BR100 Decreased By (-0.2%)
BR30 Decreased By (-0.19%)
KSE100 Decreased By (-0.04%)
KSE30 Decreased By (-0.06%)
BECO 5.70 Increased By ▲ 0.02 (0.35%)
BML 64.94 Increased By ▲ 0.10 (0.15%)
BOP 33.91 Increased By ▲ 0.31 (0.92%)
CNERGY 8.22 Decreased By ▼ -0.02 (-0.24%)
DCL 11.47 Increased By ▲ 0.12 (1.06%)
FCCL 52.70 Decreased By ▼ -0.21 (-0.4%)
FCSC 5.50 Decreased By ▼ -0.02 (-0.36%)
FFL 17.87 Increased By ▲ 0.07 (0.39%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.22 Decreased By ▼ -0.02 (-0.18%)
KEL 7.88 Decreased By ▼ -0.09 (-1.13%)
KOSM 5.54 Increased By ▲ 0.10 (1.84%)
MLCF 86.07 Increased By ▲ 0.06 (0.07%)
NBP 184.84 Decreased By ▼ -0.16 (-0.09%)
PACE 11.77 Decreased By ▼ -0.25 (-2.08%)
PAEL 40.51 Increased By ▲ 0.30 (0.75%)
PIAHCLA 25.99 Increased By ▲ 0.26 (1.01%)
PIBTL 17.16 Decreased By ▼ -0.16 (-0.92%)
PPL 224.80 Decreased By ▼ -0.50 (-0.22%)
PRL 34.49 Increased By ▲ 0.11 (0.32%)
PTC 64.65 Decreased By ▼ -0.81 (-1.24%)
SEARL 90.89 Increased By ▲ 0.38 (0.42%)
SSGC 26.81 Increased By ▲ 0.05 (0.19%)
TELE 9.26 Increased By ▲ 0.30 (3.35%)
THCCL 68.54 Decreased By ▼ -0.90 (-1.3%)
TPLP 10.89 Decreased By ▼ -0.42 (-3.71%)
TREET 24.81 Increased By ▲ 0.26 (1.06%)
TRG 71.73 Increased By ▲ 0.06 (0.08%)
WAVES 11.20 Decreased By ▼ -0.25 (-2.18%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)
اردو
Android App
Print Edition Dollar to PKR
Budget 2026-27 Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices
Archive - 2018-01-12
Good signs for remittances
Banking

Good signs for remittances

The slowdown in home remittances has been flagged as a concern too many times for a country that depends on these inflow
Updated 16 Jan, 2018 07:08am
No steering needed
Featured Photos

No steering needed

GM's planned Cruise AV driverless car features no steering wheel or pedals in a still image from video released Janu
Published 12 Jan, 2018 12:55pm
Virtual Currency Girls
Featured Photos

Virtual Currency Girls

Members of Japan's idol group "Virtual Currency Girls" wearing cryptocurrency-themed masks perform in their debut st
Published 12 Jan, 2018 11:42am
To-do list for ADB Pakistan
Banking

To-do list for ADB Pakistan

The ADB Pakistan office has lately been touring provincial capitals in the country to seek ideas on how it can support e
Published 12 Jan, 2018 06:30am
The US aid 'figures'

The US aid 'figures'

Business Recorder has been consistently focusing on the likely impact of the US aid suspension through its op-eds and editorials in an impressive manner. It has been noticed that some senior officials-unlike their President Donald Trump-have been r
Published 12 Jan, 2018 12:00am
Quality training enables youth to become productive citizen: envoy

Quality training enables youth to become productive citizen: envoy

Quality vocational training enables the youth to become a productive part of the overall socio-economic uplift of a country, Martin Kobler, the German Ambassador to Pakistan said here on Thursday. The German envoy said this while interacting with trainers
Published 12 Jan, 2018 12:00am
Customs value of buttons revised

Customs value of buttons revised

The Directorate General Customs Valuation (DGCV) has revised the customs values of buttons under section 25 (7) of the Customs Act, 1969. According to details, a representation was received from M/s Goldy's Enterprises, Lahore through Board vide letter C.
Published 12 Jan, 2018 12:00am
GCCI lauds government for overcoming power crisis

GCCI lauds government for overcoming power crisis

The Gujranwala Chamber of Commerce and Industry has lauded the government for ending the chronic prolonged electricity outages and making the country self-sufficient as the nationwide shortage in electricity was the most damaging and chronic problem facin
Published 12 Jan, 2018 12:00am
SBP BPRD director

SBP BPRD director

Muhammad Akhtar Javed has assumed charge as Director Banking Policy & Regulations Department (BPRD), State Bank of Pakistan, Karachi, on Wednesday.
Published 12 Jan, 2018 12:00am
Lahore High Court moved to stay Hajj policy

Lahore High Court moved to stay Hajj policy

A law firm on Thursday approached the Lahore High Court seeking directives to stop Hajj policy 2018. The petitioner Azhar Siddique advocate submitted that the federal government was not complying with the court orders to ensure transparency in distributio
Published 12 Jan, 2018 12:00am
Rs 26 billion needed to address T&D systems' constraints

Rs 26 billion needed to address T&D systems' constraints

Ministry of Energy (Power Division) has reportedly estimated an investment of Rs 26 billion to address constraints in transmission and distribution systems and replacement of bare conductors with ABC cable to ensure smooth power supply during summer 2018,
Published 12 Jan, 2018 12:00am
PM, CoAS visit SSG HQs in Cherat

PM, CoAS visit SSG HQs in Cherat

Prime Minister Shahid Khaqan Abbasi and Chief of Army Staff (CoAS) General Qamar Javed Bajwa visited Special Services Group (SSG) Headquarters in Cherat. According to Inter-Services Public Relations, the Prime Minister laid a floral wreath at the Martyrs'
Published 12 Jan, 2018 12:00am
Construction of zoo-cum-botanical garden begins

Construction of zoo-cum-botanical garden begins

Federal Minister for Climate Change Senator Mushahidullah Khan inaugurated the construction work of a boundary wall around proposed zoo-cum-botanical garden, here at Bhara Kahu on Thursday.
Published 12 Jan, 2018 12:00am
World Bank Country Director meets Miftah

World Bank Country Director meets Miftah

World Bank Country Director, Patchamouthou Illangovan here Thursday met Adviser to Prime Minister on Finance, Miftah Ismail and discussed with him ongoing and future World Bank funded projects and progragmmes, says a press release.
Published 12 Jan, 2018 12:00am
Meezan Bank named 'Best Islamic Retail Bank' in World

Meezan Bank named 'Best Islamic Retail Bank' in World

Meezan Bank, Pakistan's leading Islamic Bank has been declared the 'Best Islamic Retail Bank' for 2017 by Islamic Finance News of RED money Group, Malaysia. The Malaysian IFN Awards go to the best in the Islamic financial industry across the world and are
Published 12 Jan, 2018 12:00am
Democracy, strengthens country and constitution, says Shahi

Democracy, strengthens country and constitution, says Shahi

Chairman of Senate's Functional Committee on Devolution Process, Senator Mir Kabir Ahmad Muhammad Shahi on Thursday said that democracy and federal form of government are source to strengthen the country and Constitution of Pakistan and protect rights of
Published 12 Jan, 2018 12:00am
International trade: FBR sets up PMO in Customs Wing
Exchange

International trade: FBR sets up PMO in Customs Wing

The Federal Board of Revenue (FBR) has established Program Management Office (PMO) in Customs Wing which will be responsible for the design, implementation and management of the 'National Single Window'- a global initiative for international trade facilit
Published 12 Jan, 2018 12:00am
ICT's housing societies Senate sub-committee seeks audit reports

ICT's housing societies Senate sub-committee seeks audit reports

A sub-committee of the Senate Committee for Cabinet Secretariat has sought a comprehensive report about the number of housing societies in the federal capital and their audit reports. The panel met here at the Parliament House under the chairmanship of Se
Published 12 Jan, 2018 12:00am
War against terrorism fought from own resources: FO

War against terrorism fought from own resources: FO

Foreign Office on Thursday underscored the need for strengthening international cooperation to deal with common threat of terrorism emanating from militant groups in Afghanistan, saying Pakistan is engaged with the United States on issue of security coope
Published 12 Jan, 2018 12:00am
MQM-P delegation visits Zainab's family

MQM-P delegation visits Zainab's family

A delegation of Muttahida Qaumi Movement Pakistan (MQM-P) arrived in the city to visit the bereaved family of ill-fated Zainab who was brutally murdered by an unidentified person. The delegation consisted of Shabbir Ahmed Qaim Khani and Opposition Leader
Published 12 Jan, 2018 12:00am
Bilawal condoles with Zainab's family

Bilawal condoles with Zainab's family

Pakistan People's Party (PPP) Punjab General Secretary Chaudhry Manzoor Ahmed visited the family of ill-fated and brutally murdered Zainab in Kasur on behalf of Chairman Bilawal Bhutto Zardari and offered condolence to her father the other day.
Published 12 Jan, 2018 12:00am
Zardari hints at not becoming part of any undemocratic move

Zardari hints at not becoming part of any undemocratic move

Co-chairman of Pakistan Peoples Party (PPP) Asif Ali Zardari has hinted that neither his party will take any unconstitutional step nor become a part of any non-democratic move against the ruling Pakistan Muslim League-Nawaz (PML-N) government. Addressing
Published 12 Jan, 2018 12:00am
Strengthening of economy: Japanese envoy praises Pakistan's efforts

Strengthening of economy: Japanese envoy praises Pakistan's efforts

Ambassador of Japan, Takashi Kurai called on the Minister of State for Finance Rana Muhammad Afzal Khan here on Thursday morning. Kurai congratulated the Minister on assuming his responsibilities. He praised the efforts made by Pakistan to eradicate extre
Published 12 Jan, 2018 12:00am
Kasur incident: lawyers demand Shahbaz, Sana's resignation

Kasur incident: lawyers demand Shahbaz, Sana's resignation

The legal fraternity Thursday observed strike against the brutal incident of Zainab Ameen of Kasur and demanded resignation of Chief Minister Punjab Shehbaz Sharif and provincial law minister Rana Sana Ullah.
Published 12 Jan, 2018 12:00am
CJP commits himself to improving social sector

CJP commits himself to improving social sector

Responding to criticism over his recent visit to Mayo Hospital Lahore, Chief Justice Mian Saqib Nisar expressed commitment to burn the midnight oil for improvement of social sector in the country. Heading a three-member bench hearing a suo motu case on pr
Published 12 Jan, 2018 12:00am
Tevta in collaboration with TRG to train 2000 youths

Tevta in collaboration with TRG to train 2000 youths

Chairman Technical Education and Vocational Training Authority (TEVTA) Irfan Qaiser Sheikh said that TEVTA in collaboration with world's leading support company TRG will provide Call Centre Customer Support training to 2000 youth across the Punjab.
Published 12 Jan, 2018 12:00am
Imran asks workers to join Qadri's anti-government movement

Imran asks workers to join Qadri's anti-government movement

Chairman Pakistan Tehreek-e-Insaf Imran Khan on Thursday gave call to his "tigers and tigresses" to get ready for anti-government movement of Dr Tahirul Qadri who is set to start his grand protest on January 17. Speaking at a presser here, he once again c
Published 12 Jan, 2018 12:00am
NAB arrests two accused for cheating public at large

NAB arrests two accused for cheating public at large

The National Accountability Bureau (NAB) has arrested two accused for depriving public of their hard earned money and causing loss of millions to national exchequer. The NAB Lahore produced accused Muhammad Abbas and Anwar-ul-Haq before an accountability
Published 12 Jan, 2018 12:00am
TCF spends Rs 3.62 billion on children's education: report

TCF spends Rs 3.62 billion on children's education: report

The Citizens Foundation (TCF) said on Thursday that it spent Rs 3.62 billion on education on educating children in less privileged areas of the country last year. The school's annual report stated that the organization is providing education to around 204
Published 12 Jan, 2018 12:00am
Chinese team meets Karachi Mayor

Chinese team meets Karachi Mayor

A delegation comprising representatives of Chinese company Wang Tat called on Mayor Karachi Wasim Akhtar in his office on Thursday to discuss the possibilities of mutual cooperation and work on projects of Karachi. The company which has vast experience an
Published 12 Jan, 2018 12:00am
SICIC's performance reviewed
Exchange

SICIC's performance reviewed

A meeting to review the performance of the Sindh Investment Climate Improvement Cell (SICIC) for implementation of the 100 days to Excellence in Doing Business Reforms Plan was held on Thursday under the chairmanship of Shabbir Ahmed, ACS, Information, Sc
Published 12 Jan, 2018 12:00am
Muftis for awarding stern punishment to Zainab's murderer

Muftis for awarding stern punishment to Zainab's murderer

More than 50 muftis (religious scholars) have issued a fatwa (decree) for a strict punishment to murderer of Zainab, a seven-year-old victim of rape and murder in district Kasur. Organisation of Ittehad Ummat-e-Pakistan Chairman Muhammad Zia-ul-Haq Naqshb
Published 12 Jan, 2018 12:00am
Contempt petition against PM filed

Contempt petition against PM filed

An activist Amna Malik has approached the Lahore High Court on Thursday against Prime Minister (PM) Shahid Khaqan Abbasi in a contempt petition for allegedly making anti-judiciary speeches. The petition through Azhar Siddique submitted that the PM was dut
Published 12 Jan, 2018 12:00am
Zainab's murder: PPP tables call attention notice in Punjab assembly

Zainab's murder: PPP tables call attention notice in Punjab assembly

Pakistan People's Party (PPP) MPA Faiza Malik has tabled a call attention notice in the Punjab assembly over the gruesome murder of Zainab in Kasur. The notice pointed out that the eight-year-old Zainab was murdered after rape and the concerned police sta
Published 12 Jan, 2018 12:00am
APWA condemns child's killing

APWA condemns child's killing

The All Pakistan Women's Association (APWA) strongly condemns the rape and murder of Zainab, a child in Qasur who was robbed of her innocence and her life by brutal assailants. The statement said, "There is no place for violence against women and children
Published 12 Jan, 2018 12:00am
Seminaries urged to produce quality prayer leaders

Seminaries urged to produce quality prayer leaders

Chairman Council of Islamic Ideology (CII) Dr Qibla Ayaz Thursday urged seminaries to produce quality teachers and melodious voices prayer leaders for attracting people to offer prayers with zeal and enthusiasm. Addressing a book review titled "What is Ma
Published 12 Jan, 2018 12:00am
Kasur tragedy worst example of human degradation: JI

Kasur tragedy worst example of human degradation: JI

While condemning the brutal murder of an abducted minor in Kasur after rape, Jamaat-e-Islami has asked the government to take all-out steps in bringing the culprits to justice. Addressing a press conference here on Thursday, Deputy Secretary General JI an
Published 12 Jan, 2018 12:00am
'Police report an eye wash'

'Police report an eye wash'

Punjab police report over heinous incident of a minor Zainab, who was killed after rape near India-Pakistan border town Kasur on January 04, seems to be eyewash as police have failed to apprehend the culprit behind the crime so far. Submitting report in p
Published 12 Jan, 2018 12:00am
Murad okays health, transport projects

Murad okays health, transport projects

The 23rd meeting of the Public Private Policy Board, held on Thursday under the chairmanship of Chief Minister Syed Murad Ali Shah, approved the projects of transport and mass transit, finance and health departments. The Transport and Mass Transit Departm
Published 12 Jan, 2018 12:00am
Anti-polio drive kicks off in Khyber Agency

Anti-polio drive kicks off in Khyber Agency

Political Agent (PA) Khyber Agency administered drops to a child to formally announce the commencement of the five days anti-polio campaign in Khyber Agency on Thursday. In this connection a simple gathering was organized in Khyber House, Peshawar that wa
Published 12 Jan, 2018 12:00am
REAP's trophies for 30 international buyers of rice
Currency

REAP's trophies for 30 international buyers of rice

To acknowledge the contribution of international buyers in promotion of Pakistani rice exports, the Rice Exporters Association of Pakistan (REAP) has decided to reward them with International Buyers Recognition Trophy 2018. Thirty top international buyers
Published 12 Jan, 2018 12:00am
Minister for launching soft loan schemes for doctors

Minister for launching soft loan schemes for doctors

Punjab Minister for Specialized Healthcare & Medical Education Kh. Salman Rafique has directed the Punjab Health Foundation (PHF) to take immediate steps for launching soft loan and small loan schemes for the young doctors, house officers and senior clini
Published 12 Jan, 2018 12:00am
New travel advisory to US citizens issued

New travel advisory to US citizens issued

The United States government on Wednesday issued a new travel advisory to it citizens for Pakistan and India, which is based on ready-to-understand level of advice ranging from one to four level. Ranking Pakistan on Level 3 (reconsider travel), the State
Published 12 Jan, 2018 12:00am
Rear Admiral Zaka takes over PMSA's command

Rear Admiral Zaka takes over PMSA's command

Rear Admiral Zaka Ur Rehman has assumed the Command of Pakistan Maritime Security Agency as Director General. The admiral was commissioned in Operations Branch of Pakistan Navy in 1988. He has been appointed on various command appointments including Comma
Published 12 Jan, 2018 12:00am
USC vows to provide quality goods

USC vows to provide quality goods

The Utility Stores Corporation (USC) has launched the campaign to deliver standard and affordable items to the public, says a press release issued here on Thursday. Certificates of PSQCA and ISO have been made mandatory for purchase of all branded items f
Published 12 Jan, 2018 12:00am
FBR hints at conducting tax audit of telecom firms

FBR hints at conducting tax audit of telecom firms

The Federal Board of Revenue (FBR) Thursday hinted at conducting withholding income tax audit of all telecom companies covering last five years, which may result in detection of tax evasions/discrepancies to the tune of Rs 100 billion.
Published 12 Jan, 2018 12:00am
Haroon for creating business-friendly environment

Haroon for creating business-friendly environment

Haroon Akhtar Khan, Special Assistant to Prime Minster on Revenue has said that the government believes in creating business friendly environment for all business community and wants to address their genuine problems. In meeting with delegation of All Pak
Published 12 Jan, 2018 12:00am
Shujaat reacts over Nawaz's statement about Mujeeb

Shujaat reacts over Nawaz's statement about Mujeeb

Pakistan Muslim League-Q (PML-Q) President and former prime minister Ch Shujaat Hussain has said that Nawaz Sharif, prior to giving certificate of patriotism to Sheikh Mujeebur Rehman, should also keep in mind Pakistan-enmity character of Mujeeb's daughte
Published 12 Jan, 2018 12:00am
Flood risks for Pakistan will double by 2040: report

Flood risks for Pakistan will double by 2040: report

Researchers said global warming is expected to unleash more rain, affecting million more people from river flooding, particularly in the United States and parts of Asia, Africa and central Europe within the next 25 years on Wednesday, reported local Engli
Published 12 Jan, 2018 12:00am
Faysal Bank sponsors 'Karachi Eat Festival'

Faysal Bank sponsors 'Karachi Eat Festival'

Faysal Bank one of the leading banks of Pakistan has sponsored metropolitan's biggest annual eat festival, Karachi Eat Festival. The ensuing weekend on 12th, 13th and 14th of January 2018, Benazir Bhutto Park will turn into a heaven for foodies as Karachi
Published 12 Jan, 2018 12:00am
PIAF for uniform gas rates across country

PIAF for uniform gas rates across country

Pakistan Industrial & Traders Associations Front (PIAF) has appreciated the government's plan to reduce electricity tariff, urging the authorities to also supply gas at uniform rate across Pakistan to ensure affordable cost of doing business in the countr
Published 12 Jan, 2018 12:00am
PBIT, PCJCCI join hands to promote investment
Exchange

PBIT, PCJCCI join hands to promote investment

Punjab Board of Investment and Trade (PBIT) and the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) signed a Memorandum of Understanding on Thursday for synergizing their efforts by working together and advancing their common objectives, sh
Published 12 Jan, 2018 12:00am
Government urged to honour commitments made to IDPs of Tirah

Government urged to honour commitments made to IDPs of Tirah

Elders of Afridi tribe from the militancy-affected Tirah of Khyber Agency have asked the government to take practical steps for materializing the all commitments forthwith, which had made with the internally displaced persons (IDPs) of the valley, otherwi
Published 12 Jan, 2018 12:00am
Revolutionary steps being taken to promote education: Abid

Revolutionary steps being taken to promote education: Abid

State Minister for Water and Power Abid Sher Ali has said that the government is making all-out effort to address the problems of the common man. He was talking to University of Agriculture Faisalabad Vice Chancellor Dr Muhammad Iqbal Zafar at the latter'
Published 12 Jan, 2018 12:00am
UK denies Assange diplomatic status after Ecuador request

UK denies Assange diplomatic status after Ecuador request

Britain said Thursday it has denied a request by Ecuador to issue diplomatic status to WikiLeaks founder Julian Assange, who has been living in the country's London embassy since 2012. "The government of Ecuador recently requested diplomatic status for Mr
Published 12 Jan, 2018 12:00am
Son of Angola's ex-president sacked from national investment fund

Son of Angola's ex-president sacked from national investment fund

Angolan President Joao Lourenco removed the son of his predecessor Jose Eduardo dos Santos from the top job at the oil-rich country's sovereign wealth fund, the presidency said on Wednesday. Jose Filomeno dos Santos, who was implicated in the "Panama Pape
Published 12 Jan, 2018 12:00am
Israel approves more than 1,100 new West Bank settlement homes

Israel approves more than 1,100 new West Bank settlement homes

Israel has approved more than 1,100 new settlement homes in the occupied West Bank, the Peace Now NGO said Thursday, the latest in a raft of such moves by Prime Minister Benjamin Netanyahu's government. The approvals were given on Wednesday by a defence m
Published 12 Jan, 2018 12:00am
Palestinian killed

Palestinian killed

A Palestinian was shot dead in clashes with Israeli forces in the occupied West Bank on Thursday, Palestinian officials said. The health ministry announced the man died after being shot dead near the northern West Bank city of Nablus, with Palestinian off
Published 12 Jan, 2018 12:00am
Catalan parliament speaker latest separatist to step down

Catalan parliament speaker latest separatist to step down

Catalonia's parliamentary speaker said Thursday she would step down as she is investigated for sedition and rebellion over her role in the independence drive, the latest separatist leader to leave their post. Speaking to reporters in Barcelona, staunchly
Published 12 Jan, 2018 12:00am
Samsung faces French legal case over alleged abuses in China

Samsung faces French legal case over alleged abuses in China

Two French campaign groups filed a legal case against Samsung in France on Thursday over the alleged use of child labour and other abuses in Chinese manufacturing plants working for the electronics giant. Accusing the company of misleading commercial prac
Published 12 Jan, 2018 12:00am
Kasur incident: Shahbaz vows exemplary punishment for culprits

Kasur incident: Shahbaz vows exemplary punishment for culprits

While protests continued against the seven-year-old Zainab's rape and murder in Kasur on second day, Thursday, Punjab Chief Minister Shahbaz Sharif said that the criminal involved in the molestation and murder of innocent girl shall not escape from deterr
Published 12 Jan, 2018 12:00am
Socio-political circles slam Zainab's killing

Socio-political circles slam Zainab's killing

Various socio-political circles have strongly condemned the murder of Zainab and ruthless police firing on protesters in Kasur and alleged that government had totally flopped in protecting the life and property of common man in the Punjab.
Published 12 Jan, 2018 12:00am
CM removes DPO Kasur, forms JIT

CM removes DPO Kasur, forms JIT

Punjab Chief Minister Shahbaz Sharif has removed District Police Officer (DPO) Kasur Zulfiqar Ahmed from his post and made him OSD in the wake of murder and rape of the seven-year-old Zainab in Kasur district. In a statement issues here on Thursday, the c
Published 12 Jan, 2018 12:00am
Chaudhry Sarwar issues white paper on child abuse

Chaudhry Sarwar issues white paper on child abuse

Former Punjab governor and senior leader of Pakistan Tehreek-e-Insaf Chaudhry Muhammad Sarwar on Thursday issued a white paper on 'increasing child molestation, sexual violence and deteriorating law and order situation and role of flop government'.
Published 12 Jan, 2018 12:00am
Poultry sector: CCP initiates enquiry into possible collusion

Poultry sector: CCP initiates enquiry into possible collusion

The Competition Commission of Pakistan (CCP) has initiated an enquiry into possible collusion between various market players to set prices in the poultry sector. CCP initiated the enquiry under its suo motu powers after strong indications of organized com
Published 12 Jan, 2018 12:00am
Kasur tragedy: Sindh Assembly legislators flay Zainab's murder

Kasur tragedy: Sindh Assembly legislators flay Zainab's murder

Legislators at Sindh Assembly belonging to the ruling and opposition parties condemned the brutal rape and murder of a minor girl Zainab in Kasur. Unfortunately, they were seen trying to get prominence by their tedious speeches to woo media coverage.
Published 12 Jan, 2018 12:00am
PPP, PTI submit adjournment motion in NA Secretariat

PPP, PTI submit adjournment motion in NA Secretariat

Pakistan Peoples Party (PPP) and Pakistan Tehreek-e-Insaf (PTI) have submitted an adjournment motion in the National Assembly Secretariat regarding horrific incident of rape and cold-blooded murder of a minor girl Zainab in district Kasur.
Published 12 Jan, 2018 12:00am
Child's murder widely condemned

Child's murder widely condemned

Several political parties, civil society organizations on Thursday held protest demonstrations to condemn the murder of Zainab in Kasur and demanded of government to take prompt steps for early arrest of the accused person. Pakistan People's Party women w
Published 12 Jan, 2018 12:00am
Terror bid foiled, two arrested in Peshawar

Terror bid foiled, two arrested in Peshawar

The Counter Terrorism Department (CTD) on Thursday foiled a terror bid and arrested two terrorists for transferring explosives to Peshawar. According to details, two alleged terrorists Ameen Khan and Mohammad Imran were shifting improvised explosive devic
Published 12 Jan, 2018 12:00am
Siraj urges Punjab CM to resign over government's failure

Siraj urges Punjab CM to resign over government's failure

Vehemently condemning the brutal murder of seven-year old Zainab, Ameer Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has called upon the Punjab Chief Minister to resign admitting the government's failure to protect the life, property and honour of the
Published 12 Jan, 2018 12:00am
Senate panel to review progress on housing projects

Senate panel to review progress on housing projects

Senate Standing Committee on Housing and Works Thursday decided to visit residential projects of I-16 and Thallian to examine the groundwork and progress made so far. A meeting of the committee was held here in the Parliament House in the chair of Senator
Published 12 Jan, 2018 12:00am
Can Pakistan survive without US aid?
Currency

Can Pakistan survive without US aid?

On January 1, the President of the United States Donald Trump, in his maiden tweet of 2018, said that the US has given more than $ 33 billion in aid to Pakistan over the last 15 years, but in return they received nothing but "lies and deceit". Such an unw
Published 12 Jan, 2018 12:00am
Bank Alfalah to support Aman Foundation's ambulance service

Bank Alfalah to support Aman Foundation's ambulance service

Bank Alfalah Limited, as part of its Corporate Social Responsibility initiatives, has partnered with the Aman Foundation to support their life-saving Ambulance programme. The Aman Foundation's flagship Aman Ambulances have made 900,000+ interventions to d
Published 12 Jan, 2018 12:00am
US MIDDAY: gold nears four-month highs

US MIDDAY: gold nears four-month highs

Gold prices on Thursday approached a four-month high set on the previous day after minutes of a European Central Bank meeting showed a more aggressive tone and boosted the euro against the US dollar. The December meeting minutes said the central bank shou
Published 12 Jan, 2018 12:00am
US MIDDAY: soyabeans fall

US MIDDAY: soyabeans fall

Chicago soyabean futures fell to a four-month low on Thursday ahead of US Department of Agriculture data due on Friday that was expected to show bigger US stockpiles and higher Brazilian soya output. Wheat futures also eased after weekly US wheat export s
Published 12 Jan, 2018 12:00am
Gold rises in Europe

Gold rises in Europe

Gold prices rose on Thursday to near their highest in four months after a hawkish tone in the minutes of a European Central Bank meeting pushed the euro sharply higher against the dollar. The minutes from the ECB's December meeting said the central bank s
Published 12 Jan, 2018 12:00am
Gold up in Asia

Gold up in Asia

Gold prices edged up on Thursday, after touching their highest since September in the previous session, buoyed as a rally in equities appeared to falter. Spot gold was up 0.1 percent at $1,317.93 an ounce by 0655 GMT. On Wednesday, it marked its lowest si
Published 12 Jan, 2018 12:00am
Gold jumps in New York

Gold jumps in New York

Gold rose on Wednesday, hitting its highest in nearly four months as the dollar swooned after a report that Chinese officials had recommended slowing or halting purchases of US Treasury securities. The dollar, already under pressure versus the Japanese ye
Published 12 Jan, 2018 12:00am
Sugar hits three-week low as charts weaken, supply glut looms

Sugar hits three-week low as charts weaken, supply glut looms

Sugar futures on ICE fell to their lowest in more than three weeks on Thursday, pressured by weakening technicals and a looming global supply glut, partly fuelled by expectations for a record crop in Thailand. March raw sugar was down 0.45 cents, or 3.1 p
Published 12 Jan, 2018 12:00am
Palm oil declines over 2 percent
Vegetable Oil

Palm oil declines over 2 percent

Malaysian palm oil futures fell over 2 percent on Thursday evening, as a stronger ringgit and concerns of smaller than expected production declines weighed on the market. Gains in the ringgit, palm's currency of trade, usually makes the tropical oil more
Published 12 Jan, 2018 12:00am
Rubber down
Exchange

Rubber down

Benchmark Tokyo rubber futures edged down 0.2 percent by the close on Thursday, trimming losses as the dollar edged higher against the yen from a six-week low hit a day earlier, brokers said. The Tokyo Commodity Exchange rubber contract for June delivery
Published 12 Jan, 2018 12:00am
Brent crude tops $70 a barrel, US crude stocks at three-year low

Brent crude tops $70 a barrel, US crude stocks at three-year low

Oil prices rose about 1 percent to three-year highs on Thursday, pushing the global Brent benchmark past $70 a barrel, on further signs of tightening supply in the United States and expectations that Opec's output cuts would underpin the market. Brent cru
Published 12 Jan, 2018 12:00am
Nickel retreats, zinc nears decade highs
Exchange

Nickel retreats, zinc nears decade highs

Nickel fell on Thursday as traders took profits after pushing the metal to its highest level in 2-1/2 years in the previous session, while zinc headed towards its highest in more than a decade amid a supply crunch. Four nickel mines in the Philippines, a
Published 12 Jan, 2018 12:00am
Shanghai nickel climbs
Exchange

Shanghai nickel climbs

Nickel prices on the Shanghai Futures Exchange (ShFE) climbed by more than 1 percent to their highest in two months on Thursday, as concerns over low stock levels and production outages lent support to the market. The most traded Shanghai nickel contract
Published 12 Jan, 2018 12:00am
Cotton futures climb on speculator buying
Cotton

Cotton futures climb on speculator buying

ICE cotton futures rose over 1.5 percent on Wednesday, buoyed by speculator buying, as prices of the natural fibre crop hovered close to a 3-1/2-year high touched last week. The most active ICE cotton contract for March expiry settled up 1.3 cent, or 1.66
Published 12 Jan, 2018 12:00am
Pirate attacks at two-decade low

Pirate attacks at two-decade low

Pirate attacks worldwide fell to their lowest level in over two decades last year, the International Maritime Bureau said, but more than doubled in the Philippines while African trouble spots remained dangerous. A total of 180 incidents of piracy and arme
Published 12 Jan, 2018 12:00am
Trump criticizes, then praises US spying tool

Trump criticizes, then praises US spying tool

President Donald Trump on Thursday took to Twitter to question the future of his government's premier domestic surveillance tool ahead of a key vote, only to make a spectacular U-turn an hour later. The US leader voiced opposition to rules that allow agen
Published 12 Jan, 2018 12:00am
Jihadists counter-attack in fight for Syrian airbase

Jihadists counter-attack in fight for Syrian airbase

Syrian regime forces faced fierce resistance from jihadists Thursday as they fought to capture a key airbase in Idlib, the last province beyond the government's control, a war monitor said. Russia-backed government forces battled their way into the Abu Du
Published 12 Jan, 2018 12:00am
Footage shows six-metre snow tunnel on road in French Alps

Footage shows six-metre snow tunnel on road in French Alps

Avalanches and record snow fall in the French Alps have buried some roads, leading to the creation of treacherous ice tunnels which drivers have to navigate on their way up or down the mountains. Footage from Bonneval-sur-Arc, near the Val d'Isere ski res
Published 12 Jan, 2018 12:00am
Trump, Moon signal openness for talks with North Korea
Exchange

Trump, Moon signal openness for talks with North Korea

President Donald Trump is open to the US holding talks with North Korea "under the right circumstances," the White House said Wednesday after South Korean President Moon Jae-In signalled a willingness to sit down with Kim Jong-Un. Signs of a potential coo
Published 12 Jan, 2018 12:00am
EU backs Iran nuclear deal as Trump decision looms

EU backs Iran nuclear deal as Trump decision looms

European powers on Thursday insisted the 2015 deal to curb Iran's nuclear ambitions was working, as US President Donald Trump mulls reimposing sanctions on Tehran. The European Union and the foreign ministers of Britain, Germany and France put on a united
Published 12 Jan, 2018 12:00am
UN pushes countries to open up migration despite US boycott

UN pushes countries to open up migration despite US boycott

Governments that crack down on migrants are only harming themselves, UN Secretary-General Antonio Guterres warned Thursday ahead of UN talks on a global response to migration boycotted by the United States. Guterres presented a report to the General Assem
Published 12 Jan, 2018 12:00am
Third night of unrest in Tunisia as hundreds arrested

Third night of unrest in Tunisia as hundreds arrested

A third night of unrest has shaken Tunisia where authorities said Thursday more than 600 people have been arrested this week as anger at austerity measures boils over on the streets. Tunisia is considered a rare success story of the Arab Spring uprisings
Published 12 Jan, 2018 12:00am
Six moderate earthquakes rattle Iran

Six moderate earthquakes rattle Iran

A series of six moderate earthquakes shook Iran on Thursday, lightly injuring five people, the ISNA news agency reported, nearly two months after a powerful tremor killed more than 600 people. A magnitude 5.1 quake was recorded in the southern province of
Published 12 Jan, 2018 12:00am
48 Malians drown in single day trying to reach Europe

48 Malians drown in single day trying to reach Europe

Flags flew at half-mast in Mali on Thursday as the government announced 48 of its citizens drowned in the Mediterranean on a single day over the weekend, all trying to reach Europe. The west African nation accounted for the fifth largest contingent of arr
Published 12 Jan, 2018 12:00am
Ancient mining ops buildings found in Egypt

Ancient mining ops buildings found in Egypt

The ruins of two buildings used to supervise mines in ancient Egypt more than 4,400 years ago have been discovered in the south, the antiquities ministry said on Thursday. The find was made by a US-Egyptian mission in the Tal Edfu area north of the city o
Published 12 Jan, 2018 12:00am
LuxLeaks whistleblower's conviction quashed

LuxLeaks whistleblower's conviction quashed

A Luxembourg court on Thursday overturned the verdict against a "LuxLeaks" whistleblower who was convicted of leaking thousands of documents that revealed tax breaks for multinational firms. Luxembourg's highest court rejected the
Published 12 Jan, 2018 12:00am
New Australian Open rules to prevent first-round farce

New Australian Open rules to prevent first-round farce

Players could forfeit their prize money if they retire from first-round singles matches at the Australian Open, under new rules aimed at limiting the early injury withdrawals which have long caused controversy at Grand Slams. Players will also be able to
Published 12 Jan, 2018 12:00am
Shabbir leads as Bank AL Habib's Rashid D. Habib Memorial Golf begins

Shabbir leads as Bank AL Habib's Rashid D. Habib Memorial Golf begins

First round of Bank AL Habib's 7th Rashid D. Habib Memorial National Professional Golf Championship was played at Karachi Golf Course on Thursday. Defending Champion Muhammad Shabbir Iqbal is leading with 5 under par after competing with 106 golfers who p
Published 12 Jan, 2018 12:00am
Referee admits error in World Cup play-off

Referee admits error in World Cup play-off

The Romanian referee in a fateful World Cup play-off between Switzerland and Northern Ireland in November has admitted making a mistake in awarding the Swiss a match-winning penalty. "It was a sad and not very nice moment for me," Ovidiu Hategan told Roma
Published 12 Jan, 2018 12:00am
Djokovic seeded 14th for Australian Open, Nadal top

Djokovic seeded 14th for Australian Open, Nadal top

Six-time champion Novak Djokovic will lurk as 14th seed for next week's Australian Open in Melbourne, with Rafael Nadal seeded top, organisers said on Thursday. Nadal heads defending champion Roger Federer at the top of the men's seedings, with Simona Hal
Published 12 Jan, 2018 12:00am
Kerber marches on in Sydney, Muller beaten
Kerb

Kerber marches on in Sydney, Muller beaten

Germany's Angelique Kerber won a seventh straight match as she steamed into the semi-finals of the Sydney International on Thursday boosting her confidence for next week's Australian Open. Kerber, who began last year as No.1 before finishing at No.22, con
Published 12 Jan, 2018 12:00am
KP to lay synthetic hockey turf in Islamia College

KP to lay synthetic hockey turf in Islamia College

Artisan of hockey Shahbaz Ahmed Senior termed the KP government decision of laying hockey turf at historical Islamia College would help promoting the national sport hockey. Talking to media, Shahbaz Senior said that no doubt Khyber Pakhtunkhwa and special
Published 12 Jan, 2018 12:00am
'World-class' Perth Stadium gets ICC green light

'World-class' Perth Stadium gets ICC green light

The International Cricket Council Thursday approved the new Perth Stadium to host all international formats of all the game, formally lowering the curtain on the city's venerable WACA Ground. The new 60,000-capacity stadium will host a sold-out one-day in
Published 12 Jan, 2018 12:00am
Badminton Championship: Wapda clinch two more titles

Badminton Championship: Wapda clinch two more titles

Subsequent to winning Men's and Women's team titles, the supremacy of the Pakistan Water and Power Development Authority (Wapda) continued in the 55th National Badminton Championship, as it clinched two more titles in the event on Thursday. The titles won
Published 12 Jan, 2018 12:00am
Master Paints/Edu Insurance in Pakistan Polo Cup final

Master Paints/Edu Insurance in Pakistan Polo Cup final

Master Paints/Edu Insurance qualified for the main final while Diamond Paints earned place in the subsidiary final of 'the Royal Marketing Pakistan Polo Cup 2018' here at the Lahore Polo Club (LPC) ground on Thursday. Four-goal Hamza Mawaz Khan helped Mas
Published 12 Jan, 2018 12:00am
Coca-Cola to bring FIFA Trophy to Pakistan

Coca-Cola to bring FIFA Trophy to Pakistan

Coca-Cola will be bringing the FIFA World Cup Original Trophy to Lahore, Pakistan on February 3, 2018 creating a historic occasion giving Pakistani fans the chance to experience football's most coveted prize. The FIFA World Cup Trophy Tour by Coca-Cola wi
Published 12 Jan, 2018 12:00am
Stokes, Livingstone in squad for New Zealand Tests

Stokes, Livingstone in squad for New Zealand Tests

Allrounder Ben Stokes was included in England's 16-man cricket squad for their Test tour of New Zealand Thursday, while Lancashire batsman Liam Livingstone got his first call up. Seamer Mark Wood returns after struggling with injury, and Ashes underperfor
Published 12 Jan, 2018 12:00am
Bouchard records first win of 2018

Bouchard records first win of 2018

Struggling star Eugenie Bouchard won her first match of the year Thursday, posting a 6-2, 6-0 defeat of Australian teen Destanee Aiava at the Kooyong Classic in Melbourne. The Canadian had gone down in three group matches last week at the Hopman Cup in Pe
Published 12 Jan, 2018 12:00am
Neymar strikes as PSG reach semis

Neymar strikes as PSG reach semis

Neymar scored a second-half penalty as four-time defending champions Paris Saint-Germain toiled before overcoming 10-man Amiens 2-0 to reach the semi-finals of the French League Cup on Wednesday. PSG were again without leading scorer Edinson Cavani, who a
Published 12 Jan, 2018 12:00am
Cheaper services weigh on US wholesale prices; jobless claims up

Cheaper services weigh on US wholesale prices; jobless claims up

US producer prices fell for the first time in nearly 1-1/2 years in December amid declining costs for services, which could temper expectations that inflation will accelerate in 2018. Other data on Thursday showed initial claims for unemployment benefits
Published 12 Jan, 2018 12:00am
France laments 'dysfunction' in baby milk recall

France laments 'dysfunction' in baby milk recall

France said Thursday there has been a "major dysfunction" in a recall of baby milk after stores sold potentially contaminated products despite being told to take them off their shelves. French President Emmanuel Macron added his voice to calls for the cul
Published 12 Jan, 2018 12:00am
Walmart raises US worker pay

Walmart raises US worker pay

Walmart announced Thursday it will raise the minimum wage for more than a million US workers to $11 an hour and pay bonuses, crediting the US tax reform approved in December for making the changes possible. The wage increase starting in February elevates
Published 12 Jan, 2018 12:00am
South Korea government sends bitcoin on rollercoaster ride
Exchange

South Korea government sends bitcoin on rollercoaster ride

Bitcoin and other virtual currencies were sent on rollercoaster rides in South Korea Thursday as the government said it was planning to ban cryptocurrency exchanges, before later backtracking. Justice Minister Park Sang-Ki said Seoul was preparing a bill
Published 12 Jan, 2018 12:00am
EU unveils supercomputer plan to rival China

EU unveils supercomputer plan to rival China

The EU unveiled plans Thursday to raise one billion euros to build superfast computers that catch up with China and others to boost Europe's economy, make medical advances and fight hacking. China overtook the United States in numbers and performance for
Published 12 Jan, 2018 12:00am
Spain surpassed US as tourism destination

Spain surpassed US as tourism destination

Spain last year surpassed the United States to become the world's second most visited country after France, Spanish Prime Minister Mariano Rajoy said during a visit to Italy. Rajoy, speaking late Wednesday, said 82 million people visited in 2017, a nine p
Published 12 Jan, 2018 12:00am
China denies report it could halt US bond purchases
Exchange

China denies report it could halt US bond purchases

China denied on Thursday a report that it may slow or cease its purchases of US Treasury bonds, calling it a possible case of "fake news" after the dollar tumbled following the story. Bloomberg News reported Wednesday that officials reviewing China's fore
Published 12 Jan, 2018 12:00am
China denies report it could halt US bond purchases
Exchange

China denies report it could halt US bond purchases

China denied on Thursday a report that it may slow or cease its purchases of US Treasury bonds, calling it a possible case of "fake news" after the dollar tumbled following the story. Bloomberg News reported Wednesday that officials reviewing China's fore
Published 12 Jan, 2018 12:00am
Chinese economy up 'around 6.9 percent' in 2017: premier

Chinese economy up 'around 6.9 percent' in 2017: premier

China's premier expects economic growth of around 6.9 percent for 2017, as he saw a "better than expected" outlook for the world's second-largest economy, state media said Thursday. The authorities will release official gross domestic product figures next
Published 12 Jan, 2018 12:00am
Canada hopes for breakthrough in next round of NAFTA talks

Canada hopes for breakthrough in next round of NAFTA talks

Canada's foreign minister said Thursday she is hopeful for a breakthrough in the next round of continental free trade talks, despite a possible US withdrawal from the North American Free Trade Agreement (NAFTA).
Published 12 Jan, 2018 12:00am
Powerful growth in Germany fuels calls to share the wealth

Powerful growth in Germany fuels calls to share the wealth

Strong growth data in Germany came as welcome news Thursday for politicians haggling over spending and unions battling for more pay, although observers warn the good times can't last forever. Gross domestic product in Europe's top economy grew by 2.2 perc
Published 12 Jan, 2018 12:00am
FTSE hits new high despite Tesco and M&S Christmas slumps

FTSE hits new high despite Tesco and M&S Christmas slumps

Underwhelming Christmas updates at retailers Tesco and Marks and Spencer weighed on the UK's top share index on Thursday but failed to prevent it from hitting a new high, with strong metal and oil prices supporting mining and energy stocks. The FTSE 100 b
Published 12 Jan, 2018 12:00am
Southeast Asian stocks: Vietnam hits fresh 10-year high
Exchange

Southeast Asian stocks: Vietnam hits fresh 10-year high

Philippine shares dropped over 1 percent on Thursday, underperforming other Southeast Asian stock markets, while Vietnam extended gains to a fresh 10-year closing high. The Philippine Stock Exchange PSEI Index declined as much as 2 percent, its biggest si
Published 12 Jan, 2018 12:00am
Sri Lankan shares fall

Sri Lankan shares fall

Sri Lankan shares ended marginally weaker on Thursday as recent gainers witnessed profit-booking, while foreign buying in the island nation's risky assets curbed losses. The Colombo Stock Index ended 0.1 percent lower at 6,49502.96.
Published 12 Jan, 2018 12:00am
Results drive sharp moves in European stocks as euro weighs

Results drive sharp moves in European stocks as euro weighs

European shares dipped on Thursday as a bond market sell-off and a stronger euro took the steam out of the breakneck New Year rally in equities. Results drove the bulk of stock moves, with some disappointments weighing heavily.
Published 12 Jan, 2018 12:00am
Hong Kong stocks extend record run to 13th day
Exchange

Hong Kong stocks extend record run to 13th day

Hong Kong stocks extended their record run into a thirteenth day on Thursday, boosted by inflows of cash from mainland traders, while Shanghai clocked up a tenth day of gains. The Hang Seng Index rose 0.15 percent, or 46.67 points, to close at 31,120.39.
Published 12 Jan, 2018 12:00am
Shanghai stocks up for 10th day
Exchange

Shanghai stocks up for 10th day

China stocks were little changed on Thursday, with the benchmark index up for a 10th successive session even as investors took profit in consumer and energy firms after a recent robust rally. A media report that China was considering reducing or halting p
Published 12 Jan, 2018 12:00am
Treasury yields jump to 10-month high
Exchange

Treasury yields jump to 10-month high

US Treasury yields jumped to 10-month highs on Wednesday after Bloomberg News reported that Chinese officials have recommended the country slow or halt its purchases of the US bonds. China is the largest foreign holder of US government debt, with $1.19 tr
Published 12 Jan, 2018 12:00am
Treasury yields jump to 10-month high
Exchange

Treasury yields jump to 10-month high

US Treasury yields jumped to 10-month highs on Wednesday after Bloomberg News reported that Chinese officials have recommended the country slow or halt its purchases of the US bonds. China is the largest foreign holder of US government debt, with $1.19 tr
Published 12 Jan, 2018 12:00am
Australian, New Zealand shares down

Australian, New Zealand shares down

Australian shares extended losses to a second session on Thursday, led by declines in financials, after a report that China may dial down purchases of US government debt rattled Wall Street. The S&P/ASX 200 index fell 0.5 percent, or 29.1 points, to 6,067
Published 12 Jan, 2018 12:00am
Wall Street falls on China, NAFTA concerns
Exchange

Wall Street falls on China, NAFTA concerns

The three major US stock indexes ended lower on Wednesday after a choppy trading session as investors worried that China would slow US government bond purchases that US President Donald Trump would end a key trade agreement. The S&P and the Nasdaq snapped
Published 12 Jan, 2018 12:00am
Previous Day