News Archives for Print - 2014-12-26

China's iron ore futures edged up on Thursday, snapping three straight sessions of losses as reports circulated that the central bank was moving to ease liquidity conditions for banks. Iron ore futures for May delivery on the Dalian Commodity Exchange ros

Published 26 Dec, 2014 12:00am

China says 2014 cotton output drops 2.2 percent on year

Cotton production in China, the world's top consumer of the fibre, dropped 2.2 percent in 2014 from the year before, the government said on Wednesday. The National Bureau of Statistics said output fell to 6.16 million tonnes as the amount of land used to

Published 26 Dec, 2014 12:00am

Shanghai copper futures inch up on expectations of policy support

Shanghai copper futures were mostly flat in early trading on Thursday, as hopes of more support policies to invigorate the economy helped boost prices, even as domestic demand for the metal continued to sag. In a sign of weak local demand, spot premiums f

Published 26 Dec, 2014 12:00am

Corn eases after climbing to highest since early July

US wheat edged higher on Wednesday, rising for eight out 10 sessions with uncertainty over Russian supplies, while corn dipped after climbing to more than a five-month high in the previous session. Soybeans were little changed after closing almost flat on

Published 26 Dec, 2014 12:00am

Argentine wheat crop seen big enough to meet Brazil demand

Brazil will have no need to import US wheat next year because the crop in its main supplier, Argentina, will be big enough to meet the neighbouring country's projected demand of 7 million tonnes, the head of Argentina's Rosario grains exchange said. Rosar

Published 26 Dec, 2014 12:00am

Brazil's Abiove stands by more modest soy forecast

Brazil's vegetable oil association Abiove stood by its more modest forecast for a 2014-15 soybean crop of 91 million tonnes on Tuesday, after the Brazilian government hiked its estimate to 95.8 million tonnes last week. "Productivity in Mato Grosso is goi

Published 26 Dec, 2014 12:00am

China to hold special state grain sales to help decide 2015 import quotas

China will hold a special state grain auction in the second week of January, which industry analysts said would decide which companies get import quotas for 2015. Beijing will only issue import quotas to mills that also buy from state reserves, as it work

Published 26 Dec, 2014 12:00am

TOCOM rubber rebounds on the back of higher Shanghai market

Benchmark Tokyo rubber futures hit a two-week low before rebounding to end higher on Thursday thanks to a strong Shanghai market and some investors looking for bargains, dealers said. The Tokyo Commodity Exchange rubber contract for June delivery finished

Published 26 Dec, 2014 12:00am

India raises edible oil import taxes to protect local farmers

India has raised the import tax on crude edible oils and refined oils by 5 percentage points each to protect local farmers from rising imports from Malaysia and Indonesia. In an order made public on Thursday, New Delhi said the import tax on the crude var

Published 26 Dec, 2014 12:00am

India raises edible oil import taxes to protect local farmers

Published 26 Dec, 2014 12:00am

Commodities stumble on strong dollar after bright GDP

Commodity markets mostly fell last week, taking a hit as the dollar soared following market-busting growth data in the United States, which is the world's biggest economy. US gross domestic product rose 5.0 percent in the third quarter, official data show

Published 26 Dec, 2014 12:00am

Sony's Tokyo HQ taking greater role in Hollywood studio after furore

Sony Corp's Tokyo headquarters is changing its usual arm's-length relationship with its US studio following a massive cyberattack and the controversy over the comedy "The Interview", with the group CEO being consulted on key decisions, company officials s

Published 26 Dec, 2014 12:00am

YouTube, Web channels show Sony's 'The Interview' a day before theatres

Sony Pictures made "The Interview" available online on Wednesday, a day before its theatrical release, after reversing a decision made a week ago to cancel the movie's release following a massive cyberattack. The film was available for rental on Google In

Published 26 Dec, 2014 12:00am

Post-tsunami aid was not always on target in Asia

The houses are not yet 10 years old but already walls and roofs are collapsing on a housing estate in Sirikandurawatte in Sri Lanka. Ajith Priyantha, 35, was one of the several hundred relocated to the newly built project after the tsunami of December 26,

Published 26 Dec, 2014 12:00am

Russia offers support to North Korea amid Sony hack

Russia on Thursday offered sympathy to North Korea amid the Sony hacking scandal, saying the movie that sparked the dispute was so scandalous that Pyongyang's anger was "quite understandable." Washington failed to offer any proof to back its claims of Pyo

Published 26 Dec, 2014 12:00am

US company to open tuna cannery in American Samoa

A Washington state company is making a $70 million investment in a tuna cannery in the US territory of American Samoa. The canned tuna products from American Samoa will carry the "Made In USA" label, said officials with Tri Marine International. Based in

Published 26 Dec, 2014 12:00am

Saudi Arabia issues 'final warning' on high-speed rail project

Saudi Arabia has given a "final warning" to avoid delays on an $8.2 billion high-speed rail project which Spanish and Saudi firms are helping to build. The Haramain High Speed Rail system is to transport Muslim pilgrims, as well as regular travellers, 450

Published 26 Dec, 2014 12:00am

Russia battles to contain Black Sea oil spill

A Russian Black Sea city declared a state of emergency Thursday after a burst pipeline spewed oil into the landlocked water body, with stormy weather hampering cleanup efforts. The pipeline near the city of Tuapse burst late Tuesday, according to Chernomo

Published 26 Dec, 2014 12:00am

UK productivity rises, giving some relief to Bank of England

British workers' productivity showed a long-awaited improvement in the third quarter of this year, official data showed on Wednesday, giving some encouragement to the Bank of England as it holds interest rates at a record low. Output per hour worked rose

Published 26 Dec, 2014 12:00am

Cuba expats in America weigh return to island

Cuban expatriates in America, including many who risked their lives to escape the communist island, are torn about whether to return after Havana and Washington formally re-establish ties next year. US President Barack Obama last week announced the normal

Published 26 Dec, 2014 12:00am

Subaru scraps plan to shift Crosstrek production to US

Fuji Heavy Industries, the maker of Subaru brand cars and SUVs, has scrapped a plan to shift production of the new XV Crosstrek to its US plant in Indiana and will instead make the crossover SUV in Japan, a source familiar with the company's production pl

Published 26 Dec, 2014 12:00am

Japan utilities likely to decommission five ageing reactors: Nikkei

Japanese power utilities are likely to decommission five ageing reactors that would be too costly to bring in line with tougher safety standards, the Nikkei business daily said on Thursday, as the country grapples with nuclear power's post-Fukushima futur

Published 26 Dec, 2014 12:00am

BOJ policymakers call for fiscal reform amid tax hike delay

Bank of Japan board members made a rare call on the government to steadily promote measures to restore the country's tattered finances three weeks after expanding monetary stimulus, minutes of their November meeting showed. The November rate review was he

Published 26 Dec, 2014 12:00am

BOJ policymakers call for fiscal reform amid tax hike delay

Published 26 Dec, 2014 12:00am

Reliance signs shipping agreement for ethane imports

India's Reliance Industries Ltd on Wednesday said it had signed a long-term shipping agreement with Japan's Mitsui OSK Lines Ltd (MOL) to transport liquefied ethane that Reliance will import from North America. MOL will supervise the construction of six v

Published 26 Dec, 2014 12:00am

Sinopec starts pumping gas from Sichuan's Yuanba field

Sinopec Corp started this week a processing plant in China's south-west that treats high-sulphur natural gas pumping from a new field at Yuanba, Sinopec group reported on its website on Thursday. Yuanba, located in China's top gas producing province of Si

Published 26 Dec, 2014 12:00am

Unions make push to recruit protected immigrants in US

Unions across the US are reaching out to immigrants affected by President Barack Obama's recent executive action, hoping to expand their dwindling ranks by recruiting millions of workers who entered the US illegally. Labour leaders say the president's act

Published 26 Dec, 2014 12:00am

China's bankers enjoy first pay hike since global financial crisis

Chinese investment banks have awarded pay rises to their staff for the first time since the 2008 global financial crisis, buoyed by a surge in China-related deals, but salaries and bonuses still trail far behind those paid by Western banks. Chinese invest

Published 26 Dec, 2014 12:00am

Refugees drown in attempted Sudanese smuggling

At least eight asylum-seekers have drowned trying to cross a river in Sudan during an attempt to smuggle them out of a refugee camp, the UN refugee agency said Thursday. The accident happened as a group of from the Shegarab-1 camp in the eastern state of

Published 26 Dec, 2014 12:00am

Serbia's parliament adopts 2015 budget, sets deficit at 5.8 percent of GDP

After 19 hours of debate, Serbia's parliament adopted a 2015 budget early on Thursday, setting the consolidated deficit at 191.3 billion dinars (1.57 billion euros), down from 212 billion this year, or around 5.8 percent of national output. The budget dra

Published 26 Dec, 2014 12:00am

Who hacked Sony becomes Internet's new mystery

Everyone has a theory about who really hacked Sony Pictures Entertainment Inc. Despite President Barack Obama's conclusion that North Korea was the culprit, the Internet's newest game of whodunit continues. Top theories include disgruntled Sony insiders,

Published 26 Dec, 2014 12:00am

Gulf stock markets rise

Gulf stock markets rose on Thursday as Saudi Arabia released a 2015 state budget that will keep spending high, reassuring the region that economic growth is unlikely to be hurt much by the plunge of oil prices. The Saudi budget envisions state spending at

Published 26 Dec, 2014 12:00am

South Korea central bank promises policy to stay loose as sentiment weakens

South Korea's central bank pledged to keep monetary policy loose next year after its survey showed December consumer sentiment at the weakest in 20 months while inflation expectations were at the lowest on record. The Bank of Korea, in its 2015 policy sta

Published 26 Dec, 2014 12:00am

Nikkei snaps five-day winning streak on profit-taking, JAL drops

Japan's Nikkei share average slipped on Thursday in holiday-thinned trade as investors took profits after five straight sessions of gains. Airlines were the biggest losers in the Tokyo Stock Exchange's 33 industry subindexes as Japan Airlines fell 3.2 per

Published 26 Dec, 2014 12:00am

China stocks up on financial revival

China stocks closed higher on Thursday as investors waded back into financial shares after selling off for three days. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 3.3 percent, to 3,335.42, while the Shanghai Composite In

Published 26 Dec, 2014 12:00am

Taiwan stocks decline; banks, semiconductors slip

Taiwan stocks on declined 0.18 percent on Thursday in light Christmas Day trading. As of 0217 GMT, the main TAIEX index had fallen 16.2 points to 9,169.98, after closing up 0.97 percent on Wednesday. The electronics subindex was down 0.13 percent, althoug

Published 26 Dec, 2014 12:00am

Vietnam to keep dollar-dong rate moves within two percent in 2015

Vietnam will keep the dollar/dong exchange rate within a 2-percent band in 2015, similar to this year, to ensure stability on the country's foreign exchange market, the central bank governor said on Wednesday. "The target for next year is that we will kee

Published 26 Dec, 2014 12:00am

Yuan ends up, scores biggest single-day gain in seven months

China's yuan posted its biggest daily gain in seven months on Thursday, closing 0.3 percent firmer at 6.1976 per dollar after the central bank strengthened its guidance rate. The People's Bank of China set the midpoint rate at 6.1213 per dollar prior to m

Published 26 Dec, 2014 12:00am

JGBs gain, two-year debt sold at negative yield

Japanese government bond prices rose on Thursday, with longer-dated maturities supported as investors moved down the curve in search of higher yields. The benchmark 10-year yield dropped to as low as 0.315 percent, lowest since April 2013. March 10-year J

Published 26 Dec, 2014 12:00am

JGBs gain, two-year debt sold at negative yield

Published 26 Dec, 2014 12:00am

Russian rouble strengthens in thin trade

Russia's rouble strengthened on Thursday as exporters sold foreign currency in response to government pressure and to meet tax payments, but trading volumes were thin as many Western markets were closed for the Christmas Day holidays. At 0825 GMT, the rou

Published 26 Dec, 2014 12:00am

Poland welcomes "reasonably" weaker zloty currency

A "reasonable" weakening of the zloty currency may help Poland as it battles deflation and slowing exports, Finance Minister Mateusz Szczurek told Reuters. He also said in an interview that he saw a chance that Poland could exit European Union's excessive

Published 26 Dec, 2014 12:00am

BOJ deputy governor stresses weak-yen benefits, defends QQE

Bank of Japan Deputy Governor Kikuo Iwata on Thursday defended the bank's massive stimulus programme, stressing that the subsequent weakening of the yen would benefit companies and households in the long run through higher profits and wages. The central b

Published 26 Dec, 2014 12:00am

Yen gains versus dollar, euro in Christmas-thinned market

The Japanese yen rose on Thursday in extremely thin trade because of the Christmas holiday, but the dollar remained not far from the week's highs hit on diverging monetary policy outlooks. Tokyo markets were open for business as usual, giving Japanese exp

Published 26 Dec, 2014 12:00am

India sweat on Kumar for Boxing Day test

India may have to wait a little longer to see Bhuvneshwar Kumar in action in Australia as captain Mahendra Singh Dhoni indicated the seamer's injured ankle could keep him out of the third test at the Melbourne Cricket Ground, starting on Friday. The 24-ye

Published 26 Dec, 2014 12:00am

Debutant Burns to bat at six, Harris to play for Australia

Debutant Joe Burns will bat at number six and paceman Ryan Harris returns for Australia in the third Boxing Day Test against India, skipper Steve Smith said on Thursday. Smith, who won his first Test as captain as a replacement for the injured Michael Cla

Published 26 Dec, 2014 12:00am

Afghan women's cricket crushed by threats, bombs and tradition

The story of Afghan cricket is a rare bright spot in the troubled country's recent past, full of unlikely successes and glory that have helped unify a divided nation. Unless you're a woman player. A national women's cricket team formed in 2010 with some f

Published 26 Dec, 2014 12:00am

World is watching us, says Spurs' Pochettino

Tottenham Hotspur manager Mauricio Pochettino thinks the world will be watching the Premier League on Boxing Day, as he prepares to take his side to relegation-threatened Leicester City. The Argentinean got his first taste of England's hectic festive sche

Published 26 Dec, 2014 12:00am

SHC issues fresh notice to PWF official

The Sindh High Court (SHC) has issued fresh notice to the Pakistan Swimmers Federation Secretary, asking her to appear in court for flouting its order regarding submission of details of forthcoming domestic and foreign swimming events in court and making

Published 26 Dec, 2014 12:00am

Dutch sports car maker Spyker runs out of money

Dutch boutique sports-car maker Spyker, which once owned the struggling Saab marque, has declared bankruptcy after a financing deal fell through at the last minute. Spyker chief executive Victor Muller put a brave face on the crash, saying that the compan

Published 26 Dec, 2014 12:00am

Last-minute gift idea: 'Miami Vice' Ferrari on eBay for $1.75 million

Procrastinating holiday shoppers can now grab one of Miami's most iconic two-seaters: the all-white 1986 Ferrari Testarossa driven by TV cops "Sonny" Crockett and Ricardo "Rico" Tubbs in the hit 1980s series "Miami Vice." The car is available on eBay thro

Published 26 Dec, 2014 12:00am

Liverpool's Rodgers targets Burnley bounce

Liverpool manager Brendan Rodgers is confident his side can still go on to enjoy a successful season as they go in search of some Christmas cheer at Burnley on Friday. Liverpool are 10th in the Premier League and have no realistic chance of repeating last

Published 26 Dec, 2014 12:00am

Wenger backs Mertesacker ahead of QPR visit

Arsenal manager Arsene Wenger has defended under-fire centre-back Per Mertesacker ahead of his side's Premier League home game with Queens Park Rangers on Friday. Mertesacker was criticised after apparently ducking beneath the ball to allow Martin Skrtel

Published 26 Dec, 2014 12:00am

Cycling Trott and Kenny to become cycling's golden couple

British cycling Olympic gold medallists Laura Trott and Jason Kenny are engaged to be married, she tweeted on Thursday. Trott, 22, who won team pursuit and omnium gold at the London Olympics, said Kenny had given her the perfect Christmas present. "Merry

Published 26 Dec, 2014 12:00am

Premier League braced for bumper Boxing Day

While professional footballers in the rest of Europe sleep off their Christmas hangovers, the Premier League ploughs on regardless on Friday with a bumper schedule of traditional Boxing Day fixtures. For the first time in the 2014-15 season, all 20 Englis

Published 26 Dec, 2014 12:00am

Mauritania issues first apostasy death sentence

Mauritania has delivered its first death sentence for apostasy since independence in 1960, ordering capital punishment for a Muslim man who wrote an article deemed blasphemous of Islam. Mohamed Cheikh Ould Mohamed, aged in his late 20s, fainted when the r

Published 26 Dec, 2014 12:00am

Tunisia arrests blogger for 'defaming' army officers

Tunisian authorities have arrested a blogger who has been critical of the party of newly elected president Beji Caid Essebsi, as he returned home from France, his lawyer said Thursday. Yassine Ayari, 33, was detained overnight at Tunis-Carthage airport an

Published 26 Dec, 2014 12:00am

Saudi women drivers sent to 'terrorism' court

Two women's rights campaigners detained in Saudi Arabia have been transferred to a special tribunal for "terrorism", activists said on Thursday after the women appeared in court. The ruling came at a hearing in Al-Ahsa, in the kingdom's Eastern Province,

Published 26 Dec, 2014 12:00am

Swedish mosque: five injured after suspected arson attack

Five people were taken to the hospital Thursday after a suspected arson attack on a basement mosque in the Swedish city of Eskilstuna, police said. Two of the five were treated for smoke inhalation, two suffered cuts and one suffered a foot injury. None o

Published 26 Dec, 2014 12:00am

Syrian peace talks set to take place in Moscow next month

Peace talks between the Syrian government and the opposition could be held in Moscow next month, Russia's Foreign Ministry said Thursday. The talks are set to take place sometime after January 20, ministry spokesman Alexander Lukashevich said at a briefin

Published 26 Dec, 2014 12:00am

Sierra Leone declares five-day Ebola lockdown in north

Sierra Leone's government has declared a five-day lockdown in the country's north to step up efforts to contain the Ebola epidemic, while making an exception for Christmas. "Muslims and Christians are not allowed to hold services in mosques and churches t

Published 26 Dec, 2014 12:00am

Nigerian girl says her father handed her over to Boko Haram

A 13-year-old Nigerian girl said her father handed her over to the radical Islamist group Boko Haram to become a suicide bomber, local media reported Thursday. The girl spoke at a press conference organized by police on Wednesday, two weeks after she was

Published 26 Dec, 2014 12:00am

Fight in Iraq, Syria: Bosnia cleric accused of inciting followers

A Muslim cleric in Bosnia accused of encouraging his followers to fight with Islamic State militants in Syria and Iraq was charged with terrorism on Thursday, prosecutors said. Husein Bosnic, from Buzim in the country's north-west, was arrested in Septemb

Published 26 Dec, 2014 12:00am

Queen says fixing division in Scotland 'will take time'

Healing differences in Scotland after a divisive referendum that came close to splitting the United Kingdom this year will take time, Queen Elizabeth II said in her annual Christmas broadcast on Thursday. In a speech dedicated to the theme of reconciliati

Published 26 Dec, 2014 12:00am

Russia hopes to host Syria talks in January

Russia plans to host delegations from the Syrian opposition in late January, possibly followed by a visit by regime representatives that could bring the two sides together for talks, the foreign ministry said Thursday. Members of the Syrian opposition are

Published 26 Dec, 2014 12:00am

Police arrest officials in Israeli corruption probe

Israeli police have arrested more than two dozen current and former officials in a corruption probe, including several from the party of Foreign Minister Avigdor Lieberman, a police spokeswoman said Thursday. Local media reported that the investigation wa

Published 26 Dec, 2014 12:00am

Russia says Kiev's move to join Nato dangerous for Europe

Russian Foreign Minister Sergei Lavrov said Ukraine's pursuit of Nato membership posed a danger to European security and that the West was using Kiev's bid to join the Atlantic alliance as a way to fuel confrontation between Russia and Ukraine. The Kiev p

Published 26 Dec, 2014 12:00am

Shebab militants attack African Union base in Somalia

Shebab militants mounted an attack against the headquarters of the African Union force in Somalia on Thursday, with explosions and gunfire rocking the area, officials said. The African Union force said all of its personnel as well as UN staff were unharme

Published 26 Dec, 2014 12:00am

China urges Japan to pursue peace under new defence chief

China on Thursday called on Japan to pursue "peaceful development" under its new defence minister appointed this week after Prime Minister Shinzo Abe's re-election, as tensions simmer over a territorial dispute and wartime history. Abe on Wednesday appoin

Published 26 Dec, 2014 12:00am

Sudan orders senior UN officials to leave

Sudan has ordered two senior United Nations officials to leave, a UN staff member said Thursday, after a recent spike in tensions between Khartoum and the peacekeeping mission in Darfur. The UN resident co-ordinator and humanitarian coordinator Ali Zaatar

Published 26 Dec, 2014 12:00am

Lebanon's Hezbollah detains 'Israeli spy' in its ranks

Lebanon's Hezbollah has detained a senior party official it accused of spying for Israel and "sabotaging security operations" abroad, a source close to the movement said on Thursday. "Three months ago, Hezbollah's security apparatus detained a man named M

Published 26 Dec, 2014 12:00am

As world honours the dead, Indonesia begins tsunami memorials

Thousands of people held a memorial Thursday in Indonesia's Aceh province, the epicentre of the Indian Ocean tsunami, as the world prepared to mark a decade since a disaster that took 220,00 lives and laid waste to coastal areas in 14 countries. On Decemb

Published 26 Dec, 2014 12:00am

India's military hunts rebels after deadly attacks in remote state

India deployed military helicopters to hunt down tribal militants in the north-eastern state of Assam on Thursday after rebels killed 75 people this week, the deadliest in the remote area in years. Assam has a history of sectarian bloodshed and armed grou

Published 26 Dec, 2014 12:00am

Dozens of jihadists killed fighting Syria Kurds

At least 44 members of the Islamic State group were killed in clashes with Kurdish troops in Syria on Thursday, a monitoring group said. Thirty of the jihadists were killed fighting against members of the Kurdish People's Protection Units (YPG) in the vil

Published 26 Dec, 2014 12:00am

Iran censors 'offensive' Instagram pictures

Iran has started censoring images posted on photo sharing app Instagram, removing content deemed "offensive" as part of a government project to screen social networking accounts, local media reported Thursday. "The filtering of pages with immoral content

Published 26 Dec, 2014 12:00am

US cheers release of American in East Timor drugs case

The United States welcomed Thursday the release of an American woman held in East Timor jail for nearly two months after drugs were discovered in a taxi she was sharing. A post on a Facebook page dedicated to advocating the release of veterinarian Stacey

Published 26 Dec, 2014 12:00am

Taiwan leader sues radio host over illicit donations claim

Taiwan's President Ma Ying-jeou will file a lawsuit against a radio host for alleging that he accepted political donations from a company implicated in food safety scandals, his office said Thursday. Clara Chou accused Ma of accepting under-the-table fund

Published 26 Dec, 2014 12:00am

Steps being taken to expel illegal Afghan refugees immediately: Khattak

Khyber Pakhtunkhwa Chief Minister Pervez Khattak has said the government will take steps to immediately expel all illegal Afghan refugees. He said a mechanism would be evolved for honourable repatriation of legal Afghan refugees as soon as possible. "Simi

Published 26 Dec, 2014 12:00am

Unity to help eradicate terrorism: National Assembly deputy Speaker

Deputy Speaker, National Assembly, Murtaza Javed Abbasi, has said that coming on parliamentary parties and security agencies on the same page against terrorism would prove fruitful for the country and would bring maximum success in the eradication of terr

Published 26 Dec, 2014 12:00am

Fazl criticises propaganda against Madaris

JUI (F) Chief Maulana Fazlur Rehman has criticised propaganda against Deeni Madaris and said it was part of international agenda for character assassination of the religious institutions. He conceded that there is need for reforms in religious institution

Published 26 Dec, 2014 12:00am

'Develop apps and services to make a social difference'

Emrys Schoemaker is a communications expert in the consequences of technology adoption in societies and democracies, particularly communication technologies such as mobile phones and social media. He is the Director and co-founder of iMedia Associates, a

Published 26 Dec, 2014 12:00am

'Develop apps and services to make a social difference'

Published 26 Dec, 2014 12:00am

Balochistan leaders welcome speedy courts' set-up

The leaders of different political parties working in Balochistan appreciated Prime Minister Nawaz Sharif's step to establish speedy trial courts to deal with the menace of terrorism. Talking to APP, here on Thursday, Senior Provincial Minister and Presid

Published 26 Dec, 2014 12:00am

Minority's rights to be protected at any cost: President

President Mamnoon Hussain on Thursday said the government was determined to protect the rights of the minority community in line with the Constitution of Pakistan and no one would be allowed to commit injustice with them. "All citizens irrespective of the

Published 26 Dec, 2014 12:00am

Seafood export stagnates as undersized fishing continues

The Pakistan's seafood export has widely stagnated for the continuing unchecked undersized fishing, sending alarms of a complete derelict government that failed to regulate the fisheries sector, exporters said on Thursday. The country's seafood export sta

Published 26 Dec, 2014 12:00am

Three more children die of famine in Thar

Three more children died of drought in Thar on Thursday, taking the death toll to 248 in 85 days. A boy died in Para Village Colony due to the dearth of food whereas the Thar famine also claimed lives of one and half year old Abid and 20 days old Amina wh

Published 26 Dec, 2014 12:00am

Sindh chief minister reviews Benazir's death anniversary arrangements

Sindh Chief Minister Syed Qaim Ali Shah along with Speaker Sindh Assembly Agha Siraj Khan Durrani, MNAs, MPAs and high officials on Thursday visited Garhi Khuda Bakhsh Bhutto and Bhutto House, Naudero to review the final arrangements in connection with th

Published 26 Dec, 2014 12:00am

Security around US consulate beefed up

The adjoining roads leading to US Consulate in Karachi were blocked on Thursday in view of security threats on the Christmas Day. Stringent security arrangements were made as containers were placed on My Kolachi Road. The roads leading to churches in Gard

Published 26 Dec, 2014 12:00am

PJMA for replacing polypropylene bags with jute bags

After obtaining GSP Plus status the government is bound to take steps to reduce the carbon footprints by replacing hazardous products with environment-friendly substitutes like immediately replacing polypropylene bags with jute bags in all food grains inc

Published 26 Dec, 2014 12:00am

Sindh Governor inaugurates Dow University's IHM

Dow University of Health Sciences (DUHS) has established Institute of Health Management (IHM) to promote advance health services management through programs and research that provides outstanding practical education to students, create and disseminate app

Published 26 Dec, 2014 12:00am

JUI-F to hold World Peace moot next month

JUI-F Khyber Pakhtunkhwa has termed the Peshawar tragedy as worst terrorism and barbarism of the history and decided to hold World Peace and religious seminaries conference on January 15, 2015. A meeting of district Ameers, general secretaries and shura i

Published 26 Dec, 2014 12:00am

Results of HSC-I announced

The controller of Examination, Board of Intermediate and Secondary Education (BISE) Hyderabad announced the result of Higher Secondary Certificate Part-I (Class - XI) Science General, Pre-Medical and Pre-Engineering Groups of Annual Examination 2014. Acco

Published 26 Dec, 2014 12:00am

Rangers kill 9 militants, criminals in separate raids

Rangers on Thursday stepped up its operation against terrorists and criminals and claimed to have killed nine militants in targeted raids in different parts of the metropolis. According to Rangers Spokesman, the paramilitary troops on the basis of intelli

Published 26 Dec, 2014 12:00am

New Year Nights: Jamaat-i-Islami seeks ban on celebrations

Deputy Secretary General, Jamaat-i-Islami, Dr Farid Ahmed Piracha, has said the New Year Nights celebrations after the Peshawar tragedy would be the height of callousness. In a statement here on Thursday, he appreciated the Sindh government's ban in that

Published 26 Dec, 2014 12:00am

'Nation to take bold decisions to eliminate terrorism on permanent basis'

Punjab Chief Minister Shahbaz Sharif has said that the bold decisions taken by the national leadership with consensus against terrorism will result in elimination of this menace from the country on permanent basis. He said terrorists and extremists would

Published 26 Dec, 2014 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.78
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 10	5222.68
India Sensex / May 10	72664.47
Tokyo Nikkei / May 10	38229.11
Nasdaq / May 10	16340.87
Hang Seng / May 10	18963.68
FTSE 100 / May 10	8433.76
Dow Jones / May 10	39512.84
Germany DAX 30 / May 10	18772.85

Item	Value
Crude Oil USD/Barrel / May 10	78.26
Karachi Cotton PKR/37.32 KG / May 10	19935
Gold 10 Grams PKR / May 10	205075
Gold Spot USD/Ounce / May 10	2360.50
Cotton US¢/pound / May 10	77.31
Petrol/Litre / May 11	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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