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Archive - 2017-03-18
Dar reviews progress on Kohsar Block project
Pakistan

Dar reviews progress on Kohsar Block project

ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar here on Saturday chaired a meeting to discuss matters regarding completion and operationlizing of Kohsar Block (New Pak.
Published 18 Mar, 2017 05:21pm
Germany owes NATO 'vast sums': Trump
World Top News

Germany owes NATO 'vast sums': Trump

WASHINGTON: US President Donald Trump unleashed a diatribe against Germany on Saturday, saying Berlin owes NATO "vast sums of money" and must pay the United States more for security.
Published 18 Mar, 2017 04:19pm
Arrest Sattar, produce on Monday; ATC directs police
General News

Arrest Sattar, produce on Monday; ATC directs police

KARACHI: An Anti-Terrorism Court (ATC) on Saturday once again directed the police to arrest Muttahida Qaumi Movement-Pakistan (MQM-P) convener Dr Farooq Sattar and other party leaders in cases pertaining to treason, attacking a private news channel and ri
Published 18 Mar, 2017 04:17pm
Interior Minister allows repatriation of Robina
General News

Interior Minister allows repatriation of Robina

ISLAMABAD: Interior Minister Chaudhry Nisar Ali Khan has allowed repatriation of a woman namely Robina who had been languishing in jail in Indian Occupied Kashmir along with her minor girl for past five years.
Published 18 Mar, 2017 03:21pm
Germany not 'convinced' Gulen behind failed Turkey coup
Front Top News

Germany not 'convinced' Gulen behind failed Turkey coup

BERLIN: Germany's intelligence chief on Saturday said that US-based Islamic preacher Fethullah Gulen was not the mastermind behind a failed July 15 coup aimed at ousting Turkish President Recep Tayyip Erdogan.
Published 18 Mar, 2017 01:54pm
Pakistan ranked 20th most powerful country across globe
Pakistan Top News

Pakistan ranked 20th most powerful country across globe

The US News and World Report released its latest edition of Best Countries 2017, under which Pakistan is placed at the 20th spot out of 80 countries, when it comes to power.
Published 18 Mar, 2017 01:27pm
Erdogan expects parliament to restore capital punishment
Europe

Erdogan expects parliament to restore capital punishment

ISTANBUL: Turkish President Recep Tayyip Erdogan on Saturday said he expected parliament to approve restoring capital punishment after the April 16 referendum on expanding its powers, a move that could end Ankara's bid to join the EU.
Published 18 Mar, 2017 12:06pm
India 306-6 at stumps against Australia
Cricket

India 306-6 at stumps against Australia

RANCHI: Cheteshwar Pujara was batting on 130 as India reached 306 for six at stumps on day three of the third Test against Australia in Ranchi on Saturday.
Published 18 Mar, 2017 12:05pm
Spring and Suicide: A Baffling Connection
Life & Style

Spring and Suicide: A Baffling Connection

Metaphorically we refer spring to hope, youth and growth and symbolize winter as dreary and dark but scientists have something contrary to say as studies found that suicides peak in spring and are lowest in winter pertaining to sunlight and tree pollens.
Published 18 Mar, 2017 11:27am
Suffering through crippling anxiety, have a banana!
Technology

Suffering through crippling anxiety, have a banana!

Making a big decision, attending a social event, going for an interview or preparing yourself for a casual date may induce oneself with anxiety and stress; these can be fleeting or may just become resiliently persistent. %D%A%D%A
Published 18 Mar, 2017 10:39am
Verdict on Panamagate case not in sight?
Front Top News

Verdict on Panamagate case not in sight?

%D%AKHUDAYAR MOHLA %D%AISLAMABAD: The cause list of the apex court for next week commencing March 20 does not include an announcement of a verdict on the Panama papers prompting senior lawyers to maintain that the much-awaited verdict is not likely next w
Published 18 Mar, 2017 10:04am
Wipeout/Airborne by Tim Clayton
Featured Photos

Wipeout/Airborne by Tim Clayton

Tim Clayton worked for The Sydney Morning Herald for 18 years before become a freelancer in 2008.
Published 18 Mar, 2017 10:03am
Australian deputy PM flags lifting gas drilling bans
Energy

Australian deputy PM flags lifting gas drilling bans

SYDNEY: Australia's deputy prime minister said he would support lifting bans on coal seam gas (CSG) drilling if landowners were given a bigger slice of royalties, a significant policy shift as the country scrambles to avoid a looming energy crisis.
Published 18 Mar, 2017 09:48am
Subsonic Tranquilization by Philippe Gontier
Featured Photos

Subsonic Tranquilization by Philippe Gontier

Photo Credit: Philippe Gontier%D%APhilippe Gontier (1956) has spent the last 20 years sharing his time between photoreporting around the world and in depth photography of the contemporary music scene and corporate photography specially in the Luxury goods
Published 18 Mar, 2017 09:42am
IHC seeks ISI's assistance on blasphemous content
Front Top News

IHC seeks ISI's assistance on blasphemous content

%D%ANUZHAT NAZAR %D%AISLAMABAD: The Islamabad High Court (IHC) on Friday sought assistance from the country's premier intelligence agency -- Inter Services Intelligence (ISI) -- in order to stop circulation of sacrilegious contents on social media.
Published 18 Mar, 2017 09:41am
China, US in 'close communication' on Xi-Trump meeting
Asia

China, US in 'close communication' on Xi-Trump meeting

BEIJING: China and the United States are in "close communication" on arranging a meeting between Chinese President Xi Jinping and US President Donald Trump, Chinese Foreign Minister Wang Yi told visiting US Secretary of State Rex Tillerson.
Published 18 Mar, 2017 09:39am
King Salman ends Asia tour, returns to Saudi Arabia
Front Top News

King Salman ends Asia tour, returns to Saudi Arabia

DUBAI: Saudi Arabia's King Salman, who was on an official tour in Asia, has left China to head back to his kingdom, the state news agency SPA reported on Saturday.
Published 18 Mar, 2017 09:34am
PPP describes military courts agreement as 'cup of poison hemlock'
Front Top News

PPP describes military courts agreement as 'cup of poison hemlock'

%DLI HUSSAIN %D%AISLAMABAD: Leader of the Opposition in Senate Aitzaz Ahsan Friday described the political forces' agreement on a two-year extension to military courts as 'a cup of poison hemlock' which they had to drink after strong assurances by governm
Published 18 Mar, 2017 09:30am
Interferon by Peter Ginter
Featured Photos

Interferon by Peter Ginter

Photo Credit: Peter Ginter%D%APeter Ginter, a brilliant photographer from Germany; won awards for many photojournalistic achievement and was the winner for World Press Photo photography contest for 1986, 93, 96, 97 and 1999.
Published 18 Mar, 2017 09:19am
Potosi's Silver Mines by Matt Black
Featured Photos

Potosi's Silver Mines by Matt Black

Photo Credit: Matt Black%D%AMatt Black's work has explored the connections between migration, poverty, agriculture, and the environment in his native rural California and in southern Mexico.
Published 18 Mar, 2017 09:01am
China blocks access to Pinterest
Technology

China blocks access to Pinterest

China has blocked the photo sharing website Pinterest, which has over 150 million users, as stated by the website Greatfire.org, which monitors censorship and accessibility of websites in China, according to CNN reports. %D%A
Published 18 Mar, 2017 08:26am
PSL 3 will be staged under PTI govt: Imran Khan
Front Top News

PSL 3 will be staged under PTI govt: Imran Khan

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan expressed that the next edition of Pakistan Super League (PSL), would be staged entirely in Pakistan by his partys government.
Published 18 Mar, 2017 07:51am
Preuben - Einst und Heute by Peter Thomann
Featured Photos

Preuben - Einst und Heute by Peter Thomann

Photo Credit: Peter Thomann%D%APeter Thomann (Berlin, 1940) studied with Otto Steinert at the Folkwangschule fr Gestaltung in Essen, graduating as a photojournalist in 1965.
Published 18 Mar, 2017 07:49am
Tensions show as Trump, Merkel meet for first time
Europe

Tensions show as Trump, Merkel meet for first time

WASHINGTON: Stark differences between President Donald Trump and German Chancellor Angela Merkel on everything from trade to immigration were in full view during an icy first meeting at the White House Friday.
Published 18 Mar, 2017 07:27am
Trump administration appeals block of revised travel ban
Front Top News

Trump administration appeals block of revised travel ban

WASHINGTON: The Trump administration on Friday appealed a Maryland court's block of its revised travel ban, aiming to reinstate the temporary halt to immigrants and visitor arrivals from six majority Muslim countries.
Published 18 Mar, 2017 07:23am
Radioactive Kind by Peter Essick
Featured Photos

Radioactive Kind by Peter Essick

Photo Credit: Peter Essick%D%APeter Essick is a working photojournalist, author, teacher and speaker.
Published 18 Mar, 2017 07:20am
Scottish leader set to rally troops for referendum
Europe

Scottish leader set to rally troops for referendum

ABERDEEN: Scottish First Minister Nicola Sturgeon was set to ramp up the rhetoric in her demands for another secession referendum when she rallies her independence-hungry footsoldiers on Saturday.
Published 18 Mar, 2017 07:15am
G20 ministers struggle to find consensus on trade, climate
Front Top News

G20 ministers struggle to find consensus on trade, climate

BADEN-BADEN: Finance ministers and central bankers from top economies are battling Saturday to find common ground on world trade in the face of US President Donald Trump's "Buy American" drive.
Published 18 Mar, 2017 07:13am
Wawrinka, Carreno Busta in Indian Wells semis

Wawrinka, Carreno Busta in Indian Wells semis

Three-time Grand Slam champion Stan Wawrinka reached the semi-finals of the ATP Indian Wells Masters for the first time on Thursday with a hard-fought three-set victory over eighth-seeded Dominic Thiem. Switzerland's third-seeded Wawrinka, playing his fir
Published 18 Mar, 2017 12:00am
Shakib, Mosaddek put Bangladesh on top

Shakib, Mosaddek put Bangladesh on top

Shakib Al Hasan struck his fifth Test century and Mosaddek Hossain scored a fifty on his debut to put Bangladesh in control of the second Test against Sri Lanka in Colombo Friday. The visitors were all out for 467 runs to establish a 129-run lead in the f
Published 18 Mar, 2017 12:00am
Vesnina vanquishes Venus to set semi-final with Mladenovic

Vesnina vanquishes Venus to set semi-final with Mladenovic

Elena Vesnina denied Venus Williams another great escape, beating the seven-time Grand Slam champion 6-2, 4-6, 6-3 Thursday to reach the semi-finals at Indian Wells. As Williams shook off a lethargic start and began to apply some pressure, Vesnina kept he
Published 18 Mar, 2017 12:00am
Pogba injured as Manchester United labour to Rostov win

Pogba injured as Manchester United labour to Rostov win

Juan Mata scored the only goal as Manchester United recorded an underwhelming 1-0 victory over FC Rostov on Thursday to reach the Europa League quarter-finals. Mata struck 20 minutes from the end of a subdued game, completing a 2-1 aggregate win that sent
Published 18 Mar, 2017 12:00am
Aussie, kiwi steady

Aussie, kiwi steady

The Australian and New Zealand dollars were sidelined on Friday, but were on track for large weekly gains as the greenback lost steam after the Federal Reserve indicated it was unlikely to speed up monetary tightening. The Australian dollar held steady at
Published 18 Mar, 2017 12:00am
Sterling hits two-week high on BoE lifeline
Currency

Sterling hits two-week high on BoE lifeline

The pound hit a two-week high against the dollar on Friday, drawing confidence from signs that some at the Bank of England may be leaning toward a rise in interest rates to support the currency. Minutes from the Bank's latest Monetary Policy Committee mee
Published 18 Mar, 2017 12:00am
Most Asian currencies set to post best weekly gains

Most Asian currencies set to post best weekly gains

The Taiwan dollar, South Korean won, and Indian rupee are on target on Friday to set their biggest weekly gains for many months, bolstered by a greenback weakened by the US Federal Reserve's decision earlier in the week. The Taiwan dollar was up around 1.
Published 18 Mar, 2017 12:00am
China's yuan slips
Currency

China's yuan slips

China's yuan weakened against the dollar on Friday, due to corporate demand for the greenback, but the Chinese currency was on track for its best week in more than two months. The People's Bank of China set the midpoint rate at 6.8873 per dollar prior to
Published 18 Mar, 2017 12:00am
Sri Lankan rupee rises
Currency

Sri Lankan rupee rises

The Sri Lankan rupee closed higher on Friday as dollar selling by exporters late in the day and inward remittances surpassed demand for the greenback from a foreign bank, dealers said. Rupee forwards were active, with two-week forwards closing at 152.60/8
Published 18 Mar, 2017 12:00am
Dollar stumbles in NY, but losses seen short-lived
Currency

Dollar stumbles in NY, but losses seen short-lived

The dollar dropped to a five-week low against a basket of currencies on Thursday, still reeling from the previous session, when a statement from the US Federal Reserve failed to signal a much faster pace of monetary policy tightening. The Fed on Wednesday
Published 18 Mar, 2017 12:00am
Early trade in NY: Dollar continues slump
Currency

Early trade in NY: Dollar continues slump

The dollar fell to a five-week low on Friday, remaining under pressure for a third straight session after the Federal Reserve quashed hopes for a further bull run in the currency by keeping a gradual pace to its monetary tightening policy. "At the moment,
Published 18 Mar, 2017 12:00am
Euro falls against dollar in Europe
Currency

Euro falls against dollar in Europe

The euro fell back against the dollar on Friday after a poll showed far-right anti-EU leader Marine Le Pen extending her lead over centrist Emmanuel Macron in the first round of France's presidential elections. The Opinionway poll also showed Le Pen, who
Published 18 Mar, 2017 12:00am
Dollar down in Asia
Currency

Dollar down in Asia

The dollar licked its wounds in Asian trading on Friday, wallowing at five-week lows against a currency basket and on track for weekly losses after the US Federal Reserve signalled fewer interest rate hikes than some investors had expected. Although the U
Published 18 Mar, 2017 12:00am
FTSE closes at record level, steadies against stronger sterling

FTSE closes at record level, steadies against stronger sterling

British shares edged higher on Friday, closing at a record level but with a stronger sterling capping gains. The FTSE 100 index ended 0.1 percent higher and posted a small gain for the week. A rising pound, however, added pressure on blue chips after jum
Published 18 Mar, 2017 12:00am
Southeast Asian stocks largely up

Southeast Asian stocks largely up

Most Southeast Asian stock markets ended higher on Friday, buoyed by a weaker dollar as the US Federal Reserve did not signal a faster pace of monetary tightening.
Published 18 Mar, 2017 12:00am
Hong Kong shares little changed

Hong Kong shares little changed

Hong Kong's benchmark share index ended little changed on Friday but still posted its biggest weekly gain in six months as global investors' appetite for riskier assets improved despite expectations of further monetary tightening. The Hang Seng index ende
Published 18 Mar, 2017 12:00am
European shares end week with a gain; banks volatile

European shares end week with a gain; banks volatile

European shares edged higher on Friday, though weaker auto stocks euro zone banks weighed. The latter had hit a fresh 15-month high but fell back after a European Central Bank policymaker rekindled talk of a possible rate hike. Ewald Nowotny said the ECB
Published 18 Mar, 2017 12:00am
China stocks post worst day in three months, up for the week
Currency

China stocks post worst day in three months, up for the week

China's main stock indexes fell on Friday, posting their worst day since last December, as investors await fresh evidence of a sustainable recovery in the world's second-largest economy. The blue-chip CSI300 index and the Shanghai Composite Index both los
Published 18 Mar, 2017 12:00am
Sri Lankan shares recover

Sri Lankan shares recover

Sri Lankan shares edged up on Friday from a one-year closing low hit in the previous session and after eight straight sessions of losses as foreign investors bought battered stocks. The Colombo stock index gained 0.3 percent to finish at 6,047.84, edging
Published 18 Mar, 2017 12:00am
Treasury yields rise

Treasury yields rise

US Treasury yields rose on Thursday from more than one-week lows on the view that they had fallen too sharply in the prior session after the Federal Reserve maintained its outlook for only a gradual pace of interest rate increases this year.
Published 18 Mar, 2017 12:00am
Treasury yields rise

Treasury yields rise

US Treasury yields rose on Thursday from more than one-week lows on the view that they had fallen too sharply in the prior session after the Federal Reserve maintained its outlook for only a gradual pace of interest rate increases this year.
Published 18 Mar, 2017 12:00am
Australian shares up; NZ flat

Australian shares up; NZ flat

Australian shares closed higher on Friday in their fourth consecutive session of gains, supported by a rise in financial stocks after two of the 'Big Four' banks increased their mortgage rates. The S&P/ASX 200 index climbed 0.2 percent to 5,799.60 points
Published 18 Mar, 2017 12:00am
Wall Street slips with healthcare stocks

Wall Street slips with healthcare stocks

US stocks slipped on Thursday pressured by healthcare shares as traders cashed in gains from one of the best performing sectors so far this year. Proposals in President Donald Trump's budget signalled higher regulatory costs for the sector and a cut in fe
Published 18 Mar, 2017 12:00am
Friday's early trade: stocks little changed

Friday's early trade: stocks little changed

US stocks were little changed on Friday as bank shares fell on lingering effects of the Federal Reserve's less aggressive stance on future rate hikes, while a jump in Adobe lifted the technology sector. The S&P 500 financial sector was off 0.82 percent, l
Published 18 Mar, 2017 12:00am
Tokyo shares lower, eyes on G20

Tokyo shares lower, eyes on G20

Tokyo stocks slipped Friday with focus turning to a weekend G20 finance ministers' meeting, but Toshiba rebounded on reports the government may help fund the embattled firm's turnaround. Automakers dragged the main indexes down as investors retreated to t
Published 18 Mar, 2017 12:00am
Indian shares up; climb 2.5 percent on week

Indian shares up; climb 2.5 percent on week

Indian shares pared gains to close slightly higher on Friday, with consumer goods stocks rallying after the Goods and Services Tax council cleared all pending draft bills, paving the way for a faster rollout of the national sales tax. The broader NSE inde
Published 18 Mar, 2017 12:00am
Kuwait raises interest rate after US Fed hike
Currency

Kuwait raises interest rate after US Fed hike

Kuwait on Wednesday raised its benchmark discount rate by 25 basis points to 2.75 percent after the US Federal Reserve hiked its rate, the central bank said. Central bank governor Mohammad al-Hashel said in a statement the increase was taken "to ensure th
Published 18 Mar, 2017 12:00am
Lufthansa cautious for year ahead after record 2016

Lufthansa cautious for year ahead after record 2016

German airline group Lufthansa said Thursday it achieved a record net profit in 2016, but offered only modest forecasts for the current year, squeezed between falling prices and higher costs. The Frankfurt-based firm reported net profit of 1.78 billion eu
Published 18 Mar, 2017 12:00am
Australia to invest billions in hydro plant to stem energy crisis

Australia to invest billions in hydro plant to stem energy crisis

Billions of dollars will be pumped into a massive hydro-electric project in Australia, the prime minister said Thursday, as the country faces a growing power crisis after a huge blackout and heatwave strained supplies. The expansion of the Snowy Mountains
Published 18 Mar, 2017 12:00am
Treasury chief in Germany says US not seeking 'trade wars'
Currency

Treasury chief in Germany says US not seeking 'trade wars'

US Treasury Secretary Steven Mnuchin, on the eve of his maiden outing with the G20, insisted on Thursday that Washington had no desire to have "trade wars" with other economic powers. Mnuchin said US President Donald Trump's administration would keep a cl
Published 18 Mar, 2017 12:00am
Treasury chief in Germany says US not seeking 'trade wars'
Currency

Treasury chief in Germany says US not seeking 'trade wars'

US Treasury Secretary Steven Mnuchin, on the eve of his maiden outing with the G20, insisted on Thursday that Washington had no desire to have "trade wars" with other economic powers. Mnuchin said US President Donald Trump's administration would keep a cl
Published 18 Mar, 2017 12:00am
Bank of Japan holds fire eyeing US economy, Brexit risk

Bank of Japan holds fire eyeing US economy, Brexit risk

Japan's central bank gave an upbeat assessment of the world's number three economy on Thursday, but it flagged risks including "developments" in the US and Chinese economies, as well as Britain's exit from the European Union. The Bank of Japan held fire o
Published 18 Mar, 2017 12:00am
Egypt says Saudi oil giant Aramco to resume deliveries

Egypt says Saudi oil giant Aramco to resume deliveries

Saudi giant Aramco is to resume deliveries of oil products to Egypt that have been suspended since last October, the Egyptian petroleum ministry said, amid differences over the Syrian conflict. "It was agreed that the Saudi side will resume shipping Aramc
Published 18 Mar, 2017 12:00am
Euro MPs approve 'conflict minerals' crackdown

Euro MPs approve 'conflict minerals' crackdown

The European Parliament on Thursday overwhelmingly approved a law requiring firms to ensure they do not use so-called conflict minerals from Africa and other areas that end up funding warlords. The law will force companies to track their supply of tungste
Published 18 Mar, 2017 12:00am
INSEE nudges its French Q2 growth forecast higher

INSEE nudges its French Q2 growth forecast higher

The French economy will grow more strongly than expected in the second quarter of this year, matching expected growth across the broader euro zone after three years of underperformance, national statistics agency INSEE said on Thursday. INSEE raised its f
Published 18 Mar, 2017 12:00am
World Bank indirectly backs harmful SE Asian projects: report

World Bank indirectly backs harmful SE Asian projects: report

World Bank investments in commercial financial institutions are indirectly allowing land-grabs, evictions and pollution in Southeast Asia, a watchdog group charged in a report Friday. By investing in banks and other so-called financial intermediaries, Wor
Published 18 Mar, 2017 12:00am
SWIFT cuts off last North Korea banks from global finance system

SWIFT cuts off last North Korea banks from global finance system

SWIFT, the interbank money transfer system, said Friday it has cut off the last North Korean banks on the network, as international pressure mounts on Pyongyang over its nuclear and ballistic missile programmes. "The DPRK banks remaining on the network ar
Published 18 Mar, 2017 12:00am
EU reinstates fine on air cargo cartel

EU reinstates fine on air cargo cartel

The European Commission on Friday re-instated a near 800-million-euros ($845 million) fine against leading global airlines, including Air France-KLM and British Airways, for their role in an air cargo cartel. A top EU court threw out the penalty in 2015 b
Published 18 Mar, 2017 12:00am
Investment banks ditch the diet and look to expand

Investment banks ditch the diet and look to expand

After several years of restructuring and regulatory pressure, investment banks have reached a turning point after Donald Trump became American president and can look to grow again, according to a study published on Friday. "The world has turned upside dow
Published 18 Mar, 2017 12:00am
Canadian manufacturing sales rise on non-durables

Canadian manufacturing sales rise on non-durables

Canadian manufacturing sales unexpectedly rose in January for the third month in a row, driven by a gain in sales of non-durable goods, including petroleum and coal products, data from Statistics Canada showed on Friday. The 0.6 percent increase in manufa
Published 18 Mar, 2017 12:00am
Fed eases bank merger rules by lifting size threshold for review

Fed eases bank merger rules by lifting size threshold for review

The US Federal Reserve on Thursday made it easier for bigger lenders to merge, by quadrupling its threshold of combined size that would require an extensive regulatory review of a proposed deal. A merger that creates a bank with total assets of less than
Published 18 Mar, 2017 12:00am
Eurozone exports rise
Currency

Eurozone exports rise

The eurozone recorded in January a trade deficit for the first time in three years as a rise in exports from a year earlier was more than offset by a larger increase of imports, the European Union statistics office said on Friday. Eurostat said the 19-cou
Published 18 Mar, 2017 12:00am
US factory, consumer sentiment data boost economic outlook

US factory, consumer sentiment data boost economic outlook

US factory output increased for a sixth straight month in February while consumer sentiment rebounded in early March, underscoring the economy's resilience even as growth appears to have slowed significantly in the first quarter.
Published 18 Mar, 2017 12:00am
Troubled Alitalia to slash one fifth of its staff

Troubled Alitalia to slash one fifth of its staff

Troubled airline Alitalia is planning to make 2,400 staff redundant and cut some salaries by almost a third, trade union sources said Friday. The envisaged job cuts are equivalent to one fifth of the company's workforce of around 12,000 and include just o
Published 18 Mar, 2017 12:00am
Nigerian airline lays off two-thirds of staff to cut costs

Nigerian airline lays off two-thirds of staff to cut costs

Nigeria's second largest airline Aero Contractors has laid off two-thirds of its workforce to save costs and prevent it from going under, a government agency official confirmed on Friday. The company said in a letter to employees on Thursday that it was "
Published 18 Mar, 2017 12:00am
S&P cuts Toshiba's credit rating

S&P cuts Toshiba's credit rating

Standard & Poor's cut its credit rating on Toshiba again Friday, warning that the troubled company's finances were quickly deteriorating owing to huge losses at its US nuclear unit. The ratings agency slashed its outlook on the Japanese industrial giant b
Published 18 Mar, 2017 12:00am
US corn futures firmer for second straight day

US corn futures firmer for second straight day

US corn futures firmed on Wednesday, notching their second straight positive close, as recent weakness that pushed prices to their lowest in a 1-1/2-month sparked buying interest on the export market, traders said. But the gains were kept in check by expe
Published 18 Mar, 2017 12:00am
Sluggish business on cotton market
Cotton

Sluggish business on cotton market

Trade activity failed to pick up in the absence of buying interest on the cotton market on Friday, dealers said. The official spot rate was unchanged at Rs 6750, they said. In Punjab prices of seed cotton were unchanged at Rs 3750-3800, as per 40 kg, they
Published 18 Mar, 2017 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 91,049 tonnes of cargo comprising 61,480 tonnes of import cargo and 29,569 tonnes of export cargo including 5,739 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 61,48
Published 18 Mar, 2017 12:00am
Palm oil firmer on European vegoils market

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market was firmer on Wednesday because of worries that a potential El Nino weather pattern could return this year, causing dryness which could cut palm fruit yields. Asking prices for palm oil were between $7.50 and
Published 18 Mar, 2017 12:00am
European wheat prices rise from one-month low

European wheat prices rise from one-month low

European wheat prices rose on Wednesday in a technical bounce from a one-month low, as traders awaited the results of tenders being held by Egypt and Algeria plus the US Federal Reserve's much anticipated interest rate decision. May milling wheat on the P
Published 18 Mar, 2017 12:00am
Indian soyaoil futures rise

Indian soyaoil futures rise

Indian soyaoil futures rose on Wednesday, tracking the soyaoil contract on the Chicago Board of Trade (CBOT) and palm oil on the Bursa Malaysia Derivatives Exchange. Soyabean oil on the Chicago Board of Trade was up 1.1 percent, while Malaysian palm close
Published 18 Mar, 2017 12:00am
South Korean firms buy naphtha

South Korean firms buy naphtha

South Korean petrochemical firms stepped up naphtha purchases likely lured by lower premiums being traded for the fuel, industry sources said. Lotte Chemical and Hanwha were seeking cargoes for delivery from second-half April to first-half May, one of the
Published 18 Mar, 2017 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Thursday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,018. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 6.06 billion and the number of lots traded was 12,782. Major business was contributed by g
Published 18 Mar, 2017 12:00am
KARACHI CHRONICLE: Shaikh Ayaz: poet of Sindh

KARACHI CHRONICLE: Shaikh Ayaz: poet of Sindh

The people of Sindh are unanimous in recognising Shaikh Ayaz the greatest contemporary poet of the province. The Sindhi language is a treasure-trove of literature filled with folk tales, short stories, novels, plays and, above all poetry, the diamonds and
Published 18 Mar, 2017 12:00am
Arctic ice loss driven by natural swings,not just mankind

Arctic ice loss driven by natural swings,not just mankind

Natural swings in the Arctic climate have caused up to half the precipitous losses of sea ice around the North Pole in recent decades, with the rest driven by man-made global warming, scientists said on Monday.
Published 18 Mar, 2017 12:00am
Smart condo conundrum: talk to appliances, or text them?

Smart condo conundrum: talk to appliances, or text them?

In today's so-called smart home, you can dim the lights, order more toothpaste or tell the kids to go to bed simply by talking to a small Wifi-connected speaker, such as Amazon's Echo or Google's Home.
Published 18 Mar, 2017 12:00am
ART FACTS: Implicit comparison

ART FACTS: Implicit comparison

Inspired by classical Greek art Komail Aijazuddin's paintings expressed timeless truths about our society that seemed to be present thousands of years go in ancient civilisations in a solo exhibition titled "Out of the Blue" at Canvas Art Gallery, Karachi
Published 18 Mar, 2017 12:00am
Hockney at 80: retrospective a 'joyous adventure' in art

Hockney at 80: retrospective a 'joyous adventure' in art

David Hockney is marking his 80th birthday this year with a major retrospective of his work in London, which attempts to explore what turns an artist into a popular star. More than 200 of the celebrated British painter's works are on show at the Tate Brit
Published 18 Mar, 2017 12:00am
Social media linked to feelings of isolation in real life

Social media linked to feelings of isolation in real life

Young adults who spend more time on social media may end up feeling more isolated in their daily lives, a recent study suggests. Researchers focused on how often users of services like Facebook, YouTube, Twitter, Instagram, Reddit, Vine and LinkedIn exper
Published 18 Mar, 2017 12:00am
Young pioneers push envelope on freestyle indoor skydiving

Young pioneers push envelope on freestyle indoor skydiving

Dressed in a white skin-tight full body suit and helmet, Maja Kuczynska spins furiously before diving into a fast-moving sequence of airborne gymnastic moves with the elegance of a ballet dancer. Soaring into yet another spin, she then floats, twists and
Published 18 Mar, 2017 12:00am
Hate daylight saving time? You may have a point

Hate daylight saving time? You may have a point

For most Americans, daylight saving time means only one thing: losing an hour's sleep. So what is the point? This is actually a reasonable question, according to a growing body of scientific research. Daylight saving time is the practice of moving clocks
Published 18 Mar, 2017 12:00am
Save forests, save Earth

Save forests, save Earth

Forests are extremely valuable natural resource of planet Earth. Forests cover one third of all land on Earth and home of innumerable species. Some 300 million people live in forests world-wide, including an estimated 60 million native people whose surviv
Published 18 Mar, 2017 12:00am
Emma Watson is Belle of the ball in 'Beauty and the Beast'

Emma Watson is Belle of the ball in 'Beauty and the Beast'

It is a tale as old as time (or one dating back to the 1990s, at least): Disney dusts off an animated classic, adds bells, whistles and real people, and everyone makes a fortune. Since Jason Scott Lee annoyed purists as a grown-up Mowgli in "Rudyard Kipli
Published 18 Mar, 2017 12:00am
Kinky 'Fifty Shades' stokes fantasy, not reality, says author

Kinky 'Fifty Shades' stokes fantasy, not reality, says author

E.L. James, the British author and producer of the erotic "Fifty Shades of Grey" novels and film franchise, knows that her story about an attractive couple engaged in a kinky relationship is very much a fantasy.
Published 18 Mar, 2017 12:00am
Return of the King: 'Kong: Skull Island' revives iconic ape

Return of the King: 'Kong: Skull Island' revives iconic ape

Eight decades since furry wrecking machine King Kong first stomped into theaters, the giant ape with a predilection for bottle-blonde damsels in distress makes his cinematic comeback last weekend. "Kong: Skull Island" is expected to be a huge world-wide h
Published 18 Mar, 2017 12:00am
BRIDGE NOTES: There is always a better line of play

BRIDGE NOTES: There is always a better line of play

Volumes have been written on safety plays. This time let us recapitulate its basic ingredients by illustrating the following 4 hands: In the first, south plays in 4S on the leads of the QH, with the following hands. As with all plays, playing as south you
Published 18 Mar, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 18 Mar, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 18 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 18 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 18 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 Friday (March 17, 2017).

Published 18 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 Friday (March 17, 2017).

Published 18 Mar, 2017 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (March 17, 2017).
Published 18 Mar, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (March 17, 2017).

Published 18 Mar, 2017 12:00am
Farooq Sattar arrested, released

Farooq Sattar arrested, released

Muttahida Qaumi Movement Pakistan (MQM-P) leader Dr Farooq Sattar was arrested on Friday night while he was returning from a marriage party at PAF Museum near Karsaz. His arrest was made in connection with the August 22 (2016) incidents, according to Aaj
Published 18 Mar, 2017 12:00am
Farooq Sattar arrested, released

Farooq Sattar arrested, released

Muttahida Qaumi Movement Pakistan (MQM-P) leader Dr Farooq Sattar was arrested on Friday night while he was returning from a marriage party at PAF Museum near Karsaz. His arrest was made in connection with the August 22 (2016) incidents, according to Aaj
Published 18 Mar, 2017 12:00am
Sacrilegious contents: IHC seeks ISI's assistance

Sacrilegious contents: IHC seeks ISI's assistance

Islamabad High Court (IHC) on Friday sought assistance from country's premier intelligence agency - Inter Services Intelligence (ISI) - in order to stop circulation of sacrilegious contents on social media. With directives to the agency to send one of its
Published 18 Mar, 2017 12:00am
Sacrilegious contents: IHC seeks ISI's assistance

Sacrilegious contents: IHC seeks ISI's assistance

Islamabad High Court (IHC) on Friday sought assistance from country's premier intelligence agency - Inter Services Intelligence (ISI) - in order to stop circulation of sacrilegious contents on social media. With directives to the agency to send one of its
Published 18 Mar, 2017 12:00am
Iran pilgrims to join this year's Hajj: Saudi Arabia

Iran pilgrims to join this year's Hajj: Saudi Arabia

Iranian pilgrims will participate in this year's Hajj, Saudi Arabia said on Friday, despite ruptured ties between the regional rivals. For the first time in nearly three decades Iran's pilgrims - which would have numbered about 60,000 - did not attend las
Published 18 Mar, 2017 12:00am
Iran pilgrims to join this year's Hajj: Saudi Arabia

Iran pilgrims to join this year's Hajj: Saudi Arabia

Iranian pilgrims will participate in this year's Hajj, Saudi Arabia said on Friday, despite ruptured ties between the regional rivals. For the first time in nearly three decades Iran's pilgrims - which would have numbered about 60,000 - did not attend las
Published 18 Mar, 2017 12:00am
Headcount in 63 districts kicks off today

Headcount in 63 districts kicks off today

Chief Census Commissioner Asif Bajwa said here that complaints have been received during the three-day house count exercise as part of the ongoing countrywide population census which concluded on Friday. House count in 63 districts of the country was comp
Published 18 Mar, 2017 12:00am
Headcount in 63 districts kicks off today

Headcount in 63 districts kicks off today

Chief Census Commissioner Asif Bajwa said here that complaints have been received during the three-day house count exercise as part of the ongoing countrywide population census which concluded on Friday. House count in 63 districts of the country was comp
Published 18 Mar, 2017 12:00am
PPIB cancels ministry-IPPs meeting

PPIB cancels ministry-IPPs meeting

The Ministry of Water and Power has reportedly decided to snub Independent Power Producers (IPPs), prompting the Private Power& Infrastructure Board (PPIB) to cancel the second meeting scheduled to resolve overdue payments issue, well informed sources tol
Published 18 Mar, 2017 12:00am
PPIB cancels ministry-IPPs meeting

PPIB cancels ministry-IPPs meeting

The Ministry of Water and Power has reportedly decided to snub Independent Power Producers (IPPs), prompting the Private Power& Infrastructure Board (PPIB) to cancel the second meeting scheduled to resolve overdue payments issue, well informed sources tol
Published 18 Mar, 2017 12:00am
PPIB cancels ministry-IPPs meeting

PPIB cancels ministry-IPPs meeting

The Ministry of Water and Power has reportedly decided to snub Independent Power Producers (IPPs), prompting the Private Power& Infrastructure Board (PPIB) to cancel the second meeting scheduled to resolve overdue payments issue, well informed sources tol
Published 18 Mar, 2017 12:00am
G20 finance heads to agree on forex

G20 finance heads to agree on forex

The world's financial leaders will renounce competitive devaluations and warn against exchange rate volatility, a document showed on Friday, but are likely to struggle to find common ground on trade and financing against climate change. The difficulty ste
Published 18 Mar, 2017 12:00am
G20 finance heads to agree on forex

G20 finance heads to agree on forex

The world's financial leaders will renounce competitive devaluations and warn against exchange rate volatility, a document showed on Friday, but are likely to struggle to find common ground on trade and financing against climate change. The difficulty ste
Published 18 Mar, 2017 12:00am
G20 finance heads to agree on forex

G20 finance heads to agree on forex

The world''s financial leaders will renounce competitive devaluations and warn against exchange rate volatility, a document showed on Friday, but are likely to struggle to find common ground on trade and financing against climate change. The difficulty st
Published 18 Mar, 2017 12:00am
IBI assets grow 15 percent in CY16

IBI assets grow 15 percent in CY16

The assets of Islamic Banking Industry (IBI) recorded a growth of 15 percent during the last calendar year (CY16). According to State Bank of Pakistan (SBP), assets of IBI surged to Rs 1.853 trillion as on December 31, 2016 compared to Rs 1.610 trillion o
Published 18 Mar, 2017 12:00am
IBI assets grow 15 percent in CY16

IBI assets grow 15 percent in CY16

The assets of Islamic Banking Industry (IBI) recorded a growth of 15 percent during the last calendar year (CY16). According to State Bank of Pakistan (SBP), assets of IBI surged to Rs 1.853 trillion as on December 31, 2016 compared to Rs 1.610 trillion o
Published 18 Mar, 2017 12:00am
IBI assets grow 15 percent in CY16

IBI assets grow 15 percent in CY16

The assets of Islamic Banking Industry (IBI) recorded a growth of 15 percent during the last calendar year (CY16). According to State Bank of Pakistan (SBP), assets of IBI surged to Rs 1.853 trillion as on December 31, 2016 compared to Rs 1.610 trillion o
Published 18 Mar, 2017 12:00am
KfW tenders apology: ministry

KfW tenders apology: ministry

Ministry of Water and Power claims that the German Bank KfW has apologised for controversial report on Pakistan's power sector. An official said that Ministry of Water and Power had written a letter to the Economic Affairs Division (EAD) to call the offic
Published 18 Mar, 2017 12:00am
KfW tenders apology: ministry

KfW tenders apology: ministry

Ministry of Water and Power claims that the German Bank KfW has apologised for controversial report on Pakistan's power sector. An official said that Ministry of Water and Power had written a letter to the Economic Affairs Division (EAD) to call the offic
Published 18 Mar, 2017 12:00am
KfW tenders apology: ministry

KfW tenders apology: ministry

Ministry of Water and Power claims that the German Bank KfW has apologised for controversial report on Pakistan''s power sector. An official said that Ministry of Water and Power had written a letter to the Economic Affairs Division (EAD) to call the offi
Published 18 Mar, 2017 12:00am
Stocks snap losing streak

Stocks snap losing streak

After four consecutive bearish sessions, Pakistan Stock Exchange (PSX) showed recovery on the last trading day Friday. The benchmark KSE-100 index gained some 120 points to close at 48,409 points compared to 48,289 points Thursday. Ahsan Mehanti, analyst
Published 18 Mar, 2017 12:00am
Stocks snap losing streak

Stocks snap losing streak

After four consecutive bearish sessions, Pakistan Stock Exchange (PSX) showed recovery on the last trading day Friday. The benchmark KSE-100 index gained some 120 points to close at 48,409 points compared to 48,289 points Thursday. Ahsan Mehanti, analyst
Published 18 Mar, 2017 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 18 Mar, 2017 12:00am
Stocks snap losing streak

Stocks snap losing streak

After four consecutive bearish sessions, Pakistan Stock Exchange (PSX) showed recovery on the last trading day Friday. The benchmark KSE-100 index gained some 120 points to close at 48,409 points compared to 48,289 points Thursday. Ahsan Mehanti, analyst
Published 18 Mar, 2017 12:00am
BRIndex30 falls 14.85 points

BRIndex30 falls 14.85 points

On Friday, BRIndex30 opened at 27,002.01 points. It touched an intraday high of 27,298.99 points and an intraday low of 26,987.16 points and closed at 26,987.16 points which was -14.85 points or -0.05 percent lower than previous close. Total volume was 10
Published 18 Mar, 2017 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 18 Mar, 2017 12:00am
BRIndex30 falls 14.85 points

BRIndex30 falls 14.85 points

On Friday, BRIndex30 opened at 27,002.01 points. It touched an intraday high of 27,298.99 points and an intraday low of 26,987.16 points and closed at 26,987.16 points which was -14.85 points or -0.05 percent lower than previous close. Total volume was 10
Published 18 Mar, 2017 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Mar, 2017 12:00am
Bajwa meets Wang; Pakistan's approach to CPEC praised

Bajwa meets Wang; Pakistan's approach to CPEC praised

Chief of Army Staff (COAS) General Qamar Javed Bajwa on Friday met Chinese Foreign Minister Wang Yi at China's Foreign Office Beijing. The minister expressed complete understanding of challenges faced by Pakistan, its geo-political relevance and contribut
Published 18 Mar, 2017 12:00am
Bajwa meets Wang; Pakistan's approach to CPEC praised

Bajwa meets Wang; Pakistan's approach to CPEC praised

Chief of Army Staff (COAS) General Qamar Javed Bajwa on Friday met Chinese Foreign Minister Wang Yi at China's Foreign Office Beijing. The minister expressed complete understanding of challenges faced by Pakistan, its geo-political relevance and contribut
Published 18 Mar, 2017 12:00am
Bajwa meets Wang; Pakistan''s approach to CPEC praised

Bajwa meets Wang; Pakistan''s approach to CPEC praised

Chief of Army Staff (COAS) General Qamar Javed Bajwa on Friday met Chinese Foreign Minister Wang Yi at China''s Foreign Office Beijing. The minister expressed complete understanding of challenges faced by Pakistan, its geo-political relevance and contribu
Published 18 Mar, 2017 12:00am
Bajwa meets Wang; Pakistan''''s approach to CPEC praised

Bajwa meets Wang; Pakistan''''s approach to CPEC praised

Chief of Army Staff (COAS) General Qamar Javed Bajwa on Friday met Chinese Foreign Minister Wang Yi at China''''s Foreign Office Beijing. The minister expressed complete understanding of challenges faced by Pakistan, its geo-political relevance and contri
Published 18 Mar, 2017 12:00am
Militant attacks target security forces; three killed

Militant attacks target security forces; three killed

A pair of suicide bombers attacked a training facility belonging to the frontier troops early on Friday, killing an officer, while an overnight cross-border attack in the Khyber tribal region killed two troops, officials said. According to Liaquat Ali Kha
Published 18 Mar, 2017 12:00am
Militant attacks target security forces; three killed

Militant attacks target security forces; three killed

A pair of suicide bombers attacked a training facility belonging to the frontier troops early on Friday, killing an officer, while an overnight cross-border attack in the Khyber tribal region killed two troops, officials said. According to Liaquat Ali Kha
Published 18 Mar, 2017 12:00am
Non-filers: FBR agrees to enhance rates of WHT

Non-filers: FBR agrees to enhance rates of WHT

The Federal Board of Revenue (FBR) has agreed to a budget proposal of field formations to enhance rates of withholding tax on non-filers in the coming budget (2017-18). Sources said that the second day of the Tax Policy Conference at the Federal Board of
Published 18 Mar, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (March 17, 2017).

Published 18 Mar, 2017 12:00am
Non-filers: FBR agrees to enhance rates of WHT

Non-filers: FBR agrees to enhance rates of WHT

The Federal Board of Revenue (FBR) has agreed to a budget proposal of field formations to enhance rates of withholding tax on non-filers in the coming budget (2017-18). Sources said that the second day of the Tax Policy Conference at the Federal Board of
Published 18 Mar, 2017 12:00am
Non-filers: FBR agrees to enhance rates of WHT

Non-filers: FBR agrees to enhance rates of WHT

The Federal Board of Revenue (FBR) has agreed to a budget proposal of field formations to enhance rates of withholding tax on non-filers in the coming budget (2017-18). Sources said that the second day of the Tax Policy Conference at the Federal Board of
Published 18 Mar, 2017 12:00am
FBR arm detects non-payment of Rs 876 million WHT by Railways

FBR arm detects non-payment of Rs 876 million WHT by Railways

The Directorate General of Intelligence and Investigation Inland Revenue (IR) Lahore has detected non-payment of withholding tax of Rs 876 million by Pakistan Railways on contracts with various firms/companies for operating passenger trains. Sources told
Published 18 Mar, 2017 12:00am
FBR arm detects non-payment of Rs 876 million WHT by Railways

FBR arm detects non-payment of Rs 876 million WHT by Railways

The Directorate General of Intelligence and Investigation Inland Revenue (IR) Lahore has detected non-payment of withholding tax of Rs 876 million by Pakistan Railways on contracts with various firms/companies for operating passenger trains. Sources told
Published 18 Mar, 2017 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

Firmness prevailed on the money market on Friday as the rupee did not move any side against the dollar in the process of trading, dealers said. The rupee was inert against the dollar for buying and selling at Rs 104.85 and Rs 104.86 respectively, they sai
Published 18 Mar, 2017 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

Firmness prevailed on the money market on Friday as the rupee did not move any side against the dollar in the process of trading, dealers said. The rupee was inert against the dollar for buying and selling at Rs 104.85 and Rs 104.86 respectively, they sai
Published 18 Mar, 2017 12:00am
Panamagate verdict not in sight?

Panamagate verdict not in sight?

The cause list of the apex court for next week commencing 20 March does not include an announcement of a verdict on the Panama papers prompting senior lawyers to maintain that the much awaited verdict is not likely next week. Talking to Business Recorder,
Published 18 Mar, 2017 12:00am
Panamagate verdict not in sight?

Panamagate verdict not in sight?

The cause list of the apex court for next week commencing 20 March does not include an announcement of a verdict on the Panama papers prompting senior lawyers to maintain that the much awaited verdict is not likely next week. Talking to Business Recorder,
Published 18 Mar, 2017 12:00am
Fifth player suspended in spot-fixing case

Fifth player suspended in spot-fixing case

Pakistan cricket authorities Friday charged and suspended international player Shahzaib Hasan in an ongoing case over spotfixing during a recent Twenty20 league. The widening scandal, which has so far ensnared four other current or former national stars,
Published 18 Mar, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 17, 2017).

Published 18 Mar, 2017 12:00am
Fifth player suspended in spot-fixing case

Fifth player suspended in spot-fixing case

Pakistan cricket authorities Friday charged and suspended international player Shahzaib Hasan in an ongoing case over spotfixing during a recent Twenty20 league. The widening scandal, which has so far ensnared four other current or former national stars,
Published 18 Mar, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 17, 2017).

Published 18 Mar, 2017 12:00am
Government urged to defer revision of property valuations

Government urged to defer revision of property valuations

The government has been urged to defer revision of property valuations for the purpose of tax in budget 2017-18, arguing that "market is still trying to come to terms with previous revisions". Sources said Pakistan's real estate sector has submitted propo
Published 18 Mar, 2017 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (March 17, 2017).

Published 18 Mar, 2017 12:00am
Government urged to defer revision of property valuations

Government urged to defer revision of property valuations

The government has been urged to defer revision of property valuations for the purpose of tax in budget 2017-18, arguing that "market is still trying to come to terms with previous revisions". Sources said Pakistan's real estate sector has submitted propo
Published 18 Mar, 2017 12:00am
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