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Print - 2019-10-14
Are US-Chinese tariffs on almost everything the 'new normal'?
Articles

Are US-Chinese tariffs on almost everything the 'new normal'?

US President Donald Trump called his Phase 1 trade deal with China "by far, the greatest and biggest deal ever made," even though nothing was agreed on paper, and most of the tariffs set upon Chinese goods remain in place. While he lauded China for agreei
Updated 15 Oct, 2019 11:55am
The Weather
General News

The Weather

The weather report on Sunday (October 13, 2019) and the forecast for Monday (October 14, 2019).

Updated 14 Oct, 2019 06:08am
Your rupee last week
Rates

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (October 7 to 11, 2019).

Published 14 Oct, 2019 12:00am
Paramount Books (Pvt) Limited

Paramount Books (Pvt) Limited

Seventy years earlier, it was all started with a small dream initiated from the hometown. And today, Paramount has risen above the horizon in this book trading business. It has flourished so vigorously that it has spread its roots nationwide with an organ
Published 14 Oct, 2019 12:00am
PUKBC's Introduction, Achievements and Initiatives

PUKBC's Introduction, Achievements and Initiatives

"PAK UK BUSINESS COUNCIL - PUKBC" (officially registered under Federation of Pakistan Chambers of Commerce and Industry) has elected a dynamic board of directors, placing extreme importance on improving trade and business ties between Pakistan and United
Published 14 Oct, 2019 12:00am
'Best ever' Biles hails record 25 world medals
Other

'Best ever' Biles hails record 25 world medals

US gymnastics star Simone Biles won her fifth gold medal in the women's floor final Sunday to conclude her "best ever" world championships and take her career record to 25 medals. Biles, who won the beam title earlier in the day, also claimed an unrivalle
Updated 14 Oct, 2019 05:21am
Saudi football team makes first West Bank visit
Other

Saudi football team makes first West Bank visit

Saudi Arabia's national football team arrived in the Israeli-occupied West Bank on Sunday, on a groundbreaking visit to play against Palestine on Tuesday. The game will be played in the West Bank town of Al-Ram, between Ramallah and Jerusalem, and marks a
Updated 14 Oct, 2019 05:19am
India record 11th-straight Test series win
Other

India record 11th-straight Test series win

Umesh Yadav led an inspired bowling display as India thrashed South Africa by an innings and 137 runs in the second Test to clinch a record 11th-straight series triumph at home on Sunday. The tourists were dismissed for 189 after following-on in the final
Updated 14 Oct, 2019 05:17am
Pakistan overpower Colombia in Socca Cup warm-up
Football

Pakistan overpower Colombia in Socca Cup warm-up

Pakistan socca team recorded a 2-1 victory against their counterparts from Colombia in a Socca World Cup warm-up game in Crete, Greece. According to information made available here, Gohar Zaman and Mohammad Waheed scored one goal each to give Pakistan an
Updated 14 Oct, 2019 07:53am
Argentina hit Ecuador for six in friendly
Other

Argentina hit Ecuador for six in friendly

Argentina thumped Ecuador 6-1 in a friendly in Spain on Sunday, making light of the continued absence of Lionel Messi and a number of other top stars. The comfortable win came despite Messi being suspended until November for his anti-CONMEBOL outburst dur
Published 14 Oct, 2019 12:00am
Chitral team wins Corps Commander Polo trophy
Other

Chitral team wins Corps Commander Polo trophy

The spectators were treated to a fine brand of polo during a Corps Commander Polo exhibition match played between Chitral and Gilgit Baltistan (GB) teams at Peshawar Garrison Polo Ground. Governor KP Shah Farman was the chief guest on the occasion. The ma
Published 14 Oct, 2019 12:00am
Medvedev thumps Zverev to win Shanghai Masters title
Other

Medvedev thumps Zverev to win Shanghai Masters title

Daniil Medvedev won his fourth title of a spectacular year with a thumping 6-4, 6-1 victory over Alexander Zverev in the Shanghai Masters final on Sunday. Victory for the 23-year-old Russian, contesting a sixth final in a row, was more evidence that he is
Published 14 Oct, 2019 12:00am
History-makers Japan floor Scots to reach World Cup quarters
Other

History-makers Japan floor Scots to reach World Cup quarters

Japan's "Ferraris" hit top gear Sunday as the hosts beat Scotland 28-21 in a barnstorming Rugby World Cup clash to create history by reaching the quarter-finals. Rampaging wingers Kotaro Matsushima and Kenki Fukuoka did the damage for Japan, who survived
Published 14 Oct, 2019 12:00am
Teenage star Gauff wins first WTA title
Other

Teenage star Gauff wins first WTA title

Teenage prodigy Coco Gauff won her first WTA title on Sunday following a 6-3, 1-6, 6-2 victory over Jelena Ostapenko in the final in Linz that saw her hold her first trophy aloft aged 15. Gauff, who only entered the field as a lucky loser after failing to
Published 14 Oct, 2019 12:00am
Russia book Euro 2020 spot as Netherlands edge closer to finals
Other

Russia book Euro 2020 spot as Netherlands edge closer to finals

Russia eased to a 5-0 thrashing of ten-man Cyprus on Sunday to become the third team to secure a place at Euro 2020, while Georginio Wijnaldum scored twice as the Netherlands beat Belarus. Stanislav Cherchesov's Russia, who reached the World Cup quarter-f
Published 14 Oct, 2019 12:00am
Kenya's Kosgei shatters Radcliffe world record in Chicago Marathon
Other

Kenya's Kosgei shatters Radcliffe world record in Chicago Marathon

Kenya's Brigid Kosgei shattered Paula Radcliffe's 16-year-old women's marathon world record Sunday, winning the Chicago Marathon in two hours, 14 minutes and four seconds. Kosgei broke the mark of 2:15:25 set by Radcliffe in the London Marathon on April 1
Updated 14 Oct, 2019 07:04am
Healthier diet may help lift depression symptoms
General News

Healthier diet may help lift depression symptoms

Young adults who eat poorly and feel blue might be able to perk themselves up by switching to a healthier diet, a small study suggests. In a randomized trial, men and women aged 17-35 in Australia who switched to a healthier diet had fewer depression symp
Updated 14 Oct, 2019 06:08am
Unpredictable income may be bad for brain health
General News

Unpredictable income may be bad for brain health

Young adults who don't earn the same amount of money from year to year, or who weather substantial pay cuts, do worse on brain health assessments in midlife compared to those with steady income, a recent study suggests.
Updated 14 Oct, 2019 06:20am
Facebook plugs booming business version into Portal
IT & Computers

Facebook plugs booming business version into Portal

Facebook said October 8 its Portal smart screens would be incorporated in its Workplace social network for businesses, which has grown to more than three million paid users.
Updated 14 Oct, 2019 06:12am
First NTT's Ultra Reality Viewing technology in US
IT & Computers

First NTT's Ultra Reality Viewing technology in US

NTT, a global technology and business solutions leader, and Major League Baseball (MLB) Monday successfully conducted a Proof of Concept (PoC) with NTT's Ultra Reality Viewing technology (URV) as part of their recently announced multi-year technology agre
Updated 14 Oct, 2019 06:13am
British Airways launches new Turkish route after Thomas Cook collapse
Global Business Economy

British Airways launches new Turkish route after Thomas Cook collapse

British Airways announced the launch of a new flight from London's Gatwick Airport to the Turkish resort of Antalya on Wednesday, once one of Thomas Cook's most popular routes, as airlines jostle to fill the void left by its collapse. British Airways, own
Updated 14 Oct, 2019 06:01am
HK bourse scraps $39 billion play for LSE
Stocks

HK bourse scraps $39 billion play for LSE

Hong Kong's bourse on Tuesday dropped its unsolicited $39 billion bid for London Stock Exchange Group (LSE), conceding it hadn't won over LSE management for a move that could have transformed both global financial services businesses. The surprise approac
Updated 14 Oct, 2019 06:20am
Vodafone to close more than 1,000 stores
Telecommunication

Vodafone to close more than 1,000 stores

Vodafone will shut 15% of its 7,700 stores and upgrade some of the remaining outlets as customers buy more online and change their expectations of in-store shopping, chief executive Nick Read said on Tuesday. The group will overhaul its store estate using
Updated 14 Oct, 2019 07:08am
BP says taking $2-3 billion hit on asset disposals
Energy

BP says taking $2-3 billion hit on asset disposals

British energy major BP said on Friday that it will take a charge of $2-3 billion (1.8-2.7 billion euros) on the back of major asset sales including its Alaska division. The company said in a statement that it would take the hit in its third-quarter earni
Updated 14 Oct, 2019 06:56am
Nissan pins revival hopes on 'foreigner with a Japanese face'
Global Business Economy

Nissan pins revival hopes on 'foreigner with a Japanese face'

Nissan Motor Co named the head of its Chinese business as its next CEO on Tuesday, picking an executive known for close ties to top shareholder Renault and for a frank, straight-talking manner that has marked him as an outsider. By selecting Senior Vice P
Updated 14 Oct, 2019 06:01am
Facebook researchers use maths for better translations
IT & Computers

Facebook researchers use maths for better translations

Designers of machine translation tools still mostly rely on dictionaries to make a foreign language understandable. But now there is a new way: numbers. Facebook researchers say rendering words into figures and exploiting mathematical similarities between
Updated 14 Oct, 2019 08:06am
Property investors turn to Southeast Asia amid Hong Kong unrest
Global Business Economy

Property investors turn to Southeast Asia amid Hong Kong unrest

From luxury Singapore apartments to Malaysian seafront condos, Hong Kong investors are shifting cash into Southeast Asian property, demoralised by increasingly violent protests as well as the China-US trade war. Millions have taken to the streets during f
Updated 14 Oct, 2019 06:01am
ECB's Holzmann calls current monetary policy 'wrong'
Money & Banking

ECB's Holzmann calls current monetary policy 'wrong'

New Austrian National Bank Governor Robert Holzmann sharply criticized the European Central Bank's ultra-easy monetary policy in an interview on Sunday and said he hoped for a new course under incoming chief Christine Lagarde. Holzmann took over as govern
Updated 14 Oct, 2019 06:50am
Egypt cuts stock exchange fees in bid to boost investments
Stocks

Egypt cuts stock exchange fees in bid to boost investments

The Egyptian Financial Regulatory Authority (FRA) said on Sunday it had approved lowering stock exchange trading fees to encourage investment and competitiveness with other regional markets. The decision will now be sent to the cabinet for final approval,
Updated 14 Oct, 2019 06:48am
Iran discovers gas field near Gulf
Energy

Iran discovers gas field near Gulf

Iran has discovered a gas field near the Gulf with enough reserves to supply the capital for 16 years, state media reported on Sunday. The Eram field contained 19 trillion cubic feet (538 billion cubic metres) of natural gas, the National Iranian Oil Comp
Updated 14 Oct, 2019 06:50am
Hundreds of Algerians protest against proposed energy law
Energy

Hundreds of Algerians protest against proposed energy law

Hundreds of Algerians protested in front of parliament on Sunday against proposed changes to the energy law that they say the caretaker government has no right to pass. The draft law was agreed by the cabinet on Sunday, interim president Abdelkader Bensal
Updated 14 Oct, 2019 06:48am
Trump puts squeeze on Spanish olive oil producers

Trump puts squeeze on Spanish olive oil producers

Farmers had just begun harvesting olives in southern Spain when US President Donald Trump soured the mood with the announcement that Washington would slap hefty tariffs on their produce. "We are really worried," said Carlos Carreira at his 130 hectare (32
Published 14 Oct, 2019 12:00am
Saudi Arabia opens tourist visas to US, European visa holders
Global Business Economy

Saudi Arabia opens tourist visas to US, European visa holders

Tourist visas for Saudi Arabia are now available online and on arrival to holidaymakers who already hold a visa from the United States, Britain or the EU's Schengen zone, expanding eligibility beyond an initial list of 49 countries. The conservative Musli
Updated 14 Oct, 2019 06:00am
Saudi Arabia opens new logistics zone in Jeddah, eyes private investors
Global Business Economy

Saudi Arabia opens new logistics zone in Jeddah, eyes private investors

Saudi Arabia launched on Sunday a new logistics zone open to private investors in the Red Sea port city of Jeddah, as part of a wider industrial initiative to diversify the economy away from oil and create jobs for Saudis. The al Khomra zone - which will
Updated 14 Oct, 2019 06:32am
What Brexit? London tightens grip in forex trading
Money & Banking

What Brexit? London tightens grip in forex trading

Financial analytics firm Mosaic Smart Data has doubled the number of developers and quantitative analysts it employs since 2018 at its London base, where nearly 40 now crunch numbers to help banks trade foreign exchange and bonds. Far from suffering under
Updated 14 Oct, 2019 06:51am
Torrent of rate cuts to yank down Asian bond yields
Money & Banking

Torrent of rate cuts to yank down Asian bond yields

Sovereign bond yields across most major emerging Asian economies will slip in the months ahead as all central banks across the region are expected to cut interest rates further to nurse their economies back to health, a Reuters poll showed. A sharp slowdo
Updated 14 Oct, 2019 06:51am
Torrent of rate cuts to yank down Asian bond yields
Stocks

Torrent of rate cuts to yank down Asian bond yields

Sovereign bond yields across most major emerging Asian economies will slip in the months ahead as all central banks across the region are expected to cut interest rates further to nurse their economies back to health, a Reuters poll showed. A sharp slowdo
Updated 14 Oct, 2019 06:51am
Saudi stocks fall as most of Gulf markets rise
Stocks

Saudi stocks fall as most of Gulf markets rise

Saudi Arabian stocks fell on Sunday led by banks, while most Gulf markets gained, mirroring Friday's surge in global peers after talks between the United States and China progressed towards a resolution of their trade war. Saudi Arabia's index retreated 0
Updated 14 Oct, 2019 06:51am
Analysts keep faith in Canadian dollar
Money & Banking

Analysts keep faith in Canadian dollar

The Canadian dollar will gain ground against its US counterpart over the coming year, supported by strengthening of the domestic economy and a narrower gap between Canadian and US interest rates, a Reuters poll predicted. Friday's poll of nearly 50 curren
Updated 14 Oct, 2019 06:58am
China's Topsports raises $1.01 billion in Hong Kong IPO
Global Business Economy

China's Topsports raises $1.01 billion in Hong Kong IPO

Chinese sportswear manufacturer Topsports International Holdings Ltd has raised $1.01 billion after pricing its shares at HK$8.50 in a Hong Kong initial public offering (IPO), a term sheet for the deal showed on Thursday. The stock priced toward the lower
Updated 14 Oct, 2019 06:32am
China's Topsports raises $1.01 billion in Hong Kong IPO
Companies

China's Topsports raises $1.01 billion in Hong Kong IPO

Chinese sportswear manufacturer Topsports International Holdings Ltd has raised $1.01 billion after pricing its shares at HK$8.50 in a Hong Kong initial public offering (IPO), a term sheet for the deal showed on Thursday. The stock priced toward the lower
Updated 14 Oct, 2019 07:02am
Trudeau wears bulletproof vest at Canada rally
General News

Trudeau wears bulletproof vest at Canada rally

Canadian leader Justin Trudeau wore a bulletproof vest and was surrounded by heavy security during an election campaign rally after receiving a security threat, sources told the national broadcaster. Trudeau had body armor under his shirt and jacket, phot
Updated 14 Oct, 2019 07:00am
Multiple arrests in Hong Kong
General News

Multiple arrests in Hong Kong

Riot police clashed with anti-government protesters across Hong Kong Sunday as masked activists vandalised businesses deemed sympathetic to Beijing in another weekend of chaos in the financial hub. Rallies erupted in multiple neighbourhoods, with some pro
Updated 14 Oct, 2019 07:00am
Iran drops death row charge for environmentalists
General News

Iran drops death row charge for environmentalists

Four detained Iranian environmental activists have been cleared of a charge that could carry the death penalty, state news agency IRNA reported on Sunday. "The charge of 'corruption on earth' was dropped in recent days for four detained environmentalists,
Updated 14 Oct, 2019 07:01am
Academic wins Tunisia presidential poll by a landslide
General News

Academic wins Tunisia presidential poll by a landslide

Conservative academic Kais Saied Sunday won a landslide victory in Tunisia's presidential runoff, sweeping aside his rival, media magnate Nabil Karoui, state television Wataniya said. It said he scooped almost 77 percent of the vote, compared to 23 percen
Updated 14 Oct, 2019 07:01am
At least 26 dead as Typhoon Hagibis slams Japan
General News

At least 26 dead as Typhoon Hagibis slams Japan

Tens of thousands of rescuers were working through Sunday night to reach people feared trapped in Japan by landslides and floods caused by a powerful typhoon that killed at least 26, officials and local media said. Typhoon Hagibis moved away from land on
Updated 14 Oct, 2019 07:02am
Cargo ship runs aground
Global Business Economy

Cargo ship runs aground

A 90-metre (295-foot) cargo ship ran aground Sunday in a pristine marine reserve in the Strait of Bonaficio off the French Mediterranean island of Corsica, but no oil appears to have been spilled, maritime police said. The Rhodanus, transporting 2,650 ton
Updated 14 Oct, 2019 06:32am
Southern California blazes show signs of slowing
General News

Southern California blazes show signs of slowing

Wildfires raging across southern California showed signs of slowing Sunday, as firefighters contained nearly half of the biggest blaze. A fire that had burned rapidly through the San Fernando Valley in greater Los Angeles was the strongest of several acro
Updated 14 Oct, 2019 07:42am
Macron, Merkel call for end to Turkish offensive in Syria
General News

Macron, Merkel call for end to Turkish offensive in Syria

The leaders of France and Germany called Sunday for an end to Turkey's offensive against Kurds in northern Syria, warning of dire humanitarian consequences and a boost for the Islamic State group. Emmanuel Macron hosted Angela Merkel in Paris for a workin
Updated 14 Oct, 2019 07:42am
Italy backs EU ban on arms sales to Turkey
General News

Italy backs EU ban on arms sales to Turkey

Italian Prime Minister Giuseppe Conte said Sunday he would press for an EU ban on arms sales to Turkey, as Ankara pressed its attack on Kurdish forces in northern Syria. Conte was speaking ahead of a meeting in Luxembourg Monday of the European Union's fo
Updated 14 Oct, 2019 07:43am
Turkey and proxies advance deep into Syria
General News

Turkey and proxies advance deep into Syria

Turkish forces and their proxies pushed deep into Syria on Sunday, moving closer to completing their assault's initial phase, while Washington announced it was pulling out 1,000 troops from the country's north. The Kurdish administration in northern Syria
Updated 14 Oct, 2019 07:44am
WEEKLY COTTON REVIEW: rate remains stable, trading volume increases
Cotton & Textile

WEEKLY COTTON REVIEW: rate remains stable, trading volume increases

The rate of cotton remained stable. The trading volume increased. Due to low cotton production it is expected that 50 lac bales of worth 1.50 billion dollars will be imported. Up till now import agreements of 20 lac bales have been signed. World cotton da
Updated 14 Oct, 2019 07:44am
SCCI chief terms incentives vital for industry
Business & Economy

SCCI chief terms incentives vital for industry

Sialkot Chamber of Commerce and Industry (SCCI) president Muhammad Ashraf Malik said incentive schemes to the exporters were vital to keep the industry competitive in the international market especially considering the peculiar situation of the economy.
Published 14 Oct, 2019 12:00am
Parliamentary team attends IPU Assembly in Belgrade
General News

Parliamentary team attends IPU Assembly in Belgrade

Speaker National Assembly Asad Qaiser Sunday left Istanbul for Belgrade, Serbia to attend the 141st Assembly of the Inter-parliamentary Union (IPU). The IPU Assembly will take place in Belgrade, the capital city of Serbia, on 13-17 October 2019. The Speak
Published 14 Oct, 2019 12:00am
KP to impose excise duty on minerals
Taxes

KP to impose excise duty on minerals

The government of Khyber Pakhtunkhwa is going to impose excise duty on certain minerals to finance measures for promoting the welfare of mines labourers. The excise duty will be levied at the rate of Rs 3 to Rs 7 per ton on 74 minerals produced in the pro
Updated 14 Oct, 2019 08:47am
Perveen Sarwar starts awareness campaign for polio, dengue
General News

Perveen Sarwar starts awareness campaign for polio, dengue

Wife of Governor Punjab Perveen Sarwar has kicked off awareness campaign for polio and dengue and arranged free medical camp for dengue effected patients. She said that more polio and dengue prevention medical camps will be arranged and awareness seminars
Published 14 Oct, 2019 12:00am
Prices of essential food items witness slight change

Prices of essential food items witness slight change

Prices of most of the essential commodities remained unchanged during last week, except a slight increase in rates of flour, sugar, fruits in proceeding week, as compared to last week, according to survey conducted by Business Recorder here on Sund
Published 14 Oct, 2019 12:00am
Fazl warns government against use of force
General News

Fazl warns government against use of force

Jamiat Ulema-e-Islam Fazl (JUI-F) chief Maulana Fazlur Rehman on Sunday warned the government to avoid use of force to create hurdles in way of Azadi March on 27 October However, the JUI-F chief assured that the march will be peaceful. The JUI-f party wor
Published 14 Oct, 2019 12:00am
PML-N asks workers to prepare for Azadi March
General News

PML-N asks workers to prepare for Azadi March

Pakistan Muslim League-N has instructed its workers to start preparations for participation in Azadi march on October 27 under the aegis of Jamiat Ulema-i-Islam (JUI-Fazl). Addressing a press conference at Peshawar Press Club here on Sunday, the PML-N pro
Published 14 Oct, 2019 12:00am
SSUET entry test
General News

SSUET entry test

Over 3,000 candidates appeared in the entry test for the Bachelor's Degree Programme in 14 disciplines at the Sir Syed University of Engineering and Technology (SSUET) for the academic year 2020, at Karachi Expo Centre.
Published 14 Oct, 2019 12:00am
Fawad urges JUI-F chief to refrain from creating chaos
General News

Fawad urges JUI-F chief to refrain from creating chaos

Federal Minister for Science and Technology Fawad Chaudhry on Sunday urged Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Fazlur Rehman to desist from creating chaos in the country. "PML-N was indulged in fighting, but now it has officially split into two groups
Published 14 Oct, 2019 12:00am
Firdous holds past rulers responsible for price hike
General News

Firdous holds past rulers responsible for price hike

Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan on Sunday said that the past rulers were responsible for making price hike in the country because of the large scale corruption and loot of national exchequer as a r
Published 14 Oct, 2019 12:00am
Over 70 percent garbage lifted, claims CM
General News

Over 70 percent garbage lifted, claims CM

Sindh Chief Minister Syed Murad Ali Shah said over 282,000 tons or around 70 percent garbage backlog has been taken away while the remaining 30 percent will be cleared by October 21. The CM stated this on Sunday while talking to the media at KDA Roundabou
Published 14 Oct, 2019 12:00am
Pakistanis holding properties in UAE
Letters

Pakistanis holding properties in UAE

FBR chairman Shabbar Zaidi's latest tweet seems to have created a considerable controversy. In other words, it has generated a new debate on PTI government's claims in relation to tax to GDP ratio in the country. He has said, "We are pleased to inform tha
Updated 14 Oct, 2019 06:11am
Down on the farm, Brexit casts its shadow
Articles

Down on the farm, Brexit casts its shadow

On the face of it, Ellie Woodcock's organic farm two hours south of London shouldn't be affected by Britain's impending departure from the European Union. "We don't export anything, so that wouldn't affect my farm. We sell very much directly to the Englis
Updated 14 Oct, 2019 06:15am
Joint television channel
Articles

Joint television channel

Voice is power. The loudest and the most repetitive voices induce influence and action. In a world spilling with messages, advertisements, breaking news, statements, the mind is overloaded with information it can barely register and hardly remember. With
Updated 14 Oct, 2019 05:34am
Over-correction is bad economics
Articles

Over-correction is bad economics

The day the Khan administration took over the reins of government on 20 August 2018 the budget deficit was under 6 percent of Gross Domestic Product (not at a danger level though it required belt tightening) while the current account deficit was a little
Updated 14 Oct, 2019 05:23am