News Archives for Print - 2017-06-19

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Print - 2017-06-19

The Weather

The weather report on Sunday (June 18, 2017) and the forecast for Monday (June 19, 2017).

Published 19 Jun, 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 19 Jun, 2017 12:00am

Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (June 12 to 16 2017).

Published 19 Jun, 2017 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 19 Jun, 2017 12:00am

Three mutations can make bird flu a potential pandemic

Scientists have identified three mutations that, if they occurred at the same time in nature, could turn a strain of bird flu now circulating in China into a potential pandemic virus that could spread among people. The flu strain, known as H7N9, now mostl

Published 19 Jun, 2017 12:00am

Bhutan and Maldives eliminate measles: WHO

Bhutan and the Maldives have eliminated measles, becoming the first countries in their region to eliminate the highly infectious disease that is a major child killer globally, the World Health Organization said on Tuesday. The milestone was reached after

Published 19 Jun, 2017 12:00am

Good news for redheads: a tanning drug for the pale-skinned

After 10 years of research, scientists have come up with a drug that could help people tan without exposure to the sun, potentially reducing the risk of skin cancer. The drug stimulates cells that produce the pigment that absorbs ultra-violet light, the r

Published 19 Jun, 2017 12:00am

Obesity 'epidemic' affects one in 10 worldwide

More than one in 10 people worldwide are now obese and 2.2 billion are believed to be overweight, fueling a global health crisis that claims millions of lives every year, according to a major new international study released on Monday. Obesity numbers hav

Published 19 Jun, 2017 12:00am

Prenatal fever linked to autism risk

Children born to mothers who experienced fever, especially multiple fevers, during the second trimester of pregnancy are at increased risk for developing autism spectrum disorder (ASD), a new study suggests. Researchers found that mothers who experienced

Published 19 Jun, 2017 12:00am

Anti-diabetes drug also cuts risk of heart, kidney ailments

An anti-diabetic drug that lowers blood sugar levels for type 2 diabetes sufferers also significantly cuts the risk of cardiovascular and kidney disease, according to a study published on Monday. The findings, published in the New England Journal of Medic

Published 19 Jun, 2017 12:00am

Warmer climate threatens malaria spread in Ethiopia: study

Cool, high-lying areas of Ethiopia hitherto shielded from heat-loving malaria mosquitoes are increasingly exposed to the disease as the climate warms, researchers said on Thursday. Most Ethiopians live in the country's highlands, and have long enjoyed nat

Published 19 Jun, 2017 12:00am

Rosneft finds first oilfield offshore eastern Arctic

Russia's largest oil producer Rosneft said on Sunday it had found its first oilfield in the Laptev Sea in the eastern Arctic, making a breakthrough in the search for hydrocarbons in the harsh and far-flung region despite Western sanctions. Rosneft and its

Published 19 Jun, 2017 12:00am

Qatar won't cut gas to UAE: Qatar Petroleum CEO

Qatar will not cut off gas to the United Arab Emirates despite a diplomatic dispute and a "force majeure" clause in its contract, the chief executive of Qatar Petroleum told Al Jazeera network, two weeks after some Gulf Arab states severed ties with Doha.

Published 19 Jun, 2017 12:00am

Chinese bankers flock to Hong Kong as expats retreat

A flood of Chinese bankers is changing the social fabric of Hong Kong, as they rapidly expand their footprint in one of the world's premier financial centres, even as Beijing struggles to tame the former British colony politically. Twenty years after Hong

Published 19 Jun, 2017 12:00am

India to allow late filing in first two months of GST: Jaitley

India will launch a new national Goods and Services Tax (GST) as planned on July 1, Finance Minister Arun Jaitley said on Sunday, but will let companies file late returns for the first two months so that they can adapt to a new online filing system.

Published 19 Jun, 2017 12:00am

Italy rules out winding down struggling Veneto banks

Italy has ruled out the idea of winding down two struggling lenders in the northern Veneto area, a source said on Sunday, following a report Brussels was set to tell Rome it could not use direct state support to rescue them. "The Treasury excludes any sug

Published 19 Jun, 2017 12:00am

China-backed AIIB touts growth, sustainability

Leaders of the China-backed Asian Infrastructure Investment Bank touted its growing membership and commitment to sustainable development at its annual meeting, even as environmental groups were disappointed by its openness to investing in coal projects. T

Published 19 Jun, 2017 12:00am

Israel cabinet approves ban on sale of binary options

Israel's cabinet on Sunday approved a new law banning the sale of binary options overseas by online trading firms based in Israel, a business that has drawn broad international criticism over allegations of illicit practices. The proposed amendment to the

Published 19 Jun, 2017 12:00am

Israel economic growth slows on one-time tax effect

Israel's economy grew at an annualised 1.2 percent in the first quarter, its slowest pace in almost two years and less than previously thought, with changes to the way cars are taxed distorting the numbers. In a preliminary estimate last month, the bureau

Published 19 Jun, 2017 12:00am

Airbus upgrades world's biggest passenger jet

Airbus unveiled an upgraded version of the world's biggest passenger jet on Sunday, seeking to boost demand for the slow-selling superjumbo and including a new wingtip design aimed at reducing fuel burn by up to 4 percent. The new wing design adds to othe

Published 19 Jun, 2017 12:00am

Lockheed nears $37 billion plus deal to sell F-35 jet to 11 countries

Lockheed Martin Corp is in the final stages of negotiating a deal worth more than $37 billion to sell a record 440 F-35 fighter jets to a group of 11 nations including the United States, two people familiar with the talks said. This would be the biggest d

Published 19 Jun, 2017 12:00am

Daimler invests in ride-hailing firm Careem

Dubai-based ride hailing firm Careem will step up expansion into new markets after raising $150 million from investors, including German carmaker Daimler and Saudi Arabia's Kingdom Holding. After the fundraising, Careem, an Uber rival operating in 12 main

Published 19 Jun, 2017 12:00am

Embattled Air Berlin says has cash to tide over woes

Struggling German airline Air Berlin insisted Wednesday that it has sufficient cash to stay solvent despite suffering heavy losses and a string of flight cancellations. "Insolvency is not an issue for us. We have sufficient liquidity and a reliable partne

Published 19 Jun, 2017 12:00am

China's EXIM Bank plans more dollar, euro-denominated bonds this year

The Export-Import Bank of China (EXIM) plans to issue up to another $4 billion in euro- and dollar-denominated bonds this year, on top of $4 billion issued so far, as Beijing's Belt and Road initiative drives demand for foreign currency funds.In a rare in

Published 19 Jun, 2017 12:00am

China's EXIM Bank plans more dollar, euro-denominated bonds this year

Published 19 Jun, 2017 12:00am

Alibaba launches new sales channels in Malaysia, Singapore

Chinese e-commerce giant Alibaba Group Holding Ltd on Monday said it is launching new sales channels in Singapore, Malaysia, Hong Kong and Taiwan as China's deep-pocketed e-commerce firms vie for new users in the region. The new service, Tmall World, will

Published 19 Jun, 2017 12:00am

Rosneft, partners to invest over $8 billion in Russia's offshore energy sector

Rosneft and its partners plan to invest 480 billion roubles ($8.4 billion) in developing Russia's offshore energy industry in the next five years, part of a bid to boost output from new areas, the Russian oil major told Reuters. Most Russian oil output co

Published 19 Jun, 2017 12:00am

BP's Dudley seen reigning for years to restore major's might

When BP boss Bob Dudley clinched a final deal to settle litigation over the deadly Deepwater Horizon disaster, many oil industry executives and investors thought his mission was accomplished. But now, two years later, the 61-year-old is showing no sign of

Published 19 Jun, 2017 12:00am

Microsoft challenges Sony with powerful new Xbox One X

Microsoft on June 11 unveiled Xbox One X - billing it as the most powerful video console ever made, and escalating a battle with market king PlayStation 4. The $499-addition to the lineup was built with the muscle for seamless play on ultra-high definitio

Published 19 Jun, 2017 12:00am

Facebook gives bots ability to negotiate, compromise

Facebook's artificial intelligence researchers announced June 14 they had broken new ground by giving automated programs or "bots" the ability to negotiate, and make compromises. The new technology pushes forward the ability to create bots "that can reaso

Published 19 Jun, 2017 12:00am

Apple sees autonomous cars as 'core' technology

Apple views autonomous driving systems as a "core technology" for the future, chief executive Tim Cook said in an interview aired June 13. Cook told Bloomberg television that Apple wants to move into the automotive sector because "there is a major disrupt

Published 19 Jun, 2017 12:00am

Huawei Y5 2017 launched in Pakistan

Huawei, the leading telecommunications company has finally launched their flagship device, the latest addition to its winning mid-range series - Huawei Y5 2017. This reliable, powerful, smart and sturdy device embodies all the qualities in the Y Series an

Published 19 Jun, 2017 12:00am

Prysmian sees 10 percent growth for telecom cables business in 2017

Prysmian, the world's largest cable maker, expects revenue at its telecoms operations to rise 10 percent this year, compared with a forecast for sales to be flat for the whole group, the head of the business told Reuters on Tuesday. The Milan-based compan

Published 19 Jun, 2017 12:00am

Number of mobile subscribers hits five billion-mark worldwide

The world's mobile industry has signed up its 5 billionth unique mobile subscriber, according to real-time data from GSMA Intelligence, the research arm of the GSMA. The 5 billion milestone means that more than two-thirds of the global population is now c

Published 19 Jun, 2017 12:00am

Nokia targets gains from web giants with fastest routers

Nokia launched the world's fastest network chips on June 14, breaking into the Juniper and Cisco dominated core router market and giving its existing network business a boost. The new traffic routers can handle the greater demands of virtual reality progr

Published 19 Jun, 2017 12:00am

Yahoo signs off, completes sale to Verizon

Internet pioneer Yahoo ended its two-decade run as an independent company on June 13, completing the sale of its core online assets to telecom giant Verizon. Yahoo's chief executive Marissa Mayer resigned as expected, as Verizon finalized the $4.48 billio

Published 19 Jun, 2017 12:00am

Funds to cut fixed income research as EU rules shake up sector

New rules on pricing investment research are shaking up the European fixed income, currency and commodity (FICC) industry, with many funds planning to scale back or ditch a service that banks use to drum up business. Investment banks and other brokers hav

Published 19 Jun, 2017 12:00am

Funds to cut fixed income research as EU rules shake up sector

Published 19 Jun, 2017 12:00am

China to sell 1st dollar bonds since 2004, after Moody's downgrade

China will sell its first US dollar denominated sovereign bonds since 2004 in coming months along with yuan bonds, in its first overseas issuance of national debt since Moody's downgraded its sovereign credit rating in May. The finance ministry said on Tu

Published 19 Jun, 2017 12:00am

China to sell 1st dollar bonds since 2004, after Moody's downgrade

Published 19 Jun, 2017 12:00am

Kyle Bass still short yuan, says China credit bubble 'metastasizing'

Hayman Capital Management founder Kyle Bass on Thursday said he remains short the Chinese yuan despite the country's latest change to the guidance rate, because he believes credit bubble problems are "metastasizing." "What the public narrative is and what

Published 19 Jun, 2017 12:00am

Kyle Bass still short yuan, says China credit bubble 'metastasizing'

Published 19 Jun, 2017 12:00am

UAE's Dana Gas gets injunction from English court blocking claims on $700 million sukuk

Dana Gas said on Sunday it had obtained an injunction from the English High Court of Justice in London restraining holders of its $700 million of sukuk from taking any hostile action against the company in relation to the Islamic bonds. Last week, the com

Published 19 Jun, 2017 12:00am

UAE's Dana Gas gets injunction from English court blocking claims on $700 million sukuk

Published 19 Jun, 2017 12:00am

Cheaper oil depresses most of Gulf markets but MSCI hopes buoy Saudi index

Most major Gulf stock markets fell on Sunday because of weak oil prices, but hopes that Saudi Arabia will join MSCI's group of emerging markets, which would trigger billions of dollars of fund inflows, buoyed that market. MSCI will announce late on Tuesda

Published 19 Jun, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 80.56-80.60 (previous 80.57-80.60).

Published 19 Jun, 2017 12:00am

Exchange

Israel's Navitas Petroleum plans Tel Aviv share sale

Israel's Navitas Petroleum plans to raise $130 million in bonds and then carry out an initial public offering (IPO) on the Tel Aviv Stock Exchange as it expands operations in the Gulf of Mexico and Canada. The exploration and production company will use t

Published 19 Jun, 2017 12:00am

IMF's Jarvis says Egypt to lift cap on dollar deposits

Egypt's central bank will remove restrictions on dollar deposits in the coming months, the International Monetary Fund's mission chief for Egypt, Chris Jarvis, told the country's Al-Borsa newspaper on Sunday.The move will form part of a package of economi

Published 19 Jun, 2017 12:00am

Investment focus: rotate, not retreat: investors keep faith in stocks

Global equities have recovered rapidly after tumbling this month as technology firms sold off, suggesting investors remain confident about the last of the Trump reflation trades but are taking a more discerning approach to stock-picking. Despite that rece

Published 19 Jun, 2017 12:00am

Wall Street week ahead: tech to see bump in growth weighting in Russell rejig

The largecap technology sector is expected to see a bump in its growth weighting when index provider FTSE Russell completes the annual refresh of its benchmarks next Friday, a move that could lift tech shares targetted in the rejig. The increased signific

Published 19 Jun, 2017 12:00am

Exchange

Qatar riyal quoted below peg but no threat of devaluation

Qatar's riyal is being quoted weaker than its peg against the US dollar as Doha grapples with a diplomatic crisis, but that is the result of poor liquidity in the currency market rather than a serious threat to the peg, bankers in the region say. The riya

Published 19 Jun, 2017 12:00am

Spilak wraps up second Tour of Switzerland title

Slovenian Simon Spilak claimed his second overall Tour of Switzerland victory on Sunday, as Rohan Dennis won the closing time trial in Schaffhausen. Katusha rider Spilak took a 52-second advantage over Damiano Caruso into the final day, and he finished fo

Published 19 Jun, 2017 12:00am

Konta eases into maiden home final

Top seed Johanna Konta cruised past Magdalena Rybarikova in straight sets on Saturday to set up a final in Nottingham against Croatia's Donna Vekic. The Briton reached her maiden WTA Tour final at home, and first on grass, with a comfortable 6-2, 7-5 win.

Published 19 Jun, 2017 12:00am

Fung claims maiden Asian title at Queen's Cup

Malaysia's Nicholas Fung clinched his first Asian Tour title at the Queen's Cup in Thailand on Sunday with a solid putt on the 18th hole that sealed his one-shot victory.The triumph marked a career breakthrough for Fung, who had failed to achieve a top-10

Published 19 Jun, 2017 12:00am

Ward stuns Kovalev in eighth to defend titles

American Andre Ward stopped Sergey Kovalev in the eighth round to retain his IBF, WBA and WBO titles on Saturday in an entertaining rematch of their light heavyweight fight seven months ago. The unbeaten Ward hurt Kovalev with a right hand that buckled hi

Published 19 Jun, 2017 12:00am

Murray in spotlight as Wimbledon looms

Andy Murray says he has only a couple of years left at the top of men's tennis, but the world number one has no intention of relaxing just yet as he sets his sights on a third Wimbledon title.While Roger Federer and Rafael Nadal have defied the ageing pro

Published 19 Jun, 2017 12:00am

Hafeez hails Pakistan spirit for India stunner

Mohammad Hafeez hailed Pakistan's team spirit as the key to their stunning Champions Trophy final triumph against India. Just two weeks ago, Pakistan were at a low ebb after crashing to a humiliating 124-run defeat against India in the group stage. But Pa

Published 19 Jun, 2017 12:00am

Kerb

Muller topples Karlovic in battle of the oldies

Luxembourg's Gilles Muller downed towering Croat Ivo Karlovic on Sunday to claim the title in 's-Hertogenbosch in a final with the oldest combined age for two players since 1976. Muller, 34, beat 38-year-old Karlovic 7-6 (7/5), 7-6 (7/4) in a showdown of

Published 19 Jun, 2017 12:00am

Kerb

Kerber withdraws from Birmingham event

World number one Angelique Kerber has suffered a pre-Wimbledon injury scare, pulling out of this week's Aegon Classic at Edgbaston due to a recurrence of a hamstring problem. The German is also unsure whether she will be able to play at Eastbourne next we

Published 19 Jun, 2017 12:00am

Motor racing: Porsche complete Le Mans hat-trick

Porsche won the 24 Hours of Le Mans for the third year in a row on Sunday with a stunning last-to-first victory in a race of retirements that left early favourites Toyota nursing more heartache. The German manufacturer's 19th outright win at the Circuit d

Published 19 Jun, 2017 12:00am

Wind pummels US Open as final round under way

Powerful winds buffeted the US Open on Sunday as the final round got under way with a cluster of inexperienced contenders aiming to break their major duck. After three days of benign conditions which have led to a feast of low-scoring, the arrival of stro

Published 19 Jun, 2017 12:00am

Badminton: Srikanth, Sato win Indonesia Open

Indian shuttler Kidambi Srikanth on Sunday claimed his first ever Indonesia Open Superseries title after defeating Japanese qualifier Kazumasa Sakai in an impressive win. World No 22 Srikanth who clinched a spot in the final after scoring a victory agains

Published 19 Jun, 2017 12:00am

Macron tipped for landslide in French parliament vote

French voters on returned to the polls on Sunday for the second round of a parliamentary election, which President Emmanuel Macron's youthful party is tipped to win by a landslide, completing his reset of national politics. The assembly is set to be trans

Published 19 Jun, 2017 12:00am

26 injured as plane from Paris hits turbulence in China

At least 26 people were injured, four of them seriously, when a China Eastern Airlines flight from Paris hit turbulence on Sunday over southwest China, state media said. The incident happened when Flight MU744 from Charles de Gaulle Airport was descending

Published 19 Jun, 2017 12:00am

UN veteran is South Korea's first female foreign minister

A United Nations veteran was Sunday appointed as South Korea's first female foreign minister, tasked with easing tensions over North Korea's nuclear ambitions. Kang Kyung-Wha, 62, served as Deputy High Commissioner for Human Rights and Assistant Secretary

Published 19 Jun, 2017 12:00am

Taliban storm police base in eastern Afghanistan, killing five

Taliban attackers stormed a regional police headquarters in eastern Afghanistan Sunday, killing five officers and injuring 22 people in an assault launched by a suicide bomber. Of the seven attackers involved, one blew himself up in a car at the entrance

Published 19 Jun, 2017 12:00am

Spanish Socialists crown new leader as clash with PM Rajoy looms

Spanish Socialist leader Pedro Sanchez said on Sunday he would launch a new bid to build an alliance with other opposition forces to challenge the conservative minority government, as his centre-left party formally backed his re-appointment. Sanchez made

Published 19 Jun, 2017 12:00am

Kuwaiti court overturns death sentence in Iran spy cell case

Kuwait's highest court on Sunday overturned the death sentence imposed by a lower tribunal against a man convicted of belonging to a group Kuwait said was trying to destabilise the Gulf Arab state on behalf of Iran and Lebanon's Hezbollah. Iran has denied

Published 19 Jun, 2017 12:00am

Netanyahu calls to end Palestinian payments to attacker families

Israeli Prime Minister Benjamin Netanyahu Sunday accused the Palestinian president's party of praising Palestinians who killed a policewoman, calling for an end to payments to the families of attackers. Two Palestinians on Friday opened fire on a group of

Published 19 Jun, 2017 12:00am

War with Israel unlikely and relations with Egypt improving: Hamas

Hamas played down on Sunday the possibility that the energy crisis in the Gaza Strip would lead to renewed hostilities with Israel and said relations between the Islamist group and Egypt were improving. "We in Hamas do not initiate wars and we do not expe

Published 19 Jun, 2017 12:00am

Greece blocks EU statement on China human rights at UN

Greece has blocked a European Union statement at the United Nations criticising China's human rights record, a decision EU diplomats said undermined efforts to confront Beijing's crackdown on activists and dissidents. The EU, which seeks to promote free s

Published 19 Jun, 2017 12:00am

Roadside explosion in Cairo kills Egyptian policeman

An Egyptian policeman was killed and four wounded by a roadside explosive near the Cairo suburb of Maadi on Sunday, the Interior Ministry said in a statement."At around 12:45 am on June 18 as a vehicle belonging to the Central Security Forces transported

Published 19 Jun, 2017 12:00am

Twenty five killed in Saudi air strikes on Yemen market

At least 25 Yemenis were killed when Saudi-led coalition aircraft struck a market in the northern Saada province, a local health official said on Sunday, the latest in a string of deadly incidents in the 27-month-old conflict. Officials from the Saudi-led

Published 19 Jun, 2017 12:00am

Bahrain orders Qatar troops to leave

Bahrain has ordered Qatari troops serving with a coalition fighting the Islamic State group to leave its territory, a source with knowledge of the situation said on Sunday. The soldiers, part of the US Naval Forces Central Command (NAVCENT) which is headq

Published 19 Jun, 2017 12:00am

Four missing after tsunami hits Greenland

Four people were listed as missing Sunday after an earthquake sparked a tsunami off Greenland and forced some residents to be evacuated. "Four people are missing," local broadcaster KNR quoted local police chief Bjorn Tegner Bay as telling a news conferen

Published 19 Jun, 2017 12:00am

Four killed in fresh landslides in Bangladesh

Fresh landslides killed four people and sent hundreds fleeing in Bangladesh on Sunday, police said, just days after the worst mudslides on record left more than 150 dead amid a heavy monsoon. Two children were buried in their sleep while two other victims

Published 19 Jun, 2017 12:00am

Three killed in blast at upscale Bogota mall

Three people including a young Frenchwoman were killed and nine wounded Saturday when an explosion rocked an upscale mall in Bogota, as Colombia's only active guerrilla group condemned the blast. President Juan Manuel Santos said there were "no clear indi

Published 19 Jun, 2017 12:00am

North Korea accuses US authorities of 'mugging' its diplomats at NY airport

North Korea accused US authorities on Sunday of "mugging" its diplomats at the John F. Kennedy airport in New York, forcibly confiscating a diplomatic package which it said raised questions about the city as the seat of the United Nations. The North's For

Published 19 Jun, 2017 12:00am

With a weakened leader and reeling from crisis, Britain hurtles into the Brexit unknown

With her strategy unclear and her position insecure, Prime Minister Theresa May plunges this week into tortuous divorce talks with the European Union that will shape Britain's prosperity and global influence for generations to come. At one of the most imp

Published 19 Jun, 2017 12:00am

Bodies of US sailors found in flooded destroyer after Japan crash

The bodies of US sailors missing after their destroyer collided with a container ship off Japan have been found in flooded sleeping berths, a day after the accident tore a huge gash in the warship's side, the US Navy said Sunday. Seven sailors were report

Published 19 Jun, 2017 12:00am

Iraqi forces storm Old City of IS-held Mosul, US reports progress

Iraqi forces began storming the Islamic State-held Old City of Mosul on Sunday, an assault they hope will be the last in the eight-month campaign to seize the militants' stronghold. The historic district is the last still under control of the militants in

Published 19 Jun, 2017 12:00am

Vanuatu president dies of heart attack

The President of Vanuatu, Baldwin Lonsdale, has died of a heart attack, the Vanuatu Daily Post reported Saturday. He was 67. Lonsdale, who sacked his government two years ago over a massive corruption scandal, passed away in the Pacific island nation's ca

Published 19 Jun, 2017 12:00am

Indonesia deploys Sukhoi jets to guard against fleeing militants

Indonesia has deployed Sukhoi fighters at a base in northern Borneo to beef up security in case Islamist militants who overran a town in the Philippines try to flee southwards, an air force colonel told the Antara news agency. The head of the air base in

Published 19 Jun, 2017 12:00am

Nato war game defends Baltic weak spot for first time

US and British troops have carried out the first large-scale Nato defensive drill on the border between Poland and Lithuania, rehearsing for a possible scenario in which Russia might try to sever the Baltic states from the rest of the Western alliance.

Published 19 Jun, 2017 12:00am

Drive against encroachments in full swing

After successful anti-Encroachment Operation at Gujjar Nullah, another gigantic task of encroachments clearance on Ziauddin-Karimabad Road has started in District Central Karachi. So far during this operation more than 180 structures including triple stor

Published 19 Jun, 2017 12:00am

Slums, remote areas: Governor announces support to NGO working for potable water

Governor Sindh Muhammad Zubair has announced to extend all possible support to a local NGO working on installation of a network of RO plants to provide potable water to the inhabitants of slums and remote areas across the country. Talking to a delegation

Published 19 Jun, 2017 12:00am

JI condemns threats

Information Secretary of the Jamaat-e-Islami, Amirul Azeem, has said that on one hand, the Prime Minister and his family members were facing JIT enquiry while on the other hand, the ministers were issuing statements of not accepting the JIT decision.

Published 19 Jun, 2017 12:00am

Debate on budget continues in AJK Legislative Assembly despite holiday

General debate on budget for the fiscal year 2017-2018 in Azad Jammu and Kashmir Legislative Assembly (AJKLA) remained continue on Sunday despite holiday as the House put the rule in abeyance to conclude it before June 23,the Eid ul fitr holidays. The leg

Published 19 Jun, 2017 12:00am

'Major cause of death from heart diseases is lack of awareness,' Professor Nadeem Qamar, NICVD

Professor Nadeem Qamar is the executive director of National Institute of Cardiovascular Diseases (NICVD) in Karachi and has been with the institute for over 20 years. He earned his MBBS from Liaquat Medical College, Jamshoro; completed his residency in I

Published 19 Jun, 2017 12:00am

'Major cause of death from heart diseases is lack of awareness,' Professor Nadeem Qamar, NICVD

Published 19 Jun, 2017 12:00am

Mirza says he's still 'a PPP worker'

The Pakistan Peoples Party (PPP) prime ministers couldn't get justice from the judiciary but now it is the right time of making wise decision regarding the Panama papers scam to meet the expectations of the nation. These views were expressed by the former

Published 19 Jun, 2017 12:00am

Efforts on to bring terror-hit areas back on development track: Khattak

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has said that efficient policing, food autarky through agriculture sector development, efficient road communication integration, transparent governance, skilled manpower and modern equipment are some of the

Published 19 Jun, 2017 12:00am

Ministry asked to ensure ghee, oil standards are met

Islamabad High Court (IHC) has directed Ministry of Science and Technology (MCT) to take appropriate measure to ensure that Punjab Food Authority (PFA) fulfill its commitments under the umbrella of World Trade Organization (WTO) regarding standards of ghe

Published 19 Jun, 2017 12:00am

Energy sector: PTI seeks info about illegal use of tax money

Pakistan Tehreek-e-Insaf (PTI) on Sunday wrote a letter to Principal Secretary to Punjab Chief Minister Shahbaz Sharif and demanded him to provide information regarding illegal usage of tax money and corruption in the energy sector. The PTI leader said in

Published 19 Jun, 2017 12:00am

PTI bars activists from taking part in Reham's gatherings

Pakistan Tehreek-e-Insaaf (PTI) has called on the party workers to avoid gatherings held by Reham Khan during her visit to Swat. In a statement, PTI's provincial spokesperson Shah Farman directed all office-bearers and party activists not to participate i

Published 19 Jun, 2017 12:00am

Displaced Chaman border town residents start to return home

Perturbed by the cross-border clashes between Pakistan and Afghan security forces, the residents of Killi Luqman and Killi Jahangir villages on the border with Afghanistan have started coming back to their homes as peace returned to the town. The fierce c

Published 19 Jun, 2017 12:00am

Agricultural zones alongside CPEC can help fetch $12 billion annually: FPCCI

The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has said agricultural zones along CPEC route from Khunjrab to Gwadar can help Pakistan produce products that can be exported to China to fetch 12 billion dollars annually. "China is impor

Published 19 Jun, 2017 12:00am

KP to receive revenue of Rs 24.682 billion from oil & gas

Khyber Pakhtunkhwa will receive a receipt of Rs 24.682 billion during financial year 2017-18 from the federal government in heads of royalty on oil and gas and development surcharge and excise duty on gas. The province has been blessed with vast natural r

Published 19 Jun, 2017 12:00am

Prices of kitchen items show modest decline

Prices of important kitchen items, including pulses, vegetable, fruits, chicken, eggs, sugar, have slightly decreased in retail market, according to survey conducted by Business Recorder here on Sunday. A five-kilogram onion being sold at Rs 120 wh

Published 19 Jun, 2017 12:00am

Fool Proof security at LGH

Principal Post Graduate Medical Institute and Lahore General Hospital Professor Ghiyas un Nabi Tayyab has said that fool proof security arrangements have been ensured by upgrading the security system at Lahore General Hospital.

Published 19 Jun, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 19	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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