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Apr 28, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-09-07
Message from Chief of Army Staff

Message from Chief of Army Staff

Pakistan is passing through a defining moment of its history. Forces inimical to our peace and solidarity have gravely destabilized our region which calls for greater vigilance on the part of nation in general and Armed Forces in particular. Pakistan Army
Published 07 Sep, 2019 12:00am
Message from Chairman Joint Chiefs of Staff Committee

Message from Chairman Joint Chiefs of Staff Committee

The Defence Day of Pakistan reminds us of the unwavering resolve and matchless sacrifices of our gallant men to defend the motherland against any aggression. The 6th of September is a significant landmark in the history of our country as on this day, the
Published 07 Sep, 2019 12:00am
Message from Federal Minister for Defence

Message from Federal Minister for Defence

6th of September is a milestone in the annals of our history. It reminds us of the indomitable courage and unprecedented sacrifices rendered by our Armed Forces for the defence of the sacred frontiers of this Motherland. We hold in great esteem the braver
Published 07 Sep, 2019 12:00am
Message from Prime Minister Islamic Republic of Pakistan

Message from Prime Minister Islamic Republic of Pakistan

6 September, the Defence day of Pakistan, stands out in the history of Pakistan as a symbol of enduring display of unity, indomitable courage and unmatched sacrifices by our gallant soldiers who, on this day, years ago, proved to the world that the countr
Published 07 Sep, 2019 12:00am
Message from President Islamic Republic of Pakistan

Message from President Islamic Republic of Pakistan

September 6 dawns every year with remembrance of national spirit and for renewal of our resolve to lay down our lives for our beloved motherland. 54 years ago, our valiant Armed Forces, standing shoulder-to-shoulder with the nation, immortalized this day
Published 07 Sep, 2019 12:00am
Activities of Port Qasim

Activities of Port Qasim

A cargo volume of 164,771 tonnes comprising 140,127 tonnes of import cargo and 24,644 tonnes of export cargo including 3,574 loaded and empty containers (TEUs) was handled at Port Qasim during the last 24 hours on Friday. The total import cargo of 140,127
Published 07 Sep, 2019 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,204. The traded value of Metals, Energy and COTS/FX was recorded at 13.628 billion and the numbers of lots traded were 12,509.
Published 07 Sep, 2019 12:00am
CBOT wheat futures higher

CBOT wheat futures higher

Chicago Board of Trade wheat futures closed higher on Thursday, extending a recovery from this week's three-month low, supported by short-covering and worries about dry conditions stressing crops in Australia, traders said. CBOT December soft red winter w
Published 07 Sep, 2019 12:00am
China's iron ore futures rise
Exchange

China's iron ore futures rise

China's iron ore futures extended gains for the sixth straight session on Thursday, as the government pledged to implement monetary and fiscal policies to refuel the slowing economy. China's cabinet, the State Council, chaired by Premier Li Keqiang, said
Published 07 Sep, 2019 12:00am
CBOT soyabean futures lower

CBOT soyabean futures lower

Chicago Board of Trade soyabean futures closed lower on Thursday on technical selling and worries about uncertain demand for US supplies, given the trade war with China and prospects for large South American crops, traders said. CBOT November soyabeans se
Published 07 Sep, 2019 12:00am
Asia's naphtha crack rises to two-week high

Asia's naphtha crack rises to two-week high

Asia's naphtha crack rose for a fourth day to reach an almost two-week high of $19 a tonne on Thursday, supported by demand for second-half October cargoes although the value was 80.6% lower than a year ago due to excess supplies. Buyers in the market thi
Published 07 Sep, 2019 12:00am
US natural gas futures fall from 7-week high
Exchange

US natural gas futures fall from 7-week high

US natural gas futures fell almost 2% from a seven-week high on Thursday following the release of a bigger than expected weekly storage build and a projected decline in the amount of gas flowing to liquefied natural gas (LNG) export plants. The US Energy
Published 07 Sep, 2019 12:00am
Cotton market: Steady trend on slow business
Cotton

Cotton market: Steady trend on slow business

Firmness prevailed on the cotton market on Friday as prices maintained overnight levels in the process of modest trading activity, dealers said. The official spot rate was unchanged at Rs 8100, they added. In ready session, over 4000 bales of cotton chang
Published 07 Sep, 2019 12:00am
Jordan tenders for 120,000 tonnes of wheat

Jordan tenders for 120,000 tonnes of wheat

Jordan's state grains buyer has issued an international tender to purchase 120,000 tonnes of hard milling wheat which can be sourced from optional origins, European traders said on Thursday. The tender closes on Sept. 10, they said. Jordan has struggled t
Published 07 Sep, 2019 12:00am
EU wheat steady as traders eye Saudi tender

EU wheat steady as traders eye Saudi tender

Euronext wheat edged higher on Thursday in keeping with a firm trend in Chicago as futures recovered from contract lows this week, while traders awaited the outcome of a Saudi tender as a test of export competition. Benchmark December milling wheat on Par
Published 07 Sep, 2019 12:00am
Daraz launches EMI service

Daraz launches EMI service

Daraz, Pakistan's leading online marketplace, has launched 'Easy Monthly Installments' (EMI) service for all HBL, Bank Alfalah and Silk Bank credit card customers. EMI is a service that allows customers to purchase items through a deferred payment plan us
Published 07 Sep, 2019 12:00am
Defence Day, Kashmir Hour observed in Faisalabad

Defence Day, Kashmir Hour observed in Faisalabad

The Defence Day and Kashmir Hour were observed throughout the Faisalabad Division with new zeal and national spirit to pay homage to the martyrs and ghazis of Pakistan and to express solidarity with the Kashmir brethrens.
Published 07 Sep, 2019 12:00am
FMPAC urges govt to revisit decision on GIDC ordinance
Exchange

FMPAC urges govt to revisit decision on GIDC ordinance

The Fertilizer industry has urged the federal government to revisit its decision of withdrawing the GIDC related ordinance and claimed that Fertilizer sector would end up bearing a huge loss of Rs 4 billion, as the impact of gas price increase has not bee
Published 07 Sep, 2019 12:00am
ZTBL celebrates Defence Day

ZTBL celebrates Defence Day

"Zarai Taraqiati Bank Limited (ZTBL) celebrated Defence Day as Kashmir solidarity day at Head Office, Islamabad under the directives of government of Pakistan. All employees of the ZTBL including senior management, officers, clerical/ non-clerical and oth
Published 07 Sep, 2019 12:00am
Instant cross border home remittances: FBL to partner with Ripple

Instant cross border home remittances: FBL to partner with Ripple

Faysal Bank Limited (FBL) continues to introduce digitally enabled solutions for its customers through partnering with Ripple, a globally recognized company for fast, secure and convenient cross border payments service. This agreement which was signed rec
Published 07 Sep, 2019 12:00am
IOK situation: Sanjrani briefs Saudi delegation

IOK situation: Sanjrani briefs Saudi delegation

Chairman Senate Muhammad Sadiq Sanjrani has said that recent volatile situation in the Indian Occupied Kashmir (IOK) requires a joint and sagacious response from Muslim Ummah as the Indian government under the leadership of Narendra Modi is involved in cr
Published 07 Sep, 2019 12:00am
CM expresses solidarity with families of martyrs

CM expresses solidarity with families of martyrs

The Punjab Chief Minister Sardar Usman Buzdar on Friday visited the residence of Lance Naik Muhammad Taimur Aslam at Pir Colony in Walton who embraced martyrdom due to unprovoked firing of the Indian army at LoC, and met with his father, maternal grandfat
Published 07 Sep, 2019 12:00am
Defence Day observed at LUMHS

Defence Day observed at LUMHS

Liaquat University of Medical and Health Sciences, Jamshoro observed the Defense Day of Pakistan as 'Kashmir Solidarity Day' on 6th Sep at Latif hall LUMHS Jamshoro, participated by a large number of students, faculty members, and the officials of the uni
Published 07 Sep, 2019 12:00am
Australian shares climb, New Zealand at record high

Australian shares climb, New Zealand at record high

Australian shares had a solid rise on Friday, contributing to the market's third straight weekly gain, fuelled by hopes for reduced tensions after Washington and Beijing agreed to hold high-level trade talks next month. The S&P/ASX 200 index advanced 0.5%
Published 07 Sep, 2019 12:00am
Japan shares climb

Japan shares climb

Japanese shares hit a fresh one-month high on Friday as better-than-expected US economic data and news of scheduled trade talks between the United States and China bolstered appetite for global stocks. The benchmark Nikkei average gained 0.54% to 21,199.5
Published 07 Sep, 2019 12:00am
Friday's early trade: Wall Street ekes out gains

Friday's early trade: Wall Street ekes out gains

US stocks edged higher on Friday as China's stimulus plan helped ease some concerns around global growth, while investors digested underwhelming jobs data that capped a week of mixed economic signals. China's central bank said it would slash the amount of
Published 07 Sep, 2019 12:00am
What trade fears? Wall Street is back in rally mode
Exchange

What trade fears? Wall Street is back in rally mode

US stocks surged on Thursday on expectations of a de-escalation in trade tensions after Washington and Beijing agreed to hold high-level talks next month, while strong US economic data eased fears of a domestic slowdown. After anxiety about a deepening tr
Published 07 Sep, 2019 12:00am
Asian shares see heavy foreign sell-off in August
Exchange

Asian shares see heavy foreign sell-off in August

Foreigners turned net sellers of Asian equities in August as sentiment worsened with the United States and China, after a brief truce, announcing new tariffs on each other. Overseas investors sold about $11.2 billion worth of regional equities last month,
Published 07 Sep, 2019 12:00am
Indian shares up

Indian shares up

Indian shares rose for a third straight session on Friday, in line with gains in broader Asia, as US-China trade tensions eased, with IT firm Tech Mahindra Ltd leading gains after scoring a deal with US telecoms firm AT&T Inc. The broader NSE index was up
Published 07 Sep, 2019 12:00am
Treasury yields rise on trade hopes

Treasury yields rise on trade hopes

Treasury yields were higher on Thursday following news that the United States and China had agreed to hold trade talks in October and ahead of US employment data for August and remarks from Federal Reserve Chair Jerome Powell, both on Friday. Across matur
Published 07 Sep, 2019 12:00am
Treasury yields rise on trade hopes

Treasury yields rise on trade hopes

Treasury yields were higher on Thursday following news that the United States and China had agreed to hold trade talks in October and ahead of US employment data for August and remarks from Federal Reserve Chair Jerome Powell, both on Friday. Across matur
Published 07 Sep, 2019 12:00am
China stocks log best week since June

China stocks log best week since June

China stocks ended higher on Friday, posting their best weekly gains since late June, as Beijing vowed to further boost the economy, while Sino-US trade tensions cooled. The blue-chip CSI300 index rose 0.6%, to 3,948.51, while the Shanghai Composite Index
Published 07 Sep, 2019 12:00am
European stocks rise on China stimulus

European stocks rise on China stimulus

European markets extended gains for a third day on Friday, as China's move to boost bank lending outweighed data showing slower-than-expected US job growth and a fall in German industrial output. In a strong week for European stocks after what investors s
Published 07 Sep, 2019 12:00am
Hong Kong stocks post best week since June

Hong Kong stocks post best week since June

Hong Kong stocks closed higher on Friday, posting their best week since June after the withdrawal of a controversial extradition bill and on hopes of a de-escalation in the protracted Sino-US trade dispute. The Hang Seng index rose 0.7% to 26,690.76, whil
Published 07 Sep, 2019 12:00am
Southeast Asian stocks largely subdued

Southeast Asian stocks largely subdued

Most Southeast Asian stock markets ended slightly higher on Friday, paring most of its early gains, as investors turned cautious about concrete progress in US-China trade relations. "The ongoing Sino-US trade tension still consists of a huge unpredictabil
Published 07 Sep, 2019 12:00am
China stimulus plan lifts FTSE; G4S boosts mid-caps

China stimulus plan lifts FTSE; G4S boosts mid-caps

London's FTSE 100 rose on Friday as a new stimulus plan from China helped support sentiment after US jobs data disappointed and housebuilder Berkeley gained after pointing to robust conditions in key British markets despite Brexit uncertainties.
Published 07 Sep, 2019 12:00am
Canada jobless rate steady as election campaign nears

Canada jobless rate steady as election campaign nears

Canada added 81,000 jobs in August after months of stagnant employment growth, the government reported Friday, days before the kickoff of election campaigning. But the unemployment rate held steady at 5.7 percent as more people entered the labor force in
Published 07 Sep, 2019 12:00am
ExxonMobil to divest Norwegian assets for $4.2 billion

ExxonMobil to divest Norwegian assets for $4.2 billion

US energy giant ExxonMobil will sell its assets in Norway to Norwegian company Var Energi, owned by Italian Eni, for 38 billion Norwegian kroner ($4.2 billion or 3.8 billion euros), the newspaper Dagens Naeringsliv reported. According to Dagens Naeringsli
Published 07 Sep, 2019 12:00am
Fitch downgrades Hong Kong
Currency

Fitch downgrades Hong Kong

Hong Kong's reputation as a dependable financial hub took a hit on Friday after Fitch downgraded the city's sovereign rating, citing ongoing protests and uncertainty caused by closer integration with the Chinese mainland. Millions of pro-democracy support
Published 07 Sep, 2019 12:00am
Fitch downgrades Hong Kong
Currency

Fitch downgrades Hong Kong

Hong Kong's reputation as a dependable financial hub took a hit on Friday after Fitch downgraded the city's sovereign rating, citing ongoing protests and uncertainty caused by closer integration with the Chinese mainland. Millions of pro-democracy support
Published 07 Sep, 2019 12:00am
France urges Germany to step up eurozone investments

France urges Germany to step up eurozone investments

France's finance minister reiterated his call Friday for Germany and other eurozone states running budget surpluses to step up investments in the bloc to counter economic sluggishness "that's bad for everyone." "Countries whose budgets offer room for mano
Published 07 Sep, 2019 12:00am
Thailand unveils 'relocation package' to draw firms

Thailand unveils 'relocation package' to draw firms

Thailand announced a relocation package on Friday to attract foreign companies looking to moved production due to intensifying Sino-US trade tensions, seeking to compete with Vietnam to lure manufacturers hit by tariffs. The Thai government seeks to boost
Published 07 Sep, 2019 12:00am
China 'eating the tariffs,' Trump says ahead of talks

China 'eating the tariffs,' Trump says ahead of talks

US President Donald Trump on Friday said the costs of his protracted trade war were falling squarely on China. Top-level negotiators are due to gather in Washington early next month while lower-level staff will meet in late September, according to officia
Published 07 Sep, 2019 12:00am
Alibaba buys NetEase's import e-commerce unit for $2 billion

Alibaba buys NetEase's import e-commerce unit for $2 billion

Alibaba Group has bought the e-commerce platform of NetEase for about $2 billion and will participate in a $700 million investment in NetEase's music streaming service, the two Chinese firms said on Friday. The move will see e-commerce titan Alibaba take
Published 07 Sep, 2019 12:00am
US hiring cools; wages, hours offer silver lining

US hiring cools; wages, hours offer silver lining

US job growth slowed more than expected in August, with retail hiring declining for a seventh straight month, but strong wage gains should support consumer spending and keep the economy expanding moderately amid rising threats from trade tensions. The Lab
Published 07 Sep, 2019 12:00am
Record-chasing Serena to meet Andreescu in final

Record-chasing Serena to meet Andreescu in final

Serena Williams will face Canadian teenager Bianca Andreescu for the US Open title as the American set herself up for another attempt to clinch a record-equaling 24th Grand Slam singles title.
Published 07 Sep, 2019 12:00am
Rashid's all-round show puts Afghanistan on top

Rashid's all-round show puts Afghanistan on top

Spin sensation Rashid Khan starred with bat and ball on Friday as Afghanistan took command in the one-off Test against Bangladesh in Chittagong. Rashid hit 51 off 61 balls to take Afghanistan to 342 in their first innings and then claimed 4-47 to leave Ba
Published 07 Sep, 2019 12:00am
Ronaldo on $139m Nike deal: Football Leaks

Ronaldo on $139m Nike deal: Football Leaks

Five-time Ballon d'Or winner Cristiano Ronaldo will earn 162 million euros ($139 million) from his contract with Nike, documents in the latest Football Leaks revelation carried by Der Spiegel magazine showed on Friday. His most recent deal, which is to ru
Published 07 Sep, 2019 12:00am
Malinga sets record as Sri Lanka post consolation win

Malinga sets record as Sri Lanka post consolation win

Lasith Malinga claimed four wickets in four balls for the second time in his career to lead Sri Lanka to a 37-run consolation win over New Zealand in the third Twenty20 international on Friday.
Published 07 Sep, 2019 12:00am
PCB rolls out clear pathway for next generation cricketers

PCB rolls out clear pathway for next generation cricketers

Apart from enhancing the quality at the first-class level, one of the primary objectives of reforming the domestic cricket structure is to maximise utilisation of the abundance of cricketing talent in the country.
Published 07 Sep, 2019 12:00am
Hazlewood strengthens Australia's grip

Hazlewood strengthens Australia's grip

Josh Hazlewood strengthened Australia's grip on the fourth Test at Old Trafford with a trio of England wickets late on Friday's third day. England were 200-5 when bad light ended play shortly before the scheduled close, still 297 behind Australia's imposi
Published 07 Sep, 2019 12:00am
Dollar takes an edge on peers in Asia
Currency

Dollar takes an edge on peers in Asia

Upbeat US economic data gave the dollar an edge over its peers on Friday, arresting a recent flight from the greenback while also supporting Asian currencies as investors toned down their recent gloom over the global economy. Separate surveys suggested th
Published 07 Sep, 2019 12:00am
Risky currencies, Aussie surge in Europe
Currency

Risky currencies, Aussie surge in Europe

Risky currencies including the Australian dollar surged on Friday after China's central bank cut the amount of cash that banks must hold as reserves, with markets also expecting the European Central Bank to unveil more stimulus next week. The People's Ban
Published 07 Sep, 2019 12:00am
Yen falls, sterling rises in New York
Currency

Yen falls, sterling rises in New York

The yen slipped on Thursday as global tensions including the US-China trade conflict showed signs of thawing, bolstering investor confidence and reducing demand for safe-haven currencies. The pound rose to its highest level against the dollar in more than
Published 07 Sep, 2019 12:00am
Aussie, kiwi set for strong weekly gains
Currency

Aussie, kiwi set for strong weekly gains

The Australian dollar hovered near a one-month high on Friday while its New Zealand cousin held on to recent gains as positive US data and some optimism on coming Sino-US trade talks lured investors into risk assets. Safe haven Australian and New Zealand
Published 07 Sep, 2019 12:00am
Most emerging Asian units set for weekly gains
Currency

Most emerging Asian units set for weekly gains

Most emerging Asian units rose on Friday, as Sino-US trade tensions dialled down and robust US economic data spurred investors' appetite for riskier assets. Sentiment rose after the United States and China agreed to hold official trade talks in October, w
Published 07 Sep, 2019 12:00am
Sterling traders eye vote on early election after big rebound
Currency

Sterling traders eye vote on early election after big rebound

The British pound edged lower on Friday after a tumultuous week in which it plunged to three-year lows before rebounding strongly as lawmakers voted to block a no-deal Brexit, making a snap election more likely. The British parliament's upper chamber on F
Published 07 Sep, 2019 12:00am
South Africa's rand rallies

South Africa's rand rallies

South Africa's rand rallied more than one percent on Friday to a new one month high with momentum reignited by a subdued jobs report from the United States that dragged down the dollar. At 1515 GMT the rand was 1.06% firmer at 14.7275 per dollar, its best
Published 07 Sep, 2019 12:00am
Ethiopia invites public to visit infamous torture facility

Ethiopia invites public to visit infamous torture facility

Ethiopia on Friday invited members of the public to tour a notorious detention facility where high-profile political prisoners once endured abusive interrogations, weeks of solitary confinement and other forms of torture. The opening of the facility - kno
Published 07 Sep, 2019 12:00am
Russian election chief attacked ahead of polls

Russian election chief attacked ahead of polls

The head of Russia's central election committee was attacked at night by a masked assailant who climbed into her house and hit her with a taser, Russian police said Friday. The attack on 65-year-old Ella Pamfilova, at around 1:30 am (Thursday 2330 GMT) ca
Published 07 Sep, 2019 12:00am
HK protesters reject leader's concession with new rallies

HK protesters reject leader's concession with new rallies

Thousands of Hong Kongers held rallies on Friday night, rejecting calls by the city's pro-Beijing leader to end their movement as the finance hub braces for another weekend of clashes, including a plan to disrupt the airport.
Published 07 Sep, 2019 12:00am
Merkel in Beijing says HK freedoms must be 'guaranteed'

Merkel in Beijing says HK freedoms must be 'guaranteed'

German Chancellor Angela Merkel said Friday the rights and freedoms of people in Hong Kong "must be guaranteed" after meeting with Chinese Premier Li Keqiang in Beijing. Hong Kong has been plunged into months of pro-democracy protests, and ahead of her th
Published 07 Sep, 2019 12:00am
US states launch antitrust probe of Facebook

US states launch antitrust probe of Facebook

A coalition of US states announced Friday an antitrust investigation of Facebook, in the first of what is expected to be a wave of action against dominant technology firms. New York state Attorney General Letitia James released a statement announcing the
Published 07 Sep, 2019 12:00am
Ex N Korea prisoner says he was CIA spy: German media

Ex N Korea prisoner says he was CIA spy: German media

A former prisoner in North Korea has told German media that he used to spy for the CIA, seeking out nuclear secrets and taking pictures with a concealed wristwatch camera. In a TV report by public broadcaster NDR, South Korean-born US citizen Kim Dong-chu
Published 07 Sep, 2019 12:00am
Pompeo presses Europeans after Iran curbs N-promises

Pompeo presses Europeans after Iran curbs N-promises

US Secretary of State Mike Pompeo on Friday pressed European nations to stop Iran's "extortion" after Tehran again reduced its commitments under a nuclear deal in response to US sanctions. "We are confident that the UK, France and Germany - indeed, all ci
Published 07 Sep, 2019 12:00am
Cotton falls as mixed export sales fails to lift demand woes
Cotton

Cotton falls as mixed export sales fails to lift demand woes

ICE cotton futures fell nearly 1% on Friday, hurt by uninspiring export sales data and as investors used small gains to sell the natural fiber, which has been hit by lack of demand. Cotton contracts for December settled down 0.54 cent, or 0.91 %, at 58.58
Published 07 Sep, 2019 12:00am
Copper falls despite China boost lending
Exchange

Copper falls despite China boost lending

Copper failed to respond positively on Friday to China boosting bank lending because the trade dispute between the biggest metals consumer and the United States still weighed on the market. China's central bank said it was cutting the amount of cash that
Published 07 Sep, 2019 12:00am
Oil jumps after Fed says it will act to sustain US growth

Oil jumps after Fed says it will act to sustain US growth

Oil prices rose above $61 a barrel on Friday after the head of the US Federal Reserve said the central bank will act "as appropriate" to sustain an economic expansion in the world's biggest economy that has been pressured by uncertainty over global trade.
Published 07 Sep, 2019 12:00am
Palm oil reverses losses to rise
Exchange

Palm oil reverses losses to rise

Malaysian palm oil futures pared most of early losses and rose on Friday ahead of a government data release, as polls forecast inventory levels in August falling to an over one-year low. The market was down in earlier trade weighed by weakness in overnigh
Published 07 Sep, 2019 12:00am
Robusta coffee recovers from nine-year low
Currency

Robusta coffee recovers from nine-year low

Robusta coffee on ICE recovered on Friday but remained close to the previous session's nine-year low as sellers in Vietnam finally fixed prices after months of delay. November robusta coffee rose $13, or 1%, to $1,285 per tonne by 1330 GMT, after hitting
Published 07 Sep, 2019 12:00am
Gold slips in Asia

Gold slips in Asia

Gold prices remained under pressure on Friday, as robust US data encouraged a return to riskier assets and hit demand for safe-haven bullion, also sending platinum down 3%. Spot gold was down 0.6% to $1,509.41 per ounce as of 0709 GMT, after shedding 1% t
Published 07 Sep, 2019 12:00am
Gold rises in Europe

Gold rises in Europe

Gold turned positive on Friday, after falling as much as 1% earlier, as a weaker-than-expected US nonfarm payrolls report weighed on the dollar and increased appetite for safe-haven bullion, putting it on course for a weekly gain. Spot gold was up 0.1% to
Published 07 Sep, 2019 12:00am
US MIDDAY: corn hits contract lows

US MIDDAY: corn hits contract lows

US corn futures fell to life-of-contract lows on Friday, pressured by disappointing weekly US export data and forecasts for benign weather in the heart of the Midwest crop belt, analysts said. Wheat futures followed corn lower and soyabeans turned down, r
Published 07 Sep, 2019 12:00am
US midday: gold falls

US midday: gold falls

Gold fell 1% on Friday as upbeat remarks from Federal Reserve Chair Jerome Powell and improved risk appetite offset a weaker-than-expected US nonfarm payrolls report, putting bullion on track for a second straight weekly loss. The US Labour Department's m
Published 07 Sep, 2019 12:00am
NAB to file corruption reference against Sharjeel, others

NAB to file corruption reference against Sharjeel, others

The National Accountability Bureau (NAB) on Friday decided to file a corruption reference against former information minister Sindh Sharjeel Inam Memon on the allegations of having assets beyond known sources of income, besides initiating corruption inqui
Published 07 Sep, 2019 12:00am
S Asia can't have peace without resolving Kashmir issue: Firdous

S Asia can't have peace without resolving Kashmir issue: Firdous

Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan on Friday said the dream of permanent peace in South Asia could not be achieved without resolving the Kashmir issue in accordance with the United Nations Securit
Published 07 Sep, 2019 12:00am
Removal of name from ECL: IHC turns down Raja Ashraf's petition

Removal of name from ECL: IHC turns down Raja Ashraf's petition

Islamabad High Court (IHC) Friday turned down former prime minister Raja Pervez Ashraf's petition seeking removal of his name from the Exit Control List (ECL). A division bench of IHC comprising Chief Justice Athar Minallah and Justice Mohsin Akhtar Kayan
Published 07 Sep, 2019 12:00am
Eight pupils killed as truck hits rickshaw in Zafarwal

Eight pupils killed as truck hits rickshaw in Zafarwal

At least eight students including rickshaw driver were killed and three others critical injured when a truck loaded with gravel overturned and falls on a rickshaw near Shakerghar road Zafarwal tehsil of Narowal district on early Friday morning. According
Published 07 Sep, 2019 12:00am
Solidarity with Kashmiris Rally held to mark Defence Day

Solidarity with Kashmiris Rally held to mark Defence Day

The people from different walks of life staged a rally here on Friday to commemorate the Defense Day and to express solidarity with the people of Indian-occupied Kashmir (IOK) against the Indian atrocities. A number of people gathered at D-Chowk holding P
Published 07 Sep, 2019 12:00am
Nepra holds KE responsible for 19 deaths

Nepra holds KE responsible for 19 deaths

National Electric Power Regulatory Authority (Nepra) has held K-Electric responsible for at least 19 deaths due to electrocution and breakdown in power supply during recent torrential rains. A four-member team of Nepra visited Karachi which has submitted
Published 07 Sep, 2019 12:00am
UET VC satisfied over security steps in hostels

UET VC satisfied over security steps in hostels

The Vice Chancellor, University of Engineering and Technology, Peshawar, Professor Dr Iftikhar Hussain on Friday expressed satisfaction over security measures with insulation of CCTVs and introducing bio-metric system to ensure security and completing the
Published 07 Sep, 2019 12:00am
NBP launches tree plantation drive at BZU Multan

NBP launches tree plantation drive at BZU Multan

Further to Prime Minister of Pakistan's vision of a "Clean and Green Pakistan", National Bank of Pakistan (NBP) has taken this drive to South Punjab as part of its resolve to support the same and reiterate the Corporate Social Responsibility. National Ban
Published 07 Sep, 2019 12:00am
Islamabad Police conduct flag march

Islamabad Police conduct flag march

Islamabad Police Friday conducted flag march with an aim to maintain peace and tranquility in the city during Muharram-ul-Haram. On the orders of Inspector General of Police Islamabad, Muhammad Aamir Zulfiqar Khan, DIG (Operations) Waqar Uddin Syed prepar
Published 07 Sep, 2019 12:00am
Three burnt alive in road mishap

Three burnt alive in road mishap

At least three persons were burnt alive and several other were wounded when a van collided with an oil tanker in Quetta on late Thursday night. According to details, the accident occurred at the Saryab Road in Quetta when a van hit an oil tanker. Fire bro
Published 07 Sep, 2019 12:00am
KU observes Defence Day as Kashmir Solidarity Day

KU observes Defence Day as Kashmir Solidarity Day

The University of Karachi (KU) on Friday paid rich tributes to the civilian and armed forces martyrs, who sacrificed their valuable lives, to protect the motherland and also expressed solidarity with the people of Kashmir. A special seminar was arranged t
Published 07 Sep, 2019 12:00am
Nation stands united with Kashmiris: Saeed Ghani

Nation stands united with Kashmiris: Saeed Ghani

The whole nation of country stands with the Armed Forces, Police and we are united to express solidarity with Martyrs, Ghazis on this Defence Day celebrated as Kashmir Solidarity Day to extend support to the Shuhada and Kashmiris. Saeed Ghani said that ou
Published 07 Sep, 2019 12:00am
MCC East witnesses 65 percent decline in revenue collection

MCC East witnesses 65 percent decline in revenue collection

Model Customs Collectorate (MCC), Appraisement East has witnessed 65 percent decline in overall revenue collection made in Aug 2019 as compared to last corresponding month. The department has collected Rs 894 million on account of customs duty in Aug 2019
Published 07 Sep, 2019 12:00am
IFA 2019 in Berlin LG & Studio Fuksas to present Infinity next month

IFA 2019 in Berlin LG & Studio Fuksas to present Infinity next month

To give due credit to the importance of design in the creation and evolution of LG SIGNATURE, LG and international architectural firm Studio Fuksas have teamed up to present Infinity at next month's IFA 2019 in Berlin. The Infinity installation in LG's st
Published 07 Sep, 2019 12:00am
'Latest irrigation system may help growers'

'Latest irrigation system may help growers'

Additional Secretary Agriculture (Planning) Ubaid Ullah has said that latest irrigation system can help the growers to timely provide water and fertilizer to its crop according to the need while in conventional method it is not possible. This is why the p
Published 07 Sep, 2019 12:00am
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