News Archives for Print - 2016-04-23

Print - 2016-04-23

Currency

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Friday (April 22, 2016).

Published 23 Apr, 2016 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (April 22, 2016).

Published 23 Apr, 2016 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (April 22, 2016).

Published 23 Apr, 2016 12:00am

Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (April 22, 2016).

Published 23 Apr, 2016 12:00am

Currency

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (April 22, 2016).

Published 23 Apr, 2016 12:00am

Exchange

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (April 22, 2016).

Published 23 Apr, 2016 12:00am

Exchange

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi

Published 23 Apr, 2016 12:00am

Exchange

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 23 Apr, 2016 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 23 Apr, 2016 12:00am

Melissa McCarthy and 'The Boss'

Melissa McCarthy's star power lifted "The Boss" to an estimated $23.5 million opening weekend despite bad reviews and rough word-of-mouth for the R-rated comedy.

Published 23 Apr, 2016 12:00am

BRIDGE NOTES: Once you think of it

Bridge is a game that has many levels. From the beginners level to that of an expert, the dimension of Bridge keeps growing. While the various bidding gadgets of advanced systems give the bidding a sophisticated edge over the outdated ones, the advanced d

Published 23 Apr, 2016 12:00am

Wonder Woman leads the fierce females of 'Batman v Superman'

"Batman v Superman: Dawn of Justice" is centered on the clash of two of the most recognisable caped heroes of the comic book world but it is the women of the DC Comics universe who defy expectations.

Published 23 Apr, 2016 12:00am

Bollywood films don't always need a song and dance: Shah Rukh Khan

The Indian film industry is changing and films no longer have to have a song and dance sequence to be successful, Bollywood superstar Shah Rukh Khan said last Wednesday.

Published 23 Apr, 2016 12:00am

Pixar's 'Finding Dory' banks on Nemo's enduring appeal

With the phenomenal box office achievements of "Finding Nemo" a fading memory, Pixar is attempting to succeed where many studios have failed - with a hit sequel years after the original.

Published 23 Apr, 2016 12:00am

Italy's hatmaker to the stars looks to roots for revival

From Humphrey Bogart's fedora in "Casablanca" to Harrison Ford's lucky headgear in the Indiana Jones series, Italy's Borsalino has been credited with producing some of the coolest hats in history. Michael Jackson loved them, trend-setting music star Pharr

Published 23 Apr, 2016 12:00am

Lights, camera, action! Charlie Chaplin museum springs to life

Imagine moving along the cogs within giant machinery like Charlie Chaplin in "Modern Times", or tumbling inside a cabin teetering on the edge of a cliff as he did in "Gold Rush". That will be possible when an ambitious, immersive museum showcasing the lif

Published 23 Apr, 2016 12:00am

A century old and still coveted by journalists: the Pulitzer Prize

The film industry has its Oscars, the music industry its Grammys. For the news media, it's the Pulitzer Prizes. American newspapers are accorded no greater honour than the gold medal in the category Public Service, but journalists, photographers, writers,

Published 23 Apr, 2016 12:00am

Mugged abroad? - Some tips on how to prevent or limit the damage

Any number of things can go wrong when you're travelling, and sometimes they can be truly ugly. One example: getting mugged. In some popular travel countries the crime rate is higher, and so it is advisable to take a few precautions in advance. But also r

Published 23 Apr, 2016 12:00am

Halal makeup: Muslim beauty without the beast

A bearded imam may have seemed out of place at this week's In-Cosmetics expo in Paris, an annual showcase for the world's leading beauty and personal care products. But Shaikh Ali Achcar's presence points to a growing demand for makeup that adheres not ju

Published 23 Apr, 2016 12:00am

ART FACTS: Sprightly, sparkling and vivacious

Captivating the viewers by their rich colour palette and bold compositions the paintings by Salman Farooqi at Art Citi Gallery, Karachi exuded refreshing energy. He combined physical and mental energy with a wholehearted and joyous approach to situations

Published 23 Apr, 2016 12:00am

KARACHI CHRONICLE: World Book Day

Today is World Book Day, the UNESCO established it as annual feature in April 23, 1995 to promote reading habits and publishing. This year the National Book Foundation (NBF) organised a National Book Day Festival, celebrated throughout Pakistan from April

Published 23 Apr, 2016 12:00am

The Chinese dream

The Present-day political entity of China was born of people's revolution in the middle of the 20th Century. It would be interesting to map out its first century and project its shape and place in 2050. The history of Chinese civilisation grew in parallel

Published 23 Apr, 2016 12:00am

Exchange

Daily trading report of PMEX

On Thursday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 16,082 million. The number of lots traded was 86.68 million. PMEX Commodity Index closed at 2,798. Major business was contributed by gold amounting to PKR 14,642 million followed by

Published 23 Apr, 2016 12:00am

Vegetable Oil

Indonesia's March palm oil output set to fall

Indonesia's crude palm oil (CPO) production is expected to fall to its lowest level in 13 months in March as a drought caused by an El Nino weather event continues to curb output, according to a Reuters survey. March CPO production could fall for a sevent

Published 23 Apr, 2016 12:00am

US Midwest corn and soya basis weaker

pot corn and soyabean basis bids were generally steady to weak around the US Midwest on Wednesday as surging futures prices for both generated more active farmer selling, grain merchants said. "The phones haven't been quiet but the basis has been. There's

Published 23 Apr, 2016 12:00am

US FOB Gulf soyabean offers rise

Soyabean export premiums for shipments from the US Gulf Coast jumped on Wednesday along with higher CIF barge basis values, rising prices in Brazil and heavy harvest-time rains in Argentina, traders said. CIF soyabean basis bids gained as much as 5 cents

Published 23 Apr, 2016 12:00am

EU wheat crop looking good after mild winter

The European Union's wheat crop is developing well after a mild winter and Europe is on course for a good harvest but below last year's record, experts said on Wednesday. "Poland is the main problem area but otherwise the picture is broadly looking good,"

Published 23 Apr, 2016 12:00am

Activities at Karachi and Qasim ports

The Karachi Port handled 156,935 tonnes of cargo comprising 137,198 tonnes of import cargo and 19,737 tonnes of export cargo including 7,359 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 137

Published 23 Apr, 2016 12:00am

Cotton

Cotton market: quality lint rates continue to surge

No respite was seen in increase of quality lint prices on the cotton market on Friday, dealers said. The official spot rate was unchanged at Rs 5,500 dealers said. In the Punjab, seed-cotton prices were at Rs 3000 and Rs 3200, they said. In the ready busi

Published 23 Apr, 2016 12:00am

No change on grain market

According to the Daily Market Report, not a single change was seen on the local commodity market and oil seeds market on Friday.

Published 23 Apr, 2016 12:00am

US Plains HRW wheat bids little changed

Hard red winter (HRW) cash basis bids were little changed in the southern US Plains on Wednesday as farmers watched as futures prices gained, led by strong corn and soybean markets, said merchandisers. "Producer selling was pretty firm today with the high

Published 23 Apr, 2016 12:00am

Chinese Internet mogul pledges $2 billion donation

The founder of China's Internet giant Tencent will donate $2 billion in shares to charity, the company said - one of the largest gifts ever given in a country whose new super-rich have no tradition of philanthropy. Pony Ma, Tencent's chief executive, will

Published 23 Apr, 2016 12:00am

Caterpillar cuts 2016 sales, earnings outlook, first quarter profit slumps

Caterpillar Inc on Friday chopped its 2016 earnings outlook and posted a lower first-quarter operating profit, reeling from a fall in revenue in its construction, oil and gas and rail business segments. Caterpillar now expects 2016 earnings per share at $

Published 23 Apr, 2016 12:00am

Caterpillar cuts 2016 sales, earnings outlook, first quarter profit slumps

Published 23 Apr, 2016 12:00am

Australia business more positive on outlook, investment

Australian businesses have defied wild volatility in global financial markets and become steadily more upbeat on the outlook for the economy and investment, a survey reported. National Australia Bank's quarterly survey of businesses confirmed the momentum

Published 23 Apr, 2016 12:00am

Netflix's global push seen needing local touch

Netflix Inc is thinking global but needs to act more local to realize its full potential, analysts said after the company's subscriber forecasts came up short of expectations. The company's high-flying stock, up by a third in the past 12 months, closed do

Published 23 Apr, 2016 12:00am

Currency

Mexican inflation remains below central bank target

Mexico's annual inflation rate rose less than expected in the first half of April, remaining below the central bank's target and giving policymakers room to keep interest rates unchanged. Inflation in the 12 months through mid-April was 2.60 percent, the

Published 23 Apr, 2016 12:00am

Exchange

India's Reliance posts 16 percent profits rise

India's Reliance Industries on Friday reported a 16 percent rise in quarterly net profit, boosted by improving margins from its key oil refining business. The Mumbai-based firm owned by Mukesh Ambani, India's wealthiest man, said consolidated net profit f

Published 23 Apr, 2016 12:00am

Exchange

India's Reliance posts 16 percent profits rise

Published 23 Apr, 2016 12:00am

Currency

Cuba to cut prices on some consumer goods

Cuba on Friday will lower the price of some basic household goods at thousands of state-run hard currency stores, employees of two retail outlets in Havana said on Thursday. The move appears aimed at quieting grumbling among Cubans who have not benefited

Published 23 Apr, 2016 12:00am

EU and US should secure trade deal this year: US negotiator

Europe and the United States should wrap up the US-European free trade deal this year or people will start thinking it might never happen, US Trade Representative Michael Froman told a German newspaper in an interview published on Friday. Chancellor Angel

Published 23 Apr, 2016 12:00am

GE reports small loss as costs rise; oil profits down

General Electric reported a modest first-quarter loss Friday as costs rose and industrial profits dipped, in part due to a big drop in its oil and gas segment. GE reported a loss of $98 million, compared with the year-ago loss of $13.6 billion when result

Published 23 Apr, 2016 12:00am

GE reports small loss as costs rise; oil profits down

Published 23 Apr, 2016 12:00am

Currency

Eurozone raises pressure for Greek reform deal

Eurozone finance ministers raised the pressure on Greece to deliver a fresh set of reforms on Friday, handing Athens a final hurdle to unlock cash from its massive bailout and secure debt relief. Eurogroup head Jeroen Dijsselbloem said a deal to offer dea

Published 23 Apr, 2016 12:00am

Microsoft profit down 25 percent to $3.8 billion

Microsoft on Thursday reported a 25 percent plunge in quarterly profits as the company navigated away from its role as a software seller to a services model. Shares in Microsoft, once the world's largest company, were down 4.3 percent in after-hours trade

Published 23 Apr, 2016 12:00am

Microsoft profit down 25 percent to $3.8 billion

Published 23 Apr, 2016 12:00am

BOJ says negative rates hurting fund flows, bank profits for now

The Bank of Japan says its negative interest rates have caused some disruption in fund flows and will hurt financial institutions' profits for the time being, acknowledging some of the drawbacks of the controversial policy. However, Japanese financial ins

Published 23 Apr, 2016 12:00am

Volkswagen takes $18 billion hit over emissions scandal

Volkswagen (VW) said on Friday it would take a 16.2-billion-euro ($18.2 billion) hit to its 2015 results and slash its dividend to help pay for its emissions-test cheating scandal. The news came amid growing signs a regulatory clampdown in the wake of VW'

Published 23 Apr, 2016 12:00am

German automakers to recall 630,000 cars after emissions probe

Around 630,000 Audi, Mercedes, Opel, Porsche and Volkswagen cars are to be recalled in Europe owing to irregularities in their emission of pollutants, a German government source told AFP on Friday. The German makers have decided to recall the vehicles as

Published 23 Apr, 2016 12:00am

Currency

China seizes biggest share of global exports in almost 50 years

Chinese exporters have found a silver lining in weak global demand by seizing market share from their competitors - good news for China but an expansion that is aggravating trade tensions. China's proportion of global exports rose to 13.8 percent last yea

Published 23 Apr, 2016 12:00am

EU moves to lift ban on Sri Lanka fish exports

The European Union has proposed lifting a 15-month ban on fish exports from Sri Lanka after it said the country has cracked down on illegal fishing. The 28-nation bloc has meanwhile warned the Pacific island nation of Kiribati as well as Sierre Leone and

Published 23 Apr, 2016 12:00am

Weaker services drag on German private sector growth in April

Growth in Germany's private sector slowed to a 9-month low in April, a survey showed on Friday, as an upturn in the manufacturing industry was not enough to make up for a slowdown in services. Markit's flash composite Purchasing Managers' Index (PMI) whic

Published 23 Apr, 2016 12:00am

Investors chase US bank debt tighter after earnings

Investors gobbled up US $11bn of new bonds this week from US banks that came to the market after reporting weak earnings, showing a renewed bid for the sector's issuers. Buyers feasted on new senior debt, subordinated bonds, tolerating slim new issue prem

Published 23 Apr, 2016 12:00am

Investors chase US bank debt tighter after earnings

Published 23 Apr, 2016 12:00am

Indian shares edge down after recent rally; post weekly gains

Indian shares edged down on Friday, a day after hitting their highest levels this year, as investors booked profits in recent outperformers, but indexes still posted a near 1 percent weekly gain on the back of strong overseas flows. The broader NSE index

Published 23 Apr, 2016 12:00am

Nikkei climbs to 11-1/2 week high on weaker yen

Japan's benchmark Nikkei index climbed to an 11-1/2 week high after the US dollar rose above 110 yen for the first time since April 6, lifting a broad swath of shares that benefit from a weaker yen. The Nikkei share average rose for a fourth straight day

Published 23 Apr, 2016 12:00am

Friday's early trade: Wall Street lower

Wall Street was lower on Friday after a slew of disappointing earnings reports from Microsoft and other major companies eclipsed a surge in oil prices which boosted energy shares. Microsoft was the biggest drag on all three major indexes. Crude rose about

Published 23 Apr, 2016 12:00am

Exchange

Wall Street cedes ground after mixed bag of earnings

Wall Street suffered its first loss in four sessions on Thursday after a mixed bag of quarterly reports and a warning by Verizon Communications that a strike by workers would likely impact its bottom line. The benchmark S&P 500 index in recent days had ra

Published 23 Apr, 2016 12:00am

Vietnam index rises to near five-month high

Vietnam's benchmark VN Index surged 2.91 percent to a near five-month high on Friday, before closing at 592.48, with banking shares and real estate stocks leading the gains. The index rose due to foreign buying amid upbeat earnings results and as higher o

Published 23 Apr, 2016 12:00am

Hong Kong stocks fall after Wall Street weakness

Hong Kong shares fell on Friday after Wall Street suffered its first loss in four sessions amid disappointing earnings from US bluechip companies. The Hang Seng index fell 0.7 percent, to 21,467.04, while the China Enterprises Index lost 1.4 percent, to 9

Published 23 Apr, 2016 12:00am

Yields rise as oil, Greece reduce safe-haven bid

US Treasury yields rose to more than three-week highs on Thursday as oil prices held near recent highs, reducing demand for safe-haven US bonds, and as high quality European government bond yields spiked. US bond yields increased on Wednesday after a stro

Published 23 Apr, 2016 12:00am

Yields rise as oil, Greece reduce safe-haven bid

Published 23 Apr, 2016 12:00am

Exchange

South African stocks fall for second day

South Africa's main stock index ended lower on Friday, extending losses to the second straight session with Steinhoff among the biggest decliners as it slugged it out with a French rival for Darty, Europe's third-largest retailer. The rand also stumbled a

Published 23 Apr, 2016 12:00am

Exchange

China stocks post biggest weekly loss in three months

China stocks edged up on Friday, as strength in consumer and tech shares offset a slump in resources plays, but major indexes posted their biggest weekly decline in three months. Reversing initial losses, the bluechip CSI300 index rose 0.5 percent, to 3,1

Published 23 Apr, 2016 12:00am

European shares end lower, weighed down by carmakers

European shares fell on Friday as automaker Daimler reported disappointing results and said it would investigate its US emissions certification process. Poor sales also hit luxury group Kering, owner of the Gucci brand. The pan-European FTSEurofirst 300 i

Published 23 Apr, 2016 12:00am

Australia shares drop, New Zealand also loses grounds

Australian shares ended 0.7 percent lower on Friday led by an across-the-board selloff and as investors locked in profit from a recent bounce ahead of a long weekend. The S&P/ASX 200 index fell 36.31 points to 5,236.4 at the close of trade. The benchmark,

Published 23 Apr, 2016 12:00am

Southeast Asian stocks mostly down

Most Southeast Asian stock markets fell on Friday amid regional weakness, with Thailand posting its biggest drop in two weeks as banking stocks declined on disappointing results. Thailand's SET Index dropped 0.9 percent, its biggest single-day percentage

Published 23 Apr, 2016 12:00am

FTSE falls, ending three-week winning streak

Britain's benchmark shares index fell on Friday as a drop in mining stocks and luxury goods group Burberry weighed on the market, which recorded its first weekly loss in a month. The bluechip FTSE 100 index ended down 1.1 percent at 6,310.44 points, endin

Published 23 Apr, 2016 12:00am

Exchange

Nigerian interbank rate rises

Nigeria's overnight interbank rate rose for the second consecutive week to an average of 6 percent on Friday, from 4.5 percent last week, amid a drop in commercial lenders liquidity level on payment for treasury bills purchases, but rate seen falling next

Published 23 Apr, 2016 12:00am

Currency

Rouble rises as oil reverses losses

The Russian rouble rose on Friday, firming with the oil price which reversed losses seen the previous day, continuing the volatile pattern seen this week. At 0755 GMT, the rouble was 0.8 percent stronger against the dollar at 66.34 and up also 0.8 percent

Published 23 Apr, 2016 12:00am

Currency

Yen falls on report BOJ may adopt more negative rates

The yen hit a two-week low against the dollar on Friday after a media report said that the Bank of Japan could expand its negative interest rate policy beyond its current applications. The BOJ is considering applying negative rates to its lending programm

Published 23 Apr, 2016 12:00am

Currency

Yen sinks on potential for Bank of Japan stimulus expansion

The yen skidded by more than 1 percent to a 2-1/2-week low against the dollar on Friday after a report said that the Bank of Japan is considering expanding its negative rate policy to bank loans and could cut rates further. The BOJ could consider the new

Published 23 Apr, 2016 12:00am

Exchange

Early trade in New York: Dollar rallies against yen

The US dollar rose to its highest level against the yen in nearly three weeks on Friday after a report said the Bank of Japan is considering expanding its negative rate policy to bank loans and could cut rates further. The BOJ could consider the new step

Published 23 Apr, 2016 12:00am

Currency

Dollar gains against euro after Draghi remarks, slips versus yen

The euro reversed course to trade lower against the dollar on Thursday after traders saw potential for the European Central Bank to eventually increase its stimulus measures if necessary, while the yen rebounded on flagging risk appetite. The euro was las

Published 23 Apr, 2016 12:00am

Exchange

Weak risk sentiment hurts Asia FX

Most emerging Asian currencies slid on Friday to cut some their gains for the week, as the dollar made broad gains after the European Central Bank chief reasserted his readiness to provide further stimulus for the euro zone economy if necessary. The Phili

Published 23 Apr, 2016 12:00am

Currency

Sri Lankan five-day rupee forwards edge down

Sri Lankan five-day rupee forwards ended slightly weaker on Friday on importer dollar demand even as a state-run bank sold the greenback and the central bank intervened in the market via moral suasion to prevent further falls, dealers said. The five-day f

Published 23 Apr, 2016 12:00am

Exchange

Sterling hits 1-month high against euro

Sterling rose more than 1 percent against the euro to a one-month high on Friday, bolstered by a swing of betting odds and polls towards the campaign for Britain to remain in the European Union as US President Barack Obama waded into the debate. Sterling

Published 23 Apr, 2016 12:00am

Currency

China's yuan edges down, trend of general stability intact

China's yuan weakened slightly on Friday, with dollar demand from industrial firms marginally exceeding supply, traders said. But the Chinese currency remained largely stable, as it generally has been since early January amid signs China's economy is impr

Published 23 Apr, 2016 12:00am

Atletico's Godin major doubt for Bayern semi-final

Atletico Madrid look set to be without key defender Diego Godin for at least the first leg of their Champions League semi-final against Bayern Munich due to a hamstring injury. "Godin suffered a grade I-II muscle injury in his right hamstring," Atletico s

Published 23 Apr, 2016 12:00am

Hazard ready for Chelsea return

Belgium forward Eden Hazard is fit and available for Chelsea's trip to Bournemouth on Saturday after more than a month out with a hip injury, manager Guus Hiddink said. Hazard, last season's Premier League Player of the Year, has not played since the seco

Published 23 Apr, 2016 12:00am

Archery World Cup hit by Beijing lab ban

The suspension of China's national anti-doping laboratory has given next week's stage of the archery World Cup a major headache, the sport's chief Tom Dielen said on Friday. The laboratory in Beijing has been barred from carrying out World Anti-Doping Age

Published 23 Apr, 2016 12:00am

Lee takes three-shot lead at storm-hit Shenzhen

Soomin Lee shot 65 to take a three-shot lead on day two of the storm-suspended Shenzhen International on Friday with 89 players still to complete their rounds. Heavy rain made for a disjointed day in Guangdong. Thunderstorms and the threat of lightning in

Published 23 Apr, 2016 12:00am

Former England batsman Taylor leaves hospital

Former England batsman James Taylor has been released from hospital after completing the initial phase of treatment for the heart condition which cut short his career. The 26-year-old Nottinghamshire middle-order shotmaker announced his retirement from cr

Published 23 Apr, 2016 12:00am

Murray says will play Davis Cup, despite tough schedule

Andy Murray is prepared to switch from grasscourts to clay in a matter of days to play for champions Britain against Serbia in the Davis Cup, the world number two said on Friday. The 28-year-old, who almost single-handedly won the trophy for Britain last

Published 23 Apr, 2016 12:00am

FIFA boss announces body to monitor Qatar 2022 labour conditions

Gianni Infantino announced on Friday that FIFA will establish a body to monitor working conditions for labourers at Qatar's 2022 World Cup stadiums and insisted the tournament would stay in the Gulf. Speaking during his first visit to Doha as president of

Published 23 Apr, 2016 12:00am

Messi fit to face Sporting: Luis Enrique

Barcelona coach Luis Enrique insisted Lionel Messi will be 100 percent fit to face Sporting Gijon on Saturday despite suffering a series of knocks in Barca's 8-0 hammering of Deportivo la Coruna. "He didn't have much luck with the blows in the game the ot

Published 23 Apr, 2016 12:00am

New technology to detect edges in cricket to be launched soon

Paul Hawkins, the inventor of the ball-tracking Hawk-Eye ball tracking system, has now come up with a bat sensor to pick up nicks perfectly. The sensor is the size of a small coin and uses an accompanying smartphone app to detect the nicks. The on-field u

Published 23 Apr, 2016 12:00am

Pakistani batsmen don't work hard: Grant Flower

Batting coach Grant Flower has claimed that Pakistani batsmen are not as hard working as far as fitness is concerned saying our players are very inconsistent with the way they practice. Flower said Pakistani batsmen remain in the elusion that whatever the

Published 23 Apr, 2016 12:00am

Khyber Green Cricket Club wins the All Fata Cricket Tournament

Khyber Green Cricket Club won the All Fata Cricket tournament after beating Bajaur Cricket Club in thrilling match here at Bajaur Sports Complex. Players from Khyber Agency side including Sami Afridi, Asad Afridi and Timour Afridi have showed terrific per

Published 23 Apr, 2016 12:00am

New Zealand's Guptill signs for Lancashire

Lancashire have signed big-hitting New Zealand batsman Martin Guptill for the beginning of their defence of the English domestic Twenty20 title, the county announced Friday. Guptill is due to arrive at Old Trafford following the conclusion of his commitme

Published 23 Apr, 2016 12:00am

Kenyan president signs anti-doping bill into law

Kenya's President Uhuru Kenyatta signed into law on Friday an anti-doping bill required to avoid a ban from the Rio Olympics for a nation famed for its runners but tainted by a spate of doping cases in recent years. The athletics world has been in turmoil

Published 23 Apr, 2016 12:00am

Unpopularity of Clinton, Trump puts spotlight on potential running mates

Rarely have two US presidential front-runners needed more from running mates than Hillary Clinton and Donald Trump. The Democratic and Republican leaders in the 2016 White House race are unusually unpopular nationally, polls show, despite their success wi

Published 23 Apr, 2016 12:00am

Air strikes on Syria's Aleppo kill 25

Air strikes on rebel-held neighbourhoods in Syria's second city Aleppo on Friday killed at least 25 people and wounded more than 40, emergency workers told AFP. The Syrian Observatory for Human Rights, which said regime warplanes carried out the air strik

Published 23 Apr, 2016 12:00am

Syria peace talks to push on until April 27

UN-brokered talks aimed at ending Syria's brutal conflict will push ahead until April 27, despite the departure of the main opposition group, negotiators said Friday. Syria's main opposition High Negotiations Committee (HNC) earlier this week halted its f

Published 23 Apr, 2016 12:00am

China could build nuclear plants for South China Sea, paper says

China is getting closer to building maritime nuclear power platforms that could one day to used to support Chinese projects in the disputed South China Sea, a widely-read state-run newspaper said on Friday. China has rattled nerves with its military and c

Published 23 Apr, 2016 12:00am

UAE earmarks $4 billion to help Egypt's economy

The United Arab Emirates has allocated $4 billion (3.15 billion euros) to support Egypt whose economy is struggling, state news agency WAM said on Friday. It said $2 billion "will be allocated for investment in a number developmental fields in Egypt, whil

Published 23 Apr, 2016 12:00am

Obama hits back at London mayor in Churchill statue row

Barack Obama hit back at Boris Johnson Friday after London's mayor suggested the US president had removed a bust of Winston Churchill from the Oval Office because of anti-British sentiment. In an article criticising Obama for supporting Britain's EU membe

Published 23 Apr, 2016 12:00am

Cuba clears way for cruise ship resumption

Cuba cleared the way Friday for the resumption of cruise voyages from the United States, lifting a restriction on Cubans entering or leaving the country by sea. The change of a rule that dates back to the Cold War was announced in a statement published in

Published 23 Apr, 2016 12:00am

US split deepens over Putin's intentions in Syria civil war

Russia's latest military moves in Syria have sharpened divisions within the US administration over whether Russian President Vladimir Putin genuinely backs a UN-led initiative to end the civil war or is using the negotiations to mask renewed military supp

Published 23 Apr, 2016 12:00am

Nato's new deterrent may include bigger Black Sea presence

Turkey, Bulgaria and Romania may expand the Nato alliance's maritime presence in the Black Sea as part of a broader strategy to deter Russia, Nato's deputy chief said on Friday. Nato is looking to counter Russia's military build-up in Crimea, which Moscow

Published 23 Apr, 2016 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	278.42
USD PKR Interbank Buying / May 23	278.22
USD to Japanese Yen / May 23	156.74
USD to Swiss Franc / May 23	0.91
Pound Sterling to USD / May 23	1.27
Euro to USD / May 23	1.08

Stock	Volume
S&P 500 / May 22	5307.01
Nasdaq / May 22	16801.54
Dow Jones / May 22	39671.04
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80
Hang Seng / May 23	18845.59
FTSE 100 / May 23	8373.47
Germany DAX 30 / May 23	18748.98

Item	Value
Petrol/Litre / May 23	273.10
Crude Oil USD/Barrel / May 23	76.94
Karachi Cotton PKR/37.32 KG / May 23	19935
Gold 10 Grams PKR / May 23	207476
Gold Spot USD/Ounce / May 23	2362.37
Diesel/Litre / May 23	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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