News Archives for Print - 2018-12-15

Print - 2018-12-15

Currency

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Friday (December 14, 2018).

Published 15 Dec, 2018 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (December 14, 2018).

Published 15 Dec, 2018 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (December 14, 2018).

Published 15 Dec, 2018 12:00am

Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (December 14, 2018).

Published 15 Dec, 2018 12:00am

Currency

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (December 14, 2018).

Published 15 Dec, 2018 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (December 14, 2018).

Published 15 Dec, 2018 12:00am

Barclays bid rates and maximum rates for payment of interest

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

Published 15 Dec, 2018 12:00am

Currency

State Bank of Pakistan conversion rates

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

Published 15 Dec, 2018 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 15 Dec, 2018 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 15 Dec, 2018 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 15 Dec, 2018 12:00am

Meghan presents fashion award to wedding dress designer Waight Keller

Givenchy's artistic director Clare Waight Keller Monday received the British designer of the year womenswear award from Meghan Markle, whose dress she designed for her wedding to Prince Harry. "It is such a pleasure to be here celebrating British fashion,

Published 15 Dec, 2018 12:00am

BRIDGE NOTES: Keeping the bidding in mind

In Bridge, silence can sometimes be golden. Although we are expected to bid our values whenever opportunity arises, if does not always give dividends, rather it is the other way around. For with the information divulged the opposing side, particularly the

Published 15 Dec, 2018 12:00am

Sinatra auction fetches $9.2 million in New York

It was definitely "All" rather than "Nothing at All" at a Frank Sinatra auction in New York, where items owned by the late icon and his fourth wife fetched $9.2 million, Sotheby's said last Friday. And 99 percent of the lots, spread out this week in the U

Published 15 Dec, 2018 12:00am

The modern artists for whom the ancient Dutch bells toll

When a musical legend dies, a tribute can often be heard ringing out from the most unexpected of places: the tallest church tower in the Netherlands. Days after French crooner Charles Aznavour's death in October, the strains of his 1963 hit "For me, formi

Published 15 Dec, 2018 12:00am

Kennedy Center gala honours best in arts, George H.W. Bush

Hollywood A-listers and Washington politicos celebrated the best in performing arts Sunday at the Kennedy Center Honors gala, which opened with a standing ovation for late president George H.W. Bush. The posh annual awards programme - a rare night of red-

Published 15 Dec, 2018 12:00am

New lease of life for Portugal's booming ceramics bastion

Ignoring temporary walls which point to ongoing large-scale expansion, workers burn the midnight oil at Portugal's byword for ceramic creativity to meet orders from around the globe. For more than 130 years, Bordallo Pinheiro has been producing all manner

Published 15 Dec, 2018 12:00am

11th Aalmi Urdu Conference 2018: True colours of Urdu prose and poetry

Aalmi Urdu Conference has now become an important part of our calendar. This year also the conference was hosted by Arts Council of Pakistan, Karachi aimed to promote literature and culture among the masses. The Aalmi Urdu Conference first took place in 2

Published 15 Dec, 2018 12:00am

Face off: Realistic masks made in Japan in demand

Super-realistic face masks made by a tiny company in rural Japan are in demand from the domestic tech and entertainment industries and from countries as far away as Saudi Arabia. The 300,000-yen ($2,650) masks, made of resin and plastic by five employees

Published 15 Dec, 2018 12:00am

Black heritage museum, 'crucible of creativity', opens in Dakar

A museum showcasing black heritage from the dawn of time to the modern era opened in the Senegalese capital Dakar on last Thursday. The opening came as African countries press harder for the restitution of artwork from their former colonial masters - and

Published 15 Dec, 2018 12:00am

ART FACTS: Concept of choice

The elements of Wardha Shabbir's paintings draws viewers towards her artworks in a solo show titled "The Space Within", at Canvas Gallery, Karachi. Influenced by gardens depicted in historic manuscripts she presented those gardens in contemporary perspect

Published 15 Dec, 2018 12:00am

Chile's pine forests: a botanical dinosaur bound for extinction?

In Quinquen, an indigenous community in southern Chile, Ricardo Melinir shows off a forest of Chilean pine trees - the araucaria araucana, a "living fossil" seen as sacred by several local tribes. He managed to save the "Monkey Puzzle" trees - some of whi

Published 15 Dec, 2018 12:00am

Ice is a lifeline for the world's coldest region

Innokenty Tobonov sinks his harpoon into a long block of ice while his helpers expertly push it out of freezing lake waters onto the snow-dusted surface before sliding it towards an idling tractor. After an hour of cutting ice blocks out of the lake in te

Published 15 Dec, 2018 12:00am

Combining cash and compassion

You are either mercenary or you are a philanthropist; you are either a missionary or you are a capitalist; you are a corporate raider or a social worker; you are an empire builder or a cause promoter. This either and or mindset has prevailed from time mem

Published 15 Dec, 2018 12:00am

Shanghai steel prices climb for Second day

Shanghai steel prices jumped for a second straight day on Thursday, buoyed by expectations that China could launch more infrastructure projects next year which could boost demand in the world's top steel consumer. The Chinese government has tweaked its pr

Published 15 Dec, 2018 12:00am

Cotton

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,679. The traded value of Metals, Energy and COTS/FX was recorded at 16.344 billion and the number of lots traded 27,086.

Published 15 Dec, 2018 12:00am

USDA confirms US soyabean sales to China

Private exporters have sold 1.13 million tonnes of US soyabeans for delivery to China, the US Agriculture Department said on Thursday, confirming sales Reuters reported a day earlier, though soya futures fell as traders hoped for more deals.

Published 15 Dec, 2018 12:00am

CBOT soyabean futures fall to one week low

Chicago Board of Trade (CBOT) soyabean futures fell to a one week low on Thursday as confirmation of a 1.13-million-tonne sale of US soyabeans to China failed to impress traders who are shifting their focus to burdensome US and global supplies. CBOT Janua

Published 15 Dec, 2018 12:00am

EU wheat crop jumps to four-year high

European Union grain crops will jump in 2019 with soft wheat, the main crop cultivated in the bloc, hitting a four-year high due mainly to a sharp rise in projected yields after a severe drought this year, Strategie Grains said on Thursday. In its first e

Published 15 Dec, 2018 12:00am

Activities at Karachi and Qasim Ports

The Karachi Port handled 151,030 tonnes of cargo comprising 102,971 tonnes of import cargo and 48,059 tonnes of export cargo including 7,411 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargos of 10

Published 15 Dec, 2018 12:00am

Cotton

Selective buying on cotton market

Selective buying was witnessed on the cotton market on Friday as mills took interest in purchasing fine quality in the process of modest trading, dealers said. The official spot rate was unchanged at Rs 8,800, they added. Prices of seed cotton in Sindh im

Published 15 Dec, 2018 12:00am

Asian naphtha rises to 1-1/2-week high

Asia's naphtha crack extended gains to hit a 1-1/2 week high of $42.28 a tonne on Thursday as strong demand helped soak up excess supplies, boosting spot prices. Traders said South Korea's Hanwha Total could have paid a discount of about $1.50 a tonne to

Published 15 Dec, 2018 12:00am

Nikkei falls as China data, BoJ tankan outlook dent mood

Japan's Nikkei tumbled on Friday, led by SoftBank and other large-cap stocks, hit by a dull futures and options expiry and worrisome economic indicators from China and Japan. The Nikkei share average dropped 2.0 percent at 21,374.83. The index had climbed

Published 15 Dec, 2018 12:00am

Friday's early afternoon trade: stocks slump on global worries, J&J's report

US stocks slumped on Friday as weak data from China and Europe stoked fears of a global economic slowdown, while Johnson & Johnson slid after Reuters reported the company knew for decades that asbestos lurked in its Baby Powder. The report, which J&J has

Published 15 Dec, 2018 12:00am

Wall Street ends flat as nervous investors flock to defensive shares

The S&P 500 finished little changed after a volatile session on Thursday, as investors continued to be spooked by uncertainty on both domestic and international issues, driving up bids for defensive shares while financials and consumer discretionary stock

Published 15 Dec, 2018 12:00am

Australian, New Zealand shares down

Australian shares skidded on Friday as data in China showed the economy of the Pacific nation's biggest trading partner losing further momentum, underlining the risks to global growth from the Sino-US trade dispute. The S&P/ASX 200 index fell 1.1 percent

Published 15 Dec, 2018 12:00am

Treasury yields mixed in choppy trading

US Treasury yields were narrowly mixed on Thursday, generally trading in line with US equities, with investors also focused on the European Central Bank's lower growth and inflation forecasts for next year as well as a warning of economic risks to the reg

Published 15 Dec, 2018 12:00am

Treasury yields mixed in choppy trading

Published 15 Dec, 2018 12:00am

Indian shares surge

Indian shares eked out a slightly positive finish on Friday, with the NSE closing above 10,800 points for the first time in 10 days, buoyed by gains in energy, IT and telecom sectors. The broader NSE index closed 0.13 percent firmer at 10,805.45, while th

Published 15 Dec, 2018 12:00am

China shares slump

Chinese shares slumped on Friday, with investor worries about the state of domestic economy rising on fresh data that showed weakening consumer sentiment and slowing industrial growth amid trade tensions with the United States. At the close, the Shanghai

Published 15 Dec, 2018 12:00am

European shares on track for worst quarter since 2011

European shares closed lower for a second day on Friday as weak European and Chinese data renewed worries about global growth and sent a pan-European benchmark on course for its worst quarter since 2011. The euro zone STOXX 600 index ended the day down 0.

Published 15 Dec, 2018 12:00am

Southeast Asian stocks largely lower

Most Southeast Asian stock markets closed lower on Friday after a set of weak data from the region's biggest trade partner China signalled at concerns around global economic slowdown and apprehensions over Washington and Beijing's trade negotiations. Chin

Published 15 Dec, 2018 12:00am

Poor China data caps turbulent week for FTSE as investors rush for exits

Weak economic data from China sent Britain's top stock index down on Friday as miners, consumer stocks and banks suffered from investors' mounting anxiety about the world's second-biggest economy. The FTSE 100 ended the day down 0.7 percent, while the FTS

Published 15 Dec, 2018 12:00am

Brazil launches first of five French-technology attack subs

Brazil on Friday launched with military pomp the first of five navy attack submarines it is building under a $7.6-billion technology-sharing deal struck with France. President Michel Temer and his elected successor Jair Bolsonaro attended the hours-long c

Published 15 Dec, 2018 12:00am

Currency

Russian central bank raises interest rate

Russia's central bank on Friday hiked its key interest rate for the second time this year, saying inflationary risks and external factors justified the rise from 7.50 to 7.75 per cent. The bank increased rates by the same margin in September, the first su

Published 15 Dec, 2018 12:00am

Jordanians take to Amman streets over tax law

A thousand Jordanians took to the streets of Amman on Thursday to protest an income tax law adopted in November under an austerity programme aimed at reducing public debt. The protesters gathered near Prime Minister Omar Razzaz's office, which was cordone

Published 15 Dec, 2018 12:00am

Eurozone businesses end 2018 on a sour note

Eurozone businesses ended the year in a gloomy mood, expanding their operations at the slowest pace in over four years as new order growth all but dried up, hurt by trade tensions and violent protests in France, a survey showed on Friday. The downbeat fig

Published 15 Dec, 2018 12:00am

Air Berlin liquidator sues Etihad for two billion euros

The liquidator winding up defunct Air Berlin is suing major shareholder Etihad Airways for compensation of up to two billion euros ($2.26 billion), a court in the German capital said Friday.

Published 15 Dec, 2018 12:00am

Bitcoin ransoms just are not what they used to be

Give me bitcoin or your life. Seriously? The people behind a rash of bomb threats made across the United States and Canada on Thursday demanded a $20,000 ransom to be paid in bitcoin. Authorities said none of the threats - emailed to hundreds of businesse

Published 15 Dec, 2018 12:00am

China powers up next-generation nuclear plant

French energy giant EDF and its partner China General Nuclear Power Group announced Friday that they have powered up the world's first next-generation EPR nuclear reactor, a major milestone for the industry. The Taishan 1 project has been under developmen

Published 15 Dec, 2018 12:00am

Japan business confidence unchanged

Confidence among Japan's biggest manufacturers was unchanged this quarter after slipping for three consecutive surveys, central bank data showed on Friday. The Bank of Japan's Tankan report - a quarterly survey of about 10,000 companies - showed a reading

Published 15 Dec, 2018 12:00am

US consumer spending strengthening in boost to economy

US consumer spending gathered momentum in November as households bought furniture, electronics and a range of other goods, which could further allay fears of a significant slowdown in the American economy even as the outlook overseas continued to darken.

Published 15 Dec, 2018 12:00am

China's ZTE loses major German mobile contract

Chinese telecoms giant ZTE lost its biggest contract in Germany, network provider Telefonica on Friday told AFP, as resistance mounts across the West to Beijing's infrastructure manufacturers. ZTE's contract to maintain mobile operator O2's network, which

Published 15 Dec, 2018 12:00am

China economy shows weakness as consumers ease up on spending

Chinese consumer spending grew at its slowest pace in 15 years and factories eased up in November, official data showed Friday, raising the prospect of fresh stimulus measures as the economy sputters. The figures come just as Beijing and Washington engage

Published 15 Dec, 2018 12:00am

Currency

Dollar gains against majors in Asia

The dollar firmed against most major counterparts on Friday, as investor focus shifted to an expected US interest rate hike next week, although gains are likely to be capped on greater uncertainty about next year's policy outlook. The greenback found broa

Published 15 Dec, 2018 12:00am

Currency

Euro falls broadly in European trade

The euro fell broadly on Friday as the eurozone economy showed more signs it's beginning to sputter, while the dollar made some headway as investors turned nervous about a slowdown in China. The single currency was hurt on Thursday when the European Centr

Published 15 Dec, 2018 12:00am

Currency

Early trade in New York: dollar hits 19-month peak

The dollar shone on Friday, reaching a 19-month high against a basket of currencies, as investors preferred the safety of the world's reserve currency in the wake of worrisome political and economic news outside the United States. The Chinese yuan fell af

Published 15 Dec, 2018 12:00am

Currency

Euro steadies, pound gains in New York

The euro held steady against the dollar on Thursday after the European Central Bank, as expected, halted new bond purchases and promised to maintain policy support for the euro zone due to risks from trade tensions, Brexit and budget woes in Italy and Fra

Published 15 Dec, 2018 12:00am

Currency

Aussie, kiwi slip

The Australian and New Zealand dollars lost momentum on Friday as renewed fears about a global growth slowdown gripped investors with dour economic data from China further souring risk appetite. The Australian dollar, which is often played as a liquid pro

Published 15 Dec, 2018 12:00am

Currency

Most Asian currencies soften; won leads losses

Most emerging Asian currencies slipped against the dollar on Friday after weak China data rekindled concerns about its slowing economy amid the backdrop of unresolved Sino-US trade tensions. China's November retail sales grew at the weakest pace since 200

Published 15 Dec, 2018 12:00am

Currency

Sri Lankan rupee down

The Sri Lankan rupee ended weaker on Friday amid pressure on the currency due to foreign outflows from bonds and stocks as uncertainty from a lingering political crisis weighed on sentiment.

Published 15 Dec, 2018 12:00am

Currency

Sterling falls one percent towards 20-month lows

Sterling fell one percent on Friday, heading towards a 20-month low, as concerns grew that Prime Minister Theresa May's failure to win key concessions from the European Union to salvage her Brexit deal could plunge the economy into chaos.

Published 15 Dec, 2018 12:00am

India fight back with triple strike

Australia's top order batsmen squandered a number of promising starts to cede an early advantage on the first day of the second Test against India in Perth on Friday. A century opening partnership after captain Tim Paine won the toss and elected to bat ap

Published 15 Dec, 2018 12:00am

Squad for Hockey Series Open announced

Chief Selector Olympian Islahuddin Siddique Friday announced the 18-member Pakistan team for the Hockey Series Open scheduled from December 17-22, 2018 at the National Hockey Stadium, Lahore. The Hockey Series Open is an FIH event and the four nations com

Published 15 Dec, 2018 12:00am

Bangladesh cruise to series win

Tamim Iqbal and Soumya Sarkar slammed half-centuries as Bangladesh cruised to an eight-wicket win over the West Indies in the third and final one-day international to take the three-match series 2-1 on Friday. Tamim hit an unbeaten 81 in the northeastern

Published 15 Dec, 2018 12:00am

PCB announces PSL-2019 schedule

The Pakistan Cricket Board (PCB) on Friday unfolded the schedule of the HBL Pakistan Super League (PSL) 2019, which will be staged from February 14 to March 17, 2019 at Dubai, Sharjah, Abu Dhabi, Lahore and Karachi. As per schedule, the last eight matches

Published 15 Dec, 2018 12:00am

Wimbledon set for huge expansion

Wimbledon's expansion plans have taken a huge step forward after the neighbouring golf club in London voted to sell its land. The All England Lawn Tennis Club (AELTC) made an offer, reported to be £65 million ($82 million), to buy Wimbledon Park Golf Club

Published 15 Dec, 2018 12:00am

Malinga back as Sri Lanka ODI, T20 skipper

Sri Lanka on Friday brought back Lasith Malinga after a long hiatus as captain of its limited-over squads to lead the national team against New Zealand. Sri Lanka Cricket said the 35-year-old right-arm fast bowler was named skipper of a 17-man squad for t

Published 15 Dec, 2018 12:00am

Mother of Akmal brothers' passes away

The mother of cricketers Kamran Akmal, Umar Akmal and Adnan Akmal passed away, here Friday. Adnan Akmal broke the sad news on Twitter. "Unfortunately my mother is no more; this sad happening took place this morning." Wicketkeeper batsman Kamran Akmal was

Published 15 Dec, 2018 12:00am

Ashley Giles appointed England cricket director

Former international spinner Ashley Giles has been appointed as the new managing director of England men's cricket, the England and Wales Cricket Board announced on Friday. Giles, currently sport director at Warwickshire County Cricket Club, replaces Andr

Published 15 Dec, 2018 12:00am

Aussie teen 'Terminator' Titmus sets swimming world record

Australian prodigy Ariarne Titmus broke the women's short-course 400m freestyle record on Friday to grab her second gold medal at the World Swimming Championships in China. In a battle of the talented teenagers, the 18-year-old - dubbed the "Terminator" -

Published 15 Dec, 2018 12:00am

Weak Chinese industrial data drives copper prices lower

Copper clocked a third consecutive weekly fall on Friday after weaker than expected Chinese industrial data dampened expectations of demand from the largest metals consumer. Official figures showed China's November industrial output rose by the least in n

Published 15 Dec, 2018 12:00am

Scale of theft at Shell's Singapore refinery much greater: court

Around $150 millions' worth of oil was stolen from Shell's biggest global refinery over several years, Singapore court documents reviewed by Reuters show, far more than reported when police first revealed the heist earlier this year.

Published 15 Dec, 2018 12:00am

Oil drops 2 percent on Wall Street losses, weak China data

Oil prices dropped about 2 percent on Friday, weighed down by falling US stock markets, while weak economic data from China pointed to lower fuel demand in the world's biggest oil importer. Brent crude futures fell $1.17 to settle at $60.28 a barrel, a 1.

Published 15 Dec, 2018 12:00am

Tokyo rubber inches lower

Benchmark Tokyo rubber futures ended lower on Friday, after hitting a nearly 8-week high earlier in the day, as investors adjusted their positions ahead of the weekend and amid worries about a slowing economy in top buyer China, dealers said. The Tokyo Co

Published 15 Dec, 2018 12:00am

Vegetable Oil

Palm oil gains as output expected to decline

Malaysian palm oil futures rose more than 1 percent on Friday to a three-week peak, supported by expectations of slowing output in Malaysia and easing stock levels in Indonesia. The benchmark palm oil contract for February delivery on the Bursa Malaysia D

Published 15 Dec, 2018 12:00am

Currency

Robusta coffee hits contract low; sugar and cocoa down

Robusta coffee futures hit a new contract low on Friday as ample supplies and fund selling pressured prices, while raw sugar futures were pressured by the falling currency in top grower Brazil. March robusta coffee settled down $34, or 2.3 percent, at $1,

Published 15 Dec, 2018 12:00am

Currency

Gold eases to one-week low in New York

Gold eased to its lowest level in nearly one week on Thursday as the dollar rose and investors latched on to gains in global stocks, while palladium touched record highs on expectations of higher demand for the auto-catalyst metal.

Published 15 Dec, 2018 12:00am

Gold prices down in Asia

Gold prices fell in Asian trade on Friday and were on track to mark their biggest weekly decline in five weeks due to a firmer dollar, as investor focus shifted towards an expected US interest rate hike next week. Spot gold was 0.3 percent lower at $1,238

Published 15 Dec, 2018 12:00am

Gold falls in Europe

Gold fell to its lowest in more than a week on Friday and was on track to mark its biggest weekly decline in more than a month, as the dollar climbed on robust US economic data ahead of a US Federal Reserve meeting next week. Spot gold eased 0.3 percent t

Published 15 Dec, 2018 12:00am

US MIDDAY: soyabeans sag

US soyabean futures fell on Friday for a second session as traders reacted to smaller-than-expected purchases this week by China, coupled with ballooning global supplies, traders said. Corn futures firmed on prospects for China to start buying US supplies

Published 15 Dec, 2018 12:00am

US MIDDAY: gold tumbles

Gold fell to its lowest in more than a week in early New York trade on Friday and was on track to mark its biggest weekly decline in more than a month, as the dollar climbed on robust US economic data ahead of a US Federal Reserve meeting next week.

Published 15 Dec, 2018 12:00am

NATO to 're-examine' Kosovo mission after army vote

NATO will "re-examine" its 19-year-old mission in Kosovo, alliance chief Jens Stoltenberg warned Friday, after Pristina vowed to build an army in a move that inflamed tensions with Serbia. Stoltenberg said he regretted the decision to create a professiona

Published 15 Dec, 2018 12:00am

New Facebook bug may have exposed unposted photos

Facebook apologized Friday for a "bug" that may have exposed unposted photos from as many as 6.8 million users over a 12-day period through third-party applications. In the latest in a string of incidents on data protection, the leading social network sai

Published 15 Dec, 2018 12:00am

May's 'robust' exchange as she 'handbags' Juncker

Theresa May confirmed Friday she had a "robust discussion" with European Commission President Jean-Claude Juncker, after footage emerged of the pair having a heated Brexit row at an EU summit. As the leaders gathered in their conference room, the British

Published 15 Dec, 2018 12:00am

'No evidence' of Huawei spying, says German IT watchdog

Germany's IT watchdog has expressed scepticism about calls for a boycott of Chinese telecoms giant Huawei, saying it has seen no evidence the firm could use its equipment to spy for Beijing, news weekly Spiegel reported Friday. "For such serious decisions

Published 15 Dec, 2018 12:00am

Actress Sondra Locke dies

Oscar-nominated actress Sondra Locke has died of cancer at the age of 74, US news outlets reported Thursday night. Locke died November 3 in California, the reports said, quoting a celebrity news website, Radar Online. She had been battling breast and bone

Published 15 Dec, 2018 12:00am

US slaps sanctions on ex-Israeli general, two others over South Sudan

The United States imposed sanctions on Friday on a retired Israeli major general for allegedly supplying weapons and ammunition to both the government and the opposition in South Sudan. The Treasury Department also slapped sanctions on a former South Suda

Published 15 Dec, 2018 12:00am

France dismisses IS claim for Strasbourg Christmas bloodshed

France's interior minister on Friday dismissed a claim by the Islamic State group that a gunman who killed four people at a Christmas market in Strasbourg was one of its "soldiers", as investigators sought to understand his motives. Attending the reopenin

Published 15 Dec, 2018 12:00am

Rajapakse ends standoff as Sri Lanka risked shutdown

Sri Lanka's strongman leader Mahinda Rajapakse will step down on Saturday from his disputed position of premier, his son said on Friday, signalling an end to the seven-week long power-struggle that threatened to shut the government. "To ensure stability o

Published 15 Dec, 2018 12:00am

UN authorises Syria aid deliveries for another year

The UN Security Council on Thursday approved a one-year extension of humanitarian aid deliveries across war-scarred Syria. The move came despite reluctance from Russia, which called to amend the period to six months. The United States along with the major

Published 15 Dec, 2018 12:00am

US-backed forces expel IS from east Syria hub

Kurdish-led forces seized the Islamic State's main hub of Hajin Friday, a milestone in a massive and costly US-backed operation to eradicate the jihadists from eastern Syria. The Syrian Democratic Forces secured Hajin, the largest settlement in what is th

Published 15 Dec, 2018 12:00am

Jazz legend Nancy Wilson dies

Nancy Wilson, a Grammy-winning singer who performed everything from jazz ballads to pop songs during a career spanning decades, has died at the age of 81. She died Thursday in California after a long illness, her manager Devra Hall Levy told US news outle

Published 15 Dec, 2018 12:00am

Seven-year-old Guatemalan girl dies in US custody

A seven-year-old Guatemalan girl died in American custody after being detained by US border police in New Mexico, The Washington Post reported on Thursday. The girl who illegally crossed the border from Mexico along with her father and dozens of others di

Published 15 Dec, 2018 12:00am

Erdogan and Trump urge cooperation after Turkey's Syria threat

Turkish President Recep Tayyip Erdogan and his US counterpart Donald Trump agreed Friday to "more effective coordination" between their countries' operations in Syria, after Ankara threatened to launch a new offensive in the war-torn nation.

Published 15 Dec, 2018 12:00am

Malfeasance, illegal jobs: SHC turns down bail plea of Javed Hanif, others

Sindh High Court (SHC) on Friday turned down the bail plea of Javed Hanif - sitting member of Sindh Assembly and ex-chairman Karachi Port Trust (KPT) and three co-accused in embezzlement of public funds and illegal appointments case. A division bench of S

Published 15 Dec, 2018 12:00am

Garbage collection: SWC gives 15-day deadline to Chinese contractor

Sindh Water Commission (SWC) on Friday ordered Chinese contractor, responsible for collection of garbage in metropolis, to arrange the required vehicles and employees within 15 days, otherwise the task would be outsourced to other contractors. Commission,

Published 15 Dec, 2018 12:00am

Bid to smuggle cocaine at JIAP foiled

Model Customs Collectorate (MCC), Preventive on Friday claimed to have foiled another smuggling bid of cocaine at Jinnah International Airport (JIAP). According to details, this action was also taken on a tip-off that some unscrupulous elements were conti

Published 15 Dec, 2018 12:00am

KMC to replace streetlights with LED solar light system

Karachi Metropolitan Corporation (KMC) is going to start working on conversion of city's streetlights into modern LED energy saver solar light system on all 108 KMC roads with the cooperation of a Chinese company. In this connection a Memorandum of Unders

Published 15 Dec, 2018 12:00am

Plan to regulate heavy traffic furnished in SHC

The city authorities Friday submitted an action plan in Sindh High Court, spelling out short-term and long-term steps to manage and regulate the movement of heavy traffic in metropolis, whose number comes to around 107,000. The action plan was submitted i

Published 15 Dec, 2018 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07
Hang Seng / May 2	18192.04
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01

Item	Value
Petrol/Litre / May 2	288.49
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Gold Spot USD/Ounce / May 2	2311.74
Diesel/Litre / May 2	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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