05272016Fri
Last update: Fri, 27 May 2016 07pm

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Pakistan confirms Mullah Mansour's death; Body not to be handed over till DNA result ISLAMABAD: Pakistan on Thursday confirming the death of Afghan Taliban leader Mullah Akhter Mansour in a drone strike said his body would not be handed over to anyone till result of the DNA."All indicators confirm that the person killed in the drone strike was Mullah Akhter Mansour who was travelling on a fake identity," Sartaj Aziz, Advisor to Prime Minister on Foreign Affairs told media persons here at the Foreign Office.The Advisor said the DNA test result would be available soon.Aziz, who made an unusual appearance at the weekly Foreign Office briefing instead of FO spokesman, responded to the queries mostly focusing on the hot issue of drone strike killing Mullah Akhter Mansour.Sartaj Aziz said the drone attack of May 21 had added to the complexity of the Afghan conflict."We believe that this action has undermined the Afghan peace process," he said."The drone action was a violation of Pakistan's sovereignty ...

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Korea A-bomb victims angered by Obama's Hiroshima visit SEOUL:A group representing Korean victims of the US atomic bombings of Japan protested Thursday that their suffering was being neglected ahead of President Barack Obama's historic visit to Hiroshima.The Association of Korean Atomic Bomb Victims estimates that anywhere between 40,000 and 70,000 Koreans died in Hiroshima and Nagasaki when atomic bombs laid waste to the two cities in August 1945.The Korean peninsula was under Japanese colonial rule at the time, and most of those who ...

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Brent crude surpasses $50 a barrel for first time this year SINGAPORE: Brent crude passed $50 a barrel for the first time in 2016 on Thursday after data showed a fall in US crude inventories, adding to expectations of a tightening global market. At around 0330 GMT, Brent North Sea crude for July delivery was up 33 cents at $50.07 a barrel while US benchmark West Texas Intermediate was trading 29 cents higher at $49.85.The $50 price point is a key level and traders are watching ...

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G7 needs 'clear and tough stance' on territorial disputes: Tusk ISE-SHIMA: The Group of Seven needs to take a "clear and tough stance" on China's controversial maritime claims and the Russian annexation of Crimea, European Council President Donald Tusk said Thursday.Speaking on the sidelines of a G7 summit in Japan, Tusk warned that the credibility of the club of rich nations was on the line."The test of our credibility at the G7 is our ability to defend the common values that we share," he told ...

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RECORDER REPORT: PSX mid day update KARACHI: On Thursday, until mid day, KSE-100 Index was at 36650.82 with a positive change of 151.39 and volume of 43,411,550 shares.High and Low were 36670.92 and 36461.95 respectively. Total volume traded in the market was 96,414,670 shares with 299 total traded companies out of which 139 were up, 140 were down and 20 were unchanged.CEMENT was the top traded sector with total traded volume of 12,589,400 shares. It was followed by POWER GENERATION & ...