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Archive - 2017-11-16
The Honda-OMCs face-off
Automobile

The Honda-OMCs face-off

The oil and gas downstream sector has been in the limelight for some odd reasons of late. On one hand, the refineries ar
Updated 08 May, 2018 02:12pm
State minister calls on CM
General News

State minister calls on CM

LAHORE: Minister of State for Religious Affairs and Interfaith Harmony Pir Amin-ul-Hasnat called on Punjab Chief Ministe
Published 16 Nov, 2017 06:51pm
Giraffe lunch time
Featured Photos

Giraffe lunch time

A giraffe mural is seen on the gable end of a building in Shettleston Road in Glasgow East, in Glasgow, Scotland.
Published 16 Nov, 2017 09:02pm
Gold leaf
Featured Photos

Gold leaf

An auctioneer displays a gold laurel leaf from French Emperor Napoleon's imperial crown at the office of the Osenat
Published 16 Nov, 2017 06:58pm
Reed-pipe wind instrument
Featured Photos

Reed-pipe wind instrument

Ethnic Miao women wearing traditional costumes take part in a parade during the traditional Lusheng (reed-pipe wind
Published 16 Nov, 2017 05:00pm
Mask of King Tutankhamun
Featured Photos

Mask of King Tutankhamun

The golden mask of King Tutankhamun is displayed inside a glass cabinet during the opening of the exhibition "Tutank
Published 16 Nov, 2017 03:17pm
World stock markets rebound
Financial

World stock markets rebound

LONDON: Global stock markets mostly rebounded Thursday on bargain-hunting following recent losses. Tokyo recovered fr
Published 16 Nov, 2017 08:30pm
Blind men and the elephant
Miscellaneous

Blind men and the elephant

Few years ago, when the CPEC was starting out, the stakeholders’ and observers’ understanding of it was akin to the all
Updated 16 Nov, 2017 02:24pm
It’s the splurge season
Miscellaneous

It’s the splurge season

One wonders whether Chairman Mao would approve of a materialism that is thriving alright in China. Last week, our friend
Updated 16 Nov, 2017 01:37pm
Indo-Pak meaningful discussion needed: FO
Pakistan Top News

Indo-Pak meaningful discussion needed: FO

ISLAMABAD: Pakistan and India need to engage in meaningful discussion on confidence building measures, arms race and
Published 16 Nov, 2017 12:09pm
Bullion Prices on Thursday
Markets

Bullion Prices on Thursday

KARACHI: Following were the Bullion Prices in Karachi and Multan on Thursday. KARACHI: (per 10 gram) Gold Teza
Published 16 Nov, 2017 12:05pm
MQM(P)-PSP squabble

MQM(P)-PSP squabble

The recriminations that followed last week's press conference by PSP chief Mustafa Kamal in the presence of MQM-Pakistan leader Farooq Sattar continue with some outsiders jumping in to the fray on the latter's side as defenders of democracy. The two parti
Updated 16 Nov, 2017 12:05pm
UK retail sales mixed in October
World

UK retail sales mixed in October

LONDON: British retail sales rebounded in October from September, official data showed Thursday, but fell on an annu
Published 16 Nov, 2017 11:34am
Refineries' imminent closure

Refineries' imminent closure

Domestic oil refineries have warned the government that its stated policy to furnace oil with gas as fuel for power plants in the public and private sector en masse would lead to imminent closure of refineries. The reason: with the decline in demand, refi
Updated 16 Nov, 2017 09:14am
Sunny future for renewables thanks to China: IEA

Sunny future for renewables thanks to China: IEA

Solar energy is to lead the race to new power generation over the coming decades, thanks in large part to China and India, the International Energy Agency said Tuesday. The IEA's annual World Energy Outlook report said that, over the next quarter century,
Published 16 Nov, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (November 15, 2017).

Published 16 Nov, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (November 15, 2017).

Published 16 Nov, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (November 15, 2017).

Published 16 Nov, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (November 15, 2017).

Published 16 Nov, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (November 15, 2017).

Published 16 Nov, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (November 15, 2017).

Published 16 Nov, 2017 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (November 15, 2017).

Published 16 Nov, 2017 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (November 15, 2017).

Published 16 Nov, 2017 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (November 15, 2017).

Published 16 Nov, 2017 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 15, 2017).

Published 16 Nov, 2017 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 15, 2017).

Published 16 Nov, 2017 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 15, 2017).

Published 16 Nov, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (November 15, 2017).

Published 16 Nov, 2017 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (November 15, 2017).
Published 16 Nov, 2017 12:00am
Bill buying rates per unit of currency
Currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (November 15, 2017).

Published 16 Nov, 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 Wednesday (November 15, 2017).

Published 16 Nov, 2017 12:00am
Barclays bid rates and maximum rates for payment of interest
Exchange

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 16 Nov, 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 16 Nov, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 16 Nov, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 16 Nov, 2017 12:00am
US natural gas futures fall on less heating demand

US natural gas futures fall on less heating demand

US natural gas futures fell on Tuesday on forecasts for less heating demand in the coming weeks than previously expected. Front-month gas futures fell 6.5 cents, or 2.1 percent, to settle at $3.102 per million British thermal units, their lowest close sin
Published 16 Nov, 2017 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,075. The traded value of Metals, Energy and COTS/FX was recorded at PKR 8.438 billion and the number of lots traded was 14,079.
Published 16 Nov, 2017 12:00am
US FOB Gulf soyabean bids weaker

US FOB Gulf soyabean bids weaker

Basis bids for soyabeans delivered by barge to US Gulf Coast export terminals were mostly lower on Tuesday, weighed down by weak freight costs and adequate supplies following a record-large US harvest, traders said. Export premiums were mostly flat as US
Published 16 Nov, 2017 12:00am
Russian wheat export prices fall on weaker rouble
Currency

Russian wheat export prices fall on weaker rouble

Russian wheat export prices fell for the second consecutive week due to a weaker rouble currency against the dollar and softer demand, analysts said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein content for December delivery were
Published 16 Nov, 2017 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 114,004 tonnes of cargo comprising 99,944 tonnes of import cargo and 14,060 tonnes of export cargo including 5,592 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of 9
Published 16 Nov, 2017 12:00am
Cotton market: picking operations begin as smog ends
Cotton

Cotton market: picking operations begin as smog ends

Rates continued slide for the third consecutive day on the cotton market on Wednesday as picking operation started gaining momentum because smog have started lifting from cotton belt, particularly in the Punjab, dealers said. The official spot rate droppe
Published 16 Nov, 2017 12:00am
European wheat prices slightly firmer
Exchange

European wheat prices slightly firmer

European wheat prices were slightly firmer on Tuesday, supported by technical trading but facing downward pressure from lower corn and soybean markets in the United States, traders said. December milling wheat on the Paris-based Euronext exchange closed u
Published 16 Nov, 2017 12:00am
German economy powers on with trade, investments driving growth

German economy powers on with trade, investments driving growth

Germany's economy shifted into an even higher gear in the third quarter, propelled by buoyant exports and rising company investments in equipment, data showed on Tuesday. In a further positive sign for Europe's biggest economy, the ZEW institute said inve
Published 16 Nov, 2017 12:00am
Poland's economy grows at fastest pace in five years in Q3

Poland's economy grows at fastest pace in five years in Q3

Poland's economy expanded at its fastest pace in more than five years in the third quarter, data showed on Tuesday, signalling investment has finally rebounded and joined consumption in driving growth. Gross domestic product (GDP) grew by 4.7 percent year
Published 16 Nov, 2017 12:00am
Australia business conditions jump to all-time high in October

Australia business conditions jump to all-time high in October

A measure of Australian business conditions surged to its highest on record in October as strength in sales and profits across a range of industries completely overwhelmed protracted weakness in the retail sector. National Australia Bank's survey of more
Published 16 Nov, 2017 12:00am
Paris region promised 2,500 jobs post Brexit: leader

Paris region promised 2,500 jobs post Brexit: leader

The French region of Ile-de-France that includes Paris has already been promised 2,500 jobs to be switched from Britain as a result of Brexit, its president claimed on Tuesday. "Brexit: 2,500 jobs already announced for Ile-de-France, with a target of 10,0
Published 16 Nov, 2017 12:00am
Bangladesh's economic growth hit record 7.28 percent

Bangladesh's economic growth hit record 7.28 percent

Bangladesh's economic growth hit a record 7.28 percent in the financial year ending June 2017, slightly faster than the 7.24 percent expected and up from 7.11 percent the previous year, Planning Minister Mustafa Kamal said on Tuesday. Bangladesh aims to b
Published 16 Nov, 2017 12:00am
Rare pink diamond aims for $30 million haul

Rare pink diamond aims for $30 million haul

An extremely rare 37.3-carat pink diamond goes under the hammer Wednesday as the top offer at Sotheby's jewel sale, after rival auction house Christie's sold a whopping gem for nearly $34 million. The twice-yearly precious jewel sales held at glitzy hotel
Published 16 Nov, 2017 12:00am
Airbnb limits rentals in central Paris to 120 days a year

Airbnb limits rentals in central Paris to 120 days a year

Homesharing giant Airbnb announced Tuesday that it will automatically cap rentals in central Paris to 120 nights a year, bringing it in line with the French capital's legal limit. But Airbnb was quickly criticised for not imposing the new restriction - wh
Published 16 Nov, 2017 12:00am
IMF raises South Korea 2017 growth outlook, cites robust exports

IMF raises South Korea 2017 growth outlook, cites robust exports

The International Monetary Fund said on Tuesday it expects South Korea's economy to expand by 3.2 percent this year, slightly faster than it had previously forecast, as a cyclical recovery led by exports will continue through the fourth quarter. The IMF's
Published 16 Nov, 2017 12:00am
Amazon scraps bundled video service

Amazon scraps bundled video service

Amazon.com Inc has scrapped plans to launch an online streaming service bundling popular US broadcast and cable networks because it believes it cannot make enough money on such a service, people familiar with the matter told Reuters. The world's largest o
Published 16 Nov, 2017 12:00am
EU parliament toughens law to limit cheap Chinese imports

EU parliament toughens law to limit cheap Chinese imports

The European Parliament overwhelmingly passed a law Wednesday that gives the EU far more legal freedom to tighten trade barriers against cheap imports from China. The law, several years in the making, introduces a new method for drawing up anti-dumping du
Published 16 Nov, 2017 12:00am
Nestle shakes up infant nutrition

Nestle shakes up infant nutrition

Nestle, the world's largest packaged food firm, is reorganising its infant nutrition unit to compete with regional rivals, the latest in a string of shake-ups for global packaged goods companies struggling to reignite sales. The Swiss maker of Gerber baby
Published 16 Nov, 2017 12:00am
Altice says to halt acquisitions, reduce debt

Altice says to halt acquisitions, reduce debt

Media and telecoms group Altice, which has seen its share price tumble in recent weeks, will hold off on further acquisitions and instead focus on cutting debt, executives said Wednesday. The company has emerged as a major telecoms player in Europe and th
Published 16 Nov, 2017 12:00am
US core inflation pushes higher; retail sales rise

US core inflation pushes higher; retail sales rise

Underlying US consumer prices increased in October on the back of a pickup in rents and healthcare costs, bolstering the view that a recent disinflationary trend worrying the Federal Reserve probably had ended. The rise in the consumer price index, exclud
Published 16 Nov, 2017 12:00am
Japan's economy continues growth spurt but pace slows

Japan's economy continues growth spurt but pace slows

Japan notched up its seventh straight quarter of economic growth, official data showed on Wednesday, although the rate of expansion in the world's third-biggest economy is slowing. Japanese gross domestic product (GDP) grew by 0.3 percent in the third qua
Published 16 Nov, 2017 12:00am
Boeing announces $27 billion order from flydubai for 737 MAXs

Boeing announces $27 billion order from flydubai for 737 MAXs

Boeing on Wednesday announced an order from Gulf airline flydubai for 225 medium-haul 737 MAX aircraft with a list price of $27 billion, hailing it as the "largest-ever single-aisle jet order" from a Middle East carrier. The announcement, made at the Duba
Published 16 Nov, 2017 12:00am
Airbus lands biggest-ever contract for 430 A320s

Airbus lands biggest-ever contract for 430 A320s

Airbus announced its biggest-ever order on Wednesday, signing a deal to supply 430 of its medium-range A320 family of aircraft to US investment firm Indigo Partners, at a list price of $49.5 billion (42 billion euros). "An order for 430 aircraft is remark
Published 16 Nov, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (November 15, 2017)

Published 16 Nov, 2017 12:00am
Turkey, Afghanistan, ex-Soviet trio sign corridor deal

Turkey, Afghanistan, ex-Soviet trio sign corridor deal

A road and rail corridor connecting war-torn Afghanistan with Turkey and Europe was signed off by officials from five countries on Wednesday in Turkmenistan's capital Ashgabat. The so-called Lapis Lazuli corridor agreement is the product of more than fiv
Published 16 Nov, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (November 15, 2017).

Published 16 Nov, 2017 12:00am
Turkey, Afghanistan, ex-Soviet trio sign corridor deal

Turkey, Afghanistan, ex-Soviet trio sign corridor deal

A road and rail corridor connecting war-torn Afghanistan with Turkey and Europe was signed off by officials from five countries on Wednesday in Turkmenistan's capital Ashgabat. The so-called Lapis Lazuli corridor agreement is the product of more than fiv
Published 16 Nov, 2017 12:00am
'Mark my words, court will punish me': Nawaz

'Mark my words, court will punish me': Nawaz

Former Prime Minister Nawaz Sharif Wednesday said that the detailed judgment of Supreme Court on review petition filed by him against the July 28 Panama Papers verdict "was not a decision but a message to the accountability court to punish me at all costs
Published 16 Nov, 2017 12:00am
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