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Archive - 2018-05-05
Envoy urges KCCI to send maximum trade teams to Turkey
Exchange

Envoy urges KCCI to send maximum trade teams to Turkey

Turkish Consul General in Karachi Tolga Ucak has advised Karachi Chamber of Commerce and Industry (KCCI) to organize visits of maximum number of trade delegations to Turkey which would certainly pave way for smooth trade and investment between the two cou
Published 05 May, 2018 12:00am
Iran seeks FTA, banking channel with Pakistan: CG tells KATI
Exchange

Iran seeks FTA, banking channel with Pakistan: CG tells KATI

Consul General of Islamic Republic of Iran, Ahmad Muhammadi, has said Iran is looking forward to have Free Trade Agreement (FTA) with Pakistan. "Iran and Pakistan lack banking channel which is directly affecting business interests of both countries' busin
Published 05 May, 2018 12:00am
Iran seeks FTA, banking channel with Pakistan: CG tells KATI
Exchange

Iran seeks FTA, banking channel with Pakistan: CG tells KATI

Consul General of Islamic Republic of Iran, Ahmad Muhammadi, has said Iran is looking forward to have Free Trade Agreement (FTA) with Pakistan. "Iran and Pakistan lack banking channel which is directly affecting business interests of both countries' busin
Published 05 May, 2018 12:00am
Congo virus claims life of Lyari resident

Congo virus claims life of Lyari resident

A 36-year-old resident of Lyari died at Liaquat National Hospital (LNH) due to complications of the Congo Virus. "My brother Sadiq Ali, who had been diagnosed with Congo virus, expired at Liaquat National Hospital on Thursday night. Doctors said he was ha
Published 05 May, 2018 12:00am
Khaadi opens sixth store in Multan

Khaadi opens sixth store in Multan

Khaadi has unveiled its limited edition, unstitched luxury lawn at the opening of its complete destination flagship store in Multan. This state-of-the-art store is Khaadi's sixth flagship store in Pakistan. Khaadi's forte as a design house is reflected in
Published 05 May, 2018 12:00am
Abbasi, Nawaz damaged image of state institution: Siraj

Abbasi, Nawaz damaged image of state institution: Siraj

Ameer Jamaat-e-Islami, Senator Sirajul Haq, has said that the narrative of the Prime Minister and ousted Premier Nawaz Sharif regarding the role of the "aerial beings" in the coming elections was the same and it had damaged the image of the state institut
Published 05 May, 2018 12:00am
PAS launched in KP for prompt redressal of public complaints

PAS launched in KP for prompt redressal of public complaints

The Police Access Service (PAS), one of the many public service initiatives undertaken by Khyber Pakhtunkhwa police has been launched with the objective of providing a mechanism for prompt redressal of public complaints by ensuring access and respect for
Published 05 May, 2018 12:00am
Anti-judiciary remarks: LHC for putting names of MNA, MPA, others on ECL

Anti-judiciary remarks: LHC for putting names of MNA, MPA, others on ECL

The Lahore High Court (LHC) on Friday directed Interior Ministry to place on Exit Control List (ECL) the names MNA Wasim Akhtar, MPA Naeem Safdar and other PML-N workers who are facing charges of taking out a rally against judiciary in Kasur. The court he
Published 05 May, 2018 12:00am
ICRC holds five-day emergency response course

ICRC holds five-day emergency response course

The International Committee of the Red Cross (ICRC) conducted a five-day international course with the theme "Handling dead bodies with respect and identifying them in emergencies". Thirty-five emergency responders attended the course. The participants we
Published 05 May, 2018 12:00am
Nawaz, Shahbaz discuss election strategy with MPs

Nawaz, Shahbaz discuss election strategy with MPs

PML-N Quaid Nawaz Sharif held an important meeting with party members of National and Provincial assemblies belonging to Lahore, Dera Ghazi Khan and Sahiwal divisions at his Model Town residence here on Friday and discussed election strategy and current p
Published 05 May, 2018 12:00am
Power outages continue unabated

Power outages continue unabated

Various parts of this metropolis continue to face hours-long power load-shedding in these scorching days as K-Electric has failed to ensure uninterrupted electricity supply to the city, despite receiving adequate gas from SSGC network. The most-affected a
Published 05 May, 2018 12:00am
Dastgir attends moot on countering terrorism in Tajikistan

Dastgir attends moot on countering terrorism in Tajikistan

Federal Minister for Defense Khurram Dastgir Khan has arrived Dushanbe, Tajikistan to represent Pakistan at the high-level International Conference on 'Countering Terrorism and Preventing Violent Extremism' (3-4th May) 2018. The conference is organized by
Published 05 May, 2018 12:00am
ECP dismisses PM's remarks

ECP dismisses PM's remarks

The Election Commission of Pakistan (ECP) on Friday dismissed the prime minister's remarks that 'aliens' will conduct the upcoming elections, saying they are against the spirit of the constitution and its mandate. In a statement, the ECP said it is comple
Published 05 May, 2018 12:00am
Pepsi partners with top fashion brands

Pepsi partners with top fashion brands

Pepsi Generations is an ongoing global campaign that marks 120 years of Pepsi globally. The campaign was also introduced in Pakistan, with a commercial spanning through different eras of Pakistan, featuring iconic stars like Fawad Khan, Zohaib Hassan, Was
Published 05 May, 2018 12:00am
NAB clarification

NAB clarification

Apropos a TV channel program in which certain sweeping information was attributed with NAB Sindh's performance and disposal of cases, it is hereby strongly rebutted that it was based on half-truths that did not help in portraying true picture about NAB's
Published 05 May, 2018 12:00am
Kenya-Pakistan Trade & Investment conference held
Exchange

Kenya-Pakistan Trade & Investment conference held

High Commission of Kenya in Islamabad with the support of Ministry of Commerce and Trade Development Authority of Pakistan (TDAP) has organized two-day "Kenya-Pakistan Trade & Investment Conference" at a local hotel of Karachi.
Published 05 May, 2018 12:00am
Swedish envoy hosts National Day reception

Swedish envoy hosts National Day reception

Swedish Ambassador Ingrid Johansson on Friday hosted a reception in connection with the upcoming National Day of Sweden, which falls on June 06. The event was formally started with playing of national anthems of both Pakistan and Sweden. The members of th
Published 05 May, 2018 12:00am
Transfer & posting in FBR

Transfer & posting in FBR

Qaiser Iqbal, BS-21 Officer of Inland Revenue Service presently posted as Member, Federal Board of Revenue (Hq), Islamabad is transferred and posted as Director General, Directorate General of Internal Audit-IR, Islamabad with immediate effect and until f
Published 05 May, 2018 12:00am
Democracy will not gain strength in an oxygen tent: Marriyum

Democracy will not gain strength in an oxygen tent: Marriyum

Federal minister for Information & Broadcasting Marriyum Aurangzeb has said that democracy in the country would not gain strength in an oxygen tent and the government could not be run when it was made dysfunctional and paralyzed. She was speaking in the s
Published 05 May, 2018 12:00am
HEC approves seven research projects

HEC approves seven research projects

In view of rising level of smog across the Punjab, the Higher Education Commission (HEC) has decided to fund seven research projects in order to find solutions to minimise the duration and intensity of smog and to address health issues caused by it.
Published 05 May, 2018 12:00am
Sanaullah refuses to apologise over his misogynistic remarks

Sanaullah refuses to apologise over his misogynistic remarks

Punjab Law Minister Rana Sanaullah on Friday refused to apologize over his misogynistic remarks in the provincial assembly leading to a walkout by the opposition. He also termed his remarks against Pakistan Tehreek-e-Insaf's women supporters as a "politic
Published 05 May, 2018 12:00am
SKMCH&RC launches Zakat collection campaign

SKMCH&RC launches Zakat collection campaign

Shaukat Khanum Memorial Cancer Hospital and Research Center (SKMCH&RC) has launched its annual Zakat collection campaign. SKMCH&RC Chief Executive Officer Dr Faisal Sultan revealed this at a press briefing. Since its inception this hospital is providing f
Published 05 May, 2018 12:00am
Neelum Jhelum project completes reliability test

Neelum Jhelum project completes reliability test

The first unit of Neelum Jhelum Hydropower Project successfully completed the reliability test on Friday paving the way for its commercial operation. Under the protocols, the unit will now be checked completely and adjustments, if any, will be carried out
Published 05 May, 2018 12:00am
Shahbaz condemns firing on labourers in Kharan

Shahbaz condemns firing on labourers in Kharan

Punjab Chief Minister Shahbaz Sharif on Friday strongly condemned the firing incident on labourers in Kharan area of Balochistan. He expressed a deep sense of sorrow and grief over the loss of precious human lives and extended heartfelt sympathies and con
Published 05 May, 2018 12:00am
RTO official arrested for harassing woman

RTO official arrested for harassing woman

The Federal Investigation Agency (FIA) has arrested an Inspector of the Regional Tax Office (RTO) Lahore on charges of sexual harassment, blackmailing and extortion of money. Acting on a complainant filed by a victim lady Marwa Rasheed, FIA Lahore Deputy
Published 05 May, 2018 12:00am
4,700 nurses being recruited through PPSC: minister

4,700 nurses being recruited through PPSC: minister

Punjab Minister for Specialized Healthcare & Medical Education Kh Salman Rafique has said that 4,700 nurses are being recruited through Punjab Public Service Commission which would join the department very soon. He revealed this while speaking to the head
Published 05 May, 2018 12:00am
German businessmen team meets Punjab chief minister

German businessmen team meets Punjab chief minister

A delegation led by Sebastian Andreas Brachert, Board Chairman of renowned German Company Siemens, called on Punjab Chief Minister Muhammad Shahbaz Sharif here on Friday and matters regarding enhancing cooperation in energy sector came under discussion.
Published 05 May, 2018 12:00am
Ahsan urges judiciary to resolve political cases after elections

Ahsan urges judiciary to resolve political cases after elections

Federal Interior Minister Ahsan Iqbal demanded on Friday that judiciary should resolve cases of political nature after general elections 2018. If it continued giving decisions on the cases of political nature, it will give the impression in elections that
Published 05 May, 2018 12:00am
Anti-polio drive to begin in Punjab's 12 districts from May 7

Anti-polio drive to begin in Punjab's 12 districts from May 7

Punjab Health Department's "Sehat Muhafiz" polio eradication teams will start polio eradication campaign from May 7 and vaccinate about eight million children less than five-year age in 12 districts of the province. "Due to ongoing virus circulation in KP
Published 05 May, 2018 12:00am
PRGMEA to sign MoU with Netherlands' youth body soon: Khokhar
Exchange

PRGMEA to sign MoU with Netherlands' youth body soon: Khokhar

Chief Coordinator, Pakistan Readymade Garments Manufactures and Exporters Association (PRGMEA) Ijaz A Khokhar has said that PRGMEA and HOGIAF (Association of Young Entrepreneurs in Netherlands) will sign a Memorandum of Understanding (MoU) soon. The propo
Published 05 May, 2018 12:00am
300 special women acquire leadership training

300 special women acquire leadership training

More than 300 disabled women from grass-root level have acquired leadership training on inclusive development through the formation of self-help groups and awareness advocacy programme, which has helped them to become an integral part of Pakistan's social
Published 05 May, 2018 12:00am
NICL judgement: NAB asked to file statement

NICL judgement: NAB asked to file statement

The Supreme Court on Friday directed National Accountability Bureau (NAB) to file a concise statement about the steps taken for the implementation of the NICL judgment in letter and spirit. The court issued notice to former Chairman National Insurance Com
Published 05 May, 2018 12:00am
Punjab chemists call off strike

Punjab chemists call off strike

Punjab chemists have called off their strike after assurance from the provincial government regarding amendment in 'Punjab Drugs Act, 2017' in the upcoming session of Punjab Assembly. Pharmaceutical Traders Association president Arshad Awan told Busine
Published 05 May, 2018 12:00am
Mushahid elected Senate body chief

Mushahid elected Senate body chief

Senate Standing Committee on Foreign Affairs on Friday elected Senator Mushahid Hussain Sayed as its chairman unopposed. The name of Mushahid Hussain Sayed was proposed by Senator Javed Abbasi and seconded by Senator Nuzhat Sadiq. As no other candidate co
Published 05 May, 2018 12:00am
BoI, Pakistan CG convene networking session in New York

BoI, Pakistan CG convene networking session in New York

Board of Investment (BoI) and Counsel General of Pakistan convened a breakfast networking session on Friday in New York City in collaboration with New York Greater Chamber. Secretary BoI, Samaira Nazir Siddiqui, Counsel General of Pakistan in New York, Ra
Published 05 May, 2018 12:00am
Judicial probe into alleged manhandling of journalists ordered

Judicial probe into alleged manhandling of journalists ordered

Chief Justice Mian Saqib Nisar on Friday ordered a judicial probe into the alleged manhandling of journalists by Islamabad police on the World Press Freedom Day, which was observed on Thursday last. He directed the Islamabad's Sessions Judge Sohail Nasir
Published 05 May, 2018 12:00am
SAI becomes first private airline to land at new IIAP

SAI becomes first private airline to land at new IIAP

Shaheen Air International (SAI), the second national carrier of Pakistan, has become the first private airline to land at the new Islamabad International Airport (IIAP). The airline began all Islamabad inbound and outbound SAI flights from the (IIAP) as i
Published 05 May, 2018 12:00am
Low attendance mars National Assembly budget session

Low attendance mars National Assembly budget session

The budget session of National Assembly on Friday witnessed low attendance and lack of interest from both treasury and opposition members in the debate. At the outset of proceedings, Leader of Opposition in the National Assembly Syed Khursheed Ahmed Shah
Published 05 May, 2018 12:00am
Low attendance mars National Assembly budget session

Low attendance mars National Assembly budget session

The budget session of National Assembly on Friday witnessed low attendance and lack of interest from both treasury and opposition members in the debate. At the outset of proceedings, Leader of Opposition in the National Assembly Syed Khursheed Ahmed Shah
Published 05 May, 2018 12:00am
Karot hydropower project to add 720 megawatts: Prime Minister told

Karot hydropower project to add 720 megawatts: Prime Minister told

Prime Minister Shahid Khaqan Abbasi Friday visited the Karot Hydropower Project, being constructed on the Jhelum River to add 720 megawatt to national grid. The project is the fourth among the five cascade hydropower projects being developed along the Jhe
Published 05 May, 2018 12:00am
Heatwave may hit major cities in May: Met office

Heatwave may hit major cities in May: Met office

Heat waves are most likely to strike major cities occasionally with a slightly below normal rainfall in the country during April and May 2018, according to the Met Office. It warned that the frequency and intensity of sandstorms are expected to remain hig
Published 05 May, 2018 12:00am
Tehmina to lead Pakistani delegation at CFM meeting

Tehmina to lead Pakistani delegation at CFM meeting

The 45th OIC Council of Foreign Ministers (CFM) meeting is being held in Dhaka, Bangladesh from 5-6 May 2018. Foreign Secretary Tehmina Janjua is leading Pakistan's delegation to the CFM. A day before the CFM, the Bangladeshi government organised a visit
Published 05 May, 2018 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

Gold prices rose slightly in seesaw trade on Friday even as the US dollar firmed after US jobs data was weaker than expected, but still strong enough to support the case for more interest rate increases. Spot gold rose 0.2 percent at $1,313.90 per ounce b
Published 05 May, 2018 12:00am
US MIDDAY: soyabeans fall

US MIDDAY: soyabeans fall

US soyabean futures fell on Friday on disappointment that trade talks between Washington and Beijing did not make more progress toward a deal to resolve a mounting trade dispute that has crimped crop sales to China. Prices retreated as China's Xinhua news
Published 05 May, 2018 12:00am
Gold slips in Europe

Gold slips in Europe

Gold prices dipped on Friday as the dollar strengthened after US jobs data was weaker than expected, but still strong enough to support the case for more interest rate increases. Spot gold was down 0.2 percent at $1,308.71 an ounce at 1345 GMT, heading fo
Published 05 May, 2018 12:00am
Gold eases in Asia
Exchange

Gold eases in Asia

Gold prices turned negative on Friday on a firmer dollar, while investors focused on the US jobs data due later in the day for fresh catalysts. Spot gold was down 0.1 percent at $1,309.93 per ounce at 0740 GMT, and was headed for a third consecutive weekl
Published 05 May, 2018 12:00am
Gold increases in New York

Gold increases in New York

Gold prices gained on Thursday, one day after the US central bank reassured investors that increases to interest rates would be gradual and as the US dollar softened, with geopolitical uncertainties also providing support. Investors are awaiting US jobs d
Published 05 May, 2018 12:00am
New York cocoa eases, raw sugar sees strongest week for 2018

New York cocoa eases, raw sugar sees strongest week for 2018

New York cocoa futures on ICE fell on Friday, pressured by the weak British pound and fund profit-taking, while raw sugar eased during the session but made its strongest weekly gain in 2018 after the May contract expired. London cocoa, robusta coffee and
Published 05 May, 2018 12:00am
Palm oil sees strongest gain in two weeks
Vegetable Oil

Palm oil sees strongest gain in two weeks

Malaysian palm oil futures notched up their biggest rise in two weeks in on Friday on expectations of falling inventories, after a sharp decline on Thursday evening and being largely range-bound this week. The benchmark palm oil contract for July delivery
Published 05 May, 2018 12:00am
Cargill sees balanced cocoa market

Cargill sees balanced cocoa market

Cargill sees the cocoa market broadly balanced in the current 2017/18 season and is aiming to expand its processing capacity in producer countries, the company's commercial director for cocoa said on Tuesday. Crops in West Africa got off to a strong start
Published 05 May, 2018 12:00am
Oil hits highest since November 2014 as Iran tensions mount

Oil hits highest since November 2014 as Iran tensions mount

Oil prices rose about 2 percent on Friday with US crude hitting its highest in more than three years as global supplies remained tight and the market awaited news from Washington on possible new US sanctions against Iran. Bob Yawger, director at Mizuho, n
Published 05 May, 2018 12:00am
UK oil terminal closure delays Brent cargoes in May, June

UK oil terminal closure delays Brent cargoes in May, June

North Sea Brent crude cargoes for loading in May and June have been delayed due to the shutdown at the UK's Sullom Voe oil terminal, trade sources said on Friday, slowing supply of the crude which helps underpin a global pricing benchmark. The Brent strea
Published 05 May, 2018 12:00am
Base metals rally, zinc recovers after hitting nine-month low

Base metals rally, zinc recovers after hitting nine-month low

Base metals rallied on Friday as disappointing US employment data was not enough to change investors' overall bullish view of the US economy, and after China reported some progress in trade talks with the United States. Aluminium hit its highest in nearly
Published 05 May, 2018 12:00am
Shanghai copper up
Exchange

Shanghai copper up

The most traded June copper contract on the Shanghai Futures Exchange ended up 0.6 percent at 51,290 yuan a tonne on Friday. Shanghai aluminium closed up 0.3 percent at 14,575 yuan ($2,294.81) a tonne on Friday. Zinc closed down 1.8 percent. "The market r
Published 05 May, 2018 12:00am
Trump says Kim summit date, venue to be announced soon

Trump says Kim summit date, venue to be announced soon

US President Donald Trump said Friday that a date and venue for his landmark summit with North Korea's Kim Jong Un would be unveiled soon, as anticipation builds for the unprecedented talks between the mercurial leaders. And while Trump said he was not en
Published 05 May, 2018 12:00am
US military bans Huawei, ZTE phones
Exchange

US military bans Huawei, ZTE phones

Personnel on US military bases can no longer buy phones and other gear manufactured by Chinese firms Huawei and ZTE, after the Pentagon said the devices pose an "unacceptable" security risk. Concerns have heightened at the Pentagon about consumer electron
Published 05 May, 2018 12:00am
US ambassador to Mexico steps down

US ambassador to Mexico steps down

The US ambassador to Mexico stepped down Friday after announcing her resignation in March, setting up a delicate transition period at a time of sharp tension between the two neighbors. Ambassador Roberta Jacobson was to celebrate a final farewell with emb
Published 05 May, 2018 12:00am
Afghan interpreters to remain in UK free of charge

Afghan interpreters to remain in UK free of charge

Four hundred Afghan interpreters who served British armed forces in 13 years of combat operations will be allowed to remain in Britain free of charge, government ministers said on Friday. Home Secretary Sajid Javid made the announcement in one of his firs
Published 05 May, 2018 12:00am
PM does better than expected in England local elections

PM does better than expected in England local elections

British Prime Minister Theresa May's Conservative party fared better than expected in local elections in England, early results on Friday showed, in her first test since losing her parliamentary majority last year. The party held on to key London councils
Published 05 May, 2018 12:00am
Palestinian president apologises over alleged anti-Semitic remarks

Palestinian president apologises over alleged anti-Semitic remarks

Palestinian president Mahmud Abbas apologised Friday over alleged anti-Semitic comments that drew global condemnation. "If people were offended by my statement at the Palestinian National Council, especially people of the Jewish faith, I apologise to them
Published 05 May, 2018 12:00am
Abbas reelected head of Palestine Liberation Organization

Abbas reelected head of Palestine Liberation Organization

President Mahmud Abbas was reelected head of the Palestine Liberation Organization Friday, as the veteran leader seeks to strengthen his control over politics in the occupied West Bank. A four-day meeting of the PLO's parliament, the Palestinian National
Published 05 May, 2018 12:00am
Syria rebels hand over arms in new deal with regime

Syria rebels hand over arms in new deal with regime

Syrian rebels on Friday were surrendering their heavy weapons after reaching a new deal with the government for a central swathe of territory, a war monitor said. Opposition fighters agreed with regime forces and their allies to a ceasefire deal earlier t
Published 05 May, 2018 12:00am
Chemical inspectors completes Douma mission

Chemical inspectors completes Douma mission

Chemical weapons experts have completed their mission to the Syrian town of Douma to probe last month's alleged chemical attack, but the analysis of samples may still take weeks, the global watchdog said Friday. "The initial deployment of the fact-finding
Published 05 May, 2018 12:00am
New collision between Greek, Turkish ships in Aegean

New collision between Greek, Turkish ships in Aegean

Greece on Friday said one of its warships had collided with a Turkish ship in the Aegean Sea, the latest in a series of encounters between the regional rivals and Nato allies. The Greek navy said the Turkish merchant ship had "approached and touched" one
Published 05 May, 2018 12:00am
Dozens of Palestinians wounded by Israeli fire in border protest

Dozens of Palestinians wounded by Israeli fire in border protest

Dozens of Palestinians were wounded by Israeli gunfire on Friday as thousands returned to the Gaza border for a sixth week of protests that have seen nearly 50 demonstrators killed. Medics treated 431 people with various injuries, including 98 wounded by
Published 05 May, 2018 12:00am
England 'old boys' in Ireland squad for Pakistan Test

England 'old boys' in Ireland squad for Pakistan Test

Former England internationals Boyd Rankin and Ed Joyce were included in a 14-man Ireland squad named by coach Graham Ford on Friday for next week's inaugural Test against Pakistan. Ireland will again be led by experienced captain William Porterfield for w
Published 05 May, 2018 12:00am
Kirsten sees recovering Australia as genuine World Cup contenders

Kirsten sees recovering Australia as genuine World Cup contenders

Australia may still be dealing with the aftermath of the ball-tampering scandal but World Cup-winning coach Gary Kirsten has no doubts they will bounce back and be challenging for one-day cricket's most coveted trophy next year.
Published 05 May, 2018 12:00am
Kvitova eases into Prague final

Kvitova eases into Prague final

Czech Petra Kvitova reached her third WTA final of the season on home soil in Prague with a 7-6 (8/6), 6-0 victory over Chinese player Zhang Shuai on Friday. Kvitova, who won tournaments earlier this year in St Petersburg and Doha, will face either Romani
Published 05 May, 2018 12:00am
IAAF shakes up 2019 Doha worlds schedule

IAAF shakes up 2019 Doha worlds schedule

The IAAF said Friday it will scrap morning sessions at the 2019 World Athletics Championships in Doha, as well as introducing a mixed 4x400 metres relay and a midnight marathon. Race walking events will also start at 11.30pm local time as part of a big sh
Published 05 May, 2018 12:00am
Smith back in Australia to win back trust after tampering scandal

Smith back in Australia to win back trust after tampering scandal

Deposed Australia captain Steve Smith has returned home from time out overseas, saying he is prepared to win back trust after his role in a high-profile ball-tampering scandal. Smith, who was sacked and sent home in disgrace after the third Test against S
Published 05 May, 2018 12:00am
Zverev to face Chung in Munich semi-finals

Zverev to face Chung in Munich semi-finals

Top seed Alexander Zverev had to contend with a crying baby on Friday before setting up a semi-final clash against South Korea's Hyeon Chung at the Munich ATP tournament. The 21-year-old Zverev, ranked third in the world, needed just over an hour to beat
Published 05 May, 2018 12:00am
Blazing Semenya ignores IAAF 'nonsense'

Blazing Semenya ignores IAAF 'nonsense'

Caster Semenya put all the "nonsense" about controversial new IAAF rules on women's testosterone behind her by storming to victory in a personal best in the 1500m at the opening Diamond League meet of the season on Friday. "I don't talk about nonsense," t
Published 05 May, 2018 12:00am
PPL-FC in semis of PFF National Challenge Cup

PPL-FC in semis of PFF National Challenge Cup

Pakistan Petroleum Limited Football Club (PPL-FC) reached the semi-final stage by overpowering Ashraf Sugar Mills (ASM) FC 3-0 in the first quarter-final of the PFF National Challenge Cup played at the Karachi Port Trust Football Stadium, here on Thursday
Published 05 May, 2018 12:00am
Cilic pulls out of Madrid with knee injury

Cilic pulls out of Madrid with knee injury

World number four Marin Cilic announced on Friday that he will miss next week's Madrid Open tournament with a knee injury suffered during last month's Monte Carlo Masters. The former US Open champion was dumped out in his first match in Istanbul by unseed
Published 05 May, 2018 12:00am
Tsitsipas takes semi-final spot in Estoril

Tsitsipas takes semi-final spot in Estoril

Stefanos Tsitsipas swept the last seven points of the match to defeat Roberto Carballes Baena 6-7 (2/7), 6-2, 7-6 (7/3) on Friday for a place in the semi-finals of the Estoril Open. The 19-year-old Greek, a surprise finalist last weekend in Barcelona agai
Published 05 May, 2018 12:00am
Costa ends Europa League dream for Wenger and Arsenal

Costa ends Europa League dream for Wenger and Arsenal

Diego Costa killed Arsene Wenger's last hope of a glorious Arsenal farewell as his goal sent Atletico Madrid through to the Europa League final on Thursday. Wenger's 250th European fixture with Arsenal also to proved to be his last, decided by a typically
Published 05 May, 2018 12:00am
Rolando extra-time strike edges Marseille into Europa League final

Rolando extra-time strike edges Marseille into Europa League final

Marseille booked a Europa League final meeting with Atletico Madrid after Portuguese defender Rolando struck in extra time to grab a 3-2 aggregate victory over a spirited Salzburg on Thursday. Salzburg produced a rousing second-half performance to wipe ou
Published 05 May, 2018 12:00am
North-South Korea table tennis unified but defeated

North-South Korea table tennis unified but defeated

Having taken another step towards the sporting rapprochement of North and South Korea, the unified Korean women's table tennis team was soundly beaten by Japan at the world championships in Sweden on Friday. The two Koreas on Thursday opted against playin
Published 05 May, 2018 12:00am
Steven Gerrard unveiled as new Rangers boss

Steven Gerrard unveiled as new Rangers boss

Rangers unveiled former Liverpool and England captain Steven Gerrard as their new manager on Friday, handing the rookie boss the daunting task of ending Celtic's domination of the Scottish Premiership. Gerrard, who has previously only worked with Liverpoo
Published 05 May, 2018 12:00am
Aussie, kiwi bounce

Aussie, kiwi bounce

The Australian and New Zealand dollars were ending a tough week with a modest bounce on Friday as speculators took profits on long US dollar positions ahead of the closely watched payrolls report later in the session. The Aussie dollar had edged up to $0.
Published 05 May, 2018 12:00am
Sterling erases 2018 gains
Currency

Sterling erases 2018 gains

Sterling fell further against a surging dollar on Friday, erasing all its gains for 2018 after investors shrugged off disappointing jobs data out of the United States to buy into the greenback. The pound, until recently one of the best performing major cu
Published 05 May, 2018 12:00am
Sri Lankan rupee up
Currency

Sri Lankan rupee up

The Sri Lankan rupee ended marginally firmer on Friday, a day after a top central bank official warned against market manipulation, dealer said. The central bank on a net basis bought dollars from the market, Nandalal Weerasinghe, senior deputy governor a
Published 05 May, 2018 12:00am
Most Asian currencies edge up
Currency

Most Asian currencies edge up

Most Asian currencies edged higher on Friday as traders squared dollar positions ahead of the release of US payroll data later in the day, and after the Federal Reserve's less hawkish tone this week propped up regional currencies. The dollar index, which
Published 05 May, 2018 12:00am
Dollar declines from 2018 highs in New York

Dollar declines from 2018 highs in New York

The US dollar fell in choppy trading on Thursday as investors took profits from a rally that sent the greenback to its highest levels of the year and awaited payrolls data for April. The dollar has erased all its 2018 losses in the past two weeks on expec
Published 05 May, 2018 12:00am
Early trade in New York: dollar jumps to highest levels this year

Early trade in New York: dollar jumps to highest levels this year

The US dollar leaped to its highest levels this year against a basket of currencies on Friday, despite disappointing US employment data for April. The US economy added fewer jobs than expected and although the unemployment rate dropped to near a 17-1/2-ye
Published 05 May, 2018 12:00am
Dollar racks up third week of gains in Europe
Currency

Dollar racks up third week of gains in Europe

The dollar consolidated above the 92.50 line on Friday against a basket of its rivals, rounding off a third week of solid gains as widening interest rate differentials supported the greenback. With the US Federal Reserve staying the course in looking to r
Published 05 May, 2018 12:00am
Dollar down in Asia
Currency

Dollar down in Asia

The dollar held steady against a basket of currencies on Friday, having retreated from four-month highs on profit-taking, with the focus on whether US jobs data will provide the spark for another push higher. The dollar has erased all its 2018 losses over
Published 05 May, 2018 12:00am
Bayer says close to Monsanto merger after weak Q1
Exchange

Bayer says close to Monsanto merger after weak Q1

German chemicals firm Bayer said Thursday exchange rate headwinds had undermined revenues and profits in the first quarter, but kept its eyes on a planned takeover of US seeds and pesticides maker Monsanto. Net profits at the Leverkusen-based group fell 6
Published 05 May, 2018 12:00am
Diesel woes linger as German car sales surge

Diesel woes linger as German car sales surge

German carmakers reported a big increase in new registrations in April, official data on the vital sector showed Thursday, although buyers continued to shun diesel-fuelled vehicles after years of emissions scandals. Some 314,055 brand-new cars hit the roa
Published 05 May, 2018 12:00am
South Africa's private sector activity slows again in April

South Africa's private sector activity slows again in April

South African private sector activity expanded in April, albeit at a slower pace compared to the previous month as further increases in new orders were offset by climbing costs, a survey showed on Friday. The Standard Bank Purchasing Managers' Index (PMI)
Published 05 May, 2018 12:00am
Hermes wraps up Q1 with strong sales growth

Hermes wraps up Q1 with strong sales growth

French luxury goods giant Hermes on Wednesday posted strong growth in sales, with Asia driving the positive trend for the silk scarves, perfume and watch maker. The company's perfumes line did particularly well, with sales jumping 16 percent worldwide fol
Published 05 May, 2018 12:00am
German authorities smash potato packers' cartel

German authorities smash potato packers' cartel

Two German potato packing firms landed in hot water Thursday as competition authorities pounded them with a massive fine for secretly agreeing prices for their sacks of spuds. Officials at the Kartellamt in Bonn squeezed 13.2 million euros ($15.8 million)
Published 05 May, 2018 12:00am
Hungary blasts EU over funding 'blackmail' plan

Hungary blasts EU over funding 'blackmail' plan

Hungary said Thursday that a European Union plan to link the bloc's funding payouts to respect for the rule of law amounted to "blackmail", a day after Brussels unveiled its first post-Brexit multi-year budget plan. Budapest, along with Warsaw, is locked
Published 05 May, 2018 12:00am
Australia's trade surplus swells, signals Q1 growth revival

Australia's trade surplus swells, signals Q1 growth revival

Australia's trade surplus swelled to a 10-month peak in March as resource exports boasted a bumper run, suggesting the economy sprang ahead in the first quarter after a disappointing end to last year. Thursday's batch of data from the Australian Bureau of
Published 05 May, 2018 12:00am
DR Congo miner cuts cobalt deal with Belgian tycoon

DR Congo miner cuts cobalt deal with Belgian tycoon

The state mining firm in the Democratic Republic of Congo, Gecamines, and Belgian multi-millionaire businessman George Forrest have announced the settlement of a dispute that has stalled cobalt production. At a time of high global demand for cobalt and co
Published 05 May, 2018 12:00am
Ferrari hails 'record' Q1 results as profits zoom
Exchange

Ferrari hails 'record' Q1 results as profits zoom

Italian luxury carmaker Ferrari on Thursday said it was racing towards scoring "another great year" after profits accelerated past forecasts in the first quarter of 2018. The sportscar behemoth in a statement boasted a better-than-expected 19.4 percent ju
Published 05 May, 2018 12:00am
Egypt's non-oil business activity grows in April
Currency

Egypt's non-oil business activity grows in April

Egypt's non-oil private sector activity expanded in April for only the second time in 31 months, with output holding steady new export orders growing more, ending four months of deterioration, a survey showed on Thursday. The Emirates NBD Egypt Purchasing
Published 05 May, 2018 12:00am
IAG, Pearson lead FTSE 100 rebound, overcoming HSBC profit hit

IAG, Pearson lead FTSE 100 rebound, overcoming HSBC profit hit

Britain's leading stock index was lifted by strong results from British Airways owner IAG, while HSBC joined French banks in reporting weaker profit which hit its shares. A weak pound, which gives an accounting boost to companies whose earnings are in dol
Published 05 May, 2018 12:00am
Australian shares fall; New Zealand flat
Currency

Australian shares fall; New Zealand flat

Australian shares declined on Friday, weighed by financial stocks on the prospect of a weaker local currency and persistently low interest rates. The S&P/ASX 200 index dipped 0.6 percent or 35.40 points to 6,062.90 at the close of trade. The benchmark add
Published 05 May, 2018 12:00am
Indian shares plunge

Indian shares plunge

Indian shares ended lower on Friday, snapping a straight run of five weekly gains, tracking global cues with drugmakers and information technology counters weighing on sentiment. The benchmark BSE index closed down 0.53 percent at 34,915.38, slipping 0.2
Published 05 May, 2018 12:00am
European stocks rebound; bank shares lag
Exchange

European stocks rebound; bank shares lag

European shares bounced back on Friday as good company results rolled in, but bank stocks were left behind after poor updates from HSBC, BNP Paribas and Societe Generale. Broad-based gains lifted the pan-European STOXX 600 index, which rose 0.6 percent. T
Published 05 May, 2018 12:00am
China stocks lower
Exchange

China stocks lower

China stocks ended lower on Friday, capping a listless week, as investors anxiously await the outcome of the Sino-US trade talks being held in Beijing. The blue-chip CSI300 index ended down 0.5 percent at 3,774.60, while the Shanghai Composite Index close
Published 05 May, 2018 12:00am
Eurozone bond yields push higher

Eurozone bond yields push higher

Eurozone bond yields were broadly higher in late European trade on Friday, giving up earlier falls on the back of weaker-than-expected US jobs data as stock markets bounced back. A subdued European session left regional bond markets taking their cue once
Published 05 May, 2018 12:00am
Eurozone bond yields push higher

Eurozone bond yields push higher

Eurozone bond yields were broadly higher in late European trade on Friday, giving up earlier falls on the back of weaker-than-expected US jobs data as stock markets bounced back. A subdued European session left regional bond markets taking their cue once
Published 05 May, 2018 12:00am
TSX gains
Exchange

TSX gains

Canada's main stock index rose on Friday, boosted by the heavy-weight financial sector and energy companies, which were supported by higher oil prices. At 9:45 am ET (1345 GMT), the Toronto Stock Exchange's S&P/TSX Composite Index rose 23.28 points, or 0.
Published 05 May, 2018 12:00am
Treasury yields slip

Treasury yields slip

US Treasury yields slid on Thursday, pressured by falls in Europe after a surprising drop in euro zone inflation that could constrain the European Central Bank's efforts to unwind its monetary stimulus this year. Benchmark US 10-year yields dropped to two
Published 05 May, 2018 12:00am
Treasury yields slip

Treasury yields slip

US Treasury yields slid on Thursday, pressured by falls in Europe after a surprising drop in euro zone inflation that could constrain the European Central Bank's efforts to unwind its monetary stimulus this year. Benchmark US 10-year yields dropped to two
Published 05 May, 2018 12:00am
Sri Lankan stocks slip

Sri Lankan stocks slip

Sri Lankan shares ended at a near three-week low on Friday, led by large-cap shares in a light trading session, as investors looked for fresh cues from political and economic fronts. The Colombo stock index ended 0.26 percent weaker at 6,506.74, its lowes
Published 05 May, 2018 12:00am
S&P drops as weak earnings offset strong economic data
Exchange

S&P drops as weak earnings offset strong economic data

The S&P 500 ended lower on Thursday after a choppy session as disappointing earnings reports from several companies offset strong economic data. A sharp drop after the open had pushed the S&P 500 and the Dow Jones Industrial Average below their 200-day mo
Published 05 May, 2018 12:00am
Southeast Asian stocks down; Indonesia hits nine-month low
Exchange

Southeast Asian stocks down; Indonesia hits nine-month low

Most Southeast Asian markets fell on Friday on caution ahead of US payrolls data, with Indonesia hitting a nine-month closing low on worries of an economic slowdown even as foreign investors continued to cut down their equity holdings. US job growth likel
Published 05 May, 2018 12:00am
Hong Kong shares fall

Hong Kong shares fall

Hong Kong shares fell on Friday as investors weighed the outcome of the Sino-US trade talks, released during the final minutes of trading. The Hang Seng index fell 1.3 percent, to 29,926.50, while the China Enterprises Index lost 1.1 percent, to 11,890.62
Published 05 May, 2018 12:00am
US job growth rebounds modestly; unemployment rate hits 3.9 percent

US job growth rebounds modestly; unemployment rate hits 3.9 percent

US job growth increased less than expected in April and the unemployment rate dropped to near a 17-1/2-year low of 3.9 percent as some jobless Americans left the labour force. The Labour Department's closely watched employment report on Friday also showed
Published 05 May, 2018 12:00am
HSBC reports $4.76 billion pre-tax profit
Exchange

HSBC reports $4.76 billion pre-tax profit

Hong Kong banking giant HSBC said Friday that pre-tax profit dipped four percent to $4.76 billion in the first three months of the year owing to rising operating costs but added it would buy back $2 billion worth of stock. It also said revenue rose six pe
Published 05 May, 2018 12:00am
Alibaba says annual net profit up 47 percent

Alibaba says annual net profit up 47 percent

Chinese e-commerce giant Friday announced a massive 47 percent leap in net profit for the fiscal year 2017/2018, helped by a rise in smartphone and tablet transactions on its shopping platform. Profit climbed to 63.985 billion yuan ($10.2 billion), booste
Published 05 May, 2018 12:00am
Alibaba says annual net profit up 47 percent

Alibaba says annual net profit up 47 percent

Chinese e-commerce giant Friday announced a massive 47 percent leap in net profit for the fiscal year 2017/2018, helped by a rise in smartphone and tablet transactions on its shopping platform. Profit climbed to 63.985 billion yuan ($10.2 billion), booste
Published 05 May, 2018 12:00am
BMW races into 2018 with sales, profits record
Currency

BMW races into 2018 with sales, profits record

German high-end carmaker BMW said Friday it booked a strong first three months with record first-quarter shipments and profits, confirming its targets for the full year. Net profit at the Munich-based group added 1.2 percent year-on-year to reach 2.3 bill
Published 05 May, 2018 12:00am
UK fashion retailer collapses with 1,408 jobs at risk

UK fashion retailer collapses with 1,408 jobs at risk

British clothing retailer Calvetron has collapsed into administration, the group said Friday, placing more than 1,400 jobs in peril amid tough times on the UK high street. The group, whose history dates back to 1972 when it was founded by two east London
Published 05 May, 2018 12:00am
European police roll up massive VAT fraud gang

European police roll up massive VAT fraud gang

European police arrested 58 people in a continent-wide crackdown on a VAT fraud gang robbing European taxpayers of hundreds-of-millions of euros, the continent's policing agencies said Friday. A two-day operation coordinated by Europol and Europe's prosec
Published 05 May, 2018 12:00am
Fund of 1 million euros raised for striking French rail workers

Fund of 1 million euros raised for striking French rail workers

A fund set up to compensate striking French rail workers for their wage losses passed the 1-million-euro ($1.2-million) mark Friday, a month after they began disrupting train services over the government's planned overhaul of the railways. More than 26,00
Published 05 May, 2018 12:00am
Clouds form over eurozone growth but still some bright patches

Clouds form over eurozone growth but still some bright patches

Eurozone business growth dimmed again in April but the picture remained relatively bright as new business stayed buoyant and firms managed to build up backlogs of work, a survey showed on Friday. However, somewhat worrying for policymakers at the European
Published 05 May, 2018 12:00am
Air France-KLM boss resigns

Air France-KLM boss resigns

Air France-KLM boss Jean-Marc Janaillac announced his resignation Friday after staff at the carrier's French operations rejected a pay deal aimed at ending months of walkouts.
Published 05 May, 2018 12:00am
Critical US-China trade talks end in Beijing
Exchange

Critical US-China trade talks end in Beijing

China and the US ended the second day of high-stakes trade talks Friday with "big differences", Beijing said, leaving the world's two largest economies on the brink of a trade war that could have knock-on effects on the global economy. The talks were aime
Published 05 May, 2018 12:00am
CBOT SRW wheat futures down on profit taking

CBOT SRW wheat futures down on profit taking

Chicago Board of Trade soft red winter wheat futures fell on Wednesday on a round of profit taking after a rally on Tuesday pushed prices to their highest since July, traders said. K.C. hard red winter wheat futures firmed slightly, underpinned by concern
Published 05 May, 2018 12:00am
Canadian canola futures mixed

Canadian canola futures mixed

ICE Canadian canola futures ended mixed on Wednesday, as traders sold the nearby contract and bought deferred supplies. The most-active July contract dipped below the 50-day moving average for the first time since mid-April, triggering selling by some lon
Published 05 May, 2018 12:00am
Listless business on cotton market
Cotton

Listless business on cotton market

Not a single deal reported on the cotton market on Friday as leading mills kept on the sideline during the day in the absence of supply of lint cotton, dealers said. The official spot rate was unchanged at Rs 7500, they added. In both Sindh and Punjab, se
Published 05 May, 2018 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 175,471 tonnes of cargo comprising 113,049 tonnes of import cargo and 62,422 tonnes of export cargo including 7,788 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 113
Published 05 May, 2018 12:00am
Indonesia buys Black Sea wheat for August shipment

Indonesia buys Black Sea wheat for August shipment

A flour mill in Indonesia last week bought up to 60,000 tonnes of wheat from the Black Sea region for August shipment, trade sources said. The deal was signed at around $220-$222 a tonne, including cost and freight (C&F). US wheat prices offered in Asia h
Published 05 May, 2018 12:00am
European gasoline margins fall in thin market

European gasoline margins fall in thin market

Gasoline refining margins in northwest Europe fell on Wednesday in a thin market, with the United States a favoured destination. EIA data showed US weekly gasoline stocks were up 1.17 million barrels at 237.98 million barrels. Most arbitrages were shut wi
Published 05 May, 2018 12:00am
European wheat futures hit six-month high

European wheat futures hit six-month high

European wheat futures in Paris hit a six-month high on Wednesday, buoyed by adverse crop conditions around the world and further export-boosting weakness in the euro. December milling wheat, the new-crop benchmark and most active contract on Paris-based
Published 05 May, 2018 12:00am
CBOT soyabean futures fall

CBOT soyabean futures fall

Chicago Board of Trade soyabean futures fell on Wednesday on concerns about export demand from top buyer China drying up due to a trade dispute as well as ample supplies from Brazil, traders said. The benchmark CBOT July soyabean futures contract dropped
Published 05 May, 2018 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,426. The traded value of Metals, Energy and COTS/FX was recorded at 5.501 billion and the number of lots traded was 10,047. Major business was contributed by gold amount
Published 05 May, 2018 12:00am
Corrections
Cotton

Corrections

In the Cotton Analysis published on Friday, May 3, 2018, cotton lifted by the domestic mills was 11,085,425 bales and not 3,974,403 bales. Furthermore, President Donald Trump took office in January 2017 and not in 2018 as reported in the said cotton analy
Published 05 May, 2018 12:00am
Corrections
Cotton

Corrections

In the Cotton Analysis published on Friday, May 3, 2018, cotton lifted by the domestic mills was 11,085,425 bales and not 3,974,403 bales. Furthermore, President Donald Trump took office in January 2017 and not in 2018 as reported in the said cotton analy
Published 05 May, 2018 12:00am
Successful failure
Kerb

Successful failure

Success leads to failure if not every time, many times. Everything in life is about success. As an individual, our early childhood behavior and learning abilities have comparative success factors. Our school and university period is all about GPAs, grades
Published 05 May, 2018 12:00am
The disappearing jobs of yesterday

The disappearing jobs of yesterday

Ahead of May Day, AFP reporters, video and photo teams spoke to men and women around the globe whose jobs are becoming increasingly rare, particularly as technology transforms societies.
Published 05 May, 2018 12:00am
Income, education tied to physical function in old age

Income, education tied to physical function in old age

People with lower socioeconomic status may have fewer years of good physical functioning in old age than their more affluent, educated counterparts, a recent study suggests. Researchers examined data on socioeconomic status, chronic medical problems, and
Published 05 May, 2018 12:00am
ART FACTS: cultural colours of Sindh

ART FACTS: cultural colours of Sindh

The Sindh Museum, Hyderabad reflected the Sindh's culture and traditions in all the paintings displayed there in a group exhibition by the artists from several towns and cities of Sindh including Tando Allahyar, Sanghar, Hyderabad and Karachi. Titled "Sin
Published 05 May, 2018 12:00am
It's about life

It's about life

Innovation and invention allows artists to evolve. Today's young artists experiments with mediums and execution of their work to make it more expressive. The viewers peek inside the minds of young emerging artists while going through the collection of pai
Published 05 May, 2018 12:00am
Florida man's Princess Di collection celebrates her legacy, fills house

Florida man's Princess Di collection celebrates her legacy, fills house

John Hoatson's home is a shrine to Princess Diana, with everything from a wedding day portrait to a plush doll and miniature replicas of her wedding shoes. Hoatson's passion for all things Diana began when he was 8 and shows no signs of fading at the age
Published 05 May, 2018 12:00am
Tomorrow's jobs require impressing a bot with quick thinking

Tomorrow's jobs require impressing a bot with quick thinking

When Andrew Chamberlain started in his job four years ago in the research group at jobs website Glassdoor.com, he worked in a programming language called Stata. Then it was R. Then Python. Then PySpark. "My dad was a commercial printer and did the same th
Published 05 May, 2018 12:00am
Prince Harry and Meghan Markle: a tale of love at first sight

Prince Harry and Meghan Markle: a tale of love at first sight

It was love at first sight for Prince Harry and Meghan Markle, who both quickly sensed their brief encounter on a blind date could blossom into something much, much bigger. They were set up by a mutual friend when US actress Markle was passing through Lon
Published 05 May, 2018 12:00am
At New York's Met, an opera even babies can go gaga for

At New York's Met, an opera even babies can go gaga for

New York parents, ever vigilant for new ways to amuse their offspring, are picking up babies and flocking to the Metropolitan Opera this week for a very special US performance. "BambinO" - a 40-minute opera composed specifically for infants - has crossed
Published 05 May, 2018 12:00am
Autobots Roll Out! - transforming robot unveiled

Autobots Roll Out! - transforming robot unveiled

A Transformers-style, humanoid robot that can shape shift into a sports car in about sixty seconds was unveiled in Japan last Wednesday. The "J-deite RIDE" robot is the brainchild of Kenji Ishida, CEO of Brave Robotics and a fan of anime movies featuring
Published 05 May, 2018 12:00am
My big break: Tom Cruise on the snapped ankle that halted 'M:I6'

My big break: Tom Cruise on the snapped ankle that halted 'M:I6'

If the infamous "hobbling" scene in Rob Reiner's "Misery" made you hide behind the sofa, then prepare to wince hard at "Mission: Impossible - Fallout" - as Tom Cruise shatters his ankle for real. The injury has threatened or ended the careers of sports le
Published 05 May, 2018 12:00am
Marvel heroes together en masse for 'Avengers: Infinity War'

Marvel heroes together en masse for 'Avengers: Infinity War'

More than two dozen superheroes. One big baddie. Let the mega-battle begin - and watch the box office receipts pile up. Last week, Marvel Studios unleashes the highly-anticipated "Avengers: Infinity War" on theaters worldwide, almost 10 years to the day t
Published 05 May, 2018 12:00am
French domestic abuse thriller terrifying US audiences

French domestic abuse thriller terrifying US audiences

It is an unsatisfactory but all-too-familiar denouement of divorce battles involving children: the judge who must allow a violent man back into his family's lives because there is no proof of abuse claims. Oscar-nominated Xavier Legrand's French-language
Published 05 May, 2018 12:00am
BRIDGE NOTES: either way declarer is home

BRIDGE NOTES: either way declarer is home

Sometimes what so is near seems so far and in Bridge at times you see the winning line and the next instant you don't see it. As you concentrate, your thinking becomes more logical and focused to enable you to tackle correctly the handling of the key suit
Published 05 May, 2018 12:00am
James Cameron traces roots of sci-fi movie explosion

James Cameron traces roots of sci-fi movie explosion

"Avatar" director James Cameron's latest project takes audiences back to the humble beginnings of science fiction movies, long before films like "Star Wars" sold billions of dollars worth of tickets and dominated popular culture. In a six-part documentary
Published 05 May, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 05 May, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 05 May, 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 05 May, 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 05 May, 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 (May 04, 2018).

Published 05 May, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (May 04, 2018).
Published 05 May, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (May 04, 2018).

Published 05 May, 2018 12:00am
66.4 percent stake in KE: SEP not to seal deal without MYT notification

66.4 percent stake in KE: SEP not to seal deal without MYT notification

Shanghai Electric Power Limited (SEP) has reportedly expressed its inability to finalise deal with M/s Abraaj of Dubai for acquiring 66.4 percent shares in KE without notification of Multi-Year Tariff (MYT), well-informed sources told Business Recorder
Published 05 May, 2018 12:00am
66.4 percent stake in KE: SEP not to seal deal without MYT notification

66.4 percent stake in KE: SEP not to seal deal without MYT notification

Shanghai Electric Power Limited (SEP) has reportedly expressed its inability to finalise deal with M/s Abraaj of Dubai for acquiring 66.4 percent shares in KE without notification of Multi-Year Tariff (MYT), well-informed sources told Business Recorder
Published 05 May, 2018 12:00am
66.4 percent stake in KE: SEP not to seal deal without MYT notification

66.4 percent stake in KE: SEP not to seal deal without MYT notification

Shanghai Electric Power Limited (SEP) has reportedly expressed its inability to finalise deal with M/s Abraaj of Dubai for acquiring 66.4 percent shares in KE without notification of Multi-Year Tariff (MYT), well-informed sources told Business Recorder
Published 05 May, 2018 12:00am
EOBI cases: SC issues notices to two HC judges, others

EOBI cases: SC issues notices to two HC judges, others

The Supreme Court on Friday issued notices to the members of legal fraternity, including two judges of Islamabad High Court, who had represented Employees Old Benefit Institution (EOBI) in various cases. A two-judge bench comprising Chief Justice Mian Saq
Published 05 May, 2018 12:00am