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Archive - 2018-01-20
Friday's early afternoon trade: S&P and Nasdaq edge higher

Friday's early afternoon trade: S&P and Nasdaq edge higher

The S&P 500 and the Nasdaq edged higher on Friday following positive brokerage recommendations on a bunch of consumer names, but the Dow was reined in by losses in IBM. Philip Morris, Nike and Home Depot rose between 1.3 percent and 4 percent as analysts
Published 20 Jan, 2018 12:00am
Tokyo stocks gain

Tokyo stocks gain

Tokyo stocks closed higher Friday, shrugging off declines on Wall Street, with sentiment buoyed by hopes for Japanese corporate reports as the earnings season approaches. The Nikkei 225 index gained 0.19 percent, or 44.69 points, to 23,808.06, leaving it
Published 20 Jan, 2018 12:00am
Hang Seng ends at new peak

Hang Seng ends at new peak

Hong Kong's Hang Seng Index ended at a new high, up for the sixth week in a row, led by property shares, as mainland money gushed into the city. HSCE, an index tracking mainland companies, registered a 16-day winning streak. Chinese investors used up 42 p
Published 20 Jan, 2018 12:00am
UK retail sales slide after Black Friday boost

UK retail sales slide after Black Friday boost

British retail sales slid 1.5 percent in December from the previous month after consumers had brought forward their Christmas shopping owing to Black Friday deals, official data showed Friday. It was the biggest monthly fall since June 2016 and larger tha
Published 20 Jan, 2018 12:00am
Million-euro bill for firm behind Paris bike-share chaos

Million-euro bill for firm behind Paris bike-share chaos

Paris's public cycle hire company said Friday it would hit its contractor with a one-million-euro bill for a chaotic rollout of new bikes that has infuriated cyclists. The grey Velib bikes - usually ubiquitous across the French capital - have been virtual
Published 20 Jan, 2018 12:00am
France to host 140 foreign CEOs for pre-Davos summit

France to host 140 foreign CEOs for pre-Davos summit

Nearly 140 chief executives from companies around the world will gather at the Versailles Palace outside Paris on Monday, as the French government steps up its efforts to attract more foreign investors. President Emmanuel Macron orchestrated what is being
Published 20 Jan, 2018 12:00am
HSBC in $100 million forex fraud settlement
Exchange

HSBC in $100 million forex fraud settlement

British financial giant HSBC has agreed to pay more than $100 million to US authorities after admitting to defrauding clients during multi-billion-dollar foreign exchange transactions, the Justice Department announced Thursday. The settlement follows an i
Published 20 Jan, 2018 12:00am
Eurozone to reward Greece for controversial reforms
Currency

Eurozone to reward Greece for controversial reforms

Greece on Friday won a green light for more bailout cash from its eurozone creditors after pushing through a wave of controversial reforms that drew angry strikes and protests earlier this week. A meeting of senior officials from the 19 countries that mak
Published 20 Jan, 2018 12:00am
Singapore sparks mockery with Instagram 'influencers' for budget

Singapore sparks mockery with Instagram 'influencers' for budget

Singapore's government has sparked mockery after hiring social media "influencers" to try to interest the younger generation in the budget, with messages about "inflationary pressure" and "balanced budgets" popping up on Instagram.
Published 20 Jan, 2018 12:00am
IBM returns to growth after 6 years

IBM returns to growth after 6 years

International Business Machines Corp's revenue rose for the first time in 23 quarters, beating analysts' estimates, but the company warned that a higher tax rate this year would eat into its profit. IBM's shares, which have rallied 10 percent so far this
Published 20 Jan, 2018 12:00am
China sees births fall despite push for second child

China sees births fall despite push for second child

The number of births in China fell last year even though the world's most populous country has relaxed its one-child policy to allow all couples to have two children. The country saw 17.23 million births in 2017, compared to 17.86 million in the previous
Published 20 Jan, 2018 12:00am
Reliance posts 25 percent rise in profits, Jio turns profitable

Reliance posts 25 percent rise in profits, Jio turns profitable

Indian oil-to-telecom conglomerate Reliance Industries on Friday beat analyst estimates to post a 25 percent rise in consolidated net profit, aided by its telecom start-up Jio turning profitable within 17 months of its launch.
Published 20 Jan, 2018 12:00am
Boeing willing to keep Brazil's 'golden share' in Embraer deal

Boeing willing to keep Brazil's 'golden share' in Embraer deal

Boeing Co is working to overcome the Brazilian military's objections to its proposed tie-up with Embraer SA with alternatives that would preserve the government's strategic veto rights and ensure safeguards for its defense programs, four people familiar w
Published 20 Jan, 2018 12:00am
US FOB Gulf corn bids weaker

US FOB Gulf corn bids weaker

Basis bids for corn shipped by barge to the US Gulf Coast were mostly steady to weaker on Wednesday, anchored by rising futures prices, traders said. CIF soyabean basis bids were mostly steady to firm on tight spot supplies, while CIF wheat basis bids wer
Published 20 Jan, 2018 12:00am
Mills away from normal business on cotton market
Cotton

Mills away from normal business on cotton market

Mills on lack of buying interest, stayed away from the normal business on the cotton market on Saturday, dealers said. The official spot rate was unchanged at Rs 7,500, they added. In ready session, nearly 2,600 bales of cotton changed hands between 6800-
Published 20 Jan, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 158,096 tonnes of cargo comprising 111,565 tonnes of import cargo and 46,531 tonnes of export cargo including 6,379 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 111
Published 20 Jan, 2018 12:00am
US natural gas futures jump to seven-month high

US natural gas futures jump to seven-month high

US natural gas futures jumped to a seven-month high on Wednesday on forecasts for cooler weather and more heating demand next week than previously expected. At the same time, traders noted, the rate at which production was expected to recover from freezin
Published 20 Jan, 2018 12:00am
Euronext wheat bounces off contract lows

Euronext wheat bounces off contract lows

Euronext wheat rose on Wednesday in a rebound from contract lows supported by an easing in the euro and an upturn in Chicago futures. March milling wheat, the most active contract on Paris-based Euronext, settled 1.50 euros higher at 156 euros a tonne.
Published 20 Jan, 2018 12:00am
CBOT soyabean futures edge up

CBOT soyabean futures edge up

Chicago Board of Trade soyabean futures edged up on Wednesday after trading lower for most of the day, lifted by short-covering and spillover support from higher corn and wheat, traders said. Benchmark CBOT March soyabeans gained 3/4 cents to settle at $9
Published 20 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 3,350. The traded value of Metals, Energy and COTS/FX was recorded at PKR 5.222 billion and the number of lots traded was 6,709.
Published 20 Jan, 2018 12:00am
New Year resolution

New Year resolution

Many of us who enter New Year make auspicious and ambitious resolutions. Be it weight management, healthy diet, physical exercise, improving professional skills, leaving smoking, drinking or drugs, working on honing inter-personal relationship, improving
Published 20 Jan, 2018 12:00am
Queen Elizabeth's candid views of coronation and royal jewels

Queen Elizabeth's candid views of coronation and royal jewels

Speaking for the first time about her coronation 65 years ago, Britain's Queen Elizabeth has revealed how uncomfortable riding in her golden carriage to the ceremony was and how wearing the Imperial State Crown risked "breaking your neck". Elizabeth, Brit
Published 20 Jan, 2018 12:00am
Yoga face-toning might compete with fillers and facelifts

Yoga face-toning might compete with fillers and facelifts

To his toolbox of Botox, fillers and plastic surgery, cosmetic dermatologist Dr Murad Alam has added a new, low-cost, noninvasive anti-aging treatment: facial yoga. Dermatologists measured improvements in the appearance of the faces of a small group of mi
Published 20 Jan, 2018 12:00am
ART FACTS: shakeel Siddiqui's majestic still life

ART FACTS: shakeel Siddiqui's majestic still life

There are a few artists who are doing still life nowadays but Shakeel Siddiqui's love affair with this genre continues from early 70s till his death on 11 January, 2018. He has chosen to paint the most unimpressive and ordinary things around us, which mad
Published 20 Jan, 2018 12:00am
Unexpressed emotions

Unexpressed emotions

Creating a positive, supportive environment that promotes creativity is necessary for youngsters as we must understand the importance of art in building a child's personality. Hence Arts for youth mean less depression, fewer behavioural problems and impro
Published 20 Jan, 2018 12:00am
New 'emotional' robots aim to read human feelings

New 'emotional' robots aim to read human feelings

The robot called Forpheus does more than play a mean game of table tennis. It can read body language to gauge its opponent's ability, and offer advice and encouragement. "It will try to understand your mood and your playing ability and predict a bit about
Published 20 Jan, 2018 12:00am
Partner's scent eases women's response to stress

Partner's scent eases women's response to stress

During a stressful time, smelling a partner's scent might help ease anxiety, a study suggests. Stress levels dropped in women who smelled their partner's shirt during a stress test but rose in women who smelled a stranger's shirt, researchers found.
Published 20 Jan, 2018 12:00am
Beyond the car: how tech firms are exploring the future of transport

Beyond the car: how tech firms are exploring the future of transport

Carless commuting is cruising in the fast lane at the Consumer Electronics Show, with companies showing off electric bicycles, scooters, skateboards and more aimed at making the internal combustion engine a thing of the past. As the ranks of people around
Published 20 Jan, 2018 12:00am
'Coco' guitars all the rage in Mexico

'Coco' guitars all the rage in Mexico

Salvador Meza has been making guitars since he was a boy, but his leathery hands have never had to churn them out as fast as now - thanks to the hit movie "Coco." Meza, 41, is one of many renowned guitar-makers in the Mexican town of Paracho, which has be
Published 20 Jan, 2018 12:00am
Saudi Arabia begins screening films after decades-long ban lifted

Saudi Arabia begins screening films after decades-long ban lifted

Saudi Arabia began screening feature-length animated children's films this weekend in a makeshift theater, after a 35-year-old ban on cinemas was lifted in the conservative Islamic kingdom. The first permanent theaters could open as early as March, part o
Published 20 Jan, 2018 12:00am
Colour returns to Hollywood's red carpets but Time's Up still strong

Colour returns to Hollywood's red carpets but Time's Up still strong

After making a strong statement in black dresses at the Golden Globes to protest sexual harassment, actresses brought a burst of color back to the red carpet last week but said the message of the Time's Up campaign will continue throughout Hollywood's awa
Published 20 Jan, 2018 12:00am
BRIDGE NOTES: match point defence at Bridge

BRIDGE NOTES: match point defence at Bridge

Not many inexperienced players excited about playing in a Pairs Tournament really know exactly what they need to try and achieve. For the strategy and tactics at a pairs game is vastly different from what players used to Rubber Bridge or Team Event compet
Published 20 Jan, 2018 12:00am
Messages from Chairman PEOC

Messages from Chairman PEOC

Pakistan holds a significantly higher ranking on the list of Edible Oil and Oil Seeds importing countries, which it shall retain in decades to come due to persistent demographic, agronomic and geographic compulsions. Indeed the signing of Free Trade Agree
Published 20 Jan, 2018 12:00am
Message from Chief Executive PEOC

Message from Chief Executive PEOC

On behalf of the organizing committee, I am honored and delighted to welcome all of you to the 3rd Pakistan Edible Oil Conference (PEOC-2018). With the overwhelming response we received in our previous two PEOC Conferences held in 2016 & 2017, we are moti
Published 20 Jan, 2018 12:00am
Message from Chairman PVMA

Message from Chairman PVMA

It gives me great pleasure to welcome the international and local dignitaries to the 3rd Pakistan Edible oil Conference & Price Out-look 2018. PEOC is fast becoming an important ?xture in the international calendar regarding the edible oils and fats secto
Published 20 Jan, 2018 12:00am
Message from Chairman APSEA

Message from Chairman APSEA

I would like to welcome and pay my gratitude to all delegates to PEOC 2018 participating from all over the world. The Solvent Industry of Pakistan is growing rapidly and similar challenges are also there to this industry. PEOC is definitely providing a fo
Published 20 Jan, 2018 12:00am
Message from Chairman PEORA

Message from Chairman PEORA

With warm wishes I welcome you on this auspicious occasion of our 3rd Pakistan Edible Conference (PEOC) & Price Outlook-2018 on 19th & 20th January, 2018 at Movenpick Hotel, Karachi. The launch of this reputable conference is one of the success story of o
Published 20 Jan, 2018 12:00am
Message from Chairman PSMA

Message from Chairman PSMA

Alhamdolillah it gives me great pleasure to express my views regarding Pakistan Edible Oil Conference (PEOC) while the second conference of its kind was held last year in Karachi, Pakistan. Getting encouragement from the overwhelming success of PEOC 2017,
Published 20 Jan, 2018 12:00am
Upsurge in import of oilseeds

Upsurge in import of oilseeds

The appetite for imports of oilseeds is growing rapidly in Pakistan. Soybean, Canola, Rapeseeds, Sunflower seeds, etc are continuously being imported by the shipload by traders and industries. Every now and then, they make projections of demand but then r
Published 20 Jan, 2018 12:00am
An overview of edible oil industry in Pakistan
Exchange

An overview of edible oil industry in Pakistan

It gives me immense pleasure to congratulate the Organizers of the international Event of 3rd Pakistan Edible Oil Conference (PEOC) being held in Karachi on 19th& 20th January, 2018. PEOC has been successful in achieving its objective in effective manner.
Published 20 Jan, 2018 12:00am
PEOC - a perfect showcase for the edible oil, oilseed and soap industry

PEOC - a perfect showcase for the edible oil, oilseed and soap industry

The Pakistan Edible Oil Conference (PEOC) which started its journey in February 2016 is indeed a perfect showcase for the Edible Oil and Oilseed Industry of Pakistan. Pakistan is the Third largest importer of Edible Oils and one of the key importers of Oi
Published 20 Jan, 2018 12:00am
Pakistani Oilseed Market - the Growth Continues
Cotton

Pakistani Oilseed Market - the Growth Continues

The Pakistani oilseed market, which started to grow sharply three years ago with the introduction of soybean crushing, continues on its path to becoming one of the fastest growing sectors in the region. As shown in Figure 1 below, the imports have grown q
Published 20 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 20 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 20 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 19, 2018).

Published 20 Jan, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (January 19, 2018).
Published 20 Jan, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (January 19, 2018).

Published 20 Jan, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (January 19, 2018).

Published 20 Jan, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (January 19, 2018).

Published 20 Jan, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (January 19, 2018).

Published 20 Jan, 2018 12:00am
PSM advisors directed to prepare liability settlement plan

PSM advisors directed to prepare liability settlement plan

Federal Minister for Privatization Daniyal Aziz has directed financial advisors of Pakistan Steel Mills to update all data on PSM, prepare the liability settlement plan, devise a five to seven years revenue plan to ensure the financial viability of PSM an
Published 20 Jan, 2018 12:00am
PSM advisors directed to prepare liability settlement plan

PSM advisors directed to prepare liability settlement plan

Federal Minister for Privatization Daniyal Aziz has directed financial advisors of Pakistan Steel Mills to update all data on PSM, prepare the liability settlement plan, devise a five to seven years revenue plan to ensure the financial viability of PSM an
Published 20 Jan, 2018 12:00am
PSM advisors directed to prepare liability settlement plan

PSM advisors directed to prepare liability settlement plan

Federal Minister for Privatization Daniyal Aziz has directed financial advisors of Pakistan Steel Mills to update all data on PSM, prepare the liability settlement plan, devise a five to seven years revenue plan to ensure the financial viability of PSM an
Published 20 Jan, 2018 12:00am
Current account deficit up by 59 percent in first half
Exchange

Current account deficit up by 59 percent in first half

The country's current account deficit sharply increased by 59 percent during the first half of this fiscal year, mainly due to rising goods import bill. Economists said foreign exchange earnings from exports and remittances are insufficient to offset a he
Published 20 Jan, 2018 12:00am
Current account deficit up by 59 percent in first half
Exchange

Current account deficit up by 59 percent in first half

The country's current account deficit sharply increased by 59 percent during the first half of this fiscal year, mainly due to rising goods import bill. Economists said foreign exchange earnings from exports and remittances are insufficient to offset a he
Published 20 Jan, 2018 12:00am
Current account deficit up by 59 percent in first half
Exchange

Current account deficit up by 59 percent in first half

The country''s current account deficit sharply increased by 59 percent during the first half of this fiscal year, mainly due to rising goods import bill. Economists said foreign exchange earnings from exports and remittances are insufficient to offset a h
Published 20 Jan, 2018 12:00am
LSM posts nine-year-high growth

LSM posts nine-year-high growth

Large Scale Manufacturing (LSM) has registered a healthy broad-based growth of 10 percent during first quarter of FY18. The achieved growth is the highest quarterly growth since FY09. According to State Bank of Pakistan (SBP) quarterly report on economy,
Published 20 Jan, 2018 12:00am
LSM posts nine-year-high growth

LSM posts nine-year-high growth

Large Scale Manufacturing (LSM) has registered a healthy broad-based growth of 10 percent during first quarter of FY18. The achieved growth is the highest quarterly growth since FY09. According to State Bank of Pakistan (SBP) quarterly report on economy,
Published 20 Jan, 2018 12:00am
LSM posts nine-year-high growth

LSM posts nine-year-high growth

Large Scale Manufacturing (LSM) has registered a healthy broad-based growth of 10 percent during first quarter of FY18. The achieved growth is the highest quarterly growth since FY09. According to State Bank of Pakistan (SBP) quarterly report on economy,
Published 20 Jan, 2018 12:00am
Economy well poised to achieve 6 percent growth: SBP
Exchange

Economy well poised to achieve 6 percent growth: SBP

The State Bank of Pakistan (SBP) Friday said that prospects for GDP growth remained strong and indicators suggest that the economy is well poised to achieve the target growth of 6 percent for FY18. However, in order to maintain this virtuous equilibrium o
Published 20 Jan, 2018 12:00am
Economy well poised to achieve 6 percent growth: SBP
Exchange

Economy well poised to achieve 6 percent growth: SBP

The State Bank of Pakistan (SBP) Friday said that prospects for GDP growth remained strong and indicators suggest that the economy is well poised to achieve the target growth of 6 percent for FY18. However, in order to maintain this virtuous equilibrium o
Published 20 Jan, 2018 12:00am
Economy well poised to achieve 6 percent growth: SBP
Exchange

Economy well poised to achieve 6 percent growth: SBP

The State Bank of Pakistan (SBP) Friday said that prospects for GDP growth remained strong and indicators suggest that the economy is well poised to achieve the target growth of 6 percent for FY18. However, in order to maintain this virtuous equilibrium o
Published 20 Jan, 2018 12:00am
PM for cashing in on GSP Plus opportunity

PM for cashing in on GSP Plus opportunity

Prime Minister Shahid Khaqan Abbasi has directed the Ministry of Commerce and relevant missions abroad to maintain a focused approach towards ensuring continuation of GSP Plus status for the country and take all necessary measures to maintain the growth-o
Published 20 Jan, 2018 12:00am
PM for cashing in on GSP Plus opportunity

PM for cashing in on GSP Plus opportunity

Prime Minister Shahid Khaqan Abbasi has directed the Ministry of Commerce and relevant missions abroad to maintain a focused approach towards ensuring continuation of GSP Plus status for the country and take all necessary measures to maintain the growth-o
Published 20 Jan, 2018 12:00am
PM for cashing in on GSP Plus opportunity

PM for cashing in on GSP Plus opportunity

Prime Minister Shahid Khaqan Abbasi has directed the Ministry of Commerce and relevant missions abroad to maintain a focused approach towards ensuring continuation of GSP Plus status for the country and take all necessary measures to maintain the growth-o
Published 20 Jan, 2018 12:00am
US to overtake Saudi as crude oil producer: IEA

US to overtake Saudi as crude oil producer: IEA

The United States are set to overtake Saudi Arabia as the world's number two oil producer after Russia this year, as shale companies, attracted by rising prices, ramp up drilling, the International Energy Agency said on Friday. "This year promises to be a
Published 20 Jan, 2018 12:00am
US to overtake Saudi as crude oil producer: IEA

US to overtake Saudi as crude oil producer: IEA

The United States are set to overtake Saudi Arabia as the world's number two oil producer after Russia this year, as shale companies, attracted by rising prices, ramp up drilling, the International Energy Agency said on Friday. "This year promises to be a
Published 20 Jan, 2018 12:00am
US to overtake Saudi as crude oil producer: IEA

US to overtake Saudi as crude oil producer: IEA

The United States are set to overtake Saudi Arabia as the world''s number two oil producer after Russia this year, as shale companies, attracted by rising prices, ramp up drilling, the International Energy Agency said on Friday. "This year promises to be
Published 20 Jan, 2018 12:00am
BRIndex100 stays bullish
Exchange

BRIndex100 stays bullish

Pakistan Stock Exchange witnessed another bullish session on the back of healthy buying in various sectors. BRIndex100 gained 59.93 points or 1.28 percent to close at 4,755.17 points Friday. BRIndex100 touched intraday high of 4,757.66 and intraday low of
Published 20 Jan, 2018 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 20 Jan, 2018 12:00am
BRIndex100 stays bullish
Exchange

BRIndex100 stays bullish

Pakistan Stock Exchange witnessed another bullish session on the back of healthy buying in various sectors. BRIndex100 gained 59.93 points or 1.28 percent to close at 4,755.17 points Friday. BRIndex100 touched intraday high of 4,757.66 and intraday low of
Published 20 Jan, 2018 12:00am
BRIndex100 stays bullish
Exchange

BRIndex100 stays bullish

Pakistan Stock Exchange witnessed another bullish session on the back of healthy buying in various sectors. BRIndex100 gained 59.93 points or 1.28 percent to close at 4,755.17 points Friday. BRIndex100 touched intraday high of 4,757.66 and intraday low of
Published 20 Jan, 2018 12:00am
India charges photojournalist with sedition

India charges photojournalist with sedition

India's National Investigation Agency yesterday charged photojournalist Kamran Yousuf with criminal conspiracy, attempting to wage war against India, and sedition, according to news reports. Authorities charged Yousuf alongside 12 others accused of anti-s
Published 20 Jan, 2018 12:00am
Munnu Bhai passes away

Munnu Bhai passes away

Octogenarian Munnu Bhai, much-celebrated journalist, columnist, playwright, poet and hum-anist, died of protracted kidney and heart problems, here on Friday. He left behind a widow, a son and a daughter and hundreds of thousands of admirers in and outside
Published 20 Jan, 2018 12:00am
Munnu Bhai passes away

Munnu Bhai passes away

Octogenarian Munnu Bhai, much-celebrated journalist, columnist, playwright, poet and hum-anist, died of protracted kidney and heart problems, here on Friday. He left behind a widow, a son and a daughter and hundreds of thousands of admirers in and outside
Published 20 Jan, 2018 12:00am
Return of Afghan refugees: US urged to provide economic package

Return of Afghan refugees: US urged to provide economic package

Interior Minister Ahsan Iqbal Friday asked the United States to provide an economic package for honorable return of three million Afghan refugees from Pakistan to their homeland instead of indulging in blame games. He said Pakistan cannot be expected to c
Published 20 Jan, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (January 19, 2018).

Published 20 Jan, 2018 12:00am
Return of Afghan refugees: US urged to provide economic package

Return of Afghan refugees: US urged to provide economic package

Interior Minister Ahsan Iqbal Friday asked the United States to provide an economic package for honorable return of three million Afghan refugees from Pakistan to their homeland instead of indulging in blame games. He said Pakistan cannot be expected to c
Published 20 Jan, 2018 12:00am
Return of Afghan refugees: US urged to provide economic package

Return of Afghan refugees: US urged to provide economic package

Interior Minister Ahsan Iqbal Friday asked the United States to provide an economic package for honorable return of three million Afghan refugees from Pakistan to their homeland instead of indulging in blame games. He said Pakistan cannot be expected to c
Published 20 Jan, 2018 12:00am
Finance Division clarification

Finance Division clarification

The spokesman for the Finance Division said here Wednesday that the news report "CCP Chairman, Members: Appointment made without Cabinet Division's Approval" appeared in Business Recorder, was not based on facts. "Federal Cabinet in its decision of Februa
Published 20 Jan, 2018 12:00am
Finance Division clarification

Finance Division clarification

The spokesman for the Finance Division said here Wednesday that the news report "CCP Chairman, Members: Appointment made without Cabinet Division's Approval" appeared in Business Recorder, was not based on facts. "Federal Cabinet in its decision of Februa
Published 20 Jan, 2018 12:00am
Finance Division clarification

Finance Division clarification

The spokesman for the Finance Division said here Wednesday that the news report "CCP Chairman, Members: Appointment made without Cabinet Division''s Approval" appeared in Business Recorder, was not based on facts. "Federal Cabinet in its decision of Febru
Published 20 Jan, 2018 12:00am
THE RUPEE: further decline
Currency

THE RUPEE: further decline

The rupee extended overnight slide against the dollar on the money market on Friday in process of trading activity, dealers said. Range-bound trading activity was again witnessed in the inter-bank market as the rupee sustained its present levels in relati
Published 20 Jan, 2018 12:00am
Finance Division clarification

Finance Division clarification

The spokesman for the Finance Division said here Wednesday that the news report "CCP Chairman, Members: Appointment made without Cabinet Division''''s Approval" appeared in Business Recorder, was not based on facts. "Federal Cabinet in its decision of Feb
Published 20 Jan, 2018 12:00am
THE RUPEE: further decline
Currency

THE RUPEE: further decline

The rupee extended overnight slide against the dollar on the money market on Friday in process of trading activity, dealers said. Range-bound trading activity was again witnessed in the inter-bank market as the rupee sustained its present levels in relati
Published 20 Jan, 2018 12:00am
US military puts 'great power competition' at heart of strategy: Mattis

US military puts 'great power competition' at heart of strategy: Mattis

The US military has put countering China and Russia at the centre of a new national defence strategy unveiled on Friday, the latest sign of shifting American priorities after more than a decade and a half of focusing on the fight against Islamist militant
Published 20 Jan, 2018 12:00am
US military puts 'great power competition' at heart of strategy: Mattis

US military puts 'great power competition' at heart of strategy: Mattis

The US military has put countering China and Russia at the centre of a new national defence strategy unveiled on Friday, the latest sign of shifting American priorities after more than a decade and a half of focusing on the fight against Islamist militant
Published 20 Jan, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (January 19, 2018).

Published 20 Jan, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (January 19, 2018).

Published 20 Jan, 2018 12:00am
SBP's 'Systemic Risk Survey'
Exchange

SBP's 'Systemic Risk Survey'

The State Bank of Pakistan (SBP) has launched another risk assessment tool to be known as Systemic Risk Survey (SRS) to gauge the views of market participants and experts about various existing and emerging risks that can potentially undermine the stabili
Published 20 Jan, 2018 12:00am
A case of divided loyalties

A case of divided loyalties

The issue of 'dual nationals' holding public office has been awaiting equitable settlement for more than five years, ie, since September 2012, when the Supreme Court disqualified 11 legislators from remaining members of Parliament as well as provincial as
Published 20 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 19, 2018)

Published 20 Jan, 2018 12:00am
SME - prime mover of the economy

SME - prime mover of the economy

The most significant point to emerge from the fourth Pakistan Economic Forum meeting held this week was a reference on the importance of SMEs in the economical growth of the country. It's another matter the subject demanded a full session. The focus of th
Published 20 Jan, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (January 19, 2018).

Published 20 Jan, 2018 12:00am
Climate for press freedom worsens in Missouri, surrounding states

Climate for press freedom worsens in Missouri, surrounding states

An already adverse environment for journalists in the Midwestern United States has worsened in the year since President Trump's inauguration, an international group of media watchdogs concluded after traveling to the state of Missouri. The group also met
Published 20 Jan, 2018 12:00am
US workforce shortages bolster case for Fed rate hikes

US workforce shortages bolster case for Fed rate hikes

HydraForce Inc is going to almost desperate lengths, including offering to bus in out-of-town workers, to find the muscle it needs to meet growing demand for hydraulic valves from its three factories north of Chicago.
Published 20 Jan, 2018 12:00am
US' 'do more' mantra

US' 'do more' mantra

A news story "Pakistan not seeking restoration of security assistance, US told" carried by Business Recorder in its yesterday's issue gives a clear picture of the current status of US-Pakistan bilateral relationship. That the situation is still far
Published 20 Jan, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (January 19, 2018).

Published 20 Jan, 2018 12:00am
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