Print - 2019-07-10
Macron seeks lead EU role in Iran crisis
Exchange

Macron seeks lead EU role in Iran crisis

French President Emmanuel Macron is seeking to lead European diplomatic efforts to find a face-saving solution to the latest crisis between Tehran and Washington, with the EU looking to buy time and soothe tensions, diplomats and experts say.
Published 10 Jul, 2019 12:00am
A benevolent aid giver, not a loan shark

A benevolent aid giver, not a loan shark

The rich countries seem overly worried over China's inroads in the long neglected dark continent - Africa and its attempts as well to build the much-needed physical infrastructure in the poorer Asian countries which so far had remained burdened with mount
Published 10 Jul, 2019 12:00am
Fact or fiction?

Fact or fiction?

It may not help her cause but PML-N Vice President Maryam Nawaz has managed to create quite a stir with a scandalous video and a separate audio she played at her presser, purportedly containing conversations between the accountability court judge, Arshad
Updated 10 Jul, 2019 06:12am
IMF programme Conditions
Exchange

IMF programme Conditions

The International Monetary Fund released its staff report on Pakistan's request for an extended arrangement under the Extended Fund Facility (EFF) where it notes "Staff does not recommend temporary approval of two exchange restrictions because the criteri
Updated 10 Jul, 2019 06:11am
US envoy meets Taliban after Afghan talks

US envoy meets Taliban after Afghan talks

Washington's top negotiator with the Taliban held fresh talks with the militants Tuesday, after the group took part in an Afghan summit aimed at forging a "roadmap to peace". "I had a meeting with the Taliban this morning. Headed to China now and then wil
Published 10 Jul, 2019 12:00am
US envoy meets Taliban after Afghan talks

US envoy meets Taliban after Afghan talks

Washington's top negotiator with the Taliban held fresh talks with the militants Tuesday, after the group took part in an Afghan summit aimed at forging a "roadmap to peace". "I had a meeting with the Taliban this morning. Headed to China now and then wil
Published 10 Jul, 2019 12:00am
Trump derides May's 'foolish policies,' 'pompous' envoy

Trump derides May's 'foolish policies,' 'pompous' envoy

President Donald Trump assailed Britain's US ambassador as a "pompous fool" and slammed outgoing premier Theresa May's "foolish" policies in a second straight day of virulent attacks triggered by the leak of unflattering diplomatic cables.
Published 10 Jul, 2019 12:00am
China demands US cancel arms sale to Taiwan

China demands US cancel arms sale to Taiwan

China demanded Tuesday that the United States "immediately cancel" a potential sale of $2.2 billion in arms to self-ruled Taiwan, including battle tanks and anti-aircraft missiles, adding fuel to tensions between the two powers. It would be the first big-
Published 10 Jul, 2019 12:00am
China demands US cancel arms sale to Taiwan

China demands US cancel arms sale to Taiwan

China demanded Tuesday that the United States "immediately cancel" a potential sale of $2.2 billion in arms to self-ruled Taiwan, including battle tanks and anti-aircraft missiles, adding fuel to tensions between the two powers. It would be the first big-
Published 10 Jul, 2019 12:00am
Urea fertilizer price: Decision to be finalised tomorrow: Dawood

Urea fertilizer price: Decision to be finalised tomorrow: Dawood

Prime Minister''s Advisor on Commerce, Textile, Industries and Production and Investment, Abdul Razak Dawood said that any decision on increase in the price of urea fertilizer will be finalized on Thursday (tomorrow) in meeting with fertilizer industry. A
Published 10 Jul, 2019 12:00am
Urea fertilizer price: Decision to be finalised tomorrow: Dawood

Urea fertilizer price: Decision to be finalised tomorrow: Dawood

Prime Minister's Advisor on Commerce, Textile, Industries and Production and Investment, Abdul Razak Dawood said that any decision on increase in the price of urea fertilizer will be finalized on Thursday (tomorrow) in meeting with fertilizer industry. Ad
Published 10 Jul, 2019 12:00am
Urea fertilizer price: Decision to be finalised tomorrow: Dawood

Urea fertilizer price: Decision to be finalised tomorrow: Dawood

Prime Minister's Advisor on Commerce, Textile, Industries and Production and Investment, Abdul Razak Dawood said that any decision on increase in the price of urea fertilizer will be finalized on Thursday (tomorrow) in meeting with fertilizer industry. Ad
Published 10 Jul, 2019 12:00am
Ross Perot dead at 89

Ross Perot dead at 89

H. Ross Perot, the feisty Texas technology billionaire who rattled US politics with two independent presidential campaigns in the 1990s that struck a chord with disgruntled voters, died on Tuesday at the age of 89, his family said.
Published 10 Jul, 2019 12:00am
Ross Perot dead at 89

Ross Perot dead at 89

H. Ross Perot, the feisty Texas technology billionaire who rattled US politics with two independent presidential campaigns in the 1990s that struck a chord with disgruntled voters, died on Tuesday at the age of 89, his family said.
Published 10 Jul, 2019 12:00am
Trump again attacks India, say tariffs ''unacceptable''

Trump again attacks India, say tariffs ''unacceptable''

US President Donald Trump on Tuesday fired a new Twitter salvo at India, accusing the giant Asian economy of unfairly blocking American imports. "India has had a field day putting tariffs on American products," the president tweeted. "No longer acceptable
Published 10 Jul, 2019 12:00am
Trump again attacks India, say tariffs 'unacceptable'

Trump again attacks India, say tariffs 'unacceptable'

US President Donald Trump on Tuesday fired a new Twitter salvo at India, accusing the giant Asian economy of unfairly blocking American imports. "India has had a field day putting tariffs on American products," the president tweeted. "No longer acceptable
Published 10 Jul, 2019 12:00am
Trump again attacks India, say tariffs 'unacceptable'

Trump again attacks India, say tariffs 'unacceptable'

US President Donald Trump on Tuesday fired a new Twitter salvo at India, accusing the giant Asian economy of unfairly blocking American imports. "India has had a field day putting tariffs on American products," the president tweeted. "No longer acceptable
Published 10 Jul, 2019 12:00am
Nuclear pact breach: Europeans take first step to punish Iran

Nuclear pact breach: Europeans take first step to punish Iran

European powers took their first step on Tuesday towards punishing Iran for breaking its nuclear agreement, triggering the deal's mechanism to resolve breaches. The foreign ministers of Britain, France and Germany, plus the foreign affairs chief of the Eu
Published 10 Jul, 2019 12:00am
Nuclear pact breach: Europeans take first step to punish Iran

Nuclear pact breach: Europeans take first step to punish Iran

European powers took their first step on Tuesday towards punishing Iran for breaking its nuclear agreement, triggering the deal's mechanism to resolve breaches. The foreign ministers of Britain, France and Germany, plus the foreign affairs chief of the Eu
Published 10 Jul, 2019 12:00am
Offshore assets: FBR expands scope of DG ITO''s powers
Exchange

Offshore assets: FBR expands scope of DG ITO''s powers

The Federal Board of Revenue (FBR) Tuesday expanded the scope of powers of Director General of International Taxes Operations to enforce return filing, make assessments, seek automatic exchange of information from other countries and obtain information of
Published 10 Jul, 2019 12:00am
Offshore assets: FBR expands scope of DG ITO's powers
Exchange

Offshore assets: FBR expands scope of DG ITO's powers

The Federal Board of Revenue (FBR) Tuesday expanded the scope of powers of Director General of International Taxes Operations to enforce return filing, make assessments, seek automatic exchange of information from other countries and obtain information of
Published 10 Jul, 2019 12:00am
Offshore assets: FBR expands scope of DG ITO's powers
Exchange

Offshore assets: FBR expands scope of DG ITO's powers

The Federal Board of Revenue (FBR) Tuesday expanded the scope of powers of Director General of International Taxes Operations to enforce return filing, make assessments, seek automatic exchange of information from other countries and obtain information of
Published 10 Jul, 2019 12:00am
FBR abolishes 42 special procedures notified thru STGOs

FBR abolishes 42 special procedures notified thru STGOs

The Federal Board of Revenue (FBR) Tuesday abolished 42 sales tax procedures dealing with adjustment of sales tax by steel melters, commercial importers, fiscal relief to tribal areas, payment of sales tax on vehicles, refund claims on local supply of zer
Published 10 Jul, 2019 12:00am
FBR abolishes 42 special procedures notified thru STGOs

FBR abolishes 42 special procedures notified thru STGOs

The Federal Board of Revenue (FBR) Tuesday abolished 42 sales tax procedures dealing with adjustment of sales tax by steel melters, commercial importers, fiscal relief to tribal areas, payment of sales tax on vehicles, refund claims on local supply of zer
Published 10 Jul, 2019 12:00am
FBR abolishes 42 special procedures notified thru STGOs

FBR abolishes 42 special procedures notified thru STGOs

The Federal Board of Revenue (FBR) Tuesday abolished 42 sales tax procedures dealing with adjustment of sales tax by steel melters, commercial importers, fiscal relief to tribal areas, payment of sales tax on vehicles, refund claims on local supply of zer
Published 10 Jul, 2019 12:00am
Bilawal criticises NA Speaker

Bilawal criticises NA Speaker

Pakistan People's Party (PPP) Chairman Bilawal Bhutto Zardari has claimed that the Speaker National Assembly has "locked down" the Parliament by restricting the standing committees from working. "Standing Committees are brain, eyes, ears and hands of the
Published 10 Jul, 2019 12:00am
Bilawal criticises NA Speaker

Bilawal criticises NA Speaker

Pakistan People's Party (PPP) Chairman Bilawal Bhutto Zardari has claimed that the Speaker National Assembly has "locked down" the Parliament by restricting the standing committees from working. "Standing Committees are brain, eyes, ears and hands of the
Published 10 Jul, 2019 12:00am
No-trust resolution against Senate chairman submitted

No-trust resolution against Senate chairman submitted

For the first time ever in the legislative history of Pakistan, the opposition senators, except those from Jamaat-e-Islami (JI), Tuesday submitted a no-confidence resolution for the removal of the chairman Senate. The resolution contains the signatures of
Published 10 Jul, 2019 12:00am
No-trust resolution against Senate chairman submitted

No-trust resolution against Senate chairman submitted

For the first time ever in the legislative history of Pakistan, the opposition senators, except those from Jamaat-e-Islami (JI), Tuesday submitted a no-confidence resolution for the removal of the chairman Senate. The resolution contains the signatures of
Published 10 Jul, 2019 12:00am
The Weather

The Weather

The weather report on Tuesday (July 09, 2019) and the forecast for Wednesday (July 10, 2019).

Published 10 Jul, 2019 12:00am
KSE witnesses recovery: BRIndex100 snaps losing streak
Exchange

KSE witnesses recovery: BRIndex100 snaps losing streak

After three consecutive negative sessions, Pakistan Stock Exchange (PSX) Tuesday recorded some recovery following the IMF staff report that provided some certainty to investors on the macroeconomic front. BRIndex100 gained some 13.21 points or 0.37 percen
Published 10 Jul, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 09, 2019).

Published 10 Jul, 2019 12:00am
KSE witnesses recovery: BRIndex100 snaps losing streak
Exchange

KSE witnesses recovery: BRIndex100 snaps losing streak

After three consecutive negative sessions, Pakistan Stock Exchange (PSX) Tuesday recorded some recovery following the IMF staff report that provided some certainty to investors on the macroeconomic front. BRIndex100 gained some 13.21 points or 0.37 percen
Published 10 Jul, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 09, 2019).

Published 10 Jul, 2019 12:00am
KSE witnesses recovery: BRIndex100 snaps losing streak
Exchange

KSE witnesses recovery: BRIndex100 snaps losing streak

After three consecutive negative sessions, Pakistan Stock Exchange (PSX) Tuesday recorded some recovery following the IMF staff report that provided some certainty to investors on the macroeconomic front. BRIndex100 gained some 13.21 points or 0.37 percen
Published 10 Jul, 2019 12:00am
Cyber attacks cost $45 billion in 2018 as ransomware hits hard
Currency

Cyber attacks cost $45 billion in 2018 as ransomware hits hard

An estimated two million cyber attacks in 2018 resulted in more than $45 billion in losses worldwide as local governments struggled to cope with ransomware and other malicious incidents, a study showed Tuesday. The Internet Society''s Online Trust Allianc
Published 10 Jul, 2019 12:00am
Cyber attacks cost $45 billion in 2018 as ransomware hits hard
Currency

Cyber attacks cost $45 billion in 2018 as ransomware hits hard

An estimated two million cyber attacks in 2018 resulted in more than $45 billion in losses worldwide as local governments struggled to cope with ransomware and other malicious incidents, a study showed Tuesday. The Internet Society's Online Trust Alliance
Published 10 Jul, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (July 09, 2019).

Published 10 Jul, 2019 12:00am
Cyber attacks cost $45 billion in 2018 as ransomware hits hard
Currency

Cyber attacks cost $45 billion in 2018 as ransomware hits hard

An estimated two million cyber attacks in 2018 resulted in more than $45 billion in losses worldwide as local governments struggled to cope with ransomware and other malicious incidents, a study showed Tuesday. The Internet Society's Online Trust Alliance
Published 10 Jul, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (July 09, 2019)

Published 10 Jul, 2019 12:00am
Fake trust deeds: AC summons Maryam on July 19

Fake trust deeds: AC summons Maryam on July 19

An Accountability Court on Tuesday summoned Maryam Nawaz, daughter of incarcerated former Prime Minister Nawaz Sharif, on July 19 for submitting fake trust deeds in the Avenfield reference. The National Accountability Bureau (NAB) filed an application bef
Published 10 Jul, 2019 12:00am
Fake trust deeds: AC summons Maryam on July 19

Fake trust deeds: AC summons Maryam on July 19

An Accountability Court on Tuesday summoned Maryam Nawaz, daughter of incarcerated former Prime Minister Nawaz Sharif, on July 19 for submitting fake trust deeds in the Avenfield reference. The National Accountability Bureau (NAB) filed an application bef
Published 10 Jul, 2019 12:00am
PML-N hasn't blamed any state institution: Abbasi

PML-N hasn't blamed any state institution: Abbasi

Pakistan Muslim League-Nawaz (PML-N) leader and former Prime Minister Shahid Khaqan Abbasi Tuesday said that his party only released the video of the accountability judge and did not blame any state institution. Speaking at a presser here, he claimed that
Published 10 Jul, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 09, 2019).

Published 10 Jul, 2019 12:00am
PML-N hasn't blamed any state institution: Abbasi

PML-N hasn't blamed any state institution: Abbasi

Pakistan Muslim League-Nawaz (PML-N) leader and former Prime Minister Shahid Khaqan Abbasi Tuesday said that his party only released the video of the accountability judge and did not blame any state institution. Speaking at a presser here, he claimed that
Published 10 Jul, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 09, 2019).

Published 10 Jul, 2019 12:00am
CJP, acting IHC CJ discuss video issue

CJP, acting IHC CJ discuss video issue

Acting Chief Justice Islamabad High Court (IHC) Amir Farooq called on Chief Justice Asif Saeed Khan Khosa in the latter's chamber in the Supreme Court on Tuesday to discuss the issue of video of Accountability Court Judge Arshad Malik, sources said. The m
Published 10 Jul, 2019 12:00am
CJP, acting IHC CJ discuss video issue

CJP, acting IHC CJ discuss video issue

Acting Chief Justice Islamabad High Court (IHC) Amir Farooq called on Chief Justice Asif Saeed Khan Khosa in the latter's chamber in the Supreme Court on Tuesday to discuss the issue of video of Accountability Court Judge Arshad Malik, sources said. The m
Published 10 Jul, 2019 12:00am
First IMF tranche received
Exchange

First IMF tranche received

The State Bank of Pakistan (SBP) on Tuesday night received some one billion dollar from International Monetary Fund (IMF) as the first tranche of bailout package for balance of payment support. Sources in the SBP confirmed to Business Recorder that the SB
Published 10 Jul, 2019 12:00am
THE RUPEE: weak trend
Currency

THE RUPEE: weak trend

The rupee continued its slide against the dollar on the money market on Tuesday in the process of trading, marketmen said.
Published 10 Jul, 2019 12:00am
First IMF tranche received
Exchange

First IMF tranche received

The State Bank of Pakistan (SBP) on Tuesday night received some one billion dollar from International Monetary Fund (IMF) as the first tranche of bailout package for balance of payment support. Sources in the SBP confirmed to Business Recorder that the SB
Published 10 Jul, 2019 12:00am
THE RUPEE: weak trend
Currency

THE RUPEE: weak trend

The rupee continued its slide against the dollar on the money market on Tuesday in the process of trading, marketmen said.
Published 10 Jul, 2019 12:00am
First IMF tranche received
Exchange

First IMF tranche received

The State Bank of Pakistan (SBP) on Tuesday night received some one billion dollar from International Monetary Fund (IMF) as the first tranche of bailout package for balance of payment support. Sources in the SBP confirmed to Business Recorder that the SB
Published 10 Jul, 2019 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (July 09, 2019).

Published 10 Jul, 2019 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 10 Jul, 2019 12:00am