Archive of June 2016

Rhetoric cannot be a substitute to real development: Khurram Dastgir

ISLAMABAD: Minister for Commerce Khurram Dastgir Khan on Thursday said Pakistan Tehreek-e-Insaaf had failed to ameliorating masses problems in Khyber Pakhtunkhwa province and introducing any...

PARCO to complete Khalifa coastal refinery project: Shahid Khaqan

ISLAMABAD: Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi Thursday said Pakistan Arab Refinery Company (PARCO) was tasked with the project to complete Khalifa...

Senate body on problems of less developed areas to meet on Friday

ISLAMABAD: A meeting of Senate Functional Committee on Problems of Less Developed Areas would be held here on July 1 at Parliament House.The committee would...

Senate body to be briefed on scandal of human organs sale

ISLAMABAD: A meeting of the Standing Committee on Interior and Narcotics Control will be held on July 11, at Parliament House under the Chairmanship of...

Pak-China bound in everlasting relations of friendship: CM

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif Thursday said that Pakistan and China were bound in everlasting relations of friendship.The CM expressed these remarks while...

UN rights council creates role of expert to protect LGBT people

GENEVA: The United Nations Human Rights Council narrowly agreed on Thursday to appoint an independent investigator to help protect homosexuals and transgender people worldwide from...

EU wheat hits fresh contract lows after USDA data

PARIS: Euronext wheat futures fell to fresh contract lows on Thursday as higher-than-expected US government estimates for corn and wheat sowings added to pressure from...

US bond prices fall, poised for strong first half

NEW YORK: US Treasury debt prices fell on Thursday as investors scaled back their safe-haven bond holdings and stock markets worldwide recouped more losses after...

US Fed awards $278.81bn in reverse repos

NEW YORK: The Federal Reserve on Thursday awarded $278.81 billion of one-day, fixed-rate reverse repurchase agreements to 92 bidders at an interest rate of 0.25...

Med Crude-Urals hits 6-month highs in Mediterranean, Iran sends crude to Poland

MOSCOW: Urals crude differentials in the Mediterranean have scaled to a six-month high on limited supply from Novorossiisk in July, while the gap between prices...