HONG KONG: Asian markets extended their rout and the dollar hit 15-month lows against the yen Thursday after Federal Reserve boss Janet Yellen raised
PARIS: Shares on the French and German stock exchanges fell sharply in early trading Thursday, dipping below three percent, over oil price worries and
MUNICH: Russia said Thursday it was ready to discuss a ceasefire in Syria as foreign ministers gathered in Munich in a bid to kick-start peace talks d
ZURICH: Zurich Insurance on Thursday reported "disappointing" 2015 results hit by costs linked to the industrial disaster in Tianjin, China, and said
STOCKHOLM: Sweden's central bank on Thursday cut its key interest rate ...
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI), while a...
BERLIN: Hertha Berlin ended their 35-year wait to reach the German Cup semi...
HONG KONG: Hong Kong stocks plunged nearly four percent Thursday as dealers...
LONDON: Sterling weakened against a rising dollar on Wednesday after prepar...
The facts are hard to digest but Twitter Inc, one of the planet’s most popular websites is losing customers.The social media platform revealed that it lost 2 million users in the last three months of 2015. Twitter shares plummeted as much as 12 per
STOCKHOLM: Sweden's central bank on Thursday cut its key interest rate by 15 basis points to a new all-time low of -0.5 percent, citing the risk of slowing inflation and falling confidence in its monetary policy.The bank moved its key rate into n
NEW YORK: US Treasuries prices rose on Tuesday as investors concerned about slowing global growth continued to shun stocks, adding interest in safe-haven U.S. government debt.Yields on U.S. Treasuries fell on investor caution about the likelihood of
LOS ANGELES: Los Angeles, sometimes called the homeless capital of America, adopted a $1.87 billion plan Tuesday to help its 44,000 down-and-out people without homes.The 10-year plan adopted by the city council, with the ambitious goal of ending LA
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
ATHENS: Three Greek navy personnel were missing Thursday after their helicopter crashed into a small islet in the Aegean Sea during an exercise, the defence ministry said.Commando units recovered the wreckage near the Dodecanese islet of Kinaros, but
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI), while acknowledging the meritorious services of outgoing Ambassadors, including Dean of the Diplomatic Corps and Argentine Ambassador, Rodolfo J. Martin-Saravia who served for twelve
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
KARACHI: Overseas Pakistani workers remitted $ 11.2 billion in first seven months (July to January) of 2015-16; showing a growth of 6 percent compared to $ 10.566 billion received during the same period in the preceding year.During January 2016, the
JOHANNESBURG: South Africa have named fast bowler Dale Steyn in their 15-man squad for the World Twenty20 in India next month, but will ask him to prove his fitness following a debilitating shoulder injury.Steyn, a key component of the South African
BERLIN: Hertha Berlin ended their 35-year wait to reach the German Cup semi-finals on Wednesday as Japan midfielder Genki Haraguchi sealed their 3-2 win at snowy second-division side Heidenheim.The hosts took an early lead when defender Arne Feick wa
A.R. RAHMAN (ALLAH-RAKHA RAHMAN): Known for his remarkable music compositions, the legendary Indian music producer/singer/songwriter was born, in a Hindu household, as Dileep Kumar. While his mother, inspired by Sufism, belonged to an Islamic family
Sonam Kapoor’s ‘Neerja’, has been banned in Pakistan, based on real incidents during the hijacking of the Pan Am Flight 73 at the Karachi airport in 1986.According to Indian Express report, Mobasher Hasan, who heads the Central Board of Film Ce
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
HONG KONG: Hong Kong stocks plunged nearly four percent Thursday as dealers returned from a three-day Lunar New Year holiday to play catch-up with a worldwide market rout fuelled by concerns over the global economy.On the first day of trading of the
LONDON: Sterling weakened against a rising dollar on Wednesday after prepared remarks from U.S. Federal Reserve Chair Janet Yellen suggested that interest rate hikes in coming months remain a possibility.Yellen said there are good reasons to believe
NEW YORK: US Treasury yields increased on Wednesday as stock markets stabilized, reducing demand for safe haven debt, and before the United States is due to sell $23 billion in new 10-year notes. European stocks rebounded as concerns about the health