News Archives for Print - 2017-06-23

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Print - 2017-06-23

New York cotton

The following were the fluctuations observed during the day:

Published 23 Jun, 2017 12:00am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 23 Jun, 2017 12:00am

Exchange

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 2,834. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 6.669 billion and the number of lots traded was 29,022. Major business was contributed by

Published 23 Jun, 2017 12:00am

Exchange

European wheat falls on hitting one year high

European wheat traded in negative territory on Tuesday afternoon as traders booked profits after prices hit their highest in nearly a year on growing concern about potential crop damage from a heatwave in France. December milling wheat on Paris-based Euro

Published 23 Jun, 2017 12:00am

US Midwest corn bids narrowly higher

Corn spot basis bids were mostly steady to narrowly higher at US Midwest processors and elevators on Tuesday as farmers continued to delay sales, grain merchants said. Bids gained by 1 cent per bushel at a corn syrup maker near Chicago and by about 4 cent

Published 23 Jun, 2017 12:00am

Activities at Karachi and Qasim ports

The Karachi Port handled 133,447 tonnes of cargo comprising 104,572 tonnes of import cargo and 28,875 tonnes of export cargo including 7,266 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 1

Published 23 Jun, 2017 12:00am

Cotton

Spot rate falls on slow business

After a short break official spot rate dropped modestly on the cotton market on Thursday in the process of slow trade activity, dealers said. The official spot rate was down by Rs 50 to Rs 6600, dealers said. In the ready session, a single deal of 600 bal

Published 23 Jun, 2017 12:00am

Cotton

Cotton prices to remain weak

Cotton prices continue to remain weak since the past eight or nine days due to slow movement of yarn and fabrics from the textile mills who are facing very difficult conditions. Mainly, the textile mill owners have blamed the government for the supply of

Published 23 Jun, 2017 12:00am

Cotton

Cotton prices to remain weak

Published 23 Jun, 2017 12:00am

Rare protest on Thai student leader's arrest anniversary

Anti-junta activists staged a rare protest in Thailand on Thursday demanding the release of a prominent student leader who was detained for sharing a news story about the kingdom's new monarch on Facebook. Jatupat "Pai" Boonpatararaksa, 25, was arrested s

Published 23 Jun, 2017 12:00am

EU pledges 85 millions euros to Uganda for South Sudan refugees

The EU pledged 85 million euros ($95 million) to Uganda on Thursday as UN chief Antonio Guterres urged donors to give 20 times that amount to help the country deal with nearly one million refugees from South Sudan. Guterres visited a refugee camp in Ugand

Published 23 Jun, 2017 12:00am

Boeing wins order dogfight at Paris Air Show

Boeing outpaced its rival Airbus in terms of new orders at this year's Paris Air Show thanks to its new 737 MAX 10 airliner, taking in a total of 571 orders for nearly $75 billion. The 737 MAX 10 is aimed at the biggest part of the commercial airline mark

Published 23 Jun, 2017 12:00am

Main forest fires in Portugal under control

The main forest fires raging in Portugal since the weekend, which have killed more than 60 people, were brought under control on Thursday, the civil protection agency said. The giant blaze broke out initially at Pedrogao Grande and spread to adjacent area

Published 23 Jun, 2017 12:00am

Mexican inflation at highest than eight years in June

Mexico's annual inflation rate rose faster than expected in early June to its highest in more than eight years, reinforcing expectations for another interest rate hike by the central bank on Thursday. Inflation for the year through mid-June was 6.30 perce

Published 23 Jun, 2017 12:00am

Rise in Canadian retail sales bodes well for Q2 economic growth

Canadian retail sales rose in April on higher gasoline prices and increased demand for home appliances and garden supplies, Statistics Canada said on Thursday in a report that lent support to the Bank of Canada's recent hawkish monetary policy stance.

Published 23 Jun, 2017 12:00am

Who might move next? The Bank of England's rate-setters in focus

Bank of England policymakers are increasingly split over the need to raise interest rates for the first time in a decade. A 5-3 vote last week in favour of keeping borrowing costs unchanged was closer than expected, and on Wednesday the BoE's chief econom

Published 23 Jun, 2017 12:00am

US jobless claims nudge higher in mid-June but remain low

New claims for US jobless benefits edged slightly higher in mid-June, but the record streak of low levels continued, indicating the labor market remains tight, the Labor Department reported Thursday. The results suggested the overall jobless rate may rema

Published 23 Jun, 2017 12:00am

Iran sends 1,100 tonnes of food to Qatar daily

Iran is shipping more than 1,000 tonnes of fruits and vegetables to Qatar every day after Gulf countries led by Saudi Arabia cut relations with Doha, Fars news agency reported Thursday. Saudi Arabia, the UAE and Bahrain are among several countries which a

Published 23 Jun, 2017 12:00am

Qatar Airways seeks 10 percent stake in American Airlines

Qatar Airways has notified American Airlines it wants to buy about a 10 percent stake in the US carrier, which confirmed the move Thursday in a securities filing. Qatar Airways disclosed that it planned to buy at least $808 million in shares, and Qatar Ai

Published 23 Jun, 2017 12:00am

Iranian carriers agree to buy Airbus planes

Iranian carriers Iran Airtour and Zagros Airlines have agreed to buy a combined 73 planes from Airbus, the European aircraft maker said on Thursday at the Paris Air Show. Following the end of international sanctions over Tehran's nuclear programme, Irania

Published 23 Jun, 2017 12:00am

Athens rubbish piles up as Greeks protest contracts

Mounds of rubbish festered in soaring temperatures in Athens on Thursday as thousands demonstrated in support of refuse collectors demanding the renewal of their contracts. Authorities said around 5,000 people gathered in central Athens, closing roads to

Published 23 Jun, 2017 12:00am

Surge in Thailand's May exports brightens economic outlook

Thailand's customs-cleared exports rose for a third straight month in May, handily beating expectations, as global demand improved, suggesting the trade-dependent economy was gaining momentum. Exports climbed 13.2 percent in May from a year earlier, the f

Published 23 Jun, 2017 12:00am

Lower Philippine inflation forecast may give central bank more room to hold

The Philippine central bank on Thursday left key interest rates unchanged and cut its forecast for inflation this year, a move likely to reduce expectations for at least one rate hike in the second half. The central bank, which has repeatedly said its pol

Published 23 Jun, 2017 12:00am

Macron faces EU summit pushback on Chinese investments

A push by French President Emmanuel Macron to hand Brussels more powers to control Chinese investments in Europe's key industries faced a setback on Thursday from EU partners who fear a rise of protectionism. European leaders will discuss the thorny topic

Published 23 Jun, 2017 12:00am

Exchange

Nikkei ends lower, Takata shares plummet

Japan's Nikkei share average erased early modest gains on Thursday and edged down, as a stronger yen took its toll on market sentiment. The Nikkei ended 0.1 percent lower at 20,110.51, extending Wednesday's 0.5 percent decline and moving further away from

Published 23 Jun, 2017 12:00am

Gains in healthcare stocks lift Wall Street

Wall Street was higher in late morning trading on Thursday as health stocks got a boost after Republicans unveiled a bill to repeal Obamacare and the energy sector took a breather with oil prices edging up from multi-month lows. The S&P healthcare index r

Published 23 Jun, 2017 12:00am

Exchange

S&P, Dow hurt by energy, banks; biotech boosts Nasdaq

The S&P 500 and Dow stock indexes were weighed down by falling energy shares as oil prices fell on Wednesday and added to investor concerns about low inflation, while healthcare and technology stocks helped lift the Nasdaq Composite index. Energy was the

Published 23 Jun, 2017 12:00am

Exchange

India's BSE index hits record high

India's benchmark BSE index hit a record high on Thursday as steps taken by the capital markets regulator to attract more investments and tackle massive bad loans of banks boosted sentiment. The Securities and Exchange Board of India (SEBI) proposed on We

Published 23 Jun, 2017 12:00am

Southeast Asia Stocks Singapore, Thailand lead gains

Most Southeast Asian stock markets rose on Thursday, led by gains in Singapore and Thailand, but a slide in oil prices to multi-month lows kept investors on edge. Singapore shares rose 0.4 percent, with financials contributing most of the gains, while Tha

Published 23 Jun, 2017 12:00am

Saudi extends rally on new crown prince, MSCI; foreign funds boost Doha

Saudi Arabia's stock market extended on the previous session's rally on Thursday as investors focused on shares likely to benefit from economic reforms and from MSCI's decision while Qatar rebounded as foreign funds were net buyers. The Riyadh index added

Published 23 Jun, 2017 12:00am

Hong Kong stocks flat, investors ponder China MSCI inclusion

Hong Kong stocks were little changed on Thursday, as investors pondered the potential impact of MSCI's decision to include more mainland China stocks in a key benchmark index. The Hang Seng index fell 0.1 percent, to 25,674.53 points, while the China Ente

Published 23 Jun, 2017 12:00am

Oil keeps a lid on European shares

European shares were in store for another weak session on Thursday, pegged back by the slide in commodities-related sectors on the back of depressed oil prices. The pan-European STOXX 600 index was down 0.4 percent, on track for its third day of straight

Published 23 Jun, 2017 12:00am

Sri Lankan shares slip

Sri Lankan shares fell on Thursday in low turnover, retreating from a 17-month closing high, as investors awaited the central bank's monetary policy review. The central bank is expected to keep its key policy rates steady at more than three-year highs, a

Published 23 Jun, 2017 12:00am

Australia shares boost; New Zealand gains

Australian shares rose on Thursday, gaining support from financials and materials for a rebound from the previous session's biggest sell-off this year. The S&P/ASX 200 index closed 0.7 percent or 40.28 points higher to at 5,706.00. On Wednesday, the bench

Published 23 Jun, 2017 12:00am

Pharma, gold miners cushion losses on Britain's FTSE 100

A rise in defensive health care stocks and precious metals miners helped pick Britain's top share index up from a one-week low as oil prices eased, while small cap Imagination Tech soared after putting itself up for sale. The blue chip FTSE 100 index redu

Published 23 Jun, 2017 12:00am

Canadian dollar strengthens on higher oil prices

The Canadian dollar strengthened on Thursday against its US counterpart, boosted by higher oil prices and stronger-than-expected domestic retail sales data, while the country's largest alternative lender got a loan from Berkshire Hathaway Inc Canadian ret

Published 23 Jun, 2017 12:00am

Exchange

Dollar index steady below one-month high

The dollar held steady below a one-month high against a basket of currencies on Thursday, consolidating recent gains tied to bets the US central bank could increase rates once more later this year. The New Zealand dollar edged higher, after the Reserve Ba

Published 23 Jun, 2017 12:00am

Dollar five-year super-cycle is over

Rises in US interest rates will probably prop the dollar up over the next 18 months, but its multi-year run higher since 2012 looks to be over, strategists from British bank Barclays said in a note on Thursday. The swifter recovery of US banks and the US

Published 23 Jun, 2017 12:00am

Exchange

Dollar little changed as low US yields offset solid data

The dollar was flat against a basket of currencies on Thursday as low US bond yields offset in-line data on domestic jobless claims and home prices, keeping it close to the one-month peak it reached earlier this week. The yen garnered some safe-haven dema

Published 23 Jun, 2017 12:00am

Dollar index retreats from one-month high, sterling rises

The dollar slipped from a one-month peak against a basket of currencies on Wednesday, as losses on Wall Street stocks spurred some traders to book profits on gains tied to expectations of possibly another US interest rate increase later this year. Sterlin

Published 23 Jun, 2017 12:00am

Sri Lankan rupee edges up

The Sri Lankan rupee ended slightly firmer on Thursday ahead of the central bank's policy review as a foreign bank sold dollars, but dollar buying by a state bank prevented further strengthening in the rupee, dealers said. Sri Lanka's central bank is expe

Published 23 Jun, 2017 12:00am

Most Asian currencies tepid

The Philippine peso fell as much as 0.2 percent on Thursday to its lowest level in nearly three months, ahead of a central bank meeting later in the day at which policy was expected to remain unchanged. Most other emerging Asian currencies traded within a

Published 23 Jun, 2017 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 80.58-80.60 (previous 80.56-80.60).

Published 23 Jun, 2017 12:00am

BoE rollercoaster leaves pound range-bound, investors split

Sterling traded slightly below $1.27 on Thursday as investors were divided over the prospect of a rise in interest rates from the Bank of England after two of its top officials gave opposing signals on the matter this week. BoE Governor Mark Carney said i

Published 23 Jun, 2017 12:00am

Exchange

Kiwi jumps, Aussie soggy

The New Zealand dollar shot up on Thursday after the central bank held official cash rates at record lows but sounded less dovish than bears in the market had wagered on. Some had expected the Reserve Bank of New Zealand (RBNZ) to do more to talk down a r

Published 23 Jun, 2017 12:00am

Sri Lanka's Malinga in hot water over 'monkey' comment

Sri Lanka fast bowler Lasith Malinga faced an investigation Thursday after he compared a government minister to a monkey following criticism that the country's cricketers were too fat. Sports minister Dayasiri Jayasekera said he ordered an inquiry after M

Published 23 Jun, 2017 12:00am

Frustrated Giro duo Froome's key aides on Tour

Chris Froome's tilt at a fourth Tour de France title will be aided by two riders who saw their Giro d'Italia ambitions ended by a freak accident, Team Sky announced Thursday. Spaniard Mikel Landa and Welshman Geraint Thomas were caught up in a mass fall a

Published 23 Jun, 2017 12:00am

De Villiers vows fightback after T20 rout

Captain AB de Villiers promised South Africa would "fight our way back" after England thrashed them by nine wickets in the first Twenty20 international at Southampton on Wednesday. After the chastening defeat, which came after their first-round exit at th

Published 23 Jun, 2017 12:00am

Oscar gets eight game ban over China brawl

Brazilian international Oscar was banned for eight games on Thursday for triggering a spectacular mass brawl in the Chinese Super League between his Shanghai SIPG side and Guangzhou R&F. After the former Chelsea midfielder appeared twice to fire the ball

Published 23 Jun, 2017 12:00am

India's share of cricket revenue hiked to $405 millions

India's share of world cricket revenues will increase from $293 to $405 million under a new deal agreed at a meeting of the game's global governing body in London, the Press Trust of India reported Thursday. The deal came after India protested a decision

Published 23 Jun, 2017 12:00am

Cilic marches past Kozlov into Queen's quarter-finals

Fourth seed Marin Cilic overpowered American teenager Stefan Kozlov 6-0 6-4 to reach the quarter-finals of the Aegon Championships on the Queen's Club grass on Thursday. Croatian Cilic, winner of the prestigious Wimbledon warm-up event in 2012, romped thr

Published 23 Jun, 2017 12:00am

English FA ends sponsorship deals with betting companies

The English Football Association has ended its sponsorship deals with betting company Ladbrokes and confirmed it was ceasing all commercial agreements with gambling firms. The move comes after the FA was criticised for punishing players for betting violat

Published 23 Jun, 2017 12:00am

Chinese investors buy stake in Parma

Chinese businessman Jiang Lizhang's Desports group has agreed to purchase a 60 percent stake in Italian side Parma, club vice-president Marco Ferrari said Thursday. Former UEFA Cup winners Parma have earned a Serie B berth next season, two years after ban

Published 23 Jun, 2017 12:00am

27 players selected for high performance camp

The National Selection Committee has announced 27 players for a 10-week high performance camp at the National Cricket Academy (NCA), Lahore to be held from July 3, 2017 to Sep 9, 2017. The camp has been organized keeping in view the future commitments of

Published 23 Jun, 2017 12:00am

Afghanistan, Ireland face Test D-Day

Afghanistan and Ireland are poised to become the 11th and 12th members of Test match cricket's close-knit club on Thursday when the sport's governing body meets in London. It's been almost two decades since Bangladesh were the last country to be granted T

Published 23 Jun, 2017 12:00am

Illegal drugs market 'thriving'

The global narcotics market is "thriving", with production of cocaine and opium soaring and opioids wreaking havoc, the UN crime and drugs agency said Thursday in a gloomy annual assessment. "As the report... clearly shows, there is much work to be done t

Published 23 Jun, 2017 12:00am

Ryan wants to 'get moving' on Iran, Russia sanctions

US House of Representatives Speaker Paul Ryan said on Thursday he backs efforts to quickly move legislation to impose new sanctions on Russia and Iran that passed the Senate nearly unanimously but was stalled by a procedural snag in the House. Ryan said R

Published 23 Jun, 2017 12:00am

Fears for thousands of tower block residents after London inferno

Tower blocks housing thousands of people across England are being urgently tested to check if their cladding poses a serious fire risk following the Grenfell Tower disaster, as the government on Thursday blamed decades of neglect. Prime Minister Theresa M

Published 23 Jun, 2017 12:00am

Japan's Daiwa chooses Frankfurt for EU base after Brexit

Daiwa Securities Group will set up a subsidiary in Frankfurt, Japan's No. 2 brokerage said on Thursday, making it one of the first banks to publicly chose Germany to keep a foothold in the European Union after Britain leaves the bloc. The announcement, wh

Published 23 Jun, 2017 12:00am

Trump admits he has no tapes of Comey meetings

US President Donald Trump admitted Thursday he did not have recordings of his private meetings with fired FBI director James Comey, after maintaining the explosive claim of secret Oval Office tapes for weeks. "With all of the recently reported electronic

Published 23 Jun, 2017 12:00am

France outlines tough new anti-terrorism law

French President Emmanuel Macron's government on Thursday set out a tough new anti-terrorism law that has already faced protests from civil rights groups. The proposals presented to the first meeting of a reshuffled cabinet appointed Wednesday are designe

Published 23 Jun, 2017 12:00am

In blow to Britain, UN votes to seek legal opinion on Chagos fate

In a diplomatic blow to Britain, the United Nations voted Thursday to ask the International Court of Justice to rule on the fate of the Chagos islands, the British-ruled Indian Ocean archipelago that hosts an important military base. The Chagos have been

Published 23 Jun, 2017 12:00am

Merkel slaps down May on Brexit talks

German Chancellor Angela Merkel insisted Thursday that the EU's future take priority over Brexit talks as Prime Minister Theresa May met European leaders for the first time since a disastrous election gamble. Under intense pressure on all sides since losi

Published 23 Jun, 2017 12:00am

China orders halt to video streaming on major websites

China's media oversight body announced Thursday that it has ordered three prominent Internet companies to terminate their video and audio streaming services. The State Administration of Press, Publication, Radio, Film and Television said in a statement th

Published 23 Jun, 2017 12:00am

India's opposition pitch Dalit for president

Opposition parties Thursday picked a former parliament speaker from India's lowest Dalit caste as their presidential candidate, pitting her against the ruling party's hot favourite Ram Nath Kovind - also from the marginalised community. Following hours-lo

Published 23 Jun, 2017 12:00am

Court issues notices on Rao Tehsin's plea

The Islamabad High Court (IHC) on Thursday issued notices to the secretaries of the interior and information ministries, as well as the prime minister's principal secretary over former principal information officer (PIO) Rao Tehsin Ali's petition against

Published 23 Jun, 2017 12:00am

Membership for non-NPT states: Member states of NSG should adopt non-discriminatory approach: SASSI

The member states of Nuclear Suppliers Group (NSG) should adopt a non-discriminatory approach on the question of NSG membership for non-NPT states rather than creation of another country-specific exemption to India, said Dr Maria Sultan, Director General

Published 23 Jun, 2017 12:00am

Exchange

SMEDA to establish fruit dehydration unit in Swat

General Manager Out-Reach (GMOR) Small and Medium Enterprises Development Authority (SMEDA), Javed Iqbal Khattak has said that the authority is establishing Fruit Dehydration Unit at Swat. Talking to this scribe, he said that against the world's dried fru

Published 23 Jun, 2017 12:00am

MYC calls for unity of Ummah to resolve global challenges

The Milli Yakjehti Council (MYC), an umbrella organisation of religious parties from different schools of thought, has called for the unity of Ummah to resolve unprecedented national as well as global challenges. Speaking here on Thursday at Al-Quds Confe

Published 23 Jun, 2017 12:00am

'Pakistan continues to be a key market for Standard Chartered' Head of Islamic Banking, Standard Chartered Saadiq

BR Research recently sat down with Azhar Aslam, Head of Islamic Banking at Standard Chartered (SC) Sadiq. The conversation revolved around the bank's progress in Islamic Banking and the issues being faced by the industry. We also discuss the role of digit

Published 23 Jun, 2017 12:00am

'Pakistan continues to be a key market for Standard Chartered' Head of Islamic Banking, Standard Chartered Saadiq

Published 23 Jun, 2017 12:00am

PITB, Telenor sign contract

The Punjab Information Technology Board (PITB), Agriculture Department of Punjab and Telenor signed a contract here on Thursday to become pioneer in the use of smart technology for executing a project, 'Digital and Financial inclusion of Farmers through M

Published 23 Jun, 2017 12:00am

Qasar-e-Zauk scam: NAB distributes Rs 12.61 millions among affectees

The National Accountability Bureau (NAB) Lahore on Thursday distributed cheques worth Rs 12.61 million among the affectees of Qasar-e-Zauk scam. Director General NAB Lahore Shahzad Saleem handed over 40 cheques to the affectees.

Published 23 Jun, 2017 12:00am

622 secondary schools upgraded in Punjab

The Punjab government has decided to upgrade the 622 secondary schools to the level of higher secondary schools in the province. These schools are situated in different districts of the province. The subject of technical education will be introduced in th

Published 23 Jun, 2017 12:00am

Pakistan FMCG importers for lower duties to discourage smuggling

Pakistan FMCG Importers Association has urged the federal Finance Minister Ishaq Dar and the Federal Board of Revenue (FBR) to bring down the Customs duties on different consumers goods as higher rates are contributing to an increased influx of smuggled i

Published 23 Jun, 2017 12:00am

UVAS syndicate approves Rs 3.81 billion budget

The Syndicate of University of Veterinary and Animal Science Lahore approved Rs 3.81 billion budget for the financial year 2017-18 with focus on development, research and improving facilities for quality education and services. Chairing the 49th Syndicate

Published 23 Jun, 2017 12:00am

Illegal housing schemes: LDA destroys infrastructure

The Estate Management Private Housing Sector Directorate of Lahore Development Authority (LDA) destroyed infrastructure including boundary walls, roads and sewerage system of seven illegal private housing schemes in Tehsil Shahkot of district Nankana Sahi

Published 23 Jun, 2017 12:00am

Lesco staff demands safety equipment

The employees of Lahore Electric Supply Company (LESCO) gets furor during a speech of LESCO Chief Syed Wajid Ali Kazmi in a function organised to celebrate uninterrupted power supply to consumers during the holy month of Ramazan. The employees made a hue

Published 23 Jun, 2017 12:00am

Juma-tul-Wida today

Jumatul-Wida, the last Friday of the holy month of Ramazan, is being observed across the country on June 23 (today) with traditional religious zeal and fervour amid stringent security measures. Millions of fasting people across the country will offer Frid

Published 23 Jun, 2017 12:00am

LHC reserves decision in media coverage case

Chief Justice of Lahore High Court Syed Mansoor Ali Shah on Thursday reserved its decision in a petition challenging the ban on media coverage at the airports. The journalists' organizations had approached the court against the ban on media coverage. The

Published 23 Jun, 2017 12:00am

Multan Metrobus to have 11 more feeder routes

In line with the Government of Punjab's plan to upgrade and improve the transport infrastructure bringing convenience and relief to the masses, the Punjab Masstransit Authority (PMA) is in the process of starting operations of the Integrated Public Transp

Published 23 Jun, 2017 12:00am

Australian official discusses trade issues with LCCI members

Australian Trade and Investment Commission's Senior Trade and Investment Commissioner John Madew on Thursday held a meeting with Lahore Chamber of Commerce and Industry (LCCI) office-bearers and discussed matters relating to trade and economy. Regional Bu

Published 23 Jun, 2017 12:00am

Prime Minister felicitates new Saudi Crown Prince

Prime Minister Nawaz Sharif has congratulated Mohammad Bin Salman Bin Abdulaziz Al-Saud on his appointment as the Crown Prince of Saudi Arabia. In his felicitation message, the Prime Minister expressed great confidence that under the most dynamic and visi

Published 23 Jun, 2017 12:00am

Pakistan Railways starts five special trains from today

In order to facilitate the passengers on the eve of Eid, the Pakistan Railways will start five special trains on Friday (today) from Karachi, Quetta Rawalpindi and Multan besides attaching additional passengers' coaches with the scheduled trains throughou

Published 23 Jun, 2017 12:00am

JI Punjab slams RD on import of food items

Jamaat-e-Islami Punjab has resented imposition of regulatory duty on food and other items and demanded of the Federal Board of Revenue to withdraw its notification immediately. Ameer JI Punjab Mian Maqsood Ahmad said that all governments try to provide fo

Published 23 Jun, 2017 12:00am

MCCI urges government to settle pending refund claims

Multan Chamber of Commerce and Industry (MCCI) President Khawaja Jalaluddin Roomi has urged the government to immediately settle all pending refunds claims in order to save manufacturers-cum-exporters, particularly small exporters, from suffering severe l

Published 23 Jun, 2017 12:00am

Van attack victim at London mosque was 'gentle' grandfather

Makram Ali, pronounced dead at the scene of a terror attack on Muslims in London, was a "quiet, gentle" grandfather, his family said Thursday. Ali, 51, died from multiple injuries following Monday's attack, police said. Ali collapsed with a leg problem an

Published 23 Jun, 2017 12:00am

US student jailed by North Korea laid to rest in Ohio

Hundreds of mourners turned out Thursday to pay final respects to Otto Warmbier, the US student imprisoned for more than a year by North Korea and sent back home in a coma that proved fatal. The 800-capacity auditorium at Warmbier's high school in the Cin

Published 23 Jun, 2017 12:00am

US balks at 'abortion' mention in UN call to fight abuse of women

The UN Human Rights Council unanimously adopted a resolution Thursday condemning abuse and discrimination of women, but Washington refused to back one paragraph mentioning access to safe abortions. The strongly-worded resolution, tabled by Canada, express

Published 23 Jun, 2017 12:00am

Tycoon backs charges against ousted South Korea president

A top South Korean business tycoon on Thursday in court backed prosecutors allegations that the ousted South Korean president Park Geun-Hye solicited bribes from businesses in return for policy favours. Chey Tae-Won, chairman of SK, the country's second l

Published 23 Jun, 2017 12:00am

Two chief officers of municipal body suspended

Chief Officer Municipal Committee (MC) Kasur, Rai Muhammad Mansha Tahir and Chief Officer Municipal Committee Mustafabad Muhammad Afzal Zahid have been suspended with immediate effect on account of failure in removal of encroachments alongside main Kasur-

Published 23 Jun, 2017 12:00am

KE supports NICVD chest pain facility in Gulshan

K-Electric, under its sustainability initiative, has partnered with the National Institute of Cardiovascular Diseases for the provision of free-of-cost electricity for a year to its mobile chest pain facility established in Gulshan-i-Iqbal. A ceremony was

Published 23 Jun, 2017 12:00am

ICAP, SBP host AAOIFI public hearing on Islamic banking

Institute of Chartered Accountants of Pakistan (ICAP) in collaboration with the State Bank of Pakistan (SBP) hosted a public hearing on behalf of Accounting & Auditing Organization for Islamic Financial Institutions (AAOIFI) on the Exposure Drafts Governa

Published 23 Jun, 2017 12:00am

Rescue 1122 imparts training to 290 Sub Inspectors

The Punjab Emergency Service, Rescue 1122 imparted training to 290 Sub Inspectors at Police College Sihala to sensitize police for professional emergency response to the victims of emergencies and disaster. An official spokesman said that upon request of

Published 23 Jun, 2017 12:00am

Schools students: Punjab government to start 'meals programme'

The Punjab government has decided to introduce technical education in the schools and as a first step 39 schools have been identified to impart technical education from 8th to 10th classes. Punjab Chief Minister Muhammad Shehbaz Sharif chaired a meeting h

Published 23 Jun, 2017 12:00am

Interviews for post of Additional Prosecutor General from June 29

The Sindh Public Service Commission has notified for the information of all aspirants who had applied for the post of Additional Prosecutor General (BPS-19) in the Law Department, Government of Sindh, that their interviews are would be held from June 29 t

Published 23 Jun, 2017 12:00am

Punjab sets new rates of mining minerals

The Cabinet Committee of the Punjab government reviewed the mining minerals rates lying in Sarghodha, Chakwal, Jhang, Chiniot and Attock and set new rates here on Thursday. The new rates have not yet been notified. Punjab Minister for Mines and Minerals C

Published 23 Jun, 2017 12:00am

CoAS discusses regional security matters with Turkish Prime Minister

Chief of Army Staff (CoAS), General Qamar Javed Bajwa called on Prime Minister of Turkey, Binali Yaldarim on Thursday and discussed with him matters of regional security and other issues of bilateral interests. During the meeting, CoAS General Qamar Javed

Published 23 Jun, 2017 12:00am

Opening of Borki, Kharlachi borders posts hailed

Senior Vice President (SVP), Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI), Zia-ul-Haq Sarhadi has expressed gratitude to Governor KP Iqbal Zafar Jhagra, Federal Minster for Commerce, Khurram Dastagir Khan, Corps Commander, Peshawar, Nazir Ah

Published 23 Jun, 2017 12:00am

KP rejects amendments to Nepra regulations: minister

Provincial Minister for Energy & Power KP, Mohammad Atif Khan has said the federal government intends to make amendments to the Regulation of Generation, Transmission and Distribution of Electric Power Act (RGTD-EPA) 1997 which will compromise neutrality

Published 23 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 16	5297.10
Nasdaq / May 16	16698.32
Dow Jones / May 16	39869.38
India Sensex / May 17	73946.83
Tokyo Nikkei / May 17	38787.38
Hang Seng / May 17	19525.75
FTSE 100 / May 17	8430.62
Germany DAX 30 / May 17	18692.83

Item	Value
Petrol/Litre / May 17	273.10
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210048
Gold Spot USD/Ounce / May 17	2386.18
Diesel/Litre / May 17	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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