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Apr 29, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-08-04
Fears of earnings recession keep investors away from stocks

Fears of earnings recession keep investors away from stocks

Investors continued to pump in money into bonds and shunned equities in the past week, Bank of America Merrill Lynch (BAML) said on Friday, amid worries of a corporate earnings recession and trade tensions across the world. BAML said its global earnings p
Published 04 Aug, 2019 12:00am
J.P Morgan set for historic majority stake in China funds JV
Exchange

J.P Morgan set for historic majority stake in China funds JV

J.P Morgan was on Friday poised to become the first foreign company to hold a majority stake in a Chinese mutual fund business, two sources said, setting a precedent that one analyst said would trigger a wave of similar transactions. A 2% percent stake in
Published 04 Aug, 2019 12:00am
J.P Morgan set for historic majority stake in China funds JV
Exchange

J.P Morgan set for historic majority stake in China funds JV

J.P Morgan was on Friday poised to become the first foreign company to hold a majority stake in a Chinese mutual fund business, two sources said, setting a precedent that one analyst said would trigger a wave of similar transactions. A 2% percent stake in
Published 04 Aug, 2019 12:00am
Forced Venezuela bond selling about to face first test
Exchange

Forced Venezuela bond selling about to face first test

The feared firesale of Venezuela's government bonds after J.P Morgan effectively cut them out of its popular bond indices earlier this month has yet to materialise, but things are about to get interesting. J.P Morgan will only officially start a five-mont
Published 04 Aug, 2019 12:00am
Forced Venezuela bond selling about to face first test
Exchange

Forced Venezuela bond selling about to face first test

The feared firesale of Venezuela's government bonds after J.P Morgan effectively cut them out of its popular bond indices earlier this month has yet to materialise, but things are about to get interesting. J.P Morgan will only officially start a five-mont
Published 04 Aug, 2019 12:00am
MENA fund managers to boost UAE investments, bearish on Saudi Arabia

MENA fund managers to boost UAE investments, bearish on Saudi Arabia

Middle Eastern funds plan to increase their investments in the United Arab Emirates and decrease their investments in Saudi Arabia, while keeping their exposure to other countries in the region at current levels, according to a Reuters poll. Seven of the
Published 04 Aug, 2019 12:00am
MENA fund managers to boost UAE investments, bearish on Saudi Arabia

MENA fund managers to boost UAE investments, bearish on Saudi Arabia

Middle Eastern funds plan to increase their investments in the United Arab Emirates and decrease their investments in Saudi Arabia, while keeping their exposure to other countries in the region at current levels, according to a Reuters poll. Seven of the
Published 04 Aug, 2019 12:00am
S&P, Nasdaq post worst week since December
Exchange

S&P, Nasdaq post worst week since December

Wall Street extended its sell-off on Friday on renewed trade fears as the benchmark S&P 500 index and Nasdaq saw their worst weekly percentage plunges since December, when investors were spooked by the prospect of a looming recession. The blue chip Dow an
Published 04 Aug, 2019 12:00am
Dollar LIBOR posts steepest one-day drop in a decade
Libor

Dollar LIBOR posts steepest one-day drop in a decade

The interest rate that banks charge each other to borrow dollars for three months posted its biggest daily fall in 10 years on Friday as traders betted that the Federal Reserve may boost the number of US rate cuts to counter the potential economic impact
Published 04 Aug, 2019 12:00am
Canadian dollar steadies
Currency

Canadian dollar steadies

The Canadian dollar was little changed against its US counterpart on Friday, with the currency recovering from an earlier six-week low which it hit as trade tensions escalated and after domestic data showed a drop in exports. Canada posted a narrower trad
Published 04 Aug, 2019 12:00am
Speculators' net long US dollar bets hit highest since late June

Speculators' net long US dollar bets hit highest since late June

Speculators' net long dollar position rose to its highest level since late June, according to calculations by Reuters and US Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position totalled $18.70 billion in
Published 04 Aug, 2019 12:00am
Asian currencies seen under pressure; yuan bearish bets pile
Currency

Asian currencies seen under pressure; yuan bearish bets pile

Investors turned more bearish on some Asian currencies and trimmed long bets on others over the past two weeks, a Reuters poll showed, as caution prevailed over prospective further dovish approach by key global central banks and their Asian counterparts.
Published 04 Aug, 2019 12:00am
Dollar weakens as September rate cut bets mount
Exchange

Dollar weakens as September rate cut bets mount

The dollar fell broadly on Friday as news of slower US employment growth in July and heightened US-China trade tensions fuelled expectations that the Federal Reserve would cut interest rates again in September. Nonfarm payrolls increased by 164,000 jobs i
Published 04 Aug, 2019 12:00am
EU settles on World Bank's Georgieva to lead IMF

EU settles on World Bank's Georgieva to lead IMF

European Union governments picked Bulgaria's Kristalina Georgieva as the bloc's candidate to lead the International Monetary Fund after more than 12 hours of talks on Friday that highlighted the EU's internal divisions. The 65-year-old chief executive of
Published 04 Aug, 2019 12:00am
Insurance, economy, tariffs weigh on Berkshire Hathaway

Insurance, economy, tariffs weigh on Berkshire Hathaway

Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell more than analysts expected, as weakness in insurance underwriting, a slowing economy and trade woes weighed on the conglomerate run by billionaire Warren Buffett. Berkshire's aut
Published 04 Aug, 2019 12:00am
Insurance, economy, tariffs weigh on Berkshire Hathaway

Insurance, economy, tariffs weigh on Berkshire Hathaway

Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell more than analysts expected, as weakness in insurance underwriting, a slowing economy and trade woes weighed on the conglomerate run by billionaire Warren Buffett. Berkshire's aut
Published 04 Aug, 2019 12:00am
New US sanctions won't hurt Russian financial system

New US sanctions won't hurt Russian financial system

Additional US sanctions damage bilateral ties between Moscow and Washington but Russia's financial system is resilient to external pressures, Finance Minister Anton Siluanov said on Saturday. US President Donald Trump has imposed another round of sanction
Published 04 Aug, 2019 12:00am
Three dead as sea cliff falls on California beachgoers

Three dead as sea cliff falls on California beachgoers

At least three people died when part of a cliff collapsed onto beachgoers on the California coast on Friday, authorities said. The incident took place near a staircase leading to Grandview Surf Beach, north of San Diego. The San Diego County Sheriff's Dep
Published 04 Aug, 2019 12:00am
Facebook begins adding its name to some screens on Instagram

Facebook begins adding its name to some screens on Instagram

Facebook Inc started adding its name to some screens on its Instagram photo-sharing platform this week, one of the first links it has given users to its ownership of the popular platform. The move comes as the world's largest social media company faces gr
Published 04 Aug, 2019 12:00am
Nissan, Renault eye restructuring for Fiat merger

Nissan, Renault eye restructuring for Fiat merger

Nissan and Renault are considering changes to their partnership in order to reinvigorate merger negotiations with US-Italian automaker Fiat Chrysler, US media reported on Friday. Negotiations for a tie-up between Renault and Fiat Chrysler (FCA) collapsed
Published 04 Aug, 2019 12:00am
Namibia inaugurates Chinese-built port terminal

Namibia inaugurates Chinese-built port terminal

Namibia has inaugurated a new Chinese-built port terminal which doubles its container capacity and is also to give tourism a boost. The 40-hectare platform reclaimed from the sea at Walvis Bay, some 400 kilometres (250 miles) west of Windhoek, is to becom
Published 04 Aug, 2019 12:00am
Apple, Google pause reviewing audio recordings from voice assistants

Apple, Google pause reviewing audio recordings from voice assistants

Apple Inc and Alphabet Inc's Google have globally suspended reviewing recordings from users interacting with their voice assistants, as concerns over data privacy mount. Apple said on Friday it had paused the program called "grading", where it reviewed an
Published 04 Aug, 2019 12:00am
Four dead, several injured after powerful quake rocks Indonesia

Four dead, several injured after powerful quake rocks Indonesia

Four people died and several were injured after a powerful undersea earthquake rocked Indonesia's heavily populated Java island, triggering a brief tsunami warning, the national disaster agency said Saturday. The 6.9 magnitude quake on Friday evening sent
Published 04 Aug, 2019 12:00am
11 dead, three missing as boats capsize in Philippines

11 dead, three missing as boats capsize in Philippines

Eleven people died and three others were missing after three passenger boats capsized in rough seas off the central Philippines on Saturday, authorities said. Sixty-three survivors were plucked from the water after huge waves swamped the boats in the Guim
Published 04 Aug, 2019 12:00am
Blast kills 31 regime fighters at Syria airbase

Blast kills 31 regime fighters at Syria airbase

A munitions blast killed 31 regime and allied fighters at a military airport in central Syria on Saturday, a war monitor said. The Syrian Observatory for Human Rights, which is based in Britain and relies on a network of sources on the ground, said it was
Published 04 Aug, 2019 12:00am
Another earthquake rattles Greece

Another earthquake rattles Greece

Another earthquake shook Greece on Saturday, this time off the Aegean island of Karpathos, the Greek Geodynamic Institute said, although there were no immediate reports of damage or injuries. The epicentre of the 4.8-magnitude quake, which occurred at 095
Published 04 Aug, 2019 12:00am
Police detain hundreds at Moscow opposition protest

Police detain hundreds at Moscow opposition protest

Police detained hundreds of protesters at an opposition gathering in Moscow on Saturday, as authorities upped the pressure on top Kremlin critic Alexei Navalny by launching a criminal probe into his anti-graft group. Crowds of people marched in the capita
Published 04 Aug, 2019 12:00am
India deports Maldives ex-vice president caught on boat

India deports Maldives ex-vice president caught on boat

India on Saturday deported former Maldives vice president Ahmed Adeeb, who faces attempted murder and corruption charges at home, after he tried to enter the country on a tugboat, officials said. Adeeb arrived at the southern port of Tuticorin on Thursday
Published 04 Aug, 2019 12:00am
Judge blocks Trump asylum restriction

Judge blocks Trump asylum restriction

A judge on Friday blocked a move by US President Donald Trump's administration to stop migrants from claiming asylum unless they had entered the country at an official border crossing, news outlets reported. The policy, enacted by Trump last year, is amon
Published 04 Aug, 2019 12:00am
Civilian casualties in Afghan war jump in July

Civilian casualties in Afghan war jump in July

Civilian casualty rates across Afghanistan jumped back to record levels last month, following a dip earlier in the year, the UN said Saturday. According to the UN Assistance Mission in Afghanistan, more than 1,500 civilians were killed or wounded in the A
Published 04 Aug, 2019 12:00am
New Singapore opposition party launched as polls loom

New Singapore opposition party launched as polls loom

A new opposition party backed by the estranged brother of Singapore's prime minister was launched Saturday in a fresh challenge to the government as speculation mounts elections could be called soon. The Progress Singapore Party (PSP) - aiming to contest
Published 04 Aug, 2019 12:00am
FIA gets 5-day remand of Indian national

FIA gets 5-day remand of Indian national

A local court on Saturday gave five-day physical remand to an Indian national for questioning. Panjam Tiwari was arrested on Friday night during a raid in Lari Adda area of the city for living in the country with fake passport and documents for the last 1
Published 04 Aug, 2019 12:00am
JI to free country from IMF's clutches: Siraj

JI to free country from IMF's clutches: Siraj

Jamaat-e-Islami chief Sirajul Haq has said those selling out their vote and conscience could never give respect to the vote. Addressing the JI (Central) workshop at Mansoora, he said the parties who had put up Hasil Bizenjo for the Senate top slot and tho
Published 04 Aug, 2019 12:00am
PTI condemns use of cluster ammunition by Indian army

PTI condemns use of cluster ammunition by Indian army

Pakistan Tehreek-e-Insaf (PTI) on Saturday strongly condemned use of cluster ammunition along the Line of Control (LoC) by Indian army to deliberately target civilian population, saying it is clear violation of Geneva Convention and international humanita
Published 04 Aug, 2019 12:00am
'TB patients get free medical treatment in Punjab'

'TB patients get free medical treatment in Punjab'

With a view to provide complete medical treatment to the TB patients at their doorsteps, the Punjab government has established a network of Basic Management Units (BMUs) across the province. As per data, total TB cases incidence rate per year is 525,000 i
Published 04 Aug, 2019 12:00am
Hamza's remand extended for another 7 days

Hamza's remand extended for another 7 days

An accountability court on Saturday extended physical remand of leader of opposition in Punjab Assembly Hamza Shahbaz for another seven days in alleged illegal assets and money laundering case.
Published 04 Aug, 2019 12:00am
APBF calls for economic uplift through skill development

APBF calls for economic uplift through skill development

The All Pakistan Business Forum (APBF) has stressed the need for promoting skills development according to the private sector demand as skilled youth can fulfill the industrial human resource needs, besides uplifting national economy.
Published 04 Aug, 2019 12:00am
NKATI demands action against encroachers

NKATI demands action against encroachers

Captain A Moiz Khan, patron-in-chief and Syed Tariq Rasheed, president of North Karachi Association of Industry (NKATI), have expressed deep concern over the illegal activities of encroachment mafia on roads of North Karachi Industrial Area and urged the
Published 04 Aug, 2019 12:00am
Four out of 10 children stunted in KP, NNS survey reveals

Four out of 10 children stunted in KP, NNS survey reveals

Four out of every ten children aged five years or under in Khyber Pakhtunkhwa are stunted while nearly two out of every ten suffer from wasting, said the National Nutrition Survey (NNS) 2018. The survey was conducted with the financial support of the Unit
Published 04 Aug, 2019 12:00am
Valuable material of old Burma Bridge to be auctioned

Valuable material of old Burma Bridge to be auctioned

As dismantling process of existing old Burma Bridge at Lehtrar Road is in progress, Capital Development Authority (CDA) chairman has issued instructions that proper stocktaking of debris may be taken so that valuable material could be auctioned at later s
Published 04 Aug, 2019 12:00am
Prices of basic commodities continue to rise

Prices of basic commodities continue to rise

Prices of essential kitchen items, especially cooking oil/ghee, spices, pulses, sugar, cooked food, and liquefied petroleum gas (LPG), have again witnessed an increase during this week past as compared to previous week, a survey conducted by Business R
Published 04 Aug, 2019 12:00am
Hydel stations France to provide over 50 million euros for upgradation

Hydel stations France to provide over 50 million euros for upgradation

The government of France has agreed to provide more than 50 million euros for the up-gradation of two hydel power stations in Chitral and Dargai areas of Malakand division. According to WAPDA sources, a Memorandum of Understanding has already been signed
Published 04 Aug, 2019 12:00am
PALPA accuses PIA management of violating rules, regulations

PALPA accuses PIA management of violating rules, regulations

Pakistan Airline's Pilots Association (PALPA) has expressed serious concern over alleged violation of aviation rules and regulations by the management of Pakistan International Airlines (PIA). According to the association, the management of PIA was allege
Published 04 Aug, 2019 12:00am
Eight Karachi cattle markets declared legal

Eight Karachi cattle markets declared legal

Sindh government has allowed the setting up of cattle markets in eight locations in the metropolis. According to a notification issued by Sindh government, eight cattle markets, including Super Highway, Malir 15-Asoo Goth, Cattle Market-Landhi, Rice Godow
Published 04 Aug, 2019 12:00am
Monsoon tree plantation drive begins in Punjab

Monsoon tree plantation drive begins in Punjab

Punjab Chief Minister Sardar Usman Buzdar on Saturday inaugurated the monsoon tree plantation campaign by planting a sapling at China Park near Sagian Interchange. He offered prayers to make this campaign successful. Speaking on the occasion, the chief mi
Published 04 Aug, 2019 12:00am
Carjacking cases on the rise in capital

Carjacking cases on the rise in capital

The incidents of motor vehicles theft have shown an increase in the federal capital as over seven vehicles including motor bikes were stolen from various localities during the last week. According to data gathered by Business Recorder, over seven cases of
Published 04 Aug, 2019 12:00am
Pakistani companies participate in Texworld USA exhibition
Cotton

Pakistani companies participate in Texworld USA exhibition

Some 13 Pakistani of fabric, garments companies and home textile manufacturers participated in Texworld/Apparel Sourcing USA exhibition. Trade Development Authority of Pakistan organised the Pakistan Pavilion at the fair held from 22-24 July, in New York
Published 04 Aug, 2019 12:00am
India flouts international convention by using cluster bombs: BMP

India flouts international convention by using cluster bombs: BMP

Businessmen Panel (BMP) spokesperson Ahmad Jawad has said that business community is concerned on volatile situation in Kashmir where use of cluster bombs by Indian forces in violation of international conventions is condemnable.
Published 04 Aug, 2019 12:00am
APNS offers a word of thanks to Sindh CM

APNS offers a word of thanks to Sindh CM

The APNS has thanked Syed Murad Ali Shah, Chief Minister Sindh and his Cabinet for exempting SST on newspapers, periodicals and their web editions. Hameed Haroon, President and Sarmad Ali, Secretary General All Pakistan Newspapers Society expressed their
Published 04 Aug, 2019 12:00am
Opposition's narrative flops badly: Buzdar

Opposition's narrative flops badly: Buzdar

Punjab Chief Minister Sardar Usman Buzdar Saturday said the narrative of the opposition, which always did politics over non-issues, has flopped badly. "The people have announced disassociation from those leaders who practiced politics of anarchy and the r
Published 04 Aug, 2019 12:00am
SC issues roster to hear cases next week

SC issues roster to hear cases next week

The Supreme Court (SC) on Saturday issued the roster to hear the cases including important case of revival of Karachi Circular Railway at Karachi Registry next week. According to the roster issued, a three-member bench of SC headed by Justice Gulzar Ahmed
Published 04 Aug, 2019 12:00am
Zaidi launches cleanliness drive in Karachi

Zaidi launches cleanliness drive in Karachi

A group in a Chair of Federal Minister for Maritime Affairs Ai Zaidi, who is also an overseer of Clean Karachi Campaign, has decided more than 10,000 volunteers, political workers and people representative will take part in the Clean Karachi Campaign.
Published 04 Aug, 2019 12:00am
Hot and humid weather forecast for today

Hot and humid weather forecast for today

The Met Office on Saturday forecast mainly hot and humid weather for the most parts of the country in next 24 hours. However, isolated rain and wind-thunderstorm is expected in Hazara, Rawalpindi, Lahore, Gujranwala, Sargodha, Bahawalpur and Sahiwal Divis
Published 04 Aug, 2019 12:00am
No one has right to slam national institutions: Sarwar

No one has right to slam national institutions: Sarwar

Governor Punjab Ch Mohammad Sarwar has said that those who are criticizing the national institutions have no right to do politics. While talking to delegations headed by MNA Shaukat Bhatti, Mehdi Bhatti and Vice Chairman Overseas Commission Waseem Ramay,
Published 04 Aug, 2019 12:00am
Health facilitation cards being distributed from Mithi

Health facilitation cards being distributed from Mithi

The Executive Director Management & Development Foundation (MDF) Ghulam Mustafa Rajpar announced that MDF with the financial support of State Life Insurance of Pakistan and with the permission of Deputy Commissioner Tharparkar & Deputy Director Social Wel
Published 04 Aug, 2019 12:00am
Bilawal, Shahbaz slam India for using cluster bombs

Bilawal, Shahbaz slam India for using cluster bombs

Pakistan Peoples Party Chairman Bilawal Bhutto Zardari and Leader of the Opposition in the National Assembly Shahbaz Sharif condemned on Saturday the use of cluster ammunition by Indian troops to target civilians from across the Line of Control (LoC). In
Published 04 Aug, 2019 12:00am
Buzdar condemns use of ammunition at LoC

Buzdar condemns use of ammunition at LoC

Punjab Chief Minister Sardar Usman Buzdar on Saturday condemned the use of cluster ammunition by the Indian forces to target civilian population at Line of Control. He expressed grief over the death of a child and two persons, and conveyed his condolences
Published 04 Aug, 2019 12:00am
LEAs foil major terror plot

LEAs foil major terror plot

Law Enforcement Agencies (LEAs) thwarted a major terror plot as they diffuse explosive material found from under the railway track near the Mach area in District Bolan. According to the details, the security forces have found the explosive material under
Published 04 Aug, 2019 12:00am
MPC disposes of 4,020 cases up till July 31

MPC disposes of 4,020 cases up till July 31

Missing Persons Commission (MPC) has disposed of 4020 cases up to July 31, 2019 as per monthly progress report of missing person commission of July 2019. A total number of 6156 cases were received by the Missing Persons Commission up to June, 2019. During
Published 04 Aug, 2019 12:00am
India bent upon changing IOK's demography: Maleeha

India bent upon changing IOK's demography: Maleeha

Pakistan's Permanent Representative to the United Nations Maleeha Lodhi on Saturday said that India wanted to change the demography of occupied Kashmir. Maleeha Lodhi took to the micro-blogging website Twitter citing, "Foreign Minister Shah Mahmood Quresh
Published 04 Aug, 2019 12:00am
PM to address nation on August 18

PM to address nation on August 18

Prime Minister Imran Khan will address the nation on August 18. According to sources, the prime minister will take the nation into confidence over the government's one-year performance. Furthermore, the prime minister's office said, PM Imran has directed
Published 04 Aug, 2019 12:00am
Imran takes notice of Pattoki firing incident

Imran takes notice of Pattoki firing incident

Prime Minister Imran Khan has taken notice of the Pattoki firing incident on Saturday. According to the statement issued by the PM office, the premier has sought a detailed report of the incident from the IG Punjab over the occurrence.
Published 04 Aug, 2019 12:00am
Firdous blames PML-N for country's woes

Firdous blames PML-N for country's woes

The Special Assistant to the Prime Minister on Broadcast and Media, Firdous Ashiq Awan, retorted to Maryam Nawaz of the PML-N's allegations, saying that the politicians plundered the poor to make Avenfield properties.
Published 04 Aug, 2019 12:00am
Kartarpur Corridor's 90 percent work accomplished

Kartarpur Corridor's 90 percent work accomplished

Pakistan has completed 90 per cent work on the Kartarpur Corridor including the construction of the main road, bridge and buildings from zero line to Gurdwara Sahib ahead of its launch in November. The first batch of pilgrims from India will arrive in Pak
Published 04 Aug, 2019 12:00am
Mandviwalla condemns Indian attack along LoC

Mandviwalla condemns Indian attack along LoC

Senate Deputy Chairman Saleem Mandviwalla on Saturday condemned the Indian terrorism act at the Line of Control (LoC) targeting the civilian population and urged international community to play role in resolving the longstanding Kashmir issue.
Published 04 Aug, 2019 12:00am
What's happening in occupied Kashmir?

What's happening in occupied Kashmir?

The occupied Jammu & Kashmir witnessing an unprecedented situation as New Delhi has asked all tourists and pilgrims to leave Kashmir. It is, however, important to note that pilgrims and tourists have never before been asked to leave Kashmir. The extra tro
Published 04 Aug, 2019 12:00am
As trade stumbles, Trump's economy faces a reckoning

As trade stumbles, Trump's economy faces a reckoning

America's economy is showing signs of sagging under the weight of President Donald Trump's escalating trade war with China, which is whipsawing industries and financial markets. Punitive tariffs have stung major trading partners just as those economies we
Published 04 Aug, 2019 12:00am
Democratic candidate attacks on Obama legacy rankle party

Democratic candidate attacks on Obama legacy rankle party

Barack Obama slashed US unemployment, protected child migrants and delivered healthcare to millions. But several 2020 candidates scorched the popular ex-president at their Democratic debate, a strategy that risks alienating voters as the party seeks to re
Published 04 Aug, 2019 12:00am
Privacy missteps cast cloud over digital assistants

Privacy missteps cast cloud over digital assistants

A series of privacy missteps in recent months has raised fresh concerns over the future of voice-controlled digital assistants, a growing market seen by some as the next frontier in computing. Recent incidents involving Google, Apple and Amazon devices un
Published 04 Aug, 2019 12:00am
Opportunities in crisis
Exchange

Opportunities in crisis

The exchange rate undervaluation is at levels last seen in 2001. Real interest rates were too high back then as well. The economy was struggling and the looming debt trap was the case. The situation is not much different today either. There were efforts t
Published 04 Aug, 2019 12:00am
The mounting menace of HIV

The mounting menace of HIV

In its recent report on the incidence of HIV/AIDS, the UNAIDS (Joint United Nations Programme on HIV) makes the deeply disturbing disclosure that Pakistan is among 11 countries with the highest prevalence of the affliction - 13 percent. While the rest of
Updated 05 Aug, 2019 06:13am
Criminal justice system's flaws

Criminal justice system's flaws

To his credit, Chief Justice of Pakistan (CJP) Asif Saeed Khosa has stayed focused on the reform agenda he spelled out upon coming to office earlier this year. Speaking on judicial sector reforms at the Sindh Police Headquarters recently, he reiterated th
Updated 05 Aug, 2019 06:49am
India's sinister moves

India's sinister moves

In an obvious attempt to deflect international attention from its bloody repression in Occupied Kashmir, India has repeatedly been violating the ceasefire agreement, indiscriminately shelling civilian populations across the Line of Control and the Working
Updated 05 Aug, 2019 06:30am
Erdogan lays stone for modern: Turkey's first new church

Erdogan lays stone for modern: Turkey's first new church

President Recep Tayyip Erdogan on Saturday laid the foundation stone for the first new church in Turkey since it became a modern republic in 1923. The church in the Istanbul suburb of Yesilkoy will serve the 17,000-strong Syriac Christian community, which
Published 04 Aug, 2019 12:00am
Erdogan lays stone for modern: Turkey's first new church

Erdogan lays stone for modern: Turkey's first new church

President Recep Tayyip Erdogan on Saturday laid the foundation stone for the first new church in Turkey since it became a modern republic in 1923. The church in the Istanbul suburb of Yesilkoy will serve the 17,000-strong Syriac Christian community, which
Published 04 Aug, 2019 12:00am
Strike threatened: APTU rejects proposed fixed tax scheme

Strike threatened: APTU rejects proposed fixed tax scheme

All Pakistan Traders Union (APTU) has outrightly rejected the Federal Board of Revenue''s fixed tax scheme and announced that their strike call will not be called off until FBR revises the scheme in line with their recommendations formulated in consultati
Published 04 Aug, 2019 12:00am
Strike threatened: APTU rejects proposed fixed tax scheme

Strike threatened: APTU rejects proposed fixed tax scheme

All Pakistan Traders Union (APTU) has outrightly rejected the Federal Board of Revenue's fixed tax scheme and announced that their strike call will not be called off until FBR revises the scheme in line with their recommendations formulated in consultatio
Published 04 Aug, 2019 12:00am
Strike threatened: APTU rejects proposed fixed tax scheme

Strike threatened: APTU rejects proposed fixed tax scheme

All Pakistan Traders Union (APTU) has outrightly rejected the Federal Board of Revenue's fixed tax scheme and announced that their strike call will not be called off until FBR revises the scheme in line with their recommendations formulated in consultatio
Published 04 Aug, 2019 12:00am
Agri promotion: SECP to register CMCs engaged in warehousing
Exchange

Agri promotion: SECP to register CMCs engaged in warehousing

The Securities and Exchange Commission of Pakistan (SECP) will register the Collateral Management Companies (CMCs) - agriculture promotion companies - to engage in the activities of warehousing, ie, provision of quality storage and preservation services f
Published 04 Aug, 2019 12:00am
Agri promotion: SECP to register CMCs engaged in warehousing
Exchange

Agri promotion: SECP to register CMCs engaged in warehousing

The Securities and Exchange Commission of Pakistan (SECP) will register the Collateral Management Companies (CMCs) - agriculture promotion companies - to engage in the activities of warehousing, ie, provision of quality storage and preservation services f
Published 04 Aug, 2019 12:00am
Agri promotion: SECP to register CMCs engaged in warehousing
Exchange

Agri promotion: SECP to register CMCs engaged in warehousing

The Securities and Exchange Commission of Pakistan (SECP) will register the Collateral Management Companies (CMCs) - agriculture promotion companies - to engage in the activities of warehousing, ie, provision of quality storage and preservation services f
Published 04 Aug, 2019 12:00am
Agri promotion: SECP to register CMCs engaged in warehousing
Exchange

Agri promotion: SECP to register CMCs engaged in warehousing

The Securities and Exchange Commission of Pakistan (SECP) will register the Collateral Management Companies (CMCs) - agriculture promotion companies - to engage in the activities of warehousing, ie, provision of quality storage and preservation services f
Published 04 Aug, 2019 12:00am
US announces new sanctions against Russia over Skripal affair

US announces new sanctions against Russia over Skripal affair

A new round of sanctions were imposed on Moscow Saturday by the United States over the 2018 poisoning of former double-agent Sergei Skripal in the United Kingdom. Russian spies have been blamed for the poisoning of Skripal and his daughter in the English
Published 04 Aug, 2019 12:00am
US announces new sanctions against Russia over Skripal affair

US announces new sanctions against Russia over Skripal affair

A new round of sanctions were imposed on Moscow Saturday by the United States over the 2018 poisoning of former double-agent Sergei Skripal in the United Kingdom. Russian spies have been blamed for the poisoning of Skripal and his daughter in the English
Published 04 Aug, 2019 12:00am
Hong Kong police fire tear gas at protesters in tourist district

Hong Kong police fire tear gas at protesters in tourist district

Hong Kong riot police fired repeated tear gas rounds on Saturday evening at pro-democracy protesters in a popular tourist district, as violence rocked the international finance hub once more despite increasingly stern warnings from China. The semi-autonom
Published 04 Aug, 2019 12:00am
Hong Kong police fire tear gas at protesters in tourist district

Hong Kong police fire tear gas at protesters in tourist district

Hong Kong riot police fired repeated tear gas rounds on Saturday evening at pro-democracy protesters in a popular tourist district, as violence rocked the international finance hub once more despite increasingly stern warnings from China. The semi-autonom
Published 04 Aug, 2019 12:00am
Iran to further reduce commitments to nuclear deal: Zarif

Iran to further reduce commitments to nuclear deal: Zarif

Iran will take another step to reduce its compliance with a landmark 2015 nuclear deal, Iranian Foreign Minister Mohammad Javad Zarif said on Saturday without elaborating, according to parliamentary news agency ICANA. Iran has repeatedly said it will redu
Published 04 Aug, 2019 12:00am
Iran to further reduce commitments to nuclear deal: Zarif

Iran to further reduce commitments to nuclear deal: Zarif

Iran will take another step to reduce its compliance with a landmark 2015 nuclear deal, Iranian Foreign Minister Mohammad Javad Zarif said on Saturday without elaborating, according to parliamentary news agency ICANA. Iran has repeatedly said it will redu
Published 04 Aug, 2019 12:00am
China rejects allegation of building naval base at Gwadar

China rejects allegation of building naval base at Gwadar

China has categorically stated that it has no intention building a naval base at Pakistan's deep seaport, Gwadar, reports China Economic Net (CEN) quoting a white-paper issued here on the country's national defence.
Published 04 Aug, 2019 12:00am
China rejects allegation of building naval base at Gwadar

China rejects allegation of building naval base at Gwadar

China has categorically stated that it has no intention building a naval base at Pakistan's deep seaport, Gwadar, reports China Economic Net (CEN) quoting a white-paper issued here on the country's national defence.
Published 04 Aug, 2019 12:00am
Sudan protesters reach full agreement with generals on civilian rule

Sudan protesters reach full agreement with generals on civilian rule

Protest leaders reached "full agreement" with Sudan's ruling generals Saturday on a hard-won constitutional declaration, the African Union said, paving the way for a promised transition to civilian rule. Thousands of jubilant Sudanese took to the streets
Published 04 Aug, 2019 12:00am
Sudan protesters reach full agreement with generals on civilian rule

Sudan protesters reach full agreement with generals on civilian rule

Protest leaders reached "full agreement" with Sudan's ruling generals Saturday on a hard-won constitutional declaration, the African Union said, paving the way for a promised transition to civilian rule. Thousands of jubilant Sudanese took to the streets
Published 04 Aug, 2019 12:00am
Kashmir situation: Sanjrani for convening joint session

Kashmir situation: Sanjrani for convening joint session

Chairman Senate Muhammad Sadiq Sanjrani Saturday demanded to convene a joint session of the Parliament immediately to discuss the prevailing situation in Kashmir. "There should be a debate on the Kashmir situation," he said requesting President Dr Arif Al
Published 04 Aug, 2019 12:00am
Kashmir situation: Sanjrani for convening joint session

Kashmir situation: Sanjrani for convening joint session

Chairman Senate Muhammad Sadiq Sanjrani Saturday demanded to convene a joint session of the Parliament immediately to discuss the prevailing situation in Kashmir. "There should be a debate on the Kashmir situation," he said requesting President Dr Arif Al
Published 04 Aug, 2019 12:00am
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