Last update: Sat, 13 Feb 2016 11am

Business & Finance

Apple to launch 4-inch iPhone 5se & iPad Air 3 in March

2016-02-13 06:59:10

Apple Inc, is at the moment all set to introduce its next inline iPhone and iPad model on March 15th, while it also target to start selling its upcoming devices in the same week of launch.According to 9to5Mac, the Cupertino based tech, would introduc


Barclays aggressively cuts dollar/yen forecasts amid sharp falls

2016-02-12 10:02:20

LONDON: Barclays aggressively cut its dollar/yen forecasts on Friday, saying the greenback will fall to 95 yen by the end of the year - more than 20 percent lower than the 120 yen previously reckoned - after a surge in the Japanese currency. The Brit


JGBs slip on profit taking, yields pull away from record lows

2016-02-12 05:48:34

TOKYO: Japanese government bond prices slipped on Friday as profit taking emerged after a volatile week that saw debt yields sink to record lows. The benchmark 10-year JGB yield was up 6 basis points at 0.065 percent. The 10-year yield had dropped to



NY cop found guilty in 2014 fatal shooting of unarmed black man

2016-02-12 04:54:54

NEW YORK: A jury on Thursday found a rookie New York police officer guilty of manslaughter in the 2014 fatal shooting of an unarmed black man -- an incident that fueled US protests against police tactics.Peter Liang now faces up to 15 years in prison


Venezuela high court sides with Maduro on economic decree

2016-02-12 06:35:06

CARACAS: Venezuela's Supreme Court on Thursday declared that President Nicolas Maduro's request for special powers to tackle the country's deep economic crisis was legal, dismissing the opposition-controlled legislature's vote against


EU gives Greece three months to strengthen border against migrants: sources

2016-02-12 11:41:37

BRUSSELS: EU member states on Friday gave Greece a three-month ultimatum to remedy "deficiencies" in controlling the influx of migrants or face border controls with the rest of the Schengen passport-free zone, EU sources said.Greece has one month to



Steps being taken to attract foreign investment: Jatoi

2016-02-11 19:21:34

ISLAMABAD: Minister for Industries and Production, Ghulam Murtaza Khan Jatoi here on Thursday said government was taking appropriate steps to attract foreign investment in country.Talking to Ambassador of Japan to Pakistan, Hiroshi Inomata who met wi


PIA announces reduction in fares

2016-02-10 14:58:19

ISLAMABAD: Pakistan International Airlines (PIA) has reduced its fares on domestic and major international flights, including Umra fares, with immediate effect.Decision to this effect has been taken to stabilize unrealistic hike in fares and to facil


Pak forex figure US $ 20.196bn

2016-02-11 14:39:58

KARACHI: Total liquid foreign exchange reserves of the country stand at US $ 20.196 billion, said State Bank of Pakistan (SBP). An SBP's weekly statement here on Thursday stated the foreign reserves held by State Bank on Feb 5 were US $ 15,341 mi



Pakistani umpire banned by BCCI

2016-02-12 12:23:17

Pakistani cricket umpire Asad Rauf has been banned for five years by the Board of Control for Cricket in India (BCCI), after he was found guilty of "misconduct and corruption".According to Times of India, "Mr. Asad Rauf has been banned for a period o


Rooney, Martial set sights on fragile Sunderland

2016-02-12 05:28:55

SUNDERLAND: Manchester United will face the worst defence in the Premier League on Saturday, which should have their strike-force of Wayne Rooney and Anthony Martial licking their lips in anticipation.Sunderland have conceded 49 goals so far this sea


Reavie grabs Pebble Beach first-round lead

2016-02-12 05:31:01

LOS ANGELES: American Chez Reavie fired an eight-under-par 63 on Thursday to upstage major champions Jordan Spieth and Jason Day in the first round of the PGA Tour Pebble Beach Pro-Am.Reavie fired an eagle and seven birdies with one bogey on the par-



Confirmed! Salman Khan will return as Bigg Boss 10

2016-02-12 10:09:59

Well, every year there is lot of speculation about Bollywood superstar Salman Khan quitting the Bigg Boss reality show. But, for all the fans of Salman Khan we have good news for you, according to media reports, Salman Khan will be hosting the season


Why Kareena and Parineeti refused Hrithik

2016-02-12 11:11:24

Bollywood A-list heroines like Kareena Kapoor Khan and Parineeti Chopra rejected the offer to star opposite the “Bang Bang” actor Hrithik Roshan.Yami Gautam has now been signed to play the lead opposite Hrithik Roshan in ‘Kaabil’. According T


'Harry Potter and the Cursed Child' to hit shelves this summer

2016-02-11 09:58:13

Great news for all the Potter fans out there! A new Harry Potter book is in the line and will be available to fans at midnight on July 31, coinciding with Harry Potter's birthday.The book titled Harry Potter and the Cursed Child Parts I & II



China next in line of fire as Hong Kong stocks sink to 3-1/2-year low

2016-02-12 10:09:15

HONG KONG: A near 7 percent slump in China shares listed in Hong Kong this week and meltdown in financial markets globally is putting investors on edge ahead of the reopening of mainland China markets on Monday after the long Lunar New Year holiday.


Kenyan shilling steady, seen firming

2016-02-12 09:59:37

NAIROBI: Kenya's shilling was steady on Friday and traders said they saw it gaining ground, helped by muted dollar demand and foreign currency inflows from sectors like agriculture and tourism.At 0929 GMT, commercial banks quoted the shilling at


German bond yields sink as Fed seen cautious on rates

2016-02-11 13:52:42

LONDON: Europe's benchmark German bond yields tumbled to the lowest in over nine months on Thursday after US Federal Reserve Chair Janet Yellen flagged market turmoil and a slowdown in China which could limit further rate rises in the world's