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Archive - 2018-03-03
14 MPAs of MQM vote for PPP: Farooq Sattar
Pakistan Top News

14 MPAs of MQM vote for PPP: Farooq Sattar

KARACHI: Leader of Muttahida Quami Movement-Pakistan Dr.Farooq Sattar held creation of Pak Sarzameen Party as the ma
Published 03 Mar, 2018 07:26pm
PPP wins 10 seats, MQM 1, PML-F 1
Pakistan Top News

PPP wins 10 seats, MQM 1, PML-F 1

 KARACHI: Pakistan Peoples Party (PPP) won ten seats out of total 12 Senate seats for Sindh, and emerged as the leading
Published 03 Mar, 2018 04:27pm
Four win their berths in Senate    
Pakistan Top News

Four win their berths in Senate    

ISLAMABAD: A total of four candidates of FATA have won their coveted berths in Senate by securing seven votes each here
Published 03 Mar, 2018 01:04pm
Polling for 52 Senate seats concludes
Pakistan Top News

Polling for 52 Senate seats concludes

The polling for 52 Senate seats has concluded in the national and provincial assemblies, as the votes for 133 candid
Updated 03 Mar, 2018 12:14pm
PM Shahid Khaqan Abbasi casts vote
Pakistan Top News

PM Shahid Khaqan Abbasi casts vote

ISLAMABAD: Prime Minister cast his vote as polling is continuing here on Saturday at the Parliament House for electing 0
Published 03 Mar, 2018 09:05am
Yen surges against dollar in Europe
Currency

Yen surges against dollar in Europe

The Japanese yen surged to a 16-month high against the dollar as investors sold the greenback as prospects of a trade war gripped currency markets after US President Donald Trump announced hefty new tariffs on steel and aluminium imports. Bank of Japan go
Published 03 Mar, 2018 12:00am
Yen rises in Asia
Currency

Yen rises in Asia

The yen surged against the dollar on Friday after Bank of Japan Haruhiko Kuroda said the central bank will consider an exit from its ultra easy monetary policy if its inflation target is achieved in the year ending in March 2020. Speculation regarding whe
Published 03 Mar, 2018 12:00am
UK factory activity and consumer lending slow in early 2018

UK factory activity and consumer lending slow in early 2018

Britain's economy kept on its steady but slow course at the start of 2018, just over a year before the country is due to leave the European Union, as growth across factories cooled to an eight-month low and lending to consumers slowed.
Published 03 Mar, 2018 12:00am
Paris takes over rollout for troubled bike-hire system

Paris takes over rollout for troubled bike-hire system

Paris city hall is taking over the installation of new stations for the Velib bike-hire system, following weeks of disastrous efforts by its new operator that have the city's cyclists seeing red. Socialist Mayor Anne Hidalgo announced last October a splas
Published 03 Mar, 2018 12:00am
Australian, New Zealand shares weaken
Exchange

Australian, New Zealand shares weaken

Australian shares ended lower on Friday as US President Donald Trump's plans to impose tariffs on steel and aluminium imports hit commodity prices and sparked fears of a trade war. The S&P/ASX 200 index fell for a third consecutive session, losing 0.7 per
Published 03 Mar, 2018 12:00am
TSX hits two-week low
Exchange

TSX hits two-week low

Canada's main stock index fell to a more than two-week low on Thursday, weighed by declines for auto parts, railroad and steel companies as global investors worried about the impact of more protectionist trade policies proposed by US President Donald Trum
Published 03 Mar, 2018 12:00am
Trade tensions send European shares to six-month lows

Trade tensions send European shares to six-month lows

European shares fell to six-month lows on Friday after Donald Trump said the United States would impose tariffs on imported steel and aluminium, prompting worries about a global trade war. Such concerns sparked a broad sell-off in Europe, weighing particu
Published 03 Mar, 2018 12:00am
Southeast Asian markets fall on trade war fears
Vegetable Oil

Southeast Asian markets fall on trade war fears

Most Southeast Asian stock markets fell on Friday, in line with broader Asia, as US President Donald Trump's plan to press hefty tariffs on steel and aluminium imports sparked fears of a global trade war. MSCI's broadest index of Asia-Pacific shares outsi
Published 03 Mar, 2018 12:00am
Steelmakers drag China stocks lower as US imposes tariffs

Steelmakers drag China stocks lower as US imposes tariffs

China stocks fell on Friday, weighed down by steel and aluminium makers after US President Donald Trump announced hefty tariffs on import of the metals, sparking concerns of a global trade war. Investors were also cautious ahead of next week's National Pe
Published 03 Mar, 2018 12:00am
Treasury yields fall

Treasury yields fall

US Treasury yields fell on Thursday with the 10-year hitting near three-week lows as President Donald Trump's plan for stiff tariffs on steel and aluminium stoked fears of retaliation from US trading partners and rising costs for consumers. The 25 percent
Published 03 Mar, 2018 12:00am
Treasury yields fall

Treasury yields fall

US Treasury yields fell on Thursday with the 10-year hitting near three-week lows as President Donald Trump's plan for stiff tariffs on steel and aluminium stoked fears of retaliation from US trading partners and rising costs for consumers. The 25 percent
Published 03 Mar, 2018 12:00am
Hong Kong stocks fall

Hong Kong stocks fall

Hong Kong stocks fell the most in three weeks on Friday, bringing the week's loss to over 2 percent, as concerns of a global trade war hit already shaky confidence due to prospects of a faster pace of US monetary tightening. US President Donald Trump anno
Published 03 Mar, 2018 12:00am
Wall Street drops over 1 percent on Trump tariff comments
Exchange

Wall Street drops over 1 percent on Trump tariff comments

The Dow and S&P 500 registered a third straight day of more than 1 percent declines on Thursday after President Donald Trump said the United States would impose import tariffs on steel and aluminium, raising concern about higher prices and a trade war. Th
Published 03 Mar, 2018 12:00am
Tokyo shares slump

Tokyo shares slump

Tokyo shares slumped Friday after US President Donald Trump vowed to impose steep tariffs on steel and aluminium imports, reviving fears of a trade war. Investors also grew increasingly wary about the yen's rise against the dollar, which weighs on Japanes
Published 03 Mar, 2018 12:00am
Sri Lankan stocks up

Sri Lankan stocks up

Sri Lankan shares inched slightly higher on Friday from a two-week closing low, but foreign selling amid political uncertainty weighed on trade, stock brokers said. The Colombo stock index ended 0.08 percent firmer at 6,557.02, edging up from its lowest c
Published 03 Mar, 2018 12:00am
Ukraine shivers as Russia refuses to deliver gas

Ukraine shivers as Russia refuses to deliver gas

Ukraine on Friday urged schools to close and factories to cut production after Russia refused to restart natural gas deliveries, while residents shivered as the country strained to save on gas supplies. Russian gas deliveries to Ukraine were supposed to r
Published 03 Mar, 2018 12:00am
ECB sets new rules on bank capital and cash

ECB sets new rules on bank capital and cash

The European Central Bank published new guidelines on Friday defining how euro zone banks should calculate how much capital and cash they must hold for their own safety. The new guidelines, which will kick in next year, set out "principles" such as the ne
Published 03 Mar, 2018 12:00am
GM plants to cut 5,000 South Korean jobs

GM plants to cut 5,000 South Korean jobs

General Motors' South Korean unit plans to slash 5,000 jobs, or about 30 percent of its workforce, but keep production steady if Seoul agrees to its $2.8 billion proposal for the loss-making operation, according to a document seen by Reuters. The US autom
Published 03 Mar, 2018 12:00am
Europe targets US bourbon, bikes, blue jeans for trade riposte
Exchange

Europe targets US bourbon, bikes, blue jeans for trade riposte

Europe has drawn up a list of US products from bourbon to Harley Davidson motorbikes on which to apply tariffs if US President Donald Trump follows through on a plan to impose global duties on aluminium and steel. The European Union is considering applyin
Published 03 Mar, 2018 12:00am
Trump tariffs would damage US, global economies: IMF

Trump tariffs would damage US, global economies: IMF

The International Monetary Fund warned Friday that the steel and aluminum tariffs announced by President Donald Trump will harm the US and global economies. "The import restrictions announced by the US President are likely to cause damage not only outside
Published 03 Mar, 2018 12:00am
Electrolux suspends US investments after Trump tariffs

Electrolux suspends US investments after Trump tariffs

Swedish home appliance maker Electrolux said Friday it would suspend its investments in the United States following the announcement by President Donald Trump that he intends to impose tariffs on steel and aluminium imports. "We're freezing our investment
Published 03 Mar, 2018 12:00am
Infineon, SAIC in electric car JV

Infineon, SAIC in electric car JV

German computer chip maker Infineon said Friday it is teaming up with China's biggest car maker, SAIC Motor Corporation, to produce power modules for the Chinese electric car market, the world's biggest.
Published 03 Mar, 2018 12:00am
Canada's GDP grows 1.7 percent in fourth quarter

Canada's GDP grows 1.7 percent in fourth quarter

Canada's economy grew at a rate of 1.7 percent in the fourth quarter, failing to meet analysts' expectations as consumer spending waned, the government said Friday. After starting 2017 with a bang that pushed Canada ahead of other Group of Seven (G7) indu
Published 03 Mar, 2018 12:00am
EU, Southeast Asia talk up trade deal amid alarm over Trump tariffs

EU, Southeast Asia talk up trade deal amid alarm over Trump tariffs

Southeast Asia and Europe pledged Friday to speed up efforts for an elusive free trade deal, vowing to support open markets in the face of growing US protectionism under Donald Trump. EU trade chief Cecilia Malmstrom said a deal would "send a strong signa
Published 03 Mar, 2018 12:00am
Australia corporate watchdog takes Rio Tinto to court

Australia corporate watchdog takes Rio Tinto to court

Australia's corporate watchdog on Friday took mining giant Rio Tinto and two former top executives to court for allegedly engaging in "misleading and deceptive conduct" by misrepresenting the value of its Mozambique coal assets. Rio, the world's second-la
Published 03 Mar, 2018 12:00am
Japan's jobless rate at lowest in nearly 25 years

Japan's jobless rate at lowest in nearly 25 years

Japan's jobless rate stood at 2.4 percent in January, the lowest in nearly 25 years, official data showed Friday, a major boost for the world's third-largest economy. The figure - the lowest since April 1993 when the rate hit 2.3 percent - comes as Japan
Published 03 Mar, 2018 12:00am
India to double state purchases of oilseeds, pulses
Vegetable Oil

India to double state purchases of oilseeds, pulses

India's cabinet approved on Wednesday doubling state purchases of oilseeds and pulses from farmers, in a bid to boost local output and prevent distressed sales. The amount that state agencies guarantee to buy at pre-set prices will double to 190 billion r
Published 03 Mar, 2018 12:00am
Cotton prices soar on tight supply
Cotton

Cotton prices soar on tight supply

Persistent demand for fine quality pushed the rates sharply higher on the cotton market on Friday in the process of trading, dealers said. As a result of rising demand, the official spot rate picked up more Rs 100 to Rs 7200, they added. In Sindh, seed co
Published 03 Mar, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 148,273 tonnes of cargo comprising 117,523 tonnes of import cargo and 30,750 tonnes of export cargo including 6,921 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargos of 11
Published 03 Mar, 2018 12:00am
EU wheat at 3-1/2-month high
Exchange

EU wheat at 3-1/2-month high

European benchmark wheat in Paris hit a new 3-1/2 month high on Wednesday, pushed up by a rally on US markets and supported by rising prices in export competitor Russia, traders said. May milling wheat on the Paris-based Euronext exchange unofficially clo
Published 03 Mar, 2018 12:00am
Palm oil firmer on European vegoils market
Vegetable Oil

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market firmed on Wednesday after Malaysian palm oil futures rose on the back of a weaker ringgit. A dip in the ringgit makes palm oil cheaper for foreign buyers and could boost export demand.
Published 03 Mar, 2018 12:00am
Chinese steel futures hover near three-month peak
Exchange

Chinese steel futures hover near three-month peak

Chinese steel futures rose for a fourth session on Wednesday to hold near their highest in almost three months, but weak demand curbed gains. The most active rebar on the Shanghai Futures Exchange was 0.15 percent higher at 4,020 yuan ($635.37) a tonne. I
Published 03 Mar, 2018 12:00am
US wheat futures rise on dry US Plains

US wheat futures rise on dry US Plains

US wheat futures rallied on Wednesday to their highest in more than seven months, supported by concerns that dry conditions in the US Plains might damage dormant crops in that key production region. The benchmark Chicago Board of Trade May soft red winter
Published 03 Mar, 2018 12:00am
China's January sorghum imports hit 560,000 tonnes

China's January sorghum imports hit 560,000 tonnes

China, the world's top sorghum buyer, imported 560,000 tonnes of the grain in January, more than three times the previous month's volume, as buyers snapped up the feed ingredient amid healthy demand from expanding livestock farms.
Published 03 Mar, 2018 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,238. The traded value of Metals, Energy and COTS/FX was recorded at PKR 9.779 billion and the number of lots traded was 14,055. Major business was contributed by gold am
Published 03 Mar, 2018 12:00am
Reading or learning
Exchange

Reading or learning

Reading habit is in danger of extinction; this generation is not interested in books; libraries are just used for quiet naps; books are unfashionable. These are the complaints we hear from parents, academics and schools. They are true yet untrue. True bec
Published 03 Mar, 2018 12:00am
Plato's precious words in a perturbed world

Plato's precious words in a perturbed world

Plato is anionic ancient philosopher who is a towering figure in the development of philosophy, especially the Western tradition. He is the founder of the first institute of higher education in Greece. His teachings have survived till today and his words
Published 03 Mar, 2018 12:00am
Corporations key to rescuing nature, says WWF chief

Corporations key to rescuing nature, says WWF chief

A generation ago, the idea of a veteran international banker leading a global organisation charged with saving the planet's dwindling and besieged wildlife would have seemed far-fetched. For some, it still does. Even Pavan Sukhdev - recently appointed pre
Published 03 Mar, 2018 12:00am
ART FACTS: Instinctive belief

ART FACTS: Instinctive belief

Dom Pattinson in his youth discovered the raw urban art on the walls, unfolding stories of everyday people, objects and events while visiting Northern Ireland. And the urban art inspired him so much so that he developed his own unique style of art-making
Published 03 Mar, 2018 12:00am
Social cohesion

Social cohesion

Tazeen Qayyum played with lines and enjoyed drawing while creating amazing artworks that appeal viewers. By having a closer look one finds another world in her work; lines within lines overlapping and connecting each other producing an inventive work whil
Published 03 Mar, 2018 12:00am
Collect some uranium glass for that peaceful glow

Collect some uranium glass for that peaceful glow

Uranium glass occupies a little-known niche in the collectables world, whose members appreciate its soft colour and distinctive glow, which comes from the uranium added as the glass was created. The pieces shown here come from the collection of Peter Mart
Published 03 Mar, 2018 12:00am
Self-compassion may protect perfectionists from getting depressed

Self-compassion may protect perfectionists from getting depressed

Learning to respond to your failures with kindness, or self-compassion, may help offset the negative effects of perfectionism at any age, according to a small study of Australian teens and adults. "We know that perfectionism can often lead to people pushi
Published 03 Mar, 2018 12:00am
TV trauma cases don't look much like real life

TV trauma cases don't look much like real life

Fans of the television show "Grey's Anatomy" may be getting the wrong idea about what happens in trauma cases - and that could create unrealistic expectations in the real world, a US study suggests. "The cases depicted on TV dramas tend to have very binar
Published 03 Mar, 2018 12:00am
How fashion, shoes and accessories enable the disabled

How fashion, shoes and accessories enable the disabled

Fashion photographer Jerris Madison thought his titanium rod leg spelled the end of his glamor days when doctors amputated his leg four years ago in a battle with bone cancer. But in 2016 designers Alleles, a small Canadian company, spotted a photo of him
Published 03 Mar, 2018 12:00am
5G, the cornerstone of the digital revolution

5G, the cornerstone of the digital revolution

Blazing fast 5G wireless networks promise to unlock the potential of internet connected devices, or the Internet of Things - making driverless cars and talking fridges a reality. With most European operators targeting 2020 for its rollout, 5G is the term
Published 03 Mar, 2018 12:00am
All that jazz: Saudis attend country's first jazz festival

All that jazz: Saudis attend country's first jazz festival

Men and women swayed to music at Saudi Arabia's first-ever jazz festival last day, the second of a three-day outdoor event that showcases the Kingdom's recent efforts of shedding its conservative image. Locals and foreigners flocked to the festival to wat
Published 03 Mar, 2018 12:00am
Bollywood superstar Sridevi is no more

Bollywood superstar Sridevi is no more

Indian actress Sridevi, Bollywood's female superstar, died from accidental drowning in a Dubai hotel bathtub. She was 54. Sridevi is survived by her husband - producer Boney Kapoor - and daughters Jhanvi and Khushi. She was in Dubai to attend a family wed
Published 03 Mar, 2018 12:00am
'Annihilation' and the sexist cliches it avoids

'Annihilation' and the sexist cliches it avoids

Alex Garland's sci-fi blockbuster "Annihilation," is a rare example of a sci-fi movie led by women that avoids some of cinema's worst cliches. Here is a list of gender-related tropes in film that often have critics gnashing their teeth.
Published 03 Mar, 2018 12:00am
BRIDGE NOTES: The most spectacular defense in Bridge

BRIDGE NOTES: The most spectacular defense in Bridge

Bridge is a game of some intelligence which coupled with a strong intuition and foresight can produce some spectacular plays in Bridge whether in dummy play or defense. Today's illustration is one taken from a very famous rubber Bridge session played by n
Published 03 Mar, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 03 Mar, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 03 Mar, 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 03 Mar, 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 03 Mar, 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 (March 02, 2018).

Published 03 Mar, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (March 02, 2018).
Published 03 Mar, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (March 02, 2018).

Published 03 Mar, 2018 12:00am
Speaker refers loan issues to NA panel

Speaker refers loan issues to NA panel

National Assembly Speaker Sardar Ayaz Sadiq Friday referred the issue of loan defaulters and those who got their loans waived off from different banks to NA Standing Committee on Finance for discussion and sought a detailed report about the matter within
Published 03 Mar, 2018 12:00am
Speaker refers loan issues to NA panel

Speaker refers loan issues to NA panel

National Assembly Speaker Sardar Ayaz Sadiq Friday referred the issue of loan defaulters and those who got their loans waived off from different banks to NA Standing Committee on Finance for discussion and sought a detailed report about the matter within
Published 03 Mar, 2018 12:00am
Speaker refers loan issues to NA panel

Speaker refers loan issues to NA panel

National Assembly Speaker Sardar Ayaz Sadiq Friday referred the issue of loan defaulters and those who got their loans waived off from different banks to NA Standing Committee on Finance for discussion and sought a detailed report about the matter within
Published 03 Mar, 2018 12:00am
Stock markets fall on fears of global trade war

Stock markets fall on fears of global trade war

US President Donald Trump struck a defiant tone on Friday, saying trade wars were good and easy to win, after his plan to put tariffs on imports of steel and aluminium triggered threats of retaliation from trading partners and a slide in stock markets. Th
Published 03 Mar, 2018 12:00am
Stock markets fall on fears of global trade war

Stock markets fall on fears of global trade war

US President Donald Trump struck a defiant tone on Friday, saying trade wars were good and easy to win, after his plan to put tariffs on imports of steel and aluminium triggered threats of retaliation from trading partners and a slide in stock markets. Th
Published 03 Mar, 2018 12:00am
Stock markets fall on fears of global trade war

Stock markets fall on fears of global trade war

US President Donald Trump struck a defiant tone on Friday, saying trade wars were good and easy to win, after his plan to put tariffs on imports of steel and aluminium triggered threats of retaliation from trading partners and a slide in stock markets. Th
Published 03 Mar, 2018 12:00am
Stock markets fall on fears of global trade war

Stock markets fall on fears of global trade war

US President Donald Trump struck a defiant tone on Friday, saying trade wars were good and easy to win, after his plan to put tariffs on imports of steel and aluminium triggered threats of retaliation from trading partners and a slide in stock markets. Th
Published 03 Mar, 2018 12:00am
Shariah index: PSX to conduct listed cos' screening
Mutual Funds

Shariah index: PSX to conduct listed cos' screening

Pakistan Stock Exchange Limited (PSX) will conduct the Shariah screening of listed companies for the purpose of a Shariah index and shall ensure that all such companies comply with Shariah Governance Regulations, 2018. The SECP Friday issued draft of the
Published 03 Mar, 2018 12:00am
Shariah index: PSX to conduct listed cos' screening
Mutual Funds

Shariah index: PSX to conduct listed cos' screening

Pakistan Stock Exchange Limited (PSX) will conduct the Shariah screening of listed companies for the purpose of a Shariah index and shall ensure that all such companies comply with Shariah Governance Regulations, 2018. The SECP Friday issued draft of the
Published 03 Mar, 2018 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 03 Mar, 2018 12:00am
Shariah index: PSX to conduct listed cos'' screening
Mutual Funds

Shariah index: PSX to conduct listed cos'' screening

Pakistan Stock Exchange Limited (PSX) will conduct the Shariah screening of listed companies for the purpose of a Shariah index and shall ensure that all such companies comply with Shariah Governance Regulations, 2018. The SECP Friday issued draft of the
Published 03 Mar, 2018 12:00am
BRIndex100 maintains uptrend
Exchange

BRIndex100 maintains uptrend

A bullish trend continued on Pakistan Stock Exchange Friday. Equities moved up following a healthy buying in various scrips. BRIndex100 gained 28.36 points or 0.61 percent to close at 4,713.65 points. BRIndex100 touched intraday high of 4,717.52 and intra
Published 03 Mar, 2018 12:00am
BRIndex100 maintains uptrend
Exchange

BRIndex100 maintains uptrend

A bullish trend continued on Pakistan Stock Exchange Friday. Equities moved up following a healthy buying in various scrips. BRIndex100 gained 28.36 points or 0.61 percent to close at 4,713.65 points. BRIndex100 touched intraday high of 4,717.52 and intra
Published 03 Mar, 2018 12:00am
BRIndex100 maintains uptrend
Exchange

BRIndex100 maintains uptrend

A bullish trend continued on Pakistan Stock Exchange Friday. Equities moved up following a healthy buying in various scrips. BRIndex100 gained 28.36 points or 0.61 percent to close at 4,713.65 points. BRIndex100 touched intraday high of 4,717.52 and intra
Published 03 Mar, 2018 12:00am
Government eyeing up 'overambitious' borrowing

Government eyeing up 'overambitious' borrowing

The Abbasi administration is reportedly preparing for an "overambitious" bank borrowing and budgetary support plan three months before the end of its tenure, to retire circular debt which has again touched Rs 525 billion. An additional Rs 400 billion of b
Published 03 Mar, 2018 12:00am
Government eyeing up 'overambitious' borrowing

Government eyeing up 'overambitious' borrowing

The Abbasi administration is reportedly preparing for an "overambitious" bank borrowing and budgetary support plan three months before the end of its tenure, to retire circular debt which has again touched Rs 525 billion. An additional Rs 400 billion of b
Published 03 Mar, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (March 02, 2018).

Published 03 Mar, 2018 12:00am
Government eyeing up ''overambitious'' borrowing

Government eyeing up ''overambitious'' borrowing

The Abbasi administration is reportedly preparing for an "overambitious" bank borrowing and budgetary support plan three months before the end of its tenure, to retire circular debt which has again touched Rs 525 billion. An additional Rs 400 billion of b
Published 03 Mar, 2018 12:00am
THE RUPEE: steady trend
Currency

THE RUPEE: steady trend

Firmness prevailed on the money market on Friday as the rupee resisted slide versus the dollar, whereas the local currency fell sharply against the euro in process of trading, experts said. The rupee did not show major changes versus the dollar for buying
Published 03 Mar, 2018 12:00am
THE RUPEE: steady trend
Currency

THE RUPEE: steady trend

Firmness prevailed on the money market on Friday as the rupee resisted slide versus the dollar, whereas the local currency fell sharply against the euro in process of trading, experts said. The rupee did not show major changes versus the dollar for buying
Published 03 Mar, 2018 12:00am
Senate elections today: 135 contesting for 52 seats

Senate elections today: 135 contesting for 52 seats

The election on 52 Senate seats from four provinces, Federally Admini-stered Tribal Areas (FATA) and the federal capital will be held today (Saturday). One hundred and thirty-five candidates will contest for 52 Senate seats. Four lawmakers from the FATA,
Published 03 Mar, 2018 12:00am
Senate elections today: 135 contesting for 52 seats

Senate elections today: 135 contesting for 52 seats

The election on 52 Senate seats from four provinces, Federally Admini-stered Tribal Areas (FATA) and the federal capital will be held today (Saturday). One hundred and thirty-five candidates will contest for 52 Senate seats. Four lawmakers from the FATA,
Published 03 Mar, 2018 12:00am
MQM-P factions agree on five nominees

MQM-P factions agree on five nominees

In a major development, both PIB and Bahadurabad factions of Muttahida Qaumi Movement-Pakistan (MQM-P), led by Dr Farooq Sattar and Dr Khalid Maqbool Siddiqui, respectively, agreed on Friday for five nominees of the party for Senate elections. Addressing
Published 03 Mar, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 02, 2018).

Published 03 Mar, 2018 12:00am
MQM-P factions agree on five nominees

MQM-P factions agree on five nominees

In a major development, both PIB and Bahadurabad factions of Muttahida Qaumi Movement-Pakistan (MQM-P), led by Dr Farooq Sattar and Dr Khalid Maqbool Siddiqui, respectively, agreed on Friday for five nominees of the party for Senate elections. Addressing
Published 03 Mar, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 02, 2018).

Published 03 Mar, 2018 12:00am
LHC allows Dar to contest Senate elections

LHC allows Dar to contest Senate elections

A division bench of the Lahore High Court on Friday allowed former finance minister Ishaq Dar to contest election of senate being held today (Saturday) and dismissed an appeal challenging his candidature. Pakistan Peoples Party's candidate for senate Nawa
Published 03 Mar, 2018 12:00am
LHC allows Dar to contest Senate elections

LHC allows Dar to contest Senate elections

A division bench of the Lahore High Court on Friday allowed former finance minister Ishaq Dar to contest election of senate being held today (Saturday) and dismissed an appeal challenging his candidature. Pakistan Peoples Party's candidate for senate Nawa
Published 03 Mar, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (March 02, 2018)

Published 03 Mar, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (March 02, 2018).

Published 03 Mar, 2018 12:00am
China's 'super rich' legislators get richer

China's 'super rich' legislators get richer

The Chinese Communist Party's annual legislative session will count more than 150 "super rich" members whose total net worth has soared to $650 billion, or double Ireland's annual GDP, a report showed Friday. From internet tycoons to real estate barons an
Published 03 Mar, 2018 12:00am
China's 'super rich' legislators get richer

China's 'super rich' legislators get richer

The Chinese Communist Party's annual legislative session will count more than 150 "super rich" members whose total net worth has soared to $650 billion, or double Ireland's annual GDP, a report showed Friday. From internet tycoons to real estate barons an
Published 03 Mar, 2018 12:00am
Wajid Zia: Sharif's plea rejected
Exchange

Wajid Zia: Sharif's plea rejected

Accountability Court on Friday dismissed former Prime Minister Nawaz Sharif's petition requesting the court to record a clubbed statement of Wajid Zia, head of Joint Investigation Team (JIT) that probed the Panama Papers case, in all three references file
Published 03 Mar, 2018 12:00am
The Weather

The Weather

The weather report on Friday (March 02, 2018) and the forecast for Saturday (March 03, 2018).

Published 03 Mar, 2018 12:00am