News Archives for Latest - 2016-11-08

Financial

Yields climb as markets expect Clinton victory in US election

NEW YORK: US Treasury yields rose across the board on Tuesday, recovering from early lows, as investors increasingly pri

Published 08 Nov, 2016 10:02pm

WB to provide technical assistance for developing tariff policy

ISLAMABAD: World Bank has agreed to provide technical assistance to Pakistan for the development of a new tariff policy

Published 08 Nov, 2016 09:55pm

North America

Security on high alert in New York as voting proceeds

NEW YORK: Voters turned up in large numbers in New York City Tuesday amid high security as both presidential candidates

Published 08 Nov, 2016 09:49pm

Financial

Australian shares set to rise as odds favour Clinton; NZ up

SYDNEY: Australian shares are likely to edge higher on Wednesday, tracking a solid session on Wall Street as the odds ti

Published 08 Nov, 2016 09:36pm

Commodities

Soybeans, corn climb on fund-driven buying

CHICAGO: US soybean futures rose on Tuesday as fresh capital flowed into grain and oilseed markets a day ahead of a mont

Published 08 Nov, 2016 09:35pm

World Top News

Americans pick between Clinton and Trump after bruising campaign

NEW YORK: The long and contentious race for the White House between Democrat Hillary Clinton and Republican Donald Trump

Published 08 Nov, 2016 09:33pm

Sports

Neymar gives Messi lift on private jet

BELO HORIZONTE: They may be about to lock horns in the latest instalment of Brazil and Argentina's ferocious footbal

Published 08 Nov, 2016 09:27pm

Sports

Football: Now Ronaldo bags 'long-term' Nike deal

MADRID: A day after signing a bumper fresh contract with Real Madrid, Cristiano Ronaldo has boosted his mind-boggling ea

Published 08 Nov, 2016 09:25pm

Sports

Football: Lungu goal gives Zambia victory in Uganda

JOHANNESBURG: Zambia edged hosts Uganda 1-0 on Tuesday in a warm-up match for both countries ahead of 2018 World Cup qua

Published 08 Nov, 2016 09:23pm

Sports

Football: Albania-Israel match moved over attack fears

JERUSALEM: Israel said on Tuesday that the Islamic State group had been planning attacks "in the Balkans" and specifical

Published 08 Nov, 2016 09:23pm

Financial

Mexican peso hits 2-month high on bets Clinton to win US election

MEXICO CITY: Mexico's peso firmed to its strongest in two months on Tuesday on bets that Democratic candidate Hillar

Published 08 Nov, 2016 08:56pm

North America

Voices of American voters

WASHINGTON: As Americans make a historic choice between Hillary Clinton and Donald Trump for president, here are the voi

Published 08 Nov, 2016 08:53pm

Europe

Strauss-Kahn must pay 75,000 euros in back taxes: Luxembourg court

LUXEMBOURG: Luxembourg's administrative court on Tuesday rejected an appeal by former IMF chief Dominique Strauss-Ka

Published 08 Nov, 2016 08:49pm

Commodities

CBOT corn climbs 2 percent on fund-driven technical buying

CHICAGO: Chicago Board of Trade corn futures rose more than 2 percent on Tuesday on fund-driven buying ahead of a monthl

Published 08 Nov, 2016 08:40pm

Commodities

CBOT wheat ends higher, led by corn and soybeans

CHICAGO: Chicago Board of Trade wheat closed higher on Tuesday as strength in corn and soybean futures triggered short-c

Published 08 Nov, 2016 08:34pm

North America

Democrats hold slight edge in contest to control US Senate

WASHINGTON: The Democrats were slightly favored to wrest control of the US Senate from the Republicans in Tuesday's

Published 08 Nov, 2016 08:33pm

Commodities

Gold turns lower ahead of US presidential vote outcome

NEW YORK/LONDON: Gold prices turned lower on Tuesday as the dollar and global equity markets firmed with investors growi

Published 08 Nov, 2016 08:30pm

Commodities

Arabica coffee tumbles from near two-year high, robusta slumps

NEW YORK/LONDON: ICE arabica coffee futures touched a nearly two-year high on Tuesday before sinking about 4 percent on

Published 08 Nov, 2016 08:20pm

World Top News

Trump on accepting election results: 'see how things play out'

WASHINGTON: Republican presidential candidate Donald Trump said on Tuesday he would have to "see how things play out" be

Published 08 Nov, 2016 08:19pm

World Top News

Trump campaign sues in Nevada over Las Vegas polling place

NEVADA: Republican presidential candidate Donald Trump sued the registrar of voters in Clark County, Nevada, over a poll

Published 08 Nov, 2016 08:18pm

Commodities

CBOT soy ends up on technical buying, positioning ahead of USDA

CHICAGO: Chicago Board of Trade soybean futures rose on Tuesday for a fourth straight session on technical buying and po

Published 08 Nov, 2016 08:04pm

Asia

South Korea president to visit parliament amid political scandal

SEOUL: South Korean President Park Geun-hye will visit parliament on Tuesday and meet the speaker, an opposition assembl

Published 08 Nov, 2016 07:55pm

Europe

Russia's Putin orders for more pensioners to get one-off payment

MOSCOW: President Vladimir Putin ordered the Russian government to quickly amend draft legislation on a one-off payment

Published 08 Nov, 2016 07:51pm

Financial

Taiwan sells 10-year govt bonds at 1.018pc yield, above f'cast

TAIPEI: Taiwan auctioned T$30 billion ($952 million) in 10-year government bonds at a yield of 1.018 percent, the centra

Published 08 Nov, 2016 07:49pm

Asia

Japan's Aso: may respond to yen spikes as result of US leadership race

TOKYO: Finance Minister Taro Aso said on Tuesday that Japan will need to respond to currency market moves if results of

Published 08 Nov, 2016 07:46pm

Asia

Japan PM Abe told MOF's Asakawa to closely watch forex

TOKYO: Japanese Prime Minister Shinzo Abe told a senior finance ministry official to closely monitor the currency market

Published 08 Nov, 2016 07:45pm

Europe

British PM May says EU divorce timetable still deliverable

LONDON: British Prime Minister Theresa May is committed to triggering the formal European Union divorce talks by the end

Published 08 Nov, 2016 07:43pm

Europe

Polish jobless rate dips to 8.2pc in October

WARSAW: Poland's registered unemployment rate edged down to 8.2 percent in October from 8.3 percent in September, th

Published 08 Nov, 2016 07:41pm

Financial

China stocks rise as Clinton relief offsets weak China trade data

SHANGHAI: China stocks rose to a 10-month high, as Wall Street rallied overnight thanks to a growing sense of relief tha

Published 08 Nov, 2016 07:33pm

Commodities

Soybeans, corn climb on fresh fund inflows

CHICAGO: US soybean futures rose on Tuesday as fresh capital flowed into grain and oilseed markets a day ahead of a mont

Published 08 Nov, 2016 07:31pm

Financial

US, Canadian dollars rise with Mexico peso as markets bet on Clinton win

NEW YORK: The dollar rose against the safe-haven Japanese yen and Swiss franc on Tuesday while the Mexican peso and Cana

Published 08 Nov, 2016 07:27pm

Africa

Ivory Coast's Ouattara enacts new constitution as ‘promise of peace’

ABIDJAN: President Alassane Ouattara signed a new constitution into law on Tuesday, casting it as the way to a peaceful

Published 08 Nov, 2016 07:26pm

Sports

Soccer-Newcastle's Shelvey hit with FA misconduct charge

LONDON: Newcastle United midfielder Jonjo Shelvey has been charged with misconduct for using abusive and/or insulting la

Published 08 Nov, 2016 07:21pm

Financial

Yields surge as markets expect Clinton victory in US election

NEW YORK: US Treasury yields rose across the board on Tuesday, recovering from early lows, as investors increasingly pri

Published 08 Nov, 2016 07:20pm

World Top News

Future at stake as Americans choose next president

WASHINGTON: America's future hung in the balance Tuesday as millions of eager voters cast ballots to elect Democrat

Published 08 Nov, 2016 07:12pm

World Top News

Wall Street voting for Clinton and Republican Congress

NEW YORK: After an unpredictable and bitter campaign season, Wall Street is eyeing its preferred 2016 election outcome:

Published 08 Nov, 2016 07:08pm

Europe

Bulgaria Sept industrial output drops 0.2 pct m/m

SOFIA: Bulgaria's industrial output dropped 0.2 percent in September after a 0.6 percent increase a month earlier, s

Published 08 Nov, 2016 06:50pm

Financial

Ugandan shilling firms on dollar inflows from charities

KAMPALA: The Ugandan shilling recouped some of its losses over the last few days on Tuesday, buoyed by dollar inflows fr

Published 08 Nov, 2016 06:48pm

Europe

Turkish industrial output slides, growth forecasts lowered

ISTANBUL: Turkish industrial production shrank 3.1 percent year-on-year in September, official data showed on Tuesday, p

Published 08 Nov, 2016 06:47pm

Energy

UAE's ADNOC, Occidental to expand Al Hosn capacity by 50 percent

ABU DHABI: Abu Dhabi National Oil Co (ADNOC) and US-based Occidental Petroleum said on Tuesday they planned to expand th

Published 08 Nov, 2016 06:33pm

Financial

Egyptian pound edges down in early trade, little volume

CAIRO: The Egyptian pound edged down in early interbank trade on Tuesday following the central bank's decision to fl

Published 08 Nov, 2016 06:28pm

Financial

Dollar inches lower, all eyes on US voting

LONDON: The dollar inched lower ahead of voting in the US presidential election on Tuesday, a sign of last-minute nerves

Published 08 Nov, 2016 06:23pm

Europe

Hungarian parliament rejects migrant ban in blow to PM Orban

BUDAPEST: Hungary's parliament on Tuesday narrowly rejected a plan by Prime Minister Viktor Orban to ban the resettl

Published 08 Nov, 2016 06:10pm

Asia

South Korea says growth sluggish, uncertainties to economy growing

SEOUL: South Korea's production and consumption have remained broadly sluggish, and the economy faces growing uncert

Published 08 Nov, 2016 06:08pm

Europe

Germany rejects Turkey's claim that Berlin supports militant groups

BERLIN: German Foreign Minister Frank-Walter Steinmeier on Tuesday rejected a claim by his Turkish counterpart that Germ

Published 08 Nov, 2016 05:58pm

Europe

EU calls on Turkey to save democracy, increasing criticism

BRUSSELS: The European Union issued a strong new call on Turkey on Tuesday to resume political dialogue with opposition

Published 08 Nov, 2016 05:57pm

Asia

China Oct vehicle sales rise 20pc y/y

BEIJING: Passenger vehicle sales in China to retail customers rose 20 percent in October from a year earlier, the China

Published 08 Nov, 2016 05:56pm

Africa

Blast rocks pipeline feeding Forcados terminal in Nigeria's Delta

LAGOS: A blast rocked a pipeline operated by Nigeria's state-run oil company that feeds the Forcados terminal in the

Published 08 Nov, 2016 05:54pm

World Top News

Democrats temper US Congress ambitions on brink of election

WASHINGTON: As voters head to the polls in Tuesday's US election, hopes have dampened among Democrats that they will

Published 08 Nov, 2016 05:38pm

World Top News

Trump and Clinton: just two miles apart in Manhattan

NEW YORK: On Tuesday, the next president of the United States will celebrate in New York, no matter who wins.Donald Trum

Published 08 Nov, 2016 05:13pm

Europe

Italy row with Brussels escalates, PM lashes 'diktats'

ROME: Italian Prime Minister Matteo Renzi lashed out Tuesday over Brussels' "diktats" in the latest attack on the Eu

Published 08 Nov, 2016 05:03pm

Sports

Football: Pioli appointed Inter Milan coach

MILAN: Italian Stefano Pioli has been appointed coach of Inter Milan to replace Dutchman Frank De Boer, the Serie A club

Published 08 Nov, 2016 04:57pm

Life & Style

Prince Harry slams 'abuse' of actress girlfriend

LONDON: Britain's Prince Harry confirmed Tuesday he is dating US actress Meghan Markle as he blasted racist "abuse a

Published 08 Nov, 2016 04:47pm

North America

Polls open in pivotal US presidential election

WASHINGTON: Polling stations opened Tuesday as the first ballots were cast in the long-awaited election pitting Hillary

Published 08 Nov, 2016 04:35pm

World Top News

Clinton or Trump? America voting at last

WASHINGTON: After an exhausting, wild, bitter, and sometimes sordid campaign, Americans finally began voting Tuesday for

Published 08 Nov, 2016 04:32pm

North America

Canadian PM Trudeau to visit Cuba, Argentina

OTTAWA: Canadian Prime Minister Justin Trudeau will visit Cuba and Argentina next week in a bid to strengthen ties and b

Published 08 Nov, 2016 04:25pm

Africa

Climate change making extreme weather events worse: UN

MARRAKESH: Climate change has made deadly heatwaves and hurricanes, along with droughts and flooding, both more frequent

Published 08 Nov, 2016 04:20pm

Europe

Juncker warns Turkey slipping away from EU

BRUSSELS: European Commission head Jean-Claude Juncker on Tuesday warned President Recep Tayyip Erdogan against moving T

Published 08 Nov, 2016 04:19pm

World Top News

The US presidential election: a how-to guide

WASHINGTON: The American presidential election takes places every four years on the Tuesday following the first Monday i

Published 08 Nov, 2016 04:18pm

Europe

UK Supreme Court to hear govt Brexit appeal Dec 5-8

LONDON: Britain's Supreme Court said Tuesday it has set aside four days starting on December 5 for the government&#3

Published 08 Nov, 2016 04:03pm

Financial

Mexican peso falls as US votes

MEXICO CITY: Mexico's peso fell on Tuesday as the country braced for the outcome of the US presidential election ami

Published 08 Nov, 2016 04:02pm

Energy

Total signs first post-sanctions Western energy deal with Iran

PARIS: France's Total has signed a deal with Iran to further develop its part of the world's largest gas field,

Published 08 Nov, 2016 03:55pm

Europe

EU pledges 400mn euros to boost startups

LISBON: The European Union launched a venture capital fund of 400 million euros ($442 million) on Tuesday aimed at helpi

Published 08 Nov, 2016 03:53pm

Asia

UK economy very strong, govt committed to fiscal discipline: May

BENGALURU: Prime Minister Theresa May said the fundamentals of the British economy were very strong and affirmed her com

Published 08 Nov, 2016 03:51pm

Financial

Sri Lankan shares end slightly lower ahead of budget

COLOMBO: Sri Lankan shares ended marginally lower on Tuesday, down from a more than two-week closing high hit in the pre

Published 08 Nov, 2016 03:34pm

Energy

Asia-Pacific Crude-January Australian heavy crude supplies rise

SINGAPORE: Offers for January-loading regional grades have emerged following the release of various Australian crude loa

Published 08 Nov, 2016 03:31pm

Financial

Yields fall at Belgian T-bill auction, 12-month at record low

BRUSSELS: Belgium raised 1.796 billion euros ($1.98 billion) of short-term debt at an auction on Tuesday, with yields fa

Published 08 Nov, 2016 03:29pm

Life & Style

Proteins can warn of diabetes risk in children

ISLAMABAD: Certain proteins in the blood of children have the potential to predict the development of Type 1 diabetes ev

Published 08 Nov, 2016 02:40pm

Industries & Sectors

CMPak achieves highest ever monthly revenue of Rs5bn

ISLAMABAD: China Pakistan Mobile (CMPak), Zong, on Tuesday announced it has achieved its highest ever monthly revenue of

Published 08 Nov, 2016 02:28pm

CDNS collects Rs76bn by Oct 31

ISLAMABAD: The Central Directorate of National Savings (CDNS) collected Rs 76 billion in first quarter of current fiscal

Published 08 Nov, 2016 02:25pm

Industries & Sectors

China keen to build Pak portion of IP gas pipeline

ISLAMABAD: Managing Director of Pakistan's Inter State Gas Systems (ISGS) Mobin Saulat has said that China has expre

Published 08 Nov, 2016 01:42pm

Industries & Sectors

Gas theft decreased by 3pc, 133,106 cases detected

ISLAMABAD: The government has taken drastic measures against gas theft and illegal connections across the country that b

Published 08 Nov, 2016 12:55pm

Life & Style

Prince Harry hits out at media intrusion over new US girlfriend

LONDON: Britain's Prince Harry issued a rare statement on Tuesday to criticise the media for intruding into the priv

Published 08 Nov, 2016 11:17am

Financial

Nigerian naira falls to 375.5 versus dollar on official market

LAGOS: Nigeria's naira weakened to a record low of 375.50 to the dollar on Tuesday on the official interbank market,

Published 08 Nov, 2016 11:06am

Financial

Sterling up with UK data in back seat to US elections

LONDON: Sterling rose against the dollar in nervous trade on Tuesday as Hillary Clinton and Donald Trump approached the

Published 08 Nov, 2016 10:50am

North America

Clinton urges voters to choose 'hopeful' America

RALEIGH: Hillary Clinton urged voters in the early hours of Tuesday to embrace her vision of a "hopeful, inclusive, big-

Published 08 Nov, 2016 10:30am

Financial

Tokyo stocks end flat as US heads to polls

TOKYO: Tokyo stocks ended flat Tuesday as a wait-and-see mood prevailed hours before the US votes in its nail-biter pres

Published 08 Nov, 2016 09:11am

Financial

Hong Kong, Shanghai stocks end higher

HONG KONG: Hong Kong shares closed higher Tuesday along with most Asian markets as investors bet on a Hillary Clinton vi

Published 08 Nov, 2016 09:08am

Financial

Asian markets up on Clinton hopes but traders on edge

HONG KONG: Most Asian markets extended gains on hopes Hillary Clinton will beat Donald Trump in Tuesday's presidenti

Published 08 Nov, 2016 09:07am

Asia

Iran signs major gas deal with France's Total

TEHRAN: Iran signed a deal with France's Total on Tuesday to develop a major offshore gas field, its first big contr

Published 08 Nov, 2016 09:05am

Life & Style

Rawalpindi Express is now a Proud Papa

Pakistan superstar and the fastest bowler in the history of cricket Shoaib Akhtar became father of a baby boy. The Rawal

Published 08 Nov, 2016 08:44am

Energy

China Oct crude oil imports at 10-month low as teapot pacing down

BEIJING: China's crude oil imports in October fell from a record high the previous month to its lowest on a daily ba

Published 08 Nov, 2016 08:09am

Energy

Oil prices steady ahead of US election, weak China data weighs

SINGAPORE: Oil prices were stable on Tuesday as financial investors and traders were cautiously positioning themselves f

Published 08 Nov, 2016 08:08am

World Top News

Pakistan condemns ceasefire violations on LoC; Indian Deputy HC summoned

ISLAMABAD: Pakistan on Tuesday summoned the Deputy High Commissioner of India to register its protest and strong condemn

Published 08 Nov, 2016 08:05am

Financial

Stocks up as nervous markets wager on Clinton winning White House race

SINGAPORE: Asian stocks rose on Tuesday as world markets braced for the outcome of one of the most contentious U.S. pres

Published 08 Nov, 2016 07:53am

Energy

OPEC sees rival oil supply down, but not out

LONDON: Global demand for OPEC's crude oil will rise in the next three years, the group forecast, suggesting its 201

Published 08 Nov, 2016 07:51am

Financial

China stocks rise as Clinton relief offsets weak China trade data

SHANGHAI: China stocks rose to a 10-month high, as Wall Street rallied overnight thanks to a growing sense of relief tha

Published 08 Nov, 2016 07:48am

Financial

JGBs gain as 10-year debt auction draws firm demand

TOKYO: Japanese government bond prices turned higher on Tuesday as the market took heart from firm investor demand at a

Published 08 Nov, 2016 07:40am

North America

Clinton calls Trump a 'loose cannon' in final pitch to voters

PHILADELPHIA: Democratic presidential nominee Hillary Clinton on Monday made a final pitch to tens of thousands of voter

Published 08 Nov, 2016 06:32am

Financial

Asian markets mostly up but traders on edge

HONG KONG: Most Asian markets extended gains on hopes Hillary Clinton will beat Donald Trump to win Tuesday's presid

Published 08 Nov, 2016 06:31am

Financial

Tokyo stocks down by break as US heads to polls

TOKYO: Tokyo stocks gave up early gains to end the morning session lower Tuesday as caution set in hours before the US v

Published 08 Nov, 2016 06:30am

World Top News

Clinton's final vote push: upbeat, with Barack and The Boss

PHILADELPHIA: In a red pantsuit and full of smiles, Hillary Clinton blitzed three states and four cities in a marathon f

Published 08 Nov, 2016 06:29am

Financial

Hong Kong, Shanghai stocks end morning higher

HONG KONG: Hong Kong stocks ended the morning session on a high Tuesday on hopes Hillary Clinton will win the US preside

Published 08 Nov, 2016 06:26am

Life & Style

People can’t stop gushing about Fawad Khan’s latest photoshoot

Pakistani heartthrob Fawad Khan is making headline yet again but this time for something ‘not so controversial’. After l

Published 08 Nov, 2016 06:06am

North America

Obama looks to history in campaign finale

PHILADELPHIA: Barack Obama on Monday harnessed history and all of his vaunted oratorical skill in a final campaign push

Published 08 Nov, 2016 05:49am

Indonesia buys Canadian wheat, Philippines eyes feed grains

An Indonesian miller bought 20,000 tonnes of high-quality Canadian wheat in a recent deal for February shipment, while the Philippines is seeking feed wheat and soybean meal, two traders said. Canadian Western Red Spring (CWRS) wheat with 13.5 percent pro