14Karachi

Monday, 22 January 2018

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Headlines
  • COAS signs black warrants of 10 hardcore terrorists - COAS signs black warrants of 10 hardcore terrorists RAWALPINDI: Chief of the Army Staff (COAS) General Qamar Javed Bajwa on Friday has signed death warrants of ten hardcore terrorists who were awarded capital punishments by military courts for attacks on civilians and armed forces. Inter-services Public Relations (ISPR) reported: “The...
  • CJP takes notice of Naqeeb murder in alleged ‘encounter’ - CJP takes notice of Naqeeb murder in alleged ‘encounter’ ISLAMABAD: Chief Justice of Pakistan Mian Saqib Nisar on Friday took suo moto notice of the alleged extrajudicial killing of Naqeeb ullah Mehsud during an encounter in Karachi. The Chief Justice has directed the Sindh Inspector General of Police (IGP) to...
  • Pakistan likes to send Taliban and Haqqani network leaders back to Afghanistan: Aizaz - Pakistan likes to send Taliban and Haqqani network leaders back to Afghanistan: Aizaz ISLAMABAD: Pakistan’s Ambassador to the United States, Aizaz Chaudhry has said that Pakistan wanted to send Taliban and Haqqani network leaders back to Afghanistan to join the mainstream politics in their own country. Responding to queries regarding...
  • Munnu Bhai and Dr Ashfaq Ahmad pass away - Munnu Bhai and Dr Ashfaq Ahmad pass away LAHORE: Renowned writer, senior columnist and poet Munir Ahmad Qureshi, commonly known as Munnu Bhai, was laid to rest in Miani Sahib graveyard here on Friday. He was 84 years old. His Namaz-e-Janaza was offered at Riwaz Garden ground after Asr prayers....
  • Pak foreign reserves now $19,771.5mn - Pak foreign reserves now $19,771.5mn KARACHI: The total liquid foreign reserves held by the country stood at US$19,771.5 million on 12 January 2018. The break-up of the foreign reserves position is as under: Foreign reserves held by the State Bank of Pakistan: US$13,699.0 million; Net foreign reserves held by commercial...

General

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COAS signs black warrants of 10 hardcore terrorists

COAS signs black warrants of 10 hardcore terrorists

COAS signs black warrants of 10 hardcore terrorists RAWALPINDI: Chief of the Army Staff (COAS) General Qamar Javed Bajwa on Friday has signed death warrants of ten hardcore terrorists who were awarded capital punishments...
CJP takes notice of Naqeeb murder in alleged 'encounter'

CJP takes notice of Naqeeb murder in alleged ‘encounter’

CJP takes notice of Naqeeb murder in alleged ‘encounter’ ISLAMABAD: Chief Justice of Pakistan Mian Saqib Nisar on Friday took suo moto notice of the alleged extrajudicial killing of Naqeeb ullah Mehsud during...
Pakistan likes to send Taliban and Haqqani network leaders back to Afghanistan: Aizaz

Pakistan likes to send Taliban and Haqqani network leaders back...

Pakistan likes to send Taliban and Haqqani network leaders back to Afghanistan: Aizaz ISLAMABAD: Pakistan’s Ambassador to the United States, Aizaz Chaudhry has said that Pakistan wanted to send Taliban and Haqqani ...
Munnu Bhai and Dr Ashfaq Ahmad pass away

Munnu Bhai and Dr Ashfaq Ahmad pass away

Munnu Bhai and Dr Ashfaq Ahmad pass away LAHORE: Renowned writer, senior columnist and poet Munir Ahmad Qureshi, commonly known as Munnu Bhai, was laid to rest in Miani Sahib graveyard here on Friday. He was 84 years old...
Pak foreign reserves now $19,771.5mn

Pak foreign reserves now $19,771.5mn

Pak foreign reserves now $19,771.5mn KARACHI: The total liquid foreign reserves held by the country stood at US$19,771.5 million on 12 January 2018. The break-up of the foreign reserves position is as under: Foreign rese...

National

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Economy maintains growth momentum despite outer gusts

Economy maintains growth momentum despite outer gusts

SBP’s 1st Quarterly Report FY18 on state of Pakistan’s economy Economy maintains growth momentum despite outer gusts KARACHI: State Bank of Pakistan has...
HUM Network celebrates its 13th anniversary

HUM Network celebrates its 13th anniversary

HUM Network celebrates its 13th anniversary KARACHI: Pakistan’s HUM Network Limited, celebrated the 13th anniversary of its premier entertainment channel HUM TV here...
Tax Ombudsman set to settle issues of tax exporters

Tax Ombudsman set to settle issues of tax...

Tax Ombudsman set to settle issues of tax exporters KARACHI: “Resolving the tax matters of exporters shall be a service to the nation....
NDMA, AMC sign MoU to strengthen resilience against natural disasters

NDMA, AMC sign MoU to strengthen resilience against...

NDMA, AMC sign MoU to strengthen resilience against natural disasters ISLAMABAD: National Disaster Management Authority and Army Medical Corps (AMC) signed memorandum of...
Munnu Bhai and Dr Ashfaq Ahmad pass away

Munnu Bhai and Dr Ashfaq Ahmad pass away

Munnu Bhai and Dr Ashfaq Ahmad pass away LAHORE: Renowned writer, senior columnist and poet Munir Ahmad Qureshi, commonly known as Munnu Bhai,...
KCCI assured of representation on SSGC’s Board

KCCI assured of representation on SSGC’s Board

KCCI assured of representation on SSGC’s Board KARACHI: Chairman Sui Southern Gas Company (SSGC), Lt. Gen. (Retd) Javed Zia has said that Karachi...

Islamic Banking & Finance

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State Bank of Pakistan has yet to answer about some questions on Islamic banking

State Bank of Pakistan has yet to answer...

State Bank of Pakistan has yet to answer about some questions on Islamic banking  Muhammad Arif SBP has been declared best Central Bank...
Role of two banks of Pakistan in Islamic banking

Role of two banks of Pakistan in Islamic...

Role of two banks of Pakistan in Islamic banking   In the competitive environment there are various banks which are providing the services...
Bahrain as model of Islamic banking and finance

Bahrain as model of Islamic banking and finance

Bahrain as model of Islamic banking and finance Manzar Naqvi Bahrain’s Islamic finance (IF) industry has been in existence for more than 30...
Takaful i.e. Islamic insurance the need of Pakistan

Takaful i.e. Islamic insurance the need of Pakistan

Takaful i.e. Islamic insurance the need of Pakistan The estimated 200 million population of Pakistan represents a huge market for Takaful and insurance...
Islamic banking in Pakistan overview

Islamic banking in Pakistan overview

Islamic banking in Pakistan overview Muhammad Arif (Chairman CAIF) Everyone in Pakistan is amazed over the fast-track popularity of Islamic banking. Latest reports...
Islamic finance in 2018 – What is to be done

Islamic finance in 2018 – What is to...

Islamic finance in 2018 – What is to be done Muhammad Arif (Chairman CAIF) Views expressed in this article are in the light...

Special Reports

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Chinese cities' moves to ease residency curbs fuel property demand

Chinese cities’ moves to ease residency curbs fuel property demand

Chinese cities’ moves to ease residency curbs fuel property demand Yawen Chen, Ryan Woo China’s provincial capitals have discovered a way to keep apartment sales booming by making it much easier for...
How courts help companies keep sexual misconduct under cover

How courts help companies keep sexual misconduct under cover

How courts help companies keep sexual misconduct under cover Dan Levine, Benjamin Lesser & Renee Dudley Cristina Chen-Oster, a senior salesperson in Goldman Sachs’s convertible bonds department, was a...
Meet the force behind Zimbabwe's 'Crocodile' president

Meet the force behind Zimbabwe’s ‘Crocodile’ president

Meet the force behind Zimbabwe’s ‘Crocodile’ president Ed Cropley His wife is a beauty queen, his troops unseated Zimbabwean leader Robert Mugabe, and his motorcade is fit for a president. Gen...

Politics and economy of the world

Muhammad Arif New Year has appeared. How it would proceed for 365 days is a thinkable question for all. 2018 world over would be regarded election year for various countries. 16 countries in Africa including Eg...

Beijing may be starting to win its battle against smog

Muyu Xu & Elias Glenn Beijing may have turned a corner in its battle against the city’s notorious smog, according to Reuters calculations, and environmental consultants say the Chinese government dese...

Stock Review

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Nikkei edges lower; Fast Retailing's gains limit losses

Nikkei edges lower; Fast Retailing’s gains limit losses

Nikkei edges lower; Fast Retailing’s gains limit losses TOKYO: Japan’s Nikkei share average edged lower on Friday as weakness in exporters weighed on the index, but strong gains in index-heavy Fast ...
Results drive sharp moves in European stocks

Results drive sharp moves in European stocks

Results drive sharp moves in European stocks LONDON: European share trading got off to a hesitant start on Thursday as concerns over protectionism and a bond market sell-off made the breakneck New Year rally in...
Nikkei probes 26-year highs, Toshiba gains

Nikkei probes 26-year highs, Toshiba gains

Nikkei probes 26-year highs, Toshiba gains TOKYO: Japan’s Nikkei share average extended the previous session’s gains on Friday, probing 26-year highs as banking and brokerage firms rose, while Toshi...
World stock rally rolls on with best start in eight years

World stock rally rolls on with best start in eight...

World stock rally rolls on with best start in eight years LONDON: World stock markets hovered close to all-time highs on Monday as the best start to a year in eight years showed little sign of running out of st...
European stocks bounce sees Swiss index, FTSE hit records

European stocks bounce sees Swiss index, FTSE hit records

European stocks bounce sees Swiss index, FTSE hit records LONDON: European shares powered higher on Friday, with the British and Swiss benchmarks hitting records, propelled by optimism for a strengthening regio...
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Commodities

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Gold eases from 4-month peak as dollar fights back

Gold eases from 4-month peak as dollar fights back

Gold eases from 4-month peak as dollar fights back LONDON: Gold fell on Tuesday from the previous day’s four-month high, reflecting losses across precious metals and commodities more widely, as the dollar clawed ba...
Dollar extends losses vs yen after BoJ tapering talk

Dollar extends losses vs yen after BoJ tapering talk

Dollar extends losses vs yen after BoJ tapering talk TOKYO: The dollar extended losses against the yen on Wednesday after the Bank of Japan’s move to trim Japanese government bond (JGB) purchases in the previous se...
Dollar index hits 1-week high as euro falters

Dollar index hits 1-week high as euro falters

NEW YORK: The dollar hit a more than one-week high against a basket of other major currencies on Monday, helped by a pullback in the euro as investors took profits after the common currency’s recent rally. The doll...

Euro takes breather after rally; dollar holds steady

SINGAPORE: The euro eased on Wednesday to take a breather from a rally prompted by optimism over the euro zone’s economy and expectations the European Central Bank will wind down its bond-buying stimulus in 2018. T...

China’s yuan weakens after strong official fixing

SHANGHAI: China’s yuan eased against the US dollar on Wednesday after the central bank set the daily midpoint at its strongest level in 20 months, prompting a rush of dollar buying by corporate. Prior to market ope...
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Sports

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Coach Arthur confident of good results against Kiwis

ISLAMABAD: Pakistan cricket head coach Mickey Arthur feels that players have acclimatized well with the conditions in New Zealand, before the team kicks off its tour with a 50-over warm-up match against New Zealand XI in...

Azhar Mahmood backs bowlers to deliver against New Zealand

KARACHI: Pakistan bowling coach Azhar Mahmood believes his team is ready to give New Zealand a run for their money in the upcoming limited-overs series, starting from January 6. Mahmood, while addressing media on Monday,...

Pride more than prize at stake for England

MELBOURNE, AUSTRALIA: England have lost paceman Craig Overton and may make a further change as they try to restore some pride in Tuesday’s fourth Melbourne Test after surrendering the Ashes to Australia. It’s...

Lehman to step down as Australia coach in 2019

MELBOURNE, AUSTRALIA: Australia coach Darren Lehmann will not seek to renew his contract when his current deal expires at the end of 2019, he said in an interview aired Monday. Lehmann outlined his plans to Fox Sports, d...

Serena Williams set to launch comeback in Abu Dhabi

Twenty-three time grand slam champion Serena Williams will play her first match since the birth of her daughter when she faces off against French Open winner Jelena Ostapenko at the Mubadala World Tennis Championship in ...