Last update: Sat, 06 Feb 2016 02pm

Business & Finance

Samsung kills Galaxy S7 Edge+ amid fans backlash

2016-02-06 08:44:14

The technology giant Samsung has cancelled its plans to launch Samsung Galaxy S7 Edge+ handset for UK. The decision came amid backlash from the loyal Note fans. However, it remained unclear whether the South Korean mobile maker, is pulling out the ha


Swiss bank Julius Baer says deal done with US on tax-dodging case

2016-02-05 12:31:23

ZURICH: Swiss private bank Julius Baer said Friday it had finalised an agreement with US authorities, paying $547 million to end a criminal investigation into claims that it helped rich Americans dodge taxes."Being able to close this regrettable lega


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


UK press takes swipe at Assange and UN panel

2016-02-06 08:56:45

LONDON: British newspaper columnists on Saturday took aim at Julian Assange and the UN panel that found the anti-secrecy campaigner had been "arbitrarily detained".The WikiLeaks founder, who faces a rape allegation in Sweden, urged Britain to let him



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,



Late Santner blast gets New Zealand to 281-9

2016-02-06 08:50:39

WELLINGTON: A late 45 by Mitchell Santner rescued the batting for New Zealand, allowing them to post 281-9 in the second one-day international against Australia in Wellington on Saturday. Santner put on a 61-run partnership with Adam Milne (36) to en


Pellegrini plays down City's summit meeting

2016-02-06 09:11:50

LONDON: Manuel Pellegrini says Manchester City will still have a good chance to win the Premier League even if they lose their summit meeting with surprise leaders Leicester.Pellegrini's side are three points behind Leicester ahead of Saturday


Ko moves into tie for LPGA lead

2016-02-06 09:10:29

MIAMI: World number one Lydia Ko was tied for the lead with Jang Ha-Na at seven-under par when darkness halted play in the third round of the LPGA Coates Championship.New Zealand's Ko and second round leader Jang, of South Korea, both completed s



Carnival opens in Rio, defying growing Zika fears

2016-02-06 08:53:35

RIO DE JANEIRO: Rio's Carnival -- a five day festival of dancing, bared flesh and wild costumes -- go underway in the face of warnings that the Zika virus might make even kissing dangerous.Mayor Eduardo Paes handed a big golden key to the city to


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


Poland sells 7.5bn zlotys bonds at auction

2016-02-04 13:28:35

WARSAW: Poland sold a total of 7.5 billion zlotys ($1.90 billion) in zero-coupon bonds due October 2018 and fixed-rate bonds due July 2026, the finance ministry said in a statement on Thursday. This consisted of 3.64 billion zlotys in the zero-coupon