan to join hybrid rice seed exporting countries

Pakistan will join the hybrid rice seed exporting countries club in the year 2018 as a local agricultural seed production company has struck a deal with a Philippines company. "We are increasing our area under cultivation for production of hybrid seeds an
Published 10 Mar, 2017 12:00am
Food minister inaugurates UVAS meat outlet

Food minister inaugurates UVAS meat outlet

The University of Veterinary and Animal Sciences (UVAS)Lahore in collaboration with Livestock and Dairy Development Department Punjab has started providing antibiotic and hormones-free quality buffalo calf beef to people at its meat outlet on Abdul Qadir
Published 10 Mar, 2017 12:00am
UAF to set up soybean institute

UAF to set up soybean institute

The University of Agriculture Faisalabad will set up a soybean institute in UAF sub-campus Okara in order to conduct the value able researches and promote its cultivation as alternative crop. This was disclosed by UAF Vice Chancellor Professor Dr Iqrar Ah
Published 10 Mar, 2017 12:00am
PFA asked to tighten noose around makers of substandard milk

PFA asked to tighten noose around makers of substandard milk

The Supreme Court here on Thursday directed the Punjab Food Authority (PFA) to tighten the noose around the manufacturers and sellers of substandard milk. The court adjourned for a month the hearing of petition against sale of substandard milk and directe
Published 10 Mar, 2017 12:00am
RIUK to be ready by 2018

RIUK to be ready by 2018

Punjab Minister for Specialised Healthcare and Medical Education Kh Salman Rafiq has said that state-of-the-art Institute of Urology and Kidney Transplantation (RIUK) is being constructed in Rawalpindi at a cost of Rs 4 billion for providing best treatmen
Published 10 Mar, 2017 12:00am
Two-day SME conference from March 15

Two-day SME conference from March 15

The Small and Medium Enterprises Development Authority (SMEDA) is holding a two-day International SME Conference here in the provincial metropolis on March 15-16, 2017. According to SMEDA spokesman, the delegates from USA, UK, Turkey, Japan, Italy, Malays
Published 10 Mar, 2017 12:00am
PACP provides PEP medicines to all DHQ, THQ hospitals

PACP provides PEP medicines to all DHQ, THQ hospitals

The Punjab AIDS Control Programme (PACP) has provided the post exposure prophylaxis (PEP) medicines to all DHQ and THQ hospitals across the province. An official of primary and secondary Healthcare department said, "We are providing PEP medicines to all D
Published 10 Mar, 2017 12:00am
Three bodies found from rice mill

Three bodies found from rice mill

At least three bodies were recovered from a rice mill in Nanakana Sahib on Thursday. According to details, the officers said that corpses of mill's owner, clerk and security guard were found in a locked room of the factory. Moreover, investigation into th
Published 10 Mar, 2017 12:00am
Around 25,000 new taxpayers added in one year: RTO

Around 25,000 new taxpayers added in one year: RTO

Around 25,000 new taxpayers have been added to the system in one year through data scrutiny of utility bills, schools' fee, marriage halls' booking, payment record of AG office and registration of vehicles and urban properties with Excise and Taxation and
Published 10 Mar, 2017 12:00am
Exporters' refunds: PTEA voices concern over undue delay in payment

Exporters' refunds: PTEA voices concern over undue delay in payment

Talking to newsmen here on Thursday, Ajmal Farooq, Chairman and Muhammad Naeem, Vice Chairman Pakistan Textile Exporters Association (PTEA) expressed grave concern over undue delay in payment of exporters' refunds. Textile exporters are badly deprived of
Published 10 Mar, 2017 12:00am
Country moving on way to prosperity: Shahbaz

Country moving on way to prosperity: Shahbaz

Punjab Chief Minister Shahbaz on Thursday said the politics of chaos and confusion has failed again and the country is moving forward under the leadership of Prime Minister Nawaz Sharif.
Published 10 Mar, 2017 12:00am
Fauji Fertilizer Company celebrates FFC Day

Fauji Fertilizer Company celebrates FFC Day

Fauji Fertilizer Company (FFC) celebrates "FFC Day" to commemorate laying of foundation stone of its first fertilizer plant at Goth Machhi on March 08, 1979. The celebration aims at sharing the story of successful business run through ethically correct an
Published 10 Mar, 2017 12:00am
Railways Ministry approves up-gradation of clerical posts

Railways Ministry approves up-gradation of clerical posts

Ministry of Railways has revised and accorded an approval for the up-gradation of thousands of clerical posts. According to a notification issued here on Thursday, lower division clerks were upgraded from grade-7 to grade-9, upper division clerks were upg
Published 10 Mar, 2017 12:00am
CNS calls on Cmdr Royal Jordanian Naval Force

CNS calls on Cmdr Royal Jordanian Naval Force

Chief of the Naval Staff Admiral Muhammad Zakaullah is on an official visit to Jordan. During the visit, the Naval Chief called on Commander Royal Jordanian Naval Force, Brigadier General Ibrahim Alnaimat. Upon his arrival at Royal Jordanian Naval Force H
Published 10 Mar, 2017 12:00am
Professor Zuberi gets Lifetime Achievement Award

Professor Zuberi gets Lifetime Achievement Award

Professor Rukhsana W. Zuberi, former Associate Dean (Education) of Aga Khan University, has been conferred with Lifetime Achievement Award for her outstanding and remarkable contributions to the field of medical education and for developing health profess
Published 10 Mar, 2017 12:00am
Germany must not let Turkey 'grow more distant': Merkel

Germany must not let Turkey 'grow more distant': Merkel

Chancellor Angela Merkel said Thursday that Germany wants to patch up frayed ties with Turkey, but without compromising its democratic principles or accepting "Nazi" jibes from President Recep Tayyip Erdogan. "As difficult as everything is at the moment,
Published 10 Mar, 2017 12:00am
Netherlands urges support for Syria war crimes database

Netherlands urges support for Syria war crimes database

Dutch officials on Thursday urged nations to boost efforts to create a database of alleged war crimes in Syria, using evidence smuggled abroad by refugees and investigators. "We already have millions of pages and gigabytes of evidence," Dutch Foreign Mini
Published 10 Mar, 2017 12:00am
At least 24 dead in Nepal bus crash

At least 24 dead in Nepal bus crash

At least 24 people were killed when an overcrowded bus skidded off the road and crashed in remote western Nepal on Thursday, local officials said. Sixteen people were killed instantly as the bus careered off the road in Jajarkot district, while the other
Published 10 Mar, 2017 12:00am
IS leader Baghdadi 'flees Mosul' as Iraqi forces advance

IS leader Baghdadi 'flees Mosul' as Iraqi forces advance

Islamic State group chief Abu Bakr al-Baghdadi is reported to have abandoned Mosul, leaving local commanders behind to lead the battle against Iraqi forces advancing in the city. With Iraqi troops making steady progress in their assault to retake Mosul fr
Published 10 Mar, 2017 12:00am
US sending 400 troops to bolster Raqa offensive

US sending 400 troops to bolster Raqa offensive

The United States is deploying an additional 400 troops to help defeat the Islamic State group in Raqa, the jihadists' self-proclaimed capital in Syria, a spokesman for the US-led coalition said on Thursday. "They are temporary forces," US Colonel John Do
Published 10 Mar, 2017 12:00am
UN court rejects Bosnia's appeal of Serbia genocide ruling

UN court rejects Bosnia's appeal of Serbia genocide ruling

The United Nations' top court on Thursday rejected Bosnia's appeal of a ruling that cleared Serbia of genocide during the 1990s civil war. The International Court of Justice, based in The Hague, said it could not take action on the request because "no dec
Published 10 Mar, 2017 12:00am
Belarus leader freezes 'tax on freeloaders' after protests

Belarus leader freezes 'tax on freeloaders' after protests

Belarusian President Alexander Lukashenko on Thursday suspended a "tax on spongers" for this year after thousands took to the streets in protest. Some 2,000 people took part in a protest last month, the largest since 2010, against an annual tax of around
Published 10 Mar, 2017 12:00am
China slams US election 'farce' in annual rights report

China slams US election 'farce' in annual rights report

Beijing on Thursday accused American politicians of corruption and hypocrisy in its yearly rebuttal to US criticisms of China's human rights record, saving an extra heaping of invective for the country's divisive presidential race. "In 2016, money politic
Published 10 Mar, 2017 12:00am
UN proposes measures to curb sex abuse by peacekeepers

UN proposes measures to curb sex abuse by peacekeepers

The United Nations on Thursday proposed a series of new steps aimed at stamping out sex abuse by peacekeepers as a report showed an increase in abuse allegations. UN Secretary-General Antonio Guterres said in an annual report that there had been a total o
Published 10 Mar, 2017 12:00am
Leaks show CIA's 'devastating incompetence': Assange

Leaks show CIA's 'devastating incompetence': Assange

WikiLeaks founder Julian Assange on Thursday accused the CIA of "devastating incompetence" for failing to protect its hacking secrets and said he would work with tech companies to develop fixes for them. "This is a historic act of devastating incompetence
Published 10 Mar, 2017 12:00am
Police must get 'tech-savvy' to catch criminals: Europol

Police must get 'tech-savvy' to catch criminals: Europol

Europe's police officers need to become "as tech-savvy" as the criminals they are trying to catch, its policing agency urged Thursday, saying it had identified some 5,000 gangs operating across the continent. "Technology is a key component of most, if not
Published 10 Mar, 2017 12:00am
Putin urges Netanyahu to focus on present Iran ties

Putin urges Netanyahu to focus on present Iran ties

Russian President Vladimir Putin urged Israel Thursday to focus on today's "different world" after Premier Benjamin Netanyahu evoked age-old tensions with Iran, ahead of a holiday marking an ancient victory. In a meeting with Putin in Moscow, Netanyahu sa
Published 10 Mar, 2017 12:00am
Toll rises to 31 girls killed in Guatemala fire

Toll rises to 31 girls killed in Guatemala fire

A fire in a government-run children's shelter in Guatemala killed 31 teenage girls, medical officials said Thursday, raising the roll after a number of patients saved from the facility died of severe burns. Guatemala is observing three days of mourning ov
Published 10 Mar, 2017 12:00am
West Indies tour: Kamran, Shahzad named in preliminary squad

West Indies tour: Kamran, Shahzad named in preliminary squad

Pakistan recalled Kamran Akmal and Ahmed Shehzad in a preliminary squad for this month's tour of the West Indies, selectors said Thursday. The 35-year-old Kamran has been reminding selectors of his scoring abilities for well over a year scoring 1,035 in t
Published 10 Mar, 2017 12:00am
Williamson leads fightback

Williamson leads fightback

South Africa made Kane Williamson their number one target as the battling New Zealander ensured his side prospered despite a crippling injury to Ross Taylor on day two of the first Test Thursday. Williamson led a charmed life at the crease, surviving thre
Published 10 Mar, 2017 12:00am
FIFA eyes India 'revolution' from U-17 World Cup

FIFA eyes India 'revolution' from U-17 World Cup

A top FIFA official believes hosting the Under-17 World Cup has the potential to spark a football revolution in India - and lead to lasting change in the global game. The run-up to October's tournament will see a programme called Mission XI Million aim to
Published 10 Mar, 2017 12:00am
Bournemouth fined over doping rules breach

Bournemouth fined over doping rules breach

Bournemouth were fined £35,000 ($42,500, 40,000 euros) after accepting a Football Association charge for a breach of anti-doping rules on Thursday. The Premier League outfit faced sanctions after breaking regulations on providing accurate 'club whereabout
Published 10 Mar, 2017 12:00am
It's 'anarchy' - ICC slammed over India bust-up

It's 'anarchy' - ICC slammed over India bust-up

Cricket's governing body was accused Thursday of allowing the series between India and Australia to descend into anarchy after Steve Smith and Virat Kohli escaped punishment over the arch-rivals' latest bust-up. Ex-players slammed the International Cricke
Published 10 Mar, 2017 12:00am
Barcelona celebrates 'miracle' upset

Barcelona celebrates 'miracle' upset

Joyous Barcelona fans mobbed Neymar and Lionel Messi, while Paris Saint-Germain counterparts vented their fury Thursday after Barca's sensational 6-1 victory produced the greatest upset in Champions League history. Trailing 4-0 going into the last 16 game
Published 10 Mar, 2017 12:00am
Spinners put Sri Lanka in control on rain-hit day

Spinners put Sri Lanka in control on rain-hit day

Spinners Rangana Herath and Dilruwan Perera shared six wickets between them to help Sri Lanka take command of the first Test against a struggling Bangladesh on a rain-hit day three in Galle on Thursday. The visitors, replying to Sri Lanka's first innings
Published 10 Mar, 2017 12:00am
National Athletic Championship from April 7-9

National Athletic Championship from April 7-9

More than 500 athletes, male and female, will participate in the 48th National Athletic Championship, scheduled to be held at National Coaching Center in Karachi from April 7-9, it was learnt by PPI on Thursday. Pakistan Athletic Federation (PAF) in its m
Published 10 Mar, 2017 12:00am
Balochistan Football Cup 2017 kicks off

Balochistan Football Cup 2017 kicks off

Pakistan Petroleum Limited (PPL) Balochistan Football Cup 2017 ? the country's largest-ever sponsored football tournament ? commences March 10 with round matches in six provincial divisions of Quetta, Kalat, Makran, Sibi, Zhob and Naseerabad until March 1
Published 10 Mar, 2017 12:00am
Aussie, kiwi at multi-week lows

Aussie, kiwi at multi-week lows

The Australian and New Zealand dollars stood at multi-week lows on Thursday as the greenback strengthened after robust US jobs data cemented the chance of a Federal Reserve rate hike. The Australian dollar held at $0.7515, its lowest since January 27. Aft
Published 10 Mar, 2017 12:00am
Sterling tumbles

Sterling tumbles

Sterling slipped to a seven-week low on Thursday, as investors brushed off the finance minister's budget statement the previous day as largely a "non-event" that would do little to boost growth in Britain as it prepares to leave the European Union.
Published 10 Mar, 2017 12:00am
Sri Lankan rupee up
Currency

Sri Lankan rupee up

The Sri Lankan rupee ended slightly firmer on Thursday as a state bank sold dollars amid moral suasion by the central bank after the local currency fell on importer greenback demand, dealers said. Rupee forwards were active, with two-week forwards ending
Published 10 Mar, 2017 12:00am
Asian currencies plunge

Asian currencies plunge

Emerging Asian currencies fell as U.S Treasury yields spiked, narrowing the gap with Asian bond yields, after a surge in US private-sector jobs in February reinforced expectations of a Federal Reserve interest rate hike next week. The South Korean won was
Published 10 Mar, 2017 12:00am
Yuan weakens
Currency

Yuan weakens

China's yuan weakened against the dollar on Thursday on strong corporate demand for the greenback, forcing state-owned banks to offer dollar liquidity to keep the Chinese currency from falling too fast, traders said. Major state-owned banks were seen sell
Published 10 Mar, 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. 79.50-79.50 (previous 79.50-79.50).
Published 10 Mar, 2017 12:00am
Dollar index hits five-day high in New York
Currency

Dollar index hits five-day high in New York

The dollar rose on Wednesday to its highest level in five days, just below a two-month peak, as data showed US private sector payrolls rose more than expected for February, increasing investor expectations of an increase in interest rates by the Federal R
Published 10 Mar, 2017 12:00am
Dollar hits three-week high against yen in Europe
Currency

Dollar hits three-week high against yen in Europe

The dollar hit a three-week high against the yen on Thursday, on course for a fourth straight day of gains after a strong ADP job number in the previous session broke 10-year US government bond yields out of a long-held range. With eyes in Europe fixed on
Published 10 Mar, 2017 12:00am
Dollar holds gains in Asia
Currency

Dollar holds gains in Asia

The dollar stood tall on higher US Treasury yields on Thursday, after a surge in US private-sector jobs in February cemented expectations the Federal Reserve will raise rates next week. The dollar index, which measures the greenback against six major peer
Published 10 Mar, 2017 12:00am
Miners and Morrisons depress Britain's FTSE

Miners and Morrisons depress Britain's FTSE

Britain's top share index hit its lowest level in more than a week on Thursday, down for a sixth session in a row, as a disappointing set of results from grocer Morrisons and a slump in miners outweighed a strong performance from insurance stocks. The blu
Published 10 Mar, 2017 12:00am
Southeast Asian stocks sluggish

Southeast Asian stocks sluggish

Most Southeast Asian stock markets fell on Thursday after a strong private payroll report from the United States made a rate hike by the Federal Reserve a near certainty. US private sector job growth recorded its biggest increase in more than a year in Fe
Published 10 Mar, 2017 12:00am
Australian, New Zealand shares falter

Australian, New Zealand shares falter

Australian share markets slipped on Thursday for a second day, dragged by materials, after losses in overnight oil prices sparked a heavy sell-off in the energy sector. The S&P/ASX 200 index fell 18.45 points or 0.32 percent to 5,741.2 at the close of tra
Published 10 Mar, 2017 12:00am
Nigeria stocks at 16-year high
Currency

Nigeria stocks at 16-year high

Nigerian stocks climbed to a 16-year high in dollar terms on Thursday after a sharp drop in the value of the naira currency undervalued equities. Stocks have risen 86 percent so far this year in dollar terms to levels last seen in 2001, according to Thoms
Published 10 Mar, 2017 12:00am
European shares turn positive after ECB statement

European shares turn positive after ECB statement

European shares made slight gains on Thursday, as banking stocks rallied after the European Central Bank struck a more optimistic tone on the economy, outweighing losses by oil stocks and some disappointing company updates. The pan-European STOXX 600 clos
Published 10 Mar, 2017 12:00am
China shares lower
Currency

China shares lower

China stocks closed at two-week lows on Thursday, as energy shares tumbled on diving oil prices while global investors turned cautious ahead of a widely expected hike in US interest rates next week.Renewed weakness in the yuan currency also dampened confi
Published 10 Mar, 2017 12:00am
Indian shares end little changed

Indian shares end little changed

Indian shares ended little changed on Thursday after two consecutive sessions of declines, as sentiment remained subdued ahead of the results of state elections, including that of the country's most populous state of Uttar Pradesh. The broader NSE index c
Published 10 Mar, 2017 12:00am
Treasury yields jump

Treasury yields jump

US Treasury yields jumped on Wednesday, with the two-year yield hitting its highest levels in more than 7-1/2 years, as a strong gain in US private-sector jobs in February cemented expectations that the Federal Reserve would raise interest rates next week
Published 10 Mar, 2017 12:00am
Treasury yields jump

Treasury yields jump

US Treasury yields jumped on Wednesday, with the two-year yield hitting its highest levels in more than 7-1/2 years, as a strong gain in US private-sector jobs in February cemented expectations that the Federal Reserve would raise interest rates next week
Published 10 Mar, 2017 12:00am
Hong Kong stocks fall

Hong Kong stocks fall

Hong Kong stocks had their worst day in nearly three months on Thursday, with main indexes closing at month lows, bruised by a slump in energy and raw material shares. The market, which rebounded roughly 8 percent during the first two months of the year,
Published 10 Mar, 2017 12:00am
Dow, S&P 500 dip as energy shares tumble

Dow, S&P 500 dip as energy shares tumble

The S&P 500 and the Dow Jones Industrial Average dipped on Wednesday as energy stocks suffered their worst drop in nearly six months. The energy sector, slumped 2.5 percent for its biggest decline since mid-September. Oil prices tumbled more than 5 percen
Published 10 Mar, 2017 12:00am
Nikkei snaps four-day losing streak

Nikkei snaps four-day losing streak

Tokyo' stocks snapped a four-day losing streak Thursday as exporters got a lift from the cheaper yen, but Toshiba dived on news its troubled US nuclear unit could be headed for bankruptcy. Toyota, Panasonic and other firms doing business overseas benefite
Published 10 Mar, 2017 12:00am
Ex-dividend banks weigh on Abu Dhabi; Qatar, Egypt outperform
Currency

Ex-dividend banks weigh on Abu Dhabi; Qatar, Egypt outperform

Most major Gulf stock markets were pulled down on Thursday by a 5 percent overnight slide in oil prices, while Abu Dhabi was hit particularly hard as heavyweights First Gulf Bank and National Bank of Abu Dhabi traded ex-dividend. Abu Dhabi's stock index d
Published 10 Mar, 2017 12:00am
Egypt's urban consumer price inflation hits 30-year high
Currency

Egypt's urban consumer price inflation hits 30-year high

Egypt's annual urban consumer price inflation has soared to its highest level in more than three decades, hitting 30.2 percent in February, statistics agency CAPMAS said on Thursday. It was the fourth consecutive monthly jump in inflation since the centra
Published 10 Mar, 2017 12:00am
BMW keeps foot down for 2017 after record year

BMW keeps foot down for 2017 after record year

German luxury carmaker BMW said Thursday it had boosted profits in 2016 on the back of record sales, offering an increased dividend and promising further growth this year. Net profit grew 8.0 percent over 2015's figure to reach 6.9 billion euros ($7.3 bil
Published 10 Mar, 2017 12:00am
China February producer inflation fastest in nearly nine years

China February producer inflation fastest in nearly nine years

China's producer price inflation accelerated to its fastest pace in nearly nine years in February and by more than expected as prices of steel and other raw materials extended a torrid rally, boosting profits for industrial companies world-wide. Consumer
Published 10 Mar, 2017 12:00am
Shell sells Canada oil sands assets

Shell sells Canada oil sands assets

Royal Dutch Shell has sold almost all of its Canadian oil sands activities in a $7.25-billion (6.9-billion-euro) deal, the Anglo-Dutch energy giant said Thursday. Shell said in a statement that it has signed agreements to sell its interests in two oil san
Published 10 Mar, 2017 12:00am
Sri Lanka to scale back port deal with China

Sri Lanka to scale back port deal with China

Cash-strapped Sri Lanka is to scale back a profitable but controversial deal to sell a deep-sea port to a Chinese company after widespread protests, the ports minister said Thursday. Arjuna Ranatunga said the government was renegotiating the sale of the d
Published 10 Mar, 2017 12:00am
Akzo Nobel rejects $22 billion PPG bid

Akzo Nobel rejects $22 billion PPG bid

Dutch paints and coatings maker Akzo Nobel NV rejected a 21 billion euro ($22 billion) bid from larger US rival PPG Industries Inc on Thursday, saying instead it wanted to "unlock value" by spinning off its chemicals business. PPG's unsolicited offer come
Published 10 Mar, 2017 12:00am
Mexico annual inflation jumps to highest in almost seven years

Mexico annual inflation jumps to highest in almost seven years

Mexico's annual inflation surged to its highest in nearly seven years in February as the weak peso drove up prices of imported goods like cars, data showed on Thursday, in a sign that the central bank could again increase interest rates. Inflation in the
Published 10 Mar, 2017 12:00am
US weekly jobless claims rise; layoffs fall in February

US weekly jobless claims rise; layoffs fall in February

The number of Americans filing for unemployment benefits last week rebounded from a near 44-year low, but the labour market continues to tighten amid a sharp drop in job cuts in February. Initial claims for state unemployment benefits rose 20,000 to a sea
Published 10 Mar, 2017 12:00am
Emirates to launch Dubai-Athens-Newark route despite US protests

Emirates to launch Dubai-Athens-Newark route despite US protests

Emirates will press ahead with plans to launch flights on Sunday to Newark in the United States via Greece, despite attempts by members of the US Congress to block the route, the airline's president said on Thursday. Twenty-five members of Congress have w
Published 10 Mar, 2017 12:00am
Ahead of election: French job creation at highest since 2007

Ahead of election: French job creation at highest since 2007

Job creation by French companies hit its highest level last year since the global financial crisis, data showed Thursday, underlining the brightening prospects for the eurozone's second-biggest economy six weeks from elections. Figures from statistics off
Published 10 Mar, 2017 12:00am
Online shopping delivers strong 2016 for Deutsche Post

Online shopping delivers strong 2016 for Deutsche Post

Online shopping helped boost profits last year at German logistics group Deutsche Post, while the owner of the DHL express delivery firm said Wednesday that improved efficiency should ensure further gains this year. The Bonn-based firm increased net profi
Published 10 Mar, 2017 12:00am
Australia sues Audi, Volkswagen over emissions cheating

Australia sues Audi, Volkswagen over emissions cheating

Australia's consumer watchdog Wednesday launched court action against Volkswagen and its subsidiary Audi over an emissions cheating scandal, claiming they engaged in misleading or deceptive conduct. The Australian Competition and Consumer Commission (ACCC
Published 10 Mar, 2017 12:00am
Net bad loans at Italian banks fall to lowest since June 2014

Net bad loans at Italian banks fall to lowest since June 2014

Large writedowns booked by Italian banks in the fourth quarter of 2016 pushed net bad loans to their lowest level in two and a half years, data showed on Thursday, highlighting lenders' ongoing efforts to deal with the legacy of a harsh recession.
Published 10 Mar, 2017 12:00am
Egypt's current account deficit narrows as pound depreciates
Currency

Egypt's current account deficit narrows as pound depreciates

Egypt's current account deficit narrowed significantly to $4.67 billion in the second quarter of the 2016/17 fiscal year while the overall balance of payments surged to a $5.13 billion surplus, propelled by a decision to float the currency. Egypt's centra
Published 10 Mar, 2017 12:00am
Canada new housing prices rise in January, lifted by Toronto

Canada new housing prices rise in January, lifted by Toronto

Canadian new home prices edged up at the start of the year, driven again by higher prices in the hot Toronto market, data from Statistics Canada showed on Thursday. Prices rose 0.1 percent in January, keeping pace with December's increase. On a year-over-
Published 10 Mar, 2017 12:00am
Nigeria shuts capital's airport for at least six weeks

Nigeria shuts capital's airport for at least six weeks

Nigeria's capital was cut off by air on Wednesday, as Abuja airport closed for at least six weeks for repairs, forcing flights to divert and lengthening travel times for passengers. Nnamdi Azikiwe International Airport shut to all domestic and internation
Published 10 Mar, 2017 12:00am
Tunisair suspends flights over worker row

Tunisair suspends flights over worker row

Tunisair suspended all of its flights for several hours on Thursday because of a row between pilots and maintenance workers, but later announced a gradual resumption after talks with unions. Tunisia's national airline apologised to passengers, saying the
Published 10 Mar, 2017 12:00am
Embraer posts doubling of profits in 2016

Embraer posts doubling of profits in 2016

Brazilian aircraft manufacturer Embraer posted 2016 profits of $166.1 million on Thursday, more than double on the previous year. In 2015, the annual profit was $69.2 million. The world's third-largest commercial plane-maker after Boeing and Airbus said f
Published 10 Mar, 2017 12:00am
Embraer posts doubling of profits in 2016

Embraer posts doubling of profits in 2016

Brazilian aircraft manufacturer Embraer posted 2016 profits of $166.1 million on Thursday, more than double on the previous year. In 2015, the annual profit was $69.2 million. The world's third-largest commercial plane-maker after Boeing and Airbus said f
Published 10 Mar, 2017 12:00am
US MIDDAY: gold sinks

US MIDDAY: gold sinks

Gold sank to a five-week low on Thursday, with analysts expecting further losses as investors become increasingly certain that US interest rates will rise this month. Spot gold was down 0.3 percent to $1,203.50 an ounce by 1552 GMT, having dropped earlier
Published 10 Mar, 2017 12:00am
Soyabeans down

Soyabeans down

US soyabean futures hit a two-month low early on Thursday, pressured by rising government forecasts for a record-large Brazilian soya harvest, traders said. Corn and wheat followed soyabeans lower. At 12:42 pm CST (1842 GMT), the Chicago Board of Trade Ma
Published 10 Mar, 2017 12:00am
Gold hits five-week low in Europe

Gold hits five-week low in Europe

Gold sank to a five-week low on Thursday, with analysts expecting further losses as investors become increasingly certain that US interest rates will rise this month. Spot gold was down 0.1 percent at $1,206.76 an ounce by 1330 GMT, having dropped earlier
Published 10 Mar, 2017 12:00am
Gold down in Asia

Gold down in Asia

Gold prices inched down to the lowest level in five weeks on Thursday, pressured by an uptick in the dollar ahead of US non-farm payrolls data on Friday. Spot gold was down by 0.1 percent at $1,206.46 per ounce, as of 0711 GMT. Earlier in the session, it
Published 10 Mar, 2017 12:00am
Gold slips in New York

Gold slips in New York

Gold prices extended losses to a five-week low on Wednesday as the dollar gathered strength on the prospect of a US interest rate hike. Investors are awaiting February non-farm payrolls data on Friday as a barometer of the US economy after Federal Reserve
Published 10 Mar, 2017 12:00am
Raw sugar rises above 2017 lows, London cocoa slips

Raw sugar rises above 2017 lows, London cocoa slips

Raw sugar futures climbed on Thursday in a chart-based rebound from the 2017 low touched the previous day, while London cocoa weakened on the back of technical signals. May raw sugar rose 0.19 cents, or 1.03 percent, to 18.59 cents a lb by 1456 GMT. The c
Published 10 Mar, 2017 12:00am
Palm oil dips on mixed forecasts, weaker soya

Palm oil dips on mixed forecasts, weaker soya

Malaysian palm oil futures slipped on Thursday evening on weaker-performing soyaoil and mixed forecasts from leading analysts at an industry conference the previous day. Benchmark palm oil futures for May delivery on the Bursa Malaysia Derivatives Exchang
Published 10 Mar, 2017 12:00am
Tokyo rubber hits 2-1/2-month low

Tokyo rubber hits 2-1/2-month low

Benchmark Tokyo rubber futures gave up early gains to end lower on Thursday, declining for a third straight session to hit a two-and-a-half-month low, as plunging Shanghai futures and weaker oil prices weighed on investor sentiment, dealers said. The Toky
Published 10 Mar, 2017 12:00am
Oil prices slide more, US crude below $50

Oil prices slide more, US crude below $50

Oil prices slid nearly 3 percent on Thursday, extending the previous session's dive that brought prices to the lowest levels this year, as record US crude inventories fed doubts about whether Opec-led supply cuts would reduce a global glut. US crude price
Published 10 Mar, 2017 12:00am
Copper hits two-month low as Fed hike talk hurts metals
Currency

Copper hits two-month low as Fed hike talk hurts metals

Copper fell to a two-month low on Thursday, reflecting losses across the industrial metals and other assets as markets geared up for an expected hike in US interest rates this month. Another large build in London Metal Exchange (LME) copper stocks and new
Published 10 Mar, 2017 12:00am
Shanghai copper sinks

Shanghai copper sinks

Shanghai Futures Exchange (ShFE) copper futures fell 1.7 percent to 46,400 yuan ($6,710) a tonne on Thursday after solid US jobs data increased the likelihood of an interest rate hike this month and on signs that a disruption at the world's biggest copper
Published 10 Mar, 2017 12:00am
Demand continues for good quality cotton
Currency

Demand continues for good quality cotton

Persisting demand was visible for the high quality cotton on the ready market on Thursday. According to the traders in Karachi, now about 500,000 (155 Kgs) bales of cotton from the current season (August 2016/July 2017) are left unsold with the ginners. H
Published 10 Mar, 2017 12:00am
Demand continues for good quality cotton
Currency

Demand continues for good quality cotton

Persisting demand was visible for the high quality cotton on the ready market on Thursday. According to the traders in Karachi, now about 500,000 (155 Kgs) bales of cotton from the current season (August 2016/July 2017) are left unsold with the ginners. H
Published 10 Mar, 2017 12:00am
Prices increase on short supply
Cotton

Prices increase on short supply

Prices went up on the cotton market on Thursday amid persisting demand by mills and spinners, dealers said. The official spot rate was higher by Rs 50 to Rs 6800, they said. In Punjab, seed cotton prices were Rs 3750-3800, per 40 kgs, they said.
Published 10 Mar, 2017 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 105,709 tonnes of cargo comprising 84,553 tonnes of import cargo and 21,156 tonnes of export cargo including 4,667 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 84
Published 10 Mar, 2017 12:00am
European gasoline margins fall as market eases

European gasoline margins fall as market eases

Gasoline refining margins in north-west Europe fell further on Monday, pressured by diminishing opportunities for European exporters as US and Asian markets traded lower. Phillips shut down its 234,000 barrel per day (bpd) Humber refinery in Britain for p
Published 10 Mar, 2017 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Wednesday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,036. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 4.43 billion and the number of lots traded was 14,024. Major business was contributed by
Published 10 Mar, 2017 12:00am
Bangladesh tea prices dip

Bangladesh tea prices dip

Tea prices in Bangladesh dipped more than 6 percent at a weekly auction on Tuesday, dragged down by inferior quality leaf, and sales also dropped despite lower supplies. Bangladeshi tea fetched an average of 118.66 taka ($1.6) per kg at the auction, down
Published 10 Mar, 2017 12:00am
Canadian canola futures fall

Canadian canola futures fall

ICE Canadian canola futures dropped on Tuesday on pressure from a falling soybean market that spurred long liquidation, traders said. The benchmark May contract dropped below its 20-day and 30-day moving averages but bargain buyers pulled prices from thei
Published 10 Mar, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 10 Mar, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 10 Mar, 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 10 Mar, 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 10 Mar, 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 (March 09, 2017).

Published 10 Mar, 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 (March 09, 2017).

Published 10 Mar, 2017 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (March 09, 2017).
Published 10 Mar, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (March 09, 2017).

Published 10 Mar, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (March 09, 2017).

Published 10 Mar, 2017 12:00am
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