BR100 Increased By (2.94%)
BR30 Increased By (3.47%)
KSE100 Increased By (2.69%)
KSE30 Increased By (2.84%)
BECO 5.62 Increased By ▲ 0.04 (0.72%)
BML 59.51 Decreased By ▼ -1.71 (-2.79%)
BOP 34.61 Increased By ▲ 0.93 (2.76%)
CNERGY 8.08 No Change ▼ 0.00 (0%)
DCL 12.05 Increased By ▲ 0.41 (3.52%)
FCCL 54.40 Increased By ▲ 2.26 (4.33%)
FCSC 5.52 Decreased By ▼ -0.11 (-1.95%)
FFL 18.05 Increased By ▲ 0.04 (0.22%)
FNEL 1.33 Decreased By ▼ -0.02 (-1.48%)
HUMNL 11.07 Increased By ▲ 0.03 (0.27%)
KEL 8.05 Increased By ▲ 0.21 (2.68%)
KOSM 5.88 Increased By ▲ 0.15 (2.62%)
MLCF 90.52 Increased By ▲ 4.01 (4.64%)
NBP 190.17 Increased By ▲ 5.87 (3.19%)
PACE 11.53 Decreased By ▼ -0.12 (-1.03%)
PAEL 41.07 Increased By ▲ 1.11 (2.78%)
PIAHCLA 25.84 Increased By ▲ 0.17 (0.66%)
PIBTL 17.51 Increased By ▲ 0.24 (1.39%)
PPL 225.84 Increased By ▲ 3.17 (1.42%)
PRL 34.63 Increased By ▲ 0.17 (0.49%)
PTC 64.62 Increased By ▲ 0.88 (1.38%)
SEARL 91.38 Increased By ▲ 0.92 (1.02%)
SSGC 26.97 Increased By ▲ 0.30 (1.12%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 69.16 Increased By ▲ 0.69 (1.01%)
TPLP 10.90 Decreased By ▼ -0.30 (-2.68%)
TREET 24.64 Decreased By ▼ -0.06 (-0.24%)
TRG 69.78 Decreased By ▼ -0.81 (-1.15%)
WAVES 11.16 Increased By ▲ 0.05 (0.45%)
WTL 1.27 No Change ▼ 0.00 (0%)
Archive - 2018-06-19
Floods kill 15 in Ivory Coast
Africa

Floods kill 15 in Ivory Coast

ABIDJAN: Fifteen people died in Abidjan, Ivory Coast's economic capital, during flooding caused by torrential rain overn
Published 19 Jun, 2018 04:16pm
OMCs — Not all good
Oil and Gas

OMCs — Not all good

Quite discretely, the last government (PML-N) jacked up margins on petrol and diesel but left the price hike to the care
Published 19 Jun, 2018 06:31am
Leather: A case of compliance
Industry

Leather: A case of compliance

The years have not been kind to Pakistan’s leather industry with production and exports going downhill. Leather product
Published 19 Jun, 2018 06:26am
PSX remains under pressure

PSX remains under pressure

Pakistan Stock Exchange remained under pressure during the outgoing week ended June 14, 2018 due to selling in various sectors before long Eid holidays. BRIndex100 lost 35.3 points on week-on-week basis to close at 4,685.09 points. Average daily volumes s
Published 19 Jun, 2018 12:00am
PSX remains under pressure

PSX remains under pressure

Pakistan Stock Exchange remained under pressure during the outgoing week ended June 14, 2018 due to selling in various sectors before long Eid holidays. BRIndex100 lost 35.3 points on week-on-week basis to close at 4,685.09 points. Average daily volumes s
Published 19 Jun, 2018 12:00am
PSX remains under pressure

PSX remains under pressure

Pakistan Stock Exchange remained under pressure during the outgoing week ended June 14, 2018 due to selling in various sectors before long Eid holidays. BRIndex100 lost 35.3 points on week-on-week basis to close at 4,685.09 points. Average daily volumes s
Published 19 Jun, 2018 12:00am
Futures spread up 411 basis points

Futures spread up 411 basis points

The futures spread increased by 411bps to 7.57 percent on the last day of the outgoing week. Trading activity on the futures counter remained low as average daily turnover declined by 26.2 percent to 33.42 million shares. Average daily trading value on th
Published 19 Jun, 2018 12:00am
Futures spread up 411 basis points

Futures spread up 411 basis points

The futures spread increased by 411bps to 7.57 percent on the last day of the outgoing week. Trading activity on the futures counter remained low as average daily turnover declined by 26.2 percent to 33.42 million shares. Average daily trading value on th
Published 19 Jun, 2018 12:00am
Iraq's only Kurdish airline takes off with Europe flight

Iraq's only Kurdish airline takes off with Europe flight

Iraq's only Kurdish airline launched on Monday with a flight to Sweden, after years of delays owing to the Islamic State's offensive in the country. Officials hope Fly Erbil's take-off is a sign of changing fortunes in the autonomous region, which has suf
Published 19 Jun, 2018 12:00am
Twenty-five bodies found after army sweep in Mali

Twenty-five bodies found after army sweep in Mali

Twenty-five bodies were found in central Mali after the army carried out a sweep in the unstable region, sources said on Monday, adding to concern about abuse by security forces in their fight against jihadists. An NGO called Kisal, which campaigns for th
Published 19 Jun, 2018 12:00am
South Korea holds war games to defend against Japan

South Korea holds war games to defend against Japan

South Korea on Monday began two days of war games to practise defending the disputed Dokdo islands off its east coast - against an unlikely attack by Japan. The drills come just days after President Donald Trump announced the suspension of long-running US
Published 19 Jun, 2018 12:00am
Italian mobster jailed for vicious attack on journalist

Italian mobster jailed for vicious attack on journalist

A notorious Italian mobster, Roberto Spada, was sentenced Monday to six years in jail for violently assaulting a journalist during an interview in 2017, the video of which immediately went viral. The assault, which shocked Italy, occurred last November in
Published 19 Jun, 2018 12:00am
KP caretaker CM for removal of obstacles in timely, fair polls

KP caretaker CM for removal of obstacles in timely, fair polls

Caretaker Chief Minister of Khyber Pakhtunkhwa, flormer Justice Dost Muhammad Khan, has directed the heads of public sector institutions to remove the obstacles in the smooth, timely, impartial and transparent elections in the province.
Published 19 Jun, 2018 12:00am
Americans own 40 percent of world's firearms: study

Americans own 40 percent of world's firearms: study

Americans make up only four percent of the global population but they own 40 percent of the world's firearms, a new study said Monday. There are more than one billion firearms in the world but 85 percent of those are in the hands of civilians, with the re
Published 19 Jun, 2018 12:00am
Electricity rationing returns to South Africa

Electricity rationing returns to South Africa

South Africa's state-owned power utility Eskom has resumed electricity rationing for the first time in several years after workers went on strike for higher pay. Eskom, which generates more than 95 percent of the country's electricity, has blamed the powe
Published 19 Jun, 2018 12:00am
Army chief celebrates Eid with troops at LoC

Army chief celebrates Eid with troops at LoC

Chief of Army Staff General Qamar Javed Bajwa offered his Eid prayer along with the troops of Pakistan Army on the Line of Control (LoC). He prayed for peace, development and stability of the country. The army chief later mingled with soldiers and exchang
Published 19 Jun, 2018 12:00am
Army chief celebrates Eid with troops at LoC

Army chief celebrates Eid with troops at LoC

Chief of Army Staff General Qamar Javed Bajwa offered his Eid prayer along with the troops of Pakistan Army on the Line of Control (LoC). He prayed for peace, development and stability of the country. The army chief later mingled with soldiers and exchang
Published 19 Jun, 2018 12:00am
Former Israeli minister charged with spying for Iran

Former Israeli minister charged with spying for Iran

A former Israeli government minister who once admitted to trying to smuggle ecstasy tablets has been charged with spying for Iran, Israeli security officials said on Monday. The Shin Bet domestic security agency said former energy minister Gonen Segev was
Published 19 Jun, 2018 12:00am
Former Israeli minister charged with spying for Iran

Former Israeli minister charged with spying for Iran

A former Israeli government minister who once admitted to trying to smuggle ecstasy tablets has been charged with spying for Iran, Israeli security officials said on Monday. The Shin Bet domestic security agency said former energy minister Gonen Segev was
Published 19 Jun, 2018 12:00am
Napoleon fever confirmed as hat sells for 350,000 euros

Napoleon fever confirmed as hat sells for 350,000 euros

A two-cornered military dress hat thought to have belonged to Napoleon went for 350,000 euros ($406,000) at auction on Monday, the latest sale to highlight the boundless appetite for all things associated with the emperor.
Published 19 Jun, 2018 12:00am
Afghan peace marchers arrive in Kabul as Taliban end ceasefire

Afghan peace marchers arrive in Kabul as Taliban end ceasefire

Dozens of peace protesters arrived in Kabul on Monday after walking hundreds of kilometres across war-battered Afghanistan, as the Taliban ended an unprecedented ceasefire and resumed attacks in several parts of the country.
Published 19 Jun, 2018 12:00am
Afghan peace marchers arrive in Kabul as Taliban end ceasefire

Afghan peace marchers arrive in Kabul as Taliban end ceasefire

Dozens of peace protesters arrived in Kabul on Monday after walking hundreds of kilometres across war-battered Afghanistan, as the Taliban ended an unprecedented ceasefire and resumed attacks in several parts of the country.
Published 19 Jun, 2018 12:00am
UK debit cards overtake cash for first time: study

UK debit cards overtake cash for first time: study

Cash is no longer king in Britain - and has been usurped by debit cards, thanks to rapid changes in technology and consumer behaviour, new research showed Monday. Debit card payments overtook cash last year for the first time, as more and more Britons emb
Published 19 Jun, 2018 12:00am
UK debit cards overtake cash for first time: study

UK debit cards overtake cash for first time: study

Cash is no longer king in Britain - and has been usurped by debit cards, thanks to rapid changes in technology and consumer behaviour, new research showed Monday. Debit card payments overtook cash last year for the first time, as more and more Britons emb
Published 19 Jun, 2018 12:00am
UK debit cards overtake cash for first time: study

UK debit cards overtake cash for first time: study

Cash is no longer king in Britain - and has been usurped by debit cards, thanks to rapid changes in technology and consumer behaviour, new research showed Monday. Debit card payments overtook cash last year for the first time, as more and more Britons emb
Published 19 Jun, 2018 12:00am
Audi boss arrested in diesel probe

Audi boss arrested in diesel probe

Audi chief executive Rupert Stadler was arrested Monday in connection with parent company Volkswagen's "dieselgate" emissions cheating scandal, with prosecutors saying they feared he might try to suppress evidence.
Published 19 Jun, 2018 12:00am
Audi boss arrested in diesel probe

Audi boss arrested in diesel probe

Audi chief executive Rupert Stadler was arrested Monday in connection with parent company Volkswagen's "dieselgate" emissions cheating scandal, with prosecutors saying they feared he might try to suppress evidence.
Published 19 Jun, 2018 12:00am
Audi boss arrested in diesel probe

Audi boss arrested in diesel probe

Audi chief executive Rupert Stadler was arrested Monday in connection with parent company Volkswagen''s "dieselgate" emissions cheating scandal, with prosecutors saying they feared he might try to suppress evidence.
Published 19 Jun, 2018 12:00am
Shortage looms as urea price goes up by 15 percent

Shortage looms as urea price goes up by 15 percent

Urea price posted a sharp increase of 15 percent to Rs 1,600 per bag during last six weeks. The shortage of the commodity now looms large. The market sources told Business Recorder Monday that the price of urea, an essential raw material for crops,
Published 19 Jun, 2018 12:00am
Shortage looms as urea price goes up by 15 percent

Shortage looms as urea price goes up by 15 percent

Urea price posted a sharp increase of 15 percent to Rs 1,600 per bag during last six weeks. The shortage of the commodity now looms large. The market sources told Business Recorder Monday that the price of urea, an essential raw material for crops,
Published 19 Jun, 2018 12:00am
Shortage looms as urea price goes up by 15 percent

Shortage looms as urea price goes up by 15 percent

Urea price posted a sharp increase of 15 percent to Rs 1,600 per bag during last six weeks. The shortage of the commodity now looms large. The market sources told Business Recorder Monday that the price of urea, an essential raw material for crops,
Published 19 Jun, 2018 12:00am
Arab forces bomb Houthis around Hodeidah airport

Arab forces bomb Houthis around Hodeidah airport

Arab coalition aircraft bombarded Houthi fighters holed up at the airport of Yemen's main port Hodeidah on Monday as a senior alliance official said he hoped UN diplomacy could coax the Iran-aligned movement to cede the city to "save the population".
Published 19 Jun, 2018 12:00am
Arab forces bomb Houthis around Hodeidah airport

Arab forces bomb Houthis around Hodeidah airport

Arab coalition aircraft bombarded Houthi fighters holed up at the airport of Yemen's main port Hodeidah on Monday as a senior alliance official said he hoped UN diplomacy could coax the Iran-aligned movement to cede the city to "save the population".
Published 19 Jun, 2018 12:00am
Video gaming addictive like crack: WHO

Video gaming addictive like crack: WHO

Video gaming can be addictive in the same way as cocaine or gambling, the World Health Organization said Monday in a much anticipated update of the International Classification of Diseases (ICD-11). "After consulting with experts across the world, and rev
Published 19 Jun, 2018 12:00am
Video gaming addictive like crack: WHO

Video gaming addictive like crack: WHO

Video gaming can be addictive in the same way as cocaine or gambling, the World Health Organization said Monday in a much anticipated update of the International Classification of Diseases (ICD-11). "After consulting with experts across the world, and rev
Published 19 Jun, 2018 12:00am
India nailed

India nailed

The UN High Commissioner for Human Rights Zeid Ra'ad Al Hussein has said he would ask the UN Human Rights Council to consider establishing a commission of inquiry - the UN's highest level probe - to investigate human rights violations in Indian Held Kashm
Published 19 Jun, 2018 12:00am
The Amnesty scheme

The Amnesty scheme

The Supreme Court has cleared the tax amnesty scheme announced on 5 April by former Prime Minister Shahid Khaqan Abbasi, promulgated through issuance of ordinances by the President of Pakistan and, then subsequently made part of the Finance Act 2018. Ther
Published 19 Jun, 2018 12:00am
More and more bad news
Currency

More and more bad news

The bad news on the economy does not seem to end. Anything that can go wrong is going wrong. The previous article had identified six areas where economic trends had deteriorated in recent weeks and months. More problem areas are pointed out in this articl
Published 19 Jun, 2018 12:00am
Convergence on Afghanistan

Convergence on Afghanistan

Two days after CoAS General Qamar Javed Bajwa returned from a daylong visit to Kabul on June 11, 2018, during which he met the Afghan and US military leadership, Mullah Fazlullah, chief of the Tehreek-e-Taliban Pakistan (TTP) and four of his top commander
Published 19 Jun, 2018 12:00am
Airbus weighs new long-range A321 version in Boeing challenge

Airbus weighs new long-range A321 version in Boeing challenge

Airbus is considering adding extra endurance to the longest-range version of its A321 passenger jet in a further effort to pre-empt a potential new mid-market jet being studied by U.S. rival Boeing, industry sources said. A new version called the A321XLR
Published 19 Jun, 2018 12:00am
Who killed Shujaat Bukhari?

Who killed Shujaat Bukhari?

Thousands of mourners thronged 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 daily R
Published 19 Jun, 2018 12:00am
E-commerce market witnesses rational growth

E-commerce market witnesses rational growth

The registered e-commerce merchant numbers has witnessed more than 2.6 times rise amid 3G/4G services and availability of cheaper smart phones. E-commerce market has been experiencing reasonable growth and at 72 per cent Pakistan has one of the highest ra
Published 19 Jun, 2018 12:00am
CS, IGP exchange Eid greetings with caretaker CM

CS, IGP exchange Eid greetings with caretaker CM

Chief Secretary Punjab Akbar Durrani and IGP Punjab Kaleem Imam called on caretaker Chief Minister Dr Hasan Askari and exchanged Eid greetings. Speaking on the occasion, Dr Askari said, "Eid is a national and religious event and the interim government has
Published 19 Jun, 2018 12:00am
Suspected terrorist arrested in Quetta

Suspected terrorist arrested in Quetta

Security forces arrested one suspected terrorist during encounter at Saryab road, Quetta, on Sunday. According to police sources, terrorists opened fire at security forces near University of Balochistan at Saryab road. As a result security personnel also
Published 19 Jun, 2018 12:00am
Holding impartial polls interim government's sole task: Askari

Holding impartial polls interim government's sole task: Askari

Caretaker Punjab Chief Minister Professor Dr Hassan Askari Rizvi Saturday said the only task of the interim set-up was to hold free, fair and impartial elections. "We are striving hard to ensure free and fair elections so that no political party could com
Published 19 Jun, 2018 12:00am
Utmankhel tribe youth pins high hopes on Bilawal

Utmankhel tribe youth pins high hopes on Bilawal

The youth of Utmankhel tribe, district Malakand, have pinned high hopes in PPP chairman Bilawal Bhutto Zardari, who is contesting elections from their National Assembly constituency NA-8 (Malakand Protected Area). The constituency earlier known as NA-35 i
Published 19 Jun, 2018 12:00am
Saarc CCI calls for deeper economic cooperation with China

Saarc CCI calls for deeper economic cooperation with China

President of SAARC Chamber of Commerce and Industry (SAARC CCI) Ruwan Edirisinghe Monday urged for deeper economic cooperation with China saying that this collaboration will usher in a new era of progress, prosperity, development, economic growth and welf
Published 19 Jun, 2018 12:00am
Lahore Zoo, Safari Zoo become most popular recreational places

Lahore Zoo, Safari Zoo become most popular recreational places

Lahore Zoological Gardens (Lahore Zoo) and Safari Zoo once again turned out to be most popular recreational places for people of the metropolis and adjoining cities during first two days of Eid holidays as 155,244 guests visited these places. Collectively
Published 19 Jun, 2018 12:00am
Bodies of drowned boys found at Sandspit

Bodies of drowned boys found at Sandspit

The bodies of two young boys drowned at the Sandspit beach in Karachi were recovered on Monday. 18-year-old Faraz and 22-year-old Osama drowned in the beach while taking bath. They with seven other friends went to picnic on the beach on Sunday. Relatives
Published 19 Jun, 2018 12:00am
Levies man, two others killed in Quetta

Levies man, two others killed in Quetta

Unidentified armed assailants on Saturday killed a Levies man along with two others in the provincial capital Killi Bangulzai area. As per the details, miscreants opened indiscriminate firing on Levies vehicle, killing a Levies man and two others on the s
Published 19 Jun, 2018 12:00am
PIA's flight makes emergency landing

PIA's flight makes emergency landing

The flight PK-582 of Pakistan International Airlines (PIA) made an emergency landing at Karachi airport on Monday afternoon. PK-582 (Karachi - Rahimyar Khan) took off from Karachi airport but after a short span of time, the aircraft made an emergency land
Published 19 Jun, 2018 12:00am
Advisory for cotton growers
Cotton

Advisory for cotton growers

The Punjab Agriculture Department (PAD) has advised the cotton growers to pay special heed towards removal of weeds from their fields as it serves debris for whitefly, which is responsible for Cotton Leaf Curl Virus (CLCV) attack and Mealy bug.
Published 19 Jun, 2018 12:00am
Traders lament 'unsatisfactorily' low Eid sales

Traders lament 'unsatisfactorily' low Eid sales

Dwindling purchasing power forced the customers to a comparatively lower buying for Eid, as traders on Monday estimated the grand sales season hardly fetched Rs 40 billion. Calling the seasonal sales 'unsatisfactory,' they said the weak national economy h
Published 19 Jun, 2018 12:00am
Eid holidays bring Karachiites to beaches, parks

Eid holidays bring Karachiites to beaches, parks

Karachiites thronged water parks, public parks, food restaurant and seaside with their families to fully enjoy Eid holidays. The parks and other places remained crowded on the first, second and third day of Eid as a large number of people were seen newly-
Published 19 Jun, 2018 12:00am
PFC to participate in furniture show at New York

PFC to participate in furniture show at New York

Pakistan Furniture Council (PFC) will participate in Int'l Apparel Sourcing and Furniture Show at New York USA commencing from 23 July and display Pak handmade furniture products to attract foreign buyers and investors.
Published 19 Jun, 2018 12:00am
Sanjrani distributes Eid gifts among SOS village children

Sanjrani distributes Eid gifts among SOS village children

Chairman Senate Muhammad Sadiq Sanjrani on Sunday visited SOS village, to rejoice festive celebrations with orphan children and distributed gifts among them. Senator Naseeb Ullah Bazai was also present on this occasion. Chairman Senate distributed Eid gif
Published 19 Jun, 2018 12:00am
Maryam's papers for NA-125 cleared

Maryam's papers for NA-125 cleared

The nomination papers of Pakistan Muslim League-Nawaz (PML-N) leader Maryam Nawaz and Pakistan Tehreek-e-Insaf (PTI) leader Yasmeen Rashid for NA-125 have been accepted by the Returning Officer (RO). The RO, while rejecting the objections cleared the nomi
Published 19 Jun, 2018 12:00am
Kulsoom's illness: Nisar says won't expose Nawaz for time being

Kulsoom's illness: Nisar says won't expose Nawaz for time being

The estranged Pakistan Muslim League-Nawaz (PML-N) leader Chaudhry Nisar Ali Khan on Monday said he wanted to bring to the fore the role of former prime minister Nawaz Sharif and his daughter Maryam Nawaz but now was not the time due to Kulsoom Nawaz's cr
Published 19 Jun, 2018 12:00am
Siraj for implementing constitution in true spirit

Siraj for implementing constitution in true spirit

Chief of Jamaat-e-Islami Senator Sirajul Haq has said that the constitution of the country could be saved only if it was implemented in its true spirit. Sirajul Haq said that the nation would have to unite to safeguard the constitution. He said that the c
Published 19 Jun, 2018 12:00am
Shehla, Aamir Liaquat, Tissori cleared to contest elections

Shehla, Aamir Liaquat, Tissori cleared to contest elections

Pakistan People's Party leader Shehla Raza, Pakistan Tehreek-e-Insaf's Aamir Liaquat and Muttahida Qaumi Movement's Kamran Tissori were cleared to contest the next general polls as respective Returning Officers (RO) have accepted their nomination papers,
Published 19 Jun, 2018 12:00am
Ex-CJP Iftikhar accused of launching malicious drive against Imran

Ex-CJP Iftikhar accused of launching malicious drive against Imran

In a tit-for-tat response, Pakistan Tehreek-e-Insaf (PTI) spokesman Fawad Chaudhry on Monday accused former chief justice Iftikhar Muhammad Chaudhry of launching a malicious campaign against party chairman Khan on the behest of his rivals especially the P
Published 19 Jun, 2018 12:00am
First summer special train leaves Rawalpindi for Karachi

First summer special train leaves Rawalpindi for Karachi

First Summer Special Vacation Train leaves Rawalpindi for Karachi on June 18, Monday at 2.30 pm. Pakistan Railways had announced special Summer Vacation Trains to facilitate the passengers particularly families planning to move for different destinations
Published 19 Jun, 2018 12:00am
Transgender community: CJP forms committee to issue CNICs

Transgender community: CJP forms committee to issue CNICs

Chief Justice Pakistan Mian Saqib Nisar here Monday formed a committee for the issuance of Computerized National Identity Cards (CNICs) to the transgender community within fortnight. Chief Justice held suo motu proceedings on transgender people who had br
Published 19 Jun, 2018 12:00am
Shahbaz offers Eid prayer at Ittefaq Masjid

Shahbaz offers Eid prayer at Ittefaq Masjid

Pakistan Muslim League-Nawaz President Mian Shahbaz Sharif offered his Eidul Fitr prayer at the Model Town's Ittefaq Masjid on Saturday. Shahbaz Sharif's son and PML-N leader Mian Hamza Shahbaz was also present. A good number of PML-N activists also offer
Published 19 Jun, 2018 12:00am
Deputy Auditor General (Defence Audit) passes away

Deputy Auditor General (Defence Audit) passes away

Deputy Auditor General (Defence Audit), Office of the Auditor General of Pakistan, Mrs. Hashmat Iqbal passed away after suffering a heart attack at Al-Shifa International Hospital here on Sunday. Her funeral prayer was offered at New Shami Road Park, Stre
Published 19 Jun, 2018 12:00am
Registered voters may verify their status by messaging 8300: ECP

Registered voters may verify their status by messaging 8300: ECP

The eligible voters can verify the status of their votes in the computerized voter lists prepared by Election Commission of Pakistan (ECP) by just sending an SMS via their mobile phones. Election Commission said that this SMS verification service had been
Published 19 Jun, 2018 12:00am
Hodeida port: UAE ambassador explains Arab coalition operations

Hodeida port: UAE ambassador explains Arab coalition operations

H E Hamad Obaid A1 Zaabi, the UAE Ambassador in Islamabad has said that the intervention of the Arab coalition in Yemen and the ongoing operations around Hodeida port area, are based on the request of the legitimate Yemeni Government and in compliance wit
Published 19 Jun, 2018 12:00am
Talal Chaudhry: SC to resume hearing of contempt of court case today

Talal Chaudhry: SC to resume hearing of contempt of court case today

The Supreme Court will resume the hearing of a contempt of court case against Pakistan Muslim League-Nawaz leader and former Minister of State for Interior Talal Chaudhry today. The case will be heard by a three-member bench comprising Justice Gulzar Ahma
Published 19 Jun, 2018 12:00am
SheCan trains over 1,000 young women

SheCan trains over 1,000 young women

Center for Social Education and Development (CSED), a non-govermental organisation has successfully implemented six-month long project, SheCan. According to press statement issued here on Monday said the project was funded by the Ambassador Fund Programme
Published 19 Jun, 2018 12:00am
Biggest tax scam: FTO recommendation still remains Unimplemented

Biggest tax scam: FTO recommendation still remains Unimplemented

Despite confirmation by Lahore High Court (LHC), a key recommendation issued by the Federal Tax Ombudsman (FTO) remains unimplemented wherein the FTO ordered the FBR to launch an investigation why the Directorate of Investigation & Intelligence (I&I) fail
Published 19 Jun, 2018 12:00am
NA-53 Islamabad: Imran submits reply over objections

NA-53 Islamabad: Imran submits reply over objections

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan's legal counsel on Monday submitted reply over objections to his candidacy for the upcoming general election for NA-53 constituency of Islamabad. The reply, which was submitted by the deputy of Babar Awan
Published 19 Jun, 2018 12:00am
JUI-F workers revolt against Naseeb's candidature

JUI-F workers revolt against Naseeb's candidature

The workers of JUI-F have revolted against the provincial ameer of their own political party and religio-political alliance MMA, Maulana Gul Naseeb Khan for nominating himself as candidate from NA-8, Malakand. He belongs to NA-7, Dir Lower.
Published 19 Jun, 2018 12:00am
Mamnoon arrives in Dushanbe
Cotton

Mamnoon arrives in Dushanbe

President Mamnoon Hussain was accorded a red carpet welcome as he arrived here Monday on a four-day official visit to Tajikistan to participate in the high level international conference on the International Decade for Action "Water for Sustainable Develo
Published 19 Jun, 2018 12:00am
President, caretaker PM felicitate nation on Eid-ul-Fitr

President, caretaker PM felicitate nation on Eid-ul-Fitr

President Mamnoon Hussain and caretaker Prime Minister Nasirul Mulk have felicitated the nation and the Muslims all over the world on the august occasion of Eid ul Fitr. In his message, President Mamnoon Hussain has said that following the teachings of Is
Published 19 Jun, 2018 12:00am
Jhagra offers Eid prayer at Governor's House

Jhagra offers Eid prayer at Governor's House

Khyber Pakhtunkhwa Governor Engineer Iqbal Zafar Jhagra offered Eid-ul-Fitr prayers at Governor's House, Peshawar on Saturday. Provincial Secretaries also offered their Eid prayers in the company of the Governor at the Governor's House. Special prayers we
Published 19 Jun, 2018 12:00am
People will reject secular forces in polls: Fazl

People will reject secular forces in polls: Fazl

MMA chief, Maulana Fazal-ur-Rehman has said that people will reject those seeing dreams of turning Pakistan into a secular state and will extend support to the religio-political alliance to practically enforce Islamic Shariah system in the country.
Published 19 Jun, 2018 12:00am
Pakistani community celebrates Eid-ul-Fitr in China

Pakistani community celebrates Eid-ul-Fitr in China

The Pakistani community living here in the Chinese capital and other cities observed Eid-ul-Fitr on Saturday with religious fervour and enthusiasm. Pakistan's Ambassador to China Masood Khalid, diplomats, officials, businessmen, teachers and students offe
Published 19 Jun, 2018 12:00am
Singer Jawwad to contest elections from NA-132

Singer Jawwad to contest elections from NA-132

Pop singer Jawwad Ahmed has obtained nomination papers from NA-132 to contest the upcoming 2018 general elections. He is Chairman of his self-style Pakistan Brabari Party. Jawwad has obtained his nomination papers through his brother for the constituency
Published 19 Jun, 2018 12:00am
Pak-Afghan forces exchange Eid greetings at Torkham border

Pak-Afghan forces exchange Eid greetings at Torkham border

The Pakistani forces greeted Eid-ul-Fitr celebration to Afghan border security officials at Torkham border. Commandant Khyber Rifles, Colonel Farrukh Humayun flanked by wing Commander Lieutenant Colonel Mubashir, Tehsildar Shams-ul-Islam and other officia
Published 19 Jun, 2018 12:00am
Health minister distributes Eid gifts

Health minister distributes Eid gifts

Punjab Minister for Health Professor Dr Jawad Sajid Khan visited Children Hospital, Lahore on the Eid day and distributed Eid gifts among the children admitted in the hospital. Extending Eid greetings with attendants of the patients, he prayed for early a
Published 19 Jun, 2018 12:00am
KP-Fata merger: KP CM for accelerating transfer of resources

KP-Fata merger: KP CM for accelerating transfer of resources

Caretaker Chief Minister Khyber Pakhtunkhwa, Former Justice Dost Muhammad Khan has asked the federal government for the accelerated transfer of resources to mainstream the tribal after the merger of FATA into Khyber Pakhtunkhwa. He was talking to the gove
Published 19 Jun, 2018 12:00am
Manasik Hajj training: second phase to commence from Friday in Gilgit

Manasik Hajj training: second phase to commence from Friday in Gilgit

The second phase of extensive Manasik Hajj training would commence from Friday (June 22) in Gilgit, said Vice President Rafiq-e-Hujjaj Committee Babu Imran Qureshi on Sunday. He said the intending pilgrims of three cities including Gilgit, Chilas and Skar
Published 19 Jun, 2018 12:00am
Prince Harry told Meghan's dad to 'give Trump a chance'

Prince Harry told Meghan's dad to 'give Trump a chance'

Meghan Markle's father Thomas on Monday said that new son-in-law Prince Harry had urged him to give President US Donald Trump "a chance" in comments likely to cause discomfort for the royal family. Thomas Markle told ITV's Good Morning Britain (GMB) that
Published 19 Jun, 2018 12:00am
Spain king's brother-in-law starts jail term for embezzlement

Spain king's brother-in-law starts jail term for embezzlement

The Spanish king's brother-in-law began a six-year jail sentence on Monday, drawing a line under a long-running corruption scandal that enraged the public and brought shame on the royal family. Inaki Urdangarin, the husband of King Felipe's sister Cristin
Published 19 Jun, 2018 12:00am
Dutch ban homegrown bikers' gang

Dutch ban homegrown bikers' gang

Dutch judges on Monday banned a national motorcycle club and seized all its assets, ruling gang members had spread a culture of violence and criminal activities in the Netherlands. "The court in The Hague has decided today that the motorcycle club Satudar
Published 19 Jun, 2018 12:00am
Trumps orders Pentagon to create US 'Space Force'

Trumps orders Pentagon to create US 'Space Force'

President Donald Trump on Monday ordered the Pentagon to create a new US "Space Force," which would become the sixth branch of the American military but which requires Congressional approval to take effect. "I'm hereby directing the Department of Defense
Published 19 Jun, 2018 12:00am
Number of civil conflicts doubles since 2001: ICRC

Number of civil conflicts doubles since 2001: ICRC

The number of civil conflicts worldwide has more than doubled since the start of the century, posing new challenges for curbing atrocities, the International Committee of the Red Cross said Monday. In a new report, the ICRC also noted "more armed groups h
Published 19 Jun, 2018 12:00am
Trump blasts Europe on migration as crisis brews at US border

Trump blasts Europe on migration as crisis brews at US border

US President Donald Trump barged into an international row Monday saying Europe made a "big mistake" by allowing in migrants, as he faces soaring pressure to end the separation of immigrant families on America's own southern border.
Published 19 Jun, 2018 12:00am
EU says 'only European solution' can end migrant row

EU says 'only European solution' can end migrant row

The EU on Monday said "only a European solution" can solve a row over asylum rules that is threatening to throw Germany into political crisis and conflict with the bloc. German Chancellor Angela Merkel's conservative coalition partners have delivered her
Published 19 Jun, 2018 12:00am
Americans own 40 percent of world's firearms

Americans own 40 percent of world's firearms

Americans make up only four percent of the global population but they own 40 percent of the world's firearms, a new study said Monday. There are more than one billion firearms in the world but 85 percent of those are in the hands of civilians, with the re
Published 19 Jun, 2018 12:00am
Clashes at Libya oil sites cause 'catastrophic losses'

Clashes at Libya oil sites cause 'catastrophic losses'

Libya's National Oil Company said on Monday that it suffered "catastrophic losses" when two storage tanks were destroyed during fierce clashes in the country's northeastern oil crescent. Armed groups on Thursday attacked the Ras Lanuf and Al-Sidra termina
Published 19 Jun, 2018 12:00am
Pompeo says he will likely visit Kim soon

Pompeo says he will likely visit Kim soon

US Secretary of State Mike Pompeo said Monday he expects to meet with Kim Jong Un soon to flesh out details of the North Korean leader's promise of nuclear disarmament. As Washington's top diplomat, Pompeo laid much of the groundwork for last week's histo
Published 19 Jun, 2018 12:00am
US MIDDAY: gold steadies

US MIDDAY: gold steadies

Gold on Monday held close to 5-1/2-month lows, with a strong dollar offsetting the upward influence of an escalating trade dispute between the United States and China. Spot gold prices were hemmed in a tight trading range after Friday's selloff because of
Published 19 Jun, 2018 12:00am
US MIDDAY: corn tumbles

US MIDDAY: corn tumbles

US corn futures fell to life-of-contract lows on Monday and soyabeans briefly dipped below $9 a bushel for the first time since 2016 as favourable weather outlooks bolstered yield prospects and trade tensions threatened export demand, analysts said. Chica
Published 19 Jun, 2018 12:00am
Gold flat in Europe

Gold flat in Europe

Gold on Monday held close to 5-1/2 month lows, with a strong dollar offsetting the impact on prices of an escalating trade dispute between the United States and China. The stronger dollar dampens demand for gold by making it costlier for buyers holding ot
Published 19 Jun, 2018 12:00am
Gold steadies in Asia

Gold steadies in Asia

Gold prices were mostly steady on Monday, holding near a 5-1/2-month low touched in the previous session, as a stronger dollar offset support from an ongoing trade dispute between the world's two largest economies. Spot gold was holding at $1,279.30 per o
Published 19 Jun, 2018 12:00am
ICE cocoa drops, arabica coffee down
Currency

ICE cocoa drops, arabica coffee down

Cocoa futures on ICE fell on Monday, partially giving up the prior session's steep gains on selling spurred by much-needed rain in top grower Ivory Coast and a pause in the markets' upward momentum. Arabica coffee fell to a five-week low.
Published 19 Jun, 2018 12:00am
Palm oil plummets on weaker demand, crude oil
Vegetable Oil

Palm oil plummets on weaker demand, crude oil

Malaysian palm oil futures saw their sharpest decline in a week at the close of trade on Monday evening, on the back of weaker export demand and a fall in crude oil prices. The benchmark palm oil contract for September delivery on the Bursa Malaysia Deriv
Published 19 Jun, 2018 12:00am
Tokyo rubber falls

Tokyo rubber falls

Benchmark Tokyo rubber futures fell on Monday to their lowest in nearly three months as renewed trade tensions between the United States and China raised concerns about slower global economic growth. The TOCOM rubber contract for November delivery finishe
Published 19 Jun, 2018 12:00am
Oil rises ahead of OPEC, China tariffs loom over US prices

Oil rises ahead of OPEC, China tariffs loom over US prices

Oil prices rose on Monday in volatile trade as market participants lowered their expectations for how much OPEC might increase production and investors assessed the impact of a trade dispute between the United States and China. US crude oil rose 79 cents
Published 19 Jun, 2018 12:00am
US shale output seen rising to record 7.34 million bpd in July

US shale output seen rising to record 7.34 million bpd in July

US crude production from major shale formations is expected to rise 141,000 barrels per day (bpd) in July from the previous month to a record 7.34 million bpd, the US Energy Information Administration (EIA) said in a monthly productivity report on Monday.
Published 19 Jun, 2018 12:00am
Copper slips to two-week low on US-China trade tensions

Copper slips to two-week low on US-China trade tensions

Copper eased for a third session on Monday on fears trade tensions between the world's two largest economies could escalate and demand from China could cool after last week's lacklustre data. Benchmark copper on the London Metal Exchange ended 0.8 percent
Published 19 Jun, 2018 12:00am
UK government suffers fresh Brexit defeat, sparking new showdown

UK government suffers fresh Brexit defeat, sparking new showdown

Britain's House of Lords inflicted another defeat on the government Monday over its flagship Brexit bill, sending it back to MPs and setting up a fresh showdown between Prime Minister Theresa May and her pro-European rebels. Unelected peers in the upper h
Published 19 Jun, 2018 12:00am
Somali gets prison in Canada for journalists' kidnapping

Somali gets prison in Canada for journalists' kidnapping

A Canadian judge on Monday sentenced a Somali national to 15 years in prison for his role in the 2008 kidnapping of a Canadian and an Australian journalist. Ali Omar Ader, 40, was arrested in 2015 after being lured to Canada by federal police acting as pu
Published 19 Jun, 2018 12:00am
EU extends Crimea sanctions for another year

EU extends Crimea sanctions for another year

The European Union on Monday rolled over for another year tough sanctions imposed over Russia's 2014 annexation of Crimea from Ukraine. The measures prohibit certain exports and imports, and ban investment and tourism services by EU-based companies in Cri
Published 19 Jun, 2018 12:00am
Plane, governor's house torched in PNG violence

Plane, governor's house torched in PNG violence

Papua New Guinea has declared a state of emergency in its rugged Southern Highlands after an armed mob went on the rampage, torching a passenger plane and the local governor's house. Police said crowds were angered by a court decision to dismiss a petitio
Published 19 Jun, 2018 12:00am
One dead and dozens missing in Indonesia boat accident

One dead and dozens missing in Indonesia boat accident

At least one person has died and dozens are missing after a ferry carrying 80 people capsized Monday in Indonesia, an official from the national disaster agency said. "Eighteen passengers have been rescued, one is dead," said agency spokesman Sutopo Purwo
Published 19 Jun, 2018 12:00am
Turkey begins military patrols around Syria's Manbij

Turkey begins military patrols around Syria's Manbij

Turkey on Monday said it had started military patrols in an area around the Kurdish-held city of Manbij in northern Syria, in line with an agreement with the United States to scale down tensions in the region. The Turkish army said in a statement that "pa
Published 19 Jun, 2018 12:00am
Three killed in London after being hit by train

Three killed in London after being hit by train

Three people died in south London after being hit by a train, police said Monday, amid reports they may have been graffiti artists. Police said they were treating the deaths as unexplained, but media said spray paint cans were found near the bodies.
Published 19 Jun, 2018 12:00am
Iraq force accuses US of killing 22 of its fighters in Syria

Iraq force accuses US of killing 22 of its fighters in Syria

An Iraqi paramilitary force Monday accused the United States of killing 22 of its fighters in an overnight air raid just inside Syria's border with Iraq that a monitor said left dozens dead. "US planes fired two guided missiles at a fixed position of Hash
Published 19 Jun, 2018 12:00am
US-backed Syria rebels seize Captagon in IS drug bust

US-backed Syria rebels seize Captagon in IS drug bust

Syrian rebels backed by the US-led coalition have seized a massive drug stash worth around $1.4 million during operations against the Islamic State group, the alliance said Monday. Maghawir al-Thawra, a rebel faction trained by both the United States and
Published 19 Jun, 2018 12:00am
Palestinian killed by Israeli fire

Palestinian killed by Israeli fire

A Palestinian was killed by Israeli fire on Monday near the Gaza Strip's border with Israel, the health ministry in the Hamas-ruled territory said. An Israeli army statement said "several terrorists were injured" in an explosion as they attempted to carry
Published 19 Jun, 2018 12:00am
Israeli planes strike Hamas targets

Israeli planes strike Hamas targets

Israeli warplanes on Monday conducted strikes against nine Hamas "military targets" in the northern Gaza Strip in response to incendiary kites being sent into Israeli territory, the army said. The attacks targeted two Hamas military sites and a munitions
Published 19 Jun, 2018 12:00am
'Worrying' new focus on nuclear deterrence

'Worrying' new focus on nuclear deterrence

The world's nuclear powers are reducing their arsenals but they are also modernising, putting a fresh and "worrying" focus on strategic deterrence, a Stockholm-based think tank said Monday. "The renewed focus on the strategic importance of nuclear deterre
Published 19 Jun, 2018 12:00am
One dead, three hurt in Dutch music fest hit-and-run

One dead, three hurt in Dutch music fest hit-and-run

A van slammed into pedestrians near a Dutch campsite at a huge music festival early Monday, killing one person and seriously injuring three others just hours after headline act Bruno Mars wowed tens of thousands of fans. The four people were hit around 4:
Published 19 Jun, 2018 12:00am
Lukaku scores twice as Belgium prove too strong for Panama

Lukaku scores twice as Belgium prove too strong for Panama

Romelu Lukaku netted a brace as a much-improved second-half performance gave Belgium an ultimately comfortable 3-0 victory over tournament debutants Panama in their World Cup opener in Sochi on Monday. A moment of inspiration from Dries Mertens set the Be
Published 19 Jun, 2018 12:00am
Neuer powerless to stop Mexico

Neuer powerless to stop Mexico

Manuel Neuer, Germany's Captain Fantastic, returned to competitive football on Sunday on the biggest stage of all after a nine-month absence but his comeback ended in intense frustration as the world champions lost 1-0 to Mexico.
Published 19 Jun, 2018 12:00am
Ronaldo bust swapped at Madeira airport

Ronaldo bust swapped at Madeira airport

The controversial bronze bust of Cristiano Ronaldo at the airport on Madeira which bears his name has been replaced, Portuguese media reported on Monday. "This bust is much better than the other one, that's what everyone thinks," Hugo Aveiro, brother of t
Published 19 Jun, 2018 12:00am
VAR penalty gives Sweden narrow win over South Korea

VAR penalty gives Sweden narrow win over South Korea

Sweden coach Janne Andersson said his side's decisive penalty in their opening match against South Korea on Monday was so obvious there was no need for the use of VAR. The Scandinavian side won 1-0 in Nizhny Novgorod thanks to captain Andreas Granqvist's
Published 19 Jun, 2018 12:00am
Pakistan junior squash team leaves for Malaysia

Pakistan junior squash team leaves for Malaysia

Pakistan's Junior Squash team left for Malaysia to participate in two major junior Squash championships scheduled from June 20 to July 01, 2018. Seven Junior Squash players from Peshawar would participate in the U-13, U-15, U-17 and U-19 events of the CMS
Published 19 Jun, 2018 12:00am
Koreas to form joint teams at Asian Games

Koreas to form joint teams at Asian Games

North and South Korea agreed Monday to form unified teams for some sports at the upcoming Asian Games - a move which highlights the rapprochement on the peninsula that began with the Winter Olympics. At their historic summit in April, North Korean leader
Published 19 Jun, 2018 12:00am
Sri Lanka gets Australian help to fight doping in sports

Sri Lanka gets Australian help to fight doping in sports

Sri Lanka has launched a joint effort with Australia's anti-doping agency to tackle drug cheats, including athletes using traditional medicines to hide banned substances, officials said Monday. The Australian Sports Anti-Doping Authority (ASADA) will give
Published 19 Jun, 2018 12:00am
Stokes and Woakes to miss rest of Australia ODI series

Stokes and Woakes to miss rest of Australia ODI series

Talismanic England all-rounder Ben Stokes and paceman Chris Woakes will miss the remainder of the One Day International series with Australia the England and Wales Cricket Board (ECB) announced Monday. Stokes' hamstring injury - which he suffered in the l
Published 19 Jun, 2018 12:00am
Sterling nears 2018 lows
Currency

Sterling nears 2018 lows

The pound fell on Monday as the dollar strengthened, with traders reluctant to buy sterling before a Bank of England policy meeting this week and another expected parliamentary confrontation over the government's Brexit plans. With an escalating trade dis
Published 19 Jun, 2018 12:00am
Aussie, kiwi at multi-month lows
Currency

Aussie, kiwi at multi-month lows

The Australian and New Zealand dollars softened to multi-month lows on Monday on a resurgent greenback and amid worries of a US-China trade war after the two countries slapped tariffs on each other's imports. A global trade war will be particularly bad fo
Published 19 Jun, 2018 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Monday. 83.70-83.70 (Previous 83.70-83.70).
Published 19 Jun, 2018 12:00am
Asian forex: trade tensions, strong dollar weigh heavily
Currency

Asian forex: trade tensions, strong dollar weigh heavily

Emerging Asian exchange rates slipped broadly on Monday with heightening global trade tensions sparking sharp falls in the region's export-correlated currencies. US President Donald Trump said on Friday he was pushing ahead with 25 percent tariffs on $50
Published 19 Jun, 2018 12:00am
Sri Lankan rupee holds steady near record low
Currency

Sri Lankan rupee holds steady near record low

The Sri Lankan rupee ended steady on Monday, near the record low hit in the previous session, as dollar demand from importers offset the US currency sales by exporters, dealers said. The spot rupee ended at 159.75/90 per dollar, lower than Thursday's clos
Published 19 Jun, 2018 12:00am
Euro steadies in Europe
Currency

Euro steadies in Europe

The euro stabilized on Monday after last week's big losses but the threat of an escalating global trade war, a dispute in Germany's governing coalition and a more dovish-than-expected ECB all weighed on the single currency.
Published 19 Jun, 2018 12:00am