Archive of April 2012

Experts urge govt to broaden tax base, explore new avenues

ISLAMABAD: The experts on Monday urged the government to increase the Tax to Gross Domestic Product (GDP) ratio by exploring new avenues for broadening the...

Drone strikes are legal, ethical: Obama aide

WASHINGTON: US President Barack Obama has ordered more openness about the secretive drone war pounding Al-Qaeda in Pakistan, a top official said Monday, mounting the...

US stocks close lower as Spain weighs

NEW YORK: US stocks closed out April Monday with all three indices slipping lower, helped by weak US consumer spending data and ongoing worries about...

ICE canola mostly higher, posts monthly gain

WINNIPEG: ICE Canada canola futures were mostly higher on Monday to post a monthly gain of 4.4 percent, their third straight monthly increase. * Higher soybean...

Chavez returning to Cuba for more cancer treatment

CARACAS: Venezuelan President Hugo Chavez said Monday he would soon return to Cuba for another round of radiation treatment in his ongoing battle with cancer,...

US senator discusses Syria with Saudi king

WASHINGTON: US Senator Joe Lieberman met in Riyadh Monday with Saudi King Abdullah and other senior officials as part of a Middle East tour to...

Soybeans snap back to near 4-year peak

CHICAGO: US soybean futures rebounded to near a four-year peak o n M onday, notching gains for the fifth straight day after an earlier retreat...

Spanish downgrade not seen hitting US debt market, yet

NEW YORK/LONDON: The Standard & Poor's credit downgrade of Spain last week should have little immediate impact on US money markets, although further downgrades co...

Obama warns N. Korea that ‘provocation’ pattern over

WASHINGTON: President Barack Obama on Monday warned North Korea that its "old pattern of provocation" was over and insisted that the United States would not...

Police stops relief convoy entering Lyari

KARACHI: Police here on Monday intercepted a convoy of relief goods including food, water and medicines that was on way to Lyari to provide emergency...