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Last update: Wed, 04 May 2016 04pm

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Pakistan army courts sentence 11 Taliban militants to death ISLAMABAD: Pakistan military courts have sentenced eleven Taliban militants to death for terrorism-related offences, the army said Tuesday.The nation has hanged hundreds of people -- 326 last year alone -- since lifting a moratorium on the death penalty in December 2014.The "hardcore terrorists" had been convicted of offences including killing and kidnapping civilians, attacks on the armed forces and police, and destruction of schools and communications infrastructure, an army statement said.The 11 belonged to the Tehreek-e-Taliban Pakistan which is waging a bloody insurgency against the military and the government.Pakistan has been battling a homegrown Islamist insurgency for over a decade following its decision to side with the US-led coalition which toppled the Taliban in neighbouring Afghanistan. Since June 2014 its troops have been engaged in a full-scale offensive against Taliban and other militants in the North Waziristan and Khyber tribal districts in the northwest.The fight gained renewed impetus following a ...

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Kenyan shilling jumps to nine-month high NAIROBI: The Kenyan shilling strengthened to its highest level in nine months on Tuesday as poor demand for dollars spurred a dollar sell-off by banks and non-governmental organisations.AT 1040 GMT, commercial banks posted the shilling at 100.80/90, up from 101.05/15 at the close of Friday.Traders said the shilling was likely to trade in a narrow band of 100.50-101.20 over the next few days.Copyright Reuters, 2016

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Soybeans hit 15-month high on Argentina losses, weak dollar PARIS/SINGAPORE: Chicago soybean futures rose on Tuesday to their highest in more than a year, as crop damage in Argentina and a falling dollar raised the prospect of continued demand for US supplies.Corn edged higher, despite favourable planting weather expected this week in the US Midwest, as the dollar's weakness was set to maintain a run of brisk export sales.Wheat also rose, tracking the other two crops, but gains were modest in view of decent ...

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China's CNOOC adding new tanks to expand Fujian LNG terminal BEIJING: China's biggest liquefied natural gas (LNG) importer CNOOC has started building two storage tanks at a receiving terminal in Fujian province for the super-chilled fuel, the official Xinhua news agency reported on Tuesday. The new tanks are part of a plan to increase the receiving capacity at the terminal in the southeast coastal province to 6.3 million tonnes a year, Xinhua said.CNOOC did not immediately respond to a request for comment about the project ...

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Britain's FTSE falls as mining stocks and HSBC lose ground LONDON: Britain's top shares index fell on Tuesday, weighed down by weakness in the mining sector after poor data, with financial stocks also hit by a fall in HSBC following results. The blue-chip FTSE 100 index was down 1.1 percent at 6,171.04 points. The index is about 13 percent below a record high reached in April 2015.Concerns about a slowdown in China, the world's second-largest economy and a leading consumer of commodities, have also hit ...