Archive of June 2015

Third seed Halep out of Wimbledon

LONDON: Third-seeded Romanian Simona Halep was knocked out of Wimbledon on Monday, losing in the first round 5-7, 6-4, 6-3 to Jana Cepelova of Slovakia.Halep...

Obama says 'I will walk away' from bad Iran deal

WASHINGTON: US President Barack Obama warned Tuesday he will "walk away" from a bad nuclear deal with Iran, as Tehran and six world powers gave...

PAF fully capable of defending country's sovereignty: Air Chief

KARACHI: We are absolutely aware about the defence of our motherland and PAF is fully capable of defending our sovereignty, said the Air Chief, while...

Framework of vision 2025 encourages government to set up priorities and development initiatives: Ahsan Iqbal

ISLAMABAD: Minister for Planning and Development Prof. Ahsan Iqbal here on Monday said that the framework of vision 2025 not only helps achieving targets of...

Govt to provide Rs 2.5 billion subsidy in PoL products

ISLAMABAD: Minister for Finance, Senator Mohammad Ishaq Dar has said that government would provide Rs. 2.5 billion subsidy on petroleum products in month of July...

US home prices climb in April

WASHINGTON: US home prices climbed in April but gains moderated at the start of the spring home-buying season, according to the S&P/Case-Shiller index published Tuesday.Although...

European stock markets mixed despite nearing Greek default

LONDON: Europe's main stock markets were mixed Tuesday despite confirmation by Greece it would not make a debt payment due to the International Monetary Fund,...

US stocks up ahead of likely Greek default

NEW YORK: Wall Street stocks rose early Tuesday, recovering some of the losses from Monday's rout even as Greece edged closer to a debt default.About...

US consumer confidence brightens again in June

WASHINGTON: US consumer confidence grew stronger in June, building on a small rise in May as consumers saw improving economic conditions and jobs market, the...

Eurozone to discuss new Greece request

BRUSSELS: Eurozone finance ministers will hold an emergency conference call Tuesday to discuss a last-minute proposal by Athens, just hours before Greece's current bailout expires,...