News Archives for Print - 2015-11-23

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Print - 2015-11-23

The Weather

The weather report on Sunday (November 22, 2015) and the forecast for Monday (November 23, 2015).

Published 23 Nov, 2015 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (January to June 2015)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 23 Nov, 2015 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (November 16 to 20 2015).

Published 23 Nov, 2015 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 23 Nov, 2015 12:00am

EDB brings out second edition of directory

Engineering Development Board (EDB) has compiled a directory of engineering goods exporters 2015. The directory contains database of more than 170 exporters and reflects the efforts of EDB for effectively promoting engineering capabilities of the local in

Published 23 Nov, 2015 12:00am

DIA detects discrepancies amounting to Rs 37.13 billion

Directorate of Internal Audit (DIA) has detected massive discrepancies amounting to Rs 37.13 billion during last three years. According to a three-year performance report of the DIA, the Directorate has detected massive discrepancies amounting to Rs 37.13

Published 23 Nov, 2015 12:00am

Neurology department established at LGH

In compliance of the orders of Chief Minister Punjab Muhammad Shahbaz Sharif, a new department of Neurology has been established at Lahore General Hospital in order to provide every possible medical facility to the patients of Epilepsy and muscles problem

Published 23 Nov, 2015 12:00am

Backyard farming: business community for developing policy

The business community of southern Punjab has proposed to the government to develop a policy to attract the country's middle-class to engage in backyard farming. They said that the US govt has been protecting farmers against unpredictable hardships such a

Published 23 Nov, 2015 12:00am

IGP reviews security for Chehlum

Inspector General of Police, Sindh, Ghulam Haider Jamali, on Sunday directed the field officers to conduct regular surveillance of procession routes, parking points and enhance police patrolling, snap checking, picketing and advance intelligence collectin

Published 23 Nov, 2015 12:00am

'Pakistan is facing challenges of security, stability'

Pakistan is facing security and stability challenges due to threats from its borders and from 'Daesh'. Terrorist attacks in Pakistan in the recent past indicate Daesh involvement. Nation should unite and build enough strength to defeat the sinister design

Published 23 Nov, 2015 12:00am

Six alleged terrorists held

Sindh Rangers on Sunday arrested six alleged terrorists associated with a banned organisation here. The spokesman for Rangers said that the paramilitary troops responding to an intelligence report conducted a raid in Baldia's Ittehad Town.

Published 23 Nov, 2015 12:00am

Man allegedly kills minor daughter

A merciless man on Sunday allegedly tortured to death his minor daughter over domestic disputes here on Sunday. Police arrested the accused. Police said that accused Imran hailing from Surjani Town area had developed some differences with his wife, tortur

Published 23 Nov, 2015 12:00am

People would love to see TCS in the stock market: President and CEO, TCS Holdings Limited

M.A. Mannan is the President and CEO of TCS Holdings Limited bringing with him over 22 years of business experience, both locally and internationally. Prior to joining TCS, Mannan served as the Executive Director at Silkbank where he was responsible for I

Published 23 Nov, 2015 12:00am

People would love to see TCS in the stock market: President and CEO, TCS Holdings Limited

Published 23 Nov, 2015 12:00am

Profound situation

It looks more countries are going to be added to the list of seven countries-Iraq, Iran, Lebanon, Libya, Sudan, Somalia and Iran-that the US is said to have selected to be destroyed in less than 10 years following the terrorist attacks on the World Trade

Published 23 Nov, 2015 12:00am

Syrian war likely to dominate Putin's visit to Iran

Russian President Vladimir Putin will visit Tehran Monday for talks sure to sharpen attention on his alliance with Iran in Syria after the Islamic State group's deadly attacks in Paris. The trip coincides with a major summit in Iran's capital of gas expor

Published 23 Nov, 2015 12:00am

CPEC: Opportunity and potential

The much touted China-Pakistan Economic Corridor (CPEC) is stirring up a lot of commotion as well as parleys in many circles from various walks of life. Even the indigenous population of Gwadar has opinions ranging from extreme positives to negatives. The

Published 23 Nov, 2015 12:00am

Currency

PKR depreciation

This is the second and last part of a two-part series focusing on the reasons for the November 2015 rupee decline.

Published 23 Nov, 2015 12:00am

Sell-off process marred by property disputes

According to a Business Recorder exclusive, state-owned entities engaged in property disputes are a major impediment to the success of the government's privatisation plan. Faisalabad Electric Supply Corporation (Fesco), Pakistan Steel Mills (PSM) a

Published 23 Nov, 2015 12:00am

Fiscal deficit target

Finance Minister, Ishaq Dar, often boasts about the reduction in fiscal deficit during the tenure of present PML (N) government. However, it would be somewhat irritating for him to know that some analysts and think tanks don't agree with his assertions. I

Published 23 Nov, 2015 12:00am

Don't change your holiday plans: US Homeland Security

US Secretary of Homeland Security Jeh Johnson on Sunday urged Americans to not change their plans for the upcoming Thanksgiving weekend holiday despite the recent terror attack in Paris. "We have no specific credible intelligence about a threat of the Par

Published 23 Nov, 2015 12:00am

China says US guilty of 'political provocation' in South China Sea

China said on Sunday that the United States was making political provocations with its patrols in the disputed South China Sea, as tensions around the strategic waterways mount. China will continue to construct military facilities on artificial islands it

Published 23 Nov, 2015 12:00am

Three Palestinian attackers killed as civilians intervene

Three Palestinians, including a teenager, attacked Israelis with knives and a car in the occupied West Bank Sunday and were killed when civilians and security forces intervened. After the latest attacks in a nearly two-month wave of violence, an Israeli w

Published 23 Nov, 2015 12:00am

Russia says kills 11 militants who had sworn allegiance to IS

Russian security services have killed 11 Islamist militants who had been helping smuggle fighters across borders to Syria to join Islamic State, the country's anti-terrorism committee said. It said the militants were holed up in a fortified base in a wood

Published 23 Nov, 2015 12:00am

Conditions worsen for migrants denied passage across the Balkans

Conditions for hundreds of migrants stuck on Balkan borders worsened on Sunday as temperatures dropped and a first smattering of snow fell. Countries along the Balkan route taken by hundreds of thousands of migrants seeking refuge in western Europe last w

Published 23 Nov, 2015 12:00am

Argentina votes on big economic, political change

Argentines voted Sunday in an unprecedented presidential runoff that could end 12 years of leftist government and see the pro-business opposition seize command of Latin America's third-biggest economy.

Published 23 Nov, 2015 12:00am

Nearly 2 million children in Sudan malnourished

Some two million Sudanese children under five suffer from malnutrition every year, UNICEF's representative said on Sunday, urging the international community to boost funding to tackle the problem. Of those two million, nearly 550,000 children have life-t

Published 23 Nov, 2015 12:00am

North Korea threatens South Korea ahead of island shelling anniversary

Five years after North Korea fired shells on to a South Korean island, Pyongyang vowed on Sunday to retaliate mercilessly should Seoul hold fire drills near the border on the anniversary.

Published 23 Nov, 2015 12:00am

KP granting model status to all existing colleges: Ghani

Special Assistant to KP Chief Minister on Information and Higher Education, Mushtaq Ahmad Ghani has said that the provincial government is converting all existing colleges into model colleges in the province. He was addressing a function held in connectio

Published 23 Nov, 2015 12:00am

Government urged to provide protection to doctors

Represen-tatives of Pakistan Medical Association (PMA) have urged the government to provide the protection to doctor community and detain culprits involved in the killing of doctors in the country.

Published 23 Nov, 2015 12:00am

Rally condemns hangings in Bangladesh

Pak Muslim Alliance (PMA) staged a rally on Sunday to protest the hangings of pro-Pakistan politicians in Bangladesh. The protestors marched from Regal Chowk to Karachi Press Club (KPC) to register their protest against the executions of Salah Uddin Qadir

Published 23 Nov, 2015 12:00am

FBR's IT system not responding to new filers

The Federal Board of Revenue (FBR) electronic system is not permitting new filers of income tax returns to generate Payment Slip (PSID) and pay tax merely on the basis of computerised national identity card numbers (CNICs).

Published 23 Nov, 2015 12:00am

PDMA asks district admin to re-open road

Provincial Disaster Management Authority (PDMA), Khyber Pakhtunkhwa has directed district administration for making emergency arrangements for the opening of road closed due to landslide at Pouna, district Abbottabad. According to PDMA spokesman, Latif-ur

Published 23 Nov, 2015 12:00am

Budgetary targets: IRAOs urge FBR chief to provide equal opportunity to all

Inland Revenue Audit Officers Association (IRAOs) has requested new Chairman FBR Nisar Muhammad Khan to provide equal opportunity to all IRAOs to play their vital role in achieving the budgetary targets set by the FBR.

Published 23 Nov, 2015 12:00am

MBBS, BDS courses LUMHS holds entry test

The Entry Test for the admissions in the course of MBBS and BDS (session 2015-2016) in Liaquat University of Medical & Health Sciences Jamshoro was conducted at LUMHS Campus Jamshoro on Sunday.

Published 23 Nov, 2015 12:00am

Execution of two leaders in Bangladesh: JI to observe 'Black Day' today

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has termed today (Monday) as a Black Day as two senior Islam-loving leaders including Secretary General, JI, Ali Hasan Mujahid, Bangladesh, were executed in Bangladesh for their love for Pakistan an

Published 23 Nov, 2015 12:00am

Antarctic ice melt may add less to ocean rise than thought

Melting Antarctic ice will contribute to soaring sea levels, but new estimates show the threat may be less serious than once thought, researchers said. Previous estimates had been for retreating ice around the South Pole to add as much as a metre (three f

Published 23 Nov, 2015 12:00am

Alarming new 'superbug' gene found in animals, people in China

A new gene that makes bacteria highly resistant to a last-resort class of antibiotics has been found in people and pigs in China - including in samples of bacteria with epidemic potential, researchers said on November 18.

Published 23 Nov, 2015 12:00am

First map showing world's hidden groundwater found

The first map showing the world's hidden groundwater was published on November 16, bringing us closer to estimating how much there is, and when it will run out if we over-use the resource.

Published 23 Nov, 2015 12:00am

Many children with cancer were born at risk: study

Gene sequencing of more than 1,000 children and adolescents diagnosed with cancer found that as many as 8.5 percent were born with genes that increase their risk of developing cancer, US researchers said on November 18. Of the children with cancer risk ge

Published 23 Nov, 2015 12:00am

New global heat records set for October

Last month was the hottest October in modern history and the first 10 months of the year have also set new records for world-wide warmth, US government scientists said. The latest data means that 2015 is firmly on pace for being the most scorching since 1

Published 23 Nov, 2015 12:00am

Alcoholism drug may help design HIV cure

A treatment for alcoholism can reactivate dormant HIV, potentially allowing other drugs to spot and kill the virus hiding out in human immune cells, researchers said. The medication, called Disulfiram, draws out the AIDS-causing virus without any side eff

Published 23 Nov, 2015 12:00am

What is global warming?

Soon, the world will gather in Paris to forge a global pact to reduce greenhouse gas emissions blamed for dangerous levels of global warming.

Published 23 Nov, 2015 12:00am

Clothes smarter than you are: welcome to the future

Wish there was a gadget able to transform your boring office uniform into a party outfit, or even a device that guides you straight to new friends?

Published 23 Nov, 2015 12:00am

Google Calendar can now resurrect deleted appointments

Google Calendar users who accidentally delete appointments can now bring them back, thanks to an enhancement of the trash functionality for the Calendar app and the web-based Calendar. The first time a user deletes an event, an email will be sent explaini

Published 23 Nov, 2015 12:00am

Alphabet revamps Google+ online social network

US Internet colossus Alphabet on Tuesday revamped Google+ online social network focused on people's interests, and tuned for smartphones or tablets.

Published 23 Nov, 2015 12:00am

Looking for a job? Online is where it's at

For Americans looking for a job, the Internet is an important, and often an essential resource. A Pew Research Centre report released Thursday found 54 percent of US adults have gone online to look for job information and 45 percent have applied for a job

Published 23 Nov, 2015 12:00am

Smart button to bring old appliances into the internet age

For all the hype about the internet of things - the idea that household appliances will one day be able to communicate wirelessly with one another - a lot of people are stuck with their old, unconnected appliances that most definitely can't be controlled

Published 23 Nov, 2015 12:00am

Windows 10 privacy settings should be tweaked

Customising privacy settings in software can be such a nuisance that most people don't bother, which is why Windows 10 knows a surprising amount about its users world-wide. Critics have accused Microsoft of putting a snooper in every home, but in fact, th

Published 23 Nov, 2015 12:00am

Ericsson sees video driving tenfold rise in mobile data by 2021

Swedish telecoms network gear maker Ericsson raised its forecast for mobile data traffic, in a further boost to companies that benefit from rising numbers of consumers viewing online videos on platforms such as YouTube and Netflix.

Published 23 Nov, 2015 12:00am

'Huge' opportunity as five billion to go online by 2020: Google

The world's online population will double to five billion by 2020 presenting "huge" business opportunities for tech start-ups on the cutting edge of the unprecedented expansion, the head of Google Europe said Thursday. "The connected population is going t

Published 23 Nov, 2015 12:00am

Privacy portal advice: delete metadata before putting photos online

Digital photographs carry a host of extra data with them: everything from the brand of smartphone employed to the exposure date and location where the photo was taken.

Published 23 Nov, 2015 12:00am

Gmail now suggests complete email answers to users

Gmail is now offering to reply to mail in your inbox on your behalf, providing a menu of suggested responses to emails for the user to choose from. Like autocorrect, the options available are sometimes wildly different from what the user was intending to

Published 23 Nov, 2015 12:00am

Facebook tests tools for dealing with former loves

The online social network devoted to making the world more connected on Thursday began helping couples break up. Facebook began testing tools that curtail how much ex-partners see of one another and their posts at the social network, according to product

Published 23 Nov, 2015 12:00am

Kerb

Facebook 'safety check' at the ready

A Facebook tool that let people check whether friends were safe will be used more widely in the future, the social network said.

Published 23 Nov, 2015 12:00am

Target raises earnings forecast after profit rises

Target Corp on November 18 reported a bigger-than-expected increase in quarterly profit as revenue got a boost from online sales and strong growth in product categories at the centre of its turnaround plan.

Published 23 Nov, 2015 12:00am

Target raises earnings forecast after profit rises

Published 23 Nov, 2015 12:00am

Currency

Danone aims for sales growth exceeding five percent by 2020

French food group Danone unveiled on November 14 new sales growth targets as it vowed to bolster the profitability of its struggling dairy division. The world's largest yoghurt group is aiming for organic sales growth - which excludes acquisitions and cur

Published 23 Nov, 2015 12:00am

Currency

Danone aims for sales growth exceeding five percent by 2020

Published 23 Nov, 2015 12:00am

Aramco Trading Co expands operations into Singapore

Aramco Trading Company, a subsidiary of oil giant Saudi Aramco, has started a Singapore office to market oil products, joining a growing number of companies setting up shop in the city-state, industry sources said. The firm has so far hired Nader Al-Arfaj

Published 23 Nov, 2015 12:00am

TSMC CEOs to hike capex in 2016 while rivals splash out on M&As

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) aims to boost capital expenditure next year but doesn't plan to get caught up in the wave of M&As engulfing the industry, the chief executives of the world's largest contract chipmaker said.

Published 23 Nov, 2015 12:00am

Statoil pulls out of Alaskan Arctic after Shell

Norway's Statoil said on November 17 it was giving up its exploration licences in Alaska after its Anglo-Dutch rival Shell threw in the towel in September because of disappointing oil and gas finds.

Published 23 Nov, 2015 12:00am

More than $1 billion in 'skips' hit UAE banks

Banks in the United Arab Emirates are working together to try to stem the number of small business owners fleeing the country with unpaid debt, a trend that has already reached around 5 billion dirhams ($1.4 billion) this year, a senior banking official s

Published 23 Nov, 2015 12:00am

Singapore Exchange aims to launch bond trading platform in first quarter

Singapore Exchange Ltd (SGX) is looking to launch a corporate bond trading platform in the first quarter of 2016 as it seeks to expand its product suite in an effort to boost revenue, its CEO said.

Published 23 Nov, 2015 12:00am

Singapore Exchange aims to launch bond trading platform in first quarter

Singapore Exchange Ltd (SGX) is looking to launch a corporate bond trading platform in the first quarter of 2016 as it seeks to expand its product suite in an effort to boost revenue, its CEO said.

Published 23 Nov, 2015 12:00am

Alcatel buy will increase 5G firepower: Nokia CEO

Nokia's planned take-over of rival network gear maker Alcatel-Lucent will give it far greater scope to invest in new technologies like 5G mobile equipment while cutting costs, its chief executive said on November 18. Rajeev Suri also told Reuters in an in

Published 23 Nov, 2015 12:00am

Boult 'on track' to play third Test

Paceman Trent Boult is on track to play against Australia in this week's first-ever day-night Test in Adelaide, team officials insisted Sunday. The 26-year-old failed to bowl in this weekend's day-night tour match against a Western Australia XI in Perth,

Published 23 Nov, 2015 12:00am

English players rise in ICC ranking after routing Pakistan 3-1

England's commanding performance in the ODI series against Pakistan is clearly reflected in the latest ICC ODI Player Rankings, which has seen a number of its players make upward movements. In the ICC Player Rankings for ODI batsmen, England's Jos Buttler

Published 23 Nov, 2015 12:00am

McIlroy wins European season finale, tops money list again

Rory McIlroy won Dubai's DP World Tour Championship on Sunday, overhauling overnight leader Andy Sullivan with four birdies on the back nine to also be crowned Europe's top money earner for a third year in four. McIlroy carded a final round 66 to end with

Published 23 Nov, 2015 12:00am

ICC to explore Olympic inclusion for cricket

Cricket's administrative body Sunday said that after a positive meeting with the officials of the International Olympic Committee it will explore ways to remove hurdles for the sport's inclusion at the Summer Games.

Published 23 Nov, 2015 12:00am

ICC president hails concept of day-night Tests

The president of cricket's governing body Sunday hailed the concept of day-night Test matches, days before Australia play New Zealand in the first-ever such match.

Published 23 Nov, 2015 12:00am

Napoli go top as Empoli hold Fiorentina

Title-chasing Napoli were left provisionally top of Serie A thanks to superior goals difference Sunday after a Nikola Kalinic-inspired Fiorentina were held 2-2 by Empoli in Florence. Earlier, Gonzalo Higuain hit his 10th goal of the campaign to take the l

Published 23 Nov, 2015 12:00am

Britain's Davis Cup team delay departure for Belgium

Britain's Davis Cup team delayed their departure to Belgium by 24 hours on Sunday after Brussels went on maximum alert amid a search for armed Islamist extremists and fears of imminent attacks. A spokesman for the Lawn Tennis Association (LTA) said the te

Published 23 Nov, 2015 12:00am

Bopanna misses out on Tour Finals title

India's Rohan Bopanna and his Romanian doubles partner Florin Mergea missed out on the ATP Tour Finals title after suffering a 6-4, 6-3 defeat against Jean-Julien Rojer and Horia Tecau in Sunday's final. Bopanna and Mergea had hoped to cap a memorable fir

Published 23 Nov, 2015 12:00am

Kane brace sets Spurs on Arsenal's tail

Harry Kane scored his seventh and eighth goals in five matches as Tottenham Hotspur dispatched West Ham United 4-1 on Sunday to close on the Premier League's top four. Defenders Toby Alderweireld and Kyle Walker also found the net at a chilly White Hart L

Published 23 Nov, 2015 12:00am

Aamir shines as Bangladesh's scandal-hit twenty20 tournament resumes

Disgraced cricketer Mohammad Aamir dazzled in his first match outside Pakistan in five years as Bangladesh's scandal-hit Twenty20 tournament resumed Sunday. The tournament was stopped after its second edition in 2013 due to match-fixing allegations, while

Published 23 Nov, 2015 12:00am

India, Pakistan deadlock continues on cricket series

The deadlock over a proposed series between arch-rivals India and Pakistan continued despite a meeting between the heads of the two boards in Dubai on Sunday, described as "fruitful" but without a breakthrough.

Published 23 Nov, 2015 12:00am

Monetary policy risks becoming ineffective in low growth world: ECB's Coeure

Monetary policy risks becoming ineffective in a world where growth is sluggish, economies are deeply interconnected and interest rates are already near zero, a top European Central Bank policy maker said on Saturday.

Published 23 Nov, 2015 12:00am

Algeria sees energy earnings, reserves dropping sharply in 2016

Algeria's energy earnings are forecast to fall to $26.4 billion next year while foreign exchange reserves will dip to $121 billion after low oil prices cut into the OPEC nation's economy, Finance Minister Abderrahmane Benkhalfa said on Sunday.

Published 23 Nov, 2015 12:00am

Retailers cautious ahead of US holiday shopping season

Lackluster earnings reports from retailers have raised questions about whether the 2015 holiday shopping season will bring as much of a boost to the US economy as hoped. Apparel giant Gap and kitchen and home furnishings chain Williams-Sonoma late this we

Published 23 Nov, 2015 12:00am

Dana Gas says wins UK court ruling for $100 million Kurdistan payment

United Arab Emirates energy firm Dana Gas, one of the largest investors in Iraq's Kurdistan region, on Sunday said the British High Court had ordered the Kurdish regional government to pay Dana's consortium $100 million within 14 days. The decision reinfo

Published 23 Nov, 2015 12:00am

Currency

Swiss central bank criticised as economy takes franc hit

The Swiss National Bank should make more efforts to protect Switzerland's economy from the impact of an overvalued franc, economists told several Swiss newspapers. The SNB abandoned its cap on the franc in January and is instead using negative interest ra

Published 23 Nov, 2015 12:00am

US pushes China on market access, little progress seen

The United States pushed China for greater market access at annual trade talks in China on Sunday, though few breakthroughs are expected amid tensions over cyber hacking and rules that could hamper foreign tech firms.

Published 23 Nov, 2015 12:00am

Venezuelan oil minister says OPEC cannot allow a price war

OPEC cannot allow an oil price war and must take action to stabilise the crude market soon, Venezuelan oil minister Eulogio del Pino said on Sunday.

Published 23 Nov, 2015 12:00am

Spanish economic growth improved from third quarter in October

Spain's economic output picked up in October from the third quarter, when it posted one of the fastest growth rates in the euro zone, Economy Minister Luis de Guindos said in a newspaper interview published on Sunday.

Published 23 Nov, 2015 12:00am

Currency

Egypt's GB Auto urges support for industry to avert future crisis

Egypt's largest car assembler and distributor GB Auto says it is pushing ahead with its expansion plans despite a dollar shortage that disrupted production this year, and urged the government to support manufacturing to avert future crises.

Published 23 Nov, 2015 12:00am

Libor

Government of Oman marketing $1 billion five-year loan to banks

The government of Oman has invited banks to participate in a $1 billion sovereign loan, two sources aware of the matter said on Sunday, as the Gulf country seeks funds at a time of stretched state finances due to lower oil prices.

Published 23 Nov, 2015 12:00am

Fed may need permanently big balance sheet: Williams

The US Federal Reserve and other global central banks may need to consider new tools in a world of permanently lower interest rates, including keeping big balance sheets or using negative interest rates to combat shocks, a top Fed official said on Saturda

Published 23 Nov, 2015 12:00am

China offers $10 billion in infrastructure loans for Southeast Asia

China is offering $10 billion in infrastructure loans to Southeast Asian countries, a senior foreign ministry official said on Sunday. The world's second-largest economy will also provide aid worth 3.6 billion yuan (US $560 million) to underdeveloped stat

Published 23 Nov, 2015 12:00am

Currency

Weak currency undermines Singapore's safe-haven bonds

Singapore is one of the world's few sovereign states with a triple-A credit rating on its debt, but its sliding currency is causing the country's government bonds to behave more like those from riskier emerging markets.

Published 23 Nov, 2015 12:00am

Currency

Weak currency undermines Singapore's safe-haven bonds

Published 23 Nov, 2015 12:00am

Mutual Funds

Fund managers face a little trouble with big China

China is heading for such dominance in the world's main emerging market stock index that investors are scrambling for ways to water down the too-many-eggs-in-one-basket risk. Among the options on offer are standalone China-dedicated funds and even trying

Published 23 Nov, 2015 12:00am

Mutual Funds

Fund managers face a little trouble with big China

Published 23 Nov, 2015 12:00am

Currency

Egyptian pound steady

Egypt's central bank kept the pound steady at 7.7301 to the dollar at its official foreign currency auction on Sunday, less than two weeks after surprising the market by strengthening it. The central bank sold 37.8 million dollars at a cut-off price of 7.

Published 23 Nov, 2015 12:00am

China to sell dim sum bond in Hong Kong

China will sell 10 billion yuan ($1.57 billion) worth dim sum bonds via the Hong Kong Monetary Authority's Central Moneymarkets Unit platform this Thursday, the city's de-facto central bank said on Friday.

Published 23 Nov, 2015 12:00am

China to sell dim sum bond in Hong Kong

Published 23 Nov, 2015 12:00am

Saudi Arabia's index bounces further from chart support; Egypt edges up

Saudi Arabia's stock market bounced further from a technical support level on Sunday but other Gulf bourses were little changed. Egypt's market edged up. The Saudi stock index has been rebounding in the last few days from support at November's two-year lo

Published 23 Nov, 2015 12:00am

Inflation figures, US data in focus for Tokyo investors

Investors will keep tabs on Japanese inflation figures and hints of supportive government policy next week for key trading cues, as well as the latest US economic data. The United States is slated to release revised third quarter gross domestic product fi

Published 23 Nov, 2015 12:00am

Bangladesh's interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 78.86-78.86 (previous 78.81-78.83). 02.50-04.50 percent (Previous 02.50-04.50 percent).

Published 23 Nov, 2015 12:00am

Currency

Australian, New Zealand dollar forecasts a little less bearish

Analysts remain bearish on the outlook for the Australian and New Zealand dollars, but the majority view was the commodity currencies would not have much further to fall. The survey, however, was taken before US Federal Reserve officials this week stoked

Published 23 Nov, 2015 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	278.27
USD PKR Interbank Buying / May 14	278.07
USD to Japanese Yen / May 14	156.42
USD to Swiss Franc / May 14	0.91
Pound Sterling to USD / May 14	1.26
Euro to USD / May 14	1.08

Stock	Volume
S&P 500 / May 13	5221.42
Nasdaq / May 13	16388.24
Dow Jones / May 13	39431.51
India Sensex / May 14	72853.85
Tokyo Nikkei / May 14	38227.19
Hang Seng / May 14	19120.21
FTSE 100 / May 14	8427.64
Germany DAX 30 / May 14	18697.64

Item	Value
Karachi Cotton PKR/37.32 KG / May 13	19935
Crude Oil USD/Barrel / May 14	79.23
Gold 10 Grams PKR / May 14	207733
Gold Spot USD/Ounce / May 14	2344.20
Cotton US¢/pound / May 14	77.55
Petrol/Litre / May 15	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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