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Archive - 2017-12-09
Pak-China Naval Exercise
Featured Photos

Pak-China Naval Exercise

PLA (N) ship gun firing during 5th Joint Pak-China Naval Exercise at Shanghai.   INP
Published 09 Dec, 2017 05:33pm
Seven dead in botched raid on Cameroon police post

Seven dead in botched raid on Cameroon police post

Seven people died overnight during a botched raid by presumed separatists on a police station in a restive a restive English-speaking region of Cameroon, security sources said on Friday. The attack, in which a policeman died and six attackers were killed,
Published 09 Dec, 2017 12:00am
Russia says 'satellite' could have caused radioactive pollution

Russia says 'satellite' could have caused radioactive pollution

Russian scientists on Friday said radioactive pollution detected in Europe in September was not linked to one of the country's nuclear facilities and speculated that a satellite could be the cause. Russia's Rosatom nuclear agency in November asked scienti
Published 09 Dec, 2017 12:00am
After stinging Athens, Erdogan woos crowds in northern Greece

After stinging Athens, Erdogan woos crowds in northern Greece

Turkish President Tayyip Erdogan gave out toy cars and dolls to children on the final leg of a visit to Greece on Friday, a trip meant to boost ties but which has exposed the deep rifts between the two neighbours. Erdogan visited the Muslim community in K
Published 09 Dec, 2017 12:00am
Three dead in samurai sword attack at Tokyo shrine

Three dead in samurai sword attack at Tokyo shrine

A former priest wielding a samurai sword killed his Shinto priestess sister and another woman in an apparent family vendetta at a historic Tokyo shrine, before turning the blade on himself, police told AFP Friday. Shigenaga Tomioka, 56, set upon his older
Published 09 Dec, 2017 12:00am
Macron wins Charlemagne Prize for vision to rebuild Europe

Macron wins Charlemagne Prize for vision to rebuild Europe

French President Emmanuel Macron will be awarded next year's Charlemagne Prize for his vision to rebuild Europe at a time when the bloc is battling instability, organisers of the award said Friday. The selection committee of the German award said it picke
Published 09 Dec, 2017 12:00am
China protests Australian 'prejudices'

China protests Australian 'prejudices'

Beijing said Friday it has lodged an official protest with Canberra after Australia's parliament proposed a suite of foreign interference laws and singled out China as a focus of concern. "We are quite shocked at relevant remarks of Australian leaders," f
Published 09 Dec, 2017 12:00am
Japan plans long-range missiles amid North Korea threat

Japan plans long-range missiles amid North Korea threat

Japan plans to purchase offensive air-to-surface missiles to counter North Korea's rising military threat, its defence minister said Friday, a move likely to stir debate over its decades-long pacifist policy. Itsunori Onodera said the ministry intends to
Published 09 Dec, 2017 12:00am
Poland adopts more controversial judicial reforms

Poland adopts more controversial judicial reforms

Poland's right-wing dominated parliament on Friday passed controversial reforms that opposition politicians and the EU insist further undermine judicial independence and the separation of powers. The reforms allow parliament to choose members of a body de
Published 09 Dec, 2017 12:00am
British jihadist who fought in Syria gets 10 years

British jihadist who fought in Syria gets 10 years

A British jihadist who fought to overturn Libyan dictator Muammar Qadhafi and joined the ranks of the Islamic State group in Syria was sentenced to 10 years in prison Friday. Mohammed Abdallah, 26, who has dual British and Libyan nationality, joined the "
Published 09 Dec, 2017 12:00am
Two hikers dead, seven missing in Iran avalanche

Two hikers dead, seven missing in Iran avalanche

Two Iranian hikers were killed in an avalanche in western Iran and seven others are still missing and hope of finding them alive are fading, media reported on Friday. The hikers were among a group of 14 men and women from the city of Mashhad and a local g
Published 09 Dec, 2017 12:00am
Franken and Franks resign as misconduct charges batter US Congress

Franken and Franks resign as misconduct charges batter US Congress

US Democratic Senator Al Franken announced his resignation on Thursday after facing a series of sexual misconduct allegations, and Republican Representative Trent Franks also said he was stepping down as he too was hit with ethics charges.
Published 09 Dec, 2017 12:00am
ICC to examine India pollution Test

ICC to examine India pollution Test

Medical experts are to examine whether India was right to hold a Test match against Sri Lanka during hazardous smog in New Delhi, the game's world governing body said Friday. The controversy will also be discussed at an International Cricket Council (ICC)
Published 09 Dec, 2017 12:00am
FIFA slaps Peru captain with one-year drug ban

FIFA slaps Peru captain with one-year drug ban

Peru captain Paolo Guerrero will miss the World Cup after been banned from football for a year for failing a drugs test, FIFA's disciplinary committee announced on Friday. The 33-year-old attacker, who plays for Brazilian giants Flamengo, was handed the b
Published 09 Dec, 2017 12:00am
Hathurusingha named Sri Lanka cricket coach

Hathurusingha named Sri Lanka cricket coach

Sri Lanka Friday named Chandika Hathurusingha as their new head coach with the mission of ending the national team's crisis run in international cricket. The Sri Lankan resigned in October as Bangladesh's coach after guiding the national team through thei
Published 09 Dec, 2017 12:00am
Ronaldo wins fifth Ballon d'Or award

Ronaldo wins fifth Ballon d'Or award

Portuguese star Cristiano Ronaldo won a record-equalling fifth Ballon d'Or award for the year's best player on Thursday. The Real Madrid forward's second successive win drew him level alongside Barcelona rival Lionel Messi on five Ballons d'Or, after the
Published 09 Dec, 2017 12:00am
Chen captures first Grand Prix final crown

Chen captures first Grand Prix final crown

American teenager Nathan Chen on Friday grabbed his first Grand Prix Final title, boding well ahead of February's Olympics, while Kaetlyn Osmond of Canada took the lead after the women's short programme. Chen, who led the previous day's short routine, ear
Published 09 Dec, 2017 12:00am
Arsenal thrash BATE Borisov, Marseille qualify

Arsenal thrash BATE Borisov, Marseille qualify

Jack Wilshere starred as Arsenal romped to a 6-0 thrashing of BATE Borisov at a half-empty Emirates Stadium in their final Europa League group game on Thursday, while Marseille booked their place in the last 32. Arsene Wenger made 11 changes to the team t
Published 09 Dec, 2017 12:00am
Pacer Sami gets clean chit in PSL spot-fixing probe

Pacer Sami gets clean chit in PSL spot-fixing probe

Pakistani pacer Mohammad Sami has been cleared of all allegations in spot-fixing case by the Pakistan Cricket Board (PCB), it has been learnt. PCB anti-corruption tribunal heard Sami's case on Friday. He was summoned at the PCB headquarters in Lahore. Sam
Published 09 Dec, 2017 12:00am
North Korea prize money frozen at Asian football tournament

North Korea prize money frozen at Asian football tournament

North Korea will not be entitled to any prize money at this month's East Asian football championships due to economic sanctions imposed on Pyongyang, tournament organisers have said. Visiting North Korea kick off the men's competition against hosts Japan
Published 09 Dec, 2017 12:00am
Hafeez to leave for bowling action correction in England

Hafeez to leave for bowling action correction in England

Mohammad Hafeez is travelling to England in the middle of next week to have his bowling action assessed under Dr Paul Hurrion, Bio mechanist expert and Carl Crowe, bowling coach who has worked successfully with Sunil Naraine. A PCB spokesman said, here Fr
Published 09 Dec, 2017 12:00am
Pakistan netball team for Asian Championship announced

Pakistan netball team for Asian Championship announced

The Pakistan Netball Federation (PNF) Friday announced the Pakistan men's netball team to participate in the forthcoming Asian Men's Netball Championship 2017 to be held at Kuala Lumpur, Malaysia from December 13-17, 2017. President Pakistan Netball Feder
Published 09 Dec, 2017 12:00am
National Youth Carnival begins in Peshawar

National Youth Carnival begins in Peshawar

The most awaited third addition of the National Youth Carnival (NYC) Mega Challenge-2017 will start today (Saturday) at 30 beautiful decorated different venues inside Peshawar Sports Complex wherein 2000 female and male from all across Pakistan would comp
Published 09 Dec, 2017 12:00am
United Snacks in December Polo Cup main final

United Snacks in December Polo Cup main final

United Snacks Polo team outlasted Newage to book berth for the main final of the December Polo Cup 2017 while the losing side qualified for the subsidiary final here at the Lahore Polo Club (LPC) ground on Friday. Hissam Ali Hyder emerged as hero of the d
Published 09 Dec, 2017 12:00am
KP government honours Pakistan's rising tennis star Hamza Roman

KP government honours Pakistan's rising tennis star Hamza Roman

The provincial government of Khyber Pakhtunkhwa Friday honoured National U-10 Tennis Champion Hamza Roman with cash incentives of Rs 50000/- for winning almost all national ranking event this year. A star in making Hamza Roman, wants to become Roger Feder
Published 09 Dec, 2017 12:00am
Aussie up, kiwi range bound
Currency

Aussie up, kiwi range bound

The Australian dollar won a small reprieve on Friday as solid Chinese trade data lifted it above a six-month trough, while its New Zealand cousin traded within recent ranges. The Aussie, a liquid proxy for China plays, steadied at $0.7513 after two straig
Published 09 Dec, 2017 12:00am
Sterling skids as investors bank Brexit deal gains
Currency

Sterling skids as investors bank Brexit deal gains

Sterling skidded on Friday, trading almost two US cents below a high reached earlier after a breakthrough in Brexit negotiations, with cautious investors booking profits after a sharp rally in recent days. Britain and the European Union reached a divorce
Published 09 Dec, 2017 12:00am
Sri Lankan rupee gains
Currency

Sri Lankan rupee gains

The Sri Lankan rupee closed firmer on Friday as year-end remittances and selling of the US currency by exporters outpaced importer dollar demand, dealers said. The spot rupee ended at 153.05/10 per dollar, compared with Thursday's close of 153.30/35.
Published 09 Dec, 2017 12:00am
Most Asian currencies down

Most Asian currencies down

Most emerging Asian currencies traded flat to marginally easier on Friday as the dollar gained on the passage of a bill to temporarily extend US government funding, raising investors' optimism that a tax reform bill would also pass. The US Congress passed
Published 09 Dec, 2017 12:00am
China's yuan lower

China's yuan lower

China's yuan inched lower against the US dollar on Friday, reflecting strength in the greenback in global markets, but was on course to finish the week little changed. Prior to the market opening on Friday, the People's Bank of China (PBOC) set the midpoi
Published 09 Dec, 2017 12:00am
Dollar advances against basket of currencies in New York
Currency

Dollar advances against basket of currencies in New York

The dollar rose to a two-week high against a basket of major currencies on Thursday, on stronger risk appetite across markets and optimism the United States will successfully push through a tax reform program. The greenback also gained against the yen, hi
Published 09 Dec, 2017 12:00am
Early trade in New York: dollar rises against euro, yen

Early trade in New York: dollar rises against euro, yen

The dollar rose against the euro and yen in choppy trading on Friday after data showed the US economy created more jobs than expected last month, but gains were capped by wages data that analysts said were disappointing. That could weigh on the pace of in
Published 09 Dec, 2017 12:00am
Euro falls in Europe, set for biggest weekly drop in six weeks
Currency

Euro falls in Europe, set for biggest weekly drop in six weeks

The euro fell by a third of a percent on Friday, set for its biggest weekly loss in six weeks as investors bought the dollar on expectations the Federal Reserve may signal more interest rate increases next year markets are now pricing in. The single curre
Published 09 Dec, 2017 12:00am
Sterling rises, euro down in Asia
Currency

Sterling rises, euro down in Asia

Sterling rose while the euro edged down on Friday, as traders waited to see if British Prime Minister Theresa May has finally clinched an elusive deal with Irish and EU officials on how they would run their post-Brexit Irish land border. The US dollar was
Published 09 Dec, 2017 12:00am
Brexit breakthrough boosts FTSE, housebuilders rise
Currency

Brexit breakthrough boosts FTSE, housebuilders rise

A breakthrough in Brexit talks helped British shares surge ahead of European peers on Friday as sterling fell back, dented by investors banking their gains in the currency which has swung violently as negotiations unfolded. The blue chip FTSE 100 index cl
Published 09 Dec, 2017 12:00am
Southeast Asian stocks rise on robust China trade data

Southeast Asian stocks rise on robust China trade data

Southeast Asian stock markets rose on Friday, led by Philippines, on the back of robust economic data from China and Japan, and the United States' quick move to avert a government shutdown over the weekend. Beijing reported exports surged 12.3 percent in
Published 09 Dec, 2017 12:00am
European stocks rally after Brexit, banking rules deals
Currency

European stocks rally after Brexit, banking rules deals

European stocks rallied to a week's high on Friday as Britain and the European Union announced a breakthrough in Brexit negotiations and new global banking regulations appeared kinder to European banks than had been expected. The European Commission said
Published 09 Dec, 2017 12:00am
Hong Kong shares rise

Hong Kong shares rise

Hong Kong stocks rose the most in two weeks on Friday, aided by a sharp rebound in Tencent Holdings, and better-than-expected China November trade data. At close of trade, the Hang Seng index was up 336.66 points or 1.19 percent at 28,639.85. The Hang Sen
Published 09 Dec, 2017 12:00am
Penny-stock crash firm says two executives arrested
Exchange

Penny-stock crash firm says two executives arrested

A Hong Kong company identified as part of a network of penny-stock firms whose share prices crashed spectacularly in June, said two of its executives are under investigation while another firm said it has been "invited to assist" authorities. Both compani
Published 09 Dec, 2017 12:00am
China stocks move higher
Exchange

China stocks move higher

China stocks ended higher on Friday, as better-than-expected Chinese trade data underpinned market sentiment. China's exports and imports accelerated last month after slowing in October, an encouraging sign for the world's second-biggest economy which has
Published 09 Dec, 2017 12:00am
Long-dated Treasury yields rise

Long-dated Treasury yields rise

Longer-dated US Treasury yields rose on Thursday as risk appetite increased, diminishing the attractiveness of safe-haven US government debt. Investors favoured selling longer-dated debt as the US Treasury yield curve had compressed to its tightest level
Published 09 Dec, 2017 12:00am
Long-dated Treasury yields rise

Long-dated Treasury yields rise

Longer-dated US Treasury yields rose on Thursday as risk appetite increased, diminishing the attractiveness of safe-haven US government debt. Investors favoured selling longer-dated debt as the US Treasury yield curve had compressed to its tightest level
Published 09 Dec, 2017 12:00am
Australian, New Zealand shares climb

Australian, New Zealand shares climb

Australian shares rose for a second day on Friday, taking cues from Wall Street's gains and stronger oil prices, and the market managed to have its third straight winning week. The S&P/ASX 200 index finished up 0.3 percent, or 16.68 points, at 5,994.40, h
Published 09 Dec, 2017 12:00am
Wall Street rises as Facebook, Alphabet, Lululemon gain
Exchange

Wall Street rises as Facebook, Alphabet, Lululemon gain

Wall Street rose on Thursday, buoyed by popular technology companies including Facebook and Alphabet, while shares of yoga pants seller Lululemon Athletica also worked up a sweat. Facebook climbed 2.31 percent, while Google parent-company Alphabet added 1
Published 09 Dec, 2017 12:00am
Friday's early afternoon trade: Indexes up on robust hiring data

Friday's early afternoon trade: Indexes up on robust hiring data

Wall Street indexes gained on Friday as US employers added more jobs than expected in November, cementing the case for an interest rate hike next week and adding to optimism about the economy heading into 2018. Technology stocks such as Microsoft, Apple a
Published 09 Dec, 2017 12:00am
Tokyo stocks up on weaker yen, strong GDP

Tokyo stocks up on weaker yen, strong GDP

Tokyo stocks rose on Friday as the dollar held gains against the yen while a large upwards revision to Japan's latest growth figures also provided a boost. The benchmark Nikkei 225 index rose 1.39 percent, or 313.05 points, to close at 22,811.08. Over the
Published 09 Dec, 2017 12:00am
India shares rise

India shares rise

Indian shares rose for a second straight session on Friday amid hopes the ruling Bharatiya Janata Party (BJP) would win state elections in Gujarat beginning this weekend, with financials accounting for most of the gains. The broader NSE index closed up 0.
Published 09 Dec, 2017 12:00am
New Zealand house prices jump in November

New Zealand house prices jump in November

New Zealand's house prices jumped in November as buyers rushed to get in ahead of new government regulations to crack down on property speculation slated for the first quarter of next year. Quotable Value's (QV) residential property price index surged 6.4
Published 09 Dec, 2017 12:00am
Ukraine bows to IMF pressure on anti-corruption agency

Ukraine bows to IMF pressure on anti-corruption agency

Ukraine's parliament bowed Thursday to pressure from its Western lenders and delayed voting on legislation giving it the power to remove heads of the country's nascent anti-corruption agency. The National Anti-Corruption Bureau of Ukraine (NABU) has come
Published 09 Dec, 2017 12:00am
IMF approves $44.5 millions credit for Madagascar

IMF approves $44.5 millions credit for Madagascar

The International Monetary Fund (IMF) said it has approved a further $44.5 million credit for Madagascar, as part of a drive to support the country's economic recovery. The IMF and other international donors broke ties or cut aid payments to the Indian Oc
Published 09 Dec, 2017 12:00am
Croatia raises minimum wage and its quota for foreign workers

Croatia raises minimum wage and its quota for foreign workers

Croatia on Thursday raised its minimum wage by 5 percent and increased the number of licences for foreign workers in 2018 in a bid to boost the competitiveness of one of the weakest economies in the European Union. The government also slashed contribution
Published 09 Dec, 2017 12:00am
Holidays sink German industrial output in October

Holidays sink German industrial output in October

German industrial production fell unexpectedly in October, data showed on Thursday, but the cause was probably public holidays that let workers take long weekends, the Economy Ministry and analysts said. Industrial output decreased by 1.4 percent after fa
Published 09 Dec, 2017 12:00am
Nuclear fusion project faces delay over US budget cuts

Nuclear fusion project faces delay over US budget cuts

The head of the multinational nuclear fusion project known as ITER, in Washington for talks with President Donald Trump's administration, has warned US budget cuts could delay completion of the experimental reactor. Launched a decade ago by seven partners
Published 09 Dec, 2017 12:00am
Post-Mugabe Zimbabwe issues pro-investment budget
Exchange

Post-Mugabe Zimbabwe issues pro-investment budget

Zimbabwe's Finance Minister Patrick Chinamasa on Thursday presented the 2018 budget which included a raft of business- and investor-friendly proposals as well as plans to tackle corruption and waste. The measures include the partial repeal of a controvers
Published 09 Dec, 2017 12:00am
Senegal economy hopes for takeoff as new airport opens

Senegal economy hopes for takeoff as new airport opens

Senegal's president opened a flagship new airport on Thursday seen as the central plank of government plans to boost the economy and create a west African regional hub. President Macky Sall toured the brand new Blaise Diagne International Airport accompan
Published 09 Dec, 2017 12:00am
Mexico inflation ticks up, boosting rate hike expectations

Mexico inflation ticks up, boosting rate hike expectations

Mexican inflation accelerated for a second straight month in November, data showed on Thursday, raising the likelihood the central bank will raise interest rates this month to contain price pressures. Annual inflation ticked up to 6.63 percent from 6.37 p
Published 09 Dec, 2017 12:00am
Putin launches giant $27 billion LNG project in the Arctic

Putin launches giant $27 billion LNG project in the Arctic

President Vladimir Putin on Friday launched a $27 billion liquefied natural gas plant in the snow-covered plains of the Arctic as Russia hopes to surpass Qatar to become the world's biggest exporter of the chilled fuel. The Russian president congratulated
Published 09 Dec, 2017 12:00am
Japan economy growing twice as fast as expected

Japan economy growing twice as fast as expected

Japan is growing twice as fast as previously estimated, official data showed on Friday, with the world's third-largest economy posting its longest string of gains in more than two decades. Gross domestic product in the third quarter of the year rose 0.6 p
Published 09 Dec, 2017 12:00am
IMF approves $251 million payout to Sri Lanka

IMF approves $251 million payout to Sri Lanka

The International Monetary Fund on Thursday approved the release of $251 million to Sri Lanka, the latest payment of a three-year loan that had been delayed amid differences over the scope and pace of reforms. The IMF approved the $1.5 billion loan in Jun
Published 09 Dec, 2017 12:00am
EU and Japan say they have finalised free trade deal

EU and Japan say they have finalised free trade deal

The EU and Japan announced on Friday they have finalised terms for a giant free trade deal, presenting it as a challenge to the protectionism championed by US President Donald Trump. The trade deal, which the European Union called its biggest ever, must s
Published 09 Dec, 2017 12:00am
Venezuela inflation reaches quadruple digits
Currency

Venezuela inflation reaches quadruple digits

Crisis-stricken Venezuela's inflation rate reached quadruple digits for the first time, according to figures released by the opposition-led Congress, which show consumer prices rising by 1,369 percent between January and November. The legislature, which t
Published 09 Dec, 2017 12:00am
Germany's BASF agrees oil merger with Russian tycoon's firm
Exchange

Germany's BASF agrees oil merger with Russian tycoon's firm

German chemicals giant BASF has agreed to merge its Wintershall oil and gas unit with the DEA energy firm owned by Russia's billionaire entrepreneur Mikhail Fridman. The multi-billion-euro deal will create "one of the largest independent European explorat
Published 09 Dec, 2017 12:00am
Spotify and Tencent announce cross-shareholding deal

Spotify and Tencent announce cross-shareholding deal

The world's biggest music streaming platform Spotify of Sweden and China's Tencent said on Friday they had agreed to take minority stakes in each other. With the deal both companies would seek to "explore collaboration opportunities", they said in a joint
Published 09 Dec, 2017 12:00am
Strong US job growth in November bolsters economy's outlook

Strong US job growth in November bolsters economy's outlook

US job growth increased at a strong clip in November, painting a portrait of a healthy economy that analysts say does not require the kind of fiscal stimulus that President Donald Trump is proposing, even though wage gains remain moderate. Nonfarm payroll
Published 09 Dec, 2017 12:00am
UK industry surges, construction and trade muddy outlook

UK industry surges, construction and trade muddy outlook

British industry expanded in October at its fastest annual pace in almost a year, although a downturn in construction and a mixed trade performance left analysts split about the outlook for the economy in 2018. Britain's economy has lost momentum this yea
Published 09 Dec, 2017 12:00am
China exports surge in November as trade tensions flare

China exports surge in November as trade tensions flare

China's exports surged more than twice the expected pace in November, official data showed on Friday, as tensions with its largest trading partners flare. The healthy trade data is welcome news for the world's number-two economy as Beijing looks to tackle
Published 09 Dec, 2017 12:00am
US FOB Gulf soya bids weaker as demand lags

US FOB Gulf soya bids weaker as demand lags

Basis bids for soyabeans shipped by barge to the US Gulf Coast were steady to lower on Wednesday, pressured by lackluster export demand and better supplies after a round of farmer sales, traders said. Corn barge bids were flat to slightly higher while bid
Published 09 Dec, 2017 12:00am
Subdued business seen on import of Indian cotton
Cotton

Subdued business seen on import of Indian cotton

Subdued business was witnessed on the cotton market on Friday as some leading buyers relaxed on issuance of import permit to Indian cotton, dealers said. The official spot rate was unchanged at Rs 6,600, they said. In ready session, over 6,000 bales of co
Published 09 Dec, 2017 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 180,003 tonnes of cargo comprising 145,156 tonnes of import cargo and 34,847 tonnes of export cargo including 7,309 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 145
Published 09 Dec, 2017 12:00am
US natural gas futures mostly steady

US natural gas futures mostly steady

US natural gas futures held mostly steady on Wednesday as record production offset expectations that colder-than-normal weather will continue through the third week of December. Front-month gas futures rose 0.8 cents, or 0.3 percent, to settle at $2.922 p
Published 09 Dec, 2017 12:00am
European wheat prices fall on bearish export outlook

European wheat prices fall on bearish export outlook

European wheat prices fell on Wednesday, weakened by a fall in Chicago as a larger-than-expected crop in Canada and hefty supplies from the Black Sea region dimmed the outlook for exports. "The euro remains stubbornly strong and the outlook for new export
Published 09 Dec, 2017 12:00am
US Plains HRW wheat bids flat

US Plains HRW wheat bids flat

Hard red winter (HRW) wheat spot basis bids in the southern US Plains on Wednesday were flat as farmers tracked a second straight day of futures losses, dealers said. At 12:11 pm CST (1811 GMT) Chicago Board of Trade (CBOT) K.C. December HRW wheat was dow
Published 09 Dec, 2017 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,031. The traded value of Metals, Energy and COTS/FX was recorded at PKR 4.773 billion and the number of lots traded was 9,021.
Published 09 Dec, 2017 12:00am
KARACHI CHRONICLE: Financial capital of Pakistan is a mega dustbin

KARACHI CHRONICLE: Financial capital of Pakistan is a mega dustbin

A couple took their little boy to play in the sand at the sea-wall beach. It took them half an hour to find a clean spot, free of refuse, polythene bags, empty chip packets and discarded foodstuff. Hardly had the child dug five inches of sand to make a ca
Published 09 Dec, 2017 12:00am
Behind the drama of the world's first heart transplant

Behind the drama of the world's first heart transplant

It was an operation that earned him acclaim, but the world's first heart transplant also provoked hate mail and outspoken criticism of South African surgeon Christiaan Barnard, 50 years ago.
Published 09 Dec, 2017 12:00am
The world's first organ transplants

The world's first organ transplants

Fifty years after the first heart transplant in South Africa, here is look back over the history of human organ transplants. The discovery of the immunosuppressive effects of cyclosporine, derived from a microscopic fungus, gave new impetus to transplants
Published 09 Dec, 2017 12:00am
ART FACTS: Looking precious

ART FACTS: Looking precious

Miniature paintings depicting luxurious lifestyles hidden behind a deceptively pleasant and impressive appearance thus disguising the real person behind glossed dressing by Heraa Khan in an exhibition titled "All that glisters is not gold" at Chawkandi Ar
Published 09 Dec, 2017 12:00am
Expressing surprise

Expressing surprise

Artists Fatima Shakil's paintings and Sahar Musharraf's terracotta sculptures revealed feelings and emotions about their surroundings in a two person show titled "The Wow Factor" at Artchowk Gallery, Karachi. Together the artworks suppose to express surpr
Published 09 Dec, 2017 12:00am
Online exhibit shows hidden depths of Picasso's 'Guernica'

Online exhibit shows hidden depths of Picasso's 'Guernica'

Spray-painted in murals, wielded on anti-war banners, and even once hung as a tapestry at the United Nations, Pablo Picasso's "Guernica" might be the world's most famous political artwork. Now organisers of a new initiative are inviting art lovers to revi
Published 09 Dec, 2017 12:00am
Health benefits of fish

Health benefits of fish

An adequate, well balanced diet combined with regular physical activity is a cornerstone of good health. Poor nutrition can lead to reduced immunity, increased vulnerability to disease, and defective mental development. A healthy diet is rich in foods wit
Published 09 Dec, 2017 12:00am
Crunching peanuts in winter
Exchange

Crunching peanuts in winter

Dry fruits are eaten in all seasons for their taste and rare qualities, but their demand especially in winter, despite their soaring prices, jump up. Sacks and packs of the dry fruits are eaten by the people to remain invigorated. They also garnish sweets
Published 09 Dec, 2017 12:00am
Wounds sustained at night heal twice as slowly, scientists find

Wounds sustained at night heal twice as slowly, scientists find

Body clocks cause wounds such as cuts and burns sustained during the day to heal around 60 percent faster than those sustained at night, scientists have discovered in a finding that has implications for surgery and wound-healing medicines.
Published 09 Dec, 2017 12:00am
Family, legacy celebrated in animated Mexican tale 'Coco'

Family, legacy celebrated in animated Mexican tale 'Coco'

Who lives, who dies, who tells your story? In "Coco," Disney-Pixar's colourful animated adventure into the land of the dead, a story of family, memory and legacy is hoping to not only celebrate Mexican culture but to bridge the political gap between the U
Published 09 Dec, 2017 12:00am
Leia leads resistance in Carrie Fisher's final 'Star Wars' film

Leia leads resistance in Carrie Fisher's final 'Star Wars' film

Carrie Fisher's final performance as the beloved Leia in "Star Wars" puts the character on the front lines in a dark new chapter that reaches theaters this month, leaving a galactic hole to fill after the sudden death of the actress a year ago. Fisher had
Published 09 Dec, 2017 12:00am
'Star Wars' sisters hail girl-powered galaxy

'Star Wars' sisters hail girl-powered galaxy

Carrie Fisher's death caused a huge disturbance in the Force, but the women of "The Last Jedi" vowed Sunday to honor her legacy in the latest girl-powered "Star Wars" chapter. The cast came together in a secret location in Los Angeles with director Rian J
Published 09 Dec, 2017 12:00am
Hugh Jackman on 'Logan': 'It's time to leave the party'

Hugh Jackman on 'Logan': 'It's time to leave the party'

"I know Aussies are not known for leaving the party at the right time but (after) 17 years, it's time to leave the party," Hugh Jackman quipped as he discussed his last time playing X-Men superhero Wolverine in this year's gritty action hit "Logan."
Published 09 Dec, 2017 12:00am
BRIDGE NOTES: The coup de grace in Bridge

BRIDGE NOTES: The coup de grace in Bridge

The dummy play in Bridge has produced some dazzling performances by Bridge experts who make it look so easy where ordinary mortals keep holding their heads in huddle as to how best they can meet the challenge ahead.
Published 09 Dec, 2017 12:00am
'Spiderman' nearly squashed at birth, says creator Lee

'Spiderman' nearly squashed at birth, says creator Lee

One of the most successful comic book characters in history, Spiderman, nearly didn't get off the ground, 94-year-old creator Stan Lee admitted last Thursday. Lee told reporters in Tokyo he came up with the idea while watching a fly climb a wall and wante
Published 09 Dec, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 09 Dec, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 09 Dec, 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 09 Dec, 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 09 Dec, 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 (December 08, 2017).

Published 09 Dec, 2017 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (December 08, 2017).
Published 09 Dec, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (December 08, 2017).

Published 09 Dec, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (December 08, 2017).

Published 09 Dec, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (December 08, 2017).

Published 09 Dec, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (December 08, 2017).

Published 09 Dec, 2017 12:00am
ECC decides to add fuel marker to SKO

ECC decides to add fuel marker to SKO

The Economic Coordination Committee (ECC) of the Cabinet headed by Prime Minister Shahid Khaqan Abbasi has decided to add fuel marker in superior kerosene oil (SKO) to counter adulteration and discourage tax evasion, official sources told Business Reco
Published 09 Dec, 2017 12:00am
ECC decides to add fuel marker to SKO

ECC decides to add fuel marker to SKO

The Economic Coordination Committee (ECC) of the Cabinet headed by Prime Minister Shahid Khaqan Abbasi has decided to add fuel marker in superior kerosene oil (SKO) to counter adulteration and discourage tax evasion, official sources told Business Reco
Published 09 Dec, 2017 12:00am
ECC decides to add fuel marker to SKO

ECC decides to add fuel marker to SKO

The Economic Coordination Committee (ECC) of the Cabinet headed by Prime Minister Shahid Khaqan Abbasi has decided to add fuel marker in superior kerosene oil (SKO) to counter adulteration and discourage tax evasion, official sources told Business Reco
Published 09 Dec, 2017 12:00am
Britain, EU in historic deal to open Brexit trade talks

Britain, EU in historic deal to open Brexit trade talks

Britain and the European Union reached a historic deal on Brexit divorce terms on Friday, but Brussels swiftly warned that even harder talks lie ahead on a future relationship after the split. British Prime Minister Theresa May rushed to Brussels for earl
Published 09 Dec, 2017 12:00am
Britain, EU in historic deal to open Brexit trade talks

Britain, EU in historic deal to open Brexit trade talks

Britain and the European Union reached a historic deal on Brexit divorce terms on Friday, but Brussels swiftly warned that even harder talks lie ahead on a future relationship after the split. British Prime Minister Theresa May rushed to Brussels for earl
Published 09 Dec, 2017 12:00am
Britain, EU in historic deal to open Brexit trade talks

Britain, EU in historic deal to open Brexit trade talks

Britain and the European Union reached a historic deal on Brexit divorce terms on Friday, but Brussels swiftly warned that even harder talks lie ahead on a future relationship after the split. British Prime Minister Theresa May rushed to Brussels for earl
Published 09 Dec, 2017 12:00am
China warns of imminent attacks by terrorists

China warns of imminent attacks by terrorists

China on Friday warned its nationals in Pakistan of plans for a series of imminent "terrorist attacks" on Chinese targets there, an unusual alert as it pours funds into infrastructure projects into a country plagued by militancy. Thousands of Chinese work
Published 09 Dec, 2017 12:00am
China warns of imminent attacks by terrorists

China warns of imminent attacks by terrorists

China on Friday warned its nationals in Pakistan of plans for a series of imminent "terrorist attacks" on Chinese targets there, an unusual alert as it pours funds into infrastructure projects into a country plagued by militancy. Thousands of Chinese work
Published 09 Dec, 2017 12:00am
BRIndex100 recoups losses
Currency

BRIndex100 recoups losses

Pakistan Stock Exchange Friday witnessed slight recovery due to fresh buying on available attractive low levels. BRIndex100 gained 32.56 points or 0.79 percent to close at 4,135.23 points. BRIndex100 touched intraday high of 4,179.82 and intraday Low of 4
Published 09 Dec, 2017 12:00am
BRIndex100 recoups losses
Currency

BRIndex100 recoups losses

Pakistan Stock Exchange Friday witnessed slight recovery due to fresh buying on available attractive low levels. BRIndex100 gained 32.56 points or 0.79 percent to close at 4,135.23 points. BRIndex100 touched intraday high of 4,179.82 and intraday Low of 4
Published 09 Dec, 2017 12:00am
BRIndex100 recoups losses
Currency

BRIndex100 recoups losses

Pakistan Stock Exchange Friday witnessed slight recovery due to fresh buying on available attractive low levels. BRIndex100 gained 32.56 points or 0.79 percent to close at 4,135.23 points. BRIndex100 touched intraday high of 4,179.82 and intraday Low of 4
Published 09 Dec, 2017 12:00am
Modi described as 'neech' in his own India

Modi described as 'neech' in his own India

India's opposition Congress was under fire Friday after a senior figure used a Hindi slur to describe Prime Minister Narendra Modi, forcing it into damage control mode ahead of a key state election. Party veteran Mani Shankar Aiyar used the word "neech" w
Published 09 Dec, 2017 12:00am
Modi described as 'neech' in his own India

Modi described as 'neech' in his own India

India's opposition Congress was under fire Friday after a senior figure used a Hindi slur to describe Prime Minister Narendra Modi, forcing it into damage control mode ahead of a key state election. Party veteran Mani Shankar Aiyar used the word "neech" w
Published 09 Dec, 2017 12:00am
Wife, mother, HC official granted permission to meet Jadhav
Exchange

Wife, mother, HC official granted permission to meet Jadhav

Pakistan has finally decided to grant permission to the wife and the mother of Kulbhushan Jadhav - a convicted Indian spy on death row - to meet with him on December 25 along with an Indian diplomat from its High Commission. "Pakistan has informed India t
Published 09 Dec, 2017 12:00am
Wife, mother, HC official granted permission to meet Jadhav
Exchange

Wife, mother, HC official granted permission to meet Jadhav

Pakistan has finally decided to grant permission to the wife and the mother of Kulbhushan Jadhav - a convicted Indian spy on death row - to meet with him on December 25 along with an Indian diplomat from its High Commission. "Pakistan has informed India t
Published 09 Dec, 2017 12:00am
SC puts derailed train project back on tracks

SC puts derailed train project back on tracks

Vacating stay order against $1.6 billion Orange Line Metro Train (OLMT) project on Friday, the Supreme Court asked Punjab government to observe a number of conditions while completing the 27-kilometer project in Lahore. A five-member larger bench led by J
Published 09 Dec, 2017 12:00am
SC puts derailed train project back on tracks

SC puts derailed train project back on tracks

Vacating stay order against $1.6 billion Orange Line Metro Train (OLMT) project on Friday, the Supreme Court asked Punjab government to observe a number of conditions while completing the 27-kilometer project in Lahore. A five-member larger bench led by J
Published 09 Dec, 2017 12:00am
SC puts derailed train project back on tracks

SC puts derailed train project back on tracks

Vacating stay order against $1.6 billion Orange Line Metro Train (OLMT) project on Friday, the Supreme Court asked Punjab government to observe a number of conditions while completing the 27-kilometer project in Lahore. A five-member larger bench led by J
Published 09 Dec, 2017 12:00am
SC puts derailed train project back on tracks

SC puts derailed train project back on tracks

Vacating stay order against $1.6 billion Orange Line Metro Train (OLMT) project on Friday, the Supreme Court asked Punjab government to observe a number of conditions while completing the 27-kilometer project in Lahore. A five-member larger bench led by J
Published 09 Dec, 2017 12:00am
CoAS visits School of Infantry, Tactics in Quetta

CoAS visits School of Infantry, Tactics in Quetta

Chief of Army Staff (CoAS) General Qamar Javed Bajwa on Friday visited School of Infantry and Tactics, Quetta. The CoAS was briefed about training at the institution. The Army Chief also took a round of the training facilities and met the officers and sol
Published 09 Dec, 2017 12:00am
Palestinian dead in 'day of rage' as US isolated at UN

Palestinian dead in 'day of rage' as US isolated at UN

Clashes between Palestinians and Israeli security forces Friday left one person dead after calls for a "day of rage", as Washington stood isolated at a UN Security Council debate on US President Donald Trump's decision to recognise Jerusalem as Israel's c
Published 09 Dec, 2017 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 09 Dec, 2017 12:00am
Palestinian dead in 'day of rage' as US isolated at UN

Palestinian dead in 'day of rage' as US isolated at UN

Clashes between Palestinians and Israeli security forces Friday left one person dead after calls for a "day of rage", as Washington stood isolated at a UN Security Council debate on US President Donald Trump's decision to recognise Jerusalem as Israel's c
Published 09 Dec, 2017 12:00am
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