News Archives for Print - 2019-02-25

The Weather

The weather report on Sunday (February 24, 2019) and the forecast for Monday (February 25, 2019).

Published 25 Feb, 2019 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JANUARY TO JUNE 2018)

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

Published 25 Feb, 2019 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (February 18 to 22, 2019).

Published 25 Feb, 2019 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 25 Feb, 2019 12:00am

Currency

History of Kuwait Independence Day

When Sheikh Mubarak Al-Sabah came to power in Kuwait on May 17, 1896, a new phase in the history of Kuwait began. This phase is characterized by international interest in its territory, the inauguration of railway projects, such as Berlin-Baghdad railway,

Published 25 Feb, 2019 12:00am

To mark the 58th National Day and 28th Liberation Anniversary of the State of Kuwait

The Consul General of The State of Kuwait in Karachi His Excellency Muhammad Abdullah Al Khalide, hosted a reception on Thursday, 21st February, 2019. A large number Pakistani senior official, foreign diplomats, politicians, business figures and senior jo

Published 25 Feb, 2019 12:00am

His Highness Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, The Emir of the State of Kuwait - CV

-- On January 29, 2006, he was unanimously proclaimed as Amir of the State of Kuwait.

Published 25 Feb, 2019 12:00am

Morata off the mark as Atletico sail past Villarreal

Alvaro Morata poked fun at VAR after scoring his first goal for Atletico Madrid on Sunday as Barcelona's closest challengers kept up the chase with a 2-0 win over Villarreal. Since joining Atletico on loan from Chelsea last month, Morata has twice had goa

Published 25 Feb, 2019 12:00am

Arsenal take lead

Unai Emery praised Arsenal's intensity after they leap-frogged Manchester United to move into the Premier League's top four with a 2-0 win over Southampton on Sunday. Emery's much-changed team were on cruise control at the Emirates Stadium thanks to early

Published 25 Feb, 2019 12:00am

Liverpool go top after stalemate at injury-hit United

Liverpool moved one point clear at the top of the Premier League after being forced to settle for a 0-0 draw at injury-ravaged Manchester United on Sunday. Jurgen Klopp's side climbed above Manchester City into pole position, but left Old Trafford frustra

Published 25 Feb, 2019 12:00am

Maxwell helps Australia edge out India in 1st T20

Glenn Maxwell hit a crucial half-century as Australia edged out India by three wickets in a thrilling last-ball finish at the first Twenty20 international on Sunday. Pat Cummins hit a four and took two runs to complete a nervous 127-run chase after his fe

Published 25 Feb, 2019 12:00am

India team will follow nation's lead on Pakistan: Kohli

India's cricket team were "shocked" by the recent suicide bomber attack in Kashmir and will follow the nation's lead on whether to boycott a World Cup match against Pakistan in June, captain Virat Kohli has said. The Indian cricket board (BCCI) has writte

Published 25 Feb, 2019 12:00am

Osaka will learn to deal with fame, says Nishikori

Kei Nishikori is confident his Japanese compatriot Naomi Osaka will learn to cope with pressure as she deals deal with her new elite status in tennis. Nishikori, playing as top seed at the Dubai Championships starting on Monday ahead of seven-time champio

Published 25 Feb, 2019 12:00am

Barry's take Chapter 2 Punjab Polo Cup

Barry's lifted the Chapter 2 Punjab Polo Cup after thumping Newage/Diamond Paints by 10-5 in the final played here at Lahore Polo Club ground on Sunday. Provincial Minister School Education Murad Ras graced the final as chief guest while Chapter 2 CMO M U

Published 25 Feb, 2019 12:00am

Afghanistan post T20 sweep against Ireland

Rashid Khan claimed a hat-trick to help Afghanistan to a 3-0 series sweep over Ireland after their convincing 32-run victory in the third Twenty20 international on Sunday. Khan returned impressive figures of 5-27 to keep Ireland down to 178 for eight in t

Published 25 Feb, 2019 12:00am

Practical steps being taken for uplift of Southern Punjab: Buzdar

Punjab Chief Minister Sardar Usman Buzdar has said that instead of making empty promises, he PTI government has taken practical measures for uplift of south Punjab He was talking to PTI workers, and citizens of his home constituency who called on him at T

Published 25 Feb, 2019 12:00am

Practical steps being taken for uplift of Southern Punjab: Buzdar

Punjab Chief Minister Sardar Usman Buzdar has said that instead of making empty promises, he PTI government has taken practical measures for uplift of south Punjab He was talking to PTI workers, and citizens of his home constituency who called on him at T

Published 25 Feb, 2019 12:00am

PBIF chief hails issuance of PBC as 'good initiative'

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said that issuance of Pakistan Banao Certificate (PBC) is a good initiative of PTI led Govt. for benefiting overseas Pakistanis giving them the opportunity to invest and

Published 25 Feb, 2019 12:00am

Government looks for billions in donations to build dams

As govt faces worsening water scarcity - and trouble sourcing international cash for hydropower dams it says it needs - it has turned to an unlikely source of cash: A fundraising campaign backed by the top court judges. Last year Mian Saqib Nisar - then t

Published 25 Feb, 2019 12:00am

Cotton

Texpo to begin in Lahore on April 11

Over 60 Chinese delegates have confirmed their participation in the second edition of Texpo scheduled to be held in Lahore from April 11-14 to promote Pakistani textile industry. "We are expecting the largest international delegation from China as so far

Published 25 Feb, 2019 12:00am

Model Town case: JIT summons Shahbaz, Hamza and others today

The joint investigation team (JIT) has summoned Punjab former chief minister, Shahbaz Sharif and his son Hamza Shahbaz, among seven political figures in the Model Town case Monday (today). The JIT also issued summons to other Pakistan Muslim League-Nawaz

Published 25 Feb, 2019 12:00am

Media urged to highlight Sindh's positive image

Adviser to Sindh Chief Minister on Information & Archives, Law, and Anti-Corruption Establishment Barrister Murtaza Wahab said on Sunday that by covering the Sindh Literature Festival media should highlight the positive image of the country, especially Si

Published 25 Feb, 2019 12:00am

Eating nuts tied to lower heart disease risk for diabetics

People with diabetes who regularly eat nuts may be less likely to develop heart disease than their counterparts who rarely, if ever, consume nuts, a U.S. study suggests. Diabetics who ate at least five 28-gram (one-ounce) servings of nuts a week were 17 p

Published 25 Feb, 2019 12:00am

Japan trial to treat spinal cord injuries with stem cells

A team of Japanese researchers will carry out an unprecedented trial using a kind of stem cell to try to treat debilitating spinal cord injuries, the specialists said on Monday. The team at Tokyo's Keio University has received government approval for a tr

Published 25 Feb, 2019 12:00am

Brief general anaesthesia appears safe for children's brains

In infants, an hour of general anesthesia - long enough for most minor surgeries done in babies - doesn't increase the risk of impaired brain development compared to an hour of regional anesthesia, a study suggests. By age three, roughly one in 10 childre

Published 25 Feb, 2019 12:00am

HPV vaccine may virtually eliminate cervical cancer

The rapid scale-up of the human papillomavirus (HPV) vaccine could virtually eliminate cervical cancer in a handful of rich countries within three decades, and in most other nations by century's end, researchers said on Wednesday. Without screening and HP

Published 25 Feb, 2019 12:00am

Samsung launches folding smartphone

Seeking to rev up demand in the slumping smartphone market, Samsung on Wednesday unveiled a folding handset, becoming the first major manufacturer to offer the feature. The South Korean giant's Galaxy Fold, unveiled at a San Francisco event, serves as a s

Published 25 Feb, 2019 12:00am

Low power mobile IoT networks now available worldwide

The GSMA Feb 21 announced that Mobile IoT or Low Power Wide Area (LPWA) networks are now globally available in licensed spectrum in 49 markets 1 around the world following 93 launches by 50 different mobile operators across both LTE-M and NB-IoT. Coverage

Published 25 Feb, 2019 12:00am

80 percent of women in low- and middle-income countries own mobile

A new GSMA study reveals that 80 per cent of women in low- and middle-income countries are now mobile owners. According to the GSMA's 2019 Mobile Gender Gap Report released Feb 20, mobile is the primary means of internet access in these markets, where 48

Published 25 Feb, 2019 12:00am

New GSMA report: 5G, AI, IoT and smart platforms set to transform lives of citizens & businesses

The GSMA February 21 issued a new report highlighting how 5G networks, artificial intelligence (AI), smart platforms and the Internet of Things (IoT) is set to transform the lives of citizens and businesses around the world.

Published 25 Feb, 2019 12:00am

Repsol announces big gas discovery in Indonesia

Spanish energy giant Repsol announced on Tuesday it had made a substantial natural gas discovery in Indonesia along with its partners, Malaysia's Petronas and Japan's Mitsui Oil Exploration (Moeco). The company described the discovery in South Sumatra as

Published 25 Feb, 2019 12:00am

Uber narrows losses, growth slows on road to IPO

Uber on Friday released earnings figures that showed its loss narrowed in the final quarter of last year while revenue growth slowed as the ridesharing giant prepares for a stock market debut. The loss for the final three months of the year amounted to $8

Published 25 Feb, 2019 12:00am

Uber narrows losses, growth slows on road to IPO

Uber on Friday released earnings figures that showed its loss narrowed in the final quarter of last year while revenue growth slowed as the ridesharing giant prepares for a stock market debut. The loss for the final three months of the year amounted to $8

Published 25 Feb, 2019 12:00am

Deutsche Telekom expects earnings growth to slow in 2019

Deutsche Telekom forecast that its earnings would continue to grow in 2019 but by less than expected as Chief Executive Tim Hoettges looks to close a key US merger, acquire spectrum and roll out 5G services. After a 5 percent rise in 2018 core profit, Eur

Published 25 Feb, 2019 12:00am

Deutsche Telekom expects earnings growth to slow in 2019

Deutsche Telekom forecast that its earnings would continue to grow in 2019 but by less than expected as Chief Executive Tim Hoettges looks to close a key US merger, acquire spectrum and roll out 5G services. After a 5 percent rise in 2018 core profit, Eur

Published 25 Feb, 2019 12:00am

SoftBank invests in Mubadala's new $400m European tech fund

Japan's SoftBank Group has provided nearly half of the cash for Abu Dhabi's state investor Mubadala Investment Co's new $400 million fund investing in European start-ups, a source familiar with the matter said. Mubadala, which has committed to invest $15

Published 25 Feb, 2019 12:00am

Swiss Re net profit jumps 27 percent despite big claims

Reinsurer Swiss Re on Thursday posted a 27.2 percent jump in 2018 net profit, despite claims from large-scale natural catastrophes and man-made disasters. Net profit for the full year came in at $421 million, compared with $331 million a year ago. However

Published 25 Feb, 2019 12:00am

Swiss Re net profit jumps 27 percent despite big claims

Reinsurer Swiss Re on Thursday posted a 27.2 percent jump in 2018 net profit, despite claims from large-scale natural catastrophes and man-made disasters. Net profit for the full year came in at $421 million, compared with $331 million a year ago. However

Published 25 Feb, 2019 12:00am

Qantas Airways expects stronger H2 after fuel prices hit profit

Australia's Qantas Airways Ltd said on Thursday it expected a strong second half based on solid forward bookings and relief from high fuel prices which drove its first-half profit down 19 percent. The airline recovered fuel price increases through higher

Published 25 Feb, 2019 12:00am

Qantas Airways expects stronger H2 after fuel prices hit profit

Australia's Qantas Airways Ltd said on Thursday it expected a strong second half based on solid forward bookings and relief from high fuel prices which drove its first-half profit down 19 percent. The airline recovered fuel price increases through higher

Published 25 Feb, 2019 12:00am

Currency

HSBC pushes investor goodwill to its limits

A charmed life is one unaffected by the vicissitudes of modern existence. Take HSBC for example. Almost alone among battered European lenders, the London-listed bank's shares trade at a chunky 20 percent premium to its tangible book value despite deliveri

Published 25 Feb, 2019 12:00am

AirAsia X posts Q4 net loss

Malaysia's AirAsia X Bhd recorded its third consecutive quarterly loss on Thursday, dragged down by an impairment provision while rising fuel costs also dented its performance in the October-December period. The long-haul offshoot of Malaysia's flagship b

Published 25 Feb, 2019 12:00am

AirAsia X posts Q4 net loss

Malaysia's AirAsia X Bhd recorded its third consecutive quarterly loss on Thursday, dragged down by an impairment provision while rising fuel costs also dented its performance in the October-December period. The long-haul offshoot of Malaysia's flagship b

Published 25 Feb, 2019 12:00am

Currency

Air France-KLM to battle fuel costs with deeper integration

Air France-KLM pledged new efficiency gains to offset higher fuel costs this year, as the Franco-Dutch airline group deepens cooperation between its two main carriers. Presenting 2018 earnings for the group he joined in September, Chief Executive Ben Smit

Published 25 Feb, 2019 12:00am

Nokia says 5G would not be delayed by ban on Chinese suppliers

Nokia does not expect the possible exclusion of Chinese companies on security grounds to delay the rollout of next-generation 5G services in European markets, CEO Rajeev Suri told Reuters. Debate is raging in Europe over whether to heed calls from Washing

Published 25 Feb, 2019 12:00am

Hunger worsens in South Sudan despite peace deal: UN

Tens of thousands face starvation in South Sudan, aid agencies warned Friday, as fighting continues despite a peace deal signed six months ago meant to end civil war. Nearly seven million people or two-thirds of the country face extreme hunger, the govern

Published 25 Feb, 2019 12:00am

India lowers tax on new home sales

India on Sunday announced a cut in the goods and services tax charged on sales of residential properties under construction as the government looks to stimulate the economy by driving up consumption. The Goods and Services Tax Council, comprising state an

Published 25 Feb, 2019 12:00am

India lowers tax on new home sales

India on Sunday announced a cut in the goods and services tax charged on sales of residential properties under construction as the government looks to stimulate the economy by driving up consumption. The Goods and Services Tax Council, comprising state an

Published 25 Feb, 2019 12:00am

Huawei shrugs off threat of US ban

Huawei's chairman on Sunday shrugged of the risk that President Donald Trump could issue an executive order banning the Chinese telecom giant, saying the company could succeed without the US market. Guo Ping said such an order "is not necessary and should

Published 25 Feb, 2019 12:00am

Huawei unveils 5G phone with foldable screen

Chinese telecoms giant Huawei on Sunday unveiled a phone with a folding screen, just four days after rival Samsung became the first major handset maker to offer the feature. The phone, Mate X, will be compatible with the new fifth-generation wireless netw

Published 25 Feb, 2019 12:00am

Dubai sees slight tourism rise in 2018

Dubai welcomed a record 15.92 million tourists in 2018, the tourism authority said Sunday, but the rise was marginal due to drops in visitors from the Gulf, India and Britain. The number of international visitors last year grew by just 0.8 percent, far be

Published 25 Feb, 2019 12:00am

UAE oil firm signs $4 billion deal with BlackRock, KKR

State-owned UAE energy giant Abu Dhabi National Oil Co. on Sunday signed a $4 billion deal with US-based investors BlackRock and KKR granting them a minority stake in its pipeline arm. The agreement gives the two investors a joint stake of 40 percent in A

Published 25 Feb, 2019 12:00am

Currency

No-deal Brexit would take a chip off UK home values

Britain's overvalued housing market will undergo a modest correction if the country leaves the European Union at the end of next month without a deal, a Reuters poll found, with London being affected to a greater degree. Negotiators are still scrambling t

Published 25 Feb, 2019 12:00am

China's January LNG imports rise to record high

China's liquefied natural gas imports in January rose to a record as an increase in residential heating demand during the winter after the country's shift to gas heating spurred higher shipments, customs data showed on Saturday.

Published 25 Feb, 2019 12:00am

South Africa announces tribunal to claw back graft profits

South Africa's President Cyril Ramaphosa announced Sunday that he would establish a fast-track tribunal to claw back the proceeds of corruption as the government faces a whirlwind of graft allegations. Endemic corruption has been exposed inside the ruling

Published 25 Feb, 2019 12:00am

Currency

Trump says trade talks with China 'very productive'

US President Donald Trump said Sunday US trade talks with China have been "very productive" but offered no hint of the outcome as they entered their fourth day. The negotiations in Washington were extended on Friday until Sunday as officials race to reach

Published 25 Feb, 2019 12:00am

Currency

Dollar crown intact as central banks emulate Fed tightening pause

It was supposed to be the start of a dollar downturn. Instead, investors are scaling back those bets as a dovish shift by the Federal Reserve is emulated by central banks worldwide - keeping intact the greenback's interest rate premium over other currenci

Published 25 Feb, 2019 12:00am

Currency

Cryptocurrency companies use 'backdoor' listings to ease into mainstream

Several cryptocurrency exchanges have moved closer to mainstream markets by buying listed companies, looking to raise funds and present themselves as embedded in the traditional financial services world they once spurned. In the most recent deal, US crypt

Published 25 Feb, 2019 12:00am

Dubai index hits two-month high, Saudi hurt by financials

Dubai stocks rose to a more than 2-month high on Sunday after falling in the previous session, helped by strong gains in property stocks, while financials weighed on both the Saudi and Qatari markets. Dubai's index was up 1.3 percent, supported by Emaar P

Published 25 Feb, 2019 12:00am

Lyft plans to launch its IPO roadshow

Lyft Inc plans to launch the roadshow for its initial public offering during the week of March 18, making it the first US ride-hailing company to debut in the stock market, people familiar with the matter said on Wednesday. Lyft's larger rival Uber Techno

Published 25 Feb, 2019 12:00am

Lyft plans to launch its IPO roadshow

Lyft Inc plans to launch the roadshow for its initial public offering during the week of March 18, making it the first US ride-hailing company to debut in the stock market, people familiar with the matter said on Wednesday. Lyft's larger rival Uber Techno

Published 25 Feb, 2019 12:00am

Foreigners turned net buyers of Japanese stocks

Foreigners were net buyers of Japanese stocks for the first time in three weeks in the week ended on Feb. 15, as investors grew more hopeful of progress in Sino-US trade talks. Overseas investors bought a net 269.8 billion yen ($2.44 billion) worth of Jap

Published 25 Feb, 2019 12:00am

Brazil stocks, Latam currencies rise

Brazil stocks rose on Friday as signs of progress in the ongoing trade talks between the United States and China overshadowed global growth fears, boosting appetite for equities globally. Latin American currencies strengthened on Friday as the dollar soft

Published 25 Feb, 2019 12:00am

Brazil stocks, Latam currencies rise

Brazil stocks rose on Friday as signs of progress in the ongoing trade talks between the United States and China overshadowed global growth fears, boosting appetite for equities globally. Latin American currencies strengthened on Friday as the dollar soft

Published 25 Feb, 2019 12:00am

Sri Lanka raises borrowing limit for dollar denominated bonds

Sri Lanka has raised its borrowing limit for dollar-denominated bonds to $3 billion and chosen seven lead managers to tap the international market as soon as possible, three government sources said on Tuesday. The decision followed a delay in a pledged lo

Published 25 Feb, 2019 12:00am

Sri Lanka raises borrowing limit for dollar denominated bonds

Sri Lanka has raised its borrowing limit for dollar-denominated bonds to $3 billion and chosen seven lead managers to tap the international market as soon as possible, three government sources said on Tuesday. The decision followed a delay in a pledged lo

Published 25 Feb, 2019 12:00am

Currency

Egypt issues $4 billion in foreign currency bonds

Egypt has issued $4 billion in dollar denominated bonds with maturities of five, 10 and 30 years in a sale that was five times oversubscribed, the Finance Ministry said on Wednesday. The issue included $750 million in five-year bonds with a return of 6.2

Published 25 Feb, 2019 12:00am

Currency

Egypt issues $4 billion in foreign currency bonds

Egypt has issued $4 billion in dollar denominated bonds with maturities of five, 10 and 30 years in a sale that was five times oversubscribed, the Finance Ministry said on Wednesday. The issue included $750 million in five-year bonds with a return of 6.2

Published 25 Feb, 2019 12:00am

Currency

Argentina central bank ups dollar buying

Argentina's central bank bought a total $75 million in the foreign exchange market on Monday, a spokesman for the bank told Reuters, as the monetary authority used a higher intervention limit in a bid to rein in the local peso currency.

Published 25 Feb, 2019 12:00am

Wall Street week ahead: may be time for growth to run out of gas

A return to fashion of growth stocks in 2019 helped lead the overall market out of a year-end shakeout, but another multi-year run of growth performing better than value may not be in the cards. The S&P 500 has rallied nearly 18 percent since its Dec. 24

Published 25 Feb, 2019 12:00am

Civilian deaths in Afghan war hit record in 2018

More civilians were killed in the Afghan war in 2018 than during any other year on record after nearly two decades of fighting, according to a UN report released Sunday. Civilian deaths jumped by 11 percent from 2017 with 3,804 people killed and another 7

Published 25 Feb, 2019 12:00am

Pope vows 'all-out battle' saying child sex abuse like 'human sacrifice'

Pope Francis on Sunday vowed to tackle every single case of sexual abuse by priests in the Roman Catholic Church, comparing paedophilia to "human sacrifice" in a speech that left victims cold. His public address to top bishops at the end of a landmark sum

Published 25 Feb, 2019 12:00am

Iran releases French national arrested for illegal entry

Iran has released a French citizen arrested for entering the country illegally, official news agency IRNA reported on Sunday. "A French national who had been arrested for unauthorised entry into Iran has been released in recent days as the legal proceedin

Published 25 Feb, 2019 12:00am

Iran says successfully fires missile from submarine in Gulf war games

Iran successfully tested a cruise missile on Sunday during naval exercises near the Strait of Hormuz, Iran's state media reported, at a time of heightened tensions with the United States. Tehran has in the past threatened to block the Strait of Hormuz, a

Published 25 Feb, 2019 12:00am

Mine blast kills more than 20 civilians in Syria

More than 20 civilians were killed Sunday in central Syria when a landmine left behind by jihadists exploded under a van, the state news agency SANA said. The ordnance left behind by the Islamic State group in the town of Salamiyeh killed farmworkers who

Published 25 Feb, 2019 12:00am

Sudan protesters rally against state of emergency as new PM sworn in

Hundreds of protesters rallied Sunday against Sudanese President Omar al-Bashir's decision to impose a nationwide state of emergency, as the longtime leader swore in a new prime minister. Bashir declared a year-long emergency on Friday after a deadly crac

Published 25 Feb, 2019 12:00am

Cargo jet with three on board crashes near Houston airport

A Boeing 767 cargo jetliner with three people on board crashed into a bay near Houston's George Bush Intercontinental Airport on Saturday, police and officials said. Atlas Air Flight 3591 was en route to Houston from Miami when radar and radio contact wit

Published 25 Feb, 2019 12:00am

North Korean leader rides train on way to Vietnam

North Korean leader Kim Jong Un's armoured train chugged across China on Sunday as he headed to his highly anticipated second summit with US President Donald Trump in Vietnam. Emulating his late father and grandfather, who took epic train trips when they

Published 25 Feb, 2019 12:00am

Suspected Bangladesh plane hijacker shot dead

Bangladesh commandos stormed a passenger jet in the country's southeast Sunday and shot dead an armed man who allegedly tried to hijack the Dubai-bound flight, an army official said. The suspect, described by officials as a Bangladeshi man in his mid 20s,

Published 25 Feb, 2019 12:00am

Brother of Saudi crown prince named deputy defence minister

Saudi Arabia appointed Crown Prince Mohammed bin Salman's full younger brother as deputy defence minister on Saturday. Prince Mohammed has been defence minister since 2015, when he intervened against Yemen's Iranian-aligned Houthis in a war that has kille

Published 25 Feb, 2019 12:00am

Saudi Arabia names first woman envoy to Washington

Saudi Arabia on Saturday named a princess as its first woman ambassador to the United States, a key appointment as the fallout over journalist Jamal Khashoggi's murder tests relations between the allies. Princess Rima bint Bandar replaced Prince Khalid bi

Published 25 Feb, 2019 12:00am

Okinawa votes against controversial US base move

Voters on the Japanese island of Okinawa have rejected the relocation of a controversial US military base, according to official results from a non-binding referendum Sunday. With 99 percent of ballots counted, some 72 percent had voted against the move w

Published 25 Feb, 2019 12:00am

Gaza protesters call on Palestinian leader to quit

Thousands of protesters in the Gaza Strip Sunday called on Palestinian president Mahmud Abbas to resign after attempts to pressure his rival Hamas with financial cuts in the impoverished enclave. "Leave!" yelled crowds made up mainly of supporters of Hama

Published 25 Feb, 2019 12:00am

Askari Bank's 'Plant a tree, make Pakistan green' campaign begins

As a socially responsible corporate organisation, Askari Bank, is always taking initiatives in the areas of environmental and community development. In line with the prime minister's 'Plant for Pakistan' programme, and making Pakistan greener, Askari Bank

Published 25 Feb, 2019 12:00am

Five-day 'Sibi Mela' kicks off

The five-day historic 'Sibi Mela' has begun in Sibi, Balochistan on Sunday. Scores of events including flower show, fireworks, contest of national songs, folk dance, tent pegging, motorcycle jumps and horse dances are part of the festival. Agriculture and

Published 25 Feb, 2019 12:00am

Cotton

WEEKLY COTTON REVIEW: trading volume rises as price shows downward trend

The trading volume increased in the cotton market despite the India and Pakistan tension on the borders but the price of cotton shows down word trend. Due to the rumors of imposition of custom duty on the import of Indian cotton exporters are hesitant to

Published 25 Feb, 2019 12:00am

Currency

'PTCL is back to growth for the first time since 2014' an interview with President & CEO PTCL Group

Dr Daniel Ritz is finishing up his three-year term as President and CEO, PTCL Group. He has previously worked as Chief Strategy Officer at the Etisalat Group. Before Etisalat, Dr Ritz served as the CEO of Swisscom (Central and Eastern Europe). He started

Published 25 Feb, 2019 12:00am

Currency

'PTCL is back to growth for the first time since 2014' an interview with President & CEO PTCL Group

Dr Daniel Ritz is finishing up his three-year term as President and CEO, PTCL Group. He has previously worked as Chief Strategy Officer at the Etisalat Group. Before Etisalat, Dr Ritz served as the CEO of Swisscom (Central and Eastern Europe). He started

Published 25 Feb, 2019 12:00am

PTI leader urges UN to help resolve Kashmir issue

Pakistan Tehreek-I-Insaf (PTI) MNA, Haji Shaukat Ali has said that nation standby with Pakistan's armed forces against any foreign aggression. In a press statement issued here on Sunday, PTI leader urged United Nations to take notice of Indian attitude an

Published 25 Feb, 2019 12:00am

Prices of kitchen items continue to rise

The prices of the essential kitchen items especially vegetables, pulses, live chicken/chicken meat, flour and sugar witnessed continuous upward trend in the retail market. A survey carried out by Business Recorder in local market on Sunday showed t

Published 25 Feb, 2019 12:00am

Donkeys' export to China not yet materialized

The export of donkeys to China has not yet been materialised due to delay in submitting required documents by the investors and companies. The livestock department officials told this scribe that many Chinese companies had evinced their keen interest in e

Published 25 Feb, 2019 12:00am

Balochistan government to set up nursing colleges at Quetta

The Balochistan government has given formal approval to establish nursing colleges in Kech area of Turbat and Sandaman Hospital, Quetta. Talking to APP, an official of the Balochistan Health Department said the aim of establishing nursing colleges was to

Published 25 Feb, 2019 12:00am

Sherpao meets MKP, NP leaders for unity on Pakhtun issues

KP-based Qaumi Watan Party (QWP) leader and former senior minister Sikandar Hayat Khan Sherpao said that his party has been striving to unite Pakhtuns and address their issues.

Published 25 Feb, 2019 12:00am

Sanjrani, Asad Qaiser inaugurate Swabi university's new campus

Chairman Senate Sadiq Sanjrani and Speaker National Assembly Asad Qaiser on Sunday inaugurated the newly constructed campus of the University of Swabi.

Published 25 Feb, 2019 12:00am

PM falicitates newly-elected office-bearers of HCBA

Prime Minister Imran Khan on Sunday congratulated the newly elected members of the High Court Bar Associations and said the associations have a key role in ensuring rule of law. In his congratulatory message to the newly elected members across the country

Published 25 Feb, 2019 12:00am

118 schools in Sindh's flood-hit areas to be ready by this year

State-of-the-art buildings of 118 schools, reconstructed under the Sindh Basic Education Programme (SBEP) by the United States Agency for International Development (USAID) in collaboration with the Sindh government will be completed in the province by the

Published 25 Feb, 2019 12:00am

BRT project: Khalil Qaumi Jirga warns to hold protest against alleged corruption

Members of "Khalil Qaumi Jirga" have warned they will stage a protest sit-in (Dharna) in front of NAB office Peshawar against alleged corruption in Bus Rapid Transit (BRT) project. They also threatened to block the main Jamrud Road in the province by dela

Published 25 Feb, 2019 12:00am

US, Taliban meet in Qatar today for fresh talks

The US and the Taliban are to meet in Qatar for fresh talks Monday seeking an end to 17 years of grinding conflict in Afghanistan, with the stakes ratcheting higher as the spring fighting season approaches. Marathon talks held in Doha last month have stok

Published 25 Feb, 2019 12:00am

One killed, nine injured in bomb blast

At least one person was killed and nine others injured in a bomb blast here on Sunday. Police said that unidentified culprits had planted a bomb in a motorcycle parked in Mazdoor Chowk of Dera Murad Jamali which exploded with big bang. As a result of expl

Published 25 Feb, 2019 12:00am

Maryam optimistic of Nawaz's release on bail by IHC

PML-N leader Maryam Nawaz has expressed the hope that today's (Monday) decision of the Islamabad High Court would be in favor of her father Nawaz Sharif and he would be released from jail on bail. Maryam Nawaz visited Jinnah Hospital to inquire after Nawa

Published 25 Feb, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 29	293.94

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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