Last update: Sat, 06 Feb 2016 04pm

Business & Finance

Bilfinger sells Water Technologies unit to Chinese firm

2016-02-06 10:06:13

FRANKFURT/BERLIN: Troubled German industrial services group Bilfinger has agreed to sell its water treatment unit to Chengdu Techcent Environment Group for about 200 million euros ($223.18 million), it said early on Saturday.Bilfinger is facing a bre


China central bank to fine tune policy, keep yuan stable

2016-02-06 10:03:12

BEIJING: China will fine tune monetary policy and keep the yuan basically stable while guarding against systemic financial risks, the country's central bank said on Saturday in its fourth-quarter monetary policy report. China will also maintain a


JGBs mostly higher, 10-year yield edges near zero

2016-02-05 11:06:53

TOKYO: Japanese government bond prices soared on Friday, with the benchmark 10-year yield edging near zero percent after Japanese share prices plunged on a rise in the yen, undermining any benefits from the Bank of Japan's negative interest rates



Edgar Mitchell, astronaut who walked on Moon, dead at 85

2016-02-06 09:07:16

MIAMI: US astronaut Edgar Mitchell, one of just 12 people to have walked on the Moon, has died aged 85, his family and NASA said Friday, calling him a "pioneer."NASA paid glowing tribute to Mitchell, who died in Florida after a brief illness late Thu


First Zika-linked deaths reported in Colombia

2016-02-06 08:45:28

BOGOTA: The mosquito-borne Zika virus sweeping through Latin America has claimed three lives in Colombia, as the United Nations urged increased access to abortion because of fears of severe birth defects.In the first direct statements from government


EU says Turkey must keep border open to Syrian refugees

2016-02-06 10:27:54

AMSTERDAM: Top EU officials on Saturday reminded Turkey of its international obligations to keep its frontiers open to refugees as thousands fleeing a new government offensive in Syria remained camped out along its southern border.Up to 20,000 Syrian



12 exporters attends World Food Moscow Show to improve trade with Russia: TDAP

2016-02-05 09:48:20

ISLAMABAD: Trade Development Authority of Pakistan (TDAP) has arranged participation of 12 exporters from agricultural sector in World Food Moscow exhibition to improve volume of trade with Russia.The other objective of the participation was to help


Cellular mobile subscription shows upward trend, reaches 125.899mn

2016-02-06 09:19:59

ISLAMABAD: The cellular mobile subscribers base in the country after Biometrics Verification is showing upward trend and reached 125.899 million at end of December 2015.The subscribers base was 124.24 million by November last year and during one mont


Pak forex figure $20.27508bn

2016-02-04 15:01:41

KARACHI: Total liquid foreign exchange reserves of the country stand at dollars 20.27508 billion, said State Bank of Pakistan (SBP).SBP's weekly statement here on Thursday said the foreign reserves held by State Bank on January 29, amounted $ 15,



‘Karachi Kings’ faces ‘Quetta Gladiators’ today

2016-02-06 10:42:56

Today, ‘Karachi Kings’ will face off ‘Quetta Gladiators’ in their high-voltage Pakistan Super League (PSL), at Dubai International Stadium.The two teams have been led by Shoaib Malik and Sarfaraz Ahmed respectively while international T20 sta


DR Congo aim for second CHAN title

2016-02-06 10:35:18

NAIROBI: The Democratic Republic of Congo aim to become the first side to lift the African Nations Championship twice when they play Mali in the final in Rwanda on Sunday.The match brings an intriquing climax to the three-week long tournament organis


Jansrud captures downhill in Jeongseon

2016-02-06 10:36:33

JEONGSEON: Kjetil Jansrud of Norway captured Alpine ski World Cup men's downhill race in South Korea on Saturday for his first downhill victory of the season.The 2014 Olympic downhill bronze medalist posted the time of 1 min 41.38 sec to win the



Why Salman become Sonam's favourite co-star

2016-02-06 09:39:11

Bollywood actress Sonam Kapoor expressed that her ‘Prem Ratan Dhan Payo’ co-star Salman Khan is her favourite, and terms him ‘bloody hot’.According to Indian express, the actress, who was launching a song from her upcoming film ‘Neerja’ a


SRK to land up in trouble again

2016-02-06 08:05:39

Bollywood super star Shah Rukh Khan has faced since his comment last year comes from the Vishwa Hindu Parishad (VHP) which is protesting the ongoing shooting of his upcoming movie ‘Raees’ in Gujarat.According to DNA India report, Vishwa Hindu Par


'Intizar Hussain towering personality of literature'

2016-02-03 13:25:23

MULTAN: Diction used by different female characters in novels of iconic writer Intizar Hussain is beautiful and decent.He also highlighted strong belief of women in superstitions through female characters besides their other behaviours.Head of Urdu D



European stock markets stable at open

2016-02-05 12:33:38

LONDON: Europe's main stock markets were steady in initial trading on Friday, at the end of another volatile week for equities.London's FTSE 100 benchmark index gained 0.1 percent to 5,903.5 points compared with Thursday's close.In the eu


EM ASIA FX-Weekly Asia FX gains seen ahead of US jobs data

2016-02-05 11:20:25

SINGAPORE: Most emerging Asian currencies rose on Friday ahead of US jobs data due to be released later in the global day, leaving them set to post another week of gains on speculation that the Federal Reserve will raise interest rates more slowly th


Argentina offers $6.5bn to 'holdout' creditors

2016-02-06 09:24:53

NEW YORK: Argentina's new government has offered $6.5 billion to settle its long debt battle with "holdout" creditors, US mediator Daniel Pollack said Friday.The offer was made in New York talks with hedge funds and other creditors who have deman