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Archive - 2018-01-13
Iran rejects any change to nuclear deal
World Top News

Iran rejects any change to nuclear deal

TEHRAN: Iran on Saturday rejected any modification of its nuclear deal with world powers after US President Donald T
Published 13 Jan, 2018 08:12am
Greece strikes cause transport chaos, healthcare delays

Greece strikes cause transport chaos, healthcare delays

Strikes in Greece caused transport chaos and slowed hospital care and shipping on Friday as thousands of workers protested against changes to a 36-year-old industrial action law demanded by the country's creditors. Some 9,000 people demonstrated in the ci
Published 13 Jan, 2018 12:00am
BMW hits 2017 sales record but Mercedes keeps lead

BMW hits 2017 sales record but Mercedes keeps lead

BMW reported record sales last year on strong demand for its sport-utility vehicles and the overhauled 1-Series compact but was outsold by Mercedes-Benz, keeping the order in the three-way German luxury sales race unchanged.
Published 13 Jan, 2018 12:00am
TCS signs 'largest deal' worth $2 billion

TCS signs 'largest deal' worth $2 billion

India's largest IT services company Tata Consultancy Services (TCS) on Friday announced bagging its biggest new deal valued over $2 billion from a US-based insurance company, a day after reporting a slide in its quarterly earnings. "The multi-year agreeme
Published 13 Jan, 2018 12:00am
Brazil pledges to forge on with reforms after S&P downgrade

Brazil pledges to forge on with reforms after S&P downgrade

Brazil vowed Thursday to push on with economic reforms after the international credit ratings agency Standard and Poor's downgraded its long-term credit rating because of "slower-than-expected" changes by President Michel Temer's government.
Published 13 Jan, 2018 12:00am
Brazil pledges to forge on with reforms after S&P downgrade

Brazil pledges to forge on with reforms after S&P downgrade

Brazil vowed Thursday to push on with economic reforms after the international credit ratings agency Standard and Poor's downgraded its long-term credit rating because of "slower-than-expected" changes by President Michel Temer's government.
Published 13 Jan, 2018 12:00am
Mixed US bank earnings as Wells Fargo hit by legal costs

Mixed US bank earnings as Wells Fargo hit by legal costs

US banking giants JPMorgan Chase and Wells Fargo kicked off earnings season Friday with mixed results that included hefty new legal costs at Wells following its fake accounts scandal. Results from both banks were significantly affected by the just-enacted
Published 13 Jan, 2018 12:00am
Mixed US bank earnings as Wells Fargo hit by legal costs

Mixed US bank earnings as Wells Fargo hit by legal costs

US banking giants JPMorgan Chase and Wells Fargo kicked off earnings season Friday with mixed results that included hefty new legal costs at Wells following its fake accounts scandal. Results from both banks were significantly affected by the just-enacted
Published 13 Jan, 2018 12:00am
US FOB Gulf corn bids hit 10-month high

US FOB Gulf corn bids hit 10-month high

Basis bids for corn shipped by barge to the US Gulf Coast spiked on Wednesday to their highest levels since March, boosted by slow shipments on some sections of Midwest rivers that remain frozen, traders said. Better demand, as US corn was competitively p
Published 13 Jan, 2018 12:00am
HRW wheat bids steady

HRW wheat bids steady

Spot basis bids for hard red winter (HRW) wheat were mostly steady around the US Plains amid slow farmer sales and light demand, grain merchants said. Many farmers are delaying wheat sales to elevators and mills until after Friday's US Department of Agric
Published 13 Jan, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 174,255 tonnes of cargo comprising 141,631 tonnes of import cargo and 32,624 tonnes of export cargo including 8,223 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 141
Published 13 Jan, 2018 12:00am
US natural gas futures little changed on steady weather

US natural gas futures little changed on steady weather

US natural gas futures traded within a few cents of unchanged on Wednesday on forecasts for temperatures and heating demand to remain around the same levels as previously expected. Front-month gas futures fell 1.7 cents, or 0.6 percent, to settle at $2.90
Published 13 Jan, 2018 12:00am
Euronext wheat futures little changed
Exchange

Euronext wheat futures little changed

Euronext wheat futures were little changed on Wednesday as French supply and demand data confirmed recent trends while the market awaited further direction from US government crop forecasts later in the week. March milling wheat on the Paris-based Euronex
Published 13 Jan, 2018 12:00am
CBOT wheat futures higher

CBOT wheat futures higher

Chicago Board of Trade wheat futures closed modestly higher on Wednesday on technical buying and short-covering ahead of key reports from the US Department of Agriculture, traders said. Analysts expect the USDA on Friday to show a drop in US winter wheat
Published 13 Jan, 2018 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,338. The traded value of Metals, Energy and COTS/FX was recorded at PKR 3.747 billion and the number of lots traded was 6,963.
Published 13 Jan, 2018 12:00am
Self-focus

Self-focus

Me, Myself and I is the most base and prevalent of human desires. Nothing feeds it better than the invention of the century "Selfie". Wikipedia defines "A selfie is a self-portrait photograph, typically taken with a digital camera or camera phone held in
Published 13 Jan, 2018 12:00am
Maulana Muhammad Ali - A strategic point in Indo-Muslim politics

Maulana Muhammad Ali - A strategic point in Indo-Muslim politics

"A great man", says Justice Oliver Wendell, Jr., "represents a great ganglion in the nerves of society, or to vary the figure, a strategic point in the campaign of history, and part of his greatness consists in being there." (italic ours). And Maulana Muh
Published 13 Jan, 2018 12:00am
ART FACTS: Passing moments

ART FACTS: Passing moments

Naiza Khan explored geographical spaces around her in a set time frame by juxtaposing time and space in her recent artworks in a solo exhibition titled "Set in a Moment Yet Still Moving" at Koel Gallery, Karachi. She has chosen specific locales and precis
Published 13 Jan, 2018 12:00am
Show rescues photo comics from dustbin of history

Show rescues photo comics from dustbin of history

What have Sophia Loren, John Cleese and Woody Allen got in common? They all began their careers in the oft-derided world of photo comics or photonovels. The genre, infamous for stilted storylines and sugary romantic melodramas, is finally getting its day
Published 13 Jan, 2018 12:00am
Bacteria makes blue jeans green
Cotton

Bacteria makes blue jeans green

They can be tight, flared, ripped at the knee. Jeans come in all styles and colours these days, but one hue will always be synonymous with the world's favourite garment: indigo blue. To satisfy the world's seemingly insatiable demand for blue denim, more
Published 13 Jan, 2018 12:00am
Oprah for president? Speech ignites frenzied US speculation

Oprah for president? Speech ignites frenzied US speculation

Could Oprah Winfrey run for president and beat Donald Trump? The United States was ablaze Monday with speculation that the billionaire talk show queen might be nurturing White House ambitions after an impassioned Golden Globes speech. Winfrey had barely h
Published 13 Jan, 2018 12:00am
Excerpts from new book about Trump presidency

Excerpts from new book about Trump presidency

The following are excerpts published by New York magazine, The Guardian and The Washington Post from the new book by Michael Wolff about President Donald Trump, "Fire and Fury: Inside the Trump White House." Without addressing specifics, White House spoke
Published 13 Jan, 2018 12:00am
Can living near a gym make you slimmer?

Can living near a gym make you slimmer?

People who live close to gyms, pools and playing fields weigh less and have smaller waistlines than their counterparts residing farther away from exercise facilities, a UK study suggests. Living far away from fast food outlets also appeared to help people
Published 13 Jan, 2018 12:00am
Five Golden moments: shocking behaviour at the Globes

Five Golden moments: shocking behaviour at the Globes

The Golden Globes is the most lively, attention-grabbing and just plain fun gala ceremony in Hollywood's awards merry-go-round - primarily because it's the only one where alcohol is served. Tinseltown's elite are allowed to kick back in relaxed seating wi
Published 13 Jan, 2018 12:00am
'Downsizing' star Hong Chau shines in huge role as tiny exile

'Downsizing' star Hong Chau shines in huge role as tiny exile

Film academic Rajendra Roy recently introduced the star of "Downsizing" with the claim: "This is the last day in your life when you'll ask the question, 'Who is Hong Chau?'" The endorsement ahead of a recent Los Angeles screening proved astonishingly pres
Published 13 Jan, 2018 12:00am
Plummer brings on the charm in reshot 'All the Money in the World'

Plummer brings on the charm in reshot 'All the Money in the World'

When director Ridley Scott decided to remove Kevin Spacey from his film "All the Money in the World" and reshoot it with Christopher Plummer, he did not just pull off an extraordinary feat. Plummer's performance as US oil billionaire J. Paul Getty also su
Published 13 Jan, 2018 12:00am
Bridge Notes: More than one way

Bridge Notes: More than one way

Some dummy plays in Bridge come about naturally, some are made with foresight while a few rare ones are executed with such an eye on the ball that they look like a magician's tricks. One classic example of such a play is our illustration for today where t
Published 13 Jan, 2018 12:00am
Now 80, Jane Fonda says she didn't think she'd live to 30

Now 80, Jane Fonda says she didn't think she'd live to 30

Actress Jane Fonda, who celebrated her 80th birthday last month, says that growing up she never expected to reach 30. "I never pictured 30," Fonda told People magazine in an interview. "I assumed I wouldn't live very long and that I would die lonely and a
Published 13 Jan, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 13 Jan, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 13 Jan, 2018 12:00am
State Bank of Pakistan conversion rates
Exchange

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 13 Jan, 2018 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 13 Jan, 2018 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (January 12, 2018).

Published 13 Jan, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (January 12, 2018).
Published 13 Jan, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (January 12, 2018).

Published 13 Jan, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (January 12, 2018).

Published 13 Jan, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (January 12, 2018).

Published 13 Jan, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (January 12, 2018).

Published 13 Jan, 2018 12:00am
Four judges criticise India's SC in rare public spat

Four judges criticise India's SC in rare public spat

Four justices of India's top court on Friday criticised its distribution of cases to judges and raised concerns about judicial appointments, in an unprecedented public airing of problems at one of the country's most respected institutions. The move points
Published 13 Jan, 2018 12:00am
Four judges criticise India's SC in rare public spat

Four judges criticise India's SC in rare public spat

Four justices of India's top court on Friday criticised its distribution of cases to judges and raised concerns about judicial appointments, in an unprecedented public airing of problems at one of the country's most respected institutions. The move points
Published 13 Jan, 2018 12:00am
PM for removing anomalies in deals with IPPs

PM for removing anomalies in deals with IPPs

Prime Minister Shahid Khaqan Abbasi has directed Power Division to address anomalies in various agreements with Independent Power Producers (IPPs) to avoid litigation and discriminatory treatment, sources close to Minister for Power Division told Busin
Published 13 Jan, 2018 12:00am
PM for removing anomalies in deals with IPPs

PM for removing anomalies in deals with IPPs

Prime Minister Shahid Khaqan Abbasi has directed Power Division to address anomalies in various agreements with Independent Power Producers (IPPs) to avoid litigation and discriminatory treatment, sources close to Minister for Power Division told Busin
Published 13 Jan, 2018 12:00am
PM for removing anomalies in deals with IPPs

PM for removing anomalies in deals with IPPs

Prime Minister Shahid Khaqan Abbasi has directed Power Division to address anomalies in various agreements with Independent Power Producers (IPPs) to avoid litigation and discriminatory treatment, sources close to Minister for Power Division told Busin
Published 13 Jan, 2018 12:00am
NA passes bill to extend SC-PHC jurisdiction to Fata

NA passes bill to extend SC-PHC jurisdiction to Fata

The National Assembly on Friday passed a bill with majority to extend the jurisdiction of Supreme Court of Pakistan and Peshawar High Court to the Federally Administered Tribal Areas (FATA). "The Supreme Court and High Court (Extension of Jurisdiction to
Published 13 Jan, 2018 12:00am
NA passes bill to extend SC-PHC jurisdiction to Fata

NA passes bill to extend SC-PHC jurisdiction to Fata

The National Assembly on Friday passed a bill with majority to extend the jurisdiction of Supreme Court of Pakistan and Peshawar High Court to the Federally Administered Tribal Areas (FATA). "The Supreme Court and High Court (Extension of Jurisdiction to
Published 13 Jan, 2018 12:00am
BRIndex100 extends losses
Exchange

BRIndex100 extends losses

A declining trend persisted on Pakistan Stock Exchange as investors opted to offload their holdings on available margins Friday. BRIndex100 lost 56.62 points or 1.21 percent to close at 4,608.52 points. BRIndex100 touched intraday high of 4,668.62 and int
Published 13 Jan, 2018 12:00am
BRIndex100 extends losses
Exchange

BRIndex100 extends losses

A declining trend persisted on Pakistan Stock Exchange as investors opted to offload their holdings on available margins Friday. BRIndex100 lost 56.62 points or 1.21 percent to close at 4,608.52 points. BRIndex100 touched intraday high of 4,668.62 and int
Published 13 Jan, 2018 12:00am
BRIndex100 extends losses
Exchange

BRIndex100 extends losses

A declining trend persisted on Pakistan Stock Exchange as investors opted to offload their holdings on available margins Friday. BRIndex100 lost 56.62 points or 1.21 percent to close at 4,608.52 points. BRIndex100 touched intraday high of 4,668.62 and int
Published 13 Jan, 2018 12:00am
Fed fines five banks to wrap up mortgage servicing charges

Fed fines five banks to wrap up mortgage servicing charges

The Federal Reserve fined five large US banks a combined $35.1 million to settle cases of mortgage servicing flaws dating back to 2011. The central bank announced the fines against Goldman Sachs, Morgan Stanley, CIT Group, U.S. Bancorp , and PNC Financial
Published 13 Jan, 2018 12:00am
Fed fines five banks to wrap up mortgage servicing charges

Fed fines five banks to wrap up mortgage servicing charges

The Federal Reserve fined five large US banks a combined $35.1 million to settle cases of mortgage servicing flaws dating back to 2011. The central bank announced the fines against Goldman Sachs, Morgan Stanley, CIT Group, U.S. Bancorp , and PNC Financial
Published 13 Jan, 2018 12:00am
Fed fines five banks to wrap up mortgage servicing charges

Fed fines five banks to wrap up mortgage servicing charges

The Federal Reserve fined five large US banks a combined $35.1 million to settle cases of mortgage servicing flaws dating back to 2011. The central bank announced the fines against Goldman Sachs, Morgan Stanley, CIT Group, U.S. Bancorp , and PNC Financial
Published 13 Jan, 2018 12:00am
Fed fines five banks to wrap up mortgage servicing charges

Fed fines five banks to wrap up mortgage servicing charges

The Federal Reserve fined five large US banks a combined $35.1 million to settle cases of mortgage servicing flaws dating back to 2011. The central bank announced the fines against Goldman Sachs, Morgan Stanley, CIT Group, U.S. Bancorp , and PNC Financial
Published 13 Jan, 2018 12:00am
US contemplating no unilateral action inside Pakistan: Votel

US contemplating no unilateral action inside Pakistan: Votel

US Central Command Chief General Joseph Votel has assured Chief of Army Staff (CoAS) General Qamar Javed Bajwa that Washington is not contemplating any unilateral action inside Pakistan, said a statement issued from the Inter-Services Public Relations (IS
Published 13 Jan, 2018 12:00am
US contemplating no unilateral action inside Pakistan: Votel

US contemplating no unilateral action inside Pakistan: Votel

US Central Command Chief General Joseph Votel has assured Chief of Army Staff (CoAS) General Qamar Javed Bajwa that Washington is not contemplating any unilateral action inside Pakistan, said a statement issued from the Inter-Services Public Relations (IS
Published 13 Jan, 2018 12:00am
Trump waives Iran nuclear sanctions, but for last time

Trump waives Iran nuclear sanctions, but for last time

US President Donald Trump grudgingly agreed not to reimpose nuclear sanctions on Iran on Friday, but officials warned that it would be the last time he issues such a waiver. Instead, a senior White House official said, Trump wants Washington's European al
Published 13 Jan, 2018 12:00am
Trump waives Iran nuclear sanctions, but for last time

Trump waives Iran nuclear sanctions, but for last time

US President Donald Trump grudgingly agreed not to reimpose nuclear sanctions on Iran on Friday, but officials warned that it would be the last time he issues such a waiver. Instead, a senior White House official said, Trump wants Washington's European al
Published 13 Jan, 2018 12:00am
Africa calls Trump racist after 'shithole' remark

Africa calls Trump racist after 'shithole' remark

African politicians labelled US President Donald Trump a racist on Friday after he was reported to have described some immigrants from Africa and Haiti as coming from "shithole" countries. Sources told Reuters on Thursday that Trump had questioned why the
Published 13 Jan, 2018 12:00am
Africa calls Trump racist after 'shithole' remark

Africa calls Trump racist after 'shithole' remark

African politicians labelled US President Donald Trump a racist on Friday after he was reported to have described some immigrants from Africa and Haiti as coming from "shithole" countries. Sources told Reuters on Thursday that Trump had questioned why the
Published 13 Jan, 2018 12:00am
Zainab's murder: CJ directs IGP to arrest killer in 36 hours

Zainab's murder: CJ directs IGP to arrest killer in 36 hours

Chief Justice Lahore High Court Syed Mansoor Ali Shah on Friday directed the Inspector General Punjab (IG) to arrest the killer of Zainab in 36 hours. The petitioner, a bar member, Shahin Pirzada has sought direction for the government to legislate for th
Published 13 Jan, 2018 12:00am
Zainab's murder: CJ directs IGP to arrest killer in 36 hours

Zainab's murder: CJ directs IGP to arrest killer in 36 hours

Chief Justice Lahore High Court Syed Mansoor Ali Shah on Friday directed the Inspector General Punjab (IG) to arrest the killer of Zainab in 36 hours. The petitioner, a bar member, Shahin Pirzada has sought direction for the government to legislate for th
Published 13 Jan, 2018 12:00am
Tareen files review petition

Tareen files review petition

Invoking the apex court's review jurisdiction on Friday, Pakistan Tehreek-e-Insaf leader Jahangir Khan Tareen requested the court to revisit his disqualification from Parliament on the grounds that he didn't conceal assets intentionally while submitting h
Published 13 Jan, 2018 12:00am
Tareen files review petition

Tareen files review petition

Invoking the apex court's review jurisdiction on Friday, Pakistan Tehreek-e-Insaf leader Jahangir Khan Tareen requested the court to revisit his disqualification from Parliament on the grounds that he didn't conceal assets intentionally while submitting h
Published 13 Jan, 2018 12:00am
Tareen files review petition

Tareen files review petition

Invoking the apex court''s review jurisdiction on Friday, Pakistan Tehreek-e-Insaf leader Jahangir Khan Tareen requested the court to revisit his disqualification from Parliament on the grounds that he didn''t conceal assets intentionally while submitting
Published 13 Jan, 2018 12:00am
Imported cotton: FBR to notify waiver of GST and duty: official
Cotton

Imported cotton: FBR to notify waiver of GST and duty: official

The Federal Board of Revenue (FBR) will issue a notification on the withdrawal customs duty and sales tax on the import of cotton. Sources told Business Recorder that the SRO will be issued in line with the decision of the Economic Coordination Com
Published 13 Jan, 2018 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 13 Jan, 2018 12:00am
Imported cotton: FBR to notify waiver of GST and duty: official
Cotton

Imported cotton: FBR to notify waiver of GST and duty: official

The Federal Board of Revenue (FBR) will issue a notification on the withdrawal customs duty and sales tax on the import of cotton. Sources told Business Recorder that the SRO will be issued in line with the decision of the Economic Coordination Com
Published 13 Jan, 2018 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 13 Jan, 2018 12:00am
Imported cotton: FBR to notify waiver of GST and duty: official
Cotton

Imported cotton: FBR to notify waiver of GST and duty: official

The Federal Board of Revenue (FBR) will issue a notification on the withdrawal customs duty and sales tax on the import of cotton. Sources told Business Recorder that the SRO will be issued in line with the decision of the Economic Coordination Com
Published 13 Jan, 2018 12:00am
Qatar, UAE clash over alleged airspace violation

Qatar, UAE clash over alleged airspace violation

Gulf rivals Qatar and the United Arab Emirates traded accusations Friday over a complaint by Doha that an Emirati fighter jet had violated its airspace. Qatar, which has faced a boycott by Arab states including the UAE since last June, said it had lodged
Published 13 Jan, 2018 12:00am
Qatar, UAE clash over alleged airspace violation

Qatar, UAE clash over alleged airspace violation

Gulf rivals Qatar and the United Arab Emirates traded accusations Friday over a complaint by Doha that an Emirati fighter jet had violated its airspace. Qatar, which has faced a boycott by Arab states including the UAE since last June, said it had lodged
Published 13 Jan, 2018 12:00am
Merkel makes breakthrough in bid to form coalition

Merkel makes breakthrough in bid to form coalition

Chancellor Angela Merkel said her conservatives reached a breakthrough deal Friday with Germany's second biggest party, the Social Democrats, to build a new coalition government to give Europe a "fresh start". After more than 24 hours of talks and months
Published 13 Jan, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (January 12, 2018).

Published 13 Jan, 2018 12:00am
No reversal of policy on real estate valuation, says FBR

No reversal of policy on real estate valuation, says FBR

"The Federal Board of Revenue (FBR) has taken strong exception to news reports appearing in a section of the press claiming the downward revision of real estate valuation for some areas has partially reversed the policy decision taken in 2016 for adoption
Published 13 Jan, 2018 12:00am
No reversal of policy on real estate valuation, says FBR

No reversal of policy on real estate valuation, says FBR

"The Federal Board of Revenue (FBR) has taken strong exception to news reports appearing in a section of the press claiming the downward revision of real estate valuation for some areas has partially reversed the policy decision taken in 2016 for adoption
Published 13 Jan, 2018 12:00am
No reversal of policy on real estate valuation, says FBR

No reversal of policy on real estate valuation, says FBR

"The Federal Board of Revenue (FBR) has taken strong exception to news reports appearing in a section of the press claiming the downward revision of real estate valuation for some areas has partially reversed the policy decision taken in 2016 for adoption
Published 13 Jan, 2018 12:00am
THE RUPEE: cautious dealings
Exchange

THE RUPEE: cautious dealings

Cautious dealings were seen on the money market on Friday as manipulators were on the sidelines just to observe developments, dealers said.
Published 13 Jan, 2018 12:00am
THE RUPEE: cautious dealings
Exchange

THE RUPEE: cautious dealings

Cautious dealings were seen on the money market on Friday as manipulators were on the sidelines just to observe developments, dealers said.
Published 13 Jan, 2018 12:00am
US launches airstrike after apparent insider attack

US launches airstrike after apparent insider attack

US Forces carried out an airstrike on an Afghan government militia after an apparent insider attack in eastern Afghanistan, Afghan sources have told AFP, killing as many as 13 fighters. The incident occurred Thursday as US soldiers were patrolling in the
Published 13 Jan, 2018 12:00am
US launches airstrike after apparent insider attack

US launches airstrike after apparent insider attack

US Forces carried out an airstrike on an Afghan government militia after an apparent insider attack in eastern Afghanistan, Afghan sources have told AFP, killing as many as 13 fighters. The incident occurred Thursday as US soldiers were patrolling in the
Published 13 Jan, 2018 12:00am
Pak-Saudi trade deal
Exchange

Pak-Saudi trade deal

Minister of State for Finance and Economic Affairs Rana Mohammad Afzal Khan recently chaired several meetings focused on enhancing bilateral economic cooperation with Saudi Arabia. Reportedly signing a preferential trade agreement with Saudi Arabia also c
Published 13 Jan, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (January 12, 2018).

Published 13 Jan, 2018 12:00am
Abduction attempt

Abduction attempt

The 2017 World Freedom Index has placed Pakistan among the most dangerous countries for journalists. The ordeal of an Islamabad-based journalist will certainly not help improve the country's record, regardless of who was behind the abduction attempt-was i
Published 13 Jan, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (January 12, 2018).

Published 13 Jan, 2018 12:00am
Pakistan on the rise-2018 - II
Exchange

Pakistan on the rise-2018 - II

The year 2018 started well with some significant positive economic indicators, notably, the promising GDP growth, improved country perception, recognition of SMEs as the prime mover of country's economy and the continuity of the inflow of remittances by t
Published 13 Jan, 2018 12:00am
EU Parliament expected to soften euro clearing relocation powers
Exchange

EU Parliament expected to soften euro clearing relocation powers

The European Parliament is aiming to soften plans to give European Union regulators the power to force London's main clearing house to relocate if it wants to continue doing business in the single market after Brexit, an EU lawmaker said. Euro clearing is
Published 13 Jan, 2018 12:00am
Salmonella scandal casts harsh light on France's secretive dairy giant

Salmonella scandal casts harsh light on France's secretive dairy giant

Emmanuel Besnier, scion of the secretive family behind one of the world's biggest dairy groups, is often called "the invisible billionaire", unknown to the French public and even to his own employees. But an outcry over claims the company hid a salmonella
Published 13 Jan, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (January 12, 2018)

Published 13 Jan, 2018 12:00am
Probe into the Sikh massacre

Probe into the Sikh massacre

India's Supreme Court has ordered fresh probe into Sikh massacre. India is to reopen nearly 200 unsolved cases associated with a frenzied massacre of Sikhs in 1984 that left nearly 3,000 dead, mainly in the capital New Delhi. The Supreme Court has said it
Published 13 Jan, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (January 12, 2018).

Published 13 Jan, 2018 12:00am
PTI, PPP, JI, PML-Q, MQM, PSP to join PAT movement

PTI, PPP, JI, PML-Q, MQM, PSP to join PAT movement

The anti-government movement set to begin on January 17 has gained momentum after the gruesome rape and murder of an eight year old girl in Kasur with several political parties announcing their decision to join the Pakistan Awami Tehreek (PAT) chief Tahir
Published 13 Jan, 2018 12:00am
Four alleged terrorists held in Peshawar

Four alleged terrorists held in Peshawar

Four terrorists involved in an attack on Frontier Corps (FC) have been arrested during an operation of Counter Terrorism Department (CTD) in Industrial Zone, Phase-I of Hayatabad. According to a statement issued by the CTD, the terrorists have been identi
Published 13 Jan, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (January 12, 2018).

Published 13 Jan, 2018 12:00am
Iranian envoy, minister discuss trade issues

Iranian envoy, minister discuss trade issues

Ambassador of Iran to Pakistan, Mehdi Honardoost called on Minister of State for Finance and Economic Affairs Rana Muhammad Afzal Khan and discussed matters of bilateral interest with special stress on economic issues here on Friday. During the meeting, t
Published 13 Jan, 2018 12:00am
The Weather

The Weather

The weather report on Friday (January 12, 2018) and the forecast for Saturday (January 13, 2018).

Published 13 Jan, 2018 12:00am
Ceasefire violations: Indian envoy summoned

Ceasefire violations: Indian envoy summoned

Pakistan summoned Acting Indian Deputy High Commissioner on Friday and lodged a strong protest with him on the repeated Indian ceasefire violations including the latest in Kot Kotera Sector, resulting in martyrdom of a 65-year-old lady, Foreign Office sai
Published 13 Jan, 2018 12:00am
China plans to invest in chemical sector

China plans to invest in chemical sector

China has decided to expand its industrial network in Pakistan in chemical sector to develop mutually beneficial cooperative partnership. According to officials, Chemicals maker Zhejiang Huafon New Materials Co Ltd has completed the site selection process
Published 13 Jan, 2018 12:00am
Lawyers, students protest Zainab's gruesome murder

Lawyers, students protest Zainab's gruesome murder

A large number of lawyers, students, child activists, and members of civil society gathered in front of National Press Club on Friday to raise their voice against the gruesome murder after sexual abuse of seven-year-old Zainab in Kasur. The protesters inc
Published 13 Jan, 2018 12:00am
Around 5.7 million kids to be vaccinated against polio in KP

Around 5.7 million kids to be vaccinated against polio in KP

Around 5.7 children below the age of five years would be vaccinated during the upcoming anti-polio campaign in Khyber Pakhtunkhwa. This was stated during a meeting of Emergency Operations Centre (EOC) Khyber Pakhtunkhwa chaired by Coordinator EOC, Atif Re
Published 13 Jan, 2018 12:00am
Hakim Said remembered

Hakim Said remembered

Speakers at the meeting of Hamdard Naunehal Assembly Karachi chapter paid rich tribute to Hakim Mohammed Said and said that he was a torch bearer of education and knowledge in the country.
Published 13 Jan, 2018 12:00am
Government urged to include child abuse law in curriculum

Government urged to include child abuse law in curriculum

Members of opposition parties in the National Assembly urged the government on Friday to ensure strict implementation of relevant laws on child abuse and include the subject in curriculum for child protection and awareness of the society. The House deferr
Published 13 Jan, 2018 12:00am
Ad hoc body formed to run PMDC's affairs

Ad hoc body formed to run PMDC's affairs

Upholding the decision of Lahore High Court, Supreme Court on Friday formed an ad hoc council to run the affairs of Pakistan Medical & Dental Council (PM&DC) in the chair of former judge of the apex court, Justice Mian Shakirullah Jan.
Published 13 Jan, 2018 12:00am
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