BR100 Increased By (1.77%)
BR30 Increased By (1.96%)
KSE100 Increased By (1.59%)
KSE30 Increased By (1.65%)
BECO 5.62 Increased By ▲ 0.04 (0.72%)
BML 59.51 Decreased By ▼ -1.71 (-2.79%)
BOP 34.61 Increased By ▲ 0.93 (2.76%)
CNERGY 8.08 No Change ▼ 0.00 (0%)
DCL 12.05 Increased By ▲ 0.41 (3.52%)
FCCL 54.40 Increased By ▲ 2.26 (4.33%)
FCSC 5.52 Decreased By ▼ -0.11 (-1.95%)
FFL 18.05 Increased By ▲ 0.04 (0.22%)
FNEL 1.33 Decreased By ▼ -0.02 (-1.48%)
HUMNL 11.07 Increased By ▲ 0.03 (0.27%)
KEL 8.05 Increased By ▲ 0.21 (2.68%)
KOSM 5.88 Increased By ▲ 0.15 (2.62%)
MLCF 90.52 Increased By ▲ 4.01 (4.64%)
NBP 190.17 Increased By ▲ 5.87 (3.19%)
PACE 11.53 Decreased By ▼ -0.12 (-1.03%)
PAEL 41.07 Increased By ▲ 1.11 (2.78%)
PIAHCLA 25.84 Increased By ▲ 0.17 (0.66%)
PIBTL 17.51 Increased By ▲ 0.24 (1.39%)
PPL 225.84 Increased By ▲ 3.17 (1.42%)
PRL 34.63 Increased By ▲ 0.17 (0.49%)
PTC 64.62 Increased By ▲ 0.88 (1.38%)
SEARL 91.38 Increased By ▲ 0.92 (1.02%)
SSGC 26.97 Increased By ▲ 0.30 (1.12%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 69.16 Increased By ▲ 0.69 (1.01%)
TPLP 10.90 Decreased By ▼ -0.30 (-2.68%)
TREET 24.64 Decreased By ▼ -0.06 (-0.24%)
TRG 69.78 Decreased By ▼ -0.81 (-1.15%)
WAVES 11.16 Increased By ▲ 0.05 (0.45%)
WTL 1.27 No Change ▼ 0.00 (0%)
اردو
Android App
Print Edition Dollar to PKR
Budget 2026-27 Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices
Archive - 2017-12-10
Under-fire WTO meets in Buenos Aires

Under-fire WTO meets in Buenos Aires

Under fire from the United States, wracked by disagreements over China and unable to kickstart stalled trade talks, the World Trade Organization meets under a cloud in Argentina from Sunday. The Buenos Aires meeting will be the first in the era of US Pres
Published 10 Dec, 2017 12:00am
Under-fire WTO meets in Buenos Aires

Under-fire WTO meets in Buenos Aires

Under fire from the United States, wracked by disagreements over China and unable to kickstart stalled trade talks, the World Trade Organization meets under a cloud in Argentina from Sunday. The Buenos Aires meeting will be the first in the era of US Pres
Published 10 Dec, 2017 12:00am
Under-fire WTO meets in Buenos Aires

Under-fire WTO meets in Buenos Aires

Under fire from the United States, wracked by disagreements over China and unable to kickstart stalled trade talks, the World Trade Organization meets under a cloud in Argentina from Sunday. The Buenos Aires meeting will be the first in the era of US Pres
Published 10 Dec, 2017 12:00am
Twin deficits: government trying to ease IMF concerns
Exchange

Twin deficits: government trying to ease IMF concerns

Pakistan has been making efforts to ease the concerns of the International Monetary Fund (IMF) about twin deficits (current and fiscal) with contention that measures are being taken to control them. Sources said that "we have conveyed to them that there a
Published 10 Dec, 2017 12:00am
Twin deficits: government trying to ease IMF concerns
Exchange

Twin deficits: government trying to ease IMF concerns

Pakistan has been making efforts to ease the concerns of the International Monetary Fund (IMF) about twin deficits (current and fiscal) with contention that measures are being taken to control them. Sources said that "we have conveyed to them that there a
Published 10 Dec, 2017 12:00am
Twin deficits: government trying to ease IMF concerns
Exchange

Twin deficits: government trying to ease IMF concerns

Pakistan has been making efforts to ease the concerns of the International Monetary Fund (IMF) about twin deficits (current and fiscal) with contention that measures are being taken to control them. Sources said that "we have conveyed to them that there a
Published 10 Dec, 2017 12:00am
Rs 298.25 billion released under PSDP

Rs 298.25 billion released under PSDP

The government has released Rs 298.25 billion (29.8 percent) including Rs 62.1 billion foreign aid for different development projects under Public Sector Development Programme (PSDP) 2017-18 against total budgeted allocation of Rs 1,001 billion. According
Published 10 Dec, 2017 12:00am
Rs 298.25 billion released under PSDP

Rs 298.25 billion released under PSDP

The government has released Rs 298.25 billion (29.8 percent) including Rs 62.1 billion foreign aid for different development projects under Public Sector Development Programme (PSDP) 2017-18 against total budgeted allocation of Rs 1,001 billion. According
Published 10 Dec, 2017 12:00am
Rs 298.25 billion released under PSDP

Rs 298.25 billion released under PSDP

The government has released Rs 298.25 billion (29.8 percent) including Rs 62.1 billion foreign aid for different development projects under Public Sector Development Programme (PSDP) 2017-18 against total budgeted allocation of Rs 1,001 billion. According
Published 10 Dec, 2017 12:00am
Iraqi PM declares 'end of war against IS'

Iraqi PM declares 'end of war against IS'

Prime Minister Haider al-Abadi on Saturday declared victory in a three-year war by Iraqi forces to expel the Islamic State jihadist group that at its height endangered Iraq's very existence. "Our forces are in complete control of the Iraqi-Syrian border a
Published 10 Dec, 2017 12:00am
Iraqi PM declares 'end of war against IS'

Iraqi PM declares 'end of war against IS'

Prime Minister Haider al-Abadi on Saturday declared victory in a three-year war by Iraqi forces to expel the Islamic State jihadist group that at its height endangered Iraq's very existence. "Our forces are in complete control of the Iraqi-Syrian border a
Published 10 Dec, 2017 12:00am
CPEC business opportunities moot to be held on December 12

CPEC business opportunities moot to be held on December 12

The CPEC Business Opportunities Conference is being organized by the Sindh Board of Investment and Sindh Engro Coal Mining Company on December 12, 2017 at local hotel in Karachi. The event is being organized in association with the Ministry of Planning, D
Published 10 Dec, 2017 12:00am
CPEC business opportunities moot to be held on December 12

CPEC business opportunities moot to be held on December 12

The CPEC Business Opportunities Conference is being organized by the Sindh Board of Investment and Sindh Engro Coal Mining Company on December 12, 2017 at local hotel in Karachi. The event is being organized in association with the Ministry of Planning, D
Published 10 Dec, 2017 12:00am
CPEC business opportunities moot to be held on December 12

CPEC business opportunities moot to be held on December 12

The CPEC Business Opportunities Conference is being organized by the Sindh Board of Investment and Sindh Engro Coal Mining Company on December 12, 2017 at local hotel in Karachi. The event is being organized in association with the Ministry of Planning, D
Published 10 Dec, 2017 12:00am
Palestinian president to shun Pence over Jerusalem move

Palestinian president to shun Pence over Jerusalem move

Palestinian president Mahmud Abbas will refuse to meet US Vice President Mike Pence later this month following Washington's controversial policy shift on Jerusalem, an Abbas aide said on Saturday, as protests gripped the Palestinian territories for a thir
Published 10 Dec, 2017 12:00am
Palestinian president to shun Pence over Jerusalem move

Palestinian president to shun Pence over Jerusalem move

Palestinian president Mahmud Abbas will refuse to meet US Vice President Mike Pence later this month following Washington's controversial policy shift on Jerusalem, an Abbas aide said on Saturday, as protests gripped the Palestinian territories for a thir
Published 10 Dec, 2017 12:00am
Modi faces test in home state
Currency

Modi faces test in home state

Indian Prime Minister Narendra Modi's home state of Gujarat went to the polls on Saturday, in a key electoral test of his popularity after a series of controversial economic reforms. Voters, with their election cards in hand, started lining up at polling
Published 10 Dec, 2017 12:00am
Modi faces test in home state
Currency

Modi faces test in home state

Indian Prime Minister Narendra Modi's home state of Gujarat went to the polls on Saturday, in a key electoral test of his popularity after a series of controversial economic reforms. Voters, with their election cards in hand, started lining up at polling
Published 10 Dec, 2017 12:00am
Sri Lanka hands over port to Chinese owner

Sri Lanka hands over port to Chinese owner

Sri Lanka Saturday handed over a deep-sea port to a Chinese firm, in a deal agreed to boost the cash-strapped island's finances that has raised concerns at home and abroad over Beijing's growing influence. The $1.12 billion deal first announced in July le
Published 10 Dec, 2017 12:00am
Sri Lanka hands over port to Chinese owner

Sri Lanka hands over port to Chinese owner

Sri Lanka Saturday handed over a deep-sea port to a Chinese firm, in a deal agreed to boost the cash-strapped island's finances that has raised concerns at home and abroad over Beijing's growing influence. The $1.12 billion deal first announced in July le
Published 10 Dec, 2017 12:00am
Sri Lanka hands over port to Chinese owner

Sri Lanka hands over port to Chinese owner

Sri Lanka Saturday handed over a deep-sea port to a Chinese firm, in a deal agreed to boost the cash-strapped island''s finances that has raised concerns at home and abroad over Beijing''s growing influence. The $1.12 billion deal first announced in July
Published 10 Dec, 2017 12:00am
Kuwaitis hold rare protest

Kuwaitis hold rare protest

Dozens of people took part in an authorised but rare protest Saturday in Kuwait City to denounce US President Donald Trump's decision to recognise Jerusalem as the capital of Israel.
Published 10 Dec, 2017 12:00am
Kuwaitis hold rare protest

Kuwaitis hold rare protest

Dozens of people took part in an authorised but rare protest Saturday in Kuwait City to denounce US President Donald Trump's decision to recognise Jerusalem as the capital of Israel.
Published 10 Dec, 2017 12:00am
A tale of two ports

A tale of two ports

The presence of Pakistan's minister of ports and shipping Mir Hasil Bizenjo at the inauguration of the long-awaited $1 billion project to expand Chabahar port (including the $235 million from India) clearly explains Iran's strategy through which it seeks
Published 10 Dec, 2017 12:00am
Saleh's assassination adds to Yemen conundrum

Saleh's assassination adds to Yemen conundrum

Yemen's former President Ali Abdullah Saleh was killed in a rocket-propelled grenade and gun attack on his car at a checkpoint outside the capital Sanaa. The Houthis killed him for "treason" after he cut ties with the rebels in favour of the Saudi-led mil
Published 10 Dec, 2017 12:00am
The many shades of grey

The many shades of grey

A situation, where an individual has competing interests or loyalties, is normally referred to as prone to 'conflict of interest". Different circumstances can create situations of conflict of interest. An officeholder, either in public sector, or the priv
Published 10 Dec, 2017 12:00am
Reducing net carbon footprint

Reducing net carbon footprint

The world has a puzzle to solve, a jigsaw with a spectacular number of pieces to place. If it can succeed, it will win a priceless prize: it will achieve the goal of the Paris Agreement, to limit global warming to under 2C. It is the puzzle of the energy
Published 10 Dec, 2017 12:00am
Big Media scrambles to meet challenge from Big Tech

Big Media scrambles to meet challenge from Big Tech

America's media giants have seen this movie before: Big Tech enters an industry with piles of cash and new ways of doing business, devastating the competition. That's why Big Media are scrambling for partnerships and tie-ups to bolster their content arsen
Published 10 Dec, 2017 12:00am
The pot calling the kettle black?

The pot calling the kettle black?

Pakistan People's Party (PPP) co-chairman Asif Ali Zardari has made it clear that his party will not make efforts in future to save the ruling Pakistan Muslim League-Nawaz (PML-N). "We have saved their government twice, we will not save them again," he ha
Published 10 Dec, 2017 12:00am
Over 300 miscreants surrender arms in Quetta

Over 300 miscreants surrender arms in Quetta

More than 300 members of different banned outfits, including 17 commanders, surrendered their arms during an event at Balochistan Assembly Saturday morning. The event was attended by Chief Minister Balochistan Sanaullah Zehri, Commander Southern Command L
Published 10 Dec, 2017 12:00am
Mehfil-e-Milad held at Pak embassy in US

Mehfil-e-Milad held at Pak embassy in US

The Embassy of Pakistan, Washington DC organized a Mehfil-e-Milad on Friday evening to celebrate the birth of the Holy Prophet (Peace Be Upon Him). Speaking on the occasion, Mrs Najia Aizaz Ahmad, spouse of Ambassador Aizaz Ahmad Chaudhry, welcomed the gu
Published 10 Dec, 2017 12:00am
Space for freedom of expression eroding fast: HRCP

Space for freedom of expression eroding fast: HRCP

The Human Rights Commission of Pakistan (HRCP) is perturbed by the rapidly eroding space for freedom of expression in the country. The right to know, dissent and free expression of ideas is essential to any democratic setup. Without the free flow of infor
Published 10 Dec, 2017 12:00am
Sincere efforts under way to tackle unemployment: Khattak

Sincere efforts under way to tackle unemployment: Khattak

Chief Minister of Khyber Pakhtunkhawa, Pervez Khattak has said that the provincial government is working sincerely for the eradication of unemployment, saying when they assume power industrial activities were halted due to lawlessness. Addressing a public
Published 10 Dec, 2017 12:00am
Sixth International Hindko Conference kicks off

Sixth International Hindko Conference kicks off

The 6th International Hindko Conference, arranged jointly by the Gandhara Hindko Board (GHB) and Gandhara Hindko Academy (GHA), was kicked off. The moot is themed "Attaining national unity through promotion of Indo-Aryan and other Pakistani languages". De
Published 10 Dec, 2017 12:00am
Roberries, snatching on the rise in Islamabad

Roberries, snatching on the rise in Islamabad

The incidents of robberies and snatching at gunpoint registered an upward trend during the last week as various police stations of the city registered over seven cases wherein citizens were deprived of cash and valuables worth millions of rupees. Accordin
Published 10 Dec, 2017 12:00am
Jamaat insists government to come clean on Fata reforms implementation

Jamaat insists government to come clean on Fata reforms implementation

Jamaat-e-Islami (JI) has expressed dissatisfaction over the federal government's decision to abolish the Frontier Crime Regulations from Federally Administered Tribal Areas and it demanded of the government to make announcement about implementation of Fat
Published 10 Dec, 2017 12:00am
Sultan Azam Temuri assumes charge as IGP Islamabad

Sultan Azam Temuri assumes charge as IGP Islamabad

Dr Sultan Azam Temuri, a grade BS-20 officer of Police Service of Pakistan, on Saturday assumed charge as new Inspector General of Police (IGP) Islamabad, replacing former IGP Muhammad Khalid Khattak. Temuri was appointed as IGP a few days ago and he serv
Published 10 Dec, 2017 12:00am
NH&MP recovers hashish, heroin

NH&MP recovers hashish, heroin

The National Highways and Motorways Police (NH&MP) Saturday claimed to have recovered 2 kg of hashish and 500mg of heroin from a car. The motorways police said that when the police signaled the car, coming from the wrong side of the road, to stop, it sped
Published 10 Dec, 2017 12:00am
Number of tobacco consumers exceeds 25 million

Number of tobacco consumers exceeds 25 million

There are over 25 million tobacco consumers in Pakistan including 10 million cigarette smokers, resulting in deaths of above 100,000 people every year due to tobacco consumption. This was revealed by Secretary Ministry of National Health Services, Regulat
Published 10 Dec, 2017 12:00am
Peshawar attack: Sherpao demands judicial inquiry

Peshawar attack: Sherpao demands judicial inquiry

Criticising the government for poor law and order situation, Qaumi Watan Party's Chairman Aftab Ahmed Khan Sherpao has demanded the judicial inquiry into the agriculture training institute attack in Peshawar and the investigation and the report it should
Published 10 Dec, 2017 12:00am
PNS SAIF participates in Pak-China naval exercise at Shanghai
Exchange

PNS SAIF participates in Pak-China naval exercise at Shanghai

Pakistan Navy Ship SAIF (FFG-253) participated in 5th PN-PLA(N) Bilateral Exercise held at Shanghai, China . Upon arrival, the ship was received at sea by Chinese Navy (PLA (N)) Frigate JINGZHOU off port Wusong, Shanghai. An impressive welcoming ceremony
Published 10 Dec, 2017 12:00am
Two suspects involved in kidnapping gunned down

Two suspects involved in kidnapping gunned down

Two suspects involved in kidnapping a five-year-old from Karachi's Defence Housing Authority were shot dead early Saturday morning, according to the police. The suspects, identified as Zaheer Mirza and Zaki, were gunned down near Kamran Chowrangi in Gulis
Published 10 Dec, 2017 12:00am
Government urged to ensure transparency in mega projects: PBIF chief

Government urged to ensure transparency in mega projects: PBIF chief

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said that government should ensure transparency in mega projects and ensure fair and equitable treatment to local and foreign investors. Unbiased and even-handed treatme
Published 10 Dec, 2017 12:00am
IVS awards Bachelors' degrees to 100 candidates at 24th Convocation

IVS awards Bachelors' degrees to 100 candidates at 24th Convocation

Indus Valley School of Art and Architecture (IVS) has awarded Bachelors' degrees to 100 passing out candidates during its 24th Convocation held at its campus in Clifton, Karachi. The welcome address and the annual report were presented by IVS Executive Di
Published 10 Dec, 2017 12:00am
MQM-L activists barred from paying a homage to Yadgar-e-Shuhada

MQM-L activists barred from paying a homage to Yadgar-e-Shuhada

Law Enforcement Agencies (LEAs) on Saturday disallowed Muttahida Qaumi Movement-London (MQM-L) activists from visiting Yadgar-e-Shuhada in Karachi. The party has annually observed December 9 as Martyrs' Day. Party supremo Altaf Hussain's brother Nasir Hus
Published 10 Dec, 2017 12:00am
JI to take out Million March on December 17

JI to take out Million March on December 17

Jamaat-e-Islami (JI) Pakistan Chief Senator Sirajul Haq on Saturday announced to take out a Million March on December 17, in Karachi against the United States move to recognize Jerusalem as Israel's capital.
Published 10 Dec, 2017 12:00am
Three survey teams set up

Three survey teams set up

Three survey teams reconstituted by the Wildlife & Parks Department Punjab left here for the Southern Punjab on Saturday for carrying out survey of houbara bustard's population in Rahim Yar Khan, Rajanpur and Bhakkar Districts. These six-member committees
Published 10 Dec, 2017 12:00am
'Climate change respects no boundaries'

'Climate change respects no boundaries'

Centre for Coastal and Deltaic Studies, University of Sindh Campus Thatta organized one-day seminar lecture program on "Climate Change and Coastal Issues in Sindh: Civil Society, Media Perspective and Inclusion", in collaboration with Federation Handicap
Published 10 Dec, 2017 12:00am
OLMT project's estimated cost soars to over Rs 240 billion

OLMT project's estimated cost soars to over Rs 240 billion

The estimated cost of the Lahore Orange Line Metro Train Project has soared to over Rs 240 billion from earlier estimated cost of Rs 165 billion after suspension of work on different sites of the project for 22 months following litigation in courts, Bu
Published 10 Dec, 2017 12:00am
International Journalism Conference 2017 kicks off

International Journalism Conference 2017 kicks off

International Journalism Conference 2017 kicked off Saturday at a local hotel. The conference has been organized jointly by the Information Department Punjab, Foundation for Promotion of Academic collaboration (FPAC) and German Press Foundation (DPV). Spo
Published 10 Dec, 2017 12:00am
LCCI seeks maximum incentives for overseas Pakistanis

LCCI seeks maximum incentives for overseas Pakistanis

The Lahore Chamber of Commerce & Industry (LCCI) has urged the government to give maximum incentives to the overseas Pakistanis as they are playing lead role in the country's economic uplift through their remittances. The LCCI President Malik Tahir Javaid
Published 10 Dec, 2017 12:00am
LUMS wins National Medal of Innovation

LUMS wins National Medal of Innovation

The Lahore University of Management Sciences (LUMS) has won the National Medal of Innovation in the Most Innovative University category at National Innovation Awards for developing an innovative model for university based incubation exemplified by LUMS Ce
Published 10 Dec, 2017 12:00am
Foreign investors evince interest in furniture expo

Foreign investors evince interest in furniture expo

Over a score of foreign furniture manufacturers and investors have evinced keen interest in a three-day "9th Pakistan Interiors Exhibition 2017", commencing from December 15 at Lahore Expo Centre. Pakistan Furniture Council (PFC) Chief Executive Mian Kash
Published 10 Dec, 2017 12:00am
LESCO announces power suspension

LESCO announces power suspension

The Lahore Electric Supply Company (LESCO) announced electricity suspension from 9 am to 4 pm due to maintenance work on three grid-stations on Saturday. Spokesperson LESCO informed that three grid-stations remained closed, which included Badami Bagh grid
Published 10 Dec, 2017 12:00am
IPPs urge PM to resolve overdue payments issue

IPPs urge PM to resolve overdue payments issue

The Independent Power Producers Advisory Council (IPPAC) has urged the Prime Minister to resolve financial crisis the independent power producers (IPPs) are facing on account of large overdue receivables from NTDC/CPPA. "This is in continuation to our pre
Published 10 Dec, 2017 12:00am
Kamal throws his weight behind Qadri

Kamal throws his weight behind Qadri

Pak Sarzameen Party Chief Mustafa Kamal Saturday threw weight behind Dr Tahirul Qadri, saying his party supports Qadri's demand for resignation Punjab Chief Minister Shehbaz Sharif and Law Minister Rana Sanaullah in the wake of the Model Town judicial rep
Published 10 Dec, 2017 12:00am
PFA seals 13 marriage halls

PFA seals 13 marriage halls

Punjab Food Authority (PFA) during a crackdown on Saturday sealed thirteen wedding halls and catering companies for serving unhealthy food in wedding ceremonies throughout the province. PFA's staff checked more than 375 wedding halls in different areas of
Published 10 Dec, 2017 12:00am
Speakers stress need for resilient foreign policy

Speakers stress need for resilient foreign policy

Pakistan desperately needs a live and resilient foreign policy to ensure its political & economic independence and sovereignty. US's "do more" policy should be dealt with constitutional vision guided by national interest without getting carried away. On t
Published 10 Dec, 2017 12:00am
Delay in cane crushing: farmers to start protest from December 11

Delay in cane crushing: farmers to start protest from December 11

Sugarcane farmers have decided to start protest from Monday (December 11) against delay in cane crushing in Punjab, which is yielding negative impact over the agriculture economy. This was announced by a central leader of the Kissan Board Punjab, Ali Ahma
Published 10 Dec, 2017 12:00am
Government urged to clip FBR's powers
Currency

Government urged to clip FBR's powers

The FPCCI on Saturday asked the centre to clip FBR's powers of deducting from bank accounts of businessmen without a notice, which it equated to 'robbery'. The FPCCI also complained about the FBR's 'bad' and disrespect towards the businessmen community. "
Published 10 Dec, 2017 12:00am
Pesco to privatize over 18 high-losses feeders in four districts

Pesco to privatize over 18 high-losses feeders in four districts

Peshawar Electric Supply Company (Pesco) would soon privatize more than 18 high-losses feeders in four districts of Khyber Pakhtunkhwa as well as in Khyber circle. Speaking a news conference at Wapda house here on Saturday, the company Chief Executive Off
Published 10 Dec, 2017 12:00am
KIBF chairman urges government to reduce tax on paper import

KIBF chairman urges government to reduce tax on paper import

Karachi International Book Fair (KIBF) Chairman Aziz Khalid Saturday said, "It is unfortunate fact that Pakistan has only five paper industries in four provinces which visibly affected printing work and non-provision of local based paper of better quality
Published 10 Dec, 2017 12:00am
Prices of essential kitchen items soar in Islamabad

Prices of essential kitchen items soar in Islamabad

Prices of essential kitchen items went up significantly during this week past against the preceding week, a survey conducted by Business Recorder revealed here on Saturday. The survey observed that prices of most of the vegetables, eggs, chicken an
Published 10 Dec, 2017 12:00am
North Korea blames US for tensions in rare UN talks

North Korea blames US for tensions in rare UN talks

North Korea blamed US "nuclear blackmail" for soaring tensions over its weapons programme following rare meetings with a senior UN official, but agreed to regular communication with the organisation, state media said Saturday. Jeffrey Feltman flew to Beij
Published 10 Dec, 2017 12:00am
Hiroshima survivor accuses West of nuclear disarmament 'sabotage'

Hiroshima survivor accuses West of nuclear disarmament 'sabotage'

A Hiroshima bombing survivor, who is to receive the Nobel Peace Prize on behalf of the International Campaign to Abolish Nuclear Weapons (ICAN), Saturday accused Western nuclear powers of "sabotaging" disarmament efforts. While Sunday's Nobel ceremony in
Published 10 Dec, 2017 12:00am
Trump slams 'vicious' media after erroneous reports on WikiLeaks, Russia

Trump slams 'vicious' media after erroneous reports on WikiLeaks, Russia

Donald Trump on Saturday renewed his onslaught against major US news networks, accusing them of launching a "vicious" assault on his presidency as he seized on a reporting error by CNN. In an early-morning tweet, the US president said "Fake News CNN made
Published 10 Dec, 2017 12:00am
Thousands mourn rock idol Hallyday at Paris memorial

Thousands mourn rock idol Hallyday at Paris memorial

Hundreds of thousands of people paid homage to late French rock and roll giant Johnny Hallyday at a Paris memorial service attended by French stars and politicians. A hearse carrying Hallyday's white coffin, accompanied by 700 Harley Davidson motorcycles,
Published 10 Dec, 2017 12:00am
Four Ukraine soldiers killed in rebel east

Four Ukraine soldiers killed in rebel east

Ukraine on Saturday reported the death of four soldiers in the latest spike of fighting with Russian-backed rebels in the east, in the heaviest daily toll over the past weeks of the simmering conflict. The military said the soldiers died in clashes in the
Published 10 Dec, 2017 12:00am
Cuba authorises sending text messages to US phones

Cuba authorises sending text messages to US phones

Cuban telecommunications monopoly Etecsa Friday authorized Cubans to send text messages to the United States, lifting a restriction which has long frustrated the population. "From December 8, 2017, you will be able to send text messages from any mobile ph
Published 10 Dec, 2017 12:00am
Egypt archaeologists discover mummy in Luxor

Egypt archaeologists discover mummy in Luxor

Egyptian archaeologists have discovered a mummy in one of two previously unexplored tombs across the Nile from the southern city of Luxor, the antiquities ministry said Saturday. The tombs were found in the 1990s by German archaeologist Frederica Kampp, t
Published 10 Dec, 2017 12:00am
US calls on Saudi coalition to open Yemeni ports to aid

US calls on Saudi coalition to open Yemeni ports to aid

The White House for the second time in three days called on the Saudi-led military coalition to allow humanitarian aid to Yemen, in a sign of frustration with a Saudi-led blockade. In a statement on Friday, the White House also condemned the Houthi moveme
Published 10 Dec, 2017 12:00am
Saudi-led strike on Yemen TV station kills four

Saudi-led strike on Yemen TV station kills four

A Saudi-led coalition air strike hit Yemen's rebel-controlled state television station in Sanaa overnight, killing four guards, rebel media and the head guard said on Saturday.
Published 10 Dec, 2017 12:00am
Security Council authorises UN support for G5 Sahel troops

Security Council authorises UN support for G5 Sahel troops

The Security Council on Friday unanimously adopted a resolution authorizing UN peacekeepers in Mali to provide logistical and operational support to the new G5 Sahel anti-jihadist force there. The resolution, drafted by France, was the subject of tough ne
Published 10 Dec, 2017 12:00am
Zuma ex-wife calls for calm in push for ANC top job

Zuma ex-wife calls for calm in push for ANC top job

Nkosazana Dlamini-Zuma, a front-runner for the leadership of South Africa's ruling ANC party, called during a campaign speech in Durban Saturday for a peaceful contest instead of a "fight amongst enemies".
Published 10 Dec, 2017 12:00am
Russia says it is fully committed to nuclear missile pact

Russia says it is fully committed to nuclear missile pact

Russia said on Saturday it was fully committed to a Cold War-era pact with the United States banning intermediate-range cruise missiles, a day after Washington accused Moscow of violating the treaty. The US State Department said on Friday Washington was r
Published 10 Dec, 2017 12:00am
Zimbabwe names diplomat Isaac Moyo as top spy

Zimbabwe names diplomat Isaac Moyo as top spy

Zimbabwe has named a former diplomat as the head of its intelligence agency, state-owned newspaper The Herald said on Saturday. Isaac Moyo, who was serving as an ambassador to neighbouring South Africa and Lesotho, replaces retired army general Happyton B
Published 10 Dec, 2017 12:00am
As winds relent, scorched California hopes for fire relief

As winds relent, scorched California hopes for fire relief

Brutal winds that fueled southern California's firestorm finally began to ease Saturday, giving residents and firefighters hope for respite as the destructive toll of multiple blazes came into focus. After a five-day siege, some Californians were finally
Published 10 Dec, 2017 12:00am
US policeman acquitted of killing unarmed man who begged for his life

US policeman acquitted of killing unarmed man who begged for his life

Officials in the southwestern US state of Arizona released a graphic video Friday showing an unarmed man sobbing and begging for his life moments before he was fatally shot by a police officer who was acquitted of murder. It was the latest in a spate of k
Published 10 Dec, 2017 12:00am
Erdogan steps up attacks on 'state of occupation' Israel

Erdogan steps up attacks on 'state of occupation' Israel

Turkish President Recep Tayyip Erdogan on Saturday described Israel as a "state of occupation" which used "terror" against the Palestinians, as he stepped up his criticism of the US recognition of Jerusalem as its capital. Erdogan has been bitterly oppose
Published 10 Dec, 2017 12:00am
Kenyan lecturers end strike

Kenyan lecturers end strike

Lecturers in Kenya's public universities ended a strike on Saturday after reaching agreement with the government over pay and other issues, according to a statement from their union. They had gone on strike at the beginning of November in protest at the g
Published 10 Dec, 2017 12:00am
Israel strikes kill two in Gaza as Trump rage simmers

Israel strikes kill two in Gaza as Trump rage simmers

Retaliatory Israeli air strikes on the Gaza Strip killed two Hamas militants on Saturday, as unrest simmered across the Palestinian territories over US President Donald Trump's declaration of Jerusalem as Israel's capital. A total of four people have now
Published 10 Dec, 2017 12:00am
UK's Johnson in Iran talks to lobby for jailed aid worker

UK's Johnson in Iran talks to lobby for jailed aid worker

British foreign minister Boris Johnson held talks on Saturday with his Iranian counterpart and other officials, during a visit to Iran where he is expected to seek the release of jailed Iranian-British aid worker Nazanin Zaghari-Ratcliffe. The visit is on
Published 10 Dec, 2017 12:00am
Honduras opposition demands 'rigged' vote be cancelled

Honduras opposition demands 'rigged' vote be cancelled

Honduras' leftwing opposition is demanding a presidential election held two weeks ago be scrapped and its results annulled, alleging it was "rigged" in favour of incumbent President Juan Orlando Hernandez. The Alliance Against the Dictatorship coalition b
Published 10 Dec, 2017 12:00am
Gulf Cup moved to Kuwait

Gulf Cup moved to Kuwait

Gulf Cup organisers will officially announce early next week that the tournament will be played in Kuwait not Qatar after overcoming political and administrative obstacles, a senior official said Saturday. "We will officially announce it on Monday (Decemb
Published 10 Dec, 2017 12:00am
Vidal fires Bayern eight points clear

Vidal fires Bayern eight points clear

Arturo Vidal's fourth goal in as many league games shot Bayern Munich to a 1-0 win at Eintracht Frankfurt and an eight-point lead at the top of the Bundesliga on Saturday. Bayern's win means that they cannot be caught before the winter break, which starts
Published 10 Dec, 2017 12:00am
New Zealand look to bowlers after Windies late charge

New Zealand look to bowlers after Windies late charge

New Zealand drew positives from their batting collapse on day one of the second Test against the West Indies in Hamilton on Saturday, saying the signs looked good for their bowlers. The hosts slumped from 154 for one to be 286 for seven at stumps, at one
Published 10 Dec, 2017 12:00am
Ronaldo stars as rejuvenated Real thrash Sevilla

Ronaldo stars as rejuvenated Real thrash Sevilla

Real Madrid sent a warning to Barcelona just two weeks ahead of El Clasico by storming back into form as Cristiano Ronaldo scored twice in a 5-0 thrashing of Sevilla on Saturday. Sevilla had started the afternoon on the same number of points as Madrid in
Published 10 Dec, 2017 12:00am
Jennings hits 80 as Moeen misses out in Ashes tour game

Jennings hits 80 as Moeen misses out in Ashes tour game

Opener Keaton Jennings top scored but Test all-rounder Moeen Ali missed out on runs in England's two-day tour game against a Cricket Australia XI in Perth on Saturday. Jennings hit 80 off 116 balls with 14 fours and a six, and fast bowler Tom Curran an un
Published 10 Dec, 2017 12:00am
December Polo Cup final today

December Polo Cup final today

Honda Chenab will vie against United Snacks for the December Polo Cup 2017 trophy to be played here at the Lahore Polo Club (LPC) ground on Sunday (today). Honda Chenab team is comprised of Shaharyar Khan, Ghulam Mustafa Monnoo, Bilal Haye and Ahmed Ali T
Published 10 Dec, 2017 12:00am
Japan edge North Korea in politically charged opener

Japan edge North Korea in politically charged opener

North Korea suffered late heartbreak against Japan on Saturday in a 1-0 football defeat played out against the backdrop of heightened political tensions over Pyongyang's recent missile launches. Yosuke Ideguchi's deflected winner deep into stoppage time i
Published 10 Dec, 2017 12:00am
Duckett dropped, suspended by England after bar incident

Duckett dropped, suspended by England after bar incident

England's Ashes tour has been plunged into a fresh crisis with batsman Ben Duckett stood down from a tour game on Saturday and suspended following a new incident in a Perth bar. Duckett, who was selected to open the batting in England's two-day tour match
Published 10 Dec, 2017 12:00am
Son sinks Stoke to get Spurs back on track

Son sinks Stoke to get Spurs back on track

South Korean forward Son Heung-Min sparkled as Tottenham Hotspur returned to winning ways in style by crushing sorry Stoke City 5-1 at Wembley on Saturday. After a four-game winless streak in the Premier League, Tottenham took their frustrations out on a
Published 10 Dec, 2017 12:00am
Arnautovic strikes Hammer blow to Chelsea title bid

Arnautovic strikes Hammer blow to Chelsea title bid

David Moyes claimed his first win as West Ham United manager after Marko Arnautovic's goal gave the Premier League strugglers a shock 1-0 win over champions Chelsea on Saturday. Arnautovic, the Hammers' £24 million ($32.1 million, 27.3 million euros) reco
Published 10 Dec, 2017 12:00am
Flint fires Bristol City to last-gasp victory

Flint fires Bristol City to last-gasp victory

A goal in stoppage time by Aden Flint gave Bristol City a 2-1 win over 10-man Sheffield United in an enthralling match in the English Championship on Friday. Flint's sixth goal of the season - the most for a defender in England's second tier this term - s
Published 10 Dec, 2017 12:00am
Buy it with bitcoin in New York, but it's not cheap
Currency

Buy it with bitcoin in New York, but it's not cheap

At Melt Bakery, a hole in the wall that sells ice cream sandwiches in New York's upscale Manhattan neighbourhood, you can pay for your guilty pleasure in bitcoin. And while a few swipes of a mobile app are all it takes to fill your electronic wallet, the
Published 10 Dec, 2017 12:00am
Bitcoin plunges 15 percent in wild trading
Currency

Bitcoin plunges 15 percent in wild trading

Bitcoin plunged as much as 15 percent to below $14,500 on profit-taking Friday, capping a roller-coaster week that saw the currency hit a series of record highs and underlining concerns about its volatility. The virtual currency, which has no central bank
Published 10 Dec, 2017 12:00am
Aussie facing flat future, kiwi to stabilize
Currency

Aussie facing flat future, kiwi to stabilize

Australian dollar dealers face a dull future if analysts prove prescient in their forecasts for almost no movement over the entire year ahead, while the New Zealand dollar is seen stabilising after its recent slide. The survey of 48 analysts predicted the
Published 10 Dec, 2017 12:00am
Norway raises crown purchases
Currency

Norway raises crown purchases

Norway's central bank will raise its daily sale of foreign currency in December, but will conduct them only in the period Dec. 1-15, it said on Thursday. The bank will sell foreign exchange equivalent to 900 million Norwegian crowns per day. Sales in Nove
Published 10 Dec, 2017 12:00am
Speculators increase net-short dollar bets
Currency

Speculators increase net-short dollar bets

Speculators increased their bearish, net-short bets on the US dollar to $4.28 billion in latest week of trading, marking the 21st straight week of net-negative speculator dollar positioning, data from the Commodity Futures Trading Commission calculated by
Published 10 Dec, 2017 12:00am
South Africa's rand to trade firmer

South Africa's rand to trade firmer

South Africa's rand is expected to trade slightly firmer towards the end of the year after weakening last week on the prospect of a December interest rate hike by the United States Federal Reserve, a Reuters poll found. The end of the year will be a very
Published 10 Dec, 2017 12:00am
Dollar holds gains after US jobs data, but off highs due to wages

Dollar holds gains after US jobs data, but off highs due to wages

The dollar rose against the euro and yen in choppy trading on Friday after a report 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 o
Published 10 Dec, 2017 12:00am
Sterling to coast, but Brexit talks progress would drive rally
Currency

Sterling to coast, but Brexit talks progress would drive rally

Sterling's outlook is stable over the coming year, but a few currency strategists polled by Reuters expect it to make significant gains if negotiations over Britain's departure from the European Union take a positive turn. Forecasts from the poll of aroun
Published 10 Dec, 2017 12:00am
Flash crashes hit FX markets every two weeks
Currency

Flash crashes hit FX markets every two weeks

"Flash crashes" in foreign exchange markets are far more common than generally believed, a study by trading algorithm provider Pragma said on Thursday. The two-year study of some of the world's most traded currency pairs - including the Australian dollar,
Published 10 Dec, 2017 12:00am
Canadian dollar weakens as US jobs report boosts greenback
Currency

Canadian dollar weakens as US jobs report boosts greenback

The Canadian dollar weakened slightly against a broadly stronger US counterpart on Friday as data showed US job growth increased at a strong clip in November, adding to the loonie's sharpest weekly decline since late October. The Canadian currency lost 1.
Published 10 Dec, 2017 12:00am
Wall Street closes higher after payrolls report
Exchange

Wall Street closes higher after payrolls report

US stocks advanced on Friday, buoyed by a solid payrolls report for November that locked in expectations for an interest rate hike from the US Federal Reserve next week and raised optimism about economic prospects in 2018. Technology stocks such as Micros
Published 10 Dec, 2017 12:00am
US investors overweight in stocks despite market fears
Mutual Funds

US investors overweight in stocks despite market fears

Three out of four US investors age 40 and older worry about a correction that will eventually end the long-running bull market in stocks, yet most refuse to head for the exits. Sixty-nine percent of older investors remain heavily exposed to equities, acco
Published 10 Dec, 2017 12:00am
Brexit progress takes shine off safe-haven eurozone bonds

Brexit progress takes shine off safe-haven eurozone bonds

Borrowing costs across the eurozone rose on Friday as a breakthrough in divorce talks between Britain and the European Union took the shine off safe-haven bonds. The European Commission said on Friday enough progress had been made in Brexit negotiations w
Published 10 Dec, 2017 12:00am
Brexit progress takes shine off safe-haven eurozone bonds

Brexit progress takes shine off safe-haven eurozone bonds

Borrowing costs across the eurozone rose on Friday as a breakthrough in divorce talks between Britain and the European Union took the shine off safe-haven bonds. The European Commission said on Friday enough progress had been made in Brexit negotiations w
Published 10 Dec, 2017 12:00am
Treasuries outlook: Yields flat, investors' expectations unchanged

Treasuries outlook: Yields flat, investors' expectations unchanged

US Treasury yields were little changed on Friday after seesawing following the release of a US jobs report that showed the economy added 228,000 jobs last month but average hourly earnings failed to meet expectations. Average hourly earnings have become a
Published 10 Dec, 2017 12:00am
Treasuries outlook: Yields flat, investors' expectations unchanged

Treasuries outlook: Yields flat, investors' expectations unchanged

US Treasury yields were little changed on Friday after seesawing following the release of a US jobs report that showed the economy added 228,000 jobs last month but average hourly earnings failed to meet expectations. Average hourly earnings have become a
Published 10 Dec, 2017 12:00am
China launches new government yield curve benchmark

China launches new government yield curve benchmark

China has introduced a new benchmark for government bond yields, creating an official point of reference for the country's underdeveloped debt markets and marking a fresh step in efforts to encourage accurate risk pricing. The Shanghai Key Yield (SKY), pu
Published 10 Dec, 2017 12:00am
China launches new government yield curve benchmark

China launches new government yield curve benchmark

China has introduced a new benchmark for government bond yields, creating an official point of reference for the country's underdeveloped debt markets and marking a fresh step in efforts to encourage accurate risk pricing. The Shanghai Key Yield (SKY), pu
Published 10 Dec, 2017 12:00am
Foreigners pare holdings in Asian equities in November
Exchange

Foreigners pare holdings in Asian equities in November

Foreigners trimmed their holdings in most Asian stocks markets in November as investors started to book profits after this year's solid rally. November data from seven Asian exchanges showed foreign investment for the month totalled about $400 million, do
Published 10 Dec, 2017 12:00am
TSX posts two-week high
Exchange

TSX posts two-week high

Canada's main stock index rose to a two-week high on Friday, led by financial and industrial shares after solid US jobs data boosted investor sentiment, while energy stocks climbed on higher oil prices. The Toronto Stock Exchange's S&P/TSX composite index
Published 10 Dec, 2017 12:00am
China to make IPO application process more transparent

China to make IPO application process more transparent

China's securities regulator published a set of guidelines for companies applying to make initial public offerings (IPOs), in a bid to be more transparent and stabilize market expectations. The new guidelines, issued by the China Securities Regulatory Com
Published 10 Dec, 2017 12:00am
China to make IPO application process more transparent

China to make IPO application process more transparent

China's securities regulator published a set of guidelines for companies applying to make initial public offerings (IPOs), in a bid to be more transparent and stabilize market expectations. The new guidelines, issued by the China Securities Regulatory Com
Published 10 Dec, 2017 12:00am
China's Lufax picks banks for up to $5 billion Hong Kong IPO

China's Lufax picks banks for up to $5 billion Hong Kong IPO

Chinese online wealth management firm Lufax has hired five banks to work on an up to $5 billion Hong Kong initial public offering, IFR reported, citing people familiar with the situation. Lufax, backed by Ping An Insurance, has mandated Citic Securities,
Published 10 Dec, 2017 12:00am
China's Lufax picks banks for up to $5 billion Hong Kong IPO

China's Lufax picks banks for up to $5 billion Hong Kong IPO

Chinese online wealth management firm Lufax has hired five banks to work on an up to $5 billion Hong Kong initial public offering, IFR reported, citing people familiar with the situation. Lufax, backed by Ping An Insurance, has mandated Citic Securities,
Published 10 Dec, 2017 12:00am
China's producer prices ease to four-month low as pollution curbs bite

China's producer prices ease to four-month low as pollution curbs bite

China's producer price inflation slowed to a four-month low in November as factory activity softened due to the government's ongoing efforts to curb pollution, cooling demand from factories for raw materials. Producer prices rose 5.8 percent from a year e
Published 10 Dec, 2017 12:00am
China's Xinjiang halts mining in nature reserve to curb pollution

China's Xinjiang halts mining in nature reserve to curb pollution

China's far western Xinjiang region has suspended mining in one of its big nature reserves, the official Xinhua news agency reported, amid rising environmental concerns. The mining sector has been a crucial part of China's rapid economic expansion in the
Published 10 Dec, 2017 12:00am
Volkswagen says halts multivan deliveries amid emissions 'uncertainties'

Volkswagen says halts multivan deliveries amid emissions 'uncertainties'

Volkswagen said on Friday it had stopped delivering the T6 multivan to dealers after detecting that the diesel model emitted excessive nitrogen oxide levels and had reported the findings to Germany's automotive watchdog (KBA). Earlier on Friday German mag
Published 10 Dec, 2017 12:00am
Iran sentences fugitive ex-bank chief to jail

Iran sentences fugitive ex-bank chief to jail

The former head of Iran's largest state-owned bank, who fled to Canada over a record-breaking $2.6 billion embezzlement scandal, has been given a 20-year prison sentence and $6 million fine in absentia, the judiciary said on Saturday. Mahmoud Reza Khavari
Published 10 Dec, 2017 12:00am
German trade surplus narrows on higher imports

German trade surplus narrows on higher imports

German imports outpaced exports in October, slightly narrowing the country's oft-criticised massive trade surplus, preliminary data showed Friday. Exports from Europe's top economy slid 0.4 percent compared with September, while imports climbed by 1.8 per
Published 10 Dec, 2017 12:00am
SpaceX's Elon Musk to launch his own car into deep space

SpaceX's Elon Musk to launch his own car into deep space

SpaceX confirmed Wednesday its CEO Elon Musk plans to blast his cherry red electric car off toward the Red Planet when the company's Falcon Heavy rocket launches for the first time next month. Many wondered if Musk was joking last week when he tweeted his
Published 10 Dec, 2017 12:00am
East German village sells for 140,000 euros
Currency

East German village sells for 140,000 euros

The only bidder at an unusual auction on Saturday put down 140,000 euros and walked away the new owner of a small slice of German history: the village of Alwine, population 20. Its empty homes and ageing residents mirror the wider fate of the ex-communist
Published 10 Dec, 2017 12:00am
Apple to buy music recognizing app Shazam

Apple to buy music recognizing app Shazam

Apple is in talks to buy the popular song recognition app Shazam as the tech giant tries to compete with streaming leader Spotify, TechCrunch reported Friday. The technology news site, quoting unnamed sources, said that the deal could be announced Monday
Published 10 Dec, 2017 12:00am
Mauritius needs to clarify monetary policy: IMF
Exchange

Mauritius needs to clarify monetary policy: IMF

Mauritius needs to clarify its monetary policy to increase policy coherence, the International Monetary Fund said on Saturday. The IMF said in a statement that the primary objective of the central bank was to maintain price stability and promote "orderly
Published 10 Dec, 2017 12:00am
Sri Lanka approves 2018 budget, aims for more investment

Sri Lanka approves 2018 budget, aims for more investment

Sri Lanka's coalition government on Saturday won the final vote on its 2018 budget which aims to boost investments and small businesses and cut the fiscal deficit to 4.8 percent of GDP from this year's 5.2 percent. The budget was passed with 155 in favour
Published 10 Dec, 2017 12:00am
Fed says will begin publishing new reference rates in Q2 2018
Libor

Fed says will begin publishing new reference rates in Q2 2018

The US Federal Reserve will begin publishing new reference rates in the second quarter of next year, providing an alternative to the London interbank offered rate (Libor) used as a common benchmark for financial products. The three new rates had been rele
Published 10 Dec, 2017 12:00am
Japan to revise up growth forecasts

Japan to revise up growth forecasts

Japan is expected to revise up its economic growth forecasts for the current and next fiscal years, the Nikkei newspaper reported on Saturday, helping Prime Minister Shinzo Abe to make the case his stimulus policies are working. Data released on Friday sh
Published 10 Dec, 2017 12:00am
M&C Hotels agrees to sweetened bid from CDL

M&C Hotels agrees to sweetened bid from CDL

Millennium & Copthorne Hotels has agreed to a sweetened takeover offer from its majority shareholder that values the London-listed company at about 2 billion pounds ($2.67 billion) after an earlier bid was heavily criticised by minority investors. City De
Published 10 Dec, 2017 12:00am
Maldives rushes through trade pact with China despite opposition

Maldives rushes through trade pact with China despite opposition

The Maldives government signed a free trade agreement with China during a visit to Beijing by its leader, Abdulla Yameen, it said on Friday, despite criticism from the opposition over the speed at which the deal was concluded. Under the deal - a document
Published 10 Dec, 2017 12:00am
India's rapeseed output to drop 10 percent as farmers trim plantings

India's rapeseed output to drop 10 percent as farmers trim plantings

India's rapeseed and mustard output is set to drop by at least 10 percent for the 2017/18 crop year as scanty rains and high temperatures prompted farmers to switch to other crops despite a recent hike in the import duty on edible oils, trade officials sa
Published 10 Dec, 2017 12:00am
US natural gas futures fall on lower heating demand

US natural gas futures fall on lower heating demand

US natural gas futures on Thursday fell over 5 percent to their lowest since October on forecasts for less heating demand later in December than previously expected and a surprise winter build in stockpiles. The US Energy Information Administration (EIA)
Published 10 Dec, 2017 12:00am
EU wheat futures lower on high global supply

EU wheat futures lower on high global supply

European wheat futures edged lower on Thursday as the prospect of high global supply and stiff export competition again pressured prices. March milling wheat, the most active contract on Paris-based Euronext, settled down 0.50 euro at 161.75 euros ($190.8
Published 10 Dec, 2017 12:00am
Ivory Coast cocoa belt receives little rain last week

Ivory Coast cocoa belt receives little rain last week

Ivory Coast cocoa regions received little or no rain last week as the dry season took hold, though downpours earlier this year have helped soil moisture levels, farmers said on Monday. The dry season in the world's top cocoa producer runs from mid-Novembe
Published 10 Dec, 2017 12:00am
CBOT corn futures lower

CBOT corn futures lower

Chicago Board of Trade corn futures weakened on Thursday, weighed down by declines in the wheat market. Short-covering limited the declines in corn.
Published 10 Dec, 2017 12:00am
Brazil's soya crop view raises as rains boost yields

Brazil's soya crop view raises as rains boost yields

Brazil's 2017/18 soya crop could reach 107.6 million tonnes, broker and analyst INTL FCStone said on Monday, raising its forecast from 106.1 million tonnes previously as favourable weather is seen boosting agricultural yields. "The improvement on the proj
Published 10 Dec, 2017 12:00am
Freight rates for large dry cargo hit three-year high

Freight rates for large dry cargo hit three-year high

Freight rates for large dry cargo ships on key Asian routes, which hit three-year highs this week, could stay around the current levels or nudge slightly higher if shortage of vessels for prompt hire continued, brokers said. "It's a good lead up to Christ
Published 10 Dec, 2017 12:00am
US Plains HRW wheat bids easier

US Plains HRW wheat bids easier

Spot basis bids for hard red winter (HRW) wheat were steady to easier in the southern US Plains on Thursday and farmer selling was thin as K.C. HRW wheat futures skidded to life-of-contract lows, dealers said. The track basis at the US Gulf export termina
Published 10 Dec, 2017 12:00am
Renewed buying by mills on tight supply of seed cotton
Cotton

Renewed buying by mills on tight supply of seed cotton

A kind of panic buying was witnessed on the cotton market on Saturday on hovering fears of decline in supply of seed cotton, dealers said. The official spot rate was unchanged at Rs 6,600, they said. In ready session, over 35,000 bales of cotton changed h
Published 10 Dec, 2017 12:00am
Indian rice prices rise on strong demand from Bangladesh

Indian rice prices rise on strong demand from Bangladesh

Rice prices in India climbed this week as strong demand from neighbouring Bangladesh counteracted fresh supplies from a new season crop in the world's top exporter. India's 5 percent broken parboiled rice prices rose by $4 per tonne to $406-$409.
Published 10 Dec, 2017 12:00am
Asian naphtha margins hit over three-week high

Asian naphtha margins hit over three-week high

Asian naphtha margins rose to a more than three-week high on Thursday on firm buying interest from South Korean and Japanese companies, trade sources said.
Published 10 Dec, 2017 12:00am
Australia's 2017-2018 wheat output forecast to fall further

Australia's 2017-2018 wheat output forecast to fall further

Australia's 2017/18 wheat production is expected to decline further, the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) said on Tuesday, after recent storms damaged the crop and following a severe drought earlier in the sea
Published 10 Dec, 2017 12:00am
US FOB Gulf soya bids slightly higher

US FOB Gulf soya bids slightly higher

Basis bids for soyabeans shipped by barge to the US Gulf Coast were steady to slightly higher on Thursday, supported by better-than-expected weekly export sales and declines in futures prices, traders said. The US Department of Agriculture said more than
Published 10 Dec, 2017 12:00am
Vietnamese coffee demand weaker on erratic weather

Vietnamese coffee demand weaker on erratic weather

Demand for robusta coffee beans was slow this week in major producer Vietnam at a time when erratic weather slowed down bean processing in the country's Central Highlands, traders said on Thursday. Farmers in Vietnam's main coffee-growing province Daklak
Published 10 Dec, 2017 12:00am
European gasoline margins little changed

European gasoline margins little changed

Northwest European gasoline refining margins were little changed on Thursday as rising supplies in the United States weighed on cracks. Gasoline barge margins in northwest Europe remained near a 14-month low around $3.5 a barrel as overseas buying, partic
Published 10 Dec, 2017 12:00am
China's copper imports jump by 42.3 percent month on month
Exchange

China's copper imports jump by 42.3 percent month on month

China's unwrought copper imports rose by more than 40 percent in November from the previous month, in a sign that winter production restrictions at the world's top copper consuming country are driving up shipments of overseas metal. Arrivals of unwrought
Published 10 Dec, 2017 12:00am
China soyabeans imports surge in November
Vegetable Oil

China soyabeans imports surge in November

China, the world's largest soya buyer, imported 8.68 million tonnes of beans in November, rebounding 48 percent from the prior month as a backlog of shipments from the United States arrived at ports, customs data showed on Friday. The November figures wer
Published 10 Dec, 2017 12:00am
Argentine drought threatens to wallop late-planted corn and soya

Argentine drought threatens to wallop late-planted corn and soya

Juan Graneros does not remember the last time he saw rain fall on the soya and corn fields he leases in Argentina's bread-basket province of Buenos Aires, and he and fellow farmers are starting to doubt they can recover investments made in this year's cro
Published 10 Dec, 2017 12:00am
Russia will boost transport subsidies to speed grain exports

Russia will boost transport subsidies to speed grain exports

Russia will spend 2 billion roubles ($34 million) in grain transportation subsidies to help to speed exports in 2018, the Deputy Agriculture Minister said on Thursday. Already among the world's largest wheat exporters, Russia is trying to step up a gear a
Published 10 Dec, 2017 12:00am
World coffee exports to rise on Africa, Asia output: ICO

World coffee exports to rise on Africa, Asia output: ICO

Global coffee exports should pick up later in the season as lower production in top grower Brazil is offset by growth in Africa, Asia and Central America, the International Coffee Organization (ICO) said on Friday. Exports are off to a slow start in the 2
Published 10 Dec, 2017 12:00am
ICE cotton slips on profit-taking, firmer dollar
Cotton

ICE cotton slips on profit-taking, firmer dollar

ICE cotton fell on Friday after hitting an over seven-month high earlier in the session as investors took profits and as the US dollar firmed. Cotton contracts for March settled down 0.51 cent, or 0.69 percent, at 73.72 cents per lb. It traded within a ra
Published 10 Dec, 2017 12:00am
Mexico unlikely to meet US sugar import demands

Mexico unlikely to meet US sugar import demands

Mexico's sugar industry will struggle to meet US import needs during the 2017-18 crop year as the country's mills are ill-equipped to meet requirements of a new trade deal agreed in June, Rabobank said on Thursday. A US-Mexico sugar pact hammered out earl
Published 10 Dec, 2017 12:00am
Oil analysts grow more bullish after Opec extends output deal

Oil analysts grow more bullish after Opec extends output deal

Oil analysts have raised their forecasts for the crude price next year after major producers agreed to extend output cuts, a Reuters poll showed on Wednesday. Political tensions in Saudi Arabia, production disruptions in Libya and Nigeria and economic dep
Published 10 Dec, 2017 12:00am
Canadian farmers reap surprisingly big canola, wheat harvests

Canadian farmers reap surprisingly big canola, wheat harvests

Canadian farmers harvested larger crops than expected this autumn, reaping record-large canola output and a surprisingly big wheat crop, a Statistics Canada report showed on Wednesday. A late harvest in Western Canada made the size of crops in the world's
Published 10 Dec, 2017 12:00am
EU crop monitor lifts 2017 maize, sugar beet yield estimates

EU crop monitor lifts 2017 maize, sugar beet yield estimates

The European Union's crop monitoring service on Monday slightly raised its monthly yield estimates for grain maize and sugar beet in 2017 and said winter grain sowings ahead of the 2018 harvest were developing well in most countries apart from Spain.
Published 10 Dec, 2017 12:00am
Wooden dams and river jams: US strains to ship record grains
Kerb

Wooden dams and river jams: US strains to ship record grains

America's worst traffic jam this fall occurred on the Ohio River, where a line of about 50 miles of boats hauling grains and other products turned into a waterborne parking lot, as ship captains waited for the river to reopen. Such delays are worsening on
Published 10 Dec, 2017 12:00am
Syngenta may start local production of crop protection in Russia

Syngenta may start local production of crop protection in Russia

Switzerland's Syngenta is considering setting up local production facilities of crop protection products in Russia rather than relying on importing its products, the head of its Russian office said on Thursday. Russia, one of the world's largest wheat exp
Published 10 Dec, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (December 09, 2017).

Published 10 Dec, 2017 12:00am
THE RUPEE: modest gains
Currency

THE RUPEE: modest gains

The rupee shrugged of overnight weakness against the dollar on the money market on Saturday in the process of trading, dealers said. The national currency managed to recover 20 paisas against the dollar for buying and selling at Rs 107.30 and Rs 107.80 re
Published 10 Dec, 2017 12:00am
THE RUPEE: modest gains
Currency

THE RUPEE: modest gains

The rupee shrugged of overnight weakness against the dollar on the money market on Saturday in the process of trading, dealers said. The national currency managed to recover 20 paisas against the dollar for buying and selling at Rs 107.30 and Rs 107.80 re
Published 10 Dec, 2017 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (December 09, 2017).

Published 10 Dec, 2017 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (December 09, 2017).

Published 10 Dec, 2017 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (December 09, 2017).

Published 10 Dec, 2017 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (December 09, 2017).

Published 10 Dec, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (December 09, 2017)

Published 10 Dec, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (December 09, 2017).

Published 10 Dec, 2017 12:00am
YOUR RUPEE LAST MONTH
Currency

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (November 1 to 30, 2017)

Published 10 Dec, 2017 12:00am
The Weather

The Weather

The weather report on Saturday (December 09, 2017) and the forecast for Sunday (December 10, 2017).

Published 10 Dec, 2017 12:00am
Mission of 'loadshedding free Pakistan' accomplished: PM

Mission of 'loadshedding free Pakistan' accomplished: PM

Prime Minister Shahid Khaqan Abbasi Saturday said that the government had successfully accomplished the mission of loadshedding free Pakistan rather it had launched the projects to suffice the country's power needs till 2030. Addressing the groundbreaking
Published 10 Dec, 2017 12:00am
Mission of 'loadshedding free Pakistan' accomplished: PM

Mission of 'loadshedding free Pakistan' accomplished: PM

Prime Minister Shahid Khaqan Abbasi Saturday said that the government had successfully accomplished the mission of loadshedding free Pakistan rather it had launched the projects to suffice the country's power needs till 2030. Addressing the groundbreaking
Published 10 Dec, 2017 12:00am
Previous Day