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Archive - 2018-02-18
JI for revamping political system
Pakistan Top News

JI for revamping political system

NOWSHERA: Ameer, Jamaat e Islami (JI) Senator Sirajul Haq has stressed the need of revamping prevailing political sy
Published 18 Feb, 2018 10:45pm
Woman gives birth to child outside hospital

Woman gives birth to child outside hospital

Two lady doctors of Aziz Bhatti Shaheed Teaching Hospital were suspended after a woman gave birth to child outside hospital on Saturday. According to details, the woman with labour pain was shifted to Aziz Bhatti Shaheed Teaching Hospital Gujrat but the a
Published 18 Feb, 2018 12:00am
Tharies evince interest in girls cricket matches

Tharies evince interest in girls cricket matches

As part of the Thar Foundation's larger agenda of empowering women in all fields and after successful launch of its women dump truck driving program, the Foundation marks history of Thar by initiating girls-specific sport competitions and events in the ar
Published 18 Feb, 2018 12:00am
Occasions, MoltyFoam bring 'Asaan Shaadi' to Karachiites

Occasions, MoltyFoam bring 'Asaan Shaadi' to Karachiites

The Wedding Expo Karachi (TWEK) 2018 is an event that is brought to you by Occasions - Events Planners & Organizers in collaboration with MoltyFoam. TWEK 2018 is committed to bringing Pakistan's most renowned wedding exhibitors together on one platform.
Published 18 Feb, 2018 12:00am
Commissioner visits exhibition at St Joseph's School

Commissioner visits exhibition at St Joseph's School

Commissioner Karachi Ejaz Ahmed Khan visited the exhibition entitled "Innovations of 21st Century" organised by St Joseph's Convent School. Projects prepared by the students of the school highlighted innovative technologies from the 21st century.
Published 18 Feb, 2018 12:00am
MCCPK, Pink Ribbon collaborate for World Cancer Day

MCCPK, Pink Ribbon collaborate for World Cancer Day

METRO Cash & Carry Pakistan collaborated with Pink Ribbon (Women's Empowerment Group) observed "Pink Ribbon Week Marking World Cancer Day" starting from 4th Feb to 11th Feb 2018 aimed at disseminating awareness about breast cancer.
Published 18 Feb, 2018 12:00am
Senate polls: LHC rejects petition challenging nomination of PM's sister

Senate polls: LHC rejects petition challenging nomination of PM's sister

The Lahore High Court on Saturday dismissed a petition of the Pakistan Tehreek-e-Insaf ( PTI) challenging the nomination papers of Prime Minister Shahid Khaqan Abbasi's sister Sadia Abbasi for the forthcoming Senate polls. An appellate bench of the high c
Published 18 Feb, 2018 12:00am
PTI Mardan workers protest against district Nazim

PTI Mardan workers protest against district Nazim

Workers of Pakistan Tehreek-e-Insaf (PTI) Mardan chapter on Saturday staged protest rally against district nazim Himaytullah Mayar for allegedly creating hurdles in the developmental works in the district. Large numbers of PTI workers from different parts
Published 18 Feb, 2018 12:00am
PBIF chief for promoting tourism industry in Kashmir

PBIF chief for promoting tourism industry in Kashmir

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has urged Prime Minister Azad Kashmir Raja Muhammad Farooq Haider Khan and other concerned departments for taking measures to attract local and foreign investors.
Published 18 Feb, 2018 12:00am
Teaching skills training programme ends

Teaching skills training programme ends

Four days training on modern teaching skills - Inquiry Based Science Education-IBSE was ended on Saturday organized by Sindh Community Foundation, with support of Community Development Program (CDP) Planning and Development Board, Government of Sindh with
Published 18 Feb, 2018 12:00am
Cellphone import surges to $376.498 million

Cellphone import surges to $376.498 million

The country's mobile phones import surged by 14.38 percent to $376.498 million in July-Dec 2017, official figures say. Increase in handsets import grows by $47.321 million in July-Dec 2017 from $329.177 million in July-Dec 2016, Pakistan Bureau of Statist
Published 18 Feb, 2018 12:00am
Three brothers die within space of 30 minutes

Three brothers die within space of 30 minutes

A heart wrenching incident occurred in Ilyas Colony area of Gujranwala on Friday where three real brothers died in the space of 30 minutes. Zahid Ali, 35, committed suicide on Friday for unknown reasons by shooting himself, a statement from the Saddar pol
Published 18 Feb, 2018 12:00am
APTMA urges CM to solve energy tariff issue

APTMA urges CM to solve energy tariff issue

The Textile Industry Associations of Punjab on Saturday demanded that Chief Minister Punjab Shahbaz Sharif should take practical steps to solve the longstanding issues of duty drawback and energy tariff faced by provincial industry sector. While addressin
Published 18 Feb, 2018 12:00am
Trend of mud-slinging may disrupt polls: Liaqat

Trend of mud-slinging may disrupt polls: Liaqat

Secretary General, Jamaat-e-Islami, Liaqat Baloch, has said that the fire spitting by the national leaders on one another at the close of the general elections was a matter of deep concern and must be discarded. Addressing different party meeting at in th
Published 18 Feb, 2018 12:00am
Zardari regrets his remarks about Rao Anwar

Zardari regrets his remarks about Rao Anwar

Former President Asif Ali Zardari has regretted the remarks he made in interview with a private channel on Friday that sought to give the impression of supporting the absconding former SSP Malir Rao Anwar. Spokesperson Senator Farhatullah Babar said that
Published 18 Feb, 2018 12:00am
LEJA office-bearers felicitated

LEJA office-bearers felicitated

Progressive Group of the Lahore Chamber of Commerce and Industry (LCCI) has congratulated Nasir Jamal, Muhammad Ali Asghar, Saeed Baloch and Shahzad Khan Abdali on assuming the charge of President, Senior Vice President, Secretary General and Finance Secr
Published 18 Feb, 2018 12:00am
Criticising court verdicts our legal right: Ahsan

Criticising court verdicts our legal right: Ahsan

Federal Minister for Interior and Planning, Development and Reforms Dr Ahsan Iqbal said on Saturday the economy is in a take off position but some elements are trying to spread political chaos in the country. "Everyone must take a look at his own role and
Published 18 Feb, 2018 12:00am
Hearing adjourned in Rs 10 billion defamation suit against Imran

Hearing adjourned in Rs 10 billion defamation suit against Imran

The hearing in defamation case against Pakistan Tehreek-e-Insaf Chairperson Imran Khan, filed by Punjab Chief Minister Shehbaz Sharif, has been adjourned for two weeks. The court has adjourned the Rs 10 billion defamation suit hearing as additional sessio
Published 18 Feb, 2018 12:00am
'Over 2,800 missing persons recovered'

'Over 2,800 missing persons recovered'

Chairman NAB Javed Iqbal has performed his duties exceptionally well as president National Commission for enforced disappearance and due to his personal interest and efforts Commission has recovered more than 2,800 missing persons besides ensuring safe re
Published 18 Feb, 2018 12:00am
13 IJT, four Pashtun, Baloch students expelled from PU

13 IJT, four Pashtun, Baloch students expelled from PU

The Punjab University (PU) administration taking stern action against students involved in creating law and order situation on campus on January 22 has expelled 13 students affiliated with Islami Jamiat Talaba (IJT) and four students of Pashtun/Baloch org
Published 18 Feb, 2018 12:00am
Changes in design: Rs 2.5 billion hike anticipated in PBRT's cost

Changes in design: Rs 2.5 billion hike anticipated in PBRT's cost

An increase of Rs 2.5 billion in the cost of Peshawar Bus Rapid Transit (PBRT) project is expected due to over a dozen changes introduced in design of the project. The Peshawar Bus Rapid Transit is a multi-billion rupees project of Khyber Pakhtunkhwa (KP)
Published 18 Feb, 2018 12:00am
Voter's thumb, not umpire's finger, makes decision: Nawaz

Voter's thumb, not umpire's finger, makes decision: Nawaz

Former prime minister Nawaz Sharif told supporters at the rally in Lodhran that decisions are made by voters' thumbs not the umpires finger. He said he has come to the city to congratulate the people for recent victory of his party in the by-election agai
Published 18 Feb, 2018 12:00am
PM, Nawaz discuss political strategy
Exchange

PM, Nawaz discuss political strategy

Prime Minister Shahid Khaqan Abbasi met Pakistan Muslim League-Nawaz (PML-N) President Nawaz Sharif at his Jati Umra residence on Saturday and discussed the country's current political situation besides exchanging views on different options regarding futu
Published 18 Feb, 2018 12:00am
No financial plans for underprivileged class available, regrets Rabbani

No financial plans for underprivileged class available, regrets Rabbani

Chairman Senate Mian Raza Rabbani Saturday observed that unfortunately, after every five or six years, government announces an amnesty schemes waive off loans borrowed by the elites. While addressing participants of an event hosted by Azmat Pakistan Found
Published 18 Feb, 2018 12:00am
Prices of essential kitchen items witness decline

Prices of essential kitchen items witness decline

Prices of essential kitchen items witnessed a reduction during this week past against the preceding week, a survey conducted by Business Recorder revealed here on Saturday. The survey observed that the price of live chicken further went down from R
Published 18 Feb, 2018 12:00am
Parliament supreme institution of country: Shahbaz Baber

Parliament supreme institution of country: Shahbaz Baber

Parliamentary Secretary for Information and Broadcasting Chaudhary Shehbaz Babar Saturday said parliament was the supreme institution and it had an important role for making or amending in the existing laws of the country. Talking to PTV, he said after wi
Published 18 Feb, 2018 12:00am
Budget to be business-friendly: Afzal

Budget to be business-friendly: Afzal

State Minister for Finance Rana Muhammad Afzal Khan on Saturday said the federal budget 2018-19 will be business-friendly and utmost efforts would be made to make it tax free. He was addressing a function at the Faisalabad Chamber of Commerce and Industry
Published 18 Feb, 2018 12:00am
France lifts maize, sugar beet crop estimates, cuts wheat again

France lifts maize, sugar beet crop estimates, cuts wheat again

France's farm ministry further increased its estimates of last year's sugar beet and grain maize crops to reflect bumper yields, but revised down soft wheat output again due to a reduction in the harvested area. In a crop report published on Tuesday, the
Published 18 Feb, 2018 12:00am
Funds cover more CBOT shorts amid continued weather woes

Funds cover more CBOT shorts amid continued weather woes

Speculators have come a long way from last month's all-time record bearishness in Chicago-traded grains and oilseeds as they covered a sizable amount of short positions for the second week in a row. In the week ended Feb. 6, money managers expunged 100,15
Published 18 Feb, 2018 12:00am
Drought to persist in Argentine Pampas through February
Exchange

Drought to persist in Argentine Pampas through February

Drought in the heart of Argentina's Pampas grains belt is likely to persist through the second half of February, further reducing yields of soya and corn in the 2017-18 season, climate experts said on Wednesday. A three-month dry spell has led the US gove
Published 18 Feb, 2018 12:00am
Indonesia eyes lax palm oil rules in EU trade deal
Vegetable Oil

Indonesia eyes lax palm oil rules in EU trade deal

Palm oil giant Indonesia is pressing the European Union to abandon plans to apply strict environmental standards to the sector and silence "negative" criticism about the commodity, documents obtained by AFP have revealed.
Published 18 Feb, 2018 12:00am
US shale output seen rising 111,000 bpd to 6.76 million bpd in March

US shale output seen rising 111,000 bpd to 6.76 million bpd in March

US crude production from major shale formations is expected to rise in March by 111,000 barrels per day from the previous month to 6.76 million bpd, the US Energy Information Administration (EIA) said in a monthly report on Monday. That expected increase
Published 18 Feb, 2018 12:00am
Tightening Colombian coffee supplies shrink US inventories
Exchange

Tightening Colombian coffee supplies shrink US inventories

US importers are buying up Colombian coffee from warehouses as shipments run late and inventories fall, lifting prices after poor crop weather hurt output in the world's biggest grower of high-quality arabica beans. Colombian coffee supplies have tightene
Published 18 Feb, 2018 12:00am
US set to lose top spot as global corn exporter to Brazil

US set to lose top spot as global corn exporter to Brazil

Brazil could eclipse the United States as the world's top exporter of corn within five years, ending decades of US dominance over the market for one of the world's basic foodstuffs. Brazil is growing in stature as a global agricultural powerhouse. America
Published 18 Feb, 2018 12:00am
White House reforms security clearances to address scandal

White House reforms security clearances to address scandal

White House Chief of Staff John Kelly has ordered changes to the way staff gain access to America's most closely guarded secrets, after a top aide worked for months without full clearance. Kelly, a former Marine Corps general, proposed a series of tweaks
Published 18 Feb, 2018 12:00am
Four Israeli soldiers wounded in blast near Gaza border

Four Israeli soldiers wounded in blast near Gaza border

An explosion at Israel's border with the Gaza Strip wounded four Israeli soldiers on Saturday, the army said, adding it retaliated by targeting an observation post inside the Palestinian enclave. An army statement said "two soldiers were severely wounded,
Published 18 Feb, 2018 12:00am
Maldives seeks foreign help to investigate arrested judges' wealth

Maldives seeks foreign help to investigate arrested judges' wealth

Maldives will seek help from other countries to investigate judges suspected of taking bribes and "hijacking" the Supreme Court to drag the island nation into political crisis, a senior Maldives diplomat told Reuters in an interview.
Published 18 Feb, 2018 12:00am
Ethiopia imposes six-month emergency rule

Ethiopia imposes six-month emergency rule

Ethiopia said Saturday that a state of emergency will remain in place for six months, as the authorities banned protests to quell what they termed "chaos and unruliness" despite condemnation from key ally the United States.
Published 18 Feb, 2018 12:00am
Suicide blasts kill 19 in northeast Nigeria

Suicide blasts kill 19 in northeast Nigeria

Three suicide bombers killed 19 people at a fish market in northeast Nigeria, civilian militia leaders said on Saturday, in an attack blamed on Boko Haram jihadists. Friday's deadly attacks came in the week that hundreds of Boko Haram suspects went on tri
Published 18 Feb, 2018 12:00am
Drone kills two Al-Qaeda suspects as Yemen troops launch assault

Drone kills two Al-Qaeda suspects as Yemen troops launch assault

A US drone strike in central Yemen killed two suspected Al-Qaeda members on a motorbike including a local commander, a security official said Saturday. The strike came as UAE-backed Yemeni special forces launched a new offensive against Al-Qaeda in southe
Published 18 Feb, 2018 12:00am
Thousands of Kurds stage protest march in France

Thousands of Kurds stage protest march in France

Thousands of Kurds marched through the French city of Strasbourg on Saturday to call for the release of jailed PKK founder Abdullah Ocalan and protest against Turkey's military offensive in Syria. "UN, take your responsibility and stop the genocide in Afr
Published 18 Feb, 2018 12:00am
Oxfam pulls out of UK government bids as chief hits out

Oxfam pulls out of UK government bids as chief hits out

The head of Oxfam on Friday hit back at criticism over a prostitution scandal that he said was "out of proportion", as the British charity agreed not to bid for more government funds until it cleans up its act. Chief executive Mark Goldring has repeatedly
Published 18 Feb, 2018 12:00am
Hundreds throng airport as Zimbabwe opposition leader's body flown in

Hundreds throng airport as Zimbabwe opposition leader's body flown in

Hundreds thronged Zimbabwe's main airport Saturday as the body of opposition icon Morgan Tsvangirai, who died of cancer in neighbouring South Africa, arrived home for burial. Tsvangirai, a fearless opponent to the ruling ZANU-PF party, died on Wednesday a
Published 18 Feb, 2018 12:00am
Crisis-hit UKIP decides fate of latest leader

Crisis-hit UKIP decides fate of latest leader

Members of Britain's anti-EU UK Independence Party (UKIP) will decide Saturday whether to keep their latest leader following pressure over his private life that he compared to the scrutiny of Princess Diana. Henry Bolton, who was elected in September, has
Published 18 Feb, 2018 12:00am
Merkel's fate in SPD hands as members vote on power pact

Merkel's fate in SPD hands as members vote on power pact

Leaders of Germany's Social Democrats voiced hope Saturday they would be able to persuade rank-and-file members to join forces in government with Chancellor Angela Merkel and end a damaging political impasse. The SPD started campaigning Saturday ahead of
Published 18 Feb, 2018 12:00am
Brazil's Temer in Rio as army takes security control

Brazil's Temer in Rio as army takes security control

President Michel Temer on Saturday arrived in Rio de Janeiro to begin implementing his decree giving the military full control over security in crime-plagued Rio de Janeiro. Temer was to meet Governor Luiz Fernando Pezao, several ministers and General Wal
Published 18 Feb, 2018 12:00am
Trump visits Florida shooting survivors, FBI admits it missed tip

Trump visits Florida shooting survivors, FBI admits it missed tip

US President Donald Trump on Friday visited a Florida hospital to offer comfort to those wounded in a mass school shooting, after the FBI admitted it mishandled a tip about the troubled teen behind the massacre that left 17 dead.
Published 18 Feb, 2018 12:00am
Kosovo celebrates 10 years since splitting from Serbia

Kosovo celebrates 10 years since splitting from Serbia

Kosovo on Saturday celebrates 10 years since it declared independence, a moment of pride for its ethnic Albanian majority, although sovereignty remains fiercely contested by Serbia. The capital Pristina is covered in the blue and yellow colours of the Kos
Published 18 Feb, 2018 12:00am
Melania shuns cameras as second woman alleges Trump affair

Melania shuns cameras as second woman alleges Trump affair

US First Lady Melania Trump on Friday chose not to leave the White House with her husband as planned to catch a flight to Florida, after a second woman claimed she had an affair with the now president. The 47-year-old Slovenian-born model skipped the heli
Published 18 Feb, 2018 12:00am
Two dead in France factory explosion
Vegetable Oil

Two dead in France factory explosion

Two maintenance workers were killed when an explosion followed by a fire ripped through a vegetable oil refinery in the French coastal city of Dieppe on Saturday. The cause of the blast in one of the oil tanks is not yet known, according to the local pref
Published 18 Feb, 2018 12:00am
Hanyu makes history as snowboarder pulls off Olympic ski shock

Hanyu makes history as snowboarder pulls off Olympic ski shock

"Ice Prince" Yuzuru Hanyu clinched the first back-to-back men's Olympic figure skating title in 66 years on Saturday as snowboarder Ester Ledecka pulled off a major shock as she skied to women's super-G gold. Hanyu lost his balance twice in his free skate
Published 18 Feb, 2018 12:00am
Russians blank USA in intense Olympic hockey showdown

Russians blank USA in intense Olympic hockey showdown

Ilya Kovalchuk and Nikolai Prokhorkin each scored two goals and the Olympic Athletes from Russia blanked arch-rival United States 4-0 in an electric atmosphere on Saturday at the Pyeongchang Winter Olympic men's hockey tournament. Russia has not won Olymp
Published 18 Feb, 2018 12:00am
Stoch retains Olympic ski jump title at the death

Stoch retains Olympic ski jump title at the death

Poland's Kamil Stoch produced a clutch final jump of 136.5 metres to retain his Olympic title in a cliff-hanging men's large hill ski jump final Saturday. Stoch's team mates hoisted the 30-year-old onto their shoulders after he pipped Andreas Wellinger at
Published 18 Feb, 2018 12:00am
Rizvi's/Master Paints reach Spring Polo final

Rizvi's/Master Paints reach Spring Polo final

The heroics of Hamza Mawaz Khan and Juan Cruz Losada helped Rizvi's/Master Paints set main final clash against Army Whites after they outlasted Barry's by 6-31/2 in the crucial match of Spring Polo Cup 2018 played here at the Lahore Polo Club (LPC) ground
Published 18 Feb, 2018 12:00am
Snow Hiking and Trekking Championship begins

Snow Hiking and Trekking Championship begins

National Snow Hiking and Trekking Championship with the collaboration of Directorate of Sports KP and Alpine Association Khyber Pakhtunkhwa got under way at snow covered Nathiagali, famous for its scenic beauty and trekking. Players from across Pakistan t
Published 18 Feb, 2018 12:00am
GCU holds sports gala

GCU holds sports gala

A colourful sports gala of Political Science Department of Government College University (GCU) Lahore was held here at the University's Oval Ground which was marked by athletics meet, colourful Gymkhana events and cricket matches. Besides students, the de
Published 18 Feb, 2018 12:00am
West Brom crisis rumbles on with Southampton Cup defeat

West Brom crisis rumbles on with Southampton Cup defeat

A week to forget for West Brom was rounded off with an FA Cup exit as fellow Premier League strugglers Southampton won 2-1 at the Hawthorns on Saturday to reach the quarter-finals. West Brom boss Alan Pardew named Jonny Evans and Gareth Barry in his start
Published 18 Feb, 2018 12:00am
PCB, ITU to ink MoU for android app 'Insights'

PCB, ITU to ink MoU for android app 'Insights'

Dr Umar Saif founding Vice Chancellor Information Technology University of the Punjab (ITU) and Najam Aziz Sethi Chairman Pakistan Cricket Board (PCB) will sign a memorandum of understanding on Sunday (today) at Qadhafi Stadium, Lahore at 4 pm to use an a
Published 18 Feb, 2018 12:00am
Saqlain to assist Peshawar Zalmi's coach

Saqlain to assist Peshawar Zalmi's coach

Defending champions Peshawar Zalmi of the Pakistan Super League (PSL) have included off spinner Saqlain Mushtaq in its coaching staff for the third edition of the PSL-III, which will get underway in Dubai from February 22. Peshawar Zalmi's head coach Moha
Published 18 Feb, 2018 12:00am
Nishikori advances

Nishikori advances

Kei Nishikori edged closer to a first ATP Tour in two years at the New York Open on Friday after coming from behind to defeat Moldova's Radu Albot and claim a semi-final berth. The Japanese fifth seed, who is on his way back from a five-month injury layof
Published 18 Feb, 2018 12:00am
Top of the world: Federer becomes oldest number one

Top of the world: Federer becomes oldest number one

Roger Federer became the oldest world number one on Friday when the 20-time Grand Slam title winner reached the semi-finals of the Rotterdam Open. The 36-year-old Swiss overcame an early setback to beat Robin Haase of the Netherlands 4-6, 6-1, 6-1 and wil
Published 18 Feb, 2018 12:00am
Barcelona grind out victory in Eibar before Chelsea trip

Barcelona grind out victory in Eibar before Chelsea trip

Luis Suarez and Jordi Alba were on target as Barcelona saw off Eibar 2-0 on Saturday to continue their unbeaten record in La Liga and extend their lead at the top of the table. Lionel Messi had a hand in both goals against an Eibar side who finished the m
Published 18 Feb, 2018 12:00am
It's not finished yet says 'world best' Kohli

It's not finished yet says 'world best' Kohli

Indian captain Virat Kohli, labelled the best batsman in the world by head coach Ravi Shastri, wants his team to rise to one more challenge before they finish their gruelling South African tour. "The tour is not over," said Kohli ahead of a three-match Tw
Published 18 Feb, 2018 12:00am
Chinese yuan to weaken if Fed sticks to policy tightening path
Exchange

Chinese yuan to weaken if Fed sticks to policy tightening path

The Chinese yuan will erase most of its substantial gains so far in 2018 against the dollar over the coming year, a Reuters poll showed, provided the US Federal Reserve delivers at least three interest rate hikes this year, as most economists expect.
Published 18 Feb, 2018 12:00am
Speculators trim bearish dollar bets to six-week low
Currency

Speculators trim bearish dollar bets to six-week low

Speculators' net short bets on the US dollar in the latest week shrank to a six-week low, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net short dollar positions - derived from net
Published 18 Feb, 2018 12:00am
Only Angola's central bank can sell forex
Exchange

Only Angola's central bank can sell forex

Angola's central bank said on Monday it was the sole responsibility of commercial banks to sell foreign currency to the public and that it would sell forex only to large importers of essential goods. The southern African nation in January abandoned the kw
Published 18 Feb, 2018 12:00am
Dollar set for another weekly loss, euro at three-year high
Currency

Dollar set for another weekly loss, euro at three-year high

The dollar limped back from a three-year low against a basket of currencies on Friday but still marked its fifth weekly loss out of seven weeks this year, driving the euro up to its highest level since December 2014. The US currency has been weighed down
Published 18 Feb, 2018 12:00am
Forex trading up sharply in 2018 as volatility returns
Exchange

Forex trading up sharply in 2018 as volatility returns

Foreign exchange trading volumes have risen sharply since the start of this year, new data showed on Thursday, as investors ramped up bets on a weaker dollar and uncertainty about the end of the era of cheap money stoked volatility.
Published 18 Feb, 2018 12:00am
Canadian dollar weakens
Exchange

Canadian dollar weakens

The Canadian dollar weakened against its US counterpart on Friday, pulling back from an earlier 11-day high as the greenback broadly climbed and domestic data showed a drop in manufacturing sales. The US dollar limped back from a three-year low against a
Published 18 Feb, 2018 12:00am
Cuba prepares to end dual currency system
Currency

Cuba prepares to end dual currency system

For more than two decades, Cubans have used a unique dual currency system to protect a fragile economy, but with just weeks of his mandate remaining, President Raul Castro has signalled much-delayed change is finally coming.
Published 18 Feb, 2018 12:00am
Iran eyeing Iraqi flour market via Russia wheat deal

Iran eyeing Iraqi flour market via Russia wheat deal

Iran is negotiating a wheat import deal with Russia that would allow it to increase flour exports to neighbouring Iraq, the secretary general of the Iran Federation of Food Industry Associations told Reuters on Saturday. The deal would involve importing a
Published 18 Feb, 2018 12:00am
Burkina Faso expects record 55 tonnes of gold in 2018
Cotton

Burkina Faso expects record 55 tonnes of gold in 2018

Burkina Faso expects to produce a record 55 tonnes of gold in 2018, a two-thirds increase on five years ago, as new projects in the landlocked West African country come on tap, the mines minister told Reuters in an interview.
Published 18 Feb, 2018 12:00am
Foreign investment in Canada securities dips

Foreign investment in Canada securities dips

Foreign investment in Canadian securities slipped slightly in December after five strong months but international demand over the year was high enough to set an annual record, Statistics Canada said on Friday.
Published 18 Feb, 2018 12:00am
Foreign investment in Canada securities dips

Foreign investment in Canada securities dips

Foreign investment in Canadian securities slipped slightly in December after five strong months but international demand over the year was high enough to set an annual record, Statistics Canada said on Friday.
Published 18 Feb, 2018 12:00am
Japan, short of workers, eyes hiking optional pension age beyond 70

Japan, short of workers, eyes hiking optional pension age beyond 70

Japan has okayed plans to let people choose to start drawing their state pensions beyond the age of 70 as it grapples with severe labour shortages, ballooning welfare costs and a shrivelling tax base stemming from its greying population.
Published 18 Feb, 2018 12:00am
Airbus sees initial details of Franco-German fighter in second half 2018

Airbus sees initial details of Franco-German fighter in second half 2018

Initial details of a planned Franco-German programme to develop a next-generation fighter jet should emerge in the second half of 2018, the head of Airbus's defence unit told Reuters on Friday. Hoke said France and Germany would work out in coming months
Published 18 Feb, 2018 12:00am
Indonesia inks $1.1 billion deal with Russia to buy 11 jets
Exchange

Indonesia inks $1.1 billion deal with Russia to buy 11 jets

Indonesia has inked a billion-dollar deal to buy 11 Sukhoi Su-35 jets from Russia, an official said Saturday. The contract, signed by both countries' representatives in Jakarta on Wednesday, is worth a total $1.14 billion, Indonesia defence ministry spoke
Published 18 Feb, 2018 12:00am
France to broaden scope of veto over foreign takeovers
Exchange

France to broaden scope of veto over foreign takeovers

France is to broaden the scope of legislation which can be used to veto foreign takeovers, extending it to the fields of artificial intelligence, microchips, space and data storage, Prime Minister Edouard Philippe said on Friday. The French government ado
Published 18 Feb, 2018 12:00am
Venezuela cryptocurrency to draw investment from Turkey, Qatar
Currency

Venezuela cryptocurrency to draw investment from Turkey, Qatar

Venezuela's new "petro" cryptocurrency will attract investments from Turkey, Qatar, the United States and Europe, the country's cryptocurrency regulator said on Friday. The government of President Nicolas Maduro, which says the petro will help skirt finan
Published 18 Feb, 2018 12:00am
Fitch raises Greece's debt rating, citing stability, growth

Fitch raises Greece's debt rating, citing stability, growth

The Fitch ratings agency on Friday upgraded Greece's sovereign debt grade, citing budget surpluses, greater political stability and the growing economy. The agency raised the debt rating one notch to 'B' from 'B-,' leaving the country in the "highly specu
Published 18 Feb, 2018 12:00am
Fitch raises Greece's debt rating, citing stability, growth

Fitch raises Greece's debt rating, citing stability, growth

The Fitch ratings agency on Friday upgraded Greece's sovereign debt grade, citing budget surpluses, greater political stability and the growing economy. The agency raised the debt rating one notch to 'B' from 'B-,' leaving the country in the "highly specu
Published 18 Feb, 2018 12:00am
US Commerce Department proposes hefty import curbs on steel, aluminium

US Commerce Department proposes hefty import curbs on steel, aluminium

The US Commerce Department has recommended that President Donald Trump impose steep curbs on steel and aluminium imports from China and other countries ranging from global and country-specific tariffs to broad import quotas, according to proposals release
Published 18 Feb, 2018 12:00am
GE exploring industrial gas engine business sale
Exchange

GE exploring industrial gas engine business sale

General Electric Co is exploring a sale of its industrial gas engine business that could be worth as much as $2 billion, according to people familiar with the matter. The move comes after Chief Executive Officer John Flannery, who took over as CEO last su
Published 18 Feb, 2018 12:00am
S&P 500 caps off strongest week in five years
Exchange

S&P 500 caps off strongest week in five years

The S&P 500 ended marginally higher on Friday and closed out its fastest-climbing week since 2013, although it surrendered most of its earlier gain for the day after a US grand jury indicted several Russians for meddling in the 2016 presidential election.
Published 18 Feb, 2018 12:00am
Hedge funds wager on inflation with consumer, materials shares
Exchange

Hedge funds wager on inflation with consumer, materials shares

Several big-name hedge funds made bets on consumer discretionary and materials stocks at the end of 2017 that could benefit from signs of rising inflation that have roiled US markets over the last two weeks. Farallon Capital Management LLC, a $25.4 billio
Published 18 Feb, 2018 12:00am
Hedge funds wager on inflation with consumer, materials shares
Exchange

Hedge funds wager on inflation with consumer, materials shares

Several big-name hedge funds made bets on consumer discretionary and materials stocks at the end of 2017 that could benefit from signs of rising inflation that have roiled US markets over the last two weeks. Farallon Capital Management LLC, a $25.4 billio
Published 18 Feb, 2018 12:00am
US stock investors shrug off higher yields, for now

US stock investors shrug off higher yields, for now

Spooked one week, sanguine the next. Some stock investors are drawing optimism from the market's ability to move upwards in the face of loftier yields - even though those higher yields were partly blamed for last week's violent selloff. Those investors ar
Published 18 Feb, 2018 12:00am
Egypt issues $4 billion in Eurobonds

Egypt issues $4 billion in Eurobonds

Egypt has raised $4 billion in a dollar-denominated Eurobond sale that closed late on Tuesday, the finance ministry said, part of a drive to plug its budget deficit and boost dollar holdings as it pursues an IMF-backed reform programme. The bonds were iss
Published 18 Feb, 2018 12:00am
Egypt issues $4 billion in Eurobonds

Egypt issues $4 billion in Eurobonds

Egypt has raised $4 billion in a dollar-denominated Eurobond sale that closed late on Tuesday, the finance ministry said, part of a drive to plug its budget deficit and boost dollar holdings as it pursues an IMF-backed reform programme. The bonds were iss
Published 18 Feb, 2018 12:00am
Treasuries outlook: prices gain after selloff, track foreign bonds

Treasuries outlook: prices gain after selloff, track foreign bonds

US Treasury prices edged higher on Friday, as investors bought back bonds after a selloff earlier in the week spurred by robust US inflation data that fed the view that the Federal Reserve may hike interest rates more aggressively than expected. US benchm
Published 18 Feb, 2018 12:00am
Treasuries outlook: prices gain after selloff, track foreign bonds

Treasuries outlook: prices gain after selloff, track foreign bonds

US Treasury prices edged higher on Friday, as investors bought back bonds after a selloff earlier in the week spurred by robust US inflation data that fed the view that the Federal Reserve may hike interest rates more aggressively than expected. US benchm
Published 18 Feb, 2018 12:00am
UK funds raise stocks to 2-1/2-year high, cash at 5-year lows

UK funds raise stocks to 2-1/2-year high, cash at 5-year lows

UK investors started the year by raising equity exposure to a 2-1/2-year high as world stocks scaled fresh all-time peaks, but some asset managers warned of complacency and the dangers of irrational exuberance. Reuters' latest monthly asset allocation pol
Published 18 Feb, 2018 12:00am
UK funds raise stocks to 2-1/2-year high, cash at 5-year lows

UK funds raise stocks to 2-1/2-year high, cash at 5-year lows

UK investors started the year by raising equity exposure to a 2-1/2-year high as world stocks scaled fresh all-time peaks, but some asset managers warned of complacency and the dangers of irrational exuberance. Reuters' latest monthly asset allocation pol
Published 18 Feb, 2018 12:00am
TSX racks up best week in two years
Exchange

TSX racks up best week in two years

Canada's main stock index rose on Friday as a boost from the heavyweight energy sector helped the market rack up its best weekly performance in nearly two years. The Toronto Stock Exchange's S&P/TSX composite index finished up 44.98 points, or 0.29 percen
Published 18 Feb, 2018 12:00am
Philippines readies global bonds sale

Philippines readies global bonds sale

The Philippines is looking to issue sovereign bonds in the first quarter of the year to help finance this year's budget, its finance minister said on Monday, signaling the government is stepping up efforts to upgrade the nation's infrastructure.
Published 18 Feb, 2018 12:00am
Philippines readies global bonds sale

Philippines readies global bonds sale

The Philippines is looking to issue sovereign bonds in the first quarter of the year to help finance this year's budget, its finance minister said on Monday, signaling the government is stepping up efforts to upgrade the nation's infrastructure.
Published 18 Feb, 2018 12:00am
Strategie Grains cuts EU export forecast for fourth month

Strategie Grains cuts EU export forecast for fourth month

Consultancy Strategie Grains on Thursday cut its forecast for the European Union's soft wheat exports this season, citing poor competitiveness of French and Polish wheat on the world market. The analyst projected exports in the current 2017/2018 (July/Jun
Published 18 Feb, 2018 12:00am
Brazilian instant coffee exports to return to 2016 record

Brazilian instant coffee exports to return to 2016 record

A large 2018 harvest is expected to help the Brazilian instant coffee industry recover market share and boost exports in line with 2016 records, after a weak 2017, a leading industry executive told Reuters. Brazil is the world's largest exporter of instan
Published 18 Feb, 2018 12:00am
European gasoline margins regain some ground

European gasoline margins regain some ground

Gasoline refining margins in northwest Europe regained some ground on Thursday amid sliding crude oil futures and still-strong demand in West Africa. Traders said demand was somewhat precarious, with limited exports to the United States due to high stocks
Published 18 Feb, 2018 12:00am
Argentina's soyabean harvest to be less than 50 million tonnes
Exchange

Argentina's soyabean harvest to be less than 50 million tonnes

Argentina could harvest fewer than 50 million tonnes of soyabeans in the 2017-18 crop year the lead analyst at the Rosario grains exchange told Reuters on Wednesday, as a prolonged drought looks set to continue harming yields. No significant rains are exp
Published 18 Feb, 2018 12:00am
Grain movements at Brazil ports jumped to 80 percent in 2017

Grain movements at Brazil ports jumped to 80 percent in 2017

The amount of soya and corn moved through Brazil's new port terminals in the country's north reached 51.2 million tonnes in 2017, 80 percent more than a year earlier, as traders increase shipments through the terminals that are closer to export destinatio
Published 18 Feb, 2018 12:00am
US wheat futures firm

US wheat futures firm

US wheat futures firmed on Thursday, led by a 1.8 percent gain in the most active K.C. hard red winter wheat contract, traders said. Dry conditions in the US Plains that threatened the health of the crop there supported the gains in K.C. wheat.
Published 18 Feb, 2018 12:00am
Gazprom demands discounts from Russian pipemakers

Gazprom demands discounts from Russian pipemakers

Gas giant Gazprom is demanding big discounts from Russian pipeline suppliers for its major projects, industry sources told Reuters, following the emergence of a producer charging significantly lower prices. In a move likely to shake up the pipe and metals
Published 18 Feb, 2018 12:00am
Buyers keen in dealing of low quality cotton
Cotton

Buyers keen in dealing of low quality cotton

Some leading spinners showed interest in fresh buying of low quality of cotton, which helped to retain present levels, dealers said on Saturday. The official spot rate was unchanged at Rs 7,000, they added. In Sindh and the Punjab, seed cotton prices fell
Published 18 Feb, 2018 12:00am
Rice prices in India and Thailand fall
Exchange

Rice prices in India and Thailand fall

Rice prices in India and Thailand fell this week, pressured by sluggish overseas demand, while Bangladesh scrapped a plan to import Thai rice, citing delays in finalising a deal. In India, prices for 5 percent broken parboiled rice fell by $12 to $420-$42
Published 18 Feb, 2018 12:00am
Paris wheat futures little changed

Paris wheat futures little changed

Paris wheat futures were little changed on Friday as Chicago markets consolidated after a weather-fuelled rally this week and a new high for the euro underlined poor export prospects. May milling wheat on Paris-based Euronext was unchanged on the day at 1
Published 18 Feb, 2018 12:00am
Soyameal remains strong on European feeds market

Soyameal remains strong on European feeds market

Asking prices for soyameal on the European meals and feeds market continued to rise on concerns that poor rainfall in Argentine soyabean growing areas could damage crops and reduce yields. One broker said prospects for a price correction were unlikely as
Published 18 Feb, 2018 12:00am
Brazil leads animal feed production in Latin America

Brazil leads animal feed production in Latin America

Brazil remained the leader in feed production for Latin America and third overall globally, according to a survey, which described the world's largest beef and chicken exporter as an efficient protein producer from a resource perspective. The Alltech glob
Published 18 Feb, 2018 12:00am
Saudi Arabia tenders to buy 960,000 tonnes of barley

Saudi Arabia tenders to buy 960,000 tonnes of barley

Saudi Arabia's main state wheat buying agency the Saudi Grains Organization (SAGO) said on Thursday it has issued a huge international tender to purchase about 960,000 tonnes of animal feed barley. The tender deadline is Friday, Feb. 16, SAGO governor Ahm
Published 18 Feb, 2018 12:00am
Palm oil little changed on European vegoils market
Vegetable Oil

Palm oil little changed on European vegoils market

Palm oil on the European vegetable oils market was mostly offered in a tight range on Thursday following little movement in Malaysian palm oil futures. Asking prices for palm oil were mostly between unchanged and $2.50 per tonne higher after Malaysian pal
Published 18 Feb, 2018 12:00am
CBOT soyabean futures rise

CBOT soyabean futures rise

Chicago Board of Trade soyabean futures rose for the fourth day in a row on Thursday on forecasts for more hot and dry weather across key growing regions in Argentina. The most active soyabean futures contract close near the session peak of $10.24-3/4 a b
Published 18 Feb, 2018 12:00am
Asian naphtha rises for second day

Asian naphtha rises for second day

Asia's naphtha crack rose for a second day to reach a six-session high of $71.03 a tonne on Wednesday, supported by recent demand and weaker raw material Brent oil prices. Buyers including Singapore's PCS, South Korea's Lotte Chemical, China's Unipec and
Published 18 Feb, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (February 17, 2018).

Published 18 Feb, 2018 12:00am
THE RUPEE: weak tone
Currency

THE RUPEE: weak tone

An easier trend prevailed on the money market on Saturday as the rupee gave up firmness versus the dollar in process of trading, currency experts said. The rupee shed 10 paisas in relation to the dollar for buying and selling Rs 111.30 and Rs 111.60 respe
Published 18 Feb, 2018 12:00am
THE RUPEE: weak tone
Currency

THE RUPEE: weak tone

An easier trend prevailed on the money market on Saturday as the rupee gave up firmness versus the dollar in process of trading, currency experts said. The rupee shed 10 paisas in relation to the dollar for buying and selling Rs 111.30 and Rs 111.60 respe
Published 18 Feb, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 17, 2018).

Published 18 Feb, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 17, 2018).

Published 18 Feb, 2018 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (February 17, 2018).

Published 18 Feb, 2018 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 17, 2018).

Published 18 Feb, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (February 17, 2018)

Published 18 Feb, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (February 17, 2018).

Published 18 Feb, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (February 17, 2018).

Published 18 Feb, 2018 12:00am
The Weather

The Weather

The weather report on Saturday (February 17, 2018) and the forecast for Sunday (February 11, 2018).

Published 18 Feb, 2018 12:00am
YOUR RUPEE LAST MONTH
Exchange

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (January 2 to 31, 2018)

Published 18 Feb, 2018 12:00am
Positive conditions push up demand for credit: SBP

Positive conditions push up demand for credit: SBP

The State Bank of Pakistan has observed that the positive changes in economic conditions have significantly contributed to increase in overall demand for credit. According to State Bank of Pakistan's (SBP) Bank Lending Survey (BLS) for the second quarter
Published 18 Feb, 2018 12:00am
Positive conditions push up demand for credit: SBP

Positive conditions push up demand for credit: SBP

The State Bank of Pakistan has observed that the positive changes in economic conditions have significantly contributed to increase in overall demand for credit. According to State Bank of Pakistan's (SBP) Bank Lending Survey (BLS) for the second quarter
Published 18 Feb, 2018 12:00am
Positive conditions push up demand for credit: SBP

Positive conditions push up demand for credit: SBP

The State Bank of Pakistan has observed that the positive changes in economic conditions have significantly contributed to increase in overall demand for credit. According to State Bank of Pakistan''s (SBP) Bank Lending Survey (BLS) for the second quarter
Published 18 Feb, 2018 12:00am
Zainab's killer handed four death sentences

Zainab's killer handed four death sentences

An anti-terrorism court Saturday handed four death sentences to a man charged with raping and murdering a six-year-old girl, in a case that shocked the country and sparked major riots in his home district. Imran Ali, 24, was on trial for killing Zainab Fa
Published 18 Feb, 2018 12:00am
Zainab's killer handed four death sentences

Zainab's killer handed four death sentences

An anti-terrorism court Saturday handed four death sentences to a man charged with raping and murdering a six-year-old girl, in a case that shocked the country and sparked major riots in his home district. Imran Ali, 24, was on trial for killing Zainab Fa
Published 18 Feb, 2018 12:00am
IMF's Lagarde warns on rate risk from US tax reform

IMF's Lagarde warns on rate risk from US tax reform

IMF chief Christine Lagarde warned Saturday that economic stimulus from US tax cuts may lead to a rapid rise in interest rates which would weigh on countries with high debt levels. The International Monetary Fund was going to be "attentive" to the consequ
Published 18 Feb, 2018 12:00am
IMF's Lagarde warns on rate risk from US tax reform

IMF's Lagarde warns on rate risk from US tax reform

IMF chief Christine Lagarde warned Saturday that economic stimulus from US tax cuts may lead to a rapid rise in interest rates which would weigh on countries with high debt levels. The International Monetary Fund was going to be "attentive" to the consequ
Published 18 Feb, 2018 12:00am
IMF''s Lagarde warns on rate risk from US tax reform

IMF''s Lagarde warns on rate risk from US tax reform

IMF chief Christine Lagarde warned Saturday that economic stimulus from US tax cuts may lead to a rapid rise in interest rates which would weigh on countries with high debt levels. The International Monetary Fund was going to be "attentive" to the consequ
Published 18 Feb, 2018 12:00am
China vows to protect interests as US eyes trade sanctions

China vows to protect interests as US eyes trade sanctions

China on Saturday warned it would take necessary measures to protect its interests if the US imposes tough trade sanctions against its steel and aluminium exports. The US Commerce Department on Friday recommended imposing heavy tariffs on China and other
Published 18 Feb, 2018 12:00am
China vows to protect interests as US eyes trade sanctions

China vows to protect interests as US eyes trade sanctions

China on Saturday warned it would take necessary measures to protect its interests if the US imposes tough trade sanctions against its steel and aluminium exports. The US Commerce Department on Friday recommended imposing heavy tariffs on China and other
Published 18 Feb, 2018 12:00am
China vows to protect interests as US eyes trade sanctions

China vows to protect interests as US eyes trade sanctions

China on Saturday warned it would take necessary measures to protect its interests if the US imposes tough trade sanctions against its steel and aluminium exports. The US Commerce Department on Friday recommended imposing heavy tariffs on China and other
Published 18 Feb, 2018 12:00am
Terrorists have sanctuaries in Afghanistan: CoAS

Terrorists have sanctuaries in Afghanistan: CoAS

Chief of Army Staff (CoAS) General Qamar Javed Bajwa has said that we can proudly say that no organized militants' camps exist on the soil of Pakistan. The Army Chief stated this while addressing the security conference at Munich, Germany on Saturday.
Published 18 Feb, 2018 12:00am
Terrorists have sanctuaries in Afghanistan: CoAS

Terrorists have sanctuaries in Afghanistan: CoAS

Chief of Army Staff (CoAS) General Qamar Javed Bajwa has said that we can proudly say that no organized militants' camps exist on the soil of Pakistan. The Army Chief stated this while addressing the security conference at Munich, Germany on Saturday.
Published 18 Feb, 2018 12:00am
May pleads for 'urgent' post-Brexit EU security deal

May pleads for 'urgent' post-Brexit EU security deal

British Prime Minister Theresa May pleaded Saturday for an urgent deal with the European Union on post-Brexit security cooperation, warning that citizens' lives were at stake. In a speech at the Munich Security Conference, she acknowledged that no deal cu
Published 18 Feb, 2018 12:00am
India, Iran agree to step up efforts to help Afghanistan

India, Iran agree to step up efforts to help Afghanistan

Indian Prime Minister Narendra Modi and Iranian President Hassan Rouhani agreed on Saturday to step up efforts to bring stability to war-ravaged Afghanistan. Modi reiterated India's commitment to help Afghanistan become "a peaceful, secure, permanent, pro
Published 18 Feb, 2018 12:00am
India, Iran agree to step up efforts to help Afghanistan

India, Iran agree to step up efforts to help Afghanistan

Indian Prime Minister Narendra Modi and Iranian President Hassan Rouhani agreed on Saturday to step up efforts to bring stability to war-ravaged Afghanistan. Modi reiterated India's commitment to help Afghanistan become "a peaceful, secure, permanent, pro
Published 18 Feb, 2018 12:00am
CJP vows to protect fundamental rights of people

CJP vows to protect fundamental rights of people

Hitting out at criticism levelled at him for frequently taking suo motu notices, Chief Justice of Pakistan Mian Saqib Nisar on Saturday said he will fight for protection and provision of fundamental rights of people. He made these remarks while hearing a
Published 18 Feb, 2018 12:00am
CJP vows to protect fundamental rights of people

CJP vows to protect fundamental rights of people

Hitting out at criticism levelled at him for frequently taking suo motu notices, Chief Justice of Pakistan Mian Saqib Nisar on Saturday said he will fight for protection and provision of fundamental rights of people. He made these remarks while hearing a
Published 18 Feb, 2018 12:00am
CJP visits JPMC: Sharjeel, Shahrukh sent back to jail

CJP visits JPMC: Sharjeel, Shahrukh sent back to jail

Headed by the Chief Justice of Pakistan Mian Saqib Nisar, a three-member apex court's bench on Saturday came down hard on Inspector General Prisons Nusrat Mangan, asking him as to why the high profile inmates were routinely taken to hospitals. It ordered
Published 18 Feb, 2018 12:00am
CJP visits JPMC: Sharjeel, Shahrukh sent back to jail

CJP visits JPMC: Sharjeel, Shahrukh sent back to jail

Headed by the Chief Justice of Pakistan Mian Saqib Nisar, a three-member apex court's bench on Saturday came down hard on Inspector General Prisons Nusrat Mangan, asking him as to why the high profile inmates were routinely taken to hospitals. It ordered
Published 18 Feb, 2018 12:00am
Tribunal allows Dar to contest Senate polls

Tribunal allows Dar to contest Senate polls

An election tribunal headed by a Lahore High Court judge on Saturday allowed former finance minister Ishaq Dar to contest Senate elections. Ishaq Dar, who is currently in London undergoing medical treatment, had challenged rejection of his nomination pape
Published 18 Feb, 2018 12:00am
Tribunal allows Dar to contest Senate polls

Tribunal allows Dar to contest Senate polls

An election tribunal headed by a Lahore High Court judge on Saturday allowed former finance minister Ishaq Dar to contest Senate elections. Ishaq Dar, who is currently in London undergoing medical treatment, had challenged rejection of his nomination pape
Published 18 Feb, 2018 12:00am
Institutions should work within domain: PM

Institutions should work within domain: PM

Prime Minister Shahid Khaqan Abbasi has said that all the institutions should work within their constitutional domain and respect each other to take the country forward. He was addressing a ceremony in connection with the launch of Health Insurance Card S
Published 18 Feb, 2018 12:00am
Institutions should work within domain: PM

Institutions should work within domain: PM

Prime Minister Shahid Khaqan Abbasi has said that all the institutions should work within their constitutional domain and respect each other to take the country forward. He was addressing a ceremony in connection with the launch of Health Insurance Card S
Published 18 Feb, 2018 12:00am
Valuation of property on basis of actual market value: FBR

Valuation of property on basis of actual market value: FBR

The Federal Board of Revenue (FBR) has dropped the idea of seeking right to purchase immovable properties at a higher rate than the declared sale price or value of land to check the incidence of massive undervaluation and misdeclaration in the country.
Published 18 Feb, 2018 12:00am
Valuation of property on basis of actual market value: FBR

Valuation of property on basis of actual market value: FBR

The Federal Board of Revenue (FBR) has dropped the idea of seeking right to purchase immovable properties at a higher rate than the declared sale price or value of land to check the incidence of massive undervaluation and misdeclaration in the country.
Published 18 Feb, 2018 12:00am
Valuation of property on basis of actual market value: FBR

Valuation of property on basis of actual market value: FBR

The Federal Board of Revenue (FBR) has dropped the idea of seeking right to purchase immovable properties at a higher rate than the declared sale price or value of land to check the incidence of massive undervaluation and misdeclaration in the country.
Published 18 Feb, 2018 12:00am
Moon says 'too early' for Pyongyang summit

Moon says 'too early' for Pyongyang summit

South Korea's President Moon Jae-in on Saturday said it was too early to think about a summit with North Korea despite the Olympic-driven rapprochement with its nuclear-armed neighbour. Moon last week received an invitation from the North's leader Kim Jon
Published 18 Feb, 2018 12:00am
French rightwing leader under fire over comments to students

French rightwing leader under fire over comments to students

The head of France's rightwing Republicans opposition party came under fire Saturday over comments he made about President Emmanuel Macron and former head of state Nicolas Sarkozy. In clips released Friday, Laurent Wauquiez can be heard telling students a
Published 18 Feb, 2018 12:00am
Sales tax refund process will begin this month: Miftah

Sales tax refund process will begin this month: Miftah

Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Miftah Ismail, has said Sales tax refund process will be started this month, as the working for the purpose has been completed. Speaking at a dinner reception hosted in his honour by Unit
Published 18 Feb, 2018 12:00am
Army troops to Riyadh not for coalition: FO

Army troops to Riyadh not for coalition: FO

Foreign Office spokesperson Dr Faisal Saturday told Aaj News that Pakistani troops being sent to Saudi Arabia under bilateral agreement have nothing to do with the Saudi-led military coalition. Answering questions of renowned anchorperson Shaukat Piracha
Published 18 Feb, 2018 12:00am
Will disclose important secrets after February 18: Tessori

Will disclose important secrets after February 18: Tessori

MQM-P leader Kamran Tessori said on Saturday that he would disclose important secrets pertaining to the party and the prevalent crisis it was facing after February 18. Speaking to a private television channel, Kamran Tessori said that ever since he had co
Published 18 Feb, 2018 12:00am
MQM-P's PIB faction to get its own coordination committee today

MQM-P's PIB faction to get its own coordination committee today

Muttahida Qaumi Movement-Pakistan's (MQM-P) faction led by Dr Farooq Sattar is going to elect its new coordination committee today (Sunday) through intra-party elections in a bid to retaining its hold on the party. MNA Ali Raza Abidi who is supporting Sat
Published 18 Feb, 2018 12:00am
MQM-P's PIB faction to get its own coordination committee today

MQM-P's PIB faction to get its own coordination committee today

Muttahida Qaumi Movement-Pakistan's (MQM-P) faction led by Dr Farooq Sattar is going to elect its new coordination committee today (Sunday) through intra-party elections in a bid to retaining its hold on the party. MNA Ali Raza Abidi who is supporting Sat
Published 18 Feb, 2018 12:00am
CCP unearths 'downstream' cartel

CCP unearths 'downstream' cartel

The Competition Commission of Pakistan (CCP) has unearthed a downstream or horizontal cartel, raising concerns that Pakistani consumers may be suffering due to collusion between certain companies and their dealers/retailers to deprive them of the availabl
Published 18 Feb, 2018 12:00am
CCP unearths 'downstream' cartel

CCP unearths 'downstream' cartel

The Competition Commission of Pakistan (CCP) has unearthed a downstream or horizontal cartel, raising concerns that Pakistani consumers may be suffering due to collusion between certain companies and their dealers/retailers to deprive them of the availabl
Published 18 Feb, 2018 12:00am
CCP unearths ''downstream'' cartel

CCP unearths ''downstream'' cartel

The Competition Commission of Pakistan (CCP) has unearthed a downstream or horizontal cartel, raising concerns that Pakistani consumers may be suffering due to collusion between certain companies and their dealers/retailers to deprive them of the availabl
Published 18 Feb, 2018 12:00am
Strong quake shakes Mexico

Strong quake shakes Mexico

A 7.2-magnitude earthquake rattled Mexico Friday, causing little damage but triggering a tragedy when a minister's helicopter crash-landed on the way to the epicenter, killing two people on the ground. The military helicopter was carrying Interior Ministe
Published 18 Feb, 2018 12:00am
US, Pakistan will continue to work closely against terrorism: Harrigian

US, Pakistan will continue to work closely against terrorism: Harrigian

US Air Force Lieutenant General Jeffrey Harrigian says that America and Pakistan continued to work closely in the fight against terrorism. He was addressing a Pentagon press briefing through a video-conference from Combined Air Operations Center at Al Ude
Published 18 Feb, 2018 12:00am
US, Pakistan will continue to work closely against terrorism: Harrigian

US, Pakistan will continue to work closely against terrorism: Harrigian

US Air Force Lieutenant General Jeffrey Harrigian says that America and Pakistan continued to work closely in the fight against terrorism. He was addressing a Pentagon press briefing through a video-conference from Combined Air Operations Center at Al Ude
Published 18 Feb, 2018 12:00am
Indian investigators arrest three over bank fraud

Indian investigators arrest three over bank fraud

Indian investigators have arrested three people who allegedly helped a billionaire jeweller obtain fake documents for overseas loans in one of the country's biggest bank scams, an official said Saturday.
Published 18 Feb, 2018 12:00am
Indian investigators arrest three over bank fraud

Indian investigators arrest three over bank fraud

Indian investigators have arrested three people who allegedly helped a billionaire jeweller obtain fake documents for overseas loans in one of the country's biggest bank scams, an official said Saturday.
Published 18 Feb, 2018 12:00am
Indian investigators arrest three over bank fraud

Indian investigators arrest three over bank fraud

Indian investigators have arrested three people who allegedly helped a billionaire jeweller obtain fake documents for overseas loans in one of the country''s biggest bank scams, an official said Saturday.
Published 18 Feb, 2018 12:00am
Indian investigators arrest three over bank fraud

Indian investigators arrest three over bank fraud

Indian investigators have arrested three people who allegedly helped a billionaire jeweller obtain fake documents for overseas loans in one of the country''''s biggest bank scams, an official said Saturday.
Published 18 Feb, 2018 12:00am
Nawaz's narrative making inroads into masses

Nawaz's narrative making inroads into masses

The success of former Prime Minister Nawaz Sharif's narrative as to the reasons for his disqualification by the apex court in the Panama Papers case is reflected in the electoral victory of the PML-N in recent bye-elections, including in the February 12 L
Published 18 Feb, 2018 12:00am
Nawaz's narrative making inroads into masses

Nawaz's narrative making inroads into masses

The success of former Prime Minister Nawaz Sharif's narrative as to the reasons for his disqualification by the apex court in the Panama Papers case is reflected in the electoral victory of the PML-N in recent bye-elections, including in the February 12 L
Published 18 Feb, 2018 12:00am
Lavrov calls US election meddling claims 'blabber'

Lavrov calls US election meddling claims 'blabber'

Russian Foreign Minister Sergei Lavrov on Saturday dismissed as "blabber" accusations that Moscow had interfered in the US election that brought President Donald Trump to power. "So as long as we don't see facts, everything else is blabber," Lavrov said a
Published 18 Feb, 2018 12:00am
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