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Archive - 2018-06-16
UN's demand to probe into HR abuses in IHK hailed

UN's demand to probe into HR abuses in IHK hailed

Pakistan Muslim League-Nawaz President Shahbaz Sharif has welcomed the UN demand of international investigations into human rights abuses in the Indian occupied Kashmir. In a statement with regard to the United Nations report on Indian atrocities against
Published 16 Jun, 2018 12:00am
Four more inducted into Punjab Cabinet

Four more inducted into Punjab Cabinet

The interim Punjab government added four more members in the caretaker Punjab Cabinet, taking the total number of provincial ministers to 10. Saeedullah Babar, Chaudhry Faisal, Noman Kabir, and Tanveer Ilyas were sworn-in in a ceremony held at the Governo
Published 16 Jun, 2018 12:00am
Shahbaz urges political parties to shun petty issues

Shahbaz urges political parties to shun petty issues

Pakistan Muslim League-Nawaz President Shahbaz Sharif has greeted the Muslim Ummah around the world and Pakistani nation on the occasion of Eidul Fitr and wished the event may bring joy, peace and prosperity among the Muslims.
Published 16 Jun, 2018 12:00am
PPP to issue list of candidates for Punjab after Eid

PPP to issue list of candidates for Punjab after Eid

Pakistan Peoples Party (PPP) will issue the list of candidates for the province of Punjab after Eid, said sources. The party's parliamentary board met with Asif Zardari in the chair to finalise candidates for Punjab as well for the city of Lahore. Among t
Published 16 Jun, 2018 12:00am
PITB conducts training for Hajj groups

PITB conducts training for Hajj groups

The Punjab Information Technology Board (PITB) conducted week-long training sessions for Hajj Group Organizers (HGOs) Management Information System (MIS) for Hajj 2018 across the country in collaboration with Ministry of Religious Affairs (MoRA) and Hajj
Published 16 Jun, 2018 12:00am
All resources to be utilised for free, fair polls: CM

All resources to be utilised for free, fair polls: CM

The caretaker Punjab Chief Minister Dr Hasan Askari on Friday said that caretaker setup will go to the last extent to hold free and fair elections and every sort of resources will be utilized to ensure it. He said this while talking to the newly appointed
Published 16 Jun, 2018 12:00am
Jumatul Wida observed with religious zeal, fervour

Jumatul Wida observed with religious zeal, fervour

Jumatul Wida, the last Friday of the holy month of Ramazan was observed with religious reverence and zeal amid tight security arrangements. Jumatul Wida has a special significance since it is a prelude to the departure of holy month of Ramazan and conside
Published 16 Jun, 2018 12:00am
Saad admits second marriage in nomination papers

Saad admits second marriage in nomination papers

Pakistan Muslim League-Nawaz (PML-N) senior leader Khawaja Saad Rafique had admitted his second marriage in the nomination papers submitted for general elections 2018.
Published 16 Jun, 2018 12:00am
35 N-Leaguers from NA-129 join PTI

35 N-Leaguers from NA-129 join PTI

The members of Pakistan Muslim League-Nawaz (PML-N) from NA-129 have joined the Pakistan Tehreek-e-Insaf (PTI). Thirty-five N-Leaguers met PTI Central Punjab President Abdul Aleem Khan and announced their joining, said a PTI's spokesperson here on Friday.
Published 16 Jun, 2018 12:00am
Strong political will needed for regional development: Iftikhar

Strong political will needed for regional development: Iftikhar

SAARC Chamber of Commerce and Industry Senior Vice President Iftikhar Ali Malik on Friday said a new vision and stronger political will are essential tools for the South Asian leaders to develop regional "gateways" and "hubs" to expand trade and commerce
Published 16 Jun, 2018 12:00am
Mushahid, Shahbaz discuss party's election strategy

Mushahid, Shahbaz discuss party's election strategy

Chairman Central Media Committee Pakistan Muslim League-Nawaz (PML-N), Senator Mushahid Hussain Sayed met the PML-N President Mian Shahbaz Sharif, here on Friday and discussed the party's election strategy.
Published 16 Jun, 2018 12:00am
Filings: SECP unveils 40 different forms and returns for companies

Filings: SECP unveils 40 different forms and returns for companies

The Securities and Exchange Commission of Pakistan (SECP) has issued 40 different forms and returns to be filed by corporate sector covering submission of requisite documents, annual returns, altered memorandum and articles of association and returns of t
Published 16 Jun, 2018 12:00am
SECP allows corporate sector to pay fee through online modes

SECP allows corporate sector to pay fee through online modes

The Securities and Exchange Commission of Pakistan (SECP) has allowed corporate sector to pay fee pertaining to several matters under Seventh Schedule (fee payments by companies) of the Companies Act through credit card, debit card, bank challans and othe
Published 16 Jun, 2018 12:00am
Eid holidays: emergency declared at Multan's government hospitals

Eid holidays: emergency declared at Multan's government hospitals

The district government has imposed emergency at all public hospitals in connection with Eid-ul-Fitr under which doctors and staff will remain present round the clock at hospitals. Deputy Commissioner Zahid Sohail paid a visit to Shahbaz Sharif and Fatima
Published 16 Jun, 2018 12:00am
Minister inquires after health of injured persons

Minister inquires after health of injured persons

Punjab Interim Minister for Health Dr Jawad Sajid Khan visited Jinnah Hospital to inquire after the health of four persons admitted in the hospital after receiving injuries during the cross firing of dolphin squad and the dacoit on Multan road.
Published 16 Jun, 2018 12:00am
PTI demands immediate transfer of DG IB

PTI demands immediate transfer of DG IB

Pakistan Tehreek-e-Insaf (PTI) on Friday demanded immediate transfer of director general Intelligence Bureau (IB) along with some senior members of his team, saying the incumbent official was appointed on the recommendation of outgoing IB DG Aftab Sultan.
Published 16 Jun, 2018 12:00am
Shahbaz departs for London

Shahbaz departs for London

Pakistan Muslim League-Nawaz President Mian Shahbaz Sharif will depart for London on Saturday (morning). The PML-N President will celebrate Eidul Fitr along with PML-N Quaid Mian Nawaz Sharif and his family. Shahbaz Sharif will also inquire after Begum Ka
Published 16 Jun, 2018 12:00am
China trade spat sparks sell-off in US soyabean futures

China trade spat sparks sell-off in US soyabean futures

US soyabean futures plunged 1.5 percent to a one-year low on Friday on concerns that escalations in a trade fight with China would threaten shipments to the biggest buyer of the oilseed, traders said. US President Donald Trump announced hefty tariffs on $
Published 16 Jun, 2018 12:00am
India raises import tax on crude, refined soft oils
Vegetable Oil

India raises import tax on crude, refined soft oils

India's government on Thursday raised import tax on crude and refined soyaoil, sunflower oil and canola oil to the highest level in more than a decade, as the world's biggest edible oil importer tried to support local farmers. The hike will make palm oil
Published 16 Jun, 2018 12:00am
Gold tumbles to three-week low in Europe

Gold tumbles to three-week low in Europe

Gold prices slumped to three-week lows on Friday as disappointed speculators liquidated long positions despite fresh trade skirmishes between the United States and China. Some investors had taken long positions ahead of key central bank decisions this wee
Published 16 Jun, 2018 12:00am
Gold slips in Asia

Gold slips in Asia

Gold prices slipped on Friday from a one-month high hit in the previous session as investors booked profits and the dollar strengthened, while worries over US-China trade dispute capped losses. Spot gold fell 0.3 percent to $1,298.25 per ounce at 0704 GMT
Published 16 Jun, 2018 12:00am
Gold climbs in New York

Gold climbs in New York

Gold prices rose to a one-month high on Thursday after the European Central Bank (ECB) pledged to keep interest rates steady through the summer of 2019 and investors fretted over weak Chinese data. The precious metal's upside, however, was capped by a fir
Published 16 Jun, 2018 12:00am
Tokyo rubber gains

Tokyo rubber gains

Benchmark Tokyo rubber futures snapped a two-day losing streak on Friday on the back of a weaker yen against the dollar, but posted a fourth-straight week of declines amid increasing worries over oversupply. Tokyo Commodity Exchange (TOCOM) futures, which
Published 16 Jun, 2018 12:00am
Cocoa turns higher, robusta coffee at 2-1/2 months low

Cocoa turns higher, robusta coffee at 2-1/2 months low

New York cocoa futures on ICE turned higher on Friday after chart-inspired speculative buying helped the market shed earlier losses, while raw sugar eased and robusta coffee touched a fresh 2-1/2 month low. September New York cocoa was up $55, or 2.3 perc
Published 16 Jun, 2018 12:00am
Oil slumps three percent ahead of next week's Opec meeting

Oil slumps three percent ahead of next week's Opec meeting

Oil prices fell sharply on Friday, dropping 3 percent or $2 a barrel, ahead of an Opec meeting in Vienna next week as two of the world's biggest producers, Saudi Arabia and Russia, indicated they were prepared to increase output.
Published 16 Jun, 2018 12:00am
Copper eyes biggest weekly loss since April

Copper eyes biggest weekly loss since April

Copper hit a one-week low on Friday while the dollar retained its strength, leaving the market set for its biggest weekly drop since April on concerns about slowing growth in top metals buyer China and the impact of US trade tariffs.
Published 16 Jun, 2018 12:00am
EU wheat slips to three-week low

EU wheat slips to three-week low

Euronext wheat futures fell on Friday to a three-week low, pressured by a rebound in the euro and investor concerns about trade tensions after the United States unveiled tariffs against China. Activity was limited due to the absence of many French market
Published 16 Jun, 2018 12:00am
Trump says Russia investigation 'totally discredited'

Trump says Russia investigation 'totally discredited'

US President Donald Trump stepped up his offensive Friday against Robert Mueller's investigation into Russian election meddling, declaring it "totally discredited" following the release of a watchdog report documenting failings by the FBI.
Published 16 Jun, 2018 12:00am
Trump claims he has 'largely solved' North Korea problem

Trump claims he has 'largely solved' North Korea problem

US President Donald Trump claimed Friday following his summit with Kim Jong Un that he has "largely solved" the North Korean nuclear problem. Speaking to reporters outside the White House, Trump said president Barack Obama told him before he took office t
Published 16 Jun, 2018 12:00am
Cameroon blasts Amnesty for 'crude lies' on anglophone crisis

Cameroon blasts Amnesty for 'crude lies' on anglophone crisis

Cameroon has accused Amnesty International of disseminating "crude lies" after it said security forces had committed summary killings, arrests and property destruction to try to crush a separatist insurgency. The report "is stuffed with crude lies, hasty
Published 16 Jun, 2018 12:00am
Upgrade to boost capacity of CERN's giant particle smasher

Upgrade to boost capacity of CERN's giant particle smasher

A major upgrade began Friday for the world's most powerful proton smasher to increase the number of particle collisions inside the Large Hadron Collider and help further explore the fundamental building blocks of the universe. The work involves heavy civi
Published 16 Jun, 2018 12:00am
Assad in rare appearance outside capital

Assad in rare appearance outside capital

Syrian President Bashar al-Assad attended a mosque in the country's west on Friday for prayers marking the end of Ramadan, in a rare appearance outside Damascus, images on his social media showed. "President Assad performs the Eid -ul-Fitr prayer at the S
Published 16 Jun, 2018 12:00am
Two Ukraine soldiers killed in rebel east after peace talks

Two Ukraine soldiers killed in rebel east after peace talks

Two Ukrainian soldiers died and six were wounded in a new uptick of fighting between government troops and Russian-backed rebels in the east following high-profile peace talks, the military said Friday. The latest casualties came despite efforts to revita
Published 16 Jun, 2018 12:00am
Stoltenberg, Merkel eye Nato 'unity' despite G7 bust-up

Stoltenberg, Merkel eye Nato 'unity' despite G7 bust-up

Nato chief Jens Stoltenberg and German Chancellor Angela Merkel voiced confidence Friday that a summit of alliance leaders in July will show "transatlantic unity" despite last week's acrimonious G7 meet. The Group of Seven summit gathering of top industri
Published 16 Jun, 2018 12:00am
Mattis blasts Putin for trying to 'shatter' Nato

Mattis blasts Putin for trying to 'shatter' Nato

US Defense Secretary Jim Mattis assailed Russian President Vladimir Putin on Friday, accusing him of attacking western democracy and trying to break up Nato. Mattis's remarks came just hours after President Donald Trump repeated his assertion that Russia
Published 16 Jun, 2018 12:00am
France, Italy push for migrant processing centres in Africa

France, Italy push for migrant processing centres in Africa

France and Italy on Friday called on the European Union to set up asylum processing centres in Africa to prevent "voyages of death" by migrants across the Mediterranean, in a crisis that has divided Europe. At a meeting in Paris President Emmanuel Macron
Published 16 Jun, 2018 12:00am
Japan to bring in more foreign labour as workforce shrinks

Japan to bring in more foreign labour as workforce shrinks

Japan announced Friday plans to ease immigration restrictions and bring in more foreign workers to tackle a serious labour shortage caused by the country's ageing, shrinking population. The government has proposed a new visa status that would allow more o
Published 16 Jun, 2018 12:00am
Hawking's voice beamed into space during London burial

Hawking's voice beamed into space during London burial

A message from late British astrophysics giant Stephen Hawking was beamed towards the nearest black hole on Friday as his remains were laid to rest in London's Westminster Abbey. With celebrities and science enthusiasts from around the world in attendance
Published 16 Jun, 2018 12:00am
Uruguay strike late to beat Egypt as Salah sits out match

Uruguay strike late to beat Egypt as Salah sits out match

Jose Gimenez was the unlikely 89th-minute match winner as Uruguay defeated an Egypt side shorn of star man Mohamed Salah 1-0 in their World Cup opener on Friday. Uruguay's deserved last-gasp victory leaves them and Russia in early control in Group A after
Published 16 Jun, 2018 12:00am
Fake Nigeria World Cup jerseys fly off the shelves

Fake Nigeria World Cup jerseys fly off the shelves

In Nigeria's commercial hub, Lagos, the question isn't whether you're going to buy the neon green and white zig-zag jersey of the national football team, it's how much you want to pay. It seems there's a replica top to suit all pockets in the bustling mar
Published 16 Jun, 2018 12:00am
Iran bans public screenings

Iran bans public screenings

Authorities in Tehran cancelled plans to allow families to watch Iran's World Cup football opener against Morocco on Friday in the stadium and public parks of the Islamic republic's capital.
Published 16 Jun, 2018 12:00am
FIFA probes empty seats at World Cup match in Yekaterinburg

FIFA probes empty seats at World Cup match in Yekaterinburg

FIFA is investigating why Egypt and Uruguay were playing in front of thousands of empty seats at their World Cup match in Yekaterinburg on Friday. There were rows of empty orange seats at the freshly rebuilt arena in the industrial city, situated in the U
Published 16 Jun, 2018 12:00am
Boris Becker claims diplomatic immunity in bankruptcy case

Boris Becker claims diplomatic immunity in bankruptcy case

Three-time Wimbledon champion Boris Becker is claiming diplomatic immunity from bankruptcy proceedings in Britain as an ambassador for the Central African Republic, he said Friday in a statement issued by his lawyers. Lawyers for the 50-year-old tennis pl
Published 16 Jun, 2018 12:00am
Federer into Stuttgart semis

Federer into Stuttgart semis

Roger Federer edged closer to displacing Rafael Nadal at the top of the world rankings as he hammered Guido Pella 6-4, 6-4 on Friday at the Stuttgart Cup. The Swiss top seed needs to win one more match against either Australian fourth seed Nick Kyrgios or
Published 16 Jun, 2018 12:00am
Saudi Arabia to hold players 'accountable' for World Cup drubbing

Saudi Arabia to hold players 'accountable' for World Cup drubbing

Saudi Arabia's sports authorities threatened Friday to hold members of the national football team "accountable" after their crushing defeat against hosts Russia in the opening match of the World Cup. Russia defied expectations as the lowest-ranked side in
Published 16 Jun, 2018 12:00am
Murali, Jayawardene snub desperate Sri Lanka selectors

Murali, Jayawardene snub desperate Sri Lanka selectors

Sri Lankan cricket legends Mahela Jayawardene and Muttiah Muralitharan have rejected a request to provide consultancy services to the struggling national team, saying they had no "trust in the system". National selectors made a formal request Thursday to
Published 16 Jun, 2018 12:00am
Afghanistan thrashed by India on Test debut

Afghanistan thrashed by India on Test debut

Afghanistan's fairytale entry into Test cricket ended in a bruising defeat inside two days by world number one team India on Friday. India bowled out Afghanistan twice in a day as they completed a crushing innings and 262 runs win over the outclassed debu
Published 16 Jun, 2018 12:00am
Ton-up Chandimal holds Sri Lanka together against West Indies

Ton-up Chandimal holds Sri Lanka together against West Indies

Dinesh Chandimal's battling, unbeaten hundred defied a West Indies attack spearheaded by Shannon Gabriel as Sri Lanka were lifted by their captain to a first innings total of 253 on the opening day of the second Test at the Darren Sammy Stadium in St Luci
Published 16 Jun, 2018 12:00am
Sterling hovers nears seven-month lows

Sterling hovers nears seven-month lows

The pound steadied Friday above its lowest level since November, after strong US retail sales and a more hawkish Federal Reserve earlier this week boosted the dollar and underlined policy divergence between the countries. Against the euro, the pound fell
Published 16 Jun, 2018 12:00am
Aussie, kiwi struggle as Fed outlook, trade war fears take toll

Aussie, kiwi struggle as Fed outlook, trade war fears take toll

The Australian dollar hit a one-month low on Friday while its New Zealand cousin was also downbeat as investors favoured the greenback over most major currencies amid diverging monetary policy outlooks and fears of a global trade war.
Published 16 Jun, 2018 12:00am
Yuan nears two-week low

Yuan nears two-week low

China's yuan fell to a near two-week low against the firming dollar on Friday after the central bank fixed the official midpoint at the lowest in five months, but losses were capped by rising corporate dollar selling. The yuan was also on course for a los
Published 16 Jun, 2018 12:00am
Asian currencies dip
Currency

Asian currencies dip

Asian currencies fell on Friday as the dollar strengthened after a cautious European Central Bank signalled that any interest rate hike is still distant. Except for Thailand, Southeast Asian financial markets were closed on Friday for public holidays. On
Published 16 Jun, 2018 12:00am
Canadian dollar eases
Currency

Canadian dollar eases

The Canadian dollar weakened to a nearly three-month low against its US counterpart on Thursday as the greenback climbed broadly and Italy added to Canada's uncertain trade outlook. At 4 p.m. EDT (2000 GMT), the Canadian dollar was trading 0.8 percent low
Published 16 Jun, 2018 12:00am
Euro falls most since Brexit in New York
Currency

Euro falls most since Brexit in New York

The euro on Thursday suffered its worst day against the dollar since the UK's Brexit vote nearly two years ago after the European Central Bank unexpectedly indicated that it planned to keep interest rates at record lows into the summer of 2019.
Published 16 Jun, 2018 12:00am
Early trade in New York: dollar slips against yen

Early trade in New York: dollar slips against yen

The US dollar slipped against the Japanese yen on Friday, as President Donald Trump announced hefty tariffs on $50 billion of Chinese imports and Beijing threatened to respond in kind, raising tensions between the world's two largest economies.
Published 16 Jun, 2018 12:00am
Euro bounces in Europe after ECB holds off on rate hikes
Currency

Euro bounces in Europe after ECB holds off on rate hikes

The euro bounced on Friday after suffering its worst day in nearly two years when the European Central Bank signalled it would keep interest rates at record lows into the summer of 2019. By that time the US Federal Reserve is expected to have raised rates
Published 16 Jun, 2018 12:00am
Euro on track for worst week in 19 months in Asia
Currency

Euro on track for worst week in 19 months in Asia

The euro on Friday was headed for its worst weekly loss in 19 months after a cautious European Central Bank signalled it will keep interest rates at record lows well into next year. Following a closely-watched meeting on Thursday, the ECB said it will end
Published 16 Jun, 2018 12:00am
Cryptocurrency exchange strikes UK bank account deal
Currency

Cryptocurrency exchange strikes UK bank account deal

A cryptocurrency exchange in the UK has struck a rare deal to open a bank account with British start-up ClearBank, said two people familiar with the matter, allowing domestic customers to trade digital currencies without moving their money overseas. Mains
Published 16 Jun, 2018 12:00am
UK stocks eye strongest gains in a month, Rolls Royce soars

UK stocks eye strongest gains in a month, Rolls Royce soars

Rolls-Royce was the bright spot on a falling FTSE 100 on Friday as energy and banking stocks tumbled, while Britain's major share index remained on track for a strong week thanks to a dovish ECB. The FTSE 100 was down 0.5 percent by 0840 GMT, but set for
Published 16 Jun, 2018 12:00am
Australian shares up; New Zealand at record

Australian shares up; New Zealand at record

Banks led Australian shares to a higher finish on Friday, as a mixed policy outlook from the European Central Bank and the US dollar's resulting strength sent equities on a roll. The ECB signalled on Thursday it would keep interest rates at record lows we
Published 16 Jun, 2018 12:00am
Indian shares up

Indian shares up

Indian shares posted their fourth consecutive weekly gain on Friday, as Infosys Ltd and Tata Consultancy Services Ltd marked fresh record peaks, while pharmaceutical stocks such as Dr. Reddy's Laboratories Ltd rallied on the back of US regulatory approval
Published 16 Jun, 2018 12:00am
Dovish ECB sets European shares up for best week since early March

Dovish ECB sets European shares up for best week since early March

European shares were set for their best week in more than three months on Friday, after Thursday's European Central Bank meeting led investors to push back expectations for an interest rate increase, weakening the euro and helping shares of exporters. The
Published 16 Jun, 2018 12:00am
BlackRock ETF gives Turkish equities biggest boost in seven years

BlackRock ETF gives Turkish equities biggest boost in seven years

Turkish equities recorded their biggest inflows in seven years over the past week, according to data from EPFR, with most of the inflows attributable to a BlackRock exchange-traded fund (ETF). The net asset value of BlackRock's iShares MSCI Turkey UCITS E
Published 16 Jun, 2018 12:00am
Shanghai stocks plumb 20-month low

Shanghai stocks plumb 20-month low

Shanghai stocks plumbed a 20-month low on Friday as investors worried rising trade tensions with the United States could add pressure to the country's economic growth. The blue-chip CSI300 index fell 0.5 percent to 3,753.43, the Shanghai Composite Index h
Published 16 Jun, 2018 12:00am
Treasury yields fall

Treasury yields fall

US Treasury yields fell on Thursday after the European Central Bank signalled it will hold rates low for longer than many investors expected. The ECB decided to end its 2.55 trillion euro ($3.02 trillion) bond-purchase program at the close of the year and
Published 16 Jun, 2018 12:00am
Treasury yields fall

Treasury yields fall

US Treasury yields fell on Thursday after the European Central Bank signalled it will hold rates low for longer than many investors expected. The ECB decided to end its 2.55 trillion euro ($3.02 trillion) bond-purchase program at the close of the year and
Published 16 Jun, 2018 12:00am
Hong Kong stocks post biggest weekly drop in 2-1/2 months

Hong Kong stocks post biggest weekly drop in 2-1/2 months

Hong Kong stocks fell on Friday and posted their biggest weekly drop in two-and-a-half months as Washington looked set to unveil a tariff list targeting $50 billion Chinese goods, and Beijing vowed to retaliate, putting investors on edge. The Hang Seng in
Published 16 Jun, 2018 12:00am
Nasdaq hits new closing high, S&P 500 gains

Nasdaq hits new closing high, S&P 500 gains

The S&P 500 edged up and the Nasdaq reached another record closing high on Thursday after the European Central Bank said it would avoid raising interest rates until mid-2019, and data showed US economic strength. The strong US retail sales numbers came a
Published 16 Jun, 2018 12:00am
Tokyo stocks higher on weak yen

Tokyo stocks higher on weak yen

Tokyo stocks rose moderately on Friday, helped by Wall Street rallies and a cheaper yen against the dollar. The benchmark Nikkei 225 index gained 0.50 percent or 113.14 points to close at 22,851.75, logging a weekly gain of 0.69 percent. The broader Topix
Published 16 Jun, 2018 12:00am
Italy's government bonds set for best week since September 2012
Currency

Italy's government bonds set for best week since September 2012

Italian government bonds were on Friday headed for their best week since September 2012, boosted by a benign European Central Bank announcement on interest rates and this week's positive comments on the euro from Italy's anti-establishment government.
Published 16 Jun, 2018 12:00am
Italy's government bonds set for best week since September 2012
Currency

Italy's government bonds set for best week since September 2012

Italian government bonds were on Friday headed for their best week since September 2012, boosted by a benign European Central Bank announcement on interest rates and this week's positive comments on the euro from Italy's anti-establishment government.
Published 16 Jun, 2018 12:00am
China's home prices rise at fastest pace in nearly a year

China's home prices rise at fastest pace in nearly a year

China's home prices in May logged their fastest growth in nearly a year, suggesting buyers are targeting smaller cities even as the government steps up measures to clamp down on speculation. Average new home prices in China's 70 major cities rose 0.7 perc
Published 16 Jun, 2018 12:00am
Eurozone inflation confirmed at 1.9 percent, labour costs surge

Eurozone inflation confirmed at 1.9 percent, labour costs surge

Eurozone consumer prices rose by 1.9 percent in May, pumped up by higher costs of energy, food and services, data showed on Friday, while labour costs rose at their sharpest rate for five years in the first quarter of 2018.
Published 16 Jun, 2018 12:00am
Argentina peso strengthens after central bank shake-up
Currency

Argentina peso strengthens after central bank shake-up

Argentina's peso strengthened more than 2 percent on Friday after the resignation of former Central Bank President Federico Sturzenegger, who was replaced late on Thursday by former Finance Minister Luis Caputo. The surprise shakeup, which followed severa
Published 16 Jun, 2018 12:00am
New Zealand to tax tourists as influx grows

New Zealand to tax tourists as influx grows

Tourists to New Zealand are to be charged a special tax, under new government plans announced Friday to deal with the growing influx of holidaymakers coming from overseas.
Published 16 Jun, 2018 12:00am
New Zealand to tax tourists as influx grows

New Zealand to tax tourists as influx grows

Tourists to New Zealand are to be charged a special tax, under new government plans announced Friday to deal with the growing influx of holidaymakers coming from overseas.
Published 16 Jun, 2018 12:00am
Canada home resales fall in May, lowest in over five years

Canada home resales fall in May, lowest in over five years

Resales of Canadian homes fell 0.1 percent in May from April to the lowest level in more than five years, the Canadian Real Estate Association said on Friday. The industry group said actual sales, not seasonally adjusted, fell 16.2 percent from a year ear
Published 16 Jun, 2018 12:00am
Foreign investment in Canadian securities hits five-month high

Foreign investment in Canadian securities hits five-month high

Foreign investment in Canadian securities hit a five-month high in April as non-residents targeted the bond market after four straight months of divestment, Statistics Canada said on Friday. Outsiders bought a net C$9.13 billion ($6.97 billion) of securit
Published 16 Jun, 2018 12:00am
US industrial output slips

US industrial output slips

A sharp decline in manufacturing especially of autos caused total US industrial output in May to dip for the first time since the start of the year, the Federal Reserve reported Friday. A fire at a plant producing truck parts was blamed for most of the dr
Published 16 Jun, 2018 12:00am
Thailand to buy Airbus satellite as junta chief visits France

Thailand to buy Airbus satellite as junta chief visits France

Thailand's junta chief will secure the purchase of a $215 million observation satellite from Airbus during his trip to France this month, a diplomatic source said Friday, as Europe re-engages with the kingdom following a chill in relations after a 2014 co
Published 16 Jun, 2018 12:00am
Venezuela eyes first-ever refining of foreign oil

Venezuela eyes first-ever refining of foreign oil

Venezuela is considering producing fuels from foreign crude oil for the first time, according to planning documents seen by Reuters, as the country struggles to meet its obligations despite having the world's largest crude reserves.
Published 16 Jun, 2018 12:00am
BHP approves US$2.9 billion Australian iron ore mine

BHP approves US$2.9 billion Australian iron ore mine

Mining giant BHP on Friday approved a new US$2.9 billion mine in resource-rich northwestern Australia as the country's top iron ore producers race to meet Chinese demand for higher-quality metals.
Published 16 Jun, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 16 Jun, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 16 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 16 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 16 Jun, 2018 12:00am
The Weather

The Weather

The weather report on Friday (June 15, 2018) and the forecast for Saturday (June 16, 2018).

Published 16 Jun, 2018 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (June 11 to 14, 2018).

Published 16 Jun, 2018 12:00am
Eid-ul-Fitr today

Eid-ul-Fitr today

Eid-ul-Fitr marking the culmination of the holy month of Ramazan is being celebrated throughout the country, including Azad Kashmir and Gilgit-Baltistan on Saturday (today) with great religious fervour and festivity. The faithful will offer Eid prayers at
Published 16 Jun, 2018 12:00am
Eid-ul-Fitr today

Eid-ul-Fitr today

Eid-ul-Fitr marking the culmination of the holy month of Ramazan is being celebrated throughout the country, including Azad Kashmir and Gilgit-Baltistan on Saturday (today) with great religious fervour and festivity. The faithful will offer Eid prayers at
Published 16 Jun, 2018 12:00am
Holiday notice

Holiday notice

The offices of Business Recorder will remain closed today, Saturday (June 16) and tomorrow, Sunday (June 17) on account of EID UL FITR. There will, therefore, be no issue of the newspaper and internet editon on Sunday and Monday (June 17 & 18).
Published 16 Jun, 2018 12:00am
Holiday notice

Holiday notice

The offices of Business Recorder will remain closed today, Saturday (June 16) and tomorrow, Sunday (June 17) on account of EID UL FITR. There will, therefore, be no issue of the newspaper and internet editon on Sunday and Monday (June 17 & 18).
Published 16 Jun, 2018 12:00am
Eligible textile exporters: Banks asked to pay duty drawbacks

Eligible textile exporters: Banks asked to pay duty drawbacks

The State Bank of Pakistan (SBP) has asked banks for implementation on the procedure, issued by Ministry of Commerce and Textile, for payment of claims of duty drawback of taxes on export of textile products. The scheme was announced by the federal govern
Published 16 Jun, 2018 12:00am
Eligible textile exporters: Banks asked to pay duty drawbacks

Eligible textile exporters: Banks asked to pay duty drawbacks

The State Bank of Pakistan (SBP) has asked banks for implementation on the procedure, issued by Ministry of Commerce and Textile, for payment of claims of duty drawback of taxes on export of textile products. The scheme was announced by the federal govern
Published 16 Jun, 2018 12:00am
Eligible textile exporters: Banks asked to pay duty drawbacks

Eligible textile exporters: Banks asked to pay duty drawbacks

The State Bank of Pakistan (SBP) has asked banks for implementation on the procedure, issued by Ministry of Commerce and Textile, for payment of claims of duty drawback of taxes on export of textile products. The scheme was announced by the federal govern
Published 16 Jun, 2018 12:00am
Eligible textile exporters: Banks asked to pay duty drawbacks

Eligible textile exporters: Banks asked to pay duty drawbacks

The State Bank of Pakistan (SBP) has asked banks for implementation on the procedure, issued by Ministry of Commerce and Textile, for payment of claims of duty drawback of taxes on export of textile products. The scheme was announced by the federal govern
Published 16 Jun, 2018 12:00am
Kulsoom still on life support: Hasan

Kulsoom still on life support: Hasan

Former prime minister Nawaz Sharif's son, Hasan, on Friday said his mother Begum Kulsoom's vitals are stable but she is still on life support - 24 hours after she suffered a cardiac arrest. "Begum Kulsoom's vitals are stable but she is still on life suppo
Published 16 Jun, 2018 12:00am
Kulsoom still on life support: Hasan

Kulsoom still on life support: Hasan

Former prime minister Nawaz Sharif's son, Hasan, on Friday said his mother Begum Kulsoom's vitals are stable but she is still on life support - 24 hours after she suffered a cardiac arrest. "Begum Kulsoom's vitals are stable but she is still on life suppo
Published 16 Jun, 2018 12:00am
Bahria Foundation set to build RLNG terminal at Sonmiani

Bahria Foundation set to build RLNG terminal at Sonmiani

Bahria Foundation is all set to construct Re-gasified Liquefied Natural Gas (RLNG) terminal at Sonmiani, to be connected through Hub-Nawabshah gas pipeline project, without any public funding, well-informed sources told Business Recorder.
Published 16 Jun, 2018 12:00am
Bahria Foundation set to build RLNG terminal at Sonmiani

Bahria Foundation set to build RLNG terminal at Sonmiani

Bahria Foundation is all set to construct Re-gasified Liquefied Natural Gas (RLNG) terminal at Sonmiani, to be connected through Hub-Nawabshah gas pipeline project, without any public funding, well-informed sources told Business Recorder.
Published 16 Jun, 2018 12:00am
Bahria Foundation set to build RLNG terminal at Sonmiani

Bahria Foundation set to build RLNG terminal at Sonmiani

Bahria Foundation is all set to construct Re-gasified Liquefied Natural Gas (RLNG) terminal at Sonmiani, to be connected through Hub-Nawabshah gas pipeline project, without any public funding, well-informed sources told Business Recorder.
Published 16 Jun, 2018 12:00am
Trump sets $50 billion in China tariffs

Trump sets $50 billion in China tariffs

US President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world's two largest economies. Trump, whose hardline stance
Published 16 Jun, 2018 12:00am
Trump sets $50 billion in China tariffs

Trump sets $50 billion in China tariffs

US President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world's two largest economies. Trump, whose hardline stance
Published 16 Jun, 2018 12:00am
Trump sets $50 billion in China tariffs

Trump sets $50 billion in China tariffs

US President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world''s two largest economies. Trump, whose hardline stance
Published 16 Jun, 2018 12:00am
Afghan official confirms US drone kills Mullah Fazlullah

Afghan official confirms US drone kills Mullah Fazlullah

A US drone strike in northeastern Kunar province killed Pakistan Taliban chief Mullah Fazlullah, the insurgent leader who ordered the assassination of Nobel Peace Prize winner Malala Yousafzai, an Afghan Defence Ministry spokesman said Friday. In a teleph
Published 16 Jun, 2018 12:00am
Afghan official confirms US drone kills Mullah Fazlullah

Afghan official confirms US drone kills Mullah Fazlullah

A US drone strike in northeastern Kunar province killed Pakistan Taliban chief Mullah Fazlullah, the insurgent leader who ordered the assassination of Nobel Peace Prize winner Malala Yousafzai, an Afghan Defence Ministry spokesman said Friday. In a teleph
Published 16 Jun, 2018 12:00am
MoF set to underwrite MTOPP tariff differential

MoF set to underwrite MTOPP tariff differential

Ministry of Finance is said to underwrite tariff differential of Machike-Taru Jabba Oil Pipeline Project (MTOPP) to be undertaken by the Inter State Gas Systems (Private) Limited (ISGS), well informed sources in Petroleum Division told Business Recorde
Published 16 Jun, 2018 12:00am
MoF set to underwrite MTOPP tariff differential

MoF set to underwrite MTOPP tariff differential

Ministry of Finance is said to underwrite tariff differential of Machike-Taru Jabba Oil Pipeline Project (MTOPP) to be undertaken by the Inter State Gas Systems (Private) Limited (ISGS), well informed sources in Petroleum Division told Business Recorde
Published 16 Jun, 2018 12:00am
MoF set to underwrite MTOPP tariff differential

MoF set to underwrite MTOPP tariff differential

Ministry of Finance is said to underwrite tariff differential of Machike-Taru Jabba Oil Pipeline Project (MTOPP) to be undertaken by the Inter State Gas Systems (Private) Limited (ISGS), well informed sources in Petroleum Division told Business Recorde
Published 16 Jun, 2018 12:00am
SoftBank plans $60-100 billion investment in solar in India: report

SoftBank plans $60-100 billion investment in solar in India: report

Japan's SoftBank is planning to invest between $60-100 billion in a solar power project in India, a Japanese report said Friday, as the firm looks to expand its interests into various sectors. The report by public broadcaster NHK comes after SoftBank anno
Published 16 Jun, 2018 12:00am
Former Trump campaign chief sent to jail after bail revoked

Former Trump campaign chief sent to jail after bail revoked

A US federal judge sent Paul Manafort, President Donald Trump's former campaign manager, to jail on Friday ahead of his trial on money laundering, tax and bank fraud charges. Judge Amy Berman Jackson revoked Manafort's bail over claims he was tampering wi
Published 16 Jun, 2018 12:00am
HuffPost journalist and colleagues receive online threats

HuffPost journalist and colleagues receive online threats

At least 11 journalists at HuffPost, their families and others were harassed and threatened online in late May and early June 2018, Lydia Polgreen, editor in chief at HuffPost, told CPJ. The harassment came after the outlet published a piece written by re
Published 16 Jun, 2018 12:00am
Czech billionaire PM forms coalition with Social Democrats

Czech billionaire PM forms coalition with Social Democrats

Czech billionaire Prime Minister Andrej Babis on Friday clinched a minority coalition deal with the leftwing Social Democrats (CSSD), but will still have to rely on the informal backing of the communist party to win a confidence vote in parliament. Social
Published 16 Jun, 2018 12:00am
Thousands throng funeral of slain IHK editor

Thousands throng funeral of slain IHK editor

Thousands of mourners thronged Friday the funeral of a veteran journalist shot dead by unidentified gunmen on a motorbike outside his office in the main city of Indian held Kashmir. Shujaat Bukhari, a leading journalist and editor of the English-language
Published 16 Jun, 2018 12:00am
Thousands throng funeral of slain IHK editor

Thousands throng funeral of slain IHK editor

Thousands of mourners thronged Friday the funeral of a veteran journalist shot dead by unidentified gunmen on a motorbike outside his office in the main city of Indian held Kashmir. Shujaat Bukhari, a leading journalist and editor of the English-language
Published 16 Jun, 2018 12:00am
Arab forces seize entrance to airport in Yemen's main port city

Arab forces seize entrance to airport in Yemen's main port city

Forces from an alliance of Arab states seized the entrance to the airport in Yemen's main port city on Friday, in an offensive against the Iran-aligned Houthi movement that the United Nations fears could trigger a famine imperilling millions of lives. The
Published 16 Jun, 2018 12:00am
Arab forces seize entrance to airport in Yemen's main port city

Arab forces seize entrance to airport in Yemen's main port city

Forces from an alliance of Arab states seized the entrance to the airport in Yemen's main port city on Friday, in an offensive against the Iran-aligned Houthi movement that the United Nations fears could trigger a famine imperilling millions of lives. The
Published 16 Jun, 2018 12:00am
EU clears Comcast bid for Sky in takeover tussle with Murdoch

EU clears Comcast bid for Sky in takeover tussle with Murdoch

The EU on Friday cleared US cable giant Comcast's bid for pan-European TV group Sky, paving the way for an epic multi-billion-dollar takeover tussle with Rupert Murdoch's 21st Century Fox. Brussels said it had "no competition concerns" over Comcast's £22-
Published 16 Jun, 2018 12:00am
EU clears Comcast bid for Sky in takeover tussle with Murdoch

EU clears Comcast bid for Sky in takeover tussle with Murdoch

The EU on Friday cleared US cable giant Comcast's bid for pan-European TV group Sky, paving the way for an epic multi-billion-dollar takeover tussle with Rupert Murdoch's 21st Century Fox. Brussels said it had "no competition concerns" over Comcast's £22-
Published 16 Jun, 2018 12:00am
CoAS prays for recuperation of Kulsoom Nawaz

CoAS prays for recuperation of Kulsoom Nawaz

Army Chief General Qamar Javed Bajwa has prayed for early recovery of Begum Kulsoom Nawaz. In a message to former Prime Minister Nawaz Sharif and his family, the Army Chief expressed good wishes for Begum Kulsoom Nawaz. The leaders of PML-Q Chaudhry Shuja
Published 16 Jun, 2018 12:00am
CoAS prays for recuperation of Kulsoom Nawaz

CoAS prays for recuperation of Kulsoom Nawaz

Army Chief General Qamar Javed Bajwa has prayed for early recovery of Begum Kulsoom Nawaz. In a message to former Prime Minister Nawaz Sharif and his family, the Army Chief expressed good wishes for Begum Kulsoom Nawaz. The leaders of PML-Q Chaudhry Shuja
Published 16 Jun, 2018 12:00am
Trump-Kim summit: China is the winner

Trump-Kim summit: China is the winner

There is no doubt about the fact that the dust has finally settled on the Donald Trump-Kim Jong-un historic summit. There is, therefore, no harm in making an attempt to figure out what was ultimately achieved. There is also no doubt about the fact that th
Published 16 Jun, 2018 12:00am
An unsavoury episode

An unsavoury episode

The manner in which Zulfiqar Hussain Bukhari, a friend of PTI Chairman Imran Khan, was allowed to leave the country for performing Umra has generated a raging controversy. Understandably so, given that it involved violation of the core democratic principl
Published 16 Jun, 2018 12:00am
Country's power predicament

Country's power predicament

The summer of 2018 is not much different from that of 2013 with a bit of change in demography. Lahore fared better in load shedding whereas Karachi suffered much from load shedding.
Published 16 Jun, 2018 12:00am
Budgeting democracy

Budgeting democracy

Unlimited resources need a budget not. Conventional wisdom understands budgeting as a process for curtailing expenditure to match available limited resources. And for most rational persons, including artificial persons, available resources are exclusive o
Published 16 Jun, 2018 12:00am
Reforms needed to create a clean, honest political system

Reforms needed to create a clean, honest political system

The real authority to command respect of people and society is moral authority. History tells us that people did not have temporal power but they ruled the hearts and minds of people because of the strength of their character. Such characters are also amo
Published 16 Jun, 2018 12:00am
AHSAN RAZA (LAHORE)

AHSAN RAZA (LAHORE)

The Supreme Court has made it clear that it was not the apex court but the government of the day that allowed former president and army chief General Pervez Musharraf (retd) to leave the country on medical ground. According to the apex court, the decision
Published 16 Jun, 2018 12:00am
191 candidates vie for Mardan district's 3 NA, 8 PA seats

191 candidates vie for Mardan district's 3 NA, 8 PA seats

A total of 191 candidates belonging to various political, religious parties and independents have submitted their nomination papers for 3 National Assembly (NA) and 8 provincial assembly (PA) seats in Mardan district. Former chief minister Ameer Haider Ho
Published 16 Jun, 2018 12:00am
KP food watchdog slaps Rs 1 million fines on bakeries

KP food watchdog slaps Rs 1 million fines on bakeries

Khyber-Pakhtunkhwa Food Authority in a crackdown imposed heavy fines and discarded bulk of adulterated food items in a number of operations carried out across the province. In a press statement issued here, the KP Food Authority said that about Rs 1 milli
Published 16 Jun, 2018 12:00am
'Kumrat' cultural festival commence on June 22

'Kumrat' cultural festival commence on June 22

Brisk arrangements were continued for organizing three-day Kumrat Summer Sports and Cultural Festival at scenic Kumrat Valley that will commence from June 22. According to Deputy Commissioner (DC) Dir Upper District Irfan Mehsud, all possible facilities w
Published 16 Jun, 2018 12:00am
Eidul Fitr observed in parts of KP

Eidul Fitr observed in parts of KP

Partial Eid-ul-Fitr observed in Khyber Pakhtunkhwa as unofficial Ruet-e-Hilal Committee of the Masjid Qasim Ali Khan announced the religious festival. The management of the mosque had stated to have received more than 40 witnesses about the sighting of mo
Published 16 Jun, 2018 12:00am
KP CM felicitates nation on Eid

KP CM felicitates nation on Eid

Caretaker Chief Minister Khyber Pakhtunkhwa former justice Dost Muhammad Khan has felicitated the nation on the occasion of Eid-ul-Fitr adding that Eid is occasion that create the spirit of collectiveness and togetherness amongst the Muslim Umma. "Today w
Published 16 Jun, 2018 12:00am
Strict security steps taken at Lahore Zoological Garden

Strict security steps taken at Lahore Zoological Garden

The Punjab Wildlife & Parks Department has taken strict security measures at the Lahore Zoological Garden and Lahore Safari Zoo to ensure protection of visitors during Eid holidays. Besides deputing 80 security personnel at the Lahore Gardens and 50 at th
Published 16 Jun, 2018 12:00am
LSM dominates KP manufacturing sector with 7 percent contribution to GDP

LSM dominates KP manufacturing sector with 7 percent contribution to GDP

Large Scale Manufacturing (LSM) is dominating the manufacturing sector of Khyber Pakhtunkhwa by contributing 7 percent to Gross Domestic Product (GDP) during 2016-17, said the latest KP Economic Review released recently. Manufacturing is considered as bac
Published 16 Jun, 2018 12:00am
Eidul Fitr prayers held in Paris

Eidul Fitr prayers held in Paris

Ambassador of Pakistan to France Moin ul Haque offered Eid-ul-Fitr prayers with members of Pakistani community in the Embassy of Pakistan in Paris. Special arrangements were made by the Embassy to facilitate the community members to offer Eid prayers alon
Published 16 Jun, 2018 12:00am
Asma Alamgir to face Noor Alam in NA-27

Asma Alamgir to face Noor Alam in NA-27

Asma Alamgir, the wife of the former federal minister Arbab Alamgir Khan is facing Noor Alam Khan of PTI, Haji Ghulam Ali of JUI-F and Shafie Akbar of ANP in election for National Assembly Constituency NA-27. The PML-N is in search of suitable candidate a
Published 16 Jun, 2018 12:00am
Eidul Fitr prayers timings for Karachiites

Eidul Fitr prayers timings for Karachiites

Following is the schedule of Eidul Fitr prayers to be held in different mosques, Imambargahs, Eidgah grounds and Parks, etc., in the metropolis on Saturday. For Ahl-e-Sunnat school of thought:
Published 16 Jun, 2018 12:00am
New CS meets Sindh governor

New CS meets Sindh governor

The newly appointed Chief Secretary Sindh Azam Suliman here Friday called on Governor Sindh, Muhammad Zubair at Governor House. The overall law and order situation of province, on-going electoral process and other issues of mutual interest came under disc
Published 16 Jun, 2018 12:00am
'WB's $100 million Sindh Solar Energy Project to cut carbon footprint'

'WB's $100 million Sindh Solar Energy Project to cut carbon footprint'

The World Bank (WB) is committing over half a billion dollars through two projects to support renewable energy in Sindh and expand economic activity between Pakistan and Afghanistan through the development of an economic corridor along the Khyber Pass.
Published 16 Jun, 2018 12:00am
'WB's $100 million Sindh Solar Energy Project to cut carbon footprint'

'WB's $100 million Sindh Solar Energy Project to cut carbon footprint'

The World Bank (WB) is committing over half a billion dollars through two projects to support renewable energy in Sindh and expand economic activity between Pakistan and Afghanistan through the development of an economic corridor along the Khyber Pass.
Published 16 Jun, 2018 12:00am
Security beefed-up in Islamabad

Security beefed-up in Islamabad

The Islamabad Capital Territory (ICT) Police, under a comprehensive plan, have further tightened security across the Federal Capital to avoid any untoward incident by deploying additional personnel at mosques and Imambargahs for Eid-ul-Fitr prayers.
Published 16 Jun, 2018 12:00am
Askari prays for recovery of Kalsoom Nawaz

Askari prays for recovery of Kalsoom Nawaz

Caretaker Punjab Chief Minister Dr Hasan Askari has prayed for early recovery of Begum Kalsoom Nawaz and expressed the good wishes that may Almighty Allah grant good health to her adding that we are praying for early recovery of Begum Kalsoom Nawaz.
Published 16 Jun, 2018 12:00am
Scrutiny of nomination papers to conculde on June 19

Scrutiny of nomination papers to conculde on June 19

The process of scrutiny of nomination papers filed by candidates for upcoming general elections is continuing. According to the Election Commission, a total of 21,482 nomination papers have been filed across the country for general elections.
Published 16 Jun, 2018 12:00am
Ayaz Sadiq felicitates nation on Eidul Fitr

Ayaz Sadiq felicitates nation on Eidul Fitr

Sardar Ayaz Sadiq, former Speaker National Assembly has extended his warm greetings to Muslim Ummah and the fellow countrymen on the auspicious occasion of Eid-ul-Fitr.
Published 16 Jun, 2018 12:00am
Talks with Nisar failed: Saad

Talks with Nisar failed: Saad

Pakistan Muslim League-Nawaz (PML-N) leader Khawaja Saad Rafique on Friday stated that reconciliatory efforts with Chaudhry Nisar Ali Khan were making progress before, they failed. Rafique took to twitter today and expressed regret at the failure of recon
Published 16 Jun, 2018 12:00am
Pre-monsoon rain likely during Eid holidays

Pre-monsoon rain likely during Eid holidays

The Met Office has forecast a pre-monsoon rain during Eid holidays mostly in upcountry from Saturday (today) until Monday. A pre-monsoon rain is likely to begin from Saturday in Pakistan.
Published 16 Jun, 2018 12:00am
LCCI chief slams raise in POL prices

LCCI chief slams raise in POL prices

President of Lasbela Chamber of Commerce and Industry (LCCI), Yakoob Karim has demanded of the government to revert this unjust and massive raise in POL prices. While condemning the unjust increase in petroleum prices, he said that caretaker government ha
Published 16 Jun, 2018 12:00am
KP governor congratulates nation on Eid

KP governor congratulates nation on Eid

Governor Khyber Pakhtunkhwa Engr Iqbla Zafar Jhagra has congratulated the countrymen in general and the people of Khyber Pakhtunkhwa in particular and appealed them to maintain unity in their ranks; uphold the spirit of brotherhood; be fully conscious to
Published 16 Jun, 2018 12:00am
Zardari felicitates nation on Eid

Zardari felicitates nation on Eid

"On the auspicious occasion of Eid-ul Fitr I wish to greet the Muslims throughout the world and of Pakistan in particular and also pray that the blessings of Ramazan remain with all of us always." In his message on the eve of Eidul Fitr former President A
Published 16 Jun, 2018 12:00am
Durrani, Kaleem Imam meet caretaker CM

Durrani, Kaleem Imam meet caretaker CM

Punjab Chief Secretary Akbar Durrani and Inspector General of Police (IGP) Kaleem Imam called on caretaker Punjab Chief Minister Dr Hasan Askari here at the Chief Minister's Office on Friday. During the meeting, the commitment of holding free and fair ele
Published 16 Jun, 2018 12:00am
Eid to be celebrated amid tight security in Faisalabad

Eid to be celebrated amid tight security in Faisalabad

Eidul Fitr will be celebrated amid tight security arrangements here on Saturday. According to a police spokesman, Eid congregations would be held at 973 places, including 742 gatherings in mosques and 231 at open places. He said more than 5,000 police per
Published 16 Jun, 2018 12:00am
Development assistance to Afghanistan reaches $1 billion mark : envoy

Development assistance to Afghanistan reaches $1 billion mark : envoy

Pakistan Ambassador to China, Masood Khalid said on Friday that Pakistan's development assistance to Afghanistan has reached US$1 billion and the country's development assistance is geared towards investment in infrastructure, education, health, agricultu
Published 16 Jun, 2018 12:00am
UN envoy for further extension of ceasefire with Taliban

UN envoy for further extension of ceasefire with Taliban

The United Nations envoy in Afghanistan has expressed hope that the temporary ceasefires between Afghan government and the Taliban marking the final days of the holy month of Ramadan in the war-battered nation, will lead to the lasting peace that the peop
Published 16 Jun, 2018 12:00am
Killing of Bukhari in IoK widely condemned

Killing of Bukhari in IoK widely condemned

Hurriyat leaders and organizations and journalists' bodies have strongly denounced the killing of the Chief Editor of daily Rising Kashmir and renowned Kashmiri journalist, Shujaat Bukhari in Indian occupied Kashmir. According to Kashmir Media Service, Sh
Published 16 Jun, 2018 12:00am
Justice Dost for expediting work on BRT project

Justice Dost for expediting work on BRT project

Caretaker Chief Minister Khyber Pakhtunkhwa former Justice Dost Muhammad Khan has directed for accelerated work on the remaining portion of Bus Rapid Transit (BRT) Peshawar adding that the speed on the mega project should be more organized and disciplined
Published 16 Jun, 2018 12:00am
Prime Minister for adherence to spirit of compassion, harmony

Prime Minister for adherence to spirit of compassion, harmony

Prime Minister Former Justice Nasirul Mulk has observed that the joyous occasion of Eid ul Fitr heralds completion of Ramazan ul Mubarak which further promotes the qualities of purity, self control, compassion and sacrifice.
Published 16 Jun, 2018 12:00am
AIOU to upgrade FM radio network

AIOU to upgrade FM radio network

Allama Iqbal Open University (AIOU) has decided to upgrade its FM's Radio network for providing media's support to its 1.3 million students across the country in their academic pursuits. It has been planned to install new transmitters at eight major citie
Published 16 Jun, 2018 12:00am
Government urged to increase forest areas by planting trees

Government urged to increase forest areas by planting trees

Pakistan Furniture Council (PFC) Friday demanded the government to enhance forest cover areas by planting trees to reduce volume of importing softwood in furniture sector which would help saving billions of rupees in the form of foreign exchange.
Published 16 Jun, 2018 12:00am
Illegal sale of petrol continues unabated in Sargodha

Illegal sale of petrol continues unabated in Sargodha

The illegal sale of petrol and decanting is going on unchecked across the city and the departments concerned have yet to check this practice. The people said that a lot of shops of this kind were doing business illegally.
Published 16 Jun, 2018 12:00am
MOST to develop science & technology parks

MOST to develop science & technology parks

Ministry of Science and Technology (MOST) has planned to establish Science and Technology Park and three to four Incubation centres at its Research and Development organization involving industry to make it successful intervention.
Published 16 Jun, 2018 12:00am
Chaudhry Nisar no more with PML-N?

Chaudhry Nisar no more with PML-N?

Pakistan Muslim League-Nawaz (PML-N) leader Khawaja Saad Rafique Friday said that reconciliatory efforts with Chaudhry Nisar Ali Khan were making progress but now the same have failed.
Published 16 Jun, 2018 12:00am
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