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Archive - 2018-05-30
Hino staying on the mark
Automobile

Hino staying on the mark

Being a leader in the market for commercial vehicles, HinoPak (PSX: HINO) takes up nearly 45 percent of the market share
Updated 05 Jun, 2018 06:00am
Crescent Textile Mills Limited
Mutual Funds

Crescent Textile Mills Limited

Crescent Textile Mills Limited (PSX: CRTM) is one of the leading textile composites in Pakistan. Established in 1950 by Muhammad Shafi, the company managed to make a niche for itself in export markets of North America, Europe and Japan while also expandin
Updated 31 May, 2018 05:08am
Schoenbrunn Palace
Featured Photos

Schoenbrunn Palace

Schoenbrunn Palace is seen behind a fountain as the Vienna Philharmonic Orchestra performs on stage during a dress r
Published 30 May, 2018 09:09pm
Fertilizer off-take steadies
Fertilizer

Fertilizer off-take steadies

Kharif season has started off on a positive note in terms of fertilizer application. As per statistics released by the N
Published 30 May, 2018 06:19am
Italian bonds suffer worst day in over 25 years

Italian bonds suffer worst day in over 25 years

A deepening political crisis in Italy, the euro zone's third biggest economy, fuelled a selloff in Italian assets and the euro on Tuesday that was reminiscent of the euro zone debt crisis of 2010-2012. Short-term Italian bond yields suffered the biggest o
Published 30 May, 2018 12:00am
Hong Kong shares down

Hong Kong shares down

Hong Kong stocks ended lower on Tuesday, led by financials, as risk appetite was curbed by market volatility in Europe, where fresh elections in Italy stirred fears of euro zone break-up. The Hang Seng index ended 1 percent lower at 30,484.58, while the C
Published 30 May, 2018 12:00am
Tokyo stocks lower

Tokyo stocks lower

Tokyo stocks moved lower on Tuesday, dragged down by lingering uncertainty over the prospects for a US-North Korea summit and a political crisis in Italy which is heading for fresh elections. The benchmark Nikkei 225 index lost 0.55 percent, or 122.66 poi
Published 30 May, 2018 12:00am
Indian shares lower; financials drag

Indian shares lower; financials drag

Indian shares ended lower on Tuesday, snapping three sessions of gains, with lenders such as ICICI Bank Ltd and State Bank of India weighing on the indexes. The broader NSE index closed 0.52 percent lower at 10,633.30 while the benchmark BSE index was dow
Published 30 May, 2018 12:00am
Gulf stocks see limited gains, property shares weigh on Dubai

Gulf stocks see limited gains, property shares weigh on Dubai

Dubai shares were sluggish on Tuesday, dragged down by property stocks, while other Gulf markets closed in positive territory. Gains were modest amid very thin trading volumes during the holy month of Ramazan, a risk-off sentiment in foreign markets as we
Published 30 May, 2018 12:00am
Aussie, kiwi down

Aussie, kiwi down

The Australian and New Zealand dollars fell on Tuesday as a risk-off tone dominated across financial markets amid political uncertainty in Italy and falling oil prices. The Australian dollar eased below a closely-watched 20-day moving average of $0.7526 f
Published 30 May, 2018 12:00am
Sterling falls to lowest against dollar since November
Currency

Sterling falls to lowest against dollar since November

The pound fell to a six-month low against a rallying dollar on Tuesday, while it held its own against a euro dragged down by concerns about a deepening political crisis in Italy. Sterling has slumped against the dollar since mid-April as expectations of a
Published 30 May, 2018 12:00am
Danish crown jumps

Danish crown jumps

The Danish crown strengthened markedly against the euro on Tuesday, hitting its strongest since January, after Italy's president on Monday set his country on a path to early elections.
Published 30 May, 2018 12:00am
Asian currencies soften in holiday-thin trade
Currency

Asian currencies soften in holiday-thin trade

Asian currencies inched lower on Tuesday in thin holiday trade as the dollar held near 6-1/2 month highs scaled in the previous session, as concerns about Italian politics and the euro zone dented investor sentiment. Uncertainties regarding the elections
Published 30 May, 2018 12:00am
Yuan slips to weakest in four months
Currency

Yuan slips to weakest in four months

China's yuan stumbled to its weakest in more than four months on Tuesday, falling past a psychologically important level after the central bank's softer fixing and broad dollar strength. "The authorities are sending a message that they are comfortable wit
Published 30 May, 2018 12:00am
Euro falls to 10-month low in Europe
Currency

Euro falls to 10-month low in Europe

The euro fell on Tuesday to a 10-month low after a selloff in Italy's debt market drove investors to dump the single currency. A deepening political crisis in Italy, the euro zone's third biggest economy, provoked selling of Italian assets and the euro th
Published 30 May, 2018 12:00am
Early trade in New York: dollar at 10-month high against euro
Currency

Early trade in New York: dollar at 10-month high against euro

The dollar rose on Tuesday to a 10-month high against the euro after a sell-off in Italy's debt market drove investors to dump the single currency. A deepening political crisis in Italy, the euro zone's third-biggest economy, provoked selling of Italian a
Published 30 May, 2018 12:00am
Dollar near 6-1/2-month low in Asia
Currency

Dollar near 6-1/2-month low in Asia

The euro struggled near a 6-1/2-month low against the dollar on Tuesday, as the bounce seen at the start of the week faded and investors took a grim view on the prospect of fresh elections in Italy. The common currency was little changed at $1.1629 after
Published 30 May, 2018 12:00am
Turkish lira weakens
Currency

Turkish lira weakens

Turkey's lira weakened on Tuesday, giving up some gains from the previous session, when it had racked up its best one-day performance in 16 months on the central bank's announcement it would return to a single policy rate. The bank on Monday said it would
Published 30 May, 2018 12:00am
Shanghai steel futures rise to one-week peak

Shanghai steel futures rise to one-week peak

Shanghai steel futures rose to a one-week peak on Monday after data showing strong profits at steel producers helped boost overall earnings growth at China's industrial firms to the quickest pace in six months. Profits at Chinese industrial companies rose
Published 30 May, 2018 12:00am
Turkey seeks to buy 200,000 tonnes of corn

Turkey seeks to buy 200,000 tonnes of corn

Turkey's state grain board TMO has issued international tenders to purchase a total of 200,000 tonnes of optional origin of animal feed corn, European traders said on Monday. The TMO has issued 20 separate tenders of 10,000 tonnes each, traders said. Offe
Published 30 May, 2018 12:00am
Seed cotton prices hit six-year high
Cotton

Seed cotton prices hit six-year high

Seed cotton prices touched six-year high on the cotton market on Tuesday in process of improved trading activity, dealers said. The official spot rate was unchanged at Rs 7,400, they added. In the ready session, around 6000 bales of cotton changed hands b
Published 30 May, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 134,178 tonnes of cargo comprising 83,773 tonnes of import cargo and 50,405 tonnes of export cargo including 6,011 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 83,
Published 30 May, 2018 12:00am
Dry weather to affect Ivory Coast cocoa mid-crop quality

Dry weather to affect Ivory Coast cocoa mid-crop quality

Below-average rain in parts of Ivory Coast's main cocoa growing regions could impact the quality of the April-to-September mid-crop, farmers said on Monday, although overall they expected a good harvest. Ivory Coast, the world's top cocoa producer, is in
Published 30 May, 2018 12:00am
Palm oil down on European vegoils market
Vegetable Oil

Palm oil down on European vegoils market

Palm oil on the European vegetable oils market eased on Monday as Malaysian palm oil futures dropped on steep losses in energy markets. Lower energy prices could lead to a fall in demand for vegetable oils from biodiesel producers. Asking prices for palm
Published 30 May, 2018 12:00am
Russian wheat export prices rise

Russian wheat export prices rise

Russian wheat export prices rose last week, tracking global benchmarks in Chicago and Paris, with further support from downgrades to Russian 2018 crop forecasts, analysts said on Monday. US wheat futures jumped 5 percent last week as unfavourable weather
Published 30 May, 2018 12:00am
Asian gasoline crack falls on high oil prices

Asian gasoline crack falls on high oil prices

Asia's gasoline crack fell for a fourth straight session on Monday to $9.41 a barrel, the lowest since May 16 as high oil prices has capped margins despite seasonal peak demand. Indonesia's Pertamina, Asia's top gasoline importer, has led the charge by bu
Published 30 May, 2018 12:00am
PMEX daily trading report

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,485. The traded value of Metals, Energy and COTS/FX was recorded at 6.103 billion and the number of lots traded was 11,714. Major business was contributed by gold amountin
Published 30 May, 2018 12:00am
Serena back in winning business

Serena back in winning business

Serena Williams made a winning return to Grand Slam tennis which was as memorable as her body-hugging black catsuit when she reached the Roland Garros second round on Tuesday. The 36-year-old downed Kristyna Pliskova of the Czech Republic 7-6 (7/4), 6-4 t
Published 30 May, 2018 12:00am
Nadal, Sharapova survive scares

Nadal, Sharapova survive scares

Rafael Nadal racked up his 80th French Open win, while Maria Sharapova battled back from a final set deficit to reach the second round as Serena Williams made her eagerly-awaited Roland Garros return to Grand Slam tennis on Tuesday. Nadal, the 10-time cha
Published 30 May, 2018 12:00am
Ronaldo-less Portugal held by Tunisia

Ronaldo-less Portugal held by Tunisia

AC Milan striker Andre Silva hit a landmark 1000th goal for the hosts but there was little to celebrate as Cristiano Ronaldo-less Portugal were held 2-2 by Tunisia in a pre-World Cup friendly on Monday. Still smarting from a 3-0 defeat to the Netherlands
Published 30 May, 2018 12:00am
Sterling defends assault rifle tattoo

Sterling defends assault rifle tattoo

Manchester City and England star Raheem Sterling has been forced to defend his new tattoo of an M16 assault rifle. Sterling posted a picture of himself training with his England team-mates at St George's Park, with a tattoo of an assault rifle on the wing
Published 30 May, 2018 12:00am
Salah could be out for 'three to four weeks', says Liverpool physio

Salah could be out for 'three to four weeks', says Liverpool physio

Mohamed Salah faces a fight to play in any of Egypt's World Cup group games, according to one of Liverpool's physiotherapists. Club physio Ruben Pons has estimated Salah would normally need "three to four weeks" to recover from the left shoulder injury he
Published 30 May, 2018 12:00am
Nadal blasts French Open court after Bolelli scare

Nadal blasts French Open court after Bolelli scare

Rafael Nadal racked up his 80th win at the French Open on Tuesday as the 10-time champion defeated Italian lucky loser Simone Bolelli 6-4, 6-3, 7-6 (11/9) to reach the second round, but then blasted the showpiece Philippe Chatrier Court for being too slip
Published 30 May, 2018 12:00am
Balotelli scores as Mancini starts Italy reign with a win

Balotelli scores as Mancini starts Italy reign with a win

Mario Balotelli got new Italy coach Roberto Mancini off to a winning start by scoring the opener in a 2-1 win over Saudi Arabia in a pre-World Cup friendly in Saint Gallen on Monday. Saudi Arabia face hosts Russia in the opening match of the tournament on
Published 30 May, 2018 12:00am
Putin calls for 'culture of no tolerance' to doping

Putin calls for 'culture of no tolerance' to doping

Russian President Vladimir Putin called Tuesday for sports officials to restore Moscow's place in international sport and implement a "culture of no tolerance" to doping ahead of a vote to elect a new head of Russia's Olympic Committee. "It is important t
Published 30 May, 2018 12:00am
Warner, Bancroft sign up for Northern Territory event

Warner, Bancroft sign up for Northern Territory event

Australia batsmen David Warner and Cameron Bancroft have signed up for a limited-overs tournament in Northern Territory in July as they look to return to cricket in the wake of the ball-tampering scandal which saw them banned from the national team. Forme
Published 30 May, 2018 12:00am
Women T20 Asia Cup from June 1

Women T20 Asia Cup from June 1

Pakistan will participate in the Women's T20 Asia Cup Tournament which is being staged in Malaysia from June 1 to 11, under the aegis of Asian Cricket Council (ACC). Six women cricket teams including Pakistan, India, Bangladesh, Sri Lanka, Thailand and ho
Published 30 May, 2018 12:00am
MOL Pakistan hosts sports events in KPK

MOL Pakistan hosts sports events in KPK

MOL Pakistan Oil and Gas Co, BV organized sporting events with an aim to revive sports activities. The events recently concluded in Karak, Kohat and adjoining areas of Khyber Pakhtunkhwa. In this connection, the company sponsored its famous Cricket Mela i
Published 30 May, 2018 12:00am
South Africa must prepare for tricky transition: Smith

South Africa must prepare for tricky transition: Smith

The untimely retirement of "irreplaceable" AB de Villiers is a big loss for South Africa and the team must prepare for the challenging transition they face in the next couple of years, former captain Graeme Smith has told Reuters. The South African battin
Published 30 May, 2018 12:00am
Indian economy likely motored ahead in Q1 but now might coast
Currency

Indian economy likely motored ahead in Q1 but now might coast

India's economy probably gained a little momentum in the first three months of 2018 which should ensure that it remains the world's fastest growing major ecoonomy, a Reuters poll found. Gross domestic product expanded an annual 7.3 percent in the first th
Published 30 May, 2018 12:00am
Morocco boycott revives debate over business, politics links

Morocco boycott revives debate over business, politics links

More than a month after its launch, an unprecedented boycott campaign in Morocco against three well-known brands has revived criticism against links between the country's business and political elite. Spreading like wildfire across social media, the campa
Published 30 May, 2018 12:00am
UAE non-oil economic growth slows slightly

UAE non-oil economic growth slows slightly

Non-oil economic activity in the United Arab Emirates grew by 3.1 percent from a year earlier in the first quarter, slowing slightly from 3.4 percent in the final quarter of 2017, the central bank estimated on Tuesday. Overall economic activity, which inc
Published 30 May, 2018 12:00am
Italy debt-risk premium highest in nearly five years

Italy debt-risk premium highest in nearly five years

Italy's debt-risk premium on Monday soared to its highest level since November 2013 and the Milan stock exchange plummeted as the country continued in political turmoil, with fresh elections now very likely. Italy's 10-year bond yields - the return an inv
Published 30 May, 2018 12:00am
Social reform is rare bright spot in Saudi economic gloom

Social reform is rare bright spot in Saudi economic gloom

Nouf al-Anzy's new life shows how Saudi Arabia's social reforms are helping its struggling economy. Six months ago she got her first job, one of tens of thousands of women to do so as the government tackles prejudice against female employment.
Published 30 May, 2018 12:00am
Chinese demand for foreign autos, cosmetics robust

Chinese demand for foreign autos, cosmetics robust

Chinese consumer demand for foreign foodstuff, cosmetics and automobiles is strong, two surveys by China's commerce ministry showed on Monday, and local distributors plan to ramp up orders from overseas suppliers in the next 12 months.
Published 30 May, 2018 12:00am
South Korea to provide economic support to hard-hit shipbuilding regions

South Korea to provide economic support to hard-hit shipbuilding regions

South Korean Finance Minister Kim Dong-yeon said on Tuesday the government will designate five key shipbuilding centres on the country's south coast as "industry crisis" zones eligible for economic support. The areas include Dong-gu in the city of Ulsan,
Published 30 May, 2018 12:00am
India police investigate AirAsia boss Fernandes

India police investigate AirAsia boss Fernandes

India's federal police Tuesday raided local offices of budget carrier AirAsia as investigators accused the airline's boss Tony Fernandes of illegally obtaining operating licences. The Central Bureau of Investigation said it was probing allegations that Fe
Published 30 May, 2018 12:00am
Brazilian unemployment dips to 12.9 percent

Brazilian unemployment dips to 12.9 percent

Brazil's unemployment rate dipped to 12.9 percent in April, ending a three-month streak of gradual increases, official figures showed Tuesday. The decrease in joblessness from the previous month's 13.1 percent rate was bigger than expected by markets. Val
Published 30 May, 2018 12:00am
US consumer confidence rebounds, house prices increase

US consumer confidence rebounds, house prices increase

Consumer confidence rebounded in May, but households were a bit pessimistic about their short-term income prospects even as they expected strong job growth to persist, which could restrain consumer spending. The Conference Board said on Tuesday its consum
Published 30 May, 2018 12:00am
Venezuela warns businesses not to halt payments
Currency

Venezuela warns businesses not to halt payments

Venezuela warned businesses on Monday not to slow operations during next week's monetary overhaul to remove three zeros from the hyperinflationary economy's prices, a measure critics say could create chaos because it is being implemented so quickly. Socia
Published 30 May, 2018 12:00am
Italy's 'fate' not dictated by financial markets: EU's Juncker

Italy's 'fate' not dictated by financial markets: EU's Juncker

The financial markets will not dictate how Italians vote and Italy will pursue its pro-EU path, European Commission chief Jean-Claude Juncker said Tuesday. Juncker denied controversial remarks attributed to his budget commissioner Guenther Oettinger, who
Published 30 May, 2018 12:00am
Canada government steps in to buy controversial pipeline

Canada government steps in to buy controversial pipeline

Canada's government stepped in Tuesday to take over a controversial pipeline expansion project to ensure that it gets built in the face of stiff opposition from environmental activists and a regional government. Ottawa will pay Kinder Morgan Can$4.5 billi
Published 30 May, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 30 May, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 30 May, 2018 12:00am
State Bank of Pakistan conversion rates
Currency

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 30 May, 2018 12:00am
Barclays bid rates and maximum rates for payment of interest

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 30 May, 2018 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (May 29, 2018).

Published 30 May, 2018 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (May 29, 2018).

Published 30 May, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (May 29, 2018).
Published 30 May, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (May 29, 2018).

Published 30 May, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 30 May, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.

Published 30 May, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 30 May, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 30 May, 2018 12:00am
Controversial book: Nawaz reiterates demand

Controversial book: Nawaz reiterates demand

Deposed Prime Minister Nawaz Sharif on Tuesday reiterated his demand for formation of national inquiry commission comprising representatives from judiciary, establishment, civil society, and Parliament. Talking to reporters inside the Accountability Court
Published 30 May, 2018 12:00am
Controversial book: Nawaz reiterates demand

Controversial book: Nawaz reiterates demand

Deposed Prime Minister Nawaz Sharif on Tuesday reiterated his demand for formation of national inquiry commission comprising representatives from judiciary, establishment, civil society, and Parliament. Talking to reporters inside the Accountability Court
Published 30 May, 2018 12:00am
NSC condemns reign of terror in Kashmir

NSC condemns reign of terror in Kashmir

Prime Minister Shahid Khaqan Abbasi chaired the 24th meeting of the National Security Committee (NSC) at Prime Minister's House on Tuesday. The meeting was attended by the Minister for Interior Ahsan Iqbal, Minister for Defence & Foreign Affairs Khurram D
Published 30 May, 2018 12:00am
NSC condemns reign of terror in Kashmir

NSC condemns reign of terror in Kashmir

Prime Minister Shahid Khaqan Abbasi chaired the 24th meeting of the National Security Committee (NSC) at Prime Minister's House on Tuesday. The meeting was attended by the Minister for Interior Ahsan Iqbal, Minister for Defence & Foreign Affairs Khurram D
Published 30 May, 2018 12:00am
Special hotline contact established between DGMOs

Special hotline contact established between DGMOs

Director Generals Military Operations (DGMOs) of Pakistan and India reviewed prevailing situation along the Line of Control (LoC) and Working Boundary (WB) and mutually agreed to no ceasefire violation in future in order to ensure peace between the two co
Published 30 May, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (May 29, 2018).

Published 30 May, 2018 12:00am
Special hotline contact established between DGMOs

Special hotline contact established between DGMOs

Director Generals Military Operations (DGMOs) of Pakistan and India reviewed prevailing situation along the Line of Control (LoC) and Working Boundary (WB) and mutually agreed to no ceasefire violation in future in order to ensure peace between the two co
Published 30 May, 2018 12:00am
Security policy approved by Cabinet

Security policy approved by Cabinet

A meeting of the federal Cabinet on Tuesday approved national internal security policy 2018-2023 and national transport policy 2018. The cabinet meeting chaired by Prime Minister Shahid Khaqan Abbasi also approved national films policy and national cultur
Published 30 May, 2018 12:00am
Security policy approved by Cabinet

Security policy approved by Cabinet

A meeting of the federal Cabinet on Tuesday approved national internal security policy 2018-2023 and national transport policy 2018. The cabinet meeting chaired by Prime Minister Shahid Khaqan Abbasi also approved national films policy and national cultur
Published 30 May, 2018 12:00am
BRIndex100 turns green

BRIndex100 turns green

Pakistan Stock Exchange (PSX) closed higher Tuesday, backed mainly by easing political uncertainty following the appointment of caretaker prime minister. BRIndex100 increased by 64.63 points or 1.44 percent to close at 4,553.41 points compared to 4,488.78
Published 30 May, 2018 12:00am
BRIndex100 turns green

BRIndex100 turns green

Pakistan Stock Exchange (PSX) closed higher Tuesday, backed mainly by easing political uncertainty following the appointment of caretaker prime minister. BRIndex100 increased by 64.63 points or 1.44 percent to close at 4,553.41 points compared to 4,488.78
Published 30 May, 2018 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee maintained firm trend against the dollar on the money market on Tuesday in the process of trading activity, dealers said. The rupee managed to hold overnight levels in relation to the dollar for buying and selling Rs 115.61 and Rs 115.62 respect
Published 30 May, 2018 12:00am
BRIndex100 turns green

BRIndex100 turns green

Pakistan Stock Exchange (PSX) closed higher Tuesday, backed mainly by easing political uncertainty following the appointment of caretaker prime minister. BRIndex100 increased by 64.63 points or 1.44 percent to close at 4,553.41 points compared to 4,488.78
Published 30 May, 2018 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee maintained firm trend against the dollar on the money market on Tuesday in the process of trading activity, dealers said. The rupee managed to hold overnight levels in relation to the dollar for buying and selling Rs 115.61 and Rs 115.62 respect
Published 30 May, 2018 12:00am
Azerbaijan inaugurates $40 billion European gas pipeline

Azerbaijan inaugurates $40 billion European gas pipeline

Azerbaijan inaugurated on Tuesday part of an ambitious $40-billion pipeline complex that will create the first direct route to transport gas from one of the world's largest fields to Europe bypassing Russia. "With this project we are creating a new energy
Published 30 May, 2018 12:00am
Azerbaijan inaugurates $40 billion European gas pipeline

Azerbaijan inaugurates $40 billion European gas pipeline

Azerbaijan inaugurated on Tuesday part of an ambitious $40-billion pipeline complex that will create the first direct route to transport gas from one of the world's largest fields to Europe bypassing Russia. "With this project we are creating a new energy
Published 30 May, 2018 12:00am
Azerbaijan inaugurates $40 billion European gas pipeline

Azerbaijan inaugurates $40 billion European gas pipeline

Azerbaijan inaugurated on Tuesday part of an ambitious $40-billion pipeline complex that will create the first direct route to transport gas from one of the world''s largest fields to Europe bypassing Russia. "With this project we are creating a new energ
Published 30 May, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 29, 2018).

Published 30 May, 2018 12:00am
Provinces held responsible for power theft

Provinces held responsible for power theft

Prime Minister Shahid Khaqan Abbasi has blamed provinces for power theft and stated that the federal government does not get required support from the provinces against the ongoing pilferages. Speaking at a news conference on power sector here on Tuesday,
Published 30 May, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 29, 2018).

Published 30 May, 2018 12:00am
Provinces held responsible for power theft

Provinces held responsible for power theft

Prime Minister Shahid Khaqan Abbasi has blamed provinces for power theft and stated that the federal government does not get required support from the provinces against the ongoing pilferages. Speaking at a news conference on power sector here on Tuesday,
Published 30 May, 2018 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (May 29, 2018).

Published 30 May, 2018 12:00am
Provinces held responsible for power theft

Provinces held responsible for power theft

Prime Minister Shahid Khaqan Abbasi has blamed provinces for power theft and stated that the federal government does not get required support from the provinces against the ongoing pilferages. Speaking at a news conference on power sector here on Tuesday,
Published 30 May, 2018 12:00am
Massive investment required to upgrade power system: Pepco MD

Massive investment required to upgrade power system: Pepco MD

Managing Director Pakistan Electric Power Company (Pepco) Musadak Ahmad Khan revealed on Tuesday that $ 40-50 billion investment is required to upgrade the entire "obsolete" power system and provide reliable supply to the consumers.
Published 30 May, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (May 29, 2018)

Published 30 May, 2018 12:00am
Massive investment required to upgrade power system: Pepco MD

Massive investment required to upgrade power system: Pepco MD

Managing Director Pakistan Electric Power Company (Pepco) Musadak Ahmad Khan revealed on Tuesday that $ 40-50 billion investment is required to upgrade the entire "obsolete" power system and provide reliable supply to the consumers.
Published 30 May, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (May 29, 2018).

Published 30 May, 2018 12:00am
Massive investment required to upgrade power system: Pepco MD

Massive investment required to upgrade power system: Pepco MD

Managing Director Pakistan Electric Power Company (Pepco) Musadak Ahmad Khan revealed on Tuesday that $ 40-50 billion investment is required to upgrade the entire "obsolete" power system and provide reliable supply to the consumers.
Published 30 May, 2018 12:00am
The Weather

The Weather

The weather report on Tuesday (May 29, 2018) and the forecast for Wednesday (May 30, 2018).

Published 30 May, 2018 12:00am
Eight Punjab districts: IHC turns down delimitation of constituencies

Eight Punjab districts: IHC turns down delimitation of constituencies

The Islamabad High Court (IHC) on Tuesday turned down delimitation of constituencies in eight districts and directed Election Commission of Pakistan (ECP) to conduct fresh delimitation there in accordance with law. Justice Aamer Farooq of IHC heard the ca
Published 30 May, 2018 12:00am
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