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Print - 2015-07-25
Maintaining good neighbourly ties in region top priority: Fatemi

Maintaining good neighbourly ties in region top priority: Fatemi

The Special Assistant to the Prime Minister on Foreign Affairs Syed Tariq Fatemi on Thursday spoke at the Heritage Foundation, Washington DC on " Promoting Regional Peace, Security and Prosperity: Challenges and Opportunities". The event was moderated by
Published 25 Jul, 2015 12:00am
Post-JC report: PML-N government must show humility: Khursheed

Post-JC report: PML-N government must show humility: Khursheed

Leader of Opposition in the National Assembly Syed Khursheed Ahmed Shah has said that after the report of Judicial Commission, Pakistan Muslim League-Nawaz (PML-N) government must show humility. "Things can take an ugly turn any time hence the government
Published 25 Jul, 2015 12:00am
Banned outfit: two commanders lay down arms in Loralai

Banned outfit: two commanders lay down arms in Loralai

Two commanders of a banned outfit along with their accomplices surrendered themselves to Government of Balochistan in District Loralai. The spokesman of Frontier Corps Balochistan said on Friday that two commanders of banned outfit Harzar Kahn Mari and Hy
Published 25 Jul, 2015 12:00am
Pakistan for comprehensive plan to defeat IS

Pakistan for comprehensive plan to defeat IS

With the Islamic State militant group now posing greater security threat, Pakistan has called for comprehensive strategy to defeat this movement, "motivated by an ideology of hate and gruesome violence." At the same time, Ambassador Maleeha Lodhi urged th
Published 25 Jul, 2015 12:00am
PTCL restores communication services in Chitral

PTCL restores communication services in Chitral

Pakistan Telecommunication Company Limited (PTCL) has restored the communication services in flood-hit Chitral area. Despite heavy rains and challenging weather conditions, PTCL special teams have worked diligently during Eid holidays to connect the affec
Published 25 Jul, 2015 12:00am
Illegal use of LPG by PSVs on the rise

Illegal use of LPG by PSVs on the rise

Despite the ban by Oil and Gas Regulatory Authority (Ogra) on the use of Liquefied Petroleum Gas (LPG) in private as well as Public Service Vehicles (PSVs), there is rapid increase in illegal use of the commodity by such vehicles. According to sources in
Published 25 Jul, 2015 12:00am
Asfandyar demands reference against PTI leadership

Asfandyar demands reference against PTI leadership

Terming the report of Judicial Commission in election rigging case as an important development for sustainability of democracy, ANP Central president Asfandyar Wali Khan demanded of the government to file a reference against PTI leadership for taking ille
Published 25 Jul, 2015 12:00am
The weather challenge and our response

The weather challenge and our response

That rains and floods have wreaked havoc in various parts of the country, particularly Chitral and southern Punjab, is a fact that has found its best expression in dozens of swept away suspension bridges, uprooting of road networks and massive damage to c
Published 25 Jul, 2015 12:00am
Dreaming of Europe: One migrant's trek through the Sahara

Dreaming of Europe: One migrant's trek through the Sahara

Thousands of desperate African migrants embark on the treacherous journey through the Sahara desert each year. They risk their lives to realize a vague dream of a better life in Europe. Omar Sow is one of them. Omar Sow is stuck. He spent his last penny t
Published 25 Jul, 2015 12:00am
Greek business exodus to 'safe haven' Bulgaria
Currency

Greek business exodus to 'safe haven' Bulgaria

Faced with a deep economic crisis at home, at least 11,000 Greek companies have found a safe haven in neighbouring low-wage Bulgaria - the poorest member of the European Union. "We have stability here: reliable taxation, sound legislation and a positive e
Published 25 Jul, 2015 12:00am
The economics of ignorance
Currency

The economics of ignorance

Governments are not answerable to anyone either for their inefficiency or their inadequate performance. With nearly forty years of serving the country one comes to the conclusion that there are a number of missing elements in governance. The good-bad gove
Published 25 Jul, 2015 12:00am
The unresolved moon sighting controversy

The unresolved moon sighting controversy

Mufti Shahabuddin Popalzai of Peshawar's Qasim Ali Khan masque seems to think he is in competition with the official Ruet-e-Hilal Committee, and that in order to win every time he must declare Eid day ahead of the official committee. The Mufti came out on
Published 25 Jul, 2015 12:00am
The verdict on vote rigging allegations

The verdict on vote rigging allegations

Much to the relief of the Nawaz Sharif government the judicial inquiry commission tasked to determine fairness or otherwise of the 2013 general election has given it what looks like a clean chit. After hearing Pakistan Tehreek-e-Insaf and others who conte
Published 25 Jul, 2015 12:00am
Flood relief: Shahbaz directs institutions to work round-the-clock

Flood relief: Shahbaz directs institutions to work round-the-clock

Punjab Chief Minister Muhammad Shahbaz Sharif has directed that concerned provincial and federal institutions should work round the clock for the relief of flood victims. He said that cabinet committee on flood should remain in flood affected areas and al
Published 25 Jul, 2015 12:00am
President gives assent to 2 bills

President gives assent to 2 bills

President Mamnoon Hussain on Friday gave assent to two bills which were passed by the Senate on Legal Practitioners and Seed Amendment. The President on a summary initiated by Senate Secretariat approved the Prime Minister's advice and accorded assent to
Published 25 Jul, 2015 12:00am
Girls bag top three positions in SSC exams

Girls bag top three positions in SSC exams

Girls excel in Secondary School Certificate (SSC) Annual Examination 2015 as top three positions were bagged by girls, however third position was shared by three students including a boy. Board of Intermediate and Secondary Education (BISE) Lahore on Frid
Published 25 Jul, 2015 12:00am
Gunvor set to clinch majority of gasoline tender into Pakistan

Gunvor set to clinch majority of gasoline tender into Pakistan

Energy trading house Gunvor is set to supply the bulk of a gasoline tender into Pakistan after placing the lowest offers for 10 out of 12 cargoes, industry sources said. Gunvor placed the lowest offer of between $112.90 a tonne and $139.30 a tonne above M
Published 25 Jul, 2015 12:00am
Rangers, FIA raid KMC head-office, seize files

Rangers, FIA raid KMC head-office, seize files

The Paramilitary Rangers and Federal Investigation Agency (FIA) on Friday conducted raid at Karachi Metropolitan Corporation's Land and Revenue and Engineering departments located in Civic Centre here. According to sources, the officials took along them s
Published 25 Jul, 2015 12:00am
CM condoles death

CM condoles death

Punjab Chief Minister Muhammad Shahbaz Sharif has expressed deep sense of sorrow and grief over the death of Dr Tariq Bucha, former cricket commentator. In a condolence message, the Chief Minister prayed that may Allah Almighty rest the departed soul in e
Published 25 Jul, 2015 12:00am
Executions to resume from July 27

Executions to resume from July 27

After remaining suspended during the holy month of Ramazan, executions in the country will begin from July 27. The Sessions Court has issued death warrants of four death row convicts Farooq alias Farooqa, Karim Nawaz alias Ramzan, Muhammad Akhtar and Nayy
Published 25 Jul, 2015 12:00am
PPP will not accept government officers as ROs: Wattoo

PPP will not accept government officers as ROs: Wattoo

President of the Pakistan People's Party Punjab has demanded of the Election Commission of Pakistan to appoint returning officers from the Judiciary and made it clear that his party will never accept Punjab government officers as returning officers (ROs)
Published 25 Jul, 2015 12:00am
FCCI welcomes decision of JC

FCCI welcomes decision of JC

Decision of Judicial Commission has stamped bona-fide of general elections-2013 and will certainly give strength to the democratically elected government to work with a renewed commitment and vigour for the progress, prosperity and solidarity of Pakistan.
Published 25 Jul, 2015 12:00am
Plan to smuggle out foreign currency foiled

Plan to smuggle out foreign currency foiled

The staff of Model Customs Collectorate (MCC) Preventive, posted at Jinnah International airport, claimed to have recovered different foreign currencies equivalent to US $27000 from a passenger. According to details, action was taken on a tipoff, which re
Published 25 Jul, 2015 12:00am
MQM to challenge Imran's qualification as MNA

MQM to challenge Imran's qualification as MNA

Muttahida Qaumi Movement (MQM) on Friday announced to challenge qualification of Chairman Pakistan Tehreek-i-Insaf (PTI) Imran Khan as Member of Parliament. MQM will challenge his qualification under Article 62 of the constitution, MQM leader Khalid Maqbo
Published 25 Jul, 2015 12:00am
Former CJP Iftikhar Chaudhry to launch political party

Former CJP Iftikhar Chaudhry to launch political party

Former Chief Justice of Pakistan Iftikhar Muhammad Chaudhry has announced that he is going to launch his own political party. "I am launching my own political party," Chaudhry, who earned himself a reputation by facing off with the powerful military dicta
Published 25 Jul, 2015 12:00am
Worker dies in protest by Chilean miners

Worker dies in protest by Chilean miners

A worker died during protests as part of a strike against Chile's state mining company Codelco, officials said Friday. A union said the man was shot in the leg by riot police and later died of a heart attack. Authorities confirmed police had opened fire o
Published 25 Jul, 2015 12:00am
Pentagon chief hails peshmerga as model for Iraq

Pentagon chief hails peshmerga as model for Iraq

Pentagon chief Ashton Carter said during a visit to Kurdistan Friday that the autonomous region's peshmerga force was a model for the rest of Iraq in its fight against jihadists. The US defence secretary, on the second day of his first visit to Iraq since
Published 25 Jul, 2015 12:00am
Ukraine makes crunch bond payment, staving off default

Ukraine makes crunch bond payment, staving off default

Ukraine on Friday made a crucial Eurobond interest payment that kept the war-torn country from slipping into technical default and potential isolation from global credit markets. Two sources close to the situation told AFP that money to cover the $120 mil
Published 25 Jul, 2015 12:00am
Britain needs to stay in EU to support transatlantic ties: Obama

Britain needs to stay in EU to support transatlantic ties: Obama

US President Barack Obama said he wants Britain to stay in the European Union and help maintain the post-war transatlantic partnership, prompting angry responses from Eurosceptic lawmakers in London. "Having the United Kingdom in the European Union gives
Published 25 Jul, 2015 12:00am
'Embarrassing' if Congress rejects Iran deal: Kerry

'Embarrassing' if Congress rejects Iran deal: Kerry

US Secretary of State John Kerry said Friday it would be embarrassing to him and a blow to US credibility on the world stage if Congress rejects the Iran nuclear deal. "Do you think the ayatollah is going to come back to the table if Congress refuses this
Published 25 Jul, 2015 12:00am
Burundi president wins controversial third term

Burundi president wins controversial third term

Burundian President Pierre Nkurunziza was Friday declared the outright winner of controversial elections, handing him a third consecutive term at the helm of the central African nation despite opposition protests and international condemnation. Nkurunziza
Published 25 Jul, 2015 12:00am
Anthem to buy Cigna to create biggest US health insurer

Anthem to buy Cigna to create biggest US health insurer

Anthem Inc said on Friday it would buy Cigna Corp for about $54.2 billion, a deal that would create the largest US health insurer by membership and accelerate the consolidation of an industry from five national players to three. The proposed acquisition -
Published 25 Jul, 2015 12:00am
Rajapaksa comeback bid checked by Sri Lanka bribery probe

Rajapaksa comeback bid checked by Sri Lanka bribery probe

Sri Lanka is investigating a Chinese firm on suspicion of offering a bribe to Mahinda Rajapaksa's failed presidential re-election campaign, a source close to the investigation said, weeks before he seeks to pull off a comeback in a general election.
Published 25 Jul, 2015 12:00am
'Drifter' gunman kills two, himself in cinema rampage

'Drifter' gunman kills two, himself in cinema rampage

A "drifter" with anti-government views randomly killed two women in a Louisiana movie theater and then took his own life as police closed in, authorities said Friday. The latest mass shooting to strike the United States came just hours after President Bar
Published 25 Jul, 2015 12:00am
Colombia's FARC denies seeking impunity for suspected war criminals

Colombia's FARC denies seeking impunity for suspected war criminals

Colombia's FARC guerrillas on Friday said they were not seeking impunity for members accused of war crimes in the decades-long conflict, Latin America's longest running insurgency. Speaking at a fresh round of peace talks in Havana aimed at ending the con
Published 25 Jul, 2015 12:00am
World's first malaria vaccine gets regulatory go-ahead

World's first malaria vaccine gets regulatory go-ahead

The world's first malaria vaccine got a green light on Friday from European drugs regulators who recommended it as safe and effective to use in babies in Africa at risk of the mosquito-borne disease. The shot, called Mosquirix and developed by British dru
Published 25 Jul, 2015 12:00am
Turkey confirms anti-IS deal with US on air base

Turkey confirms anti-IS deal with US on air base

Turkey's leaders on Friday confirmed a landmark deal with the United States on the use of a key air base near Syria, after Washington said American jets would be able to use the facility to launch raids against jihadists. Hurriyet daily said the agreement
Published 25 Jul, 2015 12:00am
Turkey stages first air strikes on IS in Syria

Turkey stages first air strikes on IS in Syria

Turkish warplanes attacked Islamic State targets in Syria for the first time on Friday, with President Tayyip Erdogan promising more decisive action against both the jihadists and Kurdish militants at home. The air strikes, which followed a phone conversa
Published 25 Jul, 2015 12:00am
Cotton falls on macro factors for fourth straight weekly loss
Cotton

Cotton falls on macro factors for fourth straight weekly loss

Benchmark cotton futures on ICE fell on Friday on pressure from a stronger dollar and weakness across the commodity markets, capping off a fourth straight weekly loss, the longest such streak for the second-month contract in nearly one year. "You've got a
Published 25 Jul, 2015 12:00am
Shanghai copper plunges

Shanghai copper plunges

Shanghai Futures Exchange copper also hit six-year lows and was last down 2.7 percent at 38,050 yuan ($6,129) a tonne on Friday with a survey showing a contraction in activity in China's factories fuelling worries over demand in the top metals consumer as
Published 25 Jul, 2015 12:00am
Copper tumbles to six-year low

Copper tumbles to six-year low

Copper slumped to the lowest levels in six years on Friday after weak factory data from top metals consumer China highlighted lacklustre demand that could send prices even lower. The losses on the London Metal Exchange wrapped up a week of persistent sell
Published 25 Jul, 2015 12:00am
Rubber down

Rubber down

Benchmark Tokyo rubber futures ended down 3.4 percent, the steepest decline in two weeks, dragged lower by weak Shanghai futures following sluggish Chinese factory activity data. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber
Published 25 Jul, 2015 12:00am
Soya falls on improving crop prospects; corn, wheat up

Soya falls on improving crop prospects; corn, wheat up

US soyabean futures fell on Thursday as improving weather in major Midwest growing areas increased expectations of ample production, traders said. Wheat futures firmed on a round of bargain buying and technical support, snapping a seven session losing str
Published 25 Jul, 2015 12:00am
Palm oil slips
Vegetable Oil

Palm oil slips

Malaysian palm oil futures inched lower on Friday, falling for a third straight session as quiet trading continued following the Muslim fasting month of Ramazan holiday period. By Friday's close, benchmark palm oil for October delivery on Bursa Malaysia D
Published 25 Jul, 2015 12:00am
Cocoa, sugar fall
Currency

Cocoa, sugar fall

Cocoa futures on ICE fell on Friday, on pressure from heavy speculative selling and a commodity-wide selling spree, while raw sugar turned sharply lower, falling to a one-month low on pressure from the currency in top grower Brazil. Arabica coffee turned
Published 25 Jul, 2015 12:00am
Gold turns lower in New York

Gold turns lower in New York

Gold turned lower on Thursday, dipping back below $1,100 an ounce as a steeper-than-forecast drop in US jobless claims helped the dollar recover from earlier lows, though prices remained under pressure after this week's plunge. Gold posted its deepest one
Published 25 Jul, 2015 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on July 22nd, 2015.

Published 25 Jul, 2015 12:00am
Gold slips in Asia

Gold slips in Asia

Gold slid more than 1 percent to its lowest since early 2010 on Friday, on course for its biggest weekly loss in nine months, as upbeat US jobs data helped deepen this week's rout and fuelled fears the metal still has some way to fall. A breach of key sup
Published 25 Jul, 2015 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on July 22nd, 2015.

Published 25 Jul, 2015 12:00am
Gold hits 5-1/2-year low in Europe

Gold hits 5-1/2-year low in Europe

Gold slid more than 1 percent on Friday to its lowest since early 2010 as fresh strength in the dollar prompted another wave of selling, putting the metal on course for its biggest weekly loss in nine months. Prices have been under pressure since tumbling
Published 25 Jul, 2015 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on July 22nd, 2015.

Published 25 Jul, 2015 12:00am
US MIDDAY: corn soya and wheat down

US MIDDAY: corn soya and wheat down

US corn futures were on track for their biggest weekly decline in a year on improving prospects in the Midwest during the crop's key growth phase, raising expectations for a bumper harvest. Soyabean and wheat futures also fell on chart-based selling and s
Published 25 Jul, 2015 12:00am
The Weather

The Weather

The weather report on Friday (July 24, 2015) and the forecast for Saturday (July 25, 2015).

Published 25 Jul, 2015 12:00am
US MIDDAY: gold climbs

US MIDDAY: gold climbs

Gold turned higher after sliding more than 1 percent to its lowest since early 2010 on Friday, as the dollar fell from its highs and US stocks extended losses, but the precious metal was on track to see the biggest weekly decline since March. Spot gold hi
Published 25 Jul, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (July 24, 2015).

Published 25 Jul, 2015 12:00am
Oil falls to lowest close since March, down a fourth week

Oil falls to lowest close since March, down a fourth week

Brent and US crude futures settled on Friday at their lowest since March and posted their fourth straight weekly decline as weak economic data from China and a rise in US oil drilling rigs applied pressure. US energy firms added 21 oil rigs this week afte
Published 25 Jul, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (July 24, 2015).

Published 25 Jul, 2015 12:00am
PFA continues drive against adulterated milk, food outlets

PFA continues drive against adulterated milk, food outlets

The Punjab Food Authority (PFA) continued its campaign against adulterated milk and food outlets selling substandard items here on Friday. Field teams checked milk-carrying vehicles entering Lahore and inspected kitchens of two hotels and other food outle
Published 25 Jul, 2015 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 25 Jul, 2015 12:00am
LB polls in Punjab: party tickets to be given to sincere workers: Hamza

LB polls in Punjab: party tickets to be given to sincere workers: Hamza

Central PML-N leader Hamza Shahbaz MNA has said that party tickets for local bodies elections in Punjab will be given to those workers who did not leave the party during worst period of dictatorship.He said the PML-N is ready to support its committed work
Published 25 Jul, 2015 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 25 Jul, 2015 12:00am
Shahbaz reviews Khadim-e-Punjab Rural Roads Programme

Shahbaz reviews Khadim-e-Punjab Rural Roads Programme

Punjab Chief Minister Shahbaz Sharif has said that Khadim-e-Punjab Rural Roads Programme is of vital importance for promotion of rural economy and there is need for collective efforts to make this historic programme successful. He said a huge amount of 15
Published 25 Jul, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (July 24, 2015).

Published 25 Jul, 2015 12:00am
UK Minister meets Punjab chief minister

UK Minister meets Punjab chief minister

British Minister of State for International Development Desmond Angus Swayne called on Punjab Chief Minister Shahbaz Sharif here on Friday. Matters regarding promotion of cooperation in education, health, skill development and other sectors were discussed
Published 25 Jul, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (July 24, 2015)

Published 25 Jul, 2015 12:00am
Arrangements for FCCI election reviewed

Arrangements for FCCI election reviewed

The Election Commission will discharge its obligations strictly in accordance with the FCCI Memorandum and Articles of Association to ensure election of FCCI for 2015-16 fair, free and impartial, said Shahid Ahmed Sheikh, Senior Member, FCCI Election Comm
Published 25 Jul, 2015 12:00am
British minister visits Kashf training centre

British minister visits Kashf training centre

British Minister of State for International Development from the Department for International Development (DFID) Desmond Swayne along with Ali Sarfaraz CEO of the Punjab Skills Development Fund (PSDF), and Roshaneh Zafar, Managing Director of Kashf Founda
Published 25 Jul, 2015 12:00am
Clarification by Railways

Clarification by Railways

"It is clarified with reference to the editorial carried by Business Recorder dated 11.07.2015 on railway losses that the said editorial is based on a draft report of Auditor General of Pakistan (AGP) which is yet to be approved by the President of
Published 25 Jul, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 24, 2015).

Published 25 Jul, 2015 12:00am
LCCI for exempting all filers from 0.3 percent WHT

LCCI for exempting all filers from 0.3 percent WHT

The Lahore Chamber of Commerce and Industry (LCCI) on Friday urged the government to exempt all filers from 0.3 percent withholding tax imposed on all banking transactions, as it would encourage non-filers to come into the tax net and government would ach
Published 25 Jul, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 24, 2015).

Published 25 Jul, 2015 12:00am
KBP calls for building new dams

KBP calls for building new dams

The Kisan Board Pakistan has urged the government to build new dams to save rain and flood water from being wasted and stop havoc with crops, livestock and life and property of the rural population. Board President Sadiq Khan Khakwani talking to a delegat
Published 25 Jul, 2015 12:00am
Elahi for KBD construction to ensure safety against flood

Elahi for KBD construction to ensure safety against flood

PML-Q leader Chaudhry Parvez Elahi has urged the government to construct the Kalabagh Dam immediately to ensure permanent safety against floods. He said, "The dam construction is must and a permanent solution to resolve the electricity crisis, water short
Published 25 Jul, 2015 12:00am
US air strike kills senior al Qaeda commander in Afghanistan

US air strike kills senior al Qaeda commander in Afghanistan

A US air strike in Afghanistan killed a senior Al-Qaeda commander, the Pentagon said Friday, in the latest blow to the worldwide militant network struggling with the rise of the Islamic State group. The attack, which occurred in Paktika province on July 1
Published 25 Jul, 2015 12:00am
THE RUPEE: little changes
Currency

THE RUPEE: little changes

The rupee moved with slight fluctuations against the dollar on the money market on Friday, dealers said. The rupee shed two-paisa versus the dollar for buying and selling at Rs 101.84 and Rs 101.85 respectively, they said.
Published 25 Jul, 2015 12:00am
US air strike kills senior al Qaeda commander in Afghanistan

US air strike kills senior al Qaeda commander in Afghanistan

A US air strike in Afghanistan killed a senior Al-Qaeda commander, the Pentagon said Friday, in the latest blow to the worldwide militant network struggling with the rise of the Islamic State group. The attack, which occurred in Paktika province on July 1
Published 25 Jul, 2015 12:00am
THE RUPEE: little changes
Currency

THE RUPEE: little changes

The rupee moved with slight fluctuations against the dollar on the money market on Friday, dealers said. The rupee shed two-paisa versus the dollar for buying and selling at Rs 101.84 and Rs 101.85 respectively, they said.
Published 25 Jul, 2015 12:00am
Afghan-Taliban peace talks likely in China next week

Afghan-Taliban peace talks likely in China next week

Afghan officials said Friday they will meet Taliban insurgents next week for a second round of talks aimed at ending 13 years of war, pledging to press for a ceasefire in negotiations likely to be held in China. The Afghan government conducted its first f
Published 25 Jul, 2015 12:00am
Afghan-Taliban peace talks likely in China next week

Afghan-Taliban peace talks likely in China next week

Afghan officials said Friday they will meet Taliban insurgents next week for a second round of talks aimed at ending 13 years of war, pledging to press for a ceasefire in negotiations likely to be held in China. The Afghan government conducted its first f
Published 25 Jul, 2015 12:00am
Traders divided over strike against bank levy

Traders divided over strike against bank levy

Traders are divided over whether to stage a fresh nationwide strike following a call by a faction of the Anjuman-e-Tajran Pakistan, led by Naeem Mir, for a general strike on August 1 against the 0.3 advance withholding tax on banking transactions of non-f
Published 25 Jul, 2015 12:00am
Traders divided over strike against bank levy

Traders divided over strike against bank levy

Traders are divided over whether to stage a fresh nationwide strike following a call by a faction of the Anjuman-e-Tajran Pakistan, led by Naeem Mir, for a general strike on August 1 against the 0.3 advance withholding tax on banking transactions of non-f
Published 25 Jul, 2015 12:00am
Traders divided over strike against bank levy

Traders divided over strike against bank levy

Traders are divided over whether to stage a fresh nationwide strike following a call by a faction of the Anjuman-e-Tajran Pakistan, led by Naeem Mir, for a general strike on August 1 against the 0.3 advance withholding tax on banking transactions of non-f
Published 25 Jul, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (July 24, 2015).

Published 25 Jul, 2015 12:00am
Greece loosens capital controls on foreign payments

Greece loosens capital controls on foreign payments

Greece on Friday partially relaxed the capital controls introduced nearly a month ago to protect the debt-crippled country from financial collapse, giving some much-needed relief to firms that do business abroad. Bank of Greece chief Yannis Stournaras sai
Published 25 Jul, 2015 12:00am
Greece loosens capital controls on foreign payments

Greece loosens capital controls on foreign payments

Greece on Friday partially relaxed the capital controls introduced nearly a month ago to protect the debt-crippled country from financial collapse, giving some much-needed relief to firms that do business abroad. Bank of Greece chief Yannis Stournaras sai
Published 25 Jul, 2015 12:00am