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Last update: Thu, 25 Aug 2016 07am

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Militants storm American University in Kabul KABUL: Explosions and gunfire rang out as militants stormed the elite American University of Afghanistan in Kabul Wednesday, prompting desperate calls for help from students trapped inside classrooms, in the latest attack in the Afghan capital.At least one person was killed and 26 others were wounded in the assault, which comes just weeks after two university professors -- an American and an Australian -- were kidnapped at gunpoint near the school.Dozens of heavily-armed troops cordoned off the area after the attack started on Wednesday evening, when the private university is usually packed with students, many of them working professionals doing part-time courses."I heard explosions and gunfire is going on close by our classroom is filled with smoke and dust," said an anxious student."We are stuck inside and very afraid," she told AFP by telephone.Many other trapped students were tweeting desperate messages for help, with some using classroom furniture to barricade ...

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IMF approves $720mn Jordan loan deal AMMAN: The International Monetary Fund said Wednesday it has approved a $723 million three-year line of credit to Jordan aimed at boosting the kingdom at a time of war in the region."The executive board of the International Monetary Fund today approved a three-year extended arrangement under the extended fund facility for Jordan," the Fund said in a statement.It said the $723 million loan amounting to 150 percent of Jordan's quota was to support the country's ...

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I do not consider Altaf Hussain, Pakistani: Khawaja Asif ISLAMABAD: Minister for Defence Khawaja Muhammad Asif on Wednesday said, statements and actions of Altaf Hussain have exposed his real face and he does not consider the MQM leader, a Pakistani."Altaf Hussain does not fulfill the principles of nationalism, patriotism and politics. So I do not consider him a Pakistani," the minister said speaking in a private news channel programme."How can we consider a person as Pakistani who is on self- exile, gets extortion money ...

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European stocks rebound as euro slips; oil tumbles NEW YORK: European stocks scored consecutive daily gains for the first time in three weeks on Wednesday, drawing support from a weak euro, but US and Canadian stocks drifted down as lower metal and oil prices weighed on the materials sector. Emerging market stocks retreated 1 percent, led by political risk-driven losses in South Africa and Turkey, while broader sentiment was dented by a revival of US rate rise expectations. Markets are largely waiting for ...

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Karachi elects prisoner as mayor KARACHI: The Pakistani port megacity of Karachi Wednesday elected as mayor a politician who is currently in jail on sedition and terrorism charges, a day after the leader of his party was charged with treason.Waseem Akhtar, a former minister and parliamentarian of Muttahida Qaumi Movement (MQM), won the mayoral poll by a landslide with 196 of the total 294 votes cast by the city's municipal authorities. Akhtar was arrested in July and accused of ordering ...