News Archives for Print - 2018-06-03

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (June 02, 2018).

Published 03 Jun, 2018 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (June 02, 2018).

Published 03 Jun, 2018 12:00am

Currency

Steadier trend was seen on the money market on Thursday as the rupee showed no change against the dollar in process of trading activity, dealers said. The rupee held the overnight levels against the dollar for buying and selling at Rs 118.50 and Rs 119.00

Published 03 Jun, 2018 12:00am

Currency

THE RUPEE: rates unchanged

Steadier trend was seen on the money market on Thursday as the rupee showed no change against the dollar in process of trading activity, dealers said. The rupee held the overnight levels against the dollar for buying and selling at Rs 118.50 and Rs 119.00

Published 03 Jun, 2018 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (June 02, 2018).

Published 03 Jun, 2018 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (June 02, 2018).

Published 03 Jun, 2018 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (June 02, 2018).

Published 03 Jun, 2018 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 03 Jun, 2018 12:00am

European gasoline margins steady on US stocks rise

Benchmark northwest European gasoline refining margins were little changed on Thursday in a quiet trading session while US weekly inventories rose unexpectedly. US gasoline stocks rose by 534,000 barrels last week, according to Energy Information Administ

Published 03 Jun, 2018 12:00am

CBOT wheat futures higher

Chicago Board of Trade wheat futures closed higher on Thursday on technical buying and worries about crop prospects in the Black Sea region, traders said. CBOT July soft red winter wheat settled up 4-1/4 cents at $5.26-1/4 per bushel. For the month of May

Published 03 Jun, 2018 12:00am

Chinese steel futures climb to two-week high

Chinese steel futures climbed to a two-week high on Thursday, spurred by a survey showing that the manufacturing sector in the world's No. 2 economy grew at the quickest pace in eight months in May. The official Purchasing Managers' Index rose to 51.9 in

Published 03 Jun, 2018 12:00am

CBOT soyabean futures lower on trade jitters

Chicago Board of Trade soyabean futures closed lower on Thursday on technical selling and fears that global trade tensions could curb export demand for US soya, traders said. CBOT July soyabeans settled down 4-1/2 cents at $10.18-1/2 per bushel after dipp

Published 03 Jun, 2018 12:00am

Russia's 2018 crop of winter wheat, rye seen down

Russia's 2018 crop of winter wheat and rye is expected to fall around 10 percent from last year due to dry weather, state weather forecaster Hydrometcentre told Reuters on Thursday. Russia, one of the world's largest grain exporters, harvested 64.3 millio

Published 03 Jun, 2018 12:00am

US OKs start of ETP Rover natural gas pipeline

US federal energy regulators on Thursday approved Energy Transfer Partners LP's (ETP) request to commence service on a couple more segments of its Rover natural gas pipeline in Ohio. The US Federal Energy Regulatory Commission (FERC) authorized ETP to sta

Published 03 Jun, 2018 12:00am

Currency

Indian rice prices rise from one year low

Rice export rates in India rose this week from a one-year low hit last week as weaker prices attracted buyers from Africa, while Bangladesh said it would cancel a deal with the top exporter due to shipment delays. "African buyers are turning to India due

Published 03 Jun, 2018 12:00am

Cotton

Listless business on cotton market

Listless business was seen on the cotton market on Saturday in process of trading, dealers said. The official spot rate was unchanged at Rs 7,400, they added. In the ready session, not a single deal was reported till our going to the press, they said. Mar

Published 03 Jun, 2018 12:00am

South Korean MFG buys 139,000 tonnes of corn

Major Feedmill Group (MFG) bought about 139,000 tonnes of corn in an international tender, the latest in a series of purchases by South Korean firms, European traders said on Thursday. The deal brought the amount of corn purchases by South Korean firms re

Published 03 Jun, 2018 12:00am

Brazilian sugar farmers, cane crushers to halt work due to trucker strike

Brazilian sugar mills and sugarcane suppliers in Sao Paulo state are expected to halt production due to protests by truckers against high fuel prices that have blocked major highways across the country. Sugarcane industry group UNICA predicted on Monday t

Published 03 Jun, 2018 12:00am

Bangladesh tea prices rise

Tea prices in Bangladesh rose at the weekly auction for the third time in a row, due to strong demand for quality leaf amid tight supplies. Bangladeshi tea fetched an average of 229.59 taka ($2.7) per kg at the auction centre in the port city of Chittagon

Published 03 Jun, 2018 12:00am

Asian gasoline crack falls on high supplies

Asia's gasoline crack fell for a sixth straight session on Thursday to $8.10 a barrel, the lowest value since May 15 as high supplies and oil prices weighed. Singapore's onshore light distillates stocks, which comprise mostly gasoline and blending compone

Published 03 Jun, 2018 12:00am

Indonesia coffee premiums rise on weaker dollar

Indonesia's coffee premiums rose this week on a weaker dollar, but gains were capped by an increase in supply due to the start of main harvest in some areas, while trade remained slow in Vietnam at the end of the crop year, traders said on Thursday.

Published 03 Jun, 2018 12:00am

ISO raises forecast for 2017-18 global sugar surplus

The International Sugar Organization (ISO) on Tuesday forecast a global sugar surplus of 10.51 million tonnes in 2017/18, sharply above its previous projection of a 5.15 million tonne surplus. "Since February, the statistical picture has become clearer an

Published 03 Jun, 2018 12:00am

European wheat prices rise on Black Sea crop damage

European wheat prices rose on Thursday, buoyed by gains in US futures and potential weather damage to crops in the Black Sea region, a major competitor to EU wheat on the world market. December milling wheat, the most active contract on the Paris-based Eu

Published 03 Jun, 2018 12:00am

Indian sugar output likely to hit record high next season

India's sugar output is likely to scale record high in the next marketing season, with farmers choosing to plant the crop despite falling prices and around 200 billion rupees ($2.96 billion) in delayed payments from mills for the current harvest. Farmers

Published 03 Jun, 2018 12:00am

Economic recovery to power Brazil stocks through stormy elections

A stronger economy should help Brazilian stocks power through the rest of the year, but growing skepticism towards the October presidential elections is likely to curb gains, the latest Reuters poll of brokers, traders and market strategists showed.

Published 03 Jun, 2018 12:00am

UK funds trim equity exposure, up cash in volatile May

British investors have trimmed back their equity exposure, wary of US protectionist threats, Italian political turmoil and rising US bond yields but most continued to favour emerging markets despite recent hefty selloffs in the sector.

Published 03 Jun, 2018 12:00am

UK funds trim equity exposure, up cash in volatile May

British investors have trimmed back their equity exposure, wary of US protectionist threats, Italian political turmoil and rising US bond yields but most continued to favour emerging markets despite recent hefty selloffs in the sector.

Published 03 Jun, 2018 12:00am

Currency

Global funds cut stocks to nine-month lows in turbulent May

Global investors cut their equity holdings to a nine-month low in May after a turbulent month characterised by revived trade war fears, Italian political turmoil and a spike in US bond yields. The Reuters monthly asset allocation poll of 52 wealth manager

Published 03 Jun, 2018 12:00am

Currency

Global funds cut stocks to nine-month lows in turbulent May

Global investors cut their equity holdings to a nine-month low in May after a turbulent month characterised by revived trade war fears, Italian political turmoil and a spike in US bond yields. The Reuters monthly asset allocation poll of 52 wealth manager

Published 03 Jun, 2018 12:00am

Borrowing costs drop for Italy and Spain as political concerns ease

Italian and Spanish borrowing costs fell on Friday after anti-establishment parties in Italy revived a coalition deal, apparently averting snap elections, while in Spain socialist Pedro Sanchez took over as prime minister.

Published 03 Jun, 2018 12:00am

Borrowing costs drop for Italy and Spain as political concerns ease

Italian and Spanish borrowing costs fell on Friday after anti-establishment parties in Italy revived a coalition deal, apparently averting snap elections, while in Spain socialist Pedro Sanchez took over as prime minister.

Published 03 Jun, 2018 12:00am

Nigeria's IPO market shows signs of life after drought

More companies are lining up to list on the Lagos stock exchange, kick starting Nigeria's IPO market after a long drought. Sources familiar with matter said two companies - Skyway Aviation Handling Company (SAHCOL) and Nigerian Reinsurance Corporation - w

Published 03 Jun, 2018 12:00am

Russia stocks seen hitting record highs but sanctions to weigh

Russia's stock market could hit record highs later this year, recovering levels seen before the latest round of US sanctions, a Reuters poll found. The rouble-denominated MOEX stock index will rise to an all-time high of 2,445 points by the end of the yea

Published 03 Jun, 2018 12:00am

Wall Street set to resume gains, rise six percent from here

Expectations for solid economic and earnings growth will help US stocks find slightly firmer footing in the second half of the year, according to a Reuters poll of strategists who expect the market to gain about 6 percent between now and year-end.

Published 03 Jun, 2018 12:00am

Treasury yields rise

US Treasury yields rose on Friday after data showed the world's largest economy created more jobs than expected in May, fuelling expectations that the Federal Reserve could increase the pace of interest rate rises this year. US two-, 10- and 30-year bond

Published 03 Jun, 2018 12:00am

Treasury yields rise

US Treasury yields rose on Friday after data showed the world's largest economy created more jobs than expected in May, fuelling expectations that the Federal Reserve could increase the pace of interest rate rises this year. US two-, 10- and 30-year bond

Published 03 Jun, 2018 12:00am

Tech leads Wall Street's advance after strong jobs data

Wall Street stocks rose on Friday after the latest monthly jobs report pointed to strength in the US economy and geopolitical tensions eased. Technology stocks led the rally, with gains in heavyweight companies such as Apple, Microsoft and Alphabet liftin

Published 03 Jun, 2018 12:00am

Apple to debut phone-to-phone augmented reality

Apple Inc next week will debut tools to let two iPhone users share augmented reality while limiting the personal data sent to its servers, two people familiar with the matter said this week. Augmented reality (AR) allows viewers to see virtual structures

Published 03 Jun, 2018 12:00am

US may soon claim up to $1.7 billion penalty from China's ZTE

The Trump administration may soon claim as much as $1.7 billion penalty from ZTE Corp, as it looks to punish and tighten control over the Chinese telecommunications company before allowing it back into business, according to people familiar with the matte

Published 03 Jun, 2018 12:00am

Caribbean set to ride 'blue economy' wave: economists

Caribbean countries should dive into the "blue economy" to exploit marine resources, giving their economies a much needed boost, while protecting coastal eco-systems, economists said. The island nations - which have 80 times more sea than land - been hamp

Published 03 Jun, 2018 12:00am

Currency

Turkey says 'addressing economy concerns' after Moody's threat

Turkey on Saturday said it was addressing the concerns of financial markets about the economy after Moody's threatened a further downgrade of the rating on the ability of the government to pay back its debts. Moody's, which had already downgraded Turkey's

Published 03 Jun, 2018 12:00am

Currency

Turkey says 'addressing economy concerns' after Moody's threat

Turkey on Saturday said it was addressing the concerns of financial markets about the economy after Moody's threatened a further downgrade of the rating on the ability of the government to pay back its debts. Moody's, which had already downgraded Turkey's

Published 03 Jun, 2018 12:00am

IMF releases $250 million of Sri Lanka loan, seeks airline shake-up

The International Monetary Fund announced the release of the latest instalment of Sri Lanka's $1.5 billion bailout on Saturday, but warned that restructuring the loss-making national airline was essential to sustain economic recovery. The IMF welcomed the

Published 03 Jun, 2018 12:00am

Free trade talks between China and Sri Lanka hit big hurdles

Talks between China and Sri Lanka for a free trade agreement have hit major hurdles, mainly because Beijing will not agree to Colombo's demand for a review of the deal after 10 years, Sri Lanka's top negotiator said. China has invested billions of dollars

Published 03 Jun, 2018 12:00am

Iran oil exports highest since nuclear deal at 2.7 million bpd

Iran's oil exports hit 2.7 million barrels per day (bpd) in May, the Oil Ministry's news agency SHANA reported on Saturday, a new record since the lifting of international sanctions on Tehran in 2016, and despite the threats of fresh US sanctions. US Pres

Published 03 Jun, 2018 12:00am

Truckers' strike curbs Brazil trade surplus

Brazil's trade surplus shrank more than expected in May, weighed down by nationwide truckers strikes that blocked key highways in Latin America's largest economy. The trade surplus fell 22 percent from the year before to $5.981 billion, data from the trad

Published 03 Jun, 2018 12:00am

Canada auto sales fall marginally

Canada's auto sales recorded a small dip in May as strong sales of light trucks failed to offset slowing demand for passenger cars. Overall auto sales fell 0.7 percent in May, with passenger cars posting a 9.4 percent decline to 68,070 units, according to

Published 03 Jun, 2018 12:00am

US auto sales rise slightly in May

May sales of new vehicles in the United States rose an estimated 2 percent as low unemployment and strong consumer confidence helped mitigate the impact of rising interest rates and fuel prices, Ford Motor Co executives said on Friday. Robust Memorial Day

Published 03 Jun, 2018 12:00am

British discount retailer Poundworld nears rescue

British discount retailer Poundworld is close to a rescue deal with former Austin Reed owner Alteri Investors, Sky News reported on Saturday, with the deal likely to be announced next week. Private equity group TPG put Poundworld up for sale after receivi

Published 03 Jun, 2018 12:00am

Fed's Williams says rates may start to brake growth by next year

The Federal Reserve should continue to raise rates gradually over the next two years, a US central banker said on Friday, with higher borrowing costs perhaps beginning to act as a brake on growth starting early next year. The Fed is about three rate hikes

Published 03 Jun, 2018 12:00am

Aid effort for South Sudan refugees critically short of money: UN

Efforts to assist millions of people fleeing South Sudan in Africa's biggest refugee crisis face a critical funding shortfall of nearly $800 million, a top regional United Nations official said on Friday. The five-year civil war has hit women and children

Published 03 Jun, 2018 12:00am

China's COSCO to build $2 billion shipping port in Peru

China's COSCO Shipping Holdings Co Ltd will build and operate a $2 billion port on Peru's Pacific coast, part of $10 billion upcoming Chinese investments in the copper-producing nation, China's ambassador to Peru announced on Friday. The proposed port in

Published 03 Jun, 2018 12:00am

Currency

Venezuela says postponed currency overhaul now set for August 4

Venezuela said on Saturday a postponed currency overhaul to remove three zeroes from the devalued bolivar would take place on August 4, two months later than originally planned. President Nicolas Maduro's socialist government is taking the measure in resp

Published 03 Jun, 2018 12:00am

Russia partially lifts ban on potato exports from Egypt

Russia has agreed to ease a ban on potato exports from eight farming areas in Egypt, allowing shipments to resume from June 6, Egyptian Trade Minister Tarek Kabil said in a statement on Saturday. The decision to partially lift restrictions came after Egyp

Published 03 Jun, 2018 12:00am

Thousands in Argentina protest against utility costs, IMF

Tens of thousands of demonstrators marched in the Argentine capital Friday to protest talks between the government and the IMF amid fresh public anger over a hike in utility prices. Even as demonstrators gathered on Plaza de Mayo to bring political heat t

Published 03 Jun, 2018 12:00am

Russia to boost presence on global LNG market, helped by lower costs

Russia plans to raise its annual production of seaborne liquefied natural gas (LNG) to as much as 120 million tonnes by 2035 and take market share from Australia and the United States by capitalising on low costs, a deputy energy minister said. In Decembe

Published 03 Jun, 2018 12:00am

Tunisia to raise fuel prices, hold off public wages increases

Tunisia will raise fuel prices in the coming days but hold off increasing public wages this year to meet terms of the International Monetary Fund for its next loan tranche, a government official and diplomatic sources told Reuters. Tunisia has dropped int

Published 03 Jun, 2018 12:00am

Russian oil output stagnant but remains above quotas

Russian oil output was stagnant at 10.97 million barrels per day (bpd) for a third month in a row in May, again exceeding quotas set under a global deal, Energy Ministry data showed on Saturday. Russia, one of the world's largest crude producers, and the

Published 03 Jun, 2018 12:00am

Currency

BlackRock EM fund has bought Turkey's lira, dollar-bonds

Asset manager BlackRock has raised its exposure to Turkey's battered currency and hard-currency bonds in the wake of the recent sell-off, Sergio Trigo Paz, the firm's head of emerging markets portfolio management, said on Thursday. "We have lately investe

Published 03 Jun, 2018 12:00am

Currency

BlackRock EM fund has bought Turkey's lira, dollar-bonds

Asset manager BlackRock has raised its exposure to Turkey's battered currency and hard-currency bonds in the wake of the recent sell-off, Sergio Trigo Paz, the firm's head of emerging markets portfolio management, said on Thursday. "We have lately investe

Published 03 Jun, 2018 12:00am

Currency

Goldman Sachs cuts euro/dollar forecasts

US investment bank Goldman Sachs said on Wednesday it had cut its euro/dollar forecast for the next 3, 6 and 12-months because of uncertainty stemming from Italy's political crisis, while HSBC said the dollar's recent rally had further to run. Goldman sai

Published 03 Jun, 2018 12:00am

Currency

African currencies week ahead: Kenyan, Zambian currencies to make gains, Uganda's to weaken

The Kenyan shilling and Zambia's kwacha are set to make gains against the dollar, while the currencies of Tanzania and Ghana are forecast to remain stable.

Published 03 Jun, 2018 12:00am

Currency

Japan drops plans to lower max leverage on margin FX trades

Japan's Financial Services Agency (FSA) is scrapping a plan to reduce the maximum leverage allowed for margin currency trading, a source with direct knowledge of the matter said on Tuesday. The country's financial watchdog had been seeking to cut the maxi

Published 03 Jun, 2018 12:00am

Currency

South African rand heads for weekly loss

South Africa's rand was set for a loss of around 1 percent against the dollar this week, as a manufacturing survey suggested that the economy was not yet firing on all cylinders under President Cyril Ramaphosa. The rand traded mostly in positive territory

Published 03 Jun, 2018 12:00am

Currency

Canadian dollar flat

The Canadian dollar was little changed against the greenback on Friday as the prospect of a Bank of Canada interest rate hike in July offset escalating trade tensions between Canada and the United States. At 4 p.m. EDT (2000 GMT), the Canadian dollar was

Published 03 Jun, 2018 12:00am

Currency

Strong jobs report buoys dollar as trade tensions rise

Better-than-expected US employment data on Friday kept the dollar afloat, even as the European Union, Canada and Mexico are expected to retaliate to the import tariffs on steel and aluminium announced by President Donald Trump. Domestic job growth acceler

Published 03 Jun, 2018 12:00am

Libor

Mexico central bank makes final call to sign new FX ethics code

Mexico's central bank this week made a final push to convince local banks and brokers to sign on to a code of conduct for the foreign exchange market that aims to curb abusive practices like collusion. Banks and brokers face a Thursday deadline to sign on

Published 03 Jun, 2018 12:00am

Libor

Mexico central bank makes final call to sign new FX ethics code

Mexico's central bank this week made a final push to convince local banks and brokers to sign on to a code of conduct for the foreign exchange market that aims to curb abusive practices like collusion. Banks and brokers face a Thursday deadline to sign on

Published 03 Jun, 2018 12:00am

Currency

Dollar net shorts fall to five-month low

Speculators' net short dollar positioning slid to its lowest level in five months, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net short dollar position was $4.85 billion in the w

Published 03 Jun, 2018 12:00am

Currency

Cryptocurrency blowing in the wind as mine opens in Estonia

A state-owned Estonian wind farm launched a cryptocurrency mine on Friday, hoping to cash-in on Mother Nature's unlimited supplies of power on a windswept Baltic Sea island, a company official said. Mining virtual currencies, like bitcoin, ethereum or rip

Published 03 Jun, 2018 12:00am

FX settlement provider CLS invests in blockchain consortium R3

Foreign exchange settlement provider CLS has invested $5 million in R3, the New York-based blockchain startup, CLS and R3 told Reuters on Wednesday. CLS, which settles over $5 trillion of payment instructions a day for its members, will take a seat on R3'

Published 03 Jun, 2018 12:00am

Currency

Blockchain and cryptocurrency startup Paxos raises $65 million

Blockchain and cryptocurrency startup Paxos has raised $65 million from investors including venture capital firms RRE Ventures and Liberty City Ventures, the New York-based company said on Thursday. Paxos will use the cash injection to expand its operatio

Published 03 Jun, 2018 12:00am

Currency

Bearish bets piling up on most Asian currencies as risk sentiment sours

Investors increased bearish bets on most Asian currencies in the past two weeks, with short positions on the Philippine peso at the highest since 2008, as rising oil prices and turmoil in Italy dampened appetite for riskier assets, a Reuters poll showed.

Published 03 Jun, 2018 12:00am

People might think I'm a homeless person, says US Open champ Stephens

US Open champion Sloane Stephens claims she is so unfazed by being a Grand Slam champion that people could mistake her for a homeless person. The 25-year-old American stunned the sport - as well as herself - last year when she raced to victory in New York

Published 03 Jun, 2018 12:00am

Halep reaches last 16

Top seed Simona Halep eased to a 7-5, 6-0 victory over German Andrea Petkovic to reach the French Open fourth round on Saturday. Petkovic struggled with a right knee injury in the second set as Romanian Halep moved into the second week at Roland Garros fo

Published 03 Jun, 2018 12:00am

Sharapova sets up potential Serena clash, Nadal downs Gasquet for 16th time

Maria Sharapova marked her first appearance on Court Philippe Chatrier in three years with a 6-2, 6-1 rout of Karolina Pliskova to set-up a potential French Open last-16 duel with nemesis Serena Williams on Saturday, while 10-time champion Rafael Nadal de

Published 03 Jun, 2018 12:00am

World Cup fever mounts as France turns on the TV

Over 7.6 million viewers tuned in to French television's TF1 to see France thump Italy 3-1 in Nice in their second World Cup warm up game, according to figures released on Saturday The Friday evening prime time slot featuring a sumptuous goal from Barcelo

Published 03 Jun, 2018 12:00am

Vaughan warns Broad 'you haven't won yet'

Michael Vaughan warned Stuart Broad he was not beyond criticism after the England paceman was angered by his former captain's comments prior to the ongoing second Test against Pakistan at Headingley. England came under fire after a shambolic display in a

Published 03 Jun, 2018 12:00am

Troubled Sterling booked for diving as England down Nigeria

England kicked off their World Cup preparations with a 2-1 friendly win over Nigeria, but Raheem Sterling ended a troubled week on a low note as the Manchester City star was booked for diving. Gareth Southgate's side swept into a two-goal lead as Gary Cah

Published 03 Jun, 2018 12:00am

Annual Shandur Polo festival to be held in July

After a gap of over two years, the annual Shandur Polo Festival will be held on its old schedule next month (July), told an official of the Tourism Corporation Khyber Pakhtunkhwa (TCKP) here Saturday. "The event would be organized from July 7-9, 2018 as f

Published 03 Jun, 2018 12:00am

FIFA clears Morocco 2026 World Cup bid for runoff against North America

Morocco's bid to host the 2026 World Cup has been cleared by FIFA to proceed to a runoff vote against a bid from North America. "The Moroccan bid has been accepted," Moncef Belkhayat, a former sports minister who sits on the committee, said after the bid

Published 03 Jun, 2018 12:00am

England batsmen share load and keep Pakistan under pressure

Every England batsmen contributed but not one reached a half-century as Joe Root's side ratcheted up the pressure on Pakistan in the second test to lead by 128 at the end of a rain-affected second day at Headingley on Saturday. By the late close, England

Published 03 Jun, 2018 12:00am

WW2 shell defused at Brussels airport

Bomb disposal experts have defused a Second World War shell found during building work at Brussels' international airport, officials said on Saturday. The shell was discovered during excavation work on part of the apron located "at a safe distance" from t

Published 03 Jun, 2018 12:00am

Seven killed in storm Alberto flooding in Cuba

Heavy flooding caused by Subtropical Storm Alberto killed seven people when it struck Cuba, Civil Defence officials said on Saturday. Two people are also missing after the storm slammed the island earlier in the week, officials said in a statement publish

Published 03 Jun, 2018 12:00am

Myanmar says willing to take back all Rohingya refugees

Myanmar is willing to take back all 700,000 Rohingya Muslim refugees who have fled to Bangladesh if they volunteer to return, the country's National Security Adviser Thaung Tun said on Saturday. He was speaking at the Shangri-La Dialogue, a regional secur

Published 03 Jun, 2018 12:00am

Five new Ebola cases in DR Congo

Health authorities in Democratic Republic of Congo said Saturday they had detected five fresh suspected cases of Ebola in the deadly outbreak afflicting the northwest of the country. Three new cases were recorded in the Bikoro area and two in Wangata, the

Published 03 Jun, 2018 12:00am

US man built deadly secret tunnels over 'North Korea' fear

A US millionaire is to appear in court on Friday charged in the murder of a man recruited to build tunnels at his home near the US capital for protection against North Korea, reports say. Daniel Beckwitt, a conspiracy theorist and millionaire stock trader

Published 03 Jun, 2018 12:00am

America's poor becoming more destitute under Trump: UN expert

Poverty in the United States is extensive and is deepening under the Trump administration whose policies seem aimed at removing the safety net from millions of poor, while rewarding the rich, a UN human rights investigator has found.

Published 03 Jun, 2018 12:00am

Protesters attack 'immoral' Trump policy on immigrant families

Human rights groups took to the streets in cities across the United States on Friday to protest the Trump administration's policy to separate asylum-seeking Central American immigrant children from their parents. Hundreds of people chanted "families belon

Published 03 Jun, 2018 12:00am

US military looking at deploying anti-missile system in Germany

The US military has held preliminary discussions about moving a powerful missile defence system to Germany to boost European defences, according to two sources familiar with the issue, a move that experts said could trigger fresh tensions with Moscow.

Published 03 Jun, 2018 12:00am

Death toll tops 100 in fight for key Yemen port

The battle for a major rebel-controlled port in Yemen has left more than 100 soldiers and insurgents dead in less than a week, medics and military sources said Saturday. Yemeni forces are fighting to close in on the Red Sea port of Hodeida, the main condu

Published 03 Jun, 2018 12:00am

At least 18 killed as fresh storms hit north India

Fresh wind storms swept across northern India killing at least 18 people and leaving a trail of damage, officials said Saturday. The latest in a series of freak storms that have left hundreds dead battered Uttar Pradesh state late Friday with winds of 100

Published 03 Jun, 2018 12:00am

Italy's new PM Conte begins work

Italy's new prime minister Giuseppe Conte attended a military parade on his first full day in office Saturday, while his outspoken deputy Matteo Salvini was to head to Sicily as part of his campaign against illegal immigration. The military parade, which

Published 03 Jun, 2018 12:00am

Syria FM links talks on south to US withdrawal from border area

Syria's foreign minister on Saturday linked any talks on the future of a rebel-held southern region with the departure of US forces from another area bordering Iraq and Jordan. Regime ally Russia has called for a meeting with the United States and Jordan

Published 03 Jun, 2018 12:00am

Indian taxi driver arrested over Japanese tourist rape

A taxi driver accused of raping and threatening a Japanese vacationer near a prominent Indian tourist destination has been arrested, police said Saturday. The 30-year-old visitor said she had flagged down the driver's cab on Wednesday in Manali, a resort

Published 03 Jun, 2018 12:00am

Qatar's beIN off-air in UAE amid crisis and pirate claims

Television channels belonging to Qatar media giant beIN were blank for thousands of United Arab Emirates viewers Saturday, as the anniversary of a diplomatic dispute between the countries approaches. Digital television company Du said the blank screens we

Published 03 Jun, 2018 12:00am

Al Shabaab fighters seize town in central Somalia

Somalia's militant Islamist group al Shabaab has retaken a small town in the centre of the country after it was abandoned by government troops, residents said on Saturday. Fighting broke out in the town of Muqokori, about 300 kilometres north of the capit

Published 03 Jun, 2018 12:00am

Thousands at funeral for Gaza volunteer killed on Israel border

Thousands of Palestinians attended the funeral Saturday of a young female volunteer medic killed by Israeli fire in violence on the border in southern Gaza. Razan al-Najjar, 21, a volunteer with the Gaza health ministry, was fatally shot in the chest near

Published 03 Jun, 2018 12:00am

Palestinian shot dead

A Palestinian man who tried to hit Israeli soldiers with a small tractor in the occupied West Bank city of Hebron was shot dead, the army said. "The 35-year-old terrorist from Beit Ummar, northwest of Hebron, attempted to run over an (Israeli military) of

Published 03 Jun, 2018 12:00am

US vetoes UN resolution on protecting Palestinians

The United States vetoed Friday an Arab-backed UN draft resolution calling for measures to protect the Palestinians but failed to win any backing for its own text condemning Hamas for the violence in Gaza. The two failed votes at the Security Council came

Published 03 Jun, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / May 15	278.43
USD PKR Interbank Buying / May 15	278.23
USD to Japanese Yen / May 15	156.28
USD to Swiss Franc / May 15	0.91
Pound Sterling to USD / May 15	1.26
Euro to USD / May 15	1.08

Stock	Volume
S&P 500 / May 14	5246.68
Nasdaq / May 14	16511.18
Hang Seng / May 14	19073.71
Dow Jones / May 14	39558.11
India Sensex / May 15	73025.23
Tokyo Nikkei / May 15	38385.73
FTSE 100 / May 15	8467.99
Germany DAX 30 / May 15	18796.11

Item	Value
Petrol/Litre / May 15	288.49
Crude Oil USD/Barrel / May 15	78.55
Karachi Cotton PKR/37.32 KG / May 15	19935
Gold 10 Grams PKR / May 15	209191
Gold Spot USD/Ounce / May 15	2361.55
Diesel/Litre / May 15	281.96

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

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

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

Most Popular