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Archive - 2017-12-30
Snow covered malka-e-kohsar
Featured Photos

Snow covered malka-e-kohsar

A large numbers of tourists enjoying while snow covered area after heavy snowfall of winter season, in Murree on Sat
Published 30 Dec, 2017 08:30pm
Surfer rides a wave
Featured Photos

Surfer rides a wave

  A surfer rides a wave during the Punta Galea Big Wave Challenge in Punta Galea, Getxo, near Bilbao, Spain, De
Published 30 Dec, 2017 07:45pm
Snow sculpture
Featured Photos

Snow sculpture

A worker carves a snow sculpture at Jingyuetan scenic spot in Changchun, northeast China's Jilin Province, Dec. 30,
Published 30 Dec, 2017 06:33pm
Save the World Heritage
Featured Photos

Save the World Heritage

Labours busy in construction work to save the World Heritage Site from rains under the supervision of Culture and To
Published 30 Dec, 2017 05:21pm
India refuses visas to Pakistani pilgrims
Pakistan Top News

India refuses visas to Pakistani pilgrims

Due to India’s refusal to issue visa to Pakistan, pilgrims will not be able to attend the annual urs of Hazrat Khwaj
Published 30 Dec, 2017 08:14am
Abbottabad, DI Khan, Swat to have blood centres

Abbottabad, DI Khan, Swat to have blood centres

KP government has planned the establishment of regional blood centres in Abbottabad, DI Khan and Swat regions after taking over the Regional Blood Centre in Hayatabad, Peshawar earlier July this year. Since July, the RBC in Peshawar has catered to the nee
Published 30 Dec, 2017 12:00am
PTAB requests FBR to extend e-filing of corporate tax returns

PTAB requests FBR to extend e-filing of corporate tax returns

Pakistan Tax Bar Association (PTBA) has requested to extend the date for e-filing of corporate tax returns till March 27, 2018. In a letter sent to the chairman FBR, the PTBA said that they had been requesting time and again for allowing date extension in
Published 30 Dec, 2017 12:00am
Majeed Achakzai released from jail

Majeed Achakzai released from jail

Majeed Achakzai, a member of Balochistan Assembly was released from Huda District Jail in Quetta on Friday after he was granted bail by the anti-terrorism court (ATC) in a case pertaining to killing of traffic sergeant Attaullah. The Pashtunkhwa Milli Awa
Published 30 Dec, 2017 12:00am
733 infants vaccinated during anti-measles drive

733 infants vaccinated during anti-measles drive

After the number of complaints registered about the spread Measles, around 733 infants were vaccinated during an anti-Measles campaign carried out in Kam-Shelman and Loy-Shelman, the remote areas of Tehsil Landi Kotal of tribal Khyber Agency.
Published 30 Dec, 2017 12:00am
Small traders voice concern over deteriorating L&O

Small traders voice concern over deteriorating L&O

Small traders and shopkeepers while expressing serious concerns over law and order pointed out that the situation in almost all the markets of the city, particularly the old city areas, continue to deteriorate day by day where shopkeepers have been consta
Published 30 Dec, 2017 12:00am
Urdu translation of Siddiqui's book launched

Urdu translation of Siddiqui's book launched

The Urdu translation of Aslam Siddiqui's book "Life and Times of a Pakistani Citizen" was launched here at Arts Council on Friday. The Urdu version titled 'Shakista Tabeer: Aik Pakistani ki Sargasht' was translated by Dr Shershah Syed whose work was assis
Published 30 Dec, 2017 12:00am
Violence claims three lives in Karachi

Violence claims three lives in Karachi

Three persons were killed in separate incidents of violence while Pakistan Rangers (Sindh) claimed to have arrested 12 accused in their raids conducted as part of the ongoing Karachi Operation here on Friday. According to police and rescue sources, Hussai
Published 30 Dec, 2017 12:00am
Fata-KP integration: Sherpao deplores over resistance by certain parties

Fata-KP integration: Sherpao deplores over resistance by certain parties

Chairman Qaumi Watan Party Aftab Ahmad Khan Sherpao has regretted the opposition of Fata-KP merger by certain political parties, which was against the interests of the tribal people. He was addressing a public meeting after inaugurating Sui Gas Supply at
Published 30 Dec, 2017 12:00am
Tevta's communication skills, personality grooming courses begin

Tevta's communication skills, personality grooming courses begin

Chairman Technical Education and Vocational Training Authority (TEVTA) Irfan Qaiser Sheikh has said that TEVTA has started four month course for enhancing of communication skills and personality grooming of its already registered students.
Published 30 Dec, 2017 12:00am
PAF delegation briefed at Wapda House

PAF delegation briefed at Wapda House

A delegation of PAF Air War College, Karachi headed by Group Captain Ejaz Yousaf Cheema, Friday visited WAPDA House. During the visit, the delegation was briefed about water and hydropower sectors of the country. WAPDA Member (Finance) Muhammad Ikram Khan
Published 30 Dec, 2017 12:00am
Plan chalked out to turn Potohar Region in 'Olive Valley'

Plan chalked out to turn Potohar Region in 'Olive Valley'

Secretary Agriculture Punjab Muhammad Mahmood has said that a five-year plan has been chalked out to turn Potohar region in to 'Olive Valley.' Under this project, the government will provide 0.20 million free olive plants to the selected farmers in Chakwa
Published 30 Dec, 2017 12:00am
Over 700,000 Indian security personnel deployed in disputed J&K: envoy

Over 700,000 Indian security personnel deployed in disputed J&K: envoy

Ambassador of Pakistan to Turkey Muhammad Syrus Sajjad Qazi delivered a talk on "Importance of Jerusalem for the Islamic World and Role of Pakistan and Turkey" in Kastamonu University, Kastamonu province of Turkey. Rector, faculty members and over 200 stu
Published 30 Dec, 2017 12:00am
PPDWP approves Rs 4.7 billion for 'Punjab Saaf Dehaat Programme'

PPDWP approves Rs 4.7 billion for 'Punjab Saaf Dehaat Programme'

The Punjab Provincial Development Working Party approved Rs 4.7 billion for Khadem-e-Punjab Saaf Dehaat Programme in its 41st meeting of current fiscal year 2017-18 presided over by Chairman P&D Muhammad Jahanzeb Khan here on Friday. Secretary and all me
Published 30 Dec, 2017 12:00am
SCCI chief for interest-free loan

SCCI chief for interest-free loan

President Sialkot Chamber of Commerce and Industry (SCCI) Zahid Latif Malik has urged the government to ensure the provision of interest-free loan on the basis of exports for five years to the exporters for the import of new technology.
Published 30 Dec, 2017 12:00am
CM forms special body to monitor uplift projects

CM forms special body to monitor uplift projects

Punjab Chief Minister Shahbaz Sharif has directed to constitute a special committee to monitor the progress on different development projects through field-visits. The members of this committee should visit the field to personally monitor the progress on
Published 30 Dec, 2017 12:00am
There is nothing controversial in Saad's statement: Khurshid

There is nothing controversial in Saad's statement: Khurshid

Opposition Leader in the National Assembly Khurshid Shah said Friday that he did not find anything objectionable in the recent statement of Railways Minister Khawaja Saad Rafique, which was criticized by the army spokesperson a day earlier.
Published 30 Dec, 2017 12:00am
Terrorist groups exploit religious feeling: FCCI chief

Terrorist groups exploit religious feeling: FCCI chief

President Faisalabad Chamber of Commerce & Industry (FCCI) Shabbir Hussain Chawla has said that chocking the financial supply line of terrorists is a kind of prime "Jihad" and business community is already very cautious in donating its Zakat, Sadqat and C
Published 30 Dec, 2017 12:00am
Shahbaz PML-N's candidate for PM's slot: Sanaullah

Shahbaz PML-N's candidate for PM's slot: Sanaullah

Punjab Law Minister Rana Sanaullah on Friday said that Punjab Chief Minister Shahbaz Sharif is the Pakistan Muslim League-Nawaz (PML-N)'s candidate for the slot of prime minister in the 2018 general elections. Talking to media in Lahore, Rana Sanaullah al
Published 30 Dec, 2017 12:00am
Concern voiced over rising spending on debt servicing
Exchange

Concern voiced over rising spending on debt servicing

Pakistan Industrial and Traders Associations Front (PIAF) has expressed serious concern over the rising spending on debt servicing. The PIAF Chairman Irfan Iqbal Sheikh in a statement on Friday said that high payments of foreign debt has already put a neg
Published 30 Dec, 2017 12:00am
Pakistan's rate of urbanisation highest in South Asia: Symposium told

Pakistan's rate of urbanisation highest in South Asia: Symposium told

Pakistan is among lowest ranked countries in 'global infrastructure ranking' though the country has invested heavily in public infrastructure development yet poor governance remains major plague to its assets. These views were expressed by the speakers at
Published 30 Dec, 2017 12:00am
Reforms introduced to make PU Harvard of the East

Reforms introduced to make PU Harvard of the East

Punjab University Vice Chancellor Professor Dr Zafar Moeen Nasir has completed one year of his appointment with introduction of several reforms at academic, financial and administrative levels to make PU 'Harvard of the East'. Dr Nasir took charge as Vice
Published 30 Dec, 2017 12:00am
New Year's security plan finalised

New Year's security plan finalised

The city police have finalised a coordinated security plan to control hooliganism activities, especially one-wheelie and eve-teasing, during the forthcoming celebration of New Year night. According to Capital City Police Officer (CCPO) Lahore Amin Wains,
Published 30 Dec, 2017 12:00am
Weapons recovered from MQM-L's unit office

Weapons recovered from MQM-L's unit office

Rangers officers on Thursday night recovered huge cache of arms from unit office of Muttahida Qaumi Movement (MQM) in Karachi. According to details, Rangers conducted a raid at the office and seized the weapons that were hidden underground. The officers a
Published 30 Dec, 2017 12:00am
SPLA delegation calls on VC SU

SPLA delegation calls on VC SU

A delegation of Sindh Professors and Lecturers Association (SPLA) called on Vice-Chancellor, University of Sindh Professor Dr Fateh Muhammad Burfat at his Camp Office and discussed various issues of affiliated colleges. The VC chaired the meeting and Ghul
Published 30 Dec, 2017 12:00am
Pak-Afghan Trade: PAJCCI chief for simplifying Customs rules

Pak-Afghan Trade: PAJCCI chief for simplifying Customs rules

Pakistan Afghanistan Joint Chamber of Commerce & Industry's (PAJCCI) President, Junaid Esmail Makda has emphasized the need that both the countries under Afghanistan Pakistan Transit Trade Coordination Authority should remove all obstacles hampering trade
Published 30 Dec, 2017 12:00am
Government urged to help resolve fishermen's issues

Government urged to help resolve fishermen's issues

Fishermen slammed the government on Friday for 'overgrowing' problems at the fisheries harbour, saying 'rulers' are not concerned at all to see their complaints for better working conditions. Fishermen said that the working conditions at the harbour are n
Published 30 Dec, 2017 12:00am
CJ SHC takes notice of lack of healthcare in Jacobabad

CJ SHC takes notice of lack of healthcare in Jacobabad

Sindh High Court (SHC) Chief Justice Ahmed Ali M Sheikh on Friday took notice of lack of healthcare facilities in Jacobabad public sector hospitals. The chief justice summoned the authorities concerned in this regard and directed the relevant district and
Published 30 Dec, 2017 12:00am
War against state institutions won't be tolerated: Asim

War against state institutions won't be tolerated: Asim

The war against state institutions will be dealt with, Dr Asim Hussain, a leader of the Pakistan Peoples Party (PPP), said Friday morning as he flew back to the country from Dubai. The political belief some of the nation's strategic players hold, that the
Published 30 Dec, 2017 12:00am
Pakistan Navy 'Annual Efficiency Competition Parade' held

Pakistan Navy 'Annual Efficiency Competition Parade' held

Pakistan Navy Fleet Annual Efficiency Competition Parade for the year 2017 was held at PN Dockyard. Chief of the Naval Staff, Admiral Zafar Mahmood Abbasi graced the occasion as Chief Guest. The Efficiency Competition Parade is conducted annually by Fleet
Published 30 Dec, 2017 12:00am
War against terrorism will continue: Ahsan

War against terrorism will continue: Ahsan

Interior Minister Ahsan Iqbal said on Friday that the war against terrorism will continue in the country, explaining further that terrorists who had run away are now re-entering the country from its Western border to launch attacks. Iqbal was speaking to
Published 30 Dec, 2017 12:00am
JS Bank, Careem create 1000 entrepreneurs under PMYBL scheme

JS Bank, Careem create 1000 entrepreneurs under PMYBL scheme

JS Bank and Careem have notched up a remarkable achievement by creating over one thousand entrepreneurs in the short span of six months. Under the scheme of Prime Minister Youth Business Loan (PMYBL), Careem and JS Bank have successfully managed to turn 1
Published 30 Dec, 2017 12:00am
KMM to set up vehicle assembly unit

KMM to set up vehicle assembly unit

New auto policy made a great impact on automobile industry of Pakistan. New players are aggressive to get benefit of new policy. Now one more new company has got permission from Engineering Development Board ie M/s. Khalid Mushtaq Motors (Pvt) Ltd (KMM) t
Published 30 Dec, 2017 12:00am
Five terrorists held near Super Highway

Five terrorists held near Super Highway

Five terrorists belonging to a banned outfit were arrested Friday night near the Super Highway in a raid conducted by the law enforcement agencies (LEAs), Senior Superintendent of Police (SSP) Malir Rao Anwar said. Two terrorists, however, managed to esca
Published 30 Dec, 2017 12:00am
Senate body voices concern over shortage of water in Gwadar

Senate body voices concern over shortage of water in Gwadar

The Senate Standing Committee on Planning, Development and Reform has expressed resentment over shortage of clean drinking water in port city Gwadar as well as slackness and impassive attitude of the government of Balochistan in delaying water supply proj
Published 30 Dec, 2017 12:00am
Traders protest over levy of taxes

Traders protest over levy of taxes

The trading community of district Malakand observed shutter-down against the replacement of the traditional Levies Force with regular police and likely extension of tax laws to the area. On the occasion, all business centres in the district including reno
Published 30 Dec, 2017 12:00am
Markhor's population up in KP, Balochistan

Markhor's population up in KP, Balochistan

The population of Markhor, the national animal of Pakistan, has increased significantly from 1,944 to 2,057 in Khyber Pakhtunkhwa and 2,200 to 3,000 in Balochistan. This was revealed by representatives of these provinces in a meeting chaired by Federal Mi
Published 30 Dec, 2017 12:00am
Shahbaz warns millers against cut in weight of sugarcane

Shahbaz warns millers against cut in weight of sugarcane

Punjab Chief Minister Muhammad Shahbaz Sharif has said that case will be registered against the sugar mills owner and he will be arrested if any complaint is received about deduction in the weight of sugarcane.
Published 30 Dec, 2017 12:00am
Government urged to launch drive against flu

Government urged to launch drive against flu

Provincial Minister for Specialized Healthcare & Medical Education Khawaja Salman Rafique has said that all the teachings, tehsil and district hospitals across the province must ensure arrangements of prevention and treatment of seasonal flu (H1, N1).
Published 30 Dec, 2017 12:00am
Cabinet extends scope of PM's SDGs programme

Cabinet extends scope of PM's SDGs programme

The federal cabinet has extended the scope of Prime Minter's special development programme for development of schools, colleges, purchase of latest cleaning machinery to improve sanitation and cleanliness, and building underpasses, flyovers and crossings
Published 30 Dec, 2017 12:00am
Textile exports improve
Cotton

Textile exports improve

Textile exports have started showing a positive trend, giving rise to hopes that the full-year proceeds will hit USD 13 billion after a gap of two years. Textile exports jumped 7.66 percent year-on-year to USD 5.51 billion in first five months of current
Published 30 Dec, 2017 12:00am
SECP directs PSX to hold election of shareholder directors
Exchange

SECP directs PSX to hold election of shareholder directors

The Securities and Exchange Commission of Pakistan (SECP) has directed the Pakistan Stock Exchange Limited (PSX) to fix the number of directors and hold election of shareholder directors in accordance with requirements of the Companies Act, 2017. The SECP
Published 30 Dec, 2017 12:00am
Haleeb Foods, Matrix Dairy Farm enter deal

Haleeb Foods, Matrix Dairy Farm enter deal

Haleeb Foods has entered in to an agreement with Matrix dairy farm, a leading dairy farm of the country complying with best dairy farming practices, to collect farm fresh milk. Speaking on the partnership Memosh Khawaja, CEO Haleeb Foods said "Our priorit
Published 30 Dec, 2017 12:00am
US MIDDAY: gold soars
Currency

US MIDDAY: gold soars

Gold extended its rally to a three-month high on Friday, leaping toward its biggest one-year rise in seven years as a wilting US dollar, political tensions and receding concerns over the impact of US interest rate hikes fed into its rally. Gold's gains co
Published 30 Dec, 2017 12:00am
Cameroon cocoa port arrivals down

Cameroon cocoa port arrivals down

Cocoa exporters in Cameroon reckon that port arrivals since the start of the season in August had amounted to between 110,000 and 115,000 tonnes by mid-December, down from around 145,000 tonnes in the same period of last season. Farmers and up-country buy
Published 30 Dec, 2017 12:00am
Gold rises in Europe
Currency

Gold rises in Europe

Gold hit its highest in 2-1/2 months on Friday and remained on track for its biggest annual rise since 2010 as a wilting dollar, political tensions and receding concerns over the impact of US interest rate hikes fed into its rally. The dollar, in which go
Published 30 Dec, 2017 12:00am
Gold rises in Asia

Gold rises in Asia

Gold prices hit one-month highs on Friday and were on track for their best year since 2010, driven higher over the past 12 months mainly by a weaker dollar and safe-haven buying prompted by global political uncertainties. Spot gold was up 0.1 percent at $
Published 30 Dec, 2017 12:00am
Gold extends rally in New York
Exchange

Gold extends rally in New York

Gold extended a nine-day rally on Thursday and hit a one-month high on a strong technical outlook and a US dollar at a four-week low, as palladium prices reversed earlier losses to touch fresh 17-year highs.
Published 30 Dec, 2017 12:00am
Raw sugar extends rally, still ends 2017 with largest loss since 2011

Raw sugar extends rally, still ends 2017 with largest loss since 2011

Raw sugar on ICE Futures US extended its year-end rally on Friday, but in annual terms still skidded to a loss of more than 22 percent on expectations of large excess supplies, with both cocoa and coffee futures also ending 2017 lower. A decline in the US
Published 30 Dec, 2017 12:00am
Malaysian palm oil down
Currency

Malaysian palm oil down

Malaysian palm oil fell on Friday evening in a second day of declines, weighed down by a stronger ringgit, its currency of trade. The market dropped earlier, tracking losses in overnight soyaoil on the Chicago Board of Trade and high inventories, but coul
Published 30 Dec, 2017 12:00am
Rubber eases
Exchange

Rubber eases

Benchmark TOCOM rubber futures fell for a third consecutive session on Friday and were poised for a decline of about 20 percent this year with plentiful supplies across Asia weighing on the market. The Tokyo Commodity Exchange rubber contract for June del
Published 30 Dec, 2017 12:00am
US crude ends year above $60 on strong global oil demand

US crude ends year above $60 on strong global oil demand

US oil prices closed above $60 a barrel on the final trading day of the year, the first time since mid-2015, as the commodity ended 2017 with a 12 percent gain spurred by strong demand and declining global inventories. International benchmark Brent crude
Published 30 Dec, 2017 12:00am
China key to copper, aluminium holding multi-year highs
Exchange

China key to copper, aluminium holding multi-year highs

China's war on polluting industries, its supply reforms and robust demand growth have this year combined to create a bonanza for copper and aluminium which are heading for their biggest rises since the turn of the decade. However, prices slid on Friday as
Published 30 Dec, 2017 12:00am
Shanghai copper climbs
Exchange

Shanghai copper climbs

The most-traded copper contract on the Shanghai Futures Exchange climbed 0.09 percent to 55,470 yuan ($8,527.29) a tonne on Friday amid a bullish outlook for demand and supply uncertainty.
Published 30 Dec, 2017 12:00am
Cotton futures briefly hit June 2014 high
Cotton

Cotton futures briefly hit June 2014 high

ICE cotton futures touched a 3-1/2 year high, then dipped to settle lower in thin trading volume on Thursday. Cotton futures were on track to mark their 10th straight weekly gain, the natural fibre's longest such streak since at least the end of 2005. Dur
Published 30 Dec, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 30 Dec, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 30 Dec, 2017 12:00am
Syrian offensive against Kurds would be a 'mistake': Mattis
Exchange

Syrian offensive against Kurds would be a 'mistake': Mattis

US Secretary of Defense Jim Mattis on Friday warned President Bashar al-Assad against launching an offensive against US-supported Syrian Kurds, after the Syrian leader recently slammed them as "traitors." "That would be a mistake," Mattis told reporters a
Published 30 Dec, 2017 12:00am
Fierce fighting kills dozens in northwest Syria

Fierce fighting kills dozens in northwest Syria

Intense fighting killed dozens of people on the edge of the last Syrian province entirely outside government control as aid workers completed a series of medical evacuations from another rebel-held area on Friday. Government and allied forces backed by Ru
Published 30 Dec, 2017 12:00am
South Africa's top court delivers Zuma impeachment blow

South Africa's top court delivers Zuma impeachment blow

South Africa's top court on Friday ruled that parliament had failed to hold President Jacob Zuma accountable for using public money for private home upgrades, a move that could lead to impeachment proceedings. Opposition parties had gone to the Constituti
Published 30 Dec, 2017 12:00am
Worst New York fire in decades kills 12, including four children

Worst New York fire in decades kills 12, including four children

Four children were among 12 people killed in a devastating fire that tore through a New York apartment building as terrified residents rushed to escape. The cause of the blaze - the city's deadliest in decades - was under investigation, authorities said.
Published 30 Dec, 2017 12:00am
Huge fire at Mumbai restaurant kills at least 14

Huge fire at Mumbai restaurant kills at least 14

At least 14 people were killed when a huge blaze tore through a popular restaurant in Mumbai early Friday, police said, in the latest disaster to raise concerns over fire safety in India. Many of the victims were young women who were attending a birthday
Published 30 Dec, 2017 12:00am
Turkey frees another German 'political prisoner'

Turkey frees another German 'political prisoner'

Turkey has released another German citizen from jail, Berlin said Friday amid a gradual thaw in bilateral ties, stressing however that seven more were still being held for "political reasons". Without identifying the person, the German foreign ministry sa
Published 30 Dec, 2017 12:00am
Gunman kills nine in attack on Egypt church

Gunman kills nine in attack on Egypt church

A gunman opened fire on a church south of Cairo on Friday, killing at least nine people in the latest apparent jihadist attack on Egypt's Christian minority. The attacker targeted the Saint Mina Coptic church in the district of Helwan, just south of Cairo
Published 30 Dec, 2017 12:00am
Winter weather wreaks fresh UK travel havoc

Winter weather wreaks fresh UK travel havoc

Heavy snow caused travel disruption to airports and roads in parts of Britain on Friday, as the country again grappled with the impact of wintry weather. Glasgow Airport briefly suspended operations around 9 am (0900 GMT) after heavy snowfall, before reop
Published 30 Dec, 2017 12:00am
South Korea seizes Hong Kong ship for oil transfer to North

South Korea seizes Hong Kong ship for oil transfer to North

South Korea briefly seized and inspected a Hong Kong-registered ship in November for transferring oil products to a North Korean vessel and breaching UN sanctions, a foreign ministry official said Friday. The Lighthouse Winmore, which was chartered by a T
Published 30 Dec, 2017 12:00am
Ships blocked by UN: three from North Korea, one from Palau

Ships blocked by UN: three from North Korea, one from Palau

Of the four ships blocked from international ports under UN sanctions on North Korea, three are registered in the isolated country and a fourth flies the flag of Palau, according to the final list adopted by the world body. Diplomats had said on Thursday
Published 30 Dec, 2017 12:00am
Israeli troops wound 56 Palestinians in new clashes

Israeli troops wound 56 Palestinians in new clashes

At least 56 Palestinians were wounded by Israeli gunfire in the West Bank and Gaza on Friday as they protested in a fresh "day of rage" over US President Donald Trump's controversial recognition of Jerusalem as Israel's capital. Israeli forces also hit th
Published 30 Dec, 2017 12:00am
Football stars, Liberians hail George Weah's presidential victory

Football stars, Liberians hail George Weah's presidential victory

International football stars and Liberians on Friday celebrated George Weah's presidential victory in the West African country's first democratic transfer of power after two devastating civil wars, as the former ace striker vowed to usher in change. Idoli
Published 30 Dec, 2017 12:00am
England reject ball-tampering as rain halts victory push

England reject ball-tampering as rain halts victory push

England rejected ball-tampering allegations as a "beat-up" on Friday as rain frustrated their push for their first victory of the Ashes series against Australia. England's Alastair Cook carried his bat for a world-record 244 not out before David Warner, u
Published 30 Dec, 2017 12:00am
Debutant's double sparks West Indies meltdown in first T20

Debutant's double sparks West Indies meltdown in first T20

Debutant Seth Rance sparked a West Indies batting meltdown as New Zealand cruised to a 47-run victory in the opening Twenty20 match at Saxton Oval in Nelson on Friday. Rance took two wickets in successive balls in his second over, including the prized sca
Published 30 Dec, 2017 12:00am
New Sri Lankan cricket coach bans music at training

New Sri Lankan cricket coach bans music at training

New Sri Lanka cricket coach Chandika Hathurusingha pledged to get tough with the under-performing national team - including banning music in training - while demanding "full control" over selection. With the 1996 World Cup winners coming to the end of the
Published 30 Dec, 2017 12:00am
Ronaldo wins another Globe award

Ronaldo wins another Globe award

Real Madrid star Cristiano Ronaldo was Thursday named Globe Soccer's Best Player for the second year in a row and the fourth time overall although he wasn't present in person to receive his trophy. The Portuguese international also won the prize, organise
Published 30 Dec, 2017 12:00am
Sanchez gives record-equalling Wenger victory

Sanchez gives record-equalling Wenger victory

Alexis Sanchez scored twice in four second half minutes to give Arsenal manager Arsene Wenger victory on the night he equalled Alex Ferguson's Premier League record of matches in charge with a 3-2 win over Crystal Palace. Sanchez's brace - the second a be
Published 30 Dec, 2017 12:00am
No NAB investigations against Sethi

No NAB investigations against Sethi

Pakistan Cricket Board (PCB) spokesman has termed news regarding initiation of NAB investigations against PCB Chairman Najam Sethi as utterly false, frivolous and malicious. On behalf of its Chairman, PCB vehemently and unequivocally denies and refutes th
Published 30 Dec, 2017 12:00am
HBL PSL 2018 squad expansion

HBL PSL 2018 squad expansion

As many as eight players have been added in different categories of participating teams of HBL-PSL 2018. The players were added to the squad as per the decision taken at the PSL franchise stakeholder meeting held in Lahore. The players are: Salman Irshad
Published 30 Dec, 2017 12:00am
Djokovic pulls out of Mubadala Championship

Djokovic pulls out of Mubadala Championship

Former world number one and 12-time Grand Slam champion Novak Djokovic withdrew from the Mubadala World Tennis Championship on Friday with elbow pain to raise fresh doubts over his fitness. The 30-year-old Serbian star had targeted Abu Dhabi for his first
Published 30 Dec, 2017 12:00am
Khyber Agency win Youth Sports Festival

Khyber Agency win Youth Sports Festival

Khyber Agency clinched the overall trophy by securing 159 points in the Governor KP FATA Youth Sports Festival, concluded here at Qayyum Sports Complex on Friday. Minister of State for SAFRON, Galib Khan Wazir was the chief guest on this occasion. Member
Published 30 Dec, 2017 12:00am
Army defeat Black Horse Paints in Samba Bank Polo

Army defeat Black Horse Paints in Samba Bank Polo

Army defeated Black Horse Paints by 4-3 goals in a sudden death chukker to register a nail-biting victory in the Samba Bank Lahore Open Polo Championship 2017 here at the Lahore Polo Club ground on Friday. Omer Minhas emerged as top scorer from Army with
Published 30 Dec, 2017 12:00am
Aussie to seal best year since 2010, kiwi lags
Currency

Aussie to seal best year since 2010, kiwi lags

The Australian dollar was on track for a third straight week of gains on Friday, and its best annual performance in seven years, as optimism for global growth and strong commodity prices helped offset its shrinking yield advantage. The Australian dollar w
Published 30 Dec, 2017 12:00am
Yuan jumps to 3-1/2-month high

Yuan jumps to 3-1/2-month high

China's yuan leapt to a fresh 3-1/2-month high against the US dollar in thin trading on Friday, and is on course for its best year in nine, supported by broad weakness in the greenback. The dollar wallowed near a one-month low against a basket of currenci
Published 30 Dec, 2017 12:00am
Most Asian currencies end 2017 on positive note
Currency

Most Asian currencies end 2017 on positive note

Most Asian currencies edged higher in Friday's trade with the Taiwan dollar hitting its highest since 2013, while the US dollar languished near one-month lows. The dollar index which measures the greenback against a basket of six major currencies, was 0.0
Published 30 Dec, 2017 12:00am
Sri Lankan rupee falls
Currency

Sri Lankan rupee falls

The Sri Lankan rupee closed lower on Friday, ending the year 2.5 percent weaker, as demand for dollars from importers and banks outweighed inward remittances and conversion of the US currency by exporters, dealers said. The spot rupee closed at 153.60/65
Published 30 Dec, 2017 12:00am
Mexico peso slips
Currency

Mexico peso slips

Mexico's peso weakened on Thursday after the central bank expressed concern the inflation outlook has deteriorated, adding the currency could depreciate if talks to renegotiate the North American Free Trade Agreement are unfavorable. The minutes of the Me
Published 30 Dec, 2017 12:00am
Dollar falls against basket of currencies in New York
Currency

Dollar falls against basket of currencies in New York

The dollar fell to a one-month low versus a basket of currencies on Thursday on a less upbeat US growth outlook after the passage of major tax cuts, while bitcoin declined for a second day after South Korea stiffened rules on cryptocurrency trading. Commo
Published 30 Dec, 2017 12:00am
Early trade in New York: dollar index touches three-plus month lows

Early trade in New York: dollar index touches three-plus month lows

The dollar fell to its lowest in over three months against a basket of major currencies on Friday, on track for its biggest annual drop since 2003, on doubts over durability of a pickup in US economic growth in wake of last week's tax overhaul. One of the
Published 30 Dec, 2017 12:00am
Dollar slips to three-month low in Europe
Currency

Dollar slips to three-month low in Europe

  • The dollar slipped to its lowest in more than three months against a basket of major currencies on Friday as the euro and sterling climbed, putting the greenback on track for an almost 10 percent fall over the year - its worst showing since 2003. The do
Published 30 Dec, 2017 12:00am
Dollar wallows near one-month low in Asia
Currency

Dollar wallows near one-month low in Asia

The dollar wallowed near a one-month low against a basket of currencies on Friday, while commodity currencies such as the Australian and Canadian dollars were at two-month highs thanks to firmer energy and metals prices. The dollar index against a basket
Published 30 Dec, 2017 12:00am
FTSE ends 2017 on a high

FTSE ends 2017 on a high

The UK's top share index hit a new record on the final trading day of 2017, carried higher by buoyant cyclical stocks. At the end of a holiday-shortened session, the blue chip FTSE 100 index was up 0.9 percent at 7,687.77 points, rallying into the close a
Published 30 Dec, 2017 12:00am
Australian, New Zealand shares end 2017 with solid annual gains

Australian, New Zealand shares end 2017 with solid annual gains

Australian shares finished lower on Friday, dragged by financials, but posting their best annual performance since 2013 on the last trading day of the year. The S&P/ASX 200 index fell 0.4 percent, or 23.0 points, to 6,065.1 at the close of trade. The benc
Published 30 Dec, 2017 12:00am
Sri Lankan shares rise; up 2.3 percent in 2017

Sri Lankan shares rise; up 2.3 percent in 2017

Sri Lankan shares rose for a sixth straight session in muted trade on Friday, ending 2017 with a modest 2.3 percent gain after two consecutive annual losses. The Colombo Stock Index edged up 0.08 percent to 6,369.26, its highest since December 8 and posti
Published 30 Dec, 2017 12:00am
European shares score best year since 2013 on tech and mining surge

European shares score best year since 2013 on tech and mining surge

European stocks inched lower on Friday, the final trading day of 2017, scoring their strongest year of gains since 2013 thanks to a surge among tech stocks and a robust resources sector. The pan-European STOXX 600 index fell 0.1 percent in thin volumes on
Published 30 Dec, 2017 12:00am
China stocks end 2017 with strong gains
Exchange

China stocks end 2017 with strong gains

China stocks ended higher on Friday, capping a strong year of gains as domestic and global investors increased their exposure to mainland markets despite worries about a slowing economy and further regulatory crackdowns. At the close, the Shanghai Composi
Published 30 Dec, 2017 12:00am
Treasury prices dip

Treasury prices dip

US Treasury prices dipped on Thursday, giving back some of Wednesday's strong month-end extension rally, after the Treasury Department sold $28 billion of seven-year notes to moderate demand. Benchmark 10-year note yields fell as low as 2.407 percent on W
Published 30 Dec, 2017 12:00am
Treasury prices dip

Treasury prices dip

US Treasury prices dipped on Thursday, giving back some of Wednesday's strong month-end extension rally, after the Treasury Department sold $28 billion of seven-year notes to moderate demand. Benchmark 10-year note yields fell as low as 2.407 percent on W
Published 30 Dec, 2017 12:00am
Hong Kong stocks end 2017 up 36 percent

Hong Kong stocks end 2017 up 36 percent

Hong Kong stocks closed higher for their fifth consecutive session on Friday, bringing the Hang Seng's gains this year to 36 percent, the biggest annual percentage rise since 2009. The market's stellar performance this year was fuelled by a global economi
Published 30 Dec, 2017 12:00am
Wall Street rises as financials, tech advance
Exchange

Wall Street rises as financials, tech advance

US stocks edged higher in light trading on Thursday, buoyed by gains in financial stocks and as technology stocks continued to slowly recover from a losing skid. Tech stocks added 0.1 percent and notched their second straight gain on the heels of a five-s
Published 30 Dec, 2017 12:00am
Friday's early afternoon trade: technology, financial stocks down

Friday's early afternoon trade: technology, financial stocks down

Losses in technology and financial stocks weighed on Wall Street on the last trading day of 2017, in what has been a banner year for US shares. Major indexes hit a series of record highs in 2017, riding on strong economic growth, solid corporate earnings
Published 30 Dec, 2017 12:00am
Nikkei index recovers to quarter-century high in 2017

Nikkei index recovers to quarter-century high in 2017

Tokyo's benchmark Nikkei index ended Friday fractionally lower but finished the year at a quarter-century high thanks to record rallies on Wall Street and brisk results from Japan Inc. The bellwether index surged 19.1 percent from a year earlier to 22,764
Published 30 Dec, 2017 12:00am
Indian shares post biggest yearly gain since 2014
Exchange

Indian shares post biggest yearly gain since 2014

Indian shares ended higher on Friday, posting their biggest yearly gain in three, as strong foreign fund inflows, hopes of an improving economy and higher corporate earnings boosted investor confidence. The BSE index rose 0.62 percent to end the year at 3
Published 30 Dec, 2017 12:00am
UK firms see Q4 pickup, expect slowdown in early 2018: CBI

UK firms see Q4 pickup, expect slowdown in early 2018: CBI

British businesses reported a pickup in growth in the three months to December but they expect a slowdown in early 2018 as high inflation takes its toll on households, the Confederation of British Industry said on Thursday.
Published 30 Dec, 2017 12:00am
Sudan, Saudi Arabia to restore banking ties
Currency

Sudan, Saudi Arabia to restore banking ties

Sudan and Saudi Arabia have agreed to re-establish banking relations, the official Sudanese news agency SUNA said, a move that may help restore confidence in Sudan's economy after the lifting of US economic sanctions. The agreement, which will allow for b
Published 30 Dec, 2017 12:00am
Nintendo eyes 20 millions Switch sales

Nintendo eyes 20 millions Switch sales

Nintendo is expecting to sell more than 20 million of its new "Switch" consoles in the next fiscal year, the firm's president said, with sales outpacing its smash-hit Wii console in some places. Tatsumi Kimishima told Thursday's Kyoto Shimbun newspaper th
Published 30 Dec, 2017 12:00am
Thai factory output rises

Thai factory output rises

Thailand's annual industrial output rose more than expected in November, after falling in the previous month, on higher production of cars, engines and rubber products. The manufacturing production index (MPI) in November rose 4.23 percent from a year ear
Published 30 Dec, 2017 12:00am
US, South Korea to hold trade talks next week

US, South Korea to hold trade talks next week

US and South Korean delegates will meet in Washington on January 5 for talks on possible amendments to their free trade agreement, officials announced Thursday. The Trump administration initiated talks to renegotiate the United States-Korea (KORUS) free t
Published 30 Dec, 2017 12:00am
Watchdog slams Lufthansa over 'algorithm' price hikes

Watchdog slams Lufthansa over 'algorithm' price hikes

Germany's competition watchdog on Thursday rubbished Lufthansa's claim that recent price hikes on domestic routes were purely down to automated booking software, saying companies shouldn't "hide behind algorithms". Germany's Federal Cartel Office (FCO) is
Published 30 Dec, 2017 12:00am
Philippines bank left red-faced over 'faceless' notes
Currency

Philippines bank left red-faced over 'faceless' notes

The Philippine central bank said Thursday it accidentally released defective 100-peso bills with the face of a former president left out. Officials at the Bangko Sentral ng Pilipinas (BSP) made the admission after a woman's Facebook post showing the defec
Published 30 Dec, 2017 12:00am
South Africa trade surplus soars to 13 billion rand

South Africa trade surplus soars to 13 billion rand

South Africa's trade surplus soared to 13.02 billion rand ($1.06 billion) in November, its highest in a one-and-a-half years as exports of mineral and chemical products as well as commodities and vehicles grew briskly while imports were subdued. It was a
Published 30 Dec, 2017 12:00am
Hong Kong property market shatters price records for 13th straight month

Hong Kong property market shatters price records for 13th straight month

Hong Kong's private home prices broke historic records for the 13th straight month in November, with the ascent showing no immediate signs of ending and analysts expecting the rise to continue into next year. Private home prices rose by 1.08 percent in No
Published 30 Dec, 2017 12:00am
Protests rally in western Iran, some demonstrators detained in Tehran

Protests rally in western Iran, some demonstrators detained in Tehran

Iranian police dispersed anti-government protesters in the western city of Kermanshah on Friday, the Fars semi-official news agency said, as protests spread to Tehran and apparently several other cities a day after rallies in the northeast. The outbreak o
Published 30 Dec, 2017 12:00am
Trump targets Amazon in call for postal service to hike prices

Trump targets Amazon in call for postal service to hike prices

US President Donald Trump targeted online retailer Amazon on Friday in a call for the country's postal service to raise prices of shipments in order to recoup costs. "Why is the United States Post Office, which is losing many billions of dollars a year, w
Published 30 Dec, 2017 12:00am
Singaporeans charged over $7 million metro scandal

Singaporeans charged over $7 million metro scandal

Four Singaporean men were Friday charged over a scandal involving contracts for the metro worth almost Sg$10 million ($7.4 million), the latest problem to hit the financial hub's train network. The prosecution of the group, which included former and curre
Published 30 Dec, 2017 12:00am
UK receives first shipment from new Russian LNG project

UK receives first shipment from new Russian LNG project

The first tanker carrying liquefied natural gas (LNG) from a new Russian plant in the Siberian Arctic has docked in Britain, the National Grid operator said on Friday. The shipment - estimated at some 170,000 cubic metres - arrived on the Christophe de Ma
Published 30 Dec, 2017 12:00am
Eurozone economy picks up pace of borrowing
Currency

Eurozone economy picks up pace of borrowing

Growth in lending to eurozone businesses and households picked up in November, official data showed Friday, in an encouraging sign for European Central Bank chiefs as they begin withdrawing support for the economy. The pace of growth in loans to the priva
Published 30 Dec, 2017 12:00am
US Upper Midwest factory sector grows fastest in three years

US Upper Midwest factory sector grows fastest in three years

A gauge of factory activity in the US Upper Midwest improved to the strongest level in over three years in December, led by much stronger readings on new orders and production, according a private survey released on Friday. Marquette University and the In
Published 30 Dec, 2017 12:00am
Airbus sprints from behind in bid to upset Boeing order lead

Airbus sprints from behind in bid to upset Boeing order lead

Airbus is pulling out the stops to try and take the lead in its annual order contest with Boeing, lining up a spree of billion dollar deals to close a traumatic year dominated by management upheaval and corruption investigations. Deals announced this week
Published 30 Dec, 2017 12:00am
US FOB Gulf corn bids rise

US FOB Gulf corn bids rise

Basis bids for corn shipped by barge to the US Gulf Coast spiked on Wednesday amid expectations that parts of the Illinois River will freeze and impede river traffic, traders said. Soyabean barge bids also firmed as soyabean and corn farmer sales remained
Published 30 Dec, 2017 12:00am
Cotton prices hit season's high
Cotton

Cotton prices hit season's high

Prices touched season's high on the cotton market on Friday in the process of trading, dealers said. The official spot rate was higher by Rs 100 to Rs 7100, they said. In ready session, around 10,000 bales of cotton changed hands between Rs 6450-7700, the
Published 30 Dec, 2017 12:00am
Activities at Karachi & Qasim Ports

Activities at Karachi & Qasim Ports

The Karachi Port handled 152,382 tonnes of cargo comprising 113,399 tonnes of import cargo and 38,983 tonnes of export cargo including 6,702 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday.
Published 30 Dec, 2017 12:00am
US natural gas futures rise on more heating demand

US natural gas futures rise on more heating demand

US natural gas futures rose nearly 4 percent in thin trade on Wednesday, supported by forecasts for more heating demand due to colder temperatures. On its last day as the front month, gas futures for January delivery settled up 9.5 cents, or 3.6 percent,
Published 30 Dec, 2017 12:00am
European wheat falls to one-month low
Currency

European wheat falls to one-month low

European wheat fell to a one-month low on Wednesday after a four-day Christmas break, pressured by the rise of the euro hampering European wheat's competitiveness on world markets and shrugging off a rise on US markets. Egypt bought 180,000 tonnes of Russ
Published 30 Dec, 2017 12:00am
Palm oil firmer on European vegoils market
Vegetable Oil

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market firmed on Wednesday, the first trading day after the Christmas break, following strong gains in Malaysian palm oil futures on improved exports during the first 25 days of December.
Published 30 Dec, 2017 12:00am
CBOT soyabean futures fall on profit-taking

CBOT soyabean futures fall on profit-taking

Chicago Board of Trade soyabean futures fell from a 1-1/2-week high on Wednesday, declining as investors locked in profits and soyameal prices weakened, traders said. Soyabeans had climbed the previous two sessions, buoyed by worries that dry weather coul
Published 30 Dec, 2017 12:00am
Chinese steel futures drop for third day as demand weak
Exchange

Chinese steel futures drop for third day as demand weak

Chinese steel futures dropped for a third straight session on Wednesday, as demand remained weak during the winter months, weighing on spot physical prices. Spot rebar prices tumbled by as much as 400 yuan to 4,330 to 4,350 yuan ($660-$663) a tonne in Sha
Published 30 Dec, 2017 12:00am
HRW wheat bids steady

HRW wheat bids steady

Cash spot basis bids for hard red winter (HRW) wheat in the southern US Plains were generally steady on Wednesday, but rose in Goodland, Kansas sparked by increased demand, merchants said. The Chicago Board of Trade's K.C. March HRW wheat futures contract
Published 30 Dec, 2017 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,224. The traded value of Metals, Energy and COTS/FX was recorded at PKR 2.434 billion and the number of lots traded was 6,705.
Published 30 Dec, 2017 12:00am
Message from President ICAP

Message from President ICAP

ICAP continuously introduces initiatives to cater to the Finance professionals working in the industry and firms; National Finance Olympiad being one of them. I would like to extend my gratitude to Unilever Pakistan, all jury members for taking out time f
Published 30 Dec, 2017 12:00am
Message from Chairman PAIB Committee

Message from Chairman PAIB Committee

NFO is the first ever finance championship in Pakistan and it is an honor that ICAP is the one organizing it for the professional development of the finance professionals in Pakistan. The event serves to engage finance professionals in their professional
Published 30 Dec, 2017 12:00am
Message from Chief Financial Officer Unilever Pakistan

Message from Chief Financial Officer Unilever Pakistan

Unilever Pakistan is proud of it's partnership with the ICAP for the National Finance Olympiad to provide a unique platform for professional learning and development. It is heartening to see how a small step can make a huge difference in the development o
Published 30 Dec, 2017 12:00am
Winners of NFO 2017

Winners of NFO 2017

Message from Winner of NFO 2017 EY Ford Rhodes
Published 30 Dec, 2017 12:00am
About National Finance Olympiad

About National Finance Olympiad

The National Finance Olympiad (NFO) is a unique initiative brought by ICAP in collaboration with Unilever Pakistan to bring to limelight the talent of finance and accounting professionals in Pakistan. The concept of NFO has been conceived to entice financ
Published 30 Dec, 2017 12:00am
About ICAP PAIB Committee

About ICAP PAIB Committee

Professional Accountants In Business (PAIBs) constitute over 70% of ICAP membership. They work in various roles as business and financial leaders, strategic partners and advisors to create sustainable value for their organizations. The PAIB Committee of t
Published 30 Dec, 2017 12:00am
The Yemen conundrum

The Yemen conundrum

Two Islamic countries, by proxy, are engaged in a bloody war, in a third Islamic country. Each believes, they are righteous and on the side of fairness. Political illusions are best deceptions for the rulers, who tame their masses, with incredible use of
Published 30 Dec, 2017 12:00am
Discovery of neutron star collision is 'breakthrough' of 2017

Discovery of neutron star collision is 'breakthrough' of 2017

The world's first-ever detection of two faraway neutron stars colliding, causing a massive blast that rippled through the fabric of space and time, was judged the scientific breakthrough of 2017, the journal Science said this month.
Published 30 Dec, 2017 12:00am
Why a walk in the park beats a stroll on the street

Why a walk in the park beats a stroll on the street

Older adults who take a daily constitutional may want to avoid traffic-jammed city streets and head to a park instead because polluted air diminishes the benefits of exercise, a UK study suggests. Researchers in London randomly assigned 119 men and women
Published 30 Dec, 2017 12:00am
Rubber bullets are not safe: study

Rubber bullets are not safe: study

About three in every 100 people injured by rubber bullets died as a result, according to a review of recorded casualties published Tuesday, calling for alternative crowd control measures. A team of US-based researchers looked at 26 scientific reports publ
Published 30 Dec, 2017 12:00am
ART FACTS: moments of aberration

ART FACTS: moments of aberration

Maqbool Ahmed's temporary departure from a normal state of mind takes him to the world of paintings he has been creating for the last several decades. This momentary lapse in mental state resulted in a world he created around him in the form of paintings.
Published 30 Dec, 2017 12:00am
Fashion trends to follow in 2018

Fashion trends to follow in 2018

As we get ready to welcome the New Year, it is time to plan for a new set of trends. We bring you the most targeted trends from sheer clothing to sparkly shoes. Follow these ideas to highlight your personality throughout the year 2018.
Published 30 Dec, 2017 12:00am
'Virtual gold' may glitter, but mining it can be really dirty
Currency

'Virtual gold' may glitter, but mining it can be really dirty

As the poster child for the growing ranks of computer-generated currencies, bitcoin's recent stratospheric price rises have propelled it from the chat forum-hosted depths of nerddom into the global consciousness. As it rose from under $1,000 to over $19,5
Published 30 Dec, 2017 12:00am
Artificial intelligence finds solar system with eight planets like ours

Artificial intelligence finds solar system with eight planets like ours

A solar system with as many planets as our own has been discovered with the help of NASA's Kepler space telescope and artificial intelligence, the US space agency said last Thursday. "Our solar system now is tied for most number of planets around a single
Published 30 Dec, 2017 12:00am
Are earthlings alone? Half of humans believe in alien life

Are earthlings alone? Half of humans believe in alien life

Nearly half of humans believe in alien life and want to make contact, a survey in 24 countries has found, in what researchers said helps to explain the lasting popularity of the "Star Wars" franchise 40 years after the first movie was screened.
Published 30 Dec, 2017 12:00am
Colossal distant black hole holds surprises about early universe

Colossal distant black hole holds surprises about early universe

The oldest and most distant black hole ever observed - a celestial brute 800 million times more massive than the sun - is providing scientists some surprises about the nature of the universe when, on a cosmic scale, it was a mere toddler.
Published 30 Dec, 2017 12:00am
Beauty in 3D: Taiwan filmmaker's vibrant vision

Beauty in 3D: Taiwan filmmaker's vibrant vision

From the migration of purple butterflies to the crafting of bamboo steam baskets, Taiwan's leading 3D film director has spent a decade painstakingly capturing the island's beauty.
Published 30 Dec, 2017 12:00am
'In the Fade' star Diane Kruger on her real-life agony

'In the Fade' star Diane Kruger on her real-life agony

It is the most intense, critically-acclaimed role of her career, but Diane Kruger hardly had to act at all to play a grief-stricken woman robbed of her family in a bombing. Kruger was filming "In the Fade" - Fatih Akin's German thriller about a woman who
Published 30 Dec, 2017 12:00am
BRIDGE NOTES: meeting challenge with challenge

BRIDGE NOTES: meeting challenge with challenge

The challenges one meets at Bridge are innumerably varied and vast from the bidding to the play and defense. Let us start with a simple issue that confronts the reader as south holding:
Published 30 Dec, 2017 12:00am
Chilled music: performer makes instruments out of ice

Chilled music: performer makes instruments out of ice

While most musicians seek to avoid a frosty reception at concerts, for Norwegian composer and performer Terje Isungset a chilly feeling is nothing to fear: he performs with instruments he makes himself out of ice. A recent performance at London's Royal Fe
Published 30 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 30 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 30 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 29, 2017).

Published 30 Dec, 2017 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (December 29, 2017).
Published 30 Dec, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (December 29, 2017).

Published 30 Dec, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (December 29, 2017).

Published 30 Dec, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (December 29, 2017).

Published 30 Dec, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (December 29, 2017).

Published 30 Dec, 2017 12:00am
Imran levels fresh allegations against Dar, Sharifs

Imran levels fresh allegations against Dar, Sharifs

Terming Ishaq Dar as Nawaz Sharif's 'frontman in corruption mafia' Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan Friday claimed that 11 more companies owned by Dar have surfaced in Dubai. Speaking at a presser, he said that out of 11 companies owned
Published 30 Dec, 2017 12:00am
Imran levels fresh allegations against Dar, Sharifs

Imran levels fresh allegations against Dar, Sharifs

Terming Ishaq Dar as Nawaz Sharif's 'frontman in corruption mafia' Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan Friday claimed that 11 more companies owned by Dar have surfaced in Dubai. Speaking at a presser, he said that out of 11 companies owned
Published 30 Dec, 2017 12:00am
PPP will abide by all decisions taken by APC: Zardari

PPP will abide by all decisions taken by APC: Zardari

Co-Chairman of Pakistan People's Party (PPP) Asif Ali Zardari Friday said that he would abide by all the decisions taken in the All Parties Conference (APC) of Dr Tahirul Qadri, to be held on Saturday (today). He was addressing a joint press conference al
Published 30 Dec, 2017 12:00am
PPP will abide by all decisions taken by APC: Zardari

PPP will abide by all decisions taken by APC: Zardari

Co-Chairman of Pakistan People's Party (PPP) Asif Ali Zardari Friday said that he would abide by all the decisions taken in the All Parties Conference (APC) of Dr Tahirul Qadri, to be held on Saturday (today). He was addressing a joint press conference al
Published 30 Dec, 2017 12:00am
Nawaz leaving for Saudi Arabia today

Nawaz leaving for Saudi Arabia today

Pakistan Muslim League-Nawaz (PML-N) president Nawaz Sharif is leaving for Saudi Arabia on a high-profile visit on Saturday (today). Sources said that Nawaz Sharif is expected to meet Turkish premier and Saudi Arabia's top brass. Political analysts are te
Published 30 Dec, 2017 12:00am
Nawaz leaving for Saudi Arabia today

Nawaz leaving for Saudi Arabia today

Pakistan Muslim League-Nawaz (PML-N) president Nawaz Sharif is leaving for Saudi Arabia on a high-profile visit on Saturday (today). Sources said that Nawaz Sharif is expected to meet Turkish premier and Saudi Arabia's top brass. Political analysts are te
Published 30 Dec, 2017 12:00am
China temporarily waives taxes to get foreign firms to stay

China temporarily waives taxes to get foreign firms to stay

China will temporarily waive income taxes for foreign companies on profits they reinvest in the country as Beijing battles to retain foreign firms and investment. The finance ministry announced Thursday the new tax policy, which will apply retroactively f
Published 30 Dec, 2017 12:00am
China temporarily waives taxes to get foreign firms to stay

China temporarily waives taxes to get foreign firms to stay

China will temporarily waive income taxes for foreign companies on profits they reinvest in the country as Beijing battles to retain foreign firms and investment. The finance ministry announced Thursday the new tax policy, which will apply retroactively f
Published 30 Dec, 2017 12:00am
China temporarily waives taxes to get foreign firms to stay

China temporarily waives taxes to get foreign firms to stay

China will temporarily waive income taxes for foreign companies on profits they reinvest in the country as Beijing battles to retain foreign firms and investment. The finance ministry announced Thursday the new tax policy, which will apply retroactively f
Published 30 Dec, 2017 12:00am
Dilemma for ECB as German inflation hits five-year high
Currency

Dilemma for ECB as German inflation hits five-year high

German inflation hit its highest level in five years in 2017, initial data showed on Friday, sowing the seeds of more discord among rate setters at the European Central Bank, where some policymakers want to stop pouring money into the euro zone. Consumer
Published 30 Dec, 2017 12:00am
Dilemma for ECB as German inflation hits five-year high
Currency

Dilemma for ECB as German inflation hits five-year high

German inflation hit its highest level in five years in 2017, initial data showed on Friday, sowing the seeds of more discord among rate setters at the European Central Bank, where some policymakers want to stop pouring money into the euro zone. Consumer
Published 30 Dec, 2017 12:00am
Dilemma for ECB as German inflation hits five-year high
Currency

Dilemma for ECB as German inflation hits five-year high

German inflation hit its highest level in five years in 2017, initial data showed on Friday, sowing the seeds of more discord among rate setters at the European Central Bank, where some policymakers want to stop pouring money into the euro zone. Consumer
Published 30 Dec, 2017 12:00am
BRIndex100 consolidates gains
Exchange

BRIndex100 consolidates gains

Pakistan Stock Exchange (PSX) continued upward drive on the last trading day of the week Friday. BRIndex100 gained 1.66 points or 0.04 percent to close at 4,294.90 points. BRIndex100 opened at 4,293.24 points and touched intraday high of 4,320.38 points a
Published 30 Dec, 2017 12:00am