News Archives for Print - 2019-11-23

Print - 2019-11-23

US claims 'CPEC is not about aid'

The United States on Thursday warned Pakistan that it faced long-term economic damage with little return if China keeps pursuing its giant infrastructure push.

Published 23 Nov, 2019 12:00am

IR officers posted at five sugar mills in Sindh: FBR

The Federal Board of Revenue (FBR) has posted Inland Revenue officers at the manufacturing premises of five sugar mills in Sindh to monitor their production and payment of sales tax.

Published 23 Nov, 2019 12:00am

FBR chief explains AEOs program: 'Trustworthy' business entities to be certified

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi Friday said the federal government has launched first trade facilitation program of its kind under the name and banner of "Authorized Economic Operators (AEOs)."

Published 23 Nov, 2019 12:00am

Nawaz's stay abroad will certainly go beyond four weeks?

The personal physician of Nawaz Sharif on Friday said former premier cannot recover overnight; it may take him a few months to heal.

Published 23 Nov, 2019 12:00am

Civil government expenditure reduced by Rs 9 billion in Q1: Finance Div

Finance Division has claimed that civil government expenditure has been reduced by Rs 9 billion in the first quarter of the current fiscal year (2019-20) as compared to the same period of the last fiscal year (2018-19).

Published 23 Nov, 2019 12:00am

'Ease of living' of common man in focus: PM

Prime Minister Imran Khan Friday said that with the current account deficit turned into surplus and fiscal deficit into primary surplus, Pakistan's economy has finally been put into right direction.

Published 23 Nov, 2019 12:00am

Stocks

PSX stages smart recovery: BRIndex100 rallies

Pakistan Stock Exchange Friday witnessed a bullish trend on the back of healthy buying at attractive levels in almost all sectors.

Published 23 Nov, 2019 12:00am

In first big speech, Lagarde tells Europe to 'innovate and invest'

Christine Lagarde on Friday urged European countries to "innovate and invest" more to support growth at a time of global uncertainty, in her first major policy speech as president of the European Central Bank.

Published 23 Nov, 2019 12:00am

Officials of Moody's, Fitch make visit

Moody's and Fitch officials recently visited Islamabad and held detailed discussions with the Ministry of Finance officials for 2019-20 sovereign rating as rating exercise is going on.

Published 23 Nov, 2019 12:00am

LSM witnesses 5.91pc decline in Q1

The country's Large Scale Manufacturing (LSM) witnessed a decline of 5.91 percent during the first three months of the current financial year from 134.24 points in 2018-19 to 126.31 points in 2019-20, said Pakistan Bureau of Statistic (PBS) on Friday.

Published 23 Nov, 2019 12:00am

SBP holds policy rate at 13.25 percent

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to leave the policy rate unchanged at 13.25 percent for next two months as recent developments offsetting implications for the inflation outlook.

Published 23 Nov, 2019 12:00am

Ministry says Wapda on the verge of default

Ministry of Water Resources has claimed that Water and Power Development Authority (Wapda) is on the verge of default to banks due to non-payment of over Rs 200 billion receivables by Central Power Purchasing Agency -Guaranteed (CPPA-G), well informed sou

Published 23 Nov, 2019 12:00am

China wants US trade deal but 'not afraid' to fight: Xi

China wants to reach an initial trade deal with the United States, President Xi Jinping said Friday, but is "not afraid" to fight back when necessary and will enact economic reforms at its own pace.

Published 23 Nov, 2019 12:00am

Oil & gas exploration sector: Investment efforts hamstrung by security clearance delays

A parliamentary committee was informed on Friday that delay in security clearance of Defense Ministry is a big hindrance in attracting foreign investment in oil and gas exploration sector.

Published 23 Nov, 2019 12:00am

Asim Bajwa to be made CPEC Authority's chairman

Lieutenant General Asim Bajwa (retd) is to be appointed the chairperson of the China-Pakistan Economic Corridor (CPEC) Authority, Aaj News reported. Summary pertaining to the appointment of Lt Gen Bajwa (retd) as the CPEC Authority's chairperson has been

Published 23 Nov, 2019 12:00am

Appointment of new CJP: Law ministry sends summary to PM

Ministry of Law on Friday sent to the Prime Minister's Secretariat the summary for appointment of the new Chief Justice of Pakistan.

Published 23 Nov, 2019 12:00am

Turkey to offer bounty for exiled Palestinian Dahlan

Turkey said Friday it would offer four million lira ($700,000) for information leading to the capture of former Palestinian strongman Mohammad Dahlan, now exiled in the United Arab Emirates.

Published 23 Nov, 2019 12:00am

Hong Kong would be 'obliterated in 14 minutes' if not for me: Trump

US President Donald Trump said Friday he had saved Hong Kong from being destroyed by persuading Chinese President Xi Jinping to hold off on sending in troops to crush its pro-democracy movement.

Published 23 Nov, 2019 12:00am

Renewable energy: Minister explains government policy

Pakistan's New Renewable Energy Policy, unanimously approved by the Alternative Energy Development Board (AEDB) where all provinces have the highest level representation, envisages a lead role for all provinces, both at the decision and its implementation

Published 23 Nov, 2019 12:00am

US backs sustained Indian role in Afghanistan

The United States said Thursday that it supported continued Indian involvement in Afghanistan, even as President Donald Trump looks to withdraw troops.

Published 23 Nov, 2019 12:00am

Tenancy law: IHC acquits Irfan Siddiqui

The Islamabad High Court (IHC) Friday acquitted Irfan Siddiqui, a close aide to former prime minister Nawaz Sharif, in a case pertaining to the violation of tenancy law.

Published 23 Nov, 2019 12:00am

Letters

Diversity and inclusion in the workplace

For decades, locally and globally, people have been fighting for inclusion: inclusion in homes, in society and at work. Women and people with disabilities have been asking for one thing; equality. Seeking acceptance is human nature and while we, as leader

Updated 23 Nov, 2019 05:01am

Articles

British opposition leader Corbyn's manifesto rooted in nationalisation

Plans by Britain's Labour party to nationalise key industries would reverse a business trend begun by Margaret Thatcher in the 1980s, while it proposes state spending not seen since the 1970s.

Updated 23 Nov, 2019 09:11am

Articles

Intolerance

Approximately 3 to 4 years ago, sitting with a few friends at Bantas, I made a prediction, which practice, by the way, I generally shun, that by 2050, the world would have reverted to Monarchy, and democracy will have been buried. The obvious related effe

Updated 23 Nov, 2019 08:40am

Articles

Herculean effort required

Prime Minister Imran Khan has hit nail on the head as he is reported to have stated that the manner in which the country is being run cannot lead to progress. He has also said the country will face severe financial difficulties if steps are not taken towa

Updated 23 Nov, 2019 07:41am

Corporatizing the agri sector

Despite a severe shortage of arable land China ranks first in worldwide farm output. The arable land in India's Punjab is one-third of our Punjab but its irrigation area is 90 percent and cropping intensity 189 percent. In terms of arable land and water a

Updated 23 Nov, 2019 07:10am

Industrialisation a top priority

Prime Minister Imran Khan, while speaking at the ceremony to distribute tax refund cheques, stated that continuity of policies is critical for sustainable development and the government is striving to promote industrialisation, wealth creation and tax cul

Updated 23 Nov, 2019 07:10am

DW TV's DG speaks at Habib varsity: 'Only real journalism can counter fake news'

In a great distinction for Habib University, Deutsche Welle TV's Director General Peter Limbourg was welcomed on campus on November 22, where he delivered a lecture on the subject on 'Digital Journalism in the Age of Fake News.'

Published 23 Nov, 2019 12:00am

World Antibiotics Awareness Week: '700,000 die globally of antibiotic resistant infections every year'

Health experts while warning the people of avoiding self-medication, especially use of antibiotics, have said that every year globally around 700,000 people die of antibiotic resistant infections.

Published 23 Nov, 2019 12:00am

Business & Economy

Qaiser seeks Kyrgyzstan's role in linking Eurasian Economic Zone & Europe with CPEC

Speaker National Assembly Asad Qaiser has said that Kyrgyzstan could play an important role in linking Eurasian Economic Zone and Europe with China-Pakistan Economic Corridor (CPEC).

Published 23 Nov, 2019 12:00am

National Food Security and Research: Khusro Bakhtiar assumes charge of federal minister

Former minister for planning and development Makhdoom Khusro Bakhtiar on Friday assumed his charge as Federal Minister for National Food Security and Research. Secretary Ministry for National Food Security and Research Dr Muhammad Hashim Popalzai received

Published 23 Nov, 2019 12:00am

Tezgam tragedy: IHC directs federal government to file inquiry report

The Islamabad High Court (IHC) on Friday directed the federal government to file an inquiry report of Tezgam train fire incident.

Published 23 Nov, 2019 12:00am

Business & Economy

Several toll plazas occupied by some influential persons: Panel

A parliamentary panel Friday observed that several toll plazas are occupied by some influential persons who are not paying anything to National Highway Authority (NHA), causing huge loss to the national exchequer.

Published 23 Nov, 2019 12:00am

Four killed in rival groups clash

At least four people were killed and seven others got injured during an exchange of fire between two rival groups at a taxi stand here in Dhoke Kala Khan area within the limits of Sadiqabad police station.

Published 23 Nov, 2019 12:00am

Doubling of quota for ex-Fata students: NA body concerned at non-compliance

A National Assembly panel on Friday expressed grave concerns on non-compliance with the cabinet's decision regarding doubling of quota reserved for the students belonging to the erstwhile FATA in the medical and dental colleges throughout the country desp

Published 23 Nov, 2019 12:00am

Taxes

Attempt to clear Indian goods under garb of China origin foiled

Model Customs Collectorate (MCC), Appraisement West has foiled an attempt to clear Indian origin goods from Karachi port through miss-declaration. According to details, the department has received credible information that some unscrupulous importers were

Updated 23 Nov, 2019 09:15am

Qatar to open visa centres at Lahore and Peshawar: CG

Consul General of Qatar, Mishal Muhammad Ali Al Ansari Friday said that two Qatari visa centers were already operational in Karachi and Islamabad while two more such centers will also be established in Peshawar and Lahore for processing visas of mostly th

Published 23 Nov, 2019 12:00am

Business & Economy

Review of Capital's master plan: CDA chairman shares decisions with businessmen

Chairman Capital Development Authority (CDA) Amir Ali Ahmed on Friday shared the decisions taken regarding review of master plan of the federal capital with the business community. Office-bearers of Islamabad Chamber of Commerce and Industries (ICCI) met

Published 23 Nov, 2019 12:00am

Energy

Sindh government to start work on grid after obtaining licence: minister

The Sindh government is soon starting work on its grid after obtaining a license to provide cheap electricity to the public with one such project of 50 megawatts of solar park, the Sindh Energy Minister told the Sindh Assembly on Friday.

Published 23 Nov, 2019 12:00am

Business & Economy

Airbus A320 added to PIA fleet

PIA has acquired two A320 Aircraft on dry lease from ALAFCO Aviation Lease and Finance Company. The first aircraft reached Karachi on Thursday Morning while the second A320 will be delivered to PIA by end of this year.

Published 23 Nov, 2019 12:00am

President becomes first official delegate of AdAsia 2019

The President of Pakistan, Dr Arif Alvi today becomes the first official delegate of AdAsia 2019. The President signed the registration forms at the Aiwan-e-Sadar in the presence of Sarmad Ali, Chairman AdAsia 2019, Waqar Haidri, Chairman PAA and Shahzad

Published 23 Nov, 2019 12:00am

Interior Sindh's hospitals: No treatment facilities available for cancer patients, SHC told

The treatment facilities for cancer patients are not available in the hospitals of interior Sindh, Sindh High Court was informed Friday. According to a report of Secretary Health Sindh submitted in the court in a petition pertaining to oral cancer caused

Published 23 Nov, 2019 12:00am

JUI-F's Azadi March: Sindh's joint opposition to hold demonstration outside ECP on November 26

As JUI-F begins its Plan-C of ongoing Azadi March, the Joint Opposition Sindh - an alliance of nine opposition parties on Friday announced to hold protest demonstration outside the provincial Election Commission (ECP) office against the federal government

Published 23 Nov, 2019 12:00am

Citizen death: Sindh governor seeks report from IGP

Sindh Governor Imran Ismail on Friday taking notice of an incident of death of citizen due to the police firing sought a report from Inspector General of Police (IGP) Sindh. He said that it was the responsibility of the police to protect the public rather

Published 23 Nov, 2019 12:00am

Country grapples with drug-resistant typhoid outbreak

Early this year Muhammad Haider Sajjad, a thin bespectacled boy of 15, was hospitalised in Karachi. Doctors suspected typhoid, but when the most common antibiotics failed to work, the boy's family began to panic.

Published 23 Nov, 2019 12:00am

Government to make Torkham border operational thru Nadra, FIA

A meeting of the Provincial Development Working Party (PDWP) with Additional Chief Secretary Atif Rehman in the chair here Friday approved the project to make functional Torkham Border Operation System through FIA & NADRA in Khyber district.

Published 23 Nov, 2019 12:00am

Business & Economy

PM to lead Pakistan to the height of economic glory: CM

Terming honest leadership essential for durable economic development, the Punjab Chief Minister Sardar Usman Buzdar on Friday said that improving the devastated economy is the praiseworthy step of the PTI government and Prime Minister Imran Khan will lead

Published 23 Nov, 2019 12:00am

Mall Road: LHC bans media coverage of protests

The Lahore High Court on Friday put a ban on media coverage of all kind of protests held on the Mall Road, and directed the Pakistan Electronic Media Regulatory Authority (Pemra) to ensure the ban.

Published 23 Nov, 2019 12:00am

Smog and fog: Special teams formed to check smoke-emitting vehicles

With an aim to control growing phenomenon of smog and fog, the Punjab police have formed special teams that would check and seize unfit and smoke-emitting vehicles on roads and highways across the province.

Published 23 Nov, 2019 12:00am

Business & Economy

Exporters endorse PM's policy for enhancing exports: SCCI chief

President Sialkot Chamber of Commerce and Industry (SCCI) Muhammad Ashraf Malik pledged to continue efforts for the betterment of business community without discrimination while special focus would be accorded on the promotion of women entrepreneurship in

Published 23 Nov, 2019 12:00am

Energy

Coal handling at PQ gets better after SC order

With an increase in the usage of coal as a major fuel for industries and power generation, the handling of imported coal at Port Qasim gets even better with no threat to the environment and health of the citizens of Karachi.

Published 23 Nov, 2019 12:00am

Outgoing CJCSC pays farewell call on President

Chairman Joint Chiefs of Staff Committee, General Zubair Mahmood Hayat, NI (M), paid a farewell call on President Dr Arif Alvi here at the Aiwan-e-Sadr on Friday.

Published 23 Nov, 2019 12:00am

Amnesty International issues smog warning for Lahore

The Amnesty International has issued alert for the city of Lahore, saying that the citizens should be conscious of the rising level of smog.

Published 23 Nov, 2019 12:00am

Babar Awan, PM discuss PTI funding case

Pakistan Tehreek-e-Insaf (PTI) leader Babar Awan on Friday called on Prime Minister Imran Khan in Bani Gala and discussed party funding case.

Published 23 Nov, 2019 12:00am

PTI MPAs protest over PPP leaders' 'unparliamentary' words

Pakistan Tehreek-e-Insaf members of the Punjab Assembly on Friday protested against use of unparliamentary words by PPP parliamentary leader Syed Hassan Murtaza.

Published 23 Nov, 2019 12:00am

UK men jailed for stealing Viking treasure

Two British men were jailed Friday for stealing a valuable hoard of 1,100-year-old coins and jewellery they found with metal detectors - much of which remains missing.

Published 23 Nov, 2019 12:00am

Air strikes decline sharply in Yemen: UN envoy

Air strikes in Yemen have sharply declined in number over the past two weeks, UN envoy Martin Griffiths said Friday, pointing to the trend as a possible prelude to a general cease-fire in the country, Griffiths said the rate of air strikes fell by 80 perc

Published 23 Nov, 2019 12:00am

Nine-year-old Belgian prodigy set for university degree

Like many other nine-year-olds, Laurent Simons likes TV and his pet dog. But he also wants to make artificial organs, and is about to get the qualifications to set him on his way.

Published 23 Nov, 2019 12:00am

Latvia bans Russian TV channels citing EU sanctions

Latvia's media watchdog said on Friday it had banned nine Russian television channels due to European Union sanctions against their co-owner, billionaire Yury Kovalchuk, a banker said to have ties to the Kremlin. The EU blacklisted Kovalchuk in 2014 in re

Published 23 Nov, 2019 12:00am

China wants to 'take over' Australian politics: ex-spy chief

China wants to "take over" Australia's political system with an "insidious" and systematic campaign of espionage and influence-peddling, Canberra's ex-spymaster warned in an interview published Friday.

Published 23 Nov, 2019 12:00am

Protesters celebrate 'real independence' coming as Lebanon turns 76

Lebanese celebrated 76 years of national self-rule Friday, tens of thousands massing for joyous street festivities rather than stiff military parades to hail what a new protest movement calls "real independence".

Published 23 Nov, 2019 12:00am

EOBI recognises Philip Morris Ltd

Philip Morris (Pakistan) Limited was recognized as one of the most compliant employers by the Employees' Old-Age Benefits Institution (EOBI) for working together in partnership towards welfare and social protection at the First Annual Pension Day. The eve

Published 23 Nov, 2019 12:00am

No threat to PTI government: Sarwar

Governor Punjab Chaudhry Mohammad Sarwar on Friday said that there is no threat to the PTI government; Insha Allah, it will complete its five years term under the leadership of Prime Minister Imran Khan, while those dreaming of in-house change and early e

Published 23 Nov, 2019 12:00am

Joint efforts required for corruption-free Pakistan: DG NAB

Director General (Operations) of National Accountability Bureau (NAB) Zahir Shah has said that each individual will have to pass through process of self accountability to curb corruption in every sphere of life.

Published 23 Nov, 2019 12:00am

Business & Economy

PAPGAI's 'PrintPak 2019' opens

Punjab Industries, Commerce and Investment Minister Mian Muhammad Aslam Iqbal here on Friday inaugurated Pakistan's largest printing and packaging industrial exhibition 'PrintPak 2019'. PrintPak 2019 is being organized by Pakistan Association of Printing

Published 23 Nov, 2019 12:00am

US mission joins Customs chief collector (Enforcement-South)

In support of the United States' ongoing commitment to strengthening Pakistan's law enforcement organizations, Acting Consul General Jack Hillmeyer joined Customs Chief Collector (Enforcement-South) Dr Wasif Ali Memon for the closing ceremony of a US-spon

Published 23 Nov, 2019 12:00am

NED varsity students organise AI Festival 2.0

The members of Artificial Intelligence Club organised their flagship event, AI Festival 2.0, around computer technology. The Artificial Intelligence Club is a student's organisation in NED University of Engineering and Technology that is based around the

Published 23 Nov, 2019 12:00am

International Diabetes Day: 1000 patients get free medical test at LGH

On the eve of International Diabetes Day, more than 1000 patients were given facility of free check up and medical tests at Sugar Clinic of Lahore General Hospital (LGH) while some of them were also given gluco meters.

Published 23 Nov, 2019 12:00am

CPEC to bring socio-economic benefits for welfare of people: Omar

Federal Minister for Planning, Development & Reform and Special Initiative Asad Umar has said that ongoing phase of China-Pakistan Economic Corridor (CPEC) will bring about socio-economic benefits for the welfare of the people, noting that the bilateral f

Published 23 Nov, 2019 12:00am

PAF-KIET holds INTELLECT 2019 conference

To encourage students to conduct research, publish their papers in international journals and learn from seasoned academics on how to research, PAF-Karachi Institute of Economics & Technology holds 2nd International Conference on Latest Trends in Electric

Published 23 Nov, 2019 12:00am

ICMAP signs MoU with Punjab Bait-ul-Maal

Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan) and Punjab Bait-ul-Maal, The Government of Punjab, entered into a Memorandum of Understanding recently at a ceremony held at ICMA Pakistan, Lahore Campus. The MOU was signed between

Published 23 Nov, 2019 12:00am

Alternative energy policy; Power Division refutes Sindh minister's allegations

Responding to recent press statement by the Minister for Energy government of Sindh, a spokesperson of Ministry of Energy Power Division, Friday categorically refuted the statements in which it had been alleged that the draft Alternative and Renewable Ene

Published 23 Nov, 2019 12:00am

Business & Economy

UBG leaders claim to sweep FPCCI polls again

Chairman of the United Business Group, Iftikhar Ali Malik and senior leader of the UBG, Senator Ilyas Ahmad Bilour claimed that they would sweep again the annual elections of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for 2020 schedu

Published 23 Nov, 2019 12:00am

Energy

NA body informed: Share of renewable energy in energy sector stands at 6 percent

The National Assembly Standing Committee on Science and Technology was informed on Friday that share of renewable energy in the energy sector is up to six percent which is higher than the share of nuclear energy.

Published 23 Nov, 2019 12:00am

Pakistan Cables, NOWPDP partner to empower disable persons

Pakistan Cables recently co-sponsored the construction of a newly built training centre for disabled people at the office premises of NOWPDP in Karachi. Fahd K Chinoy, CEO Pakistan Cables was present at the inauguration ceremony. Ronak Lakhani, Trustee NO

Published 23 Nov, 2019 12:00am

Stocks

SECP issues General Takaful Accounting Regulations, 2019

Following the approval of the Securities and Exchange Commission of Pakistan (SECP) Policy Board, the SECP has directed all

Published 23 Nov, 2019 12:00am

ECDF submits recommendations for development of mineral sector

The Economic Cooperation and Development Forum (ECDF) for the merged areas have submitted its recommendations for the development of mineral sector to the concerned authorities of the Khyber Pakhtunkhwa government.

Published 23 Nov, 2019 12:00am

KP CM opens Nadra's registration centre for women

KP Chief Minister Mahmood Khan has inaugurated NADRA Registration Centre for Women in Matta Swat and also announced a separate NADRA Registration Centre for Women in Kabal Swat.

Published 23 Nov, 2019 12:00am

Articles

Partly Facetious : Towards becoming Wasim Akram Plus

"Pakistan is a trail blazer I say."

Updated 23 Nov, 2019 07:14am

A frustrated Trump lashes out at impeachment probe

An irate Donald Trump said Friday he welcomes the prospect of an impeachment trial, as the US leader lashed out at "crazy" and "corrupt" opponents probing potential abuse of presidential power.

Published 23 Nov, 2019 12:00am

French ex-minister charged in EU 'fake jobs' scandal

Former French justice minister Michel Mercier has been charged with complicity in the embezzlement of public money over allegations his party gave members suspected fake jobs as European Parliament assistants, legal sources said Friday.

Published 23 Nov, 2019 12:00am

South African Airways strike called off after deal signed

A costly week-long strike that forced hundreds of flight cancellations ended at South Africa's flag carrier Friday after the airline and unions signed a deal.

Published 23 Nov, 2019 12:00am

China condemns US navy sail-by in disputed waters

China on Friday accused the US of "provocative" conduct after two US warships sailed near islands claimed by Beijing this week, adding to tensions between the global powers.

Published 23 Nov, 2019 12:00am

Greek PM condemns EU on migrant kids

Greece has failed to persuade other EU states to accept around 3,000 unaccompanied minors, the Greek prime minister said on Friday, condemning the bloc for failing to show "solidarity".

Published 23 Nov, 2019 12:00am

Dutch halt aid to Palestinians over prisoner compensation

The Netherlands has halted direct aid to the justice system of the Palestinian Authority over compensation given to prisoners jailed in Israel for attacks, the Dutch government said Friday.

Published 23 Nov, 2019 12:00am

South Korea salvages military pact with Japan at 11th hour

South Korea decided Friday against scrapping a critical military intelligence-sharing pact with Japan, in a dramatic 11th-hour U-turn that will come as a relief to the United States.

Published 23 Nov, 2019 12:00am

US sanctions Iran minister over internet censorship

The US Treasury slapped punitive sanctions on Iran's communications minister, Mohammad Javad Azari Jahromi, Friday after the Tehran regime blocked internet communications amid violent protests triggered by a petrol price hike.

Published 23 Nov, 2019 12:00am

Iran says 'world war' against it foiled

Iran's Basij militia said unrest sparked by fuel price hikes amounted to a "world war" against Tehran that was thwarted, and blamed the United States, Saudi Arabia and Israel.

Published 23 Nov, 2019 12:00am

Money & Banking

South African rand steadies

South Africa's rand firmed a touch on Friday ahead of a decision by S&P Global Ratings which could change the outlook on the country's sub-investment grade rating to negative.

Published 23 Nov, 2019 12:00am

Money & Banking

Dollar clings to overnight gains in Asia

The dollar trod water on Friday as a week of mixed messages on the prospect of Sino-US tariff rollbacks left traders on edge and currency markets paralysed, ahead of the release of closely-watched manufacturing data.

Published 23 Nov, 2019 12:00am

Money & Banking

Dollar little changed in Europe

The dollar was little changed on Friday with currencies trading in tight ranges after mixed messages from China about the trade war gave risk appetite only a limited boost, while the euro touched weekly lows on inflation data.

Published 23 Nov, 2019 12:00am

Money & Banking

Early trade in New York: dollar rises after upbeat US data

The US dollar rose against a basket of currencies on Friday after data showed US factory and services activity quickened in November in a sign of the continued resilience of the US economy in the face of the US-China trade war and other headwinds.

Published 23 Nov, 2019 12:00am

Money & Banking

Dollar up in New York as US-China trade remains in focus

The dollar shook off early weakness to creep higher against other major currencies on Thursday, with investors focused on the latest developments in a bitter 16-month long trade dispute between the United States and China that has weighed on the world eco

Published 23 Nov, 2019 12:00am

Money & Banking

Aussie, kiwi frazzled

The Australian and New Zealand dollars were left to languish on Friday with investors frazzled by a week full of conflicting headlines on the Sino-US trade dispute, while bonds were content to sit on their recent hefty gains.

Published 23 Nov, 2019 12:00am

Money & Banking

Emerging Asian units keep tight ranges

Emerging Asian currencies kept to tight ranges on Friday as markets sought concrete evidence of headway in Sino-US trade negotiations for a "phase-1" deal having become numbed to recent positive headlines.

Published 23 Nov, 2019 12:00am

Money & Banking

Sterling set for biggest daily drop in 3 weeks

The pound weakened on Friday and is set for its biggest daily loss in nearly three weeks after surveys showed British business suffering its deepest downturn since mid-2016, with caution rising before a Dec. 12 general election.

Published 23 Nov, 2019 12:00am

Money & Banking

Bitcoin plummets to a six-month low on China crackdown

Bitcoin slumped to a six-month low on Friday after China's central bank launched a fresh crackdown on cryptocurrencies, warning of the risks entailed in issuing or trading them.

Published 23 Nov, 2019 12:00am

Cricket

Ishant leads India's domination in day-night Test against Bangladesh

India paceman Ishant Sharma helped skittle out Bangladesh for 106 and Virat Kohli put the hosts in the lead on day one of the first day-night Test for both the teams.

Published 23 Nov, 2019 12:00am

Cricket

Williamson falls as England remove New Zealand top order

England took the prized wicket of New Zealand skipper Kane Williamson to narrowly claim the honours on day two of the first Test as the hosts rued a missed review and were nearly made to pay for signing too many autographs.

Published 23 Nov, 2019 12:00am

Other

Japanese-American basketball pioneer Misaka dies

Wataru "Wat" Misaka, a Utah native of Japanese descent who was recognized as the first person of color to play in what is now the NBA, died Wednesday at the age of 95, the University of Utah said.

Published 23 Nov, 2019 12:00am

Previous Day

Forex
World
Commodity

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

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

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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