News Archives for Print - 2017-05-22

The Weather

The weather report on Sunday (May 21, 2017) and the forecast for Monday (May 22, 2017).

Published 22 May, 2017 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DECEMBER 2016)

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

Published 22 May, 2017 12:00am

Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (May 15 to 19, 2017).

Published 22 May, 2017 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 22 May, 2017 12:00am

'Milestone' in quest to make blood cells

Scientists on Wednesday unveiled two methods for coaxing stem cells into blood cells, a long-sought goal that could lead to new treatments for blood disease, including leukaemia. In separate experiments reported in Nature - one with mice, the other transp

Published 22 May, 2017 12:00am

Swallowable balloons work to curb obesity: study

Weight-loss balloons swallowed rather than surgically inserted in the stomach were shown to be safe and effective in preliminary trials, according to findings unveiled on Thursday at a medical conference. So-called intragastric balloons have been used for

Published 22 May, 2017 12:00am

Scientists to test whether Zika can kill brain cancer cells

Scientists in Britain plan to harness the Zika virus to try to kill brain tumour cells in experiments that they say could lead to new ways to fight an aggressive type of cancer. The research will focus on glioblastoma, the most common form of brain cancer

Published 22 May, 2017 12:00am

Drought affects 1.4 million in Angola: UNICEF

More than 1.4 million people in Angola, including many children, have been affected by a "chronic drought" that has increased the risk of disease, a UN report said Wednesday. Seven southern regions of Angola are affected, with the three border provinces o

Published 22 May, 2017 12:00am

UK survey finds 28,000 plant species for medical use

More than 28,000 species of plants around the world have a medical use but poor documentation means people are not making the most of the health benefits, according to a survey released on Thursday. Britain's Royal Botanic Gardens at Kew in London recorde

Published 22 May, 2017 12:00am

WHO eyes vaccine trial for Ebola-hit DR Congo

An unlicensed Ebola vaccine could soon be tested in a remote region of the Democratic Republic of Congo hit by an outbreak of the virus, the World Health Organization said on Thursday. There is no licensed vaccine for the Ebola virus, but a promising cand

Published 22 May, 2017 12:00am

Antarctica is greening due to global warming

Plant life is growing on Antarctica like never before in modern times, fuelled by global warming which is melting ice and transforming the landscape from white to green, researchers said on Thursday. Scientists studying moss in an area spanning 400 miles

Published 22 May, 2017 12:00am

Rising seas set to double coastal flooding by 2050: study

Rising sea levels driven by global warming are on track to dramatically boost the frequency of coastal flooding worldwide by mid-century, especially in tropical regions, researchers said on Thursday. A 10-to-20 centimetre (four-to-eight inch) jump in the

Published 22 May, 2017 12:00am

Uber extends on-demand service to trucking

Uber is expanding into a new field with a version of its on-demand ride application that lets truckers book cargo hauls with simple taps on smartphones. Uber Freight rolling out in the US was touted by the company as an app that matches truckers or trucki

Published 22 May, 2017 12:00am

QIHAN unveils multi-service platform system for Sanbot Robot

QIHAN Technology Company (QIHAN), a Chinese company focused on innovations in robotics, AI and video analysis, announced May 16 a Multi-service Platform System (MPS) for Sanbot, its intelligent, cloud-enabled humanoid robot. The MPS solution is a centrali

Published 22 May, 2017 12:00am

HP Enterprise reveals powerful computer prototype

Hewlett Packard Enterprise Co on May 16 unveiled a new computer prototype that it said could handle more data than any similar system in the world. The Palo Alto, California-based company said the prototype contains 160 terabytes of memory, capable of man

Published 22 May, 2017 12:00am

Older Americans warm to new technology: survey

Americans over age 65 have stepped up their use of technology, with a growing number using the internet along with smartphones and other electronics, a survey showed Wednesday. The Pew Research Center survey found 67 percent of US seniors now go online, w

Published 22 May, 2017 12:00am

West African girls show the way in Senegal tech battle

West African schoolgirls, some not yet teenagers, have taken a starring role at an engineering competition in Senegal, busting stereotypes with robotics expertise and innovative projects for their communities. The Pan-African Robotics competition (PARC) i

Published 22 May, 2017 12:00am

Cyberattacks on home appliances

Avast, the company behind the leading antivirus software, warned Thursday against attacks on home appliances connected to the internet, calling hackers targeting home routers a major threat to consumers. "It's a trivial thing to do and there's nothing the

Published 22 May, 2017 12:00am

Amazon's streaming software powers new smart TVs

Amazon's streaming TV software will appear on a new line of smart TVs designed to blend streaming TV services and over-the-air channels, but not cable packages. The TVs from Element Electronics will be sold under the Element and Westinghouse brands and wi

Published 22 May, 2017 12:00am

GE Appliances to get Google voice control option

GE Appliances announced a deal with Google Wednesday enabling the US tech giant's voice control home hub to be used for cooking, cleaning and other functions. The deal enables GE's "Geneva" to communicate with the Google Assistant, so users can say: "Ok G

Published 22 May, 2017 12:00am

Google unveils latest tech tricks as computers get smarter

Google's computer programs are gaining a better understanding of the world, and now it wants them to handle more of the decision-making for the billions of people who use its services. CEO Sundar Pichai and other top executives brought Google's audacious

Published 22 May, 2017 12:00am

Greece appeals to creditors to approve debt relief measures

Greece told its EU-IMF creditors Sunday there should be "no excuse" for delays to debt relief payments now that Athens has "fulfilled its obligations" with new austerity cuts. The appeal came on the eve of a meeting of eurozone finance ministers in Brusse

Published 22 May, 2017 12:00am

Greece appeals to creditors to approve debt relief measures

Greece told its EU-IMF creditors Sunday there should be "no excuse" for delays to debt relief payments now that Athens has "fulfilled its obligations" with new austerity cuts. The appeal came on the eve of a meeting of eurozone finance ministers in Brusse

Published 22 May, 2017 12:00am

Libor

'Symphony' sets sights on financial world and beyond

Having won over Wall Street and Silicon Valley with a low-cost messaging platform that aims to remake the way traders communicate, Symphony creator David Gurle has set his sights on new industries. Barely three years old, Symphony quickly caught on in the

Published 22 May, 2017 12:00am

Oman expected to offer as much as $2 billion of sukuk

Oman, which saw its debt rating cut to junk this month, appears to be borrowing money it needs far in advance of spending it in order to take advantage of market conditions and prevent investors worrying about its ability to fund itself. The Omani governm

Published 22 May, 2017 12:00am

Oman expected to offer as much as $2 billion of sukuk

Oman, which saw its debt rating cut to junk this month, appears to be borrowing money it needs far in advance of spending it in order to take advantage of market conditions and prevent investors worrying about its ability to fund itself. The Omani governm

Published 22 May, 2017 12:00am

Boeing signs defence, commercial deals with Saudi Arabia

Boeing Co said on Sunday it had signed several defence and commercial deals with Saudi Arabia including for the sale of military and passenger aircraft during a visit by US President Donald Trump to the kingdom. The announcement is the latest in tens of b

Published 22 May, 2017 12:00am

Renault, Peugeot to raise orders from troubled parts maker

French car makers Renault and Peugeot have committed to increasing their orders from ailing components-maker GM&S Industry after their chief executives spoke with Economy Minister Bruno Le Maire, his ministry said on Sunday. The future of the company, whi

Published 22 May, 2017 12:00am

Saudi minister confident of oil cut extension

Saudi Arabia's energy minister expressed confidence on Sunday of extending a global cut in oil production designed to boost prices. Khalid al-Falih spoke ahead of a meeting on Thursday between the Organization of the Petroleum Exporting Countries (Opec) a

Published 22 May, 2017 12:00am

'Foreign invaders' threaten struggling Australian media

Australia's role as a testing ground for global media giants such as the New York Times, Daily Mail and the Guardian could hasten the decline of embattled local players as they fight for eyeballs and advertising dollars, analysts warn. With traditional so

Published 22 May, 2017 12:00am

US carmakers downshift on Trump economic plan

Steadily rising US auto sales helped fuel the economic recovery, but sales have shifted into lower gear even as President Donald Trump counts on carmakers to provide a lift to his economic plans. And after adding thousands of jobs since the financial cris

Published 22 May, 2017 12:00am

US and Pacific Rim countries at odds in heated trade meeting

Japan and other members of the Trans-Pacific Partnership agreed on Sunday to pursue their trade deal without the United States as the Trump administration's "America First" policy created tension at a meeting of Asia-Pacific countries. Turmoil over global

Published 22 May, 2017 12:00am

BP sees growing investment in Mexico energy

BP Plc's first foray into Mexico's recently opened energy market is proving more promising than expected, and the government should offer more big projects to lure investment, the British oil major's Mexico boss said in an interview. Chris Sladen, country

Published 22 May, 2017 12:00am

Exchange

Vodafone dials up 6.3 billion euro annual net loss

Vodafone logged on Tuesday a large annual net loss after slashing the value of its troubled Indian division, but underlying earnings soared on a solid European performance. The British mobile phone giant posted a loss of 6.3 billion euros ($6.9 billion) f

Published 22 May, 2017 12:00am

Exchange

Vodafone dials up 6.3 billion euro annual net loss

Vodafone logged on Tuesday a large annual net loss after slashing the value of its troubled Indian division, but underlying earnings soared on a solid European performance. The British mobile phone giant posted a loss of 6.3 billion euros ($6.9 billion) f

Published 22 May, 2017 12:00am

ABN Amro beats expectations with Q1 net income of 615 million euros

ABN Amro, the Netherlands' largest domestic lender, reported on Wednesday a 29 percent rise in first-quarter net profits to 615 million euros ($683 million), with a growing loan book and better margins reflecting a strong Dutch economy. The results were b

Published 22 May, 2017 12:00am

ABN Amro beats expectations with Q1 net income of 615 million euros

ABN Amro, the Netherlands' largest domestic lender, reported on Wednesday a 29 percent rise in first-quarter net profits to 615 million euros ($683 million), with a growing loan book and better margins reflecting a strong Dutch economy. The results were b

Published 22 May, 2017 12:00am

EasyJet looks to bigger planes to keep costs down

British budget airline easyJet stepped up its efforts to lower operating costs by ordering bigger planes after it posted a wider first-half loss on Tuesday which sent shares down 6 percent following recent strong gains. EasyJet, Europe's second largest lo

Published 22 May, 2017 12:00am

Petronas Chemicals looks to boost specialty chemicals sales

The chemical manufacturing unit of Malaysia's state energy firm Petronas is looking to grow "aggressively" in specialty chemicals to meet demand in new regional markets and profit from higher margins, its CEO told Reuters on Tuesday. Petronas Chemicals Gr

Published 22 May, 2017 12:00am

Prudential Q1 new business profit rises

British insurer Prudential reported a 25 percent rise in first-quarter new business profits on Thursday, driven by a strong performance in Asia, and announced the appointment of a new chief financial officer in a management reshuffle. The company said in

Published 22 May, 2017 12:00am

Prudential Q1 new business profit rises

British insurer Prudential reported a 25 percent rise in first-quarter new business profits on Thursday, driven by a strong performance in Asia, and announced the appointment of a new chief financial officer in a management reshuffle. The company said in

Published 22 May, 2017 12:00am

SIA annual operating profit drops nearly nine percent

Singapore Airlines Ltd (SIA) on Thursday reported a nearly 9 percent drop in its operating profit for the year ended March, as weakness in its main passenger travel operation offset a stronger cargo business. Profit reached S$623 million ($447.65 million)

Published 22 May, 2017 12:00am

SIA annual operating profit drops nearly nine percent

Singapore Airlines Ltd (SIA) on Thursday reported a nearly 9 percent drop in its operating profit for the year ended March, as weakness in its main passenger travel operation offset a stronger cargo business. Profit reached S$623 million ($447.65 million)

Published 22 May, 2017 12:00am

Islamic banks expand but double-digit growth is over: report

Islamic banks have continued to expand their balance sheets and capital buffers, but the era of double-digit growth rates could be coming to an end while asset quality concerns creep up, an industry oversight body said on Tuesday. Islamic finance, which h

Published 22 May, 2017 12:00am

Exchange

Investment focus: A decade after debt forgiveness, Africa still hooked on dollars

When rich countries wrote off billions of dollars of African debt in 2005, they hoped governments would think twice about borrowing again in costly foreign currencies. Over a decade later, most sub-Saharan African countries still rely on US dollar-denomin

Published 22 May, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 80.54-80.54 (previous 80.55-80.56).

Published 22 May, 2017 12:00am

Dubai firm looks to raise $500 million via digital tokens

OneGram, a Dubai technology firm, has launched the first-ever digital currency backed by gold in an initial offering expected to raise more than $500 million in capital, company chief executive officer Ibrahim Mohammed told Reuters in an interview late on

Published 22 May, 2017 12:00am

China's money rates mixed, cash injections ease liquidity stress

China's primary money rates were mixed for the week, as a central bank-led net cash injection offset some of the liquidity pressure caused by corporate tax payments. The volume-weighted average rate of the benchmark seven-day repo traded in the interbank

Published 22 May, 2017 12:00am

Saudi index basks in Trump glow, most of region markets sluggish

Saudi Arabia's stock market outperformed a sluggish region on Sunday after US and Saudi companies signed over $200 billion of deals during the visit to Riyadh by President Donald Trump. Few of the deals involved listed Saudi companies, and many had been p

Published 22 May, 2017 12:00am

Norway currency moves impacted by oil market uncertainty

The recent volatility of the Norwegian crown currency has been particularly influenced by uncertainty in the market for crude oil, Norway's central bank governor told reporters on the sidelines of a hearing in parliament on Monday. "While the crown rose s

Published 22 May, 2017 12:00am

US stock funds invested abroad draw most cash since 2015

US fund investors are snapping up foreign stocks, giving international equity managers the most cash in two years, Investment Company Institute data for the latest week showed on Wednesday. US-based funds that primarily buy stocks outside of the country a

Published 22 May, 2017 12:00am

US stock funds invested abroad draw most cash since 2015

US fund investors are snapping up foreign stocks, giving international equity managers the most cash in two years, Investment Company Institute data for the latest week showed on Wednesday. US-based funds that primarily buy stocks outside of the country a

Published 22 May, 2017 12:00am

Japan 'toushin' funds see outflows

Japanese investment trusts, or "toushin", saw the first net outflow of funds in six months in April, industry data showed on Tuesday, following scathing criticism of the industry from the head of the country's financial watchdog. Investors pulled 31.1 bil

Published 22 May, 2017 12:00am

Japan 'toushin' funds see outflows

Japanese investment trusts, or "toushin", saw the first net outflow of funds in six months in April, industry data showed on Tuesday, following scathing criticism of the industry from the head of the country's financial watchdog. Investors pulled 31.1 bil

Published 22 May, 2017 12:00am

ECB's bonds-for-cash scheme stuck at less than half capacity

The European Central Bank's bonds-for-cash scheme, through which government debt bought as part of the ECB's 2.3 trillion euros stimulus programme is lent out against cash, has yet to reach even half its maximum size, ECB data showed on Monday. The data i

Published 22 May, 2017 12:00am

ECB's bonds-for-cash scheme stuck at less than half capacity

The European Central Bank's bonds-for-cash scheme, through which government debt bought as part of the ECB's 2.3 trillion euros stimulus programme is lent out against cash, has yet to reach even half its maximum size, ECB data showed on Monday. The data i

Published 22 May, 2017 12:00am

EU looks to build alternative to London for capital market

Brexit has forced the European Union to rethink its flagship capital markets union (CMU) project and urgently look for ways to create an alternative financial market to London, according to a draft EU document seen by Reuters on Wednesday. London is the b

Published 22 May, 2017 12:00am

EU looks to build alternative to London for capital market

Brexit has forced the European Union to rethink its flagship capital markets union (CMU) project and urgently look for ways to create an alternative financial market to London, according to a draft EU document seen by Reuters on Wednesday. London is the b

Published 22 May, 2017 12:00am

Exchange

Nigeria aims for more flexible system of forex allocation

Nigeria aims to end its use of a list of 41 import items for which local firms cannot get hard currency from the central bank and instead focus on trade policy-driven curbs on access to hard currency, Vice President Yemi Osinbajo said on Tuesday. The list

Published 22 May, 2017 12:00am

Wall Street week ahead: Softer dollar may be stock silver lining amid Washington drama

With S&P 500 companies set to notch their strongest quarterly earnings growth in about six years, a weaker US dollar may help keep the profit momentum rolling and support share prices in the weeks to come. After a dramatic week in Washington that rattled

Published 22 May, 2017 12:00am

Mahnoor advances in Shuhada-e-Army Badminton

Top seed and Pakistan No 1 Mahnoor Shehzad of Pakistan Wapda moved into the next round after securing thumping victory against Hina of Khyber Pakhtunkhwa on the second day of the ongoing second Shuhada-e-Army All Pakistan Badminton Championship being play

Published 22 May, 2017 12:00am

Russell retains featherweight crown

US southpaw Gary Russell stopped Colombian Oscar Escandon 59 seconds into the seventh round Saturday to retain his World Boxing Council featherweight crown. After an undercard bout that had American police searching for the winner's uncle following a post

Published 22 May, 2017 12:00am

Svitolina wins Italian Open

Ukraine's Elina Svitolina continued her brilliant season with a clinical 4-6, 7-5, 6-1 upset win over injury-hit Simona Halep in the Italian Open final on Sunday. Svitolina advanced to her maiden Rome final on Saturday when Spanish semi-final opponent Gar

Published 22 May, 2017 12:00am

Motorcycling: Vinales triumphs but heartbreak for Rossi

Spain's Maverick Vinales snatched victory in a thrilling French Grand Prix at Le Mans on Sunday after a captivating duel with Italian veteran Valentino Rossi. Vinales surges into the lead of the MotoGP world championship at Rossi's expense after the 38-ye

Published 22 May, 2017 12:00am

Zverev stuns Djokovic to win Rome Masters

Germany's Alexander Zverev stunned four-time Rome champion Novak Djokovic 6-4, 6-3 to win his first Masters title on Sunday, confirming his status as a French Open dangerman. The 20-year-old Zverev claimed his maiden Masters 1000 title after becoming the

Published 22 May, 2017 12:00am

Rallying: Ogier claims record-equalling fifth Portugal win

Four-time world champion Sebastien Ogier held his nerve to claim a record-equalling fifth triumph at the Rally of Portugal on Sunday. Ogier won in Portugal in 2010, 2011, 2013 and 2014 and emulated Markku Alen's record of five victories in the rally when

Published 22 May, 2017 12:00am

Athletics: Gatlin struggles to victory in Japan

American Justin Gatlin, so often the pantomime villain of men's sprinting, returned to winning form with a pedestrian 100 metres victory in Japan on Sunday. The veteran 35-year-old, a two-time doping offender, recovered from a poor start in Kawasaki to wi

Published 22 May, 2017 12:00am

Kane wins Golden Boot

Harry Kane won the Premier League Golden Boot for the second successive year after scoring a second hat- trick in four days as Tottenham thrashed relegated Hull City 7-1 on Sunday. Kane scored his first goal in the 10th minute with a low drive from the ed

Published 22 May, 2017 12:00am

Misery for Arsenal as City, Liverpool book Champions League berths

Arsene Wenger's torrid year reached a calamitous climax as Arsenal failed to qualify for the Champions League for the first time in 20 years after Manchester City and Liverpool wrapped up the remaining top four places on the final day of the Premier Leagu

Published 22 May, 2017 12:00am

Juventus clinch sixth successive Serie A title

Juventus became the first team to win Serie A six times in a row when they beat Crotone 3-0 on Sunday to clinch the title with one game to spare. Mario Mandzukic, Paulo Dybala, with a stunning free kick, and Alex Sandro shared the goals as the Turin side

Published 22 May, 2017 12:00am

Champions Chelsea bid farewell to captain Terry with gold-topped trophy

Stamford Bridge erupted in celebration on Sunday as departing Chelsea captain John Terry lifted the Premier League trophy in Antonio Conte's record-breaking first season in charge, but the carnival atmosphere had a bitter-sweet edge. Terry, 22 years at th

Published 22 May, 2017 12:00am

47th death anniversary of Hyder Bakhsh Jatoi observed

To mark the 47th death anniversary of Hyder Bakhsh Jatoi a gathering on Sunday was organised at Hyderabad Press Club by the National Trade Union Federation (NTUF) in collaboration with the Sindh Agriculture General Workers Union (CBA).

Published 22 May, 2017 12:00am

Pakistanis urged to carve niche for themselves in International market

Pakistan holds tremendous potential to carve a niche for itself in the international market for herbal products, said Governor of Sindh, Muhammad Zubair here on Sunday. Addressing a ceremony to mark opening of WB by Hermani, a known company exporting herb

Published 22 May, 2017 12:00am

First-ever Abbottabad-Hanoi Jeep rally attract tourists

The first-ever Abbottabad-Hanoi jeep rally and water sports attracted a large number of people and tourists on Sunday. The Tourism Corporation Khyber Pakhtunkhwa (TCKP) and the Frontier 4x4 Club had jointly organised the event to provide an opportunity of

Published 22 May, 2017 12:00am

70 years of Pak-US friendship: Pak Embassy in US hosts Sufi musical concert

The Embassy of Pakistan in the US hosted a Sufi musical concert in collaboration with 'The Embassy Series' on the occasion of 70 years of friendship between Pakistan and the US. Ustad Dilshad Hussain Khan, an international violinist, composer and musicolo

Published 22 May, 2017 12:00am

KP Assembly passes bill to establish Mental Health Authority

Khyber Pakhtunkhwa Assembly passed a bill to establish KP Mental Health Authority for the treatment, care, management of properties and affair of the mentally disordered persons and their families. The adoption of the Bill was put on the agenda for severa

Published 22 May, 2017 12:00am

Science must be properly funded: Terrance Taylor

Terrance Thomas Taylor, President of International Council for Life Sciences USA on Sunday said science must be properly funded with having proper understanding of its social, cultural and religious aspects so that society could reap its true health relat

Published 22 May, 2017 12:00am

Government urged to set up EXIM Bank in country

President Sialkot Chamber of Commerce and Industry (SCCI) Majid Raza Bhutta has urged the government to take drastic steps for setting up EXIM Bank (Export import bank of Pakistan) on top priority basis to facilitate the export sector of the country in te

Published 22 May, 2017 12:00am

Government urged to set up EXIM Bank in country

President Sialkot Chamber of Commerce and Industry (SCCI) Majid Raza Bhutta has urged the government to take drastic steps for setting up EXIM Bank (Export import bank of Pakistan) on top priority basis to facilitate the export sector of the country in te

Published 22 May, 2017 12:00am

Cotton

Irsa releases 2,53,000 cusecs of water for Kharif crops

The Indus River System Authority (IRSA) released 2,53,000 cusecs water from the dams and run of the rivers Kabul and Chenab on Sunday out of the total 3,13,000 cusecs inflow in the four live rivers for sowing and irrigating the strategic and cash Kharif c

Published 22 May, 2017 12:00am

Bilawal condemns killing of cops

Chairman, Pakistan Peoples Party, Bilawal Bhutto Zardari has strongly condemned killing of police personnel in Kohat and Karachi. In a press statement, issued here Sunday evening, he said terrorists can not impose themselves on the people of Pakistan. See

Published 22 May, 2017 12:00am

Two policemen shot dead in Karachi

Two police personnel were shot dead and one injured by unidentified killers near Dhoraji, Bahadurabad in the early hours of Sunday. According to police sources, the personnel were targeted during the duty hours by unidentified assailants who escaped from

Published 22 May, 2017 12:00am

Nawaz accorded warm welcome

King Salman Bin Abdulaziz warmly received Prime Minister Muhammad Nawaz Sharif as he arrived here at the King Abdulaziz Conference Center on Sunday to participate in the first US-Arab-Islamic Summit being hosted by Saudi Arabia. Prime Minister Nawaz Shari

Published 22 May, 2017 12:00am

Slain cop's funeral prayers held

Funeral of Head Constable, Raja Younus, killed in an ambush in Bahadurabad here last night, was offered at Police Headquarters Garden - South here Sunday. A contingent of special police force presented guard of honour to the slain cop and laid floral wrea

Published 22 May, 2017 12:00am

President commends Banking Mohtasib

Banking Mohtasib Anis-ul-Hassnain paid a farewell call on President Mamnoon Hussain, here on Sunday and apprised him about the performance of his institution. On the occasion, the President commended Banking Mohtasib on discharging his responsibilities wi

Published 22 May, 2017 12:00am

Shahbaz reviews health sector's projects

Punjab Chief Minister Muhammad Shahbaz Sharif presided over a level meeting which reviewed development of health sector, reforms in 40 hospitals of the province and installation of incinerators regarding hospital waste management. According approval to se

Published 22 May, 2017 12:00am

Punjab to have people-friendly budget: CM

Punjab Chief Minister Shahbaz Sharif Sunday presided over a meeting which reviewed proposals of provincial budget for the new financial year 2017-18 and priorities of Annual Development Programme 2017-18 in detail. Addressing the meeting, Shahbaz Sharif s

Published 22 May, 2017 12:00am

Mother dies, daughter, father hurt as trawler hits bikes

A 42 year old woman Yasmin w/o Abdul Mannan lost her life as a trawler, negotiating a dangerous turn, hit two motor-cycles near Defence More area here on Sunday evening. The accident left five other injured including Yasmin's husband Abdul Mannan and daug

Published 22 May, 2017 12:00am

DIG traffic visits FPCCI

Deputy Inspector General (DIG) Traffic Police Asif Ejaz Shaikh on Sunday vowed to ensure smooth flow of traffic during the holy month of Ramazan. He made this pledge during his visit to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI)

Published 22 May, 2017 12:00am

Swiss vote for gradual nuclear phaseout, energy makeover

The Swiss voted Sunday in favour of a massive overhaul of the country's energy system by gradually replacing the power from its ageing nuclear reactors with renewable sources. A full 58.2 percent of Swiss voters supported the shift, according to a final t

Published 22 May, 2017 12:00am

Up to 200,000 protesters march in Venezuela, protests toll rises to 48 dead

A young demonstrator has died from a gunshot wound to the chest, raising to 48 the number of people killed in seven weeks of protests against Venezuela's President Nicolas Maduro, officials said Sunday. More than 200,000 protesters took to the streets of

Published 22 May, 2017 12:00am

Erdogan vows fight against enemies as returns to lead party

President Tayyip Erdogan pledged to fight Turkey's enemies at home and abroad on Sunday as he was elected leader of the ruling AK Party, a move enabling him to reassert his grip on the party and its legislative work. Erdogan, who founded the Islamist-root

Published 22 May, 2017 12:00am

Two Chinese cities close poultry markets after H7N9 bird flu infections

China will shut poultry markets in certain districts of two cities after H7N9 bird flu infections were detected, state media reported on Sunday, the latest incidents in this year's more severe outbreak of the virus.

Published 22 May, 2017 12:00am

Cuba dismisses Trump criticism as 'ridiculous'

Cuban state television responded to a statement by US President Donald Trump on Saturday - railing against "cruel despotism" in the Caribbean country and advocating democracy - by calling it "ridiculous." Trump's words came in a tribute on Cuban Independe

Published 22 May, 2017 12:00am

Suspected Boko Haram jihadists kill 6 in Nigeria

Suspected Boko Haram jihadists killed six people fighting alongside the military in two separate incidents in north-east Nigeria, vigilantes told AFP Sunday. Four of the slain vigilantes were hunting in the bush near a camp for internally displaced people

Published 22 May, 2017 12:00am

Taliban raid kills 20 policemen

At least 20 Afghan policemen were killed early Sunday when Taliban fighters stormed multiple security outposts in the volatile southern province of Zabul, officials said, as the insurgents escalate their annual spring offensive. Local officials made despe

Published 22 May, 2017 12:00am

German and Afghan killed, Finnish woman kidnapped in Kabul

A German aid worker and an Afghan guard were killed and a Finnish woman kidnapped as gunmen stormed an international guest house in central Kabul, officials said Sunday. No group has so far claimed responsibility for the attack late Saturday on the guest

Published 22 May, 2017 12:00am

Spain's divided Socialists choose new leader

Spain's bitterly divided Socialist party voted Sunday to choose a new leader, in a poll that may determine if conservative Prime Minister Mariano Rajoy's minority government will last. The contest is widely seen as a two-way race between Susana Diaz, the

Published 22 May, 2017 12:00am

Australia declares game-up for 'fake refugees'

Australia Sunday gave 7,500 boatpeople until October to file a claim proving they are genuine refugees or be kicked out, declaring the "game is up" for illegal arrivals ripping off taxpayers. Before the conservatives took power and adopted a tough line on

Published 22 May, 2017 12:00am

American climber dies on Everest, Indian missing

An American climber died Sunday on his way to the summit of Mount Everest, expedition organisers said, the latest death to mar the ongoing climbing season. The 50-year-old mountaineer died close to the Balcony, a small platform above the 8,000-metre mark

Published 22 May, 2017 12:00am

Currency	Rate
USD PKR Interbank Selling / May 31	278.42
USD PKR Interbank Buying / May 31	278.22
USD to Japanese Yen / May 31	157.31
USD to Swiss Franc / May 31	0.90
Pound Sterling to USD / May 31	1.27
Euro to USD / May 31	1.08

Stock	Volume
S&P 500 / May 31	5277.51
India Sensex / May 31	73961.31
Tokyo Nikkei / May 31	38487.90
Nasdaq / May 31	16735.02
Hang Seng / May 31	18079.61
FTSE 100 / May 31	8275.38
Dow Jones / May 31	38686.32
Germany DAX 30 / May 31	18497.94

Item	Value
Crude Oil USD/Barrel / May 31	76.99
Karachi Cotton PKR/37.32 KG / May 31	19935
Gold 10 Grams PKR / May 31	207219
Gold Spot USD/Ounce / May 31	2327.33
Cotton US¢/pound / May 31	75.11
Petrol/Litre / Jun 1	268.36

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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